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AUGUST 1933

SURVEY
OF

CURRENT BUSINESS




UNITED STATES
DEPARTMENT OF COMMERCE
BUREAU OF FOREIGN AND DOMESTIC COMMERCE
WASHINGTON
VOLUME 13

NUMBER 8

EXPLANATORY
The Survey of Current Business is designed to present
each month the available statistical measurements of
economic activity, together with the necessary analytical comment, which will enable readers to obtain a
comprehensive picture of the business situation. Certain of the more important series are presented in
graphic form so that the trend of the major indicators
can be readily determined. In order to get the monthly
statistics to subscribers more quickly, and to bring the
material up to date with current weekly statistics, a
4-page supplement is furnished each week as part of the
threefold service of the Survey. Libraries should note
that all of the statistics presented in the weekly supplement are not republished in the monthly numbers. It
is important, therefore, that these supplements be
preserved and bound with the monthly issues if the
entire record is to be complete.
Over 2,100 series of data, gathered from more than 200
organizations, are presented regularly each month.
Most of the statistics are not compiled by the Survey,
but represent a careful selection of material available
from all sources. The chief function of this publication
is to bring together in usable form the statistics which,
if published at all, are scattered in hundreds of different
publications and reports, and to aid in the proper
analysis and interpretation of the figures. The Survey
of Current Business compiles the indexes of domestic
and world stocks, new and unfilled orders, agricultural,
livestock, and forest-products marketings, foreign trade,
5- and 10-cent store sales, and department store sales by
districts.
SOURCES OF DATA
The sources and inclusiveness of the data in the table
"Monthly Business Statistics" will be found either in
the explanatory footnotes covering each series in the
1932 Annual Supplement to the Survey, or on the indicated pages of the monthly issues. These latter refer
to new material added since the 1932 Annual Supplement was published. The data given in these footnotes
should always be kept in mind when utilizing the
statistics carried in each monthly number. Sources of
the weekly statistics are given on page 20 of the July
1932 issue of the Survey, and in somewhat more detail
on page 4 of the August 4, 1932, issue of the Weekly
Supplement to the Survey.
HISTORICAL DATA
In the 1932 Annual Supplement to the Survey of
Current Business, the statistical series presented currently are carried back on a monthly basis to 1923, and
on a yearly basis to 1913, where available. The statistics therein have been carefully reviewed and revised and
supersede those carried in the 1931 Annual Supplement
as well as those in the semiannual numbers issued prior
to 1931. The December issue contained the first major
revision of material since the 1932 supplement was
issued. A list of the series dropped, as well as of the




new data added, may be found on page 56 of this issue.
Earlier data for the new series, if published, may be
found on the indicated pages of the monthly numbers.
Since the reduction in printing funds mates it
impossible to publish the 1933 Annual Supplement,
subscribers may find it convenient to keep the March
1933 issue posted up to date with the latest revisions
and to fill in any 1932 data which were missing at the
time of publication. They will thus have a complete
1932 record in this one issue.
Monthly data prior to 1923 will be found in the early
issues of the Survey and, in the Record Book of Business
Statistics, data on textiles, metals and machinery,
fuels, automobiles, and rubber are carried back to 1909
on a monthly basis, where available. These record
books should not be used for data later than 1922, and
the monthly data should be checked against the annual
averages given in the 1932 Annual Supplement to assure
the continuity of the series and to obtain any necessary
corrections. The three parts of the Record Book may
be obtained from the Superintendent of Documents,
Government Printing Office, Washington, D.C., for 10
cents each, or 30 cents for the set.
INDEX NUMBERS
To facilitate comparisons of the movement of important series over a period of time, index numbers have
been used in numerous instances throughout the
Survey. In brief, these index numbers simply express
the current movement with relation to a fixed base—
usually the monthly average of the years 1923-25.
The construction of these index numbers is described in
brief in the annual supplement.
SEASONAL ADJUSTMENT OF INDEXES
Seasonal variations are found in most economic
series for which monthly statistics are obtainable.
Consumption and production of commodities, foreign
trade, retail trade, employment, construction, railroad
freight traffic, and many other types of data are marked
by seasonal swings repeated with minor variations year
after year. These are definitely periodic in character
within a 12-month period. In cases where an adjustment is noted for a series carried in the Survey, the
index has been corrected for the 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. Sales copies of this publication are
no longer available. Copies may be consulted in Government depository libraries.

Volume 13

AUGUST 1933

Number 8

WEEKLY DATA THROUGH JULY 22, 1933
MONTHLY DATA THROUGH JUNE

SURVEY OF
CURRENT BUSINESS
PUBLISHED BY

UNITED STATES DEPARTMENT OF COMMERCE
BUREAU OF FOREIGN AND DOMESTIC COMMERCE
WASHINGTON

CONTENTS
SUMMARIES AND CHARTS
Page
2
3
4
5
6
7
8
9
10
11

Business indicators
Business situation summarized
Comparison of principal data, 1929 to 1933
Commodity prices
,
Domestic trade
Employment.
Finance
Foreign trade
Real estate and construction
Transportation
Survey of individual industries:
Automobiles and rubber
Chemicals
Farm and food products
Forest products
Iron and steel
Textiles
«
STATISTICAL DATA
New and revised series:
Purchasing power of the dollar
Electrical goods, new orders; fire extinguishers, shipments; new
passenger car registrations; wheat flour, consumption and production; passengers carried on electric street railways; Massachusetts, employment and wages
Reconstruction Finance Corporation, loans outstanding; building costs, American Appraisal Company
Weekly business statistics




12
13
14
15
16
17

18

19
20
21

STATISTICAL DATA—Continued
Monthly business statistics:
Page
Business indexes
22
Commodity prices
23
Construction and real estate
24
Domestic trade
25
Employment conditions and wages
27
Finance
30
Foreign trade
34
Transportation and communications
34
Statistics on individual industries:
Chemicals and allied products
36
Electric power and gas
38
Foodstuffs and tobacco
39
Fuels and by-products
42
Leather and products
43
Lumber and manufactures
44
Metals and manufactures:
Iron and steel
45
Machinery and apparatus
47
Nonferrous metals and products
48
Paper and printing
49
Rubber and products
50
Stone, clay, and glass products
51
Textile products
52
Transportation equipment
54
Canadian statistics
55
Index of revisions made in December 1932 and June 1933 issues
56
General index
Inside back cover

Subscription price of the SURVEY OF CURRENT BUSINESS is 31.50 a year, which includes the 12 monthly numbers, the 1932 annual
supplement, and the 52 weekly supplements. Single copy price: Monthly, 10 cents; weekly, 5 cents; annual, 40 cents.
Foreign subscriptions, 33, including weekly and 1932 annual supplements. Make remittances only to
Superintendent of Documents, Washington, D.C., by postal money order,
express order, or New York draft. Currency at sender's risk.
Postage stamps or foreign money not accepted

SUEVEY OF CUKEENT BUSINESS

August 1933

Business Indicators
1923-25=100

INDUSTRIAL PRODUCTION

(60

INDUSTRIAL PRODUCTION

I GO

jMANUFAt ZTURES(ADJUSl ED)*
rTOTALfiDJUSTED)

^^^MWEffALS

(ADJUSTED)

100

40
I6O

FACTORY EMPLOYMENT AND PAYROLLS

200

1

I

1

IIII 11IIII 1

CONSTRUCTION CONTRACTS AWARDED
UNADJUSTED,

PAYROLLS (UNADJUSTED)

100
EMPLOYMENT(ADJUSTED)*

1 I I 11 I I I I

40

TOTAL FREIGHT CAR LOADINGS

160

160

FREIGHT CAR LOADINGS L.C.L.

{-UNADJUSTED

100

100

DEPARTMENT STORE SALES

zoo

rADJUSTED 9

WHOLESALE PRICES

160

k UNADJUSTED

vC
il
J? \ ADJUSTED*]

i

100

sFARMPRODUCTS

100
ALL COMMODITIES

1 Mill

o
VALUE OF EXPORTS

200
A

UNADJUSTED

UNADJUSTED

100

100

1

n 111

200

VALUE OF IMPORTS

200

BANK DEBITS OUTSIDE NEW YORK CITY

160

FEDERAL RESERVE MEMBER BANK LOANS*
fTOTAL

s

V -

sUNADJUSTED

\

100

°tx>ooooooP<\:

100
-"^

1
Mill

1 92 9

1930

n in li 11 n 111 n |, II1 M i l l I I I I I I
1 9 33
1 931
1 93 2

* ADJUSTED FOR SEASONAL VARIATION




* REPORTING MEMBER BANKS

>

^

ALL OTHER (COMMERCIAL)

40

1 92 9

nmlimi
1 930 1931

^X°oooat3

1

111II11II11

1 932 1 933

SURVEY OF CURRENT BUSINESS

August 1933

Business Situation Summarized
expansion in productive activity conSTEADY
tinued through the early part of July, but opera-

clined during the first half of July, and signs of revival
in this industry are still lacking. The public works
tions since have tended to level off. Output for the program, which has not yet been reflected in the concurrent month is expected to show a further increase tract figures, appears to be the major source of work
over June, in which month the index of industrial pro- for the near future.
duction was at the highest point reached since the
Indexes of distribution indicate a continuation of the
middle of 1930, and was at 89 percent of the 1923-25 lag in consumer purchasing. Department-store sales
average, compared with a low of 60 in March.
in June were off by slightly less than the usual seaSteel ingot production reached a peak at 56 percent sonal amount, and the improvement in chain-store sales
of capacity in the second week of July, following which was not pronounced. Loadings of l.c.l. merchandise in
operations showed a tendency to sag. Automobile June declined, although by less than the seasonal
production has held up well, and output in the first 3 change, and it was not until July that weekly loadings
weeks of July was maintained at a rate comparing in this class exceeded those of a year ago. Total carfavorably with June. Electric-power production has loadings have recently topped those of last year by
eased off after reaching a high.in the final week of June, about 30 percent.
although the output remains considerably in excess of
Employment opportunities were enlarged in June,
a year ago and reflects a continuation of a high rate of and there was a further estimated reduction of 500,000
industrial activity. Lumber production has expanded in the number of unemployed. Pay rolls increased
steadily. Incoming business in a number of the major during that month more rapidly than did employment.
industries has decreased during the current month, Business activity expanded further between mid-June
partly as a result of delayed seasonal influences.
and mid-July, and additional gains in employment
The high rate of operations in the consumer goods and pay rolls are expected for the current month.
industries is revealed by the June indexes of producThe upward trend of dollar prices was extended in
tion which are expressed as a percentage of the 1923-25 July. In the third week there was a major break in
average as follows: Textiles, 133; tobacco manufac- prices on the stock and commodity exchanges. The
tures, 135; food products, 101; and leather and shoes, general level of prices continued to move forward de108. While the heavy industries are operating at a spite this development. Bond prices have maintained
lower rate, the increase in most of these has been rela- a firm tone. The dollar dropped to a discount extively large. Construction contracts awarded de- ceeding 30 percent.

MONTHLY BUSINESS INDEXES
Factory em
ployment
and pay rolls

Industrial production
Unadjusted l

Adjusted <

Department
Foreign
store sales, trade, value,
value
adjusted 2

Freight-car loadings
Merchandise, l.c.l.

Total

t5

Year and month

1

r

s

is

I

3

ii

f
CO

il

2

June
Monthly average, January through June:
1931
1932
1933




j!
•3

GO

3

Monthly
average.
1926=100

Monthly average, 1923-25=100
1930: June
1931: June
1932:
June....
July
August
September
October
November
December
1933:
January
February
March
April
May

33

99
83

98
83

103
86

98
83

97
82

102
87

89.7
76.0

90.7
67.6

95
77

93
77

98
89

98
89

98
92

103
96.

87
55

82
57

124.8
98.4

86.8
72.1

59
56
59
68
68
65
60

59
55
58
66
66
63
58

61
62
66
73
80
78
72

59
58
60
66
66
65
66

58
57
59
65
65
64
64

63
64
65
70
74
75
76

60.0
58.3
58.8
60.3
61.1
61.2
60.6

42.6
39.6
40.1
42.1
43.5
41.8
40.9

52
51
53
61
65
58
52

52
51
51
54
57
57
58

71
68
68
72
72
70
64

71
69
68
69
69
68
69

66
46
49
71
75
73
106

69
65
65
68
69
63
60

34
32
31
33
33
32
33

36
27
29
32
32
32
30

65.4
63.4
59.6
59.6
62.6
55.4
65.0

63.9
64.5
65.2
65.3
64.4
63.9
62.6

64
65
61
68
79
89

63
63
59
68
79
90

71
76
74
65
76
80

65
64
60
67
77
89

64
62
57
66
77
90

73
79
81
72
78
83

59.4
59.4
56.6
57.7
60.6
64.8

39.2
40.0
36.9
38.6
42.0
45.9

51
51
48
51
56
60

56
54
50
53
56
60

65
64
63
65
68
67

69
66
62
63
67
66

49
49
50
68
67
63

60
60
57
67
67
66

31
29
28
29
32
36

29
26
26
25
32
40

61.1
52.7
48.7
53.8
58.3
65.7

61.0
59.8
60.2
60.4
62.7
65.0

87
66
71

87
65
70

84
71
74

77.6
64.8
59.8

71.6
49.3
40.4

76
56
53

61
39
31

56
38
30

99.4
69.5

75.2
65.6

56.7

61.5

i Adjusted for number of working days.

89
74
65

91
68
58

' Adjusted for seasonal variation.

SURVEY OF CURRENT BUSINESS

August 1933

Comparison of Principal Data, 1929 to 1933
\ FIRST 6 MONTHS

V//////////A

REMAINDER OF KEAR

BANK DEBITS OUTSIDE NEW YORK CITY - (BILLIONS OF DOLLARS)
50

[00

150

200

250

300

350

Y///////////////////////////A
'

'

'

'

\

I

CONSTRUCTION CONTRACTS AWARDED-(BILLIONS OFDOLLARS)
5
6
7
2
3
4i

b

ri

IEHy
BBB




Y////////A
'A
wpmmmmv//////////////.

H H H • • • H I wmmm

STEEL INGOT PRODUCTION - (M/LLtONS OF TONS)
lo

10

20

30

40

50

60

70

1933 ^ M | M |

l932EBi^^
1931 • • • • • •

i

19 29 ^ • ^ • ^ ^ • • ( • I ^ K ^ ^ ^ ^
AUTOMOBILE PRODUCTION- (THOUSANDS OF CARS)
lo

IOOO

2000

4000

3000

W//////////X

f

V/////////A

1929 • • • • • • l ^ l ^

• • • K M y/////////////7/////////^^
i

^

i

FREIGHT CAR

1933b1

io

•••••••
1

1

5000

20

- (MILLIONS OF CARS)
30

40

1

1932 ^aKat^m^ttm^/^/////^//////^//A
193! iBK^BK^KB^Bak///////////////////////
Y//////{//////^
Y///////{//////A
'////////////A y/////////////^
i
i
i
i —

1930 ! • • • • • • • • • •

)929hlHriHHiHHiBH

50

SURVEY OF CURRENT BUSINESS

August 1933

Commodity Prices
continued to move upward during June
PRICES
and the first 3 weeks of July. During the early
part of the current month the movement was rapid.
In the week ended July 15 the Bureau of Labor
Statistics index of wholesale prices advanced 2.5
percent, an unprecedented rise for this index over so
short a period. The index has risen to approximately 70 percent of the 1926 average, compared
with the low of 59.6 reached last March.
Sensitive commodity prices rose rapidly during the
first 2 weeks of July, and Moody}s index by July 17
had risen 89 percent above the low of the year. Following the attainment of this peak, prices of these
more volatile commodities, led by the grains, dropped
sharply. Moody's index in 4 days declined 10 percent. Wheat prices, in a very sharp reaction, fell off
about 30 cents a bushel in the futures market. The
Chicago Board of Trade suspended trading on the
exchange on July 21 and 22, and when trading was
resumed on the 24th it was with the restriction ordered
by the Government that sales would not be permitted
below the closing prices of July 20.
The rise of 3.7 percent in the Bureau of Labor Statistics index of wholesale prices during June was
followed by a further increase of 5 percent in the 3
weeks ended July 22. June was the first month since
1929 that the index showed an increase over the cor-

responding month of the preceding year. By the
week ended July 22 the index had advanced 8 percent over the same week of 1932.
All of the major groups shared in the rise in June,
and with eight exceptions all of the subgroups. In
only three subgroups, livestock and poultry, anthracite, and mixed fertilizers, was there a decline. The
June advances were most pronounced in the textile,
farm, and food groups. Contributing to the rise in
the textile group was a 21 percent increase in silk and
rayon, a 16 percent increase in cotton goods, and a 12
percent rise in woolen and worsted goods. The hide
and leather group is now the highest with relation to
the 1926 average. The sharp rise in May and June
was extended in July, so that in the week ended July
15, the index for this group was above 85 percent of
the average in the base period.
Farm prices in June extended the gains of the preceding 3 months, and up to the middle of July there
were further sharp increases in a number ofjjfarm
staples. Grain prices were up substantiallyj from
mid-June to mid-July, although prices on the futures
exchange dropped precipitously in the third week.
The cost-of-living index moved upward for ^the
second successive month and in June was at 72.8
percent of the 1923 average, an increase of 1.8 percent in 2 months.

INDEXES OF COMMODITY PRICES
Wholesale (Department of Labor)
Groups

Economic classes

Year and month

Retail

If

51

I!

June

Monthly
January
June:
1931
1932
1933

it

Bs

11 si?

Dec.
Mo.
Mo.
Mo.
1930
average average
average
1909
to
(Jan.
1,
1923 =
1913 =
1914=
1931)=
100
100
100
100

Monthly average 1926=100 >

1930: June
1931: June
1932:
June
July
August
September
October
November
December
1933:
January
February
March
April
May

ii

88.4
76.0

84.9
64.7

81.7
69.3

88.9
65.4

78.7
56.0

90.8
73.3

74.1

79.4

78.9 102.4
62.9 88.0

93.4
86.4

91.9
84.4

78.4
69.7

96.5

71.3

89.9
79.3

81.6

72.1

123
80

148
118

63.9
64.5
65.2
65.3
64.4
63.9
62.6

70.0
70.5
70.7
70.4
69.6
69.3
68.4

53.2
54.7
55.7
56.2
54.6
54.2
52.1

57.6
55.5
57.9
60.7
60.7
58.9
57.7

45.7
47.9
99.1
49.1
46.9
46.7
44.1

37.7
36.7
38.2
37.4
34.4
33.2
31.7

58.8
60.9
61.8
61.8
60.5
60.6
58.3

56.0
62.0
61.9
60.9
56.4
53.7
49.4

70.1
69.7
70.1
70.4
70.2
69.8
69.0

70.8
69.7
69.6
70.5
70.7
70.7
70.8

73.1
73.0
73.3
72.9
72.7
72.4
72.3

71.6
72.3
72.1
70.8
71.1
71.4
69.3

70.8
68.6
69.7
72.2
72.8
71.4
69.6

74.7
74.0
73.6
73.7
73.7
73.7
73.6

79.9
79.2
80.1
80.1
80.3
79.6
79.4

52.7
51.5
52.7
55.6
55.0
53.9
53.0

64.2
64.3
64.6
64.7
64.1
63.7
63.4

77.2
77.0
76.8
76.6
76.1
75.6
75.1

52
57
59
59
56
54
52

100
101
101
100
100

61.0
59.8
60.2
60.4
62.7
65.0

66.7
65.7
65.7
65.7
67.2
69.0

50.2
48.4
49.4
50.0
53.7
56.2

56.9
56.3
56.9
57.3
61.3
65.3

42.6
40.9
42.8
44.5
50.2
53.3

32.9
32.7
36.0
44.8
52.8
57.4

55.8
53.7
54.6
56.1
59.4
61.2

49.5
50.2
50.5
50.3
52.3
53.4

67.3
66.0
65.8
65.3
66.5
68.9

70.1
69.8
70.3
70.2
71.4
74.7

71.6
71.3
71.2
71.4
73.2
73.7

66.0
63.6
62.9
61.5
60.4
61.5

68.0
68.1
69.4
76.9
82.4

72.9
72.3
72.2
71.5
71.7
73.4

78.2
77.4
77.2
76.9
77.7
79.3

51.9
51.2
51.3
51.8
55.9
61.5

61.2
59.2
58.9
57.8
58.9

73.7
72.1
71.8
71.5
72.1
72.8

51
49
50
53
62
64

75.2
65.6
61.5

78.8
71.1
66.7

68.7
55.7
51.3

71.7
60.2
59.0

69.4
49.2
45.7

59.5
43.5
43.8

76.6
61.4
56.8

79.9
59.2
50.9

76.6
70.9

81.6
72.7
71.1

82.0
74.6
72.1

68.0
69.4
63.7

87.7
75.5
73.3

87.6
76.3
72.3

85.8
80.6
77.8

69.1
56.7
53.9

71.2
64.7
59.5

88.5
79.2
72.3

92.0
75.1
74.0
73.6
73.6
73.3
72.6
71.8
71.1
69.9
69.7
69.4
70.4
72.3

average,
through




125
104
93

94.9
78.5
70.5

6

SURVEY OF CURRENT BUSINESS

August 1933

Domestic Trade
TATISTICS covering the movement of goods into
S
the hands of consumers still indicate a considerable
lag as compared with the production gains. Such

The movement of package freight as indicated
by the l.c.l. loadings declined fractionally in June,
although the recession was less than is normally eximprovement as has occurred has been largely of a perienced during the month. The adjusted index
negative character in that the decline has been halted moved upward one point to reach the highest level
and, owing to the sharp losses experienced a year ago, since January of this year. June loadings in this
the comparison with the period 12 months earlier has class were 6 percent below a year ago, but in the first
improved. Retail sales in June barely held to the half of July l.c.l. loadings passed last year's figures
May totals, and current reports indicate that there and were 2.2 percent higher for the latest week
has been some recession in July. The dollar volume reported.
of sales is still lower than last year, although the
Advertising linage was in a slightly reduced volume
volume is slightly higher.
during June, following the customary seasonal trend.
Department-store sales declined by less than the Advertising in magazines declined 9 percent, the first
normal seasonal amount in June, and the adjusted recession since last December. The current rate is
index advanced to 68 percent of the 1923-25 average. still considerably under last year, and the monthly averThe June index was 3 percent below the same month age for the first half of 1933 was 20 percent below the
in 1932. As prices during the month were off by a comparable period a year ago. Newspaper advertislarger percentage in comparison with a year ago, the ing was well maintained and was only fractionally
volume of sales was higher than in June 1932. Pre- lower than in May.
liminary data on chain stores indicate a slight improveCommercial insolvencies have decreased in each
ment over May. This is in accordance with the usual month during the first half of 1933. Total failures for
change for the month.
June were 14 percent below May and 39 percent under
Sales of merchandise by mail-order houses, includ- June of 1932. The same general downward moveing sales through their retail stores, continued the ment has occurred in the liabilities of insolvent conincrease wThich has been in force since February, cerns, and the June total showed a decline of 54 peralthough the June increase was only 3 percent. Sales cent from June of last year.
for the month were 2 percent below June of last year,
Postal receipts for June were again higher than the
and for the first half of 1933 average monthly sales were same month in 1932. The general level of collections
11 percent below the comparable period a year ago.
has remained fairly constant since the first of the year.

DOMESTIC TRADE STATISTICS
Departmentstore sales

Year and month

Unad- Adjust- justed 1 ed 2

Freight-car
Department-3 loadings,
merstore stocks
chandise l.c.l.

Unad- Adjust- justed
ed 2

5- and 10-cent
(variety) store
sales

Combined
index
(20 companies) Unad- Adjusted justed

Unad- Adjust- justed 2
ed

June

Monthly average, January through June:
1931
1932
1933




Number
3,016
3,166

54, 356
49, 480

27,956
26, 442

2,026
1,993

63,131
51, 656

3,728
3,104

127
118
118
123
142
130
226

138
135
127
135
133
129
117

39,889
32,073
33, 777
39,156
45, 423
41, 281
51, 556

22,006
23, 789
23,851
25, 770
26, 711
26,109
33,097

2,688
2,596
2,796
2,182
2,273
2,073
2,469

76,931
87,190
77,031
56,128
52,870
53, 621
64,189

2,135
1,103
928
987
1,246
1,364
1,252

3,107
2,534
2,909
2,661
2,592
2,458
2,681

65
64
63
65
68
67

100
103
110
129
126
125

135
138
121
140
130
137

26, 958
26,176
27, 554
35,365
37, 778
38,986

24, 674
22, 559
24,422
23,810
24, 393
24,988

2,919
2,378
1,948
1,921
1,909
1,648

79,101
65, 576
48, 500
51,098
47, 972
35,345

1,266
1,584
1.791
1,910
1,922
1,746

3,307
2,839
2,674
2, 665
3,373
2,933

89
74
65

143
128
116

45, 920
36,144
33,136

28, 216
24,158
24,141

2,518 61, 750
2,906 89, 548
2,121 54, 599

2,949
2,128
1,703

3,163
3,081
2,965

93
80

96
82

98
89

66
46
49
71
75
73
106

69
65
65
68
69
63
60

65
59
59
63
67
69
56

67
64
61
60
61
61
60

71
68
68
72
72
70
64

49
49
50
68
67
04

60
60
57
67
67
68

52
54
55
55
56
56

58
56
53
53
55
57

i Corrected to average daily sales.

dollars

161
162

103
96

83
69
55

Thou- MilNum- Thousands lions of
ber ofsands
dolls. of lines lines

Thousands of

142
148

98
92

91
68
5S

Advertising
linage

Business
incorporations,
Fail- Liabil- Maga- News4
ities
zine paper States

Mail
Postal
order receipts,
and
50 sestore
sales, 2 lected
cities
houses

Avg. same Monthly avermo. 1929- age 1923-25=
100
31 = 100

Monthly average, 1923-25=100

1930: June
1931: June
1932:
June
July
August
September
October
November
December
1933:
January
February
March
April
May

Commercial
failures

Chain-store sales

84

2

Adjusted for seasonal variation.

3

End of month figures.

81

SURVEY OF CURRENT BUSINESS

August 1933

Employment
improvement in the employment situaGENERAL
tion in June was reflected in both manufacturing
and nonmanufacturing industries. Production was
higher in the middle of July than a month earlier, and
statistics of employment and pay rolls for the current
month are expected to show further improvement.
Unemployment has been substantially reduced, although the number out of work in July was still in
excess of 11,000,000, according to the estimates of the
American Federation of Labor.
Since March, when the indexes touched the low
point of the depression, factory employment has increased 13 percent, while pay rolls have expanded 24
percent. June was the first month since 1929 that
these indexes have exceeded the figures for the corresponding period in the preceding year. For employment, the gain over a year ago was 8.5 percent and for
pay rolls 7.7 percent, according to the Federal Reserve
Board indexes. Average employment in the first half
of 1933 was 7.5 percent less than in the same period
of 1932, while pay rolls were 18 percent lower.
Of the 89 manufacturing industries reporting to the
Bureau of Labor Statistics, 79 reported an increase in
number of workers and 80 reported larger pay-roll
totals in June than in May. Employment and pay
rolls in all of the major groups were higher than in
the preceding month. The largest relative increases
in employment were in the iron and steel, machinery,
textile, lumber, cement, clay and glass, nonferrous
metals, and rubber products groups. While pay-roll
increases were generally wider than the employment

gains, in no major group was the pay-roll total in
June more than two thirds of the 1923-25 average.
Employment gains were also general among the nonmanufacturing industries, and only 2 of the 16 reporting groups showed decreases for the month. In one
of these, the anthracite industry, the reduction was
smaller than usual for the month and for the other
the reduction was only 1.3 percent. The other groups
reported increases of from 0.1 to 22 percent, the latter
being the seasonal rise in the canning and preserving
industry. The important retail-trade group showed
an increase of 1.7 percent. Higher pay rolls were reported for 11 of the nonmanufacturing industries, and
the declines in 4 other groups were fractional.
Plans have been pushed rapidly under the provision
of the National Industrial Recovery Act to speed
reemployment and to expand workers7 income. Up
to this time, July 25, only one code has been put in
force. That applied to the textile industry, and its
provisions are briefly outlined on page 17. Pending
the formulation of codes for other industries the
President called for voluntary cooperation from all
industries to raise wages and establish a minimum
scale, to eliminate child labor, and to agree not to
raise prices except to the extent made necessary by
the actual rise in costs.
Average weekly earnings in manufacturing industries increased in June for the third successive month.
Efforts to raise the hourly wages have been slow in
yielding results. In June the rate was only slightly
changed from the depression low.

STATISTICS OF EMPLOYMENT, PAY ROLLS, AND WAGES
Factory employment
and pay rolls, F.R.B.
Employment
Year and month

Pay
rolls

Nonmanufacturing employment and pay rolls
Anthracite
mining

EmUnad- Ad- Unad- ployjusted justed justed ment

Pay
rolls

Bituminous
coalmining
Employment

Monthly average,
1923-25=100
1930: June
1931: June
1932:
June
July
August
September
October
November
December
1933:
January
February
March
April
May
June
Monthly, average,
January through
June:
1931
1932
1933




Pay
rolls

Wages

TradePower, light,
Telephone
union
Factory 2
and telegraph Retail trade
and water
members em- Aver- Aver- Common
ployed age
EmEmEmage
ploy- Pay
ploy- Pay
ploy- Pay
weekly hourly labor
ment rolls ment rolls ment rolls
earn- earnings ings
Percent
of total
members

Monthly aver age, 1929 = 100

m

Dollars

Cents
per
hour

88.8
75.0

89.7
76.0

90.7
67.6

90.8
76.1

94.3
66.7

88.4
78.4

75.6
52.4

104.6
97.2

107.8
98.3

99.8
86.9

103.4
95.0

93.9
89.1

87.6

26.26
23.07

.589
.567

40
37

59.1
57.2
58.6
61.5
62.0
60.9
59.6

60.0
58.3
58.8
60.3
61.1
61.2
60.6

42.6
39.6
40.1
42.1
43.5
41.8
40.9

53.0
44.5
49.2
55.8
63.9
62.7
62.3

37.4
34.5
41.4
47.0
66.7
51.0
56.2

60.5
58.6
59.4
62.4
67.0
69.4
70.0

27.3
24.4
26.4
30 2
37.8
38.0
37.7

83.2
82.3
81. 5
81.0
79.9
79.1
78.4

80.5
78.7
76.7
74.7
74.4
73.2
73.2

79.9
79.1
78.1
77.4
76.2
75.5
74.8

' 82.1
79.6
79.1
75.9
75.7
74.3
73.5

79.4
74.6
72.6
77.8
81.3
81.7
95.2

68.2
63.3
60.7
64.6
67.1
66.9
73.6

16.24
15. 43
15.35
16.23
16.86
16.84
16.37

.500
.489
.487
.479
.474
.468
.467

33
32
32
32
32
32
32

58.1
59.2
56.7
57.8
60.0
64.1

59.4
59.4
56.6
57.7
60.6
64.8

39.2
40.0
36.9
38.6
42.0
45.9

52.5
58.7
54.6
51.6
43.2
39.5

43.2
56.8
48.8
37.4
30.0
34.3

69.8
69.3
67.6
63.7
61.2
61.3

36.1
37.2
30.7
26.6
26.9
29.2

77.7
77.4
76.9
76.9
76.9
77.3

73.0
71.6
71.9
69.4
69.9
69.9

74.6
73.9
73.2
72.3
70.1
69.2

71.7
71.9
71.6
67.8
68.5
66.6

76.9
73.4
71.4
78.6
77.0
78.3

62.7
58.4
55.1
60.4
59.5
60.5

16.21
16.13
14.56
15.39
16.71
18.49

.464
.460
.460
.453
.452

71.6
49.3
40.4

84.0
68.5
50.0

80.1
57.9
41.8

86.8
70.3
65.5

62.0
38.8
31.1

97.6
85.7
77.2

99.2
84.5
71.0

88.5
81.4
72.2

95.5
85.9
69.7

89.0
81.4
75.9

87.9
72.9
59.4

23.74
18. 02
16.25

.573
.517
.460

77.0
64.1
59.3
1

Adjusted for seasonal variation.

2 National Industrial Conference Board.

66

32
32
32
33
33

36
33

8

SURVEY OF CURRENT BUSINESS

August 1933

Finance
ONDITIONS in the financial markets during
C
June and the first half of July were featured by
(1) a steady decline in the exchange value of the dollar,
(2) continued gains in security prices, (3) a further
decline in money rates, and (4) a sharp decline, during
the second half of June, in the demand deposits of
New York banks.
The temporary improvement in the dollar quotations abroad about the middle of June was followed by
a rapid decline which brought it to a discount of
roughly 30 percent by the end of the third week of
July.
Due apparently to reported gains in business and
influenced by the exchange value of the dollar, stock
prices registered steady gains during the first half of
June. On the whole, the gains continued during the
second half of the month but prices fluctuated much
more. The upward movement, with a heavy volume
of trading, featured the July markets until the middle
of the third week when a sharp reaction set in and
liquidation assumed the proportions of late 1929.
Bond prices also made substantial gains during the
period under review. United States Government
issues and other high-grade bonds showed a more or
less steady advance during June, but during July
attention centered more on the speculative issues.
New State and municipal issues in June aggregated
approximately twice the May total while new corporation issues were virtually nil.
Loans and investments of reporting member banks
tended upward during the period reviewed. Shifts

in member bank portfolios during June were materially
influenced by the quarterly Treasury operations and
by the effect of that section of the Banking Act of
1933, which prohibits the payment of interest on
demand deposits. This provision was presumably
responsible in large part for a sharp decline in the
demand deposits of New York banks during the second
half of the month. In effect, security and acceptance
holdings took the place of bank deposits among
corporations and individuals.
A great part of the funds involved in the shift had
come to New York from other cities. Nevertheless,
there was no shortage of funds owing to the continued
return flow of hoarded currency, further purchases of
Government securities by the Federal Reserve banks,
and the disbursement, during the second half of the
month, of Treasury funds. These operations, in fact,
increased the excess reserves of the member banks and
aided in reducing short-term money rates almost to
the recent record low levels.
Total Federal Reserve credit showed little net change
during June, but individual items changed materially.
The banks employed a part of the funds received from
the return flow of currency and from the reserve banks'
open-market purchases to reduce their borrowings.
The decline in the deposits of New York member banks
reduced their reserve requirements and aided the
reduction in reserve borrowings. Reserve bank purchases of Government securities continued throughout
June and July, although after the middle of the latter
month the rate of purchases slackened.

CREDIT AND BANKING STATISTICS
Bank debits

Year and
month

New
York
City

Outside
New
York
City

Reporting member
banks, Wednesday
closest to end of
month
Loans
AH
on
securi- other
loans
ties

Investments

Condition of Federal Reserve banks, end of
month

Total
banker's acReserve bank credit outstanding
ceptMem- ances
ber
outbank standBills United
Total
States deposits
Bills bought
reserve
ing*
disacin the GovernTotal countend of
ment
count
open
month
ed
market securities

Net

gold
imPostal
Deports
Savings*
inMoney posits,
balNew
in
cluding
York ance to
circu- State
.gold
credit
lation savings of dereleased
banks positors
from
earmark *
Thousands of
dollars

Millions of dollars

1930: June
1931: June
1932:
June
_.
July_
August
September.
October. _.
November.
December.
1933:
January...
February..
March
April
May

June




29,001
25, 893

23,107
19, 406

8,435
6,745

8,525
7,946

6,120
7,795

1,018
943

272
149

128
106

591
668

2,455
2,504

2,389
2,381

1,305
1,368

15.9
156.1

4,489
4,750

4,559
5,156

175,272
347,417

14, 202
12, 728
13,458
14,163
12, 944
9,815
13,967

12, 901
12,511
11, 756
11, 767
12, 354
10, 935
12,820

4,745
4,631
4,512
4,521
4,311
4,288
4,315

6,518
6,365
6,284
6,185
6,130
6,125
5,982

7,491
7,700
7,743
8,201
8,585
8,589
8,507

2,310
2,439
2,331
2,233
2,227
2,202
2,145

440
538
433
332
328
309
235

67
43
34
33
34
35
33

1,784
1,841
1,852
1,854
1,851
1,851
1,855

2,028
2,158
2,241
2,312
2,446
2,484
2,561

1,982
2,052
2,146
2,225
2,383
2,411
2,509

747
705
681
683
699
720
710

-234.8
52.8
106.6
100.2
66.4
70.3
171.9

5,530
5,752
5,720
5,685
5,643
5,643
5,699

5,282
5,253
5,243
5,282
5,271
5,265
5,314

784,820
828, 549
847, 421
858,720
870, 823
884, 297
900, 796

12, 413
12,036
12, 454
12,012
13,977
16,743

12,053
10, 401
9,608
10, 612
11, 509
12,969

4,259
4,234

5,907
5,393

8,559
8,196

/ 4,155
/ 4,172
/4,211

/ 5, 472
/ 5, 549
'5,470

'8,570
/ 8, 632
/8,927

2,077
2,794
2,572
2,459
2,218
2,220

274
582
426
435
302
164

31
336
305
171
20
48

1,763
1,866
1,838
1,837
1,890
1,998

2,554
2,236
2,133
2,380
2,394
2,494

2,446
2,141
1,949
2,132
2,167
2,292

707
704
671
697
669
687

37.0
-169. 4
—113.3
23.7
1.0
0.3

5,631
5,892
6,998
6,137
5,876
5,742

5,317
5,269
5,220
5,164
5,113
5,130

942, 519
1,006,185
1,112, 715
1,158,416
1,178,342
1,184,948

1

Net exports indicated by (—).

/ Estimated on basis of new report covering 90 cities; old report covered 101 cities.

SURVEY OF CUREENT BUSINESS

August 1933

Foreign Trade
OREIGN trade in June again showed a relatively
Flarge
increase in dollar value as compared with the
preceding month, which was contrary to the usual
seasonal trend. The totals for both exports and imports exceeded those of the corresponding period of
the preceding year for the first time since the latter
part of 1929. The rise in imports amounted to 14 percent as compared with 5 percent for exports, and there
was an unfavorable merchandise balance for the month
of $2,500,000. The adjusted index of exports has
advanced from the low of 28 percent of the 1923-25
average in March to 36 percent in June, and the import
index has moved up from 25, the low in April, to 40.
The June indexes represented the highest points
reached in exports and imports since May and February, respectively, a year ago.
Although foreign trade in many leading commodities, particularly crude materials and semimanufactures, increased in quantity during June, a considerable
part of the gain in value was due to the advance in
dollar prices. Increases in unit prices of some of the
leading export commodities from May to June were as
follows: Meat products, 10.2 cents to 11.5 cents; unmanufactured tobacco, 11.8 cents to 14.1 cents; unmanufactured cotton, 8.0 cents to 8.7 cents; and copper, 6.5
cents to 7.3 cents. For imports some of the increases
were: Hides and skins, 9.2 cents to 10.6 cents; coffee, 7.9
cents to 8.3 cents; crude rubber, 2.9 cents to 3.5 cents;
raw silk, $1.16 to $1.39; and tin, 26 cents to 33 cents.
Among the exports, raw cotton showed the principal
gain in value. Quantity shipments were 3 percent

larger than in May while the value increased over
$3,200,000, or 12 percent. Exports of meats, barley,
cotton cloth, coal, crude petroleum, gasoline, and copper were also larger in quantity. On the other hand,
quantity shipments of lard, leaf tobacco, lumber, fuel
oil, and passenger automobiles dropped below those in
May. Exports of rubber manufactures and machinery
continued at about the same level as in the preceding
month.
In import trade, the increases during June were
primarily in our purchases of crude materials and semimanufactures, notably in tin, raw silk, lumber, hides
and skins, wood pulp, nickel, raw cotton, pulpwood,
ferromanganese, aluminum metal, and unmanufactured wool. These ranged from 19 percent for tin to
243 percent for unmanufactured wool. Imports of
hides and skins were the largest for any corresponding
period in 3 years and tin imports, the largest since
March 1931. Quantity imports of cocoa, flaxseed,
vegetable oils, burlaps, copper, fertilizers, and crude
iodine were also larger than in May. Imports of coffee,
tea, sugar, crude rubber, tobacco, cotton cloth, newsprint, and diamonds showed a decline.
The higher values of our foreign trade in June, as
compared with a year ago, represented primarily
larger shipments of industrial crude and semimanufactured materials in both directions. Nonmetallic
mineral exports (mainly petroleum products) declined
$4,800,000 from June 1932, while imports in the same
group, the principal item being petroleum and products, fell off $8,000,000.

EXPORTS AND IMPORTS
Exports of United States merchandise

Indexes
Exports,
inTotal Total
imexcludports,
ports,
ing
Tear and month
adadreexjusted i justed^ ports

Crude materials
Total
Total

Raw
cotton

Foodstuffs

Total

SemiFruits manand
ufacprep- tures
arations

Monthly average 1923-25=100
1930: June
1931: June
1932:
June
July
August
September
October
November
December
1933:
January
February
March . . .
April....
May
June
Cumulative, January
through June:
1931
1932_
1933




AutomoMa- biles,
Total chin- parts,
and
ery
accessories

Total

FinCrude Food- Semiished
m a n - manmaterials stuffs ufactures ufactures

Millions of dollars

87
55

82
57

294.7
187.1

289.9
182.8

37.5
29.1

15.7
13.5

40.7
28.7

5.0
5.7

47.2
27.5

164.6
97.6

42.3
28.0

21.1
12.9

250.3
173.5

76.6
52.4

60.2
47.2

51.7
29.7

61.8
44.2

34
32

36
27
29
32
32
32
30

114.1
106.8
108.6
132.0
153.1
138.8
131.6

109.5
104.3
106.3
129.4
151.0
136.4
129.0

24.2
27.6
29.7
47.4
60.5
55.3
52.2

13.4
15.9
18.1
32.1
40.0
38.5
39.0

18.0
15.6
17.3
20.4
25.2
19.9
16.0

3.7
4.3

14.7
14.1
12.9
15.9
16.9
14.6
15.7

52.5
47.0
46.3
45.9
48.4
46.6
45.0

10.3
9.6
9.0
9.1
11.6
10 2
9.7

6.3
6.2
5.1
4.9
5.0
4.4
5.1

110.3
79.4
91.1
98.4
105.5
104.5
97.1

29.6
19.5
22.2
27.3
27.2
27.8
28.7

32.8
26.3
29.2
31.3
33.5
32.0
28.2

18.5
11.9
15.1
14.6
16.7
16.6
16.7

29.4
21.8
24.6
25.3
28.1
28.1
23.4

29
26
26
25
32
40

120.6
101. 5
108.0
105.2
114.2
119.8

118.6
99.4
106. 3
103.1
111.9
117.5

42.3
31.8
29.4
28.6
35.0
40.2

29.7
20.6
18.1
16.9
26.1
29.3

16.2
12.8
13.4
11.3
13.0
13.4

2.9

15.8
13.2
16.5
15.3
17.6
18.2

44.3
41.5
47.0
47.9
46.2
45.7

9.2
8.5
9.4
8.8
9.1
9.3

6.5
6.3
6.9
7.4
7.4
7.0

96.0
83.8
94.9
88.4
106.9
122.3

27.2
21.1
23.6
21.1
24.9
34.3

30.7
30.0
33.6
32.8
40.0
36.9

16.2
13.6
14.8
13.5
18.3
27.8

21.9
19.1
22.9
20.9
23.6
23.3

2
56 1, 316. 0 1,289.6
840.0
819.7
2 38
669.3
656.8
2 30

268.4
240.9
207.3

147.9
161.7
140.7

184.3
127.2
80.1

49.0
32.5
21.9

181.8
106.7
96.6

655.0
345. 0
272.6

196. 2
72.4
54.4

94.6 1,107.2
746.8
45.6
592.3
41.7

341.6
205.7
152.2

293.2
226.5
204.0

201.6
125. 3
104.2

270.8
189.3
131.7

31
33
33
32
33
31

29
28
29
32

36
2 61
2 39
2 31

1

3583—33

General imports

Finished manufactures

Adjusted for seasonal variation.

5.4
9.6
12.2
7.9
4.8
4.6

3.8
3.9
2.9
3.8

2

Monthly average.

10

SURVEY OF CUERENT BUSINESS

August 1933

Real Estate and Construction
in the construction industry have
CONDITIONS
undergone little change for the better up to this

$53,000,000 volume for February, the low month of
the year.
Nonresidential building increased to $50,774,000 in
time. Contracts awarded during the first half of Julywere at the rate of $3,588,000 per business day, which June which was a $27,217,000 increase from the low
was lower than the average for the month of June. yolume for the year of $26,967,000 reported in April.
All classes showed declines on a daily average basis The volume of public works and utility awards inin the early part of the current month, the loss being creased approximately $11,000,000 from $13,600,000
in April to $24,400,000 in June. Residential building
greatest in the nonresidential group.
Public works and utility contracts have not yet awards also increased to $27,800,000. June, thereby,
reflected the effects of the public works program to became the first month of 1933 to show a volume of
be undertaken as a result of the $3,300,000,000 made residential building exceeding the monthly average of
available by Congress. A major program of this $27,100,000 for the first half of 1932.
nature moves slowly, although an important part of
Prospects of higher prices, along with the increase
the funds have been allocated and it is looked to as of construction activity, have stimulated wholesale and
an important stimulating factor.
retail lumber dealer buying. The volume of oak floorThe Far West led in public works awards in June ing shipments has almost doubled in two months.
with a substantial sum allotted to waterworks, chiefly Maple flooring shipments have also approximately
the Colorado River aqueduct tunnels. The Middle doubled in the same period. Shipments of cement
Atlantic States, on the other hand, led in volume of have more than doubled in four months, increasing
private construction awards. Industrial buildings from 2,278,000 barrels in February to 7,979,000
accounted for over 60 percent of private awards and barrels in June.
Employment in the building industry was 6 percent
waterworks and streets and roads over 75 percent of
higher in June than in May, and pay rolls increased
public awards.
Volume of construction awards slowed down some- 4.4 percent. The amount of reemployment furnished
what in the second half of June from their high point by the recent rise in activity has not been large. The
the first half of the month. Totals for the entire building trades report that 66 percent of their membermonth, however, were the largest for any month ship was unemployed in June and that an additional
of 1933. Construction awards in June totaled 16 percent was on part time. A year ago, 62 percent
$103,000,000, which was $50,000,000 larger than the was unemployed and 15 percent on part time.

BUILDING MATERIALS, CONSTRUCTION, AND REAL ESTATE
Building material
shipments

Construction contracts awarded

Year and month

F.R.B.
index
adjusted i

All types of
construction

Residential
building

Public works
and utilities

Explosives,
new
Oak
Ceorders Maple
floor- floor- ment
ing
ing

Monthly
MilMilThou- MilMil- sands
MilThou- Thousands of Thouof lions
average lions of lions
of squareof lions of sands of
of lions
sands of
feet, board
square
1923-25= square
dollars
dollars
barrels
dollars
pounds
measure
feet
feet
100
feet
1930: June
1931: June
1932:
June
July
August
September
October
November
December
1933:
January
February
Mnrch
April
May
June
Monthly average, January
through June:
1931
1932
1933
1

48.2
33.7

601
316

20.8
16.9

12.3
14.4
13.9
13.5
11.0
12.1

113
129
134
128
107
105
81

8.5
7.4
9.9
10.9
15.3

14.0
11.4

322.8
140.8

33.005
26, 719

106
265
205
243
138
543
181

50.1
60.0
64.2
68.7
58.5
54.2
43.3

14,319
14,473
17,607
20, 867
22, 122
19, 074
17, 998

12.0
11.8
16.0
19.1
26.5
27.8

832
148
117
85
400
730

42.7
17.2
17.6
13.6
19.0
24.4

17,129
15,437
15,435
15.006
19,975

81.8
27.1
18.9

575
195
385

118.0
40.2
22.4

"25,887
^17,734
16,596

1,907
1,117

5.8
5.5
5.5
6.6
6.0
5.5
3.4

96.8
72.7
23.1
19.7
20.8
22.8
21.9
19.2
13.0

83
53
60
57
77
103

3.2
3.1
4.8
5.8
8.4
8.3

299
111
72

18.7
6.9
5.6

Based on 3-month moving average and adjusted for seasonal variation.




2

Federal-aid
highways
Approved Under
for
conconstrucstruc- tion
tion

Thousands of
dollars

Real
Construc- estate Longtion
mar- term
costs, ket ac- real
Eng. tivity, estate
News- deeds bonds
Rec- record- issued
ord 2
ed

Month- Monthly av- ly av- Thouerage sands of
erage
1926= dollars
1913=
100
100

24, 881 18, 781
23,131 16, 077

76,450
60,165

272, 012
387, 397

203.4
187.2

10, 253 9,264
7,699 9,218
11, 626 10, 968
11, 739 9,729
10, 657 8,743
5,918 4,782
4,327 2,835

60, 697
49,676
56,154
58,319
56,058
51, 976
45,085

234,043
240, 857
242,175
260,943
255, 315
250, 724
250,978

152. 2
153.4
156.8
158.0
159.2
158.2
158.5

1,496 4,433
1,318 6,074
1, 246 7,573
2,097 9,479
2,715 14, 549
4,384 17,723

2,502
2,278
3,510
4,949
6,709
7,979

40,180
33, 050
25, 738
13,127
8,371

252,372
260,185
265,678
269,489
260,736
242,107

158.4
159.3
158.4
160.2
164.4
163.4

3,097
2,187
2,209

9,737
5,717
4,655

98,011 294, 704
58, 635 209, 394
21, 577 258, 428

192.3
156.6
160.7

3,956
3,778
2,281
2,264
2,816
2,402
2,031
1,902
1,590

24,225
12, 023
9,972

First of month. July 1 index, 165.5.

»5 months' average.

h

66.7
58.4
55.2
47.2
54.2
53.4
60.4
50.1
52.9

11,093
3,425

50.4
57.2
41.7
41.1

0
900
0
0
0
0

*56.5
M7.6

80
0
0
700
0
220
200

5, 045
425
150

4 months' average.

11

SURVEY OF CURRENT BUSINESS

August 1933

Transportation
loadings have continued to
FREIGHT-CAR
pand steadily in July. All classes of freight are
ex-

currently being moved in larger volume than in the
same period of 1932, although it has only been recently
that loadings of l.c.l. merchandise have surpassed last
year's figures. Loadings for the latest week reported
amounted to 648,914, and were 29 percent above
the 1932 level. Each successive week has brought a
widening of the gap in comparison with a year ago,
although the freight movement is still substantially
under the 1931 level. While the industrial production index in June exceeded the highest point reached
in the spring of 1931, carloadings were 24 percent
lower in June than in the corresponding period of 1931.
For the first 6 months of 1933, loadings averaged 7
percent below the corresponding period of last year.
This reduction was due principally to the falling-off
in l.c.l. and miscellaneous freight. Grain and grain
products were moved in larger volume than in 1932,
although the short crop currently being harvested is
expected to be reflected in the loadings in the latter
half of the year, which is the period of heavy seasonal
movement. Coal loadings were not much below last
year, and the contraseasonal gains in this industry
have been maintained through July. Loadings of
coke were equal to the 1932 totals, while declines
occurred in forest products and livestock.
The improved traffic returns have made for a decided betterment in the financial positions of the roads.

To the increased receipts from freight have been added a
seasonal gain in the passenger movement. For the first
time since 1929, operating revenues in May exceeded
the total for the same month of the preceding year.
While the gain of 1.3 percent was not large, the further
gains realized in June increased this margin substantially. Continued control of operating expenditures
enabled the roads to report an increase of 249 percent
in operating income over May 1932. Net railway
operating income for the month was $40,693,000, more
than double the April figure. The May figure was exceeded in only 2 months of 1932 (September and
October) and the improvement which occurred in June
undoubtedly raised the net operating income for that
month above last September's figure.
Considerable additional improvement is needed to
reestablish the railroads on a firm financial footing.
For the first 5 months of 1933, 64 class I carriers
failed to earn expenses and taxes, and the average rate
of return on the capital investment for class I roads
was only 1.06 percent. In May, however, the rate
rose to 2.04 percent and a further increase took place
in June.
The railroads have not reentered the equipment
market. The rate of activity in this branch is indicated
by the employment and pay-roll figures which declined in June in both the manufacturing and repairing industries.

RAIL AND WATER TRAFFIC
Financial
statistics

Freight-car loadings

Canal traffic

F.R.B. index

S3
Year and month

•8

•5

©

3
Monthly average, 1923-25=
100
1930: June
1931: June
1932:
June
July
August
September
October
November
December
1933:
January
February
March
April
May
June
Monthly average, January through June:
1931
1932
1933
1

Daily average basis.




2

Thousands

Thousands of cars 4

Thousands of
dollars

I

Thousands of
short tons

Thous.
of long
tons

368.0
298.3

465
599

2,679
2,051

69,163
50, 618

40,100
33, 000

12, 650
6,645

416
385

1,062
828

170.4
163.3
169.1
170.3
178.7
166. 5
155. 4

3.5
6.1
7.1
6.1
6.4
3.0
1.8

191.1
174.3
181.9
203.2
229.6
189.0
153.1

773
764
708
599
545
622
647

300
276
323
339
158
078
248

12, 653
11, 597
49, 647
63, 839
34,179
32,857

9,900
12, 000
9,000
7,300
10, 400
7,500
5,900

1,988
2,638
3,095
3,807
3,924
2,877
215

454
376
528
478
554

633
576
650
638
723
682
587

17.2
15.4
13.0
16.5
16.6
15.5

153.4
154.6
156.1
160.5
165.3
163.6

1.8
1.8
2.0
3.2
7.7

152.6
149.4
152.7
185.2
201.2
219.0

692
650
681
619
553
454

1,158
952
872
974
951

13, 266
9,855
10, 548
19, 041
40, 693

10, 500
8,000
11, 300
11, 500
1,425
2,950

0
0
0
696
3,490
3,583

0
0
0
183
542
479

560
623
724
302
783

21.4
18.1
15.7

217.1
182.8
159.0

278.0
190.2
177.0

623
737
608

l, 995

,778

0981

18,681

40,900
25,450
7,G13

135.3
110.6

9.5
5.5

49.7
31.2

41.5
35.0

21.6
18.6

241.8
219.0

491.6
484.4
516.3
561.1
631.6
548.8
497.4

66.7
72.3
84.6
103.6
135.2
122.8
125.2

2.9
2.6
2.7
3.4
4.8
4.8
5.6

16.8
14.6
15.5
17.1
18.9
16.0
13.2

25.3
36.9
38.5
37.1
34.7
27.8
26.5

14.9
14.4
16.9
20.3
23.4
19.0
16.6

477.6
489.5
460.3
500.9
532.0
566.3

107.1
123.1
91.4
79.5
79.6
90.5

5.2
6.2
4.5
3.4
3.8
4.9

13.7
13.7
14.6
17.2
20.8
25.1

26.6
25.3
26.0
35.5
37.0
36.7

734.1
544.8
504.3

127.2
97.3
94.6

7.4
4.6
4.6

33.2
18.8
17.5

38.1
30.0
31.3

3

1

62.5
29.8

929.7
748.0

For seasonal variation.

III

American vessels, both directions.

11.1
11.8
3.0
4.5
4

n, 405 919,477

Average weekly basis.

" 5 months' average.

9920
"658

12

SURVEY OF CURRENT BUSINESS

August 1933

Automobiles and Rubber
AUTOMOBILE production continued its contrajLlLseasonal rise in June and the early weeks of July.
Reports on weekly production indicate that only a
moderate recession took place during the first week
of July due to the holiday. Production of both trucks
and passenger cars in June amounted to 253,000 units.
This was a gain of 15 percent over the preceding month
and equal to any June total reported since 1930. In
the passenger-car division the monthly gain amounted
to 14 percent and brought the total to a point 32 percent in excess of June 1932. The average monthly
production for the first half of the current year was
16 percent above the comparable period last year.
Commercial vehicles were also produced in much larger
quantity in June and recorded a gain of 25 percent
over May. This was sufficient to bring the average
monthly output for the first 6 months of the year 13
percent above 1932.
Canadian output did not move in sympathy with
American production, and during the month of June
the total units produced declined 22 percent.
Retail marketing of motor cars attained a higher
level in June despite a falling off in the final week.
The total, as indicated by the preliminary estimate of
new passenger-car registrations, showed an increase of
6 percent for the month and continued the rise which
has progressed steadily since last February. The
average monthly registrations for the first half of the

year were 2 percent above the first half of 1932.
Retail sales during July have been well maintained.
Production in the pneumatic-tire industry has been
extremely active, and the June output was substantially higher than in May, a continuation of the rise
of the two preceding months. Preliminary figures indicate that June output was approximately 50 percent
above the May level, and was also far above the level
of a year ago. Domestic shipments were also much
larger in volume.
Employment in the rubber-products industries rose
13 percent in June from the preceding month. The
usual change for the month is slight, and the adjusted
index of employment rose 14 percent. The adjusted
index for June of this year was 1 percent above the
figure for June 1932. Pay rolls also exceeded June
of last year and the preceding month by margins of
4 and 24 percent, respectively.
Domestic consumers of crude rubber continued to
absorb large quantities in June. The high rate of
manufacturing activity and the decrease of 12 percent in imports resulted in a further sharp reduction
in domestic stocks. Activity in the major branches
of the rubber-products industry was maintained during the initial half of the current year at the approximate rate for the same period of 1932. This is indicated by the monthly average domestic consumption
which declined only 3 percent.

AUTOMOBILE AND RUBBER STATISTICS
Automobile
exports

Automobile production
United States

Year and month

F.R.B.
Index,
Total
adjusted^
Monthly average
1923-25
= 100

1930: June
1931: June
1932:
June
July
August
September
October
November
December
1933:
January
February.._
March
April
May
June
Monthly average, Jan
uary through June:
1931
1932
1933




Passenger
cars

Canada

Taxi- Trucks
cabs

Passen- Trucks
ger cars
Total

Automobile
financing
New
passenger
car
registrations

Millions of
dollars

Number

Thousands

335
251
183
109
90
84
49
60
107

285
210

463
360

48,570
40,244

15,090
6,835

10, 077
5,843

5,336
4,340

260,946
201, 911

160
95
76
65
35
47

235
27
9
13
5
239
291

22,768
14,438
14,418
19,402
13, 595
12, 025
21,204

7,112
7,472
4,067
2,342
2,923
2,204
2,139

2,972
3,039
2,893
3,053
1,733
1,762
2,757

1,387
1,865
2,044
2,601
2,549
1,353
2,221

130
107
118
181
218
253

108
91
99
153
185
211

5
152
660
411
54
35

21,718
15,333
18,064
27, 317
33, 605
41,839

3,358
3,298
6,632
8,255
9,396
7,323

7,059
5,521
5,528
5,662
5,093
4,757

3,084
3,136
2,528
2,656
2,445
2,478

170,000

262
145
168

219
122
141

469
89
2580

42,361
23,351
26,313

11, 015
6,612
6,377

9,140
4,367
5,603

4,861
2,055
2,721

196,188
110,604
113,030

1

Adjusted for seasonal variation.

