Full text of Survey of Current Business : April 1932
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APRIL, 1932 SURVEY OF CURRENT BUSINESS UNITED STATES DEPARTMENT OF COMMERCE BUREAU OF FOREIGN AND DOMESTIC COMMERCE WASHINGTON VOLUME 12 NUMBER 4 Further aids in distribution In the recent survey of wholesale and retail distribution of hardware and related lines in the Gulf Southwest, by the Bureau of Foreign and Domestic Commerce, three methods of determining what products to carry were found in vogue: General or local market analysis, systematic study of retail dealer requirements, and "want lists/' The report of this survey, prepared in the domestic regional division, follows reports of previous studies of the distribution of dry goods, cotton production and distribution, and the petroleum industry of the Gulf Southwest, It illustrates the Bureau's services, not only in furnishing basic data for investigations (in the SURVEY OF CURRENT BUSINESS) but also the findings of detailed marketing research and personal conferences. You already are familiar with the scope of the foundation material found in the SURVEY. An announcement of the published results of the investigation of hardware distribution in the Gulf Southwest appears on the last cover of this issue. V o l u m e 12 APRIL, 1932 Number 4 W E E K L Y DATA T H R O U G H M A R C H 19, 1932 M O N T H L Y DATA T H R O U G H F E B R U A R Y SURVEY OF CURRENT BUSINESS PUBLISHED BY UNITED STATES DEPARTMENT OF COMMERCE WASHINGTON CONTENTS Page Monthly business indicators Business situation summarized Finance 1932 in comparison Commodity prices Employment Domestic trade Foreign trade Transportation Construction Agriculture Iron and steel industry . Chemical industries Automobile and rubber industries Textile industry Food industries Forest products New and revised series—Security movements, New York Stock Exchange Weekly business statistics Monthly business statistics (Index) 2 3 4 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 Subscription price of the SURVEY or CURRENT BUSINESS is 31*50 a year which includes the 12 monthly numbers, the annual supplement, and the 52 weekly supplements; single copies (monthly), 10 cents; annual supplement, 25 cents. Foreign subscription! without weekly supplements, 32.50; single copies (monthly issues), including postage, 14 cents; annual supplement, 36 cents. Make remittances only to Superintendent of Documents, Washington, D. C., by postal money order, expiess order, or New York draft. Currency at Sender's risk. Postage stamps or foreign money not accepted 109570—32 1 SURVEY OF CURRENT BUSINESS April, 1932 Monthly Business Indicators 1923-1925 = 100 INDUSTRIAL PRODUCTION 160 140 INDUSTRIAL PRODUCTION MANUFACTURES (ADJUSTED)® -MINERALS (ADJUSTED) ' ¥ 100 100 • 60 FACTORY EMPLOYMENT 160 FACTORY PAYROLLS 15Q s UNADJUSTED 100 50 TOTAL FREIGHT CAR LOADINGS 150 140 FREIGHT CAR LOADINGS LCL. f UNADJUSTED 100 }00 60 DEPARTMENT 200 t I I I I MM I ! I I I ! I I I I I STORE SALES I I I! ! I I I II I I I ! I I I I I I I I I M l I II I VALUE OF EXPORTS 160 WHOLESALE PRICES 160 VALUE OF IMPORTS 160 100 40 » I ' I ' I I I I I I I t I M I III II Ii I I II ! i I I I 200 40 BANK DEBITS OUTSIDE NEW YORK CITY 100 200 BUILDING CONTRACTS AWARDED 100 0 1928 1929 1930 1931 ADJUSTED FOR SEASONAL VARIATION 1932 I9Z8 1929 1930 1932 SURVEY OF CURRENT BUSINESS April, 1932 Business Situation Summarized ALTHOUGH the volume of production and dis^~*- tribution showed further shrinkage in February and early March after allowing for seasonal variation, there has been a noticeable revival of confidence following upon evidence that recent financial measures have been effective in causing a sharp reduction in the number of banking failures and a return of hoarded currency to the banks. In addition to these effects, financial relief has been evidenced in greater stability of wholesale prices during the past few weeks, and easing of money rates, although liquidation of banking assets has continued. Productive activity was somewhat higher in February, but the increase fell short of the usual seasonal gain for the month. The adjusted index of factory production declined more than 1 per cent and was 19 per cent below the level of a year earlier, but mineral production, after allowance for normal seasonal change, was at the same level as in January. Production of textiles, apparel, shoes, and other consumption goods was relatively well maintained in February as in other recent months, while industries producing industrial materials and equipment continued sharply curtailed. Building operations continued at low ebb, with the adjusted index of contract awards declining by more than 10 per cent from January to February. Employment in manufacturing industries increased in February by less than the normal seasonal amount, while the index of factory pay rolls, for the first time in nearly a year, showed a distinct gain. Nearly half of the 89 manufacturing industries from which reports are received reported increased employment, conspicuous gains being recorded in textiles, apparel, shoes, automobiles, agricultural equipment, railroad cars, pottery, glass, furniture, and fertilizers. Nearly all of the nonmanufacturing industries reported small decreases in employment, accompanied in most instances by similar declines in pay rolls. Movement of freight by rail was slightly larger in February than in January, although by less than the usual seasonal amount, so that the adjusted index of freight car loadings declined 5 per cent. Rail shipments of merchandise in less-than-carload lots were virtually unchanged in volume, whereas they usually increase about 4 per cent at this season. The dollar volume of department store sales increased seasonally in February, but remained at a level about 14 per cent below that of the same period in 1931, a decline which is partially attributable to substantial price reductions during the past year. Merchandise exports increased nearly 3 per cent above the January total, although they usually decline in February, while imports showed about the normal seasonal decrease. . Year and month Cfl 3 1 I * „ 80"* v ® •*•*<» 3 ! ployment and pay rolls J? ft~ : a*e S y> . ; « • * » . : !' ? «• i .^ts ;?« W^B 1 f «s| «g| flj ' .-* '. | ; ^1 : -gl I l l 93 .5 S Foreign trade, value j Merchandise, l.c.l. Total || |I g Department • store sales, value Freight car loadings 1 '• f ~ "8 i - 3 1 -e i § -1 ! I i§i & i < ; IB 3 JP 12 3 New " debits outside York City 1 0 UC "C £ » 3 I S o a a Bank ;| , «"" Hot? " Building contracts, all types, value, adjusted MONTHLY BUSINESS INDEXES 107 107 108 1 94 98 86 87 88 87 83 82 78 76 73 73 74 86 87 87 86 82 82 78 75 71 71 72 86 89 91 87 86 86 79 77 84 81 85 i i i 1 78 78 78 78 76 75 74 73 70 69 69 73 75 74 72 68 64 64 62 59 56 56 72 70 70 69 77 7? ; 68 68 52 54 58 59 107 85 71 106 84 70 109 87 i 77 95 78 68 96 71 ! 53 ! 90 74 59 ! 1 ; i Adjusted for seasonal variation. ; i 1l i ! ' i 91 99 1 98 74 75 80 80 80 79 77 76 72 69 69 68 69 87 89 91 92 89 87 86 88 87 85 77 65 i 78 70 78 78 70 61 101 89 108 89 89 88 89 89 88 88 85 83 83 83 80 92 101 97 90 65 67 87 93 97 142 98 97 106 97 95 91 88 84 86 83 81 75 75 81 78 67 69 96 64 ; 75 • . ! 89 80 68 i ; ! ' : ; : . 1 If 00 II .CJTJ •88 •S| •§8 B a 1 1 GO ei ss A 3D I ill o Monthly average 1926=100 Monthly average 1923-1925=100 19 JO: February 1931: February March April May June _. . July.. Yugust September October November December -._ 1932: January _ . February Monthly average, January through February: t 1930 H 1931 1^1932 Wholesale prices 92 87 109. 2 59 62 57 54 49 48 43 48 54 51 48 54 65 58 56 55 54 52 53 52 46 47 86.6 98.4 99.5 95.6 98.4 93.5 83.8 84.3 91.9 74.0 86.7 78 79 40 41 42 41 80.6 65.2 108 98 79 100 63 41 92 56 42 119.7 98.3 72.9 : : Adjusted for number of working days. 91.4 98.0 89.0 79 77 73 65 63 I 61 59 59 55 49 38 76.8 76.0 74.8 73.2 72.1 72.0 72.1 71.2 70.3 70.2 68.6 70.1 70.6 70.1 67.1 65.4 64.9 63.5 60.5 58.8 58.7 55.7 78.3 77.2 75.9 75.1 74.1 73.9 74.2 73.9 72.9 73.4 72.3 31 27 67.3 66.3 52.8 50.6 71.7 71.3 92.0 100 75 ' 77.5 29 | 66.8 99.5 71.6 51.7 89.3 78.7 71 5 104 ! ! i ! i 1 SURVEY OF CURRENT BUSINESS April, 1932 Finance—Credit and Banking conditions have undergone distinct imBANKING provement during the past month as a result of remedial legislation designed to halt the rapid deflation of bank credit, and arrest hoarding and bank failures. Since the enactment of the Glass-Steagall bill, bank failures have been reduced to an average weekly number of 12, compared with the monthly total of 342 in January and 115 for the full month of February. Concurrently, there has been a reversal in the trend of money in circulation with a decline in the weekly circulation figures for the past six weeks. The important influence of bank failures on the curve of money in circulation has been amply demonstrated over the past year and a half and the reduction in the circulating media reflects this decline in suspensions, as well as the organized efforts to arrest hoarding. Liquidation of bank credit has not yet been halted, despite the various aids extended to the banks. Loans on securities of reporting member banks declined throughout February and the first three weeks of March, and the total of such accommodations is currently about 28 per cent below a year ago. Similarly, the commercial loans, as represented by the "all other" category, have continued to experience a weekly recession of important proportions. Both of these movements have been accompanied in recent months by a continued shrinkage in the investment portfolios of the member banks, although an increase in mid-March was reported as a result of the treasury financing. The gold movement from this country, which again assumed large proportions in January and February, has more recently shown a tendency to subside and under the provisions of the recently enacted legislation the free gold stocks have been augumented in order to meet any further demands from foreign sources. Federal reserve credit outstanding underwent further reduction during February and the first three weeks of March. The decline has resulted from the reduction in bill holdings of the member banks which has been partially offset by increased holdings of government securities. Government securities held are currently $208,000,000 above a year ago. Total reserve credit outstanding for the week ended March 19, was $222,000,000 under the total at the end of January, but $718,000,000 in excess of a year ago. Bank debits tended downward in February, and, while the weekly figures for March have moved era tically, they continue around the February level. February debits outside New York were 25 per cent below the same month of last year, or slightly less than the percentage decline in January. While part of the fall has resulted from the lowering of prices, the figures reflect a continued shrinkage in the volume of transactions. The upward trend of postal savings, which has been particularly rapid in recent months, resulted in a February total 134 per cent above a year ago. The actual gain for the month was smaller than for the two months immediately preceding. CREDIT AND BANKING STATISTICS ! Reporting member b a n k s Wednesday closest to end of month Bank debits Condition of Federal reserve banks end of month 1 Year and month New York City Outside New York City Loans on securities Canada ! MemTotal Total Total bills United Total ber bills bought reserve bank disStates in the bank reserve count- open securi- credit 1 aced market ties count All Inother i vestloans ments MILLIONS OF DOLLARS 1930: February.. 31, 117 1931: 20,948 February 27, 589 March 26, 821 April 25 072 IVIay 25, 893 June 21, 007 July August 17, 501 September,.. 20, 073 October . 20, 678 November... 14,464 December . . . 19, 233 1032: 17, 076 January February... 14, 381 21, 508 2,8.15 17,084 19, 421 19, 620 18. 858 19,406 18, 444 16, 526 16, 627 18, 125 14, 605 17,112 2, 535 2,570 2, 786 3, 172 2,694 2,400 2,244 2, 451 2, 587 2, 842 2, 638 15, 893 12,870 2, 071 : j ! : 7,641 8, 787 ; 7, 313 7, 256 7, 052 6, 867 6, 746 6, 514 6, 519 6, 346 5, 897 5, 807 8, 151 8, 126 -,941 ",863 ",945 ",942 7,879 ",845 -,624 ",543 5, 574 5,440 " 256 ,148 | i i i I | : ; ; 5 575 353 270 480 1, 140 2,260 i i | 198 250 157 174 149 195 255 328 728 718 638 109 124 163 125 106 73 215 469 681 452 339 599 599 598 598 668 678 728 742 727 717 817 925 990 937 917 943 976 1, 255 1, 578 2, 184 1, 931 1,853 2,343 2,428 2, 371 2, 389 2,381 2, 367 2. 373 2, 364 2,167 2, 051 1, 961 7 149 6 935 | 899 838 153 109 746 740 1, 856 1,709 1,947 1,849 183 551 903 807 795 810 6fi5 916 700 506 428 \ I ! ' 1 : i ! i i i '. Net Total i gold bank- ! imDePostal ers* 'AC- \ ports Money posits savings | cept- j inbalNew ! ances I eluding in circu- York ance, to j outgiJd State credit lation I standresavings of de1 ing leased banks positors 1 end of from month earmark i Thousands of dollars 60.0 4, 556 4,436 167, 902 1, 520 ' 18. 6 1,467 28.6 1, 422 i 42. 0 ; 1,413 53.6 1, 368 ; 156. 1 1,228 ; -10.2 1,090 i 41. 5 996 -258. 5 1, 040 -445. 3 1,002 1 117.7 974 : 34.0 4, 598 4,590 4,647 4,679 4,750 4, 836 4,947 5, 133 5, 478 5,518 5,611 4,928 5,018 5, 059 5,083 5, 156 5,149 5, 173 5,231 5,217 5, 213 5, 255 292, 059 302, 658 313, 775 325, 028 347, 417 372, 457 422, 699 468, 908 536, 660 555, 560 595, 634 —49. 1 —66 7 5, 645 5, 827 5, 236 5, 239 658, 081 683, 627 1,624 ' i 1 i • • 901 ' * SURVEY OF CURRENT BUSINESS April, 1932 Finance—Security and Money Markets Brokers' loans have expanded slightly during March, markets have been unable to maintain SECURITY the upward swing initiated in February as a result but the extremely small size of the outstanding total of the adoption of important financial legislation. The response of the bond market to these constructive moves was pronounced, and prices moved upward without interruption until the early part of March. Practically all sections of the list participated in the general strength, with United States Government bonds rising to new highs for the year. The steps taken by the Reconstruction Finance Corporation to aid railroad credit were an important contributing factor riot only to the strength in the rail list, but to the general market as well. All bonds listed on the New York Stock Exchange showed an appreciation as of March 1, in comparison with the month previous, of approximately $975,000,000, with both foreign and domestic issues recording substantial gains. Stock prices moved irregularly upward during the final three week of February, although the average of the weekly prices for the month was below January. In the early part of March the market showed a disposition to break through the upper level of the trading range under the impetus of constructive developments in the British financial situation. This movement was halted by renewed unsettling developments here and abroad, coupled with the absence of indications of improved earnings. Trading on the stock exchange was the lightest since last August. is indicated by the ratio of loans to the market value of all listed shares of 1.90 per cent as of March 1. This compares with a ratio of close to 10 per cent at the peak of the 1929 market. Open market money rates averaged somewhat lower in February, with the exception of the commercial paper rate which was unchanged but which has tended to ease off since the end of February. Following the reduction of the rediscount rate of the New York Federal Reserve Bank and the reduction of the official buying rate for bankers' acceptances, the open-market quotations dropped with leading acceptance dealers marking the rates down on three successive occasions during March. The market for long-term security issues remains inactive. New capital issues during February were smaller than in January, and the increase in March has been slight with offerings still confined to the best grade issues. The cumulative effects of lowered and omitted dividends is reflected in the reduction of 16 per cent in the total of dividend and interest payments for the month as compared with a year ago. The decline was due entirely to a reduction of 32 per cent in dividend payments since the total of interest payments for the month was 3.4 per cent in excess of a year ago. SECURITY AND MONEY MARKET STATISTICS i! Price indices of foreign listed corni mon stock Re- CommonStock ported sales stock prices of yields stocks Year and|month Thou- Per Rel. to sands 1920 sharesof cent 1930: February 1931: February .. . March ... April May ... June July... August. September October . November December 1932: January February ... .. Paris Price Rel. to Rela- to par iDec. 31, tive to weight1913 1923 ed 68, 723 4.38 109.43 496 5.12 4.95 5.43 5.95 5 96 5.66 5.74 6.51 7.28 7.06 8.66 83.92 80.70 81.02 77.63 70. 33 76.42 72.40 66.90 70.14 76.64 70 77 365 373 362 346 322 329 309 304 269 249 243 34, 342 31,719 8 22 8.04 67 18 69.01 221 Closed. 250 Closed. 58 0 56.5 I Range of open market money rates New York j Brokers' loans i Made \ byreReportTotal Long- dividend ported ing term New memby the RaBond capital and real interest ber New C omtio Call yields issues estate York banks ul erto paymonTime Berlin bonds . ments ey re- loans in Stock marcial ket paper JN. i.e., Exnewal Wed. change, value closest ! end of i to month end of 1 1 month \ 119.8 64, 145 121.6 65,494 109 2 54,335 98 0 46, 661 95 1 58, 719 98.2 33,540 95.5 24, 890 81 7 51, 140 69.7 47, 895 71.7 37, 369 57 7 50, 190 156.3 - __ .. London i 133.9 ) I 84.7 97.3 101, 2 96. 6 80. 6 83. 7 Closed. 62.0 Closed. Closed. Closed. Per cent 4.65 Thousands of dollars 468. 574 15,290 4.44 1 74,251 3,590 4.41 II 269,030 2,015 4 43 267.471 7,235 4.43 169, 360 9,485 4 45 131, 343 3, 425 775 4.44 115, 070 4.50 46, 197 2,100 4 70 156, 381 66.785 17, 391 9, 125 5 16 5.19 50, 123 2,619 3, 185 5 81 i 66, 984 5 86 i 5.92 1 4fi fifU 38,863 1,075 0 43'? 4^-5 4^-5 1.50 1.55 1.52 1.45 1 50 1.50 489. 858 1.50 532,840 ! 1 50 747. 157 2.10 557, 742 i 2.50 670,951 2 70 !3k-2 2i^_234" 532, 854 525, 807 594, 282 748, 873 559, 624 762, 077 945, 976 997 938 443, 200 2 -2M 1V-2 Per cent Millions of dollars Per cent 2M i 2J4-2H 1 2 2 A\ |I/_J3/ \\/-\\/ 2 •\\/~\\/ 1V-2 2 2 X / 4 2 -4Mi 3 -4 3 -4 3!i/4 9. fifi oi/_4 33/<~4 2. 50 3H-3M 4,168 5.89 720 591 1,840 1,909 1,651 1,435 1,391 1,344 1,354 1,044 796 730 587 3.22 3.58 3.40 3.37 2.93 3.03 3.04 3.23 2.33 2.35 2.20 505 495 512 525 1.94 1.90 1 3, 489 1.798 i 875 , 730 . 539 ,479 ,390 .366 i 172 S69 SURVEY OF CURRENT BUSINESS April, 1932 1932 in Comparison [ FIRST 2 MONTHS V/////////A BANK DEBITS OUTSIDE NEW YORK CITY - REMAINDER OF YEAR (BILLIONS OF DOLLARS) CONSTRUCTION CONTRACTS AWARDED -(BILLIONS OF DOLLARS) 7^////////^^^ STEEL INGOT PRODUCTION -(MILLIONS OF JONS) AUTOMOBILE PRODUCTION -(THOUSANDS OF CARS) FREIGHT CAR LOADINGS - (MILLIONS OF CARS) SURVEY OF CURRENT BUSINESS April, 1932 Commodity Prices /COMMODITY prices reached lower levels in Feb^^ ruary, a continuation of the renewed weakness which developed in December. Declines in retail food prices and in the general level of wholesale prices were not quite as severe as in the preceding month, and during the first three weeks of the current month wholesale prices have advanced slightly from the low point reached at the end of February. Wholesale commodity prices averaged 1.5 per cent lower in February than in the preceding month, and 14 per cent lower than in February, 1931. The sharpest fall occurred in prices of farm products and foods. Prices of hides and leather products, metals and metal products, and building materials declined from 1 to 2 per cent, while those of textile products, chemicals and drugs, and house-furnishing goods declined only fractionally. Prices of fuel and lighting materials advanced 0.6 per cent. Among the subgroups of commodities the sharpest declines were in the prices of plumbing and heating equipment, 11 per cent; cattle feed, 9 per cent; and crude rubber, 7.5 per cent. Price declines in other subgroups in excess of 3 per cent include: Livestock and poultry, and hides and skins, about 6 per cent; butter, cheese, and milk, 5.5 per cent; lumber, 4.1 per cent; nonferrous metals, 4.9 per cent; farm products, other than grains and livestock, 3.8 per cent; meats, 3.9 per cent; silk and rayon, 3.2 per cent; and mixed fertilizers, 3,4 per cent. Only fractional declines occurred in prices of 13 of the 46 subgroups. Retail prices of foods declined 3.7 per cent from January 15 to the middle of February, as compared with a 4.4 per cent decline from December 15 to the corresponding date in January. During the past year prices of these products have dropped 17 per cent. Of the 42 articles of foods on which quotations are received each month, prices of 30 were lower on February 15 than in the preceding month, while 4 were higher and 8 were unchanged. Prices of fresh eggs again fell sharply, 19 per cent, and quotations for pork chops, butter, and lard were from 7 to 9 per cent lower. The articles showing advances in price constitute a very small part of the diet. The decline of farm prices from mid-January to February 15, as measured by the index of the Department of Agriculture, amounted to 4.8 per cent, bringing the index to the lowest level reached since its compilation was begun in 1909. Farm prices are now 40 per cent lower than the 5-year pre-war average. From January to February, 1932, farm prices of dairy and poultry products fell 9.4 per cent, meat animals dropped 4.4 per cent, and fruits and vegetables, and grains declined 3 per cent and 2 per cent, respectively. Prices of cotton and cottonseed advanced 4.4 per cent. INDEXES OF COMMODITY PRICES Wholesale l !l 1 *5J ^ ! '; A a 3 i -i a||| | i Year and month I £ I 1 1 * !i 5 H i i *I 1 1 1 ! •; « i! g I 1 il 1 1i i \ fl ;! Farm* 1 I 1 Sa !: 1 .! 1 % ! il : 1 s i |f 3 •9 0 * • | !feeS3 1 -w 5£ ;, -os •e3 SO ! Retail 1 VI i I i a3 i s .— • 1 Is >• •a « 3 O i S OQ NOB | | 5 il *E i - '• ! i 1 58 r ,0 O Mo. aver- Mo. average age 1913 = 1923 = 100 100 Mo. aver- Monthly average, 1926=100 1930: February 1931: February .. , March April _ _ May June July August _ September October November December ._ 1932: January February . Monthly average, January February: 1930 1931 1932 1 91.4 98.0 95.8 103.9 86.4 80. 9 ; 96. 9 76.8 76.0 74.8 73.2 72.1 72.0 72.1 71.2 70 3 70.1 70.6 70.1 67. 1 65.4 64.9 63.5 60.5 58.8 68.6 55. 7 78.0 77.6 76. 3 73.8 73.3 74.0 74.6 73.7 73. 3 71 0 69.1 86.9 87.6 87.5 87.6 88.0 89.4 88.7 85.0 82.5 81.6 79.8 70.9 70.0 68.2 67.4 66.6 66.5 65.5 64. 5 63.0 62.2 60.8 72.5 68.3 65. 4 65. 3 62. 9 62. 9 66. 5 67. 4 67. 8 69. 4 68. 3 i 67.3 ! 66.3 52.8 50.6 64.7 62.5 79.3 59.9 59.8 67. 9 68.3 92.0 77.5 ! 66.8 99.5 71.6 51.7 96.6 104.5 79.4 ! 87.8 63.6 | 78.8 i 86.8 71.1 59. 9 81. 3 97. 1 72. 9 : 86. 7 68.1 ! 81.4 70 2 through i Department of Labor. 2 ! 1 i : i ! I ; 78.3 il i ; i ! ; i : 86. 5 86.4 85. 7 85. 0 84. 4 84. 3 83. 9 83. 9 82. 8 82. 6 82. 2 81. 8 80.9 Department of Agriculture. !i 93.6 81.2 ; 91.8 83.3 82.9 81. 3 80. 5 79. 4 78. 9 76. 9 76. 3 75. 6 76. 1 76. 1 88.1 88.0 87.9 86.8 86.4 85.7 84.9 82.7 81.0 80. 9 78.5 71.5 72.0 71.5 70.5 69.7 69.7 68.3 68.2 66.6 68. 7 66.8 70.6 69.5 68.3 66.5 64.7 64.3 64. 1 62.7 61. 5 62.0 60.2 75. 7 75.5 77.7 77.5 65. 6 U.1 58.3 56.9 94. 0 i 92. 3 82.5 ! 82.5 i 81. 5 1 80. 0 9. 3 8. 1 7. 6 7. 0 76. 1 76. 2 75. 7 74. 8 73.4 ii j i ! 1 j i ! i j 93.7 81.3 88.2 71.9 77.6 | 65.2 94. 2 i 92. 7 83. 2 ! 83. 9 74.1 ! 75.6 j 3 153 98.5 131 127 126 124 121 118 119 120 119 119 117 114 89.6 89. 1 88.2 86.9 85.9 85.9 85.9 85.6 84.9 83.9 83.1 ; 90 91 91 86 80 79 75 72 68 71 66 61.9 72.1 71.4 109 105 81.4 i 80.1 63 60 89.8 73.4 62.5 91.8 89. 9 71.8 154 i 98.9 130 i 90.4 107 ! 80.8 ! ; 73.0 72.9 71.5 69.8 69.3 69.3 68.3 66.7 65. 2 64.9 63.7 : 63.1 ; i ! i ; i i 92.9 1 71.7 i 57.6 'i 1 91.5 80.3 79.6 78.3 76.9 76.0 76. 1 i 76.4 75.9 75.1 74.8 ! 73.3 ' 89. 4 1 age 1909 to 1914 = 100 j National Industrial Conference Board. | i i ; 133 92 62 8 SURVEY OF CURRENT BUSINESS April, 193> Employment conditions in February were EMPLOYMENT slightly changed, with a drop of 0.3 per cent below in the spring of 1930 and 1931, which has not been duplicated so far this year. January reported for the 16 groups covered by Among the nonmanufacturing industries, the numthe Bureau of Labor Statistics data. Pay rolls were ber employed was further reduced during February approximately the same as in February. Statistics on and the decline was general in all groups, with the factory employment reveal some expansion, the first exception of the hotels and canning and preserving gain since last September; however, the February industries. In these two latter industries, employincrease was less than the usual seasonal movement, ment totals increased 1.3 and 5.9 per cent, respectively. and the adjusted index declined. Increased factor}7 The most severe declines were in the mining industry employment wras reported for the iron and steel, ma- and in the retail trade group. In addition to the chinery, textiles, transportation equipment, leather, hotel and canning industries, where increased employnonferrous metals, and tobacco industries. The ment was reflected in larger pay-roll totals, increased gains exceeded the usual seasonal increase in the case of pay rolls were reported for the crude petroleum and textiles and leather products, reflecting the more telephone and telegraph groups, while the total for the active demand for clothing and footwear. Compared bituminous coal industry was unchanged. Declines with a year ago, the industries producing consumers' in both employment and pay rolls were reported for goods continue to make the most favorable records. the anthracite, powder, light and water, electric railEmployment in the leather industry in February was way, and the wholesale and retail trade groups. Employment among trade union members was the about the same as a year ago, while employment in the rubber products industry was off only 4.7 per cent, and same in February as in the preceding month, but continues well below a year ago according to the American in the textile industry 6.3 per cent. The chart on page 2 of this issue illustrates that the Federation of Labor. In addition to the 31 per cent decline in factory employment and pay rolls has fol- reported unemployed during February, there was a lowed almost a straight line trend since the peak reached further 20 per cent working only part time. Unemin the latter half of 1929. In February the employ- ployment was most prevalent in the building trades, ment index was at a point one-third below the 1929 a reflection of the low level of activity in the construcpeak. The drop in pay rolls has been sharper owing tion industry. The printing trades reported the lowest to the prevalence of part-time employment and wage percentage of unemployed, but the greatest amount of reductions, but the trend has been almost uniformly part-time employment. downward, interrupted by the temporary improvement STATISTICS OF EMPLOYMENT, PAY ROLLS AND WAGES Year and month Factory emBituminous ployment F.R.B. coal mining F. ». B. factory pay rolls, EmunadPay Ad- Unadploy- rolls justed^ justed justed ment j! Anthracite mining Employment Monthly average, 1923-1925=100 1930: February 1931: February _. March April . . May. ._ June July . August... _ September.. October November December. . 1932: January. February Monthly average, January through February: 1930 . 1931 1932 1 Pay ™Yu rolls j . Em , ployment • Telephone and telegraph Power, light, and water Employment Pay rolls Pay roils j Employ- Employ- Wages, comment ment, mon agencies, trade- labor in appli- ! union road cantsper memPay 10(1 jobs buildbers rolls ing Retail trade Employment Per cent Cents Number I of total per hour ; members Monthly average, 1929=100 93.9 93.3 97.7 102.4 IOC. 9 121.5 98.8 100.4 100.2 101.9 94.4 77.8 77.9 78.0 77.8 76.0 75.1 74.1 72.8 70.3 69.3 69.4 7.3 8.1 7.9 7.1 5.0 3.8 4.2 4.7 71.4 68.7 67.9 73.2 74.9 73.6 72.1 67.6 64.4 64.3 61.8 59.4 56.2 55.8 91.5 88.8 85. 9 82.4 78.4 76.4 77.0 80.4 81.3 81.1 81.2 68.3 65.2 58.6 54.4 ! 62.4 50.4 50.6 53.6 56.2 54.6 52.3 89.5 82.0 85.2 80.3 76.1 65.1 67.3 80.0 86.8 83.5 79.8 101.9 71.3 75.2 76.1 66.7 53.7 56.4 64.9 91.1 79.5 78.4 97.8 96.7 97.1 97.6 97.2 96.7 95.9 94.7 92.7 91.3 90.3 99.7 102.4 97.6 98.7 98.3 | 97.4 96.2 94.3 93.2 93.3 91.2 89.2 88.6 88.1 87.4 86.9 86.6 85.9 85.0 84.1 83.5 83.1 94.8 97.9 95.0 94.1 95.0 93.3 92.3 92.1 91.6 89.7 92.7 87.1 87. 8 90.1 89.9 89.1 83. 9 81.8 86.6 89.8 90.9 106.2 86.7 87.5 88.3 88.0 87.6 83.3 80.3 83.5 84.6 85.4 94.1 68.1 67.8 66.3 67.3 52. 4 53.6 80.8 77.4 47.0 47.0 76.2 71.2 61.5 57.3 89.3 87.2 88.4 86.6 83.0 82.0 89.1 89.6 84.3 80.5 93.3 76.9 66.8 96.1 70.8 53. 0 102.5 92.7 79. 1 101.8 70.8 j 47.0 104.5 90.1 113.7 95.6 59.4 99.2 98.5 88.3 100.1 i 99.2 i 87.2 1 100.9 89. 9 82.5 103. 5 95. 6 i 89.4 i 96.7 88.6 82.4 Adjusted for seasonal variation. ;: 102.1 201 1 78 39 202 179 177 181 205 209 217 196 221 214 191 i ! ! i i ! ! ! | | i 73 74 75 75 75 74 74 74 74 73 70 36 37 35 3/ 37 36 36 34 35 34 33 78.0 73.7 207 i 69 69 32 33 97. 9 88.0 75.9 201 213 ! --J 79 73 69 40 36 33 96.0 : 1 ! i 1 i i i i i 9 SURVEY OF CURRENT BUSINESS April, 1932 Domestic Trade and wholesale trade has shown little imRETAIL provement except in such seasonal lines as clothing, and buying has continued restricted and for immediate requirements. The early date of Easter has stimulated sales of certain merchandise, but the increased volume from this source is of a seasonal nature. Department-store sales, measured in dollar volume, increased by approximately the usual seasonal amount in February. Sales were 10 per cent below the same month a year ago, but as this year had one more trading da}r the decline on a daily-average basis was 14 per cent. The volume of February sales was also below a year ago. The St. Louis and Richmond districts continued the relatively favorable showing of the preceding month, but the decline in New York was of average proportions. The greatest declines were in the South, in the Atlanta and Dallas districts, but the drop in Chicago was also above the average. Sales through the two leading mail-order houses increased during February whereas a small decrease is usual for the month. However, for the first two months of 1932 the dollar volume of mail order sales was 20 per cent below a year ago. Sales through the leading 5-and-10 chains increased in February by slightly more than the usual seasonal amount. Distribution of merchandise by the railroads was only slightly higher than in January, and in the first half of March car loadings were approximately the same as in the corresponding period of February. Merchandise l.c.l. loadings continued close to the January level, but as there is usually a seasonal gain during the month the adjusted index moved downward. Loadings of this class of merchandise were off 14 per cent in comparison with a year ago, while in the immediately preceding months the spread had been 10 per cent. Commercial failures were fewer in February, but the drop was seasonal and the total was in excess of a year ago. Liabilities involved remained exceptionally high. During the first three weeks of March, failures have averaged approximately the same as in February. For the elapsed two months of the current year total failures increased 5.3 per cent and the liabilities involved increased 18 per cent as compared with a year ago. Magazine advertising increased in February but was well below a year ago. For the first two months of the year magazine linage was 26 per cent below the same period of 1931. Expenditures on national magazine advertising showed the usual seasonal uptrend during the first three months of the year, but first-quarter expenditures were 26 per cent below a year ago. Expenditures on radio advertising wrere slightly less than in January, but continued to run about half again as large as a year ago. Postal receipts during February recorded the usual decline for the month, and were 9 per cent below the same month of 1931. For the first two months of the year postal receipts averaged 11 per cent less than in the same period a year ago. DOMESTIC TRADE STATISTICS ii Freight car Flve-and-tenDepartment-3 loadings, niercent-store store stocks chandise, 1. c. 1. sales Departmentstore sales j Year and month Unad- Ad- Unad- Adjust- just- just- justed 2 ed 1 ed ed i Unad- lu et AdUnad- Adjustjust- justed 2 i ed ed 2 1932 1 89 80 92 101 97 90 65 67 87 93 97 142 67 69 89 80 68 il Thou- Mil- ThouNum- Thousands lions of sands ber ofsands dolls, of lines lines of dolls. 51, 326 2,404 82 78, 066 34,966 | 59, 608 60, 387 50, 868 53, 371 51, 656 60,998 1, 944 53, 025 1, 936 47, 256 2,362 70, 660 2, 195 60, 660 2,758 73, 213 1.965 2; 203 2,421 2,375 2,191 1,613 1, 316 1,603 1,911 1,882 1,626 72 90 89 88 80 67 67 77 88 82 70, 935 81, 747 90,646 81, 956 79,311 76, 365 71, 622 74, 679 86, 759 81,318 91, 567 25,312 24,061 3, 458 2, 732 98 98 101 127 163 46,696 | 29,457 106 ! 97 95 91 88 84 86 83 81 81 87 87 85 80 75 76 84 88 89 73 86 84 83 83 82 81 79 81 80 79 78 87 89 91 92 89 87 86 88 87 85 77 89 89 88 89 89 88 86 85 83 83 83 127 144 160 156 148 140 143 142 169 148 279 163 159 168 168 162 149 160 15(5 152 147 144 39,422 43,008 52,078 50,070 49,480 45,093 2,563 26,405 30,178 ! 2,604 2, 383 29,257 27,844 2,248 26,442 1,993 24,578 1,983 78 79 67 69 75 73 75 75 81 78 115 121 155 156 31,975 ' 32,581 46,932 :! 40,441 i i 32,278 !i 30,828 2,511 27,789 i 2, 940 3, 095 24,687 98 ! 97 ; ! 92 80 68 96 85 75 123 126 118 2 Adjusted for seasonal variation. Adver tising lineage Money order value, Liahil- Maga- News- paid ities zine paper Failures 93 108 i Corrected to average daily sales. http://fraser.stlouisfed.org/ 109570—32—2 Federal Reserve Bank of St. Louis Commercial failures Mail- '! Postal order |!r^^ sales, 3 j gj*jd houscs || eitief Thousands of dollars Monthly average, 1923-1925=100 1930: February 1931: February March April . . . . Mav June j July. .. ! August September October November December 1932: January February Monthly average, January through February. 1930 - 1931 . |! ! ! i ! ! ! 43, 004 45, 955 52, 280 45,898 58,821 2, 262 23, 389 ! 26, 335 ! 28, 618 1 25,355 ! 3 ( ; 77 9fi, 860 84,900 1,138 ; 1,469 68 64 78, 149 56, 256 77, 108 90,880 2,209 • 1, 758 1, 304 85 74 66 82, 330 74,604 End of month figures. 10 SURVEY OF CURRENT BUSINESS April, 1932 Foreign Trade from the United States during February EXPORTS increased $5,000,000 over the January total, in contrast with the usual seasonal decline. This improvement together with the drop in imports resulted in a gain in the favorable balance of merchandise trade from $14,400,000 in January to approximately $24,000,000. February exports and imports were valued at $155,000,000 and $131,000,000, respectively. The heavy outflow of gold, which began during January, has passed its peak, with total exports of $128,000,000 in February, and $236,000,000 in the elapsed two months of the current year. During the first weeks of March, the gold outflow has been considerably smaller. Gold imports in February, largely from Japan and Canada, amounted to $37,600,000, as contrasted with $32,900,000 in January and $16,200,000 in the corresponding month of 1931. Major factors in the increase in exports during February were the continuous heavy flow of raw cotton to the Far East; the comparatively large shipments of wheat, not only to South America and China, but also to Europe; a considerable increase in leaf-tobacco exports to the United Kingdom; and a moderate increase in exports of machinery and appliances, and automobiles. While gasoline exports failed to maintain the gain of the preceding month, February shipments were higher than in December. Unit values (average prices) of leading export and import commodities during February showed no significant change. Although prices of tobacco and gasoline exports averaged slightly higher, the unit values of other leading exports were either about the same or somewhat lower. In import trade, the unit value of coffee, tin, and unmanufactured wool increased; while prices of a majority of the other leading commodities moved downward. Our export trade so far this year has included smaller quantities of machinery, automobiles, refined mineral oils, cotton manufactures, copper, tobacco, and meat products than last year; while exports of cotton, wheat, and apples have been considerably larger. The extent of these changes is reflected in the proportion which the several economic classes form of the total. For the 2-month period ended February, 1932, crude materials constituted 34 per cent of our total exports; crude foods, 6 per cent; and finished manufactures, 38 per cent. The distribution in the corresponding period of 1931 was 23, 3, and 50 per cent, respectively. Except for cocoa and cane sugar, imports of leading commodities were smaller in quantity than in January, while as compared with February, 1931, cocoa, sugar, hides and skins, cotton cloth, and copper were higher; and crude rubber, raw silk, newsprint, tin, and burlaps were lower. EXPORTS AND IMPORTS General imports Exports of United States merchandise Year and month Crude Foodstuffs Fiui shed m«inn fact ures Ex- I materials ports, " IncludSemi: j Autoing man moTotal reex' Fruits: MaWheatjMeats and ufacbiles, ports i Haw | Total cot- i Total | and j and prep- tures Total chin- parts, Gasoline ery and ton flour ! fats araaccestions sories <*£« ; sFood. tSSis *ulfc !««!:.:£ ^tnres ™ tures Millions of dollars 1930: February 1931: February. „__ __ March April May June July August _, September October November December 1932: January February Cumulative, January through February: 1930 1931 1932 . 348.8 224.3 235.9 215. 1 204.0 187.1 180.7 164.8 180.2 204.9 193.6 183.6 i 67.7 38.8 1 46. 8 12. 2 ; 15. 9 47.7 56.4 40.2 36.5 29.1 28. 4 25.5 44.4 63.6 68.0 68. 3 25.4 36.0 22.9 18.9 13.5 13.5 9.9 39.8 !! 43.6 47.3 i 29.5 33. 0 28.2 29. 4 28. 7 32.3 28. 1 28. 4 39.3 34. 6 27.1 3.2 10.6 3. 9 10. 1 5.7 i 8.5 7. 4 7. 8 8. 8 7. 1 11.6 6.8 7. 0 6. 4 ; 6. 7 6. 3 i 8.8 7.1 i 8.5 6.0 I 7.6 7.3 36.0 37.3 i 23. 7 22.8 149.9 153.5 49.8 52. 6 759.7 473.9 303.4 172. 0 106.3 102, 4 i i ! i ! 1 • 23.5 : 5. 3 5.1 6. 1 6.0 30.1 32.3 111.3 i 104.4 56.6 ! 65. 0 ! 8. 1 • 22. 8 73.3 ! 46.4 : 10.4 j 12.1 i i i Reexports of foreign merchandise during February, 1932, were $2, 927,000. 7. 4 i 45.2 j 183.2 57.4 30.8 20.8 98.6 59.8 59.0 64.3 8.9 ' 10. 7 6.4 6. 5 5. 7 7.6 ' 8. 0 9. 2 16. 2 11.6 6.6 : 27.4 1 31.4 31.1 ! 29.9 ! 27.4 27.9 23.9 1 21.4 ! 21.2 1 20. 8 i 20.7 | 116.1 110. 3 110.6 103.4 97.6 88.3 84.1 83.2 77.3 67.0 64.6 43.9 29.4 31.1 26.6 28.3 22.7 20.4 24.7 20.2 15.7 17.7 16.2 18.5 18.0 14.2 12.8 11.5 10.7 8.7 8.5 5.5 7. 9 10.6 ; 174. 9 8.4 ' 2i0.2 185.7 10.7 179. 7 12.5 7.2 173. 5 9.0 174.5 8.8 166. 7 170.4 7.2 7.2 1fiS.7 8.3 149. 7 5.9 152.9 56.4 ; 64. 0 i 54. 7 ; 54. 7 1 52. 4 i 50. 0 47. 7 . 52. 9 , o2. 4 ; 47.9 i 49. 9 ; 45,9 56. 6 1 51.9i 49. 6 47. 2 47. 1 45. 4 35. 1 36. 8 ; 33. 0 i 36. 7 i 31.5 39. 8 33. 4 30. 4 29. 8 30. 0 28. 3 30. 3 29. 0 27.6 ! 25. 3 ! 41.2 49. 2 45. 7 45. 5 44. 2 47. 5 45. 3 52. 0 50. 5 41.3 41. 1 7. 4 7.0 18.8 ! 18.4 I 54.5 57.2 11.4 13.8 6.8 7.4 7.6 : 135. 5 7.0 131. 0 38.2 i 37.4 38. 3 1 37.8 26.2 ! 24.1 32.5 31.8 j 96.1 \ 62.0 37.2 1 375. 5 233. 1 111.9 ns.9 59.9 30.6 14.2 43.9 ! 592. 8 24.4 358.1 14.6 i 266.5 207.7 123. 1 i 127.0 j 115.7 ; 87.9 : 68. 4 ! 75. 5 i 76. 1 50. 6 i 134.9 86. 1 64. 3 16.7 i 19. 6 i 14.4 ! i 81.5 25.2 281. 7 i 11 SURVEY OF CURRENT BUSINESS April, 1932 Transportation railway transportation situation has been strengthened by developments since the first of the year. Early in January rates were revised under I. C. C. authorization and on February 1, the agreement for a temporary 1-year wage readjustment became effective. The assistance afforded by the Reconstruction Finance Corporation has added another strengthening element to trie situation. Commodity distribution, as measured by freightcar loadings, increased less than usual in February and the adjusted index of the Federal Reserve Board declined 5 per cent below the preceding month. Average daily loadings in February were one-fifth less than a year ago and one-third less than two years ago. Total cars loaded during the month amounted to two and a quarter million as compared with three and a half million in February two years ago. Loadings of merchandise in less-than-carload lots failed to record the seasonal rise usual at this time. Current loadings are 14 per cent less than a year ago and 23 per cent less than two years ago. Loadings of three classes of products, grain, coal and coke, and forest products, were higher in February than in January. Shipments of grain and grain products increased 10 per cent in this period, but were 17 per cent less than a year ago and 22 per cent less than two years ago. Coal and coke loadings, which usually decline seasonally in the first two months of the year, increased slightly, but were still almost onefifth arid one-third Jess than the respective totals for the two preceding years. The rise in loadings of forest products was of a seasonal nature. Declines in carloadings were registered by the livestock, ore, and miscellaneous groups. Seasonal influences accounted for the drop in livestock loadings, but movement of ore and miscellaneous freight reached a new record low. The freight-car surplus decreased in February for the second consecutive month, although the excess continues large. Dividend payments by steam railways in February reflect the widespread cuts and omissions necessitated by the cumulative effects of the decline in traffic. February disbursements were 33 per cent below the same month of 1931 and 38 per cent below the total for Februaiy, 1930. Traffic through the Cape Cod Canal declined seasonally in February, but was in greater volume than during the same month of the past two years. Mississippi River barge traffic also declined seasonally but was well above a year ago. Clearances of American vessels in foreign trade declined slightly, but seasonally in February. However, the tonnage increased about 5 per cent as compared with clearances in the same month of 1931. RAIL AND WATER TRAFFIC Freight-ear loadings £ F.K.B. index : -s I i Year and month Ad- Unadjusted justed (>» * : 3 i Si *! ' ^"e ' w < "" ''Q a. £ •' • IS 3 o w "fl ^ Sw M 3 (^ Si "^ ^ S Monthly avera^e, 1923-1925 = 100 j 1930: February 1931: February M arch April -. Mav June July 99 September October November December 1932: January February M o n t h l y average, J a n u a r y through Febru- 69 ! 3. 508 80 i 74 80 I 75 ' 2 940 76 i 72 ! 69 i 2,834 77 2,986 79 , 3,736 77 ' ! 2,992 78 2,931 70 il 3 747 78 il 2,908 78 .'! 3,813 68 ! 69 ! 70 ' 2.620 61 i 2,273 65 !! 63 58 59 ! 952 i 1930 1931 1932 1 i ! i : TS | j o 1 i ^ i 1« • ' >.'<$ ' s . i 8 C -a aS *- 5 i ? i S ' — •P 7 3 : 2 . 4 , S ; 176 100 « ! ' S« ' Canals i ! 0 0 0 349 599 : 564 i 574 ; 34 000 41 500 33 500 6 645 i 7, 611 ! 8 385 l 385 506 425 742 738 742 . 722 : 34 | 1,246 22 ! 978 12 j 735 417 649 i 732 i i 22 23 29 80 119 139 175 121 102 25 15 124 137 88 76 483 ; 485 ; I 73 ! 77 i i 107 95 82 ! 783 625 i 484 i 210 135 i 75 j ; ! : 12 11 1 ! 616 i 32 500 4,335 i ; 2tUOO i 7^126 ! 587 535 i 36 000 i 6 248 i 505 32,450 i 3.049 i 28,800 ! 293 i 42,500 29,000 0 ! 0 51 750 49 550 35,750 ; '< 0 ! 