Full text of Survey of Current Business : August 1937
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AUGUST 1937
SURVEY
OF
CURRENT BUSINESS
UNITED STATES
DEPARTMENT OF COMMERCE
BUREAU OF FOREIGN AND DOMESTIC COMMERCE
WASHINGTON
VOLUME 17
NUMBER 8
Manufacturers
distributed one-fourth of their total product to industrial and other large users in 1935 . . .
23 per-
cent went to wholesalers and jobbers, 19 percent to
retailers, and 17 percent to wholesale branches.
Approximately two-thirds of all reporting manufacturers sold exclusively through one major channel
. . . nearly one-fourth of the plants sold directly to
household consumers. Distribution expenses represented 9.4 percent of sales but was as high as 15 percent for one industry group.
These facts are from the "Distribution of Manufacturers' Sales", one of the reports issued as a
result of the 1935 Census of Business. A summary of
this report is presented in the article on page 12.
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 1937
Volume 17
Number 8
CONTENTS
SUMMARIES AND CHARTS
Business indicators
Business situation summarized
Graphic comparison of principal data
Commodity prices
Domestic trade
Employment
Finance
Foreign trade
Real estate and construction
Transportation
STATISTICAL DATA—-Continued
Page
2
3
4
5
6
7
8
9
10
11
Monthly business statistics:
Page
Business indexes
Commodity prices
Construction and real estate
Domestic trade
Employment conditions and wages
Finance
Foreign trade
Transportation and communications
22
23
24
25
27
31
37
37
Statistics on individual industries:
SPECIAL ARTICLES
Distribution of m a n u f a c t u r e r s ' sales
Sales of chain drug stores
12
16
STATISTICAL DATA
New or revised series:
Table 28. Construction contracts awarded in 37 Eastern States,
projects, floor space, and valuation, 1936
,
Table 29. Construction contracts awarded in 37 Eastern States,
valuation, public and private ownership, 1932-37
Table 30. Classification, by industries, of new securities effectively
registered with t h e Securities and Exchange Commission, 193337
Table 31. Finished cotton cloth, production and stocks, 1934-37..
Table 32. Tea stocks in t h e United Kingdom, 1913-36
Table 33. Production of manufactured tobacco, by classes, 1934-37.
Table 34. Face brick, shipments and stocks, 1934-36
Table 35. Employment and pay rolls, Pennsylvania and Philadelphia, 1935 and 1936
Weekly business statistics t h r o u g h July 24
18
18
19
19
20
20
20
20
21
Chemicals and allied products
Electric power and gas
Foodstuffs and tobacco
Fuels and byproducts
Leather and products
Lumber and manufactures
39
41
41
45
46
47
Metals and m a n u f a c t u r e s :
Iron and steel
Machinery and a p p a r a t u s
Nonferrous m e t a l s and products
Paper and printing
Rubber and products
Stone, clay, and glass products
Textile products
Transportation e q u i p m e n t
Canadian statistics
General index
48
49
50
51
52
53
53
55
56
Inside back cover
Subscription price of the monthly and weekly issues of the SURVEY OF CURRENT BUSINESS is 31.50 a year. Single-copy price: Monthly, 10 cents; weekly, 5 cents.
Foreign subscriptions, $3. Price of the 1936 Supplement is 35 cents. Make remittances only to
Superintendent of Documents, Washington, D. C.
4514—37-—1
1
SURVEY OF CURRENT BUSINESS
August 1937
Business Indicators
1923-25 = 100, except as noted
INDUSTRIAL PRODUCTION
150
125
100 \
75
50
25
0
RURAL SALES OF GENERAL MERCHANDISE
150
125
100
Adjusted
Adjusted
75
50
25
1 ! 1 1i
1
1 I I 1I I 1
0
11 i i I i 1 1 i i 11 i i i i 1 11 i i i 1 1 1 i 1 1 1 i i i i
DEPARTMENT STORE SALES
FREIGHT CAR LOADINGS
125
100
75
A djusted
50
25
0
1 1 1 1 1 1
FACTORY EMPLOYMENT & PAYROLLS •
I
i 1 1 i i 1 i i i i i 1 1 1 i i i 1 11 i i i 1 11 i 1 1 1 1 i i i i
CASH INCOME FROM FARM MARKETINGS
Ad/us ted
i 11 i ' i 11 i i 11 i i i i I i i i i i I 11 i i i 1 1 1 i i i
CONSTRUCTION CONTRACTS AWARDED
125
100
75
50
125
100
TOTAL (Adjusted)
75
50
25
0
25
0
*****
i i iT*ri i.
FEDERAL RESERVE MEMBER BANK LOANS
150
125
100
150
125
100
1 11 I 1 M
50
Of 1 1 I 1 1 1 I
1930
1935
ADJUSTED
i
!,,,,, i,,,,, 1,,,,, i,.,, ,f
^ 3 5 J936 1937
FOR SEASONAL
NOTE
VARIATION
i n d e x e s a r e based
on dollar
REVISED
\
T
i i i i i ii
figures, except
industrial
P/?O£>(/CTS
i 111 i I i 11 i i 111 i i i I 11 i i i 1111 11 I 11 i i i
BANK DEBITS OUTSIDE NEW YORK CITY
z
of i iiii ii
1935
1930
^ REPORTING MEMBER
11111111111111111111111111111111111
WHOLESALE PRICES
75
50
75
25
0
j^K*~*s
BANKS
mill
1935
1 9 2 9 - 3 1 = 100
production, freight-car
loadings, and f a c t o r y
liMnliiMiliiMilimif
1936
1937
1924-29=100
employment
DD
3039^
SURVEY OF CURRENT BUSINESS
August 1937
Business Situation Summarized
USINESS activity has been maintained at a relaB
tively favorable rate through July, the recent decline having reflected principally seasonal influences.
Since seasonal tendencies were overcome a year ago by
the strong cyclical expansion then under way and by
the stimulus afforded as a result of the payment by the
Government of the adjusted compensation certificates
held by war veterans, relative gains over a year ago
narrowed in June and July.
The movement of the seasonally adjusted index of
industrial output during June and July has been influenced to a considerable extent by the fluctuations
in the iron and steel industry. With the termination
at the end of June of the industrial dispute which tied
up production facilities of an important sector of the
industry, the output of steel rose sharply. Automobile
production declined in June, after seasonal adjustment,
and receded further in July. Declines in activity
have occurred also in some other important metal consuming industries but in others—machinery and railroad equipment, for example—manufacturing operations have been well sustained. Lumber output has
increased, although the use by wood-consuming industries has not kept pace recently with production,
judging by the shipments from the mills. Among
the consumer-goods industries the June high light
was the rate of activity in the petroleum refining and
t e x t i l e industries. Refinery operations r e m a i n e d
high in July, but the weekly estimates of cotton
consumption indicated some moderation of textile mill
activity.
The number of persons at work in the manufacturing
industries dropped more than seasonally in June, partly
due to labor disputes. The number of persons involved
in disputes during April, May, and June was higher than
in the earlier months of the year, but this number
declined in July. It is worthy of note that the workers
involved in labor disputes in the first 6 months of the
year averaged less than 1 percent of the total number
engaged in nonagricultural pursuits. Furthermore,
these individuals were idle for a period of less than 10
days on the average, or little more than one-third of a
month each.
Retail sales of general merchandise have held at a
fairly even pace, after allowance for the normal seasonal
decline. Trade in farm areas has been strengthened
by the favorable prospects for this year's harvest, the
benefits of which are flowing to farmers as the crop
movement gets under way.
After 3 months of declining markets, stock prices
moved sharply higher in July, reflecting the relatively
favorable pace of summer business, crop prospects, the
earnings reports covering the second quarter, and the
reappraisal of the labor outlook.
MONTHLY BUSINESS INDEXES
Industrial production
Unadjusted 1
Adjusted >
Factory em Freight-car Eetail sales,
Foreign
ploy merit
trade, value,
value,
and pay rolls loadings
adjusted * adjusted >
MerTotal chandise,
I. c. 1.
li
Year and month
I
21
ii
2
l
I- 1!
a
192931=100
3
«
Monthly average, 1923-25=100
125
59
91
84
86
127
58
92
84
84
116
62
83
86
97
125
59
91
84
87
127
58
93
83
85
114
64
85
87
99
105.7
62.8
70.7
85.2
83.7
111.2
43.5
48.1
66.0
67.4
109
49
61
64
64
105
70
68
65
63
113
68
67
73
79
127.4
64.3
65.7
72.3
99.7
116
34
36
50
50
115
36
40
44
51
133.8
65.4
65.7
74.8
80.1
126
27
18
26
30
104
105
106
107
111
115
114
105
105
106
107
110
115
114
101
102
104
110
115
115
111
104
108
108
109
110
114
121
105
109
110
110
111
115
121
100
101
99
102
105
112
117
90.4
92.8
93.4
93.8
94.4
96.2
98.6
81.1
80.2
83.5
83.6
89.0
90.7
95.2
73
76
76
75
77
82
83
65
66
67
67
66
67
69
87
91
111.5
114.7
111.9
123.6
127.1
122.6
131.0
55
54
51
55
57
52
57
62
65
62
70
64
61
76
95.7
94.4
86.7
89.1
102.1
93.7
117.8
52
59
62
59
57
58
112
117
122
122
122
115
113
118
122
124
123
115
105
111
118
105
117
118
114
116
118
118
118
115
115
116
117
118
118
114
109
115
128
115
116
115
98.8
99.7
100.9
101.6
102.1
101.6
90.7
95.8
101.1
104.9
105.2
102.8
80
82
83
84
80
78
67
68
69
69
69
67
106.7
103.7
126.2
121.2
127.1
124.4
57
67
67
75
81
79
74
87
86
82
86
93
103.3
89.3
109.5
101.6
97.8
101.5
123
71
85
89
100
118
125
71
84
89
100
119
111
75
87
90
99
112
103.9
64.5
83.2
84.6
88.4
100.4
110.0
41.8
64.0
69.2
77.7
100.1
103
52
62
61
68
78
104
65
66
64
63
68
112.0
54.1
71.2
87.3
97.0
108.9
115
30
45
45
51
67
118
31
45
52
60
87
135.5
56.7
69.5
76.8
88.3
100.5
1
h
C3
Monthly average, 1923-25=100
* Adjusted for number of working days.
Cash farm
income 3
!
3
ji
1929: J u n e
1932: June
_.
1933: June
1934: June
1935: June
1936:
June.
July.
August
September
October
November..
December
_.
1937:
January
February
March
April
May
June
M o n t h l y average, Janu
ary through June:
1929
1933
1934..
1935
1936
_.
1937
9
101
58
68
70
77
85
Adjusted for seasonal variations.
8
125
17
35
28
52
60
p
c
Monthly
average,
1924-29=100
85.0 94.0
34.0 39.0
52.0 70.0
50.0 66.0
53.5 62.0
Monthly
average,
1926=100
95.2
63.9
65.0
74.6
79.8
69.5
84.0
75.0
89.0
104.0
88.5
86.0
80.0
88.0
74.5
77.5
76.0
77.5
78.5
79.2
80.5
81.6
81.6
81.5
82.4
84.2
75.5
59.5
70.5
69.0
68.0
71.5
75.0
70.5
81.5
89.0
78.0
84.5
85.9
86.3
87.8
88.0
87.4
87.3
89.3
40.5
48.3
53.8
61.6
69.0
From marketings of farm products.
95.5
61.5
73.5
79.6
79.7
87.1
SURVEY OF CURRENT BUSINESS
August 1937
Graphic Comparison of Principal Data
I FIRST
6 MONTHS
VZZZZX REMAINDER OFYEAR
BANK DEBITS OUTSIDE NEW YORK CITY (BILLIONS OF DOLLARS)
5O
IOO
J5O
2OO
25O
300
35O
JO
12
1937
J929
CASH INCOME FROM FARM MARKETINGS *(BILUONS
o
2
A
6
OF DOLLARS)
8
1937
1936
1935
1934
1933
1929
CONSTRUCTION CONTRACTS AWARDED (BILLIONS OF DOLLARS)
1937
1936
l Q 3 *}
STEEL INGOT PRODUCTION (MILLIONS OF TONS)
30
40
50
60
I5
6
5O
60
AUTOMOBILE PRODUCTION (MILLIONS OF CARS)
c)
1937
1936
1935
1934
1933
1929
>
i
\
t-
*
//////////A
FREIGHT CAR LOADINGS (MILLIONS OF CARS)
IO
20
30
1937
1936
1935
19341933
1929
INCLUDES BENEFIT PAYMENTS BEGINNING AUGUST 1933, AND AGRICULTURE CONSERVATION PAYMENTS BEGINNING OCT. 1936
0.0.9 O 28
SURVEY OF CURRENT BUSINESS
August 1937
Commodity Prices
HE recession in the Bureau of Labor Statistics7 dairy products advanced sharply, as did those of steel
weekly combined index of 784 commodity wholesale scrap, tin, raw silk, and hides, but grains fluctuated
price series, which continued through nearly all of the violently with changes in weather and crop prospects.
The Bureau of Agricultural Economics indicates that
second quarter, was checked in the latter part of June by
an advance which extended through the first half of July. the level of prices received by farmers was higher in
The rise of the combined index during the first quarter of mid-July than a month earlier. Prospective smaller
1937 had been the result of substantial advances in the world supplies of wheat and improved demand are
indexes of all three of the component economic classes— among the factors tending to strengthen prices for the
finished products, raw materials, and semimanufac- United States crop.
tures—but the downward movement during the second
The National Industrial Conference Board cost of
quarter was due to declines in the last two classes, and in living index was only slightly higher in June than in
spite of a slight advance in prices of finished products. May. Eetail prices of food declined 0.2 percent; prices
Although the index of "all commodities other than of coal and sundries remained stationary, but prices of
farm products" moved almost horizontally throughout clothing rose 0.3 percent and rents 0.6 percent.
the second quarter, numerous commodities in this group
Eetail prices of department store articles advanced
experienced sharp reactions, includingnonferrous metals, for the twelfth consecutive month, being 0.4 percent
steel scrap, crude rubber, and textile fibers, as well as higher July 1 than June 1 and 9.2 percent above July 1,
certain foods. Among the farm products, prices of 1936, though they were about one-fifth below the 1929
some commodities, notably steers and hogs, moved level, according to Fairchild's index. Every major clascontrary to the general trend during the quarter.
sification advanced during the month, women's wear and
The upward movement in prices during the first home furnishings showing the greatest gains. Home furhalf of July embraced commodities in all three of the nishings and piece goods show the greatest advances since
economic classes. Prices of steers, hogs, meats, and the beginning of this year and also over the 1936 lows.
T
INDEXES OF COMMODITY PRICES
Wholesale Prices (U. S. Department of Labor)
Groups and subgroups
Economic classes
-i
£2
II
0.
1
I
58
is
II
T3
Tear and month
Retail prices
_
June...
_
Monthly average,
through June:
1929....
1933
1934
1935
1936
1937
_.
January
. .
SB|
95.2
63.9
65.0
74.6
79.
95.0
70.0
69.0
78.2
82.2
96.6
53. 2
56.2
67.3
76.4
92.4 103.3
57.6 45.7
65.3 53.2
72.9 63.3
73.9 78.3
91.0
37.7
57.4
72.4
76.9
79.2
80.5
81.6
81.6
81.5
82.4
84.2
80.7
81.6
82.4
82.3
82.0
82.6
83.8
77.6
79.8
81.5
81.8
82.1
83.1
85.6
73.9
75.2
75.6
75.9
76.2
78.6
82.3
78.1
81.3
83.8
84.0
84.0
85.1
88.5
85.9
86.3
87.8
88.0
87.4
87.2
84.9
85.4
86.4
87.4
87.5
87.7
88.1
88.3
90.1
88.7
87.1
86.1
85.4
85.5
89.6
89.5
87.5
86.8
91.3
91.4
94.1
92.2
89.8
88.5
95.
61.
73.5
79.6
79.7
87.1
94.7
66.7
77.2
81.8
81.5
86.6
97.5
51.3
65.6
77.0
77.
88.1
94.3 104. S 95.4
59.0 45.
42.8
73.6 60.6 64.1
72.4 79.1 84.5
74.4 77.3 75.1
87.4 91.2 112.8
1
ill II U
.so©
107.9
70. 8
82. 4
87.1
88.9
94. 6
74.7
73.4
82.0
80.5
101. 2
79.9
79.3
87.7
86.9
90.1
52.7
61.5
72.7
70.1
Dec.
Mo.
Mo.
Mo.
average, average, average, 1930
1923 =
1909-14 1923-25 (Jan. 1,
100
= 100
= 100 1931) =
100
82.4
99.4!
14:
103.7
64.2!
77.6
58
67.6
75.1
60. 81
73. 1
71
64.9
72.3
86
70.2
79.2
73.5
88.2
68.4
82.6
104
81.5
85.7
76.1
76.2
76.3
76.1
93.8
93.4
93.6
94.6
95.6
97.0
76.5 99.7
81.4
81.2
81.4
81.7
82.0
82.3
83.2
86.2
86.9
87.1
86.8
86.9
87.
89.6
69.7
70.5
70.9
70.9
71.6
73.5
76.3
69.7
71.0
71.5
71.3
71.5
73.4
74.5
85.1
85.2
85.6
85.9
85.7
85.8
86.1
10'
115
124
124
121
120
126
83.8
84.0
84.0
84.3
82.8
82.5
82.9
87.9
88.1
88.5
89.3
90.0
90.8
91.7
87.7
87.8
87.5
86.9
84.5
83.6
76. 6 101. 7
8 102.7
1.2
76.
76.8 106.3
7. 26 106. 7
77.5 106.4
86.5
87.9
88.4
89.0
89.3
89.5
90.
91.7
96.0
96.5
95.
95.9
77.5
77.5
78.3
79.5
78.7
78.3
76.2
77.3
79.5
81.1
80.5
79.4
86.9
87.2
87.9
88.3
88.8
88.9
131
127
128
130
128
84.6
84.5
85.4
85.6
86.
86.3
93.0
93.7
94.5
95.2
95.6
96.0
83.0
62.7
72.3
73.1
76.0
76.9
0
72.3
81.5
80.7
81.5
88.4
101.. 3
77.8
87.4
86.1
86. 5
94.5
91.6
53.9
75.3
69.8
70.5
78.3
99.4
72.1
5.4
80. v
79.0
86.3
59.5
69.1
69.3
68.6;
79.
144
61
82
108
106
128
102.2
61.7
72.4
80.2
80.9
85.5
70.5
89.0
86.3
88.1
94.7
M o n t h l y average, 1926=100
1929: June
1932: June
1933: J u n e . . .
1934: June
1935: June
1936:
June
July
August
September
October
November..
December
1937:
January
February.March
April
May...
u
Middle of month.
99.1 i l l l . 5
58.8: 56.0
61.2 52.4
69.8 62.2
94.5
91.9
70.1
68.9
78.2
78.0
95.2
70.8
74.7
87.8
85.3
93.4
73.1
73.7
75.6
80.7
84.5
71.6
61.5
72.8
74.2
73.0
88.9
102.4
102.0
102.1
102.9
109.0
79.9
81.4
83.1
83.3
82.6
83.9
85.5
85.1
84.9
86.4
87.3
84.4
85.2
87.2
78.8
79.5
79.7
79.6
80.1
81.0
82.2
85.
86.7
86.9
87.1
87.3
87.7
89.5
78.0
79.4
79.8
81.7
82.2
82.5
85.3
113.0
111.5
113.2
119.2
113.9
105.7
87.1
87.0
87.5
85.5
84.2
84.7
90.
90.3
92.0
94.9
95.9
98.0
83.4
84.1
85.5
86.5
86.3
86.1
91.3
93.3
95.9
96.7
97.2
96.9
98.4 108.5
56.8 50.9
66.9 56.4
82.7 91.2
80.8 89.7
86.0 93.6
91.9
66.6
78.5
77.5
78.9
85.3
95.9
71.1
86.9
84.9
85.6
95.21
2
108.8
72.3
88.6
86.9
95. 1
104.7
94.
Index is as of the 1st of the following month.
7&7
82.2
83. 8
88.0
m
SURVEY OF CURRENT BUSINESS
August 1937
Domestic Trade
sales of general merchandise have experiR^ETAIL
enced a seasonal decline in recent weeks, while
sales of automobiles have dropped by more than the
estimated seasonal change. Comparisons of sales
results with those of the corresponding period of 1936
show a smaller rate of gain than in the earlier months of
the year, as sales in June and July a year ago received
a sharp stimulus from the distribution of funds to World
War veterans in prepayment of their adjusted service
compensation certificates. This direct increase in purchasing power through the issuance of Government
obligations was reflected promptly in retail trade, and
particularly in sales of automobiles. Furthermore, the
trend of business activity generally was strongly upward
at this time last year whereas in recent months business
has maintained a fairly steady pace at a level well
above that prevailing in the corresponding period of
1936. This smaller rate of increase in sales has been
evident in rural as well as in urban areas, and two of the
more important monthly series—passenger car and
chain grocery store sales—recorded declines in June in
comparison with the corresponding month of 1936.
June department store sales dropped by the estimated
seasonal amount, the adjusted index remaining unchanged for the fourth consecutive month. The
Nation-wide increase in sales over June 1936 was 7 percent, the variations by reserve districts being from no
change in the Dallas district to a gain of 13 percent in
the Chicago and 12 percent in the Cleveland districts.
Sales of general merchandise in rural areas were off
moderately in June from the May results, but farm
purchasing power remains relatively high, with favorable crops being moved to market at good prices.
Farm income from marketings in June exceeded last
year's total by $17,000,000, or about 3 percent, despite
the unusual rise in income in June 1936 occasioned by
the drought which resulted in higher prices and an
acceleration of marketings.
Sales of new passenger automobiles in June dropped
more than seasonally, the adjusted index falling to a
low for the year. Sales of cars usually decline sharply
during the summer months, the period of preparation
by the manufacturers for the change to new models.
A year ago the active selling season was prolonged by
the payments to the veterans.
Wholesale sales in June compared favorably with those
of May, according to the sample data gathered by the
Bureau of Foreign and Domestic Commerce from the
trade. The increase over the corresponding month of
1936 for the 1,105 reporting concerns was about 15 percent, a larger relative gain than was reported for May.
Aggregate dollar sales of more than 500 manufacturers, which are also assembled monthly by the Bureau,
were lower in June than in May but the drop was mainly
the result of the falling off of business in the iron and
steel classification. Sales in numerous other industries
held up well, but showed a narrowing rate of increase
over a }^ear ago.
DOMESTIC TRADE STATISTICS
Wholesale
trade
Retail trade
Department stores
Sales
Unad- Adjust- justed »
ed i
Tear and month
Chain-store sales
ComStocks s
bined Variety stores
Unad- Adindex Unad- Adjust- just- (Chain just- justed »
ed
ed » Store Age) ed^
Avg. same
mo. 192931 = 100
Monthly average, 1923-25=100
1929:
1932:
1933:
1934:
1935:
1936:
1937:
June..
June
June
June—,..
June
108
66
64
70
76
June...
July
August...
September
October
November
December
_
113
68
67
73
84
63
68
94
100
105
161
January
February.__
March
April
May
June
.
Monthly average, January through
June:
1929
1933
1934
1935
1936
1937
. .
101
58
.
85
1
Adjusted for number of working days.
?J
!
Pay
rolls
Monthly average, 1929=100
99.2
98.6
75.6
63. 5
73.9
53.7
82.3
62.8
82.1
64.6
Monthly average, 1929-31=100
100. 9
77'.4
79.1
86.3
86.1
106.3
81.5
83.2
90.8
90.7
120.4
60.8
62.1
68.3
94.2
127.4
64. 3
65.7
72.3
99.7
183. 2
56.5
65.2
84.6
104.9
141.5
42.5
49.0
63.5
78.5
108.0
109.6
109.0
110.0
109.5
111.0
113.0
98.8
97.2
86.5
97.8
100.4
104.5
195.7
104.0
109.2
97.7
102.4
98.9
103.0
106.1
105.4
88.3
96.2
122.3
155.1
150. 8
186.1
111.5
114.7
111.9
123.6
127.1
122.6
131.0
139.3
117.3
92.9
71.0
56.5
113.1
130.4
109.5
104.5
92.0
83.0
85.5
151.0
175.0
84.6
85.4
86.3
88.0
89.0
89.7
91.0
68.4
69.0
69.7
70.5
71.5
73.1
72.8
106.4
110.0
108.6
110.0
112.0
114.0
70.3
81.3
97.1
89.0
98.3
100.0
94.4
97.4
103.3
96.2
98.3
105.3
93.8
117.4
116.4
119.4
117.5
106.7
103.7
126.2
121.2
127.1
124. 4
90.1
85.5
146.5
141.3
144.6
132.9
129.5
139.5
123. 5
102.5
103. 9
98.0
79.9
71.1
81.5
81.0
85.5
89.3
94.0
I
i
Employment
83.9
91.5
96.3
98
65 :
63 I
Rural sales of New passengeneral mer- ger-car sales
chandise
Unad- AdUnad- Adjust- just- just- justed «
ed^
ed i
ed »
90.8
94.5
101.7
110.2
2
112.0
87.3
97.0
108.9
Adjusted for seasonal variations.
165. 3
43.:
64. 6
90. 7
112.1 1
123 5 '
|!
!
Commercial
failures
Failures
Number
Liabilities
Thousands
of dolls.
1,596
992
944
31, 697
20, 591
12,918
773
639
655
586
611
688
692
9,177
9,904
8,271
9,819
8,266
11,532
12, 288
90.7
92.0
92.1
91.9
90.8
72.6
811
74. 1
721
75.0
820
75.4 ! 786
76.1
834
76.2
»70
8,661
9,771
10, 922
8.906
8, 364
S, 191
98.0
97,
54.5
62.0
64. 6
67.8
74.9
51, 709
22, 343
14,828
14,519
9.136
81.8
83.4
85.2
91.3
s End of month.
1,060
1,012
SS6
SURVEY OF CURRENT BUSINESS
August 1937
Employment
MPLOYMENT in the manufacturing and nonE
manufacturing industries surveyed monthly by the
Bureau of Labor Statistics declined slightly in June,
mainly as a result of the drop in the number at work in
manufacturing industries. Increased employment predominated in the nonmanufacturing industries. The
employment shifts were accompanied by a moderate
decline in pay rolls. The Bureau estimated that
nearly 1,400,000 more workers were employed in these
reporting industries in June than in June 1936.
Factory employment declined more than seasonally
in June, the adjusted index dropping 0.6 of a point to
101.6 (1923-25 = 100). Factory pay rolls dropped 2.3
percent from May to June. Strikes in the steel
industry had an important influence on the decline in
factory employment and pay rolls.
Of the 45 durable-goods industries included in the
Bureau of Labor Statistics' tabulation, 24 showed
declines in employment in June as compared with May.
The recessions were generally small, except those in
blast furnaces, steel works and rolling mills, and in
plants producing bolts, nuts, washers, and rivets.
Several industries reported seasonal gains, the sharpest
being that for the radio and phonograph industry (32
percent). Gains up to 3 percent were recorded in the
aluminum, tin can and other tinware, structural metal,
machine tool, and cement industries. For the durablegoods group as a whole, the net decline amounted to
about 1 percent.
In the nondurable-goods industries, the recession in
the total number at work was of about the same proportion as in durable-goods industries. Among the
industries in this group, 17 reported gains in the number at work, and the remaining 27 reported declines.
Manufacturers of food and kindred products were the
principal ones showing marked gains in employment
over the month interval, and these were largely seasonal
in character. The sharpest declines, which were also
partly seasonal, included the fertilizer industry and
various branches of the textile and wearing-apparel
industry. Other declines reported included those for
the rubber boot and shoe, rubber goods other than
footwear and tires, and sugar-refining industries.
In contrast with the change in the manufacturing
industries, 13 of the 16 nonmanufacturing industries
reported employment gains in June as compared with
May. The largest relative gains were in dyeing and
cleaning, laundries, and building construction, in which
increases in employment are customary at this season.
Employment in metalliferous mines continued the
virtually unbroken succession of increases which have
been reported each month since July 1935.
Increased pay rolls also were shown in 13 of the nonmanufacturing industries in June, including a 1.1 percent gain for the important retail-trade field. The
largest relative increase was in anthracite mines where
the settlement of labor difficulties brought increased
output and pay rolls.
STATISTICS OF EMPLOYMENT, PAY ROLLS, AND WAGES
Nonmanufacturing employment and pay rolls
(U. S. Department of Labor)
TradeElectric light Telephone
union
Bituminous
Anthracite
and power
Pay
and teleEmployment
Eetail trade memand
manumining
coal
mining
graph
rolls
factured gas
bers emTear and month
Em- Pay Em- Pay ployed
EmEmEmUnad- Ad- Unad- ployPay
ploy- Pay ploy- Pay ploy- rolls
ployjusted justed 1 justed ment
ment
ment rolls
roils
rolls ment rolls ment
i Percent
Monthly average,
j of total
Monthly average, 1929=100
1923-25=100
; members
Factory employment
and pay rolls
1929: June
1932: June
_
1933: June
1934: June
1935: June
1936:
June
July
August
September
October
November
December
1937:
January
February
March
April.
May
June
Monthly a v e r a g e
January t h r o u g h
June:
1929
1933
1934_
1935
1936
1937
100.4
80. 5
69. 9
77.8
79.8
101.5
79.9
09.2
70.4
70.2
100. 0
£2. 1
66. 6
71.3
74.4
75.7
75.5
76.9
78.2
81.1
82.3
83.9
61.5
62.6
65.4
71.0
79.2
80.7
85.0
90.4
91.7
93.1
93.5
94.0
93.5
93.2
88.1
89.8
89.8
91.4
92.7
91.8
93.8
72.1
73.1
73.5
73.7
73.8
73.7
73.6
77.4
79.9
81.2
78.8
83.1
81.6
82.4
85. 5
83.2
82.4
86.6
88.7 j
90. ]
99.6
42.7
41.0
37.8
63.9
44.4
50.9
84.6
84.8
85.9
72.6
77.8
78.1
79.9
82.4
88.4
54.4
67.8
73.0
92.1
92.0
92.2
92.9
94.4
96.4
92.3
93.3
94.5
95.2
97.6
83.6
82.2
87.2
86.3
89.5
88.5
85.4
85.2
88.5
88.8
89.9
90.4
68. 0
67.9
70.5
71.9
73.2
loo. i I
74.4
74. S
75.4
76.6
77. 7
78.5
96.9
41.8
65. 1
54.4
50.1
46.8
102.1
65. 5
75.9
78.4
78.3
80.6
100. 4
31. 1
54. 3
58.
67. 6
74. 3
95. 6
95.3
71.0
76.0
79.1
SO. 1
93. 5
97.6
72.2
70.1
70.0
70.8
76 2
97.3
69. 7
(39. 8
73. 9
97.6
71. 7
81. 5
81. 1
88. 0
88. 0
97.3
51. 8
GO. 3
61. 1
f 4. 1
71 0
105. 7
62. 8
70.7
85.2
83.7
111.2
43.5
48.1
66. 0
67.4
92.9
53.0
39.5
57.5
56.8
80.7
37.4
34,3
53. 3
66.0
94.7
60.5
61.3
76.7
77.9
90.0
90.1
91.2
93.5
95.5
96.7
96.9
98.1
90.4
92.8
93.4
93.8
94.4
96.2
98.6
81.1
80.2
83.5
83.6
89.0
90.7
95.2
51.2
48.4
41.1
47.6
49.9
51.5
54.8
42.0
37.2
31.4
34.9
48.5
40.3
55.4
96.5
99.0
101.1
102.1
102.3
101.3
98.8
99.7
100.9
101.6
102. 2
101.6
90.7
95.8
101.1
104. 9
105.2
102.8
54.1
52.7
48.9
54.0
51.0
51.1
110.0
41.8
64.0
69.2
77.7
100.1
101.2
50.0
62.4
56.9
54.8
52.0
103.9
64.
83.2
84.6
88.4
100.4
Adjusted for seasonal variations.
29. 2
55.1
64.7
100. 7
83.2
77.3
84.0
83.9
105. 4
62. 5
70.2
84. 9
83.2
7 7 *?•
82'4
82.8
87. 7
93.3
99. 3
76. 3
73.2
82 6
82.2
99. 8
62.7
52 2
Dollars
Common
labor
rates
(road
building^
Cents
per
hour
2>. 59
10. 16
IS. 58
20. 71
21.51
GT! 4
C2. 5
66.4
65,1
64.4
66.6
68.3
70. 1
Wages
Factory
(National Industrial Conference
Board)
Average Average
weekly hourly
earnings
83
83
86
87
88
88
86
24.45
24. 20
24.76
25.18
25. 51
25. 98
26. 63
.617 !
.617 |
.619
.619
.619
.624
.637
42
42
41
42
42
41
39
85
86
87
S8
80
89
26.11
26. 68
27. 50
28. 03
28.36
28. 35
.638
. 642
. 659
. 685
39
28. 70 i
10. ?:2 j
. '88 !
. -158 ;
2?!5! !
1 670
. ''i8(J
. 705
SURVEY OF CURRENT BUSINESS
8
August 1937
Finance
S
TOCK prices, which declined in June for the third
consecutive month, rose, sharply during July with
the volume of trading increasing after the exceptionally
small turnover in June. Bond prices were firm during
July under continued light trading. New capital issues,
which increased in June primarily as the result of the
offering of a few large issues, were very small in July
in spite of the improvement in stock market prices.
Reports of corporation earnings for the first half of 1937
revealed a considerable improvement, with the profits of
a representative group of large corporations rising to
a level approximating that for the first 6 months of 1930.
Among hanking statistics covering the first 2 weeks
of July, the further rise in the commercial, industrial,
and agricultural loans of the reporting member banks
was of major interest. The excess reserves of member
banks were estimated at $870,000,000 on July 21, as
compared with $752,000,000 on June 16, this increase
being partly the result of a decrease in reserve requirements and partly the result of disbursements of Treasury balances with Federal Reserve banks.
Gold continued to flow into the United States during
the first half of July. Engagements for American account in the London market since July 9 have been
negligible, however, because of a rise in the effective
London price for gold to a point which made shipments
to the United States unprofitable. This development,
which checked the heavy movement of gold from London to New York, resulted from an advance in sterling
against dollars great enough to offset the fall in the
sterling price of gold and reflected an apparent tendency
for funds to flow from this market to London. The
gold-import movement from Japan, in progress since
March, continued during the first half of July, and
additional heavy engagements for shipment to the
United States were reported.
Imports of gold in July produced a further increase
in the inactive gold account in the Treasury, which
reached $1,213,000,000 on July 19. On the following
day, a decrease was reported for the first time since the
policy of segregating new gold acquisitions was inaugurated on December 21, 1936. The Treasury had previously announced the conclusion of agreements with
China and Brazil, under the terms of which the United
States will make gold available to China in exchange
for silver and sell gold to Brazil up to a total of $60,000,000 for the purpose of promoting exchange equilibrium.
The French fiscal and exchange crisis culminated in
a further depreciation of the franc in July. Although
the rate for spot francs moved within narrow limits
during June, the discount on forward francs widened
significantly and, on June 29, the French Government
decreed a temporary moratorium (abrogated 2 days
later) on commitments payable in gold or foreign currencies. On June 30, the monetary law of October 1,
1936, under the terms of which the franc had been
maintained at an exchange value of approximately 66
percent of former parity, was superseded by a decree
providing that the gold content of the franc would be
fixed at a later date by the Council of Ministers. Quotations for the franc in New York fell abruptly, and the
continued decline during the first 3 weeks of July carried
franc exchange to levels below the parity existing before
the devaluation of the dollar.
FINANCIAL STATISTICS
Reporting member banks, Wednesday,
i
Federal
closest to end of month
Reserve
Excess
Bank
bank MonLoans
Deposits
debits,
credit etary Money rese * ve *
outside
outCom'l,
sold ™ia" member
New
banks
stand- stocks
Detthin"
iOn
Invest-:| niand,
York
ing,
end of' Total Industrial, jments
Time
City
and agadend of |
month
| justed
riculmonth I
tural*
Year and month
of
1926 = 100 j Dollars Thous.
dollars Dollars
Millions of dollars
1929:
1932:
1933:
1934:
1935:
1936:
June
June
June
June
June
June
July
August
September
October
November
December
1937:
January
February
March
April
May
June
1
__ __
_
1,400
2,310
2,220
2,472
4,024
3,669
4,030
7,821
9,025
2,473
2, 462
2,471
2,473
2,476
2,453
2,500
2,497
2,465
2,458
2, 565
2,585
2,562
Dividend Interest
Stock
rate,
Bond
Security
average, rates,
prices
comissues
per
(stand- prices
(do(new
share mercial
ard
paper
(600
statis- mestic) capital)
(4-6
comtics)
panies) months)
5,560
7,491
8, 550
10,365
11,791 12,921
6,679
5,542
4,801
5,009
4,842
26, 404
12., 901
12,969
14, 754
15, 80S
190.7 ! 96.05
75.66
34.3
86.84
72.8
93.16
73.1
93.94
785,488
83,872
109,482
118,588
55,457
8,460
8,294
8,454
8,753
8, 721
8,812
9,189
14,159
14,084
13,809
13,929
13, 796
13, 647
13, 742
14, 679
14, 850
14,867
15,116
15, 340
15, 484
15, 571
5,011
5,015
5,032
5,063
5, 065
5,037
5,067
18, 880
18,617
17,106
17, 586
20,142
18, 475
23, 238
105.6
109.2
113.0
114.1
118.7
124.2
122.8
97.63
98.19
98.81
99.27
99.41
100. 55
100. 76
217, 686
103,164
218,074
179, 487
189,512
158,071
265, 850
1.51
1.58
1.64
1.67
1.70
1.98
2.03
8,941
9,121
9, 366
9,428
9, 571
9,760
13, 638
13, 597
12, 907
12, 774
12, 587
12,530
15, 493
15,501
15,126
15,388
15, 274
15,186
5,077
5,167
5,144
5,158
5,231
5,235
20, 383
17, 620
21,605
20,051
126.0
129.5
129.9
124.5
116.3
113.6
100.05
99.83
96.86
96.27
96.79
95.84
248, 526
168,188
184, 594
151,810
149, 747
359,208
2.04
2.04
2.04
2.05
2.09
2.09
4,400 i
5,243 !
5, 455
5,341
5,522
162
475
1,732
2,414
16,925
11,263 I
8,945 '
8,498
8,037
10, 514
1.0, 029
10, 674
10, 764
10, 983
11,116
11, 220
6,062
6,203
6,191
6,258
6,321
6,401
6,563
2,717
3,029
1,950
1,840
2,175
2,236
1,984
11,310
11, 399
11,502
11, 686
11,901
12,189
6,400
6,369
6,391
6.397
6,426
6,435
2,152
2,078
1,398
1,594
918
865
4,270
4,331
This item was first reported in May. See footnote marked " ® " o n p . 32 of this issue.
19, 292
20,019
2.88
1.34
1.05
1.19
1.29
Percent
SURVEY OF CURRENT BUSINESS
August 1937
Foreign Trade
decreased in June from the relatively high
EXPORTS
value reached in May, while imports attained practically the same value as in the preceding month. Both
exports and imports were considerably higher than in
June 1936 as the same factors which operated to produce
a larger value of foreign trade in the earlier months of
the year were also at work in June. These included
so far as exports are concerned a higher level of prices,
particularly for crude materials and foodstuffs; the improvement in economic conditions in most of our major
markets; and in certain areas the special demands
arising from rearmament programs. An increase in
the value of trade was reported for all the leading
geographic areas, the variation being from the 16 percent increase for Europe to the more than 60 percent
gain in Asia.
The value of exports rose 33 percent for the 6-month
period in comparison with the first half of 1936, with
prices contributing about one-fourth and increased
quantities about three-fourths of the rise.
Among the commodity groups the principal expansion
this year has been in shipments of metals, machinery,
motor vehicles, and nonmetallic minerals, but exports
of other manufactured articles (rubber, textiles, lumber,
paper, and chemicals, for example) increased moderately.
Exports of agricultural products were slightly larger in
value during the first half of the year than in the corresponding period of 1936, but were still relatively low.
Larger exports of unmanufactured cotton, grains, feeds,
vegetables, and dried and canned fruit were reported;
exports of meat products, fresh fruit, and leaf tobacco
decreased.
Exports of nonmetallic minerals, consisting chiefly
of petroleum products, increased very considerably in
value as compared with last year, although they were
lower in June than in May. Metals and manufactures
and machinery and vehicles were among the groups of
manufactured products which have experienced a much
improved foreign demand this year.
The increase in imports in the first half of 1937 over
those of the first half of 1936 resulted in considerable
measure from the larger volume of crude materials and
foodstuffs purchased at rising prices. However, imports of finished manufactures also increased substantially in volume. The increase in the value of imports
from those regions which export to us mainly crude
materials and foodstuffs was conspicuously large—182
percent for Oceania, 98 percent for Africa, 62 percent
for South America, and 43 percent for Asia. The
relative increase in the value of imports from Europe
was 37 percent. These percentages for the geographic
areas are computed on the basis of 5 months' figures,
the June returns not being completed as yet.
The increase of 45 percent in the value of imports in
the first 6 months this year in comparison with the first
half of 1936 resulted from a 28-percent gain in volume
and a 13-percent increase in unit value (price).
EXPORTS AND IMPORTS
Value
of
total
exports,
d
ijustedi
Year and month
1929: J u n e .
1932: June
1933: June
1934: June
1935: June
1936:
June
July
August
September
October
November
December.
1937:
Monthly averige. 1923-25=100
116
115
i
34
36
36
40
50
44
50
51
January
_._
February
March
April
May
June
Cumulative, January
through June:
1929
1933
1934
1935
1936
1937
Value
of
total
imports,
adjusted^
55
54
51
55
57
52
57
62
65
62
70
64
61
81
79
Exports,
including
reexports
386.8
109.5
117. 5
167.9
167.3
56.1
24.2
40.3
47.0
40.8
30.9
13.4
29.3
28.9
23.4
48.5
18.0
13.4
14.9
15.5
62. 1
14.7
18.2
28.0
28.8
220.0
52. 5
45.7
78.0
82.2
184.9
179.8
178.3
220.1
264.7
225.8
229.7
180.6
176.4
175.6
217.5
262.0
223.3
226.6
39.3
30.4
38.1
72.8
100.4
82.2
67.4
19.7
10.8
12.4
38.2
58.4
47.0
40.2
14.5
15.0
19.7
23.3
24.9
13.7
13.1
34.1
33.3
32.3
31.9
36.7
32.8
34.9
92.7
97.7
85.5
89.5
100.0
94.6
111.2
221.6
232.5
256.4
269.2
289. 9
265.4
217.9
229.1
252.3
264.9
285.1
256.5
60.6
54.4
52.2
50.4
52.0
42.0
37.5
34.1
34.3
28.6
24.6
16.8
13.1
22.5
17.5
16.5
16.3
16.0
34.2
37.9
53.0
56.1
71.8
63.3
319. 8
484.2
140. 7
207.3
184.8
300.6
257.1 ' 145.6
276.7 i 154. 0
1,505.7 II 311.5 I 175.7
364. 5
80.1
111.9
92.5
92.1
101.9
3 118 ! |2, 623.1
3 31 669. 3
! 1.036.1
345
11,024.1
3 51 !
il,152.8
*67 I
1.534.9
M5
Imports J
Total
Crude Food- Semimanmaterials stuffs ufactures
Finished
manufactures
Millions of dollars
393.2
114.1
119.8
170.5
170.2
s 115
3 30
1
Adjusted for seasonal variations.
4514—37
2
Total
Exports of United States merchandise
Finished
Crude
I!
materials
manufactures
AutoFood- SemimoRaw stuffs, manMa- biles,
ufactotal tures Total chin- parts
cotTotal
and
ton
ery
accessories
1
2, 578. 5
656.9
1, 018.2
1, 003.1
1.133.3 i
18.6
20.6
51.0 I 353.4
120.7
6.3 I 110.3
29.6
6.9
122. 2
34. 3
135.1
42.6
20.0
155.3
43.8
20.1
77.5
32.8
36.9
39.2
49.4
75.7
18.5
27.8
26.8
31.7
79.5
29.4
23. 3
26.5
30.4
26.0
29.3
25.2
27.3
31.8
26.4
30.8
19.1
16.9
12.4
12.5
15.8
21.2
28.8
193.6
196.5
200.1
218.4
213.2
200.4
239.8
54.6
56.0
61.7
69.4
62.8
61.2
75.4
59.0
59.3
56.3
64.2
61.3
58.3
73.3
43.1
42.7
40.8
40.8
40.5
40.6
49.0
37.0
38.6
41.4
43.9
48.6
40.2
42.2
31.5
110.1
114.2
31.5
129.6
37.0
141.9 ! 43.5
145. 0
42. 3
135.2
40.8
27.6
26.0
28.8
30.8
33.2
29.7
228.7
260.3
295.9
281.7
278.8
278.7
77.0
90.9
91.6
88.7
91.8
92.5
68.4
76.3
97.4
91.0
84.5
80.1
46.5
52.2
57.9
54.5
55.8
58.9
36.7
40.9
49.0
47.6
46.7
47.2
340.2 2, 286. 4
41.6
592.1
106.7
831. 2
123.4
984.4
132. 8 1, 152. 1
176.1 1,624. 2
828.1
152.2
244.7
272.3
346. 5
532. 6
521.1
204.0
258.1
337.3
359. 6
497.6
456. 7
104.1
158:. 0
190. 0
235. 0
325.8
480. 5
131.7
170.4
184.7
210 9
268.1
49.2
10.3
9.3
382.9 1, 347. 0 302.1
54.3
96.8
272.7
102.1
164.3
441.3
164.8
488.8 126.2
192.1
572.4 i 164.2
316. 2
776.1 ! 226*. 6
Genera] imports through December 1933; imports for consumption thereafter.
3
Monthly average.
10
SURVEY OF CURRENT BUSINESS
August 1937
Real Estate and Construction
contracts awarded increased
CONSTRUCTION
during June following the substantial recession in
planning and initiation of new projects. The available
statistical data from other sources show the increase in
May, according to the F. W. Dodge Corporation data. costs this year to have been very substantial. The
Total awards in the 37 States covered by the Dodge trend is evident from the monthly indexes of building
service reached $318,137,000, the largest monthly costs which are published regularly in the SURVEY, as
figure reported since April 1931. The increase resulted well as from the data gathered by the Federal Home
from the larger volume of both public and private work Loan Bank Board on the cost of residential construction
initiated. Total awards were 37 percent larger than in in various cities. Material prices have moved fracJune 1936 and for the first time this year the value of tionally lower during July, but the Bureau of Labor
publicly owned projects exceeded the total for the Statistics' wholesale price index for this classification
corresponding month of 1936.
is only 0.5 of a point under the high of 97.2 (1926 = 100)
Major increases in June were reported in the indus- reached at the end of May.
The association's survey revealed practically no
trial classifications—factory, railroad, electric light and
power, and pipe-line construction. The gain in resi- oversupply of residential units; rather an inadequate
dential construction resulted mainly from activity in supply of single-family dwellings was reported in nearly
the apartment field; there was a moderate decline in three-fourths of the reporting cities, and of apartment
space in more than half of the cities. Improvement
contracts for single-family dwellings.
Among the groups in which public work is particularly was also reported in the rental situation with regard
significant, the major increases were reported for edu- to commercial properties, although more than 80 percational buildings, sanitary systems, and water-front cent of the cities reported an over or normal supply.
projects. The value of contracts awarded for highway
On the basis of a special survey of the turnover of
construction was slightly smaller in June than in May. vacant property, the association reported that the
The semiannual survey of the National Association of number of city lots sold in the first 4 months of the
Real Estate Boards revealed a favorable situation in year in 152 cities was about twice the number of houses
the real-estate field with respect to vacancies, rents, built. While this was partly the result of seasonal
and financing, but a large number of cities reported that conditions, it suggests preparations for an enlarged
the advance in construction costs was retarding the volume of residential operations.
BUILDING MATERIALS, CONSTRUCTION, AND REAL ESTATE
Construction contracts awarded
Federal
Reserve
index
construction
Residential
building
Monthly
average,
1923-25=
100
NumMilber of lions
of
proj- dollars
ects
feet
Public Public
utili-
Common
brick
Mil-
Millions of
dollars
Thousands
148
36.5
5.8
8.3
6.6
13.7
173. 8
23.1
27.7
26.6
49.8
60.0
5.6
5.0
13.1
9.1
95.5
44.6
19.4
44.3
30.0
13,351 i
13,890 i
12,912 |
12,056 i
12,966 I
11,269 I
9,605 |
233
295
275
234
226
208
200
20.6
20.5
24.4
21.2
21.6
20.0
19.0
73.6
72.0
100.5
80.7
79.7
68.4
65.5
9.3
27.5
17.9
15.7
14.2
18.0
19.1
70.7
99.1
76.4
68.8
52.9
55.8
42.1
8,731 !
9,746 !
13,355 !
16,162 I
13,756 !
13,884
243
188
231
270
244
31S
18.4
18.7
24.2
29.5
23.0
23.8
78.4
63.0
90.2
108.0
83.9
93.1
21.8
32.4
20.3
21.0
10.8
29.9
46.7
27.3
32.2
44.8
56.0
70.1
125 J| 15,399 !
502
37.8
5.6
5.5
9.6
16.0
23.0
181.2
18.9
22.0
34.7
55.8
86. 1
48.2
4.7
11.5
6.8
15.6
22.7
75.0
17.7
62.5
31.4
53.2
46.2
adYear and month justed
i
1929:
1932:
1933:
1934:
1935:
1930:
1937:
17,142
June
June
June
June
June
June
July.....
August
September
October.—
November
December
7, 151 i
9, 174 I
8,364 !
10,450 |
:
._.
>
\
!
j
!
January
February
I
March..
_.
April
May
:
June
Monthly average
January through .
June:
i
1929...
,
1933
19341935
1936
1937.
1
All types of
__;
;
i
63 i
62
56
53
56
60
35
6,637
7, 797
! 8,840
i 10,768
'. 12,606
530
113
102
142
116
206
249
ties
works
Based on 3-month moving average of values and adjusted for seasonal variations.
ConLoans outstanding
Realstrucestate
tion
Federal
costs,
savings Home- Home forecloOak
Eng.
Lum- floorCeand
Owners' sures
loan
Newsloan
ber
ment
Loan
(noning
Recassocia- bank
Corp.3 farm)
ord 2
tions 3
MonthMonthMills, Thous. Thouly av«
ly avof ft.
of ft. sands of
erage,
Thousands of dollars
b. m. b. m. barrels 1913 =
1934=
100
100
Building-material shipments
2
1,154
1,573
44, 319 18,949
10, 253 9,264
17, 723 7,979
7,965 8,541
17, 732 7,632
205.7
152.2
163.4
199.6
194.8
1,972
2,056
2,005
2,122
2,327
1,751
1,899
31,617
30,123
30,408
33, 432
33,935
29,988
35,878
12, 521
11,823
12, 624
12, 619
13,089
8,942
6,246
204.6
204.4
208.1
208.1
211.5
212.7
220.7
47, 579
85,148 1,039,003
79, 233 2, 660, 677
442,027 118, 580 3, 092, 871
465,682 I 122,094 2,920,739
497, 852 125, 211 2,897,367
507, 574 129, 752 2, 869, 660
532, 064 134, 929 2,883, 503
531,078 137, 250 2, 801, 827
544,107 145, 394 2, 765,098
108,169
113,598
163,801
191.040
190, 670
1,813
2,051
2,298
2,169
2,088
2,138
38,847 4,689
34,391
5,163
36, 427 7,879
35, 253 10, 265
30, 455 11.890
25,489 12,649
223.5
223.5
225.3
230.3
232.7
237.4
576, 299
611,212
630,680
644,068
679,949
699,849
2,711,451
2, 680, 230
2,661.542
2,625,493
2, 591,115
2,556,401
65.1
74.0
73.3
74.8
52,158
64, 268
118,272
1,266
1,547
1,861
2,093
| 41,014 11,708
9, 972 4,655
9,036
5,861
13,796
5,322
26, 939 7,871
33, 477 8,756
207.
160.
195.
195.
202.
228.
25,472
87,812
562, 540
76,716 2, 538, 609
126,663
377, 294 107,410 3,045,868
640,343 149, 057 2,637, 705
97.6
106.9
81.3
61, 078
88, 324
172. 892
170,135
172, 748
173, 723
189,104
163, 246
141,080
0
7
8
4
0
8
165,199
Index is as of 1st of month; index for July 1,1937, is 241.8.
3
143, 738
141,198
142, 716
146,146
153, 488
167,054
100.4
106.7
81.7
82.7
78.3
85.7
77.8
75.1
84.4
See footnote marked " • ' ' on p. 25.
11
SURVEY OF CURRENT BUSINESS
August 1937
Transportation
T
HE volume of freight carried by the railroads increased by about the usual seasonal amount during
the first 3 weeks of July, following a 2-month period
of decline which reduced daily average loadings in June,
seasonally adjusted, to the lowest level since October.
As in May, the June decline was to some extent traceable to strikes which curtailed miscellaneous loadings,
but other classes of freight also showed declines. Coke
and grain and grain products were exceptions.
Loadings are still above those of a year ago, but the
margin of gain has narrowed considerably. Thus, the
increase during the first 5 months of this year over the
corresponding period of 1936 amounted to about 14
percent, but the gain in June over the preceding June
was about 7 percent.
With this reduction in the rate of gain, attention is
called to the fact that the marked recovery in freight
traffic has been a comparatively recent development.
The improvement attained significant momentum only
during the last year and a half, and the volume of traffic
has not yet recovered to the same extent as has the
volume of industrial output. In the first half of this
year, loadings were 26 percent below the volume in the
corresponding period of 1929, while industrial production, according to the Federal Reserve index, was about
4 percent lower.
The reduction in loadings during June was accompanied by a shrinkage in gross revenues, and the gain
over the corresponding month in the preceding year
was the smallest reported since August 1935. The
gain in June 1937 over the corresponding month of 1935
in the operating revenues of all class I roads amounted
to 6.4 percent, as compared with an increase of 12 percent for the first 6 months of the year. Net railway operating income for the half year increased by one-fourth.
Orders for railway equipment were sharply curtailed
during June, and during the first half of July only one
large purchase of freight cars was announced. This
recession followed a period of unusually heavy buying
by the railroads, and total orders for the first half of
the year for freight cars, locomotives, and passenger cars
were larger than for any full year from 1930 to 1935,
inclusive. For passenger cars, the 6 months' figure was
larger than the 1936 total.
Though the cyclical movements of equipment buying
and loadings and revenues are closely related, this does
not imply a causal relationship between the current
decline in equipment buying and the recent reduction
in the rate of gain in loadings and revenues. The most
important factor at the moment is the seasonal element,
which usually results in the timing of orders with regard
to the fall traffic peak.
RAIL AND WATER TRAFFIC
Freight-car loadings
F. E. index
Tear and month
Unad- Adjusted1 justed!
Monthly average, 1923-25=
100
110 I
109
49
49 !
61
61 !
64
64 I
64
63 |
Total
1929: June
1,073.0
1932: June
501.8
1933: June
603.3
1934: June
626.2
1935: June.
616.4
1936:
73
73 '
696.7
June
76
77
July
706.4
76
77
740.2
August
75
September
__.
765.3
77
819.1
October
82
November.
_.
753.4
83
December
693.9
937:
663.4
80
73
January
82
February
694.6
83
March
750.9
84
April
738.8
80
May
779.5
June
78
79
744.1
Monthly average January
through June:
985.3
103
1929.
_
_
52
1933
513.2
G2
1934
593. 7
61
1935
583.1
68 |
1936
637.8
1937
78
728.0
1
Adjusted for number of working days.
2
Adjusted for seasonal variations.
Grain
MerCoal Forest
and Live- chan- Ore
and proddise
stock
prodcoke ucts ucts
l.c.l.
Pullman
Freight- passencar
Missurplus gers
celcarlaried
neous
Thousands
Thousands of cars 4
50.5
52.3
54.9
56.4
52.8
28.3
287.8
281.3
295.2
315.9
336. 7
308.9
279.7
218
774
454
338
272
170
147
146
125
112
121
133
9.9
264.4
279.4
312.3
327.5
326.3
306.3
131
113
113
134
147
137
167.4
70.6
105.9
107.9
131.8
70.3
16.6
26.7
24.7
26.7
44.6
27.2
39.8
36.8
25.9
23.6
14.7
15.6
15.4
9.9
260.5
174.4
169.9
161.3
156.2
114.9
117.2
129.7
142.4
168.7
167.4
167.4
34.7
32.7
36.1
34.7
35.7
34.0
33.0
34.9
52.9
43.3
31.8
32.2
32.8
32.5
11.8
12.9
15.4
18.2
21.9
19.2
14.8
162.2
157.0
165.6
165.8
171.2
162.7
158.1
163.4
169.2
179.2
128.9
129.0
120.6
29.7
34.9
37.7
37.0
39.7
39.1
29.6
29.3
28.8
29.9
27.3
30.7
13.6
11.3
11.4
12.6
13.5
152. 7
160.1
170.5
172.6
171.2
163.3
182.3
101.5
130.1
129. 5
137.1
148.2
42 2 25.9 253.2 34.8 I
65.2
15.7 159. 7
5.2 !
32! o
18.1
15.6 160. 9 12.3 I
23.1
29.9
12.3
13.7
!
154. 7
24.4
25.9
12.0 154. 0 19.2
30.1
31.7
12.3
35.1
!
164.8
36.2
29.2
*1 American vessels, both directions.
Average weekly basis.
11.0
76.5
4.3
14.2
33.8
32.8
8.3
10.5
10.9
5 0.2
72.5
73.2
430.1
194.1
231.2
246.3
233.3
381.7
181.0
221.7
222.6
253. 8
302.2
Financial statistics, class I
railways
Canal traffic
Oper- Net rail- Sault New
ating way op- Ste.
York Panareve- erating
ma 3
nues income Marie State
Thousands of
dollars
Thousands of
short tons
Thous.
of long
tons
3,000
1,300
1,201
1,303
1,309
526, 022 103, 543 14,076
243, 545 12, 300 1,988
278, 329 59, 831 3,583
282, 779 42, 038 7,901
281,328 34,103
7,058
387
454
479
557
482
1,186
633
779
835
862
1,430
1,516
1,565
1,519
1,469
1,351
1,497
330,621
349, 744
350, 585
357,207
391.457
358, 548
372,265
50, 259
61, 774
64,681
70, 166
89,851
72,411
70,520
9,835
10, 951
10, 699
11,041
10, 789
7,094
373
616
738
605
821
722
717
0
976
1,058
1,054
962
485
214
1,605
1,385
1,475
1,419
1,364
331,685
321, 927
377.813
351, 573
352, 613
351,704
0
38,437
38,359
0
69, 379
0
47, 807 4, 620
43, 663 14,110
58,940 14,161
0
0
0
305
577
792
281
467
1,255
1,005
1,077
1,018
91,999
239 5 2,658 504,966
608 5 5 981 235,874 25, 792
371 5 1, 200 271, 650 37,811
308 5 1,232 272, 589 32,462
190
1, 370 312,110 39, 665
129 5 1,449 347,886 49,431
5 5 months' average, January through May.
1,195
689
971
851
920
851
12
SURVEY OF CUREENT BUSINESS
August 1937
Distribution of Manufacturers' Sales
By S. L. Kedzierskl, Chief, Wholesale Trade Section, Marketing Research Division
T
HE importance of the various primary channels of
distribution for manufactured goods has been disclosed by a new publication of the Bureau of the Census
presenting data compiled in the 1935 Census of Business.1 The factual data gathered in the survey deals
with the first stage of distribution of manufactured
goods which go directly to the following outlets: (1)
Manufacturers7 own wholesale branch, (2) industrial
ALL INDUSTRIES
ing plants amounted to 43.8 billion dollars. Of this
amount 38.2 billion dollars, or 87.3 percent, represents
sales through six channels of primary distribution.
For all industrial groups combined, the proportion of
sales made through these principal channels in 1935 is
presented in table 1. These have been grouped in the
order of their importance. The portion of the total
sales volume not distributed in the table (12.7 percent)
consists of interplant transactions, exports invoiced
direct from plants, and other sales not distributed
through usual channels or not allocated. Considerable
deviation from these over-all percentages is evident in
the various lines of business, and the extent of these
variations is developed in the statistical and graphic
data assembled in this article.
PRINTING AND PUBLISHING
Table 1.—Relative Importance of Channels of Primary Distribution for All
Manufacturing Industries
FOREST PRODUCTS
Percent of
total net
sales
Manufacturers sales to
RUBBER PRODUCTS
Industrial and other large users
Wholesalers and jobbers
Retailers of all types (including chain stores)
Own wholesale branches.
~___
Household consumers
Own retail stores
PRODUCTS OF PETROLEUM
AND COAL
_
-..
j
[
.'
!
;
i
24.5
23.2
19. 2
17.1
1.8
1. 5
_•
87.8
FOOD AND KINDRED
Total
PRODUCTS
MISCELLANEOUS
TO INDUSTRIAL
AND OTHER
TO
I
LARGE USERS
OWN
TO OWN RETAIL
STORES AND *
WHOLESALE
HOUSEHOLD
*
BRANCHES
CONSUMERS
Figure 1.—Percentage Distribution of Manufacturers' Sales, by Primary
Channels of Distribution, 1935
and other large users, (3) wholesalers and jobbers, (4)
manufacturers' own retail stores, (5) retailers of all
types, (6) household consumers, and (7) other plants in
manufacturers' own organization. The report includes
a comparative distribution of sales in 1929 and 1935, the
number of manufacturers using each of these channels
of primary distribution, and the number using any one
channel exclusively in 1935.
This survey also shows, for the first time, the number
of employees engaged in distribution activities and the
cost of distribution incurred at manufacturing plants.
Data are presented for each of 315 separate industries,
as well as for the industry groups.2
Importance of Various Channels.
According to the survey, the sales volume in 1935, at
f. o. b. factory prices, of 134,392 reporting manufactur1 The material in this article is, in general, a summary of the data presented in the
publication under this title "Distribution of Manufacturers' Sales", recently issued
by the United States Department of Commerce, Bureau of the Census. Copies of
this report may be obtained gratis by writing to that Bureau.
2
Data were not compiled fot 22 of the 337 industry classifications into which manufacturing activity is divided by the Census Bureau. A list of these industries and
the reasons why such distribution was not made are given on pp. 17 and 18 oi" the publication noted above.
Source: Bureau of the Census, Census of Business 1935, Distribution of Manufacturers' Sales, p. 19.
