Full text of Survey of Current Business : February 1932
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FEBRUARY, 1932 SURVEY OF CURRENT BUSINESS UNITED STATES DEPARTMENT OF COMMERCE BUREAU OF FOREIGN AND DOMESTIC COMMERCE WASHINGTON V O L U M E 12 NUMBER 2 V o l u m e 12 F E B R U A R Y , 1932 Number 2 W E E K L Y D A T A T H R O U G H J A N U A R Y 2 3 , 1932 M O N T H L Y DATA T H R O U G H D E C E M B E R SURVEY OF CURRENT BUSINESS PUBLISHED BY UNITED STATES DEPARTMENT OF COMMERCE WASHINGTON CONTENTS Page Monthly business indicators Business situation summarized Foreign trade 1931 in comparison Commodity prices Employment Finance Domestic 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—wholesale prices 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 SURVEY OF CURRENT BUSINESS is 31.50 a year which includes the 12 monthly numbers, the annual supplement, and the 52 weekly supplements; single copies (monthly), 10 cents; annual supplement, 25 cents. Foreign subscriptions without weekly supplements, 32.50; single copies (monthly issues), including postage, 14 cents; annual supplement, 36 cents. Make remittances only to Superintendent of Documents, Washington, D. C., by postal money order, express order, or New York draft. Currency at sender's risk. Postage stamps or foreign money not accepted 96697—32 1 SURVEY OF CURRENT BUSINESS February, 193 Monthly 1923-1925-100 INDUSTRIAL PRODUCTION 150 INDUSTRIAL PRODUCTION i80 140 ioc 60 FACTORY EMPLOYMENT FACTORY PAYROLLS 140 SDD UNADJUSTED 100 !00 70 40 130 TOTAL FREIGHT CAR LOADINGS DEPARTMENT STORE SALES 100 VALUE OF IMPORTS 150 M .1 iiHli 50 ZOOr WHOLESALE PRICES 120 VALUE OF EXPORTS 150 CAR LOADINGS L.C.L. 120 BANK DEBITS OUTSIDE NEW YORK CITY BUILDING CONTRACTS AWARDED aoo 150 150 100 100 1 111 11 50 1927 1926 * ADJUSTMENT FOR NUMBER OF 19Z9 1 1 ii i i i n 1930 1931 WORKING DAYS AND SEASONAL VARIATION 1927 1926 1929 1930 1931 SURVEY OF CURRENT BUSINESS February, 1932 Business Situation Summarized Retail trade was higher in December than in the preceding month, although the increase was less than were, in general, of approximately the usual seasonal the normal seasonal gain. Department and chainproportions. Industrial production declined last store sales continued at relatively favorable levels. month with recessions in both the manufacturing and Freight-car loadings declined seasonally, but the admineral industries, but after allowance for seasonal justed index did not vary to any extent during the fluctuations the volume was only slightly lower. The final four months of 1931. Total loadings for the movement so far in January has been irregular, with year were 19 per cent less than in 1930 and 29 per cent few pronounced gains. December was the second less than in 1929. Loadings of l.c.l. merchandise successive month in which the decline in the adjusted declined by the usual amount, and for the year averproduction index was no more than one point. Several aged 10 per cent below 1930. Foreign trade returns for important industries, notably the automobile, meat- the final month of 1931 do not indicate a reversal of packing, leather and shoe, and anthracite industries, the unfavorable trend in our foreign business. Exports reported increased activity in December, while the were down by about the usual seasonal amount and lumber, petroleum, and electric-power group revealed imports showed only the customanr slight variation. only minor changes. Recession in the iron and steel Construction contract awards during December deindustry was pronounced, following the November clined 10 per cent, resulting in a further decline in the increase, and production of textiles and bituminous adjusted index which moved higher only one month in coal was also lower. The decline in industrial produc- 1931. Following five months of comparative stability in tion in December as compared with the same month of 1930 was 13 per cent, or relatively less than the decline the wholesale price level, renewed weakness developed for the entire year, amounting to 16 per cent. Com- in December resulting in the largest relative decline pared with 1929, industrial production in 1931 was in the index for any month in 1931. This decline 32 per cent lower. continued into the new year, but more recently firmness Employment and pay rolls were slightly higher in has developed. Security markets moved to new December, with increased employment reported for the lows, the bond market in mid-December and the stock retail trade, petroleum and bituminous'coal industries. market in the first week of January. business activity SUCH changes inthe early weeks of astheoccurred in December and new year i? «1a *s If Tnfa! Ii i ! n ;i gf §§ £ <* New Foreign trade, value Merclian- ( | dls*Lc.L | Total - i: i ' I i: 1 ' I i 3 9 !, P ,: 8 ^ 1; j' 1. 1;I; I 5 9 * i 1 9 8 & 1 .! Building contracts, all types, value, adjusted J i> 5- | ! Department ; l store sales, i value Freight car loadings debits outside York City i 3 | I i £ 1 | Bank Factory employment | and pay roils i Minerals, adjusted ': i i s ft • _ __ ._.. ^ Manufactures, adfrS* J listed i §~ Tear and month Total, adjusted i | c MONTHLY BUSINESS INDEXES 1930 1931 1 100 ! 82 j 82 86 87 89 89 84 83 79 76 73 72 71 119 96 81 i | 1 1 ! 81 85 87 89 89 84 83 79 76 71 70 69 119 96 80 i Adjusted for seasonal variation. !••«*( ! ' \ka fl 1 • "8 "2 v o [ ': f t a II a •8 Sj :a| i 3*0 $ \ %% Oa & |>*l , : 98 80 Wholesale prices Monthly average 1926-100 Monthly average 1923-1925=100 1929' December 1930: December 1931: January __ February March A pril May June July August -. September October November .__ _ December Monthly average January through December: 1929 1 97 80 116 94 78 78 78 78 78 76 75 74 73 70 69 69 90 88 87 92 86 85 84 ! 79 77 1 85 | 84 83 I ! 115 99 84 ' 101 88 74 2 89 74 102 84 96 86 103 92 191 165 108 ; 94 i 112 ! 72 i 96 136.4 | j 65 ! 117.1 ; | 102 73 93.3 79. 6 101.9 75.2 91.4 79.0 74 74 75 83 87 89 91 92 56 ! 56 87 86 88 87 85 77 90 89 89 88 89 89 88 86 :! 85 83 !1 83 83 79 80 92 101 97 90 65 67 87 93 97 143 97 98 97 106 97 95 91 88 84 • 86 83 81 66 69 62 57 54 49 48 43 48 54 51 49 57 54 i 65 58 56 , 55 54 52 53 52 46 47 110.0 i! 79 77 78 76 78 78 70 61 82 80 80 80 79 77 :! 76 72 69 69 • 68 67 71 79 77 73 66 64 61 59 59 55 49 38 78.2 76. 8 , 76.0 ; 74.8 1 73.2 72.1 72.0 j 72.1 71.2 I 70.3 ! 70.2 S 68.6 73.1 70.1 70.6 70.1 67.1 65. 4 64.9 63.5 60.5 58.8 58.7 55.7 77.8 77.1 75.6 74.2 73.2 71.9 71.8 72.3 72.0 71.4 71.8 70.4 108 i 87 ! 66 i 106 92 75 105 97 87 ...i i 111 102 91 117 i 95. 3 92 ! 86. 4 63 I ?3.0 104.9 88.3 64.8 92. f, 85.1 73.3 99 74 : 68 73 ! 75 74 : 72 68 64 64 62 ! 59 ; 89 Adjusted for number of working days. •1 1 1 i i i ! : j ! 115 84 ; 53 113 79 54 86.6 1 98.4 i l 99.5 ! 95.6 i i 98.4 i l 93 5 i ssis • 84.3 91.9 74.0 86.7 ,| ! ! .1 140.4 117.2 i 91.9 j 384 commodities included, new index not available. SURVEY OF CURRENT BUSINESS February, 1932 Foreign Trade T7XPOItTS during December decreased 5 per cent in -*—^ value as compared with November, while imports increased 2 per cent. A seasonal drop in shipments of fruits and wheat and a sharp falling off in refined mineral oils were largely accountable for the decline in exports. Exports of raw cotton, amounting to 629,700,000 pounds, increased as compared with both the October and November shipments, contrary to the normal seasonal trend. For the last quarter of 1931 cotton exports were the largest since the final quarter of 1928. The increase in imports over November was due primarily to large importations of copper, crude rubber, and coffee; raw silk, however, declined sharply and tin and burlap imports were the lowest in many years. As compared with December, 1930, the value of both exports and imports fell off considerably; the former by 33 per cent and the latter by 27 per cent. For the entire year 1931 the dollar value of exports, $2,424,000,000 fell 37 per cent below 1930 and 54 per cent below 1929, while imports declined from $3,061,000,000 in 1930 to $2,090,000,000 in 1931, or by 32 per cent. The important part played by price recessions in the declines in value is indicated in the accompanying chart, which shows also the changes in quantity of our foreign trade. Thus, the respective declines in volume of our exports in 1931, in comparison with 1930 and 1929, amounted to 20 and 35 per cent, or considerably less than the decline in value. Quantity declines in imports were much smaller; about 10 per cent in comparison with 1930 and about 25 per cent as compared with 1929. Since the closing months of 1929 recessions in prices of industrial crude materials and semimanufactures as well as in foodstuffs, which loom large in our foreign trade, have been extremely severe. For example, from an average of 19.4 cents in 1929 and 14.2 cents in 1930 the export unit value (average price) of raw cotton fell to 8.9 cents in 1931, a drop of 37 per cent for the year and of 54 per cent in two years. The unit value of wheat averaged 62 cents in 1931, a level 38 per cent below that of 1930 and 50 per cent below that of 1929. Similarly, in imports the unit value of crude rubber in 1931 was 6.6 cents per pound as against 12.9 cents in 1930 and 19.1 cents in 1929, a drop of 49 per cent from 1930 and of 65 per cent from 1929, while respective declines from 1929 in the unit value of raw silk, coffee, copper, and tin amounted to 54, 51, 48, and 47 per cent. In the case of a number of important commodities, our exports in 1931 were larger in quantity than in 1930. Exports of raw cotton, our most important export commodity, were 5 per cent larger than in 1930 and shipments of crude petroleum 8 per cent greater. EXPORTS AND IMPORTS Exports of United States merchandise i Crude ! Ex- 1 materials i ports, i _„ 1i Including Year and month ^eexi ports i Foodstuffs _._.. .... .._.. General imports | Finished manufactures _ • : ' ' • FinCrude w ! ^enii" ished Fruits Total ma- i „*„«•-, f~~ manu« , j^ja- blles terials fac Wheat Meats and ufaci Saw i lures > jfr" """S i tu^s tures " Total cot- i Total and and prep- tures fjp^aj C hin- parts, Oasolme ton ! and i ery flour fats araaccesji ! i tions sories ; ' ! i i ' \ Semi- 1 Automo- Millions of dollars 1929: December 1930: December 1931: January February March April... May June July August September October November December 53.7 i 40.5 . 249. 6 224. 3 235,9 215.1 204.0 187.1 ' 180. 7 164.8 180. 2 ; 204. 9 193. 6 183.8 Cumulative, January through December: 1929 1930 58.6 47.7 56.5 40. 0 36.5 29.1 28.3 25.5 44.4 63.6 68.0 68.3 i I ! I ! 13.5 ! 9.9 23. 5 39.8 ! 43.6 ! 47.3 i 15.8 6.3 ; 15.7 | 12.0 ' 9.8 15.1 35.5 : 29.5 33.0 28.2 29.4 ; 28 7 • 426.6 | 126.0 274.9 ' 76.8 4.9 3.2 3,9 5.7 7.4 8.8 11.6 ' ; 12.2 I 10.6 I 10.1 j 8.5 7.8 7.1 6.8 6.4 6.3 7.1 6.0 7.3 32. 3 28. 1 23. 4 39.3 34.6 27.1 i ! jo, 241.0 1,142.4 770.8 [• 753.9 i3 843.2 829. 1 496. 8 541.2 1?, 423.8 566.7 1 325.6 374.0 7.0 ; ; i : ; 6.7 i 8.8 i 8.5 : 7.6 192.3 157. 5 84.2 202.8 ! 136.0 153.5 109.7 98.2 ! 108.2 i Reexports of foreign merchandise during December, 1931, were $2,913,936. 10.7 8.9 . 10.7 !i 6.4 6.5 ! 5.7 7.6 8.0 9.2 ! 16.2 11.6 l 6.6 54. 4 33.8 lol.4 118.9 ; 49.4 35.3 | 25. 7 15.3 25.4 13.7 309.8 ! 115.6 208. 6 69.1 65.6 52.3 57.8 38.1 315 i ! 27.5 i 31.4 ; 30.6 29.9 i 24.5 i 28.0 i 23.9 i : 21.4 i 21.2 |; 20.8 i 29.6 i 117.1 116.1 110.3 111.1 103.5 97.7 88.3 84.1 83.2 77.3 66.9 64.7 37.7 1 14.4 16.1 18.5 18.0 14.2 12.8 11.5 10.7 8.7 8.5 5.5 : 7.9 13.8 10.6 8.4 10.7 12.5 • : ' \ ! 29.4 31.1 26.6 28.3 22.7 20.4 24. 7 20.2 15.7 17.7 183.1 174.9 210.2 185.7 179.7 173.5 174.5 166.7 170.4 168.7 149.7 152.9 59.4 56.4 64.0 54.7 54,7 52.4 50.0 47.7 52.9 52.4 47.9 49.9 42.1 46.1 56.6 51.9 49.6 47.2 47.1 45.4 35.1 36.8 33.0 36.7 36.9 31.5 39.8 33.4 30.4 29.8 30.0 28.3 30.3 29.0 27.6 25.3 44.8 41.2 49.2 45.7 45.5 44.2 47.5 45.3 52.0 50.5 41.3 41.1 729. 1 ! 2, 531. 8 512. 8 i 1, 898. 1 i 317.7 I t , 119. 6 i 608.9 517. 2 318. 3 962. 2 i 883.1 693.6 | 608.2 527.3 i 371.9 995., 757. 543.^ '; 44.0 i i | j i | I 8.8 7.2 7.2 8.3 5.9 539.3 : 266.9 1(4,399.4 1, 558. 4 277.4 i 250.6 i t 3, 060. 9 1,002.2 146.7 642.2 109.3 112,089.8 February, 1932 SURVEY OF CURRENT BUSINESS Certain classes of fruits were also exported in larger quantities during 1931; in fact, the value of exports of all fruits was practically as large as in 1930. Tobacco exports showed a comparatively moderate decrease in quantity—9/2 per cent—while respective quantity decreases in exports of wheat, including flour, and meat products, amounted to 16 and 17 per cent. On the other hand, the quantity as well as the value of leading finished manufactured exports declined considerably during 1931. As compared with 1930, exports of electrical appliances, industrial machinery, motor vehicles, refined mineral oils, and agricultural implements showed losses in value, ranging from 28 to 50 per cent; the value for all finished manufactured exports dropped 41 per cent. It is worthy of note, however, that a number of relatively large individual export commodities, some of which are included in the above-mentioned groups, were exported not only in larger volume than in 1930, but also in larger volume than in 1929. Among the latter are cotton denims, sensitized motion-picture films, carbon black, electric refrigerators, radio sets, dried fruits, apples, and power-driven metal-working machinery. These items represented in 1931 values ranging from $2,000,000 in the case of cotton denims to $36,000,000 for metal-working machinery. Changes in the quantity of imports of individual commodities during 1931, covered a wide range. Three leading imports—raw silk, coffee, and crude rubber— showed respective increases over 1930 of 14, 9, and 3 per cent. Coffee imports were in record quantity, while silk and rubber imports were only slightly lower than in the peak year, 1929. Cane sugar and newsprint imports each dropped 9 per cent in quantity. Silk, amounting to $191,000,000, ranked first in value, followed in order by coffee, cane sugar, newsprint, and rubber, the latter totaling 1,124,000,000 pounds, valued at $73,800,000. Exports to all major markets were substantially lower in 1931 than in 1930 except for China, which showed an increase of 9 per cent, and Japan and Russia (U. S. S. R.) with only comparatively small decreases. Shipments to Asia declined only 14 per cent in value, the smallest loss for any continent. The declines were most severe in the case of South America and Oceania, which have been particularly affected by the reduction in purchasing power as a result of sharp recessions in raw material and foodstuff prices and smaller demands from industrial countries for their products. Exports to Europe were down 36 per cent, and to Canada 40 per cent. Total merchandise exports for 1931 exceeded imports to the amount of $334,000,000 as compared with a "favorable" merchandise balance of $782,000,000 in 1930, and $841,000,000 in 1929. Imports of gold exceeded exports of the metal in every month except October, and the import balance for the year amounted to $145,000,000. QUANTITY AND VALUE OF FOREIGN TRADE NUMBERS I 9 £ 3 ~ i 9 2 5 = IOO 80 60 40 1921 1922 1923 1924- 1925 !926 !927 1928 1929 1930 1931 1932 192! 1922 !923 1924- !925 1926 1327 1928 !929 1930 193! 1932 6 SURVEY OF CURRENT BUSINESS February, 1982 1931 in Comparison . BANK DEBITS OUTSIDE NEW YORK o; 50 150 100 CITY 200 — (BILLIONS OF DOLLARS) 250 350 300 !Q3i (930 1929 1928 1927 CONSTRUCTION CONTRACTS AWARDED (BILLIONS OF DOLLARS) 0 f'931 1930 I 2 3 wm( mm§33ms%HBJ m^ 4- 7 B 5 I I92Q 1928 1927 STEEL iNGOT PRODUCTION (MILLIONS OF TONS) O 10 30 20 40 50 70 60 193! 1930 1929 1928 1927 0 193! mam 1930 1929 1926 1927 1000 AUTOMOBILE PRODUCTION (THOUSANDS OF CARS ) 3000 4000 5000 2000 ^T-H4g^ffi FREIGHT 0 193 1930 1929 1928 1927 10 CAR 20 LOADINGS 30 (MILLIONS OF CARS) ^0 50 SURVEY OF CURRENT BUSINESS February, 1932 Commodity Prices Retail prices of foods declined 2 per cent from November 15 to December 15. Of 42 articles of foods on which quotations are regularly received, prices of 32 were lower on December 15 than on November 15, and 6 were higher. Drops ranging from 3 to 13 per cent occurred in prices of meats, eggs, and oranges. Other declines were less than 3 per cent. Farm prices fell 7 per cent from November 15 to the middle of December as a result of drops, ranging from 2.4 per cent to 10.5 per cent, in prices of each of the groups of farm products except fruits and vegetables, the price level of which remained unchanged. Prices of cotton and cottonseed and of meat animals fell the most, 10 per cent and 10.5 per cent, respectively. Grain prices dropped 8.8 per cent from November to December, and prices of dairy and poultry products declined 2.9 per cent. Farm prices on December 15 were about one-third lower than in 1913. The semiannual index cost of living prepared by the Department of Labor was 3 per cent lower in December than in June, 1931, and 15 per cent lower than in December, 1929. AFTER a general steadying in November commodity - ^ J L prices at wholesale, at retail (foods), and at farm markets fell in December, 1931, and reached levels in some instances considerably lower than at any' time since 1913. Wholesale commodity prices fell 2.3 per cent from November to December, 1931, the greatest drop during the year. Prices of farm products declined 5.1 per cent, also the greatest change in any one month in 1931, as a result of lower prices of grains, cotton, tobacco, cattle and other livestock, and poultry and eggs. Declines in price of meats, butter, flour, and sugar caused prices of foods, as a whole, to fall 2.7 per cent from November to December, 1931, a decline slightly less than that from October to November. Prices of hides and leather products declined 2.2 per cent, owing to drops in prices of hides and skins, chrome calf leather, and several types of shoes. Sharp drops in prices of the silk and rayon group and a smaller fall in prices of cotton goods caused the price level of textile products to average 2.3 per cent lower in December than in the preceding month. The level of prices of metals and metal products changed only fractionally. INDEXES OF COMMODITY PRICES Wholesale i ii : *! •d^ ££ if sa Year and mouth lis S5.2 o»-e; I C8 •2 * £ « •«§ fl ft "2 *® S $* 1 1 •o * 5 4S « = *& i UD a S A bfi o a ft •§ c> ' " 1 "3 « s H &* •3 15 fi ~£ a* t« I A i 3> ; J? an "3 I 's "eS S bfi d ii ( 3 £ 2 *2 P3 flsc Z : i S? p § 1 1*5 : S a : % , 3 1 s Q 1 H ; 1 S 1 i1 fe !i S3 g A 1 c8 S ! S Retail JFarin» i »* 1 & ll s3 JS 11 .Ss bfi a !E 95 •e o 1 ' fi ,2 1 ! £ £ £ 5 05 o ^ iS II i: S " ^ ' Mo. Mo. Mo. averaver- aver- ' age ' age age 1909 1913 = 1923 = to ! 100 100 1914= ; 100 1 Monthly average, 1926=100 1929: December 1930: December - . 1931: January __ February March April „. May .June July August.September October .. November December . _. Monthly average, January through December: 1929 1930 1931 1 Department of Labor. 93.3 101. 9 79.6 75.2 98.7 82.4 107.3 91.4 87.8 73.7 83.1 74.0 98.5 87.9 94.4 84.8 93.5 85.6 78.2 76.8 76.0 74.8 73.2 72.1 72.0 72.1 71.2 70.3 70.2 68.6 73.1 70.1 70.6 70.1 67.1 65.4 64.9 63.5 60.5 58.8 58.7 55.7 80.7 78.0 77.6 76.3 73.8 73.3 74.0 74.6 73.7 73.3 71.0 69.1 88.7 86.9 87.6 87.0 87.6 88.0 89.4 88.7 85.0 82.5 81.6 79.8 71.3 70.9 70.0 68.2 67.4 66.6 66.5 65.5 64.5 63.0 62.2 60.8 73.3 72.5 68.3 65.4 65.3 62.9 62.9 66.5 67.4 67.8 69.4 68.3 86.9 86.5 86.4 85.7 85.0 84.4 84.3 83.9 83.9 82.8 82.6 82.2 83.8 82.5 82.5 81.5 80.0 79.3 78.1 77. 6 77.0 76.1 76.2 75.7 84.5 83.3 82.9 81.3 80.5 79.4 78.9 76.9 76.3 75.6 76.1 76.1 95.3 86.4 7M 104.9 88.3 64.8 99.9 90.5 74.6 109.1 100.0 86.1 90.4 80.3 66.3 83.0 78.5 67.5 100.5 92.1 84.5 95.4 89.9 79.3 3 Department Agriculture. 94.7 88.8 82.2 73.5 95.0 74.2 88.3 88.1 88.0 87.9 86.8 86.4 85.7 84.9 82.7 81.0 80.9 78.5 72.2 71.5 72.0 71.5 70.5 69.7 69.7 68.3 68.2 66.6 68.7 66.8 72.9 70.6 69.4 68. 3 66.5 64.7 64.3 64.1 62.7 61.5 62. 0 60.2 94.2 i 94.3 89.1 I 92.7 79.3 84.9 82.6 77.7 69,8 i i ! i ! i 1 ! ' | 94.3 74.3 93.9 81.9 158 137 100.1 92.6 ! 135 97 73.4 72.3 72.2 71. 1 68.9 68.5 ! 69.5 68.3 66.3 64.7 i 64. 4 1 62. 2 j 97.5 ! 96.5 84.3 i 82.2 65.6 68.4 80.5 79.3 78.4 77.1 75.1 74.0 74.0 74.6 74.0 73.7 73.2 71.0 133 127 126 124 121 118 119 120 119 119 117 114 91.1 89.6 89.1 88.2 86.9 85.9 85.9 85.9 85.6 84.9 83.9 83.1 ! 94 90 91 91 86 80 79 75 72 68 71 66 96.2 88.4 75.4 157 147 121 100.0 96.2 i 86.7 ! 138 117 80 ! | i ! ! ! National Industrial Conference Board. ! i ! 8 SURVEY OF CURRENT BUSINESS February. 1932 Employment PNECEMBER witnessed a slight increase in the vol*-^J ume of general employment. Employment in the factories declined by less than the normal amount, so that the seasonally adjusted index of the Federal Reserve Board rose 0.1 per cent. This is the first increase in factory employment, after seasonal adjustments, reported since April. The average monthly index of factory employment for 1931, as a whole, was 15 per cent under 1930 and 26 per cent under 1929. While the actual number of factory employees declined 1.2 per cent during December, the unadjusted volume of wage payments to factory workers declined only 0.7 per cent. The volume of monthly factory pay rolls during 1931, as a whole, averaged 25 per cent under 1930, and 39 per cent under 1929. The greatest decline in number of employees during December was reported in the cigar and cigarette industry, labor disturbances in one section of the country causing a pronounced decrease in number of workers in this industry. Automobile manufacturing reported the largest gain in employment, 23 per cent after adjustments are made for seasonal variation. Other increases were reported by the iron and steel group with a gain of 0.2 per cent, food products 0.5 per cent, leather products 7.4 per cent, and petroleum 0.1 per cent. Decreases were registered by the textiles group, paper and printing, lumber, nonferrous metals, chemicals group, rubber products, tobacco, and the cement, clay, and glass group. Employment in the machinery industry during December was the same as during November. The East and West North Central geographic sections reported both increased number of factory employees and pay-roll totals, and the New England division reported a small gain in pay-roll totals coupled with a decline in employment. The remaining six divisions reported decreases in both items over the month interval. An average of 87 per cent full-time operations was registered by the 12,119 reporting establishments, this percentage remaining unchanged from November to December. A seasonal increase in both employment and payrolls was registered by the retail trade group, but both items were under December, 1930. Employment in bituminous coal mining increased slightly during December, but the anthracite mining and power, light, and water groups both reported decreases in both employment and pay rolls. Pay rolls increased 3.2 per cent in the telephone and telegraph group, but employment was slightly under November. The proportion of trade-union members employed dropped to a new low for the depression, 70 per cent. This was 3 per cent under November and 7 per cent under December last year. STATISTICS OF EMPLOYMENT, PAY ROLLS AND WAGES i Year and month Monthly average, 1923-1925=100 Employment l 95.2 78.8 99.1 73.7 101.3 92.5 108.2 77. 7 107. 1 99.1 100. 0 : 102.5 103.2 78.3 77.8 77.9 78.0 77.8 76. 0 75 1 74.1 72.8 70.3 69.3 69.4 76.4 77.3 78.1 77.9 77.1 75.0 73.8 74.2 74.7 71.4 68.7 67.9 68.4 73.2 74.9 73.6 72.1 67.6 64.4 64.3 61.8 59.4 56.2 93.9 91.5 88.8 85.9 82.4 78.4 76. 4 77.0 80.4 81.3 81.1 81.2 73.3 68.3 65.2 58.6 54.4 52, 4 50.4 50.6 53.6 56. 2 54.6 52.3 90. 6 89. 5 82.0 85. 2 80.3 76.1 65. 1 67. 3 80.0 86. 8 83. 8 80.1 89.3 ! 101.9 i 71.3 i 75.2 76. 1 : 66.7 | 53.7 ! 56.4 i 64.9 91.1 79.9 78.8 99 2 97.8 96.7 97.1 97.6 97.2 96. 7 95.9 94.7 92.7 91.3 90.3 101. 1 87.8 74.4 107.7 87. 5 66.0 100.0 93.4 83.2 100.0 81.3 57.5 100.0 93.4 80.6 100. 0 95.3 75.4 100.0 103.0 95.6 ! | ' ' ' 55.8 ; j . p _ ; Em- & SSi . R f „ traae Kctalt *-a<|ft JEm- p P10^ ment rous roHs Employineiit agencies, appliFay cants per rolls 100 jobs Number MOBthly average, 1929=100 96.9 80.1 Adjusted for seasonal variation. Power, light, Telephone and water and telegraph 36 SSi 1 1929: December . ... 1930: December 1931: January February _ _ _ _ March April May _ June — July August September .. __ _ . October November December Monthly average, January through December: 1929 . _ .. 1930 1931 I Factory emBituminous Anthracite ployment F.B.B.; cost! mining j mining F. B, li. factory pay rolls, EmAd« Unad- unad- ploy- »_ v : Em- Pay justed 1 justed ijusted ment roll* : ; : 137.2 105.8 1 106.3 ;! 98.6 99.7 102.4 97.6 98.7 98.3 97.4 96.2 94.3 93.2 93.3 91.2 101.8 91.6 90.5 89.2 1 88.6 ! 88.1 .' 87.4 ' SO. 9 ii 86.6 :| 85.9 ,1 85.0 !j 84. 1 ! 83.5 i; 83.1 ii : j 300.1 ! 100. 1 104.3 ! 97.9 96.7 i 86.6 126.2 115.1 98.3 ]:| 90.0 94. 8 \ 87. 1 97.9 : i 87.8 95.0 : 90.1 94. 1 89. 9 95. 0 89. 1 93.3 • : 83.9 92.3 • ! 81.8 92. 1 86. 6 91.6 i 89.8 89.7 i| 90.9 92.7 i i 106.2 ii 89.4 86.7 87.5 88.3 88.0 87.6 83.3 80.3 83.5 84.6 85.4 94.1 Per cent p fltlfq -^-.jpSSSr 166 218 120.6 97.7 103.9 i i 101.3 j j •sari <sn -3? s& *•«• Tcsr ! | i I 1 ! I j 84. 0 77. 0 40 37 224 202 179 177 181 205 209 217 196 221 214 73.0 73.0 74.0 75.0 75.0 75.0 74.0 74.0 74.0 74.0 73.0 70.0 36 36 37 35 37 37 36 36 34 35 34 33 137 190 88.1 78.8 73.7 39 39 38 :j 100.0 ! 102.9 i j 83.7 100.0 95.9 89.4 100.0 96.2 I 88.6 ii SURVEY OF CURRENT BUSINESS February, 1932 Finance banking and credit situation was feaTHE general investments. byThis tendency has been tured during December further liquidation of bank loans and somewhat less marked during the first half of January, due in part apparently to the evidence that the proposed Reconstruction Finance Corporation will be functioning at an early date. Another favorable factor is found in the relatively small increase in money in circulation during December. Loans on securities as well as "all other" loans of reporting member banks gradually moved to lower levels during December and the first half of January. During the same period Federal reserve credit has been further liquidated and money rates after a seasonal period of firmness eased up somewhat after the turn of the year. Since the panicky period of October gold has been flowing into the country. Bank debits outside of New York moved very erratically during the period under review, but tended upward owing to the preholiday increase in business activity. Statistics on security and money-market activity, which are not included in this month's tables, show a marked drop in stock prices during December, a decline which was halted early in January. Bond prices, after several weeks of acute weakness, became firmer at the close of the year and in general have remained so. Stock prices in the Paris and London markets showed similar weakness during December, while the Berlin Exchange remained closed. New capital issues continued on a low level during December, but were somewhat higher than in November. Call money rates firmed somewhat, but eased after the end of the year. Brokers' loans were further liquidated and are now only slightly in excess of a half billion dollars. Much of the interest in the financial markets since the turn of the year has centered in the heavy withdrawals of gold held here in earmark and in the lessthan-seasonal retirement of currency put into circulation to meet holiday needs. Federal reserve bank credit has declined steadily throughout January but at a relatively low rate, owing to the low rate of circulation retirement. Coincident with gold withdrawals, the bills held by the Federal reserve banks for the account of foreign purchases showed some increase, particularly during the second week of the month. Inasmuch as these purchases are often paid for out of foreign bank deposits held with the reserve banks, the trend in bills so held probably explains in large part the decline in these deposits during January. The continuation during January of the decline in brokers' loans has brought the total outstanding to the lowest levels since the early part of 1918. Loans made for the account of nonmember banks have fallen to the smallest total ever reached by this group of security loans. CREDIT AND BANKING STATISTICS Bank debits | Reporting member! banks Wednesday i closest to end of j i Year and month New York City Outside New York City Loans Canada ^ Investments Net Total gold bankimDePostal ers' ac- ports inI ceptMoney posits savings, . New balance in ances cluding 'flV>lf gold circu- \ outTotal Total Total Total MemState credit ber bills rebills bought United reserve bank stand- leased lation savings of deing disStates bank banks positors end of count- in the securi- credit reserve month from open aceared ties market mark count i Condition of Federal reserve banks end of month Thousands of dollars MILLIONS OF DOLLARS 1929: December. _ 1930: December. _ 1931: January February March . . April May June July August September... October November... December _ . 1,582 1,373 2,355 2,471 1,732 1,556 -86.4 17.5 4,943 4,823 4,392 4,792 610 599 599 980 925 990 668 678 728 742 727 717 817 1,520 1,520 1,467 1,422 1,413 1,368 1,228 1,090 46.3 18.6 28.6 42.0 53.6 1,255 1,578 2,184 1,931 1,853 2,398 2,343 2,428 2,371 2,389 2,381 2,367 2,373 2,364 2,167 2,051 1,961 4,695 4,598 4,590 4,647 4,679 4,750 4,836 4,947 5,133 5,478 5,518 5,611 4,888 278, 353 4,928 292, 059 5,018 302, 658 5,059 313, 775 5,083 325, 028 5,156 347, 417 5,149 372, 457 5,173 422, 699 5,231 460, 915 5,217 ! 527,130 5,213 i 555,560 5,255 595,634 39, 850 29, 001 26, 902 23, 107 3,805 3,012 i 8,304 7, 814 9,344 i 8,449 5,514 ! 6,693 i 632 251 392 511 729 i 24, 557 20, 948 21, 697 17, 084 19, 421 19, 620 18, 858 19, 406 18, 444 16, 526 16, 627 18, 125 14, 605 17, 112 2,668 2,535 2,570 2,786 3,172 2,694 2,400 2,244 2,451 2,587 2,842 7, 379 7, 313 7, 256 7, 052 6, 867 6, 746 6, 544 6, 519 6, 346 5, 897 5, 807 5, 777 8,374 8,151 8,126 7, 941 7,863 7,945 7,942 7,879 7,845 7,624 7,543 7,327 6,843 7,183 7,551 7,903 7,807 7,795 7,810 7,665 7,916 7,700 7,506 7,428 | i 1 1 232 198 250 157 125 109 124 163 125 106 73 215 469 681 452 27, 589 26, 821 25, 072 25, 893 21, 007 17, 501 20, 073 20, 678 14, 464 19,233 96697—32 i i i 1 1 ! i1 : i 174 149 195 255 328 728 718 633 i 364 339 598 598 937 917 943 976 996 1,040 1,002 156. 1 -10.2 41.5 -258. 5 -445. 3 211.4 104.0 164, 276 245, 379 10 SURVEY OF CURRENT BUSINESS February, 1932 Domestic Trade trade RETAILalthough increased substantially in December, the expansion fell somewhat short but the adjusted index was close to the average for the past four months. Merchandise 1. c. 1. loadings were also down by the normal seasonal amount, and the adjusted index remained unchanged for the third successive month. December 1. c. 1. loadings were 10 per cent lower than a year ago, or about the same as the percentage decline as for the full year. Postal receipts were up seasonally; the December gain over the preceding month amounted to 38 per cent, compared with an increase of 36 per cent in the corresponding period of 1930. Average monthly receipts for 1931 were 9.3 per cent less than for the preceding year. Commercial failures are usually higher in December than in any other month except January, but the increase of 26 per cent in December over the November total was exceptionally large. The number of failures last month, as well as the liabilities involved, was the largest since January, and while the former were also greater than in December, 1930, liabilities involved were below that month. For the year 1931, business failures totaling 28,285 against 26,355 in 1930, were considerably more numerous than in any preceding year. Liabilities involved also reached the record figure of $736,309,000, compared with $668,284,000 in 1930. The 1931 increase was largely the result of the greater number of failures in the trading group, which comprised 70 per cent of the total. of seasonal expectations. Department store sales were much larger than in November, but after adjustment for the number of business days and seasonal changes, the index declined. Sales through these outlets were 14 per cent less in dollar volume in December than a year ago, and for the full year 1931 were only 11 per cent less than in the preceding year despite the decline in the price level. Chain-store and mail-order-house December sales were 9.3 per cent lower in value than in the same month of 1930, a somewhat larger relative decline than for the full year, which amounted to only 5.7 per cent. Allowing for lower unit values, it is evident that the volume of sales of such organizations exceeded those of the preceding year. Excluding the mail-order houses, 38 chain-store companies reported a decline of 7.3 per cent in the value of December sales, compared with the preceding December and of only 3.8 per cent for the entire year in comparison with 1930. Advertising expenditures, excepting for radio broadcasting facilities, were reduced in December and the lineage in both newspapers and magazines was below the total for December, 1930, as well as the average for the year 1931. Distribution of merchandise by the railroads during December underwent the usual seasonal contraction; DOMESTIC TRADE STATISTICS Department store sales Tear and month Unad- Adjust- justed i ed » Freight car Five-and-ten-j loadings, mer- cent-store chandise, I.e. 1. sales Department store stocks Unad- Adjust- justed* ed « Unad-i Adjust- justed | ed* ! Mail! order sales, 2 Unad- Ad1 houses just- just- i ed ed» 1 191 165 108 94 94 85 100 91 79 80 92 101 97 90 65 67 97 1 98 97 106 97 ! 95 91 88 84 86 83 81 78 81 87 85 85 80 75 76 84 88 89 73 88 86 84 83 83 82 81 79 81 80 79 78 93 97 142 111 .... 102 91 Corrected to average daily sales. 100 94 82 ! 96 86 83 87 89 91 92 89 : 87 86 88 87 85 77 105 97 87 Commercial failures Advertising lineage Money order value, Fail- Liabil- Maga- News- paid ures ities zine paper MilNum- Thou- Thou- lions of sands sands ber of dolls. of lines lines Thousands of dollars Monthly average, 1923-1925=100 1929* December 1930* December .- - _ 1931: January February M^arch April May . . June _ July August September. October November December Monthly average, January through December: 1929 1930 1931 Postal receipts, 50 selected cities Thousands of dolls. 103 i 92 j 308 300 165 154 90. 019 72, 486 40, 785 i 38,572 2,037 67, 465 2,525 83, 683 2,856 2,230 100 82 90 89 89 88 89 89 88 86 ; 85 83 83 83 125 127 144 160 156 148 140 143 142 169 148 279 162 163 159 168 168 162 149 160 156 152 147 Hi 41, 459 39, 422 43, 008 52, 078 50, 070 49,480 45, 093 43, 004 45, 955 52, 280 45, 898 29, 172 ! 26,405 ! 30,178 i 29,257 27,844 i 26,442 | 24,578 ! 23,389 i 26,335 ! 28, 618 ; 25, 355 U, 966 3,316 94, 608 2,563 59, 608 2,604 60, 387 2,386 50, 868 2,248 53, 371 1,993 51, 656 1,983 60, 998 1,944 53, 025 1,936 47, 256 2,362 70, 680 2,195 60, 660 2,758 73, 213 1,585 1,992 2,203 2,421 2,375 2,191 1,613 1,316 1,603 1,911 1,882 1,626 76 72 90 89 88 80 67 67 77 88 32,349 I 30,561 ' 27,712 : 1,909 40, 271 2,196 55, 690 2,357 60, 776 2,722 2,435 1,893 102 88 i 79 164 160 157 «Adjusted for seasonal variation. 