Full text of Survey of Current Business : December 1931
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DECEMBER. 1931 SURVEY OF CURRENT BUSINESS UNITED STATES DEPARTMENT OF COMMERCE BUREAU OF FOREIGN AND DOMESTIC COMMERCE WASHINGTON V O L U M E 11 N U M B E R 12 Economies ...in research Economy of time! Authoritative figures prepared by Government statistical experts. Arranged in classifications proven most convenient for industrial and economic investigations and compilations. Such data to measure your production, sales, prices, employment, stocks, consumption, unfilled orders, and general condition in comparison with the totals for your industry. Substitute these basic facts for time-consuming preliminary compilations in your own office! Economy of money! For $1.50 a year much timely data at your fingertips. Christmas Suggestion THE SURVEY OF CURRENT BUSINESS Substituted for the expense of hours of collecting, totaling, checking, revising. Such economies extend to field as well as desk research .. indicating the wisdom of proposed sales procedure. The investigator who has the background of facts at hand will release dollars of research appropriations which will find their way into the net profit column. is a suitable gift for a Business Man THE SURVEY OF CURRENT BUSINESS is prepared to help you effect such economies V o l u m e 11 D E C E M B E R , 1931 N u m b e r 12 W E E K L Y D A T A T H R O U G H N O V E M B E R 2 8 . 1931 M O N T H L Y DATA THROUGH OCTOBER SURVEY OF CURRENT BUSINESS PUBLISHED BY UNITED STATES DEPARTMENT OF COMMERCE WASHINGTON CONTENTS Page Monthly business indicators. Business situation summarized.... Finance 1931 in comparison Commodity prices Employment Domestic trade___ _. Foreign trade Transportation Construction Agriculture-.. Iron and steel industry. Chemical industries Automobile and rubber industries Textile industry Food industries . Forest products industry New and revised series.., Weekly business statistics Monthly business statistics (Index) _. ... . . . . „ . . . _ 2 3 4 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 _. 21 22 Subscription price of the SUBVBY OF OUEBKNT BUSINESS is $1.50 a year which includes the 12 monthly numbers, the annual lupplement,and the 52 weekly supplements; single copies (monthly), 10 cents; annual supplement, 25 cents. Foreign subscriptions without weekly supplements, $2.50; single copies (monthlyissues),including postage, 14 cents; annual supplement, 36 cents. Make remittances only to Superintendent of Documents, Washington, D. O., by postal money order, express order, or New York draft. Currency at sender's risk. Postage stamps or foreign money not accepted •38026—31 1 SURVEY OF CURRENT BUSINESS December, 1931 Monthly Business Indicators 1923-1925=100 INDUSTRIAL PRODUCTION INDUSTRIAL PRODUCTION MANVFACTURIS (ADJUSTED)*' ' 100 FACTORY EMPLOYMENT 125 ADJusreo* !QO 100 75 11 in i 1 1 ! i i i 1 1 1 1 ill i! 1 1 1 1 i 11 ii I i ! i U I 11..I i.i 1 1 1 1 1 i-TTTfTHji i * TOTAL FREIGHT CAR LOADINGS I30r CAR LOADINGS L.C.L 120 r UNADJUSTEH \DJU5TED* 100 60 70LLLi 60 DEPARTMENT STORE SALES WHOLESALE PRICES Z20 VALUE OF EXPORTS 150 VALUE OF IMPORTS 150 100 100 °W I I I I I I 1 1 I I h i ireji Ijri ZOO BANK DEBITS OUTSIDE NEW YORK CITY 50 h ' I I I ! I I I i 1 I ! I I I I i I I 1 I I I I I ! I I I I I M I I I ! I I I i i H M BUILDING CONTRACTS AWARDED zoo 150 150 ^7^ '100 50 1927 1926 1929 1930 1931 * ADJUSTMENT FOR NUMBER OF WORKING DAYS AND SEASONAL VARIATION 1927 1925 1929 I93O 1931 SURVEY OF CURRENT BUSINESS December, 1931 Business Situation Summarized Car loadings increased in October, but after allowing for the number of working days, the index was unchanged. Variation in the unadjusted index this year has not been large, but the adjusted index has receded steadily and in October was 16 per cent below January and 20 per con t below a year ago. Foreign trade remains restricted with a further slight recession in October imports, contrary to the seasonal trend. Exports increased following the gain of September, but, as in the preceding month, the increase was less than seasonal. The value of building contracts awarded in October declined by more than the usual seasonal amount, arid a further reduction occurred in the first half of November. Financial markets improved following the establishment of new low levels in early October. Stock prices moved irregularly upward during the last three weeks of the month, but the trend since the first week of November has been downward. Bond prices have made little progress. The extremely heavy gold export movement in late September and in October has terminated and recently there has been a substantial net gain of gold on balance. Wholesale prices declined in October, but the lows reached early in that month were followed by some improvement. TT^URTHER recession in general business activity A' occurred in October and early November, and in general such gains as were realized were less than seasonal. Retail trade expanded arid for department stores alone the increase was greater than the usual gain. Industrial production declined for the sixth successive month and in October was 18 per cent below the peak of the spring rise in April. For the elapsed 10 months, the adjusted index averaged 16 per cent below a. year ago while the October index was off 15 per cent. The loss in October was the result of a further drop in manufacturing, as the mineral output increased more than seasonally. The principal gains were in the output of coal and petroleum with iron ore sharply lower, and the nonferrous metal group slightly changed. Decreases in manufacturing industries were general. Factory employment and pay rolls underwent a further contraction in October. The pay-roll index was 4 per cent below the preceding month and was only a little more than half of the peak reached in 1929. Increased employment was confined to the tobacco, and paper and printing industries, but in both the increases were less than seasonal. Pay rolls were lower, except in the paper and printing, chemical, and tobacco groups, with the largest relative decreases in the textile and leather industries which up to now have been doing relatively well. I i r Tear and month i i f ! g- S« 1 ^ i f i l! 1 !i" 1 1• i I H 5? 9 fc £ Total lotai . i ! 1 1 9 at Sfl l * 02 3 , a fl i ^ i New ' | I]!: ; ! : 1 ' i j : i 1 118 118 118 101 111 \ 118 104 | 109 104 : 122 1 112 87 85 82 85 84 80 98 92 94 82 81 80 81 1 75 74 ! 97 86 84 ; 84 ; 97 94 86 93 i 92 no | 112 113 165 102 98 94 86 76 72 77 ' 120.0 63 i 99.9 65 1 117.2 83 86 88 90 89 84 83 79 76 74 81 86 88 90 89 84 83 79 76 72 90 | 88 i 87 92 86 85 84 79 j 78 78 78 78 78 76 75 74 73 70 68 73 75 74 72 68 64 64 62 59 83 87 89 91 92 89 87 86 88 87 90 89 89 88 89 89 88 86 85 83 79 80 92 101 97 90 65 67 87 94 97 98 97 106 97 95 91 88 84 86 66 59 62 57 54 49 48 43 48 54 57 54 65 58 56 55 54 52 53 50 85 i 1 i i 74 74 74 75 77 ! 11 ji S78 ! 78 82 ! 80 80 : 80 79 : 77 : 76 ; 72 ! 69 ! 69 1 l ! ; ! ; l Wholesale prices i sfs •ow s| £ 121 99 83 i i 1 122 99 83 115 101 85 102 89 76 109 I 90 68 Adjusted for seasonal variation. 108 | S l 105 98 88 .Q il 1 IS || a u§ r i si 139 163.2 103.9 92. 7 82.6 80.4 78.4 82.6 79.3 75.2 81.5 80.1 79.0 91.9 66 64 61 59 59 55 77.0 75.5 74.5 73.3 71.3 70.0 70.0 70.2 69.1 68.4 73.5 70.1 70.6 70.1 67.1 65.4 64.9 63.5 60.5 58.8 77.8 77.1 75.6 74.2 73.2 71.9 71. 8 72.3 72.0 71.4 116 ; 140.3 82 i 119. 0 94.3 119 94 66 97.0 87.8 71.9 105. 4 90.7 66.5 92. 9 86.2 73.7 121 I 110.0 ! 86.6 j 98.4 ! 99.5 1 95. 6 i 98.4 j 93.5 ! 83.8 i 84.3 107 78 ' 76 73 i 71 1 ??73 96.3 : ! i ! ai Moni,hly average 1026=100 Monthly average 1923-1925== 100 ; i January i '! Merchan! dIse,Lc.l. • ; 1929: October 1930: October November December 1931: January February. _ March April May. . June July August September _ _ October.. Monthly average through October: 1929 1930. 1931 i' Foreign trade, value Building contracts, all types, value, adjusted ; ! Department store sales, value Freight car loadings debits outside York City i i Bank 1 ! Industrial produc- Facto ployi tion and pi Amount of payrolls, i i 2 o unadjusted * I 2.S-3 ; 5T i MONTHLY BUSINESS INDEXES 101 95 85 &0 j 108 86 54 * Adjusted for number of working days. SURVEY OF CURRENT BUSINESS December, 1931 Finance—Credit and Bankin important credit changes of the month THEaremore reflected in the combined statements of the October gold exports and earmarkings represented a record for one month. The cessation of the outflow Federal reserve banks which show sharp increases in was as sudden and complete as its inception had been money in circulation, in total bills discounted, and in bills a month before and by the beginning of November bought in the open market. The increase in circula- the situation, characterized by a physical export of tion and the foreign demands upon the gold reserves the metal of $398,600,000 during October, had largely were met by an expansion of Federal reserve credit corrected itself. Money rates have eased slightly and of approximately $600,000,000 during the month while a drop in acceptance rates on November 9 brought the reserve ratio against note and deposit liabilities new bills into the market. The Federal reserve banks combined fell from 73.4 per cent to 56.5 per cent. hold an unusually large proportion of the outstanding Toward the end of the month the demands by acceptances but bills subject to renewal are finding Europe upon the dollar had practically ceased. With their way into the open market to meet the buying the correction of erroneous impressions abroad con- orders which it was difficult early in the present cerning the "free gold" holdings of the Federal reserve month for the dealers to meet. system and also concerning the method of operation of Bank debits since the beginning of October have the new credit corporation, gold exports virtually continued highly irregular although debits outside of stopped. Since the end of October the gold holdings New York showed an increase during the month as of the reserve banks have increased approximately well as during the first week of November. Both $135,000,000. During the last week of the month loans on securities and "all other" loans by reporting money in circulation reversed its previously upward member banks declined, steadily throughout October trend and has shown a relatively small increase since and the first half of November, the reason for the the beginning of November. Also, since the middle of drop in the latter being probably accounted for in October foreign funds held on deposit with the Federal part by the sale of bill holdings to the Federal reserve reserve banks have been steadily withdrawn, not, as banks. Institutional liquidation of bonds, which kept several weeks ago,in the form of gold exports, but rather the bond market weak during the period under review, through being reinvested in bankers' acceptances as is evidenced by the October decline of commercial indicated in the weekly rise in bills purchased by the bank investment portfolios. Postal savings deposits have shown an unusual rate of increase. reserve banks on foreign account. CREDIT AND BANKING STATISTICS Eeportfng member banks Wednesday closest to end of i month ! Bank debits New York City Outside New York City fnins Loans Canada A|1 other «P£?PI HA* ties loans Net Total gold bankDe " savin Postal ers* ae- JiS*°« InWon*?' posits b ' »s, eentances cluSing ^ S " MemoutTotal ^.j T Tt>ta! ber ; stand - ?ed ffi »S" «*" bills iJ.SSL Total bms It^l'i savings ofdeing bought Sf '£» reserve bank banks dis P°s«ors " in the ™«» bank reserve end of from count1 credit acmonth eared open i"?,™ mark market ties count Condition of Federal reserve banks, end of month : In _ vest " ments Thoul sands of ' dollars MILLIONS OF DOLLARS 1929:JOctober 1930: October November... December 1931: January February March. April May ..„ Juno July.. . August September... October 4,713 9, 179 9, 755 5, 496 1,000 355 j 321 \ 1,742 2,666 ' 1,541 13. 0 4, 810 4, 372 j 161, 583 30,781 23,679 22,490 , 19,700 29, 001 23, 113 3,618 2,974 | 3,012 8,065 7,768 i 7, 814 | 8,707 8,766 i 8, 449 i 6,731 6,800 6, 693 207 275 251 163 | 175 i 364 602 599 729 j 998 1,079 1,373 2, 418 > 2,373 ! : 2,471 1, 508 1,571 1,656 20.3 ! 33. 1 i 17. 5 | 4,501 4, 528 4, 823 4,658 ! 192,543 4, 666 i 200, 668 4, 792 \ 245, 379 24, 557 20,948 27, 589 26,821 25, 072 25,893 21,007 17.501 20, 073 20, 678 2,668 2,535 2,570 2,786 3,172 2,694 2,400 2,244 2,451 7,379 7, 313 7. 256 7,052 6,867 6,746 6,544 6.519 6,346 5,897 8,374 6,843 8, 151 7, 183 8, 126 7, 551 7,941 7,903 7,863 7,807 7,945 7,795 7,942 7,810 7,879 7,665 7,845 7,916 i 7,624 7,700 232 198 250 157 174 149 195 255 328 728 125 109 124 163 125 106 73 215 469 681 610 ! 980 599 925 599 990 598 937 598 917 668 943 678 976 728 1,255 742 1,578 727 2,184 4,695 4, 598 4,590 4,647 4, 679 4,750 4,836 i 4,947 I 5,133 i 5,478 4,888 i 278,353 4, 928 i 292, 059 5,018 ; 302,058 5,059 i 313,775 5, 083 i 325, 028 5.156 347,417 5,149 ! 370,827 5,173 ; 414,986 5.231 i 460,915 5,217 527,130 63,325 32,202 21, 697 17,084 19, 421 19,620 18, 858 19,406 18,444 16,526 16, 627 18, 125 ! I ! ! ! i 1 ! i ! ! i ] ! 1 ! i j ! ! ! i 2,398 ! 1,520 2,343 ! 1,520 2,428 ; 1,467 2,371 j 1,422 2,3891! 1,413 2,381 1! 1,368 2, 367 1, 228 2,373 , 1,090 2,364 , 996 2,167 1 ' 1,040 46.3 18. 6 28.6 42.0 53. 6 156.1 —10.2 41.5 -258.5 -445.3 i 1 1 i • : i SURVEY OF CURRENT BUSINESS December, 1931 Finance—Security and Money Markets and money markets were featured durSECURITY ing October by the year's sharpest firming of money rates and by a record outflow of gold. Security prices, after reacting favorably to the President's announcement on October 6, relative to the proposed national credit corporation, weakened again but many of the gains were held throughout the month. A general rise in stock prices early in November was followed, toward the middle of the month, b}^ a series of daily declines which carried quotations close to their early October lows. Bond prices have also been unable to hold their gains of early October. After the suspension of gold payments in England late in September the market was called upon to absorb both stocks and bonds held abroad. The fears abroad which led temporarily to a flight from the dollar and the necessity of domestic institutions to liquidate bond holdings introduced an element of weakness for a period of several weeks into the security markets generally. With the return of confidence in the dollar late in October gold withdrawals ceased and bond prices turned upward for several days early in November. New capital issues continued throughout October on a very low level. For the first time since the war a whole week passed duringwhichnonewissue was brought out. As compared with the correspond ing months in 1929 and 1930 total dividend and interest payments showed a relatively small decline during October. The month's money rates reflected the temporary strain placed upon the financial markets by the pressure on the dollar in foreign centers. The two increases in the New York Federal Reserve Bank's rediscount rate early in October were followed by an upward adjustment in bill rates when the greater part of the bills held by the commercial banks, foreign banks, and acceptance dealers were transferred to the Federal reserve banks. By the middle of the month commercial paper rates and rates on both call and time loans had moved to the highest levels since the end of 1930. Rates have continued firm through the first half of November, although rates on bankers' bills have been cut somewhat owing to the extremely small amount available in the open market after the closing clays of October. The steady decline in brokers' loans, which has been a feature of the security markets throughout the year, continued during October. The recent rule enforced by New York member banks, whereunder they have ceased making loans for the account of outside lenders, has had no perceptible effect owing to the small amount of such loans outstanding.; SECURITY AND MONEY MARKET STATISTICS - •' - " ••• '1 ' ! i i :| ' Price Indices of fori els n listed comus <»u stock : ! ! ! ' S i| Range of opeii mar- ' ket money rates New York Brokers' loaiIS Made ; Re- * l Stock PJ*** ; StOCk ; COR!- : in onsioek > . yields : I . f _ i don Paris New Bond ; , yields i ': i i by re- LongJ , Total term ! *^^J^n »a ; portCall ' mon-'i Tisiie eyre- j loans l?CT : new a! • i CJniij- in er- h a n k s York to Stock mareial in paper .N.Y.C., Exket Wed. | change. value closest i end of L to month end of . month ,! ThOU PPI TO tila r . f v f t o ( }« P« i lDec e'c '«'P*w M ioiu Pont e to wpvvtigiitjpv, t . pRT .t 1923 'u v1*413 ce^Ji shaie 5 faands V 2f !! 1929' October 1930: October November . . December. .... 1931: Jannirv, February March April. . May June July August September October 2P. 7 141 f6S . • < 33 i 7 ') 111 7 iG'M .... 1123 1 10 S U f» ! y f 2 ' OS d l r «> 1 98 2 95. i 81 7 60.7 ! r 122 07 65 49' 6l,94f f 8, 78 j (> 5 43 | 15 62 0° f>S to In 8& 1*1 52,54 F 64, 14, f 5, I'H o4 3J* «fi,ffi] c s 71 c ) .-v3,51l ) 24, X ;() M. 14f ) 47, ^<i T fO 5 12 4.93 543 I ^ •> < f 5 CG ^74 F 51 * 2S S3 '«8* 92 &0 70 8M>2 77 f» 70 ^3 70.42 7240 (090 TO. I t 51 8 ^2 ir»> 37^ 143 9 i 'i 4 7,-? i 7?4 it'.P, - . . in 97."^ 7A7 sr.fi t J] 399,81^ 4, WO 4 44 7^,2^1 , ? f/O 4.4! lifiQ f»°0 2015 4.43 2«7. 471 7,?3 B , 4 4,? i lP.Q,d''0 ' 9.1^5 V 4.45 m H i 425 4.44 115.070 775 4.50 4fi, 197 2,100 4.70 l'u.381 f 6, 785 5.16 17,391 9, 1?5 M i l l i o n s of dollars Per cent Thousands of do'lars 105 0 4 41 1*1 14^ f» T°5 -03 4 | 4! 40 ' 137, f,'J2 9, '»r'^ 97.0 ' 4.55 ihO, ^-7z ' i. •, *77 S40 905 Sfi'i 8 7 '7 ^ 973 ^62 1012 $6 96.6 V80 f> 329 83.7 J 00 Closed 304 ("2.0 U') Ciosid. 0 r j • 6 43 x; 777 T i 595 028 7 j 2, 927 Beported ill ern- by the Kahcr New tie 7 -0 9 Of) ; 1,121,43* : 523,807 5M.282 i 718,873 550, fi24 ~fi2 077 945,376 • 489 858 532,840 747,157 Olx'-OS^' 2 oo i 2 "-2k; 2,23 , 2 FjQ j 3.J — 2 1.55 1.52 1.45 1 50 1.60 ! 2 -2V£ ; 134~2H i 1K-2 ' \Y4.-\% ' 1H'-1M 1 50 1^-lVo 1.50 i \\i-1 " tyi-l 2.10 i i 2*4-3 -2U 2$i -3 1.57 . 1H-2H •J ' '"* \ r i i 234 -3 ! : 2i/6 -2 ^ ! 2U : 1 2 -2''.;, i 9 ! 2 : 2 2 2 -4H Per rent o 538 i ( : U'9 P 51 9 \\>2 '* S r iB 4 f- 1 ) 2. 1 i 1 1.926 :'' 1 H2 1.894 i ' Of; 1.734 1, 798 1 875 1 . 730 1.539 1.47'"* lt 390 1,720 1,840 1,909 1, 'J5J i. 435 1.301 I. 344 1,172 1.044 796 3.30 3 22 3 58 3 40 3.37 2 93 3.03 3 04 3.23 3. S3 869 SURVEY OF CURRENT BUSINESS December, 1931 1931 in Comparison &///////////A BANK DEBITS 50 0 IQ3I 1930 1929 1928 1927 L. 1 OUTSIDE 1 —— NEW YORK 100 ! 1_ 1_ CITY 150 1 J REMAI NDER OF YEAR /£>'LL/C ws — EOO ' ' \ i _. i .1 350 300 250 ' OF DOLLARS) .- . . i . f.-.. | CONSTRUCTION CONTRACTS AWARDED (BILLIONS OF DOLLARS) 0 3 2 5 -4- 7 6 1931 1930 1928 1927 \ STEEL INGOT r ~~] ;o 0 i ._,,_.„„ mil 20 K^ggSSffSi --mm m 193! m& assazpiK 1930 mm mm 1929 !928 1927 PRODUCTION (MILLIONS OF TONS) 30 1000 60 50 70 mm mm ^^ AUTOMOBILE 0 40 2000 i PRODUCTION (THOUSANDS OF CARS) 3000 4000 5000 1931 !930 1929 1926 1927 FREIGHT 0 193) 1930 !929 1926 1927 10 CAR 20 LOADINGS (MIL LIONS OF CARS) 30 40 1 50 aiBa^aie^K| ^a@ ^ '////////A ; .. i SURVEY OF CURRENT BUSINESS December, 1931 Commodity Prices RICES of commodities in October were slightly Plower than in September, 1931, but the decline was per cent to 3.1 per cent. Fuel and lighting materials and miscellaneous products advanced slightly from September to October, 1931. Among the subgroups of commodities drops in prices exceeding 5 per cent occurred in hides and skins, in livestock and poultry, in nonferrous metals, and in fertilizer materials. Little change has occurred in retail prices of foods since June. On October 15, 1931, retail food prices were 17.5 per cent lower than on the corresponding date of last year. From September 15 to October 15, 1931, declines occurred in 28 of the 42 articles of foods on which retail price quotations are regularly received, prices of 8 articles advanced and those of 6 articles showed no change. Farm prices on October 15, 1931 were 5.6 per cent lower than on the corresponding date of the preceding month as a result of drops of about 8 per cent each in prices of grains and meat animals, of 10.6 per cent in the price of cotton and cotton seed and of a fall of 15.7 per cent in prices of fruits and vegetables. Prices of dairy and poultry products advanced 6.5 per cent. less than from September to October, 1930, except for prices received by farmers for the products they sell. Wholesale commodity prices averaged about 1 per cent lower in October than in September, but the decline was less than from August to September and there was additional evidence of an underlying tendency for prices to fluctuate within a narrower range. Of the 550 commodities or price series included in the combined index of wholesale commodity prices, advances occurred in 190 instances and no change occurred in 256 others. Weekly indexes compiled by private agencies indicate that wholesale commodity prices have remained relatively steady during November. Prices of foods, of metals and metal products, of building materials and of chemicals and drugs declined less than 1 per cent and prices of house furnishing goods, of textile products, of farm products, and of hide arid leather products dropped from 1.8 INDEXES OF COMMODITY PRICES Eetai! Wholesale » S| , i g| | 15 : ^ j-go- | : ""•g 3 «S '. | §S^3 ; •§ 'O w i i ^3 oo ? ; 33 « : i s< jj ; : ! ; 3 S Year and month _ • fit Se ^ 5z« ' & *•§o J3 *> h 6 £s« ^"a ' ^ hi i "S : as oSi'® : £S 0 W« ; '„1 .1 i £ ^-g i I* V* O O^ ft 'i *" ^ ' * 1 i Hi tt _ 1 : T* 5 »j "Is t« • « ft i .$ .* • ^ Ml ! : ! A « ' i 1 2 1 '2 I « -5 -d P S a Sf * S 3 o ^ 1 j= « ® ••! § S3 i 05 a ! x I Sj rt ! i u SI ' TO *g a g eo I cH 1 3 Q S J£ 1 -2 .*. ! B ' fl g S ; _.S « i ,£ , fe 1 © • fe • : «n li*** I® ^S flfl 1 0 ae " ';• Si iS ;i 15 QC Farm* i .2 .jg 1 S oc 0 Mo. Mo. Mo. i averaver- average i cge ' age j 1909 1913= 1923= i to 1914 = , 100 ' 100 Monthly average 1926=100 ! 100 1929: October...- - . . 1930: October November--. _ December 1931: J anuary Februarv _ . .. _ . March „-. April May_ ._ . 06.3 103.00 „ July August September October. .... . _ _ Monthly average, January through October: 1929 1930 1931 82.6 80.4 78.4 82.6 79.3 75.2 77.0 76.5 74.5 73.3 71.3 70.0 70.0 70.2 69.1 68.4 73. 5 70. 1 70.6 70.1 67.1 65.4 64.9 63.5 60.5 58.8 101.2 ! 92.7 88.6 ! 85.7 I 81-8 1 j 80 1 i 77. 1 i 76.7 75.6 72.9 ! 72.4 73. 1 I 73.7 ! 72.9 i 72.6 ! 1 i 97.0 1 105.4 87. S i 90.7 71.9 i 68.5 110. 5 ' 92. 7 ] ! 97. 1 81. 3 97. 1 97. 9 i Q:>. S 161 101 0 140 85.6 84.4 86.0 ij 85.2 84.8 i 95 3 95.2 91.3 68.8 67.8 66.9 80.0 76.8 74.2 75.5 1 85. G 75.6 I 83.7 74.3 81.9 i 144 141 137 94.8 93.9 92.6 106 103 97 89. 3 88.9 89.0 88.7 87.8 87.4 87.5 87.1 87.2 86.5 82.9 81.8 81.9 80.9 73.4 77.5 75.8 75.4 74.9 74.3 83.6 91.1 82.2 90.8 81.9 90.8 80.1 i 90.8 79.1 1 89.2 77.9 88 6 77.3 88.0 75. 5 ; 87.5 74.8 84.7 83.2 72.9 70.6 69.4 68.3 66.5 64.7 64.3 64.1 62.7 61.5 73.4 72.3 72.2 71. 1 ! 68. 9 !' 68.5 69.5 68.3 i 65.3 1 64.7 133 127 126 124 121 118 119 120 119 119 01 1 89.8 i 89.1 : 74.1 ; 64.7 63.9 61.7 63.9 62.8 61.8 61.0 58.5 58.4 59.0 86. 9 8* Q 85.9 1 85.9 ' 85.6 84.9 : 104. 8 96. 3 87.9 97.3 91. 3 78.4 94.5 ! 96.8 89.4 | 96.2 78.7 i 88.5 80.6 74.7 61.9 97.9 86.3 66.5 96. 8 ! 96. 7 ! 83.9 | 89.5 69.5 78.1 ! 156 149 123 99.9 96. 7 87.3 81. 7 | 103. 6 81.5 80.1 7Q. 0 96. 5 94.0 91.2 73. 8 ! 75. 1 73.3 71.8 72.4 ! 70.5 90. 4 00.2 90.0 77 8 77. 1 75.6 74.2 73.2 71.9 71. 8 72.3 72.0 71.4 88.6 86.6 87.4 87.3 87.3 87.8 89.2 88 5 84.8 8?. 2 ' 71.0 70.4 69.2 67.6 66.3 65.4 65.4 64.2 62.9 61.5 ! 69.8 69.6 i 64.5 ' 61.6 1 60.9 ! 58.1 ! 58.2 i 62.3 1 63.3 I 03.4 100.0 i 92.9 91.5 ! 86.2 74.7 1 73.7 109. 4 101.5 87.9 ^ 94. 3 ; SI. 5 82.4 i 77.1 88.4 ! 83. 2 94.2 97.8 ) ! 80.5 79.3 78.4 77. 1 75. 1 74.0 74.0 74 6 74.0 73.7 ! 1 Department of Labor. 2 Department of Agriculture. 3 National Industrial Conference Board. 88 9. i 94 90 91 91 88 80 79 75 72 68 138 120 83 SURVEY OF CURRENT BUSINESS December, 1931 Employment A DECLINE of more than the usual seasonal pro-^*- portions was recorded in factory employment during October, the seasonally adjusted index thereby receding slightly from the September figure to a new low for the depression. The unadjusted volume of wage payments to factory workers declined by almost 4 per cent from September to October. The petroleum and rubber products industries were the only groups recording employment increases after seasonal adjustments are made. Declines in employment after seasonal adjustments are made were recorded by the following industrial groups: iron and steel, machinery, textiles, food, paper and printing, lumber, automobiles, leather, cement, clay and glass, nonferrons metals, chemicals, except petroleum, and tobacco. During the first 10 months of the year factory employment averaged about 15 per cent under the same period last year, and 26 per cent under 1929. Pay rolls during the 10 months were 25 per cent under 1930 and 38 per cent under 1929. A seasonal increase in employment and volume of pay rolls occurred in retail trade during October; the increase in employment from September was about the same as that recorded for the corresponding period last year. The average number of employees in retail trade during the first 10 months of the year was about 7 per cent less than during the same period last year, while pay rolls averaged about 10 per cent lower. Both employment and pay rolls of bituminous coal mines increased from September, but the increases were smaller than those normally recorded at this season of the year. The same items for anthracite mining, on the other hand, exceeded the normal increase for the period. Bituminous coal mining employment during the first 10 months of the year averaged about 11 per cent under the same period last year, and employment in anthracite mining averaged 13 per cent under the previous year. Both employment and pay rolls of power, light, and water companies decreased during October as compared with September. The index of employment decreased by 2.1 per cent, while pay rolls decreased by 1.2 per cent. A similar decrease was recorded during the corresponding period last year. The telephone and telegraph group reported a decline in employment of 1.1 per cent during October as compared with September, and a drop of 0.5 per cent in volume of pay rolls for the same period. Employment and pay rolls of both of these utility groups were materially under October last year. The proportion of trade-union members employed, during October was the same as for the previous three months, 74 per cent. Trade-union employment, however, was more than 6 per cent under October, 1930, and 17 per cent under 1929. STATISTICS OF EMPLOYMENT, PAY ROLLS AND WAGES Year and mouth Factory employment i F.K.B. F. E. B. i factory __ pay rolls, unadAd- Unad-| }usted*| justed! justed ! Monthly ave rage, 1923-1925=] 00 1929: October 1930: October . November __ December... __ 1931: January February March ._ April _ . May June July August September October Monthly average, January through October: 1929 1930 1931 i EmPloymeiit Anthracite |j Power, light, !' Telephone j n^ttn fr«dp raining || and water j and telegraph | ! p £f£ ! rol b ' ; Em- ; p i; | j| Em- < , p ' i 110.9 98.8 106. 8 82.2 81. 1 80.1 84.3 ! 81.0 ; 78.8 1 80 8 75. 1 73.7 91. 8 92.5 62. 5 79.4 79.1 77.7 [| 106.1 ; 133.9 !' i! 99.0 117.2 j 97.2 98.0 i ! 99.1 100.0 i | 78.3 77.8 77.9 78.0 77.8 76.0 75 1 74.1 72.8 70.3 76,4 77.3 78.1 77.9 77.1 75.0 73.8 74.2 68.4 73.2 * 74.9 73.8 i 72.1 i 67.6 64.4 64.3 61.8 59.4 93.9 91. 6 88. 8 85. 9 82.4 78,4 76.4 77.0 80.4 81.3 73.3 68.3 65.2 68.5 54. 4 ! 52.4 50. 4 | 50.6 53.6 i 56.2 90.6 89.3 99.2 89.5 101.9 |l 97.8 82.0 71.3 ii 96.7 85.2 75.2 !: 97.1 80. 3 76. 1 1 97. 6 76.1 66.7 i 97.2 65.1 53.7 i 96.7 67. 3 56. 4 | 95. 9 80.0 64,9 ! 94.7 88,8 91.1 j ; fit 7 99.8 93. 6 83.6 98.6 81.9 58.3 98. 9 92.5 80.3 I i : 74.7 ; 71.4 ! 102 0 i 89.3 75.8 109. 1 90. 1 68. 0 : Em- , „ !• ; Era- , p Per cent rrrtv Number i of total i r7errCv?, " members P hour Monthly average. 1829s3 100 103.3 j i ! ! 1 ! : Employ- Employ- Y^m * meut moot, ™f~ agencies.. trade- ..If™ •„ appliunion ^^ can is per nieinK,.nd. 100 jobs bers \^ SEK & 1 sss ! '•& ±K \ '^ i ss« ^ 101 3 i Adjusted for seasonal variation. Bituminous coal mining 90. 2 94.6 ! 74.7 i i; 105.7 '• 104.8 103.4 103.2 106.0 101.9 105.1 101.7 105,6 103.7 106.3 94.5 93.0 91.6 100.9 97.9 101. 3 95. 5 i 95. 1 98. 4 i 86. 8 1 15. 1 i 97. 7 90.5 89.2 88.6 88.1 87.4 86.9 86.6 85.9 85.0 84.1 96.3 94.8 97.9 95.0 94.1 95.0 93.3 62.3 92, 1 91.6 99.7 99.0 87. 2 99. 5 103.5 94.2 98.6 99.7 102.4 97.6 98. 7 98.3 97.4 96. 2 94.3 93.2 99. 3 99. 1 102.9 101.2 98.6 97.8 102.6 90.0 ' 87. 1 87.8 ! 90. 1 ! 89.9 i 89. 1 i 83.9 i 81. 8 i 86.6 ! 89.8 , 89.4 86. 7 87.5 88. 3 88.0 87. 6 83.3 80. 3 83.5 84.6 96. 7 9e. 7 87 V 97. 1 9'>. 0 h,> 9 ' i i i ; 127 89, 0 40 193 i 227 218 ; 79.0 78.0 77.0 39 38 37 224 202 179 177 181 205 209 217 196 73.0 73.0 74.0 75.0 75.9 75. 0 i 74.0 74.0 74.0 1-i. 0 36 36 37 35 37 37 36 36 34 35 88.4 79.0 74 I 39 40 38 ! i ; ! : 133 li 183 9 SURVEY OF CURRENT BUSINESS December, 1931 Domestic Trade index in October was 2.4 per cent below September and 11 per cent below a year ago. For the 10 months to date, such loadings were off 10 per cent from the corresponding months of 1930. Commercial failures are usually more numerous in October than in the months immediately preceding, but the total last month increased to an exceptionally high point as a result of adverse financial and business developments. After decreasing steadily since April, the number of failures increased 22 per cent over September, 1931, and 11 per cent over October, 1930. Liabilities involved were 76 per cent greater than in the preceding month and were the largest since January. For the first 10 months of this year average monthly failures increased 7 per cent as compared with a year ago, and average monthly liabilities were one-eighth greater. Magazine and newspaper advertising continued the seasonal upward trend in October. Magazine lineage increased 19 per cent and newspaper lineage 14 per cent over the preceding month, but the cumulative total for the 10 months was 22 per cent and 11 per cent, respectively, below a year ago. Postal receipts have been moving upward since August, and in October were 11 per cent below a year ago. Average monthly receipts for the elapsed 10 months of the current year have been 9.2 per cent below the same period of 1930 and 13 per cent below the 1929 level. OETAIL trade expanded in October, although the Av unusually warm weather in recent weeks has adversely affected sales of seasonal merchandise. Department store sales increased by somewhat more than the usual seasonal amount, and the adjusted index advanced 2.4 per cent, the first gain since April, The dollar volume of October sales was 16 per cent below a year ago, compared with a cumulative decline for the 10 months of 11 per cent. By districts, the best relative showing was made in Boston, New York, Richmond, and Minneapolis for both the latest month and for the year to date. Stocks of merchandise in department stores increased as is usual at this season of the }rear, but after adjustment the index has varied but slightly in recent months and in October was 13 per cent below a year ago. Sales of the two largest mail order houses in October also moved up seasonally, but the decrease as compared with a year ago was 24 per cent as against 16 per cent in September. The expansion in sales of 5-and-10 cent stores in October amounted to 18 per cent, which was somewhat less than the usual gain, and the adjusted index was off 2.6 per cent. Actual sales in the first 10 months of the current year were equal to those in the same period of 1930. Merchandise 1. c. 1. car loadings declined after the gain of September, but the adjusted index has shown a downward trend for four months. The adjusted DOMESTIC TRADE STATISTICS | Department Department l^1*™ SJr. , F ^ ?o1e storesales | Btore ttoek* ^a&l.cl ' fa!ef nia,,_ \ Postal |; r te -Irdor 'li i ,, <> li «**!? •>« se- i . 1 s< Yoar and month j U n a d - Ad- Unadjust- Just- |i Justed 1 ed * li cd 3 AdjUf.1: «M! 2 88026—31 2 A*l- 112 112 101 | 109 102 i 98 i 94 j 101 104 85 92 I 92 91 j 97 94 86 79 80 92 101 97 90 65 ?7 87 9i 97 98 97 106 97 05 91 88 84 88 ; 78 81 87 85 85 SO 75 76 84 88 88 86 84 S3 83 82 81 79 81 80 I II ! ! j| 83 87 89 91 92 89 87 86 88 87 i ii !' I 106 98 i 88 ! | ! ; •! j :| ! ! i i ! ! i : ; | ': 101 95 85 l ' 'l *i c'! * 122 99 i 94 ' ! j 1 s 104 93 92 ! 92 ; ; 90 89 89 88 89 89 88 8r; 85 83 ; Thousands of dollars Thou- Mil- ; Thou; Nurn- Thousands sands lions '.)f sands ! ber of dolls. oi -hies !in«\s | of dolls. 1 i ad- /.d- l ! i hSu'el | jL"»t- just' ernes ' J'ist- e<! 112 113 185 Corrected, to average daily sales. jll .1- \d» i ; i ! ; Adveriisi u & lineage Money order value, j » ,j Liabil- Maga- News- : paid , *a.i|| urp* ities zine ?5aper c ! c £ tfe? pver^. l ' i 1 , i»2o = !• 0 Mr all. 1929- October 1930: 1 October Novpinb^r December - '• 1931: Jaiiuarv February . . March ! \pril - May. June July August J September - • October Monthly average, January througn i October: ! 1929 1930 1931 i '"inadi Commercial raHureg -- : 3, 050 17G i:,9 ' 79,256 | 35,743 , ; 1, 822 31,314 168 159 298 151 , L58 | 153 68,878 ! 55,713 ! 72,486 32,279 \\ 2.124 28,379 2,031 38.572 | 2,525 56, ?97 55.261 83, 683 124 127 144 160 155 147 139 142 141 167 1G1 103 159 168 167 101 H7 1-9 155 151 41.459! 39,422 ! 43.008 i 52?078 1 50.070 | 49.480 j 45,093 ' 43.004 i 45,955 1 53,280 ! 29, 1 7 2 i | 26,405 \\ 30,178 !| 29,257 i 27,844 i 26,442 li 24.578 |i ?3 38!) 26,335 28,618 57 127 i 53,450 i 48,185 !. 31 467 i 1 908 1 26,374 | 2,676 \ 29,978 1 2,180 52, 934 | 2,453 1, 921 ?<1, 222 I 3,334 59,541 148 145 145 '• ' I \ i i ,| : : , : Adjusted for seasonal variation. 3,316 94, 608 2,563 59, 608 2,604 60, 387 2,386 50, 868 2,248 i 53,371 1.993 51. 656 1,983 60, 998 1.914 53. 025 1.936 40, 256 ' 2,362 70, 660 -90, 647 79, 934 91, 923 98 • 89 i 82 j 2, 488 2, 265 1, 585 1,992 2. 203 2, 421 2,375 2, 191 1 1,613 i 1. 31 6 i 1, 603 ! 1, 911 : : * End of month figures. 107, 899 119 76 78, 273 72 70, 935 90 81,747 89 90, 646 88 : 81,956 8C i 79 31! 67 i 76,365 K7 i 71,622 77 1 7 i, 679 88 I 102 i 89 79 ! 89, 227 84, 305 10 SURVEY OF CURRENT BUSINESS 1931 Foreign Trade T TN1TED STATES exports during October increased ^ approximately 14 per cent in value as compared with the exports in September, while imports fell off about 1 per cent. The gain in the former was only slightly less than the normal seasonal increase of 16 per cent, but the drop in imports was contrary to a normal upswing of 7 per cent. The export merchandise balance in October was $36,000,000. Exports of gold in October—$398,600,000—represented in part amounts earmarked for foreign account during September. Gold imports of $60,900,000 were 26 per cent greater than the imports in September. Exports of gold were shipped largely to France, Netherlands, Switzerland, and Belgium, whereas imports originated in Japan, Argentina, Canada, Sweden, and China, in the order mentioned. A decline in our exports of industrial machinery during October and the relatively small seasonal expansion in shipments of leaf tobacco were important factors in the less-than-seasonal increase in the value of merchandise exports. Although quantity exports of cotton were considerably lower than the average for the corresponding month of the period 1925 to 1929, inclusive, they were larger than in October, 1930, and showed about the normal increase over shipments in September. Leaf-tobacco exports amounted to only 49,200,000 pounds in comparison with 78,300,000 pounds in the corresponding period of 1930. Shipments of wheat, which had been comparatively small for the first three quarters of 1931, increased considerably during October. Exports to China (including Hong Kong and Kwantung) were heavy, amounting to 4,300,000 bushels, or 36 per cent of the total shipments. Exports of apples and both canned and evaporated fruits showed the usual fall expansion. Although the decline in the value of exports during October, 1931, in comparison with the corresponding period of 1930, was smaller than the decrease recorded during the two months immediately preceding, it amounted to approximately 37 per cent. Quantity shipments of tobacco, copper, rubber manufactures, cotton cloth, lumber, iron and steel, gasoline, various classes of machinery and automobiles, were considerably smaller and sharp recessions in the price of unmanufactured cotton as well as of practically all other commodities contributed very substantially to the drop in value. 'hi import trade for the period January-October, 1931, as compared with the corresponding period of 1930, our quantity purchases of coffee, cocoa, and raw silk in creased, while crude rubber, cane sugar, newsprint and unmanufactured wool, fell off only slightly. EXPORTS AND IMPORTS Exports of United States merchandise : i Crude Ex- i l materials ports, i i Year and mouth Foodstuffs rai imports Finished manufactures Semiing manreex- ! ' i, ' i IFruits iifacports i ! i Haw !: Wheat!Meats! and : I Total: cot- -Total; and : and ! prep- tores " Total ! too i Hour fats ara- • Machinery A u toTotal rn o- ' biles, i - tcrials i i parts, , GasoHue i and accessories tures tores Mi]]ions of dollars 528.5 ; 174.3 1929: October 1930: October 326.9 |i 104.8 289. O i 90.9 November 274.9 I 76.7 December 1931: 249.6 58.6 January February 224.3 1. 47.7 March . 235.9 | 56.5 April 215.1 i : 40.0 May. 204.0 30.5 June 187.1 29.1 July 180.7 !l 28.3 August 134.8 j 25.5 180.2 ! 44.4 September . October 205.0| 63.6 Cumulative, January through i October: 1929... 4,372.2 1 871.6 3,279.3 i 661.4 1930 1931 2,046.7 ! 430.3 i 1 j 128.9 71.8 19.5 16. 1 18.C ;! K4. C 64.8 47.2 45. 6 40.5 11.3 7.8 6.3 9.8 11.0 9.8 35. 5 29. 5 33.0 22.9 L 28.2 18.9 ! 29.4 13.5 | 28.7 13.5 ' : 32.3 9.9 ' 28.1 23.5 , 28.4 39. 3 39.8 j 4.9 3.2 3.9 5.7 7.4 8.8 11.6 7.0 6.7 8.8 12.2 10.6 10.1 8.5 7.8 7. 1 6.8 6.4 6.3 7.1 573.4 ! 628.9 390.2 1 455.1 234.7 j 312.3 157.3 143.4 68.1 169. 2 132.7 82.9 59.3 47.2 , 31.2 25.4 | 36.0 i ; i I! 211.7 52.9 32. 7 ; 26. H 391. 1 | 120. 5 ^2 3 82.3 | ICO. 0 17,1 : 38.0 i 17.5 i 33. 1 j 15.1 ' ; 33.9 ! 132.7 j 115.8 1 119.7 ; 30.8 33.2 30.1 14.5 ! 14.1 15.3 21.8 12.4 ; 13.7 I 247. 4 203.6 208. 6 77. 5 59.2 69. 1 56.0 48.4 52. 3 45.6 i 38.3 i 38. 1 i 68.3 57.8 49. 2 10.7 ! 34.5 ! 8.9 i 27. 5 i 10.7 i 31.4 ! 117.1 116.1 j 110.3 i 37.7 44.0 29.4 103.5 ;; 97.7 88.3 ; 84. 1 83.2 ' 77.3 26.6 28.3 22.7 20. 4 24.7 20.2 14.4 16.1 18. 5 18. 0 14.2 12.8 : 11.5 10.7 8.7 13.8 10.6 8. 4 10. 7 12.5 7.2 9.0 8.8 7.2 183. 1 174.9 210.2 185.7 179.7 173.5 174.5 166.7 170. 4 168. 7 59. 4 56.4 64.0 54.7 54.7 52.4 50. 0 47.7 52.9 52.4 42.1 46.1 56. 6 51.9 49. 6 47.2 i 47. 1 45.4 35. 1 ! 36.8 J 35.9 31.5 39.8 33.4 30.4 29.8 30. 0 28. 3 30. 3 29.0 44.8 41.2 49.2 45.7 45. 6 44.2 47. 5 45. 3 52. 0 50.5 6.4 ! 30.fi i 6.5 5.7 7.6 8. 0 9.2 16.? j ! '1 1 i 1 29.9 24.5 28.0 23. 9 21.4 ?-!.? 1 i i ! j lll.l ' 31.1 8.5 i ! ! i | i !j 1.1 \ | i i i i Reexports of foreign merchandise during October, 1931, were $3,515,000. ! 109.3 ' 022.7 12,177.8 i 512.2 77.1 | 445.9 1 1,663.4 I 448.7 00.0 ; 276.? !. 987.9 ! 284.9 488. 1 ! 223. 8 3,751.1 ! 1,321. 5 248.1 224.5 ! 2, 648. 7 873. 8 133. 2 ' 95. 1 1, 787. 4 544.6 827. 3 593. 0 457, 6 761. 1 531.8 319. 2 841.2 650.1 466. 0 11 SURVEY OF CURRENT BUSINESS December, 1931 Transportation days in the two months. During the first 10 months of the year 18 per cent less loadings of coal and coke were reported than for the corresponding period in 1930. Car loadings of ore during the 10-month period were only about one-half those during the same period last year. The number of idle freight cars was the lowest since November of last year. A drop in number of idle cars was recorded from September to October, although an increase is usual at this season of trie year. While the October surplus was the smallest of the year so far, it was still 132,000 cars, or 33 per cent, above the number of idle cars on hand dining October, 1930. The October surplus was 24 per cent under the peak recorded in December, 1930. Monthly payments of dividends by railroads during the first 10 months of the year averaged. $88,810,000, compared with $4,3/280,000 during the same period in 1030 ami $38,980,000 in 1929. The seasonal decrease in traffic tonnage through the Sault Ste. AT a lie Canal which stalled in September was continued through October, Traffic through the Cape Cod Canal increased by 12 per cent as compared with the September tonnage. /COMMODITY distribution during October, as ^-^ reflected by the average daily total freight-car loadings, was of about the same proportions as during September and the seasonally adjusted index of the Federal Reserve Board was unchanged from the September figure. Average daily loadings during October were 20 per cent under October, 1930, and 34 per cent under 1929. The average monthly car loadings during the first 10 months of the year were 19 per cent under the corresponding period in 1930 and 29 per cent under 1929. The daily average movement of merchandise in lessthan-caiioad lots during October decreased by about 1 per cent, and the seasonally adjusted index of the Federal Reserve Board was 2 points below the September figure. October loadings of merchandise were about 10 per cent under October, 1930, and 20 per cent under 1929. During the first 10 months of the current year the average monthly merchandise movement by the railroads was 10 per cent under the same period In 1930, and 17 per cent under 1929. Coal and coke was the only commodity group to register a material increase in car loadings as compared with September, after corrections are made for the number of business RAIL AND WATER TRAFFIC Canal sod river traffic Freight-car loadings «T « F. K. B. index ! Canu!s I River I ~« | Missis- ! sfppi [ ^»;g I owned i §•= "3 Year and month K ~ Ad- Unadjusted j listed 0) 0) ,q ^ *"• T3 © — «""" ! | « 0 • *£, ! W i '« © i C <S •*•> S j iS +4 £ i§ Monthly i average, 1923-1925=100 ', .1929: October 3930: October November December. ..- 104 86 84 84 1931: January February March April May June July August September October Monthly average, January through October: ] ^29 1930 _ L 1931 : 82 80 80 80 79 77 72 69 69 I & T ioasn T i<i-. 'sf tMI 1.18 , «s ! i» « ! £ vy I 224 183 1,066 31 1 286 1,206 1,133 820 201 190 143 161 140 94 917 852 638 197 i 174 i 121 189 92 22 74 3,491 74 i 2,836 75 2,940 77 2, 986 79 3,736 77 2,991 78 2,631 76 3,747 78 2,908 78 3.813 997 842 886 899 1.097 876 830 1, 069 841 1,081 196 165 : 153 151 180 140 220 228 149 193 124 88 79 85 106 75 71 106 96 145 817 584 555 486 611 465 452 617 516 755 156 138 138 130 165 125 106 138 104 123 208 198 177 119 ; 108 98 i 814 711 586 285 i 211 i 132 I : ' | ; • «, rfarfr | State : i •1 v €od j j T t i o u s . o f : Thous. of long ton* ; net tons Thousands of short tons 1,357 ; 1 s 5,752 'i 97 4, 751 86 ;• 4,127 74 :| 2,784 i i ' i; ! i Sault I New *1 : 26 22 23 29 80 119 139 175 121 102 2,321 12i 45,500 1,871 i 403 1,540 ; 580 94G ; 707 1, 175 997 1, 105 1,206 1,496 1, 192 1,113 1,413 1. 081 1,415 ! ! i ' ! ; 647 051 622 603 016 599 564 : 574 | 504 335 11,213 3,041 i>,t;o4 i 103 ! 5. 130 ! S3 i 108 \ 312 i 55, 000 44,900 45,500 38,100 ' 32,500 : 34,000 ' 41.500 i 33, 500 | 20,500 ! 36,000 ! 0 ' oi o! 0i 0 j o! 922 ! 349 i 457 ' 385 : 506 ! 425 587 i 505 I 38,980 ! 8,519 j 43,280 0,746 i 38,810 j 4,1?7 ! ! 254 | H22 ; J,335 6,6-15 7,611 8. 885 7, 126 ®,218 ' ! ! ! I i 234 ; 166 :! 163 203 217 203 i 211 i 186 198 221 1,133 i 1,009 953 76 i 70 ! 83 ! 82 ! 100 ; 86 : 104 i 104 j 107 105 953 ' 8G4 ' 910 :; 929 937 i 828 : 820 i B59 i 884 : 2,651 2.501 1,991 1,843 1, 695 1,773 2,092 2,525 2, 241 2, 742 2,734 2, 478 ?, 420 : ._ ! 108 i : 4. 507 i 1. 129 94 3.991 i 1.049 77 942 3.238 > Daily average basis. 2 215 158 84 1, 796 203 1.555 i 4H2 1,219 j 598 ' mi \ 178 i 205 j 25)0 ! i 112 96 93 Data for January, May, August, November, and October arc for 5 vreek^; other months, 4 weeks. 