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1

AUGUST 1936

SURVEY
OF

CURRENT BUSINESS

UNITED STATES
DEPART ME NT OF CO M M ERCE
BUREAU OF FOREIGhl AND DOMESTIC COMMERCE




WASHINGTON
VOLUME 16

NUMBER 8

|1! I j

I




UNITED STATES DEPARTMENT OF COMMERCE
DANIEL C. ROPER, Secretary

BUREAU OF FOREIGN AND DOMESTIC COMMERCE
ALEXANDER

V. DYE, Director

SURVEY OF
CURRENT BUSINESS
Prepared in the

DIVISION OF ECONOMIC RESEARCH
ROY G. BLAKEY, Chief
M. JOSEPH MEEHAN, Editor

AUGUST 1936

Volume 16

Number 8

CONTENTS
STATISTICAL DATA—Continued

SUMMARIES AND CHARTS
Business indicators..
Business situation summarized
Graphic comparison of principal data
Commodity prices.
Domestic trade.
Employment
Finance
Transportation

Review of the—
Automobile and rubber industries
Forest products
Iron and steel industries.
Textile industries

...

Page
2
3
4
5
6
7
S
9

10
11
12
13

STATISTICAL DATA
Revised series:
Natural gas: Customers, sales, andjrevenues, 1929-35; net profits
of corporations, 1928-35
14, 15
Weekly business statistics through July 25

83026—36

16

Monthly business statistics:
Business indexes
Commodity prices
Construction and real estate.
Domestic trade
Employment conditions and wages
Finance
Foreign trade
Transportation and communications.

Page
17
18
19
20
22
26
31
32

Statistics on individual industries:
Chemicals and allied products
Electric power and g a s . . .
Foodstuffs and tobacco
Fuels and byproducts
Leather and products
Lumber and manufactures
Metals and manufactures:
Iron and steel.
Machinery and apparatus
Nonferrous metals and products
Paper and printing
Rubber and products.
Stone, clay, and glass products.
Textile products
Transportation equipment
Canadian statistics.

,

....

Subscription price of the SURVEY OF CURRENT BUSINESS is $1,50 a year. Single-copy price: Monthly, 10 cents; weekly, 5 cents.
Foreign subscriptions, #3, including weekly supplements. Make remittances only to
Superintendent of Documents, Washington, D. C.
1




34
36
37
40
42
43

,
,.

44
46
47
48
50
51
52
53
55

SURVEY OF CURRENT BUSINESS

August 1936

Business Indicators
1923-25=100
FACTORY EMPLOYMENT AND PAYROLLS

INDUSTRIAL PRODUCTION
125

\

100

\
\

75

V

r

v/

s"\ 7
Adjusted

9

50
25
0

l I LJ J_I_L LJ 1_L 1 1 1 1 1 1 1 1 1 1 1

t \ 1 1 1 1 ! I! 1 1

CONSTRUCTION CONTRACTS AWARDED

FREIGHT CAR LOADINGS
125

\

100

100

\V

75

\
75 \

L.C.L. (Adjusted)^

\ V.

.50

v\
\\V
V

50

TOTAL (Adjusted)*

25

25

n

\

\

y

^^—S ^
•

—

«r*RES!DENT/, \L (Adjusted)*

•

0

| 1
i i i I I 1 i i I i i 1 | 1 1 1 1 M | i i I 11111 i r i

lustecQ*/
TOTAL (Aq

1 1 11 I 1 1 1 ( 1 1 i M i i 1 I i i i i f i 1 i i 1 t i t I i

WHOLESALE PRICES

DEPARTMENT STORE SALES
125

125

100

100

\

N

\

75

•

75

TOTAL
0djusted) 9

50

ALL COMMOLVT/£S
s

r

=?

PRODUCTS

50

25

s

25
i i t M 1 i M 1 I 1 1 1 1 1 1 M 1 ! 1 | 1 ) 1 1 1 1 II 1

0

i i t t i l

FEDERAL RESERVE MEMBER BANK LOANS

111 II\111 MI

1934

1935

* ADJUSTED FOR SEASONAL VARIATION




1936

I i I 1 I 1 i i I I iI I I t i I t 1 i i 1

BANK DEBITS OUTSIDE NEW YORK CITY

\

I929'3O'3! *32'33

i t i i i

\

r

V.

0 L

I9Z9'30'31^33

*'REPORT/WG MEMBER BANKS

/
11111111111

1934

V
1 1 1 1 1I
1 1 1 1 I

i iniin inr

1935

1936
D.D. 8639 J.M.

SUKVEY OF CUREENT BUSINESS

August 1936

Business Situation Summarized
has been strong.
electrical-equipment,
experience
BUSINESS activity during July did notgains in the industries experienced further Theindustries, in particumachinery, and building-supply
the normal seasonal slackening. The
lar, have
gains. Automobile pro-

past few months in manufacturing, construction, employment, freight traffic, and retail trade have generally duction has declined during July, but the active market
been maintained or extended, when proper allowance for both passenger and commercial cars has held prois made for seasonal variation. The major current duction at a high level, consideration being given to
indicators of consumer income—pay rolls and cash farm the lateness of the season.
income—recorded further gains in June, and these Among the consumer-goods industries, the principal
have been augmented by the unusual increase in dis- development has been in cotton textiles. Rapidly
bursements of Government funds as a result of the mounting sales have served to prevent the usual sumcashing of the "bonus" bonds distributed in June.
mer slackening in production in this industry. Rayon
The seasonally adjusted index of manufacturing ad- output has been maintained near capacity levels, while
vanced 3 points in June to 104 (1923-25 = 100), and a silk goods output remains low. The woolen industry
further use is indicated for the succeeding month. reported gains in both orders and production in June.
The indexes for the major industries still show considThe principal adverse factor in the present situation
erable disperson from the average; the durable-goods (aside from the continuing large volume of unemployindustries which, as a group are still relatively de- ment) is the drought, which, with the exception of the
pressed, have made substantial progress this year, and one experienced in 1934, is described by the Departthe improvement is continuing. The steel industry ment of Agriculture as the worst in our history. For
which, because of the wide range of its products, may the present, the major effects of this development are
be expected to reflect the trend of activity in durable seen in rapidly mounting prices of numerous farm
goods generally, has been unusually active this summer. products, a movement which has been accompanied by
Production of ingots in July has been maintained close rising prices of food at retail.
to the June rate, which was 12 percent below the 1929
Stock-price "averages77 during July have broken
average. While certain special and temporary influ- through the "highs77 established some months ago,
ences, discussed on page 12, may have played a part, aided by the favorable tenor of business news and the
it is apparent that demand from major steel-consuming improvement in corporate earnings.

MONTHLY BUSINESS INDEXES
Factory emFreightployment
and pay rolls car loadings

Industrial production
Unadjusted *

Retail sales
value,
adjusted

MerchanTotal dise,
I.c.l.

Adjusted >

11
If
a*

U
U

V

I

1929-31 Monthly average, 1923-25=100
100

Monthly average, 1923-25=100

Monthly
average,
January
through
June:
1934
1935
1936-.
1

Cash farm
income'

I

Year andjnonth

1929: June
1930: June
1931: June..1932: June
1933: June—
1934: June
1935:
June
July
August
September........
October
November........
December...„
1936:
January
February.„..__..
March
April
.
May
June

Foreign
trade, value,
adjusted 2

127
98
83
58
92
84

116
103
86
62
83
86

125
98
83
59
91
84

127
97
82
58
93
83

114
102
87
64
85
87

84
83
87
89
96
98
95

97
84
85
92
100
95
96

86
86
87
90
95
97
104

84
86
88
91
95
98
104

98
84
81
87
93
92
101

103
105
104

95
93
97
105
105
105

99
106
89
94
100
100

94
93
100
101
103

97
91
93
99
100
104

103
110
95
105
101

85
89
100

84
89
100

95

Adjusted for number of working days.




105.9 111.2
93.2 92.3
78.8 69.7
61. 6 43.4
67.4 47.2
81.5 64.9

108
93
77
52
62
64

105
98
89
71
69
65

80.1
80.6
81.8
81.9
83.7
84.8
85.6

66.4
65.4
69.7
72.2
75.0
74.5
76.6

63
58
60
62
64
66
71

84.8
83.8
84.2
84.9
85.8
86.3

72.7
72.7
76.3
77.9
79.3
79.5

70
70
66
69
70
70

79.7
81.0
84.5

63.1
68.3
76.4

i

127.4
101.0
84.0
64.3
65. 7
72.3

116
87
55
34
36
50

115
82
57
36
40
44

133. 8
124.8
98.4
65.4
65.7
74.8

64
64
64
65
64
64
66

99.7
97.0
92.8
104.8
104.6
103.7
_ 109.8

50
52
49
50
48
62
56

51
59
54
53
58
52

64
62
62
63
64
66

96.3
93.0
106.7
109.9
113.3
113.4

51
53
51
53
56
55

113
103
96
69
68
74

Adjusted for seasonal variation.

71.2
87.3
96.9

126
99
63
27
18

Monthly
average,
1924-29=100

Monthly
average,
1926=100

85.0
76.5
53.0
34.0
52.0
50.0

94.0
88.5
58.0
39.0
70.0
65.5

95.2
86.8
72.1
63.9
65.0
74.6

80.1
83.9
78.8
76.1
85.4
84.6
94.7

52.0
53.5
64.5
75.5
94.0
78.0
70.5

60.0
60.5
62. 5
63.5
67.0
66.5
66.0

79.8
79.4
80.5
80.7
80.5
80.6
80.9

88.7
80.0
90.6
88.7
86.2
95.7

66.0
55.0
59.5
57.5
62.0
69.0

68.0
65.5
67.0
69.5
72.5
80.0

80.6
80.6
79.6
79.7
78.6
79.2

69.5
76.8
88.3

48.6
52.7
61.5

« From marketings of farm products.

73.5
79.6
79.7

SURVEY OF CURRENT BUSINESS

August 1936

Graphic Comparison of Principal Data
FIRST 6 MONTHS

Y/////A

BANK DEBITS OUTSIDE NEW YORK CITY —
0

50

1936
1935
1934
1933
1932
1929 —

l()0

I*>0

REMAINDER OF YEAR
OF DOLLARS)

(B/LLIONS

2()0

2 50

300

HUM

CONSTRUCTION CONTRACTS AWARDED— (B/LL/OA/S

STEEL INGOT PRODUCTION —
30

to

(M/LUONS

OF DOLLARS)

Of TONS)
40

50

AUTOMOBILE PRODUCTION — (MILLIONS OF CARS)
1

0

19 36
1935
19 34
19 33
1932
1929

7

V

1

v•/•/•/•/•

=

=
:

FREIGHT CAR LOADINGS — (MILLIONS OF CARS)
0

19 36
1935 —
1 9 34
1933
1932
1929 -




10

b

30

20

40

50

'//A

D.D. 6638 JM

SURVEY OF CURRENT BUSINESS

August 1936

Commodity Prices

T

HE upward movement of wholesale prices of farm
Moody's daily index of 15 "sensitive" commodities
products which began in May, accelerated in rose from 163 (Dec. 31, 1931 = 100) on June 1 to 170
June, and continued even more sharply upward during on July 1 and 179 on July 23, an increase of nearly 10
the first 10 days of July as the drought became more percent in less than 8 weeks. The steep uptrend of this
widespread and severe. Slight price recessions accom- index was in contrast to its decline during May and its
panied showers and forecasts of rain near the middle almost horizontal course from January to April.
of July, but precipitation was inadequate and grains,
While the drought was the principal factor making
especially corn, again advanced sharply. These price for the sharp increases in prices received by farmers,
gains, plus smaller rises in the food, chemical and drug, the continuance of a relatively favorable level of busifuel and light, and miscellaneous groups, caused the ness activity and the cashing of the veterans1 bonus
combined index of the Bureau of Labor Statistics to bonds were reflected in the consumer demand for farm
rise substantially in June and even more during the and also for industrial products. The relatively small
first 3 weeks of July.
increase in cotton acreage over last year, the increase in
All of the other principal constituent groups of the world consumption, and the decline in Government and
combined index were slightly down or stationary for private stocks were accompanied by decidedly strong
June as compared with May, but rises during the first prices for cotton.
3 weeks of July carried all of these group indexes above The cost-of-living index increased 1.7 percent from
their May levels, except in the case of hides and May to June, according to the National Industrial
leather and metal and metal products.
Conference Board. The rise was due entirely to the
Daily cash prices of some of the more important in- 4.7-percent rise in food prices and the 0.6-percent addividual commodities had, by July 23, moved up from vance in rents. FaircbilcTs price index of departmentJune lows approximately as follows: Wheat, 22; corn, store articles receded 0.2 percent from June 1 to July
32; rye, 20; and barley, 21 cents per bushel; hogs, 1; 1, after having remained unchanged for the previous 3
cotton, 1%; silk, 24; copper, }{) and rubber, % centsmonths.
per pound.

INDEXES OF COMMODITY PRICES
Retail Prices

Wholesale Prices (Department of Labor)
Groups and subgroups

Economic classes

cP

Year and month

S-3

I!
Is

11
Dee.
Mo.
Mo.
Mo.
1930
average average average (Jan. 1
1923= 1909-14 1923-25 1931)^
100
= 100
*100
100

Monthly average, 1926=* 100

95.2
86.8
72.1
63.9
65.0
74.6

June
July
August—..-.
SeptemberOctober
November..
December..
January
February
March

_._

_.

April...
May

June—.

Monthly average, January
through June:
1934
._
1935
_
1

95.0
88.4
76.0
70.0
69.0
78.2

96.6
84.9
64.7
53.2
56.2
67.3

92.4
81.7
69.3
57.6
65.3
72.9

103.3
88.9
65.4
45.7
53.2
63.3

91.0
78.7
56.0
37.7
57.4
72.4

99.1 111.5
90.8 99.9
73.3 71.3
58.8 56.0
61.2 52.4
69.8 62.2

91.9
85.7
74.1
70.1
68.9
78.2

95.2
89.9
79.3
70.8
74.7
87.8

93.4
89.4
'79.4
73.1
73.7
75.6

84.5
78.9
62.9
71.6
61.5
72.8

107.9
102.4
88.0
70.8
82.4
87.1

94.6
93.4
86.4
74.7
73.4
82.0

101.2
91.9
84.4
79.9
79.3
87.7

90.1
81. 6
66.6
52.7
61.5
72.7

82.4
78.4
69.7
64.2
60.8
70.2

99.2
96.5
85.9
77.2
72.8

142
131

103.7
101.2
. 80. 5
67.6
64.9
73.5

92.0
75.1
72.3
88.2

79.8
79.4
80.5
80.7
80.5
80.6
80.9

1929: June
1930: June
1931: June
1932: J u n e — . . .
1933: June
1934: June
1935:

82.2
82.0
83.0
83.1
82.7
82.7
83.1

76.4
75.8
77.1
77.3
77.1
77.2
77.7

73.9
72.8
73.2
74.4
76.3
76.2
75/2

78.3
77.1
79.3
79.5
78.2
77.5
78.3

76.9
78.3
79.3
83.5
86.4
77.9
76.6

82.8 94.5
82.1 93.3
84.9 102.0
86.1 102. Q
85.0 97.1
85.1 94.3
85.7 97.5

78.0
78.0
77.9
77.8
78.3
78.8
78.7

85.3
85.2
85.4
85.9
86.1
85.8
85.5

80.7
78.7
78.6
80.2
81.1
81.2
80.6

74.2
74.7
74.1
73.0
73.4
74.5
74.6

88.9
89.3
89.6
90.9
93.6
95.0
95.4

80.5
80.4
80.5
80.5
80.6
81.0
81.0

86.9
86.4
86.6
86.6
86.5
86.9
86. 8

70.1
70.2
70.9
71.8
72.9
73.4
73.2

68.4
67.7
67,3
67.1
67.5
67.4
67.5

82.7
82.6
83.0
83.5
83.9
84.3
84.8

104
102
106
107
109
108
110

81.5
80.2
79.6
80.1
80.5
81.5
82.0

85.7
85.2
85.7
86.6
87.6
88.0
88.2

80 6
80.6
79.6
79.7
78.6
79.2

82.4
82.2
81.3
81.6
80.5
80.7

78.1
79.1
77.4
77.0
75.8
77.6

74.8
74.6
74.4
74.5
74.1
73.9

78.2
79.5
76.5
76.9
75.2
78.1

78.9
78.3
75.6
73.9
70.6
73.0

83.5
83.2
80.1
80.2
78.0
79.9

78.8
79.0
78.9
78.9
78.8
78.8

85.7
85.5
85.3
85.7
85.8
85.8

80.5
80.1
79.3
78.5
77.7
78,0

75.1
76 1
76.2
76.4
76.0
76.1

97.1
96-1
94.9
94.6
94.0
93.8

81.4
81.5
81.4
81.5
81.5
81.4

86.7
86.7
86.fi
86.6
86.3
86.3

71. 7
71.0
70.8
70.2
69.8
69.6

67.8
68.1
68.3
68.6
69.2
69.7

84.8
84.4
84. 1
84.3
84.6
86.0

109
109
104
105
103
107

81.7
80.6
79.5
79.7
79.9

94.9
92.1
89.7
91.0
85.1
85.1

73.5 77.2 65.6 73.6 60.6 64.1 66.9 56.4 78.5 86.9 75.4 72.3
79.6 81.8 77.0 72.4 79.1 84.5 82.7 91.2 77.5 84.9 80.7 73.1
79.7 81.5 77.5 74.4 77.4 75.1 80.8 89.7 78.9 85.6 79. Or 76.0
Revised. See p. 20 of the November 1934 issue.
» Middle of month. This is a new series.




88.6 81.5 87.4 75.3 9.1
86.9 80.7 86.1 69.8 9.3
95.1 81.5 86.5 70.5 68.6

See p. 23.

78.4
72.4
82.5
80.2
108
84.7
106
* Index is for 1st of following month.

88.3
88.1
88.1
88.1
87.9
89.0
86.3
88.1

6

SURVEY OF CURRENT BUSINESS

August 1936

Domestic Trade

R

ETAIL sales during July have not declined to the with the farmer. Sales of the leading mail-order
extent usually experienced at this season. The house, which have been reported through the middle
current month is normally the low period of the year of July, do not provide evidence of a material decline
for retail sales of general merchandise, the trade being up to that time. The Government has extended relief
affected by vacations, the in-between season, etc. The to those most seriously affected and this has tended to
improved trend of consumer purchasing this year has, mitigate the effects of the loss of crops. Furtherhowever, served to cushion the summer decline, and more, aggregate cash farm income from the sale of
the cashing of the veterans7 bonus bonds (which has farm products is still increasing, with the total for
resulted in the payment to bondholders of over a June estimated at $582,000,000, compared with
billion dollars in cash in a period of a month) has acted $526,000,000 in May 1936 and $438,000,000 in June
as an unusual stimulant, both directly and indirectly. 1935.
For the month of June sales made through depar That merchants are planning an active fall season is
evident from the large number of buyers in the New ment stores and general-merchandise sales in rural
York wholesale markets. The major adverse factor regions were maintained at the relatively high levels
with regard to fall prospects is the drought, which, reached in May. The seasonally adjusted index of
according to a Department of Agriculture report rural sales m May was higher than at any time since
issued on July 21, was "about as severe as that of 1934 December 1929, and the June figure was only slightly
was on the same date [Mid-July] and much more lower. The June index of department-store sales was
serious than any previous drought since the country the same as that for May which was the highest figure
was settled * * *." The reduced yields will be reported since August 1931. The largest regional gain
offset in some measure, insofar as total farm purchasing for department stores in comparison with June 1935
power is concerned, by the rise in prices of the agricul- was in the Dallas district, where the increase was 29
tural products affected, but a drought of such propor- percent. Following closely were Atlanta and Chicago,
The more favorable financial situation among
tions results in a real economic loss, and in an uneven
distribution of the available purchasing power derived retailers, and in other lines of business as well, has
had as a corollary a decline in the number of commercial
from current production and existing stocks.
The effects of the drought, insofar as the curtail- failures. During the first half of the year the record
ment of spending is concerned, would be expected to was the best since 1920. The average liabilities
be reflected first in sales of organizations, such as the involved in the failures this year have been somewhat
mail-order houses, which do a large business directly higher than in 1935. (See the accompanying table.)
fc

DOMESTIC TRADE STATISTICS
Wholesale
trade

Retail trade
Department stores
Sales

Stocks 3

Unad- Adjust- justed ^
ed^

Year and month

Unad- Adjust- justed «•
ed^

Monthly average, 1923-25=100
1929: June..
1930: June——1931: June
1932: June
1933: June._
1934: J u n e 1935:
June__
July
August
September. __
October
November
December
1936:
January.February
March
April....
May

-

.

....
__.

_

June
Monthly average, January
through June:
1934____
1936

.
.

108
98
92
66
64
70

113
103
96
69
68
74

95
93
80
65
56
63

76
55
61
86
86
91
145

80
80
78
81
77
81
84

61
57
60
67
72
75
61

63
66
77
85
89
Si

79
80
88
81
89
89

58
62
67
68
67
62

68
70
77
i8 Corrected to daily average basis.
Series revised. See p . 32.




Chain-store sales
Combined
index *

Rural sales
New passenGeneral mer- ger-car sales
Variety stores
chandise
Unad- Ad- Unad- Ad- Unad- Adjust- just- just- just- just- justed a
ed^
ed a
ed*
ed^

Commercial
failures}

Avg. same
mo. 192931=100

84
96

100
100
103
97
99
101
102
103

Employment

Pay
rolls

Monthly average, 1929=100

"Monthly average, 1929-31 =• 100

Failures

Liabilities

Number

Thousands
of dolls.

1,576
992

33, 517
20, 591

100.9
92.2
91.0
77.4
79.1
86.3

106.3
97.0
95.8
81.5
83.2
90.8

120.4
95.4
79.4
60.8
62.1
68.3

127.4
101.0
84.0
64.3
65.7
72.3

183.2
118. 2
80.8
56.5
65.2
84.6

141.5
90.0
61.5
42.5
49.0
63.5

99.2
96.2
86.3
75.6
73.9
82.3

86.1
82.0
79.3
87.7
93.4
95.1
178.4

90.7
92.1
89.6
91.8
92.0
93.7 :
96.7

94.2
74.7
79.8
103.7
127.6
127.6
155.9

99.7
97.0
92.8
104.8
104.6
103.7
109.8

104.9
89.1
80.2
50.1
53.3
96.6
90.6

78.5
81.0
75.0
79.0
82.0
113.5
106.5

82.1
82.1
82.7
83.7
85.7
86.4
86.8

64.6
64.6
64.8
67.2
66.8

944
902
884
787
1,056
898
910

12,918
16,523
13,266
17,002
17,185
14,384
15, 686

79.9
84.2
99.2
105. 5
106.5
108.3

96.3
93.0
106.7
109.9
113.3
113.4

65.5
117.8
142.3
138.1
139.3

102.0
89.5
101.0
93.5
93.0
109.0

85.6
85.0
85.6
85.7
84.6
84.6

66.6
66.6
69.0
67.9
68.2
68.4

1,077
856
832
733

18,104
14,089
16,271
14,157
15, 375
9,176

1,060
1,012
879

22,343
14,828
14, 529

67.7
73.5
80.3
95.7
96.8
98.1

65
81.5
91
63
81.0
64
85.4
J Adjusted for seasonal variations.

90.8
87.9
93.3
95.2
96.8
103.3

71.2
87.3
96.9
3 End of month.

98.1
82.5
63.5
53.7
62.8

64.6
81.8
62.0
90.7
83.4
64.6
85.2
112.0
67.8
* See note on p. 26 of this issue.

SURVEY OF CURRENT BUSINESS

August 1936

Employment

T

HE gradual increase in the number at work and in tural employment and is based on returns from the
industrial pay rolls, which has been noted each Agricultural Census.
month since February by the Bureau of Labor Statis- For May 1936, the latest month covered, the inditics in its monthly surveys, continued in June. The cated total employment including persons attached to
month's gain in the number employed in the reporting agriculture falls just short of 43,000,000. In noragriindustries was estimated at 58,000, while the aggregate cultural pursuits the number employed was placed at
increase in comparison with June of last year approxi- 30,950,000, compared with 26,300,000 in May 1933, and
36,000,000 in the same month of 1929.
mated 805,000.
The contraseasonal increase in factory employment
Not all of the individuals not counted as employed
in June was due to the further improvement in em- in this survey are without work. In addition to the
ployment in the durable-goods industries. Declines 43,000,000 persons in regular employment (whether of
reported were largely seasonal, except those in the a temporary or permanent character), the Department
business machine groups, which were caused by labor notes that 3,300,000 persons were engaged in emerdisputes. Of the 16 nonmanufacturing industries, 11 gency work under the Federal Works Program.
reported gains in employment in June as compared
Employment under this program has now continued
with May, and 10 reported larger pay rolls.
for a year. The number of workers other than adminisAn official estimate of the total number of persons trative employees rose from less than 500,000 in July
employed was released by the Department of Labor 1935 to a peak of not far from 3,900,000 in the first
for the first time on July 2. Whereas the Department's week of March 1936, and has since declined by more
current monthly estimates of aggregate employment than half a million. The figures include Emergency
by industries have been restricted in the main to Conservation workers, who were incorporated into the
wage earners and also have omitted entirely certain new program, as well as all workers under supervision
branches of employment, like domestic service and of the Works Progress Administration or of Federal
the professions, the present estimate covers "all per- agencies on projects financed by the Relief Appropriasons at work including clerical, professional, and tions Acts of 1935 and 1936. It should be noted also
executive personnel as well as wage earners7', and that in the second half of 1935, considerable employalso "all private and regular Government employ- ment was still being given in the form of work relief
ment, exclusive of agriculture." The figure of on projects sponsored by the F. E. R. A., though the
the number of persons attached to agriculture is number of such relief workers dwindled from, roughly,
given separately from the composite for nonagricul- 2,000,000 in July 1935 to some 60,000 in December.

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

Pay
rolls

Ad- UnadUnadjusted justed* justed

Nonmanufacturing employment and pay rolls
(Department of Labor)
Anthracite
mining
Employment

Pay
rolls

Bituminous
coal mining

Electric light
and power
and manufactured gas

Employment

Employment

Monthly average,
1923-25=100
111.2
1929: June
80.7
92.9
105.6
105.9
92.3
1930: June
94.3
93.2
90.8
92.9
69.7
1931: June
66.7
78.8
76.1
78.4
43.4
1932: June
61.6
61.2
37.4
53.0
47.2
1933: June
34.3
67.4
39.5
66.9
64.9
1934: June
53.3
.81.5
57.5
81.1
1935:
66.4
56.8
80.1
79.7
66.0
June
65.4
July
...37.5
80.6
49.4
79.7
69.7
August
—
28.3
81.8
38.7
82.0
72.2
September
38.2
81.9
46.0
83.7
75.0
October
55.9
83.7
58.8
85. 3
74.5
November.,..
28.4
84.8
46.6
85.0
76.4
December
55.4
85.6
57.3
84.6
1936:
59.1
72.7
54.4
82.9
84.8
January
72.7
February
76.7
83.1
83.8
61.2
76.3
March*
42.6
84.2
52.5
84.1
77.9
April
28.6
85.1
84.9
49.8
79.3
May___56.3
85.8
54.9
85.7
79.5
June
43.0
86.0
86.3
51.3
Monthly average,
January through
June:
62.4
65.1
79.7
1934
1935.
54.4
56.9
81.0
76.4
84.5
1936.
50.1
54.8
* Adjusted for seasonal variation.
a Beginning
a National Industrial Conference Board.




Pay
rolls

Pay
rolls

Telephone
and telegraph
Employment

Pay
rolls

Wages

TradeUnion
Factory'
Retail trade
members employed
EmAverage Average
ployweekly hourly
ment
earnings earnings
Percent
of total
members

Monthly average, 1929=100

Cents
per
hour

Dollars

90.0
75.6
52.4
27.3
29.2
55.1

100.7
104.6
97.2
83.2
77.3
84.0

100.4
107.8
98.3
80.5
69.9
77.8

101.5
99.8
86.9
79.9
69.2
70.4

100.0
103.4
95.0
82.1
66.6
71.3

99.3
96.9
90.7
76.3
73.2
82.6

99.8
97.9
86.7
62.7
52.2
61.4

28.69
26.26
23.25
16.16
18.60
20.71

.590
.589
.567
.495
.451

64.7
35.9
45.8
60.1
69.8
74.3
76.1 .65.5
69.5
79.1

83.9
84.8
86.8
86.9
87.4
87.6
86,8

79.8
81.5
82.8
84.5
84.4
83.4
86.0

70.2
70.3
70.5
70.4
70.0
69.8
69.6

74.4
75.7
75.5
73.8
74.9
74.9
75.6

82.2
79.3
78.0
81.8
83.8
84.6
92.9

62.5
60.5
59.3
62.5
63.2
63.4
69.3

21.46
21.75
22.32
22.58
23.12
23.31
23.47

.601
.601

70.6
78.4
70.2
62.1
62,2
61.6

86.1
86.1
86.8
88.2
88.9
90.3

84.8
84.7
85.9
86.6
87.0
88.1

70.1
69.9
70.2
70.8
71.6
73.1

75.0
76.2
77.2
76.0
78.5
lit A

80.4
79.7
81.9
85.3
85.1
85.3

62.1
61.6
63.5
65.4
65.8
66.4

23.09
23.09
23. 20
23.78
24.08
24.39

.600
.606
.610
.612
.615
,617

94.7
88.4
78.4
60.5
61.3
76.7
77.9
70.0
73.4
77.1

79.8
80.2
80.4
77.4
76.2
75.7

82.4
54.3
75.9
58.7
82.8
78.4
67.5
87.7
78.3
1934 data compiled from

Common
labor
rates
(road
build*
ing) 3

.604

.571
20.27
81.5
60.3
69.8
76.0
70.1
.597
61.1
21.79
70.0
73.9
81.1
79.1
64.1
.610
23.59
70.8
76.7
83,0
86.2
Public Works projects, prior years from Federal aid and State projects,

40
40
37
33
33
43
42
42
42
42
42
42
41
40
38
37
38
42

43
40
40

8

SUKVEY OF CUERENT BUSINESS

August 1936

Finance
the most significant event
PERHAPSannouncement by the Board of the month approximatelyin$1,900,000,000. Therefore, even after
was the
of Governors the increase
reserve requirements has gone into
of the Federal Reserve System of a 50-percent increase
in reserve requirements of member banks, effective
August 15. This raised the required reserves on demand deposits at banks in central reserve cities from 13
to 19% percent; at banks in reserve cities from 10 to 15
percent, and at country banks from 7 to 10% percent;
on time deposits at all banks from 3 to 4K percent.
In announcing its action the Board stated: "This act
eliminates as a basis of possible injurious credit expansion a part of the excess reserves, amounting at present
to approximately $3,000,000,000 and expected to
increase to nearly 3% billions by the time this action
takes effect. These excess reserves have resulted
almost entirely from the inflow of gold from abroad and
not from the system's policy of encouraging full recovery through the creation and maintenance of easymoney conditions. This easy-money policy remains
unchanged and will be continued.
"The part of the excess reserves thus eliminated is
superfluous for all present or prospective needs of
commerce, industry, and agriculture, and can be absorbed at this time without affecting money rates and
without restrictive influence upon member banks,
practically all of which now have far more than sufficient reserves and balances with other banks to meet
the increases. * * *
"By the present action required reserves will be
increased by $1,450,000,000 or from $2,900,000,000
to $4,350,000,000. This will leave excess reserves of

effect, member banks will still have a larger volume of
excess reserves than at any time prior to the recent
large gold imports * * *#
"It is far better to sterilize a part of these superfluous
reserves while they are still unused than to permit a
credit structure to be erected upon them and then to
withdraw the foundation of the structure.7'
The announcement apparently had little immediate
influence on the money or security markets, although
trading in Government bonds was unusually active for
a brief period.
The new securities issued after the Board announcement were priced in line with the low yields of those
offered in June and earlier months. In the first half
of the year, the Commercial and Financial Chronicle
reported that new domestic corporate issues publicly
offered amounted to $2,546,000,000, of which $2,091,000,000, or 82 percent, was for refunding purposes.
While sufficient data are not yet available to measure
accurately the extent of the rise in second-quarter profits,
the reports issued to date reveal that this period was
marked by a very distinct and widespread increase.
The best results were enjoyed byindustrial corporations,
with the motor, chemical, machinery and agricultural
implement, and electrical equipment companies making
a particularly good showing. The results for the railroad and public utility industries (excepting the telephone industry) were not so favorable, although these
groups also reported an improvement in earnings.

FINANCIAL STATISTICS
Reporting m e m b e r
Net
banks, Wednesday Federal
gold
closest to end of Reserve Excess
imBank
month
bank
ports Money
of
debits
credit meminin
outside
outcluding circuber
New
stand- banks,
gold
Loans "OthYear and month York
Inlation
ing, end of released
on
vester"
City
securi- loans 2 ments end of month from
month
earties
mark

Savings
deposits

Bond
prices,
Stock
New
prices
New
York
(419)
Stand- Stock capital
ard
ExNew Postal Statis- change issues
York Sav(dotics
State ings
mestic)

1,732

22.7
15 9
156.1
—234 8
1 0
64.7

4,687
4,489
4,750
5 530
5,742
5,341

4,459
4,559
5,156
5 282
5,130
5,134

Thous.
1926=100 Dollars of dollars Dollars
128
2.88
190.7
96.05 521,946
2.91
148
152.8
97.64 538,452
95.1
95.86 224,880
2.36
306
83,872
34.3
75.66
.34
784
72.8
86.84 109,482
.05
1,187
118, 588
73.1
93.16
.19
1,198

2,480
2,465
2,485
2,477
2,482
2,480
2,486

2,414
2,513
2,708
2,600
2,970
3,100
2,844

231.4
15.8
47.8
157.7
313.5
211.1
191.3

5,522
5,550
5,576
5,651
5,704
5,770
5,897

5,187
5,161
5,152
5,179
5,161
5,154
5,187

1,205
1,189
1,192
1,192
1,196
1,199
1,201

75.5
78.8
83.0
85.0
85.2
93.3
95.3

93.94
94.12
93.07
92.65
92.84

2,479
2,482
2,473
2,475
2,474
3,473

3,084
2,986
2,305
2,664
2,866

43.9
-26.1

5,757
5,779
5,857
5,892
5,918
6,063

5,177
5,177
5,204
5,175
5,165
5,310

1,208
1,214
1,216
1,215
1,214
1,333

100.1
106.1
108.7
108.9
101.0
105.6

96.16
97.22
97.26

Millions of dollars
1929:
1930:
1931:
1932:
1933:
1934:
1935:

June
.__.
June.,.
June
June
_•___
June
___
June

26,404
24,621
19,406
12,901
12, 969
14,754

7,761
8,435
6,745
4,745
3,978
3,701

June
July
August
September
October-_..__
November
December
1936:
January......
February. „
MarchApril
May
June

15,808
16,550
15,536
15,016
16,844
16,685
18,676

3,208
3,078
3,009
3,095
3,006
3,108
3,274

17,499
15,766
17,867
17,497
16,998
18,883

3,128
3,117
3,313
3,304
3,486
3,619

5,560
6,120
7,795
7,491
8,367
10, 365

1,400
1,018
2,310
2,220
2,472

3,277
3,190
3,288
3,380
3,340
3,401
3,401

11,791
12,034
12,022
12,390
12,476
12,480
12,646

3,304
3,?81
3,495
3,485
3,586
3,619

12,996
13,047
13,229
13,452
13, 522
14,159

943
162
475

%,m

1 Net exports indicated by {-).
Note that this column has been changed. See p. 32 forfiguresexcluded.

2




AverInterest
age
rates,
divicomdend
mercial
paper
share
(4-6
(600
com- months)
panies)

6.4

27.9
166.7
253.0

94.47

97.38
97.63

55,457
127,127
148,210
172,745
148,462
119,794
221,207

.29
.30
.33
.34
.35
.40
1.41

115,253
106,739
129,527
176,672
111, 571
317,370

.42
.45
.46
.47
.50
.51

Percent

SURVEY OF CURRENT BUSINESS

August 1936

Transportation
T?REIGHT traffic, which has lagged conspicuously in perienced in the first half of 1935, and the best months
. •*- the recovery experienced since 1933, has shared in of the year from an operating standpoint are still
the broad advance of the current year. During July, ahead.
loadings have expanded moderately, on a seasonally
In June, operating revenues were about 18 percent
adjusted basis, with all classes of traffic contributing to larger than in June 1935, according to the figures
the increase. In each of the first 3 weeks of July reported by the Association of American Railroads
more than 720,000 cars were loaded, a figure that has based on the reports of 144 roads. This percentage
been exceeded only twice in the past 5 years; those 2 gain was slightly larger than the relative gain reported
weeks were in October 1935.
for all roads in May, as compared with a year ago.
The outlook for fall traffic is clouded to some extent For freight revenues, the June increase was 19 percent
by the drought, which will cut the volume of agricultural over the corresponding, month of 1935, a somewhat
products to be moved from some areas, although the higher relative increase than was reported in May.
shifting of livestock and feed from one region to another
Of special interest in the Commission's report were
will be a partial offset to the loss in crop movements. the figures on passenger revenues. The estimated gain
The regional shippers' advisory board in its estimate of in revenues in June over May was less than usual at
freight-car requirements anticipated a movement for this season but suggests that sharp reductions may not
the third quarter 11 percent above the corresponding result from the lower unit fares, though 1 month affords
quarter of 1935, a gain of about the same proportions an inadequate basis for making a trustworthy apas was actually realized during the first 2 quarters. praisal. The eastern district, where passenger traffic
More than average gains are anticipated for ores and is especially heavy, is the only one seriously affected
concentrates, lumber and forest products, iron and by the new low rates, since the other regions have been
steel, machinery and boilers, cement, brick and clay experimenting with reduced fares for some time. For
products, lime and plaster, autos, trucks and parts, this area a gain of 7.1 percent over June 1935 was recanned goods, and citrus fruit.
ported. The May gain in eastern territory was 10
If the present rate of improvement continues, the percent compared with May 1935. For all regions
railroads may be expected to report a profit on opera- combined, the estimated increase for June, as compared
tions for the full year for the first time since 1931. with the corresponding month a year earlier, was 12
During the first 6 months the roads operated at a loss, percent or the same as the relative gain reported
which, however, was considerably smaller than that ex- for May.

RAIL AND WATER TRAFFIC
Freight-car loadings
F. It. B. index

Tear and month

Unad- Adjusted1 justed*

Total

MerCoal For- Grain Live- chanest and
and
dise Ore
coke prod- prod- stock . c. 1.
ucts ucts
neous

Monthly average, 1923-25=June
June.
June...
June
June—
June__—

..__
-

June
July
_
_
August
September
October
November
December
.
1936:
January....
February
March
April
May
June_—
_—
_
Monthly average, January through June:
1934_
1935
1936

_.

._

i

i Daily average basis.
83026—36
-2




110
95
77
52
61
64

108
93
77
52
62
64

Thousands

Thousands of cars 4

100

1929:
1930:
1931:
1932:
1933:
1934:
1935:

Pullman
Freight- pascar
senMis- surplus gers
celcarlaried

260. 5
232.0
210.1
174.4
169.9
161.3

1,073.0
893.9
724.6
501.8
603.3
626.2

167.4
137.9
114.1
70.6
105.9
107.9

70.3
46.0
29.1
16.6
26.7
24.7

44.6
43.9
38.3
27.2
39.8
36.8

23.6
19.8
17.8
14.7
15.6
15.4

616.4
557.2
620.4
657.9
720.5
635.9
579,6

131.8

25.9
30.0
42.2
40.6
37.0
31.3
27.3

9.9
9.9

143.4
132.3
138.8

26.7
26.4
30.3
30.9
31.6
27.5
25.9

12.9
17.4
21.6
16.9
12.8

156.2
150.2
159.6
160.3
166.9
157.6
146.6

588.3
627.0
604.7
636.2
670.4
696.8

156.0
192.1
112.5
118.2
119.6
114.9

26.0
26.9
30.5
30.3
32.3
34.7

30.2
30.2
34.0
30.6
31.1
34.9

13.1
10.6
11.9
12.4
12.3
11.8

141.4
146.0
155.6
161.8
158.9
163.2

593.7
583.1
638.1

130.1
129.5
137.1

23.1
24.4
30.1

29.9
25.9
31.7

15.6
12.3
. 12.0

160.9
154.7
154.2

84.3
103.5
117.8

* Adjusted for seasonal variations.

Financial statistics, class I
railways
Operating
revenues

Canal traffic

Net rail- Sault New
way op- Ste.
York Panamas
erating
income Marie State
Thous.
Thousands of of long
short tons
tons

Thousands of
dollars

1,186
1,062

430.1
353.5
285.7
194.1
231.2
246.3

218
465
599
773
454

3,000 526, 022 103,543 14,076
2,679 439,671
67,663 12,650
2,051 365, 762 49, 605 6,645
1,988
1,300 243,545
12,300
1,201 278,329 59,831 3,582
1,303 282, 779 42,038 7,901

387
416
385
454
479
557

32.8
32.8
34.1
33.8
32.4
13.4

233.0
223.6
237.8
257.1
287.5
256.9
223.1

272
296
245
229
208
252
271

1,309
1,286
1,425
1,364
1, 278
1,246
1,409

281,328
275,349
294,018
306,960
341,018
301,331
296,225

34,103
26,851
42,074
57,359
75,425
54,234
46,040

7,058
7,503
7,731
7,148
7,454
4,087
439

482
519
576
574
800
655
0

715
848
907
983
843
852

5.6
5.7

37.4
50.5

215.9
215.6
254.2
274.0
278.7
387.9

231
171
205
179
185
170

1,533
1,359
1,312
1,353
1,295

299,099
300,459
308,304
313,410
320,966

35,765
33,595
35,206
41,548
41,842
50,313

0
0
0
37
8,710

0
0
0
228
568
616

775
813
981
1,023
940
989

12.3
13.7
19.2

221. 7
222.6
253.8

371 5 1,200 271, 650
308 5 1,232 272, 589
190 * 1,370 312,155

37,811
32,462
39,712

76.5
60.7
29.6

4.3

14.2
33.8

5.2

6.0
8.9

* American vessels, both directions.

4 Average weekly basis.

5 5 months' average.

779
835

971
851
920

10

SURVEY OF CURRENT BUSINESS

August 1936

Automobiles and Rubber
KODUCTION
buyers. The seasonally
PJuly, but the rateofofautomobiles has declined during ger-car sales rose sharplyadjusted index of new passenin June.
recession has not been rapid and
the total assemblies for the month is expected to exceed
the July total for each year back to 1929. The official
figures for June revealed that United States production
(or factory sales) for the month was only slightly less
than in May, the comparative figures being 454,487
and 460,565 units, respectively. June, however, had
one additional working day. Production of commercial cars, trucks, and road tractors reached 77,846
vehicles, nearly 3,000 more than in May.
While the distribution of funds in settlement of
world war veterans' "bonus" has undoubtedly been a
factor in the maintenance of a high rate of automobile
production, this special situation does not fully explain
the persistent strength in the new-car market. That
the manufacturers expect a continuation of this favorable market during the remainder of the year is indicated by the estimate of the Automobile Manufacturers
Association that the total production of cars and
trucks this year will approximate 4,600,000 cars. If
realized, this would mean an output in excess of
2,000,000 vehicles for the second half of the current
year, which compares with an actual production of
1,729,000 vehicles in the second half of 1935,
The reported figures on sales indicate that the cars
being produced are moving promptly into the hands of

Statistics on registrations this year reveal that the
medium- and higher-priced cars have shared to an
increasing extent in the available business. Registrations of the three popular cars in the low-price group
accounted for 65 percent of all registrations in the first
5 months of 1936, whereas a year ago, notwithstanding
delays encountered by one manufacturer in making
deliveries, the percentage was 69.7. The four next
most widely sold cars accounted for 22.2 percent of the
total registrations in 1936, whereas last year registrations of these particular makes represented 19.4 percent
of all registrations. Registrations of Packards, Cadillacs, La Salles, and Lincolns combined numbered 38,671
this year against 16,059 in the first 5 months of 1935,
a gain of 141 percent. Total sales in this group have
been favorably influenced by the introduction of the
Packard 120 and the Lincoln Zephyr. Combined
registrations of these cars in the 5 months of 1936
constituted 2.6 percent of the total, compared with
1.4 percent in the comparable period of 1935.
Consumption of crude rubber during June established
a record for that month by a very considerable margin.
Statistics on the tire industry for May (the latest available) show a marked seasonal rise in shipments, a
much smaller rise in production, and a consequent
reduction in manufacturers' stocks.

AUTOMOBILE AND RUBBER STATISTICS
Automobile
exports

Automobile production
United States
Tear and
month

F.B.B.
index,
Total
adJusted*
Monthly av.,
192325=100

1929: June
1930: June.
1931: June..._-__
1932: June
1933: June
1934: June-1935:
June
_
July—,.
August—
September..
October
November._
December
1936:
January
February
March
April
May
June
Monthly average, January
through June:
1934
1936

Passenger
cars'

Trucks

Total

PassenTrucks
ger

New
New
comUnadAdpassen- mercial justed justed
ger cars cars
Monthly average,
1929-31=100

Number

Thousands

Pneumatic
tires *
Production

Crude rubber

Domestic
World
DoIm- stocks,
mestic conship- sump- ports end of
ments tion,
month
total
Long tons

Thousands

153
91
65
47
65
81

546
335
251
183
250
306

451
285
210
160
208
261

94,561
49,033
40,604
23,003
42,165
45,197

21,492
15,090
6,835
7,112
7,323
13,905

34,1C9
10,077
5,843
2,972
4,757
17,971

16,789
5,336
4,340
1,387
2,478
6,815

386,441
260, 946
201, 911
148,752
174, 219
223,864

45,079
33,496
28,490
17,813
23, 254
34, 778

183.2
118.2
80.8
56.5
65.2
84.6

141.5
90.0
61.5
42.5
49.0
63.5

5,478
4,098
4, 538
4,515
4,880
4,212

5,288
4,050
4,320
7,971
4,977
4,956

38,905
31,170
34,883
35,987
44, 654
36,620

41,828
40,382
46, 939
41,117
23, 504
48,748

289,084
418, 509
533,021
595,712
613,055
672,804

94
77
69
93
114
125

356
332
237
88
272
395
405

274
181
56
213
337

62,158
57, 765
56, 270
31,443
58, 733
58,145
61,506

15, 745
13,069
7,692
5,323
8,313
13,496
13,775

16,517
14, 752
10,076
5, 622
7,471
22,491
17,736

9,753
10, 274
9,997
7,081
7,109
8,038
10,276

280,360
285,178
233, 851
157,098
148,389
220, 262
237,194

48,243
51,243
50, 355
41, 390
43,243
37,616
38,000

104.9
89.1
80.2
50.1
53.3
96.6
90,6

78.5
81.0
75.0
79.0
82.0
113.5
106.5

3,793
3,426
3,234
3,067
3,281
3,238

4,061
5,212
3,783
2,621
3,258
3,170
3,311

33,327
33,109
36,000
34,000
38,192
38,500
38,648

32,182
48,131
41,483
35,707
36,378
26,073
39,812

671,525
679,061
684,644
661,509
655,000
623,300
611,987

110
90
109
124
118
119

364
288
421
503
461
454

225
344
417
386
377

65,730
62,790
77,448
85,642
75,058
77,846

13,302
13,288
17,974
24,951
20, 006
16,400

15,867
16,046
18,921
17, 723
17,727
14,987

9,787
9,913
9,999
8,330
10,848
9,055

215,782
176,668
301,272
397,190
392, 750
369,423

43,760
40,301
51,817
57, 000
62,183
56,000

69.3
65.5
117.8
142.3
138.1
139.3

102.0
89.5
101.0
93.5
93.0
109.0

3,709
2,898
2.947
3,932
•4,027

3,079
2,545
3,065
3,917
4,659

43,655
33,071
38,433
46, 707
45,434
47,373

33,921
34,339
34,874
45,830
37, 050
38,273

600,479
599,355
574,594
558,583
532,411
509,931

87
113
125

286
370
415

234
308
340

52,010
61,805
74,086

13,681
18,544
17,650

13, 206
15,925
16,879

8,306
7, 718
9,655

165, 926
243,656
308,848

32,461
42, 344
51,844

90.7
112.0

45,102
38, 799 39,892
42,445 37,381

668,746
681, 543
562, 559

' A dfnsted for seasonal variations.




Canada

New passengercar sales

Registrations

> Covers varying percentage of industry, see note on p . 55.

i 4, 397 < 3,875
4 4, 276 * 3,868

3,503

4 2,878

* Includes taxieabs, see footnote on p. I

* 5 months* average

11

SURVEY OF CURRENT BUSINESS

August 1936

Forest Products
A CTIVITY in the various forest-products industries a concerted effort was made to,curtail stocks. The
-*^L has been maintained into midsummer at the ratio in four important softwood regions is now roughly
improved positions reached last spring. Lumber pro- the same as that prevailing in 1929. The ratio moved
duction did not vary much from May to June, but in higher generally until the end of 1932, since when the
July there was a further increase. Paper production, trend has been downward.
which had been steady for 3 months at 8.1-82 percent
Prices of lumber have been relatively steady this
of capacity, dropped to 75 percent in the week of July year in common with the movement of other building
11 but was back to 80 percent in the week of the 18th. material prices. Lumber prices dropped rapidly from
Paperboard production in mid-July was higher than in 1929 to the middle of 1932. After moving horizontally
June after a temporary drop in the early part of the for almost a year, prices rose precipitously before and
month. Changes in the output of naval stores were with the advent of the N. R. A. As consumption was
not significant.
slow to improve, the price tended downward in 1934,
Consumption of lumber in the building industry is but in the past year and a half there has been a slight
still expanding and the current volume of new contracts recovery. Current prices are about on a par with
and building permits indicate a further increase. those of the third quarter of 1930.
Residential construction contracts in June, measured Business of the flooring manufacturers continues to
in terms of floor space, were the largest for this month be much better than the average for the lumber insince 1930. For the first half of the year the floor dustry. Orders for the first half of the year for oak
space covered by residential contracts increased 67 flooring were 76 percent higher than in 1935 and for
percent in comparison with the first half of 1935. The maple, birch, and beech flooring the increase was 53
relative gains over a year ago have had a tendency to percent. Orders received for oak flooring were about
narrow recently.
five times as large as those in the other group.
While manufacturers' stocks of lumber are increasing,
these are not considered by the trade to be excessive Production of furniture increased in June, and the
and, in some regions and for some species, the stocks attendance and purchasing at the National Furniture
are not adequate. With rising consumption larger Show indicates that buyers are taking an optimistic
stocks may be required to meet regional and shifting view of the fall prospects. During the first half of
demands for seasoned woods. At the present time 1936, production in a representative sample of manuthe ratio of stocks to consumption shows a considerable facturing establishments was 39 percent higher than
improvement over the condition of 3 years ago, before in the initial half of 1935.

FOREST PRODUCTS STATISTICS
Lumber production

Year and month

Total
softwoods

Totals

CaliSouth- fornia
ern
redpine
wood

Millions of feet, board measure
1929: June
1930: June
..
1931: June
1932: June
1933: June
._.'.
1934: June
1935:
June
July
._—
August
September
October.
_.
November
December
1936:
January.
____-.
February
_..
March
April
_May
June
Monthly average, January
through June:

218
127
91
121

Car
loadings^

Adjusted*

Employment

Furniture,
adjusted*

Turpentine
and
rosin
unadjusted

Unadjusted
TurFurni- pentine
ture
and
rosin

Total

Book
paper, Newsunprint
coatedl

Monthly average, 1923-25=100
112.4
91.7
75.8
54.6
61.6
64.7

Paper
board

i Of forest products.

Short toDS

648, 238

192, 424
177,800
161, 265
138,204
130,879
154,175

721, 908
700, 349
815, 630
756, 573
914, 297
783,341
717, 604

82,098
86,121
88, 201
87,911
95,894
89, 262
91. 075

256,665
260, 207
291,127
289, 596
345, 596
294,290
243,594

132,181
121,304
160, 510
135,278
176,973
138, 523
131,544

161,884
153,811
148,142
160,558
179,821
187, 448
186,514

270,928
271,107
285,257
294, 929
289, 527
279,390

160.822
130, 719
132,887
165,537
141,120

161,185
182,213
183,974
183,399
227, 216
178,396

81, 949 239, 005 126,659
90, 764 76, 664 261, 608 s 140,291
98,423 76, 690 281,993 U46,017

159,952
171,467
186,064

94.5
70.8
81.1
98.6

48.5
31.6
33.2
51.0

48.5
48.4
56.0
60.2
63.0
59.3
58.4

59.9
57.5
59.3
59.3
64.6
65.8
64.4

77,010
72, 797
75,160
71, 262
79,974
78, 955
75,869




1,337

1,069

1,359
1,636
1,806
1, 750
1,971
1,620
1,422

1,074
1,358
1,517
1,457
1, 669
1,347
1,215

110
131
137
125
149
134
126

72.4
73.3
73.9
71.7
71.6
72.4

98.9
98.9
99.1
100.5
100.3
100.7
99.7

1,490
1,353
1,587
1,865
1,891
1,886

1,261
1,138
1,343
1,613
1,638
1,633

141
125
148
155
159
145

74.4
73.3
73.7
74.7
76.8
77.3

98.0
98.1
97.1
99. C
97.8
99.0

51.8
54.3
55.7
56.2
56.7
59.3

60.5
55.2
59.2
57.0
58.1
58.6

819,300 101, 223 79, 336
753, 581 96,068 79, 249
776, 471 101,669 76, 500
867, 931 107, 533 76, 504
798, 060 97, 369 75, 719
86.676 79.830

1,108
1,002
1,436

114
105
148

61.7
67.1
75.0

100.0
98.1
98.2

39.8
47.5
55.7

50.7
55.7
58.1

686,670
-751,020
803,069

2

See note on p. 54.

JSee footnote on p. 48.

Wrapping
paper

113,331
108, 451
101,008
85,089
84, 352 292, 967
84,973 83, 517 228,078 109, 568

109.2
79.4
58.2
29.2
34.0
41.2

1,373
1,262
1,680

1934
1935
1936

News-«
print

Paper production

Pay rolls

* Adjusted for seasonal variations

5

5 months' average

12

SURVEY OF CURRENT BUSINESS

August 1936

Iron and Steel
the
during July, a hedge against
production.
OPEKATIONStheinweeklysteel industry ingot produc- Buying attributedpossible interruption inbeen particuto judge by
estimates of
to this situation has
tion, have been maintained at a leTel only slightly below larly noticeable in material on which mills are quoting
that of the preceding month when operations averaged deferred deliveries."
69.8 percent of capacity. The rate of production during
The automobile industry has required less steel as
the past 4 months has been exceptionally uniform, the assembly of cars has declined, but car manufacaveraging about 70 percent of rated capacity.
turers are still taking large quantities, as is evidenced
A marked seasonal decline in production is usually by the rate of assemblies, which has only recently
experienced in July, so that a further rise in the adjusted dropped below 100,000 units a week. The requireindex of iron and steel production may be expected in ments of the agricultural implements industry have
view of the slight change experienced; the June adjusted also declined as production of these products receded
index of 113 (1923-25 = 100) was the highest figure from the exceptionally high level of output reached
reported since February 1930. It was 71 percent above in the second quarter. The machinery industries,
the figure for June 1935. Shipments of finished prod- however, give further evidence of expansion. The
ucts in June were not maintained to the same extent index of machine tool orders advanced to 128.8 in
as the rate of ingot production, if the figures for the June (1926 shipments = 100), which is the best figure
United States Steel Corporation may be accepted as an reported since 1929. The present index compares
accurate indication of the change for the entire with a figure of 91 in June 1935 and one of 35 in June
1934. Shipments of foundry equipment continued to
industry.
Aside from the normal demands for steel, which are increase in June, the index for that month revealing a
reported to have been relatively heavy during recent volume of shipments nearly double those of June 1935.
weeks, two special factors have probably influenced
Total production of steel ingots in the first half of
the volume of production. These are the price advances the year amounted to 21,326,000 gross tons, an inannounced for the third quarter, but which were not crease of 33 percent in comparison with the output of
made immediately effective, and the widely publicized the first half of 1935. This was considerably more raw
attempt to unionize the industry. Commenting on steel than was produced in the full year 1932, when
this latter factor, the magazine Steel states: "Labor production fell to 13,323,000 tons, and it was not far
organization in steel is driving in a certain amount of below the total of 22,594,000 tons produced in the full
tonnage from consumers seeking to build up stocks as year of 1933.

IRON AND STEEL STATISTICS
General operations

Tear and month

Production,
adjusted i

Employment,
adjusted^

Pay
rolls, Ex- Imunad- ports ports
justed

1935..
1936-




1

Pig iron

Production

Thousands of long
tons

Monthly average,
1923-25=100
1929: June
1930: June
.
1931: June.
1932: June
1933: June
1934: June
1935:
June
July
August
September
*.
October
November
December
1936:
January
February
March
_
April
May..,.
June
Monthly average, January
hrough June:

Iron and
steel

Furnaces
in
blast

Stee! sheets 2 United
Prices
States
Steel
Corporation, Iron Steel Steel FinNew Ship- finished and billets, scrap ished
prod- steel, mer (Chi- steel,
orPer- ders ments ucts,
com- (Pittscomcent
ship- posites burgh) cago) posite
of
ments
capac-

Steel ingots

Production

ThouNum- sands
ber of long
tons

Thousands of
short tons

Long
tons

Dollars per long ton

Dollars
per 100
pounds

148
102
61
26
71
86

104.4
92.3
70.4
52.3
55.6
76.3

111.4
92.5
57.0
27.2
36.2
62.6

248
159
76
52
103
219

64
49
38
34
34
25

3,717
2,934
1,639
628
1,265
1,930

218
160
91
46
90

4,903
3,419
2,128
913
2,564
3,059

100
68
39
16
45
53

308
187
164
85
247
115

348
213
156
90
153
302

984,739
653,104
324,746
603,937
985, 337

36.46
33.28
30.82
29.09
28.71
32.96

35.25
31.00
29.00
26.50
26.00
29.00

14.94
12.06
8.75
5.69
8.91
9.75

2.56
2.33
2.19
2.17
2.09
2.53

66
69
81
83
88
96
103

71.7
72.4
73.4
74.1
75.9
77.1
77.9

55.7
52.6
59.4
62.7
65.5
65.1
68.8

290
297
247
244
238
205
239

33
32
31
53
60
57
54

1,553
1,520
1,761
1,776
1,978
2,066
2,106

91
95
99
104
116
122
120

2,259
2,268
2,916
2,825
3,143
3,150
3,073

41
39
49
51
53
55
56

129
206
207
196
226
289
203

161
152
181
177
221
213
195

578,108
547, 794
624,497
614,933
686,741
681,820
661,515

32.42
32.44
32.68
32.82
32.84
33.15
33.31

27.00
27.00
27.00
27.00
27.00
28.00
29.00

9.97
10.35
12.38
12.50
12.50
13.00
13.35

2.44
2.44
2.43
2.43
2.43
2.43
2.43

86
83
83
100
105
113

77.6
75.9
76.1
77.9
80.1
' 83.2

64.4
65.2
69.9
73.9
76.9
78.5

242
214
264
302
315
395

50
43
57
49
59
60

2,026
1,824
2,040
2,404
2,648

117
120
126
144
146
145

3,046
2,964
3,343
3,942
4,046
3,985

51
54
59
69
71
10

175
138
252
190
192

207
176
210
252
210
304

721,414
676,315
783,552
979,907
984, 097
886,065

33.34
33.48
33.21
33.10
32.92
33.79

29.00
29.00
28.20
28.00
28.00
38.00

13.38
14.19
14.75
14.34
12.88
13.85

2.43
2.43
2.37
2.36
2.36
3.36

73
72
95

70.4
70.9
78.3

53.1
57.3
71.5

209
266
272

28

1,633
1,633
2,255

95
133

2,734
2,674
3,554

198
191
201

201
198
210

613,149
592,333
838, 558

32.07
32.42
33.14

27.13
27.00
28.37

11.01
10.57
13.73

2.40
2.44
2.39

Adjusted for seasonal variations.

on
O\)

53

a Black, blue, galvanized, and full finished.