61,249 55, 225 1 End of month figures. 101, 453 91,923 i ' i i i ; 82 ; 78, 273 70, 935 81, 747 90,646 81, 956 79, 311 76, 365 71, 622 74, 679 81,318 77 90,963 84,576 11 SURVEY OF CUERENT BUSINESS February, 1932 Transportation of during DecemDISTRIBUTION by commodities daily freight-car ber, as reflected the average The number of idle freight cars reached the low for 1931 at the close of October, when 535,000 surplus cars were reported. November and December witnessed material increases in the number of idle cars, the December surplus totaling 751,000 cars, 6 per cent above the December, 1930, total, and the largest surplus registered since this series was started in 1917. The average monthly number of freight cars idle during 1931 was 32 per cent over 1930, and 162 per cent over 1929. Payments of dividends by steam railways during the year just closed totaled $449,350,000 compared with $510,300,000 in 1930 and $468,400,000 in 1929. The 1931 dividend payments, however, exceeded any year previous to 1929. The closing month of the year witnessed the usual seasonal drop in traffic passing through the Sault Ste. Marie Canal. Government-owned barges operating on the Mississippi River, however, reported the largest volume of traffic carried during the year, and 54 per cent over the December, 1930, traffic. Traffic through the Cape Cod Canal also exceeded the November volume, but was slightly under the December, 1930, loadings, decreased from November by a greater amount than would normally be expected at this season of the year. The Federal Reserve Board's adjusted index of total cars loaded decreased from 68 in November to 67 in December, the lowest figure registered since this series was started in 1919. Loadings in December were 20 per cent under December, 1930, and 34 per cent under 1929. For the year 1931, as a whole, the average monthly car loadings were 19 per cent under 1930 and 29 per cent under 1929. The movement of freight in less-than-carload lots during December was of about the same proportions as during November after adjustments are made for the number of business days and seasonal variation. Merchandise loadings during December, however, were about 10 per cent under December, 1930, and 19 per cent under 1929. The average monthly merchandise movements by the railroads during 1931, as a whole, was about 10 under 1930 and 17 per cent under 1929. All commodity groups witnessed a material decrease in average monthly freight-car loadings during 1931, as compared with 1930 and 1929. figure. River Sault New r-anp Ste. York VvSi Marie State | Cod Mississippi (Govt. owned barges) Monthly average, 1923-1925=100 ; Thous. of dollars Thousands of cars * Thous. of Thous. of long tons net tons Thousands of short tons ~ " 1929: December 1930: December - _ 1931: January February March April May June July August _. September October November December. _. Monthly average, January through December: 1929 1930 _ 1931 1 0 ; 0 ! 3,338 2,782 908 819 160 142 102 94 804 638 182 121 33 22 3,150 945 447 707 38, 600 39, 000 481 312 78 76 78 78 70 61 3,491 2,836 2,940 2,986 3,736 2,992 2,931 3,747 2,908 3,813 2,620 3,273 997 842 886 899 1,097 876 830 1,069 841 1,081 806 743 196 165 153 151 180 140 220 228 149 193 145 112 124 88 79 85 106 75 71 106 96 145 104 87 817 584 555 486 611 465 452 617 516 755 507 494 156 138 138 130 165 125 106 138 104 123 87 71 26 22 23 29 80 119 139 175 121 102 25 15 1, 175 997 1,105 1,206 1,496 1,192 1,113 1,413 1,081 1,415 946 753 647 651 622 603 616 599 564 574 564 535 659 751 55, 600 44, 900 45, 500 38, 100 32, 500 34, 000 41, 500 33, 500 26, 500 36, 000 32, 450 28, 800 0 0 0 922 4,335 6,645 7,611 8,385 7,126 6,248 3,049 293 0 0 0 349 457 385 506 425 587 505 510 106 92 75 4,402 3,823 3,106 1,100 1,017 914 200 189 169 118 107 97 811 701 572 271 197 124 190 138 ,3 1, 712 1,473 1,158 235 467 615 39, 033 42, 525 37, 446 8,302 6,075 3,718 240 j 301 1 i 102 84 89 74 82 80 80 80 79 77 76 72 69 69 68 67 74 74 75 77 79 * Daily average basis. Ocean traffic clearances, American ports Canals Panama Canal traffic, American vessels, both directions Dividend payments, steam railways . " " Miscellaneous Q Ore ' 1 Canal and river traffic ~ 0) ! "3 Forest products (>) s i Livestock Ad- Unadjusted Justed Grain and products Year and month I.C.I. F. R. B. index Merchandise, Freight-car loadings Freight-car surplus ! RAIL AND WATER TRAFFIC 1 ! I I ! ! ! ! | i 190 225 73 108 " ' 1,219 953 2,078 1,991 234 166 163 203 217 203 211 186 198 221 210 222 76 70 83 82 100 86 104 104 107 105 86 166 958 864 910 929 937 828 820 859 884 930 676 774 1, 843 1,695 1,773 2,092 2,525 2,241 2,742 2, 734 2,478 2,420 2,296 1,729 180 208 203 108 96 07 1,237 1,100 862 2,659 2,662 2,2U Data for January, May, August, and October are for 5 weeks; other months, 4 weeks. 12 SURVEY OF CURRENT BUSINESS February, 1932 Construction during December for CONTRACTS allawardeddeclined in both volume construction of types and value to exceedingly low levels and activity in the industries supplying materials for building purposes was further curtailed. Building material prices for frame and brick houses were reduced and the index of construction costs again declined. The value of contracts awarded for all types of construction amounted to $137,000,000, compared with $249,000,000 in December, 1930, and an average of $458,546,000 in December of the five years, 1925 to 1929. All contracts awarded in 1931 were valued at $3,093,000,000, which was 32 per cent less than in 1930 and 50 per cent below the 5-year average. Value of residential construction has been smaller in each month with the exception of one since March, 1931, and for the year just ended accounted for only 26 per cent of the value of all contracts awarded as compared with an average of 43 per cent in the years 1925 to 1927. The value of contracts awarded for public works and utilities was slightly larger in December. In 1931 this class of construction contributed 38 per cent to the total value of all contracts awarded as compared with only 20 per cent in the years 1925 to 1927. Shipments of maple and oak flooring and the production of cement, which have been declining continuously since early summer, were respectively 22, 7, and 27 per cent smaller than in November. New orders for fabricated steel increased 14 per cent. For the year as a whole shipments of maple and oak flooring were, respectively, 18 and 14 per cent smaller than in 1930 and 48 and 42 per cent smaller than in 1929. Total production of cement fell 27 per cent below the November level and for the year averaged 27 per cent less than in 1929. Building material prices of frame and brick houses, which had declined continuously during the first three quarters of the year, became firmer in October and November but showed further weakness in December. The index of construction cost compiled by the Engineering News Record showed a larger percentage decline from November to December (2 per cent) than in any other month of the vear. BUILDING MATERIALS, CONSTRUCTION, AND REAL Fabri- > Maple 1 Oak i Cc- cated floor- i floor- m en t strnc- , i tiiral ing ing steel | Frame Brick Residential Public works housebouse building and utilities F. n. if. Year and month Index (3;. nion tns ; moving AH types of average j i construction of values \ unadjusted) i Shipments ; i ,i '• Production Long-term real-estate bonds Construction cost, Eng. NcwsEec. New ' orders • Monthly i| Mil,nl Mil- ; Mj , Thou- Milaverage j i lions of Tir::i nff lions of HrJ"" f sands of lions of 1923- i ! square ™ f ° square ; f^°! square dollars 1925=100;: feet <iollar3 j feet ; doilars ' feet 1929: December. 1930: December 1931: January February March.. April May June.. _ July August September. October.. November December „ Monthly average, January through December: 1929 1930 1931 Building material prices Building materials Building contracts awarded ESTATE 34 59 44.0 29.1 310 ; 249 : 17.8 ' 114. 1 ' 14.7 ; 70.9 : 58 68 77 82 78 74 68 63 ]i i 59 52 i 43 ! 31 24.6 28.3 38. 0 39.4 38.9 33. 7 33.8 30. 6 30.1 , 30.7 20.5 . 17.2 228 235 370 337 306 316 286 233 251 242 151 137 ; : i 1 i j ! j i ! i | 12. 2 i 54.4 i 393 16. 6 i 77.9 ! 246 22. 1 i 100. 9 1 522 22.6 i 95.9 ; 785 21. 9 i 88.9 ! 387 16. 9 72. 7 | 2, 367 15.9 63.9 i 1,233 14. 1 ; 60. 2 1 737 13.0 54.6 •; 353 15. 2 ! 60.5 l 171 11.0 45.3 271 8.8 ; 36. 2 i 280 117 1. 92 !. 63 | 65.9 42.5 30.5 479 i 377 i 258 32.3 159.6 i 946 19. 2 1 91.8 i 1,192 15.9 j 67.6 645 860 697 ThouThousands of Thou- sands of ,j First of month, monthfeet, board sands of short ly average 1913=100 barrels tons measure Realestate market acTo fitivitynance deeds record- I Total new coned struction Monthly average 1926= 100 Thousands of dollars 177 168 181 174 209.5 196.9 75.2 68.9 8,100 29,877 4,530 530 95.2 i 2, 351 18, 365 6, 595 78.6 ! 2,676 21,713 5, 920 8, 245 3,017 26, 243 151.7 133.0 3, 226 28, 155 11,245 108. 9 3, 315 27, 745 14, 010 140. 3 3,778 23, 131 14,118 3,447 25, 691 13,899 116.3 3,397 21,464 13, 549 73.0 85.1 3, 144 19, 486 12, 092 82.5 2,703 18, 203 10, 762 47.4 8,161 2,481 13. 907 5,998 50.3 1,928 12,976 298 1 153 I | 162 i 158 184 293 153 177 159 124 197 110 ' 87 99 163 165 163 157 160 158 155 156 154 156 158 156 170 171 170 167 167 166 164 163 161 162 163 161 194.5 196.6 194.5 191.6 189.3 187.4 174.4 171.4 171.4 169.8 169.3 166.2 66.0 i 4,520 3,590 66.7 2, 015 61.7 62.0 • 7,235 9,485 61.3 58.4 3,425 775 61.1 2, 100 59.8 60.5 : 66,785 9,125 63.2 2, 619 3, 185 2,850 1,500 1,000 1,700 0 1,000 600 565 395 500 725 0 5,734 37, 058 121.6 137. 6 1 3, 600 24, 985 98.0 2,955 21,423 300 224 : 159 177 173 158 182 177 165 207.0 202.9 181.4 83.9 70.6 27. 823 14,255 9,572 11,151 4, 680 903 65.3 i 2,715 23, 137 78.6 ' 1,811 17, 152 11,215 8,480 14, 183 13, 409 10,383 13 SURVEY OF CURRENT BUSINESS February, 1932 Agriculture estimates of cotton crops the principal RECENT producing nations indicate inthat the 1931foreign ber and the early part of January with prices at Boston remaining firm. Australian prices were slightly lower during December, but showed a strengthening tone in the opening sales of the new year. Shipments of potatoes were extremely light during November and December. The combined carload movement for the two months totaled 27,000 cars compared with 32,000 cars a year ago. Some of the loss, however, was absorbed by increased movement by truck. In the early part of December potato prices continued at the level of the preceding two months, but in the last week of the month and the first week in January there were some moderate advances. The sale of internal-revenue stamps indicates a continued decrease in total domestic tobacco consumption. Records of sales from July to November show an altered consumption of the different products. Manufactured tobacco for chewing and smoking increased 3 per cent, while cigars and cigarettes declined 12 per cent and 9 per cent, respectively. There was also a decided shift from high-priced cigars to lowpriced cigars and cheaper smoking products generally. Exports of tobacco continue to reflect a decrease in foreign consumption. Unusually large shipments of flue-cured tobacco to China raised the November export volume of this product slightly above the October total. 32 season will run approximately 1,000,000 bales behind 1930-31. A loss of 1,600,000 bales is anticipated for India, China, and Egypt, partly offset by an increase of 600,000 bales in Russia, Brazil, and Mexico. It is estimated that production in the United States will exceed last season's by 3,000,000 bales. Domestic cotton consumption in December was approximately 10,000 bales greater than in December, 1930, despite a loss of 13,000 bales as compared to November, 1931. Each month since June, 1931, domestic mills have consumed more cotton than in the corresponding month in 1930. The total consumption for the first five months of the season, including December, amounted to 2,196,000 bales. In the same period a year ago the consumption was 2,010,000 bales, indicating a gain for the current season of 9.3 per cent. During 1931 there was an increase of 4 per cent in the combined wool clip of the 10 countries producing four-fifths of the world total. The greatest gains were made in the United States, Australia, and the Union of South Africa. Stocks of wool were moderately heavy in the Southern Hemisphere countries at the beginning of the present season, and these have been augmented in the past few months. The domestic wool market was seasonally inactive during Decem- INDEXES OF AGRICULTURAL MARKETING AND STOCKS Indexes of marketing Year and month ii ^oinf*AWn | bined index Woo! -m » "££ stocl£ Indexes of stocks, end of mouth Crops Animal products Poultry Dairy and eggs products Combined index Fish 1 ! ! vo«rn Grains i *Vs:£ Fruits f>dwes ! i ! ! Cotton '• Wheat, ! visible Meats, Cotton, supply, coldUnited United storage States States ; Monthly average, 1923-1925=100 1929: December 1930: December 1931: January _ February. _ March April . . !i May June i Julv August September October November _ December. Monthly average, Jan- • uary through December: 1999 1930 i 1931 . ...i 101.8 98.9 i 123. 9 105. 8 l 90.1 ! 79. 8 | 96.4 91. 3 102. 9 113.1 130. 9 156.6 123.6 96.3 90.5 92.6 94. 9 106.2 103.4 116.2 169. 4 174.3 138.5 144.5 161.2 189.3 160. 1 140. 5 117.2 78.5 ! 74. 3 66.8 64.4 53.1 62.0 55.2 103. 0 83.9 119. 3 219. 2 158. 8 98.5 81.0 ! 84. 6 | 80.0 63.9 1 69.0 ! 68. 6 ! 182.9 j 130. O f 79.8 1 84.0 i 66. 9 ! 44.7 j 98.0 91. 1 104.3 93.3 135.6 165.8 103.4 64. 1 103.2 131.9 79. 1 70.5 106.1 102.8 107.9 175. 1 : 181.1 ; 141.1 i 110. 5 100. 8 88. 5 102.8 i 93.9 ! 86.3 ! 116.8 111.6 103.4 93.0 97.8 70.4 57.1 89.7 93.9 137.4 137.8 84.1 92.7 94. 7 85.5 94. 0 101.2 106.7 318.0 105. 2 94.3 91.5 98. 6 07. 5 101.6 25.3 50.8 61.9 78.2 197.1 405.4 573.2 259.6 125.1 49.5 46.5 40.3 96.2 79.8 79.6 82.6 80.2 77.9 72.6 82.5 88.3 104. 2 96.2 95.9 95. 0 94.0 121.8 137. 0 125.6 115.6 88.6 88.0 88.4 75.4 117.2 129.8 99 2 98.4 98.9 129. 4 154.6 159.4 88. 3 86. 7 86.3 105.5 105. 4 106.4 i i : : i; i 77.3 79. 4 183.0 ; ! 144.9 ! 310.5 333.3 94.1 76.9 206.4 266.8 70.2 68.1 75.1 70.6 102.2 88.8 139.3 154.6 129.2 191.1 96.8 02.9 64.0 i 45.1 ;; 38.6 : 29.8 i 28.3 ! 9.1 22.6 • ! 29.2 : 152.1 :.! 366.7 i 274.9 :! 162.1 ! 335.8 343.7 352.7 339.8 336.4 324.7 370.4 413.5 407.7 393.4 391.9 375.5 100.1 114.0 111.8 114.8 110.8 105.8 98.7 83.3 66.6 52.8 54.6 76.3 254. 2 235.8 216.4 196. 9 179.5 162.3 146.8 140.1 188.1 281.0 322.8 320.7 107.8 99.5 104.1 116.5 ; 104.7 ' 101.8 255.5 287.0 363.5 111.4 89 0 90.8 126.6 173.1 220. 4 53.1 • 67.1 ! 14 SURVEY OF CURRENT BUSINESS February, 1932 Iron and Steel Industry ECEMBER, with a new Dfor the depression, closed a low production record year of drastically curtailed operations in the iron and steel industry. After the slight gain in November, production again declined and for the year averaged 37 per cent below 1930 and 55 per cent below 1929. Activity in the industry expanded in January, following the year-end curtailment, but so far the gain has been slight with buying continuing on a restricted scale. Employment in iron and steel manufacturing in December declined by less than the usual amount. Pig-iron production dropped below 1,000,000 tons in December, and the daily output of 31,625 tons was the lowest since the summer of 1921. Monthly output has declined without interruption since April, and last month was 11 per cent below the preceding month and 41 per cent below the same month of 1930, the latter being about the same as the decline for the 12 months. Furnaces in blast at the end of the year numbered only 56, a net loss of 11 for December, and 13 fewer than the minimum of the 1921 depression. Steel-ingot production declined 21 per cent below November, on a daily average basis. Operations during the month were at the rate of 24 per cent of capacity, as against 38 per cent in December, 1930. No pronounced gain has occxirred so far in January with the operating rate for the first three weeks the same as in December. Total production for the year 1931 was about 36 per cent lower than in 1930. Notwithstanding the low operating rate in December, the unfilled orders of the United States Steel Corporation declined 199,000 tons, the ninth successive monthly reduction. While part of the decrease was probably due to year-end adjustments, it is in contrast to the usual gain for the month. For the second successive year building and other construction took first rank as the leading steel consumer with 18.5 per cent of the total, according to the Iron Age. The automotive industry consumed 16 per cent; the railroads, 13.5 per cent; containers, 9 per cent; and the agricultural industry and exports, about 4 per cent each. Exports of iron and steel again dropped in December, following the slight gain in the preceding month, and for the year were less than half as large in value as in 1930. Imports were also lower for the month, but for the year, as a whole, they were only 20 per cent below the 1930 imports. Prices continued to recede in December, and the composite iron and steel price was 15 per cent below the level of two years ago. IRON AND STEEL STATISTICS Fabricated i Steel ingots structural General operations steel steel United States Steel PieBate of iron Corporation, opera- Empro- ! Per !i due- i Pro- cent F. R. B. tions, ploy- Pay unfilled Index electric ment rolls Ex- Im- tion duc- of ca- New Ship- orders or- ments end of energy ad- unad- ports ports i (adtion pac- ders month justed) * con- justed^ justed ity sumption j i Year and month Monthly average, 1929: December... 1930: December... 1931: January February March April May I June July August September October . ._. November December... Monthlyaverage, January through December: 1929 1930 f qqi Thousands of long tons Prices i! Manga imports Steel (Manga- billets, Iron and nese Bessesteel content) mer compos(Pittsite burgh) Per ! Thousands ! Thousands of long of short cent tons tons | Structural steel beams Composite finished steel Dolls, per 100 pounds Dolls, per long ton 90 59 120. 5 110.2 93.6 79.1 93.5 66. 7 215 102 40 24 2, 837 1,666 2,903 1,980 59 38 298 153 246 ! 168 i 4,417 3, 944 15 29 34.60 30.60 35.95 31.76 1.90 1.60 2.50 2.19 64 73 78 75 77.5 75.9 76.6 76.5 74.8 72.6 72.1 70.3 67.4 66.2 65.3 65.4 62. 4 67.5 70.0 69. 1 64. 9 57.6 52.4 50.6 45.2 43.9 41.2 41.0 93 91 110 101 91 76 84 73 70 59 60 57 34 22 33 41 30 31 28 22 25 23 23 18 1,714 1,707 2,032 2,020 1,994 1.639 1. 463 1,281 1,169 1,173 1,103 980 2,459 2,502 2,994 2,722 2,505 2,076 1,886 1,719 ,548 ,592 ,594 1,302 43 49 54 49 45 38 34 31 28 28 30 24 162 158 184 293 153 177 159 124 197 130 87 99 172 151 158 148 162 182 169 150 146 112 121 4,132 3,965 3,995 3,898 3,620 3,479 3,405 3,169 3,145 3,119 2,934 2,735 17 10 2 33 21 37 38 22 27 21 9 8 30.00 30. 00 30.00 30. 00 29.50 29.00 29.00 29.00 29.00 29.00 29.00 28.80 31.70 31.65 31.66 31.61 31. 39 31. 02 31. 05 31.05 31.03 30.81 30. 61 30.32 1.63 1.65 1. 65 2. 23 59 51 46 43 46 38 103.4 116.5 119. 4 108.1 106.8 86.6 83.1 78.0 78.3 76.3 77.0 70.0 130 94 59 119.4 123.9 92.0 98.9 87.1 71.7 106.0 84.4 55.4 253 165 80 47 35 28 3,524 2,617 1,523 4,526 3,274 2,075 89 63 38 300 224 159 276 249 153 4,161 3,999 3,466 27 23 20 34.66 31.84 29.36 36.49 i 33.56 31.16 72 64 * Adjusted for seasonal variation* 1923-1925= 100 I 166 ! ! i • ; 1. 65 1. 65 1. 65 1. 65 1.60 1.60 1.60 1. 60 1.60 1.92 1. 71 1. 63 2.22 2.22 2. 22 2. 21 2. 19 2. 20 2.19 2.20 2.18 2. 18 2.16 2.54 2. 33 2. 20 15 SURVEY OF CURRENT BUSINESS February, 1932 Chemical Industries general the chemical inBUSINESS volume in was less inthan usual at this dustry in December time of year, while prices remained fairly firm throughout the month. Employment in the industry, as measured by the Federal Reserve Board index, declined slightly more than seasonally, the general average level for the year having been 15 per cent below that of 1930 and 21 per cent under 1929. Pay rolls likewise declined in December to a new low point, with the average for 1931 about 19 per cent less than in 1930, and 25 per cent below the position in 1929. Stocks of chemical raw materials on hand declined in December, after the sudden increase in the corrected figure for November, to about the same level as in October. These stocks, which vary seasonally, are somewhat less than at this time for several years past. Stocks of manufactured products are higher than usual at this time of year, the December quantity on hand being 7 per cent greater than a year ago and 26 per cent more than the average for December in the years 1923-1925. Gum rosin receipts at three ports, which usually increase seasonally in December, declined slightly, being 20 per cent less than in December, 1930. Wood rosin production, however, which usually declines seasonally in December, this year increased slightly, production for the month being nevertheless 32 per cent less than a year ago. Gum turpentine receipts declined somewhat more than seasonally in December, being about 28 per cent less than receipts a year ago. Wood-turpentine production increased slightly to a point about 40 per cent less than December production in 1930. Output for the year was 34 per cent below production in 1930 and 33 per cent under 1929. Refined arsenic production increased slightly in December, while stocks declined a small amount. Crude arsenic production, however, more than doubled as compared with the month previous and was almost double production of a year ago. At the same time stocks on hand rose almost the amount of the increase in production. Imports of potash salts in December were the lowest in many years, and were less than half of the imports of a year ago. The average for the year was 43 per cent less than in 1930 and 39 per cent under the 1929 figure. Nitrate of soda imports also reached a new low point in December, less than half of the volume in December, 1930. During the year as a whole, imports were only 4 per cent less than in 1930, but 41 per cent less than in 1929. CHEMICALS STATISTICS 1 General operations Employment F. R. B. Indexes j i | Stocks Monthly average, 1923-1925=100 1929: December ' 1930: December . . 1931: i January i February ' March. _.; April i May__. ! June i July il August ! September ' October _ _ • ! November December Monthly average, January through j December: i 1929_ ' Explosives Pay Manu- Raw 4^ Uiiad- rolls, facmajusted justed unad- tured terials justed goods Year and month 1930 1931 Ethyl alcohol Rosin, wood Tur- Super- ByArpen- phos- prod- senic, Ferti- Potash Nitrate tine, lizer salts of soda uct wood phates coke refined Consumption Imports Thous. Short of short tons tons Long tons Production Thous. of gals. Thous. of Ibs. Barrels Thous. of short tons 111.9 97. 9 111.8 97.8 114.0 94.7 126.5 123.9 129.4 124.2 16, 262 17, 770 31,015 24, 024 36, 628 34, 332 7,068 6,200 358 336 4,175 3,055 1,063 1,439 95 74 46, 710 25, 324 65, 569 35, 512 96.6 94. 5 89.8 91. 7 93.0 89.6 89.4 86 6 85. 7 85.4 83. 1 81,9 96 2 95.6 93.3 96.7 91.4 86.7 86.2 84.4 86.0 85.7 83.5 83.0 90.4 92.9 89.8 92.0 88.4 84.1 82.9 80.4 80.8 80.8 76.4 75.0 128.8 130.7 132.0 129.0 129.3 124.1 119.2 117.4 120.4 127.0 131.9 133.3 107.7 103.2 96.5 91.5 88.4 87.9 86.7 85.3 99.5 120.7 133.9 119.3 11,869 8,859 11, 929 11, 162 13, 120 13, 111 11,975 12, 363 12, 952 16, 037 14, 084 24, 056 28, 751 25, 414 27, 647 26, 960 25, 981 25, 068 24, 548 26, 598 25, 282 24, 509 24, 488 32, 332 33, 544 35, 585 33, 593 34, 747 28, 495 17, 074 25, 058 26, 102 21, 440 23,343 4,757 5,634 5,740 6,344 5,996 5,675 4,370 2,607 3,797 3,922 3,547 3,733 326 249 226 195 162 146 143 162 142 141 143 3,092 2,898 3,256 3,146 3,126 2,715 2,569 2,443 2,310 2,389 2,276 2,234 1,570 1,409 1,506 964 1,044 1,024 997 1,238 1,252 1,180 1,126 1,172 343 640 1,352 1,132 195 74 25 40 91 94 66 41, 663 33, 822 60, 394 30,206 17,706 14, 650 67, 958 65, 043 66, 440 50,071 12, 872 11,998 45, 890 68, 421 120, 164 67, 008 34,006 29, 711 18,809 35, 367 48, 590 33, 968 29, 871 17,039 ... 112.3 104.5 89.0 113.4 103.9 84.5 121.4 128.8 136,8 108.7 110.0 101.7 17, 222 13, 931 30, 543 31,847 37, 461 39, 507 27,975 6,955 7,029 4,677 305 333 4,451 3,766 2,705 927 1,074 1,207 460 458 64,826 69, 473 39,403 77, 538 47, 383 45,736 i ... 16 SURVEY OF CURRENT BUSINESS February, 1932 A u t o m o b i l e s and R u b b e r ACTIVITY in the automobile industry expanded in •^"•^December following the extremely low operations of the preceding month. The increase in production was partially seasonal, since it has been the custom for many years of some manufacturers to introduce new models early in January. This season the movement was more pronounced with many plants wilich had been idle coming into operation and others increasing output of an altered product. Production totals for the month were 22 per cent below December, 1930. Passenger-car units produced during December increased slightly more than 100 per cent over November, but remained 20 per cent below December, 1930. Truck production increased 20 per cent and the output of taxicabs recorded the highest total for any month in 1931. The total Canadian production in December also increased approximately 100 per cent. The average monthly production of 199,000 automobiles during 1931 was the lowest since 1921, being 29 per cent under 1930 and 56 per cent under 1929. December exports were greater than any month since July. Both passenger cars and trucks made wide gains over the abnormally low figures for November. The monthly averages of exports of passenger cars and AUTOMOBILE trucks during 1931 was lower than in 1930 by 46 per cent and 43 per cent, respectively. Based on reports from 23 States, R. L. Polk & Co. estimate the total December registrations of new passenger cars at 76,700 units as compared with the November registrations of 75,829. If the remaining States show the same comparative results, this will mark the first monthly gain since April, 1931. Crude rubber imports during December were by far the highest of the year and were 44 per cent over December, 1930, and 25 per cent over 1929. The average monthly 1931 imports of crude rubber, while exceeding those of 1930 by about 3 per cent, were 11 per cent under the 1929 imports. Production of pneumatic tires has decreased month by month since May, the November production of 2,001,000 tires being the lowest since July, 1923. Domestic shipments, however, rose slightly during November, and were somewhat above the same month in 1930, but under November, 1929. Domestic shipments during November recorded an increase after four months of successive declines. The gain was mostly seasonal and due to an increased demand by automobile manufacturers in preparation for new models. AND RUBBER Automobile exports Automobile production United States F.R.IJ* index, Total iotas justed Year and month 1 Monthly averages, 19231925= ! 100 j : Pas- ! Automobile financing mobile acces- Canada i seii " Ta51"" Trucks irucKh ger cabg 1 cars j Thousands STATISTICS i „ due- ers tion January, 1925= 100 ; | ers Millions of dollars ™" ! mestic shlp uon «on ments - World Im- stocks, ports end of month Thousands me^s Number Long tons P ! 1929: December -1930: December 1931: January -February _ March April i May . .. ! June _i July __ ;i August September ' October ! November . _ ; December i Monthly average, January i through December: 1929— 1930 1931 . 120 156 | 65 85 63 68 67 77 78 65 60 52 40 26 36 64 ; 91 I 1.483 1 27,513 121 ! 1,425 ! 33,443 172 220 276 337 317 251 218 187 141 80 69 IT* 138 180 231 286 271 210 184 155 109 58 48 97 I i ! ! i i i : i i i i ; i ! ! i 512 529 410 665 340 360 180 104 141 651 989 l,m ! ! i ! 1 ; i i ' ! : 33, 531 39,521 45, 101 50,022 45,688 40,244 34,317 31,772 31,338 21,727 19,683 23,030 5,495 j | 5,622 I j 6,496 9,871 12, «93 17,159 12,738 6,835 4, 220 4,544 2,616 1, 440 1, 247 3,433 13,831 9,096 8,304 9,187 11,526 | 11,228 | 8,4fb i 5,843 6, 478 ' 5. 6b'J 4,577 3, 217 1, 92S I 5,753 , 10,910 ; 5,102 I 90 ' i 55 ; 21 36 4,534 4, 187 6,002 5,4'J9 4.4JS 4, 3iO 3, 51h 2,356 4,171 4,500 1, IS 1 '4 333 46 ; 53 65 66 61 61 57 60 06 80 40 50 63 71 73 58 49 44 36 26 16 29 8ft i {i 56 55 46 i , ' ; • • Crude rubber I ! » w^e-!co* sale ««£_ L Passen- Trucks get cars Trtfai ™al Pneumatic tires 80 66 ' : ! < : 2,446 2,251 2,940 62 66 3, 188 3,730 92 3,955 113 4,543 109 4,538 105 3,941 96 80 ; 3, 125 2,538 ! 68 2,379 61 49 2,001 ! 50 2,448 2,550 ! 2,855 ; 2, 580 i 3,143 ! 3,804 I 4,197 i 4.320 j 4,244 | 3, 845 3,034 | 2,185 : 2,223 43, 232 37, 370 324, 594 439, 728 36, 598 460, 479 34, 374 471, 285 40, 788 487. 716 44, 908 487, 696 35, 844 497, 707 46, 939 496, 23S 44, 052 509, 139 39,033 511,754 38, 933 519, 846 41, 398 539, 907 45, 103 1 558, 345 53, 818 572, 862 1 130 ' S3 58 447 ! 280 ;i 199 381 231 , 164 1,466 \ 61252 745 i 47 603 503 ! 34,720 21,941 ' 12, 849 6,885 28,287 12. 756 6,850 16,31*7 7, 076 4,0x0 135 ! 100 : 79 4,582 ! 3, 398 ! ; 4,432 3, 402 46. 984 40, 460 • 41,816 268, 283 396, 002 509,415 17 SURVEY OF CURRENT BUSINESS February, 1932 Textile I n d u s t r y usual slowing THE textile year-end occurred down of activity in the industry in December, 1931. 1931, were 9.3 per cent smaller than at the end of the preceding month, they were 11.4 per cent larger than Consumption of raw cotton per working day averaged in December, 1930, and were equivalent to about six 15,981 running bales, 8.7 per cent less than in the pre- weeks' production at the December rate of output. ceding month, and the activity of cotton spindles in Fan-child's price index of cotton goods showed a further place during December averaged 79.3 per cent of decline, 2 per cent from November to December. Wool receipts at Boston increased 7.8 per cent in capacity as compared with 85.8 per cent in November December as compared with the preceding month, and of 75.9 per cent in December, 1930. Production of 300 classifications or constructions of but were about one-third smaller than during Decemcarded cotton cloth, representing a large proportion ber, 1930. Boston receipts of wool for the year 1931 of the total output of the industry, averaged 50,900,000 averaged 25,114,000 pounds per month, which about yards per week in December, 12 per cent less than in equaled the monthly average receipts in 1929. The November, 1931. Sales of these 300 classifications or price of territory, fine staple, scoured wool in Boston constructions during December were 80.4 per cent of averaged 58 cents per pound in December, for the production and shipments were 93.4 per cent. As third successive month. Activity of woolen spinning compared with the same month in 1930, production spindles in December, 1931, was 15 per cent less was 8.7 per cent greater, sales were 12 per cent larger, than in November and that of worsted spindles 2 and shipments were 5 per cent larger. The aggregate per cent less. Deliveries of raw silk to American mills output for the year 1931 was only about 1 per cent less were 4.4 per cent smaller in December than in Novemthan in 1930; both sales and shipments were larger ber arid 12.6 per cent less than in December, 1930. than production. Stocks of cotton cloth in December, Receipts by mills for the year 1931 were, however, 1931, were 20 per cent less than at the end of 1930, and slightly larger than in the preceding year. The wholemore than one-third smaller than at the end of 1929. sale price of A grade rayon has been at its present Although unfilled orders at the end of December, level for 12 months. Monthly average, 1923192f- = 100 1929: December 1930: Deceral-er 1931: July August September October . . . X « > \ ember. - ... ... December M o i t l l v uvpi'afit January t hi ouch December: 1929 1930 1931 Bales 3 Silk Ojg £ -S OQ *ss ac P MilThou- lions of sands of spindle ! bales hours Thousands of yards £" — Month- i ly uv- rp n Holerage, u,n ,' " f lars per TU ! 1 ullf pound 1913= I 'J ^ 100 1913- ,f ;t,°; 45° 685 405, 518 7,740 10, 031 6,768 j! 243,735 5,924 234,052 214, 148 226, 951 461,013 363, 962 431,018 288, 056 9, 557 6,365 202,149 8,864 6,122 i 212,168 8, 136 7,000 1 271.638 7, 404 7,125 ' 225', 955 6, 748 6,733 j 225,392 6,102 6, 630 i 260, 163 5, 520 6,528 1 192,545 5, 266 : 6,193 i 209,050 7,072 6,540 I 272,118 10, 566 6,595 ! 227,116 12, 137 0,014 ! 231,446 12, 056 5,951 ; 254,692 210,597 248, 354 317,185 217,582 205, 603 273, 871 211,331 227, 644 278, 049 216, 207 213, 889 237,834 355, 514 319, 328 273, 781 282,154 301,943 288, 235 269, 449 250, 855 244, 924 255, 833 273, 390 290,248 317,465 395, 802 373, 951 294,118 248,514 330, 575 277, 597 217,508 227, 1(,7 344, 6H9 354, 957 322, 039 120 119 ^21 1U 115 112 111 100 95 91 87 85 587, 491 448, 149 454,085 4, 758 j 8,325 i 293,949 6,507 6,390 : 231,977 8,286 6,483 i 232,036 288,176 243, 065 238, 179 381,272 421,919 283, 805 i , 1 , 1 j 410,087 i 307, 953 i 308, 697 | Bales Dollars per pound 44,159 55, 424 1 15 95 55,910 54, 242 55,383 41,356 45,073 42,161 44, 746 ! 46,454 53,819 i 56,668 50, 645 48, 432 75 75 75 75 75 75 75 75 75 75 75 75 Per cent of active hours to total reported 15,272 11,574 151 122 450,117 433, 376 490, 509 508, 691 465, 363 453, 901 450, 884 425,819 463, 704 462, 025 428, 870 415,517 Deliveries to mills : | I"? if 11 Worsted ! ^o «, 30 »*S-a * O -w ^ ~ fQ i V™ Spinning Woolen *t ! *se 9 0 ; ! j i I1 'j '! ,i ! ; | Rayon* wholesale price, A grade, bleached Wool manafactures ~~ Cotton textiles (23 groups of textile constructions) 87 96 n?o«»l Eeceipts, at Boston, total j ; Months do not contnin same number of weeks. 90(597—32 £ 1? 115 91 95 May JllliP II Cotton manufactures 86 93 97 98 98 97 102 100 100 93 89 84 . . . Februiii y 1 Stocks, mills and warehouses, end of month consumption Mill Vrar a n d m o n t h Cotton, raw Wholesale price, Faircbild composite F. Ii. B. Index, adjusted i TEXTILE STATISTICS 0.84 | . 72 61 57 52 10,795 13,269 13,279 17,775 30,341 56,743 79,381 36,850 18,707 9,628 7,026 7,577 .68 .68 .66 . 65 .63 . 62 .62 .63 .62 . 58 .58 .58 48 66 57 55 60 61 64 66 63 53 46 39 52 54 57 57 66 73 83 78 70 49 51 50 25, 375 26,056 2-", 114 .97 78 56 57 67 51,646 54 ; 48,519 82 49.574 | 1 1 ! ! ! 