1,236 !; 1,124 892 ' 2,685 2,746 2,254 12 SURVEY OF CURRENT BUSINESS December, 1931 Construction /CONSTRUCTION activity during October was ^-^ marked by a slight increase in residential building, although this revival was confined to only a few sections of the country. The construction of public works and utilities declined from that of the previous month, as did other classes of nonresidential building, and the total value of all types of construction showed a decrease from that in September, although the measurable volume was slightly larger. The seasonal decline in the production, shipments, and new orders of important building materials continued, and the index of construction costs dropped to a new low. Building-material prices for both frame and brick houses showed an increase over those of the previous month. The total volume of all types of construction contracts awarded increased 2 per cent from September, 1931, but was 22 per cent less than in October, 1980. The total value declined 4 per cent from September and 28 per cent from that of October, 1930. For the 10 months of 1931, volume and value decreased 27 and 30 per cent, respectively, compared with a year ago. Residential building increased 17 per cent in terms of the total number of square feet and 11 per cent in value from September, but a comparison with October a year ago shows a decline of 32 per cent in volume and 42 per cent in value. During the first 10 months of this year the value decreased 23 per cent from that of the same period in 1930. The value of contracts awarded for public works and utilities fell 3.1 per cent below that of September and was 27 per cent less than in October, 1930. The shipments of maple flooring declined 14 per cent from those in September, but were only 6.3 per cent less than in the same month last year. Oak flooring shipments declined 6.6 per cent, and cement production fell off 11 per cent from the preceding month. New orders for fabricated structural steel were 44 per cent less than in September. The index of construction costs (composed of the prices of structural steel shapes, cement, lumber, and the rates paid common labor) declined 0.9 per cent, but building material prices for frame and brick houses rose 1.3 and 0.6 per cent, respectively. BUILDING MATERIALS, CONSTRUCTION, AND REAL - - - —- — moving HI types of "uerar.e construction cf values unadjusted) 1929" October '•• 1930: October November « „ . • December . _ _ _ „ 1931: !; January February * March _ ! i j 1 Residential i building May _! Juue • i Jily ~- — . -August . _. Seotembor October Monthly average, January through October: i 1929 i 1930 _ . ._!! 1031 Mili MiS|; lions 01 b square «^°< dollars SErV ^re dollars ( feet ; Sf |^\re 05. 6 446 23 S 137. 7 ' 1, 229 75 OH I 59 • 39. 5 33. I 29. 1 337 254 249 22.3 18' 8 14,7 104. 7 80.8 70.9 339 468 697 24.6 28. 3 38.0 3q 4 ! 38.9 35. 0 33. 8 i 228 12.2 10. 6 22. 1 22, 0 2l! 9 16. 9 15.9 14.1 13 0 15. 2 54. 4 77. 6 100. 9 95, 9 8&9 72. 7 63.9 60.2 54. n 60. 5 393 248 522 785 387 2, 367 1,233 737 353 171 34, 9 19.6 17. 1 108. S 95. 0 73.0 370 337 306 332 2V-6 30.6 i 30 1 30,7 233 251 M2 o'J.O ! 44.8 504 402 32.9 ! 282 : m en is tion ; Thou:satidsof feet, ; board i dollars 1 measure Long-term real-estate bonds \«rtZ»] • r 87. 9 n ' ^7 32, '*S7 16,731 320 113. 0 76.4 78.0 2. 886 2J5M 1,811 20,549 14,410 is! 844 i 11J098 17, 152 i 8, 480 :09 151 153 18, 365 21,713 26,243 28, 155 27^745 23, 131 25,691 21,464 19,486 IS, 203 162 158 184 293 153 177 159 124 197 110 ' i i 95. 2 2, 351 2, 676 78. 6 3,017 151. 7 133. 0 i 3, 226 3' 315 10&9 154. 5 ; 3, 778 3. 447 116.3 73.0 3, 397 ! 85. 1 i 3. 144 : 82.5 2, 703 990 j 131.3 1 1, 314 ! 149. 6 719 1 107. S 6,235 3, 883 3,105 ' \ j Month-j; - ^^^f^sands of IFirst of month, raontfa- l?r f^p" • Thousands of B : hort ! uu""«io ^ i! 1 7 average 1013= 100 1928» ' : dollars ; <* irui> , tons j 100 i : i j i I i I ; i ! * 123 i j 97 !; 88 ! Building material prices ~ €on- Eeai; Fatri- , struc- estate marfi i cated 1j tion Ma pie Oak ..,'"*. struc-, cost, ket ac, flo r- floor- ! Wt To fiin« : ' Iit twral ; Bug. tivity* '§> nance deeds : stetl Frame' Brick ^ews- record- Total new Public works Bec con.;house house « and utilities ed struc. ; pro- w tion 104 58 1 68 77 i j 73 ! 74 I 68 i 63 ! 59 ; i; 52 , ; ! I Monthly average 1923i 1925- 100 I> i;!Sd?ng materials ;; i - F. E. B. Index (3 Year and month ! j Building contracts awarded '. ESTATE 39,818 2'i', 683 28,010 ; : 6, 595 5,920 8,245 11, 245 H010 14, 118 13, S99 13,549 12,092 10,762 i ! i ! i | ! i : } ' ! ! i 1 ! i ! | ; | 14,493 \ 14,133 '• 11,041 309 :'• 239 172 ! 178 1S3 2 jr. C ^5. 8 ' 19. 2~5 171 165 168 17 fi ' 198.7 172 198. 5 174 i 196,9 74. 0 ! i 6, 635 64,6 !i 9,905 *38.9 1 29,877 I , 210 1, 595 163 165 163 157 160 158 155 156 154 155 170 171 170 167 167 168 164 163 161 182 194. 5 i 196.6 1 194. 5 ! 191. 6 ! 189.' 3 i! 187.4 171 4 i 171. 4 i 171.4 i 169.8 66.0 66.7 61.7 62. 0 6L3 58. 4 61.1 59.8 !; |i |i! 1 i; 2, 8oO 1, 500 1, 000 1, 700 177 174 159 182 : ; 20n. 7 178 203.9 166 184.1 85. 1 71.3 ; 4 7 520 3,590 2,015 7, 235 9^485 3. 425 !: 775 i1 2,100 66,785 1 9,125 31,790 13,123 10,906 V ±.3, o75 £30 0 1, 000 60C 565 395 500 12, 738 5. 403 1,011 13 SURVEY OF CURRENT BUSINESS December, 1931 Agriculture and partially absorbed the loss resulting from the less than seasonal gain of the last two months. Fruits, which did not record the usual seasonal grain in September, reached a high for the year. This is only partially a seasonal increase, and extended the gain in the monthly average over a year ago. The November 1 estimate of wheat production in the United States, made by the Department of Agriculture, showed no change from October, and remained at 884,000,000 bushels. The 1931 potato crop is expected to exceed last }rear's somewhat scant yield by 39,000,000 bushels and is estimated at 1,000,000 bushels in excess of the 1925-1929 average. No improvement is anticipated in the light crops of hay and feed grains. Of the citrus fruit crops, it is estimated that oranges will be less plentiful than a year ago except in the case of the Texas output and Florida Satsumas. California and Florida grapefruit will probably be more abundant and the lemon crop will approximate the high output of last year. Due to dry weather the movement of Florida fruit has been late and to date is considerably below 1930. The index of stocks of meat in cold storage decreased 21 per cent during October, and reached the lowest point of the year. This was the usual seasonal decline, but the monthly index was 5 per cent bel°w October of last year. of animal products during October M ARKETING increased by slightly more than the usual seasonal amount. The combined intlex recorded a rise of 4.6 per cent, but part of this advance is discounted by the low revised figure for September. The index for October was 1 per cent below the same month last year, and the monthly average for the first 10 months of the current year was less than 1 per cent under the same period in 1930. Wool receipts fell off sharply, due largely to a reaction from the high level of the last five months. The monthly average to date still exceeds 1930, by a margin of 3.5 per cent. Livestock marketing reached the high point of the year and brought the monthly average to a level less than 2 per cent below a year ago. Poultry, eggs, dairy products, and fish receipts all declined. The index for fish marketing was 12 per cent below the revised figure for September and was the second marked monthly recession. Average receipts for January through October were 4 per cent higher than last year for poultry and eggs, 2 per cent higher for dairy products, and 22 per cent lower for fish. Crop marketings in October continued to increase seasonally, but the combined index for the month was 24 per cent below October of last year. Cotton receipts^were more than double the September amount INDEXES OF AGRICULTURAL MARKETING AND STOCKS Indexes of marketing Animal products Year and month Combined index Wool Livestock Indexes of stocks, cod of month Crops Poultry j Hairy an d eggs prod»z cts Combined Fish index Grains v tables ' Frl3its Cotton Wheat, visible Meats, Cotton, supply, coldUnited United storage States i States Monthly average, 1923-1925=100 11*29- October 1930: October November December.. .... „ 1931: January February.. _ March A pril May. . June July August September. .. October Monthly average, January through October: 1929 1930 1831 102 G ! 52 2 11? 8 8;; 4 oo 7 i 187 2 79. 1 34, 5 57. 1 108 0 88.0 93 9 79 2 121 6 137 8 82 2 77 8 92 7 172 0 14G 2 > 98 9 212 1 148 8 105 8 96 2 79.8 79.6 82 6 80 2 77.9 72.6 82 5 88.3 104 2 95 0 94 0 121 8 137 0 125 6 115 6 88.6 88 0 88 4 8£ 4 98 4 91 3 102 9 113 1 130 9 3 56. 6 123.6 103 4 116 2 169 4 174 3 138 5 144 5 161 2 i i 25 3 50.8 61. 9 78 2 197. 1 405.4 573.2 259 6 125. 1 49. 5 90 5 8f? ,5 ! 160 1 MO S 74 66 64 53 62 56 103 S3 119 161 100 2 '• ( ( J» 4 : 158.7 142 0 170. 4 18?. 6 87 3 85 8 84.4 100 1 100 5 104. 0 110 8 ; ICO 3 [ 108.8 > 18-' 6 192 8 149 8 105 8 95 5 84 4 96 7 88. 5 ' 97. 8 ; 94 7 85.5 94. 0 101 2 106 7 118.0 105.2 94.3 91. 5 §5. 7 ; ! i i 938 0 ' 3 8 4 1 0 2 0 9 3 9 10° V 171 2 9 345 3 70 4 176 9- 82 6 72 3 7^ 8 168 4 89 6 79 4 249 0 109 0 6*7 1 327 5 240 6 144 9 349 S 344 8 333 3 55 7 62 3 76 9 234 8 264 9' 266 8 98 91 104 93 135 165 103 64 103 131 70 2 68 1 75 1 70 6 102 2 88 8 139 3 154 6 129 2 191 1 64 45 38 29 28 9 2? 29 152 23? 335 343 352 339 336 324 370 413 407 S*13 81 84 80 63 69 68 182 130 79 80 0 6 0 9 0 6 9 0 8 5 107 4 97 5 92 0 0 1 3 3 6 8 4 1 ? 9 < ! 1 ' 12^ 4 i 117 0 i 109 1 ' 45 2 114 7 101 7 108 9 0 1 6 8 3 1 6 2 1 4 <;S 1 87 1 6? 2 ; 8 7 7 8 4 7 4 5 7 4 100 1 114 0 111 8 114 8 110 8 105 8 98 7 83 3 66 6 52 7 254 235 216 1°6 179 162 2 84 9 5 3 <>42 0 276 ('• 361 S 116 7 92 8 85 9 111 4 154 5 200 1 146 a 140 1 188 1 281 C' 14 SURVEY OF CURRENT BUSINESS December, Iron and Steel Industry factors, whicli usually cause au upturn SEASONAL in activity in the iron and steel industry in October, small, its main significance lies in the fact that it was the first decrease reported for the month since were lacking' last month, and operations continued to 1923. Bookings of the corporation at the end of the recede, although at a slackened pace. Measured by month were 10 per cent below a year ago and 24 per the adjusted index of the Federal Reserve Board, pro- cent below the same month of 1929. The index of duction in the industry declined. 6.5 per cent, the new orders for the industry declined sharply during smallest relative decline since May. Actual output of October to the lowest level reached so far. Specificapip; iron and steel ingots increased slightly for the tions from some of the leading outlets, particularly first time since March, but *n each, case the daily aver- the railroad, building, and automotive industries, have age output was smaller than in the preceding month. been in small volume. The index of structural-steel Operations in the steel industry were at the rate of 28 orders declined to a new low, following the substantial per cent of capacity, the same as in September, but in gain in September. The decline in the index of new the first three weeks of November the rate advanced to orders for the 10 months compared with a year ago was 34 per cent, while structural steel orders dropped 30 per cent. Maintenance of the extremely low rate of opera- 28 per cent. tions was reflected in a contra-seasonal recession in Iron and steel exports again declined in October arid both employment and pay rolls, although the latter were 16 per cent below the preceding month and 55 index was also affected by the wage reductions effective per cent below October, 1930. Imports were off, but October 1. Employment, after making allowance for the recession in imports this year has not been as the seasonal trend, declined 1.8 per cent, as compared severe as in the export trade. Prices have been easier with September, while the unadjusted index of pay and the composite iron and steel price has recently rolls was off 2.9 per cent. eased off to $30.63, against a September average of Unfilled orders of the United States Steel Corpora- $31.03. Scrap prices have increased only slightly tion declined during the month and while the drop was from the low reached at the end of October. IRON AND STEEL STATISTICS i ' General operations ! " Year and in on tli 1 i" " "' ; 124 144.8 99.1 74 65 59 126.0 106.5 110.2 81.3 80.2 79,1 64 73 78 75 72 64 59 51 43 43 103. 4 116.5 1 19. 4 108. 1 106.8 86.6 83.1 78.0 78. 3 76. 3 77.5 75.9 76. 6 76. 5 74.8 72.6 72,1 70.3 67.4 66.2 137 100 63 154.9 127. 0 95.7 Adjusted for seasonal variation. ; Fabricated jStcel ingots j structural :| : steel Pig- : ~" " Prices United ^lf*el MangaCorpo- pcse ore :" ' T"~" ! iron ! Eate of Steei p opera- EmPay biliets, Iron and Struc- ComF. R. B. tions, ployP New steel tural posite index electric ment rolls I ^£x» j j[fui«i flon - i - ro— cent or- Ship» « ; content) Bessemer • compos- steel finished j ™£ y£j ders ments unad- portsj ports energy (adad- 1 justed month steel (Pittsitc beams justed) i con- justed \ > y burgh) i sumption | H i . ' !__. . !_ _= . ' Monthly average, 1923-1925=100 ; 1929: October 1930: October November December..-. 1931: January. February-,.-. March. . ,_. April... May June July August September October....... M o n t hi y averago, J a n u a r y through October: 1929 1930 1931 :! s?eel 99.5 88.6 73.0 '.!,} <i ' 110 1 101 i 01 ' ; 7" ' | 84 i 73 70 : 5P 107.9 i 87.7 i 58.4 i % Thousands of long tons 107.9, 2 IS , ' J 75. 6 l.°,2 1 T8.C ,' 112 iu2 66. 7 62.4 07.5 70.0 6? 1 f»4.'j :r.6 52.4 50. T 45 2 13.9 ££ «j 258 , 177 ; 85 ! ^^j. Thousands > Thousands of long of short tons tons Dolls, per Jong ton Dolls, per 100 pounds .".0 3, ."88 4,531 86 320 324 4,087 25 35. 00 36.27 1.90 2.51 30 35 24 2, IfiS - 2, 693 1,867 2,212 l,6'.n 1,980 50 44 38 209 151 153 239 3,482 3,640 3,944 18 10 29 i 31.00 31. 00 30. 60 32.31 31.95 31. 76 1.60 1.60 1.60 2.22 2^20 2.19 34 2'.' 33 41 30 31 2S 22 25 23 1,714 1,707 ' 2,032 2,020 1,994 1,639 1,403 3,281 1. 169 1,173 43 , 49 54 49 45 38 ' 34 31 28 28 162 158 184 293 153 177 159 124 197 110 172 ! 4, 132 3. 965 3, 995 3, 898 3, 620 3, 479 3, 405 3, 169 3, 145 3,!19 17 ! 10 2 33 21 37 38 22 27 21 30.00 ! 30.00 I 30. 00 30. 00 29.50 29. 00 29. 00 29.00 29.00 29. 00 31.70 31.65 31.66 31. 61 31.39 31.02 31.05 31. 05 31.03 30.81 1.63 1.65 2.22 2.22 2.23 2.22 2,21 2, 19 2, 20 2. 19 2. 20 2, 18 48 36 W 2,4:9 2,502 2 904 2.722 2,50f 2,076 1.886 1,719 1.548 1,592 3,f.27 4,789 2,787 3,509 1,619 , 2,209 94 1 68 i 40 309 239 172 195 i 168 166 151 158 148 162 182 169 150 148 i! 280 i 262 1 160 I 1 1I i ! 4,139 j 4,041 i 3,593 1 ! 1.65 1.65 1.65 1. 65 1. 65 1. 60 1. 60 1. 60 i 28 24 ' 23 34. 63 32.05 29.45 36. 58 33. 90 31.30 1. 93 1. 73 1.63 2. 55 2, 34 2.21 15 SURVEY OF CURRENT BUSINESS December, 1931 Chemical Industries HEMICAL industry developments in October were characterized by a slightly increased activity in certain seasonal products. Employment in the indu^tiy declined slightly during the month, according to the Federal "Reserve Board indexes. The present level ol omployiiient is about 1.1 per cent under a y-vu* ago aij-1 niiiobt 30 per o^il below the }\i'A\ iv»oid employment in October, 192P, the decline fioin tlnu point iujving been fairly leirulur from month to mouth. Pay rolls in October maintained the slight gain recoi ded for September, but did not show the small seasonal rise which is normal in the fall. Stocks of manufactured chemicals and oils rose sharply, but seasonally, in October as compared with the revised September estimate. While stocks in October of this year are higher than at this time in several years past, the average for the first ten months of this year was below that of last year. Stocks of chemical and oil raw materials rose 21 per cent in October as compared with the unusually low stocks of September, present stocks being still about 10 per cent below the quantities on hand at this time in several years past. Wood rosin production increased slightly in October as is usual at this season. The present level of production is? however, 25 per cent below that of a year ago and 36 per cent below two years ago. Wood turpentine production also increased slightly, though seasonally, in October, with the present output below that of this reason one and two years ago by 33 per cent and 40 per cent, respectively. Alcohol production increased more than seasonally in Ociober, though still 13 per cent under a year ago. Tie production of by-product coke increased a little in October as is customary at this time of year. The present level of production is below that of October a year ago by 30 per cent and under that of two years ago by 48 per cent. Fertilizer consumption in the Southern States, which shows large seasonal fluctuations, increased slightly m October, although there is usually a seasonal decline at this time. Present consumption is, however, about 10 per cent under that of the last two years at this season. Imports of potash salts and nitrate of soda declined in October, although imports of potash salts usually increase greatly and of nitrate soda slightly at this season. Imports of potash salts in October were about a third less than those of a year ago, and were almost 60 per cent less than imports two years ago at this season. Nitrate of soda imports for the month were 20 per cent greater than a year ago. CHEMICALS STATISTICS Genera! operations Employment F. K. B. Indexes Year a ikd month Stocks Ad- Unad- roll, justed justed uiiad-| Justed 1 goods i Average of 9 months. ; : 115.8 Turpen- r; tine Fertl- Potash Nitrate «™ salts lofsoda 'l prod- Con- i sumption Production Monthly average, 1923-1925= 100 1929: October 1930: October November . December ._. 1931: Januarv . _. . February . __ . March .. April May. . June July August September. October Monthly average, January through October: 19291930 . 1931 Ethyl i Explo- •. Rosin, alcohol : slves wood ; : : Thous. i Thous. of gals, ; of Ibs. T)n-i.iic, mrrels Thous. of short i Short tons ! tons 116. 1 118.2 120. 7 134.3 25, 426 42, 10S 40.. 903 7, 640 ; 350 4,605 : i iQl 1 101. 4 98 3 98.6 ; 97. 9 97.8 99.9 9fi 1 94.7 125.1 124. 2 123. 9 132. 7 ; 128.3 13,455 I 20,861 i 17, 770 i 34,113 30.24S 24, 024 34,818 38, 931 34, 332 5,817 . 6,584 i 6,200 336 303 336 3,408 ! 1.265 3,114 1,508 3,055 1,439 * i i ! '•• 96. 2 95. 6 93.3 96.7 91.4 86.7 86.2 84.4 86.0 85.7 90.4 92. 9 89.8 92.0 88,4 84. 1 82.9 80.4 80.8 80.8 128. S 130. 7 132.0 129. 0 129. 3 123. 3 119.2 117.4 121.0 130. i 107. 7 ; 96. 5 91.5 88.4 87.9 86.7 85.3 99.5 130,7 11.869 : 8,859 i 11,929 : 11,162 : 13, 120 i 24,056 28,751 25,414 27,647 26, 960 25,981 25,068 24,548 26,598 24, 488 32, 332 33, 544 35, 585 33, 593 34, 747 28, 495 17, 074 25, 058 28, 103 326 249 226 195 162 146 143 162 142 3. 092 2,898 3,256 3, 146 3,126 2,715 2,569 2,443 2,310 ? 389 312.2 1C5. 8 90.3 113.2 105. 6 88. 3 120.6 129.8 126.1 107. 4 106.8 96.7 ! 4,757 5,634 5, 740 6,344 ; 5,996 5,675 : 4,370 2,607 3, 797 ; 3 922 \ 6.889 • 7,057 i 4,884 | 96 6 94.5 89 8 91 7 930 89. G 89.4 86 6 85 7 85 4 124. 2 ; 103.2 ; ' i : : 11,975 12,363 12,952 • 16,037 | Id, 950 ! 37, 164 12,854 ' 32.789 i 12,252 i _ . .. 37, 223 40, 082 29, 102 Imports 296 336 l,03o : ; ! • i I i ' 1, 570 1,409 1,506 S<>4 1,044 1,024 Q97 1,238 1,252 4,492 : 3,905 . 2,794 i 886 994 103 J122, Oil j 54,821 106 61 74 343 640 1,362 1,132 195 74 25 40 91 94 73, 945 19, 706 25, 324 27, 207 35,474 35, 512 41, 663 45, 890 33, 822 68, 421 60, 394 120,164 30, 206 67, 008 17, 706 34, 006 14. 650 29,711 67, 958 18, 809 65, 043 35, 367 66, 440 48, 590 50, 071 33, 968 534 j 68.100 535 j 78,885 399 i 44,795 82,184 49, 691 so, in 16 SURVEY OF CURRENT BUSINESS December. 1935 Automobiles and R u b b e r SCHEDULES of production in the automobile ^ industry were reduced in October by a margin greatly in excess of that usually recorded at this season. The adjusted production index of the Federal Reserve Board stood at the lowest level recorded in recent years and was 43 per cent below October a year ago. The monthly average for January through October is 29 per cent lower than the figure for the same months in 1930 and 59 per cent below the high level of 1929. Passenger-car output continued its decline of the previous five months and was approximately half the already low product of September. Truck production, which had remained fairly steady for three months, also declined sharply and registered a loss for the month of 31 per cent. Employment in the automotive industry decreased 19 per cent in October, according to the seasonally adjusted index of the Federal Reserve Board. Pay rolls, however, remained practically the same, indicating an increase in working hours. The unadjusted pay-roll index fell less than 1 per cent while the unadjusted employment index declined 21 per cent. In the first two weeks of November some improvement was apparent from the employment index of the Detroit Board of Commerce, which rose from 41.7 to 50. The export of trucks was the most active section in the entire industry. Total trucks shipped abroad during October exceeded all months since April and the number was 10 per cent greater than shipments in October of last year. Passenger car exports, on the contrary, were less than half the total for October, 1930, and the average monthly exports for January through October were 46 per cent below the same months a year ago. Pneumatic tire production in September was 19 per cent less than in the preceding month and only slightly under September, 1930. During September domestic shipments in the industry also receded from the August total. The Federal Reserve Board adjusted index of October employment in the rubber products industries recorded a small gain. The unadjusted pay-roll index declined 2 per cent. Following three successive decreases the importation of crude rubber gained in volume during October. The total import receipts were G per cent above the amount recorded for September but 9 per cent below October, 1930. AUTOMOBILE AND RUBBER STATISTICS Automobile exports An torn oM! e production United States F. U. B.' index, Total adjusted Year and month Monthly averages, 19231925= , 100 1929: October 1930: October.-. November December 1931: January „ February March April TV! av June July - _ ___ __ ._ _ . August _ . September October M o n t h l y average, J a n u a r y through October: 1929 _ i 1930__ . 1931 j Taxi- jTruoks cabs . \ Thousands Total due- mobile ; accessories, \ ship- i whole- i Jfy _„„" ^^^Jy^! 1 rucks' ments ! sale i su clea!- ; er!s ™" ers ^ : 380 318 868 60, 687 ! 154 137 156 113 101 121 582 609 1, 425 40, 593 : 35, 613 :' : 33, 443 I - 63 68 67 77 78 65 60 52 40 28 172 220 276 337 317 251 218 187 141 80 138 180 231 286 271 210 184 155 ](IU 58 512 529 410 660 340 360 180 104 141 651 145 84 fift 502 306 220 431 255 182 1, 446 690 389 33,531 39, 521 45, 161 50. 022 45, 688 40, 244 34, 317 31,772 31,338 21, 727 l! \' i: ; ! 69, 543 i 50, 219 i 37, 332 Pneumatic tires January, 1925= 100 1 Proi l i." 110 \\ ?i^n" ii Millions of dollars 11, 512 , 91 64 4.079 ! 6,039 ! 5,102 , 79 63 55 36 30 36 6,498 9,871 12,993 17,159 12,738 6. 835 4, 220 4, 544 8,304 9,187 ' 11,526 11.228 8,468 5, 843 6, 478 5, 699 53 65 66 61 61 57 66 66 3,207 40 50 63 71 73 58 49 44 36 26 62 66 92 113 109 105 96 80 68 1,440 4,534 4,187 o,002 5.499 4,498 4,340 3,518 2,356 4,171 4. 50C 24,838 14,316 7, 894 31,168 13,793 7, 452 17,396 i 7,380 : 4,361 86 72 61 60 51 144 4, 983 3, 640 108 85 !L ) ! ! i ! i i ' D °-tic in es sh| Pnients Thousands 7,136 6.039 9', 096 ': 14,523 ! 19,931 4.541 j 5,407 ! 5,622 Crude rubber j Number 49 i 74 ! 85 113 _ Passenfijer ears Canada Automobile j financing ;j 126 81 ( CO ' 66 / i i i| World Sni- stocks* ports end of month Long tor.? 3, 089 3, 520 38, 454 282, 837 2, 866 2.123 2, 251 2, 613 2 119 2 5:0 i c , 3"" 24 7H "7 .70 42S42? 127,427 439,728 2.940 3, 188 3, 730 3, 955 4,543 4,538 3, 941 3, 125 2, 538 2 SV 2 'x ) 3. 143 \ 804 4. !'»7 1, 320 4, 244 3, n845 3, <u ,10 'OS 4PO,479 'U, >74s 171,28' 4C, > i^7 716 44. ^ 4^7, t96 3"> (814 4^7,70" 16 ^ i°6 2rf8 44, 052 i 509, 139 rv.OTi 511,750 08, c "3 "> 2.774 41,398 ! 536,874 4, 823 3, 616 47,668 : 259,436 41,842 : 383,487 40, 287 497, 16ft 17 SURVEY OF CURRENT BUSINESS December, 1931 Textile Industry HE increased activity in the textile industry T registered in September was not maintained in October, and, although the index of the Federal Re- Wool receipts at Boston in October declined for the second successive month, which was not unusual at that time of the year, and were 24.4 per cent less than in October of last year; the accumulated wool receipts at Boston for the first 10 months of 1931 have been only 2.7 per cent less than during the same period of 1930. The price of territory, fine, staple wool afc Boston averaged 58 cents per pound in October as compared with 62 cents in the preceding month and 75 cents per pound in October of last year. Spinning activity in the woolen and worsted industry was at a much lower rate in October than in September, 1931. As compared with the average for the first 10 months of last }rear the rate of activity from January to October, 1931, averaged higher in both the woolen and worsted industries. Raw silk deliveries to American mills in October were 8.4 per cent less than in October of last year, but were the largest quantities received by mills in any one month since November, 1930. Wholesale prices of Japanese, double, extra cracks, raw silk at New York changed only slightly from September to October, 1931. Wholesale prices of rayon did not change during that period. serve Board adjusted for seasonal variations in October was 7 per cent below its 1923-1925 average, it was 2 per cent higher than in the same month of last year. Consumption of raw cotton in October was about the same as in September. Production of 300 classifications or constructions of carded cotton cloths, representing output of a very large proportion of the industry, averaged nearly 57,000,000 yards per week in October, 4.3 per cent more than in September, and the largest weekly output for any month since June. Sales of these cloths in October averaged 45 per cent larger per week than in September, and were 47 per cent more than production. The increase of 117,500,000 yards in unfilled orders considerably more than offset the increase in stocks of 10,900,000 yards; unfilled orders on October. 31 represented 6 weeks of production at the current rate of activity, although they were slightly lower than on October 31, 1930. Prices of cotton goods were steady during October, at a level about 25 per cent lower than a year ago. ly av- erage, 1923- Bales 1925= 100 1929: October. 1930: October November December 1931: January February March April May June _ July August September October _ Monthly a v e r a g e , J a n u a r y through October: 1<29 1930 1931 1 Q •—o •caS-Si ' 1 Rayon, wholesale price, A grade, bleached ay -I I\ OQs s l p!l «i Deliveries to mills **~J3 Sinning g pi EI dies Worsted I Ml r i rtli Wool manu- Silk factures Woolen 1 -i 0 e.3 !i 5 -a ansgi Eecefpts, at Boston, total Production i Spindle activity, total Cotton textiles (23 groups of textile constructions) ! Month- MilThou- lions of sands of spindle bales hours ly av- ThouDol- ; Per cent of ac- | of lars per live hours to • erage, Bales 1911- sands pounds pound ! total reported 1913 = Thousands of yards 100 118 639, 759 6, 652 9,006 283, 064 265, 450 362, 657 395,698 160 12, 148 91 93 87 443, 284 415, 315 405, 518 8, 829 9,962 10, 031 6,243 5,825 5,924 228, 866 206, 633 234, 052 270, 383 200, 661 226, 951 350, 889 356, 861 363, 962 350,845 12, 739 333, 251 288, 956 124 124 122 6,240 .75 ! .72 i 11, 574 86 93 97 98 98 97 102 100 100 93 450,117 433, 376 490, 509 508, 691 465, 363 453, 901 450, 884 425, 819 463, 704 462, 025 9,557 8,864 8,136 7,404 6,748 6,102 5,520 5,266 7,072 10, 566 6,365 6,122 7,000 7,125 6,733 6,630 6,528 6,193 6, 540 6,595 202, 149 212, 168 271, 638 225, 955 225, 392 260, 163 192, 545 209, 050 272,118 227, 116 210, 597 248, 354 317, 185 217, 582 205, 603 273, 871 355, 514 319, 328 273, 781 282, 154 227, 644 278, 049 216, 207 120 119 121 119 115 112 111 100 95 10, 795 13, 269 288, 235 269, 449 250, 855 244. 924 255, 833 317, 465 395, 802 373, 951 294, 118 248, 544 330, 575 277, 597 217, 508 227, 167 344, 639 118 91 96 605, 605 455, 696 460, 439 4, 188 5,809 7, 524 8,531 6,493 6,583 293, 850 237, 904 229, 829 296, 759 248, 916 240, 642 368, 283 434, 220 284, 202 414, 780 307, 323 302, 737 162 136 Months do not contain same number of weeks. ooU-u—ol QCfi°A °1 TO Ati WooJ Cottoa manufactures •~ »" 23d 5 13 ?• Month- Stocks, mills and warehouses, end of month Mill consumption Year and month Cotton, raw Wholesale price, Fairchild composite F. U. B. index, adjusted TEXTILE STATISTICS 211,331 301,943 78 72 57, 489 1.15 .72 : 53 52 45 62 52 52 61, 937 57, 333 55, 424 .95 .95 .95 48 66 57 55 60 HI 64 66 63 53 52 54 57 57 66 73 83 78 70 49 55, 910 54, 242 55, 383 41, 356 45, 073 42, 161 44, 746 46, 454 9,628 .68 .66 .66 .65 .63 .62 .62 .63 .62 .58 .75.75 .75 .75 .75 .75 .75 .75 .75 .75 27, 651 29, 486 28, 677 1.00 .77 .64 81 57 59 68 55 64 52, 503 1 46, 947 49, 581 13,279 17, 775 30,341 56, 743 79, 381 36, 850 18, 707 0.90 i i | i 53,819 56, 668 1.25 1.07 .75 18 SURVEY OF CURRENT BUSINESS December, 1931 Food Industries RODUCTION in the food products industry Pdeclined slightly during October, according to the adjusted index of the Federal Reserve Board. The October level corresponded to the average monthly figure, from January through October of the current year. The monthly average for the first 10 months was 4 per cent below last year and 9 per cent below 1929. After remaining comparatively steady for three months, the Federal Reserve Board's adjusted index of employment in the food industries declined. The October index was 2 per cent lower than that recorded for September and 6 per cent below October of last year. The monthly average to date is 7 per cent under the average for the first 10 months of 1930 and 11 per cent below a similar period in 1929. The level of wholesale prices in the industry remained steady and receded only a fraction of 1 per cent for the month of^October. Prices were 18 per cent below October of last year, while the monthly average for the first 10 months of 1931 was also 18 per cent lower than during the same period a year ago. Wheat receipts at the principal markets continued in October the seasonal decline of the two preceding months. The total receipts for the month were 14 per cent above the same month in 1930, and brought the average for the first 10 months of 1931 to 8 per cent above a similar period last year. The visible supply of wheat in the United States at the end of October was 3 per cent less than the amount recorded a month earlier. Exports were 25 per cent above October of last year and reached the same level as October, 1929. October receipts of corn at primary markets increased sharply from the extremely low figure of the preceding month, bat the 10-month average was 29 per cent below last year. The visible corn supply in the United States increased slightly during October. The decline in price of the last four months, evidenced by No. 3 yellow at Chicago, continued during October. The price fell to a low mark for the year and was 54 per cent lower than that quoted for the same month a year ago. Cattle receipts at principal markets recorded a dedelayed seasonal increase. Hog receipts continued the gain of last month which was also seasonal. The total volume of hogs received was slightly greater than the figure for October, 1930. Raw sugar imports in October had a further decrease, while coffee imports were greater after a decline of two months. STATISTICS 96 99.8 101.2 238.6 36 102.6 203 1.24 18 .76 .70 .73 .71 .71 .71 .75 .76 .67 ! .47 .51 .56 .58 90.9 91.4 90.8 88.6 85.7 81.8 212.1 148.8 105.8 96.7 88.5 97.8 29 25 22 205 202 196 12 93 92 87 96 91 83 88 88 92 90 91.2 90.3 89.9 90.6 90.8 88.7 88.1 88.1 87.5 85.5 80.1 77.1 76.7 75.6 1 72.9 72.4 73.1 73.7 72.9 72.6 74.3 66.8 64.4 53.1 62.0 55.2 103.0 83.9 119.3 161.9 94.7 85.5 94.0 101.2 106. 7 118.0 105.2 94.3 91.5 95.7 29 31 31 21 31 30 104 61 39 33 197 202 207 200 198 191 218 243 239 231 6 4 5 7 10 12 17 12 12 15 99 94 90 99.8 95.6 89.1 105.8 95.5 84.4 100.2 99.4 98.7 42 38 41 813 143 162 12 13 10 100.0 91.5 74.7 i 15 94 94 89 i Millions of bushels 6 1.17 .96 .64 : S *S 5° i -I !Z £ i 3 Thousands Coffee import? Millions of bushels ® *S Thousands of bags M Bi» « ! 1s ! **i Total raw sugar imports I 3 Visible s u p p l y , United States «re Receipts, principal markets £3 •w 0 Thousands of long tons Monthly average, 1923-1925 = 100 Price, wtd. average, 6 markets, all grades 1 5£g > A^'C "Si. Total meats, coldstorage, end of month 01 —< s it a •33 Millions of pounds Q O 2 « %2 Dollars per bushel t> * 8 >>|7 £f •MS ?*§ S| * 2 a?£ «"So 7s i' j j Animal products Corn Wheat Dollars per bushel Monthly average, 1923-1925=100 1929: October 1930: October November December _ „ 1931: January February March April May - . June July August September October. Monthly average, January through October: 1929 1930 . 1931 Wholesale prices Employment adjusted Yearjand month Production adjusted F. R. B. Crop marketings Food products industry Animal products, marketings j FOODSTUFFS 2,407 3,701 732 349 1,004 15 17 27 * 5 7 17 .82 .71 , .69 2,377 1,696 1,736 3,441 3,439 4,002 534 597 737 360 344 312 1,159 957 1,098 19 21 19 17 11 13 16 11 8 14 18 20 22 20 12 8 9 8 6 7 .65 .61 .60 .58 .56 i .58 .57 .46 .42 .38 1,508 1,303 1,535 1,617 1,551 1,540 1,488 1,821 1,797 3,137 4.652 3,704 3,207 3,067 2,938 2,854 2,511 2,454 2,727 3,462 959 1,092 1,072 1,100 1,062 1,014 946 798 638 505 204 364 515 415 313 382 413 532 330 289 1,094 1,289 1,407 1,126 1,415 1,037 1,100 884 794 907 22 21 15 19 12 13 .95 .84 .54 1,694 1, 678 1,630 3,591 3,333 3,158 1,118 890 919 517 388 374 945 1,005 1,105 .95 19 SUEVEY OF CURRENT BUSINESS December, 1931 Forest Products production in October, according to the EMBER adjusted index of the Federal Reserve Board, continued the steady decline which has been taking place since last May. Present production, which is down to 35 per cent of the 1923-1925 average, represents a decline of 35 per cent from that of October, 1930, and about 60 per cent from production two years ago. Employment and pay rolls both declined more than seasonally in October. Employment has been declining steadily since the summer of 1929, the present level being approximately 22 per cent below October a year ago and less than half of the 1923-1925 average. Pay rolls have been declining more rapidly than employment, reflecting wage readjustments in the industry and part-time employment; in October, 1930,, the index for pay rolls (1923-1925 average = 100) was 3 per cent less than that for employment and in October of this year pay rolls were 21 per cent below. Marketing of forest products increased seasonally in October, being now about 9 per cent less than a year ago and 38 per cent under average marketings in 19231925. Naval stores, or gum, marketings in October increased slightly as compared with the revised estimate for September, whereas there is usually a small seasonal decrease at this time. Southern pine production remained steady at 117,000,000 board feet in October, which is 45 per cent below production at this time a year ago. New orders declined to 135,000,000 board feet, which is about 37 per cent less than new orders at this time in 1930. Unfilled orders dropped to the lowest in many years, being about 47 per cent below the October, 1930, figure. Douglas fir production declined sharply in October (the estimate for this month includes an extra week) to 150,000,000 board feet, the lowest yet recorded. This is about 28 per cent less than production a year ago and 52 per cent less than two years ago. New orders likewise declined to a new low point in October and at present are about 26 per cent below those of a year ago and less than half those of October, 1929. Unfilled orders, which reached a record low point, were 41 per cent off from a year ago and only a little more than a quarter of unfilled orders two years ago. Production of hardwoods remained steady in October as compared with the preceding month, but present output is 33 per cent less than a year ago and 65 per cent less than two years ago. New orders have remained about the same for several months, while unfilled orders rose somewhat in September but declined again in October. Car loadings of forest products increased about 20,000 cars from the low point recorded in September. FOREST PRODUCTS STATISTICS Indexes of marketing General operations Lumber Empro- ployPay Total duc- ment, roll, forest Naval tion unadprodstores ad- justed ad- justed ucts Year and month 1929: October 1930: October November December 1931: January February March April May June July August September... October Monthly average, through October: 1929 1930 1931 .. « thorn pine nin*» Southern Production Hardwoods Douglas fir » UnNew filled orders orders Production UnNew filled orders orders FurniCar- ture, unload- filled ings, orders, forest southprod- eastucts ern district Pro- New Unfilled duc- orders tion orders justed F.R.B. Monthly average 1923-1925=100 _ « . . . January http://fraser.stlouisfed.org/ A n cm.-:t. Federal Reserve Bank ofMnv St. Louis «nri ! Thou- Dollars isands of per firm cars Millions of feet board measure 89 87.2 96.8 89.1 130.1 312 304 296 296 281 660 ! 254 54 47 50 62,1 60.4 58.8 60.4 54.7 50.4 68.1 62.9 58.0 143.1 112.9 117.7 2H 185 167 213 177 146 109 105 99 208 192 167 203 186 189 138 176 188 158 143 134 154 133 125 466 ! 452 456 197 174 121 29, 117 19, 917 14, 400 49 45 50 49 50 49 44 40 38 35 56.3 56.3 55.7 55.4 55.4 54.4 52.0 51.1 49.4 48.4 44.0 45.6 46.2 44.9 45.7 44.6 41.7 41.3 40.3 38.2 55.9 55.8 60.9 64.0 68.3 67.4 65.6 66.3 59.3 62.0 37.1 25.5 39.7 98.3 136.5 189.9 186.7 1 141.5 111.9 114.0 165 154 165 165 148 127 122 120 117 117 191 171 174 169 158 140 147 151 138 135 116 107 121 104 84 83 83 82 74 58 160 179 186 202 207 200 149 172 155 150 192 189 217 224 189 191 181 188 159 151 183 182 197 216 136 163 166 111 125 81 143 158 165 146 146 143 109 101 105 105 169 188 173 154 158 176 139 131 131 131 456 481 473 463 431 419 402 375 387 i 374 i 156 138 138 130 165 125 106 138 104 123 31, 781 34, 160 29, 798 28, 248 19, 338 56, 865 47, 997 47, 706 42, 180 22, 100 92 71 45 89.1 71.2 53.4 91.6 68.4 43.3 • 87.3 69.0 62.6 123.3 123. 9 108.1 237 140 220 157 155 91 330 250 176 339 247 188 332 209 156 313 214 132 308 178 155 646 564 426 279 211 132 39, 039 36,017 s: othfir months. 4 weeks. 20 SURVEY OF CURRENT BUSINESS December, 1931 IMPORTS OF FERTILIZER AND FERTILIZER MATERIALS [Long tons] 1922 1923 1924 1925 1927 1926 1928 1929 1930 1931 Months Total January February _ _ _ _ M!arch April _ _ May June July _ _ August September October _. November December _.. _. ___ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ .-_ ___ _ _ _ Total 72, 077 69, 220 78 927 92, 641 97, 472 116, 515 183, 270 158, 793 80, 599 122, 573 151, 755 115,492 210, 426 142, 350 222 955 193, 032 134, 685 72, 625 116,740 153, 820 145, 123 160,616 110,360 195, 134 266, 623 232, 558 227 361 111,783 96. 247 53, 592 87, 271 109, 445 141, 028 172,517 189, 944 204, 511 199, 363 197, 963 298, 781 246, 939 174,002 101,946 152, 467 202, 576 215, 088 153, 457 164, 581 161, 365 224, 139 277, 525 326, 592 211, 540 92, 781 45, 120 109, 527 155, 499 124,412 159,728 163, 978 191, 781 152, 659 119, 897 184, 813 150, 861 75, 462 74, 732 151, 602 249, 862 188, 724 181, 202 140, 414 148, 710 231, 522 300, 524 324, 468 224, 681 157, 773 126, 526 160, 447 277, 363 198, 575 183, 737 163, 666 185, 788 195, 387 289, 414 221, 443 226, 883 204, 007 107, 023 159, 486 201, 665 154, 569 237, 113 149, 843 162, 942 240, 130 257, 596 287, 555 177, 327 87, 994 89, 547 164, 546 137, 172 141,421 160! 784 255, 905 143, 250 72, 159 59, 970 97, 358 127. 599 146, 700 150,686 120.822 95, 798 107, 198 1, 339, 334 1, 857, 866 1, 892, 880 2, 268, 528 2, 082, 622 1, 818, 938 2, 535, 070 2, 309, 775 1,976,893 Nitrogenous Janusry February Marcli April _-_ --_ -_ _ _ - - - - _ _ May June _ __ - - _ . _ July August _ - _ _ _ - - - - _ - _ September October _ - _ November December. __ _ - - Total 13 010 21 051 20, 26 7 32, 733 60, 016 53, 893 37, 720 48, 199 57, 984 91, 631 124, 377 61, 312 ?1 I 1^0. 144 1(L i » M 141,S7i 1 12, ( r,2 117, V'.'i 38, (»:s ,5, 9t>7 65, 727 t>3, %0 80, 7u3 50,3^) 120, 190 lhl.t.70 1 *6. 017 / ( >, 352 7S, 039 10. °77 57. ( 88 74, 514 81, S97 105. 227 S9, 841 85,310 IZ'f 111,578 118,204 221, 500 177, 081 149, 813 68, 973 87, 226 1 07, 684 75, 727 83, 922 106, 063 64, 390 134, 899 180, 301 210, 400 140, 909 64, 730 21,816 32, 365 71, 728 50, 407 60, 843 69, 090 88, 285 73, 197 59, 497 120, 017 121, 680 62, 349 52, 117 69, 230 100, 590 100, 327 98, 340 95, 239 97, 738 110,722 181, 898 242, 099 104, 489 131,132 91, 59, 122, 75, 87, 86, 122, 578 219 448 543 189 521 920 132, 527 193, 95(5 142, 573 148, 028 1.4, 335 80, 395 67, 356 75. 109 63, 306 97, 566 82, 574 98, 609 634, 805 1, 089. 524 1, 177, 576 1, 372, 167 1, 1.43, 899 1, 050, 927 1, 475, 758 1, 326, 994 143, 191 130,211 165,811 105,471 58, 205 34, 902 43, 350 35, 940 49, 791 05, 839 60, 044 68, 250 82, 466 98, 435 170, 587 102.342 46', 002 37. 998 24, 730 47, 935 70, 022 61, 904 973, 115 Phosphates January February ]VIarch April May June _ July August September October November December _ _ . _ _ _ -. 1,491 _ 4, 139 3,683 4,604 7,466 2, 757 2, 003 7, 976 11,261 4, 863 7, 007 5,727 5,800 8,233 1, 808 447 1, 307 1, 014 2, 097 1, 201 3, 445 4, 3SO 7,146 1, 873 10, 176 1, 701 3, 234 4,293 929 5, 736 2,805 1,306 4,950 8,138 1, 728 2,075 4,017 1,312 1,260 2, 380 4, 079 1, 948 3,963 3,823 3,415 3, 025 4,229 2,906 3, 155 3, 437 11, 960 7,974 1,971 5,294 3, 169 11, 672 5, 452 5, 150 3,916 5,560 9, 645 6, 530 3,453 10, 041 7,415 10, 083 4, 368 11, 506 13, 168 8, 107 9, 468 21, 164 10, 740 8,931 5, 415 8,111 11,811 13, 321 9,423 8,560 11, 520 14, 383 8, 524 5,036 6,773 14, 924 12, 182 4,666 13, 043 5,212 5, 641 10, 769 12, 740 7, 807 8,896 15, 874 6,240 5,025 17, 482 4, 074 6,707 3, 603 6, 922 4, 157 9, 760 37, 105 67, 346 45, 128 36, 357 68,710 101, 915 132, 847 104, 814 96, 547 85, 18S 106, 200 92, 208 55, 119 18, 828 34, 616 - - - - - - - - - - _ _ _ -- _ - -- _ -_ _-_._ _ _ _ _ _ Total __ _ - ...... 8,733 8,866 5,304 6,279 3,726 15, 158 5, 578 4,832 3, 339 3,768 9,858 6, 175 3, 331 Potash January JVTarch April JVIjjy - June _ - - _ -_ - - - _ __ - J U ly . August September October November December _ _ _ _ _ _ __- _ _._ -- . __ Total 42, 763 38 5"6 43, 999 43, 919 19, 260 52,613 136, 383 100, 695 11, 360 17, 853 18, 758 41, 237 73, 717 ,32 701 72, 338 67, 360 11,773 31, 330 41, 421 74, 476 75, 018 70, 657 52, 604 62, 061 63, 770 67, 327 84, 693 25, 215 13,925 6, 328 26, 087 32, 706 53, 007 54, 588 88, 932 115, 441 82, 037 77, 207 71, 538 63, 279 14, 240 29, 827 59, 710 86, 154 130, 405 63, 386 52, 627 90, 229 82, 114 85, 925 99, 250 61, 081 24, 704 15, 836 71, 094 65, 269 57,511 69, 714 88, 184 95, 032 67, 044 47, 817 46, 048 19, 344 6,624 11,154 74, 355 135, 965 80, 354 66, 447 29, 321 38, 636 105, 765 89, 528 65, 664 17, 384 15, 820 83, 854 137, 924 107, 601 79, 161 55, 362 38, 679 46, 184 77, 156 64, 433 56, 791 35, 543 9,975 83, 661 101,873 83, 374 122,011 50, 198 46, 710 567 422 665, 456 632, 019 820, 637 815,714 623, 109 842, 556 777, 909 833, 879 8,503 5,567 7,934 5,965 3, 307 3,036 1,420 602 3,218 3,675 4,909 5, 447 3,842 11,017 5,563 3,670 6,008 8,827 11, 372 9,778 9,401 14. 691 9,205 4, 471 3,803 11, 640 2,617 11,895 3,944 6,289 13, 662 10, 497 5,936 2,487 3,699 8,876 4,277 3, 930 45,814 113,423 106, 209 103, 113 73, 945 19, 706 25, 324 41, 663 33. 822 60, 394 30, 206 17, 706 14,650 67, 958 65, 043 06, 440 50, 071 Other Fertilizer January February March April M!ay 14,207 . Tune July August September October - . -_ - -_ _. _ . - - _ - - _ _ - _- .- _ _ - _ - _ _ _ __- 7, 725 8^214 14, 682 11, 182 7,312 7, 900 6, 454 6, 869 5, 943 3, 256 3, 332 4,139 5, 254 2,295 1,234 1,376 2, 356 1, 336 2,189 8,176 1,860 3, 417 2,923 2, 754 551 691 919 1,174 4,564 1,731 1,240 4, 479 4,199 5, 870 1,198 1, 568 4,915 5, 541 3, 124 3,971 1,802 4,922 1,576 1,370 2,174 2,899 6,830 5,042 18, 021 3,685 3, 717 6,764 5,438 9,766 5,124 3,019 3,983 902 4, 763 4,063 5,516 1 Compiled by the Department of Commerce, Bureau of Foreign and Domestic Commerce. The item " Other Fertilizer " represents the total imports of Nitrophoska, limestone ground and pulverized for agricultural purposes, prepared fertilizer mixtures, and substances used chiefly for fertilizer not elsewhere specified. 