From the data presented in table 2 it is evident that
in most industrial groups, four types of outlets play an
important role in distribution of manufacturers' goods.
Figure 1 show^s graphically the relative importance of
the various major channels.
Two-Thirds of Plants Sell Exclusively Through One Channel.
Figure 2 shows the number of plants selling through
various distribution channels. The bar in each instance indicates the number of plants using each type
of outlet and the black portion represents the proportion of the plants which sell exclusively through this one
channel. Thus, 52,743 manufacturing plants sold
goods to retailers, and out of this number 22,740 plants
or 43.1 percent used this means of distribution exclusively; 47,192 plants sold to wholesalers and jobbers
and 42.6 percent of these establishments sold exclusively
to this field, etc. Table 3 presents these data for each
of the 16 industrial groups.
The extent of concentration of sales for all industries
combined is shown in figure 3. About two-thirds of
the manufacturing plants or 89,144 establishments sold
goods exclusively through one channel. The lower
portion of this chart shows the break-down of sales of
plants selling exclusively through one channel, arranged
August 1937
13
SURVEY OF CURRENT BUSINESS
facturers' sales to wholesalers and jobbers from 32 percent in 1929 to 27 percent in 1935, and the reduction
of sales direct to industrial and other large users from
26 percent of the total in 1929 to 25 percent in 1935.
Against these reductions in relative position it is shown
that the proportion of sales to manufacturers' own
Shifts Between 1929 and 1935.
wholesale branches increased from 18 percent in 1929
Table 4 is a comparison of the primary channels of to 21 percent in 1935, while sales direct to retailer
distribution used in 1935 with those used in 1929 by increased from 20 per cent to 23 percent.
industry groups.3 Comparable data are available for Distribution Expenses Surveyed.
91,688 plants, or 68.3 percent of the plants reporting.
The 1935 Census of Business provides for the first
These plants had sales in 1935 of 26.3 billion dollars, or
time data on distribution expense incurred at manu-
according to type of outlet used. Of all those plants
using a single outlet, about one-fourth sold to industrial
users and nearly the same percentage to retailers, while
more than one-fifth of these manufacturers obtain their
distribution through wholesalers and jobbers.
THOUSANDS OF PLANTS
EXTENT OF CONCENTRATION
O F SALES
PERCENT
SELLING THROUGH THIS CHANNEL BUT ALSO USING
ONE OR MORE OTHERS
100
1
HI
J
SELLING EXCLUSIVELY THROUGH
ONE CHANNEL
SELLING THROUGH MORE
THAN ONE: C H A N N E L
PERCENTAGE DISTRIBUTION OF PLANTS SELLING
EXCLUSIVELY THROUGH ONE CHANNEL
PERCENT
75
50
•
mma
TO INDUSTRIAL
USERS
rr—
i
T0
RETAILERS
{
1
—
^
||||||f
TO
TO WHOLESALERS j
AND JOBBERS
\ HOUSEHOLD
CONSUMERS
100
nun
TO
OTHERS
Figure 3.—Proportion of Manufacturers' Plants Selling Exclusively
Through One Channel and Percentage Distribution of Such Plants, by
Type of Channel, 1935.
facturing plants. This report shows the number of
employees engaged in distribution activities, the pay
roll of distribution employees, traveling expenses of
salesmen, advertising, credit and collection expenses,
bad debts, and the portion of such overhead expenses
as rent, interest, and general administrative expense
allocated to distribution.
In the collection of these distribution expense data
Figure 2.—Manufacturers' Sales—Number of Plants Selling Through
Various Distribution Channels, 1935.
many difficulties were encountered because there is no
uniform classification for such expense common to in69 percent of total distributed sales. The data in dustry, and some manufacturers did not have accounttable 4 as well as those for each of the 315 individual ing systems which differentiated production costs from
industries, disclose many changes in the relative im- distribution costs. The result is that one plant may
portance of primary channels of distribution used by consider an item as a distribution expense while another
certain industries or groups of industries between the plant may classify it as something else. As a result of
2 years under discussion. While these changes are this lack of uniformity among manufacturers in classimore important in some industries than others, it is fying and recording expense data, the accuracy of the
apparent that there have been but few significant figures given in the report cannot be warranted, and
changes in the distribution methods of manufacturers all expense data reported in the survey of Distribution
as a whole. The outstanding changes for all industries of Manufacturers' Sales should be considered with these
combined were the decline in the proportion of manu- facts in mind. Distribution expense data as reported
for the 16 industry groups should be considered in the
3
Due to changes in the composition of the various industry groups between 1929
and 1935 and the lack of comparability as between years for certain industries, the light of general relationships and should not be used
data in table 3 are confined to 91,688 plants or 68.3 percent of total plants reporting.
for specific comparisons with any of the 315 industrial
For further explanation see p. 15, Distribution of Manufacturers' Sales, Census of
classifications.
Business 1935, Bureau of the Census.
14
SURVEY OF CURRENT BUSINESS
August 1937
Table 2.—Summary of Primary Channels of Distribution by Industry Groups
Total distributed
Industry group
Thousands
All industries.
Food and kindred products
Textiles and their products
Forest products
Paper and allied products
Printing and publishing
Chemicals and allied products
...
Products of petroleum and coal
Rubber products
Leather and its manufactures
Stone, clay, and glass products
Iron and steel and their products
Nonferrous metals and their products
Machinery
Transportation equipment, air, land, and water..
Miscellaneous
.
To indus- To wholeTo own
trial and salers and
wholesale other
large jobbers
branches
users
To own
retail
stores
To retailers
of dollars Percent
100.0
38,212,860
Percent
19.6
Percent
28.1
Percent
26.5
Percent
1.7
Percent
22.0
100.0
100.0
100.0
100.0
100.0
100.0
100.0
100.0
100.0
100.0
100.0
100.0
100.0
100.0
100.0
21.3
7.2
7.5
24.6
33.1
54.9
51.8
31.2
12.6
29.3
22.0
34.1
60.6
69.0
48.3
22.2
12.3
30.7
26.4
27.2
32.4
18.4
21.3
19.7
15.9
16.5
19.5
14.2
13.0
23.2
26.2
62.9
3.3
1.3
1.2
32.3
39.3
28.0
6.8
18.9
11.9
22
9.0
39.0
14.5
5.3
7.1
6.2
31.3
15. 7
9,450,989
5, 323,427
1, 528, 578
1,291,557
37, 390
2, 583,174
1,831,104
655, 995
1,166, 286
885, 533
3, 532,059
1, 560, 844
3, 243, 366
2. 913, 924
2, 208, 634
5.8
32.8
61.1
43.0
19.8
28.5
19.3
9.8
20.1
19.2
6.7
.7
4.0
2.7
2.5
.2
2
'.2
1.6
.4
.6
To household consumers
Percent
2.1
4.9
1.2
3.9
.1
10.9
2.1
.4
.1
.2
3.2
.4
.9
.6
l.S
Source: Bureau of the Census; Census of Business 1935; Distribution of Manufacturers' Sales, table B, p. 21, used as basis for distribution of $38,212,850,000, or S7.3 percent
of the total sales reported.
Of the total of 134,392 manufacturing plants, only
53,623 with total net sales of $21,418,000,000 reported
on both elements of distribution expense (distribution
pay roll and other distribution expense). These
53,623 plants had an expense ratio of 9.4 percent, divided into 4.1 percent distribution pay roll and 5.3
percent other distribution expenses. It will be observed from table 5 that chemicals and allied products,
with 15.2 percent; stone, clay, and glass products, with
11.7 percent; machinery, with 11.7 percent; and forest
products, with 11.4 percent, had the largest total distribution expenses in 1935.
Transportation equipment, air, land, and water,
with 3.2 percent; products of petroleum and coal, with
7.4 percent, and rubber products with 7.8 percent, re-
ported the lowrest distribution expense. In practically
every instance, with the exception of textiles and their
products, and printing and publishing, distribution pay
roll was the lesser of the two reported expenses.
Employees Engaged in Distribution.
While it was difficult in some cases for the manufacturers reporting to separate employees engaged in production and those engaged in distribution, it is possible
to ascertain a measurement of number of employees engaged in such activity for purposes of general comparison by industries. Included in the distribution expenses of the 53,623 plants is a total of $882,953,000
paid to 523,623 full-time and part-time officers and
emplo37ees who devoted all or a major portion of their
time to distribution activities.
Table 3.—Percentage of Plants Selling Exclusively T h r o u g h Variou s Distribution Channels, by Industry Groups
Wholesale branches
Industry group
Industrial users
Wholesalers and
jobbers
Own retail stores
Household consumers
Retailers
Through agents,
etc.
Percent Total Percent Total Percent Total Percent
Percent
Percent
Total Percent
selling ex- number selling ex- number selling exex- Total selling ex- Total selling ex- Total selling ex- number
number selling
clusively
clusively
clusively
clusively number clusively number clusively number clusively
6,160
All industries
2,229
Food and kindred products
532
Textiles and their products.._
358
Forest products
_ _
115
Paper CT
and allied products
Printin and publishing
Chemicals and allied prod828
ucts
Products of petroleum and
238
coal
47
Rubber products
Leather and its manufactures.
195
Stone, clay, and glass prod311
ucts
Iron and steel and their prod357
ucts ._
Nonferrous metals and their
125
products
_
486
Machinery
Transportation equipment,
79
air, land, and water .
260
Miscellaneous
45.7
42, 650
54.5
47,192
42.6
7,185
42.4
52, 743
43.1
30,968
41.5
17,919
24.1
40.7
68.8
39.7
45.2
4, 452
3,347
6,355
1,770
53
14.4
58.3
58.5
49.6
47.2
14, 672
5, 656
6,271
1,216
38
40.5
52.5
52.7
38.7
13.2
5,821
284
293
43.3
53.2
33.8
23,419
9,079
4,633
674
44
36.2
71.3
45.6
25.5
29. 5
20, 758
1,253
2,910
33
23
44.3
40.3
34.4
12.1
13.0
4, 379
3,050
2.546
377
3
60.1
3,202
43.1
3,265
33.0
159
28.3
2, 456
22.6
1,120
23.4
1, 330
32.2
32.3
38.4
7.2
33.3
16.7
28.6
21.3
62.1
304
247
330
271
1.5
6.3
145
172
5.6
2.6
110
81
78
38.5
1,634
17.9
16.3
58.4
107
38
1,194
30.9
35.1
40.9
66
16
1,086
24.3
36.0
64.8
164
21.3
431
17.3
12.3
16.2
10.3
58.5
2,598
53.9
1,630
35.7
62
54.8
1,598
39.7
1,456
57.8
641
29.7
4,169
60.6
2,589
34.3
25
12.0
1,372
20.8
485
18.6
1,050
8.0
44.8
38.3
2,503
7,955
65.3
65.5
1,712
3,569
43.7
28.4
50
73
54.0
28.8
1,468
1,740
44.2
21.4
541
686
33.8
19.0
487
2,072
10.9
12.0
12.7
41.9
656
47.4
68.5
424
27.1
53.2
20
238
30.0
45.0
339
27.4
47.9
149
30.2
44.7
155
15.5
1,207
9.5
3,953
4,355
3,970
1,245
Source: Bureau of the Census: Census of Business 1935; Distribution of Manufacturers' Sales, table C, p. 22, with percentages shown for "selling exclusively.
SUEVEY OF CURRENT BUSINESS
August 1937
15
Table 4.—Comparison Between Channels of Primary Distribution Used in 1935 and Those Used in 1929, by Industry Groups i
Total distributed
sales, 1935
Industry group
All industries K
Food and kindred products
Textiles and their products
Forest products..
Paper and allied products
Chemicals and allied products..
Petroleum and coal products
Rubber
Leather and if,s manufactures...
Stone, clay, and glass products...
Iron and steel and their products
Nonferrous metals and their
products
Machinery
Transportation equipment
Miscellaneous
Channels of primary distribution
1935 distributed sales
of industries comparable with 1929 Own whole- Industrial Wholesalers Own retail |
Retailers
sale branches
and jobbers
Amount
(thous. of
dollars)
Number
plants
Amount
(thous. of
dollars)
33,175,470
134, 285
26, 328, 269
91, 688
9, 450, 989
5, 323, 427
1,528,578
1.291,557
2, 583,174
1, 831,104
655. 995
1,166, 286
885,533
3, 532, 059
47, 992
16, 665
15, 661
2,919
7, 269
676
467
3,380
5, 629
6,363
8,084, 630
1,111,209
1, 436, 220
1,291,557
1, 028, 492
1, 665, 073
655, 995
1,056,611
' 577, 924
2, 905, 447
40,159
4,679
15, 309
2.919
3, 353
415
467
2,745
3, 547
3,589
1,560,844
3, 243, 366
2,913,924
2, 208, 634
4,757
10, 692
1,133
10,682
697, 858
1,175,801
2, 876,030
1, 765, 422
2, 859
3,216
1,012
7,419
6.8
20.1
19.4
4.4
Number
plants
Percent
1929
Percent
1935
Percent
1929
20.6
18.0
24. 6
26.0
27.3
31.8
2.2
2.4 | 22.9
20.0
21.5
4.8
5. 9
5.8
20.2
64.3
43.0
20.4
28.3
21.3
24.6
5.8
4.5
3.8
12.2
60.1
41.7
21.3
4.9
5.9
7.9
16.9
32. 0
54, 9
30.9
10.0
29.3
18.4
31.6
59.8
6.9
13.0
38.8
51.8
33. 5
8.5
25.9
14.5
36.3
55.8
28.5
15.3
27.1
32. 4
31.0
19.6
15.9
16. 7
18. 8
13.4
31.6
22.4
30.2
39.1
39. 1
IS. 6
16.1
25.0
49.8
34.1
3.8
5.1
1.3
3.2
4.6
1.2
29.2
50.8
24.5
5.3
12.7
5. 2
15. 6
35.1
6. 2
3.9
5.9
17.8
17.0
5.9
61.1
44.5
21.8
6.6
56. 3
41.9
24.3
9.0
20.6
24.6
26.3
72.6
w/. 8
.2 !
29.0
2.9 I
Percent
1935
Percent
1935
Percent
1929
Percent
1935
4.4
2.7
2
:l\.31
.4 !
.6 l
Percent
1929
Percent
1929
Percent
1935
33.2
55.3
29. 6
6.8
.5 15. 3
1.6
7.6
9.0
3.7 ! 41.6
.1
16.9
.3 ! 4.S
.3 ilO. 4 I 8.2
1 4 ; 7.4
6.7
1.9 i 31.4 29.1
. « 13. 9 I 14. S
Household
consumers
Sales negotiated
through
agents, etc.
Per- ! Per- Percent cent cent
1935 1929 1935
5.
2.
4.
.
1
(3
1
1
Percent
1929
1.8
8.3
7.4
4. 0
14.0
5.9
12.1
4.S
12.1
8.0
16.1
2.4
2.4
6.1
8.3
6.5
3.4
.8
15. 1
5. 5
14.6
1.3
. 1
i. 1
(3)
4.4
6.9
1.0
2.7
i.y
1 Table limited to industries which are directly comparable in 1935 and 1929.
The printing and publishing industry is omitted from this table.
Less than Mo of 1 percent.
Source: Bureau of the Census; Census of Business 1935; Distribution of Manufacturers' Sales, table A, p. 20.
2
3
In some cases a wide variation was found to exist in
distribution expenses between the major industry groups
and also between different industr}^ classifications
within the same major industry group. This is natural
perhaps, not only because of the wide divergence in
selling methods employed by different industries but
also because of the far-reaching changes that have been
and are still taking place in the channels of distribution
in many fields.
No attempt has been made in the survey of Distribution of Manufacturers' Sales to explain the reasons,
aside from the limitation of the data, for these variations or to arrive at any conclusions as to what relation
should exist between the cost of distribution and sales
volume for any particular industry group or industry
classification. The aim has been rather to present the
facts as they exist in as simple and concise a manner as
possible.
The value to be derived from the survey of Distribution of Manufacturers' Sales, Census of Business 1935,
is not particularly from tables which are presented for
16 industry groups but rather from the tables presenting
the data in detail for each of the 315 industry classifications. For the latter purpose it should be of value to
management and financial executives. This holds true
not only of the tables which show the flow of manufactured goods through channels of primary distribu-
tion, but also of the distribution expenses of each of the
315 industries as reported by the business census.
Table 5.—Summary of Distribution Expenses, by Industry Groups
| Total disDistritviOther dis! tribution
tioa pay
iribution
j expenses !
roll
j expenses
I
Industry group
All industries
53,623| 21,418!
Food and kindred products. 17, 7351 6,313!
Textiles and their products-- 8,197| 2,853Forest products..
4,516!
871!
Paper and allied products.-_ 1,353;
768!
Printing and publishing
Chemicals and allied products
3,071 1,137;
Products of petroleum and
coal
277i
Rubber products
.__
Leather and its manufactures. 1, 589
598!
Stone, clay, and glass products
1,9441
373!
Iron and steel and their
products
2.941! 1.607;
Nonferrous metals and their
|
i
products
1, 939 j
640!
Machi nery
4,721 2,257!
Transportation equipment,
540' 1 . ^ 3 :
air, land, and water
Miscellaneous
4,556
1,203!
2,007|
9.4';
595i 9.4J
2491 8.7'
100! ii.4|
65:
•})
&..'.'
I 8.8i
883 : 4. ij
261
4. 3j
4. 5|
4s: 5. 51
31 i 4. 0
6.0j
172' 15.2;
j
1,124
334
12
52,
3 0fii
9.3
4.8
5. 1
4.5
40:
54|
44: n . 7 j
21!
130: 8.1!
60:
5S 9. l
264^ 11.7
23
110'
64i 3.2,
150} 12.5
5.3
4.2
5.9
4.5
2.8
221
j
70j
4.4
4.0
6.0
4.3
301
153
40
94
2.0
7.8
1 Less than $1,000,000. Total distribution expenses were $652,000.
Source: Bureau of the Census; Census of Business 1935; Distribution of Manufacturers' Sales, table D, p. 24.
16
SURVEY OF CURRENT BUSINESS
August 1937
Sales of Chain Drug Stores
part of the general program of the Bureau of
AS- Foreign
and Domestic Commerce designed to
secure more adequate data on the trend of retail sales,
figures from chain drug stores have been collected and
made available to the public each month since the
latter part of 1935. The monthly releases of the
Bureau have given the percentage changes in sales for
the current month as compared with the previous month
and with the same month a year ago. It is the intention to construct an index of such sales as soon as
data are available for a sufficient period of time.
Early this year the cooperating chain organizations
were requested to furnish annual sales figures for
1935 and 1936, the information to be used both for
checking previously reported monthly figures and as a
basis for annual tabulations.
The representativeness of the data gathered is indicated by a comparison of the results reported by
cooperating firms with the totals reported by the Bureau
of the Census in its 1935 Census of Business. The
firms reporting monthly data operated 2,345 units with
sales of $228,410,000 in 1935, or more than 66 percent
of the store units and 76 percent of the total dollar
volume reported for drug chains, according to the
Census. In more recent periods, however, the cooperation of additional firms has raised the estimated coverage to about 84 percent of total chain store sales
volume. About one-fourth of all drug store sales in
1935 were made by chain units, according to the 1935
Census of Business.
Fountain Sales Show Largest Relative Expansion in 1936.
Total net drug chain sales for an identical group of
store units were 4.7 percent larger in 1936 than in
1935, according to the data collected by the Bureau
of Foreign and Domestic Commerce, with the widest
increase—11.9 percent—reported for fountain sales.
The other two categories into which sales were divided,
namely, tobacco and "all other'7, recorded increases of
3.6 percent and 2.5 percent, respectively. It should
be noted that these increases, based upon identical
stores in operation for both years, do not reflect changes
in sales volume accounted for by the increase or decrease
in the number of units operated by cooperating chains.
During the 2-year period, additional units were opened
and others discontinued by the reporting firms. All
units operated by reporting chains in 1936 recorded
sales amounting to $243,489,000, an increase of 6.6
percent over 1935. This percentage compares with
the 4.7 percent gain for identical stores.
i Prepared by Edward L. Lloyd, Chief, Market Data Section, and Arnold L.
Skinner from data collected by that section of the Marketing Research Division.
Results by Regions and Size of Chains.
Most of the cooperating firms operated in only one
geographic area.2 However, nearly all of the reporting
chain organizations whose operations extended over
several regions were able to report separate regional
figures. The organizations reporting such data accounted for nearly 50 percent of all chain drug store
sales in 1935. The distribution of sales and stores is
presented in table 3.
While total sales of identical stores for 1936 increased
4.7 percent over those for 1935, sales in the West South
Central States increased 13.7 percent and those in the
New England States showed a gain of only 1.5 percent.
Changes in tobacco sales in this group of stores ranged
from a 14.6 percent gain in the West South Central
States to a 1.7 percent loss in the West North Central
States. Changes in fountain sales ranged from a 17.3
percent increase in the Mountain and Pacific States to a
6.2 percent increase in New England. These data as
well as comparative figures for all sales reported are
presented in table 1.
Table 1.—Percentage Change in Chain Drug-Store Sales by Geographic
Regions and by Chain Size Groups, 1935 to 1936
Sales of identical store units
Region and size group
Foun- All other
Total net Tobacco
tain sales
sales
sales
sales
Sales of
all
stores
GEOGRAPHIC EEGION
_.
+4.7
+1.5
+5.6
+7.2
+2.9
+6.4
+6.5
+13.7
+6.7
United States total, all
chains..
_.
10 stores and less
11 to 25 stores
26 to 99 stores
100 stores and more
+14.1
+9.9
+8.2
+2 4
United States total
New England
Middle Atlantic .
East North Central
West North Central
South Atlantic ___ .
East South Central
West South CentraL
Mountain and Pacific
+5.0
+6.3
+14.6
+5,4
+11.9
+6.2
+9.3
+12.0
+9.0
+11.7
+6.5
+13.0
+17.3
+3.6
+6.8
+11.3
+8.1
+1.2
+11.9
+16.3
+13.4
+13.5
+11.2
+3.6
+2.5
+4.6
+7.9
-1.7
+2.5
-.3
+3.9
+ 5.0
+3.4
+4.9
+7.1
+13.1
+4.3
+6.6
+2.9
+5.4
+9.5
Q
+7.8
+6.7
+16.8
+10.6
CHAIN SIZE GROUP
+4.7
+2.5
+13.6
+8.9
+6.6
-.1
+6.6
+ 12.6
+ 13.0
+ 11.4
+4.2
Source: Data collected by the Bureau of Foreign and Domestic Commerce.
Interesting variations appear when sales are grouped
according to the number of units operated by each
organization. For this purpose, the firms were divided
into four classes as follows: Those operating 10 stores
or less; 11 to 25 stores; 26 to 99 stores; and 100 scores or
more. Grouped in this fashion, identical store units
2
Census regions used and States comprising them are as follows: New England
(Connecticut, Maine, Massachusetts, New Hampshire, Rhode Island, Vermont);
Middle Atlantic (New Jersey, New York, Pennsylvania); East North Central (Illinois, Indiana, Michigan, Ohio, Wisconsin); West North Central (Iowa, Kansas,
Minnesota, Missouri, Nebraska, North Dakota, South Dakota); South Atlantic
(Delaware, District of Columbia, Florida, Georgia, Maryland, North Carolina,
South Carolina, Virginia, West Virginia); East South Central (Alabama, Kentucky,
Mississippi, Tennessee); West South Central (Arkansas, Louisiana, Oklahoma,
Texas); Mountain and Pacific (Arizona, California, Colorado, Idaho, Montana,
Nevada, New Mexico, Oregon, Utah, Washington, Wyoming).
17
SUEVEY OF CURRENT BUSINESS
August 1937
recorded increases in total net sales in 1936 in inverse
proportion to the size of the chains (table 1). Chains
operating 10 stores or less showed a 14.1 percent increase while sales of those organizations operating 100
stores and more rose 2.4 percent.
Sales increases for all stores operated were about the
same for the smallest and next smallest groups, and the
variations for all units operating less than 100 stores
were not large. The relative gain for chains operating
100 or more stores was about a third as large as that for
the other chains.
Average Sales Per Store.
For the entire country, average sales per store operated by the reporting chain drug companies amounted
to $104,745 in 1936. By regions, this figure was
highest in the Mountain and Pacific States, where the
average was $120,880 per store, followed by the New
England States with a $102,633 average. The lowest
figure was that of $62,542 shown by the East South
Central States.
The average sales per store varied with the size of
the chain organization, according to the grouping in
table 3. Chains operating 10 stores and less showed
Distribution of Dollar Sales.
an average annual volume per store of $61,500, or
Studies made of the distribution of dollar sales of about half the average for the units of the companies
drug-store commodities by geographic regions, and by operating 100 stores or more.
size of chain organizations, are based on sales of those
Sales, and Average Volume per Store, by Geographic
organizations which reported data for each of the Table 3.—Stores, Regions
and by Chain Size Groups , 1936
classifications. Table 2 reveals some change in the
Identical store un its
composition of chain drug-store sales from 1935 to
1936. For the United States, the percentage of total
Region and size group
verage
Number Total sales ! A
volume
sales represented by tobacco sales decreased from 23.5
of stores
per store
in 1935 to 23.1 in 1936, while the proportion of fountain
GEOGRAPHIC KEGION
sales to total sales increased from 19.6 percent in 1935
$104,745
2,118 $221, 849, 250
United States total
to 21.0 percent in 1936.
England .
141
14,471,237
102, (533
The distribution of sales by size of chains (based upon New
Middle Atlantic
93, 521
44,890, 135
480
39,851,904
North Central
409
97, 437
number of stores operated) shows that tobacco sales East
88, 114
9, 956, 925
113
West North Central
South Atlantic ___.
. . .
93,644
146
13,672.016
accounted for nearly one-fourth of all sales in 1936 in East
2, 6S9, 294
62, 542
South Central
43
106
10, 039, 794
94,715
South Central
chains operating 26 or more stores, and closer to one- West
120, 880
16, 439, 629
136
Mountain and Pacific . _ . _
fifth for the smaller chains (table 2).
CHAIN SIZE GROUP
Table 2.—Percentage Distribution of Chain Drug-Store Commodities by
Geographic Regions and by Chain Size Groups, 1935 and 1936
Region and size group
Tobacco
sales
1936
1935
Fountain
sales
1936
1935
All other
sales
1936
1935
United States total
10 stores and less...
11-25 stores
26-99 stores . .
100 stores and more
2,118
221, 849, 250
104,745
117
330
433
1,238
7,195, 461
23, 095 036
46, 253, 243
145, 305, 510
61, 500
69,985
106, 820
117,371
1
While all chains are represented in the chain size classification, only 80 percent
of sales of reporting firms are distributed b y geographic regions. All sales of firms
giving data b y regions accounted for about 50 percent of chain drug store sales in 1935.
Source: D a t a collected b y t h e Bureau of Foreign and Domestic Commerce.
GEOGRAPHIC REGION
New England
Middle Atlantic
East North Central
West North Central
South Atlantic
East South Central
West South Central
Mountain and Pacific
United States total, all chains
23.1
23.5
21.0
19.6
55.9
56.9
19.4
23.9
25.5
22.3
21.1
20.4
20.7
14.5
19.2
23.9
26.1
23.4
21.4
20.6
20.4
14.7
20.0
24.1
19.8
20.8
23.3
23.2
19.5
18.6
19.1
23.2
18.6
19.8
22.2
23.2
19.5
16.8
60.6
52.0
54.7
56.9
55.6
56.4
59.8
86.9
61.7
52.9
55. 3
56.8
56.4
56.2
60.1
68.5
Sales Trend Continues Upward in 1937.
Preliminary data received from these cooperating
firms for the first half of 1937 indicate an increase in
total chain drug store sales over the same period of
1936 of about 6 percent. Fountain sales have continued to record a more-than-average increase. ToCHAIN SIZE GROUP
bacco sales appear to be increasing at the same rate as
56.9
United States total, all chains
23.1 23.5 21.0 19.6 55.9
that for all sales combined, while the increase in sales
10 stores and less
54.9
18.8 20.0 25 8 25.1 55.4
59.9
11 to 25 stores
20.5 20.3 20.3 19.8 59.2
of "all other" items has been below average. The
56.6
24.4 25.0 19.5 18.4 56.1
26 to 99 stores
56.7
100 stores and more
23.4 23.7 21.3 19.6 55.3
widest increases, by geographic areas, have been in the
East North Central and South Atlantic regions where
Source: Data collected by the Bureau of Foreign and Domestic Commerce.
sales increased about 10 percent.
The ratio of tobacco sales to total net sales decreased
Data on independent drug store sales, which the
from 1935 to 1936 in three of the size groups, and in- Bureau is collecting from 14 States in the Middlecreased in one. The ratio of fountain sales to total net western, Southwestern, and Mountain regions, indisales increased in 1936 as compared with 1935 in each cate an increase for the first half of 1937 approximating
group. The only group reporting an increase in the that for chain drug stores. This estimated increase of
ratio of "all other" sales to total net sales was that slightly more than 7 percent compares with the 10
comprising the smallest chains, those operating 10 percent gain shown for these independent drug stores
in 1936 over 1935.
stores or less.
4514—37
_
3
18
SURVEY OF CURRENT BUSINESS
August 1937
NEW OR REVISED SERIES
Table 28.—CONSTRUCTION CONTRACTS AWARDED, 37 EASTERN STATES (F. W. DODGE
CORPORATION) x
[Revised statistics for 1936]
Total construction—all types
Nonresidential buildings
Commercial buildings
Total
Month
January
February
March -_ _
April
May
June
July
September
October
November
December
.
Total
Projects
Valuation
Number
Thousands of
dollars
7,725
6,441
10,513
13,337
13, 242
13,351
13,890
12 912
12,056
12,966
11, 269
9,605
214,793
140,419
198, 762
234,632
216,071
232, 665
294,735
275 281
234, 272
225,768
208, 204
199, 696
137,307 2,675, 296
Monthly average
11,442
222, 941
Projects
Floor Valua- Projects
space tion
Educational buildings
Floor Valua- Projtion
space
ects
Floor Valua- Projtion
ects
space
Floor Valua- Proj- Floor Valuation
ects space
space
tion
ThouThou- ThouThou- ThouThou- ThouThou- ThouNum- sands of Thou-of Num- sands of sands
Num- sands of sands
Num- sands of sands
sands of sands
of
of Numof
square
ber square dollarsof ber square sands
square
ber
ber
square
ber
dollars
dollars
dollars
dollars
feet
feet
feet
feet
feet
90,480
62,611
81, 244
94,068
82 252
79,079
96,125
80, 380
69,099
79,071
65, 895
72,956
1,391
1,354
1,874
2,353
2,123
1,978
2,064
2,142
1,863
2,044
1,822
1, 406
37, 851 181,383 953, 260
22,414
2,761
2,355
3,105
3,791
3,436
3,411
3,626
3,504
3,079
3,319
2,997
2,467
3,154
16,047
11,384
15,047
17,321
15, 629
15,916
17,543
15, 504
13, 639
14,361
14, 623
14, 370
15,115
79,438
2,991
2,456
4,203
5,253
4,461
5,867
6,185
5,362
4,935
5,194
5,719
4, 551
15,550
12, 568
17, 251
24, 272
18, 785
21,910
28, 641
21,963
20, 065
21,989
22,986
23,156
570
375
339
314
309
377
484
336
260
231
263
239
57,177 249,136
4,097
20, 761
341
4,765
1, 868
39,480
21,123
18,980
23,158
20,726
18, 266
23, 293
12 327
9,242
13,355
13,149
13, 049
272
235
348
450
390
373
408
404
392
457
421
415
43,730 226,147
4,565
7,617
4,100
3,931
4,700
3,859
3,383
4,488
2 423
1,937
2,224
2,677
2, 392
3,644
Public buildings
Religious and memorial buildings
380
18,846
Public utilities
Nonresidential buildings
Social and recreational buildings
Proj- Floor Valua- Proj- Floor Valua- Projtion
ects
ects spaci* tion
ects space
Month
Hospital and institutional buildings
Factory buildings
Floor Valuaspace tion
8,956
13,437
18,411
25, 546
12,895
10,213
19,140
14 980
18,838
18, 392
14,075
23,139
62
59
67
59
67
83
79
81
60
71
56
59
937
5,325
927
1,034
556
1,016
978
1,083
1 095
797
831
688
427
5,651
8,069
4 293
6 074
6,130
7 530
10 551
5 989
8,009
3 448
3,052
40, 292 198,019
803
10,369
74,120
16, 502
67
864
6,177
1,683
2,381
3,315
3,480
2,581
2,919
3,620
3 956
3,831
3,850
3,511
5,165
3,358
Public works
Residential buildings
Proj- Valua- Proj- Valua- Projects
ects
tion
ects
tion
Floor Valuaspace
tion
Thou- ThouThouThou- ThouThou- ThouThouThouNum- sands
Num- sands of Thou-of Num- sands of sands
Num- sands
Num- sands of sands
Num- sands of sands
of
ber square dollarsof
ber dollarsof
ber dollarsof
ber square dollars
ber square dollarsof ber square sands
dollars
feet
feet
feet
feet
January
February
March
April
May
June
July
August
September
October
November
December
_
162
122
134
171
133
173
133
139
140
149
113
83
_ . _.
Total
1,652
Monthly average
138
80
57
12,496
4,342
8,971
6,264
13, 706
14,659
6,557
11,246
6,730
7,991
5,041
4,207
110
128
148
187
191
177
152
149
118
102
177
129
353
419
362
5-16
478
504
455
421
229
240
1,131
812
1,557
2,442
2, 645
3,070
4,150
4,453
2, 722
2,437
1,513
1,322
224
153
233
316
266
240
267
225
212
218
204
163
970
673
1,025
1,604
1,349
719
792
729
678
678
1,099
906
7,542
4,678
8,006
8,094
7,422
4,831
6,814
4,861
5,513
6,899
5, 683
5,032
14, 282 102, 208
1,599
4,313
28, 253
2,721
11, 221
75, 376
133
359
2, 354
227
935
6,281
1,672
720
1,187
1,309
2,001
1,503
896
1,433
1,006
1,163
702
690
1,190
8,517
221
136
205
221
176
167
229
188
224
214
222
167
17, 926
11,939
18,106
23, 753
12, 773
9,264
27, 512
17,945
15, 735
14,171
18, 029
19,117
2,370 206, 270
198
17,189
1,049
701
1,123
1,092
1,102
1,329
1,782
1,238
1,169
1,143
870
582
13,180 714,143
1,098
3,694
3,249
6,080
8,233
8,528
8,444
8,253
7,982
7,584
8,290
7,180
6,389
68,948
34, 694
44,191
49, 660
50, 792
70, 717
99,103
76, 435
68, 767
52,861
55, 839
42,135
37, 440
10, 306
9,115
15, 604
19,736
20, 547
20, 624
20, 501
24, 393
21,181
21,553
19,986
18, 969
31,176
55, 221
67,151
70, 253
73, 605
71,994
100, 523
80, 671
79, 664
68, 441
65, 487
83,906 222, 515
801,624
59, 512
6,992
18,543
66, 802
1
Compiled by the F. W. Dodge Corporation and represent the usual annual revision of the construction data regularly published in the monthly issues of the Survey of
Current Business for total construction, total nonresidential building, public utilities, public works, and residential buildings. Other classes shown above represent a continuation of data shown on pp. 30 to 32, inclusive, of the 1932 Annual Supplement and on pp. 16 and 17 of the 1936 Supplement. Although all data have not been revised for 1936,
the tabulation is presented in its present form for the convenience of the users of these data.
Table 29.—CONSTRUCTION CONTRACTS AWARDED IN 37 EASTERN STATES—PUBLIC AND
PRIVATE OWNERSHIP l
[Thousands of dollars]
]Public ownership
Private ownership
Month
1933
1934
1935
39, 344
33,673
44,812
60,530
92, 548
64,268
85, 264
81,102
80,101
60 926
73, 087
52,012
39, 480
26,637
25, 206
17, 639
23,684
28,804
19,946
47,186
71, 355
100,496
126, 402
155,863
157,477
65, 409
125, 940
77, 834
71, 797
73,286
52, 498
68,635
69, 275
78, 550
73, 753
60,938
54, 550
37, 828
68,011
52, 592
47, 084
63, 618
66, .589
92, 339
97,110
113,688
117,731
195, 961
149,192
78, 831
96,111
104,560
94, 491
116,389
153,302
153,017
115, 561
101,231
89, 086
82, 461
Total
767, 667
682, 698
975, 392 1, 007,107
Monthly average
63,972
56,892
83, 926
1932
January February
March
April
May
June
July
August
September
October
November
December
.
..
_.
_. _-
83,283
193G
1937
1932
1933
1934
1935
1936
45.454
55, 373
67,422
61,175
53, 673
48, 807
43, 505
52, 886
47, 426
46, 348
32, 215
29, 207
43, 876
26, 076
34, 752
38, 934
53, 488
73, 538
62, 608
58, 803
48, 779
44,871
35, 939
51,347
28, 987
31,307
52, 406
53, 323
62, 566
53, 770
67,165
50, 957
40, 876
56, 675
37, 938
31, 747
45, 218
37, 219
54,930
71,428
79, 637
84, 387
92, 669
76, 218
70, 266
86,908
70, 384
68,175
65, 601
61, 588
102, 651
130,072
121,580
116,276
141,433
122, 265
118,711
124, 537
119,118
117, 235
1,334,232
583, 491
573,011
567, 717
837,439
1,341,067
111,186
48,624
47,751
47,310
69, 787
111,756
112,345
69,381
66,355
74,164
92, 585
137, 709
i Compiled by the F. W. Dodge Corporation and represents a division of the total valuation of construction contracts awarded, based upon ownership.
1937
130,482
118,875
164,891
195,570
151,528
180, 428
19
SURVEY OF CURRENT BUSINESS
August 1937
Table 30.—CLASSIFICATION, BY INDUSTRIES, OF NEW SECURITIES EFFECTIVELY
REGISTERED WITH THE SECURITIES AND EXCHANGE COMMISSION x
[Estimated gross proceeds in thousands of dollars]
Year and
month
Extractive
industries
Total
1933
July
August
September
October
November
December
Total.
_
Monthly average.
1934
January
_
February
March
April.
May
June
July
August
September
October
November
December
Total
Monthly average
1935
January
February
March
April
May
June
Manufacturing industries
Financial
and
investment
163,656
40,957
19, 525
39,155
76,130
62, 542
925
4,655
1,652
1,465
5,594
5,874
770 161,961
1,674 34,628
12, 814
4,272
17,130 12, 940
12,277 56,816
22,991 31,152
401, 965
2 66,994
20,165
2 3, 361
67, 656 301, 769
2 11, 276 2 50, 295
66, 769
75,940
24, 717
115, 569
19,463
54,983
6,174
3,606
5,381
6,117
461
600
2,748
1,282
803
150
3,861
101, 537
41, 236
36, 004
29, 567
34, 547
40, 241
11, 057
8,627
6,160
19, 610
5,051
5,394
5,390
21,291
1,379
4,164
1,424
1,017
Trans- Electric
porta- light
Other
tion
and
inand
power,
com- gas and dustries
muni- water
cation
787
850
1,443
25
3,105
2 518
6,228
2,500
54,187
29,101
12,413
78,898
5,910
48, 611
51,445
13,851
30, 783
4,500
12,982
34,938
30, 000
~~8~667~
187
43, 500
556
2,038
2,538
3,013
2,385
330
602
3,346
186
2,374
20, 100
9,600 10, 391
425
Year and
month
Trans- Electric
porta- light
Other
tion
and
inand
power, duscom- gas
and
tries
munication water
Manufacturing industries
1, 518
15,616
5,060
2,883
5,322
28, 784
210, 669
54, 303
150, 532
70, 594
68, 604
36, 954
223,141
78,121
6,510
797, 554 479, 694 128,985 1, 047, 803 145,537
87,317 12.128
66,463 39,975 10, 749
275, 696
212, 089
583, 391
751,013
319,319
523,439
362,925
286,022
260, 080
526, 330
266, 026
698,408
6,578
3,971
425
12, 221
10, 327
6,372
3,701
3,521
2,958
3,238
1,904
14,274
2,720
163,121 28, 754
700
60, 703 36,190
177, 998 49, 910 12, 767
263,893 71,822 155,176
128,500 95, 818
232, 075 69,348
1,467
61,402 106, 654 22,002
55, 473 114,140
2, 767
116, 052 56,456
3,861
109, 923 90, 347 190,918
7,249
3,723
110, 646
79, 234 89, 565 198,393
Total
1935—Continued
530,475
July
254, 062
August.
319, 874
September
406, 087
October
289,772
November
212, 085
December
2, 677, 694
Total _.
M o n t h l y average.
1936
January
February
March
April
May
June—
July
August
September
October
November
December
Total
5,
Financial
and
investment
Extractive
industries
95, 695 19,634
76, 905
9,888
110,441 52, 037
240
14, 384
18, 709 46, 835
199, 034 3,925
32,182 75, 056
153, 269 1,125
163, 011 7,121
193, 422 7,800
35, 553 45, 250
27,810 46, 713
95, 675 14,850
237,182 105,109
204,400 43, 501
79,003
5,671
197, 350 16,827
158, 605 10, 561
49, 516 60, 605
79,998
755
119,775 12,129
78,543 63,961
193,571 123, 371
640, 573
53,381
32,152
90, 564 377, 619
7,547 31,468
114,428
9,536
25,810
2,679
2,151
M o n t h l y average.
064, 738
422, 062
69, 490 1, 559, 020 816, 253 594, 494 1, 521,428 504, 053
126,786 42, 004
5,791
129,918 68, 020 49, 541
11, 044
36, 843
130, 016
154,597
140, 208
192, 631
1,750
525
6,603
3,827
892
5,341
7, 310
150
34,513
45,136 24,257
18, 589 59,026
89, 033 18,802 10, 089
52, 260 9,764
1,730
875
52,175
72, 755
20,415
123, 382
104
50
1,845
400
977
1, 884
1937
January
February
March
April
May
June
429,990
491,400
469,907
288, 076
238, 068
369. 065
5,431
3,643
10, 438
4,457
2,985
9,572
185, 533 48, 374
205, 491 37,211
97, 428 154,179
159, 782 13,893
155,131 14, 985
117, 685 52. 732
4,658
27, 766
23, 005
43,375
26,100
86, 697 99, 297
143,963 101,092
134,800 45, 296
10, 547 76, 392
2, 492 19,100
142, 340 20, 637
1
Compiled by the Securities and Exchange Commission and represents the volume of new securities (i. e., securities other than those issued in connection with exchanges of
securities for the registrants or their predecessors' securities, or in connection with the issuance of voting trust certificates or certificates of deposit) covered by registration statements that have become fully effective (i. e., registered with the Commission). The data do not include those registrations which have been made effective under notice of
deficiencies and effective under notice of hearings. They do not include data on registration statements filed and not yet effective, whether because of stop or refusal orders,
withdrawals, or because examination has not yet been completed. The data are based solely on the registration statements as filed by the registrants with the Securities
and Exchange Commission. All data refer to registrants' intentions as of the date of filing or of later amendments and do not cover the actual sales of securities. Thefilingof
registration statements was made mandatory under the provision of the Securities Act of 1933. Additional details are shown in the monthly reports of the Commission.
2
Average of months shown.
Table 31.—FINISHED COTTON CLOTH
[Thousands of yards]
Production
Month
January., . _
February
March
April. .
May
_
June
July—
August -_
September
October
November
December. .
Total
Monthly average--
Bleached,
plain
... .
._
.
January.. _
February
March.. _
April .
May
June
July—. _
August...
September
October
November.
December
Total
Monthly average
.
.
._ ._
Dyed,
colors
122, 441
76,390
132, 216
88,856
163, 201
117,119
104, 295
149, 615
97, 469
136, 575
73,675
106, 369
66, 221
100, 663
73,374
112,815
73,130
111,192
89,084
133,918
87,349
126, 284
87, 660
128,449
1, 523, 738 1,034, 622
126, 978
86, 219
Dyed,
black
Printed
1934
4,744
99, 553
5,239
104, 555
6,393
130,969
122, 523
5,894
114,403
5,813
83,124
4,867
75, 569
5,665
84,205
5,717
90, 456
6,139
125, 945
7,956
113, 742
6,669
107,005
6,091
115, 094
116, 732
130, 660
133,122
126, 336
116,604
123, 516
132, 642
139, 298
147,464
124, 446
140, 508
71,187 1, 252, 049
5, 932
104, 337
1936
6,431
113,451
5,863
103,258
5,774
108, 580
5,824
105, 741
6,157
103, 612
6, 585
99, 909
9,135
106,182
11,082
109,283
7,740
111,118
10,437
128, 227
7,107
122, 237
8,416
134,003
1, 740, 215 1, 546,422
145,018
128,869
90, 551 1, 345, 601
7,546
112,133
130,462
123,866
141,875
140,478
140,466
140,006
143,808
145,397
148,115
167, 411
148,811
169,520
Stocks, end of
month
Bleached
plain,
dyed
Printed
colors,
dyed
black
331, 787
324,142
325, 862
307, 783
309. 353
313, 279
308, 924
268, 492
265, 926
276,033
297,158
283, 449
105, 910
104,583
99, 267
106,018
106, 756
117, 624
109, 374
100, 705
100, 731
108,451
111,369
107, 211
300,990
106,500
262,128
262, 584
237, 551
246, 355
253,219
245, 948
184, 649
208,818
237, 240
231,751
243,369
253, 412
119,172
115, 780
112,654
108, 392
119,896
122, 210
107, 294
105, 691
113,614
117, 209
115,491
122,114
238, 919
114,960
Production
Bleached,
plain
140, 980
134,048
144,699
140, 678
133, 906
104,565
105, 571
115, 661
115, 249
143, 908
133,182
132, 959
Dyed,
colors
106, 348
104,600
117,890
110,149
99,905
79, 240
85, 455
95,101
105,142
125, 065
116,546
105, 946
1, 545, 406 1, 251, 387
104.282
128, 784
158,507
151, 363
166,600
155, 279
140,065
119,672
136, 493
122, 232
135,560
125,154
108,888
92,190
Dyed,
black
Printed
1935
125, 398
7,573
124,389
6,197
128,534
6, 569
102, 526
5,898
97,078
6,038
69,145
6,039
57, 353
7,320
74, 829
7,962
86,168
7,822
107, 333
8,901
111, 785
7,598
120,261
5,459
83,376 1, 204, 799
6, 948
100,400
1937
7, 595
135,817
6,415
120, 758
130,393
6, 677
120, 262
7,172
104,410
7,729
88, 294
6,555
Stocks, end of
month
Bleached
plain,
dyed
Printed
colors,
dyed
black
283, 268
273,239
286,010
290,834
288, 485
373,008
266, 551
251, 658
240, 347
253,922
258, 995
261,731
104,107
102, 540
103,955
102,409
107, 268
113,453
90,180
92, 820
87, 590
104, 935
110, 245
123,470
277, 337
103, 581
248,338
250,148
260,013
262,864
276, 273
?80, 983
278,425
115,428
114,852
113,050
119, 571
125, 754
129, 359
120, 930
* Compiled by the U. S. Department of Commerce, Bureau of Foreign and Domestic Commerce, from data compiled by the National Association of Finishers of Textile Fabrics.
The revision of the production data was occasioned by adjustment of the monthly figures for 1934,1935, and 1936 to revised annual estimates for the entire industry, which are
also made by the Association. The data for 1934 through May 1935 were practically complete, but the coverage dropped sharply in June 1935. Using an identical sample
for 1935 and 1936, based on the reports of 97 companies accounting for approximately 70 percent of the total output of the industry, it was possible to raise the figures to industry
totals and thereby derive series comparable with the figures for 1934. No serious distortion in the December 1934-January 1935 percentage changes for the 4 series resulted
from this procedure; these changes were practically the same as those occurring in the original sample which, until the middle of 1935, represented practically the entire industry. The figures for 1937 have been raised in the same proportion as those for 1936, no important shift in the current sample as compared with the identical sample for 1935
and 1936 being apparent. Industry totals for stocks (heretofore published as reported) are derived by applying to the raised production figures the ratio of stocks to production as indicated by the original sample. All figures are reported by the Association on a 13-month basis; the production figures are here prorated to calendar months, while
stocks are as of the end of each 4-week period, except that the twofiguresnearest the middle of the year are averaged.
20
SURVEY OF CURRENT BUSINESS
August 1937
Table 32.—TEA STOCKS IN THE UNITED KINGDOM l
[Thousands of pounds]
Month
1913
January
February..,
March
ApriL
May
June
July
August
September.
October
November.
December..
1914
136,051
129, 395
121, 477
103, 272
87, 568
77,099
72, 655
82, 223
99, 717
112, 632
125, 434
138,005
107,127
Monthly average..
1926
1925
January
February._
March
April
May
June
July
August
September.
October
November..
December..
222,
231,
228,
215,
188,
178,
162,
165,
180,
181,
188,
198,
Monthly average
195, 206
1915
133, 872
127, 768
117,377
107, 267
87, 361
77,436
78, 959
81, 039
88, 093
64, 544
74, 486
117, 848
96, 338
209, 037
201, 408
194,162
178, 565
161, 972
154, 751
147,209
156, 559
175, 012
186, 021
195,912
202, 712
180, 277
1916
130,139
122, 200
96, 018
73, 596
74, 041
75,172
83, 946
90, 181
116, 419
130, 258
148, 464
148,196
107, 386
1927
150,161
118, 725
96,103
100, 013
98, 873
84, 508
84,983
97, 018
118,663
127, 237
122, 873
130, 247
110,784
1928
217, 783
211,883
188, 551
175, 080
157,172
144, 555
136,531
146, 631
163, 838
185,155
213, 808
239, 085
181, 673
252, 927
249,983
239,843
220,474
195, 988
179, 214
170, 519
179,106
194, 681
209, 701
224, 717
240, 738
213,158
1917
1918
118, 207
94, 441
92, 557
86, 099
86, 472
72. 949
64, 793
46, 838
34, 850
32, 131
37, 745
37, 400
67, 040
1929
63, 427
69, 945
85,180
85,161
92,957
91, 330
81, 764
84,019
76,011
97,159
122, 646
135, 295
90, 408
1930
251, 387
253, 716
259, 651
241, 700
215, 500
201, 400
199, 500
209, 000
220, 200
241, 400
256, 900
283, 800
236,180
290, 400
290, 900
270, 900
255, 400
233,800
227, 400
218, 600
233, 400
242,100
254, 600
264, 200
283, 800
255, 500
1919
1920
132,127
147, 042
157, 570
149, 671
151, 589
161, 561
143, 729
133,138
142, 959
145, 774
169, 861
213,083
154, 009
1931
296, 500
293, 000
262, 500
229, 500
222,100
219, 500
214, 200
222, 500
210, 800
223, 300
236, 800
264,000
241, 200
1921
215, 175
203, 061
212, 645
207, 520
212,152
214, 986
212, 759
214, 843
215, 251
220,137
223, 229
214, 362
213, 843
1922
219, 377
223,179
229, 568
233, 018
228, 793
218, 290
207, 448
197,433
190, 799
190,129
196, 534
205, 420
211,666
1932
208,115
221, 362
219, 645
214, 484
192, 396
170, 478
153,198
142,137
151,510
152, 095
158, 357
169, 776
179,463
1933
267,800
259,100
229, 700
184, 400
196,100
196, 200
197, 900
218, 000
235, 500
256, 800
283, 400
306, 800
236, 000
1923
186, 035
176, 681
183, 413
167, 763
141, 659
126, 792
112, 890
121, 935
134, 170
146,990
152, 288
105, 666
151,357
1934
317,120
311,969
295, 843
288, 474
278, 612
269, 841
254, 069
253. 558
253,167
265, 601
270, 322
288, 220
278, 900
1924
161,332
1936
1935
291, 453
283, 261
273,183
260, 215
241,924
235, 346
231, 872
243, 845
255, 758
276, 748
278, 971
302, 026
264, 550
181,615
186, 998
191, 442
188, 151
150, 251
136,729
119,143
126, 499
135,118
148,733
171, 928
199, 375
304,113
298, 451
288, 710
276, 763
254, 926
245,167
237, 579
239,180
240, 313
245, 953
248,184
265, 442
271,919
262, 392
249, 295
240, 259
229, 358
219, 049
206, 567
217,461
220, 958
227, 395
236, 037
234, 464
262, 065
234, 596
i This series represents a continuation of data shown in the Survey of Current Business through the October 1929 issue. The data were compiled by the British Board of
Trade for the periods January 1913-March 1929 and January 1933 to date. From April 1929 through December 1932 the data are estimates based on figures reported by the
Tea Brokers Association of London, the members of which are estimated to handle about 90 percent of all tea imported into the United Kingdom. Tea stocks represent all tea
held or entered o be warehoused in the bonded warehouses of Great Britain and Northern Ireland as of the last day of the month. For 1937 data see p. 44 of this issue.
Table 33.—PRODUCTION OF MANUFACTURED TOBACCO, BY CLASSES
[Thousands of pounds]
1934
Month
January
February
March
April
_
May...
June
July
August
September. .
October
November..
December _..
TotalMo, average.
Total
Finecut
chewing
26, 094
25, 261
27, 842
24,659
25,796
26, 823
25, 501
28, 269
24, 230
27, 681
25,169
20,953
282
243
221
232
411
416
379
435
352
378
241
212
308, 279
3,802
25, 690
317
1935
Plug
Scrap
chew- Smoking Twist Total
ing
5,140
5,552
6, 210
5,351
5,126
4,851
5, 229
5,825
5,005
5,518
4,879
4,160
62,845
5,237
4,063 16,193
3,561 15, 479
3,717 17, 250
3,507 15,151
4,005 15,872
4, 456 16, 652
3,461 16, 030
3,980 17, 565
3, 168 15, 337
3,566 17, 792
3,464 16,141
3, 058 13,153
44, 006 192, 615
3. 667 16, 051
Finecut
chewing
417
426
444
417
384
447
403
464
367
427
444
371
26, 012
23,171
24, 613
24,985
27,352
25, 482
26, 437
27, 499
26, 088
29, 281
23, 753
21,871
253
192
368
400
419
415
462
465
423
461
368
394
5,011
306, 513
4, 621
418
25, 545
385
1936
Plug
Scrap
chew- Smoking Twist Total
ing
5,108
4,711
4,907
5,142
5,230
5, 000
5,386
5,323
5,117
5,928
4,727
4,052
60, 630
5,053
3,769 16, 431
3,170 14, 658
3,484 15, 424
3,601 15, 443
4,007 17, 212
4,009 15, 558
3, 634 16, 489
4,071 17,157
3,673 16, 403
4,068 18. 281
3,408 14, 812
3,084 13, 884
43, 977 191, 752
3, 665 15, 979
Finecut
chewing
24, 868
24, 572
26, 758
26, 362
25, 261
26, 291
27, 887
24,329
27, 025
28, 395
23, 976
24, 369
413
353
379
402
560
446
612
403
562
435
409
522
5,562 310, 093
464 25, 841
5,498
450
441
430
398
483
500
466
482
473
543
438
457
458
Scrap
Plug chew- Smoking Twist
ing
4,596
4, 804
4,988
5, 048
4,907
4,733
5, 253
5, 013
5,539
5,328
4,500
4,455
59,165
4. 930
3,617 15, 797
3,460 15, 434
3,548 17, 281
3,944 16, 437
3,483 15,825
4,141 16, 413
4,183 17, 291
3,951 14,423
3,749 16,639
3,992 18, 036
3,371 15, 203
3,440 15, 375
44, 881 194,155
3.740 16,180
445
521
561
530
485
557
547
538
536
603
493
577
6,394
533
vailable,
i C ompiled b y t h e U. S. Treasury Department, Bureau of Internal Revenue, and represent t h e production of all m a n u f a c t u r e d tobacco except snuff. D a t a are n o t avail
Statistics for 1937 are as follows: J a n u a r yy,, total,, 23,093,
fine-cut chewing,
scrap
t
prior ttoo 11934.
9 3 . Sta
,
g, 382,, pplug,
g , 4,624.
,
p chewing,
g, 3,147,
, , smoking,
g 13,436,
, , a n d twist,, 503;; F e b r u a r yy,, total
l
4 9 0 scrap chewing,
h i
3810 smoking,
ki
14328 a n d twist,
t i t 494;
494 M a rhc h , total
t t l 28,099,
28099 fine-cut
h i
435 plug
l
5348 scrap chewing,
hi
44,129,
n efitc u t chewing,
435,
22,913,
4,909,
3,810,
14,328,
5,348,
22913 fine cut chewing, 372, plug,
,124, a n d t wi i st t , 613.
s m o k i n g , 17,535, a n d t w i s t , 653; April, t o t a l 27,029, fine-cut chewing, 530, plug, 5,002, scrape h e w i n g , 3,760, smoking, 17,124
613
Table 35.—EMPLOYMENT AND PAY ROLLS,
PENNSYLVANIA AND PHILADELPHIA1
Table 34.—FACE BRICK
[Thousands of brick]
Stocks, end of the m o n t h
Shipments
Month
January
February. __
March
April
May
June
July
August
September
October
November
December
Total
Monthly average
—
1934
1935
1936
9,249
10, 732
19,319
28, 207
31,614
32, 680
36, 786
37,104
34, 516
39, 530
29,157
20,311
14,379
9,940
36, 475
51, 642
65, 694
67, 340
63,049
58,946
58, 797
60, 877
46, 991
36, 970
326,107
323,511
317,090
317, 763
309,645
306, 236
305, 844
303,998
302,302
298, 562
300, 862
303, 565
306, 581
304, 969
297,408
287, 223
284, 722
284, 286
281, 731
275,952
274, 520
271,137
273, 050
281, 497
287, 211
297,175
288, 835
278,152
269, 004
264, 056
264,335
270.048
269, 206
209, 685
276, 793
289, 657
223,143 329, 205 571,100
18,595 27,434 47, 592
309, 624
285,256
277, 013
14,138
8,739
14,104
18,410
23,338
20, 953
20,278
23,271
20, 848
27,176
19, 723 .
12,165
i Compiled by the U. S. Department of Commerce, Bureau of the Census, from
reports of 260 identical plants. The production of these plants (using the shipment
and stock data to compute the production figures) represented approximately 66
percent of the entire face-brick production in 1934, 65 percent in 1935, and 68 percent in 1936. For 1937 figures see p. 53 of this issue.
[Monthly average 1923-25 = 100]
1936
1935
1934
Employment
Month
January
February
_March
April
May
. _
June
July
August
September
October
November
December
Monthly average
1
Pennsylvania
Pay rolls
Philadelphia
Pennsylvania
Philadelphia
1935
1936
1935
1936
1935
1936
1935
74.3
75.8
76.8
76.0
75.4
74.9
75.0
76.6
78 1
79.4
79.1
79.0
76.7
77.0
77.4
77.9
79.3
79.7
80.9
82.6
84.7
87.0
88.2
87.6
88.4
82.6
87.0
87.2
88.7
88.6
88.1
87.8
87.9
89.1
90.9
92.7
93.1
93.7
89.6
91.3
91.6
92.6
92.5
92. 5
93.3
94.6
97.2
100.3
101.7
102.7
103.8
96.1
58 2
62.0
63.7
63.0
61.9
59.8
58.0
63.9
65.0
70.4
68.6
68.4
63.6
66.1
67. 3
69.1
73.0
74.6
76.4
76.8
81.7
82 6
87.8
86.5
91.2
77.8
72.3
72.8
75.1
75.0
73.0
73.2
72.3
76.4
79.4
81.5
80.4
81.0
76.0
1936
78 8
78.7
80.6
77.4
80.5
82.0
83.0
89.2
89.3
95.0
95.1
97.8
85.6
Computed by the Federal Reserve Bank of Philadelphia, and represent minor
revisions of monthly data occasioned by the receipt of additional reports.
21
SURVEY OF CURRENT BUSINESS
August 1937
WEEKLY BUSINESS INDICATORS'
[Weekly average,
1 9 3 7
1 9 3 6
J u l y J u l y J u l y J u l y J u n e J u l y J u l y
24
1 7 1 0 3 2 6
25 1 8
Business activity:
N e w Y o r k Times*
Business W e e k *
_-
C o m m o d i t y prices, wholesale:
D e p t . of L a b o r , 1926=100:
C o m b i n e d i n d e x (784)
F a r m p r o d u c t s (67)
F o o d (122)
A l l o t h e r (595)
Fisher's index, 1926=100:
C o m b i n e d i n d e x (120)
Copper, electrolytic^
Cotton, middling, spot
87.8
91.1
86.1
86.2
87.7
90.5
86.8
86.1
87.2
89.7
85.3
85.9
86.7 8 0 . 2
88.4 8 1 . 4
84.4 8 1 . 0
85.9
9 2 . 3 92.5 92.9 92.5 92.0 8 3 . 2
100. 0 100. 0 100.0 100.0 100.0 6 7 . 4
43.4 46.0 48.2 46.0 46.7 4 8 . 5
61.8 76.3
82.8
80.4 80.3 71.2 84.1 80.
125.4
117.3
80.1
80.8
81.3
79.
J u l y
24
July
20
1 0 7 . 1 110.1 109.7 107.8 107.5 1 0 1 . 1 100.4 85.5 84.8
7 8 . 3 79.0 79.7 78.7
63.8 64.4
77.3
87.5
88.4
86.0
86.3
1923-25=100]
1935
79.2 79.1
77.1 77.2
82.2 82.0
77.9
83. 3 82.6 81.7
67.4 56.5 56.5
48.5 44.9 45.2
84.6 no. 2 47.6 36.5
76.2 75.1 62.1
104. 3 66.6
Construction contractst
Distribution: Carloadings
E m p l o y m e n t : Detroit, factory.
Finance:
Failures, commercial
Security prices:
B o n d pricest
Stock prices t
113.5 113.4 113.3 111.8 112.3 115.6 115.4 108.2 108.3
137. 2 133. 8 132. 5 126. 6 127. 0 137. 5 135. 5 103. 0 01. 8
*C o m p u t e d n o r m a l = 1 0 0 .
• D a t a do not cover calendar weeks in all cases.
36.4 37.3 26. 5 38.1 36.4 34. 6 33.4
51.4
Finance—Continued.
Banking:
Debits, outside N. Y. C t Federal Keserve reporting
member banks:
Loans, total
Interest rates:
Call loanstTime loanst
Money in circulation I
Production:
'/Automobiles
Bituminous coalj
Cotton consumption!
I? Electric powerf
' Lumber
.
* Petroleum!
"*'Steel ingots
Receipts, primary markets:
Cattle and calves
Hogs
Cotton
Wheat
JDaily average.
1 9 3 7
1936
J u l y J u l y J u n e J u l y July
3
26
25
18
July
(0.8 91.1 74.0 81.6
1 1 4 . 0 102.2
100.4
77.9
67.3 63. 5 64.0
78.1 78.1
77.7 77.