1361 I 6 106 i i 24 05 75 18 SURVEY OF CURRENT BUSINESS February, 1932 Food I n d u s t r i e s prices continued to decline WHOLESALE foodwith the combined index recordduring December was not great enough, however, to lower materially the average monthly movement, and the first five ing a loss of 3 per cent. The monthly average of whole- months of the 1931-32 crop year show a slightly sale prices for the entire year was 18 per cent below 1930. higher total than the same period a year ago. Exports December production in the food-processing indus- for December were considerably lower than for Decemtries, as shown by the Federal Reserve Board's monthly ber, 1930, due largely to a falling off in shipments to index, decreased approximately 1 per cent after Japan and Hawaii. adjustment for seasonal changes. The adjusted index Wet process grindings of corn showed a marked of employment for December, however, indicated a drop in December, indicating a contraction in industrial slight increase. During 1931 output was 4 per cent utilization. This market for corn disposed of only below the preceding year, and employment registered 4,600,000 bushels for the month compared with 5,200,000 bushels prepared in December, 1930, and a decline of 7 per cent. Marketing of animal products showed a marked gain a 5-year average of 5,900,000 bushels. Receipts in December, and the index was 4 per cent above the continued small and despite the low aggregate grindsame month in 1930. The average for the preceding ings commercial stocks increased only moderately. year was maintained during 1931, with a margin of gain Cash corn prices for December were slightly lower than amounting to less than 1 per cent. Crop marketings in the preceding month, most of the decline occurring declined seasonally in December and were below in the first week, followed by a period of limited December, 1930. During 1931, the marketing of fluctuations. There is an ample supply this season crops receded to a point 4 per cent below 1930, and as a result of good crops in the eastern and central portions of the Corn Belt which more than counter13 per cent below 1929. Marketing of milled rice during December was balance the poor crop in the western section. below the usual figure for that month. The decline i Monthly average, p *SS ! 1923-1925=100 O '-t j £? w» ii Millions of bushels ^ 1921): December 1930: December 95 89 98. 7 90. 8 98.7 82.4 123.9 | 105.8 i January February IV1 arch April May June July August September October . __ November December Monthly average, January through December: 1929 . 1930 1931 93 92 87 96 91 83 88 88 89 93 90 89 91. 2 U0.3 8i) 9 90. 6 90.8 88.7 88. 1 88.1 87.5 85.5 85. 9 86. 3 80.7 78.0 77.6 76.3 73.8 73. 3 74.0 74.6 7° 7 73. 3 71.0 69.1 74. 3 66.8 64.4 53. 1 62.0 55.2 103.0 83. 9 119.3 219. 2 158. 8 98. 5 98 94 90 99. 6 94. 8 88.6 99.9 90. 5 74,6 110.5 ; 100.8 '< 98.5 1 1931: ! ! ! i ! i ! ! i ; 93.0 97.8 94. 7 85.5 94.0 101. 2 108.7 118.0 J05.2 94. 3 91.5 96. 6 97. 5 191.6 23 22 1 i : i ' i •! : : ! ; i 99.2 i 98.4 ! 98.9 1 i 29 31 31 21 81 30 104 61 39 33 26 14 j 39 i 35 ! 37 1 1 Millions of bushels I 24 ! 73 i 1S2 j 196 12 6 197 202 207 200 198 191 218 243 239 231 230 221 6 4 5 7 10 12 17 12 12 15 13 12 75 76 67 47 51 56 58 69 60 150 169 215 13 12 10 1 18 92 64 31 27 10 17 19 21 18 20 22 20 ' Thousands 0.88 j! 1,555 .69 ! 1.736 ! 95'' 1,0 2 1,072 1,100 ] , Oo2 1.014 940 Ijj ^ 515 415 10 13 ! 1 ! 22 21 14 1" 12 13 .93 .82 .53 8 9 8 6 1,703 l' 3,675 1,681 3,398 1,635 j 3,295 ! " 170 312 12 11 ! i9 17 11 13 16 11 8 14 SM aG oo ^G""1 r< 602 737 ; : -c. | 4,256 4,002 4, 652 .65 : 1, 50» .61 i 1,303 3,701 .60 1, 535 3, 207 .58 1, f.17 3, 007 .56 1.551 2,938 .58 l.o 10 2,854 .57 T.4SS 2,511 1,821 2.454 .46 .42 .38 2, 137 3, 462 1,N>6 3 752 .43 .37 1,453 4,210 71 i Coffee ina ports 1 Si Thousands of bags > * 5 !K & eLS Total raw sugar imports S ft^i Total meats, coldstorage, end of month 2 1 Is is -If ' f *rt ft '3 Il'og receipts I s •-.• »Q Cattle receipts ** £!* agr s n '^ ^ P.«^ Price, No, 3 yellow, Chicago 1 "£ a * ,*•+* Animal products M i l l i o n s of pounds !.§ 3^4 Corn Wheat D o l l a r s per bushel > Monthly average, 1923-1925-100 1 Visible supply, United States Wholesale prices Employment adjusted Year and month Production adjusted F. ». B. Crop marketings Food products industry D n l l a r s per Price, wtd. average, D o i i q r i r . p r g markHs aii bushel ^a(ieg Aiiim?! products market* ings 1 j FOODSTUFFS STATISTICS 955 1, 098 506 520 731 382 413 532 3'JO 269 189 218 ] , 094 1, 289 1,407 1,126 ],415 1,037 1, 100 S84 7v4 907 936 1, 203 1,068 853 870 463 378 345 v?36 1,010 1,099 1 19 SURVEY OF CURRENT BUSINESS February, 1932 Forest Products registered at the end of 1931 a new low point for the postwar period; the volume was 12 per cent less than in December, 1930. For 1931, as a whole, marketings were 9 per cent less than in 1930 and about 30 per cent less than two years ago. Naval stores marketings fell off seasonally in December, the general volume for the year 1931 being 14 per cent below that of 1930, which was slightly less than in 1929. Southern pine production in December was just half of that of a year ago. Production in 1931 represented a decline of 42 per cent from the output in the previous year. As production was somewhat in excess of new orders, which registered a new low in December, unfilled orders declined and likewsei reached a new low level. New orders during the year 1931 wrere 30 per cent below those of 1930, while unfilled orders declined somewhat more, or about 41 per cent. Douglas fir production declined to a new low level in December, and orders also fell off. Car loadings of forest products, which usually decline seasonally in December, dropped to a new low level in this month. Loadings for the year 1931 represented declines of 37 per cent and 54 per cent from 1930 and 1929, respectively. the lumber market SEASONAL dullness prevailed in business was reladuring December. Industrial tively active, but the slack retail trade brought new low points to most of the statistical business indicators of the industry. For the year 1931, as a whole, lumber production has been estimated at about 18,000,000,000 feet, as compared with census figures of 26,000,000,000 for 1930 and 37,000,000,000 for 1929. Production, which was maintained at about 37 per cent of capacity, was exceeded in 1931 by both orders and shipments to the extent of 8 and 10 per cent, respectively, with the result that sawmill stocks on hand January 1 represented a reduction of 15 per cent from a year ago. Lumber production, adjusted for seasonal variations, remained in December on a par with the low level of the previous month. Employment declined slightly more than seasonally to the lowest level yet recorded, while for the 3rear as a whole employment was 25 per cent less than in 1930 and 41 per cent below 1929. Pay rolls also fell off in December to a new low level, the average for the year 1931 being 37 per cent below the 1930 average and down 54 per cent as compared with 1929. Marketings of forest products, which usually show a sharp seasonal decline in the month of December, FOREST PRODUCTS General operations Lura; ber i .j. ! pro- j *j™- | roU Pay <iw«- \!,S,5St tlon " i Year and month ^Sjfccttn£ » 5- j store* ! ' una ^- ' Pr< HI- i stores , A A !'»•*-»« F.R.B. i i ' Na-»jl i °" Mow M ?Q S2 1 oo S ^2 7 10 1 49 11 50 49 "0 49 it -rO 3^ 3' 30 30 56 06 ~>j )') 55 "ii>2 51 49 48 7 i«> -i4 r> io 11 15 41 41 <U 40 3^ U 31 91 67 4? 8S 2 6° 3 52.3 ! ! i j i '• \ ! 3 3 7 4 1 i 0 1 4 «. 4 7 0 6 2 9 7 6 7 3 3 2 t 3 Fro 126 r> 117 7 69 fi 5j 6 o1 5 ~> 4 4 9 3 63 6 fi 6 7 67 2 G4 6 i 64 3 67 5 63 1 1 56 S 50,1 " <|IIC " Uo0 UnNew filled orders orders Production j . i | I | i j TT ' New ! IJ^ 1 ^^jo^j Ij7 ' 146 ! 99 37 1 2) ", 39 7 i 93 3 136 5 1S9 9 , 1 s6 7 lil 5 HI 9 114 0 97 2 90.4 10" 1 il 1'ji 161 14<s 127 122 120 117 117 111 ?b 191 171 174 169 158 140 147 151 138 135 111 73 116 107 121 104 84 83 83 83 74 58 82 51 90 6 :!i 8 5 3 I 125 1 '•'• 65 7 '" 6 7.0 122.4 !: 41.5 ii 1.0 6 195.7 r ii \ 226 132 I : i ; ; i i ' 210 147 i i FurnfCar- ture, unload- filled »«gs, orders, forest prod- southeastuct ern « district Thou- Dollars sands of per firm cars Millions of feet board measure Data for May, August, October and December contain 5 weeks; other months, 4 we- I *;sl~ 1! Hardwoods i ; ! i I I ' I i j Douglas or i o-dJJ« : orderg o*aers| fiUcd Monthly average 1923-1925=100 ! 1 Fr duc tion i i 1929: December 1930: Doc-ember _ . _ 1931: January February... "March April. Mav ._ )UPO Ju.lv August . -. September October November _ _ __ December Monthly average, January through December: 1929 1030 1931 . .. __ Southern pine ; To : f01 v*t STATISTICS 1 261 1G7 241 189 273 138 210 134 165 i 125 611 456 182 121 ! 160 179 186 202 207 200 149 172 155 150 116 103 192 189 217 224 189 191 181 188 159 151 136 115 183 182 197 216 136 163 166 111 i 125 I 81 ! 143 15S 165 146 143 143 109 101 105 105 105 169 188 173 154 158 156 '^1 473 '! 163 [3i ' 156 138 138 130 165 139 131 131 ' 131 131 402 375 387 371 ' 370 i 105 138 104 123 87 71 322 238 165 324 237 178 318 i 204 ' 148 300 202 2S6 170 612 5i6 ! ! ! ; i; 146 I! 86 ; |l 105 ; ' i : i : 1/6 : ni) 88 ; 11,400 125 31, 781 31,160 29, 798 28, 248 19, 338 56, 865 47, 997 47, 706 42, ISO 22, 100 271 197 134 35, 392 ', i SURVEY OF CURRENT BUSINESS 20 February, 1932 REVISED INDEXES OF WHOLESALE PRICES 1 'Combined Building ChemiI index j materials cals and drugs i Farm products HouseMetals Fuel and Hides and furnish- i and metal Textile leather lighting products ing goods 1i products products Foods Miscellaneous Number of quotations YEAR AND MONTH 86 784 89 122 67 24 41 129 61 | 113 52 Relative to 1926 | 1926 January February March April M^ay June July Au cr ust September -October November December M^onthly average January February -March April May June July August September October November December Monthly average. 1928 January February March -April May June July i i 103.2 102.0 ! 100.6 100.3 100 5 100.4 99 5 99.1 99.7 99.4 98.4 97.9 100 0 j J '• _ .- : i ; - - ; 94. 7 - . -.! - . _ -' : ._ -- 94.1 94.2 94.1 94.3 ','5. 2 9.'. 3 96. 6 96 3 96.4 95.4 93. 1 91.9 91.6 94. 7 96.4 95.8 ' 95.5 i 96.6 ': i 96.7 1 97.4 1 97.6 92.2 92. 2 92 0 92. 8 93. 5 94.4 94.7 94.9 94.9 95 2 95 8 95. 8 94 1 98. r 95.8 95.8 96 7 95.9 9x4 96. 1 9.) 5 91 7 95 2 y, r} 'i1! 3 95.1 9-> 5 f/ o 9, } 9> . 90 2 90 0 1 ! ^ S S4. 4 84 o 8 4 83 0 81.3 79.6 1 8b. 4 78.2 76.8 76. 0 74.8 73.2 72. 1 72.0 72.1 98.0 98.0 i 97. 1 i 97.8 i 95. 6 i 96. 1 i 95.6 1 95.6 :i 96.6 97. 1 i 97.3 i 1! ! 1 ' 70.3 i 70.2 68.6 95.5 95 9 96 7 96 3 95. 5 95. 2 95 1 95 2 95. 8 95. 9 94.4 94. 4 95. 4 96.8 j 90.2 ; 96. 1 i 95.8 I 95.9 1 95.5 i 95.0 94.8 95.0 !; 95.2 95 7 ' 95 7 95.8 ; 95 6 102.6 | 100.6 ; 99.3 100.5 ! 100. 1 ! 100.5 98 7 97. 5 i 99.8 i 100.7 100.4 i 100.6 I 100 0 i 98.8 99.2 98.3 98.0 100.7 100.9 99.6 100.5 101.3 101. 1 102.2 99.4 100.0 103. 3 101.5 100.2 98.7 99.0 98.8 99.0 99. 6 98.8 100.9 100.3 100.3 100.0 101.1 101.0 100.9 100.7 100.3 100.2 100. 1 100.0 99.7 99.6 99.6 98.7 100.0 96. 5 95.4 94.2 94.3 96.3 96.5 97.6 102.3 105.9 105.0 104.3 104.4 99.4 101.5 ! 100. 7 j 100.6 1 99.8 i 100.0 ! 100.6 j 100 3 99.9 ! 100.3 1 99.3 i 98.9 !1 99.0 100 0 1 98.3 97.2 ! 96.5 i 96.5 i 96. 1 : 95.3 94.7 : 94.3 96.5 95.8 August -September October November i December Monthly average 1929 . __! Januarv i Februarv March • \pril . ..' Mav June Julv A. u^ ust S epte Tiber October ._ ___' November December _. __ ._ Monthly average 1930 January February March April Mav June July i August ! September - i October November i December Monthly average : 1931 January Februarv March April _ . .. _ ' May. „„ June July August _ _September October November. __ __ December _._ Monthly aveiage. 1 101.3 i 100.9 ! 100.5 99.8 99.2 99.1 99 4 100.0 100.0 1 100.0 1 100.5 i 99.9 I 100 0 | ! 107.4 j 105. 1 101.7 i 102.8 | 102.4 | 100.9 i 98 6 \ 97.2 f! 99.3 97.9 i 94.7 i 94.9 i 100 0 i 97.1 96.1 94.7 94.9 95.3 94.8 94.3 94.5 96.6 100.0 101.4 100. 7 96.7 ! 98.2 96.6 91. 4 86.8 85.9 86.2 86.2 86.0 86.3 86.0 85.0 84. 7 88.3 100. 9 100.1 100. 4 101.7 103.6 107. 1 111.4 111.5 112. 5 112.7 113.9 116.5 107.7 97.5 97.5 97.5 97.5 97.5 97. 7 97.4 97.5 97.5 97.3 97.6 j ' i ! ; ! i ! i i i i 106. 1 i 104.5 ! 103. 5 1 107.6 ] 109.8 106.7 ! 108. 5 106.9 1 108.8 S! 103 4 ; 101 6 103.6 j 105 9 l 100.9 98.8 98. 2 99. 7 101.2 100.3 102. 2 103.8 106. 5 102 1 100.0 98.1 101 0 82.8 83.0 82.7 82.8 83.5 83.9 84.5 85.8 86.4 86 1 85.8 85.3 84 3 120.7 123.8 123.7 126. 3 125. 8 123.3 123.8 120.6 120. 4 117.2 115.3 115.4 121.4 i 1 ! i 99.9 99. 7 99.5 99.2 98.7 99.3 100.3 100.7 100.9 100.8 100.7 100.4 100.0 ! i i ; i i 1 97.6 : 97.5 96.5 : 96.4 ' 95.9 : 95.5 95.5 94.8 94.7 j 94.8 | 94.8 ! 94. 1 94.1 94.1 95. 1 ' 93. 9 93.8 93.8 ' 94. 0 ' 94.0 94.6 94.3 94.3 94.3 94.7 94.6 94.7 ' 104.9 : 113.4 108.9 108.2 107.8 106. 7 107.9 109.1 3 09. 5 110.6 110.3 108. 3 107.3 109. i 101. 0 ; 98 0 94.7 \ 95. 8 93. 0 88.9 83.1 ' 84.9 85. 3 ' 82.5 79 3 75.2 i 88 3 97.3 95. 8 94. 3 94. 9 92.2 90. 8 86.8 87. 6 89. 5 88.8 86 2 82.4 90 5 81.7 80.9 79.4 79. 5 80. 3 78.9 1 78.0 77.9 79.0 77.6 "5 3 74.0 78 5 105. 1 103.9 103. 2 102.7 102.6 102.4 100.8 99.0 99. 2 96.6 94.2 91.4 100.0 93.8 93.6 93.5 93.5 93.5 93.4 93.1 92.9 92.3 92.1 91.5 88.8 92 7 84.5 !] 83.3 82 9 ! 81.3 i 80.5 ' 79 4 i 78 9 76.9 76 3 75. 6 i 76. 1 i 76. 1 i 73 1 70.1 70.6 70.1 67.1 65.4 64.9 63. 5 60 5 58.8 58.7 55. 7 80.7 78.0 77. 6 76.3 73.8 73.3 74.0 74.6 73. 7 73. 3 71.0 69. 1 73.3 72.5 68. 3 65. 4 65.3 1 62.9 62. 9 66. 5 67. 4 67.8 69.4 68. 3 88.7 88. 9 87.6 79.3 64.8 94. 3 94 0 93. 9 93. 5 92. 4 89.9 j 88.5 87.7 87.1 86.3 85 5 84.8 89 9 93. 0 92 3 83.8 82.5 82. 5 81.5 80.0 79. 3 78. 1 77. 6 i 77 0 i 76. 1 76. 2 75. 7 105 4 107. 2 104 9 102 2 103.3 107 6 107. 5 ] U6. 6 104.0 101. 1 i ' ' i ; ! i 101.9 ; 91.4 : 91 2 90.2 89. 4 : 88.3 ' 87.9 : 87. 2 86 7 86 0 85.6 89 1 • : i ; ! i i1 ! Ii i : ! ! 'i | i 87.6 88.0 89. 4 88.7 85.0 82. 5 81.6 79.8 86.1 ! 94.4 94.4 ' 94. 3 94.5 94. 4 94.7 94. 6 96. 0 98. 0 97. 7 96. 9 96. 6 95. 6 91. 7 vil.8 91.8 91.9 95.6 95.7 ; 95. 9 ! 96. 0 96.1 : 96.4 96.3 97.5 97.6 98. 0 98.6 99. 6 97. 0 IS. 1 9h. 0 95. 5 95 6 95.8 9") 6 95 8 90. 1 * If 2 100.1 100.6 i 102. 3 1 02. 3 101.2 ; 9_ " 9J 3 9J 4 9 ti 90 7 9' .. 1 1 01 . 0 100.5 100. 3 99.8 98.7 98. 5 100.5 V 1 84.2 8'' 9 82. 1 81 9 82. 5 84. 5 83 3 82. 2 82.7 83.1 83.2 83. 1 83.0 i 105 9 : 110.0 106 3 105.0 103. 5 102. 5 101.6 97 9 96. 9 90. 0 95. 7 ( '3. 1 92. 2 100 0 97.0 96.1 96. 1 95.9 96.4 96.2 ! 95.8 '. 96. 1 95. 8 95.5 95.3 96.3 96. 3 98.9 9« 1 98.3 98 0 9S. 0 99. 1 102 9 103.5 1 03. 3 101.4 98. 9 98. 7 99. 9 95 f) 95 7 • 95 3 94 7 94 1 93. 4 93 3 93 G 93 7 94. 0 93 8 • 93.5 94.2 i 105.8 105.0 102.7 101.3 i 100.2 99.5 98.9 98.9 98.8 97. 7 96.4 95.4 100. 0 94.3 ; 1 i j i i i i i ' i : \ 88.3 88.1 : 88.0 • 87.9 i 86.8 86.4 85.7 84.9 82.7 81.0 80.9 78.5 ; <.)^ 91. 3 i.'l.O 90. 7 •;,{} o 89. 5 90. 1 91.0 Xx (I ">7 7 x7 4 y ~> 0 v, ^ S_; 7 ^ 7 *> 4 9 " 1. ^ _ 4 v <, xj. b N) 1 v ]. 2 89 8 89. 5 t*. 6 87 S % 4 >-2. 4 fe\ 2 •> ' o 87 2 >K« S' S 84 0 b3. 4 81.' 79.7 7*. 0 7*i. 2 74 7 7i p 73 7 X'! i 1 ' v, i 71* 4 7i> t 7<> 1 -- o 74 7 -4.1 7> 5 77 7 80.3 71.3 i i ; i ; ; i 70. 9 70.0 68.2 67.4 66. 6 66. 5 i ; i i! . i 65. 5 ; 64.5 63.0 ^ x] J ^6. i ': f] 9 x5 s." 4 9 h ( vu s, : (] s, , xj x> ^> >2 Z. 94 9 95. 0 9," 0 9") 1 95 5 97.2 9G. 9 96.6 95. 3 93.5 91.9 90.8 89.6 89. 0 ' 87. 9 87. 8 87.9 92. 1 86.9 86. 5 86.4 85.7 85. 0 84. 4 84. 3 83.9 83. 9 82.8 82.6 82.2 84.5 ',:!. 8 62.2 : 60. 8 | 72 2 71.5 72.0 71.5 70.5 69. 7 69. 7 68.3 68. 2 66.6 68.7 fi''i. S 66.3 Compiled by the United States Department of Labor, Bureau of Labor Statistics, revising the previous index numbers, This new index is composed of monthly averages ind< weighted of weekly quotations covering 784 price series, arranged in 10 groups. In computing this index the price of each commodity is weighted by multiplying it by the esimmiecl being average quantity marketed in the years 1927 to 1929, or 1927 and 1929 in the case of most manufactured commodities, the census data bei used for those years. The base year has been taken as 1926 and the index of the enlarged number of items has not been carried back farther than 1926 at the present time. Details of the series are sho\vn. monthly in press releases of the Department of Labor. 21 SURVEY OF CURRENT BUSINESS February, 1932 WEEKLY BUSINESS INDICATORS [Weekly average, 1923-1925 = 100] 1933 1931 1932 1930 ITEM ITEM Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. 16 24 18 9 17 10 25 23 26 18 1931 1930 1929 Jan. Jan. jJan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. 23 16 1 9 17 10 25 18 26 19 I * Composite index, N. Y. Times ... _ . "Composite index, Business Week Detroit employment Production: Beehive coke .- ... __ Bituminous coal (da. av.) Building (new awards) t Electric current Pel i oleum (da. av.) SI eel ingots L'ecoipts: c ^t tie and calves Cotton 1 Wholesale prices— Contd. Fisher's index (1926= 100)— 65. 2 65.2 65.3 77. 4 77.9 78.3 93.7 93.2 97.8 97.4 Total (120) Agricultural prod72.8 73.9 100.4 98.6 99.7 97.2 48.1 48.1 48.7 ucts (30) Nonagricultural 68.4 68.5 68.2 79.0 79. 1 79.2 91. 3 91.5 97.1 98. 0 products (90) Iron and steel, composite. 72. 5 72. 7 72. 4 76.6 76.6 76 5 85.4 86.0 87.6 87.5 Banking and finance: Bank debits outside N. 77. 5 76. 5; 126. 4 98.3 99. 5 155. 3 121. 6 122.9 135.3 138. 8 Y. C. (da. av.) 90 2 90 I! 87 3 107.9 107. 4 107. 6 104.7 105. 1 107.3 107.3 Bond prices Business failures (number) 210.1 191.9J181.fi S74.9 195. 6 227.8 158.2 156. 8 128.0 143. 2 Federal Reserve R. M. banks —• Loans and discounts. 103. 5 104. 3! 104. 6 126.7 127.4 128. 5 133.5 134.7 128. 5 129.3 Net demand deposits 95. 0 96. 4J 97.5 113.3 114. 8 114.4 108.8 11 0.0 110. 7 112.7 128 3 198 0:19!') 1 156. 4 155. 7 155. 3 152.5 151. 9 151. 9 151. 9 Ti f ii6 deposits 60.6 60.61 72.7 36. 4 36. 4 36. 4 109. 1 109. 1 145. 5 169. 7 Interests rates, call i 85.7 87.nl 91.4 45. 7 57. 1 68. 6 108. 6 108. 6 177.1 177.1 Interests, rates, time 116. 0116. 31117. C 95. 2 96. 4 99.0 94. 4 95. 3 96.3 97. 2 Money in circulation 77. 3 79. 7 73. 3 156. 1 353.3 157.2 215. 6 213.0 245. 8 240.0 Stock prices. .. 63.0 63.1 64.1 78.1 78.2 78.0 96.6 94. 5 105.7 106.2 63 1 64 2 63.4 79.4 80.8 81.4 95.6 96.2 108. 9 110. 7 104 5 76.4 67.2 7.8 9.C 14.7 13.9 13. 9 28.6 29.4 44.5 46.9 62.5 67.4 67.8 86.5 90.0 89. 9 114.6 104.4 117.3 116. 4 63 4 96.2 97.2 102.8 103.1 102.9 109. 6 110.1 103.1 104.3 103. 8 105. 3 107. 2 101.3 100. 5 100. 1 125. 6 127.8 127.8 126. 9 36.8 34.2 32. {1 60. 5 59.2 52.6 97.4 90.8 111. 8 110.5 73.4 70. 9 73.4 74. 4 78.2 7Q 1 76.3 ' «*• A 120. 4 146. 5 136.2 48. 2 72.7 55. 0 71.9 103. 5 109. 6 113.4 20.2 120.8 119. 7 125. 9 52. 7 47.3 41.4 81.9 78.3 40.5 58 6 58. 5 73! i 74.1 72.9 88.1 83.5 67.7 89.2 76.4 98.1 00 8 98. 1 111. 6 130. 7 51. 9 71.9 52. 9 86. 6 94. 7 95. 2 W heat I M^tr'bution * Car loadings Whole r- Is prices: 52.2 51.4 50. 7 71.0 71.0 71.0 129. 0 129. 0 121.7 120. 3 Copper, electrolytic Cotton, middling, spot.. 24. 6 27.2 24. 3 39. 0 37.5 37.5 63.6 64.3 73. 9 75.0 : Relative to a computed normal taken as 100. t Relative to weekly average 1928-1930 for week shown. WEEKLY BUSINESS STATISTICS 1932 1930 1931 ;i 1929 1928 ITEM Jan. 23 Jan. 16 I Jan 9 Jan. 18 i : Jan. 26 Jan. 25 Jan. 19 ',\ Jan. 28 Jan. 17 1,951 j 1,778 1,998 1,983 ; j 1,714 | 1,647 1,826 ; 1,834 1,717 1,737 i 1, 560 1, 550 108 ! 1,001 ! 200 ; 104 •'' 1,578 ' 226 :> 2,541 260 221 3,074 506 258 367 1,500 232 257 1,427 148 725,212 862, 346 ; 847,155 '! 222,892 i 202,076 !; 176,087 45,275 i 46,990 : 32,284 41 138 38,670 : 37,500 , ' 27' 226 .1 29,081 i 26,838 • ' 232,980 232,072 " 206, 486 237, 075 ! 285,810 ;: 293,627 7,638 8,052 ' 5,105 4,916 11 392,552 i 438,195 ' , 65 0,003 ! 673,039 2,111 i 2,094 ! 2,616 | 2,662 \\ 926,474 222,294 59,320 47,960 26,840 240.951 320^43 8,566 278,213 2,663 931,861 227 980 ~5S! 836 48, 165 32, 226 239, 170 317, 128 8, 356 323, 125 2, 644 \ 902.664 187, 143 66, 081 53,310 ! 32, 726 i 244,635 310, 923 ! 7, 846 i 403,792 2, 355 884, 683 178, 335 62, 692 48, 903 33, 474 243,219 309, 820 8,240 421,392 2, 381 PRODUCTION AND DISTIUBUTION Bifj-uiiH/ds coal production (da. av.)__.thous. tons_. Building contiacts (da. av., 37 States) thous. dolls. Flectri'":! cunent output mills, of kw. hours. _ Exports: Corn ._. . thous. of bush,. Wheat thous. of bush-Wheat flour thous of bbls Freight c;.rsLoadings, total cars Coal and coke . .. ears_. Foj^st products cars Grain and ?rain products cars__ Livestock. , _. ___cars-_ Merchandise 1. c. 1 cars.. Misceilaneous cars Ore cars Net available surplus (da. av.) cars Petrojoirii pi eduction (da. av.) thous. of bbls__ ReceiptsCattle t,nd calves (12 markets) thousands.Cotton into sisrht thous of bales Wheat, primary markets thous. of bush-Wool, total, Boston thous. oflbs.. Steel-mKot production per ct. of eapacity.. 1,148 1,155 1,473 1,602 1, t'Ji) 1,713 1,533 10 174 1,717 20 2, 081 163 26 495 218 r 24 23 180 9 188 163 572,504 ., 2, 162 573 276 125 0«3 18 091 31, 004 21, 443 186, 627 188, 711 2 317 740 925 2,193 232 313 4,186 1, 490 28 224 38.1 3, 760 2,793 26 232 i 354 3,286 i 3,220 25 i 106.3 .072 .067 1.84 30.00 .54 106. 3 .071 .074 1.82 30.08 .53 106.3 .070 .066 1.87 29.96 4, 078 3, 592 4,055 3, 545 4.926 12, 860 80.73 855 S&O 115 131 S'32 16,831 ' °7 510 24,579 ' 183,469 , 184, 989 3,194 ; 2,234 , WriOLESALE PRICES Chemical index reL to 1924.. Copper ingots, electrolytic, New York... dolls. Ib... Cotton, middling, spot, New Yoik dolls, perlb.. Food index (Braiistreet's) dolls, per l b _ . Iron and ^ted composite _ _ dolls, per ton _ Wheat, No. 2, hard winter, Kansas City ...dolls. bu._ Bank, debits: FINANCIAL Now York City mills, of dolls.. Outside New York Citv 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 discounted mills, 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 (da. av.) dollars.. Interest rates on brokers' loan-: Time money, New York . percent-Call money, New York per cent.. MoiM'y in circulation (da. av.) mills, of dolls... Stocks Nvw York Exchange: Avenge Ki'ice 50 stocks dollars.. Sales _ thous. of shares __ Stock prlr-s. weighted: Industrials, rails, and utilities (404) ..rcl. to 1926.. All industrials f.337) rel. to 1926 All railroads (33) . rel. to 1926 All utilities (34) rel. to 1926 . Jan. 21 Ja n. 24 : 71 5,6:JO 16 5,052 3 1,196 30 5^2 24, 888 20 8, 203 238, 724 235 128 6,810 931 46 I ! ! | I 247 189 1 6,506 2.0^3 ' '45 241 i 187 3,216 [ 1,970 1 74 ! 264 : 198 4,124 2,990 :•;• 69 ; 214 255 5,713 5,507 85 282 236 4, 199 ! 3, 485 84 j 254 174 5, 945 1,255 83 274 177 6,178 3,173 77 i06. 5 .098 .106 2.42 31.73 .69 1 i 106.7 .098 . 102 2.42 31.73 .71 111.5 .178 .173 3.09 35.36 1. 18 ! 1 ; 311. 5 :< .178 .175 : 3.05 , 35.60 1.18 ;' 108.3 .168 .201 3.40 36.25 1.19 108.3 .166 .204 3.37 36.23 i 1.14 j 112.3 .139 .184 3.34 35. 45 1.32 112.3 . 133 .193 3.34 35.33 1.34 ! : ! I i | I i : ! : 4, 887 5,034 ! 4,560 : 5,256 ! 4,611 ! 7,096 : 5,637 ; 7,520 5,699 ; 11,856 6,273 12, 599 6,439 i 7,873 5, 337 8,519 5,922 24, 446 80.71 781 8.021 < 78. 17 739 1,797 ! 96.61 ' 712 i 1,674 1 96.22 796 1,095 : 93.80 644 1,635 94.13 638 ' 3,260 96.05 521 2, 519 i 96. 08 583 5, 595 99. 35 646 2, 700 99.33 606 819 3,196 818 3,188 818 i 3,159 230 i 3,254 1 ! 243 3,231 ! 443 3, 172 442 1 3, 155 : 782 2, 814 822 ; 2,793 i 385 2, 988 412 2,976 12, 935 7, 117 7,303 11,476 5,818 3.45 13,031 7, 256 7,371 11, 643 5, 843 3.44 13,077 7,302 7,390 11,781 5,854 • ; 3.38 !i j 15,922 ! 6,743 8,400 ! 13, %2 1 7, 059 4.85 16, 707 5, 549 8,974 13,135 6,915 4.87 15, 232 6, 116 8, 559 13, 749 6, 587 4,87 15, 372 6,075 8,630 13, 924 6,560 4.88 3.75 2.50 5,632 3. S3 2. 50 5, 646 4.00 3.00 5,680 2.00 ! 1.50 ; 1,621 2.50 ' 1.50 4,683 75. 03 7, 323 77. 36 10, 246 71.17 10,072 1 51.59 i ), 707 ! 59.6 55. 8 38. 6 96.3 60. 4 56.7 38. 2 55. 5 52.2 42.2 91.8 111.3 ; 102.3 :i 100.6 Ifil.Q 97.9 : 15,839 6,764 3.414 1 3,689 7, 090 4.85 ! ; ; I 148.84 8,387 111.5 102.8 99.0 | 162 3 1 : i : 1 | 4.75 i 4. 50 ; 4,586 ; 16, 858 5, 554 9,005 13,392 6,853 4.87 4.75 4, 50 4,629 < 16, 060 6, 071 8,696 13,366 6,885 4.85 16, 186 6.077 8, 727 13, 611 6, 8s5 4.85 7.75 6. 00 4,677 7.75 7.00 4,722 4.38 3.75 4, 690 4.50 4.00 4, 729 233. 12 23, 567 181. 10 11,794 178.43 10, 255 13 i. 9 137. 8 121.6 131.5 133.7 136. 5 124. 5 129. 2 209. 40 14,468 j 206. 89 13,020 238. 71 27,436 160.8 ! 153.6 ;; 138.7 213. 7 ! 156.9 149.2 137.9 209 1 186.1 193.5 141.4 194.4 183. 4 ! 190. 9 140.9 , 18^.9 ; 22 SURVEY OF CURRENT BUSINESS February, 1932 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 v Leather and leather products Iron and steelMachinery „_„„__ Nonferrous metals Paper and paper products Printing _..~ 22 23 . _._.. . . Earlier data for items shown here may be found in the 1931 Annual Supple- Decemment to the Survey ber INDUSTRIAL 25 26 28 32 „ 33 34 36 37 38 40 . - 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... . . _~ „_ 40 41 42 44 44 44 ___ 45 47 48 .. 50 50 ~ - 52 1931 N °beerm" October | Se^m' AugUFt 1 July 1930 June May F April | March = ^™' . January December PRODUCTION Federal Reserve Board Total, unadjusted rel, to 1923-25.. Tota1 adjusted rel to 1923-25 Manufactures, total unadjusted rel. to 1923-25.. Manufactures, total ad justed.. rel. to 1923-25.. Automobiles - rel to J923-25__ Cement rel to 1923-25 Food products rel. to 1923-25 _ Iron and steel rel to 1993~25 Leather and shoes rel. to l923-25_. Lumber rel. to 1923-25 Nonferrous metals rel . to 1 923-25. 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 i9'-)H f ^5 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 19''3-25 Bituminous coal.,---rel. to 1 923-25. Copper ...rel. to 1923-25., . Crude petroleum _..re!. to 1923-25, _ Iron-ore shipments .rel. to 1 923-25., Lead rel to 1 923-25 Silver .rel. to 1923-25.. Zinc rel. to 1923-25.. 67 71 65 69 64 §938 85 30 60 2 79 : 72 2 71 2 70 36 2 2 64 90 4a 30 62 166 43 2 t.r; 84 114 110 79 282 83 284 ' 66 71 G4 67 - - - - """2*122*:"" --48 46 11 61 : 2 42 : 75 73 72 71 26 73 01 43 82 65 99 79 52 '• 289 289 51 104 40 2 65 105 165 72 40 283 1-f^ 46 97 38 65 104 161 53 93 112 89 85 01 71 "lie 42 40 47 100 ( H8 S2 77 65 70 60 102 51 2 65 40 49 i i : ' i ! ! : I : 90 : 100 ; 118 ! 82 79 til TO 59 107 ! 59 ; 266 , 244 49 80 S3 79 : 83 61 295 88 59 101 44 65 109 162 91 112 102 122 85 84 57 74 m 122 55 62 42 49 83 | 84 ! 82 ! 84 ! 65 i 298 ! 83 ; 64 i 2 LOO i 49 ! 68 i 2109 ; 161 ;; 91 12fi i 97 ! 133 85 85 66 74 67 122 46 258 48 54 89 ;; 89 90 89 2 78 96 93 72 : 107 < 50 73 113 ' 163 112 123 , 101 137 84 86 71 75 68 122 27 75 51 54 90 89 91 89 77 90 96 75 102 49 73 110 161 117 107 93 134 ; 83 92 84 '• 77 69 121 0 2 CO 54 ; 61 78 82 76 80 85 83 89 59 81 50 85 2 98 149 65 73 87 128 89 94 93 85 76 111 0 289 71 68 87 86 88 85 68 80 92 91 87 67 2 82 87 78 • 92 : 50 «76 110 152 119 98 97 131 82 87 79 U10 149 11! S4 93 (32 84 76 70 112 0 2 70 63 65 110 0 i 79 261 65 2 Industrial Consumption of Electrical Energy Consumption by geographic seetio United States _ rel. to New England.. r e l . to North Centra] re). to Middle Atlantic .....rel. to Southern rel. to Western ,___ ...re!. to Consumption by industries: All industry.-. rel. Automobiles, including repair parts I rel. Electrical apparatus and equipment rel. Food and kindred products rel. Leather and its products,_.rel. Lumber and its products._rel. Metals group ..rel, Metal-work ing plants__rel, Rolling mills and steel plants._ rel. Paper and pulp _rel. Rubber and it? products...rcl. Shipbuilding __ __rel. Stone, clay, and glass rel. Textiles..., ..rel. 1 Revised. 1923-25.. 1923-25.. 1923-25—! 1923-25.. I 1923-25.J 1923-25._! 100.4 : 97.0 j 92.6 | 104.0 ! 113.8 j 102.3 I 100.4 97,3 89.9 90.0 99.5 112.8 108.8 i I ' ! I 97.9 100.0 92.1 95.7 117.5 96.8 101. 7 98.4 102.7 91.5 114,3 106.4 109.8 104.4 109.2 101.3 118.2 119.1 106,4 109.4 105.0 97.6 108.6 ; 114.0 ! 130.6 i 120.0 | 108. 2 105. 8 105. 7 102.8 117. 5 115. 7 97.6 90.2 ! 100.2 ! 96.6 105.8 i 111.0 09.1 86. 3 99.0 97.5 11 o.4 99.9 110.3 i 97.6 ! 99.1 67.5 , 71.5 73.3 102. 3 97.8 110. 2 117.0 84.3 99.0 100. 6 89.8 110.3 105.5 109.0 108.0 j ! ! i i 97.3 j 97.9 101. 7 109.8 106.4 ; 108.2 I 43.6 | 55, 9 71.3 89.7 90.8 94.1 129. 8 i 142.0 ! 128. 0 \ 146.4 i 79.4 i 75,0 i 73.3 i 1?>0. 8 136.2 85.4 86.3 81.5 78, 6 132.0 126.8 81.0 97.2 88.5 94. Q 136.7 122.0 83.9 91.5 99.5 94.6 ; ! I i !l 124. 3 116.8 71.2 93.2 112.2 103. 5 149.0 : 112.9 j 82.2 i 76.2 ! 75.0 | 130.1 147.0 83.8 76.9 74.5 69. 3 84.2 ! 114. G i 112.3 | 144.7 118.3 ; 71.6 ! 82.6 97.4 95.0 ; 83.1 194.0 97.4 82.0 104.8 98,2 86.6 112. 4 121. 0 84.8 118. 7 100. 5 106. 8 135.1 122.3 89.7 132.0 103,7 108.1 < 109.6 i 109.0 92.5 116.5 100.0 S 119.4 123. C 109. 8 98.3 105.1 97.3 116.5 127.0 122.0 114,8 102.6 99.3 103.4 i 111.8 106.5 113,9 75.3 ; 86.4 i 81.9; 78.3 138.3 88.0 88.9 113.9 98.7 77.1 ; ! ! j 78.0 ; 121.7 i 98.5 ! ! I 85.6 ; 105.9 95.0 i 76.1 i I I ! ! i i SURVEY OF CURRENT BUSINESS February, 1932 23 MONTHLY BUSINESS STATISTICS—Continued 1931 Earlier data for items shown here may be found in the 1931 Annual Supplemeat to the Survey T> , \^~ November 1930 1 October S »! A u g u s t ; July 47. 8 | 45. 5 . 141.6 : M37. 0 106.7 i 111.5 ; 166.8 1 155.3 48. 1 133.5 1J5 4 146.5 Febru- January ary December May April 52.9 US9.0 118.0 154. 2 2 56. 7 60.4 * 143. 5 118.4 161.7 60.5 58.2 150.4 118.8 173.2 61.8 49.8 152. 9 119.0 177.4 61.0 51.2 1*6.0 118 8 182.8 61.8 48.7 163.3 120.1 194.5 61.8 95.5 86.9 80.7 82. 8 89,1 83. f> 95. 9 88.2 82.0 84.9 90. 6 84.1 96.8 89.1 83.2 SO. 5 92 £ 84.6 W 8 89.fi 84.4 86 9 92.7 Hfi 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 June March STOCKS AND ORDERS New orders, total Stocks, total Manufactured goods. Raw materials . Unfilled orders to f al rel. to 1923-25 38.9 rel. to 1923-25 I 166 2 29 169. 4 rel. to 1923-25. J lOfl. 4 - 105.0 rel. to 1923-25 i 209. 5 2 215. 9 rel to 1923— **** 42 0 44.3 2160.2 2103.2 2 201. 3 2 56.0 133.6 116. 7 14o. 7 COST OF LIVING All groups Clothing Food Fuel and light Housing Sundries . - rel. to 1923 ...rel. to 1923.. i rel. to 1923. J, rel to 1923 -__rel. to 1923.. rel. to 1923.. 83 1 73.8 78. 2 ( )0 3 78. 5 94. 2 83.9 74.2 79.9 90.5 79.3 94.3 84.9 75.4 81.5 90. 5 80.3 94.6 85.6 78.5 81.7 90. 1 80.7 95.4 70.2 58.7 71.0 70.3 58. 8 73.3 71. 2 i 60.5 ! 73.7 1 72. 1 , 63.5 74.6 72. 0 64.9 i 74.0 \ 72. 1 65. 4 73.3 ! 73.2 67.1 73.8 74.8 70.1 76. 3 76.0 70.6 77.6 76.8 70.1 78.0 78.2 73.1 80.7 79.6 75.2 82.4 76.2 76.1 I 69.4 76.1 75.6 67.8 77. 0 j 76.3 i 67.4 j 77. 6 ! 76.9 : 66.5 78. 1 i 78.9 i 62.9 1 79.3 ' 79.4 62. 9 80.0 80.5 65.3 81.5 81.3 65.4 82.5 82.9 68.3 82.5 83.3 72.5 83.8 84.5 73.3 84.8 85.6 74.0 81.6 82.5 85. 0 i 88. 7 SO. 4 88.0 87.6 87.5 87.6 86.9 88.7 91.4 80. 9 82.6 62.2 1 68.7 j 81.0 82.8 63.0 60.6 82.7 83.9 64. 5 68. 2 j j i | 84.9 83.9 65. o 68. 3 85.7 SJ.3 66. 5 09. 7 86.4 84.4 60. 6 69.7 86.8 85. 0 67. 4 70.5 87.9 85.7 68.2 71.5 88.0 86.4 70.0 72.0 88.1 86.5 70.9 71.5 88.3 86.9 71.3 72.2 88.8 87.9 73.7 73.5 71.8 73.2 62.0 i 71.4 73.7 61.5 72.0 1 74.0 ! 62. 7 | 72.3 74.6 64. 1 . 71.8 74.0 i 64. 3 71.9 74. 0 64.7 73.2 75.1 66. 5 £1 6*. 3 75. 6 78.4 69.4 77 1 79.3 7V. 6 77.8 80.5 72.9 79.0 81.9 74.2 64. 4 01. 2 7-1. 4 64.7 62. 6 74.4 66.3 ! 64. 2 I 72.3 | 68.3 65. 7 75.1 0^.6 C8 0 77.2 6S 5 67.9 77.7 68,9 66.9 77,3 71.1 69.0 79.2 72,2 71.4 80.9 72.. 3 71.0 81.4 73. 4 72.0 82.7 74.3 73.6 84.7 • ! ;• i ! 1 85.9 7S. 6 81.9 89 6 81.5 95.5 85.9 78.6 81.5 H9 3 82.0 05.8 85.9 79,9 i 81.0 : 89.1 ! : 82.6 PRICE INDEXES Department of Labor Indexes: i Combined index (784) rel. to 1926.J 68.6 Farm products _re1.to!926 i 55.7 Food (122) rel. to 1926__![ 69. 1 Industrial group commodities — Building materials (86) - -.rel. to 1926— j 75. 7 Chemicals and drugs (89) .rel. to 1926—! 76. 1 Fuel and lighting (24) rel. to 1926- J 68. 3 Hides and leather products (41) I rel. to 1926- j 79.8 House furnishing goods (60 i rel to 1926 1 78 5 Metal and metal products, rel. to 1926. 82. 2 Textile products (113) rel . to 1926. - ! 60. 8 Miscellaneous (52) rel. to 1926— 66. 8 All except farm ami food products (384)*., .rel. to 1920.. 70.4 Finished products (380)*.. re] . to 1926.. 71.0 Raw materials (108)*.... rel. to 1928... 60.2 Semimanufactured articles (62)* _._ „ ' re!, to 1926 i 62 2 Bradstreet's Index re"! to 1926 59 8 Dun's Index. . reS to 1926 j 74 ti WHOLESALE PRICES '. i Acstate of lime dolls per ewt i 2 00 Aluminum No. 1, Virgin 98-99, New York .dolls, per lb..i .2290 Aluminum, scrap cast, New York-dolls per lb_. i . 0040 Barley, No. 2, Minneapolis ...dolls, per bu_. ! .51 Brass sheets, mill ... —dolls, per ib.J . 130 Brick, common, red, New York \ . ....dolls, per thons..; 9.750 Butter, common, New York. dolls, per ]b_J . :u Cement, Portland (composite)., dolls, per !b— ;i 1. 310 Cheese, American whole milk, New York ....dolls, per Ib.J . 11 Chemicals, . „ . _ „ . _ rel. to 1927,. v;, Coffee. Rio, No. 7, Brazil prades.dolls. per i b - j . 0:0 Copper ingots, electrolytic..... ..dolls, per lb._ . 0 .& Coal: Anthracite— I Ketail, composite-dolls, per short ton . . | i i. 07 Wholesale, composite ...dolls, per short ton.. i 13. 100 Bituminous-Mine average (spot) i dolls per short ton ! Prepared sizes (composite) j dolls, per net ton 'i 3 953 Retail, composite dolls, per short too ' 8 19 Wholesale, composite j .'.. dolls, per short ton..! 3.701 Coke, furnace, Cormeilsville { _ _ dolls, per short ton • 2 34 Cocoa, spot, Accra, New York. .dolls. p e r l b _ _ i .0425 Cora: 1 No. 3, yellow, Chicago dolls, per bn ! .37 No, 3, Kansas City -dolls, per bu._ .317 No, 3, white, Chicago dolls, per hn i .38 Cotton: To producer____ _ dolls per Ib ! 055 In New York, middling. . . dolls, per Ib.J .. . 003 Cottonseed oil, refined, yellow, "i prime, New York.. dolls, per lb_.j . 042 Cotton goods: j Print cloth 64 x 60...... dolls, per yd..! . 034 Sheeting, brown,.., ..dolls, per yd_.l .044 Cotton goods (Fairchild) .rel, to 1911-1913.. i 85 Cotton yarns: j 22/1 cones, Boston .dolls, per lb..j .181 40/15 southern spinning dolls, per Ib.J . 295 Drags and Pharmaceuticals ..... . ....rel. to Aug., 1914..! 157 Drags, crude „. rel. to Aug.. 1914— ! 116 Essential oils rel. to Aug., 1914— | 59 Fiaxseed, No. 1, Minneapolis.dolls. per bu__ 1 1.43 Flour, see under wheat flour. 1 Food, wholesale, see under individual items. J Food, retail (Dept. of Labor) rel. to 1913 ' 111 3 Hides: J Green salted, packers' heavy native steers.., . .dolls, per Ib.J . 078 ! Calfskins, country, No. 1.. ..dolls, per lb..| .078 j i 2.00 2.00 2.00 2.00 2.00 ?. 00 2. 00 2.00 2. CO 2, 00 2. 00 2.00 . 2290 .0388 .51 .130 . 2290 . 0303 . "-J .130 .2290 | .0400 j, .50 .152 . .2230 .0400 , .45 .154 .22^*0 .0424 .42 .157 . 2290 .0438 ,39 .158 , 2290 . 0438 .45 . 165 ,2290 ,0488 .48 .172 .2290 , 04SS .44 .174 . 2290 , 0517 .44 .171 . 2290 . 0525 .44 .173 . 2290 .0601 .47 .178 10. 00 10.00 .?4 I. 318 10.00 ,33 1.331 j 10.00 .28 1.331 10.00 .25 1.331 10. 00 .23 1. 364 10. 25 .24 1.399 10.25 1 .26 ! 1.422 ! 10.00 .29 i 1.477 10. 00 .28 i 1.543 | 10.00 .29 1. 578 9.50 .32 1. 580 .17 86 .058 .0690 .16 8fi .050 :. .0729 .15 88 .063 .0770 .14 88 .068 . 0803 .14 89 .001 . 0867 .15 90 .053 .0939 .16 90 , 056 . 0985 .16 i 89 .064 .0972 ! .068 . 0984 •$, .18 93 .070 . 1030 i. o?0 . in N, .0 : . 0(MU 86 .0'8 . OC78 I- L I'M 11 &7 13.083 1...C33 ! ! • ; 14.93 I j ;• i | 14,73 14.59 14.31 14. 19 14.39 14. 85 12.796 13.0S3 12.614 12. 413 12. 270 12.202 12. 608 1.4.85 | 12.732 14. 88 14.89 12. 732 12. 751 1 c8 1.56 1.60 1,64 1.00 1.77 1. 77 1. 77 3.954 , 8 2? 1 62 1 3.954 ! 8.17 l 1 F>% 3. 962 8. 23 3.907 8.11 3.85(5 8.09 3.816 8.00 3. 338 8.04 3.845 i 8.46 | 3.999 8.7, 4.223 8.83 4. 270 8,87 4.317 8.94 3. 705 3.703 ; 3.705 3.704 '. 3. 7G6 3. 692 3.723 3.760 3.791 3. 814 3, 829 3. 898 2.38 . Oi94 2.45 . .0475 2.45 i .0463 ' 2.45 .0525 2.45 .0581 2. 