21 SURVEY OF CURRENT BUSINESS December, 1931 WEEKLY BUSINESS INDICATORS [Weekly average, 1923-1925=100] 1930 1931 ITEM 1931 1939 Nov. Nov.! Nov. Nov. Nov. Nov. Nov. Nov. Nov. 28 *Composite index, N. Y. Times.. *Cornposite index, Business WeekDetroit employment Production: Beehive coke. Bituminous coal Building (new awards) t Electric current Petroleum Steel ingots Receipts: Cattle and calves __ Cotton Hogs. . Wheat Distribution: Car loadings Wholesale prices: Coppnr electrolytic Cotton, middling, spot 29 21 i 14 22 15 30 93 16 ! 1930 1929 i ITEM Nov. Nov. Nov. Nov. Nov. Nov. Nov. Nov.! Nov. 28 21 14 ; 29 22 15 30 23 1 16 ! 63.21 64.6 82.0 79.0 80.4 95.0 95. 5 97.1 ! Wholesale prices — Continued. 66.l! 65.9 80.4 80.9 78.6 102.1 101.4 101.3 i Fisher's index (1926=100)— 89.5 i Total (120) 80.0 93.0 50.0 75.8 9.8 10.6 16.3! 15.5 72.5! 77.2 89.31! 91.2 __i 39.7 64. 6 99.3! 97.4 100.4103.4 116.2 117.8118.3 108. 8 109. 6 36.8 38.2 40.8 51. 3| 52.6 79.7 87.0! 95.9 196.5 271.5|295.4 84.1 101.4! 95.5 62.4! 88.6 68. 2| 72.0 j 16.3 34.3 34.7 39.2 99.7 104.4 114.6 110.2 1 77. 9 67.1 106. 5 102.8 103. 1 109.1 107. 7 I 110.7 126. 6 126. 4 125. 8 1 56.6 88.2 90. 8 93.4 ; 69.0 83.9 96.2 76.6 102. 8 110.4 195. 8 185. 4 231. 2 168. 8 184. 2 238. 5 67.8i 88.9 90.0 90.6 99. 8 94.8 1 40.4 80.3 81.2 53.3 48.0 56.7 1 73.2! 81.3 86.5 87.2 99.1 102.5 I i 44.9 48.5 49.3 78.3: 73.9 79.7 129.0 129. 0 129.0 j 22.8 22.8! 24.3 39.0 S 40.1 41.2 64.0 64.7 64.3 Relative to a computed normal taken as 100. 1 67.8 68.6 68.6 80.6 80.8 82.2 92.3 92.2! 92.6 Agricultural product (30) - 52.2 53.7 53.91 77.5 78.7 81.3 97.5 97.2: 97.0 Nonagricultural products 70.0 70.2 70.2: 80.3 80.3 81.3 91.2 91.1! 91.6 (90) 73.8 74.0 74.0 77.0 77.0 77.2 86.9 86.9 87.2 Iron and steel, composite Banking and finance: Bank debits outside N. Y. C 74 Q 91.5 66.5^ 99.1 120.7 100.7 129.8 162. 5k44.0 Bond prices 92. 8 95.0 96.3106.5 106.7 108. 5 104.9 103.3103.3 Business failures (number)-.. 120. 9 144. 5 130.5J113.3 139.8 121. 6 91.2 116.0' 99.3 83.9 82.7 80.6105.0 105.7 104.8 92.6 91.91 89.7 Federal reserve ratio 60.6 57.7 60.6; 48.5 48. 5 48.5 109.1 115. l! 142. 4 Interest rates, call Interest rates, time __ 80.0 85.7 91.4; 62.9 62.9 62.9 114.3 125.7137.1 107.3 Loans and discounts 107.6 107.4132.2 133.5 133.4 141.6 142.9144.9 Money in circulation 113. 0 113.2 114.0 94.3 92.9 92.6 100.1 99. 2i 100.0 Net demand deposits 101.1 101.7 101.7114.9 115.7 116.3 115. 0 117.8120.6 Stock prices. . 85.5 92.7 101.7164.0 166.0 161.0 207.8 205.3185.0 Time deposits 137.0 137.6 138. 0 165. 1 165.1 166.6 149.1 148.3149.0 ^ f Relative to weekly average 1928-1930 for week shown. WEEKLY BUSINESS STATISTICS 1931 1339 1929 ! 1928 ITEM Nov. 28 Nov. 21 Nov. 14 Nov. 29 Nov. 22 Nov. 15 Nov. 30 Nov. 23 Nov. 16 Dec. 1 Nov. 24 PRODUCTION AND DISTRIBUTION Bituminous-coal production thous. tons.. Building contracts (da. av ) 37 States thous. dolls Electrical current output _ mills, of kw. hours. _ Exports: Corn thous of bush Wheat thous. of bush Wheat flour thous. of bbls__ Freight cars: Loadings, total _ cars.. Coal and coke cars Forest products cars Grain and grain products cars Livestock cars Merchandise 1. c. 1 cars Miscellaneous . . cars.. Ore cars Net available surplus (da. av.) cars Petroleum production (da. av.) thous. of bbls__ Receipts: Cattle and calves (12 markets) . thousands. _ Cotton into sight thous. of bales.. Wheat, primary markets thous. of bush Wrool, total, Boston thous. of lbs._ Steel-ingot production per ct. of capacity.. 7,063 110 1,754 113 7,520 6,377 ' 1,623 8,705 10, 380 1,672 8,890 10, 176 17, 092 1,718 1,818 10, 740 • 12 515 1, 794 9, 906 21,331 1, 619 10, 982 1,722 9,718 10, 776 1,713 11, 173 1, 655 36 2, 465 173 150 ! 1,960 130 I o 99 283 21 819 187 34 517 190 64 1, 465 169 84 1, 808 208 260 1 2 561 ' 304 973 1 291 177 350 1,584 245 653, 503 121, 549 21, 325 36, 872 25, 555 209, 032 234, 269 4,901 702, 085 155, 763 32, 095 33 730 23, 821 194, 952 255, 951 5 773 580, 498 2, 266 779, 752 155, 364 33, 111 36 348 24, 845 229, 521 292, 340 8,223 533, 445 2,282 836, 310 188, 335 48 611 38, 716 25, 769 220, 000 305, 441 9,438 340, 740 2,638 949, 716 199, 872 54, 864 39 780 29, 821 257, 825 351, 810 15, 744 289, 669 2,633 982, 926 193 083 53 632 35 910 33 441 259 543 374, 020 33 297 226, 131 2,620 900, 556 189 332 58 448 53 591 25 623 226 169 336, 210 11 183 222 539 2,506 1 029,237 211,449 64, 715 54 777 32, 873 260, 430 387, 241 17, 752 194, 092 2, 505 218 509 3, 206 734 39 265 482 6, 379 1,924 40 242 439 4, 234 3,008 67 325 479 3,811 3,648 69 349 615 4, 502 4, 129 71 214 621 11, 192 2, 886 84 331 615 11, 052 1,980 83 2,420 2,453 690,366 ! 136, 109 | 22,972 J 37 994 1 27,604 ! 207,499 251,576 ! 6, 612 588,377 i 2,464 252 511 275 706 4, 961 3,129 29 303 { 768 7,037 2,756 i 31 i 757 28 829, 023 175, 184 33, 061 37, 049 29, 670 231, 001 308, 486 j 14,572 469, 793 2,305 ! 304 601 6,449 1,378 43 j WHOLESALE PRICES Chemical index rel to 1924 Copper ingots, electrolytic, New York.-dolls. per lb._ Cotton, middling, spot, New York dolls, per lb__ Food index (Bradstreet's) dolls. perlb.. Iron and steel composite dolls, per ton.. Wheat, No. 2, hard winter, Kansas City.-dolls. bu._ 1,701 106 3 .062 .062 2.07 30.55 .54 106.3 .067 .062 2.13 30.63 .58 106 3 .068 .066 2.09 i 30.63 ! .62 ' 107 2 .108 .106 2.61 31.86 .70 107 2 .102 .109 2.61 31. 86 .68 107 2 .119 .112 2.67 31.98 .67 112 5 .178 .174 3.14 35.97 1.21 112 5 .178 .176 3.16 35.97 1.20 112 5 1 .178 .175 3.13 ! 36. 09 ! 1.13 108 3 .158 .207 3.35 36. 13 1.14 3 375 3 414 3,780 4,170 3 645 ' 3,030 ' 5 036 4, 514 5,748 5,500 6,118 4,590 '• 10, 327 5,913 13,199 7,402 14 350 1 6 559 ! 12 167 6 080 11 279 6, 909 8, 954 8 308 492 6,660 85.05 588 9.869 86 24 531 1,640 05 40 461 1,571 95 55 569 2,296 95 41 1 495 i 2,671 93 93 371 2, 496 92 48 472 7,141 92 46 i 404 2,113 96 68 417 1, 748 96 83 476 686 3 094 662 3, 043 684 i 2 989 234 3,164 205 3,191 192 3,177 912 3,135 900 3,196 971 3 187 990 2 722 800 2, 890 13. 405 7 503 7 574 12, 206 6 211 361 13,442 7,560 7,553 12, 279 6,241 3.76 13,421 I 7,612 ! 7 573 12, 287 6 256 3.79 16, 527 6, 854 8 766 13, 882 7, 487 4.86 16, 690 6, 804 8 852 13, 974 7,486 4.86 16, 668 6,767 8 763 ' 14,049 ! 7, 552 4.86 j 17, 698 5,655 9,809 13, 890 6,760 4.88 17,861 5,650 9 871 14, 227 6,722 4.88 18,115 5 601 9 746 14, 570 6 756 4.88 16, 200 5 894 8 954 13,408 6 846 4.85 16,097 5,876 8 993 13, 396 6, 849 4.85 3 50 2 50 5,486 3.75 2.38 5,496 4 00 2.50 5,535 2 75 2 00 4,580 2.75 2.00 4,513 2.75 ! 2.00 4,498 | 5.00 4.50 4,897 5.50 4.75 4,816 6 00 5.88 4, 856 7 00 7 50 4, 908 7.00 6. 50 4,835 83.06 6, 849 89.98 9,075 98.80 10, 668 159. 27 8,175 161.22 12, 502 158. 38 18, 983 201. 76 8,087 199. 37 14, 362 179. 69 27, 491 227. 16 26,041 224. 07 30, 350 66.0 62 4 39 3 107. 2 70.5 66.5 44.4 112, 9 76.1 71 3 51 5 120. 7 116.9 109 2 101 3 166.5 119.1 110 8 102 8 171.6 113.1 105 4 99 0 161.2 152.5 145 5 136 8 198.2 157.1 150 5 138 9 203.7 140.3 134 5 127 8 177.6 108 3 . 158 .205 3.32 36. 19 1.14 FINANCIAL Bank debits: New York City mills, of dolls Outside New York City . mills, of dolls _ Bond sales, New York Stock Exchange: United States Government thous. of dolls.. Average price 40 corporation bonds dollars Business failures . number. Federal reserve banks: Bills discountedmills, of dolls.. Total reserves .. mills, of dolls Federal reserve reporting member banks: Total loans and discounts mills, of dolls. _ Total investments _ mills, of dolls " Other" loans mills of dolls Net demand deposits mills, of dolls.. Time deposits mills, of dolls Sterling exchange, rate quoted (daily av.) dollars.. Interest loans on brokers' loans: Time money, New York _. per cent . Call money, New York per cent-Money in circulation (daily average) -.mills, of dolls. _ Stocks, New York Exchange: Average price 50 stocks dollars.. Sales thous. of shares.. Stock prices, weighted: Industrials, rails and utilities (404)— rel. to 1926.. All industrials (337) rel to 1926 All railroads (33) rel to 1926 All utilities (34) rel. to 1926-- 178. 9 186 4 139 7 180.5 i 175.3 184 2 137 2 170.5 22 SURVEY OF CUREENT BUSINESS December, 1931 Monthly Business Statistics The following table contains a summary of the monthly figures designed to show the trend in important industrial and commercial movements. These data represent continuations of the figures presented in the 1931 Annual Supplement to the Survey of Current Business, in which monthly figures for the past seven years may be found, together with explanations as to the sources and basis for the figures quoted. The figures given below should always be read in connection with these explanations. For later data, which have become available since these data were compiled, see recent Weekly Supplements to the Survey. CONTENTS Page Page Industrial indexes Wholesale prices.... Commodity groups: Automobiles Chemicals and allied products__. Foodstuffs Forest products Leather and leather products Iron and steel Machinery Nonferrous metals Paper arid paper products Printing 22 23 25 26 28 32 33 34 36 37 38 40 Federal Reserve Board . 1931 Earlier data for items shown here may be found in the 1931 Annual Supple- \ \ ment to the Survey i October i INDUSTRIAL PRODUCTION Commodity groups—Continued. Rubber and rubber products Stone, clay, and glass Textiles. Tobacco Miscellaneous Fuels... Distribution movement . Foreign trade Employment and wages Construction Public utilities..._ Finance August | July 40 41 42 44 44 44 45 47 48 50 50 52 1930 | June [ May i April ! March ary January ! Decem- Nov ber ! i ! Total, unadjusted rel. to 1923-25..| Total, adjusted. rel. to 1923-25..j Manufactures, total unadjusted rel, to 1923-25.. j Manufactures, total adjusted..rel. to 1923-25._j Automobiles rel. to 1923-25. Cement _..__rel. to 1923-25..i Food products— rel. to 1923-25.J Iron and steel rel. to 1923-25..i Leather and shoes rel. to 1923-25. Lumber rel. to 1923-25. Nonferrous rnetals rel. to 1923-25.. Paper and printing rel. to 1923-25.. Petroleum refining rel. to 1923-25.. Polished plate glass.. rel. to 1923-25.. Auto tires and tubes rel. to 1923-25.. Textiles rel. to 1923-25.. Tobacco manufactures.....rel. to 1923-25.. Minerals, total unadjusted rel. to 1923-25.. Minerals, total adjusted rel. to 1923-25-. Anthracite _rel. to 1923-25. Bituminous coal. rel. to 1923-25.. Copper rel. to 1923-25.. Crude petroleum rel. to 1923-25. Iron-ore shipments _..rel to 1923-25. Lead ._ rel. to 1923-25. Silver rel. to 1923-25. Zinc rel. to 1923-25. 76 74 '. 73 : 72 ; 28 83 90 43 86 35 : 65 93 112 119 42 68 40 47 i't 76 276 76 240 95 «92 46 297 38 I 2 65 ! 104 ! 161 ! 55 ! 79 ! 2 100 j 118 ! 282 ! 277 i 65 i 70 ! 60 i 2 102 ! 51 I 67 i 40 ! 49 - 78 79 77 79 52 102 83 51 104 40 64 105 165 72 90 100 118 82 79 61 70 59 107 59 61 45 49 80 ; S3 ! 79 j 83 ! 61 ! 108 ! 88 I 59 i 101 ! 44 ! 65 109 ! 162 ! 91 ! 112 102 ! 122 ! 85 i 84 i 57 j 74 i 59 i 122 I 55 ! 64 ! 42 ! 49 i 87 : 86 ; 83 | 84 j 82 j 84 j 65 ! 112 83 64 101 49 68 108 161 91 126 97 133 85 85 66 74 67 122 46 60 46 54 89 89 90 89 77 96 91 72 107 50 73 113 163 112 123 101 137 84 86 71 75 68 122 27 78 51 54 90 89 : 91 89 i ?< | 90 96 75 i 102 j 49 I 73 i 110 161 ! 117 : 107 I 98 i 134 ! 83 92 ! 84 ! 77 ; 69 i 121 ! 0I 71 ! 54 i 61 i 101.7 98.4 102.7 91.5 114.3 106.4 ; 109.8 104.4 109.2 101.3 118.2 119.1 106.4 I 109.4 105.0 \ 97.6 108.6 114.0 108.2 105. 8 105. 7 102.8 117.5 115.7 110.3 105.5 109.0 108.0 130.6 120.0 106.4 108.2 110.3 ! 87 91 87 67 81 87 78 92 50 77 110 152 119 98 97 131 82 76 70 112 0 79 63 85 88; 85 [ 68 80 92 ' 73 87 45 79 111 149 111 94 93 132 84 ; 88 89 i 73 76 110 0i 82 62 65 82 82 81 81 63 84 93 64 77 49 78 107 144 90 88 86 121 86 90 93 77 72 110 0 83 68 65 78 82 76 80 85 83 89 59 81 50 85 101 149 65 73 87 128 89 94 i 93 85 i 76 \ 111 0i 92 68 85 84 84 84 74 86 94 65 80 47 87 103 151 77 93 119 95 92 83 114 51 83 73 70 90 87 88 85 49 97 94 75 89 54 95 107 160 101 88 91 129 104 98 105 87 83 115 74 94 70 80 Industrial Consumption of Electrical Energy Consumption by geographic sections: United States rel. to 1923-25. New England rel. to 1923-25. North Central rel. to 1923-25. Middle Atlantic. _.rel. to 1923-25. Southern rel. to 1923-25. Western rel. to 1923-25. Consumption by industries: All industry rel. to 1923-25. Automobiles, including repair parts rel. to 1923-25. Electrical apparatus and equipment rel. to 1923-25. Food and kindred products rel. to 1923-25. Leather and its products...rel. to 1923-25. Lumber and its products..rel. to 1923-25. Metals group rel. to 1923-25. Metal-working plants..rel. to 1923-25. Rolling mills and steel plants rel. to 1923-25. Paper and pulp ._ rel. to 1923-25. Rubber and its products...rel. to 1923-25.. Shipbuilding ....rel. to 1923-25.. Stone, clay, and glass rel. to 1923-25.. Textiles rel. to 1923-25.. 2 Revised. 97.1 87. 5 87.4 103. 3 113. 2 102.2 100.4 97.0 92.6 104. 0 113.8 102.3 97.3 89.9 90.0 99.5 112.8 108.8 97.1 100.4 97.3 97.9 100.0 92.1 95.7 117.5 96.8 101.7 i 89.7 i 90.8 | 94.1 103.5 113.4 121.3 103.2 93.2 107.3 99.8 118.4 116.1 104.3 103.2 97.6 90.2 100.2 96.6 105.8 111.0 99.1 86.3 99.0 97.5 116.4 99.9 67.5 71.5 74.9 j 80.9 105.4 96.3 100.6; 57.4 53.7 | 43.6 128.5 136. 5 81.8 82.2 73.0 71.0 129. 8 ! 142.0 ! 81.9 82.2 76.2 75.0 128.0 146.4 77.1 79.4 76.0 73.3 130.1 147.0 83.8 76.9 74.5 69.3 130.8 ! 136. 2 85.4 : 86.3 ! 81.5 78.6 132.0 126.8 81.0 97.2 98.5 94.0 136.7 122.0 83.9 91.6 99.5 94.6 124.3 116.8 71.2 93.2 112.2 103.5 149.0 112.9 76.1 84.2 114.0 112.3 144.7 118.3 71.6 82.6 97.4 95.0 132.4 107.1 68.7 73.3 102.3 137.5 ! 124.4 i 73.0 ! 86.5 i 99. o ; 89.6 140.6 137.2 84.9 77.1 101.2 87.0 76.3 113.0 82.8 84.5 113.4 98.2 78.3 138.3 88.0 88.9 113.9 98.7 78.0 121.7 98.5 85.6 105. 9 95.0 83.1 104.0 97.4 82.0 104.8 98.2 86.6 112.4 121.0 84.8 i 118.7 i 100. 5 ! 106.8 135.1 122.3 89.7 132.0 103.7 108.1 109.6 109.0 92.5 116.5 100.0 119.4 123.0 109.6 98.3 105. 1 97.3 116.5 127.0 122.0 114.8 102. 6 99.3 103.4 111.8 106. 5 113.9 75. 3 86.4 110.2 117.0 84.3 99.0 100.6 89.8 106. 5 ; 112.3 i 95.3 105.5 : 106.2 87.0 126.0 120.0 99.0 121.5 106.3 85.4 23 SURVEY OF CURRENT BUSINESS December, 1931 MONTHLY BUSINESS STATISTICS—Continued Earlier data for items shown here may be found in the 1931 Annual SuppleOctober SeptemAugust ment to the Survey ber 1931 July June „ May April 1930 Febru- January ary March j STOCKS AND ORDERS New orders, total Stocks, total Manufactured goods. Raw materials Unfilled orders, total . rel. to 1923- 25 rel. to 1923-25.. rel. to 1923-25.. _.rel. to 1923-25 rel. to 1923- 25_. Decem- Novem- October ber ber 162.6 105. 7 203.6 45.1 55.2 ! 48.2 2 142. 3 137. 7 i 2 108. 7 M13.3 2 166. 7 » 155. 3 2 46.0 47.8 48. i 134. 2 117.1 146.5 51.9 56.0 2 134. 2 2 118. 3 2 145. 7 256.6 52.9 2 139. 3 2118.6 2 2154. 2 57.4 60.4 2 144. 0 2119.5 161.7 260.5 58.2 150.7 119.5 173.2 J 61.8 49.8 153.3 2119.8 177.4 261.0 51.2 1*6.3 119.5 182.8 61.8 48.7 163.7 120.1 194.5 61.8 48.7 161.8 118.6 192 6 58.7 56. 6 157.2 118.4 184.8 58.6 85.9 78.6 81.5 89.3 82.0 95.8 85.9 79.9 81.0 89.1 82.6 95.5 86.9 80.7 82.8 89. 1 83.5 95.9 88.2 82.0 84.9 90.6 84.1 96.8 89.1 83.2 86.5 92.5 84.6 96.8 89.6 84.4 86.9 92.7 85.3 96.9 91.1 84.6 90.9 92.9 85.9 97.2 92.6 86.6 93.9 92.9 86.7 97.4 93.9 87.7 96.8 92.9 87.5 97.6 94.8 88.8 98.8 92.7 88.0 97.8 COST OF LIVING All groups Clothing Food Fuel and light Housing _.. Sundries rel. to 1923 rel. to 1923 . rel. to 1923 - rel. to 1923 re!, to 1923. . _ rel. to 1923 84.9 75.4 81.5 90.5 80.3 94.6 85.6 78.5 81.7 90.1 80.7 95.4 85.9 78.6 81.9 89.6 81.5 95.5 1 PRICE INDEXES Department of Labor Indexes: All commodities (550) ... rel. to 1926 Farm products _ _ rel. to 1926. . Food (121) _ rel. to 1926 Finished products (380). rel. to 1926.. Industrial group commoditiesBuilding materials (57)... rel. to 1926.. Chemicals and drugs (78) .rel. to 1926.. Fuel and lighting (23) rel. to 1926. . Hides and leather products (40) ... rel. to 1920.. House furnishing goods (37) rel. to 1926 Metal and metal products rel. to 1926.. Textile products (75) rel. to I92fi_. Miscellaneous (25) rel. to 1926.. All except farm and food products (384) rel. to 1926_. Raw materials (103) rel. to 1826 Semimanufactured articles (62) re^ to 1926 Bradstreet's Index rel. to 1926 Dun's Index . rel. to 1926. _ 68.4 58.8 72.6 73.7 69.1 60.5 72.9 74.0 70.2 63.5 73.7 74.6 70-0 64.9 73.1 74.0 | 70.0 65.4 72.4 74.0 71.3 67.1 72.9 75.1 73.3 70.1 75.6 77.1 74.5 70.6 76.7 78.4 75.5 70.1 77.1 79.3 77,0 73. 5 80.1 80.5 78.4 75. 2 81.8 81.9 80.4 ' 79.3 85.7 1 83.7 82.6 82.6 88. 6 85.6 74.3 74.1 63.4 74.9 74.8 63.3 75.4 75.5 62.3 75.8 I 77.3 58.2 i 77,5 77.9 58.1 78.4 79.1 60.9 80.9 80.1 61.6 81.9 81.9 64.5 81.8 82.2 69.6 82.9 i 83.6 i 69.8 ! 84.4 84.8 70.5 85.6 I 85. 2 71.8 85.8 86.0 75.1 82.2 84.8 88.5 89.2 87.8 87.3 87.3 87.4 86.6 88.6 1 91.2 94.0 96.5 83.2 86. 5 61.5 59.0 84.7 87.2 62.9 58.4 87.5 87.1 64.2 58.5 88.0 87.5 65.4 61.0 88.6 87.4 65.4 61.8 89.2 87.8 66.3 62.8 90.8 88.7 67.6 63.9 90.8 89.0 68.2 64.7 80.8 88.9 70.4 63.9 91.1 89.3 i 71.0 I 64.7 1 91.3 90 0 72.4 66.9 95.2 90. 2 73.3 67. 8 95. 3 90.4 73.8 68. 8 71.4 61.5 72.0 62.7 72.3 64.1 71.8 64.3 71.9 64.7 73.2 66.5 74.2 68.3 7.5.6 C9 4 77.1 70.6 77.8 72.9 79.0 74.2 80.1 76.8 81.5 80.0 64.7 62.6 74.4 66.3 64.2 72.3 68.3 65. 7 75.1 69.5 68.0 i 77.2 i 68. 6 67. 9 77.7 68.9 66.9 77.3 71.1 6fi.O 79.2 72.2 71.4 80.9 72.3 71.0 81.4 73.4 72.0 i 82.7 i 74.3 73. 6 84,7 75. 6 7fl. 1 86.4 75. 5 77.8 87. 6 1 1 i i WHOLESALE PRICES Acetate of lime dolls, per cwt Aluminum No. I, Virgin 98-99, New York _ _._dolls. per lb._ Aluminum, scrap cast, New York-dolls, per lh._ Barley, No. 2, Minneapolis dolls, per bu.. Brass sheets mill dolls per Ib Brick, common, red, New York _ dolls, per thous . Butter, common, New York dolls, per lb._ Cement, Portland (composite) ..dolls, per lb.. Cheese, American whole milk, New York dolls, per Ib ., Chemicals rel to 1927 Coffee, Rio, No. 7, Brazil grades.dolls. per lb-J Copper ingots, electrolytic dolls, per Ib 1 Coal: | ! Anthracite— Retail, composite-dolls, per short ton-Wholesale, composite _ _. .dolls, per short ton _! Bituminous — Mine average (spot) dolls per shot ton Prepared sizes (composite) ...dolls, per net ton.Rotail, composite, dolls, per short ton-.! Wholesale, composite i dolls per short ton i Coke, furnace, Connellsville . _. dolls, per short ton Cocoa, spot, Accra, New York._dolls. perlb..! Corn: No. 3, yellow, Chicago dolls, per b u _ _ j No. 3, Kansas City dolls, per bu._ No. 3, white, Chicaeo -.dolls, per bu Cotton: To producer dolls perlb In New York, middling dolls. perlh.J Cottonseed oil, refined, yellow, : prime, New York.. _ dolls, perlb Cotton goods: Print cloth 64 x 60 ..dolls, per yd._ Sheeting, brown.. dolls, per yd Cotton goods (Fairchild) rel. to 1911-1913 Cotton yarns: 22/1 cones, Boston dolls, per lb._ 40/15 southern spinning dolls, per lb.. Drugs and Pharmaceuticals ! -rel. to Aug., 1914..; Drills, crude. _ . rel. to Aug., 1914 i Essential oils rel. to Aug., 1914..: Flaxseed, No. 1, Minneapolis. dolls, per bu._ Flour, see under wheat flour. Food, wholesale, see under individual items. ! Food, retail (Dept. of Labor) rel. to 1913. .! Hides: i Green salted, packers' heavy native steers . .dolls, per lb..i Calfskins, country, No. 1 dolls, perlb._' 2 Rev'sed. 2.00 2.00 2.00 2.00 ?.oo 2.00 2. 00 2.00 2.00 2.00 ! 2.00 2. 00 2.42 . 2290 .0393 .50 .130 . 2290 .0400 .50 .152 . 2290 . 0400 .45 .154 .2290 .0424 .42 .157 . 2290 . 0438 .39 .158 .2290 .0438 .45 .165 .2290 .0488 .48 .172 . 2290 .0488 .44 .174 . 2290 .0517 .44 .171 . 2290 .0525 i .44 i .173 : . 2290 . 0601 .47 .178 . 2290 . 0738 .48 .176 .2290 . 0769 .52 . 169 10.00 .34 1. 318 10.00 .33 1.331 10.00 . 28 1. 331 10. 00 .25 1.331 10.00 .23 1.3G4 10.25 .24 1.399 10.25 .26 1.422 10.00 .29 1.477 10.00 .28 1. 543 10.00 .29 1. 578 9.50 .32 1. 580 9.50 .36 1.588 9. 50 .40 1.600 .16 86 .058 .0678 .17 86 .056 .0699 .16 86 . 056 . 0729 .15 88 .063 .0770 .14 88 .068 .0803 .14 89 .061 .0867 .15 90 . 053 .0939 .16 90 .056 .0985 .16 89 .064 .0972 .17 90 .068 .0984 .18 93 .070 .1030 .19 94 .079 .1011 .19 94 .089 . 0960 14. 97 14. 93 14. 73 14. 59 14.31 14.19 14.39 14. 85 14. 85 14.88 14.89 14.90 14.87 13. 083 13. 083 12. 796 12. 614 12.413 12. 270 12. 202 12.608 12. 732 12. 732 12, 751 12. 751 12. 702 1.62 1.58 1. 58 1.56 \ 1.CO 1.64 1.69 1.77 1.77 1. 77 1.78 1.81 3. 954 8.22 3. 954 8.17 3.907 8.11 3. 856 8.09 3.816 8.00 i 3.838 8.04 3. 845 8.46 3.999 8.71 3. 703 3.705 3.704 3.706 3.692 I 3.723 3.760 3.791 2. 45 . 0475 2.45 . 0463 2.45 . 0525 2.45 .0581 2.45 1 .0563 2.48 .0494 2.50 . 0535 2.50 .0550 .38 .40 .39 .42 .46 .44 .46 .45 .49 .57 .53 .58 .58 .52 .59 | .56 .52 .56 58 !53 .58 .053 . 064 .059 .065 .003 .072 .085 .093 .077 .090 .088 i .093 .045 4.223 8.83 4.270 8.87 4.317 8.94 4. 336 8.94 4. 342 8.88 3. 814 3.829 3. 898 3. 900 3. 893 : ; 2.53 . 0503 2.55 i .0619 | 2.55 1 .0675 | 2. 58 . 0688 2.60 . 0675 .61 .54 .63 .65 .59 i .68 .69 .66 .73 .71 .69 .76 .82 .82 .88 .093 .102 .60 I .54 ! .60 j .096 ! .109 1 .091 .110 .086 j .102 .087 .101 .096 .110 .092 .107 .044 . 059 .069 .068 .069 .076 .076 .073 .073 .072 .076 .076 .038 .040 .041 .050 95 .043 . 052 100 .049 .056 111 .048 i .054 112 .050 i .058 115 . 053 . 059 119 .055 .059 121 .053 .065 119 .052 ! .062 120 .053 . 065 122 .057 .066 124 . 055 .066 124 .189 .315 .201 .326 .212 .336 .225 .352 .215 .352 ! .223 .353 .231 .369 .240 .382 ! .239 .390 .248 .390 .247 .390 . 254 .405 .235 .413 157 118 65 1.32 157 118 70 1.37 157 118 76 1.41 157 118 77 1.64 157 128 77 1.48 157 130 79 1.55 160 131 82 1.57 174 130 81 1.58 ! 175 131 80 1.56 175 133 ! 81 1.57 1 175 137 ! 85 1.61 175 137 87 1. 65 176 137 90 1.80 119.1 119.4 119,, 7 119.0 118.3 121.0 127.0 132.8 i 137.2 141.4 144.4 .107 .144 .118 ,15f> .133 .172 124.0 126.4 1 .077 .083 j .090 .098 .113 .129 .120 .139 .100 .129 .085 .129 .092 .135 .090 ! .128 I .073 .117 .095 .125 24 SURVEY OF CURRENT BUSINESS December, 1931 MONTHLY BUSINESS STATISTICS—Continued Earlier data for items shown here majf 1 be found in the 1931 Annual Supplement to the Survey October Septeinber \ August 1931 July June 1930 May April F March Decem- Novem- October ber ber u |^ - January WHOLESALE PRICES— Continued Hosiery _ _ . _ rel. to 1926.. 48.6 48.6 Iron and steel, metals and metal products .rel. to 1926-. 86.5 87.2 Iron, raw: Basic (valley furnace). dolls, per long ton.. 15. 25 15.50 Composite pig iron dolls, per long ton__: 16.23 16.32 Foundry No. 2, 18.39 northern dolls per long ton 18.76 ; Lard, prime contract, New York dolls, per lb._ .080 .075 Lead, pig, desilverized, New York... dolls, per Ib.-i . 0396 .0140 Leather, composite, wholesale i 80.7 price rel. to 1926 J 83.4 Leather, sole and belting, oak, ! .35 and scoured backs _dolls. per lb_. .39 Leather, upper, composite, chrome, .330 calf black, "B" grade dolls, per sq. ft-_ .337 Leather, hides (see under hides) . Leather, shoes (see under shoes). .073 Linseed oil, New York dolls. perlb.. .076 j Lumber: 64. 5 Composite, wholesale price rel. to 1926.. 65.5 Douglas fir, No. 1, 11.21 common dolls, per M ft. b. m._ 11.27 Douglas fir, flooring, 1 x 4, "B" and better (V. Q. Washington) dolls, per M ft. b. in.. 25. 63 25.48 Southern yellow pine dolls, per M ft. b. in-_ 26. 49 27. 21 Meats: Beef, fresh, carcass, good .148 .156 native steers, Chicago...., dolls, per lb._ Beef, fresh, carcass, steers, .165 ; .173 New York. dolls, per lb__ 8.656 1 Cattle, corn-fed. Chicago-dolls, per 100 lbs__ 9. 250 5.71 i 5.41 Hogs, heavy, Chicago-dolls, por 100 lbs_. 1.63 1.63 Sheep, ewes, Chicago .dolls, per cwt__ 5. 70 Sheep, Iambs, Chicago. dolls, per lb_. Pork, hams, smoked, Chicago .182 dolls, per lb_. . 186 Western dressed steers, New York dolls, per Ib... .173 .165 Methanol: .35 .35 i Refined - dolls, per gal.. 4. 75 4.75 ! Milk, condensed, New York.. dolls, per case.. 3.00 Milk evaporated dolls, per case. _ 3.00 53.7 56.8 j Nonferrous metals rel. to 1926.. Oats: .22 .23 No. 3, white, Chicago. dolls, per bu.. 51 47 Oils and fats rel. to 1927.. Oleomargarine, standard, uncolored, .119 . 127 Chicago _ dolls, per lb._ Paper, newsprint roll, delivered, New York dolls per 100 Ibs Petroleum: .560 .560 Crude, Kansas-Oklahoma-dolls, per bbl._ Gas and fuel oils, Oklahoma 24-26, .319 , .338 refineries _ -dolls, per bbl._ .143 . 143 Gasoline, New York _ __ dolls, per gaL. .039 .039 Kerosene, 150° water white-dolls, per gaL. Lubricating oil, cylinder — dolls, per galPig iron, foundry No. 2, 18.76 18. 39 Pittsburgh _ dolls, per long ton. _ .601 .462 Potatoes dolls, per bu._ Rayon, 150 denier "A" grade, .75 New York dolls, per lb_. 3.87 Rosin, guiu, New York dols. per bbl._ ""Tso" Rubber, crude, smoked sheets, .050 .050 New York _ .dolls, per lb._ .39 .41 Rye, No. 2, Minneapolis dolls, perbu.. 1.63 1.63 Sheep ewos Chicago dolls per 100 Ibs 5.94 Sheop, lambs. Ohicngo. ...... doll, per 100 lbs_. 5.70 Shoos, men's black calf blucher, 6.75 6.55 Boston dolls, per pair.. Shoes, men's dress welt, tan calf, 4.35 4.35 oxford, St. Louis - dolls, per pair.. Shoes, women's black kid, 3.150 McKay sewed dolls, per pair.. 3,150 Silk, raw, Japanese, 13-15, New 2.315 York.. .dolls, per lb.. 2.266 .98 Silk goods, composite .dolls, per yd.. 1.60 1.60" Steel beams, mill, Pittsburgh-dolls, per cwt.. Steel, crude: Composite, finished steel 2.20 2.18 .dolls, per 100 lbs._ Iron and steel, composite 31. 03 _dolls. per long ton.. 30.81 29. 00 Steel billets, Bessemer. dolls, per long ton.. 29.00 8. 200 Steel scrap, Chicago. .dolls, per gross ton.. 8.000 1.60 Structural steel beams.dolls. per 100 lbs__ 1.60 81. 7 81.7 Structural steel beams ...rel. to 1926.. 15. 50 Sulphuric acid ..dolls, per ton.. 15.50 Sugar: 104 102 Retail average, 51 cities.. rel. to 1913.. .052 .052 : Retail granulated, New York. dolls, per lb._ Wholesale, 96° centrif., New .034 .034 ' York dolls, per lb._ Wholesale, granulated, New .045 .045 i York dolls, per lb._ .225 .225 Tea, Formosa fine, New York. .dolls, per lb._ 62. 9 61.5 ; Textiles, general rel. to 1926.. Tin, wholesale, straits, New York dolls, perlb.. .2272 i . 2468 5.94 ; 48.6 48.6 48.6 50.8 50.8 51.9 51.9 51.9 58.3 58.3 60.5 87.1 87.5 87.4 87.8 88.7 89.0 i 88.9 89.3 90.0 90.2 90.4 15. 50 , 16.38 i 15.50 16.38 15.50 16.40 16.25 16.64 16.50 16. 75 16. 50 ! 16. 72 | 16.75 16.82 17.00 16.94 17.00 17. 01 17.00 17.14 17.00 17.30 18. 76 i 18.76 18.76 18.76 18.76 18.26 1 18.51 18.76 18.78 18. 76 18.89 .075 ; .082 .083 .082 .090 .094 .085 .090 .100 .112 .119 .0440 .0392 .0382 .0441 .0453 . 0455 .0480 .0510 . 0510 .0515 90.3 ; 89.8 87.8 83.1 88.4 88.4 i 89.0 90.8 91.5 93.3 96.7 .40 .37 .37 .37 .37 .37 .37 .38 .40 .41 .41 .34S .350 .352 .356 .356 .352 .354 .359 .355 .367 .372 .083 .091 .086 .088 .092 .095 .092 .088 .092 .094 .099 66.0 66.3 67. 8 68.4 73.3 74.2 73.2 76.0 78.1 80.1 80.2 10.97 10.64 11.25 11.64 12.12 12.68 12.86 12.82 12.99 13.25 12.98 25. 29 25.76 25. 98 28. 33 29.74 31. 14 31.65 31.33 31.73 33.40 33.77 27.68 27.82 28.15 28.82 28.32 29.66 28.42 30.73 32.51 33.44 34. 01 .144 .129 .129 .143 .160 .195 .195 .195 .158 8.620 6. 35 1.98 5.95 .145 7.250 6.24 2.56 6.06 .145 7.320 6.39 1.55 6.98 .155 7.675 6.40 2.44 8.36 .172 8.563 7.08 3.29 8.76 .180 9.075 7.18 3.79 8.27 .205 10.58 7.94 2.93 7.40 .205 10.31 8.86 3.38 7.13 .205 9.97 9.86 3.84 7.03 .185 .173 .174 .182 .184 .0440 .169 1 .178 ! .196 9.106 6.73 3.69 8.31 .205 10.00 7.34 3.44 7.98 .187 .195 .207 .213 ,222 .221 .195 ; j i ! ! | .158 .145 .145 .155 .172 .180 .196 .205 .205 .205 .205 .35 5.00 3.00 58.0 ,35 5.65 3.10 59.4 .35 5.65 3.20 58.9 .35 5.65 3.30 60.6 .35 5.65 3.50 65.1 .40 5.65 3.50 67.1 .40 5.79 3.50 66.1 .40 6.03 3.75 I 67.4 | .40 6.03 3.80 69.7 .40 6.03 3.80 68.4 .40 6.03 3.80 67.8 .21 82 .23 68 .27 64 .28 68 .30 72 .31 71 .32 68 .32 | 71 | .34 73 .33 73 .36 74 .105 .106 .110 .128 .145 .145 .155 .177 i .190 .205 .205 3.10 3.10 3.10 3.10 3.25 3.25 .434 .238 .300 .530 .530 .594 .850 .850 | .850 .850 1. 098 .280 .133 .038 .294 .133 .038 .385 .133 .042 .463 .133 .045 .488 .133 .048 .145 .510 .133 .051 .145 .588 .138 .053 .146 .600 .135 .054 i .165 .610 .141 .054 .172 .650 .141 .053 .184 .594 .143 .054 .186 18-76 .767 18. 76 .825 18.76 .753 18.76 .870 18.76 .908 18.26 .849 18.51 .867 18.76 1 .903 i 18.76 .898 18.76 .950 18. 89 1.017 .75 3. 94 . 75 4.28 .75 4.68 .75 4.70 .75 4.73 .75 4.64 .75 4.38 .75 ! 4.45 i .95 4.95 .95 5.29 .95 5.54 .054 .38 1.98 5.95 .063 .37 2. 56 6. 06 .063 .37 1. 55 6. 9S .064 .35 2.44 8.36 .064 . 35 3.29 8.76 .077 .36 3.79 8.27 .076 .37 3.69 8.31 .082 ! .38 3.44 7.98 .089 .44 2.93 7. 40 .089 .43 3.38 7.13 ! . 084 .49 3.84 7.03 6.75 6.75 6.75 6.75 6.75 6, 75 6.75 6.75 6.75 6.75 6.75 4.49 4.60 4.60 4.60 4.72 4.85 4.85 3.250 3.250 3.250 3.450 3. 550 3.550 2.561 .99 1.65 2.709 1.00 1.65 2.807 1.02 1.63 2.709 1.02 ! 1.60 i 2.463 1.02 1.60 2.512 1. 02 1.60 4.35 4.35 3.150 3.150 3.250 3.250 3. 250 2.512 .98 1.60 2.364 .98 1.65 2.463 .99 1.65 2.266 .99 1.65 2.266 .99 1.65 4.60 4.60 2.22 2.19 2.20 2.19 2.21 2.22 2.23 2.22 2.22 31.05 29.00 8.375 1.60 81.7 15.50 31.05 29.00 8.750 1.65 84.3 15.50 31.02 29.00 8.750 1.65 84.3 15.50 31.39 ' 29.50 ' 8.875 i 1.65 84.3 15.50 31. 61 30.00 9. 813 1.65 84.3 15.50 31.66 30.00 10.000 1.65 84.3 15.50 31.65 30.00 10. 063 1.65 84.3 15.50 31.70 30.00 10. 219 1.63 83.0 15.50 104 .053 102 ,051 102 ! .050 102 .050 104 .050 106 .051 107 .053 107 .053 107 i .053 107 .053 i 106 .053 .035 .035 .033 .032 .033 .033 .033 .034 .033 .034 .033 .046 .225 64.2 .048 .225 65.4 .044 i .225 65.4 .043 .225 66.3 .044 .225 67.6 .043 .225 69.2 .045 .225 70.4 .046 .225 71.0 .046 .225 72.4 ! .047 ! .225 73.3 .044 .223 73. 8 .2575 .2502 .2320 .2512 .2707 .2631 .2610 .2589 ! . 2686 .2341 2.19 ! 2.20 j I 31.95 i ! 31. 00 | 10. 125 : 1.60 1 81.7 | 15. 50 31.76 30.60 10. 000 1.60 81.7 15.50 .2527 32.31 31. 00 11.375 1.60 81.7 15. 50 25 SURVEY OF CURRENT BUSINESS December, 1931 MONTHLY BUSINESS STATISTICS—Continued 193 1 Earlier data for items shown here may be found in the 1931 Annual Supplement to the Survey October i Seb£m1 Au8Ust WHOLESALE PRICES-Continued Turpentine gum, New York ..dolls, per gal,. Wheat: No. 1, northern spring, Minneapolis dolls, per bu.. No. 2, red winter, St. Louis dolls, perbu.. No. 2, hard winter, Kansas City -. dolls, per bu— W heat flour: Standard patents, Minneapolis dolls, per bbl— Winter straights, Kansas City dolls, per bbl.. Wool: Raw, territory, fine, scoured.dolls. per lb.. Raw, Ohio arid Pennsylvania, fleeces, l/i blood, combing grease dolls, per lb._ Suiting, 13 oz dolls, per yd— W omen's dress goods, French serge, 54-in., at factory dolls, per yd__ Worsted yarns _ dolls. perlb__ Zinc, prime western dolls, per lb— FAEM PRICES Cotton and cottonseed (2) rel. to 1900-14.. Dairy and poultry products (4).rel. to 1909-14.. Fruits and vegetables (9) rel. to 1909-14 Grains (6) .-..rel. to 1909-14.. Meat animals (5) rei. to 1909-14 Unclassified (5) . .rel. to 1909-14 All groups (31) .rel. to 1909-14— RETAIL PRICES Retail food index (Dept. of Labor) .rel. to 1«J13. . Retail coal index (Dept. of Labor) .rel. to 1913.. AIRPLANES Deliveries, military . num/u'i Exports, during month ...number Production: Commercial aircraft'-.. . number Manufactured for export. ........ number AUTOMOBILES Production index (Fed. Res. Bd.) - - rel. to 1923-25 Production index (elect, energy consumed) rel. to 1923-25 Passenger cars and trucks: Production, actualCanada— Total „ „ , _ , „ , -., , no. of cars Passenger cars ...... .no. of cars. , Trucks ,,.._- _ . no , of cars. , United StatesTotal _.... ,...no. of cars,. Passenger cars.. no. of cars.. Taxicabs -.no. of cars.. Trucks no. of cars.. Electric industrial trucks and tractors: ShipmentsDomestic number.. Exports number Autos, parts and accessories, export value tbous of dolls Exports (assembled): i From Canada— ! Total... no. of cars..! Passenger cars no. of cars.. Trucks no. of cars.. From United StatesTotal no. of cars.. Passenger cars no. of cars.. Trucks no. of cars.. Financing: i United StatesWholesale dealers..... thous. of dolls.. Total consumers ..thous. of dolls.. New cars thous. of dolls Used cars thous. of dolls. _ Unclassified thous. of dolls..! Canada— ! Total new and used cars and trucks thous. of dollsNew cars and trucks.. thous. of dolls.. Used cars thous. of dolls.. New passenger-car, registrations _ _no. of cars.. Sales (General Motors Corp.): Total to consumers, U. S_. no. of cars.. Total to dealers, U. S no. of carsTotal to dealers, including Canadian and overseas no. of cars.. Fire-extinguishing equipment: ShipmentsMotor vehicles ..numberHand types . number Accessories and parts, shipments: Accessories rel. to Jan., 1925.. Original equipment .rel. to Jan., 1925.. Replacement parts rel. to Jan., 1925.. Service parts.. — ... ._~_.rel. to Jan., 1925 _ Rim production...-,. ..-— thous. of rims.. . 3 Ke vised. RCH9^ 21 _4 0, 30 | 0.37 July 0,36 0. 39 June 0. 55 1930 May April March February 0,54 0.56 0. 53 0. 45 ! Novem- October January Deeeinber ber 0. 44 0.42 0.43 0 . 11 .77 .75 . 82 . 83 . 83 .87 .72 ! .69 .65 .61 .74 .81 .79 .76 .75 .76 , .52 .47 .47 .48 .72 . 79 . 80 .78 .79 .78 .48 .43 .43 .44 .68 . 73 . 73 .70 .69 .69 .71 .69 .74 4.28 4.24 ! 4.21 4.13 4.75 4. 85 4. 71 4.67 4.85 4.96 4. 89 4. 69 4.98 3.10 2.96 ; 2.96 3 84 4.12 4. 14 4. 02 4.00 4.06 4.09 4. 03 4. 14 4.23 .58 .62 : .63 .62 .62 .63 .65 ,66 .66 .68 .72 .72 .75 .21 1.400 .22 ! 1.400 .23 1.490 .21 1. 494 .20 1.494 .20 1.494 .22 1.494 .22 1. 543 .23 1.601 .26 1.601 . 27 1.601 . 29 1.601 .30 1.601 . 925 . !)50 . 0338 .925 ,950 , .0374 .925 1.00 .0382 .925 1.00 . 0389 .925 1.00 . 0342 . 925 1.00 ,0331 . 968 1.00 .0372 1.050 LOO . 0400 1. 050 1.10 . 0401 1.050 1.10 . 0 404 1.050 1.17 . 0-110 1.050 1.20 . 0427 1. 003 1.20 . 0400 *-> 99 70 4(5 79 53 fiS 47 93 83 ! 50 86 55 72 : 53 89 97 54 92 60 75 71 84 110 57 92 58 79 65 85 114 67 91 59 80 74 S7 119 74 99 r>2 86 78 96 120 74 106 63 01 80 99 109 74 106 65 91 76 95 109 10ft f;7 90 72 108 108 77 112 09 94 73 120 108 80 112 70 97 80 130 114 80 118 73 103 70 120 127 92 123 70 100 119.4 188.7 119.7 186.1 119.0 184.3 us. 3 12I.Q 179,4 124.0 181.8 126. 4 187.7 127.0 187.0 132.8 183. 1 137.2 188, 1 141.4 18S. 0 144.4 187. 9 11 IS M 15 21 58 U ; 03 8 9 12 2;.-; ;>8 82 9 89 11 150 18 2 12 15 .,-21 28S 1 j 207 7 ! i ( ,i 12 70 17 70 17 113 18 MO 52 60 65 77 I !9. 1 H9. 1 28 180.8 74 isr> 70 «> : 77 67 08 03 85 74 49 90. 8 94. 1 88.9 07. 5 71.5 74.9 80. 9 11.043 .\ iir. n, «sy r',993 10,483 ?,MO M, 871 7, 529 . , 342 6, 490 i, 552 1,94* 5, 622 l,22i ' i.397 ; 5, 407 3,527 1,880 4, 54 1 3. 200 1 , 3&> 5 1/ \'& 271 135 340 4,% hSn 330,939 280,252 005 uO, (122 Ii7h, iOo 230, 8b 1 410 45, 161 219,940 179, 890 529 39, 521 171,848 137, 805 512 33, 531 155,701 i 130,754 120,833 i 100,532 1,425 609 33,443 35,613 154,401 113,220 582 40, 593 57. -i 53.7 43.6 55.9 71.3 89. 7 I, tin /oi f./'i 2, 646 'J, 108 •S3S 4, 544 :'., 470 1,118 4,220 3, 151 i , 00< » 0, 835 h. 583 u /«*-> 10 f&\ / ij ; HO, 566 i 137, J 97 109,087 155,321 141 i 104 31,338 31,772 JI»,490 183, 993 180 34, 317 UuO, 040 210,016 360 40, 264 HO, 142 57, 704 05 i 21, 727 ; lf> 1 39 4 37 13 63 15 50 25 fi9 0 48 23 S4 9 50 6 33 5 42 9 j 37 9 91 3 8, 492 8,658 10, (»51 11,525 12. 755 M, 17-1 18,004 18, 494 10,071. 14, 353 15,292 ! 14,080 14,542 690 557 133 740 542 198 934 644 290 1, 021 789 232 1,512 1. 083 429 1,172 753 409 1, 853 1,327 526 1, 565 881 084 3, 054 1,798 1, 256 3,645 l 2, 193 1, 452 I 2,588 1, 260 1, 328 2, 80S 2, 003 805 8, 748 4,577 4,171 8, 055 5,699 2,356 9,996 6,478 3,518 10, 183 5,843 4,340 12,900 •, 16,727 8, 468 11, 228 4, 498 5, 499 17, 528 11, 526 6,002 13, 374 9,187 4,187 12, 838 8,304 4,534 12, 078 6,039 6, 039 11.21") 7, 130 4, 079 43,947 79, 641 46,871 30,493 2,277 48, 859 95, 953 59, 307 34, 136 2,509 58, 178 104, 698 63, 566 37, 999 3,133 72, 630 109, 426 68, 571 37, 793 3,062 71, 194 1.13, 045 70, 561 39, 564 2,920 63, 090 92, 055 55, 036 34, 704 2,315 49, 813 66, 181 36, 865 27, 722 1,593 40, 165 61, 734 32,957 27,245 1,532 14, 198 ! 9,096 i 5, 102 j 35,550 ! 65,967 1 35,342! 28,838 i 1,787 i 29,633 60,197 31,805 26,842 1,550 35, 878 81, 250 45, 032 33, 755 1, 869 2,903 1,417 1,485 4,196 2,102 2,094 4,918 2,445 2,474 6,317 3,440 2,877 6,254 3,376 2,878 3,543 1,890 1, 653 2, 361 921 1,440 2,197 910 1,287 2,954 i 613 I 2,341 i 3,038 817 2,221 3, 792 1,289 2,504 124,903J 155.744 194, 322 201, 911 247,727 \ 265,732 200, 841 134, 133 126, 786 96,054 ! 93,066 150, 219 7,707 3. 207 •i, 500 25. 780 235,841 60, 736 2 68, 285 33, 212 238,610 25, 903 227,581 f J.621 2,094 I i . i | 41,757 48,155 57, 757 22, 924 49, 042 21, 305 51,740 ! 69,876 47,895 | 62,667 85, 054 78, 723 103, 303 100, 270 122,717 ! 135,663 136,778 132,629 101, 339 98, 943 68, 976 80, 373 61, 566 1 57,989 76, 681 | 68,252 25, 975 58,122 70,078 87, 449 111,668 153, 730 154, 252 119, 195 96, 003 89, 349 80,008 57,257 28, 253 80 24, 749 64 ! 81 28,720 ! 26,334 72 29,895 90 29, 696 75 31,117 72 32,538 76 34, 248 69 29,280 113 56 I 27, 713 ! 34,295 71 29,213 96 30, 303 61 129 128 117 1,508 66 127 127 118 1,718 65 117 110 115 1,425 63 62 127 HO 920 79 75 140 99 804 - 66 54 138 67 505 ! i ! ! 66 70 127 79 924 ; J 67 79 124 85 813 61 91 122 i 102 !1 1,085 53 95 99 i 97 ; 1, Oil 1 46 84 i 98 92 681 : 55 64 100 75 ; 567 i 26 SURVEY OF CURRENT BUSINESS December, 1931 MONTHLY BUSINESS STATISTICS—Continued Earlier data for items shown here may \ be found in the. Iif3t Annual Suppte- ! iQ i ment to the Survey \ October ; ^ 1031 August July June ; May April March 1930 Febru- January iDe^emary ber CHEMICALS AND ALLIED PRODUCTS! Production index (Fed. Res. Bd.) : petroleum re lining _ _ . „ _ rel. to 1923-25_. Production index (elect, energy ! consumed) .........rel. to 1923-25.. : Prices, wholesale ... „. „. rel. to 1926.. Stocks, manufactured goods, '• end of month rel. to 1923-25 Stocks, raw material, end of ! month rel, to 1923-25 162 161 163 161 152 149 144 144.6 i 137.6 137.7 74.8 ! 75.5 7 7 , 3 ' 2 1304 121. 0 i * 117. 4 119.2 i 2 ! ' 190 7 99 5 = 85 3 gfi 7 161 165 132.7 77.9 133.8 79.1 137.4 80.1 139.3 81.9 146.8 82.2 132.0 83.6 123. 3 129.3 i 129.0 132.0 130,7 87.9 88,4 91.5 96.5 103. 2 g40 4,654 20,389 2 00 1, 853 3, 856 24, 203 2,00 2,953 4, 674 26,206 2.00 4,400 5, 160 27,927 2.00 7,452 4,465 28, 687 2.00 1 036 3,072 1,407 4, 280 1,491 i 4,768 | 1,402 5,205 $97 2, 440 1, 024 2,201 1,044 2,012 | ; 149 151 160 133.5 84.8 145.0 122.4 85.2 86.0 128,8 , 123. 9 124. 2 125. 2 107,7 124.2 128.5 132.7 7,073 3,468 25, 701 2.00 8, 023 5,195 22, 095 2.00 7, 357 8, 375 19, 266 2.00 6, 535 9,128 20, 285 2.00 5, 871 7,922 22, 878 2.42 1,957 5,478 1, 494 5,862 2, 803 6,486 1, 483 5, 767 2,392 5, 937 2,694 5, 125 964 1,950 1,506 2,181 1,409 2,449 1,570 1 2,419 i 1, 439 2, 221 1, 508 2, 010 1, 265 1, 813 11,975 13, 120 ! 11, 162 11, 929 8,859 11,869 i 17, 770 20, 861 18, 455 14,888 14,711 1 13,074 11, 633 11,008 9,442 6,858 8, 304 8, 898 6,29(1 142.0. 74 1 Chemicals Acetate of lime: i Production... thous. of lbs._' : 782! 2 QQQ ! Shipments . . ... thous. of lbs.._ : Q 268 ! 4,777 Stocks, end of month.... thous. of Ibs..: : 10,791 ! -? 16,277 Price, wholesale .. .dolls, per cwr, ' 2 00 2 00 2 0" Arsenic, crude: i Production short tons 994 ;! *> 594 Stocks, end of month., short tons... 4,669 4.977 Arsenic refined: : Production . - . _ . short tons _ 1,252 1 238 ! Stocks, end of month short tons . . 3, 528 ' 2, 616 Ethvl alcohol: Production ._ thous. of proof gals.. 1 6 0 3 7 ' 12952 12,363 Warehouse stocks, end of month thous. of proof gals.. 15,130 15,885 ! 17,024, Withdrawn for denaturization ..thous, of proof gals.. 15, 5?>4 13. G76 11,837 Methanol, crude: ; Production ^llo^s j'»" y'F ^ i r < £<>•? Stocks at crude plants, end of month.... gallons.. ;^78,991 395,907 ' Stocks at refineries and in transit. gallons. _ . . . 106, 103 H 15, 400 Exnorts . . . ........_. gallons 42300 Menthanol, refined: Price, wholesale. New York. dolls, per gal _ . .;•:;.. . ;->5 .35 Production ' r^Hons; % GHJ 1 1\?> 311 Shipments trailons <;H 431 -13U 8" Stocks, end of mouth -gallons ., . '?.s^ <v.<U '* 330 8 1 1 Price index numbers: Crude drug?! , _rel, to Any., 1914 isx us 118 Essential oils rel. to Aug., 1914. . of, 70 76 Drugs arid £harmaceuticals__ rel. to Aug., 1914.. io7 157 157 emicals rel to 1927 % gp go Oils and fats . „ rel to 1927 47 51 62 Plastic paints, cold-water paints, and calcimines Sales: of— Plastic paints thous. of dolls 76 84 67 Calcinifnes _„ thous. of dolls 145 162 i" Cold-water paints .thous. of dolis.. 65' 8! ! 73Paint, varnish, and lacquer products: Total sales (3lf> establishments) thous ofdi.iis v <.'4* 2 i^ ,' ^{i < } j. •. jo Trade sales thous. of dolL - 4<,i . •> %o - s' vv Industrial sales . „.„_.. thous. of dolls. _ • ' 3fi< 5 633 * f ' rt>-* Unclassified sales thous of dolls...; s. 86' '*85 '• Sulphur, production (quarterly) .. „ . long tons .. .; • ; 2 539, 23 1 : Sulphuric acid: • , Production.. . . short tons 101; "™5^ 102 632 ! 110 599 ; Purchases— ' ; ' ! ' From fertilizer manufacturers --- -- . _ - - - . . short tons IS SO1' lc>- 988 13 412 From nonfertilizer manufacturers short topsj 14 "v5 '•' g fifji) I 15 qgy Exports _ pounds 18°' 84;* 155*018 ; 64*620 ; Price, wholesale 66° 0 ..dolls, per t.on.._ 15.500: 15,500 Ifl! fiOO ' Synthetic dyes import uouuds '*>"1 39^* 46^ 346 ' 454 165 Wood at chemical plants: * 1 Consumption ...... . _ . _ _ . .. cords 15 596 12 123 9 Stocks, end of month . cords 70 605 337 017 Daily capacity — All plants .....—cords i 2,505 2 505 Plants shut down «... ...cords 1,315 1 499 10,288 \ 10,541. 8, 7S5 20, 070 18, 537 154 473 182, 273 247,808 i 322,019 483, 222 465, 728 522, 656 ; 469,312 424, 736 372, 939 452,489 157,094 61,240 526, 543 98. 000 59, 950 494, 192 : 520, 865 130, 207 ; 36, 176 52,048 ! 54,857 415, 489 105, 238 30, 146 395, 855 121, 522 18, 295 302, 320 89. 740 45, 139 244, 763 93, 805 90, 111 215, 443 59, 197 40, 814 331, 729 59, 236 100, 479 .35 . 35 ^i r,96 107, 331 122 t*4«> 110,454 395, 3?2 426, 472 . 35 '• . 35 118,052 211,073 257, 707 ! 141, 801 429, 595 569, 250 .40 253, 494 199, 500 499, 978 .40 223, 144 221, 279 445, 984 .-JO 306, 373 lr-7, 309 444, 119 .40 382, 547 372, 352 305, 055 .40 431,179 477,029 294,860 .40 575,711 541,807 340,710 10,436 19, 134 118 77 128 130 79 131 82 130 81 131 80 133 81 137 85 137 87 137 90 157 88 0* 157 88 64 157 89 68 160 00 72 174 90 71 175 89 68 175 90 71 i ; 175 93 73 175 94 73 176 94 74 51 127 83 75 141 86 109 ! 165 I 106 ! 91 162 104 116 175 90 104 122 71 83 ; 96 60 65 100 64 77 105 45 106 169 si 15 \\~2 19, 126 8 802 12.011 6,235 7, 031 75 84 1 . _ . . 3_608, 730 22, 600 i 14, 430 8,071 100 ; 21, 689 13, 477 7,999 213 17, 972 10, 461 7,431 81 ^ 649, 595 14, 269 7. 844 6, 282 144 13, 586 7, 399 6,047 141 11, 600 6, 171 5, 289 140 3678,119 13, 821 7, 649 6,025 147 17, 986 10, 141 7,615 230 105,250 i 116,447 146.458 163, 647 184, 036 186,656 185,472 197,739 92 S95 90, 772 14 709 25, 176 26,565 I ! 15,424 18, 876 250, 775 15. 500 399, 213 14,601 15,844 403,298 ! 310,950 15,500 i 15.500 675,058 502,24.8 26, 189 200, 218 15. 500 218, 844 35, 594 376, 076 15. 500 452, 477 59, 244 1 51, 472 304, 745 438,836 15. 500 : 15. 500 181, 775 i 306,318 14 364 19, 363 326 990 338, 821 24,444 31,458 335,809 i 379,562 48, 607 370,449 44, 933 397,788 51, 390 393,770 2,499 388 2,499 400 2,499 368 2, 519 412 280, 837 111 401, 736 158 589, 911 219 669,264 578 23 006 372', 945 15.500 3^6 106 2,505 1 335 2,505 1,008 2,505 ' 752 ; 2,505 632 1 41,282 : 41,897 308,992 703,787 15.500 15.500 336,026 ' 324,902 46,814 42,888 37,913 448,067 1 478,962 : 455, 597 2,519 ; 560 1 2,519 659 Cottonseed Cottonseed: Consumption (crush) short tons.. 862,032 451,324 59,148 i 19,739 44, 164 87,014 ! 155,373 Receipts at mills.. .....thous. of short tons.1,570^ 875 95 i 13 32 37 | 44 Stocks at mills, end of month i ; , -thous. of short tons 1 193 484 60 i 26 33 45 I 95 Cottonseed cake and meal: ; Exports short tou« A') ^ l>1 ! 10 260 ; 3 590 • 1 304 225 797 I 6,588 Production ._„._.,..- Suort ton**-. 3^\ I'M 201,517 28^206 i 8,567 23, 144 13, 350 1 75, 921 Stocks, end of month,.... short tons.. 187, (>\i : 118,845 106,358 i 150,291 192, 136 223,084 253,609 Cottonseed oil, crude: Production thous. of His.. 2W. 03! 136,699 17,196 ! 6,918 14, 726 28,019 52,469 Stocks, end of month, ,.. .thcus of Ibs.. Ji5. y * i > : 69,745 12,065! 8,591 1-3,919 32,819 ; 43,048 Cottonseed oil, refined: Factory consumption — s Total fquartpriv) thous, of Ibs 232, 420 : '242 191 In oleomargarine (.nous oHb^ 1 480 1 '54 910 : 876 1, 012 1, 200 i 1, 447 Price, yellow, prime, New York 1 . ...dolls, per Ib._; .045' .044; .059; ,009 . 058 ,009 i .076 Production. . thous. of Ibs ... 206,643 ; 63,989 11,968 i le. 268 30. 398 36, 470 ! 76, 852 Stocks, end of month........ thous of Ibs..; 231,079 : 173,945 ^ 212,371 | 277,922 348. 438 406, 237 ' 462, 881 8, 081 : 3 Revised. 3 801, 800 i i 941, 293 803 i * 1, 328 1, 083 | 2 if 087 207 377 620 5,750 135, 144 303, 945 3,147 190, 314 363, 201 11, 084 270, 965 343, 665 7,538 ; 1, 580 i 4, 361 305, 019 360,943 j 2422.596 298, 139 ! 