By
whole- Retail
pursale chasers
dealers

Pneumatic
tires

Crude rubber

Domestic
World
DoPro- mestic
constocks*
Imduc- ship- sump- ports
end
of
tion ments tion,
month
total

Long tons

Thousands

138
105

4,098
4,538

4,050
4,320

31,170 40, 382
34,883 46,939

418,509
536,982

148,752
104,188
93,457
81,893
63,195
44, 358
45,683

63
45
45
39
34
28
27

4,515
2,893
2,471
2,031
2,055
1,843
1,586

8,212
1,845
2,065
2,411
1,385
1,306
1,405

35,987
26,010
20,582
20,692
19,337
20,157
15,631

41,117
32,524
33,989
29,280
35,806
29,620

32, 016

593,601
579,195
595,782
599,761
604,008
611,301
621,078

79, 821
69,464
78, 741
119,909
160, 242

31
29
34
45
58

1,806
1,871
1,630
2,499
4,151

2,011
1,764
1,616
2,874
4,077

19,928
18,825
15,701
22,817
38,785
44,654

30,663
22.969
28,475
21, 034
26, 736
23,504

614,851
618,299
622,142
617,490
620, 586
632,565

"40

"3,671
"2,935
•2,391

"3, 316 30,543 39,909
"2,602 27,611 36,889
"2,468 26,785 25,563

521,675
620,626
620,989

53

"59
"35
"36

• 5 months' average.

13

SURVEY OF CUEEENT BUSINESS

August 1933

Chemical Industries
AS a supplier of many raw and intermediate materials for most other industries, the chemicals group
responded to the increased tempo of industrial activity
during June and early July. Production, employment,
and pay rolls increased, although there is usually a
slight tapering off of activity at this season. Prices of
chemical products continued the slow advance started
last April and surpassed the level prevailing at this
time a year ago.
In accordance with the provisions of the National
Industrial Recovery Act, the various sections of the
industry were conferring and drawing up proposed
codes during June and early July, with a number
finally ready for submission to the administration
toward the end of the latter month.
Employment increased but slightly in the chemical
industries as a whole in June, with the rise amounting
to .6 percent. The advance in the heavy chemicals
section of the industry amounted to 7 percent, with
large gains in the cottonseed cake, oil, and meal, the
paint and varnish, and the soap branches were reported. These were, however, partly offset by the
severe seasonal drop in the fertilizer industry. Employment in chemical and allied lines was 7 percent
higher than in June 1932.
Pay rolls picked up more rapidly than employment,
reflecting less part-time work and some wage increases.
The advance from May to June amounted to 4 percent
and affected all branches of the industry except the
fertilizer section.
JLJL

Chemical prices picked up more slowly than the
general commodity average in June, a natural movement, since they did not decline as severely over the
past few years. Chemical and drug prices in this
month were still 13 percent above the general wholesale price level. The small increase in June, which
covered all the major groups of products, was followed
by a slight recession in the first half of July.
Cottonseed cake, meal, and crude oil production decreased seasonally in June but was nearly 50 percent
greater than at this time last year. Output of refined
cottonseed oil was at the same level as a year ago.
Stocks of cottonseed, cottonseed oil, cake, and meal at
the mills declined seasonally from May to June.
Production of wood rosin increased 13 percent from
May to June, there being normally but little seasonal
change in this period. June output was the largest of
any month since April 1931. Wood turpentine production also picked up in June to the largest monthly
volume recorded in the past 2 years. The wholesale
price of gum turpentine at New York fell off a cent per
gallon in June.
Fertilizer consumption in Southern States dropped
sharply but seasonally in June to a volume still slightly
greater than absorption in this month last year. Total
consumption in the first 6 months of the year was a
fourth less than in this period of 1932. The price of
nitrate of soda in New York remained unchanged.

CHEMICAL STATISTICS
General operations
Stocks
Electri- Employment
cal
Pay
energy
rolls
conunad- ManuRaw
Unad- Ad- : justed
facsump- justed
justed
tured matetion
goods rials

Tear and month




1

Byprod- Explo- Rosin,
ReSynuct
sives wood
fined thetic coke
Ethyl meth- methanol
anol

Turpentine,
wood

ConNitrate
Total of soda
sum- imports
™
tion
import*

Production

Thousands of gallons

Monthly average, 1923-25=100

1930: June
1931: June
1932:
June
July
August
September
October
November
December
1933:
January
February
March
April
May
June
Monthly average, January through June:
1931
1932
1933

Fertilizer

Alcohol

Thous.
of short Thous.
oflb.
tons

Barrels

Thous.
of short
tons

Long tons

138.6
132.7

101.8
86.7

105.7
89.6

105.3
84.1

128
122

95

13,116
13, 111

418
95

562
654

3,928 33,546 40,049
2,707 25,981 34, 747

6,774
5,675

79
74

91,658
64,064

18,737
29,711

123.8
124.9
116.6
126.8
129.0
130.1
124.3

74.2
72.3
72.2
74.0
75.1
75.5
75.4

76.4
74.7
74.0
73.7
74.9
75.2
75.2

63.2
60.0
60.0
59.8
60.7
60.9
59.8

118
120
116
121
122
121
121

91
88
90
112
122
122
117

10, 577
11,908
12,365
13,355
13,140
7,391
5,278

97
84
151
102
198
141
174

713
794
793
698
571
532
644

1,537
1,523
1,474
1,544
1,739
1,752
1,786

14,018
12, 563
17,903
19,557
22, 624
20, 753
17,930

29,483
30,076
31,141
31,155
33,132
31,308
29, 220

4,827
4,878
4,861
5,020
5,202
5,454
5,070

42
14
40
97
98
60
85

58,018
49,985
57, 530
88,006
91,619
85,206
47,956

647
11
0
517
13
4,887
48

126.0
130.0
115.6
121.0
127.1
130.7

76.2
77.3
78.2
82.4
78.9
79.4

76.4
76.4
75.6
77.6
80.3
82.3

60.7
60.8
60.4
60.8
61.9
64.6

122
120
123
119
112
104

112
104
99
93
90
85

6,014
9,084
8,229
9,012
9,149

166
117
124
33
95

353
325
178
425
366
559

1,785
1,639
1,666
1,656
1,921
2,241

17,777
16, 008
15,804
16,005
15, 781

31,188
25, 583
26, 597
24.926
31,045
35,163

4,975
4,175
4,255
3,831
5,028
5,514

205
298
825
119
235
43

94,313
90, 349
97,507
102, 204
101,085
105,083

405
2,51&
106
66.
8,431
29,921

135.3
128.1
125.1

93.3
79.8
78.7

92.5
79.1
78.1

89.6
68.5
61.5

128
130
117

101
97

11,690
10,897

200
113
114

731
601
368

3,030 "27,482 32, 382
1,892 »17,406 25,985
1,818 "16,275 29,084

5,691
4,245
4,630

619
375

135,799
86,807
98,424

60,858
7,492
6,90a

Adjusted for seasonal variation.

2 Southern States.

« 5 months' average.

14

SURVEY OF CURRENT BUSINESS

August 1933

Farm and Food Products
ACTIVITY in the food-processing industry was
-£*" maintained at a relatively high rate in June.
The adjusted production index was slightly higher
than in May and was 23 percent above the corresponding month in 1932. Employment and pay rolls
in the industry increased during the month, although
the rise in employment was not up to seasonal
expectations.
Prices of farm and food products continued to advance during June and the first half of July. Among
the major advances reported were those in dairy
products, grain and grain products, cured meats,
oleomargarine, sugar, and vegetable oils. In the
third week of July prices of the major farm products
traded in on organized exchanges suffered a sharp
break. Retail food prices showed an average increase
of 3.3 percent during the month.
Receipts at primary markets of wheat and corn
continued to show a more than seasonal upturn during
June. Wheat receipts, amounting to 28,598,000
bushels, were the greatest since September a year ago.
Corn receipts were 31 percent above May and were
the largest since January 1929.
The indicated production of winter wheat on July 1
is only slightly below that forecast a month ago, but
is 126,000,000 bushels less than the 1932 production
and 254,000,000 bushels below the 5-year average.

The estimate of the corn crop indicated a production
of 2,384,000,000, or 5.1 percent less than the 5-year
average 1926 to 1930.
Movement of livestock to public stockyards during
June, reflecting the usual seasonal tendencies, showed
smaller receipts of cattle, calves, sheep, and lambs.
Hog receipts were an exception to the trend and were
larger than in May. In comparison with June, last
year, increases occurred in receipts of cattle, calves,
and hogs. Despite the slackening of receipts as
compared with May, Federal-inspected slaughter of
all types of animals was well above June 1932.
Under the provisions of the Agricultural Adjustment
Act the processing tax of 30 cents a bushel on wheat
became effective July 9. At the same time compensating taxes were imposed upon all importations made
on and after that date of articles processed wholly or
in part from wheat. Taxes were also imposed on
wheat-flour stocks held for sale or other disposition on
July 9, 1933, except separate retail stocks, and on
stocks in the hands of bakers and other large users.
A recent announcement by the Secretary of Agriculture stated that the cotton-control campaign will
be put into effect. Close to 9,000,000 acres, or around
3,500,000 bales, of growing cotton will be destroyed.
The processing tax of 4.2 cents per pound has been
placed in effect as of August 1, 1933.

FOODSTUFFS STATISTICS
Agricultural
marketings

Food products

Corn

Wheat

Animals and animal products
Meats

F.K.B.

Tear and month

Si

S!

I-

ft

Monthly averMonthly aver- Monthly
average, age,
1923-25=100
age, 1923-25=100 1926=100
1930: June
1931: June
1932:
June
July
August
September
October
November
December
1933:
January
February
March
April
May
June
Monthly average January t h r o u g h
June:
1931
.-_
1932
1933

91
105
101

95.8
88.7
81.1
79.4
81.0
81.8
81.3
80.7
80.0

90.8
73.3

79.6
79.2
78.4
81.5
82.6
82.3

55.8
53.7
54.6
56.1
59.4
61.2

90.2
83.3
80.6

76.6
61.4
56.8

i Adjusted for seasonal variation.




JS4S

58.8
60.9
61.8
61.8
60.5
60.6
58.3

2

49
57
41
51
71
124
164
131

63

ll

Millions of
bushels

5

I

a

2

Dollars Mil- Dollars
per
lions of per
bushel bushels bushel

Thousands

103
103

110
191

0.94
.67

0.80
.52

1,459
1,539

80
85
81
83
84
81

164
178
188
194
190
177
169

.53
.48
.55
.55
.51
.49
.46

.33
.35
.33
.29
.24
.24
.22

81
69
76
86
103
102

158
148
137
126
119
125

.48
.48
.53
.64
.73
.78

125

199
188
136

.72
.59
.61

Imports

Butter

Stocks,
Concold Consump- stor- sumption,
tion,
age,
appar- end of apparent month ent

Millions of pounds

1
Thou- Thousands
of long sands
tons of bags

1,007
1,045

959
1,014

134
140

311
382

1,010
1,037

1,338
1,291
1,606
1,689
1,896
1,543
1,161

3,215
2,854
2,545
2,159
2,405
2,505
2,691
2,775
3,121

1,018
956
1,002
1,096
1,088
1,042
1,014

940
844
751
637
544
513
620

135
133
149
142
142
139
134

314
340
468
328
239
186
174

1,079
671
601
782
923
935
945

.23
.22
.26
.33
.39
.40

1, 318
1,136
1,171
1,296
1,558
1,449

3,381
2,699
2,638
2,798
3,143
3,361

1,061
919
993
1,030
1,107
1,085

717
751
749
780
865
1,059

129
123
129
134
161
129

258
289
430
536
491
426

911
1,083
1,109
922
1,187
977

.54
.35

1,509
1,358
1,321

3,404
3,229
3,003

1,019
1,025
1,033

1,050
982
820

142
139
134

180
420
405

1,228
1,086
1,032

Revised. Earlier data may be found on p. 19 of June 1933 issue.

3

Includes receipts from Hawaii and Puerto Rico.

15

SUEVEY OF CURRENT BUSINESS

August 1933

Forest Products
improved business conditions in
GENERALLY
June were shared by the forest-products indus-

turned out in this month a year ago, and was the
highest recorded since August 1931. The advance
tries. Prices have firmed, orders have increased continued into July, and in the week ended July 15,
rapidly, and production, employment, and pay rolls production exceeded new orders for the first time
have expanded. In common with other raw-material during the past year.
industries, the lumber group, which had been operatCarloadings of forest products were up about a
ing at exceptionally low levels prior to the last few fifth in June as compared with May, although there is
months, has made relatively large gains during the usually a slight seasonal recession in this period.
more recent period. Monthly lumber production Monthly loadings have been increasing steadily since
has doubled in the past 4 months, but is still only last February, and were in June 50 percent larger
38 percent of the 1923-25 average as compared with than at this time a year ago.
90 percent for all manufactures combined. EmployEmployment in the lumber industry in June picked
ment and pay rolls are also exceptionally low in com- up 12 percent from the preceding month, to exceed
parison with other manufacturing industries.
employment at this time a year ago by 6 percent.
During June and early July the various sections of Pay rolls rose a fifth, continuing the steady expansion
the lumber and timber-products industries came from the record low volume of last March.
together and worked out an industrial code under the
Mill stocks of lumber at the end of June were 28
provisions of the National Industrial Recovery Act. percent less than a year ago, reflecting continued
The proposed code was presented to the administra- productive operations below the rate of receipts of
tion on July 10 and the public hearings thereon set new orders. An excess of production over new orders
for July 20. In addition to hours and wages of labor, in the second week in July was the first exception to
the whole problem of conservation of timber resources the general situation, which has favored the reducand curtailment of wasteful exploitation is being tion of stocks during the past year.
considered.
New orders in the last week of June were more than
Lumber production increased a fourth in June as double orders at this time a year ago. During the
compared with the preceding month, although there first half of the year the total volume of orders received
is usually but little seasonal change at this time. exceeded the total of the first 6 months of 1932 by a
Output in June was almost 50 percent over the volume fifth.

FOREST PRODUCTS STATISTICS
General operations
Lumber
ducYear and month tion,
adjusted i

Indexes of
marketing

June
July

.

August..
September
October
November
December
1933:
January
February
March
April

_

_..

May

June
Monthly average, January through June:
1931
1932
1933

Un-

Un-

Number
days'
production

Millions of feet, board measure

71.6
54.4

70.9
44.6

71.4
67.2

170.7
189.9

49.7
31.2

214
143

143
176

557
419

63.3
49.9

60.0
47.8

199.2
162.9

218
127

26
25
23
23
24
21
23

20.9
19.0
19.3
20.9
22.4
20.9
18.8

53.3
55.4
54.8
51.5
55.9
51.3
46.9

104.0
114.3
107.4
89.4
78.4
77.2
70.3

16.8
14.6
15.5
17.1
18.9
16.0
13.2

94
71
59
68
68
68
49

90
83
114
154
113
101
68

242
227
265
275
256
246
252

22.2
15.9
22.5
24.1
22.7
21.1
16.4

26.2
21.3
29.2
38.4
22.5
23.7
21.2

60.4
57.7
81.0
119.1
76.1
81.9
85.1

91
83
91
80
113
99
75

26
20
22
24
30
38

37.9
36. 1
35.7
36.6
37.6
37.3
36.8
35.0
34.4
32.5
33.3
35.7
40.0

16.3
16.3
14.3
15.6
18.0
21.7

50.8
50.8
54.4
57.3
59.9

31.7
23.0
32.9
69.4
122.2
134.6

13.7
13.7
14.6
17.2
20.8
25.1

60
60
64
71

79
90
98
146

238
230
226
247

233

264

26.4
24.3
28.3
33.6
57.3
49.5

120.9
109.7
107.9
120.4
195.2
203.7

85
78
87
89
116
121

96
76
113
113

135

23.4
24.4
21.1
28.8
34.4
35.0

47
26
27

55.6
40.9
35.2

45 2
23.9
17.0

« 5 97
o 5.38
^5.46

87.8
59.0
69.0

33.2
18.8
17.5

45.5
24.5
29.7

48.5
27.1
36.6

179.2
86.7
143.0

154
95
96

167

2

Household3
furniture

Southern pine

70
47

i Adjusted for seasonal variation.




Douglas fir

Pro- New U n UnProfilled
Profilled
New orders,
duc- orders
filled
ducduc- New filled Ship- orders,
tion
orders tion 2 orders * end of tion orders orders ments end of
month
month

Thousands of
cars

M o n t h l y average 1923-25=100

1930: June
1931: June _ 1932:

Southern hardwoods

Carloadings,
Emforest
Pay Total
ploy- rolls,
forest Naval prod-2
ment, unadstores ucts
ad- 1 justed products
justed

Weekly average.

5

Grand Kapids district.

184

140
96
91
149
134
144

91
68

180

159

110
123

12

24
23

6

7
10
10
11
9
7
6

151
83

12

44
46
80
82
75
50
44

7
9
12
12

57
55
64
67
92
88
103
63
71

» 5 months' average.

9
6
6
7
5
6
6

6
13
9
6

7
5
5
5
7
11
17
10

7

16

SUKVEY OF CUREENT BUSINESS

August 1933

Iron and Steel Industry
A CTIVITY in the steel industry in June reached
the highest point since May 1931, and the rising
trend was extended in the first half of July. In the
third week of the current month the rise was halted
as operations remained at 56 percent of capacity.
New orders fell off moderately around the middle of
July but despite this lull tonnage already booked for
immediate shipment is sufficient to maintain production close to this rate for the balance of the month.
Pig iron output during June advanced 43 percent
from the May level and was at the highest point recorded since August 1931. This wide gain for the
month brought the monthly average for the first half
of 1933 to a point 14 percent below the comparable
period of a year ago. A corresponding gain was recorded in the number of furnaces in blast. Active
stacks were far in excess of the number in any month
in the past year and was only one below the number
reported for June 1931.
Production of steel ingots in June reached 46 percent of capacity, the highest rate recorded for any
month since May 1931. Production was almost 3
times as great as in June of last year and 22 percent
above the same month in 1931. The rate of production during the first half of 1933 exceeded the same
period in 1932 by 17 percent, but was 42 percent under
the first 6 months of 1931.
Unfilled steel orders as indicated by the reports of

JLJL

the United States Steel Corporation rose 9 percent
during June, continuing the gain of the 2 preceding
months. Following an extended period of gradual declines the increase of the second quarter was sufficient
to bring the aggregate orders now awaiting execution
4 percent above a year ago. The automobile and tinplate industries and miscellaneous sources continue to
provide the main support. Orders for rails have continued in small volume and only slight support has
come from the construction industry.
The moderate improvement in the composite price of
finished steel products and in the composite iron and
steel price, which began during May, continued
through the succeeding month, but June prices in both
instances were still below June of last year. The
price of scrap steel at Chicago has moved up sharply
since the low quotations of the first quarter of the
year. Successive gains in April, May, and June placed
the current price 57 percent above June of last year
and 2 percent above the same month in 1931.
Iron and steel exports decreased during June, the
drop being largely due to the loss in scrap. The tonnage of other heavy iron and steel exports exceeded
those of both the preceding month and June a year
ago. Imports of ore and heavy iron and steel also
were considerably greater in June than in May. Ferromanganese imports increased in May, although they
remain very small.

IRON AND STEEL STATISTICS
General operations

Monthly average,
1923-25=100

--

_.

—

-

—

Monthly average, January
through June:
1931
1932
1933__




Pig iron

Thousands of long
tons

Production

Steel
sheets «

United
States ManSteel ganese
Corpoore imPerration, ports
cent New
unmanof
Ship- filled ganese
or- ments
ca- ders
orders,
conpacend of tent)
ity
month

Steel ingots

Em- Pay
FurProduc- ployPro- naces
tion, ment, rolls, Ex- I m - ducunadadin
ad- justed ports ports tion blast
justed justed^

Year and month

1930: June
1931: June
1932:
June
July
August.September
October
November—
December
1933:
January
February..
March
April
May
June.

Iron and
steel

ThouNum- sands of Perlong cent
ber
tons

Thousands of
short tons

Prices
Iron Steel
and billets, Steel Finished!
steel, Besse- scrap steel,
(Chi- commer
compos- (Pitts- cago) posite
ite burgh)
Dollars per long ton

3,479

33.53
31.02

31.00
29.00

12.06
8.75

2.33:
2.19

29.54
29.48
29.33
29.32
29.32
29.12
28.93

26.50
26.00
26.00
26.00
26.00
26.00
26.00

5.69
4.88
5.75
6.25
6.00
5.93
5.25

2.17
2.17
2.17
2.16
2.16
2.152.14

26.00
26.00
26.00
26.00
26.00
26.00

5.25
5.25
5.25
6.00
8.45
8.91

2.12;
2.10
2.10
2.06
2.08
2.09

29.75
27.04
26.00

9.62
6.81

2.22
2.15
2.09

102
61

90.0
72.6

90.8
57.6

159
76

2,934
1,639

160
91

3,419
2,128

187
164

213
156

26
25
23
28
31
31
27

54.8
52.1
50.6
51.3
53.2
53.8
52.8

26.0
22.2
22.1
23.4
26.2
25.6
24.2

52
53
33
36
41
56
54

628
572
531
593
645
631
546

46
46
42
47
49
51
42

913
807
847
992
1,087
1,032
861

85
79
95
66
77

90
73
61
75
92
77
67

29
31
21
35
49
72

50.6
51.4
48.3
50.0
52.5
58.1

22.7
24.7
22.4
24.4
29.5
36.2

57
64
81
100
123
103

569
554
542
624
887
1,265

45
45
38
48
63
90

1,030
1,087
910
1,363
2,002
2,598

76
81
83
119
144
247

79
73
75
100
119
153

2,107

28.69
28.31
28.35
28.16
28.^5
28.73

75.7
59.6
51.8

65.3
32.9
26.7

1,851
862
740

106
57
55

2,593
1,283
1,498

182
102
125

186
108
100

3,848
2,368
1,916

31.51
29.68
28.45

1 Adjusted for seasonal variation.

1

Dollars
per 100
pounds

Thousands of
long tons

2,035
,966
,970
,985
,997

,854
,841
,865
,930

Black, blue, galvanized, and full finished.

6.52

17

SURVEY OF CUEEENT BUSINESS

August 1933

Textile Industry
agency. The provisions of this code were subsequently
applied to the other major branches of the textile inOutput during June increased one fourth above the dustry, pending the adoption of individual codes.
Raw cotton consumption in June reached the record
May figure, according to the Federal Reserve Board's
adjusted index. It was the largest monthly produc- total of 696,472 bales, which was a substantial increase
tion on record, exceeding the highest output reached over May and was more than double the figure for
in either 1927 or 1929. All branches of the industry June 1932. Consumption for the 11 months ended
June 30, was approximately 1,000,000 bales higher
have participated in the improvement.
Both employment and pay rolls in the industry ex- than in the same period of the crop year 1932. Acpanded sharply from May to the middle of June, and tivity in the spinning industry in June was at 129
there was a further increase by the middle of July. percent of capacity on a single-shift basis, compared
In June, the rise in employment amounted to 9 percent, with 112 in May and 58 in June 1932. Production in
bringing the index up to 82 percent of the 1926 average. the Southern States continues at a much higher rate
The rise of 15 percent in pay-roll disbursements was than in New England.
In the woolen industry, both spinning and weaving
sufficient only to raise the index to 54 percent of the
1926 average. These relative changes compare with activity increased markedly in June. Wool consumpa production increase of one fourth, placing the pro- tion for the month was the highest since October 1929.
Less than 1 percent of the woolen spindles and less
duction index at 128 percent of the 1926 figure.
The cotton-textile industry was the first to start than 9 percent of the worsted spindles were idle.
operating under a code of fair competition as provided Loom activity also was much higher, with 87 percent
in the National Industrial Recovery Act. This code, of the wide looms active, compared with 66 percent in
which went into effect on July 15, provides among other May. Narrow looms active, increased to 53 percent,
things, for the following: Abolition of child labor; a and carpet and rug looms to 44 percent.
minimum wage of $12 in the South and $13 in the
Raw silk deliveries to mills were higher for the fourth
North; a 40-hour work week and an 80-hour machine consecutive month, although the recent increase in
work week; periodic statistical reports to provide ac- production in this branch has not been as great as in
curate data on current trends in the industry; and the the cotton industry. June deliveries were 14 percent
setting up of a continuing planning and fair practice above May, and were the largest since October.
in the textile industry has been at
PRODUCTION
an exceptionally high level during recent weeks.

TEXTILE STATISTICS
Cotton,
raw

Cotton and manufactures

Wool

Spinning
spindles

Cotton cloth
finishing 2

II
Tear and month

d

Monthly average,
1923-25=
100
1930: June
1931: June
1932:
June
July
August
September
October..
November
December
1933:
January
February
March
April
May
_-

June

Monthly average, January through June:
1931
1932
1933
1

I
B

3

£6
OS

Hi

2%
2*

Silk

s
s

Looms

I
1
Is1
Monthly av- Thouerage, sands of
1926= pounds
100

Operations, machinery activity

cl

2e

ss

m

[I

Monthly av- Bales of Percent of active hours Dollars
erage,
133
per
to total
1926= pounds
pound
100

Running
bales

Millions of
spindle
hours

83

405, 236
453,901

5,789
6,630

47,609
57,412

82,856
77,335

87.2
67.6

32,772
45,805

62
61

56
73

48
46

79.7
68.0

29,396
42,161

79.0
75.6

63.6
43.9

58.0
42.8

3.251
2.463

63
69
90
104
99
92
91

322, 706
278, 568
402, 601
491,655
502, 244
503,722
440,062

4,250
3,656
5,539
6,866
7,046
6,967
6,386

40,993
37,404
64,480
87,988
87,956
69, 515
79,175

71, 364
71,624
62, 547
59,040
66,633
74,850
81,933

51.0
50.0
52.6
57.9
56.2
53.6
51.7

18,933
26,719
41,361
46,055
42,423
38,963
36, 532

30
39
59
70
73
60
55

34
50
57
74
73
58
57

16
17
26
36
43
42
33

55.0
53.6
53.4
56.7
56.5
55.3
54.2

37,466
38,382
59,905
59,694
53, 703
43,955
40, 548

39.5
47.1
67.6
33.7
84.5
76.2
83.2

35.8
45.9
38.3
43.6
46.8
45.3
34.2

28.6
41.0
50.2
62.0
61.9
52.2
55.5

1.194
1.231
1.647
1.805
1.673
1.562
1.550

87
83
76
85
106

471, 202
441, 663
494,167
470,685
620,909
696,472

88,300
6,286 93, 773
7,048 95, 746
6,569 74,463
8,310 88, 278
9,299 100,479

80,097
82, 272
80,446
80, 765
81, 740
75,395

50.1
49.1
50.0
50.7
57.9
67.1

35,510
33,278
24,943
28, 701
46,898
58,688

59
60
42
53
77
100

56
57
32
35
75
92

36
36
28
29
46
53

53.4
53.2
53.2
53.3
61.5
68.8

46,204
32, 665
38,934
41,910
47,151
53,627

89.7
80.6
56.6
59.2
75.4
74.8

37.2
36.8
36.3
42.2
46.0
53.0

56.8
48.9
38.2
49.8
52.3
62.8

1.305
1.201
1.182
1.324
1.586
2.155

466,993
399,405
532,516

6,663
5,631
7,383

70,023
78,797
80,119

71.2
54.6
54.2

41,855
25, 578
38,003

58
40
65

60
38
59

38
21
38

70.8
60.4
57.2

49,021
42,939
43,415

87.8
60.3
72.7

44.4
41.9
41.9

52.8
39.2
51.5

2.512
1.551
1.459

Adjusted for seasonal variation.

3583—33




II
=

Wool manufactures

Thousands of
yards

74,046
65,921
90,173

2

Percent of active hours
to total reported

Printed only (mill and outside).

3

Grease equivalent.

18

SURVEY OF CURRENT BUSINESS

August 1933

PURCHASING POWER OF THE DOLLAR
[1923-25= 100 cents]

Month

Whole- Retail Farm Cost Whole- Retail Farm Cost Whole- Retail Farm Cost
sale
food
of
sale
food
of
sale
food
of
prices prices prices living prices prices prices living prices prices prices living

Whole- Retail Farm Cost
sale
food
of
prices prices prices living

1914

1916

1913
January _
February
Miarch
April
May
June
July
August
September
October
November
December

.
.

- -- . . .

Annual index .

143.3
144.3
144 1
144 5
146.2
146 0
144.9
144 5
142.7
143 1
143.7
145.8
144.3

152.4
154.6
154 3
152 7
154.8
153 1
150.4
148 4
146.2
144 1
142.9
144.1

145.3
143.7
142 2
140 8
140.8
139 5
139.5
136 6
134.0
132 6
132.6
134.0

146.8
147.5
148 1
149 0
149.5
149 5
149.7
144 7
143.5
148 1
149.3
149.7

144.5
148.8
151 5
154 8
153.4
150 8
146.6
140 6
139.5
142 0
142.2
143.3

132.6
131.4
132 6
132 6
132.6
132 6
134.0
132 6
135.3
140 8
143.7
142.2

149.7

137.9

147.9

146.2

135.3

-

---

Annual index...

98.6
96.3
93.5
88.3
83.4
82.5
81.9
80 7
81.6
82 4
82.0
82.0

117.5
112.6
113.0
103.4
99.3
98.9
102.8
100 7
97.9
95.3
96.8
95.5

98.6
93.3
86.8
78.4
73.4
73.4
74.6
75.4
75.0
73.8
73.8
72.3

.

.

--

-

- - --

- .

.
-.-

Annual index

85.7

102.4

78.4

128.2

93.5
93.0
97.4
97.3
94.7
92.5
89.4
87.6
84.2
82.8
81.7
80.3

71.1
70.0
69.3
69.0
69.7
70.4
70.0
68.0
66.7
67.7
69.0
68.6

76.7

89.0

69.0 2 105.8

-

_
- .

Annual index

__
- .

.

_

_

Annual index..

..

144.9

147.9

137.9

163.7

130 7
128.2
125 3
123 3
122 1
121 5
120.8
118 3
115.9
110 5
103.4
101.5

140 3
141.2
139 9
137 7
137 0
134 0
135.5
132 1
126.9
124 1
118.9
118.8

132 6
130.2
127 7
125 5
124 4
123 2
122.1
117 9
112.2
107 8
100.7
99.3

117.8

131.8

117.9

109.9

101.7

152.4

1920

74.9
77.6
76.7
75.7
74.4
74.2
71.4
69.8
71.4
71.1
69.7
66.9

80.9
87.1
85.5
82.4
81.0
81.4
78.9
78.1
79.6
79.4
77.9
76.2

69.0
71.1
70.0
66.7
64.2
63.9
62.2
62.2
66.4
67.0
66.1
65.1

72.7

80.6

66.1

104.1

97.3

91.7
2 97.7

63.9
64.1
63.5
60.9
60.2
60.5
60.8
62.4
64.9
69.8
75.5
83.4

74.5
74.9
74.9
71.1
69.5
68.5
68.4
72.5
73.5
75.5
77.5
84.2

63.0
62.5
62.2
60.0
58.7
59.0
61.6
66.1
71.1
77.5
87.3
98.6

87.4
87.0
85.9
83 5
82.8
82 5
82.4
84 7
84.9
85 8
86.8
90.7

65.2

73.6

67.3

85.3

1924

1923

88.3
96.0
98 3
101.8
104.7
107.8
107.8
107.6
107.8
107.1
107 0
108.3

86.9
95.0
96 0
98.5
103.5
103.7
100.9
96.8
97.8
98.1
98 7
99.9

102.2
107.8
112 2
120.0
123.2
125. 5
124.4
118.9
117.0
114.9
118.9
120.0

92.9
96.8
97.7
99.1
100.8
101.4
100.4
99.4
100.0
100.2
100.5
101.2

110.1
108.3
108.5
108.0
104.8
104.6
101.3
102.1
101.4
101.1
100.2
100.0

105.5
105.8
108.0
107.9
107.6
106.5
105.4
108.0
107.2
105.0
103.4
102.1

121.1
117.0
112.2
112.2
108.7
107.8
109.5
114.9
116.0
112.2
109.5
105.4

103.2
103.4
105.6
105.5
105.4
105.2
105.0
105.7
105.2
104.3
103.6
103.4

98.7
97.5
96.3
96.9
98.8
100.4
102.4
103.0
101.0
101.3
102.4
102.7

103.7
105.3
105.6
104.7
104.5
103.8
101.7
102.4
100.3
100.0
99.1
99.7

103. 0
101.4
101.4
100.7
102.2
103.7
106.2
107.8
104.5
103.0
101.4
100.7

103.8
104.2
103.0
103.0
102.5
102.6
101.5
101.6
100.6
100.3
99.5
99.7

101.1
101.0
102.2
103.5
105.0
106.2
105.4
103.8
103.7
102.6
101.6
99.2

100.5
101.7
104.3
106.0
106.3
105.2
104.5
103.8
102.0
100.7
99.8
98.9

100.7
101.4
105.4
106.2
107.0
106.2
104. 5
99.3
104.5
100.0
100.7
99.3

99.8
100.2
100.5
101.1
101.2
101.1
101.2
100.6
100.2
99.5
99.3
98.8

103.2

97.8

118.9

99.1

104.2

105.8

112.2

104.6

100.1

102.5

103.0

101.8

102.7

102.7

103.0

100.3

1926

1928

1927

97.8
96.8
96.6
98.8
99.1
97.8
96.5
96.9
97.4
97.2
96.3
97.4

97.1
98.9
99.1
99.3
98.8
96.6
93.7
93.4
94.3
92.7
89.7
90.5

94.5
94.5
91.4
93.9
94.5
93.3
92.6
90.8
95.9
96.5
95.9
96.5

98.3
99.2
99.2
99.5
99.3
98.4
97.6
97.7
97.8
97.3
96.2
96.3

97.6
98.7
100.1
100.4
100.2
100.3
101.2
101.6
101.0
101.3
102.4
102.9

91.2
92.8
93.7
92.3
93.0
93.8
95.4
96.2
94.5
93.6
92.7
92.6

96.5
96.5
98.6
98.6
99.3
99.3
101.4
103.7
103.0
106.2
106.2
108.7

96.8
97.3
97.8
97.7
97.9
98.3
99.1
99.4
98.6
98.4
97.8
97.9

104.4
105.2
106.4
107.1
107.0
107.1
106.8
105.8
104.6
104.3
104.6
104.5

94.1
96.1
97.4
97.6
96.4
94.5
97.7
98.3
97.3
96.0
95.7
96.1

109.5
108.7
109.5
110.4
109.5
106.2
106.2
104.5
98.6
99.3
100.7
100.7

98.7
99.5
99.9
100.3
100.3
99.7
101.1
101.2
100.7
100.4
100.1
100.4

104.5
105.2
105.5
104.3
103.3
104.2
103.4
103.2
102.1
104.2
105.2
105.2

96.6
98.8
98.9
98.5
97.4
98.1
98.0
97.2
95.0
95.5
95.2
96.2

100.7
102.2
100.7
98.6
93.3
95.1
95.1
99.3
97.8
100.7
103.0
103.0

100.6
101.5
101.7
102.0
101.6
101.9
101.7
101.6
100.6
100.9
101.1
101.4

97.3

95.1

93.9

98.0

100.7

93.3

101.4

98.0

105.6

96.4

105.4

100.2

104.2

97.1

99.3

101.4

1930

1929
January
February
March
April
May
June
July
August
September
October
November
December

137 9
136.6
137 9
135 3
132 6
136 6
139.5
142 2
142.2
136 6
139.5
137.9

1922

1925
January
_February
IVfarch
April
May
June
July
August
SeDtember
October
_
November
December

144.7
148.1
152 9
151 1
149 7
149 0
149.5
149 7
148.8
145 8
143.7
143.1

1919

80.6
82.1
79.7
78.5
78.6
78.1
76.3
75.0
73.3
73.9
73.9
73.9

1921
January
February
]VIarch
April
May
June
July
August
SeDtember
October
November
December

164.2

147.9
146.8
147 7
146 6
146.0
147 5
145.3
146 8
147.5
143 5
140.4
136.1

1918

1917
Tanuarv
February
March
. .
April
May
June
July
August
September
October
..
N o vember
December

1915

1931

1932

105.0
105.6
104.8
105.5
106.4
105.8
104.4
104.6
104.8
105.9
107.6
107.9

96.9
97.0
97.9
98.8
97.8
96.8
94.5
93.5
93.2
93.4
93.8
94.8

103.7
101.4
98.6
100.0
101.4
102.2
98.6
96.5
97.8
98.6
101.4
102.2

101.9
101.9
102.6
102.8
102.9
102.7
101.8
101.1
101.0
100.8
100.9
101.7

108.8
110.1
111.6
111.9
113.4
116.0
119.3
119. 5
119.3
121.4
123.9
126.6

96.4
97.9
99.8
99.1
99.8
101.3
104.1
104.3
102.9
103.7
105.9
109.2

103.0
105.4
109.5
108.7
111.2
112.2
124.4
127.7
124.4
130.2
134.0
142.2

102.6
103.3
104.1
104.0
104.7
105.5
107.0
107.5
106.7
107.4
108.5
109.9

128.7
131.1
132.5
134.6
137.6
139.7
139.9
139.7
141.4
143.3
143.5
146.8

112.7
117.9
118.5
120.8
123.8
126.6
125.9
125.2
125.5
125.8
128.4
131.1

146.8
153.4
151.7
151.7
160.5
172.4
174.8
184.2
191.6
202.8
194.6
209.2

111.7
113.6
114.3
115.5
117.1
118.5
118.5
118.5
118.9
119.9
121.4
122.5

149.7
152.0
152.7
153.8
156.3
157.5
156.0
154.6
154.3
156.3
157.5
160.8

137.0
142.2
142.7
144.5
147.9
149.7
148.4
148.6
149.3
149.3
150.6
151.7

218.8
229.9
226.2
233.6
246.3
265.3
242.1
233.6
233.6
246.3
255.8
265.3

125.0
127.1
127.9
129.2
130.7
131.9
132.3
132.6
133.0
133.7
134.6
135.5

105.7

95.6

100.0

101.8

116.6

101.8

117.9

105.8

137.9

123.5

172.4

117.4

155.5

146.6

242.1

131.1

1 Computed by the Department of Commerce, Division of Economic Research, from original sources as follows: Wholesale and retail prices, Department of Labor; farm
prices, Department of Agriculture; and cost of living, National Industrial Conference Board. These statistics will be published monthly starting with the December 1933
issue.
June 1933figures,wholesale prices 155.0, retail prices 154.8, farm prices 215.5, cost of living 139.9.
2
Average of months shown.




19

SUKVEY OF CURRENT BUSINESS

August 1933

ELECTRICAL GOODS, NEW ORDERS
[Thousands of dollars]
1922

1923

1924

1925

1926

1927

1928

1929

1930

1931

116,238
138,335
140, 367
153,946

184,744
191,458
158, 781
169,593

170, 901
168,778
144, 572
178,803

184,286
177, 665
182, 428
193, 269

215,081
201, 308
196,825
204, 611

197,166
188,294
192,569
183,643

195, 071
199,993
212, 604
218, 289

270, 484
285,090
280,188
229, 748

236,329
228, 902
180, 733
167,935

146,486
181, 348
132, 304
118, 586

77, 351
79, 080
63,319
62,912

137, 221

176,144

165, 763

184, 412

204, 456

190,418

206, 489

266, 378

203, 475

144, 681

70, 666

Quarter
First quarter
Second quarter
Third quarter
Fourth quarter
Monthly average

1932

FIRE EXTINGUISHERS, SHIPMENTS
[Number]

Motor apparatus

Hand types

Month

January

February _
March
April

__

1926

1927

1928

1929

1930

1931

1932

53, 601

43, 647
51,471
60,012
52,864
61,514
54,151
54, 225
50, 721
48, 528
44, 761
41, 729
41, 254

46, 270
46, 532
48,948
46,482
53, 395
57,156
45, 722
46, 777
43, 711
47, 509
41,856
46,843

42, 213
40,001
51, 522
45,427
53, 848
47,021
47, 669
45, 289
41,010
47, 507
39,818
40,422

43,546
46,110
53,775
56, 815
52, 681
51, 792
60,113
61,477
49, 646
47, 827
35, 266
33, 331

44,130
47, 354
43, 579
55,168
55,013
43,821
41,838
34,173
36,857
34,815
28, 518
33, 305

26,903

50, 978
55,333
53, 515
54, 394
54,829
49, 563
51, 002
50, 968
45,162
49, 246

28, 384
31,006
31, 253
29,687
28,578
28, 464
24,947
28,042
22, 868
19, 788
18,617

51,151

50, 406

47, 600

45,146

49, 365

41, 548

26, 545

_ __ 45, 220

_-

May

June

July
August
September __ .
October
November.
December

1925

__ _
_

Monthly average

1925

1926

18,925
17, 200
16, 497
18,110
15,013
13,817
13,331
13, 708
14,453
12,089
11,695
10,047

105
88
109
138
143
141
162
132
125
122
127
134

82
85
112
122
111
147
140
356
128
151
135
137

14,574

127

126

1928

1929

1930

1931

91
93
128
123
129
147
113
147
125
108
109
110

69
87
106
102
103
96
101
123
139
136
129
99

87
74
108
106
116
118
128
113
118
114
132
124

81
78
92
92
92
106
115
116
82
94
69
110

55
66
75
70
72
89
72
76
60
77
55
70

38
27
36
27
37
40
34
23
26
17
14
21

119

108

112

94

70

28

1927

NEW PASSENGER-CAR REGISTRATIONS3

WHEAT FLOUR4

[Number]

[Thousands of barrels]

Month
January
February
March
April
May
June
July
August
September
October
November
December
Monthly average

1925

1926

1927

1928

1929

1930

1931

1932

164,772
156,936
249,697
351, 746
339,801
308, 791
327,142
266,431
199,025
249, 784
193, 787
159,843
247,313

199,819
167,107
280,902
396, 222
403,036
327,126
334,469
308.495
261,798
241, 686
162.496
145, 539
269,058

175,273
180,396
261, 111
331,396
318,479
266, 291
251,699
245,115
185,975
186,127
132,487
89,189
218,628

136, 071
165, 537
254, 214
332,056
351,459
317,069
324,120
329,674
271,821
284,939
211, 736
160,883
261,632

219, 760
235, 266

179,885
211, 998
298, 680
357,064
345,069
260.946
254,069
203, 643
175, 286
150, 219
93,066
96,054
218,832

126, 786
134,133
200,841
265, 732
247, 727
201,911
194,322
155,744
124,903
102,659
75,829
77,564

87,493
82,813
92,192
121,093
131,282
148, 752
104,188
93,457
81,893
63,195
44,358
45, 683

159,013

91,367

481, 750
453,981
386,441
432,609
376,882
304,359
288, 782
183,616
138, 732
323, 354

Consumption
1932
1931

Month
January
February
March
April
May
June
July
August
September
October
November
December

7,874
8,066
8,796
8,752
8,614
8,223
8,170
9,276
9,287
10, 752
9,380
10,664

8,195
10,442
10,524
11,093
9,905
9,892
710,009

_.

Monthly average-

1932

Production
1931 1932

10,400
11, 213
11,207
11, 743
10, 736
9,389
710, 781

9,281
8,538
9,413
9,361
8,798
8,508
8,949
9,724
10,404
11,228
10,363
10,051
9,552

PASSENGERS CARRIED ON ELECTRIC
STREET RAILWAYS 5

MASSACHUSETTS EMPLOYMENT AND WAGES (

[Thousands]

[1925-27 = 100]

Month
January
February
March
April
May
June
July
August..
September
October
November
December
Monthly average
1

1929
1, 009,672
941,777
1, 047, 253
992,399

1,018,683
952,048
923,075
918, 741
920,823
999,059
962,609
1,011,849
974,832

1930
995, 537
901,469
978,658
942,481
952,978
881, 596
837,598
817, 220
845, 776
907, 245
855,182
919,973
902,976

1931
886,426
805,643
892,340
866, 517
860,158
813,008
764,392
736,397
756, 208
818, 244
764,960
824,480
815, 731

1932
789,302
744,154
797,443
763,027
749,876
697,099
638,678
637,191
659,316
702,854
684,096
728,015
715,921

Month
January
February
March
April
May
-.June
July
August
September
October
November
December..
_
Monthly average.

Employment
1931
72.5
75.1
77.0
77.0
77.0
74.9
74.0
75.2
75.0
71.7
67.4
65.6
73.5

1932
65.2
68.3
67.0
61.1
56.8
53.9
50.4
56.6
62.2
64.7
61.4
59.1

Pay rolls
1931
66.1
69.5
71.9
70.6
69.7
66.2
65.9
67.1
65.0
59.4
55.3
53.7
65.3

1932
52.6
55.8
54.4
47.5
42.2
39.3
35.8
40.8
46.2
47.3
43.5
41.8
45.6

Weekly earnings
1932
1931
91.2
92.6
93.4
91.7
90.5
88.4
89.1
89.2
86.7
82.9
82.0
81.8
88.3

80.6
81.7
81.2
77.7
74.3
72.9
71.1
72.0
74.2
73.1
70.8
70.8
75.3

Compiled by the Department of Commerce, Bureau of the Census, from quarterly reports of 78 manufacturers of electrical goods, which accounted for about 58 percent
of the output of the electrical manufacturing industry, according to the Census of Manufacture of 1931. These data supersede information formerly shown in the Survey.
See p.
49 of this issue for 1933 data.
2
Compiled by the Department of Commerce, Bureau of the Census, from reports of 39 companies, representing almost the entire industry. Of the 39 companies reporting,
17 make motor apparatus, 17 soda-acid types, 13 foam types, 8 carbon-tetrachloride types, 8 pump types, and 5 miscellaneous (including nonfreezing types) and 10 twowheeled chemical engines. Further details by classes are given in press releases. These data supersede information on this subject formerly shown in the Survey. See
p. 54 of this issue for 1933 data.
3 Compiled by R. L. Polk & Co. and represent the number of cars registered each month. These data represent a revision of figures for certain months, formerly shown
in the
Survey. For 1933 figures see p. 54 of this issue.
4
Compiled by Russells' Commercial News and represents a revision of data previously shown. The revisions were occasioned by the inclusion in the production data
of small mills, gristmills, and prepared flour produced in other than strictly flourmills. Data prior to July 1931 are unchanged. For 1933 data see p. 40 of this issue.
fi Compiled by the American Electric Railway Association. The statistics cover revenue passengers on street cars and busses reported by electric railway companies
and include reports from 210 companies for the period since January 1931. For the 2 preceding years the figures have been computed on the basis of the change for approximately 232 companies in 1929 and 225 companies in 1930. The figures cover close to 90 percent of the revenue passengers carried by the street railways. For 1933 data see
p. 346 of this issue.
Compiled by the Massachusetts Department of Labor and Industries, and represent revisions of the statistics previously shown to conform to census data. These indexes
are computed from reports each month from approximately 1,000 to 1,100 representative manufacturing establishments in Massachusetts, employing about 40 percent of
the total number employed in all manufacturing establishments. For the base period, 1925-27, the average number employed was 590,616, the weekly pay roll $14,363,781,
and the average weekly earnings $24.32. The employment indexes are based on the annual census of manufactures, the latest figures (which are based on monthly surveys)
are adjusted each year when the census material becomes available. The weekly pay roll and weekly earnings data are from the monthly survey of representative industries mentioned above, as the census schedules only call for the total annual pay roll. For 1933 data see pp. 28, 29, and 30 of this issue.
7 Average of months shown.




20

SURVEY OF CURRENT BUSINESS

August 1933

RECONSTRUCTION FINANCE CORPORATION LOANS OUTSTANDING, END OF MONTH1
[Thousands of dollars]

Year and month

January...
February. _.
March
April
May
June
July
August
SeptemberOctober
NovemberDecember. .
January...
February..
March

Grand
total

Banks
and
Build- Insurtrust
and
Total,
com- ing
ance
section 5 panies, loan
comincludpanies
ing re- ations
ceivers

Mortgage
loan
companies

All
Railother
roads,
loans
includ- under
ing re- section
ceivers
5

Total,
emer-

SET

and
construction act

Financing of Amounts Total
Self- agricul- made
tural available Emerliquidating com- for relief
projects modi- and work ing Act
ties and relief
livestock

1932
70,850
183,454
331,987
474, 529
724,120
860, 653
971, 592
1,
1,122; 698
1, 224, 773

70,850
183,454
331,987
474, 529
724,120
860, 653
967,644
984, 644
1,057,431
1,069, 619
1,127, 743

39,527
117, 746
223,009
318, 616
424,894
500,859
547,194
534,182
574, 610
572, 585
594,630

2,431
12,541
31,754
41,040
56,411
67,020
75,195
78,897
81,109
84, 221

6,562
10, 685
18,821
45,440
49,101
53,466
57, 233
57,894
58,864
62,449

1,277
9,097
14,065
66,036
72, 268
74,026
75,507
76, 711
77,396
77,080

1, 310,314
1,473,841
1, 603,046
1,681,363
1,832, 655
1,875,246

1,170,616
1, 294, 392
1, 366,999
1,390,686
1,482,123
1,500,817

611, 788
669,199
695,480
691,063
743,643
685,528

85,343
87,371
87,021
86,149
84,326
82,299

62,902
63,060
72,314
72,524
73, 782
73,922

79,464
109,812
113, 523
110,519
110,440
155,907

31,322
54,966
73, 782
139,487
164,043
205,782
218,411
241,432
249,952
272,472

472
2,871
4,405
7,218
17,967
20,153
24,113
27,884
29, 712
36,892

3,948
14,160
31,429
53,079
97,030

280,042
296,230
311,023
323,195
340,875
359,184

51,076
68, 719
87, 638
107,236
239,496
143,977

139, 698
179,449
223, 297
270,345
324,850
330,961

360
15, 737

450
1,277
1,325

3,948
14,160
30,979
51,442
79,968

18,337
18,664
20,684
25,126
27,231
30,139

1,213
1,228
1,237
2,478
2,774
2,749

120,148
159, 557
201, 376
242,741
294,845
298,074

1933

Aprils....
May 3
June 3

12, 750
20,333
25,683
43,468

BUILDING CONSTRUCTION COSTS, ALL TYPES, AMERICAN APPRAISAL CO.2
[Monthly average 1913 = 100]

Quarter

1913

March
June
September —
December.Quarterly average

100.0

Month
January
February
March .
April

.

May

June

July
August

September
October
November
December
Monthly average

._

1914

98.2
1924

-_

._._

1915

1916

1917

1918

1919

223.0

206.7
214.7
214.0
214.2

212.5

268.3

205.1

189.4

212.4

163.8

201.9

102.7

118.4

149.7

179.3

101.1

116.2

143.9

171.6
1928

1923

180.4
180.7
196.3
200.5

138.1

1927

1922

232.8
210.7
191.6
185.0

113.9

1926

1921

264.4
279.3
271.4
258.2

99.4

1925

1920

1929

1930

1931

1932

213.6
213.4
212.2
212.3
212.8
210.5
208.0
207.2
206 9
207.0
206.0
205.7

204.0
205.1
205.1
203.7
203.7
203.0
201.6
201.9
202 3
202.9
204.1
204.3

204.2
204.4
204.8
205.2
204.3
204.3
203.4
203.4
203 2
203.8
203.8
203.7

203.7
203.2
203.2
203.2
203.1
203.4
204.1
203.9
204 1
204.2
204.1
203.9

203.7
202.9
202.9
202.9
203.1
203.2
203.8
203.8
203 8
203.7
203.7
203.4

203.5
203.6
203.7
204.0
203.9
203.9
203.8
203.9
204 3
204.9
205.0
204.1

204.4
204.6
202.9
202.7
202.6
200.4
199.6
196.7
194 3
191.3
186.0
185.3

183.5
183.5
182.4
176.5
170.1
169.4
167.3
165.9
164 5
163.1
161.8
160.4

159.0
157.0
156.0
154.0
153.0
151.0
150.0
149.0
149 0
147.0
146.0
145.0

209.7

203.5

204.1

203.7

203.4

204.1

197.5

170.7

151.0

1933
142.0
141.0
140.0
140.0
140.0
141.0

1 Compiled by the Reconstruction Finance Corporation and represents the loans outstanding for all purposes at the end of each month from the period since organization,
Feb. 2,1932. The loans outstanding for self-liquidating projects were provided for in sec. 201 (A) title II of the act; for " Financing of Agricultural Commodities and Livestock;" sec. 201 (D) title II and the "Amounts Made Available for Relief and Work Relief" in sec. 1, title I. The amounts for "Loans on Preferred Stock of Banks and
Trust
2 Companies" and "Subscriptions for Preferred Stock of Banks and Trust Companies" were made available under the Emergency Banking Act approved Mar. 9, 1933.
Compiled by the American Appraisal Co. and represents construction costs based on material and labor costs prevailing in the United States, weighted in accordance
with cost percentages determined from actual construction work. This series represents an average for the periods shown of the 4 types of construction, brick-steel-frame,
brick-wood-frame, frame, and reinforced concrete which are no longer separately issued. These data supersede thefiguresformerly shown in the Survey.
a Unallocated repayments not included.




21

SURVEY OF CURRENT BUSINESS

August 1933

WEEKLY BUSINESS INDICATORS
[Weekly average, 1923-25=100]
1933

1932

1931

July July July July July July July July July
22
15
23
16
25
18
26

Business activity:
New York Times * #
Business Week * f
Commodity prices, wholesale:
Dept. of Labor, 1926=100:
Combined index (784)...
Farm products (67)
Food (122)
Fisher's index, 1926=100:
Combined index (120)...
Agricultural (30)
Nonagricultural (90) __
Copper, electrolytic
Cotton, middling, spot
Iron and steel, composite..
Construction contracts t--Distribution: Car loadings.
Employment: Detroit faC'
tory
Finance:
F ailures, commercial
Security prices:
Bond prices tStock prices %

67.2 64.5 65.0 64.8
69.7
62.7 61.1 58.5 47.8 48.7 48.1
66.5 65.9 62.9 61.0 61.2 60.7
68.8
50.8
71.6
63.0
42.6
72.8
22.3
67.6

60.2
44.6
62.6
37.0
21.7
71.1
36.6
56.2 52.3 52.6

66.6
48.8
69.7
57.2
37.9
71.7

45.8
62.6
36.2
21.7
71.2

69.5
60.5
72.0
55.1
33.1
74.8

83.3
85.2
82.1
78.3
47.1
80.1
86.4
43.4 77.4 79.1 95.9
59.6
43.7
62.5
37.0
22.4
71.2

61.0
72.5
55.8
34.2
74.8

83.4
85.5
82.1
78.3
49.3
80.2
96.8

67.7
84.3 65.1 156. 3 159. 7 122.4 115. 2 105. 2 125. 3 111. 1
9.221 '78.1106.9 106.9 106. 9 106. 7
97.4 80.7 79.
4| :36. 5 134. 8 134. 7 207.1 207.4
•8.4|
91.3 97.3 97.4 39.8 38.

1931

1932

1930

July July July July July July July July July July
22
15
23 16
25 18 26 19

July
19

93.2
99.0 98.7 64.6 64.8 65.4 84.4 86.4
55.6 56.2 55.5 75.4 76.7 91.0 94.8
68.9 66.

70.4
52.2
73.2
63.8
37.1
72.5

1933

1930

Finance—Continued
Banking:
Debits, outside N.Y.C.t 72.1 67.7 85.4 62.2 62.4 88.0 85.9 94.7108.8119.9
Federal Reserve reporting member banks :§
Deposits:
Net demand
104.8 105. 2 104. 6
90.1
4 111. 6 112.9 113.4 114.1
Time
125. 3 124.6 123.9 122.1 121.9 122.2 157.1157.5 163,1.2 163.2
79.6 79.5 78.5 88.2
Loans, total
2 88.9 116.2117.1134.8 135.3
Interest rates:
24.2 24.2 24.2 48.5 48.5 53.3 36.4 36.4 48.5 54.5
Call loans t
10.5 18.6 19.4 34.3 34.3 34.3 34.3 34.3 80.0 79.1
Time loans $
Money in circulation t-- 116.4 117. 2 118.3 118.4 118.3 119.1 99.2 99.5 91.4 92.1
Production:
82.8 76.0 54.9 60.8 60.0 53.3 76.7 79.9 46.1 49.3
Automobiles
70.6 68.2 64.9 43.0 40.7 42.2
Bituminous coal i
66.4 79.1 77.5
Electric power f
99.3 98.9 92.4 86.1 85.0 80.6
98.7 101.2100.1
Lumber X
98.4 94.9 71.6 54.1 52.1 43.1
128.3 126.4 124. 6 105.9 103. 5 103.4 119.4 117.5 119.5 120.6
Petroleum t
--73.7 73.7 71.1 21.1 21.1 21.1 43.4 40.8 76.3 76.3
Steel ingots t
Receipts, primary markets:
69.3 71.5 44.9 .9.0 73.7 66.8 84.8
Cattle and calves
50.8 59.0 46.8 55.5 65.0 65.2 74.4
Hogs
79.6 73.8 70.8 16.9 20.4 14.2 23.8 21.2 11.5 16.5
Cotton.,.
Wheat.,.
146.9 117. 7 10 151.1121. 2 90. 3 329.4 365.8 406. 6 296. 3

' Computed normal = 100.
t Daily average.
J Latest week is preliminary.
f Weekly average, 1928-30=100.
X Average same week, 1930-32=100.
# Index revised. See weekly supplement of June 1, 1933, for explanation.
§ 1933 indexes are based on reports from 90 cities; earlier data cover 101 cities.

WEEKLY BUSINESS STATISTICS
1933

COMMODITY PRICES, WHOLESALE
Copper, electrolytic, New York
dolls. perlb..
Cotton, middling, spot, New York.
dolls, per lb._
Food index (Bradstreet's)
_ dolls, per lb.Iron and steel composite
_- dolls, per ton..
Wheat, no. 2, hard winter (K.C.)
dolls, per bu._
Banking:
FINANCE
Debits, New York City.
_
mills, of dolls..
Debits, outside New York City
mills, of dolls..
Federal Reserve banks:
Reserve bank credit, total..
mills, of dolls..
Bills bought.
mills, of dolls..
Bills discounted
mills, of dolls..
U.S. Government securities
mills, of dolls..
Federal Reserve reporting member banks: §
Deposits, net demand
.mills, of dolls..
Deposits time
mills, of dolls. _
Investments tot^l
mills, of dolls..
US Government securities . mills, of dolls _.
Loans, total
mills, of dolls..
On securities
All other

Interest rates, call loans
Interest rates, time loans
Exchange rates, sterling (daily av.)
Failures, commercial
._

mills, of dolls._
mills, of dolls..

percent-.
percent..
. ..dollars..
number..

Money in circulation (daily av.)
mills, of dolls.Security markets:
Bond sales, N.Y.S.E
thous. of dolls, par v a l u e . .
B ond prices, 40 corporate issues
dollars _ _

Stock sales, N Y S E

_ thous. of shares..