45 . 0563 2.48 .0494 2.50 .0535 2. 50 . 0550 2. 55 .0019 2. 55 . 0675 .43 .46 .43 ! ,42 ; ,46 .44 ! .57 .53 .58 .58 ;*Q .56 i .52 .56 .58 i .53 i .58 I ,60 .54 ! .60 2.53 ; .0563 i i .61 ,54 ,63 .65 .59 . 68 .69 .66 .73 .085 ,093 .077 .090 ,088 ; .093 i .093 .102 ] .096 ! .109 ; .091 .110 . 08(5 . 102 .087 .101 ,38 .40 .39 | .46 : .45 .49 .001 .005 .053 .047 .045 I .044 .059 .069 . 008 ,069 ! .076 .076 | .073 . 073 .072 .030 .047 87 .038 • .046 91 .041 ; .050 ! 95 ! .043 .052 100 .049 .056 111 .048 .054 112 .050 1 ,058 ; 115 ,053 I .059 I 119 ! ,055 I .059 ' 121 1 . 053 .065 119 . 052 . 062 120 .053 . 065 122 . 1 92 .312 .189 .315 .201 i .326 i .212 .336 .225 .352 ,215 .352 .223 : .353 i .231 i .369 ! .240 j .382 ; .239 ! .390 | .248 . 390 .247 .390 157 118 • 65 1.32 ; 157 : 118 : 70 ! 1.37 i 157 ; 11.8 70 1.41 157 118 77 1.64 157 128 77 1.48 157 ; 160 131 82 1.5? 175 131 i 80 L n6 175 133 81 1,57 175 137 85 1.61 127.0 ! 132. 8 137.2 .073 .117 . 095 .125 .107 .144 1.57 117 61 .064 ; 110.7 119.1 1 .082 . OS.J ,077 ; .083 i .059 i .065 I 119.4 .090 , 09» .003 .072 ; 119.7 119.0 113,3 ; .113 .129 .120 , 139 .100 .129 * New index based on 784 commodities not available. 130 79 ; 1.55 121.0 .085 i .129 ! \ ! i ; 124.0 .092 .135 l 3 Revised. 174 130 81 ; 1,58 ; 12G.4 .090 .128 ! 24 SURVEY OF CURRENT BUSINESS February, 1932 MONTHLY BUSINESS STATISTICS—Continued 1931 Earlier data for items shown here may be found in the 1931 Annual Supple- Decem~H October Se ment to the Survey ber bT1 1930 [ Augusl July June WHOLESALE PRICES-Contiaued Iron, raw: Basic (valley furnace) .dolls, per long ton-- 15.00 15.82 Composite pig iron dolls, per long ton._ Foundry No. 2, northern dolls, per long ton _ 17.46 Lard, prime contract, New York... dolls, per lb_. .060 Lead, pig, desilverized, New York _. dolls, per lb.. . 0379 Leather, composite, wholesale price rel. to 1926__ Leather, sole and belting, oak, .32 and scoured backs.. dolls, per lb._ Leather, upper, composite, chrome, .320 calf black, "B" grade dolls, per sq, ft.. Leather, hides (see under hides). Leather, shoes (see under shoes) . .071 Linseed oil, New York,.., dolls, per lb_. Lumber: Douglas fir, No, 1, common.,..dolls, per M ft. b. m_. 11.09 Douglas fir, flooring, 1 x 4, U B " and better (V, G. Washington) dolls, per M ft. b. m._ 23.51 | Southern yellow pine ...dolls, per M ft. b. m._ 26. 31 ! Meats: Beef, fresh, carcass, good .157 ! native steers, Chicago. ....dolls, per lb_. Beef, fresh, carcass, steers, .172 New York. _dolls. perlb_. i Cattle, corn-fed, Chicago-dolls, per 100 Ibs . . 9. 344 4.22 Hogs, heavy, Chicago-dolls, per 100 Ibs.. j 2.00 Sheep, ewes' Chicago dolls, per cwt._ i 4.89 | Sheep, lambs, Chicago dolls, per lb_. Pork, hams, smoked, Chicago dolls, per lb._ . 153 Western dressed steers, New York .172 ' _, dolls, perlb., j Methanol: . 35 ! Ref<ned dolls, per gaL. i 4.75 s Milk, condensed, New York. .dolls, per case.. 3.00 j Milk, evaporated dolls, per case.,. ! Nonferrous metals.. .,_„._. .rel. to 1920.. Oats: .25 : No. 3, white, Chicago.. dolls, per bu_. 49 : Oils and fats . ___.rel. to 1927.. Oleomargarine, standard, uncolored, .134 Chicago ..dolls, per lb._ Paper, newsprint, rolls, destination, New York dolls, per short ton.. 50. 500 Petroleum: .710 Crude, Kansas-Oklahoma-dolls, per bbL. Gas and fuel oils, Oklahoma 24-26, refineries dolls per bbl Gasoline, New York dolls, per gaL_ .128 Kerosene, 150° water white-dolls, per gal..,) . 044 Lubricating oil cylinder dolls DQr gal ' i Pig iron, foundry No, 2, Pittsburgh _ .dolls, per long ton. „! 17. 46 .457 Potatoes dolls, perbu.. Rayon, 150 denier "A" grade, New York dolls, per lb_ 3! 61 Rosin, gum, New York dols. per bbl._ Rubber, crude, smoked sheets, . 046 ! New York dolls, per Ib i .45 Rye, No. 2, Minneapolis dolls, per bu~ 2.00 i Sheep, ewes, Chicago dolls, per 100 Ibs.. Sheep, lambs. Chicago doll, per 100 IDS. !. 4.89 ; Shoes, men's black calf blucher, Boston . dolls, per pair.. 1 6.311 ; Shoes, men's dress welt, tan calf, 4.35 ; oxford, St. Louis dolls, per pair.. Shoes, women's black kid, McKay sewed dolls, per pair . 3.000 I Silk, raw, Japanese, 13-15, New 1.970 ! York dolls, per lb_. ! Silk goods, composite dolls, per yd. Steel beams, mill, Pittsburgh.dolls. per cwt- j ~ ~ ~ " I . ~ 6 5 I Steel, crude: Composite, finished steel 2. 16 ! .dolls, per 100 Ibs j Iron and steel, composite dolls, per long ton- ! 30. 32 Steel billets, Bessemer.dolls. per long ton. J 2o.bO Steel scrap, Chicago__c!olls. per gross ton. .' 7.800 1.09 Structural steel beams. dolls, per 100 Ibs.J M. 7 Structural steel beams rel. to 1928- .1 Sulphuric acid .dolls, per ton- .! . 15.50 Sugar: 100 Retail average, 51 cities ...rei. to 1913. .051 ; Retail granulated, New 1? ork.dolls. per lb. Wholesale. 96° centrif., New .032 York -. dolls per Ib ! Wholesale, granulated, New i York dolls, perlb..; .042 ' Tea, Formosa flue, New York__dolls. uerlb._! .217 ; Textiles, general rel. to 1928.. j 60.8 : Tin, wholesale, straits, i New York ..dolls, perlb..[ .2135 : 2 Revised. May April F March ^ January December I 15.00 i 16. 02 i 15.25 16. 23 15.50 ! 16.32 j 15.50 16.38 15.50 16.38 15. 50 16. 40 16. 25 16. 64 16. 50 I 16.75 16. 50 ! 16.72 i IS. 75 16.82 17,00 16.94 17.00 17.01 17. 76 18. 39 18.76 | 18.76 18.76 18.76 ! 18.76 18. 76 ! 18. 26 18. 51 18.76 18.76 .071 .080 .075 ! ,075 .082 .083 : .082 .090 ; .094 .085 .090 .100 .0394 .0396 .0440 ; .0440 .0440 .0382 .0441 : .0453 i .0455 . 0480 . 0510 78.8 ' 80.7 83.4 90.3 89.8 87. 8 : 88. 1 88.4 i 88.4 89.0 90.8 91.5 . 32 1 .35 .40 .37 .37 . 37 .37 .37 .37 .38 .40 .323 1 .330 .337 .348 .350 .352 .356 .356 .352 .354 .359 .075 i .073 .076 .083 .091 .086 ^ .088 .092 , .095 ; .092 .088 .092 12.82 12.99 .39 \ .0392 : ; 25.48 ; ! ! 28.33 29. 74 31. 14 31. 65 31.33 31. 73 28. 15 '. > 28. 82 28.32 29.66 28.42 30.73 32. 51 .195 .195 . 205 10. 00 7.34 3.44 7.98 .205 10. 58 7.94 .293 .740 27.68 25.63 ; 25.98 i 25. 76 21.35 ! .175 10.200 4. 64 2.00 4.98 12. 86 27.82 10.97 . 164 i 12. 68 ' 25.29 11.27 26.49 12. 12 | 11.25 j 11.21 26.31 : 11.64 10.64 11.23 ; 27.21 , 153 . 148 . 144 .129 .129 .173 9.250 5. 41 1.63 5.70 .165 j 8.656 5.71 : 1.63 ; 5.94 .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 i . 143 . 160 i ! ; ; .155 7.675 6.40 2,44 8.36 .172 8. 563 7.08 : 3.29 8.76 : : . 169 . 178 .180 9. 075 7.18 3.79 8.27 .196 9. 106 6.73 3.69 8.31 .172 . 182 .186 : .185 .173 .174 ; .182 .184 .187 ,195 , 207 .213 .175 . 173 .165 .158 . 145 .145 | .155 .172 . 180 . 196 .205 .205 .35 4. 75 3. 00 53. 5 .35 4. 75 3. 00 53. 7 .35 4.75 3.00 . 56.8 i .35 5.00 I 3.00 ! 58.0 I .35 ; 5.65 i 3.10 i 59.4 .35 5.65 i 3. 20 i 68.9 i .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 67.4 .40 6.03 3.80 69.7 .21 62 .23 68 .27 i 64 I .28 68 .30 72 .32 6S .32 71 .34 73 .26 51 . 23 ! 47 .22 i 51 i .119 .105 .106 57. 000 57. 000 57.000 57.000 57. 000 . 710 . 560 .560 .143 . 041 338 .143 . 039 •319 • H3 -039 17. 76 2 . 453 18. 39 2 . 458 18.76 . G01 18.76 i . 767 1 .75 3. 96 .75 3. 80 . 75 3. 87 , 75 3. 94 j .046 .51 2.00 4. 98 j . 050 . 41 1.63 5. 70 i .050 .39 1.63 5. 94 6.311 ; 6.55 4.35 . 133 . 127 .110 .31 71 : .145 .128 .145 57. 000 \ 57. 000 57.000 i 57.000 .155 .177 1.90 57. 000 57. 000 62. 000 .434 .238 .300 . 530 .530 .594 .850 .850 \ . S50 .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 18. 76 .825 18,76 ; .753 i 18.76 .870 18.76 . 908 18.26 . 849 18.51 . 867 18. 76 ; .903 ; IS. 76 .75 4.28 j .75 i 4.68 .75 4,70 . 75 4. 73 . 75 4. 64 . 75 4. 38 ! .75 | 4.45 | .95 4.95 .054 i .38 1 1.98 i 5. 95 .063 1 .37 1 2. 56 i 6. 06 i .063 .37 1,55 I 6.98 ! .064 .36 2.44 8.36 . 064 .35 3. 29 8.76 . 077 ,36 3. 79 8.27 . 076 .37 3. 69 i 8.31 6.75 6.75 | 6.75 6,75 ; 6.75 6. 75 6. 75 6. 75 .082 .38 ii 3.44 :; 7.98 •1 i| 6.75 4.35 4.35 4.35 4.35 4.49 4.60 4. 60 4. 60 4. 60 4.60 3. 150 ! 3. 150 : 3. 150 ! 3. 150 3.150 3.250 3.250 | 3.250 ] 3.250 3.250 j 3. 250 j i 3. 450 2.315 ; .98 1 1- 60 ! 2.20(5 .93 1.60 2.315 .98 : 1.60 2.512 .98 1.60 2.364 i .98 ! 1.85 2,463 i .99 ! 1.65 i 2.266 \ .99 ; 1.65 1 2.266 i .99 1. 65 2.561 .99 1. 65 2.709 1.00 1 1. 65 2. 807 J.02 : 1.63 ; ;! 2. 709 1.02 1.60 2.22 2.23 2.22 2.22 31.61 31.66 30.00 30.00 9.813 10.000 1.65 1.65 84.3 ! 84.3 15. 50 i 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 ! ! 1: i 31.76 30. 60 10.000 l.GO : 2. 18 ! 2. 13 2. 20 2. 19 2.20 2.19 30.61 29.00 8. 000 1.60 81.7 15.50 ! 30.81 29.00 8. 000 1.60 81.7 15.50 31.03 29.00 8.200 1.60 81.7 15.50 31.05 29.00 8.375 1.60 81.7 15.50 31.05 29,00 8. 750 1.65 ! 84.3 ! 15.50 ! 33.02 29.00 8. 750 1.65 84.3 15.50 ; ! ! 102 i .052 102 1 .052 i ! ! i i 101 ! .052 ! .034 .034 .034 ! ! i ! 104 .0:>3 102 ! . 051 : .035 i .035 : 2.21 1 ! ' \ ; i ! 31.39 29.50 8. 875 1.65 84.3 15.50 i ! ! ! \ j 102 .050 : 104 .050 i 102 ,050 i 106 .051 107 .053 ; : .172 .sys .089 .44 2.93 7.40 6.75 4.72 2.19 ; 81.7 j: 15.50 107 I .053 j 107 .053 .033 .032 ! .033 .033 .033 | .034 .033 .044 ! .225 ! 62.2 i .015 .225 63.0 ,045 .225 ' 61.5 | .046 I .225 i 65.5 .046 .225 ! 66. 5 1 .044 . 225 66.0 , .043 • . 225 : 67.4 044 .225 ' 68,2 ,043 .225 70.0 .045 .225 i 70.9 j .2281 ! .2276 i .2-; 58 1 ,2575 ! . 2502 .2341 i .2320 1 .2512 ; .2707 .046 ! .225 71. 3 . 2010 ij , 7377 «>--.-, . 2ol:/ ! .2631 .046 SURVEY OF CURRENT BUSINESS February, 1932 25 MONTHLY BUSINESS STATISTICS—Continued Earlier data for items shoirn I^ere may be found in the 1931 Annual &«*.</>/*"merit to the Survey ft HOLES 4LE JPJUCES--1 uaLnuaa Turpentine gum, New York iiuUi ptr £ -,i Wheat No. 1, northern spriag, Minneapolis. _. _dcils, per UiNo. 2, red n inter, i- 1. Loaib __ doll" p T b a . No 2, h ir<! viator, K a n s » 8 i i i 3 ._ dolls, IKT ha ^ lif at Hour. S*andnrd patouts, Mlnnecipol'S. _ uoi<- [>M bbL Vt inter simiuhts Kans'tS City __ „ -_doiu ret v )Li~ Wool: R w, terrJioiy, F<r,9« voure'i dolls j.vr lo_ L i f V , O h o an 1 Ponas/KrtTiM tlee(ts, ,'{ hloo i, oomomg tTr<\ibe--. , A 'It yer ib.», Suiting, 1°. ot. -- <V)i u e i > a Vv oiupf.'s rif« ss Broods, I tench -true. 51-in . 'U, f K'toz^ _. <toIK per 3-1 _' \\ 'ir-te 1 > Airis _ . .__ . i t>u? i / * r i ^ „ 1931 'ller 11 | NC ber ri < v t j M r ^Ler^" ^^st July C 3M 0. 40 '• 0. 36 ; 0, 37 0, 36 .T, .80 : .71 ' ,69 .85 o; J32 .52 j .17 .47 ">- .59 i .48 ,48 .43 | 5 "1 4.8^ ; 428 . 4.24 , 4.21 j ^ ^ 3,03 i 3.10 ! 2.96 : 2.98 | * fo .K2, . 63 ! ^ 1 100 .'2i 1400 2? J.4'K) .23 ' 1. 490 t . "s 1 J. iOC f . '^o • i»5j St 9. 2A .>W *'\tt JIT FRIC E3 Cotton ifiiJ cot'on«ee«' t>K .101. *o 1"0(> i-i . ^ f'5 Dairy iiid { i»ulu\ products (t; r»i. r«> l^f^-lt <'l' 102 Fruits '\nd '.oj/^i .! 1*"- so . ret. {o I'1* '*-H_ l>s rp Gr,ii!S V), .. „_ ... . _r«i!. .0 190H-H 5,")' Me it mini 'is u. . . . . -V» v i'* f «) u _ (.* 7f (Jncl i^iLt* i (o) _.. , . - __' i eS tt ilrtj^-.i 4tf 51 All grouL'^ '2f . -< t '/ * *> J-> 4 . t>( 7! HKTAiL PRICKS 1 l Ret alfoG<nrJ«"i (Oe-rt .-»( 1 .bui _rel *o 1 .ir_ -l J 110.7: Retail < o .1 *r)<ie 0-»ept. of L si <^ ' m. u l.«n iv< 3 189. 1 ; 11 K PL AMES ! Deliveries, military number • i Export A, dur'ng month __ _ . . nuu^ter. ; Pioductioa. I ; Ooiunierciul aircruft Ti'iiiiNpr : Manufactured for export niij'ibor - - -AUTOMOBILES Production maei (Fed. Ret>. Hd.) | _ . „ . rel. to 1P23-25 61 5 35 ; Production iuaex (0% t. eneigy '-onsumed) rel. to 1923-^.) 7^. 1 65. 5 ; Passenger cars and trucks: : Production, actual— C in(.i laTot \l . no. of e,rs__ 2, i-L 1,247 4( P is. (Tiger L trs ,, ._no of c.»rs „ > ^5^ T^Rkl _ _ ,_J1G, "/ v.'irb_ ?,<^1 UUnited MJes Tot J no of i* i r s 1JJ ~ J \ ^ ^"M Pd^eugei c.iio no. ot C ) i s <j 9f>,7co *S, 1-") Titix;i''<ibs DO o^ c<ir') 1, H4 9ii4 Tnifks _ __oo. of tc*rs__ 23,<V6 "J.o?<3 Electric indastrmi tricks nnd tmctors. Shipments— I^oropstiP „ . nuriber 21 ' 19 i Fiport*- _ _ _.. _ . aurnbor 1 2i Auto'?, parts and ac'osvorios, '^port vnlue t'lous of dolls 7,925 | 5,548 Exports ('tss^mhlf d^, Jf r"i'i (^atjfi'Lj Totii „ iiO of cars 211 39S i Pas«-enKpr f*Hi , no nf ctirs« . li. i 275 ' T r jck«j . oo. of oirs 97 123 i r FroiLi f iuted R^otfj Total 11 ._ _. no c«f pars . 9 , 0 ^ 6 ; 3,112; f Pa^enfe* car**.... «__ ..no o cars 5,7^ 1,928 ; Trucks ._ , r o of tar* n, -iW i 1, 184 | 1 Financing: United Kiate^ — W n-, «- "iJe dealers ...fhou^ of dolls 29, 257 ' 15, 743 Total consumers then*} of (li^P 50,400 I 48,659 New CIT-^ . „ thuiis. of dcjjh 27,313 i 25,431 D^ad r^r^ th^us of doi>3 21,880 21,945 ; raclastitied- . _>..._.»hoa^. o'dojls 1,207 1,283 I Canada— Totnl new and u^ed cits aadtrucK^_, .. .tuoa-* o' d^Sl5- - - 2 130 Nsw ear» and tracks thous of dolls 970 IV d C!ir» . . . . . . thous of djlh , 1,151 New passenger car, re^istr^tioas . .,. _. no ,»f Ci4is. ' - - _ 75,^29 Sales (Genoral <Motors '''orp ) Total to con sii T iit'» % 3, IT. 3 _ . _ _ no of c^r?.. f,3.5s8 34,673 Total to rlt dlera, 1) S . no. of ^ar-? 6S,o50 23,716 ! Total to dealers Tic'udmg <~"anadi in ai-d | overseas . . _ . . _ uo <jf cw^, \ 70,529 29,359 Fire oitincMhshintj i*j pui^i* bipm^nt" ! Mot 0s* vehicles, _ "ni^bef 7C 58 Tjnad tyjv>s_ _ . . . _ „ n'i'h^^r. ' Ut,4-J/ 20,624 ; i* ccesso^t^ an i parts, -hipiii^nrs ' Apce^soni^ ... rei to Jan , J'i2", ' ._ ._ . ..„...' Original equipLn-nt... _rel to Jan., 192 » - _ __ ....,„-_.; Replacement parts . _. rei to Jan , 192 j .. .. . ...„„..Service part*?. __ «. . rel to Jan . 192o .. _ _ _ . 638 ! Rim product^ n .„ ^, m .,,_,»thous. ofrjros Kevised, ! 4" ytt 70 4« 7» S3 ^-^ 17 ao S! 50 S< ftfi 7? IW.i i 180, 1 | 119,4, 188. 7 : 26 57. 4 ; .76 .75 .76 ! . 80 .78 .79 .78 ' .83 . 73 ! . 73 .70 .69 .69 .71 4.75 4. 85 \ 4. 71 4.67 4.85 4.96 4.89 4.12 4. 14 ; i. 02 4.00 4.06 4.09 4.03 . 02 .63 i ,65 .66 .66 .68 .72 ,20 1,494 .20 i 1.494 i .22 1.494 .22 1.543 .23 1. 601 .26 1.601 .27 1.601 : 1.050 1.10 .0404 I. 050 1.17 . 0410 . 44 j -68 4. 13 i 3.84 . 62 • .21 1,494; 1. 050 1.00 .0-100 1. 050 1.10 . 0401 71 84 110 57 92 58 79 65 86 114 67 91 59 SO 74 : S7 : 119 74 99 P-2 S3 78 96 120 74 106 63 91 80 99 109 74 106 65 91 76 95 109 75 106 67 90 ; 1210 181.8 126.4 187.7 127. 0 187.6 7 j_i_ ! ! gg U ' ^O |g ' jgQ 18 I ' ; ; 12 1.0 179,4 119.0, 118.3 184, 3 180. S 52 43. 8 ' 4 544 3,426 ! 1,118 : 8,492 j 8,658 37 13 j 10,651 630 i 470 1 154 j 690 ;! f47 i33 ] 740 ! 542 i 198 j 7,707! 3,207 j 4, 500 i i 8,748 : 4 577 4, 171 ; ! 8,055 5, H99 l 2, 350 : 1 '> GU * 2 907 j i'39 si'^IS 1,375 5 j , 4 ^ 8 102,659 121,903 155,744 49,042 ' fil,74u 69, c76 21,305 i 47,895 j 62,667 25,975 58,122 j : 80 i 37 l 129 ': 69 i 282 ] : 132. 8 188.1 137. 2 188.1 63 8 93 9 74 7 115 12 ! 126 23 21° 1 5 257 21 288 ! 1 I 207 7 185 9 76 7 119 12 j 70 17 65 77 i 77 67 68 90. 8 94,1 88,9 67.5 ! 71.5 12, 738 17, 159 10,621 j 14,043 2,117 ' 3,116 12, 993 10, 483 2, 510 9,871 7, 529 2, 342 55, 9 ! 89. 7 71. 3 ! 4,220 '> fi,835 3,151 1 5,583 1,069 i 1,252 63 15 11,525 ] : 934 ! 644 \ 290 i ; j 4,196 2,102 2,094) 1-4,322 57 i 79 | 124 !i 85 813 i 1 336.939 ! 286,252 ! 665 | 50,022 63 85 6,496 4,652 1,944 5.622 4. 225 1,397 276, 405 219, 910 171,848 j 230, 834 179, 890 137, 805 512 ! 529 410 45, 161 39, 521 33, 531 155, 701 120, 833 1,425 33, 443 33 ! 5 42 9 48 23 84 9 50 6 18,004 18, 494 16, 071 14,353 1, 172 763 409 1,853 1, 327 526 1, 565 881 684 3,054 12,966 ! 16,727 8,468 i 11,228 4,4.98 5,499 17, 528 11, 52ft 6,002 13. 374 9,187 4,187 12.838 8.304 4, 534 72,630 109, 426 68,571 37, 793 3,062 63, 090 92, 055 55, 036 34. 704 2,315 49, 813 66, 181 16, 865 27, 722 1,593 40, 165 61, 734 32, 957 1 27, 245 1, 532 35, 550 65, 967 35, 342 28, 838 1,787 2, 361 921 1, 440 2,197 910 ! 1, 287 2, 954 613 2, 341 69 1 0 | 50 25 14,174 12,755 1, 512 \ 1,083 l 429 1,021 789 232 58, 178 104,898 63.566 37,999 3,133 i 71,194 I 113, 045 70,561 , 39. 564 ! 2,920 ; 2 ! 1,798 ' 1,256 i [ 15, 293 3, 645 2, 193 1,452 14, 198 9, 096 5,102 I 6,317 : 3, 440 1 2,877 | 4,918 2,445 i 2,474 6,254 3. 376 2,878 3,543 1, 890 1, 653 i 265,732 200, 841 134,133 126, 786 96, 054 122,717 i 135.663 136,778 ; 132,629 101. 339 ! 68,976 98, 943 i 80,373 61, 566 76. 681 57. 989 68, 252 111,668 153, 730 | 154, 252 119,195 96, 003 89. 349 80, 008 90 29,696 75 : 72 31,117 i 32,538 69 76 34, 248 : 29, 280 56 27, 713 113 34, 295 46 84 98 92 881 55 64 100 75 567 247,727 201,911 85,054 ! 103.303 78,723 100,270 70,078 1 87,449 06 70 i 127 79 924 317,168 271,135 340 45,688 9.9961 10,183 8.478 i 5,843 3, 518 j 4, 340 j 64 81 ! 72 ^ 28,720 : 28,334 : 29,895 «6 ' 54 i 138 l 67 i 505 ! 73 120 108 80 112 70 97 58 i 11 j - 35, 841 43, 947 48, 859 j \ 68,285 , 79,641 95,953 ! 38,610 46,871 1 59,307 j i 27,581., 30, 493 i 34,136, j 2,094 2, 277 \ 2,509 \ 2, 662 1,3*21 1.3-b 72 : 108 108 77 112 (59 i 94 77 21 ! 39 : 4 j .77 44 15 j40 VP> 187 197 218 ^ a O i °50 640 M), 087 i 155*321 ! 183! 993 210^016 HI ! 104 i 180 360 31, 338 31, 772 i 34,317 40,244 16 i 1 j 0.42 60 ^ i I ; ^ 2 C6 2,108: 538 ! ^0 11° 57,7(4 HI 21, /27 SO 24,729 ,79 .72 .968 1.00 .0372 • 25, 770 50,692 33,196 26,882 1,614 .81 ! . 79 .74 ! .48 .925 1.00 ; ,0331 i 53, 7 1,4 }0 ^t-1 >1> 0. 45 . 925 1.00 ! 1 i i I ! | i 119.7,' 186. 1 | 0.44 0. 53 0. 55 .61 ; 0.54 March . 925 1.00 : 40 1 i I ! April 0.56 0, 39 : ; May June 33 89 97 54 92 00 75 . 92b Mf>0 5 1930 Febru- January Decemary ber 925 I l.OO i . 02."> '^0 (^ ! 81 91 122 102 1,085 ! ! 1 1 61 129 128 ; 117 1,508! 66 127 127 118 1,718 65 ! 117 110 '• 115 1,425 ; 53 95 99 97 1, Oil 26 SURVEY OF CURRENT BUSINESS February, 1932 MONTHLY BUSINESS STATISTICS—Continued 19*11 Earlier data for items shown here may \ be found in the J931 Annual Supple- \ rnent to the Survey j October Septem-i! August ber July 1930 June I May Feb April ! March I [) ^f}11' ™' |January CHEMICALS AND ALLIED PRODUCTS! Production index (Fed. Res. Bd.) j petroleum refining ... 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,, J Stocks, raw material, end o! 1 momh rel. to 1923-25 ,i Chemicals 144 139 3 82 9 146 ft S3 3 132 0 - 124 1 129 3 129 0 132 0 130 7 198 8 1 ' > *^ Rfl 7 87 9 KS 4 91 5 QB 5 IPS 2 107 7 l o j '> 066 4 77" If-, 277 •; oo S40 4 oo 4 1 853 9 f'»4 137.7 78. 9 132 7 79. 4 120 4 117.4 119 2 i'>0 7 9Q 5 85 3 2 1 48° 70 1 119 3 : 161 1 -19 S 5 6 ' Menthanol, refined: Price, wholesale, Nen York <loll». per jrhl -;," Production . . . . .. - gallons . Shipments _ gallons Stocks, end of month . . . gallons . Price index numbers: Crude drugs. rel, to Aug., 1914..' no Essential oils . rel. to Aug., 1914.59 Drugs and Pharmaceuticals rel. to Aug., 1914. _ ' 157 Chemicals rel. to 1927 80 Oils and fats .. _._ _ reL to 1927 49 Plastic paints, cold-water paints, and cnlefmines Sales: of — Plastic paints thous , of dolls Calcimines thous. of dolls ... Cold-water paints thous. of dolls... . Paint, varnish, and lacquer products; Total sales (315 establishments) ._. thous. of dolls. Trade sales thous. of dolls. Industrial sales.... . ., . . . thous of dolls. . Unclassified sales . thous of dolls Sulphur, production (quarterlv).__lons tons. Sulphuric acid * Production short ions Purchases — From fertilizer manufacturers short tons ... .... From nonfertiiizer manufacturers short tons Exports __ - pounds 202 548 Price, wholesale 66° dolls, per ton.. 15. 500 Synthetic dves, imports pounds Wood at distillation plants: Consumption _ _ _ cords Stocks, end of month cords Daily capacity -All plants ~ „ _. cords ._;. .. Plants shut down. .__ ....cords 1 fyn 3 0 > ") lu. 848 ^ i•i i '"50 1 1, 4i 1 •'.SOl ", 000, 1 1' G l.M'6 1 180 i f ' o; 7 12 f;52 i ' 090 8 0°3 "' 00 ?5, 7f 1 ?J, 0 •"•• 1 Ort6 3.9-2 1 107 4, 2^0 5,20. 5 t.'S 5, So2 997 i 0?1 2. 201 .,!«! 1 400 2, 149 11 97", 1? I l l 16 171 i r) 52 3, 528 ]4 OS-1 7 073 27,92'. > 00 oc »•«- , 4. -'7 4, 6oO 1" 13o 15 ;'04 2<J<», 410 183,8.)! so' i >~> 117 i , 191 ] r4, r;:< r.2. 273 "•> n ^'t> isr, *?.'j •»s, ooo 61 2^0 r,d. k«r "I, M.O 122 846 395 322 118 76 118 77 128 77 | 157 157 8Q 62 68 157 1 88 i 64 15, 112 8,802 6, 235 75 92 895 90 772 1 i 4, 709 "15, 176 i 1 18, £G5 ' 18 802 : C 445 8^ 130 81 | 174 ! ; i 133 ' 81 j; 175 1; re • QQ 91 ; no i i 100 : 175 90 175 90 7 '• 71 i 116 447 i i4fi 458 i 153 (?47 \ 134 03^ ^ i*..-- or 13 412 15 967 64 6°0 15. 500 454 16^ 3 006 372 945 15.500 356 108 14 601 8 876 250 775 i 403 °Q8 16. 500 15. 500 399 °13 •5 844 i 310 951 15.500 i KQO 248 22 130 316,530 2J 885 257, 946 15 596 270. 605 12 123 337,017 ! I 364 V2£, 990 2, 505 763 2 505 1 167 2,505 1 315 2 505 1 4Q9 2,505 1 335 19 363 i 24 444 338; 821 | 335,809 i 2, 505 2, 505 1 008 7 P. 2 31 4 r iH ! 4P607 41 °'3" 379,562 i 370,4-4G j 397,788 i 2 50-^ 2 4QQ i 2 499 3HS 400 632 59, 148 95 221,424 13 thous. of Ibs— .thous. of lbs_, 1, 530 1,457 York dolls psr HJ r4° Oio 0-17 Production thous. of lbs._ 225, 951 220, 031 206, 043 Stocks, end of month, — . ...thoas, of Ibs... 4S9, <s?;c- 3-10, 55' j f By 74 fertilizer companies operating 104 plants, i 1* 845 H)0 35S •'"' ^'ssi 044 03, 9h9 i 73,945 2 | no' G?'i '2' 14, 175 17. 329 3 870 9 SO 11,968 1 16. 500 2 EQ vised. •>oof ' o^Jf-j 2 2 5, 2X9 ; ti) i 59 244 i 15.500 ; 51 47° 37*V 07^ i 3Q4 745 i ; 15. 500 15. 500 30'' ' J ^ S 1 ^ 2 ()7 28, 022 ' 52, 002 43, 002 33, 050 }'* si 4 4iS,0->7 393,770 ! >;! 2 499 1 2 1 595,23() i 2 O*'! .), S31 578 2223 | 1 :!, 147 : ;,!'T:1' ^ (> i2 2 519 4)9 2 O] ( ) '•»">ri'!)'~r 2 2 r si l!.^4i ^"^J r > jSt i 90. 132 I [23, 573 ^182,357 | 2 71, J48 i 2 104, 747 = nS;w f a 242 191 I, 012 0* x 10,010 ! ! - 7, 089 -' S, 086 2:^2, 420 1.154 26 189 !.:;04 13«5, 0!H) OS), 745 3 - 40 r>, 17 i 15 424 285,851 : 2 157, 2 477 2 279, 022 I 2 397, 103 45 * 34 | ^ 157 33 01 60 1 1 000 17 972 10', 461 • ", 431 81 s 6-^9 595 : 9 655 155 018 15, 500 462 346 L! u2 490 107 359 n/1' /;v> • thous. of Ibs.- 220, 17S 270, 4 i 2. 2f.9. 031 thous. of Ibs.. 120. roi 144, 4-S.") 115,970 •~'.'i 14 209 i 13 5s»> ! 7. 844 1 7,399 6, 282 ! 0, 047 i 1 141 '•• 13, 477 ! 7, 999 ; 213 1 12 988 ...short tons.. 175 1 22 ; 14 553 IS'' 84r> 15. 500 37] 392 :', 590 85 ;: .104 ; 14 119 319 7ft* 15.500 440 679 00 37 ' '{?> 30") 0")") 131 80 | 105 i 19 120 ! 22 600 12, 01 1 1 14, 430 i 7, 031 • 8,071 : '• loo i 3 608. 730 - 12, 2 951 30 . 10 167 309 444 ii9 2i,. M 199 5')Q 499 978 160 26 565 i; 110 599 '"; 1 ' 1 ,4-i 131 82 i 105 95fs 102 6?2 89? 7 it ' 1 '4 242 8, 392 5, 764 85 100 75' - ' 1 7'i3 °f,9 'J ">0 o' j !•' "2 13 961 14 680 8, 956 8, 507 5, 366 , 5, 638 88 3 86 539 231 2 2 141 80 73 1" U2 3'J5 555 4U 143 ^01 F/iQ 250 j 07 70 05 v 2ij, on 130 79 i 157 ,1- , 17 107, ^l 118, (i52 110 45± .120 472 ' A'2°* ' 9' 64 162 81 07 99 52 2 44'Y ' U'J f , I <> ") i ! 7"'! * •- rs r . i)i Q 4iO 1-3, 2V. )« 157 86 51 47 -.r: I f"f! A 4 P« • H3' 10, I9/' ! 13, s '2 . - -. 1" 118 70 157 1, 9f' I , 71A 288 899 118 65 157 86 51 1 044 2.012 '•>-- v 11 - Sf •'{ 05 u J j 2M K'> ' 330 811 50', 5t9 9^ 431 10 "> 000 240 313 9<) 654 1 * "4 20, ^00 Vw.'M/ ii7,'-«.i: 11 321 G, 857 4,417 49 12 ".'*;• 13.GT. i ?,?,, 5. 17 I , - ! , f;1.) 87, 480 3') 704 23 S 09" 7 4 R»2 4 }i 5 4 400 14 SHV>. 2 Cottonseed: Consumption (crush) ... short tons.. 7I«,709 800, 001 862, 032 451,324 Receipts at mills... ..Jhous. of short tons.. 549 1, 2.V.) 875 1,570 Btocks at mills, end of month . _ thou*. of shor f . tons i 400 Cottonseed cake and meal: Exports . _ . short tons. . 50, f i O O 39, S29 10. 200 149 137 4 81.3 144 6 76 3 127 0 2 131 9 Acetate of lime: Production thous. of Ibs Shipments tbou"* of ^-/" Stocks, end of month ..thous. of Toe,. . _ Price wholesale dolls r^r cwt Arsenic, crude: x Prod'ic'ion ^lio^t tons s -\ Stocks, end of n«onth_. , short tons f . i Lt, Arsenic refined: Production ..sh'ort tons i [',-' Stocks, end of month «hon t^ns _ i. i Ethyl alcohol: rf Production thoy*-. of pronf ils Warehouse .stocks, end of month then', of proof t tls Withdrawn for deT^aJurization - tJ>« vs. of proof rah>_Methanol, crude: Production - - .fful!on« Stocks at crude plant •>, end 01 montli... _ . - . . - - './'ilioiis Stocks at refineries and in transit ;, ^llons _ Stocks, end of month Cottonseed oil, crude: Production Stocks, end of month Cottonseed oil, refined: Factory consumption — Total (quarterly)... In oleomargarine.. Price, yellow, prime. New 152 13 3 8 80. 5 165 137 6 70. 9 J01 '3S 0 i;<" 3 lfo 161 161 142 0 i 50 117 0 70 1 327 . ()0 3 . 200 I. 447 ; 1,405 0 "0 ! 5 75, 817 -110,504 0 40(( 370 '<• 19!', TOO R95' 130 1 2,17,^ 1,875 2 Quarter ended in month indicated, 149, 900 2 3 190, 384 429. 5 ; 0 27 SURVEY OF CURRENT BUSINESS February, 1932 MONTHLY BUSINESS STATISTICS—Continued Earlier data for items shown here may be found in the 1931 Annual Supple- ment to the Survey !I Decem- November | October ber CHEMICALS AND ALLIED PIIOB- ! UCTS— Continued 1 Chemicata— Continued j Explosives Explosives, black powder, permissible and j other high explosives: j 22, 657 New orders thous. of Ibs.. ; 26, 970 Production -_thous. of Ibs.. i 2-1, 509 25, 282 . 24, 035 Shipments thous, of lbs__! 25, 610 18, 264 Stocks, end of month . . thous. of Ibs.. i 18,151 Fats aud 0*!s 1 Vmmal fats (quarter!})' ! Fact or j consumption .. -thous o f l b s ' Production thous. of Ibs. Stocks end of qiJ c .»ror thou? of U>s An'rnal glws | Pi oduf tic ii 'quarterly) thous o? ibp ! Mor'K>, (»n 1 of quartet thou^. ol SSs I Coconut or fopra o'i I tutoiv ^oirsumjitloii — ' 'riidf (.quarter];")-- „ _tlvus ufl^s.. Kefl •]<'(]—'ioiai Qu^rteily). . tbuus ii Ibs 13,29] : 13, 859 In oU'omurgai me tbous. of ibs.. I 14, 027 Imprrts .._... .. thcus of Its _ | In, 589 25, 186 : 30, 784 Piodu"tnn .' riarterly) —• < i udt ..thoub oflbs JiPl'mii - tLDiib of Ibs Stocks, pna of quarter— (\'«^e thou c o f ' >DS licimtid thou? of J >s Co^ra T<ac*ory Consumption (quarterly/ . . . short tons Imports.-., _ , _ __ _ short tono 15, 622 20, 953 ! 19, 352 Stocks, end o* urmrter «hort tons., Ldi h le KeUtin. Production ''quarterly) thouo. oflbs . s 4, 574 ! . StocK.3. end cf quarter thous of Ibs ! 3 .s 312 Fish o<isFactoiy consumption (quarterly) . _ „ __ _„ thous. oflbs j Production Cquat J oriv) thous. oflbs i Stocks, end of quarter.. .....thous. of Ibs.. _-..! Greases: Factory consumption (quarterly) _ _ thous. of ibs Production (quarterly) tbous. oflbs,. Stocks, end of quarter... .thous. oflbs,., Lard compounds: Production (quarterly) thous of Ibs Stocks, end of quarter thous. of Ibs Oleomargarine: Consumption. . . _ _ _ _ thous. of !bs._ 22, 831 22, 838 23, 401 Production . thous. oflbs.. 23, 173 22, 138 23, 965 Vegetable oils: Exports __ __ thous oflbs 1, 814 1,070 1, 230 Factory consumption (quarterly) ... . _ mills of Ihs Imports..., ._ thous. of Ibs 66, 677 59, 225 56, 748 Production (quarterly) mills, oflbs.. Stocks, end of quarterCrude ».,« thous. of 3bs_. Refined ...thous. of Ibs.. Fertilizer Consumption, Southern States . — _. thous, of short tons.. 94 66 Imports: 'Total long tons 77, 849 120, 822 N itrogeno us long tons _ _ 52, 837 01,904 Other fertilizers long tons 6, 563 5, 516 Phosphateslong tons_. 5, 577 3, 331 Potash long tons__ 11, 998 12,. 872 50, 071 Exports: Total...... . Ion? tons 81,703 94, 416 Nitrogenous long tons._ 3, 284 13, 452 Otber fertilizers long tons 5,550 1, 567 Phosphate material _ long tons 76, 785 75, 114 Prepared fertilizer long tons 67 300 Nitrate of soda, imports. _thous. of long tons.. 30 34 17 Superphosphate (acid phosphate): 141 Production thous. of short tons 143 Shipments thous. of short tons.. -52 85 1 Stocks, end of month thous. of short tons 1,388 1,285 Flaxseed Flaxseed, imports .thous. of bu._ 190 1,234 1, 468 Linseed cake and meal: Exports -thous. of Ibs. . 42, 782 49, 027 Shipments from Minneapolis .... . thous. oflbs. 14, 354 14, 518 18, 019 Linseed oil: Factory consumption (quarterly) thoiis. of Ibs., .....-._. Price, New York dolls per Ib .... """."673" Production (quarterly) thous of Ibs Shipments from Minneapolis thous of Ibs 3, 152 I 4, 125 4,410 Stocks at factories (quarterly) __.., ....thous. oflbs.. 8 Quarter ended in month indicated. Se ^.m~ August July June 25,058 25, 068 25, 150 20,304 26, 719 • 25,981 26,611 20,404 i Aprii May March Decem- Febru- January ary ber s 1 i 25, 803 26, 598 ! 27, 408 17, 888 25, 437 24, 548 i 24, 867 19, 956 i i 3l7fi. 221 837 230 999 I 6, 169 31, 845 3 159, 546 i i fiX 434 20, 207 3 90, 921 3 84, 264 3 158, 846 3 21, 993 8 1, 625 3 6 543 _ s 51 941 « 90. 056 « 81, 072 S S3 fi74 1 3 25 140 16,483 16, 075 455 1, 025 1, 008 1, 775 2,154 j 2, 350 3 49, 494 --; 3 89, 338 3 77, 791 3,831 i 3 331, 412 8 26, 672 27, 237 25,740 19. 751 20, 335 ! 27, 593 28, 969 4,775 \ 2, 947 2,086 3 i PSS ; 75,470 ! 72,280 74, 285 j 3591,342 3209, 759 17, 150 19, 573 19, 618 | 21, 154 9, 289 1 13, 180 i lo, 460 11.271 12,638 14,912 s 48Q ! 50,633 i 63, 096 3441 - 3 291 386 1 8 26, 081 S97R 91 R i 19, 409 18, 836 3 42, 675 3 25, 364 , 3 197, 758 1 53, 346 s _.! s 95, 948 i 79, 012 8 AS 715 3 4, 434 38,224 ! ? 44, 620 | J 11,587 |3215S405 _ — _ _ - _ „ _ » 94. 885 3276 713 3 21, 718 s 71, 134 37, 419 3 41, 077 34,056 1 1 s 854 465 4*647 1-.. «262,106 - i 33, 133 M,549 8, 642 *4,415 s g 547 •:-— 8 3 * 71, 229 18, 927 25, 890 _._ « 27,167 . 17,179 i 17,871 , « 17 491 18, 012 3 90, 307 16,491 30,952 H, 873 24,690 •* 201, 932 : l 16. 869 13200 J23 t 15' 039 - 11, 492 44,034 i 1 s s 67 H r ii 036 17* 516 3 52, 497 29 847 247, 038 133,255 1 891,446 66, 268 3 R1 RQQ ! 3 201 3 49 024 19, 832 23. 795 i 3 23, 515 351,055 ! * 75, 479 11,329 ! 12,088 26. 862 | 27, 550 s 78 848 ! — -7,105 i 8,466 31, 000 ! 15, 970 3 61,388 3 Qg f,s2 8 s 93 348 3 54, 991 !? ._. 3139 158 ' — I 378,496 ! _ _ _ _ .... 10, 947 9, 473 29, 455 18, 228 3 : 1 3 n« 7'7 ! 3137,730 24, 404 24, 024 22, 974 17, 303 ! 3 154, 560 ! 3 515, 794 3 191, 906 .* 154, 951 .. 8559*688 a 270 '-)83 3 20 847 361.848 j 26, 714 24, 056 i 25,201 17, 372 25, 448 28, 751 27, 543 20, 219 ' 224, 398 i S l f i f l flfiQ 3 491 S 28,721 1 26,730 27,647 25,414 28,000 ! 26,598 20}639 1 20,929 26, 441 26,960 27,379 21,115 829 ^ f>2. 463 ! 68, 238 J i 674 t 300 i 3517,909 1 ... - _. 386 176 - - - 3 1, 076 72, 028 3 1, 007 72, 142 79, 809 .|*610,812 i 3 531, 666 3 3 635, 271 469, 807 3 j 91 146, 700 70, 022 4, 063 6,175 66, 440 127, 953 7,554 3,863 115, 621 915 49 142 119 i 1,237 2,469 : 40 25 127,599 i 97, 358 24, 730 47, 1)35 902 4,763 9.858 ! 3, 768 67, 958 65, 043 7-1 I : 1,275 143 63 1,158 ' 146 ! 55 i 1,060 i 1,339 1,685 1, 150 53,225 39, 769 17,385 ! 13, 972 11,414 7,653 3 70, 504 .076 """"."ois" 3141,205 ; 6,806 i » 107, 508 i ! 89, 194 107, 918 89, 409 115,207 7,690 6,637 7,682 ! 7,078 1,926 9,498 i 1,164 1,425 1 79,472 91,049 1 80, 670 105, 717 497 ! 106 1 734 ! 383 19 30 i 34 j 35 162 58 6,675 fooY 6, 285 1,352 ! 640 343 59, 970 72, 159 143,250 255.905 '•. 141,421 137,172 37,998 i 46,602 102,342 i 170,587 : 98,435 i 82,466 5, 124 1 9, 766 5,438 | 6,764 3,983 ! 3,019 6,279 5,578 I 15, J58 | 3, 726 3.339 4,832 41,663 60,394 33, 822 14,650 17,706 1 30,206 57, 736 48, 615 1,132 195 « 95, 544 | ^086 ! * 130 635 6,788 » 78, 200 150,128 25,146 10,829 113,017 1,136 67 i 112,725 i 19,819 ! 7,755 ! 84,682 ! 469 j .120 195 ! 407 i 162 106 ; 1,301 996 74 ! : 104,049 j 92,463 ' 13,331 18, 336 5, 1J7 4,734 73,520 i 80, 696 495 i 283 46 ; 68 107, 198 68, 250 3,864 9, 760 25, 324 71, 933 5, 1G4 1, 510 64, 721 538 36 226 305 249 131 326 103 336 70 1,836 2,287 2,292 2,110 j 352 i 82? J. .088 I 1 11,921 i. 952 39,847 18, 238 10,853 33, 596 12, 145 ! 17, 827 i 8,432 i 1,313 30,818 1, 496 j 38, 172 11, 046 17,227 | 16, 824 i '74,092 .092 ! .095 * 118, 417 I 12,792 11,552 l» 113, 192 3 68, 894 .092 3 131, 257 "092 9, 594 219 8,553 7,385 3 113, 423 28 SURVEY OF CURRENT BrSi.Vi^S February, 1932 MONTHLY BUSINESS STATISTICS—Continued 1031 Earlier data for items shown here may be found in the 1931 Annual Supple- Dec-em- XovemOctober ment to the Survey ber be*01"' Au 1930 July ^lst June May December ebru- January i-'arch ;, I PrT \j»rl» CHEMICALS AND ALLIED PEOBUCTS—Continued I Flaxseed— Continued Minneapolis and Duluth: Receipts thous. of bu Shipments thous. of bu— Stocks, end of month.. thous. of bu~... Oil mills (quarterly)-Consumption thous. of b u _ _ Stocks end of Quarter thous. of bu Price, No. 1, Minneapolis, -.-.—dolls, per bu__ Production crop estimate thons. of ton 1.40 Naval Stores Pine oil: Production .gallons 169, 695 Stocks end of month thons. of guSs 1,815 Kosin, gum: Net receipts, Southern ports... _ . . b b l s _ _ 93, 980 Price, "B," New York dolls, per bbl_. 3. 61 Stocks at 3 ports , end of month bbls 486, 863 Rosin, wood: Production bbls 23. 242 Stocks, end of mouth - bbls 92, 258 Turpentine, gum: Net receipts, Southern ports bbls.. 19, 844 Price New York dulls per iril .39 112,311 Turpentine, wood; Production bbls 3 733 Stocks end of month bbls 6,002 EooUng Dry roofing felt: Production _ . __ short tons Stocks, end of month. short tous.. Prepared roofing, shipments: Grit roll...... — thous. of sqs... ShinglesIndividual and single thickness thous. of sqs Strip, patented, and hexagon ___ ___,„ thous. of sqs_. Smooth roll. . thous. of sqs... Total __ thous. of sqs Production index: Food products (Fed. Res. Bd.) rel. to 1923-25— Food and kindred products (elect, energy corsumed). rel. to 1923-25.. Stocks, manufactured foodstuffs rel. to 1923-25 Stocks, raw foodstuffs .rel. to 1923-25.. Caiidy Sales by manufacturers- _ _ thous. of dollsCocoa Shipments from Gold and Nigerian Coasts, Africa.. long tons-Imports .. ... ... long tons.. Spot price, Accra, New York— _. dolls, per Ib.. Coffee Clearances: Total, Brazil for United States... tnons. of bags.. Total, Brazil for world thous. of 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 .. . . ___thous. of bags.. 1,026 1. 159 1,605 316 541 872 9,181 5,768 1, 452 921 1,422 ; 2,766 •,;. 4.<< 1,381 7^7 ... i »7,610 i M,241 1. 37 1,32 ! 1. 46 * 11 018 uc f>40 17b U7 1 8?'J 17° ',3'» 11 '» 4 0 ,v< 1 i7 2' v 0 2" * - l',J AP r 3j v > 1 JO i- n r IPs J * 2s - i > "7 n: 10 i • > 1 2, (> <s 5,021 7ll 93 ^90 89 144.0 124.8 75.7 205. 2 2 286.3 210. 8 1 136 3 7, 391 « 4, 472 1.61 * 21, 240 i 0 . ',9 1 ~\ M I'flrJ J • '7 1 H •< it, i-i 1,7^1, 229, 737 1,799 136. 5 | : , "i 4 b M * "1 7 S 7 , N' '*,'*" • , -51 r> 3 1 4,^.0 ? i-o 1 ". ^ *< tl 1.0*1) o7,0 > 1 i ' ^ ; f 4 ^//i, 4 4 -" ~ Li tf • b « i l ' , o «i 7 « i. / J W* M ^ 4 70 5vl,"»v )» / ' i, , ° I L N t ' ' 2^ » , -> i* H " 4 i °1 4 •* f>21* f - t 117, 489 4,95 372, 090 3. r L °4 ^ > H IV., I'O 1 > i ()o( l 34. 332 122, 318 i »,o 5 ^9,^ 4 , 2 1%001 4 j^O 5/0 o«i < 5 " i . . '* 'i >H JJ, 1 27, 482 .42 84, 911 14, 4J _. 6,200 15, 799 1" l,,0 ! 22 j( /, i l » *7,74 4, , S > r it . 4 ,«£,*, i^ ,1 ( 7 '' ~ ( » 8, lOfi 3, 731 c 0 d^ 242 CO 51 63 71 4 1,381 773 1,395 238 583 1,126 87 62 93 Ji t 127 i3.i 155 485 ) &7H : 2,017 j 512 ; 8-Kl ^ 2,OU?3 ' 541 j 9C5 i 2,230 | | 89 88 i m\ oi I 147.0 ; 136,2 ^ 126, c 122,0 116,8 122.0 118.3 107. 1 111.1 : 191.7 ; 100.3 ; 178,2 ; 97. 0 1 189.7 | 98. 1 193,7 93.5 i 202.1 i 97. 3 187. 9 95. 5 194. S 89.1 205. 1 466 1,067 2,237 J 142.0 , 146 92 556 329 967 702 2,202 1,450 n ; 89 2213.3 HI. 3 2 301 4 97 4 213. x 21, J 10 22,985 15,;, A 1" 1"^ i , ,,i2 » >,,% ^ « m 2^,0' : 21, m ^ 21,948 28, 727 6, 6?o 14. 104 . 0403 1, * 13, 54- , '^^ i / , 46 i' ^ , A! * N- It, /20 2x:: ( n, ^1 J«, - 2 4«,o5.J J's ,2 5^,V>0 13,6^ iJ,%3 39,27= 16,418 .0019 21, V56 13, 700 .0675 711 1,263 794 .056 1,533 "' ' '... ^ci , -i 'no (x,: r ,, r-s i, ,r *s . i > i,",,» i. ^ , 8^9 •: lyW)0 1 ?b4 952 1,617 1,094 ) Jn* ' * '(.