July July
27 20
24.2 24.2 24.2 6.1 6.1
2 4 . 2 2 4 . 2 24.2 24.
2 8 . 6 2 8 . 6 28.6 28.6 28.6 28.6 28.6 5.7 5.7
1 3 2 . 8 1 3 3 . 2 1 3 4 .1 133.4 131.9 126.9 127. 113.4 114.0
1 1 5 . 4 151.2
69.
o.e 135.
135. 6 137.9
61.8 57.8
171.7 170.
134. 7 136.3
131.1 161.1 158. 6
75.4 70.8 69.9
28.1 135.5
134. 3 134. 3
55.1 49.5
1.7
169.0 169.3 169. 5
123.2
128.1
127.0 19.3 108.
71.6 68.8 61.8
120. 3 89. 6
125. 3 126.1 109. 5
55.8 48.6 43.8
42.2 143. 0 131. 3
115. 3 112.1 73. 3
109.1
53.7
89.1
108. 5
36.7
31. 5
68.5
62.3 84.5
24.2 22.9
26.2 20.8
323. 8 376.4
68.8
24.3
18.5
305. 3
78.6
44.8
30.0
235. 8
79.8
41.7
21.2
314. 0
70.1
27.1
24.2
85.4
83.5
29.3
22.
178.0
tWeekly average, 1928-30=100.
91.6,
30. 5
27.3
84.1
62. 6
29.1
34. ()
10.2
^Seasonally adjusted.
WEEKLY BUSINESS STATISTICS*
1937
1935
1936
1934
June 26
June 19
July 25
July 18
July 27
July 20
0.138
.125
2.84
39.83
1.21
0.138
.127
2.81
39.78
1.20
0.138
.126
2.82
39.80
1.24
0.093
.132
2.76
33.51
1.11
0.093
.132
2.74
33.49
1.11
0.078
.122
2.60
32.55
.99
0.078
.123
2.58
32.42
.95
0.088
.130
2.18
32.28
1.00
4,292
4,403
3,969
4,740
3,605
4,619
4,042
4,828
3,883
4,212
3,472
4,226
3, 548
3,429
4,185
3,783
2, 861
3,011
2,585
4
15
2,526
6,928
964
2,578
4
13
2,526
6,827
875
2,562
4
10
2,526
6,900
865
2,562
4
13
2,526
6,854
814
2,583
5
14
2,526
6,808
752
2,466
3
3
2,430
5,935
2,986
2,478
3
3
2,430
5,872
2,923
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
15,018
5, 251
12,473
8,240
15,031
5,250
12, 449
8,254
14, 855
5,249
12, 483
8,297
15,187
5,235
12, 530
8,301
15,289
5,233
12, 648
8,374
15,242
5,233
12, 832
8,556
14,857
5,014
14, 098
9,471
14, 746
4,999
14,102
13,132
4,851
12,123
8,073
13,138
4,839
12, 096
8, 044
13, 436
5,019
10, 494
7,186
1,195
9,740
1,154
9,714
1,141
9, 734
1,152
9,760
1,160
9,766
1,165
9,741
1,277
8,348
1,276
8,412
1,013
7,931
996
7,993
8,421
579
3.S47
1.00
1.25
572
3, 835
1.00
1.25
558
3,773
1.00
1.25
566
3.765
1.00
1.25
566
3,742
1.00
1.25
565
3,761
1.00
1.25
1.00
1.25
1.00
1.25
.25
.25
.25
.25
1.00
1.00
3,745
4.98
148
6,448
3. 854
4.97
152
6, 468
3.867
4.96
108
6, 514
4.088
4.94
155
6,478
4.457
4.94
148
6, 405
4. 453
4.94
166
6,423
6.617
5.02
141
6,160
6.627
5.03
136
6,199
6.613
4.96
215
5,509
6. 633
4.96
209
5,538
6. 590
5.04
215
5,310
38, 380
101.64
5,501
133.27
120. 7
143.0
97.8
53.1
34,880
101. 58
4,596
129.98
118. 3
140.2
95.5
52.4
37, 920
101.42
4,993
128. 72
117.8
139.3
95.7
53.4
41, 080
100.11
3,484
122. 94
111.7
132. 2
90. 6
49.8
42, 640
101.13
5,103
123.12
110.4
130.2
89.3
52.2
56, 260
103. 51
7,732
133.46
112.7
128.2
108.4
53.2
79, 470
103. 33
8,666
131.60
111.2
126.3
108.1
52.7
50, 400
96.89
7,464
100. 01
80.0
92.9
72.4
34.8
49, 900
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
88, 055
1,208
2, 259
3,576
82
9,919
115, 380
1,189
2,298
3,558
83
12, 246
100,031
1,284
2,096
3,521
122,
890
1,206
2,238
3,526
70
13, 288
121,
620
1,185
2,214
3,511
76
12, 788
96, 863
1,215
2,088
2,961
70
13, 576
91,027
1,172
2,100
2,978
68
9,666
82,894
1,052
1,824
2,735
44
7,642
83, 255
914
1,807
2,739
41
5, 863
69, 562
991
1, 684
2,547
27
3,338
770,980
119,239
41, 899
51, 648
9,401
165, 609
77,470
305, 714
770, 075
115, 798
42, 087
49,127
10, 481
162,954
79, 733
309, 895
682,
107,
47, 201
10,121
140, 404
74, 571
269, 751
806,168
127, 956
41, 723
51, 878
11, 442
169,147
78, 790
325,232
773,
123,
39,
41,
12,
166,
74,
316,
733
234
753
383
441
576
337
009
756, 289
122, 652
39, 471
31,431
10.414
168,035
72, 085
312, 201
730,981
121, 558
34,700
54,999
13,648
162, 337
55,174
288,565
720, 359
117,170
33,986
58, 573
12, 317
160, 464
53, 680
284,169
595, 572
107, 476
28, 682
33, 357
9,672
154, 978
34, 700
226, 707
592, 672
94, 380
28, 415
33, 384
10,164
155, 880
34,122
236, 327
610, 042
106,198
21,713
43, 627
26, 295
158, 514
30, 803
222, 892
197
157
68
25, 760
267
149
54
29, 944
217
158
48
24. 289
264
190
59
14,162
289
198
71
6.687
250
178
66
3,172
248
291
78
18, 758
252
271
55
24,975
198
189
90
8,766
221
176
63
6,794
571
397
83
8,381
July 24
July 17
July 10
0.138
.118
2.88
40.11
1.22
0.138
.125
2.90
40.04
1.25
0.138
.131
2.90
39.91
1.22
3,529
4,657
3, 565
4,596
2,564
3
12
2,526
6,858
874
July 3
July
28
C O M M O D I T Y PRICES, WHOLESALE
Copper, electrolytic. New Y o r k dol. per lb_.
Cotton, middling, spot, New York
do.
Food index (Bradstreet's)
do
Iron and steel, composite
dol. per t o n . .
Wheat, No. 2, hard winter (Kansas City)_dol. per bu._
FINANCE
Banking:
Debits, New York City.
mills, of d o L .
Debits, outside of New York City
_do
Federal Reserve banks:
Reserve bank credit, total
__do
Bills bought
__
do.
Bills discounted
do.
U. S. Government securities
do
Member bank reserve balances.
do
Excess reserves, estimated
do
Federal Reserve reporting member banks:
Deposits, net demand, adjusted
do
Deposits, time
do
Investments, total
do
U. S. Government direct obligations
do
Obligations fully guaranteed by U. S. Government
mills, of doL_
Loans, total <£>
do___
Commercial, industrial, and agricultural loans:
On securities
mills, of dol._
Otherwise secured and unsecured
do
Interest rates, call loans
percent..
Interest rates, time loans
do
Exchange rates:
French franc (daily av.)
cents_.
Pound sterling (daily av.)
dollars-.
Failures, commercial
number..
Money in circulation
mills, of d o l . .
Security markets:
Bond sales (N. Y. S. 2?.)___thous. of dol. par value..
Bond prices, 40 corporate issues
dollars..
Stock sales (JV. Y. S. E.)
thous. of shares__
Stock prices (N. Y. Times)
dol. per share..
Stock prices (standard Statistics) (419)
1926=100..
Industrials (347)
do
Public utilities (40)
do
Railroads (32)
do
P R O D U C T I O N , CONSTRUCTION, AND
DISTRIBUTION
Production:
Automobiles!
number..
Bituminous coal (daily av.)
thous. of short tons__
Electric Power
mills, of kw-hr__
Petroleum
thous. of bbL_
Steel ingots (Dow-Jones est.)
pet. of capacity..
Construction-contract awards (da. av.)_.thous. of dol_.
Distribution:
Freight-car loadings, total
cars..
Coal and coke
do
Forest products
do
Grain and products
do
Livestock
do
Merchandise, 1. c. 1
do
Ore
do....
Miscellaneous
do
ReceiptsCattle and calves
thousands..
Hogs
do
Cotton into sight
thous. of bales..
Wheat at primary markets
thous. of b u . .
^Beginning June
12, Ward's estimates are used.
205
258
35, 420
100. 60
2,926
123. 35
112. 3
132.7
90.4
51.5
032
1,191
2,238
3,530
75
111,
• D a t a do not cover calendar weeks in all cases.
® See p. 32, footnote marked "<§",
22
SURVEY OF CUEEENT BUSINESS
August 1937
Monthly Business Statistics
The following table represents a continuation of the statistical series published in the 1936 Supplement to
the Survey of Current Business. That volume contains monthly data for the years 1932 to 1935, inclusive, and
monthly averages for earlier years back to 1913 insofar as available; it also provides information as to the sources
of the data and sufficient descriptive material for a proper interpretation of each series. These notes also indicate
the source from which monthly figures prior to 1932 may be obtained. It is essential that all users of the SUEVEY
have this base book which may be secured from the Superintendent of Documents, Government Printing Office,
Washington, D. C , for 35 cents per copy.
A few series have been added or revised since the 1936 Supplement went to press. These are indicated by
an asterisk (*) for the added series and by a dagger (|) for the revised series. A brief footnote accompanying
each of these series provides a reference to the source where the descriptive note may be found.
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 1935, to- 1937
gether with explanatory notes and references
to the sources of the data may be found in the
June
1936 Supplement to the Survey.
June
July
Novem- DecemAugust SeptemOctober
ber
ber
ber
BUSINESS
BUSINESS ACTIVITY (Annalist)
Combined index
computed normal=100..
Automobile production
.do
Boot and shoe production!
do
Car loadings, freight
do
Cement production
do
Cotton consumption
do
Electric power production
do
Lead production
do
Lumber production
do
Pig iron production
. _ do
Rayon consumption
do
Silk consumption
do
Steel ingot production _ _„
do
Wool consumption
do
Zinc production _ . _.
do
INDUSTRIAL PRODUCTION
107.1
125.6
129.2
100.2
60.2
148. 5
107.4
87.6
96.3
110.1
126.2
79.8
99.8
1937
1936
January
February
March
April
May
INDEXES
96.0
97.6
112.5
108.1
92.3
62.9
118.8
99.7
84.7
82.7
91.3
129 8
70 3
97.0
108.4
88.0
102.4
118.9
129.2
95.1
64.2
141.5
102.1
87.3
84.6
95.5
145 4
77.2
100.3
112.9
89.8
102.5
107.3
128.1
93.0
71 8
133.3
104.9
71.3
86.6
100.0
126 7
83 2
108 9
112.1
83.4
102.9
91.7
132.5
94.7
69 9
137.2
104.9
70.9
87.7
107.5
100 3
87 2
108.9
112.1
81.1
103.3
96.3
148.4
97.2
75.7
124.3
104.1
78.3
86.6
114.1
107.3
79.2
112.4
98.2
84.2
107.1
100.6
138.1
102.8
82.3
129.2
104.7
86.1
74.5
117.2
121.9
82.8
121.6
127.2
84.2
110.5
115.7
162.4
101.3
80.3
151.0
105.3
94.4
80.7
121.2
133.5
88.6
121.9
169.6
84.1
104.2
103.1
154.6
95.1
80.1
133.9
105.5
85.0
68.0
119.8
106.1
78.5
109.6
'110.7
71.6
' 105. 7
116.8
143.7
103.1
75.1
139.6
' 105.9
81.4
71.0
115.3
98.7
76.0
102.2
'109.3
73.3
106.8
114.1
147.2
100.2
81.7
145.8
105.0
88.8
81.1
116.9
112.0
71.4
104.0
137.3
92.3
' 107.0
114.8
' 133. 3
101.7
75.1
136.7
' 105. 4
97.3
85.0
116.0
' 119.0
84.0
107.6
123. 4
'94.4
' 110.0
125.6
128.9
108.9
67.9
135. 3
' 106. 8
84.7
92.1
' 117. 2
121.6
77.2
113.9
118.0
99.6
p 115
v 115
147
104
105
134
91
78
234
119
93
87
196
112
09
181
130
105
105
128
91
90
198
110
113
182
124
106
106
82
100
87
226
118
128
186
119
••107
107
42
101
90
236
117
130
189
122
111
110
65
99
95
242
123
123
192
118
115
115
127
90
104
164
127
112
189
126
114
114
147
71
101
89
125
114
192
123
112
113
120
52
91
134
126
189
123
117
118
120
51
86
244
135
136
194
133
122
122
140
67
91
241
142
136
190
132
122
124
158
85
94
265
144
128
195
133
122
123
163
92
82
234
146
121
199
132
112
158
104
51
75
177
58
152
88
92
108
110
111
77
91
226
120
115
186
119
120
173
110
68
87
178
57
150
106
93
109
110
107
81
90
236
119
112
189
122
117
157
115
67
94
167
73
153
118
98
110
111
93
87
93
242
127
112
191
118
125
153
115
71
106
93
77
150
106
100
114
115
105
91
98
164
137
116
188
126
132
149
111
72
103
130
156
105
61
93
134
153
111
54
103
132
146
118
67
112
127
145
105
101
61
157
70
149
101
98
104
105
118
75
88
218
112
103
181
130
107
167
102
57
72
164
68
147
85
97
108
109
124
75
92
220
119
114
183
124
81
156
114
100
121
121
122
91
99
89
143
134
191
123
77
158
100
85
114
115
120
86
89
77
139
136
189
123
72
165
102
89
116
116
120
85
87
244
129
134
194
133
77
171
102
113
118
117
121
93
92
229
126
132
190
132
84
174
104
114
118
118
130
87
98
241
130
130
195
133
'123
157
117
63
70
238
75
177
98
117
118
118
135
78
83
223
134
r
132
200
132
107
147
100
72
74
80
69
146
103
103
116
154
101
69
79
81
71
144
101
104
119
147
99
51
76
87
60
149
88
99
120
157
102
58
82
93
60
146
111
97
114
146
105
52
86
98
71
152
119
101
121
150
112
69
95
110
74
152
99
100
139
183
117
73
97
124
165
109
56
83
126
168
115
50
98
129
153
128
81
112
124
158
115
97
72
80
161
113
98
76
164
99
80
70
168
94
83
75
173
93
107
85
174
103
110
(Federal Reserve)
Combined index, unadjusted
1923-25=100..
Manufactures, unadjusted
do
Automobiles
do
Cement
.
do
Food products
_
do
Glass, plate.
_
do
Iron and steel
do
Leather and productstdo _
Petroleum refining
do
Rubber tires and tubes
do
Shipbuilding
do
Textiles
do
Tobacco manufactures
do
Minerals, unadjustedt
do
Anthracitet
do
Bituminous coal
do
Iron-ore shipments
do
Lead
_
do
Petroleum, crude
do
Silver
do
Zinc_ _ _
do
Combined index, adjusted _
do
Manufactures, adjusted
do
Automobiles
do
Cement
do .
Food products
do
Glass, plate_
do
Iron and steel
do
Leather and productst
do
Petroleum refining.
do _
Rubber tires and tubes
do
Shipbuilding
do
Textiles
do
Tobacco innnufactures
do
Minerals, adjusted f
"do _
Anthracitetdo
Bituminous coal
do
Iron-ore shipments
do
Lead
_
do
Petroleum, crude
.
do
Silver
Zinc
. .
do . .
do
v Hfi
p J20
164
v 118
P 65
P71
240
72
177
111
P 115
v 114
130
74
SO
260
119
r 120
p 126
150
p 115
v 74
P80
122
70
v 173
115
101
161
101
62
66
77
'123
155
116
63
80
159
76
176
101
116
v Preliminary.
' Revised.
tDal.a revised for 1936. For revisions of the Annalist index, boot and shoe production, Federal Reserve indexes, leather and leather products, unadjusted and adjusted,
combined index of minerals, unadjusted and adjusted, anthracite, unadjusted and adjusted, see p. 22 of the March 1937 issue,
Monthly statistics through December 1935, together with explanatory notes and references
to the sources of the data may be found in the
1936 Supplement to the Survey.
23
SURVEY OF CURRENT BUSINESS
August 1937
1937
June
1937
1936
June
July
Decem- January FebruOctober NovemAugust Septemary
ber
ber
ber
March
April
May
BUSINESS INDEXES—Continued
MARKETINGS
Agricultural
products, combined
index
(quantity)-__.
1923-25=100..
Animal products
do
Dairy products
_
do
Livestock
do
Poultry and eggs_
do...
Wool
.do....
Crops
do
Cotton
_
do
Fruits
do....
Grains
do
Vegetables
_.
.do
Agricultural products, cash income from farm
marketings:
Creps and livestock, combined index:
Unadjusted
1924-29=100..
Adjusted..
do
Crops, adjusted
do___.
Livestock and products, adjusted
do
Dairy products, adjusted
do
Meat animals, adjusted
do
Poultry and eggs, adjusted..
do
COMMODITY STOCKS
Domestic stocks, combined index (quantity)
1923-25*100..
Manufactured goods
do
Chemicals and allied products
do
Food products
_
do
Forest products..
do
Paper, newsprint
do
Rubber products
do
Raw materials
do
Chemicals and allied products
do
Foodstuffs
_
do_._.
Metals...
__
_
do,...
Textile materials
do
World stocks of foodstuffs and raw materials
combined index (quantity)f._ 1923-25=100Coffee, adjustedt
_
do
Cotton, adjusted t do
Rubber, adjusted t—
do
Silk, adjusted t do....
Sugar, adjusted f
do
Tea, adjusted t
do
Tin, unadjusted t
do
Wheat, adjusted t
do
72
92
149
65
112
311
51
25
59
50
129
74
94
142
66
114
380
53
25
64
63
99
89
90
113
70
89
485
88
18
87
172
66
80
81
94
75
80
152
78
71
78
93
57
110
80
90
80
72
99
140
259
89
47
95
127
89
96
93
73
91
165
304
104
58
112
106
95
82
91
115
117
116
200
78
54
77
83
89
80
82
120
46
77
106
71
49
72
'67
74
76
73
81
39
59
62
78
42
79
71.5
84.5
85.5
83.0
85.5
82.0
78.5
69.5
80.0
77.0
83.0
77.0
84.0
86.5
84.0
88.0
89.5
86.0
81.5
88.5
86.5
75.0
74.5
61.5
87.5
87.0
89.5
89.0
89.0
77.5
65.0
90.0
91.0
92.5
81.0
104.0
76.0
60.0
93.0
94.0
95.5
77.5
88.5
77.5
61.5
94.0
91.5
99.0
80.5
86.0
78.5
64.5
92.5
91.5
100.5
77.5
75.5
75.0
63.5
87.0
89.5
89.0
78.5
97
108
139
103
114
57
104
89
73
72
92
121
101
101
119
78
111
80
77
102
71
94
84
137
104
101
118
85
113
76
77
106
69
120
83
119
109
103
122
88
114
79
80
113
75
128
93
126
122
102
125
86
112
65
91
136
95
128
96
181
131
102
123
90
112
63
96
153
108
132
106
220
135
104
121
99
113
61
95
158
110
127
103
240
132
107
131
112
116
54
94
150
104
118
107
232
186
423
157
286
196
192
142
68
119
185
441
154
282
194
177
139
66
131
182
435
155
272
196
166
140
73
133
186
422
182
268
187
157
140
65
130
186
427
179
264
183
172
136
69
122
189
428
180
256
187
183
135
93
119
497
142
238
188
79
87
69
106
58
54
58
74
30
89
64
81
90
65
123
81
47
43
67
31
85
66
87
113
63
131
176
45
28
79
32
103
59.5
70.5
63.0
78.5
84.5
83.0
59.5
70.5
81.5
74.5
88.5
90.5
89.5
85.5
69.0
89.0
88.5
90.0
88.0
91.0
86.0
68.0
78.0
74.5
81.5
88.5
75.0
80.0
127
111
143
114
116
71
94
139
93
111
98
214
119
109
153
'110
109
61
101
127
84
'104
83
195
110
109
154
103
109
73
102
111
78
'85
80
174
101
106
148
99
110
47
104
'98
75
'70
70
154
98
106
' 144
96
'112
48
104
92
75
'70
70
136
185
428
174
251
196
177
124
100
116
184
426
176
242
188
173
116
101
120
'185
434
174
242
188
182
107
95
118
182
453
163
244
189
181
98
97
115
175
'470
158
235
188
168
91
98
101
170
r 499
150
225
194
164
94
93
86
COMMODITY PRICES
COST OF LIVING
(National Industrial Conference Board)
Combined indexes
1923=100-Clothing
do
Food
do
Fuel and light
do
Housing
do
Sundries
do
88.9
76.9
88.2
83.7
86.6
96.8
85.1
73.3
85.6
84.5
77.6
94.3
85.2
73.0
85.8
84.7
78.1
94.4
85.6
73.2
85.8
85.0
79.3
94.5
85.9
73.6
86.1
85.6
80.3
94.5
85.7
73.8
84.6
86.2
80.8
94.9
85.8
74.0
84.3
86.5
81.4
95.1
86.1
74.1
84.7
86.6
81.8
95.3
86.9
74.3
86.4
86.4
82.2
95.8
87.2
75.0
86.3
86.5
82.8
96.1
87.9
75.9
87.2
86.1
84.2
96.4
88.3
76.2
87.4
85.0
85.2
96.6
76.7
88.4
83.7
86.1
PEICES RECEIVED BY FARMERS
(U. S. Department of Agriculture) §
Combined index
1909-14=100..Chickens and eggs
do
Cotton and cottonseed
do
Dairy products
do
Fruits
do
Grains
do
Meat animals
...do
Truck crops
do
Miscellaneous
do
124
95
107
113
157
139
137
124
119
107
103
96
106
115
87
120
99
120
115
106
105
116
117
109
119
115
131
124
112
103
125
108
129
123
134
124
119
106
128
105
130
123
153
141
121
127
104
125
104
128
120
131
133
120
141
103
126
97
127
118
104
133
126
133
105
127
93
134
122
99
168
131
110
107
128
105
143
128
115
182
127
101
108
126
127
146
126
143
147
128
102
116
125
133
145
129
131
140
130
104
117
120
142
154
130
127
139
128
96
112
116
152
149
133
139
133
RETAIL PRICES
U. S Department of Labor indexes:
Coal (anthracite^
1923-25=100
Food t
19(23-25=100
Fairchild's index:
Combined index.
Dec. 1930=100._
Apparel:
Infants' wear
do
Men's
do
Women's
do
Home furnishings,
,
do
Piece goods
do
86." 3 ~ """83." 8~
152
79.8
84.0 """84." 6"
82.8
84.3 ~~~~82.~8~
82." 5
84.2
82.9 ""~~84~6~
84~5~
84.3
85.4 """85." 6"
86.5
96.0
87.9
88.1
88.5
89.3
90.0
90.8
91.7
93.0
93.7
94.5
95.2
95.6
96.0
90.4
94.1
96 8
92.6
87.4
90.2
89.2
84.9
92.6
87.5
90.4
89.4
85.0
94.4
87.6
90.4
89.4
85.2
94.5
87.7
90.7
89.9
85.4
94.5
87.8
90.9
90.3
85.6
94.6
87.9
91.0
90.9
85.7
94.9
88.1
91.4
91.8
86.1
94.9
88.4
92.2
93.1
87.0
95.1
89.0
92.5
94.0
87.6
95.3
89.4
93.0
94.7
88.2
95.7
89.9
93.4
95.3
88.6
95.8
90.1
93.6
96.3
88.9
89.2
WHOLESALE PRICES
U. S. Department of Labor indexes:
Combined index (784)
1926=100..
81.5
79.2
87.2
81.6
82.4
85.9
80.5
81.6
84.2
86.3
87.8
88.0
87.4
Economic classes:
Finished products
_
_._do
82.0
82.4
87.7
80.7
81.6
82.6
84.9
82.3
83.8
85.1
86.4
87.4
87.5
Raw materials
do
82.1
81.5
88.1
81.8
83.1
85.6
88.3
90.1
88.7
79.8
77.6
86.1
87.1
Semimanufactures
___do
75.6
76.2
78.6
85.4
75.9
85.5
82.3
89.5
75.2
89.6
87.5
73.9
86.8
'Revised.
1 Base shifted to 1923-25=100. In computing base, the last quarter of 1922 was substituted for the last quarter of 1925 to eliminate the abnormally high prices which resulted from the 1925-26 strike in the Pennsylvania anthracite mines. Figures beginning 1929 will be shown in a subsequent issue.
February 1937 issue and for construction contracts awarded in 1936 see table ?8, p. 18 of this issue.
§ Data for July 15, 1937: Total 125, chickens and eggs 102, cotton and cottonseed 106, dairy products 116, fruits 145, grains 139, meat animals 144, truck crops 96, miscellaneous 113.
t Revised Series. Retail food prices, for monthly data for period, 1923-36 see table 9, p. 20 of the February 1937 issue. World stocks of foodstuffs and raw materials
Digitized for revised
FRASER
for period 1920-37. For revisions see table 19, pp. 17 and 18, of the May 1937 issue.
24
SURVEY OF CURRENT BUSINESS
Monthly statistics through December 1935, together with explanatory notes and references
to the sources of the data may be found in the
1938 Supplement to the Survey
August 1937
1937
1936
1937
June
June
July
DecemOctober NovemAugust September
ber
ber
January
February
March
April
May
COMMODITY PRICES—Continued
WHOLESALE PRICES—Continued
CJ. S. Department of Labor indexes—Con.
Farm products._.
1926=100..
88.5
Grains
do
105. 7
98.3
Livestock and poultry
do
84.7
Foods
do
72.0
Dairy products
_
do
84.5
Fruits and vegetables _
do
98.0
Meats .
do...
Commodities other than farm products and
86.1
foods
1926=100
Building materials.—
do
96.9
95 0
Brick arid tile
-do
95.5
Cement
do
Lumber
do
102.2
Chemicals and drugs
. do
83.6
90.1
Chemicals . _ _ _
do
78.0
Drugs and Pharmaceuticals
do
70.5
Fertilizer materials
. ,
do
77.5
Fuel, and lighting materials
do
Electricity
do
Gas
. . . __
_do
Petroleum products
..do
61.5
106. 4
Hides, and leather products.
do
107. 5
Boots and shoes
do
114.6
Hides and skins
__
..do
98.8
Leather
do
89.5
IIouse-furnishing goods
do
86.6
Furniture
do
92. 5
Furnishings.. do
95.9
Metals and metal products
do _
99.7
Iron and steel
do
91.9
Metals, nonferrous
do
Plumbing and heating equipment
1926=100..
78.7
Textile products
do
78.2
89.1
Clothing
_
do
Cotton goods
do
89.7
64.6
Knit poods
_____
do
Bilk and rayon._
do
32.5
93.2
Woolen and worsted goods
do
79.4
Miscellaneous-.
__
do _
56.4
Automobile tires and tubes
do
95.0
Paper and pulp
do
Other wholesale price indexes:
87.2
Bradstreet's (96)
.
do
107.3
Dun's (300)
do.
World prices, foodstuffs and raw materials,
combined index
.1923-25=10059.8
CofTee
___
do.. _
57.8
46 7
Cotton
do
45.2
Rubber
do
Silk .
do..
25.5
Sugar
do
62.6
76.4
Tea
_
. d o
111.1
Tin
do _
84.8
Wheat
do
Wholesale prices, actual. (See under respective commodities.)
PURCHASING POWER OF THE
DOLLAR
Wholesale prices
Retail food prices f
Prices received b y farmers
Cost, of livinct
-
1923-25 = 100..
do „
do
do
115.5
115 9
118.5
114.4
84.0
102.1
81.2
82.6
87.4
73.8
84.4
85.1
102.9
79.7
83.9
88.2
74.8
85.2
88.5
109.0
85.0
85.5
88.9
75.4
87.2
91.3
113.0
91.4
87.1
88.9
82.4
90.6
91.4
111.5
89.9
87.0
88.7
87.8
90.3
94.1
113.2
93.7
87.5
90.2
86.6
92.0
92.2
119.2
93.6
85.5
78.5
83. 5
94.9
89.8
113.9
95.9
84.2
73.1
84.1
95.9
79.6
87.1
89 0
95.5
84.9
81 7
88.6
75.3
67 6
76.1
83 2
87 2
57.5
94.6
99.3
93.3
84 2
81.7
78.0
85.4
86.8
88 1
71 4
80.1
87.3
88.3
95.5
86.1
82.2
89.0
76.5
67.4
76.8
82.8
86.0
57.9
95.6
99.3
97.2
85.4
82.0
78.3
85.6
86.9
88.8
71.7
81.0
87.7
88 8
95.5
86.6
82.5
89.2
77.9
68.0
76.8
82 7
81.9
58.1
97.0
99.3
101.2
88 4
82.3
78.8
85.7
87.9
88 9
75 4
82.2
89.5
88.5
95.5
89.6
85.3
93.3
77.4
68.6
76.5
82.7
83.1
58.0
99.7
99.4
110.4
92.6
83.2
79.4
86.9
89.6
90.9
78.6
83.4
91.3
89.7
95.5
93.0
87.7
96.4
79.0
70.6
76.6
81.0
82.2
58.3
101.7
99.7
116.0
94.3
86.5
84.0
89.0
90.9
91.7
84.8
84.1
93.3
91.0
95.5
99.0
87.8
95.6
83.0
70.7
76.8
80.8
80.7
59.1
102.7
101.4
114.9
95.5
87.9
84.5
91.2
91.7
92.0
89.4
85.5
95.9
91.8
95.5
102.1
87.5
95.3
83.0
70.3
76.2
77.8
79.8
58.6
104.2
102.3
118.5
97.1
88.4
85.0
91.7
96.0
97.5
101.1
86.5
96.7
94.9
95. 5
103. 0
86.9
94.2
82.9
70.7
76.8
77.1
80.7
59.8
106,3
103. 8
121.4
100.7
89.0
85.8
92.1
96.5
99.6
97.0
86.3
97.2
95. 0
95.5
103. 0
84. 5
91.1
79.2
70.6
77 2
78 8
83.0
60. 9
106.7
106. 1
117.7
100.6
89.3
86.1
92. 5
95. 8
99.6
91.7
76.5
70 9
80.8
79 5
60 3
31.6
81 2
71 5
47 5
80.6
76.5
70 9
80.8
80 0
60.8
30.2
80 9
71.3
47.5
80.7
76.6
71.6
81.2
82.0
61.1
31.1
80.5
71.5
47.5
80.8
76.7
73.5
81.5
85.5
61.2
33.4
84.3
73.4
50.1
81.5
76.7
76.3
83.1
90.3
63.0
33.8
90.5
74.5
50.1
82.9
77.1
77.5
83.9
91.9
64.4
34.5
91.9
76.2
51.8
84.8
77.4
77.5
84.2
91.3
64.7
33.7
93.1
77.3
53.1
87.5
77.6
78.3
84.8
94.0
64.9
33.6
92.6
79.5
55.0
90.2
78.7
79.5
86.8
95.1
65.9
33.8
93. 5
81.1
56.4
93.9
78.7
78.7
87.2
92.6
65.7
32.5
03.3
80. 5
f)fi. 4
94.6
78 5
96 4
78 9
96 8
79 5
97.1
79.1
97.8
83.5
102.3
86.2
109.5
86.9
107.7
87.8
108.8
91.4
109.0
89.1
108.7
87.7
106.8
54.7
43.5
44.1
37.1
22.3
71 1
64.1
84.0
54.6
54.8
46.0
48 5
38 6
23.9
69 8
64.8
85.5
63 5
55.9
47.9
45 2
38 2
25.0
69 3
68 6
84.7
73 3
55.2
47.5
45 2
38 4
23.7
66 1
72.3
89.0
72.2
55.0
48.4
45.2
38.6
24.5
61.6
67.7
89.5
75.8
56.9
50.9
44.9
42.2
27.0
68.3
68.0
102.1
73.2
60.6
54.9
47.1
4§.8
27. 5
71.3
66.9
103. 1
81.8
62.3
55.9
47.8
50.1
28.7
73.8
70.8
101.2
84.2
60.3
58.3
48.2
49.9
27.8
66.3
74.0
103. 3
79.5
64.2
55.4
53.3
56.4
28.1
64.6
78.0
124.8
86.5
65.2
55.4
52.6
54.8
27.6
63.8
80.7
117.4
95. 3
62.0
57.8
48.9
49.4
25.8
62.3
81.6
110.7
89.9
127.2
119 3
137.4
119.5
125.1
119 0
127.9
119.3
123.4
119.0
118.5
118.8
123.4
118.6
118.5
118.3
123.6
120.8
121.5
118.6
122.3
121.2
122.5
118.5
119.6
120.6
116.7
118.1
117.2
118.2
112.2
117.1
116.7
118.3
115.7
116.7
114.7
117.1
114.8
115.7
114.4
116.8
113.1
115.2
115. 2
H5.fi
114.8
114.5
54
42
62
47
56
47
56
45
fil
51
53
44
9,746
188, 257
13, 355
231, 246
16, 162
269, 934
13, 756
244,113
2 922
65, 626
l5i 701
3,361
16,759
88, 602
3,741
18,462
96,179
3. 225
16,710
93,433
205
32, 364
195
20,256
241
20, 985
10,763
395
27, 264
604
32, 221
1,099
44, 757
1,069
55, 980
6,224
18, 739
63, 004
9,195
24, 244
90,168
11,081
29, 483
108,013
9,274
23, 038
83, 937
189,197
156,788
216, 955
235, 012
78.1
73.0
83.2
79.9
77.6
82.0
85.1
81.3
88.9
82.0
81.4
83.8
79.7
84.9
78.8
85.8
89 2
95.5
82.1
78.0
84.3
73.2
64.0
76.1
83 4
88.0
S7.7
93.8
99.7
89.0
83 2
81.4
77.5
85.2
86.2
86 3
70 0
79.5
86.7
89.2
95.5
83.7
79 4
85.9
73.0
65.2
76.2
83 4
87.9
58.1
93.4
99.3
87.8
83 0
81.2
77.2
85.1
86.9
87 6
70 4
79 7
86.9
89 1
95.5
83.8
79 8
86.2
73.3
66 7
76.3
82 5
86 1
57.9
93.6
99.3
90.0
82 4
81.4
77 6
85.2
87.1
87 9
70 8
73.8
69.7
80.9
75 4
60.3
29.3
82.6
69.7
47.5
80.6
76.5
70.5
80.7
78 7
59.3
30.7
82 0
71.0
47.5
80.6
76 3
94.5
83.8
102.4
84.5
83.1
87.6
76.1
86.4
84.0
102.0
83.8
83.3
89.5
71.5
87.3
CONSTRUCTION AND REAL ESTATE
CONSTRUCTION CONTRACTS
AWARDED
Value of contracts awarded (Federal Reserve
indexes):
51
53
51
54
Total, unadjusted...
1923-25 = 100..
70
60
65
38
37
39
41
Residential, unadjusted...
do
47
39
45
66
63
58
57
Total, adjusted
do
52
59
60
45
45
40
Residential, adjusted
do
43
36
44
43
F. W. Dodge Corporation (37 States):
Total, all types:
9,605
8,731
Projects
..number.. 13,884
11, 269
12, 966
13,351
13, 890
12,912
12,056
Valuation
thous. of doL. 318,137 232, 665 294, 735 275, 281 234, 272 225, 768 208, 204 199, 696 242,827
Nonresidential buildings:
2,629
2,467
Projects
...number..
2,997
3,626
3, 566
3,411
3,319
3,504
3,079
14,370
14, 691
Floor space
..thous. of sq. ft_. 21,794
14, 623
14, 361
15, 916
17, 543
15, 504
13, 639
95,969
72, 956
Valuation
thous. of dol._ 125, 087
65,895
79,079
79, 071
96,125
80, 380
Public utilities:
167
181
222
Projects
_
number..
309
214
167
229
224
19,117
21, 788
Valuation
..thous. of dol._ 29, 863
18,029
14,171
9,264
27,512
17, 945
15,735
Public works:
582
515
870
Projects
number,.
1,183
1,143
1,782
1,329
1,169
1,238
46, 664
42,135
55,839
Valuation
thous. of dol__ 70, 064
52, 861
70, 717
99,103
76, 435
68, 767
Residential buildings all types:
6,389
5,406
7,180
Projects
.number..
8,826
8,290
8,253
8,444
7,982
7,584
18,427
18, 969
19,986
Floor space.
thous. of sq. ft.. 23,845
21, 553
20, 624
20, 501
24, 393
21,181
65,
487
78,
407
Valuation
thous. of dol._ 93,123
68,441
79,
664
73,605
71,994 100, 523
80,671
Engineering construction:
Contract awards (Engineering News Record)^
thous. of dol_. 274, 399 183,917 226, 595 192,317 197,372 220,142 162,743 266, 301 173,077
1 Data for July, October, December 1936 and April 1937 are for 5 weeks; other months, 4 weeks.
r Kevised.
t Revised series. For data on purchasing power of the dollar, retail food prices, for period 1923-36 and oost of living for period 1914-36 see table$ 5 and 6, p. 19 of the
February 1937 issue and for construction contracts awarded in 1936, see table 28, p. 18, of this issue.
25
SURVEY OF CURRENT BUSINESS
August 1937
MontJily statistics through December 1935, to- 1937
gether with explanatory notes and references
to the sources of the data may be found in the
Juno
1936 Supplement to the Survey
1937
193G
June
July
vein- Decem- January Febru| October Nober
ber
A ugust
March
April
May
CONSTRUCTION AND REAL ESTATE—Continued
HIGHWAY CONSTRUCTION
Concrete pavement contract awards:
7,913
6, 575
4, 188
5,903
Total
thous. of sq. ycL.
2, 942
Roads only
do
6, 208
4,801
4, 648
Highways and grade crossing projects administered by Bureau of Roads:
Highways:
Approved for construction:
3, 582
4,231
4,143
3, 686
Mileage
number of miles..
53, 090
50, 400
50, 476
Allotments: total
thous. of dol_. 49. 203
20, 577
22. 004
27, 929
Regular Federal aid
do
39,418
4, 031
4, 345
4, 248
2, 596
1934-35 Public Works funds
do___.
27,882 j 23.451
18, 299
Works Program funds
do
7, 249
Under construction:
13, 631
12,812
9, 215
13,185
Mileage 1
number of miles..
Allotment? , total
thous. of doL. 152,050 217,441 212,546 202, 765
59,808
61,714
Regular Federal aid
do
98, 908
65, 213
Public Works Program:
38,975
33, 397 26, 680
1934-35 funds
do
10,910
147
195
195
Federal aid
do
0
Works Program funds
do
42,172 118,463 117,241 110,725
Estimated total cost
,._.do
248,187 280,758 j 278,978 270, 622
Grade crossings:
Approved for construction:
488
425
350
Eliminated and reconstmcted*_mimber_.
107
502
581
Protected by signals*
do
360
317
Works Program funds alloted
40, 217
34, 081
29,026
thotis. of dol
41,313
30, 367
Estimated total cost.
do
35, 305
Under construction:
1, 221
1,117
1,246
Eliminated and reconstructed*_nuniber..
824
12
33
Proteeted by signals*
___do
375
Works Program funds allotted
thous. of dol__ 87, 077 90, 465 101,014 108,272
Estimated total cost
. ....do
90, 071
92,211 102, 667 110,161
CONSTRUCTION COST INDEXES
183
201
Aberthaw (industrial building)
1914= 100_.
163
162
American Appraisal Co. (all typos) 1913 = ]00..
163
184. 0
Associated General Contractors (all types)
1.78
178
178
102
1913-100..
Engineering News Record (all types) §
204.6
204.4
108.1
1913 = 100.. ' 238. 2
E. H. Boeckh and Associates, Inc.:
Apartments, hotels, and office buildings:
Brick and concrete:
83. 7
83.3
Atlanta
U. S. av., 1926-29=100..
83.3
94. 3
107. 0
108.4
New York
___do
107.0
121. 8
99.0
106.1
San Francisco
do
110. 7
99.0
St. Louis
do
114.4
104. 5
104.6
104.5
Commercial and factory buildings:
Brick and concrete:
86.2
86.6
Atlanta
U. 8. av., 1926-29 = 100..
90. 7
86.2
112. 0
110.9
New York
do
122.2
110.9
114.4
104. 3
114. 8
San Francisco
__.do_-_.
104.3
106. 0
106. 0
118. 8
St. Louis
do
105. 9
Brick and steel:
85.1
95. 4
Atlanta
_..do
84.6
84.6
120.5
107.7
New York
...do
107.7
109.3
113. 1
98.2
98.2
San Francisco
do
106. 4
118. 8
St. Louis
do..__
105. 9
106. 2
106.0
Residences:
Brick:
88.3
74,1
74.9
74.1
Atlanta
do
119.4
New York
do
103. 0
103. 0
104. 0
104. 9
93. 4
98. 3
San Francisco.
do.
93. 4
107.8
100. 4
99.2
St. Louis
do
101.0
Frame:
82.3
67.5
67.1
67.1
Atlanta
do
115. 0
97.4
97.4
98.4
New York
„.__
do
90. 4
85. 2
85. 2
87,8
San Francisco
do
93.0
99. 2
92. 2
90.9
St. Louis
do
REAL ESTATE
Fire losses
thous. of doi_. 19, 525 20, 407 22, 357 2J,714
Foreclosures:
240
27V)
280
259
Metropolitan cities*
1926=100..
70. 3
82.7
81. 7
Nonfarm real estate*
1934=100...
78.3
Loans of Federal agencies:
Federal sayings and loan associations:
1,280
1,135
1,175
1,165
Associations, total
number..
1,076
Associations reporting
do
1,160
1, 006
1,025
Total mortgage loans outstanding*
thous. of doL. 699,849 442,027 465, 682 497,852
Federal Home Loan Bank:
Outstanding loans to member institutions
118,580 • 12?. 091 ! 125,211
thous. of dol._
Home Owners' Loan Corp.:
2,550.40! 13,092,^7] '/.'.- ' ,7,','.
Loans outstanding*
... ..... do
7, 613
5,196
6, 082
4,482
3,769
2,550
5,468
4, 026
3,385
2,836
2.371
1, 456
3, 352
2, 564
4,340
3,155
6, 639
5,495
3, 173
49,123
30, 601
4, 044
34,479
2, 750
46,103
29, 300
4,148
12, 595
2.574
42, 093
27, 034
3,809
11, 250
2,635
42, 090
29, 059
3, 671
9,360
2,880
43,899
32, 710
3,291
7,898
2, 993
44, 472
34, 247
2. 902
7, 323
3,323
40, 743
36, 315
2,883
7,545
3,426
46, 724
35, 297
3,108
8,319
4,482
48,189
38, 550
2,436
7,203
11,949
194, 477
69, 488
10, 335
174, 781
70,586
8,881
158, 537
69,368
8,003
141, 069
65, 664
7,617
133, 553
65, 222
7, 923
136,039
69, 809
8,041
139, 683
76,168
8,278
144,531
85,155
8, 896
149, 535
92, 071
22, 929
32
102,028
266, 528
20, 379
32
83, 784
248, 024
17,206
32
71,931
229,527
13,461
11
61,934
207,315
12,561
0
55, 770
199,498
12.491
0
53,738
205, 239
12, 540
0
50, 975
214,697
11,842
0
47, 534
228, 204
12, 075
0
45, 389
239, 730
289
624
254
620
228
615
206
542
173
542
157
419
150
396
142
397
132
393
26, 575
27, 817
23, 615
24,185
20, 233
20,826
17,971
18, 606
16,037
16, 621
13, 526
14, 049
12, 842
13, 257
13, 381
14,079
13,484
14, 321
1, 238
33
1,192
30
1,149
42
1,081
1,039
100
1, 014
309
969
341
935
345
873
346
110. 865
112,930
111,326
113,915
109, 016
111,614
104, 876
107, 645
101,381
103,808
100,593
102, 853
98,464
100, 718
95, 690
98, 004
92,211
94, 452
166
167
195
169
171
174
203
178
181
182.0
180
180
180
181
184
184
186
186.0
211. 5
212.7
220.7
223.5
223.5
' 225.3
230.3
83.3
108.4
107.3
104.5
84.8
108. 4
107.8
105.2
85.1
108.3
108.2
106. 2
85.2
108.4
108.2
106.2
86.9
109. 5
111.8
108.4
88.1
110.1
108.4
109.8
91.8
111.3
109.4
110.6
93.3
111.5
109. 7
113.0
93.2
111.7
109. 7
113.0
86.2
112.0
134.5
106.0
87.0
112.0
114.9
106.6
87.2
112.0
115.2
107.4
87.3
112.1
115.2
107.4
111.7
118.1
112.1
90.5
112. 0
113.0
112.9
95.3
113.3
113.8
113.5
95.8
113. 4
114.0
117.1
95.7
113. 6
114.0
117.1
84.6
109.3
107.7
106.2
85.6
109.3
108.1
106.8
85.8
108.5
108.9
107. 6
86.0
108.7
108.9
107.6
88.3
111.1
112.7
109.7
89.2
112. 2
108.8
112.8
94.0
113.9
110.7
114.4
94.8
114.8
111.6
117. 6
94.6
115. 1
111.6
117.5
74.5
104. 0
98. 6
99 2
76.1
104.0
99.0
98.8
76.3
104.1
99.2
100. 6
77.0
104.8
99.2
100. 6
80.1
106.5
102.4
104.1
82.0
108. 5
98.1
105.0
84.3
109.6
99.8
105.4
88.4
109. 6
101.3
106. 0
88.4
110. 0
101.3
105.9
67. 6
98.4
88.3
90.9
68.0
98.4
88.7
91.5
70.0
98.4
88.9
92.3
77.7
99.1
88.9
92.3
75.0
101.1
92.2
96.1
76.6
103. 5
92.2
78.1
104.9
94. 0
97.6
82.7
104. 9
95. 8
98.0
82.7
105. 0
95. 8
97. 9
20,414
20, 439
30, 134
25,070
28, 655
29,319
26, 664
21, 438
278
85.7
259
77.8
235
75.1
268
84.4
222
196
65.1
230
74.0
237
73.3
1,183
1,062
1,192
1,080
1,206
1,046
1,212
1, 065
1,240
1,157
576, 299 611,212
1,249
1,168
1, 257
1,157
630, 680
644,068
141,198
142, 716
146,146
153,488
94. 1
72.0
96.5
78.0
102.1
91.4
82.5
230.7
94.8
82.6
97.8
89.0
85.4
247.0
183
165
179
208. 1
544,107
507, 574
532, 064
531, 078
129, 752
134,929
137, 250 145, 394
2.809,000 2,883,503 2,801,827 2,705,098
1,228
1,143
143, 738
r
233.3
r
r
r
230
74. 7
1,270
1,166
679, 949
2,711,451 2,080,230
TRADE
ADVERTISING
Printer's Ink: indexes (adjusted for seasonal
variation):
Combined indexf
1928-32=100..
Farm papers
do
Magazines
„
do
Newspapers
do
Outdoor t
do
Radio._.._
do.
08.3
82.5
101.9
92 5
79.5
289.4
90.4
73. 5
8S.2
88.9
68.1
202.1
90.1
73.4
00. 3
87. 1
69.2
224. 7
88.4
80.2
87. 2
84. 9
71. 0
230.0
91.4
76.8
91.6
86.9
73.3
268. 2
93.4
71.7
89.6
90.6
74.2
253.7
94.9
75.3
97.1
91.1
74.1
239.2
99.2
92.9
101.1
95.2
75.6
244. 4
86.5
70.3
89.3
81.4
74.8
241.5
91. 9
76.
94. 3
88. 3
68. 5
234. 8
97. 8
90. 1
75.7
228. 6
26
SURVEY OF CURRENT BUSINESS
Monthly statistics through December 1935, together with explanatory notes and references
to the sources of the data may be found in
the 1936 Supplement to the Survey
August 1937
1937
Juno
1937
Jane
July
August
I Septem-
Noven
October
ber
DecemJanuary
ber
February
March
April
Mav
DOMESTIC TRADE—Continued
ADVERTISING—Continued
Radio advertising:*
Cost of facilities, total.
.-thous. of doL.
Automotive
-do..
Clothing
do.
Electric home equipment
do.
Financial
do.
Foods
do.
Home furnishings, etc
do_
Soap, cleansers, etc
_do.
Office furnishings, supplies
do
|
Smoking materials
do.
Drugs and toilet goods
..do.
All other
do_
Magazine advertising:*
Cost, total
do_
Automotive
do.
Clothing.,.
___do_
Electric home equipment
do_
Financial
do.
Foods
do.
Home furnishings, etc...
do_
Soap, cleansers, etc
-do.
Office furnishings, supplies
do
Smoking materials
.do ,
Drugs and toilet goods
do ,
All other
do '
Lineage, total
thous. of lines._
Newspaper advertising:
'
Lineage, total (52 cities)
do___ | 121. T
Classified-._
do j
Display, total.
do ;
Automotive
do '
Financial
do j
General
...do '
Retail
do...
3, 931
620
26
9
37
1,174
70
291
S
373
1,066
251
3,832
492
5
45 !
33
1,290
23 I
285 '
0
423
982
254
12, 299
8, 891
1,528
2,147
257
64(5
298
531
240
330
1, 670
1,877
148
534
366
459
75
180
483 I
57S
2,158
1,790 j
2,
,~ I 1, 967
2, 03'
117,0"9
9 *. 499
"\ 18b
21,232
77, 206
1/)S8
20. * 02
61 751
6, 591
2,219
50, I
3,777
468
4
36
38
1, 207
33
249
0
397
976
309
4, 894
770
24
27
44
1, 333
29
314
6
439
1, 273
635
8, 493
1, 548
229
86
249
1,414
99
337
136
515
1. 757
2,093
1,695
11,104
1,305
695
191
358
1,585
665
446
286
593
1,938
2,1)82
2,084
99,166
22, 546
76, 620
4,908
1, 646
16,186
53,880
114,387
22, 521
91,866
4, 257
1,641
21,053
64,916
6, 723
1, 164
51
1
53
1, 559
65
400
17
359
1,475
1, 579
6, 126
1,031
56
22
70
1, 670
91
410
13
391
1,659
713
6, 185
944
39
16
85
1,821
51
457
6
404
1,752
610
14, 285
14,758
1,364
2,290
895
696
477
325
425
421
2,452
2,198
798
1,051
531
501
304
263
657
648
2, 642
2, 926
3, 741
3,438
2,637 I
2,736
I
136,635 I 131,986
23,984 ! 22. 646
112, 652 j 109, 340
9, 812
6,183 I
1,848
1,860
24,227
27,411
73,452
77, 198
130, 762
22, 945
107,817
4, 246
2,151
18, 186
83, 234
61.8
61.7
61.6
62.0
2,156
2,114
2,489
2, 620
12, 203
1,419
535
545 I
310 I
1,977 I
561
236 I
341
674
2,122
3,482
2,731
2,031
99, 588
21,521
78, 066
3, 348
2, 970
17, 176
54, 572
2,399
2, 762
3, 200
3, 258
103,092
20,615
82, 477
3, 896
1,986
22,814
53, 781
126,134
24, 032
101, 502
5,413
2, 390
24, 406
69, 292
131,052
25, 758
105,294
0. 956
2, 218
24, 135
71,985
130, ?>35
27 Io2
103! 702
7, 402
1,807
24,019
70,414
GOODS IN WAREHOUSES
Space occupied, merchandise in public
warehouses
percent of total..
61.3
61.0
2, 285
2,182
C1.3
64.8
NEW INCORPORATIONS
Business incorporations (4 States)__-number
1,910
2, 026
2, 228
2,008
2, 122
2,417
POSTAL BUSINESS
Air mail:
Pound mile performance
Amount transported
Money orders:
Domestic, issued (50 cities):
Number
Value
Domestic, paid (50 cities):
Number
Value.
Foreign, issued—value
Receipts, postal:
50 selected cities
50 i n d u s t r i a l cities
thousands _.
thous. of doL_
4,205
41,750
4. 091
40, 994
3, 764
38, 354
3, 633
36, 655
thousands..
13,918
1U8,575
13,153
102. 407
2, 385
12, 598
103,085
2,482
11,573
94, 696
2,741
29. 623
3, 453
28,288
3, 214
26, 673
3,192
26, 037
3, 022
132.D
U8. 0
139.3
109.5
117. 3
104.5 j
114.0
108. 0
109. 6
109. 0
11.7.0
117. 8
125.0
118.6
105.0
95.8
100.0
102.0
t h o u s . of dol_.
_do_.
t h o u s . of (!ol_.
do
RETAIL TRADE
Automobiles:
New passenger automobile sales:
Unadjusted
1929-31 = 100..
Adjusted
do
Chain-store sales:
Chain Store Age index:
Combined index (20 chains)
av. same month 1929-31-100..
Apparel chains
av. same month 1929-31 = 100-Orocery chains t
av. same month 1929-31 = 100..
Variety store sales:
Combined sales of 7 chains:
Unadjusted
___ 1929-31 = 100Adjusted
do
H. L. Green Co., Inc.:
Sales
thous. of doL.
Stores operated
number. .
S. S. Kresge Co.:
Sales
thous. of doL.
Storas operated
number,.
8. H. Kress & Co.:
Sales
thous. of dol..
Stores operated
number.._
McCrory Stores Corp.:
Sales
_.__._thous. of doL.
Stores operated
number-G. C. Murphy Co.:
Sales
Stores operated
F. W . Woolworth Co.:
Sales
Stores operated.
998,894 1,060,488 984, 288 1,166,914 907,003 1,003,256 1,174,070 1,097,008
919,828 !1,055,015 11,051,115
1,176,409 11,616,191 ! 1,623,239 1,528,942 1,629,711 1,511,117 1,778,912 1,410,974 1,538,470 1,799,910 L665/256
thousands..
pounds..
92.9
92.0
4, 071
40, 616
3,907
38,315
4, 596
43, 849
12,772
103,480
2,720
14, 921
119,437
2,319
13,316
105, 703
2, 633
16,221
122. 826
29, 294
3,242
32. 880
3, 078
29,217
3, 226
41,345
4, 846
56.5
85.5
113. 1
151. 0
130.4
175. 0
90.1
129. 5
110. 0
109.5
111.0
113.0
117.2
123. 0
127.0
130. 0
99.8
99. 2
100.0
71.0 I
83.0
4, 638
44, 581
11,820
90,413
2, 502
15,374
118, 518
3.167
12, 596
95, 752
2, 429
1
4, 209
41,8r,7
4. 055
39, 735
13, 349
103,410
33, 763
3,882
31,129
3,040
29, 843
3, 370
85. 5
139.5
146. 5
123.5
141.3
1U2. 5
r144. 6
• 103.9
106. 4
110.0
108. 6
no. 0
r
112.0
117.0
126. 0
130.0
124.0
100.0
100.0
103. 0
103.0
101.5
104.0
70. 3
94.4
8!. 3
97.4
07. 1
103. 3
80. O
00. 2
2,017
135
2,018
136
130
2,45!
130
13';
12, (-35
73!
1 1 , !<.>'
!:•'<, 01,1
98.8
105. ',] 104. 0
97.2
109. 2
86. 5
97.7
97.8
102. 4
100. 4
98. 9
104.5
103. 0
195.7
106.1
2, 625
130
2,412
130
2, 430
132
2. 501
132
3, 027
133
2, 905
134
5, 847
135
12,182
725
11,169
729
11,353
729
11,753
728
7, 027
235
6, 525
235
6, 652
235
6,785
235
3, 305
3,443
197
3,002
195
3,010
195
thous. of dol.
._
number..
3,502
3,183
191
2, 974
191
..thous. of dol..
number,J
24,237
2, 000
ino.<:
4, 040
4,116
40,019 ! 38,383
27,892
3,418
13,540 I 12,214
'30 I
24.35J
734
9, 349
729
9, 843
729
7, 307
235
7,321
235
14,748
235
5,109
235
5, 595
3,096
195
3,511
194
3,209 I
194
6,714
196
2, 510
' 195
2, 002
194
2, 922
1U2
2.907
192
3, 637
194
3, 268
194
6,379
195
2,519
195
2, 550
195
'23,390
22,86! ! 23. 186
1,989 I 1,990 !
1,991
23, 434
1,993
28, 733
1, 994
23.891
1, 995
45, 506
1, 997
3. 550
191
18,649 I 19,758 I 24,815
1,998 [ 2,000 ! 2,003 >
112.0
3,023 j
I1, if. :
3, 026
21,858 I
l,<)00 l
24,502
° Receipts for Louisville not included.
*• Revised.
* New series. Data on radio and magazine advertising cost are compiled by the Publishers Information Bureau, Inc., successors to National Adrertisina Records, and are
not comparable with data published prior to those t.liown in the .January 1937 issue. Earlier fimires, together with data for 1937, when available, will be published in :t sub soquent issue.
1 Grocery chain-stores sales indexes in continuation of those shown on p. 14 of the May 1937 Survey are: Unadjusted. February 97.8, March 100.1, Aprs! 99.7, M ay 08.3,
and June preliminary 94.8; adjusted, March 99.1, April 96.8, M;;y 90,8, and June preliminary 93.4.
27
SURVEY OF CURRENT BUSINESS
Ausinst
Monthly statistics through December 1935, together with explanatory notes and references
to the sources of the data may be found in the
1938 Supplement to the Survey
DOMESTIC TRADE—Continued
RETAIL TRADE—Continued
Restaurant chains (3 chains):
Bales
thous. of doL.
Stores operated
number..
Other chains:
W. T. Grant & Co.:
Sales
__. thous. of doL.
Stores operated-Dumber-.
J. C. Penney Co.:
Sales
thous. of doL.
Stores operated
number..
Department stores:
Collections:
Installment account
percent of accounts receivable..
Open account
do
Sales, total U. S., unadjusted. J923-25=100,.
Atlanta
do
Boston
.
do
Chicago!
do
Cleveland
do
Dallas
do....
Kansas City
1925=100..
Minneapolis.
1829=100..
New York
1925-27 = 100..
Philadelphia......
1923-25=100..
Richmond
.
do
St. Louis 1
do
San Francisco
do
Sales, total U. S., adjusted
do
Atlanta
do
Chicngof
do
Cleveland
do
Dallas
do
Minneapolis
1929=100..
New York
1925-27=100..
Philadelphia
1923-25=100..
San Francisco
do
Installment sales, New England dept. stores
percent to total sales..
Stocks, total U. S., end of month:
Unadjusted
1923-25=100..
Adjusted
_..do
Mail-order and store sales:
Total sales, 2 companies
thous. of dol..
Monttromery Ward & Co
do
Sears, Roebuck & Co
do
Rural sales of general merchandise:
Total U. SM unadjusted
1929-31=100..
Middle West*
.
do.__.
East*
do
South*
do
Far West*
do
Total U. S., adjusted
do
Middle West*
do....
East*
do....
South*
do
Far West*
__do
3, 402
340
3, 363
350
3,510
349
3,490
349
3, 655
349
3, 800
346
3, 542
3, 943
3, 581
3, 308
3,774
346
346
346
347
348
8. 403
' 479
8,371
473
7,075
473
6,925
472
7,443
472
9, 383
474
8, 492
16,867
5, 020
5,617
7, 616
477
477
477
477
• 21, 478
1,484
18,475
1,488
10, 369
1,489
22, 529
1, 491
28, 952
1,494
20, 072
1, 498
37,133
1,496
15,928
1,498
16.2
45.6
63
78
54
65
63
71
53
61
62
52
79
5a
77
91
111
91
83
102
81
82
70
94
16.2
42.1
6S
96
54
75
17.8
48. 4
100
119
92
104
98
120
101
112
97
84
137
103
98
90
100
95
92
104
94
85
74
95
17.3
47.0
16.4
47.4
77
70
75
83
56
78
60
88
86
123
91
85
107
86
81
73
92
16.5
42.8
94
116
82
97
89
109
92
95
87
71
104
86
97
88
123
95
86
103
88
84
79
93
17.0
47.1
91
85
75
109
79
SO
93
111
100
98
101
94
88
75
97
18.0
47.6
84
92
76
88
84
92
77
85
80
71
304
72
84
87
103
89
86
100
88
83
74
94
105
120
85
101
100
113
90
89
106
91
120
89
101
94
105
93
95
97
91
90
79
95
161
187
138
104
158
175
151
139
156
130
204
143
171
92
110
98
96
108
94
88
70
100
0.7
16.3
4.0. 4
90
100
7',)
9S
95
93
72
85
70
78
09
78
64
71
69
54
79
62
80
93
107
97
91
93
79
89
75
98
3, 077
347
3, 054
348
477
7,170
477
8,014
477
14, 214
1, 499
19,823
1,500
20, 230
1, 503
20, 820
1,503
10.4
44. 0
18.1
46.8
70
95
57
78
82
89
08
04
17.0
47.0
95
110
76
90
90
114
74
102
95
98
89
90
78
74
111
88
97
93
110
104
103
98
90
85
80
102
17.3
40. 9
89
100
75
97
98
100
85
87
81
09
100
86
90
93
107
98
91
100
84
87
08
90
101
105
105
88
89
85
80
r
113
r
85
93
93
115
100
98
101
88
90
79
97
72
57
77
03
81
9.3
10S
97
101
105
80
8.'