Stock prices (N.Y. Times)
dolls,
Stock prices (421) (Standard Statistics)
Industrialists (351)
Public Utilities (37)
Railroads (33)

per s h a r e . .
1926=100..
1926=100
1926=100. .
1926=100

July 22

July 15

0.088
.101
2.08
30.02
1.06

0.087
.116
2.03
30.13
1.02

4,269
3,341

1933
July 8

1931

1930

July 16

July 25

July 18

July 26

July 19

July 27

0.079
.103
1.96
29. 67
.98

0.050
.059
1.73
29.46
.44

0.051
.059
1.73
29.46
.45

0.076
.090
2.19
30.98
.45

0.077
.093
2.18
30.98
.43

0.108
.128
2.67
33.14
.81

0.108
.134
2.67
33.18
.79

0.178
.187
3.36
36.68
1.29

0.178
.192
3.36
36 72
1.30

3,993
3,140

4,022
3,301

2,879
2,883

2,775
2,889

4,499
3,981

5,114
4,390

6,056
5,045

7,112
5,562

10,721
6,289

11,505
6,543

2,197
10
163
2,017

2,201
13
168
2,007

2,206
23
182
1,995

2,438
52
538
1,836

2,417
62
516
1,821

942
67
182
678

951
70
162
678

946
151
191
576

1,000
169
207
577

1,329
69
1,064
146

1,371
68
1,084
153

10,662
4,^47
8,092
5,140
8,654
3, 864
4,790
1.00
.46
4.75
366
5,651

10, 709
4,521
8,082
5,126
8,642
3,874
4,768
1.00
1.25
4.76
343
5,689

10, 642
4,492
8,156
5,203
8,530
3, 811
4,719
1.00
.85
4.57
265
5,746

10,022
4,484
6,711
3,843
9,529
4,066
5,463
2.00
1.50
3.55
636
5,751

10,148
4,472
6,732
3,857
9,648
4, 076
5,572
2.00
1.50
3.55
650
5,745

1.50
1.50
4.84
469
4,817

1.50
1.50
4.85
428
4,828

2.00
3.50
4.87
510
4,436

2.25
3.46
4.86
452
4,470

8.50
8.00
4.85
400
4,734

9.50
7.88
4.85
376
4,775

89,100
88.49
42,335
88.62
81.9
85.0
99.0
53.9

83,900
88.08
30,186
94.49
83.4
86.6
101.0
54.5

67,400
87.22
29,055
94.63
81.9
84.8
99.4
54.3

52,460
72.24
4,446
38.66
35.2
35.2
54.0
15.7

59, 548
70.93
4,430
37.34
34.6
34.7
53.1
14.5

44,447
95.71
5,108
130. 90
94.7
87.0
152.6
71.2

59,675
95.77
8,161
130.86
98.5
90.2
158.0
75.0

41,505
95.74
10,380
201.10
150.1
140.8
216.9
123.9

45,119
95.56
14, 535
201.45
153.5
144.2
220.8
126.6

72, 579
93.23
19, 637
280. 72
210.3
202.8
288.3
164.0

69,065
93.32
23,030
281. 55
209.8
203 8
281.6
163.9

35,142
1,347
1,686
2,489
58
13,869

37,586
1,320
1,667
2,500
58

123, 512
1,609
1,723
2,897
96
25,776

115,075
1,562
1,727
2,894
96

26
74
3,962
3,558
233
316
928,271 1,102,553
145,335
169,606
42,165
67,793
64,155
64,733
22,351
24,124
233,173
258,039
62,009
80,678
359,083
428, 777

261
1,551
203
1,079,968
163,102
66,743
64,733
22,861
257,570
79,348
425,611

263
490
48
29.688
11,166

237
496
48
17,840
9,282

PRODUCTION, CONSTRUCTION, AND DISProduction:
TBIBUTION
Automobiles (Cram's estimate)
number.. 63,137
45, 760
60,944
41,915
58,489
58,002
46,375
693
1,131
733
1,126
Bituminous coal (daily av.)
thous. of short tons..
1,106
1,203
1,161
1,434
1,416
1,645
1,651
1,539
1,654
1,648
Electric power
_ _.mills, ofkw.-hrs..
2,155
2,447
2,206
2,487
2,633
2,596
2,673
Petroleum
thous. of bbls..
16
31
54
16
33
56
56
Steel ingots contract awards (da. percent
of capacity..
5,122
5,875
10, 662
3,588
Construction
av.).thous.
of dolls. _
Distribution:
Exports:
44
22
10
75
137
175
780
Corn .
.
thous. of bu_.
321
2,553
1,998
4
3
111
6
Wheat
thous. of bu._
62
244
183
43
34
35
45
Wheat
flour
thous. of bbls .
Freight-car loadings, total . .
cars.. 648,914 648,206 539,223 501,912 503,761 742,481 757,989
72, 793
117,223
113,520
96,632
79,179
Coal and coke _. cars.. 122,863 119,754
14, 930
27,742
21,440
15,649
27,133
28,075
Forest products
_ __ cars . 28,704
42,227
52,846
44, 940
41,186
60,824
51,389
Grain and products
._
.
cars.. 48,904
14,195
13,483
16,618
18,310
19,594
15,537
15,653
Livestock
cars
Merchandise, 1 c 1
- cars 171,468 170,666 146,331 167,496 166, 935 212,115 215,539
6,622
6,539
16, 358
36,900
23, 620
35,848
Ore
cars.. 26.248
Miscellaneous - cars.. 235,074 239,165 200, 039 177, 585 183, 719 279,006 283,870
Receipts:
219
226
218
233
Cattle and calves
thousands
422
330
383
360
Hogs
thousands
62
192
184
51
53
55
207
Cotton, into sight thous. of bales..
12,023
9,642
26,200
29,097
9,366
5,488
Wheat, at primary markets
thous. of bu._ 11,682
5,405
9,832
32,129
11,197
27,873
18,107
Wool, at Boston, total
thous. of lbs.. 28,166
§ Statistics cover 90 cities. Comparablefiguresnot available prior to 1932 but adjustment has been made in indexes above.




1929

July 23

25
2f782
203
919,301
149,017
41,607
63,627
18,772
230,970
60,381
354,927
211
423
30
32, 348
22,807

268
483
43
23, 568
13,504

July 20

22

SURVEY OF CURRENT BUSINESS

August 1933

Monthly Business Statistics
The following summary shows the trend of industrial, commercial, and financial statistics for the past 13
months. Statistics through December 1931 for all series except those marked with an asterisk (*) will be
found in the 1932 Annual Supplement to the Survey of Current Business, together with an explanation of the
sources and basis of the figures quoted. Series so marked represent additions since the Annual was issued and
similar information, if published, will be found in the places noted at the bottom of each page. Later data will
be found in the Weekly Supplement to the Survey.
Monthly statistics through December 1931,
together with explanatory footnotes and references to the sources of the data, may be found
in the 1932 Annual Supplement to the Survey

1932

1933

June

June

July

August Septem-

1933
OctQber

Novem- Decem- January February
ber
ber

March

April

May

BUSINESS INDEXES
BUSINESS ACTIVITY (Annalist)
Combined index
normal=100..
Automobile production
normal= 100..
Bituminous coal production...normal=100..
Boot and shoe production
normal=100_.
Carloadings, freight
normal=100_.
Cotton consumption
normal=100_.
Electric power production
normal=100..
Pig-iron production
.
normal = 100,.
Steel ingot production
normal = 100..
Wool consumption
normal=100_.
Zinc production
normal=100_.

52.9
47.3
44.5
86.1
50.1
57.5
68.4
19.7
20.2
45.3
34.7

52.0
31.6
45.1
83.4
48.8
57.4
67.3
18.0
19.3
65.1
31.2

55.5
24.6
49.9
91.1
48.9
75.3
67.5
16.7
18.3
87.1
28.2

60.4
25.4
57.0
101.4
52.4
89.0
68.3
19.7
22.4
95.5
28.1

60.0
17.5
64.5
100.4
56.0
83.4
66.2
20.9
23.9
84.8
30.8

59.7
28.2
64.3
94.5
55.3
81.4
67.0
21.4
23.9
81.4
32.6

59.2
52.8
65.1
83.5
56.5
75.8
65.7
18.3
20.8
81.0
36.1

57.2
47.7
54.7
87.9
54.3
74.6
63.1
18.3
22.1
72.6

56.5
31.7
61.0
95.3
53.1
72.1
63.5
18.5
23.1
70.6
40.0

52.9
27.2
52.8
88.9
49.3
72.9
62.2
15.5
16.2
51.4
40.0

59
59
54
65
"82
62
25
79
27
85
146
129
100
59
128
61
37
40
6
50
107
44
36
59
58
47
52
83
61
°26
82
26
85
146
107
80
63
118
63
42
45
3
49
105
45
38

56
55
34
61
80
36
23
76
25
80
141
87
79
64
123
62
45
42
15
29
106
34
31
58
57
33
50
81
36
25
77
25

59
58
26
62
78
21
23
94
25
81
135
68
33
86
115

65
63
18
53
87
57
29
85
20
89
138
55
119
95
106
78
67
74
6
47
105
39
35
65
63
31
53
83
59
31
89
21
87
138
73
136
92
104
75
65
66
7
45
106
37
35

60
58
32
34
86
54
24
73
20
81
132
46
60
86
91
72
74
70

65
63
35
24
89
68
32
92
20
88
132
58
129
88
104
76
68
67

61
59
34
29
90
59
24
87
23
86
135
45
112
78
94
74
63
51

57
34
99
61
39
91
26
88
140
76
31
88
107
65
45
46

46
102
36
42
65
64

45
108
36
47
67
66
44
35
105

29
85
26
86
132
59
91
87
113
73
53
57

41
108
33
47
64
62
33
41
89
63
31
90
20
85
132
54
181
83
115
79
64
63

46
120
48
47
60
57
27
40
91

54
69
114
64
55
46
8
31
104
40
34

68
66
15
63
89
50
30
104
25
94
137
60
158
102
112
80
79
74
22
39
104
36
32
67
65
16
55
89
50
31
94
24
91
137
68
216
99
104
74
61
67
13
38
103
36
33

64
63
40
23
94
78
28
79
23
84
132
54
64
92
107
71
57

49
17
32
106
40
29
60
59
23
48
83
21
23
84
23
84
135
68
22
90
108
65
48
50
8
33
104
41
31

67
66
26
67
93
43
27
107
23
89
133
61
84
104
123
73
62
61
15
39
108
34
29
66
66
24
54
95
43
28
93
23
88
133
64
84
104
111
70
61
58
8
41
104
36
31

21
85
22
85
135
41
144
76
99
81
77
51

35
94
24
85
140
65
32
85
116
72
44
55

39

45
107
36
40

40
110
30
44

45
122
44
44

45
108
36
45

101.0
102.4
104.3
95.7

78.1
68.5
67.3
80.2
83.7
91.6

79.2
70.0
66.2
75.4
85.3
88.7

73.5
68.4
67.7
66.8
87.9
89.4

84.0
83.8
80.5
74.8
108.5
96.0

85.1
86.8
90.2
75.4
103.8
96.8

87.7
91.3
84.0
78.5
104.4
101.3

79.4
83.3
75.2
72.1
94.1
93.8

81.9
85.7
75.5
76.3
90.1
100.0

85.8
91.8
79.8
80.5
99.3
102.0

75.3
80.8
70.2
67.8
85.9
95.8

84.4
86.3
73.8
79.8
«99.8

101.0

78.1

79.2

73.5

84.0

85.1

87.7

79.4

81.9

85.8

75.3

62.3

65.9

58.0

33.7

36.5

37.7

47.3

56.2

59.2

61.2

42.6

130.7
130.8
100.2
93.5

123.8
118.4
65.7
70.0

124.9
122.0
73.7
69.2

116.6
123.2
82.2

126.8
129.5
93.7
80.6

129.0
118.3
93.7
88.5

130.1
121.3
95.4
96.2

124.3
103.2
79.8
83.5

126.0
107.5
83.6
90.4

130.0
112.5
95.0
91.0

115.6
101.5
81.4
84.7

76.0
55.0
65.6
123.6
58.9
125.8
71.2
39.9
57.5
51. 6

»57.4

M0.9

55.7
»98.0
53.0
75.3
"63.0
18.1
27.6
67.5
42.0

«47.9
"57.9
120.2
54.7
100.7
«66.9
25.7
39.8
112.4
42.4

INDUSTRIAL PRODUCTION (F.R.B.)
Total, unadjusted
__.
Manufactures unadjusted
Automobiles
Cement
Food products
Glass, plate
Iron and steel
Leather and shoes
Lumber
Paper and printing
Petroleum refining
Rubber tires and tubes
Shipbuilding..
Textiles
Tobacco manufactures
Minerals, unadjusted
AnthraciteBituminous coal..
Iron ore shipments
Lead
Petroleum, crude.
Silver
Zinc
Total, adjusted
Manufactures, adjusted _ _
Automobiles
Cement..Food products
Glass, plate....
Iron and steel
Leather and shoes
Lumber
Paper and printing
Petroleum refining
Rubber tires and tubes
Shipbuilding
Textiles
Tobacco manufactures
Minerals, adjusted
Anthracite
Bituminous coal
Iron ore shipments
Lead
Petroleum, crude
Silver
Zinc

1923-25=100..
1923-25= 1001923-25=100..
1923-35=100..
1923-25=100..
1923-25=100..
1923-25=100..
1923-25=100..
1923-25=100..
.1923-25=100..
1923-25=100..
1923-25=100..
1923-25=100.
.1923-25=100..
1923-25=100..
1923-25=100. .
1923-25=100..
__ 1923-25=100..
1923-25=100..
-1923-25=100.
1923-25=100.
1923-25=100..
1923-25=100.
1923-25=100.
1923-25=100.
.1923-25=100.
1923-25=100.
..1923-25=100.
.1923-25=100.
1923-25=100.
1923-25=100.
1923-25=100.
1923-25=100.
1923-25=100.
1923-25 = 100.
1923-25 = 100.
1923-25 = 100.
..1923-25 = 100.
1923-25 = 100.
1923-25 = 100.
1923-25 = 100.
1923-25=100.
1923-25=100.
1923-25 = l00_
1923-25 = 100.
1923-25=100.

90
75
64
101
120
72
103
40

126
147
80
56
56
30
42
132
""~53
89
90
66
51
101
"""72
108

133
135
83
65
63
15
41
130

132
67
78
91
112
76
75

64
50
53
«99
32
87
147
118
31
106
145
«76
43
50
21
36
137
35
46
a 77
a 77
51
42
49
• 107
30
85
147
94
106
143
78
43
57
14
37
>134
36
46
a

INDUSTRIAL CONSUMPTION OF
ELECTRICAL ENERGY
Consumption by geographic sections:
Total, United States
1923-25=100..
Middle Atlantic
1923-25 = 100..
New England
1923-25 = 100..
North Central
1923-25=100..
Southern
1923-25=100..
Western...
_
..1923-25=100.
Consumption by industries:
Total, all industries...
...1923-25=100..
Automobiles, including parts and accessories
1923-25=100.
Chemicals and allied products
1923-25=100..
Food products
1923-25=100..
Leather and products
1923-25=100..
Lumber and products
1923-25=100..
° Revised.




1

103.2
84.4
54.8
121.0
119.7
82.5
89.5

"92.9
"97.3
°85.7
"89.1
104.3
103.2
91.3
58.9
126.6
123.2
93.5
87.2

23

SURVEY OF CURRENT BUSINESS

August 1933
Monthly statistics through December 1931,
together with explanatory footnotes and references to the sources of the data, may be found
in the 1932 Annual Supplement to the Survey

1933

1933

June

June

July

1933

Decem- January
October NovemAugust September
ber
ber

February

March

April

May

BUSINESS INDEXES—Continued
INDUSTRIAL CONSUMPTION OF
ELECTRICAL ENERGY-Continued
Consumption by industries—Continued
Metals, group
1923-25=100.
Electrical apparatus
1923-25 = 100.
Metal-working plants...
1923-25=100.
Rolling mills and steel plants
1923-25=100Paper and pulp
1923-25=100Rubber and products
1923-25=100Shipbuilding
1923-25=100Stone, clay, and glass
1923-25=100.
Textiles
.1923-25=100.

"72.1

54.1
83.1
53.0

50.7
79.2
50.2

44.0
67.6
45.0

50.6
81.4
51.8

58.0
89.4
55.3

«65.5
96.8
°63.7

76.5
121.8
136.4
75.7
97.2
115.2

55.8
95.8
120.7
85.1
87.1
55.2

51.2
94.5
95.6
82.5
77.5
54.0

44.7
94.7
76.4
77.9
71.8
65.7

51.3
107.4
87.7
84.0
90.3
86.7

62.3
102.3
,82.0
73.0
74.5
86.0

112.0
* 124.5
71.3
<*90.0
96.4

91
102
144
79
108
399
81
62
65
100
103

65
88
143
67
99
212
41
19
61
33
110
53
19
52
104
63

66
80
117
61
76
384
51
10
71
81
70
55
13
53
114
64

79
85
106
73
78
322
71
44
85
102
46
55
14
54
107
61

102
81
88
77
72
213
124
173
101
98
75
52
17
49
89
70

72
86
97
68
137
49
58
42
74
60
83
«57
25
53

92
103
131
79
153
131
80
«58
111
90
86
60
27
57
122
80

30
34
17
68
35
80
1
30
38
17
31
24
27
42

27
26
19
68
39
62
0
29
37
16
24
24
32
38

37
27
23
76
36
111
0
32
37
21
37
23
45
34

45
34
27
83
34
135
10
33
38
23
55
22
49
23

a 40
41
19
71
36
• 119
0
« 30
36
20
34
a
24
"58
4

56
53
32
77
38
164

137
104
118
98
94
103
83
202
136
58
180
79
161
91
168
123
207

132
104
120
98
98
91
83
205
128
72
174
75
153
88
162
128
193

134
102
116
92
98
87
83
201
138
75
155
74
157
90
175
125
189

143
100
121
84
98
91
83
205
127
69
146
74
112
180
122
217

133
95
119
68
101
81
83
207
81
76
161
74
161
93
1C0
78
226

134
96
«112
tt
79
101
83
82
201
90
a 77
158
72
<* 1 6 1
90
171
84
213

285
487
251
325
249
341
119
235
240

274
M62
264
311
214
327
128
236
204

268
M32
268
323
206
314
130
226
189

262
M28
244
325
204
311
136
229
198

267
362
236
"331
225
348
167
204
208

255
326
217
344
171
201
208

71.5
60.7
61.9
84.6
64.0
89.3

72.1
60.7
64.1
82.8
63.5
89.4

73.0

MARKETINGS
Agricultural products*
Animal products
Dairy products
Livestock
._
Poultry and eggs
Wool
Crops
Cotton
Fruits
Grains
Vegetables
Forest products
Distilled wood
Lumber
Naval stores
Pulpwood

1923-25=100.
1923-25=100.
1923-25 = 100.
._._ 1923-25=100.
1923-25=100.
—
1923-25 = 100.
.1923-25 = 100.
1923-25=100.
..1923-25=100.
.1923-25=100.
1923-25=100.
1923-25=100.
1923-25=100.
..1923-25=100.
.1923-25 = 100.
1923-25=100.

ORDERS
Orders, new
_
1923-25=100.
Iron and steel
1923-25=100.
Lumber and products
1923-25=100.
Paper
___
_
1923-25=100.
Stone, clay, and glass
..1923-25=100.
Textiles
_
1923-25=100.
Transportation equipment
1923-25=100.
Orders, unfilled
1923-25=100.
Iron and steel
..1923-25=100_
Furniture and
flooring.
..1923-25=100.
Paper
1923-25=100.
Brick and glass..
...1923-25=100.
Textiles
..1923-25=100.
Transportation equipment
1923-25=100.
STOCKS
Domestic stocks.._
_
1923-25=100.
Manufactured goods
1923-25=100.
Chemicals and allied prod...1923-25=100.
Food products
1923-25=100.
Forest products
1923-25=100.
Iron and steel products
1923-25=100.
Leather
1923-25=100.
Metals, nonferrous
1923-25=100.
Paper, newsprint
__ 1923-25 = 100.
Rubber products
1923-25=100.
Stone, clay, and glass
1923-25=100.
Textiles..
1923-25=100.
Raw materials
1923-25=100.
Chemicals and allied prod. __ 1923-25=100.
Foodstuffs
1923-25 = 100.
Metals
1923-25=100.
Textile materials
1923-25=100.
World stocks—foodstuffs and raw materials:
Total
1923-25 = 100.
Coffee—adj. for seasonal
1923-25=100.
Cotton—adi. for seasonal
1923-25=100.
Rubber—adj. for seasonal
1923-25 = 100.
Silk—adj. for seasonal
1923-25 = 100.
Sugar—adj. for seasonal
1923-25 = 100.
Tea—adj. for seasonal
1923-25 = 100.
Tin—unadjusted
1923-25=100.
Wheat—adj. for seasonal
1923-25 = 100.

136
98
104
105
94
97
81
185
84
75
156
77
163
85
189
84
197

173

35
37
27
35
24
72

COMMODITY PRICES
COST OF LIVING (N.I.C.B.)
Total, all groups...
Clothing
Food...
Fuel and light
Housing
Sundries

1923=100
1923=100..
1923 = 100.
1923=100.
1923=100.
1923=100.

72.8
61.6
66.2
82.2
63.4
89.3

77.2
65.7
68.5
85.6
72.4
93.1

77.0
64.8
69.1
85.3
71.7
92.8

76.8
64.3
69.0
85.5
71.2
92.8

76.6
64.2
68.7
86.0
70.5
92.6

76.1
64.4
68.7
86.3
69.6
91.4

75.6
64.0
68.0
86.5
68.7
91.5

75.1
63.5
67.6
86.3
67.5
91.3

73.7
62.6
64.9
86.0
66.4
90.7

72.1
61.8
62.2
85.9
65.4
89.4

71.8
61.2
61.9
85.8
64.6
89.4

FARM PRICES (Dept. of Agri.)§
62
52
54
50
53
56
51
49
59
59
52
57
64
Total, all groups
1909-14=100.
65
51
47
43
45
44
48
49
57
69
Cotton and cottonseed
1909-14=100.
37
41
51
63
62
59
59
69
68
68
68
67
65
62
63
65
Dairy products *
1909-14=100.
68
59
59
57
60
66
59
57
74
68
Fruits and vegetables...
1909-14=100.
82
83
79
'62
34
34
36
47
41
36
34
33
63
Grains
1909-14=100.
44
42
43
65
52
53
56
57
51
57
60
67
66
Meat animals
1909-14=100.
57
72
69
62
96
57
54
56
84
102
115
121
75
Poultry products *
....1909-14=100.
55
59
65
47
42
44
43
45
46
44
43
44
40
Unclassified
1909-14=100.
48
40
38
a
b
Revised.
Estimated.
* New series. See p. 18 of the March 1933 issue (marketings) and p. 20 of May 1933 issue (prices).
§ Data for July 15: Total, 76, cotton and cottonseed 84, dairy products 71: fruits and vegetables 103, grain 94, meat animals 66, poultry products 67, unclassified 51.




24

SURVEY OF CURRENT BUSINESS

Monthly statistics through December 1931
together with explanatory footnotes and references to the sources of the data, may be found
in the 1932 Annual Supplement to the Survey

August 1933
1933

1933

1933

June

June

July

Decem- January FebruOctober NovemAugust September
ber
ber
ary

March

April

May

COMMODITY PRICES—Continued
RETAIL PRICES
Department of Labor indexes:
Coal
1913=100..
Food
1913=100j? aircnnu lnaex.
Combined index*
Dec. 1930=100..
Apparel r
Infants' wear*
Dec. 1930=100—
Men's*
Dec. 1930=100Women's*
Dec. 1930=100..
Home furnishings*
Dec. 1930=100—
Piece goods*
Dec. 1930=100WHOLESALE

152
97

166
100

166
101

168
101

171
100

172
100

172
99

173

172

99

95

72.3

75.1

74.0

73.6

73.6

73.3

72.6

71.8

78.7
71.8
73.7
72.8
69.6

79.5
77.2
76.2
76.2
71.5

78.4
75.8
75.0
75.2
69.8

78.5
74.7
74.9
74.8
70.7

77.9
74.6
75.4
74.9
71.1

77.2
74.5
75.4
74.2
70.9

76.9
73.9
74.3
74.0
70.3

77.1
73.0
74.1
73.0
69.6

171
91

170
91

164
90

71.1

69.9

69.7

69.4

70.4

77.2
72.4
72.7
72.5
67.7

76.7
71.6
71.9
71.5
66.1

76.4
71.2
71.7
70.9
65.8

76.4
70.7
71.8
70.2
65.1

77.5
71.0
72.3
71.1
67.2

155
94

PRICES

Department of Labor index:
Combined index (784)

1926=100..

JuCODOmiC ClaSSGS.

65.0

63.9

64.5

65.2

65.3

64.4

63.9

62.6

61.0

59.8

60.2

60.4

62.7

69.0
56.2
65.3
53 2
57.4
46.6
61.2
63.1
63.9
52.4
68.9
74.4
77.0
81.8
67.4
73.7
81.5
55.5
68.0
61.5

70.0
53.2
57.6
45.7
37.7
46.7
58.8
57.4
62.4
56.0
70.1
70.8
76.1
77.1
57.6
73.1
78.6
58.3
68.0
71.6
105.5
106.3
48.2
70.8
87.5
32.5
58.7
74.7
74.0
75.4
79.9
79.8
47.5

70.5
54.7
55.5
47.9
36.7
54.1
60.9
58.2
59.7
62.0
69.7
69.7
75.9
77.3
56.9
73.0
78.9
57.6
66.8
72.3
105.8
108.3
49.7
68.6
84.4
33.5
60.0
74.0
73.0
75.1
79.2
77.2
47.0

70.7
55.7
57.9
49.1
38.2
52.8
61.8
60.2
55.6
61.9
70.1
69.6
75.2
79.0
55.5
73.3
79.7
57.0
66.4
72.1
104.4
107.0
48.9
69.7
84.4
39.3
60.0
73.6
72.6
74.8
80.1
78.7
48.5

70.4
56.2
60.7
49.1
37.4
51.2
61.8
60.6
52.5
60.9
70.4
70.5
75.4
79.0
56.3
72.9
79.8
56.6
63.6
70.8
103.4
107.6
46.7
72.2
84.4
48.2
63.2
73.7
72.7
74.7
80.1
79.7
51.6

69.6
54.6
60.7
46.9
34.4
45.0
60.5
60.5
52.2
56.4
70.2
70.7
75.3
79.0
56.6
72.7
79.8
55.9
63.4
71.1
104.6
104.4
47.4
72.8
84.6
49.6
64.1
73.7
72.8
74.7
80.3
80.4
50.7

69.3
54.2
58.9
46.7
33.2
41.9
60.6
62.3
52.4
53.7
69.8
70.7
75.4
79.0
56.6
72.4
7,9.7
5o. 0
63.5
71.4
103.1
100.0
48.2
71.4
84.2
46.1
61.9
73.7
72.7
74.7
79.6
79.4
49.1

68.4
52.1
57.7
44.1
31.7
38.7
58.3
59.5
52.8
49.4
69.0
70.8
75.1
81.1
56.5
72.3
79.7
54.7
63.1
69.3
104.1
96.5
45.0
69.6
83.8
41.7
59.2
73.6
72.7
74.7
79.4
78.8
48.3

66.7
50.2
56.9
42.6
32.9
37.8
55.8
55.2
53.0
49.5
67.3
70.1
74.9
81.2
55.9
71.6
79.3
54.9
62.3
66.0
103.2
96.7
38.7
68.9
83.3
43.0
57.1
72.9
72.3
73.5
78.2
78.5
46.4

65.7
48.4
56.3
40 9
32.7
40.1
53.7
52.4
52.4
50.2
66.0
69.8
75.1
81.8
56.4
71.3
79.0
54.8
61.5
63.6
102.9
96.6
34.3
68.0
83.3
40.9
55.3
72.3
71.9
72.9
77.4
77.3
46.2

65.7
49.4
56.9
42 8
36.0
43.0
54.6
50.9
54.3
50.5
65.8
70.3
74.9
81.8
57.8
71.2
79.3
54.8
61.9
62.9
100.5
96.6
33.1
68.1
83.2
41.4
55.6
72.2
71.8
72.9
77.2
76.4
47.9

65.7
50.0
57.3
44.5
44.8
41.0
56.1
53.1
57.8
50.3
65.3
70.2
75.0
81.8
57.9
71.4
79.5
54.6
62.9
61.5
98.3
97.5
32.5
69.4
DO
n
45^8
57.2
71.5
71.5
71.7
76.9
75.7
49.2

67.2
53.7
61.3
50 2
52.8
46.8
59.4
58.8
58.8
52.3
66.5
71.4
75.2
81.8
59.6
73.2
80.9
55.0
66.8
60.4
94.6
103.3
31.2
76.9
83.6
67.3
68.3
71.7
71.6
72.0
77.7
75.2
56.6

66.7
52.7
°62.2
51.0
49.6
27.5
55.0
64.2
39.6
76.2

67.1
51.5
66.0
50.0
47.8
26.2
53.6
64.3
40.1
76.2

67.1
52.7
66.0
52.6
48.5
29.5
53.4
64.6
40.1
76.3

66.8
55.6
67.3
57.9
50.4
32.6
56.7
64.7
42.7
75.5

67.5
55.0
62.5
56.2
50.9
30.8
56.5
64.1
44.6
73.4

67.5
53.9
62.2
53.6
51.0
29.5
55.3
63.7
44.6
73.4

67.5
53.0
62.5
51.7
49.3
29.3
54.2
63.4
44.6
73.0

62.8
51.9
61.9
50.1
48.4
27.0
53.4
61.2
44.6
72.0

59 4
51.2
61.2
49.1
48.3
25.6
53.2
59.2
42.6
72.1

59.4
51.3
61.3
50.0
47.1
25.5
53.2
58.9
41.3
72.2

59.4
51.8
61.4
50.7
47.2
26.3
53.3
57.8
37.4
70.6

61.3
55.9
61.9
57.9
48.0
29.1
61.5
58.9
37.6
70.7

52.1
66.4

52.6
68.3

55.5
71.1

56.3
72.4

53.9
71.4

53.3
71.0

52.6
69.0

50.6
68.1

49.2
67.7

50.6
68.0

54.1
70.8

62.1
74.2

24.8
50.4
37.2
19.5

26.6
51.4
36.5
21.3

30.5
59.8
37.7
27.2

32.6
73.2
43.2
28.3

30.1
62.8
41.4
24.3

27.8
52.4
37.1
22.8

25.7
51.9
34.8
21.7

25.1
48.4
34 6
22.8

24.9
47.0
34.6
22.4

27.0
47.0
36.2
25.7

28 6
44.5
39. 0
25.4

34.2
46.5
48.4
11.6
22.2
32.7
39.6
71.4
38.8

Finished products
1926=100—
Raw materials
1926=100—
Semimanufactures
1926=100..
Farm products
1926=100
Grains
1926=100—
Livestock and poultry
1926=100—
Foods
1926=100Dairy products
1926=100—
Fruits and vegetables
1926=100Meats
1926=100Other products
1926=100—
Building materials
1926= 100—
Brick and tile
1926=100—
Cement
1926=100—
Lumber....
1926=100Chemicals and drugs
1926=100—
Chemicals
1926=100—
Drugs and Pharmaceuticals.1926= 100—
Fertilizer materials
1926=100—
Fuel and lighting
1926=100—
Electricity
1926=100 .
Gas
1926=100—
Petroleum products
1926= 100.. ""'34.T
82.4
Hides and leather
1926=10085.5
Boots and shoes
1926=100 .
81.4
Hides and skins
1926=100—
74.3
Leather
1926=10073.4
House furnishing goods
1926=100—
73.4
Furniture
1926=100—
73.6
Furnishings
1926=10079.3
Metals and metal products...1926=100—
76.2
Iron and steel
1926=100..
63.2
Metals, nonferrous
1926=100 _
Plumbing a n d h e a t i n g
equipment
1926=100—
67.4
Textile products..
1926=10061.5
Clothing
1926=100..
64.5
Cotton
1926=100—
67.1
Knit goods
1926=100—
50.9
Silk and rayon—
1926=100—
35.2
Woolens and worsted
1926= 100—
68.8
Miscellaneous
_
1926= 100—
60.8
Auto tires and tubes
1926=100..
40.1
Paper and pulp
1926=10073.5
Other wholesale price indexes:
Bradstreet 's (96)
1926=100
64.5
Dun's (300)..
1926=100—
79.1
World prices, foodstuffs and raw materials:
Combined index*
1923-25=100 .
37.6
Coffee*
1923-25=100..
45.5
Copper*
1923-25=100
56.2
Cotton*
1923-25=100
35.3
Rubber*
1923-25=10014.4
30.1
Silk*
1923-25=10034.7
Sugar*
1923-25=10042.3
Tea*
_
1923-25=10087.9
Tin*
1923-25=10039.9
Wheat*
1923-25=100..
Wholesale prices, actual. (See under respective commodities.)

6.2

6.8

8.5

9.0

8.5

8.1

7.7

7.2

6.9

7.0

8.3

16.7
18.7
28.3
39.1
35.0

17.2
25.9
27.3
41.6
34.3

23.0
28.4
30.5
45.7
36.2

25.2
28.4
33.3
49.3
37.5

23.4
28.2
36.3
47.6
35.0

21.8
26.4
33.6
46.4
33.1

21.7
20.9
28.0
45.1
31.2

18.2
18.0
29.2
45.2
32.0

16.8
18.5
40.0
46.7
30.0

16.5
23.9
39.8
48.4
30.1

18.5
27.9
38.1
54.0
32.9

3L6

CONSTRUCTION AND REAL ESTATE
CONSTRUCTION CONTRACTS
AWARDED
Contracts awarded, F.R.B.:

Total, unadjusted
1923-25=10022
32
31
32
Residential
1923-25=10015
12
12
11
Total, adjusted
1923-25=10019
27
27
30
Residential
1923-25=100..
14
11
11
12
F . W. Dodge Corporation (37 States):
Total, all types:
Projects
number..
9,186
7,151
7,008
7,185
Floor space
thous. of sq. ft.. 16,176 12,296 14,399 13,864
Valuation
thous. of dolls.. 102,980 113,075 128,769 133,988
Nonresidential buildings:
Projects
number..
3,082
2,093
2,064
2,180
Floor space
thous. of sq. ft._
7,137
6,395
8,678
8,114
Valuation
thous. of dolls.. 50,774 39,813 48,982 49,071
• New series. For earlier data see p . 19 of the December 1932 issue (Fairchild




30
12
30
12

28
12
29
12

24
10
27
10

22
8
28
9

18
7
22
8

16
7
19
8

14
8
14
8

16
11
14
10

7,152
6,483
13,514
11.034
127,527 107,274

5,266
12,068
105,302

4,205
6,949
81,219

3,800
8,453
83,356

3,884
7,382
52,712

6,303
9,890
59,959

7,254
10,870
56,573

9,409
15,277
77,172

1,532
4,085
23,670
prices).

2,254
5,000
26,359

2,535
4,972
23,807
« Revised.

3,152
6,525
31,639

1,921
1,792
1,582
1,363
1,466
6,721
4,912
6,036
3,331
4,460
35,997 26,917 31,845 24,945 28,732
index) and p . 20 of September 1932 issue (world

« 19
«13
«16
11

25

SUKVEY OF CURRENT BUSINESS

August 1933
Monthly statistics through December 1931,
together with explanatory footnotes and references to the sources of the data, may be found
in the 1932 Annual Supplement to the Survey

1933

June

1932

June

July

August

1933

Septem- October Novem- Decem- January February
ber
ber
ber

March

April

May

CONSTRUCTION AND REAL ESTATE—Continued
CONSTRUCTION CONTRACTS
AWARDED—Continued
F. W. Dodge Corporation (37 States)—Con.
Public works and utilities:
1,097
1,724
Projects
number.
1,876
730
106
Floor space
thous. of sq. ft.
265
Valuation
thous. of dolls.. 24,438 50,146
60,046
Residential buildings:
3,334
Projects
.number.
3,068
5,007
5,794
8,309
5,456
Floor space,thous. of sq. ft..
Valuation
__
thous. of dolls.. 27, 768 23,116
19,741
Engineering construction:^
Total contracts awarded (E.N.R.)
thous. of dolls.. 104,200 118,587 120,458

1,685
205
64,150

1,745
243
68,725

1,378
138
58,501

1,082
543
54,212

939
181
43,317

540
832
42,674

466
148
17,237

851
117
17,578

685
85
13,623

958
400
19,013

3,320
5,545
20,* 767

6, 550
22,804

3,313
5,984
21,856

2,602
5,490
19,245

1,903
3,437
12,958

1,794
3,160
11,951

1,886
3,149
11,805

3,198
4,773
16,021

4,034
5,814
19,144

5,299
8,352
26,520

81,634

114, 487

100,812

100,443

103,360

95,392

60,513

57,934

49,393

79,198

7,236
6,230

12,275
11,137

12, 653
10,690

6,712
5,667

8,002
7,592

5,649
4,638

5,387
5,129

1,440
1,280

1,696
1,478

570
379

1,902
1,633

60, 697
49, 676
28,014
22, 516
i:4,076
3,538
1,647
t 2, 111
1,891
, 1,965
I
234,043 240,857
109, 230 112, 630
10,512
11, 237
!
7,885
8,304
2, 627
2,934
101,032 101,191

56,154
19, 285
3,821
2,025
1,795

58,319
18, 394
3,691
2,339
1,353

56,058
17, 378
3,570
2,498
1,072

51,976
15,619
3,228
2,249
t ' 978

45,085
13, 314
2,682
1,911
770

40,180
11,903
2,489
1,881

33,050
9,816
2,218
1,660
558

25,738
7,498
1,959
1,408
551

13,127
3,938
1,151
783

8,371
2,642
762
507
255

242,175
112, 686
11,518
8,260
3,258
101, 505

260,943
115, 528
13, 268
9,116
4,152
101,124

255,315
107,152
13, 224
8,966
4,258
102, 361

250, 724
101,098
12, 978
9,152
3,826
103,874

250,978
98, 257
13, 349
9,353
3,996
104, 562

252,372 260,185 265, 678
95,884 97,337 98,311 97,551
13,301 13, 561 13,855 14, 209
9,347
9,550
9,628
9,709
3,953
4,011
4,228
4,500
105, 055 105,412 105, 645 105,835

260, 736

HIGHWAY CONSTRUCTION
Concrete pavement contract awards:
Total
_
thous. of sq. yd..
Roads only
_
thous. of sq. yd..
Federal-aid highways:
Approved for construction:
Estimated total cost.
thous. of dolls..
Federal-aid allotment
thous. of dolls..
Mileage, total
number..
Initial
number..
Stage (added improvement) _. .number..
Under construction:
Estimated total cost.
thous. of dolls..
Federal-aid allotment
thous. of dolls..
Mileage, total
number..
Initial
number..
Stage (added improvement)...number..
Mileage completed to date..
number..
Balance of Federal-aid funds for new construction
thous. of dolls..

1,861
1,547
8,996
3,067
759
523
237
242,107
86,141
12,384
8,397
3,986
107,869

11,068
10,038

13, 657
9,258
4,400
106,554

15,190

61, 720

56,836

51,425

42, 075

33,593

25, 583

20,294

18,075

15,746

14, 550

15, 622

16,317

141
161
163.4

151
164
152.2

150
163
153.4

149
162
156.8

149
158.0

147
163
159.2

146
163
158.2

145
163
158.5

142
163
158.4

141
163
159.3

140
163
158.4

140
158
160.2

140
158
164.4

148
167

149

150

153
166

153

152

152
166

151
165

153

168~

157
150

154
148

155
148

155
149

153
148

154
148

153
149

152
147

151
146

153
147

150
143

150
145

34,339

32,982

31, 426

30,972

30, 734

31,168

39,191

35,548

36,661

35, 321

27,826

24,339

55.2

47.2

54.2

53.4

50.1

52.9

50.4

57.2

41.7

41.1

CONSTRUCTION COSTS
Building costs—all types (American Appraisal
Co.)*
1913=100-.
Building costs—all types (A.O.C.). A913 = 100..
Building costs—all types (E.N.R.)\. 1913 = 100..
Building costs—electric light and power construction (Rickey)*
_..1913=100._
Building costs—factory (Aberthaw). 1914=100..
Building material costs:
Brick house, 6-room
1913=100..
Frame house, 6-room
1913=100..

(#)
(#)

163

MISCELLANEOUS DATA
Construction—employment and wages:
Employment, Ohio. (See Employment.)
Wages, road building. (See Employment.)
Fire losses, United States
thous. of dolls..
Ship construction. (See Trans. Equipment.)
Real estate:
Market activity
each month 1926=100..
New financing. (See Finance.)

21, 579

DOMESTIC TRADE
ADVERTISING
Radio broadcasting:
Cost of facilities, total
.thous. of dolls..
Automotive
..thous. of dolls..
Building materials
thous. of dolls..
Clothing and dry goods
thous. of dolls..
Confectionery.
__
thous. of dolls..
Drugs and toilet goods
thous. of dolls..
Financial..
_
-thous. of dolls..
Foods
thous. of dollsHouse furnishings
..thous. of dolls..
Machinery
thous. of dolls..
Paints and hardware
thous. of dolls..
Petroleum products
thous. of dolls..
Radios
,.
thous. of dolls..
Shoes and leather goods
thous. of dolls..
Soaps and housekeepers' supplies
thous. of dolls..
Sporting goods
thous. of dolls..
Stationery and publishers-thous. of dolls..
Tobacco manufactures
thous. of dolls..
Miscellaneous
thous. of dolls..
Magazine advertizing:
Cost, total—
thous. of dolls..
Automotive
thous. of dolls..
Building materials
thous. of dolls..
Clothing and dry goods—-thous. of dolls..
Confectionery
thous. of dolls..
Drugs and toilet goods
thous. of dolls..
Financial
thous. of dolls..

2,065
115
0
22
38
519
93
607
16
0
12
236
44
0

2,997
175
0
26
58
701
96
1,025
4
43
36
183
7
21

2,417
137
0
2
54
571
88
808
5
32
8
182
0
17

2,286
127
0
0
67
522
84
684
3
33
2
198
0
15

2,493
78
0
23
139
474
90
780
13
23
10
182
0
12

3,036
58
0
19
134
556
92
909
16
35
18
211
0
15

3,060
57
0
29
170
628
88
896
0
69
14
247
16
12

3,006
118
0
17
186
650
99
898
0
84
8
308
27
12

2,803
176
0
21
145
699
85
750
32
49
8
319
54
9

2,620
171
0
39
100
638
76
722
50
12
12
292
36
0

3,014
215
0
47
120
719
86
860
77
0
13
294
57
0

2,466
126
0
52
103
598
82
767
43
7
6
281
36
0

* 2,287
121
0
53
33
« 550
86
« 713
44
0
11
304
44
0

71
0
8
241
42

91
17
46
414
54

81
22
22
378
9

92
17
20
385
37

80
9
68
366
147

79
0
52
358
485

116
0
44
354
320

78
0
51
395
75

79
0
33
361
24

74
0
36
334
30

94
0
33
364
34

77
0
18
239
32

0
17
207
23

7,635
677
107
203
208
1,600
197

10,888
1,128
222
253
355
2,372
217

8,195
789
127
224
274
1,914
176

6,807
668
129
90
276
1,731
146

6,836
512
133
185
149
1, 761
149

8,293
567
202
222
163
1,805
200

9,053
535
195
198
170
2,305
229

7,827
375
146
162
128
1,896
212

5,569
421
111
106
108
1,257
198

8,236
1,164
128
150
55
2,181
191

8,670
834
150
241
98
2,453
196

9,285
962
172
244
144
2,324
204

9,106
779
192
268
166
2,029
177

1 Data for June, September, December 1932, March and June 1933 are for 5 weeks, other months 4 weeks.
* New; series. For earlier data see p. 19 of January 1933 issue (building costs, Richey), and p. 20 of this issue (building costs, American Appraisal Co.).
• Revised.
§ Index for July 1, 165.5.
# Compilation of basic data discontinued by department for reason of economy.
3583—33
4




26

SURVEY OF CURRENT BUSINESS

Monthly statistics through December 1931,
together with explanatory footnotes and references to the sources of the data, may be found
in the 1932 Annual Supplement to the Survey

1933
June

August 1933
1933

1932
June

July

Decem- January FebruAugust SeptemOctober Novemary
ber
ber
ber

March

April

May

DOMESTIC TRADE—Continued
ADVERTISING-Continued
Magazine advertising—Continued
Foods
thous. of dolls.Garden
thous. of dolls..
House furnishings
thous. of dolls..
Jewelry and silverware
thous. of dolls..
Machinery
thous. of dolls..
Office equipment
thous. of dolls..
Paints and hardware
thous. of dolls..
Petroleum products
thous. of dolls..
Radios
-thous. of dolls.Schools
thous. of dolls..
Shoes and leather goods
thous. of dolls..
Soaps and housekeepers' supplies
thous. of dolls..
Sporting goods
thous. of dolls..
Stationery and books.
thous. of dolls..
Tobacco manufactures
thous. of dolls..
Travel and amusement
thous. of dolls..
Miscellaneous
thous. of dolls..
Linage, total
thous. of lines..
Newspaper advertising:
Linage, total (22 cities)
thous. of lines..
Linage, total (52 cities)
thous. of lines..
Classified
-thous. of lines..
Display.thous. of lines..
Automotive
—thous. of lines..
Financial
thous. of lines..
General
thous. of lines..
Retail
—thous. of lines.

1,515
23
454
72
14
35
79
268
47
128
154

1,862
68
884
139
27
72
88
463
82
205
170

1,465
32
424
70
17
49
53
375
114
202
59

1,403
16
223
47
28
25
3
375
99
219
21

1,284
10
320
41
18
40
34
305
131
191
71

1,760
19
532
116
20
66
38
291
165
142
151

1,953
24
561
146
31
80
55
299
205
120
164

1,816
19
367
202
29
71
23
284
210
113
67

1,209
42
225
77
17
32
9
157
146
132
45

1,817
75
367
28
27
38
25
175
83
144
13

1,943
74
396
28
34
37
76
180
63
116

2,075
64
522
50
33
34
99
216
61
116
159

1,836
58
643
73
24
23
97
326
39
129
201

668
178
111
383
345
168
1,746

845
286
171
362
309
307
« 2,135

578
189
122
418
228
297
1,103

451
125
66
320
133
212
928

533
70
104
393
139
262
987

639
51
237
446
164
298
1,246

464
65
267
472
213
303
1,364

358
146
326
352
259
264
1,252

277
104
160
332
223
181
1,266

632
. 41
170
347
195
190
1,584

643
49
118
392
278
203
1,791

702
79
135
392
311
188
1,910

750
136
121
457
388
197
1,922

61, 258 65,522
93,168 100,157
16, 345 20,047
76, 823 80,109
7,991
7,940
1,722
1,706
16,448 18,428
50,663 52,035

50,449
80,871
17,207
63, 665
5,574
2,226
13,653
42,212

49, 577
78,839
17, 563
61, 275
4,754
1,621
13,034
41, 866

62, 324
93,003
18, 359
74, 644
3,684
1,645
15,606
53,708

70, 753
103,323
19,171
84,153
3,052
1,975
18,891
60,235

63,855
94,967
16,423
78, 545
3,740
1,737
16, 823
56,245

60,735
91, 509
15, 689
75, 820
3,913
1,651

52,077
77,957
15,282
62,675
4,866
2,281
14,197
41, 331

47,186
72,539
14,083
58,456
3,048
1,637
15,188
38, 584

49, 884
76,364
14, 810
61, 554
2,503
1,951
13, 869
43, 230

60,118
91,053
17,000
74,053
4,685
1,511
15, 289
52,569

62,184
94,649
17, 019
77, 630
7,021
1,528
16,133
52,947

31,411 * 62,156
474
«857

56, 082
838

60, 096
902

49,868
738

48,104

47, 646
641

41, 515

40, 829
633

39, 575
542

31,165
520

35, 530
625

34,668
651

62.7

62.6

62.7

62.0

61.7

62.1

61.7

60.7

CO. 8

60.2

60.4

60.5

3,107

2,534

2,909

2,661

2,592

2,458

2,681

3,307

2,839

2,674

2,665

3,373

694,930

545, 060

568, 887

555, 661

567,006 533, 047 542, 326 524, 721 493, 416 586,822 568, 740

612,653

61, 348

COLLECTIONS
Delinquent accounts, electrical trade:
Amount
dollarsFirms. _
number.
FINANCIAL INDICATORS
Bank debits. (See Finance.)
Business failures. (See Finance.)
Commercial loans. (See Finance.)
Money in circulation. (See Finance.)
GOODS IN WAREHOUSES
Space occupied, public merchandising warehouses
percent of total.
NEW INCORPORATIONS
Business incorporations (4 States).—number.

2,933

POSTAL BUSINESS
Air mail, weight dispatched
Money orders:
Domestic, issued (50 cities):
Number
Value
Domestic, paid (50 cities) •
Number
Value
Foreign, issued—value
Receipts, postal:
50 selected cities
__
50 industrial cities

pounds—thousandsthous. of dolls-

3,240
33,129

3,369
32,056

3,066
30,454

3,061
30, 286

2,971
29, 378

3,219
31,056

3,152
30, 201

thousandsthous. of dolls.
thous. of dolls-

10,027
88,721

9,369
73, 903
3,066

8,187
70,157
2,934

8,306
72, 506
2,692

8,441
74,483
2,962

9,430
79, 092
2,538

thous. of dolls.
thous. of dolls.

24,988
2,701

22,006
2,452

23, 789
2,959

23, 851
2,900

25, 770
2,835

26, 711
3,030

3,207
30, 038

3,098
31,864

3,936
59,711

3,261
35,866

3,417
35, 399

9,221
75, 369
2,799

3,574
32, 745
10,151
78, 670
6,340

8,567
67, 210
2,400

7,996
65,370
2,423

10,445
136,196
2,630

9, 622
94,163
2,832

9,737
88,465

26,109
2,840

33, 097
3,789

24, 674
2,955

22,559
2,659

24,422
2,646

23, 810
2,678

24, 393
2,703

79

79

80

76

75

78

«78

76

73

75

70

63

74

72

78

80

76

73

74

74

76

130
129

226
117

100
135

103
138

110
121

129
140

126
130

1,276
76

2,250
76

862
76

9,841
723

18,051
723

1,058
74
8,492
717

1,338
74
10, 228
720

1,249
74
9,941
716

4,854
229

9,327

7,706
718
3,913
232

936
74
8,054
718
3,896
232

4,087
231

4,766
231

4,978
231

3,129
242

5,830
242

2,537
243

2,339
243

2,383
240

2,721
226

2,361
237

1,563
175

2,855
176

1,130
176

541
39

997
38

347
38

1,223
177
364
35

1,314
178
417
34

1,629
178
551
33

1,661
178
527
32

RETAIL TRADE
Chain-store sales:
Combined index (20 companies)*
92
84
av. same mo. 1929-31=100.
80
83
83
82
Apparel (4 companies)*
75
78
av. same mo. 1929-31=100.
72
71
74
78
Grocery (6 companies)*
79
84
av. same mo. 1929-31=100.
83
81
82
80
Five-and-ten (variety) stores:
125
Total, 8 chains, unadjusted-1923-25 =100.
127
118
118
142
123
137
Total, 8 chains, adjusted
1923-25=100.
133
138
135
127
135
F. and W. Grand:
Sales
thous. of dolls.
1,428
1,143
1,137
1,171
1,306
Stores operated
_
number.
81
76
75
72
73
S. S. Kresge Co.:
10, 305 10,041
Sales..
thous. of dolls.
9,042
8,805
9,430 10, 506
Stores operated
number.
722
718
718
719
722
718
S. H. Kress & Co.:
Sales.thous. of dolls.
4,877
4,492
4,862
4,914
5,151
Stores operated
_..number.
231
229
227
227
227
227
McCrory Stores Corp.:
Sales..
_
thous. of dolls.
2,551
3,025
2,681
2,627
2,825
3,475
Stores operated..
z
number.
230
241
241
241
241
241
G. C. Murphy Co.:
Sales
thous. of dolls.
1,491
1,394
1,361
1,419
1,620
Stores operated
number.
179
175
173
173
173
174
Isaac Silver & Bros.:
Sales
thous. of dolls.
570
533
534
601
596
Stores operated
_ .number.
39
40
40
40
40
* New series. For footnote, see p. 19 of the December 1932 issue.




» Revised.

27

SURVEY OF CURRENT BUSINESS

August 1933
monthly statistics through December 1931,
together with explanatory footnotes and references to the sources of the data, may be found
in the 1932 Annual Supplement to the Survey

June

1933

1932

1933
June

July

Decem- January FebruOctober NovemAugust September
ber
ary
ber

March

April

May

DOMESTIC TRADE—Continued
RETAIL TEADE-Continued
Chain-store sales—Continued
Five-and-ten (variety) stores—Continued
F. W. Woolworth Co.:
19, 344 18,921 18,146
18, 244 19, 463 22, 473 20,216 33, 099 15,845 16,245 17,511 20,159
Sales
thous. of dolls.
Stores operated
number.
1,935
1,915
1,919
1,920
1,925
1,930
1,932
1,932
1,927
1,927
1,929
1,929
Grocery chains:
A. & P. Tea Co.:
79, 503 86,063
64, 239 79, 317 63, 625 66, 530 62,849 79, 616 57,235 61,102 74,981 61,056
Sales, value total
thous. of dolls.
Weekly average
thous. of dolls.
15,901 17,213 16,060 15,863 15,906
16,633 15, 712 15,923 14,309 15,276
14,996
15, 264
Sales, tonnage, total
.tons. 507,361 531, 088 397,468 490,487 391, 804 415, 659 395,275 498,470 371,394 406,156 495,192 405,660
Weekly average
tons. 101,472 106, 218 99,367 98,097 97,951 103,915 98,819 99, 694 92,849 101,539 99,038 101,415
Restaurant chains:
Total sales, 3 chains:
3,201
3,012
3,314
3,641
3,403
3,406
3,386
3,456
3,269
3,425
3,081
3,290
Sales
thous. of dolls..
376
384
382
382
383
382
382
381
382
381
383
381
Stores operated..
number..
Childs Co.:
1,320
1,147
1,311
1,554
1,311
1,274
1,203
1,268
1,350
1,431
1,445
1,278
Sales..
thous. of dolls..
103
105
107
105
105
107
105
105
107
107
106
105
Stores operated
number..
J. R. Thompson Co.:
826
863
1,002
1,001
976
950
887
918
884
784
875
1,019
Sales..
thous. of dolls..
115
115
116
117
117
116
117
117
117
116
116
117
Stores operated
number..
Waldorf System (Inc.):
1,055
1,002
1,104
1,064
1,045
1,054
1,106
1,169
1,163
1,110
1,019
1,116
Sales
thous. of dolls..
160
158
160
161
160
159
160
160
160
159
160
159
Stores operated
number..
Other chains:
W. T . Grant & Co.:
6,512
5,055
6,277
5,137
5,090
6,962
6,334
5,658
11,368
4,270
4,491
5,863
Sales
thous. of dolls..
452
424
429
434
438
442
444
445
446
449
451
451
Stores operated
.number..
J. C. Penney Co.:
14,617
10,
752
18,942
10,234
14,592
13,
053
16,
752
12,025
15,042
8,688
8,460
11,455
Sales
thous. of dolls..
Stores operated
..number..
1,478
1,467
1,468
1,472
1,474
1,477
1,477
1,476
1,473
1,474
1,478
1,478
Department-store sales and stocks:
68
67
65
57
65
68
69
69
63
60
60
60
Sales, total value, adjusted
1923-25=100..
64
66
46
49
71
75
73
106
49
49
50
68
Sales, total value, unadjusted.-1923-25=100_.
55
44
53
49
59
65
75
96
43
56
63
48
Atlanta
1923-25=100..
67
46
48
75
80
115
50
43
51
64
70
76
Boston
1923-25=100..
62
50
45
69
100
49
50
63
71
65
66
46
Chicago
_
1923-25=100..
55
40
44
55
61
90
41
41
42
64
58
57
Cleveland
1923-25=100..
62
56
47
72
54
38
77
99
68
42
45
53
Dallas....
1923-25=100..
56
42
50
73
64
96
62
71
44
45
53
56
Kansas City
1923-25=100..
56
57
40
50
72
62
56
85
40
37
56
66
Minneapolis
1923-25=100..
77
50
56
80
95
134
78
91
56
54
81
65
New York
_
1923-25=100..
58
60
39
42
53
74
66
101
44
40
60
49
Philadelphia*
1923-25=100..
74
55
77
94
80
51
86
137
54
78
51
Richmond
1923-25=100..
61
58
57
39
47
71
68
67
92
43
42
60
St. Louis
1923-25=100..
47
75
121
59
73
79
67
67
68
54
52
68
San Francisco
1923-25=100..
59
Installment sales, New England dept. stores,
5.2
9.6
4.1
9.3
9.9
5.3
5.6
7.3
6.2
7.1
5.7
6.3
ratio to total sales
percent..
Stocks, value, end of month:
59
59
63
56
56
65
67
69
54
55
52
55
Unadjusted
1923-25=100..
57
67
64
61
60
61
61
60
58
56
53
53
Adjusted
1923-25=100..
Mail-order and store sales:
32,073 33, 777 39,156 45,423 41, 281 51, 556 26,958 26,176 27,554
35,365
Total sales, 2 companies
thous. of dolls.. 38, 986 39,889
Montgomery Ward & Co-.thous. of dolls.. 16,165
14,840
11,804
12,988
14,638
19,805 16, 552 21,055
10,100 10,114
11,211
15,574
Sears, Roebuck & Co
thous. of dolls.. 22, 821 25,049
20, 269 20, 789 24, 518 25,618
24, 729 30,501
16,858
16,062 16,343
19,791

19,801
1,931
61,525
15,381
397,498
99,375
3,173
379
1,227
104
865
116
1,081
159
6,553
451
14,433
1,478
67
67

61
«65
63
60
76
59
•81
60
73
6.9
56
55
37,778
15,103
22,675

EMPLOYMENT CONDITIONS AND WAGES
EMPLOYMENT
Factory, unadjusted (.F\i2..B.)_.1923-25=100__
Cement, clay, and glass
1923-25=100..
Cement
1923-25=100..
Clay products
1923-25=100..
Glass
1923-25=100..
Chemicals and products
1923-25=100..
Chemicals and drugs
1923-25=100..
Petroleum refining
1923-25=100..
Food products
1923-25=100..
Iron and steel
1923-25=100..
Leather and products
1923-^25=100..
Boots and shoes
1923-25=100..
Leather
1923-25=100..
Lumber and products
1923-25=100..
Machinery
1923-25=100..
Metals, nonferrous
1923-25=100..
Paper and printing
1923-25=100..
Rubber products
1923-25=100..
Auto tires and tubes
1923-25=100..
Boots and shoes
1923-25=100. _
Textiles and products
1923-25=100..
Fabrics
1923-25=100..
Wearing apparel
1923-25=100..
Tobacco manufactures
1923-25=100..
Transportation equipment
1923-25=100..
Automobiles
1923-25=100..
Car building and repairing.. 1923-25=100..
Shipbuilding
1923-25=100..
Factory, adjusted (F.E.B.)
1923-25=100..
Cement, clay, and glass
1923-25=100..
Cement
1923-25=100—
Clay products
1923-25=100..
Glass
1923-25=100..
Chemicals and products
1923-25=100..
Chemicals and drugs
1923-25=100..
Petroleum refining
1923-25=100..




