Section 27.3 Numeric modes contains:
Here is how the bits are arranged, starting with
the lowest valued bit:
Value in Corresponding
Mode Mode Bit
Other users not in the file's group:
1 Execute/search
2 Write
4 Read
Other users in the file's group:
10 Execute/search
20 Write
40 Read
The file's owner:
100 Execute/search
200 Write
400 Read
Special mode bits:
1000 Restricted deletion flag or sticky bit
2000 Set group ID on execution
4000 Set user ID on execution
These correspondences assume that the file is a regular file. For
example, for a directory (where execution doesn't make sense), 2000
causes files created in the directory to inherit the directory's group.
http://en.wikipedia.org/wiki/Setgid#setuid_and_setgid_on_directories has
more information.