0 i 0 i I 510 0 0 0 1 " » 1 g^ 1 - j *§ g w fe 0 ~ ££ (3 •*•» gs g % ai. ^ S« on £3 wt* £» ^5 «E« 5RS SP« 25° ^ "° , ^j8" Thous. of net tons 75 1,058 | 1,977 166 163 203 217 203 211 186 198 i 221 210 . 222 70 83 82 100 86 104 104 107 168 864 ! 910 929 937 828 820 »w 884 930 676 774 2, 092 2, 525 2, 241 2, 742 *>. 734 2, 478 2, 420 2, 296 1, 729 178 U>8 131 113 652 638 1, 781 1, 774 l"5 76 73 122 1 128 911 640 j 163 457 564 ; 659 j 751 Mississippi (Govt. owned barges) l'li(>us;mds of short tons 0 i 0 ' 922 ; i i ! ! j ' ! r Cod ! 0 i 138 138 130 165 125 106 138 104 123 87 71 ! : Cape Marie j State ! ; 43, 100 45 500 38 100 584 555 486 611 465 452 617 516 755 507 494 1,303 -- - - - • • ( 40,500 35 Elver i i i ! I Sault ! New 651 i 622 603 i i 747 732 2,270 3,245 ; : i Canal and river traffic 440 i 231 i i ' ' ; ! i ee» \ 995 i 1. 105 : 1,206 ! 1,496 : 1, 192 1,113 1 413 l', 081 1,415 946 753 1 : 88 79 85 106 75 71 106 96 145 104 87 • ; ' « ' ! ; v°,u;^ 710 i 3 I : £ : i 5 j £ ; o 165 153 151 180 140 220 228 149 193 145 112 105 86 1,695 1 773 ' 90 < 3,489 7 4 :i s 2,854 59 j 2,258 n * Daily average basis. ' ; 842 886 899 1. 097 876 830 1 069 841 1,081 806 742 i' ary: £ Thou.s unds of ears - 91 80 • 79 !i 77 * 5 : & r. : i '• 942 835 i 740 ! 1 168 164 131 \ i 2 ; i ! | 0 0 0 1 200 173 Data for May, August, and October are for 5 weeks; other months, 4 weeks. 2 000 1,769 1, 778 12 SURVEY OF CURRENT BUSINESS April, 1932 Construction contracts awarded during FebCONSTRUCTION ruary increased in value over those reported for month. Compared to the figures for February, 1931, declines of 24 per cent in square footage and 64 per cent in value occurred. Decreases from the corresponding period in 1930 were 90 per cent and 71 per cent, respectively. Residential building contracts declined for the fourth consecutive month. In value, they were 11 per cent under January and less than onethird the amount reported in the same period last year as well as the year before. Shipments of maple flooring, which had declined steadily since last June, increased 17 per cent in February, but remained 23 per cent below February a year ago. Oak flooring shipments decreased slightly from January, a continuation of the previous downward trend. Cement production was the lowest in years, falling to 67 per cent of the output during the same month of 1931 and to less than half of the total for February, 1930. An increase of 29 per cent occurred in the volume of new orders for structural steel, but in February a year ago they were two and onehalf times as large and in the same month of 1930, more than four times as great. The Engineering News-Record reported that construction costs, as measured by prices of structural steel shapes, cement, lumber, and the rates paid common labor, declined further during February. January, but the measurable footage again declined. The Federal Reserve Board's unadjusted index, which is based on a 3-month moving average, dropped 8 per cent below January, marking the tenth consecutive monthly decline. According to the F. W. Dodge Corporation's statistics covering 37 States, the Chicago territory showed the greatest activity, with awards valued at over $17,000,000. Public utilities contracts were responsible for more than two-thirds of this amount. Awards in New York City and vicinity aggregated above $11,000,000, and those of the Middle Atlantic States, excluding New York, reached more than $12,500,000. On a daily average basis, the value of contracts awarded during February was 14 per cent higher than in January, mainly the result of an increase in the first two weeks of the month. During the first half of March the average daily value of awards gained 2.9 per cent over that of February. This increase, as well as the one for February, was considerably below the usual seasonal expansion. Despite a decline of 41 per cent in the measurable footage of public works and utility contracts in comparison with January, the value of these contracts was 17 per cent above the amount reported in that BUILDING MATERIALS, CONSTRUCTION, AND REAL ESTATE 1 Building contracts awarded ! Year and month F. R. B. index (3 months moving AO types of average construction of values unadjusted) Residential building Public works and utilities i Maple Oak ! floor- flooring | ing Shipnnents j MilMilThou- MilMonthly Mil- sands Mil- lions of lions of lions of average lions of lions of square of square 1923square dollars dollars dollars feet feet 1925=100 feet 1930: February 1931: February March April May June July _ . . August September October, _ November December 1932: January February. Mothly average, January through February: 1930-1931-. 1932. : Building material prices Building materials | Long-term real estate bonds j Real ConFabristruc- estate marCetion ket accated ment struccost, tivityEng. deeds tural steel Frame Brick News- record- Total house house Rec. ed ProNew duc- orders tion Thousands of Thou- Thou- First of month, monthof feet, board sands of sands ly average 1913-100 measure barrels short tons Monthly average 1926 = 100 To finance new construction Thousands of dollars 89 38.2 317 15.2 74.8 1,772 3, 083 29, 986 8,162 268 178 182 206. 5 74.5 15,290 3, 050 68 82 78 74 68 63 59 52 43 30 28.3 38.0 39.4 38.9 33.7 33.8 30.6 30.1 30.7 20.5 1 <' . 2 235 370 337 306 316 286 233 251 242 151 137 16.6 22.1 22.6 21.9 16.9 15.9 14.1 13.0 15.2 11.0 8.8 77.9 100.9 95.9 88.9 72.7 03.9 60.2 54.6 60. 5 45.3 36. 2 246 522 785 387 1, 117 1, 233 737 353 171 271 280 78.6 i 2, 676 151.7 | 3,017 133.0 3,226 3, 315 108.9 3, 778 140.8 3,447 116.3 3,397 73.0 3,144 85.1 2,703 82.5 2, 481 47.4 1,928 50.3 21,713 26, 243 28, 155 27, 745 23, 131 25, 691 21,464 19, 486 18,203 13, 907 12,976 5, 920 8, 245 11,245 14, 010 14,118 13, 899 13, 549 12, 092 10, 762 8, 161 5,974 159 179 285 152 172 160 i 124 i 194 109 91 98 165 163 157 160 158 155 156 154 156 158 156 171 170 167 167 166 164 163 161 162 163 161 196.6 194.5 191. 6 189.3 187.2 174.4 171.4 171.4 169.8 169.3 166.2 66.7 01. 7 62.0 61.3 58.4 61.1 59.8 60.3 63.2 59.0 64.5 3,590 2,015 7,235 9,485 3,425 775 2,100 66, 785 9, 125 2,619 3, 185 1,500 1,000 1,700 0 1,000 600 565 395 500 725 0 95 23 I9 6 13.3 85 89 6 9 6.1 24.4 300 176 24.1 1,759 28.3 I 2,061 11,673 11,359 5, 026 3,971 48 62 156 157 161 163 162. 5 161.8 1,075 § 240 0 84 63 24 35.6 26.5 12.5 321 232 87 14.5 14.4 6.5 70.7 66. 2 51.9 1,778 320 238 3, 340 2,514 1,910 29,012 20,039 11,516 8,330 6, 258 4,499 254 159 55 178 164 157 182 171 162 207.8 195.6 162.2 19, 327 4,055 538 10, 275 2,175 120 99.0 117.9 86.9 26.2 74.8 66.4 13 SURVEY OF CURRENT BUSINESS April, 1932 Agriculture exports for the current season, from August 1, 1931, through February of this year, aggregated 3,925,000 bales. This was a gain of 1,013,000 bales, or 26 per cent, over the export total for the same period a year ago. A major portion of the increase was caused by larger shipments to the Far East. Italy also took a larger amount while shipments to France and Germany registered a sharp decline. The movement of American cotton into the United Kingdom remained approximately unchanged. Wool production in the United States in 1931 exceeded the 1930 output by 21,994,000 pounds. The total 1931 product of 435,415,000 pounds was composed of 369,315,000 pounds of shorn wool and 66,100,000 pounds of the pulled variety. Tobacco products continue in demand at approximately the level of recent months. The decreasing value of total sales has been due not only to price reductions and smaller consumption, but to a decided trend toward lower priced products. Wheat stocks held on farms in the United States on March 1, 1932, were estimated at 207,323,000 bushels. This is 45,881,000 bushels more than the estimated holdings of a year ago and is substantially above the 1925-1929 average of 124,997,000 bushels. These estimates include wheat held for all purposes including the seeding of spring wheat for which purpose from 23,000,000 to 27,000,000 bushels have been used annually in recent years. The proportion of last year's crop remaining on the farms on March 1 amounts to 23 per cent and represents the largest proportion for any year since 1921. The 10-year average from 1920 to 1929, inclusive, was 17 per cent. On March 9, the Federal Farm Board announced that it had authorized the Grain Stabilization Board to make available 40,000,000 bushels of wheat to the American Red Cross, or other organizations it might designate, for food and feed relief. The first call was for 5,000,000 bushels and was made immediately. Stocks of corn have been increased by the comparatively mild weather in most of the major producing States, combined with a low level of prices. On March 1 estimated farm stocks were placed at 1,103,691,000 bushels compared with 703,529,000 bushels held on the same date a year ago. However, last year's stocks were abnormally low due to a small crop in 1930. The 5-year average, 1925-1929, for March 1, was 1,051,029,000 bushels. The portion of last year's crop held on March 1 amounted to 43 per cent compared with 34 per cent held a year ago and a 5-year average of 39 per cent. Farm holdings of trie 1931 potato crop amounted to 112,000,000 bushels on March 1. This represents about one-third of the entire crop but all of this remainder is not available for sale since this includes seed for the current year and a quantity to be consumed as food by families on farms. It is, however, substantially above the holdings of March 1, 1931, when a total of 82,000,000 bushels, or 27 per cent of the 1930 crop, was still on the farms. INDEXES OF AGRICULTURAL MARKETING AND STOCKS Indexes of marketing Animal products Year and month Indexes of stocks , end of month Crops | Combined index Wool Livestock Poultry Dairy and eggs products Fish Combined index Grains Vegetables Fruits Cotton Wheat, visible Meats, Cotton, supply, cold- United United storage States States Monthly average, 1923-1925=100 1930: February 1931: February March. April _ May June..July August— September October _. November December 1932: January February M o n t h l y average, January through February: 1930.... 1931 1932 83.8 37.8 80.5 85.2 86.6 155.3 62.3 81.0 93.1 54.9 40.6 273.1 113.5 177.2 85.5 94.0 101.2 106.7 118.0 105.2 94.3 91.5 96.6 97.5 97.2 50.8 61.9 78.2 197.1 405. 4 573:2 259.6 125.1 49.5 46.5 40.3 79.8 79.6 82.6 80.2 77.9 72.6 82.5 88. 3 104.2 96. 2 89.9 94.0 121.8 137.0 125.6 115.6 88.6 88.0 116.2 169.4 174.3 138.5 144.5 161.2 189.3 66.8 64.4 53.1 62.0 55.2 103.0 83.9 119.3 219.2 158.5 96.4 84.6 80.0 63.9 69.0 68.6 182.9 130.0 79.8 84.0 65.9 41.7 91.1 104.3 93.3 135.6 165.8 103.4 64.1 103.2 131.9 79.1 70.5 68.1 75.1 70.6 102.2 88.8 139.3 154.6 129. 2 191.1 96. 8 62.9 45.1 38.6 29.8 28.3 9.1 22.6 29.2 136.6 91.3 102.9 113.1 130.9 156.6 123.6 96.3 90.5 92.6 94.9 99.7 343.7 352.7 339.8 336.4 324.7 370.4 413.5 407.7 393.4 391.9 375. 5 114.0 111.8 114.8 110.8 105.8 98.7 83.3 66.6 52.8 54.6 76.8 235.8 216.4 196.9 179.5 162.3 146.8 140.1 188.1 281.0 322.8 320.7 91.5 87.3 37.1 38.7 89.3 79.3 77.8 78.4 103.2 103.6 88.7 in. 4 i 88.6 73.6 46.0 62.5 82.3 86.1 67. 7 74.5 133. 1 80.3 360.8 357.9 91.4 107.1 310.4 £96.4 89.3 90.1 89.4 43.4 38.1 37.9 89. 4 88. 0 84. 3 86. 9 94. 5 78. 1 89.3 93.9 103.4 145.0 109.8 101. 6 | 69.0 70.6 81.1 80.2 82.8 54.3 90.9 94.6 84.2 54.0 69.2 71.1 58.1 54.6 106.7 280.4 339.8 359.4 107.4 102.0 99.3 184.8 245.0 303.4 88. 4 75.4 117. 2 1< 0. 1 140.5 117.2 79.7 152. 1 366. 7 274. 9 159.6 14 SURVEY OF CURRENT BUSINESS April, 1932 Iron and Steel Industry ALTHOUGH iron and steel production decreased for •^~Mhe short month of February and continued below seasonal expectations, average daily output was greater than that of the previous month. The Federal Reserve Board's adjusted index of general operations decreased 4.7 per cent, whereas in 1931 a gain of 14 per cent was reported for the period. The unadjusted index of pay rolls showed an increase of 2.5 per cent over the January figure; the adjusted index of employment, however, declined to the lowest point reported for the depression. Steel operations increased from 27 to 28 per cent of capacity, as against 49 per cent a year ago and 84 per cent in the similar period of 1930. Figures for the first three weeks in March indicate no improvement over the month of February. The sluggish tone in the industry is attributed in part to delays in steel purchases on the part of one of the leading producers in the low-priced automotive field which have served to slow up orders of other automobile manufacturers as well. Unfilled orders on the books of the United States Steel Corporation at the end of February showed a loss for the eleventh consecutive month, dropping 3.9 percent from the January record to the lowest point in the history of the corporation. Pig-iron production approached that reported for January. Total output, however, was little more than half the amount produced in February last year, and one-third the production in the same month of 1930. Production of steel ingots almost equaled the January level, but was only 58 per cent of the total for February a year ago. Imports of manganese ore fell off sharply to approximately one-sixth the amount imported during January. Little change was reported for the month in iron and steel exports, which continued exceeding}} low, having declined 56 per cent from shipments a year ago and 80 per cent from those in the same period of 1930. New orders and shipments of fabricated structural steel showed increases of 29 per cent and 19 per cent, respectively, as compared to the previous month. They remained well under the volume reported for any month of 1931, however, with new orders 23 per cent, arid shipments 28 per cent, of the amounts recorded in February, 1930. The trend in prices continued downward during the month. Structural steel beams alone made a slight advance of 1.3 per cent; composite finished steel was firm; while the iron and steel composite, as well as the price for Bessemer steel billets, made further declines to new lows. Quotations on March 1 for heavy melting steel scrap fell off to $8.25 per ton. IRON AND STEEL STATISTICS General operations s?e?l d i ! i !, ' i Bate of Produc-! »{?"- «•»- \ Pigiron P™: i; i Fabricated !' ! Steel ingots I structural \ij steel United !l insf'pci^ ! vt»n— 1 tion pay 'iimtfd' 1 S ' : ' ; 1| i Th<,usan<ls o f l o n g tons j ^ ccnt ' 1930: February,..! 1931: February March April May, June Jlllv August . September. . October j November ' December, _ January..- _ February. . Monthly average, January through February: ' Steel Man?a" Corpo- imports ! Steel billets, Iron and Struc1 Shi ; ™J>™h (Manganese Bessesteel tural content) nier iconipos- steel |; ^ ^ ^ n,ents end of i ( Pittsite beams iiv 111011.111 burgh) il Per !| S j ! Monthly average, 1923-1,2.^100 \ 1930. 1931 1932 iTVT-»«,r-. Prices «°»' i «*^ ±s Eft i *- "»- "o« ! IS" SS? 'S ' p- "™™ (&-B -™ ! ™" ««•*; ! P»t ,»«H ! Year and month 1932: StateS i \\ ii 118 ' i 73; 75 : 70 66 i 60; 58 ' 50: 45 !^ 45 51 i 42 143.0 92 8 % 1 116.5 119 1 108.1 106.8 86. b 83 1 SO SH "6 3 "70 "0 0 75') 7n *> h "i 4 S 2 ». 2 i 03 (.74 *>o 2 T 3 >V> l >>7. 5 1 "L TO 0 11 ) ')').! J01 f>4 /J M '7s 7i> 24 M 0 ') 7', '^2 70 13 ) ,>'» it 2 M) V 0 "< n»7 43 41 77.0 78.2 '-4 0 U2.4 i 3 '$7.2 113 72 [ 42: J43. 1 110.0 77.9 1W. 2 7(1,7! H3. 2 IM. :J ; o5. 0 : 3 H 8 . lI 35 ! ' 22 U tl 3 ) 31 8 2 > 3 } s U 40 2,*39 , 4,035 II 1,707 2,502 2,032 2,991 2 (L'O 2,722 1 S-4 2, ."06 1 , > 3 < ) 2,076 1,463 1,886 1 2M 1.710 1,169 1 , 5 4 8 ] 1.173 1,592 1,103 j 1,594 ( »SO 1,302 1 \) 973 S04 t.» „>:> .< 1 h.°3 1.7il ( ,G'' 1.4M 1,460 1 T i! 84 i SoffS tons 268 49 rt 19 15 s 159 179 2S5 j ; r ,2 1 172 3* ](,(» 31 ' 124 28 J94 2*. 109 30 91 21 98 i ! ! Thousa^. of long tonb 280 ;; 4,480 : ' 160:: 3,965 149 : 3,995 159 : 3,898 115 :; 3,620 159! 3,479 Ihl i: 3,405 UJS !: 3,169 149 P 3,145 144 !; • 3,119 112 2,934 123 i.;; 2,735 27 >S 18 ! 62 1 66 ! 78 i : ' 3,907 77 2.4V0' 1> 1 , 4 ( 1 28 254 , H9 55 255 |. 162! 72 ! i 4 2,648 '»,546 Dolls, per long ton 1 ; \ 211 i 92 1 411 • i ' , !• 4,475 i 4,049 2,597 Dolls, per 100 pounds 22 33.00 35.24 1.80 I ' 10 30.00 | 30.00 30. 00 29. 50 29.00 29.00 29.00 29.00 29.00 29. 00 28. 80 | 31.65 31.66 31.61 31.39 31.02 31. 05 31. 05 31.03 30,81 30. 61 30. 32 1.65 1. 65 1.65 1.65 1. 65 1. 65 1. 60 1.60 1. 60 1. 60 1. 60 27 75 27.06 29. 98 29.56 1. 51 1. 53 33.50 35. 44 31. 68 29.77 1. 85 1.64 , 1.52 33 21 37 38 22 27 21 9 S ! | ' j i 17 i 3 II : - Composite finished steel 31 i 14 30 30. 00 27.38 ij ! i i : ; ; i 2.43 2.22 2. 23 2.22 2.21 2. 19 2. 20 2. 19 2.20 2. 18 2. 18 2. 16 2. 11 2. 11 2. 45 2.22 2. 11 15 SURVEY OF CURRENT BUSINESS April, 1932 Chemical Industries operations in the chemical inM ANUFACTURING dustry in February, as measured by electrical energy consumption, increased slightly, but less than usual at this season. The present rate of energy consumption is 6 per cent less than in February a year ago but only 2 per cent less than two years ago. Employment in the chemical industry declined to a new low point in February, while pay rolls recovered slightly after the severe decline registered in January. The current rate of employment represents a decline of 15 per cent from this time a year ago and 26 percent from February, 1930. Pay rolls have declined to a greater extent as part-time employment has spread and some wage readjustments have taken place. Pay rolls in the first two months of this year have been about one-fourth less than in this period a year ago. Stocks of manufactured chemicals and oils increased slightly, but seasonally, in February over the revised estimate for January, and reached a record high point. This was 15 per cent higher than in the same month last year, but only 8 per cent greater than in February, 1930. Stocks of raw materials, unlike those of the manufactured products, declined by considerably more than the usual seasonal amount in February. Raw material stocks in the first two months of this year have averaged only 5 per cent above stocks in this period last year. Ethyl alcohol production declined somewhat less than seasonally in January. Output in this month was 11 per cent greater than in January, 1931, and 21 per cent larger than in the same month two years ago. Crude me than ol production increased 11 per cent in February as compared with January, although there is usually a slight seasonal decline at this time. Production of synthetic methanol, however, declined seasonally in this period. The present rate of production of the crude product is only half of the rate of output a year ago, while the output of synthetic methanol is 18 per cent less than in February of last year. Consumption of fertilizer showed a seasonal rise in February, but remained at a rather low level. There has been a decline in consumption of 40 per cent from February a year ago and a drop of 64 per cent from the same month in 1930. Imports of potash salts increased exceptionally in February due almost entirely to the receipt of large shipments of manure salts. Receipts were slightly greater than in February, 1931, but only about a third of imports in the same month two years ago. Imports of nitrate of soda declined sharply to a record low point in February. Domestic production of atmospheric nitrogen and synthetic nitrate of soda have increased to such a point that some quantities of the latter product are now being exported. CHEMICALS STATISTICS General operations Employment F. R. B. Indexes Year and month Pay Ad- Unad- rolls, justed justed unadjusted Ethyl Exploalcohol j sives { Stocks Ferti- Potash Nitrate lizer salts of soda . Manu- ; Raw fac- tured magoods terials Thous. j Thous. of gals. | oi'lbs. \ n»rr ej d 110.2 139.7 110.9 JO, 943 | 33,244 ' 39,615 7, 478 94.5 89.8 91.7 93.0 89.6 89.4 86.6 85.7 85. 4 83.1 81.9 95.6 93.3 96.7 91.4 86.7 86.2 84.4 86.0 85.7 83.5 82.0 92.9 89.8 92.0 88.4 84.1 82.9 80.4 80.8 80.8 ! 76.4 ! 75.0 i 130.7 132.0 129.0 129. 3 124.1 119.2 117.4 120.4 127.0 131.9 126. 9 103.2 96.5 91.5 88.4 87.9 86.7 85.3 99.5 120.7 133. 9 ] 24. 6 8, 859 11,929 11,162 13,120 13,111 11,975 12,363 12,952 16,037 14,084 14,002 28, 751 25,414 i 27,647 • 26,960 25,981 25,068 ' 24,548 26,598 25,282 24,509 18,595 32, 332 33,544 35,585 33,593 34,747 28,495 17,074 25,058 26,102 21,440 23,242 5, 634 5,740 6, 344 5,996 5, 675 4,370 2,607 3,797 3,922 3,547 3,733 81.9 80.2 81.7 81.1 71.4 ! 72.1 148.0 150. 7 115.9 106.4 J3.224 $8, 175 23, 196 20, OOG 138.2 129.8 149.4 1 14. 7 1 05. 5 111.2 11,272 I 10,364 i 32,615 27,798 40,285 28,410 21, 601 110.4 95.9 81.4 109.7 91.7 71.8 : Thous. of short tons 109.0 110.0 ; ) Consumption Imports Thous. Short of short tons tons Long tons Production Monthly average, 1923-1925 = 100 1930: February .. 1931: February March.-. ._ ._ . _ April May . June July August--. .. September October _ _. . NTovember.. .-. _. December 1932: January February Monthly average, January through February : 1930 .-_ -1931 i 1932 ... ... j Rosin, wood 1 i ! i j : : ! i 1 i ! i ! 362 j 3, 977 i 808 1,017 106, 200 85,837 606 1, 352 1,132 195 74 25 40 91 94 66 67 33, 822 60, 394 30, 206 17,706 14, 650 67, 958 65, 043 66, 440 50, 071 12,872 11,998 68, 421 120, 164 67,008 34, 006 29, 711 18, 809 35, 367 48,590 33, 968 29, 871 17,029 857 841 172 365 12,245 35, 729 34, 137 8,404 775 1,490 899 771 475 269 95, 694 37, 743 23, 987 87, 629 57, 156 21, 271 249 ! 226 | 195 1 162 | 146 i 143 ! 162 | 142 ! 141 i 143 ; 188 2, 898 1, 409 3,256 1,506 3, 146 964 3,126 1,044 2, 715 ; 1, 024 2,569 997 2,443 1,238 2,310 1,252 2,389 1,180 2,276 1,126 2,234 1,172 3, 626 3,121 187 2, 101 1,996 7,494 5,196 I 3, 374 411 271 4,072 2,995 2 049 ! ! 1 ' ! i ! ' 16 SURVEY OF CURRENT BUSINESS April, 1932 Automobiles and Rubber production declined throughout AJTOMOBILE February except for a slight gain experienced during the second week. Although the actual total of units produced showed only a small loss, the seasonally adjusted production index of the Federal Reserve Board declined 25 per cent. The reduction in output was confined entirely to passenger vehicles, with truck production advancing 13 per cent. Exports ran contrary to production trends with foreign passenger-car shipments gaining 10 per cent and trucks declining 16 per cent. The Federal Reserve Board index of employment in the automobile industry during February stood at 64.7 per cent of the 1923 to 1925 average when adjusted for seasonal factors. This compares with 67.1 for January and 68.8 for February, 1931. The unadjusted pa3^-roll index for February indicated a gain in actual wages paid of 9 per cent. Crude rubber imports into the United States during February continued the decline of the preceding month and the total tonnage was less than the receipts for any month in 1931. February domestic consumption of crude rubber was moderately higher than the amount consumed in February of last year and marked the first monthly gain over the same month of the previous year since last July. Reclaimed consump- tion, however, showed a greater decrease than the increase in crude consumption. The use of reclaimed rubber is steadily declining, whereas, usually at this period of the year it is at its peak. Continued high production of crude rubber has forced the price to successive new low levels, permitting the replacement of reclaimed by crude where earlier this move would not have been practical. Since last November rubber growers and the governments most interested in crude rubber production have been endeavoring to formulate a plan for crop curtailment and restriction. On March 19 the British and Dutch Governments announced that the participants had found it impossible to devise an acceptable plan and that the conferences were ended. Employment in the tire industry experienced a small gain for February, continuing the series of fractional advances registered since last November. The employment index of the Department of Labor has moved steadily upward but the entire gain from November to February amounted to only 2 per cent. Pay rolls have made a better showing with the index advancing in the same period from 43.5 to 51.4. Employment in the rubber boot and shoe industry declined 5.5 per cent in February while pay rolls showed a contraction of 8 per cent. AUTOMOBILE AND RUBBER STATISTICS 1 Automobile production Automobile accesBy sories wholeBy shipconTotal PassenTrucks ments sale ger cars prodeal- sum- United States Year and month F.R.B. index, adjusted Total Monthly averages, 19231925= 100 1930: February 1931: February . March - .. April May June -. July. August September _ October ._ .. November December 1932: January February Monthly average, January through February: 1930 1931 1932 Passenger cars Automobile financing Automobile i exports i Pneumatic i Crude rubber tires Canada Taxi- Trucks cabs duction ers ers DoProduc- mestic shiption ments World Im- stocks* ports end of month Thousands Long tons ! Thousands | January, ! 1925= | 100 Number 102 330 279 851 50, 398 68 67 78 65 60 : 52 40 ! 26 36 66 220 276 337 317 251 218 187 141 80 69 122 180 231 286 271 210 184 155 109 58 48 97 529 410 665 340 360 180 104 141 651 999 1,144 39, 521 45, 161 50, 022 45, 688 40, 244 34,317 31,772 31, 338 21, 727 19, 683 23, 644 45 34 119 117 99 94 97 25 20, 541 23,303 100 66 40 302 196 118 256 159 96 909 521 61 M illions of dollars 15,548 18, 732 6,750 66 61 86 3,645 3,150 42, 998 366,004 9, 871 12, 993 17, 159 12,738 6, 835 4, 220 4, 544 2, 646 1,440 1, 247 2, 432 9,187 11,526 11,228 8,468 5, 843 6,478 5, 699 4,577 3,207 1,928 5, 753 4,187 6,002 5,499 4,498 4,340 3, 518 2,356 4, 171 4.500 1. 184 3, 333 53 65 66 61 61 57 66 66 80 73 66 50 63 71 73 58 49 44 36 26 16 29 66 92 113 109 105 96 80 68 61 49 50 3,188 3,730 3,955 4,543 4,538 3,941 3,125 2,538 2,379 2,001 2,115 2,580 3,143 3,804 4,197 4,320 4,244 3,845 3,034 2,185 2,223 2,171 34, 374 40, 788 44, 908 35, 844 46, 939 44, 052 39, 033 38, 933 41,398 45, 103 53,818 471, 285 487,716 487, 696. 497, 707 496, 238, 509, 139 511,754 519, 846 539, 907 566, 429 586, 072 3, 731 5,477 4,474 4,930 2, 515 I 2,113 57 35 33 45 45 2,770 2, 545 33, 552 28, 298 611,827 616, 722 44, 902 , 12, 968 36, 526 i 8, 184 21,921 i 4,604 : 17,013 8,888 4,702 9,813 4,415 2,314 73 50 79 64 3, 617 3,064 1 3,249 1 45,451 2,718 35, 486 30, 925 355, 574 465, 882 614, 275 ! i ! i I 1 i i i ; ! j 45 34 45 17 SURVEY OF CURRENT BUSINESS April, 1932 Textile Industry T7URTHER general improvement was shown in A many branches of the textile industry in February, although the seasonally adjusted production index declined. Stocks of goods were reduced, prices were generally steadier or slightly higher, pay-roll disbursements were larger, and employment increased 4 percent. Consumption of raw cotton averaged 18,200 running bales per working day in February, 6 per cent more than in January, compared with a usual seasonal increase of about 4 per cent. Output of 300 classifications or constructions of carded cotton cloths again increased sharply, and in February totaled 61,086,000 yards per week, 5 per cent more than the weekly output of the preceding month. While sales of these cloths were about one-fourth less than in January, they were slightly in excess of the large February production. Stocks of carded cotton cloths were smaller at the end of February than at any time for which comparable data are available by reason of the fact that shipments have continued to exceed production. Unfilled orders at the end of February were equivalent to slightly more than six weeks7 output at the February rate of production. A sharp increase was shown in spindle activity from January to February, 5.7 per cent, and in the latter month operations were at 93 per cent of capacity on a single-shift basis. Wholesale prices of cotton goods were steady and averaged 1 per cent higher than in January, the first advance of any sort since November, 1930, and the largest monthly rise in nearly three years. Boston wool receipts were 28 per cent smaller in February than in January and about one-third smaller than in the same month a year ago. Activity of woolen spindles was 11 per cent higher than in January, bat worsted spindle activity was 4 per cent smaller. As compared with a year ago activity in February was 12 per cent and 6 per cent lower, respectively. From January to February there was a slight decline in prices of territory fine staple wool at Boston, the first change in several months. Wholesale prices of woolen and worsted goods declined less than from December to January, however. As compared with the same month a year ago, wholesale prices of woolen and worsted goods in February, 1932, were 14 per cent lower. Deliveries of raw silk to American mills were 22 per cent smaller in February than in the preceding month, and 15 per cent less than in February, 1931. Wholesale prices of silk and rayon again fell 3 per cent in February as compared with the preceding month, and reached a level 63 per cent lower than the average for 1926. 1930: February . 1931: February - __ March April... May June _ July August September _ - _ _ - _ . _ _ _ October November December .. 1932: January February _ __ Monthly average, January through February: 1930 1931 1932 1 Bales MilThou- lions of sands of spindle bales hours Monthly av- Thou- Dolerage, sands of lars per 19111913= pounds pound 100 Thousands of yards Worsted Spinning spindles Woolen Si Price, territory fine, staple, scoured (Boston) I ft* Receipts, at Boston, total a Wool manufactures Wool Wholesale price, Faircllild composite I3 Unfilled orders, end of month fg Cotton textiles (23 groups of textile constructions) Stocks, end of month +? Production i Stocks, mills and warehouses, end of month Cotton manufactures Per cent of active hours to total reported Silk ; Silk and rayon Wholesale price Monthly average, 19231925^ 100 Mill consumption Year and month Production F. R. index, adjusted Cotton, raw Deliveries to mills B. TEXTILE STATISTICS Bales Monthly average, 1926= 100 100 494, 396 6,664 266, 849 274, 543 445, 125 360, 889 150 12, 166 0.79 61 59 49, 852 74.2 95 97 96 97 96 100 99 100 93 89 88 433, 376 490, 509 508, 691 465, 363 453, 901 450, 884 425, 819 463, 704 462, 025 428, 870 415, 517 8,864 8,136 7,404 6,748 6,102 5, 520 5,266 7,072 10, 566 12, 137 12, 056 6, 122 212, 168 7,000 271, 638 7,125 225, 955 6,733 225, 392 6,630 260, 163 6,528 192, 545 6,193 209, 050 6,540 272, 118 6,595 227, 116 6,014 231, 446 5,951 254, 692 248, 354 317, 185 217, 582 205, 603 273, 871 211,331 227, 644 278, 049 216, 207 213, 889 237, 834 319, 328 273, 781 282, 154 301, 943 288, 235 269, 449 250, 855 244, 924 255, 833 273, 390 290, 248 395, 802 373, 951 294, 118 248, 544 330, 575 277, 597 217, 508 227, 167 344, 639 354, 957 322, 039 119 121 119 115 112 111 100 95 91 87 85 13, 269 13, 279 17, 775 30, 341 56, 743 79, 381 36, 850 18, 707 9,628 7,026 7,577 .66 .66 .65 .63 .62 .62 .63 .62 .58 .58 .58 66 57 55 60 61 64 66 63 53 46 39 54 54, 242 57 55, 383 57 i 41,356 66 45, 073 73 42, 161 83 ; 44, 746 78 ' 46,454 70 53, 819 49 56, 668 51 50, 645 49 48, 432 47.0 45.8 43. 4 41.4 41. 943.8 43.7 43. 5 41.7 41.8 39. a 89 87 435, 337 450, 018 11, 669 11, 144 6,214 6,567 232, 707 244, 342 268, 899 258, 744 254, 056 239, 654 391, 150 377,988. 85 86 11,235 8, 127 .58 .57 52 58 53 51 58, 793 45, 909 37. 7 36.5 102 91 88 535, 278 441, 747 442, 678 6,947 9,211 11,407 7,632 6,244 6,390 295, 068 207, 159 238, 525 303, 012 279, 476 263, 822 448, 972 337, 421 246, 855 376, 230 356, 634 384, 569 151 120 86 13, 997 12, 032 9, 681 .80 .67 .58 62 57 57 53 52 53, 768 55, 076 52, 351 74.7 48.0 37.1 Months do not contain same number of weeks. 109570—32 3 7,087 18 SURVEY OF CURRENT BUSINESS April, 1932 Food Industries vegetable consumption has been mainCANNED tained at a fairly constant level throughout the heifers available, but the aggregate supplies were 10 per cent greater than during February oi last year. There was a curtailed demand for stockers and feeders throughout January and February. Shipments of cattle for feeding and grazing purposes from 12 markets into the Corn Belt States were also in a small volume. The total for the first two months of the year was approximately 50 per cent below a year ago and was the smallest movement for these months experienced in the past 12 years. Butter in cold storage in the United States on March 1 totaled 15,100,000 pounds, which is slighly less than half the total holdings of a year ago. The amount held on this date for the past five years has averaged 22,300,000 pounds. Dressed poultry receipts at four major markets for the month of February amounted to 19,600,000 pounds compared with 24,700,000 pounds received during the same month last year and a 5year average of 24,700,000 pounds. Salable chicks hatched during January showed a moderate increase over last year despite a slight decrease in orders for later delivery. Case eggs held in cold storage on March 1 amounted to 265,000 cases compared with 408,000 held a year ago. winter, despite increasing competition from fresh products. Abnormally mild weather has permitted heavy shipments of fresh vegetables to continue through the usually restricted periods. February shipments of canned goods gained substantially over January and an even further increase took place in early March. Citrus fruit crops were not as large this season as a year ago, but the consumer demand was good and forwardings have been comparatively heavy. This movement is not accurately reflected in rail-traffic statistics, since there has been a decided increase in motor-truck shipments from Florida and Texas. Extremely cold weather in early March brought injury to many prematurely advanced food crops, particularly in the Southern States. Hardy truck crops were not affected to the same degree as the fruit and tender truck crops and received a compensating advancement in the extreme South by good rainfall. Supplies of lower grade steers at Chicago during February reached an unusually high level. This was partially offset by the small number of cows and Isv* li£5 W cu2 « 35 wS« Monthly average, 1923-1925-100 1930: February _ 1931: February March April May . June July August September. O ctober November December 1932: January February Monthly average, January through February: 1930 1931 1932 . Si *o A £ iS ?1\ ~§ "5 TJ2 & So& ; Wheat 1 V ~£« « ft^d Corn ! ,S^ >£ «"* -0 ^X 0.5-2 > * »s *2 5-11 1* ^ ! B% *2 as siJ £•3* !! 2* 1 n *y? .2pg j 9 1 > -gfc-a fit ^ 2« *s i! 1! *! 3a 3a «! >— KV V -I t«M > ^. 1 M s*» "3 $ X ft< | W 1 Animal products *S 1 9i $ I a _ 53 3 g»a« t $ n Millions of bushels J3 3 i O 96.7 95.8 62.3 83.8 92 87 95 89 83 87 88 93 92 91 98 90.3 89.9 90.6 90.8 88.7 88.1 88.1 87.5 85.5 85.9 86.3 78.0 77.6 76.3 73.8 73.3 74.0 74.6 73.7 73.3 71.0 69.1 66.8 64.4 53.1 62.0 55.2 103.0 83.9 119.3 219.2 158.5 96.4 85.5 ! 94.0 ! 101.2 106.7 118.0 105.2 94.3 91.5 98.6 97.5 97.2 94 96 85.3 83.7 64.7 62.5 88.6 79.4 91.5 87.3 96 93 95 97.1 90.7 84.5 96.5 79.3 63.6 69.0 70.5 84.0 ^3 3 i-Q o i ft 94 Milli<3I1S Of bus hels ft i "o 0 0 Monthly j average, ! 1923-1925-100 |; 1 |s all H ! Thou sands j i ' Cl'rt o3 sa ^ Coffee imports Year and month 1 A 1 Total raw sugar imports F. E. B. Crop marketings Food products industry Animal products, marketings FOODSTUFFS STATISTICS | | tw tad j! E-1 la |J £ 20 160 9 30 24 .82 ; 1,326 3,781 1,088 307 1,229 31 31 21 31 30 104 61 39 33 26 14 202 207 200 198 191 218 243 239 231 230 221 4 5 7 10 12 17 12 12 15 13 12 .71 .71 .75 .76 . 67 . 47 .51 i .56 21 19 17 11 13 16 11 .61 .60 .58 .56 .58 .57 !69 ! .60 ! 14 12 11 20 22 20 12 8 9 8 6 7 10 13 .42 : .38 .43 .37 1,303 1,535 1,617 1,551 1,540 1,488 1,821 1,797 2,137 1,866 1, 453 3,704 3,207 3,067 2,938 2,854 2,511 2,454 2,727 3,462 3,752 4,210 1,092 1,072 1,100 1,062 1,014 946 798 638 506 523 736 364 515 415 313 382 473 532 330 269 189 218 1,289 1,407 1,126 1,415 1,037 1,100 884 794 907 936 1,203 17 25 212 210 8 8 .61 .59 10 14 15 19 .37 ! .U 1, 376 1, 281 4,218 3,659 876 1,026 289 437 1,220 1,149 19 30 21 163 200 211 12 5 8 1.19 1 31 20 12 20 19 17 .84 .63 .36 1, 483 1, 406 1, 327 4,251 4,178 3,939 1,030 1,026 951 288 284 363 1,133 1,192 1,185 i ! ! ! ! ! ; j ! 1.16 ! | j ! .46 ; 1 89.3 90.1 I 89.4 1 .71 : . 60 , SURVEY OF CURRENT BUSINESS April, 1932 19 Forest Products ROGRESS has been made recently by the lumber Pindustry in meeting the adverse conditions brought about by reduced consumption. Production has been brought more into balance with orders and the increase in stocks checked. Reports from 600 large mills indicate that production in the first 10 weeks of this year was only 20 per cent of capacity, but in this period orders have exceeded production by 46 per cent, while sawmill stocks had been reduced by March 12 to a point 17 per cent below a year ago. Production of softwoods in the first 10 weeks of the year was off 47 per cent as compared with a year ago, while hardwood production declined 49 per cent in the same period. Softwood shipments declined 65 per cent and hardwood 75 per cent as compared with a year ago. Lumber imports in January were 37 per cent less in value than a year ago, while exports in this month were only 20 per cent less. The decline in exports has been chiefly in southern pine, and to a lesser extent in hardwoods. Foreign shipments of Douglas fir increased 17 per cent as compared with January last year. Lumber production in February, as indicated by the adjusted index of the Federal Reserve Board, reached a new low point, having declined 15 per cent from the previous month. The present rate of production is only a little over half of the rate prevailing a year ago and one-third of the rate in February, 1930. Employment declined slightly in February as compared with the previous month and reached a new low point. The present situation represents a decline of 23 per cent and 44 per cent, respectively, as compared with employment in February one and two years ago. Pay rolls in the lumber and lumber products industry also declined to a new low level in February, the usual seasonal increase having failed to appear. Pay rolls in the first two months of the year were 41 per cent less than last year, and were only about one-quarter of the 1923-1925 average. The southern pine industry has shown some increase in activity since the low point reached in December. New and unfilled orders have been increasing, while production has increased, but at a much slower rate. However, operations in February were still at a low level as compared with previous years, production being 42 per cent less than a year ago and 64 per cent less than two years ago, with new orders off 30 and 52 per cent, respectively, from the same periods. FOREST PRODUCTS STATISTICS General operations | Year and month Southern pine ™S™tai i Lum| ber EmproPay Total ploy- roll, ducforest Naval i tion ment, unadstores ad- justed prodad- justed ucts justed F.B.B. Production 1930: February 1931: February J! March . April Miy :'< June July August.. September > October November December 1932: i January,. _ February Monthly average January j through February: i 1930 1931 _ . . 1932 Douglas fir 1 Hardwoods Un- ! Pro- New UnNew filled filled ducorders orders ) tion orders orders Monthly average 1923-1925=100 i 1 ! i Production ij 78 77.4 72.6 65.9 27.0 245 246 203 276 255 290 255 244 635 190 44, 637 44 48 47 48 47 42 38 36 33 27 27 56.3 55.7 55.4 55.4 54.4 52.0 51.1 49.4 48.4 47.4 45.4 45.6 46.2 44.9 45.7 44.6 41.7 41.3 ! 40.3 25.5 39.7 98.3 136.5 189.9 186.7 141.5 111.9 114.0 97.2 90.4 154 165 165 148 127 122 120 117 117 111 78 171 174 169 158 140 147 151 138 135 111 73 107 121 104 84 83 83 83 74 58 62 51 179 186 202 207 200 149 172 155 150 116 103 189 217 224 189 191 181 188 159 151 136 115 182 197 216 136 163 166 111 125 81 105 86 158 165 146 146 143 109 101 105 105 105 86 188 173 154 158 176 139 131 131 131 131 105 481 473 463 431 419 402 375 387 374 370 367 138 138 130 165 125 106 138 104 123 87 71 34, 160 29, 798 28, 248 19, 338 56, 865 47, 997 34.4 31.2 i 54.4 59.3 63.6 66.7 67.2 64.6 64.3 67.5 63.1 56.7 53.3 27 23 43.9 43.3 26.6 35.9 | 49.5 50.5 26.1 24.1 80 89 106 119 61 74 99 116 126 112 114 111 68 120 356 73 77 76 46 25 78.5 56.3 43.6 72.7 44.8 26.3 64.9 54.5 50.0 37.5 31.3 25.1 248 160 85 250 181 113 196 112 i 68 238 170 108 249 191 119 292 183 113 253 222 179 625 469 211 135 75 38.2 ; Data for May, August, October and December contain 5 weeks; other months, 4 weeks. Thou- Dollars sands of per cars firm Millions of feet, board measure ; i 1 Furniture, Carunload- filled ings, orders, forest Un- prod- southNew filled orders orders ucts eastern district 151 i 47,706 42, 180 22,100 16, 286 14, 469 56, 660 32, 971 20 SUKVEY OF CURRENT BUSINESS April, 1932 SECURITY MOVEMENTS—NEW YORK STOCK EXCHANGE l All listed bonds Par value YEAR AND MONTH Total market Average price value Millions of dollars 1926 Foreign issues Domestic issues Dollars p £?. Total Average price ™ Millions of dollars Par value Total Number Market market Average of price value value shares Millions of dollars Dollars All listed stocks Millions Millions of dollars Dollars 37, 037 37, 994 37, 440 37, 544 37, 583 37, 555 37, 576 37, 613 37, 660 37, 743 37, 795 37,900 35, 755 36, 837 36, 053 36, 560 36, 591 36, 558 36, 488 36, 510 36, 510 36, 718 36, 898 37, 168 96.53 ' 96. 95 96.29 97.37 97. 36 97.34 97. 11 97.07 96.94 97.28 97.62 98.06 32, 705 33, 657 33, 054 33, 070 33, 087 33, 054 33, 047 32, 995 33, 001 32, 991 33, 006 33, 052 32, 024 33, 014 32, 316 32, 692 32, 669 32, 617 32, 551 32, 466 32, 413 32, 530 32, 663 32, 863 97.91 98.08 97.76 98.85 98.73 98.67 98.49 98.39 98.21 98.60 98.96 99.42 4,332 4,336 4,385 4, 474 4, 497 4,501 4, 529 4, 618 4, 659 4, 753 4, 789 4, 849 3,731 3, 822 3,737 3, 868 3,923 3,941 3, 938 4,045 4,097 4,188 4, 235 4,305 86.12 88.15 85.19 86.45 87.24 87.55 86.94 87.59 87. 92 88.12 88.42 88.78 503 513 520 529 541 543 548 552 556 561 565 586 35, 179 34, 534 32, 271 33, 457 34, 129 35, 605 36, 786 37,115 37, 301 36, 296 37, 034 38, 376 37. 793 37, 860 36, 768 36, 908 37, 097 36, 985 37, 413 37, 430 37, 154 37, 229 36, 656 36 881 37, 349 37, 398 36, 405 36, 534 36, 764 36, 463 37, 002 37, 136 36, 949 37, 043 36, 621 36, 875 98.82 98. 77 99.01 98. 99 99.10 98. 58 98. 90 99. 21 99.45 99. 50 99.90 99.98 33, 024 33, 069 31, 895 31, 863 32, 014 31,889 32, 193 32, 156 31, 803 31, 791 31, 049 31,219 32, 956 33. 008 31,937 31, 903 32, 093 31,814 32,217 32, 297 32, 003 32, 046 31, 443 31, 616 99.79 99.81 100. 13 100.12 100. 24 99.76 100. 07 100. 43 100.63 100. 80 101.26 101. 27 4, 770 4, 791 4, 873 5, 046 5, 083 5,095 5,220 5,274 5,351 5,438 5,607 5,662 4,393 4,389 4,468 4,632 4,671 4,649 4,785 4,839 4, 946 4,997 5,178 5,259 92.09 91.61 91.68 91.79 91.89 91.24 91.67 91.75 92.44 91.90 92.34 92.87 592 595 602 605 614 624 626 630 636 649 648 655 38, 602 39, 966 40, 127 40, 507 42, 530 41,964 44, 909 45, 531 47, 610 46, 029 48, 527 49, 736 36, 223 36, 270 36, 329 48, 436 48 555 48, 625 48, 337 48, 695 47. 786 48, 279 48, 480 48, 589 36, 207 36, 206 36, 338 48, 302 48,063 47, 953 47, 060 47, 509 46, 575 47, 333 47, 498 47, 379 99. 95 99.82 100. 02 99.72 98.98 98.61 97. 35 97.56 97. 46 98.04 97.97 97.51 30, 484 30, 430 30, 468 30, 498 30, 488 30, 503 30, 198 30, 514 29, 573 29, 622 29, 729 29, 777 30. 841 30. 736 30, 825 30 722 30, 433 30, 284 29, 674 30, 008 29, 075 29, 215 29, 342 29, 178 101.17 101.00 101. 16 100. 