» See table on p. 19 of the January 1935 issue.

13

SUEVEY OF CURRENT BUSINESS

August 1936

Textile Industries
the textile industries
June, on a associated industries
Massachusetts.
OUTPUT of adjusted basis, reachedin the highest output of cotton millsofhas not increased Apparently,
seasonally
to a degree
level of the year. Computed from data on the cotton, commensurate with the increase in the volume of orders,
woolen, and silk industries, the index at 107 (1923-25 = but mills have maintained a steady rate of operations
100) was 7 points above the figures for both May during a normally dull period which usually brings a
of this year and June of last year. Output of the rayon curtailment of production.
industry, which is not covered by the index, increased
Cotton-spindle activity in June was about 6 percent
sharply, with the adjusted index of deliveries at a higher than in May and was about the same as the
record figure in June.
average for the year to date. Cotton consumption has
Kesults for the first 6 months of the year, however, experienced a like movement, with the consumption
show only a moderate improvement over the corre- rate during the early part of July showing no significant
sponding period of 1935. The Federal Reserve pro- change from that of June, according to the weekly
duction index averaged slightly higher than in the first estimates.
half of 1935 and was higher than that for any similar
Production in the woolen industry increased in June,
period since 1929. The gain over the first half of 1935 but was still considerably below the high level of last
reflected the higher rate of operations in the cotton in- winter. Silk manufacturing has continued to decline.
dustry, as both woolen and silk manufacturing declined. For the first 6 months of the year silk deliveries to
Raw-cotton prices have risen steadily since early in mills were about one-sixth less than in the first half
May, with current quotations above 13 cents a pound. of 1935.
This strength resulted from the improved statistical
With the sharp gain in nonacetate rayon deliveries
position of the staple. Higher raw-cotton prices have in June, stocks dropped to but 1 month's supply, based
caused an advance in fabric prices, and this has been on average shipments during the past 12 months.
one factor influencing the sharp upturn in sales of The industry has never, except in 1933, approached
cotton goods in recent weeks. The rise in the volume the fall selling season with stocks at such a low figure.
of business of cotton mills, and of woolen mills as well, For the first half of the year the table below shows that
is reflected in the advance of 25 percent from May to mill deliveries were about 18 percent higher than in the
June in the index of textile orders reported by theopening half of 1935.

TEXTILE STATISTICS
Cotton,
raw

Wool

Cotton manufactures

ProSpinning
Cotton cloth,
Looms
ducfinishing
spindles
Wholetion in- Mil!
SpinConsale
dex, ad- condle acsumpprice,
justed i sump- tivity, Plain
tion
total bleach- Print cotton tion) Wool- Wor- NarYear and month
en
sted row Broad
goods goods
ed
Monthly average,
1923-25=
100

1934
1935
1986

Millions of
spindle
hours

120
83
96
63
133
77

569,414
405, 236
453,901
322,706
697, 261
363,262

8,160
5,789
6,630
4,250
9,299
5,241

106, 741

100
105
104
106
113
106
111

383,982
390,712
408,410
449,126
552,187
507,836

5,102
5,155
5,545
6,184
7,445
6,897
6,804

90,496
89,164
94,521
93,013
110,885
102,292
101,310

105
102
100
100
100
107

591,309
516,649
548,913
576,762
530, 799
556,323

7,714
6,736
7,264
7,320

100
102

1929: June
1930: June
1931: June
1932: June
1933: June
1934: June
1935:
June.—_
—
July
August
September
October
November
*
December
1936:
January
February
—
March
April
May
June
-.Monthly average,
January through
June:

Running
bales

487,515
472,677
553,459

Thousands of
yards

Percent of active hours
to total reported

WholeWholesale
sale
price,
woolen Deliv- price,
and eries to raw,
worsted mills Japanese, 13goods
15 (New
York)

Hosiery

Deliveries
to mills

ProUn- Ad- duction
adjust- Justed i
ed

MonthThouDaily
ly avBales Dollars
sands
erage,
of 133
per
average,
of doz1926= pounds pound 1923-25=100 en
100
pairs

26, 213

82
62
61
30
100
71

65
56
73
34
92
29

61
48
46
16
53
30

88.3
79.7
68.0
55.0
68.8
80.8

46, 504
29,396
42,161
37,466
53,627
33,069

4.925
3.251
2.463
1.194
2.155
1.199

254
225
288
137
450
305

299
269
347
166
556
382

8,474

80,428
66,648
74,781
80,293
78,727
72,993
73,367

89
94
103
97
106
104
93

72
67
67
67
81
83
73

25
24
31
33
42
44
43

75.6
76.4
76.4
76.9
79.1
80.7
81.0

33,728
44,166
41,715
45,156
48,167
37,012
35,559

1.376
1.447
1.705
1.868
2.084
2.092
1.958

381
433
550
583
494
464
473

,477
570
513
419
462
522
557

7,121
7,541
9,001
9,577
11,574
10,293
8,918

80.4
78.1
77.1
76.2
75.5
75.4

73,908
64,193
53,460
55,387
46, 593
54,533

95
96
85
82
87
87

62
68
59
60
57
57

48
44
38
36
34
36

81.4
82.8
83.8
82.2
82.2

32,053
36,000
34, 564
32,087
31,437

1.950
1.784
1.733
1.682
1.600
1.597

477
517
422
433
428
498

487
454
399
416
446
633

10,099
9, 252
9,832
10, 201
9,270
9,479

85.6
82.1
77.1

31,792
64,684
58,012

70
83
89

41
69
61

36
28
39

82.7
73.8
82.5

38,874
40,895
34,189

1.368
1.382
1.724

338
394

341
402
471

9,225
9,103

44,066
32,772
45,805
18,933

83,414

97.8
87.2
67.6
51.0
67.1
86.0

70,381
61,842
77,913
86,948
97,972
97,331
104,720

82.5
82.0
82.5
83.2
84.5
85.8
86.0

7,3

97,435
92,807
107,893
104,837
105,062
108,000

100, 528
91,860
95, 274
91,074
89, 518
3
90,500

6,857
6,329
7,208

135, 542 109, 569
132, 774 105,962
102,672 93,126

i Adjusted for seasonal variations.




Month- Thouly avsands
erage,
of
1926= pounds
100

Rayon

Silk

Wool manufactures

2

Grease equivalent; see note on p. 58.

a Estimated.

14

SUEVEY OF CURRENT BUSINESS

August 1936

NATURAL GAS 1
Sales to consumers

Customers

Year and month

Total

Industrial and
Domestic commercial

1935

4,831
5,228

317
344

79, 824
79,883

25,997
27,081

52,861
51, 943

28,994
29,908

16,853
18, 055

11,952
11, 674

5,674
5,714
5,700
5,684
5,694
5,638
5,600
5,579
5,593
5,599
5,651
5,655

5,261
5,281
5,267
5,253
5,261
5,221
5,192
5,178
5,194
5,200
5,241
5, 234

410
431
431
430
430
414
405
399
398
397
408
419

103,312
91,794
89,244
85,815
70,692
60,053
53, 546
51,612
55,217
61, 372
71, 659
84,935

46,199
39,089
36,985
33,797
26, 527
19,098
13,646
12,658
14,029
17,121
24,997
34,689

56, 528
52,130
51,121
51,314
43,431
40, 294
39,145
38,229
40, 329
43,412
45,895
48,983

43, 484
37,993
36,458
33,934
28, 205
22, 646
18,894
17,939
18,928
21,418
26,977
34,173

29,716
25,315
23,986
22,004
18,126
13,878
10, 697
10,109
10,849
12, 766
17, 276
23,136

13, 649
12, 528
12,329
11,832
9,998
8,695
8,126
7,733
7,988
8,561
9,539
10,916

5, 232

414

73, 271

26,570

45,901

28,421

18,155

10,158

5,721
5,706
5,700
5,664
5,627
5,585
5,512
5,508
5,538
5,584
5, 627
5,588

5,282
5,266
5, 259
5,232
5,208
5,179
5,117
5,119
5,144
5,170
5,193
5,155

437
438
440
430
416
404
393
388
392
412
432
431

89,185
86, 034
82, 641
74,482
61,799
55,498
47, 662
47, 824
50,813
57,033
70, 766
84, 095

39, 249
36, 306
31,261
22, 582
16, 546
13,123
12,162
13,153
17, 207
25,105
35, 255

49,095
46, 971
45, 287
42, 297
38, 669
38, 456
34, 045
35,134
37, 278
38,876
44, 628
47, 742

37, 752
36, 792
35, 224

18, 012
21,080
26,967
33,465

26,014
25,364
24,023
21,025
16.330
12, 724
10,586
10,041
10, 628
12,934
17, 315
22, 639

11, 599
11, 297
11,011
9,839
8,396
7,653
6,751
6,837
7,315
8,017
9,500
10, 665

5,194

418

67,319

25, 025

41,540

26, 661

17,469

9,073

5, 515
5,515
5,517
5,484
5,473
5,440
5,409
5,425
5,481
5, 547
5,618
5,642

5,088
5,090
5,088
5,064
5,065
5,054
5,026
5,044
5,097
5,148
5,189
5,204

425
424
427
418
406
384
381
380
382
397
428
436

86, 036
85,450
77,399
70,370
63,040
57,008
55, 216
56, 078
58,324
65,431
78, 319
85,071

36,426
33,048
27,446
21, 985
15, 848
12, 386
11, 598
13,090
16,130
30, 430

45,990
48, 307
43, 705
42, 271
40,317
40, 591
42,275
43, 832
44,388
48, 651
53, 728
53, 555

36, 207
34, 683
31, 493
27, 573
23, 990
20, 317
18,150
17, 767
18, 833
21, 817
27,007
31,311

25,412
23,799
21, 597
18,449
15, 656
12,313
10,149
9,618
10, 562
12,529
16,463
20,141

10, 653
10,751
9,773
9,003
8,214
7,907
7,910
8,048
8,149
9,189
10,420
10,992

5,096

407

69, 812

23,459

45, 634

25, 762

16, 391

9, 251

5,626
5,658
5,674
5,663
5,674
5, 660
5,633
5,654
5,701
5,760
5,821
5,848

5,195
5, 225
5,236
5,231
5,254
5,256
5,237
5,258
5,300
5,344
5,379
5,391

430
431
436
430
418
402
395
394
399
414
441
455

93, 722
96, 219
95. 259
84, 888
73, 653
67, 795
62,898
63, 762
67,027
72, 692
84, 600
97,755

36, 272
36,101
35,788
28, 534
20,824
15,760
12,517
11, 721
13, 513
16, 699
23, 527
33, 227

56, 591
59, 063
58,360
55,427
51,831
51.198
49,426
51,066
52, 550
55.199
60,194
63, 525

36,251
35, 792
35, 432
30,319
25, 042
21, 764
19, 207
18, 814
20, 223
22, 583
27, 697
34,645

24,045
23,216
22,861
18,956
14,873
12,091
10,217
9,705
10,809
12, 525
16, 293
21,658

12,036
12,384
12,372
11,193
10,004

5,698

1934

Monthly average.

Monthly average.

Thousands of dollars

5,505

1933

Monthly average.

January.^ _ _
February.. _
March
_April
May
June
July
August
September..
October
November..
December..

Industrial and
Domestic commercial

5, 613

1932

Monthly average.

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

Total

5,648

1931

Monthly average-

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

Industrial and
commercial

5,149
5,575

1929 monthly average,.
1930 monthly average.

January. _..
February...
March......
April
May..
June..
July....___.
August
September.
October.....
November..
December..

Domestic

Millions of cubic feet

Thousands

January
February-..
March..:
April
May
....
June
July
August
SeptemberOctober
November..
December-.

Total

Revenue from sales to consumers

5,276

420

80,023

23, 707

55, 369

27, 314

16,437

10,716

5,793
5, 811
5,838
5,827
5,845
5, 836
5, 820
5,835
5,880
5, 947
6,018
6,039

5, 340
5,358
5,381
5,378
5,403
5,409
5,404
5,427
5,468
5,510
5,552
5,563

451
452
455
448
441
425
415
407
411
435
464
474

106, 228
105,190
97, 524
89, 515
82,843
74,116
68, 272
71, 519
75, 325
85,028
99, 714
113,418

38, 956
38,452
34,136
28, 576
24, 608
19,149
14,083
12, 519
14,135
18, 556
26, 726
36,325

66,196
65, 563
62, 231
59,947
57,168
53, 761
53, 314
58, 049
60, 273
65,252
71, 691
75, 680

39, 231
38, 354
35, 413
31, 599
28, 355
24, 395
21, 095
20, 776
22,120
25,805
32,099
38,825

25,336
24, 461
22, 290
19, 273
17,028
14, 056
11,192
10,316
11,262.
13, 677
18, 316
23,635

13,738
13, 699
12,928
12,162
11,159
10,178
9,760
10, 321
10,718
11,958
13, 591
14,981

5,874

5,433

440

89, 058

25, 518

62,427

29, 839

17, 570

12,099

31,011
24,820
20,453
17,404
16,950

8,960
9,263
9,928
11, 262
12,818

1
Compiled by the American Gas Association and represents a revision of data that appeared in original form on p. 144 of the 1932 Annual Supplement and in revised
form on p. 19 of the May 1933, p. 20 of the May 1934, and p. 19 of the May 1935 issues, as wall as data shown in subsequent monthly issues until the April 1936 number,
wherein statistics for the month of December 1935 were last shown. The revisions resulted from the reclassification of manufactured and natural gas companies according
to the kind of gas they were distributing in 1934. If further changes in the classification between 1934 and 1935 have been made, thefigureswill all be revised according
to the 1935 classification. Thefiguresfor 1935 cover only those companies distributing natural gas during 1935. Such changes for that year that have been made resulted
mainly from the usual monthly revisions caused by the receipt of additional data. For 1936 data see p. 41 of this issue.




15

SURVEY OF CURRENT BUSINESS

August 1936

NET PROFITS OF CORPORATIONS
[In millions of dollars]
I
Total
Industrial corporations

Quarter

Number of companies

'__ _ _ . . .

Steel

Oil

Miscellaneous

Telephone
companies
(net operating
income)

00

Other
public
utilities
(net income)

168

28

13

19

17

12

13

11

55

251.1
314.4
341.1
296.8

96.4
135.9
123.5
76.0

36.3
27.0
38.0
32.0

18.4
23.3
23.5
23.0

10.0
11.9
13.1
13.8

4.0

5.7
6.1
8.2

8.1

18.6
29.3
20.7

33.9
42.9
46.6
56.8

44.0
49.1
61.0
66.3

62 7
65.8
60.9
63.7

59 1
51.1
46.3
66.7

1, 203. 4
300.9

431.8
108. 0

133.3
33.3

88.2
22.1

48.8
12.2

24.0
6.0

76.7
19.2

180.2
45.1

220.4
55.1

253.1
63.3

223.2
55.8

331.8
406,6
385.6
267.7

107. 6
143.7
102.2
33.0

44.7
35.5
42.3
41.3

22.8
25.9
29. 7
22.9

13.9
16.1
14.8
16.7

7.4
8.1
9.1
7.7

13.6
26.9
31.1
12.2

67.8
86.1
82.1
72.6

54.0
64.3
74.3
61.3

70.0
68.2
66.7
72.9

66.7
59.5
54.7
71.3

1,391. 7
347.9

386.5
96.6

163.8
41.0

101.3
25.3

61.5
15.4

83.8
21.0

277.8
69.5

252.2
63.1

59.9
75.2
27.1
21.1

35.2
32.7
29.7
26.1

21. 5
25.0
25.6
21.2

10.9
10.4
6.0
8.3

4.9
14.0
14.0
3 7.3

308.6
77.2
56 5
50.1
32.4
13. 4

253.9
63. 5

241.5
258.1
181.9
114.1

32.3
8.1
5.2
3.5
3.4
3.6

47.4
47.2
43.7
27.7

67 8
69.8
65.0
68.0

68 2
59.3
53.4
69.7

795. 6
198.9

183.3
45.8

123.7
30. 9

93.3
23.3

35.6
8.9

15.7
3.9

25.6
6.4

152.4
38.1

166.0
41.5

270.6
67.7 !

250. 6
62.7

96.4
133.5
81.8
3 8.2

31.1
65.7
13.9
3 22.9

25.1
26.5
26.0
21.4

19.6
23.7
21.2
17.5

2.8
3.6
.5
3 2.7

2.0
1.3
.9
.2

7.3
7.5
3 2.7
3 13. 9

21.0
24.4
22.7
3 2.0

69.2
72 3
67.0
64. 2

63. 9
61 2
51.8
63.9

303. 5
75.9

87.8
22.0

99.0
25.0

82.0
20.5

4.2
1.1

4.4
1.1

3 12.5
319.2
3.7
3 5.8
3 38.2
3 9.6

3 1.8
3.5

66.1
16.5

272.7
68.2

240. 8
60.2

7.1
3 4.5
3 31.7
3 58.0

.7
1.0
3 20.7
3 29.8

16.8
11.0
11.3
13.3

16.0
16.7
14.2
12.6

3 2.1
3 2.6
3 7.2

.1
3.6
3.9
3 2.3

3.3
3 2.7
3 2.0
3 12.3

58.7
59.1
51.8
54.6

56.4
51.0
40.1
51.1

3 48.8
3 12. 2

2 52.4
13.1

59.5
14.9

3 14. 5
3 3.6

3 3.7

3 2.0
5.2
3.1
3 1.3
5.0
1.3

3 25.2
3 33.0
3 34. i
331.0

3 87.1
3 21.8

3 123. 3
3 30.8

3 13. 7
3 3.4

224.2
56.1

198.6
49.7

3 43. 6
65.2
107.6
54.3

3 4.7
50.5
43.0
3 3.6

3 2.2

3 31. o
3 15.7
3 4.2
3 9.9

3 8.2
6.9
4.5

41.4
47.1
48.2
•••47.2

45.1
42.2
38.4
43.3

66.4
16.6

1.8
.5

3 3.2
1.1
2.3
2.6
3.6
.9

3 18.5
3 3.3
15.5
12.8

85.2
21.3

10.7
16.9
24.3
25.2
77.1
19.3

11.4
17.1
17.7
20.2

183.5
45.9

6.5
1.6

3 60.8
3 15.2

3.7
.9

183.9
46.0

169.0
42.3

79.6
132.1
72. 6
39.4

32.8
47.1
19.5
34.8

23.0
24.3
26.2
21.3

18.2
18.0
18.5
17.3

3.6

2.2

3.0

6.8

3.6
3.6

1.7

1.4
2.9

4.2

._ _

March 1928 _
—
June 1928
September 1928
December 1928—

3 9.6
14.9
3 17.3
3 10.9

6.4
15.1
13.0
10.4

47.5
49.4
42.1
46.3

45.6
43.2
33.2
41.6

._.

323.7
80.9

94.6
23.7

94.8
23.7

72.0
18.0

17.6
4.4

8.2
2.1

44.9
11.2

185.3
46.3

163.6
40.9

107.9
147.6
124. 7
199.8

45.7
68.8
35.5
75.1

24.1
24.2
31.6
41.6

14.0
16.0
18.0
19.6

5.1
7.3
6.2
7.4

2.8
3.0
1.9
4.0

1.6
6.6
11.3
10.1

3 22.9
35.7
.5
4.6
2.7
14.6

14.1
17.1
17.5
27.4

45.4
48.3
47.4
53.3

44.7
42.4
39.3
49.7

580.0
145.0

225 1
56.3

121. 5
30.4

67.6
16.9

26.0

11.7

29.6

22.4

7.4

5.6

76.1
19.0

194. 4
48.6

176.1
44.0

_

.. _

Year 1928
Quarterly average
March 1929
June 1929..
September 1929
December 1929

' .

_ _
.

Year 1929. __
Quarterly average...
March 1930
June 1930

Automobiles,
Maauto
Food chinery
parts
Chemi- products and ma- Metals
and
and accals
and bev- chine mining
cessories
erages manu(exclufacturers
sive of
tires)

. .

__

_-

S e p t e m b e r 1930
D e c e m b e r 1930
Y e a r 1930
Q u a r t e r l y average

-

M a r c h 1931
J u n e 1931
September 1931._
December 1931

_ - - _ • _ _
.
. . .

Year 1931

.

-

_

_ _

Quarterly average
March 1932
June 1932
September 1932 _
December 1932

.

Year 1932
Quarterly average

.

_
._._

_.

M a r c h 1933
J u n e 1933
September 1933
D e c e m b e r 1933.

-_

_

__.

Year 1933

Quarterly average

_

March 1934
June 1934
September 1934 _
December 1934-

_

_ _ ___••_•

Year 1934
Quarterly average

- .

March 1935
June 1935
September 1935
December 1935—

.

Year 1935
Ouarterlv averase

3 2. 6 •

3.6

2.1
2.5

6.5

3.9

2.9

7.7
3.4
14.5
3.6

.5

53

1
Compiled by the Federal Reserve Bank of New York. This tabulation represents a revision of data that appeared on p. 90 of the 1932 Annual Supplement (where it was
shown by quarters for the period 1925-31 inclusive) and in the monthly issues until May 1936 wherein data were last shown for the quarter ended September 1935. The
revision was occasioned because of mergers, bankruptcies, etc., which occurred during the years since the original tabulation was started. The revised series starts with
the year 1928, as comparable figures were not available for earlier periods. The revised tabulation includes a separate group for chemical companies not shown in the old
tabulation. There were 38 companies dropped from the old series of 163 companies and 43 added. For 1936 data see p. 34 of this issue.
2 The number of companies in 1928 was 98; in 1929, 1930, and 1931, 104; in 1932 and 1933, 103; in 1934 and 1935, 59. These differences are not particularly important,
since the companies excluded were small.
3 Deficit.




16

SURVEY OF CUREENT BUSINESS

August 1936

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

. Business activity:
New York Times*.,
...
Business week*
Commodity prices, wholesale:
Dept. of Labor, 1926=100:
Combined index (784)
Farm products (67)
Food (122)
All other (595)
Fisher's index, 1926=100:
Combined index (120)
Copper, electrolytict-Cotton, middling, spot..
Construction contractst
Distribution, carloadings
Employment: Detroit, factory.
Finance:
Failures, commercial.
Security prices:
Bond pricest
Stock pricest-------

1934
July July July July June July July July July
25 18 11
4
27
27 20
28
21
101.1 100.4 101.4 102.2 99.8 85.5 84.8 81.8 81.5
?76.7 76.6 75.5 77.3 74.3 63.8 64.4 61.3 61.6
80.2 80.1 80.3 79.5
81.4
82.5 80.2
81.0 81.3 81.8 80.!
79.5 79.4 79.2 78.9

79.4
80.2
81.0
78.8

79.2
77.1
82.2
77.9

79.1
75.1
77.2 64.5 66.1
82.0 70.8 71.2
77.9 78.5 78.6

83.2
83.8 83.1 82.6 82.6 81.7 77.8 78.1
67.4 67.4 67.4 67.4 67.4 56.5 56.5 63.8 63.8
48.5 48.5 50.4 46.0 45.6
45.2 47.8 47.8
64.3
64.8 47.6 36.5 21.1 24.5
76.2 75.1 75.5 67.8 74.4 62.2 61.8 63.6 64.3
103. 5 66.
83.9
104.3
34.6 33.4 34.4 39.8 40.5 52.8 51.4 52.8 57.5
115.6 115.4 114. 9 114. 6 114. 7 108. 2 108.3 105. 2 106. 5
137.5 135. 5 130. 5 129. 5 130. 4 103.0 101.8 80.6 86.7

* Data do not cover calendar weeks in all eases.

July July July July June July July July July
25
18 11
4
27
27 20
28 21
Finance—Continued.
Banking:
Debits, outside N . Y ; C.J_.
Federal Eeserve reporting
m e m b e r b a n k s :f
Loans, total
Interest rates:
Call loansj
Time loans i-_
M o n e y in circulation!
Production:
Automobiles
Bituminous coalt—.
Cotton, consumption
Electric powerf
-.
Lumber.
Petroleum
Steel ingots
Receipts, p r i m a r y m a r k e t s :
Cattle and calves
Hogs..
Cotton.
_„_•_
Wheat
,

' Computed normal= 100.

Preliminary.

91.1 104.4 111. 5 84.9 74.0 81.6 64.9 75.7

90.!

67.3 66.9

67.2

3.5

i4.0 67.4 67.6

24.2 24.2 24.2 24.2
6.1 6.1 24.2 24.2
28.6 28.6 28.6 28.
28.6 5.7 5.7 22.9 22.9
128. 6 129.1 127.4 113.4 114.0 109.3 110.0
'.7
126.9 127.
127.0 119. 3 128.4 132.0 130.7 108.6 109.1 91.1 96.4
71.5 69.1 67.0 76.4 67.5 61.8 53.7 58.2 56.2
116.2 112.1 109. 3 113.4
19.1 85.9 85.0
126.1 121. 8 117. 4 121.8 109. 5 108. 5 101.1
125.3 ]
\
69.1 67.9
64.3 69.1 67.9 70.3 55.8 43.8 36.7 31.5 27.0
142.2 143.0 141, 5 138.8 142, 5 131. 3 131. 5 122.3 124.5
94.7 92.1 88.2 97.4 94.7 59.2 55.3 35.5 36.8
55.3
78.6
44.8
20.4
235.8

79.8 84.9 71.0 77.5 62,6 70.1
41.7
41.3 41.7 29.1 27.1
13.5 14.2 20.8 22.7 34.6 24.2
314.0 285.3 115. 6 68.0 110. 2 85. 4
.

% Daily average.

180.8 196.1
61.2 73.8
31.9 32.3
105. 4 138.4

f Weekly average, 1928-30=100.

WEEKLY BUSINESS STATISTICS
1936

1935

July 25
COMMODITY PRICES, WHOLESALE
Copper, electrolytic, N e w York
dol. per l b . .
Cotton, Middling, spot, N e w York
dol. per lb_.
Food index (Bradstreet's)
__-dol. per lb_.
Iron a n d steel, composite..
dol. per t o n . .
W h e a t , N o . 2, h a r d winter (K. C.)
dol. per bu_.
FINANCE

BankingDebits, New York City
mills, of dol_.
Debits, outside of New York City, .mills, of dol..
Federal Reserve banks:
Reserve bank credit, total
.-..--mills, of del..
Bills bought.
mills, of doL.
Bills discounted
mills, of dol..
U. S. Government securities
mills, of dol_.
Member bank reserve balances....mills, of dol_.
Excess reserves, estimated
_..mills, of doL.
Federal Reserve reporting member banks:
Deposits, net demand, adjusted.._milis. of dol_.
Deposits, time
mills, of dol..
Investments, total
mills, of dol_.
U. S. Government direct obligations
mills, of dol_.
Obligations fully guaranteed by U. S. Government
mills, of doL.
Loans, total
mills, of doL.
On securities
mills, of doL.
Allother
mills, of dol..
Interest rates, call loans
percent _.
Interest rates, time loans
percent-.
Exchange rates:
French franc (daily av.)
cents..
Pound sterling (daily av.)
...dollars..
Failures, commercial
number..
Money in circulation—
mills, of doL.
Security markets:
Bond sales (N. Y. S. J5.)__thous. of dol. par value..
Bond prices, 40 corporate issues..-.
dollars..
Stock sales (N. Y. S. E.)
thous. of shares..
Stock prices (N. Y. Times)
dol. per share..
Stock prices (Standard Statistics) (419) ..1926=100..
Industrial (347)...
.„.___
1926=100..
Public utilities (40).
1926=100..
Railroads (32)
.1926=100..
PRODUCTION, CONSTRUCTION, AND
DISTRIBUTION
Production:
Automobiles (Cram's estimate)
.
.number..
Bituminous coal (daily a v . ) . . t h o u s . of short t o n s . .
Electric power. __
mills, of k w . - h r . .
Petroleum
thous. of bbl_.
Steel ingots (Dow-Jones, est.)
pet. of c a p a c i t y . .
Construction-contract awards (da. a v . ) _ t h . of d o l - .
Distribution:
Freight-car loadings, total
__cars__
Coal a n d coke
cars.,.
Forest products
cars..
Grain a n d p r o d u c t s . .
cars..
Livestock
cars..
Merchandise, 1. c. 1
.
cars..
Ore
cars..
Miscellaneouscars..
Receipts:
Cattle a n d calves.
.
thousands..
Hogs
.
thousands..
Cotton into sight
thous. of b a l e s . .
Wheat at primary market
thous. of bu~.

•Data do not cover calendar weeks in all cases.




July 18

July 11

0.093
.132
2.76
33.51
1.11

0.093
.132
2.74
33.49
1.11

0.093
.137
2.76
33.48
1.11

0.093
.125
2.66
33.48
1.00

0.093
.124
2.65
32.79
1.02

3,883
4,212

3,472
4,226

3,761
4,036

4,743
5,171

2,466
3
3
2,430
5,935
2,986

2,478
3
3

14,857
5,014
14,098

14,746
4,999
14,102

2,472
3
3
2,430
5,814
2,883
14, 630
4,999
14,105

9, 471

9,488

1,277
8,348
3,219
5,129
1.00
1.25

1,276
8,412
3,358
5,154
1.00
1.25

6,617
5.02
141
6,160

1933

July 20

July 28

July 21

0.093
.122
2.62
32.77

0.078
.122
2.60
32.55

0.078
.123
2.58
32.42
.95

0.088
.130
2.18
32.28
LOO

0.088
.130
2.17
32.28

0.088
.105
1.99
29.88
.90

3,469
3,937

4,840
4,445

3,548
3,429

4,185
3,783

2,861
3,011

3,528
3,511

4,377
3,274

2,473
3
4
2,430
5,589
2,670

2,472
3
6
2,430
5,308
2,438

2,480
3
7
2,430
4,894
2,043

2,460
5
6
2,430
4,945
2,335

2,472
5
7
2,430
4,924
2,340

2,456
5
21
2,432
4,020
1,873

2,460
5
23
2,432
3,987
1,851

2,201
10
163
2,028
2,306
473

14, 679
5,011
14,159

14, 563
5,059
14,124

14,431
5,021
14,121

13,132
4,851
12,123

13,138
4,839
12,096

13,436
5,019
10,494

13,367
5,028
10,493

11,035
4,942
8,455

9,493

9,510

9,474

1,277
8,357
3,342
5,015
1.00
1.25

1,289
8,460
3,319
5,141
1.00
1.25

1,302

6.627
5.03
136
6,199

6.627
5.02
140
6,243

56,260
103. 51
7,782
133. 46
112.7
128.2
108.4
53.2

79,470
103.33

96,863
1,217
2,088
2,961
72

June 27

June 20

1934

July 27

2,430
5,872
2,923

July 4

J u l y 29

8,073

8 ; 044

7,186

7,200

5,364

3,327
5,069
1.00
1.25

1,302
8,538
3,395
5,143
1.00
1.25

1,013
7,931
3,101
4,830
.25
.25

7,993
3,139
4,854
.25
.25

8,421
3,661
4,760
1.00
1.00

8,447
3,692
4,755
1.00
1.00

5,085
1.00
.50

6.630
5.02
162

6.607
5.02
165
6,188

6.585
5.03
192
6,085

6.613
4.96
215
5,509

4.96
209
5,538

5.04
215
5,310

6.597
5.04
234
5,342

5.377
4.58
333
5,619

57,890
102. 89
6,534
126. 77
106.4
121.0
104.0
48.7

41, 360
102. 60
4,652
125. 77
106.5
121.6
102.5
48.3

50,170
102. 68
5,791
126. 68
108.0
123.4
103.9
48.6

54, 610
102. 79
5.147
125.92
106.3
121.1
103.7
48.0

50,400
96.89
7,464
100.01
80.0
92.9
72.4
34.8

49, 905
97.01
6,282
98.84
79.1
91.7
72.6
34.1

80;483
94.17
10,842
78.31
67.5
75.5
65.9
37.3

55,220
95.35
4,173
84.24
72.7
81.4
69.4
41.9

48,200
87.98
12,848
84.32
74.5
77.4
90.7
47.6

91,027
1,176
2,100
2,978
70
9,666

97, 933
1,141
2,030
2, 948
7

100,678
1,301
1, 956
2,892
74

99, 695
1,150
2,030
2,969
72
10, 400

100,733
1,121
2,005
2,963
72
8,658

1,052
1,824
2, 735
45
7,642

83, 255
914
1,807
2,739
42
5,863

69, 562
991
1,684
2,547
27
3,388

73, 579
957
1,664
2,593
28
3,930

64,425
1,268
1,662
2,698
55
2, 619

731,062
121, 558
34, 700
55, 022
13, 648
162,337
55,174

720,402
117,170
33, 988
58, 555
12,315
160,472
53, 680
284, 222

724,324
116, 717
31,020
56,250
14,402
163,116
54,979
287,840

649, 759
113,463
30,910
41,972
11, 396
142,052
45, 337
264,629

713, 639
122, 493
36,030
41, 738

592,672

12,811
161,300
49,462
289,805

690,716
112, 290
34,380
34,064
11, 686
160,889
50,485
286,922

28,415
33, 384
9,672
154,978
34,700
226, 707

610,042
106,198
21, 713
43, 627
26, 295
158,514
30,803
222,892

616, 040
102,215
22,071
47,171
26, 214
158, 636
32,496
227, 237

644,839
136, 583
28,017
33,529
15,080
172,872
28, 282
230,476

248
291
53
18, 758

252
271
35
24, 975

268
317
37
22, 699

224
268
54
9,194

245
271
59
5,411

228
265
61
2,121

221
176
63
6,794

571
397
83
8,381

622
479
84
11,006

236
420
128
8,224

131.8
111.2
126.3
108.1
52.7

595,572
107,476
28, 682
33, 357
9,672
154,978
34, 700
226, 707
198
189
90
8,766

17

SURVEY OF CURRENT BUSINESS

August 1936

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 thefiguresquoted. 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. Note, however, that many revisions have occurred since the last Annual Supplement was published. A special supplement was Included in the April 1935 issue, pages 57 to 72, inclusive. This supplement gave the
monthly averages of all current series for the years 1933,1933, and 1931.
The terms "unadjusted" and "adjusted" used to designate index numbers refer to the adjustment for
seasonal variation.
Data subsequent to June 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

1935

1936
June

June

July

1936

August Septem- October Novem- December
ber
ber

January

February

March

92.3
103.0
135.6
90.9
42.3
114.4
97.6
70.7
82.0
76.3
105.6
65.8
69.5
124.0
76.0

88.9
89.8
116.5
89.2
42.7
104.9
97.4
71.6
73.8
67.5
109.4
59.8
67.0
117.3
68.1

89.4
109.9
117.5
87.4
52.8
107.6
96.2
71.5
77.6
68.0
96.3
65.8
70.2
107.2
74.1

April

May

BUSINESS INDEXES
BUSINESS ACTIVITY (Annalist) f
98.2
Combined index
_ .normal=100. _
112.9
Automobile production
normal=100__
_
Boot and shoe production. _ .normal=100. _
92." §"
Carloadings, freight - ._ _ normal=100—
Cement production
normal=100. _
Cotton consumption
normal=100..
Iiiri"
100.8
Electric power production___normal=100__
84.7
Lead production
normal= 100—
82.7
Lumber production .
. .normal=100__
91.3
Pig-iron production.
normal=100._
129.8
Rayon consumption
. _ normal=100__
70.3
Silk consumption
normal=100- _
97.0
Steel-ingot production
normal=100. _
Wool consumption.
.normal=100..
88."0
Zinc production
normal=100..

82.0
82.4
103.2
80.2
52.1
84.2
93.8
72.0
52.5
54.3
106.2
75.2
57.9
125.3
70.5

82.7
82.1
115.1
76.3
45.9
90.0
94.7
75.9
64.1
55.2
109.6
78.2
58.3
140.0
72.1

84.9
65.5
110.6
78.1
40.4
88.0
96.2
74.1
73.9
63.8
117.7
79.5
72.9
139.7
70.6

86.1
45.6
114.2
80.4
43.0
98.6
95.2
75.2
80.8
68.3
116.4
91.5
76.9
125.9
72.1

89.1
77.6
115.2
84.8
45.7
108.7
94.9
79.2
77.8
73.6
112.3
92.4
76.9
151.9
68.7

92.0
118.1
119.8
87.3
51.8
103.0
96.9
79.3
76.0
80.0
112.3
76.2
80.9
141.2
70.8

96.7
120.8
148.5
93.7
55.4
115.8
97.9
84.2
78.6
84.5
119.9
78.5
86.6
133.0
74.3

94.0
117.6
112.3
91.0
63.3
112.4
98.3
79.7
75.3
80.8
105.3
70.2
85.6
86.2
81.7

95.7
112.6
111. 9
93.1
66.2
105.4
100.0
- 82.6
82. 8
85. 7
104 5
68^6
91.3
89.3
84. 3

INDUSTRIAL PRODUCTION (F.R.B.)
90
86
95
83
P104
96
96
95
97
97
87
Total, unadjusted
1923-25=100103
105
93
83
89
95
95
97
105
98
96
°84
*105
87
Manufactures, unadjusted 1923-25 =100..
105
124
93
108
125
98
134
149
124
77
28
112
69
Automobilest
1923-25=100..
142
42
29
29
59
46
63
92
70
87
58
59
71
57
Cement
1923-25=10086
82
92
86
82
87
73
85
86
81
74
74
Food products
1923-25=10082
194
201
193
192
202
196
165
169
235
174
181
168
Glass, plate.1923-25=100231
94
87
83
89
90
113
66
111
85
83
64
79
Iron and steelf
1923-25=100114
P100
113
104
100
109
110
Leather and shoesf
1923-25=100..
106
115
120
107
116
«108
*103
Lumber
1923-25=100
Paper and printing
1923-25=100—
172
166
170
174
167
168
176
178
173
169
Petroleum refining
1923-25=100—
178
179
89
99
107
97
95
81
85
99
113
91
91
Rubber tires and tubes
1923-25=100—
121
100
64
27
92
138
107
105
35
22
51
Shipbuilding
1923-25=100..
116
118
102
108
116
111
105
110
106
94
103
97
99
Textiles
_
1923-25=100- •~~y 161"
100
135
141
143
161
132
119
150
148
140
140
152
139
Tobacco manufactures
1923-25=100..
147
a
92
100
106
96
97
100
89
99
95
84
85
Minerals, unadjusted
1923-25=100..
94
100
P57
62
69
99
40
65
75
65
50
85
51
36
Anthracite
—1923-25=100
69
a 6g
80
*66
71
82
61
50
88
98
57
Bituminous coal
1923-25=100 .
83
70
71
157
102
119
105
105
109
37
Iron-ore shipments
1923-25=100—
120
70
56
64
63
56
57
70
70
70
57
Lead
1923-25=10060
69
73
0
P149
140
141
142
142
143
139
136
136
137
145
150
Petroleum, crude
_1923-25=100150
74
68
101
46
59
62
81
100
68
73
99
Silver
_
1923-25=10097
88
90
82
86
89
82
99
76
95
78
79
75
75
Zinc
1923-25=10095
94
104
97
103
86
87
98
93
100
95
90
86
Total, adjusted
1923-25= 100..
101
104
97
91
104
88
98
91
93
95
84
86
Manufactures, adjusted
1923-25=100..
99
100
110
90
93
125
110
114
69
119
99
109
124
94
77
Automobilest
1923-25=100
J.10
74
49
52
47
58
52
59
47
44
59
Cement
1923-25=100..
58
71
74
88
74
74
84
83
78
76
82
83
Food products
1923-25=10092
87
90
84
161
179
192
162
169
193
269
200
167
178
225
211
Glass, plate
1923-25=100212
83
88
103
96
83
113
66
81
69
83
86
100
Iron and steelf
1923-25=100105
a
P104
111
105
124
109
104
104
105
109
Leather and shoest
.1923-25=100118
107
«110
112
Lumber
1923-25=100—
Paper and printing...
1923-25—100..
173
172
166
176
169
168
Petroleum refining
1923-25=100..
172
176
169
168
178
180
82
104
133
116
96
77
142
102
79
83
92
Rubber tires and tubes—1923-25=100..
95
141
119
129
138
120
48
179
64
21
15
35
Shipbuilding
1923-25=10094
102
106
105
100
100
113
111
106
100
105
104
Textiles
1923-25=100.. """VlO7"
100
147
140
148
148
152
138
147
129
137
138
140
130
Tobacco manufactures
1923-25= 100—
145
0
103
98
*99
110
95
105
93
101
87
92
84
81
Minerals, adjusted
...1923-25=100..
101
P66
93
70
48
48
71
65
48
97
62
36
Anthracite
1923-25=100..
63
69
58
*75
92
70
84
80
75
78
71
79
55
58
Bituminous coal
1923-25=100 .
76
80
62
Iron-ore shipments.....-.-1923-25=100..
62
53
54
50
44
80
69
59
55
60
59
Lead
1923-25=100..
68
70
67
62
63
59
70
75
133
143
146
140
146
148
135
144
*146
134
133
Petroleum, crude
1923-25=100..
150
«149>
103
90
96
80
93
75
68
71
68
47
73
59
Silver
1923-25=10091
103
80
84
81
84
84
82
79
80
Zinc
1923-25-100_.
85
77
91
94
• Revised.
» Preliminary.
f Revised series, refer to the indicated pages of the monthly issues for revisions. The Annalist indexes of business activity have been revised for the period 1923-36,.
Revisions not shown above are in the 1936 supplement. Federal Reserve Board indexes, leather and shoe production, January 1919-October 1933, January 1934, p. 19;.
automobile and steel production for 1933, September 1934, p. 22; leather and shoe production, 1935, p. 22, April 1936.

83026—36-




18

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

1935

1936
June

August 1936

June

July

1936

August Septem- October Novem- December
ber
ber

January

February

March

April

May

BUSINESS INDEXES—Continued
MARKETINGS
Agricultural products * (quantity)
1923-25=100Animal products
.1923-25=100Dairy products 1923 25=100—
Livestock...
1923-25=100Poultry and eggs
1923-25=100—
Wool
1923-25=100Crops
1923-25=100.
Cotton
1923-25=100..
Fruits
1923-25=100 . .
Grains
1923-25=100Vegetables
._.
.1923-25=100—
Agricultural products, cash income received
from marketings of:*t
Crops and livestock: ,
Unadjusted
1924-29=100Adjusted..
— — . . 1924-29=100Crops, adjusted
. —.. —.1924-29=100—
Livestock and products, adjusted
1924-29=100Dairy products, adjusted..1924-29=100..
Meat animals, adjusted—.1924-29=100Poultry and eggs, adjusted. 1924-29=100STOCKS
Domestic stocks
1923-25=-100—
Manufactured goods .
1923-25=100—
Chemicals and allied prod. 1923-25=100..
Food products
- 1923-25=100—
Forest p r o d u c t s . . . .
..1923-25=100..
Iron and steel products
1923-25=100Leather
—
1923-25=100..
Metals, nonferrous.-.—1923-25=100Paper 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=100Textile materials.
1923-25=100..
World stocks—foodstuffs and raw materials:
Total} A
1923-25=100..
Coffee—adj. for seasonal...1923-25=100—
Cotton—adj. for seasonal-.1923-25=100Rubber—adj. for seasonal f. 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..

74
94
142
66
114
380
53
25
64
63
99

61
81
144
52
98
315
40
19
69
31
103

70
' 86
145
58
81
510
53
32
88
59
68

78
75
109
65
63
256
80
63
85
109
45

106
76
100
72
65
146
136
200
85
107
73

124
82
89
84
69
89
167
280
126
85
103

98
77
72
69
106
83
119
202
66
66
71

78
76
74
68
106
40
79
119
65

68
74
85
74
70
48
61
72
58

57
61
85
57
59
35
53
57
65

49
59

46
74

34
85

69.0
80.0
80.5

52.0
60.0
54.5

53.5
60.5
54.5

64.5
62.5
54.5

75.5
63.5
55.0

94.0
67.0
58.0

78.0
66.5
57.0

70. 5
66.0
55.5

66.0
68.0
56.0

79.0
76. 5
79.0
85.0

66.5
73.0
59.5
77.5

67.0
71.5
61.5
77.5

70.5
71.0
73.0
68.0

72.5
74.0
70.5
77.5

76.5
73.0
79.0
79.0

76.5
75.0
75.0
90.0

76.5
79.5
76.5
80.0

104
107
121
77
112
119
80
125
80
117
153
102
102
71
94
84
137

110
105
117
83
113
102
79
155
63
114
168
127
114
81
93
101
168

110
107
117
90
114
101
79
159
72
113
170
107
113
78
102
90
155

115
106
114
89
113
105
78
155
70
112
165
103
121
79
120
92
157

127
106
120
87
114
107
79
148
63
114
162
99
141
98
136
96
186

136
104
117
77
114
108
79
136
55
114
154
101
160
115
144
88
225

136
101
118
63
115
109
81
124
47
115
161
103
161
111
141
88
235

213
348
148
375
211
275
151
69
163

205
350
136
392
177
259
147
63
172

209
357
147
3S4
179
246
139
64
174

212
370
159
370
194
226
136
67
188

213
378
169
355
176
228
133
64
188

215
399
169
328
166
269
129
72
176

404
160
285

68

67
77
95
65
108
37
56
41
72

65
80
98
64
120
46
50
35
79

51
98

43
84

55.0
65.5
56.5

59.5
67.0
58.0

57.5
69.5
60.0

80.5
84.0
84.0
69.0

75.5
85.0
75.0
62.5

76.5
82.0
75.0
78.0

79.5
82.5
82. 5
73.5

74.5
76.0
73.0
79.0

133

127

122

115

104

109

«106

103

105

104

102

102

128
62
108
110
82
121
65
115
152
100

°125
66
107
116
81
122
61
116
150
102

115

108

121
66
117
109
79
122
39
115
170
105

124
70
114
110
83
119
64
115
166
104

132
65
112
122
81
115
61
113
167
104

133
62
109
115
80
119
70
115
156
100

154

144

107
127
86
233

98
112
87
225

134

123

88
103
86
213

81
97
84
194

213
419
170
322
163
248
128

212
394
165
319
184
256
124

207
400
154
319
197
263
123

66
186

64
172

75
152

68
84
114
60
128
164
a 51
31
82
°48
94

°62.0
72.5
°70.0
a

76
93
72
177

73
«95
°73
156

206
413
161
306
186
264
133

203
«403
161
300
186
268
139

P200

77
137

64
134

77
124

387
170
«281
173
256
138

COMMODITY PRICES
COST OF LIVING (N.I.C.B.)
84.1
84.4
84.8
84.8
84.3
83.9
83.5
84.3
83.0
84.6
82.6
86.0
82.7
Total, all groups
1923=100..
73.6
74.0
73.8
74.1
74.5
74.6
74.5
74.4
74.2
74.3
74.4
73.3
74.5
Clothing
1923=10085.0
85.7
84.3
84.3
86.9
86.1
87.2
83.3
83.7
84.8
85.2
89.0
84.2
Food.—...—
.1923=10084.6
Fuel and light..
1923=10087.1
87.1
86.6
86.7
86.6
86.7
83.7
84.0
84.7
86.2
84.5
83.7
77.1
74.7
75.9
73.9 • 74.1
73.0
73.4
70.5
71.5
72.1
72.7
77.6
69.9
Housing...
1923=10093.6
93.5
93.7
93.7
93.4
93.4
93.4
93.1
93.1
93.1
93.4
93.6
92.7
Sundries——..—1923=100FARM PRICES (Dept. of Agri.) §t
110
108
109
109
104
109
107
102
104
106
105
103
107
Total, all groups
_
1909-14=100117
99
126
101
97
Chickens and eggs
_„ 1909-14=100121
140
135
107
111
132
108
103
95
93
90
96
96
94
99
98
102
97
94
103
Cotton and cottonseed
1909-14=100..
96
120
102
118
•123
114
106
111
118
97
98
104
99
106
Dairy products
.
1909-14=100..
89
82
94
89
103
92
83
92
98
87
82
100
115
Fruits
1909-14=10092
92
97
89
88
Grains.
_—__ 1909-14=10092
90
89
96
96
101
102
87
122
122
131
125
118
125
117
120
116
129
125
119
Meat animals
1909-14=100120
118
101
105
107
77
117
136
136
93
92
120
96
99
Truck crops
—
1909-14=100—
112
94
96
97
Miscellaneous
„ _ 1909-14=10091
94
103
108
85
102
103
86
120
RETAIL PRICES
Department of Labor indexes:
162
158
153
150
147
164
Coal*
—1913=100..
82.0
81.5
80.5
80.1
80.2
81.7
79.6
81.5
80.6
79.5
79.7
Foodi
- .
...1923-25=100- ~""83.~8~
79.9
Fairchild's index:*
88.2
88.0
87.6
85.2
88.3
86.6
85.7
88.1
85.7
88.3
88.1
88.1
87.9
Combined i n d e x —
Dec. 1930=100—
Apparel:
92.7
92.6
93.4
92.7
93.4
92.7
93.2
92.7
92.9
93.5
92.6
92.8
92.8
Infants'wear
. . . . . D e c . 1930=100..
87.5
87.3
87.4
87.3
87.3
87.2
87.3
87.1
87.2
87.2
87.2
87.1
87.4
Men's.
Dec. 1930*10089.9
89.5
89.8
89.5
89.5
89.4
89.4
88.4
88.8
89.1
87.9
88.1
90.2
Women's
Dec. 1930*100..
89.3
89.2
89.2
89.2
89.3
89.1
89.2
87.8
88.5
89.0
87.8
87.7
Home furnishings
Dec. 1930=100..
89.2
84.6
Piece goods
Dec. 1930=100..
84.5
84.5
84.7
84.6
84.9
84.7
84.8
84.9
84.8
84.3
84.6
84.9
• Revised, p Preliminary.
• New Series. See pp. 16-19 of the May 1934 issue, cash income for marketings of agricultural products, p. 19 of the December 1932 issue, Fairchild's price index, and
pp. 10 and 20 of the March 1933 issue, quantity marketings.
§ Data for July 15, 1936: Total 115 chickens and eggs 106, cotton and cottonseed 105, dairy products 116, fruits 117, grains 109, meat animals 119, truck crops 115,
miscellaneous 131.
t Index of farm prices has been completely revised. For earlier data see p. 20 of the November 1934 issue. World stocks—revised total, rubber adjusted and sugar
adjusted indexes for January 1927-June 1932, appeared on p. 20 of the September 1932 issue. Cash income for marketings of agricultural products revised from January 1933June 1935. For revisions see p. 19 of the September 1935 issue. World stocks—total revised for period 1920-1935, see p. 20 of the May 1936 issue.
• Monthly retail prices of coal were discontinued with the month of August 1935. Subsequent to that date the price will be shown quarterly.
J This series has been completely revised. Revised indexes for months not shown in the December 1935 issue will appear in subsequent issue. Index computed every
2 weeks; monthly index is figure taken nearest the middle of the month; prior to Aug. 15,1933, index computed once a month.
A See footnote on p. 24 marked, "<?".




19

SURVEY OF CURRENT BUSINESS

August 1936
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

1936
June

1935

June

July

1936

August Septem- October Novem» Decem- January
ber
ber
ber

February

March

April

May

COMMODITY PRICES—Continued
WHOLESALE PRICES
Department of Labor index:
79.2
Combined index (784)...
1926=100 .
Economic classes:
80.7
Finished products
___1926=100._
77.6
Raw materials.;
1926=100 73.9
Semimanufactures
1926=100..
Farm products
...1926=100 .
78.1
73.0
Grains
1926=10083.2
Livestock and poultry
1926=100—
79.9
Foods
.
1926=10077.6
Dairy products—
...1926=100—
82.0
Fruits and vegetables
1926=10085.1
Meats <
.
1926=100..
78.8
Other products.
1926=10085.8
Building materials
1926=100 _
89.2
Brick and tile
.1926=10095.5
Cement
1926=100
82.1
Lumber
1926=10078.0
Chemicals and drugs.
1926=100—
84.3
Chemicals..
...—1926=100Drugs and Pharmaceuticals
73.2
1926=10064.0
Fertilizer materials
1926=10076.1
Fuel and lighting
1926=100..
Electricity
1926=100Gas
...1926=100..
Petroleum products
1926=100.. ~"~~57.~7~
93.8
Hides and leather
..1926=100..
99.7
Boots and shoes..........1926=* 100..
89.0
Hides and skins..
1926=100—
83.2
Leather
...1926=10081.4
House-furnishing goods
1926=100—
77.5
Furniture
.1926=100
85.2
Furnishings
.1926=100.
86.2
Metals and metal products. 1926=100—
86.3
Iron and steel.
.1926=100..
70.0
Metals, nonferrous.1926=100..
Plumbing and heating equipment
73.8
1926=100..
Textile products
1926=100..
69.7
Clothing..__
1926«10080.9
Cotton goods . _
1926=100
75.4
60.3
Knit goods
..........1926=10029.3
Silk and rayon..
1926=100..
82.6
Woolens and worsted
1926=100..
Miscellaneous
—1926=100
69.7
47.5
Auto tires and tubes
1926=100—
80.6
Paper and pulp
1926=100..
Other wholesale price indexes:
76.3
Bradstreet's (96)
1926=100..
Dun's (300).
-1926=100..
94.5
World prices foodstuffs and raw materials:* c?
51.4
Combined index
..1923-25=10043.5
Coffee—
1923-25=100..
44.1
Cotton
..-1923-25=100..
37.1
Rubber
„
1923-25=100 _
22.3
Silk
1923-25=100..
71.1
Sugar
1923-25=100..
64.1
Tea
1923-25=100..
Tin
1923-25=100..
84.0
54.6
Wheat
1923-25=100..
Wholesale prices, actual. (See under respective commodities.)

79.8

79.4

80.5

80.7

80.5

80.6

80.9

80.6

80.6

79.6

79.7

78.6

82.2
76.4
73,9
78.3
76.9
84.8
82.8
74.6
68.7
94.5
78.0
85.3
89.2
94.9
81.6
80.7
86.3

82.0
75.8
72.8
77.1
78.3
82.8
82.1
74.0
65.1
93.3
78.0
85.2
89.1
94.9
81.7
78.7
84.6

83.0
77.1
73.2
79.3
79.3
91.6
84.9
75.7
60.5
102.0
77.9
85.4
89.0
94.9
82.0
78.6
84.3

83.1
77.3
74.4
79.5
83.5
92.0
86.1
76.0
60.0
102.9
77.8
85.9
88.8
94.9
82.1
80.2
86.9

82.7
77.1
76.3
78.2
86.4
86.6
85.0
76.9
59.1
97.1
78.3
86.1
88.3
95.5
82.0
81.1
88.3

82.7
77.2
76.2
77.5
77.9
83.1
85.1
81.1
63.2
94.3
78.8
85.8
88.3
95.5
81.8
81.2
88.4

83.1
77.7
75.2
78.3
76.6
87.4
85.7
83.7
63.7
97.5
78.7
85.5
88.9
95.5
81.5
80.6
87.7

82.4
78.1
74.8
78.2
78.9
89.1
83.5
812
62.2
94.9
78.8
85.7
88.4
95.5
82.2
80.5
87.6

82.2
79.1
74.6
79.5
78.3
90.3
83.2
85.7
62.4
92.1
79.0
85.5
88.4
95.5
82.3
80.1
87.0

81.3
77.4
74.4
76.5
75.6
88.3
80.1
80.3
65.1
89.7
78.9
85.3
88.9
95.5
82.6
79.3
85.9

81.6
77 0
74.5
76 9
73.9
88.3
80.2
78.8
67.8
91 0
78.9
85 7
89.0
95.5
83.2
78.5
85.5

80.5
75 8
74.1
75.2
70.6
82.5
78.0
75.0
72.3
85 1
78.8
85.8
88.8
95.5
83. 0
77.7
84.1

74,3
65.7
74.2
90.2
95.2
53.2
88.9
97.3
78.0
80.5
80.5
77.1
83.9
86.9
87.1
69.1

74.0
65.7
74.7
87.8
94.0
52.9
89.3
97.8
79.8
80.2
80.4
76.8
84.0
86.4
87.0
66.1

73.8
66.8
74.1
86.7
91.8
52.4
89.6
98.3
80.4
80.2
80.5
77.0
84.0
86.6
87.1
66.9

73.8
67.2
73.0
87.5
91.9
50.6
90.9
98.3
83.8
83.0
80.5
76.9
84.0
86.6
86.8
68.6

74.2
67.2
73.4
86.3
89.0
50.1
93.6
98.8
92.9
86.6
80.6
76.9
84.2
86.5
86.9
70.9

74.7
67.5
74.5
86.2
86.6
52.5
95.0
99.6
96.0
88.1
81.0
77.1
84.7
86.9
87.0
71.3

74.7
64.5
74.6
84.9
84.5
52.8
95.4
100.1
96.5
87.6
81.0
77.1
84.7
86.8
86.9
70.6

70.4
64.4
75.1
83.1
83.2
54.4
97.1
100.5
100.5
87.3
81.4
77.9
84.8
86.7
87.1
69.7

73.2
64.5
76.1
86.2
82.1
55.7
96.1
100.5
96.7
86.0
81.5
77.9
85.0
86.7
86.9
69.7

73.0
64.8
76.2
84.4
84.4
56.0
94.9
100. 4
91.0
85.0
81.4
77.9
84.9
86.6
86.3
69.9

73.2
64.6
76.4
82.8
84.8
57.9
94.6
100.3
90.1
84.5
81.5
78.0
85.0
86.6
86.3
70.4

73.2
64.7
76.0
84.2
87.3
58.2
94.0
100. 2
87.3
84.4
81.5
77.9
85.0
86.3
86.3
70.7

66.2
70.1
80.7
82.5
59.5
27.2
75.6
68.4
45.0
79.7

68.8
70.2
80.7
82.0
59.9
27.9
76.4
67.7
45.0
79.7

71.1
70.9
80.5
82.5
60.2
31.0
76.4
67.3
45.0
79.7

71.1
71.8
80.8
83.2
61.6
32.9
76.9
67.1
45.0
79.7

71.1
72.9
80.8
84.5
63.2
35.1
79.1
67.5
45.0
79.7

71.1
73.4
80.7
85.8
63.2
35.0
80.7
67.4
45.0
79.4

71.1
73.2
81.0
86.0
62.2
33.7
81.0
67.5
45.0
79.2

71.7
71.7
80.8
80.4
61.8
33.5
81.4
67.8
45.0
79.8

73.8
71.0
80.7
78.1
62.0
31.6
82.8
68.1
45.0
79.9

73.8
70.8
80.7
77.1
62.1
30.9
83.8
68.3
45.0
80.3

73.8
70.2
80.8
76.2
62. 0
30.1
82.2
68 6
45.0
80.5

73.8
69.8
81.1
75 5
60.6
29.1
82.2

76.2
90.7

76.8
90.9

77.5
90.6

78.8
94.1

79.6
94.7

80.5
94.2

80.2
94.4

77.6
94.9

76.8
95.2

76.3
92.1

76.0
92.0

75.4
91.3

47.6
41.0
43.8
29.3
19.2
60.3
61.0
101.6
50.2

47.9
40.5
44.9
28.3
20.2
58.6
65.1
104.0
51.2

48.2
40.0
42.3
28.0
23.8
59.6
66.3
100.3
54.7

49.6
42.5
39.7
26.9
26.1
64.8
77.1
97.6
58.0

52.2
43.5
41.2
29.7
29.1
67.8
77.0
101.9
62.7

50.3
42.0
44.1
30.7
29.2
62.8
67.9
103.2
54.9

49.5
42.0
44.5
30.8
27.4
55.6
66.0
99.0
59.2

51.2
45.0
43.8
33.6
27.2
59.1
67.8
94.0
63.1

50.5
47.0
42.6
36.3
24.9
61.1
69.5
95.3
58.1

51.3
44.5
41.9
37.2
24.2
65.8
70.1
95.5
58.7

52.1
43.0
43.0
37.4
23.5
71.0
70.9
93.4
56.6

51.3
42.5
43.0
36.6
22.4
70.3
68.0
92.1
55.2

126.2
122.7
141.4
123.2

126.8
124.7
144.1
123.3

125.1
125.6
138.7
122.7

124.8
124.8
137.4
122.0

125.1
124.2
135.0
121.4

125.0
122.7
136.1
120.8

124.5
122.0
133.7
120.0

125.0
122.4
135.0
120.0

125.0
124.1
135.0
120.6

126.5
125.8
141.4
121.1

126.4
125.5
140.1
120.8

128.1
125.2
142.7
120.3

69*. 2
47.5
80.5

PURCHASING POWER OF THE
DOLLAR•
Wholesale prices
Retail food prices 1
Farmpricesf
Oost of living

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

127.1
119.3
137.4
118.3

CONSTRUCTION AND REAL ESTATE
CONSTRUCTION CONTRACTS
AWARDED
Contracts awarded, F. R. B.:%
44
39
56
35
44
47
40
45
53
50
53
Total, unadjusted
1923-25=i00._
53
56
22
25
24
21
40
26
25
25
22
28
35
Residential
^
1923-25=100..
25
48
30
35
38
43
48
61
52
47
Total, adjusted
1923-25=100..
67
47
46
60
<*32
Residential
1923-25=100..
36
24
25
24
25
25
26
25
25
26
30
26
F. W. Dodge Corporation (37 States):A
Total, all types:
6,442
7,724
10, 514
10,450
9,978
13, 242
10,929
10,655
11,385
9,256
8,249
13,338
Projects
.....—
number.. 13,352
Valuation
.
thous. of dol.. 233,055 148,005 159,258 168,557 167,376 200,596 188,115 264,137 204,793 142,050 198,978 234,632 216,071
Nonresidential buildings:t
3,411
2,761
2,355
3,059
3,325
3,106
3,792
3,436
3,307
2,778
3,318
2,753
2,796
Projects.
number..
15, 629
Floor space
thous. of sq. ft— 15,916
9,075
8,288
9,632
8,602
10,813
11,680
20,680
16,047
11,384
15,098
17,343
59,036
90,480
62,611
56,969
58,489
49,420
59,180
81,460
94, 068
82,252
Valuation
thous. of dol.-, 79,079
68,080 124,506
o Revised.
* New series. For earlier data on the following subjects refer to indicated pages of the monthly issues as follows: World prices, p . 20, September 1932; Purchasing
Power of the Dollar (except for farm prices), p. 18, August 1933.
t Revised series. For revisions of construction contracts awarded on nonresidential buildings for years 1930,1931, and 1932, refer to p . 20 of the September 1933 issue.
Farm prices (purchasing power) are on p. 20 of the April 1935 issue.
A A continuation of the statistics shown on pp. 30 and 32, of the 1932 annual supplement, by classes, for the years 1932 and 1933 was published on p . 19 of the August
1934 issue and for 1934 on p. 19 of the October 1935 issue. Series also revised for 1935. See p. 19 of the May 1936 issue.
X Indexes are based on 3-month moving average of F . W. Dodge data centered at second month.
\ See footnote on p. 23 marked "\'\
<? Index revised to exclude copper prices, since data on copper stocks have not been available subsequent to October 1931. Both stock and price series now cover 8
commodities as listed. For revised data for period 1920-35 see p. 19 of the May 1936 issue.