57.2
58.6
61.5
64.1
59.1
43.4
42.1
43.4
48.4
45.0
41.9
39.2
43.3
44.1
42.8
38.7
38.0
38.5
39.1
39.6
53.6
51.8
53.4
69.4
56.9
72.3
72.2
74.0
79.4
74.2
75.6
75.7
76.9
85.0
78.0
77.4
75.8
76.6
78.1
78.1
79.3
80.7
83.8
81.9
80.9
51.4
50.4
51.7
58.1
54.8
71.6
76.1
78.0
79.6
70.5
80.1
72.7
74.2
79.4
81.1
61.3
62.6
65.0
77.9
61.6
36.4
37.7
39.9
37.8
36.3
48.4
46.4
45.9
48.0
51.3
45.8
46.6
53.5
48.6
45.4
80.5
79.3
80.9
80.9
82.0
63.6
60.2
65.0
68.1
67.0
69.4
66.3
63.3
76.4
70.3
51.9
55.2
50.7
43.2
57.1
53.9
62.3
71.9
79.9
57.2
56.4
63.8
72.6
85.8
58.2
47.5
58.4
70.3
64.9
54.7
68.4
68.3
69.9
66.3
69.0
49.2
45.1
43.1
44.6
50.8
57.9
50.8
44.3
51.6
59.6
40.7
38.7
40.1
38.4
41.6
71.4
66.9
64.5
53.8
78.5
58.3
58.8
60.3
64.8
60.0
43.1
40.5
41.9
46.8
43.4
39.8
36.4
41.1
40.9
42.1
37.6
36.4
37.3
37.5
38.0
55.9
51.1
51.6
67.7
55.5
74.7
74.0
73.7
82.3
76.4
78.2
77.6
77.0
79.6
86.7
75.7
74.4
75.2
77.4
77.4
* New series. For earlier data see p. 20 of the December 1932 issue.

62.0
44.9
44.3
39.4
56.0
75.1
79.4
74.6
85.0
53.3
79.0
81.7
67.9
39.0
45.8
47.1
82.3
60.5
62.9
53.3
75.7
76.2
74.4
71.9
41.3
37.3
42.1
63.4
61.1
43.8
42.6
38.8
54.4
74.9
78.6
74.7

60.9
44.6
42.4
39.0
57.0
75.5
80.1
74.3
82.9
53.6
72.7
73.4
69.6
38.1
46.0
48.4
82.2
61.2
62.7
56.6
73.1
75.2
67.8
72.7
43.3
40.5
43.4
62.4
61.2
44.3
41.8
39.0
56.0
75.2
78.6
75.0

59.6
41.4
34.0
36.1
56.2
75.4
79.6
75.4
81.5
52.1
70.0
70.3
68.6
36.6
46.0
40.8
81.6
61.8
62.2
60.3
71.1
74.1
63.4
68.8
44.8
45.2
42.7
62.4
60.6
42.6
35.3
37.1
57.7
75.2
78.3
76.3

58.1
59.2
36.7
37.8
31.0
30.7
30.4
31.4
52.2
54.4
76.2
77.3
80.2
80.5
75.0
75.7
78.6
78.4
49.6
51.8
73.3
77.3
74.6
79.2
68.1
69.6
33.8
33.4
44.0
44.4
44.4
45.3
80.2
80.1
59.1
59.4
61.3
62.5
52.7
50.4
69.6
72.3
72.8
73.7
61.7
69.0
60.4
63.4
46.1
45.1
50.4
49.6
41.3
40.6
60.9
57.1
59.4
59.4
39.4
39.9
34.0
33.8
32.8
33.4
55.7
56.0
76.4
76.4
79.7
78.9
76.4
76.7
• Revised.

56.7
38.1
31.0
31.2
55.6
78.2
80.1
75.8
76.9
49.1
76.6
78.8
67.8
31.8
42.8
42.3
78.7
57.0
60.4
46.4
67.7
68.1
66.7
57.6
42.5
43.9
40.3
54.1
56.6
38.9
33.1
32.1
55.3
75.6
79.1
76.6

57.8
40.5
36.7
32.5
58.6
82.4
78.8
75.9
78.2
50.6
75.0
77.7
63.9
32.8
43.1
44.4
78.4
57.1
60.6
46.7
69.7
69.6
69.8
56.3
41.4
44.4
38.5
49.8
57.7
40.2
37.3
32.2
57.8
77.6
78.1
75.9

60.0
43.7
38.4
35.3
63.2
78.9
80.8
76.8
80.2
53.2
76.4
77.8
70.9
35.3
44.5
47.9
79.4
60.2
66.6
40.8
73.0
75.7
66.1
64.2
43.7
47.8
39.7
53.4
60.6
42.6
37.6
34.2
62.3
80.3
82.1
76.9

28

SURVEY OF CURRENT BUSINESS

Monthly statistics through December 1931,
together with explanatory footnotes and references to the sources of the data, may be found
in the 1932 Annual Supplement to the Survey

1933
June

August 1933
1933

1933
June

July

August j s < t r

Decem- January FebruOctober November
ber
ary

March

April

May

EMPLOYMENT CONDITIONS AND WAGES—Continued
EMPLOYMENT—Continued
Factory, adjusted (F.R.B.)—Continued
81.1
Food products
1923-25=100..
82.3
54.8
58.1
Iron and steel
1923-25=100..
74.3
83.9
Leather and manufactures
1923-25=100..
76.9
84.7
Boots and shoes
1923-25=100..
63.4
80.3
Leather-1923-25=100..
37.9
40.0
Lumber and products
1923-25=100..
51.0
47.7
Machinery
1923-25=100..
48.7
53.6
Metals, nonferrous
1923-25=100..
82.8
81.6
Paper and printing
1923-25=100..
67.0
67.8
Rubber products
1923-25=100..
68.9
75.0
Auto tires and tubes
1923-25=100..
61.1
46.2
Boots and shoes
1923-25 = 100..
58.5
81.6
Textiles and products
1923-25=100..
58.7
86.7
Fabrics
1923-25=100..
58.1
68.7
Wearing apparel
1923-25=100..
69.4
66.8
Tobacco manufactures
1923-25=100..
50.0
43.9
Transportation equipment
1923-25=100 _.
68.0
50.3
Automobiles
1923-25=100..
41.3
38.2
Car building and repairing. _ 1923-25=100..
77.6
53.2
Shipbuilding
1923-25=100..
Factory, by cities and States:
Cities:
64.8
Baltimore*
1929-31=100..
53.4
55.4
Chicago*
1925-27=100..
73.9
68.6
Cleveland
Jan. 1921=100..
60.7
72.2
Detroit
1923-25=100..
57.4
Milwaukee*
1925-27=100..
~59.T
54.3
New York
1925-27=100..
69.3
65.5
Philadelphia
1923-25=100..
States:
79.2
71.5
Delaware
1923-25=100..
57.2
56.6
Illinois
1925-27=100..
90.5
91.7
Iowa
1923=100..
62.9
« 53. 9
Massachusetts*
1925-27=100..
71.0
68.1
Maryland*
1929-31=100.,
61.5
New Jersey
1923-25=100..
"~59.~5
55.6
New York
1925-27=100..
72.7
64.3
Ohio
1926=100..
62.0
59.7
Pennsylvania
1923-25=100..
62.4
Wisconsin
1925-27=100..
Nonmanufacturing (Dept. of Labor):
Mining:
39.5
53.0
Anthracite
1929=100..
61.3
60.5
Bituminous coal
1929=100.
31.5
32.2
Metalliferous
1929=100.
58.0
54.2
Petroleum, crude production.. .1929=100.
47.3
49.5
Quarrying and nonmetallic
1929=100.
Public utilities:
69.3
76.5
Electric railroads
1929=100.
77.3
83.2
Power, light, and water
1929=100.
69.2
79.9
Telephone and telegraph
1929=100.
Trade:
78.3
79.4
Retail
1929=100.
77.0
Wholesale
1929=100.
75.7
Miscellaneous:
97.6
98.1
Banks, brokerage houses, etc.*._1929=l00.
55.6
55.5
Canning and preserving
1929=100.
85.6
85.1
Dyeing and cleaning*
1929=100.
73.6
78.0
Hotels
1929=100.
76.0
81.0
Laundries*
1929=100.
Miscellaneous data:
26.0
36.3
Construction employment, Ohio..1926=100Farm employees, hired, average per farm
1.01
numberFederal and State highway employment,
total*
number- 359,605 280,636
Construction*
number- 206,664 151,617
Maintenance*
number- 152,941 129,019
Federal civilian employees:
613,941
United States*
number68,793
Washington
number.
973
1,047
Railroad employees, class I
thousands.
Trade-union members employed:
All trades
percent of totalBuilding trades*
percent of totalMetal trades*
percent of totalPrinting trades*
percent of totalAll other trades*..
percent of totalOn full time, all trades...percent of total.

79.4
52.1
71.9
74.1
62.4
36.1
48.3
46.0
81.4
64.6
68.1
54.3
66.9
58.6
52.9
70.2
49.3
58.1
40.4
73.0

81.0
50.6
74.0
76.7
62.9
35.7
46.4
46.4
80.4
62.7
64.4
57.2
64.8
66.1
61.5
68.3
44.8
49.8
38.6
70.7

81.8
51.3
74.9
77.3
65.0
36.6
46.0
47.2
81.1
58.6
61.6
49.4
72.2
73.6
68.6
67.9
42.8
43.0
40.0
69.2

81.3
53.2
76.1
78.1
67.9
37.6
46.1
47.8
82.0
60.7
64.0
51.0
74.3
75.5
71.2
68.3
41.4
37.3
41.9
67.6

80.7
53.8
73.2
74.1
69.1
37.3
46.6
48.9
81.1
63.7
67.0
53.6
72.3
73.9
68.9
68.6
45.6
45.6
43.6
65.0

80.0
52.8
72.0
72.9
68.3
36.8
46.4
47.4
80.2
63.2
65.4
56.3
70.4
72.9
64.0
67.7
47.4
51.6
42.8
62.4

79.6
50.6
72.9
74.4
66.9
35.0
44.5
44.8
79.6
69.7
62.6
51.2
69.2
72.2
61.5
64.9
47.4
53.3
42.0
59.1

79.2
51.4
75.6
77.5
67.5
34.4
44.2
44.4
79.9
59.1
62.3
49.6
70.4
72.2
66.1
64.1
45.0
48.9
41.1
54.1

78.4
48.3
75.7
78.0
66.2
32.5
42.2
41.0
78.5
56.6
59.7
47.3
65.4
66.9
61.9
57.8
41.7
41.9
40.5
50.9

81.2
50.0
76.4
79.3
64.4
33.3
42.6
43.4
78.8
56.7
59.6
47.9
68.5
69.2
66.8
57.5
40.1
41.5
38.3
47.0

82.6
52.5
79.7
81.4
72.6
35.7
44.2
47.4
79.9
59.7
65.3
42.9
73.4
75.9
67.4
65.4
41.9
43.8
39.4
52.1

65.3
51.0
66.0
63.4
53.5
51.0
61.8

65.4
53.0
66.7
29.2
53.7
55.3
62.5

66.6
53.4
65.1
37.4
55.4
59.6
66.0

67.1
53.3
65.2
42.0
55.4
61.6

64.7
61.8
65.6
39.3
55.7
59.5
68.4

64.9
49.8
66.6
48.0
54.4
57.9
65.5

61.2
49.2
66.6
28.8
53.7
55.8
63.5

63.5
49.7
66.8
49.2
54.1
58.0
63.1

60.5
48.2
61.7
41.8
64.3
56.3
60.8

64.3
49.3
65.3
50.0
57.5
57.8
61.4

63.6
51.1
68.8
52.5
61.0
58.4
65.3

69.8
52.3
91.2
«50.4
66.0
58.9
52.4
62.4
57.1
62.4

68.1
53.5
91.5
«56.6
66.5
57.5
54.4
59.3
58.5
60.2

72.1
54.5
94.0
«62.2
68.9
59.8
57.8
60.3
60.6
61.1

70.9
54.4
95.1
«64.7
71.0
60.1
59.5
61.4
62.4
60.5

71.6
53.5
93.5
«61.4
69.9
59.4
68.9
61.5
61.8
60.1

73.5
51.7
92.6
«59.1
69.4
59.2
57.1
60.7
60.0
58.8

73.4
50.7
85.6
«58.1
65.4
56.3
55.4
60.6
57.7
57.3

74.3
52.1
88.2
* 60.3
67.5
57.4
56.3
61.5
58.6
58.8

71.6
50.8
83.2
"56.2
64.3
55.1
53.7
57.2
54.5
58.6

69.6
51.7
83.7
«56.4
67.5
55.0
55.3
60.5
55.1
60.8

73.1
53.6
86.4
58.5
68.3
57.7
57.1
•65.7
58.1
63.3

44.5
58.6
29.5
55.4
49.5

49.2
59.4
28.6
57.4
51.1

55.8
62.4
29.3
56.2
52.4

63.9
67.0
30.5
56.8
52.4

62.7
69.4
31.9
56.5
49.4

62.3
70.0
33.3
57.2
42.3

52.5
69.8
32.4
57.2
35.1

58.7
69.3
31.5
57.0
34.8

54.6
67.6
30.0
56.5
35.1

51.6
63.7
29.4
56.8
39.3

43.2
61.2
30.0
56.9
43.4

75.6
82.3
79.1

74.1
81.5
78.1

73.5
81.0
77.4

72.3
79.9
76.2

71.8
79.1
75.5

71.4
78.4
74.8

70.6
77.7
74.6

70.4
77.4
73.9

69.8
76.9
73.2

69.5
76.9
72.3

69.1
76.9
70.1

74.6
76.6

72.6
76.4

81.7
77.6

95.2
77.0

76.9
75.3

73.4
74.1

71.4
73.1

78.6
73.3

77.0
74.0

98.5
73.0
82.4
78.4
80.3

98.7
99.0
79.5
77.6
78.9

81.3
77.8
77.1 , 77.8
98.7
98.6
81.1
125.3
82.3
83.3
75.4
77.0
77.5
78.6

98.2
50.5
78.0
74.3
76.2

98.0
33.7
75.2
73.2
75.9

97.6
34.1
73.0
73.8
75.4

97.0
35.1
70.9
73.8
74.4

96.8
33.2
71.2
72.4
73.0

96.3
49.2
81.1
71.9
73.4

96.4
45.5
82.0
71.9
73.5

37.8

37.9

35.7

30.4

24.8

23.9

21.3

20.1

22.1

« 24.0

.89

.77

.72

.74

.79

.86

.96

373,246
214,427
158,819

371,667
210,939
160,728

290,465
150,479
139,986

266,443
115,404
151,039

255,256
114,567
140,689

279,213
133,595
145,618

299,882
162,816
137,066

330,138
187,371
142,767

16,974
1,033

607,904
66,388
1,013

600,943
66,302

599,990
66,800

600,311
66,802
956

603,818
67,557

605, 554
67,063

960

939

610, 652
66, 560
952

68
33
54
81
81
45

66
31
64
80
79
44

65
30
53
80
78
45

66
29
60
78
79
46

66
28
51
78
78
44

67
29
51
78
80
46

67
31
53
77
80
47

40.8

1.01
305,372
175, 254
130,118

333,403 374,405
182, 201 219,277
151,202 155,128

608,703
67,552
1,022

611,010
67,259
996
67
36
65
78
78
46

610,948
67,070
1,010

994

934

LABOR CONDITIONS
Factory operations, proportion of full time
90
82
83
83
85
84
worked, total
percent.
86
84
84
95
92
92
90
91
92
90
90
Chemicals and products
percent.
89
94
89
94
94
94
94
95
Food products
percent94
93
94
94
92
95
92
79
84
80
86
80
Leather and products
percent80
86
88
90
88
87
75
74
79
71
Lumber and products
percent76
82
73
84
73
77
Metal products:
82
70
67
67
73
Iron and steel
percent70
68
73
70
70
77
85
75
73
73
80
80
Other
percent80
78
76
73
81
91
86
84
83
87
Paper and printing
percent.
86
85
86
88
87
89
89
81
80
79
80
Stone, clay, and glass..
percent78
78
85
84
83
87
96
85
84
88
94
92
90
Textile products
percent89
90
90
93
87
84
80
80
79
79
80
82
Tobacco products
percent80
79;
83
83
78
90
81
79
78
81
82
84
Transportation equipment
percent87
86J
90
89
83
92
76
70
70
73
Automobiles
percent85
82
90
76
80
76
Hours of work per week in factories:*
41.2
32.7
32.1
32.2
36.5
Actual, avg. per wage earner
hours.
34.9
36.5
35.4
35.2
34.9
32.2
33.8
37.4
• New series. For earlier data see p. 20 of the October 1932 Issue (hours of work) and p. 18 of the December 1932 issue and pp. 19 and 20 of the June 1933 issue
(employment). Data for Massachusetts subsequently revised for 1931-32-33. See p. 19 of this issue.
« Revised.




29

SURVEY OF CURRENT BUSINESS

August 1933
Monthly statistics through December 1931,
together with explanatory footnotes and references to the sources of the data, may be found
in the 1932 Annual Supplement to the Survey

1933

1933
June

June

July

1933

Decem- January FebruOctober NovemAugust September
ber
ber
ary

March

April

May

EMPLOYMENT CONDITIONS AND WAGES—Continued
LABOR CONDITIONS—Continued
Labor disputes: t
Disputes
Man-days lost
Workers involved
Labor turnover (quarterly):*
Accessions
percent of no.
Separations:
Discharged
percent of no.
Laid-off
percent of no.
Voluntary quits
percent of no.

number
number .
number

46
40
943, 338 740,785
24,138 33,216

33
38
754,423 566,045
27,717
7,456

23
147,059
2,324

21
68,154
1,896

12
40,492
997

29
240,912
8,790

«41
«46
32
109,860 «445,771 °483, 446
6,706 « 12, 794 « 18, 277

on pay roll—

20.86

7.80

12.55

10.50

8.50

on pay roll._
on pay roll-

.52
4.46

.49
12.92

.45
10.78

.43
8.75

.38
10.14

on pay roll..

2.23

2.15

2.10

1.77

1.56

45.9
29.1
25.1
18.8
52.1
64.6
66.9
66.3
66.3
36.2
57.4
54.9
66.4
21.7
32.0
41.4
66.6
57.3
62 0
38.4
53 6
60.5
39 4
47.3
36.0
43.2
29.8
40.3

42.6
27.3
28.5
19.0
43.2
63.2
61.1
72.1
71.4
26.0
45.0
44.3
47.4
20.9
32.3
32.0
72.9
65.1
59.4
37.9
35.8
37.0
33.4
52.2
40.7
47.1
32.9
67.4

39.6
24.4
25.9
17.8
36.9
60.0
57.8
68.9
68.3
22.2
46.2
46.1
46.6
19.0
28.8
29.4
69.1
45.9
49.7
30.8
32.5
34.4
28.6
51.4
37.3
43.4
29.6
64.9

40.1
23.9
25.1
17.6
35.9
60.0
58.1
68.2
67.9
22.1
51.7
52.4
49.0
19.3
27.1
28.9
67.4
41.5
43.0
35.7
42.3
42.1
42.6
49.4
31.6
32.7
28.6
53.6

42.1
24.6
26.3
18.4
35.8
59.8
58.4
66.3
70.8
23.4
54.5
55.2
52.3
20.9
27.0
30.3
70.0
36.4
35.6
39.9
53.1
51.7
56.0
51.0
27.3
22.2
28.9
52.4

43.5
26.4
27.0
20.0
38.7
60.7
61.9
63.3
70.9
26.2
55.0
54.6
56.3
22.4
27.7
32.2
71.7
38.9
38.1
42.4
55.6
55.2
56.3
52.6
29.1
23.3
31.4
53.4

41.8
25.7
24.8
19.0
39.5
60.9
62.3
63.1
67.0
25.6
43.8
40.7
65.0
20.9
27.4
31.9
70.2
38.6
36.1
48.3
49.4
51.9
44.2
52.4
31.9
27.6
33.7
48.8

40.9
23.3
18.4
17.5
37.8
59.8
60.5
62.8
66.1
24.2
42.0
38.7
53.9
18.8
28.0
30.1
69.8
39.8
36.7
52.2
46.4
50.1
39.1
50.4
33.8
32.0
33.5
52.4

50.9
32.2

50.5
33.5
32.7
45.6
49.0

46.2
29.0
27.6
42.4
44.4

45.9
31.6
30.1
45.8
45.1

47.2
32.0
32.2
51.3
51.1

48.7
31.4
34.1
51.6
54.3

46.0
28.5
34.3
48.0
50.5

48.5
°33. 5
«51.4
°39.3
51.7
42.6
35.7
38.0

45.9
29.3
47.8
«35.8
47.9
39.4
32.1
34.2

44.7
31.4
47.7
<*40. 8
46.0
41.2
33.6
35.3

47.9
32.2
49.3
«46.2
49.2
44.9
36.0
37.0

48.0
32.5
51.2
«47.3
49.8
46.4
38.7
39.3

34.3
29.2
18.3
40.6
27.5

37.4
27.3
20.1
44.8
30.0

34.5
24.4
16.9
44.6
29.1

41.4
26.4
16.5
42.9
29.7

47.0
30.2
17.0
41.9
30.5

58.0
69.9
66.6

70.2
80.5
82.1

66.4
78.7
79.6

63.8
76.7
79.1

60.5
57.3

68.2
66.2

63.3
64.7

83.7
36.7
56.7
52.3
56.7

90.4
40.5
65.8
63.8
68.6

81
792,469
32,077

PAY BOLLS
Factory, unadjusted (i?\i2..B.)—.1923-25=100..
Cement, clay, and glass
1923-25=100. _
Cement.
1923-25=100..
Clay products
1923-25=100.
Glass
1923-25=100..
Chemicals and products
1923-25=100—
Chemicals and drugs
1923-25=100Petroleum refining
1923-25=100—
Food products
1923-25=100—
Iron and steel
1923-25=100—
Leather and products
. 1923-25=100..
Boots and shoes
1923-25=100Leather
- 1923-25=100 .
Lumber and products
1923-25=100..
Machinery
1923-25=100..
Metals, nonferrous
1923-25=100..
Paper and printing
1923-25=100—
Kubber products
1923-25=100..
Auto tires and tubes
1923-25=100.
Boots and shoes
1923-25=100..
Textiles and products
.1923-25=100.
Fabrics
_
1923-25=100..
Wearing apparel
1923-25=100 _
Tobacco manufactures.
1923-25=100..
Transportation equipment
1923-25=100Automobiles
1923-25=100—
Car building and repairing-.1923-25=100..
Shipbuilding
1923-25=100..
Factory by cities:
Baltimore*
1929-31=100Chicago *
1925-27 = 100..
Milwaukee *
.1925-27=100..
New York *
1925-27=100..
Philadelphia *
1923-25=100..
Factory, by States:
Delaware
.1923-25=100..
Illinois
1925-27=100..
Maryland *
1929-31 = 100—
Massachusetts*
1925-27=100..
New Jersey
..1923-25=100..
New York
—1925-27=100 _.
Pennsylvania.—
1923-25=100..
Wisconsin
-1925-27=100—
Nonmanufacturing (Department of Labor):
Mining:
Anthracite
1929=100..
Bituminous coal
„_1929=100_.
Metalliferous
1929=100..
Petroleum, crude production. ..1929=100._
Quarrying and nonmetallic
1929=100..
Public utilities:
Electric railroads
1929=100..
Power light and water
-- __1929=100__
Telephone and telegraph
1929=100..
Trade:
Ketail
...1929=100..
Wholesale
1929=100..
Miscellaneous:
Banks, brokerage houses, etc.*~1929=100._
Canning and preserving
..1929=100Dyeing and cleaning *
1929=100..
Hotels
- - 1929=100 _
Laundries *
-1929=100..

46.5
52.0
53.7
35.4
53.1
47.0
45.1
40.9

39.2
20.2
16.1
13.4
36.0
60.7
60.6
64.6
64.1
22.7
43.7
41.7
60.9
16.3
26.0
27.5
67.0
35.4
34.8
38.0
44.2
46.6
39 2
38.3
34.0
36.3
30.8
46.6

40.0
20.9
16.0
14.3
37.3
60.8
61.1
64.3
62.7
24.7
50.0
49.0
53.9
16.3
26.3
27.4
65.8
35.8
35.7
36.3
48.2
48.4
47.7
40.2
32.1
32.2
30.8
44.2

36.9
20.6
16.4
13.8
36.7
60.4
59.8
64.5
59.8
22.4
47.1
46.2
50.3
14.3
24.0
25.1
63.3
31.1
31.7
28.6
41.3
40.8
42.4
36.0
29.2
27.0
29.9
40.3

38.6
22.0

18.3
14.2
39.9
60.8
58.4
63.8
62.6
24.4
45.9
46.0
45.4
15.6
24.4
27.4
62.4
34.2
35.2
30.2
45.2
43.0
49.8
35.9
30.6
32.3
28.6
37.4

42.0
25.1
21.2
15.9
45.9
61.9
62.0
65.1
64.8
29.5
50.8
49.2
56.6
18.0
27.4
34.5
64.9
46.2
49.0
34.7
46.8
50.1
40.1
45.5
35.3
40.4
30.6
40.3

46.0
28.3
31.6
46.2
48.6

42.5
28.4
30.2
44.0
45.5

42.5
28.6
30.3
45.1
45.9

41.4
25.7
27.7
43.7
42.3

44.3
26.4
34.8
46.0
43.5

46.7
30.1
48.9
«43. 5
47.5
44.2
36.4
38.2

49.3
29.1
48.4
°41.8
47.5
42.6
35.2
35.0

46.9
28.5
44.7
«39.7
44.1
40.1
31.9
32.5

48.5
29.6
45.7
<*42. 3
45.3
40.7
32.8
34.0

44.4
27.2
44.0
«37.2
41.5
38.4
30.0
32.6

42.6
28.2
45.9
«38.0
43.1
40.1
31.4
36.4

46.9
29.3
38.7
45.6
47.8
48.3
31.3
49.1
42.2
45.8
42.4
35.6
40.6

66.7
37.8
18.0
42.5
30.1

51.0
38.0
18.7
42.4
27.1

56.2
37.7
18.7
41.7
22.1

43.2
36.1
18.1
39.9
18.1

56.8
37.2
17.8
41.7
17.4

48.8
30.7
17.4
42.5
17.8

37.4
26.6
16.4
40.1
20.2

30.0
26.9
17.0
41.6
23.8

62.5
74.7
75.9

61.5
74.4
75.7

61.7
73.2
74.3

61.9
73.2
73.5

60.9
73.0
71.7

60.6
71.6
71.9

59.4
71.9
71.6

58.1
69.4
67.8

58.2
69.9
68.5

60.7
63.2

64.6
63.1

67.1
63.9

66.9
63.3

73.6
62.6

62.7
61.7

58.4
58.6

55.1
57.1

60.4
56.0

59.5
57.4

90.1
47.5
60.0
61.8
66.3

88.5
65.6
56.3
59.6
63.9

87.3
75.1
61.0
59.1
62.9

86.5
51.8
58.8
58.6
61.2

86.0
34.4
52.3
57.5
59.1

85.7
25.6
48.4
56.6
58.7

85.5
24.8
46.6
55.7
57.9

84.7
25.9
42.4
55.9
55.5

84.1
24.2
41.0
53.5
52.9

83.3
33.5
54.6
51.7
54.0

83.6
31.8
53.9
51.8
54.5

.

WAGES-EABNINGS AND BATES
Factory, weekly earnings (25 industries):*
All wage earners
dollars—
Male:
Skilled and semiskilleddollarsUnskilled
dollars
Female
dollars..
All wage earners
.1923=100..
Male:
Skilled and semiskilled
1923=100Unskilled
1923=100..
Female
1923=100..
Factory, av. hourly earnings (25 industries):

18.49

16.24

15.43

15.35

16.23

16.86

16.84

16.37

16.21

16.13

14.66

15.29

16.71

21.18
15.83
12.30
69.5

18.37
13.80
10.70
61.0

17.59
13.16
10.42
58.0

17.51
13.13
10.60
57.7

18.58
13.94
11.70
61.0

19.25
14.35
12.22
63.4

19.40
14.20
11.86
63.3

18.55
13.66
11.56
61.5

18.83
13.89
10.97
60.9

18.67
13.92
10.96
60.6

16.54
12.27
9.93
54.7

17.75
13.30
10.09
57.8

18.94
14.42
11.03
62.8

68.8
71.1
71.3

59.6
61.9
62.1

57.1
59.1
60.4

56.9
58.9
61.5

60.3
62.6
67.9

62.5
64.4
70.9

63.0
63.7
68.8

60.2
61.3
67.1

61.1
62.3
63.6

60.6
62.5
63.6

53.7
55.1
57.6

57.6
59.7
58.5

61.5
64.7
64.0

.467
.464
.460
.489
.474
.468
.479
.468
.460
.453
.487
.500
.452
Male:
.527
.541
.538
.530
.529
.521
.522
.546
.527
.513
.553
.558
.511
Skilled and semiskilled *
.dollars.387
.380
.375
.392
.381
.377
.391
.373
.392
.381
.368
.399
.369
Unskilled *
dollars.312
.294
.322
.305
.313
.311
.306
.303
.299
.328
.298
.297
.300
Female * - dollars..
* New series. For earlier data see p. 20 of the October 1932 issue (weekly earnings and turnover rates) and p. 18 of the December 1932 issue (hourly earnings and Maryland and Massachusetts and Baltimore pay rolls). Data for Massachusetts subsequently revised for 1931-32-33 See p. 19 of this issue. Other data are on pp. 19 and 20
of the June 1933 issue.
a Revised.
t Data for 1932 revised. For revision, for months January to May see p. 29 of the July 1933 issue.




SURVEY OF CURRENT BUSINESS
Monthly statistics through December 1931,
together with explanatory footnotes and references to the sources of the data, may be found
in the 1932 Annual Supplement to the Survey

1933
June

August 1933
1933

1932
June

July

Decem- January FebruOctober NovemAugust September
ber
ber
ary

March

April

May

EMPLOYMENT CONDITIONS AND WAGES—Continued
WAGES—EARNINGS AND RATES—
Continued
Factory, weekly earnings, by States:
Delaware
1923-25=100 _
Illinois.
1925-27 = 100..
Massachusetts*. .
1925-27=100
New Jersey
1923-25=100..
New York
1925-27=100..
Pennsylvania „
1923-25=100
Wisconsin
1925-27=100..
Miscellaneous data:
Farm wages, without board
(quarterly)
dolls, per month
Railroads, wages
dolls, per hour..
Road-building wages, common labor: #
United States . dolls, per hour..
East North Central
dolls, per hour..
East South Central
dolls, per hour..
Middle Atlantic
. . . dolls, per hour..
Mountain States—
dolls, per hour..
New England
__ _ dolls, per hour..
Pacific States
dolls, per hour*.
South Atlantic
dolls, per hour _
West North Central
dolls, per hour..
West South Central
dolls, per hour..
Steel industry:
U.S. Steel Corporation
dolls, per hour..
Youngstown district—.percent base scale..

66.9
74.7
75.8

74.7
64.6
«72. 9
88.2
76.6
60.2
57.6

72.2
60.5
a 71. 1
85.2
75.3
56.6
51.7

72.0
61.7
«72.0
83.8
75.8
58.0
55.0

72.9
63.2
«74.2
86.1
77.7
59.9
55.6

74.4
64.4
a 73. i
86.8
77.9
62.5
59.0

24.27

27.10
.601

.607

.599

26.36
.611

.33

.32

.32

.39
.20
.35
.42
.33

.36
.19
.35
.44
.34

.35
.19
.34
.44
.34

.49
.23

.47
.20

.46
.18

.33

.34
.28
.38
94.0

.31
.25

.31
.26

.38
94.0

.38
94.0

71.6
59.7
70.8
83.8
75.1
59.5
58.7

73.7
60.5
«70.8
84.1
74.7
59.1
55.7

70.2
60.2
68.3
82.2
72.4
55.7
53.1

71.7
61.9
70.1
82.7
72.3
56.8
54.1

68.3
57.4
66.2
78.9
71.6
55.7
52.1

67.2
59.1
67 4
82.0
72.6
57.6
53.9

.608

.615

23.62
.614

.616

.631

22.98
.607

.613

.32

.32

.32

.32

.32

.32

.32

.36
.19
.34
.43
.33

.36
.19
.34
.44
.34

.37
.19
.35
.44
.34

.37
.20
.34
.44
.34

.37
.20
.35
.44
.33

.38
.20
.36
.43
.35

.39
.20
.35
.44
.33

.40
.19
.36
.43
.34

.33

.33

.47
.18

.47
.19

.48
.19

.48
.20

.48
.21

.50
.22

.51
.21

.50
.21

.49
.22

.50
.22

.35
.28
.38
94.0

.38
94.0

.31
.26

.38
94.0

.34
.26

.38
94.0

.32
.27

.38
94.0

a

.32
.26

.38
94.0

.34
.27

.38
94.0

.34
.27
.38
94.0

.34
.27

.41
.20
.36
.43
.32
.34
.27
.38
94.0

72 8
63.1
72 1
83.4
74.2
61.9
58.5

.39
.20
.35
.43
.32
.34
.28
.38
94.0

FINANCE
BANKING
Acceptances and commercial paper outstanding:
681
705
720
747
699
710
707
704
671
697
Bankers' acceptances, total—.mills, of dolls..
687
669
Held by Federal Reserve banks:
12
3
36
4
4
2
3
280
41
307
164
For own account
mills, of dolls..
13
For foreign correspondents
59
32
98
49
39
43
40
41
30
45
36
43
mills, of dolls..
36
Held by group of accepting banks, total
574
563
604
518
573
605
655
626
261
325
404
505
487
mills, of dolls..
197
198
156
200
199
268
224
256
201
153
201
229
206
Own bills
mills, of dolls..
318
414
366
376
406
386
380
124
108
370
276
199
287
Purchased bills
mills, of dolls..
64
96
55
70
52
28
62
42
85
123
38
115
86
Held by others
mills, of dolls..
Commercial paper outstanding
108
110
100
81
72
103
113
110
85
84
64
73
60
mills, of dolls..
Agricultural loans outstanding:
102
117
117
95
92
116
98
88
86
82
87
83
85
Credit banks, intermediate mills, of dolls..
1,129
1,102
1,103
1,105
Land banks, Federal
mills, of dolls..
1,139
1,132
1,135
1,125
1,121
1,116
1,112
1,110
1,107
454
460
464
420
415
409
404
399
395
382
470
386
390
Land banks, joint-stock
mills, of dolls..
25,486
Bank debits, total
mills, of dolls.. 29, 712 27,103 25, 239 25, 215 25,931 25,298 20,750 26,787 24,466 22,437 •22,062 22,624
14,163
12,012
13,977
New York City
mills, of dolls.. 16, 743
14, 202
12,728 13,458
12,944
9,815
13,967
12,413 12,036 •12,454
11,509
10,612
Outside New York City
mills, of dolls- 12,969
12,901 12,511 11,756 11,767 12,354 10,935 12,820 12,053 10,401 •9,608
Brokers' loans:
Reported by New York Stock Exchange
332
242
338
347
359
322
311
244
325
529
«360
780
mills, of dolls..
1.63
1.42
1.20
2.15
1.56
1.19
1.18
1.39
1.52
1.52
1.56
1.83
1.56
Ratio to market value..
percent—
By reporting New York member banks
332
362
342
345
394
454
512
353
764
418
635
425
mills, of dollsFederal Reserve banks:
Acceptance holdings. (See Acceptances.)
6,610
6,466
5,848
5,764
5,986
6,115
5,615
5,815
5,905
6,033
6,464
6,606
6,531
Assets, total
mills, of dollsReserve bank credit outstanding
2,572
2,439
2,202
2,145
2,077
2,794
2,459
2,331
2,233
?
2,227
2,218
2,310
2,220
mills, of dolls..
33
20
48
67
43
34
34
35
33
31
336
305
171
Bills bought
mills, of dolls..
538
433
332
328
309
235
274
582
426
435
302
164
440
Bills discounted
mills, of dolls..
1,837
1,854
1,890
1,998
1,784
1,841
1,852
1,851
1,851
1,855
1,763
1,866
1,838
United States securities._mills. of dolls3,091
3,633
3,807
3,813
2,777
2,836
2,980
3,195
3,242
3,331
3,457
3,126
3,455
Reserves, total
mills, of dolls..
2,893
3,520
3,543
3,416
2,578
2,635
2,773
3,003
3,049
3,151
3,256
2,952
3,250
Gold reserves..
mills, of dolls..
6,606
6,466
5,848
6,531
5,905
5,986
6,115
6,033
6,464
6,610
5,615
5,764
5,815
Liabilities, total
mills, of dolls..
2,394
2,312
2,380
2,494
2,446
2,484
2,561
2,554
2,236
2,133
2,028
2,158
2,241
Deposits, total
mills, of dolls..
2,167
2,225
2,292
2,132
1,982
2,052
2,146
2,383
2,411
2,509
2,446
2,141
1,949
M ember bank reserves...mills, of dolls..
3,203
3,094
3,428
2,750
2,795
2,859
2,814
2,709
2,692
2,739
2,725
3,417
3,696
Notes in circulation
mills, of dolls..
68.0
62.6
61.1
68.2
62.0
62.6
62.9
65.5
55.3
59.3
Reserve ratio
percent57.6
56.5
58.9
Federal Reserve member banks:
Deposits:
b
*> 11,127 b 11, 740
10,593
11,461 11,745 11,758 11,899
Net d e m a n d . . . . .
mills, of dolls.. b11, 549 10,925 10,751 10,982 11,229
b
b
5, 286
5, 346
5,668
5,656
5,648
5,640
5,288
5,709
Time
mills, of dolls.. b 5,440
5,542
5,612
5,633
b
b
8,632
8, 570
8,201
8,559
8,196
8,589
8,507
8,585
8,927
7,491
7,700
7,743
Investments.mills, of dolls..
b
b
9,753
9,660
10,706
10,297
9,627
10,441
10,413
10,166
*
9,
715
Loans, total
..mills, of dolls.. b
11,263 10,996 10,796
b
b
4,172
4,155
4,521
4,259
4,234
4,288
4,315
4,311
4, 211
On securities...
mills, of dolls..
4,745
4,631
4,512
b
b
5, 549
5,472
6,185
5,982
6,125
6,130
5,907
5,393
All other loans
mills, of dolls.. b 5, 470
6,518
6,365
6,284
Interest rates and yield on securities:
H-H
V2-1H
H-H
Acceptances, bankers' prime
percent-.
tt-U
H
H
H
H
Bond yields. (See Bonds.)
3.32
1.00
1.00
1.37
1.00
2.08
2.00
2.00
1.35
1.00
1.00
2.50
Call loans, renewal
percent2-2J4 1H-2H 1H-IU
1H-1U
1H-IH
2-3H
Com'l paper, prime (4-6 mos.)
percent..
ji//_2
2^-3
2H-2U
2-2H
«2.50
2.50
Discount rate, N.Y.F.R. Bank
percent2.50
2.50
2.50
2.50
2.50
«3.50
'3.50
2.50
«2.50
2.50
2.50
5.58
5.58
5.58
5.58
5.58
5.58
5.58
5.58
5.58
Federal land bank loans
percent5.58
5.63
5.59
5.58
3.10
3.39
Intermediate credit bank loans
percent..
3.38
3.35
3.25
3.17
3.10
3.10
3.10
3.10
4.10
3.58
3.44
5.25
Real estate bonds, long term
percent..
5.50
5.50
6.00
5.50
Stock yields. (See Stocks.)
1-iH
Time loans, 90 days
percent..
H H-m 2V2TZV2 1-iH
HrlH
H
Savings deposits:
5,220
5,164
5,113
5,314
5,317
5,269
5,282
5,265
5,282
5,253
5,243
5,271
5,130
New York State
mills, of dolls..
* New series. For earlier data see p. 18 of the December 1932 issue. Data for Massa# Beginning with March 1932, method of computing rates was changed.
chusetts subsequently revised for 1931-32-33. See p. 19 of this issue.
• Revised.
« Rate changed June 23,1932, Mar. 3, Apr. 7 and May 26,1933.
* Estimated for 101 cities on basis of report for 90 cities.
• Figures incomplete due to bank holiday.




August 1933
Monthly statistics through December 1931, together with explanatory footnotes and references to the sources of the data, may be found
in the 1932 Annual Supplement to the Survey

31

SURVEY OF CURRENT BUSINESS

June

1933

1932

1933
June

July

Decem- January FebruOctober NovemAugust Septemary
ber
ber
ber

March

April

May

FINANCE—Continued
BANKING—Continued
Savings deposits—Continued
U.S. Postal Savings:
Balance to credit of depositors
thous. of dolls..
Balance on deposit in banks
thous. of dolls..
FAILURES
Bank suspensions:
Total
number..
Deposit liabilities
thous. of dolls..
Commercial failures:
Total
number..
Agents and brokers
number..
Manufacturers, total—
number..
Chemicals, drugs, and paints..number..
Foodstuffs and tobacco
number..
Leather and manufactures
number..
Lumber
number.,
Metals and machinery
number..
Printing and engraving
number..
Stone, clay, and glass
i
number..
Textiles
number..
Miscellaneous
number..
Traders, total...
number..
Books and paper
number..
Chemicals, drugs, and paints.. number _.
Clothing
number..
Food and tobacco
number..
General stores
number..
Household furnishings
number..
Miscellaneous
number..
Liabilities, total..
-thous. of dolls..
Agents and brokers
thous. of dolls._
Manufacturers, total
thous. of dolls..
Chemicals, drugs, and paints
thous. of dolls..
Foodstuffs and tobacco.-thous. of dolls.Leather and manufactures
thous. of dolls—
Lumber
thous. of dolls..
Metals and machinery thous. of dolls..
Printing and engraving..thous. of dolls—
Stone, clay, and glass thous. of dolls..
Textiles
_
thous. of dolls.Miscellaneous
thous. of dolls..
Traders, total
thous. of dolls..
Books and paper
thous. of dolls..
Chemicals, drugs, and paints
thous. of dolls..
Clothing
thous. of dolls..
Foods and tobacco
thous. of dolls..
General stores
thous. of dolls..
Household furnishings..-thous. of dolls..
Miscellaneous
thous. of dolls..
LIFE INSURANCE

1,184,948 784,821

828,549 847,421 858, 720 870,823 884,297 900,796 942, 519 1,006,1851,112,715 1,158,416 1,178,342

974,058 681,727 740,373 763,262 771, 219 783,921

779,971

792,725

974,142

993,339

1,909
161
466
17
48
17
59
61
38
24
45
157
1,282
20
119
194
431
61
212
245
47,972
8,074
19,021

151
132,661

132
48,743

85
29,513

67
13,508

102
20,092

93
43,319

161
70,914

241
135,020

148
72,870

1,648
133
362
9
35
11
40
46
32
17
41
131
1,153
13
97
200
387
46
174
236
35, 345
4,420
17,878

164
614
11
54
22
84
70
33
26
113
201
1,910
15
154
363
505
104
399
370
76,931
14,462
25,637

2,596
184
622
16
58
17
80
68
38
19
100
226
1,790
31
120
386
440
119
323
371
87,190
15,042
37, 229

2,796
177
649
19
55
28
74
68
42
17
117
229
1,970
29
133
404
573
107
340
384
77,031
12, 666
27,462

2,182
141
513
15
55
20
55
58
27
19
75
189
1,528
24
131
317
387
76
266
327
56,128
7,345
22, 310

2,273
150
542
14
52
19
70
56
31
29
74
197
1,581
22
121
278
479
98
256
327
52,870
7,857
18, 897

2,073
132
480
16
48
15
60
44
27
27
67
177
1,461
20
108
233
428
93
250
329
53, 621
6,808
23,918

2,469
169
614
14
67
17
78
63
33
18
92
232
1,686
17
151
334
461
123
250
350
61,189
9,721
24, 577

2,919
172
565
17
60
18
62
68
40
22
75
203
2,182
29
160
507
495
169
412
410
79,101
11,433
30, 747

2,378
157
500
15
43
17
55
59
27
22
43
219
1,721
9
121
361
450
107
355

1,948
150
462
9
47
18
45
51
27
22
64
179
1,336
11
86
230
351
96

318
65, 576
9,157
24, 363

294
48, 500
7,713
17, 583

1,921
147
422
10
41
13
44
66
33
17
44
154
1,352
19
129
239
400
69
224
272
51, 098
6,407
18, 737

150
372

315
483

2,977
388

354
1,444

474
930

409
613

484
1,061

797

5,599
1,170

739
1,233

341
526

607
545

311
2,166
2,179
678
1,118
948
5,125
17,878
221

491
5,494
2,703
1,059
700
4,641
9,751
36,835
228

755
5,930
8,115
1,270
688
5,775
11,331
34,920
558

2,222
3,701
5,068

699
1,230
4,614
8,130
36,905
433

529
6,660
4,302
1,248
444
1,342
6,381
26, 471
314

945
3,752
2,820
1,126
1,376
1,680
6,176
26,117
265

770
456
242
4,277
2,161
626
2,274
1,906
11, 206
23,095
347

3,814
2,527
1,354
1,454
3,142
10,172
29,890
272

2,310
4,255
3,326
923
1,007
4, 385
13, 457
36, 921
334

345
3,342
2,464
374
1,482
1,120
8,467
32, 056
72

322
2,539
2,766
461
671
1,463
7,389
23,204
90

421
3,618
2,867
1,410
975
951
7,628
25, 954
687

525
2,542
5,098
1,726
1,271
904
5,803
20,877
374

1,103
2,432
5,064
587
3,331
5,140

1,756
5,869
7,892
1,649
10,348
9,093

1,373
6,490
8,287
1,853
6,843
9,516

1,740
6,590
9,329
1,712
7,134
9,967

1,286
5,205
4,639
819
6,089
8,119

1,851
3,360
5,783
956
5,678
8,224

1,409
2,843
4,217
840
5,397
8,042

1,514
4,312
9,101
2,058
4,692
7,941

1,806
6,224
5,805
3,600
9,249
9,093

1,376
5,051
7,987
3,040
7,324
7,206

1,277
3,576
4,619
1,608
6,378
5,656

4,093
5,766
793
4,672
7,054

1,366
2,741
4,576
952
4,421
6,447

16,790
6,197
1,424
4,773

16,830
6,168
1,415
4,753

16,917
6,136
1,402
4,734

16,966
6,110
1,394
4,716

16,984
6,077
1,382
4,695

16,981
6,033
1,368
4,665

17, 020
6,002
1,357
4,645

17,047
5,960
1,343
4,617

6,206
1,366
1,671
2,649
520

6,224
1,378
1,674
2,649
523

6,231
1,400
1,670
2,639
522

6,238
1,406
1,671
2,638
523

6,259
1,427
1,672
2,637
523

6,266
1,447
1,670
2,631
518

6,275
1,465
1,666
2,627
517

6,267
1,466
1,665
2,618
518

2,936

2,941

2,948

2,967

2,997

2,975

2,987

2,987

1,059
29
781
248
670, 039
38,868
198,053
433,118
236, 284
17,037
7,285
58, 052
153,910

1,028
23
747
258
671, 242
36, 262
184,882
450,098
223,842
12, 282
7,063
51,048
153, 449

990
43
648
299
741,920
67,810
154, 864
519, 246
335, 642
28, 752
8,644
116,838
181,408

923
227
614, 431
22, 546
168, 312
423, 573
242,251
17, 612
9,235
59, 243
156,161

934
14
681
239
609, 725
16,842
168, 400
424, 483
229, 590
17, 283
7,571
51,997
152, 739

1,047
12
776
259
610, 414
17,345
187, 761
435, 308
229,160
14, 545
8,718
50,448
155, 449

14
747
235
628, 778
21, 711
183, 462
423, 605
227,102
13, 906
6,878
48, 519
157, 799

1,034
14
762
258
645,320
22,450
190,138
432, 732
241, 776
15, 308
7,786
53,440
165, 242

479
200
49
51
179

499
221
47
53
179

538
233
51
58
196
146

481
217
44
48
172

474
211
46
51
166

462
209
45
48
160
132

464
206
47
53
158

495
213
49
55
178

(Association of Life Insurance Presidents)
Assets, admitted, total f
mills, of dolls..
16, 600 16,639 16,675 16, 733
6,228
6,256
6,281
6,306
Mortgage loans
mills, of dolls..
1,434
1,443
1,450
1,458
Farm
mills, of dolls..
4,794
4,813
4,831
4,848
Other
_
mills, of dolls..
Bonds and stocks held (book value)
6,190
6,162
6,179
6,159
mills, of dolls1,353
1,344
1,327
1,318
Government
mills, of dolls..
1,669
1,670
1,669
1,670
Public utility
mills, of dolls..
2,653
2,655
2,657
2,660
Railroad
mills, of dolls..
515
508
511
511
Other
mills, of dolls..
Policy loans and premium notes
2,925
2,862
2,910
2,878
mills, of dolls..
Insurance written:t
951
1,026
1,091
1,101
Policies and certificates
thousands.. 1,076
25
41
17
18
26
Group
thousands..
792
681
774
845
Industrial
thousands..
830
258
229
236
228
245
Ordinary
thousands..
Value, total
thous. of dolls.. 687, 776 768, 233 691,364 668,779 639, 937
28,979 61,018
Group
thous. of dolls.. 43, 295 50,606
Industrial
thous. of dolls.. 198, 046 213,298 206, 641 196,340 174,156
Ordinary.
thous. of dolls.. 446, 435 504, 329 447, 739 443,460 404, 763
241,955 237,885 234,163 209,891
Premium collections t
thous. of dolls..
10,992 15,968 11,961 10, 221
Annuities
thous. of dolls..
6,798
7,980
7,683
7,506
Group
.thous. of dolls..
55,020 57,066 58, 635 53,379
Industrial
thous. of dolls..
168, 260 157,345 155,587 139,493
Ordinary
thous. of dolls..
(Life Insurance Sales Research Bureau)
490
438
486
536
488
Insurance written ordinary totaLmills. of dolls..
209
187
211
232
213
Eastern district
mills, of dolls..
47
42
47
53
47
Far Western district
mills, of dolls
57
48
51
56
51
Southern district
..mills, of dolls..
177
161
177
195
177
Western district
mills, of dolls
157
137
e rates
1925-26=100..
° Revised.
For
earlier
data see pp. 18, 19, and 20 of the July 1933 issue (insurance
t Revised series.
collections).




797,169 852,986 935,987

written and admitted assets); and p. 18 of the June 1933 issue (premium

32

SURVEY OF CURRENT BUSINESS

Monthly statistics through December 1931,
together with explanatory footnotes and references to the sources of the data, may be found
in the 1932 Annual Supplement to the Survey

1933

1932

1933

June

August 1933

June

July

Decem- January FebruOctober NovemAugust September
ber
ber
ary

March

April

May

FINANCE—Continued
MONETARY STATISTICS
Foreign exchange rates:
0.711
Argentina
dolls, per gold peso.
.171
Belgium
dolls, per belga.
.076
Brazil
dolls, per milreis.
.899
Canada
dolls, per Canadian doll.
.075
Chile
dolls, per peso.
4.14
England
dolls, per £ .
.048
France
dolls, per franc.
.288
Germany
dolls, per reichsmark.
.311
India
dolls, per rupee.064
Italy
dolls, per lira.258
Japan
dolls, per yen.490
Netherlands
dolls, per florin.104
Spain
dolls, per peseta.213
Sweden
dolls, per krona..
.560
Uruguay
dolls, per peso..
Qold and money:
Gold:
4,317
Monetary stocks, U.S
mills, of dolls..
Movement, foreign:
3,545
Net release from earmark.thous. of dolls..
Exports
thous. of dolls.. 4,380
1,136
Imports
-thous. of dolls..
Net gold imports, including gold released
301
from earmark# *
thous. of dolls..
Production, Rand
fine
ounces..
Receipts at mint, domestic fine ounces.. 64,445
5,742
Money in circulation, total—.mills, of dolls..
Silver:
343
Exports
thous. of dolls..
Imports
thous. of dolls.. 15,472
Price at New York
.dolls, per fine oz..
.357
Production, estimated, world (85 percent of
total)
thous. of fine oz.. 8,653
644
Canada
...thous. of fine oz..
Mexico
thous. offineoz__ 5,000
United States..
thous. of fine oz._
1,465
Stocks, end of month:
United States.
thous. of fine oz..
6,583
1,690
Canada
thous. of fine oz..
NET CORPORATION PROFITS
(Quarterly)
Profits, total
mills, of dolls..
Industrial and mercantile,
total
mills, of dolls..
Autos, parts and accessories.mills. of dolls..
Foods
mills, of dolls..
Metals and mining
mills, of dolls—
Machinery
mills, of dolls..
Oil
mills, of dollsSteel and railroad equipment
mills, of dolls..
Miscellaneous
mills, of dolls..
Public utilities
mills, of dolls..
Railroads, class I
mills, of dolls..
Telephones
mills, of dolls..

0.585
.139
.075
.867
.060
3.65
.039
.237
.272
.051
.303
.404
.083
.187
.472

0.586
.139
.076
.871
.060
3.55
.039
.237
.267
.051
.275
.403
.081
.182
.476

0.586
.139
.076
.876
.060
3.48
.039
.238
.262
.051
.245
.402
.081
.179
.474

0.586
.139
.076
.903
.060
3.47
.039
.238
.262
.051
.236
.402
.081
.178
.474

0.586
.139
.076
.912
.060
3.40
.039
.238
.257
.051
.231
.402
.082
.175
.474

• 3,956

3,942

4,030

4,140

4,226

-28,797
226,117
20,070

56,237
23,474
20,037

100,501
18,067
24,170

72, 289
60
27,957

45, 774
61
20,674

-234,844 52,800
959,011 980,160
104, 770 123,416
5,752
5,530

0.586
.139
.076
.873
.060
3.28
.039
.238
.248
.051
.206
.402
.082
.174
.473

0.586
.139
.076
.866
.060
3.28
.039

4,292

4,429

.051
.207
.402
.082
.179
.473

48, 566 A 71,023
16
13
21,756 100,872

106,614 100,186 66,387 70,306 171,872
991,000 961, 501 974,965 978,000 980,000
143,088 145,828 171,220 163, 545 141, 598
5,685
5,720
5,643
5,643
5,699

0.586
.139
.076
.875
.060
3.36
.039
.238
.254
.051
.207
.402
.082
.183
.473

0.586
.140
.076
.835
.060
3.42
.039
.238
.258
.051
.208
.403
.082
.183
.473

0.583
.140
.076
.835
.060
3.43
.039
.239
.258
.051
.213
.404
.084
.182
.474

4,547

4,491

4,260

'-91,494 *-178,285 *-100,092
14 21,521
28,123
128, 479 30,397
14,948

0.605
.145
.076
.847
.060
3.58
.041
.244
.269
.054
.221
.420
.089
.188
.478

0.679
.163
.076
.876
.063
3.93
.046
.274
.296
.061
.240
.470
.100
.202
.532

4,301

4,313

33, 701
16,741
6,769

22,114
° 22,925
1,785

36, 957 -169,409 -113,287 23,729
975
967,000 883,000 946,000 1 895,097 « 944,604
115,188 89,016 187, 694 120,461 114,017
5,892 187,694
5,631
6,137
5,876

1,268
1,401
.275

828
1,288
.267

433
1, 554
.280

2,052
.279

1,316
1,305
.272

875
1,494
.267

1,260
1,203
.250

1,551
1,763
.254

«209
855
.261

269
1,693
2.79

193
1,520
.307

235
5,275
.341

9,614
933
4,714
2,307

11,927
1,954
6,611
1,824

10,924
1,491
5,907
2,170

11,360
1,500
6,594
1,778

11,334
1,853
6,067
1,918

10,493
1,092
5,902
2,052

8,280
1,005
4,221
1,627

11,674
1,007
7,159
1,960

9,658
1,019
5,547
1,603

11, 656
1,309
6,436
2,574

9,003
1,015
4,628
1,907

<* 9 , 7 7 2

1,014
« 5,197
« 1,933

5,821
1,626

4,622
1,645

4,923
1,642

5,012
1,916

6,035
1,701

5,801
1,785

5,931
1,651

5,444
1,559

5,432
1,640

7,060
1,859

8,261
1,831

« 8, 568
1,707

170.0

183.3

209.5

d0.3
dl.4
24.0
d 1.9
dl.2
10.6

d21.1
(2 20.4
18.1
d2.5
dl.4

d37.9
d30.9
18.9
d6.1
d3.9
dO. 2

d

d32.1
1.7
66.0
45.2
59.1

d32.8
10.4
63.0
89.6
51.8

d30.1
14.4
62.0
130.8
54.6

<*30.7
17.1
67.6
33.9
41.4

7.5

123.8
18.6
d

17.8
1.6

d
d

1.6
15.0

PUBLIC FINANCE (FEDERAL)
Debt, gross, end of month
.mills, of dolls.. 22, 539 19,487 19,612 20,067 20,611
Expenditures, chargeable to ordinary
receipts
thous. of dolls- 411, 352 443,210 347,889 257,084 265,725
Receipts, ordinary, total
thous. of dolls.. 306,162 244,089 100,652 111,133 259,958
Customs-.
thous. of dolls.. 22,943 17,373 18,876 24,116 25,935
Internal revenue, total
thous. of dolls— 251,601 206,994 61,686 79,940 216,481
Income tax
thous. of dolls— 146, 575 160,502 17,457 15,083 142,203

20,813

20,806

373,209
148,004
24,744
89,850
13,063

246,159
124,507
34,051
85,484
14, 328

20,806

20,802

20,935

762,406 247,785 213,091
351,695 134,044 121,312
19,929 18,352 16,442
210,995 86,805 90,715
141,033 17,889 27,713

21, 441

21,853

282,368 352, 464
283,286 130, 552
17,444 17,400
242,464 89,062
176,259 19, 500

270,053
167,152
20, 515
114, 754
15,688

21,362

CAPITAL ISSUES
Total, all issues (Commercial and Financial
Chronicle)-.
thous. of dolls.. 222, 644 147,683 155, 557 169,482 138,607 124,062 76,400 157,920 109,963 56, 513
45, 388
19,094
Domestic, total
thous. of dolls.. 162, 644 147,683 155,557 167,482 78,607 120,047 76,400 157,920 109,963 56,513
43, 788
19.094
Foreign, total
thous. of dolls.. 60, 000
0
0
2,000 60,000
0
4,015
0
0
1,600
0
0
Corporate, total
thous. of dolls.- 60,378 29,340 111, 871 133,395 10,882 67,489 41,591 28,844 64,517 37,555
35, 541
5,418
Industrialthous. of dolls— 15,415
1,000
0
0
600
763
6,966
8,766
7,592
2,660
0
3,270
Investment trusts._
thous. of dolls..
0
0
0
0
0
1,200
0
0
0
0
0
0
Land, buildings, etc
thous. of dolls..
0
0
125
700
0
220
0
600
0
900
0
0
Long-term issues..
thous. of dolls..
0
0
80
700
0
220
0
200
0
900
0
0
Apartments and hotels.thous. of dolls..
0
0
0
0
0
0
0
0
0
0
0
0
Office and commercial-thous. of dolls—
0
0
0
0
0
0
0
0
0
0
0
0
Public utilities
thous. of dolls—
3,000
19,888 110,529 99,999
9,732 60,523 37,608
3,124 44,925
414
28,104
2,148
Railroads
thous. of dolls.. 41,963
0 26,450
9,327
0
0
1,800
15,000 12,000 36,241
4,778
0
Miscellaneous-_
thous. of dolls—
0
342
0
450
6,346
0
0
1,355
0
0
0
0
Farm loan bank issues.—
thous. of dolls—
0
4,000
30,000 16,000
0
9,100
5,000
13,000
9,500
1,400
0
0
Municipal, States, etc
thous. of dolls— 102,266 88,343 27,687 34,088 63,725 43,458 29,809 116,076 35,946 17,558
13,677
9,847
Purpose of issue:
New capital, total
thous. of dolls.. 110,148 83,420 105,336 61,645 89,971 100,020 44, 801 122,713 64,610 19,636
24,928
16, 265
Domestic, total
thous. of dolls.. 110,148 83,420 105,336 59,645 69,971 96,005 44,801 122,713 64,610 19,636
24,928
16,265
Corporate_
thous. of dolls.. 12,082
4,110 62,842 26,281
6,550 48,474 10,633 10,399 22,157
1,314
17,335
3,170
Farm loan bank issues-thous. of dolls—
0
0 16,000
4,000
5,000
0
13,000
9,100
9,500
1,400
0
0
Municipal, State, etc.-thous. of dolls.. 98,066
79,311 26,494 33,364 59,421 38,431 29,168 99,315 32,953 16,922
7,593
13.095
Foreign
thous. of dolls..
0
0
0
0
2,000 20,000
0
4,015
0
0
0
0
Refunding, total
thous. of dolls.. 112,496 64,262 50,221 107,838 48,636 24,042 31,599 35,207 45,353 36,877
20,460
2,829
Corporate
thous. of dolls.. 48,296 25,231 49,029 107,114
4,332 19,015 30,958
18,446 42,360 36,241
18, 207
2,248
Type of security, all issues:
Bonds and notes, total
thous. of dolls— 213, 592 147,683 154,557 164,683 138,257 120, 770 74,487 153, 209 106, 713 56,513
44,453
13, 677
Corporate.thous. of dolls.. 51,326 29,340 110,871 131,595 10,532 64,198 39,678 24,133 61, 267 37,555
5,418
34, 607
Stocks
thous. of dolls..
9,052
1,000
1,800
350
3,291
1,913
4,711
3,250
0
5,418
935
State and municipals (Bond Buyer):
Permanent (long term)
thous. of dolls..
85,588 30,362 47,568 82,737 , 67,178 47,726 165,167 85,930 64,951
45, 573
58,579
Temporary (short term)
thous. of dolls.124,685 46,032 74,368 81,688 1 28,928 40,589 145,590 105,173 77,389
92, 719 172,948
»Revised.
# Or exports (—).
d=deficit.
•New
series superseding old series which covered the physical movement only. For earlier data MW
_ iOOU
see „
p. 20 of .Decemberx A1932
issue.
h
Allowance has been made for gold earmarked at Bank of England for the account of the Federal Reserve Bank of New York.
» Differs from Federal Reserve Board figure, since $8,900,000 declared for export on Feb. 28 was not actually taken from Federal Reserve Bank of New York until




59,643
59, 643
0
15, 634
9,043
0
0
0
0
0
6,591
0
0
0
44, 009
43,802
43, 802
3,584
1
40, 218
0
15,841
12,050
56, 559
12, 550
3,084
« 53,977
« 105,047

Mar 1

33

SURVEY OF CURRENT BUSINESS

August 1933
Monthly statistics through December 1931, together with explanatory footnotes and references to the sources of the data, may be found
in the 1932 Annual Supplement to the Survey

1933

1933
June

June

July

August

1933

Decem- January
feerm* October November
ber

Se

March

April

May

FINANCE—Continued
SECURITY MARKETS
B o n d s
Prices:
All listed bonds, avg. price

(N.Y.S.E.)
dollars..
Domestic issues
dollarsForeign issues...
dollars..
Domestic (Dow-Jones) (40)
percent of par 4% bond..
Industrials (10)—percent of par 4% b o n d -

71.71
75.66

82.97
86.84
67.77

64.78

74.27
79.25
65.52

77.27
83.70
65.89

77.50
83.93
66.10

76.37
82.04
66.30

73.91
81.36
60.72

77.27
81.65
60.22

78.83
83.32
61.34

74.89
79.09
58.45

74.51
78.58
58.59

76.57
80.07
62.86

80.79
84.73
65.31

67.67
58.92

41.39
35.99

42.98
36.76

53.35
48.08

55.01
52.21

49.86
49.56

47.51
46.98

44.05
44.81

46.94
47.66

45.22
44.35

42.01
39.88

41.35
42.32

50.64
51.57

64.73
60.49
70.10
70.95
74.60
69.96
percent of par 4% bond—
xvaiis, mgn graae \w)
79.32
70.97
84.35
68.78
82.07
80.76
percent of par 4% bond..
Rails, second grade (10)
59.23
26.47
29.79
percent of par 4% bond..
27.52
36.67
36.88
75.1
84.3
85.2
72.8
86.8
Domestic! (Standard Statistics) (60)_dollars87.0
U.S.Government (Standard Statistics)*
99.99
101.33
101.95
dollars.. 103.54
102.47 102.52
57.11
44.47
51.72
55.82
58.00
Foreign (N.Y.Trust) (40)
percent of p a r 63.47
Sales on New York Stock Exchange:
Total
. . thous. of dolls, par value— 344,050 257,180 240,720 333,076 250,265 178,562
Liberty-Treas—thous. of dolls, par value.. 23, 583 67,049 46,432 25,769 24,351 20,250

69.49

69.79

73.66

71.53

64.99

64.62

69.09

78.19

77.88

82.49

81.92

77.23

73.62

80.35

27.98
83.1

24.20
82.2

25.95
84.1

25.17
82.5

23.92
76.7

22.71
75.4

30.60
82.0

102.57
53.17

103.19
57.51

103.75
59.83

103.36
54.19

101.09
53.55

102. 00
55.52

102.91
56.47

158,905
15,782

241,850
37,424

260,021
38,362

230,082
45,387

193,181
55,176

269, 585
61, 000

350,626
38,367

XToliin l o c i i a c lic+CkH r*Ti ~\T \^ Q 7? •

vaiue, issues iibit?u un i\.x .O.JCJ..