* (\ i " ('Oo (.",'> . V,6 1, v1< ) 1*648 l'?697 881 1, 590 1, 098 .070 1, 494 1,161 5,373 866 5,455 929 5, 188 '155,766 ni6,3C9 166. 506 68. I ; 23, ?0f) 44, 588 16, 343 .0425 23, 080 8, 288 . 0194 818 1, 507 1, 203 .070 2, 138 870 1,529 936 .063 2,318 1, 816 0, 961 1, 639 ' 6, 755 ; : 7 ~5'i 8, iLf< . 0475 SO', • ; J.4s.) : . 05S ; 1,711 1, 637 6. 374 ! 1, 555 6,, 578 i oi o^i^ r < f H '.^5 u4 * ' • ';. ai'iu f 5" , d44 ! ! 160. 638 i>2o<r 44, 925 ,31 ? 187, 114 n&J,4S3 J 203,731 ' " . ' 29 121 Go 1 M,2 2 1'6, 70 j 1 5. So7 42,ftf>3 i *J ^ .34 33 ' 2' l ' t > PI "\l !25 >,}" i ) ' ^3 ." I r 5 17*, -27 17 ! » - » 1 .»,b7s ''.24 • t',«>,» t " ' .4 * ' 2') ' r'i 4^.-^) 63, 401 111,670 43, 892 .32 4,3 ( 062 39, 500 CHEESE j Total, all varieties: Apparent consumption thous. of Ibs, . 35, 799 42, 519 250,202 ! » 47, 384 Cold-storage holdings, end of month thons of Ibs.. 73, 234 2 78, ,rf.5 81,743 83.426 Exoorts, Canada thous of Ibs 11,022 3, 893 21,945 i 16, H88 Exports, United States thous. of Ibs.. 112 170 MO 116 Imports, United States thous of Ibs.. 5,195 6, 057 5.515 7,179 Receipts, 5 markets thous, of Ibs ._ 1 0, 5f '.9 9, 304 13.588 11,949 33, 424 Production (factory). . . . . thous. of Ibs. _ 26, 725 ... 3% 175 43, 282 American whole milk: Cold-storage holdings, end of month. . _ _ thous. of Ibs 65, 802 55, 735 2 60, 583 * 63, 968 Wholesale price, New York— dolls, per lb_. .14 i . 15 . 17 . .16 ; 3 s Revised CQuarter en ded in in onth indieated« I. 5 < J46.4 535 I, 198 2,597 i * 93 91 22, 909 Dalry Products BUTTKB Apparent consumption thous. of lbs__ 171, 991 Cold-storage holdings, creamery, end of month _ _ . .. thous. of Ibs 26, 550 Production (factory) thous. of Ibs . 121,054 Receipt*3 5 markers tho:3> of 'bs 47, 194 .31 Wholesale price, New York. ....dolls, per l b _ _ 153 130 299 ! 470 : 998 1 1,128 1, 765 | 2, 302 j 'x *6 t ".71 _. 1 5(> j , 709 517 1,386 877 1. U S H-'O 4 lo ^4" 4, <U8 { ,1*0 5, i'b M>.r f, •k 3,7*; 4, si; \2A 49» 185 1,/iS i, 1? x »-*,-» . 309 i 334 9T. I :>5 v t if 6 421 7M i '4- i 7 i (t iO ,,; i* <( 5 7^v;, J (j w 2 3; j ^ z 7».'j M>1 7HJ 1.1-4 1. ii 1 S \\ 95, t iJ ' 1 jl -? f 407 t , M> ::::::::: 'd * 3^ -•~i5 i 2 47, 078 » 45, 394 251,689 i s 57, 266 3 49, 705 ; » 49, 271 , » 39, 753 53, 172 oOo 121 6,471 :l 11, 445 40; 470 i 54,270 '491 208 4,611 11,717 34. 3^8 ^ 5 86, 4 IS 11,929 124 4,389 14, 264 43, 218 S4.003 :; 72,977 55.939'; ll.-rQfi 4.075 ; 1.517 MS : 119 : i3>) 3,413 ; 5,12! 5. S5fi : H. 190 17.4SO i 12,145' 52, 960 64; o3:i i 52, 568 : 09,471 i4s !:*•» 4, 123 11.60(1 27,rvJ3 79, 015 4, 025 176 4. 163 10, 400 35, 057 68, 874 .16 58.532 58.144 42,461 ' 40,542 41,836 47,968 : 54,499 . 15 ! . 14 , . 14 ; . 15 ; . 16 i; . 18 ; .17 < AB of Dec. 1. « Fins! @sti mate for 1930. 63, 326 .18 61,841 306 US 4, 062 10,406 26,379 29 SURVEY OF CURRENT BUSINESS February, 1932 MONTHLY BUSINESS STATISTICS—Continued 1931 Earlier data for items shown here may be found in the 1931 Annual Supple- Decemment to the Survey ber Novemher October Se t ^) e®m" 3,447 88,407 578 5, 745 94, 816 722 7, 660 103, 302 943 1,443 1,180 1,309 August July 1930 T June May 1 April March Febru- January Decemary ber FOODSTlJFFS-Continued EGGS Cold-storage holdings, end of month: Case . ._ thous. of eases _. Frozen thous of Ibs Rcceiots 5 market^ thous of cases 1,475 ; 79,118 < 652 | MILK Condensed milk: Export thous cflbs Total stocks, manufacturers, end of 1,233 2 1 9, 507 9,015 ! 9,504 110,271 : 114, 700 113,513 1,862 1, 053 i 1, 180 7, 887 ! 5, 162 106,607 j 91,517 2,236 j 2,478 1,893 78, 051 2.. 046 408 73, 889 1, 264 735 75, 685 1,026 I 1,894 83, 184 768 1, 873 1,345 2,403 ! 1, 907 13, 051 16, 171 5.79 1 13, 928 18, 594 6.03 ! 17, 803 19, 520 6.03 5, 269 4, 546 i Case g-uni^ thous. of Ibs 12,508 i B ulk goods thous , of 1 bs . _ 7, 596 : Wholesale price. New York do^ls. per ca. ^_ 4.75 : Evaporated milk: Exports _ . thous. oflbj> 4,367 ; Manufacturer,-.' stocks, *»nd of month Total v-hse LOOiN thius. of lr»s_. 132,011 \\ hoies-i^ price, Nou York.d^Us. ptTcabe.. 3.00 JUui'j inilK: Corwnf tion in mfr of ^Ipomar^rine thous. of lhs__ 5,948 ; Produi lioii. Minneapolis and St. Paul -, . thous. of ibs— 31,732 2 15,130 17, 264 8, 607 * 10, 032 4.75 4.75 20, 349 11, 007 4, 75 4,240 3, 610 3, 659 130,841 3.00 129, $02 3.00 136, 408 3,00 5,625 6, 142 4(. 849 • 26,854 21, 751 18,520 ] 07, 846 19, 558 113. 537 19. 598 115,390 712 T>< st(;n, i-ulud'iiij '•refun.tl' w^ o f ^ t s . . 1 Greater tf*w York *L«,up. of ^ts Powdered iPi ] k Experts - thou& * v £ iKs 725 Manufacturers' stocks, erd of month.... thous. of Sbs.. 23,786 ! Nt; i new orders thous. of lbs~ \ 262 1 I/rodnetioii, condensed and eiaporattd milk . , . thous, of H»s._ 116,379 Exports, condensed and evaporated milk thous. of Ibs 5,600 25, 224 970 854 2 23, 305 8, 494 23, 572 9. 914 20, 711 14,331 115,920 141, 109 121, 599 5,683 4,790 4? 968 2 1,477 1,862 3,372 22,304 i 24,071 15,001 1 16,221 5.00 i 5.65 23,998 18,992 5,65 4,460 : 5,892 5,024 181.745 "275,931 275, 280 3. 20 3. 00 3. 10 1,973 1,853 19,892 : 12,390 19,163 i 15,887 5.65 i 5.65 5,114 13, 227 16, 273 5. 65 5,311 5, 034 3, 775 230, 73$ 177, 754 3. 30 . 3, 50 ISO, 931 3. 50 130,896 3. 50 3 4^9 3 "/SI ' «r 387 6,927 5, 814 33,978 ; 32,654 36, 245 33, 026 20,312 20,545 ,' 21.615 21,021 1 ^1,023 . 19,877 135,160 120,752 1.16, 580 116, 11 / : 110,313 113, 329 17. 444 101, 197 4,199 ; 2,943 24,012 ! 27.438 1,047 : 984 35,922 ' 38,210 11,062 11,816 1,035 i 42,628 11,109 140,437 ; 175, 578 234,055 5,943 : 7,751 Fish 6, 396 36,244 1,869 ! 157, 152 ! 202,070 3. 75 ! 3.80 7, 464 ! 34, 333 i 18,352 i 110,428 1,414 2, 282 1,001 36o 43,148 ! 40,502 11,047 ; 12,145 41, 363 10, 606 41. 744 8, 482 41,122 ! 10, 253 194,753 172, 30o 144, 649 7, 164 6,907 o, 120 7,672 244,229 7, 087 i 8, 158 30, 310 18,313 111,345 465 38, 976 8,945 141, 981 | 140, 904 6, 453 : Canned salmon: Exports, Canada cases.. 64,975 ' Shipments, United States. thous. of cases. . Cold-storage holdings, 15th of month thous. oflbs 72,343 Total catch, principal ports... ..thous. of lbs_. 83.848 430 100, 138 539 91, 873 632 69,327 ! 59,996 902 ; 524 47,423 340 59,883 ! 91,083 384 290 101, 817 334 38, 446 300 45, 998 406 \ 107, 333 333 74,667 20, 808 73.018 2< 947 68. 083 28, 489 57,518 48,350 33,612 | 28,628 39,700 25,655 31,283 ; 28,095 24,599 j 30,049 38, 567 30, 081 50, 560 20, 635 71,817 i 18, 353 1 85, 323 17, 567 8,041 ! 7,587 5,692 6,549 6,446 10, 717 8, 946 10, 682 U5,216 1,869 3,155 1,214 2,005 3,081 5,700 7, 115 7, 806 8, 085 62 137 577 1,509 2, 917 5, 224 7,439 i 17, 572 2,540 23, 601 13, 980 2, 610 20, C24 14, 197 3, 454. 20,971 9, 575 5 155. 982 12, 554 2, 254 15,092 s 333, 210 8, 118 6,061 5,067 6, 010 7,578 776 .48 745 .44 921 .44 732 .44 2, 511 10, 731 1,047 .47 5 304, 601 3, 569 11, 401 Fruits and Vegetables Export value, fruits and preparations thous. of dolls 8, 720 Apples: Car -lot shipment .. ._ .carloads.. 7,245 Cold-storage holdings, end of month _ _ . . . . . thous. of bbls. . Production, crop estimate. -.thous. of bu_. Citrus (ruits, far-lot shipments _ _ _ .carloads.. 10.684 Onions, ear-lot shipments carloads... 2,194 Potatoes, car lot shipments carloads.. 13,141 Production, crop estimatethous, of bu_. 11, 563 16, 181 9,162 14,339 30, 137 12, 597 11 396 4 211 506 : 11,049 i 2,304 ; 14,368 * 376, 248 10, 705 2, .143 8, 706 4, 014 24, 392 5, 688 3, 776 16, 979 6,073 ;I 9,407 2,258 1.657 11,717 | 20,161 10, 693 2, 122 27, 084 15,585 i 15,099 3,703 ' 2,377 23,895 i 21,032 14,998 17, 296 13, 124 13,439 i 18,750 13, 161 11, 224 j 234 .51 198, 965 2, 344 4, 963 768 .50 717 .50 5, 406 1, 770 5,152 4,138 5,088 4,089 508 6,348 256 6,318 165 o, 912 ,43 .38 .42 .46 i . 46 .43 1 2 556, 863 10,767 1 11.741 4, 346 4. 884 13, 192 10, 079 .40 .39 .46 .44 .45 .49 14, 414 7.211 7, 3(>4 8, 447 6,364 5,592 5,094 3,959 857 1,606 .23 627 1, 166 .22 20, 088 7, 090 18, 605 15, 960 7,398 17, 468 i1 81 • Graiiis Total grain exports, including flour-.. thous. of bu— 12,578 BARLEY Exports _ >__ ._ Price, No. 2, Minneapolis.. _„ Production, crop estimate Receipts, principal markets Visible supply, end of month thousu of bu._ uolls. per bu_.. thous. of bu_. thous, of bu._ thous. of bu.. 276 .51 ' 2, 005 4, 226 4 1,014 i .45 678 .42 807 .39 896 .45 i 1,801 3,449 2, 193 4, 126 2,523 ! 4,626 | 2,446 5, fi62 2. 484 7,840 2, 240 9,583 201 i 556 4,665 5,168 123 5,738 151 i 5,580 206 5}492 534 6, 441 443 5 S 575 188 5, 990 ! 132 5, 241 .57 .58 .68 | .58 .60 .61 .65 1 .69 .53 .58 .52 .69 .52 ! .56 | .53 .58 .54 .60 .54 .63 .59 I .68 j 11,320 i 16.152 6,561 i 8,955 8,271 ; 8,53(5 13, 417 10, 589 7,785 11,381 ! 17,102 14,855 ! 14,246 12,286 ! 19,676 18, 567 12, 281 21, 998 21, 278 11,895 20, 110 4, 198 4,519 4,279 179 822 .30 174 844 ,31 120 940 .32 10,525 1 9,871 5,294 | 7,604 9,892 1 13,837 10, 243 6,843 19, 103 11, 895 7,123 22, 947 COEN Exports, including meal.., thous. of bu.. Grindings (starch, glucose).. thous. of bu__ Prices: No. 3, yellow, Chicago. dolls, per bu._ No. 3, yellow, Kansas City dolls, per bu._ No. 3, white, Chicago dolls oer bu Production crop estimate... thous, of bu _ Receipts _ _ .„ ..thous. of bu Shipments thous. of bu Visible supply, end of mo thous. of bu_. HAY Receipts Production, crop estimate 120 4,630 j .37 . 39 .38 number of cars.. thous. of tons < 64, 233 3,495 3,052 253 938 .23 374 770 .27 10,239 ; 12,963 12,903 : 5,749 15,577 i 7,785 11, 098 4,748 7,654 5,001 3, 777 .66 .73 52,060,185 19, 320 27, 367 12,611 10, 925 17, 562 16, 993 5,214 4,057 « 63, 463 OATS Exports, including meal thous. of bu 255 Grindings, Canada tlious. of bu Price No. 3, white, Chicago dolls, per bu._ .25 Production, crop estimate thou5?. of bu_. Production, oatmeal, and rolled oats, Canada . . thous. oflbs Receipts, principal markets thous. of bu_. 4,028 Visible supply, end of month^... thous. of bu_. 16,710 * Revised, 850 1, 762 .26 ;« 1,112,142 i ! i 24, 422 4,532 17,863 * As of Dec, 1. i 429 ! 836 i .21 ! 192 i 785 i .28 j » Final estimate for 1930. 144 208 997 | 1, 126 .32 .34 51,277,764 13, 320 6,121 26, 650 i 14, 360 6,021 30, 504 30 SURVEY OF CUREENT BUSINESS February, 1932 MONTHLY BUSINESS STATISTICS—Continued Earlier data for items shown here may be found in the 1931 Annual Supplement to the Survey 1931 Decem- NovemOctober ber ber berm" Au ^ust Ju June ^ i ! 1 j | April May AUrch ™™- ''".nary 1930 »<j™- FOODSTUFFS— Continued RICE Exports pockets (100 lbs.)__ 193,200 380, 658 Imports pockets (100 IDS.). . 34, 081 11,859 Production, crop estimate thous. of bu_. « 45, 014 Shipruents: Total from mills thous. of pockets (lOOlbs.).. 1,216 New Orleans - pockets (100 lbs.)__ 78, 972 136, 328 Southern paddy, receipts at mills thous. of bbls . 1,408 Stocks, end of month thous. of pockets (100 lbs.)._ 2,051 322, 302 9,397 1,396 199, 965 239, 358 ! 260, 949 I 203, 519 ! 211,843 ! 259,578 i 376,000 : 10, 009 50, 472 j 38, 748 i 41,223 j 37,821 41,89] 87,630 i 108,181 100,899 3,756 ! 4,475 : 5,443 875 i 427 i 404 139,048 ! 78,269 37,121 864 ] 933 i 68,349 ; 74,629 ; 601 ; 617 ! 780 75, 782 j 88,718 I 68,753 1,810 1,455 j 382 • 172 323 j j 560 1,805 1,305 | 883 i 848 1,051 ! 1,293 1,388 9 .41 27 ! .39 14 .38 10 .37 15 .37 ' 29 ' .36 ' H .35 472 8,087 *62 1 8, 730 1 1,035 ; 8,540 ; 520 599 1 1,561 413,674 27,504 1,119 75,r.i3 1,1*7 864 i 1,003 75, 426 R44 1,790 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 b u _ _ thous, of bu_. thous. of bu_. 27 .51 * 32, 746 751 401 9, 131 9, 025 3 .45 1.137 ! 8,267 : s-i ; . 36 i 1, 213 9,186 1,311 8,922 29, 596 21,436 16, 843 14, 258 14f 107 22,988 '. 31,087 i 6,148 9,519 13, 380 11,873 15, 406 8,397 i 8.901 11,588 ; 11,781 12,731 17,253 8,13ft 11,842 6.406 9,956 3,531 6,954 8,510 8, 751 7,039 • ... _.J 11,561 8, 805 « 38 77 i 7,443 .80 .62 .71 .52 .69 .47 .65 .47 ; .61 .48 ,74 .81 i .79 i .79 .80 . 7f . 78 .59 .48 .43 ,43 .44 .68 . /3 ; .73 . 70 : 880 \ 9,262 j 19 . 37 • [ .44 11,911 i 12J 644 .38 855 : 71G 10,440 H, 110 | WHSAT Exports: Canada, including wheat flour ._ thous of bu._ 24, 387 United StatesWheat onlv thous. of bu 7, 896 Including wheat ilour thous. of bu_. 11,921 Export value of wheat and flour thous. of dolls.. 7, 593 Stocks, held by mills (quarterly), thous. of bu_ 3 129 994 Pnces: No. 1, northern spring, Minneapolis dolls, per bu,. .73 No. 2, red winter, St. Louis.. dolls, per bu_. .57 No. 2, hard winter, Kansas City.... dolls, perbu.. 52 Production, crop estimate: Total thous. of bu Winter wheat thous of bu Spring wheat thous. of bu.. Receipts thous. of bu 13, 766 Shipments thous. of bu. 15, 470 Visible supply, end of month: Canada thous. of bu__ 191, 180 United States thous. of bu._ 220, 521 ! 6,769 ; »139,002 ! 5,671 ; r, 521 ' 12. in<: : 1,357 4,57* !37 3, .=54 $, 543 ,] is7 4,80i (,.7, . 75 . 79 . "6 .77 , 69 .69 » Si' si? 4 .71 892, 271 4 787, 465 4 104, 806 26, 405 29, 470 32, 658 26, 851 38,877 ; 61,463 ! 104,047 28,325 45,747 ; 65,987 29, 656 30, 385 30,863 21,230 24,061 : 10,601 i 30,833 i 30,672 15,570 ; 14,817 29,496 13, 706 2 1,:,'* i ,, 0 i 189, 675 230, 147 161,912 231, 049 122,199 1 101,306 I 116,402 239,431 : 242,846 | 217,528 122, 318 190, 702 136.855 : 160,750 197,563 i 190,561 180,253 l\ 183,704 207, 138 i 201, 862 193, So * 197,219 .0>.s \ 1"", 71.5 5 ;.,-«; u 0 5 j 01 >• lO WHEAT FLOTJB 10, 462 9,334 9,898 Consumption (computed) thous. of bbls.. Exports: 557 476 558 Canada thous. of bbls— 785 709 858 United States thous. of bbls__ 895 Grindings of wheat: 8, 102 2 7,565 6,772 Canada thous. of bu_. 2 47, 463 45, 230 44,569 United States thous. of bu 37, 234 Prices, wholesale: Standard patents, Minneapolis 4.84 4.28 4. 24 dolls, per bbl 4 51 Winter, straights, Kansas City 3.03 2, 96 3.10 dolls, per bbl 3.22 Production: 1,812 1,694 1,516 Canada-.. thous. of bbls.. United States9,735 Actual (Census)-. thous. of bbls.. 8, 165 2 9, 890 210,399 10,611 11, 112 Prorated (Russells')-— thous. of bbis__ --- 10, 167 61 65 2 60 Capacity . percent.. Grain oflfal thous. of Ibs 647, 175 2 789,737 828, 114 781, 318 Stocks: All positions (computed) 6,000 6,135 5,975 end of month thous of bbls » 3, 532 Held by mills (quarterly) ..thous. of bbls.. 3 4, 126 9,843 j 7,642 6,686 8,711 | 8,281 522 I 640 ; 467 1,005 490 821 481 i 789 ; 326 761 5,992 ! 5,932 j 44,412 i 45,362 5. 033 35, 893 : ; 4, 21 ! 5.304 1 4,719 36', 946 i 89, 127 8,654 8,738 9,622 i 9,846 415 762 392 ; ' 945 • : 602 802 5.169 ; 4,607 40; 137 j 37, 939 4,831 : 42,529 ; : 5.22(5 41,307 561 I 715 ; 4. 13 4.75 4.85 4,71 4-87 4.85 4,96 r 4. SO 4. 14 4, 02 4.00 4.00 4.09 !; 4.03 1, 183 1, 058 ' 2. $8 3. 18 4.12 i 1,333 j 1,319 1,121 ! 9,658 ! 9,852 i 10,614 i 9,847 1 58 59 ; 785, 106 i 802, 424 7,763 7, 981 47 647, 400 8,015 8, 464 8,739 9,134 50 i 51 C63, 303 : 702, 189 6.131 6,000 4,800 » 2. 830 6,386 6,821 7,074 7,791 '•• 8,477 404,731 424, 672 \ 421, 252 4,857 ! 5,618 1, 164 i 8, 724 9,275 52 713, 507 1, 035 1,086 1.170 8, 242 8.750 58 678. 79f- 9, 232 9, 937 55 761,935 S. 973 9. 888 f,4 ;.vi.2io 5,620 6,370 : 10,082 10,576 12,204 I 9,819 379,405 335,603 384,754 ! 397.741 72S 398 : 75, 285 902 i. 1,207 381,531 j 39S, 7-il ? 5,526 ! 3 712 i 3 7,000 4, 016 MEATS Export value, meats and fats.-thous. of dolls.. 7, 305 6, 020 7, 145 6,321 ! CATTLE AND BE IF Beef products: Apparent consumption thous. of lbs_. 379, 927 2343,245 448,863 404,928 ! 432,312 416,822 Cold-storage holdings, end of month thous. of lbs_. 53, 262 2 39, 158 34, 407 35,171 ! 39,050 41,055 1,189 1,604 2,077 < 1,837 1,497 Exports thous. of lbs_. 1, 046 Production, inspected thous. oflbs.. 393, 399 349, 598 446, 798 400,752 : 430,695 j 411,952 Cattle movements, primary markets: 905 1, 037 961 ! 1,009 ! 930 Local slaughter . .. thousands. . 907 1, 866 2, 137 1,797 i 1,821 I 1,488 Receipts thousands.. 1, 453 Shipments, stocker and feeder . _. thousands.. 487 582 381 1 251 i 124 245 905 1, 096 861 756 1 561 607 Shipments, total „ _ _ _ _ _ . thousandsPrices: Beef, fresh, carcass, good native steers, . 164 . 156 .148 . 144 . 129 .157 Chicago., __ dolls, per lb— Beef, fresh, carcass, steers, New York .172 . 175 ! . 173 . 165 I . 158 ! ,145 _ dolls, per lb._ Cattle, corn fed, Chicago 9.34 10.20 ! 9.25 8. 66 I 8. 62 ! 7. 25 dolls, per 100 lbs_. « Revised. » Q uarter en ded in month Indi sated. 45, 548 1,573 400, 529 968 1,540 49, 448 1 53, 150 1.468 | 981 419, 124 412, 757 61, 111 1, 444 374, 151 67, 622 961 330, 321 1,036 1,817 860 1, 535 812 1, 303 897 ! 1,508 ;. 1,015 1,736 222 ; 607 j 332 1,015 980 1,551 \ 111 552 153 i 561 175 581 146 546 147 486 ; ,129 .143 ', .160 . 169 . 178 . 195 ! . 145 .155 . 172 . ISO . 196 .205 .205 7. 32 7.68 ' 8.56 9. 08 , 9. 11 10.00 I 10.58 i * As of Dec. 1. •Fiiisl estimate for 1930. . 195 31 SURVEY OF CURRENT BUSINESS February, 1932 MONTHLY BUSINESS STATISTICS—Continued Earlier data for Hems shoton here man \ _._ be found in the 1.931 Annual Supple- n ei1 1 xr ment to the Survey V^ '" u »ra- Ooto,,,r Se^eu. August ! July 1930 June May April March Febru- January ary December 1 FOOf>SWFFS--C0rt imcd i TiOGS A N D r<>:jj; Hog 7'io^'nonts prnrmr> ruarkfts ? I o-'*»' staiiphtfcr.- th-ni-auds, o("i 2, 24J7 IJicfipt*. . . . . th« n f m d h . ' .. '<. 3, 7 2 Mn{'! lords-, stoi'kc " and fef.cr ... _ _ tiu»^«ai>J$. !0 f"2 "- > i i ! > f ' i f hi?, f o < a s ._ ihoii^T.ds ' ' _t 1, 4J7 Li' d uncludec i.° r< f\ p r o d i - r i s ^ roid-storaee holding, end ,>f L M.J,. ._ , _. "ivu^ Oi dip • % * }J J , > ~ i r\>K>rt3. _. _ % »iu- < < f n , > f "j ~>. X>Z 1 i^odnf-noi),- . -. t'i"> ' o. 1! ;> i ' ">, - 0 P^rk ^roducuo/i Vppuivni > onsunp*i'jT!__. .l~jm. u f j ' i < " V 7* \», 2L ' "old-storage holdings, pry] «^f ii-oi/i !\.lai th »:*?. < ; ll> i, ) ' 3 ' 1 S/ rn'bh and «Mnd _. ., t h ' u > o f l h ? * n ' 1 > l < > , 503 tv, \ i i o r t s c ( Total Uiui' i-f Ibs j c ol 18 ' "* ± « ) t l u r j - r o - ' t u U ihar 1-u'l .. . ti oas ofibs. in, ,'V M, On I'foc' ih-( ion, inspected ._ ~ th'»us c f l b s . s w ~ 17 078, -"2 i'ru-vs. Haras, smoked, Ch^tgo.. -dolls per lb .1 , ^2 jlc^s, heavy, ^hic'igo-. dolL. per luGll?? 4 — i 61 I ard, prune euntra< 1, M< w York .. ... ._ dulls, per ID. .' < 071 1 , ilf ! ts \ N D ^ A M K ^ 2,155 j, 402 i,t>63 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, 400 4, 002 72 I, ,}t 55 V*02 49 1,045 37 1, 039 36 1, 072 33 1, 099 36 1,088 31 1,234 37 1,417 45 i 1,739 i 41 1,512 96, 047 34,610 91, f>80 121, 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 : 180, 062 .". 1,434 1 ->, 1 14 i 50, -,3S < OK, :V2" ^.7(>fi h < -"at) r -,7 iio, j2! }7>7PO 07, i ; , 07'* v/Ii 00 , ^ 2 F52, 387 540, 228 585, 146 581,110 523, 963 563, 934 508, 890 663, 947 120 661 ,<8G, y, r > H 4 ,18^ 17^,5*7 091, 110 595, 003 833, 737 711,811 890,212 774, 651 931,117 827, 751 963, 217 867, 524 921, 920 843, 671 928, 385 853, 408 788, 888 726, 264 ," 1 131 b 55U 48, 032 49, 193 63, 226 55, 557 59, 400 73, 610 83, 470 86. 902 (d, H4 12,587 T i l , 17 J 10,7hO j02,C73 13, 522 457, 105 15, 369 532, 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 ! 0,020 798,311 ,18. o. il .IfeC \7L . 185 0, 35 .173 6.24 .174 6-39 .182 6.40 .184 7.08 .187 7.18 .195 6.73 .207 7.34 .213 7. 91 .080 . .075 . 075 .082 .083 .082 .090 . 094 , 085 . 090 . 100 58, 351 54, 679 55, 333 54, 604 59, 095 54, 949 50, 967 58, 195 r.r>, 34 s 1,975 58, 466 1, 892 53. 947 2,085 55, 678 2,371 54, 433 2, 529 58, 579 3, 003 54, 480 3, 573 50, 511 4,081 57, 642 4, '177 .95,453 2. 93 j Lan b hiid iiui*t«n: Apparent .< n^umptiuii _ . thoas. o f i b h - 59, 7 < i 2 5G, 499 60,436 00,792 f 'old stoi ifi holding, t.i.d of murilh . . ... taous. o f l b s v "iO J l» 985 ],97f> 1.908 Prod'KtH j, "" pe< f jd _ t l • u \ of Ibs »>0, 047 56, 545 66, 54G tiO, 751 I'i ires— | cheep, « v v t s , CLicj ( i^ d«.lls. per 100 Ibu. j.oo 1 * .00 1.C3 1,63 Sbeop, lainbs, Chicago i dol] >. per luO Ibs 4 l-') 4 .98 5,70 ; 5.94 Sheep movomenis, primary naikets: 1,500 1,461 Local olangl tor.. „___.., .thousands..' 1. 30." 1, 281 Receipts.. thousands-2, 1S2 2, 811 3,958 3,900 Sfcipmepis storker aud fee-le^ 055 ! 1,181 ! 1,104 thousands ^1J 2, 468 2, 455 ^hinraeuts, tot'il tLf'iS-^ndc "l ' U o20 M isoellant ous ^H^P i s. • r Cold^tora^e b{,i';.ju .-, flnd of month.. .. , tiVnv cf bs » ' J * nO,i v i l 48,744 50.881 Total n.oats: i, 19] 1,007 \pp-iicn c o i i M j - n p i u - ' i h u ' ^ v>i !!)>. • - ^ . 020 Ti,Kj -:<„ igp h < , I d , i ^«-, 02;i ; 500 038 904 I'r* dutiio".. . . ,. ' s s . o f l h s ',,,;>. i, 085 ; j , 125 Prv 1931 L 98 2. 56 1,55 2,44 3.29 3. 79 3. 09 3.44 5.95 6.06 6.98 8.36 8.76 8.27 8.31 7.98 7. 40 1,474 3,270 1,342 2, 535 1,384 2,587 1,484 2,810 1,410 2,713 ], 157 2,119 1, 056 1, 904 1,201 2, J75 1,230 2,307 718 1,734 243 1,190 289 1,214 176 1, 353 189 1,304 103 948 105 908 184 979 282 1,081 66, 334 69, 026 75, 469 79, 331 81, 359 85, 678 92, 744 93, 747 8 1, 169 1, Oi3 1,012 1,045 1,060 1,004 998 895 1,107 1.002 798 946 946 999 1,014 1, 003 1, 062 1, 078 1, 100 1,096 1, 072 1, 059 1, 092 1, 112 959 1, 401 737 1,254 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, 314 133 80.1 137 81.8 ITUT C'old-Btorage hcldinj. s Pii<' "f month.,. Receipts at 6 markets .. _ . i thous. o f l N ' l i » * 7 i *89, 971 ! 05,068 tlious. of Ibs. 7 >, U * i 64, 731 30,377 50,215 32,409 43, 056 28, 055 119 72.9 120 73.7 119 73.1 118 72.4 121 72.9 124 75.6 126 76.7 127 77.1 134,330 i 100,992 97,725 ! 109,613 GOO 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, 676 461 36, 438 24, 87 1 Pr!c«^ Retail food (Dept. of Labor) Wholesale food .rel. to 1913. .i rel. to 1926.. 117 7 0.9 114 f:-S. i 118 72.0 Sugar Cuban movement (raw); Exports long tons ! Receipts at Cuban i>orts __lone; tons. J Stocks, end of month. thous. of long tons— : Prices: Retail coverage, 51 cities...... rel. to 1913-.: Retail granulated, New 1 York dol's. per Ib Wholesale, granulated, Now j s York dolls. p«" r lb i Raw: I Imports— ; From Hawaii and Porto Rico -- -long tons- ; Prom foreign countries Jong tons. - | Mol^n^s S ports loni* tons < Stocks at rei'UierieSj end of month , ._ .. long tr*Qa.J Refined: Exports, including maple.... ..long tons.. Shipments, 2 oorts __ .__longtons Stocks, 2 ports ...Jong tons- l.V> 71-1 146, 102 101, oi4 101,278 623 5(5 1 102 102 0.^1 052 .052 042 044 .045 ; 104 104 102 102 102 104 106 107 107 107 .052 053 *051 .050 .050 .050 .051 .053 .053 . 053 .045 .045 .046 .044 .043 .044 043 ,045 .046 .040 82.062 120,970 180,928 , 202,564 328,310 41-4,066 135, 228 397, 042 376, 715 14SV 636 324, 848 469, 609 143, 382 239, 085 383, 157 161, 260 161, 816 332, 556 135, 457 279, 578 403, 337 150, 951 364, 493 351, 169 181, 980 212. 453 290, 337 5, 590 81, 700 122, 071 ! 300, 500 207, 000 258, 585 1S7, 552 245,094 ; 321,815 ; 2,007"! 3, 598 ! 4,304 4.365 5!,,'i78 ! 41, 538 48,208 ! 60,502 31,220 34, 486 33,047 i 41,171 429, 229 367, 252 400, 567 463, 730 445, 635 420, 650 329, 324 293, 938 305, 208 3,896 76, 412 37, 116 3, 952 98, 879 30, 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 7 ; 977 ,235 6,578 ,225 6, 953 ,225 4,135 ,225 6,184 .225 7, 995 .225 5,223 ,325 7,289 .225 : • 39,!91 '• 53, 741 178.709 135, 308 231, 740 Tea Imports ,. tnous. of H>s Price, Formosa, firu^ New York.dells, per lb.. ' Revised. ; 100 i 231,039 86, 518 105, 726 j 150.277 009 80 j ; 7, 74S .217 l | i 7, 813 10,271 :! 225 | . 225 8,508 . 225 8, 029 . 225 32 SURVEY OF CURRENT BUSINESS February, 1932 MONTHLY BUSINESS STATISTICS—Continued Earlier data for items shown here may be found in the 1931 Annual Supplement to the Survey 1931 D^m--Nov«u.. 0 c t o b w ! Septan. August j July 1930 i April j March Febru- 120,501 ! 143,558 i 135,771 i 73,818 67,792 lime May Decem i___________ ___ FOREST PRODUCTS Lumber ALL TYPES Exports..... _ _M ft. b. m_. New orders....— rel. to 1923-1925.. Production index (elect, energy consumed)1 . rel. to 1923-1925.. Stocks, end of month rel. to 1923-1925.. Unfilled orders, end of month.rel. to 1923-1925.. 87,520 i 67. 0 100, 4 ....i 77,877 26.1 76. 4 * 103. 2 22.5 85,234 29. 2 : 82.2 !j 98.9 24.2 89,502 j31.3 82,2 I 104.4 29.0 i 99, 633 33.4 79.4 103. 8 33.7 120,354 S5.2 76.9 103.4 . 38.2 47.7 ! 35.6 : 41.5 40.3 86.3 ! 100.4 ! 51.4 ! 97.2 i 105.5 i 48,1 ' 91.5 ! 104.3 ! 40.2 I 93.2 105.9 48.8 84,2 ! 108.2 ! 47.7 | 128, 424 33.8 35.7 82.6 • 110.3 ! 46.8 ! 73.3 116.5 44.7 RETAIL MOVEMENT Retail yards, 9th Fed. Res. Disk: Sales- _ — _ — —M Stocks, end of month M Retail yards, 10th Fed. Res. Disk: Sales _ ........ M Stocks, end of month M ft. b. m,. ft. b. in.. 2,932 a 6, 379 63, 374 * 65,480 68, 318 9,255 ft. b. m_. ft, b. m... 1,697 i 2,599 34,183 i 84,718 35,207 3,481 8,513 73, 274 8,314 73,002 3,249 3,280 3,745 ! K.U384 8, 451 79,017 ! 80,051 3,432 30., 245 j 36, 960 | 37,279 | 37, 718 ! 3, 421 38,816 3,494 5,236 8L15S j SO, 251 3,563 76, 552 3,368 ! 39,534 ' 4,145 70, 531 2.530 37, 739 FLOORING Maple: New orders.... ......—M ft. b. m_. Production. ..__.__.M ft. b. in.. Shipments ... M ft. b. m_. Stocks, end of month. _ _ M ft. b. in, Unfilled orders, end of mouth.M ft, b. m_. Oak: New orders..........._.M ft. b. m,.. Production M ft. b. m.. Shipments . M ft. b.ra_. Stocks, end of month... M ft, b. m_. Unfilled orders, end of month . M ft. b. m.. 1.905 3,045 1.811 24,271 3,491 21,010 15, 738 17,152 83,420 29,353 HARDWOODS All hardwoods: New orders ...mill. ft. b. m. Production ... ...mill. ft. b. m. Shipments _mill. ft. b. m. Stocks, end of month-Total __....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. in. Unfilled orders, end of month ...mill. ft. b. m. Northern hardwoods: Production ... .... M ft. b. m. Shipments .... .......M ft. b. m. Oak: Stocks, end of month— Total.............. 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 measureStocks, end of month._M ft. log measureWalnut lumber: New orders M ft. b. m. Production M ft. b. m. Shipments . ...M ft. b. ru_ Stoeks, end of month M ft. b. m. Unfilled orders, end of month.M ft. b, ni- 125 134 125 3,319 2,863 456 611 511 100 8,147 8,021 1,029 935 95 1,146 1,204 111 1,203 1,184 1,187 17, 670 3,118 SOFTWOOD California redwood: New orders (computed) .M ft. b. in. 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. in. New orders M ft. b. m_ Price wholesaleNo. 1 common.,..dolls, per M ft. b, m . _ , 11.09 Flooring, l x 4 " B " and better, V. 23.51 G ... dolls, per M ft. b. m. Production.. ...M ft. b. m_ 102,51] Shipments . M ft. b. m. 113,703 Unfilled, orders, end of month.M ft. b. m. 85, 501 North Carolina pine: Production (computed)... M ft. b. m. Shipments (computed).......M ft. b. m.. Northern hemlock: Production...........^...—.M ft. b. m. 8hipments.......».v.,.,.».....M ft. b, m.. 17,857 23, 048 20,307 22,766 53, 718 12, 859 189, 355 12. 99 24. 35 115,941 120, 684 105,197 26, 670 35,350 25.63 25,48 i 25.29 149,962 155,334 ! 171,897 102.049 ! 106,525 [! 175,030 81,472 125,341 111,017 27,370 B3? 110 3,928 ' y,8ii 2o. 7(5 | 25, 98 28, 33 | 29. 74 31.14 149.007 199. 601 206,813 I 201,889 186, 222 J 73, 240 I 197,413 221,586 200,099 195, 622 165,030 I 162,944 135,637 215,766 196, 517 30,233 I 31,241 31, 780 1 34,454 24,'140 ', 24,276 33,320 ; 32,375 4,804 ! 7,531 I 9,991 7,884 : 10,123 j 10,013 !| 8,640 ! 9,554 9,893 ?9894 i 8,616 7,437 27, 4S9 33, 250 8,583 5,432 31. 65 ! 31.33 179,059 I 160, 258 186,669 ! 178. 164 181,745 i 182.640 24,313 i 24,129 ' 32,417 i 32,844 6,085 I 5,508 ! 6,328 ' 8,094 31.73 167, 420 174, 583 188,012 28, 350 30, 317 5, 812 4}955 SURVEY OF CURRENT BUSINESS February, 1932 33 MONTHLY BUSINESS STATISTICS—Continued 1931 Earlier data for items shown here may be found in the 1931 Annual Supple- Decem- Novemment to the Survey October B ^ - J A u ^ t j July June ber ber 1930 May April i i M arch i Febru- January Decemary ber FOllEST PBODUCTS-Contlnued Lumber— Continued SOFTWOOD— Continued Southern yellow pine: ExportsLumber M ft. b. m__ Timber M ft. b. m_. New orders ._ M ft. b. m__ Price flooring dolls, per M ft. b. m.. Price index rel. to 1926. . Production „ M ft. b. ra.. Shipruents M ft. b. m Unfilled orders M ft. b. m Western pine: New orders mill. ft. b. m.. Production mill. ft. b. m . Shipments mill. ft. b. m-.~ Stocks end of month mill, ft b. in 1 25, 793 4,636 72, 751 26.31 58.3 77, 749 73, 059 50, 925 18, 425 4,056 111,307 26.31 58.3 110,803 108, 668 62, 013 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 21,958 29,925 i 7,888 ! 8,745 ! 151,484 i 146,860 ! 27. 78 ] 27. 82 | 61.4 61.7 i 119,828 121,994 ! 155,511 ! 151,488 i 82,551 83,013 i ' 127 125 125 1,225 128 137 119 1,245 30,278 12,535 140,322 28. 15 62.4 126,739 138,663 83,475 114 156 125 1, 230 1 ! 34,067 32,544 1 5,827 i 10,256 ! 157,920 169,015 ! 28. 82 ! 28. 32 ! 63.9 68.2 ! 148,048 165,325 165,004 180,306 j 83,958 104,307 i i 107 141 ! 135 141 122 , 125 1, 204 i 1, 196 22,478 6,261 174,020 29.66 65.8 164,929 175,742 121,401 21,309 i 4,935 i 170,709 ! 28.42 1 63.0 I 153,831 ! 163,926 106,932 109 ! 112 120 i 1,174 | 112 66 107 1,174 33,509 8,163 190,985 30.73 68.1 165,065 182,679 116,193 ! i : i 87 ; 63 i 107 1,218 | 35, 873 9,029 146, 465 32.51 72.1 157, 143 145, 110 99,036 111 85 108 1,262 VENEER iRotary-cut veneer: Receipts..Purchases no. ofcarloads_. no. of carloads 1 i 85 ' 64 78 92 99 99 I 79 54 i 83 59 105 82 118 118 101 138 111 112 Furniture Household furniture and case goods: Grand Rapids districtCancellations per cent new orders.. New orders no. days' production.Outstanding accounts, end of month no. days' sales.. Plant operations- ...per cent full time_ Shipments no. days' product! on. . Unfilled orders, end of inonth_no. days' production-Southeastern districtShipments dolls., av. per firm Unfilled orders, end of month dolls., av, per firm.. Steel furniture. (See under steel manufactured products.) Wholesale prices: Beds ..rel. to 1926.. Dining-room chairs, sets of six. rel, to 1926— Kitchen cabinets rel. to 1926 1 ivlng-room davenports rel. to 1923 _ 8.0 11 6.5 15 8. 5 14 8. 0 16 i 7- 0 15 6. 5 18 4.5 [i 27 13.0 1 9 : 8.0 13 12.0 14 j 6.0 13 7.0 16 16.0 15 31 56 5 35 72.0 12 38 83.0 17 39 72.0 ! 19 1 36 73.0 i 16 32 80.0 14 32 ! 74.0 i 12 j 31 i 70.0 i 11 ; 33 67.0 13 34 84. 0 13 : ii 35 63. 0 13 42 68.0 ! 14 43 71.0 17 12 13 11 15 22 23 11 15 15 17 18 17 64, 122 66,042 59,223 55,063 43,077 46,431 52,390 62,382 50,858 36, 692 29, 051 22, 100 42, ISO 47,706 47,997 56,865 ! 19,338 28,248 29,798 34,160 31,781 14, 400 90.7 94.0 102.9 92.3 90.7 94.0 102.9 92.3 90.7 94.0 102.9 92.3 91.4 20 | 73.1 91.0 100.1 82.0 73.1 91.0 100. 1 82.0 80.4 ! 92.1 ! 100.1 84.2 | 82.9 i 92. 1 102.9 88.2 i 85.2 92.1 102.9 88.6 : 1 79.8 81.6 82 5 85, 0 [ 88. 7 89. 4 88. 0 ! 85 2 77 82 97 104 101 79.2 84.2 75.2 282.2 81.8 80.4 81.9 i 80. 1 i 77.1 ! 77. 4 ; 83,8 77. 6 85.2 93. 0 102.9 89,8 90.7 94. 0 102.9 93.2 90.7 94.0 102.9 93.2 1 87. 6 ! 87. 5 87.6 86.9 88.7 100 ; 107 ; 102 92 87 78 81 85.4 i 78. 2 ! 81.0 : 79. 5 ' 83.9 80. 3 71. 2 81. 2 76. 1 82. 1 71.6 85.3 68.7 86.4 i 3.337 ! 4,404 1 6,160 1 4,453 ! 19,616 1.818 6,867 6, 292 3,280 19,468 ],339 4,149 3, 991 2,890 13,417 2, 067 5,186 5, 863 4,040 20, 211 2, 126 6, 781 6,154 3,313 20, 471 85 154 32 58 161 32 69 166 37 75 170 53 559 353 4,142 1,223 651 379 5, 362 1,426 692 398 4, 647 i , 426 .107 LEATHER AND LEATHER PRODUCTS Prices, wholesale, composite rel. to 1928 Production index (Fed. Res. Bd.) rel. to 1923-25.. Production ind^.x (eiec. energy consumed) " rel. to 1923-25Stocks end of month rel. to 1923-25-, Hides Imports3,164 2,327 ?,, 26o 5,05* Calfskins thous. of IDS— 2, 739 10, 846 9, 473 11,934 1 11,870 ] Cattle hides thous, of Ibs, _ 4,261 o, o33 4,783 6,858 !! 7,556 : Goatskins _-thous. of lbs._ 3,879 4, 472 2.333 3,360 3,368 i Sheepskins _ thous. of lbs._ 3, 481 Total, hides and skins. .„. --thous. of Ibs-- 16, 712 20, 492 25, 856 27,445 ! 29,513 I j i Inspected slaughter of livestock: CanadaCattle and calves. -thous. of animals.. 66 75 80 80 ;1 78 247 259 247 204 162 Swine thous. of animals.. 55 193 98 Sheep and lambs—thous. of animals.. 117 ; 81 United States614 781 687 ' 727 ! Cattle thous. of animals 407 Calves thous. of animals.. 355 393 i 357 ! 3,772 Swine thous. of animals _ 4,218 2,955 ! 2,500 1,804 Sheep _thous. of animals _. 1, 505 1,667 i 1,598 I Prices: Packers, heavy, native steers (Chicago) . dolls, per lb.._ .082 .077 .078 . 090 ! . 113 Calfskins, No. 1, country (Chicago) dolls, per Ib _ .085 .083 .078 .098 , 129 \ Stocks, end of month: 27, 413 i 28, 325 i 26, 977 27, 089 Calf and kip skins thous. of Ihs.. 221, 891 217, 394 221,343 i 212,299 '• Cattle hides thous. oflbs.. 33, 152 33, 659 34,649 1 35,376 j Sheep and lamb skins thous. oflbs.. 282, 639 277, 523 283, 405 1 276, 000 ; Total hides and skins ..thous. oflbs.. 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 Ibs Stocks, end of monthFinished -thous. of Ibs.. lu process of tanning ..thous. of lbs__ He vised. 280 .32 309 531 .32 .35 1,003 17, 053 87, 229 68, 705 546 | . 39 ; 459 ; 6,211 9.313 7,686 3,472 28,332 3,646 7,528 9,321 3,313 26,053 1 j ! ! 86.8 94. 0 102.9 89.8 ^ 4, 512 6,812 i 8,274 i 3,091 i 24,437 : i 1 ! ! 77 148 71 92 i 164 ! 56 103 ' 158 : 23 i 101 172 27 706 356 2,7*57 1,491 667 i 417 i 3,251 i 1,516 704 425 i 3,408 i 1,444 i 690 471 3,488 1,493 . 120 ,100 .085 .092 .090 .073 .095 . 139 .129 .129 i .135 .128 .117 .125 23, 132 i 24, 104 223, 182 225, 315 34, 168 ; 33, 172 280,482 282,591 26, 707 235, 649 33, 296 295, 652 27, 553 237, 392 34, 489 299, 434 1,128 29, 033 206,317 35.223 270, 573 652 . 40 ; .37 1, 127 19, 531 1,088 ' 1,160 18,765 | 19,837 : 1,097 19,281 83, 463 69, 850 80,773 81,319 81,906 69,172 ! 68,931 ; 67,212 26, 027 209,697 34,034 269, 758 ; . 144 1,143 ; 983 .37 24, 150 ! 23, 662 216,400 i 220,846 35,026 1 32,926 275, 576 1 277, 434 635 416 3,523 { 1,324 , : 1,075 19,522 i 1,442 949 713 726 .37 | .37 .37 .37 .38 .40 984 951 18,219 | 17,386 1, 087 19, 559 1,226 21,993 91,827 73, 261 90, 878 74, 135 1,034 1,137 18,388 j 20,406 88,044 85,626 i 85,848 i 87,196 67,070 , 67,938 ! 68,933 - 71, 122 i 0,321 2, 488 SURVEY OF CURRENT BUSINESS 34 February, 1932 MONTHLY BUSINESS STATISTICS—Continued Earlier data for items shown here may be found in the 1931 Annual Supple- j y^™ ! vr ft vpm ment to the Survey ; D ^m~ j ber ' October S^'i August 1930 1931 July June May April Febru- January ary March December 1 LEATHER AND LEATHER PRODUCTS— Continued ! Raw— Continued Upper leather. Exports thous. of sq. ft j Price, composite, chrome, calf, black "B" grade dolls, per sq. f t . . ' Production thous. of sq. ft Stocks— ; Finished thous. of sq. ft.. i In process of tanning-.thous. of sq. ft..! Manufactures Gloves and mittens cut - dozen pairs.. ' Shoes: , Exports thous. of pairs-. ! i i 7 926 6,529 6,635 7, 463 9, 234 9,211 8,752 9,347 7,700 9, 133 8,118 . 323 ; 330 48 262 • 60 682 ; | ; 272,328 !' 267,705 115, 023 116, 578 .337 65,543 .348 69,626 . 350 67, 234 . 352 63, 229 .356 60, 542 .356 62, 536 .352 61,515 .354 54, 708 .359 52, 225 .367 57,888 254,306 126,146 250,478 131,095 246, 424 128, 425 250; 612 126, 684 254, 142 124, 330 257, 195 125, 722 261, 057 127, 867 264, 392 128, 907 272,866 129,513 280, 856 127, 785 226,754 223,837 154, 205 182, 077 171, 968 191, 120 175, 988 158, 485 162, 388 142 132 140 167 194 177 185 130 130 6. 