252, 323 | 2 202, 357 89, 794 69, 878 124, 392 104,910 181, 221 127, 739 201, 621 114,248 276,906 1, 021 1,465 .076 115, 302 494, 503 991 !» 328,614 | 2,178 239, 913 2 285, 471 114, 595 2 111, 632 : 2,091 j 2,505 .073 ! .076 .076 .072 .073 130, 556 150, 998 i 188,823 i 215,405 -'231.372 494, 882 461S 776 ! 428,609 ! 350, 260 2 254, 762 Quarter ended in month in dicated ; 27 SURVEY OF CURRENT BUSINESS December, 1931 MONTHLY BUSINESS STATISTICS—Contiflued Earlier data for items shown here may be found in the 1931 Annual Supplement to the Survey 1930 October Septem- August ; ber Jun, July CHEMICALS AND ALLIED PRODUCTS— Continued Chemicals— Continued Explosives Explosives, black powder, permissible and other high explosives: I 25,803 i 25.437 i 25,058 New orders tbotis of Ibs Production ..thous. of Ibs-. ......... \ 26, 598 i 24,548 i 25.068 i 27, 408 I 24, 867 ! 25, 150 Shipments thous of Ibs ; 17, 888 19,956 I 20,304 Stocks, end of month _thous. of IDS.. Fats and Oils Animal fats (quarterly): ! 3176, 221 I - - - - - - - - - ; - - Factory consumption.thous. oflbs.. !34Qj S37 Production tbous of Ibs »230 999 Stocks end of quarter thous of Ibs Animal glues: 3 20, 847 Production (quarterly). .....thous. oflbs.. * 01, 848 Stocks, end of quarter ...thous. of lbs_. Coconut or copra oil: Factory consumption — 3137,730 Crude (quarterly) thous of Ibs Refineds 78, 496 Total (quarter ly)._. thous. oflbs.. 9," 473~ 6. 169 In oleomargarine thous. oflbs.. ~~13,~859~ 10, 947 Imports ..thous. of Ibs.. 30, 784 29,455 18,228 : 34,845 Production (quarterly)-— s 61, 388 Crude thous of Ibs 2 68, 682 Refined thous. of lbs._ Stocks, end of quarter3201 036 Crude tho^s of Ibs Refined „ thous. of ibs__ ... 3 17,516 Copra: Factory consumption (quarterly) 3 49, 024 short tons 19,352 Imports short tons 20,207 18,012 19, 832 3 23 795 Stocks, end of quarter short tons Edible gelatin: Production (quarterly) thous of Ibs » 1, 625 " Stocks, end of quarter thous of Ibs a 6, 543 Fish oils: Factory consumption (quarterly) ; 3 52 497 .. thous of Ibs : Production (quar erly) thous of Ibs 3 29, 847 Stocks, end of quarter thous. oflbs.. ^247, 638 Greases: Factory consumption (quarterly) .thous. oflbs.. 3 51, 941 Production (quarterly) thous of Ibs « 90, 056 Stocks, end of quarter thous. of Ibs.. s 81, 072 Lard compounds: Production (quarterly) ._ thous. oflbs «276, 713 Stocks, end of quarter thous. of lbs._ 3 21, 718 Oleomargarine: Consumption ....thous. of lbs._ 23, 401 19, 499 16,483 ! 9.289 Production„___ thous. oflbs.. 23, 965 18, 836 16,075 11,271 Vegetable oils: Exports _ thous. oflbs... 1, 814 l , 0 2 5 j 1.008 455 Factory consumption (quarterly) .mills, of Ibs. 3489 Imports .....thous. of Ibs. , ~~59~22o"~ 50, 633 83.096 i 74,285 Production (quarterly) mills of Ib^ 3441 Stocks, end of quarterCrude thous. of Ibs.. 3591. 342 Refined.. thous. of Ibs.. 3209, 759 Fertilizer Consumption, Southern States thous, of short tons.. 94 40 \ 25 91 Imports: Total , lorn' ton*! 120, 822 146, 700 127,599 ; 97,358 Nitrogenous long tons.. 61.904 70, 022 47,935 : 24,730 Other fertilizerslong tons.. 5,516 4,763 i 902 4, 063 Phosphates long tons 3, 331 9, 85S ! 3, 7GS 6, 175 Potash . . long tons 50, 071 65,043 ; 67,058 66, 440 Exports: Total. _. ... , long tons 91 416 127, 953 115,207 !j 89,409 Nitrogenous long tons 7, 554 13, 452 7,682 7,078 Other fertilizers long tons.. 5. 550 3, 863 1,425 • 1,164 Phosphate material long tons.. 75, 114 115,621 105,717 ;! 80,670 Prepared fertilizer.. _ long tons 300 915 383 497 Nitrate of soda, imports.. thous. of long tons.. 49 34 35 19 Superphosphate (acid phosphate): 142 Production ...thous. of short tons 162 143 119 Shipments thous of short tons 58 | 63 Stocks, end of month thous. of short tons 1,237 1,275 \ 1,158 Flaxseed Flaxseed, imports... ....thous. of bu_. 2, 469 1,339 1,685 Linseed cake and meal: Exports... thoas. of Ibs... 49, 027 48,615 57,736 53.225 Shipments from Minneapolis thous. of Ibs.. 14,354 17, 385 13,972 11,414 Linseed oilFactory consumption (quarterly) thous. oflbs 3 70, 504 Price, New York dolls, per )b_. .073 . 076 .083 ; .091 3 Production (quarterly) -thous. oflbs.. 141,205 Shipments from Minneapolis thous. of Ibs, . 4,410 5,676 | 8,285 6,806 Stocks at factories (quarterly) 3 „.„„_ ..thous. of Ibs... 107, 508 $ Revised, -- j — — -.- ! Kr ~ °ctoher May | A,,H! , Mn,,, ' ^r»- ii l i j ! i : ; ' 26, 719 1 25, 981 j 26,6111 20,404 1 I 1 : i I 1 ; 28. 721 27, 647 j 28.0001 20,639 i 26, 730 1 25, 414 1 26, 598 j 20,9291 j 26, 441 i 26, 960 i 27,379! 21,115 ! ! 25, 448 ! 26,714 - 24,404 28. 751 ; 24,056 i 24,024 27,543 i 25,201 : 22,974 20,219 i 17, 372 I 17, 303 28, 847 30,248 30, 229 16, 346 34, 324 34,113 34, 198 16, 812 I M 06, Of 9 r,">9 M8 ! 3276 983 1s 154, 951 L I-H18 459 | s 224, 398 ' -_' 3 ..:...... : lN< u 3 f# 7^7 3 515, 794 •'3191,906 !. i 3 54' 991 ! . i. i „ _ '; 3^23,515 51 055 ! U39,12S i ......... 378.348 i _-• 7.105: 8,466 31,000 | 15,970 * 81 899 i . * fi? 351 8 206,123 2 ' ? : s 91,446 f-6 268 16 039 j i 3 71 229 i 18,927 i 25,890; • 3 27 Ifi7 ' » 63 434 ' , 17,179! 17,871: ' 17 491 I :' * 4 549 ; 3 8, 642 j J 4 415 - 8 G'i'<* !- • - : { _ . ' 3 s . ' 2, 154 '• : 3 o I 7 909 ' '886 176 • - . , , * 49, 494 s gg 338 s 77 791 s 291, 386 1 .... ......... a 3331, 412 ; 26, 672 ....!> 26, 081 !__._ 13, 180 : 15,460 17.150! 19.5731 19.751 12, 636 i 14, 912 j 19, 618 | 21, 154 | 20, 335 2, 356 33, 725 »4,434 » S, 224 . . 55 715 .........:... _ . 53, 34R L. ' 94 985 |! ! 95 948 > 83 074 i 79 012 • »588 — 75, 470 1j 72, 280 g 390 33, 886 | « 44, 620 i *a 42, 675 25, 364 11 ^87 i 3 ..!»215,405 i.. ....... .. ...... .; 197, 758 3 1, 775 43] 124 158, 846 21, 993 i 3 71, 134 34,056 i 37,419 J * 41, 077 33,133 ia 3 8 — • 20' 477 j : a 2 3278,216 ; 325,140 | i | 1 s1 90, 921 84, 204 ; i 3 201. 932 i... i l In 869 '......... 3 54 405 | * 4 647 i 262, 106 !— - ! 8 90. 307 14. 873 • 16. 491 24, 690 30, 952 1*75,479 !.... 11,329 12,086! 11.492 26,862: 27,550! 44,034 _ 3 :> 159, 546 '''138,255 |......... ; ~~. 52, 463 i • 2, 947 4, 775 I 2, 086 829 G8,8 238 j 79, 809 674 I : 31,076 3, 831 i 3 i'f>10 812 '53J,6fi6 ; ! 27, 237 ! 27, 593 25, 740 j 28, 969 ; 72, 142 ! 72, 028 i * I 007 ,„ 30, 631 29, 633 33, 138 32, 191 2, 294 2, 591 75, 352 106, 699 i 3 pjjs 27] 3 469, 807 . 343 74 61 a 106 59,970 j 72,159 143,250 , 255,905 ; 141,421. 137, 172 37,998 '• 46,602 '• 102,342 1 170,587 ;! 98,435* 82,466 6,764 3,983 I 3,019 , 5.124 ! 9,766 5,438 6,279 3. 339 ! 4. 832 j 5, 578 ! 15, 158 j 3, 726 41,663 14,650 17,706 j 30,206 ; 60,394 ! 33,822 ; 107, 19S ! 68,250 i 3,864 ; 9,760 25,324 95,798 66, 044 5, 891 4,157 19, 706 150,686 65, 889 3, 930 6,922 73, 945 74 195 89,194 7, 690 1,926 79,472 106 30 1, 060 1, 150 39, 7G9 7,653! ^95,544 ._ 086 ! '130,635 640 92,463 ! 71,933 13,331 i 5,164 5.117 1,510 73,520 64,721 495 538 46 36 92, 258 126, 621 11,914 16,535 4,599 3,110 74, 863 105, 353 882 1, 623 35 ! 27 195 ! 407 \ 226 ; 305 j 249 131 326 103 336 70 996 1, 103 : 1, 838 \ 2, 2S7 2, 292 2, 110 1, 496 827 i 1, 313 : 952 352 219 387 148 38, 172 ; 30, 818 i 39, 847 j 18, 238 10,853 33,596 25,986 12,519 11,046 17,227 16,824 17,315 i 29,726 . 088 368,894 . 092 8131,257 ,094 ! .099 8,553 7,385 162 : 106 8,432 12.145 17,827 . - .... i * 74. 09? L . 088 . 092 ! , 095 ! .. ___|»118,417 i 11,921 » 78, 200 ; . ..... 8 1, 352 ' | 107,918 ! 150,128 112,725 ! 104,049 i 6. 637 i 25, 146 ! 19, 819 ! 18, 336 i 9,498 i 10.829 ! 7,755 ! 4,734 ! 91,049 ! 113,017 !j S4. 682 1 80,696 i 734 ; 1, 136 469 ! 283 1 34 67 ! 120 i 68 146 : 55 | 6,788 1, 132 | 12,792 i 11,552 .... . 092 ... 9,594 _._._:»113, 192 L. ....... Quarter ended in month indicated. ,..,.3113,423 303 78 1,877 ! 10, 199 336 93 1,703 14, 792 28 SURVEY OF CURRENT BUSINESS December, 1931 MONTHLY BUSINESS STATISTICS—Continued Earlier data for items shown here may be found in the l9St Annual Supplement to the Survey 1931 e ;»<"^f ir- August , July June 1930 May i April | March i | Decem- NovemOctober ber ber ~ January CHEMICALS AND ALLIED PftODUCTS—Continued Flaxseed- - C ontiuuc < I Minneapolis and Duhith: Receipts Shipments Stocks, end of month... Oil mills (quarterly)— Consumption , _. Stocks, end of quarter Fries, No i, Minneapolis Production, crop estimate thous of hu thous, of bu._ thous of b u _ _ !'•'' ; »«•'-! , 1.422 > thous. of rm._ thous. of i>u.. d<Vl!<? r > <j r bu thous of bu • ! i 314 • Naval Stores Pine oil: Production gallons Stocks, end of month.. thous. of gals... Rosin, gum: Net receipts, Southern ports bl>Ss... Price, "B," New York dolls, per hbl_. Stocks at 3 ports, end of month _hbls . Rosin, wood: Production.bbls._ Stocks, end of month bbls_. Turpentine, gum: Net receipts, Southern ports. _ _hl.ls_ Pri^e New York dolK JKT ./yl Stocks at port, end of month bbls Turpentine, wood: Production bbls Stocks end of month bbls Hoofing Dry roofing felt: Production.. short tons .. Stocks, end of month,.. - . ..short tons Prepared roofing, shipments: Grit roll. . thous. of sqs._ Shingles— Individual and single thickness , , ...thous. of sqs_. Strip, patented, and hexagon ... ._ thous. of scis__ Smooth roll thous. of sq ••_. Total . thous. of sqs._ '"* TOO 786 1,381 i s 2 43(5 378 3bO 675 •IOC 747 3 7H9 501 790 450 424 784 309 i 314 973 : 498 185 1,205 426 286 i 1,293 i 491 243 877 | 1.56 i 1.57 709 517 1,380 1,424 1,910 1,411 2, 030 1,618 2, 182 » 7, 391 4, 472 1.61 « 21, 369 1.65 1.80 1,41 1.64 7, 205 1, 198 1.48 1.55 » 6, 571 i * 2, 345 1.57 ! 1.58 170 473 : 172 530 l.StJO : 1,81,'' 114,205 1.8'jli 210,711 2, 000 231,207 2,013 210,012 1, 958 219,053 ! 208,690 1,903 | 1,882 220,066 \ 144,440 1,839 | 1,769 229,737 1,799 229, 979 1, 708 225, 088 I. 610 • 01. 157 1 116.630 3. so ; 3.87 ;•;."• i' »it 15'), 5ss 129,018 3. 94 449, 173 356.810 4. 28 439, 241 165, 500 4.68 436, 480 120,819 4.70 351, 548 88,741 4. 73 310, 576 38,977 4. 64 266, 056 27, 322 I 41, 345 ! 117,489 4. 95 4.38 4.45 ! 300,695 329,626 ! 372,090 107. 414 5. 29 323, 142 5. 54 303, 669 2u, 102 25, 05-S 17,074 112,295 28, 495 131, 942 34, 747 126, 289 33, 593 124, 830 35, 585 126,534 33, 544 125,919 32,332 24,488 1 34,332 130,490 ! 125,630 ! 122,318 38. 931 119, 727 34,818 109.785 2H,995 7,611! 1 •*4,241 HU,,V,; j os, 350 8 127,621 3ii 37 120. ; » . . ! 115,178 37, 112 .30 114,421 53, 459 .39 122, 214 52, 345 .55 101,905 37, 026 .54 66, 248 26, 102 . 56 53, 393 9, 511 . 53 45, 232 5, 354 . 45 58, 202 7, 228 . 44 68, 320 27, 482 .42 84,911 28, 107 .43 95, 860 .'IS, 500 .41 S8, 49'J 3 M2'? V2M 3 707 1.M7 2, 007 5, 358 4, 370 5,307 5, 675 4, 535 5, 996 4,727 6, 344 8, 383 5, 740 9, 987 5, 634 13, >37 4, 757 14,437 6, 200 15, 799 0, 584 13, 895 5, XI 7 1 1 , 257 ir», lit; 18,35*) 4,831 17, 143 4, 761 1C, 747 4, 908 10. 795 4, 398 19, 998 4, 092 18,001 4, 360 16,643 5, 378 13,787 4, 677 13,045 4, 759 8, 106 3,731 8, 944 4, 036 21,470 4, 79<J 711 568 532 520 570 533 333 330 322 242 372 • A). ^ i ' » 5,021 , 574 !30 ]53 136 127 131 155 146 92 470 1,128 2,302 535 1,198 2,597 466 1, 067 2, 237 485 873 2,017 512 843 2,006 541 965 2,230 555 967 2,202 329 702 1,456 : 60 61 277 ! 714 1,381 249 773 ! 1,395 63 86 191 238 583 1,126 283 742 1,484 57'' i,r»75 FOODSTUFFS Production index: Food products (Fed. Res. 2 Bd.) rel. to 1923-25 DO ; 92 88 Food and kindred products (elect, energy consumed) _rel. to 1923-25. . 136.5 ! 142.0 146.4 Stocks, manufactured 97.4 foodstuffs rel. to 1923-25... 08. 3 i 2 8 1 . 4 Stocks, raw foodstuffs rel. to 1923-25 219. 8 ; 2 204. 1 2 213. 1 Candy Sales by manufacturers thous, of dolls., 24, 110 j 22,965 15, 558 Cocoa Shipments from Gold and Nigerian 4,355 7,250 6,663 Coasts, Africa long tons.. Imports long tons 8, 152 | 14, 104 13, 546 . 0525 Spot price, Accra, New York.... dolls, per lb— .0475 .0463 Coffee Clearances: Total, Brazil for United States _tnous. of bags.. Total, Brazil for world thous. or bags.. Imports thous. of bags.Price, Rio No. 7, Brazil grades. .dolls, per lb_. Receipts, total Brazil-...thous. of bags.. Visible supply: United States.. thous. of bags.. World thou*5. of bags 2 88 83 91 87 92 147.0 136.2 126.8 122.0! 116.8 122.0 97.0 189. 7 96.1 193. 7 93.5 202. 1 97.3 197.9 111.1 191. 7 2 106.3 178. 2 2 96 93 ; ( 89 94 118.3 i 107. 1 124.4 137. 2 95.5 194.8 89.1 205. 1 88.6 200.0 93. 7 196.9 .l! 12, 176 15, 512 15, 680 21,608 22,062 21,444 j 21,948 28, 727 29, 500 31.004 7,783 17, 746 .0581 11,870 14, 892 .0563 11,720 22,520 .0494 33,864 20,242 .0535 48,353 20,942 .0550 51,550 13, 696 . 0563 39,278 16, 418 ! . 0619 ! 21, 756 13, 700 . 0675 18,888 6,338 . 0688 1 2, 000 7,410 . 0675 1 ! I i i 711 1,263 794 .056 1,533 592 1,216 884 .056 1,495 530 1,161 1,100 .063 1,462 760 1,504 1,037 .068 1,535 643 1,333 1,415 .061 1,755 1,080 1,863 1,126 .053 1,550 ! 849 1,559 1,407 .056 1,565 889 1,590 1, 289 .064 \ 1,648 ! 952 ' 1,647 1, 094 .068 1,697 881 1,590 1,098 .070 1,494 514 1,080 967 .079 1,549 659 1. 176 1, 159 . 089 1,437 1.037 < '1,374 1,555 6,578 1,592 0,944 1,491 6,990 1,395 6,724 1,345 6,286 1,088! 6,136 1,148 5,963 1,161 ! 5,879 866 5,455 . 929 5,188 817 5,014 828 5, 051 180,462 203, 734 197, 538 205, 626 228, 387 104, 678 136, 769 45, 588 .28 115. 121 158, 061 58, 522 .25 89, 172 188, 040 74, 154 .23 805 1,485 907 .058 1,711 Dairy Products BUTTER Apparent consumption . thous o f l b s Cold-storage holdings, creamery, end of month thou^ of Ibs Production (factory) thous. of IDS.Receipts, 5 markets __ thous of Ibs . _ Wholesale price, New York dolls, per lb.. l«»l), 17«J ..<•;, !• 1 -'80, 152 12L,Oli2 118,202 i'., S,'/7 i 42,863 .34 .33 160, 753 17,195 18,010 140,676 122,954 53,566 ! 48,739 .26 .29 166, 506 154, 987 181.56!) ; 46,792 63,401 i 112,843 111,670 ! 45,644 ! 43, 892 .32 ! .29 as, 012 101, 950 36, 848 .36 109, 04f, 120,215 38, 933 .40 39, 500 40, 035 41,637 61,841 1 69,471 79, 015 306 i 918 ! 4, 025 118 ! 129 1 176 4,062 ! 4,123 ; 4, 163 10,406 ! 11,600 ; 10, 400 26, 379 | 27, 543 i 35,057 87, 171 14, 677 108 5.041 10, 784 35, 782 96, 393, 16,568 183 6. 293 12,226 42, 589 71, 132 .19 » Final estimate for 1930. 78, 919 . 1(J 152, 985 ; 163, 689 30,672 105,192 43,251 .28 CHEESE 1 I Total, all varieties: Apparent consumption thous. oflbs.. 5i,()87 40,557 45, 277 45, 088 Cold-storage holdings, end of month.-. ..thous. oflbs.. , > ! , S ( i O "83,420 86, 418 84. 003 11,496 Exports, Canada thous, oflbs.. 2 ! , < > 4 o 11, 929 If), (588 148 124 Exports, United States thous. of lbs_. 112 116 4, 389 3,413 Imports, United States ....thous. oflbs.. 7, 179 , 5,515 14, 190 14, 264 Receipts, 5 markets .... thous. oflbs,. !3, ,",SS ! 11,949 Production (factory) thous. of Ibs, . r;. I'M* Jjs, 175 43,218 52, 960 American whole milk:' Cold-storage holdings, end of n l , 071 I * 65, 802 68,874 GS, 532 month thous of Ibs .15 '. Ut 1 . 17 , 10 Wholesale price, Now York. .dolls, per lb.. 1 Quarter ended in month indicated. * Revised. 35, 155 174, 827 61, 813 .24 184, 528 53, 147 55, 345 47,925 46,332 72, 977 4,078 119 5.121 17, 480 64, 533 55, 939 1,517 139 5, 856 12, 145 52, 568 53, 172 505 121 6,471 11,445 40, 470 if 54, 270 491 ! 208 i 4,611 ! 11,717 ! 34, 388 58, 144 .14 42, 461 .14 40,542 : 41,836 .15 i .16 « As of Nov. 1. 38,068 ! 41,070 47,968 | . 16 I 54,499 1 . 17 i 63, 326 .18 29 SURVEY OF CURRENT BUSINESS December, 1931 MONTHLY BUSINESS STATISTICS—Continued 1930 1931 Earlier data for items shown here may be found in the 1931 Annual SuppleAugust October Septemment to the Survey ber F July June May March |bru- January 5,162 91, 517 2,478 1,893 78, 051 2,046 408 73, 889 1,264 735 75, 685 1,026 April Decem- Novem- October ber ber FOODSTUFFS-Continued EGGS Cold-storage holdings, end of month: Case .thous. of cases. _ f., 740 2 7, 960 9,016 1 9,504 ! 9, 507 7,887 Frozen thous. of lbs_. 04, K60 2 103, 302 110,271 114,700 113,513 106, 607 1, 862 Receipts, 5 markets thous. of cases.. 1,180 943 1, 053 2,236 722 MILK Condensed milk: Exports thous. of lbs_. Total stocks, manufacturers, end of monthCase goods thous of Ibs Bulk goods. thous. of Ibs. . Wholesale price, New York-dolls, per case.. Evaporated milk: Exports thous. of lbs_. Manufacturers' stocks, end of monthTotal case goods thous. of Ibs.. Wholesale price, New York.dolls. per case. . Fluid milk: Consumption in nifr. of oleomargarine thous. of lbs__ Production, Minneapolis and St. Paulthous. of Ibs. Receipts — Boston, including cream. thous. of qts.. Greater New York thous. of qts._ Powdered milk: Exports thous. of lbs._ Manufacturers' stocks, end of month.., thous. of Ibs.. Net new orders thous. of lbs~ Production, condensed and evaporated milk thous. of lbs_. Kxports, condensed and evaporated milk thous. of Ibs. 1,180 1, 309 1,477 17,264 10, 001 4. 7f> 20, 349 11, 007 4.75 22, 604. 15,001 5.00 3,610 3,659 4,466 129, 802 3. 00 136, 408 3.00 181, 745 3.00 6, 142 4,849 19,598 115,390 970 854 23, 193 '26,711 () 487 2 14, 331 1,862 1,894 83, 184 768 4,154 89, 571 593 6, 785 98, 359 717 1,907 1,973 1,718 24, 650 21, 965 1, 372 1,973 1, 853 1,873 1,345 24, 071 1 23,998 16,221 ! 18, 992 5.65 ; 5. 65 19, 892 19, 163 5.65 12, 390 15,887 5.65 13, 227 16, 273 5.65 13, 051 16. 171 5.79 13, 928 18,594 6.03 17, 803 19, 520 6.03 20, 657 20, 885 6.03 5, 024 5,114 5,311 5,034 3,775 5, 269 4,546 4,366 6. 03 4,718 275,931 i 275,280 3.20 3.10 230, 739 3.30 150, 931 3.50 136, 896 3.50 157, 152 202, 070 3.75 j 3.80 211,828 3.80 224, 486 3.80 5,892 177, 754 3.50 2,403 j i 4,199 1 2,943 3,432 3,791 5,387 5,927 5,814 7,464 ! 8, 158 8,404 9, 066 j 27,436 33, 978 36, 244 32, 654 36, 245 33, 026 34,333 1 30, 310 25, 685 24, 629 20,545 115, 166 21, 615 120,752 21, 021 116, 580 21, C23 116, 117 19, 877 110, 313 20, 312 113,329 17, 444 101, 197 18, 352 j 18, 313 110, 428 111,345 18, 226 111, 166 19, 403 116,140 1,047 964 35, 922 i 38,216 11,062 11,816 1,085 1,369 1,414 2,282 1,001 366 i 465 507 467 42, 628 11,109 43, 148 11,047 40, 502 12, 145 41, 363 10,606 41, 744 9r492 41,122 10,253 | 38, 976 8,945 36, 318 8,733 33, 281 9, 853 141,981 ; 140,904 111, 109 121, 599 140, 437 175, 578 234, 055 244, 229 194, 753 172, 306 144, 649 4, 790 4, 968 o, 943 7, 754 6, 396 7,087 7, 164 6, 907 5, 120 59, 998 524 47,423 340 59, 883 384 91,083 290 101, 817 334 38,446 300 48, 350 28,626 39,700 2 31, 283 2 28, 095 2 38, 567 2 56, 560 2 71,817 25, 655 24, 599 30, 949 30,081 18, 35J1 20, 635 132, 691 152,757 6,453 6, 339 6, 436 45,998 107, 333 406 ! 333 108, 996 273 194, 623 653 2 85, 323 291,872 17, 567 25, 967 2 88, 603 30,541 7,672 Fish Canned salmon: Exports, Canada . cases.. 100, 138 91, 873 69, 327 Shipments, United States.thous. of cases. . 632 902 Cold-storage holdings, 15th of month . thous. of lbs_. 73,018 2 68, 083 2 57, 518 Total catch, principal ports thous. of lbs._ 24. 947 28, 439 33,612 Fruits and Vegetables Export value, fruits and preparations thous. of dolls 16, 181 Apples: Car-lot shipment. carloads.. 30, 137 Cold-storage holdings, end of month thous. of bbls.. Production, crop estimate. ..thous. of bu._ 4 920 244 Citrus fruits, car-lot shipments _ _ _ carloads. . 8, 706 Onions, car-lot shipments carloads 4, 014 Potatoes, car- lot shipments _ carloads 24, 392 Production, crop estimate thous. of bu._ 4 38'? ?,25 9, 162 8, 041 7, 587 5, 692 6, 549 6, 446 10, 717 8,946 12, 597 1,869 3, 155 1,214 2,005 3,081 5,700 7,115 1,509 2,917 10, 682 7,806 ; 5,224 7,439 13, 980 2,610 20,C24 14, 197 ; 3,454 i 20,971 ! 6,061 5,067 6, 610 776 745 921 732 ! 4, 626 5,662 7,840 9,583 10, 731 i 188 1 5,990 2,004 81 62 137 577 5, 688 3,776 16, 979 6, 073 2, 258 11,717 9,407 1, 657 20, 161 10, 693 2, 122 27, 084 15, 585 3,703 23, 895 13, 124 13, 439 18,750 13, 161 11, 224 8,118 896 15, 099 1 7, 572 2,377 | 2,540 21, 032 23, 601 15, 082 17, 536 17, 124 8,085 17, 454 35, 782 9,575 8 163,543 12,554 2,254 15, 092 « 343,236 10, 860 9, 043 11,338 2,753 16, 267 6,301 5, 593 28, 7SK 7,578 9,803 14, 091 1,047 964 1, 295 .52 11, 401 11, 854 57765 12,03.* 132 5,241 163 5,434 295 6, 253 .69 .71 .82 .69 .76 .82 .88 17, 067 8,396 7,411 15, 176 8, 705 4, 703 4,057 « 77, 850 4,863 5, 401 144 ! 208 1,126 997 .34 .32 - 1 H358.052 202 1,085 .33 157 1, 174 . 36 14, 605 6,075 30, 641 14, 749 9, 445 33, 509 Grains Total grain exports, including flour ... thous. of bu 17, 296 BARLEY Exports „_ __ . thous. of bu_. 807 1,014 678 717 768 Price, No. 2, Minneapolis dolls, per bu.. .42 .39 .45 .50 .50 Production, crop estimate _._thous. of bu_. 4 21 5, 889 Receipts, principal markets. thous. of bu._ ~"~5~152~ ~~~5"688~ ~~~l f ~801~ ~ "27l93~ Visible supply, end of month thous of bu_. "~4~770 3,449 4,126 4, 089 4,138 .47 .48 :41 .48 .44 .44 44 i 8 334,971 2,523 ""~2~446" "~2,~484~ ~"2,~ 246" ~~~2,~511~! 3, 569 "~4~ 207" CORN Exports, including meal.. Grindings (starch, glucose) Prices: No. 3, yellow, Chicago. No. 3, yellow, Kansas City.. _ No. 3, white, Chicago.. Production crop estimate Receipts Shipments Visible supply, end of mo... HAY Receipts . Production, orop estimate thous. of bu._ thous. of bu_. 256 165 5, 912 201 4, 665 556 5,168 123 5, 738 151 5,580 206 5,492 534 5, 441 443 5, 575 dolls, per bu_. . 38 .42 .46 .57 .58 .56 .58 .60 .61 .65 .46 .44 .45 .49 .53 .58 .52 .59 .52 .56 .53 .58 .54 .60 .54 .63 .59 ! .68 | 8,447 6,364 5, 592 11, 320 6,561 8,271 16, 152 8,955 8,536 13, 417 10, 589 7,785 11, 381 14, 855 12,286 17, 102 14, 246 19, 676 18, 567 12, 281 21, 998 21, 278 11, 895 20, 110 3, 959 5,001 3,495 3,052 3,777 4,198 4,519 4,279 627 1,166 .22 429 836 .21 253 938 .23 374 770 .27 192 785 .28 179 822 .30 174 844 .31 120 940 .32 15,960 7, 398 17,468 10, 239 12, 903 15, 577 12, 963 5,749 7,785 11, 098 4,748 7,654 10, 525 5,294 9,892 9,871 7,604 13,837 10, 243 6, 843 19, 103 11,895 7,123 22, 947 dolls. per bu.. .40 dolls, per bu... .39 thous. of bu_, 42,074,369 thous of bu 14,414 thous. of bu.. 7, 21 1 thous. of bu.. 7, 364 .66 .73 5 2,093,552 19, 320 27, 367 12,611 j 10, 925 17,662 ! 16, 993 i number of cars thous. of tons.. 6,214 4 7Q 9<) £ OATS Exports, including meaL. thous. of bu.. S57 ! Grindings, Canada thous. of bu_. \ Price No. 3, white, Chicago dolls, per bu_. 4 .23 | Prodtiction, crop estimate. _ thou«. of bu ! 173 999 i. Production, oatmeal, and rolled oats, Canada _ thous. of Ibs.. Receipts, principal markets thous. of bu_. 7, 090 | Visible supply, end of month thous. of bu._ 18,605 . 1 Revised. -- < As of Nov. 1. 13, 320 6,121 26,650 ! ' Final estimate 1or 1930. 14, 360 6,021 30,504 30 SURVEY OF CURRENT BUSINESS December, 1931 MONTHLY BUSINESS STATISTICS—Continued Earlier data for items shown here may be found in the 1931 Annual SuppleAugust October Septemment to the Survey ber 1931 July June 1930 | May April F March f™' Decem- Novem- October ber ber January FOODSTUFFS-Continued RICE Exports . pockets (1001 bs.)-- 322, 302 87, 630 108, 181 100,899 239, 358 260, 949 203, 519 211,843 ! 259,578 376,000 4,475 10, 009 41,223 37,821 41,891 3,756 5,443 50, 472 38, 748 Imports.. pockets (100 lbs.)._ 4 9,397 Production crop estimate thous of ton 43, 045 """" | Shipments: Total from 427 864 i 933 875 404 1,119 601 617 780 mills . thous. of pockets (100 lbs.)_. 1,396 New Orleans.. _ . pockets (100 lbs.)__ 199, 965 139, 048 78, 269 37, 121 75,732 { 88,718 68, 753 68,349 | 74,629 75, 643 Southern paddy, receipts at 599 j 864 1,147 382 172 1, 455 323 ! 520 566 mills . - _ _ _ thous. of bbls,. 1,810 Stocks, end of 1,793 848 1,305 1,388 683 1,051 i 1,293 1,561 ! 1,790 1,805 month thous. of pockets (100 lbs.)._ 413, 674 27, 504 » 41, 322 383, 617 29, 294 150, 938 10, 684 1,003 75, 426 1,208 126, 781 1,323 201, 483 844 1,257 2,063 1,678 1,776 1,670 4 .43 49 .49 884 11,911 4 .44 » 48, 149 1, 356 12, 644 1.640 13, 316 2,001 13, 860 RYE Exports, including flour. Price No. 2, Minneapolis Production, crop estimate Receipts, principal markets Visible supply, end of month... thous. of bu_. dolls, per bu_. thous. of bu thous. of bu_. thous. of bu_. 4 .41 36, 233 WHEAT Exports: Canada, including wheat flour .. -_. thous. of bu__ 21, 436 United StatesWheat only _ -thous. of bu_. 11, 873 Including wheat flour. __thous. of bu__ 15, 406 Export value of wheat and flour 8,751 thous of dolls Stocks, held by mills (quarterly), thous. of bu_. Prices: No. 1, northern spring, .72 Minneapolis.dolls, per bu__ .52 No. 2, red winter, St. Louis., dolls, per bu._ No. 2, hard winter, .48 Kansas City dolls, per bu _ Production, crop estimate: Total thous of bu 4 884 286 Winter wheat thous of bu * 775, 180 Spring wheat ._ _. -thous. of bu_. * 109,106 32, 658 Receipts thous. of bu Shipments -thous. of bu__ 26, 851 Visible supply, end of month: Canada thous. of bu_. 161,912 United States thous. of bu.. 231, 049 27 .39 14 .38 10 .37 15 .37 29 .36 3 .35 1,311 8,922 1,137 8,267 472 8,687 862 8,730 1,035 8, 540 880 9, 262 34 ! .36 ! 19 .37 855 | 716 10,440 ! 11,110 3 ! .38 ; i i 11, 373 24, 939 34, 782 33,447 1,357 ; 4,574 ; 137 3,564 1, 289 5, 543 2,173 6,187 3,266 8,470 6,311 12,295 3,882 81,841 [ j 3,234 4,864 6,278 137,194 7,833 11, 427 .79 .80 .76 ! .78 .75 .79 .76 .78 .77 .83 .75 .83 .82 .87 .73 .70 .69 .71 .69 .74 16,840 14, 258 14, 107 22,688 31, 687 6,148 8,397 11, 588 8,901 11, 781 12, 731 17,253 8,136 11, 842 6,406 9,956 3,531 6,954 6,769 H39, 002 7,039 11, 561 8,805 » 38, 771 7, 443 5,671 .69 .47 .65 .47 .61 .48 .74 .72 .81 .79 .43 .44 .68 15,521 ! 12,165 a .69 i j 1 I ~~38,~877~ "61," 463" ~I64Y647~ "29,~656~ ~~36~863~ ~~21,"230~ ~~30~833 I ~30,~672~ 15, 570 | 14, 817 65, 987 16, 601 28,325 45, 747 30,385 24,061 .43 122, 199 239, 431 101, 306 242, 846 116,462 217, 526 122, 318 190, 702 .73 136, 856 197, 563 160, 750 199, 561 180, 253 1 183. 704 207, 138 I 201, 862 • 863.430 • 612. 268 i 5 251,162 29,496 21, 549 "~24~597" ~"~28,~943 13, 706 15, 053 20,955 25,238 193, 858 197, 219 205, 854 195, 716 197,998 202, 475 178,827 205, 437 9,848 10, 597 11, 059 602 892 792 1,156 814 1,330 5, 226 41, 307 7,789 42,428 8,348 49,914 4.89 4.69 4.98 4.03 4.14 4.23 1 WHEAT FLOUR 9,622 Consumption (computed) thous. of bbls.~ Exports: 392 467 490 481 326 561 1 415 557 522 558 Canada thous. of bbls.. 945 715 | 762 640 824 761 709 1,005 789 United States ....thous. of bbls~ Qrindings of wheat: 4,834 6,772 5,304 5,169 4,607 5,992 5,932 fi, 033 4,719 Canada thous. of bu._ United States .. -thous. of bu_- "~47~ 473" 244,569 44, 412 45, 362 35, 893 36, 946 39, 127 40,137 { 37,939 42,529 Prices, wholesale: Standard patents, Minneapolis 4.96 4.67 4.85 4.21 4.13 4.71 4.28 4.24 4.75 4.85 dolls, per bbl . Winter, straights, Kansas City 4.09 4. 00 1 4. 06 2.96 4.12 4.02 2.96 3.16 4.14 . dolls, per bbl__ 3.10 i Production: 1,164 1,035 1,086 1,516 1,319 1,183 1, 058 1,333 1,121 Canada , thous. of bbls.. United States9,232 9,852 8,724 1 8,242 8,494 7,763 8, 015 9,658 Actual (Census) -.thous. of bbls_. 10, 401 2 9,735 9,937 9,275 | 8,750 7,981 8,739 10. 614 9,847 6.134 Prorated (Russells')--- thous. of bbls.. --- 10,611 55 59 47 51 52 i 56 61 58 50 Capacity per cent 713,507 ! 678,795 761, 935 702 189 828, 523 2781,318 785, 106 663, 303 802,424 647, 400 r Grain offaL. thous. of lbs_. Stocks: All positions (computed) 6,370 5,618 ! 5.526 j 5,620 6,135 4,800 6,131 6,000 4,857 end of month _ thous. of bbls.. ' 2, 830 3 3, 532 3, 7J2 L — _ ~ ~ Held by milH (quarterly) thous of bbls 9,898 9,843 7,642 6,666 8,711 8,281 8,654 8,738 | : MEATS Export value, meats and fats.-thous. of dolls-. 3 7,145 6, 321 6,386 6,821 7,074 7,791 | 8,477 10,082 ! 10,576 12,204 1,170 1,739 1,869 8,973 9,888 54 739, 243 9,184 10, 403 60 762, 108 10,817 12, 089 62 899, 580 7,000 •4,016 7,850 9,819 11,039 9,200 9,798 ! CATTLK AND Bsi? Beef products: Apparent consumption thous. of Ibs-. 448, 804 2404,928 432, 312 416, 822 404, 731 424,672 421,252 379,405 ; 335,603 384, 754 397,741 331, 945 Cold-storage holdings, end of month 73, 392 75, 285 thous. of lbs_. 34, 491 235,171 39, 050 41, 055 45, 548 49, 448 i 53, 150 61.111 i 67,622 72, 398 902 1.207 1,491 1,497 1,444 i 961 1,573 1. 468 981 1,837 2,077 Exports thous. of lbs_. 1,604 Production, inspected thous. of lbs__ 446, 798 400, 752 130, 595 411,952 400, 529 419, 124 412, 757 374,151 ; 330,321 381, 631 398, 741 342, 405 Cattle movements, primary markets: 897 1.015 823 960 ! 812 930 968 1,037 980 1,036 1,009 961 Local slaughter thousands ._ 1,508 1,696 1, 535 1, 303 1,736 1,551 1,617 1,797 1,821 1,488 1,540 Receipts thousands _ 2,137 Shipments, stocker and feeder 332 478 222 111 146 147 251 153 175 582 124 _ _ thousands.. 381 607 1,015 873 546 486 552 561 561 581 861 756 Shipments total thousands.. 1,096 Prices: Beef, fresh, carcass, good native steers, .195 .195 .195 . 169 ! . 178 .143 .160 .148 .144 .129 .156 .129 Chicago dolls, per lb— Beef, fresh, carcass, steers, New York .205 .205 .205 .ISO . 196 .145 .155 .172 .145 .165 .173 .158 _ dolls, per lb_. Cattle, corn fed, Chicago 10.58 10.31 10.00 7.68 • 8.56 9. 08 l 9. 11 7.25 8.62 7.32 8.66 9.25 dolls, per 100 lbs__ 3 * As of Nov. 1. •Fi nal estimeite for 1930. » Revised. Q uarter en ded in m onth indi cated. 463, 928 63, 862 2,347 468,983 1,183 2,377 691 1,223 .195 .205 9.97 SURVEY OF CURRENT BUSINESS December, 1931 31 MONTHLY BUSINESS STATISTICS—Continued Earlier data for items shown here may be found in the 1931 Annual Supplement to the Survey October SeptemAugust ber 1930 1831 July June May April March Febru- January ary Decem- Novem- October ber ber FOODSTUFFS-Continued HOGS AND PORK Hog movements, primary markets: Local slaughter. thousands.. Receipts thousands Shipments, stocker and feeder __ .. ...thousands-Shipments, total thousands Lard (included in pork products) : Cold-storage holdings, end of month thous. of Ibs Exports ... thous. of lbs_. Production. thous, of lbs._ Pork production: Apparent consumption thous. of lbs__ Cold-storage holdings, end of monthTotal thous of Ibs Fresh and cured thous. of lbs_Exports— Total.thous. of Ibs— Other products than lard . _ thous. of Ibs— Production, inspected thous. of lbs__ Prices: Hams, smoked, Chicago dolls, per lb._ Hogs, heavy, Chicago.. -dolls, per 100 lbs._ Lard, prime contract, New York .... dolls, per lb__ 2,155 3,462 1,663 2,727 1,398 2,454 1,474 2,511 1,773 2,854 1,841 2,938 1,983 3,067 1,962 3,207 2,293 3,704 2,907 4,652 2,460 4,002 2,169 3,439 2,048 3,441 72 1, 311 55 1,062 49 1,045 37 1,039 36 1,072 33 1,099 36 1,088 31 1,234 37 1,417 45 1,739 41 1,542 37 1,269 39 1,392 39, 641 2 69, 296 43, 547 37, 790 97, 114 116, 124 96,047 34, 510 91,680 121, 926 33,824 109.. 265 115, 561 37, 786 123, 263 103,366 39, 623 126, 323 95, 693 44, 769 129, 090 78,249 58, 395 127, 516 74, 977 68, 760 147, 632 62, 624 68,882 186, 062 51, 434 45,114 150, 538 31, 582 42, 552 119, 355 36, 211 41, 396 101, 672 680, 285 2601,392 552, 387 540, 228 585, 146 581, 110 523,963 563,934 508, 890 663, 947 608, 323 553, 479 636, 426 419, 387 2544,183 379, 746 2474,887 691, 110 595, 063 833, 737 711,811 890,2)2 774, 651 931,117 827, 751 963, 217 867, 524 921, 920 843, 671 928, 385 853, 408 788, 888 726, 264 572, 626 521, 192 443, 286 411, 704 393, 017 356, 806 48, 032 49, 193 53, 226 55, 557 59,406 73,610 83,470 86,902 61, 134 62, 325 53, 798 13, 522 15, 369 457, 105 | 532, 757 15, 440 597, 185 15, 934 604, 427 14,637 624, 301 15,215 630, 661 14, 710 731, 633 18,020 962, 175 16, 020 798, 311 19, 773 665, 665 12, 402 575, 700 56, 134 48, 550 12, 587 611, 171 10, 760 502, 673 .182 5. 41 .186 5.71 . 185 6. 35 .173 6.24 .174 6.39 .182 6.40 .184 7.08 .187 7.18 .195 6.73 .207 7.34 .213 7.94 .222 8.86 .221 9.86 ,080 .075 .075 .082 .083 .082 .090 .094 .085 .090 .100 .112 . 119 54, 679 255,333 54, 604 59, 095 54,949 50, 967 58, 195 56, 348 50, 890 64, 946 1,892 53, 947 2, 685 55, 678 2,371 54, 433 2,529 58, 579 3,063 54,486 3, 573 50, 511 4,081 57, 642 4,677 56, 453 4,628 51, 236 4,326 65, 060 3.84 SHEEP AND LAMBS Lamb and mutton: Apparent consumption thous. of lbs_- 6d, 455 2 60, 792 58,351 Cold-storage holdings, end of month 1,975 __ .thous. of Ibs— 1,958 2 1, 908 Production, inspected thous. of lbs._ 66, 546 60, 754 58,488 PricesSheep, ewes, Chicago . dolls, per 100 Ibs 1.63 1. 98 1.63 Sheep, lambs, Chicago o.TO dolls, per 100 Ibs 5. 94 • 5. 95 Sheep movements, primary markets: 1,474 1.461 Local slaughter thousands I, 500 3,270 3,956 Receipts thousands 3,900 Shipments, stocker and feeder 718 1,104 _-_ — .thousands-- 1, 181 1, 734 2,455 Shipments, total thousands.. 2, 468 Miscellaneous meats: Cold-storage holdings, end of month _— thous. of lbs__ 49, 109 2 56, 881 66, 334 Total meats: 1,067 Apparent consumption .... mills, of lbs__ 1, 196 1.043 Cold-storage holdings, 798 505 638 end of month _ .mills, oflbs _ 948 1. 125 964 Production mills of Ibs 2.56 1. 55 2.44 3.29 3.79 3.69 3.44 2.93 3.38 6.06 6.98 8.36 8.76 8.27 8.31 7.98 7.40 7.13 7. 03 1,342 2.. 535 1,384 2,587 1, 464 2,810 1, 410 2,713 1,157 2,119 1,056 1,964 1, 201 2, 175 1,230 2,307 1,079 2,607 1,597 3, 784 243 1,190 289 1,214 176 1,353 189 1,304 103 948 105 908 184 979 282 1,081 761 1,534 1, 024 2,238 69, 026 75, 469 79, 331 81, 359 85, 678 92, 744 93,747 84, 169 75, 818 72,444 936 1,165 1.012 1, 045 1,060 1,004 998 895 1,107 1, 062 946 999 1,014 1 053 1,062 1S078 1,100 1,096 1,072 1,059 1,092 1,112 959 1,401 737 1, 254 597 1, 059 534 1,110 43, 058 28, 655 36,438 24, 871 32, 762 22, 164 35, 348 17, 252 45,920 17,443 69, 986 20,600 95,188 26,008 101, 307 34,472 104, 913 73, 314 82,925 67, 361 59, 26$ 33, 128 POULTRY Cold-storage holdings, end of month . thous. of Ibs _ 65, 690 * 58, 215 Receipts at 5 markets. _ ._.. thous. of lbs__ 30, 377 32,409 Prices Retail food (Dept. of Labor) Wholesale food __rel. to 1913.. rel. to 1926— 119 72.6 119 72.9 120 73.7 119 73.1 118 72.4 121 72.9 124 75.6 126 76,7 127 77.1 133 80.1 137 81.8 141 85.7 144 88.6 134, 336 97, 725 666 160, 992 109, 613 702 215, 110 126,016 754 203, 030 119, 664 843 148, 624 93, 548 930 137, 205 118, 514 982 94,865 238,872 1,007 134,928 546,538 844 168, 450 429, 576 461 86, 518 105, 726 80 231,039 150, 277 669 413, 406 213,688 764 291,311 124, 848 958 Sugar Cuban movement (raw): Exports long tons Receipts at Cuban ports long tons— Stocks, end of month .thous. of long tons.. Prices: Retail coverage, 51 cities rel. to 1913— Retail granulated, New York dolls, per Ib Wholesale, granulated, New York dolls, per Ib Raw: Imports—From Hawaii aod Porto Rico long tons From foreign countries long tons— Meltings, 8 ports _ __ long tons Stocks at refineries, end of month long tons Refined: Exports, including maple.-— -long tonsShipments, 2 ports -. long tons Stocks, 2ports._ ,. .—Jong tons 102 104 104 102 102 102 104 106 107 107 107 106 .052 .052 .053 .051 .050 .050 .050 .051 .053 .053 .053 .053 .053 .045 .045 .046 .046 .044 .043 .044 .043 .045 .046 .046 .047 .044 82, 062 186, 928 328, 310 126, 970 202, 564 414, 066 135,228 397, 042 376, 715 148, 636 324,848 469, 609 143, 382 239, 085 383, 157 161, 260 151, 815 332, 556 135, 457 279,578 403, 337 150,951 364, 493 351, 169 151,980 212, 453 290, 337 81,700 122,071 258,585 5,590 306,500 207,006 50,977 293, 455 337, 360 82, 660 277, 350 402, 333 245, 694 321, 815 429, 229 367, 252 400, 567 463,730 445,535 420, 650 329,324 293,938 305,208 321,930 283, 778 4,304 48, 208 33, 047 4,365 60,502 41, 171 3,896 76, 412 37, 116 3, 952 98, 879 36, 481 4,329 78,583 35, 030 3,338 57, 670 32, 632 5,332 65,633 43,880 4,612 49, 077 54, 665 3,085 54,570 29,070 3,572 42, 717 34,019 4,723 33,645 42, 555 6,576 59, 916 37, 759 8,553 62, 113 46, 134 10, 271 .225 8, 568 .225 7,977 .225 6,578 .226 6,953 .225 4,135 .225 6,184 .225 7,995 .225 5,223 .225 7,289 .225 8,029 .225 7,565 .225 9,917 .223 107 Tea Imports thous. of Ibs.. Price, Formosa, fine, New York.dolls. per Ib— » Revised. 32 SURVEY OF CURRENT BUSINESS December, 1931 MONTHLY BUSINESS STATISTICS—Continued Earlier data for items shown here may be found in the 1931 Annual Supplement to the Survey October 1930 1931 Septem- August ber March Febru- January ary Decem- Novem- October ber ber July June May April 99, 633 * 33. 4 66.0 120, 354 35.2 66.3 120, 501 47,7 67.8 143 558 35.6 68.4 135, 771 41.5 73.3 73, 818 40.3 74.2 67, 792 35.7 73.2 114, 557 36.7 76.0 128, 424 33.8 78.1 110, 855 36.8 80.1 122, 690 39.4 80.2 FOREST PRODUCTS Lumber ALL TYPES 85 234 Exports M ft b m New orders rel. to 1923-1925 30 6 64. 5 Prices, wholesale, composite rel. to 1926... Production index (elect, energy consumed) rel. to 1923-1925 82 2 306. 1 Stocks, end of month .rel. to 1923-1925 27. 3 Unfilled orders, end of month.rel. to 1923-1925. . 89, 502 2 31 3 65.5 mi* 5 2 29. 0 79.4 110. 4 - 33. 7 76.9 110.1 238.2 86.3 106.3 51.4 97.2 107.7 48.1 91.5 108.2 49.2 93.2 108.8 48.8 84.2 111.2 47.7 82.6 113.2 46.8 73.3 117.3 44.7 86.5 113.7 42.6 77.1 110.0 46.3 9. 255 68, 318 8,314 73,002 9,457 76, 554 8,513 78, 274 10, 084 79, 017 8,451 80,051 7,767 80, 816 5,236 81,158 3,494 80, 251 3,563 76, 552 4,145 70, 531 9,028 71,025 13, 596 73, 743 3,481 ft. b. m__ ft. b. m..j 35, 207 3,249 36, 245 3,280 36, 966 3,745 37, 279 3,432 37, 718 3,421 38, 816 3,368 39, 534 3, 389 39, 657 2,641 38, 628 2,878 37, 839 2,530 37, 739 3,940 38,108 5,114 38. 674 2,760 2, 812 2, 703 20, 042 3,778 3,312 2, 783 3,134 1 2,973 3,397 3, 144 21, 130 20, 189 4,183 3,775 3,712 2,737 3,447 21, 321 4,772 4,245 3,116 3,778 21, 821 4,955 3,327 2,629 3,315 23, 467 4,604 3,679 3,326 3,226 24, 191 5,312 3,131 3,760 3,017 26, 193 5,180 3,455 3,179 2,676 25, 835 5,248 3,584 3,452 2,351 25, 578 4, 664 1,905 3,045 1,811 24, 271 3,491 2,798 2,759 2,554 23, 353 3,204 2, 530 2,643 2,886 22, 985 3, 188 15,973 19, 299 18,203 67, 103 18,631 16,928 22,425 ' 21,736 21,464 19, 486 65, 004 65, 696 26, 24, 25, 64. 390 120 691 798 21.065 20, 984 23, 131 67, 619 24, 710 24, 505 27, 745 76, 753 28, 575 25, 147 28, 155 76, 783 31, 407 23, 643 26, 243 78, 305 24, 771 19, 548 21, 713 80, 943 21,116 17, 686 18, 365 82, 487 21, 010 15,738 17, 152 83, 420 14, 170 16, 231 15,844 91, 598 17,402 19,978 20, 649 92,631 15, 589 17,590 18. 15)4 21,204 30, 176 30, 235 34, 095 36, 326 32, 719 30, 241 29, 353 29. 790 30, 678 131 105 135 131 105 131 131 101 143 139 109 139 176 143 161 158 146 169 154 146 161 173 165 176 188 158 165 169 143 158 125 134 125 133 143 148 154 158 169 2. 915 2, 542 2, 960 2, 559 3,020 2,645 3,065 2,662 3,126 2,707 3,149 2,718 3,175 2,713 3,205 2,731 3,249 2,769 3,308 2,851 3,31.9 2,863 3,273 2,821 3,270 2,805 374 387 375 402 419 431 463 473 481 456 456 452 466 607 f.16 615 518 634 542 653 551 683 575 686 586 694 693 703 598 713 601 726 607 611 511 610 509 60S 504 82 2 i KETAIL MOVEMENT Retail yards, 9th Fed. Res. Dist.: Sales -M Stocks, end of month M Retail yards, 10th Fed. Res. Dist.: Sales M Stocks, end of month M FLOORING ft. b. m.. ft. b. m__ > Maple: New orders M ft. b. m_. Production M ft. b. m__ Shipments M ft. b. m__ Stocks, end of month M ft. b. m._ Unfilled orders, end of month. M ft. b. m__ OakNew orders M ft , b . in . .. Production -, , M ft . b . in - Shipments M ft. b. m Stocks, end of month M ft. b. m. . Unfilled orders, end of month . M ft. b. in . HARDWOODS All hardwoods: New orders— mill. ft. b. m__ Production .. - mill. ft. b. in. Shipments _ mill. ft. b. m.. Stocks, end of monthTotal .. mill. ft. b. m.. Unsold. mill. ft. b. m.. Unfilled orders, end of month «._.mill. ft. b. m__ Gum: Stocks, end of monthTotal mill. ft. b. m._ Unsold .mill. ft. b. m__ Unfilled orders, end of month _ . mill. ft. b. ffi_. Northern hardwoods: Production . - M ft. b. m__ Shipments M ft. b. m._ Oak: Stocks, end of monthTotal mill. ft. b. m. Unsold mill. ft. b. m__ Unfilled orders, end of month ..mill. ft. b. m._ Walnut logs: Made into lumber and veneer M ft. log measure-Purchases _. _M ft. log measure ._ Stocks, end of month.. M ft. log measure. . Walnut lumber: New orders M ft. b. m_. Production -M ft. b. m.. Shipments M ft. b. m__ Stocks, end of month _M ft. b. m. Unfilled orders, end of month.M ft. b. m._ 102 108 100 101 106 112 118 100 102 104 3, 210 14, 907 5,884 13, 445 6,173 9,846 11, 878 11, 690 10, 820 10, 330 12, 767 12, 806 17, 878 12, 631 17, 252 12, 330 14, 178 10, 854 8,147 8,021 4,382 9,374 4,772 11,285 827 742 S40 761 853 783 864 783 890 803 914 809 935 814 966 844 990 861 1,017 1 918 ! 1,029 935 1,022 928 1,021 924 85 79 70 81 88 105 120 i 122 129 99 I 95 95 97 1, 145 1,104 666 925 1,113 707 709 776 510 523 666 442 958 674 293 1,135 828 519 925 719 I 845 i 816 699 1,050 829 874 1,172 895 i 1,179 1, 136 1, 146 1,204 777 1, 463 1,405 1,720 12,825 2,173 1,861 1,037 1,786 13, 176 2,934 1,252 887 1,472 13, 926 2,821 1,574 624 1,853 14, 543 2,981 996 1,075 1,223 15, 837 2,918 1,181 1,382 1,277 15, 990 3,151 1, 393 1,141 1,506 15, 893 3,279 2,094 875 1,942 16, 265 3,522 1,471 804 1,363 17, 236 3,314 1,152 i 642 1,064 18, 295 ; 3,211 i 1, 203 1,184 1,187 17, 670 3, 118 1,343 1,444 1,470 18, 731 3,393 18, 636 15, 931 17, 055 16,007 14, 760 15, 734 15,386 16, 270 17,323 16, 576 1 14, 717 18, 131 19, 321 16,429 18, 253 19, 220 17, 616 21, 568 22,480 18, 761 21, 898 24,485 21, 795 24,852 20, 695 23,836 23, 555 25, 928 1 17, 857 26, 998 ! 23, 048 20, 307 21, 410 21, 485 25,900 20, 549 30, 603 35, 063 31, 808 20, 485 17,585 17,380 19, 331 20, 376 20, 237 22, 290 22,726 23,613 28, 725 22, 766 24, 514 24, 277 36, 714 21, 874 151, 305 38,787 18, 020 158, 915 45,308 25, 155 188, 460 53,088 18, 186 181, 297 47, 766 35, 718 191, 146 69, 043 55, 586 188, 907 63, 159 37, 573 224,272 15, 211 19, 964 217, 109 14, 951 14,978 189,355 38, 251 16, 081 191, 593 53, 718 12, 859 189, 355 42, 364 9,151 186, 222 43, 801 12,511 203, 232 11.21 11.27 10.97 10.64 11.25 11.64 12.12 12.68 12.86 12.82 12.99 13.25 12.98 25.63 149, 962 162, 049 81, 472 25.48 155, 334 166, 525 125,341 25. 29 171,897 175,030 111,017 25.76 149, 067 173, 240 165,630 25. 98 199, 651 197,413 162,944 28.33 206, 813 221, 586 135, 637 29.74 201, 889 200, 099 215, 766 31.14 186, 222 195, 622 196, 517 31.65 179, 059 186, 669 181, 745 31.33 160, 258 178, 164 182, 640 27,370 33,110 24, 640 33, 320 24, 276 32, 375 3,928 7,811 4,804 7, 531 9,991 7,864 1,340 1,460 ! 791 ! ! i ! 1 1,421 1, 294 670 1, 809 1, 386 1, 907 18, 796 3, 646 SOFTWOOD California redwood: New orders (computed) M ft. b. m._ Production (computed) M ft. b. m.. Shipments (computed) M ft. b. m._ Unfilled orders, end of month (computed) M ft. b. m__ Douglas fir: ExportsLumber _ M ft. b. m._ Timber M ft. b. m.. New orders M ft. b. m_. Price wholesaleNo. 1 common. .dolls, per M ft. b. m_. Flooring, 1 x 4"B" and better, V. Q dolls, per M ft. b. m.. ProductionM ft. b. m._ Shipments M ft. b. m_ Unfilled orders, end of month.M ft. b. m__ North Carolina pine: Production (computed) M ft. b. m.. ! Shipments (computed) ...M ft. b. m.. i Northern hemlock: Production - -.M ft. b. m_. Shioments M ft. b. in.. Revised. 92 2, 617 15, 378 01 31, 241 30,338 i 30, 233 27,013 30,408 ; 34,293 i 31,780 ! 34,454 10, 128 1 8,640 I 10, 013 9, 554 / 9,893 7,B94 8,616 7,437 27, 489 ' 33, 250 j 6, 583 5,432 33. 77 31.73 33.40 I 167, 420 191, 593 j 208, 156 199, 651 174, 583 179,954 188, 012 | 176,373 137, 876 ! 24, 129 ! 28, 350 j 28,140 24, 318 30, 317 | 34,300 j 32,417 i 32, 844 29, 386 35, 049 4,046 ; 6,696 4, 374 7,436 6,085 5,508 6,526 1 6,094 I! 5,812 4,955 33 SUEVEY OF CURRENT BUSINESS December, 1931 MONTHLY BUSINESS STATISTICS—Continued Earlier data for items shown here may be found in the 1931 Annual Supplement to the Survey October SeptemAugust ber 1931 1930 Novem- October January December ber July June May April March February 21, 956 7,888 151, 484 27.78 61.4 119,828 155,511 82, 551 29, 925 8, 745 146, 860 27.82 61.7 121, 994 151, 488 83, 013 30, 278 12, 535 140, 322 28.15 62.4 126. 739 138, 663 83, 475 34, 067 5,827 157, 920 28.82 63.9 148, 048 165, 004 83, 958 32, 544 10, 256 169, 015 28.32 68.2 165, 325 180, 306 104, 307 22, 478 6,261 174, 020 29.68 65.8 164, 929 175, 742 121,401 21, 309 4,935 170, 709 28.42 63.0 153, 831 163, 926 106, 932 33, 509 8,163 190, 985 30.73 68.1 165, 065 182, 679 116, 193 127 125 125 1, 225 128 137 119 1, 245 114 158 125 1,230 107 135 122 1, 204 141 141 125 1,196 109 112 120 1,174 112 66 107 1,174 87 63 107 1,218 85 64 78 92 99 99 79 54 83 59 105 82 118 118 8.0 16 7.0 15 6.5 13 4.5 27 13.0 9 8.0 13 12.0 14 39 72.0 19 36 73.0 16 32 80.0 14 32 74.0 12 31 70.0 11 33 67.0 13 34 64.0 13 FOREST PRODUCTS-Continued Lumber— Continued SOFTWOOD— Continued Southern yellow pine: ExportsLumber M ft. b. m__ Timber. _ M ft. b. m New orders M ft. b. rn__ Price flooring doils. per M ft. b. m Price index rel. to 1926.. ProductioQ M ft b m Shipments M ft. b. m__ Unfilled orders— M ft. b. m._ Western pine: New orders mill. ft. b. in__ Production . mill. ft. b, m Shipments.. mill. ft. b. m__ Stocks end of month mill. ft. b. in__ 20, 895 5,017 134. 