7.5
9.5
14.9
10.8
10.9
9.7
6.3
10.6
12.0
9.6
9.7
9. 0
73
75
64
59
64
65
67
71
68
76
69
80
71
67
71
60
74
72
70
78
76
79
70
78
70
89, 258
37, 060
52, 198
76, 689
30, 330
46,359
65, 270
25, 636
39,634
66, 325
27, 422
38,903
80, 974
33, 357
47, 617
103,590
45, 455
58,135
85, 993
36, 979
49, 014
118.222
51, 789
66, 433
54,427
22.578
31,849
53,831
22,101
31, 671
78, 625
34,931
43, 694
89,081
40, 090
49, 585
92, 027
39, 140
53,487
117.5
109. 0
132.8
124.0
134. 9
124.4
112.4
130.2
144. 9
142.7
105. 4
r 99. 3
104. 3
113.2
121.8
111.5
101.8
100. 9
131.7
128. 9
88.3
81.0
85.5
97.9
107.7
114.7
103.9
108.9
140.9
129.8
96.2
88.6
97.9
103.3
113.3
111.9
101.3
110.6
136.0
123.1
122.3
107.0
112.0
160.6
r
147. 8
123.6
107.5
119.7
156.7
126.3
155.1
137.7
149.6
225. 0
148.4
127.1
116.2
126. 2
163.6
126.8
150.8
136. 0
154. 8
195. 4
150. 4
122. 6
110.5
135. 2
146. 9
124.8
186.1
150.5
195. 9
212.4
208. 7
131. 0
106. 0
137.5
153. 9
134.2
88.6
81.0
88.4
107. 5
95.6
100.7
98.7
105. 3
129.5
128.3
93.8
85.2
95.2
123. 1
92.0
103.7
98.5
104. 1
123.1
116.4
117.4
107.1
120.4
147.5
119.0
126. 2
119.0
128.1
158.6
136.0
110.4
100.5
122.0
138. 8
121.2
121.2
108. 1
122. 0
150. 2
131.0
119.4
109.9
127.0
132, 0
131.2
127.1
113. 2
130. 3
148.?
145. 8
98.1
92.7
100.4
90. 5
90.4
100.0
99. 0
93. 2
103. 4
101.1
90.4
100.8
102. 1
98. 0
108. 9
r 102.3
r
99. \
' 1 10. 1
EMPLOYMENT CONDITIONS AND WAGES
EMPLOYMENT
Factory, unadj. (B. L. S.)f
1923-25=100..
Durable goods groupf
do
Iron and steel and productsf
do
Blast furnaces, steel works, a n d rolling
mills
1923-25=100..
Structural a n d ornamental metal work
1923-25=100..
T i n cans, etc
do
L u m b e r and products
do
Furniture
do
Mill work
do
Sawmills
do
Machinery f
do
Agricultural impiementsf
do
Electrical machinery, etc
do
F o u n d r y and machine-shop products
1923-25= 100..
Radios and phonographs
do
Metals, n on ferrous
do
A l u m i n u m manufactu res
do
Brass, bronze, and copper products
1923-25=100..
Stamped and enameled ware
do
Railroad repair shops
do
Electric railroad
do
Steam railroad.do
91 4
91.2
84.6
93.0
93 5
84 7
95 3
85 7
97 2
90.7
89.2
98.9
99 7
102.8
105 7
107 2
107. 9
107.7
109.3
111.5
113.6
117.1
120. 2
68.4
100. 9
64.8
73.6
49.7
74 8
109 1
66 6
81.7
52.2
75 3
111. 6
68.2
85.0
74.9
102. 7
69.2
50. 9
104.4
95.7
89.7
71.0
102.4
65.6
76.9
49.5
51.9
104.0
110.1
91.8
51.9
107. 5
93.9
96.5
80. 9
53.4
52 4
109^ 6
97.5
99.6
73.2
95.8
67.8
88.3
53. 4
49.9
111.4
93.2
103.0
70.1
94. 4
67.1
87.8
54. 1
49.0
114.1
102.9
105.8
70.8
95. 8
65. 0
85. 9
53.8
40.8
114.9
111.3
104. 0
71.8
98.4
05.8
80. 1
55. 0
47.0
118.0
119.0
109. 3
74.2
100. 2
09. 8
87.5
56. 7
52.3
121.2
131.5
111.2
75. 7
102. 2
70. 0
80. 9
57. 7
53. 4
124.3
137. 5
114.0
70. 9
r 104.9
r
71.(
r
87. 4
r 57_ ;;
r 54." 7
r 120. I
139.7
M17.8
90.0
200. 4
95.5
107. 2
91.2
193.5
94.5
110.5
95.6
218.3
108. 3
117. 2
97.0
210.6
110.0
118.8
99.4
202.7
111.6
117.7
101.3
187.1
106. 9
118.9
104.4
170.0
111.5
122.2
106.8
103.0
114. 6
r
124.2
100.7
1 ,n,8. 4
115. 5
124.4
r 1U.7
r 139.9
r 1 1 5. 5
125.8
99.9
100.1
135.0
56.9
62.2
56.5
111. 3
154.3
60.4
63.4
60.2
112.9
150.0
60. 6
03.3
60.4
110.2
102.4
01.2
03. 4
61.0
118. 5
154. 8
01 2
03.4
61.0
121. 7
159.1
124.1
165. 3
62.2
64.0
62.1
127.0
102. 4
(Y-i. 3
03. 8
(53. 3
r 125.7
r 102.8
r 03. 0
r 03. 4
r
03. (i
101.2
99. 0
103. 1
90.1
84.7
78. 8
107. 0
72. 5
88. 9
57. 3
55. 4
128.4
J3K. 0
117. 7
112.5
185. 1
.114.5
129. 5
122. 5
102. 1
(54.2
02.2
04. 4
52.0
103.6
123. 6
138. 6
58.5
62.0
58.2
92.4
95.5
52.0
92.5
94.3
210. 7
98.4
111. 0
210. 3
102.9
111. 5
102. 7
138. 4
107. 1
143. 4
58.4
59.3
62.4
62.4
58.1
59.1
96.9
91.0
99.3
OLO
03. 3
61.5
122.0
T
r
Revised.
* New series. See p p . 14-20 of the September 193P issue for figures for period Jan. 1929-July 1936.
t Revised series. For factory employment revisions beginning J a n u a r y 1934, see table 12, p . 19. of the March 1937 issue. Indexes of department store sales in the Chicago
Federal Reserve district, bo! h unadjusted and adjusted, wore revised for the period 1923-30. See hible L'3, p. 10 of! he Jn!\ 1937 issue.
1 A now series on depsirtnio.nl. store stiles in the St. Louis Federal Reserve, district is shown in table T2, p. 10 of ! he, .1 uly 1937 issue. This will be substituted for the present
data in a subsequent issue.
28
SURVEY OF CURRENT BUSINESS
Monthly statistics through December 1935,
together with explanatory notes and references to the sources of the data may be found
in the 1936 Supplement to the Survey
1937
June
August 1937
1930
June
July
1037
Novem-;
I October
ber
August
Ariril
May
EMPLOYMENT CONDITIONS AND WAGES—Continued
EMPLOYMENT-Continued
Factory unadjusted—Continued.
Durable goods group—Continued.
Stone, clay, and glass products
66.4
67.0
1923-25=10073. 9
49.4
Brick, tile, and terra cotta
do
54.2
50.3
61.8
69. 9
63.0
Cement
do
99.2
112.4
98.9
Glass
„
do
105. 3
126. 6
101.9
Transportation equipments
do
115. 8
138.1
111. 1
Automobiles
do
77. G
54.2
Cars, electric and steam railroadS-do
57.1
103.0
98.9
98.0
Shipbuilding
do
103.
6
98.2
95.9
Nondurable-goods group §
do
124.1
112.7
110.3
Chemicals and products
do
122.5
118.6
Chemicals
do
135. 6
100.1
100.4
108.7
Druggists' preparations
do
126,2
128.9
139.7
Paints and varnishes
do
121. 5
117.8
126.0
Petroleum refining
do.
347.
3
336. 2
391.4
Rayon and products
do
116.9
107.9
112.0
Food and products
do
129.
2
128.4
136. 8
Baking
do
220. 0
199.1
222. 4
Beverages
do
89.1
90. 8
85.8
Slaughtering and meat packing
do
93. 6
93.4
86.8
Leather and products
do_
93.7
92. 1
86.3
Boots and shoes
do.
98.0
93.8
92.9
Leather__
do.
106. 9
98.5
98.8
Paper and printing
-do.
120. G
108. 8
108.3
Paper and pulp
do_
100. 8
89.8
90.8
Rubber products
_
do
92.7
83.9
82.8
Rubber tires and tubes
do.
103. 6
96.2
96.3
Textiles and products.__
-do.
99.8
90.3
91.7
Fabrics
do
109. 8
107.6
104.6
Wearing apparel
--do
60.0
60.2
60.6
Tobacco manufactures
do_
Factory, adjusted (Federal Reserve) t§
90.4
101.0
92.8
1923-25=100..
98. 0
83.8
85. 6
Durable goods group§
do
102.4
93.5
90.8
Iron and steel and products§
do
Blast furnaces, steel works, and rolling
109
103 !
99
mills
1923-25=100..
Structural and ornamental metal work
67
70 !
1923-25=100—
105
99
98 i
Tin cans, etc
do.
71.9
64.2
65.6
I
Lumber and products
do.
92
76
79
Furniture
do.
56
49
48
Millwork___
_
do.
54
50
51
Sawmills
do.
128. 6
103.9
105.3 j
Machinery^
do.
141
126
117 |
Agricultural implements!
do
118
90
92 ;
Electrical machinery, etc
do.
Foundry and machine-shop products
92;
113
90
1923-25=100-193
209
Radios and phonographs
do
210 I
96.4
Metals, nonferrous
do
115. 6
97.8 I
109
116 i
Aluminum mfrs
do
132
102 I
100
Brass, bronze, and copper products.do
123
136 i
139
Stamped and enameled ware
do
162
57.4 {
58.2 |
R lilroad repair shops
do
63.9
62 I
62 I
Electric railroads
do
62
57 '
58 i
Steam railroads
do
64
65.7
63.0
Stone, clay, and glass products
do
70.3
47
45
Brick, tile, and terra cotta__
do
50
55
54
Cement
do
62
101
96
Glass
do
109
105.1
102.2
Transportation equipments
do
122. 7
116
112
Automobiles
do
134
52
53
Cars, electric and steam railroad§_do—_•.
71
101
99
Shipbuilding
do—.
104
100.4
97.6
Nondurable goods group§
do
105.4
115.7
113.2
Cuemicals and products
do
127.7
121
117
Chemicals
.do
137
105
105
Druggists' preparations
do
114
126
124
Paints and varnishes
do
134
120
117
Petroleum refining
do
125
358
350
Rayon and products
do
408
112.4
110.3
Food and products
do...
114. 1
129
127
Baking
do.-_
136
196
183
Beverages
do___
204
92
86
Slaughtering and meatpacking do_._
90
90.3
89.0
Leather and products
_—do—.
95.9
91
89
Boots and shoes
do
96
94
94
Leather
do—99
99.8
100.0
Paper and printing
__
do—_
108.2
108
109
Paper and pulp
do
121
91. 4
88.8
Rubber products
_ do._.
99.6
82
79
Rubber tires and tubes
„
do_._
89
102.6
98.1
Textiles and products
do—_
105. 6
95.5
91.8
Fabrics
_
_do.-_
101.4
116.6
110.3
Wearing apparel
,
do
112.5
61.2
60.3
Tobacco manufactures
do
60.1
r
Revised.
t Revised series. See table 1, pp. 14-20, of the January 1937 issue.
§Revised series. For revisions beginning January 1934 see table 12, p. 19,
68.0
50. 7
61.1
99.8
93.0
98. 3
59.0
99. 4
102. 8
113.4
123.0
100.3 j
124.4
118.3
356. 7
127 9
130.1
214.5
91. 5
94. 4
95. 4
95.6
100. 1
109.1
92.2
86. 0
101.8
94. 7
115.8
63.0
68. 2
50. 2
69.1
49. 6
65. 6
99. 3
103. 6
102.1
87. 3
90. 3 1 JIG 0
57 3
58.7
102". 4
102. 7
105. 9
104. 7
119. 5
120.3
127. 1
129. 9
103. 1
104.4
126. 7
128.6
122.3
120. 6
360. 1
361. 5
135.9
124.2
131. 3
132. 6
209. 6
190.7
90. 9
91.8
94. 1
92.8
94. 5
92.9
97.4
97.2
102.6
104. 0
1J 0. 4
110.7
97.9
94. 3
89. 0
So. 6
103. 4
104. 3
95. 8
97.1
118. 4
118.3
63. 6
64. 5
67. 3
49.6
64.2
97.6
115.0
128.3
57.5
97.4
103. 3
119. 7
130.0
105. 9
125 3
121.1
364. 0
114. 1
133.0
183.0
96. 9
89. 0
S7.8
98. 4
105.0
111.9
100.0
90.9
104. 8
98. 8
116.0
65. 9
67.1
48.8
62.0
100.6
122. 1
138.7
56. 8
89.9
104.0
119 3
129.1
106. 6
127.5
119.5
362. 4
110. 6
132. 2
181.0
99. 4
94. 0
94.1
98.4
106. 0
112.8
101.9
92. 5
106.4
101.7
114. 8
63.3
62.5
45. 6
57.1
92.8 |
11.2.7 I
125.2
55.7
94.5 I
103. 0
120. 2
130. 8
106.5
128.0
119. 4
367. 6
105.2
130. 5
182.3
96. 4
97. 5
99.0
97.0
104.3
113.7
101. 3
92.7
107. 1
102. 3
115.6
57.1
67.2
46.6
58.2
107. 6
116.0
127.4
62.9
98.7
105.2
121. 9
131. 4
110.0
131.2
119.6
370.4
105.1
132.2
182. 1
91.3
99.9
101.9
97.5
105. 7
116. 1
101.6
93.4
110.2
103. 6
122.6
60.5
70.3
49.3
63.5
110.1
121.0
131.6
70.2
106.8
106.1
124. 9
134.0
112. 2
134. 6
120. 5
373.3
105. 7
133. 7
192. 5
90.7
100.8
102. 7
98. 8
107.1
117.6
96.7
81.2
111.2
103.8
125. 5
60.8
73.0
53. 3
66. 9
110. 9
125. 4
136. 2
75. 1
109.0
105. 9
120.6
135. 6
111.5
138. 2
122.0
378. 1
107.7
132. 7
196. 7
88.4
98. 3
99.3
100.0
107.2
119. 1
96.7
81.4
109. 9
103.7
121.8
60.2
' 74. 4
55. 0
' 68. 5
' 112.3
r
128. 3
r 140. 0
94.4
88.2
9S.4
96. 2
89.9
99. 6
98.6
92.7
101. 0
98.8
92.4
102.3
99.7
93.9
103.7
100. 9
96.3
106. 4
101. 6
97.4
108. 0
' 102.2
' 98. 4
' 108. 7
120
' 106. 7
' 104. 8
' 124.5
137. 5
' 108. 3
' 140. 2
124. 1
384. 0
' 107.9
' 134.6
' 207. 4
89.3
' 95. 1
-"95.3
' 99. 1
107. 7
' 120. 2
103. 6
93. 7
' 107. 3
' 102.2
' 116.5
r
59. 9
r
93.4
85.7
95.3
93,8
86.6
96. 8
109
109
110
113
112
116
118
101
65.1
81
51
49
105. 3
101
92
73
101
65.8
82
52
50
106.8
96
97
73
100
66.2
81
53
50
108.4
102
100
73
98
81
54
49
110.4
95
103
70
97
67. 9
86
55
51
111.0
103
106
73
103
68.8
89
57
50
116.0
109
104
75
105
68.1
87
57
50
US. 9
113
109
76
104
71.4
88
58
54
121.1
125
111
78
105
71.4
90
123.7
130
115
' 107
r 71.7
91
56
' 54
r 125. 6
136
118
104
196
111.7
121
122
159
61.9
63
62
72.6
47
59
102
100. 9
109
56
102
101. 8
115.4
122
102
127
117
360
113.2
12V)
195
92
90.9
61
99
100. 8
109
56
102
101. 6
118. 5
126
101
129
120
360
113.3
129
190
92
91.4
91
98
102. 7
110
95.8
89
102. 6
96. 8
113. 6
61. 7
97
171
106. 7
118
111
154
60. 6
63
60
60. 3
48
65
96
112. 3
123
64
98
102. 9
118.1
129
102
127
121
357
113. 4
132
197
90
94.9
95
99
103. 6
112
99. 4
93
101. 4
97. 3
118. 4
62.4
102
201
109.6
121
120
163
62.3
47
96
176
105.2
115
110
153
60. 1
63
60
67. 2
47
64
103
105. 0
113
61
102
101.2
117.9
129
100
129
119
354
112.7
131
187
91
92.0
92
96
103. 1
111
98.3
92
101. 7
95.5
113.4
61.1
100
188
110. 7
118
115
166
61.7
63
62
66.4
9.5
186
102.5
112
109
143
59. 1
02
59
66.1
106
190
113. 2
119
122
161
62.2
64
62
72.6
54
70
109
117.3
127
71
106
105.9
122.5
135
111
135
122
370
117.0
136
205
93
97.4
99
97
107.4
118
96.0
80
107.0
101.1
117.9
61.7
108
1S9
114.3
121
126
158
62.4
64
62
71.8
54
66
108
118. 6
128
70
106
106. 2
124.4
136
113
136
123
37S
116. 1
134
199
91
96. 5
97
100
107. 5
11.9
95.8
79
107.9
103.8
115.0
61.1
r 155
r 115.4
123
124
160
' 62. 4
63
62
71.3
52
62
110
' 122. 2
133
'71
104
' 106. 2
126. 0
138
'112
134
125
392
' 114.7
135
203
90
'96.0
96
100
108.0
120
101. 7
89
' 107. 6
' 103. 2
'115.3
'61.2
93
209
101.1
116
106
141
58.7
62
58
91
96
101.1
109
93.9
87
104. 9
98.1
117.0
61.9
of the March J937 issue.
|
!
I
|
69.0 I
51
68
101
118. 7
133
62
89
104. 9
118. 6
129
105
130
120
355
115.0
132
197
95
98.8
100
98
104.0
113
102. 2
j
|
!
|
95 J
106.8
100. 1 I
119.8
62.0 I
62
69. 5
68
98
110.2
120
62
95
105. 4
120. 7
133
105
131
120
364
114.8
133
203
93
99.1
101
97
104.'0
134
102. 3
95
108.3
101. 7
120.9
62.0
68
109
113.0
123
66
100
105. 8
121. 6
133
109
133
121
363
116. 7
135
91
98.1
100
97
105. 5
116
101. 7
94
107. 3
100. 7
119.8
61.8
no
29
SURVEY OF CURRENT BUSINESS
August 1937
Monthly statistics through December 1935,
together with explanatory notes and references to the sources of the data may be found
in the 1936 Supplement to the Survey
EMPLOYMENT CONDITIONS AND WAGES—Continued
EMPLOYMENT—Continued
Factory, unadjusted, by cities and States:
City or industrial area:
Baltimore
1929-31 = 100..
Chicago
1925-27=100..
Cleveland
..1923-25=100..
Detroit.do.
Milwaukee
___1925-27=100—
New York
do
PhiladelDhlaf
.1923-25=100. _
Pittsburgh..
do
Wilmington
do
State:
Delaware
.
do
Illinois
1925-27= 100..
Iowa
1923-25=100Maryland
1929-31=100Massachusetts
1925-27=100—
New Jersey
1923-25=100Ncw York
.
1925-27=100...
Ohio
1926=100-.
Pennsylvania t
1923-25=100-Wisconsin
1925-27 = 100Nonmanufacturing, unadjusted (B. L. S.):
Mining:
Anthracite
1929-100Bituminous coal
do
Metalliferous
.
do
Petroleum, crude, producing
do
Quarrying and nonmetallic
do
Public utilities:
Electric light and power, and manufactured gas
--1929=100.Electric railroads, etc
-.—do
Telephone and telegraph
do
Trade:
Retail, total
-do
General merchandising
do
Other than general merchandising
1929=100
Wholesale
do
Miscellaneous:
Dyeing and cleaning
do
Laundries
do
Year round hotels
do
Miscellaneous employment data:
Construction employment, Ohio .1926 = 100.Hired farm employees, average per 100 farms
number-. I
Federal and State highway employment:
I
Total
number..!
Construction
.
do
Maintenance
do
Federal civilian employees:
United States
..._do._District of Columbia
do
Railway employees:
Class I steam railways:
Total
___
.thousands-.
Index:
Unadjusted.-1923-25=100..
Adjusted
do
Trades-union members employed:
All trades
percent of total—
Building
do
Metal
«__
,.
do
Printing.,
.
.
do
All other
do
On full time (all trades)
do
101.9
80.2
102. 8
125. 4
110.2
82. 1
103. 3
93.9
110.0
88.2
72.6
96.2
103. 5
99. 2
72. 2
93. 3
78.7
89.6
88.9
73. 6
96.4
101.0
98. 1
72,5
94.6
80.9
93.3
84.2
76.0
91. 1
78.0
97.4
77. 1
97-2
82.7
95.3
91.5
77.6
96.4
83.9
101.4
80.4
' 100. 3
84. 8
97.4
92.1
78.8
102.0
103.0
104.0
82.2
' 101.7
86.1
98.0
118. 9
95. 1
133.7
108. 3
83.4
87.5
89.4
94.6
81.6
123.2
93.9
73.4
79.3
76.9
96.7
SO. 9
91.8
99.1
82.1
121.0
95.5
75.4
78.7
77.5
97.6
82.6
95.6
111.3
84.7
119.8
93.0
78.2
80.8
79.8
98.8
84.7
91.9
118.4
80.6
121. 8
98. 9
79.8
83.1
83.3
101.0
87.0
95.2
51.2
75.7
61.9
73.7
53.5
48.4
75.5
61.3
75.4
54.4
41.1
76.9
61.6
75.0
55.3
90.4
71.7
72.1
91.7
72.4
73.1
85.5
96.4
80.2
102.2
117. 7
106. 1
81.9
102. 7
82.9
99.3
92.2
81.3
102. 0
126.1
107.0
81.1
• 103. 4
84.3
99.0
93.0
81.5
93.0
126. 0
110. 0
81. 1
' 103. 0
83.6
98.7
95.4
83.2
105.5
127.5
109.0
84.1
' 103. 4
88.6
100.6
84.9
106. 3
87.3
113. 8
86.6
' 105. 3
90.8
104. 3
102.1
85.2
108. 6
130.0
115.7
84. 4
106.3
91.5
108.0
103.4
86. 5
108.4
129.1
113. 6
'83.8
100.7
93.3
108.8
105.7
86.9
121. 9
100. 2
80.4
82.7
84.7
102.8
88.2
96.8
105.6
87.9
124.1
99. 5
81.6
83.4
84.8
103.4
87.6
96. 9
105.2
89.1
128. 5
99.1
83.6
84,7
85.4
105. 0
' 88. 4
97.4
104.8
89.4
126.2
100.1
84.0
83.9
85.5
102.6
88.0
99.7
107.2
91.6
128.7
102. 4
85.2
85. 3
87.3
107.0
90.4
101.8
111. 2
93.6
130. 8
105.7
86.7
86.2
89.7
108.7
91.4
105.4
115.1
94.3
130.9
108. 6
87.2
87.0
89. 5
' 107. 0
92.2
106.6
116.5
95.3
133.5
109.8
86.2
87.3
89. 6
UO.O
' 92. 3
105. 3
47.6
78.2
63. 1
74. 5
54.9
49. 9
81.1
64.2
73.6
54.6
51.5
82.3
62.9
73.2
52.6
54.8
83.9
64.4
72.4
49.4
54.1
84.6
66.8
72.7
45.7
52.7
84.8
69. 6
73.5
46.7
48.9
85.9
73.1
'74.2
49.1
54.0
' 72. 0
76.2
'75.8
53. 1
51.0
'77.8
' 78.2
'76.7
54.9
93. 1
72.4
73.5
93. 5
72.8
73.7
94.0
73.1
73.8
93.5
73.0
73.7
93.2
72. 5
73.6
92.1
72.5
74.4
92.0
72.5
74.8
92.2
72.6
75.4
' 92 9
72.9
76.6
' 94. 4
73.3
'77.7
83.2
90 7
82.4
89.4
86.6
98.5
88.7
103. 9
90.1
109.3
99.6
143. 4
85.4
95.1
85.2
93.9
88.5
100, 3
88 8
99. 6
' 89. 9
' 102.1
82.6
84.6
81.2
85.4
80.5
86.3
83.5
88.0
84.7
89. 0
85.1
89.7
88. 1
91.0
82.9
90.7
82.9
92.0
85.4
92.1
86.0
' 91. 9
' 86. 7
'90.8
87.5
87.2
83.9
85.5
90.5
83.3
83.5
89.6
86.7
89.6
84.2
86. 5
87.6
85,4
81.3
87.0
84.6
77. 7
87.6
84.0
76.8
88.5
85. 5
76.2
88.6
86.4
81.1
88.7
86.9
' 84. 9
' 88. 5
' 88. 4
' 88. 6
' 90. 3
'87.7
52.0
46.0
47.6
49.3
49. 2
46. 5
51.2
51.8
60. 7
111
107
95
90
69
76
78
87
414,147
262,375
151, 772
389. 9Gfi
240. 249
149, 717
353,971
200, 283
153,688
288, 248
149, 708
138, 540
210,027
92j 451
117,576
190, 336
69, 550
120, 786
200,794
81,748
119,046
220, 286
101, 525
124, 701
299, 063
139, 890
159,1(57
Si! 017
114,611 i 114,510
839,053
114,792
831,095
115,964
829, 791
115,870
826, 333
115,871
829,193
116,146
835, 259
] 10, 375
810,159
115,912
1,088
100 |
83.2
46.0
101
99
423.466 ! 435,971 433, 533
258,103 271,015 274,651
165,363 | 164,956 I 158,882
65. 6
64.2
<»A 7 Hi
•91. 5
r
824,259 I 830,622
117,103 116,022
834,266
115,569
1,089
1,097
1,102
1,114 I
L 121
1,101
1, 095
1,112
1,114
60.3
59.0
60.8
59.3
61.0
61.7 !
60.5
62.1
60.4
(U. 1
60.7
60.6
62.1
60. 2
62. 8
61.5
64.0
61.6
63.4
63.3
63.8
64.6
63.8
83
72
88
88
85
60
83
73
89
88
84
64
88
85
71
89
90
88
86
69
89
90
89
89
78
64
65
87
71
91
90
90
68
88
73
92
91
91
(58
86
74
90
90
88
65
41.5
41.8
41.0
41.5
41.7
40.9
40.6
87
76
83
89
89
66
90
90
90
1,167
9)
91
69
LABOR CONDITIONS
Hours of work per week in factories:
Actual, average per wage earner
hours..
Industrial disputes (strikes and lockouts):!
Number of disputes (in progress)
Man-days idle
number...
Workers Involved (in progress)
do
Employment Service, United States:
Applications:
Active
file
do
New
do
Placements
_
_
do
Private
do
Placements to active file •
percent..
Labor turn-over in mfg. establishments:
Accession rate:
Mo. rates per 100 employees on payroll
Separation rate:
Total
»
percent..
Discharge.
do
Lay-off.
„
do
Quit.
__
.do
40.2
39.1
40. 1
40.'
262
'723
'333
309
324
379 i
335
355
'4,500,000 1,327.678 1,105,480 911,216 1,063,100 1,O53,S78 1,940,628 2,065,733 '2,098,115 '1, 479,222 2,174,784 3,332,475 '2,750,000
r
'375, 000
•
345,2741
376,821
184,859
'
232,583
P 3 8 5 , 000
133,531 125,281 118,268
212,161
130,875
148,570
157,007
>,010,014 6,498,076 6,735,957 16,833.680 6,838,889 6,897,446 1,841,989 j6,311,I61 6,282,615 6,115,443 5,495,209 5.519 754
337, 930 370,233 i 396,663 I 384,981 355, 800 357, 455
339,309 j 307,182
292,304
262,290 282, 587 2S8, 037
374, 027 473,141 437, 90.1 436, 290 434, 648 399,095
330,986 303.275 242,136 250.241 294, 308 348, 927
224, 692 123,517 I 117,906 130,491 167, 809 173, 407
171,974
158,833
143,969 157, 738 193, 641 '219, 440
5.4
5,8
4.8
7.3
8.5 j
6.4
3.9
4.1
6.3
4.8
6.4
3.69
3,309,545
272,125
• 380,018
240, 700
4.49
4.94
4.72
5.09
4. S3
4.60
4.41
4.60
4.71
4.74
4 04
3. 56
3. 28
.23
1.92
1.13
3. 22
.23
1. 84
1.15 I
4- "3
.27
3. 23
1.23
3.30
.26
1.47
1.57
3. 25
.24
1.72
1.29
3.04
.21
1.70
1.13
3.41
.22
2.14
1.05
3.38
.21
1.90
1.27
2.85
.22
1.44
1.19
3.20
.24
1.53
1.43
3 09
23
1 48
1 38
3.37
.21
1.79
1.37
' Revised.
p Preliminary.
fRevised series. Industrial disputes beginning 1927. See table 25, p. 19 of the July 1937 k
Employment indexes for Philadelphia and Pennsylvania revised for 1935
and 1936. These are shown in table 35, p. 20 of this issue.
• Figures were erroneously stated in issues prior to June 1937; decimal point has been moved 2 points to right.
30
SURVEY OF CURRENT BUSINESS
Monthly statistics through December 1935, together with explanatory notes and references
to the sources of the data may be found in the
1936 Supplement to the Survey
1937
1SKJ7
June
July
i August Septem-! Octo
ber
i N o v e m - ! Deoem-
I
!
January !
March
Apr:!
EMPLOYMENT CONDITIONS AND WAGES—Continued
PAY BOLLS
102.8
81.1
80.2
83.6
Factory unadjusted (B. L. S.)t~ 1923-25=100._
83.5
104.4
Durable goods groupf
do
79.0
75.9
77.0
77.2
Iron and steel and products!
do
84.6
81.8
86.8
87.1
Blast furnaces, steel works, and rolling
mills
1923-25=100.'.
94.5
92.5
98.1
97.7
Structural and ornamental metal work
S2.0
60.4
61.3
65.5
66.0
1923-25=100.,
11(1.2
98.1
Tin cans, etc.
do
98.4
108. 8
112. 5
55.8
54.5
58.9
60.3
Lumber and products—.
do
58.7
59.9
68.4
71. 1
Furniture
,
do
44.0
42.3
46.9
46.5
MiJlwork
...do
45.4
43.3
44.8
45.8
Sawmills
do
95.8
92.8
93.9
94.7
Machinery f
do
131.4
108.3
91. 5
87.1
Agricultural implements!
do
83.3
82.6
82.9
84.3
Electric machinery, etc
do
Foundry and machine shop products
83.7
81.4
83. 9
85. 0
1923-25 = 100..
154. 9
164. 7
143.3
180.9
Radios and phonographs
do
79.9
77.4
82.9
Metals, nonferrous
do
88. 0
94.3
Aluminum mfrs
do
96.1
100. 4
98. 9
Brass, bronze, and copper products
83.8
82.8
89.4
95. 2
1923-25=100..
124.6
115.9
123. 5
123. 0
Stamped and enameled ware
do
60.1
56. 0
59.2
57.7
Railroad repair shops
do
61.9
61.7
61.3
61.3
Electric railroads
do
60.1
55.7
57. 5
59 1
Steam railroads
do
55.8
55. 3
58.2
58.3
Stone, clay, and glass products.
do
39.3
39. 1
39.4
40.3
Brick, tile, and terra cotta
do
56.3
58.
0
60.
2
61.0
Cement
_.do
90.5
87.7
92. 8
91.2
Glass
.
do
125. S
98.7
92.6
70.3
81.0
Transportation equipment!
do
132.3
107.1
99.5
83.4
77.3
Automobiles
do
54.0
93.
0
50.5
52. 6
Cars, electric and steam railroadt-do
98.1
114.8
99.0
99.4
97'! 8
Shipbuilding
do
83. 9
KM). 8
85. 6
91.8
91.6
Nondurable goods groupf
do__—
105. 4
137. 4
106. 4
108.1
112.0
Chemicals and products
do
113.3
lf)4.
0
114.9
120.1
117.7
Chemicals
do
99.4
119.6
100. 8
105.2
107. 2
Druggists' preparations
do
120. 9
143.4
113.8
114.0
113.5
Paints and varnishes...
do
112.3
141. 3
114,7
112.2
116.3
Petroleum refining
do
276.8
392. i)
287. 8
300. 1
302. 4
Rayon and products
do
98.9
115.8
107.0
114.0
116.5
Food'and products
.do
115.1
134. 2
116.1
116. 2
117.9
Baking
do
220.7
259. 2
237. 1
227.1
266. 4
Beverages
do
81.2
99. 3
86.7
87.5
85.1
Slaughtering and meat packing...do
64.6
80. 4
74.2
80.3
75.7
Leather and products..
do
57.8
73. 1
70.3
77.2
70.7
Boots and shoes
do
89.8
108.4
95.5
89.9
94.0
Leather
do
89.2
104.9
86.6
89.4
92.0
Paper and printing.
do
•95.1
124.4
95. 2
92.5
96.9
Paper and pulp
do
89.0
103. 8
87.1
92.2
90.8
Rubber products
do
89.5
98. 0
91.9
88.5
91.6
Rubber tires and tubes.....
do
76.8
91.0
87.4
83.9
77.3
Textiles and products
.do
75.2
94. 0
80.5
83.0
77.1
Fabrics
do
76.6
83.1
87.0
74.3
92.4
Wearing apparel
do
50.1
55.0
51.0
53.3
53.5
Tobacco manufactures
do
Factory, unadjusted, by cities and States:
City or industrial area:
92.7
96.9
r 95. 2
92.9
Baltimore
1929-31 = 100.. M24.fi
70. 4
55.7
56.4
58.4
58.5
Chicago
1925-27=100..
123.7
91.5
87.6
90.3
Milwaukee
do
89.5
73.
9
61.2
62.4
69.0
New York....
do
r68. 2
r
82.0
104. 1
83.0
89. 3
89.2
Philadelphia!
1923-25=100..
94.4
98.3
137.9
93.3
96.6
Pittsburgh
.do
82.9
112.9
84.8
90.5
89.8
Wilmington..
do
State:
79.4
86.9
90.5
104. 9
76.9
Delaware
do
80. 3
64.4
63.8
66.4
66. 9
Illinois
1925-27=100.r
100.2
94.3
94.2
97. 8
Maryland
«
1929-31 = 100- r 125.0
r
83.
5
03.
9
66.6
70.3
70.
1
Massachusetts
1925-27=100-88.0
70.0
71.8
69.4
72.0
New Jersey
1923-25 = 100-.
80.
4
66.4
72.4
67.5
71.1
New York
1925-27=100-103. 3
76.4
82. 6
76.8
81.7
Pennsylvaniat
1923-25 = 100107. I
81.8
79.7
82.7
82.6
Wisconsin
1925-27 = 100..
Nonmanufaeturing, unadjusted (B. L. S.):
Mining:
42.0
34. 9
50. 9
37.2
31.4
Anthracite
1929 = 100-61.5
73. 0
65.4
71.0
62.8
Bituminous coal
do
48 2
48.2
77. 0
46. 1
50. 0
Metalliferous
do
09.
3
58.9
60.4
59.7
60. 4
Petroleum, crude, producing
do
52. 1
43.9
46.2
44.8
44.0
Quarrying and nonrnetallic
do
Public utilities:
Electric light and power and manufactured
100. 1
89. 8
91.4
89.8
88.1
gas
1929=10006. 5
71. 1
66. 5
66.8
66. 4
Eleetric railroads, etc
do
79.9
81.2
88.
5
78.8
77.4
Telephone and telegraph..
do
f
Revised
fRovised series. Factory pay rolls, for revisions beginning January 1934, see table 13, p. 19, of
revised for 1935 and 1936. See table 35, p. 20 of this issue.
r
89.0
85.3
93.2
00.7
S'S. 9
95. 8
95.2
93. 4
103.2
90.7
80. 6
99.8
95.8
92. 5
103. 9
101.1
100.0
112.6
101.9
106. -t
124. 5
101. 8
105.0
115. 4
115.9
118.5
127.2
145. 0
r 115. r
ftf. 7
67.5
99.4
58. 2
75.0
50. 4
39. 7
118.2
139. 6
107.3
7"? 2
00. 5
78.3
50. 7
41.6
113.6
121.5
103.1
63. 3
94. 4
54. 9
71.4
47. 1
37. 2
111.0
131. 6
97. 0
f;!. 0
7o! 9
52. 0
48. 0
125. 5
102. 1
112. 1
78. 5
108. 2
OK. 3
M ! J. 7
r OS. 2
10;". ?
107. 5
J 2 i. 7
r
7\ 5
68. 5
97.2
03. 5
76. 9
49. 8
47.1
102.7
105.9
92. 7
77.
4:'.
42.
105.
102.
96.
90 2
177.9
99. 7
110. 6
93. 3
169.4
102. 0
114.9
100.2
167. 5
105. 5
114. 7
98. 7
146. 0
97. 1
1117
105.
124.
103.
121.
0
2
5
7
111.6
127 1
111.8
130.4
IIS. 5
126. S
13'*. 7
110.4
r
JOS. 5
r 113. 1
134. s
102. <!
154.4
61 9
63. 5
64. 0
62. 5
41.3
62.0
103. 0
95. 8
101. T,
59.7
103. 2
93. 7
114,4
103. 8
155.0
65. 2
65. 5
65. 4
61.1
41.1
63. 1
99.4
113.4
125.8
57. 6
97.3
92 9
114.7
127. 5
112.7
116.8
119. 1
298. 2
108.3
120.4
191.3
99.8
67.3
58.2
100.8
98.6
104. 5
101.2
98.9
87.2
86.7
84.6
54.8
111. 6
164.2
65. 5
67.4
05. 6
59.1
40.9
58.8
95.1
120. 9
135. 7
59. 9
90. 6
97. 5
118.3
132.5
112.5
121.6
119.5
321. 3
105. 7
119.8
187.6
101.5
78.3
71.4
105. 0
102.6
108.6
104. 8
99.7
94. 0
96. 8
86. 3
55.4
113.1
148.4
01.2
64. 5
61.1
52 7
3o! 4
49. 9
81. 0
100.7
It!"" 2
127. 8
103.2
05, S
67. 1
05. 9
00. 1
42. 0
02. 5
115. 1
123.0
132. 2
79. 1
110.0
102.6
12S. 1
140. 2
121.2
133.1
125. 6
349. 7
] 04. 1
124. 1
211.0
91. 5
92. 4
S9. 0
107.3
104. 1
110.5
99. 8
90.4
103. 2
97. 5
110.4
52. 4
132.7
104. 1
r 120. 5
u>»;. 0
131.S
\V). !
PJM 3
119.5
'!3v 1
120. 2
154, 9
03. 4
(.4, 8
63. 4
59. 8
37. 9
52 0
107.2
112. 3
121.8
66. 7
97.9
99.9
123.. 0
135. 2
119. 3
127. 2
122. 7
344. 5
101. 3
121.9
189.3
88.4
90.9
87.9
104. 0
100. 5
113.5
104.4
101.3
100.1
97. 0
100. 9
52.6
104. 0
65. 0
103. 9
72.4
r
97.8
110.9
98.9
104.0
05,8
104 0
72. 2
'98! 1
100. 1
96. 7
108.6
08.4
108. 2
105! 1
93.6
101.9
62.7
103.6
70.9
r
95. 1
101.0
96.4
118.3
70.0
1 IS. 1
81.0
r 104.2
122.8
87.3
70.4
103. 1
71.4
75. 5
75.3
87.8
91.7
89.2
71.9
103.0
73.6
77.3
75.2
86. 5
92.7
91.4
74. 6
100. 0
79.9
81.6
79.3
91. 2
93.7
89 4
74. 7
10(5. 4
80. 3
79.1
78.8
89. 5
93 9
91.3
78.2
110.3
82.0
81. 5
'81. 1
r
94. 2
100. 7
48. 5
79.2
53.7
59.6
46.2
40.3
80.7
54. 6
60. 1
43.5
55.4
8f>! 0
57.7
61. 3
39.4
42.7
79. 9
58. 4
01. 0
34. 6
41.0
82.4
63. 4
63. 8
37.8
92.7
67.7
83.1
91.8
69. 7
81.6
93.8
69. 3
82.4
92. 3
• 08. 0
r
83. 0
93. 3
08. 7
'82. 2
m. 7
112. 6
119.6
115.9
307. 6
111.5
119. 0
198. 9
88.7
74.0
67.4
99. 0
96.5
101. 9
96. 8
93.8
88.5
85.1
91.5
54.7
99.8
61.2
103. 1
71.5
',,-_'. 2
0
f"i
7
(\
0
8
9'i! 5
r
>s >
«.. '. 8
90. 0
119. \
100. 5
1 ! .> 4
1<S7. 8
91 S
86. 3
82.4
102. 5
9S.7
109.9
99. 4
94. 0
94. 0
96. 0
88. 1
47.1
r
75.5
100.3
117.8
98.6
un. 2
101. G
r ~:\_ 7
55'. 0
52. 0
133.9
ISO. 0
121.0
in. 2
V.*4
07. 0
07. 0
71. 1
49. 2
OS. 5
120.2
12S. 0
130. 0
SO. 1
122. 7
102.9
130. 4
150.0
119.8
142. 1
137. 0
304. 8
108. 2
123.4
220. 2
98. 7
87. 7
81.0
111.4
104. 8
119.0
100. 3
90. 5
100. 2
100. 3
95.7
52.3
127.0
74. 0
123.0
70. 5
100. 1
134. 9
112.7
85. 3
84,4
SO. 1
98. 0
105.9
104. 5
85. 9
127. 3
87.7
87. 8
80. 5
r 104. 0
108. 9
37.8
88. 4
70. fi
63. 7
41.3
03.9
r 54. 4
r
70. 9
r
07. 4
r
48. 1.
9 1. 5
09. 2
87. 2
T
97. 0
81.2
119.3
r
r 52. 9
* 131.9
r
1*3.0
' 1 Z\ 5
95. 2
r 09. 4
' 80. 3
<• r-7. 1
60. 4
T
07. 4
r
72. 0
r 49. 1
T
71. 1
r US. 9
r
134. 1
r 143. S
r
;--.O. 9
r 11 s. 7
r
]()•]_
;•}
r VMS. 7
' 152. 5
r 11S.0
r 145. 0
r 13S.3
3X2. 0
r 111.0
r 130. 3
r 230. 9
r 99 0
r 81. 0
r 74. 1
r 11(1.0
r 105.9
121. S
r
109. 2
102. 7
r
90. 2
9S. 0
r
88. 9
r
53. 6
128.1
75. 9
120.5
' 75. 1
r 100. ,"
r
137. 1
113. 5
r
r 105. 4
SO 2
127. S
SO. 2
88. 9
SC. 4
r 103. 9
10S. 0
44.4
r
r
r
r
r
T
07. 8
79. 0
07. 7
51. 4
97. f
70. 1
89. 5
the March 1937 issue. Pay-roll indexes for Philadelphia and Pennsylvania
31
SURVEY OF CURRENT BUSINESS
August 1037
Monthly statistics through December 1935, together with explanatory notes and references
to the sources of the data may be found in the
1936 Supplement to the Survey
1937
June
1936
June
July
August
1937
SeptemDecemOctober NovemJanuary
ber
ber
ber
February
March
April
May
EMPLOYMENT CONDITIONS AND WAGES—Continued
PAY KGLLS—Continued
Nonmanufacturing— Continued.
Trade:
Retail, total
1929=100..
General merchandising
_._do
Other than general merchandising.do
Wholesale
do
M iscellaneous:
Dyeing and cleaning
do
Laundries, _
do.__.
Year round hotels
do
r
r
74.4
1)2. 0
70.7
70. 2
66.4
81.3
63. 3
68.4
65.1
77.3
62.6
69.0
64.4
76. 4
61.9
69. 7
66.6
82.8
63.3
70.5
68.3
87.2
64.4
71.5
70.1
91.4
65. 7
73.1
75.9
116.2
67.6
72.8
68.0
83.8
64.7
72.6
67.9
82.9
64. 8
74.1
70.5
87.6
67.0
75.0
78. (i
S.\ 4
69.2
75.8
66. 6
64.8
79.0
66. 0
63. 2
76.7
66. 1
66.1
76.6
67.5
66.7
75.3
69.6
60.2
74.5
69.6
57. 3
76.1
69.8
55.6
76.4
70.4
54. 6
76. 3
72. 5
61.7
77. 5
72.7
28. 35
24.45
24.20
24.76
25.18
25. 51
25.98
26.63
26.11
26. 68
27. 50
28. 03
r
32. 18
23. 00
17.1)3
10o. 5
27.31
19.74
15. 00
91.9
26.77
19.46
15.22
90.9
27.65
20. 07
15. 92
93. 0
28.26
20.46
15. 95
94.6
28.57
20.73
16.09
95.9
29.24
21. 28
16.50
97.6
30.21
21.90
16.96
100.1
29. 88
21.65
16. 72
98.1
30.02
21.94
17. 00
100. 3
30. 83
22. 42
17.24
103. 3
31.70
23. 38
17.37
105.3
r 31.90
r 23. 0 3
<• 17. 19
r
100. 0
104.4
105. y
88.6
88.6
87.0
86.9
87.3
88.3
89.7
90.1
92.3
91.7
91.8
92.5
92.7
93.0
93.3
94.9
95.5
95.7
98.1
98.3
98.4
97.0
97.2
97.0
97.4
98.5
98.6
100. 1
100. 6
100.0
102.1)
101.1)
100. 8
r 10:5.7
.617
. 617
.619
.619
. 619
.624
.637
.638
.642
. 659
. 685
. 089
. 685
. 498
. 429
,684
.497
.429
. 685
.496
.429
.687
.497
.431
.6S9
.498
.431
.697
.505
.432
.711
.518
.437
.715
.515
.438
.718
. 518
.440
. 731
. 535
.444
. 761
. M4
. 463
.780
'. 57 1
.171
85.8
85. 0
87.0
98.6
86.4
93.2
88.0
84.4
84.1
88.1
98.5
87.2
91.5
83.2
82.3
84.4
89.4
99.5
' 89. 1
95.0
89.4
80.5
83.1
88. o
96.4
87.0
93.4
86.3
86 9
87.2
88.6
101. 9
88.9
97.5
94.0
89.0
88.0
90.0
103.5
88.7
97.3
95.1
91.6
89.8
95.3
107. 6
92.7
101.3
95.8
90.0
90.9
95.3
105. 3
r
92. 2
99.4
94.1
89.6
92.6
96.1
106. 7
92.9
102.4
98.8
91.8
94.1
98.3
109. 3
95. 9
104. 8
100.2
95. 5
98. 6
100. 5
112.7
{)'\ 0
98' 3
100. 0
3 13.7
90. 4
KM. <J
101. 9
101). 7
102. 1
.564
1.14
.554
1.15
.569
1.16
.569
1.16
. 583
1.18
.583
1.18
.586
1.18
.603
1.24
.603
1. 24
.612
1. 25
.012
1. 20
32 21
. G64
.665
.672
32. 84
.667
.686
.683
31.37
.688
.696
.42
.56
.30
.46
.56
.50
.54
.33
.49
.36
.41
.54
.30
.47
.57
.49
.51
.32
.50
.34
.42
.58
.31
.47
.56
.48
.56
.32
.50
.34
.42
.60
.33
.48
.55
.51
.53
.33
.50
.35
.41
.63
.30
.48
.53
.47
. 52
!31
.51
.34
.39
.61
.30
.50
.50
.45
.51
.31
.50
.32
.39
.65
.30
.53
.60
.40
.57
.31
.50
.36
. 485
117.0
.485
117.0
. 485
117.0
. 485
117.0
.505
125.0
.525
125.0
.525
125.0
330
349
373
73. 5
MM. 5
r
69. 8
r
70. 1
71. 9
r 89. 1
(IS. 3
r 75. 4
r
73. 9
'*K. 8
'• 78. 5
r
'
T
74. 5
S\.\
73. 0
WAGES—EARNINGS AND HATES
Factory, weekly earnings (25 industries)
(N. I. C.B.):
All wage earners
.dollars..
Male:
Skilled and semiskilled
do
Unskilled
do.._.
Female
do
All wage earners
1923=100..
Male:
Skilled and semiskilled
do
Unskilled
do___.
Female
do
Factory average hourly earnings (25 industries)
(N. I. C. .13.):
All wage earners
dollars-.
Male:
Skilled and semiskilled---..
do
Unskilled
___do
Female.
do
Factory, weekly earnings, by States:
Delaware—
_
.1923-25 = 100..
Illinois
1925-27=100..
Massachusetts
do
Now Jersey
1923-25 = 100..
New York
1925-27=100..
Pennsylvania.—
_
1923-25=100..
Wisconsin
1925-27 = 100..
Miscellaneous wage data:
Construction wage rates (E, N. R.):§
Common labor
dol. per hour..
Skilled labor
do
Farm wages, without board (quarterly)®
dol. per month..
Railways, wages (average)
dol. per hour..
Road-building wages, common labor, on
public works projects:
United S tates
dol. per hour..
East North Central
do
East South Central
,
do
Middle Atlantic.
„
do....
Mountain States
__do
New England
do
Pacific States
.
do....
South Atlantic
do
West North Centra]
.do....
West South Central
do_...
Steel industry wages:
U. S. Steel Corporation 1
do
Youngstown district- percent base scale...
102. 3
. 792
.581
98. 4
101.0
112. 3
90. 7
1 OS. 9
101.4
. 044
1.33
r
.42
.54
.30
.46
.56
.47
.55
,33
.49
.36
CO
('')
CO
CO
CO
CO
CO
CO
CO
CO
. 025
125.0
. 485
15.0
r
.674
CO
(b)
(b)
l!)0. 1
101.5
r
. 027
1.30
34. 10
.671
CO
CO
CO
CO
CO
CO
CO
CbO
()
CO
CO
(bh)
()
(b)
CO
CbO
()
(b)
CbO
()
CbO
()
r
28.30
CO
CO
CO
CO
CO
CO
CO
CO
CO
CO
('')
CO
CO
CO
CO
.525
125. 0
.575
125.0
. 025
125.0
387
401
396
31)5
. 025
125. 0
FINANCE
BANKING
Acceptances and com'l paper outstanding:
Bankers' acceptances, total
mills, of dol...
Held by Federal Reserve banks:d
For own account
mills, of dol._
For foreign correspondents
do
Held by group of accepting banks:
Total
mills, of d o l . .
Own bills
do
Purchased bills
do
Held by others
do
Com'l paper outstanding
do
Agricultural loans outstanding:
Grand total •
do
F a r m mortgage loans, total
do
Federal land banks
do
Land bank commissioner
do
Loans to cooperatives, total
_do
Federal intermediate credit (direct)
mills, of doLBanks for cooperatives Incl. Centra!
Bank
mills, of dol..
Agricultural Marketing Act revolving
fund
„
mills, of dol._
308
831
1/3
276
129
147
40
109
278
131
147
3,381
2, 891
2,064
827
84
276
139
137
39
197
296
150
147
34
199
309
157
152
40
191
315
151
164
57
215
325
154
171
62
244
341
161
180
61
268
317
150
166
80
290
3 IS
1 !7
17 i
188
279
140
139
29
205
3, 387
2, 894
2, 065
829
88
3, 384
2, 899
2, 007
832
89
3, 382
2. 902
2, 068
834
105
3,378
2, 903
2. 068
835
3,371
2,902
2,066
836
3,362
2,901
2,064
837
3,352
2,898
2,061
836
130
125
120
3, 374
2, 892
2, 058
834
110
3, 380
2, 888
2, 055
83,3
99
123
3,353
2,896
2,060
836
114
1
1
2
1
71
51
Less than 1 million dollars.
' Revised.
b
Data temporarily discontinued by reporting source.
§ Construction wage rates as of July 1, 1937—common labor, $0,602; skilled labor, $1.35.
cf Federal Reserve banks held no bankers' acceptances for the period April 1935-March 1937 inclusive.
• See footnote marked "If" on p . 32.
0 Farm wages as of July 1, J937, $30.J1.
a
73
47
56
70
64
295
137
1Ml
285
3, 31)0
2, 885
2,051
832
1
1
1
60
57
49
45
49
48
52
54
54
Basic rate for c o m m o n labor.
32
SURVEY OF CURRENT BUSINESS
Monthly statistics through December 1935,
together with explanatory notes and references
to the sources of the data, may be found in the
1936 Supplement to the Survey
1937 I
August 1937
1936
July
Jane
1937
No vein- i Decem- JanuSeptemOctober
ber
ber
ary
ber
February
April
March
FINANCE-—Continued
BANKING-Continued
A grlcultural loans outstanding—Continued.
Short term credit, total^
mills, of ctoL
Federal intermediate credit banks, loans
to and discounts for:
Regional agricultural credit corps.', prod,
credit ass'ns and banks for cooperatives
mills, of dol.... |
Other financing institutions^
do.. Production credit ass'ns
do
Regional agr. credit corp
do
Emergency crop loans
„
do
Drought relief loans
do
Joint stock land banks in liquidation—do
Bank debits, total
_._
do
New York City
do
Outside New York City
do
Brokers' loans:
To N . Y. S. E . m e m b e r s —
do
B y reporting meniber banks. (See Federal
Reserve reporting member banks, below.)
Federal Reserve banks, condition, end of mo.:
Assets (resources) total
mills, of dol.-.
Reserve bank, credit outstanding, total
mills, of dol.-Bills bought
do
Bills discounted
_,
do
United States securities
do
Reserves, t o t a l - .
do
Gold
.
do
Liabilities, total.__
__do
Deposits, total-do
M e m b e r bank reserve balances, total
mills, of d o L .
Excess reserves (estimated)
.do
Notes in circulation
do
Reserve ratio
percent
Federal Reserve reporting member banks,
condition, end of m o n t h :
Deposits:
D e m a n d , adjusted
mills, of dol._
Time--.
do
Investments, total
do
U. S. Government direct obligations.do
U. S. Government guaranteed issues.do
Other securities
do
Loans, total®
do
Commercial, industrial, and agricultural
loans:
On securities
mills, of dols_.
Otherwise secured and unsecured--do
Open market paper
do
Loans to brokers and dealers in securities
mills, of dol_.
Other loans for purchasing or carrying
securities
mills, of doL_
Real estate loans
do
Loans to banks
do
Other loans
__—
...do
Interest rates:
Acceptances, bankers' prime
percent..
Bank rates to customers:
In New York City
do
In eight other northern and eastern cities
percent..
In twenty-seven southern a n d western
cities
percent..
Call loans, renewal ( N . Y . S. E.)
do
Com'l paper, prime (4-6 mos.)
__-do
Discount rate, N . Y . F . R. Bank
do
Federal Land Bank loans
do
Intermediate credit bank loans
do
Time loans, 90 days ( N . Y. S. E.)
do.—
Savings deposits:
N . Y. State savings banks
mills, of dol_..
U. S. Postal Savings:
Balance to credit of depositors
do
Balance on deposit in banks
do
FAILURES
Commercial failures:
Grand total..
number..
Commercial service, total
do
Construction, total
do
Manufacturing, total
..do
Chemicals and drugs
do
Foods
.do
Forest products
_do
Fuels
do
Iron and steel
do
Leather and leather products
do
Machinery
do
Paper, printing, and publishing.__ do
Stone, clay, and glass
_._.do
Textiles
do
Transportation equipment
do
Miscellaneous
do
Retail trade, total
do
Wholesale trade, total
.do
419
406
105
47
159
144
54
139
140
55
141
35
••111
36
130
59
118
3f>, 453
lfi,434
20, 019
151
37, 503
18, 623
18, 8S0
31,816
16, 199
18, 017
1,186
9h9
967
12,490
11, 574
11,629 |
4
10
2 5°f>
9J59
8,845
12, 496
7, 278
2, 473
3
4
2, 430
8, 385
8, 119
11,574
6, 585
2, 462
2,471 I
3
4
2,430 j 2,4,.O '
8, 503
N 579 I
8,210
11' 621
11,629
6, 758
6, MiO
6,900
865
4, 206
79.7
A, 034
79. 0
15,18fi
5, 235
12, 530
8, 301
1.152
3, 077
9, 7G0
'113
63
375 I
340
139
50
122
31
132
41
105
26
105
61
62
147
11,621
i\
5, 633
6, 005
3, 029
3, 978
79.2
14,679
5.011
14, 159
9,510
1, 289
3, 360
8, 460 |
! 37,
! 17,
j 20,
! 33,
I 15,
i 17,
6, 410
1,'MO
1,01s
79. 3
17! 391
18, 175
11,862 i 12,057 j 12,208 j
399
144
42
132
24
115
60
126
42, 003
20, 398
21, 605
154
44
144
24
128
59
123
37.133
17', 082
20, 051
130
41
105
25
104
60
133
45, v m
22, 658
23, 238
126
40
106
24
104
60
13U
39,4"9
19,096
20,383
3,051
1, 026
1,075
1,159
1,187
12,525
12,297
12,330
12, 339
12,449
12,448
2,465
3
3
5
3 II 2,430
2,430 | 9,134
9, 156
8, 859
8,862
12, 330
12,297 i 7,177
7,257
6.695
6,781
2,078
2,152
4,190
4,160
80.4
80.2
2, 458
3
12
2, 430
9,141
8. 856
12, 339
7,186
4
12
2 525
9,' 335
8, 853
12, 449
7,257
2,585
6
17
2, 526
9,135
8, 550
12,448
7, 261
6, 639
1,398
4, 174
80.5
6, 881
1, 594
4, 205
79.7
6, 915
918
4, 223
79.5
15, 493
5, 077
13,638
9,149
1,214
3, 275
8,941
15,126
5,144
12,907
8,396
1,199
3,312
9, 366
15, 388
5,158
12, 774
8,370
1.175
3,229
9, 428
15,274
5, 231
12. 587
8, 287
1,156
3,144
9,571
2 130
.i, 6 T
2, 476
3
6
2, 430
8,914
8 iih?
12, 057
7, 0 u 5
2, 453
3
7
2, 430
9, 04S
8, 810
12,208
7, 068
2,500
3
3
2, 430
9, 121
8, 865
12.525
7,109
6, 357
1 0
4,01')
79. 5
6, 753
2, 175
4, 116
79.9
6,788
2, 236
4, 199
80.3
6, 606
1,984
4,284
80.1
340
15, 464
065
5, 037
796
13,647
274
9,173
257
1,246
265 ! 3,228
721
8,832
15, 571
5,067
13, 742
9,241
1, 238
3, 263
9.189
14, 850
5,015
14. 084
9, 456
1, 272
3. 35?
8, 294
373
130
41
115
24
103
!
60
|
129
! 34, 526
; 16,907
j 17, 620
2,4977 j
15, 501
5,167
13, 597
9,067
1,208
3, 322
9,121
1,447
1,226
714
1.109
98
1, 534
1,145 |
62
j
1,127 I
1,163 I 1,194
1,144 i
58
1, 145 I
65 i
1,139 I
112
1, 153
4,18
1. 00
1
1.50
4.00
2. 00
IH
2.44
2.42
2. 40
3. 5.1
3 61
3. 47
3. 45
3. 50
4. 39
1. 00
4. 35
1. 00
4. 25
1.00
%
1.50
4.00
2. 00
4.29
1. 00
4.23
1.00
n
1H
5, 275
' 5, 217
1.2fi.S
121
1, 232
203
670
24
42
334
4
33
10
3
13
6
5
3
40
2
13
404
66
773
43
36
J43
11
35
11
3
5
8
7
13
2
27
1
20
479 |
72
1,289
1, 204
1, 263
1,305
1,297
1, 333
1, 156
66
1, 151
60
1,149
86
1,157
81
1,156
84
720
1,161
123
' 1,481
2.43
2.50
2.41
2.50
3. 46
3.36
3.43
3. 34
3.36
3. 45
4.14
1.00
%
1.50
4.00
2. 00
4.16
1.00
4.15
1.00
4.15
1.00
1.50
4.00
2.00
1.50
4.00
2.00
IK
m
1.50
4.00
2.00
4.21
1.00
1
1.50
4. 00
2.00
IK
4.17
1.00
1
1.50
4.00
2.00
IK
5,250
5, 245
1,269
122
1,268
121
820
51
72
126
4
40
8
1
6
5
8
10
786
28
62
135
834
27
50
41
15
1
10
6
4
8
37
16
5
6
5
5
14
7
1
16
481
90
1
15
470
91
°3
13
518
86
Ho
2. 44
1. 50
4.00
2. 00
1, 181
1,143 1, 152
63
53
H
3.32
1, 152
••570
' 3, 700
483
3, 765
407
2.34
159
45
152
23
130
59
120
34, 406
15, 114
19, 292
n
1. 50
4. 00
2. 00
1J4
5,197
1,244
172
639
34
42
131
4
37
6
6
6
m
114
H
1.50
4.00
2.00
4.24
1.00
H
1. 50 j
4.00
2. 00
5, 246
5,244
5, 248
5, 278
1, 260
145
1,266
136
1,270
133
' 1, 272
' 132
692
32
43
141
5
36
15
811
42
45
136
8
34
9
0
8
7
9
10
3
25
1
22
498
90
43
120
7
33
3
6
5
4
8
20
5
16
3
10
438
5, 223
1, 251
162
1, 255
1, 257
158
145
655
37
36
104
6
30
6
1
6
586
39
43
107
611
35
34
105
688
29
46
139
2
43
11
3
4
2
8
11
5
30
328
69 '
n-i
IK
1, 249
166
18
3
13
408
70
U
2.44
5, 201
5,197
33
11
3
8
3
6
7
1
20
•U-QA&
Hi
5,210
7
10
365
67
n
1.50
4.00
2.00
2.43
6
23
9
2
3
3
4
14
0
17
4
14
382
6
14
409
65
IX
10
9
n!
13
398
78
153
3
r
Revised
1 D a t a revised b e g i n n i n g M a r c h 19?6. F o r revioions °oe p . 32 o f t h e J u h 1t)37 i ^ u e
® F o r m of r e p o r t i n g m e n i b e r b a n k l o a r ^ r e \ ised becrinam 1 : »T P i') i". ) I',1 n°v, it^tu-, w h i c h .ire seK-evnHiiat'/ry, 'iro n o t a v a i l a b l e prior t o t h a t d a t e .
discussion of t h e significance of t h e n e w seneb, bt^ ' l i t F e d e i il JLe'-er
^n]U MH tor ~\lh> 193", p . 44 a n d for J u n e I u 3 / , p . 530.
For a more detailed
Monthly statistics through December 1935, together with explanatory notes and references
to the sources of the data, may be found in the
1936 Supplement to the Survey
33
SURVEY OF CURRENT BUSINESS
August 1937
1937
June
1936
June
July
1937
Decem- January
August SeptemOctober November
ber
ber
February-
March
April
May
FINANCE—Continued
FAILURES—Continued
Commercial failures—Continued.
Liabilities:
Grand total
thous. of dol.
Commercial service, total
do...
Construction, total
do...
Manufacturing, total
do...
Chemicals and drugs
do...
Foods
_
do—.
Forest products
do...
Fuels
do...