20

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 Surrey

1936
June

August 1936

1935
June

July

1936

August Septem- October Novem- Decem- January
ber
ber
ber

February

March

April

May

CONSTRUCTION AND REAL ESTATE—Continued
CONSTBUCTION CONTEACTS
AW A R D E D - Continued
F. W. Dodge Corporation (37 States)—Con.
Public utilities:*
182
138
167
198
Projects
number4,422
9,264
9,146
13,810
Valuation.thous. of dol—
Public works:#
1,358
1,050
1,087
1,330
Projects
..numberValuation..
thous. of dol— 71,107 29,991 40,083 65,118
Residential buildings:
6,356
5,808
6,166
8,444
Projects
numberFloor space
thous. of sq. ft— 20,624 13,702 13,115 11,753
40,528
Valuation
thous. of dol— 73,605
Engineering construction:?
Total contracts awarded (E. N. R.)
86,873 158,057
thous. of dol— 183,917 1 1 0 , 1 6 1
HIGHWAY CONSTRUCTION
Concrete-pavement contract awards:
3,052
2,129
4,188
3,303
Total
thous. ofsq.yd—
2,395
2,381
2,942
1,508
Roads only
thous. of sq. yd—
Highways:
Approved for construction (N. I.E. A.):*
1,427
876
169
Mileage
_
number of miles..
4,631 26,004 20,048 14,221
Public works funds alloted.thous. of dol..
Under construction (N. I. R. A.)i*
Estimated total cost
thous. of d o l - 42,500 185,044 170,846 149,047
Public works funds allotted
thous. of dol- 38,975 168,816 155,739 136,399
2,334
3,261
3,815
195
Federal aid funds allotted.thous. of dol
7,881
8,530
1,152
Mileage
—
number of miles..
CONSTRUCTION COSTS
Building costs—all types (American Ap*
157
157
157
162
praisalCo.)*
-1913=100Building costs—all types (A. O. C)
175
175
177
1913=100178
Building costs—all types (E. N. R.)$
195.1
195.2
194.8
1913 =• 100.
204.6
Building costs—factory (Aberthaw)
177
MISCELLANEOUS DATA
Fire losses, United States
thous. of doL, 20,407 18,500 19,294 18,137
17,249 15,835 14,964
Foreclosures**
numberReal estate:
Home loan bank, loans outstanding**
thous. of dol. 118,587 79,233 80,877 86,025
Home Owners' Loan Corp:*
140,795
Applications received
numberLoans closed:
14,623
13,142 13,413
Number
44, 775
Amount.thous. of dol..
40,558 41,570 2,747,022
2,702,247
Loans outstanding*
thous. of dol2,660,677

176
12,493

223
11,198

207
10,694

18,104

221
17,926

136
11,939

205
18,106

221
23,753

176
12,773

1,422

1,614
75,117

1,540
69,645

1,328
76,387

1,048
58,948

702
36,325

1,123
44,191

1,092
49,660

1,102
50,792

5,602
12,002
41,811

6,230
16,764
55,100

4,756
12,253

3,856
11,899
45,140

10,306
37,440

3,249
9,115
31,176

6,080
15,604
55,221

8,233
19,736
67,151

8,528
20,547
70,253

114,840

182,631

154,973

235,506

288,547

164,499

147,697

195,458

141,257

3,766

6,816
5,888

4,496
3,327

3,591

2,250
1,217

2,068
1,396

2,662
1,579

3,835
2,767

5,235
3,621

402
11,984

295
10,100

290
8,740

241
8,092

267
7,279

7,607

291
7,623

296
7,382

252
5,975

126,211

102,246

88,776

74,700

65,390

61,015

114,867
2,020
5,031

92,885
1,328
3,706

80,810
1,189
2,968

982
2,371

60,877
667
1,988

56,653
601
1,734

55,085
569
1,679

52,005
467
1,527

157

157

157

158

158

158

159

159

174

173

173

173

178

178

178

178

178

195.1

195.1

194.9

194.9

199.5

201.2

201.2

202.2

203.4

56,484
50,197

177

45,693
248
1,339
161

178

177

16,642
14,470

19,786
14,398

20,872
12,886

27,969
13,221

27,730
12,560

30,910
11,794

29,177
13,245

25,787
13,126

21,479

90,432

95,595

97,089

102,795

102,800

102,942

103,358

105,972

110,922

19,002 14,192
9,392
12,892 16,259 15,634
8,386
6,305
6,073
44,409
29,984 25,715 19,891 21,865
41,181 49,883 47,927 58,541
2,788,203 2,838,086 2,886,013 2,940,029 2,984,438 3,014,423 3,040,137 3,060,029 3,083,312

DOMESTIC TRADE
ADVERTISING
Printer's Ink indexes (adjusted for seasonal
variation):*
84.1
80.2
78.0
83.2
79.4
79.8
76.6
79.0
84.8
78.7
91.0
87.7
88.5
Combined index
1928-32=100..
76.5
66.0
66.6
72.8
67.1
63.9
58.8
65.5
69.8
61.5
62.6
74.4
73.5
Farm papers..
1928-32=* 100..
87.6
82.5
86.8
89.2
82.2
78.8
78.4
77.1
74.4
75.1
81.0
82.4
88.2
Magazines
1928-32=100..
86.5
Newspapers
1928-32=100..
75.5
81.5
85.0
79.1
76.1
77.2
78.6
75.5
77.9
82.9
84.7
88.9
70.2
52.3
71.1
70.6
50.0
63.2
63.4
58.9
52.4
59.5
58.0
47.0
Outdoor
1928-32=100..
73.5
189.7
192.8
185.2 «184.4
187.0
182.1
188.2
182.5
184.5
185.2
177.5
195.0
203.3
Radio
1928-32=100..
Radio broadcasting:^
4,621
4,741
3,250
4,780
2,900
5,210
4,710
4,377
3,119
3,448
3,830
4,693
Cost of facilities, total
thous. of dol_.
450
Automotive
thous. of doL.
466
539
453
432
215
186
244
721
400
487
394
275
1,404 «1,227
1,469
1,428
1,555
1,096
1,283
1,296
1,406
1,058
1,196
1,097
967
Drugs and toilet goods
thous. of dol..
1,106
Foods
...thous. of dol_.
1,182
1,197
1,111
1,260
911
1,154
1,072
1,171
1,056
912
897
876
344
402
390
417
313
384
382
398
Petroleum products
thous. of dol—
292
262
311
302
395
359
331
370
184
367
368
384
383
284
188
183
Tobacco manufactures
thous. of dol—
913
882
895
1,069
503
802
861
934
647
518
413
386
All other*
thous. of dol..
Magazine advertising:!
7,435
7,074
9,360
11,166
13,431
8,852
10,248
11,747
11,004
7,798
14,929
14,516
Cost, total
thous. of dol— 12,268
2,332
2,146
1,157
1,655
2,044
1,023
832
686
1,684
979
1,811
1,555
1,005
Automotive
thous. of dol.
2,359
2,506
1,241
2,323
2,477
1,464
1,454
1,957
2,203
1,609
2,137
2,017
1,616
Drugs and toilet goods.—.thous. of dol.
1,742
1,784
1,230
1,837
2,195
1,100
1,296
1,690
1,986
1,630
Foods
...thous. of dol.
1,657
1,556
1,380
468
Petroleum products
thous. of dol.
459
148
191
214
284
220
192
263
110
366
344
292
610
591
580
494
568
484
525
526
559
565
Tobacco manufactures
thous. of dol.
586
595
563
7,031
7,419
3,079
4,665
5,932
2,719
4,523
5,197
5,052
4,467
5,710
4,938
2,941
All other*
thous. of dol.
2,852
2,860
1,696
2,128
2,511
1,497
1,812
2,181
2,201
2,334
2,637
2,335
1,831
Lineage, totalf-thous. of lines
• Revised.
* New series. For earlier data on building costs, American Appraisal Co., refer to p . 20 of the August 1933 issue. N . I. R. A. highway work started in September
1933, see November 1934 issue for beginning of series. For Home Loan Bank loans outstanding for period December 1932-January 1936 see p . 19 of the April 1936 issue.
Home Owners' Loan Corporation data from September 1933 to April 1934 will be shown in a subsequent issue. Total loans closed to June 12,1936, $3,092,870,784. Printers'
Ink indexes from January 1922 to May 1934 appear on p . 19 of July 1935 issue. Data prior to May 1934 on "all other" radio and magazine advertising not published.
See special note below on foreclosures. Data on H. O. L. C. loans outstanding for period September 1933-January 1936 are shown on p. 19 of the April 1936 issue.
t Revised series. See p . 20 of the October 1933 issue, magazine lineage. For revised data on magazine advertising cost for the years 1933 and 1934, see p . 19 of the February 1936 issue.
§ Index as of July 1,1936, 202.6.
• Compiled by the Federal Home Loan Bank Board and represent the number of foreclosures on all types of properties in 1,013 identical communities in 48 States;
having 53 percent of the population of the United States. Data prior to October 1933 not published. Comparable annual totals for 1926, 65,857; 1932, 210,821; and 1933
209,003. Data were not compiled for other years. Months subsequent to September 1934 were computed by means of a link relative to keep series comparable since the
figures for these months are from a slightly diflerent number of communities.
# These series represent a break-down of the combined total shown in the Survey previous to September 1933. For earlier data seo p . 20 of the September 1933 issue.
1 Months of August and October 1935; January and April 1936 include 5 weeks; other months include 4 weeks.
I For the period October 1933-February 1935, inter-bank loans that were formerly included have been removed.
A Data for 1935 revised. See p. 25 of the May 1936 issue.




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

21

SURVEY OF CURRENT BUSINESS

August 1936
1936
June

1935
June

July

1936

August Septem- October Novem- December
ber
ber

January

February

March

April

May

DOMESTIC TBADE—Continued
ADVERTISING—Continued
Newspaper advertising:
Lineage, total (52 cities) •..thous. of lines._ 117,029
Classified
thous. of lines.- 24,843
Display.—
thous. of lines.. 92,186
7,645
Automotive
thous. of lines..
1,988
Financial
thous. of lines..
General..
_
thous. of lines- 20,802
Retail
-thous. of lines.. 61,751

118,684
20,171
98,513
4,058
1,835
16,269
76,351

94,810
18,499
76,311
3,787
2,536
17,686
52,301

91,334
17,546
73,788
3,632
1,942
19,464
48,751

116,443
21,991
94,452
5,453
2,773
22,899
63,327

121,887
22,548
99,339

20,775
68,297

117,704
19,753
97,952
7,677
2,096
20,980
67,198

2,488
21,812
67,227

1,8
23,498

61.9

62.3

62.2

62.4

60.7

61.8

62.1

61.1

2,272

2,053

2,655

2,218

2,506

2,297

2,273

732,875

807,460

717,264

858,100

761,833

745,845

902, 749

3,428
33,812

3,359
33,417

3,809
37,327

3,740
35,890

4,346
39,631

3,952
37,528

3,953
36,611

4,123
38,676

3,950
37,884

3,834
36,405

11,358
89,525
2,052

11,071
88,997
2,479

10,915
88,703
2,416

13,631
108,905

12,561
99,403
2,733

14,341
107,701
5,281

12,449
92,882
2,294

11,523
85,855
2,254

13,291
99,739
°3,055

13,122
99, 510
2,450

12,735
96,032

2,038

23,123
2,866

24,162
2,901

25,035
2,815

29,354
3,292

27,580
2,976

35,985
4,248

27,434
3,257

26,103
3,060

3,318

28,944
3,320

27,874
3,124

102,210
20,061
82,149
8,426
1,642
18,042
54,038

87,363
18,299
69,064
6,415
1,926
16,862
43,861

89,997
19,266
70,731
5,281
1,280
14,459
49,712

101,347
20,155
81,192
2,910
1,454
16,629
60,200

117,427
20,658
96,769
5,714

62.3

63.0

63.1

62.5

2,179

2,142

2,057

677,232

728,600

761,385

3,552
33,807

3,512
34,607

12,023
87r441
2,238
24,679
2,829

127,182
24,172
103,010

7,813

GOODS IN WAREHOUSES
Space occupied, public merchandise in warehouses. »
percent of total..
NEW INCORPORATIONS
Business incorporations (4 States)-.number..

2,285

POSTAL BUSINESS
Air mail, pound-mile performance*
thous. of 1b.
Money orders:
Domestic, issued (50 cities):
Number.
thousands..
4,091
Value
thous. of dol— 40,994
Domestic, paid (50 cities):
Number
thousands.. 13,153
Value
—
thous. of dol. 102,447
Foreign, issued—value
thous. of dol.
Receipts, postal :f
60 selected cities
thous. of dol.. 28,288
50 industrial cities...
thous. of dol—
3,214
RETAIL TRADE
Automobiles:*
Unadjusted
1929-31=100
89.1
80.2
104.9
69.3
65.5
96.6
53.3
50.1
139.2
90.6
117.8 «142.3 «138.1
Adjusted
1929-31=100..
82.0
89.5
113.5
79.0
75.0
81.0
« 93. 5
102.0
106.5
109.0
°93.0
101.0
78.5
Chain-store sales:
Chain Store Age index:*t<?
Combined index t
av. same month 1929-31=100—
100
100
98
96
103
102
103
97
99
108
101
Apparel index t
av. same month 1929-31=100-.
110
101
108
107
101
99
117
105
115
114
100
118
119
Groceryt
av. same month 1929-31=100—
93
91
94
«94
92
92
94
93
90
94
95
Five-and-ten (variety) stores:*
95.1
Unadjusted
-1929-31=100..
86.1
93.4
95.7
87.7
80.3
67.7
98.1
82.0
96.8
73.5
79.3
178.4
Adjusted
1929-31=100..
95.2
93.7
92.1
90.7
93.3
92.0
103.3
90.8
91.8
96.8
96.7
87.9
H. L. Green Co., Inc.:*
2,684
Sales
._
thous. of dol—
2,522
2,229
2,514
2,088
2,157
2,049
2,043
1,753
2,476
2,625
4,941
Stores operated
number..
134
132
132
134
131
137
130
131
130
130
130
133
S. S. Kresge Co.:
Sales..
thous. of dol— 12,182
12,269
10,758
12,011
11,048
11,925
10,043
8,597
9,571
11,925
10,148
10,004
21,551
Stores operated
_.number—
741
736
737
740
737
737
726
743
735
739
744
725
745
S. H . Kress <c Co.:
f
Sales
_thous. of dol—
6,858
5,884
6,552
6,873
6,314
5,946
5,204
5,459
6,138
5,700
7,027
13,789
Stores operated
number „
234
235
235
234
234
232
235
233
234
McCrory Stores Corp.: •
Sales
—
thous. of dol—
3,262
3,284
2,651
2,691
2,822
3,443
2,989
3,057
2,893
2,324
3,183
2,626
6,268
Stores operated
—
number..
200
203
202
202
205
199
200
200
201
205
197
201
203
G. C. Murphy Co.:
Sales..
thous. of dol—
2,320
2,003
2,311
2,351
2,354
2,584
3,001
2,970
2,513
3,183
5,005
2,865
Stores operated
number—
190
190
188
188
188
190
189
189
188
191
190
F. W. Woolworth Co.:
Sales.
..thous. of dol—
22, 622
23,072
19,016
23,407
19,677
16,983
21,556
20,243
•21,114
20,169
29,590
Stores operated—
number..
1,979
1,986
1,983
1,980
1,965
1,968
1,977
1,978
1,974
1,972
1,978
1,980
Restaurant chains (3 companies):
Sales.
thous. of dol—
3,495
3,229
3,442
3,509
3,384
3,369
3,195
3,118
3,662
3,565
3,363
Stores operated
number350
350
353
358
355
350
353
352
351
Other chains:
W. T. Grant & Co.:
5,754
Sales
thous. of dol—
7,649
8,328
6,475
8,581
7,654
6,732
6,726
6,276
8,365
8,371
14,818
5,175
Stores operated
number..
472
472
472
471
470
473
470
468
467
467
471
472
471
J. C. Penney Co.:
13,692
Sales
thous. of dol— 21,475
16, 282 19,759
20, 640
24,992
31,332
13,964
18,806
24,023
17,885
15,919
17,935
1,481
1,483
1,483
Stores operated—
number..
1,481
1,483
1,481
1,481
1,480
1,481
1,484
1,479
1,478
1,478
Department stores:
Collections:*
Installment account
percent of accounts receivable18.4
16.9
17.6
17.1
17.4
16.7
17.4
16.3
16.2
15.4
16.7
16.1
Open account
44.4
percent of accounts receivable..
46.9
41.1
45.1
43.9
46.8
43.2
40.6
45.5
45.8
44.0
44.2
« Revised.
* New series. For description of Chain Store Age indexes see p. 19 of the December 1932 issue. Data of H. L. Green Co., Inc., prior to July 1933 will be shown in a
subsequent issue. For earlier data on automobiles see p. 19 of the April 1934 issue and variety-store sales, p. 18 of the March 1934 issue. Data prior to October 1933 on
collections not p s e . Data are currently being received from about 400 stores on open accounts and about 250 on installment accounts. Series on air mail not available
published.
cec
ata
ac
p i to M 1934. Series on basis of weight carried was published in the Survey for the period February 1926 to December 1933.
prior to May 1934 S r i s
b i f iht
id
blihd i th S
f
id Fb
12 t D b
96
13
93
t Revised series. For revisions refer to the indicated pages of the monthly issues as f
follows: Apparel sales index of Chain Store Age, p. 26, October 1933. Combined
index and grocery index of Chain Store Age were revised for period January 1932 through August 1934. See footnote on p. 26 of the November 1934 issue.
1 Monthly data from January 1932 through June 1935 are on page 20 of the July 1935 issue.
• The New York Evening Post series on newspaper advertising in 22 cities is available for the period 1916 through January 1934. See the 1932 annual supplement and
„
advertisi: " "
F-rmonthly issues prior to December 1934.
A Data for 1935 revised. See p. 26 of the May 1936 issue.
$ Chain Store Age combined index for the period 1932-35 included 18 companies. Beginning 1936 it was increased to 20 caused by the addition of 1 apparel and 1 shoe
company.




22

SURVEY OF CURRENT BUSINESS

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

1936
June

August 1936

1935
June

July

1936

August Septem- October Novem- December
ber
ber

January

February

March

April

May

DOMESTIC TRADE—Continued
RETAIL TBADE-Continued
Department stores—Continued.
Sales, total value, unadjusted-*
1923-25=100..
Atlanta*
.—1923-25=100Boston
,
.1923-25=100..
Chicago*!-—1923-25=100Cleveland*
1923-25«100_.
Dallas*,1923-25 «= 100Kansas City
1925=100..
Minneapolis*
.
1929=100New York*
1925-27=100Philadelphia*
—1923-25=100Richmond—
1923-25=100St. Louis
1923-25=100San Francisco*
-1923-25=100Sales, total value, adjusted*. 1923-25=100Atlanta*
— 1923-25=100Chicago*t-—
1923-25=100Cleveland*
.1923-25=100Dallas*..
.1923-25=100Minneapolis*
1929=100New York*
1925-27=100Philadelphia*-.
1923-25=100San Francisco*
1923-25=100Installment sales, New England dept.
stores, ratio to total sales
percentStocks, value, end of month:
Unadjusted
1923-25=100Adjusted
.
1923-25=100.
Mail-order and store sales:
Total sales, 2 companies...thous. of dol_
Montgomery Ward & Co. thous. of doL
Sears, Roebuck & Co..-thous. of dol.
Rural sales of general merchandise:*
Unadjusted
1929-31=100.
Adjusted
1929-31=100.

84
92
76
90
84
92
77
85
80
71
105
71
83
89
103
92
86
100
88
83
74
94

90
78
72
84
71
72
62
83

61
77
52
68
61
64
70
70
58
49
78
59
80
78
98
85
73
88
80
76
65
82

65
98
71
87
81
97
79
75
92
77
81
72
84

6.7

9.2

14.5

64

61
63

57
61

76,689
30,330
46,359

58,953
23,822
35,131

49,888
20,293
29,594

106.2
112.4

94.2
99.7

74.7
97.0

63
71
63
64
58
69
60
65
63
47
73
56
70
79
90
80
77
82
73
81
57
84

87
86
91
77
77
62
85

87
80
79
71
66
95
73
78
88
103
90
78
91
84
83
73
85

6.2

10.1

11.0

9.7

8.5

61
65

58

62
65

67
65

65

71,777
30,910
40,867

90,813
39,475
51,338

46,181
18,508
27,672

45,435
17,855
27,580

24,845
36,081

69,413
30,403
39,011

75,219
30,295
44,923

127.6
103.7

155.9
109.8

79.9
96.3

84.2
93.0

99.2
106.7

105.5
109.9

106.5
113.3

85.1
77.6
79.1

»85.7
"79.2
•81.1

86
98
82
86
79
92
90
94
87
74
117
80
88
77
82
78
75
80
79
77
65

91
103
78
89
83
97
84
85
93
80
114
81
92
81
90
81
79
84
86
79
66
91

145
158
124
137
133
155
133
123
146
122
185
120
152
84
93
81
81
95

10.7

10.2

8.8

67
64

72

75
67

52,402
22,849
29,553

59,474
25,173
34,301

79,945
35,897
44,048

79.8
92.8

103.7
104.8

127.6
104.6

100
74
89
89
90

103
74
89
93
95
°82
87
80
74
110
76

78
70
103
78
87
81
96
84
79
92
82
80
70

102
87
91

76
«88
8.9
67

EMPLOYMENT CONDITIONS AND WAGES
EMPLOYMENT
Factory,unadj. (B, L. £.)*§
1923-25=100Durable goods group*§
.1923-25=100—
Iron and steel and products. 1923-25=100..
Blast furnaces and steel works
1923-25=100Structural and metal work
1923-25=100Tin cans, etc
1923-25=100Lumber and products
1923-24=100—
Furniture
1923-25=100Millwork
_
1923-25=100Sawmills
. 1923-25=100
Turpentine and rosin
1923-25=100—
Machinery
1923-25=100Agricultural implements. 1923-25=100—
Electrical machinery, etc.1923-25=100..
Foundry and machine-shop products
1923-25=100Radios and phonographs. 1923-25=100..
Metals, nonferrous§
1923-25=100A "IiTm 1 Tin T ^
Y

86.0
79.9
82.4

79.7
69.7
71.8

79.7
69.4
71.3

82.0
70.5
73.2

83.7
71.2
74.7

85.3
74.9
76.4

85.0
76.1
76.8

84.6
75.7
76.6

82.9
74.4
75.8

83.1
74.4
76.0

84.1
75.7
77.1

83.2

72.4

71.7

73.7

74.4

75.6

76.2

77.0

77.1

76.6

77.4

79.7

• 82.1

72.6
102.7
57.5
74.4
51.7
38.5
99.0
100.3
132.6
79.1

56.0
96.0
48.9
67.1
41.9
30 9
98.9
84.2
110.6
69.6

56.9
100.0
51.9
69.1
44.8
33.8
98.9
85.6
116.7
69.6

57.9
104.0
55.3
73.4
47.5
36 6
99! 1
87.3
117.8
70.4

58.6
105.4
57.0
76.3
50.1
37 4

59.0
100.5
57.5
77.9
49.5
37 6

KM)! 5
91.1

118.5
73.3

100*. 3
93.1
116.6
75.3

58.6
95.3
56.0
77.0
48.7
36.0
100.7
93.8
123.8
75.4

56.6
92.9
54.5
74.8
46.9
35.1
99.7
93.1
128.9
74.0

57.4
91.6
52.9
71.7
45.5
34.4
98.0
92.5
133.9
72.1

57.7
91.4
53.1
72.6
45.7
34.3
98.1
92.6
136.3
71.4

60.9
93.9
54.5
72.4
47.0
36.1
97.1
93.6
138.7
72.3

64.5
95.8
55.6
72.1
48.5
37.5
99.0
96.2
140.4
75.3

•69.1
98.6
8
56.7
73.0
49.8
°38 4
97.8
8
99.1
138.3
77.1

87.0
242.5
89.7

72.8
165.5
81.8

73.4
185.0
80.2

74.0
213.8
82.0

76.0
254.9
86.9

76.8
279.1
91.9

77.6
271.6
93.1

79.0
230.0
92.3

79.1
213.1
89.4

80.0
196.0
89.3

81.5
186.1
88.9

83.8
188.6
88.7

0

86.1
215.4
89.0

T l Q Till fQ A f l i f nn R
V

Aluminum inaiiuiaCiuress

81.2
82.0
85,2
84.3
87.5
82.1
76.2
84.6
74.6
82.7
83.0
79.1
75.5
1923-25=100Brass, bronze, copper products
89.0
86.8
88.5
87.6
87.2
86.9
86.8
87.7
78.2
31.8
1923-25=10087.9
78.9
77,4
Stamped and enameled ware§
112.7
116.2
117.0
110.5
109.2
109.1
112.8
101.9
106.2
110.8
1923-25=100112.3
102.5
100.4
55.1
55.7
55.8
55.9
58.2
60.1
59.9
52.8
52.6
60.1
Railroad repair shops.
1923-25=10060.6
53.8
53.5
64.5
65.1
64.8
65.0
65.5
65.8
66.0
65.3
64.6
65.9
Electric railroad
1923-25=10065.4
65.6
65.2
54.4
55.0
55.1
55.2
57.6
59.7
59.4
51.9
51.7
59.7
Steam railroad
1923-25=100—
60.2
52.9
52.6
Stone, clay, and glass products
56.7
56.4
55.2
50.8
51.0
54.1
57.7
55.9
55.8
59.8
1923-25=10060.7
55.7
54.7
35.3
34.6
33.9
31.0
30.0
32.5
36.7
33.8
34.0
39.9
Brick, tile, and terracotta. 1923-25=10042.3
32.1
32.9
52.9
49.6
45.0
38.038,0
44.3
52.3
53.8
51.9
58.4
Cement
1923-25=10058.9
60.1
57.5
97.5
98.4
97.8
92.0
93.8
94.9
97.1 0 97.3
95.7
95.8
Glass
1923-25=10097.3
95.2
92.7
92.3
101.0
103.3
101.8
99.1
100.3
104.3 0 105.5
83.5
75.8
Transportation equipment_1923-25=100—
104.5
93.7
87.2
105.0
115.5
118.2
116.3
112.0
111.1
114.1
95.1
84.0
115.6
Automobiles—
1923-25=100114.3
107.2
100.6
40.0
45.9
50.1
48.5
50.6
56.8
62.2
32.2
33.5
62.2
Cars, electric and steam.. 1923-25=100—
64.6
48.2
31.7
79.8
82.3
82.9
83.9
82.0
90.7
99.8
72.4
76.1
°98.7
Shipbuilding
1923-25=10095.8
66.2
71.3
96.4
94.6
94.2
92.1
92.5
93.2
93.1 a «92.7
94.3
97.1
Nondurable goods group* § 1923-25=100—
92.6
90.6
90,8
113.1
112.4
111.1
109.7
108.9
112.1
110.7
107.9
110.7
110.0
Chemicals and products—1923-25=100—
108.3
107.2
106.8
108.9
109.5
108.8
107.4
107.1
108.1
109.0
107.7
108.0
110.3
Chemicals
1923-25=100111. 7
108.1
109.0
101 6
100 3
98.8
97.6
97.7
99.0
98.4
97 3
99 5
96 8
Druggists' prep
1923-25=100—
96.5
95.8
95.1
107. 1
107.2
Paints and varnishes
1923-25=100—
115.3
108.1
111.9 "114.5
109.2
107.9
112.5
108,6
109.3
105.5
106.7
* Revised.
* New series. For earlier data on department store sales by Federal Reserve districts, see p. 20 of the February 1935 issue excepting Chicago, for which see note below.
Note that the combined index of department-store sales is computed by the Federal Reserve Board and the district indexes are computed by the Federal Reserve banks.
For districts not marked with an asterisk the series are as published in the 1932 Annual Supplement and subsequent issues. See p. 20 of the December 1934 issue for rural
sales for period January 1929 to October 1934. For earlier data on factory employment unadjusted in detail, see p. 16 of the June 1934 issue. See p. 19 of the July 1934 issue
for factory employment unadjusted total. Data on employment in the durable and nondurable goods groups for the period January 1923-June 1935 were shown on p. 19 of
the August 1935 issue.
t Revised series. See p. 19 of the April 1935 issue, department-store sales, Chicago.
A This series was shown on p. 20 of the June 1935 issue from 1919 through April 1935.
* The adjusted index of department-store sales (total value) was revised by the Federal Reserve Board for the years 1929 through 1934. Revised indexes for this period
were shown on p. 20 of the June 1935 issue.
§ Data have been revised for the period January 1933-September 1935. Revisions not shown in the November 1935 issue appeared on p. 16 of the January 1936 issue.




23

SURVEY OF CURRENT BUSINESS

August 1936

Monthly statistics through December 1931, 1936
together with explanatory footnotes and references to the sources of the data, may be found
in the 1932 Annual Supplement to the Survey June I June

1935
July

August Septem- October Novem- Decem- January
ber
ber
ber

1936
February

March

April

May

EMPLOYMENT CONDITIONS AND WAGES—Continued
EMPLOYMENT—Continued
Factory unadjusted—Continued.
Nondurable goods group—Continued.
Chemicals and products—Continued.
Petroleum refining
1923-25=100—
110.6
110.6
111.2
112.2
110.1
110.9
110.3
109.6
108.7
108.0
107.5
109.4 » 109. 4
Rayon and products
1923-25=100—
341.9
325.9
327.9
340.3
353.6
356.8
356.1
357.9
353.6
347.2
352.0
331.1
341.4
Food and products
1923-25=100—
100.4
98.9
105.7
111.8
118.2
108.5
100 5
96.8
92.6
91.1
92.0
94.1
96.3
115.9
Baking
1923-25=100113.5
111.5
114.2
114.8
112.4
112.9
111.7
114.6
114.6
111.2
111.7
113.6
Beverages.—
-—1923-25=100—
184.9
170.0
178.5
179.0
171.9
162.9
153.0
150.1
149.7
148.0
158.6
163.9
178.9
Slaughtering, meat packing . .
1923-25-100—
84.2
81.4
80.4
79 4
78.9
79.7
82 8
84 3
84 9
81.7
80.5
80.7
82.8
82.4
86.4
83.9
Leather and products
1923-25=100—
83.0
87.3
89.0
9O.'l
88.8
86.6
86! 3
88! 4
89.7
82! 3
Boots and shoes
1923-25=10079.7
80.6
85.8
89.1
87.3
84.0
77.8
82.8
86.1
88.1
87.4
84.3
81.4
Leather..
—1923-25=10093.5
92.8
93.5
94.4
95.2
97.0
100.3
100.4
97.7
96.3
95.6
94.9
94.3
Paper and printing
1923-25=100.98.3
95 6
95 5
95 9
97.3
98.3
98.7
99.7
97 5
98.2
98.2
98.6
99.0
110.3
110.3
111.0
Paper and pulp
1923-25=100109.1
108.9
109.6
109.2
108.' 8
109.2
109.1
108! 7
110.0
109.0
Rubber products §
1923-25=10083.9
80.9
78.3
79.1
81.1
82.8
83.0
82.0
81.7
72.7
82.1
«83.0
82.7
Rubber tires and tubes-1923-25=10072.6
72.9
70.3
69.7
70.3
70.7
69.8
70.5
70.5
69.9
53.2
68.1
70.0
Textiles and products
1923-25=10093.2
90.4
87.8
92.9
95.9
97.7
97.0
96.9
95.1
96.1
97.2
96.1
94.2
Fabrics
1923-25=10090.6
89.4
87.5
89.9
92.1
94.6
96.1
96.4
94.0
93.5
93.3
91.9
90.7
Wearing apparel
1923-25=10095.2
88.6
84.4
96.0
100.5
100.5
94.8
93.8
93.4
97.9
101.9
101.7
97.9
Tobacco manufactures
1923-25=100—
56.9
57.8
57.6
57.9
58.9
60.0
59.7
58.2
52.2
55.5
55.9
55.4
56.7
Factory adjusted (F. R. B.)* §.1923-25=10086.3
80.1
80.6
81.9
83.7
85.6
84.2
84.9
°85.8
84.8
81.8
84.8
83.8
Ohemicals and products
.1923-25=100—
111.8
111.3
110.7
111.4
110.3
111.3
110.8
110.3
109.8
108.2
110.3
107.6 0 111. 2
Chemicals
1923-25=100113.9
110.2
111.7
111. 6
108.5
107.7
107.2
106.6
105.9
105.4
106.9
108.3
112.2
Druggists' preparations
1923-25=100- 101.0
100.3
100.4
99.3
97.4
97.1
96.8
97.3
95.4
96.8
96.9
100.2
100.4
Paints and varnishes
1923-25=100111.1
108.4
108.8
108.4
108.0
108.9
110.2
109.7
109.6
107.3
107.3
111.4 0 110.4
Petroleum refining
1923-25=100—
109.6
109.6
108.8
110.1
108.2
111.1
111.4
110,9
110.8
109.4
108.6
109.4 «109.6
Rayon and products.
1923-25=100—
341.9
325.9
327.9
340.3
353.6
356.8
356.1
357.9
353.6
347.2
352.0
331.0
341.4
Food and products
.1923-25=100—
102.4
101 0
101. a
100 3
99 8
98.1
93 4
100.7
103.1
101.7
102.2
100.5
102.9
114.6
Baking—.
1923-25=100115.3
114,8
114.2
115.2
113.0
109.9
112.4
113.6
111! 4
112! 6
112.8
111! 8
Slaughtering, meat packing
1923-25=10084.6
81.8
80.9
81.0
79.7
79.1
82.0
80.7
82.4
80.3
82.4
83.4
83.8
Iron and steel and products—1923-25—10082.2
71.7
72.4
73.4
74.1
75.9
77.9
77.6
75.9
76.1
77.9
«80.1
77.1
TVla^t ftimarGi £tJJ.vA o b C u l worlc^
and titefil VVU*Jv3
• D l a d t itilJLXcifV'Oo
83.4
78.1
"80.9
72.6
72.7
75.8
78.3
77.6
75.7
74.4
76.1
74.3
77.1
1923-25=100Structural and metal work.l923-25=*100._
72.2
55.7
55.7
56.5
57.0
57.7
57.1
58.9
59.4
62.3
65.3
58.4
«69.5
Tin cans, e t c . . . — 1923-25=100..
99.2
92.8
96.2
97.0
99.4
100.7
96.6
97.9
95.5
96.9
95.4
99.6
97.6
Leather and products
1923-25—100—
85.9
86.4
86.9
90.3
89.2
86.9
87.0
85.4
87.8
87.0
84.5
84.1
86.2
Boots and shoes —
1923-25=100
83.4
84 4
84.5
84 9
83.1
81 4
80 2
88 0
87.5
86 4
85.4
85.2
84.0
95.8
Leather.
1923-25-10094.7
95.6
95! 1
93! 4
95! 8
95! 1
100! 0
96.0
93! 9
97! 1
95! 8
99! 6
Lumber and products.——1923-25=100—
57.3
48.8
52.0
54.6
55.0
55.4
54.4
54.5
54.8
54.6
55.9
56.3
«57.1
Furniture
1923-25=100..
77.2
69.6
72.4
73.3
73.9
71.7
71.6
72.4
74.4
73.3
73.7
74.7
76.8
Millwork
1923-25=10051.1
41.4
44.4
46.8
49.7
49.1
47.6
46.9
46.3
47.6
48.2
48.7
49.2
Sawmills
1923-25=100—
37,5
30.1
33.2
35.8
36 0
35.8
37.3
37.7
35 6
36.2
37.0
35.7
037,8
100.7
Machinery
1923-25=10097.0
"99.6
84.4
86.1
93.9
94.9
94! 6
93.6
87! 1
88! 8
90! 6
93! 0
Agricultural implements-.1923-25=100..
133.5
111.4
123.2
129.3
129.4
128.1
129.6
132.6
134.1
124.4
126.6
122.4
127.8
Electrical machinery, etc. .1923-25=100—
79.1
69.6
69.6
70.4
73.3
75.3
74.0
72.1
71.4
72.3
75.3
77.1
75.4
Foundry and machine-shop products
1923-25=10086.1
72.0
73.4
73.9
75.8
77.4
79.1
80.9
80.3
79.6
80.4
82.4 0 84.8
Radios and phonographs
1923-25=100—
267,7
182.7
192.7
194.4
190.9
225.4
253.1
239.0
248.8
239.0
256.4
222.3
196.8
Metals, nonferrous§
1923-25=100..
90.8
82.8
82.2
83.7
87.4
90.8
91.9
91.4
90.4
88.3
87.2
87.6
89.4
Brass, bronze, copper prod. 1923-25=100..
88.4
79.4
78.2
89.1
88.0
85.6
84.6
85.3
87.2
78.8
82.7
87.9
90.0
Stunned And finairiAlAd
wareS...
.....1923-25=100..
112,2
102.4
101.6
109.7
109.3
114.2
105.1
118.3
107.9
104.2
107.9
112.6
116.3
Paper and printing
1923-25=100..
99.2
96.4
96.5
97.1
98.0
96.8
98.0
97.9
99.0
99.6
97.6
97.8
97.4
Paper and pulp
1923-25=100—
110. 3
109.1
108.9
108.8
109.2
109.1
109.0
110.0
108.7
109.2
109.6
110.3
111. 0
Railroad repair s h o p s — . 1923-25=100..
60.1
53.4
53.2
52.7
52,4
54.8
55.8
55.9
56.7
59.0
60.4
59.4
59.7
Electric railroads
.1923-25=100..
65.4
65.6
65.2
65.3
64.6
65.1
64.8
65.0
65.5
65.8
66.0
65.9
64.5
Steam railroads
1923-25=100..
59.7
52.4
51.9
55.2
56.1
58.4
60.0
59.0
54.1
59.3
51.7
51.4
55.2
Rubber products!
1923-25=100..
81.9
78.8
77.4
80.4
81.7
83.4
83.4
82.2
73.7
82.1
81.8
83.4
83.0
Rubber tires and tubes. 1923-25=10068.2
68.4
67.2
69.6
71.6
73.2
72.1
72.9
72.7
70.6
54.3
67.0
66.8
Stone, clay, and glass products
1923-25=100..
58.3
53.5
54.4
54.8
53.9
54.6
56.1
56.4
55.8
54.0
55.2
57.1
58.2
Brick, tile, and terra cotta. 1923-25=100._
39.4
29.9
30.4
31.2
32.1
34.4
35.8
35.3
34.5
35.2
36.4
37.7
34.7
Cement
1923-25=10055.3
56.4
53.4
50.5
47.4
42.8
42.7
47.3
52.6
48.9
50.9
49.2
56.7
Glass
1923-25=10094.1
92.1
96.6
97.4
93.6
92.5
97.2
98.2
100.0
96.2
94.1
95.6
95.6
Textiles and products
.1923-25=100..
94.5
91.7
92.2
96.1
96.0
96.0
96.2
96.2
95.0
94.4
94.6
94.9
94.2
Fabrics
1923-25=100..
91.8
90.6
91.2
93.3
93.2
93.6
94.7
93.0
92.0
91.6
91.3
90.7
94.4
Wearing apparel
1923-25=10096.7
90.0
90.3
98.4
98.3
97.3
96.0
95.3
95.3
95.8
97.4
99.1
98.1
Tobacco manufactures
1923-25=100. 57.2
58.1
58.2
58.1
57.3
57.4
57.0
58.0
56.0
55.2
56.4
56.2
57.0
Transportation equipment. . 1923-25=100—
99.0
88.7
84.8
83,6
81.4
99.5
111.0
103.1
96.7
96.3
98.7 0 °96.7
109.0
Automobiles
1923-25=100..
108.2
101.5
97.7
94.9
91.0
113.8
125.1
128.0
117.4
108.7
106.3
108.0
105. 2
Cars, electric and steam...1923-25=100..
59.4
44.4
29.6
30.7
32.8
41.7
50.9
54.6
54.4
54.4
57.3
57.6
56.6
Shipbuilding
1923-25=10094.7
65.4
73.0
76.5
81.1
85.3
85.6
82.9
81.4
78.0
86.1
93.7
95.7
Factory, by cities and States:
Cities:
Baltimore*
1929-31=100..
88.2
80.8
79.4
84.5
80.9
82.0
84.4
82.9
81.9
80.8
83.3
86.2
"87.7
Chicago*....
1925-27=10072.6
67.0
64.8
65.3
67.3
68.5
68.9
69.1
68.7
69.2
69.3
70.0
71 7
Cleveland*
1923-25= 100..
96.2
80.9
86.5
84.8
89.3
94.7
94.9
94.2
95.5
94.9
94.4
95.1
96.2
Detroit
1923-25=100..
103.5
93.7
66.6
71.7
82.7
100.9
107.8
108.8
103.8
100.0
101.5
105.8
105.0
Milwaukee*
. .
.1925-27=100..
99.2
92.4
92.6
91.9
93.2
94.4
96.2
96.0
95.2
94.2
96.1
97.6
99.5
New York....
1925-27=100..
72.2
69.8
67.9
72.2
75.9
77.7
76.3
75.2
73.7
74.5
77.2
75.9
74.3
Philadelphia!
1923-25=100
92.1
87.8
87.9
89.1
91.0
92.2
92.2
92.7
90.8
90.5
91.8
91.7
•91. 5
Pittsburgh*!
1923-25=100.1
78.1
67.6
67.2
68.3
69.7
71.5
72.2
72.0
69.7
71.3
71.8
74.4
°76.0
States:
Delaware!
1923-25=100..
89.8
90.3
94.6
102.8
96.1
89.1
92.6
88.4
89.5
89.7
88.7
88.3
90.4
Illinois
1925-27=100..
81.6
73.4
72.4
73.6
75.7
75.8
76.0
76.6
75.8
76.7
77.8
79.0
80.3
Iowa
_1923=100_.
132.1 fl117.2
118.2
118.8
122.2
122.3
122.7
124.7
123.9
122.7
125.9
127.6 a 130. 5
0
Massachusetts*!.
1925-27=100
73.4
70.6
«71,0
72.8
«74.6
«76. 5
«76.3
»76.4
« 74. 3 «75.3
«74.5
• 74.0
"74.8
< Revised,
*
* For earlier data see the following references: For factory employment, adjusted, all series, see pp. 16 to 19 of the July 1934 issue; employment in Baltimore, Milwaukee,
and Massachusetts, p. 18, December 1932; employment in Chicago, p. 20, June 1933; Pittsburgh employment, p. 18, January 1934; Cleveland employment, p. 19, July 1934.
T For revised data refer to the indicated pages as follows: Employment in Delaware and Philadelphia, p. 19, September 1933; for revisions of years 1930-34 for those
series and for the city of Pittsburgh, see p. 20 of the March 1935 issue; for Massachusetts, employment for 1931, p. 19, August 1933, and for 1932-34, p. 20, September 1935,
revisions for period January 1933-May 1936 not shown above will appear in the 1936 supplement.
§ These data for the period January 1933-September 1935 have been revised; revisions not shown in the December 1935 issue appeared on p. 16 of the January 1936 issue*




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

1935

1936
June

August 1936

June

July

1936

August Septem- Oetober Novem- December
ber

January

February

March

88.3
76.1
75.3

90.5
76.4
77.2

93.1
77.0
77.4

April

May

EMPLOYMENT CONDITIONS AND WAGES—Continued
EMPLOYMENT-Continued
Factory, by cities and States—Continued.
States—Continued.
Maryland*
_. 1929-31* 100 .
New Jersey t
1923-25=100—
New Y o r k . .
—1925-27=100..
Ohio.1926*100Pennsylvaniat- . - 1923-25=100—
Wisconsin —
1925-27=100—
Nonmanufacturing (J3. L. S.):
Anthracite-1929=100—
Bituminous coal
1929=100Metalliferous
1929-100Petroleum, crude production.l929=100~
Quarrying and nonmetallic—1929=100-

80.4
91.8

88.2
72.4
72.5
90.8
74.9
86.6

86.5
72.5
72.1
90.1
75.0
92.3

88.8
75.9
73.8
91.1
76.6
90.4

92.3
78.0
76.8
93.1
78.1
89.5

92.1
80.0
77.8
93.8
79.4
89.1

90.4
80.6
76.9
96.0
79.0
88.2

89.7
79.1
76.2
94.2
78.8
87.2

51.2
75.7
61.9
73.0
53.4

56.8
77.9
46.0
76.7
50.4

49.4
70.0
45.2
77.4
50.9

38.7
73.4
46.3
76.3
51.0

46.0
77.1
48.9
75.1
50.0

58.8
74.3
51.6
74.7
50.0

46.6
76.1
52.6
73.0
46.7

57.3
79.1
53.5
71.9
43.1

93.9
79.3
76.8

0)

88.4
76.3
75.2

(i)

76.9
85.9

0)

77.6
88.7

(0

87a

59.1
79.8
54.2
71.1
39.4

61.2
80.2
55.5
70.8
36.9

52.5
80.4
55.9
70.7
42.2

49.8
77.4
57.5
71.1
48.4

0)

77.3

78.9
89.3

94.2
77.7
77.5

0)

79.0
90.7
54.9
76.2
60.8
72.5
52.0

Electric light a n d power, and manufac88.9
88.2
86.9
86.1
86.1
86.8
87.6
83.9
84.8
86.8
86.9
87.4
90.3
tured gas
—.1929=10071.5
71.2
71.2
71.7
70.7
70.5
71.1
71.7
71.5
71.2
71.0
71.1
71.7
Electric railroads. ,
1929=10071.6
70.8
70.2
69,9
70.1
69.6
69.8
70.2
70.3
70.5
70.4
70.0
72.1
Telephone a n d telegraph
1929=100Trade:
79.7
80.4
45,1
85.3
85.3
81.9
92.9
84.6
83.8
82.2
81.8
78.0
79.3
Eetailf
—1929=10084.6
85.7
85.6
85.0
85.6
86.8
86.4
82.1
82.1
82.7
83.7
85.7
84.6
Wholesalef
.1929=100..
Miscellaneous:
73.4
70.3
71.5
87.3
81.8
74.7
87.5
76.3
82.1
83.6
79.4
80.4
81.7
Dyeing and cleaning*t*
1929=10084.1
83.2
82.8
82.8
80.8
81.9
81.5
81.3
80.3
80.7
81.1
81.6
83.9
Hotelst=—i
1929=100—
85.5
83.2
82.1
81.2
81.1
81.5
81.3
82.3
84.4
84.2
83.0
81.9
87.2
Laundries*t*
1929=100—
Miscellaneous data:
Construction employment, Ohio
1
27.9
28.5
35.0
32.9
27.8
30.9
0)
31.5
0)
(0
1926=1000)
C)
•C)
F a r m employees, average per farm*
(2)
1.00
.90
.89
.74
.62
.71
.85
1.00
1.03
,98
.98
1.01
numberFederal and State highway employment,
423,466 362,339 375,442 382,846 340,073 323,374 290,523 252,229 202,884 200.451 227,586 287,478 374,191
total*
number
94,200 144,173 209,835
97,089 80,674
258,103 224,086 226,867 218,886 183,886 176,050 151,385 130,539
Construction*..
.number—
165,363 138,253 148,575 163,960 156,187 147,324 139,138 121,690 105,795 119,777 133,386 143,305 164,356
Maintenance*
.
number
Federal civilian employees:
859,836 754,746 764,925 805,286 829,605 831,453 835,236 850,943 840,183 835,087 841,197 846,279 853,439
United States*.
number..
117,103 103,463 104,498 105,679 108,952 110,009 110,745 111, 692 111,954 112,304 112,370 115,073 116,857
Washington..
.._!
number..
1,089
1,044 •1,073
1,054
999
1,003
1,013
1,035
1,026
1,034
1,027
1,098
Railroad employees, class I
thousands..
.1,031
Trades-union members employed:
83
82
79
78
77
78
80
73
80
80
77
77
84
All trades
percent of total..
66
59
51
48
52
50
64
55
71
49
53
52
49
Building trades*
percent of t o t a l 86
85
83
83
82
83
81
77
80
81
77
78
88
Metal trades* .
percent of total
89
88
87
87
86
85
87
85
88
86
86
85
85
Printing trades*
percent of t o t a l . .
86
85
83
83
81
82
84
78
84
85
81
81
86
All other t r a d e s * . . . percent of t o t a l 61
61
58
57
55
56
68
62
59
59
54
64
61
On full time, all trades-percent pf total—
LABOR C O N D I T I O N S
Hours of work per week in factorles:*t1
38.2
38.8
39.0
38.5
38.8
39.2
38.1
38.6
36.4
37.8
35.9
37.3
38.5
Actual, average per wage earner
hours—
Industrial disputes i n progress during
month:f
•244
•241
*326
210
P280
•292
*303
274
332
311
319
317
377
Number of disputes.
...
•1,338,444 ^697,331 P985,000
Man-days lost
._ . . .
number- *1,225,000 1,311,278 1,297,730 1,191,663 3,027,040 1,562,908 1,003,852 660,911 «635,730 •751,228 a
61,782 •58,419 •89,706 122,265 v 92,900 P123,000
*133,000 129,784 141,829 150,835 514,427 133,742 100,732
Workers involved
number
Employment Service (United States):*
Applications:
6,666,599 6,713,047 7,532,046 8,235,139 8,696,943 8,735,783 8,387,179 8,943,099 9,001,192 9,184,982 9,252,979 8,996,795 °8,780,638
In active
file
number
364,933 662,066 849,323 862,798 681,133 639,960 535,280 481,900 429,542 343,142 353,251 295,686 291,833
New
.
.
numberPlacements:
470,055 271,662 282,699 303,155 394,420 559,748 682,640 797,802 521,329 385,891 440,154 451,617 «466,374
Number
.050
.053
.042
.048
.089
.058
.064
.071
.081
.037
.038
.040
Per active applicant
numberLabor turn-over:f
3.30
•4.05
2.95
4.46
3.65
3.97
3.63
4.49
4.95
5.23
4.60
4.17
3.18
Accessions
percent of no. on p a y roll—
Separations:
.18
.21
.20
.17
.20
.19
.20
.21
.23
.20
.19
.21
.20
Discharged—percent of no. on p a y r o l l •2.06
1.92
1.83
2.21
2.58
2.89
2.66
3.46
2.57
2.70
1.95
2.03
1.92
Laid off
-percent of no. on p a y r o l l Voluntary quits
1.06
1.16
.86
.68
.77
.69
.71
.83
.90
.86
1.05
.89
1.13
percent of no. on p a y roll—
PAY ROLLS
76.4
• 79.3
77.9
76.3
72.7
72.7
74.5
65.4
72.2
75.0
79.5
66.4
69.7
Factory unadj. (B. L. S.) •§ 1923-25=100•76.1
73.8
69.7
64.7
65.1
68.1
69.7
55.6
60.6
66.3
76.5
57.6
58.9
Durable goods group*§
1923-25=100—
Iron and steel and products
76.9
73.9
69.9
65.2
64.4
65.1
68.8
52.6
62.7
65.5
78.5
55.7
59.4
1923-25=100Blast furnaces and steel works
« 82.5
79.2
73.8
68.2
68.0
66.4
72.0
52.4
64.2
66.1
83.9
56.8
61.6
1923-25=100Structural and metal work
54.7
•60.7
44.8
49.9
45.3
44.7
45.0
42.2
45.6
46.0
40.7
43.9
65.1
1923-25=100.
94.3
98.6
86.1
94.5
90.9
91.5
91.5
97.7
105.7
100.2
93.8
103.6
102.1
Tin cans, etc
- 1923-25=100
•48.1
46.3
44.6
41.1
41.1
44.2
45.0
44.4
38.3
47.3
48.6
49.3
36.3
Lumber and products
1923-25=100.
56.7
56.2
55.7
54.3
51.8
59.3
58.4
48.4
60.2
63.0
59.3
48.5
56.0
Furniture
- 1923-25=100
43.9
41.2
39.2
39.0
39.6
36.1
34.2
40.8
35.9
41.9
37.7
31.5
45.9
Millwork — „
1923-25=100.
•31.3
29.7
24.4
28.0
25.2
26.5
25.9
29,5
23.3
29.4
31.3
20.9
27.9
Sawmills.—,
1923-25=100—
58.1
57.0
55.2
59.2
60.5
65.8
64.4
64.6
59.9
57.5
59.3
59.3
58.6
Turpentine and rosin
1923-25=100—
0
Kevised.
v Preliminary.
»Temporarily discontinued by the reporting source.
a Data not available
* For earlier data see the following references: Employment in Maryland, and Federal civilian employment, total, United States, p. 18, December 1932; Federal and
State highway employment, dyeing and cleaning establishments, and laundries, p. 19, June 1933; trades-union members employed, p. 18, December 1932, and hours of
work, p. 20, October 1932. Pay rolls in the durable group for the period January 1923-June 1935 are shown on p. 19 of the August 1935 issue. Data for factory pay rolls
by classes are shown on p. 18 of the June 1934 issue. See also p. 19, July 1934 issue. Data on the U. S. Employment Service for the period July 1933-June 1935 were shown
on p. 19 of the September 1935 issue.
f For revised data refer to the indicated pages as follows: Employment in New Jersey and Pennsylvania, p. 19, September 1933; employment in laundries, and dyeing
and cleaning establishments, p. 20, August 1934; hotels revised for the period January 1929-July 1935, inclusive, see p. 20 of the September 1935 issue. For revised data on
employment in wholesale and retail trade for 1930-34, see p. 20 of the March 1935 issue. Hours of work per week in factories revised for 1933. See p. 20 of the July 1934
issue. For labor turn-over see p. 20 of the April 1935 issue. Industrial disputes revised for 1935. See p. 29 of the April 1936 and p. 29 of the May 1936 issues.
• Figures represent the condition as of the end of the month shown. This method has been followed since September 1932. Figures shown previous to that date in
the Survey are as of the first of the month. They were published as of the first of the following month by the Department of Agriculture.
1 Data revised for 1934. See pp. 29 and 56 of the May 1935 issue.
§ Data have been revised for the period January 1933-September 1935. Kevisions not shown in the November 1935 issue appeared on p. 16 of the January 1936 issue.
A The revised series on dyeing and cleaning and laundry employment shown in the August 1935 issue have been dropped by the B. L. S. and the publication of the
original series resumed in the September 1935 issue.