73 99.82 99.27 98.26 98.34 98.31 98.62 98.69 97.98 5,739 5, 840 5, 860 17, 938 18, 067 18, 121 18, 139 18, 181 18, 212 18, 657 18, 752 18, 812 5, 366 5, 470 5, 513 17, 579 17, 630 17, 669 17, 386 17, 501 17, 500 18, 119 18, 156 18, 201 93.49 93.66 94.07 98. 00 97.58 97.50 95.84 96.26 96.08 97.11 96.82 96.75 660 665 672 675 684 688 696 706 711 728 742 757 49, 145 48. 485 52, 371 54, 819 55, 735 52, 930 53, 729 57, 386 59. 332 61, 076 G6, 113 67, 472 January February ... _. March- _ , ... _ _ . _ _ __ April May June ._ _. . _. . ... July August _ . September _ _ _ _ _ _ _ _ . _ _ _. ._ . October November December.. ___ _ _ _ ._ _ 48, 624 48, 697 48, 738 48, 915 49, 277 49, 263 48, 969 49, 027 49,017 49, 075 49, 048 49, 058 47, 395 46, 889 46, 372 47, 072 47, 297 46, 974 46, 757 46, 741 46, 456 46, 619 47,002 46, 892 97.47 96.28 ! 95. 14 96.23 95.98 95.35 95. 48 95. 34 94.77 95.00 95.83 95.59 29, 805 29, 874 29, 832 29, 999 30, 350 30, 290 30, 160 30, 156 30, 142 30, 216 30, 059 30, 098 29, 127 28, 985 28, 585 29, 007 29, 506 29, 095 29, 073 29. 007 28, 81 1 28, 898 29, 096 29, 204 97.72 97.02 95.81 96.69 97.21 96. 05 96.40 96. 19 95.58 95.64 96.80 97.03 18,818 18, 822 18,906 18, 916 18, 927 18, 972 18, 809 18, 871 18, 875 18, 859 18, 989 18, 960 18, 268 17,904 17, 787 18, 065 17, 791 17, 879 17, 685 17, 734 17,646 17,721 17,906 17,689 97.07 95.12 94.08 95. 50 93.99 94.23 94.02 93.97 93.49 93.97 94.29 93.29 808 843 863 897 932 945 971 1,006 1,048 1,110 1,117 1,128 71,060 71 , 872 69, 770 73, 719 70, 921 77, 264 81,569 89. 668 87, 074 71, 753 63, 589 64, 708 1930 January.-. . .. __ _ February March.. _ _ _ . . ... _ Ar>ril. . . May June .... _ July AugustSeptember October . November December . .. 49, 282 49, 250 49, 503 49, 670 50, 029 50, 204 50, 375 50, 457 50, 027 50, 192 50, 095 50, 073 47, 171 47, 372 48, 291 48, 057 48, 489 48, 588 49, 102 49, 294 48, 715 48, 418 47, 960 47, 385 95. 72 96.19 97.55 96.75 96.92 96.78 97.47 97.69 97.38 96. 47 95.74 94.63 30, 328 30, 295 30, 473 30, 532 30, 685 30, 764 30, 831 30, 868 30, 877 30, 998 30, 876 30, 842 29, 331 29, 469 30, 025 29, 8.51 30, 042 30, 039 30, 303 30. 428 30, 516 30, 244 29, 798 29, 579 96.71 97.27 98.53 97.77 97.90 97.64 98.29 98.58 98.83 97.57 96.51 95.90 18,954 18,955 19,030 19, 138 19, 343 19, 440 19,544 19, 590 19, 150 19, 194 19.219 19,231 17,839 17, 902 18, 267 18, 206 18, 446 18, 550 18, 799 18, 866 18, 199 18, 173 18, 162 17,806 94.12 94.45 95.99 95.13 95.36 95.41 96.19 96. 30 95.03 ! 94.69 94.50 i 92.59 1,165 1,170 1,179 1,199 1,221 1,231 1,270 1,282 1,284 1,297 1,296 1,297 69,009 70, 807 76, 075 75, 305 75,019 63, 892 67, 221 67, 721 60, 143 55, 026 53,312 49, 020 49, 882 50,109 50, 789 50, 912 50, 849 51.846 51,939 51, 950 52, 671 52, 599 52, 547 52, 360 47, 546 47, 870 48, 463 48, 282 47, 630 49, 133 48, 376 47,319 43, 031 41,703 39, 512 37, 848 95.32 95.53 95.42 94.84 | 93. 67 94.77 93.14 91.09 | 81.70 79.28 75.19 72.29 30,811 31,049 31,633 31,802 31, 742 32, 744 32, 746 32, 762 33, 551 33, 500 33, 451 33, 409 29,610 30, 015 30, 495 30, 436 30,117 31,389 31,269 30, 714 29, 640 28, 852 28, 141 26. 791 96. 10 96.67 96.40 95. 70 94.88 95.86 95.49 93.75 88.34 86.13 84. 13 80.19 19, 071 19, 060 19, 156 19,110 19, 106 19, 102 19, 192 19, 188 19, 121 19,100 19, 097 18, 951 17, 936 17, 855 17,968 17,847 17,513 17,744 17,107 16, 605 13, 392 12, 850 11,371 11,058 94.05 93.68 93.80 93. 39 91.66 92.89 89.13 86.54 70.04 67.28 59.55 58.35 1,299 1,298 1,298 1,305 1, 306 1,303 1,303 1,314 1,317 1,319 1,319 1,319 52, 062 57, 055 53, 336 48, 570 42, 534 47,417 44, 423 44, 587 32, 327 34, 247 31, 105 26, 694 January February March April M^av June July August September October November December - _ _ , - __ - - - January February March April May June July August September. _. October November . December January February March A pril May .June July August September - _ . . _ October November - . December -_ 1927 - _ ._ -- 1938 _ ._, _ 1929 . . _ . ... I 1 1 ! \ 1931 January. . . February -. March April— May June ..July August September October November December __ . _ .. . i ! i j ! j i ; | i Compiled by the New York Stock Exchange to show price movements of all securities on the exchange and the growth in the securities listed. The figures have been compiled on a monthly basis as far back as Jan. 1,1925. As issued, the statistics represent the condition as of the first day of the month. However, to facilitate the use of the statistics with relation to the other series carried in the Survey of Current Business, the figures have been moved back one month and are considered here as reflecting'the condition as of the end of the preceding month. The increase in the bond figures in April, 192;, was due to the inclusion in the total of $12,000,000,000 of British Government bonds. 21 SURVEY OF CURRENT BUSINESS April, 1932 WEEKLY BUSINESS INDICATORS [Weekly average, 1923-1925=100] 1933 ! i 1930 1931 1929 | Mar. Mar. Mar. Mar. i Mar. Mar. Mar. Mar. Mar. Mar. 22 23 12 21 I 14 15 16 19 5 7 i ITEM 1931 1932 1929 1930 ITEM Mar. Mar. Mar. Mar. Mar. Mar. Mar. Mar. Mar. Mar. 14 16 22 19 12 21 5 15 23 Wholesale prices— Contd. * Composite index, N. Y. Fisher 's 1926= 100— Times 61.3 61.0 60.4 78.2 77.5 76.7 92.8 92.8 105.2 105.0 * Composite index, Business Total (120) 63.1 63.3 62.9 76.0 76.0 76.0 90.7 90.9 98.3 98.2 r W eek 56.9 57.9 57.7 81.5 81.9 80.2 95.6 95.4 104.1 106.7 i 46.1 46.4 46.1 67.0 67.4 67.5 95.9 96.5 100.7 101.3 Agricultural (30) 137.8 82.5 108.0 Detroit employment 70.8 Nonagricultural (90) 66.2 66.3 65.8 78.7 78.6 78.5 88.4 88.3 96.2 95.7 Copper, electrolytic Production: 42.0 42.0 41.3 71.0 71.7 72.5 129.0 129.0 171.0 152.9 25.4 26.1 26.5 40.1 39.7 40.8 58.5 54.0 77.6 79.4 Cotton middling spot Beehive coke 8.6 8.6 14.3 14.7 15.9 28.2 26.9 51.0 51.8 Bituminous coal (da. | Iron and steel, composite 71.4 71.4 71.3 76.6 76.4 76.4 84.3 84.4 87.9 87.9 av ) 75 7 78.7 56.5 72.5 81.9 75.4 76.6 79.0 83.8 95.5 Banking and finance: 92.5 110.6 Bank debits outside N. Building (new awards) 96.9 24 8 Y. C. (da. av.) fElectric current 92.3 92.3 91.2 101.0 100.6 99. 9 103. 4: 104. 1 101.0 101.3 I 68.6 65.2 76.7 100.8 88.1 113.7 126.6 114.1 146.6 128.3 Bond prices ... _ 90.5 91.5 89.9 107.7 107.8 107.8 107.0 105.9 105.7 105.7 Petroleum (da. av.) 103.6 103.0 102.8 108.9 105. 2 103. 6 121. 7 124. 0 127.5 126.0 Business failures (numSteel ingots 32.9 34.2 35.5 75.0 75.0 71.1; 96.1 97.4 125.0 125.0 174.0 168.3 161.9 134.9 138.8 150.9 137. 1 137.6 107.6 113.0 ber) Receipts: Cattle and calves 62.3 53.5 55.7 76.0 61.1 58.9! 68.0 77.8 78.5 69.3 Federal Reserve R. M. Cotton banks—62.7 82.7 88.5 43.5 62.3 66.4 45.0 40.0 68.1 73.8 Hogs Loans and discounts. 99.1 99.5 100.7 124.2 123.0 123.5 134.8 133.7 132.4 131.5 64.9 69.6 70.1 80.9 67.9 66.1 63/2! 81.2 92.8 63.6 Wheat Net demand de35.0 42.9 61.3 85.9 99.5 118.0 40.1 51.3 76.3 79.7 Distribution: Car loadings. . 59.7 58.8 57.2 75.8 75.0 73. 9 89. 5 90. ] 98.3 98.0 91.0 90.8 91. 1 114.1 113.6 111.9 108.3 108.9 110.0 110. 9 posits Wholesale prices: 125.4 126.0 125.7 159.9 159.8 160.8 153.8 153.2 150.1 151.2 Time deposits Interest rates, call Dept. of Labor 1926= 100— 60.6 60.6 60.6 36.4 40.5 36.4 72.7 93.9 206.1 178.8 Interest rates, time Total _ 66. 5 66.5 66.2 79.1 80.0 84.8 48.7 51.4 49.6 94.3 100.0 182.9 180.0 Farm 1 114.6 115.2 94.5 94.5 94.7 93.0 93.4 96.6 96.8 Money in circulation 51.6 51.0 50.9 - - - - - --^.0 Stock prices 62 4 62 9 62 7 16. 7 79.2 78.3 168.2 166.9 167.4 236.5 233.1 252.9 250.7 Food tRelative to weekly average, 1928-1930, for week shown. * Relative to a computed normal taken as 100. WEEKLY BUSINESS STATISTICS 1932 19 31 1930 1929 1928 ITEM Mar. 19 Mar. 12 Mar. 5 Mar. 21 Mar. 14 Mar. 22 Mar. 15 Mar. 23 Mar. 16 Mar. 24 1 ,290 1,341 3,982 1,538 962 1,235 1,683 1,627 17 753 1,687 1,672 1,722 1,346 14, 852 1, 735 1,427 1,682 1,562 15 558 1,676 1,305 1,520 1,510 1, 684 21, 214 1, 520 778 71 16 726 149 50 945 130 34 197 141 51 157 139 140 913 288 191 371 158 645 471 357 904 590 296 576 492 197 813 626 241 584,634 137 ,906 20,307 29,867 16,179 187,196 189,912 3,267 575, 481 148, 666 18, 967 27, 194 16, 801 185, 122 176, 486 2,245 559, 439 100, 451 20, 488 31, 373 16, 952 191, 498 196, 581 2,096 2,157 2,146 2,141 741, 253 135, 966 33, 950 38, 624 21, 449 222, 227 283, 121 5, 916 621, 926 2,268 733, 580 149, 089 34, 793 36, 239 20, 018 220, 329 267, 237 5,875 626, 890 2,191 875, 385 136, 519 58,400 37, 657 21, 241 251, 445 360, 080 10, 043 478, 592 2,536 950,194 167, 453 69, 142 46, 617 28, 008 260, 564 369, 862 8,548 345, 272 2,387 942, 572 171, 459 68, 273 46, 617 29,229 260, 303 361, 842 8,113 340, 195 2,389 197 163 506 2,502 25 169 2J5 3, 410 1,739 26 176 230 4,872 887 27 240 113 6.821 4,160 57 193 162 7,905 2,321 57 215 117 3,186 3,001 73 246 104 4,074 1,384 74 248 177 6, 062 4,320 95 219 192 6,332 5,630 95 227 176 5,168 3,540 85 223 177 6, 223 9,663 84 106.2 .058 .069 1.83 29.57 .52 106.2 .058 .071 1.79 29.55 .53 106.2 .057 0.72 1.79 29.53 .52 106.4 .098 .109 2.37 31.71 .70 106.4 .099 .108 2.37 31.61 .70 110.7 .178 .159 2 03 34.' 89 .98 110.7 .178 .147 2.93 34.94 1.00 111.7 .236 .211 3.46 36. 37 1.17 110.8 .211 .216 3.47 36.37 1.19 112.3 .139 . 198 3.37 35. 70 1.41 112.3 .139 .195 3.34 35.91 1.36 4,313 3,181 3,343 3,022 4,219 3,557 6, 647 4,674 6,250 4,087 9,794 5,875 8,317 5,294 13, 418 6,799 11, 698 5,952 7,644 81.03 708 13, 003 81.95 685 10, 224 80.51 659 2,102 96.41 549 1,433 96.54 565 4,463 95.84 558 2,743 94.79 560 3,779 94.64 438 661 3,206 748 3,167 828 3, 145 162 3,294 173 3,281 206 3,221 266 3,223 943 2,878 12, 388 7,200 6,975 10, 992 5, 687 3.62 12, 436 6,869 7,010 10, 970 5,714 3.61 12, 588 6,935 7,148 11,003 5, 700 3.49 15, 518 7,593 8,153 13, 782 7,249 4.86 15, 377 7,200 8,140 13, 725 7,247 4.86 16, 847 5,667 8,793 13, 076 6,975 4.86 16, 704 5,528 8,821 13, 152 6,948 4.86 3.46 2.50 5, 537 3.50 2.50 5,563 3.71 ! 2.50 ! 5,594 i 2.13 1.50 4, 588 2.25 1.67 4,587 4.13 3.00 4,517 71.53 8,975 76.96 7,510 76.02 ! 7,794 i 163. 33 14, 578 162. 06 14, 377 55.7 52.8 30.5 92.0 60.7 57.2 35.4 99.7 60.0 ! 56.4 35.5 98.8 122. 5 112.7 95.3 192.4 121.0 110.7 97.8 189.0 Mar. 17 PRODUCTION AND DISTRIBUTION Bituminous coal production (da, av.) thous. tons... Building contracts (da. av., 37 States)... thous. dolls. . Electrical current output rruls. of kw.-hours_. Exports: Corn thous. of bushu. Wheat thous. of bush.. Wheat flour thous. of bbls. Freight cars: Loadings, total cars.. Coal and coke cars Forest products . cars . Grain and grain products cars.. Livestock cars Merchandise 1 c 1 cars Miscellaneous cars Ore . . cars Net available surplus (da. av ) cars Petroleum production (da. av.) thous. of bbls.. Receipts: Cattle and calves (12 markets) thousands. _ Cotton into sight.. thous. of bales Wheat, primarv markets thous. of bush.. Wool, total, Boston thous. of Ibs Steel ingot production per ct. of capacity. "1,538 33 881, 308 962, 400 139, 830 148, 706 60,222 68,396 39, 252 42, 111 23,864 , 26, 046 252, 271 263,415 356. 892 401, 840 8,977 11, 886 467, 182 261, 290 2,583 2,656 958, 601 170, 959 61, 524 i 43, 237 | 22,529 260, 959 382, 387 11,925 238, 518 2,625 WHOLESALE PRICES Chemical index rel. to 1924.. Copper ingots, electrolytic, New York, .dolls, per lb._ Cotton, middling, spot, New York dolls, perlb.. Food index (Bradstreet's).. ...dolls, perlb.. Iron and steel composite ._ dolls, per ton._ Wheat, No. 2, hard winter, Kansas City...dolls. bu_. Bank debits: FINANCIAL New York Citv mills of dolls Outside New York City mills of dolls Bond sales, New Y'ork Stock Exchange: United States Government thous. of dolls.. Average price 40 corporation bonds dollars .. Business failures number.. Federal reserve banks: Bills discounted ..mills of dolls Total reserves mills, of dolls.. Federal reserve reporting member banks: Total loans and discounts mills, of dolls.. Total investments mills of dolls "Other "loans mills of dolls Net-demand deposits.. ... ... mills, of dolls Time deposits mills of dolls Sterling exchange, rate quoted (da. av.) dollars. . Interest rates on brokers' loans: Time money, New York per cent.. Call money, New York per cent Money in circulation (da. av.).. .__ .mills, of dolls.. Stocks, New York Exchange: Average price 50 stocks . . . _ dollarsSales thous. of shares.. Stock prices, weighted: Industrials, rails, and utilities (421)_rel. to 1926.. All industrials (351) rel. to 1926.. All railroads (33) rel. to 1926.. All utilities (34) rel to 1926 11, 124 6,128 9,099 5,210 2,706 94.69 j 460 2,686 99. 32 468 2,869 99. 25 476 956 2,860 477 2,946 472 2, 957 16, 552 6,028 8,910 13, 281 6,805 4.85 I 16, 430 i 5,953 8,918 13, 398 6,855 4.85 15,350 6,205 8,805 13, 431 6,712 4.88 15, 407 6,088 8, 793 13, 773 6, 663 4.88 4.38 3.88 4,534 8.00 8.50 4,692 7.88 7.38 4,703 4.63 4.50 4,699 4.63 4.50 4,705 229. 68 23, 424 226. 34 20, 434 245. 57 26, 096 243. 43 23, 247 188. 74 19, 573 184. 25 20, 476 176.6 167.2 144.7 249.1 173. 8 164.4 144.8 243.3 190.9 198.8 139.7 203.7 190.2 197.2 141.1 204.6 140.3 143.7 127.2 135.6 137.5 140.4 127.5 133.3 22 SURVEY OF CURRENT BUSINESS April, 1932 Monthly Business Statistics The following table contains a summary of the monthly figures designed to show the trend in important industrial and commercial movements. These data represent continuations of the figures presented in the 1931 Annual Supplement to the Survey of Current Business, in which monthly figures for the past seven years may be found, together with explanations as to the sources and bases for the figures quoted. The figures given below should always be read in connection with these explanations. For later data, which have become available since these data were compiled, see recent Weekly Supplements to the Survey. CONTENTS Page Page 22 23 Commodity groups—Continued. Rubber and rubber products Stone, clay, and glass Textiles Tobacco Miscellaneous Fuels Distribution movement Foreign trade Employment arid wages Construction Public utilities Finance Industrial indexes Wholesale prices Commodity groups: Automobiles Chemicals and allied products Foodstuffs Forest products Leather and leather products Iron and steel Machinery Nonferrous metals Paper and paper products Printing 25 26 28 32 33 34 36 37 38 40 Earlier data for items shown here may be found in the 1931 Annual Supplement to the Survey Febru- January Decem- Novem- October ^e^m" August ary ber ber 1933 40 41 42 44 44 44 45 47 48 50 50 52 1931 July June '\ May April March ; Febnzj INDUSTRIAL PRODUCTION Federal Reserve Board i Total unadjusted rel to 1923-25 71 70 Total adjusted rel. to 1923-25 . 71 Manufactures, total unadjusted rel. to 1923-25. . 69 Manufactures, total adjusted.. rel. to 1923-25. . 34 Automobiles rel. to 1923-25 _ Cement rel to 1923-25 56 Food products rel. to 1923-25 96 41 Iron and steel -rel. to 1923-25. . Leather and shoes rel to 1923-25 Lumber " rel. to 1923-25 . 23 Nonferrous metal^ rel to 1923-25 Paper and printing rel. to 1923-25 Petroleum refining rel to 1923-25 Polished plate glass rel. to 1923-25 Auto tires and tubes rel to 1923-25 ......... Textiles ..rel. to 1923-25 _ _ 114 Tobacco manufactures rel. to 1923-25 _. 74 Minerals, total unadjusted rel. to 1923-25_. 77 Minerals, total adjusted rel. to 1923-25. _ 58 Anthracite .rel. to 1923-25 . 63 Bituminous coal rel. to 1923-25 Copper rel to 1923-25 106 Crude petroleum rel. to 1923-25 Iron-ore shipments rel. to 1923-25.. 54" Lead rel to 1923-25 31 Silver rel. to 1923-25 Zinc rel. to 1923-25 46 70 i 271 ! 270 ! 67 : 274 65 272 66 261 298 242 271 27 : | 45 i 265 ! 294 2 43 284 271 27 2 I 79 285 | 269 64 : m 59"' 2 121 --- 35 45 243 245 36 291 251 275 155 2 113 277 254 58 273 270 271 297 97 149 2 98 2 88 288 140 75 92 89 M24 72 284 89 2 113 82 281 66 75 73 72 71 26 275 292 245 288 233 2 100 159 56 276 93 2111 2 90 2 84 274 67 122 2 12 2 58 238 45 lie 241 66 241 47 77 76 76 275 40 279 93 245 2 2 108 36 264 104 2 159 57 280 100 118 82 65 70 60 102 2 52 65 242 49 i ! ; i 78 2 78 77 278 52 2 83 2g8 250 2 113 238 2 63 105 2 161 75 294 118 82 79 2 62 70 59 107 59 66 245 49 80 282 79 2 82 260 290 287 258 297 242 2 62 109 160 2 88 22 114 100 2 121 85 2 86 270 74 59 122 56 62 2 47 49 83 ' 2 83 82 i 282 65 293 83 2 60 i 295 » 47 68 2 107 2 111 2 159 2 89 2 108 296 2 132 85 2 86 2 75 74 67 122 46 58 47 54 161 2 105 2 115 =97 2 135 84 2 87 2 75 75 68 122 2 28 75 2 53 54 Industrial Consumption of Electrical Energy Consumption by geographic sections: United States . ..rel. to 1923-25 . New England rel. to 1923-25.. North Central . . .rel. to 1923-25 Middle Atlantic rel to 1923-25 Southern rel. to 1923-25. . Western rel to 1923-25 Consumption by industries: All industry rel. to 1923-25 Automobiles, including repair parts rel. to 1923-25 Electrical apparatus and equipment . ..rel. to 1923-25.. Food and kindred products. rel. to 1923-25. .1 Leather and its products... rel. to 1923-25.. j Lumber and its products.. rel. to 1923-25. J Metals group rel to 1923-25 '< Metal-working plan ts-.rel. to 1923-25..! Rolling mills and steel plants rel. to 1923-25. J Paper and pulp rel. to 1923-25.. i Rubber and its products. ..rel. to 1923-25.. i Shipbuilding rel to 1923-25 i Stone, clav,1md glass rel. to 1923-25. J Textiles rel. to 1923-25..! 2 Revised 89 2 87 90 286 78 294 2 89 2 66 299 2 48 2 72 ' ! ' i ! ! 90 288 91 2 87 77 294 295 270 2100 247 274 2 109 159 nil 2 96 296 2 132 83 291 2 87 77 69 121 69 54 61 89 87 • 90 87 67 2 91 87 2 75 2 96 2 48 2 78 no ' i : ' 2 150 2 2117 97 : 97 131 : 82 2 89 2 84 76 70 112 2 76 60 65 87 86 88 2 86 68 2 86 92 73 - 90 2 44 i 82 2 109 147 2 2107 92 2 95 2 133 84 2 ge '81 73 76 110 2 79 60 65 : 98.8 93.0 93.1 95.4 106.7 101.4 2 93.9 87.2 89.5 89.6 i 106. 0 i 104.0 \ 289.6 2 84. 5 85.2 2 89.7 100.0 98.3 2 98.8 86.4 89.5 99.6 119.3 111.0 97.1 87.5 87.4 103.3 113.2 102.2 100.4 97.0 92.6 104.0 113.8 102.3 97.3 89.9 90.0 99.5 112.8 108.8 97.9 100.0 92.1 95.7 117.5 96.8 101.7 98.4 102.7 91.5 114.3 106.4 ! i ' ! i 109.8 104.4 109.2 101.3 118.2 119.1 106.4 109. 4 105.0 97.6 108.6 114.0 108.2 105.8 105. 7 102. 8 117. 5 115.7 110.3 105.5 109. 0 108. 0 130. 6 120.0 110.3 98.8 93.9 i 89.6 98.8 97.1 100.4 97.3 97.9 101. 7 109. 8 106.4 108.2 85.3 83.6 : 78.1 65.5 57.4 53.7 43.6 55.9 71.3 89.7 90.8 94. 1 88. 9 \ ; 2 126. 9 144.0 75.2 76.4 76.4 76.0 2130.4 136. 5 81.8 81.2 73.0 71.0 2 132. 6 142.0 81.9 82.2 76.2 75.0 2126.9 146.4 77.1 79.4 75.0 73.3 2 133. 4 147. 0 83.8 76.9 74.5 69.3 2135.2 136.2 85.4 86.3 81.5 78.6 i 2136.7 ! 126.8 ! 81.0 i 97.2 i 98.5 94.0 2 138. 1 122.0 83.9 91.5 99.5 94.6 2126.1 116.8 71. 2 93. 2 112.2 103.5 2154.3 2122.0 76. 1 84. 2 114.0 112.3 106. 8 135. 1 122.3 89. 7 132.0 103. 7 108.1 109.6 109.0 92.5 116.5 100.0 119.4 123. 0 109.6 98.3 105. 1 97. 3 116.5 127. 0 122.0 114.8 102. 6 99. 3 122.2 129.5 90.6 86.8 76.0 74.8 120.0 127.2 2 81.4 81.9 71.3 72.7 1 | 123.5 124.8 79.2 2 74.1 70.6 70.9 78.2 116.5 112.0 99.2 90.0 96.8 77.6 i 109.3 104.0 i 93.2 | 77.1 87.8 70.0 107.0 79.2 94.6 76.8 89.8 : 77.0 126.1 93.5 95.0 : 113.8 i 93.4 i 76.3 113.0 82.8 84.5 113.4 98.2 i 78.3 138.3 88.0 88.9 113.9 98.7 78. 0 121. 7 | 98.5 ! 85.6 i 105.9 ! 95.0 i 83.1 104.0 97.4 82.0 104.8 98.2 86. 6 112. 4 121.0 84. 8 118.7 ! 100. 5 23 SURVEY OF CURRENT BUSINESS April, 1932 MONTHLY BUSINESS STATISTICS—Continued 1932 Earlier data for items shown here may be found in the 1931 Annual Supple- FebruNovem- October Septem- August ment to the Survey January Decemary ber ber ber 1931 July June May April March February STOCKS AND ORDERS New orders, total Stocks, total Manufactured goods Raw materials Unfilled orders, total _rel. to 1923-25- . rel. to 1923-25 rel, to 1932-25. rel to 1923-25 rel to 1923-25 159.3 110.8 194.3 2 162. 0 110.4 2 199. 3 36.3 2 166. 6 108.4 2 208. 6 240.2 240.8 2 168. 7 105.4 2 214. 3 242.9 44.3 160.1 103. 8 2 200. 7 244.4 47.8 141.7 106.9 166.8 246.0 45.5 137.0 111.7 155. 3 47.4 48.1 133.6 115.6 146.5 251.4 56.0 133.7 117.0 145.7 55.9 52.9 139.1 118.2 154.2 56.8 60.4 143.6 118.6 161.7 60.6 58.2 150.5 119.0 173.2 61.9 261.1 49.8 153.0 119.2 177.4 COST OF LIVING All groups Clothing Food Fuel and light Housing Sundries . rel. to 1923. rel. to 1923.. rel to 1923 rel. to 1923.. rel. to 1923 ..rel. to 1923. 80.1 70.4 72.1 89.6 76.2 93.8 81.4 72.0 74.8 90.0 77.1 93.9 83.1 73.8 78.2 90.3 78.5 94.2 83.9 74.2 79.9 90.5 79.3 94.3 84.9 75.4 81.5 90.5 80.3 94.6 85.6 78.5 81.7 90.1 80.7 95.4 85.9 78.6 81.9 89.6 81.5 95.5 85.9 78.6 81.5 89.3 82.0 95.8 85.9 79.9 81.0 89.1 82.6 95.5 86.9 80.7 82.8 89.1 83.5 95.9 88.2 82.0 84.9 90.6 84.1 96.8 89.1 83.2 86.5 92.5 84.6 96.8 89.6 84.4 86.9 92.7 85.3 96.9 66.3 50.6 62.5 67.3 52.8 64.7 68.6 55.7 69.1 70.2 58.7 71.0 70.3 58.8 73.3 71.2 60.5 73.7 72.1 63.5 74.6 72.0 64.9 74.0 72.1 65.4 73.3 73.2 67.1 73.8 74.8 70.1 76.3 76.0 70.6 77.6 76.8 70.1 78.0 73.4 75.5 68.3 74.8 75.7 67.9 75.7 76.1 68.3 76.2 76.1 69.4 76.1 75.6 67.8 77.0 76.3 67.4 77.6 76.9 66.5 78.1 78.9 62.9 79.3 79.4 62.9 80.0 80.5 65.3 81.5 81.3 65.4 82.5 82.9 68.3 82.5 83.3 72.5 78.3 79.3 79.8 81.6 82.5 85.0 88.7 89.4 88.0 87.6 87.5 87.6 86.9 77.5 77.7 78.5 80.9 81.0 82.7 84.9 85.7 86.4 86.8 87.9 88.0 88.1 PRICE INDEXES Department of Labor Indexes: Combined index (784). _. rel. to 1926 -. Farm products _ rel. to 1926.. Food (122) . rel. to 1926 Industrial group commoditiesBuilding materials (86). ..rel. to 1926.. Chemicals and drugs (89) .rel. to 1926— Fuel and lighting (24) rel. to 1926.. Hides and leather products (41) ..-rel. to 1926House furnishing goods (61) _ rel. to 1926— Metal and metal products rel to 1926 Textile products (113) rel. to 1926— Miscellaneous (52) rel. to 1926All except farm and food products (595) rel. to 1926 ._ Fininshed products rel. to 1926. . Raw materials rel. to 1926.. 80.9 59.8 64.7 81.8 59.9 65.6 82.2 60.8 66.8 82.6 62.2 68.7 82.8 63.0 66.6 83.9 64.5 68.2 83.9 65.5 68.3 84.3 66.5 69.7 84.4 66.6 69.7 85.0 67.4 70.5 85.7 68.2 71.5 86.4 70.0 72.0 86.5 70.9 71.5 71.3 71.4 56.9 71.7 72.1 58.3 72.3 73.3 60.2 73.4 74.8 62.0 72.9 75.1 61.5 73.9 75.9 62.7 74.2 76.4 64.1 73.9 76.1 64.3 74.1 76.0 64.7 75.1 76.9 66.5 75.9 78.3 68.3 77.2 79.6 69. 5 78.3 80.3 70.6 Semimanufactured articles rel. to 1926.. Bradstreet's Index ... rel. to 1926— Dun's Index _rel. to 1926-. 61.9 56.6 74.0 63.1 58.2 74.4 63.7 59.8 74.6 64.9 61. 2 74.4 65.2 62.6 74.4 66.7 64.2 72.3 68.3 65.7 75.1 69.3 68.0 77.2 69.3 67.9 77.7 69.8 66.9 77.3 71.5 69.0 79.2 72.9 71.4 80.9 73.0 71.0 81.4 WHOLESALE PRICES Acetate of lime dolls, per cwt 2.00 Aluminum No. 1, Virgin 98-99, New York dolls, per Ib .2290 Aluminum, scrap cast, New York.dolls. per Ib. . .0412 .52 Barley, No. 2, Minneapolis dolls, per bu— Brass sheets, mill dolls, per lb_. .130 Brick, common, red, New York dolls per thous 9.750 .22 Butter, common, New York dolls, per lb_. Cexnent, Portland (composite) .dolls, per bbl— 1. 323 Cheese, American whole milk, New York _ dolls, per lb._ .13 Chemicals rel. to 1927. 86 Coffee, Rio, No. 7, Brazil grades-dolls, per Ib— .072 Copper ingots, electrolytic dolls, per Ib— . 0597 Coal: Anthracite— Retail, composite-dolls, per short ton.. 14.95 Wholesale, composite dolls, per short ton 13. 170 BituminousMine average (spot) dolls, per short ton.. Prepared sizes (composite) 3.929 dolls, per net ton.. Retail, composite-dolls, per short ton.. 8.14 Wholesale, composite dolls, per short ton-3.701 Coke, furnace, Connellsville dolls, per short ton__ 2.25 Cocoa, spot, Accra, New York. -dolls, per lb__ .0422 Corn: No. 3, yellow, Chicago dolls, per b u _ _ .34 No. 3, Kansas City __ -dolls, per bu .36 No. 3, white, Chicago.dolls, perbu.. .35 Cotton: To producer dolls, per Ib— .058 In New York, middling dolls, per lb_. .068 Cottonseed oil, refined, yellow, prime, New York dolls, per lb._ .040 Cotton goods: Print cloth 64 x 60 dolls, per yd-. .039 Sheeting, brown . dolls, per yd .043 Cotton goods (Fairchild)-rel. to 1911-1913.. 86 Cotton yarns: 22/1 cones, Boston dolls, per lb.. .180 40/15 southern spinning dolls, per lb— .285 Drugs and Pharmaceuticals _rel. to Aug., 1914.. 157 116 Drugs, crude rel. to Aug., 1914.. Essential oils ._ rel. to Aug , 1914 59 Flaxseed, No. 1, Minneapolis. .dolls, per bu — 1.40 Flour, see under wheat flour. Food, wholesale, see under individual items. Food, retail (Dept. of Labor) rel. to 1913— 105.3 Hides: Green salted, packers' heavy .066 native steers dolls, per lb._ Calfskins, country, No. 1 dolls, per Ib.. .065 2 Revised. 2.00 2.00 2.00 2.00 2.00 2.00 2.00 2.00 2.00 2.00 2.00 .2290 .0388 .51 .130 . 2290 . 0388 .51 .130 .2290 .0393 .50 . 130 .2290 .0400 .50 .152 .2290 .0400 .45 .154 .2290 .0424 .42 .157 .2290 .0438 .39 .158 .2290 .0438 .45 .165 .2290 .0488 .48 .172 .2290 .0488 .44 .174 .2200 .0517 .44 .171 12. 127 .24 1.321 9.750 .31 1.310 10.00 .31 1.310 10.00 .34 1.318 10.00 .33 1.331 10.00 .28 1.331 10.00 .25 1. 331 10.00 .23 1. 364 10.25 .24 1.399 10.25 .26 1.422 10.00 .29 1.477 10.00 .28 1.543 .14 86 .071 . 0706 .14 86 .070 . 0658 .15 86 .063 .0650 .16 86 .058 .0678 . 17 86 .050 . 0009 .16 86 . 050 . 0729 .15 88 . 003 .0770 .14 88 .068 . 0803 .14 89 .001 .0807 .15 90 .053 .0939 .16 90 . 050 . 0085 .004 .0972 14.97 14.97 14.96 14. 97 14. 93 14. 73 14.59 14.31 14. 19 14.39 14.85 14.85 12.413 12. 270 12. 202 12. 008 12. 732 2.00 .2290 2.0398 .51 .133 2 .16 so 13. 166 13. 083 13. 083 13. 083 1.62 1.58 1.58 1.56 1.60 1.64 1.09 1. 77 3. 953 8.17 3. 953 8. 19 3.902 8.23 3. 954 S. 22 3.054 8. 17 3. 907 8.11 3. 856 8.09 3.816 8.00 3. 838 8.04 3. 845 8.40 3.909 8.71 4.223 8.83 3. 690 3. 701 3.705 3.703 3.705 3.704 3.706 3.692 3.723 3.700 3. 791 3.814 2.30 .0432 2.34 .0425 2.38 .0494 2.45 .0475 2.45 .0463 2.45 .0525 2.45 .0581 2.45 . 0503 2.48 . 0494 2.50 .0535 2.50 .0550 2. 53 .0503 .37 .39 .37 .37 .39 .38 .43 .46 .43 .38 .40 .39 .42 .46 .44 .40 .45 .49 .57 .53 .58 .58 .52 .59 .50 .52 .50 .58 .53 .58 .00 .54 .60 .01 .54 .63 .056 .066 .055 .063 .061 .065 .053 .064 .059 .065 .003 .072 .085 .093 .077 .090 .088 .093 .093 .102 .096 .109 .091 .110 .039 .042 .047 .045 .044 .059 .069 .068 .069 .076 .076 .073 .036 .042 85 .034 .044 85 .036 .047 87 .038 .046 91 .041 .050 95 .043 .052 100 .049 .056 111 .048 .054 112 .050 .058 115 .053 .059 119 .055 .059 121 . 053 .065 119 .175 .290 157 116 57 1.41 .181 .295 157 116 59 1.43 .192 .312 157 117 61 1.46 .189 . 315 157 118 65 1.32 .201 .326 157 118 70 1.37 .212 . 336 157 118 76 1.41 .225 .352 157 118 77 1.64 .215 .352 157 128 77 1.48 .223 .353 157 130 79 1.55 .231 .369 160 131 82 1.57 .240 .382 174 130 81 1.58 .239 .390 175 131 80 1.50 109.3 114. 3 116.7 119.1 119.4 119.7 119.0 118.3 121.0 124.0 126.4 127.0 .076 .074 .078 .078 .082 .085 .077 .083 .090 .098 .113 .129 .120 .139 .100 .129 .085 .129 .092 .135 .090 .128 . 073 1.17 13. 170 i 12. 796 • 12. 014 24 SURVEY OF CURRENT BUSINESS April, 1932 MONTHLY BUSINESS STATISTICS—Continued Earlier data for items shown here may be found in the 1931 Annual Supplement to the Survey 1932 1931 Febru- January Decemary ber Septem- August b er October ber N0 y July June May April March February ! WHOLESALE PRICES-Continued Iron, raw: Basic (valley furnace) .dolls, per long ton_. Composite pig iron dolls, per long ton_. Foundry No. 2, northern _ dolls, per long ton.. Lard, prime contract, New York dolls, per lb. Lead, pig, desilverized, New York dolls, per Ib Leather, composite, wholesale price rel. to 1926__ Leather, sole and belting, oak, and scoured backs dolls, per lb._ Leather, upper, composite, chrome, calf black, "B" grade dolls, per sq. ft._ Leather, hides (see under hides). Leather, shoes (see under shoes) . Linseed oil, New York dolls, per Ib Lumber: Douglas fir, No. 1, common dolls, per M ft. b. m Douglas fir, flooring, 1 x 4 , "B" and better (V. G. Washington) dolls, per M ft. b. m Southern yellow pine . ... dolls, per M ft. b. m__ Meats: Beef, fresh, carcass, good native steers, Chicago dolls. perlb_. Beef, fresh, carcass, steers, New York dolls, per Ib Cattle, corn-fed, Chicago .dolls, per 100 lbs._ Hogs, heavy, Chicago dolls, per 1001bs._ Sheep, ewes, Chicago dolls. percwt__ Sheep, lambs, Chicago dolls, perlb.. Pork, hams, smoked, Chicago ._ dolls, per lb__ Western dressed steers, New York _. __ . dolls, per lb__ Methanol: Refined dolls, per gal.. Milk, condensed, New York- -dolls, per case-Milk, evaporated .dolls, per case.. Nonferrous metals rel. to 1926 . Oats: No. 3, white, Chicago dolls, per bu.. Oils and fats _ _ rel. to 1927- . Oleomargarine, standard, uncolored, Chicago dolls, per lb_. Paper, newsprint, rolls, destination, New York basis .dolls, per short ton... Petroleum: Crude, Kansas-Oklahoma-dolls, per bbL. Gas and fuel oils, Oklahoma 24-26, refineries dolls, per bbl Gasoline, New York ...dolls, per gal-Kerosene, 150° water white .dolls, per gal.. Lubricating oil, cylinder dolls, per gal-Pig iron, foundry No. 2, Pittsburgh dolls, per long ton Potatoes dolls, per bu_Rayon, 150 denier "A" grade, New York dolls, per lb_Rosin, gum, New York dolls, per bbl Rubber, crude, smoked sheets, New York dolls, per lb_. Rye, No. 2, Minneapolis dolls, per bu_. Sheep, ewes, Chicago dolls, per 100 lbs_ Sheep, lambs, Chicago dolls, per lOOlbs.. Shoes, men's black calf blucher, Boston dolls, per pair-Shoes, men's dress welt, tan calf, oxford, St. Louis dolls, per pair.. Shoes, women's black kid, McKay sewed dolls, per pair Silk, raw, Japanese, 13-15, New York . .. dolls, per Ib.. Silk goods, composite dolls, per yd__ Steel beams, mill, Pittsburgh.dolls. per cwt.Steel, crude: Composite, finished steel dolls, per 100 Ibs Iron and steel, composite dolls, per long ton-Steel billets, Bessemer. dolls, per long ton-Steel scrap, Chicago.-dolls. per gross ton-Structural steel beams .dolls, per 100 lbs_Structural steel beams _ . _ _ rel. to 1926. _ Sulphuric acid dolls per ton Sugar: Retail average, 51 cities rel. to 1913. . Retail granulated, New York. dolls, per lb._ Wholesale, 96° centrif., New York dolls, per Ib.Wholesale, granulated, New York _ dolls, per lb._ Tea, Formosa fine, New York. -dolls, perlb.. Textiles, general rel. to 1926-. Tin, wholesale, straits, New York dolls, per Ib-- Revised. 14.63 15.36 15.00 15.55 15.00 15.86 15.00 16.02 15.25 16.23 15.50 16.32 15. 50 16.38 15.50 16.38 15.50 16.40 16.25 16.64 16.50 16.75 16.50 16.72 16.75 16.82 17.02 17.36 17.46 17.76 18.39 18.76 18.76 18.76 18.76 18.76 18.76 18.26 18.51 .052 .055 .060 .071 .080 .075 .075 .082 .083 .082 .090 .094 .085 .0371 . 0375 .0379 .0394 .0396 .0440 .0440 .0440 .0392 .0382 .0441 .0453 .0455 89.0 77.5 278.6 78.8 80.7 83.4 90.3 89.8 87.8 88.1 88.4 88.4 .33 .32 .32 .32 .35 .39 .40 .37 .37 .37 .37 .37 .37 .271 .298 .320 .323 .330 .337 .348 .350 .352 .356 .356 .352 .354 .065 .067 .071 .075 .073 .076 .083 .091 .086 .088 .092 .095 .092 10.25 11.40 11.09 11.23 11.21 11.27 10.97 10.64 11.25 11.64 12.12 12.68 12.86 22.49 22.84 23. 51 24.35 25.63 25.48 25.29 25.76 25. 98 28.33 29,74 31.14 31.65 25.16 26.31 26.31 26.49 27.21 27.68 27.82 28. 15 28.82 28.32 29.66 28.42 .130 .145 .157 .164 .156 .148 .144 .129 .129 .143 .160 .169 .178 .160 7.975 3.77 2.98 5.38 .168 8.969 3.91 2.06 5.09 .172 9.344 4.22 2.00 4.89 .175 10.200 4.64 2.00 4.98 .173 9.250 5.41 1.63 5.70 .165 8.656 5.71 1.63 5.94 .158 8.620 6.35 1.98 5.95 .145 7.250 6.24 2.56 6.06 .145 7.320 6.39 1.55 6.98 .155 7.675 6.40 2.44 8.36 .172 8.563 7.08 3.29 8.76 .180 9.075 7.18 3.79 8.27 .196 9.106 6.73 3.69 8.31 .147 .138 .153 .172 .182 ,186 .185 .173 .174 .182 .184 .187 .195 .160 .168 .172 .175 .173 .165 .158 .145 . 145 .155 .172 .180 .196 .37 4.75 2.98 .35 4.75 2.98 55.4 .35 4.75 3.00 53.8 .35 4.75 3.00 53.5 .35 4.75 3.00 53.7 .35 4.75 3.00 56.8 .35 5.00 3.00 58.0 .35 5.65 3.10 59.4 .35 5.65 3.20 58.9 .35 5.65 3.30 60.6 .35 5.65 3.50 65.1 .40 5.65 3.50 67.1 .40 5.79 3.50 66.1 .24 47 .25 47 .25 49 .26 51 .23 47 .21 62 .23 68 .27 64 .28 68 .30 72 .31 71 .32 68 .098 .128 53. 000 53.000 2 . 22 51 .134 ,133 .127 .119 .105 .106 .110 .128 .145 .145 .155 57. 000 57.000 57. 000 57. 000 57. 000 57.000 57. 000 57. 000 57. 000 57.000 57.000 7.10 7.10 .710 .710 .560 .560 .434 .238 .300 .530 .530 .594 .850 .335 .123 .045 .161 .325 .123 .046 .153 .338 .128 .044 .164 .350 .143 .041 .181 .338 .143 .039 .200 .319 .143 .039 .198 .280 .133 .038 .134 .294 .133 .038 .110 .385 .133 .042 .112 .463 .133 .045 .118 .488 .133 .048 .125 .510 .133 .051 .134 . 588 .138 .053 . 135 17.02 .448 17.36 .471 17.46 .457 18.39 .458 18.76 .601 18.76 .767 18.76 .825 18. 76 .753 18.76 .870 18.76 .908 18.26 .849 18.51 .867 3^23 .75 3.30 .75 3.61 .75 3.96 75 & 80 .75 3.87 .75 3.94 .75 4.28 .75 4.6* .75 4.70 .75 4.73 .75 4.64 .75 4.38 .039 .46 2.98 5.38 .044 .46 2.06 5.09 .046 .45 2.00 4.89 .046 .51 2.00 4.98 .050 .41 1.63 5.70 .050 .39 1.63 5.94 .054 .38 1.98 5.95 .063 .37 2.56 6.06 .063 .37 1. 55 6.98 .064 .36 2.44 8.36 .064 .35 3.29 8.76 .077 .36 3.79 8.27 .076 .37 3.69 8.31 5.750 5.750 6. 250 6.311 6.55 6. 75 6.75 6.75 6.75 6.75 6.75 6.75 6. 75 4.35 4.35 4.35 4.35 4.35 4.35 4.49 4.60 4.60 4.60 4.60 2 17.76 .453 2 2 3.000 3.000 3.000 3.150 3.150 3.150 3.150 3.150 3.250 3.250 3.250 3.250 3.250 1.891 .94 1.53 1.953 .96 1.51 1.970 .96 1.60 2.315 .98 1.60 2.266 .98 1.60 2.315 .98 1.60 2.512 .98 1.60 2.364 .98 1.65 2.463 .99 1.65 2.266 .99 1.65 2.266 .99 1.65 2.561 .90 1.65 2.709 1.00 1.65 2.11 2.11 2.16 2.18 2.18 2.20 2.19 2.20 2.19 2.21 2.22 2.23 2.22 29.56 27.00 7.156 1.53 77.9 15.50 29.98 27.75 7.500 1.51 77.2 15.50 30.32 28.80 7.800 1.60 81.7 15.50 30.61 29.00 8. 000 1.60 81.7 15.50 30.81 29.00 8.000 1.60 81.7 15. 50 31.03 29.00 8.200 1.60 81.7 15.50 31.05 29.00 8.375 16.0 81.7 15.50 31.05 29.00 8.750 1.65 84.3 15.50 31.02 29.00 8.750 1.65 84.3 15.50 31.39 29.50 8.875 1.65 84.3 15.50 31.61 30.00 9.813 1.65 84.3 15.50 31.66 30.00 10.000 1.65 84.3 15.50 31.65 30.00 10. 063 1.65 84.3 15. 50 98 .051 98 .051 100 .051 ! 102 .052 102 .052 104 .052 104 .053 102 .051 102 .050 102 .050 104 .050 106 .051 107 .053 .029 .031 .032 i .034 .034 .034 .035 .035 .033 .032 .033 .033 .033 .041 .215 .041 .215 59.9 .044 .225 62.2 .045 .225 63.0 .045 .225 64.5 .046 .225 65.5 .046 .225 66.5 .044 .225 66.6 .043 .225 67.4 .044 .225 68.2 .043 .225 70.0 .045 .225 70.9 .2203 .2184 .042 ! .217 i 60.8 i .2135 ' . 2281 .2276 .2468 .2575 .2502 .2341 .2320 . 2512 .2707 . 2631 25 SURVEY OF CURRENT BUSINESS April, 1932 MONTHLY BUSINESS STATISTICS—Continued Earlier data for items shown here may be found in the 1931 Annual Supplement to the Survey i a&& WHOLESALE PRICES-Continued Turpentine gum, New York _ dolls, per gal-0.39 Wheat: No. 1, northern spring, Minneapolis., dolls, per b u _ _ .75 No. 2, red winter, St. Louis dolls, pcrbu.. . 57 No. 2, hard winter, Kansas City doll^ per bu 54 Wheat flour: Standard patents, Minneapolis dolls, per bbl.. 4. (51 Winter straights, Kansas City _ dolls, per bbl 3.30 Wool: Raw, territory, fine, scoured -dolls, per lb-_ .57 Raw, Ohio and Pennsylvania, fleeces, y\ blood, combing grease dolls, per lb,_ .21 Suiting, 13 oz._.I dolls, per y d _ _ 1.400 Women's dress goods, French serge, 54-in., at factory dolls, per y d _ _ .900 Worsted yarns dolls, per l b _ _ .900 Zinc, prime western -dolls, per lb._ .0282 FARM PRICES Cotton and cottonseed (2) rel. to 1909-14— 47 Dairy and poultry products (4)jrel. to 1909-14. . 77 Fruits and vegetables (6) rel. to 1909-14.. 68 Grains (5), _. . . ... rel. to 1909-14. . 51 Meat animals (5) rel. to 1909-14_. 65 Unclassiflcd (5) rel. to 1909-14 47 All groups (27) rol. to 1909-14— 60 RETAIL PRICES Retail food index (Dept. of Labor)_rel. to 1913.. 105. 3 Retail coal index (Dept. of Labor) _rel. to 1913.. 188.9 AIRPLANES Deliveries, military_ number . Exports, during month number Production: Commercial aircraft .number _ Manufactured for export number AUTOMOBILES Production index (Fed. Res. Bd.) rel to 19°? -25 34 Production index (elect, energy consumed) " rel to 1923-25 85.3 Passenger cars and trucks: Production, actualCanada— Total no of cars 5 477 Passenger cars no . of cars _ _ 4, 494 Trucks no. of ears... 983 United StatesTotal _.no. of cars_. 117,413 Passenger cars PO of cars 94, 085 Taxieabs . . . . no. of cars.. 25 Trucks no of cars 23, 303 Electric industrial trucks and tractors: Shipments — Domestic number 26 Exports - _ _ _ number.. 0 Autos, parts and accessories, export value _ thous. of dolls 7, 433 Exports (assembled) : From Canada — Total__ _ _ _ no. of cars 683 Passenger cars no. of cars__ 233 Trucks no of cars 450 From United StatesTotal PO of cars 7, 043 Passenger cars no of cars 4,930 Trucks no. of cars.. 2,113 Financing: United States-Wholesale dealers thous. of dolls. _ 33, 278 Total consumers - . . . _ _ thous. of dolls _ _ 44,631 New cars thous, of dolls. _ 23,542 ! Used cars __ thous. of dolls ... 19,814 Unclassified thous. of dolls 1, 270 Canada — Total new and used cars and trucks thous of dolls New cars and trucks...thous. of dolls. _ Used cars thous. of dolls New passenger-car, registrations . no. of cars. _ Sales (General Motors Corp.): Total to consumers, U. S no. of cars.. 46, 855 Total to dealers, U, S no. of cars_. 52, 539 Total to dealers, including Canadian and overseas no. of cars 62,580 Fire-extinguishing equipment: Shipments — Afot or vehicles numlxr 29 Hand tvpes .. number. _ 18,787 Am s?ories and parts, shipments: Acc'-ssori^s rel to Jan 192,'' Original equipment rel to J a n . j9«5 Kt placement p:,rls_ . _ _ r H . to Inn., 1925. Service parts . id. to J;n., 1925 Kim production thous. of runs... I 726 i 3 Revised. 109570—32 4 Decem- NovemSeptem- August ber ber ber | October Febru- January ary July June 0.37 0.36 0.39 0.55 .71 .69 .65 .61 .74 .52 .47 .47 .48 .72 .48 .43 .43 .44 4. 84 4.28 4. 24 4.21 3. 03 ! 3.10 2.96 2.96 .58 .58 0.40 0.39 0.40 .75 .73 .80 .57 .57 . 62 r,9 59 4. 59 ! 4. 51 3.40 3.22 0.36 i .58 ' .58 .21 1.400 .21 1. 400 .900 .925 .0301 .925 .931 .0315 : .75 .79 .76 .78 .79 .68 .73 .73 .70 .69 4.13 4. 75 4. 85 4.71 4.67 4. 85 3.84 4.12 4.14 4.02 4.00 4.06 .63 .,65 .66 .66 .62 .63 .62 .62 .21 ! 1. 400 j .21 1. 400 1.400 .23 1.490 .21 1.494 .20 .1. 494 .20 | 1.494 1 .22 1. 494 .22 ! 1. 543 .23 1. 601 9.25 ! .950 . 925 .950 .0338 .925 .950 .0374 .925 1.00 . 0382 .925 1.00 .0389 .925 1.00 .0342 .925 1.00 .0331 ; .968 1.00 . 0372 1.050 1.00 .0400 1. 050 1.10 .0401 1 42 99 70 46 79 53 68 47 93 83 50 86 55 72 53 89 97 54 92 60 75 71 84 110 57 92 58 79 65 85 114 67 91 59 80 74 1 87 119 •! 74 99 62 86 i 78 96 120 74 106 63 91 80 99 109 74 106 65 91 76 95 109 75 106 67 90 124. 0 181. 8 126. 4 187.7 127.0 187.6 1 63 : 8 93 9 74 7 208 8 188 9 76 7 . 0321 109.3 1 189.2 114. 3 189. 1 116. 7 189.1 119.1 189.1 119.4 188. 7 119.7 186.1 119.0 184.3 118.3 180.8 121.0 179. 4 75 54 87 57 11 56 18 44 15 77 21 58 11 100 11 164 18 215 15 262 21 291 11 01 0.45 .80 50 102 68 57 76 51 71 n 0. 53 ,81 45 99 68 52 68 49 66 : Februl_^y_ .79 ; 45 1 85 70 52 68 46 i 63 ! 0.56 0.54 ! 53 March April May 60 7 100 10 45 66 36 26 40 60 65 278 77 67 68 83. 6 78.1 65. 5 57.4 53.7 43.6 55.9 71.3 89.7 90.8 94.1 88.9 3, 731 3, 1 12 i 619 2,432 2, 024 408 1, 247 812 435 1,440 761 679 2, 646 2,108 538 4,544 3, 426 1,118 4, 220 3r 151 1,069 6, 835 5, 583 1,252 12,738 10, 621. 2, 117 17, 159 14,043 3,116 12, 993 10, 483 2,510 9,871 7, 529 2,342 119,344 121, 541 98, 706 i 96, 753 97 1 1, 144 20, 541 ' 23, 644 68, 867 48, 185 999 19,683 80, 142 57, 764 651 21, 727 140, 566 109, 087 141 31,338 187, 197 155, 321 104 31, 772 218, 490 183, 993 180 34, 317 250, 640 210,016 360 40, 244 317,163 271,135 340 45, 688 336,939 276, 405 286, 252 230, 834 410 665 ! 50, 022 45,161 219,940 179, 890 529 39, 521 29 C i 21 1 19 16 1 39 4 37 13 63 15 50 25 69 0 6. 765 ! 7, 925 5, 548 8,492 8, 658 10, 651 1 1, 525 12, 755 14, 174 548 225 323 244 147 97 398 275 123 630 476 154 690 557 133 740 542 198 934 644 290 1, 021 789 232 1,512 1,083 429 6,989 4, 474 2,515 9,086 5, 753 3,333 3,112 1,928 1,184 7,707 3,207 4, 500 8,748 4,577 4, 171 8, 055 5,699 2, 356 9,996 6,478 3,518 10, 183 5, 843 4,340 12, 966 8,468 4,498 16,727 11/228 5,499 2 34, 842 2 44, 629 2 23, 476 2 19, 974 a 1, 179 29, 257 50, 432 27, 306 21, 860 1,267 1 5, 720 48, 569 25, 395 21, 891 1,283 25, 770 60, 092 33, 196 25, 882 1,614 35. 841 68, 285 38,610 27, 581 2, 095 43, 943 79, 598 46, 866 30, 486 2,246 48, 853 95,911 59, 300 34, 126 2,484 58,172 104, 642 63, 555 37, 988 3, 099 72, 623 109, 372 68, 564 37, 782 3,026 71, 194 112,982 70, 545 39, 546 2,891 1,827 824 1, 003 2, 146 982 1, 165 2, 662 1,324 1,338 2, 614 1, 239 1,375 4,196 2,102 2,094 4, 918 2,445 2,474 6,317 3, 440 2,877 194, 322 2,907 ! 1,418 1 1,488 84 9 50 6 18,004 | 18, 494 16, 071 1 , 853 1,327 526 1,565 881 684 17, 528 11,526 6,002 13, 374 9,187 4,187 63, 090 91.997 55, 022 34, 689 2, 287 49, 813 66, 130 36, 854 27, 707 1,568 3,543 1, 890 1, 653 2,361 921 1,440 48 23 1,172 ' 763 409 i ! 6,254 | 3,378 i 2,878 77, 564 75, 829 102,659 124, 903 155,744 201,911 247, 727 265, 732 200, 841 134, 133 47, 942 65, 382 53, 588 68, 650 34, 673 23, 716 49, 042 21,305 51,740 47, 895 69, 876 62, 667 85,054 ! 103, 303 78, 723 100, 270 122,717 136, 778 135, 663 132. 629 101,339 98, 943 68, 976 80, 373 74, 710 79, 529 29, 359 25, 975 58, 122 70, 078 87,449 111, 668 153, 730 154,252 119,195 96, 003 39 19, 955 76 19,437 58 20, 624 80 24,729 64 28, 720 72 81 26,334 i 29, 895 90 29, 696 75 31,117 72 1 76 32,538 | 34, 248 69 29, 280 66 £9 94 49 2714 73 48 102 60 638 80 37 129 69 282 66 54 138 07 505 65 117 110 115 1,425 53 95 99 97 1,011 57 63 96 5(> 811 i ] i ! 66 70 127 79 924 i 57 79 124 i 85 ; 813 i 61 91 122 102 1. 085 , 61 129 128 117 1, 508 66 127 i 127 ' 118 1,718 26 SURVEY OF CURRENT BUSINESS April, 1932 MONTHLY BUSINESS STATISTICS—Continue^ 1931 Earlier data for items shown here may be found in the 1931 Annual Supplement to the Survey Febru- CHEMICALS AND ALLIED PRODUCTS Production index (Fed. Res. Bd.) petroleum refining rel. to 1923-25.. | Production index (elect, energy I consumed).. rel. to 1923-25-.] Prices, wholesale rel. to 1926.. Stocks, manufactured goods, I end of month rel. to 1923-25.. Stocks, raw material, end of month rel. to 1923-25- 137.1 150. 106. 4 Chemicals Acetate of lime: Production thous. of Ibs._ Shipments thous. of Ibs— Stocks, end of month thous. of Ibs— Price, wholesale dolls, per cwt._ Arsenic, crudeProduction short tons-Stocks, end of month short tons.. Arsenic, refined: Production short tons.. Stocks, end of month short tons.. Ethyl alcohol: Production thous. of proof gals.. Warehouse stocks, end of month thous. of proof gals — Withdrawn for denaturization thous. of proof gals.. Methanol, crude: Production gallons.. Stocks at crude plants, cud of month gallons-. Stocks at refineries and in transit-gallons-. Exports gallons.. Mothanol, refined: Price, wholesale, New York.dolls, per gal.. Production gallons. Shipments gallons.. Stocks, end of month gallons-. Price index numbers: Crude drugs rel. to Aug., lull.. Essential oils rel. to Aug., 1914.. Drugs and Pharmaceuticals rel. to Aug., 191k. Chemicals rel. to 1927.. Oils and fats rel. to 1927-. Plastic paints, cold-water paints, and calcimines: Sales of— Plastic paints thous. of dolls.. Calcimines thous. of d nls_. Cold-water paints thous. of dolls. Paint, varnish, and lacquer products: Total sales (315 establishments) thous. of dolls.. Trade sales thous. of dolls.. Industrial sales thous. of dolls. Unclassified sales thous. of dolls.. Sulphur, production (quarterly).-.long tons Sulphuric acid:* Production ..short tuiiS. Purchases—From fertilizer manufacturers short tons. From nonfertilizer manufacture rs short tons_ Exports poundsPrice, wholesale 60° dolls, per tonSynthetic dyes, imports poi-iids_ Wood at distillation plants: C onsumpti on c',rd/ _ Stocks, end of month cord"Daily capacityAll plants cords. Plants shut down .i-ur-Is. Cottonseed C ottonseed: Consum ption (crush) bin.