Full text of Survey of Current Business : August 1933
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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