757 26.49 58.7 117,241 142, 254 58, 464 18, 936 5,663 138, 204 27.21 60.3 116,511 142, 170 74,235 35, 873 28, 113 11,896 177, 327 33.44 74.1 184, 712 176, 110 105, 021 31,957 10, 590 213, 028 34 01 75.4 210, 972 217, 885 108, 864 111 85 108 1,262 97 98 114 1,284 177 139 164 1,300 101 138 111 112 106 97 101 101 6.0 13 7.0 16 16.0 15 7.0 22 9.0 21 35 63.0 13 42 68.0 14 43 71.0 17 48 81.0 18 51 85.0 26 9,029 146, 465 32.51 72.4, 157, 143 145, 110 99, 036 VENEER Rotary-cut veneer: Receipts..., Purchases ... no. of carloads.. no. of carloads. _ Furniture Household furniture and case goods: Grand Rapids district8. 5 Cancellations per cent new orders14 New orders..— _no. days' production-Outstanding accounts, 38 end of month no. days' sales 83.0 Plant operations-.-per cent full time... 17 Shipments no. days' production,. Unfilled orders, 11 end of month.no. days' production. . Southeastern district — Shipmentsdolls., av. per firm.. 64, 122 Unfilled orders, end of month 22, 100 dolls., av. per firm Steel furniture. (See under steel manufactured products.) Wholesale prices: 73.1 Beds .„— rel. to 192691.0 Dining-room chairs, sets of six. rel. to 1926— Kitchen cabinets rel. to 1926.. 100.1 82.0 Living-room davenports rel. to 1926— 15 20 22 23 11 15 15 17 18 17 22 20 66, 042 59, 223 55, 063 43, 077 46, 431 52, 390 62, 382 50, 858 36, 692 29, 051 43, 975 70, 007 42, 180 47, 706 47, 997 56, 865 19, 338 28, 248 29, 798 34, 160 31, 781 14, 400 It), 917 29, 117 80.4 92.1 2 100. 1 84.2 82.9 92. I 102.9 88.2 85.2 92.1 102.9 88.6 85.2 93.0 102.9 89.8 86.8 94.0 102.9 89.8 90.7 94.0 102.9 93.2 90.7 94.0 102.9 93.2 90.7 94.0 102.9 92.3 90.7 94.0 102.9 92.3 90.7 94.0 102.9 92.3 91.7 94.0 102.9 1;2. 3 91.7 94.0 102.9 92.3 80.7 83.4 90.3 89.8 87.8 88.1 88.4 88.4 89.0 90.8 91.5 93.3 96.7 86 297 104 101 100 107 102 92 87 78 81 81 89 81.8 82.0 81.9 280.1 77.1 277.4 83.8 77.6 85.4 278.2 81.0 2 79.5 83.9 80.3 71.2 281.2 76.1 282.1 71.6 85. 3 68.7 63.0 2 83. 8 84.9 282.6 LSATHEB AND LEATHER PRODUCTS Prices, wholesale, composite, leather _ .. . _ ... rel. to 1928 Production index (Fed. Res. Bd.) rel. to 1923-25— Production index (elec. energy consumed) rel. to 1923-25.. Stocks end of month rel to 1923-25 2 286.4 Hides Imports3,264 Calfskins thous. of lbs._ 3,164 2 3, 265 2 5, 058 2 6,211 2 3, 646 2 4, 512 2 3, 337 2 1,818 2 1, 339 2 2, 067 2 2, 126 2,202 10, 846 Cattle hides thous. of Ibs ] 1,870 9, 313 6,781 6,888 11, 934 4,149 7,528 6,812 4,404 5,186 6, 781 6,867 2 5, 533 7,556 3 7,686 7, 268 Goatskins thous. of Ibs 6,154 5,167 6, 858 9,321 8,274 3,991 5,863 6, 160 6,292 4, 472 1,965 2,821 Sheepskins thous. of Ibs 3,368 3, 472 3, 091 2,890 3,313 3,360 3,313 4,453 3,280 4,040 25, 856 21,512 29, 513 Total, hides and skins thous. of Ibs 28, 332 27, 445 18, 207 20, 211 20,471 26, 053 24,437 19, 616 19, 468 13, 417 Inspected slaughter of livestock: Canada — Cattle and calves. _thous. of animals.. 80 78 78 97 92 80 77 69 75 103 101 58 85 247 Swine thous of animals 162 168 160 148 201 164 172 154 161 158 166 170 193 Sheep and lambs— -thous. of animals.. 81 185 98 117 71 32 32 56 23 37 53 27 United States781 727 Cattle thous. of animals _ 692 836 559 605 706 704 651 687 667 690 635 407 Calves thous. of animals 357 324 379 398 356 417 353 393 425 471 43S 416 3,772 Swine thous. of animals 2,500 4,024 3, 492 4,142 5,362 2,787 3,408 3,488 2, 955 4,647 3, 251 3,523 1,804 Sheep _ _thous. of animals 1, 598 1,305 1,727 1,491 1,516 1,324 1,667 1,444 1,493 1,223 1,426 1,426 Prices: Packers, heavy, native steers (Chicago) . „ dolls, per lb__ .077 .118 .133 .120 .092 .095 .113 .100 .085 .073 .107 . 090 .090 Calfskins, No. 1, country (Chicago) dolls, per Ib .083 .156 .172 .117 .129 .144 .129 , 139 .129 .098 .135 .128 . 125 Stocks, end of month: Calf and kip skins thous of Ibs 27, 413 2 28, 325 2 29, 033 2 26, 027 2 24, 150 2 23, 662 2 23, 132 2 24, 104 2 26, 707 2 27, 553 2 28, 221 2 26, 972 Cattle hides thous. of lbs._ 227, 099 221, 343 212,299 206, 317 209. 697 216, 400 220, 846 223, 182 225,315 235, 649 237, 392 227, 647 Sheep and lamb skins thous. of Ibs. _ 34, 546 35, 223 34, 489 34, 368 34, 649 35, 376 34, 034 33, J 72 33, 296 35, 026 32. 926 34, 168 Total hides and skins thous. of lbs._ 283, 405 2 276, 000 2270,573 2269,758 2275,576 2 277, 434 2280,482 2282,591 2 295, 652 2 299, 434 2 290, 236 2 288, 617 Raw Sole and belting: Exports (sole only) thous. of Ibs.. Price, oak, scoured backs (Boston) dolls, per lb._ Production — Sole only .thous. of backs, bends, sides.. Sole and belting thous. of lbs__ Stocks, end of monthFinished thous. of IDS... In process of tanning thous. of Ibs.. 7 Ro vised. 531 .35 546 459 652 983 1,143 1,442 849 713 726 1,128 825 691 .39 .40 .37 .37 .37 .37 .37 .37 .38 .40 .41 .41 1,088 18, 765 1,160 19, 837 1,097 19,281 1,076 19, 522 1,034 18, 388 1,137 20, 406 984 18, 219 951 17, 386 1,087 19, 559 1,226 21, 993 1,071 18, 777 1,333 23, 418 80, 773 69. 172 81,319 68. 931 81, 906 67. 212 85, 626 67. 070 85, 848 67. 938 87, 196 68. 933 88, 044 71, 122 90, 321 72. 488 91, 827 73. 261 90, 878 74, 135 86, 331 77. 485 84, 036 78. 815 34 SUKVEY OF CURRENT BUSINESS December, 1931 MONTHLY BUSINESS STATISTICS—Continued 1931 Earlier data for items shown here may 1 be found in the 1931 Annual Supplement to the Survey October LEATHER AND LEATHER PRODUCTS— Continued Raw— Continued Upper leather; Exports thous. of sq. ft.. Price, composite, chrome, calf, black "B" grade. dolls, per sq. ft. . Production thous. of sq. ft StocksFinished thous. of sq. ft In process of tanning-thous. of sq. ft.. August July ! June ! May April March ary 1930 January | bS^" N( berm" October 7,926 6,529 6,635 7,463 9, 234 9,211 8,752 9,347 7,700 9,133 8,118 7,451 9,838 .330 .337 65, 543 .348 69, 826 .350 67,234 .352 63, 229 .356 60, 542 .356 62, 536 .352 61,515 .354 54,706 .359 52, 225 .367 57, 888 . 367 51,848 .372 65, 339 254, 306 126, 146 250. 478 131,095 246, 424 128,425 250, 612 126, 684 254, 142 124, 330 257, 195 125, 722 261, 057 127, 867 264, 392 128, 967 272,866 129, 513 280,856 127, 785 279, 023 133, 357 270, 902 137,513 226, 754 223, 837 164, 205 182, 077 171, 968 191, 120 175, 988 158, 485 162, 388 157, 079 236, 263 236,911 142 132 140 167 194 177 185 130 130 208 270 269 Manufactures Gloves and mittens cut dozen pairs 233, 334 Shoes: Exports thous. of pairs 136 Prices, wholesaleMen's black calf blucher (Boston) _. dolls, per pair. _ 6.55 Men's dress welt tanned calf, oxford (St. Louis) dolls, per pair-4.35 Women's black kid, McKay sewed dolls, per pair.. 3. 15 ProductionTotal. thous. of prs._ Men's thous. of prs._ Boys' and youths' thous. of prs Women's thous. of prs._ Misses' and children's -.thous. of prs__ Slippers, all types thous. of prs_. All other footwear .thous. of prs.- 6.75 6.75 6.75 6.75 6.75 6.75 6.75 6.75 6.75 6.75 6.75 6.75 4 35 4.35 4.35 4.49 4.60 4.60 4.60 4.60 4.60 4.72 4.85 4.85 3.15 3.15 3.15 3.25 3.25 3.25 3.25 3.25 3.25 3.45 3.55 31,555 2 233, 475 8, 245 7,423 1,991 2 2,078 13, 103 11,851 2, 785 22 3, 140 3, 931 4,459 2 2, 978 3,046 28, 614 7,349 1,739 10, 400 2,846 3,431 2,849 27,839 7,244 1,605 9,596 2,835 2,974 3,585 28, 452 6, 735 1,647 10, 058 3,128 2,812 4,072 29, 888 6,641 1,768 11, 042 3,846 2,454 4,137 29,364 6,254 1,654 11, 888 3, 712 2,045 3,811 23, 971 5,687 1,438 9,644 2,983 1,370 2,849 19, 889 5,250 1,418 7,573 2,495 853 2,300 17, 537 5,034 1,262 5, 401 2,003 2,044 1,793 18,541 4,740 1,271 5,034 ! 1.769 ! 3,953 1,774 \ 3.55 27, 731 6,436 1,558 10, 385 2, 393 4, 684 2,275 IRON AND STEEL New orders.. .. .. rel. to 1923-25 Prices, wholesale-rel. to 1926 Production index (Fed. Res. Bd.) _ rel. to 1923-25 Production index (elect, energy consumed) rel. to 1923-25 Stocks, manufactured goods, end of month rel. to 1923-25 Unfilled orders, end of inonth..rel. to 1923-25. . Ore Iron ore: Consumption thous of long tons Imports thous of long tons ReceiptsLake Erie ports and furnaces thous. of long tons Other r>orts . thous. of long tons Shipments* from mines thous. of long tons Stocks end of month— At furnaces thous of long tons On Lake Erie docks thous of long tons Totalthous. of long tons Manganese ore: Imports... thous. of long tons.. 42.6 86.2 56.0 86.6 246.8 86.6 56.2 87.1 59.0 86.9 57.9 87.2 83.6 87.5 74.5 88.1 59.9 88.4 66.9 88.1 70. 9 88.0 58.0 88.3 67.8 88,6 43 46 61 59 64 72 75 78 73 64 59 65 74 76. 3 78.3 78.0 83.1 86.6 106.8 108.1 119.4 11C. 5 103.4 110. 2 106. 5 126.0 125. 3 52. 9 2123.3 53.0 2 128. 7 53.4 130.1 57.6 136. 6 60.3 138.9 62.4 142.8 67.4 145.7 69.6 139. 7 68.6 141.7 71.6 146.4 76.3 146.1 69.4 147.1 67.4 1,451 70 1,470 99 1,652 92 1,832 128 2,114 122 2, 675 194 2,826 163 2,835 169 2,368 95 2,350 150 2, 339 176 2,640 74 3,050 186 2,029 1, 162 2,873 1, 440 3,229 1,658 3,191 1,735 2,369 1,428 599 656 9 106 0 0 0 0 0 0 0 0 1,634 993 4,011 1,675 3,094 4,179 5, 065 4, 956 3,808 1,769 176 0 0 0 o 1,988 5,531 33, 687 31, 998 29, 385 26, 451 23, 556 21, 968 23,292 25, 751 28,247 30,430 32,618 34, 761 34, 750 6,080 39, 767 5,974 37, 972 5,686 35, 071 5,366 31,817 5,157 28, 713 5,147 27, 115 5,430 28, 722 5, 765 31, 516 6,011 34, 258 6,190 36, 620 6,331 38,949 6, 466 41, 227 6,342 41, 092 21 27 22 38 37 21 33 2 10 17 29 10 IS 111 82 68 137 260 99 79 70 123 231 101 92 70 117 226 108 82 60 123 229 126 105 77 134 232 122 123 93 140 252 122 134 98 136 261 108 107 84 118 268 101 97 68 131 309 103 101 80 112 273 106 77 53 135 260 137 98 56 142 292 18, 145 2 17, 610 20.5 18.6 20, 123 22 18, 193 17, 484 18, 387 18, 494 819.0 18, 531 20, 513 19, 400 20.1 19,943 23,511 22, 176 24.5 23, 837 28, 132 28,328 32.2 31,450 36, 540 36, 086 36.3 36, 076 37, 693 34, 331 35.9 35, 210 36, 677 32, 566 34.4 33, 587 32, 663 32, 676 31.5 31,267 31, 536 26, 433 31.1 30, 431 27,474 27, 451 27.8 27, 114 25, 974 24,171 29.0 28, 785 29,206 18 Iron— Crude Gray-iron castings: Production. av. tons per foundry j New business av tons per foundry Unfilled orders av tons per foundry Material received av tons per foundry Material on hand., .av. tons per foundry.. Malleable castings: New orders _ .short tons Operating activities. ..per ct. of capacity.. Production short tons Shipments short tons Pig-iron production: Canada thous of long tons Merchant furnaces thous of long tons United States, total.. .thous. of long tons.. United States, total ...rel. to 1923-25-. Pig-iron furnaces in blast, end of month: Furnaces, end of month number.. Capacity, end of month.long tons per day.. ! Prices, wholesale: Basic (valley furnace)— dolls., per long ton..'1 Composite pig-iron dolls, per long ton.. Foundry, No. 2, northern (Pittsburgh) dolls, per long ton.. Iron— Manufactured Products 1, 173 39.3 1, 169 39.1 23 297 1,281 42.9 40 371 1,463 49.0 56 336 1,639 54.9 51 410 1, 994 66.7 404 2,020 67.6 57 356 2,032 68.0 46 317 1,707 57.1 36 292 1,714 57.4 38 396 1, 666 55.8 46 375 1, 867 62.5 40 373 2,165 72.5 70 36, 530 73 38, 600 76 39, 085 82 45, 230 91 50, 855 105 61,085 113 66, 980 116 67, 880 108 61, 850 102 57,365 95 51, 330 107 60, 205 111 65, 9G5 15. 25 16. 23 15.50 16.32 15. 50 16.38 15.50 16.38 15.50 16.40 16.25 16.64 16. 50 16.75 16.50 16.72 16.75 16.82 17.00 16.94 17.00 17.01 17.00 17.14 17.00 17.30 18.39 18.76 18.76 18.76 18.76 18.76 18.76 18.26 18.51 18.76 18.76 18.76 18.89 208, 072 195, 946 213, 852 1,106 201, 956 155, 723 159, 568 1,089 178, 101 156, 769 166, 923 1,069 174,244 154,650 148, 749 1,014 227, 605 150, 227 149,057 997 210, 584 95, 765 94,251 916 178,224 114,593 116,186 797 85, 399 163,390 98, 397 221,775 92, 702 181,966 721 1 621 85, 328 149,507 202, 835 769 250, 001 359, 206 445, 101 885 7,204 4,662 7,309 53, 558 5, 520 3,977 6,071 57, 274 4,948 4,654 5, 055 59, 876 4,525 5, 069 4,787 59, 770 3,741 6, 553 4,232 60,221 4,311 4,864 4,071 57, 794 3,912 5,509 4,183 56, 878 9,495 5,910 10,041 53, 686 14,521 8,291 17,774 59, 134 i Cast-iron boilers: Gas-fired boilers— : Production thous. B. t. u._ 105, 181 158, 495 Shipments tbous. B. t. u_. 247, 732 257, 941 Shipments ...dollars..! 270, 880 288, 422 842 Stocks, end of month. ..mills. B. t. u_. ! 978 Round boilers— \ New orders thous. of lbs__ i Production thous. of Ibs.J Shipments thous. of Ibs ; _ Stocks, end of month.. -thous. of Ibs. .; 2 Revised 6,412 4,109 5,724 54, 997 i I 1 i 7,193 3,614 7,131 51,657 35 SURVEY OF CURRENT BUSINESS December, 1931 MONTHLY BUSINESS STATISTICS—Continued 1931 Earlier data for items shown here may be found in the 1931 Annual SuppleOctober i ment to the Survey ber August July 19, 967 15, 264 19,413 137,143 14, 765 13,028 15,184 139,469 June 1930 May April March Febru- II January Decem- Novem- October ber ber ary IRON AND STEEL-Continued Iron—Manufactured Products—Contd. Cast-iron boilers—Continued. Square boilersNew orders thous. of Reproduction thous. of Ibs. Shipments __„ thous. of Ibs. Stocks, end of month thous. of Ibs. Cast-iron fittings: Production short tons. Shipments..., short tons. Malleable fittings: Production short tons. Shipments short tons. Kadiators: New orders.thous. sq. ft. heating surfaee. Production.thous. sq. ft. heating surfaceShipments, .thous. sq. ft. heating surface. Stocks, end of month ._ thous. sq. ft. heating surface. Range boilers: New orders number Production number Shipments number. Stocks, end of month number Unfilled orders— Total number. Delivery, 30 days number Delivery, more than 30 days.number, Steel—Crude Prices, wholesale: Composite, finished steel dolls, per 100 Ibs. Iron and steel composite dolls, per long ton. Steel billets, Bessemer (Pittsburgh) ..dolls, per long ton. Structural-steel beams (Pittsburgh) dolls, per 100 Ibs. Sheets, black, blue, galvanized, and full fin ished: New orders net tonsProduction— Per cent of capacity per centTotal ..net tonsShipments. net tons. Stocks, end of monthUnsold net tons. Total net tonsUnfilled orders, end of month. __net tons. Steel castings: New ordersTotal short tons. Miscellaneous short tons Railroad specialties short tons. Per cent of capacity ...per centProduction— Total— .short tonsMiscellaneous. short tons. Railroad specialties short tons. Per cent of capacity per cent. Steel ingots, production: Canada thous. of long tons_ TJnited States, total...thous. of long tonsUnited States, totaL _.rel. to 1923-25. Per cent of capacity per cent. U. S. Steel Corporation: Earnings thous. of dolls. Unfilled orders, end of month thous. of long tons. Unfilled orders, end of month rel. to 1923-25. 9, 771 9,122 11,500 12,200 10,049 8,091 13,256 13,140 15, 981 14,700 i 15,957 14,689 11,422 8,851 8,632 12,082 9,537 8,448 141,522 139, 773 136,840 129,643 124,238 117,622 3,650 I 4,442 : 4,059 4,779 4.165 4,508 4,976 5, 088 5, 603 5,379 5, 763 i 5,665 I 6,288 ! 5,897 i 6,446 6,758 6,506 5,358 7,188 7,222 9,122 9,995 2,466 2,964 1,959 2,041 2,114 2,330 2,365 2,489 2,471 2,784 3,075 2,995 3, 290 i 3,242 | 3,379 ! 3,432 | 3, 236 3,533 3,209 2,603 3.322 3,108 4,061 4,041 8, 365 4,572 7,960 6,606 4,194 6,834 6,428 5,025 5,759 4,863 5,164 5,003 4,330 5,957 4,293 4,451 I 6,781 ! 4,013 | 4,483 ! 6,801 ! 4,410 6, 267 6,961 6,091 7,471 4,097 6,866 9,089 4.79) 9,118 11,220 o, 852 12, 390 38,702 i I 39,927 38, 302 31,496 30,899 41,420 45, 626 39. 304 43. ?51 41'.077 24, 093 56,791 53,983 55,366 22, 519 44,834 47, 414 50,183 50,953 50, 632 48,978 | 45,969 | 43,613 ! 42, 109 39, 211 41, 754 23, 975 35, 674 32,003 33, 636 26, 518 39,066 \ 44,611 ! 46,036 28,151 | 39, 428 42, 012 41,001 29, 576 41,768 i 43,799 : 41,744 \ 28,565 | 43, 287 48, 250 47,148 26, 510 48, 733 48, 051 49, 861 25, 408 58, 233 60, 213 64, 033 27, 079 7, 126 ! 10, 470 5, 526 8, 470 1,600 2, 000 I | 10,115 8, 054 2,061 8,077 I 15, 047 5, 922 I 12, 752 2,155 ! 2,295 16,620 ! 9,944 i 6,676 20, 457 10, 882 9, 575 22, 722 11,712 11,010 46, 783 51, 295 1 50, 127 25, 143 2.18 1 2.20 2.19 30.81 i 31.03 31. 05 29.00 29. 00 29. 00 1.60 1.65 1.60 i 1 117, 195 2.21 i 2.22 2.23 2.22 2. 22 2.20 2,22 31.02 31.39 ! 33.61 31.66 31.65 31.70 31.76 I 31.95 32.31 29.00 29.50 | 30.00 30.00 30.00 30.00 30.60 I 31.00 1.65 1.65 1.63 1.60 1.60 ! 144,461 ! 163,599 j 148,612 j 191,987 236,310 168,564 180,863 58.2 34.9 i 46.3 40.3 56.6 ; 123,752 I 174,890 j 147,843 201,846 i 213,608 151, 529 ! 178, 460 | 156J160 191, 942 ! 211,118 61.1 224, 322 *«,„— 208,207 57.2 I 39. £ 45.1 43.6 192,218 I 167,865 i| 145,125 i 148,550 193,934 179,138 | 170,379 || 144,. 040 j 158,182 | 193,516 31.05 1 I 29.00 | 1.65 i 1.65 1.65 | 70, 465 67, 337 75,288 I 77,953 75,618 82,532 I 85,415 137, 243 j 143,153 149, 533 ! 160, 959 168, 013 169,444 ' 176,846 159, 367 ! 167,366 170,122 I 203, 358 | 304,107 296,731 : 325,169 22, 851 i 223,073 15, 890 1 * 17, 050 6,961 1 6, 023 16 16 I 24, 083 ! * 26, 948 16,717 i »19, 683 7,366 I 7, 265 17 i 19 ; 33 1. 592 1 1, 548 46.1 ! 44.8 28 ! 28 3,119 65.3 ! 2.19 i 31.00 1.60 j 233,289 I 135,682 1.60 158, 700 87, 496 83, 629 96, 248 | 91,024 180, 285 184,590 184,586 189, 213 360^479 j ! 378, 601 295^282 | 319',518 ),334 92, 047 189,915 181, 614 383,280 1 343,439 26,136 18, 539 7,597 18 39,052 : 46, 039 27,746 29, 844 11,306 , 16,195 32 27 i 48,184 37,172 11,012 33 40, 320 31,184 9,136 28 ! 49,387 ;| 30,131 : | 19,256 ! 34 48,123 31,628 16. 495 33 45, 552 32, 344 13, 208 KL32 30,186 !I 31,751 35,018 21,529 23, 339 25, 608 8,412 8,657 9,410 21 22 | 24 43,154 48, 282 31,083 35, 439 12,071 i 12, 843 33 30 i 56, 755 42, 544 14,211 39 49,548 46,294 ! 46, 290 35, 638 35,351 , 32,093 14,197 13,910 j 10,943 34 I 32 32 ; i 83 58 56 2, 502 2,459 72.4 71.1 49 43 44, 290 32, 445 11,845 31 597522 43,840 15, 682 72 2,212 64.0 44 41 65 2,693 77.9 50 27,458 I 20,610 i 19, 248 6,848 I 13, 621 23 19 | 52 ! 1,719 i 49.7 ! 45 i 1,886 j 54.6 ! 56 2,076 60.1 75 ; 2,505 72.5 ! 45 I 91 2,722 78.7 49 99 2,994 86.6 54 46,810 32,092 14,718 32 31 | 34 I 2, 559 2,960 ! 3,662 | 4,499 4,183 5,138 7,191 3, 145 3,169 3,405 | 3,479 3,620 3,898 3,995 i 3,965 j 66.4 71.3 i 81.6 83.7 83.0 65. 9 22, 464 9,807 12,657 2.20 | 2.19 120,688 122,849 33.1 32.0 122, 739 i 116,842 129, 365 j 123,371 ! 33, 760 23,068 39,158 121,666 4, 592 5,822 72.9 j 75.8 ' 6,156 6,118 i 4,191 7,949 10, 943 4,132 1 3,944 3,640 3,482 86.5 i 82.6 76.2 72.9 1,591 1,774 1,587 1,632 1,833 1,902 I 1 Steel—Manufactured Products Furniture, steel: Business groupNew orders thous. of dolls. Shipments thous. of dolls. Unfilled orders, end of month thous. of dolls. Shelving— New orders.. thous. of dollsShipments. thous. of dolls. Unfilled orders, end of month _ thous. of dolls. Iron, steel, and heavy hardware, sales rel. to Jan., 1921. Iron and steel: Exports Jong tons. Imports long tons. Lock washers, shipments thous. of dolls. Steel barrels: Production. .barrels. Per cent of capacity per centShipments barrels. Stocks, end of month barrelsUnfilled orders, end of month thous. of barrels-Revised . 17,723 21,377 10,857 12,858 16,837 21,480 109, 835 115,313 1,113 I 2 ! 059 1,010 1,078 U,188 2 1,057 1,092 1,074 j 1,272 I 1,221 j 1,306 1,305 1,424 1,481 1,487 1,522 1,478 ! 1,563 j 826 790 919 966 j 948 j 897 ; 896 ! 952 304 310 304 310 307 358 328 I 371 i 452 I 449 506 ! 409 | 408 I 423 I 455 481 378 383 390 441 i 483 112 110 117 I 124 129 ; 134 123 101,081 40,606 179 109, 512 33,343 177 91, 212 22, 479 163 59,335 i 69,768 23, 335 24,509 85 83 73,338 84,466 I 75, 585 21,898 28,225 i 30,987 84 i 122 96 91,407 29,689 172 489, 555 451, 562 449,590 I 580,565 552,955 35.3 31.7 31.6 j 40.7 | 38.9 492,145 452,960 455,502 | 581,450 ! 549,781 34, 704 37,294 38,692 j 44,604 j 45,489 610, 788 43.1 618,801 42,315 638 ! 914 1.030 ! 939 1.078 1,053 1,841 1,768 1,072 i 999 ! 1,182 1,227 401 382 418 j 422 i 283 515 503 587 645 424 404 409 641 676 104 110 i 123 139 175 92,745 ; 101,988 24,338 33,959 115 140 | 111, 968 34, 572 119 131, 850 29, 730 153 591, 399 550, 583 450,134 421,814 | 412, 283 497, 539 33.1 30.3 41.9 36.5 39.9 32.6 | 600, 566 554,332 449,485 427, 622 i 406, 327 500, 409 68,403 62, 447 50,328 59,495 63, 244 62,595 616,121 44.1 619, 558 65, 317 1,195 1.253 1,392 1,424 1.437 I 929 i 36 SURVEY OF CURRENT BUSINESS December, 1931 MONTHLY BUSINESS STATISTICS—Continued Earlier data for items shown here may be found in the 1931 Annual Supplement to the Survey 1931 October I August i July ! June 1930 j May j April i March ] IEON AND STEEL-Continued Novem- October ber January i i Steel— Manufactiired_Prodiicts~-Cont'd. Steel bars, cold finished, shipments-short tons-. Steel boilers, new orders: Area thous of sq ft Quantity number. . Steel plate, fabricated, new orders: Total short tons Oil storage tanks short tons Structural steel, fabricated: New ordersComputed total short tons Per cent of capacity per cent ShipmentsComputed total short tons.. Per cent of capacity.. per cent.. Track work, production . short tons 13, 034 467 i G72 i 11,576 12,600 14,413 692 893 695 827 687 816 16, 360 677 i 818 i 22,768 25, 141 25,011 21, 727 21,943 603 658 825 689 665 630 622 516 577 598 15,747 j 15,456 587 | 814 709 i 777 ! 20, 521 851 1, isy 20,664 ! 33, 473 4, 024 1,955 324.282 1, 138 i 27, 261 4,136 22,806 1 26, 210 4,679 ! 2,411 29, 916 7,749 31, 056 2,538 24, 438 3, 585 110,000 i 196, 800 49.2 27.5 '< 124, 400 31.1 159, 200 39.8 177,200 i 152, 800 38.2 44.3 ! 292, 800 73.2 184, 400 46.1 158, 400 39.6 27,518 ! 26,787 33,151 2,598 :! 5,118 i 9,965 i 162,400 ' •. 152,800 ! 151,200 40.6 38.2 I 37.8 150, 000 37.5 3,472 168,800 42.2 3,924 181, 600 45,4 4,409 162,400 40.6 5,705 148, 000 37.0 7,453 158, 400 39.6 8,564 151, 200 37.8 8,944 166, 400 41.6 6,321 172,000 l i 168,400 i 195,200 43.0 ; 42.1 ! 48.8 5,626 5, 174 j 4, 212 239. 200 33, 578 34, 980 134, 392 35, 463 37,633 139,498 46, 704 47, 922 138, 759 43,228 ! 42. 991 43,584 45, 512 145, 140 152, 208 40, 111 40, 449 163, 037 33. 196 34, 938 166, 158 28,041 30, 616 160, 851 56,494 52, 254 i 30, 813 68,564 i 36,008 35,489 148,909 ! 167,932 168,808 43, 750 48, 547 166, 248 145,600 36.4 2, 162 Enameled Ware Baths: 35,703 New orders _ no. of pieces Shipments no. of pieces _ 36, 022 131, 858 Stocks, end of month no. of pieces Unfilled orders, end of 12,001 month no. of pieces Lavatories: 43,238 New orders no of pieces 44, 963 Shipments no. of pieces Stocks, end of month no. of pieces-- 169, 509 Sinks: New orders . no. of pieces . 44, 237 Shipmentsno. of pieces-- 43, 437 Stocks, end of month. no. of pieces - 224, 726 Miscellaneous sanitary ware: 26, 854 New orders no. of pieces Shipments .. no. of pieces . 28, 175 Stocks, end of month ..no. of pieces-. 86, 401 Small ware (except baths): Unfilled orders, end of month no. of pieces -. 36, 503 Porcelain enameled flat ware: New orders706, 284 Total dollars Signs . .dollars _ 206, 012 205, 756 Table tops dollars 294, 516 All other ._ . dollars ShipmentsTotal dollars- 692, 415 Signs dollars-- 182, 077 Table tops dollars.. 201, 935 All other__ dollars.- 308, 403 12, 320 13,722 41, 489 43, 372 176, 825 43,521 45,262 190,225 43,518 43, 070 226, 440 43, 174 41,907 236,005 4, 5 is 209, 200 52.3 PCs r; 5, 102 17, 466 19, 987 20, 325 22, 087 24,642 36, 712 i 20, 466 25, 142 53, 226 53, 585 192, 552 49,181 I 51, 395 50,575 , 54, 520 209, 841 218, 067 45, 440 43, 221 232, 277 33, 851 36, 642 230, 817 30, 883 34, 438 212, 395 71, 113 93,870 192,072 72,493 41,227 48,023 i 47,078 214,472 ' 205,517 52, 509 58, 273 204, 496 51, 341 52, 963 245, 354 49, 928 51, 676 255, 269 54, 693 56, 845 260, 426 52, 771 49, 443 273, 154 41, 532 41, 787 267, 828 35, 873 39,211 259, 442 63, 074 61, 567 80,095 43,968 244,880 i 261,800 : 44. 897 51,027 253,374 58, 504 61. 4S6 246, 032 27, 106 29, 082 94, 260 27,463 26, 453 98,384 21, 243 24, 490 101, 673 22, 995 21, 719 107, 917 18, 641 18, 811 109, 508 15, 781 17, 768 107, 439 29, 785 25, 092 i 21, 453 33, 527 19,680 ! 22,065 106,152 i 112, 460 ! 108, 795 27, 840 29, 142 103, >^5H 51, 769 60, 293 53, 470 56, 686 15, 892 J 30,19 21, 911 22, 231 86, 640 27,324 28,073 ; 86,455 39, 702 41,457 ! 45, 680 17, 110 i 49,637 1 ; 65,566 r 109,086 61,605 74, 198 ! 515,383 1 195,764 i 85,009 . 234,610 853, PI!) 216, 180 203, 700 434, 039 468, 779 1 509,392 I 524,486 197,894 283,966 1 192,547 102, 199 ! 50, 680 i 80, 764 168,686 | 174, 746 i 251, 175 890. 285 236. 931 202, 470 450, 884 : 701, 487 213, 856 175, 642 311, 989 564.093 ! 649, 894 170, 313 : 245, 943 128, 350 168, 362 265, 430 235, 589 637,688 ! 716, 502 249,455 i 283. 526 132, 869 148, 700 255, 364 284, 276 670, 171 242, 938 161, 172 266, 061 707, 480 264, 769 173, 064 269, 647 623, 973 548, 403 412,512 263, 677 i 259, 070 ; 181,600 122, 836 104,522 || 50,271 237, 460 184,811 180,641 704, 428 222, 332 180, 650 301, 446 638, 431 690, 801 229,459 | 278, 732 131,675 163, 979 277, 297 248, 090 706, 838 290, 032 140, 545 276, 261 691, 107 256, 906 160, 892 273, 309 738, 358 293, 356 174, 347 270, 655 628, 969 270, 886 120, 623 237, 460 : New orders, net no. of pieces.. 100, 275 110,372 106,928 111,422 22 100, 466 , 118,358 Shipments no. of pieces Stock, finished, end of month-__no. of pieces-- 191, 933 199, 308 203,213 Unfilled orders, end of month.. _no. of pieces. _ 89, 409 2 100, 556 ; 96, 650 101, 784 i 122,642 135, 674 118, 510 108, 525 ; 126,368 125,652 i 127,055 211,622 200, 227 211,972 204, 586 108, 080 | 114,821 119, 578 109, 556 130,895 117,445 213, 574 118, 101 98, 869 ! 111,957 111, 689 ! 119, 725 ! 113. 168 I 108,021 i 215, 628 212.683 ! 247,513 ! 104, 651 125, 507 126,718 i Bathroom Accessories Total: Production no. of pieces. _ 154, 106 Shipments.-. no. of pieces.. 160, 839 629 268 1 17, 999 203,283 162, 497 192,246 621, 890 636, 388 739, 656 290, 429 151, 647 297, 580 Plumbers* Woodwork 2 84. 5 Revised. 105.5 121. 5 121, 546 121, 205 122, 745 158, 414 615, 812 j 617, Oil 88.9 85.6 82.0 : 84. 8 89.7 92.5 98.3 114.8 113.9 99.0 294 299 326 359 370 397 409 412 421 344 27, 906 25, 002 11, 554 7,150 30, 471 i 22, 647 25, 363 \ 16, 964 34, 527 1 28, 613 ! 13, 768 4, 985 17, 443 13, 976 25, 622 9,703 20, 400 22, 700 i 28,300 26, 600 Machinery 24, 700 20, 200 Total exports thous. of dolls Air conditioning equipment: New orders1,432 Total thous of dolls ' 1 485 61 83 575 562 Fan group thous of dolls : i 827 809 Electric hoists: New orders132 165 Quantity no. of hoists. .1 63, 032 Value. dollars.. 71,451 SI, 465 Shipments dollars .. i 62,493 Electric overhead cranes: 84 73 New orders thous. of dolls " 235 157 Shipments . thous. of dolls. Unfilled orders, end of 581 497 month thous. of dolls. 1 Foundry equipment: 1 31.9 New orders.. rel. to 1922-24, i 29.6 Shipments rel. to 1922-24. Unfilled orders, end of 35.6 month ._._.. rel. to 1922-24. s 181, 955 173, 588 177, 051 166, 084 628, 220 ! 623,316 189, 979 192, 848 625, 351 119,900 136, 536 225, 085 130, 210 ; Shipbuilding Rate of activity (clec. energy *••• consumed) . ._ . _rel. to 1923-25.Buikiing or under contract, end of month — -f Merchant vessels thous. of gross tons._ Completed during monthTotal. . -gross tons.. Steel, seagoing gross tons-- 163,462 144,466 640 886 160, 401 153, 120 648, 161 se, 928 104,088 232,467 123,050 1 359 7" 553 731 i 203 85, 526 73, 163 1 719 qq 832 : 794 160 ! 435 \ 736 990 2.1 i 788 623 220 192 90, 964 109,245 112, 143 i 122,189 91 345 16.9 37.4 1 538 127 ; 1, 671 1 205 781 I 685 31, 100 ! 29, 400 : 44, 000 1, 398 78 756 I 564 1, 307 99 ' 740 468 276 261 293 ' 142, 962 i 125,550 ! 117,216 115, 809 i 101,746 I 134,995 281 410 307 i 310 1, 264 1,413 ! 38.7 i 55.7 40.9 90.4 54.1 1 118.6 i 51.8 ; 70.1 123.8 274 416 i 1, 420 57.7 69.7 i 180. 1 1,180 64 585 531 359 j 306 29, 413 21, 045 25,971 53,551 i 18,391 ! 39,830 ! 51, 667 16, 895 37, 700 1 1 36, 100 ! 33. 200 30, 800 231 ! 267 126,592 i 122,136 i 106,459 | 115,849 259 141, 615 137, 608 1, 284 79 666 539 205 ! 335 113,862 133,295 112, 363 : 132,157 671 261 268 530 1,552 1, 207 174. 4 72.9 i 54.7 55.4 314.6 i 93.5 1 423 496 302 ! 671 370 ! 587 353 677 1,407 1,517 1 1,864 i 1, 948 65.3 54.7 59.8 1 102. 6 I 45.3 76. 5 1 50.0 62.0 94. 6 82. 3 124. 9 i 159. 1 37 SURVEY OF CURRENT BUSINESS December, 1931 MONTHLY BUSINESS STATISTICS—Continued Earlier data for items shown here may be found in the 1931 Annual Supplement to the Survey IEON AND STEEL-Continued Machinery—Continued Machine tools: New orders... ,..rel. to 1922-24_. Shipments rel. to 1922-24.. Unfilled orders, end of month. rel. to 1922-24.. Oil burners: New orders no. of burners,. Shipments ..no. of burners.. Stocks, end of month no. of burners.. Unfilled orders, end of month _ no. of burners.. Patents granted: Agricultural implements. .number.. Internal-combustion engines number.. Total, all classes ....number.. Pulverized-fuel equipment: New orders, central systemFurnaces and kilns_no. of pulverizers.. Water-tube boilers_no. of pulverizers.. New orders, unit system— Fire-tube boilcrs--.no. of pulverizers,. Furnaces and kilns.no. of pulverizers.. Watcr-tubeboilers.no. of pulverizers.. Pumps (water): Domestic shipments— Pitcher, hand, and windmill ..no. of units,. Power, horizontal type..no. of units.. Steam, power, and centrifugalNew orders. thous. of dolls.. Shipments .thous. of dolls.. Unfilled orders, end of month .thous. of dolls.. Purnps (gasoline and other): Shipments— Gasoline— Hand operated units... Power operated _ .units _. OtherHand operated units.. Power operated „ units.. Stokers, mechanical, sales: Power „ ^horsepower.. Quantity — number.. Water-softening apparatus, shipments . no. of units,. Water-systems, shipments no. of units,. Wood-working machinery: Cancellations. thous. of dolls.. New orders. thous. of dolls.. Shipments thous. of dolls.. Shipments . no. of machines.. Unfilled orders, end of month thous. of dolls,. NONFERROUS METALS AND PSODUCTS Prices, wholesale, metal and metal products.rel. to 1926.. Production index (Fed. Res, Bd.) .rel. to 1923-25.. Production index (elec. energy consumed) „ rel. to 1923-25,. Stocks, end of month __rel. to 1923-25.. Stocks, raw materials, end of month... _ rel. to 1923-25.. Raw Materials Babbitt metal consumption: Direct by producers. _ .thous. of lbs_. Sale to consumers thous. of lbs_. Total apparent thous. of IDS.. Copper: Exports, refined short tons.. Domestic shipments, refined-.short tons.. Price, wholesale, electrolytic (N. Y.)_. dolls, perlb.. ProductionIndex (Fed. Res. Bd.).rel. to 1923-25,. Mines._ short tons.. Refined (N. and S. America) short tons,. Smelters... short tons.. Stocks (N. and S. America), end of month— Blister short tons,. Refined ..short tons,. Refined rel, to 1923-25.. World production, blister short tons.. Lead: Ore shipments— Joplin district .short tons.. Utah short tons.. Production, refined short tons.. Production (Fed. Res. Bd.).... rel. to 1923-25.. Price, pig, desilverized (New York) ....dolls, per lb_. Receipts in United States, ore.short tons,. Rp vised. 1931 October August j July 45 I 85 50 92 97 ' 13,542 14, 234 72 96 140 182 202 12, 329 12, 536 10, 621 10, 035 10, 155 8,010 7,491 10,113 8,320 9,748 1,177 1,869 I 2,076 1,490 62 66 | 54 69 55 60 4,074 | 4,750 | l| 032 i l| 063 I 4,088 May June 62 72 74 95 212 6,046 6,044 I 3,962 1930 87 96 | 232 ! 5,132 April 105 91 March 118 ! 92 | 67 75 84 73 69 85 238 225 j 204 179 203 5, 528 3, 699 3,531 5,026 8,645 3,842 4,046 8,572 9,193 | 5,562 8,553 10, 036 4,836 ! 4,406 i 8,603 I 971 I 969 1,399 1,119 I 689 521 79 67 60 i 58 4,270 68 ! 4,789 j 44 76 3,715 41 58 3,215 5,270 Decem- Novem- October ber ber Febru- January ary 5,248 67 68 4,167 I 5, 025 1 0 0 0 2 0 2 2 1 0 2 4 3 14 1 1 9 2 2 13 3 0 2 6 i 0 8 24, 255 2,145 25, 181 1,772 32, 902 1,657 2* 197 j ~2,312 | 1£ 229 i "% 135 ! 6,861 7,855 8, 319 I 18,152 IS, 580 8,677 724 j 1,718 52 ! 54 i 3,023 i 41 49 2,871 I 58 67 4, 251 0 0 0 0 5 2 15 0 0 0 ; 33 24, 873 23, 050 1,564 i 1, 325 238 230 8,604 725 90 103 60 67 0 2 10 21,562 ! 1,238 ; 26,917 1, 992 2599 ! 886 | 775 800 874 j 944 875 I 1,028 I 921 | 1,037 I 1,075 918 950 1, 036 765 873 773 718 1,047 1,205 867 i 1, 116 i 1,027 1, 167 2,023 I 2,161 I 2,450 2,441 i 2,471 i 2,605 j 2, 762 2,616 2,717 2,826 2, 812 2,975 | 3,124 3,276 ; 4,309 | 4,585 i 5,742 1 5.019 7,735 6,041 i 10,263 j 37,355 1,077 | 563 695 2 2 2,986 ! 3,837 | 2 2 2, 715 3,676 I 22,479 291 18,645 i 458 ! 22, 708 501 37,600 | 37,287 985 i 1,162 20,339 83 22,462 I 96 | 31,171 132 | 20,735 101 , 29,889 111 i ' 80 18, 723 65 17, 993 63 13, 849 66 518 6,030 500 i 6,681 i 429 ! 7,850 I 525 7,640 ! 567 8,694 ! 605 9,090 692 7,638 756 6,105 591 5,434 664 6,010 566 5, 177 16 533 448 421 38, 276 92 21,103 71 647 ! 6,401 | 655 7,522 ! 1 S j 17 605 564 441 i | I I 46 503 J 463 I 391 | 21 487 I 513 ! 393 | 10 484 451 356 16 527 545 400 13 474 491 421 9 486 383 400 21 470 500 529 16 459 506 442 I 534 | 479 I 516 ! 518 479 502 557 467 520 636 87.1 I | 266 i 87.5 ! 87.8 88.7 89.0 88.9 89.3 90.0 90.2 ' 90.4 73 73 77 79 78 85 87 95 8 377 347 371 i ! ! | 345 379 ! 331 ! 447 572 513 340 ! 336 356 87. 2 25, 902 11, 726 85 1 53 87.4 65 71.0 | 75.0 202. 0 | 2 200. 9 1 73.3 ! 199.9 ! 69.3 203.3 78.6 213.7 94.0 219.3 94.6 220.4 103.5 219.9 112.3 224.4 95.0 227.4 97.8 228.1 89.6 231.1 87.0 234.1 157.1 j 2152.0 I I 147.9 I 137.7 127.7 I 122.4 126.9 144.8 130.7 130.9 129.6 139.8 134. 1 497 i 404 1,355 i 1,377 1,852 1,781 511 1,420 1,932 702 1,605 2,307 731 i 716 1,844 1,678 2, 409 | 2,560 832 1,829 2,661 687 1,820 2,507 766 2,090 2,856 647 1,459 2,107 791 1,904 2,695 1,033 2,069 3,101 17,201 ! 19,271 40,459 i 45,816 22, 381 43,144 23,244 50,217 24, 179 54, 567 31, 536 74, 685 28, 947 60, 636 42, 192 60, 209 32, 208 69, 854 37,773 ! 62,693 j 30, 715 75, 703 .0770 552 i 1,495 ! 2,047 ! 11,429 .0678 .0729 I 59 38,088 ! 38,925 I 86,704 j 90,190 47,012 j 47, 246 22.951 45,265 .0803 .0867 ! .0939 .0985 .0972 . 0984 .1030 .1011 \ .C960 59 67 38,228 ! 44, 473 as! 69 45,580 j 46, 452 70 48, 702 76 47, 504 72 48, 059 76 48, 726 83 ! 53,141 83 55, 954 98, 275 51, 652 102,695 | 100, 501 53,734 i 52, 085 102, 058 57, 922 106, 366 112,640 60, 022 64,816 118, 229 70, 419 ' 187,353 ; 190, 578 193,876 198, 811 203, 224 210, 637 218, 799 223,280 I 413,474 ; 398, 667 367, 921 354, 205 363, 629 363, 827 367, 175 369,832 1 365.3 i 352.2 325. 0 321.4 321.2 324.4 312.9 32fi. 7 i 126, 722 130. 486 128, 877 136, 958 128,685 129, 390 136, 252 143, 214 240, 145 364, 930 322.4 157, 3-14 46, 503 i 178,425 i 176,105 J 179,658 I 479,896 ! 455,775 440, 417 ! 423.9 402.6 i 389.1 ! 120, 689 | 121,655 121, 504 | 2,911 3,064 I 2,290 1,432 I 1,881 1,995 34,807 i 25,305 27,711 I 31,577 | 28,806 ! 41,576 i 34, 818 36,546 I 31,966 34,144 | 32,157 30,708 I 39,519 | QP; XOQ 68 67 . 0396 .0440 .0440 33,104 ] 33, 228 33,385 64 ! .0440 30,136 60 ' 78 | .0392 I 32,551 i 35,677 .0441 34,694 3,762 35, 498 At 77 K 99, 853 102, 458 55, 229 53, 429 2,508 46, 902 QO AKA 79 82 .0453 37, 878 .0455 35, 512 2,721 55,331 A? 2,896 48, 705 Afie. AQ K17 83 92 .0480 i .0510 42,110 !' 40,462 3, 9G3 48, 400 A? /lO*} 83 .0510 ! 38,820 i 3,361 63, 584 Kft ACif> 94 . 0515 40, 237 38 SURVEY OF CUEEENT BUSINESS December, 1931 MONTHLY BUSINESS STATISTICS—Continued Earlier data for items shown here may be found in the 1931 Annual Supplement to the Survey 1931 October SeptemAugust ber July June 1931 May April March Decem- N o veraOctober ber ber Febru- January ary JVONFERROUS METALS AND PRODUCTS— Continued Tin: Raw materials— Continued Deliveries (consumption) long tons Imports (bars, blocks, etc.) long tonsPrice, wholesale, Straits (New York) dolls, per lb.Stocks, end of monthUnited States long tons.. World visible supply long tons.. Zinc: Ore, Joplin districtShipments . ._ short tons.. Stocks, mines, end of month short tons.. Price, slab, prime western (St. Louis). dolls, per lb.. Production short tons Retorts in operation, end of month . . number.. Stocks, end of month short tons.. 5,385 Wood Pulp Ground wood: Consumption and shipments Imports -. - Production Stocks, end of month 5,100 5,587 5,185 4,698 5,505 5,483 6,630 6, 126 6,120 6,986 5,100 5,903 7,210 8,113 7,495 6,659 6,270 6,470 .2468 .2575 .2502 .2341 .2320 .2512 .2707 .2631 .2610 .2527 ,2589 .2686 5,868 50, 722 6,213 50, 987 5, 698 51, 231 6,212 48, 462 7,917 48, 607 5,862 49, 339 4,904 43, 619 4,693 42, 498 5,372 40, 811 4,823 39, 676 5,015 4,882 .2272 6,773 50, 602 5,833 51, 707 5,633 51, 626 7,580 5,929 17, 113 20, 243 12,059 14, 395 22, 470 27, 261 17, 163 25, 389 25, 987 31,056 39, 478 33, 474 81, 190 79,533 76, 566 70, 935 65, 480 61, 110 63,001 58,534 56, 013 47, 000 49, 441 45, 689 .0338 21, 674 .0374 21, 356 .0382 21, 467 .0389 21, 365 .0342 23,483 .0331 25, 688 .0372 29, 137 .0400 32, 328 .0401 29, 562 .0404 | 32, 522 0410 32, 733 .0427 32, 097 . 0408 40, 922 23, 774 130, 666 22. 817 130, 155 21, 705 129, 701 21, 666 131, 833 21, 422 138, 928 23,024 143, 049 29,072 143, 212 34, 221 141, 493 35, 518 144, 389 35, 635 33, 640 145,076 | 143, 618 37, 492 145, 139 41, 004 143, 327 1,231 3,975 1,956 1,732 2,680 1,791 2,046 2,358 2,202 3, 317 2,007 91, 564 51, 016 522 1,159 76, 659 1,834 93, 677 47, 994 801 1,164 115, 736 2,044 131,815 73, 659 1, 156 1, 615 113,316 1,023 Manufactured Products Electrical equipment: Delinquent accounts, electrical trade. (See under Distribution movement.) Electric furnaces, new orders_._kilo watts. . Electric goods, new orders (quarterly) thous o* dolls Electrical porcelain, shipmentsGlazed nail knobs -thous. of pieces. . Special .dollars Standard .dollars.. Tubes thous. of pieces. _ Unglazed nail knobs, thous. of pieces.. Industrial reflectors, sales units. . 59, 103 Laminated phenolic products, shipments thous. of dolls. . 577 Manufactured mica — Shipments thous. of dolls _ 76 Unfilled orders, end of month thous of dolls . 73 Motors (direct current)— Billings (shipments) dollars.. New orders - dollars. _ Nonmetallic conduits, shipments.. thous. of feet.. 2,005 Panelboards and cabinets, shipments thous. of dolls _ Power cables, shipments... thous. of feet.. 1,137 Power switching equipment, new ordersIndoor dollars.. 37, 547 Outdoor ...dollars.- 244, 122 Vacuum cleaners shipments units Vulcanized fiber — Consumption - thous. of lbs__ 1,398 Shipments, total thous. of dolls.. 313 Welding sets, new ordersMultiple operations units Single operation units _ Miscellaneous products: 68.3 Brass sheets rel. to 1926.. Copper-wire cloth308 New orders. .-thous. of sq. ft.. Make and hold orders, 522 end of month thous. of sq. ft.. 338 Production thous. of sq. ft__ 312 Shipments .thous. of sq. ft.. 910 Stocks, end of month .thous. of sq. ft.. Unfilled orders, end 129 of month ._ .thous. of sq. ft.. Enameled sheet-metal ware, shipments dozen pieces.. 255, 782 Pails and tubs, galvanized— Production dozen pieces.. 98, 340 Shipments dozen pieces.. 88, 270 Other galvanized ware — 26, 626 Production dozen pieces Shipments - dozen pieces. . 27 792 PAPER AND PAPER PRODUCTS New orders - - rel. to 1923-25 Production index (Fed. Res. Bd ) rel. to 1923-25 Production index (elect, energy consumed) (paper and pulp) _ - rel. to 1923-25. Stocks, end of month rel. to 1923-25.. 5,270 5,249 5, 607 96. S 3 157, 472 4,599 1,489 3182,486 3 224, 348 8208,936 2,038 82, 485 42, 562 869 1,095 54, 691 1,643 74, 183 38, 303 971 901 56, 735 1,482 66, 906 33, 042 516 562 61, 794 1,263 77, 194 41,331 592 929 66,188 2,061 78, 983 57, 462 1,309 2,323 67, 256 2,144 76, 313 52, 009 890 1,281 72, 003 1,458 78, 716 52, 599 783 1,224 69, 484 2,523 86, 471 64, 823 1,125 1,386 68, 285 2,253 86,976 87,794 875 1, 752 65,501 644 637 623 637 711 633 689 630 605 551 674 79 103 81 92 128 135 142 137 133 101 132 150 81 87 100 97 119 138 110 141 105 ; 104 90 104 365, 930 413, 864 365, 877 299, 081 360,444 377, 129 4,50, 165 402, 130 455, 325 440, 476 473, 767 536, 272 445, 833 396, 958 418, 228 450, 204 393,558 ! 500, 165 680,251 ; 617, 454 433, 530 457, 518 621, 114 474,611 3, 356 4,487 2,777 2,447 4,091 5,112 3,508 3,667 3,997 3,713 4,067 32S 806 367 840 336 890 338 1,106 339 1, 303 324 1,819 345 1,630 373 1,326 383 i i,13S ; 40, 586 188, 043 48, 707 175, 629 37, 952 47, 041 360, 325 35, 447 52, 697 240, 081 43, Oil 73, 567 208,713 70, 303 111,875 216, 145 79, 527 75, 303 269, 425 82, 279 64, 736 201, 344 71,551 1,407 332 1, 345 348 1,783 344 1,624 402 1,541 419 1,475 432 1,975 484 1,652 426 0 115 0 80 0 120 o 134 0 165 8 169 11 177 4 136 79.7 80.9 82.5 82.8 86.8 90.4 91.4 89.7 339 326 328 275 275 299 357 309 509 333 316 911 504 330 330 889 546 302 324 898 560 253 274 934 514 256 277 1,073 554 340 297 1,096 557 330 308 1,079 530 297 304 1,083 1 i ! i 2,417 . 1,678 1,824 1,957 76, 052 ! 77, 248 228,862 178, 160 55,362 ; 78,611 69, 202 219, 232 78, 626 84, 160 342, 771 73, 934 1,369 i 385 ; 1,421 318 1, 513 359 1,824 465 23 ; 155 : 13 152 2 153 f, 200 90.7 93.6 92.7 88.9 404 337 269 303 539 344 309 1,145 530 310 303 1,176 606 385 356 1,160 574 i 332 !! 311 1,097 ; 135 134 158 145 302 174 186 211 165 166 199 307, 068 251, 544 246, 858 232, 672 264, 953 281, 339 312, 916 289, 205 267,232 j 250, 568 263, 365 329, 337 110, 253 2 134, 003 120, 851 129, 693 103, 345 114, 134 92, 460 90, 747 121,413 122, 072 143, 258 140, 080 147, 278 144, 052 132, 781 120, 723 103, 677 138, 538 i 87, 140 68, 898 60, 798 68, 330 130, 906 115, 185 26, 304 28, 724 28, 390 34, 188 34, 929 42, 287 31, 542 29, 579 34,347 28, 142 23,716 25,958 21, 657 15, 915 16, 061 21, 296 40, 084 41, 126 106. 0 217 32, 276 38, 007 34, 709 32, 764 26, 970 27, 334 93. 8 290.5 93.2 90.7 102.7 101.3 99.3 96.7 97.2 85.8 93.2 104 105 109 2109 113 110 110 110 106 98 103 107 121. 7 128. 6 104.0 128.6 112.4 129.7 135.1 126.1 109.6 131.2 123.0 123. 4 127.0 128.6 111.8 125.9 117.0 122.6 112.3 121.7 120.0 127.4 100, 180 14, 433 87, 638 91, 434 111,463 17, 725 102, 197 103, 975 118,371 13,512 121, 103 115,235 118, 157 12, 851 136, 858 111,832 116,914 23, 136 136, 438 93, 131 111,165 14, 652 116,311 73, 606 96, 823 15, 656 95, 937 68, 460 108, 349 109, 740 14, 394 i 27, 024 107, 208 110,578 69, 346 75, 498 110,502 21, 776 102, 957 74, 660 121, 335 31, 305 96, 465 82, 205 113.0 122.2 138.3 128.2 short tons 21, 842 short tons short tons short tons 2 Revised. 106, 094 18, 750 96, 920 82, 260 : 3 Quarter ended in mouth indicated. 39 SUEVEY OF CURRENT BUSINESS December, 1931 MONTHLY BUSINESS STATISTICS—Continued 1931 Earlier data for items shown here may be found in the 1931 Annual Supplement to the Survey August October September July June May April March 24, 278 25, 508 4,620 23, 502 24, 362 4,502 23, 572 24, 834 4,660 25, 960 27, 230 4,480 27, 412 28, 102 4,414 27, 660 29, 304 4,998 27, 884 29, 422 4,624 28, 512 29, 102 4,366 27,128 28,560 5,118 28, 346 28, 966 4,936 28, 954 30, 684 5,642 19, 026 49, 300 2.15 16, 922 5,052 17,544 52, 061 2.15 17, 924 5,578 16, 790 52, 745 2.15 19, 092 5,500 19, 020 34, 483 2.15 19, 494 4,256 21, 178 30, 724 2.15 21, 076 3,936 18,882 34, 289 2.35 18, 878 4,316 20, 554 50, 271 2.48 19, 384 4,320 20, 194 87, 600 2.48 20, 354 5,490 18, 272 63, 870 2.48 17, 860 5,474 18, 238 76, 850 2.48 18, 532 5,886 22,316 52, 286 2.48 22, 166 5,592 37,818 29,510 37, 736 5,718 35, 448 23, 109 35, 262 5,800 38, 080 29, 558 39, 048 5,986 37, 440 28, 614 38, 262 5,018 37, 272 30,611 36, 092 4,196 40, 544 32, 863 40, 600 5,376 43, 090 25, 592 40, 462 5,320 41,616 36, 095 41, 402 7,948 38, 844 30, 322 38, 698 9,206 40, 634 30, 595 40, 938 9,352 48, 118 30, 484 47, 790 9,048 108, 924 107, 430 23, 710 105, 294 107, 664 23, 626 111, 282 115, 200 21,558 110,722 110, 840 18, 698 115,960 115,974 18,734 115, 794 115,022 18, 998 117, 122 112, 552 19, 770 121, 774 120, 628 24, 340 116,830 120,780 117, 158 i 121,276 28, 720 i 28, 392 141, 852 140, 264 27, 896 2 36, 630 2 38, 522 2 5, 384 38, 156 39, 228 6, 050 39,828 40, 948 7,524 39, 590 41, 870 9,076 39, 082 41, 292 9,594 34, 014 36, 542 10, 152 35, 880 38, 104 10, 092 33, 722 36, 674 10, 426 33, 190 36, 204 10, 006 34,110 37, 208 9,494 41, 446 44, 454 8,974 754 890 462 1,078 1,202 326 778 774 202 1,072 514 206 844 898 764 1,184 1,188 710 1,016 1,098 706 1,258 1,190 624 170, 586 172, 350 34, 176 168, 030 172, 456 34, 504 175, 460 181,756 33,944 177, 344 180, 454 32, 460 183, 298 186, 266 33, 506 178, 652 182, 056 34, 858 181, 902 181, 176 35, 192 185, 266 187, 594 39, 756 177, 272 182, 014 43, 872 183, 346 187, 572 42, 882 212, 388 215, 570 42, 560 199,229 'i 162, 528 190,502 211,782 173, 258 200, 199 7, 520 6,261 7,114 53.1 64.5 65.3 211,691 176, 483 203, 381 209, 660 175, 170 202, 042 72, 451 71, 138 74, 482 228, 588 247, 209 8,391 68.5 253, 889 251, 810 69, 799 PAPER AND PAPER PRGDUCTS-Con. | Wood Pulp—Continued Soda: Consumption and shipments, short tons.. 21, 558 Production.. short tons.. 21, 528 Stocks, end of month . short tons 3,598 Sulphite, unbleached: Consumption and shipments short tons i 16, 698 53, 014 Imports short tons 49, 314 Price -. dolls, per 100 Ibs 2.15 2.15 Production short tons 19, 800 Stocks, end of month short tons 6,388 Sulphite, bleached: Consumption and shipments, short tons. . ... __ 35, 784 Imports. short tons..) 29, 169 34, 943 Production . short tons 36, 232 6,166 Stocks, end of month short tons.. Total sulphite: 105, 666 Consumption and shipments short tons Production short tons_. 109, 558 Stocks, end of month short tons 25 836 Sulphate: 35, 202 Consumption and shipments short tons 36, 866 Production short tons 4,604 Stocks, end of month short tons Other grades: Consumption and shipments.. short tons_. 