25

SURVEY OF CURRENT BUSINESS

August 1936
Monthly statistics through December, 1931,
together with explanatory footnotes and references to the sources of the data, may be found
in She 1932 Annual Supplement to the Survey

1936
June

1935
June

July

August Septem- October Novem- December
ber
ber

1936

January

February

March

April

May

EMPLOYMENT CONDITIONS AND WAGES-Continued
PAY ROLLS—Continued
Factory unadjusted.—Continued.
Durable goods group—Continued.
79.2
82.2
90.5
78.3
78.4
66.9
67.5
80.7
Machinery,.—1923-25=100.
71.2
75.2
78.9
86.3
89.6
Agricultural implements.1923-25=100—
168.8
136.1
156.5
127.5
135.2
137.5
136.8
145.0
155.2
162.0
165.3
171.0
172,5
Electrical machinery, etc. 1923-25=100-.
56.1
71.1
65.2
72.8
54.7
57.8
62.1
64.6
65.1
61.3
61.0
63.7
68.6
Foundry and machine shop products
1923-25=10079.6
56.2
64.6
56.7
60.0
65.3
68.5
66.7
68.3
71.6
62.2
. 75.4
78.4
Radios and phonographs_1923-25=100185,8
162.0
100.9
112.9
133.9
166.3
179.8
143.7
126.2
114.0
109.7
118.0 «141.9
Metals, nonferrous §
1923-25=100—
617
75.2
78.4
76.1
62.9
59.9
70.9
78.5
79.4
72.7
72.4
73.9
74.0
Aluminum manufactures §
1923-25=10076.0
80.9
64.6
58.3
65.8
77.0
76.7
74.6
69.6
76.7
79.9
78.7
78.8
Brass, bronze, copper products
73.2
1923-25=10060.0
72.5
72.9
73.4
71.3
70.3
57.5
61.1
69.9
70.8
65.8
73.3
Stamped and enameled ware §
98.8
77.6
1923-25-100—
73.9
82.3
101.0
90.8
96.4
99.9
89.8
102.8
90.7
101.1
97.3
Railroad repair shops
1923-25=100•61.6
53.1
62.3
51.0
48.2
49.0
49.1
54.5
67.1
52.2
57.8
63.1
60.6
Electric railroads.1923-25=10062.7
60.0
62.2
59.0
58.8
59.6
59.1
59.3
61.8
60.8
62.5
63.6
62.5
Steam railroads
1923-25-100-.
52.7
62.4
50.5
47.5
48.3
48.5
54.2
56.9
51.7
57.6
63.2
60.6
•61.6
Stone, clay, and glass products
49. 5
1923-25=10044.5
40.5
38.9
40.9
42.2
38.0
44.6
38.7
43.5
43.9
46.9
49.3
Briek, tile, and terra cotta
31.4
1923-25=10019.3
20.2
19.4
24.0
23.4
21.2
20.0
22.4
22.5
23,3
25.8
29.5
Cement
1923-25=10044.0
35.1
45.5
40.1
37.9
35.8
35.2
33.3
31.1
23.4
23.8
31.8
38.3
Glass1923-25=1009L2
93.0
90.9
91.9
82.0
77.0
82.3
85.6
94.2
82.3
83.8
89.1
92.1
Transportation equipment.l923-25=100—
86.4
109.1
82.4
74.7
71.6
65.7
101.5
102.2
94.8
85.3
96.1
120.3 «112.1
Automobiles
1923-25=10097.7
119.9
93.4
85.7
80.6
72.1
116.7
115.9
106.8
93.6
105.4
121.7 «124.0
Cars, electric and steam .1923-25=100—
68.6
41.0
71.9
46.6
28.0
30.4
31.8
47.4
55.2
51.8
54.0
62.0
70.0
Shipbuilding.
-1923-25=100«95.6
91.8
55.5
59.4
61.5
65.6 •' 70.4
72.5
77.2
77.2
75.3
85.0
95.6
Nondurable goods group* §-1923-25=100*83.4
86. 2
83.3
77.6
77.9
83.4
87.1
82.7
85.1
82.3
82,8
84.9
83.3
Chemicals and products—1923-25=100102. 9
100.6
102. 3
95.0
95.4
97.0
99.0
99.1
100.8
97.9
97.5
102:4
101.3
Chemicals_•
_
1923-25=100—
107.0
100.1
108.9
98.0
101.6
100.8
98.8
101.9
102.1
99.7
99.9
103.0
104. 9
Druggists' preparations-1923-25=10095.9
99.9
93.3
93.7
92.3
92.0
97.3
94.7
97.2
95.3
94.2
100.0
98.0
Paints and varnishes..—1923-25=10094.8
106.6
94.0
88.9
87.8
89.5
94.0
93.7
91.8
93.5
95.9
100.7 «106.0
Petroleum refining
—1923-25=100102.2
105.0
99.3
100.5
102.5
102.8
98.8
104.0
99.5
98.5
103.0
101.7 «10g.4
Rayon and products—1923-25=100259.0
263.5
262.4
240.5
240.2
253.4
264.1
263.3
268. 0
264.4
260.8
267.3
254.9
Food and products
-1923-25=10092.7
98.0
95.8
90.9
96.9
100.9
105.5
91.9
90.5
87.3
84.7
87.5
87.7
Baking—
—1923-25=100104.1
100.8
106.0
99.6
96.5
95.7
101.6
99.7
99.4
99.0
99.8
100.9
100.4
Beverages
1923~25~100192.9
157.7
198.6
173.4
192.7
189.8
171.0
151.2
147.4
147.0
143.3
162.4
168.0
Slaughtering, meat packing
80.2
74.8
75.0
1923-25 -100,.
75.6
73,2
77.7
81.6
74.1
79.7
73.8
74.1
73.6
77.6
Leather and products...-.1923-25=100—
65.9
73.8
66.7
70.9
77.5
79.8
75.5
69.9
81.7
76.9
66.6
75.4
79.1
Boots and shoes
—1923-25=100—
56.8
65.9
58.2
•64.7
73.1
74.5
69.7
62.4
77.7
71.1
56.1
66.7
72.7
Leather-—
1923-25=10095.9
99.4
94.6
91.1
91.2
96.6
93.8
94.5
94.2
95.2
101.4
103.7
99.7
Paper and p r i n t i n g — 1 9 2 3 - 2 5 = 1 0 0 91.9
88.2
90.3
83.4
81.4
88.9
90.5
91.1
83.0
86.2
88.0
91.8
88.2
Paper and pulp
1923-25=100—
97.0
93.3
95.8
87.4
85.1
93.4
94.9
96.2
87.2
90.7
91.7
94.4
91.7
Rubber products §
1923-25 -100. _
«76.8
70.8
79.4
64.9
61.3
69.8
63.0
74.0
64.3
68.8
70.3
74.5
70.2
Rubber tires and tubes—1923-25=100,.
«68.2
59.0
70.9
58.9
54.2
60.2
47.4
63.2
55.8
59.0
59.9
63.8
59.9
Textiles and products
1923-25=100—
77.0
84.5
75.7
70.9
68.4
81.1
84.3
80.0
78.9
84.6
79.7
81.9
79.1
Fabrics
—1923-25=100?6.4
83.3
76.5
72.0
70.1
79.9
80.0
78.3
76.5
80.4
82.6
85.3
80.0
Wearing apparel
1923-25=100—
«73.8
81.8
69.6
64.6
60.8
78.6
87.6
78.7
78.8
87.8
69.2
70.5
72.6
Tobacco manufactures- 1923-25*100—
46.8
50.5
48.3
46.8
47.6
43.4
44.9
42.6
46.6
49.4
48.9
49.6
41.7
Factory by cities:
92.9
80.4
76.4
Baltimore*.—
—1929-31=10073.9
80.3
81.6
80.0
78.1
89.9
85.4
79.3
77.1
•91.3
Chicago*
1925-27=10054.2
45.9
49.6
51.1
52.2
52.3
55.7
46.7
48.8
48.9
50.6
51.2
46.7
Milwaukee*
1925-27=10089.5
77.9
82.7
•81.2
87.0
89.3
91.5
76.3
82.6
84.5
86.7
84.5
77.5
New York*—
1925-27=10063.4
56.8
66.7
63.9
69.1
65.0
61.2
57.4
67.1
63.4
64.5
63.6
62.3
Philadelphia*t__
1923-25=10079.8
72.3
81.0
78.2
80.0
76.8
80.8
73.2
79.6
79.7
80.4
78.2
76.4
Pittsburgh*f
1923-25=10090.4
56.7
76.2
73.9
75.5
88.7
93.5
60.8
67.0
74.5
74.5
71.4
65.8
Factory by States:
76.9
66.4
70.4
69.2
Delawaref
. - 1923-25=10065.1
70.5
72.3
70.8
71.9
70.5
69.9
70.8
73.5
IllinoisA
1925-27=10062.8
64.4
52.3
51.8
53.5
55.6
56.9
56.5
58.4
57.4
58.3
60.8
61.3
Maryland*
1929-31=100«93.2
94.3
79.7
77.1
80.6
85.5
84.9
82.5
83.9
81.9
83.3
84.4
88.4
a
Massachusetts*t
1925-27=100«65.4
64.0
«59.4
«59.9
«62.5
°64.8
°65.9
«62.4
66.8
«64.8
« 65.9
• 65. 3
«66.0
New Jerseyf^
—..1923-25=10068.8
70.0
59.2
58.8
63.3
64.8
67.6
68.1
68.1
65.2
65.0
66.4
67.4
New Y o r k —
1925-27=10066.6
66.3
60.2
59.5
62.5
65.9
66.3
64.3
65.9
64.4
64.5
67.2
66.4
Pennsylvaniaf
..1923-25=100«74.1
75.9
59.8
58.0
63.9
65.0
70.3
68.4
68.2
66.0
67.2
69.0
« 72; 8
Wisconsin
_
1925-27-100..
78.1
77.1
80.4
81.8
70.5
76.2
74.3
75.8
77.3
75.2
74.0
79. 2
79.0
Nonmanufacturing (B. L. S.)i
Mining:
42.0
37.5
28.4
66.0
28.3
55.4
38.2
55.9
54.4
Anthracite-.
1929=10042.6
76.7
28.6
56.3
Bituminous coal—fc..1929=100—
62.2
69.8
61.6
64.7
35.9
60.1
65.5
69.5
70.6
78.4
70.2
62.1
45.8
Metalliferous—
1929=10047.7
38.7
48.2
31. 5
31.1
35.4
39.6
43.2
41.7
42.8
45.1
45.4
33.4
Petroleum, crude production
58.5
59.2
59.9
57.9
57.2
1929=10059.9
60.9
58.9
55.7
55.9
56.8
55.7
58.0
Quarrying and nonmetallic-1929=100—
42.1
43.9
33.8
34.4
35.4
36.5
32.1
29.7
25.5
23.9
30.9
36.0
36.3
Public utilities:
Electric light and power and manu88.1
79.8
81.5
84.4
factured gas
_
1929=10082.8
83.4
86.0
84.5
84.8
87.0
86.6
84.7
86.1
Electric railroads
—1929=100—
66.1
66.8
63.9
63.4
64.0
64.1
63.8
65.0
68.3
67.8
65.9
63.3
66.1
Telephone and telegraph... 1929=100—
77.4
74.4
75.7
73.8
74.9
74.9
75.0
76.2
77.2
76.0
75.5
75.6
/78.5
Trade:
66.4
63.2
Retailf
.-1929=10062.5
63.4
60.5
62.5
59.3
62.1
63.5
65.4
69.3
65.8
61.6
Wholesalef
1929=10068.2
68.4
64.6
67.2
66.8
66.6
66.6
69.0
67.9
64.6
64.8
66.9
68.6
Miscellaneous:
Dyeing and cleaning*!*
1929=100—
69.2
61.5
65.7
58.2
61.1
55.4
52.9
64.2
63.1
56.4
51.6
72.2
49.0
Hotelsf
—
1929=100..
67.0
66.6
62.1
63.1
64. 3
64.9
66.5
66.0
66.3
63.5
62.0
64.8
64.2
Laundries*t*
1929=100-1
75.6
75.8
70.9
67.9
67.1
68.3
67.8
69.9
70.9
68.2
69.2
66.7
67.5 I
•Revised.
•For earlier data on the following subjects, refer to the indicated pages of the monthly issues as follows: Pay rolls, Baltimore, p . 18, December 1932; pay rolls, Chicago,
p. 20, June 1933; pay rolls, Milwaukee, p. 18, December 1932; pay rolls, New York, p. 29, June 1933; pay rolls, Philadelphia, p. 18, December 1932; pay rolls, Pittsburgh,
p. 18, January 1934; pay rolls, Maryland and Massachusetts, p. 18, December 1932; pay rolls in dyeing and cleaning establishments and laundries, p. 19, June 1933. Data
on pay rolls for nondurable goods industries for the period January 1923-June 1935 are shown on p. 19 of the August 1935 issue.
t Revised series. For revisions on the following subjects, refer to the indicated pages of the monthly issues as follows: Pay rolls, Pennsylvania, Delaware, New Jersey,
and Philadelphia, p . 19, September 1933; for revisions of years 1930-34 for these series and for the city of Pittsburgh, see p . 20 of the March 1935 issue; pay rolls, Massachusetts, for 1931, p. 19, August 1933 and 1932-34 p. 20, September 1935, revisions for period January 1933-May 1936 not shown above will appear in the 1936 supplement;
pay rolls in wholesale and retail trade for 1930-34, inclusive, p. 20, March 1935; pay rolls in dyeing and cleaning establishments and laundries, p. 20, August 1934; hotels
revised for the period January 1929-July 1935, inclusive; see p. 20 of September 1935 issue.
A Revised data on Illinois pay rolls from April 1929 to December 1932 will be shown in a subsequent issue.
• The revised series on dyeing and cleaning and laundry payrolls shown in the August 1935 issue have been dropped by the Bureau of Labor Statistics and the publication of the original series resumed in the September 1935 issue.
§ Data have been revised for the period January 1933-September 1935. Revisions not shown in the November 1935 issue, appeared on p . 16 of the January 1936 issue
83020—36
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

1935

1936

June

August 1936

June

July

1936

August Septem- October Novem- Decem- January Februber
ary
ber
ber

March

April

May

EMPLOYMENT CONDITIONS AND WAGES—Continued
WAGES-EAENINGS AND RATES

Factory, weekly earnings (25 industries) :*t<?
All wage earners.
dollars.Male:
Skilled and semiskilled
dollarsUnskilled
_ -- .dollars—
Femaledollars—
All wage earners
— » .—1923=» 100 _ Male:
Skilled and semiskilled
1923=100Unskilled
1923=100..
Female
—1923=100—
Factory, av. hourly earnings (25 industries) :*t<?
All wage earners
dollars—
Male:
Skilled and semiskilled
..dollarsUnskilled
dollarsFemale
-s.
—' -dollars—
Factory, weekly earnings, by States:
Delaware
---1923-25=100 _
Illinois
—
1925-27=100Massachusetts*f .
- —1925-27=* 100 _
New Jersey—
.1923-25 - 1 0 0 New York.
1925-27=100—
Pennsylvania
1923-25=100—
Wisconsin—
1925-27-100Miscellaneous data:
Construction wage rates:*§
Common labor (E. N. i2.).dol. per hour—
Skilled labor (E. N. R.)..dol. per h o u r Farm wages, without board (quarterly)
dol. per month—
Railroads, wages
. dol. per hour—
Road-building wages, common labor:#
United States
dol. per h o u r East North Central
-dol. per hour—
East South Central
dol. per hour—
Middle Atlantic
. dol. per hour—
Mountain States
..• dol. per hour—
New England
-—
dol. per hour—
Pacific States
dol. per hour..
South Atlantic
__dol. per hour—
West North Central
dol. per h o u r West South Central
dol. per h o u r Steel industry:
U. S. Steel Corporation
dol. per hour—
Youngstown district percent base scale—

24.29

21.46

21.75

22.32

22.58

23.12

23.31

23.47

23.09

23.09

•23.20

23.78

24. 08

27.33
19.85
14.94
91.3

24.11
17.48
14.73
80.6

24.58
17.66
14.77
81.7

24.97
18.16
15.33
83.9

25.06
18.65
15.56
84.9

25.83
19.34
15.60
86.9

26.40
19.47
15.97
88.2

26.04
19.08
15.12
86.8

26.14
18.93
15.42
86.7

27.15
19 71
14.94
90.5

78.3
78.5
85.4

79.8
79.3
85.7

81.1
81.5
88.9

81.4
83.7
90.3

83.9
86.8
90.5

85.7
87.4
92.6

84.5
85.6
87.7

84.9
85.0
89.4

26.37
19.14
15.33
87.2
85.6
85.9
88.9

26.85
19.39
15.08
89.4

88.7
89.1
86.7

26.05
19.48
15.61
87.6
84.6
87.4
90.5

87.2
87.0
87.5

88.1
88.5
86.7

.617

.599

.598

.601

.601

.602

.604

.605

.600

.606

.610

.612

•.615

.682
.497
.430

,660
.493
.436

.659
.489
.434

.663
.491
.435

.665
.491
.434

.665
.497
.435

.667
.501
.435

.668
.502
,434

.663
.492
.431

. 671
.493
,430

.675
.496
.429

.677
.495
.429

.680
.499
.432

85.8
85.0
98.6
86.3
93. 2
88.0

77.6
76.3
«84.1
91.3
83.0
79.4
80.8

76.5
«77.4
«84.4
90.6
82.6
76.5
81.2

77.3
79.2
86.8
92.7
85.7
82.9
85.9

80.1
«80.9
«86.1
94.2
85.2
87.1
84.8

82.5
80.0
•81.8
94.4
83.7
86.0
84.5

85.1
«82.2
«87.4
96.2
86.4
86.3
87.9

84.4
' • 81.7
«87.1
95.4
85.7
85.0
86.2

83.4
«81.9
«87.4
95.4
85.6
85.9
83.4

83.1
84.2
«87.2
97.1
87.0
87.7
88.4

84.6
83.5
«88.5
97.9
85.7
91.9
87.9

.564
1.14

.527
1.07

.529
1.08

.529
1.08

.529
1.08

.529
1.10

.528
1.10

.528
1.10

.547
1.12

.547
1.12

.547
1.13

.552
1.13

32.21

30.08
.670

.662

.658

30.38
.669

.667

.682

28.63
.685

.680

.692

30.87
,692

.669

.54
.30
.46

.42
.53
.30
.43

.42
.53
.30
.43

.42
.54
.30
.43

.42
.54
.30
.43

.42
.54
.30
.44

.42
.55
.30
.44

,41
.55
.30
.44

.40
.58
.30
.44

.38
.60
.30
.46

.37
.62
.30
.48

.38
.57
.30
.46

.42

.56
.47

.57
.43

.57
.43

.57
.44

.57
.46

,57
.46

.57
.47

.56
,48

.55
.48

.54
.50

.55
.50

.55
.52

.57
.48

.42

.55
.33
.49
.36

.485
115.0

.56
.31
.47
.37
.485
115.0

72.6
* 78.3
85.9
93.1
84.7
83.0
81.2

a

.57
.31
.47
.36

,57
.31
.47
,36

.485
115.0

.485
115.0

a

.57
.31
.47
.36

.485
115.0

.58
.32
.47
.36

.485
115.0

.59
.48
.36

.60
,33
.48
.36

.485
115.0

.485
115.0

OO

.60
.31
.48
.37

.57
.33
.49
.36

.59
.32
.47
.36

.485
115.0

.485
115.0

.485
115.0

a

85.8
84.2
88. 3
99.0
85.9
92.6
87.7
.558
1.14

.56
.30
.45

.57.
.33
.46
.37

.55
.34
.48
.36

.485
115.0

.485
115.0

FINANCE
BANKING
Acceptances and com'l paper outstanding:
359
344
377
322
384
321
331
387
343
Bankers' acceptances, total.-mills, of dol—
397
363
316
328
Held by Federal Reserve banks:
For own account
mills. of dol „.
For foreign correspondents
mills, of dol—
Held by group of accepting banks, total
321
310
292
301
339
353
340
358
368
296
276
mills, of dol—
297
317
150
172
143
148
145
181
178
155
182
183
148
154
129
Own bills
mills, of doL.
171
167
147
154
142
161
172
168
163
175
185
148
147
Purchased bills
mills, of dol—
38
34
34
27
30
26
37
31
24
29
29
24
40
Held by others
mills, of dol—
180
159
174
177
183
180
176
184
178
172
164
169
Com'l paper outstanding
mills, of dol—
178
Agricultural loans outstanding:
Farm mortgages:
2,062
2,059
2,060
2,066
2,024
2,059
2,063
2,036
Federal land banks
.mills, of dol— 2,064
2,072
2,047
2,017
2,066
158
184
166
162
180
201
195
190
Joint stock-land banks*
mills, of dol—
154
208
151
176
170
823
755
Land-bank commissioner*.mills. of dol—
811
818
786
743
733
827
803
795
777
765
827
Federal intermediate credit bank loans to
and discounts for:A
Regional agricultural credit corp's and
123
133
production credit ass'ns..mills, of doU111
129
140
100
125
131
144
105
105
115
101
All other institutions
mills, of dol—
52
49
64
64
50
53
53
60
53
50
49
68
48
Other loans:
Agricultural marketing act revolving
fund loans to cooperativesf
mills, of dol—
44
49
44
42
44
46
46
45
47
49
44
44
44
Banks for cooperatives, incl. Central
Bank* _
mills, of dol—
41
43
24
40
51
25
43
48
40
31
40
50
47
s
104
112
104
126
122
114
125
114
109
125
114
Emergency crop loans*
mills, of dol—
«106
105
127
103
110
101
93
116
135
109
107
139
92
Prod. cred. ass'ns*
mills, of dol—
94
96
39
41
69
59
52
38
65
36
40
73
Regional ag. credit corp.*—mills, of dol—
46
43
41
fRevised series. For revisions on the following subjects, refer to the indicated pages of the monthly issues. Massachusetts weekly earnings for 1931, p. 19, August
1933; and for 1932-34, p. 20, September 1935; factory weekly and hourly earnings for 1933, p. 20, July 1934. Certain classes of loans included in the figures shown through
May 1934 have been reclassified and removed from the agricultural category.
<?Data for 1934 revised. See pp. 30 and 56 of the May 1935 issue.
§Construction wage rates as of July 1,1936—common labor, $0,554; skilled labor, $1.15.
^Beginning with March 1932 data are based on Federal-aid and State projects; before that time the data are based on Federal-aid projects.
^Joint-stock land banks in liquidation.
*New series. For earlier data on the following subjects, refer to the indicated pages of the monthly issues as follows: Factory weekly earnings for period of January
1927 through August 1932, p. 20, October 1932; factory hourly earnings for January 1926-Deeember 1931, p. 18, December 1932; weekly earnings Massachusetts for January
1926-December 1931, p. 18, December 1932; construction wage rates for January 1622-July 1933, p. 19, September 1933. Additional series on agricultural loans were first
included in the June 1934 issue for land-bank commissioner for period July 1933-April 1934. Additional series were also included in this issue for banks for cooperatives
including central bank and production credit associations for the period October 1923-April 1934, and emergency crop loans and regional agricultural credit corporations for
April 1933-April 1934. Data for emergency crop loans for fiscal years from June 1922-June 1931 and monthly periods January 1932-March 1933 and regional credit corporations for October 1932-Marcl) 1933 will be shown in a subsequent issue.
ABreak-down of figures shown in issues up to November 1934.




Monthly statistics through December 1931,
together with explanatory footnotes and references to the sources of the data, may be found
in the 1982 Annual Supplement to the Survey

27

SURVEY OF CURRENT BUSINESS

August 1936
1936
June

1935
June

July

August Septem- October Novem- December
ber
ber

1936
January

February

March

April

May

FINANCE—Continued
BANKING—Continued
33,287
31,475
31,572
35,424
32,227
32,577
29,031
34,783
30,268
Bank debits, total. _
mills, of doL. 37,505
33,225
36,360
37,496
16,737
15,667
17,925
15,542
15,733
14,014
17,286
15,806
14,733
16,227
17,684
19,629
New York City....
mills, of d o l - 18, 623
15,808
17,499
16,685
16,844
16,550
15,016
17,497
15, 536
16,998
15,766
18,676
Outside New York City
mills, of dol— 18,882
17,867
Brokers' loans:
^Reported by N . Y. Stock Exchange
989
1,064
924
792
809
925
769
772
970
997
846
938
781
mills, of doL.
1.94
2.23
2. GO
1.84
2.23
1.94
1.93
1.98
1.94
1.81
1.84
1,88
1.93
Ratio to market value — percent—
By reporting member banks:
To brokers and dealers in N . Y.*
921
973
1,032
990
898
779
825
mills, of dol—
1,154
893
980
846
850
778
To brokers and dealers outside N. Y.*
253
209
152
183
220
171
183
170
mills, of dol—
171
173
160
169
Federal Reserve banks:
11,094
11,184
9,529
11,127
11,088
9,872
11,266
10,780
11,026
10,416
9,556
9,749
Assets, total
mills, of d o l - 11,574
Reserve bank credit outstanding
2,475
2,482
2,473
2,474
2,479
2,482
2,465
2,480
2,486
mills, of doL. 2,473
2,480
2,485
2,477
K
3
5
3
5
5
5
Bills bought
—mills, of d o l 0
4
5
7
6
5
8
9
7
6
5
6
10
Bills discounted-mills, of dol—
11
2,430
2,430
2,430
2,430
2,433
2,430
2,430
2,431
2,430
2,430
United States securities-mills, of dpi..
2,430
2,430
2,432
8,385
8,027
8,049
8,021
6,426
8,006
7,835
7,285
8,132
6,515
7,566
6,838
Reserves, total
mills, of do)..
6,716
7,680
8,119
7,717
7,685
7,571
7,053
6,203
7,668
7,837
6,246
7,347
6,633
Gold reserves!
-mills, of dol—
6,502
11,127
11,026
10,416
11,184
11,094
9,529
11,088
11,266
9,556
10,780
9,872
Liabilities, total-,
mills, of d o l - 11,574
9,749
6,497
6,386
6,999
6,524
6,535
5,406
6,617
6,574
5,478
6,166
5,613
Deposits, totaL
mills, of doL. 6,585
5,562
5,087
5,587
5,648
5,633
5,486
5,784
4,979
5,860
5,719
5,100
5,835
5,254
Member bank reserves
mills, of doL.
5,305
2,305
2,844
2,970
2,664
2,986
2,414
3,084
2,513
3,100
2,600
Excess reserves (est.) *, „ - mills, of dol._ 2,717
2,708
3,764
3,709
3,532
4,034
3, 762
3,732
3,258
3,795
3,633
3,262
Notes in circulation——mills, of dol—
3,647
3,474
3,399
78.2
77.6
76.4
79.0
78.3
78.1
74.2
78.1
74.5
77.1
75.3
Reserve r a t i o . . .
percent..
78.4
74.9
Federal Reserve reporting member banks:J
Deposits:
13,578
12,921
14/090
14,258
14,017
12,962
14,580
13,887
14,018
13,598
13,263
13,246
Demand, adjusted*
mills, of doL. 14,679
5,011
4,909
4,900
5,047
4,842
4,888
4,911
4,856
5,035
4,872
4,899
4,839
4,890
Time..,
——mills, of dol—
13,047
14,159
13,452
13,229
12,996
12,646
12,034
11,791
13,522
12,480
12,476
12,022
12,390
Investments
mills, of dol—
U. S. Gov. direct obligations*
9, 510
8,802
8,643
8,690
8,655
8,909
8,468
7,947
7,824
8,177
8,301
mills, of dol—
7,877
8,183
U. S. Gov. guaranteed issues*
1,289
1,172
1,281
1,265
972
1,305
1,201
1,126
1,137
1,133
1,017
1,094
mills, of dol—
1,035
3,360
3,321
3,169
3,369
3,156
2,995
3,308
3,052
3,166
3,042
3,070
3,110
3,113
Other securities*mills, of dol—
8,460
8,392
7,959
7,999
8,343
7,902
8,037
8,249
8,152
7,811
7,817
8,030
Loans, total
mills, of doL.
Acceptances and commercial paper*
315
352
322
349
360
346
362
353
306
324
315
329
310
mills, of dol—
1,145
1,144
1,147
1,146
1,142
1,144
1,141
1,136
1,140
1* 146
1,136
1,147
1,135
On real estate *
...mills, of d o l 62
88
87
83
66
65
81
67
76
150
103
92
75
To banks
,*.,.,.--~..mills, of dol—
3,095
3,319
3,313
3,006
3,208
3,117
3,128
3,304
3,274
3,108
3,076
3,486
3,009
On securities
...mills, of dol—
3,380
3,340
3,619
3,495
3,277
3,281
3,304
3,485
3,401
3,401
3,190
3,288
Other loans*
mills, of dol—
Interest rates:
Acceptances, bankers' prime.
percent—
H
X
H
X
X
X
X
X
X
X
X
H
X
Bank rates to customers:*
2.44
2.54
2.64
2.61
2.66
2.61
2.56
2.72
2.61
2.67
2.72
In New York City
-percent—
2.77
2.51
In eight other northern and eastern
3.62
3.51
3.63
3.63
3.75
3.78
3.47
3.60
3.75
3.87
3.79
3.67
cities
percent3.45
In twenty-seven southern and western
4.76
4.39
4.44
4.47
4.51
4.55
4 58
4.51
4.55
4.51
4.63
cities.....
.percent4.40^
4.43
.25
.25
1.00
.75
Call loans, renewal
percent—
.29
.25
,25
.75
.75
.75
.75
.75
ZA
Com'l paper, prime (4-6 mos.)-—percent34
94
/\
1.50
1.50
1.50
Discount rate, N. Y. F. R. Bank—percent—
1.50
1.50
1.50
1.50
1.50
1.50
1.50
1.50
1.50
4.19
A. 00
4.00
4.00
4.00
4.00
4.00
4.00
4.00
4.00
Federal Land bank loans*
.percent—
4.00
4.00
4.00
2.00
2.00
2.00
2.00
2.00
2.00
2-00
2.00
2.00
2.00
Intermediate credit bank loans—percent2.00
2.00
2.00
1
1
1
1
Time loans, 90 days.
^percentH
1
1-1H
H
H
H
H
Savings deposits:
New York State Savings banks
5,204
5,187
5,179
5,210
5,177
5,154
5,161
5,161
5,152
5,175
5,177
5,187
mills, of dol—
5,165
U. S. Postal Savings:
Bal. to credit of depositors.thous. of dol— 1,231,541 «l,204,863 1,189,490 1,191,754 1,191,677 1,196,427 1,198,966 1,201,304 1,207,971 1,213,765 1,215,811 «1,215,173 1,214,037
Bal. on deposit in banks—thbus. of dol— 185,007 384,510 363,001 347,870 318,513 305,778 293,598 286,588 243,702 224,497 220,578 «216,124 191,461

m

Commercial failures:
944
902
1,077
884
787
733
910
1,056
898
856
Grand total.number—
832
946
830
47
43
59
48
46
43
47
53
58
41
Commercial service, total
number—
47
35
38
54
55
51
53
38
36
54
74
58
36
Construction, total
number..
51
32
46
166
172
174
132
143
143
169
180
210
137
Manufacturing, total.
number158
161
146
6
5
10
1
9
11
10
6
8
3
Chemicals and drugs.
number..
2
5
5
48
40
40
43
45
35
38
35
57
34
50
Foods-..
—_ .number..
37
33
10
14
18
9
6
11
11
16
12
13
11
12
Forest products
number11
5
3
2
5
3
1
7
6
3
3
4
Fuels
number2
5
11
6
5
5
8
13
9
6
5
8
7
Iron and steel.,:
number..
9
8
8
8
10
7
10
4
4
8
9
Leather and leather products.number—
12
8
3
7
8
12
11
12
6
5
2
Machinery
—number6
Paper, printing, and publishing
12
12
4
12
13
9
number—
10
10
8
13
17
17
13
« Revised.
•New series. For earlier data on the following subjects, refer to the Indicated pages of the monthly issues. New series on "Brokers' Loans" for the period January
1929-December 1935 are shown on p. 19 of the March 1936 issue. For new series on bank rates to customers see p. 19 of the March 1936 issue. For new series on interest
rates of Federal land banks see p. 20 of the April 1935 issue. Data on excess reserves for the period Sept. 1, 1931-ApriI 1936 are shown on p . 20 of the July 1936 issue. See
footnote below on break-down of Investments and total loans. These 3 series represent a break-down of the investment total. Monthly data previous to October 1934 not
available. Data on acceptances and commercial paper, on real estate, to banks and other loans represent a break-down of the "All other" loans total which was published
prior to Oct. 1,1935.
§Figures subsequent to December 1933 represent gold certificates on hand and due from Treasury, plus redemption fund.
JMethod of computing net demand deposits subject to reserve was changed by the "Banking Act of 1935" approved Aug. 23,1935. Consequently figures since that
date are not comparable with those for earlier periods. Data for months August 1934-August 1935 were incorrectly shown in the October 1935 issue.
^Data on Federal Reserve Reporting Member Banks represent operations in 101 leading cities. These series, according to a statement in the Fedfral Reserve Bulletin
for November 1935, in the main, represent a continuation of the 101 city series published prior to the bank holiday. It is pointed out that although the banking crisis and
subsequent developments affected these series considerably, the data reflect the course of banking developments during the disturbed period. Data on 101 cities were last
shown in the May 1933 Survey for February 1933. Figures on the new basis not shown above will appear in a subsequent issue.
<? Classifications have been changed and revised data prepared beginning with January 1934. These data are shown on p. 20 of the May 1936 issue.




6F CURRENf 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

1936
June

August 1936
1936

1935

June

July

August Septem- October Novem- Decem- January Februber
ber
ary
ber

March

April

May

FINANCE—Continued
FAILURES*— Continued
Commercial failures—Continued.
Grand total—Continued.
Manufacturing, total—Continued.
Stone, clay, and glass products
number..
Textiles..
numbersTransportation equipment- -number.„
Miscellaneous- _„.__
number..
Wholesale trade, total
number—
Retail trade, total
numberLiabilities:
Grand total--.
thous, of dol—
Commercialservice,totaLthous. of dol—
Construction, total
thous. of dol—
Manufacturing, total thous. of dol—
Chemicals and drugs—thous. of doLFoods
__
_
„__thous. of dol—
Forest products
thous. of dol—
Fuels
thous. of dol—
Iron and steel
_thous. of dol—
Leather and leather products
thous. of dol—
Machinery
thews, of dol—
Paper, printing and publishing
thous. of dol—
Stone, clay, and glass products
thous. of dol—
Textiles
—thous. of dolTransportation equipment
thous. of dol—
Miscellaneous
thous. of dol—
Retail trade, total
thous. of dolWholesale trade, total thous. of dol—
MFE INSURANCE

17
81
551

2
27
1
20
72
479

10
32
3
10
94
557
13,266
469
1,471
4,297
8
802
322
587
801

17,002
2,602
1,185
2,840
260
1,029
71
58
65

17,185
1,187
2,792
4,984
122
1,038
1,026
77
210

14,384
731
2,948
3,954
442
967
195
4
52

15,686
2,969
1,971
4,358
196
645
905
831
198

18,104
1,867
2,435
5,834
184
1,588
925
95

14,089
404
1,819
3,360
12
1,164
340
99
227

175
168

143

275

275
30

71
128

403
61

49
125

186

102

246

322

109
763

265
1,779

4

625

4
406

10
316
4,777
1,611

72
360
6,245
1,723

12
254
6,651
1,855

146
568
47
407
5,503
1,263

110
848
5,581
1,480

517
211
5,933
1,423

19, 423
19,328
4,383
4,420
789
. 799
3,594
3,621

19, 545
4,348
776
3,572

19, 627
4,325
768
3,557

19,732
4,304
762
3,542

9,565
4,099
2,061

51

5
48
6
18
81
633

3
23
65
559

47
1
28
75
548

5
39
4
25
89
704

1
30
2
21
98
544

7
27
3
23
88
602

2
18
93
506

1
26
8
21
72
533

16, 271
650
4,484
4,371
21
707
248
21
90

14,157
567
1,570
4,959
108
762
169
122
154

15,375
494
4,816
2,709
90
389
264
94
124

51
218

140
93

108
128

1,020

374

9,177
638
1,050
2,541
95
509
394
78
162

12,918
1,177
1,079
3,580
91
560
484
138
57

16, 523
1,525
1,294
5,237
88
1,347
150
525
631

244
228

188
306

327
79

147

13

379

110

7
356

567
720

875

385
856

617

1,171

313
3,535
1,413

290
166
5,684
1,398

340
6,327
2,140

36
115
5,220
1,809

132
201
8,539
1,836

68
195
5,905
2,318

18,567
4,631
855
3,776

18,696
4,590
844
3,746

18,786
4,552
831
3,721

18,887
4,517
821

18,990
4,502
820
3,682

19,109
4,480
812

19,196
4,448
807
3,641

8,375
3,199
1,888
2,637
651

8,531
3,264
1,973
2,623
671

1,979
2,633

8,854
3,515
1,997
2,635
707

8,945

3,318
1,998
2,627

2,045
2,622
709

9,161
3,801
2,015
2,596
749

9,242
3,889
1,998
2,604
751

9,265
3,907
1,987
2,604
767

4,039
2,041
2,614
774

2,829

2,821

2,813

2,807

2,797

2,786

2,777

2,766

2,756

2,748

1,229
26
934

404

94
129
63
715
487
5,371
1,380

(Association of Life Insurance Presidents)

Assets, admitted, totalf
mills, of doL.
Mortgage loans—.
mills, of doL.
Farm...
.
mills, of doL.
Other
-—mills, of doL.
Bonds and stocks held (book value):
mills, of dol_.
Government—
mills, of doL.
Public utility...
mills, of doL.
Railroad
.
.mills, of doL.
OtherA
mills, of dol..
Policy loans and premium notes
mills, of doL.
Insurance written:!
Policies and certificates
--thousands.,
Group
_^._._
thousandsIndustrial
..
thousands,.
Ordinary—
thousandsValue, total...
thous. of doL.
Group
.
...thous. of doL.
Industrial
thous. of dol_.
Ordinary.-. ^-_,_«J...i._.-thous. of dol..
Premium collections!
thous. of dol_.
Annuities
.
thous. of dol_.
Group
thous. of dol_.
Industrial
.-thous. of doL,
Ordinary
„ . * thous. of dol_
,

769

9,697
4,193
2,067
2,659
778

2,741

2,734

31,338
233,988
463,112

1,047
25
775
248
700,059
36,981
207,408
455,670

1,150
1,114
1,034
949
32
24
30
65
30
769
868
692
703
203
217
277
216
788,003 681,506 665,140 775, 982 743, 945
74, 606 40,981 30, 498 56,213 37,213
187,874 193,344 212,055 246,011 244, 356
525,523 447,181 422, 587 473,758 462,376

1,098
47
821
230
753, 410
59,130
230,464
463,816

251,726 349,903 286,015 252, 542 262.030 250,149
33, 624 64, 656 52, 382 26, 254 31,136 30, 837
9,791
9,452
10,679
10,681
10,836
8,515
54,002 94,212 53,805 56, 245 58, 223 47,959
155,585 180,354 168,992 160,591 162,880 160, 674

252, 626
30, 638
9,365
55,009
157, 614

1,083
37
805
241
774,123
42,095
233,333
498, 695

250
697,471
39, 537
205,951
451,983

1,022
1,161
942
24
167
20
764
756
716
234
238
206
904,149 651,193 573,481
267, 582 26, 524 22,501
203,465 208, 508 190,044
433,102 416,161 360,936

254,041
27,871
9,700
58,926
157, 544

242,554
30,611
8,415
52,331
151,197

269,121 240,321 225,617
39,836 32, 591 24,716
9,281
8,537
9,567
55,488 51, 561 53,941
164,230
138,423

246,754
31,413
8,546
49,789
157,006

533
224

490
201
51
59
179
126

456
183
50
57
166

414
168
44
53
149

502
215
51
60
176

495
208
51
60
176

576
233
64
69
210
118

479
203
49
54
173

460
198
47
52
163

525
222
56
62
185

506
210

.331
.169

.329

.328
.169

.051
4.97
.066
.403
.375
.082
.293
.678
.137
.256
.805

.051
4.93
.066
.402
.372
.081
.289
.676
.137
.254
.801

.327
.168
.084
.986
.051
4.91
.066
.402
.370
.081
.287
.677
.137
.253

.329
.169
.084
.990
.051
4.93
.066
.402
.372
.081
.287
.678
.137
.254
.802

.331
.169
.084
.999
.051
4.96
.066
.404
.375
.083
.290
.682
.137
.258
.799

.333
.170
.084
1.001
,051
5.00
.067
.407
.377
.084
.291
.687
.138
.258
.803

.331
.170
.085
.998
.051
4.97
.066
.404
.375
.080
.289
.684
.137
.256
.800

.330
.169
.086
.995
.051
4.94
.066
.402
.373
.079
.289
.679
.137
.255

1,047

(Life Insurance Sales Research Bureau)
Insurance written, ordinary, total
mills, of dol.
Eastern district
mills, of dol_
Far Western district
mills, of doL
Southern district
mills, of doL
Western district.*...
mills, of doL
Lapse r a t e s , ^.1925-26=100-

62
189

199
50
176

62
178

504
211
54
60
179

MONETARY S T A T I S T I C S
Foreign exchange rates :#
Argentina*..,.
dol. per paper peso.
.Belgium
-.
.—dol. per belga.
Brazil
*
dol. per milreisCanada
dol. per Canadian doL
Chile^I.
—
—
dol. per peso.
England
...,
.
-dol. per £ .
France
dol. per franc.
Germany
dol. per reichsmarkIndia
___dol. per rupeeItaly
dol. per liraJapan.
dol, per yenfc
Netherlands-—__*
dol. per florin..
Spain...
„„.
dol. per peseta.
Sweden..
._dol. per krona.,
Uruguay..
. . . d o l . per peso..

.334
.169
.086
.997
.051
5.0!
.066
.403
.379
.079
.294
.677
.137
.259
.797

.329
.169
.083
.999
.051
4.93
.066
.404
.372
.083
.290
.679
.137
.254
.804

.330
.169
.083
.998
.051
4.
,C
.404
.373
.082
.292
.680
.137
.256
.805

.051
4.92
.066
.402
.371
.081
.287
.678
.136
.254
.802

.331
. 169
.051
4.97
.066
.403
.375
.079
.291
.676
.136
.256
.797

X See footnote on p. 32 marked "<y."
t Revised series. For earlier data see pp. 18,19, and 20 of the July 1933 issue, insurance written and admitted assets; p. 18 of the June 1933 issue, premium collections.
^ The nominal official gold yalue of the Chilean peso was changed from 3 pence gold to Vfy pence gold as of Jan. 2,1935.
# Par values of foreign currencies as given on pp. 86 and 87 of the 1932 annual supplement were changed with the reduction in gold content of the United States dollar.
• Quotation based on paper peso since Dec. 10,1933, instead of gold peso as formerly. Former equivalent to 44 percent of latter. See not8 on p. 56 of the March 1934
issue.
AThe figures for "other" bonds and stocks held (book value) for the months of January and February 1934 shown as 611 and 616 million dollars, respectively, in the
monthly issues from May 1934 to April 1935 should read 514 for January and 518 for February.




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

29

SURVEY OF CURRENT BUSINESS

August 1936
1936
June

MONETARY STATISTICS—Continued
Gold and money:
Gold:
Monetary stocks, U. S
mills, of dol— 10,514
Movement, foreign:
Net release from earmark.thous. of dol— - 2 4 , 7 8 1
77
Exports
- ——.thous. of dol _
Imports
thous. of dol 277,851
Net gold imports, including gold released from earmark A*thous. of dol— 252,993
Production, Rand
fine
ounces—
Receipts at mint, domesticfine ounces._ "157^*081"
6,062
Money in circulation, total—mills, of dol—
Silver:
197
Exports—
—
thous. of dol—
Imports
thous. of dol— 23,981
.448
Price at New York..
dol. perfineoz—
Production, world •
thous. offineoz—
Canada
thous. offineoz— 1,450
Mexico
- thous. offineoz United States
— t h o u s . offineoz— 5,293
stocks, refinery, end of month:
United States
thous. offineoz— 1,151
Canada
thous. offineoz—
409
NET CORPORATION PROFITS
(Quarterly) f
Industrial corporations, total--mills, of dol—
Autos, parts and accessories—mills, of dol—
Chemicals
- mills, of dol—
Food products and beverages-mills of dol...,
Machinery and machine manufactures
mills, of dol—
Metals and mining
mills, of dol—
Oil
.'
mills, of dol—
Steel
——
mills, of dol—
Miscellaneous
. . . -mills, of dol—
Railways, class I (net operating income)
mills, of dol—
Telephones (net op. income)—.mills, of dol—
Other public utilities (net income)
mills, of d o l PUBLIC FINANCE (FEDERAL)
Debt, gross, end of month- „—_mills, of dol— 33,779
Expenditures, total (incl. emergency) $
thous. of dol— 2,406,077
Receipts, totalf
.—...thous. of dol. 564,167
Customs
„—
thous. of dol— 32,122
Internal revenue, total———thous. of dol— 478,229
Income tax
.thous. of dol— 303,087
Taxes from:*
Admissions to theaters, etc.
thous. of dol—
1,532
Capital stock transfers, etc.
thous. of dol—
1,565
Sales of produce (future delivery)
thous, of dol—
185
Sales of radio sets, etc.— thous. of dol—
423
Reconstruction Finance Corporation loans
outstanding, end of month:t§
Grand total
thous. of dol— 2,421,604
Total section 5 as amended
thous. of doL. 818,426
Bank and trust companies, including
receivers
thous. of dol— 258,287
Building and loan associations
thous. of doL_
4,026
Insurance companies—thous. of dol— 5,115
Mortgage loan companies
thous. of dol— 123,175
Railroads, incl. receivers
thous. of dol— 388,432
All other under section 5
thous. of dol— 39,391
Total Emergency Relief and Construction Act as amended-thous. of dol__ 628,682
Self-liquidating projects
thous. of dol.. 168,489
Financing of exports of agricultural
surpluses
thous. of doL.
47
Financing of agricultural commodities and livestock
thous. of doL. 163,732
Amounts made available for relief
and work reliefthous. of dol— 296,414
Total Bank Conservation Act as
amended
thous. of dol— 821,704
Other loans and authorizations
thous. of dol— 152,792

1935
June | July | August | **$£** | October |

No

January

m

™ r -|

FIN AN CB—Continued

1936
Febru- I March
ary |

April

May

9,025

9,128

9,180

9,246

9,545

9,777

10,072

10,158

10,163

10,172

10,202

10,324

998
166
230,538

-423
59
16,287

1,796
102
46,085

1,015
86
156,805

-1,864
76
314,424

573
242
210,810

1,250
170
190,180

-1,745
338
45,981

-9,506
23,637
7,002

969
2,315
7,795

-155
51
28,106

-3,246
5
169,957

231,370
889,026
112,619
5,522

15,805
927,803
167,667
5,550

47,779
929,331
155,793
5,576

157,734
902,333
173,899
5,651

313,484
931,724
191,898
5,704

211,141
909,550
149,144
5,770

191,260
906,496
193,107
5,897

43,898 -26,141
924,081 894,624
120,712 125,529
5,757
5,779

6,449
933,776
156,435
5,857

27,900
912,639
163,674
5,892

166,706
938,050
181,140
5,918

1,717
10,444
.719
15,157
1,148
5,432
2,387

1,547
30,230
.682
17,309
1,156
6,454
3,352

2,009
30,820
.664
19,927
1,703
8,553
3,170

1,472
45,689
.654
19,111
1,185
7,444
3,548

260
48,898
.654
17,121
1,031
5,237
4,008

512
60,065
.654
15,854
1,300
3,844
3,814

769
47,603
.584
22,781
1,941
9,600
3,688

253
58,483
.473
19,501
1,244
6,862
4,374

141
17,536
.448
«20,527
1,414
7,159
5,056

237
8,115
.448
•21,159
1,845
6,840
5,329

535
4,490
.449
a19,397
1,499
5,783
5,046

203
4,989
.449
19,695
1,276

2,351
1,930

1,943
1,842

1,487
1,576

1,691
1,746

1,076
1,418

538
1,605

1,058
658

1,109
570

1,873
730

1,757
755

1,834
638

1,316
691

147.6
68.8
24.2
16.0

124.7
35.5
31 6
18.0

199.8
75.1
41.6
19.6

170.9
73.0
32.0
16.1

7.3
3.0
6.6
4.6
17.1

6.2
1.9
11.3
2.7
17.5

7.4
4.0
10.1
14.6
27.4

8.2
3.7
9.1
7.3
21.5

126.3
47.4

175.7
53.3

4,754

104.6
54.2

110.0
48.3

-

-

42.4

49.7

39.3

50.5

28,701

29,120

29,033

29,421

29,462

29,634

30,557

30,516

30,520

31,459

31,425

31,636

930,747
496,042
28,177
427,906
251,889

847,317
301,883
29,711
236,962
23,963

701,774
330,301
37,127
229,639
23,172

457,776
586,339
29,704
378,870
230,227

870,626
288,867
33, 276
192,218
28,213

573,013
284,636
31,226
184,096
21,753

694.383
479,722
29,123
275, 487
228,999

487,274
279, 556
33,599
183, 765
36,061

517,044
250,705
33,087
185,001
43, 610

643,098
779,521
35,342
691,051
404,209

681,507
258,759
32, 226
202,780
35,127

590,006
274,415
30,268
182,110
34,517

1,211

1,277

1,314

1,174

1,489

1,867

1,755

1,460

1,405

1,255

1, 266

1,319

1,860

1,623

1,934

2,925

2,132

2,894

3,818

2,871

4,033

3,911

2,992

2,357

264
200

262
146

299
319

282
339

275
643

367
571

263
730

238
601

202
424

165
336

174
321

230
221

2,743,818 2,808,308 2,819,378 2,826,467 2,807,892 2,791,734 2,728,682 2,741,437 2,705,734 2,653,750 2,634,619 2,512,957
965,528

928, 588

905,259

855,495

847,934

839,727

477,885

454,222

440,289

425,897

409, 377

384,346

377, 551

354,801

335,671

288,465

277,383

268,889

9,734
19, 202

10, 202
18,018

9,180
17, 524

8,909
17,137

8, 308
9,967

7,808
9,344

7,274
6,185

6,699
6,060

6,028

5,631
5,750

5,233
5,231

5,019
5,180

1,134,216 1,100,704 1,080,559 1,059,338 1,029,436 1,000,708

5,852
145,427

139,823

136,093

132,127

131,483

131,003

127,879

124,767

125,347

127,511

389, 239

126, 659

394,168

393,154

125,353
414,344

413,338

413,350

412,903

412, 805

412,765

396,250

393,712

67,624

65,101

64,123

62,365

57,496

55,442

50,389

40,660

614,723

700,345

724,740

746,799

751, 448

758,389

732,718

769,321

146,455

148,511

154, 688

168,259

168,265

173,138

146,304

153, 667

14, 532

14,517

14,517

14,300

14,300

14,300

14,027

14,027

156,048

239,629

257,914

267,141

272,115

274, 250

275,760

305,001

297,689

297,688

297, 621

297,099

296, 768

296,701

296,727

296,626

390,199
41,643

40,572

39,974

775,291

760,622

650,437

159,672

163,601

172, 538

13,584

47

47

305,567

300,538

181,436

296,468

296,436

296,416

877,724

877,591

872,625

145,240

148,472

150,168

42,156
771,248

904, 663

901,727

902,309

904,025

906, 557

907,045

897,011

904, 680

90,216

105,582

111, 770

116,305

120,451

125, 592

133,425

138,848

1

155,321
14,027
305,276
296, 625
887,629
141,598

Revised.
• D a t a are compiled by the\ American Bureau of Metal Statistics and represent the estimated world output. The series for the period January 1928-August 1934 presented
in the SURVEY covered the principal producing countries which produced the following percentages of the world total: 1928, 87.9; 1929,87.1; 1930, 85.5; 1931, 82.0; 1932, 75.5;
and 1933, 77.5.
& Series revised to include emergency expenditures. Figures as shown in SURVEY for months prior to May 1932 are comparable with this series. Comparable figures
for the period May 1932 to March 1933 are on p. 33 of the June 1934 issue. Later data are shown in monthly issues.
IFor 1934 includes $2,808,221,138 for February, $2,233,252 for March, $409,052 for April, $298,868 for May, $213,447 for June, $272,163 for July, $268,204 for August, $134,843
for September, $173,702 for October, $116,585 for November, $132,296 for December. For 1935 includes $123,639 for January, $68,241 for February, $157,326 for March, $89,144
for April, $96,103 for May, $105,773 for June, $65,219 for July, $62,055 for August, $62,936 for September, $56,256 for October, $65,780 for November, and $70,889 for December.
For 1936 include $80,222 for January, $43,460 for February. $58,427 for March, $155,254 for April, $42,102 for May, and $41,856 for June, representing the increment resulting
from reduction in weight of the gold dollar.
*For earlier data on net gold imports see p. 20 of the December 1932 issue. For new series for internal revenue tax receipts from admissions to theaters, capital stock
transfers, and sales of radios, see p. 20 of the Feb. 1936 issue. For new series on sales of produce (future delivery), see p . 19 of the April 1936 issue.
§These figures exclude the following amounts, $499,650,000 relief grants to States under the Emergency Relief Act of 1933, $500,000,000 under the provisions of the Emergency Appropriation Act of 1935 approved June 19,1934, $500,000,000 under the provisions of the Emergency Relief Act of 1935 approved Apr. 8,1935 and other allocations
to Federal agencies.
t Revised series. All series of corporation profits revised for period 1928-35. For revised data see p. 20 of this issue. The data of the Reconstruction Finance Corporation has been revised to include the statistics of certain loaning agencies of the Corporation not included heretofore and for revisions made in recent audits. Revised data
for February 1932-June 1935, inclusive, are shown on p. 20 of August 1935 issue. The data have been recently revised again, revisions not shown in the July 1936 issue
will appear in the 1936 Supplement.




A Or exports (—)•.

30

SUEVEY OF CURKENT 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

1936
June

August 1936

1935
June

July

1936

August Septem- October Novem- Decem- January
ber
ber
ber

February

March

212,089
27,113
31,464

583,391
81,519
28,793

April

May

FINANCE—Continued
CAPITAL FLOTATIONS
New Security Registrations Fully
Effective
(Securities and Exchange Commission)
Estimated gross proceeds:*
Total
thous. of d o l Oommon stock..thous. of dol~
Preferred stock—..
-thous. of dol—
Certificates of participation, etc.
thous. of dol—
Debentures and short term notes
thous. of dol—
Secured bonds.
—thous. of dol—
Securities Issued
(Commercial and Financial Chronicle)]
Total, all issues
thous. of dol—
Domestic, total
thous. of dol—
Foreign, total
thous. of dol—
Corporate, total
..thous. of dol-Industrial
thous. of dol—
Investment trusts
thous. of dol—
Land, buildings, etc. _„—thous. of dol—
Long-term issues.
^.thous. of dol—
Apartments and hotels
thous. of dol.
Office and commercial-thous. of doL
Public utilities
—thous. of dol.
Railroads
thous. of dol—
Miscellaneous
..thous. of dolFarm loan and Gov't agencies*
thous. of dol—
Municipal, States, etc
thous. of dol—
Purpose of issue:
New capital, total
thous. of dol.
Domestic, total
thous. of dol.
Corporate
—
_
thous. of dol—
Farm loan and Gov't agencies
thous. of dol_.
Municipal, States, XJ. S. possessions,
etc
thous. of doL.
Foreign
thous. of dol..
Refunding, total-.
thous. of doL.
Corporate—thous. of doL.
Type of security, all issues:
Bonds and notes, totals
thous. of dolCorporate
thous. of doL.
Stocks...—
.
— t h o u s . of dol_.
Bond Buyer
State and municipals:
Permanent Gong term)
thous. of dol_.
Temporary (short term) __..thous. of doL.
COMMODITY MARKETS
Volume of trading in futures:*
Wheat
.—thous. of bu_.
Corn
thous. of bu..
SECURITY MARKETS

Prices:

523,439
120,487
77,317

192,631
35,247
4,514

1,300

530,475
77,428
25,550

254,0C2
24,986
24,547

319,874
62,151
16,714

06,087
25,425
31,047

289,772
55,309
7,080

212,085
41,286
20,873

275,696
27,278
3,125

4,777

11,027

13,708

7,442

55, 219 W19,350
1214,916

41,125
98,679

130,921
334,716

751,013 319,319
168, 638 88,913
53,973 31,506

25,961

11,503

6,235

83,700

1,605

165,636
159,700

29,488
123,382

49,284
352,253

90,846
102,181

77,749
157,026

83,558
182,357

31,786
194,093

731,166
731,166
0
527,630
199,653
0
1,903
0

512,900
512,900
0
129,164
28,500
0
0
0

644, 509 437,127 437,425
644,509 361,127 437,425
76,000
0
0
541,975 209,862 275,854
173,433 92,378 94,707
0
0
0
5,660
0
475
5,660
475
0

368,121
368,121
0
252,395
65,499
4,000
482
482

382,221
382,221
0
250,503
32,750
0
600
600

462,422
422,422
40,000
167,355
54, 504
2,000
250
250

0
0
185,336
106,795
33,943

0
0
88,164
12,500
0

0
0
338,591
651
29,300

0
0
35,412
73,412
3,000

0
0
164,172
16,500
0

0
0
180,644
0
1,770

0
0
217,153
0
0

0
0
83,343
21,090
6,168

94,429
109,107

319,000
64,736

10,500
92,034

85,562
65,703

12,700
148,871

38,962
76,764

17,254
114,464

121, 500
133, 567

217, 270
217,270
151,874

55,457
55,457
13,676

127,127
127,127
55,090

119,794 221, 207
119, 794 221, 207
33,289 66,738

15,000

0

40,290

4,000

11,000

0

5,900

64,396
0
513,896
375,756

41,781
0
457,443
115,488

72,037
0
517,382
486,885

33,153
0
288,917
180,067

127,658
0
264,679
230,767

60,459
0
219,659
179,392

86,505
0
262,426
217,215

114,179
0
241,216
100,617

50,318
0
8,000
287, 571 195,239
200,973 181,141

59,711
0
637,824
536,037

48,793
0
843,360
559,872

68,063
0
301,788
267,385

651,980
448,444
79,186

512,900
129,164
0

611,276
508,742
33,233

412,765
185,499
24,362

272,027
3,827

349,500
233,774
18,621

378,471
246,753
3,750

427,960
132,893
34,462

406,635 280,815
273,907 173f 450
21,163

743,659
594,853
23,692

955,533 373,491
623, 252 265,125
64,498

94,330
83,796

52, 743 115,116
32,941 81,713

70,228
124,087

137,145
16,061

126,454

36,037

93,636
118,586

94,308
22,800

901,531 1,074,776
136,306 197,332

626,949
119,961

569, 673
100,377

53, 744

321,637
45,297

148, 210 172,745 148,462
148,210 172, 745 148,462
29, 795 45,087 73,003
85,262

1,000

768, 278 651,755 1,157,598
148,124 219,502 192,253

917,282
185,330

410,824
354,824
56,000
273,907
150,589

35,373

13,713

113, 593 106,069
379,436 79,118

767,351 1,020,032
743,851 988,532
23,500
31,500
594,853 687,751
101,833
0
0
0
0
0
0

413,359
413,359
0
304,993
133,822
4,800
148
0

0
0
260,779
223,391
8,850

0
0
0
0
315, 587 116,096
122,197 48,727
13, 273
1,400

10,200
97,165

20,000
128,999

98,718
102,063

9,671
98,694

106,739
106,739
13,473

129,527

176,672
129, 527 176,672
58,816 127,879

111, 571
111, 571
37,608

117, 786 111,920
37,219
74,814

466,193
52,161

800,684
92,053

96,426
10,700

591,079
80,460

Bonds

94.44
91.85
94.47
90.54
90.23
93. 59
89.93
94.24
91.62
91.08
91.71
93.90
93.83
All listed bonds (N. Y. S. E.)
dollars97.22
9.7. 26
94.47
92.84
93.07
96.16
92.65
94.12
93.94
93.69
97.63
96.69
97.38
Domestic issues
dollars..
80.32
79.03
79.76
77.62
79.74
78.12
76.73
80.17
78.45
80.87
79.21
67.87
67.47
Foreign issues
_
dollarsDomestic (Dow-Jones) (40)
96.41
96.50
86.50
92.72
81.90
83.52
81.82
79.51
81.95
81.08
96.11
94.97
94.88
percent of par 4% bondIndustrials (10)
101.76
97.56
102.88 103.57
87.35
89.77
92.38
88.87
86.97
83.35
102. 09
101.39
101.09
percent of par 4% bondPublic utilities (10)
92.83
97.51
92.61
91.36
92.96
97.94
99.13
92.08
91.81
89.87
98.14
98.14
percent of par 4% bondRails, high grade (10)
112.55
126.34 126. 22 126.90
114.32 116.92
120.77 123.69
percent of par 4% bond- 127.15 115.07 116.65 113.83 113.83
Rails, second grade (10)
74.32
59.99
73.18
56.60
51.31
56.01
56.93
55.58
57.10
72.31
70.70
70.43
percent of par 4% bond102.7
104.4
99.2
100.0
104.3
97.6
99.6
98.9
98.9
98.4
103.7
102.7
Domestic* (Stand. Stat.) (45)
dollars.. 102.6
109.1
107.8
108.4
108.8
109.3
110.0
109.8
108.3
107.9
109.5
110.2
110.3
U. S. Government (Stand. Stat.)•.dollars- 110.4
62.36
62.71
64.49
59.93
61.79
65.92
63.93
64.47
63.54
63.76
62.87
62.16
Foreign (N. Y. Trust) (40). .percent of parSales on registered exchanges (Securities
and Exchange Commission):*
Total on all exchanges:*
Market value...
thous. of dol- 283,772 289,247 283,146 323,438 271,503 302,178 296,212 314,083 443,264 395,266 336,206 251,878 208,596
Par value..
thous. of dol_, 332,383 377,319 363,194 414,036 333,012 387,152 405,138 448,712 622,546 511,12| 410,410 301,433 249,620
On New York Stock Exchange:?*
Market value
thous. of doL. 231,088 210,737 198,131 245,922 217,726 229,642 217,954 239,442 338,695 305,052 261,553 197, 277 163,983
236,792 197,217
Par value
thous. of dol., 271,044 274,661 256,235 306,890 262,489 291,123 304,219 352,057 492,214 402,610
Sales on the New York Exchange excl. of
stopped salest (Dow-Jones):
Par value:
249,795 275,727 301,977 314,429 476,137 175,145 2,275,275 774,052 231,827
Total..—
^
thous. of doL 2,586,314 263,350 235,675
Liberty and Treasury bonds
10,000 1,809,000 180,000
33,118
thous. of dol. 2,135,000 42,175 23,471 73,674 64,422 51,997 19,252 20,464
. • .. • Revised*
• Has included since July 1934 other than farm loan issues for which Treasury has acted as fiscal agent.
* New series. Data on new security registrations fully effective for the period September 1934-December 1935 and volume of trading in futures for the period January
1921-December 1935 are shown on p. 20 of the March 1936 issue. New series on bond sales on all registered exchanges (market and par value) and on the New York Stock
Exchange (par value) are shown on p. 20 of the April 1936 issue for the period October 1934-February 1936. Data on new series of prices of domestic bonds (45) and U. S.
Government bond prices other than those shown above will appear in a subsequent issue.
X The difference in the figures covering bond sales on the New York Stock Exchange (par value) is due to stopped sales being included in the figures of the Securities
and Exchange Commission (total) beginning April 1935.
% Data for the year 1935 revised by reporting source. See p. 35 of the April 1936 issue.