Iron and steel-.
do...
Leather and products
do._.
Machinery
do.,.
Paper, printing, and publishing-do...
Stone, clay, and glass
do...
Textiles
do...
Transportation equipmentdo...
Miscellaneous
do._.
Retail trade, total
do._.
Wholesale trade, total
do...
8,191
408
499
2,883
4;
452
405
203
155
162
30
133
37
1,146
17
98
3, 292
1,109
9,177
638
1,050
2,541
95
509
394
78
162
244
228
147
7
356
8
313
3, 535
1,413
9,904
1,314
1,873
2,347
51
329
62
84
586
128
129
112
94
373
83
316
3,197
1,173
8,271
502
1,498
1, 852
225
340
209
35
112
33
205
176
12
253
101
151
3, 255
1,164
9,819
557
1,148
3,212
148
487
377
45
190
208
403
258
5
848
27
216
3, 391
1,511
8,266
501
573
3,469
423
1,391
378
43
89
33
65
405
103
211
94
234
2,888
11,532
287
2,781
3,631
27
1,273
254
122
96
28
386
582
221
371
107
164
3,901
932
12,288
478
1,601
3,121
27
774
329
57
48
696
234
144
145
477
69
121
3,135
3,953
8,661
326
1,015
2,502
81
575
188
0
339
139
65
148
27
674
6
260
3,746
1,072
9,771
1,169
1,279
2,711
66
1,017
49
291
28
63
251
272
36
197
311
130
3,571
1,041
10, 922
529
2,138
2,744
109
958
115
150
123
62
340
243
99
319
3
223
3,927
1,584
8,906
440
1,943
2,165
99
859
270
7
73
144
7
86
61
283
65
211
3, 313
1,045
8,364
493
550
2, 465
14
588
313
56
56
146
98
157
131
721
81
104
3, 568
1,288
19, 640
4,220
752
3,468
19,775
4,198
746
3,452
19, 875
4,188
739
3,449
19, 997
4,172
733
3,439
20,119
4,167
726
3,441
20.239
4,158
720
3,438
20,380
4,166
718
3,448
20,516
4,142
708
3,434
20, 609
4,127
703
3,424
20, 718
4,116
696
3,420
20, 813
4,113
691
3,422
20,914
4,116
689
3,427
9, 795
4,293
2, 060
2, 657
786
2,690
9,908
4,352
2,105
2,635
816
2,676
10,015
4,419
2,130
2,643
823
2,667
10,098
4,437
2,183
2,647
831
2,661
10, 227
4, 534
2,230
2,640
823
2,653
10, 346
4.606
2,241
2,645
854
2,647
10, 642
4,789
2,364
2,641
848
2,641
10,709
4,871
2,323
2,652
863
2,632
10,867
4,969
2,340
2,678
880
2,623
11,103
5,075
2,424
2,721
883
2,617
11,263
5,167
2,448
2,760
888
2,614
11,321
5,191
2,464
2,777
889
2,614
1,079
37
805
237
768, 076
42, 095
233,333
492, 648
251,841
27,571
9,700
58,926
155,644
1,045
55
767
223
749, 491
79, 323
220, 672
449, 496
255,954
32, 673
10,047
51, 522
161,712
1,003
29
771
202
668,638
39,540
221, 692
407,406
235, 996
26,182
9,054
58, 685
142,075
952
30
725
198
630,831
35, 601
208, 001
387, 229
225, 486
25, 555
10,109
52,490
137,332
1,067
35
809
223
715, 261
40, 507
232, 465
442, 289
239, 313
27,101
9,046
54,734
148, 432
1,090
29
853
208
709, 051
43,124
236, 846
429,081
240, 380
25, 592
9, 261
57, 440
148,087
1,058
54
111
227
805, 077
80, 570
216,363
508,144
360,242
67,687
11,892
100, 271
180, 392
893
25
670
197
670, 276
42,051
195,405
432,820
262,037
35,512
10,000
57, 286
159, 239
952
28
711
212
711,825
40,247
212,231
459,347
252,162
27, 297
11,186
56,917
156, 762
1,175
51
862
262
917, 780
77,956
258,087
581,737
285,221
31,807
12,925
66, 397
174. 092
1,084
36
807
241
832, 373
57,022
246, 589
528, 762
274, 450
25, 730
10, 840
74, 637
163, 243
1, 066
39
789
238
804, 683
74, 766
239, 733
49C,184
247,640
25, 830
10, 319
54,556
156,935
533
224
58
62
189
99
513
208
57
63
185
452
175
56
57
164
426
168
49
56
153
491
201
52
62
176
478
196
52
60
170
561
221
61
71
208
97
462
201
43
54
164
488
213
45
58
172
604
253
63
71
217
.334
. 169
.086
.997
.051
5.02
.066
.403
.379
.079
.294
.677
.137
.259
.797
.335
. 169
.085
.999
.051
5.02
.066
.403
.379
.079
.293
.681
.137
. 259
.798
. 335
. 169
.085
1. 000
.052
5.03
.066
.402
.379
.079
.294
.679
. 136
.259
.797
.336
1.169
.086
1.000
.052
5.04
.063
».4O1
1.380
1.079
».294
l. 662
.123
l
. 260
.797
.327
.168
.087
1.000
.052
4.90
.047
.402
.370
1.055
.286
.536
.090
.253
.799
,326
.169
.087
1.001
.052
4.89
.046
.402
.369
.053
.286
.540
.088
.252
.800
.327
.169
.087
1.001
.052
4.91
.047
.402
.371
.053
.285
.546
.077
.253
.800
.327
.169
.087
1.000
.052
4.91
.047
.402
.371
.053
1.285
.548
.071
.253
.789
.326
.169
.087
1.000
.052
4.89
.047
.402
.370
.053
3
.285
.547
.067
.252
.789
.326
.168
.087
1.001
.052
4.89
.046
.402
.369
.053
.285
.547
.061
.252
.788
.328
.169
.087
1. 001
. 052
4.92
.045
.402
.371
. 053
.286
.548
.057
.253
.786
.329
. 169
.087
1.001
.052
4.94
.048
.402
. 373
. 053
.288
. 549
.053
.255
.787
10, 983
11,116
11, 220
11,310
11,399
11, 502
11, 686
11,901
-8,000
(2)
120,326
-399
39
151,371
7,217
13
215,825
21,196
4
155,366
112, 326
922,941
155, 332
153,933
982, 304
185, 768
6,391
223,029
981,565
150, 404
6,397
181, 558
970, 250
236, 763
6,426
LIFE INSURANCE
(Association of Life Insurance Presidents)
Assets, admitted, total
mills, of dol.
Mortgage loans, total
do...
Farm
_.
do...
Other
do-_Bonds and stocks held (book value), total
mills, of doL..
Government
do....
Public utility
_.
_.do_-.
Railroad
do.._
Other
do...
Policy loans and premium notes
do...
Insurance written:
Policies and certificates, total number
thousands.
Group
do...
Industrial
do.__
Ordinary
do-_.
Value, total.
thous. of dol.
Group
do...
Industrial
do...
Ordinary
do__.
Premium collections, total
do...
Annuities
do.-.
Group
.do...
Industrial
do
Ordinary
__
do...
1,027
51
735
241
825, 288
87, 861
224,113
513, 314
(Life Insurance Sales Research Bureau)
Insurance written, ordinary, total-mills .of dol.
Eastern district
do._.
Far Western district
_._do_..
Southern district
do...
Western district
--.do...
Lapse rates
1925-26=100.
MONETARY STATISTICS
Foreign exchange rates:
Argentina
dol. per paper peso
Belgium
..dol. per belga.
Brazilc?
dol. per milreis- .
Canada
dol. per Canadian doL.
Chile
_dol. per pesoEngland
_
dol. per £_.
France
dol. per franc..
Germany
dol. per reichsmark..
India
dol. per rupee. .
Italy A
-.-dol. per lira..
Japan
.dol. per yen..
Netherlands
dol. per florin..
Spain §
_.
dol. per peseta
Sweden
dol. per krona
Uruguay
_.dol. per peso..
Gold:
Monetary stocks, U. S
mills, of dol.-
.329
. 169
.087
.999
. 052
4. 94
.044
.401
. 372
. 053
.287
. 550
.052
.254
.791
12,189
10,514
10, 629
10, 674
10,764
Movement, foreign:
Net release from earmark 1__-thous. of dol— -15,865 -24,781
2,293 -11,945 -28,805 -11,253
2,956
-48,330
Exports
do
81
695
77
32
117
42
127
99
11
262,103 277, 851 16, 074 67, 524 171, 866 218, 929 75,962
Imports
do
57,070 121,336
Net gold imports
including gold released
0
from earmark
thous. of dol-- 246,157 252, 993 17, 672 55, 547 143, 019 207, 559 78,791
72,995
56, 303
Production, Rand—
fine
ounces-. 879, 069 944, 165 967,993 964, 517 967, 328 977, 425 944, 783 970,030 980, 268
198,174 157,081 264,140 228,557 237, 630 273, 318 220, 645 196, 248 193,079
Receipts at mint, domestic.—
do
6, 435
Money in circulation, total
mills, of dol..
6,062
6, 203
6,191
6,321
6,258
6,401
6,563
6,400
* Quotations
- . -partly
. - . nominal.
« Less than $1,000.
3 Largely nominal.
§Quotations nominal beginning July 31,1936. No quotation from Sept. 22 to 30, and from Nov. 1 to 13,1936.
AQuotations nominal through Apr. 1,1936.
tOr
increase in earmarked gold (—).
•Or exports (—).
<? Official rate.
c
Discontinued by the reporting source.
34
SURVEY OF CURRENT BUSINESS
Monthly statistics through December 1935, together with explanatory notes and. references
to the source of the data may be found in the
1936 Supplement to the Survey
1936
1937
June
August 1937
June
July
1937
Decem- January
August SeptemOctober November
ber
ber
February
March
April
May
FINANCE—Continued
MONETARY STATISTICS-Contimied
Silver:
Exports
...
thous. of dol__
Imports
do
Price at Now York
___dol. perfineoz._
Production, world
thous. offineoz._
Canada
_
_
do
Mexico
_
-_do
United States
do
Stocks refinery, end of month:
United States.
do
Canada
do.....
244
6,025
.448
197
23, 981
.448
21, 374
1,450
7,157
5,293
138
6,574
.448
20,008
1. 662
6, 457
4, 616
16, 637
.448
21, 504
1,543
7, 850
4, 733
204
8, 363
.448
21, 846
1,726
7,078
5,524
26, 931
.448
21,614
2, 083
5,417
6,391
411
4,451
.454
21,339
1,357
6,400
5, 561
236
2,267
.454
19, 594
1,619
3,748
6,165
612
2,846
.449
23,223
1, 252
8,765
5,409
346
5,589
.451
22,612
1,661
7,509
5,488
468
5,821
.455
), 505
1,346
), 731
5,431
~5~280
1,151
1,101
345
1,535
317
779
545
1,247
510
985
403
1,050
1,023
1,347
1, 512
821
507
766
929
1,303
808
34, 728
34, 941
35,213
' 4, 662
1,422
r 2,988
'251
4,675
1,422
3,002
'250
4,659
1,422
2,987
250
971,663
1,120,513
52, 503
934,555
689,003
784, 813
423, 886
46, 252
300, 380
55, 444
624, 015
392,509
46, 252
281, 058
42, 949
1,539
3, 045
392
361
1,590
3,226
527
332
1,537
2,169
639
329
143
341
3,165
.450
1,467
CORPORATION PROFITS
(Quarterly)
Federal Reserve Bank of New York:
Industrial corporations, total (168 cos.)
mills, of doL.
Autos, parts, and accessories (28cos.).do
Chemicals (13 cos.)
do
Food products and beverages (19 cos.).do
Machinery and machine manufactures
(17 cos.)
mills, of doL.
Metals and mining (12 cos.)
do
Oil (13 cos.)-—
do
Steel (11 cos.)
do
Miscellaneous (55 cos.)
do
Telephones (net op. income) •
do
Other public utilities (net income) (53 cos.)
mills, of dol..
Railways, class I (net income)!
do
Standard Statistics Co., Inc.tt
Combined index, unadjusted (161 cos.)
1926=100..
Industrials (120 cos.)
do
Railroads (26 cos.)__
do
Utilities (15 cos.)
do
Combined index, adjusted (161 cos.)...do
Industrials (120 cos.)
do
Railroads (26 cos.)._
do
Utilities (15 cos.)..
do
*> 117. 5
p 145. 0
*20. 0
* 123. 9
P 112. 4
P 133. 8
P 28. 6
p 126. 2
269.2
123.7
41.4
20.1
217.2
54.7
42.6
24.3
283.5
97.2
50.9
22.4
250.6
69.1
37.0
16.5
10.9
3.0
15.6
25.3
29.2
57.3
10.8
3.5
18.4
28.5
34.4
56.4
11.3
6.3
13.0
39.2
43.2
69.2
14.2
7.2
14.5
51.6
40.5
59.9
47.6
4.2
44.4
66.5
55.2
126.0
53.6
14.1
88.8
108. 6
9.3
106. 5
83.7
97.4
17.9
108.8
80.0
89.9
29.6
103.3
75.6
83.7
7.9
117.2
109. 3
115.1
55.0
154. 5
112.7
127.0
41.8
146.1
*>88.3
p 103.0
'5.5
p 131.1
p 108. 5
P31.8
P 123. 3
PUBLIC FINANCE (FEDERAL)
33,444
33, 380
33, 833 33, 833
33,779
Debt, gross, end of month
mills, of doL. 36, 425
34, 502
34, 407
34, 601
33,794
Obligations fully guaranteed by the U. S.
Government:
Amount outstanding by agencies, total
4,718
4,724
4,669
4,667
mills, of dol._
4, 684
r 4, 662
' 4. 662
' 4, 662
4,667
4 662
1,422
1, 422
1,422
1,422
Federal Farm Mortgage Corporation.do
1,422
1,422
1, 422
1 422
1,422
1,422
3, 050
3,044
2,995
2,993
Home Owners' Loan Corporation... . d o . . . .
3, 012
2, 993
' 2,988
2 988
' 2,988
' 2,988
252
252
252
252
Reconstruction Finance Corporation-do—
250
252
'252
252
252
252
Expenditures, total (incl. emergency)
thous. of doL. 1,386,931 2,406,077 457, 656 657, 703 712, 560 739, 979 591 016 684,821 607, 418 645, 053
Revenues, total
do
966, 905 564>167 322, 726 366, 426 528,129 301,968 259 963 552, 607 320,034 330,310
32,122
31,580
34, 763
35, 554
Customs
-do
41,716
41,342
38,698
40,518
35 452
41, 726
Internal revenue, total
do
827, 4S3 478,229 288, 327 254, 026 467, 642 199, 218 176 526 478,633 207, 483 237, 826
29, 656 284,421
40,118
Income tax
do
556, 946 303, 087
31, 634
28,034 281,178
64,035
45, 246
Taxes from:
1,532
1,568
1,384
1, 670
1,797
1, 875
1 606
Admissions to theaters, etc
do
1,506
1,473
2,195
1,654
2,346
1, 565
1,932
1, 556
Capital stock transfers, etc
do
2,182
3, 367
2, 954
3,743
3,178
283
511
457
185
454
423
Sales of produce (future delivery). do
325
506
309
271
596
496
683
423
395
Sales of radio sets, etc.
do
869
640
906
465
Reconstruction Finance Corporation loans outstanding end of month:
Grand total
thous. of doL. 2,033,375 2,421,604 2,226,026 2,215,165 2,205,564 2,201,209 2,181,322 2,168,160 2,174,006 2,145,957
Section 5 as amended, total
d o . . . . 662, 594 818,426 769, 261 763,294 748,411 739, 643 718, 680 712,982 699, 545 690, 932
Bank and trust companies including receivers
thous. of doL. 163, SCO 258, 287 246, 523 236,860 226, 451 218, 889 208,669 201, 432 191,524 184, 530
3,814
4,026
3,378
3, 653
2, 076
2,902
2,214
2,369
2, 714
2, 483
B uilding and loan associations
do....
4,972
5,115
4, 429
3, 703
4,284
3, 935
4,890
4,015
4,147
4,030
Insurance companies
do
121,177 123,175 124, 864 129,632 129,108 128,368 127,439 131,181 130,345 129, 710
Mortgage loan companies
do
Railroads incl. receivers
do..._ 354, 320 388, 432 350, 841 350; 948 349, 261 353,810 345,190 345,980 345, 502 345, 447
38, 247
37,311
35, 784
17, 518
39, 391
25,790
31, 390
30, 521
27, 876
25,096
All other under section 5
do
Total Emergency Relief Construction Act,
as amended
.thous. of dol__ f>51, 725 628, 682 564, 487 570, 670 577, 607 584.069 587, 863 588, 997 630,045 630,918
219, 903 168, 489 174, 249 180, 045 184,418 189,068 192, 516 193,252 198,339 204,839
Self-liquidating projects
...do
Financing of exports of agricultural sur47
47
47
47
47
47
pluses
thous. of doL.
47
47
47
Financing of agricultural commodities
94, 355
97,147
and livestock
thous. of dol._ 48, 695 163,732
99,195
99, 643 100, 043 136,305 130, 678
Amounts made available for relief and
work relief
thous. of doL. 283, 030 296,414 296, 414 296, 223 295,995 295,759 295,657 295, 655 295,354 295, 354
Total, Bank Conservation Act, as amended
thous. of doL. 613,943 821, 704 722,910 706, 395 702,151 695,987 691,987 684,046 663.171 640, 363
205,113 152, 792 169, 368 174, 806 177, 395 181, 510 182, 792 182,135 181,245 183, 744
Other loans and authorizations
do
•Number varies.
» Preliminary.
' Revised.
1 Figures shown on p. 54 of the 1936 Supplement are in thousands of dollars instead of in millions as the box head indicates.
fData revised for 1935 and 1936. Revisions not shown on p. 34 of the May 1937 Survey will appear in a subsequent issue.
2,064,942 2,045,756 2, 028, 897
656, 445
668, 585 664, 670
178,316
2,096
3,863
126, 330
340,367
17, 613
173, 093
2, 248
3,844
122, 057
345, 084
18,344
167, 388
2,072
3,820
120,467
344, 823
17, 875
576,983
206, 607
559, 248
213, 067
551, 431
216, 576
47
47
47
81,101
56, 906
51, 726
289, 228
289,228
283, 082
629, 522
189.. 852
624, 077
197, 761
619,840
201,181
35
SURVEY OF CUREENT BUSINESS
August 1937
1936
1937
Monthly statistics through December 1935, together with explanatory notes and references
to the sources of the data may be found in the
1938 Supplement to the Survey
June
June
July
1937
February
March
93
43
13
17
14
6
113
68
19
14
7
5
161
78
35
25
12
11
54
14
10
3
7
698,408 429, 990 491,400 469, 907
85, 622 168, 474 231, 006
167,126
34, 531 134, 719 38, 215 36, 364
39, 548 11.082
52, 249 16, 543
234,635 146, 509 212, 560 164, 468
222, 567 52,057
19, 902 21, 527
288, 076
139, 397
49, 497
9,167
52,198
37, 818
238, 068
114, 789
34, 442
11,180
2,778
74, 879
287,
252,
35,
171,
66,
260, 932
260, 932
0
165, 364
81,139
0
600
600
0
0
52, 580
25, 220
5,825
44, 891
50, 677
Decem- January
October NovemAugust September
ber
ber
April
May
FINANCE—Continued
CAPITAL FLOTATIONS
|
New Security Registrations
New securities effectively registered with the
Securities and Exchange Commission:
104
114
Issues, total
number.81
110
79
67
40
59
Common stock
do
47
43
46
32
19
23
14
Preferred stock
do
10
16
11
16
10
Certificates of participation, etc
do
13
6
10
14
14
Secured bonds
do
9
7
11
15
Debentures and short-term notes
do
6
4
3
Estimated gross proceeds, total
thous. of doL- 369, 065 523, 439 362, 925 286, 022 260, 080 526.330 266,026
Common stock
..do
67, 055 120, 487 84, 066 92, 750 76,140 112, 777 47, 421
Preferred stock
do
35, 728 29,271
55, 643 30, 201
78, 592 77, 317 15,131
Certificates of participation, etc
do
1,300 32,898
4,660 17, 212 29, 245
7,192
16, 983
Secured bonds
do
136, 340 159, 700 170,987 45, 634 127, 918 104, 752 159,036
165,636
22,176
Debentures and short-term notes
do
59, 843 107, 250
9,539 223,913
70, 095
124
53
27
9
21
14
30
10
7
18
4
Securities Issued
(Commercial and Financial Chronicle)
Amount, al) issuesf
-thous. of dol..
Domestic ssues f
-.do
Foreign issues
do
Corporate, total
do
Industrial
_
-do
Investment trusts
.___
do
Land, buildings, etc., total
do
Long term issues
__do
Apartments and hotels
do
Office and commercial
_do
Public utilities
do
Railroads
do
Miscellaneous.
do
Farm loan and Gov't agencies
do
Municipal, States, etcf -...do
Purpose of issue:
New capital, totaLf
_.do
Domestic, totalf
_
do
Corporate
do
Farm loan and Gov't agencies.
do
Municipal, State, etc.j
--do
Foreign
do
Refunding, totalf
do
Corporate
do
Type of securities (all issues):
Bonds and notes, totalf.
do
Corporate
do
Stocks
do
724, 220
724, 220
0
625,912
88,875
1,000
3,249
0
0
0
395, 594
49,236
87,958
2, 660
96, 998
622,486
537,486
85,000
305,973
132, 641
250
881
881
0
0
77, 735
63,336
31,130
26,000
205, 513
522, 360 381, 515
423, 360 381, 515
99, 000
0
354, 363 318, 645
131,313 54, 459
0
0
17, 873
1,606
17, 873
1,606
0
0
0
0
688
635
854
200
798
161, 500
73, 823
27, 257
4,067
58, 804
394
394
000
762
954
0
690
690
0
0
9, 500
78,127
16, 491
656
79, 976
265,850
265, 850
218, 206
0
48,994
0
458,371
407, 707
467, 222 654, 221 305, 580 265, 993 364, 037 393, 683 358. 696 592, 927
325,860 448,444 261,194 201,173 204,625 309,314 241,766 494, 619
92, 428 79,186 33,199 31,265 45, 425 72,088 22, 238 131, 294
248, 526
248, 526
102,456
0
146,070
0
373,960
203, 517
168,188
168,188
129, 842
4,000
34, 346
0
354,173
224, 521
184, 594
184, 594
137, 589
0
47, 004
0
196, 922
181, 055
151,810
151,810
85, 227
0
66, 583
0
135, 584
86, 535
149, 747
149, 747
78,153
28, 500
43, 093
0
111, 185
87, 210
475, 509 382, 004
158, 996 214, 006
146,977 140,357
323, 799
260, 929
57, 716
229, 299
113, 667
58, 095
208, 860
113, 292
52, 072
92, 838 226, 238 42, 706
89,120 28,797 133,475
91, 313
25, 077
• 97, 300
22, 057
r 53, 990
75, 555
775,898 1,170,136 1,245,324
129,969 151, 721 296, 282
923, 787
223, 622
93. 89
96. 79
69. 30
559, 650
559, 650
0
418, 288
188, 647
0
3, 445
3, 445
0
0
155, 324
15, 410
55, 462
30, 000
111,362
733, 407
733, 407
0
527, 630
199,653
0
1,903
0
0
0
185,336
106,795
33,943
94, 429
111,348
338, 779
338, 779
0
294,393
49,050
7,125
1,000
0
0
0
149,804
49,690
37,724
2,080
42, 306
297, 258
297,258
0
232,438
16,001
0
973
0
0
0
43,473
51, 500
120,492
7,800
57, 020
409, 462
409,462
0
250,050
88,142
0
4,500
0
0
0
121,050
24,475
11,983
0
159,402
465, 771
450, 771
15,000
381,402
64, 462
0
6,320
0
0
0
264, 288
9,150
37,182
1,000
83,194
380, 934
357, 434
23. 500
204,004
91, 368
0
100
0
0
0
109,337
16, 379
46, 820
28, 454
64,816
359, 208
359, 208
268, 946
0
90, 261
0
200, 442
149,341
217, 686
217, 686
151,874
1,000
' 84, 812
0
515, 720
375, 756
103,164 218,074
103,164 218,074
69, 809 170, 799
0
0
33, 355 47, 275
0
0
235,614 79,184
224,583
61,639
179,487
179, 487
74,590
0
104,895
0
229,975
175,460
189, 512
174, 512
94, 885
0
79,452
15,000
276, 258
271,517
158,071
158,071
109, 077
0
48,833
0
222, 863
129,927
145,
46,
12,
25,
43,
(Bond Buyer)
State and municipal issues:
Permanent (long term)
Temporary (short term)__
thous. of dol_. 107,359 118,092
do
84, 453 91,889
COMMODITY MARKETS
43, 934
22, 746
67,447
18,201
159,481
51, 748
Volume of trading in grain futures:
Wheat
thous. of bu_. 1,544,605 768,278 1,328,691 1,032,278 662,183
Corn
_do
324, 350 148,124 415,816 395,058 213,787
82,311
75, 544
22, 627
514, 893 518,782 1,164,158 777,857
113,037 230,599 258,319 199,166
SECURITY MARKETS
Bonds
Prices:
Average price of all listed bonds (N. Y. S. E.)
94. 24
dollars _.
94.78
92.98
97. 63
98.19
Domestic
do
95. 84
68. 39
Foreign
_.do
67.87
69. 11
Domestic (Dow-Jones) (40 bonds)
96.11
97. 35
05. 56
percent of par 4% bond..
105. 40 102. 09 103.68
Industrials (10 bonds)
do
98. 86
98. 69
93. 39
Public utilities (10 bonds)—.
-_do
127. 15 126. 58
123.69
Rails, high grade (10 bonds)
do
72.31
74. 45
Rails, second grade (10 bonds)
do....
73. 62
Domestic (Stand. Stat.)
102. 6
102. 4
Corporate (45 bonds)-.,-....dollars-..
101. 1
116.9
117.4
Municipal (15 bonds)
_ do
117.9
U. S. Government (Stand. Stat.):
110.3
108. 3
110. 4
7 bonds
do
Sales (Securities and Exchange Commission):
Total on all exchanges:
Market value
thous. of dol._ 174, 732 283, 772 292, 443
210,859 332, 383 350, 594
Par value
_.do
On New York Stock Exchange:
Market value
thous. of doL. 146, 794 231, 088 238, 071
Par value
_
do_. 178, 416 271, 044 287, 510
Sales on N. Y. S. E., exclusive of stopped sales
(Dow-Jones):
Par value:
Total.
..—thous. of dol.J 989, 437 2,586,314 291, 650
Liberty and Treasury bonds
do
800, 000 2,135,000
0
' Revised.
t Revised series. For 1936 revisions see p. 35 of the March 1937 issue.
95. 39
98.81
68.68
95.79
99.27
68.00
95.92
99.41
68.16
97.01
110. 55
68.63
97. 35
100. 76
69.10
96. 83
100. 05
69.78
96. 64
99. 83
70.02
93.88
96. 86
68.48
93. 33
96. 27
68. 45
99.38
104. 06
100. 88
126.98
77.78
101.19
105.18
101. 55
128. 37
80.74
102. 59
105. 62
102. 22
129.49
83. 21
102. 70
106.78
102.17
130.68
82. 34
103.04
107.41
101. 68
132. 32
82.51
102. 91
107. 50
101.32
131.28
82.75
101.32
105. 54
100. 73
126. 38
82.22
98. 86
103. 79
98.21
122. 70
80.05
95. 81
101.88
95. 17
120. 41
76.20
103. 0
117.8
104.3
118. 8
104.9
119. 5
105.4
122.1
105.4
124.8
106.3
123.5
105.4
119.7
103.3
116.9
101.1
114.8
101. 7
116.3
110.8
111.1
112.3
111.6
111.2
109.1
107. 2
108. 0
329, 488 293.709 317, 484 309, 610 276, 698
420, 739 353, 380 446, 393 428, 010 346, 260
438, 960
494, 965
321, 274
363, 730
206,518
238, 348
179, 534 240,020 274, 094 246. 072 261, 214 255, 434 234,188
225, 927 322, 466 353, 830 297, 521 379,805 365, 679 300, 608
389,143
442, 002
279, 814
318, 934
176, 477
204, 294
224,923 1,087,961 396,197
0 914,000
0
672, 927
502, 000
104,185
0
91, 775
0
221,368 287,861
275, 306 378,520
197,835
0
531,209
0
245, 354 225, 293
0
0
96.
104.
95.
122.
75.
60
60
90
29
49
36
SURVEY OF CURRENT BUSINESS
Monthly statistics through December 1935, together with explanatory notes and references
to the sources of the data may be found in
the 1936 Supplement to the Survey
1937
1936
1937
June
August 1937
Juno
July
August
Septem- October Novem- Decem- January
ber
ber
ber
Febru- March
ary
April
May
FIN AN CE—Continued
SECURITY MARKETS-Continued
Bonds—Continued
Value, issues listed on N. Y. S. E.:
Par, all issues
mills, of doL.
Domestic issues.
do
Foreign issues
do
Market value, all issues
do
Domestic issues
_
do
Foreign issues
do
fields:
Standard statistics:
Corporate issues (45 bonds)
percent,.
Industrials (15 bonds)
do
Public utilities (15 bonds)
do
Railroads (15 bonds)
do
Municipals (15 bonds)
do
Bond Buyer domestic municipals (20 bonds)
percent..
U. S. Treasury bonds.-.,
_
do
47, 321
42, 208
5, 054
44, 001
40,509
3, 492
44,164
39,128
5,036
41,619
38,201
3,418
43,981
38. 947
5, 034
41,685
38,242
3, 443
44, 279
39, 241
5,038
42, 236
38,776
3,460
45,211
40,178
5, 033
43, 305
39,883
3,422
45, 018
39,988
5,031
43.180
39,751
3, 429
45, 026
40, 038
4,988
43, 680
40, 257
3,423
46, 280
41,301
4,979
45, 054
41,613
3,441
46,592
41, 630
4, 961
45,113
41,651
3,462
46,572
41,593
4,979
45, 007
41,521
3,486
46, 994
42,045
4,949
44,116
40, 726
3,389
47,058
42, 095
4, 963
43,920
40,525
3,395
47,045
42, 086
4,959
44,171
40, 734
3,436
4.43
4. 5.1
4.28
4. 51
2.67
4.34
4.44
4.03
4.56
2.72
4.35
4.45
4.02
4.58
2.70
4.32
4.42
4.02
4.52
2.68
4.24
4.40
4.00
4.33
2.62
4.21
4.40
4.01
4.24
2. 58
4.18
4.33
4.00
4.22
2.45
4.18
4.30
4.00
4.24
2.31
4,13
4.29
4.02
4.09
2.38
4.19
4.36
4.09
4.13
2.57
4.30
4.48
4.17
4.25
2.72
4.44
4.61
4.23
4.46
2. 84
4.40
4. 52
4.23
4.44
2.76
3.06
2. 64
2.50
2. 95
2, 50
2.91
2.43
2.86
2.41
2. 85
9
42
2.00
2.29
2. 62
2.27
2.74
2.29
2.90
2.31
3.15
2.50
3. 09
2. 74
3.04
2.67
342, 749
312,101
30, 648
263, 830
237, 655
26,175
236,196
215, 003
21,193
331,918
317. 088
14, 830
231, 730
226,642
5, 088
233,697
226, 269
7, 428
880,262
814, 406
65, 856
437, 541
407, 957
29, 584
233, 330
212, 837
20, 493
358,909
332, 406
26, 503
249,402
244, 0&9
5,313
222, 278
216,137
6,141
521, 083
495, 601
26,482
1, 933. 7 1, 397. 4
923.50
923. 92
1, 457. 2
923. 94
1,517.4
923. 94
1,539.6
923. 99
1, 568. 2 1, 825. 6
923.99
923. 99
1,876.2
923. 50
1, 884. 0 1,886.9
923. 50
923. 50
1, 885. 7 1, 892. 2
923. 50
923. 50
1,926.8
923.50
Cash Dividend Payments and Rates
Dividend payments (N .Y. Times):
Total
thous. of dol..
Industrials and misc
do
Railroads
do
Dividend payments and rates (Moody's):
Annual payments at current rates (600 companies)
mills, of dol..
Number of shares, adjusted
millions..
Dividend rate per share (weighted average)
(600 cos.)
dollars..
Banks (21)
do
Industrials (492 cos.)
do
Insurance (21 cos.)
do
Public utilities (30 cos.)
do
Railroads (36 cos.)
do
2.09
3. 07
2.08
2. 37
2.10
1.77
1.51
3.00
1.41
2.03
1.86
1.21
1. 58
3.00
1.48
2.09
1. 95
1.21
1.64
3.00
1. 56
2. 09
1.96
1.21
1.67
3.04
1.58
2. 13
1.99
1.21
1.70
3. 04
1.62
2.14
2.01
1.21
1.98
3.04
1.96
2.14
2.04
1. 55
2.03
3.07
2.01
2. 21
2.09
1.77
2.04
3.07
2.02
2.25
2.09
1.77
2.04
3.07
2.02
2.25
2.09
1.77
2.04
3.07
2.02
2.25
2.08
1.77
2.05
3.07
2.03
2.42
2.07
1.77
2.09
3.07
2.08
2.42
2.08
1.77
170.1
26.7
54. 3
125. 13
208. 46
41.81
155. 2
32.3
47.0
124.28
211.69
36.88
162.3
34. 6
51. 5
130. 74
221.15
40.33
165. 9
34.7
54.0
131. 55
220. 56
42. 55
167.8
34.5
55. 8
133.48
222. 54
44.42
175. 0
35.1
58.7
138.39
230. 40
46.38
182.1
34.9
56. 7
141.46
238. 88
44.04
ISO. 1
34.9
53. 9
136. 46
231.11
41.81
183.5
36. 4
55.1
139. 48
235. 41
43.56
188. 0
35. 0
57.4
138.67
231. 77
45.58
188.4
33.1
61.7
137.19
225. 73
48. 70
179.3
30.7
59.5
130. 89
215. 23
46.56
173.1
28. 3
58.4
129. 41
212. 92
45.90
113.6
134. 0
91.3
53. 9
73. 2
88.7
105.6
120. 6
102.0
47.7
65. 0
95.2
109. 2
124. 3
105. 8
50.7
72.1
96. 1
113.0
128.4
108.8
53.9
76.5
96. 5
114.1
130. 2
107. 7
55. 4
75.1
94.1
118.7
136. 0
109.1
58.4
75.3
93.8
124.2
144.3
108.9
57.9
70.4
96.1
122.8
142. 6
110.6
54. 4
70.6
98. 3
126. 0
146. 3
113.2
55.6
78.9
98.7
129.5
151.7
110.7
57.9
90.6
98.4
129.9
152. 6
105. 7
62.8
88.0
97.1
124.5
146.5
100.7
60.1
81.4
91.7
116.3
136.7
94.1
57. 1
76.8
88.8
Stocks
Prices:
Dow-Jones:
Industrials (30 stocks)
dol. per share..
Public utilities (20 stocks)
do
Railronrts (20 stocks)
do
New York Times (50 stocks)
do
Industrials (25 stocks).
do
Railroads (25 stocks)..
do
Standard Statistics:
Combined index (419 stocks) __ .1926= 100 _.
Industrials (347 stocks)
do
Public utilities (40 stocks)
...do..,.
Railroads (32 stocks)
do
Banks N. Y. (19 stocks)
do
Fire insurance (18 stocks)
do
Sales:
Market value of shares sold (S. E. 0.):
On all registered exchanges, total
thous. of dol-.
On New York Stock Exchange
do
Number of shares sold:
On all registered exchanges, total (S. E. C.)
thous. of shares. .
On N. Y. S. E., total (S. E. C.)
do
Exclusive of odd lot and stopped sales
(N. Y. Times)
thous. of shares..
Shares listed, N. Y. S. E.:
Market value all listed shares,.mills, of dol..
Number of shares listed
millions
fields (Moody's):
Common stocks (200)*.
percent..
Industrials (125 stocks)*
_.. d o . . .
Rails (25 stocks)*
do....
Utilities (25 stocks) *
do
Banks (15 stocks)*
do....
Insurance (10 stocks)*
....do
Preferred stocks, Standard Statistics:
Industrials, high grade (20)
do
993,772 1,164,147 1,765,391 1,435,776 11,594,411 2,241,462 2,530,464 2,358,956 -',663,064 2,701,226 2,977,570 2,052,318 1,267,543
869, 953 ,002,190 1,526,176 1,248,924 ,387,439 1,918,171 2,188.579 2,025,678 2,246,887 2,332,408 2,628,767 1,803,427 1,113,925
5.03
57, 324
1,389
4.0
4.0
3. 5
4.6
3.4
3.0
3.9
3.8
35
4.6
3. 1
3.8
3.8
3.3
4.7
2.8
3.1
3.9
3.8
3.1
5.0
2.8
3.2
4. 2
4. 2
3. 3
5.3
3.2
3.9
4.3
4.3
3.5
5.4
3.2
3.9
5.07
5.15
3.9
3.9
3.0
4.4
3.4
2.8
5.02
5. 03
5.06
30, 872
5. IS
18, 565
57, 963
1, 387
3.4
3.3
2.2
4.4
3.4
3.0
26, 564
14
3. 3
2. 9
34,613
62, 468
1,380
3.5
3.5
2.4
4.6
3.3
3.1
34, 787
3.5
3. 8
50, 344
62, 618
1,374
3.5
3.4
2.4
4.4
3.2
3.0
21,428
3.4
50, 255
61,912
1, 367
58,507
1,349
16, 413
3.4
3.3
2.8
4.5
3.6
3.0
58, 676
59, 878
], 360
55,105
1,318
79, 992
60, 019
4.5
4.5
3.9
48,605
50,470
59, 627
44, 535
54, 067
1,341
72,140
52, 533
60, 020
1, 356
50, 937
37, 109
50.912
1,340
117,436
83, 720
43,998
64,728
48, 272
54, 882
1, 400
107,061
72,004
99,756
71, 123
43, 937
31,897
54, 532
J.344
4.99
•i i
4.94
Stockholders (Common Stock)
American Tel. & Tel. Co., total
numberForeign
do...
Pennsylvania Railroad Co., total.
_do___
Foreign
clo .
U. S. Steel Corporation, total
do....
Foreign
do...
Shares held by brokers
percent of total.
638, 627
7,194
215, 498
2, 954
161,487
3, 205
25. 33
649,876
7, 804
223,844
3, 087
177, 758
3, 941
22, 72
645, 457
7, 54C
221 327
^3.' 076
173. 633
3, 866
23. 51
641,168
7, 382
218,720
3. 055
170,448
3,781
13. 92
639, 227
265
217, 016
3,020
164,271
3,130
24.81
•New series. For data for period June 1929-July 1938, and a description of the series on yields of 200 common stocks, see p. 18 of the Sept. 1936 issue.
43, 992
31,336
117,097
81,687
94, 299
68, 306
38, 099
27, 554
37
SURVEY OF CURRENT BUSINESS
August 1937
Monthly statistics through December 1935, together with explanatory notes and references
to the sources of the data may be found in the
1936 Supplement to the Survey
193G
1937
June
June
July
1937
Decem- January
August SeptemOctober November
ber
ber
February
March
April
May
FOREIGN TRADE
INDEXES
Exports:
Total value, unadjusted..
1923-25= 100_.
Total value, adjusted
do
U. S. merchandise, unadjusted:
Quantity
do
Value
do
Unit value
do
Imports:
Total value, unadjusted
do
Total value, adjusted
do
Imports for consumption, unadjusted:
Quantity
1923-25=100Value
do
Unit value
do
Exports of agricultural products, quantity:
Total:
Unadjusted
.1910-14= 100..
Adjusted
do
Total, excluding cotton:
Unadjusted
_
do
Adjusted
_
do
47
54
47
51
58
70
57
59
52
58
57
61
67
68
67
71
75
76
81
72
47
66
71
47
66
86
58
68
104
70
68
89
60
67
85
59
69
88
62
70
95
68
71
100
71
72
107
77
72
59
62
60
65
60
62
67
70
66
64
61
61
74
74
86
87
95
86
89
82
88
86
114
61
53
115
62
54
117
63
54
124
68
55
123
67
54
114
63
55
125
71
57
140
81
58
155
93
60
145
88
61
141
87
62
64
57
58
62
56
57
47
55
44
53
40
39
38
42
36
36
34
36
37
39
229, 739 221, 550
232, 504
256, 390
269,170
' 289,928
10, 094
49, 281
22, 364
88, 677
13, 492
7,056
6, 633
35, 282
31, 687
31, 297
22, 047
6, 965
19, 763
5,312
4,162
1,668
10, 604
49,816
24,745
95, 474
13,101
8,882
6,071
38, 847
31,926
31,643
24, 591
7,877
20, 093
5,928
3,979
1,554
10, 049
61, 579
29, 971
97, 060
12, 440
9, 292
6, 979
34, 036
38, 266
37, 631
26, 594
9,401
22, 842
5,839
5,319
1,538
13,547
57, 794
26,928
99, 362
12.233
12, 308
7,487
29,840
46,013
45,146
28, 234
10, 616
24, 221
6, 656
4, 770
2,002
13, 467
68, 907
36,177
101, 905
12,466
7,097
6,325
35, 501
52, 008
51,144
27,182
8, 879
26, 458
7,785
5, 927
1,839
176, 397 175,556 217, 535 261, 9fi3 223, 321 226, 605 217, 949
30,379
38, 127 72,819 100, 418 82,173
67, 383 60,587
10, 788 12, 360 38, 221 58,402 46,969
40, 220 37,461
15, 036 19,675
23, 349 24,923
13,112 13,062
13,697
3,774
7, 490
5, 725
5, 697
3,644
3,598
4,369
9,468
11, 262 13, 950 17, 652 17, 433
9,464
9,328
8, 719 10, 438 11,831
4,952
4.579
3, 776
4,263
3,135
4, 088
3,409
2,980
3, 325
3,013
3, 560
2,541
1, 656
1, 335
1,931
2,424
1,429
1,894
33, 282 32, 287 31,860
36, 668 32,826
34, 901 34,156
97, 701 85, 467 89, 508 99,953
94,626 111, 208 110,144
16, 915 12, 359 12, 451
15, 766 21,218
28,769 27, 586
4, 534
4, 983
3,993
5,882
5, 036
5, 495
5,307
25, 178 27, 307 31,760
29.311
26, 408 30, 788 31, 532
194,114 192, 375 215, 645 212, 464 196, 491 244, 321 240, 396
229, 050
54,410
34, 066
22, 524
3,522
19, 002
9, 903
2,624
1,815
37,937
114,179
25,974
5,062
31,475
277, 805
252, 268
52,152
34, 272
17, 475
4,100
13, 375
5,510
3,151
1, 927
53, 005
129, 635
28, 819
5,349
36, 985
306, 699
264, 852
50,393
28, 572
16, 496
4,143
12, 353
4,959
3,320
2, 212
56,058
141,905
30, 791
5,372
43, 547
287, 252
285, 087
51, 996
24, 643
16,342
3, 584
12, 758
3,727
3,997
2,618
71, 752
144,997
33,169
6,768
42, 252
285,038
7,573
76,843
17, 683
67, 213
5, 859
7,717
4, 291
18, 453
33, 975
33,089
22, 361
5,088
32, 431
8, 467
11,534
2,898
9,350
92,112
18,382
73, 209
6,800
6, 394
4,162
19,056
30,811
30,568
27, 787
5,509
44,536
16.199
10. 999
5,119
11, 389
95, 863
17, 660
80, 522
7, 559
7,978
3, 878
20, 606
37, 625
37, 096
35,125
6,981
46,175
18,166
10, 545
5,110
12, 553
92,188
20, 423
73, 880
6, 596
7, 513
4,329
17, 353
35, 327
35,198
34,909
7,039
38,395
11, 408
10,004
7,512
9, 228
100, 503
18, 244
72,386
6, 249
7,714
4,375
18, 002
36, 889
36,479
29, 284
5,150
36, 748
13, 732
8,181
5,469
200, 391 239.835 228, 682
61, 226 75, 383 77,045
30, 582 40, 221 38, 727
27, 705 33, 036 29, 648
40, 638 48, 967 46, 533
40, 241 42, 228 36, 729
260, 320
90,930
41, 399
34, 929
52,187
40,875
295, 928
91, 616
45, 251
52,162
57, 853
49, 046
281, 717
88, 681
39, 541
51,410
54, 535
47, 550
278, 777
91,800
37,362
47,090
55,847
46,679
135
75
56
27
63
VALUE
Exports, incl. reexports
thous. of dolBy grand divisions and countries:
Africa
_
do
Asia ond Oceania
__..
-.do
Japan
.—do
Europe
_
do
France
-do
Germany
_
do
Italy
.do
United Kingdom._
do
North America, northern
do
Canada
do
North America, southern.do
Mexico
do
South America
do
Argentina
...do
Brazil
_
do
Chile
..do
By economic classes (U. S. mdse. only):
Total
thous. of dol
Crude materials
do
Cotton, unmanufactured
do
Foodstuffs, total
do
Foodstuffs, crude
-.do
Foodstuffs, mfgd
do
Fruits and preparations
_do
Meats and fats
do
Wheat and
flour
do
Manufactures, semi...
do
Manufactures, finished
do
Autos and parts
do
Gasoline
do
Machinery
do
General imports, total
do
By grand divisions and countries:
Africa
do
Asia and Oceania
_—do
Japan
..._
do
Europe
do
France
do
Germany
do
Italy
do
United Kingdom
do
North America, northern.
do
Canada
do
North America, southern
do
Mexico
do
South America.
do
Argentina
do
Brazil
_ _ _ _ _ . — do...
Chile
do..By economic classes (imports for consumption):
Total
thous. of dol._
Crude materials
do
Foodstuffs, crude.
_
..do....
Foodstuffs, manufactured
do
Manufactures, semi...
do
Manufactures, finished
do
2G5,
3G3
25G, 503
42,004
10.835
15,970
4,425
11,545
4, 225
3,2(39
2, 645
63,321
135, 208
29,721
6,529
40, 814
285, 946
184,908
179, 828
8, 628
38,766
13. 627
69, 400
8, 893
6, 541
4, 299
27,066
35, 498
34,875
16, 789
5,800
15, 828
4, 662
3, 757
982
10, 562
35, 725
11,975
64,462
6, 448
7, 041
180, 601
39, 310
19, 707
14, 509
4, 402
10,107
4, 144
3, 982
1,281
34, 107
92, 674
19, 135
4,366
25, 962
190,387
2,425
60, 236
11,088
53,543
4,163
5, SOI;
2,904
14,540
29,917
29, 409
24,214
4, 052
20, 052
3, 060
6, 950
1,508
278, 742
92, 547
41,618
38,462
58,871
47,244
193, 622
54, 612
22,893
36.065
43, 056
36,996
2, 873
27, 381
32,016
31, 296
17,819
6, 830
19, 243
5, 957
3, 560
1,540
2,803
66, 099
12, 187
55,049
4, 657
7, 570
2, 861
14,305
30, 990
30,594
19, 149
4,044
20, 024
3, 597
7,241
1,433
178,314
8,828
33,570
10, 764
69, 978
8, 4S4
5, 840
2, 285
33, 223
32, 251
31,516
18, 528
6, 348
15, 159
4, 124
3, 557
1,071
3,164
60, 845
16,948
57, 089
5,759
6, 023
2, 480
15,444
36, 620
30, 161
12, 515
3, 258
22, 141
4, 173
7, 682
1, 667
264, 740
225, 766
9, 451 10,919
43,654
51,065
21, 328 26, 663
98, 937 122,697
14.929
17,102
10, 213 10,905
5, 699
2,868
47, 498 59,511
39,ISO
32.142
31, 498 38, 442
19, 370 21,456
6,670
6, 381
16, 596 19, 423
5, 296
4,G46
5,032
3, 51.6
1, 272
1,051
8, 208
44, 200
24,100
98,236
11,410
9,550
5,401
43,839
36, 539
35,905
19,771
6,799
18,812
5,320
4,867
1,288
220,149
3, 585
67, 733
16,017
66,291
5,905
7,212
3,171
17, 524
36,015
34,998
17,103
3, 055
24,918
6,546
9, 455
1,476
3,581
61,189
15, 930
70, 722
6, 807
8, 767
4,756
18,548
39,068
38,532
13,166
3,691
24,739
7,585
8,758
1,601
196. 516 200,090 218, 370
56, 022 61,663
69, 437
24, 529 28, 627 31,063
34, 726 27, 630 33,149
42, 660 40, 814 40,817
38, 579 41,356
43, 904
213, 209
62, 758
33,802
27, 512
40, 536
48, 601
3,800
53, 698
15, 340
64,695
6,165
6,567
4,416
16, 625
38,775
38, 331
12,377
3,435
23,146
7,583
8,466
980
12, 651
41,180
16,433
99,863
15,808
8,995
5, 907
40,623
33,137
32, 556
22, 616
7,723
20, 291
6,317
4,237
1,579
6,284
66,805
16, 427
80,890
7,137
7,616
4,812
26, 443
39, 550
39,010
17, 607
4,640
33,184
8,181
11, 462
2,520
TRANSPORTATION AND COMMUNICATIONS
TRANSPORTATION
Express Operations
Operating revenue
Operating income
_
thous. of dol.
do__.
8, 435
123
8,323
119
8,371
120
115
8, 975
120
8,930
124
10, 021
125
8,752
130
8,749
129
9,344
135
9,177
130
8.025
737, 523
54, 701
8.025
814, 254
59, 900
8.025
777,157
57,047
8.025
847, 775
62, 446
8.025
803, 620
57,834
7.991
757,518
55, 042
7.991
859, 898
62, 529
7.991
819, 952
59,459
Electric Street Railways
Fares, average, cash rate f.
___cents..
7. 984
8.042
8.042
8.025
Passengers carried
t h o u s a n d s - 772, 604 758, 943 720, 396 704, 446
52, 612
Operating revenues..w
thous. of dol—
55, 553
53,553
fData
revised for period July 1935-March 1937. See p. 37 of the June 1937 issue.
r
Revised.
7.991
815,109
59, 684
38
SUEVEY OF CURRENT BUSINESS
Monthly statistics through December 1935, together with explanatory notes and references
to the sources of the data may be found in the
1936 Supplement to the Survey
1937
June
August 1937
1936
June
July
1937
Decem- January
October NovemAugust September
ber
ber
February
March
April
May
TRANSPORTATION AND COMMUNICATIONS—Continued
TRANSPORTATION-Continued
Steam Railways
Freigbt-carloadings (Federal Reserve):!
Combined index, unadjusted..1923-25= 100..
Coal
do
Coke
do
Forest products
do
72
Grain and products
do
33
Livestock
do
68
Merchandise, 1. c. 1
do....
192
Ore__
_
do
90
Miscellaneous
_do
78
Combined index, adjusted
do
76
Coal
do
89
Coke
do
52
Forest products
do
74
Grain and products
do
41
Livestock
do
67
Merchandise, 1. c. 1.
do
Ore
do
113
Miscellaneous
do
Freight-carloadings (A. A. R.):
2,977
Total cars 1
thousands..
443
Coal
...do
39
Coke
do
15G
Forest products
do
123
Grain and products
-do
44
Livestock
do
653
Merchandise, 1. c. 1
do
293
Ore
-do
1, 22f
Miscellaneous
do
137
Freight-car surplus, total
_
do
70
Box cars..
do
31
Coal cars
do
Financial operations (Class I Railways):
Operating revenues, total
thous. of dol... 351, 704
281,878
Freight....
do
38,510
Passenger
_
do
265, 579
Operating expenses
do
Net railway operating income
d o — 58, 940
Net income
do
Operating results:
Freight carried l-mjle_
.mils, of tons..
Revenue per ton-mile
cents—
Passengers carried 1 mile
millions—
Canals:
Waterway Traffic
301
Gape Cod—
thous. of short tons..
792
New York State
..
...do....
2, 670
Panama, total.
thous. of long tons..
1,018
In U. S. vessels..do
l,3iO
St. Lawrence
..thous. of short tons..
Sault Ste. Marie
do.... 14,161
Suez
thous. of metric tons..
1, 660
Welland
...thous. of short tons..
Rivers:
288
Allegheny
_
»_.___do—
155
Mississippi (Government barges)
do....
2,19b
Monongahela
do—
i, 089
Ohio (Pittsburgh district)
do.._.
Clearances, vessels in foreign trade:
7,041
Total
thous. of net tons.
5,107
Foreign
do—
1,934
United States
___do—
Travel
Operations on scheduled airlines:
Express carried
pounds. 650, 709
5,811
Miles
flown
.thous. of miles.
47, 290
Passenger-miles
flown
do-_.
Passengers carried
number. 110,842
Hotels:
3.15
Average sale per occupied room
dollars.
65
Rooms occupied
percent of total100
Restaurant sales index
1929=100.
Foreign travel:
Arrivals, U. S. citizens
number.
Departures, U. S. citizens
do__.
Emigrants
__„_
do...
Immigrants
do—
Passports issued
do...
31, 491
National Parks:|
Visitors
do...
Automobiles
do...
Pullman Co.:
Revenue passengers carried
thousands.
Revenues, total..
thous. of dol.
COMMUNICATIONS
Telephones: §
Operating revenues
.thous. of dol.
Station revenues
do...
Tolls, message
do
Operating expenses
_.do.__
Net operating income
do...
Phones in service end of mo
thousands.
Telegraphs and cables:
Operating revenues
thous. of dol.
Commercial telegraph tolls
do._.
Operating expenses
do—
Operating income
do.-.
73
61
69
48
77
35
66
130
83
73
72
75
45
79
43
65
76
80
77
65
73
47
117
41
66
139
84
2,787
426
33
139
140
47
649
202
1,151
170
90
44
77
68
71
50
89
46
67
141
85
76
78
86
48
74
46
67
76
83
84
80
83
50
71
57
70
151
95
75
77
87
46
63
44
67
86
85
86
90
87
49
69
65
69
134
97
77
82
87
47
69
46
66
90
86
73
59
69
73
92
82
85
96
50
78
49
67
133
90
2,826
434
35
131
212
52
628
209
1,125
147
77
37
3,701
605
43
181
217
77
828
274
1,476
146
81
30
3,061
531
39
139
127
4,096
791
53
178
161
109
856
264
1, 683
112
65
17
3, 013
625
45
136
131
77
651
113
1, 236
121
63
23
330, 621 349,744
268, 479 283,944
34, 830 39,187
241,765 248,366
50,259
61,774
8,902 19,283
350, 585
283, 602
39,321
246,299
64,681
20,857
357,207
291,772
36,356
248,553
70,166
26, 406
663
226
1,264
125
71
23
77
92
97
46
71
45
66
23
84
83
82
88
54
83
46
69
92
92
73
89
97
42
65
42
64
26
78
80
78
83
48
73
43
67
117
90
76
91
102
49
64
34
66
27
82
82
77
76
51
70
41
68
114
95
80
92
96
52
62
34
69
29
90
83
87
92
51
68
42
69
114
94
79
68
86
51
63
39
70
102
94
84
81
102
49
70
43
69
249
91
80
66
85
55
58
39
69
187
93
2,776
625
45
132
130
59
632
33
1,119
133
65
30
3,317
759
53
149
148
68
764
49
1,322
131
64
26
2,778
628
48
140
117
45
640
42
1,117
113
54
3,003
670
47
151
115
46
682
44
1,249
113
58
17
2, 955
473
42
148
120
50
690
121
1, 310
134
63
32
3,898
593
52
198
136
68
856
383
1,632
147
80
30
391,457 358,548 372, 265
326,056 298, 220 299,231
32, 083 39, 262
33,914
261,212 248,285 257, 424
70, 520
89, 851 72,411
30,083
46,234
49, 678
331,685
268, 651
37, 441
253, 664
38,437
d
4, 598
321,927
264.167
33i 016
244,146
38, 359
377, 813
313, 881
34, 952
266, 272
69,379
24,461
351, 573
288, 631
33, 733
262,019
47, 807
2, 667
352, 614
287, 919
34,042
267, 296
43,063
53
64
44
69
133
90
28, 760
1.023
1,941
31.144
1.002
2, 261
32, 076
.971
2,308
33, 049
.964
2,064
37,148
. 855
1,913
33, 865
.957
1, 798
33, 980
.963
2,164
33,130
. 898
2,030
32, 212
.908
1,797
36,651
.938
1,921
32, 266
.979
1, 856
31,093
228
616
2,460
989
1,207
9,835
1,981
1,444
258
738
2, 450
976
997
10,951
2,150
1,322
232
605
2,396
1,058
1,060
10,699
2, 554
1,366
821
2, 526
1,054
1,130
11,041
2,172
1,407
281
717
722
2,463 i 1,747
485
962 i
999
1,386
7, 094
10, 789
2,302
2,172
1,308
1,646
288
0
1, 539
214
22
373
2, 346
232
325
0
1, 856
281
0
0
2,689
0
0
1,840
467
0
0
2, 377
0
317
0
3,016
1,255
0
0
2,795
0
286
305
2, 653
1,005
391
4,620
3,151
667
319
577
2,951
1,077
1 244
"1,623
367
155
2,457
1,319
405
143
2, 564
1,399
404
138
2,623
1,461
378
127
2, 569
1,425
428
129
2, 661
1,452
260
103
2, 601
1,372
129
79
1,896
854
193
89
2, 496
1, 325
236
131
2,689
1,337
148
172
1,998
845
314
'179
2,397
1,237
6,134
4,121
2, 013
8,564
4,418
2,146
6, 886
4,694
2,192
6, 668
4, 606
2,061
5, 973
4, 209
1,764
134
129
2, 4.46
1,355
4,881
3,631
1, 249
4, 351
3, 255
1,096
4,199
3,156
1,043
4, 214
2,997
1, 24S
5,384
3,898
1,486
5,731
4,154
1,577
6,238
4,495
1,744
701,142 613, 837 565, 358 652, 930 799, 266 751, 890 663, 721
6,043
6,046
5, 756
5, 620
5, 639
5,301
5,913
40, 252 44, 364 43,109
43,510
42, 891
37,952
44,411
97,453 111,072 106,143 101, 239 102, 917 96, 019 82, 022
554,030
4,199
21, 379
46, 012
500, 004 580,602
4, 600
5,486
26,108
34, 584
58, 008 74, 972
540,310
5, 350
33, 136
76,199
591,011
5,784
42, 019
98,035
3.05
67
97
14,110
2.98
61
3.10
61
91
3.09
66
91
3.14
69
95
3. 28
65
3.10
60
91
3.12
70
92
3 22
66
90
3.09
68
89
3.24
71
107
30,346
36,361
2.780
3, 571
16, 980
61, 230
57, 067
3,004
3,891
8,198
63,575
48, 693
2, 612
4,606
6,564
33,176
36,246
2,436
5,101
5,659
16, 973
22,983
2,708
3,871
5,865
19, 573
21, 222
2, 653
4,082
6,104
19,686
21, 757
1, 897
2, 958
7,046
33, 370
30, 410
1,422
3,720
15,151
30, 708
25,404
2,085
4, 742
24, 7S4
23,168
24, 501
1,412
5,033
33, 202
311,391 655, 786 622, 721 258,495
77, 712
91, 575 182,958 175,090
77,783
24,926
46, 127
14,102
43,715
13,019
50, 307
14,211
27, 680
30 ; 655
1, 413
3, 224
7, 716
40. 608
11, 530
59, 673
17, 021
73, 079
22, 056
172, 938
51,391
2.97
64
93
21,038
22,732
2,527
3,008
31,305
1, 430
4,705
1, 516
5,019
1,565
5,211
1, 519
4,929
1, 469
4,959
1, 351
4,309
1,497
4,772
1,605
5, 697
1, 385
4, 973
1, 475
5,439
1,419
5, 004
1, 364
4,660
89, 680
57, 673
24,116
59,778
19, 268
15,111
91,129
57, 681
25,406
62,136
18,298
15,549
89, 571
56, 727
24,692
59,960
18, 853
15, 622
90, 668
58,441
24,095
60, 923
19, 277
15, 762
93, 979
60,781
24, 984
61,910
22,142
15,880
92, 393
60, 285
23, 843
61, 363
21, 274
15,961
96,638
62,046
26, 340
63, 891
23,822
16,067
94, 277
61,457
24, 420
61, 453
20,774
16,160
91, 263
60,138
22, 658
60, 301
19,072
16,259
97,049
62, 286
26,156
64,862
20,043
16, 375
96,133
62, 432
25, 259
63,959
20,106
16, 497
96,414
62, 557
25, 296
65, 035
19, 151
16, 604
10,551
8,244
8,513
1,603
10,534
8, 258
8,718
1,399
10,121
7,917
8, 616
1,088
10,321
8,010
8, 608
1,300
10,564
8,134
8, 600
1,438
9. 803
7, 541
8,310
1.070
11, 893
9,326
9,800
1.481
10, 326
8. 049
8,854
878
9, 653
7,419
8, 441
634
11,305
8,817
9,153
1.527
10, 437
7, 994
9,061
795
10,518
8,083
9,335
597
d
' Revised.
Deficit.
^ Data for M a y , August, October 1936, January and M a y 1937 are for 5 weeks; other months, 4 weeks.
§ While the number of telephone carriers reporting has varied somewhat, the coverage has shown very little change, and the series are comparable for all practical purposes,
t Revised series. For freight-carloadings revisions for period 1919-36 see table 24, pp. 16 and 17 of the July 1937 issue. For data on revisions of National Parks for period
FRASER
1919-36 see p . 20 of the December 1936 issue.
Digitized for
39
SURVEY OF CURRENT BUSINESS
August 1937
Monthly statistics through December 1935, together with explanatory notes and references
to the sources of the data, may be found in the
1936 Supplement to the Survey
June
1937
1936
1937
June
July
Decem- January
October NovemAugust September
ber
ber
February
March
April
May
CHEMICALS AND ALLIED PRODUCTS
CHEMICALS
Alcohol, denatured:
6,949
8,233 ' 7 , 3 5 1
6,117
Consumption
__thous. of wine gal..
6, 927
6,101
8,325 r 7,454
Production
_
do
2, 635
2,666
2,707
1,657
Stocks, end of month
do
Alcohol, ethyl:
Production
thous. of proof gal.. 18, 654 «• 14, 728 17, 744 17,998
25,047 27, 475
28, 465 21, 300
Stocks, warehoused, end of mo
do
10, 591 12, 458
15,173 r12, 637
Withdrawn for denaturing
..do
2,529
2, 392
2,119
Withdrawn, tax paid
_do
2,780
Methanol:
19, 496
18, 090 48, 400
Exports, refined_
gallons.. 51,344
.38
.38
.38
.36
Price, refined, wholesale (N. Y.)_dol. per gal..