986 942 Production short tons Stocks, end of month short tons 418 Total chemical (all grades): Consumption short tons 163, 412 168, 894 Production short tons Stocks, end of month __ _ short tons 34, 456 Paper Box board: Consumption of waste paper. ..short tons,. New orders ..short tons Operation thous of inch hours Operation p. ct. of capacity,. Production short tons Shipments . short tons Stocks, end of month short tons.. Stocks of waste paper, end of month— In transit and unshipped purchases _ short tons At mills _ short tons Unfilled orders, end of month. short tons.. Newsprint: Consumption by publishers, United States short tons Exports, Canada short tons Imports, United States short tons.. Price, roll, f. o. b. mill .dolls, per cwt Production — Canada ... short tons United States, total short tons Per cent of capacity per cent Shipments— Canada ... ._ . short tons United States __ short tons Stocks, end of month— At millsCanada _ . . short tons United States short tons At publishers, U. S short tons... In transit to publishers, United States short tons.. Other paper: Binders' board, production... short tons Book paper: Production. . short tons Per cent of capacity per cent Shipments short tons.. Stocks, ead of month short tons New ordersCoated p. ct. of normal production. _ Uncoated.p. ct. of normal production Unfilled orders, end of month— 1 Coated days' production ! UDcoated. ._ -days' production i Fine paper: i Production short tons Per cent of capacity.. ... percent i Shipments short tons i Stocks, end of month _ short tons Wrapping paper: Production . short tons ; Per cent of capacity.. per cent Shipments short tons Stocks, end of month short tons All other grades: Production short tons.. Shipments short tons j Stocks, end of month short tons * Revised. 1930 Febru- January Decem- j Novem- October ary ber ber 2 2 2 209, 903 218, 527 7,840 64.8 218, 157 218, 489 79, 248 205, 084 235, 382 7, 946 70.9 221, 684 221, 261 79, 580 200, 138 215, 752 7,685 65.9 213,614 218, 244 79, 157 213, 686 221, 048 8,114 69.6 222, 927 221, 980 83, 787 208, 513 223, 990 8,200 70.3 224,110 223, 328 82, 840 227, 125 236, 173 8,727 77.8 232, 020 231, 746 82, 058 206, 511 224, 021 7,903 67.8 230, 537 227, 806 81, 784 210, 590 222, 511 8,175 70.1 226, Oil 224, 023 79, 053 191, 331 198, 296 7,345 71.2 205, 785 203, 202 77, 065 36, 055 151,658 61, 365 45, 386 149, 029 61,327 47, 549 148, 042 47, 206 47,052 166, 006 49, 698 50, 558 169, 570 50, 630 39, 209 182, 812 49, 968 25, 026 167, 478 45, 541 51, 301 167, 846 49, 326 35, 229 34,510 i 34, 292 191, 507 197,699 i 201, 597 53, 622 50, 838 55, 744 30, 649 184, 598 55, 534 34, 910 177, 486 57, 377 173, 852 171,031 180, 230 152, 422 161,171 159, 946 146, 249 160, 175 157, 037 157, 119 157, 205 173, 457 161, 265 189, 739 188, 919 179, 836 185, 432 192, 688 174, 325 152, 360 175,242 179, 340 200, 545 169, 345 3.10 150, 403 160, 660 144, 236 153, 362 148, 388 172, 110 3.10 3.10 166, 645 225, 495 194, 144 3.25 184, 615 173, 149 195, 953 3.25 183, 388 200, 776 209, 944 3.25 184, 252 97, 117 63 78, 412 91, 241 64 165, 124 88, 344 59 182, 731 99, 548 67 193, 971 101, 086 68 202, 607 101, 202 69 205, 838 102, 450 70 187, 005 100, 590 68 164, 552 182,657 184, 755 99, 276 88, 788 101, 990 69 j 69 65 201, 703 92, 237 68 213,817 105, 450 72 191, 725 98, 616 178, 181 90, 303 162, 303 89, 047 175,350 97, 225 194, 144 100, 087 202, 280 102, 555 205, 752 101, 819 187, 730 101, 044 162, 350 180,027 90, 901 100, 440 188, 845 213,673 99, 062 93, 631 221, 748 102, 808 42, 963 31,953 190, 367 50,451 33, 517 197, 716 49, 128 32, 607 202, 121 47, 288 33,616 203, 944 39, 832 33, 908 189, 990 39, 962 32, 956 178, 333 39, 754 34, 289 185, 560 39, 850 32, 254 190, 728 42, 259 38, 768 33, 627 32. 903 211, 142 217, 889 36, 777 32, 061 217, 651 40, 372 31, 818 198, 151 52, 547 33, 318 211,716 38, 022 34, 379 30, 879 34, 566 39, 041 44, 859 45, 352 44,011 39, 486 39, 022 38, 821 50,539 41,017 ' , 323 1,695 2,069 1,535 1,486 1,809 1,401 1,543 1,515 1, 477 1,317 1,894 98, 563 106, 439 69 ' 71 101,323 ! 104, 097 89,440 , 92, 684 106,015 71 107,075 89, 984 113,022 77 111,327 90, 985 117, 609 78 113, 140 92, 464 117,374 79 118,782 87, 395 117, 984 80 119,026 89, 088 100, 188 93, 897 75 73 101, 090 93, 428 114,302 115,340 103, 525 74 106, 838 114,766 114,308 125, 335 79 85 117, 849 127,466 90, 353 94, 413 57 59 53 61 58 60 52 65 70 67 76 68 64 74 76 ! 76 66 65 69 83 67 68 70 5 5 5 5 6 5 5 6 7 6 7 6 6 6 8 6 6 7 6 7 5 7 5 26, 443 55 27, 606 57, 489 26, 386 55 27, 441 58, 658 26, 408 55 27, 728 59, 723 29, 364 59 28, 395 62, 725 30,793 64 31, 501 61, 758 32, 451 67 33, 100 62,459 35, 141 74 33, 981 62, 905 32, 534 73 32, 339 61, 340 32,835 1 25, 485 66 52 34,707 I 24, 873 61, 148 68, 310 29, 085 64 28, 387 67, 701 34, 486 72 34, 624 67, 009 2 78, 360 81 90 69, 120 '. 22 76, 479 77,451 77, 047 78, 074 88 78, 777 75, 146 78, 174 87 76, 845 76, 051 78, 377 88 76, 888 78, 107 79, 261 91 80, 371 76, 582 75, 404 85 76, 083 77, 718 72, 281 71,826 i 74, 554 82 ! 88 1 78 71, 920 71,970 i 73, 137 78,404 78,047 72, 333 76, 628 83 77, 701 70, 881 83, 905 84 84, 744 71,916 77,505 ! 2 78, 721 79,574 2 81, 315 66,020 2 68, 192 74. 728 74, 062 70, 755 75, 655 75, 895 69, 174 78,509 83, 882 68, 734 80, 983 81, 268 71, 545 74, 123 74, 186 69,540 70, 054 69, 735 67, 618 78,378 i! 75,094 72,122 ' 71,717 65,594 |! 65, 777 77, 846 78, 349 62, 400 87, 455 88, 985 62, 903 1 69, 537 SUUVEY OF CURRENT BUSINESS 40 December, 1931 MONTHLY BUSINESS STATISTICS—Continued Earlier data for items shown here may be found in the 1931 Annual Supplement to the Survey 1931 1930 I October September ! August 1 PAPER AND PAPER PRODUCTS-Con. Paper— Continued Total paper (including newsprint and box board) : Production short tons.. Per cent of capacity per cent-Shipments _ _short tons__ Stocks end of month short tons.. 584,973 70 589,187 403,497 !; July June 2591,414 ! 607,700 I 621,411 70 ! 71 67 2596,623 i 606, 847 615,877 2408,345 413, Oil 415,681 Novem- October aryU" January December ber May April March 638,510 72 639, 712 416, 077 643, 056 74 643, 146 414, 054 629, 233 73 628, 343 410, 558 583, 748 71 585, 946 408, 407 622,055 66 621,365 406,587 i 551, 080 | 65 i 545, 049 i 425, 234 573, 174 69 573, 538 419, 278 668, 710 74 669, 809 419,711 60 58 60 70 57 57 80 65 76 305,274 i 283, 933 77, 921 75, 507 383, 195 359, 440 66 347, 876 80, 360 42S. 23fi( 7J 425. 900 02, 488 518,388 87 47, 878 78, 707 Paper Products Abrasive paper and cloth: Shipments — Domestic reams _ 53 348 Foro' (r n reams _ 6, 942 Paper-board shipping boxes: Operating time— Corrugated— p.ct.of normal-81 Solid fiber.. p.ct.of normal-66 Total - ,_- ~.p. ct. of normal-77 Production— Corrugated —thous. cf sq. ft.. 438, 296 Solid fiber thous. of sq. ft_. 101, 997 Total thous. of sq. ft.. 540, 293 Rope paper sacks, shipments-.rel. to 1921-22.. 69 53, 373 6,552 54, 721 7,131 51, 948 7,832 54. 431 8,705 62, 268 8, 236 65, 452 9, 525 64, 910 9, 528 56, 004 8,261 53,752 1 9,290 j 82 71 79 80 68 77 78 68 76 81 71 79 84 65 79 81 67 78 79 62 75 78 61 74 63 54 ! 61 448,910 103,740 552, 650 75 449, 285 106, 800 556, 085 67 402, 031 95, 582 497, 613 65 416, 282 99, 754 516, 036 44 417,407 100, 301 517, 708 55 401, 874 102, 609 504, 483 60 391, 043 93, 875 484, 938 65 382, 305 91, 966 474, 271 77 57, 819 47, 35.1. 45, 455 50, 357 48, 322 55, 266 48, 877 52, 887 48, 751 ] , 070 157 735 147 83 770 J94 76 56S 150 77 5S6 117 84 708 178 96 640 220 97 746 107 98 678 136 96 625 : 150 i 95 95 91 92 10, 663 10, 664 10, 275 11,241 10, 511 10, 501 10, 321 9,997 10. 514 10, 382 11,587 10, 585 10, 284 11, 079 11, 204 10, 669 10, 054 10, 652 10, 735 10,454 i 9, 455 10, 893 11,053 10, 723 12.217 13. 42S 79 90 112 126 123 107 98 94 73 77 88 82.8 96.4 88.0 2 94. 5 98.5 102.4 97.4 112.8 121.0 121.0 122. 3 120. 6 109.0 118.1 109.6 118. 4 112.9 113.0 84.3 110.6 86.1 115.5 99.0 117. 9 PRINTING Blank forms, new orders. _thous. of sets.. Book production: New books no. of titles.. New editions no of titles Printing activitv _ rel. to 1923.. Sales books: New orders _ thous. of books.. Shipments -thous. of books.. 50,587 69, 004 RUBBER AND RUBBER PRODUCTS Production index (Fed. Res. Bd.), auto tires and tubes ... rel. to 1923-25. _ Production index (elect, energy consumed) rel. to 1923-25 Stocks end of month rel. to J 923-25 88 99.0 107.4 I Crude Rubber Consumption, quarterly: Total long tons For tires .long tons Imports (including latex) __ long tons 41,398 Prices, wholesale, smoked sheets, New York dolls, per Ib _. .050 Stocks, domestic, end of quarter: Afloat long tonsDealers long tons Manufacturers long tons Total, dealers and manufacturers long tons World shipments, plantation long tons. World stocks, end of month: Afloat - long tons.. Europe _ .. long tons— Producing countries long tons.. United States long tons- ~275~756~ World total long tons Reclaimed rubber: Production long tons ! 8,818 Stocks . _ long tons.. 14, 273 Scrap rubber: Consumption by reclaimers long tons.. 6, 338 Stocks at reclaimers, end of quarter long tons 3 76 941 3 83, 894 s 61, 283 38, 933 "§9," 033* "44,~052~ 46, 939 ~~35,"844~ .050 .054 .063 3 .063 .064 44, 908 .064 65, 392 66, 600 8183,324 62, 090 68, 628 84, 156 140, 192 42, 775 ~258~35_f 244, 627 511,750 90, 768 139, 261 43, 364 235, 746 509, 139 86, 867 140,265 43, 760 225, 346 496, 238 93, 379 143,747 41, 176 219, 405 497, 707 8,955 13,781 9,402 13, 732 10, 596 14,176 13,082 14, 804 12, 535 14,431 12,338 14, 685 6, 967 7,778 8,929 10, 175 10.. 220 9,161 s 214,821 66, 529 84, 644 139, 023 63, 395 » 187,753 71. 218 78, 159 ' 88, 959 142, 520 137, 452 42, 806 45, 782 224,211 215,523 487,696 487,716 .076 .082 : 12,032 14, 700 9,769 .089 .089 45, 375 . 084 3 44, 286 3 58, 804 3 129, 575 3 65, 714 188,379 65, 661 63, 066 71,934 86, 469 82, 687 130, 247 127, 553 43, 958 43, 154 210,611 1 207,085 471,285 460,479 81, 479 121, 131 36, 118 201, 000 439, 728 80, 236 119.010 37, 5fi4 190,617 427. 427 84, 435 118, 873 36, 046 186, 069 425, 423 9,469 17, 520 10, 117 17,525 10, 620 15,862 6, 759 7, 053 8, 579 65, 719 10,110 15,102 8,424 | 9,728 16,373 8,582 3 3 57, 198 3 59, 103 3 60, 406 .077 : 849,471 i 3 49,613 3 138,140 3 52, 658 843,711 3 139.613 46, 770 s 43, 525 3 171,296 366,258 3 52, 284 37, 370 ~~29~ 733" 382 480 368,593 ! 40,788 ! 34,374 ~~36~598~ 59, 464 Tires and Tubes Pneumatic casings: Production thousands. Shipments — j Domestic thousands Exports _ _ _ thousands, i Stocks, end of month . thousands— Solid and cushion tires: ! Production thousands. _ Shipments — Domestic thousandsExports _ . _ _ _ thousands. _ Stocks, end of month thousands. . Inner tubes: Production _ _ thousands _ Shipments— Domestic thousands Exports thousands.. Stocks, end of month thousands.. Raw material consumed: Fabrics thous. of Ibs Crude rubber -.thous. of lbs_. 2,538 3,125 3,941 4, 538 4,543 3,955 3,730 3,188 2,940 2,251 2,123 2,866 3,034 111 6, 527 3,845 123 7,117 4,244 125 7,936 4,320 137 8,358 4,197 135 8,250 3,804 142 8,025 3, 143 155 8,012 2,580 142 7,629 2, 855 140 7,166 2,550 139 7, 203 2,119 148 7,676 2,613 186 7,842 10 12 13 12 11 12 11 11 13 13 13 18 12 1 46 15 1 51 15 1 55 14 1 57 14 1 61 14 64 15 1 69 12 1 73 12 i 1 i 75 12 1 76 13 1 76 19 1 78 1 2,759 3,548 3,964 4,286 4,330 3,693 3, 560 3,133 2,898 2,448 2, 144 3,161 3,247 73 6,476 4,158 82 7,019 4,569 96 7,672 4,228 89 8,403 4,135 89 8,439 3,610 99 8,330 2,<922 109 8, 380 2,619 101 7,937 3,147 102 7,552 2,634 96 7,999 2,147 84 8,250 2,659 116 8,414 9, 585 29; 854 11,745 36, 232 15, 140 46, 697 17, 085 51, 280 18, 010 53, 418 15, 244 ! 14, 041 45, 016 41,851 12,002 36, 651 12, 738 36, 319 8, 358 25,537 8,418 26, 253 11,780 36, 097 23, 966 22. 728 21, 580 27, 080 17, 932 14, 431 21, 161 15,419 19,380 18,094 16,846 19,380 16, 803 ! 19,220 16,361 18,276 21,884 13,059 12, 881 20, 791 15, 493 22, 623 25, 082 41, 291 Miscellaneous Rubber Products Calendered rubber clothing: Net orders no. coats and sundries-- 20, 925 Production no. coats and sundries.. 19, 773 2 Revised* * Quarter ended in month indicated. December. 1931 41 SURVEY OF CURRENT BUSINESS MON'THLY BUSINESS STATISTICS—Continued 1930 October beptem- August rnent to the Survey July : June j May U April {^rn March j ^^ " January " ^ J3^111"! October EUBBESl—Continued Miscellaneous Rubber Products—Con. Mechanical rubber goods, shipments: Belting _ thous. of dolls, _ Hose . thous, of dolls.. A 11 other .. thoas, of dolls Total thOUS Of dolls Rubber bands, shipments thous. of Ibs 550 Rubber flooring, shipments.- .thous. of sq. ft— Rubber and canvas footwear: 'TennisProduction thous. of pairs Shipments, domestic.-thous. of pairs, . Exports thoas. of pairs__ Stocks thoas. of pairs. _ Waterproof, total — Production thous. of pairs.. Shipments, domestic.-thous. of pairs.. Exports . ..thous. of pairs.. Stocks thous. of pairs. _ Grand totalProduction thous. of pairs Shipments, domestic—thous. of pairs.. Exports thous. of pairs.. Stocks _-._ thous. of pairs.. Rubber heels: Production _._ thous. of pairs.. _„ , Shipments— E\po r ts t"hous of pairs Repair trade thous. of pairs.. Shoe manufacturers _ thous. of pairs Stocks, end of month thous. of pairs.. Rubber-proofed fabrics, production: Auto fabrics thous. of yds. _ liaiue-oat fabrics thous. of yds.. ""2~47(T All other .thous. of yds.. 1, 191 Total thous. of yds, _ Rubber soles: 788 1,041 1,186 3,015 201 595 802 1,161 1,393 3. 356 '195 595 914 1,436 1,356 3,700 246 577 1,012 1, 263 72 5, 473 1,0"! 1, 223 29 5, 704 ' 12-) 5,9)7 2, 922 4,185 186 15, 141 2, 361 2,8 2 151 16, 366 1,570 1,922 1,2,1 1,510 M,2wQ o2o 117 ! 108 ! 50 16/»~8 2x7,0-4 lb,S57 3,934 5. 448 258 20, 615 3, ob2 4,065 hO 22 070 2 4f7 3, O^u 242 2o r ( , 3.921 o ^ 208 « ^">t~ j '*, *0> V > 171 2\8«1 15, 827 10 _},-$ - ,3<1 17,0^3 501 6, 994 9,724 23, 952 5'1 o ooo T 653 60 4,9*6 10,5. 27,808 528 2,983 1,176 4,692 2 b % 3 7S7 2, 880 ShipmentsExports tho'is of o-iirs Kopair trade thous. of pairs Shoe manufacturers.. -thous. of pairs.. Stocks, end of month thous. of pairs.. 90 290 22,604 2, 264 i7 f , 7( J 2,3)5 ; ! \ 798 1,650 1,431 3,879 209 576 ! i 790 ! 1,857 i 1,584 I 4,231 i 215 569 *' UU b,7C6 ' 121 7,;2^ 832 2,1291 1,656 4,617 259 : 569 | 889 722 1,892 | 1,611 1,631 1,378 4,412 3,711 231 ' 222 496 366 759 ;! 1,4401 1,400 i 3,599| 211 ! 365 ! , 075 , 1,237 1,326 3,338 165 i 597 i 770 : 954 1, 276 i 1,554 1,345 1,678 3,400! 4,186 165 ! 197 432 682 2,50] 2,60 2, 100 1,S7> > 9/! r J " iC,*tb 1,102 87± 1,070 944 72 i 53 i l",733 lo,8C3 2,^0° i f < i 0 o I,0i5 92 ; i6,GcO ! , 1 CU JL fvJ* 10,71° l,/7~ 1,54' 74 VIf, 170 L,21i 3, ^8 63 ' 17,172 2 736 ,,212 135 ib,4 9 2 (0 ', ' ' / .0 < ' • . 9 3,(>b, 3 184 4 O8'iC 4 75 *J7 , »7; i,5>l 2^2 ' "si s(,i V ,5,tM , ii » 222 3,483 00 2 3, 50 3, < »i ** 15,474 i5,4i»S n,0fl 13,15'. 12 9~3 13,101 1 ,Gbo 612 3,975 V^ 2H, i«!l ""<. ",C-»b 10,li2 27.764 577 l,b<-o 10, '"1 26,708 tK8 4 b"4 b,307 29,335 718 3, °9'J S,47i ^0,302 huS ^, -*uO 6,Ub 2J, 7 1 hV 4, t7a ,,78 it, 1 0 Gf *• ^ 1 ( * 5i )( o31 1.M3 nf3 3,357 701 982 ],i 1,066 1. 50 1,002 3,212 3,050 710 1,0-iO 1,271 6,6bl 738 8o3 1,HS L, 7t'» f41 567 97° 2,lbi r 77 7ib 891 2,206 17. M7 r( j,9U f cr3^ i, '2( hot 2 1 2~ <> Ot S4 .' 2,b! * 3,17, 2,8^ 2,'Jfc 2,202 2,721 2 Si o,t 1 1,-iJi ( 67 ! 1, 2, " c 2,47" 59 225 A, b1*1 2, lol 62 3oO 2, 'r 1 2,6 >5 69 ! 2 i -.17 2,76, 14 40b 2,1 2,b7o V 2 »0 2,254 3,107 , *i 2,0 ( / o,0 2 '6 24 2,oO> " fc ,^ tj 2s ; i.Oii 2,3" ( ^ 2 J 2 i 4,0 s 11,177 27,000 0 i< ' u STONE, CLAY, AND GLASS New orders rel to Production index (elect, energy consumed).. rei. to Stocks, end of month rel. to Unfilled orders, end of month __rel. to 1923-25.. 44.0 * 50,0 46.7 49.0 ! 60.0 52.3 1923-25.. 1923-25— 1923-25.. 113.4 141. 9 24.5 113. 9 2 150. 9 2 25.0 105.9 143.9 25. 5 104.8 i 154.5 : 25.0 j 118.7 164.2 28.5 132.0 174.9 27.3 48.7 55.3 43.0; 53.3;: 48.7 53.3 00.3 116.5 175.5 23.7 105.1 179.4 25.5 102.6' 173.4 i 24.21 75.3^: 165. O l ^ 28.0JJ 100.6 166.0' 33.8 W>. 2 ! 2G:>. 9 1 41.3 ICO. 3 149. 6 40.0 Brick Face brick (average per firm) : Production thousands Shipments . . thousands . Stocks end of month thousands Unfilled orders, end of month.thousands.. Sand-lime brick; Production .thousands.. Shipments by rail -. thousands Shipments by truck. thousands .. Stocks, end of month thousands.. Unfilled orders, end of month.thousands— Glass Containers Net orders thous. of gross Shipments thous of jrross Stocks, end of month ....thous. of gross.. Production: Total _. -thous. of gross.. Per cent of capacity ... _ .. Unfilled orders, end of month, thous. of gross _ . II! ii mi noting Glassware New orders p. ct. of capacity. _ Production: Total .no. of turns Per cent of capacity —_ Shipments p. ct. of capacity.. Stocks, end of month— no. of weeks' supply.. Unfilled orders, end of month .no. of weeks' supoly Plate Glass Plate glass, polished, production thous. of sq. ft.- 422 479 3, 516 534 434 454 3,577 587 425 477 3, 602 639 6, 521 977 4, 657 12, 347 11,437 6, 943 872 4, 922 10, 866 11,532 5, 989 805 5, 506 10, 698 10, 838 1, 779 1. 941 5, 709 1, 820 2,310 5, 536 2,128 64. 2 C, 713 1,948 62 0 6, 860 540 521 3,660 ! 669 , 540 574 3,652 733 549 569 3,684 781 5,518 529 5,424 10,199 10,710 6,664 494 5,758 8,975 9,960 5,084 1, 595 4,375 10,724 6,513 1, 859 2,213 5, 930 2,102 2,180 5, 887 2,465 2,491 6, 086 2,119 2,545 6, 003 1,952 2,291 6, 078 2, 239 68.6 7, 591 2, 268 69.5 8,268 2, 565 75.9 8,625 2, 481 73.4 9,127 2,404 71.4 9,785 ! 3 Revised 395 522 3,734 685 3,999 4,869 1,698 i 1,466 3,330 3,743 11,119 12,566 5,232 7,070 2, 250 ! 2,479 5, 974 j 338 i 369 ! 3,836 i 708 ! 310 303 3,856 778 |! !j ji H • 494 ;: 3G5 3,823 ; 778 i 543 536 3,677 821 i 748 767 3,662 901 4,140 3,718';! 6 , 0 5 3 : 7, 126 j 1,493 i 910 I ' 1,846 ; 3,044 | 3,306 3,367 ; ! 4, 277 i 4,659 12,5451 1 1 , 5 9 4 ' ! 12,070; 12,730 6, 720 | 5 , 2 4 5 J 9,125: 8,183 7,925 3,437 6, W.» 12.iflO 7,^7 2,342 2, 634 0 1,972 2, 041 i 6, 307 j 6, 696 I 1,8941,486; 7, 022 j 2, 221 i 1,678: 6, 814 j - L: 347 *2,'24'J - 6, 302 2, 166 I 1.7771 1,776: 64.41 57.2J 52.8 i 10,340 10,913; 10,761! 1,698! 50. 5 i 9,628 1,913 59.1 9,484 2 2,4(j^ 2 7J.:-l 5 s, 900 26.6 26.3 24.8 24. 3 29. 3 27, 3 28.6 32.4 27.0; 30.7 26. 5 i 30.5 \'A. o 2, 276 30. 4 30. 1 .4 1,679 22.4 26.0 .9 1,607 21.4 21.6 .9 1,492 ! 19.9 24.0 3.9 2,161 28.8 28.2 4.1 2,037 27.2 26.8 4.1 2,086 27. 8 28.8 4.1 2,108 28. 1 28.7 4,1 1,818 24. 2 25.9 4.2 2,183; 29. 1 i 28.7i 1.1; 1,912! 30. 9 1 27.6: 5.1 ! 2,059 33. 2 30.6; 4.9 2 , ] 85 So. 3 34. 4 4.7 .8 .2 .9 .8 .8 .8 .2 ! .7; .7| .s 4, 532 4,611 9,466 10,174 10,593 I 7,103 ! 8,583 5,796 6,213 4,824 5,577 5,237 4,665 24,641 | 27,850 1 28,394 6, 898 4,093 28,248 6, 163 i 5, 570 4,178 ! 3,699 30,259 30,004 4, 559 ; 4,597 : 29,347 4, 586 ; 4, 451 i 3,259 i 5,634 29, 598 | 30,370 i: . 657 M55 31,133 11,387 99.16 32,541 98.84 31,497 30,526 97.86 ! 96.49 29,863 99.26 , 30,400 98.52 31.309 07.40 119,922 128,574 593,268 200,855 93,108 117,105 597,476 209,507 64,260 ! 150,451 133, 802 | 184, 563 583,099 552,403 233,504 303,046 .8 6, 088 7,216 7,554 .7 8,882 ! 7,321 4,641 ; Plumbing Fixtures Porcelain: Net new orders number of pieces.. Shipments _ . . number of pieces Stocks, end of month. ..number of piecesUnfilled orders, end of month number of pieces. . Wholesale price, 6 pieces dollarsVitreous china plumbing fixtures: New orders.. piecesShipments _. _ ._ _. pieces Stocks, end of month pieces.. Unfilled orders, end of month pieces.. 533 579 | 3,698 j 784 i 3,142 3, 683 21,G57 4,740 4, 533 23, 45C 4,571 5,761 25, 236 5, 887 96. 12 7,104 96. 32 7,697 97.77 10,476 98.91 116, 794 122,977 127, 954 139, 005 529, 531 * 533, 305 161,435 172, 595 121,321 135,292 554,939 188,623 182, £38 155, 404 506, 901 188, 969 10,804 98.96 ! | ! i 136,285 134,549 574,304 202,591 I I i ! 1 250,183 131,807 172,334 i! 108,065 694,886 i j 623, 125 337, 158 i ! 259, 309 i 29,869 ! 96.68 ! 113,710 ! 141,030 121,259 158, 839 582,675 593,492 235, 567 i 243. 1 16 42 SURVEY OF CURRENT BUSINESS December, 1931 MONTHLY BUSINESS STATISTICS—Continued Earlier data for items shown here may be found in the 1931 Annual SuppleSeptem- August ment to the Survey October ber 19 31 " July June 1930 May April March Decem- NovemOctober ber ber *'*"- January | STONE, CLAY, AND GLASS— Continued Portland Cement Per cent of capacity Prices, wholesale, composite- --dolls, per bbl.. Production _ .thous. of bbls_. Shipments ___thous. of bbls-. Stocks, end of month thous. of bbls.. Stocks, clinker, end of month—thong, of bbls.. o,". 3 1.331 12,092 13,671 2 222, 736 HO. 2 1.331 13, 549 15.172 24, 313 8, 468 62. 0 1.331 13. 89f? 15, 545 25. 934 10, 209 65. 4 1.364 14, 118 16.077 27, 602 11,837 62. 8 1. 399 14, 010 14, 200 29. 554 13, 087 52. 1 1.422 11,245 11,184 29, 715 13, 854 36. 9 1.477 8,245 7,192 29, 676 13,318 1. 543 5. 920 5,074 28, 612 11,94.0 - 4. 2'.K) 3, 955 3nl 5, 117 480 7, 547 719 4. l i O 2, 598 291 3, 1.38 315 3, 226 335 3, 690 * 4, 1 45 4, 346 4, 120 4., 090 3, 861 3, 535 3. 587 15,261 3, 542 15, 158 4, 308 14, 556 4, 316 14,513 3.998 14,715 3, 744 14, 623 2,923 14, 506 101.2 Ml. 5 99. 0 62.9 89. 5 64. 2 86.7 65. 4 90.9 65.4 96.6 66. 3 96.8 67. 6 101.0 69.2 91.4 70.4 93 2 100 100 102 97 98 98 97 93 86 87 93 91 98. 2 98. 7 95.0 98.2 100. 5 103. 7 100.0 97 3 99.3 86.4 89.8 87.0 85.4 1.318 10, 762 12, 3HO 21, 138 »»; ens r>,eis 29. 5 i 38.2 1. 586 1. 591 6, 595 8,480 4, 692 5, 688 27, 759 25, 883 10, 384 8,809 51.7 1,599 11.098 8,784 23, 056 7, 758 65.4 1.611 14, 410 15, 599 20, 697 3. 23 i 324 3, 799 350 3,373 329 5,930 2, 656 2, 806 3, 342 3; 134 4, 135 3,656 13, 895 2. 541 14, 895 2,937 14, 570 3, 79.1 14, 166 4, 572 14, 823 86.7 71.0 61.4 72.4 73.9 73.3 90.9 73.8 2114 Terra Go it a Terra cotta, new orders: Quantity Value ..__ net tons.. thous. of do! L? - . 1,907 ' 194 Tile Floor and wall tile: Production thous of sq ft Shipments — Quantity ....thous. of sq. f t _ . Stocks, end of month... ..thous. of sq. ft... TEXTILES Xew orders ......._ rel. to 1923-25.. Prices, wholesale rel to 1920 Production index (Fed. lies. Bd.) rel to 1923-25 Production index (elect, energy consumed). rel. to 1923-25... Stocks, manufactured goods, end of month rel to 1923-25 Stocks, raw materials, end of month rel. to 1923-25. . Unfilled orders, end of month. _rel. to 1923-25.. Imports: Burlaps Fibers 2 86. 5 90. 3 88.9 90.8 90.7 93.4 94.1 169. 8 133. 2 2 42. 2 133. 5 2 41.9 148.9 M4.7 161.2 - 46. 5 176. 8 2 46. 4 196.3 2 46. 5 37, 504 17, 118 45, 618 18, 277 35,604 21, 993 42, 942 18, 622 37, 732 14, 102 30, 481 21, 719 5, 058 5, 115 4, 743 4,716 4, 941 4,521 4,278 4,540 4, 188 4,279 3,777 4, 069 4, 654 4,561 4,572 5, 029 4,772 4, 719 9, 108 9,730 9, 869 10, 177 9, 990 2, 637 2,814 3,139 3, 51 1 3, 200 i 4Q9 984 1 097 ] 195 i ; 67 1 017 1 00« 1. 077 1 'Ji5 1.050 1, 169 ' 088 1 926 1 56 '^ 1 50-! ] 48s 1, 201 1,631 1 S'i9 j.CV-O 639 2, 363 1, 662 573 2,436 1,926 484 2, 187 1, 849 299 2, 336 1,702 80. 8 250. 2 34.9 92.4 100.0 109.2 97.3 96.8 212.2 44.8 229.9 38.9 241. 8 34.3 237.6 37.3 214. 7 36.2 34, 945 19, 574 42, 176 21, 326 35, 062 19, 162 44, 591 20, 429 36, 656 14,681 37, 940 17, 958 4,808 4. 925 4', 627 4, 919 4, 982 4,486 4, 534 4, 360 4,199 4, 297 3, 898 4,134 9, 864 9, 9! 4 10, 120 10, 579 10, 704 3,225 3, 042 3, 260 3,420 3, 355 191 2, 017 1, 878 303 1,845 2,370 251 1,708 2,028 160 1, 580 1, 714 159 1,232 1, 222 444 1, 183 1,100 555 2,103 1, 654 234 223 222 218 161 137 207 191 279 249 41 36 42 36 51 2 Burlaps and Fibers . . thous. of Ibs. lor? tons Clothing Hosiery: Now orders thous. of doz. pairs.. Net shipments thous. of doz. pairs. . Production thous. of doz. pairs.. . Stocks, end of month .__ thous. of doz. pairs. . Unfilled orders, end of month thous. of doz. pairs.. Knit underwear: Net shipments tbous of doz ^arments New orders thous. of doz. garments.. Production thous of doz garments Stocks, end of month thou^ of doz garment85 Unfilled orders, end of month tbous of doz ^arinerits Men's and boys' garments cut: Overcoats thous. of garments Separate trousers ..thous. of garments.. Suits thous. of garmentsOveralls: Hut thous of doz. garments Net shipments thous. of doz. garments. . Unfilled orders, pnd of month thous of do? garments __ .. - 132 l] 749 Cotton 462, 025 Consumption bv textile mills bales Consumption by textile mills._rel. to 1923-25.. 90.0 Exports, unmanufactured : Exclusive of linters thous. of bales .. 1, 014 Total thous. of dolls,. 39, 838 Q innings thous of bales 12 130 Imports unmanufactured bales 2, 630 Machinery, activity of spindles: Activity spindles thousands. . 25. 188 203 Activity per spindle hours 6, 595 Total activity .mill, of hours . Per cent of canaeitv per cent.. 85. 1 Prices: To producer dolls per Ib .053 In New York, middling dolls, p e r l b _ _ .064 Production crop estimate thous of bales 4 ig ()Q3 4, 082 Receipts into sight thous. of bales.. Stocks, domestic, end of month: "Mills thous of bales 1, 116 Warehouses thous of bales 9, 450 Total, mills and warehouses . ._ .thous. of bales. . 10, 566 Total, mills and warehouses rel to 1923-25 281. 0 Stocks, world visible, end of month: Americas thous. of bales _. 7, 299 Total thous. of bales.. 9, 184 463, 704 90.4 425, 819 83.0 450, 884 87.9 453. 901 88.4 465. 363 90.7 508, G91 99.1 490, 509 95.6 433, 376 84.4 405. 117 87.7 405, 518 79.0 415, 315 80.9 443. 284 86.4 558 23, 457 5-408 5, 426 211 9 898 565 7, 236 259 13,525 7 9,305 255 13,517 336 18, V'28 392 22. 948 433 25, 402 14,134 15, 189 17, 258 605 35, 961 13. 756 10, 266 11, 165 533 31, 198 13, 593 11,299 766 47, 230 13, 258 4,461 908 59. 307 12, 837 3, 410 1,004 64! 831 2 10', 864 1, 747 25, 237 201 6.540 88.1 25, 623 190 6,193 81.8 25, 826 200 6,528 86.0 25. 898 202 6,630 86.8 26, 379 204 6, 733 89.6 26, 669 216 7,125 94.1 26, 504 211 7,000 91.0 25, 798 184 6. 122 87.3 25, 628 191 6,365 80.7 25, 550 176 5.924 75.9 25, 797 173 5, 825 79.7 25, 721 1^.4 6, 243 77.0 .059 . 065 . 063 .072 .085 .093 .077 .090 .093 .102 .096 2.109 .091 .110 .086 .102 .096 .110 . 092 .107 1,623 333 277 103 j 341 358 447 513 729 .087 .101 14, 243 1,627 2,749 3, 670 776 6,297 840 4,426 996 4,524 1,131 < 4, 971 1.258 5, 490 1, 371 6, 033 1,478 0, 658 1,550 7, 314 1, 618 7. 939 1, 656 8,376 1. 564 8, 398 1,355 7, 474 7, 072 5, 266 5, 520 G, 102 ; 6, 748 7,404 8,136 8, 864 9., 557 10, 031 9,962 8, 829 188.1 140.1 140. 8 162.3 : 179.5 196.9 216.4 235. 8 254. 2 266.8 264. 9 234. 8 5,275 7,113 4,498 6,435 4, 775 6,899 5,236 i 7,572 | 5-861 8,346 6. 302 8, 883 6,826 9, 332 7, 381 9, 958 7.576 9, 897 7, 841 9,897 7,676 9,437 6,617 8, 413 70, 138 76, 245 65, 983 71.615 56,153 74, 662 57,412 | 67,704 77,335 74,436 86, 612 72,973 76,847 87,318 70, 301 68, 380 65, 145 64, 546 65, 704 68,420 Final estimate for 1930. 62. 005 68,817 69, 764 05, 876 .088 . 093 5 Cotton Finishing Printed only (mills and outside): Production thous. of yds.. Stocks, end of month thous. of yds_. 2 Revised. I 03, 014 78, 027 SURVEY OF CURRENT BUSINESS December. 1931 43 MONTHLY BUSINESS STATISTICS—Continued Earlier data for items shown here may be found in the 1931 Annual SuppleOctober Septemment to the Survey ber 1931 July June ;' May 44, 982 44,372 48 24, 483 45.831 51,577 41,119 : 52,537 i 45,937 ! 60,590 j 61,803 50,394 ! 57,872 45 27,221 I 51 I 30,109 ; 18,095 16, 404 1.5 10,433 17,141 ! 1.7 1.5 1.9 i I, 692 30, 309 4, 326 35, 272 3,937 ' 34,370 I August 1930 i | April • March Febru- ary I January i Decern- Novem- | ber ber October TEXTILBS-Continuea Cotton Finishing— Continued White, dyed, and printed (outside mills): Billings, finished goods thous. of yds.. New orders, gray yardage.. thous. of yds.. Per cent of capacity per cent-. Shipments, finished goods "... cases. . Stocks, finished goods, end of month . . _ _ cases Unfllled orders, ond of month days.,, Abrasive cloth. (See paper pro; i '.ids. j : 48, 237 44, 515 48 26,811 1 49, 252 i 45,782 ' 49 ! 27,207 18 321 ! 1.5 i 17, 467 1. 6 Cotton Goods Cotton doth: i m ports _ _ thous . of s q , yds . . 1, 958 I 2, 185 Exports thous. of sq. yds.. 29, 897 25, 599 Cotton textiles:* New orders . thous. of yds 333, 679 ; 287,708 Production thous of vds 227 110 1 272, 118 Shipments thous. of yds.. 210,207 i 278,049 Stocks, end of month thous. of yds.. 255^ 833 244, 924 Unfilled orders, end of month „ thous. of yds... 314. f)39 : 227,107 1,031 Elastic webbing, shipments. -.thous. of dolls.. ' 9fJ9 j Fabric for tire manufacture, •' 9, 585 consumption-.thous. of Jbs._ Prices: .041 . n:& Print cloth 64 x 60 dolls, per vd_. .050 Sheeting, brown .dolls, per yd-. . 010 i ! 95 Cotton goods (Fairchild) rcl. to 1911-13. 167, 555 209, 050 227, 644 250, 855 45, 233 47 24,916 158, 353 192, 545 211,331 269,449 969 277, 597 1,015 11,745 15, 140 217,508 .043 .052 100 .049 . 056 111 3,920 30,961 1 52 ! 58 31,176 ! 35,334 50, 166 43,042 ; 47,566 49, 679 I 4M70 : 39, 749 56 ! 47 ; 40 30, £93 ! 29,031 i 23,888 40, 248 3S, 541 44 23. 743 53, 003 47, 133 4S 29, 260 16,077 • 17.071 ! 23,593 21,803 2.6 2.5 22 392 2. 1 1. 763 29, 273 1/171. 3l,v)i 183, 057 206, 633 200, 66.1 356, 861 2 a/, 3\> 7), -vj 921 333, 251 1,000 350, M 5 1,3ft 12, 738 ; 8, 358 8,418 1 1 , 7 >U . 052 : .062 120 .053 .065 122 2. 7 17,641 2. 7 2,810 2,530 30,776 j 33,392 ! 2.6 20.134 i 2.6 2, 148 2, 641 ! 1,658 25,188 1 31,488 : 29,388 137,749 295,334 225,955 ! 271,638 217,582 i 317,185 282,154 i 273,781 326, 691 239,106 212, 168 i 202,149 248, 354 ! 210.597 319, 328 ! 355,514 330.575 i 248,544 1 294,118 ' 373,951 395, S02 ! 317,465 1, 180 555,902 160,029 2HO, 163 | 225,392 273,871 ! 205,603 288,235 | 301,943 1,018 1,124 1 17,085 .018 ! .054 112 1,199 1,363 18,010 15,244 : 14,041 .050 .058 115 .053 ! .059 119 .055 .059 121 1 182,856 234, 052 226, 951 363, 962 288,956 ; i,o4i 12,002 < .053 .065 119 . 057 . 066 124 *5, - 0' .(».""! O',t> 124 Cotton Yarn Carded sales yarn: Production thous. oflbs.Stocks, end of month _ _ thous. of Ibs.. Unfllled orders, end of month thous. of Ibs-. Prices: 22/1 cones, Boston dolls, perlb.. 40/ls southern spinning dolls, per lb._ Floor Covering Felt base: New orde r s thous Production thous Shipments thou^ Linoleum: New orders.thous Production thous Shipments thous 14,703 i 9, 461 i 32, 943 ; . 1*9 ! .315 i of S'i vds of so yds of ^cj Yds ! of sq. vds of so vds of s;| vc's i 10, 858 9, 382 10, 295 10, 023 11,800 10,067 i 11,195 13,377 i 11,212 i 11,081 ; 12,240 ! 11,536 12,537 10, 968 , 13, 420 ! 12,665 9, 582 11,787 10, 181 13, 795 13,531 12, 548 15,494 12.54S 29,819 31, 351 32,951 34,017 34,914 ! 38,825 \ 38,920 38, 926 37, S54 .215 .352 .223 j .353 i .254 .405 !Ti3 .201 .320 f , 432 6, 4c;.° 7 944 .212 . 336 . 225 1 352 40,979 42, 407 ! 39, 963 .231 .369 .240 .382 .239 ; . 390 .248 .390 9, 215 ; 6, 400 i 8. 575 : 7. 90] 6, 757 8, 239 0, S50 ' ft. 387 ! 7 925 . 5. 07!"') 7. 295 6, 621 5, 261 5, 749 2. 048 \ i 364 : 2, 278 1 285 1 697 . 247 . 390 235 5, 62(j b, 228 5. f.21 4, 810 9, 012 5, 577 13.662 ! 10,389 i 1. hi 9 2,257 i 1,932 2,837 1 845 1, 912 2,002 i 1 901 ' 2 112 2,459 ] 817 i 2, 3fX> 1 945 2 375 1 303 i 2 (102 4,474 5,324 5, 615 i 6, 693 6,049 1 4, 496 3,048 1, 520 5 7S7 11,368 ! 6,960 ; 13, 383 i 10, 169 ! : 7, 043 1,725 1 7'J2 1 627 1,()D5 1,492 1,471 1 S26 1. IW i 6, 609 5,465 6, 033 2,333 1 2, 822 2,419 2,667 2,412 22,621 2,375 4,001 i 2,815 ! 4,060 ! 3,186 ! 4,273 i 3,301 - 4,081 3,394 3,044 i 2,724 i 2, 565 2, 333 2, 353 2, 126 2,417 2,075 2, S77 2 711 2, 400 2, 751 2,615 2,656 ! 2,810 2,962 ; 3,358 3.. 058 ' 2, 735 2, 031 2, 424 2, 472 Fur Sales by dealers. thous. of dolls.. j Pyroxylin-Coated Textiles Pyroxylin spread Shipments billed Unfilled orders end of month.- thous. of Ibs.. thous. of linear yds thous, of linear yds.. Rayon Imports_ ._ . Price, 150 denier, "A" grade, New York 2,184 ! 1 2,180 : thous. of Ibs 107 ! dolls, per lb.. . 75 239 299 276 202 i .75 .75 .75 .75 56, 668 1 53,819 7 331 9,524 ! 46, 454 7,167 44, 746 6,724 42,161 6,409 i 225 .75 | Silk Deliveries (consumption) bales.. Imports, raw thous. of Ibs. _ Prices: Raw, Japanese 13-15, New York dolls, per lb.. Silk goods, composite dolls, per yd... Silk machinery activity: Broad looms p. ct. of normal.. Narrow looms___ „ p. ct. of normal-Spinning spindles ....p. ct. of normal-Stocks, end of month: At warehouses bales. _ At manufacturing plants bales.. 439 274 : 154 0 216 101 . 75 : .75 .75 j .75 .95 .95 .95 55,383 7,725 54, 242 i 7,318 ; 55, 910 7, 405 i 55,424 57, 333 7,000 61.937 9, 877 2. 807 1.02 2. 709 1. 02 2. 463 1.02 2,512 1.02 94.0 35. 8 65. 8 96.5 60.8 75.1 88.2 38.2 70.2 58, 430 24,242 49, 238 24, 929 51,278 22, 954 i ; 45,073 ! 6,520 ! 41,356 i 4,823 : j ; 2.266 1 2. 266 . 99 ; 2. 561 .99 2.709 i .99 ! 76.3 i 42. 5 i 49. 5 ! 90. 9 i 44. 6 51. 8 ; 93.8 44. 2 58. 6 96.5 • 51.7 > 58.9 ; 2. 315 .98 2. 512 .98 2.364 .98 j 2.463 i .99 93.0 i 38.0 i 56. 4 ! 90.5 48.3 53.4 79.4 38.2 48.7 76.4 35.3 44.6 75.6 i 43. 9 i 42. 8 49, 9° I I 23,176 i 36, 099 41, 878 21, 122 29, 921 16, 990 37,352 ! 32,688 20,044 42, 990 90.7 47, 548 100.4 51,140 107.9 53, 888 113.7 13, 463 2. 266 295 1.00 1 94.0 i 39.2 55. 2 8, 9-iO 47,407 20, 425 : 22, 231 45, 399 i 51, 814 23, 124 | 23, 588 45, 805 i 52, 199 i 96. 7 ! 110. 2 i 47,710 40,373 30,007 85.2 38, 420 : 81.1 i 33,856 100.7 71.5 63.3 31, 237 65. 9 40. 975 86. 5 16,888 21,258 ! 15,348 11,687 ; ] 3,767 ! 8, 994 18, 706 | 35,497 18, 206 ; ! Wool Consumption at textile mills, grease equivalent thous. of IDS.. Consumption at textile mills._.rel. to 1923-25.. Imports: In condition, imported -thous. of Ibs.. Machinery activity, hourly: f ombs p ct of hours active Looms — Carpet and rugs.p. ct. of hours activeNarrow __.p. ct. of hours active.. Wide p. ct of hours active Set of cards p ct of hours active Spinning spindlesWoolen p. ct. of hours active-Worsted p. ct. of hours active.. 2 Revised. 11,677 9, 679 12, 987 74 j 109 115 115 107 i 97 38 39 49 53 i 40 44 63 61 38 45 70 65 38 43 64 64 40 ! 46 ! 61 i 60 53 49 ! 63 70 66 78 64 83 61 I 73 : 10,920 8, 546 82 76 75 67 67 65 74 46 : 45 58 ! 60 i 44 42 54 57 ' 44 34 59 g(j 39 30 59 60 : 29 28 49 47 i 29 26 46 43 38 37 47 50 38 41 47 54 ! 60 66 55 57 ; 57 57 68 54 . 48 52 i 45 52 52 53 62 14,168 1 ! ; 52 * Months of March, June, and September, 1931, and August, 1930, contain 5 weeks, other months 4 weeks. 44 SURVEY OF CURRENT BUSINESS December. 1931 MONTHLY BUSINESS STATISTICS—Continued Earlier data for items shown here may be found in the 1931 Annual Supplement to the Survey 19 31 October Septem; August ber July June 1930 May April March ! F U S - January ! Decem- Novem- •' <:. ',-er ber ber TEXTILES— Continued Wool — Continued Prices: Raw, territory, fine, sc-ourod.dolls. per lb_. Raw, Ohio and Penn. fleeces, H blood, combing, grease _ _ dolls, per Ib Suiting, 13-oz dolls, per lb. Women's dress goods, French serge, 54-in. at factory dolls, per yd— Worsted yarns dolls per Ib Receipts at Boston: Domestic . _ _ thous. of lbs_ Foreigu thous. of Ibs Total thous. of Tbs TOBACCO U timanufa ctur ed : Production, crop estimate mills of ibs Exports, leaf thous. of Ibs— Stocks— Chewing, smoking, snuiT, and export types, quarterly mills, of Ibs Cigar types, quarterly.. thous. of lbs.._ Total, including imported types, quarterly _. mills, of lbs_. Manufactured products: Consumption (tax-paid withdrawals)— Large cigars thousands Small cigarettes millions Manufactured tobacco and snuff thous. of lbs_. Manufacturing operations rel. to 1923-25-. Exports, cigarettes thousands.. . | 21 1.400 i .925 1 .950 | r., "67 r;!?s .63 .62 1.400 .925 . 950 .62 .23 1. 4PO 1,494 .925 1.00 ,925 1.00 .62 .20 1. 494 .63 ,66 .65 .66 . 20 3.494 . 22 1.494 .22 | 1.543 | .23 1,601 ! . 925 1.00 . 968 1.00 1.050 1 1.00 i 1. 050 1. 10 . 925 1. 00 .72 .72 .29 1. 601 . 30 3. fjOl 1. 050 1. 10 1.050 i 1.17 1.050 ] . 0*3 1.20 6,741 i 3,363 7, 432 7, 574 4,000 11,574 , 1576 1 . 664 6, 2 10 H;.-ivi4 6, 528 57; 964 7S. 262 , 16,505 i i 2, 112 18, 707 34. 445 2,405 86, S50 76, 046 3, 335 79. 381 53, 779 2, 964 56, 743 26, 151 4, 190 30.341 10, 376 7, 390 17,775 13! 279 13,269 ! 10,795 i '' 23, 113 2G, 574 38,737 48,911 45,006 39,908 * 1 641 46,879 i 50,440 : 62,148 3 1 698 354, 184 i13 3 1, 492 277, 850 2 2 151 i * 1, 853 440,472 9,802 362,839 j 362,939 ! 349,635 8,836 | 9,368 '• 8,675 528, 128 7, 952 023. 801 10. 947 25, 815 25, 976 33, 026 128 338,808 119 251, 507 318,7:1 40.6 8,842 42. 0 8, 756 * S, SO" 1. 648 i 49, 170 8,215 4 3 1. 453 •^370, 142 ! 31.41Q p341, HQ5 L- , ! 31.841 ' 3 * 1,915 534, 371 '. 449,330 i 463,256 9, 695 8, 956 '. 9, 520 478, 901 10, 700 517, 514 11, 508 467.300 459,982 10, 448 9, 471 34,139 ! 33,278 31, 558 30, C61 31, 086 30, 780 30, 781 31,049 ' r.8 191,3S5 : 257,854 118 254,049 243, 233 133 244, 201 137 250,858 134 241,703 131 324, 808 45. 0 8, 689 31.3 8, 803 45.0 9, 252 44. 7 9, 224 45. 2 9, 40S 95 6 68 10 118 446 61 11 55 2 94 ; 2 l 59 1 3 59 4 399 467 1,527 256 134 2, 025 202 527 1, 999 272 43 901 395 48 1, 720 289 ! 95 i 592 ! 273 ! 369 1, 329 475 22 270 101 110 M6 ! 159 i 207 MISCELLANEOUS PRODUCTION Buttons Fresh-water pearl buttons42. 9 4-1 9 Production, ratio to capacity per cent-8. <;~n 8,583 Stocks, end of month thous. of grossImports: Buttons62 Product of Philippines. thous. of gross. .' 5 All other thous. of gross— Shells— 451 Alotiier-of-pe'-irl thons of 'bs •Ho 83 All other thous oPbs 47.' 2,014 Ta^ua nuts t!iou>. of Ibs 20, (-25 FUELS ; Coal Anthracite: jo-j Exports thous. of long tons 157 ; PricesRetail, composite, chestnut 14.93 dolls per short ton Wholesale, composite chestnut 13. 083 dolls nc-r long ton 13 083 4, 358 Production thous. of short tons.. 6, 551 Stocks, end of mouth, in yards 75 of dealers no ot days' supply Bituminous: Consumption — By coke plants — 179 Canada thous. of short tons.. United Stateri thous. of short tons— 3, 459 3, 616 By electric power 3,281 plants thous of short tons 3, 426 5, 268 By railroads thous. of short tons.. By vessels clearing ports thous of long tons 1 163 183 Exports thous. cl long tons.. 1, 163 1, 078 PricesMine average (spot) 1.62 dolls, per short ton.. : Prepared sizes (composite) dolls, per net ton.. 3. 954 3. 954 Retail, composite-dolls, per short ton-8.17 8.22 Wholesale, composite dolls, per short tori—' 3. 703 3. 705 Production1,005 Canada thous. of short tons.United States.. -thous. of short tons..; 35, 700 31,919 Production index rel to 1923-25 71 70 Stocks, end of month, held by consumers thous of short tons > 34, 500 Coke 52 Exports . thous. of long tons 50 Price, furnace, Conncllsville 1 2.45 2.45 dolls, per short ton Production: j 126 Canada thous of short tons United States— i 105 78 Beehive thous, of short tons.. 2,310 By-product thous. of short tons..' 2, 389 148 ! 120 14.73 14. 59 14. 31 14.19 14.39 I9 796 4,314 \'> 614 3. 954 12.413 4, 541 12.270 5, OC5 12. 2C2 5,700 60 2 3, 233 5,419 2 132 ! 121 ! 256,706 i 229,697 47.5 9,518 ! 79 31, 697 44.6 i 35.5 9,807 | 10,154 82 9 i 65 9 896 15 858 ! : : 402 458 331 354 586 1.204 178 : IS2 253 14.85 ; 14.85 14.88 14.88 i 14. PC ! 12.732 12.732 4, 745 : 5, 39 i 6,157 12.751 I 6,080 ; 12.751 5, 207 31 43 : 12.608 21 ! 12! 739 1 2. 762 ^ 7. 443 47 213 229 230 i 235 230 246 i 249 3, 795 4,027 4, 629 4, 082 4,902 i 4,408 4,f,S6 4,737 ; 4,820 3, 168 o, 463 2, 954 5,314 2, 953 5, 821 2, 9G3 5, :-85 3,410 6,414 3, 283 3, 688 3,670 6, 642 3,944 6,598 3,837 6,622 l 5,810 201 i 803 | 204 1, 28: 230 1.317 186 3, 634 45 29, 562 247 1 35 1,217 186 1,087 209 994 195 926 168 671 136 ; 665 ! 1.58 1.58 1.56 1. 60 1. 64 1.69 ! 2 19 2 ."';. 2] 5 7. 124 141 645 187 700 1. 77 i. 77 1.77 ! 1.78 1. 81 4. 33* S.t4 4. 342 3. 800 3. 393 3. 907 8.11 3. 856 8.09 3. SIR 8.00 3.838 8.04 ; 3.845 8.46 4.001 ! 8.71 4. 223 8. 83 4. 268 8. 87 4.317 8.94 | 3. 704 3. 706 3.692 3. 723 3. 760 3.79! 3.814 3.829 3.898 | 760 30, 534 70 826 29, 790 74 888 29, 185 74 902 ! 888 28,314 : 28,478 75 i 77 1,028 i 963 33,8/0 i 31, 408 76 73 1,164 38, 542 77 1,315 1,275 39,716 i 38, 122 80 85 I i . 030 41, ir,0 \7 30, 900 30, 100 | 26,900 29,500 31,200 37, 200 1 :JA 800 54 ! ... 87 50 45 86 43 2.45 2.45 2.45 2.48 2.50 2.50 2. 53 132 139 155 169 169 179 165 70 2, 443 76 2, 569 87 2,715 94 3, 126 109 3, 146 149 3,256 163 2, 898 Petroleum Asphalt: 4 1 14 12 Imports thous. of short tons 314 312 326 1 Production thous. of short tons 349 332 340 Stocks, end of month. thous. of short tons-1 Quarter ended in month indicated. » Revised. 10 315 393 1 .26 .27 1.601 i 1.601 .68 ! 9 304 380 I 4 7 248 360 As of Nov. 1. I 7 i 190 il 354 67 71 70 6j S3 2. 55 j 2.55 I 2.56 2. t)0 171 181 i 185 170 i 3,055 j 1 166 3,114 3,408 3 217 295 267 163 ! 3, 092 : 3l 168 ! SOS ! ! Final estimate for 1930* 3 166 332 S.8S 0 147 ! 295 0 ? SURVEY OF CURRENT BUSINESS December, 3931 45 MONTHLY BUSINESS STATISTICS—Continued Is'KiO 1931 Earlier data for items shown here may be found in the 1931 Annual SuppleOctober Septemment to the Sureey ber j August July June May April ' March Decem- Novem- October ber ber ™<"| January FUELS— Continued Petroleum— Continued Coke: 168 Production- _ thous. of short tons ISO 173 180 178 178 1, 516 1 1, 451 1, 391 1,315 1,158 Stocks, end of month thous of short tons 1,250 Crude petroleum: 75, 094 i 80, 672 79, 758 74, 706 Consumption (run to stills) -t.hous. of bbls. J 76, 237 78, 521 3,426 ; 2, 702 3, 588 4, 162 i 3,978 Imports thous. of bb^s 4,512 589 445 ' 441 Oil wells corriDleted number 603 519 498 .434 . 238 Price. Kansas-OklaboniLi___dolis. per bbl.J .500 . 530 . 560 .300 .530 77, 961 63, 636 68, 418 Production thous. of bbls 75, 116 77, 164 73, 101 2 102 122 121 i 119 107 122 Production index, rei. to 1923-25 . 122 68 66 69 67 i 67 67 Refinery operations p. ct. of capacity _ _ ^ 162 161 165 .161 j 161 Hennery operations index rel to 1823-25 163 Stocks, end of monthCalifornia — 96, 967 97, 809 93, 098 99, 015 100,011 100,578 Heavy thous. of bbls... 39, 021 40, 406 240,495 40, 043 40, 805 40, 840 1 Light thous of bbl^ East of California — 41,007 33, 358 39, 021 41, 734 Refineries thous of bbis 41, 819 41,413 ! ! Tank farms and pipe 294, 831 305, 009 284, 840 305, 876 308,752 ! 306, 287 lines „ thous. of bbls..; 323, 198 333, 852 346,016 347, 610 348, 106 350, 165 Total... thous. of bbls.,! Mexico— 2, 628 2,841 3 1 99 2,761 2,960 3, 080 Production _ thous, of bbls 2, 183 1, 488 2,392 i 1, 864 2, 716 2, 808 Exports.. thous. of bbls.J Venezuela— \ 9, 274 9. 401 9,420 8,561 8,586 9, 049 K.s.ports thous. of bbls ; 9,913 9,796 9,412 Production thous. of bbls 9, 283 9, 181 9, 515 Gas and fuel oils: ; Consumption — 2712 2726 702 622 541 552 691 By electric power plants.thous.of bbls- j 3,286 3, 567 3,536 ; 3, 236 3,440 3, 606 Bv railroads thous of bbls 3, 142 3, 839 3, 095 4, 053 4,043 i By vessels thous. of bbls. J 3, 643 4, 286 Price, Oklahoma 24-26, i . 280 . 291 .319 .385 .463 ,488 ! .338 refineries dolls, per bbL30, 292 29, 488 28, 749 29, 512 30,073 | Production thous. of bbls-.i 29, 949 Stocks at refineries at end of 41, 416 36, 579 33,854 ! 45, 239 * 44, 551 38, 581 month thous. of bbls Gasoline: 39, 459 39. 459 Consumption ._ .thous. of bbls.. 38, 375 35, 716 33,400 i 30, 742 4,030 4, 166 3, 093 3, 074 4,792 3,988 i Exports thous. of bbls ~~~3~325~ 8, 758 9,007 7, 178 10.705 i }v;vporr|3 thous of dolls j 7, i 80 7,234 12,540 . 133 .143 Prices, wholesale, New York-dolls per gal . . 143 .133 .133 il33 i Prices, retail, filling station, .124 .125 .122 50 cities dolls, per gal Production—• 3, 179 3, 521 3, 521 3,824 ! 3, 062 3.814 Natural gas (at plants) -thous. of bbls-J 39, 283 37, 469 38, 440 37, 024 36,601 Haw (at refineries) thous. of bbls 39, 019 962 j Retail distribution— 41 States-mills, of gals_ Stock, end of month — 722 614 855 860 1,006 j 996 Natural gas (at plant) thous. of bbls 40, 332 44, 296 35, 033 2 36, 405 48,587 47, 948 Raw (at refineries) thous. of bbls Kerosene: 2,678 2,114 2,804 ! 2,104 Consumption thous. of bbls... 2, 341 2, 395 1,131 . 1,214 1,057 1,145 753 ! Exports thous. of bbls... ~"l~267~ 720 .038 .038 .042 .048 ! .039 .039 .045 Price, 150° water white dolls, per gal._! 3,239 3,685 3,404 3,389 3,696 3, 397 ; Production thous. of bbls.-i Stocks at refineries, end of \ 6,734 6,869 6, 129 month thous. of bbls 6,558 6, 521 5, 960 Lubricating oil: ; 1,753 < Consumption thous. of bbls 1,549 1,969 1,850 I 1, 615 1,885 Price cylinder oil dolls, per gal .145 Production thous. of bbls 2,306 2,337 2,088 2,264 2,316 i 2, 143 Stocks at refineries, end of i Q 224 month thous. of bbls. . 9,289 9, 597 9, 763 10, 119 10,463 Wax: 34, 160 Production thous. of Ibs 35, 840 33, 040 42, 000 37.520 : 37, 800 Stocks, end of month thous. of ibs-,. 191, 158 192, 108 198, 407 200, 836 205; 803 205, 105 158 1,097 177 1,080 65, 249 4,789 450 .850 60, 645 110 63 149 159 • ; ! 166 1,032 i 1, 069 | 70, 026 '! 71,581 4,353 i! 4,727 487 ! i 540 .850 >'. .850 85, 991 ; 66,972 110 ; Ill 61 i 63 144 149 70, 310 4,467 657 .850 67, 957 114 64 151 74, 016 5, 061 866 1. 