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

31

SUEVEY OF CUERENT BUSINESS

August 1936
1936
June

1935
June

July

1936

August Septem- October Novem- December
ber
ber

January

February

March

April

May

FINANCE—Continued
SECURITY MAKKETS—Continued
Bonds—Continued
Value, issues listed on N. F, S. E.:
Par, all issues
_
mills, of dol— 44,164
Domestic issues
mills, of dol— 39,127
5,036
Foreign issues
mills, of dol__
Market value, all issues
mills, of dol— 41,619
Domestic issues
mills, of dol— 38,201
3,418
Foreign issues.mills, of dol..
Yields:
Domestic (Standard Statistics) (60) t
3.94
percent4.44
Industrials (15)
..percent....
2.72
Municipals (15)f
percent4.03
Public utilities (15)
percent.4.56
Railroads (15)
percentDomestic, municipals (Bond Buyer) (20)
2.99
percentDomestic, U. S. Government:
2.50
U. S. Treasury bonds*
percent..
Cash Dividend and Interest Payments
and Bates
Dividend payments (N. Y. Times)
thous. of dol—
Industrial and miscellaneous
thous. of dol— 237, 655
Railroad
_
thous. of dol— 26,175
Dividend payments and rates (Moody's):
Dividend payments, annual payments at
current rate (600 companies)
mills, of dol— 1,397. 4
Number of shares, adjusted
millions— 923.92
Dividend rate per share, weighted average
1.51
(600)
dollars3.00
Banks (21)
„
dollars1.41
Industrial (492)
—
dollars2.03
Insurance (21)
dollars1.86
Public utilities (30)
—
dollars1.21
Railroads (36) 8 t o c k s
-dollarsPrices:
Dow-Jones:
Industrials (30)_.
dol. per share155.2
Public utilities (20).
dol. per share32,3
Railroads (20)
dol. per share—
47.0
New York Times (50)
dol. per share— 124. 28
Industrials (25)
dol. per share.. 211. 69
Railroads (25)
dol. per share36.88
Standard Statistics (419)f
-1926=100105.6
Industrials (347) t
- .1926=100120. 6
102.0
Public utilities ( 4 0 ) t — — 1 9 2 6 = 1 0 0 47.7
Railroads (32) f
1926=10065.0
Banks, N. Y. (19)f
1926=10095.2
Fire insurance (18)f
1926=100—
Sales:
Market value of shares sold:
All registered exchanges, total*
thous. of dol— 1,164,147
On New York Stock Exchange*
tnous of d o l
Volume of shares sold:
~ 1,002,190
On all registered exchanges, total*
thous. of shares.. 43,937
On New York stock exchange: t
Total (See. and Exch. Com.)
thous. of shares- 31,897
Total excl. of odd lot and stopped sales
(New York Times)..thous. of shares- 21,428
Values, and shares listed, N. Y. S. E.:
Market value alllisted shares_mills. of dol— 50,912
Number of shares listed
millions—
1,340
Yields:
Preferred, Standard Statistics:
5.04
Industrials, high grade (20)
percent..
Stockholders (Common Stock)
American Tel. & Tel. Co., total—.number- 649,876
7,804
Foreign
numberPennsylvania Railroad Co., total—number—
Foreign—
number.
U. S. Steel Corporation, total
.number.
Foreign
—number.
Shares held b y brokers...percent of total,.

43, 511
36,172
7,339

43,026

43,145
35,825
7,320
33,343
5,719

42,671
35,391
7,280
38,375
32,789
5,586

42,303
35,054
7,249
38,171
32,543
5,627

42,232
34,987
7,245
38,465
32,781
5,684

42,893
35,619
7,274
39,399
33,650
5,749

43,015
35,934
7,082
40,625
34,936
5,688

44,255
37,196
7,059
41,807
36,177
5,630

44,223
37,150
7,073
41,525
35,922
5,603

42,255
37,242
5,013
39,648
36,266
3,382

3.99
4.29
2.93
4.09
4.63

3.90
4.27
2.86
4.04
4.43

3.87
4.32
2.78
4.01
4.37

3.90
4.38
2.76
4.00
4.45

3.94
4.45
2.76
4.04
4.52

43,113
35,851|
7,263
40,348
34,475
5,873

33,980
5,884

7,332
39,457
33,597
5,860

4.26
4.63
3.25
4.34
4.82

4.13
4.53
2.95
4.23
4.81

4.13
4.54
2.87
4.23
4.88

4.20
4.54
3.08
4.26
4.90

4.28
4.51
3.16
4.31
5.12

4.18
4.42
3.02
4.15
5.12

4.11
4.44
2.97
4,17
4.87

3.31

3.25

3.34

3.51

3.34

3.23

3.25

3.11

3.04

3.03

3.12

3.00

2.61

2.59

2.66

2.78

2.77

2.73

2.73

2.68

2.62

2.54

2.51

2.50

219,253

145,777

256,594

185,306

157,809

398,021

301,403

228,328

273,649

200,042

162,174

409, 552

193,848
25,405

132,174
13,603

239,561
17,033

181,997
3,308

151,055
6,754

369,279
28,742

280,609
20,794

184,035
44,035

259,487
14,162

192,324
7,718

155, 519
6,655

375,035
34, 517

1,186.9
918.42

1,190.2
918.42

1,225.0
918.42

1,230.6
918.42

1,243. 7 1,296. 5 1,298.7
923.92
923.92
918. 42

1,311.5
923.92

1,337.2
923.92

1,345.5
923.92

1,355.8
923.92

1,3:85.2
923.92

1.29
3.19
1.10
2.17
1.84
1.24

1.30
3.19
1.11
2.23
1.83
1.21

1.33
3.19
1.16
2. 23
1.83
1.21

1.34
2.99
1.17
2.23
1.83
1.21

1.35
2.99
1.19
2.23
1.83
1.21

1.40
2.97
1.26
2.23
1.83
1.24

1.41
2.98
1.26
2.37
1.86
1.21

1.42
2.98
1.28
2.39
1.86
1.21

1.45
2.98
1.32
2.39
1.86
1.21

1.46
2.98
1.33
2.39
1.86
1.21

1.47
2.98
1.34
2.39
1.86
1.21

1.50
2.98
1.38
2.39
1.86
1.21

116.9
21.4
32.5
95.83
166.03
26.63
75.5
87.4
69.8
32.4
49.8
83.2

122.7
22.5
33.6
98.91
171.78
26.05
78.8
91.2
73.3
33.8
56.8
89.7

127.1
25.9
35,4
102.59
177.22
27.96
83.0
95.0
80.6
35.8
61.7
93.3

131.5
25.7
36.0
105.78
183.20
28.37
85.0
97.5
81.9
37.0
56.6
93.0

130.4
26.0
33.8
108.16
189. 58
26.74
85.2
98.5
81.0
34.3
65.8
92.8

144.3
28.9
37.0
113.80
197.63
29.97
93.3
107.4
90.1
37.6
63.5
96.0

141.8
28.8
40.3
•111.27
190.86
31.69
95.3
109.2
91.6
41.4
69.1
101.7

145.9
30.9
43.3
116.06
197.67
34.46
100.1
114.5
97.0
43.8
70.5
107.5

151.8
32.5
48.5
120.00
201.17
38.84
106.1
120.9
102.8
49.1
65.8
106.8

155.9
30.9
48.0
120.95
203.97
37.94
108.7
124. 6
102.8
49.2
66.4
102.1

155.8
31.7
47.2
121. 63
206.14
37.10
108.9
125.3
101.5
48.9
64.1
96.8

149.3
30.0
44.5
119. 46
203.36
35.57
101.0
116.2
94.7
45.0
62.6
94.2

987,346 1,138,644 1,610,330 1,407,019 1,912,161 2,250,677 1,979,149 2,439,219 2,503.129 2,429,960 1,936,193

1,223,444

990,281 1,392,860 1,241,475 1,659,690 1,952,075 1,738,247 2,069,564 2,140,084 2,092,308 1,679,839

1,077,672

852,493

81,106

99,864

82,870

119,592

120,963

101,923

77,916

« 47,110

46,531

62,555

77,474

63,344

87,502

85,305

75,532

56,935

35,943

34,748

46,663

57,463

45,590

67,211

60,871

51,025

39,616

20,615

40,479
1,307

43,002
1,307

44,951
1,309

46,946
1,318

50,165
1,321

50,202
1,323

51,668
1,330

47,774
1,337

49,998
1,339

5.19

5.19

5.12

5.11

5.10

5.05

41,822

48,696

79,180

59,433

31,490

37,782

60,372

22,340

29,429

42,923

36,227
1,304

38,913
1,308

39,801
1,307

5.22

5.19

5.17

671,324
7,847
231,970
3,145
190,375
4,021
19.55

664,095
7,816
3,126
187,533
3,979
20.40

657,651
7,825
227,251
3,111
184, 680
3,925
21.56

5.02

5.06

653,435
7,859
225,120
3,101
181,493
3,870
21.75

FOREIGN TRADE
Exports, unadjusted
—1923-25=10049
52
46
45
45
58
59
52
71
48
51
51
53
Exports, adjusted for seasonal variation
1923-25=10055
52
50
49
50
48
56
62
51
53
51
53
56
Imports, unadjusted
1923-25-100—
59
55
52
49
50
59
52
58
60
62
69
63
58
Imports, adjusted for seasonal variation
54
62
59
51
53
58
58
52
55
57
60
58
58
Quantity exports:
1923-25=100Total, agricultural products:
40
64
44
39
36
96
87
128
64
51
51
44
45
Unadjusted
1910-14=10052
54
44
59
58
64
52
76
55
52
57
Adjusted*
1910-14=10098
54
Total, excluding cotton:
52
31
33
33
35
49
61
33
74
43
37
41
34
Unadjusted
1910-14=100. „
35
37
35
41
37
53
68
45
35
Adjusted*
1910-14=-10048
42
40
36
• Revised.
• New series. For earlier data see p. 20 of the August 1934 issue, yield on United States domestic long term bonds (all issues except those due or callable within 8 years)
for years 1926-34; for data for years 1919-25 see p. 20 of the November 1935 issue. Series on stock sales on all registered exchanges and on the New York Stock Exchange
as compiled by the Securities and Exchange Commission for the period October 1934-February 1936 are shown on p. 20 of the April 1936 issue. For quantity exports
adjusted for seasonal variation for the period July 1914-August 1935 see p. 18 of the October 1935 issue.
t For earlier data on yield of domestic and municipal bonds see pp. 19 and 33 of the April 1933 issue. Data covering the Standard Statistics indexes of stock prices have
been revised. The revision, however, did not change the indexes materially. Revised data not shown above will appear in the 1936 Supplement.
t The difference in the figures covering the volume of stock sales on the New York Stock Exchange since April 1935 is due to stopped and odd lot sales being
included in the figures of the Securities and Exchange Commission. These are excluded in the figures reported by the New York Times.




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.

1935

1936

Juno

August 1936

June

July

'

August Septem- October Novem- December
ber
ber

1936
January

February

March

April

May

FOREIGN TRADE—Continued
VALUE §
Exports, incl. reexports
: thous. of dol— 184,908
By grand divisions and countries:
8,628
Africa
thous. of dol—
Asia and Oceania
.—thous. of dol— 38, 766
Japan
thous. of dol— 13, 627
Europe....
thous. of dol— 69,400
France
thous. of dol—
8,893
Gerraany
....thous. of dol—
6, 541
Italy
thous. of dol—
4,299
United Kingdom
thous. of dol— 27,068
North America, northern,.thous. of dol— 35,498
Canada
.
thous. of dol— 34,875
North America, southern—thous. of doL. 16, 789
Mexico
thous. of dol—
5,800
South America
thous. of dol— 15,828
Argentina
—thous. of dol—
4,662
Brazil
thous. of dol—
3,757
Chile
—thous. of d o l 982
By economic classes:
Exports, domestic
.—thous. of dol— 180, 601
Crude materials
thous. of dol— 39,310
Raw cotton
—mills, of dol—
19.7
Foodstuffs, total.
—thous. of doL. 14, 509
Foodstuffs, crude
thous. of dol—
4,402
Foodstuffs, mfgd
thous. of dol— 10,107
Fruits and prep
mills, of dol—
4.1
4.0
Meats and fats
mills, of dol—
1.3
Wheat and flour mills, of dol—
Manufactures, semi-—.,.thous. of dol— 34,107
Manufactures, finished—thous. of dol— 92, 674
Autos and parts. _
mills, of dol—
19.1
4.0
Gasoline—
mills, of dol—
Machinery—
mills, of dol—
26.0
Imports, total #<?—
thous. of d o l - 190,387
Imports for consumption* thous. of dol— 193, 621
By grand divisions and countries: #c?
Africa
thous. of dol—
Asia and Oceania...
thous. of dol—
Japan
thous. of dol—
,
Europe
thous. of dol—
France
thous. of dol—
Germany
thous. of dol—
Italy
—thous. of dol—
United Kingdom
__thous. of dol—
North America, northern—thous. of dol—
Canada
—
thous. of dol.
North America, southern., thous. of dol
Mexico
thous. of dol—
South America
thous. of dol—
Argentina.—
...thous. of dol—
Brazil
..thous. of dol—
Chile..
..thous. of dol.. -By economic classes: #<?
Crude materials——thous. of dol.. 54, 612
Foodstuffs, crude..thous. of dol-^ 22,893
Foodstuffs, manufactured.thous. of dol— 36,065'
Manufactures, semithous. of dol— 43,056
Manufactures, finished——thous. of dol— 36,991

170,193

173,371

172, 204

198,189

221,238

269,310

223, 514

197,958

181,838

194,792

192, 629

200, 666

7,927
33,325
14,108
69,380
8,741
7,027
5,565
21,924
28,170
27, 723
17,342
6,368
14,048
4,383
3,474
1,209

9,211
31,598
11,864
69, 722
7,345
6,348
5,167
24,306
30,141
29, 679
17,624
6,004
15,064
4,622
3,733
1,432

9,950
29,475
11, 680
72,590
7,824
5,553
5,596
32,280
28,611
27,986
16,216
4,758
15,363
4,916
3,596
1,069

6,279
37,400
16,996
96,926
7,316
8,891
4,796
53,513
28,063
27,418
15,700
4,916
13,821
4,143
3,196
1,283

8,878
34,143
16,402
115,315
10,746
9,885
6,529
59,098
31,084
30,349
18,090
5,817
13, 728
3,436
3,414
1,089

9,427
51,058
26,945
144, 510
18,817
14,363
9,125
62,481
28,170
27,473
18,628
5,353
17,517
4,948
4,537
1,698

9,093
50, 946
26,885
110,183
15, 701
12,327
7,944
41,823
22, Ifl7
21,760
17,729
6,025
13,406
3,556
3,276
1,216

7,700
40, 290
18, 753
91,669
11,666
7,136
5,420
37,863
27,390
26, 990
16,693
5,642
14,217
3,784
3,950
1,193

10,553
38,332
16, 401
82,932
8,388
9,489
5,891
32,012
27,945
27,356
19,593
6,395
15,438
3,876
4,109
1, 274

9,215
39, 337
16, 211
78, 247
9,311
7,787
4,827
27, 954
32,128
31, 557
17, 902
5,932
15, 801
4,031
3,704
1, 562

9,326
38, 902
14, 680
78, 097
7,301
7,240
5,697
30.450
37, 500
36, 693
18, 535
6,243
18, 306
4, 507
4,475
1,676

167,226
40,600
23.4
15,467
4,014
11,453

168,006
38,340
19.2
15,336
5,220
10,116

169,761
40,875
16.6
15,629
4,788
10,841

195,537
68, 677
31.8
22,399
7,074
15,325
11.8

218.138
82,604
45.9
23,695
7,974
15, 721
12.5

266,730
112,678
75.1
26,780
5,925
20,855
13.8

220,977
82,685
56.8
19,697
5,169
14,528

192,081
44,486
26.3
16,848
5,087
11, 761

189, 408
40, 431
22.8
14,199
4,949
9,250

4.2
1.4

9.4
3.3
1.2

195,085
59, 770
35.7
15,863
4,349
11, 514

8,307
32, 553
13, 251
83,697
9,794
8,803
7,571
32,304
25, 638
25, 275
16,281
5,277
15,361
4,154
4,214
1,254
179,195
50, 054
26.6
14,763
4,020
10, 743

196,913
42, 627
22.9
15, 925
4, 621
11, 304
5.3
4.2
35,115
103, 245
22.5
5.6
29.6
191,110
188, 421

5.6
3.3
1.1

6.4
3.3
1.1

6.6
3.2
1.2

2.6
1.3

2.8
1.5

6.3
3.3
1.3

6.3
2.9
1.2

6.8
3.5
1.4

5.5
3.3
1.4

•1.5

28,914
82,246
20.1

28,135
86,196
19.4

31,018
82,239
15.7

29,309
75,152
13.3

30,291
81, 548
14.1

34,319
92,953
21.9

31,702
86,894
19.7

28,621
90,831
22.1

28, 319
86, 059
22.1

32,096
98,652
24.0

33, 802
100,976
23.0

20.6
156,756
155,314

23.3
177,698
174,162

23.9
169, 030
180,444

20.5
161,653
168,689

23.5
189,240
189,688

25.5
169,386
162,808

22.5
186,864
179,586

30.7
202, 789
199, 787

3,098
55,352
11,496
43,849
3,610
5,109
2,223
12,389
24,480
23,773
22,587
3,267
24,795
6,611
8,384
1,657

3,129
52,112
12,839
46, 635
4,557
6,491
2,795
11, 711
23,905
23,266
32,359
2,979
22,304
6, 687
7,394

2,579
57,319
16, 594
65,053
7,565
7,702
4,723
15,820
29,741
28,573
10,183
3,227
24,813
5, 251
9,934
1,344

3,235
46,230
14,106
55,009
5,433
6,738
4,528
14, 214
27, 258
26,576
8,988
3,048
22,089
4,498
8,530
2,424

3,714
55,693
14,213
56,019
5,168
8,152
3,553
13,577
27, 901
27,320
11,139
4,220
25,121
5,154
9,414
1,969

4,936
57,435
12,926
55,491
5,347
6,740
2,947
16. 730
27,222
26,836
24,252
5,094
24,945
5,108
9,466
2,748

5,801
65, 671
13, 286
51, 637
4,538
5, 870
3,017
14,712
26, 923
26, 710
25, 82$

712

2,424
52,380
13,888
52,915
4,796
7,326
2,924
14,895
27,334
26,708
11,845
3,014
21,791
4,970
8,205
1,515

24.6
192, 776
189, 589
4,483
58, 590
14,435
51, 612
4,321
5,650
2,586
16,132
23,020
22,926
24,636
4,688
27,247
4,638
11, 053
3,787

27.9
198,686
194, 28]

3,085
45,743
10,441
43,232
4,340
5,338
2,503
11,153
23,389
22,563
18,112
3,080
21,753
6,336
6,044
1,860

25.5
187,440
186,351
4,212
56,977
15,086
53,493
5,539
5,729
2,749
15, 990
24, 675
24,272
23,289
3,860
23, 704
4,862
9,158
1,421

23, 925
5,223
7,216
3,442

4,236
58,857
12,163
53, 722
4,356
5,741
3,286
14,513
29,127
28, 744
22,800
3,829
19, 671
3.827
5,863
2,867

43,733
23,078
26,342
31,715
30,446

53,029
24,232
32,291
32,106
32, 504

50,212
24,726
38,849
31, 290
35,367

49,844
23,653
20,742
38,422
36, 027

55,398
29,492
22,256
38,587
43,955

46, 045
24,942
18,909
36,305
36,606

55, 737
27,116
17,712
42, 768
36, 253

58,412
26,543
28,733
39, 699
32,964

58, 613
28, 745
31,547
40, 060
30, 625

57, 749
31,221
32,338
36,127
36,847

62/076
28. 690
37, 035
3.7, 577
34, 409

55, 071
21, 759
.34, 080
38, 456
39, 050

6.4

6.3

5.8

6.1

5.1

6.7

7.5

5.1

3.6

3.3

5.1

i 826

TRANSPORTATION AND COMMUNICATIONS
TRANSPORTATION
Express Operations
Operating revenue
Operating income

—

thous. of doL.
thous. of dol-

Electric Street Railways

7, 593

7,619

7,671

8,053

8,029

7,936

8,586

7,745

7,706

8,245

8,396

134

136

139

142

137

140

141

143

127

126

123

8.092
8.120
8.101
8.101
8.101
8.101
8.101
8.101
8.101
8.101
8.100
8.092
8.092
Fares, average (268 cities)—
cents,..
Passengers carriedf
thousands- 758, 943 693, 542 663,348 662, 695 685,430 764,558 742, 270 799,787 797,242 780,142 814,298 790, 696 788,307
57,426
Operating revenues!
_thous. of doL.
50, 929
49,041
49,244
50,323
55,442
53, 788 58,138
57,874
56, 443 . 58, 752 57, 627
Steam Railways
Freight carloading (F. R. B.):
72
63
60
64
73
70
67
Index, unadjusted
1923-25=10062
63
65
62
66
71
61
72
48
56
66
76
74
Coal
—1923-25=100-.
106
79
64
88
60
65
49
40
43
61
69
56
62
Coke—
1923-25=10089
73
80
56
70
58
48
37
38
42
44
43
39
Forest products
1923-25=10038
37
42
37
46
42
56
69
90
78
90
77
69
Grain and products1923-25=100..
66
61
72
67
69
66
35
30
30
39
54
63
50
Livestock
-.1923-25=10039
39
31
35
37
38
64
63
64
67
67
66
66
Merchandise, 1. c. 1
1923-25=10062
60
63
60
66
65
130
83
87
87
90
79
32
Ore
1923-25=10014
15
15
15
107
27
67
67
82
68
83
76
Miscellaneous..
1923-25=10063
63
73
83
77
67
79
63
58
60
62
64
70
66
Index, adjusted
1923-25=10070
71
70
66
70
69
83
54
67
58
61
70
67
Coal
—
1923-25=100-.
74
97
63
73
78
77
54
46
48
57
60
61
Coke
1923-25=10075
79
68
73
55
70
61
Forest products
1923-25=10046
35
39
40
42
42
40
42
36
44
40
45
40
64
58
75
74
70
Grain and products
1923-25=10065
89
62
68
85
70
85
86
Livestock
.1923-25=10041
35
36
44
45
47
44
33
41
39
39
38
41
64
64
64
65
64
64
Merehandise, 1. c. 1
1923-25=10066
62
64
64
66
62
63
Ore_
—.1923-25=10046
48
51
55
56
72
46
62
64
62
71
58
53
64
63
62
65
70
Miscellaneous
1923-25=10077
79
74
80
79
77
86
77
3 Data revised for 1933. See p. 20 of the October 1934 issue; for 1934 revisions, see p. 20 of the December 1935 issue.
# Beginning with January 1934, import data represent imports for consumption (goods entering consumption channels immediately upon arrival, plus withdrawals for
consumption from bonded warehouses) and are not comparable with earlier figures, which consist of general imports (goods entered for storage in bonded warehouses, plus
goods entering consumption channels upon arrival in the U. S.).
t Revised series. Data for January 1929-May 1935, inclusive, on electric railway passengers carried and operating revenues for January 1932-Apri] 1935, inclusive, are
shown on p. 19 of the August 1935 issue. Data on electric railway passengers carried through December 1935 are based on estimates for 210 companies, and for 1936 on
estimates for 214 companies.
* New series. Data prior to April 1933 on value of imports for consumption will be shown in a subsequent issue.
§ Data revised for 1932. See p. 34 of the March 1933 issue. Other revisions for the year 1932 were shown on p. 34 of the April, May, December 1933, and January 1934
•senssj For revised data for months of 1933, see p. 20 of the September 1934 issue, and for 1934, revisions, see p. 19 of the December 1935 issue.




33

SURVEY OF CURRENT BUSINESS

August 1936
Monthly statistics through December 1931, 1936
together with explanatory footnotes and references to the sources of the data, may be found
June
in the 1932 Annual Supplement to the Survey

1935
June

July

1936

August Septem- October Novem- December
ber
ber

January

February

March

April

May

TRANSPORTATION AND COMMUNICATIONS—Continued
TRANSPORTATION—Continued
Steam Railways—Continued
Freight carloading (A. A. R.):
2,787 « 2,466
3,102
2,229
Total carsK___
thousands..
426
«504
491
318
Coal— ._„.
thousands,.
33
«23
- 26
19
Coke
—
thousands-.
139
«107
152
106
Forest products.„
thousands..
140
211
°104
120
Grain and products.,-—.__.thousands47
°40
39
64
Livestock
.
....thousands..
649
<*625
601
798
Merchandise, 1. c. L
thousands202
«131
131
171
Ore.
——
thousands..
1,151 «1,126
894
1,189
Miscellaneous
..thousands..
170
272
296
245
Freight-car surplus, total
..thousands..
90
175
178
152
Box
.
thousands..
44
50
73
53
Coal
thousandsFinancial operations (class I railways):
'281,328 275,349 294,018
Operating revenuesf..,
thous. of doL.
Freightf
~ thous. of dol.. 268,542 '225,759 220,490 234,986
31,604 33,849
Passengerf
thous. of doL. 34,845 «31,049
Operating expenses!
thous. of doL. 241,812 '216,550 217,931 221,238
Net railway operating incomet
34,025
26,851 42,074
thous. of doL. 50,313
Operating results (class I railways):
25,933
23,167 25,936
Freight carried 1 mile
mills, of tons..
.974
1.005
1.059
Receipts per ton-mile....
cents..
1,594
1,855
1,710
Passengers carried 1 mile
millions..
Waterway Traffic
Canals:
Cape Cod
thous. of short tons..
New York State
thous. of short tons..
Panama, totalf—
thous. of long tons..
U. S. vessels
.-thous. of long tons..
St. Lawrence
...thous. of short tons..
Sault Ste. Marie
thous, of short tons..
Suez
_..thous. of metric tons..
Welland
thous. of short tons..
Rivers:
Allegheny
thous. of short tons_.
Mississippi (Government barges)#
thous. of short tons..
Monongahela
thous. of short tons..
• Ohio (Pittsburgh to Wheeling)
thous. of short tons..
Ocean trafflc:f
Clearances, vessels in foreign trade
thous, of net tons..
Foreign
...thous. of net tons..
United States
thous. of net tons..
Shipbuilding. • (See Trans. Equip/

2,632
446
26
124
162
69
641
135
1,029
229
133

3,179
625
36
137
157
84
788
67
1,284
252
143
65

2,319
522
33
104
109
51
586
21
892
271
155

2,353
587
37
104
121
52
566
23
864
231
138
47

341,018 301,331
249,926 284,614 248,146
30,820
27,848
218,040 232,516 218,583

296,225
225,826
34,374
234,053

299,099
241,160
34,102
231,779

544
30
126
148
87
667
130
1,150
208
125
48

3,135
906
54
134
151
53
730
28
1,078
171
104
22

35, 206

ttl, 548
41,842

75,425

54,234

46,040

35,765

31,200
.999
1,475

27,468
.988
1,436

26,175
.987
1,787

27,858 « 29,153 • 27,992
.994
.931
.960
1,539
1,582
1,695

270
800
2,229
983
992
7,454
2,225
°1,150

655
2,050
843
865
4,087
2,955
1,313

0
2,188
852
44
440
2,029
167

224
0
2,149
775
0
0
2,043
0

191

112

206
576
2,019
848
1,024
7,731

1,444

1,334

202
574
1,994
907
983
7,148
1,956
1,180

367

273

293

238

200

226

267

155
2,457

133
1,561

143
1,271

146
1,491

143
1,239

154
1,414

149
1,707

1,664

1,270

1,319

881

967

782

880

956

834

5,958
3,852
2,106

6,791
4,436
2,355

5,786
3,831
1,955

5,580
3,670
1,910

5,162
3,331
1,831

4,351
2,948
1,403

3,521
3,184
1,337

361,839
4,301
50,534
20,837

400,061
4,429
53,507
23,046

3.12
61

2.95
56

2.94

14,202
19,678
3,708
2,856
4,202

13,648
12,781
2,984
2,797
4,121

16,674
17,130
2,980
2,540
5,098

41,210
7,828
1,246
3,864

36,112
7,020

33,595

6,379
4,099
2,280

Travel
Airplane travel:
Express carried*
pounds- 701,142 330,970 335,762 392,212 417,223 488,019
Miles
flown*
thous. of miles5,620
5,605
4,993
5,756
5,288
Passengers carried*,
_ . .number.. 97,453
73,896 85,546 89,581 77,370 70,924
Passenger-miles flown* thous. of miles,. 40,252 31,226 34,042 35,732 32,024
28,788
Hotel business:
2.97
Average sale per occupied room •.dollars2.86
2.94
2.87
2.98
2.99
64
Rooms occupied
percent of total56
58
57
64
Foreign travel:
Arrivals, U. S. citizens
number.. 21,038
19, 519 26,638 51,930 50,177 27,479
Departures, XJ. S. citizens..
number- 22,732 19,342 31,376 51,512 39,007 24,159
Emigrants
;_
•
...number3,008
2,412
4,430
2,884
4,111
3,382
Immigrants..
number2, 527
2,817
3,679
2,524
3,711
4,288
Passports issued
number- 31,305 24,879
4,814
13,546
7,587
4,174
National parks:
Visitors
number..
317,182 664,422 723,320
77,723
. Automobiles
.
number..
84,368 158,005 183,171 72,731
18,141
Pullman Co.:
Passengers carried
thousands1,309
1,286
1,425
1,364
1,278
Revenues, total
thous. of dol..
4,210
4,220
4,374
4,251
4,143

28,145
1.015
1,578

81
0
2,155
813
0
0
1,864
0

200
0
2,634
981
0
0
2,149
0

227
228
2,430
1,023
187
37
2,091
95

56

226

365

102
547

140
1,327

188
1,928

«200
2,361

635

6,134
4,121
2,013

3,352
557
41
162
156
61
795
187
1,394
185
105
41

313, 410 320,966
256,322 262,727
30, 653 30,351
235, 073 240,234

57,359

229
619
1,778
715
1,007
7,503
1,958
1,128

2,545
445
28
121
123
50
647
35
1,096
179
97
42

300,459 308,304
245,145 251,821
31,902 30,516
235,906 236,579

27,715
.983
1,660

227
482
2,081
862
882
7,058
2,135
1,072

228
616
2,460
989
1,207
9,835

2,419
423
27
122
136
48
622
24
1,017
205
104
61

520
4,305
3,049
1,256

4,639
3,225
1,414

354,301 353, 293 535,736
4,860
4,245
3,958
44,061 41, 330 70,926
18,983 18,122 33,730

270
568
2,420
940
1,300
8, 710
2,215
1,618

1,246
4,872
3,329
1,542

6,057
3,901
2,155

483,505 483,798
4, 885
5,511
71,449
96, 368
30, 326 40, 097

2.89
65

3.00

2.85
64

20,991
21,189
1,926
2,252
4,918

30,678
26,081
2,108
2,591
8,071

24,808
24,149
2,134
3, 016
15, 509

20,010
21,686
2,643
3,067
27, 725

12,967

68,894
10,899

98,791
13,328

98,856
17,814

1,409
4,094

1,533
5,035

1,359
4,326

1,312
4,479

1,353
4,438

163,493
41, 684
1,295
4,163

86,111
56,055
22,314
60,685
17,367

86,783
57,167
21,895
59,498
17, 291

85,364
56,329
21,271
57,649
17,746

88,909
57,594
23,459
59, 582
19,165

88, 754
57, 667
23, 298
59, 543
18,818

57,864
23,486
59, 614
19,182

. 3.01

COMMUNICATIONS
Telephones:*
Operating revenues
.thous. of doL.
Station revenues
..
thous. of dol..
Tolls, message
thous. of doL.
Operating expenses
thous. of doi_.
Net operating income
thous. of dol_.
Telephones in service, end of mo.
thousands..
Telegraphs and cables:
Operating revenues
thous. of dolCommercial telegraph tolls.thous. of dol..
Operating expenses
thous. of dol..
Operating income
-thous. of dol..

81,757
54,006
20,569
57,443
16,025

82,063
53,187
21,524
59,683
14,401

82,360
52,909
22,189
58,255
16,036

82,653
53,923
21,402
57,394
16,966

56,245
22,630
59,321
18,529

85,330
56,732
21,213
59, 741
17,386

14,335

14,323

14,350

14,446

14,512

14,568

14,621

14.770

14,839

14,921

15, 004

15,008

9,372
7,268
7,824
1,156

9,224
7,440
7,959
1,219

9,375
7,198
7,682
1,306

9,830
7,545
7,989
1,452

6,882
7,708
1,002

10,245
7,951
8,475
1,377

9,223
7,120
8,050
744

8,978
6,851
7,793
760

10,046
7,757
8,288
1,326

9,996
7,742
8,156
1,407

9,907
7,787
8,302
1,292

7,161
7,942
894

* Revised. # Includes tonnage in both upper and lower Mississippi River. Revised figures prior to December 1934 will be shown in subsequent issue.
t Revised series. For earlier data see p. 20 of the April 1934 issue for operating revenues, operating expenses, and net railway operating income of class I railways. For
revisions of data for clearances of vessels in foreign trade, see p . 36 of the September 1934 issue. For revisions on Panama Canal from August 1914 to June 1935, see p. 19
of the September 1935 issue.
* New series. Data on airplane travel covers scheduled air lines operating in United States. For data on passengers carried for period of 1926 to 1933 and passenger-miles
flown from 1930 to 1933, see p. 20 of the February 1934 issue. For data on miles flown and express carried from 1926 through 1933, see p. 19 of the January 1935 issue. New
series on telephones as compiled by Federal Communications Commission. Data supersede those published in previous issues of the Survey which covered all carriers
having annual operating revenues in excess of $250,000; presen,t series for 1934 and 1935 are for 57 carriers representing about 95 percent of all carriers according to the 1932
census, based on revenues for all companies. Beginning January 1936, data are for 62 carriers representing about 95 percent. Revised data for 62 companies for 1935 are
asi follows: Total operating revenues, January $81,778,000, February $78,142,000, March $81,514,000; station revenues, January $54,859,000, February $53,021,000, March
14,312,000;
$54,312,000; message tolls, January $19,862,000, February $18,005,000, March $20,131,000; operating expenses, January $58,003,000, February $55,595,000, March $57,478,000;
'
""
*
""
~
"" "
"""
"
~
"
~" "
*
"
* *""
Jt 1
net operating income, January $15,467,000, February $14,316,000, March $15,882,000; stations in service, end of month, January 14,246,000, February 14,285,000, March 14,334,000.
Jam _„ __,__., __,
• This fifflire covers room rAvnniiA nniv
figure
revenue only.
1 Data for June, August, November 1935 and February and May 1936 are for 5 weeks; other months, 4 weeks.




34

SURVEY OF CURRENT BUSINESS

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

1936
June

August 1936

1935
June

July

1936

August Septem- October Novem- Decem- January
ber
ber
ber

February

March

April

May

CHEMICALS AND ALLIED PRODUCTS
CHEMICALS
Alcohol:
Denatured:
Consumption (disposed of)
8,359
5,536
7,213
thous. of wine gal—
5, 651
8,580
8,192
Production
thous. of wine gal—
1,793
2,750
Stocks, end of month.thous. of wine gal—
Ethyl:
16,704
16,646
14,611
Production
thous. of proof galStocks, warehoused, end of month
24,468 26,055
25,852
thous. of proof galWithdrawn for denaturing
14,632
9,398 14,046
thous. of proof galTax paid*
thous. of proof gal—
1,642
1,676
1,771
Methanol:
66,077
36,422
Exports, refinedgallons55,125
Price, refined, wholesale, N. Y.
.38
dol. per gal.38
Production:
Crude (wood distilled) *f A—gallons385,472 379,309 403,020
1,198,186 1,278,505 1,389,812
Synthetie
gallons..
Explosives:
22,189
23,957
Shipments!
thous. of lb_.
22,193
Sulphur and sulphuric acid:
Sulphur, production (quarterly)*
long tons—
271,452
Sulphuric acid (104 plants):
Consumed in production of
fertilizer
.short tons- 95,168 75,690 94,980 99,673
Price, wholesale, 66°, at works
15.50
15. 50
15.50
15.50
dol. per short ton..
Production
short tons- 122, 681 99,176 110,249 123,209
Purchases:
16,830 27,714 35,573
From fertilizer mfrs
short tons— 15,437
10,632
From others
short tons-. 26,922 20,862 23,334
Shipments:
28,516
To fertilizer mfrs
short tons— 18,129 25,381
To others—
short tons— 49,744 34,382 40,739 48,404

10,064
10,211

17,947
17,160
2,351

10,816
10,297
1,836

7,950
7,736
1,632

6,143
6,207
1,739

5,954
5,939
1,718

& 5,548 6 5,901
* 5, 598 6 5,953
»
& 1, 720
1,777

19,729

17,190

13,179

12,747

b

25,501

16,954

16,688

18,461

19,386

20,315

6

17,660
1,911

29,193
2,445

17,509
2,223

12,921
1,903

10,433
1,840

9,860
1,649

51,490 102,296

39,230

63,733

105,895

40,843

73,349

41,915

,38

.38

.38

& 7,577
& 2, 517

.38

19,607

.38

.38

13,899 * 11,948 & 14,537
21,894 & 21,224 * 20,425

* 9,367 *>9,974 & 12,988
>
2,054
1,989
2,441
40,897

405,034 454,233 478,474 478,331 494,081 494,144 476, 496 426,313 427,079
1,539,554
2,373,475 1,654,794 1,418,863 1,540,171 1,631,832 1,692,921 1754,998
27,940

29,498

26,876

25,509

28,492

28,825

25,514

27,483

m
30,394

374,276

352,690

81,921

131,441

125,496

132,508

125,730

117,864

106, 785

15.50
149,729

15.50
153,792

15.50
172,823

15.50
156,878

15.50
152.860

15.50
141,339

35,742
12, 111

17,540

35,134
18,946

30,185
22,402

24,932
22,193

13,352
15, 111

15,722
15,988

10,721
12,273

13,518
16,725

46,717

28,031
50,802

29,525
45,478

51,116

35,007
47,163

20,921
37,170

22, 307
54,306

13,258
55,451

20,870
53,492

545
341
164,458 149,917
34,025
112,802 105,420
276
1,233
149.473 218,892
89,538 165,555
32,642 92,739
4,299
53,097 43,885

1,402
178,789
31,552
133, 762
139
173,708
134,406
62,115
4,252
31, 749

1,023
117,628
17,515
91,481
301
189,085
149,968
100,982
3,368
28,553

249
144,811
19,767
116,448
85
140,334
107,828
69,733
7,348
8,677

1.285

1.325

1,325

1,325

205,105
19,396
914,169

221,772 226,317 281,892 288,307 320,800 298,073 259,374 257, 728 216,558
16,422 82,059 87,313
29,178 28,438 33,163 54,687 238,498 219,340
953,739 742,105
979,038 1,013,399 1,102,407 1,199,542 1,217,767 1,190,315
1,137,700

203,945
119,612
702,335

101,708
15.50
130,260

15.50
15. 50
119,565 126,419

FERTILIZER
Consumption, Southern States^
84
thous. of short tons..
Exports, total!
— l o n g tons— 101,923
7,400
Nitrogenous!
long tons—
Phosphate materials!
long tons.. 89,691
158
Prepared fertilizers
long t o n s Imports, totalf#.
„
long tons.. 75,888
Nitrogenousf
—
—
long tons.. 58,866
Nitrate of sodaf-—
—long tons.. 36,216
4,619
Phosphates!
—
long tons..
6,065
Potash!
long t o n s Price, nitrate of soda, 95 percent, N . Y.
1.325
dol. per cwt—
Superphosphate, bulk:
225,485
Production—
_—._—short t o n s Shipments to consumers
short tons— 45,817
Stocks, end of month
—short tons— 721,243
NAVAL S T O R E S
Pine oil:
Production...
gallons.- 371,036
Rosin, gum:
5.12
Price, wholesale " B " , N . Y_. _dol. per bbl—
Receipts, net 3 ports
bbl. (500 lb.)._ 97,781
Stocks, 3 ports, end of month.bbl. (500 lb)— 156,592
Rosin, wood:
Production
bbl. (500 l b . ) - 52,418
Stocks, end of month
.bbl. (500 lb.)._ 92,945
Turpentine, gum:
.40
Price, wholesale, N . Y
dol. per g a l Receipts, net, 3 ports
—.bbl. (50 gal.).. 27,418
Stocks, 3 ports, end of month.bbl. (50 gal.)— 150,141
Turpentine, wood:
8,093
Production—
bbl. (50 gal.)
7,492
Stocks, end of month
bbl. (50 gal.)__

66
63,402
5,244
50,637
179
69,787
37,141
16,918
5,608
23,436

17
102,467
15,319
77,054
421
43,174
20,899
2,200
1,350
19,909

44
153,316
39,752
110,633
235
34,800
20,640
2,742
1,248
10,797

95
208,797
28,507
172,425
2,181
51,317
32,794
9,961
1,206
12,074

151
161,955
34,219
115,797
1,306
71,956
39,951
10,641
4,104
21,704

86
153,467
36,216
104,520
186
155,686
50,970
22,256
4,166
70,791

124
137,754
17,723
114,438
62
143,580
75,301
38,528
8,075
56,899

1.275

1.275

1.275

1.275

1.275

1.275

1.275

167,095
24,973
870,835

1.275

373,417

354,389

335,318

323,125

336,178

303,625

354,433

346,676

4.64
110,998
272,312

4.85
124,401
311,355

4.83
120,950
324,539

5.18
88,784
310,697

5.50
93,917
306,658

5.28
4.91
5.61
95,860 75, 552 41,226
334,226 315,021 271,749

4.68
23,348
222,638

4.45
4.50
4.51
32, 002 58,894 82,736
156,291 144, 782 144,258

47,293
91,477

47,651
89,015

48,063
86,730

47,388
86,485

43,719
76,311

47,214
72,861

43,894
72,901

52,156
80,278

52,693
83,021

51,326
83,346

.50
32,128
103,831

.48
35,293
122,631

.46
31,136
131,960

.45
18,798
131,273

20,646
134,539

.49
20,101
142,625

.47
13,350
145,216

.48
3,808
135,959

.47
1,442
125,285

6,787
3,278

7,261
2,997

7,324
2,910

7,550
2,937

6,910

7,474
4,001

7,355
5,531

9,042
8,553

8,740
11,582

374, 585 368,304

53,640
93,152

.42
4,800
114, 789

54,209
87,257
.40
15,157
99,320

8,580
10,733

8,662
10,610

8,636
9,275

23,470
99,562

OILS, FATS, AND BYPRODUCTS
Animal fats and byproducts and fish oils
(quarterly):
Animal fats: !
176,605
210,541
212, 053
Consumption, factory..——thous. of lb—
203,048
384,461
319,916
306,659
Production..
thous. of lb—
275,430
364, 010
Stock, end of quarter
..thous. of lb—
391,123
361,160
Gelatin, edible:
5,656
5,597
5,323
5,052
Production
thous. of lb
2,853
8,853
8,590
7,987
Stocks, end of quarter
thous. of lb—
6,841
Greases: !
46,813
52,121
51,146
45,324
Consumption, factory
thous. of lb—
71,680
68,942
64,916
64,399
Production
thous. of lb—
68,243
63,732
63,645
66,856
Stocks, end of quarter..—.thous. of lb—
Lard compounds and substitutes: !
469,674
293,425
333,200
Production
thous. of lb-_
457,595
—
36,797
29,747
39,890
Stocks, end of quarter—thous. of lb—
32,575
b
Figures of two industrial alcohol establishments In Puerto Rico are not included in the totals since February 1936. These establishments represented 2 percent
of the production of ethyl alchol and 12 percent of the production of denatured alchol in 1935.
* New series. For earlier data see p. 20 of the April 1935 issue (alcohol withdrawn tax paid), p. 20 of the April 1933 issue (crude methanol). This series for production
revised for 1934 and 1935. Revisions not shown above will be published in a subsequent issue.
! Revised series, see p. 36 of the June 1933 issue, for 1932 revisions, exports and imports of fertilizer; for 1933 revisions on exports see p. 29 of the September 1934 issue;
for 1934 revisions see p. 19 of the December 1935 issue; for revised data for crude methanol production for 1933, see p. 36 of the May 1934 issue. Quarterly data on fats and oils
for the years 1932 and 1933 were shown on p. 19 of the March 1935 issue; for 1934 on p. 19 of the November 1935 issue. For revised series on explosives for period January
1920-October 1933 see p. 19 of the January 1934 issue. *
A The refined equivalent of crude production is approximately 82 percent.
• Texas only. Louisiana produced 23 percent of the United States production in 1933,16 percent in 1934, and 23 percent in 1935.
f Figures since January 1922 revised due to dropping of Missouri from Southern States classification. See p. 19 of the January 1934 issue.
# See footnote on p. 37 of this issue. Monthly revisions for 1933 are shown on p. 20 of the October 1934 issue: for 1934 revisions see p. 20 of the December 1935 issue.




35

SURVEY OF CURRENT BUSINESS

August 1936
Monthly statistics through December 1931,
together with explanatory footnotes and references to the sources of the data, may be found
in the 1982 Annual Supplement to the Survey

1936
June

1936

1935
June

July

August Septem- October Novem- Decem- January Februber
ary
ber
ber

March

April

May

CHEMICALS AND ALLIED PRODUCTS—Continued
OILS, FATS, AND BYPRODUCTS—Con.
Animal fats and byproducts and fish oilsContinued.
Fish oils (quarterly) :f
Consumption, factory
thous. of lb .
Production
thous. of lb—
Stocks, end of quarter—-—thous. of lb—
Vegetable oils and products:
Vegetable oils, total:
Consumption, factory (quarterly) t
thous. of lb
Exports..
thous. of lb._
Importsf#
—thous. of lb—
Production (quarterly)t
thous. of lb__
Stocks, end of quarter:!
Crude
;—thous. of lb—
Refined «
.
—
thous. of lb—
Copra and coconut oils:
Copra:
Consumption, factory (quarterly)
short tons—
Imports^
- - - short tons
Stocks, end of quarter
short tons—
Coconut or copra oil:
Consumption, factory:
Crude (quarterly) f
thous. of l b . .
Refined, total (quarterly) t
thous. of lb
In oleomargarine
thous. of lb..
Imports#
—thous. of lb—
Production (quarterly):
Crude
—thous. of l b . .
Refined
-thous. of lb—
Stocks, end of quarter:!
Crude.—
„__ __ _.thous. of l b . .
Refined
— — t h o u s . of lb—
Cottonseed and products:
Cottonseed:!
Consumption (crush)
short tons..
Receipts at mills
short tons—
Stock at mills, end of month
short tons..
Cottonseed cake and meal:
Exportsf
short tons
Production
...short tons..
Stocks at mills, end of month
short tons—
Cottonseed oil, crude:!
Production
thous. of lb..
Stocks, end of month
thous. of lb._
Cottonseed oil, refined:
Consumption, factory (quarterly) f
thous. of lb
In oleomargarine.
thous. of l b . .
Price, summer yellow, prime, N. Y.
dol. per lb—
Production!
thous. of lb—
Stocks, end of month
thous. of lb—
Flaxseed and products:
Flaxseed:
Imports, United States#.thous. of bu._
Minneapolis and Duluth:
Receipts.,
thous. of bu_.
Shipments
>
thous. of bu._
Stocks, end of month—thous. of bu._
Oil mills:t
Consumption, quarterly
thous. of bu
Stocks, end of quarter thous. of bu
Price No. 1, Minneapolis.dol. per bu..
Production, crop estimate
thous. of bu__
Stocks, Argentina, end of month
thous. of bu__
Linseed cake and meal:
Exports
thous. of lb
Shipments from Minneapolis
thous. of lb—
Linseed oil:
Consumption, factory (quarterly) t
thous. of lb
Price, wholesale, N. Y
dol. per lb—
Production (quarterly) t—thous. of lb—
Shipments from Minn
thous. of lb..
Stocks at factory, end of quarter
thous. of lb
Oleomargarine:
Consumption (tax-paid withdrawals)
thous. of lb—
Price, standard, uncolored, Chicago
dol. per lb—
Production
thous. of lb__
Vegetable shortenings:**
Price, tierces, Chicago
dol. per lb—

63,346
67,249
187,916

59,139
9,143
172,371

245
75.455

628,186
251
121,023
357,167

593
95,895

696
89,492

35,733
6,858 "~2(U38~
24, 605

10,330

128,036
9736
14,820

86,811
11,472
39,040

237
87,810

338
79,966

536,998
355,800

507,571
602,217

11,636

609,071
383
92,174
456,913

48,424
19,535
29,565

13,056
29,770

1,004,980
329
114,354
950,784

526
94,611

181
77,068

27,433

32,019

66,737
22,873
40,039

854,835
648
82,003
707,370

478
107,837

557
87,928

16,971

11,908

743,420
593,446

632,757
477,563

130,395
10,326
22,929

65,874
45,364
205,121

67,328
117,078
212,667

13,297

24,511

56,394
14,976
31,902
137,153

135,073

105,252
101,105
15,024 "177946" ~~27,~I68"
16,771 "l6,-372" "l5,"275"
37,972
31,055
45,122
23,507
25,965
21,985

99,594
13,289 ""l2,334" """9,979
22,532
32,569
40,336

44,502
83,017

61,569
91,345

84,509
93,006

69,894
87,262

112,507
26,036

109,836
23,560

127,904
23,992

129,419
17,973

42,253
25,831

68,175
24,467

65,302
30,868

145,115
203,442

436,027 741,295
760,691 1,096,758

634,326
693,101

518,673
481,299

456,656
244,044

350,614
85,646

252,065
80,564

133,666
31,670

70,992
23,982

34,921

125,339

89,575

149,446

472,566

886,804

849,430

636,818

371,850

200,349

98,353

51,343

2,567
163,342

781
114,649

74
63,599

38
36,009

828,029

38
19,954

223
30,313

20
29,132

80
65,380

1,420
194,282

2,418
336,139

1,403
287,362

1,382
231,337

189
207,346

118,886

223,893

198,367

178,358

196,095

253,294

312,279

355,432

358,752

322,211

285,958

202,429

166,272

14,408
36,147

22,617
35,036

20,772
28,263

43,660
27,638

127,816
74,537

225,168
110,557

193,025
119,314

154,286
131,843

135,623
128,018

107,792
126,446

81,055
113,413

43,137
85,206

24,743
62,602

6,649

256,192
6,425

5,819

6,403

360,590
6,714

6,610

8,549

361,863
9,120

8,626

10,700

241,169
8,178

8,347

7,361

.091
41,025
408,965

.101
37,063
513,358

.096
26,066
444,833

.099
38,935
178,358

. 102
73,430
287,347

.104
161,333
289,326

.103
176,261
343,550

.107
139,381
401,284

.101
126,945
453,990

.097
114,079
489,195

.094
84,935
504,033

.094
65,190
487,536

.088
41,006
460,727

747

1,738

2,240

1,129

1,322

930

1,254

1,690

886

1,414

1,496

1,037

1,244

542
181
348

319
70
344

205
117
248

985
81
344

4,009
389
2,040

3,148
1,299
3,326

952
1,266
2,597

415
298
2,153

229
142
1,928

99
119
1,640

224
131
1,246

172
95
791

270
160
535

1.77

6,104
1,464
1.65

1.59

1.53

5,998
3,005
1.68

1.79

1.80

8,264
4,270
1.83

1.87

1.84

7,094
2,434
1.76

1,72

1.69

/14,123

« 9, 468
5,906

6,299

5,315

2,322

4,331

3,543

2,559

1,969

3,150

4,331

5,315

6,299

6,693

25,794

53,605

39,368

41,787

35,356

37,430

40,983

59,293

39,399

36,225

42,379

33,233

27,117

15,104

4,485

7,544

12,506

21,527

22,647

19,509

22,245

21,782

15,244

21,748

23,715

15,649

.095

82,888
.096
116,946
6,045

73,812
75,404
.089 """"."097" •""."697"
.101
116,667
156,569
10, 235
6,854
4,069
13,320

.101

.100

.095

.094

8,605

7,853

65,574
.098
132,137
10, 200

9,372

13,808

."593* "".'oif
4,797

5,233

106,332

104,995
22, 549

26,766

17,846

187,466

146,532

26,193

32,440

32,430

35,501

32,831

37,388

37,851

32,368

32,464

26,941

.142
32,261

.145
33,962

.145
33,506

.145
36,558

.145
38,835

.145
33,794

.143
32,302

.130
25,580

.128

.128

.125

.122

.118

.117

.117

.109

.125
25,834

.140
25,222

.135
21,469

.130
25,793

. 130
31,855

.107

.129

.124

.130

.130

•Revised.
«July 1 estimate
/ December 1 estimate.
•For earlier data on vegetable shortening price, see p. 18 of the January 1934 issue.
f Revised series: Monthly data on cottonseed and cottonseed products for the year ended July 1932 were shown on p. 20 of the February 1933 issue; revisions for each
month of 1933 were shown when monthly data for 1934 became available; revisions for year 1934 were shown on p. 38 of the November 1934 issue and for year ended July 1935
on p. 20 of the November 1935 issue. For exports of cottonseed cake and meal for the year 1932, see p. 37 of the June 1933 issue. Data revised for 1933, see p. 19 of the September
1934 issue; for 1934 revisions, see p, 19 of the December 1935 issue. For revised data on imports of vegetable oils for 1932, see p. 17 of the June 1933 issue; for 1933, p. 20, of the
October 1934 issue; and for 1934, p. 20, of the December 1935 issue. Quarterly data on fats and oils for the years 1932 and 1933 were shown on p. 19 of the March 1935 issue;
for 1934 on p. 19 of the November 1935 issue.
#See footnote on p. 37 of the October 1934 issue. Data revised for 1933; see p. 20 of the October 1934 issue; for 1934 revisions, see p. 20 of the December 1935 issue.
•This series prior to September 1935 was listed as *'Lard Compound."




36

SURVEY OF CURRENT BUSINESS

Monthly statistics through December 1931, 1936
together with explanatory footnotes and references to the sources of the data, may be found June
in the 1932 Annual Supplement to the Survey

August 1936
1936

1935
June

July

August Septem- October Novem- December
ber
ber

January

February

March

April

May

CHEMICALS AND ALLIED PRODUCTS—Continued
PAINTS
Paints, varnish, lacquer, andfillerproducts:!
Total sales
thous. of dol—
Classified
tbous. of doL.
Industrial -thous. of dol—
Trade
thous. of dol—
Unclassified (273 estab.)§—thous. of dol—
Plastic, cold-water paints, and calcimines:
Sales:
Calcimines
_.
dollarsPlastic paints
dollars—
Cold-water paints
dollars—
CELLULOSE PLASTIC PRODUCTS
Nitro-cellulose:*
Sheets, rods, and tubes:
Production
thous. of lb—
Shipments
thous. of lb—
Cellulose-acetate:*
Sheets, rods, and tubes:
Production
thous. of lb—
Shipments
.
thous. of lb—
ROOFING
Dry roofing felt:
Productionshort tons—
Stocks, end of month
—short tonsPrepared roofing shipments:^
Total
thous. squaresGrit roll
thous. squaresShingles (all types)
thous. squaresSmooth roll
thous. squares—

26,373
10,704
15,669
12,291
306,656
54,817
158,285

11,336
9,300

28,502
19,214
7,777
11,438
9,287

19,039
7,985
11,054
9,497

32,853
22,132
9,519
12,613
10,721

303,229 253,256
28,668 29,039
102,892 103,161

29,261
107,877

274,829
27,463
102,379

34,414
105,306

32,326
22,118
8,503
13,615
10,207

28,975
19,675

25,427
17,856
8,870
7,571

20,039
14,271
7,561
6,710
5,768

212,871 205,543
31,760 21,468
77* 784 72,918

1,154
1,206

1,009
1,017

1,026
1,024

1,285
1,294

1,551
1,435

1,061
850

317

486
525

595
578

882
884

1,299
1,239

1.265
1,114

21,956
10,479

21,454
7,252

20,215
7,376

7,730

20,419
7,376

24,716
6,962

2,330
653
764
913

2,213
494
739

2,321
576
635
1,110

2,768
667
815
1,286

3,102
834
766
1,501

3,180
850
869
1,461

23,914
16,355
8,188
8,167
7,559

20,247
14,363
7,162
7,201
5,884

280,896 199,183
31,292 27,734
89,730 76,971

29, 973
20, 728
9,282
11,446
9,245

40,990
28, 026
10, 746
17, 280
12,963

293, 756 348,953 361,356
44, 520 47, 407 51, 758
134,803 147,160 175,088

1,322
1,148

948
859

934

15,780
8,935

17,266
8,677

19,313
7,902

1,952
498
482
972

1,186
270
308
607

366
341
961

3,139
660
565
1,914

1,388
1,319

1,345
1,288

1,221
1,097

921

22,528
7,999

23, 713
7,086

22, 391
8,630

2,451
566
681
1,205

2,744
634
887
1,223

« 2,103
566
«740
797

546

16,851
7,577

1,224
1,239
785

1,230
1,252

1,420

36, 377
25,199
11,021
14,178
11,177

ELECTRIC POWER AND GAS
ELECTRIC POWER
Production, totalt—mills, of kw.-hr_By source:
Fuelsf
mills, of kw.-hr—
Water powerf..
—mills, of kw.-hr—
By type of producer:
Central stations!
mills, of kw.-hr—
Street railways, manufacturing plants,
etc.—.—..
.mills, of kw.-hr..
Sales of electrical energy:
Sales to ultimate consumers, total (Edison
Elec. Inst.)
mills, of kw.-hr..
Domestic service
mills, of kw.-hr..
Commercial—retail
mills, of kw.-hr—
Commercial—wholesale-mills, of kw.-hr__
Municipal street lighting
mills, of kw.-hr..
Railroads:
Electrified steam
mills, of kw.-hr..
Street and mterurban_mills. of kw.-hr..
Revenues from ultimate consumers (Edison
Elec. Inst.)
thous. of dol
..
GAS
Manufactured gas:*f
Customers, total....
thousands,_
Domestic—
thousands..
House heating
thousands,
Industrial and commercial..thousands
Sales to consumers
millions of cu. ft
Domestic
millions of cu. ft.
House heating
millions of cu. ft
Industrial and commercial
millions of cu. ft—
Revenue from sales to consumers
thous. of dol..
Domestic
thous. of dol—
House heating..
..—thous. of dol.
Industrial and commercial-tbous. of dol.
Natural gas:*f
Customers, total
thousands.
Domestic.
thousands.
Industrial and commercial..thousands.
Sales to consumers
millions of cu. ft.
Domestic
millions of cu. ft.
Industrial and commercial
millions of cu. ft.
Revenues from sales to consumers
thous. of dol.
Domestic
thous. of dol.
Industrial and commercial, thous. of dol.