Production:
Crude (wood distilled)
gallons.. 485,943 413, 930 384, 751 447, 499
2,263,507 1,863,405 1,950,825 2,309,377
Synthetic
_
do
30, 484 32, 567
31, 471
Explosives, shipments
thous. of lb__ 29,427
Sulphur production (quarterly):
72, 022
Louisiana
.-long tons..
384,671
Texas
_
.__
do
Sulphuric acid (fertilizer manufactures):
Consumed in production of fertilizer
99, 325 114, 521
95,168
short tons..
Price, wholesale, 66°, at works
15.50
15.50
15.50
dol. per short ton..
16.00
122, 681 121,166 141, 501
Production
short tons..
Purchases:
29, 712 30, 065
15, 437
From fertilizer manufacturers
do
26, 922
23, 383
21,111
From others
_
_
do
Shipments:
22,106
18,129
31, 221
To fertilizer manufacturers.,
do
53, 351 45, 962
To others
_
..do
49, 744
8,478
8,604
2,756
16,103
15,034
1,682
12, 946
12, 584
1,311
11,243
11,079
1,131
6,715
6,810
1,509
16, 893
26. 363
15'. 298
2, 359
22,086
18,842
26, 258
2 952
20,170
13, 360
22,161
3,215
19, 943
9,702
19, 456
3,315
18, 707
14,035
11, 553
2,272
34,976
'.38
66,689
.38
30, 888 146, 621
.38
.38
5,410
5,477
1,273
17, 572
19,821
9,334
2,094
6,534
6, 542
1,275
6,716
7,105
1,659
7,511
7, 442
1,578
19, 883
25, 218
11,253
2,926
16, 823
26, 651
12, 300
2,740
16, 938
27, 428
13,013
2,684
48, 891 205,156
.36
.37
30,149
.36
148,197
72, 540
.36
429, 500 511,541 520, 722 548,982 525,070 500,685 546, 662 531, 727 522,961
2,695,591 3,278,052 3,417,755 2,009,952 1,835,815 1,849,302 2,071,747 2,138,895 2, 353,497
34,151
27,894
31,972
36, 472 37,453
35,055
28, 272 42, 838 41, 870
73. 005
436, 338
62,700
513,286
53, 915
475, 924
163,265
175, 123 180,560
164, 320 164, 880 196,134
172, 936
146, 301
15.50
15.50
135, 717 169,814
15.50
15.50
176, 500 182, 217
15.50
15. 50
15.50
176., 492 178, 979 193, 979
15.50
180, 040
15. 50
176, 703
120, 370
32, 304
22, 918
43,439
31,710
39, 203
44, 523
43,844
34, 272
34, 201
40, 372
24, 494
35, 749
24, 782
47, 680
20, 207
36,149
15, 993
38, 569
24,103
51,118
23,477
56, 538
27, 388
57, 756
37, 840
44, 860
38, 739
47,169
30, 551
41, 864
21,137
50, 985
17, 600
50, 239
35,149
40, 692
100
44
145
61
138
151, 082 126, 899 150, 753 173, 426 123, 609
12,
004
13,311
14,
470
9,131
37, 286
123,950 105, 539 121, 554 127, 067 99, 750
450
513
799
298
269
99,001
64,619 64, 514 72, 382 167,050
49,126
35,320 36, 250 32, 651 48,958
2,683
6,773
5,640
1,383
19,513
1,779
4,480
2, 494
2,837
3, 951
24,844
19, 427 32, 310 57, 967 40, 884
178
68, 721
12,106
53, 393
119
161,112
67, 345
29,431
3,526
87, 983
744
1,752
414
1, 356
61,002 59. 286 106, 297 122, 803
15,
405
15,470
8,006
23, 430
49, 340 40, 418 77, 396 97,380
122
450
173
224
199, 312 233, 207 260, 223 253, 005
80, 513 182,851 181,213 200, 927
52, 633 105,711
97, 979 137, 008
4, 104 15, 752
7, 809
5, 580
33, 349 55,193
32, 951
111,929
160, 234
15, 562
142, 037
421
180,101
130, 050
85, 121
12, 972
13, 992
FERTILIZERS
Consumption, Southern States
115
thous. of short tons..
Exports, total
long tons.. 120, 301
12, 792
Nitrogenous
do
84, 654
Phosphate materials
do
247
Prepared fertilizers
_do
122, 483
Imports, total..
„
do
92, 311
Nitrogenous
do
52, 578
Nitrate of soda
do
13, 687
Phosphates
do
9,646
Potash
_
do
Price, wholesale, nitrate of soda, 95 percent
1.375
(N. Y.)
dol. per cwt..
Superphosphate (bulk):
Production
short tons..
Shipments to consumers
do
Stocks, end of month
do....
84
101,923
7,400
89,691
158
75,888
58,866
36,216
4,619
8,065
1.325
1.325
1.325
1.375
1.375
1.375
1.375
1.375
225, 485 243,162 256, 792 •299,065
45,817
9,510
21,113 127,378
721, 243 770, 790 845, 381 876,563
369, 335 389,369 393,600 377,200 371,882 •430, 680 376, 356
32,137
72,254
23, 502 35, 023 09, 007 •218,159 203, 078
985, 632 1,117,011 1,133,640 1,125,576 1,075,040 '894,768 644,530
340, 532
114,429
649, 076
371, ©36 365, 784 415, 822 404,932
405, 527 404,105
5.12
5.83
6.91
97, 781 108,648 101,939
156, 592 173, 946 188,065
7.23
95, 693
194,883
7.29
81,814
194,175
55,151
79,128
57, 789
77, 767
57,809
77, 718
1.325
1.375
1.375
1.375
NAVAL STORES
Pine oil, production
gallons.. 424,182
Rosin, gum:
Price, wholesale, " B " (N. Y.)..dol per bbl.
98, 076
Receipts, net, 3 ports
bbl. (500 1b.).
104, 307
Stocks, 3 ports, end of month
do
Rosin, wood:
63,428
Production
_
do
130, 502
Stocks, end of month
do
Turpentine, gum, spirits of:
.39
Price, wholesale (N. Y.)
.dol. per gal..
Receipts, net, 3 ports
..bbl. (50 gal.).. 27, 579
73, 250
Stocks, 3 ports, end of month
....do
Turpentine, wood:
9,208
Production
do
15, 423
Stocks, end of month
_.do
52, 418
92,945
58, 572
76,110
.41
.40
.42
.43
.42
18,533
21,894
27, 418 29,810 26,173
105,141 108, 550 113, 983 114,127 113,702
8,731
8, 523
8,785
8,093
8, 578
7, 492
7, 669
8,019
10, 228 12, 634
58,023
69, 936
429,182
463,993
9.98
10.95
9.13
48, 861 25. 296 27, 818
128,241
109,
057
167, 947
8.25
53,433
105,132
8.51
83,763
99, 931
413, 078 404, 052 405, 042 439,006
8.25
10.32
70, 372 71, 307
192, 780 190, 325
01, 742
94,311
02, 399
113, 020
.47
2, 004
So, 070
60, 947
75, 725
.44
4, 577
76, 986
.41
14,088
69, 802
.41
23, 377
70,173
9. Ofil
21,19G
9,840
23, 535
9, 840
20, 035
9, 637
18, 325
57, 261
65, 416
GO, 620
63,924
58. 068
62; 392
.43
.47
14, 457 11,620
109, 955 105,431
.48
5, 646
96,090
9, 632
18,768
8,866
14, 840
9,100
16,906
OILS, FATS, AND BYPRODUCTS
Animal Fats and Byproducts and Fish
Oils (Quarterly)
Animal fats:
Consumption, factory
thous. of lb..
Production..
do
Stocks, end of quarter...
do
Greases:
Consumption, factory
_
do
Production
do
Stocks, end of quarter
do
Lard compounds and substitutes:
Production
do
Stocks, end of quarter
do. _
Fish oils:
Consumption, factory
do
Production
_
do
Stocks, end of quarter
do
208, 694
396, 857
384, 249
245. 453
375'. 493
358,645
229,922
463, 972
402, 244
239,164
393. 281
426, 008
46,611
75, 208
69, 354
53, 265
82. 139
64, 321
58, 413
89, 332
60, 731
65, 356
81, 845
56,166
349,861
39,156
438, 606
40, 619
432, 209
44,930
357, 328
46, 503
67, 334
12, 006
147, 700
77, 074
82. 201
155, 492
82, 502
123,684
216,156
90,496
28, 950
218,106
Vegetable Oils and Products
Vegetable oils, total:
Consumption, crude, factory (quarterly.)
thous. of lb..
408
Exports
do
135, 291
Imports
__do
Production (quarterly)
_
Ido~.!
Stocks end of quarter:
Crude
do
Refined
do
' Revised.
688, 802
245
75, 455
400, 555
628,160
492, 852
490
84, 853
405
77, 886
718, 747
362
62, 429
484, 565
551, 613
288, 572
394
69, 228
189
5,079
,114,164
190
86,164
962, 462
575, 893
486, 208
290
82, 753
300
130,545
989, 620
747
591
89, 745 113,895
783, 648
564, 757
C55, 726
048
114, 089
40
SURVEY OF CURRENT BUSINESS
1936
1937
Monthly statistics through December 1935, together with explanatory notes and references
to the sources of the data may be found in the
1936 Supplement to the Survey
June
August 1937
June
July
1937
Decem- January
October NovemAugust September
ber
ber
February
March
8,900
41,966
47 588
15, 192
12, 517
5,713
39, 345
6,587
21,643
April
May
CHEMICALS AND ALLIED PRODUCTS—Continued
OILS, FATS, AND BYPRODUCTS-Con.
Vegetable Oils and Products—Continued
Copra:
Consumption, factory (quarterly)
short tons
25,822
Imports
do
Stocks, end of quarter do
Coconut or copra oil:
Consumption, factory:
Crude (quarterly)
thous of lb
Refined (quarterly)
do
5,614
In oleomargarine
do
Imports
_
do . . 32, 677
Production (quarterly):
Crude
do
Refined
do
Stocks, end of quarter:
Crude
do
Refined
do
Cottonseed:
Consumption (crush)
short tons_. 70, 211
30, 893
Receipts at mills
do
45, 840
Stocks at mills, end of mo
do
Cottonseed cake and meal:
1
Exports
. __
do
34,515
Production
do
73,169
Stocks at mills, end of mo
- _ do .
Cottonseed oil, crude:
22, 894
Production
thous. of lb
21, 373
Stocks, end of month
do..
Cottonseed oil, refined:
Consumption, factory (quarterly)
do
In oleomargarine
._ _
do
Price, summer, yellow, prime (N. Y.)
.100
dol. per lb_.
50, 105
Production
thous. of lb
Stocks, end of month
do » 517, 334
Flaxseed:
2,661
Imports
thous. of bu
Minneapolis and Duluth:
1,125
Receipts.
. __
do
516
Shipments
do
630
Stocks, end of month
do
Oil mills (quarterly):
Consumption
do
Stocks pnd of Quarter
do
1.92
Price, wholesale, No. 1 (Mpls.)-.dol. per bu_.
Production (crop est)
thous of bu
« 7, 622
6, 693
Stocks, Argentina, end of mo
do
Linseed cake and meal:
70,715
Exports
thous. of lb
6,772
Shipments from Minneapolis .
do
Linseed oil:
Consumption, factory (quarterly)
thous of lb
.111
Price, wholesale (N. Y.)._
dol. p e r l b . .
"ProfJnpHon fnnarfprlv^
thoiis oflb
Shipments from Minneapolis
. do
Stocks at factory, end of quarter
do
Oleomargarine:
Consumption (tax-paid withdrawals)
thous. of lb__
Price, standard, uncolored (Chicago)
dol. per lb_.
Production
__thous. of lb._
Vegetable shortenings:
Price, tierces (Chicago)
___doi. per l b . .
8 314
56, 449
11, 636
16,896
140, 350
84,904
9,736
14,820
17,416
14,789
9,554
33,835
11,749
14, 273
49,164
24,933
14,865
169,416
93,648
13, 964
15, 689
22,185
5,085
13, 619
23, 500
10, 271
32, 712
41, 739
4,540
10, 671
143 565
80, 676
10,916
29,186
12^ 644
57 599
5,197
17, 651
72,049
83, 629
63, 004
95, 678
53,142
73,900
61,945
66 228
129, 894
16,074
77,121
14,241
59 551
15,458
62 719
12,170
40, 283
24, 208
36,049
36, 455
22, 332
21, 926
102, 451
252,834
168,145
592,820
,258,890
838, 379
748,126
,178,322
,274,173
38
20,271
117,004
115
18, 500
65,053
506
46, 774
45, 561
549
264,173
126,014
999
331,248
190, 068
827
310, 738
209, 660
14,170
37, 251
11,057
19,192
29, 787
26, 547
176, 256
92, 667
222, 294
121, 398
203, 416
143, 182
77612" "~7,"608~
332,216
9,081
"16," 042"
10, 373
.101
22,725
237, 220
.102
92. 300
228,764
.099
179, 721
307,309
.100
183, 558
385, 250
263, 502
6,649
.091
40, 443
408, 944
.098
29, 637
318,873
686, 254 656,240
791,036
535, 511
1,377,955 1,258,226
4,669
17, 899
4,096
36,110
4, 094
24, 280
582,373
209, 533
885, 386
417,753
102, 577
570,210
319, 882
64, 086
314, 179
179, 005
22, 439
157, 613
111,306
38, 851
85, 158
160
296,173
214,731
488
251, 586
224,460
321
191,874
198, 768
181
144, 532
138,668
185
84, 682
101,199
140
54, 249
84, 223
195, 763
142,021
175,942
146, 396
129,311
128,164
99, 701
100, 950
59, 428
68,186
35,871
49, 139
333,099
12, 689 " 13," 752" "I2,"9*n~
322, 390
14, 043
" 14," 789 "
.110
108,381
418,087
.114
167, 362
460,448
.110
141,777
529,781
.111
134,254
579,427
.106
92,139
586, 597
.105
54, 025
560, 704
12,557
747
117
671
1,813
1.747
2,707
1,489
1,139
3,727
4, 084
2,280
3,662
542
181
348
255
291
285
1,539
665
668
336
318
783
703
3, 460
742
746
264
709
484
310
470
368
11
501
178
1
488
740
11
541
99
9
558
1, 346
827
773
5,168
2,222
1.77
2.06
2.15
4,817
2, 0S3
2.14
2.13
2.16
5,906
6,299
5,906
6,512
3,937
25, 794
15,104
20, 469
12,891
24,140
11, 365
32, 581
3,205
.100
.103
7,273
5,106
84,129
.095
100,119
12,932
140, 666
79,705
.101
91,098
3, 538
98,411
2.29
2.23
8,175
3,048
2.20
2.21
2.11
2,756
6,931
2,864
2.21
& 5, 908
4,331
6,496
6,299
7,874
7,480
6, 299
37, 625
11,313
40. 403
12, 229
56,569
10,068
35, 468
9,163
40,766
7,256
61, 741
12, 289
61, 781
11,880
74, 209
9,586
.096
.093
.101
.099
3,086
5,839
5,319
5,693
78 114
.090
131 899
4,784
117,268
94,981
.104
156,877
7, 954
137, 472
.113
.113
8,428
8,343
26, 245
22,549
26,796
31,805
34, 426
35,144
34, 365
38, 806
34,025
28,169
35, 739
32, 407
29, 726
.140
27,945
.125
25,834
.125
27,695
.134
30,351
.138
33,711
.140
35, 586
.140
34, 209
.142
38, 773
.150
30, 956
.150
30, 638
.150
35, 994
.150
34, 349
.149
28, 741
.130
.107
.117
.124
.125
.120
.120
.130
.137
.135
.136
.133
.129
39,838
28,213
12, 253
15, 960
11,624
38,736
26, 587
10,795
15,792
12,149
33,919
23, 393
10, 287
13.106
10, 526
33, 380
22, 338
9,095
13, 243
11,041
33,450
22, 338
9,564
12, 774
11,112
34,049
23,192
10, 628
12, 564
10,857
28, 503
20,037
10, 018
10,019
8,466
29, 465
19,759
10, 223
9,536
9,705
30, 202
20, 726
9,080
11,646
9,476
29. 749
20, 257
9, 518
10, 739
9,492
37,866
26, 203
12, 214
13,989
11,664
44, 502
31,043
12, 402
18, 581
13, 519
43, 355
30, 346
12, 734
17, 012
13,010
306, 656
54,817
158,285
261,462
49, 389
139, 565
297, 878
50, 267
133, 825
292, 071
47, 268
149,333
279,193
41, 672
138,903
222, 965
35,902
95,783
251,068
33, 895
98,048
295,405
32,091
119,937
302,414
34, 768
135, 676
332, 591
51, 533
130, 436
366, 049
65, 321
221,917
357, 131
54, 928
213, 159
1,536
1,600
1,154
1,206
1,225
1,198
1,463
1,501
1,787
1,532
1, 808
1,648
1,594
1,420
1,398
1,479
1,715
1, 501
1,976
1,687
1,795
1,639
1, 092
1,628
1,627
1, 450
1,113
1,043
1,061
850
1,002
746
1,162
1,468
1,204
1,027
1,402
1,316
1,438
1,313
1,255
1,112
853
742
1,270
1,397
1,621
1, 764
1,411
1,313
1,170
1, 099
21,988
10,811
21, 956
10,479
20, 209
10,583
21, 833
9,550
23. 083
7,523
25, 907
5,853
25, 628
5,753
21,361
6,381
24, 547
9,546
27,031
6,228
31,015
6, 324
30, 909
8,240
27, 100
9,711
2,361
653
795
913
2,509
637
784
1,088
2,994
783
908
1,303
4,306
1,181
1,119
2, 005
3,899
998
1,140
1,760
2,592
633
626
1,333
1,462
327
385
750
2,386
516
549
1,321
3,589
774
785
2,030
2,329
540
587
1,202
2,423
521
929
974
2, 517
010
984
924
PAINTS
Paint, varnish, lacquer, and fillers:
Total sales of manufacturers..thous. of dol..
Classified
do
Industrial
.-do
Trade
do
Unclassified
. . . -do
Plastic, cold-water paints, and calcimines:
Sales of manufacturers:
Calcimines dollars__
Plastic paints
do
Cold-water paints
- do
CELLULOSE PLASTIC PRODUCTS
Nitro-cellulose, sheets* rods, and tubes:
Production
- thous. of lb Shipments
- do
Cellulose-acetate, sheets, rods, and tubes:
Production
thous. of lb._
Shipments.
do
ROOFING
Dry roofing felt:
Production
short tons
Stocks, end of month
do
Prepared roofing shipments:
Total
_ ..thous. of squares. .
Grit roll
do
Shingles (all types)
.
._ do
Smooth roll
do
b
Dec. 1 estimate.
• July 1 estimate.
41
SUEVEY OF CUKRENT BUSINESS
August 1937
Monthly statistics through December 1935, to- 1937
gether with explanatory notes and references
to the sources of the data may be found in the
June
1936 Supplement to the Survey
1936
June
July
1937
Decem- January
August SeptemOctober November
ber
ber
February
March
April
May
ELECTRIC POWER AND GAS
ELECTRIC POWEE
Production, total 1
mills, of kw.-hr_.
By source:
Fuels 1
do
Water power K....
_
do
By type of producer:
Central stations 1
.do
Other producers
do
Sales to ultimate consumers, total (Edison
Electric Institute)
mills, of kw.-hr..
Domestic service
do
Commercial—retail
do
Commercial—wholesale.do
Municipal street lighting
do
Railroads, electrified steam
do
Railroads, street and interurban
do
Revenues from sales to ultimate consumers
(Edison Electric Institute)
thous. of doL.
10,066
9,160
9,682
9,814
9,722
10,176
9,785
10,528
10,151
9,247
10, 228
6,328
3,738
5,885
3,275
6,537
3,144
6,748
3,066
6,695
3,027
6,775
3,401
6,424
3,362
6,879
3,649
6,315
3,835
5, 762
3,485
6,382
3,846
r
r
5, 753
4,115
'"5,621
' 4, 352
9,540
526
8,630
530
9,121
561
9,254
560
9,178
544
9,641
536
9,182
603
9,910
618
9.556
595
8,690
557
9,626
602
r 9, 293
575
7,264
1,144
1,275
4,197
159
74
346
7,519
1,159
1,317
4,362
7,723
1,180
1,361
4,487
188
97
340
7,910
1,261
1,402
4,540
8,093
1,324
1,421
8,000
1,419
1,459
4,574
4,315
214 !
225
110 j
112
374 I
392
8,154
1,482
1,501
4,298
235
124
433
8,359
1,668
1, 616
4,258
218
118
410
7,973
1,573
1,534
4,115
184
95
401
8,217
1,425
1,451
4,553
181
120
414
I 8,270
i 1, 418
! 1, 466
4,672
!
102
!
HI
367
9, 438
r
534
8, 114
1, 323
1,399
4,727
147
104
346
164,007
167,672
183,586 I 177,579 : 177,861
174, 287
9,616
9,012
130
464
27,255
17,465
1,021
8,622
9,641
9,041
125
464
25,163
15. 967
629
8,390
29,028
22,437
765
5,721
171
99
342
197
99
338
r 9, 972
175,597
179,972
9,654
9,056
127
463
23, 743
14, 939
484
8,183
9,730
9,121
139
462
25,753
16, 682
541
8,378
9,762
9,142
155
453
28, 863
18,156
1,580
8,934
9,737
9,103
165
460
30,824
16, 335
4,965
9,323
9,754
9,110
172
462
33,853
16, 502
7,458
9,660
9,769
9,131
161
468
32,470
17,373
6,134
8,750
9,802
9,162
366
464
31,860
16, 443
6,173
9,046
9,809
9,168
158
470
32, 787
16, 993
5,843
9,740
9, 858
9, 212
164
471
33,051
10, 439
9,937
9,288
166
470
30, 758
16,858
3,561
10,169
27,121
20,956
493
5,569
25, 748
19,772
398
5,467
27,824
21,583
497
5,640
30, 213
22, 946
1,184
5,959
30, 700
21, 639
2,683
6,236
32, 425
21, 579
4,157
6,547
31,967
21,834
3,799
6,197
30, 724
20,396
4,029
6,172
31,379
20,919
3,860
6,458
35, 502
21, 639
3,138
6,585
30, 766
22, 303
1,910
6,426
6,538
6,087
449
84,385
17, 592
65, 805
6,536
6,093
442
82,166
14,348
67,007
6,565
6,120
444
84,735
13, 256
70,271
6,610
6,162
446
87,869
13,980
72, 637
6,690
6,208
480
95,107
19,105
74,956
6,784
6,268
514
112,410
30,403
80,938
6,805
6,282
521
125,409
40,988
83,016
6,754
6,236
514
129,312
47,159
80,892
6,764
6,816
6,251
6,295
512
519
135,179 127, 633
i, 152 42, 249
85,627 I 83,791
6,790
6,278
510
125, 832
39, 563
84, 903
6,911
6,410
499
105,168
26,459
77, 242
25,840
13, 501
12,210
23.857
11, 597
12,132
23,722
10, 992
12, 570
24,667
11, 456
13,047
28, 645
14, 330
14,172
36,827
20, 501
16,165
43,926
26, 328
17, 389
47,847
48,975 45,234
30,088 I 30,525 | 27,162
17,558 ! 18,162 j 17,841
42, 671
25,194
17, 247
34,138
18, 702
15,192
183,066 ! 187,094 | 194.554
GAS
Manufactured gas: t
Customers, total
thousands..
Domestic
do
House heating
do
Industrial and commercial
do
Sales to consumers
mills, of cu. ft..
Domestic
do
House heating
do
Industrial and commercial
do
Revenue from sales to consumers
thous. of doL.
Domestic
do
House heating
do
Industrial and commercial
do
Natural gas: t
Customers, total
thousands..
Domestic
do
Industrial and commercial
do
Sales to consumersmills, of cu. ft..
Domestic
do
Industrial and commercial
do
Revenues from sales to consumers
thous. of d o l Domestic
do
Industrial and commercial
do
17,191
5,244
FOODSTUFFS AND TOBACCO
BEVERAGES
Fermented malt liquors:
Consumption (tax-paid withdrawals)
thous. of bbl__
6,004
Production
do
6,437
Stocks, end of m o n t h . .
do
9,570
Distilled spirits:
Consumption, total (tax-paid withdrawals)
thous. of proof gaL.
5,921
Whisky
do
4, 519
Production, total. _
do
18, 486
Whisky...
d o . . . . 15, 975
Stocks, total, end of monthdo
462, 608
Whisky
d o . . . . 445, 286
Rectified spirits:
Consumption (tax-paid withdrawals)
thous. of proof gal..
2,437
' 5, 605
' 6,080
' 8, 659
6,670
6,791
8,525
5,938
5,771
8,122
4,985
5,183
8,082
4,249
4,097
7,722
3,640
3,399
7,319
5,229
5,823
' 4, 287 4,643
' 24,272 21,720
' 22, 639 19,994
310,804 325,990
300,659 315,936
5,200
4,279
19,763
17,824
339,820
328,808
6,931
5,952
23,698
19,063
352,151
341,264
9,724
8,202
27, 625
20,299
364,023
352,639
11, 567
9,643
22,973
18,868
373,330
361,318
1,936
2,783
4,074
4,858
1,937
2,159
3,140
3,537
7, 660
4,176
5, 054
8,345
4,507
5,155
5, 669
9,408
5,314
6,804
10, 609
5,779
4,528
8,907
21,109
14,203
25,188
22, 289 19,174 12,836
387, 322 402.099 408,598
374,629 388,416 394,947
7,045
5,835
22,385
20,255
422,883
408,510
6,642
5,450
2], 734
437, 159
421,546
6,202
5,139
20,177
17, 986
450, 752
434, 262
2,497 ! 2,907
3,238
3,831
3,665
6,945
5,044
3,056
3,657
7,407
2,123
19,119
DAIRY PRODUCTS
Butter:
Consumption, apparent
thous. of lb._
132, 596 122,804 131,579 135,667 139, 245 131,760 137,441 124,930 125,872 135,993 130,997
Price, wholesale (N. Y.), (92-score)
.31
.30
.34
dol. per lb._
.34
.36
.35
.34
.34
.34
.36
.33
.33
Production creamery (factory).thous. of lb._. 193,213 188,546 152, 001 139,363 131,862 135,140 113,985 108, 703 103,900 100,970 119, 604 129, 636
75,063
69,435
Receipts, 5 markets
_
do
54,676
44,792 44,637
39, 310 37,067 36,236 42,896 44, 402
47,202
39,587
Stocks, cold storage, creamery, end of month
73, 816 103,259 112,106 108,835 105, 368 88,866
thous. of lb_. 83,151
6,700 | 6,406
61, 234 42,734 20,678
Cheese:
53,331
53,092 55,745 53,202 61, 675 61, 852
53,897
76,150
60,370
Consumption, apparent
do
59,392
56,953
5,022
5,365
4,257
5,463
6,452
5,796
6,229
4,697
6,347
Imports
_
do
5,675
5,881
.21
.18
.17
Price, No. 1 Amer. (N. Y.)
dol. per lb__
.17
.20
.20
.18
.18
.18
.17
.19
.18
41,
599
Production (factory)..
thous. of lb__
54, 448
83,132 63,922 57,693
55,389
39, 622 47,553
57.738
46, 786
42, 629
American whole milk
.do
"64," 707" ' 66,875 53, 032 44,451 43,3,07 44,965
29, 610 27,425 27,174 32,780 38, 297
33,150
11,548 11,545
18,479
U, 790 11,939
Receipts, 5 markets
do
17, 096 21,191
15,981
13,386
12, 524
11,311
12,098
105. 335 ' 85, 798 97,403 107,542 114,990 118,907 114,706 110, 400 102,112 93,114 85,216 83,096
Stocks, cold storage, end of mo
do
88,091
80,735 90,471
80,713 732,822 70, 584
American whole milk
do
89, 163 70,282
98, 975
95,418
98,206 102,847
r
Revised.
fRevised series. Manufactured and natural gas revised for period 1929-36. For revisions see tables 20 and 21, pp. 19 and 20 of the May 1937 issue.
IData revised for 1936. See p. 41 of the May 1937 issue.
.32
178,811
57, 352
' 22,904
3, 958
.17
r
r
51,138
11,401
85, 008
71, 603
42
SURVEY OF CURRENT BUSINESS
Monthly statistics through December 1935, together with explanatory notes and references
to the sources of the data may be found in the
1936 Supplement to the Survey
1936
1937
June
August 1937
July
June
August
ber
1937
October
ber
January!
ber
Fe
J?™' I March
April
j May
FOODSTUFFS AND TOBACCO—Continued
DAIRY PRODUCTS-Continued
Condensed and evaporated milk:
Production:
Condensed (sweetened):
Bulk goods
thous. oflb_
Case goods
do._.
Evaporated (unsweetened)
do...
Exports:
Condensed (sweetened)
do...
Evaporated (unsweetened)
do...
Prices, wholesale (N. Y.) (case goods):
Condensed (sweetened)
dol. per case.
Evaporated (unsweetened)
do...
Stocks, manufacturers, end of month:
Condensed (sweetened):
Bulk goods
thous. of lb.
Case goodsdo...
Evaporated (unsweetened), case goods
thous. of lb.
Fluid milk:
Consumption in oleomargarine
do._.
Production (Minneapolis and St. Paul)
thous. of lb.
Receipts:
Boston (incl. cream)
thous. of q t .
Greater New York.
._do...
Powdered milk:
Exports
thous. of lb.
Productionf...
do._.
Stocks, mfrs., end of mo
do.-_
' 25,107
r
i, 481
242, 981
25,368
4,210
252,973
1,331
1,595
465
4.85
3.15
4.85
3.15
15, 355
10, 920
14, 664
11,275
302, 435
186, 359
5,102
5,521
43,134
42, 051
248
34,304
48,328
25, 058
4,281
211, 299
14, 280
4,994
183, 428
1,828
2,118
4.85
3.28
13, 654
11,188
99, 638
5,258
14,925
17,881
3,380
4,567
185, 780 188,840
11,326
3,538
127,881
12, 586
4,198
113,502
17, 414
4,827
116, 230
16, 535
4,027
123,441
14, 963
3,739
156, 762
204
2,904
93
1,633
128
189
1,489
174
261
2,010
226
124
2,019
457
1, 946
4.85
3.40
4.85
3.40
4.85
3.40
4.85
3.40
4.85
3.30
4.85
3.30
4.85
3.19
4.85
3.15 |
4.85
3.15
4.85
3.15
12, 250
11,116
12, 363
12,109
11,233
11, 689
7,787
10,190
5,670
9,071
5,685
7,124
5,353
4,958
5,594
4,203
6,003
4,400
'11,399
8,669
160, 709 251, 751
278, 511
258,904
' 242,390
17,824 i 26,556
3,664 :
4,972
178,244 i 247,838
208, 911
176,912
152, 575
161, 208
5,847
6,357
6,732
6,351
7,189
5,772
5,385
6,774
6,359
5,244
28,098
26, 245
27, 235
25, 447
28, 609
31, 743
31,000
36, 443
35, 352
42, 597
16,128
115,606
14,553
106, 972
16, 054
119,816
15, 631
118,158
17,150
128, 088
216 !
23,150
38,998 j
282
19,933
39,906
326
24,633
38, 881
402
27,101
37,109
102, 021
16,550
114, 657
32,183
18,142
117,126
17,781
115,060
16,149
113, 031
17,066
114,971
17,141
111,544
16, 016
113,935
428
34,150
32, 007
383
27, 242
29, 264
312
23, 906
24, 809
291
21, 872
26,835
327
24,945
30,612
322
20, 679
33, 270
216
23,417
35,171
878
1,397
1,066
7,775
15,923
7,495
117, 506
5,169
4,726
4, 492
3,647
2,994
1,640
6,613
1,517
2,480
7, 458
3,418
8,482
9,010
3,667
8,829
14,717
2,096
7,452
16, 452
1,933
5,787
18, 261
2,540
4,004
15,449
2,869
2,453
18, 412
1,581
1, 176
13,577
2,720 j
400
12, 600
33961
1.795
2.006
2.050
2.505
'329, 997
14,942
2.881
2.744
2.240
2.094
1.708
" 17," 122'
r
r
272
36,145
43, 129
FRUITS AND VEGETABLES
Apples:
Production (crop estimate)
thous. of bu._ 194, 328
Shipments, car-lotf
no. of carloads..
Stocks, cold storage, end of month
thous. of b b L .
8,884
Citrus fruits, car-lotshipmentst.no. of carloads.
2,445
Onions, car-lot shipmentst--do
Potatoes, white:
2.031
Price, wholesale (N. Y.)
dol. per 100 l b . .
Production (crop estimate)
thous. of bu._ '404, 229
Shipments, car-lott
no. of carloads.. 29, 563
9,632
1,037
II, 321
3,695
3.665
2.456
1.863
"18*627"
"l4~553"
"l2~418~
2,087
3,442
4,844
3,036
1,573
1,806
1,781
2,261 j
533
1,614
1,006
461
198
19
144
574 |
.87
.92
1.22
1.24
1.30
1.28
1.29
1.32
1.27
1.28
5,992
16,583
9, 683
9,584
5,625
1.29
1.32
-147,452
4,741
9,850
15,343
17,732
20,012
106
6,502
82
30
6,778
64
5,615
21
5,525
.94
1.01
1.15
1.24
1.12
1.27
1.12
1.10
1.14
1.07
17, 614
11, 926
15, 569
7,711
9,213
4,375
8,797
4,058
4,316
4,537
4,325
" 167846" "22,"630" "l4~476~
"i9"603"
GRAIN AND PRODUCTS
Exports, principal grains, including flour and
2,032
2,733
meal
thous. of bu._
Barley:
704
105
Exports, including malt
do
Price, wholesale, N o . 2 (Mpls.):
.64
.81
Straight
dol. per bu._
.70
.91
Malting
do
Production (crop estimate)
thous. of bu__ 243, 540
2,044
5,893
Receipts, principal markets
do
Stocks, commercial, domestic, end of m o .
4,711
10, 571
thous. of b u . Corn:
219
35
Exports, including meal
do
5,386
5, 728
Grindings
do
Prices, wholesale:
.62
1 22
No. 3, yellow (Kansas City)-dol. per b u _ .
.71
1.18
No. 3, white (Chicago)
do
Production (crop estimate)
thous. of bu._ ' 2,571,851
24,
215
11,512
Receipts, principal m a r k e t s . .
do
15,194
4,710
Shipments, principal markets
do
Stocks, commercial, domestic, end of m o .
6,985
5,380
thous. of bu._
Oats:
425
79
Exports, including o a t m e a l . .
..do
Price, wholesale, N o . 3, white (Chicago)
.28
dol. per bu._
Production (crop estimate)
thous. of bu._ 1,111,229
6,200
2,812
Receipts, principal markets
do
Stocks, commercial, domestic, end of m o .
31, 059
2,338
thous. of bu._
Rice:
713
Exports
pockets (100 lb.)_. 85, 343
97,490
Imports.
.-.
d o . . . 181,620
Price, wholesale, head, clean (New Orleans)
.038
.043
dol. per l b . .
Production (crop estimate)
thous. of bu__ ' 48, 716
Southern States (La., T e x . , Ark., and
Tenn.):
Receipts, rough, a t mills
149
60
thous. of bbl. (1621b.)..
Shipments from mills, milled rice
502
318
thous. of pockets (100 lb.)__
Stocks, domestic, rough a n d cleaned (in
terms of cleaned rice) end of m o n t h
1,741
609
thous. of pockets (100 lb.)_.
California:
Receipts, domestic r o u g h . . . b a g s (100 l b . ) . . 213, 590 173,958
74,202 154,060
Shipments from mills, milled r i c e . . . d o .
Stocks, rough a n d cleaned, end of m o .
482,
536 227, 258
bags ( 1 0 0 1 b . ) -
•
59
.37
.44
.44
2,104
.513
93
1.14
1.28
1.32
1.33
1.32
1.37
1.19
1.17
3,179
3,299
2,808
2,713
3. 332
14, 990
13,703
12,154
8,448
5,873
41
5,786
42
5,497
37
5,760
47
6,219
20
7,180
30
6, 572
1.19
1.14
1.20
1.13
1.23
1.22
1.37
1. 35
1.35
1.35
17, 559
5,268
1.15
1.09
, 529,327
18,200
5,855
13,162
5,652
9, 567
4,692
9,304
5,428
4,778 i
9,650
3,745
4,277
8,185
13,454
15,080
13,901
12,381 j
6,697
4,316
75
65
65
64
78
75
.42
.46
.54
.51
.51
20,541
18, 848
(V
j
61
82
.52
16, 863
15, 205
4,007
2,517
.50
>789,100
3,753
4,120
3,448
38, 864
51, 861
50,973
48, 639
42, 571
37, 392
31, 066
25, 807
890
62, 339
6,124
104, 099
1,325
121, 670
17, 534
120,830
52,121
79,586
54,199
181,638
103,852
207, 204
130,507
123, 495
33, 610
163, 562
31, 896
179, 868
21, 440
192, 394
.043
.043
.042
.039
.039
.038
46, 833
.038
.038
.040
040
.040
3,569 I
20
304
1,375
2,289
1,761
287
331
754
1,213
1,110
342
321
962
2,116
2,839
k
736
1,
1,327 j
3, 581
4, 578
20,225 ! 11,785
120, 853
152,324
184,418
71,676
259,027
134,336
513, 655
77,742
379, 028
34,985
90,451
47,150
120, 524
147,979
151,619
378,038
676, 647
190,290
3,178
973
309
241
240
765
569
549
3,139
2,721 j
317,467
265,629
431, 945
250,402
714. 982 I 579, 552
523.512
416, 756
98, 382
5, 648
1,109
i
2,654
4,836
2,393
2,092
99,216 l
67,471 ;
70, 242
52, 737
513,927 j 463,584
0
No quotation.
fc
Dec. 1 estimate. r Revised.
« July 1 estimate.
t Revised series. For revision of production of powdered milk for 1935 see p. 90 of the 1936 Supplement.
May 1937 issue.
Data for 1936 on car-lot shipments revised.
See p. 42 of the
Monthly statistics through December 1935, together with explanatory notes and references
to the sources of the data may be found in the
1936 Supplement to the Survey
43
SURVEY OF CURRENT BUSINESS
August 1937
1936
1937
June
June
July
1937
Decem- January
August Septem- October November
ber
February
March
April
0
1.11
1
1.12
May
FOODSTUFFS AND TOBACCO—Continued
GRAIN AND PRODUCTS-Continued
Rye:
Exports, including
flour
thous. of bu_.
Price, wholesale, No. 2 (Mpls.).dol. per bu..
Production (crop estimate)
thous. of bu_.
Receipts, principal markets
do
Stocks, commercial, domestic, end of mo.
Wheat:
thous. of bu.Exports:
Wheat, including
flour
do
Wheat only...
do
Prices, wholesale:
No. 1, dark, northern, spring
Minneapolis
dol. per bu_.
No. 2, red, winter (St. Louis)_
do....
No. 2, hard, winter (K. C.)
do
Weighted av., 6 markets, all grades._do
roduction (crop est.), ttotal...thous.
o t a l . . . t o u s . of bbu..
Production
Spring
do
Si
h
t
d
pg wheat
Wint
t
d
inter wheath
do
Receipts, principal markets
do
Shipments, principal markets
do
Stocks, end of month, world estimated
thous. of bu..
Canada (Canadian wheat)
do
United States (domestic wheat)
do
Held by mills (end of quarter)
Wheat
flour:
thous. of bu..
Consumption (computed by Russell's)
thous. of bbL.
Exports
_
do
Grindings of wheat
thous. of bu..
Prices, wholesale:
Standard Patents (Mpls.)_..dol. per bbL.
Winter, straights (K. C.)
do....
Production:
Flour, actual (Census)
thous. of bbL.
Flour, prorated, total (Russell's)
do
On*aJ (Census)
thous. of lb..
Operations, percent of capacity (Census)
Stocks, total, end of month (computed by
Russell's)
thous. of bbL.
Held by mills (end of quarter)
do
LIVESTOCK
Cattle and Chives:
Receipts
tbous. of animals..
Disposition:
Local slaughter
do
Shipments, total...
do
Stocker and feeder
do
Price, wholesale, cattle, cornfed (Chicago)
dol. per 100 l b Hogs:
Receipts
thous. of animals..
Disposition:
Local slaughter-_
do
Shipments, total
do
Stocker and feeder
do
Price, wholesale, heavy (Chicago)
dol. per 100 lb..
Sheep and lambs:
Receipts
thous. of animals..
Disposition:
Local slaughter
do
Shipments, total...
do
Stocker and feeder..
do
Prices, wholesale (Chicago):
Ewes
dol. per 100 lb_.
Lambs
do
Total meats:
MEATS
Consumption, apparent
mills, of lb_.
Production (inspected slaughter)
do
Stocks, cold storage, end of month
do
Miscellaneous meats
do
Beef and veal:
Consumption, apparent
thous. of lb_.
Exports
do
Price, wholesale, beef, fresh, native steers
(Chicago)
dol. per lb..
Production (inspected slaughter)
thous. of lb_.
Stocks, cold storage, end of mo
-do
Lamb and mutton:
Consumption, apparent
do
Production (inspected slaughter)
do
Stocks, cold storage, end of month ..do
Pork (including lard):
Consumption, apparent
do
Exports, total
_
do
Lard—
do
Prices, wholesale:
Hams, smoked (Chicago)
dol. perlb..
Lard, in tierces:
Prime, contract (N. Y.)
do....
Refined (Chicago)
do....
Production (inspected slaughter), total
thous. of lb..
Lard
_
do
Stocks, cold storage, end of month ..do
Fresh and cured
do
Lard—
do
» Dec. 1 estimate.
0
.75
59
.99
50, 398
495
1,422
1,630
1,442
6,730
6.080
1,754
770
1,382
26
1.45
1.22
1.21
1.23
882,287
218,646
663,641
19, 391
11,175
0
.83
0
1.13
1,735
1
1.10
25, 554
1,084
715
334
1
1.09
737
794
1,878
5,983
5,008
4,476
3,980
3,215
2,550
2,034
2,436
926
1,681
50
1,576
33
1,522
1,565
61
1,679
137
1,713
395
1.46
1.19
1.22
1.25
1.48
1.21
1.22
1.29
1.66
1.40
1.38
1.44
1.59
1.43
1.37
1.39
1.53
1.43
1.39
1.42
1.56
1.44
1.40
1.41
1.46
1.32
1.32
1.32
10, 621
10,658
15, 237
13,978
1.59
1.35
1.34
1.39
b626, 461
"107,448
6519,013
10,712 10, 389
11, 601
10,945
7,766
8,676
6,116
7,089
7, 592
7,512
8,941
8,928
7,621
10, 629
312,480 336, 500 316,770 288,220 234, 720
82, 625 74,737 68, 010 65,700
50, 683
63,453 52, 251 43, 709 36, 850 26, 253
184,150
45, 643
17, 088
0
.85
1,540
0
.87
1,658
1,375
6,674
6,515
6,209
1,389
26
1,657
222
2,415
487
1.24
.95
.96
1.36
1.06
1.11
1.10
1.47
1.17
1.22
1.27
14,819
12,363
84, 222
27,210
29,495
18,214
36, 314
11, 677
244,020
123, 664
23,161
275,131
96, 652
67,305
67,874
62, 642
.58
1
.92
1.44
1.23
1.22
1.28
293,970 315, 760 305, 590 292,870
100, 704 126,378 117, 412 93,924
81,048 82,849 76, 423 70,314
153,521
135,189
186
1.09
82,134
7, 694
289
36, 637
10, 064
290
43, 660
11, 250
305
42,087
8,198
410
40, 055
9,631
321
41, 770
8,510
269
36, 844
7,912
358
37,832
8.114
328
37, 586
7,924
316
34,630
320
38, 605
328
38, 468
364
34, 892
6.28
4.73
6.78
5.23
7.21
5.64
5.67
7.06
5.57
6.84
5.49
7.26
5.94
7.54
6.16
7.45
6.08
7.44
6.15
7.26
6.02
6.9S
5.95
7,845
8,300
675,914
48
9,416
10, 244
793,510
58
8,180
7,536
8.216
8,019
8, 246
8,038
8,333
8,829
681,
276
687,
727
628,005
666, 240
51
53
53
53
8.402
8,274
697, 451
50
8,340
8,808
704, 618
52
7,542
5,600
4,255
5,500
5,600
6,500
4,677
6,000
6,050
6,096
4,686
5, 900
5,700
3,773
5,500
4,074
1,902
1,764
1,881
2,216
2,264 |
2,439
2,176
1,811
1,691
1,342
1,727
1,634
1,751
1,184
703
217
1,137
610
167
1,179
697
240
1,322
848
319
1,246
893
449
1,145
695
1,107
560
184
916
419
121
1,143
564
1,058
569
192
1,067
6(53
239
13.43
8.51
8.70
9.00
1,339 I 1,368
928 I 1,060
380 I
516
9.52 |
9.91
1,939 |
2,613
1,263
673
1,782
94
830
10.25
62
11.08
12.05
12.91
13.24
6.91
5.69
9,120
9,148
8,708
9,831
11, 652
9,182
758, 322 723, 978 749,121
56
56
54
1,513
1,864
1,915
1,747
1,075
432
29
1,348
512
36
1,347
562
1,166
572
91
11.46
10.05
57
1, 879
i, 859
1,022
852
133
961
873
108
2,287
2,766
1,006
1,014
152
1,011
1,271
343
3.31
8.86
1,033
1,033
641
57
1,040
1,066
665
62
1,001
997
671
73
1,126
2,871
1,597
480 [ 1,191
1,723
3.36
721
8.91
3.49
8.50
1,195
1,075
1,210
1,029
625
638
75
77
502. 018
1,110
523,522
1,302
528,398
1,790
558, 678 580,904
1,483
1,536
2,022
4.25
11.47
69
10.82
10.11
10.00
14.30
13.00
2,036
1,526
2,224
1,595
619
42
1,448
589
36
1,074
444
32
10.26
10.11
11.01
1,576
960
620
60
1,882
2,209
1, 052
830
92
1,121
1,088
136
6.59
11.49
6.25
12.13
6.05
11.55
1,040
1,006
1,240
117
998
957
1,1«1
99
401,174 i 484,616
1,071 1,497
484, 041
1,528
3,149
3,145
2,500
2,084
2,234
900
2,216
934
40
1, 785
712
29
1,443
638
41
10.25
10.38
9.67
2,149
1,071
1,083
367
3.67
8.40
1,059
1,242
828
95
28
2, 063
1,082
692
110
1,200
852
115
3.83
8.47
5. 52
9.94
933
661
5.77
10.. 06
1, 047 • 1,008
1,337
1,109
1,149
1, 245
132
132
860
903
1,282
126
482.171
960
.163
.168
483,312
14.06
10.18
1,761
466,194
1,021
184
1,591
.208
.133
.138
.143
.145
456,719
64, 542
485,518
41,222
518,400
42,914
542,249
64,255
571,787
82,806
595,095
104,961
54,324
2,172
48,108
47,971
1,122
49,448
49,833
1,478
50, 815
52,001
2,634
60,116
60,894
3,374
65,068
67, 654
5,930
13,377
8,288
482,772
18,880
11,090
467,498
16,811
7,481
.229
.240
.252
.256
.246
.225
.223
.226
.225
.227
.123
.133
.103
.113
.110
.119
.122
.129
.118
.126
.117
.125
.119
.126
.135
.139
.139
.144
.126
.131
368, 508
194,477
766, 392
580,825
185, 567
499,066
87,288
541,904
435,130
106,774
497,956 403,198 396,371 546,907 669,115 750,815
82,952 64,362 59,627 80, 568 103,020 118,420
558,987 531,409 463,404 449,698 572,165 812, 700
441,961 420,848 361, 608 354,950 463, 400 666,891
117,026 110,561 101,796 94, 748 108, 765 145,809
No quotation.
• July 1 estimate.
570,173
90,443
921, 231
738, 522
128,709
464,299
72,324
978,164
775, 688
202,476
498.794
76, 584
973, 004
755, 777
217,227
1
422,125 455,960
12, 224 12,083
6,045
7,856
.150
.183
510,943 521,965 469, 582 384,817
152, 769 193, 760 180,916 167,438
58,904
61,443
8,450
549,324 534,078
14, 784 16,484
10,454
9,563
62, 692
64, 553
10,228
642, 595
49
r
941
813
1, 030
83
444,908
1,008
.200
.200
453, 740 443, 712
142, 691 111, 653
412,061
r 86,168
.192
69, 300
69,570
10, 491
54,864
56,406 56, 688
54,151
54,162
53,833
9,807 ! 7,174 4,574
502, 456 455,098
13, 618 12,377
9,384
8,804
404,334 | 499,039 457, 437
13, 737
9,161 | 12,487
8,245
4, 456
7, 324
439,933
20, 055
13, 565
.209
.214
.215
.127
.132
.119
.128
.121
.130
• Revised.
458,
68,
965,
756,
209,
734
328
798
354
444
r
55, 749
54,154
2, 950
346, 417
50, 732
• 858,134
' 663, 657
• 194, 477
44
SUEVEY OF CUKRENT BUSINESS
Monthly statistics through December 1935, together with explanatory notes and references
to the sources of the data'may be found in the
1936 Supplement to the Survey
1937
June
August 1937
1936
June
July
1937
DecemAugust SeptemOctober November
ber
ber
January
February
March
April
May
FOODSTUFFS AND TOBACCO—Continued
POULTRY AND EGGS
Eggs:
Receipts, 5 markets
Stocks, cold storage, end of
Case
Frozen
Poultry:
Receipts, 5 markets
Stocks, cold storage, end of
1,701
thous. of cases..
month:
8,528
thous. of cases__
thous. of lb_. 164, 796
mo
do
do
1,727
1,247
7,058
7,335
111, 725 115,485
782
652
482
687
1,076
924
1,645
2,009
7,006
108, 614
5,817
96,660
3,788
82, 029
1,755
66, 309
651
51, 837
469
39,104
322
34,390
1,413
53, 074
4,405
88,186
7, 300
• 133,132
77, 297 72, 999 23,122
17, 318 19,993
149, 391 187, 887 178, 304 157,858 120, 328
18, 560
94, 888
20, 260
' 82, 340
2,134
r
21, 927
77, 205
22, 740
43,050
22,683
49, 220
26,400
65,488
27,580
82,096
34,434
104,981
17,557
.0740
7,174
.0617
15, 570
.0641
18,129
.0667
22,816
.0750
23,012
.0843
22, 564
.0954
40, 268
.1134
28, 788
.1221
26, 500
. 1032
34,337
.1143
33,181
.0990
22,165
.0782
10, 203
54, 571
47, 744
57,266 | 49,211
43, 036
27, 364
501
1,138
935
456
925
.091
1,183
.093
886
8,287
1,079
8.067
1,035
TROPICAL PRODUCTS
Cocoa:
Imports._.
long tons..
Price, spot, Accra (N. Y.)
_dol. per l b . .
Exports from the Gold Coast and Nigeria,
Africa.
long tons..
Coffee:
Clearances from Brazil, totaLthous. of bags..
To United States__
do
Imports into United States
.do
Price, wholesale, Rio No. 7 (N. Y.)
dol. per lb-_
Receipts at ports, Brazil
thous. of bags..
Stocks, world total, incl. interior of Brazil,
end of month
thous. of bags_.
Visible supply, total, excl. interior of Brazil
thous. of bags..
United States.
do
Sugar:
Raw sugar:
Cuba:
Stocks, total, end of month
thous. of long tons..
United States:
Meltings, 8 ports.__
...long tons..
Price, wholesale, 96° centrifugal (New
York)
dol. per lb_.
Receipts:
From Hawaii and Puerto Rico
long tons..
Imports
-do
Stocks at refineries, end of month. _ do
Refined sugar (United States):
Exports, including maple
long tons..
Price, retail, gran. (N. Y.)
dol. per lb_.
Price, wholesale, gran. (N. Y.)
do
Receipts:
From Hawaii & Puerto Rico..long tons_
Imports:
From Cuba
do
From Philippine Islands
do
Shipments, 2 ports 1
do
Stocks, end of month, 2 ports 1
do
Tea:
Imports
thous. of lb_.
Price, wholesale, Formosa, fine (N. Y.)
dol. per lb-.
Stocks in the United Kingdomf-thous. of lb._
14, 331
20, 795
20,158
17, 241
28, 074
38, 263
937
499
1,032
437
940
1,097
568
901
1,174
669
904
1,090
603
970
1,192
642
920
1,230
684
798
1,447
1,289
687
889 I
687
1,454
1,370
1,563
1,233
654
1,365
.094
915
.070
947
.078
1,115
.082
1,016
.081
1,238
.081
1,124
.085
1,293
.039
1,459 I 1,437
.093
1,166
.093
1,096
8,030
903
7,884
7, 754
953
7,905
862
7,815
690
7,822
768
844
741
376
28,918
1,133
8,111
1,015
948
523
31,421
1,707
1,566
1,375
1,209
1,009
317, 787
406,144
371,268
307,639
277,352
.034
.037
.037
.037
.036
153, 554
219, 935
305, 460
158,756
305,937
402,960
146,418
268,453
450,122
4,034
.055
.046
3,545
.054
.049
4,968
.055
.047
111, 968 128,439
103,264 217,897
390,794 323,843
5,971
.055
.047
5,647
.054
.047
34,249
7,954
851
1,336
260, 661 230, 213 215,168
.038
.034
7, 993 8,016
975
2,221
2,187
1,929
230, 650 313, 517 510,489
554,121
425,137
.035
.034
180, 985 232, 622
386,962 412, 827
168,499 141,418
234, 875
326, 885
242,055
5,680
.056
.047
7,736
.056
.047
.039
.036
76, 682 45,159
70,839
50, 015 117,279
82, 527 102, 207 95,833 189,647 222,734
273, 200 215, 500 123, 283 160,119 220,147
7,198
.054
.046
5,185
.052
.046
3,696
.053
.047
4,567
.054
.049
6,137
. 055
. 049
.035
6, 664
.055
.047
16,130
16,445
11,016
2,189
4,896
3,872
1,116
6,117
15,775
19,187
16,110
18, 716
31,755
7,905
37,503
2,661
30, 251
5,668
17, 615
2,108
21,539
2,393
12, 735
1,121
8,104
91
19, 542
2,866
10,834
590
16,583
2,966
91, 546 325, 496
4,623 48, 208
47,814
13, 383
7,373
5,172
5,996
6,312
9,727
5,710
8,158
7,544
9,370
.275
148, 669
.275
.275
.275
219, 049 206, 567 217,461
6,693
9,567
.275
.275
.275
.275
.275
.275
.275
220, 958 227, 395 236, 037 234, 464 225, 444 205, 569 189,496
.275
174, 343
.275
148, 013
20, 819
MISCELLANEOUS FOOD PRODUCTS
Candy, sales by manufacturers..thous. of dol_.
Fish:
Landings, fresh fish, prin. ports_thous. of lb
Salmon, canned, shipments
cases.Stocks, total, cold storage, 15th of month
thous. of lb_.
Gelatin, edible:*
Monthly report for 7 companies:
Production
_
-thous. of l b . .
Shipments
do
Stocks
do
Quarterly report for 11 companies:
Production
thous. of lb_»
Stocks
_
do
21, 814
20, 638
12,064
17,603
30,033
31,163
30,328
30, 567
26, 260
22, 940
45, 572 44, 345 45, 390 42,821
45,092
325,882 565,701 1,195,502 1,747,920 596,139
41,129
66,100
32,792
24,256 I 27,153
34,964
45, 597 352,432 1,198,620 860,551
35, 596
313, 110
25,068
24,468
48,169
46, 230
62,551
76.076
84, 698
86.145
92, 702
94, 695
87, 503
69, 629
1,392
1,461
5,690
1,270
1,243
6,328
1,228
477
1,163
763
1,114
5,042
1,078
1,280
4,840
1,417
982
5,275
1,297
1,175
5,397
1,386
1,183
5,599
1,445
1,355
5,689
6,127
8,421
5,656
8.853
3,701
7,317
TOBACCO
Leaf:
24, 034 20,477 20,887 26,946 48,167
Exports
thous. of lb.
5,793
5,815
6,231
Imports, unmnfrd., incl. scrap
do
7,907
5,977
Production (cropestimate)
. . d o . . . '1,420,943
Stocks, total, Incl. imported types, end of
2,175,266
2,146,600
quarter
thous. of lb._
1,717,132
1,729,515
Flue-cured, fire-cured, and air-cured-do
342,766
371,956
Cigar types
do
Manufactured products:
Consumption (tax-paid withdrawals):
14,342
14,801
13,430
Small cigarettes
millions.. 14, 259 14,009
Large cigars
thousands- 472, 404 452,312 482,448 445,976 489,293
Manufactured tobacco and snuff
26,756 30,096
thous. of lb_. 28, 730 29,474 31,326
Exports, cigarettes
thousands.. 477,167 366,128 380,153 452,731 371,146
Prices, wholesale:
5.380
5.380
5.380
5.380
5.513
Cigarettes
dol. per 1,000..
46. 056 45.996 45.996 45.996 45.996
Cigars
do.
5,368
7,958
66, 238
6,129
49,453
4,697
51, 588 ' 42, 957 r 40, 589
1,551
1,797
5,442
1,599
1,342
5,699
1,436
1,377
5,759
24, 001
7,908
29,146
7,373
6,311
8,200
35,921
5,877
41, 463
4,162
'1,153,083
24,052
6,057
2,209,842
1,831,451
313,607
26,732
5,711
2,276,038
1,812,288
375, 306
13,204
551,114
11, 557 13, 246 13, 436 12,328
489,180 371, 231 356,996 362,935
12, 792 12,210
466,831 453, 008
13, 070
430, 628
32,046
297,358
26,611
361,836
26, 302 25, 759 26,444
513, 538 463,017 499,483
27, 557
510,511
5.380
45. 996
5.380
45. 996
30,028
31,084
488, 721 481, 754
5.513
5.513
46.056
46.020
5.380
45.996
I
5. 435
45.996
5.513
45.996
5.513
46. 056
6
e
••Revised,
Dec. 1 estimate.
Not available.
*The quarterly report is complete for the industry; the new monthly data are for 7 companies. For data for period 1930-36, see table 8, p 20, of the February 1937 issue.
t Revised series. Series revised for 1913-36. See table 32, p. 20 of this issue.
i Discontinued by reporting source.
• July 1 estimate.
Monthly statistics through December 1935, together with explanatory notes and references
to the sources of the data may be found in
the 1936 Supplement to the Survey
45
SUEVEY OF CURRENT BUSINESS
August 1937
June
1937
1936
1937
June
July
August SeptemOctober
ber
Decem- January February
ber
ber
March
April
May
FUELS AND BYPRODUCTS
Anthracite:
COAL
Exports
thous. of long tons..
136
Prices, composite, chestnut:
Retail*
dol. per short ton..
Wholesale
do
8.973
Productionf
thous. of short tons.. v 4,471
Shipments
do
4,040
Stocks, end of month:
In producers' storage yards
do
929
In selected retail dealers' yards
number of days' supply..
93
Bituminous:
Industrial consumption, total
thous. of short tons.. 27, 504
439
Beehive coke ovens
do
Byproduct coke ovens
do
5,788
Cement mills
do
476
122
Coal-gas retorts
do
3, 650
Electric power utilities
do
Railways (class I)._
do
6,661
968
Steel and rolling mills
do
Other industrial.
do
9,400
Other consumption:
162
Vessels (bunker)
thous. of long tons..
263
Coal mine fuel
thous. of short tons..
1,388
Exports
thous. of long tons..
Prices:
Retail, composite, 38 cities
dol. per short ton..
Wholesale:
4.318
Mine run, composite.—
do
4.422
Prepared sizes, composite
do
v
31,
560
Production!
thous. of short tons..
Stocks, industrial and retail dealers, end of
43,
278
month, total.
thous. of short tons..
37, 078
Industrial, total
do
7,770
Byproduct coke ovens
do
429
Cement mills
do
243
Coal-gas retorts
_
do
8,400
Electric power utilities
do
7,107
Railways (class I)._.
do
1,539
Steel and rolling mills
.do
11, 590
Other industrial
do
Retail dealers, total
...do
COKE
Exports
thous. oflongtons..
Price, beehive, Connellsville (furnace)
dol. per short ton..
Production:
Beehive
thous. of short tons.
Byproduct
do
Petroleum coke
do
Stocks, end of month:
Byproduct plants, total
do
At furnace plants
_
do
At merchant plants
do
Petroleum coke
_
_.
do
126
100
9.914
4,334
3,783
"9."327"
4,306
3,516
1,240
55
59
24,052
148
5,325
472
154
3,153
6,255
1,045
7,500
122
260
914
24,950
177
5,332
507
148
3,564
6,501
1,011
7,710
129
263
172
9.827
4,025
3,674
9.824
3,368
3,042
11.82
9.415
4,781
4,235
"8.749
6,736
5,981
8.953
4,207
3,791
1,409
1,001
531
407
174
419
38
37
26
31
49
31,995
417
6,242
418
157
3,759
8,229
1,283
11,490
31,409
435
6,262
327
157
3,586
8,140
1,222
11,280
30,146 • 33, 293 30,452
490
568
468
6,453
6,247
5,738
'422
450
302
143
144
' 152
3,294
3,213 ' 3, 590
7, 472
7,722 ' 8,404
1,226
1,219 ' 1, 374
11, 340 • 12, 330 11,130
142
106
113
217
351
'427
392
871
474
29, 377
520
6,434
494
140
3,286
7,220
1,153
10,130
132
371
494
124
283
1,035
122
128
341
344
8.53
4.289
4.227
4.303 I 4.346
29,217 | 32,005
4.218
4.497
40,940
28,753
22, 953
4,565
250
245
5,548
4,351
874
7,120
5,800
43,499
35, 026
8,535
263
295
7,162
6,847
1,264
10,660
8.473
35,390
8,031
307
274
7,570
7,354
1,374
10,480
(l)
64, 825
35,476
258, 685
51, 691
206,994
1,521
0)
1,356
4,522
1,868
.765
4.235
4.490
51,315
4.301
4.494
26, 010
4.306
4.436
29,980
46, 785
0)
38, 574 • 45,153
8,687
9, 638
357
'546
267
'278
7,922
8,717
8,589 • 11,056
1,602 ' 1,898
11,150
13.020
8,000
39, 721
8,544
464
255
8.504
8,206
1,748
12,000
38,169
8,188
397
249
8,446
7,391
1,588
11, 910
4.236
4.510
42,110
0)
44
27
26
24
29
41
3.938
4.000
4.000
4.131
4.481
4,825
261
4,348
109
272
4,358
102
1,533
464
1,069
384
355
4,495
107
1,254
467
787
403
306
4,349
102
1,473
570
903
412
325
* 4,479
110
1,684
487
1,197
389
292
3,991
92
1,307
446
861
380
93,051
3,001
94,179
945
84,984
94,400
2,199
93,573
2,512
100, 452
2,635
1.040
97,652
80
1.125
98,567
80
1,160
93,173
79
1.160
1.160
106, 724 104, 979
81
79
1.160
110,911
83
63,768
62,110 61, 374
33,417 32. 969 33, 253
248,474 256, 506 263,137
39,901
42, 360 45,134
208,573 214,146 218,003
1, 366
1,815 r 1, 937
61, 685
33, 373
266,865
45, 885
220, 980
2,192
64,884
65,481
33, 535
34,189
246,409 245,168
49,823 • 39,008
196, 586 «206,160
1,448
1,580
64, 564
34,123
253,969
50, 469
203, 500
1,583
163
250
1,320
8.57
4.233
4.548
45,756
1,843
776
1,067
PETROLEUM AND PRODUCTS!