-it t . t t Receipts at mills thous. of she rt tons Stocks at mills, end of month ...thous. of shi •rt t ill* Cottonsee d cake and meal: Exports she.rt tens Production she Stocks, end of month she lions. Cottonseed oil, crude: Production thous, Stocks, end of month thous Cottonseed oil, refined: Factory consumption— Total (quarterly) thous ns In oleomargarine thous.:. Of PS Price, yellow, prime, New York dolls. Production thouv Stocks, end of month tlu.us, * By 74 fertilizer companies operating 101 plants, 27 SURVEY OK ClIRRKiNT BUSINESS A p r i l , l'.K!2 MONTHLY BUSINESS STATIST! OS—Continued Earlier datn for items shoicn here may be found in the 1931 Annual Supplement to the Survey 1933 U '; ory " January ; CHEMICALS AND ALLIED PKODUCTS— Continued I 1 Explosives Explosives, black powder, permissible and other high explosives: New orders thous. of Ibs.. Production, _ _ .thous. oflbs Shipments thous. of Ibs... Stocks, end of mouth .__tlious. oflbs., ! 19,095 ! 18,648 i 18 175 i 18, 595 ' j i Imports hoi 1 ton-i 2,,, so, Stoc.'ks, end of quarter ^hoit ton Edible gelatin: Production (quarterly) thous oflb^._ Stocks, end of ouarter thous. of lb->__' Fish oils: Factory consumption (quarterly) j _. thous. of IbsProduction (quarterly) thous. oflbs.. Stocks, end of quarter thous. of ibs Greases: Factory consumption (quarterly) thous. of Ibs Production (quarterlv) --thous. oflbs Stocks, end of quarter -thous. of Ibs _ Lard compounds: Production (quarterly) thous. of lbs__ Stocks, end of quarter thous. of Ibs Oleomargarine: Consumption thous. of lbs._ Production thous. of lbs_. .Vegetable oils: Exports thous. of Ibs Factory consumption (quarterly) mills, of Ibs Imports thous. of Ibs 67, 169 Production (quarterly)- -.mills, oflbs Stocks, end of quarter— Crude .. thous. of Ibs Refined _ _ _ _ _ . thous. of Ibs. 365 July June May April March 25, 058 25, 068 25,350 20, 3.04 2(5, 719 25, 981 26,611 20, 404 20, 441 26, 960 27, 379 21,135 28, 720 27, 647 28, 000 20, 639 26, 730 25, 414 26, 598 20, 929 February i ! 18,087 18,712 16,148 18,025 | Fats and Oils Animal fats (quarterly): Factorv consumption thous. oflbs. Production thous of Ibs ! ' Stocks, end of quarter thous- oflbs.J Animal glues: Production (quarterly) thou •> of Ibs Stocks, end of quarter thono. oflbs. \ Coconut or copra oil: ! Factory consumption — , Crude (Quarterly) __ thous. of lb^ RefinedTotal (quarterly) thous of Ibs In oleomargarine thous ol lbs__ 12, 74<> imports thou-i of Ib 3 ,il, (•">"> 39 37*, 1 'reduction (quarterly)-™Cru<le ILous ol Ibs Retined UK, us of ib*Stocks, end of quarter — Crude -.. thoir ol ibs Refined l i u v i s ot lb, Copra: Kactory consumption (qu u L ' i K ) Fertilizer Consumption, Southern States thous of short tons imports:; 'i'ot il lout? tons Nitrogenous long ion;-.. Other fertilizers long Ions Phosphates - luiij., tons Potash lopg tons Kx ports: Total long tons N itrogenous long tons. . Other fertilizers. _ _ ...longtons Phosphate material long tons-. Prepared fertilizer long tons, . Nitrate of soda, imports thous. of long tons. Superphosphate (acid phosphate): Production thous. of short tons Shipments thous. of short tons ; Stocks, end of month thous of short ions 1931 Decem- Novemi SepternAugust October i ber ber her ! 22, 057 24, 509 24, 035 18, 264 26, 970 ; 25, 282 25^610 18, 1 5 25, 437 24, 548 24, 807 19,956 25, 803 27! 408 17,888 25, 448 28, 751 27, 543 20, 219 i 1 17O o H) 3 222 5'- 3 5 21 5IS 67, 171 3 3 a 20 "> 17 f.l **. 8 3 3 11 / <30 7S 0'9 U, 027 3f>, 5V) i < 78 4% iO 917 29, 1 " 5 13, S < 21,^M> 9, 473 18,228 ( •) 70 ' 70, 170 - 3ss, 152 ! ' " 5, M.O 2v.»rr , 1 i r/, <>u -- 20, 95 i " 19," 352 3 O J 7Q- - 4, 57 1 ' 8,312 — 3,62 r > <• (. 54 i 139 128 ''138 255 3 8, 466 15,970 11, 329 26, 862 3 :i ir., o:w I 63 434 37,179 3 ]7 491 18,012 3 3 11,492 44, 034 9 1.446 66, 268 16,869 3 20, 207 75, 479 12,08(5 27, 550 3 20 1,1)32 3 200 123 ;1 19 1-2 1 19, Si2 2"> 1C'; 3; 23, 348 - 54 991 --- 3;! si 899 ' 67' 351 "'(» 154, 951 is 99.l' ^QS 23, 357 58 757 3 78 348 1\ 105 31,000 6,11)9 34, 845 2m,Mf> 3 17 3 ••166 069 588 27 6 983 3 559, 3 -t( 1 S-J7 3 17,871 18,927 3 71 229 25, 890 27 107 3 3 4, 415 8, 647 33, 133 4, 549 8, 642 ; 3 1 : 4{), 893 j 237 <r'3 ! 3 | j a 3 i 1 3 3 3 3 49 688 94 569 91,019 i 22, 838 22, 138 23,401 23, 965 83 074 3 , 230 1, 070 1, 814 455 59 225 3 4,S9 50, 633 a 441 3 ; 56, 509 ! |3 3 ; ji 172 !l 67 89 070 63,041 , 4 214 5,517 ' . 12, 245 , 70 75 \ 98, OSS 31,869 952 65,104 i 333 8 79,212 19,600 1,419 58,200 22 2 34 80, 469 11.877 9, 179 59,213 2'>0 37 ! 187 i I ' ! ' i il 66, *>77 ' 3, 2( 2 3, 8S i 17, 150 19, 618 19, 573 21, 154 19, 751 20, 335 1,008 1, 775 2, 356 2,154 3, 831 2,947 63,096 i 74,285 3 see 75,470 3 390 1,025 1 3 72, 280 829 68,3 238 674 52, 463 3 51 7 90Q 3 386 176 3 3 79, 809 610,812 531,666 94 91 40 25 74 195 1,132 1, 352 610 1 90 '22 52,837 ' 6 1 , 9( > 1 5, 516 ?' V7 1 3, 333 12, s;:' 50.0,1 J 16 "t(jn 127 599 47, 935 4, 703 65^ 013 97 358 24, 730 902 3, 768 67, 958 u* 97<> 37, 998 3, 983 3, 339 14,650 72, 159 46, 602 3, 01 9 4,832 17, 706 143, 250 102, 342 5,124 5, 578 30, 200 255, 905 170,587 9, 766 15, 158 60, 394 141,421 98, 435 5, 438 3, 726 33, 822 81,703 3, 2s 1 1, 567 1 27, 953 7, 554 89. 409 7,078 1, 164 80, 670 497 19 89. 194 7, 690 1,926 79, 472 306 30 307,918 6, 637 9, 498 93,049 734 34 150, 128 25, 146 10, 829 113,017 1,136 67 112,725 19, 819 7, 755 84, 682 469 120 104, 049 18, 336 4, 734 80, 696 283 68 146 55 162 106 195 407 226 305 249 131 996 3,101 3,836 2,287 70, 022 4, 0(13 6, 175 66, 440 91,410 13,452 5, 550 75, 114 ' '' '(57 30 '31 '' 9?5 49 135,207 7, 6S2 1,425 305,717 383 35 142 319 162 58 143 63 3,275 3, 158 75 188 65 • >-, 341 85 1,639 1,518 3,388 3,285 1,237 I 1,060 1 Flaxsecd 196 Flaxseed, imports ...thous. of bu._ 1,104 720 Linseed cake and meal: Exports thous. of lbs__ 34,265 20,563 ! 32, 838 Shipments from Minneapolis 14,518 thous. of Ibs 6,528 i 9,773 Linseed oil: Factory consumption (quarterly) s thous. of lbs-_ 57, 354 .065 ; .067 .071 Price, New York _ _ .dolls, per lb_ * 130,479 Production (quarterly) .. _ thous. oflbs.. Shipments from Minneapolis 3, 152 __ thous, oflbs 4,440 4,782 j Stocks at factories (quarterly) thous. oflbs,. * 154,490 2 Revised. 291 386 26 081 3 15, 460 14, 912 593 342 ^ 209,759 66 ! 53, 346 95 948 79, 012 13, 180 12, 636 16,483 i 9, 2R9 16,075 j 11,271 3 679,049 525,448 62 989 18,961 2 944 5,355 35, 729 : 2 3 3 95 140 19, 499 38,836 44 620 11,587 23 5, 405 3 3 3 3 278 216 22, 831 23, 173 1, 057 56, 1 18 3 1,033 3 3 55 715 3 94 985 3 51 943 90, 056 81, 072 306,559 9 4fi1 54 465 4, 647 262, 106 | 3 3 3 21 '"US ! 19 892 I ; 20,388 j 3 3 3 < 52 497 29 817 217,03 s - i 1,234 3,468 2,469 1, 339 3,685 1, 150 1, 496 827 3,333 952 42,782 49, 027 48,615 i 57, 736 53, 225 39, 769 38,372 30, 818 39, 847 18, 238 18,019 14,354 17,385 I 13,972 31,414 7, 653 8, 432 32,145 3 7, 827 11,046 3 70, 504 """"."083" _ - _ . _ „ . 3 95, 544 .....-_.. 74, 092 .076 . 086 ~~~.~088~ .095 3 3 143,205 ' 130,635 338,417 .092 3 .075 j 4, 125 ! " ."073" 3 6,806 4, 110 3 -1 3 107,508 ! 5, 675 6, 285 6,788 3 78, 200 Quarter ended in month indicated. 13,921 12, 792 11,552 3 113,192 9, 594 28 SURVEY OF CURRENT BUSINESS April, 1932 MONTHLY BUSINESS STATISTICS—Continued Earlier data for items shown here may be found in the 1931 Annual Supplement to the Survey 1931 1933 Febru- January ary Decem- Novem- October Septem- August ber ber ber July June May April March February CHEMICALS AND ALLIED PRODUCTS— Continued Flaxseed—Continued Minneapolis and Dulutli: Receipts thous of bu Shipments thous of bu Stocks, end of month thous, of bu_Oil mills (quarterly)— Consumption ._. thous. of bu Stocks, end of Quarter thous. of bu _ Price, No. 1, Minneapolis dolls, per bu_. Production, crop estimate-.- _ _ . thous. of bu_- 1,026 1, 159 1,605 1,452 924 1,422 2,766 786 1,381 2,436 406 747 378 386 675 789 501 790 456 424 784 309 314 973 498 185 1,205 426 286 1,293 1.46 11, 018 1.32 3 7, 610 3 4, 241 1.37 1.41 1.64 3 7. 205 ! 3 i. 198 1.48 1.55 1.57 33 6, 571 2, 345 1.58 1. 56 169, 695 1,815 140, 690 1,829 176, 973 1,860 172, 539 1, 845 114,205 1,866 210, 711 2, 000 231,207 2,013 210, 012 1,958 219, 053 1,903 208, 690 1,882 220, 066 1,839 28, 614 3. 30 426, 508 93, 980 3.61 486, 863 95, 642 3. 96 497, 438 101, 157 3.80 465, 466 116, 630 3.87 459, 588 129, 018 3.94 449,173 156, 810 4.28 439, 241 165, 500 4.68 436, 480 120, 819 4.70 351, 548 88, 741 4.73 310, 576 38, 977 4.64 266, 056 27, 322 4.38 300, 695 23, 196 94,331 23, 242 92, 258 21,440 93, 142 26, 102 101, 537 25, 058 108, 350 17, 074 112,295 28, 495 131, 942 34, 747 125, 289 33, 593 124, 830 35, 585 126, 534 33, 544 125, 919 32, 332 1 30, 490 5, 234 .40 101,081 19,814 .39 112,311 23, 147 .40 119,388 30, 849 .36 120, 953 28, 995 .37 J 15, 178 37, 112 '.36 114,41:1 53, 459 52, 345 . 39 .55 122,214 10<;,9G5 37, 026 .54 66, 248 26, 102 .56 53, 393 9, 511 .53 45,232 58, 202 3, 626 6, 392 3, 733 6, 002 3, 547 5, 143 3, 922 5,231 4*817 'J, 607 5, 358 4, 370 5, 307 6, 675 4, 535 5, 996 4,727 6, 344 8, 383 5, 740 9, 987 5, 634 13, 537 10, 277 5, 188 9, 181 5,768 12, 028 5,456 16,116 5, 021 18, 356 4,834 17, 143 4,761 16, 747 4,908 16, 795 4, 398 19, 998 4,092 18, 001 4,360 16, 643 5, 378 13,787 4,677 390 197 374 574 711 568 532 520 570 533 333 330 131 155 146 92 60 485 873 2,017 512 843 2, 006 541 965 2, 230 555 967 2,202 329 702 1,456 277 714 1,381 88 287 83 119 124 508 197 199 649 316 541 872 1.40 1.41 3 7, 112 3 3, 721 2 1.43 162, 330 1, 789 Naval Stores Pine oil: Production gallons _ 130, 046 1,724 Stocks, end of month thous. of gals.. Rosin, guru^ Net receipts, Southern ports bbls__ 29, 539 Price, "B," New York dolls, per bbL. 3.23 Stocks at 3 ports end of month bbls 383, 354 Rosin, wood: Production bbls 20, OOG Stocks end of month bbls 91, 762 Turpentine, gum: 3, 808 Net receipts, Southern ports bbls._ Price, New York dolls, per gaL. .39 Stocks at 3 ports, end of m o n t h bbls._ 86, 679 Turpentine, wood: 3, 121 Production bbls. . Stocks end of month bbls 6, 132 Hoofing Dry roofing felt: Production short tons Stocks, end of month short tons Prepared roofing, shipments: Grit roll thous. of sqs.. ShinglesIndividual and single thickness thous. of sqs_. Strip, patented, and hexagon thous. of sqs Smooth roll _ thous. of sqs. Total thous. of sqs - 4 5, 354 60 46 93 130 153 136 227 1, 097 1, 774 169 571 983 299 998 1,765 470 1,128 2, 302 535 1,198 2,597 466 1,067 2, 237 91 292 93 95 87 92 144.0 136. 5 142. 0 146. 4 147. 0 136. 2 126.8 122.0 116.8 122.0 68.1 211.8 81.3 204.4 97.4 213.1 111.1 191.7 106. 3 178. 2 97.0 189,7 96.1 193. 7 93. 5 202.1 97.3 197.9 FOODSTUFFS Production index: Food products (Fed. Res. Bd.) rel. to 1923-25Food and kindred products (elect, energy consumed) _rel. to 1923-25Stocks, manufactured foodstuffs rel. to 1923-25. Stocks, raw foodstuffs rel. to 1923-25 Candy Sales by manufacturers thous. of dollsCocoa Shipments from Gold and Nigerian Coasts, Africa long tons__ Imports --long tons Spot price, Accra, New York dolls, per lb._ Coffee Clearances: Total, Brazil for United States thous of bugs Total, Brazil for world thous. of bags.Imports thous. of bags._ Price, Rio No. 7, Brazil grades, dolls, per Ib Receipts, total Brazil thous. of bags_. Visible supply: United 'States thous. of bags. _ World. thous. of bags.... Revised. 2 94 127.2 129.5 2 84. 3 190. 9 2 98 124. 8 2 88.7 193.5 2 75.7 201. 0 2 66.5 206. 8 2 2 2 89 2 17,371 16, 870 22,909 23, 206 24, 110 22, 965 15,558 12, 176 15, 512 15, 680 21, 608 22, 062 21, 444 49, 330 29, 285 . 0422 52, 105 16,641 . 0432 44, 588 16,343 . 0425 23, 080 8,288 . 0494 7, 256 8,152 . 0475 6, 663 14,104 . 0463 4,355 13, 546 . 0525 7, 783 17, 746 .0581 1.1,870 14, 892 . 0563 11,720 22, 520 . 0494 33, 864 20, 242 . 0535 48, 353 20, 942 .0550 51, 550 13, 690 . 0563 (546 1,097 1, 149 .072 1, 769 823 1, 270 1,220 .071 1, 580 818 1, 507 1,203 .070 2,138 870 1,529 936 .063 2,319 805 1,485 907 .058 1,711 711 1,263 794 .056 1, 533 592 1,216 884 .056 1, 495 530 1,161 1, 100 .063 1,462 760 1,504 1,037 . 068 1, 535 643 1,333 1, 415 .061 3 , 755 1,080 1, 863 1,126 .053 1,550 849 1, 559 1,407 .056 1,565 889 1,590 1, 286 .064 1,648 1,340 5, 852 1, 359 6, 244 1,387 6,419 1, 299 6, 322 1,510 6, 127 1,555 6, 493 1, 592 6, 944 1,491 6,990 1,395 6, 724 1,345 6,286 1, 088 6,136 1, 148 5,963 1, 161 5, 879 157, 136 171, 991 160, 638 187, 114 189, 483 203, 731 197, 659 207, 978 220, 758 186, 041 175, 538 155, 766 2 22. 506 119,324 48, 895 .24 26, 643 121,054 47, 194 .31 42, 242 112,002 44, 925 .31 56, 229 121,052 43, 857 .34 80,152 118,202 42, 863 .33 104, 678 136, 769 45, 588 .28 115,121 158, 126 58, 522 .25 89, 172 190, 278 74, 154 .23 35, 155 177, 544 61,813 .24 17, 195 142, 529 53, 566 .26 18,010 125, 189 48, 739 .29 30, 672 108, 050 43, 251 .28 38,014 37, 257 42, 519 50, 202 47,384 47, 078 45, 394 51, 689 57, 266 49, 805 49, 271 39, 753 65, 728 752 157 3, 739 11,361 26, 860 73, 289 3,893 170 5, 195 9, 304 26, 725 78, 565 11,022 140 6, 057 10, 569 33, 424 81,743 21,945 112 7, 179 13,588 41, 480 83, 426 16, 688 116 5, 515 11,949 38, 993 86,418 11,929 124 4,389 14,264 45, 127 84, 003 11,496 148 3, 413 14, 190 53, 255 72,977 4,078 116 5,121 17, 480 63, 725 55, 939 1,517 139 5, 856 12, 145 54, 316 53, 172 505 121 6,471 11,445 42, 357 54, 270 491 208 4,611 11,717 37, 298 61,841 306 118 4.062 10, 408 28, 180 49, 406 .14 55, 775 .14 60, 583 .15 63,968 .16 65, 802 .17 68, 874 .16 68, 532 .15 58, 144 .14 42, 461 .14 40, 542 .15 41, 836 .16 47, 968 .16 Dairy Products BUTTER Apparent consumption thous. of lbs__ 156,087 Cold-storage holdings, creamery, end of month thous. of Ibs . ]5,229 Production (factory) thous. of Ibs.- 117,684 Receipts, 5 markets _ - thous. of lbs_. 49, 071 Wholesale price, New York dolls, per l b _ _ .22 CHEESE Total, all varieties: Apparent consumption thous. of Ibs... 42,174 Cold-storage holdings, end of month thous. of lbs_. 55, 508 Exports, Canada thous, of lbs_. 669 Exports, United States thous. of lbs._ 87 3,580 Imports, United States thous. of Ibs.Receipts, 5 markets.-.thous. of IDS. - 12, 075 Production (factory) thous. of lbs__ 28,481 American whole milk: Cold-storage holdings, end of month thous. of lbs_. 41,661 .13 Wholesale price, New York.-dolls. per lb-_ J 2 96 2 3 Quarter ended in month indicated. 4 As of Dec. 1. SURVEY OF CURRENT BUSINESS Apirl, 1932 29 MONTHLY BUSINESS STATISTICS—Continued Earlier data for items shown here may be found in the 1931 Annual Supplement to the Survey FOODSTUFFS— Continued Dairy Products— Continued EGGS Cold-storage holdings, end of month: Case thous. of cases-.. Frozen thous. of Ibs.Receipts 5 markets thous of cases 19 33 February 256 67, 289 1 090 1931 Novem- October Septem- August January December ber ber February June May April March 9,016 9,504 110,271 114, 700 1 053 1 180 9,507 113,513 1 862 7,887 106, 607 2 236 5,162 91,517 2 478 1,893 78, 051 2 046 408 73, 889 1 264 2663 72, 439 936 1,475 79, 198 652 3, 447 86, 407 578 5, 745 94, 816 7^2 7,960 103, 302 943 2 310 1 233 1 443 1 180 1 309 1 477 1 862 1 372 1 973 1 853 1 873 1 345 9 145 8 275 4.75 12 506 7, 929 4.75 15 130 8 607 4.75 17 264 10 032 4.75 20 349 11 007 4.75 22 504 15, 001 5. 00 24 071 16, 221 5.65 23 998 18, 992 5. 65 19 892 19 163 5.65 12 390 15 887 5.65 13, 227 16, 273 5. 65 13 051 16 171 5.79 4, 502 4,367 4,240 3,610 3, 659 4, 466 5, 892 5,024 5, 114 5,311 5,034 3,775 127,883 2.98 132,011 3.00 139, 844 3.00 129,802 3. 00 136,408 3.00 181,745 3.00 275, 931 3. 10 275, 280 3.20 230, 739 3.30 177, 754 3.50 150, 931 3.50 136.896 3. 50 2 MILK Condensed milk: ExDorts thous of Ibs 1 404 Total stocks, manufacturers, end of month — Case goods thous. of Ibs 7 467 Bulk goods _ thous. of Ibs. 7 911 Wholesale price, New York.dolls. per case4.75 Evaporated milk: Exports thous. of Ibs... 4, 064 Manufacturers' stocks, end of month —• Total case goods thous. of lbs_. 116,859 Wholesale price, New York.dolls. per case.. 2.98 Fluid milk: Consumption in rnfr. of oleomargarine thous. of lbs._ Production, Minneapolis and rft. Paul. . thous. of Ibs - Receipts— Boston, including cream.. thous. of qts._ Creater New York thous. of q t s _ _ Powdered milk: Kxports -thous. of Ibs ._ Manufacturers' stocks, end of month . thous. of Ibs 24, 963 Net new orders thous. of lbs_. 7, 762 Produotion, condensed and evaporated milk thous. of Ibs. 131 69C Exports, condensed and evaporated milk thous. of Ibs. 5 468 July 5, 106 19,267 117,829 5, 948 5, 625 6,142 4, 849 4, 199 2, 943 3, 432 3, 791 5, 387 5, 927 5, 814 31,732 2f. H54 25, 22-1 21,751 24,012 27, 436 33, 978 36, 244 32, 654 36, 245 33 026 19,598 20, 545 21,615 19,558 12 1,940 2 122, 770 2122,447 H 27, 988 21,021 124,491 19,028 118,763 2 18,529 110,028 2 21,023 1 0, 877 20,312 1 24, 180 * 117, 399 2120,002 2 17,444 107,305 1)70 854 1,017 964 1 , 085 1 369 1 414 2, 2,82 1 001 8, 494 9,914 9f; 7H 14,331 35 922 .11,002 38 216 11,816 •12 628 11,109 43 148 11,047 40 502 12,145 41,363 10,606 41 744 », 492 llo 920 139 197 119 741 137 085 174 207 232 389 242 688 195 021 178,395 302 039 5 683 4 790 4 968 5 943 7 754 6 396 7 087 7 164 6,907 5 120 64, 975 433 83 848 430 100, 138 539 91 873 632 69, 327 902 59 996 524 47, 423 340 59 883 384 91 083 290 101,817 334 38 446 300 63 997 15, 749 72 343 14, 155 74 667 20, 808 73,018 24, 947 68 083 28, 439 57, 518 33,612 48, 350 28, 626 39, 700 25, 655 31 983 24, 599 28 095 30, 949 38, 567 30, 081 56 560 20, 635 261 72f> 712 25 969 8,126 24 19K 8, 486 23 305 131 118 116 379 6 812 5 600 87 338 445 2 2 Fish Canned salmon: Exports, Canada. __ cases- _ 105, 113 Shipments, United States thous. of cases. . Cold-storage holdings, 1,5th of month.. _ ._ _ thous. of lbs__ 50, 661 Total catch, principal ports thous. of lbs._ 20, 318 Fruits and Vegetables Export value, fruits and preparations thous. of dolls Apples: Car-lot shipments carloads. _ Cold-storage holdings, end of month thous of bbls Production, crop estimate. __ thous. of bu_. Citrus fruits, car-lot shipments carloads.. Onions, car-lot shipments carloads Potatoes, car-lot shipments . carloads Production, crop estimate thous. of bu 6 978 7 414 6 617 11 563 16 181 9 162 8 041 7 587 5 692 6 549 6 446 10 717 8 946 8,197 8,149 7,245 14, 339 30, 137 12, 597 1, 869 3, 155 1,214 2 005 3,081 5,700 7 115 5 409 7 807 10 043 10 705 9 143 81 62 137 577 1 509 2 917 5 224 13, 680 1 503 18 638 12, 270 2 120 17 465 11 399 * 211,' 506 10, 684 11,049 2 194 2 304 14 368 13' 141 4 376 248 8,706 4 014 24 392 5, 688 3 776 IQ 979 6,073 2 258 11 717 9,407 1 657 20 161 10, 693 2 122 27 084 15, 585 3 703 23 895 15, 099 2 377 21 032 17,572 2 540 23, 601 13, 980 2 610 20 024 8,353 8 411 12, 578 14 999 17 296 13 124 13, 439 18, 750 13 161 11 224 8 118 6,061 5 067 .52 113 129 .51 276 .51 768 .50 717 .50 1,014 .45 678 .42 807 .39 896 .45 776 .48 745 .44 921 .44 1,715 3, 536 1, 653 4,030 2,005 4,226 234 .51 198 965 2, 344 4, 963 5, 400 4, 770 5, 152 4, 138 5,088 4, 089 1,801 3,449 2, 193 4,126 2, 523 4, 626 2, 446 5, 662 2, 484 7,840 2, 246 9, 583 thous of bu thous. of bu 291 177 1°0 4 630 508 6 348 256 6 318 165 5 912 °01 4 665 556 5 168 123 5 738 151 5 580 206 5 492 534 5 441 443 5 575 dolls, per bu.. .34 .37 .37 .43 .38 .42 .46 .57 .58 .56 .58 .60 .61 dolls, per bu dolls, per bu_. thous. of bu thous. of bu._ thous. of bu thous. of bu_. 36 .35 39 .37 40 .39 46 .44 45 .49 53 .58 52 .59 52 .56 53 .58 54 .60 54 .' 63 13, 561 2 921 18, 929 10, 421 3 603 14, 736 14,414 7 211 7, 364 8,447 6 364 5,592 11, 320 6 561 8,271 16, 152 8 955 8,536 13,417 10 589 7, 785 11,381 14 855 12, 286 17, 102 14 246 19, 676 18, 567 12 281 21, 998 21, 278 11 895 20,110 3, 692 64, 233 5 094 3 959 5 001 3 495 3 052 3 777 4 198 4,519 4 279 850 1 762 .26 4 1, 112 142 857 1 506 .23 627 1 166 22 429 836 .21 253 938 .23 374 770 .27 192 785 .28 179 822 .30 174 844 .31 120 940 .32 20 088 7,090 18, 605 15 960 7,398 17,468 10 239 12, 903 15, 577 12 963 5, 749 7,785 11 098 4,748 7, 654 10 525 5, 294 9, 892 9 871 7,604 13, 837 10 243 6,843 19, 103 11 895 7,123 22, 947 2 drains Total grain exports, including flour. _ thous. of bu . BARLEY Exports Price, No. 2, Minneapolis Production, crop estimate Receipts, principal markets Visible supply, end of month thous. of bu._ dolls, per bu__ thous. of bu thous. of b u _ _ thous. of bu_. 4 CORN Exports, including meal Grin dings (starch, glucose) Prices: No. 3, yellow, Chicago No. 3, yellow, Kansas City No. 3, white, Chicago Production crop estimate Receipts Shipments _ Visible supply, end of mouth HAY Receipts . _ Production, crop estimate ..number of cars thous. of tons _ 46 .43 *2 556,863 11, 741 10, 767 4 346 4 884 13, 192 10, 079 39 .38 3,561 3 487 .24 133 903 .25 255 1 151 .25 5,721 17, 808 11,334 4,545 16, 846 15 172 4,028 16,710 4 OATS Exports, including meal thous. of b u _ _ Griridings, Canada thous. of bu Price No. 3, white, Chicago dolls, per bu_. Production, crop estimate thous. of bu._ Production, oatmeal, and rolled oats, Canada thous. of Ibs Receipts, principal markets thous. of bu__ Visible supply, end of month thous. of bu._ 89 'Revised. 24, 422 4,532 17, 863 * As of Dec. 1. 30 SURVEY OF CURRENT BUSINESS MONTHLY BUSINESS STATISTICS—Continued Earlier data for items shown here may be found in the 1931 Annual Supplement to the Survey 1931 1932 Febru- January ary Decem- Novem- October Septem- August ber ber ber July June May April March February FOODSTUFFS— Continued Graias — Continued RICE Exports pockets (100 lbs.)._ 203, 622 Imports pockets (100 Ibs. ) _ . 15, 663 Production, crop estimate thous o f b u . _ Shipments: Total from mills _. . thous. of pockets (lOOlbs.).. New Orleans pockets (100 Ibs.) 98, 638 Southern paddy, receipts at mills thous. of bbls.. Stocks, end of month thous. of pockets (100 Ibs.)-- 148, 002 32, 111 193, 200 34, 081 720 57, 264 758 78, 972 322, 302 9,397 87, 630 3,756 108, 181 4, 475 100, 899 5, 443 239, 358 10, 009 260, 949 50, 472 203, 519 38, 748 211,843 41, 223 259, 578 37, 821 1,216 136, 328 1,396 199, 965 875 139, 048 427 78, 269 404 37, 121 601 75, 732 617 88, 718 780 68, 753 864 68, 349 933 74, 629 380, 658 4 11,859 45, 014 569 632 1,408 1,810 1,455 382 172 323 520 566 599 864 1, 906 1,987 2,051 1,805 1, 305 683 848 1, 051 1,293 1,388 1,561 1, 780 8 .46 30 .46 3 .45 9 .41 27 .39 14 .38 10 .37 15 .37 29 .36 .35 34 . 36 19 .37 580 8, 909 378 8, 934 9,025 27 .51 32, 746 751 9, 131 1, 213 9, 186 1,311 8, 922 1, 137 8, 267 472 8,687 862 8, 730 1, 035 8, 540 880 9, 262 855 10,440 716 11,110 10,966 24, 387 29, 596 24,436 16,843 J4, 258 14, 107 2 4 «8 31,687 6, 148 15, 5i; 12, if.r, 4, 074 7, 962 7, 896 9,519 11,924 8, 397 8,901 11 78 1 12,731 S, 1 36 11 84'* 6, 406 13,380 1 1, 873 15,406 3, 53 1 6 or)-1 8, 510 8,751 7, 039 11,561 8, 805 38 771 7, 443 f>, 671 RYE Exports including flour Price No. 2, Minneapolis Production, crop estimateReceipts, principal markets Visible supply, end of month thous. of bu dolls, per bu._ thous. of bu thous. of bu._ thous. of b u _ _ WITEAT Exports: Canada, including wheat Hour . - thous. of !)ii. J 1,4 IS) United StatesWheat only thous. of bu 4, 049 Including wheat Hour... thous. of bu. . 7, 852 Export value of wheat and flour thous. of dolls5, 057 Stocks, held by mills (quarterly) -thous. of bu._ Prices: No. 1, northern spring, IVlinneapolis dolls per hu . 75 No. 2, red winter, St. Louis— dolls, per bu-. .57 No. 2, hard winter, Kansas City dolls per bu .54 Production, crop estimate: Total thous. of b u _ _ Winter wheat thous. of bu. Spring wheat _ _ _ _ thous. of bu . Receipts thous. of bu 25, 000 Shipments thous. of bu 11,537 Visible supply, end of month: Canada thous. of bu 180, 966 United States thous. of bu 210, 147 401 5, 263 4 •M''9'994 . 75 .57 •79 .53 .52 17, 072 11, 005 1 1 3 r >S8 6, 769 139 00' i 3 3 1,357 137 3, 882 Si, 841 3, 234 .69 .47 . 65 .47 .61 .48 .74 . 72 . 8J 79 . 79 .80 .76 .78 .75 .79 .48 .43 .43 .44 .68 .73 ,73 .70 .69 32, 658 26, 851 38, 877 28, 325 61,463 104, 047 65, 987 29, 656 30, 385 30, 863 24, 061 21,230 30, 833 1 5, 570 30, 672 16, 601 116,462 136, 856 197, 563 160, 750 199, 561 180, 253 207, 138 183, 704 201, 862 .80 .62 .71 .59 •' 892, 271 4 787, 465 4 104, 806 13, 766 26, 405 15, 470 29, 470 45, 747 14,817 187, 974 211, 873 191, 180 220, 521 189, 675 230, 147 161,912 231, 049 122, 199 239, 431 101, 306 242, 846 217, 526 122, 318 190, 702 Consumption (computed) thous. of bbls__ 7, 604 Exports: Canada thous. of bbls 332 338 United States thous. of bbls__ 864 712 Grindings of wheat: 3, 798 Canada thous. of bu_. United States thous of bu ~~35~139~ 2 37, 290 Prices, wholesale: Standard patents, Minneapolis _ dolls, per bbl_. 4.59 4. 61 "Winter, straights, Kansas City dolls, per bbl 3. 40 3.30 Production: Canada thous. of bbls 851 United StatesActual (Census) thous. of bbls._ 2 8, 180 7, 694 Prorated (Russells').... thous. of bbls. _ 8, 788 2 Capacity per cent 49 51 Grai n offal thous . of Ibs . _ 310,536 645, 881 Stocks: All positions (computed) end of month _ __ thous. of bbls. 5,120 Held by mills (quarterly). -thous. of bbls._ 9,393 9,334 10, 462 9, 898 9, 843 7,642 6, 666 8,711 8,281 8,654 8, 738 451 895 476 858 558 785 557 709 522 640 467 1, 005 490 824 481 789 326 761 561 715 415 762 5, 275 37, 157 8, 102 45, 230 7, 565 47, 463 6, 772 44, 569 5, 992 44,412 5, 932 45, 362 5,033 35; 893 5, 304 36, 946 4. 719 39, 127 5,169 40, 137 4, 607 37, 939 4.85 WHEAT FLOUR 4. 51 4.84 4.28 4.24 4. 21 4. 13 4. 75 4. 85 4.71 4.67 3.22 3.03 3. 10 2.96 2.96 3.16 4. 12 4.14 4.02 4.00 4. 06 1,175 1,812 1, 694 1, 516 1,333 1,319 1,121 1,183 1,058 1, 164 1, 035 8, 148 9, 890 10, 167 65 789, 737 10, 399 11, 112 60 828,314 9, 658 10, 614 58 785, 106 9, 852 9, 847 59 802, 424 7, 763 7, 981 47 647, 400 8,015 8,739 50 663, 303 8, 494 9, 134 51 702, 189 8,724 8, 2 12 8, 750 56 678, 795 4, 577 ^ 4, 126 5, 975 6,000 6, 135 3 532 6,131 6, 000 4, 800 • > 2 830 4, 857 5,618 7, 035 6, 020 7, 145 6, 321 6, 386 6, 821 7, 074 7, 791 8, 477 10,082 10, 576 448, 863 404, 928 432, 312 416,822 404, 731 424, 672 421, 252 379, 405 335, 603 34, 407 1,604 446, 798 35, 171 41,055 411,952 45, 548 1,573 400, 529 49, 448 1, 468 419, 124 53, 150 981 400, 752 39, 050 1,837 430, 595 412,757 61, 111 1,444 374,151 67, 622 961 330, 321 1,037 2,137 961 1, 797 1,009 1,821 930 1,488 968 1, 540 980 1, 551 1,036 1,617 960 1, 535 812 1,303 582 1, 096 381 861 251 756 124 561 111 552 153 561 175 581 146 546 147 486 .156 . 148 .144 .129 .129 .143 .160 . 1 69 .178 .173 . 165 .158 . 145 . 145 .!» .172 .180 . 196 9.25 8.66 8.62 7.25 7.32 7.68 1 8. 56 9.08 9. 11 8,890 49 645, 812 : 9, 735 10, 61 1 61 781,318 3 9, 275 713,507 5, 620 :; 3* 712 Meats Export value, meats arid fats. -thous. of dolls.. 6,012 6,117 CATTLE AND BEEF Beef products: Apparent consumption thous. of lbs_. 340, 689 2 380,079 379, 927 343, 245 Cold-storage holdings, end of month __ thous. of Ibs. 51, 285 50, 943 53, 199 39, 158 Exports thous. of Ibs 1, 202 883 1, 046 1, 189 Production, inspected thous. of lbs_. 339,915 377, 068 393, 399 349, 598 Cattle movements, primary markets: Local slaughter thousands 841 876 907 905 Receipts thousands 1,376 1, 453 1,281 1,866 Shipments, stocker and feeder _ thousands. . 110 J30 245 487 Shipments, total th ousands _ . 427 478 607 905 Prices: Beef, fresh, carcass, good native steers, Chicago . - dolls, per lb . 145 . 130 .157 .164 Beef, fresh, carcass, steers, N r ew York dolls per lb .160 . 172 . 168 . 175 Cattle, corn fed, Chicago dolls, per 100 Ibs.. 9. 34 7. 98 8. 97 10.20 2 Revised. 3 2,077 Quarter eiaded in m onth ind cated. 1, 497 * As of Dec 1. SURVEY OF CURRENT BUSINESS April, 1932 31 MONTHLY BUSINESS STATISTICS—Continued Earlier data for items shown here may be found in the 1931 Annual Supplement to the Survey 1933 1931 Decem- N^'j October September ber Febru- January ary A Au S ust- July June May April March February FOODSTUFFS— Continued Meats— Continued HOGS AND PORK Hog movements, primary markets: Local slaughter thousands Receipts thousands Shipments, stocker and feeder. thousands__ Sh ipments, total thousands Lard (included in pork products): C old-storage holdings, end of month _ thous. oflbs Exports thous oflbs "Production . . thous. of Ibs Pork production: Apparent consumption thous. of lbs_. C old-storage holdings, end of month — Total thous. of Ibs Fresh and cured thous. of Ibs.. Kxports— Total thous. of lbs__ Other products than lard thous. of lbs__ Production, inspected thous. of lbs._ Prices: Hams, smoked, Chicago dolls, per lb_. Hogs, heavy, Chicago- -dolls, per 1001bs._ Lard, prime contract, New York dolls, per Ib 2, 806 4,210 40 1, 426 2, 297 2, 155 3, 462 72 1,311 1,663 2, 727 55 1,062 1,398 2. 454 49 1, 015 1,474 2,511 37 1,039 1,773 62 1, 427 2, 854 36 1,072 1,841 2, 938 33 1, 099 1,983 3, 067 36 1,058 1,962 3, 207 31 1, 234 2, 293 3, 704 37 1,417 78, 430 59, 851 171,331 51,224 65,598 174,090 34, 824 35, 205 125, 859 39, 766 43, 547 116, 124 69, 296 37, 790 97, 114 96, 047 34, 510 91,680 121,926 33, 824 109, 265 115,561 37, 786 123, 263 103, 366 39, 623 126, 323 95, 693 44, 769 129,090 78, 249 58, 395 127,516 74, 977 68, 760 147, 632 653, 596 644, 276 620, 021 679, Oil 601, 392 552, 387 540, 228 585, 146 581, 110 523, 963 563, 934 508, 890 1 61-S530 674, 151 563, 306 431,387 396, 563 420, 661 380, 895 544, 183 474, 887 691,110 595, 063 833, 737 711,811 890,212 774, 651 931, 117 827, 751 963, 217 867, 524 921, 920 843, 671 928, 385 853, 403 75,954 48, 224 56, 134 48, 550 48, 032 49, 193 53, 226 55, 557 59, 406 73, 610 83, 470 10, 357 9, 166 860, 315 ! 898,597 13, 019 678, 452 12, 587 611,171 10, 760 502, 673 13, 522 457, 105 15, 369 532, 757 15, 440 597, 185 15,934 601, 427 14, 637 624,301 15,215 630, 661 14,710 731,633 2, 464 3, 659 37 1, 188 2,707 4, 218 35 1, 510 93, 447 66, 674 j 563, 832 2 900, 273 806, 826 2 753,581 2 75, 728 69, 020 9, 054 786, 802 .147 3. 77 . 138 3.91 .153 4. 22 . 172 4.64 .182 5.41 .186 5. 71 .185 6.35 .173 6. 24 .174 6.39 .182 6.40 .184 7. OS .187 7.18 . 195 6. 73 .052 . 055 .060 .071 .080 .075 . 075 .082 . 083 . 082 . 090 . 091 . 085 56, 499 66, 436 60, 792 58,351 54, 679 55, 333 54, 604 59, 095 54, 919 50, 967 1, 985 56, 545 1,975 66, 546 1, 908 60, 754 1, 975 58, 46S 1, S92 53, 947 2,685 55, 678 2,371 54, 433 2, 529 58, 579 3, 063 54, 486 3,573 50,511 3.69 SHEEP AND LAM us Lamb and mutton: Apparent consumption thous. of lbs._ 50, 025 2 64, 275 ] 2 59, 683 Cold-storage holdings, end of mouth thous. of Ibs 1 , 756 1, 917 2. 318 Production, inspected thous. oflbs. 55, 851 63, 934 ! 60, 047 PricesSheep, ewes, Chicago __ dolls, per 100 Ibs ~2.98 2.00 2.06 Sheep, lambs, Chicago _ dolls, per 100 lbs_ 4.89 5.38 5.09 Sheep movements, primary marke ts: I vocal slaugh ter thousands _ - 1,233 1, 381 1,305 2, 363 2, 182 Receipts thousands. - 2,035 Shipments, stocker and feeder . _ _ _ ._ ._ ..thousands124 80 182 988 ! 919 Shipments, total thousands _ _ 706 A T i scellaneous meats : Cold-storage holdings, end of month thous. of lbs._ 73, 033 69, 249 i 65, 579 Total meats: 1, 098 21,048 Apparent consumption mills, of ibs 961 Cold-storage holdings, 1, 026 nnd of month mills, of Ibs 876 736 1,301 ! 1, 352 Production mills, of Ibs 2.00 1.63 1.63 1.98 2.56 1.55 2.44 3.29 3.79 4.98 5.70 5.94 5.95 6.06 6.98 8.36 8. 76 8.27 8.31 1,281 2,811 1,500 3, 956 3,461 3, 900 1,474 3, 270 1,342 2, 535 1,384 2, 587 1,464 2,810 1,410 2, 713 1,156 2,119 1,056 1,964 655 1,520 1,181 2, 468 1 , 104 2, 455 718 1 , 734 243 1 , 1 90 289 1,214 176 1 , 353 181) 1,301 103 JMS 105 90S 50, 664 48, 744 56, 881 66, 331 69, 026 75, 469 79, 331 81,359 85, 678 92, 741 1,020 1,194 1,067 1,043 1 , 012 1,015 1, 060 1,004 998 895 523 1, 085 506 1, 125 638 964 798 946 946 999 1,014 1, 053 1,062 1,078 1,100 1 , 096 1,072 1 , 059 1 , 092 1,112 89, 971 64, 731 65, 668 30, 377 56, 215 32, 409 43, 056 28, 655 30, 438 24, 871 32, 762 22, 164 35, 348 17, 252 45, 920 17, 443 69, 986 20, 600 95, 188 26, 008 114 69. 1 117 71.0 119 73.3 119 73. 7 120 74.6 119 74.0 118 73. 8 121 73. 8 121 70. :> 126 77.6 127 78. 0 18, 242 156,714 88, 595 i 101,544 75 | 561 140, 102 101, 278 623 134, 336 97, 725 666 1 60, 992 109,613 215,110 126,016 754 203, 030 119,664 843 148, 624 93, 548 930 137, 205 118,514 982 94, 865 238, 872 1,007 134, 928 546, 538 844 168,450 429, 576 461 POULTRY Cold-storage holdings, end of month Receipts at 5 markets thous. oflbs. .! 96,404 111,554 ! 116,700 thous. of ibs-J 20,530 25, 197 76, 149 Prices Retail food (Dept. of Labor) Yv holesale food rel. to 1913 . . ! rel. to 1926 .1 105 62.5 109 : 64.7 1 Sugar Cuban movement (raw): Exports loner tons Receipts at Cuban ports long tons.. Stocks, end of month. thous. of long tons_. Prices: Retail composite, 51 cities rel. to 1913-. Retail granulated, New York dolls, per lb_. Wholesale, granulated, New York dolls per Ib Raw: Imports— From Hawaii and Porto Rico long tons.. From foreign countries long tons— Meltings, 8 ports long tons.. Stocks at refineries, end of month ._ _ long tons _ Refined; Exports, including maple long tons__ Shipments, 2 ports long tons Stocks, 2 ports long tons.- 25,111 263, 549 301 98 98 100 102 102 104 104 102 102 102 104 106 107 .051 .051 .051 .052 .052 .052 .053 .051 .050 .050 .050 .051 . 053 . 041 .041 1 .042 . 044 . 045 .045 .046 . 046 . 044 . 043 . 014 . 043 .045 1 72, 792 264, 675 267, 038 93, 141 39, 191 196. 150 1 178,799 246, 324 | 283,570 53, 741 135, 308 231, 746 82, 062 186, 928 328, 310 126,970 202, 564 414, 066 1 35, 228 397, 042 376, 715 148,636 324, 848 469, 609 143, 382 239, 085 383,157 161, 260 151,815 332, 556 135, 457 279, 578 403, 337 150, 951 364, 493 351,169 151,980 212, 453 290, 337 263, 659 182, 257 181,363 187, 552 245, 694 321,815 429, 229 367, 252 400, 567 463, 730 445, 535 420, 650 329, 324 4,143 3, 865 3,068 3, 365 44, 745 1 32 239 2, 607 51, 378 31,220 3,598 4.1 , 538 34, 486 4,304 48, 20H 33, 047 4, 365 60, 502 41, 171 3, 896 76,412 37,116 3, 952 98, 879 3(5, 481 4, 329 78, 583 35, 030 3, 338 57, 670 5, 332 65, 633 43, 880 4, 612 49, 077 54, 665 3, 085 54, 570 29, 070 6, 39-1 ,215 10, 028 1 7, 748 7,8.13 . 225 10,27J .225 8, 568 . 225 6, 578 . 22 f 6, 953 . 225 4,135 295 0, 184 . 225 7, 995 5, 223 225 Tea Imports thous. oflbs Prioo, Korniosji, fine, New York.dolls. porll> .. 2 Revised. ; . 2i7 7, 977 . 225 32 SURVEY OF CURRENT BUSINESS April, 1932 MONTHLY BUSINESS STATISTICS—Continued Earlier data for items shown here may be found in the 1931 Annual Supplement to the Survey 1931 December Febru- January ary N m 0cu ^ -| >'- Septem- August ber July June May April March February FOREST PRODUCTS Lumber ALL TYPES Exports New orders re!, Production index (elect, energy consumed) re!, Stocks end of month rel. Unfilled orders end of month rel M ft b. m to 1923-1925.. to 1923-1925 to 1923-1925 to 1923-1925 65, 063 SO. 8 98. 3 84, 433 29.3 i 87,520 24.0 81.9 2 101.7 ! 35. 2 : 67. 0 105. 9 77,877 1 85,234 28. 0 27.5 | 29.2 89, 502 31.3 99, 633 33. 4 120, 354 35.2 120. 501 47.7 143. 558 35.6 135, 771 41.5 73, 818 40,3 67, 792 35. 7 76.4 ! 103.9 ! 25. 7 | 82.2 99.7 24. 2 82.2 105. 1 29.0 79.4 104. 6 33.7 76.9 104.2 38.2 86.3 101. 1 51. 4 97.2 106. 2 48.1 91.5 105.0 49.2 93,2 106.7 48.8 84. 2 109.0 8,314 73,002 9,457 76, 554 8,513 78, 274 10, 084 79, 017 8, 451 80, 051 7, 767 80, 816 5, 236 81, 158 3, 494 80, 251 3,249 36, 245 36, 966 3, 745 37, 279 3,432 37, 718 3,421 38, 816 3,368 39, 534 3,389 39, 657 2, 641 38, 628 3,712 2,737 3,447 21, 321 4,772 4, 245 3,116 3,778 21, 821 4, 955 3,327 2,629 3,315 23, 467 4,604 3,679 3,326 3,226 24, 191 5,312 » 3, 217 2 3, 921 2 3, 095 J 26, 793 ' 5, 333 ' 3, 535 * 3, 340 2 2, 786 2 26, 384 * 5, 431 24,771 RETAIL MOVEMENT Retail yards, 9th Fed. Res. Dist.: Sales M Stocks end of rronth \t Retail yards, 10th Fed. Res. Dist.: Sales M Stocks end of month M 47.7 ! ft b rn ft b in 1, 723 6(5, G3S 2, 808 1 64, 928 i 2, 932 63.374 6,379 ! 9,255 65,480 68,318 ft. b. in.. ft. b. in 1, 402 33, 054 1, 593 ] 33, 458 i 1, 697 3-1, 183 34, 718 FLOORING Maple: New orders M ft b. in Production M ft. b. m Shipments . M ft. b. m _ Stocks end of month M ft b. m Unfilled orders, end of month.M ft. b. m._ Oak: New orders M ft b. in Production .. M ft. b, m . Shipments M ft. b, m._ Stocks end of month A! ft b m Unfilled orders, end of month M ft. b, m 2.203 2, 570 2, 061 21, 588 5,072 ; 3.481 35, 207 3,280 | 1,742 . 2, 342 2,272 3, 027 1.759 1,928 21,438 21,511 4,911 5,083 56, 201 17, 537 4, 098 U,673 60, 781 16, 676 13, 457 12, 976 67, 748 19, 189 22, 251 120 68 120 8,150 7, 968 11,359 2.599 3,368 :! 2,760 2,797 2.812 2,481 1 2,703 20, 216 i 20, 042 2 4,851 I 3,778 13, 5.26 i 15, 973 2,783 3,134 3,144 20, 189 3, 775 3,312 2,973 3,397 21, 130 4,183 18,631 2J,736 15,744 19.299 13,907 18,203 68,293 ; 67,103 16, 928 22, 425 19, 486 65, 696 21, 464 65, 004 26, 390 24, 120 25,691 64, 798 21, 065 20, 984 23, 131 67, 619 24,710 24, 505 27, 745 76, 753 28, 575 25, 147 28, 155 76, 783 31, 407 23, 643 26, 243 78, 305 80, 943 17,987 14,334 1 15,589 17, 590 18, 194 21, 204 30, 176 30, 235 34, 095 36, 326 32, 719 105 86 109 131 ; 105 128 | 131 105 135 131 105 131 131 101 143 139 109 139 176 143 161 158 146 169 154 146 161 173 165 176 188 158 165 2,791 i 2,434 2, 854 2, 487 2,893 i 2,915 2, 524 i 2, 542 2,960 2,559 3,020 2,645 3,065 2,662 3, 126 2, 707 3,149 2,718 3,175 2,713 3, 205 2,731 3, 249 2, 769 356 ; 367 370 \ 374 387 375 402 419 431 463 473 481 560 476 595 • 504 ; 607 516 615 518 634 542 653 551 683 575 686 586 694 593 703 598 713 601 19, 54 S 21,713 HARDWOODS All hardwoods: New orders ...mill. ft. b. m_. Production mill. ft. b. m Shipments mill ft b m Stocks, end of monthTotal mill. ft. b. m._ Unsold mill. ft. b. m._ Unfilled orders, end of month mill. ft. b. m _ _ Gum: Stocks, end of month — Total mill ft b m Unsold mill. ft. b. m _ _ Unfilled orders, end of month mill ft b IP Northern hardwoods: Production _. M ft. b. in Shipments M ft. b. m._ Oak: Stocks, end of monthTotal mill. ft. b. m._ Unsold mill ft b m Unfilled orders, end of month mill. ft. b. m._ Walnut logs: Made into lumber and veneer M ft. log measure- _ Purchases M ft. log measure Stocks, end of month. _M ft. log measure.. Walnut lumber: New orders M ft b m Production . .. M ft. b. m . Shipments M ft b in Stocks end of month M ft b m Unfilled orders, end of month_M ft. b. m _ _ 549 470 80 84 92 91 98 92 102 108 100 101 106 112 8, 220 12,435 6, 382 12, 137 3,517 2,617 12,690 ; 15,378 3,210 14, 907 5, 864 13, 445 G, 173 9, 846 11, 878 11,690 10, 820 10, 330 12, 767 12, 806 17, 878 12, 631 17, 252 775 688 805 711 813 ! 728 '• 827 742 840 761 853 783 864 783 890 803 914 809 935 814 966 844 990 861 87 95 85 85 79 70 81 88 105 120 122 129 525 482 767 403 323 785 650 864 896 900 i 878 i 623 1 1, 145 1, 104 666 925 1, 113 707 709 776 510 523 666 442 958 674 293 1,135 828 519 925 719 845 816 699 1, 050 829 874 1, 172 691 528 662 12, 880 1,761 8.H 486 837 12, 279 l f 680 786 886 915 12, 606 1,974 1, 148 1, 110 i 1, 121 : 1,463 1,405 1, 720 1,861 1, 037 1,786 13, 176 1, 574 624 1,853 14, 543 2,981 996 1., 075 1, 223 15', 837 2, 918 1,181 1,382 1, 277 15,990 3,151 1, 393 1,141 1,506 15, 893 3,279 2,094 875 1,942 16, 265 3,522 1, 471 804 1,363 17, 236 3, 314 9, 900 11,892 SOFTWOOD California redwood: New orders (computed) M ft. b. m _ _ 17, 555 Production (computed) M ft. b. m._ 12, 202 Shipments (computed) M ft. b. m.. 14, 984 Unfilled orders, end of month (computed) _ . M ft. b. in 23, 987 Douglas fir: ExportsLumber M ft. b. m._ 21. 362 Timber M ft, b. m.. 13, 324 New orders M ft. b rn 112, 360 Price wholesaleNo. 1 common. .dolls, per M ft. b. m._ 10. 25 Flooring, 1 x 4 "B" and better, V. 22. 49 O dolls, per M ft. b. m._ Production M ft. b. n _. 115,911 Shipments _ _ M ft b. n 96, 244 Unfilled orders, end of month. M ft. b. n __ 111,017 North Carolina pine: Production (computed) __M ft. b. it ._ Shipments (computed* M ft b F Northern hemlock: Production _ M ft. b. m... 3, 910 Shipments M ft. 1 >. m _ _ 3. 465 3 Revised. 12,330 2, 173 2,934 1,252 887 1. 472 13, 926 2,821 14, 684 15, 025 16,383 ! 18,636 14,436 ! 15,931 15,333 ; 17,055 16, 007 14, 760 15, 734 15, 386 16, 270 17, 323 16, 576 14,717 18, 131 19, 321 16, 429 18, 253 19, 220 17, 616 21, 568 22, 480 18, 761 21, 898 24, 485 21, 795 24, 852 20, 695 23, 836 23, 555 17, 138 21,229 20,485 17, 585 17, 380 19, 331 20, 376 20, 237 22, 290 22, 726 23,613 29,549 i 36,714 19,007 i 21,874 135,637 I 151,305 38, 787 18, 020 158, 915 45, 308 25, 155 188, 460 53, 088 18, 186 181, 297 47, 766 35, 718 191, 146 69, 043 55, 586 188, 907 63, 159 37, 573 224, 272 15, 211 19, 964 217, 109 14. 951 14, 978 189, 355 11.21 11.27 10.97 10. 64 11.25 11.64 12.12 12. 68 12. 86 24.35 25.63 115,941 ! 149,962 126,684 1 162,049 105,197 | 81,472 25. 48 155, 334 16S, 525 125, 341 25.29 171, 897 175, 030 111,017 25.76 149, 067 173, 240 165, 630 25.98 199, 651 197, 413 162, 944 28.33 206, 813 221, 586 135,637 29.74 201, 889 200, 099 215, 766 31.14 186, 222 195, 622 196, 517 31. 65 179, 059 186, 669 26,670 ! 27,370 33, 110 24, 640 33, 320 24, 276 32, 375 27, 013 30, 408 30, 338 34, 293 30, 233 31, 780 31, 241 34, 454 27, 4 SO 33, 250 24, 318 32, 4 i 7 3,928 7.811 4, 804 7, 531 9,991 7, 864 10, 128 8. 640 10, 013 9, .'",54 9, 893 7. 894 8, 616 7. 437 6, 583 5. 432 6, OKf> 12,745 ! 12,825 2, 101 | 1 11,079 17, 133 13. 616 13, 077 21, 932 i 41, 785 21, 468 125, 789 115,046 11. 40 11.09 22. 84 99, 378 118,627 113. 703 102,511 113,703 29, 448 20, 737 23. 51 85, 501 25, 760 30, 310 3, 443 4, 682 3, 028 4,461 i 11.23 | 35,, 350 3,581 ! 6,366 ! 181,745 5. 508 33 SURVEY OF CURRENT BUSINESS April, 1932 MONTHLY BUSINESS STATISTICS—Continued Earlier data for items shown here may be found in the 1931 Annual Supplement to the Survey 1932 1931 Febru- January Decemary ber N °bVeerm" October Septem- August ber February July June May April March 21, 956 7,888 151, 484 27.78 61.4 119, 828 155, 511 82, 551 29, 925 8,745 146, 860 27.82 61.7 121, 994 151, 488 83, 013 30, 278 12, 535 140, 322 28.15 62.4 126, 739 138, 663 83, 475 34, 067 5,827 157, 920 28.82 63.9 148, 048 165, 004 83, 958 32, 544 10, 256 169, 015 28.32 68.2 165, 325 180, 306 104, 307 22, 478 6,261 174, 020 29.66 65.8 164, 929 175, 742 121, 401 21,309 4,935 170, 709 28.42 63.0 153, 831 163, 926 106, 932 127 125 125 1,225 128 137 119 1,245 114 156 125 1,230 107 135 122 1,204 141 141 125 1,196 109 112 120 1,174 112 66 107 1,174 85 64 78 92 99 99 79 54 83 59 105 82 118 118 FOREST PRODUCTS— Continued Lumber — Continued SOFTWOOD— Continued Southern yellow pine: ExportsLumber M ft. b. m Timber _M ft. b. m_. New orders M ft. b. m Price flooring dolls, per M ft. b. m__ Price index rel. to 1926.. Production M ft. b. m Shipments M ft. b. m Unfilled orders M ft. b. m.. Western pine: New orders mill ft b m Production mill, ft b. m ! Shipments mill. ft. b. m__ Stocks end of month mill ft. b. m 20, 039 3,668 119,329 16, 457 3,931 105, 553 25.16 88, 727 117,478 73, 773 79, 979 99, 001 60, 837 25, 793 8,636 72, 751 26.31 58.3 77, 749 73, 059 50, 925 18, 425 4,056 111, 307 26.31 58.3 110,803 108, 668 62, 013 20, 895 5,017 134, 757 26.49 58.7 117, 241 142, 254 58, 464 18, 936 5,663 138, 204 27.21 60.3 116,511 142, 170 74, 235 VENEER Kotary-cut veneer: Receipts Purchases no. of carloads .no. of carloads.. Furniture Household furniture and case goods: Grand Rapids district— Cancellations percent new orders.. New orders no. days' production Outstanding accounts, end of month no. days' sa^es Plant operations per cent full time Shipments. no. days' production. . Unfilled orders, end of month no. days' production.. Southeastern districtShipments dolls., a v. per firm _ Unfilled orders, end of month dolls., av. per firm-Steel furniture. (See under steel manufactured products.) Wholesale prices: Beds .rel. to 1926. . Dining-room chairs, sets of six rel to 1926 Kitchen cabinets rel. to 1926 Living-room davenports rel. to 1926. _ 5.0 16 8.0 11 6.5 15 8.5 14 8.0 16 7.0 15 6.5 13 4.5 27 13.0 9 8.0 13 12.0 14 6.0 13 32 68.0 11 31 56.5 11 35 72.0 12 38 83.0 17 39 72.0 19 36 73.0 16 32 80.0 14 32 74.0 12 31 70.0 11 33 67.0 13 34 64.0 13 35 63.0 13 12 13 11 15 20 22 23 11 15 15 17 23, 519 35, 388 64, 122 66, 042 59, 233 55, 063 43, 077 46, 431 52, 390 62, 382 50,858 14, 469 16, 268 22, 100 42, 180 47, 706 47, 997 56, 865 19, 338 28, 248 29, 798 34,160 70.3 91.0 95.3 74.2 73.1 91.0 100.1 74.2 73.1 91.0 100.1 82.0 73.1 91.0 100.1 82.0 80.4 92.1 100.1 84.2 82.9 92.1 102.9 88.2 85.2 92.1 102.9 88.6 85.2 93.0 102.9 89.8 86.8 94.0 102.9 89.8 90.7 94.0 102.9 93.2 90.7 94.0 102.9 93.2 90.7 94.0 102.9 92.3 79 3 79.8 85.0 88.7 89.4 88.0 87.6 87.5 87.6 86.9 2 108 2 113 17 LEATHER AND LEATHER PRODUCTS Prices, wholesale, composite rel. to 1926-. Production index (Fed. Res. Bd.) rel. to 1923-25.. Production index (elec. energy consumed) rel. to 1 923-25. _ Stocks, end of month rel. to 1923-25.. 