Par, all issues
mills, of dolls..
Domestic issues
mills, of dolls—
Foreign issues
mills, of dolls
Market value, all issues
mills, of dolls..
Domestic issues
mills of dolls
Foreign issues
mills, of dolls..
Yields:
Domestic t (Standard Statistics) (60).percentIndustrials (15). _
percent—
Municipals (15) t
percent—
Public utilities (15)
percentRailroads (15)
percent..
Domestic, municipals (Bond Buyer) (20)
percent..
Domestic, U.S. Government:
Treasury bonds (3 long term)
percent._
Treasury notes and certificates (3-6
months)
percent

40,878
32, 593
8,285
33,917
28, 303
5,615

52,086
33,219
18,868
37,353
25,132
12,222

51,991
33,152
18,839
38,615
26, 272
12,343

51,863
33,140
18,724
40,073
27,736
12,336

51,780
33,114
18,667
40,132
27,793
12,339

51,744
33,102
18,642
39,518
27,158
12,360

51,543
32,942
18,600
38,095
26,801
11,294

41,305
32,866
8,438
31,918
26,836
5,082

41,173
32,770
8,403
32,457
27,302
5,154

41,107
32,738
8,369
30,785
25,893
4,892

41,006
32, 666
8,340
30,554
25,668
4,887

40,948
32,624
8 324

26 121
5,' 233

40,844
32, 553
8,291
32,998
27, 583
5,415

5.37
6.39
4.71
5.03
5.34

6.64
9.17
4.81
5.77
6.83

6.42
8.67
4.78
5.65
6.60

5.57
6.93
4.50
5.22
5.65

5.35
6.61
4.39
5.06
5.36

5.50
6.91
4.37
5.11
5.63

5.68
7.32
4.38
5.14
5.86

5.75
7.38
4.37
5.06
6.19

5.59
7.29
4.23
4.91
5.93

5.73
7.60
4.28
5.11
5.93

6.25
8.14
4.88
5.54
6.45

6.38
8.27
5.05
5.63
6.56

5.78
6.94
5.27
5.26
5.63

3l] 354

5.09

5.09

4.82

4.55

4.57

4.59

4.65

4.61

4.48

4.92

5.24

5.69

5.35

3.40

3.78

3.65

3.57

3.54

3.54

3.55

3.48

3.39

3.47

3.58

3.55

°3.47

.07

.34

.22

.14

.03

.04

.07

.01

1.34

.45

.29

571,529 "657,337
134, 350 «217,026

814,400
255,400

392,490
143,900

437,440
125,000

621,654
167,300

438,032
130, 500

546,439
120,200

863,492
270,600

387, 200
145,400

430,351
140,000

561,279
136,850

428,449
153,884

115,800 «176,500
2,950 «10,700
3,000
5,300
437,179 440,311

185, 500
12,000
4,900
557,000

105,900
9,000
3, 500
248,590

103,000
7,300
3,200
312,440

140,900
10,400
4.000
454; 354

104,000
7,500
2,500
307,532

102,800
5,900
2,000
426, 239

225,000
10, 500
4,100
592,892

118, 500
8,000
4,900
241,800

117,500
11,300
3,300
290,351

100,300
11, 500
2,600
424,429

146,000
1,425
2,674
274, 565

211,890
191, 066
20,824

216,662
187,801
28,861

122,561
113,820
8,741

246,113
226,892
19,220

156, 599
154, 009
2,590

133,344
126,878
6,468

264,189
243, 592
20, 597

205, 769
190, 508
15, 261

164,840
140,343
24,497

222,244
206,328
15,916

162,468
158,000
4,468

130, 607
124,823
5,784

218, 591
199,362
19, 229

965.4
923. 29

1, 245.9
927. 05

1,216.5
927.11

1,163. 6
928.42

1,148.9
928. 67

1,146. 7
928.12

1,126.8
925. 58

1,119. 7
925. 25

1,112.9
924. 21

1,070.3
924.39

1,024.9
922. 56

1,006. 2
923. 32

976.0
923. 36

1.05
3.99
.72
1.66
2.19
.86

1.34
4.79
1.01
2.31
2.42
1.12

1.31
4.78
.99
1.95
2.35
1.12

1.25
4.78
.94
1.87
2.35
.81

1.24
4.78
.93
1.89
2.30
.81

1.24
4.78
.92
1.89
2.30
.81

1.22
4.79
.90
1.89
2.34
.81

1.21
4.79
.89
1.89
2.31
.81

1.20
4.78
.88
1.89
2.31
.86

1.16
4.78
.82
1.78
2.31
.86

1.11
4.36
.78
1.76
2.25
.86

1.09
4.32
.77
1.66
.86

1.06
4.32
.72
1.66
2.19
.86

46.9
18.0
15.7
40.02
67.65
12.39
34.0
33.5
55.0
14.1

46.2
18.6
16.1
40.18
66.87
13.50
35.9
35.8
55.4
15.6

67.5
29.1
29.4
61.70
98.07
25. 33
53.3
51.5
84.2
29.2

72.6
35.3
32.3
65.35
101. 58
22.13
58.2
55.8
91.4
34.5

63.5
28.2
28.3
56.17
90.07
22.29
49.9
47.7
80.6
27.5

62.1
27.6
27.4
57.63
92.71
22.56
47.5
45.4
77.6
25.5

59.1
27.1
26.2
55. 05
89.54
20.58
47.4
44.8
79.6
25.7

62.7
28.0
28.1
58.65
94.81
22.50
49.1
46.2
81.8
27.6

56.1
23.9
26.9
52.99
84.55
21.43
44.9
42.5
73.1
26.7

57.6
21.8
27.4
53.17
85.07
21.27
43.2
41.6
67.0
25.6

65.0
21.6
27 4
60.09
97.20
22.97
47 5
48.8
63.5
26.3

81.6
27.7
37.6
74.59
118. 40
30.79
62.9
65.3
79.2
37.5

39.4
25.4
22,998

43.2
26.9
23,056

64.8
43.4
82, 649

73.5
47.3
67,424

66.3
43.1
29,188

63.3
41.7
23,038

65.8
41.4
23,208

67.9
44.0
18, 720

63.5
42.5
19, 320

49.2
38.1
20,089

47.2
37 8
52,901

53.1
50.4
104,229

15, 633
1,315

20,495
1,315

27,783
1,312

26,735
1,311

23,441
1,312

22, 259
1,312

22, 768
1,312

23,073
1,303

19, 701
1,296

19,915
1,293

26,815
1,294

32, 473
1,294

10.30
10.15
10.21
12.45

8.85
8.80
8.75
9.91

5.65
5.75
5.74
4.47

4.91
5.22
5.03
2.51

5.73
6.08
5.64
3.11

5.84
6.12
5.87
3.33

5.68
6.00
5.61
3.28

5.42
5.78
5.28
3.05

6.10
6.36
6.10
4.13

6.30
6.25
6.82
5.22

5.58
5.24
6.83
5.12

3.99
3.67
5.18
3.59

8.38

8.22

7.11

6.88

7.02

7.19

7.34

7.17

7.32

7.52

7.32

6.78

Cash Dividend and Interest Payments
and Rates
Total (Journal of Commerce)—thorn, of dolls..
Dividend payments
_._thous. of dolls..
Industrial and miscellaneous
thous. of dolls..
Railroads, steam
thous. of dolls..
Railways, strest
thous. of dolls
Interest payments..
thous. of dolls..
Dividend payments (N. Y. Times)
thous. of dolls..
Industrial and miscellaneous.thous. of dolls. _
Railroad
. . . thous. of dolls..
Dividend payments and rates (Afoody's):
Dividend payments, annual payments at
current rate (600 companies).mills, of dolls.
Number of shares, adjusted
millions..
Dividend rate per share, weighted average
(600)
dollarsBanks (21)
dollarsIndustrials (492)
dollars.
Insurance (21)
dollars..

Public utilities (30)
Railroads (36)

—dollars-

dollars..

Prices:
Stocks
Dow-Jones:
94.1
Industrials (30)..
dolls, per share..
34.1
Public utilities (20)..
dolls, per share..
44.2
Railroads (20)
dolls, per share .
85.26
New York Times (50)
dolls, per share..
Industrials (25)
dolls, per share.. 134. 53
36.01
Railroads (25)
dolls per share
Standard Statistics (421)
1926=100
74.9
Industrials (351)
1926=100..
77.3
96.9
Public utilities (37)
..1926=100..
Railroads (33)
1926=100..
44.0
btanuara otatistics.
60.7
Banks, N.Y. (20)
. .
1926=100
55.7
Fire insurance (20)
1926=100
Sales, N.Y.S.E
thous. of shares- 125, 627
Value, and shares listed, N.Y.S.E.:
Market value all listed shares-mills, of dolls.. 36, 349
1,285
Number of shares listed
millions
Yields:
Common, Standard Statistics (90)..percent..
3.27
3.02
Industrials (50)
percent..
4.12
Public utilities (20).
percent3.06
Railroads (20)
percent..
Preferred, Standard Statistics:
6.38
Industrials, high grade (20)
percent-

2.19

Stockholders (Common Stock)
American Tel. & Tel. Co., total
number.. 690,886 703,080
7,147
7,564
F oreign
number
Pennsylvania Railroad Co., total
number.. 244, 295 250,822
3,305
3,279
Foreign
number
TJ g Steel CorDoration total
number
187,477 190,986
3,081
Foreign
number
3,151
16.03
17.91
Shares held by brokers
percent of total..
1

Revised.




705, 501
7,348
251, 041
3,327
189,981
3,140
14.27

t Revised series. For earlier data see p. 19 of the April 1933 issue.

701,037
7,507
250, 506
3,323
190,853
3,155
15.21

700,212
7,554
248, 688
3,310
193,140
3,192
16.07

* New series. See p. 20 of the June 1933 issue for earlier data.

34

SURVEY OF CURRENT BUSINESS

Monthly statistics through December 1931,
together with explanatory footnotes and references to the sources of the data, may be found
in the 1932 Annual Supplement to the Survey

1933
June

August 1933
1933

1932
June

July

Decem- January FebruOctober NovemAugust Septemary
ber
ber
ber

March

April

May

FOREIGN TRADE
INDEXES
Value:
Exports, unadjusted
1923-25=100..
Exports, adjusted for seasonal__1923-25=100_.
Imports, unadjusted
_ 1923-25=100..
Imports, adjusted for seasonal—1923-25=100..
Quantity, exports:
Total agricultural products
1910-14=100..
Total, excluding cotton
1910-14= 100..

32
36
38
40

30
34
34
36

28
32
25
27

29
31
28
29

35
33
31
32

40
33
33
32

37
32
32
32

35
33
30
30

32
31
30
29

28
28
29
26

28
29
27
25

30
32
33
32

72
45

61
71

63
59

64
60

90
66

126
98

120
85

116
67

97

67
59

59
51

71
47

73

VALUE §
Exports, incl. reexports
thous. of dolls.. 119,809 114,148 106,830 108,599 132,037 153,090 138,834 131,614 120,630 101,530 109,032 105, 219
By grand divisions and countries:
2,632
2,727
2,412
3,374
2,609
2,335
2,509
2,809
2,864
3,055
3,205
3,431
Africa
_thous. of dolls..
20,171 22,684
18,810
25,967
27,717
30,177
25,272
17,823
Asia and Oceania.
thous. of dolls.. 20, 625 20, 939 21,191
22,180
7,299
Japan
thous. of dolls..
9,614
6,406
7,720
6,635
5,707
4,927
7,803
10,716
13,121
15,606
11,185
51,099 50,321
52, 223
Europe.
thous. of dolls.. 58, 820 52,306
46,015
52,909
72,628
84,816
70,163
64,421
62, 218
7,653
France
thous. of dolls..
7,955
8,164
8,178
8,838
5,705
9,219
10, 252
10,184
11,158
10, 241
8,924
8,563
7,035
Germany
thous. of dolls.. 10,235
8,977
7,499
6,943
8,663
15,791
15,671
12, 534
10,421
11,739
4,058
3,986
3,101
Italy
thous. of dolls..
4,329
2,560
2,617
3,506
4,774
5,835
4,412
5,566
4, 443
18,730 17,645
32,920
24, 753
21,491
21,309
18, 235
United Kingdom...
thous. of dolls.. 22, 233 18,394
18,638
25, 725
16, 775
11, 703 14,200
North America, northern, .thous. of dolls.. 18, 421 20,866
13,418
19,330
19,230
19,196
20,777
18,824
13,645
12,664
11,501 13,841
13,159
Canada
-thous. of dolls.. 18, 069
20,451
18,953
18,846
18,731
20,504
18,326
13,437
12,432
8,091 10,621
North America, southern, .thous. of dolls.. 10, 636
10, 384
9,818
9,536
8,364
8,224
9,695
10,125
10, 412
9,296
2,173
Mexico
thous. of dolls..
2,967
2,852
2,821
2,758
2,660
2,521
2,340
2,905
3,208
2,907
2,682
8,131
South America
thous. of dolls..
7,573
7,784
8,580
7,808
7,553
6,778
7,000
8,462
9,396
10, 095
8,125
2,785
2,756
2,334
2,769
3,035
2,635
2,711
2,712
Argentina
-thous. of dolls..
2,253
2,550
1,873
2,535
2,682
Brazil
thous. of dolls..
1,912
1,647
2,641
1,787
1,825
1,984
2,265
3, 578
3,397
2,605
2,320
291
Chile
thous. of dolls..
375
297
518
197
280
260
220
245
234
348
294
By economic classes:
Exports, domestic
thous. of dolls.. 117,523 109,478 104,276 106, 270 129, 538 151,035 136,402 128,975 118, 600 99,438 106,310 103,106
31,848 29,359
Crude materials
.thous. of dolls.. 40,257
28, 621
24, 208
27,587
29, 742
60,517
55, 326
52, 234
42,294
47,397
20.6
Raw cotton
.mills, of dolls..
18.1
16.9
29.3
13.4
15.9
18.1
32.1
40.0
38.5
39.0
29.7
12,819 13,397
Foodstuffs, total—.
_thous. of dolls.. 13, 362
18,042
15,616
17,317
25,219
19,885
15,961
16,178
20, 381
11,310
3,244
Foodstuffs, crude..
-thous. of dolls..
3,524
2,510
2,704
6,896
5, 507
5,964
5,860
8,614
8,610
4,367
4,663
9,575
Foodstuffs, manuf
thous. of dolls.. 10, 659
9,873
8,800
11,146
10,109
11,352
14,521
16, 605
11, 275
11, 594
11,515
3.8
Fruits and preparations..mills, of dolls..
2.9
3.7
4.3
5.4
9.6
12.2
7.9
4.8
4.6
3.9
2.9
4.5
Meats and fats
mills, of dolls..
4.4
5.5
4.4
4.4
4.0
5.2
4.1
4.6
5.9
4.8
4.0
1.2
2.1
1.2
Wheat and
flour
.mills, of dolls..
3.4
2.7
3.5
5.1
2.9
2.0
2.6
1.3
1.1
13, 242 16, 507
Manufactures, semi
thous. of dolls.. 18,181
14,692
14,119
12,868
16,867
14, 589
15, 742
15,831
15,869
15, 292
Manufactures, finished thous. of dolls.. 45, 732 52,536
41,528 47,047
47, 884
46,955
46,343
45,891
48,433
46, 601
45,038
44,296
6.3
Autos and parts
.mills, of dolls.
6.9
7.4
7.0
6.3
6.2
5.1
4.9
5.0
4.4
5.1
6.5
3.9
5.3
5.4
3.8
Gasoline
.mills, of dolls.
7.7
5.6
4.6
5.1
5.3
5.8
3.9
6.0
Machinery
.mills, of dolls.
8.5
9.3
10.3
9.6
9.0
9.1
11.6
10.2
9.7
9.2
9.4
8.8
Imports, total
thous. of dolls. 122, 262 110,280
95,994
83,803 94,864
79, 421
91,102
97,087
98,411 105,499 104,468
88,412
By grand divisions and countries:
1,412
1,990
2,243
1,654
1,514
2,502
1,946
Africa
-thous. of dolls.
1,317
1,250
2,616
1,631
1,198
24, 247 28, 760
Asia and Oceania
thous. of dolls.. 33, 909 29,450
23,781
25,439
27, 732
28,110
30,348
30,628
31,090
27, 069
5,686
8,542
12,322
Japan
thous. of dolls.
11,467
10, 068
10, 505
11, 730
8,581
12,135
7,935
7,527
8,055
26,794 28,192
Europe
thous. of dolls.
24,421
41,174
25, 672
21, 526
26,335
32,390
36, 800
35,422
28,967
28,226
2,991
France.
thous. of dolls.
3,000
2,207
3,111
3,185
2,231
3,389
4,023
4,510
4,549
3,824
3,128
4,873
Germany
thous. of dolls.
5,612
6,800
4,968
4,464
5,698
6,754
7,152
6,380
4,752
5,212
4,727
2,552
Italy
thous. of dolls.
2,693
3, 318
3,720
2,391
1,900
2,502
3,131
3,900
3,984
3,618
2,977
5,347
United Kingdom
thous. of dolls.
11,171
5,178
5,194
6,421
6,789
6,540
4,852
4,279
4,371
5,796
5,095
8,567 10,123
North America, northern..thous. of dolls.
11,140
15, 716
18, 283
13,090
13, 532
13,172
14, 701
13, 789
11,493
11,419
8,529 10, 055 11, 078
Canada
thous. of dolls.
15, 263
17, 485
12, 720
12,741
12, 507
13,771
13,021
11, 006
10,744
8,197 11,490
North America, southern__thous. of dolls.
11, 678
10, 931
14, 430
9,078
12, 870
10,623
9,624
8,684
9,334
9,079
2,303
Mexico
..thous. of dolls.
3,046
2,517
2,505
3,905
1,748
2,062
2,425
1,942
1,819
2,285
2,575
14,008 14, 667
South America
thous. of dolls.
18, 289
20,791
10, 432
11,610
13, 244
14,853
13,723
14,719
13,563
12, 906
1,177
1,772
Argentina
thous. of dolls.
983
488
598
804
1,011
1,148
1,636
1,018
1,257
827
7,244
Brazil
thous. of dolls.
7,056
6,105
5,158
8,714
4,494
3,184
5, 532
6,383
6,617
6,114
5,816
230
Chile
thous. of dolls.
194
409
3,788
619
222
1,680
134
156
260
145
271
By economic classes:
21,129 23, 633 21,134
Crude materials
thous. of dolls.
34, 301
29,619
19, 456
22,150
27, 268
27, 202
27, 780
28, 737
27, 205
17,864 18,411
Foodstuffs, crude
thous. of dolls.
16, 557
17, 775
20,003
14, 600
13,885
17,327
19,445
19,153
17,643
17,929
Foodstuffs, manufactured-.thous. of dolls.
12,097 15,145
16, 270
19, 083
12, 795
11,661
15, 340
13,941
14, 056
12, 821
10, 519
12,817
Manufactures, semi
thous. of dolls.
13,606 14, 751 13, 537
27, 812
18,462
11,894
15,091
14,619
16,719
16,615
16, 747
16,154
Manufactures, finished
thous. of dolls.
23,290
29,402
21,810
24,635
19,107 22,924
25, 255
28,076
28,099
23,440
21,889
20, 914

114, 243
2,462
20,630
8,267
56, 883
8,077
11,415
4,558
18, 787
16, 730
16, 433
10,364
3,274
7,175
2,350
1,813
373
111,883
34, 977
26.1
13, 044
3,024
10, 020
3.8
4.9
1.0
17, 644
46,218
7.4
3.7
9.1
106,903
1,208
31,751
8,462
30,805
2,733
5,113
3,282
8,010
15,405
14,800
12, 697
3,586
15, 036
1,320
6,958
438
24,920
19, 721
20, 033
18, 337
23, 622

TRANSPORTATION AND COMMUNICATIONS
TRANSPORTATION
Express Operations
Operating revenue

thous. of dolls..

Operating income.

thous. of dolls..

7,769
122

7,124
132

6,775
136

7,122
132

7,216
130

7,039
134

7,351
124

6,603
136

6,368
138

6,438
129

8.225
697, 099
48, 625

8.235
638,678
44,650

8.219
637,191
45,400

8.229
659,316
45,114

8.212
702,854
48,647

8.235
684,096
47,600

8.235
728, 015
50,459

8.192
690,837
47,384

8.192
640, 635
43,656

8,169
689,427
46,471

53

61

Electric Street Railways
Fares, average (320 cities)
Passengers carried t
Operating revenues

cents.. 697,099
thousands..

693,493
47, 401

thous. of dolls..

Steam Railroads

49
64
Freight carloadings (F.R.B.):
23
31
Index, unadjusted
1923-25 = 100. _
21
25
Coal....
-_-.
1923-25 = 100..
82
83
Coke
1923-25=10064
51
Forest products
1923-25=100..
68
72
Grain and products
1923-25 = 100..
18
16
Livestock
1923-25=100..
53
62
Merchandise, l.c.l
1923-25 = 100..
Ore
._
__
1923-25
=
100..
§
1932 figures include final revisions.
revisions for January through March 1932 see issues of March, April, and May, 1933.
Miscellaneous
..1923-25
=For
100..
t Revised series. For earlier
data see
19 of this issue.




763, 031
45,784

56
47
33
30
81
51
68
21
60

35

SURVEY OF CURRENT BUSINESS

August 1933
Monthly statistics through December 1931,
together with explanatory footnotes and references to the sources of the data, may be found
in the 1932 Annual Supplement to the Survey

1933

1933
June

June

July

1933

Decem- January FebruAugust SeptemOctober November
ber
ber
ary

March

April

May

TRANSPORTATION AND COMMUNICATIONS—Continued
TRANSPORTATION—Continued
Steam Railroads—Continued
Freight carloadings—Continued
Index, adjusted
1923-25=100.
60
CoaL.._
-1923-25=100.
63
Coke
1923-25=100.
44
Forest products
1923-25=100.
34
Grain and products.
1923-25=100.
95
Livestock
..1923-25=100.
54
Merchandise, l.c.l
1923-25=10067
Ore—
....1923-25=100.
18
Miscellaneous
1923-25=100.
61
Total cars 1
thousands..
2,265
Coal
thousands..
362
Coke
thousands..
20
Forest products
thousands..
100
Grain and products..
..thousands..
147
Livestock
thousands..
62
Merchandise, l.c.l
thousands..
654
Ore
thousands..
44
Miscellaneous
thousands..
876
Freight car surplus, total
thousands454
Box.._
thousands.
242
Coal
thousands.
148
Equipment, mfrs. (See Trans. Equip.)
Financial operations (class I roads):
Dividends paid. (See Finance.)
Operating revenues
thous. of dolls.
Freight...
...thous. of dolls.
Passenger
..thous. of dolls.
Operating expenses
thous. of dolls.
Net operating income
thous. of dolls.
Operating results (class I roads):
Freight carried 1 mile—
.mills, oftons.
Receipts per ton mile
cents.
Passengers carried 1 mile
millionsWaterway Traffic
Canals:
207
Cape Cod
thous. of short tons.
479
New York State
thous. of short tons.
Panama, total
thous. of long tons.
U.S. vessels
thous. of long tons.
St. Lawrence
thous. of short tons.
3,582
Sault Ste. Marie
thous. of short tons.
Suez
..thous. of metric tons.
1,239
Welland
thous. of short tons.
Rivers:
283
Allegheny
thous. of short tons..
Mississippi (Government barges)
110
thous. of short tons..
1,397
Monongahela
thous. of short tons..
Ohio (Pittsburgh to Wheeling)
thous. of short tons,
Ocean traffic:
Clearances, vessels in foreign trade
5,515
thous. of net tons..
3,530
Foreign
thous. of net tons.
1,985
United States
thous. of net tons.
Shipbuilding. (See Trans. Equip.)
Travel
Airplane travel:
Passengers carried*
number.. '54, 023
Passenger miles flown* thous. of miles.. '18,831
Hotel business:
Average sale per occupied room
dollars..
2.83
Rooms occupied
percent of total47
Foreign travel:
Arrivals, U.S. citizens.
numberDepartures, U.S. citizens
number..
Emigrants
number..
Immigrants
number..
Passports issued
number.. 23,563
National parks:
Visitors
number.. 229,496
Automobiles
number.. 59, 924
Pullman Co.:
Passengers carried
thousands..
Revenues, total
thous. of dolls..

51
51
25
20
68
57
68
10
48
2,065
338
11
62
154
67
676
28
728
708
377
261

54
59
32
24
68
54
69
10
52
2,245
414
14
69
148
81
681
24
813
599
324
210

57

57

25
65
52
69
12
56
3,158
676
24
95
174
117
893
32
1,148
545
314
171

66
40
24
59
51
68
10
57
2,195
491
19
64
111
76
666
12
756
622
353
198

58
69
45
22
59
50
69
20
57
2,487
626
28
66
132
83
111
9
765
647
376
196

246, 237 237,813 252,102 272,473 298,462
185,940 179, 910 194,987 214, 599 244,074
32, 633 32, 713 31, 385 30,481 26,179
199, 331 191, 752 189, 631 189,377 200,147
12, 653 11, 597
49, 647 63,839

253, 575
203,146
24,859
189, 667
34,179

246,062
188,164
30, 202
188, 205
32,857

54
1,966
267
12
67
101
60
«681
14
764
773
387
314

49
2,422
361
13
73
185
72
816
31
872
764
387
304

56
56
40
22
61
50
69
20
57
1,910
429
21
55
106
69
613
7
610
692
381
233

54
65
45
19
58
49
66
20
51
1,958
492
25
55
101
62
618
7
598
650
368
206

50
55
35
20
69
45
62
23
47
1,841
366
18
59
104
52
624
8
611
681
362
244

53
53
29
22
99
53
63
17
52
2,505
397
17
86
177
82
803
16
926
619
314
237

56
52
33
28
99
54
66
14
57
2,128
318
15
83
148
66
661
31
805
553
281
204

226, 555 211,613 217, 599 224,877
179, 239 168, 790 174,916 180,212
26,654 23,585 21,886 22,920
181, 680 170,864 175, 295 173,296
9,855 10, 548 19,041
13, 266

255, 256
207,490
23,911
181, 584
403693

19,065
1.051
1,613

20, 046
1.065
1,556

22, 706
1.029
1,529

26, 344
1.010
1,231

21, 754
1.020
1,156

21,102
.978
1,380

19,986
.995
1,167

19, 117
977
1, 045

19 357
1 009
997

19, 831
1,012
1,088

21, 732

1.104
1,462

« 203
454
1,405
633
«903
1,988
1,816
1,065

214
376
1,260
576
822
2,638
1,906
1,030

214
528
1,349
650
938
3,095
1,893
1,162

215
478
1,347
638
1,061
3,807
1,768
1,292

235
554
1,582
723
1,014
3,924
2,171
1,252

224
588
1,532
682
751
2,877
2,021
1,087

224
0
1,622
587
51
215
2,177
147

200
0
1,464
560
0
0
2,225
0

158
0
1, 435
623
0
0
1, 983
0

192
0
1 738
724
0
0
2,468
0

212
183
1,528
302
352
696
2,289

245
542
1,630
783
835
3,490
2,142
1,109

147

109

148

127

170

150

110

83

81

92

115

168

94
776

81
799

72
683

79
701

82
776

434

465

400

357

456

« 113
1, 022
576

4,528
2,861
1,667

3,326
1,782
1,544

5,129
3,259
1, 870

108
571
392

107
562

100
601

95

109
796

367

430

446

534

113
763
494

5, 819
3,736
2,083

5, 879
3,807
2,071

6,191
4,053
2,138

5,902
3,747
2,155

5, 325
3,305
2,020

5,019
3,084
1,936

4,299
2,701
1,598

4,226
2,633
1,594

4,050
2,460
1,590

46, 639
12, 514

53, 759
14, 775

57, 995
15,936

52, 829
14, 586

38, 548
11,192

30, 671
9,102

22,889
6,913

24, 506
7,633

3. 11
49
18, 690
28, 357
8,301
2, 586
29, 273

3.09
45
28,006
59,298
11,328
2,07P
15,967

3.24
46
54,070
57,887
8,783
2,719
10,163

3.16

3.13
50

47

2.98
51

2.80
45

2.85
48

2.71
51

60, 258
38, 368
8,856
3,129
8,039

3.12
53
28, 058
28,854
7,788
2,388
6,133

24, 300
7,854
2.94
54

14,879
22,129
8,031
2,006
6,007

13,259
20, 461
8,040
1,846
4,838

14,159
19, 792
5,019
1,511
5,742

17, 005
19, 097
4,345
1,277
4,945

18,414
16, 682
4,287
1,393
6,480

18, 539
16, 012
4,409
1,300
9,744

20, 029
17, 727
4, 002
1,694
17, 428

255, 987 502, 762 488,562 211,601
123,179 133, 025 125, 973 57,226

69,454
19, 838

36, 290
7,947

27, 343
5,662

36,463
6,226

43, 379
6,496

40, 969
5,734

66, 313
11,326

92, 518
21, 733
951
2,711

24, 945 29,557
8,070 <* 9, 365

38, 543
12, 629

1,300
3,757

1,276
3,608

1,323
3,475

1, 339
3, 648

1,158
3,127

1,078
2,902

1,248
3,294

1,158
3,208

952
2,784

872
2,643

974

86, 725
59, 451
20, 203
58,477
19,057
16,109

82,187
56, 710
18, 566
57, 291
15,991
15,815

82, 690
55, 911
19,857
56, 976
17,048
15, 592

82,588
56,119
19,537
55,180
18, 743
15,498

83,045
57,094
19,093
55,390
18,966
15,379

80, 679
56, 356
17, 575
55, 444
17,061
15, 261

81,904
56, 500
18, 507
56,175
18, 540
15,142

79, 726
56,011
17, 016
58, 215
14, 024
15,015

76, 061
53.962
15, 512
55, 559
13,102
14,902

78,925
54, 615
18,155
57, 387
14, 254
14, 779

78, 053
54,116
17,442
55, 653
14, 897
14, 676

80,797
54,706
19,502
57,297
15, 996
14,589

9,116
6,997
8,002
725

7,788
5,844
7,918
d
516

6,545
7,646
602

8,728
6, 534
7,521
818

8,229
6,205
7,494
349

7,706
5,697
7,425
<*104

8,352
6, 334
7,010
888

7,317
5,529
7,117
d
9

6,976
5,250
6,605

8,827
6,841
7,055
1,375

7,992
6,133
6,655
938

9,169
6,952
6,945
1,817

COMMUNICATIONS
Telephone (class A companies):
Operating revenues...
thons. of dolls..
Station revenues
thous. of dolls..
Tolls, message
thous. of dolls..
Operating expenses...
-thous. of dolls..
Operating income
thous. of dolls..
Stations in service, end of mo
thousands..
Telegraphs and cables:
Operating revenues
thous. of dolls..
Commercial telegraph tolls.thous. of dolls..
Operating expenses
thous. of dolls..
Operating income
thous. of dolls..




1 Data for July, October, December 1932, and April 1933 are for 5 weeks; other months 4 weeks.
* New series. Covers scheduled airlines operating in United States. Earlier data not published.
» Revised.
*=deficit.
p Preliminary.

36

SUEVEY OF CUEEENT BUSINESS

Monthly statistics through December 1931,
together with explanatory footnotes and references to the sources of the data, may be found
in the 1932 Annual Supplement to the Survey

1932

1933
June

August 1933

June

1933

Decem- January FebruAugust Septem- October November
ary
ber

July

March

April

May

CHEMICALS AND ALLIED PRODUCTS
CHEMICALS

Alcohol:
Denatured:
Consumption (disposed of)
thous. of wine gal__
Production
thous. of wine g a l Stocks, end of month. ..thous. of wine gal._
Ethyl:
Production
thous. of proof gal..
Stocks, warehoused, end of month
thous. of proof gal..
Withdrawn for denaturing
thous. of proof gal—
Methanol, wood distilled:
Crude:
Production *
gallons..
Stocks, total *
gallons..
Refined:
Exports
gallonsPrice, wholesale, N.Y
dolls, per gal..
Production *
gallons..
Shipments*
gallons..
Stocks, end of month *
gallons..
Methanol, synthetic:
Production
gallons..
Shipments.
gallons..
Stocks, end of month
gallons..
Explosives:
Orders, new
thous. of lb_.
Production
thous. of l b . .
Shipments
thous. of l b Stocks, end of month
thous. of lb—
Sulphur and sulphuric acid:
Sulphur, production (quarterly)—long tons..
Sulphuric acid (104 plants):
Consumed in prod, of fertilizer.short tons..
Price, wholesale 66°, at works
dolls, per short t o n Production
short t o n s Purchases:
From fertilizer mfrs__
short tons..
From others
short tons..
Shipments:
To fertilizer mfrs
short tons..
To others
short tons..

5,253
6,203
5,461

8,679
8,172
5,016

7,000
6,633
4,639

7,041
7,255
4,841

10,577

11,908

12,365

13,355

13,140

7,301

5,278

6,014

9,084

8,229

9,012

9,149

19,068

20,071

18,070

18,780

19,154

18,020

16,140

14,782

15,022

16,639

19,186

19,094

8,932

0,924

13,780

11,906

11,005

8,011

6,722

5,060

6,601

7,013

6,071

8,264

3,041
5,382
4,533

6,277
4,017
3,468

5,328
4,616
2,750

4,519
3,614
1,839

3,758
3,909
1,088

3,900
4,147
2,230

3,654
3,682
2,256

4,818
4,915
2,349

179,368
317,110

135,837
511,120

111,113 98,872 98,108 188,405 290,557 303,026 312,481 256,826 268,064 174,201
271,914
558,374 477,538 329,507 253,055 273,701 228,867 207,163 281,484

184,921
253, 499

33,100
.37
98,131
131,203
315,680

55,129
.37
97,154
119,571
276,287

47,733 60,123 134,564 79,714 83,731 62,156 112,122 62,613 233,754 147,338
.37
.37
.37
.37
.37
.37
.37
.37
.37
.37
83,534 150,686 102,448 197,534 140,584 173,636 165,860 117,236 124,086 82,846
117,248 145,724 92,220 159,491 195,065 196,786 50,546 00,285 93,848 105, 559
242,573 247,535 257,763 295,806 241,325 218,175 324,489 351,440 381,678 358,965

59,621
.37
95, 365
105, 578
348, 752

559,002 712,537 793,639 792,641 697,890 571,372 531,635 643,598 352,748 324,527 178,232 425,333
830,220 587,442 294,911 461,299 550,862 958,009 819,251 587,406 512,781 625,484 665,702 576,646
,444,329 1,852,057 ;, 351,265 1,682,607 1,829,635 (,442,098 J, 154,482 5,210,674 1,050,641 1,740,684 2,262,214 !110901
14,319
14,018
13,790
17,588

14,473
12,563
13,918

15.50

22,122
22,624
23,011
14,213

19,074
20,753
20,054
14,912

99,615

17,008
17,030
17,807
15,020

17,120
17,777
17,520
15,545

15,437
16,008
16,424
14,035

15,435
15,804
14,986
15,307

15,006
16,005
15, 502
15, 711

14,975
15, 781
15,449
16,033

16,192

17,607
17,903
18,056
15,187

29,658

32,590

52,272

53,259

74,813

100,446

87,500

76,573

71, 649

67,162

15.50
44,930

15.50
45,393

15.50
58,345

15.50
61,152

15.50
15.50
15.50
15.50
84,471 115,684 110,350 114,618

15.50
90,825

15.50
79,328

15.50
73,900

15. 50
90,605

2,315
13,078

7,514
13,677

12,404
6,586

11,846
4,652

16,224
0,158

14,702
13,429

17,583

13,794
15,002

10,625
0,087

10,309
8,544

12, 222
14,487

7,311
8,247

4,329
17,938

4,478
14,242

5,720
24,380

7,139
23,261

10,920
23,579

10,165
22,805

15,284
24,363

14,641
26,538

14,063
21,675

14,439
19,751

14,065
23,612

13,194
37,278

«42
52,000
12,255
36,731
114
58,018
38,351
647
3,154
7,533

14
7,633
51,721
306
49,985
26,637
11
3,514
18,172

40
52,926
15,234
36,708
172
57,530
26,208
0
4,063
23,650

97
64,701
32,606
30,005
374
88,006
44,817
517
3,220
33,534

67,268
20,679
44,204
50
91,619
42,831
13
9,506
30,000

60
71,724
13,833
50,299
65
85,206
48,627
4,887
4,888
24,478

85
71,136
18,185
52,314
73
47,956
30,760
48
4,878
7,128

205
56,163
8,829
44,128
14
94,313
55,281
405
5,956
24,968

59,894
7,836
50,143
80
90,349
65,457
2,516
4,539
17,998

825
119
85,481 69, 580
9,485
4,239
73,165 63,621
55
57
97,507 102, 204
61,535 70,934
106
66
5,814
3,934
21,885 20, 537

235
60,349
5,987
52,479
104
101,085
59, 561
8,431
3,486
22,714

1.770

1.770

1.633

1.220

1.240

1.270

1.295

1.295

1.295

241,958

20,867
19,557
20,152
14,548

366,015
761,369
, 715, 547

116,478

188,607

194,471

102,886

FERTILIZERS
Consumption, Southern States
43
thous. of short t o n s Exports, total§
long tons.. 85,534
7,625
Nitrogeneous§
long tons..
Phosphate materials
long tons.. 71,624
166
Prepared fertilizers
long tons..
Imports, total §
-long tons.. 105, 083
Nitrogenous!
long tons.. 72,190
Nitrate of soda§
-long tons.. 29,921
5,246
Phosphates
long tons..
Potash
long tons.. 19,107
Price, nitrate of soda, 95 percent, N.Y.
1.345
dolls, per cwt..
Superphosphate, bulk:
Production._
short tons..
Shipments to consumers.
short tons..
Stocks, end of month
short tons..

1.295

1.305

1.345

61,539 69,813 112,919 117,175 150,018 209,476 224,794 227,154 188,631 167,114 158,890
7,892 16,188 31,561 155,402 265, 511
21,498 10,774 12,275 80,779 47,338 13,028
855,535 852,587 868,657 853,035 874,042 979,903 1,076,520 1,089,429 1,066,567 897,888 521, 297

177, 649
94,066
477,497

NAVAL STORES
Pine oil:
Production
gallons.. 215,130 189,752 201,608 189,132 231,115 195,248 227,273 199,202 233,286 186,598 202,929 184, 760
Rosin, gum:
2.89
3.28
2.89
2.89
3.41
3.44
3.01
4.30
3.23
3.65
3.55
3.15
Price, wholesale " B , " N.Y...dolls. per bbL.
Receipts, net, 3 ports
bbl. (500 lb.)_. 121,946 96,115 104,904 99,148 83,484 75,153 76,804 71,458 35,064 30,639 35,796 63, 372
Stocks, 3 ports, end of month-bbl. (500 lb.)-. 219,882 366,318 371,797 386,664 356,985 335,301 346,908 332,613 295,859 263,270 237, 350 212,526
Rosin, wood:
Productionbbl. (5001b.).. 35,163 29,483 30,076 31,141 31,155 33,132 31,308 29,220 31,188 25,583 26,597 24,926
63,058 96,314 104,448 104,990 102,422 96,367 98,048 100,053 104,771 104,223 98,615 86,406
Stocks, end of month
bbl. (500 lb.).
Turpentine, gum:
.46
.43
.42
.42
.46
.41
.45
.46
.46
.45
.45
.43
Price, wholesale, N.Y
dolls, per gal6,710 18,176
2,826
6,283
Receipts, net, 3 ports
bbl. (50 gal.).. 35,549 26,841 29,723 27,770 22,811 19,362 18,125 15,979
Stocks, 3 ports, end of month.bbl. (50 gal.).. 64,824
70,242 82,532 86,467 82,364 82,503 91,212 91,971 84,096 74,894 63,679 59,212
Turpentine, wood:
4,255
5,070
3,831
5,514
4,861
5,202
4,175
4,878
5,020
5,454
4,975
4,827
Production
bbl. (50 gal.)..
7,242
6,930
7,054
8,312 10,602 13,112 14,194 14,399 12,387 10,863
7,412
Stocks, end of month
bbl. (50 gal.).
5,560
OILS, FATS, AND ANIMAL
BY PRODUCTS
Animal fats and byproducts (quarterly):
Animal fats:
171,011
Consumption, factory
thous. of l b .
178,375
474,719
Production
thous. of lb_
553,147
240,524
303,339
Stocks, end of quarter
thous. of l b .
Animal glues:
15,542
11,755
Production
thous. of l b .
73,954
Stocks, end of quarter
thous. of l b .
74,726
Gelatin, edible:
3,924
1,300
Production
thous. of l b .
Stocks, end of quarter
thous. of l b .
10,457
8,508
• Revised.
• New series. For earlier data see p. 20 of the April 1933 issue.
§ Data for 1932 revised. For revision covering months of January-April 1932 see p. 36 of the June 1933 issue.




149,864
570,199
235,326

138,652
598,610
283,313

14,085
72,856
3,511
9,107

4,937
10,751

208,133
4.10
110,450
227,022
31,045
70,934
.47
32,359
67,117
5,028
6,981

37

SURVEY OF CURRENT BUSINESS

August 1933
Monthly statistics through December 1931,
together with explanatory footnotes and references to the sources of the data, may be found
in the 1932 Annual Supplement to the Survey

1933
June

1933
June

July

1933

Decem- January FebruAugust SeptemOctober November
ary
ber
ber

March

April

May

CHEMICALS AND ALLIED PRODUCTS—Continued
OILS, FATS, AND ANIMAL BYPRODUCTS—Continued
Animal fats and by-products—Continued
Greases:
Consumption, factory
thous. of ReProduction
thous. of Restocks, end of quarter
thous. of lb_.
Lard compounds and substitutes:
Production
thous. of lb .
Fish oils (quarterly):
Consumption, factory . «. thous. of ReProduction
thous. of ReStocks, end of quarter
thous. of Re.
Vegetable oils and products:
Vegetable oils, total:
Consumption, factory (quarterly)
thous. of lb .
Exports
-thous. of Re- 1,234
Imports §
thous. of Re- 87,056
Production (quarterly)
thous. of ReStocks, end of quarter:
Crude
-thous. of Re_
Refined
thous. of ReCopra and coconut oils:
Copra:
Consumption, factory (quarterly)
short tons..
Imports short tons— ~~27,~257~
Stocks, end of quarter
short tons..
Coconut or copra oil:
Consumption, factory:
Crude (auarterlv)
thous. of lb
Refined, total (quarterly)
thous. of Rein oleomargarine
thous. of lb
Imports
thous. of Re- 29,776
Production (quarterly):
Crude
thous. of lb
Refined
thous. of lb—
Stocks, end of quarter:
Crude
thous. of ReRefined
thous. of lb__
Cottonseed and products: t
Cottonseed: t
Consumption (crush)
short tons.. 171,669
Receipts at mills
short tons.. 40,659
Stocks at mills, end of month.short tons.. 316,764
Cottonseed cake and meal: t
Exports*
short tons..
Production.
short tons— 79,975
Stocks at mills, end of month-short tons— 197,902
Cottonseed oil, crude: t
Production
thous. of Re- 56,347
Stocks, end of month
thous. of lb__ 63, 759
Cottonseed oil, refined:
Consumption, factory (quarterly)
thous. of lb
In oleomargarine
thous. of lb—
Price, summer yellow, prime, N. Y.
dolls, per Re.056
Production t
thous. of Re- 70, 512
stocks, end of month t
thous. of lb— 737,849
Flaxseed and products:
Flaxseed:
Imports, United States thous. of bu._ 1,056
Minneapolis and Duluth:
Receipts
.thous. of bu_.
Shipments.
thous. of bu_Stocks, end of month
thous. of bu—
Oil mills:
Consumption, quarterly-thous. of bu.
Stocks, end of quarter..-thous. of bu._
Price, no. 1, Minn
dolls, per bu—
Production, crop estimate.thous. of bu— •9,185
Stocks, Argentina, end of month
thous. of bu—
Linseed cake and meal:
Exports
-.
thous. of lb— 26,862
Shipments from Minneapolis
thous. of Re. 7,792
Linseed oil:
Consumption, factory (quarterly)
thous. of lb
Price, wholesale, N.Y
dolls, per Re.094
production (quarterly)
thous. of Re.
Shipments from Minneapolis
thous. of l b - 7,855
Stocks at factory, end of quarter
thous. of lb
Lard compound:
Price, tierces, Chicago*
dolls, per Re.
.075
Oleomargarine:
Consumption (tax-paid withdrawals)
thous. of Re. 15,578
Price, standard, uncolored, Chicago
dolls, per Re.095
production
thous. of Re.
«As of July 1.
/ As of Dec. 1.




50,617
80,923
78,747

50,047
74,640
69,162

48,575
80,058
72,013

44,889
79,411
71,894

221,006
23,527

276,916
24,480

225,932
26,265

203,564
25,020

35,103
5,938
183,960

38,943
36,722
195,886

36,817
28,682
197,290

29 741
18,197
181,374

615,691
3,123
54,231
403,439

2,815
61,377

867
55,978

553, 546
704,882

5,516
41,085

3,961
50,631

538,909
532,231

49,656
11,074 "I3,"283" "~14~482~
11,838
124,120
59,171
7,181
25,725

506,351
2,029
43,971
418,363

42, 067
16,397
9,448

837,087
6,356
66,191
798,395

7,406
75,298

6,627
40,237

575,970
763,781

23,362

25,049

56,959
26,772
28,084

18,009

27,300

59, 225
14,852
24,571

67,701
12,234
26,110

62,358
54,351

53,015
57,350

70,819
59,847

76,028
61,785

178,229
14,500

145, 339
13,004

120,928
14,227

138,551
14,382

9,621
15,698

112,963
64,701
352,113

90,262
38,173
300,024

151,193
119,936
265,372

8,084
52,304
135,516

2,119
41,208
114,656

40,454
51,172

2,243
82, 720

15, 754

24,895

120,207

62,380
10,425 "II,"920" "~II,"936~
9,442
14,912
17,335

6,881
23,605

2,357
55,039

664,447
839,933

127,640

130,032

660,362
4,697
69,913
600,825

13,434 "I6,~706~
28,136
13,148

69, 426
13,498 " 12," 788"
20, 210
29,651

12,272
32,677

873,033 711, 236 673,397 483,290 419,354
968, 757 1,258,516 892,182 381,139 300,753
666,877 1,214,157 1,432,942 1,328,607 1,211,440

440,333
198,291
969,398

368,336
148,382
749,164

249,267
95,100
594,997

219,024
71,921
447,894

3,030
70, 271
97,481

12,622
256,555
201,421

25,702
319,695
308,788

18,430
302,815
367,661

28,698
216,133
366,626

21,941
190,943
342,565

23,873
198,762
332,624

5,039
167,464
286,197

4,564
115,602
221,453

5,373
100,631
207,175

29,281
29,524

45,539
28,315

173,198
103,100

218,949
133,875

208,238
147,746

151,315
143,835

130,699
146,688

139,178
159,060

116,668
161,246

80,163
122, 517

73,324
81, 279

223,273
986

931

1,241

283,700
1,292

1,270

1,378

229,799
1,519

1,467

1,274

209,942
1,408

1,382

1,491

.033
70,887
672,822

.038
47,775
628,420

.045
38,273
525,303

.045
81,183
503,199

.040
165,906
581,583

.037
187,047
670,558

.035
133,618
730,492

.036
112,212
759,730

.035
113,517
802,125

.037
107,938
807,376

.040
97,615
804,201

.050
107, 508
779,447

511

103

20

603

437

384

914

368

570

732

221

806

347
267
902

175
306
763

2,486
519
1,565

2,845
1,427
3,265

1,548
1,700
2,109

729
1,340
1,200

434
293
1,210

399
393
1,023

101
126
1,026

107
153
950

179
235
1,037

524
267
912

3,507
1,454
1.05

."98"

3,739
2,663
1.11

1.13

1.06

4,998
3,121
1.09
/11,787

1.16

1.10

4,365
1 646
1.13

1.28

1.43

-Tor

7,874

7,480

7,087

5,906

3,937

3,937

5,512

5,512

5,512

6,299

6,693

8,268

20,787

30,536

19,372

5,923

22,116

17,797

14,753

26,690

22,799

17, 291

20,518

17,676

3,665

7,610

12,960

14,338

11,367

8,411

8,576

8,297

6,410

8,693

9,564

10,799

65,253
.059
65,764

.056

.055

51, 575
.061
68,503

.063

.067

43,833
.069
90,987

.073

.072

39,021
.075
79,595

.078

.087

4,666

3,433

4,752

7,257

4,849

4,007

2,510

4,108

3,462

4,405

8,152

8,770

116,082

97,496

121,775

141,105

.061

.065

.069

.074

.066

.063

.060

.059

.059

.060

.063

.073

10,945

11,360

15,020

16, 211

19,391

20,048

18,269

22,920

15,498

23,106

18,358

19,578

.095
12, 111

.091
11,408

.093
16,016

.095
17,128

.095
19,528

.095
19,166

.095
20,142

.095
21,023

.080
17,246

.077
21,387

.081
20,439

.094
20,031

t For revisions of the year ended July 1932, see p. 20 of the February 1933 issue.
* New series. Earlier data not published.
§ Data for 1932 revised. For revisions for months of January through April 1932 see p. 37 of the June 1933 issue.

38

SURVEY OF CURRENT BUSINESS

Monthly statistics through December 1931,
together with explanatory footnotes and references to the sources of the data, may be found
in the 1932 Annual Supplement to the Survey

1933
June

August 1933
1933

1932
June

July

Decem- January FebruAugust SeptemOctober Novemary
ber
ber
ber

March

April

May

CHEMICALS AND ALLIED PRODUCTS—Continued
PAINTS
Paints, varnish, and lacquer products: #
Total sales (588 estab.)
thous. of dolls.
Classified (315 estab.)
thous. of dolls.
Industrial
thous. of dolls.
Trade
thous. of dolls.
Unclassified (273 estab.)...thous. of dolls.
Plastic, cold-water paints, and calcimines:

19,637
13, 419
4,685
8,734
6,218

14,430
9,852
3,793
6,059
4,578

16,806
11,198
3,981
7,217
5,608

15,592
10,607
3,997
6,610
4,986

13,260
8,796
3,599
5,197
4,464

10,128
6,730
3,223
3,507
3,398

11,946
7,694
3,530
4,164
4,252

dollars.
..dollars.
dollars-

93,052
78,961
59,870

75,228 102,299 117,732
82,639 64,229 68,485
45,281 54,028 48,150

113,493
65,529
47,344

68,098
129,064
42,228

65,660
50,170
30,756

60,047
74, 379
37,214

135
188
940
1,007

144
154

72
105

839
818

713
787

Calcimines—
Plastic paints
Cold-water paints.

PYROXYLIN PRODUCTS
Rods:
Production*
thous. of lb__
Shipments*
thous. of lb—
Sheets:

Production*
Shipments*
Tubes:
Production*
Shipments*

_

thous. of lb_.
thous. of lb

630
573

16,032
10,770
3,851
6,919
5,263

65

142
126

155
163

389
541

540

802
941

thous. of lb
thous. of lb_.

ROOFING
Dry roofing felt:
Production
short tons—
Stocks, end of month
short tons..
Prepared roofing, shipments:
Total.
thous. squares
Grit roll
thous. squares.
Shingles (all types)
thous. squares
Smooth roll
thous. squares

12,346 a 14,436
« 9,174
8,184
3,385
3,417
4,767 « 5,799
4,161 « 5, 253

«20, 343
«13, 319
« 4, 672
« 8, 647
« 7, 025

27, 574
17, 805
6,053
11, 752

75,988
104,789
42,320

99, 810
86,440
44,159

116, 523
88, 071
61,314

181, 237
115,281
83, 552

76
119

81
102

65
91

105
132

163
127

635
753

597
688

535
687

594
804

955

14
29

23
26

18
33

26
27

33
37

33
47
19, 678
5,472

13,103
5,388

12,136
4,909

18,474
4,078

22,781
3,717

17,778
3,706

9,450
4,662

7,604
4,827

5,460
4,864

11,100
5,146

14,168
4,959

16, 477
4,454

20,741
3,701

1,524
374
433
717

1,718
396
453
870

2,837
672
707
1,457

3,103
764
878
1,461

2,573
630
656
1,287

1,202
271
192
739

621
141
118
362

840
191
113
535

1,694
348
323
1,022

2,731
525
522
1,685

2,267
522
470
1,275

2,798
685
672
1,441

ELECTRIC POWER AND GAS
ELECTRIC POWER
"Consumption, industrial, for power purposes.
(See Business Indexes.)
Fuel consumed in production of electrical
energy. (See Fuels.)
Production, total t
mills, of kw.-hrs—
By source:
Fuels
mills, of kw.-hrs..
Water power
mills, of kw.-hrs._
By type of producer:
Central stations
mills, of kw.-hrs—
Street railways, manufacturing plants, etc.
mills, of kw.-hrs—
Sales of electrical energy:
Sales to ultimate consumers, total
(N.E.L.A.)
mills, of kw.-hrs..
Domestic service
mills, of kw.-hrs—
Commercial—retail
mills, of kw.-hrs—
Commercial—wholesale, jnills. of kw.-hrs—
Municipal and street lighting
mills, of kw.-hrs—
Railroads:
Electrified steam
mills, of kw.-hrs..
Street and interurban..mills. of kw.-hrs—
Gross revenue from sales of energy (Electrical
World)
thous. of dolls..
Revenues from ultimate consumers
(N.E.L.A.)
thous. of dolls..