098 72, 893 115 65 160 101,442 40, 651 102, 368 i 103,421 40, 389 | 40, 325 103,253 40, 472 102, 530 40,. 338 170 1,089 151 1,053 73, 596 3,715 383 ,594 69, 397 112 64 162 100, 531 41, 016 40, 786 42, 027 41, 785 ! 41,136 43, 457 46, 032 310, 377 351, 163 313.310 355, 337 317, 854 1; 320,740 359, 639 : 361,876 323,151 360,608 323, 213 369, 245 2,819 1,528 2,564 1,463 2,890 •! 1,263 i 2,922 1,690 2, 895 1,895 3, 147 2, 093 10, 362 10, 283 9.516 9, 486 10, 877 i 10, 384 10,704 10, 492 11,134 10,911 12, 208 11, 785 643 3,644 3, 667 637 3,181 3,622 800 3,599 3,544 845 3,705 3, 863 790 3, 806 3, 794 902 4, 355 4, 463 .510 30, 754 .588 26, 536 .600 •i 29, 174 .610 29,704 .050 21;, 054 .594 29, 809 32, 105 32, 159 33, 977 i 37? 007 40, 427 41, 293 31,037 2,841 8, 426 .133 26, 133 3, 586 10, 604 .138 26, 844 i 29 213 2 4, 662 2 4* 225 13,728 13, 765 .135 .141 30, 882 32, 000 2 6, 133 1*2, 387 ,141 "'!l43 .137 .149 4, 048 35, 246 874 .146 .150 .154 3, 631 31, 328 '777 4,140 • ; 4,271 34, 472 32, 708 835 : 890 4, 317 33, 572 929 4, 405 37, 223 1,022 884 48, 225 692 45, 355 606 42, 818 578 40, 541 596 38, 705 559 38, 624 2,691 1,151 .051 3,676 2, 272 974 .053 3,171 2. 596 i 1, 275 .054 1 3, 560 - 2, 786 1, 310 .054 3,575 2,841 970 .053 3,590 2, 599 1, 373 .054 3. 876 6,300 6, 477 0, 555 6,883 7,379 7, 633 1,950 . 145 2, 293 1,583 .146 2,036 1,715 .165 ; | 2,441 ! .172 2,509 1,573 .184 2, 409 1, 569 .186 2,546 11,013 I 10, 971 10, 536 10, 502 42, 560 ! 36,120 233, 044 j 232,592 35, 840 237, 027 38, 080 210, 060 2,265 2,488 2 2, 527 15, 352 17,359 .148 ' :! 1,459 10, 710 10, 911 37, 520 208, 620 38, 640 229,414 2,203 1, 992 1,585 17, 173 16, 959 16, 002 18, 692 15, 307 ! 12, 314 1, 632 i 1,418 1,886 1 , 801 1,886 | 1,393 682 742 651 515 749 ; ' 519 •; 422 542 507 519 486 478 481 412 531 ' 494 : 436 316 i 553 30! .< 302 426 i 387 304 : 3,552 i 3, 421 2, 658 3,220 3,417 3. 194 29-i 319 ; 253 294 274 267 2,665 i 3,098 2,418 3, 200 ' 1 . 904 i 2,408 121 222 59 210 266 i 196 !, 1, 269 1,462 630 1, 324 967 1,536 391 159 123 168 303 ; 103 ; 102 ; 190 157 ! 160 191 252 216 : 170 198 246 | 181 232 ^ 183 ; 111 79 88 216 i ! 445 471 j 348 526 458 ] 384 209 ; 1.28 348 141 246 116 i 291 i 294 i 274 : 363 276 98 ! 208 • 206 -' 168 95 209 | i 1,091 782 1,246 ; 849 1,260 1,101 ' 522 ! 309 j 438 1 131 334 ! 166 ISO i 380 | 366 354 360 769 ! 577 320 j 614 ! 711 ; 480 413 j 451 i 502 '• 529 : 510 j 436 66, 877 i 79,772 i 88,443 i 88, 737 j 90,244 ! 72, 282 10, 820 1,001 338 536 270 292 1,687 255 1, 908 Hi) 619 292 151 210 64 282 422 311 169 j 713 273 288 17, 759 1,532 924 631 557 327 2,865 310 2, 994 65 1,675 426 243 297 265 502 774 304 298 471 252 406 362 403 75, 823 872 1 577 .1 231 158 567 1 635 616 i 815 [ 464 439 ! 82,407 , 89, 424 924 198 623 461 564 2 98. 34 8 DISTRIBUTION MOVEMENT Advertising : i AirKfuir ' vlvmising thous. of lines..' 1,911 1,603 1,316 MasasLiO advertisimT, tofal cost, . _ _ . _ thous. of dolls J i , 'JO 14,231 10,008 Aut< motive inf tIns* i'y_ ^ »us of dolls 1,304 1, '/) Building n:afe \ i - - _ T thoas of dolls 6>, 295 Cigir -, ris^re. .e - na o r (co.t^ou of doll'? GiO 428 ClotLin-. ,n.i '^ •,•'><•. vvo u s ( f uol's 180 Confer iojitTi. . r o u s of doli 378 Drug 0 <rnd to'iet g i n < . t ous of dolls 2, 865 2, 277 2,210 Fmaru'iii. _ tl ou& • f (^I's 26" 187 180 FoiKi"- - - - - - - - . _ _ JK us of lolls 2, 001 2, 0 1 1,805 Guraer - ... tl ous of dolls ±1 28 Houst- fu.rii^hni^--- 1 ou of dolls 453 1, -3~ 1 Jew* v lr\ i i O L s of doiiS 0 2( 6 Machinery ... ous of aoJls n M 55 •»s Oilit 3 equiprien" TOOL'S ol dolls if 88 Puiiits uid ' t'Ti 1 ^ i ^ t l ou c of dolls 123 Sb 45 Petroleum i roauci = ' hous. of doiis 371 422 V>3 lifiriios thous. of dolls 313 : 114 174 Schools vlious. of dolls 232 i 305 317 Shoes. . - _ thous. of dolls < 149 i 95 41 Soaps diid housekeepers' sup8S'J plies 1 'iO'i^. Of dolls 683 963 1 Sporting goods ". itou ' of doll '^ 117 201 Stationery add booko Thous. of dclls-431 241 i 160 1:31 Tr^vel mid amusement thous. of dolls. _ 171 1 172 1 Miscellaneous iicus of dolls :,60 328 450 | Xe^spai-ei advertising-..thous. ci lines. - 87, bo 3 77,208 i 67,169 JL ( ' • 1,613 2, 191 2,375 2,421 j i X> | "1 ! | i j 336 2,oIO 367 2,30J i i 1 i i 1 ' 479 211 274 88 430 759 239 275 823 717 554 382 3, 105 322 2,912 60 1 , 430 501 229 223 } 63 46 SURVEY OF CURRENT BUSINESS December, 1931 MONTHLY BUSINESS STATISTICS—Continued 1931 Earlier data for items shown here may be found in the 1931 Annual Supplement to the Survey October SeptemAugust ber June July 1930 May April March . Febru- January Decem- Novem- Octohtr ber ary ber DISTRIBUTION MOVEMENT— Con. Advertising—Continued K i u o l i O t d c s'lnsj, total cosl. thous. «>f aolls.. Vutomotue i uli s i \ thous. of dolls l5Uil('i is; in iteii Is thous. of dolls.. C ie TS cig,irt, es, f 1 tobcicco.thciis. of. dolls..C lothi \y VHI ( h \ r( o is thous. of dolls.. C. oiife^t ( i -"i v thous. of 'lollc, F in mci l . .-_thou3. </f dulls t l o i b e f o n s nn b c\vcl \ M lu^ j' in s i h j IL Ten 1 n i i ^u*- s "Ithoils" th-jus. HKMIS. ... .th ,i<«. tUcus. K (.1 i b( l T >b 11 plies i f)7 | T rlioii.3. «.{ ,', Us._ i h j ISi -v«H r i, j(,< S C ll 11 c HiS 1 4 : 3 110 485 116 665 84 107 49 341 31 57 89 09 124 122 13 130 129 24 118 K'J i b sup- ^ t n r in 1 pi lis'i j s i \ f l iM U K vL i,f dolls ( t dolls 01 ,ViN ,,f d'.us o f i. > < • > ' 2,730 : 3, 251 95 37 513 49 128 648 136 790 59 10 th' -Us of u('!L__ ill 1 / '3 ( IL <. 'IN i thuiis. t f t'l'iis.. *"hyu'i. of .< 11s. . ; 2,527 68 25 467 32 106 397 98 652 65 0 37 yo 18 51 Ic3 33 84 79 t l i O U S . «)' '<»lLl 2, 764 89 32 476 38 135 453 112 730 0 81 96 10 86 146 34 92 2 85 471 155 788 85 17 76 69 103 118 95 3,141 117 37 412 51 86 -165 125 781 93 16 75 56 91 142 112 2, 591 98 06 262 48 84 445 110 690 46 10 115 133 128 30 134 122 31 173 G3 15 105 24 137 2, 835 99 19 476 44 112 452 126 748 44 8 39 72 88 84 95 3, 036 91 30 425 68 100 463 136 762 71 18 72 74 95 104 131 3, 164 122 39 434 66 129 29 86 110 37 107 27 115 63 36 84 121 91 2,718 140 39 217 52 97 384 2, CM 7 134 38 238 48 94 433 117 672 50 11 88 15 99 130 1)8 '• no 2, 577 113 61 2, 07 i 1*8 70 1? 76 104 312 1M- 97 322 107 568 41 90 85 17 113 202 91 '• 620 46 63 85 13 .110 203 97 : 144 j 134 93 154 60 0 126 87 134 180 i; : 71 3 130 61 11V 01 0 Agricultural Products (Marketing) Agricultu r al, total Animal products: Dairy products. _. Pish Livestock Poultry and eggs Wool Total Crops: Cotton Total rel. to 1 ""3-25 rel. f o 19J?-_5._ iri. to H)13-r5 . nl. to 1L^3 15 ___.rel. t» '.23-25.. 1 51 t 3 ~q "M^ _ _ . . _ r o l . i( ' H ;~ i* i t i 1(/ 3 'V "H i t I'-1 °> 1Z 20 9 2 110. 6 84.9 103. 2 G1.4 66. 4 57.9 67.3 68.7 76.3 105. 0 142.8 200. 7 1 t£ 5 '0 2 ,5 1 90. 5 2 160. 1 88. 3 88.4 125. 1 291.5 96.3 180. 3 82.5 88.0 259. 6 94.3 123. 6 161. 2 88. 6 573. 2 105. 2 156, 6 144. 5 77.9 115.6 405. 4 118. 0 130.9 138.5 80.2 125. 6 197. 1 106, 7 113.1 174.3 82. 6 137.0 78.2 101. 2 102. 9 169. 4 79.8 121. 8 61.9 94. 0 91.3 116. 2 79.8 94.0 50.8 85. 5 96.4 i 103.4 i 96.2 95. 0 ! 25.3 94. 7 99 7 9S~! 9 93.9 137. 8 57.1 97.8 77.8 146.2 88.0 121. C 34 5 88.5 82.2 172.0 108.0 79. 2 79.1 96. 7 152.1 '06 7 1^1 1 79! 8 0 f 1 \ <) 103. 2 2 119. 3 217.9 29.2 154. 6 130. 0 64.1 83.9 22.6 139. 3 182. 9 103. 4 103.0 9.1 8J.8 28.3 102. 2 16s! 8 55. 2 os. o 135. 6 62.0 29.8 70.6 03. 9 93. 3 53.1 38.6 75.1 80.0 104.3 64.4 45.1 68. 1 84.6 91.1 G6.8 64.0 1 70.2 | 81.0 j 98.0 7-1. 3 144. 9 67.1 79. 8 79.4 105. S 240. 6 109.0 72. 8 89.6 148.8 327. 5 249. 0 82. 6 16S. 4 212.? 78, 534 786 70, 681 780 98, 321 933 111,183 948 91, 332 941 112, 843 1,258 138, 562 1,228 132, 609 1, 141 112, 250 ' 150,349 1,089 1, 065 96, 912 868 122, 150 1,103 22.1 17.2 141.5 63.2 85.3 66.3 20.4 186. 7 61. 1 87.7 65.6 27.5 189.9 62.1 98. 6 67.4 34.7 136. 5 62.8 123.1 88.3 44.6 98.3 59.1 117.2 64,0 68.9 39.7 55.4 118. 3 60.9 63.7 25.5 51.6 103.1 355.8 72.9 37.1 50. 5 110.9 55.9 66.4 117.7 50.7 115.6 60.8 112.9 57.4 105.4 62.9 53. S 143.1 63.4 99.3 6S.I ' 796,703 804, 455 779, 105 781,419 750, 960 750, 638 724, 617 642, 484 687, 560 767, 229 637, 062 743, 705 3,368 33, 370 3, 501 34, 224 3,729 36, 315 3, 766 36, 006 3,828 37, 803 4,015 37, 250 3,567 33, 240 3,749 1 4, 165 36, 352 1 39, 627 3, 525 34, 525 3, 662 35, 916 ~~~4~496~ 9,074 71,622 3, 958 9,930 76, 365 4,412 10, 734 79,311 4,348 10, 902 81, 956 4,073 11,562 90, 646 4, 442 11, 132 81, 747 5,014 9,701 70, 935 4,032 10, 590 i 11,716 78, 273 91,923 4,893 10, 443 10, 248 79, 934 5, 178 11,514 90, 647 4,996 98.8 107.4 2S, 618 26, 335 3, 150 | 2, 897 88.8 23, 389 2, 869 92.9 24, 578 2,903 99.4 26, 442 2, 957 104.5 27, 844 3, 047 109.9 29, 257 3, 268 113. 1 30, 178 3, 284 100. 1 26, 405 3,215 110. 3 • 145. 3 29, 172 38. 572 3, 466 4, 418 106.2 28, 379 3, 028 121.1 32, 279 3, £68 86 84 87 88 67 91 65 95 90 97 97 106 101 07 92 98 SO 97 I 79 94 165 98 113 102 112 30 88 81 84 79 76 81 75 82 80 83 85 83 87 84 87 86 81 8S 78 91 85 104 92 101 <*> C Collections Delinquent accounts, electrical trade: Delinquent firms. .._ ...number Forest Products (Marketing) Distilled wood rel to 1923-25 Gum rel. to 1923-25 1 Lumber .rel. to 1923-25.. i Pulpwood .rel. to 1923-25.. ! Total rel. to 1923-25 1 Postal Business Air mail, weight dispatched pounds Money orders: Domestic, issued (50 cities) — Quantity thousands.. Value thous of dells Domestic, paid (50 cities)— Quantity thousands.. Value thous. of dolls... Foreign, issued . thou^. of dolls Postal receipts: Total irdex rel to 1993 25 ! 50 selected cities . thous. of dolls ! 50 industrial cities thous. of dolls.- '; Metal! Sales Department store sales, value of: United States, adjusted— _rel. to 1923-25.. United States, unadjusted. rel. to 1923-25. . Department store stocks, end of month: United States, adjusted rel. to 1923-25.. 1 United States, unadjusted, rel. to 1923-25.. ! Installment sales in New England dept. stores, ratio to total sales per cent.. i Mail-order houses: Total sales, 2 houses ..thous, of dolls.. ! Total sales, 2 houses rel. to 1923-25.. I Sears, Roebuck & Co thous. of dolls.. i Montgomery, Ward & Co. thous. of dolls.. | Restaurant chains: Childs Co.— Sales thous. of dolls : Stores operated number. ; J. R. Thompson Co.— Sales . . thous. of dolls , Stores operated. _ number.. Waldorf System (Inc.)— Sales . .thous. of dolls : Stores operated number . j Total sales, 3 chainsTotal . .thous. of dolls Stores operated number . i Grocery chains: Atlantic & Pacific Tea Co.— Total sales thous. of dolls.. ! Weeks in month number i Weekly average thous of dolls ! Tonnage sales _ _. tons j Weekly average. tons.. 1 2 Revised. 30. 0 11 1. 0 60. 5 08. 6 02. 0 2111.9 2 56. 6 76.2 259.3 11.0 8.9 11.9 6,7 4.7 7.0 6.5 8.4 10.6 52,280 160 30, 246 22,034 i 45.955 141 28, 450 17, 505 43, 004 132 26, 597 16, 407 45, 093 138 29, 773 15, 320 49, 4SO 151 30, 261 19, 219 50, 070 153 31,523 18, 547 52, 078 159 31,520 20, 558 43, 008 132 25, 407 17, 601 39, 422 121 24, 177 15, 245 120 I 41,459 127 24, 839 16, 620 58.0 8.5 7. 4 8. S 72, 486 222 43, 814 28, 672 55, 713 170 33, 312 22, 401 68, 878 211 38, 785 30, 093 2, 208 ! 507 2, 164 108 2,030 108 1, 858 108 1,847 109 1,957 108 2, 059 110 2,064 111 1,889 111 2,083 ! 112 ! 2, 277 112 2,075 111 2,259 111 115" | 1,278 117 1,301 117 1,086 118 1,093 117 1, 202 116 1,175 117 1,208 117 1,082 120 1,192 I 120 1, 246 120 1, 186 121 1,287 121 1, 303 156 1,246 154 1,244 165 1, 245 162 1,337 162 1, 360 160 1,351 180 1,210 160 1,295 152 1,379 152 1,338 147 4,745 381 2 4, 577 379 4,188 391 4, 185 388 4,496 388 4,594 387 4,623 388 4,181 391 4, 570 I 384 4, 902 384 4, 599 379 95, 498 74, 642 4 5 19, 100 18, 660 524,743 411.883 104,949 102, 971 74,411 4 18, 603 399, 779 1)9, 945 95. 528 5 19.106 513, 095 102, 619 80, 851 4 20, 213 454,268 113,567 82, 719 82, 385 4 4 20, 680 20,596 435, 292 439, 545 108,823 109,886 97, 559 6 19,512 508, 490 101, 980 i 1,359 156 1 I ; | 102, 946 85, 160 4 5 20, 589 21, 290 563, 223 454, 479 112,645 113,620 2 1, 350 145 4,884 377 81,347 79, 820 M00,965 4 4 5 20, 337 19, 955 220,193 416, 673 400,203 481, 70S 104,168 100, 051 96,341 SUKVEY OF CURRENT BUSINESS December, 1931 MONTHLY BUSINESS STATISTICS—Continued Earlier data for items shown here may be found in the 1931 Annual Supple- ment to the Survey DISTRIBUTION MOVEMENT—Con. Retail Sales—Continued Chain stores, sales: F. W. Woolworth & Co.— Sales thous. of dolls.. Stores operated— number.. F. & W. GrandSales thous. of dolls-. Stores operated number.. G. C. Murphy Co.— Sales... thous. of dolls.. Stores operated numberIsaac Silver & Bros.— Sales thous. of dolls.. Stores operated _ number— J". C. Penny Co.— Sales thous. of dolls._ Stores operated. number. _ MeCrory Stores Corp.— Sales -...thous. of dollsStores o perated number. _ Metropolitan— Sales thous. of dolls.. Stores operated number._ S. H. Kress & Co.— Sales thous, of dolls... Stores operated rsumber. _ S. S. Kresge Co.— Sales thous. of dolls.. Stores operated number— \V. T. Grant Co.— Sales thous. of dolls.. Stores operated number— Five and Ten—chain group: Actual ...rel. to 1923-25Adjusted for seasonal..rel. to 1923-25.. 1930 1931 October 26,150 1,908 ; August 21,732 1 21, 712 1,902 I 1, 895 July I June j May 21,079 I 21,978 1,889 ! 1,889 J April : JNovem-! January i December ber March 24,117 ' 23,830 : 21,724 1,896 j 1,896 i 1,894 19, 3S6 1,888 IS, 240 1,886 42, 320 1,890 24,077 1,890 2,134 I 121 i 1,699 i 121 i 1, 565 119 1,628 | 119 ; 1,833 119 1,825 I 118 ' 2,004 117 ; 1,431 114 1,371 112 3, 545 112 1.894 116 I 1,715 | 172 i 1,490 ! 172 I 1,519 172 1,475 I 170 | 1,569 ! 169 j 1,549 168 | 1,588 i '168 1,329 I '166 j 1.204 '166 1,221 166 3,170 ! 166 i 1,579 185 832 i 45 | 607 i 44 i 589 45 594 ! 45 ' 692 ! 45 ! 695 i 45 | 723 ! 45 596 ! 45 | 613 45 | 476 45 1,421 ! 45 j 673 45 9, 540 I 1,453 I 1,452 3,381 ! 242 | 2,946 ! 242 i 2.903 '212 i' 722 ; 91 ! 508 i 93 i ! 445 94 i 487 £5 ' 5,407 | 217 i 5, 761 ! '216 i 5,259 I 213 ! 4,487 ! 2il I 11,896 i 694 12, 590 I G88 ; 17,968 < 1,458 i 3,881 | 244 13, 257 1,456 14, 577 3, 260 ! 244 j 571 j 83 j 3,214 243 i 518 83 3,004 i 242 i 10,957 I 703 ! 7,423 | 5,570 167 ! 150.7 i 141 155.1 ; 5,395 381 3, 240 ! 243 I 3,412 ! 243 558 i 83 ! 5,104 ! 218 i 5,295 : 220 i 12,498 705 14,832 I 15,450 ! 15, 380 1,453 i 1,453 | 1,454 5,227 i 375 i 6,289 I 371 , 307 ; 139 147.3 147 ' 100. 6 155 3,703 243 12,443 1,454 4,400 211 i 23,703 i 18,937 I 1,452 | 1, 452 j : 4,347 | 350 ; 4,110 350 ' 127 ; 102. 5 ! iro. s 124 J.621 ' 164 2 111,881 1, 450 3, OOG 6, 783 I 242 ! ' 241 724 95 12,001 i 213 ; 9,82.: 081 5, 334 354 in 5, 528 213 12,503 i 076 i 11,7 348 6,677 346 298 i 153. 2 i 159 158. 3 70.4 69.9 Warehouses Public merchandising warehouse?, space occupied p. ct. of total.. 63.9 60.8 FOREIGN TRADE Total trade: Exports Imports __________ ........ thous. of dolls.. -thous. of dolls. . 56,534 j 49,909 45, 933 45, 379 49,894 i 350,671 i 47,308 ! 48,379 55,320 ! 60,845 52,508 ! 73,457 34, 674 51,189 United States Exports: Grand total, including reexports________________thous. of dolls 204, 904 2180,220 164, 822 180,670 187,190 | 203,991 214,888 By grand divisionsAfrica, total.. ..... ____ thous, of dolls 6,162 4,648 i 6,129 4,925 5,070 5, 376 4, 140 Asia and OceaniaTotal_____________thous. of dolls 33, 420 36,202 37, 221 34, 548 28, 996 34,660 Japan _______ ..... .thous. of dolls 11, 201 14,230 8,357 10,885 13, 131 12, 370 EuropeTotal....._________thous. of dolls 88,149 j 89, 576 94,320 111,983 90, 361 74, 567 79, 977 France ____ ...... ..thous. of dolls 8,688 j 10,121 11,329 8,802 7,392 8,106 7,726 Germany ........ -thous. of dolls 10,819 ! 13,153 12,282 17,352 8,286 7,873 12, 837 Italy______________thous. of dolls 3,622 ! 3,887 3,884 6, 158 3, 757 3, 239 3,986 United Kingdom. .thous. of dolls 50, 559 34, 589 27,815 32,564 30,915 | 34, 238 33, 344 North AmericaTotal _ . .......... thous. of dolls 51, 247 ! 59,581 62,974 40, 072 40, 941 44,328 | 48, 018 Canada ______ ..... thous. of dolls. 35, 030 i 41,664 44,Sol 26,621 ! 28, 002 32,677 I South America — Total -------------- thous. of dolls 12.861) i; 15,286 10,252 | 10,230 | 10, 770 16, 407 12, 945 Argentina ____ ..... thous. of dolls 4,295 5,583 5,803 3, 435 ' 4,706 3,658 ! 4, 420 By economic classesTotal domestic exports 2 only ------------------- thous. of dolls ! 201,390 I 177, 385 2161,494 I 176,980 182,987 ! 199, 205 210,061 Crude materials________thous. of dolls 63, 624 2 44 339 25,502 ' 28,378 | 29,070 ; 36,484 40,149 i Foodstuffs, crude, and food animals________thous. of dolls. 9,981! 13,999 I 11,119 ! 10,546 8, 626 13, 967 2 10, 289 Manufactured foodstuffs ..... ---------- thous. of dolls 17,531 ! 18,868 25, 349 2 18, 123 2 18,075 ! 18, 306 19, 593 Finished manufactures.thous. of dolls 77, 264 83, 188 2 84,069 \ 88,348 97,736 | 103,416 i 110, 768 Semifinished manufactures ---------------- thous. of dolls 21, 186 21,»396 2 23, 868 ;' 27, 949 27,451 | 29,891 30,925 Agricultural exports (quantities)— All commodities_______rel. to 1910-14 86 53 ! 63 58 ! 66 68 All commodities (except cotton) ........ ------ rel. to 1910-14 89 86 I 83 I 97 92 81 Imports: Grand total ______ ......... thous. of dolls.. 168, 707 2 170, 368 2166,679 | 174,460 173, 673 | 179, 694 185, 706 By grand divisionsAfrica, total___________thous. of dolls.. 2,384 | 2,773 j 4, 337 3,098 2,400 1, 697 3,778 Asia and OceaniaTotal ------ ..... ..thous. of dolls.. 48,413 42, 494 45.581 ! 48,772 i 52,757 i 49,964 53,180 Japan ...... . ...... thous. of dolls.. 19, 474 17, 256 16,052 ! 16,057 j 14,988 | 15,580 12,183 EuropeTotal ......... --thous. of dolls. 56, 302 60, 788 50,776 I 51,359 ! 47,480 ! 51,841 53, 387 France. __ ...... ...thous. of dolls. 8,971 7, 799 6,551 | 5, 459 i 5,516 1 6,143 6,250 Germany ......... thous. of dolls. 12, 071 12, 203 11,734 i 8,937 I 9,512 ! 11, 249 11,373 Italy -------------- thous. of dolls. 5, 648 4,269 i 4,627 ; 5,741 i 5,635 4,351 i 4,138 United Kingdom. .thous. of dolls. 11,278 13, 379 11,000 ! 12,354 j 11,561 I 11,509 I 10,951 2 Revised. 44,914 50,994 56, 296 75,348 45,634 * 68,053 I 74,592 50,414 | 60,338 ! 76,325 224,413 I 249,646 235,881 4,923 4,954 5, 514 38,913 17,995 33, 252 11,257 35,431 ! 14,743 113,838 12,456 19,195 5, 691 39, 706 117, 938 13, 564 16, 960 4,168 38,626 52. 762 56,952 . 35,305 j 33,657 15,139 4,512 15,508 ' 20, 049 5, 407 4,922 220,666 47,660 9,583 ! 7,316 22,165 116,110 23, 381 110, 256 5,635 i 6,588 [ 42,279 i 39,219 12,593 j 12,425 131,699 ! 141, 621 16, 676 19,172 17,015 i 20, 326 5,200 , 8,625 49,744 53,871 I 63,068 41,860 231,077 56,428 275,193 j 289,021 44, 107 11,241* 155,227 22, 094 23, 686 7, 582 61, 094 61,921 i 64,471 36,326 ! 41, 689 8,801 j 245,771 | 270,810 58,625 76,735 23, 516 8,728 285,441 90,930 322,941 104, 829 8,487 |! 13,462 I 15,592 27, 039 1 27,033 117, 053 119, 670 29,992 115,802 32,143 132, 729 27,415 34, 567 33,9JO 33,125 38, 012 87 i 71 85 109 126 137 so i 82 95 105 116 127 210, 200 175,108 183, 132 208, 721 203, 713 247, 322 3,052 2,344 3,500 3,353 3,938 4,310 59,552 i 50,183 56, 024 18,454 j 16,255 I 19, 711 64,941 27, 208 53,032 19, 620 73.915 30, 584 ! 51,172 ! 52,940 i 56,661 5,881 7,275 6,880 ! 9,486 10,682 11,619 ! 5,128 3,724 5,252 j 11,970 10,913 11,468 56,560 8,227 11,166 6,353 15,289 76,610 11,662 17.367 6, 464 17,748 31, 429 62,174 6,598 13,434 6,192 13,033 j 48 SURVEY OF CURRENT BUSINESS December, 1931 MONTHLY BUSINESS STATISTICS—Continued f'arlier data for items shown here may be found in the 1931 Annual SuppleOctober !»" August ment to the Survey 1931 July ; June 1930 ! I May April March N< Febru- January p-;ary ST- <**<*>« FOREIGN TRADE— Continued United States— Continued I rii ports — Continued North AmericaTotal Canada South Americn— Total Argentina By economic classesTotal thous. of dolls. thous. of dolls 40, Ou^ 21,2 1 41, 608 21,928 45,346 ! 47,827 ; 44, 456 20,529 ; 22,341 ! 22, 854 45, 177 24, 110 46, 484 23, 757 50, 230 24, 148 42, 294 21, 454 43,858 23, 534 53, 2"7 26, 139 54, 526 30, 279 62, 104 34, 336 thoi> of dolls the 1° of u^lK _, f ^ T ', T' * 22,380 4, 753 22,567 i 24.133 ! 26, 068 3,595 | a, 042 ; 2, 645 28,844 26,917 3,215 i 2,838 34, 599 3, 505 20, 115 2, 849 26, 928 2, 356 30, 509 2, 519 26, 657 2, 370 30. 428 2, 030 166, 779 i 174, 460 47,686 | 49,978 173,673 52,416 179, 694 185, 706 54, 160 | 54, 702 210, 200 64, 607 175, 108 56, 357 183, 132 59, 318 208, 721 69, 079 203,713 59, 243 217,322 77, 487 21,820 i 25,930 27, 435 t\OT*. of doll 3 Foodstuii's, crude, and food animals t)iGU->. t f dolls Manufactured foodstaiLs _ .._ __ tli on- o f dolls Finished msinufaetures.thou;?. of dolls Semifinished manufactures thous. of dolls Iv-, 70. 2 170, 368 ,} \~ ( 52 927 '• "i 18,649 1o o 16, 483 5v, ' 52,012 2) ( o 30, 295 2 30,774 28,912 33, 020 28, 314 27.363 30,029 27,337 32, Si';: 25, 541 1 21, 120 ! 19, 744 45,295 | 47,442 \ 44, 276 18.850 45,527 : 22,985 45,734 23, 558 49, 226 17, 737 41, 168 14,644 44,947 22,312 49,172 •i, 045 57, 826 23, 145 68, 321 28,336 1 30, 382 33, 373 39, 789 31, 532 3->,8bO ' 38,129 38, 202 45.. 520 81. 1 70.0 82. -2 71. 4 98. 3 100. 8 80. 2 77, 4 60. 4 85, 7 71. 8 97. 0 75.2 - 79. 4 82. 0 101, I 104. 3 81. 3 80. 2 62. I 88. 0 72. 6 98. 4 75.4 80. 7 c3. 5 68. 6 76. 4 57. 2 69. 6 97, 2 92 5 72. 8 99. 0 91. 8 77. 2 78. 3 83. 6 93.0 103.4 84. 7 85. 2 94.5 104.3 89.3 92.6 98. 4 95. 2 96. 7 91.0 94.2 95. 5 97. 5 164. 7 29,990 j 29, 803 ! EMPLOYMENT AND W.*GLS Employment Factory employment, adjusted (Fed. Res. B J.) : 70. 3 72. 8 74.1 ! 75.1 : 76.0 Total rei to 1923-25 77.8 ! 78.0 77.8 77.9 78. 3 80. 1 64. 4 57. 6 59. 4 60.1 62.7 | 65.4 ! 65.2 65.0 Cement, clay, and glass rel. to 1923-25... 65.2 64.4 i| 68.6 Chemicals — 85. 4 85. 7 Group rei. to 1923-25.. 86.6 ! 89.4 ! 89.6 93.0 91.7 94.5 89.8 96.6 ! j 97.9 90.2 83. 2 32. 9 84.8 \ 87.1 ! 94.5 1 94.0 97.4 Petroleum, refined rel. to 1923-25.. 87.2 99.7 i ; 100.8 06. 2 67. 4 70.3 ! 72. 1 j 72.6 75.9 Iron and steel rel. to 1923-25.. 74. 8 76. 5 77.5 I i 79.1 76.6 70. 4 SO. 9 84.3 i 84.8 I 83.9 Leather and its products _. rei, to 1923-25 _. 84.2 ! 84.0 78.4 82.2 77.1 !! 76.6 54.4 51. 1 ! 52. 0 ! •iS. 4 49. 4 55.4 : 55.4 55.7 56.3 Lumber and its products. _rel. to 1923-25.. 56.3 l | 58.8 73.4 05. G 67. 3 67.7 ! 70.3 Machinery rel. to 1923-25 76.3 ' 78.0 79.3 81.9 I i 84.2 80.6 63.1 | 64.2 65.4 01.7 62.5 6G. 6 1 66.5 Nonferrous metals rel. to 1923-25. _ 66.8 66.6 69.2 j | 71.2 93.0 93.0 91.0 91. 1 93.6 Paper and printing rel, to 1923-25. _ 95.3 ! 95.0 94.7 94.9 95.6 j ! 96.7 75.7 70. 3 69. 8 70.5 ! 73.8 Rubber products rel. to 1923-25 74.0 i 70.5 68.4 71.4 73.7 i 74.7 80. 0 80. 9 i 79. 6 ! 79.7 Textiles .rel. to 1923-25. . 76. 0 78.6 81.2 80.2 77.2 75.5 I i 77.4 80.4 79.1 ! 81.4 j 75. 8 77. 2 82. 1 ! 82. 1 Tobacco production rel. to 1923-25 83.4 81.3 i ' 83.5 84. 6 j Transportation —< 51.7 57.2 62.4 Group rel. to 1923-25 58.3 i 60.2 ' 63.2 63.8 64.9 64.3 67. 1 69. 4 50. 5 62. 0 64. 2 67, 6 ! 70.7 Automobiles rel. to 1923-25 70.9 i 70.3 70.2 68.8 72.3 ;. 78.9 Nonmanufacturing industries: l 67.3 ! 65.1 80.3 i 85.2 86.8 80.0 76.1 Anthracite mining rel. to 1929 82.0 89,5 90.6 !l 99.1 78.4 81.3 ! 80.4 77.0 i 76.4 I Bituminous coal raii'U47 rel. to 1^29 82.4 85.9 88.8 93.9 I ! 92.5 91.5 53. S | 55.5 55.8 | 56.2 ! 60.0 62.4 : 63.9 63. 5 Metalliferous mining rel. to 1929 65.3 68.3 i j 70.1 Quarrying and noninetallic mining _ . .„ .rel. to 1929.. 64.5 j 60.6 72.3 68.9 ' 71.0 i 75. 0 ! 76. 1 70.0 64.4 ' 70.2 66.6 60.4 ! 61.2 62.4 i 65.3 '• 65.0 72.2 73.2 67.8 69.8 Crude petroleum producing. -rel. to 1929.. 74.8 • 77.4 86.9 811 ! 85.0 85.9 ; 86.6 87. 4 88. 1 89.2 Telephone and telegraph rel. to 1929.. 88.6 90. 5 91. 6 92. 7 94. 7 95.9 ! 96.7 , 97.2 97. 6 97. 1 96.7 Power, light, and water rel. to 1929— 97.8 99. 2 103. 2 Operation and maintenance of electric 85.3 82. 7 84. 0 84.8 1 85.6 86.4 85. 9 86. 8 86.6 86. 9 88. 8 railroads rei. to 1929— 87.1 86.5 i 86. S 87. 1 87. 4 87.4 85. 2 86, 1 88.2 89. 5 92. 0 Wholesale trade rel. to 1929 89. 8 86. 6 89.1 81.8 83.9 89. 9 90. 1 87.8 87.1 90. 0 115. 1 Retail trade _. ..rel. to 192992.8 93.3 88. 5 90. 6 91.6 92.5 95.9 96.8 Hotels rel. to 1929 96.8 95.0 93.5 142.9 102.2 108. 1 180. 1 70.6 56.0 59.6 48.3 Canning and preserving rel. to 1929. _ 53.0 48.9 , 61.6 Employees on pay roll unadjusted: 81.3 ! 80.3 83.8 76. 0 75. 6 86.9 S8.8 90.0 90.0 Cleveland rel to Jan., 1921 89. 8 87. 9 83.2 84,4 74. 5 81. 2 86. 3 ' 86. 9 88.1 87. 1 86. 7 85.6 Delaware rel. to 1923-25- . 87.6 50.0 ! 61.8 73.2 81.2 -11.7 51.0 80. 4 83. 5 83.0 76. 5 40. 0 Detroit-. _ rel. to 1923-25., 70.1 I 70.5 65 7 68.3 72.3 74.5 75.6 76.5 Illinois rel. to 1925-27 76.6 76. 3 77. 5 100. 1 108. 7 105.0 106.3 110.1 Iowa rel. to 1923__ 110.1 111.0 114.6 113.8 117.2 U2.5 69.0 71.2 09. 1 i 67, 6 70.8 72.2 Massachusetts rel. to 1925-27.. M 1 68.6 71.9 69. 4 69. 9 72.3 i 72.5 75,9 ! 76.2 70. 6 . 72, 0 73.8 76.2 75.5 Maryland rel to 1924 73. 6 76. 7 72. 4 ' 73. 2 75.3 1 75.7 73.0 : 72.6 77.4 73.6 77.0 77.9 | 82.2 New Jersey rel. to 1923-25 OJ 7 i 65.8 64.0 i 64.2 65. 6 67.6 ! 69.0 68.5 New York St^te rel. to 1923 69.6 67.5 '! 69.3 New York State .number.. 252,45:3 364,265 353,895 i 355,504 362, 885 373,993 ! 382,045 384, 983 379, 089 373,304 || 383,518 76.9 i 78.2 81 3 71.3 75.5 82.7 i 83.0 82.4 80.9 Ohio . rel. to 1926— 79.8 i| 81.9 72.9 ! 72.5 71.9 ' 72.7 77.4 \ 79.4 80.2 74.8 78.9 i! 81.7 79.8 Pennsylvania rel. to 1923-25 75.6 ! 79.8 76.7 78.1 1 77.9 77.6 Wisconsin rel to 1925-27 75.0 78.2 76.9 ' 77.5 74.2 65.5 | 63.4 78.3 i 82.9 fe4.-i ! 77.8 79.9 87.1 88.3 1 96.5 Anthracite mines, einploymeiit.rel. to 1923-25— Applicants per 100 jobs, employment agencies: 147 141 268 ; 237 165 151 158 i 133 195 208 Canada number 205 196 202 217 i 209 181 177 179 224 | 218 United States _. number,. 273 | 247 246 232 250 206 199 215 261 I 233 Central States number 212 ! 235 221 191 202 187 i 181 209 2 5 4 >i 239 Eastern States.... ....number: 287 411 ! 265 345 i 237 215 277 265 i 293 1 314 Southern States. . number.. 94 i 94 84 66 i ,80 75 89 ! 91 ;| 103 91 Western States . . _. number „ . _ . .' 244 i 250 218 1 215 250 i 331 i ' 270 251 220 245 228 i Illinois..-. number. _ 212 197 : 172 199 i 186 250 : 230 i 191 197 Wisconsin number Employment Trade Unions: 84.2 1 83.8 83.7 ! ; 8i.9 83. 8 85. 1 84.5 84.4 Canada p. ct. of total membership.. 84.0 1 83.0 74. 0 ! 74. 0 74.0 i 74.0 75.0 | 75.0 75.0 74.0 73.0 ! 73.0 i 77.0 United States .p. ct. of total membership . .. J 107.1 1 105. 2 i 103. 8 102. 2 99. 7 100.2 l 103.6 100. 7 | 101.7 i 108.5 Employment, Canada . ._ rel. to 1926— Factories, time operated: 89 91 i 90 91 89 i 90 89 | 89 90 j 88 :. Total p. ot. of full time Chemicals and other i 94 93 | 92 95 95 1 96 97 95 ; 95 96 i products p. ct. of full time-Food and kindred prodi 98 95 96 95 97 j 97 96 96 96 96 ucts p ft of full ti r ne Leather and its finished 93 1 92 91 92 92 ! 90 91 89 ii 87 90 products p. ct. of full timo _ ' .. Lumber and its manu85 83 : i 84 83 84 85 ; 88 1 85 ! 84 ; ! 83 factures p. ct. of full time Iron and steel and their 70 ! 76 77 79 80 SO 80 : so !! so i 7i products p. ct. of full time 84 ! 84 84 87 : ! 82 85 86 87 86 j i 86 Nonferrous metals ...p. ct. of full time-93 ! 93 94 95 95 95 i 92 96 j 95 ;; 96 Paper and printing _. p. ct. of full time.. Stone, clay, and glass ! 90 91 91 91 ! 90 1 90 90 90 •! 90 I 88 -Droduets u. ct. of full time-. i s Revise!. 87. 4 87.9 75.8 77. 7 117.7 73. 2 78.8 85. 8 72. 0 398,424 82. 1 84. 7 78. 5 94. 7 ! i 91. 6 94.0 79.0 80. 2 H4.3 75. 4 81.6 88. 2 74. 3 411,338 85. 1 86. 4 81. 3 96. 2 189 227 251 231 344 123 280 210 21 1 l'J3 240 1S2 277 74 278 178 86. 2 78. 0 -S 89. 2 79. 0 118.2 90 92 112 95 97 | 97 98 84 90 j 86 S9 ! i 80 87 96 ^3 89 97 I 91 93 49 SURVEY OF CURRENT BUSINESS December, 1931 MONTHLY BUSINESS STATISTICS—Continued be found in the 1931 Annual Supplement to the Survey EMPLOYMENT AND WAGES-Con. Employment—Continued Textiles and their products p. ct. of full time Tobacco manufactures p. ct. of full time Vehicles for land transportation _ p. ct. of full time Miscellaneous industries _ _ p. ct. of full time. Federal Civilian Employees (Washington) numbcr__ Hours of work in factories: Actual hours per week Nominal hours per week Labor disputes: Disputes nuniber Man-days lost in month— number.. Workers involved number.. Labor turnover: 'Yeces^ions p ct of no on pay roll SeparationsTotal p ct. of no. on pnv roll Discharges- _ _p. ct. of no. on pay roll.. Lay-oils p. ct. of no. on pay roll-Voluntary quits p ct of no on pay roll Ohio construction, employment - rel. to 1926 Railways, employees on pay roll.. thousands.. Wages Anthracite mines, payroll rel. to 1923-25.. Factory pay rolls (Fed. Res. Bd.): Total rei to 1923-25 Cement, clay, and glass re!, to 1923-25.. Chemicals— Group rel. to 1923-25 Petroleum refining el. to 1923-25... Iron and steel M. to 1923-25 Leather and its products... el. to 1 923-25. _ Lumber and its products., el. to 1923-25.. Machinery el. to 1923-25— Nonferrous metals el. to 1923-25- _ Paper and printing.... el. to 1923-25-. Rubber products <"•! to 1923-25 Textiles......... el. to 1923-25 Tobacco products rel to 1923-25 TransportationGroup rel. to 1 923-25.. Automobile rel to '923-25 Nonmanufacturing industries: Anthracite mining rel. to 1929... Bitutnmous coal mining rel. to 1929.. Metalliferous mining rel. to 1929. _ Quarrying and nonrnetallic mining rel to 1929 : Crude petroleum producing ..rel. to 1929- _ Telephone and telegraph rel. to 1929.. Power, light, arid water rel. to 1929.. ! Operation and maintenance of electric railroads rel. to 1929— Wholesale trade rel. to 1929.. 1 Retail trade . rel. to 1929 Hotels rel to 1929 Canning and preserving rel. to 1929... ' Farm wages, without board dolls per month Industrial pay rolls: Total, monthlyDelaware _ _ . rel. to 1923-25.New Jersey rel. to 1923-25— New York rel. to 1923Pennsylvania rel. to 1923-25 Wisconsin . rel to 1925-27 WeeklyNew York State thous. of dolls.. Road building, wages of common labor: By Geographic sectionsUnited States average-cents per hour,. East North Central__-cents per hour-East South Central cents per hour-Middle Atlantic cents per hour.. Mountain section cents per hour.. New England cents per hour-Pacific section ._ cents per hourSouth Atlantic cents per hour.. West North Central— cents per hour-West South Central- .cents per hour.. Railways, average hourly wages dollars.. U. S. Steel Corpn., wage rates, cents per hour-Weekly earnings of factory labor: United States, totals, 23 industriesGrand total dollars Grand total rel. to 1923Men — Total dollars Total rel to 1923 Skilled dollars Skilled , rel. to 1923 Unskilled dollars. Unskilled rel to 1923 Women. . . . _ .. dollars Women rel. to 1923 ~ 1930 1931 Earlier data for items shown here may August October September 38 2 48 0 32 4 July June May 92 87 93 87 89 91 92 85 86 88 71,658 71,693 72,417 39.9 48. 0 40 9 47.9 ! 89 258 • 54 695, 963 21,217,397; 2666, 309 46, 029 221,667 i 58 995 51 506, 097 17.071 91 85 92 88 89 90 85 85 70, 580 70,885 39 2 48. 1 43 6 92 87 : 39 9 ' 48. 2 30 6 : 35 5 April March 93 86 Febru- January ary Dece,, J N o v e n , - 00 ' 91 i Oflob( . r 91 89 92 90 94 87 93 85 92 91 91 89 91 ' 91 93 88 87 87 88 88 88 90 72, 297 71,917 71, 162 71,252 71,189 71,052 70,790 42.7 48.0 41. 7 48.0 41.8 48.2 42.3 47. 9 40 2 48 0 49 402,437 15, 735 39 769, 720 22, 604 27 422, 545 28, 139 34 228, 329 12, 512 20 181,031 2,927 7 : 21> 194,455 i 273,608 5,144 j 7,759 36 335,916 16,007 6- 9 45 1 41 6 34 8 35 0 33 9 44 6 47 6 30 J 37 2 3. 8 23. 9 43.2 3.1 20.6 36. 8 2.6 22.8 3 T (; 25. 1 " o :>2. 2 24. U 2 V' 33. 7 52. 9 3 8 33! 9 90 88 ! 41 6 48.3 i . 59! o 68 4 2.9 51. 4 43 2 2. 0 ; 28. 2 i 54 9 2. 9 3«J. 1 46. ; 2. 8 32.8 3.3 2S. 6 1! 8 14 1 124 12. 9 12 4 13. 2 13.9 11. I 9 6 8 7 9. ',' li.iJ 15 2 5-1 2 58.3 60 0 1,288 62. 8 1,310 63.3 1,317 61.3 1, 337 60.0 1, 331 53.7 1,319 51.9 1,316 49.4 1,334 59. 8 1,357 72. 0 1,394 82. 6 1,455 65.0 47.8 45.6 56.5 64.6 63.8 5ft. 7 79.8 75.3 85. 0 83. 2 ! 02. 3 ,59 4 43.9 61 8 46. 1 64 3 48.1 ! 84. 4 49,4 67.6 54.4 72.1 56.7 73.6 55.7 74.9 54.0 73.2 51.4 6S.4 46.6 73. 7 f>n. 3 75. 1 CO. 9 SO 8 (ft. 4 SO 8 80.8 43 9 56. 4 38 2 50! 2 49. 0 91.4 53 7 66. 0 64 (3 80 8 83.0 45 2 67.7 40.3 51.2 50.2 90.4 54 6 7LO 62 7 80.4 ! 85.6 50.6 75.5 41.3 ! 54.9 ; 52.9 93. 1 : 62 2 70. 2 66.3 82.9 89.6 52.4 72.6 41.7 57.4 54.5 93. 6 64 0 65. 9 67 5 84.1 91.1 57 6 66.7 44.6 62.4 59.1 96.6 72 4 66.7 68 ? 88.4 96.1 64, 9 68.7 45.7 67.8 63.4 100.0 71 0 71. 7 6S. 3 92.0 96. 7 69.1 70.6 44.9 69.7 65.4 100.6 66 8 76. 8 65. 7 89.8 90. 8 70,0 73.4 46.2 72.0 6(5.3 101.9 63 2 81.9 68.3 92. 9 100. 8 67.5 68. S 45.6 71.9 64. 4 100. 7 63 8 76.9 ftn 3 90. 4 99. 3 62. 4 60.6 44.0 69.9 64. 1 101.3 63 8 68!4 64 3 94. 7 101.4 66.7 58.1 • 50. 4 75. 0 67. 9 105.7 62 6 72.2 77.7 9ti. 1 103.2 68.9 55.0 54. 7 75. 1 67. 3 105.0 58. 7 73.4 76. S 99 v) 109.3 75 8 G9. 7 GO. 4 81. 4 G9. 4 J05. 4 do 9 80.3 78 0 45.3 41 4 45.6 41 5 50.9 50 4 52.7 53 2 58.8 62 1 66.1 75 6 65.3 70 8 64.1 67 7 62,2 61 1 51.8 40 0 60. 8 55 5 GO. 8 57 4 62. 8 5S 4 91. 1 56 2 37^4 64.9 53.6 40.0 56. 4 50.6 40.2 53. 7 50.4 41.3 66.7 52.4 46.1 76.1 54. 4 49.3 75. 2 58.6 51.4 71.3 65.2 52.8 101. 9 68. 3 54.6 89.3 73.3 55. 0 100.0 77. 7 : 59.9 98,0 79. 1 63.4 117.2 79. 4 68.6 4fi 7 54. 4 91.0 93. 2 51 2 55.2 92.1 94.3 55 1 56.3 i 92.3 96.2 ; 57.3 59.2 93.3 97.4 60 1 62.7 95.0 98.3 62.3 64.7 94.1 98.7 62 6 66.3 95.0 97.6 58 2 73.2 97.9 102.4 54 4 70.0 94,8 99.7 50 4 71.5 • 96.3 i 98.6 59. 9 77.2 101.3 106.3 66. 8 80.0 97.7 103.7 79. 3 82.6 100.9 105. & 79. 4 79. 9 85. G 79 7 77.6 81.2 81.4 83 5 81 9 129.4 83.3 83. 3 83.3 85 2 74. 2 84.8 84.1 87 6 85 4 58.6 85.1 84.7 88.0 87 7 56.0 86.6 85.2 H8.3 89 9 57.1 88.1 89.1 87.5 93 4 50.3 87.1 88.4 86.7 93 7 48.6 85. 6 87.5 89.4 91 0 46.1 88.6 ' 91.3 107.7 91 5 57.4 81.9 82. 1 80.3 83 8 104. 7 i i i i s 34 22 8 * 37. 00 23! o ! 03. 9 70.7 61.6 56. 1 i 58.9 i 68. 7 70.8 62,0 55. 6 61 0 78.0 72.0 63.2 60.6 64.2 81.1 76.3 68.6 64.9 67.2 79.7 76.1 69.1 69. 5 68.2 81.7 77.3 71.1 68.4 68.8 79.9 78.6 68.8 68.3 65.8 8, 897 9,493 9,279 ' 9,347 9, 524 10, 046 10, 414 10, 723 10,365 10, 048 10,513 34 36 18 36 46 43 50 20 35 24 36 35 ![ 19 37 47 44 50 20 i 35 : 22 .662 50 36 35 20 36 45 45 51 22 35 20 .660 50 37 36 20 36 46 44 51 21 36 20 .659 50 35 36 20 38 43 47 51 22 36 21 .604 50 37 41 21 41 44 48 52 24 37 23 .669 50 36 33 22 39 42 48 51 24 36 28 .689 50 36 37 37 37 22 41 45 51 51 22 37 28 . 670 50 ~45~ 77.0 77.5 ; 66.7 66. 2 , 60.0 78. ? • 83.4 69.7 71. 3 63. 9 64.1 66.6 63.0 53 7 55 6 37 37 21 38 45 45 50 21 36 22 . 664 50 40 44 48 51 20 37 26 .670 i 50 i 1 i i i ; : ; ; 21. 21 79. 7 21. 75 81.7 22. 49 84.5 22. 34 84.0 23.07 86.7 24.25 91.1 23.82 89.5 23. S3 89.9 24. 29 91.3 23.07 86.7 24. OS ! 90.3 i 22.60 78 8 23 10 75.0 18. 05 81.0 13 85 80.3 23. 08 80 5 23.95 77. 7 18. 19 81.6 14. 57 84.5 23 8] 83 0 24 76 80. 4 18. 80 84 6 14. 78 85.7 ; 23.65 82 5 24 89 80 8 18. 92 84 9 14 79 85.8 24.42 85 1 25 71 83.4 19.55 87 7 15. 17 88.0 25. 76 89 8 27 04 87.8 20.75 93. 1 15.37 89.2 25. 35 88 4 26 49 86.0 20. 46 91.8 15. 22 88.3 25 3° 88 3 26 49 86.0 20.78 S3. 3 15.62 90.6 25. 83 90 1 26 91 87. 3 20. 89 93 8 15.33 88.9 24. 45 85 3 25 89 84.0 19.77 88 7 14 79 85.8 25.55 89 1 26.71 86. 7 20.46 91.8 15.64 90.7 2 Revised. 3 89.9 92.9 95.1 85 5 140.0 » 39. 04 38. 37 61.0 68.9 59.0 53.9 35 37 19 37 46 42 51 21 35 24 --- 87.7 91.0 96.8 93 6 82.9 Quarter ending In month indicated. 78. 1 87.7 72.2 74. 8 66. 2 87. 1 93.4 7G. 2 80. 7 73. 0 1C.. 8S3 11,489 38 37 24 40 47 50 52 22 35 26 . 679 50 : . ; i ! ; i ! ! ! : 39 38 24 41 48 49 53 22 38 27 . 059 50 ! •. i i .— !... ! '„ !_.-_— '..... . . _ 50 SURVEY OF CURRENT BUSINESS December, 1931 MONTHLY BUSINESS STATISTICS—Continued Earlier data for items shown here may be found in the 1931 Annual Supplement to the Survey 1931 1 October h^f ' August July June 1930 May April March Febru- January ary December N £r| October ( EMPLOYMENT AND WAGES-Con. Wages— Continued Totals bv StatesDelaware rel to 1923-25 Illinois dollars.. Illinois . rel. to 1925-27.. New Jersey rel to 1923-25 New York . dollars . New York rel. to 1923.. Pennsylvania rel. to 1923-25 _. Wisconsin dollars. . Wisconsin rel to 1925-27 Youngstown district, wages of steel workers... p. ct. of base scale.. 90.0 22. 16 78.1 99.4 25.26 92.7 76.3 107.5 87.0 22.52 79.4 95.1 26.07 95.7 75.3 107.5 91.2 23.70 83.5 101.4 26.23 98.3 78.4 107.5 89.9 23.86 84.1 102.2 26.30 96.5 78.3 ; 19.37 ! 75.7 | 107.5 ; 100.5 23.93 84.3 102.2 26.25 96.4 82.3 21.16 82.8 103.6 24.54 86.5 105.8 26.87 98.6 85.6 21.65 84.9 101. 3 24.99 88.1 105.1 27.27 100.1 89.2 22.26 86.7 102. 4 25.13 88.6 105.0 27.87 102.3 87.5 22.69 88.1 100.8 25. 29 89.1 106.2 27.35 100.4 86.8 21.64 84.3 97.9 24.25 85.5 104. 1 26.92 98.8 85.6 19.70 76.5 100.6 25.09 88.4 106.0 27.42 100.7 87.8 20.84 81.1 98. 4 25.31 89.2 106.6 27.32 100.3 89.8 21.33 84.1 107.5 110.5 115. 0 115.0 113.5 113.5 116.5 116.5 199 200 199 199 199 : 200 196.9 : 198.7 ! i i ! ! ! ; i ; 102. 6 26.42 93.1 110.6 27.94 102.6 94.8 22.89 89.0 118.0 CONSTRUCTION iiuildiag Costs Building costs (^4. 0. C.), 1st of month , ' rel. to 1913 Building costs (E. N. R.) 1st of month rel. to 1913.. Building materials: Brick house, 1st of month .....rel. to 1913.. Frame house, 1st of month rel. to 1913. . Construction costs (.4m. Appraisal): Brick, steel frame rel. to 1913 Brick, wood frame .rei. to 1913. . Frame rel. to 1913 Reinforced concrete .rel. to 1913 . Factory costs (Aberthaw^ rel. to 1914 Building volume (A. 0. C.) -rel. to 1913.. 192 193 195 195 196 197 199 169.8 171.4 171.4 174.4 187.4 189.3 191.6 194.5 196.6 194.5 162 156 161 154 163 156 164 155 166 158 167 160 167 175 170 163 171 165 170 163 161 172 157 162 163 174 159 164 3 174 135 163 176 160 165 165 177 162 166 166 180 166 169 172 186 172 175 179 [ 194 1 179 i 182 140 107 : 87 178 192 178 181 * 181 78 179 194 179 182 144 166 179 165 168 176 137 99 95 59 61 64 66 73 77 79 71 128 . 8 198.5 174 . 168 179 196 182 184 8 185 123 172 165 176 171 180 196 183 185 186 202 188 190 173 186 76 78 Construction Contracts Awarded Total construction, F. R, B. adjusted ..rel. to 1923-1925,. Total construction, all tyoes: F. W. Dodge Corp.— Projects . number.. Floor space thous. of sq. ft.Valuation thous. of dolls . Public works and utilities: Projects . number _ Floor space thous. of sq. ft._ Valuation thous. of dolls Residential buildings, all types: Projects number Floor space thous, of sq. ft . Valuation .. thous. of dolls... Contracts awarded, Canada thous. of dolls Engineering construction (E. N. R.): Total public thous of dolls Water works thous, of dolls__ Sewers _ .thous. of dolls. . Bridges, public.- . thous. of dolls.. Excavation thous. of dolls.. Street and roads... thous. of dolls.. Federal Government, .thous. of dolls.. Unclassified, public., thous. of dolls. . Buildings, public .thou?. of dolls.. Total, private thous. of rlolls Buildings, industrial.. thous. of dolh.. Buildings, commerciaLthous. of dolls.. Bridges," private .thous. of dolls.. Unclassified thous. of dolls 55 9,105 8.701 30, 700 30, 068 242, 094 2251,110 9,242 30, 631 233, 106 10,663 i 10,806 33,812 35,001 285,997 | 331,880 11,506 ; 11,888 38,941 i 39,380 306,079 I 336,925 10, 788 37, 955 369, 981 7, 629 28, 339 235, 405 2,141 1 1,907 387 ! 785 108,948 | 132,993 1.681 522 151,722 1,080 246 78, 643 978 393 95, 211 1,009 697 78, 621 1,292 468 76,378 ! 7,221 ! 22,633 ! 95,896 i 22,708 6,486 22, 090 100, 913 27, 312 4, 520 16, 559 77,918 25, 930 4,056 12, 235 54, 376 20,299 4, 340 14, 705 70,911 24, 542 5,368 18,844 80,782 39,311 176, 075 10, 219 7,727 9.916 1, 143 81, 623 26,389 8,214 30,844 140,830 22,965 67,444 50 50,371 168, 925 2,542 11, 300 9,752 1,122 53, 388 66,225 10, 247 14, 349 78, 421 16, 566 46, 128 25 15, 702 83, 837 3,110 3,043 2,477 1,768 36, 682 14,571 5,633 16, 553 94, 705 14, 119 50, 432 30, 154 116, 535 5, 431 5,079 11,428 2.908 39, 620 10, 576 16, 134 25, 359 120, 660 14, 135 54, 316 230 51, 979 99, 616 2, 237 5,669 6, 289 3, 762 25, 650 12,300 22, 915 20, 794 73. 199 11,746 51, 742 100 9,611 87,188 4,003 4,647 7, 149 8, 523 25, 798 8, 723 11,805 16, 535 102, 146 20,401 73, 447 1, 997 6,301 37,S35 : 41,424 3,807 : 3,602 44, 074 3,488 41,776 4,689 44, 090 4,, 053 62.0 61.7 60. 7 66. 0 C8.9 04. 6 74. 0 24, 671 21, 982 29,467 17, 573 9, 403 8, 321 20, 107 9, 218 8, 808 5, 081 0,293 4,790 9,745 6,820 9, 100 254 9,569 5,826 205 8, 277 9, 654 188 7, 489 17,416 423 ' 6,957 42,751 1, 071 7,030 40,4J 8 1, 138 7,785 8, 072 843, 669 8,072 861,501 8, 006 782,034 8, 064 : 8, 050 860, 458 i 898,062 8,050 828,905 8,376 878,327 64, 332 66, 028 60, 370 65,415 69,642 1,288 171 82, 462 1,800 353 85, 139 1,719 737 72, 964 2,048 ! 2,030 1.233 ! 2,367 116,265 ! 154,512 5, 268 15, 217 60, 540 5, 096 12, 992 54, 553 33, 658 5,141 14, 124 60, 203 26, 143 5,658 i 5,972 15,889 16,913 63,893 ! 72,745 28,055 i 29.793 105, 113 3, 038 5,176 15, 817 1,624 28, 703 18, 821 8, 108 24, 828 119, 060 19, 141 86, 128 450 13, 341 129, 157 6,390 7,733 9,948 2,365 29, 840 41,637 4, 753 26, 491 47, 799 10, 021 25, 446 944 11,388 82, 453 1,153 6,059 6,909 1,711 31, 088 10, 839 5,990 18. 704 66, 448 11,801 33, 256 137 21, 254 148,784 5,536 5,697 28,520 1,180 56,511 22,560 4,129 24,651 121,326 38,663 55,242 2,250 25,171 125,737 i 8,016 ! 5,370 : 5,786 1,419 : 62,471 i 20,158 : 3,965 ! 18,552 i 70,589 j 13,901 i 40,986 i 25 15,677 3,510 83, 203 •2, 905 31,918 2,819 33,025 1.999 33.368 12,427 6,652 21,911 88,900 36,896 122, 036 5, 243 3,254 11,801 4. 198 63, 167 10,340 5,422 18,606 95,797 12.606 54,413 6, 248 22,530 i ' • ; ! : ! ! 6, 911 7, 391 29, 055 24, 635 227, 956 : 249,436 !1 ; ! ! i1 1 9, 127 33,089 253, 574 ; 12, 158 39,484 336, 706 : 2,017 339 112,966 6,822 22,337 104,670 33,332 ; 121,633 7,022 6,150 13, 763 1, 053 47, 886 8, 815 3,798 33, 146 121. 305 24,593 83, 723 825 12, 164 Fire Losses Unite*! State 0 Cmifida t^ous of Molls tlious of dolls 42, 670 4, 689 1 35, CS3 3,175 : 36, 839 2.796 Real Estate M a r k e t activity rel to 1920 59 8 01. 1 ! 58.4 61.3 '\ Highways Concrete pavements, new contracts: Total ._ thous. of sq. yds . Road thous. of sq. vds Federal-aid highways: Completed— Cost thous. of dolls Distance miles Under construction, end of month-miles.. 4, 009 2, 482 8.702 6,182 7,675 5, 437 65. 349 2, 113 9. 028 53, 415 1,887 10, 659 -Vver-ige ;'ares (27^ cities^ cents Passengers carried (232 co/s)- thous. of person?-. 794. 798 Operating revenue (all railways) " thous. of dolls 12, 303 10, 038 26, 799 943 11,884 12,470 ' 15,957 9,309 ; 13,536 \ 26, 164 ] 13, 994 1,018 ; 651 12,207 : 12,306 734. 056 8, 0% 712, 660 8,096 ; 8,069 739,617 | 787,453 8, 069 831, 183 55; 986 55, 835 56,981 i 60,232 63, 718 1 5, 059 ! 225 1 11,229 • : 41,088 1, 025 8,325 PUBLIC UTILITIES Electric R ail w a y s 66, 839 5 70, 165 1 191,920 i Gas and Electric Power i Electric power companies, gross revenue thous. of dolls. . 2 Revised. 172. 240 167, 380 2 187, 190 i 168, 510 171, 550 1 176, 210 i 175,840 i 182,280 2196,170 • Q aarter ending in me>nth indie ated. 187,340 , 182,950 51 SURVEY OF CURRENT BUSINESS December. 1931 MONTHLY BUSINESS STATISTICS—Continued Earlier data for items shown here may \ be found in the 1931 Annual Supplement to the Survey 1931 , October ] August July 1930 May June April : March 1 October January i PUBLIC UTTILHES Gas and Electric Power Electric power production : United Stales — Total mills, of kw. hrs By fuels mills of kw. hrs By water power mills, of kw. hrs._ In street railways, manufacturing plants, etc mills of kw. hrs In central stations. —mills, of kw. hrs.. Canada— Total mills, of kw, hrs.. By water power . .mills, of kw. hrs Exported.. mills, of kw. hrs.. Manufactured gas: Sales mills, cu. ft Revenue thous. of dolls.. Natural gas: Sales mills, cu. ft.. Revenue thous. of dolls Rate of manufacturing operations (based on consumption of electric energy for power purposes). (See under Industrial production.) 7.708 j 27,531 5,067 25,340 2,041 22,191 418 7,290 2 445 7, 086 2 '7,766 i 7,628 25,165 ; 2 5, 022 1 22,463 i 2, 744 2 470 ! 7, 158 \ 1,2S8 1,256 ! 1,263 1,234 i 93 100 I 25,985 28,681 !! 33,823 13.400 2 7,526 4,642 2,884 7,639 4,500 \ 3,139 | 7,643 i 4,520 j 3,123 7,876 5,243 2,633 7,160 5,001 2, 150 7,947 5,597 2, 350 8,108 5,746 2,362 7,693 5. 502 2, 191 8, 195 5,906 2, 289 509 7,017 447 j 7,192 ! 454 ; 7,189 1 452 7,424 410 6,750 I 460 7,487 502 7, 606 465 7,228 486 7,709 2 1, 339 1,311 145 2 1, 489 1,456 162 1, 542 1, 513 149 1,515 1, 488 142 1,575 1, 550 161 30,731 i 30,945 32,356 ; 32,386 31.110 32; 504 33,478 34,947 31, 320 32, 963 29, 757 31,751 29,377 31, 698 52,568 1 54,729 24, 225 i 26, 031 56,242 i 63,338 i 56,529 27,124 31,037 | 26,816 49, 386 22, 426 40, 930 17,031 73,277 1.6,864 77, 820 76,824 17,892 | 16, 070 76, 139 17, 148 79, 173 19, 074 8,326 10,806 724 8,943 I 10, 012 11,528 i 12, 973 1, 517 609 8, 647 11, 348 735 10, 137 13, 157 1,829 129 ! 