284 90.6 83.2 2 67.6 86.4 81.6 82.5 71 2 75 288 79.2 85.4 75.2 82.2 81.8 80.4 81.9 80.1 77.1 77.4 83.8 77.6 85.4 78.2 81.0 79.5 2,739 4,261 3,879 3,481 16, 712 2,327 9, 473 4,783 2,333 20, 492 3, 164 10, 846 5,533 4,472 25, 856 3, 265 11,934 6,858 3, 360 27, 445 5,058 11,870 7,556 3,368 29, 513 6,211 9,313 7,686 3,472 28, 332 3, 646 7,528 9, 321 3,313 26, 053 66 247 55 75 259 98 80 247 193 80 204 117 78 162 81 77 148 71 686 388 5,387 1,581 614 355 4,218 1,505 781 407 3,772 1,804 687 393 2,955 1,667 727 357 2,500 1, 598 2 2 2 2 2 2 96 290 83.9 80.3 71.2 81.2 76. 1 82.1 4,512 6,812 8,274 3,091 24, 437 3,337 4,404 6, 160 4,453 19,616 1,818 6, 8<>7 6,292 3,280 19, 468 1,339 4,149 3,991 2,890 13,417 92 164 56 103 158 23 101 172 27 85 154 32 58 161 32 706 356 2,767 1,491 667 417 3,251 1,516 704 425 3,408 1,444 690 471 3,488 1,493 635 416 3,523 1,324 559 353 4,142 1,223 .073 97 95 99 100 Hides Imports1,202 Calfskins .thous. of Ibs. 1,107 5,209 7,115 Cattle hides thous oflbs 4,399 Goatskins thous. of lbs._ 3,632 3,755 Sheepskins . thous. of Ibs. 2, 697 Total, hides and skins thous. of lbs_. 17, 159 18,015 Inspected slaughter of livestock: Canada — Cattle and calves— thous. of animals.. 62 65 264 240 Swine thoiis. of animals Sheep and lambs.. -thous. of animals. _ 35 48 United StatesCattle thous of animals 653 Calves thous. of animals. _ 347 Swine .. .__ . thous. of animals. _ 5,027 1,679 Sheep thous. of animals__ Prices: Packers, heavy, native steers (Chicago) ... _ _ .dolls, per Ib. .076 .066 Calfskins, No. 1, country (Chicago) .074 dolls, per lb_. .065 Stocks, end of month: 29, 313 Calf and kip skins ._ thous. of lbs._ 245, 477 Cattle hides thous. of Ibs.J Sheep and lamb skins thous. of Ibs.J 34, 158 Total hides and skins . thous. of Ibs ! 308, 948 Raw Sole and belting: Exports (sole only) thous of Ibs Price, oak, scoured backs (Boston) dolls, per Ib Production — Sole only, thous. of backs, bends, sides, _ Sole and belting thous. of lbs-_ Stocks, end of monthFinished .. thous. of Ibs • . In process of tanning thous. of Ibs. J 2 Revised. .078 .082 .077 .090 .113 .120 .100 .085 .092 .090 .078 .085 .083 .098 .129 .139 .129 .129 .135 .128 .117 29, 562 237, 186 33, 720 300, 468 27, 089 221, 891 33, 659 282, 639 26, 977 217, 394 33, 152 277, 523 27,413 221, 343 34, 649 283, 405 28, 325 212, 299 35, 376 276, 000 29, 033 206, 317 35, 223 270, 573 26, 027 209, 697 34, 034 269, 758 24, 150 216, 400 35, 026 275, 576 23, 662 220, 846 32, 926 277, 434 23, 132 223, 182 34, 168 280, 482 24,104 225, 315 33, 172 282, 591 188 213 280 309 531 546 459 652 983 1,143 1,442 949 713 .33 .32 .32 .32 .35 .39 .40 .37 .37 .37 .37 .37 .37 977 15, 151 1,011 17,111 1,003 17, 053 1,127 19, 531 1,088 18, 765 1, 160 19, 837 1,097 19, 281 1,076 19, 522 1,034 18, 388 1,137 20,406 984 18, 219 951 17,386 88, 761 63, 770 88, 358 66. 244 86, 348 68, 705 83, 463 69, 850 80, 773 69, 172 81,319 68, 931 81, 906 67,212 85, 626 67, 070 85, 848 67, 938 87, 196 68, 933 88, 044 71,122 90,321 72, 488 34 SUKVEY OF CURRENT BUSINESS April, 1932 MONTHLY BUSINESS STATISTICS—Continued Earlier data for items shown here may be found in the 1931 Annual Supplement to the Survey 1932 1931 Febru- January Decem- Novem- October Septem- August ary ber ber ber July June May April February March LEATHER AND LEATHER PRODUCTS— Continued Raw— Continued Upper leather: Exports thous. of sq. ft._ Price, composite, chrome, calf, black "B" grade dolls, per sq. ft.. Production. _thous. of sq. ft.. Stocks— Finished thous. of sq ft In process of tanning -.thous. of sq. ft.. 8,094 6,550 6,418 9,718 7, 926 6, 529 6, 635 7,463 9,234 9,211 8,752 9, 347 7,700 .271 .298 50, 120 .320 49, 405 .323 48, 262 .330 60, 682 .337 65, 543 .348 69, 626 .350 67, 234 .352 63, 229 .356 60, 542 .356 62, 536 .352 61, 515 .354 54,706 261, 588 120, 178 270, 673 116,212 272, 328 115,028 267, 705 116,578 254, 306 126, 146 250, 478 131,095 246, 424 128, 425 250, 612 126, 684 254, 142 124, 330 257, 195 125, 722 261, 057 127, 867 264, 392 128, 967 112, 004 129, 569 243, 948 233, 394 226, 754 223, 837 164, 205 182, 077 171,968 191, 120 175, 988 158,485 58 113 136 136 142 132 140 167 194 177 185 130 Manufactures Gloves and mittens cut dozen pairs. . Shoes: Exports thous. of pairs.. Prices, wholesale — Men's black calf blucher (Boston) dolls, per pair.. Men's dress well tanned calf, oxford (St. Louis) dolls, per pair.. Women's black kid, McKay sewTed ... . _ dolls, per pair. _ Production— Total thous. of prs_. Men's thous. of prs._ Boys' and youths' thous. of prs__ Women's thous of prs Misses' and children's thous. of prs Slippers, all types thous. of prs__ All other footwear thous. of prs... 71 5.75 5.75 6.25 6.31 6.55 6.75 6.75 6.75 6. 75 6.75 6.75 6.75 6.75 4.25 4.35 4.35 4.35 4.35 4.35 4.35 4.49 4.60 4.60 4.60 4.60 3.00 3.00 3.15 3.15 3.15 3.15 3.15 3.25 3.25 3.25 3.25 3.25 20, 960 5,112 1,377 8,112 2,842 1,101 2,417 19, 556 5, 354 1,485 5,419 2,579 2,642 * 2, 077 18, 518 5,107 1,449 3,864 1,854 4,317 1,927 25, 381 6,129 1,776 8,133 2.105 < 717 2,521 31, 293 7,423 1,991 11,883 2,785 4,171 3,040 33, 475 2 8, 246 2,078 13, 103 3,140 3,931 2,978 28, 614 7,349 1,739 10, 400 2,846 3,431 2,849 27, 839 7,244 1,605 9,596 2,835 2.974 3, 585 28, 452 2 6, 736 1,647 10, 058 3,128 2,812 4,072 29, 888 6,641 1,768 11,042 3,846 2, 454 4,137 29, 364 6,254 1, 654 11, 888 3,712 2,045 3,811 23, 971 5,687 2 1,437 9,644 2,983 1,370 2,849 42.9 56.0 59.9 3.00 IRON AND STEEL New orders . rel. to 1923-25 . Production index (Fed. Res. Bd.) _-_ . . rel. to 1923-25 . Production index (elect, energy consumed) rel. to 1923-25., Stocks, manufactured goods, end of month rel. to 1923-25 Unfilled orders, end of month rel. to 1923-25 _ Ore Iron ore: Consumption thous. Imports thous. Receipts— Lake Erie ports and furnaces _ __ thous. Other ports thous. Shipments from mines thous Stocks end of month— At furnaces ._ ._ thous. On Lake Erie docks thous. Total thous. Manganese ore : Imports thous. 41 78.2 117.8 of long tons.. of long tons.. 1,159 77 of long tons. _ of long tons.. 0 0 of long tons 0 2 46.8 56.2 59.0 57.9 83.6 74.5 45 250 58 260 266 270 2 75 73 76.3 78.3 78.0 83.1 86.6 106.8 108.1 119.4 116. 5 123.4 49.2 125. 3 52.4 123. 3 53.0 128.7 53.4 130.1 57.6 136. 6 60.3 138.9 62.4 142. 8 67.4 145.7 C9.6 139.7 68.6 1,230 90 1,311 94 1, 451 70 1,470 99 1,652 92 1,832 128 2,114 122 2,675 194 2,826 163 2,835 169 2,368 95 0 0 457 277 2.029 1,162 2,873 1,440 3,229 1,658 3,191 1,735 2,369 1,428 599 656 n 106 0 0 0 0 35. 6 36.1 243 M2 251 77.6 70.0 77.0 118. 8 127.5 46.0 1,154 89 ! 0 I °0 l 2 45 2 421 3,094 4,179 5,065 4,956 3,808 1,769 176 0 0 33, 184 33, 687 31, 998 29,385 26, 451 23, 556 21, 968 23, 292 25, 751 28, 247 5,874 6,048 39, 232 6,080 39, 767 5,974 37, 972 5,686 35, 071 5,366 31,817 5,157 28, 713 5,147 27, 115 5,430 28, 722 5, 765 31,516 6,011 34, 258 8 9 21 27 22 38 37 21 33 9 10 70 66 56 103 248 69 58 40 72 215 77 55 48 87 225 96 86 67 116 243 111 82 68 137 260 99 79 70 123 231 101 92 70 117 226 108 82 60 123 229 126 105 77 134 232 122 123 93 140 252 122 134 98 136 261 108 107 84 118 268 19, 607 2 22, 036 23.0 223.5 21, 479 22 22, 216 21, 222 21, 572 19, 811 21.5 21, 503 20, 206 18, 971 18.3 17, 984 18, 336 18, 558 20.4 20, 444 17, 802 17, 854 18.6 18, 485 18, 727 18, 705 18.9 18, 821 20,904 19, 667 20.0 20, 223 23, 985 22, 495 24.5 24, 248 28, 602 28,716 32.1 31, 964 36, 957 36, 507 36.3 36, 682 38, 342 35, 098 35.9 35,758 37, 092 33, 042 34.4 34, 076 33, 124 14 14 12 18 40 371 1,463 49.0 56 336 1,639 54.9 51 410 1,994 66.7 54 404 2,020 67.6 57 356 2, 032 68.0 46 317 1,707 57.1 108 01, 8.50 0 of long tons.. of long tons.. of long t ons. _ 5,767 of long tons. _ 3 5,810 17 1 Iron — Crude Gray-iron castings: Production av. tons per foundry-New business av tons per foundry Unfilled orders av tons per foundry Material received... av. tons per foundry.. Material on hand.__av. tons per foundry-Malleable castings: New orders . _~ short tons _ Operating activities. . .per ct. of capacity... Production _ .short tons _ Shipments short tons Pig-iron production: Canada thous. of long tons Merchant furnaces thous. of long tonsUnited States, total. ..thous. of long tons.. United States, total rel. to 1923-25 Pig-iron furnaces in blast, end of mouth: Furnaces, end of month number-Capacity, end of month.long tons per day. Prices, wholesale: Basic (valley furnace) ..dolls, per long ton.. Composite pig-iron dolls, per long ton-Foundry, No. 2, northern (Pittsburgh) dolls, per long ton.. . 71 G9 55 82 240 964 32.3 973 32.6 980 32.8 1,103 36.9 1,173 39.3 1,169 39.1 23 297 1,281 42.9 65 33, 280 61 30, 630 56 29,365 67 35, 810 70 36, 530 73 38,600 76 39, 085 82 45,230 91 50, 855 105 61, 085 113 66, 980 116 67, 880 14.63 15. 36 15.00 15. 55 15.00 15.86 15.00 16.02 15.25 16.23 15.50 16.32 15.50 16.38 15.50 16.38 15.50 16.40 16. 25 16.64 16.50 16.75 16.50 16.72 17.02 17.36 17.46 17. 76 18.39 18.76 18. 76 18.76 18.76 18.76 18.76 18. 26 IS. 51 77, 122 57, 713 55, 970 783 131, 871 54, 274 44, 848 770 55, 602 83, 230 83, 494 705 75, 683 146, 023 147, 698 741 105, 181 247, 732 270, 880 842 158, 495 257, 941 288, 422 978 208, 072 195, 946 213, 852 1,106 201, 956 155, 723 159, 568 1,089 178, 101 156, 769 166, 923 1, 069 174, 244 154, 650 148, 749 1,014 227, 605 150, 227 149, 057 997 210, 584 95, 765 94, 251 916 1 178,224 ! 114,593 1 116, 186 j 797 4,194 8,406 """4,317 ! 3, 159 5, 228 3,035 j1 5, 094 8,497 36, 036 35,411 ; 36,872 11, 731 6,502 13, 923 41, 257 9,148 4,678 10, 262 48, 095 7,204 4,662 7,309 53, 558 5,520 3,977 6,071 57, 274 4, 948 4, 654 5, 055 59, 876 4,525 5,069 4,787 59, 770 3,741 6,553 4,232 60, 221 1 16. 75 16. 82 Iron— Manufactured Products Cast-iron boilers: Gas-fired boilersProduction thous. B. t. u Shipments thous. B. t. u Shipments _ _ dollars.. Stocks, end of month. ..mills. B. t. u.. Round boilers — New orders. thous. of lbs._ Production thous. of lbs._ Shipments thous. of Ibs Stocks, end of month... thous. of lbs._ Revised. 2 4,311 I 4,864 4,071 57, 794 s 3,912 5,509 4,183 56, 878 35 SUEVEY OF CURRENT BUSINESS April, 1932 MONTHLY BUSINESS STATISTICS—Continued Earlier data for items shown here may be found in the 1931 Annual Supplement to the Survey 1932 19.31 Febru- January ary Decem- Novem- October Septem- August ber ber ber July Juno May April March February IRON AND STEEL— Continued Iron—Manufactured Products— Contd. Cast-iron boilers— Continued. Square boilers — New orders .. ._ thous. oflbs. Production. thous. oflbs. Shipments thous. of Ibs Stocks, end of month thous. of Ibs. Cast-iron fittings: Production _ short tons.. Shipments short tons. Malleable fittings: Production _ _ - short tons. Shipments short tons. Radiators: New orders thous. sq. ft. heating surfacc.. Production thous. sq. ft. heating surface. _ Shipments. _thous. sq. ft. heating surface. . Stocks, end of month thous sq ft heating surface Range boilers: New orders number. Production number-Shipments number Stocks, end of month. .. number _. Unfilled ordersTotal -_ . number . Delivery, 30 days numberDelivery, more than 30 days-number. _ 14, 246 8,275 108, 388 10, 908 7,964 12, 193 101,777 19, 029 11, 741 19,137 106, 617 27, 999 19, 751 31, 479 113, 226 22, 547 14, 231 25, 328 124, 657 19, 967 15, 264 19,413 137, 143 14, 765 13, 028 15, 184 139, 469 12, 200 13, 256 11,422 141, 522 10, 049 13, 140 9,537 139, 773 8,091 15, 981 8,448 136, 840 9,771 14, 700 8,851 129, 643 9, 122 15, 957 8, 632 124, 238 5, 381 4,778 5, 475 7,638 4,592 5,822 3,650 4,442 4, 059 4,779 4,165 4, 508 4,976 5,088 5,603 5,379 5,763 5, 665 6,288 5,897 2,412 2,026 2,973 3,610 2,466 2,964 1,959 2,041 2,114 2,330 2, 365 2,489 2,471 2,784 3,075 2,995 3,290 3,242 3,379 3, 432 4,330 5,957 4,293 4,451 6,781 4,013 4,483 6,801 4,4io 4,867 3,257 4,413 3,489 5,627 8,302 5,560 8,465 10, 342 7,292 11,282 8,508 5,090 9,262 8,365 4,572 7,960 6,606 4,194 6,834 6,428 5,025 5,759 4,863 5,164 5,003 33, 681 32, 225 34, 388 36, 798 40, 549 44,834 47, 414 50, 183 50, 953 50, 632 48, 978 45, 969 36, 059 36, 883 37, 383 26, 921 40,816 32, 975 39, 018 27, 421 26,066 32, 862 26, 743 33, 464 37, 427 37, 918 36, 930 26, 605 46, 680 51, 769 50,127 25,617 42, 109 39, 211 41, 754 23, 975 35, 674 32, 003 33, 636 26, 518 39,066 44,611 46, 036 28, 151 39, 428 42, 012 41,001 29, 576 41,768 43, 799 41, 744 28, 565 43,287 48, 250 47, 148 26, 510 48,- 733 48, 051 49, 861 25, 408 40, 807 42, 083 41,944 27, 218 7,466 5, 760 1,706 8,790 7,240 1,550 6,992 6,092 900 7, 520 6,309 1,211 7,023 5,423 1,600 10, 470 8,470 2,000 10, 115 8,054 2,061 8,077 5, 922 2,155 15, 047 12, 752 2,295 16, 620 9,944 6,676 16, 596 8, 599 7,997 20, 457 10, 882 9,575 21, 585 11,708 9,877 Steel— Crude Prices, wholesale: Composite, finished steel dolls, per 100 Ibs _ Iron and steel composite .dolls, per long ton.. Steel billets, Bessemer (Pittsburgh) dolls, per long ton_. Structural-steel beams (Pittsburgh) dolls, per 1001hs__ Sheets, black, blue, galvanized, and fall finished: New orders net tons.. Production— Per cent of capacity _. __per cent.. Total . net tons _ Shipments .net tons Stocks, end of month — Unsold net tons Total net tons _ Unfilled orders, end of month. ..net tons__ Steel castings: New orders — Total short tons Miscellaneous short tons Railroad specialties _ short tons Per cent of capacity per cent__ ProductionTotal _ - - short tons.. Miscellaneous. .. ._ .short tons. _ Railroad specialties short tons.. Per cent of capacity.. per cent Steel ingots, production: Canada thous. of long tons.. United States, total— .thous. of long tons.. United States, total rel. to 1923-25.. Per cent of capacity per cent.. U. S. Steel Corporation: Earnings thous. of dolls Unfilled orders, end of month. . - thous. of long tons . Unfilled orders, end of month rel. to 1923-25 . 2.11 2.11 2.16 2.18 2.18 2.20 2.19 2.20 2.19 2.22 2.23 2.22 29. 56 29.98 30.32 30.61 30.81 31.03 31.05 31. 05 31.02 31.39 31.61 31.66 31.65 27.00 27.75 28.80 29.00 29.00 29.00 29,00 29.00 29.00 29.50 30.00 30.00 30.00 1.53 1.51 1.60 1.60 1.60 1.60 1.60 1.65 1. 65 1.65 1.65 1.65 1. 65 108, 441 121, 258 99,706 102, 867 117,195 120, 688 122, 849 144, 461 163, 599 148, 612 191, 987 236, 310 168, 564 32.5 124, 157 116, 715 31.2 118, 921 112, 971 26.3 101, 570 103, 400 26.7 102, 758 94, 975 33.1 122, 739 129, 365 32.0 116,842 123, 371 34.9 123, 752 151, 529 46.3 174, 890 178, 460 40.3 147, 843 156, 160 56.6 201, 846 191, 942 58.2 213, 608 211,118 61.1 224, 322 208, 207 57.2 192, 218 179, 138 72, 857 124, 342 118,022 73, 540 119,288 126, 508 80, 191 126, 540 119,677 74, 763 133, 296 147, 169 70, 465 137, 243 159, 367 67, 337 143, 153 167, 366 75, 288 149, 533 170, 122 77, 953 160, 959 203, 358 75, 618 168, 013 304, 107 82, 532 169, 444 296, 731 85, 415 176, 846 325, 169 89, 334 189, 915 383, 280 92, 047 181,614 343, 439 17, 015 2 17, 344 13,615 2 13, 065 3,400 4,279 12 12 20, 799 13, 863 6,936 14 20, 001 12, 832 7,169 14 22, 854 15, 893 6,961 16 23, 073 17, 050 6,023 16 27, 458 20, 610 6,848 19 32, 869 19, 248 13, 621 23 26, 136 18, 539 7,597 18 39, 052 27, 746 11, 306 27 46,039 29, 844 16, 195 32 48, 184 37, 172 11,012 33 40, 320 31, 184 9,136 28 18, 759 2 18, 456 14, 494 * 13, 790 4, 265 4,666 13 13 22, 064 15, 898 6,166 15 23, 139 16, 138 7,001 16 24, 113 16, 747 7,366 17 26, 948 19, 683 7,265 19 30, 186 21, 529 8,657 21 31, 751 23, 339 8,412 22 35, 018 25, 608 9,410 24 43, 154 31, 083 12, 071 30 48, 282 35, 439 12, 843 33 56, 755 42, 544 14,211 39 49, 548 35, 638 13, 910 34 28 1,594 46.1 30 31 1,592 46.1 28 33 1,548 44.8 28 52 1,719 49.7 31 45 1,886 54.6 34 56 2,076 60. 1 38 75 2,506 72.5 45 91 2,722 78.7 49 99 2,994 86.6 54 83 2,502 72.4 49 2.21 1,460 42.2 28 1,461 42.3 27 21 1,302 37.7 24 1,032 1, 249 1,690 2,559 2,960 3,662 4,499 4, 183 5, 136 7, 191 6,156 2,546 2,648 2,735 2,934 3,119 3, 145 3,169 3,405 3, 479 3, 620 3, 898 3,995 3,965 53.3 55. 5 57.3 61.4 65.3 65.9 66.4 71.3 72.9 75.8 81.6 83. 7 83.0 743 801 967 977 911 1,075 910 956 1,114 1,078 1,059 1,188 1,010 1, 057 1,092 1,074 1, 272 1,221 1,306 1,305 1, 424 1,480 1,487 1,522 1,478 1, 563 546 605 615 780 826 790 919 966 948 897 896 952 986 212 229 267 269 295 299 267 226 304 310 304 310 307 358 328 371 452 449 506 409 408 423 456 481 402 382 255 272 273 419 378 383 390 441 483 480 383 398 424 81 91 109 112 110 117 124 129 134 123 104 Steel— Manufactured Products Furniture, steel: Business groupNew orders thous. of dolls. _ Shipments thous. of dolls Unfilled orders, end of month thous. of dolls ShelvingNew orders thous. of dolls Shipments thous. of dolls Unfilled orders, end of ironth thous of dolls Iron, steel, and heavy hardware, sales rel to Jan.. 1921 Iron and steel: Exports - _ _ . -. . long tons Imports long tons Lock washers, shipments thous of dolls Steel barrels: Production ... ... barrels.. Per cent of capacity per cent.. Shipments barrels Stocks, end of month ... __ .. barrels Unfilled orders, end of mon th thous. of barrels- . 2 Revised. 40, 492 20, 302 40, 660 25, 346 121 57, 263 18, 125 81 59, 526 23, 104 80 59, 335 23, 335 85 69, 768 24, 509 83 73, 338 21, 898 84 84, 466 28, 255 96 75, 585 30, 987 122 91, 407 29, 689 172 101, 081 40, 606 179 109, 512 33, 343 177 91,212 22, 479 163 367, 472 25.3 369, 882 40, 319 359, 685 26.2 352, 135 42, 729 382, 483 27.9 385, 435 35, 179 453, 547 32.7 444, 201 44, 050 489, 555 35.3 492, 145 34, 704 451, 562 31.7 452, 960 37, 294 449, 590 31.6 455, 502 38, 692 580, 565 40.7 581, 450 44, 604 552, 955 38.9 549, 781 45, 489 610, 788 43 1 618, 801 42, 315 591, 399 41.9 600, 566 50, 328 550, 583 39.9 554, 332 59, 495 450, 134 33.1 449, 485 63, 244 1, 176 925 620 549 638 914 1, 030 939 1,078 1,053 1,195 1,253 1, 392 36 SURVEY OF CURRENT BUSINESS April, 1932 MONTHLY BUSINESS STATISTICS—Continued Earlier data for items shown here may be found in the 1931 Annual Supplement to the Survey 1933 1931 Febru- January Decem- Novem- October Septem- August ber ary ber ber July June May April March ~ IRON AND STEEL— Continued Steel— Manufactured Products— Contd. i 12, 600 Steel bars, cold finished, shipments short tons 15, 459 13, 808 12, 182 13, 034 11,576 14,413 16, 360 22, 768 25, 141 25, Oil 21, 727 Steel boilers, new orders: 2 2 2435 2560 2652 245 267 383 2401 2 659 2642 2564 2786 2 625 Area thous. of sq. ft__ 583 Quantity number 282 2644 204 2471 2864 2797 2786 2788 2624 2482 2399 2655 2596 Steel plate, fabricated, new orders: 18, 268 24, 282 27, 261 Total short tons _ . 17, 475 17, 613 20, 839 33, 473 26, 210 16, 442 22, 806 29, 916 31, 056 24, 438 1,138 O il storage tanks short tons 1,755 2,538 4,115 4, 783 778 1, 955 4,024 4,136 2,411 4,679 7,749 3,585 Structural steel, fabricated: New orders— Computed total ._ short tons 62, 400 2 48, 400 ! 97, 600 90, 800 109, 200 194,400 124, 000 159, 600 172, 400 152, 400 284, 800 178, 800 158, 800 2 12.1 22.7 Per cent of capacity per cent 15.6 27.3 48.6 31.0 39.9 43.1 38.1 271.2 24.4 44.7 39.7 Shipments600 122, 800 111, 600 143, 600 149, 200 167, 600 180, 800 159,200 145, 200 158, 800 149, 200 Computed total-- . short tons.. 78, 400 2 65, 159, 600 2 245.2 Per cent of capacity _ per cent 19.6 27.9 35.9 16.4 ! 37.3 241.9 239.8 36.3 239.7 237.3 30.7 239.9 Track work, production short tons. 2,765 1,948 2,162 3,472 4,409 2,936 2, 373 3,924 5,705 8,564 8,944 7,453 6,321 Enameled Ware Baths: New orders no. of pieces Shipments no. of pieces. . Stocks, end of month no of pieces Unfilled orders, end of month no. of pieces.. Lavatories: New orders ._ no. of pieces Shipments no of pieces Stocks, end of month no. of pieces Sinks: New orders no of pieces Shipments _ _.. ._ no. of pieces Stocks, end of month no of pieces Miscellaneous sanitary ware: New orders no. of pieces.. Shipments no. of pieces Stocks, end of month ...no. of pieces.. Small ware (except baths) : Unfilled orders, end of month no. of pieces Porcelain enameled flat ware: New orders — Total dollars Signs dollars-Table tops _ .dollars. . All other dollars - . ShipmentsTotal dollars-Signs dollars Table tops - .- ._ dollarsAll other dollars.. i 13, 686 15, 793 129, 726 24, 445 25, 473 126, 718 35, 703 36, 022 131, 858 33, 578 34, 980 134, 392 35, 463 37, 633 139, 496 46, 704 47, 922 138, 759 43, 228 43, 584 145, 140 42, 991 45, 512 152, 206 40, 111 40, 449 163, 037 33, 196 34, 938 166, 158 28,011 30, 616 160, 851 8,866 10, 973 12, 001 12, 320 13, 722 15, 892 17, 110 17, 466 19, 987 20, 325 22, 067 17,083 18, 947 162, 033 30, 269 30, 844 161,911 43, 238 44, 963 169, 509 41, 489 43, 372 176, 825 43, 521 45, 262 190, 226 53, 226 53, 585 192, 552 49, 181 50, 575 209, 841 51, 395 54, 520 218, 067 45, 440 43, 221 232, 277 33, 851 36, 642 230, 817 30. 883 34, 438 212, 395 19, 786 23, 095 212 825 34, 997 34, 163 212 783 44, 287 46, 437 224, 726 43, 518 43, 070 226, 440 43, 174 44, 907 236, 005 51, 341 52, 963 245, 354 49, 928 51, 676 255, 269 54, 693 56, 845 260, 426 52, 771 49, 443 273, 154 41, 532 41, 787 267, 828 35, 873 39,211 259, 442 8,959 10, 770 82, 487 17,418 17, 718 83, 492 26, 854 26, 175 86, 401 21,911 22, 231 86, 640 27, 324 28, 073 86, 455 27, 106 29, 082 94, 260 27, 463 26, 453 98, 384 21, 243 24, 490 101, 673 22, 995 21, 719 107, 917 18, 641 18, 811 109, 508 15, 781 17, 768 107, 439 29, 481 36, 465 36, 506 39, 702 41,457 45, 680 49, 637 51, 769 60, 293 53, 470 56, 686 537, 926 234,015 97, 390 206, 521 451, 740 224, 287 83, 056 144, 392 465, 431 159, 107 110,963 195,361 706, 284 206, 012 205, 756 294, 516 701, 487 213,856 175, 642 311, 989 564, 093 170, 313 128,350 265, 430 649, 894 245, 943 168, 362 235, 589 637, 688 249, 455 132, 869 255, 364 716, 502 283, 526 148, 700 284, 276 670, 171 242, 938 161, 172 266, 061 707, 480 264. 769 173, 064 269, 647 623, 973 263, 677 122, 836 237, 460 381, 607 141, 231 94, 926 145, 450 512,019 268, 259 88, 218 155, 542 492, 242 168, 489 123, 793 199, 960 692, 415 182, 077 201,935 308, 403 704, 428 222, 332 180, 650 301, 446 638, 431 229, 459 131,675 277, 297 690, 801 278, 732 163,979 248, 090 706, 838 290, 032 140, 545 276, 261 739, 656 290, 429 151,647 297, 580 691, 107 256, 906 160, 892 273, 309 738, 358 293, 356 174, 347 270, 655 628, 969 270, 886 120, 623 237, 460 New orders, net no of pieces Shipments no. of pieces.. Stock, finished, end of month.. .no. of pieces.. Unfilled orders, end of month. ..no. of pieces .. 84, 514 93, 431 167, 562 79, 233 99, 791 100, 536 201, 839 88, 150 100, 194 100, 708 190, 034 88, 895 100. 275 111,422 191,933 89, 409 110,372 106, 466 199, 308 100, 556 106, 928 118, 358 203, 213 96, 650 101,784 108, 525 211,622 108, 080 122, 642 126, 368 200, 227 114,821 135, 674 125, 652 211,972 119, 578 118,510 127, 055 204, 586 109, 556 130, 895 117,445 213, 574 118, 101 98, 869 119, 725 215, 628 104, 651 Bathroom Accessories Total: Production no. of pieces. _ Shipments no. of pieces.. Stocks, end of month no of pieces 46,311 2 64, 968 64, 972 2 64, 403 643, 139 2 661, 800 121. 490 104,849 645, 909 154,106 166, 839 629, 268 160,401 153, 126 648, 161 163, 462 144, 466 640, 886 147, 999 162, 497 621, 890 203, 283 192, 246 636, 388 189, 979 192, 848 625, 351 181,955 177, 051 628, 220 173, 588 166, 084 623, 316 121, 546 122, 745 615,812 1 — Plumbers' Woodwork Shipbuilding Rate of activity (elec. energy consumed) rel. to 1923-25 Building or under contract, end of monthMerchant vessels thous. of gross tons.. Completed during month— Total _ gross tons. Steel, seagoing gross tons 99.2 3,703 2,610 Machinery Total exports thous. of dolls.. 13, 800 Air conditioning equipment: New orders— Total thous. of dollsAir washer group . thous. of dolls Fan group thous of dolls Unit heater group thous. of dolls.. Electric hoists: New orders— Quantity no of hoists 143 Value dollars 53, 188 Shipments -dollars- 58,011 Electric overhead cranes: New orders _ _ thous. of dolls 56 Shipments thous. of dolls. 57 Unfilled orders, end of month thous. of dolls. 396 Foundry equipment: New orders rel to 1922-24 32.9 Shipments - - . rel. to 1922-24 15.7 Unfilled orders, end of month rel. to 1922-24. . 41.3 2 Revised. 93.2 94.6 95.0 84.5 88.9 85.6 82.0 84.8 89.7 92.5 98.3 252 249 279 288 294 299 326 359 370 397 409 412 2,913 1,594 23, 055 19,549 23, 229 19, 402 4,261 1,201 27, 906 25, 002 11, 554 7, 150 30, 471 25, 363 22, 647 16, 964 34, 527 28, 613 13, 766 4, 985 17, 443 13, 976 25, 622 9, 703 11, 400 17, 700 15,700 20, 200 24, 700 20, 400 22, 700 28, 300 26, 600 31, 100 29,400 243,900 753 30 361 363 2 1, 108 275 2 514 2519 2 1 , 387 285 22 6 4 2 660 2 1, 576 298 2630 2848 2 1, 516 2620 2814 2 1, 449 287 2621 2740 2 1, 796 2104 2889 2803 2 ] , 622 2139 2 852 2631 2 1, 738 2215 2831 2693 2 1,495 290 2830 2574 2 1,2 367 112 2779 2477 2 1, 240 273 2 629 2537 82 32, 921 36, 332 140 59, 907 48, 045 104 48, 243 65, 714 165 71, 451 62, 493 132 63, 032 81,465 203 85, 526 73, 163 192 90, 964 142, 143 220 109, 245 122, 189 293 142, 692 115, 809 276 125, 550 101, 746 261 117,216 134, 995 205 113,862 112, 363 65 40 70 138 44 102 73 157 84 235 91 345 160 435 261 410 307 310 274 416 671 261 268 530 281 114.8 383 372 435 497 581 736 990 1,264 ],413 1,420 1, 552 1,207 20.5 28.8 26.3 24.9 17.2 32.9 45.9 26.2 31.9 29.6 16.9 37.4 38.7 55.7 40.9 90.4 54.1 118.6 57.7 69.7 174.4 72.9 54.7 55.4 29.1 36.5 40.8 56.8 35.6 32.1 51.8 70.1 123.8 1KO 1 214 fi Q2 K 37 SURVEY OF CURRENT BUSINESS April, 1932 MONTHLY BUSINESS STATISTICS—Continued Earlier data for items shown here may be found in the 1931 Annual Supplement to the Survey 1931 1932 Febru- January Decem- Novem- October Septem- August ary ber ber ber July June April May March February IRON AND STEEL— Continued Machinery— Continued Machine tools: New orders rel. to 1922-24 38 Shipments rel to 1922-24 44 Unfilled orders, end of month... _.rel. to 1922-24.. 97 Oil burners: New orders no. of burners.. Shipments . . . . no. of burners Stocks, end of month no. of burners. . Unfilled orders, end of month no. of burners.. Patents granted: Agricultural implements number . 60 Internal-combustion engines number. 57 Total, all classes ._ . . number 3, 963 Pulverized-fuel equipment: New orders, central systemFurnaces and kilns.no. of pulverizers ._ 0 Water-tube boilers.no. of pulverizers .. 0 New orders, unit system — Fire-tube boilers no. of pulverizers. _ 0 Furnaces and kilns.no. of pulverizers _ _ 0 Water-tube boilers-no, of pulverizers.. 12 Pumps (water): Domestic shipments — Pitcher, hand, and windmill no. of units ._ 18, 090 Power, horizontal type. .no. of units.. 446 Steam, power, and centrifugal — New orders. thous. of dolls 508 Shipments thous. of dolls. _ 426 Unfilled orders, end of month. .thous. of dolls. 1,802 Pumps (gasoline and other) : ShipmentsGasoline — Hand operated _ units Power operated units OtherHand operated units Power operated units Stokers, mechanical, sales: Power horsepower Quantity number Water-softening apparatus, shipments __. no. of units321 Water systems, shipments no. of units.- 4,224 Woodworking machinery: Cancellations thous of dolls New orders thous. of dolls Shipments thous. of dolls.. Shipments no. of machines-Unfilled orders, end of month thous of dolls 59 47 68 57 56 92 45 85 74 95 62 72 72 96 105 91 87 96 118 92 84 73 104 97 97 140 182 202 212 232 238 225 204 3, 566 3,804 9, 190 5,852 6, 413 8,860 13, 542 14, 234 8,326 12, 329 12, 536 9,748 10, 621 10, 035 10, 155 8,010 7,491 10, 113 6,046 6,044 9,193 5,132 5,562 8,553 5, 528 5,248 10,036 4, 836 4,406 8,603 3, 699 3,531 8,645 305 2378 616 1,177 1, 869 2,076 1, 490 971 I 969 1,399 1, 119 689 51 52 3,913 75 72 5,303 79 44 4,163 54 57 4,074 62 66 4,750 54 69 4,088 55 60 3, 962 79 ; 67 i 5,270 I 60 58 4, 270 67 68 4,167 67 68 4,789 44 76 3,715 0 0 0 0 0 0 0 1 0 0 1 0 0 0 0 0 0 o 0 2 0 2 2 1 § 1 2 2 0 0 5 2 0 1 4 1 3 1 4 5 1 11 4 3 14 3 1 0 1 1 9 2 2 13 3 0 2 17,2 703 864 2 22, 926 2 1, 057 25, 984 1, 084 2 229, 619 2, 224 108 2 3,570 3,643 9,574 2 7 2 222, 554 343 2 19, 458 2 376 2 2 2 35, 260 2, 331 2 2 33, 574 2 2, 253 1 2 26, 772 2 2, 154 2 29, 153 2, 163 2 2 29, 752 1, 783 2 2 39, 706 J, 664 2 449 390 561 700 475 627 563 696 599 886 775 800 874 944 875 1,028 921 1,037 1, 075 918 950 1,036 765 873 1,726 1,680 1, 852 2,023 2,161 2,449 2,441 2,471 2,605 2,762 2,616 2,717 17,993 63 13, 849 66 2 2 2,101 4,274 2 17, 849 1,151 ! 2 51 50 267 i 5, 245 2 2 2, 203 3, 893 2 19, 770 11,072 48 2 24, 051 13, 231 62 370 4, 009 2 2 2, 280 4, 311 2 458 5, 237 2 2 2 3, 3C6 5, 627 27, 639 1, 664 2 2 2 2, 810 4, 939 22, 579 1, 562 2 2 2 3, 378 6, 252 27, 217 1, 501 2 2 2 4, 428 7, 644 44, 015 1, 504 2 4, 927 9, 880 46, 239 1, 677 2 6, 593 13, 295 2 2 47, 130 1,413 2 2 2 2 2 2 20, 339 83 22, 462 96 29,971 128 20, 735 101 29,889 111 23, 646 80 18,723 65 567 9, 006 605 29,336 2 2 518 6, 267 2 500 6, 909 2 429 8, 119 2 525 7, 936 2 692 7, 863 2 756 6, 331 2 591 5, 625 8 377 347 371 7 345 379 331 6 447 572 513 16 533 448 421 46 503 463 391 21 487 513 393 10 484 451 356 16 527 545 400 13 474 491 421 340 336 356 534 479 516 518 479 502 NONFERROUS METALS AND PRODUCTS Production index (Fed. Res. Bd ) Production index (elec. energy consumed Stocks, end of month Stocks, raw materials, end of month 2 rel. to 1923-25.. rel to 1923-25 74.8 197.3 rel to 1923-25 135.2 72.7 199.6 2 146. 8 63 62 68 72 74 78 82 76.0 200.7 71.0 202. 1 75.0 200.9 73.3 199. 9 69.3 203. 3 78.6 213.7 94.0 219.3 94.6 220.4 103.5 219.9 112.3 224.4 154.5 167.4 163.9 152. 0 147.9 137. 7 127.7 122.4 126.9 144.8 130.7 552 1,466 2, 018 2 1,326 2 2 2 731 1,646 2, 377 716 21,797 2 2, 513 2 2 i Raw Materials Babbitt metal consumption: Direct by producers thous. oflbs.434 Sale to consumers thous. of lbs._ 1,143 Total apparent- _ thous of Ibs 1,577 Copper: Exports, refined ... short tons . 17, 572 Domestic shipments, refined short tons Price, wholesale, electrolytic (N. Y.) .dolls, perlb .0597 Production— Index (Fed. Res. Bd.).rel. to 1923-25-. Mines _. ._ short tons Refined (N. and S. America) short tons Smelters _ . __ _ ._ .short tons Stocks (N. and S. America), end of monthBlister -._ short tons . Refined short tons Refined. rel. to 1923-25 WTorld production, blister __ .short tons Lead: Ore shipments— Joplin district short tons Utah short tons Production, refined ._ short tons 28,081 Production (Fed. Res. 54 Bd.) rel to 1923-25 Price, pig, desilverized (New York) dolls, per lb__ .0371 Receipts in United States, ore-short tons 2 Revised. 64 70.9 200.1 rel to 1923-25 497 702 1,546 2, 278 832 1,779 2, 611 463 1,281 1,744 2 1,047 2 2 2 16, 831 13, 599 15,215 11,429 17, 201 40, 459 19, 271 45, 816 22, 381 43, 144 23, 244 50, 217 22,951 45, 265 24, 179 54, 567 31,536 74, 685 28, 947 60, 636 .0706 .0658 .0656 .0678 .0699 .0729 .0770 .0803 .0867 .0939 .0985 .0972 60 38, 088 59 38, 925 59 38, 228 67 44, 473 68 45, 580 69 46, 452 70 48, 702 76 47,504 86, 704 47, 012 90, 190 47, 246 96, 408 46, 503 98, 275 51,652 102,695 53, 734 100, 501 52, 085 102, 058 57,922 99, 853 55, 229 178, 425 479, 896 423. 9 120, 689 176, 105 455, 775 402. 6 121,655 179, 658 440, 417 389.1 121,504 187,353 413,474 365. 3 126, 722 190,578 398, 667 352.2 130, 486 193, 876 367,921 325.0 128, 877 198,811 354, 205 312.9 136,958 203, 224 363, 629 321.2 128, 685 2,911 25,305 31,966 3, 064 27, 711 34, 144 2,290 31,577 32, 157 1,432 28, 806 30, 708 1.881 41,576 39, 519 1,995 34,816 35, 498 3, 762 35, 498 41, 775 2,508 46, 902 39, 464 2 2 2 2 2 2 577 1, 624 607 1,239 1,846 2 2 j 32,180 i 33, 576 1,401 27, 535 31, 671 1,524 34, 807 36, 546 59 i 262 258 66 .0375 31,279 i .0379 28.611 .0394 28, 406 .0396 32, 788 1,278 1,823 65 ' .0440 33, 228 404 1,347 1,751 66 .0440 33, 385 2 2 511 1,393 1,905 62 .0440 30, 136 2 2 58 . 0392 32, 551 2 2 75 .0382 35. 677 687 21,778 2 2, 465 69 276 279 .0441 34, 694 .0453 37, 878 . 0455 35,512 38 SURVEY OF CURRENT BUSINESS April, 1932 MONTHLY BUSINESS STATISTICS—Continued Earlier data for items shown here may be found in the 1931 Annual Supplement to the Survey 1932 1931 Febru- January ary i Decem- Novem- October SeptemAugust ber ber ber July June May April | March ii February NONFERROUS METALS AND PRODUCTS— Continued Raw Materials— Continued Tin: Deliveries (consumption) long tons.. Imports (bars, blocks, etc) long tons.. Price, wholesale, Straits (New York) . .- .dolls, per lb. Stocks, end of monthUnited States _ long tons World visible supplv. long tons.. Zinc: Ore, Joplin districtShipments short tons Stocks, mines, end of month j .short tons Price, slab, prime western (St. Louis) - -dolls, per Ib Production - _ short tons.. Retorts in operation, end of month. ...number.. Stocks end of month short tons 2,825 2, 254 2 3, 550 2, 412 3, 550 5,301 5,385 5,607 5, 015 4, 882 5, 270 5,249 5,100 5,587 .2575 .2502 \ 2203 2184 .2135 .2281 .2276 .2468 4,578 51, 300 5, 342 50, 043 6.254 51,313 7, 458 50, 583 6, 773 50, 602 5, 868 50, 722 19, 446 16, 228 14, 854 83, 000 85, 610 6,630 6,126 6,120 6,986 5, 100 5,903 . 2341 .2320 .2512 .2707 . 2631 5, 633 i 5, 698 51,626 | 51, 231 6,212 48, 462 7,917 48, 607 : 5, 862 49, 339 20, 243 12, 059 14, 395 22, 470 27, 261 17, 163 25, 389 79, 533 76, 566 70, 935 65, 480 61, 110 63,001 ' 58, 534 .0389 21, 365 I . 0342 23, 483 1 .0331 25, 688 .0372 29, 137 . 0400 32, 328 ! . 0401 29, 562 19, 022 i 20, 624 138,928 143, 049 26, 672 143, 212 .0321 20, 526 . 0338 21, 674 .0374 21, 356 .0382 21, 467 21, 752 129, 506 22, 044 129, 886 19, 875 129, 825 19, 428 130, 865 21,374 130, 666 20, 417 130, 155 19, 305 129, 701 19, 266 131, 833 1,277 1,513 1, 862 1,231 3,975 1,956 3 157,304 151,586 5, 505 5, 483 17, 113 .0315 21, 965 3 5, 185 4, 698 ; 81, 190 .0301 22, 516 3, 610 ; 6,213 - 5, 838 51,707 j 50, 987 .0282 21,516 Manufactured Products Electrical equipment: Delinquent accounts, electrical trade. (See under Distribution movement.) Electric furnaces, new orders. . . kilowatts. . 1,982 Electric goods, new orders (quarterly) thous. of dolls. . Electrical porcelain, shipmentsGlazed nail knobs. ..thous. of pieees.. Special ..dollars. Standard dollars Tubes thous. of pieces. . Unglazed nail knobs-thous. of pieces-Industrial reflectors, sales . units.. 38, 748 Laminated phenolic products, shipments thous. of dolls _ 363 Manufactured micaShipments thous. of dolls.. 86 Unfilled orders, end of month thous. of dolls 75 Motors (direct current) — Billings (shipments) dollars New orders _ _ dollars. _ Nonmetallic conduits, shipments thous. of feet.. 1,831 Panelboards and cabinets, shipments thous. of dolls . Power cables, shipments -thous. of feet.. Power switching equipment, new orders — Indoor . . dollars . 30, 854 Outdoor dollars _ 85, 660 Vacuum cleaners, shipments units. _ Vulcanized fiber — Consumption thous. of Ibs . 1,269 Shipments, total thous. of dolls.. 301 Welding sets, new ordersMultiple operations _ units.. 3 Single operation units 88 Miscellaneous products: Brass sheets rel. to 1926. _ Copper-wire cloth — New orders thous. of sq. ft._ 304 Make and hold orders, end of month thous. of sq. ft.. 595 Production thous. of sq. f t _ , 366 Shipments thous of sq ft 288 Stocks, end of month -thous. of sq. f t _ . 965 Unfilled orders, end of month . _ -thous. of sq. ft. 165 Enameled sheet-metal ware, shipments dozen pieces . Pails and tubs, galvanized — Production dozen pieces Shipments _ . . -dozen pieces ! Other galvanized ware— | Production dozen pieces.. Shipments. dozen pieces. _! ! 3, 380 2,130 1, 732 | 2, 680 1,791 31, 821 33, 118 141, 493 ! 144, 389 2, 046 j i 2, 358 is 224 348 1 ' 1, 263 ! 2, 061 77, 194 ! 78, 983 41, 331 57, 462 592 1,309 929 2,323 66, 188 67, 256 2,144 76, 313 52, 009 890 1,281 72, 003 1,458 78, 716 52, 599 783 1,224 69, 484 2,523 86, 471 64, 823 1,125 1,386 68, 285 630 a 182 486 830 44, 699 25, 332 475 444 46, 261 631 38, 748 19, 483 424 564 45,000 1,276 63, 044 29, 447 509 987 43, 287 1,844 84, 617 40, 171 1,000 1,973 59, 103 2,038 82, 485 42, 562 869 1,095 54, 691 1,643 74, 183 38, 303 971 901 56, 735 1,482 66, 906 33,042 516 562 61, 794 413 436 2430 2570 2639 2632 2619 2633 2707 2626 689 94 73 73 76 79 103 81 92 128 135 142 137 73 I 69 81 73 81 87 100 97 119 138 110 141 231, 826 150, 148 414,642 354, 236 276, 905 248, 265 387, 770 311, 793 365,930 413, 864 365, 877 299, 081 360, 444 377, 129 450, 165 402, 130 455, 325 440, 476 473, 767 536, 272 445, 833 396, 958 418, 228 450, 204 2,258 1,384 1,782 2,005 3,356 ! 4,487 2,777 2, 447 4, 091 5,112 3,508 3,667 211 537 248 743 245 973 333 1,137 326 806 j 367 840 336 890 338 1,106 339 ! 1,303 i 324 1,619 345 1,630 373 1,326 28, 777 116, 112 36, 686 197, 708 39, 191 323, 412 67, 643 37, 547 244, 122 59, 074 40,586 : 48, 707 188,043 i 175, 629 47, 142 ; 37, 952 47, 041 360, 325 35, 447 52, 697 240, 081 43,011 75, 303 269, 425 82, 279 64, 736 201, 344 71,551 872 270 1,003 246 1,057 262 1,398 313 1,407 : 332 1,345 348 1,783 344 1,624 402 73,567 111.875 208,713 ! 216, 145 79, 527 70, 303 i 1,541 ! 1,475 432 419 : 1,975 484 1, 652 426 0 83 2 122 0 89 0 108 0 ; 115 i 0 80 0 120 2 134 8 169 11 177 4 136 70.1 68.2 68.2 68.3 79.7 80.9 82.5 82. 8 90.4 91.4 89.7 340 274 366 308 339 326 328 275 275 : 299 357 309 571 204 289 880 592 357 285 1,031 583 312 254 953 522 338 312 910 509 ! 333 ; 316 ! 911 | 504 330 330 889 546 302 324 898 560 253 274 934 514 ' 256 i 277 \ 1,073 554 340 297 1,096 557 330 308 1,079 530 297 304 1, 083 135 302 1 t 0 165 ; 86.8 164 114 160 129 134 158 145 174 186 211 198, 627 233, 267 197, 080 255, 782 307,068 1 251, 544 246, 858 232, 672 264,953 1 281, 339 312, 916 289, 205 87, 096 88, 382 72, 558 63, 163 67, 145 72, Oil 98, 340 88, 270 110,253 ! 134, 003 120,851 i 129, 693 103, 345 114, 134 92, 460 90, 747 121,413 ! 143, 258 122,072 j 140, 080 147, 278 144, 052 132, 781 120, 723 35, 283 30, 440 11, 758 9, 406 15, 760 16, 087 26, 626 27, 792 32, 276 34, 709 36,007 | 32, 764 26, 970 27, 334 26, 304 28, 724 28,390 ! 34,929 34,188 | 42, 287 31, 542 29, 579 34, 347 28, 142 84.2 67.7 79.0 91.0 96.7 90.5 93.2 97 97 -997 2100 104 105 109 116.1 125. 9 109. 3 124. 0 107.0 125.1 126.1 123.9 113.0 122. 2 138.3 1 128.2 | 19, 127 17, 339 105, 582 2 106, 517 22, 757 21, 066 108, 757 2114,312 87. 303 2 84. 128 110,715 21, 842 104, 788 76. 332 PAPER AND PAPER PRODUCTS New orders ...rel. to 1923-25 Production index (Fed. Res. Bd.)-rel. to 1923-25 Production index (elect, energy consumed) (paper and pulp) rel. to 1923-25 Stocks, end of month.-. .. . rel. to 1923-25.. Wood Pulp Ground wood: Consumption and shipments Imports Production . . . . Stocks, end of month short short short short 2 tons tons. _ tons tons Revised. 90.7 2 107 102.7 2 111 I 101.3 2 99.3 96.7 110 2109 104.0 128.6 112. 4 129.7 135.1 126.1 109.6 131.2 I 123.0 123.4 127.0 128.6 i 106,094 100, 180 ! 111,463 18, 750 14, 433 ! 17, 725 96,920 ! 87,638 j 102, 197 82.260 i 91. 434 103.975 118, 371 13, 512 121,103 11.1.235 118, 157 12, 851 136, 858 111 832 116,914 23, 136 136, 438 Q3 131 : 111,165 14, 652 116,311 73 fiftfi 96,823 15, 656 95, 937 fi£ 4«n 121.7 128.6 j ' Quarter ended in month indicated 109 SURVEY OF CURRENT BUSINESS April, 1932 39 MONTHLY BUSINESS STATISTICS—Continued i Earlier data for items shown here may be found in the 1931 Annual Supplement to the Survey 1932 1931 Febru- January ary December Septem- August N V m °b er - <>"<">« ber July June ! ! May March i April February PAPER AND PAPER PROI>UCTS-Con. Wood Pulp— Continued Soda: Consumption and shipments. .short tons__ Production short tons Stocks, end of month short tons i Sulphite, unbleached: Consumption and shipments short tons Imports - short tons _ 71, 970 84, 421 Price dolls, per 100 lbs_. 1.58 Production short tons Stocks, end of month short tons _ Sulphite, bleached: Consumption and shipments .short tons _ Imports . -- .short tons . 34, 400 30, 689 Production short tons.. Stocks end of month short tons Total sulphite: Consumption and shipments^-short tons._ Production short tons Stocks end of month _ .short tons. _ Sulphate: Consumption and shipments -short tons.. I Production . . short tons.. Stocks, end of month short tons__ Other grades: Consumption and shipments. -short tons.. Production short tons.. Stocks end of month short tons. _ Total chemical (all grades): Consumption . short tons.. Production short tons.. Stocks, end of month . . short tons_. Paper Box board: Consumption of waste paper short tons_. New orders short tons.. Operation . thous. of inch hours.. Operation p. ct. of capacity.. Production . .short tons,. Shipments ... short tons.. Stocks, end of month short tons_. Stocks of waste paper, end of month—In transit and unshipped purchases short tons.. At mills short tons _ Unfilled orders, end of month. .short tons.. Newsprint: Consumption by publishers, United States short tons.. Exports Canada short tons Imports, United States short tons.. Price, roll, destination, N. Y. basis dolls, per short tons.. ProductionCanada short tons. . United States, total short tons.. Per cent of capacitv per cent-Shipments — Canada short tons United States ...short tons. . Stocks, end of month — At millsCanada short tons United States short tons _ At publishers, U. S ..short tons_. In transit to publishers, United States . . .short tons__ Other paper: Binders' board, production ...short tons Book paper: Production short tons Per cent of capacity _ _ - .percent-Shipments _ . .short tons.. Stocks, end of month short tons.. New orders — Coated p. ct. of normal production. . Uncoated p ct. of normal production Unfilled orders, end of month— Coated days' production Uncoated . days' production. . Fine paper: Production __ ... short tons.. Per cent of capacity per cent__ Shipments. . __ .short tons.. Stocks, end of month _ .short tons . Wrapping paper: Production > short tons_. Per cent of capacity per cent Shipments short tons Stocks, end of month short tons_. All other grades: Production short tons.. Shipments short tons Stocks, end of month___ ..short tons__ 1 Revised. 142, 883 142, 445 127, 089 22, 086 22, 682 4,124 18, 088 19, 336 4,516 19,876 j 21, 226 I 4,058 21, 558 21, 528 3,598 24. 