Full text of Survey of Current Business : August 1936
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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 : i ^ ^ i n i c developments'-vjarfcc* ;^|Bi&|t4S.jfc\ :JJOL- •:A-^^1prj^f^|iJT ^j^t^j^Oipi^^" -:.--;::i"".":' |>|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 . - • ' . ' ; ;