119 10,196 | 10,113 134 9,687 102 128 ' 10, 826 9,884 124 10, 474 118 10, 940 143,627 1 169,760 i 134,854 52,700 203,230 216,559 203,085 1 163,186 86,016 99,901 • 82,465 I 82,970 1,257 1,508 i 1,518 1 1,535 385 457 i 349 i 0 49,620 165,789 69,572 1, 359 0 230, 423 225, 322 83, 480 1,811 390 246, 832 230, 043 102, 569 2,075 608 506 7, 260 2 z 1,251 l,231 95 21,290 * 1,366 1 2^411 j J 1,418 1,268 i 1,34.3 ! 1,388 i 1,392 89 87 I 98 1 128 23,527 i 24,741 26,046 ! 27, 337 28,310 ! 29,865 30,654 31,827 31,661 12.813 36,821 16, 159 32, 834 13, 482 ; 43,340 20, 108 Telephone Telephone companies: 73,414 73,337 74, 802 Operating revenues thous. of dolls ! 17.523 16,621 16, 320 Operating incoir-e thous of dolls Telegraph 8,441 ' 8,359 1 8, 774 Commercial telegraph tolls thous. of dolls. . ; 11,012 j 10,825 • 11,370 Operating revenues . -thous. of dolls._ i 507 \ 387 i Operating income ,. thous. of dolls.. 461 Transportation Express earnings: ..J 134 139 Operating income thous of dolls ; : 9,428 | 9, 773 Operating revenue. ....... thous. of dolls.. Inland waterways: Allegheny River. . ... short tons 213,562 1 246,551 i 294,720 ! 237,024 Cape Cod Canal short tons__ 221,308 197,997 \ 186,414 211,172 Mississippi River Govt. barges short tons— 105,000 !* 106, 931 ! 104,266 104, 300 1,135 i 962 ! 1,042 1,331 Monongahela River. thous. of short tons.. 505 i 587 ; 425 New York canals thous. of short tons.. 506 Ohio River — Cincinnati district 3315 ' thous of short tons Huntington district ' 2 1,193 ! % thous o? short tons Louisville district : 3 856 i _. . thous of snort tons Pittsburg to Wheeling short tons.. 603,544 635,571 661,514 849, 277 Pittsburg district i s 2,135 i thous of short tons Panama Canal3,763 : 1,755 i 1,789 1,867 Total cargo traffic.thous. of long tons.. 930 i 884 i 859 ! IT. S. vessels thous. of long tons 820 327 i 318 ! 378 466 In British vessels.thous. of long tons.. 795 ; 711 ! 714 717 St. Lawrence Canal. thous. of short tons.. Sault Ste. Marie Canal 7,611 thous. of short tons- 6,248 i 7,126 1 8,385 i 1 813 1 ^60 1, 963 Suez Canal thous. of met. tons.. Welland Canal ...short tons.. 821,454 | 968,763 j 972,976 i 871,513 Ocean traffic: Clearances, vessels in foreign trade — 6,461 i 6,679 ; 7,463 7,536 Total thous of net tons 2,734 2 742 American thous. of net tons.. 2,420 i 2 478 4,011 4,201 | 4,729 4.' 784 Foreign thous. of net tons. Passenger travel: Arrivals from abroad — 3,913 : 5,017 1 4,090 Immigrants number 3,174 United States citizens. number.. 32, Ivy i (;2r581 ! 59,372 30, 944 D e p art u res abroad— JO, S57 i 8,733 9,541 Emigrants number 7, 428 United States citizens number.. 35. 016 • 42,247 65,895 46. 961 7,34f> i 8,812 i 10,749 Passports issued number 17, 667 Pullman Company operations: Revenue thous. o f dolls . . 5,409 i 5,564 6. 413 1,969 | 2,091 Passengers carried thousands.. 2, 023 Trend of business in hotels: 351 3.55 3.64 Average sale per occupied room ....dollars... 3. 55 Room occupancy p. ct. of capacity.. tX) : 58 64 54 Steam railways: Equipment— Freight cars—in bad order, end of month— Quantity errs 194,948 ; 194,127 187,585 181, 702 Ratio to total earn... per coat.. 9. 0 i 8.9 i 8.6 8.3 New orders ... _ ears 798 ; 3 534 443 Owned, end of month — Quantity thous. of cars... 2.211 2,216 ' 2,220 2, 224 rapacity... mills, of lhs__ 207, 259 j 207, 639 | 207, 947 208, 207 Shipments— Total cars.. 404 ^ 780 i 524 341 Domestic cars 404 ; 776 499 341 Unfilled orders (railroads) — Total. ..'....cars.. 4, 610 i 5, 100 5, 746 6,466 Of manufacturers ears.. 314 ! 534 1 866 1,336 In railroad shops. _ .cars.. l 4,296 ! 4,566 j 4,880 5,130 Locomotives (Am. Ry. Assc.)—Exports, steam number.. 1 11 0 2 ^ Revised. i ; 75,919 76,804 77,098 77,214 17,977 ' 18,046 i 19,051 j 18,650 : 9,212 11,875 1,737 1 105 107 10,151 ; 10,493 s 290 3 942 3 3 3 969 736, 187 3 I 9,133 \ 9,391 : 9,346 11,744 11,963 ! 12,024 1,426 1,513 ! 1,406 1 ' '• • [ 685, 526 ' 1,759 828 453 920 1,925 i 937 \ 421 1, 166 I 2,011 929 436 319 6, 539 ! 2.525 i 4,014 i 5, 907 1 2,092 i 3,815 ! 64, 170 225, 021 107, 507 1, 547 0 3 65 3 428, 499 83 1, 268 3951 500, 211 504, 700 • 1,484 i 1,916 i 910 i 429 1 0 6, 645 4, 335 ! 922 \ 2,027 2,403 ! 2,396 i 1,015,469 1,165,853 ; 370,003 ;i 6, 543 2,241 4,302 3 1 765 \ z 464 7.13, 200 j 545, 900 2, 120 56,740 233,890 75,512 1. 571 0 : 3 926,013 1, 037, 028 2, 440 2, 167 '953 536 38 2, 263 1, 009 615 563 2, 394 1, 133 546 877 0 2,744 0 312 2,246 68, 400 5, 130 2, 186 583, 907 9, 094 2,217 916, 563 5, 414 1,843 3,571 5, 505 1, 991 3,514 G, 224 2,501 3,723 7,074 2,651 4,423 1, 930 864 448 0 2, 107 958 540 i 0 I 0 2,440 0 0 2,474 0 5, 044 1,773 3,271 4, 972 1,695 3,277 3,799 22,518 3,470 i 3,577 28,281 34,861 3,147 4,091 ' 6, 439 28, 535 27, 508 19, 844 9, 209 22, 381 13, 942 40, 702 5, 893 | 5, 616 29, 579 23, 242 27,689 i 23,513 5, 647 \ 4, 693 24, 418 ! 32, 278 21,466' 14,328 4,720 ' 4,397 i 5, 450 21, 140 33,172 ! 24,885 7,255 7,445 1 6, 565 4, 951 24, 420 7, 496 5 352 32J 988 7, 834 5,418 2, ISO 5, 305 2. 031 6, 016 2,278 3. 72 60 3. 96 65 3. 90 69 155, 883 7.0 2, 862 157, 727 7.1 3, 291 2, 258 210,426 2,271 211, 788 2,272 211,823 607 436 1,182 1,139 2,384 2,307 9,780 3,376 6,404 3, 716 1, 125 2,591 5, 423 2, 445 2, 97S 3 0 3,534 25,588 5, 470 ; 2,051 : 3. 58 ! 50 5, 055 1,900 i 5, 238 1 1,986 j 4, 894 1,966 5,346 1,919 S,072 2,203 3. 50 61 3. 73 : 63 i 3. 63 61 3.84 64 3. SO 66 1 : • 172,776 7.9 972 170,165 I 162,966 7.7 7.4 46 2,768 162,117 7.3 2,166 153,606 ;; 147,650 ; 147,334 6.9 6.7 : 6.6 24 0 i 2, 691 2,229 208,579 2,244 209,645 2,251 210,102 2,253 i 2,254 210,235 j 210,229 615 555 648 646 7,179 j 2, 070 i 5,109 ! 1 1 6,585 1, 599 4,986 2,249 209,958 1,082 1,082 7,542 2, 176 5,366 762 657 633 533 ; 7,484 1. 5G9 5,915 8,637 ; 2,207 i 6,430 2 3 5 1 0 Quarter ending in month indicated. 845 735 8,799 2,681 6,118 j 2 1 5 52 SURVEY OF CURRENT BUSINESS December, 1931 MONTHLY BUSINESS STATISTICS—Continued Earlier data for items shown here may be found in the 1931 Annual SuppleAugust ment to the Survey '• October September 1931 July June 1930 May | April Febru- January i Decem- Novem- October ary ber ber March i PUBLIC UTILITIES— Continued ; Locomotives j i In bad order, end of month— j Awaiting classified repairs \ nuro.be! i Ratio to total locomotives per cent..'. Installed _ . _ _. number...; New orders number., j Retired nu uiber i Owned, end of month— '. Quantity number... Tractive power mills, of lhs._ j Shipments, manufacturers (Census)-Total number Electric, domestic number . Steam, domestic number ._ Shipments, electric locomotivesIndustrial (quarterly) ...number.A'linin17 (Quarterly) number Unfilled orders (railroads) , end of mo... Of manufacturers number-In railroad shops number. _ Unfilled orders, manufacturers' (Cen SOP)Total number Electric, domestic.. number-Steam, domestic number-Passenger cars— In railroad hands, end of quarter number New orders.. ears.. Shipments— Toial cars Domestic cars Unfilled orders, end of quarter nu'T'ber Financial operationsNet operating income .thous. of dolls-.. Operating revenues — Canada thous of dolls United States— Total ... -thous. of dollsFreight. . thous. of dolls. . Passengers thous. of dolls.. Operating expanses thous. of dolls.. Net operating revenue, Canada __ thous. of dolls. . Freight cars— Carload! ngs*— Total thous. of cars.. Coal and coke thous. of cars.. Forest products thous. of cars-Grain and grain products thous of cars Livestock thous. of cars.. Ore. _. . _ thous. of ears.. Merchandise, 1. c. 1. thous. of cars... Miscellaneous ... ..thotis. of cars-Car surplus (daiiy average, last woek of month)— Total ears.. Box cars.. Coal _ _ cars. Operation results— Freight carried 1 mileCanada mills of tons United States. .mills, of tons.Passengers carried 1 mile-millions.. Receipts per ton-mile cents ! 6, 485 6,310 6, 173 12. 0 61 0 139 11.7 61 1 113 11.4 95 6 J22 54, 889 2.509 54, 967 2,512 55, 029 2, 514 9 0 8 4 0 4 13 1 2 2 »3 37 15 4 15 12 16 13 112 105 7 120 105 14 74 55 18 5,938 5,913 10.9 | 66 ! 3| 108 10.9 67 7 151 55,056 55,098 2,513 | 2, 513 55,278 2,518 ; 55. 3(56 2,520 26 ' 0 > 26 ! 15 2 12 13 ; 1 j "i i 18 1 19 0 19 ; 55,450 10 ! 5 ; 5 i 20 1C 20 ; 31 'l 57 2* 60 ) 26 ; 86 !: 55 20 95 54 30 58 0 : 47 80 0 69 0 | • 51, 136 0 21 0 0 0 8 8 2 ! 2 ; 13 13 s 4, 936 9,2 9tf 4 26S 8.9 127 55, 534 2,525 55, 576 2, 525 ! 55, 678 2, 528 55. 9S5 2. 538 56,157 2, 541 15 5 10 16 ' 6 10 ; 49 7 43 G 37 48 33 102 37 93 25 63 132 31 96 57 29 64 30 95 103 sfj 85 91 12 78 4 51 4S9 ' 0 { 0 0 38 38 37 37 24 ! 24 I 30 30 33 33 1 37 206 50 9 s 23 «76 90 30 104 i is 86 i 3 51, 644 0 824 3 16 5, 102 9.5 92 CO 390 i 14 : 0 ,5, 216 10.0 ! 80 2 182 5, 522 1 17 a fiO 34 82 ! 3 50, 95$ 0 350. 335 270. 239 4-t, 757 258, 223 10.9 ! 77 ! 8 ! 161 : 10.4 86 8 128 5, 734 5,967 5, 95S 10.8 i 94 ' 151 ! 182 0 55,319 5,910 10.9 114 8 s 3 125 10 0 ^7 67 73 73 11C, 251 264 55, 859 56, 535 50,163 41, 264 39, 071 45,906 ! 27, 264 S3, 849 49, 372 02. 069 28, 205 29,352 ; 30, 480 30.934 30, 912 30,613 ! 26, 788 28, 141 33, 450 35, 474 42. 093 377,146 : 369, 810 290,348 ; 2*1.261 50,272 50, 957 280,127 : 280, 145 369, 020 283, 161 46, 981 2SS, 067 369. 652 283,711 47, 272 290, 618 376,149 291,289 47,150 291,582 336. 632 365,900 257,521 277.014 53, 349 40. 455 272, 1 16 294. 082 377, 933 280, 909 55, 443 297,606 398, 786 311,042 48,710 299, 301 483, 455 385, 684 52, 368 3':6, 286 121 421 6, 910 7, 579 11.408 2,836 584 13S 3,491 817 15C 2, 784 638 121 ^'852 174 3,818 733 159 143 94 22 820 640 19G 140 92 1, 133 1, 546 163 129 154 966 1, 514 646, 750 i 706,538 336, 577 !1 380,603 240, 292 251,358 580, 498 $04, 1 00 213, 752 -S02, 037 m 705 126, 935 2, 239 29, 026 2,015 1. 052 2, 633 32, 205 1, 828 1. 050 3.096 39. 292 1.959 1. 063 1, 187 1, 1SS 1, 189 130 553 132 5G7 56-0 364.525 280, 103 49, 183 269, 463 ! ! i | 1,871 2,049 \ 1,898 2, me 3, 640 3, 112 2,992 465 125 3, 730 611 165 2 9% 4S6 130 2,940 ! 555 i 138 ! i , 140 i ! 119 876 1, 192 180 106 80 1,097 1,496 151 85 29 899 1,206 153 79 23 886 1.105 3, Q Io 755 2, 90S 516 104 3,747 617 138 2,C31 452 ' 10(5 193 145 102 1,081 1, 415 149 96 121 841 1.081 228 106 175 1, 069 1, 413 220 71 139 830 1,113 535, 254 290, 369 185, 442 f>64, 284 293, 424 209, 765 573. 680 302, 887 206, 240 504,068 I 599, 282 288,414 i 306, 443 211,014 | 224, 120 615, 924 308,319 238, 504 R02, 832 282,315 251, 679 621,509 1 650,964 2P8.837 ! 324,938 252,825 | 253, 51.5 27, S47 1. 030 29. 348 2, 207 1,770 ; 30,276 i 28, 258 2, 034 2,115 1.051 | 1. 090 i 2,178 30,014 1.870 1. 054 2, 136 28, 710 1, 831 1.093 2,104 1, 951 29,960 1 27, 079 1, 758 ! 1,747 1.074 ! 1.049 L041 i 1 ! • 165 88 22 842 997 186 : 124 26 i t-97 1. 175 I 2,010 30, 314 1,915 1. 015 ; FINANCE Agricultural Finances Loans outstanding, end of month: Federal land banks mills, of d oilsFederal intermediate credit, banks mills, of dolls. Joint-stock land banks mills, of dolls., I i 1, 171 1,174 1, 178 1,179 1 1,182 1,184 1,185 124 540 130 545 133 548 137 j Cfll ! 137 532 131 536 138 540 138 i 544 ! 1, 187 128 548 i 1, 187 128 i 550 | v?e Banking Acceptances and commercial paper: Bankers acceptances outstandingi crs 1, 040 1, 22s 1, 090 1,413 ],422 990 Total mills, of dolls.. Held by Federal reserve banks —• 617 39 95 124 102 70 420 For own account. mills, of dolls. . For account of foreign correspondents 99 213 341 228 100 3^0 409 mills, of dolls.. Held by group of accepting banks— 112 2? 2 Uf. 162 171 Own bills ' mills of dolls 1C8 118 3. 7 248 439 •*:;> 293 285 Bills bought mills, of dolls _ 63 185 r,79 444 441 06 Held by others mills, of dolls. . 278 Commercial Daper outstanding 210 302'j2 307 243 ! mills, of dolls.. Bank debits: 2, 786 3,172 2, 244 „, 400 2,691 ; 2, 451 Canada mills, of dolls.. 25, Sf-3 21,007 25 072 26. 821 17. 501 New York Citv mills, of dolls. "26." 678" 20, 073 16, 526 18, 444 1 9. 406 18,858 19, 620 Outside New York City. ...mills, of dolls.. 18, 125 ! 16, 627 91. 9 ! 83.8 98.4 99.5 93.5 95, 6 Outside New York City.-iel. to 1823-2584.3 * Data for January, May, and October, 1931, and November 1930, are for 5 weeks, other months 4 weeks. 23 Revised. Quarter ending in month indicated. http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis 1,187 1, ,'.20 1,720 123 85 £1 431 450 131 ! 341 i 441 i jfl 305; 430 311 315 327 3"^ 2, 535 2,570 27,589 i 20, 948 19.421 ! 17, 084 98.4 | 86 6 2, 668 24, 557 21, 697 110. 0 3,012 29, 001 22,113 117. 2 1.4C7 1 1. ~'fi 141 o~> lj* -i2'- 1 "2 212 0 0 1M 3^ 4i7 1 4^ is."> 9 U7l r 22! 4 -0 19,700 99. 9 "., 618 V.. 781 - -3, 679 ' 00 53 SURVEY OF CURRENT BUSINESS December, 1931 MONTHLY BUSINESS STATISTICS—Continued Earlier data for items shown here may be found in the 1931 Annual Suppleem- 1 ment to the Survey October Seyt ber ! August 1931 July ' FiNANCE-Continued Banking— Continued Brokers' loans, end of month: By N. Y. F. K. member banks 1,390 mills, of Qolls. 869 1,366 1, 172 3.04 2. 33 3.03 Katio to market value - per cent.. 3.23 ! 1,044 1, 344 Total mills of dolls 798 1, 354 Federal reserve banks: 728 Bills discounted.mills, of dolls.. 323 195 Member b'lnk reserve account 2, 167 : mills of dolls 2, 367 2, 364 2,373 2,429 Notes in circulation mills, of dolls.. 2,098 i 1, 963 1, 765 2, 184 i Reserve bank credit mills, of dolis__ 1,578 : 976 1,255 2,380 : 2,506 1 2,632 Total deposits mills, of dolls 2,527 Total investments^ _. mills, of dolls _ 751 1,211 ! 943 2, 903 Total reserve mills of dolls 3,597 3,301 1 3,619 Federal reserve member banks: Net demand deposits mills, of dolls.. 12, 449 13,227 • 13,244 13, 473 7, 810 Total investments mills, of dolls.. 7, 700 7,916 1 7, C65 ^ Total loans and discounts—mills, of dolls.. 13, 521 14,191 i 14,398 14, 486 Interest rates: 2.10 Call loans, renewal per cent 1.50 1.50 1.50 Federal land binks per cent 5.83 5.63 ( 5.63 1 4.06 Intermediate credit banks .per cent-3.81 3.81 3.81 New York Federal Reserve 1.50 Bank (discount rate) per cent * 3. 50 1.50 1.50 ; 2. 50 Prime bankers' acceptances. ... -per cent.. .88 1,07 ; ,88 Prime eouiiuereial paper (4-6 months) ptr cent G 13 2. 00 2 00 2. 00 3.25 Time loans, 99 days . .per cent-.. 1.63 ; 1.38 1.38 1,408 ; N'ew York St if e . i/iills. of dolLs. . Uii.tra rlatvs postal saving system — 5,217 5,231 • 5,173 IVi-r-'tN t lulls, of d:>lls \\ it h^i-r.v i' i .. ... .tlir.us. of do1 Is. _ h •( v J o n dit uf d(-p, sitors .. . . . .tii, *us. of doiiS.. 527 130 4">,°lo 447, 300 i^:, 2'0 ji S o o -'305 1,936 449 1,374 113 158 1,944 427 1, 381 136 tilOUS of doll> Pushups iafiures Firms . Unitf J States): Banks number 5, 149 June 1,479 2. 93 1,391 Federal Reserve Bank of St. Louis 1,539 3. 37 1,435 1,730 3.40 1, 651 January 1,734 3.30 1,720 1,798 3.22 1,840 1,875 3.58 1,909 1, 926 3.86 1, 894 2,111 4.06 2,162 2,512 4. 65 2,556 149 174 157 250 198 232 251 275 207 2, 389 1,580 917 2, 442 724 3, 413 2, 371 1, 535 937 2,434 761 3,334 2,428 1,486 990 2,506 723 3, 296 2, 343 1,478 925 2, 399 708 3, 244 2,398 1,494 980 2,448 735 3,243 2,471 1,664 1,373 2,517 1,100 3,082 2,373 1,455 1, 079 2,422 780 3, 115 2,418 1, 368 998 2, 465 765 3,149 13, 688 14', 691 13, 605 7,807 14, 730 13, 664 1 13, 748 7,903 | 7, 551 14,993 i 15; 382 13, 614 7, 183 15,464 13, 680 i 6,843 15,753 13, 999 6,693 16, 263 13, 908 6,800 16, 516 13, 830 6,731 16, 764 1.50 5. 63 3.90 1.45 5.03 4,00 1.50 .88 *1. 50 2.00 2. 00 1.50 2.13 1.75 5 158 5. 033 43, ~f 5 31 °2J 1 1. 52 ; 5. 63 i 4.00 1.55 5. C3 4. 00 1.50 5. 63 4.00 1.57 5.63 4.00 2.23 5.63 4.00 2.00 />. 63 4.00 2.00 5. 63 4.00 : 1.50 ;! 2.00 1. 50 2.00 1.44 2.00 1.56 * 2.00 1.88 2. 50 1.8S 2. 50 1.88 2. 38 • 2. 00 i 2. 50 2.13 2. R3 1.88 2.88 2. 13 2.88 2 25 2.88 2.13 3. 00 2.50 2.00 5,059 5,018 4,928 4, 888 4, 792 4, 066 4, 658 20,911 29 337 IS, 1 38 31, >5"> 17, old 51, 585 18, oil OS, S79 14, 1(,7 20, 197 12,072 14,783 12, 084 02, • :,-> 2y2, 059 2' < , ' t "> 192, 5 i i .°o «)'J-? : fv , S27 27>, ,ol 3i .), 120 93 1, 983 520 1,322 141 April | March May Decem- Novem- October ber ber 2, 381 1, 723 943 2, 504 773 3, 576 167 1. 993 449 1, 435 109 M.miiLicturpr> . numberTrade pst'tbi'srrr'onts .--number-'1W Agents and brokers .number.. B\ groups — ]\ ranufactur-j rs—614 449 520 Total number.. 449 427 11 7 C hem icals num her. . 13 13 9 50 64 Foodstuffs number 34 40 30 26 Leather .number-, 18 lu 14 : 18 10 Liquors and tobacco-- ..number.. 14 6 10 54 57 39 Lumber — ------number-49 ! 52 Printing and engraving-number.. 17 21 23 ? 14 y 7 ^tone, clay, and glass number... 13 6 6 53 Textiles. number... 75 81 64 61 37 55 Metals number.. 49 32 49 All other number.. 167 290 258 181 193 Traders1, 435 Total ... „ number. _ 1, 605 1,322 1,374 1, 3S1 20 Books and paper number.. 18 19 12 15 84 112 Chemicals and paints. _ .number— 86 90 109 Clothing number 235 284 257 273 : 220 360 Foods and tobacco number.. 363 447 44.1 353 89 General stores number _. 105 68 87 i 78 243 Household furniture number-. 239 260 234 235 404 All other number 292 379 322 286 Firms (Canada) -.number.. 174 223 256 164 2 230 :' Liabilities (United States;: Banks thous. of dolls.. 566.686 i 237,061 ! 185,902 41,334 2195,951 Total commercial thous. of dolls.. 70,660 i 40,256 i 53, 025 60, 998 , 51, 656 Manufacturers thous of dolls 26, 334 20, 586 i 21, 909 14,857 ! 16,967 Trade establishments thous. of dolls.. 29,486 24,658 ! 25,848 28, 091 25, 934 Agents and brokers __.thous. of dolls_. 14,841 12, 321 3, 813 7,741 | 10, 210 3,504 Liabilities (Canada) _ thous. of dolls 3.200 3,345 4,539 2,138 Dividend and Interest Payments Grand total _ . mills, of dolls 762 747 946 533 490 • Dividend payments: Total . .. mills, of dolls 346 288 : 387 233 245 Industrial and miscellaneous ... .... mills, of dolls . 225 237 267 174 170 Steam railroads .mills, of dolls.. 34 36 42 27 i 34 Street railways. mills, of dolls 11 9 i 7 6 i 6 Interest payments mills, of dolls. _ 459 416 559 300 245 Foreign Exchange Bates America: Argentina dolls, per gold peso .520 .703 .597 .699 .646 Brazil-. dolls, per rnilreis__ .075 .056 .059 .072 .064 i Canada dolls, per Canadian doll.. .891 .963 .997 .997 .997 i Chile dolls, per paper peso.. .121 .121 .121 .120 .121 Asia: Japan ..dolls, per yen-.493 .494 .493 .494 .494 1 India dolls per rupee .287 .339 .360 .360 .359 ! Europe: \ Belgium . dolls. per belga.. .140 . 139 .140 .139 .139 ! England dolls per Ib sterling 3.89 4.86 4.53 4.86 4.86 1 France dolls, per franc.. .039 .039 .039 1 .039 .039 Italy dolls, per lira-.052 .052 .052 .052 .052 | Netherlands dolls, per guilder __ .404 .403 .403 .402 .403 1 Sweden dolls, per krone-.261 .231 i .268 .268 .268 j Switzerland dolls, per franc.. .196 .195 .195 i .194 .194 http://fraser.stlouisfed.org/ * Eate changed Dec. 24, 1930, May 8, 1931, Oct. 9, to 2.50, and Oct. Oil 1930 February 89 2, 218 552 1,570 126 552 12 43 14 4 65 97 ~9 78 50 250 64 i 2,386 515 j 1, 710 158 515 9 38 12 6 75 10 ! 0 78 55 227 2", 2uo 210,2*0 Ti 17U, ^ 86 2, 604 582 1, 843 170 2, 563 583 1,831 149 202 3, 316 611 2,541 164 344 2, 525 537 1, 834 154 254 2, 031 448 1,447 136 582 5 37 23 9 61 27 7 79 52 282 583 13 37 14 9 72 15 4 96 54 269 611 10 32 17 6 76 21 11 124 44 270 537 9 34 14 6 77 15 12 85 34 251 448 5 27 8 10 71 18 14 71 34 190 15 14 54 20 12 97 34 211 2,124 499 1,474 151 499 1,570 19 108 295 401 88 357 302 196 1,710 18 98 351 451 109 297 . 386 i 204 1,843 28 107 400 441 152 358 357 213 1,831 19 93 381 438 131 407 362 253 2,541 15 117 633 476 220 571 509 296 1, 834 15 114 444 461 138 290 372 295 1,447 11 111 261 393 104 245 322 237 1, 474 18 94 250 398 10* 253 353 2 219 43, 963 53, 371 18, 506 25 069 9, 796 2,775 42,417 , 50,868 ; 18, 719 i 26, 386 5. 763 3. 638 35,285 60, 387 24, 072 30,348 5, 967 3,752 35, 123 69, G08 25, 304 30, 852 3,452 3,014 78, 130 94,608 47, 633 43. 071 3,904 4,215 367, 119 83, 683 19, 948 28, 853 35, 382 6,994 ISO, 306 55, 261 19, 438 21,217 14, 606 2,958 24, 599 56, 297 17, 989 22, 096 16, 212 2 2, 849 560 749 594 | 524 1,121 713 579 2777 292 314 311 285 521 284 277 2334 213 33 8 268 236 38 9 435 236 i 46 i 217 45 9 239 386 56 16 601 221 39 14 429 212 39 12 302 2 252 44 2 10 443 .707 .067 .999 .121 .765 ! .073 LOOO .121 i .780 .079 i 1.000 | .121 | .719 .086 1.000 .121 .697 .091 .998 .121 .756 .096 .999 .121 .781 0 1.001 .121 .781 0 1.001 .121 .494 .361 .494 .361 ! .494 ! .361 1 .494 .359 .494 .359 .496 .359 .496 .360 .496 .360 .139 4.86 .039 .052 .402 .268 .193 .139 4.86 .039 .052 .401 .268 .193 .139 4.86 .039 .052 .401 .268 .192 .139 4.86 .039 .052 .401 .268 .193 .139 4.85 .039 .052 .402 .268 . 194 .140 4.86 .039 .052 .403 .268 .1Q4 .139 4.86 .039 .052 .102 .468 .139 4.86 .039 .052 .403 .269 1Q4 16 to 3.50. 284 ! ! | i ! 1 ! 2 Revised. 9Q4 54 SURVEY OF CURRENT BUSINESS December, 1931 MONTHLY BUSINESS STATISTICS—Continued Earlier data for items shown here may ; _ be found in the 1931 Annual Supplement to the Survey , October September | August 1931 July June 1930 May ! April ! March Februj Decem- 1 NovemOctober ary : January ber ; her FINANCE— Continued Gold and Silver Gold: Domestic receipts at mint fine ounces-- \ 123, 74S 128,928 115,343 118, 123 114,651 95, 133 93,612 ! 85,091 Exports thous. of dolls i 398, C04 28, 708 i 39 40 62S 1, 009 27 ; 26 Earmarked for foreign account _ .. .thous. of dolls .. Imports thous. of dolls. .i 00, 907 2 49, 209 I 57, 539 -; 20,512 63,887 50,258 49, 543 1 25, 671 Monetary stocks of TJ. S.f daily average mills, of dolls 1 447 4, 975 4, 948 i 4, 958 4,865 4,767 4,682 4,711 Rand output fine ounces.. 910, OCO 916,425 916, 843 897, 000 910, 279 882, 237 910,998 Silver: Exports thous. of dolls '. 2.158 22 2,183 2,024 3,249 2, 305 1,895 2,099 2,323 0 2 2, 355 2, 685 Imports thous. of dolls499 2,364 i 2,636 1,663 1,821 2,439 Price at New York dolls per fine oz .275 .295 .282 .283 .273 | .277 .283 .292 Production2 United States .. thous. of fine oz_. * 2, 419 2, 101 2, 433 2, 762 2, 211 2, 176 2,831 3,528 Canada..thous. of fine oz.. 2, 1 17 2. 133 1, 403 1, 610 731 i 1,836 1,431 1,139 Me\ico thous. of fine oz~6,814 7,041 | 7,374 6, 390 9, 535 6,510 Stocks, end of month — United States tlious of fine oz 4, 082 2,240 4, 066 2,077 1,611 1,485 713 2,714 Canada thous. of fine <)/,._ 1,363 989 754 958 1, 423 1, 110 1,509 796 87, 717 ; 94.476 14 : 54 109, 907 i 113,430 36 : 5, 008 152. 04* 16, 156 i 34,426 137, 695 32, 778 127,536 40,159 120,410 4,583 ! 4, 553 908, 492 ; 884,735 4, 520 1 4, 656 839,937 4, 622 914, 576 1 9.206 35, 63o 1,638 1,877 .268 3, 571 2,896 i .294 3,472 2,660 .326 4,102 2, 652 .359 4, 424 3, 270 . 358 3,187 1,772 6,944 3,480 1,932 8,751 j 3,713 2,043 8,481 3,738 1,412 8,712 3, 816 2, 291 1, 851 702 792 694 960 179 956 216 G49 217 Net Corporation Profits Grand total mills, of dolls.. Total industrial and mercantile .mills, of dolls .. Automobile parts and accessories, exclusive of tires mills, of dolls. _ Food mills, of dolls Oil mills, of dolls-Metals and mining mills, of dolls.. Machinery mills, of dolls. _ Miscellaneous _ . . mills, of dolls. . Steel and railroad equipment .mills, of dollClass I railroads mills, of dolls Other public utilities mills, of dolls Telephones - ._ mills, of dolls.. 3 3 159 365 3 35 125 ' 3 i 3 31 30 30 3 3 5 3 53 11 3 48 3 3 39 131 378 369 3 116 30 3 0 34 39 343 3 16 3 226 394 a 68 38 i ; . . .j 3 9Q 3 107 381 368 : — Life Insurance (Association of Life Insurance Presidents) Admitted life insurance assets (40 cos.) : 16, 070 Grand total mills, of dolls 15, 978 Mortgage loans— 6,359 Total . ..mills, of dolls 6,353 1,533 -tf'dfin - ..mills, of dolls 1,535 4,826 All other mills, of dolls. . 4,818 Bonds and stocks (book value): 1,258 Government . . mills, of dolls 1,213 1,667 Public utility .mills, of dolls 1,662 2,663 Railroad . . mills, of dolls.. 2,657 504 All other .mills, of dolls 503 6,092 Total . . mills, of dolls . 6,035 Policy loans and premium notes _ .mills, of dolls 2,409 2,388 Amount of new insurance (44 cos.) : 37 46 Group mills, of dolls 46 199 247 Industrial mills, of dolls 253 2?} 484 547 503 Ordinary mills, of dolls 606 818 839 720 Total insurance mills, of dolls _ 905 Policies and certificates, new (44 cos.): 22 26 18 22 Group .. tbous. of certificates. . 995 761 723 994 Industrial thous. of policies-250 223 233 Ordinary thous. of policies-260 1,254 968 1,035 Total policies and certificates .^thousands-1,276 Premium collections (44 cos.) : * 9, 019 9,304 17, 979 Annuities . .thous. of dolls. . 10, 125 7,521 7, 895 Group thous. of dolls . 7, 484 8,114 Industrial ._ .thous. of dolls.. 58, 365 55, 319 62, 874 55, 612 154, 579 178, 398 105,587 150, 450 Ordinary.. thous. of dolls.. Total _ -. .thous. of dolls.. 241,501 222, 309 234, 652 260, 103 Sales of ordinary life insurance (Life Insurance Sales Research Bureau) : Canada, total, 15 cos thous. of dolls.. 36. 006 30, 066 35, 738 39, 977 United States, total thous. of dolls. . 599, 855 535, 353 589, 497 634,902 Eastern manufacturing district .thous. of dolls . 258. 245 221, 440 242, 920 267, 378 Far western district.. .thous. of dolls.. 61. 492 56, 553 60, 607 63, 112 Southern district thous. of dolls.. 04, 470 61,076 69, 047 73,714 Western agricultural district -thous. of dolls.. 80, 224 75,004 84, 197 91, 959 Western manufacturing district ..thous. of dolls.. 135. 524 121, 280 132, 720 138, 739 Ordinary life insurance, lapse rates (Life Insurance Research Bureau): 3124 United States total rel to 1925-26 3140 East North Central- rel. to 1925-26— 3 123 East South Central .rel. to 1925-26. . 3 140 Middle Atlantic rel to 1925-26 3 113 Mountain rel to 1925-26 3 122 New England rel. to 1925-26 . 3 110 Pacific rel to 1925-26 3 107 South Atlantic rel to 1925-26 s 120 West North Central rel to 1925-26 3 123 West South Central... rel. to 1925-26* For earlier data see table on page 21 of the October, 1931, issue. ::::::::: 15, 871 15,769 15, 662 15, 573 15,474 15,392 ; 15,293 15, 217 15, 120 6,356 1,537 4,819 6, 345 1,541 4,804 6,332 1,544 4,788 6,330 1,547 4,783 6,323 1,555 4,768 6,312 1,555 4,757 i 6,303 1,554 4,749 6,270 1,561 4,709 6, 244 1, 562 1,189 1,644 2,653 504 5,990 1,164 1,611 2,653 499 5,927 1,134 1,605 2,660 495 5,894 1,120 1,578 2,651 487 5,836 1,108 1,572 2,648 485 5,813 1,106 ! 1,545 ! 2,633 478 5, 762 | 1,104 1,531 2,637 475 5,747 1,101 1,526 2,640 469 5,736 1, 095 1,521 2, 638 465 5, 719 2,363 2,331 2,300 2,273 2,241 2,212 2,169 2/127 2, 098 81 251 673 1,005 72 236 672 980 99 225 691 1, 025 62 247 720 1,028 104 209 599 912 131 229 753 1,112 59 208 593 861 620 915 45 926 285 1,256 35 845 288 1,168 59 865 301 1,225 28 881 321 1, 230 60 731 247 1,039 44 750 231 1,026 59 794 319 1,172 28 741 253 1,022 35 847 261 1,143 13,868 8,117 60, 654 173, 947 256, 586 25, 175 8,037 59, 884 175, 562 268, 658 12, 682 8,398 53,854 183, 992 258, 926 11,919 8,790 62,920 186,452 270,081 12, 430 8,748 56,388 166, 759 244,325 10,741 10,108 62,659 170,497 254,005 1 19,615 9,591 ! ! 112,666 ! 191, 871 ! 333, 743 7,094 7,269 58, 108 154, 473 226, 044 55, 851 165, 954 236, 666 46, 227 734,614 41, 314 724, 206 45, 648 754,002 46, 945 770,440 40, 180 647, 140 I 41,188 ! 49,874 628,607 ; 795,642 46,868 653, 131 46, 019 C8 5, 755 321, 403 70, 226 84, 055 313,038 68, 663 81, 955 327, 077 70, 943 82, 930 343,745 73, 579 77, 628 289,757 60, 094 64,009 280,066 ! 324, 635 61,589 ! 86, 291 91, 922 65,329 279, 651 65, Oil 72, 189 285,591 71,961 100, 752 98,861 102, 396 101, 945 86, 439 82,754 j 117, 117 90,178 97, 300 158, 178 161, 689 170, 657 173, 543 146, 841 146, 102 153, 70 1 3113 3116 3 123 3 117 3127 3 95 3 128 3 128 3 108 « 114 3 98 3 103 3 100 3 107 3 110 ! 3 ino 3 log 311Q i 2 Revised. 5 78 ' 214 ; 596 888 | 138,869 i ! ! | 175, 677 3127 139 139 143 125 141 114 121 112 124 Quarter ending in month indicated. 4,682 52 6,917 7,944 77, 190 oo SURVEY OF CURRENT BUSINESS December, 1931 MONTHLY BUSINESS STATISTICS—Continued Earlier data for items shown here may be found in the 1931 Annual Supple" August October Septemment to the Survey ber 1930 1931 July June > May April March Decem- Novem- October ber ber Febru- January ary FINANCE— Continued Public Finance 35, 175 35, 500 38, 240 34, 480 28, 986 27, 463 31, 798 31, 807 28, 107 28,808 36, 365 Customs receipts thous. of dolls 30, 764 Expenditures chargeable to ordinary 323, 838 356, 630 416, 472 244, 651 receipts thous. of dolls.. 330, 661 375, 153 285, 892 432, 366 720, 236 191, 425 413,796 364, 540 Government debt, gross, end of 17, 321 17, 292 16, 864 16, 802 16,801 16, 185 month mills, of dolls._ 16, 583 16, 231 16, 527 16, 655 16, 163 i 16, 026 Total ordinary receipts. thous. of dolls.. 131, 649 368, 792 122, 141 131, 706 512, 894 124, 405 148, 208 433, 301 118,614 125,605 717,092 120, 362 United States money in cir5, 133 4,947 4,830 4, 750 4,528 culation „, .mills, of dolls.. 5, 478 4,679 4,590 4,695 4,823 4,647 4, 598 39.319 375,214 16, 180 147,813 4. 501 Stock!* oldftrs American Telephone & Telegraph Co.: Domestic number Foreign number. _ Pennsylvania R. R. Co.: Domestic number Foreign number . U. S. Steel Corporation (common stock): Domestic number Foreign number Shares held by brokers p. ct. of total 3 605, 885 36,870 8 595, 322 8 6, 735 3574 905 » 6, 383 «560,424 3 6, 184 3 241, 391 3 3, 284 3 240, 734 »3,291 2235,306 3 3 272 s 233, 414 3 3, 190 3166,316 3 2, 701 313.16 3 153, 718 1 2, 520 1 14. 37 s 147, 440 33 2, 451 15 68 * 143, 221 * 2 345 * 16 20 Stocks and Bonds BONDS Bond prices: Combined price index .. . _p. ct. of par, 4% bond.. 65.06 Highest-grade rails_p. ct. of par, 4% bond_- 84.35 Industrial p. ct. of par, 4% bond-. 55.48 Public utility p. ct. of par, 4% bond-71.93 Second-grade rails. p. ct. of par, 4% bond.. 56.49 Bond prices, 1st of following month: 50 domestic bonds p. ct. of par.. 92.96 40 representative issues p. ct. of par.. 56.10 5 Liberty bonds. p. ct. of par-- 100. 37 Bond yields: Industrial (15) percent.. 6.21 Liberty arid Treasury bonds per cent.. 3.71 Municipal (15) -. per cent . 4.51 Municipal bond yield (20) percent.. 4.31 Railroads (15) per cent— 5.14 U. S. Treasury notes and certificates, 3-6 mos per cent.. 1.70 Utilities (15) per cent 4.77 Total, 60 high grade per cent.. 5.16 Long-term real-estate bonds issued: Grand total .. . thous. of dolls . 9,125 Interest rates per cent-5.00 Kind of structureo Apartments thous of dolls Hotels . thous. of dolls 0 Office and commercial .thous. of dolls. . 9,125 Purpose of issue— Acquisitions and Improvements thous of dolls 0 Finance construction__thous. of dolls .. 500 Real-estate mortgage.. thous. of dolls. . 8,625 72.24 92.70 61.60 78.40 64.11 77.05 95.14 65.82 82.81 70.76 80. 99 97.70 67.75 83.68 80.34 79.07 97.73 64.36 82. 76 78.51 80.48 97.68 66.70 80.91 82.54 80.86 96.11 68.15 80.06 84.03 82.29 96.31 70.83 79.59 86.58 82.06 96.41 70.72 79.00 86.39 81.98 !I 96.59 79.98 78. 14 ! 86.54 78.98 92.89 68.61 75. 54 82.78 81.10 94.63 70.53 77.32 85.85 82. 49 95. 85 71.63 78.92 87. 49 96.32 53.98 103. 76 99.98 71.02 106. 04 100.38 72.32 106. 09 100. 25 83.84 106. 30 99.89 81.01 108. 84 100. 12 85.30 105. 77 100. 15 88.03 105. 37 100. 27 86.67 104.85 99.57 ; 84.56 i 104.23 | 99.54 81.53 105. 53 99.68 84. 05 106.41 100. 08 86.08 106. 06 5.64 23.42 4.00 M.06 4.66 5.26 3.34 3.88 3.85 4.47 5.13 3.32 3.88 3,86 4.32 5.25 3.30 3.76 3.84 4.32 5.24 3.31 3.75 3.74 4.27 5.10 3.38 3.80 3.85 4.33 4.98 3.39 3.89 3.90 4.27 5.01 3.40 3.95 4.03 4.27 4.99 3.33 3.92 4.05 4.25 i ! ! 5.12 3.34 4.05 4.12 4.41 4.97 3.32 4.00 4.06 4.32 4. 89 3.34 3.94 3.99 4.25 .45 4.50 4.70 .42 4.40 4.50 .41 4.42 4.44 .55 4.46 4.45 .88 4.44 4.43 1.49 4.46 4.43 1.38 4.48 4.41 1.06 4.54 4.44 1.24 4.56 4.43 ! 1.48 4.61 4.55 1.40 4.57 4.46 1.74 4. 53 4.41 66, 785 5.80 2,100 5.76 775 5.78 3,425 5.69 9,485 5.43 7,235 5.68 2,015 5.66 3,590 5.36 4,520 , 5.81 i 29,877 5.75 9,965 5.74 6. 635 5.61 0 0 66, 445 0 0 1, 985 0 0 175 0 0 2,700 o 265 8,650 250 0 4,400 0 0 1,475 0 0 2,000 0 ; 1,250 1,200 0 340 28,972 9,300 "8 175 0 3,050 0 395 66, 090 0 565 635 0 600 0 0 1,000 425 265 0 9,220 0 1,700 3,135 210 1,000 630 0 1,500 1,090 2,850 0 1,250 ; 850 530 27,945 0 1,595 5,120 2,000 1. 210 1,975 156. 80 125.3 46.44 66.4 22. 90 190. 59 152. 3 57.87 82.7 32.48 193. S3 154.9 64.88 92.8 33.35 198 56 158,6 68.09 97.4 35.81 193. 75 154. 3 65.89 94.2 31.39 215. 74 172.4 74.97 107.2 36.38 237.52 189.8 84. 55 120.9 40.49 235.29 188.0 92 03 131 6 44.00 214. 18 171.1 90.38 129. 2 40.69 212 34 169.6 82.00 117.2 38.09 227.60 181.8 90.23 129.0 42. 12 240. 49 191. 1 97. 30 139. 1 43.44 81.7 56.1 131.9 95.5 66.2 154.0 98.2 75.3 157.5 95.1 74.0 153.0 98.0 76.8 156.4 109.2 87.3 169.8 121.6 97.2 188.9 119.8 104.7 177.9 112.3 100.4 163.4 109.4 93.5 157.9 116.7 102.1 167.4 127.6 110.9 187.0 75.8 94.0 158.1 84.7 88.5 115.0 194.1 103.4 89.8 130.7 196.3 104.9 86.5 129. 2 189.7 101.2 89.4 140.3 202.3 110.0 100.3 150.5 227.6 117.4 111.8 178.6 268.2 128.6 110.3 174.0 237.3 120.4 103.4 161.7 202.5 106.2 101.9 169.7 177.0 100.3 108.5 195.8 214.9 101.2 117.8 211. 7 269. 6 108.0 41.1 80.0 50.0 96.7 49.1 91.6 61.0 112.0 50.2 89.2 65.8 112.2 46.7 88.5 62.0 111.9 46.4 88.8 66.7 117.7 50.0 86.2 79.4 127.1 57.5 89.9 95.7 136.9 54.4 86.4 90.8 133.2 50.6 78.4 82.1 127.2 54.9 78.1 79.9 123.0 56.0 81.7 90.8 126. 4 52. 5 88. 1 92. 6 133. 5 71.6 84.2 88.0 83.4 88.7 109.4 125.1 125.8 120.4 116.9 120.3 134.4 60.0 46.4 45.9 54.8 40.4 69.9 54.5 48.4 65.2 44.7 67.4 57.2 48.9 71.8 45.8 63.1 54.6 48.6 68.2 45.0 63.2 57.1 48.6 72.1 47.4 74.1 67.5 52.6 86.1 52.2 84.5 78.2 51.5 102.9 58.2 90.7 77.4 52.2 101.2 55.3 89.1 74.1 53.8 89.8 52.5 96.9 76.8 67.9 99.5 54.9 106. 4 82. 0 64.6 115.4 <>8. 2 i STOCKS Stock prices, average daily closing: 25 industrials, average dolls, per share .. 146. 65 25 industrials, average rel. to 1923-25.. 117.2 25 railroads, average dolls per share 44.72 25 railroads, average ..rel to 1923-25 63.9 103 stocks, average., .. .dolls, per share-23.85 Stock prices, average weekly closing: All groups (404) rel. to 1926 69.7 All railroads (33) _ _ rel. to 1926.. 48.4 All utilities (34) rel. to 1926.. 111.9 Industrials, rails and utilities (337) rel. to 1926.. 64.8 Agricultural implements (4).. rel. to 1926.. 80.1 Airplanes (10) rel. to 1926.. 121. 5 Automobiles and trucks (13). .rel. to 1926.. 70.4 Automobile tiros and rubber goods (7) rel. to 1926.. 31.3 Chain stores (17). rel. to 1926. _ 69.7 Copper and brass (9)._ rel. to 1926.. 43.0 Food, other than meat (20). ..rel. to 1926.. 84.3 Machinery and machine equipment (10) rel. to 1926.. 59.3 Oil producing and refining (16) rel. to 1926.. 53.1 Railroad equipment (9) rel. to 1926.. 41.2 Rayon (5) rel. to 1926.. 42.6 Steel and iron (9) rel. to 1926.. 41.7 Textiles (30)... rel. to 192635.9 Theaters, motion pictures and amusements (7) rel. to 1926— 28.3 Tobacco and tobacco products (10) .._ .rel. to 1926-. 104.7 Traction, motor transportation (9)._ rel. to 192643.6 2 Revi sed . 37.9 43.4 117.5 136.9 51.1 59. » 44.5 141.0 62.7 87.8 72.9 i 58.2 91.6 i 51.0 44.6 44.3 61.3 76.1 80.2 69.4 66.7 77.7 87.8 133.5 137.3 144.3 143.8 137.4 131.5 125.6 129.2 136.8 63.2 60.8 61.9 67.1 63.1 63.3 67.9 72. 3 3 Q Barter 66.3 ec ding in m onth fnd cated. 56 SURVEY OF CURRENT BUSINESS December. 1931 MONTHLY BUSINESS STATISTICS—Continued Earlier data for items shown here may be found in the 1931 Annual Supplement to the Survey October !Se^rn- August 1931 July June 1930 May April i March ary ; January Decem- Novem- October ber ber 1 FINANCE—Continued j Stocks aod Bonds— Continued STOCKS— Continued Stock sales, N, Y. Stock Exchange thous. of shares.. 47,895 51,140 Stock yields: Preferred high-grade industrial (20) . . oer cent 6 40 i 6.03 Total common (90) .per cent.. 7.28 i 6.51 Industrials (50). ._ ..per cent.. 7. 49 i 6. 63 Public utilities (20) per cent.. 5. 74 ' 5. 11 Railroads (20).., . per cent... 10.07 < 9.59 i 65,494 64, 145 5.54 4.95 5. 17 3. 60 6. 75 5.61 5.12 5.35 3.89 6.29 57, 994 3, 975 44. 958 17, 054 39S 834 19, 300 650, 141 7, 039 0 25, 764 28, 254 0 3, 057 18, 097 1, 750 252,918 ''50 *WJ •S56, 07S 15, 439 6, 350 4, 850 95, 932 2, 650 400 27. 45i) 12, 295 1, 651 0 138.800 0 3. 813 5, 000 220, 418 16, 113 10,415 2. 000 210,025 22. 500 0 2, 044 1, 226 16, 197 5. 800 115,070 40, 864 39, 835 24, 890 33, 540 58, 719 46, 661 5. 80 5.74 5.94 4. 36 8.15 5.77 5.66 5.89 4.33 7.54 5.85 5. 96 6. 28 4.47 7.70 5 71 5.95 6. 23 4.42 7.91 1, 923 400 7, 133 683 62, 240 5, 085 866, 340 9,660 0 I. 523 0 5,000 1, 450 0 33, 650 13. 505 0 51.997 155, 934 9, 197 54,335 52, 543 58, 764 51, 946 65, 497 5.77 5.62 5.79 4.37 7.05 5.62 5.43 5=69 4. 10 fi. 46 5 "'^ o! 05 3.64 5. 9> 109.864 2, 685 46, 839 12,355 69, 563 7, 000 156 873 33. 690 8, 000 12, 534 0 35. 444 1, 73,' 70, 000 7.714 2, 520 24, 250 60, 000 2. 563 0 112. 404 10. 779 401,229 .88, 228 5&0, 706 187. 644 141, 855 211', 795 82, 400 2, 025 69, 173 21, 8>;9 10. 502 44, 605 7, 577 4. 640 305,661 G, 000 3, 765 2, 053 101,393 200, 018 6.405 0 64, 266 12, COO 8, 021 1,500 30, 002 0 116,778 14, 250 15,365 4 250 89, 738 7, 600 S. 740 35. 750 104 642 5, 000 800 35,563 11,600 2, 630 2 900 4.725 14, 340 15. 053 131,343 121, 575 169, 360 81, 230 267. 471 189, 207 269, 030 132, 199 74 251 13, 975 3^, 848 ISO, 858 180.872 6,772 137. 622 4, 233 153, 14* 153, 814 2, 120 247, 034 5, 884 190,065 60; 525 354, 969 101, 709 391, 758 9, 471 61, 460 26, 768 535, 404 45, 302 .114,135 73, 509 123,417 18, 438 183, 659 30' I3fj 191 035 8, 675 199, 710 0 9 JO. 615 &', 284 227, 899 0 252. 585 15, 167 267, 752 G 221. 256 14, 431 235, 687 0 215 661 12,127 227, 788 0 238,298 174, 535 19.911 8,723 247, 021 : 194,146 0 0 247, 308 16,809 26% 117 0 250, 707 15. 055 265. 762 0 182. 906 6. 610 189, 546 97 500 264, 357 0 I, 900 38, 80Q 69, 184 44, 303 8, 707 95, 057 22, 377 5, 662 103, 545 91.327 » 120, 336 30, 892 45, 602 169, 022 24, 785 49.977 111,395 »:279, 443 i 119,589 198, 598 64, 979 -'238,436 , * 81, 697 97, 703 76, 531 93, 982 80. 422 158, 3 SO 5.59 ! 5.43 ! 5. 69 i 4. 04 7. 12 5 66 5. 50 5.73 4. 26 6,56 ' 5. 39 New Security Issues Bond sales, Canada: 43<{. 2 51,073 Total . .thous. of dolls.. Corporation thous. of dolls.. 150 240 Dominion and provincial __ „ , _ _ „ _ thous. of dolls 0 0 Municipal .thous. of dolls 2itf> 833 Railways ...thous. of dolls.. 0 50, 000 Bond sales (U. S.): Corporation — Total .— thous. of doils..' 17,891 176,284 Class of industryIndustrial thous. of dolls.. 2, 100 4, 550 Land and building:? thous. of dolls. . 9, 02,5 ! 67, 009 Oil thous of dolls i 0 0 Public utilities thous. of dolls. . 2, 000 42,0 SO Railroads. . . thous. of dolls.. 0 60,000 Shipping and miscellaneous thous, of dolls, . 4. 10(5 2,025 Purpose of issue— New capir-al... -.thous. of 'loSJs., 17,' J : >)1 : 156,331 Refunding . ,. ~ _ thous. of dolls 500 19, 8S3 Type of securityBonds and notes. thous. of dolls.. 14.2S5 163,399 o r,(){] 12 865 Stock5* thous of doPs Bond sales on N. Y. Stock Exchange: Miscellaneous thous of doll c > 290,822 i 267,323 Liberty— Treasury.. -thous. oi dolls... ou,157 • 38,4^3 Total . . . thous. of do! 3 *_ . 346,979 305,816 Foreign governments thous. of dolls.. 0 0 Foreign loans in the United States . thous. of dolls . 0 2 23, 602 St.iles find municipalities: Permanent loans.. .. thous. of dolls.. 15,650 121.392 Temporary loans... thous. of dolls.-: 49,064 2 102, 129 8 Revised 275.818 291,522 13, 791 175, 004 ' ]•) (-\j ~ 272, l i v ) 0 EXPLANATORY The Survey of Current Business is designed to present each month a picture of the business situation by setting forth the principal facts regarding the various lines of trade and industry. The figures are very largely those already in existence. The chief function of the Survey is to bring together those data which, if available at all, are scattered in hundreds of different publications. A portion of these data are collected by Government departments, other figures are compiled by technical journals, and still others are reported by trade associations. The Survey of Current Business computes the indexes on total stocks, new orders, agricultural marketings, crop marketings, and unfilled orders based on available data. SOURCES OF DATA The sources and inclusiveness of the data appearing in the table "Monthly Business Statistics" will be found noted in the 1931 Annual Supplement to the Survey of Current Business, and the sources of the weekly data are given on page 4 of the February 5, 1931, issue of the Weekly Supplement to the Survey of Current Business. HISTORICAL DATA Monthly data on all the various series carried in the Monthly Survey will be found in the 1931 Annual Supplement to the Survey, running back seven years and in some cases eight years. Data previous to that included in the 1931 Annual Supplement will be found in the monthly Surveys prior to 1924. RELATIVE AND INDEX NUMBERS To facilitate comparison between different important items and to chart series expressed in different units, relative numbers (often called "index numbers," a term referring more particularly to a special kind of numbers described below) have been calculated. The monthly average for 1923-1925 has usually been used as a base equal to 100. The relative numbers are computed by allowing the monthly average for the base year to equal 100. If the movement for the current month is greater than the base, the relative number will be greater than 100, and vice versa. The difference between 100 and the relative number will give at once the per cent increase or decrease compared with the base period. Thus, a relative number of 115 means an increase of 15 per cent over the base period, while a relative number of 80 means a decrease of 20 per cent from the base. Relative numbers may also be used to calculate the approximate percentage increase or decrease in a movement from one period to the next. Thus, if a relative number for one month is 120 and for a later month is 144, there has been an increase of 20 per cent. When two or more series of relative numbers are combined by a system of weightings, the resulting series is denominated an index number. The index number, by combining many relative numbers, is designed to show the trend of an entire group of industries, or for the country as a whole, instead of for the single commodity or industry which the relative number covers. Comparisons with the base year or with other periods are made in the same manner as in the case of relative numbers. SEASONAL ADJUSTMENTS TO INDEXES Seasonal variations are found in most series of economic statistics for which monthly values are obtainable. Consumption and production of commodities, interest .rates, bank clearings, railroad freight traffic, and many other types of data are marked by seasonal swings repeated with minor variations year after year. These, in so far as they exist at all, are definitely periodic in character, with a constant 12-month period. In cases where an adjustment is noted for a series carried in the Survey, the index has been corrected for number of working or business days in the various months and then adjusted for seasonal variation. The index figures thereby become comparable throughout the series. METHODS OF USE Methods of using and interpreting current business statistics have been collected by the Department of Commerce from many business concerns and are described in a booklet entitled "How to Use Current Business Statistics," together with methods of collecting statistics. This booklet may be obtained from the Superintendent of Documents, Government Printing Office, Washington, D. C., at 15 cents per copy. This arrow points to a billion dollars—or more of purchasing power If you plan to do business in or with the Gulf Southwest it is very important for you to keep tabs on this billion In other words, the cotton crop of this region is worth annually a billion dollars—or more. It is subject, however, to the vagaries of weather and insect infestation and to price fluctuations, resulting sometimes in a variation of over $5,250,000 in the income of one county during a 3-year period. COTTON P R O D U C T I O N AND DISTRIBUTION IN THE GULF SOUTHWEST a 311-page illustrated volume, gives you the findings of the extensive survey of production and distribution of cotton and cottonseed in this area, conducted by the Domestic Regional Division. To quote the foreword : "All the different factors affecting cotton production are discussed, and, in so far as possible, are correlated with particular production districts." Income from cotton is estimated on a county basis and expenses such as feed, fertilizer, and hired labor are listed. The relative importance of different markets is revealed. ISSUED AS DOMESTIC COMMERCE SERIES No. 49 Price 80 cents. For sale by the Superintendent of Documents United States Government Printing Office, Washington, D. C.,or any district office of the UnitedStates Department of Commerce U . S . G O V E R N M E N T P R I N T I N G O F F I C E : 193 J