75 6.75 6.75 6.75 8.75 6.75 4. 49 4.60 4.60 4.60 4.60 4. 60 3. 25 3.25 3.25 3.25 3.25 3.25 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 29,364 23,971 29, 888 6,641 6,254 5, 687 1,654 ! 1, 438 1,768 11,042 11, 888 ; 9, 644 3, 712 I 3,846 2, 983 2,454 ! 2, 045 1 1, 370 4, 137 i 3, 811 1 2,849 19, 889 5, 250 1,418 7,573 2, 495 853 2,300 57.9 6 ^18 9 718 ! 320 • ]2 } 569 <» i < 243 948 ' 233 394 ! i ' i 136 j 136 Men's black calf biucher | (Boston) dolls, per pair. Men's dress welt tanned calf, oxford (St. Louis) ....dolls, per pair-.: Women's black kid, McKay < sewed .. .dolls, per pair. _ i Production— i Total thous. of prs-.J ^ien s ~ - ~ ~AT~, th , -t . rioj s and youtn^ — _ _ _ i o ... u {..i... _ . VVO-Ilt/ti » _ _ _ - . - _ _ _ ^ Clippers all tvocs A ii otiier looiw ear | j 6 31 ! 6 55 8. 75 6. 75 6. 75 6. 31 j i 4.35 ' 4.35 4. 35 4. 35 . 4. 35 4. 3o j • 3 15 3 15 3, 15 3. 15 i 3. 15 3 -°° i ; 18470 2 2 5 3 8 1 31,293 33,475 28, 614 7, 349 7,423 8,245 °' V « it^ 1, 739 j, ^td o ' l o o ! 1,991 i 2,078 10, 400 11,883 i 13,103 «... ! --, ; ', ' or'' 0 n i -2, 846 i 2.785 i 3,140 thous of ITS --• 4 311 2 4 717 4; 171 I 3,931 3,431 us. i • . _ - , i,yio ^.o-i 2, 849 3,040 | 2,978 IRON AND STEEL 208 6.75 4.72' 3.45 17, 537 5, 034 1,262 5,401 2,003 2,044 1,793 ! New orders rel *-o 1923-25 Production iride^ (Fed. Res. Bd.) i . . rel. to 1923-25..! Production index (elect, energy ! consumed) re 1. to 1923-25. : Stocks, manufactured goods, end of in OB th rel. to 1923-25 \ 35 0 4° 6 ! $ ; 40 43 /0. 0 ! 77 0 73 3 78.3 78.9 83. 1 86. 6 106. 8 108,1 i 119, 4 1 1244 Pf» 3 123.3 J 53,0 128.7 53.4 130. 1 57. 3 136. 6 60- 3 138.9 82.4 142.8 ; 67.4 I 1,470 99 1,052 92 1, 832 128 2, 114 | 122 i 2, 675 194 ! 2, 826 163 ! 2,835 i 169 i .*. 191 1, 7.-J5 2 369 1, 428 599 658 9 106 1, 769 1 176 3 ±24.0 56. 0 | Ore i iron ore: i Consumption thous, of long tons. J ! 1,230 ! In"! ports" thous. of long tons 90 Receipts — Lake Erie ports and i furnaces _ thous. of long tops -Ion ;;/ tons ; long tons - 1 long tons iron — Crude Gray-iron castings: Production av. tons per foundry... 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 e-apnt-ity.. 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 iong tons.. United States, total... rel, to 1923-25.. Pig-iron furnaces in bbsf, 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.. Composite pig-iron____doiis. per long ton... Foundry, No. 2, northern (Pittsburgh) dolls, per long ton.. "37 ! - - long tons. .: long tons..;- 1,451 1 70 ; 1,311 0.4 ^ ^ * i isi ,(!•> < L 8 9 r 56. 2 59. 0 51 59 64 ( ; i 179 3 ( >-* u> i ? 46. 8 ! 46 i Shipments from mines thor'S of Stocks end of month — At furnaces thous. of On Lake Erie docks „„._. thous. of Total ..thous. of Manganese ore: Imports thous, of 157, 079 , i - > C (> ,t, C,/ . ? ,K _< 83.6 i 72 1 75 74.5 ! 59.9 70.9 66.9 64 59 116.5 103.4 110.2 145. 7 1 139.7 69.6 ! 68.6 141.7 71.6 146.4 76.3 2, 350 150 2, 339 176 ; 0 0 0 0 0 i 78 i 73 2, 368 95 0 0 0 o r* 4, 9f >' 3, 80S i 0 0 ^ , ^,451 1H PSfl : 21.9B8 i 23,292 25,751 i 28, 247 | 30, 430 32, 618 * yt 5, '57 5, 147 ! 5, 430 27, 115 I 28,722 5, 765 31, 516 6,011 i 6, 190 34,258 j 36,620 fi, 331 38, 949 17 29 r» ^ f 5/71 1 J',817 ,H7U 22 38 i 37 21 33 120 105 77 1^4 23*> 12° 123 Q3 14^ 252 0 2 10 ! 111 xv 7 GS 3 ~" 200 19, 493 2G. 1 21.200 19,970 2 18. 658 2 IS. 4 217,736 17,990 2 14 980 32.8 56 29, 365 1, [03 3;».9 07 35,SiO 218,233 220.5 : 220,161 i 2 17,473 ; ] 7,610 18.fi 18,193 18,387 18 12 1, 173 i 39.3 1,169 e'j. 1 ' 99 7Q 70 T3 231 101 02 70 117 226 108 82 60 \{n 229 ; ! 18,4?4 19,400; 22, 176 28,328! 36,086: 19.0 20.1 24.5 32.2 36.3: IS. 531 19,943 23,837' 31,450 36,076! 20,513 j 23.5J1 28, 132 j 36,540 37,693; 23 2 <; V 1,2S1 42. 0 40 ' 371 1,463 49. 0 5<"> 3Q,6 1,039 54. 9 73 76 i 82 \ 91 38,600 : 39,085: 45,230, 50,855 70 3(1530 ; [ ! ' ! j 51 54 410 ^04 1,994 2,020. 66. 7 67. 6 105 61,085 113 66,980 122 108 i 101 134 :i 107 i 97 98 8<* i 68 S3S ' 1^£ ' 131 261 268 309 i ! 34.331 ! 32,566 j 32,676 35.9! 34. 4 1 31.5 3 5 , 2 J O i 33,587! 31,267 36, 677 i 32, 663 j 31,536 17 ' 3r">6 2,032 ! 68. 0 j 46 317 1,707' 57. 1 i 103 101 80 112 273 • 3" 9Q 2 1,714 57. 4 116 ! 108 i 102 67,880 | 61, 8*0 ! 57,365 20,433 31.1 30,431 27,474 38 396 1,666 55. 8 95 51,330 15. 00 15. 86 15.00 10.02 15.25 1G. 23 } 15.50 16.32 15. £0 ; 16. S8 ; 15.50 16.38! 15.50 16.25 16.40 16. 64 j 16.50 16.75 10.50^ 16. 72 j 16. 75 ' 16.82; 17.00 16.94 17.00 17.01 17. 46 17. "C, 18,39 IS. 76 18.7C ; 18.7(j; 18.76 18.76 18.26 18.51; 18.70 18.76 o5,f:02 83,230 83,404 705 ; 329,720 i 146,023 : 147,098 ; 741 105,181 247,732 270,880 812 158,495 257.941 288,422 978 210,584 178,224 ; 163,390 95,765 114,593 I 98,397 ~ "' y-i^oi i 110,180 : y^, i\)£. 721 916 i 797 ; 85,399 221,775 ^' , yoo io j """ 621 i 3,912 i 6,412 4, 109 5, 509 I ; 4, J83 i 5,724 i 56,878 : 54.987 7,193 3, 614 7,131 51.657 18. 76 j Iron—Manufactured Products Cast-iron boilers: Gas-fired boilers— Production thous. B. t. u~. Shipments ....thoas. B. t. u _ . Shipments dollars... Stocks, end of month mills, B. t, u. Round boilers— New orders. thous. of lbs_. Production . thous. of ibs. Shipments.. thous. of lbs_. Stocks, end of month-, -thous. o f l b s . . 2 Revised : 208,072 201,956 195,946 : 155,723 213,852 , 159,568 1,108 i 1,089 7. 204 4, 662 7, 309 53, 553 178,101 ; 174,244 ! 227.605 156,769 ' 154,850 I 150,227 Uib, y<id : i-i ft, /4y i My, uo< 997 1,069 \ 1,014 4,948 ! 4,525 4,654 ;1 5,069 5,055 4, 787 59,878 i 59, 770 ! 3,741 j 6,553 ! 4,232 i 60, 221 4,311 4,864 4,071 57.794 SURVEY OF CURRENT BUSINESS February, 1932 35 MONTHLY BUSINESS STATISTICS—Continued Earlier data for items shoion here may be found in the 1931 Annual Supplement to the Survey 1930 1931 December SeptemAugust July ™r " October ber | No m May April March IWteu. January December 12, 200 13, 256 11,422 141, 522 10, 049 13, 140 9, 537 139, 773 8,091 15, 981 8,448 136, 840 9,771 14, 700 8,851 129, 643 9,122 15, 957 8,632 124,238 1 June j IBON AND STEEL- Continued Iron— Manufactured Products— Contd. Cast-iron boilers— Continued. Square boilersNew orders thous of Ibs Production thous. of lbs__ Shipments thous. of Ibs Stocks, end of month thous. of Ihs Cast-iron fittings: Production short tons Shipments short tons Malleable fittings: Production short tons Shipments . short tons _ Radiators: New orders thous. sq. ft. heating surface . Production. thous. sq. ft. heating surface.. Shipments,. 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 __ 17, 723 10,857 16,837 109, 835 11,500 ; 14,689 12,082 117,622 19, 029 11,741 19, 137 106, 617 27, 999 19, 751 31,479 113, 228 22, 547 14, 231 25, 328 124, 657 5, 381 4,778 5, 475 7, 638 4, 592 5,822 3, 650 i 4,442 ! 4, 059 4,77ft 4,165 4,508 4,978 5,088 5,603 5, 379 5,763 5,665 6,2S8 5,897 6,446 6, 758 6, 506 5,358 2,412 2,026 2,973 3,610 2,466 2,964 1,959 i 2,041 ! 2,114 2,330 2,365 2,489 2,471 2,784 3,075 2,995 3,290 3,242 3,379 3,432 3,236 3,533 3, 209 2, 603 8,302 5, 560 8, 465 10, 342 7,292 11, 282 8,508 5,090 9,262 8,365 1 4, 572 i 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 6,781 4,013 4,483 6,801 4,410 6,267 6,961 6,091 7,471 4, 097 6, 866 19,967 14,765 15,264 1 13,028 19,413 !i 15,184 137,143 139,469 34, 388 36, 798 40, 549 44S834 47,414 50,183 50, 953 50, 632 48, 978 45, 969 43, 613 38, 702 26, 066 32, 862 26, 743 32, 835 37, 427 37, 918 36, 930 26, 605 46, 680 51, 769 50, 127 25, 617 42, 109 39, 211 41, 754 23, 975 35,674 32,003 33,636 26, 518 i i 1 ! 39,066 44,611 46.036 28, 151 39, 428 42, 012 41, 001 29, 576 41, 768 43, 799 41, 744 28, 565 43, 287 48, 250 47, 148 26, 510 48, 733 48, 051 49. 861 25, 408 40, 807 42, 083 41, 944 27, 218 58,233 ! 60,213 ! 64,033 27, 079 39, 927 38, 302 31,496 30, 899 6,992 6, 092 900 7,520 6,309 1, 211 7,023 5, 423 1,600 10, 470 8, 470 2,000 10, 115 8,054 1 2,061 ; 8, 077 5,922 2,155 15, 047 12, 752 2,295 16, 620 9,944 6,676 16, 598 8,599 7,997 20, 457 10, 882 9,575 21, 585 11, 708 9,877 22,722 11,712 11,010 28, 522 17, 192 11,330 Steel-Crude Prices, wholesale: Composite, finished steel 2.18 dolls per 100 Ibs 2.16 Iron and steel composite dolls per long ton 30.61 30.32 Steel billets, Bessemer 29. 00 (Pittsburgh^ dolls, per long ton. 28. 80 Structural-steel beams (Pittsburgh) dolls, per 100 Ibs.. 1.60 1.60 Sheets, black, blue, galvanized, and full finished: New orders... . ...net tons- 99, 706 102, 867 Production — Per cent of capacity per cent-. 26.7 26. 3 Total _ _ _ _ not, tons.. 101,570 102, 758 Shipments net tons 103, 400 94, 075 Stocks, end of monthUnsold net tors 74, 7f,3 SO, 191 Total net tons.. 126,540 133/-V) Unfilled orders, end of month.. .LOT tons.. 147, l»,i) Steel castings: New ordersTotal short tons... 20, 053 5 20 001 2 12,832 Miscellaneous short tons. Railroad specialties short tons... 6, 937 '• Y4 Per cent of capacity per rent, . 11 ProductionTotal ..short-tons.. 21,194 2 23, 139 JViis^cIlaneous short tor>^ "• 5 030 2 i/j 138 Railroad specialties „ . short tons, . 6,158 7, 001 Per cent of capacity per cent. . 16 15 Steel ingots, production: Canada thous. of long tons... 28 United States, total. ...thous. of long tons... ~~~i,~302~ 1, 594 United States, total rel. to 1923-25.. 46.1 37. 7 Per cent of capacity per cent.. 30 24 U. S. Steel Corporation: learnings thous of dells 1, 249 1 0°'^ 1 Unfilled orders, end of month thous of long tons 2, 735 j 2, 934 Unfilled orders, end of month rel. to 1923-25.. 61,4 57. 3 2.18 2.20 2. 20 2.19 2.21 2.2.2 2.23 2.22 2.22 2.19 30.81 31. 03 31.05 31.05 31.02 31.39 31.61 31.66 31.65 31.70 31. 76 29.00 29. 00 29.00 ; 29.00 29.00 29.50 30.00 30.00 30. 00 30.00 30. 60 1.60 1.60 1.60 | 1.65 1.65 1.65 1.65 1.65 1. 65 1.63 1. 60 117, 195 120.688 122,849 ! 144,461 163,599 148,612 191,987 236, 310 168, 564 180,863 233, 289 33.1 122,739 11-;}, 365 32. 0 111 8-2 123, 3; ] ?3 9 , 46.3 123,752 174,890 1,")1. 529 , 178,460 40.3 147, 843 156,160 56.6 201, 846 191, 942 58.2 213, 608 211,118 61.1 224, 322 208, 207 57.2 192,218 179, 138 45. 1 167, 865 170, 379 39.8 115, 125 144,040 70, 46-5 137, 243 159, 307 67, 337 143, If,", 161,360 75, 6J8 7:.,i^ ; 77,953 Jt>), 533 160.959 168,013 1 70, 1 '22 203, 358 304, 107 82, 532 1C9, 444 296, 731 85, 415 176. 846 325, lt',9 89, 334 189,915 383, 280 92, 047 181, 614 343, 439 87, 496 180,2^5 360, 479 83, 629 184,590 'J7h, 601 2 22, 854 2 lf», 893 0. 961 16 23> 073 17, 050 6, 023 16 26, 136 27,458 1 32,869 20,610 1 19/248 18, 539 6,848 i 13,621 , 7, 597 : 18 19 23 39, 052 27, 740 11,306 46, 039 29, 844 16, 195 32 48, 184 37, 172 11,012 33 40, 320 31, 184 9, 136 28 46,810 32, 092 14, 71S 32 49, 387 30, 131 19, 256 34 2 24, 113 2 16, 747 7,366 17 26, 948 19. 683 7,265 19 30, 186 21,529 8,657 21 35, 018 25, 608 9,410 24 48. 282 43, 154 31, 083 , 35,439 12, 843 12,071 30 ; 33 56, 755 42, 544 14,211 39 49, 548 35, 638 13,910 34 46, 294 35, 351 10, 943 32 46, 290 32, 093 14, 197 32 31 1, 592 46.1 28 33 1, 548 44. a 28 52 1.719 i 49, 7 ! 31 j 45 1.886 54, 6 34 , 56 2.076 60. 1 38 2 2, 506 72,5 45 | 91 2, 722 78. 7 49 99 2, 994 86.6 54 83 2,502 72 4 49 58 2,459 71. 1 43 56 1,980 57.3 38 1,690 2, 559 2,960 \ 3,662 4, 499 4, 183 i 5, 136 7,191 6,156 6, 118 4, 191 3,119 3, 145 3, 169 I 3, 405 3, 479 i 3, 620 35898 3, 995 3, 965 4, 132 3, 944 65.3 65. 9 66.4 i 71.3 i 81.6 83.7 83.0 86.5 82, 6 1, 059 i 1,188 i 1,010 i 1,057 1,092 1,074 1 1, 272 1, 221 1,306 ; 1, 305 1, 424 1,487 1, 522 1,478 1, 563 2 1, 840 1,768 1,591 1 , 774 2. 19 i i 31. 751 ! 23,339 1 8,412 i "22 72.9 ; | 75.8 | Sr eel— Manufactured S*r*?d!ic;ts Furniture, steel: Business group — New orders .....thous. of dolls. . Shipments thous. of dolls Unfilled orders, end of mouth thous. of dolls... Shel ringNew 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 long tons , Imports... .___.._ long tonsLock washers, shipments thous. of dolls.. Steel barrels: Production... _ _ .barrels.._ Per cent of capacitv per cent Shipments — .barrels.. _ Stocks, end of month.. .barrels.. Unfilled orders, end of month thou*? of barrel^ 'Revised. ; 910 956 1,114 1,078 ; 780 826 790 919 966 ; 948 897 ! 896 952 986 1,072 999 207 22G 304 310 304 310 307 ! 358 328 371 ; 452 449 506 ! 409 ; 408 423 455 481 401 382 418 422 283 515 419 378 383 390 441 483 480 383 398 424 401 409 109 112 110 ; 117 124 129 134 123 104 ! 91,407 75, 585 30, 687 ! 29,689 172 122 101, 081 40, 606 109, 512 33, 343 177 591,399 550,583 41.9 39.9 600, 566 554, 332 50, 328 i 59, 495 57, 203 18 1^ £1 59, 526 23. 104 80 59, 335 23, 335 85 69, 768 24, 509 83 73,338 : 84,466 21,898 28,255 84 ; 96 382, 483 27.9 38,5, 435 35, 179 453, 547 32.7 444, 201 44, 050 489, 555 35.3 492, 145 34, 704 451, 562 31.7 452, 960 37, 294 449,590 j 580,565 31.6 40.7 455,502 581,450 38,692 44,604 620 549 638 914 1,030 i 939 i 552,955 38. 9 549,781 45, 489 1. 078 ! ; i, 48i 610. 788 43.1 618, 801 42,315 1,053 ; 179 1, 195 1 1, 253 110 123 91,212 22, 479 163 92, 745 33, 959 140 101,988 24, 333 115 450, 134 33,1 449, 485 63, 244 421, 814 \ 32.6 427, 622 62, 595 1, 392 1 1, 424 : 412,283 30.3 400, 327 68, 403 1,437 36 SURVEY OF CURRENT BUSINESS February, 1932 MONTHLY BUSINESS STATISTICS—Continued 1931 Earlier data for items shown here may j be found tn the 1931 Annual Supple- \ r>ecemment to the Survey \ ^er iyOVPTri ! her I *! August I July : 1930 June ! May j April F March U ^J " January\\ D ^Jn" IRON AND STEEL— Continued Steel— Manufactured Products— Cont'd. Steel bars, cold finished, shipments.short tons..! 13, 808 12,182 i 13,034> 11,576 | 12,600 14,413 18,360; 22,768 25,141 25,0111 Steel boilers, new orders: ! 692 2 604 467 687 825 i 665 I Area _______ ....... „ ....... thous. of sq. ft-.j 394 595 : 2678 893 672 : 630 ! Quantity ____ ..... _ ............ ..number..! 409 818 658 : 889 827 816 : Steel plate, fabricated, new orders: i 18,268 : 20,839 i! 33,473 24.282 ; 27,261 Total ........ _. ....... .. ..... .short tons..! 16,442 22, 806 28,210 29,916 31,056 j 4,024 1,755 : 1,955 4, 679 Oil storage tanks______________short tons..; 778 1,138 ! 4,136 2,538 2,411 ; 7,749 Structural steel, fabricated: j New orders — : Computed total______..... short tons.- 98,800 87,200 : 110.000 196,800 ' 124,400 159, 200 177,200 j 152,800 292,800 184.400 21.8 27.5 49.2 ! 31.1 Per cent of capacity ____ ..... per cent.. 24. 7 39.8 44. 3 38. 2 73. 2 46.1 ShipmentsComputed total.,.. ........ short tons..: 121,200 111,600 I 145,600 • 150,000 j 168,800 181,600 162,400 ;! 148,000 158,400 151,200 27.9 j 40.6 37.0 Percent of capacity.-. ...... percent-. 30._3 . 1,948 i Track work, production___________short tons..! 2,373 4, 409 5,705 7,453 8, 564 Enameled Ware Baths: New orders__________________ pieces.. no. of Shipments... ________________ no. of pieces_ Stocks, end of month ______no. of pieces..- Unfilled orders, end of month.........__________ of pieces..; no. Lavatories: New orders____. ............ . of pieces..:._ Shipments.......___________ . of pieces._: Stocks, end of month ....... . of pieces. _i Sinks: New orders ___________ of pieees. Shipments___________, of pieces., Stocks, end of month _______ of pieces.. Miscellaneous sanitary ware: New orders _________________ pieces of Shipments ___________________pieces of Stocks, end of month ....... of pieces Small ware (except baths): Unfilled orders, end of month -------------------- no. of pieces.-! Porcelain enameled flat ware: j New orders — j Total_________________________dollars.. Signs__________________________dollars--! TH ble tops___________________dollars. All other. _. _________ ........ -dollarsShipments— Total____________________......dollarsSigns_____________________.....dollarsTable tops___________________dollarsAll other _________ ........ ____ dollars- • 33, 578 - . 24,44.5 l 35,703 ! 25 473 ' 36 022 34, 980 126,718 ; 131,858 134^ 392 10,973 ! ,; 30,269 ! | 30,844 : . - 161,911 i I 12,001 35, 463 139,' 496 12, 320 13, 722 43,238 4i,4S9 44,9(53 43. 372 169,509 1 76, 825 43, 521 45, 262 190, 225 34.997 i 44 237 I 34.163 : 40,437 212,783 ; 224,720 46, 704 i 43,228 47' 922 ! 43, 584 138, 759 i 145,140 42.991 I 40,111 45,512 : 40,449 152,206 163,037 17,110 | 17,486 21,727 21,943 577 : 598 ; 622 516 27,518 2,598 24, 438 3, 585 : 158,400 162,400 39.6 i 40.6 166,400 ! 172,000 43.0 41.6 5,626 6,321 33,196 i 28,041 34,938 1 30.616 166,158 160,851 56.494 68,564 148,909 43, 5 IS 43, 1 74 51, 43. 070 41,907 52, 226,440 236, GG5 245, 19,987 MS OfK 107,9:!2 20,3251 22,067 j 24,642 51,395 ! 45.440 54, 520 : 43. 221 218,007 232,277 33,851 ' 30,883 ! 71, 113 36,642 34,438 • 93, 870 230,817 212,395 192,072 54,693 | 52, 771 56,845 49,443 260,426 273,154 15, 53, 49, 181 50, 575 53! 192, 192,552 I 209,841 587 814 41,532 ! 35,873 i 63,074 41, 787 I 39, 211 '• 80. 095 267, 828 j 259, 442 j 244, 880 , 17,418 ; 26,854 17,718 ' 20,175 83,492 j 86,401 21,911 22, 2: > 1 86, 64G 27, 324 28, 073 86, 455 27, 2) !. 94, 27, 463 26, 453 98, 384 | i 36,465 i 33,500 39, 702 41, 457 45, 49, 637 i 51, 769 21,243 i 22,995 : 18,641 ! 15,781 1 29,785 ! 24,490 i 21,719 18,811 17,768 ! 33,527 101,673 ! 107,917 i 109, 508 107, 439 I 106,152 ! i,293 53,470 ! 56,686 j 65,566 i j 628,969 270,886 120, 623 237,460 i ! | ! 468,779 197,894 102,199 168,680 98,869 119,725 215,628 104, 651 i ! j i 111,957 113, 168 212,683 125, 507 109,086 Plumbers' Woodwork New orders, net_________________DO. of pieces-- 100,013 i 100.194 Shipments______________________no, of pieces-. 100,715 I 100,708 Stock, finished, end of month.. .no. of pieces-. 202,075 190,034 88,895 Unfilled orders, end of month___no. of pieces _ . 88,193 Bathroom Accessories Total: Production _________________ no. of pieces. _ Shipments____________. . . . ._no. of pieces.. Stocks, end of month_______no. of pieces.. Rate of activity (elec, energy consumed)___________________rel, to 1923-25— Building or under contract, end of month — Merchant vessels____thous. of gross tons.. Completed during month—Total----------.______.........gross tons— Steel, seagoing____._____.......gross tons- 110, 106, 199, 100, 372 406 308 556 I 121,490 , ---.-_! 104,849 ' I 645,909 i 94.6 Machinery Total exports__________________thous. of dolls.. 17, 700 Air conditioning equipment: New orders — Total_________________thous. of dolls. . Air washer group_____thous. of dolls.. Fan group____________thous. of dolls.. Unit heater group..... thous. of dolls ._ Electric hoists: New orders— Quantity... _____ no. of hoists.. Value..... ----- ...__. dollars-Shipments ......... _____ _ dollars— Electric overhead cranes: New orders.,___________. thous. of dolls.. Shipments _______________ of dollsthous. Unfilled orders, end of month thous. of dolls — Foundry equipment: New orders ...... rel. to 1922-24.. Shipments....._____. .rel. to 1922-24-. Unfilled orders, end of month____._______, .rel. to 1922-24 . » Revised. 100, 275 111,422 191, 933 89, 409 106, 928 118,358 203, 213 90, 050 101,784 108, 525 211,622 108,080 I 122,642 i 126, 368 | 200,227 i 114,821 | 135,674 ! 125, 652 ! 211,972 1 119,578 103, 462 147, 999 I 203, 283 144, 466 102,497 ; 192,246 640, 886 621, 890 ! 636, 388 84.5 88. » ! 82.0 I 294 326 ! 359 189,979 : 181,955 192,848 j 177,051 625,351 628,220 84.8 288 4,261 i 27,906 ! 11,554 30,471 1, 201 i 25, 002 | 7,150 ! 25,363 118, 510 127, 055 204,586 109,556 89.7 ! 370 i 22,647 I 34,527 16,964 ! 28,613 130,895 117,445 213,574 118,101 ! : « ! 173,588 i 121,546 i 121,205 106,084 • 122,745 ! 158,414 623,316 I 615,812 017,011 92.5 98. 3 ; 114. 8 113. 9 397 409 | 412 421 13, 766 17,443 4,985 ; 13,976 31,100 25,622 9,703 29, 400 ] 44, 000 1, 398 1, 307 i 2755 564 740 i 408 278 125,550 101, 746 201 117, 216 134,995 1,420 123.8 ! 99.0 344 29,413 i , 21,045 i 1 25,971 18,391 35, 300 . j 36,100 : 1,552 ; 1,180 64 585 531 1,284 205 113,862 112, 363 335 133, 295 132,157 231 126, 592 106, 459 268 I 530 I 99 : 274 416 54.1 118. 6 111,689 10S, 021 247, 513 126, 718 423 496 302 671 1,207 j 1,407 1,517 57.7 69.7 174. 4 72. 9 54. 7 j 55. 4 ISO. 1 314.6 . 93.5 666 539 37 SURVEY OF CURRENT BUSINESS February, 1932 MONTHLY BUSINESS STATISTICS—Continued Earlier data for items shown here may be found in the 1931 Annual Supplement to the Survey 1931 D C IliON 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 pulverizer s__ Water-tube boilers.no. of pulverizers .. New orders, unit system — Fire-tube boilers.-.no. of pulverizers.. Furnacesand kilns.no. of pulveruers.. Water-tubeboilers.no. of pulverizers.. Pumps (water): Domestic shipmentsPitcher, hand, and windmill no. of units.. Power, horizontal type..no. of units.. Steain, power, and centrifugalNew orders thous. of dolls.. Shipments thous. of dolls.. Unfilled orders, end of month . thous. of dolls. . Pumps (gasoline and other): ShipmentsGasoline — 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: b erm" 68 57 N b£ m ~ 51 50 October 45 85 56 92 72 96 July May June 62 72 74 95 March April 87 96 118 92 105 91 Febru- January ! December ary 84 73 67 75 | 69 85 104 97 97 140 182 202 212 232 238 225 204 3,765 3,804 9,093 5. 852 6,413 8,860 13,542 14, 234 8, 326 12, 329 12, 536 9,748 10, 621 10,035 10, 155 8,010 7,491 10, 113 6,046 6,044 9,193 5,132 5,562 8,553 5.528 5,248 10, 036 4,836 4,406 8,603 3,699 3, 531 8,645 3,842 : 4,046 ! 8,572 ! 5, 026 5, 025 8, 604 577 616 1,177 1,869 2,076 1,490 971 969 1,399 1,119 689 79 44 4, 163 54 57 4, 074 62 66 4,750 54 69 4,088 55 60 3,962 79 67 5,270 60 58 4,270 67 68 4,167 67 68 4,789 44 76 3,715 521 1 41 58 3,215 725 75 72 6,408 0 0 0 0 0 1 0 0 1 0 0 0 0 0 0 0 0 2 0 2 2 0 2 0 0 1 2 2 0 0 5 2 0 1 4 1 3 4 1 4 5 1 11 4 3 14 3 1 0 1 1 9 2 13 3 0 o 6 0 8 0 3 3 13, 784 850 17, 677 1, 032 20, 490 1,063 22, 379 2,197 24, 579 2, 312 26, 330 2,229 22, 417 2, 135 24, 255 2,145 25, 181 1,772 32,902 1,657 24, 873 i 1,564 23, 056 1,325 556 597 475 627 563 695 599 886 775 800 874 944 875 1,028 921 1,037 1,075 918 950 1,036 765 873 773 718 : 1, 047 1,205 1,782 1,852 2,023 2,161 2, 450 2,441 2, 471 2,605 2,762 2,616 2,717 2,826 | 2, 812 1, 440 3,068 2 3, 075 2 3, 926 2,715 ! 3,676 ! 3, 276 4, 309 4, 585 5, 742 5, 019 7,735 6, 04.1 10, 263 15,216 268 22, 479 291 18, 645 458 22, 708 501 37, 660 985 37, 287 1,162 37, 355 1,077 11, 072 48 13, 231 62 20, 339 83 22, 462 96 229,971 128 20, 735 101 29, 889 111 23, 646 80 18, 723 65 17, 993 63 13, 849 66 25, 902 85 ! 11,726 53 370 458 5, 050 518 6, 030 500 6,681 429 7, 850 525 7,640 567 8, 694 605 9,090 692 7,638 756 6, 105 591 5,434 664 6,010 566 5,177 345 379 331 6 447 572 513 16 533 448 421 46 503 463 391 21 487 513 393 10 484 451 356 16 527 545 400 13 474 491 421 9 486 i 383 ! 400 ! 21 470 500 529 336 356 534 479 516 518 479 502 557 467 8 377 New orders thous of dolls 347 Shipments thous. of dolls., 371 ^hi pircnts no of machines Unfilled orders, end of month thous. of dolls 340 NONFERKOUS METALS AND PRODUCTS Production index (Fed. lies. CO 62 65 Bd.) rel. to 1923-25.. Production index (elec. energy 1 70. 9 76.0 71.0 consumed) . rel. to 1923-25.. 202. 7 201. 9 Stocks, end of month rel. to 1923-25.- i 203. 5 Stocks, raw materials, end of month . rel. to 1923-25,. i 155. 2 2 167.4 163. 9 ' Raw Materials Babbitt rneta! consumption: 607 552 I Direct bv producers thous. of Ibs 1,074 1, 255 , Sale to consumers thous. of Ibs 1, 495 1 ],f>50 1, 862 Total apparent thous. of Ibs 2, 047 1 Copper: Exports, refined short tons... | 13, 599 15,215 11, 429 ! Domestic shipments, refined__short tons.. | Price, wholesale, electrolytic . 0656 (N. Y.)_ .dolls, perlb.. .0S58 . 0673 Production — Index (Fed. Res. Bd.).rel. to 1923-25. _ i Mines short tons 1 Refined (N. and S. t America) .short tons.. Smelters short tons ' Stocks (N. and S. America); end of month1 Blister short tons Refined __ short tons.. ! Refined rel to 1923-25 World production, blister short tons.. ; Lead: i Ore shipments — 1,401 ! 1, 524 ' Joplin district short tons.. 1, 278 Utah short tons 1 27, 535 ! 34,807 i Production, refined short tons.. i 33,576 31,671 I 36, 546 Production (Fed. Res. 64 61 j Bd ) rel. to 1923-25 66 ; Price, pig, desilverized (New York) ...dolls, per lb_. ! . 0379 | . 0394 1 . 0396 ; Receipts in United States, ore.short tons.. ! 28,611 j « 28, 406 ; 232,788 ! »Revised. Septem- August ber 1930 203 179 58 67 4,251 | : 65 65 68 73 73 76 78 77 S5 75.0 < 200.9 | 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 1 147.9 137.7 127.7 122.4 126.9 144.8 130.7 130.9 129. 6- 497 1, 355 1, 852 ! 404 1, 377 1, 781 511 1, 420 1,932 702 1, 605 2,307 731 1, 078 2,409 716 1. 844 2, 560 832 1,829 2,661 687 1.820 2,507 766 ! 2,090 2, 856 647 1,459 2,107 17, 201 ; 40,459 ; 19, 271 45, 816 22, 381 43, 144 23, 244 50, 217 22, 951 45, 265 24, 179 54, 567 31, 536 74, 685 28, 947 60, 636 42, 192 60, 209 32, 208 69, 854 . 0699 . 0729 .0770 .0803 .0867 .0939 .0985 . 0972 .0984 . 1030 60 1 38,088 i 59 38,925 59 38, 228 67 44, 473 68 45, 580 69 46, 452 70 48, 702 76 47, 504 72 48, 059 76 48, 726 86,704 47, 012 90, 190 47, 246 96, 408 46, 503 98, 275 51, 652 102, 695 53, 734 100, 501 52, 085 102,058 57, 922 99, 853 55, 229 102, 458 53, 429 ! 106, 366 60, 022 178,425 479,896 423. 9 120,689 176, 105 455, 775 402.6 121,655 179, 658 440, 417 389.1 121, 504 187, 353 413, 474 365. 3 126, 722 190, 578 ! 193,876 j 198,811 398, 667 367, 921 i 354,205 352-2 i 325. 0 312.9 130, 486 128,877 ; 136,958 203, 224 363, 629 321.2 128, 685 210, 637 363, 827 321.4 129, 390 218, 799 367, 175 324.4 136, 252 3,064 2,290 27,711 31, 577 34, 144 i 32, 157 1,432 28, 806 30, 708 1,881 i 1, 995 1 3, 762 34, 816 i 35, 498 41,576 39, 519 35,498 ; 41,775 2,508 46, 902 39, 464 65 152. 0 2, 911 25,305 31,966 67 .0440 33, 228 61 | .0440 33, 385 64 60 .0440 30, 136 .0392 32, 551 78 71 2,896 48, 705 48, 517 79 82 83 289 .0382 .0441 . 0453 35, 677 i 34, 694 i 37,878 . 0455 35,512 .0480 42, 110 . 0510 40, 462 ! ! 2,721 55, 331 43, 405 | 38 SURVEY OF CURRENT BUSINESS February, 1932 MONTHLY BUSINESS STATISTICS—Continued 1931 Earlier data for items shown here may \ be found in the 1931 Annual Supple- ! Deccm_ j meat to the Survey ! u®J£n October August 1 July 1930 May June April March |ryU~ December Januar y! NONFERROUS METALS AND PROD-; UCTS—Continued i : Raw materials —Continued Tin: Deliveries (consumption) long tons..j Imports (bars, blocks, etc.) long tons..; Price, wholesale, Straits (New { York). ..dolls, per lb__! Stocks, end of month— ; United States. long tons..! World visible supply long tons..! Zinc: j Ore, Joplin district— I Shipments ._ short tons.-} Stocks, mines, end of month ; ..short tons__| Price, slab, prime western (St. Louis) dolls, per lb_J Production-_ short tons.. Retorts in operation, end of month number ...1 Stocks end of month .short ions..' 3,380 I 2, 130 | 5, 385 5,607 5,015 4,882 .2281 6,254 '• 7,458 j 6, 773 51,313 I 50,583 50, 602 5,100 5,587 5,185 4,698 5,505 5,483 6,630 6,126 6, 120 6,986 5, 100 5,903 .2468 . 25V 5 .2502 .2341 .2320 .2512 . 2707 . 2631 .2610 .2527 5,868 50, 722 6,213 50, 987 5, 833 51, 707 5,633 51, 626 6,212 5,698 51,231 i 48, 462 7, 917 48, 607 5, 862 49, 339 4,904 43, 619 4,693 42, 498 7,210 8, 113 \ 7, 495 6,659 17, 113 . 0315 21,905 22,275 129,825 PAPER AND PAPER PRODUCTS j New orders rel. to 1923-25 \ Production index (Fed. Res. i Bd ) rel. to 1923-25 l Production index (elect, energy consumed) j (paper and pulp) rel. to 1923-25.. i Stocks, end of month rel. to 1923-25. -| 5,270 5, 249 tons..; tons tons.J tons 2 Revised. 12, 059 14, 395 22, 470 27, 261 17, 163 25, 389 25,987 31, 056 79, 533 76, 566 70, 935 65,480 ! 61, 110 63, 001 58, 534 56, 013 47,000 .0331 . 0372 .0400 25.688 : 29, 137 32, 328 .0401 29, 562 .0404 32, 522 .0410 32, 733 35, 518 35,635 144, 389 145, 076 33, 640 143, 618 .0338 . 0382 i . 0389 .0342 .0374 20,526 i 21,674 j 21,356 | 21,467 21,365 23, 483 21 82S 130 865 23 774 130 666 1 513 1 862 1 978 63, 044 2 29 447 22 817 21 705 21, 129,701 130, 155 ij 129 701 i ji j 1,231 ! i 3157,472 ! 3 975 3,975 21, 668 131, 833 1,956 21, 422 138, 928 23, 024 29, 072 34, 221 143, 049 143, 212 141, 493 1,732 1,791 2, 680 2,046 * 224, 348 i 1, 643 1, ii 74, 183 74, !! 38 303 38,303 *971 ij 971 1j 901 901 ! 56 735 56, 1,482 66, 906 33, 042 516 562 61, 794 1,263 77, 194 41,331 592 929 66, 188 637 623 103 87 2,358 4,59$ j 3182,486 1, 489 3 208, 936 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, 285 637 711 633 689 630 605 551 81 92 128 135 142 137 133 101 100 97 119 138 110 141 105 87 1 844 81,617 40 171 1*000 1*973 r -9 103 2,038 82,485 42,562 869 1,095 54,691 433 577 644 73 76 79 j 81 73 81 ! 276 905 248 265 387, 770 31' 793 1,782 2,005 3,356 ! 4,487 4, 487 2,777 2,447 4,091 5,112 3,503 3, 667 3,997 ' 245 973 333 1,137 326 :: 806 !! 367 367 840 840 336 890 338 1,106 339 1,303 324 1,819 345 1,630 373 1,326 383 ! 1,139 1,678 39, 1P1 3°3 4 1 2 67, 643 37, 547 24 1 1 2^ 59, 074 64, 736 76,052 ; 201, 344 228,862 71,551 55,362 77, 243 178, 160 78,611 1 057 262 1 398 313 50 ;. 987 43 <:> ! 365,930 |j 365 877 365,877 413,864 !: 299 081 299,081 40,588 1I 48, 707 48,707 188 043 !; 175 629 175,629 47, 142 ii 37, 952 37,952 2,253 86,976 : 87,794 i 875 i 1,752 65,501 360, 444 450, i65 455, 325 473, 767 445, 833 418, 228 393,558 377, 129 402, 130 440, 476 533, 272 396, 958 450, 204 680,251 ' 73,567 111,875 75, 303 208, 713 216, 145 269, 425 70, 303 79, 527 82, 279 47, 041 52. 637 360, 325 240; 081 35, 447 43,011 2,007 91, 564 51, 016 522 1,159 76, 659 104 500, 165 617, 454 2,417 1 345 1, S48 S48 1,783 344 I, 624 402 1, 541 419 1, 475 432 1,975 484 1,652 426 1,369 385 : i 0 0 80 80 0 120 2 134 0 165 8 169 11 177 4 136 23 155 152 79.7 ii 80 9 80.9 82. 5 86.8 90.4 91.4 j 89.7 90-7 93.6 326 326 328 275 275 299 309 404 337 594 594 330 330 330 330 889 889 546 302 324 898 560 253 274 934 514 256 277 1,073 554 340 297 1,096 530 297 304 1,083 574 332 311 1,097 539 344 309 1,145 1,407 • 332 i ; o 9 0 ios 89 115 68 2 368 308 339 ii 583 312 254 953 522 338 312 910 509 333 316 911 160 129 135 ' 197, 080 255, 782 •' !! ii | 158 145 302 174 1S6 246,858 232, 672 264,953 281, 339 312, 916 92, 460 ' 121,413 90, 747 , 122,072 143, 258 140, 080 147, 278 132, 781 '< 103,677 144, 052 120, 723 j 138,538 26, 304 28, 390 28, 724 | 34, 188 34, 929 42, 287 ; 102. 7 101.3 15, 760 16, 087 26, 626 1 l >7, 792 i 96 126. 1 123.9 i 91.0 i 2 357 j 557 330 308 1,079 134 98,310 110,253 2134,003 103,345 134, 003 £ 8, 270 i 120,851 ij 129 693 ; 114,134 129,693 ; 82. 8 307,068 i 251, 544 251,544 67, 145 72,011 88 8 107.0 122. 6 20, 243 81, 190 Manufactured Products Electrical equipment; Delinquent accounts, electrical trade. (See under Distribution movement.) Electric furnaces, new orders kilowatts.. Electric goods, new orders (quarterly) thous. o* dolls..! Electrical porcelain, shipments — Glazed nail knobs thous. of pieces.. ._ Special .dollars. J Standard dollars i Tubes .thous. of pieces. _ i Ungiazed nail knobs, thous. of pieces.. Industrial reflectors, sales units . Laminated phenolic products, shipments thous. of dolls.. Manufactured micaShipments. thous, of dolls.. | Unfilled orders, end of month j thous, of dolls.. . Motors (direct current)— j Billings (shipments) dollars.. New orders .dollars-.! Nonmetallic conduits, shipments tttcus. of feet.. 1,384 Panelboards and cabinets, shipments thous of dolls ' Power cables, shipments.. -thous. of feet.. 743 Power switching equipment, new ordersIndoor.... dollars..! Outdoor dollars Vacuum cleaners, shipments units.Vulcanized fiber — ! Consumption _. thous. of lbs__i Shipments, total thous, of dolls.. Welding sets, new orders — Multiple operations units • Single operation units Miscellaneous products: ! Brass sheets rel to 1926 Copper-wire cloth — ! New orders thous. of sq. ft..' 274 Make and hold orders, i end of month thous. of sq. ft.. 592 Production.., thous. of SQ. ft.. 357 Shipments thous. of SQ. ft..i 2S5 Stocks, end of month. thous. of sq. ft.. 1, 031 Unfilled orders, end of month thous of sq ft i 114 Enameled sheet-metal ware, I shipments dozen pieces..!-. _. _ Pails and tubs, galvanised— \ Production .dozen pieces.. i Shipments _- dozen pieces.. L Other galvanized ware— > Production dozen pieces Shipments dozen pieces, i Wood Pulp Ground wood: Consumption and shipnieats._short Imports short Production short Stocks, end of month short 3,550 5,301 I 102 ! 113.0 122.2 32,276 ! 34, 709 ! 34,709 26,970 36,007 !| 32 764 ! 27,334 32,764 96 7 ; I 89. 3 I 90.5 90 5 93.2 90.7 105 105 109 109 113 110 1 no Ii 121.7 1 121. 7 128.6 128. 6 104. 0 128. 6 112.4 ! 129.7 1 135. 1 126. 1 109.6 131.2 i 123.0 123. 4 104 | 138. 3 128.2 31, 542 29, 579 211 217 i 1.421 '318 165 289, 205 | 267,232 ! 250, 568 34, 347 ! 23,716 ; 28, 142 25,958 96.7 i 110 ! 97.2 87, 140 68, 8S8 21, 657 15, 915 85.8 106 : 98 127.0 ! 111.8 128.6 | 125. 9 117.0 122.6 1 105, 782 : 110,715 1 106,094 21 066 i 21 842 ' 18 750 113,837 ! 104,788 i 96,920 84, 388 76, 332 I 82, 260 100, 180 14 433 87, 638 91,434 3 111,463 17,725 102, 197 103, 975 118,371 118,157 | 13,512 i 12,851 | 121,103 ! 136,858 j 115,235 , 111.832 ! 116,914 23,136 136,438 93,131 Quarter ended in month indicated. QU£ 111,165 14, 652 116,311 73,606 96,823 ! 108, 349 15,656 j 14, 394 95,937 107, 208 68,460 I 69, 346 109, 740 27,024 110.578 75, 498 39 SURVEY OF CURRENT BUSINESS February, 1932 MONTHLY BUSINESS STATISTICS—Continued Earlier data for items shown here may be found in the 1931 Annual Supple- Decem- Novemment to the Survey October Septem- August ber ber ber 1931 1930 Febru- January ary Decem- July June May April 23, 502 24, 362 4, 502 23, 572 24, 834 25, 960 27, 230 4,480 27, 412 28, 102 4,414 27, 660 29, 304 4,660 4,998 27, 884 29, 422 4,624 28, 512 29, 102 4, 366 27, 128 28, 560 5,118 19,092 19, 020 34, 483 2.15 19, 494 21, 178 30, 724 2.15 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 i 5, 490 18, 272 63, 870 2.48 17, 860 5, 474 40, 544 32, 863 40, 600 43, 090 25, 592 40, 4(52 5,320 41, 616 36, 095 41,402 7,948 38, 844 30, 322 38, 698 9, 206 March ber PAPER AND PAPER PRODUCTS- Con. Wood Pulp— Continued Soda: Consumption and shipments. .short tons.. 18, 088 19, 336 Production .short tons.. Stocks, end of month short tons 4,516 Sulphite, unbleached: 16, 574 Consumption and shipments short tons 67, 062 46, 789 Imports - .short tons 2.15 1.81 Price dolls, per 100 lbs._ 17, 946 Production short tons Stocks, end of month _ _ „ _ .short tons 6,348 Sulphite, bleached: 32, 550 Consumption and shipments.. short tons_. Irnports . .. short tons- ~~25," 288" 2 35, 726 33, 388 Production short tons 6, 994 Stocks, end of month _ short tons Total sulphite: 69, 885 Consumption and shipments. .short tons.. 102 730 Production short tons 26, 294 Stocks, end of month short tons.. Sulphate: 33, 828 Consumption and shipments short tons 36, 624 Production short tons.. 4, 144 Stocks, end of month short tons._ Other grades: 844 Consumption and shipments short tons 768 Production short tons i 236 Stocks end of month short tons ! _ _ . . Total chemical (all grades) : ! 152, 648 Consumption short tons ... 159, 458 Production short tons 35,186 Stocks end of month ^hort tons Paper Box board: j Consumption of waste paper short tons ' ._ _ _ Now orders ._ short tons. .1 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— j 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... 