6,563

6,547

6,764

6,752

7,073

6,952

7,149

6,932

6,286

« 6,674

« 6, 461

6,964

3,876
2,687

3,858
2,689

4,179
2,585

4,316
2,436

4,351
2,722

4,087
2,865

4,377
2,772

3,982
2,950

3,651
2,635

3,664
« 3,010

« 3, 368
« 3,093

3,590
3,374

6,148

6,123

6,328

6,315

6,609

6,513

6,670

6,535

5,922

«6,265

« 6,058

6,542

415

424

436

437

464

479

397

364

409

403

422

5,022
869
981
2,617

854
1,007
2,550

5,045
838
1,016
2,617

5,238
911
1,055
2,698

5,326
984
1,065
2,653

5,423
1,076
1,117
2,578

5,345
1,131
1,125
2,383

5,373
1,206
1,121
2,343

5,026
1,074
1,044
2,248

4,878
1,004
984
2,221

4,988
980
984
2,423

5,237
907
969
2,772

156

163

175

183

199

207

217

234

211

196

179

167

42
314

41
309

42
311

41
305

45
331

46
350

50
382

49
361

50
348

55
361

53
318

55
314

154,960 152,370 152,020

159,040

165,410

169,730 171,880

171,370

158,620

151,920 151,420

143,396

140,986

140,256

145,976

151,551

156,862 157,561

160,279

149,768

142,487

142,512

141,163

10,220
9,669
51
492
30,149
22,944
511

10,212
9,670
45
490
27,581
21,158
227

10,155
9,616
46
485
25,608
19,519
177

10,203
9,659
49
488
28,213
21,899
219

10,159
9,606
58
487
30,335
22,990
794

10,002
9,445
63
486
31,824
21,641
3,244

9,907
9,356
61
482
32,324
21,937
3,424

9,879
9,328
62
481
30,949
20,714
3,395

9,853
9,305
61
478
30,655
20,821
3,216

9,824
9,279
61
476
30,459
21,103
2,576

9,826
9,281
58
479
29,937
21,481
1,449

GAS

Manufactured gas:*
Customers, total
thousands.
Domestic
thousandsHouse heating
thousands.
Industrial and commercial
thousands.
Sales, to consumers
mplions of cu. ft.
Domestic
millions of cu. ft.
House heating
millions of cu. ft—
Industrial and commercial
millions of cu. ft—
Revenues from sales to consumers
thous. of dolls.
Domestic
thous. of dolls.
House heating
thous. of dolls__
Industrial and commercial-thous. of dolls..
."Natural gas:*
Customers, total
thousands.
Domestic
thousands.
Industrial and commercial
thousands.
Sales to consumers
millions of cu. ft.
Domestic
millions of cu. ft.
Industrial and commercial
I
millions of cu. ft—
Revenues, from sales to consumers
thous. of dolls..
Domestic
thous. of dollsIndustrial and commercial.thous. of dolls..
#
*
t
°

10,038
9,484
62
484
30,186
21,338
2,030

6,559

6,071

5,778

5,949

6,372

6,632

6,737

6,778

6,661

6,438

6,607

6,864

34,093
27,725
409
5,852

31,664
25,934
208
5,426

29,687
24,220
163
5,208

32,405
26,727
198
5,375

34,011
27,612
632
5,650

33,022
25,596
1,458
5,845

34,134
25,802
2,213
5,990

34,288
25,929
2,292
5,945

32,872
24,608
2,289
5,841

32,509
24,551
2,166
5,667

32,435
25,020
1,787
5,516

32, 205
25,422
1,014
5,649

5,493
5,031
460
54,856
13,901

5,446
4,994
450
48,466
9,774

5,420
4,972
446
48,549
8,034

5,427
4,980
446
52,615
8,509

5,453
4,996
455
60,001
13,541

5,486
5,020
464
73,280
21,625

5,499
5,032
466
88,716
35,325

5,470
5,003
465
90,047
40,477

5,503
5,011
491
86,262
34,998

5,470
4,986
482
33,153

5,430
4,955
473
73,188
28,182

5,444
4,972
470
62,095
20,687

40,507

38,125

39,935

43,651

45,283

50,558

52,175

48,777

50,337

46,361

44,423

40,640

20,001
11,676
8,261

17,063
9,437
7,558

16,501
8,823
7,600

17,469
9,243
8,147

20,720
11,607
8,964

25,907
15,464
10,245

33,407
21,784
11,455

35,709
24,450
11,130

22,250
11,487

30,858
20,201
10,530

27,322
17, 562
9,655

23,359
14,664
8,604

Since March 1932 detailed figures are not strictly comparable owing to changes in firms reporting.
New series. For earlier data see p. 19 of the January 1933 issue (pyroxylin products) and p. 19 of the May 1933 issue (gas),
For revised data for year 1932 see pp. 38 and 56 of the May 1933 issue.
Revised.




39

SUKVEY OF CUREENT BUSINESS

August 1933
Monthly statistics through December 1931,
together with explanatory footnotes and references to the sources of the data, may be found
in the 1932 Annual Supplement to the Survey

1933

1933

1932

June

June

July

Decem- January FebruAugust SeptemOctober Novemary
ber
ber
ber

March

April

May

FOODSTUFFS AND TOBACCO
DAIRY PRODUCTS
Butter:
Consumption, apparent*
-thous. of lb._ 128,815 134,960
.23
.17
Price, N.Y., wholesale (92 score)dolls, per Reproduction (factory)f
thous. of lb._ 200,045 190,148
71, 712
Receipts, 5 markets
thous. of lb_. 73,116
Stocks, cold storage, creamery, end of month
thous. of lb__ 106, 405 84, 269
Consumption, apparentfthous. of lb.. 40,835
6,862
Imports.
thous. of lb_.
.15
Price, No. 1 Amer. N.Y
dolls, perlb..
Production (factory) t
thous. of lb_. 64,359
American whole milkf
thous. of lb_. 51,070
Receipts, 5 markets
_.thous. of lb.. 13,989
Stocks, cold storage, end of monthf
thous. of lb_. 78, 705
American whole milkf
thous. of lb_. 67, 444
Milk:
Condensed and evaporated:
Production:!
Condensed (sweetened)
thous. of lb.. 19,496
Evaporated (unsweetened) #
thous. of lb.. 220,655
Exports:
333
Condensed (sweetened)
thous. of lb_.
3,147
Evaporated (unsweetened)-thous. of lb..
Prices, wholesale, N.Y.:
4.70
Condensed (sweetened).-dolls, per case..
Evaporated (unsweetened)
2. eo
dolls, per case..
Stocks, manufacturers, end of month:
Condensed (sweetened):
Bulk goods
thous. of lb_. 12,899
Case goods
thous. of lb.. 14,996
Evaporated (unsweetened):
Case goods
thous. of lb_. 104,088
Fluid milk:
Consumption in oleomargarine
thous. of lb..
Production, Minn, and St. Paul
thous. of lb..
Receipts:
Boston, incl. cream
thous. of qt_.
Greater New York
thous. of qt..
225
Exports
thous. of lb..
Orders, net, new
thous. of lb.. 12,758
Stocks, mfgrs. end of mo..-thous. of lb.. 12,874
FRUITS AND VEGETABLES
Exports, fruits and preparations. (See Foreign trade.)
Apples:
Production, crop estimate
thous. of bu_. 149, 598
Shipments, car lot
carloads..
1,083
Stocks, cold storage, end of month
thous. of bbl..
Citrus fruit, car-lot shipments
carloads.. 12,345
1,727
Onions, car-lot shipments
carloads..
Potatoes:
1,417
Price, white, N.Y
dolls, per 1001b..
Production, crop estimate
thous. of bu.. '306, 423
Shipments, car lot
carloads.. 21,302

I
133,068
.18
159,162
57,333

148, 538
.20
143,763
52,082

141,715
.21
124,012
43,022

110, 247 107,259

89,490

141,933
.21
119,327
39, 720

138, 524
.23
108,927
40, 714

134,106
.24
118,979
43,074

128, 678
.20
124,470
50, 828

122,655
.19
116,420
44, 750

37,207

22,043

17, 833

11, 580

9,255

9,398

129,093 133, 645
.18
.21
126, 751 133, 734
50,672 48,072

160, 871
.23
185,994
C5,023
0

35,159

«50, 516
3,802
.11
°61,239
«48,461
15, 731

41,030
3,342
.12
46,778
35,924
16,492

45, 243
1,079
.14
44,534
33, 503
14, 856

44,885
4,665
.14
41, 569
31,089
12, 771

45, 529
6,300
.13
36,517
27,584
13, 329

41,432
6,609
.13
30, 564
21, 880
12, 505

41,194
4,845
.13
31, 321
23,172
11,405

39, 871
3,070
.12
31,387
23, 335
10, 768

40, 549
3,545
.11
29, 480
21,993
9,981

43, 817
2,892
.11
34,073
26,195
12, 725

45, 273
3,891
.12
36, 281
28, 052
12, 728

56, 740
5,527
.15
56,116
42, 651
16,037

66, 531
53,922

76, 327
63, 667

79,847
66, 721

81,406
68,555

78, 274
66,813

73,916
62,392

68, 714
57,749

63,321
53, 532

55, 731
46,992

48, 806
41,625

43, 626
37, 321

« 48, 481
« 41, 336

16,692

21,403

16,954

17,982

13,141

16,251

15,178

12, 715

14, 580

15,947

21, 363

153, 876 134,727

113,197

104, 267

90,020

99,521

112,209

104,658

141,090

172,178

203, 685

570
2,574

583
2,833

522
2,601

592
3,036

506
3,129

526
2,629

475
2,893

562
3,290

482
2,122

a

25,215

191,691
614
3,037

656
2,687

542
2,725

4.55

4.75

4.72

4.68

4.68

4.68

4.68

4.68

4.68

4.68

4.68

4.68

2.45

2.33

2.25

2.25

2.25

2.25

2.56

2.55

2.42

2.03

2.19

2.55

13,856
19,986

12,634
21,447

12,308
20, 537

10, 541
18,672

8,334
16,302

7,505
14,673

7,427
12,234

6,488
9,524

5,573
7,831

5,453
5,935

6,076
5, 310

«8,455
9,860

212,431

225,897

190,912

176,197

146,204

139,957

100,092

107,154

101,085

50, 571

48,127

2,890

2,781

3,792

4,054

4,646

4,485

4,736

5,039

3,988

5,041

4,858

4,814

34,227

25,887

22,381

21,945

24,571

26,727

31,705

34,903

32,457

36,718

34,908

37, 821

19,766
119,444

20,017
121,116

19,799
118,806

18,354
115,727

18,571
113,877

17,589
107,768

17,725
108,829

17,848
109,567

16,364
102,264

18, 266 17, 591
112, 525 109, 550

19,409
121, 759

221
11, 681
26,226

310
10,960
27,918

316
11,312
24,918

256
10,426
21,785

178
10,089
20,004

291
8,982
18,505

225
10,207
18,326

183
7,877
17,473

179
7,789
16,389

160
9,556
14,997

248
10, 251
13,354

192
°12,132
«13,695

1,412

2,589

1,641

8,457

23,459

10,666

' 140,775
6,030

6,278

5,875

4,999

2,830

1,964

5,948
1,419

1,974
5,621
3,610

8,827
6,694
3,371

9,811
11,022
2,084

8,513
13,277
1,657

6,703
13,566
2,311

4,138
12,287
2,252

2,894
13,624
2,431

1, 567
12,813
2,456

590
14,047
2,740

1.254
' 357,679
11,944

1.258

1.250

1.257

1.290

1.101

16,570

16,359

24,481

18,005

"177908

8,382
2,402

8,046
1,532

.837

1.073

~21,~996" "157704"

.921

"87277'

.913

.910

1.061

12,738

14,230

11,704

GRAINS
Exports, principal grains, including flour and
meal
thous. of bu._
9,810
3,210
6,740
6,098
10,075
5,715
4,826
4,172
8,524
8,176
3,569
2,803
Barley:
858
812
Exports, including malt
thous. of bu..
465
995
1,028
1,244
1,121
1,353
940
449
1,113
648
.43
Price, no. 2, Minn
dolls, per bu._
.35
.31
.32
.31
.29
.31
.29
.25
.26
.30
.40
Production, crop estimate
thous. of bu._ 169,951
' 299,950
Receipts, principal markets *..thous. of bu._
~"~922"
5,091
"67637" 1 7 631" "§7272' "27724'
2,914
1,203
1,787
1,683
5,055
Visible supply, end of month..thous. of bu._ 11, 701 »1,924
1,812
6,625
4,616
7,151
7,633
8,242
8,685
8,496
8,320
8,414
Corn:
453
Exports, including meal
thous. of bu__
653
381
697
312
1,915
2,320
699
155
583
371
187
Grindings
thous. of bu..
5,473
4,552
4,552
5,165
5,981
5,856
5,569
5,167
5,022
5,758
5,830
7,117
Prices, wholesale:
No. 3, yellow (Kansas City).dolls, per bu._
.40
.33
.35
.29
.24
.24
.22
.22
.23
.26
.33
No. 3, white (Chicago)
dolls, per bu..
.45
.32
.30
.25
.25 r
.32
.23
.24
.23
.26
.36
Production, crop estimate
thous. of bu._ «2,384,032
2,875,570
Receipts, principal markets
thous. of bu_. 33. 742
5,399 ""77319" "l473OO"
" 24,"5i6' "I2,"644"
11,552
12, 715 12,641
9,885 16,623
Shipments, principal markets-thous. of D i - 15, 111
5,684
11,177
12,444
9,318
6,486
3,750
3,602
4,991 11,776
5,280
9,100
visible supply, end of month..thous. of bu._ 49,187 • 17,008 11,716
19,545
28,252
27,534
30,724
33,793
35,006 36,120 32,463
15,065
Oats:
Exports, including oatmeal
thous. of bu_
163
313
447
531
1,218
566
406
525
237
360
582
210
Price, no. 3, white, (Chicago) ..dolls, per bu.
.30
.21
.18
.17
.17
.15
.15
.15
.15
.15
.17
.22
Production, crop estimate
thous. of bu. •698, 941
1,238,231
Receipts, principal markets
thous. of bu._ 12,159 "3"778" •"77937" "227446' "97715"
"3," 189"
3,745
4,352
4,236
4,767
8,191
Visible supply, end of month..thous. of bu_. 28,173 • 8,990 13,307
27,259
29,042
28,532
26,310
27,316
26,220
25,434 23,983 22, 228
Exports §
pockets 1001b.._ 71, 573 261,230 234,032 134,463 101,676 163,347 176,704 211,802 153,549 152,025 166,291 157, 235
Imports.
pockets 100 lb... 16,913
9,360
2,358
2,378
5,428
6,287
21,381
20,102
31,872
23,837 28,704 21, 635
Price, wholesale, head, clean, New Orleans
dolls, per lb__
.023
.020
.020
.022
.021
.026
.020
.020
.019
.021
.019
.022
Production, crop estimate
thous. of bu._ • 33, 927
/ 39,356
• New series. For earlier data see p. 20 of the November 1932 issue (barley) and p. 19 of the June 1933 issue (butter).
•e Bulk evaporated milk not included since December 1931.
As of July 1.
/ As of Dec. 1.
• Revised.
t Revised series. For earlier data see p. 19 of the April 1933 issue (American whole milk and total cheese stocks) and p. 20 of the January 1933 issue for others.
§ Data for 1932 revised. For revision see p. 39 of the June 1933 issue.




3,176
785
.45
8,780
10,809
713
8,862
.39
.44
26,464
16,718
38, 362
153
.25
11,791
23, 695
69,816
20,047
.021

40

SURVEY OF CURRENT BUSINESS

Monthly statistics through December 1931,
together with explanatory footnotes and references to the sources of the data, may be found
in the 1932 Annual Supplement to the Survey

1933
June

August 1933

1933
June

July

1933

Decem- January FebruOctober NovemAugust September
ber
ary
ber

March

April

May

FOODSTUFFS AND TOBACCO—Continued
GRAINS-Continued
Rice—Continued
Receipts, southern paddy, at mills
thous. ofbbl. (1621b.)..
257
Shipments to mills, total
thous. of pockets (100 lb.)-565
New Orleans thous. of pockets (100 lb.)_.
49
Stocks, domestic, end of month
thous. of pockets (100 lb.)— 1,381
Rye:
Exports, including
flour
thous. of bu—
17
Price, No. 2, Minneapolis
dolls, per bu_.
.62
Production, crop estimate
.thous. of bu_. • 25,336

343

223

421

862

1,606

1,189

713

687

747

821

1,032

628

602
46

526
66

650
96

736
83

1,014
90

1,004
97

834
83

838
67

750
48

1,058
72

1,108
19

821
54

1,628

1,353

1,040

1,225

1,915

2,177

2,107

2,013

2,036

1,856

1,833

1,650

293
.32

259
.32

1
.34

1
.34

29
.32

1
.31

2
.31
/ 40,409

0
.33

1
.32

1
.35

3
.43

2
.52

344
Receipts, principal markets*..thous. of bu_.
2,573
Visible supply, end of month* thous. of bu
9,368
Wheat:
Exports:
Wheat, including
flour
thous. of bu—
1,719
8,086
Wheat only
thous. of bu..
16
6,088
Value, wheat and flour. (See Foreign
Trade.)
Prices, wholesale:
No. 1. Northern, Spring, Minn.
dolls, per bu—
.80
.60
No. 2, Red, Winter, St. Louis
dolls, per bu._
.82
.49
No. 2, Hard, Winter, K.C_.dolls, per bu—
.76
.46
Weighted average, 6 markets, all grades
.78
.53
dolls, per bu~
Production, crop estimate, total
thous. of bu «495,681
SDrincr wheat
thous of bu «159,914
Winter wheat
thous of bu «335, 767
Receipts
.
thous. of bu_. 28, 598 13,473
11,507
Shipments
thous. of bu._ 15,822
Stocks, visible supply, world..thous. of bu..
444,800
Canada
thous. of bu._ 197, 665 138,890
United States
..thous. of bu_. 124,973 <*163,540
Stocks, held by mills (quarterly)
thous. of bu
77,936
Wheat flour:
Consumption (computed) f...thous. of bbl_.
«8,223
425
362"
Exports
thous. of bbl_.
Grinding of wheat
thous. of bu_.
35,805
x rices, wnoiesaie.
5.38
4.16
Standard Patents, Minn...dolls, per bbl..
Winter, straights, Kansas City
4.13
dolls, per bbl..
3.12
Production:
Flour, actual (Census)
thous. ofbbl..
7,820
Flour, prorated, total (Russell's) f
thous. of bbl—
9,800 • 8,508
Offal
thous. of lb
627,664
48
Operations, percent of total capacity
Stocks, total, end of month (computed)
4,690
3^ i9i
Hold bv mills foiiart©rlv)
thous of bbl

353
8,955

1,458
9,052

991
8,700

587
8,485

423
8,030

610
7,993

608
7,934

286
7,790

546
7,688

1,269
8,006

5,211
8,806

4,841
3,208

5,613
3,899

4,226
2,479

4,422
2,656

5,995
3,714

3,549
1,728

3,313
1,793

2,176
729

2,105
456

1,754
194

1,523
14

.57

.58

.58

.64

.49

.48

.50

.49

.53

,63

.74

.47
.43

.46
.42

.50
.44

.49
.44

.69
.60

.81
.70

.49

.46

.48

.48

.55
.48
.53

.64

.73

/ 726,283
/264,604
/461 679
12,814
13,859
8,375
13,604
592,670 643,550
233,592 228,647
168,958 158,228

9,869
7,481
620,400
223,439
148,426

12,729
10,246
577,600
225,360
136,724

15,753
13,421
522,330
215, 204
125,934

23,310
17,258
475, 380
196, 581
118,546

« 9,929
324
36,949

8,513
308
33,133

10,948
42,442

8,824
321
40, 392

3.80

3.71

116,910
9,127
351
40,705
4.03

4.54

4.86

.47
.45

.53

.54
.48

.50
.45

.48

.55

.55

.51

41,006
17,294
408,200
121,005
177,876

.48

40,732 38,410 27,238
19,648 21,313 17,540
423,600 497, 500 528,700
108,522 179,122 224,678
188,238 193,931 190,310

17,584
23,464
525,800
231,342
177,025

154,037

147,095

• 9,287 « 10,752

« 8,170

« 9,276

347

365

372

376

36,023

41,417

43,015

42,880

4.02

4.16

4.14

3.92

« 9,380 • 10,664
483
387
39,841 38,007
3.72

3.74

332

3.10

3.24

3.21

3.00

2.84

2.85

3.00

2.75

3.04

3.48

4.03

7,828

9,005

9,395

9,382

8,719

8,323

8,077

7,216

8,867

9,268

8,777

« 9,693
8,781
10,238
646,950 572,587 709,357
53
52
50

11,020
742,019

10, 645
711,463

« 8,949 <• 9,724 «10,404 « 11,228 • 10,363 «10,051
631,452 731,368 752,259 762,369 691,984 660,411
51
50
55
53
60
57
4 700

5 155

5,900
4J 245

6,000

6,500

5,500
4^012

4 940

4,900

59

5,660
3,718

LIVESTOCK AND MEATS
Total meats:

993
1,030
« 1,107
1,085
956
1,014
1,061
919
1,042
1,018
1,002
1,088
1,096
ConsvirnptioTi,
ftpparflTlt
lb
Exports,
value of meats
and fats.mills,
(SeeofForeign Trade.)
Production (inspected slaughter)
910
955
mills, of lb_.
1,314
1,000
1,038
1,059
1,052
1,106
1,172
1,239
1,019
1,240
1,059
Stocks, cold storage, end of month total
940
844
751
544
620
749
780
mills, of lb_.
1,059
637
717
751
«865
513
65
55
52
45
37
43
42
45
51
Miscellaneous meats
mills, of lb__
40
47
46
35
Cattle and beef:
Beef and veal:
Consumption, apparent
thous. of lb.. 434,333 375,236 354,024 364,867 404,826 380,576 357,250 331,693 371,847 343,608 373,610 376,913 "432,849
943
Exports§
thous. of lb—
1,657
1,211
1,332
1,130
1,018
796
927
844
1,135
1,561
969
1,164
Price, wholesale..
Beef, fresh native steers, Chicago
dolls, per lb—
.094
.118
.142
.144
.143
.136
.106
.105
.097
.092
.124
.113
.094
Production, inspected slaughter
370,562
372,635
430,356
332,357
350,521
389,873
365,532
338,763
361,405
436,508
369,524
360,441
404,123
thous. of lb._
Stocks, cold storage, end of month
thous. of l b . . 35,169
29,909 26,719 24,376 25,909 36,036 41,029 42,870 39,550 36,015 33,781 30,658 • 30,538
Cattle and calves:
Movement, primary markets:
Receipts
. thous. of animals. .
1,449
1,338
1,291
1,606
1,689
1,896
1,318
1,136
1,171
1,296
1,543
1,161
1,558
786
829
962
824
689
1,006
959
725
847
783
924
916
Slaughter, local
thous. of animals..
875
Slaughter, inspected. (See Leather and
leather products.)
489
461
656
494
386
456
534
Shipments, total
thous. of animals..
492
773
866
471
407
735
97
152
193
210
150
280
Stocker and feeder..thous. of animals..
«106
149
390
479
152
129
377
Price, wholesale, cattle, corn fed, Chicago
dolls, per 100 lb..
6.36
7.38
8.61
8.73
8.96
8.09
5.77
5.09
5.16
5.44
5.52
6.32
7.00
Hogs and products:
Hogs:
Movement, primary markets:
Receipts. _ _
thous. of animals._
3,361
2,545
2,159
2,405
2,505
2,691
3,121
3,381
2,699
2,638
2,798
3,143
2,775
2,621
2,396
1,921
2,084
1,881
2,412
1,773
1,445
1,739
1,830
2,167
1,896
Slaughter, local
thous. of animals..
1,658
Slaughter, inspected. (See Leather
and leather products.)
737
715
718
Shipments, total
thous. of animals..
918
715
739
761
855
959
975
803
714
891
38
46
20
Stocker and feeder—thous. of animals..
26
22
21
21
23
20
29
24
29
26
Price, heavy, Chicago-dolls, per 100 lb__
4.58
3.70
4.86
4.23
4.12
3.92
3.64
3.06
2.94
3.41
3.75
4.57
3.37
* Revised.
«As of July 1.
/ As of Dec. 1.
* New series. For earlier data see p. 20 of the November 1932 issue.
t Data revised from July 1931. See p. 19 of this issue.
§ Data revised for 1932. For revision see p. 40 of the June 1933 issue.




SURVEY OF CURRENT BUSINESS

August 1933
Monthly statistics through December 1931,
together with explanatory footnotes and references to the sources of the data, may be found
in the 1932 Annual Supplement to the Survey

1933
June

41

1933
June

July

1933

Decem- January FebruAugust SeptemOctober November
ber
ary
ber

March

April

May

FOODSTUFFS AND TOBACCO—Continued
LIVESTOCK

AND

MEATS—Continued

Hogs and products—Continued
Pork, including lard:
Consumption, apparent
thous. of lb_.
Exports, total
thous. of l b .
Lard
thous. of l b .
Prices:
Hams, smoked, Chicago...dolls, per l b .
Lard:
Prime contract, N.Y
dolls, per l b .
Refined, Chicago*
dolls, p e r l b .
Production, inspected slaughter, total
thous. of lb_.
Lard
thous. of l b .
Stocks, cold storage, end of mo.
thous. of l b .
Fresh and cured
thous. of lb_,
Lard
thous. of lb.
Sheep and lambs:
Lamb and mutton:
Consumption, apparent
thous. of lb_.
Production, inspected slaughter
thous. of lb..
Stocks, cold storage, end of mo.
thous. of lb_.
Movement, primary markets:
Receipts
thous. of animalsSlaughter, local—
thous. of animalsSlaughter, inspected. (See Leather and
leather products.)
Shipments, total
thous. of animals..
Stocker and feeder
thous. of animals..
Prices, wholesale:
Ewes, Chicago.
dolls, per 1001b..
Lambs, Chicago
dolls, per 1001b..
Poultry and eggs:
Eggs:
Receipts, 5 markets
thous. of cases..
Stocks, cold storage, end of month:
Case
thous. of cases..
Frozen
thous. of lb.
Poultry:
Receipts, 5 markets
thous. of lb..
Stocks, cold storage, end of mo
thous. of lb_.
TROPICAL PRODUCTS
Cocoa:
Imports
long tons..
Price spot, Accra, N.Y
dolls, per lb..
Shipments, Gold Coast and Nigeria
long tons..
Clearances from Brazil, total. thous. of bags—
To United States
thous. of bags..
Imports into United States.-thous. of bags..
Price, Rio no. 7, N . Y . . . .
.dolls, per lb_.
Receipts at ports, Brazil
thous. of bags..
Stocks, world total, incl. interior of Brazil
thous. of bags..
Visible supply, total excl. interior of Brazil
thous. of bags..
United States
thous. of bags..
Sugar:
Raw sugar:
Cuban movement:
Exports
long tons..
Receipts at Cuban ports
long tons..
Stocks, total, end of month
thous. of long tons..
United States:
Meltings, 8 ports t
long tons—
Price, wholesale, 96° centrifugal, New
York
dolls, per lb..
Receipts:
From Hawaii and Pto. Rico.-long tons—
Imports §
--long tons..
Stocks at refineries, end of mo.f
long tons..
Refined sugar:
Exports, including maple §
long tons..
Price, retail, gran., N.Y
dolls, per lb_.
Price, wholesale, gran., N.Y.dolls, per lb_.
Shipments, 2 ports
-long tons..
Stocks, end of month, 2 ports..Jong tons—
Tea:
Imports
thous. of l b ~
Price, wholesale, Formosa, fine, N.Y.
dolls, per lb—

596,164 587,485 551,136 579,170 628,785 646,527 631,229 631,981 634,850 523,896 561,356
52,093 57,634 48, 722 42,815 53,500 62,827 47,358 59,558 88,713 65,761 58,351
37,941 45,339 34,886 34,973 44,789 53,573 35,897 49,919 78,137 57,773 47,661

596, 651
50, 639
38,741

615,825
56,154
46, 038

.126

.118

.108

.107

.108

.114

.116

.121

.065

.053
.062

.046
.055

.046
.052

.042
.051

.048
.055

.049
.058

.066
.073

575,327 509,181 536,291 571, 476 607,951 643, 777 789,467 819,244 628,937 623, 747 677, 378
124,753 103,411 102,679 105,696 112,063 128,446 163,864 175,438 131,985 127,436 139, 066

750,898
150,410

956, 799 854,634 764, 670 679,453 568,909 467,958 433, 644 531,938 627,925 667,503 671,914 702, 255
759,858 724,271 643,052 578,876 498,253 433,548 403,898 490,850 575,084 609,321 610, 240 630,360
196,941 130,363 121,618 100,577 70,656 34,410 29,766 41,088 52,841 58,182 61,674 71,895

1
781,442
1
670, 553
1

.128

.130

.131

.141

.137

.054
.066

.055

.071

.044
.056

.054
.066

823,375
171,519

110,889

54,482

51, 720

57, 790

56, 419

58,368

53,761

51,400

57,939

56, 397

58,456

2,029

1,683

1,818

1,773

1,843

1,914
1,083

1,795
1,020

1,844
1,099

2,097
1,152

2,402
1,319

749
196

820
108

747
65

948
107

1,081
125

1.56
5.17

1.75
5.38

1.75
5.53

776
82
1.75
5.44

1.75
5.38

1.88
5.18

1.88
6.10

54, 575

55,256

50,419

58,415

62,129

60,447

53,421

50,030

54, 556

55,268

50,438

58,713

62,823

61,449

53,366

49,910

1,801

1,010

1,012

1,305

1,983

2,974

2,904

2,767

2,091
1,167

2,428
1,338

2,240
1,199

2,919

3,239
1,330

3,265
1,340

2,203
1,107

1,657
919

912
100

1,087
172

1,049
181

1,457
460

1,892
535

1,900
803

1,145
501

2.16
7.28

1.53
5.75

1.50
5.91

1.88
5.03

1.63
5.03

1.50
5.05

1,576

1,496

1,082

1,035

853

738

605

618

1,050

988

1,639

2,280

9,366
103,138

6,339
100,485

6,431
99,112

5,960
92,967

4,895
84,187

3,225
74,314

1,199
64,150

159
55,339

75
46,448

163
40,450

1,833
45,090

4,857
62, 944

24, 086

20,460

18,476

21, 751

24,739

32,140

73,950

74,866

30,153

21,975

17,879

18, 617

88,675

67, 285

45,824

2,502
a
a

8,062
85,323
23,123

a

42, 756

36,661

31,471

30,305

36,683

54,989

91,118

18,097
.0480

7,371
.0419

9, 515
.0447

7,989
.0475

19, 642
.0428

19,730
.0408

19, 873
.0383

25,181
.0367

22, 853
.0358

14,471
.0370

20, 324

14,801
.0450

19,613

8, 445

13, 256

10,808

20, 212
.0488
9,481

22, 220

34,486

52,183

51, 234

29,577

25,349

17, 739

18,028

1,366
716
977
.076
1,543

865
448
1,079
.081
1,229

520
227
671
.079
885

612
301
601
.085
814

798
385
782
.094
926

1,339
657
923
.088
1,155

894
390
935
.082
1,196

962
403
945
.084
1, 785

1,303
784
911
.083
1,315

1,117
655
1,083
.085
1,401

1,245
678
1,109
.082
1,792

1,116
597
922
.078
1,588

1,197
625
1,187
.082
1,631

31,828

31,612

31,005

29,819

28,956

27, 282

26, 089

5,415
624

5, 287
584

5,508
562

5,154
545

5,286
714

5,778
703

5,888
735

84,873 114,282
76,992 76,727

98,478
64,693

94,103
62, 549

1,653

1,535

1,444

2,062

2,911

2,882

2,825

232,828 212,808 215,768 224,948 342,037 345,677

361,308

6,140
735

31, 683

tt)

tt)

(t)

5,468
990

5,292
765

5,152
643

4,975
596

134,690 190,983 291,832
111, 873 106,496 141,147
2,637

2,922

2,666

2,195

2,038

1,838

411, 361 386, 370 364, 664 352,650 400,486 280,791
.034

.028

164,316 160,147
261, 516 154,269

.030

.032

.031

.175

38,131

5,754
821

.030

.031

.033

150,815 141,275 107,743 87,802 46, 544 37, 213 86,809 125,149 170,909
189,103 326,859 220, 721 151,139 139,146 136,805 170, 779 163,821 258,951

227,499
308, 660

185,062
305,753

281,051 367, 545

426,714

.032

.030

453, 261 433,151 380,430 393,734 313,670 256,180 193,899
5,345
3,625
.049
.045
.037
.045
62, 279 179,040
92,279
36, 513
7,277
5,846

111, 642 104,833

3,713
.046
.040
76,649
39,903
6,278
.175

2,7$8
.048
.041
75,990
38,011
8,004
.175

2,526
.048
.042
51, 423

3, 538
.049
.041
46,070

2,969
.049
.042
77,390

39,327

39,560

66,431

9,405

9,353

10, 364

.175

.175

.175

.029

152,131
2,616
.049
.041
88,569
71,385
9,817
.175

.027

.028

147,879 200,163
2,470
.049
.039
83,876

2,768
.047
.038
94, 278

3,325
.048
.041
52,654

2,854
.048
.042
66, 774

3,090
.049
.044
76,163

59,315

65,767

26,046

25, 605

32,826

9,038

5,705

6,635

7,067

7,295

.175

.175

.175

.175

.175

MISCELLANEOUS PRODUCTS
12,533
9,098 14,076 21, 255 21, 219 20,613 19, 734 16,104 15, 506 14,852 15,033
Candy sales by manufacturers_thous. of dolls..
14,193
Fish:
Landings, fresh fish, principal ports
thous. of lb.. 22,231 24, 737 26,998 31,847 31, 265 33,069 18,653 14,038 17, 270 22,325 24,158 28,426
30,297
378,040 453,062 1,014,716 1,098,118 501,737 281,139 395,267 282,104 631,818 516, 749 378, 682 477,019
Salmon, canned, shipments.
cases..
Stocks, total, cold storage, 15th oi month
thous. of lb— 25,711 34,304 41.306 51,345 59, 209 63,167 62,168 55.749 45, 756 35,469 25,855 | 19,335
19,646
• Revised.
% Missing data not available.
• New series. Earlier data not published.
§ Data for 1932 revised. For revisions for full year 1932 see p. 41 of the June 1933 issue.
t For revised data for year 1932 see p. 41 of the May 1933 issue.




42

SUEVEY OF CURRENT BUSINESS

Monthly statistics through December 1931,
together with explanatory footnotes and references to the sources of the data, may be found
in the 1932 Annual Supplement to the Survey

1933
June

August 1933

1932
June

July

1933

Decem- January
October NovemAugust September
ber
ber

February

March

April

25,796
7,397

36, 725
9,910

38, 713
4,285

20, 251
2,669

May

FOODSTUFFS AND TOBACCO—Continued
TOBACCO
Leaf:
Exports § ._
thous. of lb_. 18, 523 30,840
1,502
2,242
Imports, unmanufactured
thous. oflb..
Production, crop estimate.
thous. of lb_. 1,244,637
Stocks, total, including imported types
(quarterly)
_
.mills, of lb_.
2,239
Flue-cured, fire-cured, and air-cured
mills, of lb..
1,715
Cigar types
mills, of lb_.
427
Manufactured products:
Consumption (tax-paid withdrawals):
10, 560
Small cigarettes
millions.. 12, 463
Large cigars
thousands.. 418, 570 400,406
Manufactured tobacco and snuff
30, 678
thous. oflb.. 32, 358
Exports, cigarettes
..thousands.. 142,109 177,959
Prices, wholesale:
4.851
6.042
Cigarettes
dolls, per 1,000..
49. 249
Cigars
dolls, per 1,000.. 46. 062

26.762
2,421

24, 257
1,695

42, 419
1,614

59,103
2,247

47,180
4,950

31,842
4,147
1,015,512

28,403
16, 392

2,095

2,145

2,278

1,606
403

1,679
383

1,785
389

9,534
361, 240

9,559
401,143

9,311
405,419

8,351
436,832

7,614
419,173

7,319
254,136

8,622
296,640

7,854
287,430

7,974
290,111

7,973
321, 207

12,823
371, 373

26, 733
195,923

31,303
204,493

31, 693
227, 354

28,847
159, 743

28,000
140, 081

24,116
216, 297

27, 786
207,980

24,446
146,038

27, 456
238,126

28,847
131,016

31,838
197, 603

6.042
49. 247

6.042
49.135

6.042
48. 685

6.042
48. 685

6.042
48. 685

6.042
48.685

5. 292
48.685

4.961
46.062

4.851
46.062

4.851
46. 062

4.851
46. 062

FUELS AND BY PRODUCTS
COAL
Anthracite:
Exports.
thous. of long tons..
Prices:
Retail, composite, chestnut
dolls, per short ton._
Wholesale, composite, chestnut #
dolls, per short ton..
Production
thous. of short tons..
Shipments
thous. of short tons..
Stocks, in storage
-thous of short tons..
Stocks, in yards of dealers, end of month
no. of days' supply
Bituminous:
Consumption:
Coke plants
thous. of short tons..
Electric power plants t
thous. of short tons..
Railroads..
thous. of short tons..
Vessels, bunker
..thous. of long tons..
Exports
thous. of long tons..
Price, retail composite, 38 cities
dolls, per short ton..
Prices, wholesale:
Composite, mine run-dolls, per short ton._
Prepared sizes (composite)
dolls, per short ton..
Production
thous. of short tons..
Stocks, consumers, end of month
thous. of short tons..

62

112

112

60

67

12.00

13.17

13.52

13.58

13.65

13.61

13.48

9.341
3,928
3,512
533

10. 491
2, 550
2, 227
2,076

10. 774
4,108
3.664
2,263

10. 909
5,234
4,758
2,261

10.921
5,089
4,512
1,732

12. 228
3,807
3,326
1,236

10. 874
4,519
3,866
511

52

60

42

34

46

32

3,329

106
806
7.18
3.500
3.400
25, 320

2,284

2,257

2,190

2,303

2,613

2,729

2,708

2,554

2,347
3,965
110

2,330
3,976
101

2,517
4,057
109

2,558
4,375
100

2,610
5,096
98

2,678
5,080
83

2,492
4,682
59

2,305
4,481
58

667
7.53
3.624
3.604
17, 749

287

708

858

833

1,012

453

7.50

7.52

7.54

7.60

7.51

3.628
3.569
17,857

3.617
3.554
22, 489

3.596

3.613
3.643
32, 677

3.582
3.642
31,110

3.566
3.614
27, 060

3.549
3.581
23, 685

30, 038

29, 666

29,046

23, 608

21

26, 300

3.568
26, 314
27, 504

337

7.43

7.46

COKE
Exports...
thous. of long tons..
Price, furnace, Connellsville
dolls, per short ton..
Production:
Beehive...
thous. of short tons..
By-product
thous. of short tons..
Petroleum
thous. of short tons
Stocks, end of month:
By-product plants
thous. of short tons..
Petroleum, refinery
thous. of short tons

56

53

61

87

60

63

51

27

1.84

2.13

2.12

2.03

2.08

2.05

1.91

1.88

50
2,241

41
1,537
145

38
1,523
153

41
1,474
150

46
1,544
150

68
1,739
155

81
1, 752
147

96
1,786
150

2,947

3,742
1,537

3,975
1,544

4,221
1,515

4,223
1,484

4,028
1,434

3,857
1,393

3,515
1,330

22

23

14

46

1.81

1.75

1.75

1.75

82
1, 785
95

84
1,639
107

93
1,666
147

47
1,656
138

47
1,921
145

3,303
1,236

2,831
1,172

2,703
1,149

2,847
1,149

2,975
1,176

PETROLEUM AND PRODUCTS
Crude petroleum:
67,984
68,822
74, 340
61,042
65, 504
66,093
72,327
63,913
67, 271
65, 998
71,455
Consumption (run to stills)...thous. of bbl._
2,910
2,369
3,803
2,206
2,831
7,865
1,893
1,963
1,862
2,455
2,746
1,525
Imports
thous. of bbL.
.380
.380
.276
.530
.860
.860
.860
.860
.860
.745
.860
.315
Price, Kansas-Oklahoma
dolls, per bbl._
75,
302
'•
65,913
71,006
64,835
63,384
63,998
61,029
65, 036
58, 044
65,219
66,310
66, 220
Production
thous. of bbL.
67
63
63
61
60
67
60
61
60
65
61
Refinery operations
pet. of capacity
Stocks, end of month:
California:
94, 554
95, 322
95, 590
95, 349
95, 765
95, 322
93,605
94, 256
94,895
95,048
95,457
95,933
Heavy crude and fuel oil..thous. of bbL.
39,909
39, 516
38, 722
39, 297
39, 968
40, 264
40,938
40, 367
39, 340
40,405
40,149
39,996
Light crude
thous. of bbl._
297,166
316, 995 312,130 309,011 307, 523 305, 709 301, 331 293, 278 290, 404 289, 342 295, 349 289,933
East of California, total
thous. of bbL.
48,997
50, 839
46, 797
48,889
47,100
40, 507
47, 403
47,902
44, 641
43, 287
39, 329
47, 568
Refineries
thous. of bbL.
246,327
269, 592 267, 489 265, 724 267,016 266,380 253, 763 245, 376 243, 304 242, 545 246, 460 240,936
Tank farms and pipe lines.thous. of bbL.
472
444
485
913
825
793
1,145
855
1,279
Wells completednumber
Mexico:
1,509
1,290
1.398
2,178
1,482
1,372
1,595
1,577
1,403
1,776
Exports
thous. of bbl..
3,008
2,890
2,825
2,547
2,514
2,641
2,705
2,506
2,463
2,961
2,570
Production
thous. of bbL.
Venezuela:
9,624
9,340
9,582
8,661
10,076
8,394
8,124
9,104
7,794
8,377
10, 313
8,087
Exports
thous. of bbL.
9,133
9, 058
9,945
8,834
9,699
8,803
9,171
8,767
10, 579
9,551
9,430
9,309
Production
..thous. of bbL. 9,262
Refined products:
G as and fuel oils:
Consumption:
701
«674
° 651
649
580
625
703
755
780
731
637
707
Electric power plantsf
thous. of bbL.
2,948
2,809
2, 785
2,882
2,699
3,077
3, 345
3,019
2,703
2,898
2,825
2,855
Railroads
thous. of bbl.
2,726
2,826
2,702
2,779
2,813
2,916
2,751
2,763
3.248
3,066
3,350
3,714
3,179
Vessels, bunker
thous. of bbl.
Price, fuel oil, Oklahoma, 24-26 refineries
.325
.331
.475
.425
.363
.556
.425
.470
.563
.400
.415
.356
.419
dolls, per bbl.
t
For
revised
data
for
year
1932,
see
p.
42
of
the
May
1933
issue.
#
Price
converted
to
short-ton
basis.
a
Revised.
§ Data for 1932 revised. For revisions for full year of 1932 see p. 42 of the June 1933 issue.
* As of July 1.
/ As of Dec. 1.




August 1933
Monthly statistics through December 1931,
together with explanatory footnotes and references to the sources of the data, may be found
in the 1932 Annual Supplement to the Survey

43

SURVEY OF CURRENT BUSINESS
1932

1933

June

June

July

August

1933

Septem- October Novem- Decem- January Februber
ber
ber
ary

March

April

May

FUELS AND BY PRODUCTS—Continued
PETROLEUM AND PRODUCTS—Con.
Refined products—Continued
Gas and fuel oil—Continued
Production:
Residual fuel oil*
thous. of bbL.
Gas oil and distillate fuels*
thous. of bbL.
Stocks:
Residual fuel oil, east of California*
thous. of bbl_.
Gas oil and distillate fuels, total*
thous. of bbL.
Gasoline:
Consumption
thous. of bbL.
Exports
thous. of bbL.
Exports, value. (See Foreign Trade.)
Price, wholesale:
Drums, delivered, N.Y.. .dolls, per gaL.
Refinery, Oklahoma
dolls, per gaL.
Price, retail, service station, 50 cities
dolls, per gaL.
Production:
At natural gas plants
thous. of bbL.
At refineries
thous. of bbL.
Retail distribution (41 States) t
mills, of gaL.
Stocks, end of month:
At natural gas plants
thous. of bbL.
At refineries
thous. of bbL.
Kerosene:
Consumption
thous. of bbL.
Exports
thous. of bbL
Price, 150° water white, refinery, Pa.
dolls, per galProduction
thous. of bbL
Stocks, end of month
thous. of bbL
Lubricating oil:
Consumption.
thous. of bbL.
Price, cylinder oil, refinery, Pa.
dolls, per gaL.
Production
thous. of bbL.
Stocks, refinery, end of month
thous. of b ^ Other products:
Asphalt:
Imports
thous. of short tons.
Produetion...
thous. of short tons..
Stocks, refinery, end of month
thous. of short tons.
Coke. (See Coke.)
Wax:
Production
thous. of lb:.
Stocks, refinery, end of month
thous. of lb..

.149
.037
.131

19,105

19, 526

17, 793

17, 403

17,113

18, 068

18,491

18, 578

17,156

19,246

19, 145

20, 010

5,207

5,191

5,519

5,665

6,382

5,582

5,980

6,885

6,451

6,845

5,751

6,108

24, 807

26, 353

26,829

26, 000

23, 494

21,874

19,928

18,911

18, 069

17, 714

17, 230

17, 763

13, 477

15,408

16,971

17,905

18, 495

16, 775

14,110

12, 683

11, 549

11, 557

11, 390

12,890

33, 766
3,369

31,317
2,200

35, 207
2,260

33, 645
2,569

32, 255
2,213

30, 294
2,356

27,191
1,830

26,442
2,251

23,312
1,729

28, 227
1,829

30,176
3,024

33,999
1,955

.130
.054

.135
.051

.139
.050

.150
.046

.144
.047

.153
.046

.151
.037

.135
.028

.135
.026

.135
.026

.143
.023

.145
.026

.142

.140

.137

.125

.130

.130

«.125

.116

.115

.116

.116

.108

2,812
33, 312

2,812
33, 705

2,819
32,883

2,793
30, 908

2,924
33, 212

2,855
32, 072

2,888
31,254

2,876
30, 508

2,543
27, 676

2,771
31,577

2, 674
31, 921

2,776
34,611

1,109

963

1,057

997

975

858

801

768

690

810

812
38, 526

757
38,959

616
36, 700

586
32,806

576
32, 207

478
32, 720

449
35,404

539
37,691

651
35,652

752
35,882

814
35, 881

926
33, 757

2,128
1,068

1,854
858

2,279

2,581
1,081

3,115
944

3,621
970

3,149
630

3,656
872

3,274
615

2,975
629

2,925
691

3,005

.051
3,523
5,134

.050
3,629
6,033

.049
3,497
6,247

.048
3,449
6,018

.048
3,463
5,465

.048
3,801
4,672

.048
4,097
4,974

.049
4,363
4,794

.048
3,691
4,574

.048
3,877
4,827

.047
4,046
5,230

.045
4,146
5, 761

3,054

1,011

951

932

1,143

1,115

1,042

859

1,101

1,143

1,390

1,624

.178
2,290

.180
1,958

.177
1,587

.159
1,648

.108
1,713

.131
1,644

.133
1,625

.133
1,827

.119
1,621

.113
1,794

.116
1,871

.134
2,114

7,323

7,991

7,965

8,182

8,289

8,245

8,375

8,796

8,812

8,712

8,330

8,167

255

•1
234

1
232

1
239

1
229

1
177

1
141

3
102

0
95

3
124

0
152

2
229

292

248

280

272

294

304

306

36,680

28,000

36,400

37, 800

40, 600

47,849

136, 785

124, 927

124, 770

409
36,400

31,640

38,920

36, 680

31, 360

33,320

35, 000

198,526

202, 023

206,461

200,581

188, 637

180,441

163, 628

LEATHER AND PRODUCTS
HIDES AND SKINS
Imports, total hides and skins§..thous. of lb.
Calf and kip skins
thous. of lb.
Cattle hides
thous. of lb.
Goatskins
thous. of lb.
Sheep and lamb skins
thous. of lb.
Livestock, inspected slaughter:
Calves
thous. of animals.
Cattle
thous. of animals.
Hogs
thous. of animals.
Sheep
thous. of animals.
Prices, wholesale:
Packers, heavy native steers, Chicago
dolls, per lb_
Calfskins, No. 1 country, Chicago
dolls, per lb.
LEATHER
Exports:
Sole leather
thous. of lb.
Upper leather§
thous. of sq. ft.
Production:
Calf and kip*
thous. of skins.
Cattle hides*
thous. of hides.
Goat and kid*
thous. of skins.
Sheep and lamb*
thous. of skins.
Prices, wholesale:
Sole, oak, scoured backs (Boston)
dolls, per lb.
Upper, composite, chrome, calf, black,
" B " grade
dolls, per sq. ft.

38, 996
6,353
14, 887
7,184
7,412

17,366
2,575
4,120
6,126
3,081

10,174
2,867
1,007
3,432
1,760

8,617
2,691
1,238
2,009
1,625

8,545
3,337
985
2,106
1,011

16, 700
2,829
6,871
4,183
1,464

21, 777
3,099
6,636
3,677
5,585

18, 046
2,350
4,776
5,303
3,653

14, 728
2,591
3,288
4,795
2,127

12,916
1,987
2,545
4,266
2,688

14, 256
1,816
3,127
5,454
2,090

17, 516
3,445
4,463
6,222
1,150

29, 292
4,606
10,432
3,759
5,909

441
751
4,626
1,490

394
638
3,320
1,529

324
614
2,802
1,384

362
633
1,579
2,970

366
718
3,252
1,667

389
694
3,605
1,601

376
627
3,778
1,388

327
567
4,584
1,264

345
612
4,700
1,332

317
569
3,647
1,250

398
617
3,602
1,413

426
616
3,847
1,409

476
717
4,286
1,505

.049

.066

.081

.073

.065

.055

.054

.048

.052

.062

.098

.049

.063

.076

.082

.068

.061

.066

.061

.066

.076

.121

125
4,343

160
4,522

155
4,715

137
6,162

130
5,807

222
5,748

137
5,276

134
4,484

86
5,071

162
6,005

168
4,541

123
5,192

934
1,060
2,939
1,623

1,129
1,030
2,724
1,560

1,232
1,082
3,379
2,170

1,180
1,272
2,571
2,907

1,126
1,325
2,651
4,002

946
1,330
2,835
3,212

894
1,311
3,205
1,797

839
1,276
3,431
1,897

871
1,233
3,320
2,163

920
1,303
3,451
2,123

822
1,175
2,770
1,847

1,051
1,406
3,120
3,285

.122
.153

4,876

.046 |

.34

.27

.27

.27

.28

.29

.28

.26

.25

.23

.23

.23

.29

.314

.241

.238

.243

.250

.252

.250

.242

.235

.233

.236

.241

.281

166,375
83,188
83,187

190,893
101,987
88, 906

251, 036
121, 494
89, 382

LEATHER MANUFACTURES
Gloves and mittens:
104,979
99,806 156,121 223,879 294,668 269, 609 181, 693 142,476 152,378
Production (cut), total
dozen pairs.
50,965
47, 618
77,989 104,471 132,222 128, 020
70, 608
Dress and street—
dozen pairs.
53,152
72,106
48,841
57,361
78,132 119,408 162,446 141, 589 111, 085
Work
dozen pairs.
89,324
80, 272
a
Revised.
• New series. For earlier data see p. 20 of the February 1933 issue (gas and fuel oil) and p. 19 of the June 1933 issue (leather).
t For revised figures for year 1932 see p. 43 of the May 1933 issue.
§ Data revised for 1932. For revisions for full year 1932, see p. 43 of the June 1933 issue.




44

SUEVEY OF CURRENT BUSINESS

Monthly statistics through December 1931,
together with explanatory footnotes and references to the sources of the data, may be found
in the 1932 Annual Supplement to the Survey

1933

August 1933

1932

June

June

July

1933

Decem- January FebruOctober NovemAugust September
ber
ber
ary

March

April

May

LEATHER AND PRODUCTS—Continued
LEATHER MANUFACTURES—Contd.
Shoes:
63
60
Exports
...thous. of pairs..
Prices, wholesale:
Men's black calf blueher,
5.75
Boston
dolls, per pair.
5.50
Men's black calf oxford, lace,
4.05
St. Louis.
dolls, per pair.
3.85
Women's colored calf, Goodyear welt, oxford, average
dolls, per pair.
3.43
3.35
Production, total
thous. of pairs. ' 34, 551 23,562
5,851
Men's
thous. of pairs.
1,183
Boys' and youths'
thous. of pairs.
7,884
Women's
thous. of pairs.
2,527
Misses' and children's
thous. of pairs.
2,601
Slippers, all types
thous. of pairs.
3,516
All other footwear
thous. of pairs.

42

76

58

67

74

70

35

41

71

71

57

5.75

5.75

5.75

5.75

5.50

5.50

5.50

5.50

5.50

5.50

5.50

3.85

3.85

3.85

3.85

3.85

3.85

3.85

3.85

3.85

3.85

3.85

3.35
20,442
5,135
1,181
7,825
2,173
2,220
1,907

3.35
30,785
6,822
1,613
13,670
2,598
3,426
2,656

3.35
33,885
7,886
1,846
13,644
3,023
4,688
2,798

3.35
33,070
8,044
1,997
11,213
3,020
5,929
2,867

3.35
25,149
6,917
1,810
5,470
2,284
6,405
2,263

3.30
20, 096
5,397
1,513
5,938
1,976
3,255
2,017

3.25
22,717
5,763
1,442
9,283
2,482
1,368
2,378

3.25
26,384
6,092
1,448
11, 360
2,879
1,852
2,752

3.25
28, 576
6,837
1,532
11, 608
3,081
2,399
3,119

3.25
27,630
6,217
1,607
1
10, 726
2,985
° 2,583
° 3, 512

3.27
32,937
1,683
11,922
3, 248
3,525
4,197

LUMBER AND MANUFACTURES
LUMBER
Exports, all types*
M ft.b.m.
Retail movement:
Retail yards, Ninth Fed. Res. Dist.:
Sales
M ft.b.m_
Stocks, end of month
M ft.b.m.
Retail yards, Tenth Fed. Res. Dist.:
Sales...
M ft.b.m.
Stocks, end of month
M ft.b.m.

94,525

73,145

63,917

55,163

65, 267

79, 639

62,637

68,322

70,582

49,626

67,719

75,185

89,304

7,515
60,199

6,609
66,826

5,867
65,402

6,703
63, 216

6,484
60,992

6,730
58,329

4,808
55,911

1,916

54, 295

1,685
54,292

1,237
54,949

1,952
56,253

3,678
57, 227

5,430
58,122

2,534
28,365

1,751
31,965

1,922
31,460

2,319
30,247

2,429
29, 294

2,411
28,683

1,785
28,324

1,281
28,105

1,615
27, 371

1,530
27,214

1,662
27,031

2,026
28,029

2,506
28,059

Flooring
Maple, beech, and birch:
Orders:
New
Unfilled, end of month
Production
Shipments
Stocks, end of month
Oak:
Orders:
New
Unfilled, end of month
Production
Shipments
Stocks, end of month

-

M
M
M
M
M

ft.b.m.
ft.b.m.
ft.b.m.
ft.b.m.
ft.b.m.

5,195
5,535
2,832
4,384
14, 590

2,457
4,317
2,598
2,281
22,898

2,117
3,946
1,264
2,264
22, 216

2,893
4,022
1,067
2,816
20, 212

3,179
5,102
1,545
2,402
19,145

1,920
4,793
1,718
2,031
19,025

1,390
3,968
1,624
1,902
19,119

1,588
4,269
1,736
1,590
19,413

1,155
3,432
1,359
1,496
19, 261

1,083
3,206
784
1,318
18,712

1,501
3,420
736
1,246
18,483

2,452
3,899
1,078
2,097
17, 238

3,942
5,141
1,650
2,715
16,129

M
M
M
M
M

ft.b.m.
ft.b.m.
ft.b.m.
ft.b.m.
ft.b.m.

13,499
17,581
15,888
17,723
37,176

9,130
9,355
10,334
10,253
51,336

7,120
6,683
6,977
7,699
51,143

16,508
12,599
11,008
11,626
63,067

13,506
13,359
11,087
11,739
53,729

10,371
14,259
10, 574
10,657
50,418

4,241
12,945
8,136
5,918
53,138

3,238
11, 766
5,926
4,327
54,752

4,164
11,556
5,501
4,433
55,200

9,369
14,636
5,784
6,074
55,171

7,616
15, 095
4,959
7,573
52,130

9,654
15,568
7,553
9,479
50,190

22,645
22,418
12,464
14,549
48,073

90
242
94
98
2,610
2,368

83
227
71
86
2,550
2,323

114
265
59
102
2,498
2,234

154
275
68
135
2,417
2,141

113
256
68
128
2,323
2,066

101
246
68
105
2,260
2,015

252
49
75
2,217
1,965

79
238
60
86
2,166
1,928

90
230
2,118
1,888

226
64
98
2,058
1,832

146
247
171
120
1,982
1,735

62
546
484

61
532
471

73
538
466

75
523
448

65
481
416

65
460
395

65
451

52
440

51
425
374

52
411
358

59
392
332

57
699
643

52
683
631

76
661
585

76
634
559

624
554

61
608
547

53
600
547

71
614
543

73
594
521

67
584
517

563
494

2,421
8,490

1,683
6,732

1,538
7,138

933
11,536

526
10,968

1,063
8,729

1,396
6,523

4,519
9,351

6,647
8,892

24,878
34,425

31, 771
28,132

35,795
24,478

141,457 134,294
107,883 120,417

229,196
195,175

Hardwoods
Hardwoods (Southern and Appalachian districts):
Total:
Orders:
New.
mill.ft.b.m
Unfilled, end of month
mill.ft.b.m—
Production
mill.ft.b.m
Shipments
mill.ft.b.m
Stocks, total, end of month...mill.ft.b.m
Unsold stocks
mill.ft.b.m
Gum:
Orders, unfilled, end of month
mill.ft.b.m
Stocks, total, end of month...mill.ft.b.m
Unsold stocks
mill.ft.b.m
Oak:
Orders, unfilled, end of month
mill.ft.b.m
Stocks, total, end of month...mill.ft.b.m..
Unsold stocks
mill.ft.b.m
Northern hardwoods:
Production
M ft.b.m
Shipments
M ft.b.m
Softwoods
Fir, Douglas:
Exports:}
Lumber
M
Timber..
M
Orders:
Newi
M
Unfilled, end of month
M
Prices, wholesale:
No. 1 common
dolls, per M
Flooring, 1 x 4, " B " and better
dolls, per M
Production^
M
Shipments!
M
Hemlock, northern:
Production
M
Shipments
M
Pine, northern:
Orders, new
M
Production
M
Shipments
M

ft.b.m..
ft.b.m..