278 25, 508 4,620 23, 502 24, 362 4,502 23, 572 24, 834 4,660 25, 960 27, 230 4,480 27, 412 28, 102 4,414 27.660 29, 304 4,998 27, 884 29, 422 4,624 17, 274 46, 789 1.81 16, 978 7,480 19, 178 67, 062 2.15 18, 380 6,583 21, 170 53, 014 2.15 19, 814 5,724 19, 026 16, 698 49,314 i 49, 300 2.15 2.15 19, 800 16, 922 5,052 6,388 17, 544 52, 061 2.15 17, 924 5,578 16, 790 52, 745 2.15 19, 092 5,500 19, 020 34, 483 2.15 19, 494 4,256 21, 178 30, 724 2.15 21, 076 3, 936 18, 882 34, 289 2.35 18, 878 4,316 20,554 50,271 2.48 19, 384 4,320 32, 636 25, 288 31, 874 6,308 32, 522 35, 726 33, 436 7,070 37, 090 29, 169 37, 080 6,156 35, 784 34, 943 36,232 i 6,166 37, 818 29,510 37, 736 5,718 35, 448 23, 109 35, 262 5,800 38, 080 29, 558 39,048 5,986 37, 440 28,614 38, 262 5,018 37, 272 30,511 36, 092 4,196 40, 544 32, 863 40, 600 5,376 43,090 25, 592 40, 462 5,320 97, 580 97, 148 27, 610 102, 622 103, 616 26, 852 112,224 109, 894 24, 198 105, 666 109, 558 25, 836 108, 924 107, 430 23, 710 105, 294 107, 664 23, 626 111, 282 115, 200 21, 558 110, 722 110,840 18, 698 115, 960 115,974 18, 734 115, 794 115, 022 18, 998 117, 122 112, 552 19, 770 28, 956 31, 276 4,348 33, 828 36, 624 4,144 37, 174 39,004 3,848 35, 202 36, 866 4,604 36, 630 38, 522 5,384 38, 156 39, 228 6,050 39, 828 40, 948 7,524 39, 590 41, 870 9,076 39, 082 41, 292 9,594 34, 014 36, 542 10, 152 35, 880 38,104 10,092 804 920 352 844 768 236 1,168 1,062 312 986 942 418 754 890 462 1,078 1,202 326 778 774 202 1,072 514 206 844 898 764 1,184 1,188 710 1,016 1,098 706 149, 426 152, 026 36, 434 155, 382 160, 344 35, 748 170, 442 171, 186 32, 416 163, 412 168, 894 34, 456 170, 586 172, 350 34, 176 168, 030 172, 456 34, 504 175, 460 181, 756 33, 944 177, 344 180, 454 32, 460 183, 298 186, 266 33, 506 178, 652 182, 056 34, 858 181, 902 181, 176 35, 192 177, 961 146, 368 2 172, 830 209, 903 193, 311 2 138, 042 2 181, 500 218, 527 6,378 2 5, 802 2 6, 637 7,840 56.9 M9.8 261.7 64.8 185, 095 2 163, 539 2 186, 776 218, 157 187, 807 2164, 630 2179,932 218, 489 82, 289 2 85, 001 2 86, 092 79, 248 205, 084 235, 382 7,946 70.9 221, 684 221, 261 79, 580 200, 138 215, 752 7,685 65.9 213, 614 218, 244 79, 157 213,686 221, 048 8,114 69.6 222, 927 221, 980 83, 787 208, 513 223, 990 8,200 70.3 224,110 223, 328 82, 840 227, 125 236, 173 8,727 77.8 232, 020 231, 746 82, 058 206, 571 224, 021 7,903 67.8 230, 537 227, 806 81, 784 210, 590 222, 511 8,175 70.1 226, Oil 224, 023 79, 053 191,331 198,296 7,345 71.2 205, 785 203, 202 77,065 30, 537 28, 192 42, 181 167, 422 2 2 172,761 2 2 158,674 41, 849 62, 933 36, 345 36, 055 151,658 61, 365 45, 386 149, 029 61, 327 47, 549 148, 042 47, 206 47, 052 166, 006 49, 698 50, 558 169, 570 50, 630 39, 209 182,812 49, 9G8 25, 026 167, 478 45, 541 51, 301 167, 846 49, 326 35, 229 191, 507 50,838 151,181 172, 914 166, 516 173, 852 171,031 180, 230 152, 422 161,171 159, 946 146, 249 160, 175 157, 037 157, 119 157, 205 173, 457 161, 2G5 189, 739 188, 919 179, 836 185, 432 192, 688 174, 325 152, 360 175, 242 179,340 200, 545 169, 345 150, 403 144, 236 148, 388 160, 146 161,835 168, 087 174, 092 171,151 176, 228 53.00 53. 00 57.00 57.00 57.00 57.00 57.00 57.00 57.00 57.00 57.00 57.00 57.00 158, 543 87, 157 171,321 94, 247 165, 173 93, 861 63 175,643 94, 149 66 184, 252 97,117 63 178, 412 91, 241 64 165, 124 88, 344 59 182, 731 99,548 67 193, 971 101, 086 68 202, 607 101, 202 69 205, 838 102, 450 70 187, 005 100, 590 68 164, 552 88,788 65 150, 951 86, 638 171, 843 94, 550 165, 017 93, 550 173, 601 93, 723 191, 725 98, 616 178, 181 90, 303 162, 303 89, 047 175, 350 97, 225 194, 144 100, 087 202, 280 102, 555 205, 752 101,819 187, 730 101, 044 162,350 90,901 61, 195 32, 925 191, 666 53, 683 32, 406 192, 817 54,214 32, 709 195, 505 48, 735 32, 398 187, 839 42, 963 31, 953 190, 367 50, 451 33, 517 197, 716 49, 128 32, 607 202, 121 47, 288 33, 616 203, 944 39, 832 33, 906 189,990 39, 962 32, 956 178, 333 39, 754 34, 289 185, 560 39, 850 32, 254 190, 728 42, 259 33, 627 211,142 38, 913 37,612 40, 495 42, 406 38, 022 34, 379 30, 879 34, 566 39, 041 44, 859 45, 352 44,011 39,486 1,301 1,320 1,224 1, 560 1,695 2,069 1,535 1, 486 1,809 1,401 1,543 95, 576 67 103, 588 87, 477 102, 111 66 105,379 85, 594 98, 563 69 101, 323 89, 440 106, 439 71 104, 097 92, 684 106,015 113,022 71 77 107, 075 111,327 89, 984 , 90, 985 117,609 78 113, 140 92, 464 117,374 79 118,782 87, 395 117,964 80 119,026 89, 088 114,306 85 117,849 90, 353 56 57 57 59 53 61 52 65 70 67 76 68 64 74 76 76 4 5 5 5 I 5 6 7 6 6 6 8 6 24, 116 50 24, 526 53, 996 27, 793 56 29, 071 54, 398 26, 443 55 27, 606 57, 489 26, 386 55 27,441 58, 658 29, 364 26, 408 55 59 27, 728 28, 395 59, 723 ; 62,725 32, 451 30, 793 64 1 67 31,501 33,100 62, 459 61,758 35,141 74 33, 981 62, 905 32, 534 73 32, 339 61, 340 58, 207 2 62, 772 65 77 60,768 22 64, 592 76, 928 79, 477 73, 347 79 72, 027 81, 318 72, 107 81 69, 151 80, 021 78,360 90 76, 479 77, 047 78, 074 88 ; 78, 777 i 75, 146 78, 174 87 76,845 76, 051 79, 261 78, 377 88 91 80,371 76, 888 78, 107 ! 76, 582 75, 404 85 76,083 77, 718 72, 281 88 71,920 78,404 77,934 65, 558 2 68, 123 63, 693 2 66, 542 '1 80,425 70. 060 67, 465 64.500 77, 505 79, 574 66. 020 78, 271 81,315 68. 192 74, 728 74, 062 70. 755 75, 655 75, 895 69. 174 78, 509 83, 882 68. 734 i 74, 123 74, 186 69. 540 70, 054 69, 735 67. 618 103, 509 69 105, 660 85,115 24, 239 48 24,021 54,211 58 60 6 5 ; i «! 80, 983 81, 268 71. 545 40 SURVEY OF CURRENT BUSINESS April, 1932 MONTHLY BUSINESS STATISTICS—Continued Earlier data for items shown here may be found in the 1931 Annual Supplement to the Survey 1931 ±932 Febru- January Decem- 'Novem- October ber i ber ary Se ^m"j August July June May April March February PAPER AND PAPER PRODUCTS- Con. Paper — Continued i Total paper (including newsprint and box board) : Production short tons Per cent of capacity per cent Shipments short tons Stocks end of month short tons 503, 789 59 506, 410 405, 942 526, 944 65 527, 205 408, 035 596, 459 67 604, 007 397,011 587, 543 70 589, 218 406, 067 591,414 67 596, 623 408, 345 607, 700 70 606, 847 413,011 621,411 638, 510 643, 056 71 72 74 615,877 639, 712 643, 146 415, 681 416,077 414, 054 629, 233 73 628, 343 410, 558 583, 748 71 585, 946 408, 407 Paper Products Abrasive paper and cloth: ShipmentsDomestic .-. .- reams. . Foreign reams.. Paper-board shipping boxes: Operating timeCorrugated p. ct. of normaL_ Solid fiber p. ct. of normal Total p. ct. of normal . Production —• Corrugated thous. of sq. ft Solid fiber .thous. of sq. ft Total thous of SQ ft Rope paper sacks, shipments. _rel. to 1921-22. . 46, 700 5,323 46, 061 5, 365 35, 433 6,376 38, 272 5,323 53, 348 6, 942 53, 373 6,552 54, 721 7,119 51, 948 7,832 54, 431 8,705 62, 268 8,218 65, 452 9,525 64,910 9,528 56. 004 8, 261 74 68 73 67 56 64 59 54 58 70 67 81 66 77 82 71 79 80 68 77 78 68 76 1179 84 65 79 81 67 78 79 62 75 78 61 74 344, 994 286,897 79, 543 81,377 426, 371 i 366,440 49 346, 527 82, 788 429, 315 64 438, 296 101,997 540, 293 69 448, 910 103, 740 552, 650 ne 449, 285 106,800 556, 085 67 402, 031 95, 582 497,613 65 416,282 99, 754 516,036 44 417,407 100, 301 517, 708 55 401,874 102, 609 504, 483 60 391,043 93, 875 484, 938 65 382, 305 91, 966 474, 271 374, 636 84, 800 459, 436 PRINTING Blank forms, new orders thous. of sets. . 48, 751 Book production: New books no. of titles.. 639 New editions - . no. of titles 118 Printing activity rel. to 1923 Sales books: New orders thous. of books.. 8, 654 Shipments thous. of books 8,456 51,660 44, 919 48, 309 57,819 47, 351 45, 455 50, 357 48, 322 55, 266 48, 877 52, 887 48, 751 541 121 656 142 82 724 103 83 1,070 157 79 735 147 83 770 194 76 568 150 77 586 117 84 708 178 96 640 220 97 746 107 98 678 136 96 9,261 9,201 8, 096 9,313 9,974 9, 546 10, 663 10, 664 10,275 11,241 10, 511 10,501 10, 321 9, 997 10, 514 10, 382 11,587 10, 585 10, 284 11,079 11,204 10, 669 10,054 10,652 RUBBER AND RUBBER PRODUCTS Production index (Fed. Res. Bd.), auto tires and tubes. _.rel. to 1923-25.. Production index (elect, energy consumed) rel. to 1923-25.. Stocks end of month rel to 1923-25 112.0 95.8 92 68 71 74 79 90 112 126 123 107 98 94 104. 0 2 90. 9 79.2 96.2 93.5 93.2 82.8 96.4 88.0 94.3 98. 5 102.4 97.4 112.8 121.0 121.0 122.3 120.6 109.0 118.1 109.6 118.4 112.9 113.0 33, 552 3 60, 393 3 46, 746 53,818 45, 103 41, 398 33 76, 941 61 283 38, 933 39, 033 .044 .046 .046 .050 .050 .054 Crude Rubber Consumption, quarterly: Total long tons For tires long tons Imports (including latex)._ .long tons.. 28, 298 Prices, wholesale, smoked sheets, New York dolls, per Ib .039 Stocks, domestic, end of quarter: Afloat -long tons.. Dealers long tons Manufacturers long tons _ Total, dealers and manufacturers long tons World shipments, plantation ..long tons_. World stocks, end of month: Afloat long tons_. Europe - long tons.. Producing countries long tons_. United States ..long tons.. ~326,~694~ World total long tons.. 616, 722 Reclaimed rubber: Consumption , long tons.. Production long tons Stocks .long tons.. Scrap rubber: Stocks at reclaimers, end of quarterlong tons.. 39, 605 67, 7CO 3 195,297 -- 3 8?; 804 . 063 . 063 35, 844 ,064 3 "" 82, 480 368,593 , 44, 908 40, 788 .064 _.. 3K9.658 3 43, 711 3 139,613 a 46, 770 3 43, 525 s 171,296 3 .077 34, 374 .076 349,471 ; 3 49, 613 3 138,140 63, 627 3 263,057 59, 332 71,313 71,511 3 214,821 66, 529 65, 392 66, 600 183,324 62, 090 68, 628 63, 395 3 187,753 71,218 65, 719 100, 650 128. 397 52, 894 329, 886 2611,827 80, 761 129, 717 49, 529 326, 065 586, 072 95, 285 132, 424 42, 415 296, 305 566, 429 86, 465 136, 638 41,054 275, 750 539, 907 84, 644 137, 597 39, 253 258, 352 519,846 84, 156 140, 192 42, 770 244, 627 511,754 90, 768 139, 261 43, 364 235, 746 509, 139 86, 867 J40,, 265 43, 760 225, 346 496, 238 93, 379 143, 747 41,176 219, 405 497, 707 78, 159 142, 520 42, 806 224, 211 487, 696 88, 959 137, 452 45, 782 215, 523 487, 716 86, 469 130, 247 43, 958 210,611 471, 285 5,313 8,255 15, 406 5,843 7,340 14, 130 6, 338 8,818 14, 273 6,967 8, 955 13, 781 7,778 9,402 13, 732 8,929 10, 596 14, 176 10, 175 13, 082 14, 804 10, 220 12, 535 14, 431 9,161 12, 338 14, 685 9,769 12, 032 14, 700 8,424 10, 110 15, 102 ? 3 < 59, 836 3 60, 406 59, 103 3 57, 198 i Tires and Tubes Pneumatic casings: Production ShipmentsDomestic Exports Stocks end of month Solid and cushion tires: Production ShipmentsDomestic Exports Stocks, end of month Inner tubes: Production ShipmentsDomestic Exports Stocks end of month Raw material consumed: Fabrics Crude rubber 3 3 s 99, 135 44,052 | 46,939 thousands.. 2.770 2, 115 2,001 2,379 2,538 3, 125 3,941 4, 538 4,543 3, 955 3,730 3, 188 thousands _ thousands .. thousands 2, 545 58 6, 329 2,171 2, 223 87 6,335 2,185 96 6, 640 3,034 111 6,527 3,845 123 7, 117 4,244 125 7,936 4,320 137 8, 358 4,197 135 8, 250 3, &04 142 8, 025 3, 143 155 8,012 2,580 142 7,629 6, 220 thousands. - 9 10 9 10 12 13 12 11 12 11 11 thousands . - thousands. _ thousands .. 9 0 37 10 1 39 10 1 42 15 1 51 15 14 1 61 14 1 64 12 55 14 1 57 15 43 12 1 46 69 73 thousands ._ 2,719 2,078 1,955 2,462 2,759 3,548 3,964 4, 286 4,330 3,693 3, 560 3,133 thousands thousandsthousands 2,761 43 i 6, 175 j 2, 172 6, 338 2,022 54 6,496 2,187 63 6,657 3,247 73 6,476 4,158 82 7,019 4,569 96 7,672 4, 228 89 8, 403 4,135 89 8,439 3,610 89 8,330 2,922 109 8,380 2, 619 101 7, 937 12,156 ! 7, 981 36, 8f,0 I 25,237 8,361 25, 922 9,263 28,372 9,585 29, 854 11,745 36, 232 15, 140 46,697 17, 085 51, 280 18, 010 53, 418 15, 244 45, 016 14,041 41,851 12,002 36, 651 13, 654 16, 221 14, 341 23,255 20, 925 19, 773 17, 932 21,161 23, 966 21, 580 22? 728 27, 080 14, 431 15,419 K •uarter en ded in meHith indie;ated. 19, 380 18, 094 16, 846 16, 803 19, 380 19,220 16, 361 18, 276 thous. of Ibs thous. of Ibs.. 41 Miscellaneous Rubber Products Calendered rubber clothing: Net orders no. coats and sundries Production no. coats and sundries. ' Revised. 1 41 SURVEY OF CURRENT BUSINESS April 1932 MONTHLY BUSINESS STATISTICS—Continued Earlier data for items shown here may be found in the 1931 Annual Supplement to the Survey 1932 RUBBER AND RUBBER PRODUCTSContinued Miscellaneous Rubber Products— Con. Mechanical rubber goods, shipments: Belting thous of dolls Hose -thous. of dolls All other thous of dolls Total thous. of dolls-. Rubber bands, shipments thous. of Ibs Rubber flooring, shipments. .-thous. of sq. ft-_ Rubber and canvas footwear: TennisProduction _---thous. of pairs _. Shipments, domestic thous. of pairs Exports thous of pairs Stocks thous. of pairs. . Waterproof, total — Production thous. of pairs _ _ Shipments, domestic.. thous. of pairs.. Exports thous. of pairs.. Stocks -thous. of pairs Grand totalProduction thous. of pairs _ Shipments, domestic .-thous. of pairs_. Exports thous. of pairs. _ Stocks thous. of pairs. _ Rubber heels: Production thous. of pairs _ _ 14,487 Shipments— 259 Exports thous. of pairs Repair trade thous. of pairs . . 4,575 Shoe manufacturers. --thous. of pairs. _ 8,748 Stocks end of month thous. of pairs. . 25 ,807 Rubber-proofed fabrics, production: Auto fabrics thous. of yds. . Raincoat fabrics thous. of yds.. All other thous. of vds Total thous. of yds. _ Rubber soles: 3,461 Production thous. of pairs .. Shipments3 Exports thous. of pairs. . 285 Repair trade thous. of pairs ._ 2,925 Shoe manufacturers ...thous. of pairs __ 2,428 Stocks end of month thous. of pairs STONE, CLAY, AND GLASS New orders rel. to 1923-25- Production index (elect, energy consumed) rel. to 1923-25 Stocks end of month .. rel. to 1923-25.. Unfilled orders end of month rel. to 1923-25 Brick Face brick (average per plant) : Production thousands Shipments thousands Stocks, end of month * . . thousands. _ Unfilled orders, end of month-thousands. . Sand-lime brick: Production thousands Shipments by rail . thousands..! Shipments by truck thousands Stocks end of month thousands Unfilled orders end of month thousands Glass Containers Net orders thous of gross Shipments thous. of gross. . Stocks, end of month thous. of gross. . Production: Total .-thous. of gross . Per cent of capacity -_ __ Unfilled orders, end of month.. thous. of gross.. Illuminating Glassware New orders p. ct. of capacity.. Production: Total no. of turns.. Per cent of capacity ... Shipments p ct of capacity Stocks end of month no of weeks' supply Unfilled orders, end of month . _ no. of weeks' supply. Plate Glass Plate glass, polished, production thous. of s:.i. ft. 1931 Decem- Novem- October ber ber Febru- January ary July June May April March February 474 919 989 2,381 231 587 483 856 961 2,300 197 462 601 972 1,105 2,678 225 550 788 1,041 1,186 3,015 201 595 802 1,161 1,393 3, 356 195 595 914 1,436 1,356 3,706 246 577 798 1, 650 1,431 3,879 209 576 790 1,857 1,584 4,231 215 569 832 2,129 1,656 4,617 259 569 889 1,892 1,631 4,412 231 496 722 1,611 1,378 3,711 222 366 2,496 2,353 21 8,510 2,077 616 118 8,387 1,443 446 29 7,044 1,231 589 44 6,076 1,012 1,263 72 5,473 1,021 1,223 29 5,704 836 1, 520 125 5,957 1,999 2,657 100 6,766 2,142 3.316 121 7,523 2,591 4,049 150 8,833 2,609 3,107 236 10, 328 2,492 2,688 200 11,047 1,061 1,610 6 11 ,726 2,391 3,438 36 12,241 2,773 3,186 59 13, 323 3, 131 4,318 153 13, 804 2,922 4,185 186 15, 141 2,361 2,842 151 16, 366 1,570 1,510 117 16, 978 1,922 1,229 108 17, 024 1,261 626 50 16, 357 1,102 1,070 72 15,733 874 944 53 15, 803 958 1,015 92 16,030 3,557 3 ,962 27 20,237 4,468 4,054 154 20,628 4,217 3,632 88 20, 367 4,363 4,907 197 19, 880 3, 934 5,448 258 20,615 3,382 4,065 180 22, 070 2.407 3,030 242 22, 935 3, 921 3, 886 208 23, 789 3,402 3,942 171 23, 881 3,693 5,119 222 24, 566 3,483 4,050 288 26, 130 3,450 3,704 292 27, 077 12,317 14, 138 11,455 14, 567 15, 827 16, 293 15, 361 17,093 15,474 15,408 14, 661 13, 156 290 3,431 8,705 474 4,622 8,198 24, 405 591 4,537 6,610 25, 213 617 5,924 7,484 24, 652 501 6, 994 9, 724 23, 952 514 5. 355 11, 653 25, 832 540 4,058 11,177 27,006 630 4,946 10, 522 27, 898 612 3, 975 9,693 28, 491 578 4,038 10, 112 27, 764 577 4,868 10, 991 26, 708 658 4,854 8,397 29, 335 380 931 763 2,074 394 1,267 868 2,529 445 2,476 1,191 4,112 528 2,988 1,176 4,692 596 2,226 965 3,787 531 1,843 963 3,337 701 1,355 1,156 3,212 982 1,066 1,002 3, 050 710 1,040 1,271 3,021 738 863 1,168 2,769 644 567 973 2,184 3,411 3,639 2,840 2,610 2,880 2,933 2,864 3, 177 2,885 2,692 2,292 2, 724 8 265 2,953 25 267 3,196 2,018 29 308 2,579 2,180 45 370 2.273 2^153 90 290 2,604 2,264 67 234 2, 790 2,395 67 196 2,569 2,475 59 225 2,899 2,461 62 330 2, 651 2, 655 69 255 2,474 2,764 14 408 2,145 2,876 36 290 2,259 3,167 206" 1 34.3 36.3 42.0 44.0 50.0 46.7 49.0 60.0 52. 3 48.7 55.3 48.0 90.0 180.8 77.1 2 175. 4 29.2 76.8 2 164. 2 223.3 113.8 153.6 225.2 113.4 148.2 226.8 113.9 150.9 226.8 105.9 143.9 226.2 104.8 154.5 227.0 118.7 164.2 227.0 132.0 174.9 227.0 116.5 175.5 224.0 105.1 179.4 a 25. 8 102.6 173.4 224.5 166 156 3,557 450 197 149 3,561 452 292 222 3,514 383 325 318 3,521 457 422 479 3,516 534 434 454 3,577 587 425 477 3,602 639 540 521 3,660 669 540 574 3,652 733 549 569 3,684 781 533 579 3, 698 784 395 522 3,734 685 338 369 3,836 708 2,188 449 2,561 9,067 8,700 3,118 397 3,630 8,677 8,745 4,239 648 4, 604 10, 529 10, 485 6,521 977 4,657 12, 347 11, 437 6,943 872 4,922 10, 866 11,532 5,989 805 5,506 10, 698 10, 838 5,518 529 5,424 10, 199 10, 710 6,664 494 5,758 8,975 9,960 5,084 1,595 4,375 10. 724 6,513 3,999 1,698 3,330 11,119 5,232 4,869 1,466 3,743 12, 566 7,070 4,140 1,493 3,306 12, 545 6,720 2,354 1,764 5, 544 2,929 1 1,743 5,697 : 1, 659 1,396 5, 855 1,814 1,537 5, 872 1,779 1,941 5, 709 1,820 2,310 i 5,536 1,859 2, 213 5,930 ' 2,102 2,180 5, 887 2,465 2,491 6,086 2,119 2,545 6, 003 1,952 2, 291 6,078 2,250 2,479 5,974 2 2, 302 2 1, 926 ' 5, 948 1,548 50.2 6,811 1,606 52.1 ! 6,454 1,508 47.2 6,387 1,692 55 1 6,745 2,128 64.2 6,713 1,948 62.0 6,860 2,239 i 68.6 7, 591 ! 2, 268 69. 5 8, 268 2,565 75.9 8,625 2,481 73 4 9, 127 2,404 71.4 9,785 2,166 64.4 10, 340 ! 20.8 23.3 26.6 26.3 1,774 23.7 20.7 3.8 1,877 250 24.0 3.6 2,276 30.4 30.1 3.7 1,679 22.4 26.0 ! .9 ! i ! ! .2 .8 5,500 6,093 3,694 4,812 Plurnbing Fixtures Porcelain: 2,025 1, 424 2, 000 2,918 Net new orders number of pieces.. ; 2,094 2, 951 2,544 Shipments number of pieces ! 1, 631 17, 992 16, 715 19, 597 Stocks, end of month. ..number of pieces.. j 16, 328 Unfilled orders, end of 4,832 3, 548 3, 796 6,072 month number of pieces 93.52 94.15 Wholesale price, 6 pieces dollars 88. 42 88. 32 Vitreous china plumbing fixtures: 96,004 135, 931 New orders. pieces 1 70,918 76,119 Shipments ___ pieces 91,078 112,229 102, 150 125, 891 Stocks, end of month pieces- 536,245 524,131 522, 721 501, 972 Unfilled orders, end of month pieces.. ! 136,593 156,753 i 192,863 199, 009 * Adjusted to account for degrading and year-*end phys August 4,799 1 I i 1, 716 57.2 10, 744 24.3 29.3 27.3 28.6 32.4 27.0 1, 607 21.4 21.6 .9 1, 492 19. 9 24.0 3.9 2,161 28 8 28.2 4.1 2,037 27. 2 26.8 4.1 2,086 J 27.8 28,8 i 4.1 2, 108 28.1 28. 7 4.1 1,818 24. 2 25.9 4.2 .2 .8 .9 .8 .8 .8 7, 216 7,554 9,466 10, 174 10, 593 8,882 5, 796 5, 577 24, 641 6,213 5,237 27, 850 4,824 4,665 28, 394 6,898 4,093 28, 248 6,163 4,178 30, 259 5,570 3, 699 30,004 10, 476 98. 91 10,804 98. 96 11,387 99. 16 32, 541 98.84 31, 497 97.86 30, 526 96 49 136, 285 134, 549 574, 304 202, 591 ! 1 19, 922 128, 574 593, 268 200,855 93, 108 117, 105 597, 476 209,507 64,260 133, 802 583, 099 233,504 150, 451 184, 563 552, 403 303, 046 24.8 ; 6,311 ; 3,142 3,683 21, 957 4,740 4,533 23, 450 4,571 5, 761 25, 236 5,887 96.12 7,104 96.32 7,697 97.77 182, 938 155, 404 506, 901 188, 969 116, 794 127, 9,54 529, 531 161, 435 cal inven tories. 2 2 : 122, 977 I 121,324 139, 005 I 135,292 533, 305 554,939 172, 595 188,623 2 1Revised. 42 SURVEY OF CURRENT BUSINESS April, 1932 MONTHLY BUSINESS STATISTICS—Continued Earlier data for items shown here may be found in the W31 Annual Supplement to the Survey 1931 1933 Decem- Novem- October Septem- August ber ber ber ™™- January July June 1 May 65.4 i 62. 8 1.364 j 1. 399 14,118 14,010 16, 077 14, 200 27, 602 29, 554 11,837 13, 087 February April March 52.1 1.422 11, 245 11,184 29, 715 13, 854 36.9 1. 477 8.245 7, 192 29. 676 13 318 29.4 1.543 5.920 5, 074 28, 612 11. 946 2, 598 291 3,138 315 3,226 335 STONE, CLAY, AND GLASS— Continued Portland Cement 18.7 1. 323 3,971 3, 118 26. 631 9, 404 Per cent of capacity -- Prices, wholesale, composite dolls, per bbL. Production thous. of bbls. Shipments thous of bbls Stocks end of month thous. of bbls Stocks, clinker, end of month. .thous. of bbls — i 22.0 26. 4 1. 321 1.310 5, 974 2 5, 026 2 3, 393 i 4, 142 2 25. 778 I * 24, 098 - 8, 184 i - 1, 035 37.2 1. 310 8,161 7,156 22, 219 6,215 47.4 1.318 10, 762 12, 360 21, 218 6, 021 55. 3 1. 331 12.092 13,671 22, 736 6,918 60.2 1. 331 13. 549 15, 172 24, 313 8, 468 62. 0 1.331 13, 899 15, 545 25, 934 10, 209 1, 269 115 1, 997 194 4, 290 386 3, 955 361 5, 117 480 7, 547 719 4,180 412 3, 690 4, 145 4, 346 4, 120 4,090 3,861 3,535 2, 656 3, 587 15, 261 3,542 15, 158 4,308 14, 556 4, 316 14, 518 3,998 14, 715 3,744 14, 623 2,923 14, 506 3,656 13, 895 96.6 67.4 96.8 68.2 101.0 70.0 91.4 70.9 297 -'96 97 103.7 100.0 97.3 Terra Cotta Terra cotta, new orders: Quantity Value net tons thous. of dolls Tile Floor and wall tile: Production ShipmentsQuantity Stocks end of month thous. of SQ. ft 1,085 ! .104 i 2, 648 237 2, 252 223 j thous. of SQ. ft thous of SQ ft TEXTILES New orders. rel. to 1923-25.. Prices, wholesale rel. to 1926... Production index (Fed. Res. Bd ) rel. to 1923-25.. Production index (elect, energy consumed) - rel. to 1923-25.. Stocks, manufactured goods, end of month rel. to 1923-25.. Stocks, raw materials, end of month rel. to 1923-25Unfilled orders end of month rel to 1923-25 j 91.8 59.9 59.~8~ 89 j 87 87.8 96.8 84. 8 60.8 97. 5 62.2 102.4 63. 0 99. 0 64.5 89.5 65. 5 86.7 66. 5 90.9 66.6 '88 89 93 100 299 2 100 2 89.8 93.4 98.2 98. 7 95.0 98.2 96 100. 5 ? 95 99. 3 93.0 Do. 0 97.3 90.5 86. 8 86.5 90.3 88.9 90.8 90.7 93.4 94.1 92.4 268.3 278.6 37.0 288.9 31.0 289. 6 33. 1 250.2 34.1 169.8 35.2 133.2 39.0 133.5 40.5 148.9 39.0 161.2 42.0 176.8 46.4 196.3 46.5 212.2 44.8 thous. of lbs_. 30, 567 long tons. . 20, 287 33, 391 22, 800 21, 123 19, Oil 32, 428 13, 774 35, 432 17, 320 37, 504 17, 118 45, 618 18, 277 35, 604 21, 993 42, 942 18,622 37, 732 14, 102 30, 481 21, 719 34, 945 19, 574 42, 176 21, 326 4,417 3,981 4.558 9,990 4, 155 4, 394 4,118 9,114 4,902 4,789 4,020 9,107 5, 058 5,115 4,743 9,408 4,716 4,941 4,521 9,730 4,279 4, 540 4,187 9,869 4. 279 3,777 4,069 10,177 4,654 4, 561 4, 572 9,990 5,029 4,772 4,719 9,864 4,808 4,925 4,627 9,914 4,920 4,982 4,486 10, 120 4.534 4 360 4,199 10, 579 2, 645 2,263 2,641 2, 637 2,815 3,139 3,511 3,201 3,225 3,042 3,260 3,420 865 1,039 865 885 915 954 1,076 1,178 985 1,315 1.314 1,064 1,408 991 1,045 1,195 967 1,017 1,008 1,078 1,015 1,050 1, 169 1,088 966 1,107 1,053 995 1,055 1,131 1,079 1,289 1,120 877 972 909 1,273 1,264 1,698 1,574 2 174 1,207 2 1,207 -'293 2 1,189 2 954 ; Burlaps and Fibers Imports: Burlaps Fibers -- Clothing Hosiery: 4,254 New orders thous. of doz. pairs. _ 4,153 Net shipments thous. of doz. pairs. _ 4, 363 Production thous. of doz. pairs_. Stocks, end of month .thous. of doz. pairs.. 10, 003 Unfilled orders, end of 2,389 month. thous. of doz. pairs.Knit underwear: 932 Net shipments- -..thous. of doz. garments-. 942 New orders thous. of doz. garments .. Production -thous. of doz. garments. . 1,076 Unfilled orders, end of month. -thous. of doz. garments ._ 1, 269 Men's and boys' garments cut: Overcoats - -thous. of garments _ Separate trousers thous. of garments __ Suits thous. of garments . . Overalls: Cut thous of doz garments Net shipments thous of doz garments Unfilled orders, end of month thous of doz garments 1,282 159 1,507 1,693 2 1,181 2 2 2542 2, 024 1,286 2 2 593 2, 544 1, 979 1,805 2 2 2 661 2, 477 1,647 1,869 1,631 1, 203 2 2 2 2 493 2, 246 1,897 2 2 2 318 2, 408 1,714 2 2 2 138 2, 396 1,808 2 196 22,115 2 2,005 1,523 2 313 2 1,985 2 2. 502 1,323 2 2 2 276 1,768 2, 231 234 223 41 Cotton Consumption by textile mills bales.Consumption by textile mills. _rel. to 1923-25.. Exports, unmanufactured: Exclusive of linters _ -thous. of bales.. Total thous. of dolls _Ginnings thous of bales Imports unmanufactured - - _ _ -bales. . Machinery, activity of spindles: Activity spindles thousands.. Activity per spindle hours-. Total activity mill, of hours .. Per cent of capacity percent-Prices: To producer dolls, per Ib _ In New York, middling dolls, per lb_Production crop estimate thous of bales Receipts into sight thous. of balesStocks, domestic, end of month: Mills ... thous. of bales..Warehouses thous. of bales Total, mills and warehouses thous. of bales.Total, mills and warehouses rel. to 1923-25 - . Stocks, world visible, end of month: American thous. of bales.. Total thous. of bales - . 450,018 87.7 435, 337 84.8 415,517 81.0 428, 870 83.6 462, 025 90.0 463, 704 90.4 425, 819 83.0 450, 884 87.9 453,901 88.4 465, 363 90.7 508, 691 99.1 490, 509 95.6 433,376 84.4 970 37, 272 1,181 47, 304 15, 358 12, 705 1,071 43,619 15,023 5,986 1,014 39, 838 12,130 2,636 558 23, 457 5,408 5,426 211 9,898 565 7,236 259 13, 525 7 9, 305 255 13,517 336 18,928 392 22,948 14, 134 15, 189 17, 258 605 35, 961 13, 756 10, 266 433 25, 402 9, 244 919 36,000 15,992 12, 718 25, 190 204 6, 567 92.5 25, 014 192 6, 214 84.5 24, 638 184 5.951 79,3 24, 861 186 6,014 85.8 25, 188 203 6,595 85.1 25, 237 201 6, 540 88.1 25, 623 190 6,193 81.8 25, 826 200 6,528 86.0 25, 898 202 6,630 86.8 26, 379 204 6,733 89.6 26, 669 216 7,125 94.1 26,504 211 7,000 91.0 25, 798 184 6,122 87.3 .058 .068 .056 .066 .055 .063 .053 .064 .059 .065 .063 .072 . 085 .093 .077 .090 .088 .093 .093 .102 .096 .109 .091 .110 11,165 918 1,546 1,819 .061 .065 16,918 3,035 4,082 1,623 333 277 103 341 358 447 513 1.633 9,511 1,637 10,032 1,631 10,426 1,441 10, 696 1,116 9, 450 776 6, 297 840 4,426 996 4, 524 1,131 4,971 1,258 5,490 1,371 6,033 1,478 6,658 1,550 7,314 11,144 ; 11,669 12,056 12, 137 10, 566 7,072 5,266 5, 520 6,102 6,748 7,404 8,136 8,864 296.4 \ ' i ! 31.0.3 320.6 322. 8 281.0 188. 1 140. 1 146.8 162. 3 179.5 196.9 216.4 235. 8 il 8,572 !| 10,398 8.403 10,193 8,346 10, 191 7, 299 9, 184 5, 275 7,113 4,498 6, 435 4,775 6; 899 5, 236 7, 572 5, 861 8,346 6, 302 8,883 6,826 9, 332 7,381 9, 958 S9,286 ! 70,341 73., 337 i 66,464 , 55,791 76,981 59, 501 81, 606 63, 014 78,027 70, 138 76, 245 56, 153 74, 662 *As of D ec. 1. 57, 412 77, 335 67, 704 74,436 86,612 72,973 87,318 65, 145 76, 847 64, 546 4 Cotton Finishing Printed only (mills and outside): Production thous. of yds . Stocks, end of month thous. of yds.. 1 Revised. 65, 983 71,615 SURVEY OF CURRENT BUSINESS April, 1932 43 MONTHLY BUSINESS STATISTICS—Continued 1933 Earlier data for items shown here may be found in the 1931 Annual Supple! January ment to the Survey j Febru1 ary 1931 Decem- 1 Novem- October i e ° berm ber j ber " ! ! Au £ ust ! March j F|£yU~ July June May April 4 r , -.31 45, L'jW 47 52, 537 45,937 61,803 57, 872 58 35, 334 50, 166 49, 679 56 30, 593 TEXTILES— Continued Cotton finishing— Continued White, dyed, and printed (outside mills): ; Billings, finished goods thous. of yds... New orders, gray yardage_. thous. of yds.Per cent of capocitv per cent Shipments, finished goods cases Stocks, finished goods, end of month cases Unfilled orders, end of month davs Abrasive cloth. (See paper products.) 55,412 ; 59,119 : 59 31,410 41, 407 17,855 i 1 4\ 02'' 10, 02*. 41 10, r )lb 20, 75 j »> IS vs7 H 4% S7 i i, ^ j r "7, 4% 8. s}7 n!7"2 49 21 T7 A. 372 4^ : 'Jt, 4M i 21, «>"; 51,577 41, 119 45 27, 221 30, 109 60, 590 50, 394 52 31, 176 17 4i)7 1.6 1\<w»o 1.7 16, till 1. 5 1 K 433 1.5 17,141 1.9 10,677 2.7 17,64! 9 7 17,071 2.0 51 ! Cotton Goods Cotton cloth; Exports thous. of sq. yds.. Cotlon textiles:* New orders thous. of yds. . Production thous. of vds Shipments.-thous. of yds_Stocks, end of month thous .of yds.. Unfilled orders, end of month thous of yds Elastic webbing, shipments. --thous. of dolls.. Fabric for tire manufacture, consumption thous. of lbs_ Prices: Print cloth 64 x 60.. ^ dolls, per yd.. Sheeting, brown dolls. peryd_. Cotton -goods (Fairchildj-.rel. to 1911-13.- 3 U5M 30, 840 0 533 28, 007 i 02t'. 30, 759 245, 572 241 342 258, 744 239, 654 338,010 232, 707 268, 899 254, 05(5 377, 9<8 391, 150 b07 .039 . 043 86 . 036 . 042 85 1 <JV 29, 8! '7 2 185 3 6ul! 25,599 , 30,309 4 3''6 27,210 3 937 34, 370 3 990 30, 961 <> 8JQ 30, 776 9 53Q 33, 392 2, 148 25, 188 201,91'J 254. 6<j2 237. i- 34 L'24, 207 231,446 213,889 273, 390 333, 679 227,116 2 16. 207 255, 833 287, 708 167, 555 272,118 . 209,050 278, 049 227, 644 244. 924 250, 855 158. 353 192. 545 21 1,331 269,449 355, 902 260,163 273, 871 288, 235 160,029 225, 392 205, 603 301,943 137, 749 225, 955 217, 582 282,154 295, 334 271 , 638 317,185 273, 781 326. 691 212, 168 248. 354 319,328 322, 039 651 354, 957 715 344, 639 969 227, 167 ' 217,508 1.031 ! 969 277,597 i 330, 575 1,018 1,015 248, 54.4 1,124 294.118 1, 199 373, 951 1 , 363 395, 802 1,180 7,981 8, 361 9, 263 1 5, 1 40 j 17,085 14,041 1 2, 002 . 034 . 0 44 85 . 036 .047 . 038 . 046 91 !>, 585 i 11, 745 ; .041 i .050 : 95 ; .043 .052 100 | .049 ! .056 : 111 18, 010 15,244 .048 .054 112 . 050 .058 115 .053 .059 119 . 055 . 059 121 . 053 .C65 119 Cotton Yarn Carded sales yarn: Production thous. of lbs_. Stocks, end of month ,. -thous. of Ibs— Unfilled orders, end of month thous. of Ibs Prices: 22/1 cones, Boston dolls. perlb__ 40/ls southern spinning dolls, per ib__ 9,411 12,009 11,518 11,350 9, 349 10, 861 11,574 9, 832 14, 703 9, 461 10,858 ! 10,295 , 9,382 j 10,023 i 11,800 10, 181 10,067 11, 195 13, 377 11,212 11,081 12, 240 11,536 12, 537 10, 968 13, 420 32, 030 31,791 31,506 32, 519 32, 943 29,819 i 31,351 ! 32, 951 34, 017 34, 914 38, 825 40. 979 42, 407 .180 .285 . 175 .290 . 183 . 295 225 '.352 .215 .352 .223 .353 . 231 .369 . 240 .382 . 192 . 312 . 189 ,315 Floor Covering Felt base: New orders thous. of sq. yds_. Production . . -thous. of sq. yds_. Shipments thous. of sq. yds.. Lmoleum: New orders... thous. of sq. yds.. Production. thous. of sq. yds.. Shipments thous. of sq. yds.. .201 i .326 1 .212 .330 6,432 ! 6,463 I 7,944 j 5,626 8,228 5,621 4,810 9,012 5, 577 13, 662 10, 389 13, 383 11,368 6, 960 10, 169 9, 215 6,400 8,575 7,901 6, 757 8,239 6,850 6,387 7, 043 1,725 ! 1,792 i 1,627 ; 1,619 1,605 1,492 1,471 1,826 1, 496 2,257 1,817 2,306 1,932 1,845 1,912 2,002 1,901 2,112 2,459 1,945 2, 375 2,837 1,303 2, 602 : .239 . 390 Fur Sales by dealers thous. of dolls. _ 1,644 | 2, 651 3,760 6,609 i 5,465 6, 033 4,474 5,324 5,615 6, 693 6,049 Pyroxylin-Coated Textiles Pyroxylin spread . Shipments Unfilled orders end of month . thous. of lbs__ thous. of linear yds.. 2,121 1,956 2, 083 1,902 | 1,759 1, 709 2, 333 2,184 2,822 ! 2,667 2,419 | 2,411 2, 621 2,375 4,001 2,814 4,060 3,186 4,273 3,301 4,081 3,394 3,044 2, 724 thous. of linear yds.. 2 175 1, 789 I 1,986 2,180 2,401 ; 2,751 2,615 2, 656 2,810 2,962 3,358 3,058 239 i i . 75 j 299 276 202 225 295 439 274 .75 .75 .75 .75 . 75 .75 .75 1 53,819 i 46,454 7,331 | 7,167 44, 746 6,724 42, 161 6,409 45, 073 6,520 41, 356 4,823 55, 383 7,725 54, 242 7, 318 Rayon Imports . _ _ _ - . _ thous. o f Ibs. . Price, 150 denier, "A" grade, New York _ dolls, perlb.. 32 21 91 .75 .75 .75 Deliveries (consumption) bales 45, 909 Imports raw thous of Ibs 6,503 Prices: Raw, Japanese 13-15, New York . . . dolls, p e r lb__ 1.891 Silk goods composite dolls per vd .94 Silk machinery activity: Broad looms p. ct of normal 73.5 Narrow looms _ p. ct. of normal 44.6 Spinning spindles _-..p. ct. of normal. . 46.1 Stocks, end of month: At warehouses bales. 70, 570 Vt manufacturing plants bales 20, 510 71 107 1 .75 .75 58, 793 7,020 48, 432 i 8,861 I 50, 645 9, 639 56, 668 9,524 1. 953 .96 i 1.970 1 .96 ; 2. 315 .98 2. 266 .98 2.315 j .98 ; 2.512 .98 2.364 .98 2. 463 .99 2. 266 .99 2.266 .99 2.561 .99 2.709 1.00 88.9 41.0 50.0 89.4 41.8 ! 51.7 i 83.9 42.4 56.4 93.0 38.0 56. 4 90. 5 ! 48.3 | 53.4 ! 79. 4 38.2 48.7 76.4 35.3 44.6 75.6 43.9 42.8 76.3 42.5 49.5 90.9 44.6 51.8 93.8 44.2 58.6 96.5 51.7 58.9 69, 460 ! 67, 275 24, 651 I 23, 435 49, 921 23, 176 36,099 i 41,878 20,044 1 21,122 29,921 16, 990 37, 352 18, 706 32, 688 18, 206 35, 497 20, 425 47, 407 22, 231 45, 399 23,124 51,140 ; 107.9 53, 886 1 13. 7 45, 805 96.7 52, 199 110.2 47, 710 100.7 40, 373 85.2 38, 420 81.1 i 9,679 12, 987 16,868 14, 168 21,258 15, 348 11,687 ! 115 115 107 97 i 82 76 75 : ! 38 45 70 65 38 43 64 64 40 4.6 61 60 46 45 58 60 44 42 54 44 34 59 39 30 59 CO 64 78 61 73 ' GO r,fi 55 ! Silk Wool 62, 905 25, 180 t i ! Consumption at textile mills, grease equivalent thous. of lbs__ 34, 253 31,625 i 35, 424 42, 990 1 47,548 Consumption at textile mills.. rel. to 1923-25. _ 72.3 74.8 66. 7 90. 7 100.4 Imports: In condition, imported -thous. of lbs__ 9, 890 12, 556 6, 977 10, 536 13, 463 11.077 Machinery activity, 'hourly: Oombs.. .- ... ._ -p. ct. of hours active __ 65 \ 69 76 86 74 ! 109 Looms — Carpet and rugs. p. ct. of hours active.. 30 28 26 i 30 38 ; 40 Narrow p ct of hours active I 22 25 26 1 39 44 Wide p ct of hours active | 44 : 61 51 45 49 i 63 Sot of cards p. ct. of hours active __ 50 40 | 48 | 53 61 Spinning spindlesWoolen p. ct. of hours active _ _ ! 52 58 39 46 53 i C3 Worsted... ..D. ct. of hours active.. ! 51 53 49 ; 51 49 : 70 Months of March, June, September, and December contain 5 weeks other months 4 weeks. ; 31 ! 66 R3 66 i 514 44 SURVEY OF CURRENT BUSINESS April, 1932 MONTHLY BUSINESS STATISTICS—Continued Earlier data for items shown here may be found in the 1931 Annual Supplement to the Survey 1932 1931 I Febru- January jDecem- Novemary Septem August ber October May June July i 0.57 0.58 0.58 0.58 0.58 0.62 0.63 0.62 0.62 0.63 0.65 0. 66 0.66 .21 1.400 .21 1.400 .21 1.400 .21 1.400 .21 1.400 .22 1.400 .23 1.490 .21 1.494 .20 1. 494 .20 1.494 .22 1.494 .22 1.543 .23 1.601. .900 .90 .900 .93 .925 .93 .925 .95 .925 .95 .925 .95 .925 1.00 .925 1.00 .925 1.00 .925 1.00 .968 1.00 1.050 1.00 1. 050 1.10 5,131 2,996 8,127 4,928 6,307 i 11, 235 ! 5, 350 2, 227 7, 577 6,163 863 7,026 6,567 3,061 9, 628 16, 595 2,112 18, 707 34, 445 2,405 36, 850 76,046 3,335 79, 381 53, 779 2, 964 56, 743 26, 151 4,190 30, 341 10, 376 7,399 17, 775 8,215 5,064 13, 279 6,741 6,528 13, 269 1, 610 58, 386 49, 170 44, 826 23, 113 20, 574 38, 737 48,911 45, 006 39,908 46, 879- TOBACCO Unmanufactured : Production, crop estimate - mills, of Ibs. Exports, leaf thous. of lbs._ 31,218 Stocks— Chewing, smoking, snuff, and export types, quarterly mills, of lbs._ Cigar types, quarterly thous. of Ibs Total, including imported types, quarterly.. mills, of Ibs.Manufactured products: Consumption (tax-paid withdrawals) — Large cigars _ thousands 347, 729 Small cigarettes millions 7,680 Manufactured tobacco and snuff thous. of lbs._ 29,417 Production index (Fed. Res. Bd.) icl. to 1923-25 Exports, cigarettes -- _ _. thousands . 232, 348 MISCELLANEOUS PRODUCTION Buttons Fresh-water pearl buttons: Production, ratio to capacity per cent__ Stocks, end of month thous. of gross Imports: ButtonsProduct of Philippines. thous. of gross.. All other . .thous. of gross.. Shells— Mother-of-pearl. _. _. thous. of Ibs .. All other thous. of lbs_. Tagua nuts.. thous. of lbs_. February I i ! TEXTILES— Continued P i sWool— Continued Raw, territory, fine, scoured.dolls. per lb._ Raw, Ohio and Penn. fleeces, )4 blood, combing, grease dolls, per lb_. Suiting, 13-oz dolls, per Ib Women's dress goods, French serge, 54-in. at factory dolls, per yd._ Worstcd yarns . dolls, per Ib Receipts at Boston: Domestic thous. of lbs-_ Foreign . thous. of Ibs Total . - . thous. of Ibs.. March April 73 24 4 25, 047 56, 585 3 3 1 612 321, 305 3 i 606 53 843 8 1, 419 a 342, 025 3 2, 013 s ] , 453 3 370, 142 3 1, 841 3 3 1, 698 354, 184 3 1, 915 2, 151 342, 924 8, 963 304, 531 7, 295 477. 458 7,850 534, 371 8,956 449, 330 9,695 463, 256 9,520 478, 901 10,700 517, 514 11,508 467, 300 10, 448 459, 982 9,471 440, 472 9,802 362, 839 8, 836 30, 883 25, 813 27, 935 34, 139 33, 278 31, 558 30, 661 31, 086 30, 780 30, 781 31, 049 29,562 121 190, 823 2 113 240, 727 2 113 228, 793 2111 191, 385 118 257, 854 118 254, 049 2 121 243, 233 2 132 244, 201 2 135 250, 858 2132 241, 703 131 324, 808 M33 256, 706 8,525 32.4 43.0 8,794 42.3 8,629 46.9 8,640 42.9 8,583 45.0 8, 689 31.3 8,803 9,252 9,224 44.7 45.2 9,408 47.5 9,518 44.6 9,807 73 14 52 0 76 10 50 11 62 5 95 6 68 10 118 446 61 11 55 2 94 2 59 3 600 1,133 2,117 416 69 2,044 563 498 1,500 445 479 2,025 451 83 2,014 399 467 1,527 256 134 2,025 202 527 1,999 272 43 901 395 48 1,720 289 95 592 273 369 1,329 113 125 157 121 101 110 146 148 120 79 159 45.0 FUELS Coal Anthracite: Exports ._ .. -. thous. of long tons 87 96 PricesRetail, composite, chestnut dolls, per short ton 14. 97 14. 95 Wholesale, composite, chestnut dolls per long ton 13. 170 13. 170 Production thous. of short tons. . 4, Oi9 3, 897 Stocks, end of month, in yards of dealers no. of davs' supplv Bituminous: Consumption — By coke plants — Canada .thous. of short tons United States . thous. of short tons 3,018 3,172 By electric power plants.. thous. of short tons . 2,809 By railroads thous. of short tons... 5,234 By vessels clearing ports .- -. thous. of long tons 93 122 | Exports thous of long tons 386 389 PricesMine average (spot) dolls per short ton Prepared sizes (cornposi te) dolls, per net ton . . 3. 929 3.953 Retail, composite. dolls, per short tcn_. 8. 14 I 8. 17 Wholesale, composite dolls, per short ton.. 3.701 3. 699 ProductionCanada thous of short ton? United States thous. of short tons.. 28,013 27, 892 Production index rel. to 1923-25 63 | 58 Stocks, end of month, held by consumers, .thous. of short tons 14.97 14. 96 14. 97 14.93 14.73 14.59 14.31 14.19 14.39 14.85 14.85 13. 166 4,671 13. 083 4,141 13. 083 6, 551 13.083 4,358 12 796 4,314 12.614 3, 954 12. 413 4,544 12.270 5, 005 12.202 5,700 12. 608 4,745 12. 732 5, 391 60 75 75 60 45 21 54 197 198 191 179 186 193 213 229 230 247 235 3, 354 3,442 3, 616 3,459 3,634 3,795 4, 027 4,629 4,682 4, 902 4,408 3, 117 5, 314 3, 222 5, 290 3.454 5,776 3,280 5, 268 3, 233 5,419 3,168 5, 463 2, 954 5, 314 2,953 5,821 2,963 5,885 3,410 6, 414 3,286 5,810 99 521 134 1, 150 183 1,078 163 1,163 165 1.217 186 1,087 209 994 195 926 168 671 136 665 141 645 1.62 1. 58 1.58 1.56 1.60 1.64 1.69 1. 77 3. 950 8. 19 3. 962 8.23 3. 954 8.22 3. 954 8. 17 3.907 8.11 3. 856 8.09 3. 816 8.00 3.838 8.04 3.845 8.46 4.001 8. 71 4.223 8.83 3. 701 3. 705 3. 703 3. 705 3.704 3.706 3. 692 3.723 3. 760 3.791 3. 814 30,110 67 1,204 35, 700 71 1,005 31,919 70 760 30, 534 70 826 29, 790 74 902 888 29, 1 K5 ' 28,314 74 75 888 28, 478 1,028 33, 870 76 963 31,408 73 36, 100 34, 500 30,900 30,100 26, 900 29, 500 1 194 30, 260 64 35, 500 Coke Exports thous. of long tons._ Price, furnace, Connellsville dolls, per short ton.. Production: Canada thous. of short tons United StatesBeehive thous of short tons By- products .thous. of short tons . Asphalt: Petroleum Imports . .thous. of short tons Production thous of short tons Stocks, end of mo nth__ thous. of short tons, . 2 Revised. 29 86 1,996 1 ! 45 : 22 28 4] 50 52 87 50 86 43 54 67 2. 25 2.34 2.38 2.45 2.45 2.45 2.45 2.45 2.48 2.50 2.50 2.53 147 144 140 126 132 139 155 169 169 179 165 88 2, 101 82 2,234 98 2,276 105 2,389 78 2,310 70 2,443 76 2,569 87 2, 715 94 3,126 109 3, 146 149 3, 256 163 2,898 0 131 308 0 132 302 0 210 299 1 314 299 12 326 340 14 312 332 4 314 349 10 315 393 9 304 380 7 248 360 190 354 3166 332 5 Quarter ending in month indicated. As of Dec. 1. 45 SURVEY OF CURRENT BUSINESS April, 1932 MONTHLY BUSINESS STATISTICS—Continued Earlier data for items shown here may be found in the 1931 Annual Supplement to the Survey 1931 1933 Febru- January Decem- Novem- October Septem- August ary ber ber ber July June May April March February 1 FUELS— Continued Petroleum—Continued Coke: Production thous. of short tons Stocks, end of month. thous. of short tons _ Crude petroleum: Consumption (run to stills) .thous. of bbls_ Imports .. _ -thous. of bbls -. Oil wells completed number Price, Kansas-Oklahoma.. .dolls, per bbL_ Production . _ . . _ _ - -thous. of bbls-. Production index rel. to 1923-25_. Refinery operations p. ct. of capacitv. Stocks, end of monthCalifornia— Heavy -thous. of bbls.. Light thous. of bbls East of California — Refineries thous of bbls Tank farms and pipe lines thous. of bbls .Total thous. of bbls MexicoProduction thous of bbls Exports thous. of bbls Venezuela— Exports thous of bbls Production thous. of bbls Gas and fuel oils: Consumption—By electric power plants.thous. of bbls . Bv railroads thous of bbls By vessels thous. of bbls.. Price, Oklahoma 24-26, refineries dolls, per bbl Production thous . of bbls - _ Stocks at refineries at end of month thous. of bbls Gasoline: Consumption thous of bbls Exports thous. of bbls . Exports thous. of dolls _ Prices, wholesale, New York. dolls per gal_. Prices, retail, filling station, 50 cities dolls per gal ProductionNatural gas (at plants) thous. of bbls Raw (at refineries) thous of bbls Retail distribution 41 States mills.ofgals Stock, end of monthNatural gas (at plant) thous. of bbls Raw (at refineries) thous. of bbls Keiosene: Consumption thous. of bbls Exports thous. of bbls ._ Price, 150° water white dolls, per gaL. Production thous. of bbls Stocks at refineries, end of month thous of bbls Lubricating oil: Consumption thous. of bbls.. Price cylinder oil.. dolls, per gal_. Production thous. of bibs Stocks at refineries, end of month thous. of Ibs-. Wax: Production thous. of Ibs Stocks, end of month thous. of Ibs .710 106 145 1, 460 168 1, 512 168 1,439 159 1,393 180 1,516 178 1,451 68, 715 2,047 643 .710 66, 884 113 60 72, 721 4, 315 744 .710 73, 174 121 64 2 71. 639 3,604 874 .710 72, 851 2 122 64 2 76, 083 4,106 705 .560 73, 079 116 65 75,094 3,426 445 .560 63, 636 102 66 80, 672 2,702 441 .434 68, 418 107 69 93, 033 42, 421 93, 274 42, 114 2 93, 673 2 93, 493 241,777 2 41, 519 2 93, 961 241,888 151 1, 053 78, 521 2 74, 761 4,512 4,162 498 519 ,530 .530 77, 164 73, 101 122 121 67 67 2 73, 651 3,715 383 .594 69, 397 112 64 2 65, 314 4,789 450 .850 60, 645 110 63 2 96, 972 2 96, 635 2 44, 003 i 43, 907 2 97, 905 * 43, 428 2 95, 362 2 96, 341 - 43, 930 2 44, 540 36, 546 36, 566 36, 705 38, 358 39, 021 41,007 41, 734 41,819 41,413 40, 786 42, 027 286, 020 322, 566 284, 222 320, 788 283, 201 319, 906 284, 840 323, 198 294, 831 333, 852 305, 009 346, 016 305, 876 347, 610 306, 287 348, 106 308, 752 350, 165 310,377 351, 163 313,310 355, 337 2,654 1,833 2, 350 1,409 2,359 2,628 1,864 2,841 1, 488 3,129 2,183 2,960 2,716 3,080 2,808 2,761 2,392 2,819 1. &28 2, 564 1,463 9,101 9,922 8,984 9, 535 9,639 9,440 9,420 9,412 9,274 9,796 9,401 9, 913 8, 561 9, 181 9,049 9, 515 8, 586 9,263 10, 362 10, 283 9, 516 9, 486 2739 2,899 3,447 721 3, 344 707 3, 554 3,643 692 3, 236 3, 095 726 3,286 3, 442 712 3, 567 3,839 622 3,440 4, 053 541 3,606 4,286 552 3, 536 4,043 643 3, 644 3, 667 637 3,181 3,622 .510 .488 2 29, 733 229,505 .588 2 25, 964 33, 854 32, 105 ' 32,159 2 39, 246 < 38, 637 2 35, 999 2 33, 957 4,792 4,166 3,093 3,988 12, 540 9,007 7.234 10, 705 ,133 .133 .133 .133 2 30, 780 2, 841 8,426 .133 2 26, 061 3,586 10,604 .138 .350 .338 .319 .280 .338 ' 27, 187 2 27, 108 2 28, 265 2 27, 639 2 29, 129 2 .294 .463 .385 28, 801 2 28, 406 2 28, 952 39, 927 42, 582 45, 434 44, 883 2 45, 334 2 44, 480 Ml,339 26, 845 3,300 7,600 .123 30, 529 2, 533 5, 898 .128 30, 640 3, 710 8,300 .143 35, 051 3, 325 7,180 .143 36, 670 3,074 7,178 .143 « 39, 470 4,036 8, 758 .133 . 125 .122 .124 .137 .149 3,342 33, 535 3,476 36, 051 3,405 36, 137 3,345 38, 582 3,062 37, 469 3,179 39, 283 3,521 38, 440 3,521 37, 024 3,814 39, 019 3, 824 36, 601 962 4,048 35,246 874 3,631 31, 328 777 645 52, 870 641 38, 696 524 36, 356 614 35, 105 722 36, 405 855 40, 332 860 44, 296 996 47, 948 1,006 48, 587 884 48,225 692 45, 355 2, 612 1,184 .046 3,798 3,358 640 .044 3,713 2,906 1,206 .041 3,815 3,042 1,267 .039 3,701 2,341 1,057 .039 3, 239 2,678 1,131 .038 3,685 2,114 1,214 .038 3,696 2,104 720 .042 3,404 2,395 1,145 .045 3,389 2,804 753 .048 3,397 2,691 1,151 .051 3,676 2, 272 974 .053 3,171 5,304 5,332 5,618 5,924 6,558 6,734 6,869 6,521 5,960 6, 129 6,300 6, 477 1,512 .153 2,092 1,366 .164 2,049 1,211 .181 2,164 1,639 .200 2,267 1,549 .198 2,143 1,753 .134 2,306 1, 969 .110 2,337 1, 615 .112 2,088 1,865 .118 2,264 1,850 2 . 