160, 146 Exports, Canada short tons.. Imports. United States ...short tons.. " 168," 087 ~ Price, roll, destination, Kr. Y dolls, per short tons 57. 00 Production — Canada .short tons.. 165, 173 United States, total.. .short tons.. 93, 861 Per cent of capacity per cent .. 63 Shipments— Canada short tons 165, 017 United States short tons., 93, 550 Stocks, end of month— At millsCanada short tons.. 54, 214 United States. short tons.. 32, 709 At publishers, U. S short tons.. 195, 505 In transit to publishers, United States short tons.. 40, 495 Other paper: Binders' board, production short tons Book paper: Production short tons 1 Per cent of capacity per cent Shipments short tons i - — Stocks, end of month ..short tons._ New orders— Coated p. ct. of normal production Uncoated p. ct. of normal production Unfilled orders, end of month— Coated davs' production Uncoated. -_ -davs' production Fine paper: Production short tons i Per cent of capacity per cent j Shipments. ._ __ short tons _ ' 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 i All other grades: Production . short tons_. Shipments short tons.. Stocks, end of month short tons 2 Revised. ::::::::: 4, 058 3,598 24, 278 25, 508 4, 620 21,170 53,014 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 19,814 5,724 16, 698 49, 314 2.15 19, 800 6, 388 5, 500 4,256 37, 090 29, 169 37, 080 6,156 35, 784 34, 943 36, 232 6,166 37, 818 29, 510 37, 736 5,718 35, 448 23, 109 35, 202 5, 800 38, 080 29, 558 39, 048 5, 986 37, 440 28, 614 38, 262 5,018 36, 092 4, 196 112,224 109,894 105, 666 109, 558 25, 836 108, 924 107, 430 23, 710 105, 294 107, 664 23, 626 111,282 115,200 110, 722 115,960 21, 558 18, 698 37, 174 39, 004 3, 848 35, 202 36, 866 36, 630 38, 522 3S, 156 39, 228 39, 828 40, 948 5,384 6,050 7,524 1,168 1, 062 312 986 942 418 754 890 462 1,078 1,202 326 170,442 171,186 163, 412 168, 894 34, 456 170, 586 172, 350 34, 170 200, 138 215, 752 64.8 218, 157 218, 489 79, 248 205, 084 235, 382 7, 946 70.9 221, 684 221, 261 79, 580 153, 712 61, 067 36, 055 151, 658 61, 365 174, 092 171, 151 176, 228 173, 852 171, 031 ISO, 230 168, 401 173, 936 6, 403 59. 5 182, 208 174, 234 87, 222 19, 876 21,226 2.15 24, 198 32, 416 209, 903 218, 527 7,840 21, 558 21, 528 21,076 3, 936 37, 272 30,511 110,840 5,376 115, 794 117, 122 112,552 19, 770 ] 121,774 116,830 120,628 i 117, 158 24, 340 | 28, 720 115, 974 IS, 734 115,022 39, 590 41. 870 9; 076 39, 082 41, 292 34,014 9,594 10,152 35, 880 38, 104 10, 092 33, 722 36, 674 10, 426 i 774 202 1, 072 514 206 844 898 764 1,184 1, 188 710 1, 016 1, 098 706 1,258 1, 190 624 168, 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 ; 208, 513 223, 990 227, 125 236, 173 206,571 8,200 8,727 7,^903 213,614 213, 686 221, 048 8,114 69.6 222, 927 218, 244 79, 157 221,980 83, 787 70.3 224, 110 223, 328 82, 840 77.8 232, 020 231, 746 82, 058 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, 065 199, 229 162, 528 211,782 173, 258 7,520 ! 6, 261 64.5 53.1 211,691 176, 483 209, 660 175, 170 74, 482 ; 72, 451 45, 386 149, 029 61, 327 47, 549 148, 042 47, 206 47, 052 166, 006 49, G98 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, 229 191, 507 50, 838 34,510 197, 699 55, 744 152, 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, 345 150, 403 144, 236 148, 388 160, 660 153, 362 172, 110 4,604 7,685 65.9 2 224, 021 18, 998 36, 542 33, 190 36, 204 10, 006 177,272 182, 014 43, 872 1 42,181 1 34, 292 201^ 597 53, 622 166, 645 225, 495 194, 144 57.00 57. 00 57.00 57. 00 57. 00 57. 00 57.00 57.00 57.00 57.00 57.00 175,643 178,412 165,124 94, 149 66 184, 252 97, 117 63 91 241 64 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, 599 68 164, 552 88, 788 65 182, 1557 101, 990 09 i 184, 755 99, 276 69 173, 601 93, 723 191, 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. 730 102, 350 90, 901 180, 027 188,845 101,044 48, 735 32, 398 187, 839 42, 963 31, 953 190, 367 50.451 33,517 197, 716 49, 128 32, 007 202, 121 47, 288 S3, 616 203, 944 39, 832 33, 906 189, 990 39, 962 32, 956 17S, 333 39. 754 34, 289 185, 560 39, 850 32, 254 190, 728 42, 259 33, 627 211,142 38. 768 H2, 1)03 217, 889 42, 064 38, 022 34, 379 30, 879 34, 566 39, 041 44, 859 45, 352 44,011 39, 486 39, 02:2 : 1 323 1,695 2, 069 1,535 1,486 1, 809 1,401 1,543 1,515 ! 102, 111 6G 2 105, 379 85, 594 98, 563 69 101, 323 89, 440 106, 439 71 104, 097 92, 684 106, 015 71 107, 075 89, 984 113,022 117,609 117,964 114,306 77 118,782 119,026 90, 985 78 113, 140 92, 464 117, 374 79 87, 395 89, 088 57 57 59 53 61 58 60 65 70 67 76 68 64 74 5 5 5 5 6 5 5 6 7 6 6 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 78, 360 90 76, 479 77, 047 78, 074 88 78, 777 75, 146 78, 174 87 76, 845 76.. 051 78, 271 74. 728 74, 062 70, 755 75, 655 75, 895 69, 174 95, 576 67 103, 588 87, 477 \ 24, 116 50 24, 526 53, 996 27, 793 56 29, 071 254,398 65, 647 77 64, 925 82, 032 73, 347 79 72, 027 72, 107 81 81,318 80, 021 68, 303 66, 718 67, 468 77, 934 80, 425 C4, 500 77, 505 79, 574 66, 020 69,151 81,315 68, 192 111,327 62. 00 100,440 | 99, 062 36, 777 32, 061 2 i 7, 051 38, 82i 1, 477 125, 335 79 127.466 100, 188 75 101, 090 94, 413 114,302 76 (56 75 65 69 6 6 8 6 6 6 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 66 34, 707 61, 148 25, 485 52 24, 873 «8, 310 78, 377 88 76, 888 78, 107 79, 261 91 80, 371 76, 582 75, 404 85 76, 083 77, 718 72, 281 88 71, 920 78, 404 71, 826 82 71, 970 78, 047 74, 554 78 73, 137 72, 333 78, 509 83, 882 68, 734 80, 983 81, 268 71, 545 74, 123 74, 186 70, 054 69, 735 67, 618 78, 378 72, 122 65, 594 75, 094 80 69,540 117, 849 90, 353 i 7 6 71,717 65, 777 SURVEY OF CURRENT BUSINESS 40 February, 1932 MONTHLY BUSINESS STATISTICS—Continued Earlier data for items shown here may be found in the 1931 Annual Supplement to the Survey 1931 PAPER AND PAPEE PKODUCTS-Con. Paper— Continued Total paper (including newsprint and box board): Production snort tons__ Per cent of capacity per cent-Shipments short tons_. Stocks, end of month short tons.. 1930 i I April March Febru- January Decemary ber 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 i 66 ! 621,365 406,587 i 551, 080 65 545, 049 425, 234 62, 268 8,218 65, 452 9,525 64, 910 9,528 56, 001 8,261 53,752 : 9,290 36, 971 12,516 81 71 79 84 65 79 81 S 79 62 75 78 61 74 449,285 402,031 ! 416,282 106,800 95,582 ; 99,754 556,085 ! 497,613 516,036 67 i 65 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 77 305,274 77,921 383, 195 i 84 283, 933 75. 507 359, 440 66 50,587 09, 004 Decem- Novem- October \ ^e^m" i August ber ber July June May ' 527 714 410,593 38,272 5, 323 53,348 6,942 70 o7 \ 596,459 67 604,007 397,011 81 66 77 529 999 05 587,543 591,414 607,700 ! 621,411 70 67 70 j 71 589,218 596,623 i 606,847 i 615,877 406,067 : 408,345 j 413,011 415,681 Paper Products Abrasive paper and cloth: Shipments — Oomestic reams-Foreign reams- _ Paper-board shipping boxes: Operating time— Corrugated p. ct. of normal-Solid fiber .p. ct. of normal. _ Total p.ct. of normal-Production— Corrugated thous. of sq. ft.. Solid fiber... -thous. of sq. ft.. Total thous. of sq, ft.. Rope paper sacks, shipments. .rel. to 1921-22.. 35,433 6, 376 53,373 6,552 j 54,721 7,119 82 71 79 80 68 77 438,296 448,910 101,997 I 103,740 540,293 : 552,650 69 i 75 1 346,527 ! 82,788 j 429,315 49 j 64 51,948 ! 54,431 7,832 8,705 78 i 68 : 76 63 54 61 60 58 60 FEINTING Blank forms, new orders Book production: New booki Now editions Printing activity Sales books: N°w orders Shipments _thous. of sets- - no. of titles.. DO. of titles.rel. to 1923.. thous. of books.. _thous. of books. 57,819 ; 48,309 656 142 1,070 157 79 724 103 83 : 47,351 ; 45,455 ; 735 147 83 : 8, 096 9, 313 9, 974 ! 9, 546 ! 71 74 79. 2 90. 1 93. 5 93. 2 ; 82. 8 i 96.4 50,357 • 48,322 55, 266 48, 877 52, 887 48, 751 568 ! 150 77 586 117 84 708 178 96 640 220 97 746 107 98 678 136 96 10,514 10,382 11, 587 10, 585 10, 284 11, 079 11, 204 10, 669 10, 054 10, 652 770 ! 194 i 76 j 10,663 i 10,275 10,664 11,241 10,511 ! 10,321 10,501 j 9,997 625 i 150 ; 95 95 10, 735 10,454 9, 455 10.893 BUBBEE AND BUBBEE PBODUCTS 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 1923-25. - 2 79 , 88. 0 94.3 112 126 123 107 98 94 88 73 97, 4 112. « 121. 0 121.0 122.3 120.6 109,0 118.1 109. tj 118.4 112.9 113.0 99.0 107.4 Si, 3 ; 10. 6 «99, 135 383,894 46,939 35, 844 44, 90S i &2, 480 68, 593 40, 7^ 34, 374 36,598 s 66, 2 8 •" 52, 2c-4 37, 370 .063 .064 .064 .077 .076 .082 90 98. 5 ; 102.4 Crude Rubber Consumption, quarterly: 3 76 Q41 ; Total long tons,. l 361,283 .. For tires long tons.. 41, 398 38,933 39,033 j 44,052 Imports (including latex) —long tons.. 53,818 45,103 Prices, wholesale, smoked sheets, .050 .050 .054 i .063 New York dolls, per Ib __ . 046 . 04i> i Stocks, domestic, end of quarter: 3 4C 770 ' Afloat ---long tons.. 343,525 . Dealers - - long tons.. 3171,296—• — Manufacturers -long tons.Total, dealers and manufacturers : _ long tons.. ?214,821 .... . — 66,529 65,392 66,600 World shipments, plantation.. long tons.- _ _ _ _ _ _ _ ' - 71 >,it , 71,511 World stocks, end of month: ; 86, 465 84, 644 84, 156 i 90, 768 •Vfloat long tons.. 91 2^ Europe long tons.. _. j p i 424 lou, 638 137,597 140,192 ] 139, 2:>1 41 fm 39,253 42,779 ' 43, 3G4 Producing countries long tons _ a" 11 ", United States long tons._ 3 2 f , 0 ' 5 j 2'»(. °"> -75, 750 258, 352 244, 627 , 235, 746 539,907 519,846 511,754 509,139 World total long tous.. Reclaimed rubber: 6 }3S 6. 907 7,778 '•• 8.929 Consumption - - .- long tons. . " }H 1 *» ftt. 8, v ' o 8,955 9,402 i 10,506 Production -.long tons.. S, 2-5 1 7 34 J 11 :73 13,781 13,732 i 14,176 Stocks - .long tons.. i "> 40(. H MO Scrap rubber: ! Stocks at reclaimers, end of - 3 GO 406 quprtfT long tons.. Tires and Tubes Pneumatic casings: Production Shipments— Domestic Exports Stocks e n d o f month Solid and cushion tires: Production Shipments— Domestic Exports Stocks end of month Inner tubes: Production Shipments— Domestic _ Exports Stocks, end of month Raw material consumed: Fabrics Crude rubber ; __| !j thousands.. thousands J . . thousands . ; thousands _ ! thousands,.1 thousands, thousands _i 52, 658 » 43, 711 *139,613 ! ; • j ! ! > ' thousands thous. of Ibs , thous. of ins ' i 2.001 i 10 ; 4° 68, 628 86 867 140,265 43,760 225, 346 496,238 93, 379 143,747 41, 176 219, 405 497, 707 ' 10,175 13,082 j 14,804 j 63, 395 3 187,753 71,218 65, 719 9,161 12, 338 14, 685 3 » 59 103 57, 198 z jss 379 05, 661 86, 469 130, 247 43, 958 210.611 471,285 | 9, 709 12,032 I 14, 700 ! 65,714 82, 687 127, 553 43, 154 207, 085 460,479 81. 479 121. 131 30, 118 201.000 439. 728 8, 582 9, 728 : 16*373 : 8, 424 10,110 15,102 j (', 759 9, 469 17, 520 3 .-/j. 4^4 i 2,538 13 1 43 3,125; 3,941 4,538 4,543 3,955 , 3, 730 j 3, 188 2,940 3. 034 111 : 6,527 3, 845 i 123 ! 7,117 4, 244 i 125 ! 7,936 j 4, 320 137 8,358 4,197 135 8, 250 3,894 142 8, 025 3, 143 155 8, 012 2,580 142 7,629 2,855 140 7,166 10 12 I 13 i 12 11 12 11 12 1 46 2,379 15 i 1! 51 i 15 1 : 55 14 1 57 14 1 61 14 Ji 15 1 69 ; | 2. 251 : 2, 550 139 7, 203 11 13 : 13 12 1i 73 12 '. 1 ; 75 i 12 l 7fi ] Ov^ i 2,462 2,759 3,548 ' 3,964 i 4,286 4,330 3,693 3, 560 3,133 2, 898 2, 44S 2, 187 63 6,657 ; 3, 247 73 6,476 4, 158 ' 82 7,019 ; 4, 509 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 I 3,147 102 ! 7, 552 2, 634 ' 96 7, 999 11.745 ' 15,140: 17,085 36,232 : 4(5,697 ! 51,280 18, 010 53, 418 15, 244 45,016 14, 041 41, 851 12, 002 12, 738 | 36, 651 ! 36,319 8, 358 25, 537 0,263 2\372 : 9, 5S5 29,854 > : ! j 13, (>54 | 14, oil 10, 221 23, 2oo , 2 Revised. < 44, 280 3 " S 804 '- I 9 '* 575 78. 159 ' 88,959 112, 520 137, 452 42, 806 45, 782 224,211 215, 523 487,696 487,716 10,220 12,535 14,431 : '> 022 ,"4 o, 4 ( j». s ;;fji 25 ( 2'- Miscellaneous Rubber Products . . »183,324 62,090 .059 • > 49, 471 » 49,613 8 138,140 i I 2 223 i 2, 185 96 i ! S7 i i I f ) 3 3 5 6,640 ; | f 11 < » i thousands., thousands thousands Calendered rubber clothing: Net orders no. coats and sundries.. Production. _no. coats and sundries. _ 8 1 ..thousands.. 3 | i ! 20, 925 : 23, 906 i 21, 580 17, 932 i 21, 161 19,773; 2 2 , 7 2 8 ! 27, OSO i 14,131! 15,419 ! 3 19, 380 18, 094 16,846 16, 803 ; Quarter ended in month indicated. 19,380 i 19, 220 1 16. 361 18,276 21,884 13,059 12.881 20, 791 41 SURVEY OF CURRENT BUSINESS February, 1932 MONTHLY BUSINESS STATISTICS—Continued Earlier data for items shown here may be found in the 1931 Annual Supplement to the Survey 1931 Decem- Novem- October Septem- August ber ber ber 1 1930 ; ! July i June 1 May April Febru- January ary March December RUBBER— Continued Miscellaneous Rubber Products— Con. Mechanical rubber goods, shipments: Belting. thous. of dolls.. Hose thous. of dolls.. All other .thous. of dolls.. Total thous. of dolls.. Rubber bands, shipments ..thous. of lbs__ Rubber flooring, shipments., -thous. of sq. ft_. Rubber and canvas footwear: TennisProduction thous. of pairs Shipments, domestic thous. of pairs _ Exports . ..thous. of pairs.. Stocks ._ thous. of pairs. _ Waterproof, totalProduction thous. of pairs. _ Shipments domestic thous. of pairs Exports .thous. of pairs. .1 S tocks . . 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 _ ShipmentsExports .thous. 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.. Raincoat fabrics thous. of yds.. All other. thous. of yds.. Total thous. of yds.. Rubber soles: Production thous. of pairs _ Shipments — Exports thous. of pairs Reoair trade _ .thous. of pairs. . Shoe manufacturers.. .thous. of pairsStocks end of month thous. of pairs 483 85G 961 2,300 197 462 601 972 1 105 2,678 225 550 788 1,041 1,186 3,015 201 595 802 1,161 1,393 3,356 195 ! 595 914 1,436 1,356 3,706 246 577 I i 1 ! i ; 798 ; 790 1,650 1,857 1,431 1,584 3,879 4,231 209 215 576 669 832 2,129 !l 1,656 4,617 i 259 569 | 889 1,892 1,631 4,412 231 496 722 1,611 1,378 3,711 222 366 759 1,440 1,400 3,599 211 365 675 1,337 1 326 3,338 165 597 1 443 446 29 7,044 1 231 589 44 6,076 1 012 1,263 72 5,473 1 021 1,223 29 5,704 836 1,520 125 5,957 i < i | 1 999 2 142 2 657 3,316 100 121 6,766 i 7,523 2 591 4 049 i 150 1 8,833 i 2 609 3,107 236 10, 328 2 492 2 688 200 11,047 2 409 2,377 110 11,447 1 875 871 175 11,633 2,773 3 186 59 13, 323 3,131 4 318 153 13, 804 2,922 4 185 186 15, 141 2,361 2 842 151 16, 366 1,570 1,510 117 16,978 1,922 1 1,261 1,229 626 108 ! 50 17,024 ! 16,357 1,102 1,070 72 15, 733 874 944 53 15, 803 958 1,015 92 16,030 1,272 1 549 74 16, 179 2,214 3 888 63 17, 172 4,217 3, 632 88 20, 367 4 363 4,907 197 19, 880 3,934 5,448 258 20,615 3,382 4,065 180 22, 070 2,407 3,030 242 22, 935 3,921 i 3,402 3,886 :! 3,942 208 171 23, 789 23, 881 3,693 5, 119 222 24, 566 3,483 4,050 288 26, 130 3,450 3,704 292 27, 077 3,681 i 3,926 i 184 27, 627 i 4 089 4, 759 237 28, 806 11, 455 14 567 15, 827 16, 293 15,361 17,093 15,474 15, 408 14, 661 13, 156 12, 973 13 101 591 4,537 6,610 25, 213 617 5,924 7 484 24 652 501 6,994 9 724 23, 952 514 5,355 11 653 25, 832 540 ' 630 4,058 ! 4,946 11,177 10,522 27,006 27,898 612 3,975 9,693 28,491 578 4,038 10,112 27, 764 577 4,868 10, 991 26, 708 658 4, 854 8,397 29, 335 748 3,939 8,471 30, 302 838 3, 450 6 618 29 741 394 1,267 868 2,529 445 2.476 1,191 4,112 528 2,988 1,176 4,692 596 2,226 965 3,787 531 1,843 ; 963 , 3,337 701 1,355 1,156 3,212 982 1,066 1,002 3,050 710 1,040 1,271 3,381 738 863 1,168 2,769 644 567 973 2,184 577 1 738 891 2,206 i 476 697 736 1, 909 2,840 2 610 2,880 2, 933 2,864 3,177 2,885 2, 692 2, 292 2,724 2,481 ' 3 021 29 308 2, 579 2, 180 45 370 2, 273 2 153 90 290 2,604 2,264 67 234 2,790 2,395 67 196 2,569 2,475 59 225 2,899 2,461 62 330 2,651 ' 2,655 69 255 2, 474 2,764 14 408 2,145 2,876 36 290 2,259 3,167 11 287 ! 2,090 ! 3,032 i 58 243 2, 305 2 917 42.0 44.0 50.0 46.7 49.0 60.0 ; 48.7 65.3 48.0 53.3 48.7 104.8 ;' 154.5 25. 0 118.7 164.2 26. 6 132.0 174.9 i 27. 3 i 116. 5 175. 5 23,7 105.1 179.4 25.5 102.6 i 173.4 I 24.2 I 75.3 165. 0 28.0 100 6 166 0 33*8 640 521 3 660 : 669 | 540 574 3 652 733 649 i 569 3,684 781 533 579 3, 698 784 395 : 522 3, 734 685 338 i 369 1 3,836 708 310 i 303 ! 3,856 778 i 494 355 3 823 778 4,140 3,718 i 1,493 910 3,306 3,367 12, 545 11, 594 6,720 ! 5,245 ! 6 053 1, 846 4 277 12, 070 9, 125 23l" 587 93l" 763 ! STONE, CLAY, AND GLASS New orders rel. to 1923-25... Production index (elect, energy consumed) rel. to 1923-25.. Stocks end of month rel. to 1923-25 Unfilled orders, end of month _rel. to 1923-25 . ! 113.8 146 6 23 2 113 4 2 140 7 2 23 4 113.9 150 9 8 24.0 105.9 143.9 224 5 325 318 3,521 457 422 479 3 516 534 434 454 3 577 587 425 477 3 602 639 1 3 190 634 3 350 10 035 10, 485 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, 659 1, 396 5,855 ! 1,814 1, 537 5, 872 1 779 1,941 5, 709 1 820 2,310 5 536 1,859 2,213 6,930 1, 508 47 2 | 6,387 1,692 55. 1 6,745 2, 128 64 2 6,713 1,948 62 0 6,860 ! 2,239 68.6 7, 591 69.0 150 5 2 J 62.3 Brick Face brick (average per plant): Production thousands. . Shipments thousands Stocks end of month* thousands Unfilled orders, end of month-thousands.. Sand-lime brick: Production ... .thousandsShipments by rail thousands.. Shipments by truck thousands Stocks end of month thousands. Unfilied orders, end of month-thousands- _ Glass Containers Net orders thous. of gross.Shipments thous. of gross.. Stocks, end of month . ... thous. of gross.. Production: Total thous. of gross. . Per cent of capacity Unfilled orders, end of 'month, thous. of gross.. illuminating Glassware New orders p. ct. of capacity. Production: To^al 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' supply Plate Glass Plate glass, polished, production thous. of sq. ft— 292 222 3 514 383 1 6,518 529 6 424 10,199 10,710 6,664 494 6,758 8,975 9,960 5,084 ! 3, 999 1,698 1,595 3,330 4,375 11, 119 10,724 6,513 1 6, 232 2, 102 2,180 ; 6,887 ! 2, 465 2,491 6,086 2,268 i1 69 6 i 8, 268 2,565 75.9 8, 625 2, 119 i 2,545 1 6,003 i i 2,481 ! 73.4 1 9, 127 | 4,869 1,466 3 743 12, 566 7,070 1, 952 2,291 6, 078 2, 250 2,479 5,974 2,342 1,972 6,307 2, 634 2,041 | 6,696 1 2, 404 71.4 9, 785 2,166 64.4 10, 340 ' 1,777 57.2 10, 913 1,776 i 52.8 1 10, 761 20.8 26.6 26.3 24.8 24.3 29.3 27.3 28.6 32.4 1 774 23.7 20.7 3.8 2 276 30 4 30.1 3.7 1 679 22.4 26.0 • .9 i 1 607 21. 4 21.6 .8 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 .8 .8 .8 .8 .2 .2 .8 ,9 3,385 4,532 4,611 6, 088 7,216 7,554 9,466 ! 10, 174 2, 918 2,025 2,094 ! 2, 544 17, 992 | 19, 597 3,142 3,683 21, 957 4,740 ! 4, 571 4, 533 ! 5, 761 25, 236 23, 45C 6, 796 5,577 24,641 6, 213 5,237 27,850 4, 824 ! 6, 898 4,665 4,093 28,394 28, 248 7, 697 87. 77 10,476 98.91 10,804 98.96 11,387 99.16 116, 794 122, 977 127, 954 I 139,005 529f 531 533, 305 161, 435 i 172,595 121,324 135,292 554,939 188,623 136,285 134,549 574,304 202,591 119,922 128,574 593,268 200,855 2 1 837 2 i ? 450 6, 697 2 2 1, 627 50. 1 9, 465 2 2 27.0 30.7 26.5 i 1,818 i i 25.9 4.2 2 183 29. 1 28.7 1.1 1 912 30.9 27.6 5. 1 1 .7 10, 593 • 8, 882 : 24.2 .2 > .7 7,321 4, 941 6,163 1 5. 570 4,178 ' 3', 699 30, 004 30, 259 4, 559 4,597 i 29, 347 4, 586 3, 259 29, 598 32, 541 98.84 31, 497 97.86 ; 30, 526 96. 49 29, 863 i 99.26 ; 30, 400 98. 52 93,108 117, 105 597, 476 209, 507 64, 260 133, 802 583, 099 233, 504 , 150,451 184,563 552,403 303,046 250, 183 172, 334 594, 886 337, 158 ; i 131, 807 108, 065 623, 125 Plumbing Fixtures Porcelain: Net new orders. number of pieces.. Shipments number of pieces. _ Stocks, end of month— .number of pieces.. Unfilled orders, end of month number of pieces Wholesale price, 6 pieces dollars.. Vitreous china plumbing fixtures: New orders pieces.. Shipments piecesStocks, end of month piecesUnfilled orders, end of month pieces-• Revised. 4,832 93.52 6,072 94.15 5 887 96. 12 96, 004 102, 150 522, 721 192, 863 135, 931 125, 891 501, 972 199, 009 182,938 155, 404 506, 901 188, 969 7 104 i 96.32 ! * Adjusted to account for degrading and year-end physical inventories. 259,309 SURVEY OF CURRENT BUSINESS 42 February, 1932 MONTHLY BUSINESS STATISTICS—Continued Earlier data for items shown here may be found in the 1931 Annual Supplement to the Survey Decem- Novem- October j ber ber K6rm° August July June ; May April March Febru- January Decem\ ber ary STONE, CLAY, AND GLASS— Continued Portland Cement Per cent of caoacity -- - 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. .thous. of bbls.- 26.4 1.310 5,998 4,142 24, 075 7,081 37.2 1.310 8,161 7,156 22, 223 26,215 47.4 1.318 10, 762 12, 360 21, 218 6,021 55.3 1.331 12,092 13,671 22, 736 6,918 60.2 1.331 13, 549 15, 172 24, 313 8,468 62.0 1.331 13, 899 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 29.4 1.543 5,920 5,074 28,612 11, 946 29.5 1.586 6,595 !1 4,692 27, 759 , 10,384 38.2 1.591 8, 480 5, 688 25, 883 8,809 2, 252 223 1, 269 115 1,997 194 4, 290 386 3,955 361 5,117 480 7,547 719 4,180 412 2,598 291 3,138 315 3,226 335 3, 231 324 3,799 350 2,866 3,342 Terra Cotta Terra cotta, new orders: Quantity— Value net tonsthous. of doiis.. Tile Floor and wall tile: Production. ._ thous. of sq. ft._ Shipments— Quantity thous. of sq. ft._ Stocks, end of month. „.._ thous. of sq. ft_. 3,690 4,145 4,346 4,120 4,090 3,861 3,535 2,656 3,587 15, 261 3,542 15, 158 4,308 14, 556 4,316 14, 518 3,998 14, 715 3,744 14, 623 2,923 14, 506 3,656 13, 895 2,541 ! 14, 895 2, 937 14, 570 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 86.7 1 71.0 | 61.4 72.4 97 93 i 87 TEXTILES New orders _.rel. to!923-25._ 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. _ Stocks, raw materials, end of month rel. to 1923-25-. Unfilled orders end of month rel to 1923-25 Imports: Burlaps Fibers 97.5 60.7 59.2 102.4 61.5 84 289 93 100 100 102 97 98 98 89.8 93.4 98.2 98.7 95.0 98.2 100.5 103.7 100.0 97.3 99.3 86.4 ! 89.8 97.3 90.5 86.8 86.5 90.3 88.9 90.8 90.7 93.4 94.1 92.4 100.0 ! 109. 2 288.9 2289.6 33.4 250,2 234.1 169.8 235.2 133.2 39.0 133.5 40.5 148.9 239.0 161.2 242.0 176.8 46.4 196.3 46.5 212.2 44.8 229.9 ! 38.9 241. 8 34.3 21, 123 19, Oil 32, 428 13, 774 35, 432 17, 320 37, 504 17, 118 45,618 18, 277 35,604 21, 993 42, 942 18, 622 37, 732 14, 102 30, 481 21, 719 34, 945 19, 574 42, 176 21, 326 35, 062 i 19, 162 i 44, 591 20, 429 4,155 4,394 4,118 4,902 4,790 4,020 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 4,808 4,925 4,627 4,919 4,982 4,486 4,534 4,360 4,199 4,297 3,898 4,134 9,114 9,107 9,408 9,730 9,869 10, 177 9,990 9,864 9,914 10, 120 10, 579 10,704 2,263 2,641 2,637 2,814 3,139 3,511 3,200 3,225 3,042 3,260 3,420 3,355 1,402 984 1,027 1,195 967 1,017 1,008 1,077 1,015 1,050 1,169 1,088 2 86 Burlaps and Fibers thous. of lbs_. long tons - Clothing Hosiery: New 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.. -thous. of doz. garments.. New orders -thous. of doz. garments. . Production thous. of doz. garments. _ Stocks, end of month thous. of doz. garments.. Unfilled orders, end of month thous. of doz. garments.. Men's and boys' garments cut: Overcoats _. thous. of garments.. Separate trousers thous. of garments _ Suits thous. of garments. Overalls: Cut thous. of doz. garments. _ Net shipments, .thous. of doz. garments.. Unfilled orders, end of month. -thous. of doz. garments.. 1,226 284 1,121 923 521 1,764 1,313 1,562 1,509 1,488 1,201 1,631 1,869 1,805 639 2,363 1,662 573 2,436 1,926 464 2,187 1,849 299 2,336 1,702 j 132 2,157 1,749 191 2,017 1,878 303 1,845 2,370 251 1,708 2,028 160 1,580 1,714 | 159 1,232 1, 222 234 223 222 218 1 ; 137 41 36 ! 42 161 Cotton Consumption by textile mills bales. . 415, 517 Consumption by textile mills__rel. to 1923-25. _ 81.0 Exports, unmanufactured: Exclusive of linters thous of bales 1,181 Total - thous. of dolls . Qinnings thous. of bales .. 15, 358 Imports, unmanufactured bales.. 12, 705 Machinery, activity of spindles: 24, 638 Activity spindles thousands 184 Activity per spindle hours.. Total activity - . .mill, of hours 5,951 Per cent of capacity per cent 79.3 Prices: To producer dolls, per lb_. .055 In New York, middling dolls, per lb._ .063 Production, crop estimate thous. of bales.. Receipts into sight thous. of bales 1,819 Stocks, domestic, end of month: Mills . thous. of bales 1,631 Warehouses . thous. of bales . 10, 426 Total, mills and warehouses _ __. thous. of bales 12, 056 Total, mills and warehouses _ . ..rel. to 1923-25 320.7 Stocks, world visible, end of month: American thous of bales 8,403 Total - - - thous. of bales. . 10, 193 428, 870 83.6 462, 025 90.0 463, 704 90.4 425, 819 83.0 450, 884 87.9 453, 901 88.4 465, 363 90.7 508, 691 99.1 490, 509 95.6 433, 376 84.4 1,071 15, 023 5,986 1,014 39, 838 12, 130 2,636 658 23, 457 5,408 5,426 211 9,898 565 7,236 259 13, 525 7 9,305 255 13,517 336 18, 928 392 22, 948 433 25, 402 14, 134 15, 189 17,258 605 35, 961 13, 756 10, 266 24, 861 186 6,014 85.8 25, 188 203 6,595 85.1 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 .061 .065 16 918 3,035 .053 .064 .059 .065 .063 .072 .085 .093 .077 .090 .088 .093 .093 .102 .096 .109 4,082 1,623 333 277 103 341 358 447 513 1,441 10,696 1,116 9,450 776 6,297 840 4,426 996 4,524 1,131 4,971 1,258 5,490 1,371 6,033 1,478 6,658 1,550 7,314 12, 137 10, 566 7,072 5,266 5,520 6,102 6,748 7,404 8,136 8,864 9,557 10, 031 322.8 281.0 188.1 140.1 146.8 162.3 179.5 196.9 216.4 235.8 254.2 266.8 8.346 10, 191 7,299 9,184 5,275 7,113 4,498 6,435 4,775 6,899 5,236 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 59, 501 81,606 63, 014 78,027 70, 138 76,245 65,983 71, 615 56,153 74,662 57,412 77,335 67,704 74,436 86, 612 72,973 87,318 65,145 76,847 64,546 68,380 65,704 70, 301 68, 420 4 405, 117 i 405,518 87.7 79.0 11, 165 533 31, 198 13, 593 11, 299 766 47, 230 13, 258 4,461 25,798 184 6,122 87.3 25,628 191 6,365 80.7 25, 550 176 5,924 75.9 .091 .110 .086 .102 729 .087 .101 8 14, 243 1,627 1,618 7,939 1,656 8,376 Cotton Finishing Printed only (mills and outside): Production . thous. of yds Stocks, end of month thous. of yds._ ' Revised. 55, 791 76, 981 < As of Dec. 1< * Final estimate for 1930. SURVEY OF CURRENT BUSINESS February, 1932 43 MONTHLY BUSINESS STATISTICS—Continued Earlier data for items shown here may be found in the 1931 Annual Supplement to the Survey 19;U Decem- Novem- 1 October ber j ber Se P*rem- August July 1930 June ; April May March February January December TEXTILES— Continued j Cotton Finishing— Continued White, dyed, and printed (outside mills): Billings, finished goods thous. of yds.. 48, 029 New orders, gray yardage__thous. of yds.. 40, 028 41 Per cent of capacity per cent.. Shipments, finished goods.. cases.. 27, 290 Stocks, finished goods, end of 20, 175 month cases 1.6 Unfilled orders, end of month days.. Abrasive cloth. (See paper products.) Cotton Goods Cotton cloth: Imports -,_ thous. of sq. yds_. Exports. _ thous. of sq. yds.Cotton textiles:* New orders -thous. of yds.. Production ... thous. of yds.. Shipments thous. of yds_Stoeks, end of month .thous. of yds.. Unfilled orders, end of month thous. of yds.. Elastic webbing, shipments. -.thous. of dolls.. Fabric for tire manufacture, consumption thous. of lbs~ Prices: Print cloth 64 x 60 dolls per yd Sheeting, brown -dolls, per yd.. Cotton goods (Fairchild)-.rel. to 1911-13.. 40,516 i 48, 237 i 49, 252 38,304 i 44,515 1 45, 782 43 ! 48 ; 49 22,828 26,811 j 27, 207 44, 982 44, 372 48 24, 483 46,831 61,577 41,119 45, 233 45 47 ! 27, 221 24,916 18,887 i 1.6 : 16,433 1.6 18, 321 1.5 i 17, 467 1.6 18, 095 1.7 16, 404 1.5 ( 1,958 29, 897 2,185 25,699 1,692 30,309 4,326 i 3,937 36, 272 34,370 52,537 45,937 51 30,109 i ! i ! 1 17,141 ! 1.9 ! 50, 166 49, 679 56 30, 593 43,642 1 46, 370 47 29,031 47, 500 39, 749 40 23, 888 17,071 2.6 20,134 2.6 23, 593 2.6 3,920 I 2,810 i 2,530 ! 2,148 25,188 30,961 } 30,776 j 33,392 2,641 31, 488 1, 658 29, 388 4,026 30, 759 2,551 27,210 204, 916 254, 692 237, 834 290, 248 224, 207 231, 446 213, 889 273,390 i 333, 679 287,708 i 167, 555 227,116 | 272, 118 209, 050 216,207 j 278,049 227, 644 255, 833 244, 924 250, 855 158, 353 192, 545 211,331 269,449 355,902 260,163 273,871 288,235 160,029 225,392 205,603 301,943 322, 039 654 354, 957 715 344, 639 969 227, 167 1,031 217, 508 969 277, 597 1,015 330,575 1,018 248, 544 1,124 8,361 9,263 9, 585 11, 745 15, 140 ! 17,085 18,010 .034 .044 .036 .047 87 .038 ; .046 i 91 ; . 041 .050 95 .043 .052 100 .049 ! .056 i 111 1 i ! | .048 . 054 112 .050 ! .058 115 j 60,590 50,394 52 31,176 i 61, 803 ! 57, 872 58 ! ! 35, 334 16,677 ! 17,641 \ 2.7 2.7 137,749 295, 334 225,955 ' 271,638 217,582 i 317,185 282,154 | 273, 781 326, 691 212, 168 248, 354 319, 323 239,106 202, 149 210, 597 355, 514 182, 656 234, 052 226, 951 363, 962 294,118 i 373,951 1,363 1,199 395,802 1,180 317,465 i 1,041 288, 956 921 15,244 i .053 .059 119 ; 12,002 12,738 .055 .059 ! 121 | .053 .065 119 .052 .062 120 .053 .065 122 10, 968 13, 420 12, 665 13, 795 9,582 13, 531 42, 407 39,963 38, 920 .239 .390 .248 .390 .247 .390 14,041 I 8,358 Cotton Yarn Carded sales yarn: 9,349 Production thous of Ibs Stocks, end of month __thous. of lbs_. 10, 861 Unfilled orders, end of month thous. of Ibs— 31, 506 Prices: .181 22/1 cones, Boston dolls, perlb.. .295 40/ls southern spinning dolls, per lb_. Floor Covering Felt base: New orders thous. of sq. yds.. Production thous. of sq. yds.. Shipments thous of sq yds Linoleum: New orders..thous. of sq. yds.. -. Production thous of sq yds Shipments thous. of sq. yds.. ! 10, 858 9,382 10, 295 10, 023 11, 800 10, 181 10, 067 11,195 13,377 i 11,212 11,081 ! 11,536 i 12, 537 12,240 29,819 31, 351 32,951 34,017 34, 914 38, 825 .201 .326 .212 .336 .225 .352 .215 .352 6,432 6, 463 7,944 5,626 8,228 5,621 4,810 9,012 5,577 1,725 1,792 1,627 1, 619 1, 605 1,492 1,47! 1,826 1,496 3,760 6,609 6,465 11, 574 9,832 14,703 9,461 32, 519 32, 943 .192 .312 .189 .315 -- .223 .353 | .231 .369 40,979 .240 .382 i 13, 662 11, 368 10,389 ! 6,960 10, 169 13, 383 9,215 6,400 8,575 7,901 6,757 8,239 6,850 6,387 7,043 7,925 5,076 i 7,295 6,621 5, 261 5, 749 2,257 1, 817 2,306 1,932 1,845 1,912 2,002 1,901 2,112 2,459 1,945 2,375 2, 837 1,303 2,602 2,048 1,364 2,173 2, 278 1,285 1, 697 6,033 4,474 6,324 5,615 6,693 6,049 4,496 3,048 Fur Sales by dealers thous. of dolls.. Pyroxylin-Coated Textiles Pyroxylin spread Shipments billed Unfilled orders end of month ... thous. of Ibs. thous. of linear yds.. 2,083 1,902 1,759 1,709 2,333 2,184 2,822 2,419 2,667 22,411 2,621 2,375 4,001 22,814 4,060 3,186 4,273 3,301 4,081 3,394 3,044 2,724 2,565 2,333 | 2,353 2, 126 thous. of linear yds_. 1,789 1,986 2,180 22,401 2,751 2,615 2,656 2,810 2,962 3,358 3,058 2,735 2,031 Rayon Imports Price, 150 denier, "A" grade, ^New York Silk thous. of lbs._ dolls, per lb_. Deliveries (consumption). __bales_. Imports raw -thous. of lbs__ Prices: Kaw, 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. . \t manufacturing plants bales. 91 71 107 239 299 276 202 225 295 439 274 154 0 .75 .75 .75 .75 .75 .75 .75 .75 .75 .75 .75 .75 .95 48, 432 8,861 50, 645 9,639 56, 668 9,524 53,819 7 331 46, 454 7,167 44, 746 6,724 42, 161 6,409 45, 073 6,620 41, 356 4,823 55, 383 7,725 54, 242 7,318 55, 910 7,405 55, 424 9,877 1.970 2.315 .98 2.266 .98 2.315 .98 2.512 .98 2.364 .98 2.463 .99 2.266 .99 2.266 .99 2.561 .99 2.709 1.00 2.807 1.02 2,709 1.02 89.4 41.8 51.7 83.9 42.4 56.4 93.0 38.0 56.4 90.5 48.3 53.4 79.4 38.2 48.7 76.4 35.3 44.6 75.6 43.9 42.8 76.3 42.5 49.5 90.9 44.6 51.8 93.8 44.2 58.6 96.5 51.7 58.9 94.0 39.2 55.2 94.0 35.8 65.8 69, 460 24, 651 67, 275 23, 435 49, 921 23, 176 36,099 20,044 41,878 21, 122 29, 921 16,990 37, 352 18, 706 32,688 18, 206 35, 497 20, 425 47, 407 22, 231 45, 399 23, 124 51, 814 2 22, 227 58, 430 24, 242 47, 710 100.7 40, 373 85.2 38, 420 81.1 33,856 71.5 30, 007 63.3 21,258 15,348 11, 687 13, 767 10, 920 82 76 75 67 67 44 42 54 57 44 34 59 66 39 30 59 60 29 28 49 47 29 26 46 43 55 57 57 57 66 54 i 48 52 45 52 Wool Consumption at textile mills, grease equivalent thous. of lbs_. 31, 625 35, 424 42, 990 47, 548 61, 140 53, 886 45, 805 52,199 110.2 107.9 113.7 96.7 90.7 100.4 74.8 66.7 Consumption at textile mills_..rel. to 1923-25.. Imports: 9,679 12, 987 16,868 14, 168 13, 463 6,977 11, 677 10, 536 In condition, imported thous. of Ibs.. Machinery activity, hourly: 116 107 97 115 74 109 65 86 Combs p. ct. of hours active. . Looms38 38 40 46 38 40 26 30 Carpet and rugs.p. ct. of hours active45 45 43 46 39 44 26 31 Narrow p. ct. of hours active. . 64 58 70 61 44 49 63 45 Wide p. ct. of hours active-64 65 60 60 53 61 40 48 Set of cards p. ct. of hours active.. Spinning spindles64 60 66 61 63 53 46 39 Woolen . _p. ct. of hours active. . 83 73 78 66 49 70 50 51 Worsted p. ct. of hours active.. * Months of March, June, September, and December 1931, contain 5 weeks, other rrlonths 4 \vreeks. 2 E evlsed. SURVEY OF CURRENT BUSINESS 44 February, 1932 MONTHLY BUSINESS STATISTICS—Continued Earlier data for items shown here may be found in the 1931 Annual Supplement to the Survey 1931 ecein-^No^in- , October Septem- August ber July 1930 June May April March Febru- January ary December TEXTILES— Continued Wool— Continued Prices: Raw, territory, fine, scoured. dolls, per lb_.63 ! .62 .62 .65 .72 .63 .66 .66 .58 1 .58 .58 .68 i .62 Kaw, Ohio and Penn. fleeces, H blood, .22 .23 i .21 ! .20 .22 combing, grease dolls per Ib .20 .23 .26 i .27 • 21 j .21 .21 .22 1.494 Suiting, 13-oz dolls, perlb.. 1.400 j 1.400 1.490 : 1.494 1.494 1.494 1. 601 1.601 1.601 ! 1.543 1.400 1.400 Women's dress goods, French .925 .925 .925 serge, 54-in. at factory dolls, per yd..925 .988 1.050 1.050 1.050 1.050 .925 j .925 .925 .925 Worsted yarns dolls, per Ib _ 1.00 | 1.00 i 1.00 1.00 1.00 1.00 1.10 1.17 1.10 • 93 i .950 .950 .950 Receipts at Boston: 34,445 ! 76,046 63,779 10, 376 7, 574 26, 151 8,215 6,741 3, 363 Domestic thous. of Ibs _ 5,350 1 6,163 6,567 16, 595 2,405 | 3,335 : 2,964 4,190 7,399 5,064 7,432 4,000 6,528 Foreign thous. of lbs_. 2,227 j 863 3,061 2,112 36,850 79,381 66,743 17, 775 30, 341 13, 269 13, 279 10, 795 ! 11,574 Total thous. of lbs_, 7,577 7,026 9,628 18,707 TOBACCO Unmanufactured: Production, crop estimate mills, of Ibs., ! * 1, 635 4 i 610 23,113 1 20,574 38,737 48,911 45,006 Exports, leaf thous. of Ibs 39, 908 46, 879 50,440 j 62, 148 56,585 ; 58!386 49,170 44, 826 StocksChewing, smoking, snuff, and export 1 3 i f 492 ! • 1,453 types, quarterly .-mills, of lbs__ * 1, 698 •1,419 8 354, 184 ;_ 3370,142 ; 3 277, 850 Cigar types, quarterly. -thous. of Ibs _ •341,905 Total, including imported 3 tvpes, quarterly mills, of lbs_. 1, 853 » 1 915 » 2, 151 •1,841 Manufactured products: Consumption (tax-paid withdrawals) — 349, 635 Large cigars thousands. „ 304,531 477,458 534,371 449, 330 463,256 ! 478,901 517,614 467, 300 459, 982 440, 472 362, 839 362, 939 8, 675 9,520 | 10,700 11,508 9,471 9,802 Small cigarettes millions 10, 448 8,836 9,368 | 7,295 ; 7,850 8,956 9,695 I Manufactured tobacco and snuff thous. of Ibs 31,558 | 30,661 31,086 25, 815 30, 780 30, 781 31, 049 29, 562 31, 697 25,813 i 27,935 34,139 33, 278 M anuf acturing 134 128 118 122 133 137 132 operations rel. to 1923-25.. 131 121 ! HO ' H4 ! 112 118 338, 808 Exports, cigarettes thousands 240,727 228,793 j 191,385 257, 854 254,049 ; 243,233 244,201 250, 858 241, 703 324, 808 256, 706 229, 697 MISCELLANEOUS PRODUCTION Buttons Fresh-water pearl buttons: Production, ratio to capacity per cent-- __ Stocks, end of month thous. of gross.