View original document

The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.

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