125 2,316 1,950 2 . 134 2,293 1,583 2.135 2,036 9,478 9,511 9,422 9,113 9,224 9,289 9,597 9,763 10, 119 10, 463 10, 710 10, 911 809 57, 362 .161 2 94, 633 * 94, 587 2 42, 300 2 43, 625 170 1,089 36, 594 325 25, 530 .045 79, 758 2 76, 187 3,588 3,978 599 2643 .238 .300 77, 961 75, 116 122 122 67 68 168 1,158 178 1,250 283, 607 320, 201 684 2, 965 3, 031 .123 180 1,315 173 1, 391 2 2 38, 591 36, 579 43, 680 188,476 45, 360 180, 843 46, 760 183, 938 46, 200 189, 167 42, 000 191, 158 37, 520 198, 198 37, 800 1, 98407 34, 160 200, 836 35, 840 205, 803 33, 040 205, 105 37, 520 208. 620 38, 640 229, 414 1, 138 7,641 678 155 1,626 11, 073 942 266 1,882 14, 007 1,311 564 1,911 14, 234 1,469 631 1,603 11, 967 1,604 397 1,316 10, 008 1,304 295 1,613 12, 314 1,393 515 2,191 16, 692 1,886 682 2, 375 16, 959 1,886 742 2, 421 17, 173 1, 632 749 2.203 16, 002 1,418 651 1,965 15, 307 1,801 519 513 182 222 1,424 203 1,326 78 388 167 38 97 14 255 186 215 57 593 283 309 2,238 198 2,020 45 708 381 56 139 29 322 235 186 132 676 399 342 2,729 251 2,685 32 984 378 72 124 116 404 308 217 186 619 444 334 2,665 237 2,634 42 1,231 246 91 167 123 374 313 232 149 547 354 328 2,277 187 2,001 41 842 90 50 98 88 463 174 305 95 428 180 378 2,210 180 1,805 28 453 77 55 88 45 422 114 317 41 422 531 426 2,658 253 1,904 59 630 159 102 170 88 445 141 291 98 486 481 553 3,221 294 2,408 121 1,324 391 190 252 184 526 128 315 208 479 412 387 3,417 274 2,419 196 1,462 308 157 247 216 458 116 294 209 542 494 301 3,552 319 2,665 210 1,536 168 191 216 232 471 209 274 206 507 436 304 3,421 294 3,098 266 1,269 123 160 198 111 348 246 276 169 519 316 302 3,194 267 3,200 222 967 103 191 181 79 384 348 363 95 350 176 271 317 331 67, 762 470 168 509 416 427 77,005 806 118 410 334 562 81, 891 889 117 434 231 560 87, 803 963 201 240 17.1 450 77,208 683 245 160 172 328 67, 169 783 334 180 321 414 66,877 1,091 522 366 615 451 79, 772 1,261 438 345 711 529 88, 443 1,246 309 380 769 502 88,737 1,102 166 354 577 510 90,244 849 131 360 480 436 72,282 DISTRIBUTION MOVEMENT Advertising Magazine advertising thous. lines ._ 1,469 Magazine advertising, total thous. dolls__ 11, 622 Automotive industry thous. dolls.. 1,781 Building materials thous. dolls 249 Cigars, cigarettes, and tobacco thous. dolls 665 Clothing and dry goods thous. dolls.. 232 128 Confectionery thous . dolls . . 2,592 Drugs and toilet goods thous. dolls ._ 210 Financial thous. dolls Foods thous dolls 2,326 132 Garden thous. dolls 693 House furnishings thous. dolls Jewelry - .. thous. dolls 37 Machinery thous dolls 53 Office equipment thous. dolls. _ 105 Paints and hardware thous. dolls 51 Petroleum products thous dolls 239 198 Radios thous. dolls 262 Schools - thous. dolls Shoes thous. dolls 31 Soaps and housekeepers' 702 supplies thous. dolls Sporting goods thous. dolls.. 73 193 Stationery and books thous. dolls. _ 342 Travel and amusement thous. dolls .. Miscellaneous thous. dolls .. 327 Newspaper advertising. .thous. lines.. 63,557 2 Revised. 46 SURVEY OF CURRENT BUSINESS April, 1932 MONTHLY BUSINESS STATISTICS—Continued 1932 l Earlier data for items shown here may \ be found in the 1931 Annual Supple- Februment to the Surrey January ' ary 1931 TJe c P m b c r - August ^H October September X DISTRIBUTION MOVEMENT— Con. Advertising—Continued i Radio broadcasting, total cost thous. dolls. J 3.891 3.984 . 3,598 2. 741 3.505 : 3.253 2, 527 Automotive industry -thous. dolls.. ! 231 232 163 Co 172 95 68 Building materials . thous. dolls. _ 0 28 25 13 i i 36 31 , 37 Cigars, cigarettes, and toj baoco thous, dolls J 479 SOI 828 > Oil 467 578 i 513 Clothing arid dry goods thous. dolls. . 20 IS 51 27 32 53 i 49 Confectioner v thous dolls '. 109 151 160 142 106 173 ! 128 Drugs and toilet goods thous. dolls.-: 888 489 881 ; . 702 687 : 650 396 Financial thous dolls. _ _ 116 142 :: !36 130 128 i 136 98 Foods thous. dolls 665 973 '! 873 652 1,001 806 ' 790 Bouse furnishings thous. dolls..; 84 32 !; 83 75 ; 59 65 59 To-wiry thous dolls 3 10 [ 8 0 ~9 12 ' 10 Machinery thous. dolls ;. j 73 :: 68 72 i 53 37 70 31 Paints and hardware ..thous. dolls. .| 53 I ' 64 72 60 i 72 41 Petroleum products thous. dolls i 140 : 127 90 115 ; 107 89 133 Radios _ . _ -thous. dolls. J 22 40 j 62 50 ! 49 18 8 Shoes, trunks, and bags thous. dolls. .: 124 82 ji 94 51 144 I 141 69 Soaps and housekeepers ' supplies thous. dolls..., 129 122 i 122 153 88 ' : 126 99 Sporting goods thous. dolls..; 24 33 11 j i 13 0 16 ! 13 Stationery and publishers thous. dolls. ,[ 118 110 : • 138 84 120 ! 130 93 o Travel and hotels thous. dolls..! 2 2 ! 2 3 3 2 Miscellaneous _ -thous. dolls. . 79 96 89 90 97 78 86 Agricultural Products (Marketing) Agricultural, total rel. to 1923-25116.6 2 88. 9 96. 5 84.9 152. 4 | 207, 1 75.0 Aniinal products: Dairy products .rel. to 1923-25. _ 90. 5 96.3 99. 7 94.9 I 92.6 103. 6 2 103. 2 Fish .rel. to 1923-25160. 1 288.7 :; 79.7 117.2 ; 140.5 1.89. 3 114. 4 Livestock rel. to 1923-25.. 88.3 89.3 89.9 82.5 96.2 ; 104.2 79.2 Poultrv and eggs _..rel. to 1923-25 .. 88.4 88.0 2 77. 8 136. 6 117.2 75.4 78.4 Wool rel. to 1923-25 .. 125.1 259. 6 37.1 ; 40.3 46.5 ! 49.5 38.7 Total rel. to 1923-25.. 91.5 94.3 2 91. 5 * 97. 2 97.5 | 96.6 87.3 Crops: Cotton rel. to 1923-25152. 1 97. 2 29.2 274.9 1 366.7 80 3 2 133. 1 Fruits . . .rel. to 1923-25. _ 129. 2 67,7 I 62.9 154. 6 96. 8 ! 191. 1 74.5 Grains rel to 1923-25. 79.8 130.0 246.0 41.7 65.9 84.0 62.5 Vegetables rel. to 1923-25. _ 103.2 64.1 82.3 70.5 79.1 ! 131.9 80. 1 Total rel to 1923-25 119.3 2 88. 6 2 96. 4 83.9 158 8 i 219.2 73.6 Collections j Delinquent accounts, electrical trade: Amount _ dollars. . 93, 376 78, 534 82,819 L 95,161 73, 165 95, 414 70, 681 Delinquent firms number786 938 996 877 I 987 780 911 Forest Products (Marketing) Distilled wood rel. to 1923-25. 22. 1 230.4 \ 33.5 31.4 i 30.0 17.2 27.1 Gum rel to 1923-25 26.1 i| 90.4 24. 1 97.2 ! 114.0 141.5 111.9 Lumber rel. to 1923-25 M5.0 i i 45.8 52.7 i 60.4 56.6 63.2 46.9 Pulpwood rel. to 1923-25— 93.6 90. 9 ; 82. 1 56.1 63.5 94.1 2 100.7 ii 2 Total rel. to 1923-25.. 249.5 i! 250.9 57. 6 50.5 56.7 ' 63.1 64.3 Postal Business Air mail, weight dispatched.. ..pounds.. 669, 077 ! 827, 530 720,301 j 836,603 796, 703 804, 455 Money orders: : Domestic, issued (50 cities) — Quantity thousand*.3, 600 i 2 3, 749 3,6<>1 4.125 3, 379 3, 368 Value ._ -thous. of dolls.. 35, W 39,329 33, 800 35, 458 i 2 37, 801 33, 370 Domestic, paid (50 cities) — Quantity . thousuivl^. 9,795 ' 11,500 9,751 ; 2 10.521 9, 121 9.074 Value . _ I thous . of dolls . . 74, 679 SI, 318 ; 286,759 71, 622 78,11'.) ! 01,567 Foreign, issued. thous. of dolls . < 140 4, 490 3,971 1 4,027 3. 958 Postal receipts: Total index rel to 1923-2") 90 9 88. 8 95 4 ! 132. 0 95.2 ' 107.4 98.8 50 selected cities thous . of dolb. 21,061 25,312 .U, %6 25.355 i 28,618 26, 335 23, 389 50 industrial cities. thous. of dolls.. 2, 832 2. 897 2,809 3, 150 2,911 4,068 2, 869 Retail Sales Department store sales, value of: United States, adjusted rel. to 1923-25.. 79 84 2 7 8 ;| 81 83 : 86 88 United States, unadjusted.rel. to 1923-25... 87 69 267 i j 142 95 • 93 67 Department store stocks, end of month: United States, ad justed.-., rel. to 1923-25.. 75 :| 78 81 79 87 ; 80 United States, unadjusted .rel. to 1923-25.. 84 69 67 ij 73 98 : 88 76 Installment sales in New England ! dept. stores, ratio to total sales per cent.. 8.9 4.6 9.1 i 11.0 11.9 Mail-order houses: Total sales, 2 houses thous. of dolls.. 32, 581 31,975 j 58,821 45,898 1 52,280 45, 955 43, 004 Total sales, 2 houses rel. to 1923-25.. 100 98 i j 180 141 140 : 160 132 Sears, Roebuck & Co thous. of dolls.. 20, 618 19,947 i! 36,922 27,495 i 30,246 28, 450 26, 597 Montgomery Ward & Co -thous. of dolls. _ 11, 963 12,028 || 21,899 | 18,403 | 22,034 17, 505 16, 407 Restaurant chains: ;| Childs Co.— Spies thou^ of dolls ... 'i 2,163 i 2. 164 1,980 ! 2,208 2, 030 1 Stores operated . number 108 | 106 ! 107 108 108 J. R. Thomspon Co.— Sales thous of dolls i 1 233 1 1,187 ~ 1,325 1. 301 ij ' H6 j Stores operated number 116 i 115 ' 117 117 l Waldorf System (Inc.)— Sales thous. of dolls.. 1.223 i 1,341 ! 1, 181 1,252 i 1,359 1 1,303 ! 1,246 Stores operated number 161 ' 159 j 159 156 •' 156 156 154 Total sales, 3 chainsTotal thous. of dolls i 4,419 : 4,892 4,745 . 4, 577 Stores operated ... number . 378 378 381 ' 383 i 379 Grocery chains: Atlantic & Pacific Tea Co.— Total sales thous. of dolls.. 69, 861 68,967 i 91,311 1 74,703 i 95,498 74, 642 74, 411 \' 5 i Weeks in mouth number 4 4 4 4 1 5 Weekly average thous. of dolls.. 17, 465 18, 660 i 18, 603 19,100 |j 18,262 i 18,676 Tonnage sales tons.. 412, 767 !) 516,171 1 418, 762 524, 743 411,883 : 399. 779 Weekly average tons . . 103, 192 i H 103.234 i 104,691 ; 104,949 102, 971 • 99, 945 2 Revised. July June | May March j F^1' 1 April J : ! 2, 764 89 32 2.835 3,036 3,164 i 3.141 i 2,591 99 19 91 30 122 39 ; 117 : 37 I 98 36 476 38 135 453 112 730 39 0 29 81 96 10 86 476 44 112 452 126 748 44 S 39 72 89 84 95 434 66 90 471 155 788 85 17 76 69 103 118 95 i 412 51 86 465 125 781 93 1C 76 56 91 142 112 146 34 92 2 84 129 29 86 22 62 115 29 128 ; 30 i 134 i 133 23 122 31 172 103.2 , ! ' i • . i ; j | 61.4 | 123. 6 161.2 72.6 88.6 156.6 144.5 77.9 115.6 j i i i 425 68 100 463 130 762 71 18 72 74 95 104 131 110 37 107 27 115 ! ; 1 i ; • ; ; ' i I ; i i j 1 66. 4 i 130,9 138.5 80.2 125.6 1 j ! i 573.2 405.4 j 197.1 i 105.2 118.0 ; 106.7 22. 6 139.3 182.9 103.4 103.0 9. 1 88. 8 68. 6 165.8 55.2 28. 3 102. 2 69. 0 135.6 62. 0 j j l i i ! 1 ! i i ! j ! '• ; 57.9 j 113.1 174.3 82.6 137.0 i ! ! ! 78. 2 ! : ! 1 ! ! i ! i ! i : i 262 48 84 445 110 690 46 10 86 36 84 121 91 ', 1 • 63 15 105 24 137 i ; i i 91.3 116.2 79.8 94.0 61.9 ' 50.8 67.3 102.9 169.4 79. 6 121.8 68.7 101.2 i 94.0 85.5 29. 8 70. 6 63. 9 93. 3 53.1 38. 6 ; 75. 1 i 80. 0 ! 104.3 : 64. 4 ' 45. 1 68. 1 84. 6 91.1 66.8 i 1 j i i ! i 111,183 ! 91,332 ! 112,843 ' 138,592 ! 132,609 948 941 | 1,258 | 1, 228 | 1,141 98, 621 933 20.4 186.7 61.1 76.1 64.6 27. 5 189. 5 62.1 93. 9 67. 2 i i i | 34. 7 136. 5 62.8 105. 6 66. 7 | s ! ! ! 44. 6 98. 3 !! 59.1 112. 5 i 63. 6 ' 68. 9 39. 7 55. 4 100. 5 59. 3 i i \ i j 63. 7 25. 5 51.6 87. 0 54. 4 781,419 ! 750,960 ! 750,638 '; 724,617 i 642,484 779, 105 ; : 3. 501 34, 224 3, 729 i 3, 766 : 2 3, 766 ' 4, 015 ; 36, 315 | 36, 006 2 36, 006 j 37, 250 | 3. 567 33, 240 9, 930 76, 365 4, 412 10,734! 10,9021210,902 11. 132 ' 79,311 !l 81,956 i 2 90. 646 ; ! 81,747 4,348 4,073 4,442 5,014 ' 9.701 70.935 4,032 92.9 24, 578 2, 903 99.4 j 104.5 26, 442 < 27, 844 2, 957 i 3,047 91 109.9 i 113.1 29, 257 30, 178 3,268; 3,2^1 100.1 26, 4j", fc, 215 : 9S 80 83 i 87 | 84 87 ; 86 81 6. 5 : 8. 4 i 10.6 49, 480 i 50. 070 j; 52, 078 '. 43, 008 ! 151 i 153 159 ; 132 i ! 29,773 ! 30,261 ! 31,523 1 31,520 25,407 ; 15,320 i 19,219; 18,547! 20, 558 i 17,601: 39, 422 121 24,377 15,245 '. | 65 95 • 90 ; 97 97 81 75 82 i 80 ! 83 , 85 6.7 4.7 i 7.0 106 ; 101 ; 97 92 45, 093 138 i ; 1,957 2,059 1,086 1 117 ; 1.0931 1.202, 1,175 117 116 ; 120 | 1,244 i 165 j 1,245 i 162 ; 1,337 ; 162 : 1.360 ! ' 160 i 1,351 160 i 1.210 160 ! l 4,188 • 391 i 4, 185 ! 388 : 4, 496 i 386 | 4, 594 ' 387 ; 4, 623 j 388 ! 4, 181 391 1,858 108 i 95, 528 i i 109 ; 80, 851 5 j 4 19, 106 ! 20, 213 513, 095 454, 268 102, 619 i 113,567 •; 108 ; : no 117 i 102, 946 i 85, 160 ! 5 ! 4 ! 20, 589 ! 21, 290 I 563, 223 ! 454, 479 2,064 ; 1,847 < 1 1,889 in in 1,208 ! 117 1,082 i 82, 719 ' 2 82, 441 i 4 ; 4 j 20, 680 : 2 20, 610 ; 435, 292 . 439, 545 i 112,645 ; 113,620 i 108.823 : 109,886 SURVEY OF CURRENT BUSINESS April, 1932 47 MONTHLY BUSINESS STATISTICS—Continued Earlier data for itetns shoicn here may be found in the IS 31 Annual Supplement to the Surrey 1932 j 1931 Febru- i r Decem- NovemSeptem- August ; ary j January | ber ber i October ber DISTRIBUTION MOVEMENT- -Con. .Retail Sales— C ont i nuecl Chain stores, sales: F. W. Woolworth & Co.— Sales thous. of dolls -- 18,793 : 17,991 Stores operated. _ number.. 1,906 ! 1,902 | F. & W. Grand-! Snles thous of dolls Stores operated number G. C. Murphy Co.— Sales thous. of dolls 1,221 ! 1,111 I Stores operated- _ number 171 i 171 ! Isaac Silver & Bros. — Sales thous. of dolls.. "1 ! Stores operated-. number. J. C. Penney Co.— Sales thous. of dolls. . 9 586 ! Q 288 1 Stores operated number. . 1,460 j 1,460 ! McCrory Stores Corp.-— Sales . .. . _ thous. of dolls 3,067 2,919 ; Stores oDerated _ . number. _ Metropolitan; Sales thous. of dolls.. --------L_Stores operated .number.. S. H. Kress & Co.— Sales . thous. of dolls. _ 4,698 4,274 ; Stores operated _ _ number __ S. S. Kresge Co.— Sales thous. of dolls 9,080 i 8,845 i Stores operated number W. T. Grant Co.— Sales _ . .thous. o fdolls . 4,839 ! 4,495 ! Stores operated __ . number. 406 ! ! Five and Ten— chain group: Actual rel. to 1923-25 . 121 ! 115 i Adjusted for seasonal ...rel. to 1923-25-. 155. 0 i 155. 1 Warehouses Public merchandising warehouses, space occupied.. . . p. ct. of total-. 39,713 1.906 22, 005 1, 906 26, 150 1,906 21, 732 1,902 3. 158 123 1, 740 123 2, 134 1 , 699 121 ] 2,961 172 1, 578 172 • 1, 490 172 1 519 1, 145 45 21,269 1, 450 6, 882 244 610 | 832 45 ! 45 16, 493 i 17, 968 1. 458 • 1,458 3.469 ! 244 ! 565 83 11,221 221 22, 173 711 172 ; 5,587 ! 221 j 11, 220 710 3, 881 244 643 83 -565 i ],028 : i1^ 119 : r)94 45 ; 13.257 ' M56 i 3. 260 i 244 i 3. 2214 i 43 571 83 5. 706 222 5, 295 220 | 12.498 705 10, 957 1 703 ; 7. 423 '400 5. 570 386 279 143.5 148 146. 6 169 152.0 65 8 266.7 66. 6 39,063 i 54, 218 40, 290 19, 386 1, 888 1, 588 168 1,329 166 1, 204 166 695 45 723 45 596 45 513 45 15, 450 1, 453 15, 380 1, 454 12, 443 1. 454 9. 540 1, 453 3. 240 ! 3,412 243 i 243 3, 703 243 3, 381 242 2, 946 242 692 45 ' 702 ! 83 : 713 84 722 91 508 Cp 445 94 5,104 ! 218 j 5,467 1 217 ! 5, 469 216 5,761 216 5, 259 213 4,487 211 11,896 ! 12, 123 694 ! 690 12, 590 688 11,035 684 9,770 683 6, 606 367 6, 402 364 5, 334 354 4,347 350 168. 0 106 160 167.9 144 158.7 127 162. 5 65. 8 65.9 68.8 67.9 49,894 ; 50,671. ' 55,320 !1 60, 845 47, 308 ; 48, 379 ,! 52, 508 73, 457 34, 674 51, 189 56, 296 75, 348 44, 914 50,994 214, 888 235, 881 224, 413 6, 129 4,925 4, 923 4,9.54 518 1 83 ! 1 21,724 1, 894 1,541) 168 169 | 12,779 '. 14,832 ! ^453 • 1>454 : 3, 004 ! 242 j 2?,, 830 1, 896 1,431 114 1 t({\Q 589 ; 45 i 24. 117 1, 896 March 1 Febru | ary 1, 664 116 1 A^K i 170 ; April 2,004 , 117 119 <2 ' May 1.825 118 1,833 ; ! l 14. 577 1J457 ; 6, 485 400 | June 21,712 ; 21,079 21,978 1, 895 i i f C89 i 1, 889 < 607 44 12, 111 402 July 5 28fi ! ' 2i8 ; 558 83 10,976 i io,722 : 699 i 696 I 5,395 ' 381 i 5 i22 7 ! '375 6,289 i 371 ; 142 156.3 143 i 160.0 i 140 ! M8.5 i 148 161.7 j 65. 3 65. 7 64.6 63. 9 1 64.7 58, 430 46,911 56, 534 45, 933 49, 909 45, 379 193, 554 204, 904 ISO, 220 3, 598 5, 376 4,140 41, 227 14, 259 37, 221 13, 131 34, 548 12,370 28, 996 i 34, 660 30, 277 ; 33, 420 8, 357 i 10, 885 i 8, 798 ! 11,201 36, 202 14, 230 38,913 17, 995 33, 252 11,257 100,826 8,6H1 15,694 4. 108 46, 280 111,983 8, 802 1 7. 352 a 158 SO! 559 90, 361 7, 726 12,837 3, 986 34, 589 74,567 !; 79,977 8, 106 7, 392 7,873 j 8,286 3,239 ; 3,757 27, 815 32, 564 ! 88,149 1 89, 576 1 8, 688 : 10, 121 ' 10,819 13. 153 j 3,622 3, 887 ; 30, 915 34, 238 94, 320 11,329 12, 282 3, 884 33, 344 1 13, 838 12, 456 19, 195 5, 691 39, 706 117. 938 13, 564 16, 960 4, 168 38, 626 38, 550 25, 760 -10, 072 26, 621 40, 941 28, 002 44,328 | 48,018 ; 51,247 30,579 I 32,677 i 35,030 59,581 41 ,664 62, 974 44,851 63. 068 41,860 52, 762 35, 305 9, 354 2, 701 JO, 252 3, 435 10, 230 3, 658 10,770 ; 12,945 f 12,869 4,420 : 4,706 ' 4,295 15, 286 5, 583 16.467 5, 803 15, 139 4,512 15, 508 4, 922 190,318 68, 039 201, 385 63, 624 177, 382 44, 390 161,494 ! 176,977 ! 182,797 25,500 ! 28,376 \ 29,070 199, 225 36, 484 210.061 40, 151 231,081 56, 428 220, 660 47, 660 : ; FOREIGN TRADE Total trade: Exports Imports Canadian . thous. of dolls. . 37,019 thous. of dolls - 35, 586 34, 1 15 i United States Exports: Grand total, including reexports __ thous. of dolls . •' 149, 901 183, 578 By grand divisions— ; 3,140 Africa, total thous. of dolls.. 4,317 ; Asia and Oceania— Total thous. of dolls... : 38,667 ! 43, 660 Japan thous. of dolls.. ; 16,945 18,445 Europe — C)9 949 Total thous of dolls 71 082 France thous of dolls 9 340 i 8^274 Germany thous. of dolls. _ _| 12,058 ; 1.4, 587 i 4 487 Italy thous of dolls 7, 076 ; United Kingdom thous of dolls 28, 606 36, 699 North AmericaTotal thous of dolls ! 29,737 20, 101 i 18,572 Canada thous. of dolls.. 19, 777 South America— Total . thous. of dolls 7.276 10, 100 Argentina .. . thous of dolls 2,025 3, 130 By economic classes — Total domestic exports only thous. of dolls 150, 997 146, 785 180, 663 52, 569 | 49, 762 ; 68, 299 Crude materials thous of dolls Foodstuffs, crude, and food animals thous of dolls 8,495 8,194 9, 404 Manufactured foodstuffs thous. of dolls.. 14,264 i 15,503 17,664 Finished manufactures _ thous. of dolls 57, 242 i 64, 640 67, 007 Semifinished manufactures thous. of dolls_- 18,427 ; 18,820 20, 656 Agricultural exports (quantities)— All commodities rel. to 1910-14-. 111 143 All commodities (except cotton) rel to 1910-14 81 106 Imports: Grand total thous. of dolls.. 130,977 : 135,203 j 152, 887 By grand divisions — > 2,039 l Africa, total thous. of dolls.. 1, 575 ; 1 Asia and Oceania — Total thous. of dolls.. i 37,846 ! 41,114 14, 150 i 18, 803 Japan. _ _ _ thous of dolls i Europe — ; Total .--thous. of dolls. .! 40,986 ! 50, 231 France thous. of dolls. J I 4,080 !l 6,722 Germany thous. of dolls..' 6,446 8, .187 Italy thous. of dolls.J ' 5,045 ! 6, 630 United Kingdom. -thous. of dolls..' i 5,954 i 9.237 2 Revised. 164, 822 ! 180, 670 6, 162 i 13, 754 13,967 10, 290 , 20, 719 25, 349 18, 125 18, 075 | 18, 306 66, 948 77, 262 83, 189 84,069 ; 88,348 20, 798 21, 184 21,389 23,868 ; 137 139 H6 114 127 149,480 168,708 2,141 1, 697 44, 366 20, 408 48,413 19, 474 49, 306 6,415 8,274 6,519 8. 547 56, 302 8,971 12,071 5,648 11.278 9,981 i 187, 190 i 203,991 sf 070 i 4, 648 i 10, 546 8,626 9, 583 7,316 17, 531 IS, 868 19, 596 23, 381 22, 165 ! 97,625 103, 436 110,602 110, 264 116, 110 : 27,451 29, 891 31, 086 31,424 27,409 13,999 ' 11,119 27.948 53 63 58 66 68 87 71 83 97 86 89 81 86 82 170, 384 166,679 174,400 173,455 179, 694 185, 706 210, 202 174,946 3,096 2,400 2,773 4,337 3,778 3,052 2,344 42, 494 17,256 45, 581 : 48, 772 52, 757 16,052 | 16,057 ; 14,988 49, 964 15, 580 53, 180 12, 183 59, 552 18,454 50, 183 16, 255 60, 788 7, 799 12, 203 5,635 13.379 50, 776 ; 51, 359 ! 47, 480 6,551 j 5,459 i 5,516 11,373 i 11,734 ; 8,937 4, 351 4, 138 | 4, 269 11.509 10.951 11.000 51,841 6,143 9,512 4,627 12. 354 53, 387 6,250 11, 249 5, 741 11.561 62, 174 6, 598 13, 434 6, 192 13, 033 51, 172 6,880 9,486 5, 128 1 1. 970 2,384 ! 48 SURVEY OF CURRENT BUSINESS April, 1932 MONTHLY BUSINESS STATISTICS—Continued FOREIGN TRADE-Continued 1931 1932 Earlier data for items shown here may be found in the 1931 Annual Supplement to the Survey Febru- January ary Decem- NovemOctober ber ber Se g£m'j August ] July June May April | March j United States—Continued | i Imports--Continued. ! By Grand divisions--Continued. j North America— | Total thous. of dolls. _ j Canada thous. of dolls_. j South America— i Total. thous. of dolls.-i Argentina thous. of dolls.. By economic classes— Total thous. of dolls.. Crude materials thous. of dolls.Foodstuffs, crude, and \ food anixTialS-.thous. of dolls..: Manufactured foodi stuffs thous. of dolls..i Finished manufactures ! thous. of dolls..: Semifinished manufaci tures thous. of dolls. J EMPLOYMENT AND WAGES 32, 356 16,216 21,229 20, 037 34,142 20, 464 40, 608 21,281 41, 608 21,928 45,346 ' 47, 827 20,529 i 22, 341 44, 456 22,854 45, 177 24,110 46,484 ! 50, 230 23,757 ! 24,148 42,294 21,454 21,976 1, 803 24,179 1. 653 19,763 | 21,687 2,431 3, 309 22, 380 4,753 22,567 ! 24,133 3,595 i 3,042 26, 068 2,645 28, 844 3, 215 26,917 i 34, 599 2,638 | 3,506 29,115 2, 840 130,977 135, 203 37, 351 38,183 152, 887 49,853 149. 480 47,816 168. 708 52, 378 166,679 ! 174,460 I 173, 455 47,692 | 49,978 52, 438 179, 694 54,159 185,706 ! 210,202 , 54,702 ! 54,607 174,946 56, 357 20, 355 18,649 | 21,820 I : 28, 314 16, 469 16,483 170, 384 52,948 22,849 23, 433 22, 809 19, 537 14,913 14,896 F 13,872 13,464 31,810 32,491 !| 41,069 41,241 50, 467 52,012 ! 45,303 ! 24,054 26,200 |j 25,284 27, 423 29, 040 30,291 25, 930 27, 435 30, 774 28,912 j 33, 020 23,540 | 21,120 19, 744 18, 850 22,985 i 47, 442 44,186 45, 529 45, 734 | 49, 226 ; 41,168 28,324 ! 29,990 29, 652 30, 382 33,373 | 39,791 i 31.532 23, 558 17, 575 j Employment Factory employment, adjusted (Fed. Res. Bd.): Total rel. to 1923-25.. 69.4 74.1 75.1 70.3 72.8 76.0 78.0 ! 69.3 77.8 68. 1 i 67.8 Cement, clay, and glass....rel. to 1923-25-. 59.4 I 55. 0 60. 1 62.7 64.4 65.4 65.2 ; 55.9 65.2 < 51. 6 j 57.6 51. 4 Chemieals— Group rel. to 1923-25.. 81.9 85.4 85.7 | 89.4 83.1 93.0 81.9 ! 89.6 91. 89.8 ! Petroleum, refined rel. to 1923-25.. 82.3 82.9 I 87.1 84.8 90.2 94.0 82.2 83.2 82.8 ! 81.2 94.5 87.2 Iron and steel rel. to 1923-25.. 65.4 67.4 i 70.3 72.1 65.3 66.2 74.8 64.0 I 72.6 76.5 ! 62.4 76.6 ! Leather and its products, .rel. to 1923-25.. 75.3 84.3 75.4 76.4 80.9 I 84.8 ! 70. 1 83.9 84.2 84.0 I 82.2 78.1 Lumber and its products, .rel. to 1923-25-. 45.4 49.4 ! 48.4 52.0 ! 43.9 47.4 54.4 55.4 i 55. 4 43.3 51.1 55.7 Machinery rel. to 1923-25.. 67.3 70.3 64.6 67.7 73.4 76.3 78.0 ! 61.2 64.6 65.6 79.3 61.8 NTonferrous metals. rel. to 1923-25.. 63.1 64.2 65.4 57.4 61.4 62.5 66.5 I 56.0 61.1 66.6 66.6 61.7 Paper and printing .rel. to 1923-25-. 89.2 93.0 91.1 93.0 95.0 j 88.3 89.7 91.0 93.6 95.3 87.2 94.7 Rubber products rel. to 1923-25-. 71.3 73.8 73.3 70.3 69.8 70.5 69.7 75.7 74.0 70.5 i 68.4 68.1 Textiles rel. to 1923-25-. 72.2 80.0 80.9 80.2 ! 76.0 79.6 78.6 81.2 71.1 72.4 73.6 79.7 Tobacco production ..rel. to 1923-25.. 70.4 77.2 81.4 80.4 79.1 82.1 | 74.3 74.8 75.8 j 82.1 83.4 72.8 Transportation— Group rel. to 1923-25-. 57.2 58.3 60.2 ! 62.4 53.4 55.6 51.7 j 63.8 i 55. 1 63.2 Automobiles rel. to 1923-25.. 62.0 64.2 67. 1 l! 56. 1 67.6 | 70.7 70.3 I 64.7 50.5 70.9 70.2 |j Nonmanufacturing industries: Anthracite mining rel. to 1929.. 67.3 65.1 76.2 || 279.8 80.0 85.2 ! 2 83.5 86.8 71.2 76.1 80.3 82.0 Bituminous coal mining rel. to 1929.. 80.4 76.4 81.2 77.0 78.4 85.9 ! 80.8 l| 77.4 81.1 81.3 82.4 88.8 Metalliferous mining rel. to 1929.. 51.2 55.5 55.8 56.2 49.3 || 52.8 60.0 62.4 63.9 | 46.9 53.8 63. 5 Quarrying and nonmetallic mining rel. to 1929.. 53.9 48.9 66.6 68.9 ! 71.0 59.3 64.5 72.3 76.1 | 47.4 75.0 70. 0 1 Crude petroleum producing.__rel. to 1929.. 58.2 61.2 54.9 60.4 62. 4 65. 3 54.4 57.6 65.0 67.8 69.8 72.2 Telephone and telegraph rel. to 1929.. 83.0 83.1 83.5 84.1 85.0 85.9 86.6 87.4 86.9 88.1 ! 82.0 88.6 Power, light, and water rel. to 1929. _ 90.3 95.9 | 96.7 89.3 94.7 87.2 91.3 97.2 92.7 97.6 97.1 ! 96.7 Operation and maintenance of electric railroads rel. to 1929.. 79.5 79.9 81.5 84.0 84.8 85.6 78.9 82.7 83.5 85.9 86.4 86.8 I Wholesale trade rel. to 1929.. 83.7 86.5 84. 1 85.2 86.1 87.4 86.8 81. 8 87.4 87.1 87.1 Retail trade rel. to 1929.. 106.2 90.9 86.6 83.9 84.3 81.8 89.9 89.8 89.1 90.1 87.8 Hotels rel. to 1929.. 84.1 84.2 85.9 90.6 92.8 93.3 85.3 88. 5 91.6 95.9 92.5 96.8 Canning and preserving rel. to 1929.. 102.2 35.0 40.7 60.8 37.1 180.1 j 142.9 108.1 70.6 56.0 56.5 53.0 ! Employees on pay roll, unadjusted: 75.6 i 81.3 80.3 Cleveland rel. to Jan., 1921.. 77.0 86.9 75. 8 75. 1 76.0 83.8 77.1 90.0 76.0 83.2 84.4 Delaware rel. to 1923-25.. 79.3 74.9 81.2 78.5 74.5 86.9 85.6 86.3 88.1 Detroit rel. to 1923-25.. 64.0 52.7 51.0 69. 0 50.0 68.6 41.7 61.8 73.2 80.4 83.5 83.0 Illinois rel. to 1925-27— 61.6 63.6 70.1 70.5 62.0 62.3 68.3 I 65.7 74.5 75.6 72.3 76.6 Iowa rel. to 1923.. 102.9 106.3 I 109.1 96.4 2 96. 8 102.2 108.7 105. 0 111.0 110.1 110.1 112.5 ; Massachusetts rel. to 1925-27.. 2 61. 1 60.7 - 62. 2 269.9 63.6 2 65. 2 2 70. 9 2 71.4 271.4 273.3 274.7 274.4 Maryland... rel. to 1924.. 63.9 64.1 66.0 72.0 72.4 67.2 72.3 76.2 70.6 75.9 73.8 76.2 New Jersey rel. to 1923-25.. 68. 1 73.2 73.0 71.0 72.6 66.1 67.1 72.4 75.7 73.6 75.3 77.0 New York State rel. to 1923_. 60.5 64.0 64.2 58.1 58.1 63.7 65.8 65.6 67.6 69.0 61.5 69.6 New York State ..number.. 321, 368 321,410 334, 917 340, 494 352, 453 364, 265 353, 895 355, 504 362,885 373, 993 382,045 384, 983 Ohio rel. to 1926.. 70.5 69.5 75.5 76.9 78.2 70.2 71.0 74.3 82.7 83.0 82.4 81.3 Pennsylvania rel. to 1923-25.. 69.4 2 71.0 72.9 68.9 72.6 72.5 71.1 71.8 74.5 77.2 79.1 79.2 Wisconsin rel. to 1925-27.. 66.9 75.0 65. 1 68.2 75.6 79.6 70.7 77.9 i 76.7 78.2 78.1 Applicants per 100 jobs, employment agencies: i 146 Canada number.. 183 162 195 151 266 237 206 165 151 ' 147 United States number.. 207 191 214 221 196 217 209 205 177 181 179 CeDtral States number.. 258 217 250 273 258 269 247 199 ! 246 206 215 I Eastern States .-number.. 273 232 191 212 316 231 235 221 187 181 ! 202 i Southern States number.. 189 182 264 287 257 411 265 345 277 237 215 Western States number.. 80 114 94 81 118 91 94 84 66 80 75 Illinois number. . 173 244 223 220 191 208 251 250 245 215 i 218 228 Wisconsin number.. 203 232 199 225 249 186 212 172 j 197 197 i Employment Trade Unions: 82.0 82.9 81.4 Canada p. ct. of total membership.. 81.9 84.2 81.7 83.8 83. 7 83.8 85.1 ! 84.5 United States.p. ct. of total membership.. 70.0 73.0 69.0 74.0 74.0 74.0 69.0 74.0 75. 0 75.0 75.0 I 74.0 99.1 Employment, Canada rel. to 1926.. 89,7 91.6 103. 0 103. 9 107. 1 105. 2 103.8 130. 6 102.2 99.7 i 100.2 Factories, time operated: Total p. ct. of full time.. 87 Chemical and other 94 products p. ct. of full time.. 94 93 92 ' 95 I 96 97 I Food and kindred products p. ct. of full time96 96 i 95 ! 96 | Leather and its finished products p. ct. of full time. 83 | 79 92 | 91 90 I 92 I 90 | Lumber and its manufactures p. ct. of full time. 82 i 83 i 84 I 85 85 | 86 I Iron and steel and their products .p. ct. of full time. 71 74 I 76 ! 79 77 ! 82 Nonferrous meats p. ct. of full time. 82 i 84 I 83 84 ! 85 86 i 89 Paper and printing p. ct. of full time.. 92 92 i 93 I 94j 95 95 I Stone, clay, and glass 80 I 88 products _ . _ p . ct. of full time. 90 90 1 90 1 2 Revised. 74! 65.0 94.5 97.4 75.9 78.4 56.3 80.6 66.8 94.9 71.4 77.2 84,6 64.9 68.8 89.5 91.5 65.3 66.6 73.2 89.2 97.8 86.6 88.2 87.1 96.8 48.3 90.0 87.6 81.2 76.5 114.6 273.7 75.5 77.4 80.9 80.0 77.6 141 202 232 209 265 89 250 2,50 84.4 73.0 100.7 90 92 84 80 87 95 49 SURVEY OF CURRENT BUSINESS April, 1932 MONTHLY BUSINESS STATISTICS—Continued Earlier data for items shown here may be found in the 1931 Annual Supplement to the Survey 1932 February 1931 January Decem- Novem- October Septem- August ber ber ber July June i May April March February EMPLOYMENT AND WAGES-Con. Employment— Continued Factories, time operated — Continued. Textiles and their products _ p ct. of full time Tobacco manufactures, p. ct. of full time Vehicles for land transportation p. ct. of full time Miscellaneous industries p. ct. of full time Federal civilian employees (Washington) number Hours of work in factories: Actual hours per week . Nominal , hours per week Labor disputes: Disputes number Man-days lost in month number . Workers involved number Labor turnover: Accessions p. ct. of no. on pay roll.Separations— Total -.p. ct. of no. on pay rolL. Discharges p. ct. of no. on pay roll.. Lay-offs p ct of no on pay roll Voluntary quite p ct of no on pay roll Ohio construction, employment. rel. to 1926._ Railways, employees on pay rolL.thousands-Wages Factory pay rolls (Fed. Res. Bd.): Total rel to 1923-25 Cement, clay, and glass rel. to 1923-25-. Chemicals— Group rel to 1923-25 Petroleum refining rel. to 1923-25-. Iron and steel ..rel. to 1923-25.. Leather and its products. ..rel. to 1923-25.. Lumber and its products.. rel. to 1923-25.. Machinerv rel to 1923-25 Nonferrous metals . . rel. to 1923-25 Paper and printing __.rel. to 1923-25-. Rubber products rel to 1923-25 Textiles rel. to 1923-25 Tobacco products rel. to 1923-25.. Transportation— Group .. .rel. to 1923-25 Automobile rel to 1923-25 Nonmanufacturing industries: Anthracite mining rel. to 1929 _ _ Bituminous-coal mining .rel. to 1929 _ _ Metalliferous mining __ rel. to 1929 . Quarrying and nomnetallic mining _ rel. to 1929 Crude petroleum producing, .rel. to 1929- . Telephone and telegraph rel. to 1929.Power. light, and water rel. to 1929 Operation and maintenance of electric railroads rel. to 1929-. Wholesale trade rel. to 1929. . Retail trade rel. to 1929 Hotels rel. to 1929.. Canning and preserving rel. to 1929.. Farm wages, without board dolls per month Industrial pay rolls: Total monthlyDelaware . rel. to 1923-25 New Jersey rel. to 1923-25-. New York rel. to 1923. . Pennsylvania rel. to 1923-25 Wisconsin rel to 1925-27 WeeklyNew York State thous. of dolls. . Road building, wages of common labor: By geographic sections — United States average-cents per hour.. East North Central cents per hour_. East South Central -..cents per hour.. Middle Atlantic cents per hour-Mountain section cents per hour.. New England . cents per hour Pacific section . . cents per hour South Atlantic... cents per hour . West North Central. .cents per hour.. West South Central, .cents per hour.. Railways, average hourly wages dollars.. _ U. S. Steel Corpn., wage rates .cents per hour.. Weekly earnings of factory labor: United States, totals, 23 industries — Grand total dollars Grand total rel to 1923 Men— Total .. dollars . Total rel to 1923 Skilled dollars . _ Skilled rel. to 1923 Unskilled dollars.. Unskilled rel. to 1923- Women . dollars Women rel. to 1923.. 2 37.5 47.9 91 81 91 87 90 85 91 84 91 85 92 88 92 87 92 87 93 87 86 88 88 88 89 90 89 91 92 93 86 94 87 93 85 92 91 91 88 87 87 0 84 83 85 85 85 85 86 88 69, 710 69,435 69,894 70, 056 70,580 70, 885 71, 658 71, 693 72, 417 72. 297 71,917 71,162 236.1 47.9 38.7 47.8 37.7 47.9 38.2 48.0 39.2 48.1 39.9 48.2 39.9 48.0 40.9 47.9 42.7 48.0 41.7 48.0 41.8 48.2 42.3 47.9 61 43 231 59 239 41 133, 944 2 147, 426 2359,730 1,038,063 491, 024 1,213,120 17,003 2 2, 509 2 12. 910 28,696 37, 164 6,649 54 666, 309 58, 995 51 506, 097 17,071 49 402, 437 15, 735 39 769, 720 22,604 27 422, 545 28,139 34 228, 329 12,512 48.8 38.7 42.7 32.4 43.6 30.6 35.5 29.3 32.8 37.2 43.2 36.8 " 39.4 2.2 28.8 40.4 1.9 30.7 46.1 2.0 35.7 73.2 2.5 59.0 68.4 2.9 51.4 43.2 2.6 28.2 54.9 2.9 39.1 61.9 2.8 46.7 45.1 3.3 28.6 41.6 3.8 23.9 34.8 3.1 20.6 35.0 2.6 22.8 8.4 7.8 8.5 11.8 14.1 12.4 12.9 12.4 13.2 13.9 11.1 9.6 29.1 31.9 37.5 1,134 45.4 1,169 54.2 1, 225 58.3 1,254 60.0 1,288 62.8 1,310 63.3 1,317 61.3 1, 337 60.0 1, 331 53.7 1,319 51.9 1.316 53.6 32.9 52.4 31.1 55.8 37.4 56.2 40.9 59.4 43.9 61.8 46.1 64.3 48.1 64.4 49.4 67.6 54.4 72.1 56.7 73.6 55.7 74.9 54.0 73.2 51.4 72.1 75.1 37.2 61.4 25.9 45.0 45.0 83.5 54.2 59.8 53.4 71.4 75.9 36.3 53.3 26.6 44.5 44.9 85.5 53.0 55.5 53.0 75.0 77.8 41.0 50.3 31.2 48.9 48.6 91.0 52.0 58.1 58.9 76.4 77.9 41.2 47.0 34.4 48.3 48.8 90.6 50.1 59.3 64.5 80.8 80.8 43.9 66.4 38.2 50.2 49.9 91.4 53.7 66.0 64.6 80.8 83.0 45.2 67.7 40.3 51.2 50.2 90.4 54.6 71.0 62.7 80.4 85.6 50.6 75.5 41.3 54.9 52.9 93.1 62.2 70.2 66.3 82.9 89.6 52.4 72.6 41.7 57.4 54.5 93.6 64.0 65.9 67.5 84.1 91.1 57.6 66.7 44.6 62.4 59.1 96. 6 72.4 66.7 68.6 88.4 96.1 64.9 68.7 45.7 67.8 63.4 100.0 71.0 71.7 68.3 92.0 96.7 69.1 70.6 44.9 69.7 65.4 100.6 66.8 76.8 65.7 89.8 90.8 70.0 73.4 46.2 72.0 66.3 101.9 63.2 81.9 68.3 92.9 100.8 67.5 68.8 45.6 71.9 64.4 100.7 63.8 76.9 65.3 45.6 52.0 44.3 47.7 ! 47.1 48.0 45.2 42.3 45.3 41.4 45.6 41.5 50.9 50.4 52.7 53.2 58.8 62.1 66.1 75.6 65.3 70.8 64.1 67.7 62.2 61.1 57.3 47.0 27.8 61.5 47.0 29.7 278.4 52.3 34.3 279.5 54.6 35.1 91.1 56.2 37.4 64.9 53.6 40.0 56.4 50.6 40.2 53.7 50.4 41.3 66.7 52.4 46.1 76.1 54.4 49.3 75.2 58.6 51.4 71.3 65.2 52.8 101.9 68.3 54.6 29.6 46.9 89.6 86.0 30.2 46.5 \ 89.1 ! 88.4 36.9 54.9 92.7 91.2 43.3 52.0 89.7 93.3 48.7 54.4 91.6 93.2 51. 2 55.2 92.1 94.3 55.1 56.3 92.3 96.2 57.3 59.2 93.3 97.4 60.1 62.7 95.0 98.3 62.3 64.7 94.1 98.7 62.6 66.3 95.0 97.6 58.2 73.2 97.9 102.4 54.4 70.0 94.8 99.7 73.6 72.5 73.7 74.0 32.7 74.3 j 74.1 78.0 73.9 31.8 77. 8 77.8 94.1 75.4 36.9 79.7 79.7 85.4 77.1 48.1 79.0 79.9 84.6 79.7 77.6 81.2 81.4 83.5 81.9 129.4 81.9 82.1 80.3 83.8 104.7 83.3 83.3 83.3 85. 2 74.2 84.8 84.1 87.6 85.4 58.6 85.1 84.7 88.0 87.7 56.0 86.6 85.2 88.3 89.9 57.1 88.1 89.1 87.5 93.4 50.3 87.1 88.4 86.7 93.7 48. 6 4 59.5 60.5 51.0 49.1 57.8 ! 60.5 I 51.7 49.4 44.1 j 30 53 3 38. 37 837. 00 s 34 22 56.4 62.7 54.8 252,3 48.8 54.7 65.8 56.2 51.1 50.0 61.0 68.9 59.0 54.5 52.8 64.1 66.6 63.0 54.3 55.6 68.9 70.7 61.6 57.0 58.9 68.7 70.8 62.0 57. 3 61.0 78.0 72.0 63.2 61.5 64.2 81.1 76.3 66.6 65.8 67.2 79.7 76.1 69.1 69.9 68.2 81.7 77.3 71.1 69.7 68.8 79.9 78.6 68.8 68.6 65.8 7,692 7,798 8, 254 8,479 8,897 9,493 9,279 9, 347 9,524 10,046 10, 414 10, 723 10, 365 33 40 17 40 44 43 49 21 42 25 32 40 19 37 45 41 50 18 38 24 45~ 45" 33 40 18 38 47 43 51 21 36 23 .675 45 34 38 18 37 46 43 51 21 36 23 .684 45 35 37 19 37 46 42 51 21 35 24 .664 45 34 36 18 36 46 43 50 20 35 24 .669 45 36 35 19 37 47 44 50 20 35 22 .662 50 36 35 20 36 45 45 51 22 35 20 .660 50 37 36 20 36 46 44 51 21 36 20 .659 50 37 37 21 38 45 45 50 21 36 22 .664 50 35 36 20 38 43 47 51 22 36 21 .664 50 37 41 21 41 44 48 52 24 37 23 .669 50 36 33 22 39 42 48 51 24 36 28 .689 50 21.75 81.7 22.49 84.5 22.34 84.0 19.51 73.3 2 18. 99 271.4 20.74 77.9 20.29 76.2 21.21 79.7 23.07 86.7 24.25 91.1 23.82 89.5 23.93 89.9 24.29 91.3 20.66 72.0 22.37 72.6 16.67 74.8 13.32 77.3 20.81 72.6 21.84 70.9 16.28 73.1 12.79 74.2 21.99 76.7 22.56 73.2 17.00 76.3 13.63 79.1 21.54 75.1 22.20 72.1 17.07 76.6 13.37 77.6 24. 42 23. 08 23.65 22.60 23. 81 78.8 80.5 83.0 82.5 85.1 25.71 23.10 23. 95 24.76 24.89 83.4 80.4 80.8 75.0 77.7 19.55 18. 19 18.05 18.86 18.92 87.7 81.0 84.6 84.9 81.6 14. 57 15. 17 13.85 14.78 14.79 84.5 85.7 88.0 80.3 85.8 3 Quarter ending in month indicated. 25. 76 89.8 27.04 87.8 20.75 93.1 15.37 89.2 25.35 88.4 26.49 86.0 20.46 91.8 15.22 88.3 25.32 88.3 26.49 86.0 20.78 93.3 15.62 90.6 25.83 90.1 26.91 87.3 20.89 93.8 15.33 88.9 Revised. SURVEY OF CURRENT BUSINESS 50 April, 1932 MONTHLY BUSINESS STATISTICS—Continued 1932 Earlier dala for items shown here may be found in the 1931 Annual Supplement to the Survey 1931 Novem^""l January DecemOctober iSe ^ m ' August ber ber July June May April March i ***"• ; EMPLOYMENT AND WAGES— Con. : Wages — Continued Weekly earnings of factory labor—Continued. Totals bv StatesDelaware .. rel. to 1923-25. Illinois. . dollars.. Illinois rel. to 1925-27. _ New Jersey rel. to 1923-25 JSTcw York dol'ars New York rel to 1923 Pennsylvania rel. to 1923-25 Wisconsin . dollars.. Wisconsin rel. to 1925-27 Youngstown district, wages of steel workers p ct of base scale ; 83.2 20.76 73.2 94.5 23.94 87.9 71.8 80.2 21.68 76.4 95.8 24.27 89.1 72.5 16.76 66. 0 i ' 1 ! i ! ! .! 107.5 i i i ! 1 ! i i 1 107.5 81.7 21. 63 76.2 96.3 24. 60 90. 5 74.4 18. 02 71.2 80.2 21.12 74.4 97.0 24. 91 91.4 72.9 17.95 70.8 90.0 22. 16 78.1 99. 4 25.26 92.7 76.3 18.13 71.7 107. 5 107. 5 107. 5 i j CONSTRUCTION ; i : ! : 87.0 22. 52 79.4 95. 1 26.07 95.7 75.3 18.24 72.2 91.2 23.70 83.5 101. 4 26.23 96.3 78.4 19.43 76.4 89.9 23.86 84.1 102.2 26.30 96.5 78.3 19.37 75.7 100.5 23.93 84.3 102.2 26. 25 96.4 82.3 21.16 82.8 103. 6 24. 54 86.5 105.8 26.87 98.6 85.6 21.65 84.9 101.3 24.99 88.1 105.1 27.27 100.1 89.2 22.26 86.7 102.4 25.13 88.6 105.0 27.87 102.3 87.5 22. 69 88.1 ! I ', ! i I ; j 100.8 25.29 89.1 106.2 27.35 100.4 86.8 21. 64 84.3 107. 5 107. 5 107. 5 110.5 110.5 115.0 115.0 I 113.5 Building Costs Building costs (A. G. C.), 1st of month rel. Building costs (E. N. R.) 1st of month rel. Building materials: Brick house, 1st of month rel. Frame house, 1st of month rel. Construction costs (Am. Appraisal}: Brick, steel frame ___rel. Brick, wood frame rel. Frame rel Reinforced concrete rel. Factory costs (Aberthaw) rel. Building volume (A. O. C.) rel. to 1913.. 18.9 1 190 190 192 192 j 193 195 195 196 197 199 199 ; 200 to 1913.. 161.8 | 162.5 | 106. 2 169.3 169.8 ! 171.4 171.4 174.4 187.2 189.3 191.6 194. 5 ! 196. 6 to 1913.. to 1913.. 163 157 161 i 156 | 161 156 163 158 162 ' 156 | 161 154 163 156 164 155 166 158 167 160 167 157 170 | 163 ; 171 165 i ! ! i | 159 169 154 160 3 172 79 160 170 156 161 161 172 157 162 163 176 160 165 165 177 162 166 172 186 172 175 126 ! 144 140 166 179 165 168 » 176 137 166 180 166 169 119 163 174 159 164 3 174 135 107 87 178 192 178 181 181 78 38 49 55 59 59 63 65 66 73 5,208 i 4,659 ! 5, 951 12,299 i 12,601 i 17, 210 89,046 ! 84,798 i 136,852 j 977 595 539 280 176 300 28, 281 24, 056 ! 50, 307 7,014 20, 519 151, 196 8,701 | 9,105 30, 700 I 30, 068 242, 094 251, 110 9, 242 30, 631 233, 106 10, 663 33, 812 285, 997 10, 806 33, 651 316, 148 11,506 38, 941 306, 079 11, 888 39, 380 336, 925 992 271 47, 410 1,288 i 1,800 171 i 353 82, 462 i 85, 139 1,719 737 72, 964 2,048 1,233 116, 265 2,030 1,117 140, 780 2,141 387 108, 948 1,907 785 132, 993 to 1913.. to 1913.. to 1913 to 1913 to 1914__ to 1913.. ! 158 166 153 158 1 43"; 61~ 1 i 1 !! 3 ! ! ! ! 1 | 179 194 179 182 99 Construction Contracts Awarded Total construction, F. R. B. adjusted-,.. rel. to 1923-1925.. Total construction, all types: F. W. Dodge Corp.— Projects number Floor space thous. of sq. ft._ Valuation. _ _ thous . of dolls. . Public works and utilities: Projects number Floor space thous. of sq. ft._ Valuation thous. of dolls Residential buildings, all types: Projects ._ number.. Floor space thous. of sq. ft.. Valuation thous of dolls Contracts awarded, Canada. .. thous. of dolls.. Engineering construction (E. N. R.): Total public thous. of dolls Water works thous. of dolls. _ Sewers thous of dolls Bridges, public thous. of dolls Excavations thous of dolls Street and roads thous. of dolls.. Federal Government. -thous. of dolls.. Unclassified, public. _. thous. of dolls.. Buildings, public thous. of dolls. _ Total, private _. thous. of dolls. . Buildings, industrial.. thous. of dolls.. Buildings, commerciaLthous. of dolls.. Bridges, private thous. of dolls. _ Unclassified thous of dolls j 27 | 2, 817 6, 071 24, 417 14, 803 37, 192 1,660 2,041 2,388 225 10, 603 8,204 2,771 9,300 39,454 6,512 26, 345 0 6,597 i ! i 1 i i I > i 2 31 j 79 10,788 7,629 37, 955 j 28, 339 369,981 1 235,405 i 1,681 1,080 522 246 151, 722 78, 643 2, 639 6, 922 27, 504 12, 738 i 3, 507 i 8, 753 i 36, 164 | 11, 257 4,257 10, 958 45, 290 24, 642 5,268 15, 217 60,540 28,789 i 5,096 i 12, 992 ! 54,553 | 33,658 5,141 14, 124 60, 203 26, 143 5,658 15, 889 63, 893 28, 055 5, 972 16, 913 72, 745 29, 793 6,652 21,911 88, 900 36, 896 7,221 22, 633 95, 896 22, 708 51, 073 1,281 3,208 3,795 323 11, 140 16,416 3,289 11,021 39,796 8,083 27, 506 2 700 2,907 I 1 ! i i ! i i 1 i ! i i ; 76, 489 2, 414 4, 786 6, 789 558 26, 427 16, 620 3, 370 15, 525 48, 642 7, 995 22, 837 ' 25 17, 785 82, 031 3,316 7,590 6,561 642 18, 992 22, 224 8,400 14, 306 56, 727 8,837 24, 022 800 23, 068 108,113 3.038 5,176 15,817 1,624 28,703 18, 821 8, 108 24,826 119,060 19,141 86, 128 450 13,341 ! 129,157 i 6,390 i 7,733 ! 9,948 j 2,365 i 29,840 i 2 41, 637 : 4, 753 j 26,491 47,799 ! 10,021 I 25, 446 ! 944 j 11,388 i 82, 453 1,153 6,059 6,909 1,711 31, 088 10, 839 5,990 18, 704 66, 448 11, 801 33, 256 137 21, 254 148, 784 5,536 5,697 28, 520 1,180 56, 511 22, 560 4,129 24, 651 96, 326 13, 663 55, 242 2,250 25, 171 125, 737 8,016 5,370 5,786 1,419 62, 471 20, 158 3,965 18, 552 70, 589 13, 901 40, 986 25 15, 677 122, 036 5,248 3,254 11,801 4,198 63, 167 10, 340 5, 422 18, 606 95, 797 12, 606 54, 413 6,248 22, 530 176, 075 10, 219 7,727 9,916 1,143 81, 623 26, 389 8,214 30, 844 140, 830 22, 965 67, 444 50 50, 371 39,225 j 40, 514 3,418 ' 3, 707 j 35, 288 2,307 35,502 \ 33,203 3, 510 ! 2, 905 31,918 2,819 33, 368 12, 427 37, 835 3, 867 41, 424 3, 602 64.5 59.0 63.2 ; 60.3 61.1 58.4 61.3 62.0 61.7 66.7 5,364 4,215 4,361 3,559 4,009 j 2, 482 8,702 6, 182 7,675 1 12, 470 5,437 | 9, 309 15, 957 13, 536 12, 303 10, 038 24, 671 1 21, 982 19,467 1 17,573 i 9,403 8,321 65,340 ! 53,415 2, 113 ! 1, 887 9,028 j 10,659 26, 799 26, 164 943 1 1, 018 11, 884 ! 12, 207 13, 994 651 1.2, 306 5,059 225 11, 229 9,100 254 9, 569 : 5,826 i 205 i 8,277 1 9,654 188 7,489 6, 486 ! 22,090 1 100,913 i 27,312 4, 520 16,559 77,918 25,930 168,925 2,542 11,300 9,752 1, 122 53,388 66,225 10,247 14,349 78,421 16,566 46, 128 25 15, 702 ! i ! ! i ! i i ! ! ! : i ! 83,837 3,110 3,043 2,477 1, 768 36,682 14,571 5,633 16,553 94,705 14,119 50, 432 0 30, 154 44,074 i 3, 488 | 41,776 4, 689 i Fire Losses United States Canada i 77 i j thous. of dolls thous. of dolls.. 39,825 3,982 i 33, 025 1,999 ; Real Estate Market activity .rel. to 1926.. 59.8 Highways Concrete pavements, new contracts: Total thous. of sq. yds.. Road thous. of sq. yds._ Federal-aid highways: Completed— Cost.. ..thous. of dolls.. Distance miles Under construction end of month miles 3,255 3,084 2,524 2.252 ; : 42, 087 1 1, 435 ! | 7, 928 i ! PUBLIC UTILITIES Electric Railways ! Average fares (272 cities) . cents. J . Passengers carried (232 co.'s). thous. of persons..; Operating revenue (all railways) ... _ . ' thous. of dolls. 1 : 8. 114 ;; 802,149 _ ! : 59,970 8.114 '• 8.114 ; 8.096 740, 461 794,798 ! 734,056 8.096 712, 660 8. 096 739, 617 8.069 787, 453 8.069 831, 183 56,211 1 59,704 | 55,966 55, 835 56, 981 60, 232 63, 718 8. 072 '• 8.072 843, 669 ! 861,501 8.066 782,034 66,028 60,370 175,840 ; 182,280 64, 332 Gas and Electric Power "Rlppl.rio nnwpr rnrrmariips gross PTDSS power companies, revenue thous. of dolls..; 2 Revised. i II 185,050 I 180,610 i- 178, 630 \ 171,930 I 167,380 j 187,190 ! 168,510 i 171,550 i 176,210 3 Quarter ending in month indicated. 51 SURVEY OF CURRENT BUSINESS April, 1932 MONTHLY BUSINESS STATISTICS—Continued Earlier data for items shown here may be found in the 1931 Annual Supplement to the Survey 1932 1 Febru- January ary - 1931 Decem- ! Novem- October Septem- August ber i ber ber June July May February March i April PIBLIC UTILITIES— Continued Gas and Electric Power Electric power production: United StatesTotal mills, of kw. hrs~_ By fuels mills, of kw. hrs._ By water power mills, of kw. hrs._ In street railways, manufacturing plants, etc mills of kw hrs In central stations mills, of kw. hrs Canada— I*! Total mills, of kw. hrs .. By water power . mills, of kw. hrs_. Exported mills, of kw. hrs.. Manufactured gas: Sales mills cu ft Revenue thous. of dolls_. Natural gas: Sales mills, cu. ft.. Revenue thous. of dolls.. Rate of manufacturing operations (based on consumption of electric energy for power purposes). '(See under Industrial production.) 7,401 4, 354 3,047 \ 7, 775 ' 5,064 2,711 7, 406 5,298 2,108 7, 765 5, 706 2,059 7,532 5,341 2,191 7,628 5, 165 2, 463 7,766 5, 022 2, 744 7,526 4,642 2,884 7,639 ! 4, 500 3, 139 7,643 4, 520 3, 123 7,876 5,243 2, 633 7,160 5,001 2,159 460 6,941 433 i 7,342 411 6,995 418 7,347 445 7,087 470 7, 153 506 7, 260 509 7, 017 447 ! 7, 192 ; 454 7, 189 452 7,424 410 6,750 1,415 1,385 73 1,428 1, 401 95 1, 288 1, 263 93 1,256 i 1,234 100 1,251 1,231 95 1,290 1,268 89 1, 366 1, 343 87 1, 411 1, 388 98 1,418 1, 392 128 1,339 1,311 145 30, 708 \ 31, 936 29,339 : 27,599 30, 602 30, 319 27, 820 30, 195 25, 985 28, 681 23,527 26,046 24,741 27,337 28, 310 30, 654 29, 865 30, 731 31,827 1 32,356 30, 945 32, 386 31,110 32, 504 54, 805 \ 26,441 '< 52, 024 i 43, 908 24,404 19,250 37. 