Crude petroleum:
i
Consumption (run to stills)...thous. of bbl__|
Imports
do
! 2,635
Price (Kansas-Oklahoma) at wells
dol. perbbl..! 1.160
Production
_
thous. of bbl__j
Refinery operations
pet. of capacity.. |
Stocks, end of month:
California:
Heavy crude and fuel
thous. of bbl__
Light crude
do
East of California, total
do
Refineries
do
Tank farms and pipelines
do
Wells completed
number..
Refined petroleum products:
Gas and fuel oils:
Consumption:
Electric power plantst
thous. of bbl__
Railways (class I)
do
Vessels (bunker)
do
j 3.395
Price, fuel oil (Oklahoma) ___dol. per bbL.i
. 913
Production:
Residual fuel oil
thous. of bb!
Gas oil and dist. fuels
do
,
Stocks, end of month:
|
Residual fuel oil, east of California
|
thous. of b b l - J . - . .
Gas oil and dist. fuels
do
j
Gasoline:
j
Consumption, domestic
thous. of bbL.j
Exports
do
| 2, 633
Price, wholesale:
:
Drums, delivered (New York)
j
dol. per gal..! (»)
Refinery (Oklahoma).._
do
|
.061
Price, service station, 50 cities
do
j
. 144
107
129
11.81
9.905
4,947
4,317
1,374 "
4,846
2,375
.775
r
1, 791
'706
' 1,035
399
1,774
5,077
2,540
.775
1,333
4,422
2,829
.844
1,208
4,720
3,186
.870
'898
4,451
3,175
.913
'815
4,343
3,209
.925
23, 671
11, 201
25, 670
11,875
25,453
13,319
22, 222
11, 206
25,081
11,005
23, 896
10, 674
26,015
11,158
20, 255
26,414
18, 718
22, 719
18, 392
19,088
16, 803
18,211
16, 325
16,724
17, 473
18,451
39,919
2,212
39,393
1,768
33, 696
2,505
32, 000
2,356
40, 561
2,101
15,944
16, 889
43, 409
2,322
45, 484
2,771
.130
.058
.145
.130
.057
.145
.130
. 060
.146
)
.061
.146
.150
.058
.141
.142
.057
*!«• 1
ins not SLIOWU in the March 1937 issue will be published in a subseSeries on consumption of gas and fuel oil in the production of electrie power revised for 1936. See p. 45 of the May 1937 issue.
« Data on stocks of crude petroleum east of California revised in January 1937, certain stocks formerly included in "tank farms and pipe lines" being transferred to
•'refineries." December 1936 figures comparable with those shown for January 1937 are, refineries, 39,912; tank farms and pipe lines, 206,497.
46
SURVEY OF CURRENT BUSINESS
Monthly statistics through December 1935, together with explanatory notes and references
to the sources of th» data may be found in
the 1936 Supplement to the Survey
1937
June
August 1937
1937
1936
June
Decem- January FebruAugust SeptemOctober November
ber
ber
ary
July
March
April
May
FUELS AND BYPRODUCTS—Continued
PETROLEUM AND PRODUCTS—Con.
Refined petroleum products—Continued.
Gasoline-^Continued.
Production:
At natural gas plants
thous. of bbl..
At refineries
_
do
Retail distribution^
thous. of gal..
Stocks, end of month:
Finished gasoline, total.._thous. of bbl..
At refineries-do
Natural gasoline
do
Kerosene:
Consumption, domestic
thous. of bbl..
Exports
_
do
Price, water white 47, refinery, (Pennsylvania)—
_dol. per gal..
Production
thous. of bbl..
Stocks, refinery, end of month_
do
Lubricants:
Consumption, domestic
do
Price, cylinder, refinery (Pennsylvania)
dol. per gal.
Production
thous, of bbl..
Stocks, refinery, end of month..
do
Asphalt:
Imports
thous. of short tons..
Production
_.
do
Stocks, refinery, end of month
do
Wax:
Production
thous. of l b .
Stocks, refinery, end of month
do
3.355
3,217
3,507
3,584
3,830
3,816
3,965
44,024
41, 612
43,500
43,138
44,568
45,887
44,658
,789,356 1,926,411 1,890,846 1,815,342 1,796,605 1,649,380 1,622,953
.050
.195
3,732
3,565
3,908
3,911
43, 630
40,782
44,621
44,475
1,314,492 1,306,303 1,648,097 1,718,236
3,988
46, 769
60, 519
39,050
5,829
55,922
35,062
5,846
53,040
33, 417
5,653
51,394
31,230
4,945
51, 238
31,936
4,555
52,509
33, 242
4,153
56,353
37, 057
4,055
64,293
44,144
4,032
71,453
50,919
4,290
74,171
52,887
4,799
73, 419
51, 474
5,292
3,075
664
3,019
474
3,218
607
4,305
4,370
565
4,943
841
6,148
666
5,297
4,226
805
4,786
437
4,465
762
.055
4,378
7,296
.052
4,455
8,228
.049
4,297
.050
4,428
8,217
.050
4,712
7,976
.050
4,788
6,966
.051
5,500
5,633
.052
5,923
5,622
.053
4,866
5,443
.053
5,187
5,396
.051
4,907
5,047
4,150
652
.050
5,343
5,576
1,969
2,123
1,851
2,059
1,911
1,938
1,821
1,763
1,518
2,490
2,224
2,078
.154
2,509
6,799
.155
2,626
6,620
.155
2,668
6,730
.155
2,567
6,544
.151
2,632
6,576
.150
2,653
6,628
.155
2,767
6,942
.160
2,649
7,168
.173
2,728
7,115
.190
2,863
6,771
.200
3,048
6,556
.200
3,141
6,478
3
407
546
1
426
488
1
491
468
305
2
475
302
1
344
330
2
244
0
226
444
5
184
445
5
284
497
1
330
528
4
413
547
38,920
117,362
34, 720
118, 257
35,000
116,888
34,440
113,359
42,840
113,049
42,840
119,307
41,160
115,434
41, 720
'107, 490
41, 720
109, 012
41, 720
104, 653
43,680
100,275
47,320
103, 614
72, 269
48,180
5,989
m
LEATHER AND PRODUCTS
HIDES AND SKINS
Imports, total hides and skins
thous. of lb_.
Calf and kip skins
do
Cattle hides
__do
Goatskins
do
Sheep and lamb skins
do
Livestock (inspected slaughter):
Calves
__
thous. of animals..
Cattle
___
_
do™.
Hogs
do—.
Sheep
_
do
Prices, wholesale (Chicago):
Packers, heavy steers
dol. per lb_.
Calfskins, packers', 8 to 15 lb
do....
29, 833
1,196
10,413
11,323
4,842
27,690
1,434
13,145
5,690
5,989
26,050
2,015
10,869
6,452
4,792
23,013
1,068
12,004
5,024
3,521
22, 442
1,967
9,429
5,183
4,354
20,617
1,571
7,325
5,593
4,077
23,838
1,421
12,465
4,368
4,172
29,722
2,393
14,142
6,552
4,705
23,363
1,575
10,554
5,791
2,375
27, 500
1,725
11,622
7,143
4,291
41,096
2,345
17,147
10, 746
7,205
33, 628
1,600
15,981
8,642
4,845
28, 750
2, 523
6,941
9,560
7,208
579
840
2,110
1,425
517
853
2,739
1,309
523
928
2,692
1,352
541
1,012
2,254
1,395
553
1,671
2,403
1,593
585
1,124
3,492
1,742
477
988
4,292
1,544
494
987
4,681
1,573
484
867
3,519
1,700
437
708
2,842
1,315
592
825
3,033
1,312
588
802
2,810
1,334
561
-•745
2,099
'1,371
.168
.216
.125
.177
.124
.170
.131
.174
.147
.172
.149
.177
.153
.201
.156
.215
.162
.228
.160
.213
.166
.241
.172
.242
M69
186
4,120
110
4,180
241
4,846
144
4,787
176
5,973
300
6,116
296
4,872
133
6,807
264
6,385
224
6,408
293
5,960
191
5,793
330
5,001
1,199
1,657
4,055
2,849
1,289
1,834
3,989
3,237
1,158
1,866
3,900
3,391
1,051
1,806
3,947
3,059
1,083
2,051
3,862
3,692
966
2,007
3,663
3,314
1,180
2,154
4,315
3,494
982
2,094
3,810
3,151
1,035
2,030
3,743
3,163
1,103
2,234
4,393
3,326
1,161
2,095
4,230
' 3,519
1,008
1,967
4,170
3,216
.430
.330
.330
.330
.350
.360
.370
.390
.400
.410
.418
.445
.450
.431
.378
.370
.372
.378
.379
.383
.399
.416
.419
.431
.442
.434
17,941
11,874
6,067
17, 687
11,676
6,011
17, 456
11,417
6,039
17,198
11,118
6,080
17,190
11,245
5,945
17, 436
11, 522
5,914
17,173
11,294
5,879
16,913
11, 214
5,699
16, 523
11,132
5,391
16, 296
11,164
5,132
r 15, 997
' 11,148
4,849
15,388
10,981
4,407
203, 250
220, 474
139,173
81,301
242, 741
153,229
89,512
245,115
156,140
88,975
274,853
179, 561
95, 292
242,106
152,627
89,479
206,559
119,049
87,510
183,109
104, 525
78,584
211,066
133, 897
77,169
225, 941
140, 592
85,349
230, 941
143, 544
87, 397
224, 581
136, 826
87. 755
.221
LEATHER
Exports:
Sole leather
thous. of lb_.
Upper leather
thous. of sq. ft..
Production:
Calf and kip
thous. of skins..
Cattle hides
„
thous. of hides..
Goat and kid
thous. of skins..
Sheep and lamb
do
Prices, wholesale:
Sole, oak, scoured backs (Boston)
dol. per lb_.
Upper chrome calf B grade, black, composite
dol. per sq. ft..
8tocks of cattle hides and leather, end of month,
total
thous. of equiv. hides..
In process and
finished
___do—
Raw__
do
LEATHER M A N U F A C T U R E S
Gloves and mittens:
P r o d u c t i o n ( c u t ) , total
dozen p a i r s . .
228, 650
Dress and semidress
do
142,299 126,406
76,844
Work
. d o . . . . 86,351
Shoes:
112
Exports
thous. of pairs..
90
Prices, wholesale, factory:
5.50
Men's black calf blucher..._dol. per pair..
6.00
4.50
Men's black calf oxford..
do
5.00
3.15
Women's colored blucher
do
| 3.35
Production:!
Total boots, shoes, and slippers
29,371
thous. of pairs.. 34,241
209
Athletic
do....
233
249
All fabric (satin, canvas, etc.)
do
j
527
246
Part fabric and part leather
do
584
23,562
High and low cut, total
_do.._. 27,133
1,311
Boys' and youths'
do
h 499
1,661
Infants'
do....
2, 043
2,379
Misses' and children's
do
i 2,913
7,574
Men's..
do
8,986
Women's.-do
4, 693 10, 638
Slippers and moccasins for house wear
3,801
thous. of pairs. _ 4,529
1,304
All other footwear
do
| 1,235
82
103
149
134
90
83
71
137
153
160
114
5.50
4.50
3.15
5.50
4.50
3.15
5.50
4.50
3.15
5.50
4.50
3.15
5.50
4.50
3.15
5.50
4.50
3.15
5.50
4.50
3.15
5.60
4.69
3.23
5.60
4.81
3.25
5.60
4.85
3.25
6.00
5.00
3.25
35, 678
217
144
190
29, 598
1,561
1,600
3,065
8,724
14, 648
40,668
221
147
231
33,851
1,567
1,720
3,467
9,297
17,801
40,975
204
165
255
33, 241
1,603
1,877
3,399
9,546
16,815
39,916
252
229
229
31,152
1,771
1,969
3,388
10,072
13,953
30, 343
216
303
187
22,171
1,376
1,753
2,676
8,381
7,984
33,381
258
239
463
26,841
1,459
1,890
3,123
9,266
11,103
36, 867
223
541
721
31,628
1,460
2,123
3,410
9,381
15,255
39,362
202
1,187
2,224
31,477
1,500
2,233
3,652
9,901
14,190
45, 946
259
1,420
2,557
35,865
1,710
2,537
3,987
11,232
16, 399
40,186
252
1,106
1,442
31, 407
1,551
2.333
3,418
9,951
14,153
35, 304
r
231
r 1, 070
r
1, 097
f
27,335
' 1,700
' 1, 938
' 2,987
' 8,697
r
12,012
4,590
938
5,308
911
6,146
964
7,163
891
6,628
838
4,449
1,131
2,435
1,318
2,843
1,430
4,003
1,841
4,169
1,808
' 4,131
r
1,439
f
* Revised.
HNumber of States reporting varies slightly from month-to-month, but the comparability of the series is not seriously affected.
° One company ceased reporting after December 1936. Figure for December 1936 comparable with January 1937 is 110,634.
fRevised series. Production of boots and shoes, for 1936 revisions see p. 46 of the March 1937 issue. Series on retail distribution of gasoline revised for 1935 and 1936.
Revisions not shown on p. 46 of the May 1937 Survey will appear in a subsequent issue.
47
SURVEY OF CURRENT BUSINESS
August 1937
Monthly statistics through December 1935, together with explanatory notes and references
to the sources of the data may be found in
the 1936 Supplement to the Survey
1936
1937
June
June
July
1937
DecemOctober NovemAugust September
ber
ber
January
February
March
April
May
LUMBER AND MANUFACTURES
LUMBER-ALL TYPES
Exports (boards, planks, etc.)
M ft. b. m . 107, 661
83,255
National Lumber Mfgrs. Assn.f
2,472
2,052
Production, total
mill. ft. b. m .
337
328
Hardwoods
do
2,135 - 1,725
Softwoods
do___
1,972
2,138
Shipments, total
„
do.__
309
274
Hardwoods
.
do
1,663
1,864
Softwoods
do—_
7,113
7,656
Stocks, gross, end of month, total
do
1,845
1,884
Hardwoods
do_._
5,268
5,772
Softwoods
do
Retail movement (yard):
Ninth Federal Reserve District:
Sales
_
M ft. b. m . 13, 249 ' 13, 258
86, 035 '77,017
Stocks, end of month
do...
Tenth Federal Reserve District:
2,876
3,437
Sales
do__.
32,918
32,459
Stocks, end of m o n t h . .
do...
95,230
85,813
82, 409
89, 934
62,036
51,803
63,169
84, 644
112,807
99, 663
129, 315
2,218
337
1,881
2,056
315
1,742
7.265
1,866
5,399
2,171
348
1,823
2,005
331
1,674
7,419
1,883
5,536
2,151
351
1,800
2,122
342
1,781
7,438
1,876
5,562
2,352
351
2,001
2,327
356
1,972
7,463
1,870
5,593
1,816
314
1,502
1,751
340
1,411
7,512
1,842
5,670
1,827
311
1,516
1,899
319
1,581
7,432
1,816
5,616
1,571
301
1,270
1,813
359
1,454
7.619
1,895
5,724
1,597
270
1,327
2,051
377
1,674
7,195
1,810
5,385
2,154
332
1,821
2,168
338
1,830
2,169
342
1,827
7,106
1,810
5,296
'2,319
327
1,991
2,088
'307
1,781
7,328
' 1,826
5,502
11,827
77,764
12,042
74,909
12,842
72,208
14,355
67,785
10,726
63,934
4,785
67, 976
4,264
79,170
2,765
86,554
4,652
89, 716
6,919
3,840
31,894
4,137
31,445
3,536
31,349
4,648
30, 756
3,991
30,197
3,408
31, 299
2,047
32,079
1,990
32,811
2,566
33, 319
32, 769
10, 082
88, 887
3,346
33, 014
2,298
359
1,939
7,108
1,813
5,295
FLOORING
Maple, beech, and birch:
Orders:
New
Unfilled, end of month
Production
Shipments
_
Stocks, end of month
Oak:
Orders:
New
Unfilled, end of month
Production
Shipments
Stocks, end of month
M ft. b. m .
_do.__
do...
do...
do...
5,850
13,850
9,200
8,800
20,400
6,500
14, 600
6,200
7,850
22,350
7,050
13,000
7,000
9,000
20,500
8,300
12, 400
7,900
8,500
21,000
10,100
13, 600
8,600
9,000
21,000
7,400
12,600
9,000
8,500
21,500
6,800
12,900
7,350
7,050
22,500
15, 500
19, 700
8,100
8,900
21, 700
8,900
21,300
7,300
8,100
20,800
9,600
21,000
7, 600
9,300
19,600
10, 346
21, 015
9,746
10, 348
18, 757
8,803
20, 224
9,906
9,475
19, 550
5,800
17, 200
8,300
8,500
19,800
do...
do
do.
do.
do
20, 458
33, 682
30, 637
25, 489
71, 894
30, 576
27, 523
32,031
31,617
62,069
29, 463
26, 863
32,980
30,123
64,926
32,953
29,408
30,872
30,408
65,390
40, 671
36,647
32,378
33,432
64,336
39,210
41,922
33,864
33,935
64, 265
56, 471
68, 405
31,752
29,988
66,029
41,589
74,116
35, 489
35,878
65, 640
30,569
65,838
34,012
38,847
60,805
26,409
57,856
31,853
34,391
58,267
29, 737
51, 166
39,006
36, 427
60, 846
28, 399
44, 312
37, 370
35, 253
62, 763
24,856
38, 713
34,438
30, 455
66, 746
39,959
37, 529
32,063
23. 629
27, 670
19, 456
28,920
31,776
21, 248
22, 625
2,509
1,465
3, 505
62
1,723
52
12, 750
8, 522
31, 397
31, 248
11, 042
49,339
19,811
22. 050
27,331
18,312
20.090
20.090
19. 845
19.502
19. 600
19. 600
20. 286
20.825
21. 560
21.854
22. 050
44.100
42.728
41.160
40.180
40.064
41.160
41.160
42. 532
43. 610
45.080
45.080
45. 080
26,823
5,442
22,826
6,358
25,463
5,137
19,836
4,224
19,955
6,587
24,797
4,213
25,322
4,310
17, 822
5,573
25,265
5,163
32,184
4,978
25, 813
6,941
27, 751
7,050
32,813
6,766
475
334
561
329
604
324
693
384
645
374
691
374
676
409
796
509
696
535
612
464
570
409
572
391
529
359
44.69
644
500
2,026
37.37
586
591
1,550
36.52
634
609
1,575
36.61
628
633
1,570
37.29
640
655
1,555
38.31
671
691
1,535
38.59
661
641
1,555
39.28
671
696
1,530
41.68
584
659
1,730
44.56
595
683
1,642
46.22
676
590
1,778
45.69
665
561
1,882
365
302
382
324
379
335
468
361
428
321
455
325
393
329
429
442
327
445
334
423
411
411
448
393
403
359
28.69
570
405
1,651
23.82
466
384
1,577
23.78
491
381
1,687
23.79
516
397
1,806
23.92
477
424
1,859
23.91
471
454
1,876
24.28
365
362
1,879
24.46
264
351
1,792
25.77
179
314
1,657
26.80
163
311
1,509
28.05
297
395
1,411
28.86
392
402
1, 401
28.91
522
437
1,486
607
591
750
803
469
415
513
524
1,199
572
393
594
594
1,199
558
462
515
490
1,225
530
452
516
539
1,202
726
520
679
658
1,223
418
661
336
277
1,282
642
907
444
397
1,329
440
1,021
354
326
1,357
424
926
422
519
1,260
714
908
684
732
1,211
643
884
599
667
1,143
531
786
637
629
1,151
251
779
326
422
29,813
39, 251
38, 700
37, 433
30,603
37,172
35,434
30,992
32, 201
36,608
38,939
33, 477
34,426
33,781
38,928
36,390
34, 327
33,000
41,884
33,814
32, 668
39, 873
34, 564
25, 998
45, 013
60, 503
31,119
24, 382
48, 393
81, 663
35,108
27, 622
32,142
80, 281
34, 791
33,435
39, 437
74, 421
39, 783
43, 870
34, 570
74, 645
38,911
36, 766
34. 746
69, 882
40,811
38, (368
78.5
65.0
68.0
74.0
81.0
86.0
85.0
82.0
81.5
81.5
84.5
84.5
80.5
7.0
14
5.0
12
3.5
23
3.0
21
5.0
23
5.0
20
5.0
26
10.5
15
5.0
29
5.5
18
7.0
21
9.0
16
6.0
24
35
17
25
30
33
33
39
31
44
40
38
29
75.0
14
21
58.0
11
25
60.5
15
25
63.5
16
30
73.0
18
31
76.0
19
30
78.5
17
31
77.0
19
30
78.5
16
31
83.0
18
33
32
84.0
82.5
20
16
30
78.0
15
82.4
98.4
87.6
95.4
67.5
84.0
83.5
87.5
67.9
84.0
83.5
87.5
70.4
84.0
83.5
87.5
71.1
84.0
83.5
87.5
70.5
85.5
83.5
87.5
71.7
85.5
83.5
88.9
76.0
85.5
83.5
88.9
76.6
97.0
82.5
94.0
78.2
97.0
82.5
94.0
78.2
97.0
87.6
94.0
78.5
98.4
87.6
95.4
78.5
98.4
87.6
95.4
SOFTWOODS
Fir, Douglas:
Exports:
Lumber..
M ft. b . m._
Timber
do
Prices, wholesale:*
No. 1, common boards.dol. per M ft. b . m__
Flooring, 1 x 4 , " B " and better, v. g.
dol. per M ft. b . m._
Southern pine:f
Exports:
Lumber
M ft. b . m_.
Timber
do
Orders:
New
mill. ft. b . m .
Unfilled, end of month
do
Price, wholesale, flooring
dol. per M ft. b . m__
Production
mill. ft. b . m .
Shipments
do
Stocks, end of month
do
Western pine:t
Orders:
New
do
Unfilled, end of month
do
Price, wholesale, Ponderosa pine, 1 x 8 no. 2,
common (f. o. b. mills)-dol. per M ft. b . m__
Production
mill. ft. b . m__
Shipments
_do.
Stocks, end of m o n t h .
do
West Coast w o o d s i
Orders:
New
_._
mill. ft. b . m._
Unfilled, end of month..
do
Production. _
do
Shipments
do
Stocks, end of m o n t h .
__do
Redwood, California:
Orders:
New
M ft. b. m_.
Unfilled, end of month
do
Production
do.
Shipments
do.
FURNITURE
All districts:
Plant operations
percent of normal..
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, wooden
1926=100..
Dining-room chairs, set of 6__
.do
Kitchen cabinets
do
Living-room davenports
do
Steel furniture (See Iron and Steel Section).
29,
56,
44,
40,
46.49
675
625
1, 692
r
Revised.
t Revised series. For 1935 and 1936 revisions, see table 16, total lumber and table 17, Southern pine and Western pine lumber, p. 20 of the April 1937 issue.
•
New series; for data for period 1922-36 see table 7, p. 19 of the February 1937 issue.
1 Data for April, July,October ana December 1936 and March and June 1937 are for 5 weeks; other months, 4 weeks.
39,477
22. 050
45. 080
SURVEY OF CURRENT BUSINESS
48
Monthly statistics through December 1935, together with explanatory notes and references
to the sources of the data may be found in
the 1936 Supplement to the Survey
1937
June
August 1937
1936
June
July
1937
Decem- January
October NovemAugust September
ber
ber
February
March
1
April i May
METALS AND MANUFACTURES
IRON AND STEEL
Foreign trade, iron and steel:
Exports (domestic)__,.
long tons.
Imports
do
Price, iron and steel, composite
dol. per long ton..
Ore
Iron ore (Lake Superior dist.):
Consumption by furnaces
thous. of long tons..
Shipments from upper lake ports
do
Receipts:
Lake Erie ports and furnaces
do
Other lower lake ports
do
Stocks, end of month, total
do
At furnaces
_
do
Lake Erie docks
do
Imports
...do
Manganese ore, imports (manganese content)
thous. of long tons..
201, 512 291, 079 570,669
43,063
41,628 51, 702
294, 954
59, 910
296, 747
47,940
295,346
60,697
235,777
59, 993
261,897
64,509
39.82
32.79
33.49
33.88
34.15
34.63
34.65
35.15
36.55
36.74
39.92
40.39 |
4,640
10,108
3,763
3,826
7,160
3,969
7,444
4,027
7,481
4,385
7,301
4,269
3,758
4,551
0
0
4,443
0
5,142
0
5,114
3,771 |
7,562
2,293
24, 395
21, 066
3,329
198
4,692
1,931
21,954
17,909
4,045
170
5,064
2,148
25, 211
21,194
4,017
198
5,120
2,005
28,158
24,008
4,150
234
5,383
1,904
31,978
27,555
4,422
258
1,
35,156
30, 377
4,780
193
3,014
1,430
35,378
30,460
4,918
204
62
37
31, 402
27, 022
4,380
189
0
0
26,747
22,986
3,761
186
0
0
22,418
19,081
3,337
210
0
0
17,437
14, 585
2,852
215
33
29
21
41
36
40
37
48
29
20
41
43,141
54, 026
64.8
56,921
42,848
43, 766
53.9
46,489
41,031
44, 413
53.3
46,158
45,179
42, 253
52.0
35,554
44, 361
46,552
57.0
40,194
55, 521
51,778
61.9
48, 338
58,152
50,934
62.3
50,041
67, 035
61, 674
73.5
57, 609
54, 070
53,638
67.4
51, 754
60,187
57, 295
72.0
55, 742
68, 502
67, 559
82.2
67, 262
62,940
46,018
63,377 I 55,960
78.2 j
69.6
62,905 ! 57,327
85,
83,
720
146
88, 075
148
94,140
155
97, 740
161
99, 205 102,195
170
164
104, 060 108, 720 112,970
182
176
170
103, 960
114,665
170
187
23.50 I 23.50
24.06 ! 24.06
203, 302 244,186
52,484
61,970
671, 777
68,197
969,191
49,050
40.06
5,340
10,044
1,830 I 6,695
770 i 3,241
14, 632
18,800
12, 295
16, 255
2,337
2,544
197
215
(a)
55
Pig Iron and Iron Manufactures
Castings, malleable:
Orders, new
short tons..
Production
do
Percent of capacity
Shipments
short tons..
Pig iron:
Furnaces in blast, end of month:
Capacity
long fons per day..
Number
j
Prices, wholesale:
i
Basic (valley furnace)...dol. per long ton..;
Composite
do i
Foundry, no. 2, northern (Pitts.)
i
dol. per long ton..!
Production.
thous. of long tons..!
Cast-iron boilers and radiators:
j
Boilers, round:
Production
.thous. of lb..|
Shipments
do i
Stocks, end of month—
do |
Boilers, square:
j
Production
-do 1
Shipments..
do •
Stocks, end of month
do—, i
Radiators:
Convection type:
Sales, Incl. heating elements, cabinets,
and grilles
thous. sq. ft. heating surface..
Ordinary type:
|
Production
_
do j
Shipments
do j
Stocks, end of mo
do j
Boilers, range, galvanized:
I
Orders:
!
New
number of boilers..!
Unfilled, end of mo., total
do ;
Production
do j
Shipments
do j
Stocks, end of month
..do j
Boiler and pipe
fittings:
|
Cast iron:
j
Production
short tons..|
Shipments
do j
Malleable:
!
Production
..do.
Shipments
do.
105, 975
181
405
145
23. 50
24.06
19.00
19.96
19.00
19.96
19.00
19.86
19.00
19.80
19.00
19.80
19.25
20.00
20.00
20.82
20.50
21.30
20.75
21.44
23.10
23.80
25.89
3,108
21.39
2,586
21.39
2,594
21.39
2,712
21.39
2,730
21.39
2,992
21.64
2,947
22.39
3,115
22.89
3,212
23.14
2,999
25.49
3, 459
25.89
3,392
25.89
3,537
1,893
2,130
34, 278
3,339
3,195
41,160
3,066
3,905
40, 314
3,020
3,634
39, 723
4,793
5,809
38, 706
4,256
8,633
34, 338
2,748
5,202
31,681
2,584
3,562
29, 965
3,123
2,244
30, 090
3,689
1,897
31,857
3, 855
2,131
33, 800
2,835
1,808
32, 953
2,430
1, 622
33, 731
20,197
15,252
186, 531
21, 625
19, 523
143, 991
24,867
29,200
139, 619
27, 265
24, 658
142, 225
29,062
33, 549
137, 671
32, 748
45,960
123,005
22,992
28,642
122,143
750
789
656
633
427
478
465
4,538
5,360
48,371
5,931
5,590
40,179
6,821
8,027
39, 223
7,487
7,785
39, 246
7,917
9,190
38, 216
9,914
12, 452
35,990
7,111
9,475
34,032
7,689
7,444
33, 020
7,180
4,572
37, 069
7,692
3,613
41,210
7, 669
4,343
44, 609
7, 797
4, 624
48,003
5,266
4,416
48, 972
39, 210
24,453
49, 076
52,123
39, 724
73, 967
27, 279
74, 242
72,921
38,161
115,834
64, 671
80, 036
78, 442
39, 755
89,192
50,064
103, 208
103, 799
39,164
91,142
44, 518
96, 757
96, 688
39, 233
60,149
151,230 91,317 129, 644 122,930
57,842 39, 310 83, 949 103, 694 56,498
133, 848 111,534 91, 451 100, 364 106,168
137,906 109. 849 85, 028 103,185 107.345
36, 860 43, 326 40, 505 39, 622
35,175
$6, 439
51, 418
94, 899
91, 519
43, 002
85, 720
56,132
80, 393
81, 096
42, 389
37, 099
37, 366
56, 247
55, 865
42, 771
7,472
6,177
5,981
6,132
6,414
7,690
7,160
9,529
8,211
9,613
10,170
8,902
8,134
9,193
7,365
8,818
8,542
8,693
8,719
10, 432
9,520
9,093
8,265
6,426
5, 610
4, 350
4,173
4,202
4,233
4,404
4,225
5,697
5,200
5,454
5,639
5,794
5,270
4,618
5,601
4,584
5, 544
5,952
5,922
6,338
6,586
6,095
6,965
6,864
5,907
4, 661
212.11
221.80
221. 80
221. 95
222.12
222. 35
222. 47
223. 86
224. 82
226.91 ! 227.97
227. 96
1,105,921 1,119,943 1,139,842 1,025,742 1,255,817 940,668
257,132 235, 617 201, 245 257,344 319, 452 224,042
355,827 287,987 325,894 240, 369 306, 329 228, 077
1,087,682 1,192,520 1,298,152 911,011 1,109,110 1,003,919
285,935 316,116 295, 440 214, 742 285,187 263,992
310, 583 338, 500 385. 569 221,318 320, 743 260,120
892,149
171,884
208,908
964, 995
230, 595
232, 766
613
803
755
23, 821 24,084
24,497
25, 653
19, 765 13,616
11,306
13,917
125,090 135, 356 148, 420 159,185
27,129 j 23,143
14,345 • 12,710
170,516 i 180,844
613
Sanitary Ware
Plumbing and heating equipment, wholesale
price (8 pieces)
dollars..
Porcelain enameled fiatwear:
Orders, new, total
.do—
Signs
.do
Table tops
...do....
Shipments, total
do—
Signs
do
Table tops.
...do....
951,022 1.027,198
284,068 292, 762
210,834 294,246
978, 254 1,055,713
284, 574 298, 549
234, 884 310,063
1,274,780
283, 278
357, 772
1,179,518
258, 868
298, 690
1,363,901 1,183,901
303, 653 253,141
312, 672 223, 031
1,293.326 1,238,476
264, 390 299, 389
358, 622 242, 862
Steel, Crude a n d Semimanufactured
Castings, steel:
68, 688
95, 693 158, 079 99, 672
56,877
59, 431 76, 394 159, 430 114,959
74,011
59,393
94. 345
Orders, new, total.
short tons.. 71.817
83.6
57.6
132.6
80.2
96.4
60.2
133.7
64.1
47.7
49.8
62.1
49.8
79.1
Percent of capacity
24, 458
51, 908 86, 557 41, 995
85. 076 62,102
34,443
21, 455
17, 962 35f714
16, 686
52, 466
Railway specialties..
short tons.. 31,460
105,475
!
95,
995
111,525
92,
678
89,
649
83,
615
101, 239
78,654
81, 574
74, 775 68,874
76, 617
70, 323
Production, total
do
88.4 !
80.5
93.5
77.7
75.2
70.1
66.0
68.4
84.9
62.7
57.8
64.2
59.0
Percent of capacity
45,896
!
40,
998
42,849
50,
911
40,
867
34,858
36,826
30, 006 28, 094 35, 309
34, 304
30,802
Railway specialties..
short tons.. 44,462
Ingots, steel: f
5,072
i
5,154
4,414
5,217
I
4,725
4,424
4.184
4,151
4, 534
4, 323
4,184
3,914
3,976
Production
thous. of long tons..
91
74
73
73
89 '
69
68
Percent of capacity^
83
76 !
79
Bars, steel, cold finished, shipments
52,467 I 60,363 j 65,668 84,858 i 73,951 ; 02,329
44,382
41,049 ! 47,105 i 41,638
39, 931
41,178
short tons..
r
Revised.
° Less than 500 tons.
t Data revised for 1936. See p. 48 of the June 1937 issue.
If Beginning January 1937, the American Iron and Steel Institute computes the percent of capacity on a weekly average basis, with no allowance for bundays or holidays;
the figure shown here will be carried forward on the old basis (which relates daily average output to daily average capacity with allowance for Sundays, July 4, and unnstmas)
in order to keep the series comparable.
Monthly statistics through December 1935, together with explanatory notes and references
to the sources of the data may be found in the
1936 Supplement to the Survey
49
SURVEY OF CURRENT BUSINESS
August 1937
1937
June
1936
June
July
August SeptemOctober November
ber
1937
De m
£ '
January
February
March
April
May
METALS AND MANUFACTURES—Continued
IRON AND STEEL-Continued
Steel, Crude and Semimanufactured—
Continued
Prices, wholesale:
Composite,finishedsteel
dol. per lb__ 0. 0290
0.0242
0.0257 i 0.0258 i 0.0283
0.0290 ! 0.0290
.0246
0. 0246
0.0236
0.0242 0. 0241
0. 0252
Steel billets, rerolling (Pittsburgh)
dol. per long t o n - 37.00
37.00
28.00
30.00
34.00
30.00
32.00
34.00
37.00
30.40
32.00
36. 40
32.40
Structural steel (Pittsburgh)
dol. per lb__
.0225
.0225
.0181
.0190
. 0190
.0205
.0190
.0190
.0205
.0221
.0225
.0190
.0199
Steel scrap (Chicago)
dol. per gross ton__
17.38
15.95
12.85
15.19
18.06
20.85
13.38
16.25
16.50
19.44
20.56
16.15
17.15
U. S. Steel Corporation:
Earnings, net
thous. of dol
52, 394
27, 996
28,967
I
j 35,365
!
. - 44, 010
Shipments,finishedproducts
long tons.. 1,268,550 886,065 950,851 923, 703 961,803 1,007,417 | 882,643 1,067,365 1,149,918 |1,133,724 1,414,399 1,343,644 1, 304,039
Steel, Manufactured Products
Barrels, steel:
j
419, 786
Orders, unfilled, end of month
number,. 836, 618 452,386 499,838 427, 583 456, 682 343, 347 351, 888 800,546 826,510 \ 623,803 722, 659 516, 975
828, 300 626,599 677, 462 515, 380 697, 783 835,177 653,971 804,526 824,073 I 622,338 855,889 851, 681
684, 356
Production
do
61.6
48.6
50.9
46.8
50.6
38.4
51.9
59.9 ! 61. 2 |
46.3 63.6
62.1
63.2
Percent of capacity
686,144
Shipments
number__ 832, 076 627,065 672,974 518, 795 694, 331 836,983 ! 658,103 793,670 I 825,406 | 627,755 853, 625 851, 112
19, 019
24,014 24,583
22, 795
19,133
23,621
20, 206 23, 658 21,852 ! 17,720
28,500 I 27,167 j 21,750
Stocks, end of month
do
Boilers, steel, new orders:
1,131
719
892
1, 006
1,110
1,081
937
651 !
674
855
1,516
969
1,872 !
Area
.thous. of sq. ft..
1,049
1,091
1,140
1,233
1, 343
757
832
1,201
915 i
755
Quantity
number..
837
682 j
Furniture, steel:
Office furniture:
Orders:
1,565
1,734
2,444
1,511 ! 1,517
1,587
2,601
2,079
r 1,916
1,841
2,788
2,227
New
-thous. of doL. 2,325
1,935
1,070
1,186
1,727
1,820
r 1,759
918 |
996
1,033
1,734
2,146
1,097
1,363
Unfilled, end of month
do
2,183
1,470
1,646
2,175
2.515
1,511
1,439
1,550
2,072
2,463
' 2, 302
1,777
2,113
Shipments
do
Shelving:
Orders:
570
697
-•503
448
448
459 !
574
394
433
599
728
436 ;
670
New
do
534
467
294
386
394
418
434
552
358
404
395 !
426
r 503
Unfilled, end of month
do
513
425
633
643
416
420
436
567
393
628
435
!
571
Shipments
do
Safes:
i
Orders:
(a)
(a)
224
205
195
238
192
197 j (a)
204
287 I
250
New
do
(a)
216
204
178
192
217
186 I
228
194
Unfilled, end of month...
do
(a)
(a)
209
226
220
240
203 ;
222 j
205
240 |
234
Shipments
do
)
199
420
281
246
289 !
201
247
430 i
299 i
242
268
Spring washers, shipments
do
267
Plate, fabricated steel, new orders, total
52,937
32,375 i 71,250 42,455 | »• 28,913
35, 033
31, 999
60,324
33,791 40, 465 51,017 | 41,419
short tons__ 34,833
9,041
31,239
21,861
9,446
6,368
13,186 !
13, 628
8,604
6,632
9,320 ! 10, 665
Oil storage tanks
do
7,271
Sheets, black, blue, galvanized, and full finished:
Orders:
261,439 192,873 207,781 255,557 223,195 294,080 336,758
CO
0)
()
New
short tons..
(0
0)
276, 551 263, 531 237,029 287, 746 281, 226 372, 407 456,811
0)
0)
Unfilled, end of month
.do
0)
0)
0)
0)
210,448 217, 651 202, 456 213, 706 235,057 224,031 230, 581
0)
0)
0)
Production, t o t a l . .
do
0)
0)
0)
69.2
66.5
70.2
71.5
78.7
0)
0)
Percent of capacity
82.6
0)
0)
84.7
0)
0)
1
203,853 213,372 197,156 204,285 223,874 212,130 244,409
0)
C)
Shipments
short tons..
0)
0)
0)
136, 605 138,884 141,328 137,556 133, 370 128,906 132,432
0)
Stocks end of month, total
do
0)
0)
0)
75,912 72,603 79,451
71,367
0)
0)
)
Unsold stocks
do
(})
69,355 62, 938 59, 325
0)
0)
10,720
6,507
6,216
6,401
5,722
4,756
8,153
9,888
5,579
7,246
Track work, shipments
do
5,547
9,194
8,807
MACHINERY AND APPARATUS
Air-conditioning equipment:
Orders, new:
1,683
1,872
1,204
1,106
1,336
1,154
983
1,631
1,137
1, 044
960
Fan group
thous. of dol..
1,078
1,023
963
758
763
1,013
1, 279
711
Unit-heater group...
do
1,624
871
1,141
871
Electric overhead cranes:
Orders:
534
404
751
281
479
921 1,079
529
1,415 !
1,136 i 883
New
do
416
4,666
2,242
2,085 i 2,208
3,427
3,994
4,507
4,674 !
2,275
1, 999
Unfilled, end of month
do
2,472 j 2,893
1,908
416
749
692
566
387
578
728 I
Shipments
do
664
462
412
436
783
Electrical equipment. (See Nonferrous metals.)
Exports, machinery. (See Foreign trade.)
Foundry equipment:
Orders:
!
294.2
242. 0
145.4
228.2
208.3
141.4
159.6
249.5 i
161.0
190.9
283.3
New
1922-24 = 100174.4 | 200.4
408.5 |
152.1
372.8
365.4
376.8
130.8
144.5
162.8
380.0 i
333.3
319.6
Unfilled, end of month
do
174.0 i 223.4
285.6
137.2
232.1
232. 5
150.5
226.2
201.8 i
153.0
145.7
177.2
187.1
Shipments
__do
162.9 i 150.9
Fuel equipment:
Oil burners:
Orders:
j
14,242
15,361 I 15,233
16,413 22,347 35,252 33, 355 15,437 11,135
9,401
10,333
New
number..! 14,498 16,038
2,838
3,517 !
4,344
4,224
3,041
4,071
4,078
2,557
3,451 ! 3,024
2,392
Unfilled, end of month
do I 4,118
3,467
14, 428
14, 682
14, 406
14,699
17,450 21,164 35,405 33.959
16, 347 11, 300
9,274 ! 9,828
Shipments
do j 14,724
20, 866
16,016
17,098
22,276
23, 608 16,538
19,341
21,577
15,174
16, 082 16,335 | 16,000
Stocks, end of month
do
14,102
79
32
25
19
34
22
23
48
59 I
133
Pulverizers, orders, new
.do
23
m
Mechanical stokers, sales: §
8,482
6,580
5,868
4,712
5,952
9,123
16,139
8,687 j 5,513 j 2,899 j 3,121 ! 5,326
17,909
Classes 1, 2, and 3
do
Classes 4 and 5:
202
259
235
226 j
244
336
165
434
499
324 i
309 I
203
462
Number
_
62, 783
47, 770
46,414
10,249 !
67, 218
37, 241
50, 717
75,106 89,130
79,226 I 46,914
Horsepower
_
_
Machine tools, orders, new
208.5
282.5 !
191.8
150.1
127.5
118.5
128.8
136. 5 ! 147.1 | 257.7
200.3 j 165. 2 j 211. 6
av. mo. shipments 1926=100._
Pumps:
Domestic, water, shipments:
56, 534
41, 869
53, 577
60,054
55,762 47,454 47, 548
52,236
33,022
59, 201
66,089
Pitcher, other hand, and wmdmill..units.. 46,039
32,602
1,382
1,412
1,349
1,689
1,326
1,330
826
1,242
1, 478
1, 721
Power, horizontal type
do
1,198
1,134
1,306
Measuring and dispensing, shipments:!
Gasoline:
1,216 I
1,136
1,313
621
658
786
Hand-operated
_units_.
729
748
393
767
836
13,989 I 14,363
8,316
9,347
10,961
Power
do
9,320
8,306
8,785
9,035
8,630
8,487
8,971
Oil, grease, and other:
17,232
20,462 |
13,513
Hand-operated.. _
do
17,139
10, 706
14, 341 10, 511 10, 563 14, 785
15,841
12,884
15,609
6,824
5,757
5,346
Power
do
3,564
3,704
4,729
3,242
3,331
5,672
4,620
1,956
3,282
Steam, power, centrifugal, and rotary :f
1, 533
Orders, new
_
thous. of dol_.
1,721
1,983
1,448
1,250
1,379
1,271
1,286
1,542
1,183
1,046
1,535
1,198
» Entire series now being revised by the National Association of Flat Eolled Steel Manufacturers. The data will be shown in the Survey when available.
§ See note marked_"_§", on p. 50.
F Revised series. Measuring and dispensing pumps revised beginning January 1936; see p. 49 of the April 1937 issue. For steam, power, centrifugal, and rotary pumps
revisions,
period 1919-36, see table 15, p. 19, of the April 1937 issue.
r
• Data compiled on a new basis starting March 1937; revised series will be shown in a subsequent issue.
Revised.
50
SURVEY OF CURRENT BUSINESS
1937
Monthly statistics through December 1935, together with explanatory notes and references
to the sources of the data may be found in the
1936 Supplement to the Survey
June
August 1937
1936
June
July
1937
DecemAugust SeptemOctober November
ber
ber
January
February
March
April
May
METALS AND MANUFACTURES—Continued
MACHINERY AND APPARATUS—Con.
Water-softening apparatus, shipments..units.Water systems, shipments
do
Woodworking machinery:
Orders:
Canceled
thous. of dol..
New
do
Unfilled, end of month
do
Shipments:
Quantity.._
machines. _
Value
thous. of doL.
NONFERROUS METALS AND
PRODUCTS
Metals
Aluminum:
Imports, bauxite
long tons..
Price, scrap, cast (N. Y.)
dol. per lb..
Babbitt metal (white-base antifriction-bearing
metals):
Production, total
thous. of lb._
For own use
do
Sales
do
Copper:^
Exports, refined and mfrs
short tons..
Imports, total
do
For smelting, refining, and export-.-do
Product of Cuba and the Philippine Islands
short tons..
All other
-do
Price, electrolytic (N. Y.)
dol. per lb._
Lead:
Imports of ore, concentrates- pigs, bars, etc.
short tons..
Ore:
Receipts, lead content of domestic ore.do
Shipments, Joplin district
do
Refined:
Price, wholesale, pig, desilverized (N. Y.)
dol. per lb-.
Production from domestic ore..short tons..
Shipments, reported
do
Stocks, end of month
do
Tin:
Consumption in manufacture of tin and
terneplate
-long tons..
Deliveries
do
Imports, bars, blocks, etc
-.do
Price, Straits (N. Y.)
dol. per lb..
Stocks, end of month:
World, visible supply
long tons..
United States
do
Zinc:
Ore, Joplin district:
Shipments
short tons..
Stocks, end of month
do
Price, prime, western (St. L.). dol. per lb._
Production, slab, at primary smelters t
short tons..
Retorts in operation, end of mo number..
Shipments, totalf
short tons..
Domestict
do
Stocks, refinery, end of mot
-do
Electrical Equipment
Furnaces, electric, new orders:
919
17,468
1,052
17, 295
845
16,815
1,016
14,990
954
15,537
1,001
13,112
11,074
1,018
10,864
15, 562
9
578
1,188
445
597
12
474
610
16
571
657
10
561
816
14
737
1,050
7
744
1,195
21
744
,339
402
733
267
445
280
439
300
494
9
652
819
358
490
314
557
280
470
367
619
35,734
.1252
41, 043
.1188
29,113
.1165
40, 506
.1163
22, 836
.1198
19,178
.1222
27, 496
.1263
29,744
.1274
2,593
586
2,007
2,374
495
1,879
2,540
563
1,976
2,495
772
1,723
2, 654
678
1,977
2,491
695
1,796
2,362
570
1,792
28,841
15,942
24,516
14,671
14, 561
22,148
17,186
14, 788
24, 622
14,277
12,980
22, 737
12,939
11, 225
28.577
9,516
8,093
13
12,886
.1378
0
101
.0928
1,512
885
.0935
2
1,296
.0953
13
1,701
. 0953
24
1.399
.0956
2
904
1,508
24
748
,437
10
602
1,353
324
553
397
703
796
361
676
28, 363
.1281
41,603
.1281
43,016
.1281
2,706
602
2,104
2,364
518
1,846
2,290
579
1,712
2,999
546
2,453
24, 560
23, 589
22. 321
23,490
16, 702
12,599
22, 046
7,133
5,994
29, 099
21, 952
18,358
25
1,243
.1016
2,974
1,129
.1076
25
1,115
.1242
2,133
1,460
.1343
314
571 |
683
1,027
1,192
2,997
382
1,742
1,073
249
31,828
3,500
34, 137
5,879
31, 314
3.180
30,892
2,970
30,910
4,880
31, 096
6,390
32,052
4,954
35, 760
4,722
.0600
37, 321
42, 710
113,370
.0460
36,756
37, 736
230, 481
.0460
231,081
.0460
31,117
46,388
218, 233
.0460
29,788
50,685
200, 517
.0463
39,317
59,210
183,430
.0511
40, 273
50,313
176,960
.0555
43,613
52,032
171,856
3,260
6,645
6,344
.5584
3,520
7,795
8,134
.4222
3,260
7,120
6,674
.4297
3,050
5,385
6,069
.4257
3,300
6,200
5,626
.4474
3,300
6,005
6,327
.4494
2,940
5,345
5,098
.5132
3,200
6,930
8,339
.5285
23, 291
4,810
16,448
3,054
16, 759
2,151
17, 642
3,095
16.896
2,860
19,048
3,315
23,148
3,030
35, 044
20, 624
.0675
29, 420
39, 240
.0488
22, 060
41, 270
.0478
35,811
37, 180
.0480
35,780
30, 590
.0485
46,500
31, 200
.0485
50, 526
44,186
50, 219
50, 219
14, 081
44,875
40, 700
41,582
41, 582
84,855
45, 481
41,308
41,819
41,819
88,517
43,542
41. 308
46,013
46,013
86,046
42,211
40,672
51, 775
51,775
76,482
9,166
Unit
kilowatts..
591
Value
thous. of dol..
Electrical goods, new orders (quarterly)
thous. of d o L . 260,836
Laminated phenolic products, shipments
thous. of dol..I
1,190
Motors (1-200
H . P .)
):
(
3,631
230
2,262
168
4,391
329
3,203
221
1,123
1,060
Billings (shipments):
A.
A. C
1,122
1,098
17, 759
9
564
,342
41,629
5,427
190, 598
012 I 1,141 ;I 1,:
082 j 15,788
2(j,i
46
1,602
.1578
.0719
41,422
63,425
137,204
3,070
7,615
8,509
3,130
7,675
7,238
.5194
3,680
9,080
10, 468
.6271
23, 787
5,095
26,179
5,478
40, 830
29,990
.0497
44,245
22,785
.0527
46,225
41,733
53,963
53,963
68,744
45,670
43,103
56,887
56,887
57,527
2,757
146
3,365
215
1,131
1,138
2, 206
S21
1,585
34, 436
13, 281
10,717
2,071
41
1. 139 , 2,523
.1512
.1378
593
41, 372 i 37, 775 I
7,173 ! 5, 115 i
.0624
.0600
41, 223 34, 986
45, 718 50,375
169, 776 156, 832
848
37, 293
6,623
j .0618 .0600
{ 43,908
40,192
I 55,200
55, 212
! 128,462
115,843
3,550
6, 995
6,430
.5899
3, 680
6,425
6,557
.5563
23. 774
4,956
24,127 24,593
5,731 4,741
23, 721
5, 144
41, 262
14, 288
.0585
43, 837
9,501
.0647
40,021 j 39,190
44, 632
10,980 ; 14,690
18, 358
.0738 i .0701 .0675
46,940
42,965
59,512
59,512
44,955
40, 047
40, 285
51, 227
51,227
33, 775
37, 794
42, 786
46,953
46,953
24,618
53, 202
43, 635
59, 635
59, 635
18,183
3,161
236
4,225
255
3,262
215
3,664
281
271,064
1,005
1,059
1, 451
228,062
191,319
2, 499
599 :
1,900 ;
31,728 ! 26,850
14,553 I 14,547
12,905 11,336
602
32, 286
5,398
35,250 I 29,570
.1283
.1275
1,229
52,009! i 55,012
43,660
43, 724
56,229 '' £5, 201
56. 229
.'5, 201
13,963
13,774
311
2 721
"' 235
1,226
thous.
3, 266
2, 648
2,735
2, 213
3,670
thous.ofdol
2,513
2,536
2,319
2, 476
1, 4,50
3, 599
2,466
742
941
811
D. C
...do
554
524
607
634
661
660
..018
727
558
Orders, new:
2,508
3,301 ! 4,626
A. C
.do
2,915
2,636
2,628
2,691
2,508
2,563
3,955;
3,274!
3,301
4.276
3,955
3,274
3, 260
4,626
573
D. C
do....
608
599
682
658
1,074
938
695
984
1,284
Power cables, paper insulated, shipments:
677
518
Unit
__.thous. of ft
536
672
664
979
577
732
955
655
848
989
672
1,023
Value
thous.ofdol-613
610
734
815
671
533
1,090
1,234
868
Power switching equipment, new orders:
99, 621 89, 517 124, 562
75,906
Indoor
dollars.- 123,697
72,425 118,256
85,758
77, 303 113,645 138, 367 209, 804
148,916
Outdoor
d o . . . . 433,219 143,868 203,674 165,245 222, 832 267. 098 192,967 284, 308 341, 395 374,719 597, 804 754,827
335, 937
1,425
1,708
Ranges, electric, billed sales
thous.ofdol
2,272
1,678
1,468
1,699
3,402
j
3,159
1,746
1,840
1,719 i 171,405 245,718 352,582 ; 335,214 r 2,842
Refrigerators, household, sales
n u m b e r . . '266,400 237,371 205,098 106,975
44,380 78, 265 123,
80,050
333, 061
208 I
Vacuum cleaners, shipments:
100, 983 I 114,892 II 92,056 > 112,787 ! 148,113 140,516
Floor cleaners...
d o . . . - 102,153
80,649
71.628
84,108 104,944 109,636 100,983
125, 921
Hand-type cleaners
do....
34,386
22,295
18,765
22,101
32,944
32,944 j 38,
38,860
32,520
38,477
860 40,921
39,118
477 | 52,301
32,
520 | 38,
42, 688
50,020
Vulcanized
fiber:
£• WConsumption of fiber paper
thous. of l b . .
2,809
2,116
2,179
2,210
2,185
2,382
2,382 I 2,235
2,446!| 2,
2,367
2,321! ! 3,007
2,185
2,446
367 '< 2,321
2.616
2,780
Shipments
thous.ofdol..
620
489
525
485
517
579 I
510
599 1I
640 j
633 ii
652
510
633
517
640
679
579
599
698
r
Revised. * Estimated.
^Monthly data on copper production, shipments, and stocks for months of 1936, comparable with those shown in the 1936 supplement through 1935, are shown in table
27, p . 20, of the July 1937 issue.
g&* c"**k p
'< § Classifications changed starting in January 1937, b u t for all practical purposes the series shown are comparable. Classes 4 and 5 are practically equivalent to former
class 4; changes made in classes 1, 2, and 3 do not affect the total for the 3 classes as shown here.
fRevised series. Data revised for 1936. See p . 50 of the M a y 1937 issue.
51
SURVEY OF CURRENT BUSINESS
August 1937
1936
1937
Monthly statistics through December 1935, together with explanatory notes and references
to the sources of the data may be found in the
1936 Supplement to the Survey
June
1937
Decem- January FebruOctober NovemAugust Septemary
ber
ber
ber
March
April
10, 626
26, 408
10,101
20, 549
8,210
18,037
1,345,454 1,502,900 1,428,850 1,561,410 1,657,418 1,539,774 1.804,702 1,929,150 1,878,903 2,109,679 1,863,871
1,554,575
June
July
May
METALS AND MANUFACTURES—Continued
NONFERROUS METALS AND
PRODUCTS—Continued
Miscellaneous Products
Brass and bronze (ingots and billets):
Deliveries
_ _ net tons
Orders, unfilled, end of mo
do
Plumbing fixtures, brass:
Shipments
..
.number of pieces..
Radiators, convection type:
Sales:
Heating elements only, without cabinets
or grilles thous. of sq. ft. heating surf..
Including heating elements, cabinets, &
grilles
thous. of sq. ft, heating surf..
Bheets, brass, price, mill
dol. per lb._
Wire cloth (brass, bronze, and alloy):
Orders:
New ._
._
thous. of sq. ft
Unfilled, end of mo
do
Production _. . .
do ...
Shipments
do
Stocks, end of month
.
do _
6,584
15, 784
5,996
17,379
6,339
25, 289
6,379
23, 717
6,783
23, 796
8,025
32,411
7,773
30,436
7,939
33,077
10,022
29, 309
9,433
30, 286
56
84
101
140
106
141
103
168
47
33
34
47
116
446
.198
349
.151
441
.152
415
.154
448
.155
459
.157
426
.162
328
.168
343
.178
236
.189
448
.210
422
.207
336
.196
236
1 176
455
467
698
40S
500
413
379
740
384
478
413
416
718
423
469
408
406
698
455
528
433
442
740
505
567
501
457
764
517
672
428
418
771
689
774
521
508
749
1,191
1,355
535
512
774
215
1,362
488
477
781
1,107
2,051
557
558
790
355
1,763
580
628
732
170
1,414
525
510
729
526, 747
131,041
172,386
165,192
100,255
64,937
58,128
504,031
122,003
160,859
165,613
99, 373
66, 240
55, 556
563, 062
138,800
179, 091
183, 588
116,301
67, 287
61, 583
548,147
137, 217
183, 586
167,898
98, 003
69, 895
59, 446
570,846
139, 806
186, 649
184, 749
106, 231
78, 518
59, 643
576,097
148,927
179,091
186, 766
115,184
71, 582
61,313
566, 723
148,182
182, 673
176, 243
102. 514
73, 729
59, 625
580, 880
152, 627
188,153
180,217
103, 539
76, 678
59, 883
PAPER AND PRINTING
WOOD PULP
Consumption and shipments:! 0
473,075
Total, all grades
short tons.
128,242
Groundwood
do...
151,003
Sulphate
do...
148, 742
Sulphite, total
»
do...
95, 594
Bleached
do...
53,148
Unbleached...
do...
45, 088
Soda
do...
Production:!
473,980
Total, all grades
do...
126, 471
Groundwood
do...
151,914
Sulphate
do...
150, 280
Sulphite, total
do...
96,268
Bleached...
do...
54, 012
Unbleached
.
do...
45, 315
Soda
do...
Stocks, end of monthf:
117,402
Total, all grades
do...
Groundwood
do...
56,830
Sulphate
do...
7,912
Sulphite, total
do...
49,104
Bleached..
*do...
34,260
Unbleached
do...
14,844
Soda
do...
3,556
Imports:
Chemical.
d o . . . 269,146 235,129
Groundwood
.do
22, 079 14,529
Price, sulphite, unbleached
dol. per 100 lb_.
1.93
3.65
463, 804
120,955
148, 729
150,673
97,032
53,641
43,447
483,154
120, 403
159, 542
155,813
100, 809
55,004
47,396
481, 745
120,190
157,116
156,131
98, 355
57,776
48,308
529,035
137,945
168, 533
169, 416
106,994
62,422
53,141
504, 627
132,914
161, 442
157,897
59,889
52,374
511,019
134,039
158,782
161,912
99,946
61,966
56,286
452,394
111,582
149,027
147,855
94,850
53,005
43,930
475,360
108,962
159, 702
158,870
100,910
57,960
47,826
464,735
109, 463
154,947
151,381
94,120
57,261
48,944
519,909
130, 383
167,030
170, 089
105,935
64,154
52, 407
501,810
130, 436
161, 604
159, 265
98,402
60,863
50, 505
512, 057
138,470
159,420
158,161
96,380
61, 781
56, 006
540,822
139,109
172, 559
170,968
103,676
67,292
58,186
513,703
130,067
161, 343
166,958
104,713
62, 245
55,335
107,266 100,707
48,616
8,232
8,384
46, 529 49, 478
32,304 32,369
14,225 17,109
3,889
4,199
85,310
29,280
6,203
45,170
28, 565
16,605
4,657
77,656
22,742
4,784
45,999
27,651
18,348
4,131
75, 722
20,600
4,985
47,317
28,047
19, 270
2,820
76,614
24,634
5,474
43.867
24.868
18,999
2,639
71, 712
22,926
6,014
40,091
24,246
15,845
2,681
78, 586
27,970
6,435
41, 640
28, 489
13,151
2,541
87, 820 101, 036
34, 403 41, 284
6,435
5, 663
44, 580 51,571
28,404
32, 807
16,176
18,764
2,402
2,518
106,876
49, .541
7,022
47, 633
30,182
17,451
2,680
207,444
25,628
1.93
28,183
1.94
215, 612 192, 788 214,115
26, 333 20, 735 17,093
2.63
2.33
3.01
170, 038 121,597
17, 296 22, 029
3.34
3.75
214, 581
24, 062
3.63
222,320
19,850
1.03
201, 284 198.195
23,572
27,031
2.06
1.98
PAPER
Total paper:
Paper, incl. newsprint and paperboard:
Production^
short tons—
797,826 846,434 833,038 843,417 984,688 864, 309 956, 779 953, 283 944, 049 1,101,273 1,029,563 1,011,237
Paper, excl. newsprint and paperboard:
Orders, new
short tons..
406,228 486,482 428, 549 459,373 560,150 505, 593 613, 669 529, 312 519, 798 647, 063 517,076
471, 782
Production
do
429, 324 474,040 439,309 442,692 543,763 462,837 547,958 508, 256 498,546 591,191 532, 279 523, 833
Shipments
do
415,506 480,156 426,957 449,087 538,340 457,044 563,997 515, 417 497, 810 595,070 520,222
507, 593
Book paper:
Coated paper:
Orders, new
do
26, 676 21,746
24, 709 23, 875
14, 459 16, 502 16,876 18, 531 18,895 20, 554 28, 287 28,119
15, 082
8,218
6,657
Orders, unfilled, end of mo
do
7,407
10, 855 12,016
5,319
6,780
12, 783 11,116
9,257
12,659
6,634
7,907
19, 226 20,102
Production
do
19, 239 22, 225 22. 761 26,835
27,210
23,043
21, 465 22, 709
18, 563 19,260
21,123
68.0
66.3
103.0
Percent of potential capacity
69.4
77.7
83.4
94.0
94.5
84.6
83.4
91.0
98.5
93.5
22,531 28,952
Shipments
short tons.. 17. 646 18, 497 18,885 20,387
18. 983 22,048
27. 939 22, 863 21,188
23. 103
20, 345
12, 245 12,878
12, 386 12, 785 11,884
13,284
Stocks, end of month
do
12,157
12,334
10, 230 10, 0-41
11,456
11,029
10, 819
Uncoated paper:
82,107 85,004
91, 452 101,413 115,477 127,834 114,643 111,112 131, 537 111,834
91, 344 77,313
Orders, new
do
97, 981
33.058 33,831
34,208
69, 703 82, 244 83, 565
64, 540 35,013
34,270 54, 829 66, 239 64,372
Orders, unfilled, end of mo
do
76,930
Price, cased, machine finished, at mills
5.25
5.25
5.25
5.25
5.75
6.25
5.38
5.75
5.25
5.50
5.75
6. 13
6.25
dol. per 100 lb_.