39,447
15,681

24,603
7,377

19,221
8,546

18,276
18,172

21,035
14,453

24,809
23,647

19,085
22,178

23,326
24,588

25,720
17,720

15,379
17,865

ft.b.m..
ft.b.m..

247,549
203,680

104,750
60,432

106,540
57,747

116,836
81,024

153,543
119,074

112,360
76,100

94,901
81,920

106,093
85,053

105,645
120,865

97,140
109,674

8.93

8.93

8.97

8.58

9.50

21.22
20.80
113,255 94,454
128,923 105,645

20.68
81,920
82,815

ft.b.m..

13.36

8.61

9.37

8.66

8.96

ft.b.m..
ft.b.m..
ft.b.m..

24.59
175,030
197,860

20.50
88,634
111,464

20.64
79,681
95,797

20.02
89,977
105,645

20.60
96,244
111, 464

1,567
6,587

388
5,412

1,302
5,507

976
7,097

2,433
7,061

1,598
4,314

1,458
1,843

2,088
2,868

2,305
3,109

10,428
4,406
11, 788

5,046
2,234
5,826

7,605
3,809
6,657

6,824
2,628
6,482

8,792
3,336
9,783

6,139
1,296
6,298

4,643
0
5,403

4,218
0
4,126

4,954
0
4,379

ft.b.m
ft.b.m
ft.b.m..
ft.b.m..
ft.b.m..

14,548
14,942
15,069

1 Data for July, October, December 1932 and March 1933 are for 5 weeks; other months* 4 weeks.
• New series. See p. 20 of November 1932 issue for earlier data.
5 Data revised for 1932. For revisions for full year 1932 see p . 44 of the June 1933 issue.
v Preliminary.




21.58
20.61
93,558 97,587
96,244 104,302

10.67

11.02

11.34

21.30
21.34
105,645 115,046
119,970 140,114

22.42
137,428
149,962

5,050
9,352
0 1,246
4,966 I 8,317

13,011
7,035
11,984

45

SURVEY OF CURRENT BUSINESS

August 1933
Monthly statistics through December 1931,
together with explanatory footnotes and references to the sources of the data, may be found
in the 1932 Annual Supplement to the Survey

June

1933

1932

1933
June

July

Decem- January FebruOctober NovemAugust Septemary
ber
ber
ber

March

April

May

LUMBER AND MANUFACTURES—Continued
LUMBER—Continued
Softwoods—Continued
Pine, southern:
Exports:
Lumber §
M ft.b.m. 21,188
Timber §
M ft.b.m..
4,560
Orders:
New
—_M ft.b.m. 158,833
Unfilled, end of month
M ft.b.m. 88,255
22.70
Price,
flooring
dolls, per M ft.b.m..
Production
M ft.b.m.. 120,613
Shipments
_.M ft.b.m.. 159,210
Redwood, California:
Orders:
New
M ft.b.m.. 37,572
Unfilled
M ft.b.m.. 39,309
Production
_M ft.b.m..
7,013
Shipments
M ft.b.m.. 27,838
FURNITURE
Household:
All districts:
Plant operations*
percent of normal..
42.0
Grand Rapids district:
Orders:
Canceled
.percent of new orders..
3.5
New
no. of days' production..
11
Unfilled, end of
11
month
no. of days' production..
Outstanding accounts, end of
month
no. of days' sales..
18
25.0
Plant operations!
percent of normal..
6
Shipments
no. of days' production..
Southeastern district:
Orders, unfilled, end of
month
dolls., average per firm..
Shipments
dolls., average per firm..
Prices, wholesale:
63.6
Beds
1926=100..
89.5
Dining-room chairs, set of 6
1926=100..
74.1
Kitchen cabinets
1926=100..
76.7
Living-room davenports
1926=100..
Steel furniture. (See Iron and Steel Section.)

21,634
8,921

23,985
6,173

19, 224
3,695

21,460
5,621

24, 781
6,902

20,109
2,278

24,454
6,787

20,876
5,254

18,232
5,024

17,300
7,684

21,427
4,831

24,979
7,582

95,947
43, 572
19.52
90,634
99,619

90, 715
45,724
18.35
83, 239
94,038

149,149
79,847
17.05
91, 241
125,056

134,018
81,645
17.86
80,181
127, 280

144,316
74,958
17.75
113,467
154,329

90, 589
50,184
18.33
99,470
107,000

67,529
44,014
17.37
75,161
73,690

95,685
57,377
17.80
85,494
84, 271

75,575
55,419
17.06
77,798
81,071

113,044
63,838
17.44
87,401
100,714

112,854
67,414
i 17. 55
88,752
110,019

179,843
92,049
18.56
115,783
154,498

12,300
18,456
11,329
14,857

10,791
19,334
8,057
9,470

13,990
19,943
11,023
12,862

15,866
23, 247
10,829
11,921

15,415
22, 798
11,101
15,636

12, 708
21,886
12, 253
13,451

13,630
24,460
12,603
10,989

12,151
18,824
14,319
13,581

11,973
18,302
14, 603
12, 269

13,744
17,493
12,147
14, 207

17,965
19,113
9,804
15,731

29,834
30,117
7,490
18,249

28.0

24.0

26.0

39.0

44.0

43.0

39.0

33.0

27.0

18.0

27.0

37.0

8.0
6

4.0
11

6.5
10

7.5
14

9.0
11

13.0
8

18.0
5

7.0
9

7.0
6

13.0
6

7.0
7

8.0

7

10

10

11

9

7

6

7

5

5

5

19
22.0
6

21
14.0
7

21
22.0
9

27
31.0
12

27
34.0
12

25
33.0
9

25
33.0
6

24
22.5
6

20
19.0
7

19
10.0
5

19
14.0
6

8,820
20,106

20,850
20,684

23, 799
36,325

26,788
40, 252

22,407
43,665

11,042
32, 549

9,290
16,277

20,448
25,975

15,286
33,660

14 298
30,388

17 259
35,962

68.6
89.5
95.3
69.8

64.4
89.5
91.4
69.8

64.4
89.5
78.4
69.8

64.4
89.5
91.4
69.8

64.4
89.5
91.4
69.8

63.9
89.5
91.4
69.8

63.9
89.5
91.4
69.8

62.1
89.5
87.5
73.6

62.1
89.5
87.5
73.6

62.1
89.5
74.1
73.6

62.1
89.5
74.1
73.6

18
24.0
6

62.1
89.5
74.1
73.6

METALS AND MANUFACTURES
IRON AND STEEL
Foreign trade, iron and steel:
52,093 52,558 32,955 36,038 41,226 56,023 54,139 56,720 63,936 180,567 100,395
Exports §
long tons..
123,169
34,487 18,496 23,623 29,241 33,706 34,924 29,390 21,892 19,748 122,114 28,061
Imports *
long tons..
26,295
Price, iron and steel
29.32
29.12
29.32
29.48
29.33
28.93
29.54
composite
dolls, per long ton..
28.31
28.35
28.45
28.16
Sales, iron, steel, and heavy hardware
72
80
76
65
81
79
57
55
January 1921 = 100_
54
Ore
Iron ore:
Consumption by furnaces
1,266
772
735
645
697
607
731
661
630
634
thous. of long tons21
45
15
16
40
17
19
25
75
14
Imports
thous. of long tons..
8
7
Receipts:
Lake Erie ports and fur887
448
0
614
470
619
549
299
116
0
naces
thous. of long tons..
0
0
353
0
343
220
78
88
172
57
105
0
0
0
Other ports
thous, of long tons..
901
0
1,281
640
722
641
927
250
234
0
0
0
Shipments from mines.-thous. of long tons..
Stocks, total, end of month
28,314
thous. of long tons.. 27,479 32,159 32,059 32,164 32,324 32,457 32,084 31,490 30,812 30,152 29,557 28,848
23,407
At furnaces
thous. of long tons— 22,690 26,784 26,761 26,896 27,083 27,234 26,893 26,328 25,680 25,047 24,486 23,879
5,071
4,907
4,789
5,132
5,298
5,241
5,223
5,162
5,191
5,268
Lake Erie docks..
thous. of long tons..
5,105
» 5,374
Manganese ore, imports (manganese content) #
3
thous. of long tonsIron, Crude, and Semimanufactures
Castings, gray-iron:
Orders:
108
143
75
50
61
New
av. tons per foundry..
71
56
50
61
64
Unfilled, end of month
65
83
47
51
52
51
41
49
48
58
49
av. tons per foundry..
99
122
65
68
78
66
74
65
65
78
62
Production
av. tons per foundry..
145
169
86
103
72
103
64
96
90
96
83
67
90
Receipts (materials)..av. tons per foundry—
254
246
236
237
242
221
232
258
231
210
217
236
Stocks (materials)
av. tons per foundry..
Castings, malleable: *
1
24,671
7,776 10,582 12,850 14,304 14,504 •12,645 • 11,273 12,508 • 18,449
Orders, new
short tons.. 31,997 13,330
24,628
9,447
6,804 10,051 12,274 13,622 14,128 12,638 13,780 • 9,959 '18,566
Production
short tons.. 31,118 15,018
29.0
°21.8
•11.4
35.8
14.5
"16.2
11.6
16.0
17.3
8.0
«14.9
16.2
11.1
Percent of capacity...
23,077
9,746 11,615 12,745 14,366 14,315 14, 215 11,077 >17,261
8,631
Shipments...
short tons— 29,268 16,450 11,359
Pig iron:
Furnaces in blast, end of month:
33,160
Capacity
long tons per day.. 51,675 18,955 17,525 16,225 19,205 20,170 20,860 15,810 18,820 18,910 15,580 22,805
48
38
90
46
42
49
46
42
45
51
45
Number
47
Prices, wholesale:
14.20
13.50
13.50
13.50
15.00
13.50
13.50
13.50
13.50
13.50
14.00
13.50
13.50
Basic (valley furnace).-dolls, per long t o n 15.45
14.75
14.68
16.02
14.74
14.73
14.85
14.69
14.68
14.71
14.93
14.81
14.68
Composite pig iron
dolls, per long tonFoundry, no. 2, northern (Pitts.)
16.59
16.39
16.39
16.39
16.39
16.39
16.39
17.39
16.39
16.39
16.39
16.39
16.39
dolls, per long t o n 624
542
572
645
531
546
554
887
631
Production
thous. of long tons— 1,265
• New series. For earlier data see p. 20 of November 1932 issue (iron and steel imports) and p . 20 of the April 1933 issue (castings). Furniture activity, all districts, not
published.
# Imports from Cuba not included.
t Revised. Earlier data not published.
§ Data revised for 1932. For revisions for full year 1932 see p . 45 of t h e June 1933 issue.
» Revised.




46

SURVEY OF CURRENT BUSINESS

Monthly statistics through December 1931,
together with explanatory footnotes and references to the sources of the data, may be found
in the 1932 Annual Supplement to the Survey

1933
June

August 1933
1933

1932
June

July

Decem- January
August Septen, October Novem-'
ber
ber

F

|ry U "

March

April

May

METALS AND MANUFACTURES—Continued
IRON AND STEEL—Continued
Iron, Manufactured Products
Cast iron boilers and radiators:
Boilers, gas-fired:
16,820 37, 732 58,786 100. 732 87, 771 83,731
9,207 64,9S9 48,454 20.837 44, 681
Production
thous. of B.t.u.. 44,308
Shipments, quantity
thous. of B.t.u.. 66, 757 48,281 49,406 76,265 91,465 94,748 58,680 42,911 42, 662 42,169 29,004 22,918
Shipments, value
dollars.. 49,170 60,321 47, 751 79,831 81,844 97,193 52,446 41,382 38, 243 26,543 25,979 20, 025
Stocks, end of month
thous. of B.t.u.. 518,384 615,225 613,533 591. 220 555, 483 531, 238 563, 333 521, 374 528,238 559,851 554, 391 583, 037
Boilers, range:
Orders:
New
number of boilers.. 56, 481 35,891
26, 555 30,750 39,326 51, 073 35,551 27,564 35, 774 29, 801 36, 338 39,024
Unfilled, end of month, total
8,872
4,967
6,247
number of boilers.. 24, 948
9,224
6,585
8,073
6,016
5,304
6,900
8,320
6,333
Delivery, 30 days or less
3,289
7,397
4,146
5,993
4,952
5,639
3,586
number of boilers.. 23,863
3,260
5,290
6,917
4,591
Delivery, more than 30 days
1,085
1,475
3,231
2,101
1,678
2,044
1,633
1,610
1,742
2,434
1,403
2,430
number of boilers..
Production
number of boilers.. 67, 216 34,960 32,124 28,796 37, 297 48.912 36,923 29,375 39,991 27, 042 38,251 34,866
Shipments
number of boilers.. 67, 507 34,557 30, 475 29,469 39,011 49.653 37, 538 27, 582 37, 831 29. 570 37, 618 35,119
Stocks, end of month, .number of boilers.- 23,860 25,097 26,746 26,073 24,359 23,618 23,003 26,195 28,355 25,827 25,843 25, 590
Boilers, round:
3,870
2,393
1,811
1,881
1,680
2,035
2,279
2,225
3,648
3,639
Production...
__.thous. of lb_.
6,220
1,823
1,792
4,159
1,772
2,799
3,240
3,891
6,225
2,102
2,133
Shipments.
_
.thous. oflb_.
4,704
3,552
8,896
Stocks, end of month
thous. of lb._ 26,124 37, 239 35, 794 34. 273 31,963 29,617 28, 734 26,863 24,517 24,736 24, 235 24, 927
Boilers, square:
6,211
9,613
9,142
6,144
7, 602
9,734 13, 793 16,824 11,003
4,918
6,140
Production
thous. of lb_. 13,539
4,465
4,860
5, 567
8,181
6,410
9,276 13,653 19.113 25,845 13. 335 10,434
Shipments
thous. of lb_. 10,828
Stocks, end of month
.thous. of lb_. 116,938 126,505 126,826 123,174 118,280 109. 730 107,572 101,448 99,032 100, 585 100,409 105,457
Boiler fittings, cast iron:
4,706
1,592
1,577
1,514
1,455
1,655
2,426
1,401
3,187
1,760
2,787
1,717
Production
_
short tons..
5,464
2,322
2,228
3,019
2,319
2,161
2,029
3,461
3,954
2,908
2,665
2,165
Shipments
short tons..
Boiler fittings, malleable:
3,607
1,284
1,100
1,743
1.274
1,229
995
1,088
1,267
1,804
1,025
Production
short tons..
2,128
3,765
1,302
1,586
1,503
1,537
2,215
1,375
1,433
1,622
1,701
Shipments
short tons..
2,027
1,115
Radiators:
3,002
4,138
2,231
2,992
1,894
1,388
1,975
2, 751
4,472
4,299
2,547
3,236
Production.thous. of sq. ft. heating surface..
3,346
1,542
1,605
1,634
3,392
4,340
5,331
2,917
3,474
2,001
Shipments.-thous. of sq. ft. heating surface..
7,630
4,816
Stocks, end of month
35,626
31,
992
30,
417
29,646
37,868
35,935
33,688
31,
270
28,
250
28,363
27,967
27,838
thous. of sq. ft. heating surface..
Radiators, convection type:
New orders:
Heating elements only, without cabinets or
95
35
103
85
156
126
87
54
70
33
grilles.thous. of sq. ft. heating surface#_.
Heating elements, including cabinets and
160
123
191
165
142
grilles.thous. of sq. ft. heating surface#_.
211
180
196
155

70, 265
88,444
53, 934
549, 059
92, 265
35,974
34, 335
1,639
63, 724
65,163
24,151
3,242
2,403
26, 063
12,140
6,412
111, 099
2,919
4,191
2,140
2,827
3,754
2,133
33, 512

241

Sanitary Ware
Bathroom accessories: *
Production
number of pieces..
Shipments
number of pieces..
Stocks, end of month
number of pieces..
Plumbing brass. (See Nonferrous metals.)
Plumbing and heating equipment, wholesale
price (8 pieces)*
dollars..
Porcelain enameled flatware:
Orders, new, total
dollars..
Signs
_
___
dollars..
Table tops
dollars.Shipments, total
dollars..
Signs
___
dollars..
Tabletops
dollars..
Porcelain plumbing fixtures:
Orders:
New, net
number of pieces. .
Unfilled, end of month..number of pieces..
Shipments
number of pieces..
Stocks, end of month
number of pieces..
Vitreous china plumbing fixtures:
Orders:
New, net
number of pieces..
Unfilled, end of month-.number of pieces..
Shipments
number of pieces..
Stocks, end of month
number of pieces..
Woodwork, plumbers':
Orders:
New, net
number of pieces..
Unfilled, end of month..number of pieces..
Shipments
number of pieces..
Stocks, end of month
number of pieces..

29,620
33,666
667,842
197. 50

30, 785 28,664
31,673 42,555
660,518 646,627

35,136
45,811
644,438

34,182 25,138 24,095 24,033
49, 410 36,360 23, 623 27,088
621,195 613, 227 612, 702 608,851

20,119 14,315
33, 562 29, 698
593, 720 420,318
182.80

182.00

182. 03

183. 93

362, 371 236, 234 278, 361
216, 931 87,158 102,219
46,475 48, 685 59,574
389, 683 249,817 271, 694
232, 611 101,148 113, 582
55,899 48,202 50, 424

344, 763
144,615
75,177
324,114
126, 671
72,983

"475,156
195, 358
121,182
'388,115
148, 793
104,820

493,892
217,813
91,861
504, 576
216,901
106,946

1,404
2,884
1,399
11,811

2,104
2,991
1,936
11,490

1,698
2,776
1,885
11,339

3,041
3,430
2,381
11, 345

206,139 "99,346 80,890 98,156 77, 424 86. 721 65, 426 56, 687 80, 283 77, 531 118,697 245, 024
318,412 121, 784 109,923 109, 297 91, 738 87,601 83,826 85,480 79, 903 76,802 99, 332 198, 787
194,845 110,310 92, 751 98, 782 94,983 91,061 66,437 57, 594 89,395 80,632 96,167 145, 569
315,371 525, 749 520,194 512,697 504,039 486, 470 496,039 518, 245 506,126 472,472 443,858 391,369

296, 264
307,118
187, 933
340, 218

190. 97

192. 96

653,402 450, 013 349,496
210,228 202,098 148,089
191,979 87, 486 52,011
556,300 475, 787 406,066
209,375 206, 686 193, 279
116,676 96, 276 54, 218
3,246
4,362
2,197
11,184

1,960
3,141
1,789
15,324

2,079
3,240
1,878
15,036

192. 31

192. 57

193. 28

192. 43

366,279 412,119
131,644 123,861
75,650 94,831
422,290 453, 808
175,715 159, 400
83,075 101, 582

460, 683
157, 678
123, 484
461, 617
146,812
121, 222

385, 718
172, 933
77, 681
404,273
172,467
83, 551

2,788
3,747
2,900
14, 580

2,547
3,405
2,799
13,053

3,217
3,455
2,991
14,479

112, 636 77, 247 95,232
81, 288 80,112 70,669
100, 703 78,423 104,675
145, 224 140, 272 135,110

3,628
3,021
13, 560

192. 63

1,708
3,124
1,833
13,838

186.40

1,643
2,888
1,442
13,343

141, 736 94, 226 71, 413 55,366 71, 303 70, 737 77, 781 97,851
77,443 78, 670 78,157 60,967 72,684 72, 657 71,170 77, 592
134,962 94,392 71,926 72,330 60,400 70,764 79,268 88,467
118,921 117, 633 115, 330 111, 847 112, 416 112, 457 113,953 106, 715

169, 543
130, 715
116,420
101, 774

Steel: Crude and Semimanufactured
9,572 12, 209 11,934 12, 759 13,253 14,196
8,726
Bars, steel, coldfinished,shipments .short tons.. 32, 774 13,144 13,431
7,229
Castings, steel:
9,301
12, 488
10,147 11,882 11,896 13, 235 13,283 12,942 11,857 11,458
Orders, new, total
_
short tons._
1,968
2,784
1,971
1,531
3,337
2,489
Railroad specialties
...short tons..
2,918
2,680
3,088
6
7
8
8
9
8
Percent of capacity
9
9
9
12, 507 11, 460 12, 331 11,334 12, 531 13, 712 13,886 13,951
12,438 13, 209
Production, total
short tons
2,609
2,465
2,520
3,285
2,379
2,259
Railroad specialties
short tons
2,617
3,672
2,753
2,721
9
Percent of capacity
9
9
9
10
10
Ingots, steel: t
1,087
847
1,032
910
2,598
913
SO:
992
1,030
Production
thous. of long tons..
1,087
861
18
46
15
21
16
Percent of capacity
_
16
15
19
18
15
18
Prices, wholesale:
.0209
Composite, finished steel
dolls, per lb_.
.0210
.0210
.0215
.0214
.0217
.0217
.0217
.0216
.0216
.0212
Steel billets, Bessemer (Pittsburgh)
26.00
26.00
26.00
dolls, per long ton__
26.50
26.00
26.00
26.00
26.00
26.00
26.00
26.00
• Revised.
* New series. For earlier data, see p. 20 of the January 1933 issue (price series). Earlier figures on bathroom accessories and convection type radiators
t Series revised for 1932. For revision for months, January-April, see p. 46 of the July 1933 issue.
# Inequivalent direct radiation.




16, 624

23,132

14, 507
4,692
10
12, 071
2,806
9

20, 755
3,642
14
18, 991
3,470
13

1,363
25

2,002
34

.0206

.0208

26.00

26.00

not published.

47

SURVEY OF CURRENT BUSINESS

August 1933
Monthly statistics through December 1931,
together with explanatory footnotes and references to the sources of the data, may be found
in the 1932 Annual Supplement to the Survey

1933
June

1933
June

July

1933

Decem- January
October NovemAugust September
ber
ber

February

March

.0160
5.25

.0160
5.25

April

May

METALS AND MANUFACTURES—Continued
IRON AND STEEL—Continued
Steel: Crude and SemimanufacturedContinued
Prices, wholesale—Continued
Structural-steel beams (Pittsburgh)
dolls, per lb..
Steel scrap (Chicago).dolls, per gross ton..
U.S. Steel Corporation:
Earnings, net
thous. of dolls..
Orders, unfilled, end of month
thous. of long tons..
Steel: Manufactured Products
Barrels, steel:
Orders, unfilled, end of month
number..
Production
number..
Percent of capacity
Shipments
number..
Stocks, end of month
number..
Boilers, steel, new orders:
Area
thous. of sq. ft..
Quantity
number of boilers..
Furniture, steel:
Business group:
Orders:
New
thous. of dolls..
Unfilled, end of month thous. of dolls..
Shipments
...thous. of dolls..
Shelving:
Orders:
New.
thous. of dolls..
Unfilled, end of month. ..thous. of dolls..
Shipments
thous. of dolls..
Safes:
Orders:
New
thous. of dolls..
Unfilled, end of month. ..thous. of dolls..
Shipments
thous. of dolls..
Lock washers, shipments
thous. of dolls..
Plate, fabricated steel, new orders, total
short tons..
Oil storage tanks
short tons..
Sheets, black, blue, galvanized, and full finished:
Orders:
New
short tons..
Unfilled, end of month
short tons..
Production, total
short tons..
Percent of capacity...
Shipments
short tons..
Stocks, end of month, total
short tons..
Unsold stocks
short tons..
Structural steel, fabricated:
Orders, new
short tons..
Percent of capacity
Shipments
short tons..
Percent of capacity
Tin and terne plate: *
Production
thous. of long tons..
Track work, production.
short tons..

.0160
5.69

.0160
8.91
4.882
2,107

641,441
572,851
42.0
568, 437
26,187
550
511

d

.0160
4.88

.0160
5.75

.0160
6.25
d

3,363
2,035

1,970

.0160
6.00

d

4,475
1,985

.0160
5.25

.0160
5.93

d

3,828
1,854

1,968

1,997

790, 623 729, 669 617,165 613,373 475, 318
651,916 352, 614 362,993 395, 640 422, 637
26.0
45.0
28.4
30.2
24.6
654, 561 353, 336 360, 509 398, 241 417,470
33,172 32,450 34,934 32,333
37, 500
322
291
232
467
351
403
331
379
443
328

.0160
5.25

.0160
6.00

.0160
8.45

3, 795
1,930

1,841

387,050 330, 359 275, 354 453,083 510, 737 526,491
373,190 300, 570 292, 201 269, 755 373,340 401,086
19.7
26.7
21.6
21.0
29.2
27.2
376, 647 307,372 292, 609 272, 432 371,945 402, 506
34,043 27,160 26, 752 24,075 25, 470 24,050

614, 214
465,418
33.9
467, 695
21, 773

316
301

156
215

218
197

128
176

245
193

225
235

396
328

«406
512

686
456
636

655
462
672

554
493
522

574
524
543

551
536
578

577
582
622

577
577
582

589
551
611

552
521
583

449
505
464

419
442
482

447
374
405

178
182
166

187
226
177

114
185
155

125
169
141

153
180
146

144
181
142

139
194
125

153
142
135

106
127
121

117
139
104

142
143
138

» 159
* 168
134

• 172
173
167

118
203
105
168

102
180
143
78

116
207

129
219
118
43

97
214
102
50

94
200
108
52

102
169
116
65

84
171
82
82

112

191
107

72

117
209
106
59

84
180
117
90

100
190
89
114

36, 958
20, 894

18, 383
2,808

12,485 11,916
3,661 j 4,394

11,109
3,753

16,737
5,941

7,873
1,446

9,510
3,154

11,128
1,501

16, 588
8,347

8,903
1,270

9,502
2,983

16, 243
2,858

246,737
229,436
166,272
51.2
152,953
104,355
50, 067

85,191
85,195
85,232
22.8
90,157
121,946
74,642

66,301
77,432
60,956
16.3
73,191
114,518
68,450

66,132 78,925
81,283 80, 570
57, 417 89,817
15.3
23.9
61, 284 75,490
107, 680 107, 624
58, 651 58, 797

94,656
90, 707
108,111
28.7
92,424
105,833
60, 257

66,274
77,339
90, 679
26.6
76, 866
103, 321
60,177

76,962
84,390
77,489
22.7
67.412
94, 658
57.413

75,615 80, 550
77,509 83, 760
85, 337 91, 723
27.8
25.9
79, 234 72, 772
94, 783 100, 688
54, 831 57, 296

83,295
91,993
64, 724
19.6
74, 880
95, 606
52,199

118, 594
111,311
111,942
34.5
100, 353
91, 859
47, 815

144,192
136, 592
139,696
43.1
119,159
98,991
51, 295

22
83, 200
21

69,200
17
83,600
21

78,800
20
85,600
21

111,200
28
90,800
23

74,400
19
86,400
22

194
2,471

101
1,975

83
1,890

75
1,797

77
1,430

88
1,245

1,822

82
2,013

94
1,662

802
111
491
200

997
267
452
278

578
48
332
198

546
35
290
221

632
38
334
260

739
48
360
331

670
72 |
287
311

554
93
230
231

411
62
209
141

345
41
186
118

350
60
187
103

235
97

81
265
44

61
425
30

13
422
18

37
401
51

67
414
61

31
222
42

36
209
43

12
220
29

13
177
44

21

39
196
32

39
228
7

228

116
39, 409
43, 693

49
17,371
15, 685

78
34, 627
28,099

63
25,259
33,122

69
26,829
31,810

78
26, 266
28, 772

46
18,792
22,102

45.5
24.8
37.4

14.2
23.1
11.1

18.7
25.8
16.5

18.6
15.2
29.8

11.9
17.6
10.2

23.2
24.4
17.6

11.8
22.4
14.5

18.6
13.3
24.7

68.4
58.5
23.2

16.1
60.0
14.6

50.4
19.7

19.4
14.7
55.1

25.6
16.8
24.5

4,694
1,480
3,889
7,632

4,371
473
4,442
10,137

4,688
568
4,593
9,850

7,319
647
7,240
9,645

11,621
1,071
11,197
8,319

12,036
939
12,168
6,772

3,920
464
4,395
6,935

3,371
779
3,074
7,812

1,694
646
1,827
7,813

1,956
311
2,019
7,534

2,878
615
2,574
7,162

2,755
526
2,844
7,526

3,562
675
3,413
7,815

0
0

0
0

0
0
3

0
0
10

58

51,600 145,600
36
13
76, 000 68,800
19
17
82
1,765

85
1,845

145
1,768

MACHINERY AND APPARATUS
Air-conditioning equipment:
Orders, new, total
thous. of dolls. _
Air-washer group
thous. of dolls..
Fan group
thous. of dolls..
Unit-heater group
thous. of dolls..
Electric overhead cranes:
Orders:
New
thous. of dolls..
Unfilled, end of month
thous. of dolls..
Shipments
thous. of dolls..
Electrical equipment. (See Nonferrous metals.)
Electric hoists:
Orders, new:
Quantity
no. of hoists..
Value
dollars..
Shipments
dollars..
Exports, machinery. (See Foreign Trade.)
F o u n d r y equipment:
Orders:
New...
1922-24=100..
Unfilled, end of month
1922-24=100..
Shipments
1922-24=100..
Fuel equipment:
Oil burners:
Orders:
New
no. of b u r n e r s . .
Unfilled, end of month—.no. of b u r n e r s . .
Shipments
no. of b u r n e r s . .
Stocks, end of month
no. of b u r n e r s . .
Pulverized fuel equipment:
Orders, new, central system:
Furnaces and k i l n s . . . n o . of pulverizers..
Water-tube boilers
no. of pulverizers...
Orders, new, unit system:
Fire-tube boilers
no. of pulverizers..
Furnaces and kilns . . . n o . of pulverizers..
Water-tube boilers
no. of pulverizer? .




• Revised.

d

Deficit for quarter.

" New series. For earlier data see p. 20 of the December 1932 issue.

580
106

48

SURVEY OF CURRENT BUSINESS

Monthly statistics through December 1931,
together with explanatory footnotes and references to the sources of the data, may be found
in the 1932 Annual Supplement to the Survey

1933

June

August 1933
1933

1932
June

Decem- January
August SeptemOctober November
ber
ber

July

M E T A L S AND

March

ary

April

May

MANUFACTURES—Continued

MACHINERY AND APPARATUS-Con.
Fuel]equipment—Continued
Stokers, mechanical, new orders:
Class 1, residential *
numberClass 2, apartment and small comHmercial *
...numberClass 3, general commercial and small
commercial heaters *—
numberClass 4, large commercial: *
Number
--Horsepower
Machine tools:
Orders:
New
1922-24=100.
Unfilled, end of month
_ 1922-24=100,
Shipments.—
1922-24=100.
Pumps:
Domestic, water, shipments:
Pitcher, hand, and windmill
units.
Power, horizontal type.units.
Measuring and dispensing, shipments:
Gasoline:
Hand operated
units.
Power.units.
Oil, grease, and other:
Hand operated
units.
Power
units.
Steam, power, and centrifugal:
Orders:
New
thous. of dolls.
Unfilled, end of month—thous. of dolls.
Shipments
thous. of dolls.
Water-softening apparatus, shipments..units.
Water systems, shipments
.units.
Woodworking machinery:
„, Orders:
Canceled
thous. of dolls.
New..
thous. of dolls.
Unfilled, end of month
thous. of dolls.
Shipments:
Quantity
machinesValue..
thous. of dolls.

488

312

432

757

1,248

1,299

18

43

44

143

200

167

49

14

46

82

100

102

187
32, 723

113
25,096

114
25,068

137
26,056

166
29,139

117
20,819

521

251

307

252

55

24

27

18

50

64

33

29

91
13, 283

98
18,375

63
12, 248

36
45
32

709

29
60
43

218

357

22

15

42

55
11,113

84
16, 550

57
13, 599

93
23, 212

32
49
26

15
35
27

13
28
22

19

28
33
23

39, 291
578

23, 712
747

18,680
388

19,983
412

22, 595
324

14, 247
334

12,415
321

12, 772
256

17,819
258

18,303
269

19,073
303

22, 778
350

30, 755
496

2,038
6,940

3,080
6,883

2,573
5,619

2,411
5,697

1,731
4,316

1,813
4,692

1,681
4,442

1,080
2,941

1,144
2,974

965
3,221

1,418
4,048

1,745
4,925

2,450

25,096
429

36,707
532

21,965
366

23,752
751

28,305
1,647

25,105
972

30,031
493

20,408
355

14,754
401

14,918
290

15,651
367

20,958
576

32,849
497

736
1,261
597
232
6,358

441
1,559
571
237
6,769

391
1,450
493
154
5,441

387
1,369
437
185
5,818

437
1,333
450
263
5,088

387
1,310
399
217
3,999

1,193
378
185
3,188

359
1,051
494
182
2,258

277
1,012
310
208
3,533

424
1,103
318
190
2,908

404
1,066
434
171
2,778

466
1,093
435
167
3,706

511
1,126
474
215
5,605

341

4
163
237

1
162
289

1
139
249

2
187
256

161
221

11
167
171

2
124
179

5
113
187

97
201

2
138
205

272
290

275
316

126
174

113
114

195
173

114
175

153
193

5
147
195
134
164

159
175

100
111

104
132

149
191

16,386

15,844

10,809

11,008

11, 553

10,481

9,546

10,777

11,176

10,974

4,807

18,345

.2290
.0303

.2290

.2290
.0300

.2290
.0300

.2290
.0315

.2290
.0400

.2290
.0400

.2290
.0400

.2290
.0400

.2290
.0400

.2290
.0416

.2290
.0548

1,319
461
858

1,276
405
871

1,320
325

1,406
298
1,108

1,573
381
1,193

1,265
321
945

1,149
326
'824

1,346
272
1,074

1,178
260
918

1,135
193
942

1,544
274
1,270

2,111
325
1,786

10, 679
28,139
15,719
.0515

7,576
4,936
4,936
.0505

8,240
8,329
7,881
.0522

15,821
7,067
6,277

8,318
6,636
6,609
.0573

5,839
4,944
4,944
.0513

9,826
10,301
9,604
.0481

12. 567
8, 768
8,187
.0478

12, 515
8,004
8,004
.0478

12,139
8,563
8,548
.0501

10,644
7,214
5,423
.0540

10,976
11,120
9,889
.0670

24, 584
952

20,939
976

20,333
770

20,421
1,346

20, 755
2,615

21,245
1,990

25,465
2,298

22, 580 22, 299 24,037
2,298
1,915
1,887
480
66
200
2,531
.0300
.0315
.0300
.0300
21,173 24, 615 20,033 24,684
24, 089 19,030 17, 349 21,950
176,157 184,693 189,751 194.251

17,835
2,552

17,673
2,772

183
.0326
23,385
25,378
196,827

20
.0365
19,405
28,197
197,109

NONFERROUS METALS AND
PRODUCTS
Metals

Aluminum:
Imports, bauxite
long tons.. 12,944
Wholesale prices:
.2290
No. 1, virgin, 98-99, N.Y
dolls, per lb__
.0675
Scrap, cast, N.Y
dolls, per lb__
Babbitt metal:
2,328
Production, total
thous. of lb._
450
For own use
thous. of lb
Sales
thous. oflb
1,878
Copper:
Exports, refined§
short tons.. 12,575
Imports, total§
—short tons.. 12, 305
Ore and blister
short tons.. 10,445
.0777
Price, electrolytic, N.Y
dolls, per l b . .
Gold. (See Finance.)
Lead:
Ore:
Receipts in U.S. ore
short tons.. 17,502
3,807
Shipments, Joplin district
short t o n s Refined:
518
Imports
short tons._
.0417
Price, pig, desilverized, N.Y-dolls. per lb—
Production
short tons— 21, 783
Shipments, reported
short tons.. 34,825
Stocks, end of month
short t o n s - 193,005
Silver. (See Finance.)
Tin:
Consumption in manufacture of tin and
terneplate *
—long tons— 3,020
6,145
Deliveries
long tons—
Imports, bars, blocks, etc
long tons—
.4421
Price, Straits, N.Y
dolls, per lb—
Stocks, end of month:
World, visible supply. _.
long tons— 39,964
3,474
United States
long tons..
Zinc:
Ore, Joplin district:
Shipments—
short tons— 20,456
Stocks, end of month
short tons— 15,232
Price, slab, prime, western (St. Louis)
dolls, per Re.0435
production, total (primary)
short tons.. 24,027
Retorts in operation, end of mo.__number._ 24,404
Shipments, total
short tons.. 36, 737
Domestic
short tons.. 36,693
Stocks, refinery, end of month...short tons.. 123,924

5,534
.0299
26,068
22, 295
181,044

381
5, 470
.0324
.0275
15,819
17,118
20,448
29,624
180,978 175,907

1,220
5,563
1,113
.0305
.0347
.0305
20, 49S 21,092 24,465
27, 682 31,045 23,065
173,159 171,445 175,532

1,600
3,540
3,234
.1964

1,400
2,265
3,098
.2093

1,200
2,585
2,399
.2296

1,100
2,680
2,668
.2476

1,400
3,130
3,063
.2392

1,300
3,240
2,582
.2332

1,300
2,645
3,786

1,360
3,725
2,802
.2270

1,400
3,045
2,262
.2350

1,310
3,330
2,830
.2434

1,460
4,555
4,274
.2715

2,260
4,835
5,725
.3591

48,945
3,759

49,125
4,559

47,177
4,459

47,739
4,191

47,048
4,291

47,471
3,441

45, 796
4,496

44, 223
3,461

43,160
2,741

43, 528
2,281

42,541
2,040

41,883
3,036

13,992
74, 069

7,745
70,454

7,192
67,902

12,032
64,136

24, 715
51,201

22, 280
42,891

23,948
37, 500

30,875
24, 515

22, 262
18,343

10,976
19,987
.0312
.0302
.0299
.0267
18,653 19,828 20,076 22,095
21,023 22,660 23,389 22,375
15, 745 15,040 15, 280 16,156
15, 725 15, 000 15, 280 16,156
124,856 129, 644 134,440 140,379

19, 830
17,167

13,869
18,108

.0330
21,449
22,405
19,381
19,336
142,447

.0381
21,730
23,569
27,543
27,543
136,634

1,091

2,303

.0278
16,423
18,742
14, 971
14,951
134(027

.0276
.0303
.0332
.0254
.0309
14, 716 13, 611 13, 260 15, 217 16,078
17,369 19, 753
18,295
14, 514 14,915
12,841
16, 360 20, 638 19,152 15,970
12, 841
16, 321 20, 618 19,132 15,950
135,902 133,153 125, 775 121,840 121,948

Electrical Equipment
Conduit, nonmetallic, shipments—thous. of ft—
Delinquent accounts, electrical trade. (See
Domestic trade.)
Furnaces, electric, new orders
kilowatts..

2,609

1,272

1,180

1,877

1,705

1,045

1,341

1,622

1,792
220
100
620
1,357
591
106
334
205
• Revised.
• New series. For earlier data see p. 19 of the January 1933 issue (stokers) and p. 20 of December 1932 issue (tin consumption)
§ Data for 1932 revised. For revisions.for full year 1932 see p. 48 of the June 1933 issue.

247




1,129

211

2,157

49

SUKVEY OF CURRENT BUSINESS

August 1933

June

1933

1933

1933

Monthly statistics through December 1931,
together with explanatory footnotes and references to the sources of the data, may be found
in the 1932 Annual Supplement to the Surrey

June

July

Decem- January FebruAugust SeptemOctober November
ber _ b e r
ary

March

April

May

METALS AND MANUFACTURES—Continued
NONFERROUS METALS AND
PRODUCTS—Continued
Electrical Equipment—Continued
Electrical goods, new orders f (quarterly)
thous. of dolls.
Laminated phenolic products, shipments
dollars.
Mica, manufactured:
Orders, unfilled, end of
month..
thous. of dolls.
Shipments
thous. of dolls.
Motors (direct current):
Billings (shipments)
dollarsOrders, new
_
dollars..
Panelboards and cabinets, shipments
thous. of dolls..
Porcelain, electrical, shipments:
Special
dollars.
Standard
dollars.
Power cables, shipments
thous. of ft
Power switching equipment, new orders:
Indoor.
_
dollars.
Outdoor
dollars..
Radiators, convection type. (See Iron and steel.)
Reflectors, industrial, sales
...units..
Vacuum cleaners, shipments
number „
Vulcanized fiber:
Consumption.thous. of lbs..
Shipments..
thous. of dolls..
Welding sets, new orders:
Multiple operator
units..
Single operator
units,
Miscellaneous Products
Brass and bronze (ingots and billets):
Deliveries
net tons..
Orders, unfilled, end of month
net tons..
Brass, plumbing:
Shipments *_.
number ol pieces.
Brass sheets, wholesale price, mill
dolls, per lb.__
Copper, wire cloth:
Orders:
Make and hold-over, end of month
thous. of sq. ft..
New
_
..thous. of sq. ft..

Unfilled, end of month
thous. of sq. ft..
Production
.thous. of sq. ft..
Shipments
thous. of sq. ft..
Stocks, end of month
..thous. of sq. ft._
Fire-extinguishing equipment. (See automobiles.)

79,514
622,979
122
90

79,080

63,319

62,912

57,897

444,588 327,913 284, 779 375,849 456, 720 379,687 325,004 299,259 294, 230 311,439 391,055
55
55

48
45

175,105
169,691

191,601
149,407

44
49

49
47

163, 242 160,016
134,651 137,704

51
56

46
65

45
56

46
58

129,488 150, 283 186,285 108,871
124,546 146,813 133,950 83,679

29
50

34
53

28
48

136, 566 150, 571 128, 786
168, 266 141,313 118, 359

560, 582
42
76
231,210
158,094

204

188

176

193

179

142

147

173

191

146

137

130

157

43,733
45,781
412

25,479
15,030
684

22,468
15,295
646

32,074
19,121

37,257
20.820
544

49,051
22, 688
420

42, 664
15, 715
343

29,007
11,450
282

20,310
14,721
254

27,897
15,770

38,311
17,188
285

25, 722
17,197
288

34,813
21,181
246

23,506
50,527

17,695
52,695

15,472
50,108

22,064
48,058

20,316
45,139

13,345
26,216

15, 343
38,000

17,703
58,618

19,799
42,173

25,096
33, 784

10,812
36,482

23,161
35,936

38,970

33,163
30,299

22,061
21,697

35,094
30,088

38,453
38,000

35, 327
36,178

29,699
38,727

27,668
28» 462

25,052
30,106

25, 381
43,340

1,964
404

788
206

494
208

664
203

37, 736
33.821
753
255

17, 356
74, 979
30, 223
37, 934

1,047
260

903
245

948
188

876
204

811
192

874
187

206

5
66

0
71

0
70

0
64

63

1
101

39

2
39

1
57

1,920
18,186

1,397
17,421

2,112
18,336

1,969
17,002

1,646
16, 648

1,492
16,373

1,261
15,934

1,421
14,952

1,586
15,991

4,973
16, 568

1,758
18, 790

748,916 604,154 641,498 789,862 837,258 637,923 446,608 493,477 585,796

2,274
16,408

32,142
1,357
285
2
94

3,804
16, 712

563,660 <664,419 1,007,641

.133

.120

.120

.120

.124

.125

.125

.125

.110

.110

.110

510
484
648
458
457
802

535
209
71
213
197
949

501
253
126
199
241
892

533
310
117
281
283
878

525
309
103
299
306
865

503
288
103
308
276
901

506
301
115
289
275
800

507
249
130
253
227
921

487
275
106
241
257

518
257
110
220
220

542
317
118
267
265
832

si

.115

.122

549
281
102
256
238
845

«543
°642
<406
<294
«305
9

179,432
24,368
122, 608
46, 578
30, 080
31,904
552
62,409

82,176

PAPER AND PRINTING
WOOD PULP
Chemical:
Consumption and shipments total
short tons
137,842 132,876 151, 502 157, 202 172, 764 163,454 143,140 159, 268 '163,686 187, 706
Soda
_
..short tons
16,446 17,284 21,190 21,106 21,274 20, 572 16,910 20,580 20,066 28, 334
92,870 88,120 99, 404 103, 368 111, 602 107, 684
Sulphite, total
short tons
108,022 '113, 646 127, 312
31,394 29, 276 30,138 34,784 37,158 34,972 32,466 43,314 44,500 49, 406
Bleached
short tons..
17,466
22,364
17,
576
Unbleached
short tons.
22, 756 24, 590 23,646 18,010 22, 744 24, 274 29, 608
30,034 32,076 39,294 34,736 29, 596 30,040 29,290 31, 340
28,030
Sulphate.
short tons..
874
496
Other grades
short tons
626
684
720
594
462
536
652
598
Imports!
short tons.. 137,206 71,692 61,127 73,721 78, 095 119, 612 142,363 146,289 138,971 98,431 78,921
Price, wholesale, sulphite, unbleached
1.53
dolls, per 100 lbs..
1.53
1.58
1.53
1.53
1.58
1.58
1.58
1.58
1.58
1.55
Production, total
short tons..
147,038 134,774 151,632 159,028 175, 610 164,856 144,150 165,182 162,956 1S3,850
Soda
short tons..
17,892 16,192 20,094 19,852 21,102 19,604 16,448 19,934 18,978 22, 602
Sulphite, total..
..short tons
98, 682 88,982 99,644 103,586 111, 452 108,152 95,036 111,610 112,848 .126, 242
Bleached
short tons
32,124 27, 480 30, 546 35,940 36,986 34,906 31, 558 41,964 41,422 45, 020
Unbleached
short tons..
21,556 21,408 24, 012 23,582 26,424 24,238 17,916 27, 288 28,008 32, 080
Sulphate
short tons.
30,096 29,042 31,162 34,840 42,366 36, 604 31,992 33,080 30, 466 34, 214
Other grades..
short tons.
792
368
558
674
732
750
664
690
558
496
Stocks, end of month, total
short tons_.
36, 302 34,184 32, 020 30, 534 29,148 28,624 54, 536 «50, 206 47, 352
2,492
Soda
short tons
2,942
3,318
3,564
4,418
2,840
2,368
3,498
3,896
3,224
Sulphite, total
.short tons..
29, 558 27, 412 26,768 24, 694 22, 378 21,846 20,464 46,744 «43, 758 40, 210
5,166 23,116 20,038 15, 652
Bleached
short tons.
6, 312
6,544
6,140
5,156
4,748
6,074
5, 268 13, 602 14,996 14, 990
Unbleached
short tons..
6,152
6,484
7,452
6,950
7,186
5,744
3,822
Sulphate
short tons.
4,156
4,528
4,510
3,712
4,080
4,252
4,646
3,658
3,644
510
Other grades
short tons.
494
326
348
304
442
422
400
434
206
Mechanical (ground wood):
Consumption and shipments
short tons.
98, 460 81,148 91,772 89,437 92, 235 98,102 91,706 81,382 °76,037 88,555
9,064
Imports
short tons.. 18,684 14,169 11, 626 8,998 17,896 17,876 24,956 17,403
5, 594
8,210
Production..
short tons.92, 452 73, 006 77, 397 74,998 85, 573 97,646 90,780 78, 665 «73, 729 86,840
Stocks, end of month
short tons..
103,911 95,769 81, 394 66,955 60, 294 58,457 57,531 52,028 °49,820 48,105
PAPER
Total paper, incl. box board and newsprint:
Production..
short tons..
481,633 447,364 494,569 496,492 542, 247 500,379 462,470 454,618
Percent of capacity
52
53
55
60
62
56
58
52
58
Shipments
_
short tons..
499,146 505, 336 528,413 551,460 574,761 517,611 472,198 479,892
Stocks, end of month
:short tons..
430,519 408, 278 403,472 381,665 359,847 366, 685 363,962 349, 389
Book paper:
Orders, new:
Coated
percent of normal production..
Uncoated...percent of normal production..
* New series. Data prior to October 1931 not published. § Data revised for 1932. For revisions for full year 1932 see p. 49 of the June 1933 issue.
t Revised series. For earlier data see p. 19 of this issue.




1.53
170,848
20,138
116, 354
45, 258
25, 754
34,042
314
39, 622
3,304
32, 072
14, 332
8,780
3,990
256
86, 431
7,949
91, 498
53,172

1.53

18,084

49
47

» Revised.

50

SURVEY OF CURRENT BUSINESS

Monthly statistics through December 1931,
together with explanatory footnotes and references to the sources of the data, may be found
in the 1932 Annual Supplement to the Survey

1933

June

June

July

August

August 1933

1933

1933

Septem- October Novem- Decem- January Februber
ber
ber
ary

March

April I May

PAPER AND PRINTING—Continued
PAPER—Continued
Book paper—Continued
Orders, unfilled:
Coated
number of days' production..
Uncoated
number of days' production.
Production
short tons.
Percent of capacity
Shipments
short tons.
Stocks, end of month
short tons..
Box board:
Consumption, waste paper
short tons.
Orders:
New
short tons.
Unfilled, end of month
short tonsProduction..
short tons.
Operations, percent of capacity
Shipments
..short tons.
Stocks, end of month
..short tons.
Stocks of waste paper, end of month:
At mills
short tons.
In transit and unshipped purchases
short tons.
Newsprint:
Canada:
Exports
short tons.
Production
short tons.
Shipments from mills
short tons.
Stocks, at mills, end of month.short tons.
United States:
Consumption by publishers...short tons.
Imports
short tons.
Price, rolls, contract, destination, N.Y.
basis
_
dolls, per short ton.
Production, total...
short tons.
Shipments from mills
short tons.
Stocks, end of month:
At mills
short tons.
At publishers
..short tons.
In transit to publishers
short tons.
Writing (fine) paper:
Production
..short tons.
Percent of capacity
Shipments
_.short tons.
Stocks, end of month..
short tons.
Wrapping paper:
Production
short tons.
Percent of capacity..
Shipments
short tons.
Stocks, end of month
..short tons.
All other grades:
Production
short tons.
Shipments.
short tons.
Stocks, end of month
short tons.

3
3
6
5
84, 756 83,400
46
51
116, 585 118,100
78,063 76,814

86,301
59
109,919
83,414

4
4
73,701
52
114,975
79,494

164,808

170, 656 163,909

166,129
29,802
171,093
51.0
167,728
84,501

161,777
23,192
164,352
50.5
169,776
79,922

10

153, 663 160,118
26,145

29, 775

60
123,060
72,436

196,910 228,116

197,306

155, 729 158,458

163,128 152,807
33, 575 33,490
179,094 157,357
58.1
45.7
178,189 152,874
72,491 76,173

157, 245
36,030
154,497
48.2
154, 280
76,473

174, 756 160, 794 172, 693 160,600

173,415

24,370

26,481

182, 701 205,783 199,119
35,864 53,331 48,536
173,805 180, 421 201,777
51.5
61.4
61.6
171,486 188,103 203,932
81,805 74, 237 72,083
151,343

4
3
3
4
3
4
5
5
4
4
87,119 86,858 83,905 85, 583 93,628 82, 299
59
66
49
58
59
64
116, 784 115, 616 121, 628 119,074 115,859 117,597
77,289 78, 294 70,778 74,671 77, 210 75,820

30,448

23,897

31,325

152,152 155,896 131, 780 152, 761 119, 277 148,935 153,569
171,419 161, 055 142, 491 157,919 150, 691 157, 506 161,334
171, 678 164,815 145,431 154,881 142, 633 157, 568 164,327
43,068 149,957 47,017 50,029 48,062 48,411 45,461

136,993 127, 779 107, 446 138,005 113,139
138, 682 140, 539 124, 788 137,078 148,377
140,770 133,056 120,094 140, 694 161,040
42,337 49,837 54,515 50,872 37,232

1
170,047
;

130,879 138,204 131,823
142, 700 145,992 138,856

132, 761 127,446
135,430 130,917

116, 307 123,402 132,032
94,908 114,500 139,213

160, 773
157, 314

123,873
147,669

127,425
133,830

144,993
148,291

145,889
155,499

40.00
45.00
45.00
45.00
45.00
45.00
53.00
51.25
53.00
53.00
84,384 33 85, 016 74,502 79, 529 70, 621 76, 731 81, 662 80,075 74,356 67,665
87, 359 85, 681 76,857 77,340 73,234 76,922 83,922 79,002 72,637 66,884
21,964 3 36, 512 33,369 35,982 33,095 32,790 30, 581 21, 783 23, 502 23,363
135,342 186, 672 182, 725 188,436 181,613 165, 459 171, 798 172, 272 166,954 157,489
24,051 25, 361 28,561 23,195 26,191 29, 586 28, 758 24,171 24, 601 27,347
21,970
43
22,937
54,934

21,818
45
23, 542
51,814

23,803
45
24,160
51,446

25,790
53
26, 512
50, 719

49, 782
56
50,927
71, 533

52,000
61
53,300
70, 228

60, 479
66
59,874
70,825

60,182
71
65, 719
64, 561

27,123
54
27,421
49,940
68,333
77
74,961
57,963

67,088 60,991
63, 380 66,886
100,635 ! 93,451

72,197
78,968
85,351

76,078
79, 792
80,818

79,295
68,465
74,635

24, 546
49
24, 325
50,156

21,233
42
21, 318
50,063

59,149
67
58, 203
58,903

50,005
57
48,905
59, 554

25, 371 25,191
53
49
468
26, 563 25,
50,099 48,984
52,054 ° 48,881
62
63
51,950 ° 49, 028
57,240 » 57,596

56,188
77, 265

66,942
54, 483
78,095

64,435 « 62,851
52,834 « 50,062
71,297 » 72,135

45.00
76, 521
77,933

40.00
74, 534
76,085

23,005 21,171
149, 971 139, 637
23, 691 27, 066
29, 744
59
29,655
48,965

24,150
49
25,406
47, 548

57, 525
65
58, 791
56, 307
69,329
54,891
74,912

58, 212
72
60,133
54, 405

168, 719

164, 991
43,428

40.00
" 81,181
78,861

a

23, 560
137,451
24, 290

68, 511
57,197
73, 394

PAPER PRODUCTS
Abrasive paper and cloth, shipments:
60,549 37, 735 33,312 34,835 39,897 42,297 35,424 28,125 37,648 35,878 32, 412 40,468
Domestic
reams.
6,829
4,412
6,832
6,522
5,574
5,331
6,532
7,079
5,867
6,017
Foreign
reams5,478
Paper board shipping boxes:
58
65
60
56
58
65
79
64
56
71
Operating time, total
percent of normal61
71
93
62
65
69
62
83
65
59
76
Corrugated
.percent of normal47
47
72
39
52
43
44
65
60
48
48
57
Solid
fiber
percent of normalProduction, total
thous. of sq. ft. 790,446 431,167 399,160 436,358 447,032 508,182 409,736 361,871 376,200 398,014 380,452 460,970
Corrugated.thous. of sq. ft- 663,257 344,513 336, 530 371,427 405,922 436,406 345, 756 306,447 314,084 329,133 306, 667 385,117
Solid
fiber
thous. of sq. ft. 127,1S9 86,654 62,630 64,931 71,110 71, 776 63,980 55,424 62,116 68,881 73,785 75,853
112
124
106
81
102
112
120
125
76
95
115
108
Rope paper sacks shipments*
1930-31 = 100.

53,187
7,675
80
86
60
590,432
488,528
101,904
95

PRINTING
Blank forms, new orders
thous. of sets.
Book publication, total...number of editions.
New books
.number of editions.
New editions. -.
number of editions.
Operations (productive capacity).-.1923=100.
Sales books:
Orders, new..
thous. of books.
Shipments
thous. of books.

82.156
511
416
95

36, 388
525
450
75
70

37,259
733
641
92
63

41,061
609
504
105
63

41, 252
806
655
151
66

40,396
1,090
912
178
66

38,364
700
595
105
67

50,350
875
707

12,934
11,162

8,914
8,995

8,395
8,271

7,879
9,128

8,575
8,704

10,190
9,082

8,476
8,874

7,645
9,068

45,053
679
576
103
70

53, 337
766
621
145
62

46, 508
805
637
168
62

59, 226
530
477
53
67

9,735 I 7,907
7,920 | 7,653

7,399
8,048

9,902
8,570

10,380
9,572

15,701
8,179
28,475

22,817
13, 555
21,034

38, 785
22,337
26, 736

46,602
457
390
67
66

RUBBER AND RUBBER PRODUCTS
CRUDE AND SCRAP RUBBER
Crude:
35,987
Consumption, total.
long tons_.
26,010
20,582
20,692
21, 626
For tires
long tons..
14, 715
10,399
12,646
41,117
Imports, total, including latex§._.long tons.. 23,504
32, 524
29, 280
33,989
Price, wholesale, smoked sheets, N.Y.
.061
.027
dolls, per lb_.
.028
.039
.036
Shipments, world.
_
long tons.. 54,000
56, 620
59, 530
56,327
59, 683
Stocks, world, end of monthf
long tons.. 632,565 593,601 579.195 595,782 599, 761
Afloat, total
-long tons.. 106,510
74,089
68, 558
74,808
78, 775
For United States
long tons.. 79,510
53,849
47,368
53, 558
57,735
London and Liverpool..
longtocs-- 102,451 109, 597 106,172 104,408 103,195
68,855
British Malaya
long tons.. 82,331
62, 887
66.134
64, 321
United Statesf
long tons. 341,213 341, 060 341, 578 350,432 353, 470
Reclaimed rubber:
7,159
5,554
4,054
3,461
4,136
Consumption..
-long tons.
9,956
5,626
5,146
Production
long tons.
3,101
5,043
8,733
11,978
Stocks, end of month.
long tons.
11, 596
10,387
Scrap rubber:
19,045
16,229
Consumption by reclaimers
long tons.
« Revised. t For revised data for year 1932 see p. 50 of May 1933 issue, * New series.
year 1932 see p. 50 of the June 1933 issue.




19,337
10,340
35,8C6
.034
54, 403
604,008
69,240
50, 220
100, 001
68, 836
365, 931
4,340
6,275
9,877

20,157
9,388
29, 620

15,631
7,408
32,016

19,928
10,376
30, 663

18,825
9,587
22,969

.034
.033
.033
57,976 56, 700 59, 000
611,301 621, 078 614,851
74, 505 71,147 60, 674
54, 505 51,147 40,674
96,324 91,121 89, 267
71, 441 77,024 74, 590
370, 577 379, 000 385,354

.029
54,500
618, 299
65,123
41,123
92,153
71,677
386,686

4,135
6,215
9,973

3,135
5,345
10, 794

19,512
Earlier data not published.

3,560
4,983
10, 733

3,229
4,303
10,936

.030
.036
.049
56,900 55,000
57,000
622,142 617,490 '•
620,
586
60,914 65, 431 a 81,177
36,914 38,431 a 54,177
94,658 95,151
98,609
67, 583 66,911 « 70,489
395,987 389,997 370,311
2,556
3,617
10,227

3,261
4,340
9,484

5,750
7,864
9,065

14,132

§ Data revised for 1932, for revisions for full

51

SURVEY OF CURRENT BUSINESS

August 1933
Monthly statistics through December 1931,
together with explanatory footnotes and references to the sources of the data, may be found
in the 1932 Annual Supplement to the Survey

1932

1933

June

June

July

August

1933

Septem- October Novem- Decem- January Februber
ber
ber
ary

March

April

May

RUBBER AND RUBBER PRODUCTS—Continued
TIRES AND TUBES
Pneumatic casings:
Production..
_
thousands..
Shipments, total
thousandsDomestic
__.thousandsStocks, end of month
thousandsSolid and cushion tires:
Production.
_
_
-thousandsShipments, total
thousandsDomestic
thousandsStocks, end of month
-....thousandsInner tubes:
Production
_
.thousandsShipments, total
thousands.
Domestic..thousands.
Stocks, end of m o n t h . . .
thousands.
Raw material consumed:
Fabrics
^
thous. of l b .
Crude rubber. (See Crude Rubber.)