9,091

7,875

8,373

8,576

8,206

8,847

8,690

9,139

8,904

* 8T892

5,829
3,262

4,425
3,450

4,781
3,592

5,246
3,330

5,182
3,024

5,975
2,872

5,432
3,258

5,850
3,288

5,881
3,365

5,681
2,918

5,114
3,790

« 4,878
*
4,014

8,561

7,419

7,846

8,078

7,731

8,361

8,588

8,747

8,118

8,423

8,423

530

456

527

551

499

481

481

475

6,147
1,059
1,095

6,265
1,052
1,128
3,468

6,614
1,073
1,177
3,734

1,186
1,220
3,726

6,927
1,289
1,293
3,624

7,029
1,368
1,361
3,493

7,278
1,466
1,403
3,567

6,999
1,340
1,324
3,514

6,913
1,254
1,256
3,649

7,069
1,223
1,281
3,842

7,085
' 1,165
1,266
3,975

152

170

180

207

217

227

234

219

209

193

180

65
331

67
329

67

73
360

79
368

439

100
446

394

375

77
354

151,437

151,215

156,038

159,073

162, 789 169,339

173,459

179,141

171,220

165,650

165, 703

164, 015

9,949
9,389
115
434
28,897
19,764
1,271

9,948
9,394
106
436
25,723
17,601
550

9,956
9,407
104
433
24,479
16,673
387

10,023
9,473
106
435
27,492
19,189
550

9,994
9,421
128
437
30,164
18,543
3,223

10,005
9,425
131
439
33,480
18,679
5,716

9,333
133
485
35,960
19,922

9,972
9,346
135
481
36,611
20,146
7,053

9,973
9,343
129
487
34,129
19,219
5,282

10,011
9,378
132
488
33,018
18,781
4,223

10, 098
9,465
136
485
31,334
18,866
2,805

475
6,635
1,135
1,192
3,676

67
328

10,033
9,467
121
434
29,897
20,008
1,571

* 5,163
* 3,923
8,604
481

7,720

7,396

7,288

7,600

8,134

8,206

8,861

9,143

9,190

9,422

9,827

9,493

31,189
24,669
894
5,524

28.313
22,575
419
5,216

27,137
21,539
313
5,175

30,140
24,140
475
5,415

31,753
24,697
1,150
5,782

31,308
23,416
1,849
5,912

33,013
23,336
3,291
6,244

34,555
23,800
4,il3
6,495

34,653
23,322
4,612
6,571

32,887
22,742
3,514
6,490

32, 093
22,885
2,585
6,476

31,839
23,820
1,553
6,336

5,836
5,409
425
74,116
19,149

5,820
5,404
415
68,272
14,083

5,835
5,427
407
71,519
12,519

5,880
5,468
411
75,325
14,135

5,947
5,510
435
85,028
18,556

6,018
5,552
464
99,714
26,726

6,039
5,563
474
113,418
36,325

5,987
5,515
470
123,778
43,715

6,004
5,532
469
136,242
50,131

6,033
5,559
472
113,823
38,942

6,027
5,560
465
106,193
31,859

5,578
453
92, 639
23, 658

53,761

53.314

58,049

60,273

65,252

71,691

75,680

78,980

84,673

73,442

72,770

67,588

24,395
14,056
10,178

21,095
11,192
9,760

20,776
10,316
10,321

22,120
11,262
10,718

25,805
13,677
11,958

32,099
18,316
13,591

38,825
23,635
14,981

44,312
27,964
16,178

48,116
30,581
17,296

39,732
24,667
14,846

35,475
21, 034
14, 219

29,251
16,429
12, 635

• Revised.
• New series. For earlier data see p. 19 of the May 1935 issue, manufactured and natural gas. Series on cellulose products prior to January 1933 not available.
1 Revised series. Data revised beginning with January 1932; see p. 39 of the April 1935 issue. Revisions for period January 1932 to January 1934, inclusive, will
be shown in a subsequent issue.
t For revised data for electric-power production for 1932 see pp. 38 and 56 of the May 1933 issue; for 1933 see p. 38 of the May 1934 issue; 1934 and 1935 data also revised.
Revisions not shown in the June 1935 issue and in the May 1936 issue will appear in a subsequent number. Manufactured and natural-gas statistics for the years 1929-35
have been revised. Revised data on manufactured gas are shown on p. 20 of the June 1936 issue. Revised data for the natural gas series are shown on p. 19 of this issue.
§ For revised data on paint, varnish and lacquer products for the years on "total" for 1928-35 and "unclassified" for years 1932-35 see p. 20 of the November 1935 issue.




Monthly statistics through December 1931,
together with explanatory footnotes and referencestothe sources of the data, may be found
in the 1832 Annual Supplement to the Survey

37

SUEVEY OF CURRENT BUSINESS

August 1936

1935

1936
June

June

July

1936

August Septem- October Novem- Decem- January
ber
ber
ber

February

March

April

2,685
2,932
6,802

3,738
4,433
7,333

3,887
3,970
8,208

May

FOODSTUFFS AND TOBACCO
BEVERAGES
Fermented malt liquors:*
Consumption (tax-paid withdrawals)
thous. of bbl— 5,600
Production
-thous. of bbl— 6,061
Stocks, end of month
thous. of bbl—
Distilled spirits:*
Consumption (tax-paid withdrawals) f*
5,229
thous. of proof gal4,288
Whisky..
thous. of proof galProduction, total
thous. of proof gal- 24,274
Whisky
thous. of proof galStocks, end of month ..thous. of proof gal— 310,793
Whisky,.—
thous. of proof gal- 300,653
Rectified spirits:
Alcohol, ethyl, withdrawn tax paid (see p.
Consumption (tax-paid withdrawals)*
thous. of proof gaL.
DAIRY PRODUCTS
Butter:
Consumption, apparent'!—thous. of lb..
Price, N. Y., wholesale (92-score)
dol. per lb..
Production (factory)!thous. of lb,.
Receipts, 5 markets
-thous. oflb-.
Stocks, cold storage, creamery, end of
month
thous. of lb-.
Cheese:
Consumption, apparent!
thous. oflb-.
Imports!
thous. of lb-.
Price, no. 1 Amer. N. Y
dol. per lb-.
Production (factory)!-thous. oflb,.
American whole milk!
thous. of lb_.
Receipts, 5 markets
thous. of 1b..
Stocks, cold storage, end of month!
thous. of lbAmerican whole milk!
thous. oflb..
Milk:
Condensed and evaporated:
Production:!
Condensed (sweetened)._thous. oflb-.
Evaporated (unsweetened) §
thous. of lb_,
Exports:
Condensed (sweetened)—thous. of lb..
Evaporated (unsweetened)
thous. oflb..
Prices, wholesale, N. Y.:
Condensed (sweetened)-dol. per caseEvaporated (unsweetened)
dol. per caseStocks, manufacturers, end of month:
Condensed (sweetened):
Bulk goods
—thous. of lb.
Case goods
thous. of lb.
Evaporated (unsweetened):
Case goods
thous. of lb.
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_
Powdered milk:
Exports
;
thous. of lb_
Orders, net, new
thous. oflb.
Stocks, mfrs. end of mo
thous. of lb_

4,341
4,521
°7,766

5,465
5,335
7,341

5,107
6,924

4,675
4,014
15,144
14,280
160,755
152,807

4,265
3,486
15,610
14,557
171,094
163,202

4,535
3,758
14,089
13,067
180,268
172,363

1,345

1,271

133,482 139,343
.30
186,977
69,435

.24
201,265
72,844

74,683

1,937

3,931
3,868
6,690

3,790
3,735
6,496

3,221
6,204

7,020
6,372
187,729
180,066

7,807
7,076
23,002
16,549
195,796
188,423

9,045
8,237
25,000
18,301
205,382
197,788

1,385

2,019

2,614

2,969

2,998

2,304

133,372

150,704

149,397

148,227

143,320

136,491

.24
186,562
72,036

.25
157,839
53,000

.26
141,141
48,294

119,602
42,149

.32
94,838

.34
104,426
35,734

156,855

148,822

120,210

71,948

40,117

21,502

8,217

5,346

52,304
5,880
.18
39,464
27,598
15,423

47,085
3,022
.19
38,782
26,912
11,488

56,180
3,240
.18
43,841
29,730
10,416

54,820
3,794
.17

56,559
5,693

26,139
13,339

45,317
29,733
15,164

58,961
4,217
.15
48,816
34,656
13,398

104,661
92,912

99,572
86,537

90,890
78,197

79,556

73,952
62,261

67,776 « 70,783
55,756 « 56,946

23,328

22,140

28,864

144,222 181,552

248,258

96,392

149,628

72,248 * 59,482
4,257
3,836
.17
.15
83,132 » 74,274
64,016 « 57,533
21,191
14,645

52,153
.15
68,760
54,293
18,480

3,647
.16
61,513
51,493
16,687

59,491
47,448
16,384

62,476
6,015
.17
53,315
41,157
16,836

85,781
70,245

94,679
82,397

105,851
92,767

114,953
102,661

111,731
100,670

75,291
64,395

3,632

3,104
3,219
6,205

2,679
3,335
6,640

5,041
5,418
8,409

8,219
6,019
6,173
6,203
6,177
5,666
7,315
5,421
5,531
5,687
5,390
4,760
24,412 21,910 19,804 22,691 23,251 23,373
19,910 20,340 18,838 21,612 21,017 22,158
215,518 230,425 242,830 258,221 273,798 290,739
207,154 221,602 233,797 248,946 264,389 281,208

2,335

2,367

2,044

127,217

123,556 124,574

133,162

160,248

107,831
42,257

.32
.37
108,096 121,157
41,211 45,829

.31
132,194
48,379

.27
176,189
56,537

2,028

33,537 '31.468

23,334

21,689

18,918

17,581

16,856

21,405

19,833

21,254

266,199 '267,429

209,278

161,929

138,202

105,325

87,766

102,872

118,301

112,704

4,997 « 21,157
65,367
3,152
.15
65,339
48,320
14,206

465

265

319

242

235

275

332

474

147

257

229

246

262

1,696

2,432

1,581

1,582

2,383

2,108

2,646

2,585

1,810

2,719

2,463

1,765

2,138

4.85

4.85

4.85

4.85

4.85

4.85

4.85

4.85

4.85

4.85

4.85

4.85

4.85

3.15

3.00

2.80

2.80

2.80

2.90

3.12

3.15

3.15

3.15

3.15

3.15

14,082
11,275

13,059
16,511

13,956
18,159

11,648
18,460

8,333
17,349

5,497
14,678

3,373
11,697

2,931
8,829

2,845
6,044

2,329
3,659

2,741
2,963

4,588
3,741

« 9,374
8,252

186,359

287,204

339,978

358,780 343,132

229,065

91,250

72,916

66,094

45,375

42,597

5,521

5,998

4,489

5,371

6,515

6,506

6,787

6,932

7,396

7,555

6,622

6,529

5,029

32,713

27,869

24,773

23,075

22,738

28,022

31,578

30,919

35,548

36,039

41,673

19,614
110,573

18,431
107,630

16,529
107,265

17,768
109,639

17,160
105,925

16,210
109,377

16,380
111,875

15,308
104,459

15,266
15,694
115, 536 110,640

17,387
120,137

281
12,989
38,504

243
16,239
34,698

282
14,844
29, 702

252
13,559
23,166

13,254
14,580

219
12,654
10,121

305
10,952
9,212

10,720
8,485

42,051
17,535
114," 657 110,417
428
16,131
31,957

207
12,338
36,440

12, 316
9,435

61, 775 141,774

352
14, 778 < 13,837
*
11, 225 •21,252

FRUITS AND VEGETABLES
/167,283
Production, crop estimate---thous. of bu_. 103,214
4,740
4,563
6,283
5,414
2,281
863
7,546
5,378
1,605
6,855
18,836
1,307
Shipments car lot!
carloads..
616
Stocks, cold storage, end of month
5,976
3,769
1,783
8,225
2,510
11,018
10,276
thous. of bbl— .
14,628
13,539
11,153
14,450 13,260 13,516 15,016
6,800
8,911
11,466
8,428
12,114
Citrus fruit, car-lot shipments!
carloads— 11,050
1,838
3,645
2,625
2,592
2,392
1,518
3,420
3,654
1,744
1,020
3,614
3,038
Onions, car-lot shipments!
; carloads..
3,858
Potatoes:
2,406
1.700
1.820
2.519
1.656
1.790
1,120
1.800
.906
.706
.965
.713
Price, white, N . Y
dol. per 100 lb__ e 3,665
/387,678
Production, crop estimate..-thous. of bu._ • 315,359
18,718 < 17,114
16,810 19,560 24.388
11,356
*
13,854
12,362
19,491
9,097
21,073
15,453
Shipments, car lot!
carloads.. 18,598
• Revised.
§Bulk evaporated milk not included since December 1931.
• July 1 estimate.
/ Dec. 1 estimate.
•New series. Beverage figures are compiledby theTJ. S. Treasury, Alcohol Tax Unit. Monthly data on distilled spirits available beginning July 1933 and on fermented
malt liquors, April 1933. For earlier data for receipts of milk in Greater New York see p. 20 of the August 1934 issue. See p. 19 of the June 1933 issue for butter consumption.
Data on consumption of rectified spirits are as indicated by the sale of stamps. Data prior to April 1933 not published.
#See footnote on p. 37 of this issue. Data for 1933 also revised, see p. 20 of the October 1934 issue. For 1934 revisions see p. 20 of the December 1935 issue.
tRevised series. For revisions refer to the indicated pages of the monthly issues, as follows: For 1931 on apparent consumption of cheese, production of total and
American whole-milk cheese, and production of condensed and evaporated milk, p. 20, January 1933. For earler data on stocks (cold-storage holdings) of total and American
whole-milk cheese, p. 19, April 1933. For 1932 revised data on production of factory and American whole-milk cheese, production of condensed and evaporated milk, p. 39,
September 1933. For subsequent revisions for 1932 on production of evaporated milk, p. 39, November 1933. For 1932 and 1933 revisions on butter and cheese consumption
and 1933 revisions on production of butter, cheese, condensed and evaporated milk, see p. 19 of the March 1935 issue. For 1934 revisions on production of butter, cheese,
condensed and evaporated milk, and apparent consumption of butter and cheese see p. 19 of the November 1935 issue. For final revision for 1933, car-lot shipments of
apples, citrus fruits, onions, and potatoes, see p. 20, January 1935 issue, and for 1934 revisions see p. 20 of the November 1935 issue. Data on consumption of distilled spirits
revised to include brandy tax paid direct from fruit distilleries. For revisions see p. 39 of the March 1935 issue.
•Consumption of distilled spirits (withdrawn tax paid) plus brandy tax paid direct from fruit distillers plus ethyl alcohol withdrawn tax paid (see p . 39) equals
Bureau of Internal Revenue total of distilled spirits withdrawn tax paid.




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

1935

1936
June

August 1936

June

July

August Septem October Novem- December
ber
ber

1936
January

February

March

April

May

FOODSTUFFS AND TOBACCO—Continued
GRAIN AND PRODUCTS
Exports, principal grains, includingflourand
2,481
3,449
2,777
2,733
1,683
2,156
1,999
2,003
2,601
1,594
mealf
—
thous. of bu_.
1,842
2,144
2,530
Barley:
1,953
1,240
1,138
704
581
872
67
359
573
549
Exports, including maltt
thous. of bu._
323
823
806
Price, no. 2, Minn.:
.58
.59
.64
.52
.58
.61
.56
.71
.66
.68
Straight*....
dol. per bu._
.64
.67
.66
.70
.65
.65
.71
Malting*
dol. per bu..
.67
.82
.71
/282,226
Production, crop estimate...thous. of bu— «164,866
5,893
13,780
9,923
4,809
6.142
1,559
7,645
7,827
2,628
Receipts, principal markets*.thous. of bu—
7,845
5,966
5,565
Visible supply, end of month*
15,474
12,009 16,087 16,571
3,681
6,412
5,169
13,443
15,124
thous. of bu— 9,578
11,894
12,978
11,241
Corn:
32
48
74
28
219
29
63
46
42
52
34
Exports, including mealf
thous. of bu...
109
70
5,404
3,917
4,028
4,710 « 6,232
° 6,204 °6,240
4,001
Grindings
thous. of bu_.
«7,0
«6,128 »6,356
Prices, wholesale:
.62
.84
.78
.62
.67
.63
.61
.62
.87
.81
No. 3, yellow (Kansas City).dol. per bu—
.62
.82
.62
.56
.84
.64
.71
.87
.85
.58
No. 3, white (Chicago)
dol. per bu..
.64
.67
0)
(/)
Production, crop estimate. ~ thous. of bu.. 2,244,834
2,291,629
7,129
7,313
9,091
18,729
6,146
18,003
14,466
9,544 18,879
Receipts, principal markets—thous. of bu~ 24,215
17,497
13,640
16,227
Shipmehts, principal markets
3,102
4,565
3,342
6,039
8,828
7,256
7,750
8,133
3,812
thous. of bu._ 15,194
7,494
11,320
Visible supply, end of month*
3,932
6,821
7,743
4,884
7,317
8,860
7,955
7,685
6,802
8,673
2,481
thous. of bu—
5,008
6,511
Oats:
142
105
83
425
80
88
77
154
70
303
62
70
Exports, including oatmealf-thous. of bu._
81
.28
.29
.29
.30
.29
.30
Price,no. 3, white (Chicago)—dol. per bu..
.27
.28
.28
(/)
Production, crop estimate.—thous. of bu.. *805,420
1,196,668
2,544
28,907 21,300 12,089
1,901
6,201
8,768
4,489
5,652
Receipts, principal markets..thous. of bu._
4,991
4,450
5,866
6,200
Visible supply, end of month*
8,399
7,075
25,063 41,430 45,863 46,637
42,012
37,648
35,493
41,123 40,213
thous. of bu._ 31,394
31, 282
Rice:
35,182 90,194 148,651 342,068
713 329, 712
90,247
55,374
29,792
4,241
51,059
Exportsf
pockets 100 l b . .
9,823
12,412 14,056 21,932
6,897
11,789
73,986
19,769
60, 932
25,040
27,839
Imports*
pockets 1001b— 97,490
79,589
76,870
Price, wholesale, head, clean, New Orleans
.040
.043
.040
.040
.039
.040
.040
.040
.040
dol. per lb—
.040
.039
.042
/ 38,132
Production, crop estimate..-thous. of bu— •41,997
Southern States (La., Tex., Ark., and
Tenn.):
Receipts, rough rice, at mills
2,402
272
930
1,796
thous. of bbl. (1621b.)..
483
232
657
14
60
82
161
845
129
Shipments from mills (milled rice) total»
331
1,224
538
591
788
thous. of pockets (100 lb.)-.
270
318
529
979
1,070
1,019
529
Stocks, domestic, rough and cleaned (in
terms of cleaned rice) end of month
709
632
1,855
3,136
383
333
1,999
2,554
3,044
1,244
2,968
thous. of pockets (100 lb.)_.
Rye:
2
2
0
1
0
3
0
0
0
Exports, including flour thous. of bu._
0
0
0
.45
.52
.52
.58
.48
.49
.57
.50
Price, no. 2, Minneapolis
dol. per bu—
.46
.52
.53
.47
Production, crop estimate...thous. of bu— • 26,380
/ 58,928
1,422
2,212
2,461
Receipts, principal markets*.thous. of bu—
763
1,169
2,754
1,991
298
1,324
970
1,061
2,297
Visible supply, end of month*
7,060
8,367
6,907
6,379
9,022
8,559
thous. of bu__
7,642
7,176
9,088
8,412
7,555
Wheat:
Exports:!
1,324
1,278
1,382
1,195
1,231
1,602
1,425
1,132
1,192
1,202
Wheat, including flour thous. of bu_.
1,423
1, 534
14
8
66
26
34
30
30
13
Wheat only
thous. of bu—
28
16
8
34
Prices, wholesale:
No. 1 Dark Northern Spring, Minn.*
1.27
1.33
dol. per bu..
1.31
1.24
1.28
1.33
1.13
1.34
1.28
1.05
1.23
1.14
No. 2 Red Winter, St. Louis
.92
.95
.87
1.03
1.05
.86
1.10
1.08
1.09
1.09
1.06
1.07
dol. per bu—
1.02
1.15
.99
1.04
1.19
.96
.88
1.11
1.13
1.06
1.02
1.13
1.10
No. 2 Hard Winter, K. C—dol. per bu—
.95
Weighted average 6 markets, all grades
.97
.97
.96
1.03
.98
.98
1.00
.95
1.07
dol. per bu—
.90
1.07
1.07
Production, crop estimate, total
/623,444
thous. of bu— «638,399
f159,241
Spring wheat
.thous. of bu._ •126,314
Winter wheat
thous. of bu~ •612,085
f464,203
48,169 42,289 27,883
10,024
14,501
5,474
9.277
7,418
Receipts
—thous. of bu_. 14, 819
9,943
11,103
14,997 15,595 14,695
12,403
11,217
9,289
7,964
6,782
7,745
Shipments
thous. of bu— 12,363
7,181
11,233
12, 970
359,920 418,130 443,400
342,490
Stocks, visible supply, world.thous. of bu—
484,010 468,910 427,650 380,190 335,340 284,970
257,424 259,928 243,631 223,725 206,823 189,250 160,107
Canada
thous. of bu— 140,346 194,779 192,419 186,114 219,903
64,198 78,631 82,406
36,674
80,371
United States*
thous. of bu— 25,125
74,730
68,010
49,537
58,164
41,482
32,073
Stocks, held by mills (quarterly)
155,791
68,700
139,774
thous. of bu— 62,642
86,097
Wheat flour:
7,624
7,646
8,567 10,703
7,665
Consumption (computed) t-thous. of bbl— 8,250
9,022
9,035
7,923
9,386
10,373
8,009
8,090
279
Exports
thous.of bbl—
314
248
297
234
253
319
253
289
248
270
335
299
41,686 45,664
Grinding of wheat
thous. of bu_.
38,987
38,273
40,042
33,123
'35,328
Prices, wholesale:
33,745
36,642
33,918
38,254
37,141
36,453
8.38
Standard Patents, Minn dol. per bbl_.
8.21
8.48
6.92
7.19
6.99
6.07
Winter, straights, Kansas City
6.87
6.28
7.44
8.15
7.99
6.45
dol. per bbU.
7.06
7.19
5.42
6.09
5.56
4.80
Production:
5.54
4.73
6.13
6.84
6.24
5.24
Flour, actual (Census)
thous. of bbl..
9,055
9,897
8,252
7,175
8,644
8,401
° 7,569
Flour prorated, total (Russell's) t
7,381
7,845
7,387
8,274
8,082
7,840
9,746 11,116
thous. of bbl—
8,975
8,349
9,070
8,149
Offal
thous. of lb—
7,857
8,300
9,802 595,761 728,216 709,574 694,897
8,163
8,016 744,779 821,200
8,235 a650,921
Operations, percent of total capacity— 675,902 597,746 599,548
46
53
659,717
61
59 692,087
51 665,223
56
«48
Stocks, total, end of month (computed)
47
48
53
46
48
5,400
5,592
thous. of bbl—
5,400
48
6,600
4,950
4,600
5,200
4,950
4,700
3,864
4,222
Held by mills (quarterly).-thous. of bbl—
4,400
4,068
4,100
4,500
5,100
4,255
• July 1 estimate.
/Dec. 1 estimate.
_. ,
,.
» Revised.
2 Brewer's rice not included.
• No. quotation.
* New series. For earlier data, see p. 20 of the November 1932 issue, rye and barley receipts and rye stocks; and p. 20 of the June 1935 issue, wholesale price of wheat,
No. 1 Dark Northern Spring, Minneapolis. Since the division of no. 2 barley by the Department of Agriculture into straight and malting grades as of July 1,1934, prices
for each grade have been reported separately.
t Data revised. For revisions of wheat flour, production and consumption (Russell's) from July 1931 to December 1932, see p. 19 of the August 1933 issue. For revised
data on exports for 1932 see p. 39 of the June 1933 issue for 1933, p. 20 of the September 1934 issue, and for 1934, p. 19 of the December 1935 issue.
• Represents the visible supply east of the Rocky Mountains as reported by Dun & Bradstreet.
# See footnote on p. 37 of this issue. Data for 1933 also revised, see p. 20 of the October 1934 issue, and'for 1934, revisions p. 20 of the December 1935 issue.




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

39

SURVEY OF CURRENT BUSINESS

August 1936
1936
June

1935
June

July

1936

August Septem- October Novem- December
ber
ber

January

February

March

April

May

FOODSTUFFS AND TOBACCO—Continued
LIVESTOCK AND MEATS
Total meats:
Consumption, apparentA
mills, of lb—
Production (inspected slaughter) A
mills, of l b Stocks, cold storage, end of month, totalA
mills. oflb_.
Miscellaneous meats
mills, oflb—
Cattle and beef:
Beef and veal:
Consumption, apparentA—thous. of lb—
Exportsf
thous. of lb—
Price, wholesale:
Beef, fresh native steers, Chicago
dol. per lb_.
Production, inspected slaughter A
thous. of lb—
Stocks, cold storage, end of monthA
thous. of lb__
/""1 j-. 4-4-1 A ana caives.
L-attiG r**«s3 smlvrACi*
Movement, primary markets:*
Receipts
thous. of animals..
Slaughter, local
thous. of animals..
Slaughter, inspected. (See Leather
and leather products.)
Shipments, total....thous. of animals..
Stocker and feeder.thous. of animals..
Price, wholesale, cattle, corn-fed, Chicago
- dol. per 100 lb—
Hogs and products:
Hogs:
Movement, primary markets :•
Receipts
thous. of animals—
Slaughter, local
thous. of animals..
Slaughter, inspected. (See Leather
and leather products.)
Shipments, total..-thous. of animals..
Stocker and feeder.thous. of animals..
Price, heavy, Chicago..-dol. per 100 lb—
Pork, including lard:
Consumption, apparentA--thous. of l b Exports, totalt
thous. oflb..
Lardf
.
thous. oflb,.
Prices:
Hams, smoked, Chicago..dol. per l b Lard:
Prime contract, N. Y.-.dol. per lb—
Refined, Chicago*
dol. per lb—
Production, inspected slaughter, totalA
thous. oflb—
LardA
thous. of lb—
Stocks, cold storage, end of mo.
thous. of lb—
Fresh and curedA
thous. of lb—
LardA
thous. of lb—
Sheep and lambs:
Lamb and mutton:
Consumption, apparentA--thous. of Reproduction, inspected slaughter A
thous. oflb—
Stocks, cold storage, end of mo.
thous. oflb—
Movement, primary markets:*
Receipts
thous. of animals
Slaughter, local
thous. of animals..
Slaughter, inspected. (See Leather and
leather products.)
Shipments, total
thous. of animals..
Stocker and feeder.thous. of animals..
rrices, wnoiesaie.
Ewes, Chicago
„—dol. per 1001b..
Lambs, Chicago
dol. per 100 lb._
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. oflb—
Stocks, cold storage, end of mo.
thous. oflb-.
TROPICAL PRODUCTS

1,036

808

871

876

834

1,015

915

933

1,009

844

942

961

957

1,033

744

780

818

777

992

958

1,023

1,144

847

937

960

949

638
57

641
53

540
50

478
50

422
49

402
53

448
63

563

74

698
79

689
70

675
67

669
61

650
57

501,898
1,110

380,687

416,360

472,160
1,226

546,724
1,013

473,218
1,041

493,972

426,553

988

471,179
1,193

464,510

623

604

728

787

439,651
1,218

485,136
1,032

474,888
1,426

.133

.174

.170

.179

.179

.169

.166

.178

.180

.171

,151

.149

.134

485,518

366,834

404,365

463,641

465,982

559,057

492,498

472,516

484,406

402,142

425,199

459,149

453,127

41,225

55,653

49,473

47,292

48,226

65,484

91,164

106,210

104,447

86,928

79, 509

65,011

1,764
1,137

1,402

1,603
1,053

1,944
1,136

2,257
1,241

2,545
1,351

2,037
1,340

1,809
1,143

1,785
1,158

1,416

904

942

1,625
1,046

1,673
1,094

1,522
1,002

610
167

494
150

414
145

792
302

978
441

1,198
629

911
445

650
242

623
196

462
116

556
190

573
195

511
163

8.51

11.50

10.90

11.54

11.31

11.41

11.36

12.21

12.11

10.61

10. 31

9.21

8.61

1,864
1,348

1,301

1,336

1,278

1,220

1,652
1,182

1,671
1,149

2,036
1,428

2,524
1,774

1,817
1,188

2,045
1,372

1,875
1,322

1,759
1,276

926

912

874

824

a

51,134

512
36

375
27

420
24

401
31

390
22

463
25

526
24

606
36

745
38

628
26

666
33

550
38

482
32

10.05

9.49

9.49

11.26

11.41

10.19

9.42

9.51

9.73

10.33

10.10

10.55

9.48

486,492
18,880
11,090

370,858
15,041
6,877

395,089
13,413
4,915

341,068
10,256
3,406

301,338
6,213
1,515

399,239
7,425
2,731

387,163
14,872
7,932

413,271
12,832
7,853

450,560
14,929
10,117

362,070
11,268
7,514

443,486
16,403
11,461

423,876
14,118
9,489

434, 683
18,495
10,837

.213

.223

.264

.279

.260

.267

.273

.263

.243

.235

.239

.238

.169
.177

.151
.164

.138
.144

.117
.134

.109
,120

.112
.118

.111
.118

.113
.120

.104
.113

499,066
87,288

.147
.151
.168
.154
.158
.177
321,685 11315,612 290,419
49,102 45,772
41,306

250,608
34,392

363,102
47,758

409,862
58,072

495,296
74,009

595,065 39/), 346
96, 392 66,464

453,787
75,518

449,029
77,024

449,173
80,534

538,184
431,292
106,892

529,987 1438,345
445,307 |369,910
84,680
68,435

378,786
325,249
53,537

322,955
277,605
45,350

281,365
240,663
40,702

291,115
253,209
37,906

379,495
326,777
52,718

511,711
436,042
75,669

530,143
451,418
78,725

526,963
450,149
76,814

541,017 « 540,274
457,402 «440,618
83,615 ° 99, 656

.240
.103
.113

48,107

56,361

59,874

63,986

60,255

69,370

54,961

54,837

64,298

55,016

58,477

52,394

47,205

47,971

55,946

59,653

63,641

59,941

69,983

55,702

55,231

64,140

54,829

58,285

51,871

46,721

1,123

2,376

2,109

1,730

1,376

1,968

2,661

3,025

2,824

2,563

2,334

1,785

1,282

1,859
961

1,994
1,037

2,368
1,185

2,577
1,144

2,822
1,109

3,055
1,225

1,732

1,588
966

1,862
1,127

1,631
949

1,701
1,023

1,798

1,944

873
108

891
81

1,169

1,434

1,660

1,860

342

533

886

822
335

620
112

732
94

690
59

666
66

800
112

1,063

109

3.00
6.72

2.95
8.23

3.09
8.25

3.28
8.95

3.59
9.00

4.11
9.81

4.35
10.80

4.50
10.25

4.34
9.97

4.62
9.66

4.81
10.75

4.56
10. 97

(0

10.38

927

990

889

183

1,727

1,503

1,170

856

781

704

641

784

889

811

1,798

2,022

2,088

7,061
111, 940

7,595
107,937

7,947
116,274

7,373
112,585

6,353
98,653

4,644
88,018

2,738
79,035

964

159

13

807

3,039
69,172

5,681
93,971

69,546

59,722

46,367

45,848

22, 740

18,615

18,646

16,765

21,783

28,332

62,486

56,321

21,433

15,654

15,098

15,122

18,979

42,918

47,051

41,262

34,911

39,720

53,156

86,098

107,389

103,833

85,792

69,494

49,324

41,871

Cocoa:
7,174
12,332
21,593
Imports#
... . . .
long tons
18,229
12,587
19,388
19,005
24,357
28,549
30,508 32,601
31 206
9,696
.0470
.0501
.0501
.0517
.0617
.0510
.0501
.0550
.0517
.0535
Price, spot, Accra, N. Y
dol. perlb..
.0536
.0533
.0558
Shipments, Gold Coast and Nigeria
14,331
59,819
17,025
11,063
12,796
17,399 14,696
40,114
10,820
23,345
39,786
54,930
61,247
long tons..
a
Revised.
A Government slaughter not included, for months June 1934-February 1935 see p. 44 of the June 1935 issue.
;
# See footnote on p. 37 of this issue. Data revised for 1933, see p. 20 of the October 1934 issue, for 1934 revisions see p. 20 of the December 1935 issue.
t For revisions of exports for 1932, see p. 40 of the June 1933 issue. For revised data for 1933 on all export data, see p. 20 of the September 1934 issue, for 1934 see p.
19 of the December 1935 issue.
• New series. See p. 18 of January 1934 issue.
• Included animals purchased for Federal Relief Corporation for the months of October 1934-February 1935 inclusive,
i No quotation.




40
Monthly statistics through December 1931,
together with explanatory footnotes and referencestothe sources of the data, may be found
in the 1932 Annual Supplement to the Survey

SURVEY OF CURRENT BUSINESS
1936

August 1936

1935

June

June

July

1936

August Septem- October Novem- December
ber
ber

January

February

March

1,360
854
1,575
.068
1,496

1,201

1,094
549

1,150
511

1,450
.065
1,444

1,138
.063
1,027

879
.066
1,009

8,128
995

8,108

April

May

FOODSTUFFS AND TOBACCO—Continued
TROPICAL PRODUCTS—Continued
Coffee:
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
dol. per l b . .
Receipts at ports, Brazil _ —thous. of bags..
Stocks, world total, inch, interior of Brazil
thous. of bags..
Visible supply, total excl. interior of
Brazil....
thous. of bagsUnited States
thous. of bags—
Sugar:
Raw sugar:
Cuba:
Stocks, total, end of month
thous. of long tons..
United States:
Meltings, 8 portst---——long tons..
Price, wholesale, 96° centrifugal, New
York
dol. per lb._
Receipts:
From Hawaii and Puerto Rico
long tons..
Importsf#
long tons..
Stocks at refineries, end of mo.f
long tons..
Refined sugar:
Exports, including maplef
long tons..
Price, retail, gran., N. Y
dol. per l b Price, wholesale, gran., N. Y.dol. per l b Receipts:
From Hawaii and Puerto Rico*
long tons..
Imports:
Cuba* A
long tons..
Philippine Islands*
long tons..
Shipments, 2 portst—long tons—
Stocks, end of month, 2 portsf.long tons—
Tea:
Imports!
thous. of lb—
Price, wholesale, Formosa, fine, N. Y.
dol. per lb—
MISCELLANEOUS PRODUCTS
Candy sales by manufacturers-thous. of dol—
Fish:
Landings, fresh fish, principal ports
thous. of l b . .
Salmon, canned, sLlpments
cases..
Stocks, total, cold storage, 15th of month
thous. of lb—
TOBACCO
Leaf:
Exportsf
thous. of lb—
Imports, unmanufactured??—thous. of lb—
Production, crop estimate
thous. of lb—
Stocks, total, including Imported types
(quarterly)
.mills, of lb—
Flue-cured, fire*cured, and air-cured
mills, of l b . .
Cigar types.
mills, of lb—
Manufactured products:
Consumption (tax-paid withdrawals):
Small cigarettes
millionsLarge cigars
thousandsManufactured tobacco and snuff
thous. of lb—
Exports, cigarettes
thousands..
Prices, wholesale:
Cigarettes
dol. per 1,000..
Cigars
dol. per 1,000—

437

1,316
734

1,308
728

1,298
637

940
.070
947

971
.069
1,440

1,114
.066
1,343

1,651
879

1,420
779

1,474
824

1,563
954

.064
1,379

1,466
. 887
1,130
.066
1,431

1,237
.068
1,651

1,086
.066
1,472

1,299
.065
1,539

1,248
.066
1.409

28,738

29,548

22,930

23,204

24,716

27,204

27,765

8,111
1,015

7,540
672

7,670
799

7,749
790

7,653

7,794
941

1,993

1,589

1,158

406,144

323,013

414,436

.037

.033

.033

158,756
305,937

163,091
210,218

402,960
3,545
.054
.049

0)

7,844
817

(0

(9

7,832
832

7,846
1,010

30,650
8,116
1,056

0)

1,076

979

912

775

755

1,108

1,991

2,092

1,886

331,240 301,969

313,903

240,378

241,580

321,986

331,296

419,096

460,316

326,152

.033

.035

.036

.035

.031

.033

.034

,036

.038

.037

117,378
326,736

120,832
511,025

116,556
117,163

73,641
82,044

54,844

67,731
38,864

90,223
246.005

144,017
315,164

197,386
279,852

176,391
325,379

171,070
274,287

504,813

536,236

571,925

512,518

370,639

310,543

211,023

178,176

228,493

240,659

301,105

401,669

5,681
.053
.052

6,496
.055
.051

12,450
.055
.050

.056
.051

14,485
.056
.052

10,308
.057
.052

4,375
.056
.052

4,867
.053
.052

1,895
.053
.052

4,391
.053
.048

3,710
.053
.049

3,981
.053
.049

16,445

16,260

12,099

6,472

6,381

1,534

1,402

225

5,506

15,021

14,213

17,924

15*919

37,503
2,661

10,361
6,857
50,368
14,603

27,842
6,555
58,606
13,346

101,105
0
50,451
13,742

7,666
0
46,853
9,754

8
0
40,943
9,951

2,298
0
34,026
15,842

30,636
9,352

26,987
Q
57,640
13,340

28,707
2,902
58,820
13,203

42,877
9,371
65,722
11,080

37,988
14,501
43,725
19,816

41,628
4,602

5,172

5,499

5,830

6,521

8,457

7,867

8,378

6,067

5,915

8,159

6,776

5,449

.275

.275

.275

.275

.275

.275

.275

.275

.275

.275

.275

.275

.275

20,638

14,434

11,191

16,910

27,886

26,187

27,030

26,170

22,584

23,192

22,123

21,399

17,703

45,563 * 36,748 42,811
368,097 407,363

41,769
732,630

38,445
950,789

42,793
462,745

471,448

26,437
359,188

20,120
490,638

20,016
436,976

39,029
494,790

*
64,031 < 45,129

31,292

26,054

34,141

13,877
4,553

24,235
5,883

18,485
4,120

12,025
419,369

46,241
20,477
5,815
1,113,764

1

35,937

48,157

59,443

66,527

70,079

12,452
6,623

14,782
5,250

22,644
6,086

52,671
4,943

60,488
8,470

74,845
67,793
4,843

42,060
3,781
()
/
1,296,810

41,929
8,430

35,137
5,726

2,163

2,200

2,373

2,416

1,701
374

1,772
348

1,949
344

42,560 43,355
273,242 514,664

1,945
374

14,009
452,312

12,120
402,272

13,138
432,159

11,975
422,282

10,774

29,474
366,128

27,879
308,500

29,066
304,549

30,212
307,484

5.380
45.996

5.380
46.041

5.380
46.005

5.380
45.996

12,711
524,399

10,801
457,299

9,841
312,974

12,725
336,579

10,766
356,624

11,193
377,167

411,606

28,984
297,240

31,916
324,298

26,687

23,096
337,227

29,490
385,525

27,919
320,394

30,315
351,679

29,254
428,572

28,100

5.380
45.996

5.380
45.996

5.380
45.996

5.380
45.996

5.L_.
45.996

5.380
45.996

5.380
45.996

5.380
45.996

5.380
45.996

FUELS AND BYPRODUCTS
COAL
Anthracite:
89
162
88
120
87
188
100
156
118
141
Exports
thous. of long tons—
101
80
189
Prices:
Retail, composite, chestnut^
12.07
11.86
12.83
11.63
12.96
dol. per short ton..
12.95
Wholesale, composite, chestnutt
9.245
9.436
9.657
9.969 10.065 10.045
9.052
9.981
10.015
9.327
10.001
dol. per short ton..
9.707
9.283
2,591
3,536
4,172
4,279
3,160
6,461
5,642
4,620
5,203
3,958
2,730
Production!..
thous. of short tons,.
4,336
4,577
2,393
3,587
3,681
3,032
5,934
2,868
4,116
4,879
4,865
3,516
2,429
Shipmentst
thous. of short tons—
4,217
4,274
l
° Revised.
Data not available.
• July 1 estimate.
/ Dec. 1 estimate.
fRevised series. For revisions refer to the indicated pages of the monthly issues, as follows: Exports of tobacco for 1932, p. 42, June 1933, data revised for 1933, see
p. 20 of the September 1934 issue. For 1934 revisions see p. 19 of the December 1935 issue. 1932finalrevision of anthracite production, p. 42, January 1934. Anthracite
shipments for 1932, p. 42, December 1933. For revised data for 1932 on sugar meltings and stocks, see p. 41 of the May 1933 issue. For 1932 revisions of sugar imports and
exports see p. 41 of the June 1933 issue. For revisions of exports in 1933, see p. 20 of the September 1934 issue. Revised data on shipments and stocks of refined sugar at
2 ports (for period January 1925-April 1935) are shown on p. 18 of the October 1935 issue. The change resulted from a reduction in the number of reporting refineries.
#See footnote on p. 37 of this issue. Data revised for 1933, see p. 20 of the October 1934 issue. For 1934 revisions, see p. 20 of the December 1935 issue.
•
t Price converted to short-ton basis. Data on a short-ton basis prior to April 1931 were not published. Earlier monthly data were reported on a long-ton basis.
-•'Note major correction in data on imports of refined sugar from Cuba, June-November 1934, were shown in the February 1935 issue.
•New series. For earlier data, see p. 20 of the August 1934 issue, for receipts of refined sugar from Hawaii and Puerto Rico and imports from Cuba. Data prior to
May 1934 on imports of refined sugar from the Philippine Islands are not available.
IMonthly retail price of coal was discontinued with the month of August 1935. Subsequent to that month the price is shown quarterly.




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

41

SURVEY OF CURRENT BUSINESS

August 1936

1935

1936
June

June

July

1936

August Septem- October Novem- Decem- January Febru- March
ary
ber
ber
ber

April

May

FUELS AND BYPRODUCTS—Continued
COAL—Continued
Anthracite—Continued.
Stocks in storage: A.
1,462
2,239
528
Total
__thous. of short tons- 1,240
970
1,758
1,217
853
458
Stocks, in yards of dealers, end of month
54
38
19
no. of days' supply..
72
77
44
23
59
31
Bituminous:
Consumption:
5,133
4,764
4,862
3,765
3,860
4,539
5,542
4,990
Coke plants
__.thous. of short tons.. 5,469
Electric power plantsf
2,803
3,022 «2,859 « 2,954
3,309
3,365
3,437
3,453
thous. of short tons.
4,329
4,535
5,449
3,307
4,575
6,078
Railroads
thous. of short tons.
101
144
161
161
87
116
122
96
Vessels, bunker
thous. of long tons..
156
955
1,103
321
462
Exports
..thous..of long tons..
914
983
789
323
Price, retail composite, 38 citiesi
1,080
8.05
8.57
dol. per short ton
8.41
8.12
8.58
Prices, wholesale:
8.12
4.234
4.347
4.336
4.337
4.359
4.303
Composite, mine run.dol. per short ton.. 4,289
4.324
4.252
4.320
Prepared sizes (composite)
4.233
4.294
4.314
4.340
4.451
4.612
4.302
4.508
4.683
4.528
dol. per short ton- 4.303
4.547
4.281
22,339
37,768 33,404 35,388 39,330 41,375 31,233
30,318
28,541
Production t
_.thous. of short tons.. 29.300 30,117
26,164
Stocks, consumers, and retail dealers, end
of month
.
thous. of short tons.. 28,753 41,127 40,772 40,378 40,904 39,553 39,911 37,017 33,052 29,542 28,083 26,596 '• 28,073
COKE
20
70
62
54
58
32
44
54
43
Exports
..thous. of long tons...
34
24
62
Price, furnace, Connellsville
3.58
3.58
3.37
3.33
3.64
3.66
3.61
3.58
3.58
3.58
3.58
3.54
dol. per short ton..
Production:
a
88
93
« 45
55
56
«100
M19
153
84
142
109
Beehivet
.thous. of short tons..
Byproductf
thous. of short tons.. 3,695 a 2, 595 • 2, 562 * 2,774 « 2,832 a 3,048 «3,112 *3,363
3,466
3,753
3,141
3,309
3,257
131
119
135
Petroleum..
thous. of short tons..
140
109
113
123
108
106
108
120
105
Stocks, end of month:
1,586
1,444
1,274
2,787
2,975
3,026
2,995
3,192
1,695
S.130
2,110
2,780
Byproduct plants
thous. of short tons.. 1,702
441
367
334
424
382
408
360
458
454
427
360
Petroleum, refinery.-thous. of short tons..
PETBOLEUM AND PRODUCTS
Crude petroleum:
84, 545
81,724
84,584
84,903
90,637
83,347 85,132 83,180 84,992 85,776 81,523
Consumption (run to stills)-thous. of bbl_.
2,864
2,937
2,815
2,758
2,183
3,000
2,661
2,128
3,161
2,256
3,110
2,870
Imports!.
thous. of bbl._ 2,872
1.040
.940
1.040
.940
.940
1.040
.940
1.015
1.040
.940
.940
.940
Price, Kansas-Oklahoma
dol. per bbL. 1.040
90,479
82,338
84,109 88,160 86,476 88,711 88,820 82,120 90,568
85,485
84,816
93,739
Productionf§.
thous. of bbL.
76
73
76
74
73
74
74
79
74
75
Refinery operations
pet. of capacity..
73
Stocks, end of month:
California:
Heavy crude and fuel oil§
57,894
63, 729
58,243 58,518 59,388 60,075 61,227
63,536
63,341
58,498
thous. of bbl..
63,792
35,591
33, 494 34,981
39,338
37,646
32, 662
38,944 40,640 40,275 39,856
38,878
Light crude!
thous. of bbl..
294,314 289,703 284,471 278,643 274,568 270,906 268,781 265,195 263,436 266,092 268,560
East of California, totalf§.thous. of bbl..
57,584
56,055 53,710 51,751 50,495 * 49,089 48,789 47,686
51, 741 53,053
56,081
53,989
Refineriest§
thous. of bbL.
Tank farms and pipe linesfl
236,730 233,622 228,416 224,933 222,817 220,411 6219,692 216,406 215,750 214,351 215, 507 214, 661
thous of bbl—
1,243
1,199
1,369
1,149
995
1,287
1,340
1,286
1,403
Wells completedtSnumber..
1,318
Refined products:
Gas and fuel oils:
Consumption:
1,102
1,132
1,044
1,166
1,093
1,124
Electric power plantsf—thous. of bbL. 1,158
856
975
1,016
"995
»1,015
3,300
3,898
3,682
3,241
3,366
3,773
3,795
3,381
3,827
Railroads
...thous. of bbl..
2,740
2,496
2,666
2,329
2,762
2,560
2,690
2,400
Vessels, bunker
thous. of bbl.. ~3,~i58
2,643
2,590
3,184
3,005
Price, fuel oil, Oklahoma, 24-26 refineries
.700
.785
.775
.765
.740
.713
.800
.750
.725
dol. per bbL.
.800
.756
.800
.800
Production:
20,267
20,210
21,232 21,495 22,652 23,278
25,005 24,573 23,751
Residual fuel oil*f§
thous. of bbl..
23,062
23,667
23,925
Gas, oil and distillate fuels*t§
9,068
8,129
9,885 10,587 11,125
8,205
8,709
8,885
thous. of bbl..
9,553
10,262
10,169
Stocks:
Residual fuel oil, east of California*!!
26,265 25,509
26,909
17,529
25,548
27,179
27,351
18,293
22,827 20,281 18,027
thous. of bbl. .
Gas, oil and distillate fuels, total*!
20,232
22,915
23,263 19,930 17,418 15,322
23,860 24,272 24,299
19,910
15,746
thous. of bbl..
17,031
Gasoline:
38,825
37,884
41,203
42,836 37,862 41,401 35,956
42,007
33,734 32, 553 27,216
35,871
Consumptionf§
thous. of bbl..
2,760
2,195
1,404
2,140
2,729
1, 435
2,759
2,453
2,946
2,678
2,368
2,308
Exports*
thous. of bbl.. 1,755
Exports, value. (See Foreign trade.)
Price, wholesale:
.165
.173
.173
.165
.165
.165
.166
.173
.173
.166
.154
Drums, delivered* N. Y..dol. per gaL. 0.165
.163
.060
.061
.056
.056
.056
.060
.056
.056
.060
.056
.056
.060
Refinery, Oklahoma
dol. per gal.. 0.060
Price, retail, service station, 50 cities
.143
.135
140
.141
.142
.137
.142
.139
.138
.134
.137
.143
dol. per gal_.
.143
Production:
3,265
3,134
3,574
3,132
3,064
3,202
3,196
3,598
3,654
3,378
3,275
3,653
At natural gas plantsf§-thous. of bbL.
39,902
38, 764
40,488 39,817 41,956 40,260 40,667 39,544 37,176
41,951
38,180
40,667
At refineriest!
thous. of bbL.
Retail distribution (41 States) f
1,148
1,204
1,243
1,258
833
° 1,091
1,145
1,174
1,236
1,007
973
1,093
mills, of gal..
Stocks, end of month:
2,641
2,442
1,833
2,946
2,172
2,745
2,975
2,760
1,945
3,027
1,743
At natural gas plants&...thous. of bbL.
1,645
44,361
42,527
31,328 36,158 44,612
At refineriesf§
thous. of bbl..
32,499
30,550
26,549 27,166 27,280 28,043
45,799
« Revised.
b
Figures revised to reflect transfers between pipe line and refinery stocks beginning December 1935.
f Revised series. For revisions refer to the indicated pages of the monthly issues, as follows: Consumption of bituminous coal by electric power plants for 1932, p. 42.
May 1933; for 1933, p. 42, May 1934. Data also revised for 1934 and 1935. Revisions not shown on p. 43 of the June 1935 issue and p. 46 of the May 1936 issue will appear
in a subsequent issue. Bituminous coal production for 1932, p. 42, January 1934. Bituminous coal production revised for 1933 and 1934. Revisions not shown in the >
and for 1933 revisions see p. 43, July 1934. Data for 1934 and 1935 also revised; revisions not shown in the July 1935 and in this issue will appear in a subsequent issue. Crude
petroleum production, stocks, east of California (total), at refineries and at tank farms and pipe lines, and wells completed, for 1932. See footnote on p. 56, November 1933.
Consumption of gas and fuel oils in electric power plants for 1932, p. 43, May 1933; for 1933 revisions, p. 43, May 1934. Data also revised for 1934. Revisions for months not
shown for 1934 on p. 44 of the June 1935 issue will appear in a subsequent issue. Data revised for 1935; see p. 46 of the May 1936 issue. Production of residual fuel oils and
gas oil and distillate fuels stocks of residual fuel oil east of California, consumption of gasoline, production of gasoline at natural-gas plants and refineries,stocks of gasoline at
refineries for 1932, p. 56, November 1933; retail distribution of gasoline in 41 States for 1932, p. 43, May 1933; for 1933, p. 43, May 1934.
# See footnote on p. 37 of this issue. Imports also revised for 1933, see p. 20 of the October 1934 issue; for 1934 revisions see p 20 of the December 1935 issue.
§ Data revised for 1933. See p. 20 of the January 1935 issue. For 1934 see p. 20 of the October 1935 issue.
• Data revised for 1933, see p. 20 of the September 1934 issue; for 1934 revisions see p. 19 oi the December 1935 issue.
* New series. For earlier data see p. 20 of the February 1933 issue, production and stocks of residual fuel oil and gas oil and distillate fuels.
1 Monthly retail price of coal was discontinued with the month of August 1935. Subsequent to that month the price will be shown quarterly.
• Beginning with August 1934 certain anthracite stocks were included which had not been covered in previous reports




42
Monthly statistics through December 1981,
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
1936
June

August 1936

1935
June

July

1936

August Septem- October Novem- December
ber
ber

January

February

March

April

May

FUELS AND BYPRODUCTS—Continued
FETROLEUM AND PBODUCTSContinued
Refined products—Continued.
Kerosene:
Consumption!!
thous. of bbl.
Exports
thous. of bbl.
Price, 150° water white, refinery, Pa.
dol. per gal.
Production!
thous. of bbl_
Stocks, end of month§
thous. of bbL
Lubricating oil:
Consumption!!
thous. of bbl.
Price, cylinder oil, refinery, Pa.
dol. per gaL
Production!thous.'of bbl.
Stocks, refinery, end of month§
thous. of bbl.
Other products:
Asphalt:
Imports#__
..thous. of short tons.
Production!!
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 mo§
thous. of lb_

2, 768
614

.154

3,631
519

3,892
750

4,520
370

4,724
585

5,081
497

473

4,785
455

435

3,914
512

4,035
380

.050
4,417
8,310

.050
4,212
9,169

.048
4,390
9,398

049
4,498
9,238

.049
4,978
9,318

.049
4,878
8,879

.050
4,624
7,915

.051
4,761
6,599

.055
4,445
5,784

.055
4,741
5,974

.056
4,953
6,496

.056
4,626
6,681

1,558

.055

2,885
456

1,655

1,667

1,697

1,820

1,576

1,433

1,396

1,520

1,863

2,197

2,028

.120
2,247

.120
2,213

.120
2,399

.120
2,357

.120
2,463

.120
2,453

.120
2,484

.120
2, 309

.126
2,204

.135
2,515

.139
2,687

.149
2,768

6,855

6,517

6,649

6,607

6,612

6,857

7,025

7,127

7,385

7,137

7,044

6,884

2
350

2
352

2
380

7
343

6
351

12
248

3
203

1
198

1
179

1
261

1
319

4
377

435

405

363

354

341

377

405

461

463

526

520

542

31,360

32,480

35,000

36,400

39,200

41,720

40,320

44,800

36,120

42, 280

39,480

40,320

141,506

138,941

136, 646

131,560

124,557

120, 398

114,675

118,636

118,312

119, 684

121,857

121,416

LEATHER AND PRODUCTS

I
HIDES AND SKINS
Imports, total hides and skinst#-thous- of lb._ 27,690 25,107 33,178 28,357 25,056 27,786 25,373 27,152 28. 264 26, 255
28,116
25, 216
2,291
2,035
1,931
2,236
2,390
1,960
2,164
2,942
1,354
2,225
1,215
Calf and kip skins
thous. of lb._ 1,434
2,336
Cattle hides
...
thous. of lb_. 13,145 10,203 16,329 11,907 11,712 12,670 11, 631 11,153 12,768 13,498 13,063 12, 613 10, 296
6,492
7,950
6,042
8,211
5,574
7,277
8, 506
6,133
5,573
6,299
7, 911
Goatskins
thous. of lb._ 5,690
8,292
3,872
3, 576
3,499
4,470
3,348
4,668
3,146
5,827
2,685
Sheep and lamb skins
thous. of lb_. 5,989
2,549
Livestock, inspected slaughter:
481
464
472
439
480
531
517
465
405
458
483
525
503
CalvesA
thous. of animals..
892
669
956
875
853
9ti
'f
742
745
886
1,083
783
812
786
CattleA
thous. of animals..
2,874
2,422
1,828
3,428
1,668
1,712
1,453
2,135
2,319
2,617
2, 559
2,579
Hogs
.thous. of animals.. 2,759
1,369
1,421
1,540
1,407
1,665
1,549
1,314
1,546
1,765
1,374
1,267
1,213
SheepA
thous. of animals.. 1,309
Prices, wholesale:
Packers, heavy native steers, Chicago
.148
.132
.124
.150
.157
.130
.143
.154
.125
.130
. 146
.130
dol. per lb__
.123
Calfskins, packer's 8 to 15 lbs., Chicago
.175
.156
.146
.138
.158
.176
. 177
.191
.181
.181
.180
.188
.171
dol. per lb-.
Exports:
FATHER
226
242
333
382
443
430
510
146
210
110
310
410
368
Sole leather
—thous. of lb._
5,121
5,522
5,798
3,603
8,563
4,595
5,044
5, 234
5,107
5,566
TJpper leatherf*
-thous. of sq. ft— 4,180
8,571
5,284
Production:
1,092
1,321
1,051
1,399
1,227
I, 316
1,253
1,195
1,002
1,046
977
Calf and kip*
thous. of skins. .
1,924
1,829
1,659
1,722
1,723
1,957
2,062
1,943 * 1,856 » 1,908 « 1,844
1,694
Cattle hides*!
thous. of hides..
4,393
3,587
4,091
4,061
3,993
4,126
4, 562
4,168
3,757
3,786
4,018
3,990
Goat andkid*$
-thous. of skins..
3,153
2,802
3,474
3,039
3,061
4,111
3,135
2,824
3,125
« 2,925
2,897
Sheep and lamb*!J
thous. of skins..
Prices, wholesale:
Sole, oak, scoured backs (Boston)
.34
.39
.39
.35
.39
.33
.37
.35
.35
.37
dol. perlb—
.36
Upper, composite, chrome, calf, black,
.354
.382
.386
.361
.362
.382
.380
.373
.378
.378
"B" grade
dol. persq. ft_.
.380
Stocks of cattle hides and leathers (all kinds)
end of month:
17,844
18,044
18,077 17, 735 17,789
17, 764 17,851
18,008
17,786
17, 797 • 17,845 17,905
Total*1
thous. of equiv. hides..
In process and finished*
11,330
11,402
11,487
11,273
11,377 11,188
11,381
11, 576
11,568
11,655 '11,734
11,857
thous. of equiv. hides. _
6,578
6,557
6,463
6,434
6,606
6, 700
6,547
6,213
6,218
6,142
Raw*?
thous. of equiv. hides..
• 6, 111 6,048
LEATHER MANUFACTURES
Gloves and mittens:
Production (cut), total*
dozen pairs.. 1203,389 194,270 194,951 271,909 255, 792 286,857 253,795 163,467 147,776 i 183,485 i 205,081 1203,126 1201,375
Dress and semidress*
dozen pairs.. 1126,406 114,037 108,360 147,926 142,230 178,372 168,487 94,725 182,884 1109,573 1117,791 1117,320 1121,661
Work*..
_.
dozen pairs. 176,844 80,233 86,591 123,983 113, 562 108,485 85,308 68,742 164,892 i 73,912 1 87, 290 ' 85,806 i 79,714
Shoes:
69
82
73
68
101
106
Exports..
thous. of pairs112
65
43
97
188
104
106
Prices, wholesale:
Men's black calf blucher,
5.50
factory
dol. per pair..
5.50
5.50
5.50
5.50
5.50
5.50
5.50
5.50
5.50
5.50
5.50
5.50
Men's black calf oxford,
4.21
factory..
dol. per pair..
4.25
4.25
4.35
4.31
4.44
4.15
4.50
4.50
4.50
4.50
4.50
4.50
Women's colored blucher,
factory
dol. per pair..
3.00
3.04
3,10
3.10
3.10
3.10
3.13
3.15
3.15
3.15
3.15
3.15
3.15
° Revised.
i Data for 234 manufacturers not available for these months. Figures shown are computed by means of the month-to-month percentage change indicated by the current
Census Bureau report for 228 identical concerns.
1 Raw stocks in all hands as shown above include all hides from Government animals slaughtered under Federal inspection. Hides from cattle allotted to State relief
agencies and which were not killed under Federal inspection are not included unless they have already moved into sight. It is obvious, therefore, that a quantity of hides
from noninspected slaughter held by State Relief Agencies constitutes an invisible addition to the visible supplies shown above.
t Data on production of sheep and lamb and goat and kid leathers from 1927-34 have been revised. For revisions not shown on p. 44 of the April 1935 issue see D 19
of the June 1935 issue.
•
*
.
*•
•* Government relief slaughter included for the period June 1934-February 1935. See p. 44 of the June 1935 issue for thefigures,excluding relief slaughter. For sheep
and lambs, relief slaughter only affected the data for the months of September to December 1934.
§ Data revised for 1933. See p. 20 of the January 1935 issue. For 1934 see p. 20 of the October 1935 issue.
# See footnote on p. 37 of this issue. Imports revised for 1933, see p. 20 of the October 1934 issue, for 1934 revisions see p. 20 of the December 1935 issue.
• New series: For earlier data refer to the indicated pages of the monthly issues. Leather production, p. 19, June 1933; leather stocks, p. 19, January 1935 New series
on gloves and mittens cover 234 identical manufactures as reported to the U. S. Department of Commerce, Bureau of the Census. Data prior to July 1934 are not available. These data are not comparable with data through January 1934 previously shown. New series on wholesale price of women's shoes began January 1934. Data not
shown above will appear in a subsequent issue.
t Revised series. For earlier data refer to the indicated pages of the monthly issues. Production of cattle, sheep, and lamb leather for 1932 and 1933, p 44, April 1934
Production of cattle hides revised for 1935, p. 47 of the April 1936 issue. Imports of total hides and skins for 1932, exports of upper leather for 1932, p. 43, June 1933. Production of asphalt for 1932 and consumption of kerosene and lubricating oil, for 1932, see p. 56 of the November 1933 issue.
• Data revised for 1933. See p. 20 of the September 1394 issue; for 1934 revisions see p. 19 of the December 1935 issue.