95,793 103,417 98,939 112, 689 111.733 104.795 109, 260 116, 969 111.959
Production
short tons.. 101, 288 86, 676 89, 210
73.4
76.0
90.
6
71.6
83.2
86.2
95.7
94.0
84.3
102.
6
83.5
94.8
98.3
Percent of potential capacity
108,828
Shipments
short tons.. 99, 168 83, 718 86, 040 92, 611 94,141 101, 648 98, 448 119,231 114,085 103,829 112,741 111,634
87,
036
80,
267
84,191
87.
454
88,
970
92,
607
83,
644
94,
548
89,
724
86,
067
83,
785
87,
058
Stocks, end of month
do
77, 743
Fine paper:
31,865
53,679
31,641
37,073
31,516
50,
578
48.
620
40,
033
44,
638
39,385
Orders, new
do
66, 317
32, 518
9,995
12,274
10,941
9, 684
13,800
24,778
23,960
Orders, unfilled, end of mo
do
16,468 21,470
33,224
35,132
28, 433
39, 358 33,626
30,625
35,077
Production
do
47,416
43,482 44,516
37,986 48,112
53, 898 43, 657
40, 738
31, 727 46, 610 36, 610 48. 308 45, 632 45, 050 53, 246 42, 473
Shipments
do
33. 033 39, 951 31,838
39,011
Stocks, end of month
do
62. 534 59, 947 59,775
65, 507
65,784 62,957 65,527 66,100 66, 771 68, 325 67, 972 63,068
Wrapping paper:
Orders, new
__.
do
140,385 167,815 141,436 159, 712 207, 062 170,910 230, 499 175, 286 180,618 220, 843 171, 708 153,148
Orders, unfilled, end of mo.
do
87, 212 95,934 116, 625 153,811 145,838 151,786 164, 719 156, 564 143, 532
72, 439 74,750
77,600
Production
do
144,615 163, 588 147,142 150, 952 195,874 155, 605 196,998 171,170 166,827 212, 608 178,919
176, 092
Shipments
do
143,367 167, 586 140, 740 153, 243 199,369 151, 785 200,433 172, 644 169,767 215,170 179,349
169, 437
Stocks, end of monthdo
113, 711 109,180 112, 323 110, 704 10S, 163 111,912 110,612 108, 325 104,241 102, 383 101, 838 104, 521
r
^See note marked " J " on next page.
Revised.
© Comprises pulp used in the producing mills and shipments to the market.
t Revised series. Production of wood pulp, except soda pulp, for 1936 has been revised to conform with the industry totals reported by the U. S. Pulp Producers' Association for that year. For these items, consumption and shipments have been adjusted to the revised production figures by the Survey of Current Business. For the same
items, data on production and consumption and shipments for 1935 adjusted to census data for that year will appear in a subsequent issue. Pending publication of these
figures, data shown in monthly issues starting with March 1937 can be used in conjunction with earlier data shown in the 1936 Supplement without serious error. Figures
on stocks have not been adjusted through December 1936. All wood-pulp data except soda puip. starting with January 1937 are based on the reports of 145 identical mills
(earlier months are for 162 mills) adjusted to compare with the figures for earlier periods. Data on soda pulp (production and consumption and shipments) have been adjusted
1935 census by the Survey; earlier figures appeared in the 1936 Supplement.
DigitizedtofortheFRASER
52
SUKVEY OF CURRENT BUSINESS
Monthly statistics through December 1935, together with explanatory notes and references
to the sources of the data may be found in the
1936 Supplement to the Survey
August 1937
1936
1937
June
June
July
1937
October NovemAugust September
ber
berm" January
April j May
ary1" ' March
1
PAPER AND P R I N T I N G — C o n t i n u e d
PAPER—Continued
Newsprint:
Canada:
Exports
short tons..
Production t
do
Shipments from millsf
do
Stocks, at mills, end of mot
--do
United States:
Consumption by publishers
_do
Imports
do
Price, rolls, contract, destination (N. Y.
basis)
dol. per short ton..
Production^
short tons..
Shipments from mills
do
Stocks, end of month:
At mills
._
_
do
At publishers!
do
In transit to publishersf
do
Paperboard:
Consumption, waste paper
do
Orders, new
do
Orders, unfilled, end of mo
do
Production^
_
do
Percent of capacity
Stocks of waste paper, end of month:
At mills
short tons..
In transit and unshipped purchases
short tons..
PAPER PRODUCTS
Abrasive paper and cloth, shipments:
Domestic
reams..
Foreign
do
Paperboard shipping boxes:
Shipments, total
mills, of sq. ft..
Corrugated
do .
Solid
fiber
do...
306,646
310, 871
311,507
67,438
283,589
270, 709
263, 512
72, 597
234, 050
272, 762
269,929
73,960
257, 577
270,363
278, 529
65,896
278, 368
269, 074
268, 909
65,718
286, 733
301, 096
307, 250
59,439
295,833
286, 235
293, 539
51,986
286,
289,
316,
24,
233
312
723
506
259,543
286,991
261,992
49,505
222,945 294,935 252, 790
275, 532 302, 068 298, 678
251, 256 290,968 311,584
73, 769 84,902
72, 223
294, 726
309, 210
313,414
69, 357
188, 921
288,291
178,396
222,187
170,884
205, 704
246,186
175,811
238, 317
203,198
260,135
223,813
249,153
198, 264
278,991
183,106
238,426
199,997 197,956 199, 355
204, 689 270, 478 263, 620
244, 030
279,937
42.50
78, 500
76, 255
41.00
79, 820
74,838
41.00
73, 361
74, 780
41.00
74, 338
72, 645
41.00
72, 206
75, 599
41.00
81,076
81,771
41.00
79, 848
80, 469
41.00
80,048
81,910
42.50
79,362
75,046
42.50
72,072
74,941
14,944
298,338
50, 550
21,031
193, 761
40, 553
19,907
201, 731
48, 099
20,647
220,145
42,309
16,878
232, 204
42, 881
16,400
236, 743
42,106
15, 988
214, 568
56,425
14,239
251,091
54,294
15,995
243,951
54,013
19,001
12, 645
12, 406
246,873 258, 740 ' 278,820
57, 071 59,427 r 49, 612
241,
290,
96,
288,
249,
304,
101,
299,
268, 770
332, 553
117,443
319, 391
76.7
281, 046
353,197
135, 732
328, 519
79.1
306,874
357,783
138,830
359,849
82.7
274, 332
308, 732
127,193
321, 624
79.6
279,068
350, 452
130,472
328, 773
75.6
18,673
257,241
49,013
295,554
407,716
221,409
365, 665
82.0
295,477
386, 781
238,011
373, 431
90.0
339, 242
453, 621
265,575
428,506
91.6
207,886 i 191,408 j 189,590
182,822
199,404 I 211,295
0)
656
098
402
682
70.5
402
747
557
033
69.4
218, 330
219, 042
0)
0)
0)
0)
(0
81,813
8,556
76,084
9,479
69,709
7,306
76,191
10,176
79,469
7,455
85,824
9,377
69, 952
7,327
74, 713
11,492
2,632
2,385
247
2,188
1,945
242
2,249
1,994
255
2,698
2,382
317
2,809
2,485
324
2,650
2,392
258
2,281
2,092
189
2,488
2,276
212
115,141
689
580
109
100,725
729
602
127
81
17,485
107, 837
723
575
148
80
18, 384
104,349
890
731
159
86
16, 683
107, 421
809
690
119
94
16,920
129,034
140, 638
841
732
109
101
16,166
166,970
1,074
868
206
98
19.139
0)
!
42.50
82, 576
79, 582
42.50
78, 619
85, 915
42.50
' 78.907
' 77, 647
341, 597
404,108
,200. 833
!418,665
i 92.8
330. 250
356, 687
154,379
408,497
SO. 7
196, 570 197,977 i 211.628
234.239
0)
(0
81,945 I 80,294
6,294
9,972
90,365 i 135, 451
13,971 | 10, 919
103, 862
9,104
2,308
2,074
234
2,428
2,195
233
3,018 , 2,778
2, 712
2, 506
271
'306 ,
2,549
2,292
256
106,944
781
694
87
99
16,959
149,194
1,011
815
196
103
16,057
129, 377 127, 262
889
885
740
724
149
161
100
100
18,996
19,711
123, 341
945
800
145
102
15,799
PRINTING
Blank forms, new orders
thous. ofsetsBook publication, total
no. of editions.
New books
do_-_
New editions
do...
Operations (productive cap.)
1923=100.
Sales books, new orders
thous. of books, _
~16~633
1J95
966
229
98
18,513
RUBBER AND RUBBER PRODUCTS
CRUDE AND SCRAP RUBBER
Crude:
Consumption, totalf X
-long tons.. 51, 798
For tires and tubesf
_do
49, 635
Imports, total, including latex
do
49, 635
Price, smoked sheets (N. Y.)
dol. per lb__
193
Shipments, world
long tons.. 95*. 000
Stocks, world, end of monthf-do
432, 257
Afloat, total
_
do
124, 000
For United States
do
57, 215
London and Liverpool
—.do
43, 427
British Malaya
_
do .
93, 630
United Statesf
...do
171, 000
Reclaimed rubber:} t
Consumption
do
14, 414
Production
do~_.~ 16, ,052
Stocks, end of month.
do
14, ,535
Scrap rubber:
Consumption by reclaimers (quar.). do
50,433
49, 754 48, 744 50, 282 54, 064 51, 797
49,637
48, 250 46, 777 46,449
51, 733
36, 777 37,030
42, 638 41,479
36, 520 37,215
37,179
38,380 35, 823 35,093
37, 951
40,965 38,414
39,843 41,788 50,033
51,382 43,339 44, 715 40,898 | 43, 024
48, 898
.214
.180
.213
.163
.165
.246
.165
.164
.200
.234
.213
70,249
82,355
71,343 80,552 77,000 79, 000 71,000 71,000 101, 000 90, 000
87, 000
519, 074 500,520 493, 585 486,159 466, 491 466, 576 454,249 445, 265 447385g 428, 249 ' 413,134
106,000 99,000 96,000 106,000 105,000 103,000 98,000 94,000 125, 000 124, 000 • 117, 000
63, 597 62, 240 67,825 73,691
53, 538 5g, 994 72,530
56, 567 55,096
60,343
58, 542
71,062 63, 760 52, 077 48, 748
78,462
113,386 108, 215 103, 962 96, 625 88,781
46, 628
78,276 86,478
82,807
63, 838 63,138 60, 287 59,534 60,230 62,114
77, 255
74,478
235,850 230,167 233,336 224,000 211,480 223,000 206,911 201,027 187, 977 178,246 r 175,019
14,801
13,366
11, 242 11, 424 12,892 12, 302 13,280
12,084
13,485
11,810
15, 607
14,612
15, 031 15,129
12, 221 13,898
13,540
15,192
11, 628 12,124
11,256
13, 884
15, 793
14,458
19, 017
12, 585 12, 522 13, 206 13, 874 14, 673 15, 643 19, 000 19,010
14,010 r 14, 647
52,772
38,168
38, 273
.159
65,756
520, 255
90,000
47, 228
122, 285
62, 426
245, 544
33,741
31,033
TIRES AND TUBES t
Pneumatic casings:
Production
thousands,.
Shipments, total
do.
Domestic
do.
Stocks, end of month..
do.
Inner tubes:
Production
do.
Shipments, total
do.
Domestic
do
Stocks, end of month
do
Raw material consumed:
Crude rubber. (See Crude rubber.)
Fabrics
.thous. of lb-_
MISCELLANEOUS PRODUCTS
Sinsrle and double texture proofed fabrics:
Production
.thous. of yd_.
Rubber and canvas footwear:X
Production, total
thous. of pairs..
Tennis
do...
Waterproof.
do
Shipments, total
do
Tennis..
do
Waterproof
do
Shipments, domestic, total
do_._
Tennis
do
Waterproof
do...
Stocks, total, end of month
do...
Tennis..
do...
Waterproof
_
do...
36,347
-
42, 398
I"
|
5,730
5, 560
5,438
12, 629
5,014
4,976
4,911
7,793
4,981
3,836
3,768
9,005
5,125
4,081
4,012
10,089
4,969
4, 232
4,162
10,814
5,311
5,016
4,926
11,114
4,980
4,509
4,421
11, 377
5,246
4,371
4,276
12, 308
5,916
4,787
4,687
12,448
5,035
5,504
5,442
8,105
5,465
5,744
5,678
7,746
5,177
5,758
5,544
7,725
5,039
5,136
5,093
7,621
5,161
4,231
4,031
8,627
5,397
4,108
4,055
9,977
4,739
3,995
3,948
10,732
5,121
4,819
4,754
10. 985
4,801
4,391
4,327
11,100
6,091
4, 536
4,469
11, 734
5,823 j 5,627
5, 571
5, 325
5, 499
5, 242
11,904
12,218
22, 833
22, 532
21,175
20,974
21,690
21,744 I 22,649
22, 207
23, 426
26, 542
24, 680
5, 255
4,626
3,991
7,197
4,053
3,144
5,027
3,784
1,243
5,027
3,784
1, 243
19,167
5,213
13,954
6,734
3, 635
3,098
4,784
3, 778
1,006
4,735
3,736
999
21,116
5,071
16,045
5,610
5,792
5,711
7,833
!
3,526
3,667
4,145
5,659
2,018
3,641
4,334
2,791
1,543
4,290
2,751
1,539
18,822
4,519
14, 303
4,571
1,244
3,327
5,431
2,034
3,397
5,407
2,018
3,390
17,962
3,729
14, 233
5,588
1,377
4,212
6,877
1,443
5,435
6,851
1,420
5,431
4,849
4,650
3,672
3,953
3,884
4,342
6,003
1,150
4,853
8,063
1,481
6,582
8,039
1,465
6,574
6,751
1,280
5,471
7,897
796
7,102
7,844
751
7,093
13,430
3,780
9,651
6,496
1,461
5,035
6,502
588
5,914
6,464
557
5,908
L3,425
4,654
8,771
7,599
1,951
5,648
7,409
1,295
6,114
7,373
1,265
6,108
13,615
5,310
8,305
5,898
2,418
3,480
6,018
2,639
3,379
5,954
2,603
3,351
13,454
5,108
8,346
7,595
5, 935
4,2g9
3,241
3,327
2,694
5,439
4,520
4,361
3,308
13078
1,212
5S377
4,486
4,309
3,291
1,068
1,195
14,869
16, 998
5,041 I 4,945
9,829 I 12,053
14, 567
16,626
3,286
3,615
13,010 ' 11,281
5, 352
5, 375
5,281
12, 592
4,956
5,028
4,959
12,107
23, 263
' Data no longer collected by the Bureau of the Census.
•• Revised.
are
were
also
IFor data raised to industry totals, see the 1936 Supplement, xFigures
«um
^ . v u , ,these
.,v- —in the 1936 Supplement.
„
.
l b uiw Ushown
U v,. u uhere
U ^as^reported;
UWJv ,,
Ww »,
Uv Bgiven
f Revised series. Data on total rubber consumption, world and United States stocks of rubber, consumption, production and stocks of reclaimed rubber revised for 1935
and 1936. Revisions not shown in the May 1937 Survey, will appear in a subsequent issue. Data for newsprint (Canada) revised for 1936. See p. 52 of the April 1937 issue.
Newsprint stocks at publishers and in transit to publishers revised back to 1926. Revisions not shown on p. 52 of the April 1937 Survey will be shown in a subsequent issue
tData are raised to industry totals; see the note explaining these series in the 1936 Supplement.
53
SUEVEY OF CUERENT BUSINESS
August 1937
Monthly statistics through December 1935, to- 1937
gether with explanatory notes and references
to the sources of the data may be found in the
June
1936 Supplement to the Survey
1937
1936
June
July
Decem- January
October NovemAugust September
ber
ber
February
March
April
May
12. 030
191,040
385,276
12.103
190,670
473,662
STONE, CLAY, AND GLASS PRODUCTS
BRICK
Common brick:
Price, wholesale, composite, f. o. b. plant
dol. per thous.
Shipments.-thous. of brick.
Stocks, end of month
do—
Face brick:*
Shipments
_-.do..Stocks, end of month
do...
Vitrified paving brick:
Shipments
_
-do...
Stocks, end of month
do._.
11.777
172,892
368,638
11.779
170,135
398,870
11.775
172,748
417,660
11.813
173,723
419,872
11.788
189,104
433,730
11. 777
163,246
450,194
11.818
11.889
141,080 108,169
456, 543 444, 247
11.941
113,598
414,723
11.915
163,801
386,919
67,340
264,056
63,049
264,335
58,946
270,048
58,797
269,206
60,877
269,685
46,991
276,793
36,970 30,042
289, 657 299,122
29,094
296,411
46,667
297, 654
11,476
71,800
10,920
68,380
8,724
70,683
10,800
71,400
11,614
68,319
9,738
64,034
5,099
62, 554
3,146
61,369
3,257
59 133
1.667
11, 377
52.3
12, 521
19,281
4,912
1.667
11, 503
51.3
11, 823
18,975
5,079
1.667
12, 599
56.2
12, 624
18,920
4,931
1.667
12, 347
57.1
12,619
18,738
4,838
1.667
12, 470
56.0
13,089
18,079
4,980
1.667
10,977
50.9
8,942
20,117
5,180
1.667
8,971
40.3
6,246
22, 441
5,564
1.667
6,616
30.4
4,689
24,394
6,160
1.667
5,837
29.6
5,163
25,059
6,788
.number of pieces.. 1,071,120 555,949
1,005,581 550, 875
do
414,774 443,222
do
722, 763
716, 715
431,774
677,152 792, 220 938,135
650, 883 747,459 908,603
428,162 441,989 434,296
973,750
964,479
427,509
12.110
r
58, 214
297,426
62,035
309, 691
4,038
57, 691
6,716
56, 727
6,877
60, 271
1.667
8,443
38.6
7,879
25, 586
7,554
1.667
10, 402
48.8
10, 265
25, 747
7,544
1.667
11, 634
53.2
11,890
r
25, 502
' 7, 540
PORTLAND CEMENT
Price, wholesale, composite
_dol. per bbl
Production
thous. of bbl
Percent of capacity
Shipments
thous. of bbl
Stocks, finished, end of month
do..
Stocks, clinker, end of month
do._
1.667
11,163
52.8
12,649
24,015
7,370
CLAY PRODUCTS
Bathroom accessories:
Production.Shipments
Stocks, end of month.
726,183 793,568
679, 623 768,774
442, 507 416,742
652, 251 1,077,319
633,059 1,092,424
415,324 397,351
956, 547 1,161, 382
885, 696 1,117, 265
422, 837
395, 303
GLASS PRODUCTS
Glass containers:
Production.
thous. of gross..
Percent of capacity
Shipments
do.
Stocks, end of month.
thous. of gross..
Illuminating glassware:
Orders:
New and contract
number of turns..
Unfilled, end of month
do
Production
do
Shipments
do
Stocks, end of month__
do
Plate glass, production..
thous. of sq. ft..
4, 939
87.1
5,152
6,981
68.1
3,999
7,792
3,844
67.2
4,179
7,488
4,403
77.0
4,346
7,422
3,994
72.6
4,345
7,015
4,250
72.2
4,310
6,828
3,880
74.2
3,611
7,006
4,033
71.2
3,675
7,291
4,039
71.3
3,881
7,393
3,880
73.8
3,767
7,459
4,198
71.0
4,461
7,145
4,543
79.7
4,375
7,243
4,844
88.4
4,795
7 215
2, 681
2,870
2,947
2,652
5,260
19, 392
2,355
2,274
2,171
2, 250
4,009
16, 244
2,356
2,474
2,138
1,996
4,135
16,428
2,594
2,620
2,154
2,374
3,123
18, 710
2,899
2,783
2,591
2,684
3,056
19,553
3,433
3,057
3,106
3,095
3,103
20,843
3,150
3,102
3,087
2,980
3,236
13,084
2,926
2,953
3,354
3,075
3,421
7,371
3,515
3,518
3,193
2,830
3,739
6,373
2,473
2,894
2,849
2,688
3,935
18,676
2,711
2,503
3,369
3,119
4,140
20, 743
2,885
2,621
3,278
2,864
4,564
21, 956
2,907
2,848
3,152
2,658
4, 965
19,437
GYPSUM (QUARTERLY)
Crude:
Imports
short tons_.
Production. _
do
Shipments..
do
Calcined, production
.do
Calcined products, shipments:
Board, plaster, and lath
thous. of sq. ft..
Board, wall
_
do
Cement, Keene's
short tons..
Plasters, neat, wood fiber, sanded gauging
finish, etc
short tons..
For pottery, terra cotta, plate glass, mixing
plants, etc
short tons.
Tile, partition
thous. of sq. ft..
169, 477
733,729
227,330
545,758
251, 668
863, 234
265,849
617, 487
248,109
723, 319
206,586
523,389
26, 542
577.270
137,
517,323
116,259
96,097
9,676
147,818
83, 810
134,962
82, 363
7,948
149,300
85, 372
9,252
370,181
421, 740
340,463
350, 729
50,252
3,960
52,692
4,946
47, 733
4,413
56,114
4,374
TERRA COTTA
Orders, new:
Quantity
Value.
..short tons.
thous. of dol.
916
128
1,706
202
975
110
1,507
189
89,415
311,830
90,521
306,998
95,106
303,043
1,120 i
134
120
1,492
128
92,643
315,242
71,919
333,108
1,372
171
819
103
3,645
248
1,060
127
62, 418 51,338
344,131 354,608
51,082
354, 210
79,793
358, 256
r
1, 750
223
1,077
140
100.3S1
351,509
96, 246
358, 019
TILE
Hollow building tile:
Shipments
Stocks, end of month
short tons.
89,264
309,960
TEXTILE PRODUCTS
CLOTHING
Hosiery:
Production
thous. of dozen pairs..
Shipments
do
Stocks, end of month
do
9,479
8,847
20,314
9,983
9,322
21,182
10,111
11,156
20,344
10,828
12,117
19,263
11,566
12,235
18,801
10, 716
10,846
18,879
11, 280
11,054
19, 312
COTTON
Consumption
.thous. of bales..
646
681
555
607
574
630
627
Exports (excluding linters)...
do
861
298
156
182
230
570
690
594
Ginnings (total crop to end of month indicated)
thous. of bales..
1,374
9,880
11,494
6,031
11, 705
Imports (excluding linters)
do
13
10
36
12
16
Prices:
To producer
dol. per lb..
.124
.122
.114
.126
.122
.125
.120
.123
Wholesale, middling (New York)
do
.132
.123
.120
.127
.123
.122
.128
.123
Production (crop estimate)
thous. of bales..
*> 12,399
Receipts into sight.
..do
310
201
1,189
3,510
305
2,910
2,236
Stocks, end of month:
Domestic, total
do
4,834
9,431
4,642
5,514
5,089
10, 211
7,655
9,790
Mills
do....
989
897
1,403
1,551
752
849
1,792
2,001
Warehouses...
.do
4,524
3,938
8,028
3,092
4,337
6,806
8,418
7,788
World visible supply, total
do
5,423
4,899
4,748
7,679
4,904
6,378
8,002
8,151
3,579
American cotton
do
2,986
3,091
4,578
5,845
2,837
6,038
6,271
T
Revised.
v Preliminary.
*New series. Data on face brick shipments and stocks, compiled by the U. S. Department of Commerce, Bureau of the
irior to the January 1937 issue. Data beginning January 1934 are shown in table 34 on p. 20 of this issue.
Total crop.
Digitized for *FRASER
11,364
9,845
20,830
11,311
11,474
20,667
20, 229
11, 547
11, 376
20, 399
10,920
9,757
21, 560
678
538
664
463
779
468
719
373
669
324
11,957
15
23
.124
.130
.124
.131
12,116
12,555
12,l
28
.135
.145
.137
.143
.129
.133
708
642
716
538
337
8,846
2,066
6,779
7,812
5,525
8,022
2,056
5,966
7,457
4 r 984
7,117
2,080
5,037
6,787
4,348
6,201
1,987
4,214
6,294
3,858
5,403
1,815
3,588
5,596
3,361
Census, supersede those shown in the Survey
54
SURVEY OF CURRENT BUSINESS
Monthly statistics through December 1935, together with explanatory notes and references
to the sources of the data, may be found in the
1936 Supplement to the Survey
1937
August 1937
1936
June
June
July
1937
Novem- Decem- January
j August SeptemOctober
ber
ber
ber
February
March
April
May
TEXTILE PRODUCTS—Continued
COTTON MANUFACTURES
Cotton cloth:
Exports
thous. of sq. yd..
Imports
do
Prices, wholesale;
Print cloth, 64 x 60
dol. per yd..
Sheeting, brown, 4 x 4
do
Finished cotton cloth: t
Production:
Bleached, plain
thous. of yd..
Dyed, colors
do..
Dyed, black
do
Printed
do....
Stocks, end of month:
Bleached, dyed colors and dyed black
thous. of yd..
Printed
do....
Spindle activity:
Active spindles
thousands..
Active spindle hrs., total
mills, of hrs..
Average per spindle in place..
.hours..
Operations
per. of capacity..
Cotton yarn:
Prices, wholesale:
22/1, cones (Boston)
dol. per lb_.
40/1, southern spinning
do
15,554
10,743
16,843
14, 624
18, 527
4,705
24, 412
5,802
14, 387
7,098
15,359
8,034
12,843
9,648
13, 750
15,123
14,502
15, 591
15,892
19,278
20, 339
22, 257
16,320
23, 931
17,386
15, 090
. 065
085
.054
.066
.059
.072
.059
.075
.060
.075
.068
.077
.077
.080
.080
.081
.076
.079
.089
.076
.095
.069
.090
119,672
92,190
6,555
88,294
140,006 143,808
116, 604 123,516
9,135
6,585
99,909 106,182
145,397
132, 642
11,082
109,283
148, 811 169, 520 158, 507 151, 363 166, 600 155, 279
124, 446 140, 508 136, 493 122, 232 135, 560 125,154
8,416
7,107
7,595
6,415
6,677
7,172
122, 237 134, 003 135,817 120, 758 130,393 120,262
140,065
108, 888
7,729
104, 410
280,983
129,359
245, 948 '184,649 208,818
122, 210 r 107, 294 105, 691
148,115 167,411
139, 298 147,464
10,437
7,740
111,118 128,227
237, 240 231,751 243,369
113, 614 117, 209 115,491
253,413 '248, 338 250,148
122,114 115,428 114,852
260,013
113,050
262,864
119,571
' 276, 273
' 125, 754
24, 556
8, 595
319
137.0
23,021
7,320
259
111.0
23, 252
7,855
279
119.8
23,434
7,573
270
115.8
23, 514
289
125.8
23, 638
8,328
298
123.3
23,806
7,997
288
129.9
24,090
8,679
313
134.5
24, 365
8,587
315
137.7
24,536
8,353
308
144.8
24, 639
9,698
359
148.3
24, 728
9,165
340
146.7
24, 659
8,548
317
137.7
.311
• 452
.271
.413
.295
.426
.301
.430
.303
.444
.304
.448
.311
.452
.341
.483
.347
.513
.344
.482
.364
.482
.363
.490
.336
.479
498
623
626
699
614
808
672
1,242
633
594
2,441
537
387
483
504
475
494
538
611
583
562
662
607
536
547
561
543
476
500
517
488
488
520
500
513
530
552
566
2,072
1,113
1,513
1,540
1,494
2,095
2,467
4,240
2,917
.58
.60
.60
.60
.60
.60
.60
.60
.60
.60
.63
.63
1.0
0.7
0.4
31, 437
4, 143
36,658
4,753
42, 016
6,315
0.3
45, 709
8,900
0.3
43, 093
6,953
0.2
40, 401
7, 214
0.1
41, 627
7,275
0.1
44, 198
7,413
0.1
38, 484
6,472
0.1
39, 934
5,026
0.1
40, 561
5, 742
0.1
35, 278
5,148
1.714
1.791
1.756
1.935
2.051
1.993
2.012
1.975
1.848
160, 944 152, 808 146, 331 142, 382
50, 544 49,408
41, 731 40, 882
140, 802
41, 302
R A Y O N A N D SILK
Rayon:
Deliveries, index:
Unadjusted
1923-25= 100517
Adjusted
do
646
3-mo. moving average
do
10, 743
Imports
thous. of lb__
2,389
Price, wholesale, 150 denier, " A " grade
(N. Y.)
dol. per lb_.
.63
Stocks, producers, end of mo.
|
no. of months' supply-0.1
Bilk:
Deliveries (consumption)
__bales__
35, 783
Imports, raw
thous. of lb._
5, 521
Price, wholesale, raw, Japanese, 13-15 (N. Y.)
dol. per l b 1.827
Stocks, end of month:
Total visible supplyt
bales— 130,256
United States (warehouses)
do
45,556
1. 597
135, 609
35, 409
145, 439 ! 156, 125
30,139
29, 825
155, 253 157, 500 165,713
29, 553 30, 300 40, 713
180,114
44,414
WOOL
Consumption of scoured wool: 1
Apparel class
thous. of lb_.
Carpet class
_do.__.
Imports, unmanufactured
do
Operations, machinery activity:
Combs
percent of active hours to total reported. _
Looms:
Carpet and rug
do
Narrow
do
Broad
do.—
8pinning spindles:
Woolen
do
Worsted
do__Prices, wholesale:
Raw, territory, fine, scoured
dol. per lb,_
Raw, Ohio and Penn.,
fleeces
do
8uiting, unfinished worsted, 13 oz. (at |
factory)
dol. per yd__
Women's dress goods, French serge, 54" (at
mill)
dol. per yd__
Worsted yarn, 32's, crossbred stock (Boston)
dol. per lb__
Receipts at Boston, total
thous. of lb__
Domestic
do
Foreign
do___.
Stocks, scoured basis, end of quarter, total
thous. of l b Woolen, total
do.
Domestic
do.—
Foreign..
do
Worsted, total
—do
Domestic
do__._
Foreign
do
23,030
8,539
17, 546
21, 477
9,207
19,639
25,861
11,880
23, 550
23,927
9,937
25, 548
27,851
11,355
29,037
28,814
12,802
46,890
25, 722
12,814
46,292
26,328
12, 511
48, 528
93
106
95
97
109
123
116
123
124
122
48
36
74
56
43
73
66
46
72
64
42
82
67
52
94
64
56
97
72
59
100
70
54
92
100
92
105
111
83
.39
.38
.38
90
74
.90
.39
74
58
97
104
87
.98
.43
1.06
.49
1.11
.52
1.07
.50
1.05
.45
1.08
.46
1.782
1.745
1.634
1.634
1.652
1.782
1.955
1.955
2.005
2.030
2.079
1. 213
1.114
1.114
1.114
1.074
1.064
1.101
1.139
1.151
1.188
1.188
1.207
1. 43
53,149
41,315
11,833
1.30
54, 421
50, 424
3,997
1.29
66,708
64,300
2,408
1.28
21,694
20,101
1,592
1.26
16,156
13.153
3,004
1.25
15,478
12,060
3,418
1.34
20,280
15,515
4,766
1.47
18,911
6,139
12,772
1.49
28,602
5,126
23,476
1.50
38, 618
2,407
36,212
1.46
34,730
7,745
26,985
1.45
25, 322
10, 697
14, 625
141,850
48, 234
33, 039
15,195
93,616
64,840
28, 776
147,057
48,747
38, 024
10, 723
98, 310
72, 874
25, 436
20,045
9,571
29,518
20,075
7,191
17,541
102
65
45
89
93
73
87
'58
1.00
. 43
.90
2.079
24,785
9,058
16, 079
126, 846
44, 574
35, 350
9,224
82, 272
65,161
17,111
28,982
12,842
38, 201
22, 862
10, 350
29, 990
113
1.04
.42
2.079
1.213
1.45
37, 978
23,340
14, 638
120,526
46, 315
31, 751
' 14, 564
' 74,211
'
26, 940
r
47, 271
129,204
45,763
35, 223
10,540
83,441
44,484
38,957
r
r
MISCELLANEOUS PRODUCTS
Buttons, fresh-water pearl:
Production
pet. of capacity..
49.0
Stocks, end of month
thous. of gross..
7,002
Fur, sales by dealers
thous. of doL. » 3,118
Pyroxylin-coated textiles (artificial leather):
Orders, unfilled, end of mo.thous. linear yd..
2,886
Pyroxylin spread
thous. of lb_.
4,958
Shipments, billed....
thous. linear yd.. 5,018
'51.9
8,061
3,133
42.6
7,690
3,433
55.2
7,660
3,575
56.0
7,550
2,808
61.0
7,461
2,297
62.2
7,395
2,850
66.3
7,349
3,941
58.4
6,725
64.7
6,612
4,444
64.1
6,465
5,228
61.2
6,505
4,839
2,000
4,930
4,608
2,460
4,686
4,501
2,612
5,375
4,972
2,668
6,087
5,232
2,410
6,081
5,408
2,684
5,321
5,094
3,633
5,648
5,495
4,110
5,965
5,618
4,731
6,498
5,806
5,107
7,803
7,412
4,414
7,156
6,766
r
60.4
6,746
4, 855
2,876
5, 555
5,727
p Preliminary.
' Revised.
t Revised series. For data on total visible supply of silk for period July 1930-December 1936, see table 11, p. 20, of the February 1937 issue. Data on finished cotton cloth,
revised beginning 1934; see table 31, p. 20 of this issue.
f Data for April, July, October 1936, January and April 1937 are for 5 weeks; other months, 4 weeks.
SURVEY OF CURRENT BUSINESS
August 1937
Monthly statistics through December 1935, together with explanatory notes and references
to the sources of the data may be found in
the 1936 Supplement to the Survey
1937
55
1937
1936
June
June
July
Decem- January
October NovemAugust September
ber
ber
February
March
April
May
TRANSPORTATION EQUIPMENT
AIRPLANES
Production, totalf..
Commercial (licensed)f
Military (deliveries) t___
For exportf
_
394
240
73
81
263
136
59
4,424
3,438
24,042
14,987
9,055
366
260
45
61
212
124
4,545
3,367
3,414
2,335
3,514
2,153
22,525
12, 714
9,811
15, 728
8,323
7,405
10,939
4,564
6,375
32
267
107
95
65
211
125
40
46
179
110
34
35
181
107
33
41
1,822
5,132
4,715
3,904
2,772
5,250
3,330
4,424
2,339
7,078
5,040
5,739
3,932
5,047
3,636
16,720
9,894
6,826
27,428
20, 032
35, 289
24, 788
10, 501
32, 691
20, 099
12,592
27,528
17,014
10,514
33, 762
22, 633
11,129
35, 082
22, 827
12, 255
38,270
23, 447
14, 823
186, 550 168,685 140, 436 122,158 100, 696
125,916 112, 795 91, 206 76,563
58, 486
59, 606 54,980 48, 368 44, 768 41, 580
1,028
828
910
861
630
174, 277 162, 404 127,032 55,341
72,086
107,837
70, 572
36, 598
667
129,829
141, 036
94, 075
46, 055
906
180,422
102,021
61,437
40,045
539
154, 260
98, 437
55,421
42, 528
488
123,118
163,891
102,499
60, 665
727
193,721
171,842
105, 039
66, 077
726
176, 572
181,021
113,185
67, 062
774
188,371
number.
do
do...
do...
247
120
20
207
99
AUTOMOBILES
Exports:
Canada:
Assembled, total
number..
Passenger cars..
do
United States:
Assembled, total
do
Passenger cars
-do
Trucks
do
Financing:
Retail purchasers, total
.thous. of doL.
New cars
do
Used cars
do
Unclassified
do
Wholesale (mfrs. to dealers)
do
Fire-extinguishing equipment, shipments:
Motor-vehicle apparatus
number..
Hand-type
do
Production:
Automobiles:
Canada, total
.do
Passenger carsf
do
United States, total tdo
Passenger carst-do
Truoksf
do
Automobile rims
.thous. of rims..
Registrations:
New passenger cars
number..
New commercial cars
do
Sales (General Motors Corporation):
To consumers in U. S
do
To dealers, total
do
To U. S. dealers
_
do
Accessories and parts:
Shipments, combined index. .Jan. 1925= 100..
Accessories for original equip
do
Accessories to wholesalers
.do
Replacement parts
do.
Service equipment
do.
4,758
67
38,560
59
31,105
64
34,309
60
31,440
71
35,106
50
39,001
58
39,654
85
41,869
74
49, 638
44,162
4,655
10, 475 r 4,660
2 , 789 r 2, 223
'7,901
440, 731 271, 274 135,165
90,101
371,922 209,351
45, 064
77, 631 68, 809 61,923
1,104
1,876
935
1,716
5,361
'4,448
224, 688
190,242
34, 446
1,847
10, 812
10,086
394,987
341, 085
53,902
2,173
' 20, 248
' 15, 957
498, 710
425, 365
73, 345
1,942
19,583
' 14, 697
380, 051
309, 637
70,414
2,124
19,707
' 14,173
363, 991
296, 636
67, 355
2,022
'24,901
' 19,127
494, 276
403,879
90, 397
2,166
17,081
12,927
536, 334
439, 980
96, 354
2,270
23, 458
17, 980
516, 899
425,432
91,467
2,190
171,319
41, 207
223, 560
30, 222
327,303
42, 205
280,615
47, 609
214, 973
41,815
363,573
60,291
385, 277
67, 884
'391,697
-65,857
85, 201
19, 288
4,669
44, 274
90, 764
69,334
155, 552
191, 720
156, 041
173, 472
239,114
197,065
92, 998
103,668
70,901
51, 600
74,567
49, 674
196, 095
260,965
216, 606
198,146
238, 377
199, 532
178, 521
216, 654
180, 085
114
108
98
153
105
138
144
99
158
109
150
167
96
139
103
164
198
83
113
91
154
178
93
116
99
152
166
124
131
106
157
174
96
134
139
178
199
92
155
160
181
202
103
152
157
169, 882 172,156 172,033 171, 934 171, 700
1, 729
1,772
1,769
1,767
1,763
184, 313 254, 447 258,198 256,903 241, 573
10.9
14.6
14.7
14.8
13.9
41, 895 25, 311 24, 373 20,530 18,434
29, 577 15,907
15,092 12, 924 11, 787
12,318
9,404
9,281
7,606
6,647
171,710
1,762
226,095
13.0
13,291
7,251
6,040
171,586
1,759
217, 243
12.5
16, 579
10,974
5,605
170,410
1,745
205,146
11.9
23,421
17, 755
5,666
170,109
1,741
205, 500
11.9
33,608
27,414
6,194
169,887
1,738
201,960
11.7
39, 729
31,214
8,515
169,682
1,733
187, 227
11.0
44, 708
34,314
10,394
169, 665
1,732
188,489
11. 1
46,197
35,814
10, 383
• 169, 839
1,731
192,286
11.3
44,397
31,802
12, 595
2,176
44,314
7,929
17.9
57
223
67
64
3
2,173
44, 208
7,782
17.6
58
157
111
102
2,167
44, 035
7,350
16.7
57
250
297
2,166
43,981
7,228
16.5
95
119
362
339
23
2,164
43,875
7,142
16.3
30
132
375
352
23
2,162
2,161
43, 766
6,956
15.9
74
96
345
311
34
' 2,159
' 43, 700
6,787
15.5
62
126
329
288
41
403
382
28
354
47
5
42
368
347
6,711
6,711
3
3
6,030
6,030
56
35,110
59,
841
919
298
394
904
142
236
628
866
139
390
174
190
99
167
154
36,573
16, 400
12,846
452,968
375,337
r
369,423
56,851
357, 490 262,912 208,896
63, 695 59, 222 54,611
189, 756 163, 459 133,804
217,931 204, 693 121,943
186,146 177, 436 99, 775
157
166
112
151
115
136
145
88
148
109
110
108
75
147
106
RAILWAY EQUIPMENT
(Association of American Railroads)
Freight cars owned & on order, end of mo.:
Owned:
Capacity
mills, of lb.
Number
thousands.
In bad order
numberPercent in bad order
Orders, unfilled
cars.
Equipment manufacturers
do
In railroad shops...
do
Locomotives owned and on order, end of mo.:
Owned:
Tractive effort..
mills, of lb..
Number
„
Awaiting classified repairs
number..
Percent of total
Installed __
number..
Retired
do
Orders, unfilled
do
Equipment manufacturers.
..do
In railroad shops..
_
do
Passenger cars:
Owned by railroads.
_
do
Unfilled orders
do
2,160
43, 673
6,676
15.3
67
94
296
259
37
2,186
44, 743
9,119
20.4
91
184
67
59
2,185
44, 682
8,906
19.9
60
124
65
57
2,182
44, 564
8,736
19.6
53
171
43
35
39,912
139
2,179
44,451
18.
106
215
50
44
279
18
• 39, 932
177
39, 705
183
43,790
7,083
16.2
39
126
359
334
25
39, 737
403
(U. S. Bureau of the Census)
Locomotives:
Orders, unfilled, end of mo., total
Domestic
Electric
Steam
Shipments, domestic, total..
Electric
__
Steam
Industrial electric (quarterly):
Shipments, total
Mining use
do
do
do
do
do
do
do
372
331
46
285
38
1
37
114
111
35
76
11
2
do
do
142
135
104
do
do
do
do
5,720
5,705
73
73
2,172
2,056
12
12
115
112
37
75
12
3
9
106
101
35
66
18
2
16
113
102
39
63
13
125
117
36
81
7
4
3
330
321
34
287
368
364
31
333
21
387
384
30
354
16
3
13
416
412
31
109
104
417
415
33
382
28
5
23
321
43
41
92
80
(American Railway Car Institute)
Shipments:
Freight cars, total.
Domestic
Passenger cars, total..
Domestic
1,930
1,924
0
0
3,854
3,804
4,964
4,963
1
1
8,205
6,205
40
40
3,799
3,799
16
16
3,513
3,483
12
12
2,846
2,766
2
2
2,644
2,615
28
28
5,541
5,520
3
3
(Railway Age)
New orders:
Freight cars
do.,
528
4,320
3,225
3,100
1,310
1,550
10, 532
17, 230
10,881
6,200
13, 046
3, 903
Locomotives
do..
22
24
3
24
22
174
33
46
29
84
14
Passenger cars..
do..
10
20
0
0
5
50
154
52
70
162
8
v Preliminary.
r Revised.
t Revised series. For 1936 revisions for airplanes see p. 55 of the March 1937 issue, and for automobiles for the United States for 1936, p. 55 of the June 1937 issue. Revinot shown above for Canadian production of passenger cars for 1936 are as follows: January 10,897, February 10,661, March 14,198, April 20,145, and May 16,218.
Digitized sions
for FRASER
56
SURVEY OF CURRENT BUSINESS
Monthly statistics through December 1935, together with explanatory notes and references
to the sources of the data may be found in the
1936 Supplement to the Survey
1937
June
August 1937
1936
July
June
1937
October
August
TRANSPORTATION
No
b™
m
"
January
February
March
April
May
EQUIPMENT—Continued
RAILWAY EQUIPMENT—Continued
(U. S. Bureau of Foreign and Domestic Commerce) |
Exports of locomotives, total
number..
Electric
do
Steam
do
INDUSTRIAL ELECTRIC TRUCKS
AND TRACTORS
Shipments, total
numberDomestic
do
Exports
do
SHIPBUILDING
United States:
Vessels under construction, all types
thous. gross tons. .
Steam and motor
do
Unrigged
..do
Vessels launched, all types
gross tons..
Powered:
Steam
do
Motor
do
Unrigged
do
Steel
-.
—do
Vessels officially numbered, all types
gross tons..
Steel
-do
World (quarterly):
Launched:
Number.
shij)S..
Tonnage
thous. gross tons_.
Under construction:
Number.
ships..
Tonnage
thous. gross tons—
153
149
4
113
110
3
125
115
10
112
101
11
124
113
11
111
103
8
129
122
7
152
146
142
131
11
141
135
6
221
169
52
9,999
210
159
51
23,282
201
151
50
24,007
223
153
70
12, 298
248
180
68
24, 048
237
163
73
22,100
281
190
91
4,060
323
225
98
18,018
342
243
99
7,178
380
276
103
8,675
9,300 j 7,451
0
810
13,982
15,746
23, 282
24,007
9,874
250
2,174
12, 098
16,614
297
7,137
24, 048
17, 571
0
4,529
22,100
0
0
4,060
4,060
0
10, 017
8,001
17, 793
0
140
7,038
7,178
725
0
7,950
8,675
31,871
22,607
44, 737
14,879
36, 591
20,791
66, 628
17, 557
186,673
24,765
54, 020
10, 022
17, 308
6,876
366
266
99
15,014
154
94
60
5,161
213
132
81
3,911
0
10,146
4,868
15, 014
0
125
5,036
5,036
0 |
0
475 ! 1,441
3,436
8, 558
3,436
9, 758
54, 693
20, 798
22,040
12,885
269
720
230
467
15,949
11, 407
14,118
3,992
5,953
2,857
44,091
33, 423
162 I
156
162
158
|
815
2,883
588 |_
1,951 j .
258
516
253
684
195
479
581
2,111
618
2,251
703
!,452
CANADIAN STATISTICS
Physical volume of business:!
Combined index
1926=100__
111.1
Industrial production:
113.0
Combined index
do
48.2
Construction
do
215.8
Electric power
.do
111.3
Manufacturing
do
Forestry
do
124.1
160.6
Mining
do
Distribution:
105.6
Combined index
do
Carloading
do
73.6
Exports (volume)..
do
104.3
Imports (volume)
do
88.7
Trade employment
do
127.8
Agricultural marketings:
Combined index
do
45.1
Grain
_
do
32.4
Livestock
do
101.8
Commodity prices:
Cost of living..
do
82.6
80.0
Wholesale prices
do
72.3
Employment (first of month):
114.3
102.0
Combined index
do
305. 2
87.0
Construction and maintenance
do
117.9
103.4
Manufacturing
do
151.9
132.1
Mining
do
129.0
123.0
Service
do
131.5
127.1
Trade
do,.—
86.7
85.4
Transportation
do
Finance:
Banking,:
3,136
Bank debits
mills, of dol—
73.3
Interest rates
1926=100-100
Commercial failures
number.Life insurance, new paid for ordinary
32, 277
thous. of dol—
Security issues and prices:
105, 033 190,179
New bond issues, total
do
3.51
Bond yields
.-percent113.8
Common stock prices
1926=100—
Foreign trade:
Exports, total
thous. of dol— 108, 857 79, 942
75, 669 57, 598
Imports
do
Exports:
Wheat
thous. of bu__ 12,180 25, 764
430
Wheat flour
-.thous. of bbl_.
Railways:
201
Carloading
thous.
of
cars—
Financial results1.
26,049
Operating revenues
thous. of dol—
24,049
Operating expenses
do
832
Operating income
do
Operating results*.
1,775
Freight carried 1 mile
mills, of tons—
Passengers carried 1 mile mills, of pass—
148
Production:
Electrical energy, central stations:
2,253
2,029
mills, of kw.-hr—
78
56
Pig iron
thous. of long tons—
119
82
Steel ingots and castings
do
Wheat
flour
thous. of bbl—
1,149
*• Revised.
110.8
113.5
120.0
121.5
118.0
118.4
116.9
115.0
118.7
' 124.0
122.0
112.0
43.7
215.8
109.5
124.2
169.0
115.8
37.9
212.4
114.8
121.9
180.8
123.9
44.5
211.0
126.5
128.2
171.7
125.5
44.0
225.7
129.0
132.4
163.0
121.7
42.7
215.6
125.5
133.0
157.2
121.1
40.8
219.3
123.1
150.4
168.5
119.4
37.7
223.5
122.8
149.9
156.8
117.7
45.5
225.3
116.4
138.1
170.1
122.4
83.0
237.7
115.4
138.0
161.1
' 128. 8
85.7
239.3
r 120. 3
138.0
185.2
126.1
56.4
232.3
122.3
133.6
191.4
107.3
79.3
107.9
85.7
128.0
106.9
79.5
117.5
79.0
127.2
108.5
81.6
308.7
85.3
129.1
109.9
78.0
115.8
96.6
130.2
107.4
74.4
106.1
95.7
129.0
110.6
85.0
107.6
93.5
129.5
109.8
79.4
107.4
93.3
131.2
107.2
77.7
97.9
84.4
130.5
107.9
80.6
89.0
85.0
131.3
r 110. 2
80.2
107.0
'99.0
130.4
110.4
79.5
108.0
90.8
132.8
77.5
74.8
89.2
317. 6
124. 5
86.9
116.6
120.1
100.9
90.3
89.9
92.2
72.7
67.9
94.0
51.0
40.1
42.0
29.6
97.2
31.4
17.9
91.7
37.3
24.5
94.7
62.3
56.5
88.6
53.1
46.7
81.5
80.4
74.4
81.1
76.4
107.1
109.0
105.9
140.2
137.5
126.3
89.4
81.1
77.1
81.6
81.3
81.7
82.9
82.0
85.5
82.2
86.1
82.8
85.1
110.1
103.9
109.0
147.9
127.4
129.6
88.3
81.4
77.2
111.0
99.6
107.7
151.8
124.9
132.0
87.1
81.7
79.7
104.6
97.4
104.7
134.1
131.7
127.3
87.1
81.0
76.2
105.6
102.9
104.9
137.9
135.8
126.3
88.7
110.1
80.1
107.0
150.3
122.4
136.0
86.5
103.8
61.2
102.4
145.6
124.8
136.9
81.4
104.1
57.2
105.3
147.6
119.1
128.4
80.7
102.8
52.8
107.6
145.8
118.9
126.1
79.6
103.0
53.7
110.8
146.0
122.7
127.5
79.5
106. 3
71.4
113.8
147.4
125.2
128.4
85.1
2,894
72.0
104
2,619
71.2
87
3,134
3S328
72.2
94
3,303
71.8
94
3,405
69.7
102
3,228
70.4
82
2,732
74,3
92
3,190
78.5
85
3, 370
77.9
2,769
74.5
32, 573
25,011
26, 966
30,092
37,813
36, 904
70,692
3.45
114.3
26, 791 177.870
3.41
3.35
114.7
119.5
124, 665
3.46
126.9
51,018
3.44
131.8
94, 279
3.34
129.2
84,968
53,821
93, 530
50,258
21,157
89, 582 1*3, 003 122,866
66,169
52,983
65,159
20, 720 26,917
33,309
464
378
409
99, 407
52,996
83,416
51,883
20,428
475
9,789
314
25,913
445
388
263
220
206
192
186
33,840
24,700
8,255
29,034
22,160
5,884
30,108
22,579
6,385
25,140
22,890
1,146
24,710
22,199
1,451
3,055
165
' 3, 266
127
2,376
107
2,161
169
2,053
131
1,936
132
2,042
52
86
1,516
r 2,380
70
98
1,701
2,262
74
99
1,459
' 2,326
68
104
1,090
2,319
66
115
1,009
222
28,637
26,026
1,615
r 2, 242
195 r 2, 684
183
2,021
35
69
1,301
2,020
39
80
1,363
75, 691
48,681
5,362
348
33,103
25,574
6,609
203
27,301
25,335
890
28, 764
207, 282 100,539
3.56
3.37
142.4
137.4
r
2,147
62
112
1,000
2,412
71
125
1,099
2,301
78
121
900
tRe vised series; for 1936 revisions see p. 56 of the March 1937 issue.
D . S . GOVERNMENT PRINTING O F F I C E : 1 9 3 7
INDEX TO MONTHLY BUSINESS STATISTICS
Page
52
Abrasive paper and cloth
31,32
Acceptances
55
Accessories—automobile
25,26
Advertising
37
Africa, United States trade with
Agricultural products, cash income received
23
from marketings of
31,32
Agricultural wages, loans
49
Air-conditioning equipment
26
Air mail
38,55
Airplanes
39
Alcohol, denatured, ethyl, methanol
50
Aluminum
39
Animal fats, greases
Anthracite industry
22, 29,45
Apparel, wearing
23, 28. 30,53
Argentina, United States trade with; exchange; fiaxseed stock
33, 37,40
37
Asia, United States trade with
46
Asphalt
Automobiles
22,26,28, 30,55
50
Babbitt metal
42
Barley
53
Bathroom accessories
43
Beef and veal
Beverages, fermented malt liquors and dis41
tilled spirits
Bituminous coal
22, 29,45
49
Boilers and boiler fittings
35,36
Bonds, prices, sales, value, yields
52
Book, publication
52
Boxes, paper, shipping
51
Brass
Brazil, coffee; exchange; United States trade
37,44
with
33
53
Brick
32
Brokers' loans
51
Bronze
24
Building contracts awarded
25
Building costs
24,47
Building materials
22
Business activity index (Annalist)
32,33
Business failures
41
Butter
56
Canadian statistics
44
Candy
38
Canal traffic
35
Capital issues
22,38
Carloadings
43
Cattle and calves
40
Cellulose plastic products
Cement
22,28 30.53
26,27
Chain-store sales
41
Cheese
Chile, exchange, United States trade with__ 33,37
44
Cigars and cigarettes
29
Civil-service employees
Clay products
28 30,53
Clothing
23,24, 28 30,53
Coal
_ 12 29,45
44
Cocoa
Coffee
23 24,44
45
Coke___
27
Collections, department stores
31,32
Commercial paper
38
Communications
Construction:
Contracts awarded, indexes
24
Costs
25
Highways
25
Wage rates
31
Copper
50
Copra and coconut oil
40
Corn__
42
Cost-of-living index
23
Cotton, raw and manufactures
23, 24, 53, 54
Cottonseed, cake and meal, oil
40
Crops
23, 40, 42, 43, 53
Dairy products
23, 24, 41, 42
Debits, bank
32
Debt, United States Government
34
Delaware, employment, pay rolls
29,30
Department-store sales and stocks
27
Deposits, bank
32
Disputes, labor
29
Dividend payments
A36
Douglas fir
7
Earnings, factory
30,31
Eggs-.
23,44
Electrical equipment
,
50
Electric power, production, sales, revenues-. 22, 41
Electric railways
37
Employment:
Cities and States
29
Factory
27,28, 29
Nonmanufacturing
29
Miscellaneous
29
Emigration
38
Enameled ware
48
Engineering construction
25
England, exchange; United States trade
with
33,37
Exchange rates, foreign
33
Expenditures, United States Government
34
Explosives
39
Exports
37
Factory employment, pay rolls
27, 28, 29,30, 31
Failures, commercial
32,33
Fairchild's retail price index
23
Page
Fares, street railways
37
Farm employees
29
Farm prices, index
23
Federal Government,
finances
34
Federal-aid highways
25,29
Federal Reserve banks, condition of
32
Federal Reserve reporting member bank
statistics
32
Fertilizers
39
Fire-extinguishing equipment
55
Fire losses
25
Fish oils and
fish
39,44
Fiaxseed
40
Flooring, oak, maple, beech, and birch
47
Flour, wheat
43
Food products
22-24,28,30,41
Footwear
46,52
Foreclosures, real estate
.
25
Foreign trade, indexes, values
37
Foundry equipment
49
France, exchange; United States trade with. 33,37
Freight cars (equipment).
55
Freight carloadings, cars, indexes
38
Freight-car surplus
38
Fruits
23,42
Fuel equipment
49
Fuels
45,46
Furniture
47
Gas, customers, sales, revenues
41
Gas and fuel oils
45
Gasoline
45
Gelatin, edible
44
General Motors sales
55
Glass and glassware
22,28,30,53
Gloves and mittens
46
Gold
33
Goods in warehouses
26
Grains
23,24,42,43
Gypsum
53
Hides and skins
.
24,46
Hogs
43
Home loan banks, loans outstanding
25
Home Owners' Loan Corporation
25
Hosiery
53
Hotels
29,31,38
Housing
23
Illinois, employees, factory earnings
29,30,31
Imports
37
Income-tax receipts
34
Incorporations, business
26
Industrial production, indexes
_,
22
Installment sales, New England
27
Insurance, life
___
33
Interest payments
_,
36
Interest rates
32
Investments, Federal Reserve reporting
member banks
,
32
Iron, ore; crude; manufactures
22,48
Italy, exchange; United States trade with... 33,37
Japan, exchange; United States trade with__ 33,37
Kerosene
46
Labor turn-over, disputes
.
29
Lamb and mutton
43
Lard
43
Lead
22,50
Leather
22,24,28,30,46
Leather, artificial
54
Liberty bonds
35
Linseed oil, cake, and meal
40
Livestock
23,24,43
Loans, agricultural, brokers', time, real
estate
31,32
Locomotives
55
Looms, woolen, activity
54
Lubricants
46
Lumber
22,24,27,28,47
Lumber yard, sales, stocks
47
Machine activity, cotton, silk, wool
54
Machine tools, orders
49
Machinery
.
27,28,30,49,50
Magazine advertising
25, 26
Manufacturing indexes
22
Marketings, agricultural
23
Maryland, employment, pay rolls
29,30
Massachusetts, employment, pay rolls
29, 30
Meats
43
Metals. _
22-24,27-30
Methanol
39
Mexico:
Silver production
34
United States trade with
37
Milk
42
Minerals
22,45,50
Money in circulation
33
Naval stores
39
Netherlands, exchange
33
New Jersey, employment, pay rolls
29,30
Newsprint
52
New York, employment, pay rolls, canal
traffic
29,30,38
New York Stock Exchange
35,36
Notes in circulation
32
Oats
42
Oceania, United States trade with
37
Ohio, employment
29
Ohio River traffic
...
38
Oils and fata.
39
Oleomargarine
40
Paints
41
Page
Paper and pulp
23,24,28,30,51,52
r
Passenger-car sales index
26
Passengers, street railways; Pullman
37,38
Passports issued 38
Pay rolls:
Factory
30
Factory, by cities and States._
30
Nonmanufacturing industries
30,31
Pennsylvania, employment, pay rolls
30
Petroleum and products. __ 22,24,28,29,30,45,46
Pig iron
22,48
Pork
43
Postal business
.
26
Postal savings
32
Poultry...
23,24,44
Prices:
Cost of living, indexes
23
Farm indexes
23
Retail indexes
23
Wholesale indexes
23,24
World, foodstuffs and raw material
24
Printing
.
28,30, 52
Production, industrial
22
Profits, corporation
34
Public
finance
34
Public utilities
24,29,30,36
Pullman Co
38
:
Pumps
49
Purchasing power of the dollar
24
Radiators
48
Radio, advertising.
26
Railways; operations, equipment, financial
statistics
38,55,56
Railways, street
37
Ranges, electric
50
Rayon
54
Reconstruction Finance Corporation, loans
outstanding
.__
.
34
Refrigerators, electric, household
50
Registrations, automobiles
55
Rents (housing), index.
23
Retail trade:
Automobiles, new, passenger
26
Chain stores:
5-and-10 (variety)
26
Grocery
26
Department stores
27
Mail order
27
Rural general merchandise
_,
27
Roofing
40
Rice__
___
42
Rubber, crude; scrap; clothing; footwear;
tires
_
__ 22,24,28,30,52
Rye
_
43
Sanitary ware
_.
48
Savings deposits
32
Sheep and lambs
._,
43
Shipbuilding
22,28,30,56
Shoes
22,24,28,30,46
Silk..
22,23,24,54
Silver
. 22,34
Skins
46
Softwoods
47
Spain, exchange
33
Spindle activity, cotton
54
Steel, crude; manufactures
22,48,49
Stockholders
36
Stock indexes, domestic and world
23
Stocks, department stores
27
Stocks (see individual commodities).
Stocks, issues, prices, sales
36
Stone, clay, and glass products
22,28,30,53
Sugar._
._
_ 23,24,44
Sulphur
39
Sulphuric acid
39
Superphosphate. _,39
Tea.__
23,24,44
Telephones and telegraphs
38
Terneplate
.
50
Terra cotta
53
Textiles, miscellaneous products
54
Tile, hollow building
S3
Timber
47
Tin and terneplate
23,24,50
Tires___
22,24,28,30,52
Tobacco
22,26,28,30,44
Tools, machine
49
Trade unions, employment
29
Travel
38
Trucks and tractors, industrial electric
56
United Kingdom, exchange; United States
trade with
33,37
Uruguay, exchange
33
United States Steel Corporation
31,36,49
Utilities
_. 29,30,34,35,36,41,55
Vacuum cleaners
„_,_,
50
Variety-store sales index
26
Vegetable oils
39,40
Vegetables.._
23,42
Wages
...
_
31
Warehouses, space occupied
26
Waterway traffic
38
Wheat and wheat
flour
_
23,24,43
Wholesale prices
23,24
Wire cloth
_
51
Wisconsin, employment, pay rolls
29,30,31
Wood pulp
_,
51
m
Wool.
_
„ 22,54
Zinc...
_
22.50
Sources of Current Trade Statistics
Market Research Series No. 13
A bibliographical reference book covering approximately 3,000 series of statistical reports issued by 240 governmental departments and commissions, trade associations, private research organizations, and trade and technical journals.
Approximately three-fourths of the series listed are carried in the Survey of Current
Business, but users of the Survey will find of interest references to the availability of
additional statistical material not published currently in this periodical.
Sources of Current Trade Statistics is a book which should be a part of the equipment of libraries, statistical departments, and students interested in current economic
changes.
Copies are obtainable at 25 cents each from the Bureau of Foreign and Domestic
Commerce, Washington, D. C , or through any of the Bureau's offices located in principal
cities throughout the country. Copies are NOT obtainable from the Superintendent
of Documents.
Stories of American Industry
To bring out the lighter and more interesting side of the history and the progress of
American industry the Department of Commerce recently inaugurated a series of weekly
broadcasts which have been presented to the public over a coast-to-coast network of
the Columbia Broadcasting System. To date more than 20 typical American industries
have been discussed.
No phase of American history and progress is so packed with romance as that of
our industrial growth. The cotton gin, the Bessemer process, the tireless experiments of
Edison, the application of steam to transportation—these and many other developments
have been highlights and stepping stones of American industrial progress.
Demand for these weekly talks has been so great that those made up to June of
this year have been published in a handy booklet. Copies of this booklet may be
obtained, for 10 cents each, from the Superintendent of Documents, Government
Printing Office, Washington, D. C , or through offices of the Bureau of Foreign and
Domestic Commerce located in principal cities throughout the country.
@FedFRASER