4,515
8,293
8,212
3,700

2,893
1,923
1,845
4,962

2,471
2,124
2,065
5,327

2,031
2,466
2,411
4,877

2,055
1,439
1,385
5,501

1,843
1,369
1,306
5,964

1,586
1,455
1,405
6,115

1,806
2,077
2,011
5,789

1,871
1,834
1,764
5,902

1,630
1,674
1,616
5,832

2,499
2,923
2,874
5,419

11
22
22
23

10
7
7
25

7
25

7
24

7
7
24

6
6
5
23

7
5
5
24

6
7
7
22

7
21

7
7
6
21

7
20

21

4,223
7,394
7,336
3,943

2,350
1,728
1,674
4,780

2,199
2,002
1,966
4,902

2,081
2,478
2,440
4,602

1,749
1,327
1,292
4,971

1,604
1,263
1,221
5,330

1,423
1,379
1,348
5,400

1,675
2,028
1,989
4,957

1,779
1,682
1,646
5,085

1,506
1,522
1,486
5,095

2,282
2,441
2,410
4,951

3,760
3,571
3,530
5,105

17,480

11,707

10,116

8,417

8,345

7,827

5,993

7,899

7.263

6,364

10, 460

16, 778

4,151
4,144
4,077
5,408

MISCELLANEOUS P R O D U C T S
Rubber bands, s h i p m e n t s . . .
thous. of l b .
Rubber clothing, calendered:
Orders, net...number of coats and sundries.
Production...number of coats and sundries.
Rubber-proofed fabrics, production, total
thous. of yd..
Auto fabrics
thous. of yd..
Raincoat fabrics
thous. of yd_.
Rubber flooring, shipments._-thous. of sq. ft..
Rubber and canvas footwear:
Production, total
___thous. of pairs..
Tennis
thous. of pairs..
Waterproof.
_.thous. of pairs..
Shipments, total
thous. of pairs..
Tennis
thous. of pairs..
Waterproof
thous. of pairs..
Shipments, domestic, total..thous. of pairs..
Tennis
thous. of pairs..
Waterproof
thous. of pairs..
Stocks, total, end of month..thous. of pairs..
Tennis
thous. of pairs..
Waterproof
thous. of pairs..
Rubber heels:
Production
thous. of pairs..
Shipments, total*
thous. of pairs..
Export
..thous. of pairs..
Repair trade
thous. of pairs..
Shoe manufacturers
thous. of pairs..
Stocks, end of month
thous. of pairs..
Rubber soles:
Production
thous. of pairs..
Shipments, total*
thous. of pairs..
Export
..thous. of pairs..
Repair trade
thous. of pairs..
Shoe manufactures
thous. of pairs..
Stocks, end of month
thous. of pairs..
Mechanical rubber goods, shipments:
Total
thous. of dolls..
Belting
thous. of dolls..
Hose
..thous. of dolls..
Other
thous. of dolls..

180

160

199

210

315

170

138

189

167

162

191

247

10, 433
15, 333

9,109
26,849

13,321
28,284

31, 577
22, 770

35,417
35,306

22,353
38, 704

6,827
25, 759

11,574
24,409

7,327
16,330

8,058
20,997

8,037
14, 227

9,808
19, 392

2,243
308
744
546

2,013
224
1,003
329

2,952
268
1,489
434

4,510
301
2,719
421

4,918
404
3,065
383

3,890
332
2,461
307

1,772
234
707
252

2,052
221
799
188

2,146
243
616

2,303
134
953
307

241
1,275
218

467

3,732
2,153
1,579
3,925
3,085
840
3,857
3,025
833
13,922
4,485
9,437

4,429
2,898
1,531
4,345
3,839
506
4,285
3,786
499
17,962
5,222
12, 741

2,321
1,197
1,124
2,985
1,778
1,206
2,942
1,755
1,187

3,767
1,190
2,577
4,641
1,249
3,393
4,589
1,226
3,363
16,483
4,556
11,928

4,139
1,055
3,084
5,234
600
4,634
5,189
571
4,618
15,388
5,010
10, 378

5,007
1,385
3,623
5,375
454
4,922
5,330
422
4,908
15,038
5,955
9,083

4,782
1,603
3,179
4,813
551
4,262
4,773
168
4,254
15,016
7,016
8,000

3,725
1,913
1,812
3,156
1,814
1,342
3,136
1,801
1,335
15, 351
7,008
8,343

3,275
2,185
1,090
3,537
2,256
1,281
3,511
2,245
1,267
15,088
6,937
8,151

3,281
2,634
647
3,390
2,842
548
3,339
2,800
539
14,965
6,730
8,235

3,172
2,636
536
3,672
3,230
442
3,637
3,202
435
14, 462
6,135
8,326

3,860
2,794
1,066
4,212
3,516
696
4,149
3,470
679

17,317
4,641
12,676

3,576
1,375
2,201
3,342
1,208
2,134
3,272
1,175
2,096
17,358
4,615
12, 743

23,479
27, 717
284
7,155
20,278
18,402

11, 299
12, 304
266
3,708
8,330
27, 736

10,141
261
2,449
7,432
27,397

11,073
14, 395
187
4,260
9,948
24,449

14, 205
18, 000
297
5,520
12,183
20, 534

16,736
16, 222
233
5,012
10,977
21,029

14,162
13,188
184
3,966
9,038
21,749

12,433
13, 641
258
2,423
10,960
20,337

13,142
11,336
209
2,433
8,694
21,808

13,030
10,888
221
2,909
7,758
25, 267

11, 222
10,761
170
2,677
7,914
25, 549

10, 353
12, 383
281
4,441
7,661
23, 740

19,427
20,484
182
6,883
13,419

6,094
6,786
5
395
6,386
2,228

2,461
2,500
5
133
2,362
2,374

2,419
2,407
14
113
2,280
2,308

2,599
2,660
12
140
2,508
2,373

4,054
4,353
215
4,131
2,024

5,081
4,792
4
269
4,519
2,168

4,780
4,420
5
316
4,099
2,559

4,647
5,265
6
209
5,050
2,369

4,008
3,728
3
362
3,362
3,121

3,959
3,925
235
271
3,419
3,302

2,024
524
734
766

2,152
563
785
804

1,975
456
706
813

2,192
481
844
867

1,990
423
709
858

1,992
397
780
816

1,815
352
633
830

2,018
358
802
858

3,108
3,256
1
266
2,988
3,215
2,273
371
903

5,209
5,482
1
335
5,146
3,006

2,672
526
1,095
1,051

4,247
3,777
1
275
3,502
2,766
2,060
382
730

365

14,110
5,413

22, 688

2,847
521
1,067
1,259

STONE, CLAY, AND GLASS PRODUCTS
BRICK #
Common brick, wholesale price, red, N.Y.
dolls, per thous..
Face brick (average per plant):
Orders, unfilled, end of m c t h o u s . of brick..
Production (machine)*
thous. of brick..
Shipments
thous. of brick..
Stocks, end of monthj
thous. of brick..
Sand-lime brick:
Orders, unfilled, end of mo_._thous. of brick
Production
thous. of brick
Shipments by rail
thous. of brick
Shipments by truck
thous. of brick
Stocks, end of month
thous. of brick

9.75

9.69

9.30

9.25

9.25

9.25

9.25

10.13

9.25

9.25

9.25

9.25

518
165
263
3,387

493
173
223
3,288

477
149
258
3,196

424
180
228
3,177

200
221
3,119

351
151
134
3,091

352
98
85
3,133

292
35
79
3,061

331
24
50
3,030

324
44
94
2,975

359
66
131
2,911

350
116
169
2,860

6,625
2,215
121
2,518
3,485

5,820
3,223
194
2,057
5,282

5,923
2,537
176
2,508
4,151

2,254
2,523
455
1,808
5,898

3,650
2,187
300
1,668
4,813

8,050
901
0
1,231
4,477

5,755
798
82
884
4,792

7,325
606
110
1,233
4,622

4,812
307
80
778
4,020

3,675
511
15
861
3,501

2,775
492
50
742
3,003

1,580
588
72
606
3,877

1.436
1.353
1.357
1.388
1.388
1.424
1.436
1.388
1.388
Price, wholesale, composite
dolls, per bbl..
1.426
1.436
1.436
7,804
7,921
7,659
8,210
3,684
7,835
7,939
6,462
Production
thous. of bbl..
4,248
2,958
2,777
4,183
35.2
33.4
36.9
35.7
34.2
29.1
34.6
18.5
12.9
16.1
13.4
18.9
Percent of capacity
7.979
9,218
9,729
9,264
4,782
10,968
8,743
2,835
2,502
3,510
4,949
Shipments
thous. of bbl_.
2, 278
17, 878
24, 043 22, 512
18,788 20, 205 20, 624
19,398
17,084
Stocks, finished, end of month, -thous. of bbl.. 19, 942
21,125 | 21, 298 20, 542
6,840
7,889
6,708
5,938
8,877
7,175
Stocks, clinker, end of month___thous. of bbl..
6,092
6,422 I 6,890 « 7,146
5,995
• New series. Earlier data not published on rubber heels and soles. For machine production of brick see p . 20 of the June 1933 issue.
Revised.
t Adjusted for degrading and year-end physical inventories.
# Census Bureau has comparative summaries for 2 months only on structural clay products. Series not comparable over 13-month period.

1.436
6, 262
27.4
a
6, 709
"20,117
a
6, 769

157
207
2,823

POETLAND CEMENT




a

52

SURVEY OF CURRENT BUSINESS

Monthly statistics through December 1931,
together with explanatory footnotes and references to the sources of the data, may be found
in the 1932 Annual Supplement to the Survey

1933

1932

1933
June

August 1933

July

June

August | * g » -

Decem- January FebruOctober Novemary
ber
ber

March

April

May

STONE, CLAY, AND GLASS PRODUCTS—Continued
GLASSWARE, ETC.
Glass containers:
Production
thous of gross
Percent of capacity
Shipments
thous. of gross
Stocks, end of month
thous. of gross._
Illuminating glassware:*
Orders:
New and contract
number of turns..
Percent of full operation
Unfilled, end of month_.number of turns
Production:
Total
number of turns.
Percent of full operation .
Shipments:
Total... .
number of turns
Percent of full operation
Stocks, end of month
number of turns..
Plate glass, polished, production#
thous. of sq. ft_. 6 9,946

1,945
60.6
2,018
5,695

1,677
53.6
1,551
5,824

1,660
49.1
1,757
5,724

1,462
46.8
2,027
5,167

1,750
53.8
1,774
5,123

1,508
46.4
1,422
5,247

1,462
44.9
1,366
5,343

1,636
51.3
1,738
5,244

1,585
51.8
1,508
5,325

1,704
49.5
1,621
5,406

1,568
49.2
1,682
5,305

1,239

1,142

1,020

1,164

1,151

1,187

948

1,043

1,049

1,379

1,300

1,301

1,458

1,455

1,485

1,363

1,286

1,222

1,219

1,280

1,327

1,390

1,423

1,059

885

782

1,090

1,338

1,144

795

1,010

1,008

1,161

1,204
41.5
5,301

945
32.6
5,454

1,122
38.7
5,254

1,087
37.5
5,063

1,279
44.1
4,799

1,260
43.5
4,852

1,083
37.4
4,946

986
34.0
4.480

1,006
35.4
4,397

1,267
44.6
4,388

1,226
43.2
4,342

5,140

2,849

1,843

3,567

4,120

4,718

4,268

6 6,472

5,112

6 4,893

b

5,186

b

1,693
49.1
1,969
5,036

6

8,286

GYPSUM •
Crude (quarterly):
Imports
short tons
Production
_ short tons
Shipments (uncalcined)
short tons..
Calcined (quarterly):
Production
short tons
Calcined products (quarterly):
Shipments:
Board, plaster (and lath)..thous. of sq. ft..
Board, wall
thous. of sq. ft..
Cement, Keenes
.short tons...
Plasters, neat, wood fiber, sanded,
gaging, finish, etc.
.short tons..
For pottery, terra cotta, plate glass,
mixing plants, etc
short tons..
Tile, partition
thous. of sq. ft..

103,844
374,403
153,793

173,366
423,139
159,160

80,366
252,891
96,374

0
197, 730
61,106

298,767

262,812

199,083

168,931

22,951
41,663
2,634

18,882
42,442
2,073

155, 603

121,490

18, 219
1,393

17, 249
1,406

31,435T:
52,44l[
3,597i*

35,147
71,565
4,029

202,332

230,645
20,404
2,266

19,130 1
1,842

.

TERRA COTTA]
Orders, new:
Quantity
Value

short tons
thous. of dolls..

565
47

2,504
194

781
63

1,377
118

672
62

790
88

1,365
96

1,188
92

1,306
79

292
26

2,333
198

1,105
67

1,297
72

6 7,547

TEXTILE PRODUCTS
CLOTHING
Hosiery: •
Orders:
New...
.thous. of dozen pairs..
Unfilled, end of month
thous. of dozen pairs..
Production
thous. of dozen pairs..
Shipments, net
.thous. of dozen pairs..,
Stocks, end of month..thous. of dozen pairs..
Men's and boys' garments cut:
Overcoats
thous. of garments..
Separate trousers
.thous. of garments..
Suits
_
thous. of garments..
Rubber clothing. (See Rubber products.)

4,264

3,174

5,595

6,582

5,145

4,185

6 3,666

6 3,860

6 5,006

> 5,406

2,082
3,914
4,027
8,903

2,196
3,009
2,988
9,243

3,360
4,117
4,311
8,818

4,043
5,346
5,760
8,492

4,413
6,003
6,006
8,154

3,617
5,680
5,645
8,070

2,877
4,695
4,783
8,251

6 3,006
6 4,197
6 3,516
6 9,010

66 2,826
4,063
6 4,047
6 9,010

6 3,109
6 4,408
6 4,731
6 8,776

3,892
4,263
4,603
8,469

50
1,795

139
1,256
974

285
1,664
1,480

482
2,025
1,734

1,947
1,565

554
1,495
964

172
1,164
1,077

6 178
61,390
61,450

6 267
61,436
61,850

6 216
6 1,676
6 1, 745

6 122
1,844
1,593

442

494

471

621

436

592

6 5,865
5, 559
6 5,358
6 8, 740

b

6 131
6 2,106
6 1, 599

COTTON
502
504
440
471
323
279
403
492
Consumption f
thous. of bales._
Exports:
Quantity, exclusive of linters
1,012
1,008
452
1,040
794
360
734
thous. of bales..
615
449
Value. (See Foreign Trade.)
Ginnings (total crop to end of month)
9,246 11,631 12,086 12,418
71
865
4,835
thous. of bales..
11
21
4
Imports.._
.thous. of bales..
19
14
7
7
Prices:
.054
.056
.064
.059
.072
To producer
dolls, per lb__
.051
.065
.087
.046
.062
.059
.062
.066
Wholesale, middling, N.Y
dolls, per lb__
.074
.077
.058
.096
.053
/13,002
Production, crop estimate
thous. of bales
1,571
1,065
2,748
Receipts into sight
thous. of bales..
107
516
2,928
768
"221
Stocks, end of month: t
Domestic, total mills and warehouses
9, 056 11, 094 12,134 11,880 11, 516
thous. of bales..
8,472
7,918
7,638
7,720
1,457
1,530
1,495
1,267
1,087
Mills
.thous. of bales..
1,218
1,090
1,401
1,321
7,969
9,827 10,677 10, 350 10, 021
6,700
6,548
Warehouses
thous. of bales..
6,319
7,151
8,251
9,479 10, 518 10, 552 10, 549
7,793
7,602
8,341
World visible supply, total
thous. of bales..
8,205
8,878
8,759
6, 534
5,894
5,751
6,429
7,783
American cotton
.thous. of bales..
6,215
# Partly estimated for months of 1933.
/ Final estimate.
* New series. For earlier data on gypsum see p. 20 of the January 1933 issue. For hosiery see p. 19 of the April 1933 issue. Earlier
f For revisions for the year ended July 1932 see p. 20 of the February 1933 issue.
6 Partly estimated.




557
12,710
13

9

.061
.070

.082

591

561

705

10,822
1,442
9,380
10,182
8,403

10, 250
1,343
8,907
9,796
7,977

9,520
1,368
8,152
9,560
7,613

8,716
1,395
7,321
9,014
7,042

data on glassware not published.

53

SURVEY OF CURRENT BUSINESS

August 1933

Monthly statistics through December 1931,
together with explanatory footnotes and references to the sources of the data, may be found
in the 1932 Annual Supplement to the Survey

1933
June

1932
June

July

1933

Decem- January FebruAugust SeptemOctober November
ber
ber
ary

March

April

May

TEXTILE PRODUCTS—Continued
COTTON MANUFACTURES
Cotton yarn:
Carded sales yarn:
Orders, unfilled, end of mo.—thous. of lb..
Production (weekly average)-thous. of lb_.
Stocks, end of month
thous. of lb-.
Prices, wholesale:
22/ls, cones, Boston
dolls, perlb..
40/ls, southern, spinning
dolls, per lb-.
Cotton goods:
Abrasive cloth. (See Paper Products.)
Cotton cloth:
Exports§
thous. of sq. yd..
Imports
thous. of sq. yd..
Fiber consumption for tires. (See Rubber and
Rubber Products.)
Prices, wholesale:
Print cloth, 64 x 60
dolls, per y d Sheeting, brown, 4 x 4 (Trion mill)
dolls, per yd..
Cotton cloth finishing:
Printed only (mills and outside):
Production
thous. of yd..
Stocks, end of month
thous. of yd..
White, dyed and printed (outside mills):
Billings (finished goods)
thous. of yd..
Operations
percent of capacity..
Orders, new, gray yardage—thous. of yd..
Orders, unfilled, end of mo
day's prodShipments (finished goods)
cases..
Stocks, end of month (finished goods)
cases..
Spindle activity:!
Active spindles
thousands..
Active spindle hours, total..mills, of hours..
Average per spindle in place.hours..
Operations. _
percent of capacity..

39,974
3,469
7,717

25,281
1,556
12,473

26,475
1,400
11,738

33,551
1,798
11,188

35,108
2,534
10,315

30,592
2,885
9,533

28,474
2,531
10,046

28,901
2,131
11,099

27,321
2,225
11,612

26,459
2,095
12,072

29,326
1,720
11,892

.251
.345

.155
.263

.157
.255

.183
.264

.208

.196
.281

.187
.271

.174
.270

.168
.270

.163
.270

.175
.276

.179
.278

.216
.306

30,178
3,823

29,888
1,911

33,824
1,861

24,157
1,166

25,227
1,155

24,010
1,633

25,379
2,118

30,479
2,498

34,332
2,625

34,215
2,794

39,475
4,125

28,150
3,510

27,384
4,808

.031

.031

.064

33,455
2,116
10,481

38,362
3,047
9,927

.041

.037

.033

.033

.032

.031

.032

.037

.048

.037

.040

.047

.046

.041

.038

.038

.037

.037

.039

.050

100,479
75,395

40,993
71,364

37,404
71,624

64,480
62,547

87,988
59,040

87,956
66,633

69,515
74,850

79,175
81,933

88,300
80,097

93,773
82,272

95,746
80,446

74,463
80,765

88,278
81,740

80,782
84
140,632
88
51,004

36,855
33
28,090
1.0
21,295

25,532
32
27,396
1.1
16,073

38,092
42
48,994
2.2
21,802

52,247
57
58,788
2.2
26,496

55,594
62
51,406
1.9
28,081

47,956
49
45,570
1.1
24,748

37,674
41
55,786
1.6
19,864

38,282
55
52,258
2.1
25,698

47,503
67
55,891
2.7
28,156

51,148
60
61,681
2.1
30,339

43,006
60
58,847
3.0
28,700

55,018
68
72,565
3.0
34,684

30,580

14,659

13,347

13,285

14,896

17.086

18,684

14,590

13,407

14,919

15,768

16,104

15,418

25,541
9,299
301
129.1

20,647
4,250
134
57.6

19,758
3,656
115
51.5

22,022
5,539
175
72.4

6,866
218
94.6

24 588
7^046
224
97.0

24,350
6,967
221
96.9

23,775
6,386
203
87.2

23,767
6,788
217
95.1

23,659
6,286
202
95.0

23,429
7,048
227
93.9

23,417
6,569
212
95.7

24,571
8,310
268
112.3

RAYON AND SILK
Rayon:
366
Imports
thous. of lb-.
45
400
502
51
285
517
425
285
221
351
Price, wholesale, 150 denier, "A" grade,
.60
.60
N.Y
dolls, per lb_.
.55
.55
.55
.60
.60
.60
Stocks, imported, end of month.thous. of lb_.
257
321
286
347
240
228
226
225
241
241
Silk:
38,934
Deliveries (consumption)
bales.. 53,627
37,466
38,382
59,905
59, 694
53,703
43,955
40,548
46,204
32,665
7,732
4,254
Imports, raw
thous. of lb—
7,134
8,564
4,756
4,931
7,331
8,301
8,066
4,988
3,402
Operations, machinery activity:
74.8
56.6
Broad looms
percent of capacity..
47.1
67.6
83.2
39.5
83.7
84.5
76.2
89.7
80.6
53.0
36.3
Narrow looms
percent of capacity „
38.3
35.8
45.9
43.6
46.8
45.3
34.2
37.2
36.8
62.8
38.2
50.2
Spinning spindles
percent of capacity28.6
41.0
62.0
61.9
52.2
55.5
56.8
48.9
Prices, wholesale:
1.182
1.194
Raw, Japanese, 13-15, N. Y__dolls, per lb_. 2.155
1.647
1.562
1.231
1.805
1.673
1.550
1.305
1.201
.92
.92
.89
Silk goods, composite
dolls, per y d . .
.90
.92
.92
.91
.90
.90
.89
Stocks, end of month:
World, visible supply
bales..
224,552 240,954 246,148 249,258 246,450 258,280 282,616 256,142 239,864 237,236
United States:
20,243
At manufacturers
bales.. 22,190 25, 521 20,011 24,951 22, 250 22,826 24,336 22,443 23,406 22,074
43,814
At warehouses
bales.. 33,933 53,048 50,721 52, 228 49,393 54,465 57,932 62,837 69,747 60,459

8

52

«.5O
253

.55
249

41,910
5,660

47,151
6,404

59.2
42.2
49.8

75.4
46.0
52.3

1.324
.92

1.586
.95

234, 523

224,425

21,151
43,038

20,243
40,125

28, 701
6.140

46,898
3,179

WOOL
Consumption, grease equivalent--thous. of lb—
Imports, unmanufactured §
thous. of lb—
Operations, machinery activity:
Combs
percent of capacity..
Looms:
Carpet and rug
percent of capacity..
Narrow
percent of capacity..
Wide
percent of capacity..
Spinning spindles:
Woolen
percent of capacity,.
Worsted...
percent of capacity..
Prices, wholesale:
Raw, territory, fine, scoured__.dolls, per lb—
Raw, Ohio and Penn. fleeces...dolls, per l b . .
Suiting, unfinished worsted, 13 oz. (at mill)
dolls, per yd—
Women's dress goods, French serge, 54" (at
factory)
dolls, per yd—
Worsted yarn, 2/32s, cross-bred stock, Boston
dolls, per lb—
Receipts at Boston, total
thous. of lb_.
Domestic
thous. of lb._
Foreign
thous. of lb—

58,688
10,898

26, 719

41,361

2,697

134

46,055
1,554

42,423
4,468

38,963
5,408

36,532
4,977

35, 510
5,134

33, 278
4,864

24,943
4,451

106

100

82

92

84

87

55

62

107

24
36
65

29
43

28
42
59

23
33
58

23
36
59

23
36
68

22
28
43

25
29
42

31
46

60
58

55
57

59
56

60
57

42
32

53
35

77
72

44
53
87

18
16
31

100
92

30
34

50

57

70
74

.70
.32

.38
.14

.36
.14

.39
.16

.48
.23

.47
.22

.45
.21

.44
.20

.44
.20

.43
.19

.44
.19

.49
.20

.63
.29

1.550

1.125

1.125

1.135

1.175

1.175

1.175

1.175

1.175

1.175

1.175

1.163

1.395

.925

.800

.750

.750

.750

.750

.750

.750

.750

.750

.750

.750

.780

1.09
54, 510
52,995
1,515

.75
28,665
28,134
531

.75
52,339
50,934
1,405

.76
42,909
42,764
145

.85
28,281
28,209
72

17,556
16,960

.85
11,858
11,136
722

.83
5,927
5,063
864

.80
8,978
7,991
987

.80
9,281
8,384
897

.80
4,657
4,032
625

.S3
6, 835
6,544
291

17,630
17,415
215

34, 251
17,820

34,234
25,937

17,883
23,886

29,931
24,457

23,114
22,403
25,737 | 23,323

31,340
21,895

29,064
21,344

28,865
22,937

22,413
17, 521

34,842
25,118

27, 284
12,307

30,192
20,079

MISCELLANEOUS PRODUCTS
Burlaps and fibers, imports:
Burlaps
Fibers

thous. of lb—
long tons—

t For revisions for the year ended July 1932, see p. 20 of the February 1933 issue.
5 Data for 1932 revised. For revisions for full year 1932 see p. 53 of the June 1933 issue.




54
Monthly statistics through December 1931,
together with explanatory footnotes and references to the sources of the data, may be found
in the 1932 Annual Supplement to the Survey

SURVEY OF CURRENT BUSINESS
1933

August 1933

1932

June

June

July

1933

Decem- January FebruAugust SeptemOctober November
ber
ber
ary

March

April

May

TEXTILE PRODUCTS—Continued
MISCELLANEOUS PRODUCTS—Con.
Buttons and shells:
Buttons:
Imports, total§
thous. of gross..
From Philippines
thous. of gross..
Fresh-water pearl:
Production..
percent of capacity
Stocks, end of month
thous. of gross
Shells, imports, total
thous. of lb
Mother of pearl
thous. of lb
Tagua nuts, imports
thous. of l b . .
Elastic webbing, shipments
thous. of dolls..
Fur, sales by dealers
thous of dolls..
Pyroxylin-coated textiles (artificial leather):
Orders, unfilled, end of month
thous. of linear yd..
Pyroxylin spread.
thous. of lb._
Shipments, billed
thous. of linear yd..

86
74

76
68

65
58

93
87

69
66

50
47

72
67

77
64

88
49

73
57

71
58

75
61

74

172
120
1,983
1,093
3,663

27.3
8,849
233
223
258
580
2,247

18.0
8,234
855
235
1,053
454
2,233

30.3
7,939
751
184
609
518
2,879

39.2
7,340
271
219
516
774
4,016

46.3
7,136
356
285
1,063
850
3,233

45.2
7,194
413
360
599
731
1,688

38.0
8,025
741
214
586
605
1,275

40.0
7,971
684
677
864
663
1,547

41.3
7,751
297
267
1,356
656
1,498

36.2
7,325
3,255
394
1,087
619
1,473

43.2
7,132
200
181
865
615
2,053

51.3
6,938
567
549
1,176
820
3,288

3,745
4,896
4,202

1,578
1,944
2,236

1,572
1,474
1,595

1,785
1,959
1,881

1,996
2,403
2,410

2,096
2,216
2,282

1,779
1,855
1,783

1,675
1,862
1,791

2,175
2,121
1,956

2,188
2,374
2,128

1,992
2,333
2,079

« 2, 699
« 3,039
• 2, 781

2,753
3,920
3,760

TRANSPORTATION EQUIPMENT
AIRPLANES
Production total
number
Commercial (licensed)
.number
Military (deliveries)
number..
For exportnumber..
AUTOMOBILES
Exports:
Canada:
Automobiles, assembled
.
.number..
Passenger cars
number __
United States:
Autos and parts, value. (See Foreign
Trade.)
Automobiles, assembled, total §..number..
Passenger cars §__
number.Trucks §
.number..
Financing:
Rptail ourchasers total
thous of dolls
New cars
__
thous. of dolls..
Used cars
thous. of dolls.
Unclassified
thous. of dolls..
Wholesale (manufacturers to dealers)
thous. of dolls
Fire-extinguishing equipment:f
Shipments:
Motor-vehicle apparatus
number
Hand types
.number..
Production:
Automobiles:
Canada, total _
.
number..
Passenger cars
number..
United States, total
.number..
Passenger cars
number.
Taxicabs
.number
Trucks
number
Automobile rims .
-thous. of rims..
Registrations, new passenger carsf...number._
Sales (General Motors Corp.):
To consumers .
_
number..
To dealers, total
.number..
U.S. dealers
number..
Shipments, accessories and parts, total t
Jan. 1925=100..
Accessories, original equipment
Jan. 1925=100 .
Accessories to wholesalers
Jan. 1925=100..
Replacement parts
Jan. 1925=100.
Service equipment
Jan. 1925=100..

143
78
48
17

110
63
36
11

89
48
38
3

101
59
18
24

118
58
29
31

111
48
21
42

98
34
20
44

125
37
49
39

87
35
27
25

92
21
30
41

119
44
45
30

106
62
27
17

122
66
35
21

2,247
1,805

768
741

1,493
1,308

1,523
1,368

1,654
1,108

2,416
2,124

1,338
1,163

1,090
833

475
289

256
169

1,601
1,558

1, 256
936

2,690
2,194

7,235
4,757
2,478

4,359
2,972
1,387

4,904
3,039
1,865

4,937
2,893
2,044

5,654
3,053
2,601

4,282
1,733
2,549

3,115
1,762
1,353

4,978
2,757
2,221

10,143
7,059
3,084

8,657
5,521
3,136

8,056
5,528
2.528

8,318
5,662
2,656

7,538
5,093
2,445

63,169
38,329
23,395
1,445

44, 717
24,149
19,225
1,342

45,069
24,645
18,909
1,516

38,837
21, 551
15,989
1,297

33, 624
17, 644
15,036
943

27, 727
13,981
12,834
913

27.025
14,091
12,174
760

• 31, 304 « 29,212
• 18,340 ° 16,855
8
12,185 «11,736
621
779

33, 570 « 45, 354
• 19,477 « 28, 234
a
13, 346 «16,115
748 » 1, 005

58, 201
37,476
19,435
1,289

43,682

26,016

22,104

18,677

13,132

11, 774

20,131

° 30,134

« 27, 515 • 27, 706

« 40, 841

55, 006

25
22, 642

40
13,817

34
13,331

23
13, 708

26
14,453

17
12,089

14
11,695

21
10,047

14
10, 749

24
11,841

28
12, 870

31
12, 415

18
16, 401

7,323
6,005
253, 322
211, 448
35
41, 839
1,015
170, 000

7,112
6,308
183,106
160,103
235
22, 768
°532
148, 752

7,472
6,773
109,143
94, 678
27
14, 438
339
104,188

4,067
3,166
90, 325
75, 898
9
14, 418
222
93,457

2,342
1,741
84,150
64, 735
13
19, 402
198
81,893

2,923
2,361
48, 702
35,102
5
13, 595
237
63,195

2,204
1,609
59, 557
47, 293
239
12,025
455
44, 358

2,139
1,561
107, 353
85,858
291
21, 204
559
45, 683

3,358
2,921
130,044
108, 321
5
21, 718
727
79, 821

3,298
3,025
106, 825
91,340
152
15,333
580
69, 464

6,632
5,927
117,949
99, 225
660
18,064
347
78, 711

8,255
6,957
180, 667
152,939
411
27, 317
898
119, 909

101, 827
113,701
99, 956

56, 987
52, 561
46,148

32,849
36,872
31,096

37, 230
30, 419
24,151

34,694
30,117
23,545

26,941
10, 924
5,810

12,780
5,781
2,405

19, 992
53, 942
44,101

50,653
82,117
72,274

42,280
59, 614
50, 212

47,436
58,018
45,098

71, 599
86, 967
74, 242

85,969
98, 205
85, 980

56

45

35

35

39

45

51

51

50

41

45
57
118
50

37
49
90
37

24
47
94
40

22
56
99
43

26
85
91
36

36
73
86
31

48
54
76
28

46
46
84
36

45
40
84
34

33
42
87
32

200, 250
2,123
266, 594
12.7

198,997
2,106
269,378
12.9

198,652
2,101
274,368
13.2

198,158
2,095
286, 987
13.8

197, 664
2,088
303, 758
14.7

2,432
52,401
10,014
19.4
31
120

2,428
52, 237
10, 290
20.0
57
221

2,423
52,081
10, 545
20.6
41
197

2,422
52, 020
10, 743
21.2
44
105

2,410
« 51, 654
11,103
21.9
43
410

50
1,561
0
1,561
0
0

8
1, 205
0
1,205
• 3
3

RAILWAY EQUIPMENT
Equipment condition:
Freight cars owned:
Capacity
mills, of lb._ 196,734 203, 376 202,807 202,196 201, 594 201, 326 201,055 200, 547
2,127
2,134
2,157
2,141
2,138
2,077
2,149
2,163
Number total
thousands
Bad order, total.
number.. 316.107 234, 315 245, 749 253, 608 262,153 268,170 265. 239 266, 066
12.6
15.4
12.4
12.6
11.9
12.7
11.5
11.0
Percent of total in bad order
Locomotives, railway:
Owned:
2,435
2,444
2,459
2,439
2,401
2,458
2,448
2,467
Tractive power
mills, of lb
52, 490
52, 936
52, 791
52, 650
Number, total
number. . 51, 388 53, 572 53, 264 53,192
9,558
9,316
8,396
8,875
9,190
8,233
8,291
11.
203
Awaiting classified repairs...number._
18.5
22.2
16.0
16.2
17.8
18.0
17.1
15.8
Percent of total
32
36
89
62
31
47
54
29
Installed... .
number..
196
173
133
193
355
338
287
178
Retired
_
..number.Passenger cars:
48,988
49,310
49,957
On railroads (end of quarter)
number..
Equipment manufacturing:
Freight cars:
50
500
2
25
16
1,285
0
50
Orders, new, placed by railroads
cars..
2,431
2,398
1,205
1,572
1,404
1,275
2,465
1,851
Orders, unfilled, total
cars..
50
0
0
0
0
0
0
0
Equipment manufacturers
cars.
2,381
2,398
1,572
1,404
1,275
2,465
1,205
1,851
Railroad shops
_
cars..
12
15
1
44
0
2
3
3
Shipments, total
cars
14
12
19
1
2
3
0
3
Domestic
cars..
a
° Revised.
itevisea.
§ Data revised for 1932. For revisions for full year 1932 see p. 54 of the June 1933 issue.
:tinguishers and
registrations. Earlier data
t Revised series. See p. 19 of this issue for earlier data on fire extinguishers
and passenger-car
passenger-




a

9,396
8,024
<* 218, 303
• 184, 644
54
a
33, 605
938
« 160, 242

48, 599
3
2,223
1
2,222
3
3

0
1,974
0
1,974
15
15

6
1,873
0
1,873
9
9

on accessories and parts not published.

SURVEY OF CURRENT BUSINESS

August 1933
Monthly statistics through December 1931,
together with explanatory footnotes and references to the sources of the data, may be found
in the 1932 Annual Supplement to the Survey

1932

1933

June

55

June

July

1933

Decem- January FebruAugust SeptemOctober Novemary
ber
ber
ber

March j April

May

TRANSPORTATION EQUIPMENT—Continued
RAILWAY EQUIPMENT—Continued
Equipment manufacturing—Continued
Locomotives, industrial electric (quarterly):
Shipments, total
number..
Mining use
number..
Locomotives, railway:
Orders, new, placed by railroads.number_.
Orders, unfilled, end of m o n t h Equipment manufacturers
{Census)
total
number..
Domestic, total
number..
Electric
number..
Steam
number..
Railroad shops (A.R.A.)
number..
Shipments:
Domestic, total._
number..
Electric
number..
Steam
number..
Exports, total§...
number..
Electric§
number..
Steam
number..
Passenger cars:
Orders, new, placed by railroads-number..
Orders, unfilled (end of quarter).number..
Shipments, total
number..
Domestic
number..

26

129
123
122
1

120
114
113
1
6

111

<*70
67
66
1
1

105

104
1
5

1
1
0
5
5
0

ELECTRIC TRUCKS AND TRACTORS
Shipments, industrial, total
Domestic
Exports

22
22
0

number..
number..
number..

SHIPBUILDING
United States:
Merchant vessels under construction
thous. of gross tons.Completed during month..total gross tons.J
Steel
total gross tons..
World (quarterly):
Launched:
Number
ships..
Tonnage
thous. of gross tons_.
Under construction:
Number
ships..
Tonnage
thous. of gross tons..

2,794
35

180
10,782
7,928

161
28,338
27,150

147
2,697
240

94
10, 273
9,601

87
22, 795
19,834

18
39,179
36, 733

18
7,698
5,888

193

53
188

58
213

224
1,110

192
901

203
766

!

81.4
76.9
28.1
130.5
82.1
74.5
92.3
93.7
70.3
59.3
69.7
117.4
221.4
250.8
89.4

78.3
74.2
39.4
129.0
76.9
55.9
83.4
89.6
60.5
62.9
63.2
115.9
135.9
147.9
82.1

78.1
73.6
37.1
137.1
75.5
59.6
84.8
90.4
64.3
63.0
63.8
115.3
196.6
222.6
79.9

77.1
71.9
31.5
128.0
74.3
60.5
89.5
91.3
68. 1
64.6
64.7
114.3
189.0
213.9
77.1

75.3
70.4
30.7
127.8
70.6
64.7
99.3
88.8
59.8
66.4
67.5
113.7
83.8
87.4
67.4

75.8
71.8
39.4
134.4
72.3
65.8
86.4
86.9
60.1
47.3
70.6
111.6
62.3
59.5
74.5

72.6
67.7
19.5
131.3
70.2
60.0
90.5
86.1
58.4
47.5
59.8
113.4
59.1
56.6
70.3

68.1
62.2
25.2
131.6
62.2
63.4
80.5
84.3
56. 1
56.6
52.4
111.5
56.1
52.5
71.9

81.0
66.6
89.1
92.9
86.0
96.8
116.8
116.1
85.5

80.8
66.6
88.7
93.3
85.4
95.0
119.9
115.4
85.9

81.4
66.8
86.3
90.0
82.6
94.8
117.0
113.8
85.3

81.1
66.9
86.0
84.4
83.1
96.5
119.4
113.1
86.5

80.4
65.0
86.7
84.3
84.1
98 2
109! 8
114.5
87.2

80.4
64.8
84.7
77.9
81.7
101.2
106.5

115.4
84.5

80.0
64.0
83.2
67.6
80.3
99.9
103.7
117.8
83.9

79.7
63.9
78.5
58.5
74.4
96.9
102.2
119.6
78.3

2,203

2,176

2,116

2,098

2,367

2,466

2,085

114.4
233

110.6
249

103.3
253

101.9
246

98.1
295

102.3
301

102.7
273

99.2
279

40, 963

34, 469

28, 370

25, 207

29,858

34,003

33, 483

29, 367

20, 735
50

27,972
1,350

59, 529
360

71,103
180

106, 046
125

45, 094
825

178
0

19, 987
0

5,000
15, 685
0
5.48
43.2
60.5
48.8
34.9

21,150
5,472
0
5.30
49.6
67.1
56.6
41.8

55,980
3,189
0
4.95
59.0
73.9
69.9
51.9

68,350
2,573
0
4.88
63.0
76.1
73.8
56.9

104, 275
1,646
0
4.70
54.8
74.4
63.1
49.1

35,000
9,269
0
4.90
53.4
69.6
62.5
46.6

0
178
0
4.92
51.3
67.5
58.4
45.1

19, 000
987
0
4.75
51.6
67.5
59.6
44.6

« Revised.
* New series. For earlier data see p. 18 of the February 1933 issue.
§ Data revised for 1932. For revision for full year 1932 see p. 55 of the June 1933 issue.




14
41,213
37,537
55
232
741

CANADIAN STATISTICS
Business indexes: *
82.2
Physical volume of business
1926=100.
79.8
Industrial production, total
1926 = 100-.
19.6
Construction
.1926 = 100.
149.0
Electric power..
1926 = 100.
85.7
Manufacturing
1926=100.
79.2
Forestry
1926=100..
95.0
Mining
1926=100
88.9
Distribution
1926 = 100
66.8
Carloadings
1926=100
65.3
Exports (volume)
1926 = 100
56.7
Imports (volume)
1926 = 100..
112.2
Trade employment
1926 = 100..
221.9
Agricultural marketings
1926 = 100-.
252. 5
Grain m a r k e t i n g s . - . .
1926=100.
Livestock marketings
1926=100.
Commodity prices:
77.7
Cost of living index
1926=100.
67.6
Wholesale price index
1926=100..
80.7
Employment, total (first of month) .1926=100..
67.8
Construction and maintenance..-1926=100..
80.0
Manufacturing
1926=100
91.4
Mining,.
1926 = 100
106.2
Service
1926 = 100.
109.1
Trade
1926=100.
79.0
Transportation
1926=100.
Finance:
Banking:
2,982
Bank debits
mills, of dolls..
Exchange. (See Finance.)
97.1
Interest rates
1926=100..
Commercial failures
number..
Life insurance, sales of ordinary life (15 cos.)
thous. of dolls. _
Security issues and prices:
New bond issues, total
thous. of dolls._ 122, 892
Corporation
thous. of dolls..
1,110
Dominion and provincial
thous. of dolls. . 117, 474
Municipal
thous. of dolls
4,308
0
Railways
thous. of dolls__
4.65
Bond yields
.percent-.
Common stock prices, total
1926=100 .
74.7
Banks
..1926 = 100..
72.7
103.6
Industrials
1926=100..
53.8
Utilities
1926=100..

24
9,338
8,531

22
15,944
13,741

12
2,885
1,578

18
9,474
7,246

SUKVEY OF CUERENT BUSINESS

56
Monthly statistics through December 1931,
together with explanatory footnotes and references to the sources of the data, may be found
in the 1932 Annual Supplement to the Survey

1933

1933

June

August 1933

June

1933

Decem- January FebruAugust SeptemOctober November
ber
ber
ary

July

March

April

May

CANADIAN STATISTICS—Continued
Foreign trade:
Exports
thous. of dolls.. 46,472
Imports
thous. of dolls.. 33,619
Exports, volume:
Automobiles. (See Transportation Equip.)
Newsprint. (See Paper and Paper Products.)
Wheat
thous. of bu_. 16,999
545
Wheat
flour
thous. of bbl_.
Trade with U.S. (See Foreign Trade.)
Bailway statistics:
Carloadings
thous. of cars—
176
Financial results:
Operating revenues
thous. of dolls.
Operating expenses
thous. of dolls.
Operating income
thous. of dolls.
Operating results:
Freight carried 1 mile
mills, of tons..
Passengers carried 1 mile
mills, of passengers.,
ommodity statistics:
Production:
Automobiles. (See Transportation Equip.)
Electrical energy, central stations
1,371
mills, of kw.-hr—
Pig iron
thous. of long tons
Steel ingots and castings
thous. of long tons
Livestock, inspected slaughter:
91
Cattle and calves
thous. of animals..
235
Swine
thous. of animals..
56
Sheep and lambs
thous. of a n i m a l s Newsprint. (See Paper and Paper Products.)
Silver. (See Finance.)
Wheat, visible supply. (See Foodstuffs.)
Wheat
flour
thous. of bbl.
• Revised.

41,701
40,743

43,032
35,711

41,855
36,527

42,665
34,504

57,160
37,095

46,621
37,769

43,109
28,961

32,000
24,441

26,814
23,514

37,161
32,851

20,312
20,457

46,109
32,927

15,857
571

19,620
446

18,290
330

26,874
385

40,192
529

27,302
577

27,736
492

14,707

10,922

14,816
490

4,460
234

21,465
565

216

212

193

153

134

133

157

« 138

161

22,254
5,949

28,190
20,839
6,385

24,276
19,308
4,057

21,902
19,434

17,643
18,528
d
1,813

16,788
17,881
d
2,073

20,612
19,161

19, 530

185

157

176

24,813
21,654
2,328

22,970
21,053

23,100
21,922

1,027

268

1,569

1,572

147

138

1,198
8

1,156
7

1,230
6

2,023
129

3,043
122

2,607

2,181

96

90

1,904
1,740

1,388

351

1,712

1,413

97

105

1,300
6

1,371
0

1,295
0

1,302

95

130
1,279
6

1,448
14

1,433
27

1,397
29

18,072

520

1,349
0

18

28

27

17

37

31

41

12

11

12

23

85
248
50

73
192
64

79
189
86

82
166
101

78
189
148

80
250
119

60
268
49

71
247
49

65
220
36

250
42

97
232
30

116
279
30

1,151

1,202

1,272

1,385

1,722

1,943

1,010

845

1,005

1,013

1,334

* Deficit.

CHANGES IN STATISTICAL SERIES MADE SINCE PUBLICATION OF THE 1932 ANNUAL SUPPLEMENT
DATA ADDED IN DECEMBER 1932 ISSUE
Page
Fairchild retail price index
24
World prices, foodstuffs and raw materials
24
Chain-store sales index
26
Department-store sales, Philadelphia
27
Factory employment, Baltimore, Milwaukee,
Maryland, and Massachusetts
28
Miscellaneous employment:
Civil service, United States
28
Trade union members employed, by groups
28
Factory pay rolls, Baltimore, Milwaukee, Philadelphia, Maryland, and Massachusetts
29
Hourly earnings, United States (National Industrial Conference Board)
—
29
Weekly earnings, factory, Massachusetts
30
Net gold imports, including gold released from
earmark
32
Pyroxylin rods, sheets, and tubes, production,
shipments
38
Residual fuel oil, production and stocks
43
Gas oil and distillates, production and stocks
43
Convection type radiators, new orders
46
Plumbing fixtures, wholesale price
_
46
Plumbers' brass, shipments—
..
49
Tin and terne plate, production
._
47
Tin consumption in manufacture of tin and terne
plate
48
Mechanical stokers, new orders.
48
Rubber heels and soles, total shipments
51
Illuminating glassware, new orders, production,
shipments, and stocks
52
Gypsum, imports, production, and shipments
52
Auto accessories and parts, composite index of shipments
54
Canadian statistics, electric-power production
index
_
55

DATA ADDED IN THE JUNE 1933 ISSUE
Building costs, all types (American Appraisal Co.). 25
Factory employment, Chicago
28
Nonmanufacturing employment—banks, brokerage houses, etc.; dyeing and cleaning; and laundries.
28

DATA ADDED I N THE JUNE 1 9 3 3 ISSUE—
Continued
Page
Miscellaneous employment—Federal and State
highways, construction and maintenance
28
Factory pay rolls, New York and Chicago
29
Nonmanufacturing pay rolls—banks, brokerage
houses, etc.; dyeing and cleaning; and laundries. 29
Bond prices, U.S. Government*(Standard Statistics)
33
Airplane travel, passengers carried, passenger miles
flown._.
35
Lard compound, wholesale price, tierces, Chicago. 37
Lard, refined, wholesale price, tierces, Chicago
41
Leather production (Tanner's Council)
43
Household furniture, plant operations, all districts
_
45
Rope paper sacks, shipments.
50
Face brick, machine production
51
DATA DROPPED IN DECEMBER 1932 ISSUE f
Industrial production indexes: Copper (mined),
metals, nonferrous
Stock indexes, world copper stocks
Construction volume (A.O.C.)
Factory operations, proportion full time worked,
miscellaneous group
_.
Applicants at employment agencies, Western
States
Methanol, stocks:
At crude plants
At refineries and in transit
_
Pine-oil stocks
Paints, varnish, and lacquer products, unclassified
sales, 315 establishments
Milk, condensed and evaporated, total exports,
production, and stocks
Gas and fuel oil, production and stocks (combined
series)
Hides and skins, stocks, all series.
Sole and belting leather, production, stocks, all
series
Upper leather, production, stocks, all series
Walnut lumber, orders, production, shipments,
and stocks

t Pages refer to those upon which series were last shown in the November 1932 and May 1933 issues.




22
23
25
28
28
36
36
36
38
39
42
43
43
43
44

DATA DROPPED IN DECEMBER 1933
ISSUE—Continued

Page
North Carolina pine, production and shipments.. 44
Iron and steel, boilers (round and square) and radiators, new orders
46
Enameled sanitary ware, baths, lavatories, sinks,
miscellaneous, all series
46
E nameled sheet-metal ware, shipments
46
Plumbing fixtures, wholesale price
46
Mechanical stokers, large (see new series) new
orders
48
Copper:
Production, all series
48
Shipments, domestic, refined
48
Stocks (North and South America), blister and
refined...
48
Porcelain, nail knobs, tubes, shipments
49
Galvanized sheet-metal ware, all series
49
Newsprint, production, percent of capacity
50
Binders' board, production
51
Glass containers, unfilled orders
52
Illuminating glassware, orders, production, shipments, and stocks. (See new series)
52

DATA DROPPED IN JUNE 1933 ISSUE t
Farm products—price index of dairy and poultry
products
Building costs, by types of construction (American
Appraisal Co.)
._
_
McLellan 5- and 10-cent stores (sales and stores)..
Hours of work per week in factories, nominal or
full-time week (National Industrial Conference
Board)
Unemployment, applicants, at employment
agencies
__
Gold, held under earmark for foreign account
Bond prices, domestic, U.S. Liberty (N.Y. Trust
Co.)
Rope paper sacks, shipments
Scrap rubber, stocks at reclaimers
Face brick production (brick drawn from kilns)..
Glass containers, net new orders
Cotton textiles, production, shipments, stocks, etc.
Wool machinery activity, sets of cards

23
25
26
28
29
32
33
50
50
51
51
53
53

INDEX TO MONTHLY BUSINESS STATISTICS
Page
Abrasive paper and cloth
50
Acceptances, bankers'
..
30
Accessories, automobile
54
Advertising, magazine, newspaper, radio.
25,26
Africa, United States trade with
34
Agricultural wages, loans
30
Air-conditioning equipment
47
Air mail
26
Airplanes
35,54
Alcohol, denatured, ethyl, methanol
36
Aluminum
48
Animal fats, glues, greases
.
36,37
Anthracite industry
.
22,29,42
Apparel, wearing
«.
29,52
Argentina, United States trade with; exchange;flaxseedstocks
32,34,37
Asia, United States trade with
34
Asphalt
43
Automobies
22,27,28,29,54
Babbitt metal
48
Bank suspensions...
. -31
Barley
...
39
Bathroom
fixtures...
...
46
Beef and veal
40
Bituminous coal
22,28,29,42
Boiler and boiler
fittings
46
Bonds, prices, sales, value, yields..
33
Book publication
«...
50
Boxes, paper, shipping
50
Brass
49
Brazil, coffee; exchange; United States trade
with
_
32,34,41
Brick
51
Brokers' loans.
...
30
Bronze
49
Building contracts awarded
24,25
Building costs
.
25
Building materials
24,25,44,46,47,51
Business activity index (Annalist)-...
22
Business failures
«.
31
Butter
.
39
Canadian statistics
55,56
Candy
41
Canal traffic
35
Capital issues
.
32
Carloadings.
22,34,35
Cattle and calves
40,43
Cement
_
22,27,29,51
Chain-store sales
26,27
Cheese. _
_
39
Chile, exchange; United States trade with... 32,34
Cigars and cigarettes
42
Civil-service employees
28
Clay products
23,24,27,28,29,51
Clothing
24,25,27,28,29,52
Coal
22,28,29,42
Cocoa
41
Coffee
23,41
Coke
_
42
Collections, electrical trade
26
Commercial paper
30
Communications...... .„«..._.
._.
35
Construction:
Contracts awarded, indexes...
.
24
Costs
25
Highways...
.
25
Material costs
25
Copper
48
Copper wire cloth.. .
49
Copra and coconut oil..
...
.
37
Corn
39
Cost-of-Uving index
23
Cotton, raw and manufactures
23,52
Cottonseed, cake and meal, oil
37
Crops
23,37,39,40,52
Dairy products
- 23,39
Debits, bank
30
Debt, United States Government
32
Delaware, employment, payrolls
. 28,29
Department-store sales and stocks
27
Deposits, bank
30
Disputes, labor
«,__
29
Dividend payments
33
Douglas
fir
.
44
Earnings, factory
.
.
*
29,30
Eggs
23,41
Electric power, production, sales, revenues 22,38
Electrical energy, consumption index
22, 23
Electrical equipment
. . . 48,49
Electric railways
34
Employment:
Cities and States
28
Factory, Federal Reserve Board indexes 27,28
Nonmanufacturing
28
Miscellaneous data
28
Emigration
35
Enameled ware
46
Engineering construction
25
England, exchange; United States trade with. 32,34
Exchange rates, foreign
32
Expenditures, United States Government
32
Explosives
..
36
Exports
34
Factory employment, pay rolls, operations-27,
28,29,30




Page
Factory operations, proportion of full time
worked
28
Failures, bank; commercial
31
Fairchild retail price index
.
24
Fares, street railways
34
Farm employees
28
Farm prices, index
23
Federal Government, finances
32
Federal-aid highways
25,28
Federal Reserve banks, condition of
30
Federal Reserve member bank statistics
30
Fertilizers
36
Fire-extinguishing equipment
54
Fire losses
25
Fish and fish oils
37,41
Flaxseed
37
Flooring, oak, maple, beech, and birch
44
Flour, wheat
40
Food products
22,23,27,28,29,39,40,41
Footwear
„
44,51
Foreign trade, indexes, values
34
Foundry equipment
47
France, exchange; United States trade with. 32,34
Freight cars (equipment)
27,54
Freight carloadings, cars, indexes
34,35
Freight-car surplus
.
35
Fruits
23,39
Fuel equipment
47,48
Fuels
42,43
Furniture
45,47
Gas, customers, sales, revenues
38
Gas and fuel oils
42,43
Gasoline
43
General Motors sales
54
Glass and glassware
22, 27,28,29,52
Gloves and mittens
43
Gold
32
Goods in warehouses
26
Grains
23,24,39,40
Gypsum
52
Hardwoods
44
Heels, rubber
_
_
51
Hides and skins
43
Hogs
—_ 40,41,43
Hosiery
52
Hotels
28,29,35
Housing
23,25
Illinois, employees, factory earnings
28,29,30
Imports
34
Income-tax receipts
32
Incorporations, business
26
Industrial production, indexes
22
Installment sales, New England
27
Insurance, life
31
Interest payments
33
Interest rates
30
Investments, Federal Reserve member banks.
30
Iron, ore; crude; manufactures
22,45,46
Italy, exchange; United States trade with.. 32,34
Japan, exchange; United States trade with.. 32,34
Kerosene
.
43
Labor turnover, disputes
29
Lamb and mutton
41,43
Lard.
41
Lead...
48
Leather
_ 22,23,24,25,26,27,28,29,43
Leather, artificial
54
Liberty bonds
33
Linseed oil, cake, and meal
37
Livestock
23,40,41,43
Loans, agricultural, brokers', time
30
Locomotives
54, 55
Looms, woolen, activity—.
53
Lubricating oil
43
Lumber
22, 23, 24, 27, 28, 29,44,45
Lumber yards, sales, stocks
44
Machine activity, cotton, silk, wool
53
Machinery
25,26,27,28,29,34,47,48,49
Machine tools, orders, shipments
48
Magazine advertising
25,26
Manufacturing
22
Marketing, agricultural, forest products
23
Maryland, employment, pay rolls
28, 29
Massachusetts, employment, pay rolls
28,29
Meats
40,41
Metals
22,23,27,28,29,45,46,47
Methanol
36
Mexico:
Petroleum production and exports
42
Silver production
32
United States trade with
34
Milk
39
Minerals
22,42,45,48
Money in circulation
32
Naval stores
---_
— 23,36
Netherlands, exchange
32
New Jersey, employment, pay rolls
28,29
Newsprint
50
New York, employment, pay rolls, canal
traffic
28,29,35
New York Stock Exchange
30,33
Notes in circulation
30
Oats
39
Oceania; United States trade with
34
Ohio employment
28

Page
Ohio River traffic
35
Oils and fats—
__ 36,37
Oleomargarine
33
Orders, indexes, new and unfilled
23
Paints
38
Passengers, street railways; Pullman
34,35
Passports issued
35
Paper and pulp
22,23,24,27,28,29,49,50
Pay rolls:
Factory, Federal Reserve Board
...
29
Factory, by cities and States..
29
Nonmanufacturing industries
29
Pennsylvania, employment, pay rolls
28,29
Petroleum and products
22,27,28,29,42,43
Pig iron.
__.
22,45
Pork
40,41
Postal business
26
Postal savings
31
Poultry
_
23,41
Prices:
Cost of living, indexes _.
23
Farm, indexes
__
23
Retail, indexes
.
24
Wholesale, indexes
24
World, foodstuffs and raw material
24
Printing
50
Production, industrial
22
Profits, corporation
32
Pyroxylin products
38
Public
finance
32
Public utilities
28,29,34,35,38
Pullman Co .
35
Pumps
48
Radiators
46
Radio, advertising
25
Railroads; operations; equipment; financial
statistics
34,35,54,55
Railways, street
34
Rayon
53
Real-estate market activity
25
Registrations, automobiles
54
Rents, index
23
Retail trade:
Chain stores:
5 and 10
26,27
Grocery
27
Restaurant
27
Department stores
27
Mail order
27
Roofing
_
38
Rice
_
_
39,40
Rubber, crude; scrap; clothing; footwear;
tires
22, 23,24,27,28,29,50,51
Rye
40
Sanitary ware
46
Savings deposits—.
-30
Sheep and lambs
.
41
Shoes
_
22, 24,25,26,27,28,29,44
Shipbuilding
22,27,28,29,55
Silk
23,53
Silver
22,32
Skins
43
Softwoods
44,45
Spain, exchange
32
Spindle activity, cotton
53
Steel, crude; manufactures
22,46,47
Stockholders
33
Stock indexes, domestic and world
23
Stocks, department stores
27
Stocks, issues, prices, sales, yields
33
Stone, clay, and glass products
22, 23,28,51,52
Sugar
. . 23,41
Sulphur
_
36
Sulphuric acid
36
Superphosphate
..
36
Tea
_
23,41
Telephones and telegraphs
35
Terneplate
47
Terra cotta
52
Textiles, miscellaneous products
53,54
Tile
52
Timber
44,45
Tin and tin plate
_
--- 23,48
Tires
_
._ 22,24,27,28,29,51
Tobacco
22,25,26,27,28,29,42
Tools, machine
48
Trade-unions, employment
28
Travel
_
35
Trucks and tractors, industrial electric
55
United Kingdom, exchange; United States
trade with...
_
31,34
Uruguay, exchange
32
United States Steel Corporation
_. 30,33,47
Utilities
28,29,32,34,35,38,55
Vegetable oils
_
37
Vegetables
_
. . . 23,39
Wages
29/30
Warehouses, space occupied
26
Waterway traffic
35
Wheat and
flour
23,40
Wholesale prices
24
Wisconsin, employment; pay rolls
28, 29
Wood pulp
49
Wool

Zinc

_

22,23,53

_

22,48