628 15, 276 33, 823 13, 490 31,661 ; 32,834 12,813 13,482 36, 821 16, 159 43, 340 20, 108 52, 568 24, 225 54, 729 26, 031 56, 242 27, 124 Telephone Telephone companies: Operating revenues thous of dolls _ Operating income thous of dolls 71, 385 14, 542 ' 74,270 j 72,606 15,026 ; 15,170 75, 440 17,849 73,414 17, 523 73,337 16,621 74,802 16,320 75, 919 17,977 76,804 I 77,098 18,046 i 19,051 77, 214 18, 650 73, 277 16, 864 Telegraph Commercial telegraph tolls thous. of dolls. . Operating revenues thous of dolls Operating income thous. of dolls.. 7,058 ; 9,181 ' 326 I 8,298 ! 10,849 > 994 7,387 9,660 722 8, 243 10, 859 951 8,441 11,012 567 8,359 10,825 387 8,774 11,370 461 9,212 11,875 1,737 9, 133 1 9, 391 11,744 i 11,963 1, 426 1, 513 9, 346 12, 024 1,406 8,326 10,806 724 131 : 9, 470 ; 119 9, 150 129 9,540 135 9,695 134 9,428 139 9,773 105 10, 151 107 10,493 ; 129 10,196 119 10, 113 134 9,687 46,740 ; 119,972 i 156,642 178, 121 221,673 ! 209,864 2 130,807 i 168,021 i 86,346 780 ' 891 998 : 510 213, 562 221, 308 104, 873 1,135 505 246, 551 197, 997 106, 931 962 587 294, 720 237, 024 186,414 i 211,172 104,266 104,300 1,042 i 1,331 425 506 143, 627 203, 230 86, 016 1,257 385 134, 854 203, 085 82, 465 l, 518 349 52,700 163, 186 82, 970 1, 535 0 49,620 165, 789 69, 572 1,359 0 Transportation Express earnings: Operating income _thous. of dolls.. f & Operating revenue thous. of dolls.. Inland waterways: \lleghenv River.. short tons.. 43, 845 Cape Cod Canal short tons.. 168, 189 Mississippi River Qovt. barges.short tons.. 112, 700 Monongahela River. thous. of .short tons.. 723 New York canals thous. of.short tons.. Ohio RiverCincinnati district thous of short tons Huntington district thous of short tons Louisville district thous. of short tons.. Pittsburgh to Wheeling. . .short tons.. 319, 266 Pittsburgh district thous of short tons Panama CanalTotal traffic thous. of long tons.. 1,645 U. S. vessels thous. of longtons.. 628 471 British vessels thous. of long tons.. St Lawrence Canal thous. of short tons _ Sault Ste. Marie Canal thous. of short tons . Suez Canal thous. of met. tons.Welland Canal . .. short tons.. Ocean traffic: Clearances, vessels in foreign trade— Total . thous. of net tons. . 4,932 1, 774 American.... thous. of net tons.. Foreign thous. of net tons.. 3,157 Passenger travel: Arrivals from abroad— Immigrants _ .. number.. United States citizens number _ . Departures abroad— Emigrants number United States citizens number.. Passport^ issued number ~~~6~475~ Pullman Company operations: Revenue, thous. of dolls. . Passengers carried thousands Trend of business in hotels: 3.46 Average sale per occupied room.. .dollars __ 56 Room occupancy p. ct. of capacity-Steam railways: EquipmentFreight cars— In bad order, end of month — Quantity cars.. 206, 461 9.6 Ratio to total cars. ..per cent.. New orders cars Owned, end of monthQuantity thous. of cars.-.. Capacity mills, of lbs._ Shipments— 10 Total . . cars Domestic. cars.. Unfilled orders (railroads)— Total cars Of manufacturers cars In railroad shops cars.. Locomotives — ExDorts. steam. ... number.. 2 Revised. ; 1,421 1,387 ; 62 ! 1,432 ' 1,398 i 69 1 • 338,716 \ 463,164 | 548,640 603, 544 3 315 3290 3 1 193 3942 ? 856 635, 571 661,514 849,277 1,594 ' 652 i 412 ; 2, 136 : 4, 910 I 1,781 i 3, 129 j 1,578 676 371 664 1,763 930 327 795 1, 755 884 318 711 293 3,049 2,075 ! 1,964 103, 954 i 954, 773 6,248 2,019 821, 454 7,126 1,813 968, 763 5,605 2,296 3, 309 6,461 2,420 4, 041 6,837 2,478 4,359 1,649 744 405 32 i ! ! j 4,866 i 1,729 : 3, 137 ! S 65 3765 3 969 736, 187 3 3 2 135 169, 760 216, 559 99, 901 1, 508 457 685,526 i 713,200 3 464 545, 900 428, 499 3 1, 484 2, 120 2,011 929 436 319 1,916 910 429 0 1, 930 864 448 0 4,335 ! 922 6,645 8,385 : 7,611 1,860 1,963 2,027 2,403 2,396 972,976 871,513 1,015,469 1,165,853 i 370, 003 0 2, 440 0 0 2,474 0 5, 907 2,092 3,815 5,044 1,773 3,271 4,972 1,695 3,277 1,789 859 378 714 7,463 2, 734 4,729 ! 1,867 820 466 717 1,925 937 421 1, 166 1, 759 828 453 920 7,536 2, 742 4,794 6.543 2,241 4, 302 ! i I I 6, 539 ' 2,525 i 4,014 2,220 17, 158 1 2,642 16,932 2,899 16,823 3,913 32, 427 5,017 62, 581 4, 090 ; 3, 174 59,372 1 30,944 3, 534 25, 588 3, 799 : 3, 470 22, 518 : 28, 281 3, 577 34, 861 3,147 27, 508 8,550 ; 25,016 ! 6,442 ! 10,727 ! 11,318 24,351 ! 23,224 5,513 | 6,622 10, 857 35, 016 7, 345 8,733 42, 247 8,812 9,541 ; 7,428 65,895 : 46,961 10,749 ! 17,667 5,893 29, 579 27, 689 5,616 ! 5,647 23,242 i 24,418 28,513 i 21,466 4,693 32, 278 14,328 4,720 33, 172 7,255 4,894 1,966 5,346 1,919 4,530 ! 1,643 ; 4,852 1,677 ! 4,238 1,526 4,499 1,674 5,409 1, 969 5,564 i 2,091 5,413 2,023 5,470 2,051 5,055 i 1, 900 i 5,238 1, 986 3.38 i 60 3.39 i 52 ! 3.56 56 3.51 60 3.55 58 3. 64 54 ; 3. 55 54 3.58 56 3. 50 61 3. 73 63 195, 462 9.0 159 187,666 196,324 8. 7 9. 0 11 i 28 194, 948 9.0 798 194, 127 8.9 3 187,585 ; 181,702 8. 6 8. 3 534 443 2,191 205, 712 2, 193 2, 205 205,913 ! 206,842 2,211 207, 290 2,216 207, 638 2, 220 ! 2, 224 207,947 ; 208,207 150 150 404 404 780 776 524 : 499 ! 341 341 615 1 555 648 i 646 ; 4,252 220 4,032 4,610 314 4,296 5. 100 ' 534 4,566 5, 746 ji 866 4, 880 , 6, 466 1,336 5, 130 7. 179 2,070 1 5, 109 • 0 ! 0 1 11 0 i 2 : 320 262 3,650 259 3,391 ! 0 : 546 542 5,042 1,340 3,702 3 172, 776 170, 165 7. 7 7.9 1 46 972 i 2,244 2, 229 208, 579 209,645 Quarter ending in month indicated. 1 3,63 1 61 3.84 64 i 162, 966 162, 117 i 7. 4 | 7.3 ; 2,768 1 2, 166 i 2,249 2, 251 209,958 210, 102 2,253 210, 235 1,082 1,082 762 657 633 533 6,585 : 1, 599 : 4, 986 ! 7,542 2, 176 5, 366 7, 484 | 1, 569 ! 5,915 8, 637 2,207 6, 430 3 i 5 ; 2 0 153, 606 6.9 24 52 SURVEY OF CURRENT BUSINESS April, 1932 MONTHLY BUSINESS STATISTICS—Continued Earlier data for items shown here may be found in the 1931 Annual Supplement to the Survey 1932 1931 j| Decem- 1 Novem- October Septem- August ber ber ber Febru- January ary July June May April March February PUBLIC UTILITIES— Continued Transportation— Continued Steam railways— Continued. Locomotives — Continued. In bad order, end of monthAwaiting classified repairs number 7,814 Ratio to total locomotives per cent 14.7 Installed _ number _ 40 New orders-. ._ number _. Retired number 102 Owned, end of monthQuantity number 54, 166 Tractive power .mills, of lbs._ 2,487 Shipments, manufacturers (Census)— Total-.. number.. 5 Electric, domestic number.. 0 Steam, domestic .number.. 1 Shipments, electric locomotives — Industrial (quarterly)... number.. Mining (quarterly) ...number-. Unfilled orders ( railroads) , end of mo. — Of manufacturers number.. 30 In railroad shops number.. 6 Unfilled orders, manufacturers' (Census) — Total-._ _ _ .number... 173 Electric, domestic number.. 130 Steam, domestic number _ 32 Passenger cars— In railroad hands, end of quarter number New orders .. cars._i Shipments— Total cars 0 Domestic cars.. Unfilled orders, end of quarter . _. .number.. Financial operations — Net operating income thous. of dolls Operating revenuesCanada . thous. of dolls United StatesTotal thous. of dolls " — Freight thous. of dolls Passengers thous. of dolls. _ Operating expenses -.-thous. of dolls Net operating revenue, Canada . _. thous. of dolls Freight cars— Carloadings*— Total -_thous. of cars.. 2,245 Coal and coke thous. of cars.. 485 Forest products thous. of cars_. 77 Grain and grain products thous. of cars.. 137 Livestock thous. of cars 76 Ore thous. of cars.. 11 Merchandise, 1. c. l.thous. of cars._ 732 Miscellaneous. thous. of cars.. 728 Car surplus (daily average, last week of month)— Total cars 721, 615 Box - _ _ . . .cars . 366, 620 Coal cars 278, 722 Operation resultsFreight carried 1 mile— Canada _ .mills, of tons. _ United States, mills, of tons i Passengers carried 1 mile-millions. _ Receipts per ton-mile cents 7,331 6,990 6,836 6,485 6, 310 6,173 5,913 5,938 5, 910 5,958 5, 967 5, 734 13.7 51 0 285 13.0 68 11 46 12.7 53 20 81 12.0 61 0 139 11.7 51 1 113 11.4 95 6 122 10.9 66 108 10.9 114 2 291 10.8 94 151 182 10.9 '67 7 151 10.9 77 8 161 10.4 86 8 128 54, 228 2, 489 54,462 2,496 54.861 2,509 54,889 2,509 54,967 2,512 55, 029 2,514 55,056 2,513 55,098 2,513 55, 278 2,518 55, 366 2,520 55, 450 2,522 55, 534 2, 525 0 0 0 2 2 0 12 3 8 3 4 16 1 2 16 4 11 23 4 19 26 0 26 16 3 12 10 5 5 35 1 6 3 3 » 37 30 s 24 3 34 82 10 3 17 3 r>n 30 8 30 9 0 10 15 4 15 12 16 13 18 14 20 16 31 20 57 24 60 26 57 2!') 178 130 33 177 130 32 165 132 21 147 132 7 158 135 14 115 88 18 132 93 20 142 93 30 84 18 47 106 8 69 115 14 81 123 19 85 30 0 6 0 3 50, 958 0 0 0 i 0 0 21 0 0 0 3 0 | 0 51, 136 0 0 4 351,489 0 0 8 8 2 2 13 13 38 38 37 37 24 24 30 30 11,714 275, 371 208, 492 38, 024 229, 548 2,270 483 73 124 88 12 747 ! 742 741, 864 380, 777 283, 440 3 z 24 s 16 125 21, 263 36,580 64,020 55, 319 55,859 56, 535 50, 163 41, 264 39, 074 45, 906 27, 732 31, 688 32,611 30, 158 28,265 29, 352 30,480 30, 934 30, 912 30,613 26, 7S8 288, 631 214, 443 40, 577 241, 439 305, 385 238, 459 35, 904 238, 507 363, 206 289, 193 38, 202 261, 247 350, 335 270, 239 44, 757 258, 223 364, 525 280, 103 49, 183 269, 463 377, 146 290, 348 50, 272 280, 127 369, 810 281, 261 50, 957 280, 145 369, 020 283, 161 46, 981 288,067 369, 652 283, 711 47, 272 290. 618 376, 149 291, 289 47, 150 291. 582 336, 632 257, 521 46, 455 272,116 3,962 7,676 7,363 5,036 1,871 2,049 1,898 2, 166 3,640 3,112 112 2,273 494 71 2. 620 507 87 3,813 755 123 2,908 516 104 3.747 '617 138 2,931 452 106 2,992 465 125 3, 736 611 165 2,986 486 130 2,940 555 138 ?2,834 584 138 112 87 15 742 753 145 104 25 806 946 193 145 102 1,081 1,415 149 96 121 841 1,081 228 106 175 1,069 1,413 220 71 139 830 1,113 140 75 119 876 1, 192 180 106 80 1,097 1, 496 151 85 29 899 1,206 153 79 23 886 1,105 165 88 22 842 2995 750, 696 401, 332 268, 669 659, 346 340, 502 249, 193 535, 254 290, 369 185, 442 564, 284 293, 424 209, 765 573, 680 302, 887 206, 240 564, 068 288, 414 211, 044 599, 282 306, 443 224, 120 615, 924 306, 319 238,504 602, 832 282, 315 251, 679 621, 509 298, 837 252, 825 650, 964 324, 938 253, 515 1,878 22, 663 1,641 1.037 2,805 25, 086 1,468 1. 035 2,927 30, 588 1,541 1.046 2, 057 27, 847 1,900 1.049 1,636 29, 348 2,077 1.041 1,770 30, 276 2,116 1.051 2,207 28, 258 2,034 1.090 2,178 30, 014 1,870 1.054 2, 136 28,710 1,831 1.093 2,104 29,960 1,758 1.074 1, 951 27,079 1.747 1. 049 1, 163 1,167 1,171 1,174 1,178 1,179 1,182 1,184 1,185 1,187 1,187 120 530 124 535 124 540 130 545 133 548 137 551 137 532 131 536 138 540 138 544 128 549 1,520 27,264 FINANCE Agricultural Finances Loans outstanding, end of month: Federal land banks mills, of dolls,. Federal intermediate credit banks mills, of dolls.. Joint-stock land banks mills, of dolls. _ 1,154 114 520 1, 158 : 118 525 Banking Acceptances and commercial paper: Bankers acceptances outstanding— Total mills, of dolls Held by Federal reserve banks— For own account. ..mills, of dolls. . 76 For account of foreign correspondents mills, of dolls.. 312 Held by group of accepting banks — Own bills mills, of dolls. Bills bought mills, of dolls..! Held by others mills, of dolls Commercial paper outstanding ! mills, of dolls..; Bank debits: Canada _. ... mills, of dolls ... New York City mills, of dolls.. i 14,381 Outside New York City. .-mills, of dolls. J 12, 870 Outside New York City...,rel. to 1923-25. J 65. 2 * Data for May, August, and October, 1931, ar e 974 1,002 1, 040 996 1,090 1,228 1,368 1,413 1,422 1,467 305 418 647 420 70 39 95 124 162 123 85 314 251 126 99 100 228 243 341 380 409 431 456 159 174 195 131 131 156 125 171 162 112 118 63 162 248 66 168 439 185 232 436 278 196 357 379 171 293 444 125 285 441 131 341 441 151 398 430 98 118 174 210 248 271 289 292 305 307 311 315 2, 638 2,071 19, 233 17, 676 15, 893 17, 112 80.6 ! 86.7 2,842 14, 464 14, 605 74.0 2, 587 20, 678 18, 125 91.9 2, 451 20, 073 16, 627 84.3 2,244 17, 501 16, 526 83.8 2,400 21, 007 18, 444 93.5 2,694 25, 893 19,406 98.4 3, 172 25, 072 18, 858 95.6 2,535 20,948 17,084 86.6 2 Revised. 2,570 2,786 26, 821 27, 589 19, 421 19,620 98.4 99.5 Quarter ending in month iridicated. 961 2 119 ; for 5 we °ks, other months ^ weeks. 53 SURVEY OF CURRENT BUSINESS April, 1932 MONTHLY BUSINESS STATISTICS—Continued Earlier data for items shown here may be found in the 1931 Annual Supplement to the Survey 1932 Febru- January Decem- Novem- October Septem- August ary ber ber ber FINANCE— Continued Banking— Continued Brokers' loans, end of month: By N. Y. F. R. member banks 505 495 591 720 869 mills, of dolls 1,172 1,366 1.94 2.20 2.35 Ratio to market value . . per cent1.90 2.33 3.04 3.23 525 512 587 730 Total .mills, of dolls.796 1,354 1,044 Federal reserve banks: 899 638 718 Bills discounted mills, of dolls.828 728 255 328 Member bank reserve account 1,961 ._ mills, of dolls. . 1,849 1,947 2,051 2,167 2,373 2,364 2,665 2,624 Notes in circulation mills, of dolls. _ 2,651 2,480 2,429 1,963 2,098 1,853 1,709 1,856 1,931 2,184 Reserve bank credit mills, of dolls 1,255 1,578 2,093 2,125 2,252 2,380 Total deposits mills, of dolls.- 1,937 2,632 2,506 899 1,169 849 1,156 1,408 Total investments _ .mills, of dolls. _ 943 1,211 3,158 3,169 Total reserve mills, of dolls 3,140 3,080 2,903 3,619 3,301 Federal reserve member banks: 12,199 Net demand deposits mills, of dolls. . 11,003 11,166 11,871 12, 449 13, 244 13,227 7,149 7,428 6,935 7,506 7,665 Total investments . mills, of dolls. 7,700 7,916 13, 104 13,350 Total loans and discounts., mills, of dolls. . 12, 588 12, 830 13, 521 14,191 14,398 Interest rates: 2.65 2.70 2.50 2.10 2.50 1.50 Call loans, renewal percent . 1.50 5.63 5.63 5.63 5.63 Federal land banks. .. percent 5. 63 5.36 5.63 5.34 5.06 Intermediate credit banks per cent.. 5.43 4.50 4.06 3.81 3.81 New York Federal Reserve * 3. CO 3.50 3.50 3.50 1.50 Bank (discount rate) per cent *3. 50 1.50 3.00 2.88 2.82 2.50 Prime bankers' acceptances per cent_. 3.07 .88 1.07 Prime commercial paper (4-6 months) 3.88 3.88 per cent . 3. 88 4.00 3.13 2.00 2.00 3.50 3.63 3.75 3.25 3.50 1.38 Time loans, 90 days _ percent-1.63 Savings deposits: 5,255 5, 239 5, 236 New York State mills of dolls 5,213 5,217 5,173 5, 231 United States postal savings system96, 019 Deposits thous. of dolls. 73, 774 72,011 Withdrawals thous of dolls 27, 846 23, 532 24,811 Balance to credit of depositors _ thous. of dolls-- 683, 627 658, 081 595, 634 555, 560 2 536, 660 468, 908 422, 699 Balance on deposit in banks thous. of dolls 602,317 570, 525 512,300 464, 841 2449,933 395, 725 365, 798 Business Failures Firms (United States) : 358 '342 522 115 175 158 Banks - number 305 2,758 2,732 3, 458 2,362 Total commercial _ .. .. number2, 195 1,944 1,936 688 591 614 Manufacturers _ number _ _ 602 519 427 449 2,013 2,002 2,595 1,605 Trade establishments number 1,545 1,381 1,374 175 154 128 143 Agents and brokers - - number 131 136 113 By groupsManufacturers— 688 Total number 602 614 591 519 427 449 14 22 11 Chemicals number 12 9 13 46 48 50 Foodstuffs number _ _ 40 30 40 11 Leather number 25 18 20 18 14 4 12 14 Liquors and tobacco number 15 7 10 82 54 Lumber number 65 62 52 49 Printing and engraving-.number 28 29 24 32 14 23 11 12 Stone, clay, and glass .number. _ _ . 9 18 6 6 Textiles number ! 133 116 82 81 61 64 Metals. . number ' _ _ _ 75 49 64 55 32 49 All other number. . 253 235 290 191 181 198 TradersTotal number 2,002 2,595 2,013 1,605 1,545 1,374 1,381 Books and paper number 37 16 18 12 19 15 Chemicals and paints number. 142 120 114 112 109 90 284 Clothing number i 421 701 289 220 273 556 Foods and tobacco number 591 411 441 447 353 195 124 General stores. _. number 159 105 78 87 Household furniture number ' 536 260 343 260 234 235 All other number 341 450 379 328 286 322 Firms (Canada).- . number 293 164 263 256 200 275 230 Liabilities (United States): Banks ._ thous. of dolls. . 60, 047 2 225,474 277, 051 67, 656 471, 380 233, 505 180, 028 70, 660 Total commercial thous. of dolls : 84,900 96, 860 73, 213 60, 660 53, 025 47, 256 22, 454 Manufacturers thous of dolls i 33, 879 31, 680 26, 334 26, 112 14, 857 16, 967 Trade establishments thous. of dolls. .: 41, 005 54, 505 38, 386 29, 486 27, 229 24, 658 25, 848 12. 373 14, 841 Agents and brokers thous. of dolls _ _ 10, 016 10, 676 7,318 7, 741 10, 210 4,226 Liabilities (Canada) thous. of dolls i 5 ,049 5,771 6,300 3, 170 2,138 4,540 Dividend and Interest Payments 998 Grand total mills of dolls 443 671 558 490 533 Dividend payments: 196 403 | Total mills, of dolls.. 231 288 245 251 233 Industrial and miscel300 laneous mills, of dolls.. 143 180 183 225 174 170 43 34 Steam railroads mills, of dolls 29 29 32 36 27 12 11 Street railways mills, of dolls 8 11 6 6 9 Interest payments.- ... mills, of dolls.. 595 \ 440 247 459 245 307 300 Foreign Exchange Rates America: .582 Argentina dolls, per gold peso_.583 . 585 .588 .520 . 597 .646 .062 Brazil dolls, per milreis.. .062 .062 .062 .056 .064 .059 Canada dolls per Canadian doll .873 .851 .827 .890 .891 .997 .963 Chile dolls, per paper peso.. .121 .121 .121 .121 .121 .121 .120 Asia: Japan dolls, per yen .360 .343 .435 .494 .493 .493 .493 India dolls, per rupee .254 .260 .258 .280 .287 . 359 .339 Europe: Belgium dolls, per belga_. .139 .139 .139 .139 . 140 . 139 .139 England dolls, per lb. sterling-3.46 3.43 3.72 3.37 3.89 4.86 4.53 France dolls, per franc - .039 .309 .039 .039 .039 .039 .039 Italv dolls, per lira ; .052 .050 .051 .052 .052 .052 .052 Netherlands dolls per guilder .404 .402 .402 .402 .404 .403 .403 Sweden dolls, per krone-.192 .193 .187 .207 .231 .268 .261 Switzerland dolls, per franc. . .195 .195 . 195 .195 .195 . 196 .195 ' Rate changed Dec. 24, 1930, May 8, Oct. 9, Oct, 16, 1931, and February 26, 1932. 1931 July 1,390 3.03 1,344 June 1,479 2.93 1,391 May April 1,539 3.37 1,435 1,730 3.40 1, 651 March 1,875 3.58 1,909 February 1,798 3.22 1,840 195 149 174 157 250 198 2,367 1,765 976 2, 527 751 3,597 2,381 1,723 943 2,504 773 3,576 2,389 1,580 917 2,442 724 3,413 2,371 1,535 937 2,434 761 3,334 2,428 1,486 990 2,506 723 3,296 2,343 1,478 925 2,399 708 3,244 13, 473 7,810 14, 486 13, 688 7, 795 14,691 13, 605 7,807 14, 730 13,664 7,903 14,993 13,748 7,551 15, 382 13,614 7,183 15,464 1.50 5.63 3.81 1.50 5.63 3.90 1.45 5.63 4.00 1.52 5.63 4.00 1.55 5.63 4.00 1.50 5.63 4.00 1. 50 .88 1.50 .88 * 1. 50 2.00 2. 00 1.50 2.00 1.50 2.00 1.44 2.00 1.38 2.00 1.50 2. 13 1.75 2.38 2.00 2.50 2. 13 2.63 1.88 5, 149 5, 156 5, 083 5, 059 5,018 4,928 62, 047 27, 007 43, 505 21,117 31,822 20, 568 32. C61 20, 944 29, 337 18, 638 31,353 17,648 372, 457 347,417 325, 028 313, 775 302, 658 292, 059 329, 655 306, 120 289, 034 278, 304 267, 790 255, 268 93 1,983 520 1,322 141 167 1,993 449 1,435 109 91 2,248 552 1,570 126 64 2, 383 515 1,710 158 86 2,604 582 1,843 179 77 2,563 583 1,831 149 520 13 34 16 6 39 17 13 75 49 258 449 7 64 26 10 57 21 7 53 37 167 552 12 43 14 4 65 27 9 78 50 250 515 9 38 12 6 75 10 5 78 55 227 582 5 37 23 9 79 52 282 583 13 37 14 9 72 15 4 96 54 269 1,322 19 86 257 363 66 239 292 223 1,435 20 84 235 360 89 243 404 174 1,570 19 108 295 401 88 357 302 196 1,710 18 98 351 451 109 297 386 200 1,843 28 107 400 441 152 358 357 213 1,831 19 93 381 438 131 407 362 253 40, 745 60, 998 20, 586 28, 091 12, 321 3,345 190, 480 51, 656 21, 909 25, 934 3,813 3,504 43, 493 53, 371 18, 506 25, 069 9, 796 2, 776 41, 683 50, 868 18, 719 26, 386 5, 763 3,753 34, 320 60, 387 24, 072 30, 348 5, 967 3, 705 34, 616 59,608 25,304 30, 852 3,452 3,012 27 946 762 560 749 594 526 387 346 292 314 311 287 267 42 11 559 237 34 236 38 9 435 236 46 416 213 33 8 268 284 210 43 9 239 .699 .072 .997 .121 .703 .075 .997 .121 .707 .067 .999 .121 .765 .073 1.000 .121 .780 .079 1.000 .121 .719 .086 1.000 .121 .494 .360 .494 .360 .494 .361 .494 .361 .494 .361 .494 .359 .140 4.86 .039 .052 .403 .268 .194 .139 4.86 .039 .052 .402 .268 .194 .139 4.86 .039 .052 .402 .268 .193 .139 4.86 .039 .052 .401 .268 .193 139 4.86 .039 .052 .401 .268 . 192 .139 4.86 .039 .052 .401 .268 . 193 2 Revised. 54 SURVEY OF CURRENT BUSINESS April, 1932 MONTHLY BUSINESS STATISTICS—Continued Earlier data! for* items shown here may be found in the 1931 Annual Supplement to the Survey 193? 1931 FebruJanuary ary Beeeni- 1 Novem- October SeptemAugust ber 1 ber ber July June May April March | ™™« FINANCE— Continued Gold and Silver Gold: Domestic receipts at mint fine ounces.. 91. 704 Exports thous. of dolls. . 128,211 Earmarked for foreign account by Fed. res. banks thous. of dolls. _ 406. 781 Imports thous. of dolls.. 37, 585 Monetary stocks of U. S., daily 4,384 average mills of dolls Rand ouptut fine ounces Silver: Exports thous. of dolls.. 942 Imports . thous. of dolls.. 2, 009 Price at New York dolls, per fine oz_. .301 Production— • United States -thous. of fine oz_. 1,674 Canada thous. of fine oz 1, 539 Mexico . thous. offineo z _ . Stocks, end of month— United States . -thous. offineoz._ 5, 992 Canada thous. of fine oz.. 1,538 89,185 107, 863 j 90 r, pf K 134, 775 4, 994 123, 748 398, 604 128,928 28, 708 115, 343 39 118,123 1,009 114,651 40 95. 133 '628 93,612 So, 091 32,' 651 87, 717 14 43H, 150 2 458, 534 89, 509 32, 905 435, 621 94, 430 463, 931 60, 919 356, 321 49, 269 77, 231 57, 539 01,231 20, 512 31, 531 63, 887 123, 795 50, 258 127, 795 49, 543 120, 2',;5 25, 671 123. 295 1M56 4, 452 4, 450 923, 353 4. 363 900,510 4,447 945, 113 4, 948 916, 000 4, 975 916, 425 4,958 916,843 4,865 897, 000 4,767 910, 279 4.682 4, 71 1 882, 237 910,998 4,656 S39, 937 1,611 2, 097 '. 298 2, 168 3, 215 . 301 872 2, 138 .322 2,158 2, 573 . 295 2, 183 2. 355 . 282 2,024 2, 685 . 275 2,305 1,663 .283 1, 895 2.364 .' 273 2, 099 2, 636 .277 3,249 2, 439 . 283 2, 323 1, 821 292 2 1, 909 1,484 2, 350 1. 113 5', 590 2, 132 1,659 6,295 2, 181 2,117 7,312 2. lOi 1,403 7,510 2,419 1, 610 6,814 2,176 2,133 6,390 2, 433 731 7, 041 2,762 1.836 7,374 2,831 1.139 9,535 3. 528 1,431 6, 510 1,638 1,877 .268 jpa 3. 187 1,772 6. 944 6, 209 1, 273 5, 035 1,471 4, 066 1,110 4,082 989 2,240 1,363 2,077 754 1,611 958 1,485 1,423 713 1,509 2, 714 796 1.851 '702 5,606 | 1, 324 ' IM Net Corporation Profits Grand total Total and industrial and mercantile Automobile parts and exclusive of tires Food Oil Metals and mining.. Machinery - Miscellaneous Steel and railroad equipment _ .. Class I railroads Other public utilities Telephones mills, of dolls mills, of dolls.. accessories, mills, of dolls.. mills, of dolls mills, of dolls.. mills, of dolls.. mills, of dolls mills, of dolls.. mills, mills, mills, mills, _ & 390 2441 3 332 397 3159 3125 s 14 329 3 5 365 335 *30 331 30 S 3 3 5 353 3 3 M8 of dolls. _ of dolls.. of dolls.. of dolls. . 3 0 3 4 30 35 47 39 s 132 378 s 72 30 » 167 359 s 67 3 9 3 107 381 8 69 Life Insurance (Association of Life Insurance Presidents) Admitted life insurance assets (40 cos.): Grand total mills, of dolls. . Mortgage loansTotal in IPs of dolls Farm _ _ _ .. mills, of dolls. . \11 other mills, of dolls Bonds and stocks (book value): Government mills, of dolls Public utility ... mills, of dolls Railroad .. .mills, of dolls . All other mills, of dolls Total mills, of dolls.. Policy loans and premium notes mills of dolls Amount of new insurance (44 cos.): Group mills, of dolls Industrial . mills, of dolls ('rdinary __ mills, of dolls. Total insurance mills, of dolls. . Policies and certificates, new (44 cos.): Group thous. of certificates. . Industrial thous. of policies . Ordinary thous. of policies. . Total policies and certificates. thousands.. Premium collections (44 cos.):* Annuities thous of dolls Group thous of dolis Industrial thous of dolls Ordinary _ thous. of dolls Total thous of dolls Sales of ordinary life insurance (Life Insurance Sales Research Bureau): Canada, total, 15 cos thous. of dolls.. United States, total thous. of dolls.. Eastern manufacturing district thous. of dolls. . Far western district.. -thous. of dolls.. Southern district thous. of dolls. Western agricultural district _. thous. of dolls Western manufacturing district . thous of dolls Ordinary life insurance, lapse rates (Life Insurance Research Bureau) : United States total rel to 1925-26 East North Central. ...rel. to 1925-26... East South Central rel. to 1925-26 Middle Atlantic rel. to 1925-26.. Mountain _ rel. to 1925-26 New England rel. to 1925-26 Pacific rel. to 1925-26.. South Atlantic rel to 1925-26 West North Central rel. to 192,5-26 West South Central... rel. to 1925-26.. 16,366 16,288 16,227 16, 135 16,070 15, 978 15,871 15, 769 15, 662 15.573 1 5, 474 (5. 382 1,512 4, 870 6,387 1,523 4, 864 6,379 1,527 4, 852 6, 363 1,530 4, 833 6, 359 1,533 4, 826 6, 353 1.535 4, 818 6, 356 1,537 4,819 6, 345 1,541 4.804 6,332 1, 544 4,788 f>, 330 1. 547 4, 783 6,323 1,555 4, 768 1,289 1,667 2,686 525 6,167 1,284 1,667 2,688 525 6,164 1,283 1,665 2,687 524 6, 159 1 , 292 1,663 2, 669 519 6,143 1,258 1,667 2,663 504 6,092 1,213 1,662 2,657 503 6, 035 1,189 1,644 2. 653 504 5, 990 1,164 1,611 2. 653 499 5,927 1,134 1,605 2, 660 495 5, 894 1 , 120 1,578 2, 651 487 5, 836 1, 108 1.572 2,648 485 5, 813 2,594 2,544 2, 508 2,446 2,409 2,388 2, 363 2, 331 2, 300 2, 273 2, 241 35 221 578 833 112 218 015 945 101 262 754 1,117 29 230 588 S47 41 214 563 818 37 199 484 720 46 247 547 839 46 253 606 905 81 251 073 1,005 72 236 672 980 99 225 691 1,025 62 247 720 1,028 104 209 599 912 21 816 252 1,089 49 804 248 1, 100 44 1, 156 350 1,551 19 951 259 1,229 18 761 256 1,035 22 723 223 968 26 995 233 1,254 22 994 260 1,276 45 926 285 1,256 35 845 288 1,168 59 865 301 1,225 28 881 321 1 , 230 60 731 247 1,039 10,412 8, 225 61,157 169, 784 249, 578 14, 434 8,862 60, 570 164, 710 248, 576 23, 904 10, 166 113,491 200, 823 348, 384 9,812 7, 464 59. 204 158, 721 235, 201 10,125 7, 484 58, 365 165,587 241,561 9,019 7,521 55,319 150, 450 222, 309 9, 304 7,895 62, 874 154,579 234, 652 17,979 8,114 55, 612 178, 398 260, 103 13, 868 8,117 60, 654 173,947 256, 586 25,175 8. 037 59, 884 1 75, 562 268, 658 12,682 3, 398 53, 854 183,992 258, 926 11,919 8, 790 62, 920 !M6,4n2 270, 081 12,430 8, 748 56, 388 166,759 244, 325 37, 331 592, 718 37, 331 634,717 47, 163 799, 971 38. 860 629, 760 36, 006 599, 855 30, 066 535, 353 35. 738 589, 497 39, 977 634, 902 46, 227 734, 614 41,314 724, 206 45, 648 754, 002 46. 945 770, 440 40, 180 647,140 267,617 58, 258 60, 553 289, 381 62, 884 68, 009 342, 141 79, 695 88, 686 278, 665 64. 140 66, 626 258, 245 61,492 64, 470 221 , 440 56, 553 61,076 242, 920 60, 607 69, 047 267, 378 63,112 73, 714 321,403 70. 226 84, 055 313,038 68, 663 81,955 327, 077 70, 943 82, 930 343, 745 73, 579 77, 628 289, 757 60, 094 64, 009 m 75, 299 78,315 110,183 80, 794 80, 224 75, 004 84, 197 91, 959 100, 752 98, 861 102, 396 101,945 86, 439 130,991 130, 118 1 79, 266 139, 535 1 35, 424 121,280 132,726 138,739 158,178 161,689 170, 656 1 73, 543 146, 841 s •'• * 3 » 3 127 141 131 140 121 127 3 118 3 117 ? 1 25 'o 128 * For earlier data see table on page 21 of the October, 1931, issue. ' • 124 s 140 3 123 a 140 s 113 3 122 3 116 3 107 z 120 3 123 »Revised. ? Ill * 123 3117 8 127 3 95 3 105 a 103 s 100 3 107 3 110 ' Quarter ending in month indicated. ' 113 < 116 ' r?8 : - 128 3 108 3 114 •598 s 109 3 108 3 119 55 SURVEY OF CURRENT BUSINESS April, 1932 MONTHLY BUSINESS STATISTICS—Continued Earlier data for items shown here may be found in the 1931 Annual Supplement to the Survey F 1933 1931 £r **™y Decein- i Novem- j ber ; her \ October t^ August ; July ; June April May February March FINANCE— Contained Public Finance Customs receipts thous. of dolis_. 23, 191 Expenditures chargeable to ordinary receipts thous. of dolls. _ 370, 986 Government debt, gross, end of month mills of dolls 18, 126 Total ordinary receipts thous. of dolls _ _ 97, 140 United States money in circulation mills, of dolls 5, 627 26,549 | 27,445 27, 180 232, 927 862,348 17, 816 107, 748 17, 825 17, 310 342,271 I 106,304 5,645 292, 652 5,611 5,518 35, 175 35, 500 416, 472 356, 630 17, 292 17, 321 134,649 ! 368,792 5, 478 5, 133 38, 240 : 28, 98C i 27,463 ; 31, 798 j 31, 807 34, 480 432,366 323,838 | 330,661 375, 153 ! 285, 892 28, 107 720, :?36 191, 425 16,864 ! 16,802 ! 16,801 i 16.527 ; 16.655 ! 16,583 122,141 ! 131,706 • 512,894 i 124,405 ; 148, 208 433, 301 16, 231 118,614 4,947 i 4,750 4,836 '\ ; 4,679 4,647 i t 4, 590 4,598 Stockholders American Telephone & Telegraph Co: Domestic . . numbe Foreign numbe Pennsylvania R. R. Co.: Domestic immbe Foreign numbe U. S. Steel Corporation (common stock): Domestic numbe Foreign _ _ _ _ _ numbe _ Shares held by brokers p. ct of tots 333.r> 4X0 i ! -5P5 31?2 '3605 ,vSr, : 3 f, < U 7 ' 3945 5fW i 3 241. 391 3 3 9fiK ! S 3 2S4 768 3 j 176. 2, 803 3lfifi 31 574. 905 ' M' 383 ' 4240,734 3 9 3 91 i 3 153 718 fi 3 2 701 3 13 Ifi 1 3 13 29 3 : 3 ('. £70 i 1 : i 3 8 ; ; i 3 235.;<0fi j j3 ; 2, 520 ; 14.37 ' ; 147 410 3 2, 451 8 15 68 Stocks and Bonds BONDS Bond prices: Combined price index p. ct. of par, 4% bond Highest-grade rails.p. ct. of par, 4% bond.. Industrial p. ct. of par, 4% bond Public utility p. ct. of par, 4% bond-Second-grade rails_p. ct. of par, 4% bond.. Bond prices, 1st of following month: 50 domestic bonds p. ct. of par_. 40 representative issues p. ct. of par.. 5 Liberty bonds p. ct. of par_. Bond yields: Industrial (15) per cent . Liberty and Treasury bonds per cent.. Municipal (15) _ _ _ per cent Municipal bond yield (20) per cent-Railroads (15) per cent U. S. Treasury notes and certificates, 3-6 mos per cent Utilities (15) . . .per cent Total, 60 high grade per cent-Long-term real-estate bonds issued: Grand total thous. of dolls . Interest rates per cent Kind of structureApartments thous of dolls i Hotels thous. of dolls.. Office and commercial.thous. of dolls.. Purpose of issue— Acquisitions and improvements thous. of dolls Finance construction „ thous. of dolls. . Real-estate mortgage. -thous. of dolls _. 80.48 97.68 63.70 80.91 82.54 80.86 96.11 68.15 80.06 84.03 82. 29 96.31 70.83 79.59 86.58 82. 06 96. 41 70.72 79.00 86.39 106. 30 99.89 81.01 106. 84 100. 12 85.30 105. 77 100.15 88.03 105. 37 100. 27 86.67 104.85 5.13 3.32 3.88 3.86 4.32 5.25 3.30 3.76 3.84 4.32 5.24 3.31 3.75 3.74 4.27 5.10 3.38 3.80 3.85 4.33 4.98 3.39 3.89 3.90 4.27 5.01 3.40 3.95 4.03 4.27 .42 4.40 4.50 .41 4.42 4.44 .55 4.46 4.45 .88 4.44 4.43 1.49 4.46 4.43 1.38 4.48 4.41 1.06 4.54 4.44 66, 785 5.80 2,100 5.76 775 5.78 3,425 9,485 5.43 7,235 5.68 2,015 5.66 3,590 5.36 0 0 66,445 0 0 1,985 0 0 175 2,700 o 0 265 8,650 250 0 4,400 0 0 1,475 0 0 2,000 0 500 0 395 66, 090 0 565 635 600 0 o 0 1,000 425 265 0 9,220 0 1,700 3,135 210 1,000 630 0 1,500 1,090 142. 97 114.2 146. 65 117.2 63.9 23. 85 190. 59 152.3 57.87 82.7 32.48 193. 83 154.9 54.1 21.27 156. 80 125.3 46.44 66.4 22.90 33.35 198. 56 158. 6 68.09 97.4 35.81 193. 75 154.8 65.89 94.2 31.39 215. 74 172.4 74.97 107.2 36.38 237. 52 189.8 84.55 120.9 40.49 235.29 188.0 92.03 131.6 44.00 71.7 46.0 114.7 69.7 48.4 111.9 81.7 56.1 131. 9 95.5 66.2 154.0 98.2 75.3 157.5 95.1 74.0 153. 0 98.0 76.8 156.4 109.2 87.3 169.8 121. 6 97.2 188.9 119.8 104.7 177.9 67.5 64.8 75.8 88.5 89.8 86.5 89.4 100.3 111.8 110. 3 98.1 122.2 80.1 121.5 94.0 i 158.1 115.0 194. 1 130.7 196. 3 129.2 189.7 140.3 202.3 150.5 227.6 178.6 268.2 174. 0 237.3 75.4 70.4 84.7 i 103. 4 104.9 101.2 110.0 117.4 128.6 120.4 33.0 69.3 45.0 89.2 31.3 69.7 43.0 84.3 41.1 ! 80.0 50.0 i 96.7 ! 49.1 91. 6 61.0 112.0 50.2 89.2 65.8 112.2 46.7 88.5 62.0 111.9 46.4 88.8 66.7 117.7 50.0 86.2 79.4 127.1 57.5 89.9 95.7 136. 9 ; 54.4 86.4 90.8 133. 2 60.7 59.3 71.6 1 84.2 88.0 83.4 88.7 109.4 125.1 125. 8 56.7 41.5 46.0 44.6 35.7 53.1 41.2 42.6 41.7 35.9 60.0 46.4 45.9 | 54.8 1 40.4 69.9 54.5 48.4 65.2 44.7 67.4 57.2 48.9 71.8 45.8 63.1 54.6 48.6 68.2 45.0 63.2 57.1 48.6 ' 72.1 47.4 84.5 i5 78.2 51.5 102. 9 58.2 90.7 77.4 52.2 101.2 55. 3 72.24 92.70 61.60 78.40 64.11 77.05 95.14 65.82 82.81 70.76 80.99 97.70 67. 75 83.68 80.34 79.07 97.73 64.36 82.76 99.98 71.02 106.04 100.38 72.32 106.09 100. 25 100.37 96. 32 53.98 103. 76 6.08 3.69 4.62 4.45 5.17 6.21 3.71 4.51 4.34 5.14 5.64 3.42 4.00 4.06 4.66 5.26 3.34 3.88 3.85 4.47 2.41 5.29 5.81 1.77 4.89 5.19 1.70 4.77 5.16 .45 4.50 4.70 1,075 5.50 3,185 5.43 2,619 5.71 9. 125 5.00 0 0 0 0 0 690 0 0 0 500 1,979 0 2,575 9,125 0 0 0 0 240 835 2,800 0 0 0 725 1,894 8,625 65.06 84,35 55.48 57.23 75. 30 48.84 66.23 47.52 57.47 76.95 50.04 66.09 46.54 53. 23 65. 84 39.11 53.02 56.49 89.49 51.45 99.16 88.18 49.63 96.01 88.19 45.61 91.72 92.96 98.23 100. 86 7.02 4.12 5.40 4.96 5.78 7.11 4.27 5.28 4.99 5.70 7.24 3.92 4.86 4.87 5.86 2.42 5.49 5.92 2.48 5.36 5.86 0 0 75.29 47.37 64.08 83.73 j 56.31 72.15 50.20 71.93 56.10 78.51 83.84 5.69 0 STOCKS Stock prices, average daily closing: 25 industrials, average dolls, per share.. I 118.92 116.92 119.96 25 industrials, average rel. to 1923-25. 1 95.0 | 93.4 95.8 25 railroads, average dolls per share i 29.28 1 30. 68 28.44 25 railroads, average _.rel. to 1923-25 40.7 41.9 43.9 103 stocks, average dolls, per share— ! 18. 56 18.14 17.93 Stock prices, average weekly closing: All groups (421) -..rel. to 192656.5 58.0 57.7 All railroads (33) rel. to 192634.2 33.0 36.6 All utilities (34) rel. to 1926.. 92.8 95.6 94.4 Industrial, rails and utilities (351) rel. to 192654.3 52.9 54.4 Agricultural implements (4) ..rel. to 192668.9 74.7 75.6 Airplanes (12) ...rel. to 1926101.2 109.8 92.6 Automobiles and trucks (12) rel. to 1926- i 60.2 64.2 64.8 1 Automobile tires and rubber goods (7) rel. to 1926- .1 22.8 24.5 24.9 Chain stores (16) rel. to 1926- I 57.4 56.3 57.3 Copper and brass (8) rel. to 1926— ! 32.1 36.1 1 35.2 Food, other than meat (22) .rel. to 192674.9 74.0 75.8 Machinery and machine equipment (10) rel. to 1926— 47.1 47.7 46.1 Oil producing and refining (15) rel. to 1926— 42.4 42.9 43. 9 30.7 Railroad equipment (9) ...rel. to 192631.0 31.0 37.4 Rayon (5) ...rel. to 1926- 1 36.9 38.8 Steel and iron (10)— rel. to 1926.. ! 32.2 32.1 34.0 Textiles (28) rel to 1926 ! 30.6 30.7 31.0 Theaters, motion pictures, and amusements (7) rel. to 1926- I 17.0 17.8 15.8 Tobacco and tobacco products (11)-rel. to 192699.1 98.3 90.6 Traction, motor transportation (9) rel. to 1926- 1 40.0 38.9 37.2 Quarter ending in month indicated. 37.82 44.72 64.88 92.8 74.1 67.5 52.6 86.1 j 52.2 l 27.7 28.3 37.9 43.4 44.5 44.6 44.3 61.3 76.1 80.2 106.2 104.7 117.5 136. 9 141.0 133. 5 137. 3 144.3 143.8 | 137.4 43.6 43.6 59.8 62.7 63.2 60.8 61.9 67.1 66.3 51.1 ! 56 SURVEY OF CURRENT BUSINESS April, 1932 MONTHLY BUSINESS STATISTICS—Continued 1932 Earlier data for items shown here may be found in the 1931 Annual Supple- FebruNovem- October Septem- August January Decemment to the Survey ber ary ber ber 1931 July June May April March ™™' FINANCE— Continued Stocks and Bonds— Continued STOCKS— Continued Stock sales, N. Y. Stock Exchange -- ---thous. of shares.. Stock yields: Preferred high-grade industrial (20) percent-Total common (90) , . per cent Industrials (50) . percent-Public utilities (20) per cent Railroads (20) - . - .percent . 31, 719 34, 342 50,190 37, 369 47, 895 51, 140 24,890 33,540 58, 719 46, 661 54, 335 65, 494 64, 145 7.27 8.04 8.81 6.06 8.60 7.26 8. 22 8.89 6.37 9.01 7.07 8.66 9.04 6.60 12.70 6.45 7.06 7.32 5.50 9.79 6.40 7.28 7.49 5.74 10.07 6.03 6.51 6.63 5.11 9.59 5.80 5.74 5.94 4.36 8.15 5.77 5.66 5.89 4.33 7.54 5.85 5.96 6.26 4.47 7.76 5.71 5.95 6.23 4.42 7.91 5.59 5.43 5.69 4.04 7.12 5.54 4.95 5.17 3.60 6.75 5.61 5.12 5.35 3.89 6,29 150, 033 0 436 150 51, 073 240 1,923 400 7,133 683 62, 240 5,085 666, 840 9,660 57,994 3,975 44,958 17,054 39,834 19,300 150,000 33 0 0 286 0 0 833 50,000 0 1,523 0 5,000 1,450 0 33, 650 13, 505 0 650, 141 7,039 0 25, 764 28, 254 0 8,057 18, 097 1,750 8,000 12, 534 0 88,226 New Security Issues Bond sales, Canada: Total thous. of dolls Corporation thous . of dolls . Dominion and provincial _ - , thous. of dolls Municipal thous. of dolls Railways . - thous. of dolls Bond sales (U. S.): CorporationTotal thous. of dolls Class of industryIndustrial thous. of dolls-. Land and buildings -thous. of dolls__ Oil thous. of dolls.Public utilities thous. of dolls. . Railroads thous . of dolls _ _ Shipping and miscellaneous --thous. of dolls .Purpose of issueNew capitalthous. of dolls Refunding.. -thous. of dolls -_ Type of security — Bonds and notes . -thous. of dolls Stocks thous. of dolls . Bond sales on N. Y. Stock Exchange: Miscellaneous thous. of dolls Liberty— Treasury thous. of dolls.. Total _ _ - -. --thous. of dolls Foreign governments, excl. Canada thous. of dolls Foreign loans in the United States . -thous. of dolls States and municipalities: Permanent loans thous. of dolls _. Temporary loans thous. of dolls. . 2 Revised. i 44, 551 48,164 86, 331 70,202 17, 891 176, 264 51, 997 155, 934 252, 918 250, 590 456, 678 401, 229 100 150 19,100 583 2,160 4,550 9,197 15, 439 6,350 4,850 96, 932 82,400 2,925 2,900 0 34,901 4,950 1,225 0 44, 620 0 5,785 0 53, 398 0 5,784 0 51, 285 12, 550 9,625 0 2,000 0 67,009 0 42, 080 60,000 2,650 400 27, 456 12, 295 1,651 0 136, 800 0 3,813 5,000 220, 416 16, 113 10, 415 2,000 210, 025 22,500 7,577 4,940 305, 661 6,000 3, 765 2,053 101, 393 200, 018 6,405 0 64,2f6 12,000 1,700 0 8,048 0 4,106 2,625 o 2,044 1,226 800 35, 568 11,600 2,630 38, 863 5,688 46, 664 1,500 66, 984 19, 347 50, 123 20, 079 17, 391 500 156, 381 19, 883 46, 197 5,800 115, 070 40,864 131, 343 121, 575 169, 360 81, 230 267, 471 189, 207 269, 030 132, 199 74, 251 13, 975 40, 738 3, 813 43, 745 4,419 47, 463 38,868 46, 347 23, 855 14, 285 3,606 163, 399 12, 865 39, 835 12, 162 153, 814 2,120 247, 034 5,884 190, 065 60, 525 354, 969 101, 709 391, 758 9,471 61, 460 26,766 162, 591 54, 794 217, 385 218, 851 67, 676 286, 527 276, 780 61,046 337, 826 199, 228 37, 389 236, 617 290, 822 56, 157 346, 979 267, 323 38, 493 305, 816 191, 035 8,675 199, 710 219, 615 8,284 227, 899 252, 585 15, 167 267, 752 221, 256 14, 431 235, 687 215, 661 12, 127 227, 788 238, 298 8,723 247, 021 174, 535 19,911 194, 446 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 8,000 0 23, 602 0 1,900 38,800 69, 184 44, 303 13, 791 8,707 32, 733 2 135, 155 92, 162 2111,018 49, 244 81,717 54, 322 74, 625 18, 293 50, 122 119,392 104, 129 75, 618 91, 522 85, 327 45, 602 120, 336 30, 892 169, 094 24, 772 111,386 196, 598 279, 443 64,979 119,589 238, 436 EXPLANATORY The Survey of Current Business is designed to present each month a picture of the business situation by setting forth the principal facts regarding the various lines of trade and industry. The figures are very largely those already^in existence. The chief function of the Survey isj:o bring together those data which, if available at all, are scattered in hundreds of different publications. A portion of these data are collected by Government departments, other figures are compiled by technical journals, and still others are reported by trade associations. The Survey of Current Business computes the indexes on total stocks, new orders, agricultural marketings, crop marketings, and unfilled orders based on available data. SOURCES OF DATA The sources and inclusiveness of the data appearing in the table "Monthly Business Statistics" will be found noted in the 1931 Annual Supplement to the Survey of Current Business, and the sources of the weekly data are given on page 4 of the February 5, 1931, issue of the Weekly Supplement to the Survey of Current Business. HISTORICAL DATA Monthly data on all the various series carried in the Monthly Survey will be found in the 1931 Annual Supplement to the Survey, running back seven vears and in some cases eight years. Data previous to that included in the 1931 Annual Supplement will be found in the monthly Surveys prior to 1924. RELATIVE AND INDEX NUMBERS To facilitate comparison between different important items and to chart series expressed in different units, relative numbers (often called "index numbers," a term referring more particularly to a special kind of numbers described below) have been calculated. The monthly average for 1923-1925 has usually been used as a base equal to 100. The relative numbers are computed by allowing the monthly average for the base year to equal 100. If the movement for the current month is greater than the base, the relative number will be greater than 100, and vice versa. The difference between 100 and the relative number will give at once the per cent increase or decrease compared with the base period. Thus, a relative number of 115 means an increase of 15 per cent over the base period, while a relative number of 80 means a decrease of 20 per cent from"the base. Relative numbers may also be used to calculate the approximate percentage increase or decrease in a movement from one period to the next. Thus, if a relative number for one month is 120 and for a later month is 144, there has been an increase of 20 per cent. When two or more series of relative numbers are combined by a system of weightings, the resulting series is denominated an index number. The index number, by combining many relative numbers, is designed to show the trend of an entire group of industries, or for the country as a whole, instead of for the single commodity or industry which the relative number covers. Comparisons with the base year or with other periods are made in the same manner as in the case of relative numbers. SEASONAL ADJUSTMENTS TO INDEXES Seasonal variations are found in most series of economic statistics for which monthly values are obtainable. Consumption and production of commodities, interest rates, bank clearings, railroad freight traffic, and many other types of data are marked by seasonal swings repeated with minor variations year after year. These, in so far as they exist at all, are definitely periodic in character, with a constant 12-month period. In cases where an adjustment is noted for a series carried in the Survey, the index has been corrected for number of working or business days in the various months and then adjusted for seasonal variation. The index figures thereby become comparable throughout the series. METHODS OF USE Methods of using and interpreting current business statistics have been collected by the Department of Commerce from many business concerns and are described in a booklet entitled "How to Use Current Business Statistics," together with methods of collecting statistics. This booklet may be obtained from the Superintendent of Documents, Government Printing Office, Washington, D. C., at 15 cents per copy. HARDWARE D fV t '«„ 'n the GULF SOUTHWEST An analysis of trading areas, store location, finances, operating expenses, turnover, collections, personnel, lines handled, buying and selling practices, deliveries, returned goods, advertising, competition, and other factors in wholesale and retail distribution of hardware and related products in the Gulf Southwest. 100 wholesalers, 477 retailers, 8 managers of chain stores supplied operating statements and balance sheets and discussed their business policies with field agents of the Bureau of Foreign and Domestic Commerce, in order that this investigation might be of the greatest value to wholesalers, retailers, manufacturers, and others interested in distribution in this area. Domestic Commerce Series No. 52 Price 70 Cents Compiled by Walter A. Bowers and Walter A. Mitchell, Jr., of the Domestic Regional Division For sale by the Superintendent of Documents, United States Government Printing Office, Washington, D. C., or any district office of the United States Department of Commerce