SURVEY OF CURRENT BUSINESS

August 1936
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

1936
June

1936

1935

June

July

August Septem- October Novem- Decem- January Februber
ber
ber
ary

March

April

May

LEATHER AND PRODUCTS—Continued
LEATHER MANUFACTURES—Cont.
Shoes—C ontinued.
Production, totalt
thous. of pairs..
Men'sf
thous. of pairsBoys' and youths'!
thous. of pairs..
Women'sf
-.thous. of pairs..
Misses' and children'st—thous. of pairs~
Slippers, all typesf
thous. of pairsAil other footweart
-thous. of pairs-

27,234
7,819
1,569
8,857
2,794
2,717
3,477

28,719
7,528
1,302
10,362
2,304
3,643
3,582

32,274
7,926
1,726
13,281
2,956
3,291
3,093

37,243
9,132
1,702
15,925
3,361
4,088
3,035

33,909
8,391
1,502
13,275
2,998
4,857
2,887

35,948
9,918
1,721
11,813
3,186
6,124
3,185

27,715
8,161
1,330
7,034
2,673
5,570
2,947

28,949
8,440
1,354
9,794
2,869
3,277
3,214

32,420
9,043
1,267
13,436
3, 292
1, 633
3,749

32,142
8,313
1,130
13,843
3,007
2,140
3,709

34,159
8,223
1,264
14,441
3,237
2,726
4,268

32,688
8,027
1,221
13,042
3,154
2,904
4,339

« 29,807
° 7,219
1,031
M l , 906
* 2,476
« 3,139
° 4,036

LUMBER AND MANUFACTURES
LUMBEE—ALL TYPES
Exports (boards, planks, and scantlings)* •
M ft. b. m_.
National Lumber Mfgrs. Assn.:± 1
Production, total
*
mill. ft. b. m..
Hardwoods^
mill. ft. b. m_.
Softwoods
mill. ft. b. m_.
Shipments, total
mill. ft. b. m_.
Hardwoods
.mill. ft. b. m_.
Softwoods
mill. ft. b. m_.
Stocks, gross, end of month total:
mill. ft. b. m_.
Hardwoods.—
- mill. ft. b. m..
Softwoods
-.mill. 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.
1
Flooring

83,255

59,893

73, 012

81,752

77,810

83,258

89, 265

83,150

66,073

90,328

•96,053

89,904

1,896
273
1,623
1,846
257
1,589

1,359
285
1, 074
1,415
290
1,125

1,636
278
1,358
1,614
288
1,326

1,808
289
1,517
1,761
280
1,481

1,750
293
1,457
1,643
259
1,384

1,971
302
1,669
1,782
270
1,512

1,620
273
1,347
1,489
262
1,227

1,422
207
1,215
1,331
220
1,111

1,490
229
1,261
1,569
238
1,331

1,353
215
1,138
1,467
238
1,229

1,587
244
1,343
1,688
281
1,407

1,865
253
1,613
1,932
267
1,665

1,891
253
1, 638
1,821
259
1,562

7,060
1,845
5,215

2,030
4,833

6,875
2,010
4,865

6,891
1,990
4,901

6,967
1,993
4,974

7,121
1,943
5,178

7,235
1,935
5,300

7,273
1,915
5,358

7,203
1,905
5,298

7,103
1,882
5,221

1,843
5,155

6,933
1,836
5,097

7,013
1,832
5,181

10, 831
67,104

10, 636
67,160

11,567
69,817

9,787
69,793

14,125
64,942

8,676
63,137

4,594
61,365

3,677
70,834

2,374
77,713

4,329
81,490

7,210
81,851

• 10,227
•79,392

2,701
26,991

3,741
27,569

3,257
27, 773

2,882
27,902

3,354
28,164

3,061
27,708

2,415
28,637

2,884
29, 794

2,168
32,069

3,752
32, 396

4,191
32,143

3,627
32,426

13,150
72, 456
3,437
32,459

61,883

1

Maple, beech, and birch:
Orders:
5,706
4,634
6,980
4,514
4,311
4,278
5,768
10,138
3,917
4,391
New .
M ft, b. m_
3,493
6,045
9,368
11,303
5,388
4,763
4,683
5,498
6,444
16,456
4,989
15, 012
Unfilled, end of month
M ft. b. m.
13,159
4,347
4,200
4,263
4,123
5,109
4, 315
5,584
4,279
4,462
4,276
5,439
Production.—
M ft. b. m.
4,437
4,692
5,114
3,879
3,936
4,609
5,037
3,997
5,324
4,035
4,891
5,457
Shipments
M ft. b. m.
5,528
21,043
20,295
21,209
21,023
21,077
18,214
21,878
20,645
19,638
20,033
Stocks, end of month
M ft. b. m._
20,497
18,717
Oak:
Orders:
NewM ft. b. m. 30,576 18,622 15,466 16, 456 19,459 24,383 25,125 25,064 30.204 40,675 19,381 19, 211 23,622
Unfilled, end of month...—M ft. b. m. 27,523 15,304 12,423 11,004 13,065 14,347 19,925 25,492 35, 301 52,892 43,793 33,521 28,564
Production
M ft. b. m. 32,031 18,108 20,606 17,642 19,467 21,642 20,823 24,203 22,783 21,831 27,607 30,761 30,273
Shipments
M ft. b. m. 31,617 17,732 18,374 17,864 17,402 23,475 19,547 19,497 20,395 23,081 28,479 29,483 28,579
Stocks, end of month
M ft. b. m_ 62,069 50,639 52,644 52,408 54,475 52,843 54,119 58,825 61,365 60,115 58,683 59,961 61,655
Softwoods
Fir, Douglas:
Exports:!
4,862
24,199
2,517
26.952
20,227
15,568
26,139
19, 542 23,498
22,677
40,462
28,714
Lumber^
-M ft. b. m__ 27,331
8,615
21,931
23,456
577
20,834
36,486
14,548
17,577
19,455
12,985
23,371
14,612
Timber.
M ft. b. m. 18,312
Orders:
Newc?_
- M ft. b. m
Unfilled, end of months
M ft. b. m
Price, wholesale:
16.00
16.00
16.00
0)
0)
0)
0)
(0
0)
0)
No. 1 common H dol. per M ft. b. m._ <?)•
Flooring, 1 x 4, B" and better v. g.*
43.50
43.00
43.00
46.00
45.00
43.33
46.00
45.00
45.00
dol. per M ft. b. m..
Production^
—M ft. b. m.
1
Shipments^
M ft. b. m.
Pine, northern:
9,942
9, 239
8,220
Orders, new
M ft. b. m._ 11,570 13,355 10,898 10, 260
7,722
11,462
7,350
9,800
9,912
9,616
23, 213
1,803
10,169
22,178
265
779
16,398
392
22, 774
12,392
Production
M ft. b. m
528
3, 697
16,892
12,505
9,322
11,283
13,489
12,103
10,119
6, 535
8,219
Shipments
— .
M ft. b. m
8,215
11,211
9,463
10, 956
11,364
Pine, southern:
Exports:
22,826
23,233
27,083
21,983
28,913
26,739
25,653
24,350
18,506
Lumber§__
-__.—M ft. b. m
28,913
22,893
21,487
8,324
10,492
7,072
8,022
6,302
3,516
5,713
8,330
10,261
Timber§—
M ft. b. m__ 6,358
6,384
7,506
6,890
Orders:
New.
_
M ft. b. m^ 141,349 116,592 127,556 139,608 120,979 143,695 128,825 124.184 150,424 125,758 165,856 162,250 155,822
Unfilled, end of month
M ft. b. m_. 67,772 53,683 62,093 73,227 61,029 69,962 68,010 90,889 77,275 72,930 95,191 87,175 80,354
37.43
37.65
36.67
35.75
36.80
36.61
36.61
37.01
36.74
Price' flooring dol. per M ft. b. m_. 37.37
36.78
37. 63
37. 40
Production..
M ft. b. m.. 145,342 109,805 130,515 137,442 125,132 148,566 134,190 125,928 141, 315 124, 541 148,226 155,187 158,529
Shipments
—M ft. b. m. 136,234 129,264 137,051 144,476 120,818 145,970 128,570 105,743 121,632 125,416 160,755 170,446 166,440
Redwood, California:t
Orders:
New..
__—._
M ft. b. m. 29,813 23,704 24,623 24,054 25,411 29,593 27,456 28, 514 29,579 34,054 * 32,979 * 41, 535 • 31,157
Unfilled
.—
M ft. b. m.. 39,251 40,142 33,721 25,622 24,819 26,290 27,446 31,097 35,818 44,489 '43,049 * 49,143 '44,213
Production
—— M ft. b. m.. 38,700 25,675 27,939 34,262 33,754 38,073 33,187 30,369 31,318 32,185 137,318 * 37, 584 ' 37,763
Shipments.
M ft. b. m_. 37,433 24,548 30,925 31,259 25,628 27,952 25,761 23,716 27,068 24,711 134,327 * 35, 562 '35,207
•Revised.
» Data temporarily discontinued.
* New series. For data on lumber exports for period of January 1919 to September 1932, see p. 20 of the November 1932 issue. See special footnote below on lumber
production, shipments, and stocks.
t Data revised for 1932, see p. 44 of the June 1933 issue, exports of Douglasfirlumber and timber. Boot and shoe production for 1934, p. 45, March 1935 issue, for 1935
revision see p. 48 of the March 1936 issue.
• Data revised for 1933. See p. 20 of the September 1934 issue; for 1934 revisions see p. 19 of the December 1935 issue.
A New series on lumber production, shipments, and stocks compiled by National Lumber Manufacturers' Association and represent an estimate of the total lumber
cut based on monthly reports received from regional associations covering between 80 and 90 percent of the total cut in 1934 and 70 to 80 percent in 1935. No comparable
figures are available prior to January 1934.
^ Series have been revised for period January 1934-Oetober 1935. These are shown on p. 20 of the February 1936 issue.
X Beginning with January 1934 the report includes all known operators; prior to that time approximately 89 percent of the listed capacity
§ Data revised for 1932. For revisions of exports of Southern pine lumber and timber, see p. 45 of the June 1933 issue. Data revised for 1933, see p. 20 of the September
1934 issue. For 1934 revisions see p. 19 of the December 1935 issue.
< New series covering these items will be shown in a subsequent issue
?




44

SUKVEY OF CUERENT BUSINESS

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

1936
June

August 1936

1935
June

July

1936

August Septem- October Novem- December
ber
ber

January

February

March

April

May

LUMBER AND MANUFACTURES—Continued
FURNITURE

Household:
All districts:
Plant operations*
percent of n o r m a l Grand Rapids district:
Orders:
Canceled
percent of new orders. .
New.
no. of days' production—
Unfilled, end of month
no. of days' production__
Outstanding accounts, end of month
no. of days' sales—
Plant operations!
percent of normal. .
Shipments
no. of days' production..
Prices, wholesale:
Beds
1926=100Dining-room chairs, set of 6 1926=100Kitchen cabinets
.1926=100—
Living-room davenports
1926=100__
Bteel furniture. (See Iron and Steel Section.)

65.0

48.0

49.0

53.0

61.0

62.0

61.0

59.0

60.0

58.0

58.0

59.0

59.0

5.0
12
17

7.5
6

5.0
13

4.0
15

6.0
14

8.0
15

13.6
8

10.0
13

6.0
9

18

19

16

16

12

3.0
19
18

9.0
12

9

3.6
18
18

16

13

11

5.0
18
18

21
58.0
11

14
40.0
8

16
44.0
13

19
48.0
11

21
55.0
12

24
56.0
14

24
58.0
13

21
67.0
11

22
57.0
12

22
57.0
12

24
57.0
13

22
54.0
11

20
56.0
11

67.5
84.0
83.5
87.5

68.5
89.9
86.0
76.6

66.9
89.9
86.0
76.6

65.7
89.9
86.0
76.6

66.3
89.9
86.0
76.6

66.3
89.9
86.0
76.6

66.3
89.9
86.0
78.0

66.3
89.9
86.0
78.0

67.5
84.0
83.5
87.5

67.5
84.0
83.5
87.5

67.5
84.0
83.5
87.5

67.5
84.0
83.5
87.5

67.5
84.0
83.5
87.5

314,950
59,391

METALS AND MANUFACTURES
IRON AND STEEL
Foreign trade, iron and steel:
Exports§
long tons.. 294,951
Imports*^
—
—long tons.. 59,910
Price, iron and steel, composite*
32.79
dol. per long t o n . .
Ore
Iron ore:
Consumption by furnaces
3,941
thous. of long tons..
170
Imports*
thous. of long t o n s Receipts:
Lake Erie ports and furnaces
4,692
thous. of long t o n s 1,931
Other ports
thous. of long tons..
Shipments from upper Lake ports
6,608
thous. of long t o n s Stocks, total, end of month
thous. of long tons— 23,107
At furnaces
thous. of long t o n s - 18,017
4,045
Lake Erie docks
thous. of long tons—
Manganese ore, imports (manganese con29
tent)*
thous. of long t o n s -

289,647
33,208

296,802
31,894

247,312
31,312

244,419
53,158

238,358
59,569

205,242
56,637

230,269
63,678

241,568
50,489

213,802
43,358

264,337
56,720

32.42

32.44

32.68

32.82

32.84

33.15

33.31

33.34

33.48

33.21

301,987
49,277
33.10

2,199
158

2,198
154

2,616
109

2,654
165

2,911
114

3,026
158

3,101
138

2,952
154

2,632
125

2,898
132

3,485
177

3,882
199

3,002
1,084

3,295
1,240

3,482
1,261

3,250
1,349

3,162
1,463

1,472
657

18
0

0
0

0
0

0
0

0
9

2,651
1,409

32.92

4,242

4,461

4,781

4,818

4,601

1,557

0

0

0

0

19

5,050

27,002
22,841
4,161

29,509
25,227
4,282

31,491
26,936
4,555

33,469
28,512
4,957

35,115
29,756
5,359

34,277
28,964
5,313

31,342
26,248
6,093

28,404
23,434
4,970

25,809
20,904
4,904

22,933
18,199
4,734

19,370
15,242
4,130

19,242
15,269
3,974

11

16

14

16

19

15

13

54

30

21

19

39

42,846
43, 766
53.9
46,849

25,668
27,548
33.5
31,905

25,526
28,915
34.3
31,111

36,602
35,245
42.5
27,772

35,668
36,996
44.7
33,442

45,246
43,467
61.0
40,132

47,778
44.277
53.1
41,434

42,673
46,598
55.0
43,042

43,852
48,198
57.1
43,386

38,278
40,611
49.9
39,384

48,008
45,536
55.9
46,823

47,933
50,954
62.6
51,840

44,136
45,027
55.3
48,854

85,405
145

49,180
91

50.63,

56,815
99

69,250
104

67,655
116

70,095
122

66,825
120

63,660
117

64,550
120

68,395
126

84,915
144

* 86,030
146

19.00
19.96

18.00
18.96

18.00
18.96

18.00
18.96

18.00
18.96

18.00
18.99

19.00
19.96

19.00
19.96

19.00
19.96

19.00
19.96

19.00
19.96

19.00
19.96

19.00
19.96

21.39
2,586

20.39
1,553

20.39
1,620

20.39
1,761

20.39
1,776

20.39
1,978

21.39
2,066

21.39
2,106

21.39
2,026

21.39
1,824

21.39
2,040

21.39
2,404

21.39
2,648

Iron, Crude and Semimanufactured
Castings, malleable:*
Orders, new.
short t o n s Production
short tons—
Percent of capacity.
Shipments
short tons—
Pig iron:
Furnaces in blast, end of month:
Capacity
long tons per d a y Number—
Prices, wholesale:
Basic (valley furnace)—dol. per long ton._
Composite pig iron
dol. per long ton..
Foundry, no. 2, northern (Pitta.)
dol. per long t o n Production
thous. of long t o n s -

Iron, Manufactured Products
Cast-iron boilers and radiators:
Boilers, range:f
Orders:
83,929
69,469
51,648
64,845
64,341 55,136
70, K90 62,143
62, 649
57, 631 *66,598
New
number of boilers.. 73,967 106,605
Unfilled, end of month, totalf
35,842
23,512
25,644
25,647
22,306
25, 545 25,382
26,094
20,177 25,581
31,999
number of boilers.. 27, 279 65,291
69,922
84,328
63,500
92,883
61,808
65,409
65,658
64,227
65,773
57,723
60,352
-Production
number of boilers- 74, 242 88,486
63,878
80,591
64,338 48,726
66,051
77,344
62,306
88,908
63,548
85,413
61,937
61,194
Shipments—
number of boilers- 72,921
42,220
41,490
40,652
37,753
37,690
41,042
45,557 44,715
36,176
49,625
32,201
43,332
Stocks, end of month-number of boilers- 38,161
Boilers, round:
4,487
4,312
4,121
6,467
3,784
3,339
2,977
3,954
2,898
3,343
3,456
3,287
Production
thous. of lb—
4,368
0,485
3,193
2,710
6,879
4,957
3,647
3,120
2,243
4,018
2,437
1,664
1,683
Shipments
thous. of lb—
41,139
35,389
41,917
41,138
38,361
34,377
33,644
34,106
35,429 44,882
35,053
Stocks, end of month— -_thous. of lb— 41,160
37,738
Boilers, square:
12,711
21,462
27,425
17,487
20,906
16,436
18,941
17,599
18,454
17,957
18,176
19,043
Production
thous. of lb— 21,625
21,689
16,332
31,761 41,380
20,325
10,700
13,786
11,955
8,984
Shipments
.thous. of lb— 19,523
16,330
11,129
13,552
Stocks, end of month
thous. of lb— 143,991 141,520 137,923 137,815 126,889 115,096 112,592 114,019/ 114,696 121,258 129,933 127,274 150,558
« Revised.
* New series. Data on furniture activity, all districts, prior to April 1933 not published. For imports of iron and steel, see p. 20 of the November 1932 issue; for
malleable castings, p. 20 of the April 1933 issue. New series on iron and steel composite price was shown on p. 19 of the January 1935 issue.
§ For 1932,1933, and 1934 revisions, see p . 45 of the June 1933 issue, p. 20 of the September 1934 issue, and p. 19 of the December 1935 issue, respectively.
t Revised. Data prior to April 1933 not published on plant operations. For range boilers, see p. 20 of the July 1934 issue,
• Imports from Cuba not included.
# See footnote on p. 37 of this issue. For 1933 and 1934 revisions, see p . 20 of the October 1934 issue and p . 20 of the December 1935 issue, respectively.
f Distribution of unfilled orders of deliveries of 30 days or less and deliveries of more than 30 days has been discontinued by the reporting source.




45

SURVEY OF CURRENT BUSINESS

August 1936
Monthly statistics through December 1931, 1936
together with explanatoryfootnotesand references to the sources of the data, may be found
in the 1933 Annual Supplement to the Survey June

1935
June

July

1936

August Septem- October Novem- December
ber
ber

January

February

March

April

May

METALS AND MANUFACTURES—Continued
IKON AND STEEL-Continued
Iron, Manufactured Products—Con.
Cast-iron boilers and radiators—Continued
B oiler fittings, cast iron:
Production
short tons.. 5,981
Shipments
short tons— 6,132
Boiler fittings, malleable:
Production...
short tons.. 4,173
Shipments
—..—.short tons.. 4,202
Radiators:
Production
thous. of sq. ft. heating surface,.. 5,931
Shipments
thous. of sq. ft. heating surface.. 5,590
Stocks, end of month
thous. of sq. ft. heating surface.. 40,179
Radiators, convection type:*
New orders:
Heating elements only, without cabinet? or grilles
thous. of sq. ft. heating surface?..
84
Heating elements, including cabinets
and grilles
349
thous. of sq. ft. heating surfaced—
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..
Table tops
dollars—
Porcelain plumbing fixtures:
Orders:
New, net
number of piecesUnfilled, end of month
number of pieces..
Shipments
number of pieces..
Stocks, end of month...number of pieces..
Vitreous-china plumbingfixtures:t
Orders:
New, net...
number of pieces._
Unfilled, end of month
number of pieces._
Shipments.number of pieces.Stocks, end of month...number of pieces..
Steel, Crude and Semimanufactured
Bars, steel, coldfinished,shipments
short tons..
Castings, steel:*A
Orders, new total.
short tons..
Percent of capacity....
Railway specialties
short tons..
Production, total
short tonsPercent of capacity...
Railway specialities.short tons..
Ingots, steel :§
Production
thous. of long tons..
Percent of capacity
Prices, wholesale:
Composite,finishedsteel
_dol. per lb—
Steel billets, Bessemer, Pittsburgh
dol. per long ton—
Structural-steel beams, Pittsburgh
dol. per lb..
Steel scrap, Chicago dol. per gross ton..
U. S. Steel Corporation:
Earnings, net.. —
thous. of dol—
Shipments,finishedproducts*..long tons—
Steel, Manufactured Products

3,610
4,321

4,201
4,696

5,542
6,210

5,860
6,330

7,451
8,454

6,835
6,620

5,589
4,248

5,730
5.194

5,107
5,217

5,721
5,325

6,032
5,940

5,768
5,923

3,107
2,873

3,073
3,036

3,620
3,481

3,627
3,392

4,162
4,670

4,532
4,357

3,794
2,503

3,970

3,982
3,475

3,817
3,663

4,296
4,201

4,196
4,442
6,253

4,742

3,422

3,462

4,675

6,470

35,610

82
148

245,519
228,210
370,180

5,937

7,430

5,037

4,706

4,733

4,951

5,046

6,345

7,701

10,055

6,616

5,413

4,183

3,086

2, 720

3,439

4,175

35,384

31,493

30,000

29,420

30,243

32, 224

34, 779

36,997

40, 368

74

114

113

60

145

62

63

51

74

231

170

130

136

121

117

202

233

341,770 362,580 464,176
312,007 326,585 408,402
400,018 407,886 387,233

292,770
283,996
393,481

266,574 300,108
216,910 254,473
488, 747 526,039

370,732
335,338
553,141

187

167

338,449 269,863
321,312 243,262
386, 716 402,707

1
447, 533 487,942
386, 783 1466,171
1
587,891 522,025

212.11

197.53

202.01

207.62

207.70

207.80

208.13

208.18

951,022
284,068
210,834
978,254
284,574
234,884

760,743
274,078
164,808
773,531
264,896
174,671

753,635
300,160
146,128
770,024
307,018
153,937

890,631
312,172
193,944
801, 207
292,709
169,204

822,997
213,599
245,107
830,241
243, 535
222,447

937,394
257,005
258,369
949,349
218,000

816,050
236,380
195,795
817,866
249,153
195,707

751,629
191,827
236,173
676,656
196,287
169,096

3,793

2,101

2,391

3,193

2,864

3,095

2,158

1,594

2,529

2,288

1,692

2,441

2,526

3,924
3,034
9,270

4,122
2,417
10,600

3,702
2,771
9,405

3,645
2,915
8,579

3,339
3,026
6,635

3,583
2,713
6,685

2,763
2,746
6,874

1,912
1,935
7,268

2,722
1,597
7,836

3,227
1,730
8,595

2,753
2,068
8,962

3,053
1,896
9, 515

3,251
2,195
9,683

161,199

319,589

250,648

179,928

132,378

132,867

139,596

373,413

204,249

165, 624

143, 323

157,807

191,060
187,981
381,675

293,904
216,745
403,381

236,890 175,140 117,289 112,621
295,880 241,678 190, 229 137,535
363,914 359,308 424,242 516,677

128,020
124,197
629,750

281,827
219,606

256,377
229,699
642,893

194,337
227, 664
674, 282

168,820
168,840
738, 580

158,380
167,367

41,178

25,600

25,295

29,863

34,439

47,301

33,670

32,285

35,097

27,917

31,378

33,512

36,232

94, 345
79.1
52,466
70, 323
59.0
30,802

30,257
25.4
6,480
27,665
23.2
5,443

34,570
29.0
9,574
31,125
26.1
5,857

45,426
38.1
17, 111
34,972
29.3
8,598

29,995
25.2
5,616
35,411
29.7
10, 568

34,553
29.0
8,201
42, 597
35.7
12,347

32,714
27.4
7,071
36,165
30.3
10,024

40,529
34.0
13,919
37,793
31.7
10,076

59,019
49.5
22, 542
44,298
37.1
13,373

51,701
43.4
16,650
47,954
40.2
15,830

71,341
59.8
32, 542
51,674
43.3
17,385

83,188
69.8
45, 942
63,087
52.9
24, 712

63, 950
53.6
25,755
64, 246
. 53.9
25, 857

2.259
41

2,268
39

2,916
49

2,825
51

3,143
53

3,150
55

3,073
56

3,046
51

2,964
54

3,343
59

3,942
69

4,046

70
.0236

.0244

.0244

0243

. 0243

.0243

,0243

.0243

.0243

.0243

.0237

.0236

28.00

27.00

27.00

27.00

27.00

27.00

28.00

29.00

29.00

29.00

28.20

28.00

.0181
12.85

.0180
9.97

.0180
10.35

.0180
12.38

0180
12.50

.0180
12.50

.0180
13.00

.0180
13.35

.0180
13.38

.0180
14.19

.0180
14.75

.0180
14.34

624,497

13,470
614,933

29,227

14,118
578,108

547,794

686,741

681,820

209.35

212.25

773,108 786,380
283,139 223,994
197,974 196,817
666,820 727,162
172,813 169,453
194,726 187,073

20,418
661, 515 721,414

212. 31

212.19

212.10

877,593 1,088,105 1,005,791
206,115 265,338 265,199
154,291 238,447 187,662
908,433 1,076,233 1,002,735
220,427 315, 556 281,205
176,295 205, 747 189,980

71
.0236
28.00
.0180
12.88

17, 665
17
676~315~ 783, 552 ~979,~967~ 984,097

Barrels, steel:
Orders, unfilled, end of month...number- 452,386 976,634 932,843 930,831 853,986 725,748 620,571 341,693 400,608 349,752 341, 248 299,745 400,184
Production..
number460,737 509,121 529,414 532,433 790,057 535, 514 478,592 479,873 476,465 578, 705 650,028 636,449
47.5
35.9
35.6
46.8
43.3
48.5
38.9
36.0
58.9
40.2
Percent of capacity
38.8
37.4
34.0
791,469 537,947 480,918 478,588 471,481 577,240 658,657 643,841
Shipments-.
number- 627,065 457,370 505,942
29,171
34,155
19,599
27,991
19,133 30,746 34,925 36,001 38,001 36,589 34,156 31,830
35,260
Stocks, end of month
number—
* Data covering non-vitreous clay, recessed and attachable accessories not included.
• Data on convection type radiators, prior to January 1932 not available For earlier data on wholesale price of plumbing and heating equipment, see p. 20 of the
January 1933 issue; for steel castings, p. 20 of the October 1934 issue; and for United States Steel Corporation shipments, see p. 18 of the January 1934 issue.
% In equivalent direct radiation.
t Revised series. For earlier data on bathroom accessories see p. 20 of the October 1933 issue. Data on vitreous china plumbingfixturesrevised beginning January
1933, see p. 47 of the April 1935 issue; revisions for 1933 will be shown in a subsequent issue.
A Steel casting series revised January 1935 by the increase of the number of companies from 164 to 180; comparable data not completed for 1934 and earlier years.
Figures for 164 companies in January 1935 were new orders, total 31,816, percent of capacity 20.3; new orders, railway specialties, 6,835; production, total 28,519; percent
of capacity 18.2; production, railway specialties 6,052.
5 For 1932 revisions see p. 46 of the July 1933 issue; for 1933, p. 47 of the August 1934 issue; for 1934, p. 50 of the August 1935 issue. Revisedfiguresfor thefirstquarter
of 1935 are: January 2,870,000, February 2,774,000, and March 2,865,000 long tons




46

SURVEY OF CURRENT BUSINESS
1936

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

August 1936
1936

1935

June

Q

August S tT'

July

June

October

No v e m
h p r -

^ f " January February
1

March

April

May

METALS AND MANUFACTURES—Continued
IRON AND STEEL-Continued
Steel, Manufactured Products—Con.
Boilers, steel, new orders:
Area
thous. of sq. ft—
Quantity
„_..number of boilers..
Furniture, steel:
Business group:
Orders:
New
thous. of dol—
Unfilled, end of month—thous. of dol—
Shipments
thous. of dol—
Shelving:A
Orders:
New
thous. of dol—
Unfilled, end of month-thous. of dol—
Shipments..
thous. of dol—
Safes:
Orders:
New...
thous. of dol—
Unfilled, end of month—thous. of dol—
Shipments
thous. of d o l Lock washers, shipments.,
thous. of dol—
Plate, fabricated steel, new orders, total
short t o n s 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—
Tin and terneplate:*
Production
thous- of long tons-.
Track work, production
short tons—
MACHINERY AND APPARATUS
Air-conditioning equipment:!
Orders, new, total..,
thous. of dol__
Air-washer group
-thous. of dol—
Fan group
..__
.-thous. of doL.
Unit-heater group—
thous. of dol—
Electric overhead cranes:
Orders:
New
thous, of dol—
Unfilled, end of month
thous, of dol—
Shipments
_
thous. of doL_
Electrical equipment. (See Nonferrous
metals.)
Exports, machinery. (See Foreign Trade.)
Foundry equipment:
Orders:
New——
1922-24=100Unfilled, end of month
1922-24=100—
Shipments
„
1922-24=100..
Fuel equipment:
Oil burners:*!
Orders:
New
no. of burnersUnfilled, end of month.no. of burners._
Shipments
no. of burners..
Stocks, end of month
no. of burners—
Pulverized-fuel equipment:
Orders, new, storage system:
Furnaces and kilns-.no. of pulverizers..
Water-tube boilers..no. of pulverizers,Orders, new, unit system:
Fire-tube boilers no. of pulverizers..
Furnaces and kilns.no. of pulverizers..
Water-tube boilers.no. of pulverizers. >
Stokers, mechanical, new orders:1
Class 1, residential
.number..
Class 2, apartment and small commercial—.
.number..
Class 3, general commercial and small
commercial heaters..
number__
Class 4, large commercial:
Number
Horsepower
Machine tools:*
Orders:
New*
avg. mo. shipments 1926=100..
Pumps:
Domestic, water, shipments:f
Pitcher, hand, and windmill
units. .
Power, horizontal type
unitsMeasuring and dispensing, shipments:
Gasoline:
Hand-operated
„—units—
Power
units..
Oil, grease, and other:
Hand-operated
unitsPower
._
units—

1,131
1,049

391
523

519
536

544
735

575
829

784
787

464
587

685
595

623
634

810
705

590
594

784
687

723
721

1,565
1,070
1,470

1,236
845
1,137

1,331
943
1,225

1,333
948
1,327

1,393
980
1,361

1,618
1,036
1,562

1,507
945
1,591

1,520
908
1, 558

1,619
940
1,586

1,427
882
1,484

1, 667
964
1,586

1,583
913
1,634

1,514
975
1,451

448
294
416

313
152
291

272
167
257

309
216
260

336
210
342

348
212
346

323
206
329

370
196
379

389
243
342

325
198
371

419
235
382

378
229
384

414
262
381

224
216
226
246

170
277
150
204

145
287
134
203

145
268
164
147

172
281
159
235

200
277
205
246

188
285
180
261

182
255
205
206

203
169
176
255

189
173
185
219

227
190
210
232

251
197
244
313

228
218
207
251

51,999
21,861

17,914
1,872

18,890
4,193

23,628
3,505

31,105
3,531

30,530
5,850

19,116
2,617

35. 584
9,341

38, 709
3, 354

27,830
5,940

29, 787
3,620

29,900
5,678

«51,257
9,311

261,439
276, 551
210,448
69.2
203,853
136,605
75,912

128,957
112,944
143,309
47.7
160,812
126,531
74,099

206,313
170,299
145,505
48.1
152,146
125,378
72,632

207,140
204,108
206,613
68.3
180,893
138,432
75,391

196,423
198,424
190,701
63.0
176,897
142,922
75,581

226,209
211,452
222,963
73.5
220,536
146,308
83,200

289,101
286,799
224,541
74.1
213,453
149,122
81,597

203,318
299,394
208,774
68.9
195,077
149,213
74,516

174,805
267, 673
223,000
73.3
207,437
152, 283
84,037

138,244
231, 660
191,359
62.9
175,702
168,572
86,971

251,818
280,493
207,820
68.3
209, 673
141,916
70,648

190,269
221,950
217,975
71.6
252,441
124,239
65,783

191,511
217,831
224,056
73,6
210,127
138,510
72,333

6,507

140
4,210

4,054

4,028

2,962

3,495

3,090

3,025

3,366

4,116

6, 258

7,031

7,314

1,522
215
813
495

1,502
173
895
435

1,418
154
693
571

1,359
60
586
713

1,713
96
596
1,021

1,833
170
854
809

1,958
135
673
1,151

C1)
(0

0)
0)

690
715

0)
0)

0)
0)

571
711

(0
0)

281
2,242
680

682
1,782
217

154
1,604
332

440
1,801
233

245
1,475
471

194
1,166
503

392
1,082
476

386
1,194
274

26
1,700
217

349
1,676
373

363
1,723
317

572
2,026
277

2,641

141.4
130.8
153.0

100.2
135.6
82.2

94.0
126.5
102.3

113.0
142.3
97.2

128.5
144.5
124.7

140.0
164.7
119.7

100.4
119.2
145.2

118.1
90.8
147.6

127.0
107.5
110.4

110.4
130.4
114.5

115. 0
94. 4
124.0

134.0
123.2
105.1

165.4
142.6
146.7

15, 788
4.078
14,449
19, 221

9,677
1,325
10,044
14, U 4

10, 434
2,089
9,670
17,005

15,320
1,860
15, 549
18,422

29,090
3,807
27,143
11,631

24, 088
2,108
25, 657
12,047

9,553
1,612
10,049
14,101

7,765
1,648
7,729
15,565

7,275
1,487
7,436
13,437

7,139
1,531
7,095
14,057

9,235
2,034
8,732
15,090

10,373
2,365
10,042
16,901

12, 578
2,739
12,204
18,794

0
0

0
0

0
0

0
0

0
0

0
0

0
0

0
0

2
0

0
0

1
0

0
0

0
0

3
11
31

1
2
4

0
8
10

0
2
17

1
6
7

1
9
24

2
3
13

0
16
33

1
13
20

7
5
17

1
6
16

1
2
38

1
3
25

4,381

2,432

2,872

4,931

8,687

8,777

4,287

3,078

2,065

2,342

2,376

2,745

3,547

199

158

190

348

615

683

359

281

187

167

130

130

123

76

55

96

164

272

268

145

108

84

71

40

44

60

178
199
269
34,821 . 43,594 47,355

345
55,260

310
51,031

213
34,849

196
34,166

161
27, 297

126
25,120

132
24, 775

152
43,080

183
36,935

8
1,106
626

242
49,376

954
561

948
576

1,059
564

128.8

91.1

119. 8

125.8

80.0

102.9

98.6

98.3

110.8

112.1

105. 3

125.7

118.9

51,484
1,198

29,859
908

33, 734
1,004

33,863
939

30,014
782

21,775
915

22,358
681

19,493
613

39, 221
772

35,621
659

41,192
964

40,004
968

41,259
1,229

569
426
592
599
851
639
776
662
564
583
798
3,992
4,517
4,901
8,703
5,121
5,226
5,491
8,923
7,551
5,757
4,785
4,401
5,678
5,993
9,492
7,433
9,916
9,720 10,332
7,048
8,005
7,631
8,166
7,963
966
964
651
1,259
844
668
1,030
956
1,178 - 699 823
1,110
881
i Comparable data not available. See the regular monthly report of the Census Bureau for detailed data on this industry.
* New series. For earlier data see p . 20 of the December 1932 issue for tin and terneplate and p . 20 of the July 1934 issue for machine tools (including forging equipment). Current oil-burner series, available only back to January 1933, are based on reports from 160 concerns.
f Revised series. Data on air-conditioning equipment revised starting January 1933; see footnote on p . 48, April 1935. The revisions for 1933 will be shown in a subsequent issue.
% Oil burners revised for 1934 and 1935, to exclude data erroneously reported. See p . 51 of the April 1936 issue. Data for 1933 and 1934 will be shown in a subsequent issue.
A Revised data on steel furniture shelving for years 1932, 1933, and 1934 will be shown in a subsequent issue.
1 Revised series on mechanical stokers, see p. 48 of the April 1935 issue; domestic pumps starting January 1934, see p. 49 of the April 1935 issue.
• Series covering shipments and unfilled orders temporarily discontinued




574
8,774

672
4,451

47

SURVEY OF CURRENT BUSINESS

August 1936

1935

1936

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

June

July

1936

August Septem- October Novem- December
ber
ber

January

February

March

April

May

METALS AND MANUFACTURES—Continued
MACHINERY AND APPARATUS—Con.
Pumps—Continued.
Steam, power, and centrifugal:
Orders, new..,.
thous. of dol—
Water-softening apparatus, shipments^
units. _
Water systems, shipmentst ^
..units..
Woodworking machinery:
Orders:
Canceled
_
thous. of doL.
New
_.
thous. of dol__
Unfilled, end of month
thous. of dol._
Shipments:
Quantity
.machines..
Value
thous. of dol_.

1,029

747

1,052
16,714

445
597
267
445

741

615

658

719

832

1,039

1,044

1,068

535
10,989

493
10,827

577
11,060

583
8,560

812
8,946

715
8,125

7,195

754
9,856

737
6,371

980
10,364

1,031
11,496

5
284
463

5
400
515

1
304
456

11
281
422

2
404
441

9
311
404

520
462

12
449
538

412
581

5
417
632

185

177
322

240
384

170
302

249
373

241

188
419

190
361

201
365

224
358

7
377
610
217
383

16,670
.1146

18,272
. 1138

19,047
.1164

17,960

. 1219

16,246
.1251

14,534
.1263

24,439
.1263

24,251
.1260

18,997
.1257

19,938
.1263

21,685
.1257

28,003
.1207

1,815
601
1,214

1,880
549
1,331

1,893
422
1,471

2,002
384
1,618

2,294
650
1,643

2,113
613
1,500

1,954
469
1,485

2,510
546
1,964

2,013
524
1,489

2,064
453
1,612

2,414
549
1,865

2,312
420
1,893

27,252
16,492
15,754
.0863

27,079
26,197
24,967
.0778

30,900
10, 568
9,652
.0798

20,050
22,239
21,087
.0850

20,275
24,327
23,095
.0897

25,592
20,772
20,118
.0903

22,104
27,456
25,255
.0903

12, 573
14,749
12,935
.0903

19,313
16,723

17,438
16,427

16,700
11, 310

19,683
15,700

.0903

.0903

.0917

.0928

22,952

25,863
3,437

29,890
6,292

28,599

27,847
3,006

31,412
7,977

31, 648
8,639

29,464
3,183

28,195
6,467

29,341
4,550

29,535
2,950

30,547
4,540

742

946

718

2,967

1,014
13,106

439
604
247
444

NONFERROUS METALS AND
PRODUCTS
Metals
Aluminum:
Imports, bauxite#
___.long tons._ 41,043
Price, scrap, cast (N. Y.)
dol. per lb..
.1188
Babbitt metal (white-base antifriction bearing metals):
2,374
Production!
thous. of lb_.
495
For own use
thous. of lb__
1,879
Salesf
thous. of lb__
Copper:
Exports, refined0 ._.„.._„
short tons__ 23,969
Imports, total§ #
—short tons.. 14,671
Ore and blister
-._ short tons..
Price, electrolytic (N. Y.)___-dol. per lb_.
Lead:
Ore:
Receipts in U. S, ore
short tons.. 31,828
3,500
Shipments, Joplin district...short tons..
Refined:
1,027
Imports#
short tons..
Price, pig, desilverized (N. Y.)
.0460
dol. per lb__
Production
_
.short tons.. 36,756
Shipments, reported—
short tons.. 37, 736
Stocks, end of month
short tons— 230,481
Tin:
Consumption in manufacture of tin and
terneplate*
long tons,.
7,795
Deliveries
_
Jong tons..
Imports, bars, blocks, etc.#
long tons__ 8,134
,4222
Price, Straits (N. Y.)
....dol. per lb__
Stocks, end of month:
World, visible supply
long tons.. 14,260
3,054
United States
long tons..
Zinc:
Ore, Joplin district:
Shipments
short tons.- 29,420
Stocks, end of month
short tons— 39, 240
Price, slab, prime, western (St. Louis)
dol. per lb_Production, total (primary) f .short tons— 44,947
_
Retorts in operation, end of mo—number.. 40,700
Shipments,, totalf
...short tons.- 41,654
Domestic!
short tons.. 41, 654
Stocks, refinery, end of monthf-short tons— 85, 003

889

2,181

1,143

1,440

1,774

521

.0402
26,978
231,077

.0412
30,488
34, 575
230,915

.0425
30,807
38,195
227,583

.0441
29,358
37,615
224,992

.0451
37,844
42,271
225,309

.0450
36,229
43,035
222,636

2,280
4,615
5,320
.5107

2,610
5,290
4,179
. 5229

2,850
5,320
4,615
.5044

1,790
5,360
6,773
.4907

1,890
5,355
4,095
.5121

2,120
4,035
4,700
.5188

2,350
5,360
6,287
.4977

6,646
.4724

2,400
5,600
6, 525
.4792

2,350
5,520
6,104
.4799

2,850
6,235
4,994
.4694

3,300
5,235
5,493
.4630

14,275
5,467

13,162
3,227

13,246
2,681

11,939
2,849

13,425
1,389

15,049
1,472

13,782
2,312

13,338
2,985

15, 607
3,523

16,074
3,968

13,328
2,713

15,967
2,941

23,013
23,725

28,296
23,529

38,584
25,865

36,436
25,409

34,736

48,579
25,344

40,889
21,000

35,200
24,900

36, 770
25,130

38, 640
26,930

46,060
28,070

40,900
33,560

.0430
34,637

.0433
35,120
33,884
32,306
32,306
115,723

.0454
35,547
32,942
38,824

.0467
36,221
34,870
42,351
42,351
106,316

.0483
36,716
34,777
47,063
47,063

.0485
37,469
36,650
48,172
48,172
85,266

.0485
40,550
38,329
42,058
42,058
83,758

.0485
41,917
38,205
46,468
46,468
79,207

.0486
36, 228
38,004
39,918
39, 918
75, 517

. 0490
42,483
37,922
38,159
38,159
79,841

.0490
43, 252
41,400
42, 311
42,311
80,782

.0490
44,905
41,048
43,977
43, 977
81,710

771

29,353
29,353
112,909

112,446

1,217

.0450
.0460
.0460
.0450
.0460
.0452
37,958 34,088 32,221 32,184 36,175 39, 558
42, 333 34, 590 33, 086 36,743 40,457 33,125
222,306 224,013 225,010 223, 388 229, 991 229,409
2,300

Electrical Equipment
3,246
2,258
2,992
3,903
2,055
1,369
Furnaces, electric, new orders
kilowatts1,903
6,704
1,583
1,609
3,637
783
Electrical goods, new orders^ (quarterly)
139,012
153,452
143,132
thous. of doL.
134,925
Laminated phenolic products, shipments
dollars.. 1,135,858 643, 770 740,922 801,292 832,902 1,061,285 878,041 813,455 826,393 844,374 924, 238 1,004,258 1,145,695
Mica, manufactured:
Orders, unfilled, end of month
143
132
121
135
157
113
179
146
124
119
thous. of doL.
109
105
77
202
210
178
147
153
201
187
172
Shipments
thous. of doL.
161
158
117
188
187
Motors (direct current):
Billings (shipments)
dollars358,543 432,406 366,222 374,026 348,942 490,201 571,756 432,481 533, 595 424,944 518,357 524,953
Orders, new
_
.dollars..
348,349 403,480 357,945 454,450 445,613 405,167 625,708 454,601 612,483 585,348 5 H 719 613, 371
Panel boards and cabinets, shipments
293
306
thous. of doL.
374
285
279
258
Porcelain, electrical, shipments:
Special
dollars..
62,882
64,793
62, 711 79,377 101,108 83, 238 70,698 81,004 78,914 77,690 92,637 84,436
Standard
._
dollars..
53,858 29,923 27,694 35,228
30, 284
33,566
28,902 34,737 41, 249 35,458
293
Power cables, shipments
thous. of ft..
446
408
233
455
323
419
332
533
536
355
542
325
Power switching equipment, new orders:
77,795
Indoor..„
dollars- 72,425
60,452
30,180
45,823 46,781 43,435 46,328 64,691 41,637 63,163 57,981
Outdoor
dollars- 1.43,868 98,066 139,512 130,628 102,71.9 127,347 135,293 115,247 91,522 156, 313 166, 011 214,250 162,163
Reflectors, industrial, sales
. . . u n i t s . . 97,032
81,807 97,360 70,693 89,044 111,617 88,971
71,093 83,002 87,811
62, 608
65,068
Refrigerators, household, sales*
number.. 237,371 161,525 *154,227 110,161 53,622 43,706 46,930 75,904 119,764 179,056 272,139 304,089 329,140
Vacuum cleaners, shipments:
114, 001 105, 559 105,275
Floor cleaners
number.. 80,649
78, 343 93,627 85,816 86,763 74,733
58, 701
56,906
65,128
Hand-type cleaners*
number.. 22,295 . 22,521 13,950
27,478 29,047 29,261 26,570 24,999 23,769 35,878 29,588 32,175
16,227
•Revised.
* New series: For earlier data, see p. 20 of the December 1932 issue, for tin and terneplate; p* 20 of the July 1935 issue, electric reirigerators; and p. 20 of the August 1934
issue, for hand-type vacuum cleaners.
t Data for Babbitt metal revised for the period January 1932-D ecember 1935; see p. 20 of the July 1936 issue. For 1933 revisions on zinc see p. 49 of the January 1934
issue; for 1934 see p. 49 of the February 1935 issue; for 1935, see p. 52 of the February 1936 issue,
t Present series on water systems cover 52 companies.
• For revisions for 1932, see p. 48 of the June 1933 issue; for 1933, p. 20 of the September 1934 issue; for 1934, p . 19 of the December 1935 issue.
§ Data for 1932 revised; for 1932 revisions, see p. 48 of the June 1933 issue, total imports of copper.
# See footnote on p. 37 of this issue. Data for 1933 revised; see p. 20 of the October 1934 issue. For 1934 revisions, see p. 20 of the December 1935 issue.
T Revised series on water systems starting January 1934; see p. 49 of the April 1935 issue; for earlier data on new orders for electrical goods, see p. 19 of the August 1933
issue. New series on water-softening apparatus revised starting January 1933; revisions for 1933 will be shown in a subsequent issiie.




48

SUKVEY OF CURRENT BUSINESS
1936

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

August 1936

1935
June

July

1936

August Septem- October Novem- December
ber
ber

January

February

March

April

May

METALS AND MANUFACTURES—Continued
NONFEBROUS METALS AND
PRODUCTS—Continued
Electrical Equipment—Continued
Vulcanized fiber:
Consumption
_
Shipments Welding sets, new orders:A
Multiple operator
Single operator

thous. of lb—
thous of dol

2,116
489

• 1,716
363

1,579
344

1,524
420

1,423
420

1,782
509

2,112
440

1,718
387

1,781
455

1,635
417

1,830
492

2,129
470

2,248
471

unitsunits—

0
881

7
324

3
387

2
479

0
480

7
430

0
467

0
543

2
796

0
810

2
1,048

1
1,073

5
830

5,894

5,948

5,645

5,897

6,012

5,747

Miscellaneous Products
Brass and bronze (ingots):*
5,996
4,111
5,297
6,294
4,507
5,195
5,944
Shipments and deliveries- __
net tons—
Brass, plumbing:
Shipments* t
number of pieces 1,342,610 995,808 1,048,172 1,156,791 1,195,230 1,388,845 1,131,066
Brass sheets, wholesale price, mill
.151
.142
.145
.143
,136
.138
dol. per l b ~
.146
Copper, wire cloth:
New
thous
Unfilled, end of m o n t h s thous.
production
—
—
thous.
Shipments
^
thous.
Stocks, end of month
thous.

of sq ft
of sq. r e of sq. ft—
of sq. ft—
of sq.ft—

408
500
413
379
740

411
472
376
375
801

441
509
358
375
787

417
486
416
419
781

439
560
375
359
788

386
483
442
440
741

424
527
384
396
725

916,783 1,240,615 1,155,921 1,210,393 1,275,836 1,274,888
.146

.146

.146

.146

.148

.151

386
505
379
395
695

r

370
495
406
416
689

413
516
424
411
709

369
412
450
439
702

416
441
387
386
706

405,401
102,102
«136, 426
127,281
77,726
49,555
32,873
6,719
417,948
110,057
136,076
133,143
80,749
52,394
31,794
6,878
106,190
«41,479
«6,440
55,080
36,593
18,487
2,477
714

443, 272
110,806
136,761
154,300
98,791
55,509
34,784
6,621
441,901
120,054
137,792
142,459
90,474
51,985
35,104
6,492
104,819
50,727
7,471
43,239
28,276
14,963
2,797
585

437,970
112,758
148,433
138,504
84,910
53, 594
31,669
6,606
450,261
120,427
148,047
142,889
90,265
52,624
32,282
6,616
117,109
58,396
7,085
47,624
33,631
13,993
3,409
595

418
528
447
398'
689,

PAPER AND PRINTING
WOOD
Consumption and shipments
short tons..
Groundwood
—
short tons—
Sulphate
short tonsSulphite, total
_
short tons—
Bleached
_
short tons..
Unbleachedshort tons—
Soda—
.short tons—
Damaged, off-quality & misc'Lshort tons—
Production, all grades
short tons—
Groundwood--.
—short tons—
Sulphate
-.short tons—
Sulphite, total
short tonsBleached
short tons—
Unbleached
short tons—
Soda*.-.
short tons..
Damaged, off-quality & misc'L .short tons—
Stocks
short tonsGroundwood
_
——short tons—
Sulphate——.short tonsSulphite, total
short tonsBleached
short tons—
Unbleached
short tonsSoda
short tonsDamaged, off-quality & misc'L .short tonsImports:
Chemical, totalf#
short tons—
Groundwood#
short tonsPrice, wholesale, sulphite, unbleached
d

l

1

364,778
93,018
115,381
122,298
76,558
45,740
26,909
7,172
6,524
357,437
109,875 94,493
148,148 114,527
139, 591 114, 223
87,123 69,942
52,468 44,281
27,000
7,194
6,164
126,977
~57,~193' 73,532
5,001
7,965
49,104 43,029
34, 260 26,434
16,595
14,844
4,598
817
235

356,081
87,967
115,875
116,810
73,843
42, 967
27,588
7,841
353,839
81,946
116, 216
120,099
77,875
42, 224
27,787
7,791
124,735
67,551
5,342
46,278
30,466
15,812
4,797
767

379,149
90, 857
127,001
125,226
76,036
49,190
29,563
6,502
371,159
79,630
128,039
127, 707
78,109
49,598
29,399
6,384
116.704
56, 284
6,380
48,759
32,539
16, 220
4,632
649

235,129
14,529

155,406
16,744

147,952
11,715

151.705 165,848
14, 300 14,818

1.93

1.90

1.90

i l 1, 078
147,268
138,111
86,494
51, 617

1.90

362, 504
86,047
120,234
121,767
72,675
49,092
27,126
7,330
355,416
75,357
119,590
125,671
76,486
49,185
27, 541
7,257
109,616
45,594
5,736
52,663
36,350
16,313
5,047
576

1.90

394,485 388,244 '415,790 '393,987
98,100
96,445 '107,413 °97,411
127,598 124,418 120,807 139,951 130,084
136,623 134,291 135,317 129,249 '129,517
78,624 79,011
78,217 77,100 «77,174
57,999 55,280 57,100 52,149
52,343
30,483 30,256 29,399 32,099
8,795
7,420
6,276
6,336
7,078
389,331 388,785
"419,946
89,067 94,007 99,402 106,794 '100,575
126,332 125,609 121,148 139,329 131,642
135,193 132,294 130,975 134,290 '129,000
78,227 75,977
75,236 79,704 ft78,105
56,966
56,317 55; 739 54,586
50,895
30,022 29,171 28,821
32,381
30, 989
8,717
7,704
6,177
7,152 0 6,134
97,683 91,984 90,263 °89,343
93,696
35,760 «30,360 °33,524
5,661
4,470
6,002
6,843
5,285
51,233 49,236 44,894 49,735 «49, 218
35,953 32,919 29,938 32,639 °33,570
15,280 16,317 14,956
15,648
17,096
4,586
3,502
2,924
3,556
3,206
498
782
683
555
757
401,864

228,504
31,097

199,812
23,621

243,858
28,116

213,837
20,392

160,649
13,796

143,576
20,457

122,060
13,905

166,048
21,437

1.90

1.90

1.00

1.90

1.90

1.90

1.90

1.91

Total paper: f
Paper, including newsprint and paperboard:
a
Production
short tons'721,908 700,349 «815, 630 756,573 914,297 '783,341 717, 604 °819,300 753,581 776,471 867,931 798,060
Paper, excluding newsprint and paperboard:
•348, 775 «356,948 °440,921 '415,046 "493,851 °398,139 '369,837 •451, 268 "401,523 •453,983 485,208 415,828
Orders, new
—
short tons'388,233 «367,345 «449,343 °395,715 «488,727 M10,096 '398,141 (469,036 "410,225 "414,714 496,498 432,814
Production f
short tons—
«484,855 «411,434 °383,172 «472,010 «400,525 «413,778 485,666 424,281
376,018 "367,914
Shipments!—short t o n s 0
Revised.
• Since April 1935 figures are not as complete as during the period of the operation of the Code Authority. Figures for period January 1934-April 1935 would be fairly
comparable if reduced by about 15 percent.
A These series have covered a varying number of companies for period covered in survey; percentage of industry coverage not known. Reports have been from 12
companies since January 1934.
t In September 1935 3 firms discontinued reporting; data of 3 firms of equal size were added, thereby maintaining the comparability of the series.
t Revised series. See p. 49 of the June 1933 issue for 1932 chemical wood pulp imports. Data on total paper for 1934,1935, and 1936 revised. Revisions for 1934 and
months of 1935 not shown above will appear in a subsequent issue.
* New series. Data prior to October 1931 not published on plumbing brass.
# See footnote on p. 37, of this issue. Date for 1933 revised; see p. 20 of the October 1934 issue. For 1934 revisions see p. 20 of the December 1935 issue.
§ The figures on paper (including total, fine, and wrapping) are as reported by the American Paper and Pulp Aftotiation, except book paper, the data on which are
reported by the Book Paper Division of the Paper and Pulp Industry; they are not comparablt with the data carried in the SUKVEY from the American Paper and Puip As$oeiation through December 1933. The present classification of the association differs from that previously used by them, as well as from the Bureau of the Census classification. In addition to the classes shown, the association also reports on printing paper (including uncoated book), boards, paperboard, and newsprint. Thefirsttwo
of these classifications are not used in the SURVEY, while the Bureau of the Census report is used for paperboard and the Newsprint Service Bureau's report for newsprint
(the latter series is identical with that reported by the association). The ratio of the production reported by the association, the Newsprint Service Bureau, and the Bureau
of tbe Census (monthly report on paperboard) to the annual figures reported by the Bureau of the Census for 1934 follow: Total paper, 87.4 percent; fine paper, 76.1 percent; wrapping, 109.7 percent (present classification of association is much broader than is Census or earlier association classification); paperboard, 68 percent of all paperboard, but 81 percent of the more comparable classifications of container board and boxboard; book paper, uncoated, 95 percent and coated 100 percent (book paper estimates are by association since the data cannot be checked with Census data); and newsprint, 97 percent. Figures for the first 5 months of 1934 on book paper are not available. Data are available for the other series for the months of January to April 1934. These figures will be shown in a subsequent issue.
^ See footnote marked " A " on p. 60 of the March 1936 issue.




SUEVEY OF CURRENT BUSINESS

August 1936

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

1935

1936
June

49

June

July

1936

August Septem- October Novem- December
ber
ber

January

February

March

22,541
11,364
21,844
66.8
22,752
15,050

April

May

31,096
17,314
24,697
76.0
25,998
12,528

18,610
11,336
23,525
79.0
23,734
11,992

17,097
9,106
21,409
71.0
21,308
12,093

93,960 128,902
43,739
65,508
96,068 101,669
73.9
80.0
96,293 107,116
81, 713 73,349

85,548
49,939
107,533
85.4
105,689
76,033

72,890
37,369
97,369
.77. 5
90,507
82,280

16,121
33,676
35,435
61,141

44, 620
16,169
47,990
45,119
61,545

30,922
13,194
35,561
33,559
62,510

PAPER AND PRINTING—Continued
PAPER—Continued
Book paper:*
|
Coated paper:
j
Orders, n e w . . .
short tons—
Orders, unfilled
short tons—
Production
— s h o r t tons..
Percent of potential capacity
Shipments*
.„_
short t o n s . .
Stocks, end of m o n t h . .
short t o n s . .
Uncoated paper:
Orders, new
short t o n s . .
Orders, unfilled
short tons..:
Production
short tons..
Percent of potential capacity
Shipments
short t o n s Stocks, end of month
short t o n s . .
Fine paper:*
Orders, new
-.—.short t o n s Orders, unfilled
.short t o n s . .
Production
. . . . . . s h o r t tons..
Shipments
...short t o n s . .
Stocks, end of month
short t o n s . .
Wrapping paper:*
Orders, new
.
short t o n s Orders, unfilled
short t o n s . .
Production
short t o n s Shipments
_
short t o n s . .
Stocks, end of m o n t h .
short t o n s . .
Newsprint:
Canada:
Exports
short t o n s . .
Production
...short tons..
Shipments from mills
short tons..
Stocks, at mills, end of month
short tons..
United States:
Consumption b y publishers
short tons..
Imports #
short tons—
Price, rolls, contract, destination, N . Y.
base...
dol. per short t o n . .
Production, total
short t o n s Shipments from mills..
short tons..
Stocks, end of month:
At mills
short t o n s . .
At publishers
short tons__
In transit to publishers—short tons—
Paperboard: §
Consumption, waste papert—short t o n s . .
Orders:
New
short tons..
Unfilled, end of month
short tons..
Production..
short tons..
Percent of capacity
Stocks of waste paper, end of month:
At millst.
short tons..
In transit and unshipped purchases
short tons—

16,502
8,218
19,260
68.0
18,497
12,245

15,835
9,118
18,264
56.9
17,215
16,861

18,464
8,798
19,335
55.8
19,441
17,194

18,390
8,153
19,363
59.4
19,267
15,605

18,903
8,808
18,640
64.3
17,654
16,595

19,912
7,924
21,197
65.0
21,728
16,064

19,264
7,225
20,066
58.1
20, 746
16, 580

17,352
10,043
18,831
63.7
19,145
14,961

22,352
10,351
23,106
63.4
23,640
16,243

77,313
35, Q13
86,676
71.6
83,718
83,644

72,222
26,754
82,098
66.7
78,740
66,352

78,190
29,864
86,121
63.2
84,996
70,154

80,143
30,480
88,201
68.2
85,880
71,860

83,400
35,464
87,911
70.1
88,127
73,098

32,771
95,894
72.4
92,415
74,820

87,252
35,065
89,262
66.4
91,197
74,399

82,558
37,746
91,075
71.5
84,964
79,518

98,108
40,212
101,223
71.8
99,769
81,821

25,966
8,276
31,196
29f 182
56,550

24,606
9,421
26,650
25,910
55,716

33, 624
8,067

•28,666
9,269
28,494
28,599
56,903

37,763
8,666
39,075
56,504

29,802
8,245
31,281
30,709
56,867

29,912
8,857
31,633
28,355
60,206

43,582
10,560
41,979
43,467
59,143

12,813
38,155
34,803
62,400

141,541
70,686
135,278
132,926
107,856

184,471
79,566
176,973
175,974
107,655

134,343
73,774
138,523
140,060
105,468

125,290
71,348
131,544
127,051
108,178

149,305
59,041
160,822
163,312
106,644

125,557
58,545
130, 719
126,821
110,424

133,755 177,510
61. 447 77, 344
132,887 165, 537
128,056 161, 543
114,066 118,269

151,013
73,312
140,120
144,232
114,092

240,421 244,037
266, 515 262,854
266,679 285,179

277,838
244,732
265,233

184,884
227,955
181,403

184,079
221,190
206,010

256, 564 192,894
242,900 258,721
239,253 267,296

258,288
267,067
286,445

a

•35, 439
56,931

118,943
55,634
132,181
129,561
107,000

122,953
57,596
121,304
121,871
104,715

162,916
60,807
160,510
159,808
105,116

283,589
270,051

227,215
232,020
228,196

219,461
234,753
226,884

220,866 208,912
235,573 233,968
225, 736 225,403

73,199

57,771

65,705

75,305

73,818

73, 579

50,993

30,138

76,658

92 082

96, 254

85,629

66,240

178,396
222,187

161,884
202,878

153,811
190,872

148,142
195,057

160,558
190,272

179,821
222,811

187,448
234,305

186,514
249,876

161,185
179,982

182,313
157,456

183,974
220,641

183,399
203,590

227,216
262,580

41.00
79,830
74,710

40.00
77,010
76,994

40.00
72,797
71,213

40.00
75,160
74,676

40.00
71,262
73,067

40.00
79,974
82,220

40.00
78,955
81,151

40.00
75 69
79 72

41.00
79,336
74,126

41.00
72,249
70,650

41.00
76, 500
74,482

41.00
76,504
77,714

21,027
193,464
40,573

16,294
211,071
29,914

17,887
223,364
29,220

18,235
232,200
26,100

16,450
221,114
38,703

14,340
222,362
34,754

12,473
22,377
44,727

10,266
240,838
53,302

14,275
237,955
35,178

16,032
221,165
39,387

18,163
203,814
40,851

17,087
188,453
48,567

15,906
191,463
44,860

234,315

213,523

217,934

246,537

244,963

246,318

196,429

229,064

226,216

237, 601 245,566

241,895

282,431 248,656
96,402
78,020
279, 390 256,665
70.8

259,486
78,241
260,207

297,349
86,767
291,127

307,103
105,088
289,596
74.1

272,477
88,971
294,290
73.6

234,753
81,894
243,594
60.9

283,890
94,210
270,928
63.4

268,843
91,917
271,107
68.4

213,297

211,029

216,040

193,919

290,854 298,180
96, 202 99, 796 92,784
285,257 294,929 289,527
71.0
71.6
69.4
213,435
204,376 204,353

35,044

35,269

39,737

351,887
107,074
345,596

66.5

61.4

68.7

79.5

230,365

233,784

228,137

214,685

218,330
(0

38,420

41.00
75,719
77,273

0)

38,167

44,306

4,575

67,405
9,769

77, 561
10,241

90,064
7,864

1,964
1,768
195

1,846
1,653
194

2,019
1,804
215

2,095
1,873
222

2,268
2,035
233

92,113
836
688
148
84

•95,196
536
430
106
82

84,853
842
676
166
83

95,189
953
801
152
82

101,805
854
718
136
84

96,677
990
795
195

15,500
13,127

14,966
0)

13,033

15,778

15,031

0)

0)

15,581
•0)

32,864

47,039

32,432

61,294
8,538

61,116
7,364

62,201
6,719

66,455
8,743

73,057
9,082

66,453
9,428

55,740
15,231

65,784
7,712

1,832
1,626
206

2,017
1,772
245

2,161
1,912
250

2,176
1,931
245

2,412
2,165
247

1,991
1,796
195

1,781
1,604
176

73,780
674
495
179
78

82,686
500
403
97
75

93,807
714
519
195
80

88,721
787
611
176

100,160
868
681
187
85

94,574
897
700
197
86

14,399
11, 672

14,915
12,677

14,648
12,931

14,643
12,906

17,503
14,804

15,785
13,117

40,780

a

PAPEB PRODUCTS
76,084
Abrasive paper and cloth, shipments:
9,479
Domestic
reams..
Foreign
reams—
Paperboard shipping boxes:
1,945
Shipments, total...
.mills, of sq. ft—
242
Corrugated*
mills, of sq. ft_.
Solid
fiber*
^mills. of so., ft..
PRINTING
Blank forms, new orders.. thous. of sets— 100,725
729
Book publication, totaLnumber of editions..
602
New books.—
number of editions™.
127
New editions
number of editions..
Operations (productive capacity).1923=100..
Sales books:
Orders, newt
—_- -.— 17,485
Shipments
•
_
0)

t Revised'series. Data for period January 1933-January 1934, inclusive, on consumption and stocks of waste paper at mills will be shown in a subsequent issue.
Sales books, new orders, have been revised beginning January 1935 to include the statistics of 2 members not included heretofore. The data now represent 90 percent
of all the sales books sold in the United States. For 1935 revisions see p. 54 ot the May 1936 issue. Revised data for 1935 not shown above, January 13,727, February
13,895.
i Discontinued by reporting source.
,
.
§ The Bureau of the Census has changed the title of the "Boxboard" report to "Paperboard" since data actually cover all board of .0012 of an mch or more m thickness
reported by the cooperating manufacturers. Figures given on production and new and unfilled orders are for 94 identical manufacturers; and consumption and stocks of
waste paper for 82 manufacturers. Estimated coverage is given in footnote marked § on p. 53.
• * . - , , . , . > • #
* New series. New series on paperboard shipping boxes compiled by the National Container Association, Chicago, 111., from reports from all members of the industry of
record beginning in January 1934. The volume of companies not reporting each month is estimated by the association, so as to keep the series comparable. Prior to January 1934 data covering this industry were compiled by the Paper Board Industries Association. See footnote marked "§" on p. 53 of this issue for book,fine,and wrapping
paper.See footnote on p. 37 of this issue; data for 1933 revised; see p. 20 of the October 1934 issue. For 1934 revisions see p. 20 of the December 1935 issue.
#




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
fn the 1832 Annual Supplement to the Survey

1936
June

August 1936
1936

1935
June

July

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

March

April

May

RUBBER AND RUBBER PRODUCTS
CRUDE AND SCRAP RUBBER
Crude:
Consumption, total
—long tons..
For tires and tubes$t
long tons..
Imports, total, including latexf#-long tons—
Price, wholesale, smoked sheets, N. Y.
dol. per lb_.
Shipments, world
long tons..
Stocks, world, end of monthf—long tons..
Afloat, totalf
long tons..
To United Statest
long tons..
London and Liverpool.
long tons..
British Malaya
long tons..
United Statest
——long tons..
Reclaimed rubber:
Consumption
..•
long tons..
Production
—long tons..
Stocks, end of month
long tons..
Scrap rubber:
Consumption by reclaimers... Jong tons..
TIRES AND TUBES?
Pneumatic casings:
Production
thousands..
Shipments, total.
thousands..
Domestic.
thousands..
Stocks, end of month
thousands..
Solid and cushion tires:
Production
—
thousands..
Shipments, total
—..-thousands..
Domestic
_. .thousands..
Stocks, end of month
thousands..
Inner tubes:
Production—
—thousands..
Shipments, total
thousands..
Domestic
thousands..
Stocks, end of month
thousandsRaw material consumed:
Crude rubber. (See Crude rubber.)
Fabrics
thous. of lb_.
MISCELLANEOUS PRODUCTS
Rubber bands, shipmentsA
thous. of lb_.
Rubber-proofed fabrics, production, totalA
thous. of yd..
Auto fabrics.—
thous. of yd..
Raincoat fabrics
—thous. of yd..
Rubberflooring,shipments A-thous. of sq. ft..
Rubber and canvas footwear:*
Production, total
thous. of pairs..
Tennis
thous. of pairs..
Waterproofthous. 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:A
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:A
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..
Mechanical rubber goods, shipments:A
Total
thous. of doL.
Belting
thous. of dol..
Hose
thous. of doL.
Other
thous. of doL.

34,000
38,192
36,000
38,500
38,648
6 21,893 & 21,250 6 23,627 6 22,818 623,198
39,812
35,707
36,378
26,073
41,483

38,273

33,327
25,961
32,182

33,109
25,019
48,131

159
64,000
509,931
88,000
47,228
122,166
62,426
242,000

.126
72,000
671,525
101,000
55,581
171,303
89,979
315, 000

.121
70,000
679,061
96,000
49,018
174,141
89,098
315,000

.120
70,000
680,644
101,000
47,724
177,250
80,843
321, 551

.116
74,000
661,509
100,000
43,413
174,894
67,361
319,254

11,935
14,925

7,317
8,590
15,780

7,136
8,421
14,889

7,036
7,263
12,611

7,011
6,871
11,321

3,793
4,134
4,061
10,433

5,284
5,212
8,584

16
20
19
30

22
20
20

3,376
3,904
3,840
9,748

3,153
5,111
5,053
7,765

209

5,659
2,018
3,641
4,334
2,791
1,543
4,290
2,751
1,539
4,519
14, 303

» 3,067
6 2,676
6 2, 621
6 &, 713

.144
« 62,000
600,479
• 84,000
43, 870
162,107
66,618
287,754

.154
63,000
599,355
85,000
46,532
157,028
72,530
284,797

7,494
11,482
12,028

6,817
12, 307
13, 537

8,031
11,665
14,326

5,893
10,188
15,547

7,923
11,926
11,784

6 3,281
6 3,317
6 3, 258
* 6, 715

6
6
6
6

3,238
3,232
3,170
6, 682

6 27
6 25
6 25

6 23
6 19
6 19
6 41

* 3,154
6 3,690
6 3,647
6 5,621

6 3,341
6 2,775
6 2, 735
* 6,127
•

6 3,592
6 3,262
6 3,215
6 6,523

6 3,193
6 3,035
> 6,611

12, 606 6 14,148

13,523

7,014
10,712
16,039

8,266
11, 382
16,193

6 3,282
6 3,365
6 3,311
6 6,639

6 3,709
t 3,139
6 3,079
6 7, 224

6 2,898
* 2,601
6 2,545
6 7,504

6 2,947
6 3,123
6 3, 065
6 7,360

6 3,932
6 3,971
6 3,917
6 7, 318

6 22
6 23
6 23
6 41

6 25
6 23
6 22
6 40

6 15
6 17
6 17
6 37

6 16
6 21
6 21
6 32

6 32
6 32
632

6 3, 279 6 3,719
6 3, 268 6 3,376
6 3, 229 6 3,330
6 6,667

6 2,880
* 2,791
6 2,748
6 7,046

6 3,068
6 3,074
6 3,027
6 7,040

363

613,632

.156
68,000
533,411
88,000
48,860
130,499
59,866
253,955

8,317
11,512
15,889

6 15,988 612,059

6 4,027
6 4,724
4,659
6, 623

6
6

6 30
6 30
6 30
6 31

6 3,908 6 3,903
6
3, 844 6 3,984
6 3,792 6 3,931
6 7,118 6 7,063

613,417 616, 571 617,099

264

206

236

2,760
313
604
450

2,864
219
603
371

2,950
191
786
322

3,467
199
1,289
422

4,134
265
1,442
485

3,666
244
1,446
523

5,993
1,661
4,332
6,276
830
5,446
6,252

5,925
2,174
3,751
6,144
2,061
4,083
6.109
2,042
4,067
14,886
6,839
8,047

5,231
2,498
2,732
4,819
1,929

5,905
2,937
2,969
5,041
3,019
2,022
5,011
2,997
2,014
15, 804
7,305
8,597

5,876
2,888
2,988
4,970
3, 519
1,451
4,928
3,480
1,447
16, 699
6,565
10,134

5,227
2,058
3,170
4,429
3,333
1,096
4,399
3,309
1,090
17,497
5,289
12, 208

227

220

276

269

334

303
1,540
400

4,200
278
1,986
325

5,209
427
2,370
477

5,396
396
2,984
431

5,571
449
2,866
492

4,151
1,391
2,760
3,002
1,774
1,227
2,964
1,742
1,222
19,358
5,642
13,716

3,147
702
2,445
3,737
1,507
2,230
3,667
1,490
2,177
18, 767
4,836
13,931

1,056
3,643
6,132
1,340
4,792
6,106
1,322
4,784
15, 653
4,156
11,497

4,427
873
3,554
5,510
889
4,622
4,608
14,559
4,137
10,422

5,874
1,297
4,577
5,733
673
5,059
5,705
654
5,051
14,700
4,761

5,172
1,301
3,871
5,657
491
5,165
5,626
467
5,159
14,200
5,571
8,630

815
5,437
14,967
6,743
8,224

19,105
18,694
356
5,578
12,760
34,250

17,836
17,492
233
4,810
12,449
34, 746

18,016
16,267
177
4,054
12,036
36,464

16,406
17,067
187
5,187
11,694
36,051

18,517
18,814
296
5,029
13,489
36,291

16, 024
16,886
428
4,173
12,285
30,710

16,649
17,094
348
2,829
13,917
30,374

3,567
3,509

3,166

3,121
3,887

3,599
3,597
11
384
3,202
3,875

3,021
3,160
3
660
2,497
3,844

4,022
4,141
1
625
3,515
3,731

3,399
3,528
11
492
3,025
3,121

4,422
1,026
1,383
2,012

4,106
1,092
1,281
1,733

4,354
1,346
1,368
1,640

1,018
1,248
1,715

5,015
1,155
1,438
2,422

4,755
989
1,319
2,447

1,291
450

.159
.159
68,000
60,000
574, 594 558,583
90,000 83,000
58,935
47,678
147, 712 140,404
61,045
66,290
275,837 268,889

«28,994

29,772

6 24
&20
6 19
6 37

5
449
2, 646
3,967

33,071
38,433
45,434
46,707
6 20,464 6 21,372 6 28,666 6 29,518
34,874 45,830
34,339
37,050

.132
62,000
611,987
82,000
39,094
164,200
61,692
303, 000

6 24
6 24
*33

13,836

7,055

3,782
256
1,442

*3,234
6 3,839
6 3,783
*6,322

33,921

.127
.131
75,000
63,000
655,000 623,300
89,000
100,000
46,588
49,913
168, 570 186,896
66,794
71,868
312,112 294,610

23,498

32,588

43,655
6 27,437

3,544
401
3,142
3,164
5,200
1,027
1,408
2,765

4,
1,915
2,873
14,957
7,305
7,652

217

8
8
0)

0)
0)

0)
(0
0)
0)
0)

(0
0)

8

a
Discontinued by reporting source.
Revised.
* See footnote marked "t"
t Data for 1934 and for the period January to July 1935 are estimated to represent approximately 97 percent of the industry; for subseauent months the coverage is
estimated to be 81 percent. Previously published data are estimated to cover about 80 percent of the industry for 1929-33, inclusive, and 70 to 80 percent prior to 1929.
# See footnote on p. 37 of this issue. Data for 1933 revised. See p. 20 of the October 1934 issue. For 1934 revisions see p. 20 of the December 1935 issue.
• In October 1933, 4 new companies were included in the report and 1 additional company in January 1934. Since that month, the coverage of the industry is 100 percent. For preceding periods the coverage varied; in 1929 it was 90 percent; in 1931, 80 percent; and in 1933,95 percent, according to the Census of Manufactures. Overlappingfiguresare available for October 1933. See the October 1934 issue for October 1933 data for the smaller number of firms.
* New series. Earlier data not published on total shipments of rubber heels and rubber soles prior to December 1932.
t Revised series. Data on consumption of rubber for tires and tubes revised for 1932,1933, and 1934. See p. 51 of the August 1934 issue. Revised data from September
1930-December 1934—rubber world stocks, world afloat, and afloat to the United States appear on p. 20 of the July 1935 issue; for 1932 revisions for United States stocks, see
p. 50 of the May 1933 issue. See p. 50 of the June 1933 issue for crude rubber imports.
A Coverages of Rubber Association data has varied considerably over period for which data have been shown in SURVEY. Coverage was generally higher in 1934 and
1935 than in earlier years.




1

47, 372

51

SURVEY OF CURRENT BUSINESS

August 1936
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

1936
June

1936

1935

June

July

August Septem- October Novem- Decem- January Februber
ber
ary
ber

March

April

May

STONE, CLAY, AND GLASS PRODUCTS
BRICK
Common brick:
Price, wholesale, red, N. Y.
ddl. per thous_.
Shipments*—.thous. of brick,.
Stocks*
thous. of brick..
Face brick (average per plant):
Orders, unfilled, end of mo.
thous. 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..
Vitrified paving brick:
Shipments*
...thous. of brick..
Stocks*
...thous. of brick..
PORTLAND CEMENT

10.50

9.40
93,608
365,481

342
310
284
2,078

337
350
313
2,107

322
320
300
2,126

600
1,582
206
793
1, 860

1,150
2,077
213
1,901
1,877

1,012
1,974
144
1,873
1,921

7,753

12, 565
86,236

1.667
8,725
39.6
7,632
23,083
6,741

3,898
68.1
3.999
7,792

9.50
95,673
424,737

9.50
73,586
426,550

9.50
56,471
417,482

291
351
277
2,168

294
348
311
2,223

354
322
235

562
147
2,485

747
179
95
2,385

172
66
2,477

0)
(J)
0)
0)

C1)
0)
0)
0)

8

720
44
1,894
2,202

390
2,115
129
1,927
2,164

400
1,399
83
1, 280
2,185

1,225
1,274
33
896
2,451

1,690
486
36
714
2,046

7,965
1,032
29
1,085
2,285

7,928
2,220
186
2,129
1,600

1,753
1,449
143
1,688
1,103

1,380
2,278
137
2,163
1,084

9,173
81, 447

5,115
81, 344

5,454
79, 753

6,178
79,468

4,715
81,191

3,892
79,730

2,052
79, 677

4,856
79,408

1.667
8,021
35.7
7,813
23,287
6,849

1.667
7,235
31.8
8,105
22,415
6,779

1.667
7,173
32.6
7, 799
21,783

1.667
7,510
33.1
8,794
20, 501
5,891

1,667
7,093
32.2
5,976
21, 613
5,607

1.667
5,803
25.6
4,514
22,908
5,226

1.667
3,630
16.1

1. 667
3,154
13.4
3,156
22,971
5,590

1.667
5,263
23.4
7,138
21,126
5,625

1.667
8,519
39.2
9, 089
20, 571
5,328

3, 284
59.6
3,270
8117

3,576
62,4
3,458
8,183

3,825
64.3
3, 748
8,239

3,102
58.7
3,700
7,576

3,616
60.8
3, 569
7,575

3,271
59.4
2,938
7,836

3,059
55.5
2,537

3,114
52.1
2,916

3,047
55.4
3,031
8,410

3,339
58.4
3,434
8,270

3,604
63.0
3,604
8,224

3,810
69.3
3,996
7,942

2,355

1,919

1,743

1,865

2,446

2,485

2,416

1,817

2,261

1,853

2,110

2,381

2,193

2,274
2,171

2,751
1,829

2,828
1,555

2,757
1,591

2,306
2,013

2,680
2,705

2,730
2,672

2,477
2,292

2,749
2,159

1,883
2,148

1,904
1,866

2,109
2,039

2,189

2,250
87.6
4,009

1,814
70.7
5,119

1,567
61.0
5,053

1,920
74.8
4,787

2,088
81.4
3,358

2,584
100. 7
3,450

2,339
91.1
3,618

2,067
80.6
3,735

1,965
76.6
3,753

1,978
77.1
3f 045

1,913
74.5
3,887

2,127
82.9
3,916

2,086
81.3
3,954

16,244

13,163

13,909

14, 526

14,404

16,593

15,909

16,112

17,276

13,857

16,057

19,455

19,192

1, 945
215

1,390
159

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, woodfiber,sanded, gauging,finish,etc
short tons..
For pottery, terra cotta, plate glass, mixing plants, etc...
short tons..
Tile, partitition—
thous. of sq. ftTERRA COTTA
Orders, new:
Quantity
Value

short tons..
thous. of dol..

9.50
9.50
10.50
9.50
44,736 109,641 »154,473 169, 057
405,866 363, 932 '322, 917 332,878

9.50
117,031
423,651

Price* wholesale, composite-.—dol. per bbl.. 1. 667
Production--.
thous. of bbl.. 11,273
52.3
Percent of capacity
Shipments
thous. of bbl.. 12,417
Stocks,finished,end of month.thous. of bbl.. 19,287
Stocks, clinker, end of month.thous. of bbl.. 4,903
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,.
Unfilled, end of month
number of turns..
Production.,
..number of turns..
Shipments:
Total
number of turns..
Percent of full operation.__
..
Stocks, end of month number of turns..
Plate glass, polished, production f
thous. of sq. ft..
GYPSUM*

9.44
9.50
95,940 91,127
381, 532 394,988

9.50
88,324
341,315

5,214

114,934
523,238
188,458

170,613
566, 719
161, 788

124,302
498,765
140,363

416,709

345,826

72,957
62,250
5,642

5,716

205,353

34,814
2,420

38,834
2,716

272, 202
36, 608
2,211

1,706
202

1.667
10,985
48.9
11,121
1
20,431
• 5, 071

57,818
60,361
5,768

235, 111

8,732
« 7, 858
* 76, 073 74, 690

310,448

56,284
73. 990
4,724

0)

355,875
93,338

388,440

C1)

35,892
2,420

934
113

104

42,336
334,369

43,196
335,114

581
76

149

1,509
179

1,906
211

1,105
138

47,223 45, 575 55, 663 45,069
341, 833 341,509 329,489 335,104

31,361
337,465

28,480
330,262

21,952
327,112

713
91

1,027
124

1,050
146

TILE
Hollow building tile:*
Shipments
Stocks.
_

short tons..
short tons..

48,330 « 68, 536 78, 584
318,059 l310,862 312, 213

° Revised.
* Discontinued by reporting source.
• New series. Earlier data not published on illuminating glassware prior to July 1932 (except production and percent of capacity); for earlier data see p. 20 of the June
1933 issue, face brick, machine production. Series on common and vitrified paving brick and tile beginning January 1934 were shown on p. 20 of the June 1935 issue. For
earlier data on gypsum see p. 20 of the January 1933 issue.
% Adjusted for degrading and year-end physical inventories
t Data on plate glass represent the total output of the industry. Complete figures for the months of 1932 were shown on p. 52 of the March 1933 issue, iox 1933 on
p. 52 of the March 1934 issue, and for 1934 revisions p . 56 of the March 1936 issue.
# Monthly series on glass containers for 1934 and 1935 are not comparable with those of earlier years due to increase of number of firms reporting to 44, Shipments of the
44 firms for the year of 1933 amounted to 33,048, 747, compared with 23,511,963 for the 30 firms reporting for the same year. Comparable statistics on shipments for the
companies, now reporting by years, from 1928 to 1933, inclusive, were as follows (in gross): 1928, 31,943,016; 1929, 33,765,896; 1930, 31,905,933; 1931, 31,413,508; 1932, 26,947,949;
and 1933, 33,048,747. Data are not available for this period on production and stocks, nor are monthly figures on shipments available. It may be noted from the trend
of these data that the monthly figures prior to 1934 had a downward bias. Basis of estimating capacity was changed in computing the new series. Data for 1934 revised,
see p. 52 of the May 1935 issue; for 1935 revisions see p. 56 of the June 1936 issue.




SURVEY OF CURRENT BUSINESS

52
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

1935

1936

June

August 1936

June

July

1936

August Septem- October Novem- Decem- January Februber
ary
ber
ber

March

April

May

TEXTILE PRODUCTS
CLOTHING
Hosiery:*
Production—..
thous. of dozen pairs..
Shipments
thous. of dozen pairs..
Stocks, end of month
thous. of dozen pairs..

9,479
8,847

. 7,121
7,513

7,541
6,818

9,001

9,577
10,816

11,574
12,164

10,293
10,231

8,918
8,648

10,099
8,487

9,252
8,662

9,832
10,420

10,201
10,176

9,270
9,379

19,709

19,256

19,938

19,211

17,930

17,299

17,319

17,547

19,160

19,750

19,161

19,186

19,076

556

384

408

449

552

508

498

591

517

549

577

531

287

345

1,135

877

526

406

405

353

352

.109
.114

.112
.117

.112
.117

494

436

380

COTTON
Consumption!
thous. of bales..
Exports:
Quantity, exclusive of linters
thous. of bales..
Ginnings (total crop to end of month)
thous. of bales..
Imports*
thous. of bales..
Prices:
To producer
...dol. per lb._
Wholesale, middling, N. Y
dol. per lb_.
Production, crop estimate.-.thous. of bales..
Receipts into sighti
*._.thous. of bales—
Stocks, end of month:f
Domestic, total mills and warehouses
thous. of bales..
Mills
thous. of bales..
Warehouses
thous. of bales..
World visible supply, total ..thous. of bales..
American cotton
thous. of bales..

280

241

487

712

4,230

7,750
8

.118
.119

.119
.122

1,133
8
.115
.115

.106
.108

.109
.112

.115
.120

233

395

718

2,254

3,136

645
5,893
4,212
2,834

7,865
717
7,149
5,205

12
.114
.120

6 9,758 < 10, 250
*
14
13

10,420
16

20

.111
.119

2,309

.114
.121
/10,638
1,328

9,556
1,074
8,482
7,060
5,807

9,976
1,346
8,630
7,697
6,383

9,814
1,427
8,387
7,768
6.363

9,279
1,435
7,844
7,590
5,918

8,652
1,404
7,248
7,385
5,591

7,905
1,334
6,570
6,825
4,992

7,211
1,190
6,021
6,540
4,574

6,327
1,090
5,237
6,025
4,121

.110
.116

817

5,513
987
4,526
5,423
3,579

4,998
3,253

6,528
789
5,739
4,278
2,790

.271
.373

.301
.415

.415

.299
.411

.300
.405

.312
.408

.323
.415

.321
.415

.299
.415

.290
.415

.278
.393

.274
.385

.271
.385

16,843
14,624

13,657
3,729

14, 566

13,731
3,517

14.128
4,315

15,529
5,876

16,935
5,174

12,466
4,910

15.489
9.489

15,392
8,799

21,745
12,316

19,685
9,836

18,840
8,680

.064

885

COTTON MANUFACTURES
Cotton yarn:
Prices, wholesale:
22/ls, cones (Boston)
dol. per lb_.
40/ls, southern spinning*
dol. per lb—
Cotton goods:
Cotton cloth:
Exportsf
.thous. of sq. yd..
Imports+#
thous. of sq. yd—
Prices, wholesale:
Print cloth, 64 x 60
dol. per yd—
Sheeting, brown, 4 x 4 (Trion mill)
dol. per yd—
Cotton cloth finishing:*
Production:
Bleached, plain..
thous. of yd—
Dyed, colqrs__
thous. of yd..
Dyed, black
thous. of yd..
Printed
thous. of yd—
Stocks:*
Bleached and dyed
..thous. of y d . .
Printedthous. of yd—
Spindle activity:!
Active spindlesthousands..
Active spindle hours, total
millions of hours.
Average per spindle in place
hours..
Operations..
percent of capacity..

.054

.061

.061

.063

.064

.064

.066

.073

.072

.072

.074

.078

,082

90,496
73,531
5,504
70,381

89,164
78,254
6,585
61,842

94,521
84,486
7,282
77,913

93,013
87,921
6,151
86,948

234,457 212,369
96,103
94,012
22,312
22,047
5,155
5,545
171
73.5
185
76.4

195,421

108,000
• 93,000
•4,000
•90,500

188,124 333,991
105,782 115,255
22,957

22,704

7,320
259
111.0

5,102
168
75.0

.056

.055

.053

.051

.075

.071

.070

.067

.065

110,885
102,066
6,499
97,972

102, 292 101,310 97,435
96,507 84,239 87,685
5,399
3,969
4. 554
97, 331 104, 720 100.528

92,807
90,390
4,118
91,860

107,893
101, 739
4,140
95, 274

104,837
103,305
4,087
91, 074

'105,062

199,328
93,795

205,719
95,790

198,508
103,179

183,292
99, 684

187,333
93, 275

191,956
103,419

23,193

23,194

23,391

23,324

23,337

23,176

23,124

22,829

7,445
251
103.8

6,897
233
101.1

6,804
233
103.8

7,714
266
111.9

6,736
233
105.2

7,264
252
108.1

7,320
256
110.9

242
105.2

88,292
22,684
6,184
207
93.9

203, 494 197,107
107,382 105,464

a

•4,364
89, 518

EATON AND SILK
Rayon:
Deliveries:*
Unadjusted
1923-25=100 .
381
464
433
550
583
494
498
473
477
422
433
428
517
Adjusted..
1923-25=100570
477
419
513
462
522
623
487
454
416
446
557
3-mo. moving average of adjusted index
501
1923-25=100..
495
520
514
522
465
468
499
423
420
447
495
107
241
60
509
Importst#
thous. oflb.
39
312
145
392
611
551
Price, wholesale, 150 denier, -"A" grade
.57
.57
(N. Y.)
-_-!.dol. plr lb,.
.55
.55
.57
.57
.57
.57
.57
.57
.57
.57
Stocks, imported, end of month
261
245
239
244
237
238
235
231
229
Sift:
thous. of lb..
44,166 41,715 45,156 48,167 37,012 35,559 38,995 32,053 36,000
Deliveries (consumption)
bales.. .31,437
32, 087
34, 564
6,344
6,708
Imports, rawt#
...thous. of l b . .
5,562
8,218
6,061
5,201
6,365
4,143
6,275
5,518
3,480
4,647
4,066
Prices, wholesale:
1.447
1.705
Raw, Japanese, 13-15, N. Y^dol. per l b . .
1 958
2.092
1.376
2.084
1.597
1.950
1.784
1, 733
1.600
.95
1.00
Silk goods, composite
dol. per yd..
,92
.92
.97
1.00
1.00
0)
0)
X1)
0)
Stocks, end of month:
World visible supplyAbales.. 132, 609 166, 918 167, 754 176, 381 180,180 182,077 185,748 194,941 186,911 175, 380 165, 689 158,498 145, 266
United States (warehouses)
bales.. 35,409 42,018 32,654 37,381 38,680 46,777 51,458 54,941 56,511
53,689
64,680
40,066
1
• Revised.
^ As of Dec. 13.
* As of Jan. 16
/ As of Dec. 1.
Discontinued by reporting source.
• New series. Hosiery compiled by the National Association of Hosiery Manufacturers and estimated to represent 95 percent of the industry. For complete series see
p. 19 of the September 1935 issue. Data on cotton clotb finishing are from the National Association of Finishers of Textile Fabrics and cover practically all the industrycomparable figures are not available prior to December 1933; the production statistics are prorated from data for 4-week periods; stocks are reported at end of each 4-week
period Data on cotton yarn, southern spinning from January 1933-April 1934 will be shown in a subsequent issue. Rayon deliveries from January 1923-April 1935 were
shown on p. 19 of the June 1935 issue; these data are compiled by Rayon Organon.
5 For revisions for crop years 1931-32,1932-33,1933-34, and 1934-35, see p. 52 of the October 1933 issue, p. 52 of the September 1933 issue, p 53 of the October 1934 issue
and p. 57 of the October 1935 issue, respectively.
'
f For revisions of cotton consumption, domestic stocks, and spindle activity for crop years 1931-32,1932-33,1933-^34, and 1934-35, see p 20 of the Februarv 1933 issue
pp. 52 and 53 of the November 1933 issue, p. 53 of the October 1934 issue, and p. 57 of the October 1935 issue, respectively.
§ For 1932 revisions see p. 53 of the June 1933 issue; for 1933 revisions see p. 20 of the September 1934 issue; 1934 revisions are shown on p. 19 of the December 1935 issue.
• See footnote on p. 37 of this issue Data revised for 1933; see p. 20 of the October 1934 issue; data also revised for 1934, see p. 20 of the December 1935 issue.
• Stocks at end of 4-week periods through June 16. July figures are averages for July 14 and Aug. 11. August figure as of Sept. 8. Subsequent data at the end of
succeeding 4-week periods.
t For 1932 revisions see p. 53 of the June 1933 issue, for 1933 revisions see p 20 of the October 1934 issue, and for 1934 revisions see p. 20 of the December 1935 issue.
A This series has been superseded by a new series which excludes stocks held at Milan, London, Canton, and Shanghai. Monthly data from Januarv 1922-JunV lQ^fi
are shown in the July 1936 issue, p. 20.




53

SURVEY OF CURRENT BUSINESS

August 1936
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

1936
June

1935
June

July

1936

August Septem- October Novem- Decem- January Februber
ary
ber
ber

March

April

May

TEXTILE PRODUCTS—Continued
WOOL
Consumption:
Total, grease equivalent basis!
thous. of lb—
Apparel class, scoured basis*..thous. of lb—
Imports, unmanufactured§#
thous. of lb—
Operations, machinery activity:*
Combs, worsted
percent of capacityLooms:
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—.dol. per lb—
Raw, Ohio and Penn., fleeces.dol. per lb—
Suiting, unfinished worsted, 13 oz. (at mill)
dol. per y d . .
Women's dress goods, French serge, 54" (at
factory)
dol. per yd—
Worsted yarn, 2/32s, crossbred stock, Bos*
ton
-dol. per lb—
Receipts at Boston, totalA
thous. of lb__
Domestic
. . . thous, of lb
ForeignA
thous. of l b . .
Stocks, scoured basis, end of quarter:*!
Total..
.
...thous. of lb—
Domestic...
..thous. of lb—
Foreign . .
—thous. of l b . .
Combing
_
thous. of lb—
Clothing
..
thous. of lb—

6
54,533
b

>80,428 * 66,648 * 74,781 * 80,293 » 78,727 » 72,993 » 73,367 * 73,908 h 64,193 6 53,460 & 55, 387 * 46, 593
20,075 * 28,388 * 23,575 » 26,592 > 28,994 » 29,565 * 27,528 » 27,730 6 28,223 6 24,488 < 20,369 b 20, 588 6 17,294
•
17,541
15,932
18,760
20,361
21,952
23,498
18,041
18,467
21,167
21,212
25,298
23,883
17,207
93

115

103

111

113

124

125

108

107

117

88

74

72

48
26
74

50

53
24

60
31

52
33

54
42

53

45
43
90

46
48
90

52
44
90

50
38
80

50
36
76

48
34
76

87
57
.90
.38

25

77

84

44
89

97
67

106

104
83

93

81

73

95
62

96
68

85
59

82
60

87
57

.76
.31

.78
.33

.81
.32

.84
,39

.84
.39

.87
.39

.92
.42

.93
.42

,88
.37

.87
.37

78

85

94
67

103
67

.30

.76
,30

89

72
.75

78

1.782

1.609

1.609

1.609

1.603

1.624

1.708

1.733

1.733

1.733

1.742

1.782

1.782

1.114

1.015

1.015

1.015

1.027

1.040

1.052

1.064

1.064

1.101

1.114

1.114

1.114

1.30
54,421
50,424
3,997

1.08
44,346
41,809
2,537

1.10
72,156
67,598
4,557

1.10
37,957
33,981
3,976

1.11
23,832
19,385
4,446

1.25
18,525
11,803
6,722

1.29
19,214
10,982
8,232

1.30
12,875
5,285
7,590

1.31
17,524
6,410
11,113

1.33
18,581
4,576
14,006

1.33
22,258
4,845
17,413

1.30
20,495
6,071
14,424

1.28
25, 599
21,761
3,838

146,430 «143,488
110,293 «127,733
15,755
36,137
98,307 110,313
48,123 a 43,175

156,689
137,817
18,872
111, 770
44,919

a

113,337
84,401
28,936
69,193
44,144

105,096
° 60,473
« 44,623
• 60,429
a
44, 667

MISCELLANEOUS PRODUCTS
Buttons, fresh-water pearl:
Production
- ....pet. of capacity
Stocks, end of month
thous. of gross..
Fur, sales by dealers! .—thous. of dol..
Pyroxylin-coated textiles (artificial leather):
Orders, unfilled, end of month
thous. linear yd..
Pyroxylin spread
thous. of lb—
Shipments, billed
thous. of linear yd..

50.5
8,061

2,000
4,930
4,608

29.0
8,005
2,331

22.3
7,688
3,195

36.5
7,403
3,421

43 7
7,215
3,092

50.2
7,215
2,158

52.8
7,136
1,193

48.9
7,151
1,224

45 0
7,925
2,493

53.7
7,956
3,761

53.4
7,989
4,045

51.9
8,003
4,053

51 2
8, 046
* 3,545
>

1,974
3,274
3,645

1,898
3,587
3,534

2,176
4,471
4,032

2,589
4,692
4, 412

2,592
5,125
4,616

2,300
4,152
4,084

2,154
3,895
3,845

2,033
3,951
3,715

1,943
3,894
3,876

2,475
5,121
4,689

2,459
5,647
5,118

2,273
5,423
5,013

"109
61
«37

119
51
50
18

136
72
39
25

201
93
84
24

TRANSPORTATION EQUIPMENT
AIRPLANES
Production, total t Commercial (licensed)t
Military (deliveries)
For export

.

number. _
number..
number..
number..

*198
148

35
•15

•176
138
19

112
"17

*124
59

AUTOMOBILES |)
Exports:
Canada:
Automobiles, assembled, total .number..
4,424
6,607
3,931
5,576
£,995
4,829
5,070
7,603
5,515
4,777
3,726
5,222
4,573
Passenger cars
number..
3,438
3,276
5,143
3,643
2,629
3,639
4,100
3,579
4,087
3,537
1,607
3,108
3,945
United States:
Automobiles, assembled, totals
number.. 24,042 26, 270
28,012
30,529
25,026
20,073
12,703
14,580
25,654
26, 053
28,575
25,959
28.920
Passenger cars<?
— n u m b e r . . 14,987
16, 517
14,752
17,736
10,076
5,622
7,471
22,491
15,867
17, 723
16,046
17, 727
18.921
10, 274
Trucks^
number..
9,055
9,753
10, 276
9,997
8,038
7,081
7,109
8, 330
9,787
9,913
10,848
Financing: <>
8
90,191
77,651
Retail purchasers, total
thous. of doL_ 186,525 106,174 113,125 100, 761
74,188
97, 508
88,649
87,169 143, 515 172, 982 176, 316
66,913
60,531
62,661
71,665
New cars_.
thous. of doL. 125,911
46,114
42,179
58, 284
64,605
55,232
94,664 116,297 116, 569
37, 237 40, 274
37,011
Used cars
thous. of dol.. 59,586
30, 716
31,122
31, 868 31, 432 48,044
28,708
81, 906
55, 705
58, 695
2,025
Unclassified
thous. of dol—
1,186
1,089
820
1,028
951
997
887
505
807
1,051
Wholesale (manufacturers to dealers)
thous. of dol.. 174,739 118,732 119,100
39,700
75,907 132,315 149,728 118,872 113,830 154,147 189,481 180, 665
92,918
• Revised.
p Preliminary.
§ See footnote on p. 37 of this issue.
• Since July 1934 report has been on a weekly basis. Data for September and December 1934 and March, June, September, and December 1935, and January and
April 1936 are for 5 weeks; other months, 4 weeks. Figures for July and succeeding months are computed from Census Bureau figures so as to represent 100 percent
of the wool industry; earlier figures incomplete.
• New series. Wool stock series began in June 1934. See p. 20 of the July 1935 issue for earlier data and explanation of new wool consumption series.
• Beginning with the July 1934 report the statistics are reported on the basis of 4 and 5 weeks, the weekly distribution being determined by the Saturdays. The statistics presented herewith are still based on the pre-code computed normal (currently based on the single-shift performance over the 5-year period 1928-32). The current data
represent practically complete coverage of the industry. Since December 1934 no allowance has been made for holidays.
AForeign receipts beginning January 1934 are compiled by U. S. Department of Agriculture and are not comparable with data carried through December 1933. This
results in a total figure which also is not comparable with earlier data.
<| Compiled by the Bureau of the Census and represent stocks of raw wool held by all dealers, topmakers, and manufacturers who usually hold significant stocks of wool.
The figures for the 3 quarters of 1934 have been revised to include the "grade not stated."
t Grease equivalent of shorn wool, plus actual weight of pulled wool. Conversions are based on totals; scoured wool is multiplied by 2 and pulled wool by 1H.
Includes clothing and carpet wools. See note on apparel class wool on p. 20 of the July 1935 issue. As this grease series will probably be dropped in favor of the more accurate
scoured series, it is suggested that those who wish to keep series going have their names placed on Bureau of the Census mailing list for the monthly wool consumption
report, from which can be computed the present data, using formula given.
§ For 1932 revisions see p. 53 of the June 1933 issue, for 1933 revisions see p. 20 of the October 1934 issue, and for 1934 see p. 20 of the December 1935 issue.
< Data revised for 1932, see p. 54 of the June 1933 issue. Data revised for 1933, see p . 20 of the September 1934 issue; and for 1934, p. 19 of the December 1935 issue.
7
|| Index of sales of new passenger cars is shown on p. 26 of this issue
f Data for 1935 revised (airplanes). Revisions not shown above will appear in a subsequent issue. Fur sales revised for 1935, see p. 58 of the July 1936 issue.
® Of the 282 identical organizations reporting originally 8 discontinued financing in January, 2 in February, 2 in March, 5 in June, 1 in July, 2 in August, 1 in September,
1 in October, and 2 in December, 1934.




54

SURVEY OF CURRENT BUSINESS

Monthly statistics through December 1831,
together with explanatory footnotes and references to the sources of the data, may be found
in the 1932 Annual Supplement to the Survey

1936
June

August 1936

1935
June

1936

August Septem- October Novem- Decem- January
ber
ber
ber

July

February

March

38

42

32,120

23,932

52
31, 203

32,753 « 32,542

April

May

TRANSPORTATION EQUIPMENT—Continued
AUTOMOBILES-Continued
Fire-extinguishing equipment: t
Shipments:
Motor-vehicle apparatus — . n u m b e r . .
Hand-type—
numberProduction:
Automobiles:
Canada, total
.numberPassenger cars.number—
United States, totalf
.number..
Passenger carsf •
numberTrucks fnumberAutomobile rims..
thous. of rims—
Registrations:
New passenger carst---number—
New commercial cars*
numberSales:
General Motors Corporation:
To consumers
—.
numberTo dealers, total %
numberU. S. dealers
_
numberShipments, accessories and parts, total*
Jan. 1925=100Accessories, original equipment
Jan. 1925=100Accessories to wholesalers,.Jan. 1925=100—
Replacement parts.
Jan. 1925=100—
Service equipment
—Jan. 1925=100—

56
35,176

54
34,692

47
29,571

38

49

59

65

32,534

28,362

31,556

27,587

53
25, 516

16,400
13,126
454,487
376, 641
77,846
1,876

15,745
12,276
356,340
294,182
62,158
1,428

13,069
9,471
332,109
274,344
57,765
1,339

7,692
5,524
237,400
181,130
56, 270
798

5,323
3,819
87, 540
56,097
31,443
1,052

8,313
7,128
272,043
213,310
58,733
1,654

13,496
12,042
395,059
336, 914
58,145
1,804

13,775
11,370
404,528
343,022
61, 506
1,912

13. 302 13,268
11, 261 10,853
364,004 287,606
298, 274 224,816
65, 730 62, 790
1,261
1,877

17,974
14,488
420, 971
343, 523
77, 448
1,841

24,951 20,006
16,389
20,247
502,775 460,565
417,133 385,507
85, 642 75,058
1,960
2,258

56,000

280,360
48,243

285,178
51,243

233,851
50,355

157,098
41, 390

148,389
43,243

220,262
37,616

237.194
38,000

215,782
43,760

176, 608
40,301

301, 272
61, 817

397,190
57,000

392,750
62,183

137,782
181,188

108,645
167,790
139,021

127,346
124,680
103,098

66,547
39,152
22,986

68,566
127, 054
97,746

136,859
182, 754
147,849

122,198
185,698
150, 010

102,034
158,572
131,134

96,134
144,874
116, 762

181,782 200,117
196, 721 229,467
162, 418 194,695

194,628
222,603
187,119

189,756
217,931
186,146

53

48

119

114

92

105

132

135

135

145

123

149

162

150

102
103
131
82

113
95
138
81

85
126
124
75

98
129
135
91

137
150
141
98

148
147
139
80

155
160
107
73

156
170
114
85

127
160
116
84

160
120
109
97

181
130

150
110
130
113

180,114
1,868
276,535
15.0

179,556
1,861
281, 262
15.3

179,203
1,857
285,320
15.6

178,703
1,851
284,427
15.5

178,125
1,842
273,125
15.0

176,727
1,827
269,984
15.0

175,772
1,817
266,876
14.9

173,507
1,791
256,511
14.6

172,939
1,784
254,598
14.5

172,620
1,780
249,246
14.2

2,222
45,910
10,541
23.0
57
246

2,222
45,883
10,557
23.0

2,219
45,821
10,403
22.7

2, 215
45,686
10,335
22.6
86
221

2,212
45,610
10,187
22.3

2,211
45,565
10,127
22.2

2,206
45,375
9,914
21.8
54
241

2,199
45,179
9,825
21.8

2,197
45,088
9,556
21.2

. 125
104

RAILWAY EQUIPMENT
Equipment condition:
Freight cars owned:
Capacity..
mills, of lb._ 172,152
1,772
Number, total
thousands—
Bad order, total
_
number- 254,447
146
Percent of total in bad order
Locomotives, railway:
Owned:
2,186
Tractive power
mills, of lb—
44,742
Number
9,119
Awaiting classified repairs-number 20.4
Percent of total
91
Installed
_
number184
Retired
number—
Passenger cars:
On railroads (end of quarter)..number._
Equipment manufacturing:
Freight cars:
4,320
Orders, new
cars—
Orders, unfilled, total
cars.. 25,311
E quipment manufacturers
cars _ - 15,907
9,404
Railroad shops._
_
cars—
2,172
Shipments, total
———cars—
2,056
Domestic—..-.
cars..
Locomotives, industrial electric (quarterly):
102
Shipments, total._
—.number.101
Mining use...
—number—
Locomotives, railway:
24
Orders, new
number..
Orders, unfilled, end of month:
Equipment manufacturers (Census),
119
total
—number..
116
Domestic, total.
number.40
Electric
_
number—
76
Steam.
—.number..
Railroad shops (A. A. R.) .-.number..
Shipments:
Domestic, total
number..
Electric
number..
Steam—.
number..
Exports, totalf
-.number..
Electric-number..
Steam...
_
number..
Passenger cars:
Orders, new, placed by railroads
20
number..
Orders, unfilled (end of quarter)
number. .
Shipments, total
numberDomestic
number..

92
119

60
122

41,986

53
108

500

100

2,173

2,013

1,746

7,259
5,841
1,418

427

40
38

17
17

110
7,440
5,775
1,665
29
27

81
284

46
138

40,509

41, 405

5,151
2,427
414
66
66

43
119

810

25

6,432
4,514
1,981
1,281
1,281

4,489
2,798
1,691
1,755
1,754

10,030
12, 715
5,224
7,491
1,912
1,912

2,194
45,009
• 9, 642
21.4
53
132

172,460, «172,341
• 1,776
1,778
253,125 260,013
14.9
14.5
2,193
44,966
9,610
21.4

72,189
44,835
9,389
21.0

9,677
22,964
14,646
8,318
2,514
2,299

60
103

65
196

40,186
1,050
13,315
4,444
6,871

7,236
12, 629
4,052
8,577

627
13,478
5,471
8,007

430
430

189
186

3,650
15,683
7,035
8,648
2,168
2,066

13

15

10

101
95
33
62
12

106
100
33
67
9

746
746

51
50
5
45

0

7

0

0

14

46

45
38
30
8
2

40
34
26
8
2

38
36
24
12
3

37
34
24
10
2

37
34
23
11
5

37
36
33
3
5

84
78
33
45

6
6
0
9
9
0

4
4
0
9

7
2

3
2
1
9
5
4

2
0
2
14
10
4

1
1
0
12
8
4

0
0
0
0
0
0

1
1
0
1
0
1

4
3
1
1
0

5
0
5
3
0

1

3

0

0

0

2

0

0

37

50

0

0
0

0
0

0
0

0
0

5
5

5
5

7

g
13
13

45
45

0
0

ELECTRIC TRUCKS AND
TRACTORS
S4
80
117
78
Shipments, industrial, total-_
number..
115
76
75
100
112
91
QQ
114
103
72
Domestic
number78
74
71
76
74
OO
yy
12
2
8
3
Exports
. ^ — — — number..
6
26
2
4
5
13
• Revised.
• New series. For earlier data see p. 20 of the February 1934 issue for total shipments, accessories and parts, and registrations of new commercial cars.
t Revised series. For earlier data see p. 19 of the August 1933 issue for fire extinguishers and passenger-car registrations; exports of locomotives for 1932; p. 55 of the
June 1933 issue for 1933, see p. 20 of the September 1934 issue, and for 1934 p. 19 of this issue. Data on automobile production revised for 1933. See p. 55 of the August
1934 issue. For revised data for 1934 see pp. 55 and 56 of the June 1935 issue. Data for 1935 and 1936 through March revised. See p. 59 of the June 1936 issue.
• Taxicabs are included in figures for passenger cars, beginning January 1934 in order to avoid disclosure of individual companies.
t United States and Canadian dealers, plus overseas shipment.




55

SURVEY OF CURRENT BUSINESS

August 1936
1936

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

May

1935
June

July

1936

August Septem- October Novem- Decem- January
ber
ber
ber

February

March

April

May

TRANSPORTATION EQUIPMENT—Continued
SHIPBUILDING
United States:
Merchant vessels:
Under construction.thous. of gross tons—
Completed during month,
total gross tons—
Steel
—
total gross tons..
World (quarterly):
Launched:
Number
- ships.
Tonnage
.thous. of gross tons—
Under construction:
Number
ships..
Tonnage
thous. of gross tons.

154

20

31

72

76

77

82

119

119

133

137

154

154

22,040
12,885

5,928
2,189

4,530
957

4,305
45

15,860
8,464

9,266
1,707

4,617
2,660

36, 651
8,017

17,576
10,242

18,429
17,297

20,898
13,386

21,321
8,024

24,442
15,442

' i
135
323

119
263

124
359

148
«394

460

330
1,283

268
1,198

393
1,543

537
1,820

1,951

CANADIAN STATISTICS
Business indexes:*
110.3
Physical volume of business.—1926=100—
Industrial production, total. .1926«• 100111. 6
44.7
Construction t \ A
-1926=100..
220.6
Electric power
1926=100—
111.5
Manufacturing—
1926=100122.9
Forestry
1926=100—
152.5
Mining t
—1926=100106.6
Distribution
1926=100—
76.2
Carloadings
1926=100104.8
Exports (volume) t
1926=100Imports (volume)
-1926=10090.9
Trade employment
1926=100127.8
Agricultural marketing
1926=100.
73.9
Grain marketings
1926=100.
70.3
Livestock marketings
1926=100—
Commodity priees:
Cost of living indexd*
1926=10080.0
Wholesale price index # — — 1 9 2 6 = 10072.3
Employment, total(first of month). 1926=100102.0
Construction and maintenance_1926=100—
87.0
Manufacturing..
^.1926=100103.4
Mining
1926=100132.1
Service
1926=100123.0
127.1
Trade
1926=100..
Transportation—
1926=10085.4
Finance:
Banking:
3,136
Bank debits
mills, of dol
Interest rates
_
..1926=100..
Commercial failures*
.
number..
Security issues and prices:
New bond issues, total t
thous. of d o l - 190,179
Bond yields
percent3.51
Common stock prices, total t.1926=100—
113.8
Foreign trade:
Exports Xthous. of d o l - 79,942
Imports
thous. of dol— 57,598
Exports, volume:
Wheat
thous. of bu.
25,764
Wheat
flour
thous. of b b l 430
Railway statistics:
Carloadings
thous. of cars—
201
Financial results:
Operating revenues
thous. of dol—
Operating expenses
thous. of dol__
Operating income
—thous. of dol—
Operating results:
Freight carried 1 mile.
mills of tons
Passengers carried 1 mile.mills of pass
Commodity statistics:
Production:
Electrical energy, central stations
2,029
mills, of kw.-hr..
Pig iron
thous. of long tons—
56
Steel ingots and castings
82
thous. of long tons..
Wheat
flour
thous. of bbl—

99.2
99.7
41.3
197.4
98.4
105.7
138.4
97.8
70.6
78.7
74.6
122.6
106.1
112.3
78.2

103.0
104.0
55.4
199.4
101.7
100.7
135.3
100.2
75.0
88.2
79.8
122.3
164.7
183.4
80.4

107.9
110.3
66.5
206.2
102.7
311.8165.8
101.3
72.1
107.2
80.5
122.8
163.9
181.2

101.9
102.5
49.3
191.9
100.0
103.7
144.7
100.1
69.6
110.5
77.6
123.6
114.2
119.5
90.2

107.2
109.5
60.7
198.9
105.4
114.5
169.6
100.7
71.0
94.3
85.4
122.8
86.6
86.1
88.7

110.0
113.5
37.0
199.0
118.5
114.8
146.3
100.2
66.8
86.5
93.7
124.1
43.3
36.4
74.3

106.2
108. 8
23.6
197.6
112.5
118.9
160.8
99.3
66.5
78.0
70.2
128.8
34.0
27.4
63.5

105.2
107.0
95.3
197.1
96.1
106.7
144.4
100.3
72.1
100.3
76.3
124.0
39.8
29.5
85.7

104.9
104.9
52.6
196.0
96.2
111.3
186.2
104.8

78.8
71.4
97.6
89.5
98.4
119.2
118.5
119.9
79.9

78.8
71.5
99.5
101.1
98.5
121.5
123.6
122.1
82.7

79.4
71.6
101.1
104.7
99.8
125.2
127.9
120.7
85.4

79.6
72.3
102.7
110.9
100.8
128.6
327.8
121.8
85.8

80.4
73.1
106.1
117.4
103.3
129.5
120.5
123.8
86.4

72.7
107.7
119.9
103.5
132.5
117.1
124.6
84.5

72.6
104.6
95.9
101.4
131.1
116.3
131.0
84.0

80.6

2,710
80.4
109

2,545
80.2
110

2,498
79.7
94

2,426
88.3
98

2,908
85.4
115

3,022
80.8
107

82,243
3.85
93.8

60,311
3.84
92.4

123,263
3.82
94.7

195,994
4.23
93.6

59,399
46,732

64,833
48,414

76,638
49,560

78,846
44,689

6,495
430

9,158
395

377

17,273
396

108.8
109.2
26.8
225.4
106.0
124.0
187.2

78.9
127.3
62.7
53.9
102. 2

103.3
104.1
52.0
209.3
98.7
114.4
158.2
101.3
75.4
92.7
71.4
124.2
89.5
88.3
95.0

107. 7
82.8
123.9
82.7
125.1
115.8
116.8
111.0

109.7
110.6
32.7
214.6
110.3
119.0
170.9
107.1
74.1
113.8
91.5
128.5
110.0
110.6
107.2

80.7
72.9
99.1
74.8
96.8
129.9
118.0
135.9
77.9

80.4
72.5
98.4
74.4
98.5
129.4
116.4
121.6
78.2

80.5
72.4
98.9
78.2
99.5
129.1
117.5
123.1
78.9

79.8
72.2
97.4
71.8
101.1
128.2
118. 5
121.0
73.5

80.1
71.8
99.5
79.4
102. 7
127.4
120.4
123.3
82.8

2,932
82.7
112

2,992
85.5
104

2,767
80.6
131

2,599
77.3
103

2,774
78.5

2,979
76.6

66,724 147,080
4; 09
3.87
96.1
105.8

121,372
3.96
107.4

133,384
4.10
112.9

138,853
3.86
120.7

123,332
3.70
117.4

103,186
3.76
115.9

46,576
3.67
112.8

95,685
55,958

79,245
38,569

64,744
40,590

62,798
41,597

74,582
52,681

57,964
42,217

84,515
59,121

26,575
525

17,044

7,557
314

14,241
340

13,146

6,752
281

27,317
449

193

190

91,323
52, 751
28,919
501

186

195

197

221

251

214

24,049
22,455
691

26,187
22,754
2,442

29,585
23,436
5,380

32,279
23,598
7,730

27,154
20,854
5,290

1,860
134

2,041
157

25,520
23,435
1,134
1,784
185

2,712
137

2,937
108

2,240
101

1,816
45

1,792
51

1,851
54

1,919
54

2,163
46

2,143
65

73
992

992

1,161

91
1,535

95
1,825

94
1,604

444

78.4
103.6

477

173

180

22,234
21,440
<*205

22,597
21,187

1,763
117

1,814
117

71

2,091
61

1,938
56

99
957

100
982

93
1,019

174
26,656
21,333
4.289
1,934
,140

192
25,535
22,465
1,914
2,056
126

26,050
22, 320
2,586
2,081
125

2,164
54
101
1,172

2,083

107
1,009

95
1,196

d
« Revised.
Deficit.
• Statistics in this section, with few exceptions, are from the Dominion Bureau of Statistics, Ottawa.
1[ Data for 1934 revised. See p. 56 of the May 1935 issue.
,
• New series. For earlier data see p . 18 of the February 1933 issue, business indexes, and p. 20 of the October 1933 issue, commercial failures.
t Revised series. See p. 55 of the April 1934 issue, construction and mining, for 1933. Series on common-stock prices revised back to December 1932 as a result of additional stocks being added; for revision see p. 56 of the April 1934 issue. New bond issues revised for the year 1935; see p. 60 of the April 1936 issue.
# Number of commodities changed from 502 to 567 beginning with month of January 1934.
d" Data revised January 1932 through July 1933. Kevision for 1932 see p . 55 of the November 1933 issue. For final revisions for 1933 see p . 56 of the October 1934
issue.
A Data for 1935 revised. For revisions see p. 60 of the May 1936 issue.
% Data on exports, both index numbers and absolute figures revised beginning April 1933 to include non-monetary gold. Revisions not shown in the July 1936 issue
will appear in a subsequent issue.




U. S. GOVERNMENT PRINTING OFFICE: 1936










DEPARTMENT OF COMMERCE
BUREAU OF FOREIGN AND DOMESTIC COMMERCE

ECONOMIC REVIEW
1935

i«s

mmm

'.. IliiAi.tesft

mm^mmmm

^g«

jjlBureau of
:
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|>|fncipal foreign countries, v . D o m e s t
^described i n ^
|oiejigli ar^as^^^^
| ^ imajpr inte^

l^tiidentsV and all others who are endeavoring to keep
|j;;]^|^t>jreast o£' develc>pmehts-:; in these tim^s of rapid axid signi-||n<jan^
| j|ively in t h ^
]|

| ^

[I ||^&ded as an
l^jjtji^p^
ib|^ic section contains 42^^ c^
enacted by Gpngr^ss in 1935 and a^ c^rpjaolpgy of itnpor^^

a^ Be pfetained iirom the Siiperintendent of I)6cumentSi (joVeriliident Pr
||^
N coj>y. A discount of 2 5 percent is allowed to schools and other organizations or individuals
i ? e ^ c o p i e s • t o b e . - i s e n t t o a s i n g l e a d d r e s s . .'•:'.•• • : -v v J: ; i- v""/,;' / Y N - r ' ' : - •" / • ' • • • k - ; ^ : 4 ' ! ^ ^ ' : - : : v ' ' W - : - •-^•.•:••; - ' W . - • ' . ' ; ;