- - . . _ _ _ • Imports: ButtonsProduct of Philippines.thous. of gross. . 52 \11 other thous. of gross . 0 ; ShellsMother-of-pearl . thous. of lbs._ 416 ; All other thous. of lbs._ 69 ; 2,044 Tagua nuts thous. of Ibs— FUELS Coal Anthracite: Exports thous. of long tons.. 113 Prices— Retail, composite, chestnut dolls, per short ton-14.97 : Wholesale, composite chestnut „ dolls, per long tou__ 13. 166 ; Production thous. of short tons.4, 671 ! Stocks, end of month, ic yards of dealers no of davs' supply. Bituminous: Consumption— By coke plants — Canada thous. of short tons.. United States thous. of short tons_. i By electric power plants thous. of short tons. _ 3,108 ! By railroads -thous. of short tons,. By vessels clearing ] ports thous. of long tons.Kxports , _ _. .-thous. of long tons.. 521 Prlces— Mine average (spot) .dolls, per short ton_. Prepared sizes (composite) ..dolls, per net ton.. Retail, composite-dolls, per short ton.. 8.19 Wholesale, composite _ _ __ dolls, per short ton-3.701 Production— Canada thous. of short tons.. United States thous. of short tons__ 30, 260 Production index rel. to 1923-25.. 64 Stocks, end of month, held bv consumers thous. of short tons Coke Exports thous. of long tons. . 28 Price, furnace, Connellsville j dolls, per short ton Production: i. Canada ._ thous. of short tons.. United States82 i Beehive thous. of short tons _ By-product thous. of short tons.. 2,234 , 42 3 i g 699 j 46 9 8 640 42.9 8,583 76 10 ; 50 11 62 5 445 479 2,025 451 83 2,014 503 498 1,500 125 157 121 390 i 467 1,527 ; | \ 101 j 14.96 14.97 14.93 14.73 13.083 4, 141 13.083 6, 551 13. 083 4,358 12.796 4,314 i 45.0 9,252 44.7 9,224 45.2 9,408 47.5 9,518 44.6 9,807 35.5 10, 154 40.6 8,842 US 446 61 11 55 2 94 2 59 3 59 4 82 9 202 527 1,999 272 43 901 395 48 1,720 289 95 692 273 369 1,329 475 22 270 896 15 858 146 148 120 79 159 207 178 256 ] 134 • 2,025 ; 110 14.31 14.15 14.39 14.85 14.85 14.88 14.89 12.614 ! 12.413 3,954 i 4,544 12. 270 5,005 12. 202 5,700 12. 608 4,745 12. 732 5,39i 12. 732 6, 157 12. 751 2 6, 050 45 21 31 4.3 14.59 : 75 75 80 191 179 186 213 229 230 247 235 236 246 3 616 3 442 3,634 3,795 j 4,027 4,629 4,682 4,902 4,408 4,686 4,737 3,233 5,419 3,168 5,463 2,954 5,314 2,953 5,821 2,963 5,885 3,410 6,414 3,28C 5,810 3,688 6,598 3,837 6,622 165 1,217 186 1,087 ; 209 994 195 926 16S 671 136 665 141 645 187 700 201 803 193 ; 3,454 5,776 3,459 . 3,280 5,268 '• i, 150 183 1, 078 163 1,163 1.62 1.58 1.58 1.56 1.60 1.64 1.69 1.77 1.77 1.77 3 962 8.23 3 954 8.22 3.954 8.17 3.907 8. 11 3.856 ! 8.09 3.816 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 3.703 3.705 3.704 3.706 i 3.692 3.723 3.760 3.791 3.814 3.829 3. 898 1 204 35, 700 71 1,005 31, 919 70 760 826 '. 888 30,534 : 29,790 29,185 70 74 ; 74 902 28, 314 75 888 28, 478 1,028 33, 870 76 963 31,408 73 1,164 38, 542 77 1, 275 • 40, 222 85 34, 500 30 GOO 26, 900 29,500 34, 200 37, 200 13,220 3 3,705 • 30, 110 67 41 50 52 98 2,276 2. 45 2.45 140 2 38 126 105 2,389 78 2,310 Petr oleum Asphalt: 12 Imports thous. of short tons i 1 : 1 ; 210 i 314 326 Production thous. of short tons.. ' 299 299 340 Stocks, end of month_thous. of short tons.. 1 3 Revised. Quarter ended in month indieSited, 95 6 31.3 8,803 68 10 45.0 8,689 ; 30, 100 45 86 43 64 67 71 70 2.45 : 2.45 2.48 2.50 2.50 2.53 2.55 2.55 132 139 155 169 169 179 165 171 181 70 ; 2,443 76 2,569 j 87 2,715 94 3, 126 109 3,146 149 3,256 163 2,898 163 3,092 170 3,055 9 304 380 7 248 360 7 190 354 3 166 332 0 147 295 3 168 308 87 50 2.45 14 312 332 ; 4 314 ! 349 ; 10 315 393 1 <As of Dec. 1. «Fi nal estim ate for 1930, February, 1932 45 SURVEY OF CURKENT BUSINESS MONTHLY BUSINESS STATISTICS—Continued Earlier data for items shown here may fee found in the 1931 Annual Supple- Decem- NovemOctober Septo-; August ment to the Survey ber ber July June May April March Febru- January ary December i FUELS— Continued Petroleum— Continued Coke: 180 168 159 180 178 Production thous. of short tons . 178 ' 173 1,439 1,516 i, 393 1,315 1,250 Stocks end of month thous of short tons 1,451 ! 1,391 Crude petroleum: 75, 094 76,237 ; 78,521 71, 367 75, 675 80,672 79,753 Consumption (run to stills) .thous. of bbls.. 3,604 3, 426 2, 702 I ?, 588 3,978 i 4,512 4,106 Imports _ _ _ _ _ _ thous. of bbls,. 445 874 705 441 ! 599 603 ! 498 Oil wells completed number .434 ! ,238 .710 .560 .500 .300 ! .530 Price. Kansas-Oklahoma dolls, per bbl 72, 851 73, 079 63, 636 68,418 ! 77, 9G1 75,116 77,164 Production __thous. of bbls,. 124 102 2 116 107 i 122 122 122 Production index. _.rel. to 1923725__ 64 65 66 69 ! 68 67 67 RoflTierv operations p ct of capacitv 156 161 1G5 : 102 161 161 163 Kefinery operations index, rel. to 1923-25.. Stocks, end of monthCalifornia — 95, 470 95, 566 95, 749 97,809 98,098 99, 015 100, Oil Heavy thous. of bbls.. 40, 471 40, 841 40,495 39,621 40, 328 40,043 40,805 Light thous. of bbls.. East of California36, 560 39,021 i 41,007 38, 358 41,734 41,819 36, 705 Refineries thous. of bbls.. Tank farms and pipe 284, 222 283, 201 281, 840 294,831 i 305,009 305,876 306,287 lines thous. of bbls.. 320, 788 319, 906 323, 198 333,852 346,016 ,,347,610 348,106 Total thous. of bbls,. Mexico— 2,350 2, 359 2, 628 2,841 ; 3,129 2,960 3,080 Production thous. of bbls.. 1, 488 : 2, 183 1,864 2, 716 2, 808 Exports thous. of bbls— Venezuelar— 8,984 9,101 9,274 9,401 9,420 8, 561 9, 049 Fxpo ts thous. of bbls 9,535 9,796 1 9,913 9,412 9,181 9,515 Production thous, of bbis._ 9,922 Gas and fuel oils: Consumption — 2 2 a 592 721 726 i 712 622 541 709 707 By electric power plants. thous.of bbls. 3, 344 3,286 j 3,567 3, 554 3, 236 3,440 3,608 By railroads thous. of bbls__ 3, 442 i 3, 839 3, 643 3,095 4,053 4,286 By vessels thous. of bbls.. Price/ Oklahoma 24-26, . 280 ! . 294 . 385 . 463 .319 .350 .338 refineries dolls, per bbl 30,292 ; 29,488 27, 126 28, 749 29,512 29,949 28, 709 Production thous. of bbls__ Stocks at refineries at end of 44,551 ; 41,416 45, 434 44, 883 38,581 36,579 45, 239 month thous. of bbls.. Gasoline: 39,459 ! 39,459 35, 051 38,375 35,716 30, 648 36, 070 Consumption...,. thous. of bbls.. 3, 325 3, 074 4,038 ! 4, 16fi 3, 093 4, 792 Exports thous. of bbls,_ "2,533" 3, 710 8,758 | 9,007 8,300 7,234 12,540 7,180 7,178 Exports thous. of dolls . 5, 898 .128 ! . 133 ; . 133 .143 .143 . 133 . 133 Prices, wholesale, New York-dolls per gal.. Prices, retail, filling station, . 125 . 122 50 cities dolls per gal ProductionI 3, 405 3, 062 i 3, 179 i 3, 521 3, 345 3.521 3,814 Natural gas fat plants) thous of bbls 1 37,469 ! 39,283 j 38,440 38,137 38, 582 37, 024 39, 019 Raw (at refineries) .....thous. of bbls— Retail distribution— 41 States mills, of gals Stock, end of month• 641 2 524 722 i 855 614 880 996 Natural "TIS (at plant) thous of bbls 36,405 | 40,332 ; 38,696 36, 356 35, 105 44,296 47,948 Raw (at refineries) thous. of bbls.. Kerosene: 2 2, 906 2, 678 ; 2, 114 3,042 2,341 2,104 2,395 Consumption thous. of bbls 1,131 ; 1,214 1, 206 1, 267 1, 057 640 720 1, 145 Exports thous. of bbls. .041 . 044 : .039 .039 .038 I .038 . 042 ; 045 Price, 150° water white dolls, per gal— ! 3, 815 3,701 3,239 3,404 3,389 3,685 I 3,696 Production thous. of bbls. Stocks at refineries, end of 6,734 i 6,869 I 5, 618 5,924 6, 558 6, 521 5, 960 month thous. of bbls.. Lubricating oil: 1, 639 1,549 1,753 1,969 1,615 1,865 Consumption thous. of bbls,_ Price cylinder oil dolls, per gal. 2, 164 2, 143 2,267 2,088 2,264 2,306 2,337 Production . thous, of bbls. Stocks at refineries, end of ; 9, 422 9,224 month . thous. of bbls,. 9, 113 9,289 9,597 9, 763 10, 119 Wax: i 46,760 46,200 Production . _ _ thous. of Ibs. 42, 000 34, 160 35, 840 37,520 ! 37,800 I 183,938 189, 167 191, 158 192,198 198,407 200,836 205,803 Stocks, end of month _ _ _ thous. of lbs,_ DISTRIBUTION MOVEMENT i 1.211 168 1, 158 170 1,089 151 1,053 159 1,032 166 1,069 74, 706 4,162 519 . 530 73, 101 121 67 161 73, 596 3,715 383 .594 69, 397 112 64 152 65, 249 4,789 450 .850 60, 645 110 63 149 70, 026 4,353 487 .850 65,991 110 61 144 71. 581 4; 727 540 .850 66, 972 111 63 149 100, 531 41,016 101, 442 40, 651 102, 368 40,389 103, 421 40, 325 100, 578 40, 840 41,413 40, 786 42, 027 41,785 41, 136 308, 752 350, 165 310, 377 351, 163 313,310 355, 337 317,854 359,639 ' 320, 740 361,876 2,761 2,392 2,819 1,528 2,564 1,463 2,890 1,263 2, 922 1, 690 8,586 9,263 10, 362 10, 283 9,516 9, 486 10,877 10, 384 ] 0, 704 10, 492 552 3,536 4,043 643 3,644 3,C67 637 3,181 3,622 800 3, 599 3,544 845 3, 705 3, 868 .488 30, 073 . 510 30, 754 .588 26, 536 . 600 29, 174 .610 29, 704 33, 854 32, 105 32, 159 33, 977 37, 007 33, 400 3,988 10, 705 .133 31,037 2,841 8,426 .133 26. 133 3,586 10, 604 .138 26, 844 4, 062 .13,765 .135 29,213 4,225 13, 728 ,141 .124 .137 .149 .148 .146 3,824 36, 601 962 4,048 35, 246 874 3,631 31, 328 777 4,140 32,708 835 4, 271 34, 472 890 1,006 48, 587 884 48, 225 692 15, 355 606 42,818 578 40, 541 2,804 753 .048 3,397 2,691 1,151 .051 3,676 2, 272 974 .053 3, 171 2,596 1,275 . 054 3,560 2, 780 1,310 .054 3, 575 6,129 6,300 6,477 6,555 6, 883 1,850 .145 2,316 1,950 .145 2,293 1,583 .146 2,036 1,715 .165 2, 441 1, 459 .172 2,509 10,463 10, 710 10, 911 11,013 10, 971 33, 040 205, 105 37, 520 208, 620 38, 640 229, 414 42, 560 233, 044 36, 120 232, 592 Advertising 1,911 Magazine advertising thous. lines.. 1,626 1 1, 882 Magazine advertising, total— thous. dolls.- 11,073 14, 007 14, 234 1,469 Automotive industry ,_thous. dolls,, 942 1,311 631 Building materials thous. dolls,,! 266 564 Cigars, cigarettes, and to619 bacco thous. dolls,. 593 676 2444 399 Clothing and dry goods thous. dolls. _| 283 2334 Confectionery thous. dolls,.! 309 342 2,729 2,665 Drugs and toilet goods thous. dolls, . 2, 238 Financial thous. dolls 198 251 237 2,634 Foods thous. dolls 2,020 2,685 Garden thous. dolls 42 45 32 1,231 708 House furnishings thous. dolls. _ 984 Jewelry thous. dolls 381 378 246 91 Machinery thous. dolls 72 56 Office equipment thous. dolls.. 139 124 167 Paints and hardware, _ _ thous. dolls.. 29 123 116 Petroleum products thous. dolls 322 374 404 Radios thous. dolls 235 308 313 Schools thous. dolls— 232 186 217 Shoes thous. dolls 132 149 186 Soaps and housekeepers' 470 supplies thous. dolls 889 806 Sporting goods thous. dolls 168 117 118 Stationery and books _thous. dolls,. 509 434 410 231 Travel and amusement thous. dolls,, «334 416 Miscellaneous thous. dolls 427 560 562 Newspaper advertising thous. lines.. 77, 005 281,891 * 87, 803 1 Revised. 1,603 11,967 1,604 397 1,316 10, 008 1,304 295 1,613 12, 314 1,393 515 2,191 16,692 1, 886 682 i 2,375 j 16,959 ! 1, 886 i 742 2,421 17, 173 1,632 749 2,203 16, 002 1,418 651 1,992 15, 307 1,801 519 1, 585 10, 820 21,002 338 2,230 15,352 1, 505 446 547 354 328 2,277 187 2,001 41 842 90 50 98 88 463 174 305 95 428 180 378 2, 210 180 1,805 28 453 77 55 88 45 422 114 317 41 422 531 426 2, 658 253 1,904 59 630 159 102 170 88 445 141 291 98 486 481 553 3,221 294 2,408 121 1,324 2391 190 252 184 526 128 315 208 1 2479 ! 412 ! 387 i 3,417 > 274 ! 22,419 : 196 ! 1,462 i 308 i 157 ! 2247 i 216 i 458 1 118 ' 294 209 542 494 301 3,552 319 2, 665 210 1,536 168 191 216 232 471 209 274 206 507 436 304 3,421 294 3,098 266 1,269 123 160 198 111 348 246 276 2169 519 316 302 3,194 267 3,200 222 967 103 191 181 79 384 348 363 95 536 270 292 1,687 255 1,908 119 619 292 151 210 64 282 422 311 169 749 395 336 2,510 367 2,301 49 1, 217 479 211 274 88 430 759 239 275 963 201 2240 171 450 77, 208 683 245 160 172 328 67,169 783 334 180 : 2321 i 2414 ! 66,877 1,091 522 366 615 451 79,772 ! 21,261 I 438 i 345 711 ! 529 : 88,443 1,246 309 380 769 502 88, 737 2 1, 102 166 354 577 510 90, 244 849 131 360 480 436 72, 282 471 252 406 362 403 75, 823 577 231 635 815 464 2 82, 344 ' i ; : • | SURVEY OF CURRENT BUSINESS 46 February, 1932 MONTHLY BUSINESS STATISTICS—Continued Earlier data for items shown here may be found in the 1931 Annual Supplement to the Survey 1931 Decem- Novem- October Septem- August ber ber ber July 1930 I June May April March December ™?- January DISTRIBUTION MOVEMENT- Con. Advertising— Continued Radio broadcasting, total cost thous. dolls. Automotive industry thous. dolls Building materials thous. dolls Cigars, cigarettes, and tobacco.thous. dolls. Clothing and dry goods thous dolls Confectionery ... thous. dolls Drugs and toilet goods thous. dolls Financial thous dolls Foods, . thous. dolls House furnishings thous . dolls Jewelry _ thous dolls Machinery ___ _ _ _ . _ . thous. dolls Paints and hardware thous dolls Petroleum products _ thous dolls Radios thous. dolls Shoes, trunks, and bags thous dolls Soaps and housekeepers' supplies thous dolls Sporting goods thous dolls Stationery and publishers thous. dolls. Travel and hotels thous. dolls Miscellaneous thous dolls 3, 598 ' 163 36 611 51 142 702 136 873 83 8 08 64 127 62 94 3, 505 172 31 578 53 173 687 128 806 75 12 72 60 115 50 144 3, 253 95 37 5^3 49 128 650 136 790 59 10 53 72 107 49 141 22,741 265 2-H 479 27 109 489 116 665 84 3 31 57 89 22 124 2, 527 68 25 467 32 106 2396 98 652 65 0 126 13 138 3 89 122 16 120 2 290 122 97 129 24 118 2 79 130 72 90 18 51 2,764 89 32 476 38 135 453 112 730 239 0 29 81 96 10 86 2,835 99 19 476 44 112 452 126 748 44 8 39 72 289 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 90 471 155 ' 788 85 17 76 69 103 118 95 3,141 117 37 412 51 86 465 125 781 93 16 »76 56 91 142 112 2,591 98 36 262 48 84 445 110 690 46 10 86 36 84 121 91 153 33 84 2 278 146 34 92 2 284 129 29 86 22 262 110 37 107 27 115 115 29 128 30 134 133 31 2172 il 63 15 105 24 137 61.4 66.4 57.9 67.3 2,637 134 38 238 48 94 433 2, 718140 39 217 52 97 384 no 2116 672 50 11 88 15 99 130 98 620 46 63 85 13 110 203 97 71 130 24 «145 i 61 0 134 93 154 68.7 76.3 \ 105. 0 ; ; i | 92.7 98.9 93.9 137.8 57.1 97.8 64.0 ! 1 70.2 ! 81.0 98.0 74.3 I H4.9 67. 1 79.8 79. 4 105. 8 Agricultural Products (Marketing) Agricultural, total rel. to 1923-25 Animal products: Dairy products rel. to 1923-25 Fish rel. to 1923-25.. Livestock rel. to 1923-25 Poultry and eggs rel to 1923-25 Wool rel to 1923-95 Total _ rel to 1923-25 Crops: Cotton rel to 1923-25 Fruits . . rel to 1923-25 Grains rel to 1923-25 Vegetables „ rel to 1923-25 Total rel. to 1923-25.. Collections Delinquent accounts, electrical trade: Amount .dollars.. Delinquent firms number.. Forest Products (Marketing) Distilled wood rel to 1923-25 Gum rel. to 1923-25 Lumber rel to 1923-25 Pulpwood rel to 1923-25 Total rel to 1923-25 Postal Business Air mail, weight dispatched „, .pounds Money orders: Domestic, issued (50 cities)— Quantity .thousands.. Value thous of dolls Domestic, paid (50 cities)— Quantity thousandsValue thous of dolls Foreign, issued thous. of dolls Postal receipts: Total index... . rel to 1923-25 50 selected cities thous. of dolls 50 industrial cities thous. of dolls.. Retail 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 United States, unadjusted _rel. to 1923-25 Installment sales in New England dept. stores, ratio to total sales per cent Mail-order houses: Total sales, 2 houses.. . thous. of dolls Total sales, 2 houses rel. to 1923-25 Sears, Roebuck & Co thous. of dolls Montgomery Ward & Co.. thous. of dolls.. Restaurant chains: Childs Co.— Sales thous. of dollsStores operated number J. R. Thompson Co.— Sales thous of dolls Stores operated . number Waldorf System (Inc.)— Sales thous of dolls Stores operated . number Total sales, 3 chainsTotal thous. of dolls.. Stores operated number Grocery chains: Atlantic & Pacific Tea Co.— Total sales thous. of dolls.. Weeks in month number Weekly average . ... thous. of dolls Tonnage sales.. . tons Weekly average. ...tons_. 2 Revised. 98.8 » 152. 7 207.1 116.6 84.9 103. 2 106. 2 78.5 95.9 129. 8 40.3 101.6 J94. 9 2 117. 2 296.2 117.2 46.5 297.5 92.6 140.5 104.2 75.4 49.5 96.6 90.5 160.1 88.3 88.4 125.1 91.5 96.3 189. 3 82.5 88.0 259.6 94.3 123.6 161.2 72.6 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 79.6 121.8 61.9 94.0 91.3 116.2 79.8 94.0 50.8 85.5 162. 1 62.9 44.7 70.5 98.5 2 274. 9 96.8 266.9 79.1 * 158. 8 366.7 191. 1 84.0 131.9 219.2 152.1 129.2 79.8 103.2 119.3 29.2 154.6 130.0 64.1 83.9 22.6 139.3 182.9 103.4 103.0 9.1 88.8 68.6 165.8 55.2 28.3 102.2 69.0 135.6 62.0 29.8 70.6 63.9 93.3 53.1 38.6 75.1 80.0 104.3 64.4 45.1 68.1 84.6 91.1 66.8 95, 161 996 73, 165 877 95, 414 987 78,534 786 70, 681 780 98, 621 933 111, 183 948 91, 332 941 112, 843 1,258 138, 592 1,228 132, 609 1,141 32.4 90.4 45.3 90.0 50.1 31.1 97.2 2 52. 7 2 90. 9 '56.8 30.0 114.0 60.4 82.1 63.1 22.1 111.9 56.6 56.1 67.5 17.2 141.5 63.2 63.5 64.3 20.4 186.7 61.1 76.1 64.6 27.5 189.9 62.1 93.9 67.2 34.7 136.5 62.8 105.6 66.7 44.6 98.3 59.1 112.5 63.6 68.9 39.7 55.4 100.5 59.3 63.7 25.5 51.6 87.0 54.4 720, 301 836,603 796, 703 804,455 779, 105 781, 419 750, 960 750, 638 724, 617 642, 484 3,600 35, 458 3, 379 33, 800 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 36, 352 ! 4, 165 39, 627 9,751 81,318 4,027 9,124 74, 679 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 6,014 9, 701 70, 935 4,032 10,590 ' 78, 273 : 4,893 : 11,716 91,923 10, 443 110.3 29,172 3, 466 145. 3 38, 572 4, 418 96.4 103.4 96.2 95.0 25.3 94.7 i ; 112, 250 ' 150, 349 1,065 1,089 | 66.4 117.7 50.7 99.9 56.6 72.9 37.1 60.5 95.1 54.5 687, 560 | 767,229 34, 966 4,068 95.2 25, 355 2,809 107.4 28, 618 3,150 98.8 26, 335 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 81 155 383 295 86 93 84 87 88 67 91 65 95 90 97 97 106 101 97 92 98 80 97 79 j 94 165 87 98 SO 88 81 84 79 76 81 75 82 80 83 85 83 87 84 87 86 81 88 i 78 91 85 : 9.1 11.0 8.9 11.9 6.7 4.7 7.0 6.5 8.4 10.6 12.0 j 8.5 45, 898 140 27, 495 18, 403 52, 280 160 30, 246 22, 034 45, 955 141 28, 450 17, 605 43,004 132 26, 597 16, 407 45, 093 138 29, 773 15, 320 49, 480 151 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 41, 459 127 24, 839 i 16,620 ; 72, 486 222 43, 814 28, 672 2, 163 1,980 106 2,208 107 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 j 2. 277 112 1,233 116 1, 187 116 1,325 115 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 ! 120 1. 246 120 1,340 1,252 156 1,359 156 1,303 156 1,246 154 1,244 165 1,245 162 1,337 162 1,360 160 1,351 160 1,210 160 1,295 ! 152 ; 1.379 4,736 4,419 378 4,892 378 4,745 381 4,577 379 4,188 391 4,185 388 4,496 386 4,594 387 4,623 388 4,181 391 4,570 1 384 4, 902 384 91,311 5 18, 262 516, 171 103, 234 74, 703 4 18,, 676 418,, 762 104', 691 95, 498 5 19,100 524, 743 104, 949 74, 642 4 18, 660 411, 883 102, 971 74,411 95,528 5 19,106 513, 095 102,619 80,851 4 20,213 454, 268 113, 567 102,946 5 20,589 563,223 112, 645 85,160 82, 719 4 20,680 435, 292 108, 823 82, 385 4 20,596 439, 545 109,886 21, 899 18, 603 399, 779 99, 945 21,290 454, 479 113, 620 97,559 19, 612 508,490 101, 980 152 « 100, 101 2 2 2 25 20, 020 514. 356 102, 871 SURVEY OF CURRENT BUSINESS February, 1932 47 MONTHLY BUSINESS STATISTICS—Continued Earlier data for items shown here may be found in the 1931 Annual Supple- Decem- Novemment to the Survey October Septem- August ber ber i 19£U I July June May April March 1930 Febru- January December ary i 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 . . number. Isaac Silver & Bros.— Sales thous. of dolls Stores operated nunaber.J. C. Penny Co.— Sales « thous. of dolls Stores operated number.. McCrory Stores Corp.— Sales thous. of dolls Stores operated . -----number-Metropolitan— Sales thous. of dolls Stores operated number.. S. H. Kress & Co.— Sales - _.thous. of dolls. . S tores operated number S. S. Kresge Co.— Sales -_ .thous. of dolls__ Stores operated number W. T. Grant Co.— Sales thous. of dolls Stores operated -number-Five and Ten— chain group: Actual w rel. to 1923-25 Adjusted for seasonal. - rel. to 1923-25.. ! 39, 713 1,906 22, 005 1,906 26, 150 1,906 1 21,732 1 902 21, 712 1,895 21, 079 1 889 21, 978 1,889 24, 117 1,896 23, 830 1,896 21, 724 1,894 19, 386 1,888 19, 240 1,886 42, 320 1,890 3, 158 123 1 740 123 2 134 121 ! 1 699 121 1,565 119 1 628 119 1 833 119 1,826 118 2,004 117 1,664 116 1,431 114 1,371 112 3,545 112 2,961 172 1,578 172 1,715 172 1,490 172 1,519 172 1,475 170 1,669 169 1,649 168 1,588 168 1,329 166 1,204 166 1,221 166 3,170 166 1,145 45 610 45 832 45 607 44 589 45 594 45 692 45 696 46 723 46 696 45 613 45 476 45 1,421 45 21, 269 1,450 16,493 1, 458 17 968 1,458 14 577 1 '457 13, 257 1,456 12 779 1,454 14, 832 1,453 15, 450 1,453 16, 380 1,454 12, 443 1,454 9,540 1,453 9,725 1,452 23, 703 1,452 6 882 244 3 469 244 3 881 244 3 260 244 3 214 243 3 004 242 3 240 243 3 412 243 3,703 243 3,381 242 2,946 242 2,903 242 6,783 242 565 83 643 83 571 83 618 83 658 83 702 83 713 84 722 91 608 93 445 94 11,221 221 5 587 221 5 706 222 6 295 220 6,286 218 5,104 218 5,467 217 6, 469 216 5, 761 216 5, 259 213 4,487 211 4,400 211 12, 061 213 22, 173 711 11, 220 710 12 498 705 10 957 703 10, 976 699 10 722 696 11,896 694 12 123 690 12, 590 688 11,035 684 9,770 683 9, 825 681 23, 982 678 12 111 402 6 485 400 7 423 400 5 570 386 6 395 381 5 227 375 6 289 371 6 606 367 6,402 364 5,334 354 4,347 350 4, 110 350 11, 797 348 279 143.5 148 146.6 169 152. 0 142 156.3 143 160.0 140 148.5 148 161.7 156 168.0 160 167.9 144 158.7 127 162. 5 125 161. 8 | 300 154. 3 65 7 64.6 63 9 64.7 65.8 65.9 66.8 67.0 68. 9 70.4 50, 671 48, 379 55, 320 52, 508 60, 845 73, 457 34, 674 51, 189 56, 296 75, 348 44, 914 50,994 45, 634 60,414 68, 053 60, 338 180 870 187,190 203, 991 214, 888 235, 881 224, 413 249, 646 275, 193 6 070 4,648 6,129 4,925 4,923 4,954 5,514 5, 635 36, 202 14, 230 38, 913 17,995 33, 252 11,257 35, 431 14, 743 42, 279 12, 593 487 ! 95 1, 606 95 Warehouses Public merchandising warehouses, space occupied p. ct. of total 66 6 2 65 3 FOREIGN TRADE Total trade: Exports Imports ; Canadian ..thous. of dolls.- 54, 218 thous. of dolls.. 40, 290 United States Exports: Grand total, including reexports thous. of dolls 183, 578 By grand divisions— Africa, total thous. of dolls. _ 4,317 Asia and OceaniaTotal.. . ... thous. of dolls. 43, 660 Japan thous of dolls 18, 445 EuropeTotal thous. of dolls.. 92, 242 France thous. of dolls.. 8,274 Germany thous. of dolls 14, 587 Italy... thous. of dolls.. 7,076 United Kingdom. .thous. of dolls. . 36, 699 North AmericaTotal .thous. of dolls.. 20, 101 Canada thous. of dolls 19, 777 South AmericaTotal ..thoos. of dolls 10 100 Argentina thous. of dolls.. 3,130 By economic classesTotal domestic exports only thous. of dolls.. 180, 664 Crude materials thous. of dolls.. 68, 302 Foodstuffs, crude, and food animals thous. of dolls. _ 9,404 Manufactured foodstuffs .thous. of dolls 17, 664 Finished manufactures.thous. of dolls. . 64, 694 Semifinished manufactures thous. of dolls.. 20,601 Agricultural exports (quantities)— All commodities .. rel. to 1910-14 All commodities (except cotton) rel. to 1910-14 Imports: Grand total thous. of dolls.. 152, 940 By grand divisions— Africa, total thous. of dolls.. 1,575 Asia and Oceania— Total thous. of dolls.. 41, 114 Japan thous. of dolls.. 18, 803 EuropeTotal thous. of dolls.. 50, 231 France thous. of dolls 6,722 Germany -thous. of dolls.. 8,187 Italy .thous. of dolls.. 6,630 United Kingdom..thous. of dolls, , 9,237 2 Re vised. 58,430 46, 911 56, 534 45, 933 49, 909 45, 379 49, 894 47, 308 193 554 204 904 180 220 164 822 4 140 6,162 3,598 5 376 41, 227 14 259 37 221 13 131 34 548 12 370 28 996 8 357 34 660 10 885 30, 277 8 798 33, 420 11, 201 100, 826 8.681 15 694 4.108 46, 280 111 983 8^802 17 352 6,158 50, 559 90 361 7,726 12 837 3,986 34, 589 74 567 8,106 7 873 3,239 27, 815 79 977 7,392 8 286 3,757 32, 564 88, 149 8,688 10, 819 3,622 30, 915 89, 576 10, 121 13, 153 3,887 34, 238 94, 320 11, 329 12, 282 3,884 33, 344 113, 838 12, 456 19, 195 5,691 39, 706 117, 938 13, 564 16, 960 4,168 38, 626 38. 550 25 760 40, 072 26 621 40, 941 28 002 44, 328 30 579 48, 018 32 677 61, 247 35, 030 59, 581 41, 664 62, 974 44, 851 63, 068 41,860 52, 762 35, 305 56, 952 33, 657 61, 921 36, 326 9 354 2,701 10 252 3,435 10 2^0 3,658 10 770 4,420 12 945 4,706 12, 869 4,295 15, 286 5,583 16, 467 5,803 15, 139 4,512 15, 508 4,922 20, 049 i 5,467 ! 23, 737 8,801 190, 392 2201,385 68, 042 63, 624 177, 383 44, 390 161, 494 25, 602 176, 980 28, 378 182, 987 29, 070 199, 205 36, 484 210,061 40, 149 231, 077 56, 428 220,666 47, 660 131, 699 ! 141, 621 19, 172 16, 676 17,015 20, 326 5, 260 8,625 53, 871 49, 744 245, 771 I 270,810 58,625 1 76, 735 13, 967 10, 289 9,981 13, 999 11, 119 10, 546 8,626 9,583 7,316 8,487 13, 462 20, 807 25 349 66, 948 i 77, 262 18 124 83, 188 18 075 84, 069 18, 306 88, 348 17, 531 97, 736 18, 868 103, 416 19, 593 110, 768 23, 381 110, 256 22, 165 116, 110 27, 039 117, 053 27, 033 119, 670 » 20, 843 2 21, 184 21, 391 23,868 27, 949 27, 451 29, 891 30,925 31, 429 27, 415 34, 567 33, 910 58 66 68 87 71 85 i 109 81 86 82 95 i 105 185, 706 210, 200 176, 108 3,778 3,052 2,344 13, 754 137 139 86 53 63 114 127 92 83 97 86 89 149, 719 168, 707 170, 368 166, 679 174, 460 173, 673 179, 694 2,141 1, 697 3,096 2,400 2,384 2,773 4,337 183, 132 3,500 | 44, 366 20, 408 48, 413 19, 474 42, 494 17, 256 45, 581 16,052 48, 772 16, 057 62, 757 14, 988 49,964 15, 580 53, 180 12,183 59, 552 18, 454 60,183 16,255 56, 024 19, 711 49,306 6 415 8,274 6,519 8,547 56, 302 8 971 12, 071 5,648 11, 278 60, 788 7 799 12, 203 5,635 13, 379 50, 776 6 551 11, 373 4,351 11, 509 61, 359 5,459 11, 734 4,138 10, 951 47,480 5,516 8,937 4,269 11,000 51, 841 6,143 9,612 4,627 12, 354 53, 387 6, 250 11, 249 6,741 11, 561 62, 174 6,598 13, 434 6,192 13, 033 51, 172 6,880 9,486 5,128 11,970 52, 940 6,881 10, 682 3,724 10, 913 I 208,721 3, 353 64, 941 27, 208 56, 661 7,275 11,619 5,252 11,468 48 SURVEY OF CURRENT BUSINESS February, 1932 MONTHLY BUSINESS STATISTICS—Continued Earlier data for items shown here may be found in the 1931 Annual Supple- ment to the Survey 1931 Decem- iNovem- October i ber | ber July June 1930 May ; April March Febru- January ary December FOREIGN TRADE—Continued United States—Continued Imports— Continued North America— Total thous of dolls Canada thous. of dolls .. South America— Total thous of dolls Argentina thous. of dolls..! By economic classes— \ Total thous. of dolls..! Crude materials thous. of dolls _ Foodstuffs, crude, and i food animals thous, of dolls..; Manufactured foodi stuffs thous. of dolls Finished manufactures, thous. of dolls.. Semifinished manufac! tures thous. of dolls i 21 2?9 2o'o37 31,142 20,464 40, 60S ; 41,608 ; 45,346 21,281 ! 21,928 j 20,529 24 I~9 i, 653 19,763 2,431 21.687 3J309 152,910 49850 149,719 47,863 22,810 19,534 20,355 13832 4l[ 065 13, 464 41,271 16, 468 1 16, 483 ! 25, 541 50,434 52,012 , 45,295 25 2«3 27, 587 29, 023 j 30, 295 ! 28, 336 29, 990 \ 29, 803 : 22,380 1 22,567 4,753 i 3,595 168,707 i 170,368 166,779 52,377 | 52,927 j 47,686 18,649 47,827- 44,456 22,341 ; 22,854 45, 177 24, 110 46, 484 23,757 50, 230 24, 148 42, 294 21, 454 43, 858 23, 534 53,257 25, 139 24,133 3,042 26,068 2,645 28, 844 3,215 26. 917 2,638 34, 599 3,506 29, 115 2,849 26, 928 2, 356 30. 509 2, 519 174,460 173,673 49,978 | 52,416 179, 694 54, 160 185, 706 54, 702 210, 200 64, 607 175, 108 56, 357 183, 132 59, 318 208, 721 69, 079 27,435 30, 774 28, 912 33, 020 28, 314 27, 363 30? 029 21, 120 ! 19, 744 47,442 i 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 30, 382 33, 373 39, 789 31, 532 36, 880 ; 38, 129 21,820 1 25,930 EMPLOYMENT AND WAGES Employment Factory employment, adjusted (Fed. Res. Bd.): !', 69. 3 70. 3 • 72. 8 ! 74. 1 75. 1 76. 0 77.8 77.9 78.3 : 78.0 77.8 Total rel. to 1923-25 69 4 80.1 65.4 Cement, clay, and glass rel. to 1923-25..! 55. 0 55. 9 57. 6 59. 4 j 60. 1 j 62. 7 64. 4 05. 2 65.2 64.4 65.0 68.6 Chemicals83.1 85.4 85.7 86. 6 ! 89.4 1 89.6 93.0 Group . rel. to 1923-25 81 9 61.7 89.8 94.5 96,6 i 97.9 82. 2 83. 2 i 82. 9 i 84. 8 i 87. 1 i 90. 2 94.5 97.4 99.7 1 Petroleum, refined rel. to 1923-25.. i 82. 3 94.0 87.2 100. 8 65. 3 66. 2 1 67. 4 1 70. 3 72. 1 J 72. 6 Iron and steel rel. to 1923-2") ' 65 4 74.8 77,5 76.5 75.9 76.6 79. 1 70.1 76.4 i 86.9 i 84.3 j 84. 8 j 83.9 84.2 77.1 Leather and its products _ _ rel. to 1923-25. _ 75. 3 84.0 82.2 78.4 76.6 55.4 55.7 47. 4 48. 4 ! 49. 4 i 51. 1 i 52. 0 i 54. 4 55.4 56.3 56.3 Lumber and its products.. rel. to 1923-25. J 45. 7 58.8 Machinery rel. to 1923-25 ! 64 6 01.6 65.6 i 67. 3 i 67.7 70.3 73.4 76.3 79.3 81.9 78.0 80.6 84.2 61. 4 61. 7 i 62. 5 63. 1 | 64. 2 65. 4 Nonferrous metals... rel. to 1923-25. _ 61. 1 66.6 66.5 69.2 66.6 66.8 71.2 89. 7 91. 0 i 91. 1 ! 93. 0 !i 93. 0 93. 6 95.3 Paper and printing .ml. to 1923-25 .i so 2 95.0 94.9 94.7 95.6 96.7 Rubber products rel, to 1923-25 '< 71 3 74.0 68.4 73. 3 70. 3 i 69. 8 • 70. 5 73. 8 i 75. 7 73.7 70.5 71. 4 74.7 Textiles _ rel. to 1923-25 si 72 2 73. 6 76. 0 ; 80. 0 i 80. 9 i 79. 6 78. 6 81.2 80.2 79.7 75.5 77.2 77.4 Tobacco production rei. to 1923-25._ 70 4 74. 8 75. 8 77. 2 ; 79. 1 j 81. 4 | 80. 4 82.1 82.1 83.4 81.3 84.6 83. 5 Transportation —• Group rel. to 1923-25 J 5S 0 53. 4 51. 7 i 57. 2 i 53. 3 ^ 60. 2 i 62. 4 63.2 67.1 63.8 64. 3 64.9 69.4 Automobiles rel. to 1923-25 ! 68 8 56. 1 50. 5 : 62. 0 ! 64. 2 | 67. 8 | 70. 7 72.3 70.9 70.3 70.2 68.8 78.9 Nonrnanufacturing industries: ; 80,3 Anthracite mining rel. to 1929 '• SO 1 S3. 8 86.8 1 80.0 : 67.3 : 65. 1 i 76.1 85.2 82. 0 89.5 00.6 i 99.1 Bituminous coal mining _. rel, to 1929 i 81 2 81.1 SI. 3 80.4 77.0; 76.4' 78.4 82,4 85. 9 93.9 88.8 91.5 92. 5 Metalliferous mining rel . to 1929. . 51. 2 62.4 52. 8 53. S i 55. 5 i 55. 8 | 56. 2 60. 0 65.3 6=8.3 j 63.9 63.5 70.1 Quarrying and noninetaliic mining i _ . .rel. to 1929 ; 53 9 64.4 1 59, 3 64. 5 66. 6 t;8. 9 71. 0 1 72. 3 75.0 70.0 76.1 66.6 70.2 Grade petroleum producing- _rel. to 1929... 58. 2 57. 0 60.4 61.2 ; 62,4 : 65.3 I 65,0 72.2 73.2 74.8 | 69.8 67.8 77.4 Telephone and telegraph rel. to 1929. J 83. 1 S3. 5 84. 1 S5. 0 i 85. 9 86. 8 '. 88. 9 87.4 88.6 89. 2 90.5 88.1 91. 6 Power, light, and water ...rel. to 1929.. | 92. 3 91.3 92.7 I 94. 7 j 95,9 i 86. 7 | 97.2 97.1 96.7 99.2 97.6 97.8 103. 2 Operation and maintenance of electric 86.4 railroads _ rel. to 1929 '• 79. 9 81. 5 82. 7 1 84. 0 84. 8 85. 6 i 85. 3 85.9 86.8 86.9 ! 86.6 88.8 87.1 84.1 S5. 2 I 86.1 i 86.5 i 86.8 ! 87.1 87.4 88.2 Wholesale trade .rel. to 1929.. !i S3. 7 87.4 89.5 92.0 87.1 Retail trade rel. to 1929 106 2 90. 9 89. 8 i 86. 6 ! 81. 8 i 83. 9 1 89. 1 89.9 90.1 87.8 90. 0 115. 1 85.9 88. 5 90.6 i 92. 8 i 93.3 91.6 92.5 Hotels ..rel. to 1929 J 84.1 95.9 96.8 96.8 95.0 93.5 Canning and preserving rel. to 1929.. 40. 7 80. 8 i 108. 1 180. 1 ! 142. 9 i 102. 2 i 70. 6 56.0 53.0 48.3 48.9 59.6 61.6 Employees on pay roll, unadjusted: i Cleveland rel. to Jan., 1921.. 77.0 77. 1 76. 0 i 75. 6 1 81. 3 80. 3 1 83. 8 86.9 90.0 90.0 88.8 89.8 : 87.9 Delaware -rel. to 1923-25 76. 0 74.9 74.5 ! 81.2 • 83.2 84.4 i 85.6 87.1 86.3 88.1 86.9 87.6 86.7 81.2 80.4 83.0 76.5 83.5 40.0 Detroit rel. to 1923-25 . 64.0 ,52.7 41.7 ! 51.0 I 50.0 61.8 ; 73.2 62. 3 65. 7 I 68. 3 1 70. 1 70. 5 72. 3 74.5 76.5 Illinois rel. to 1925-27 .! 63.6 76.3 77.5 76.6 75.6 Iowa rel. to 1923 102. 2 105. 0 i 106. 3 i 109. 1 i 108. 7 i 110. 1 110.1 112.5 117.2 114.6 113.8 111.0 60. 2 63. 1 i 68. 6 i 69. 1 i 67. 6 69. 0 70.8 71.2 69.4 69.9 Massachusetts rel. to 1925-27 59 2 72.2 71.9 Maryland -rel. to 1924 66. 0 67. 2 70. 6 j 72. 0 i 72. 3 72. 5 73. 8 76.2 75.9 76.2 75.5 76. 7 73.6 New Jersey rel. to 1923-25 i 68. 1 75.3 77.4 82.2 71.0 72. 4 1 73.2 73.0! 72.6 73.6 75.7 77.0 77.9 i New York State rel to 1923 • 60 5 67.5 69. 3 61.5 63.7 65.8 64.0 64.2 65.6 67.6 68.5 69.0 69.6 New York State - number I 334 917 340,494 352,453 i 384,265 353,895 | 355,504 ! 362,885 373, 993 382, 045 384, 983 379,089 373, 304 , 383, 518 71.0 74.3 ! 75.5 76.9 78.2 i 81.3 82.7 82.4 81.9 83.0 80.9 79,8 Ohio rel. to 1926.. | Pennsylvania - rel. to 1923-25 i 71. 1 77.4 81.7 71.5 71.9 i 72.7 ! 72.9 i 72.5 74.8 79.4 80.2 78.9 79.8 Wisconsin .....rel. to 1925-27. J 68. 2 70. 7 75. 0 i 75. 6 ! 79. 6 76. 7 78.2 77.5 78.1 77.9 76.9 77.6 Applicants per 100 jobs, employment agencies: 151 i 195 266 ' 237 206 165 151 Canada . .number .. ._ . 147 141 156 133 214 221 j 196 217 I 209 205 181 202 224 i 177 179 United States number ' 218 Central States number i .. 232 258 269 1 250 273 ! 247 246 206 199 215 261 I 233 Eastern States number ... 232 231 191 212 \ 235 : 221 187 181 202 209 254 239 Southern States . .number i 257 264 i 2S7 411 265 i 277 293 345 237 215 265 314 Western States. number.. 114 118 91 94 94 84 91 66 89 103 80 75 Illinois.. number.. 173 208 , 251 i 220 i 244 250 245 331 218 215 270 228 250 191 Wisconsin _ . number ; 225 ; 249 232 199 186 212 172 197 197 230 250 Employment Trade Unions: Canada p ct. of total membership 81. 7 81 9 ; 84 2 83 8 83. 7 83.8 83.0 85.1 84.5 84.4 84.0 United States.p. ct. of total membership.. 70. 0 75.0 77.0 73. 0 j 74. 0 74. 0 ! 74. 0 74. 0 i 75. 0 74.0 73.0 75.0 73.0 108.5 103.0 j 103.9 107.1 1 105.2 103.8 j 103.6 102.2 100.2 99.7 101.7 Employment, Canada rel. to 1926— — 100.7 Factories, time operated: ! 90 90 89 87 ' 88 88 89 89 89 91 91 Total p. ct. of full time . 90 Chemicals and other 95 products p. ct. of full time 94 ; 93 94 93 92 ] 95 96 95 97 96 95 Food and kindred prod97 96 96 96 95 96 j 95 97 ucts . ._ p. ct. of full time. 96 96 96 96 ; Leather and its finished j 91 92 92 87 79 83 90 ! 93 ! 92 90 91 89 products p. ct. of full time Lumber and Its manu\ 84 83 SO 82 83 83 I 84 85 85 85 factures p. ct. of full time ' 86 84 Iron and steel and their 80 79 80 73 74 74 76 76 77 80 80 products p. ct. of full time.. ] 80 SO 83 82 ' 8 4 84 84 85 87 86 86 Nonferrous metals p. ct. of full time 86 87 91 92 ! 92 | 93 93 94 95 96 Paper and printing p. ct. of full time ' 95 95 95 96 Stone, clay, and glass 91 S6 : 88 88 j 90 90 90 91 90 products p. ct. of full time.. 91 90 : 90 February. 1932 SURVEY OF CURRENT BUSINESS 49 MONTHLY BUSINESS STATISTICS—Continued Earlier data for items shown here may be found in the 1931 Annual Supple- Decem- NovemOctober Septem- August ment to the Survey ber ber ber 1931 July | June 1 i i j 1930 May April March EMPLOYMENT AND WAGES— Con. Employment—Continued i Textiles and their prod92 92 93 90 92 93 94 91 ucts p. et. of full time.. 91 85 84 85 87 87 88 87 87 86 Tobacco manufactures.._p. ct. of full time-Vehicles for land trans89 92 92 88 91 91 89 90 88 portation . p. ct. of full timeMiscellaneous indus83 85 85 85 88 88 87 85 86 tries p. ct. of full timeFederal Civilian Employees (Wash69, 894 70, 056 70,580 70, 885 71,658 71, 693 72,417 72, 297 71, 917 ington) _ number.. Hours of work in factories: 39.2 39.9 37.6 41.7 41.8 38.2 40.9 42.7 Actual . hours per week.. 39.9 48.0 48.2 48.0 48.2 48.0 47.9 48.0 48.0 48.1 Nominal hours per week.. Labor disputes: 49 39 46 54 51 27 259 45 243 Disputes number.. 393, 884 .041,917 2491,024 21,213,120 666, 309 506, 097 402,437 769, 720 422, 545 Man-days lost in month „ number.. 16, 295 ' 30, 075 237,164 217,003 58, 995 17, 071 15,735 22,604 28, 139 Workers involved number.. Labor turnover: 37.2 43.2 42.7 35.5 29.3 32.8 43.6 32.4 Accessions .. . p. ct. of no. on pay roll-30.6 38.7 Separations— 46.1 i 41.6 i 34.8 54.9 45.1 43.2 61.9 73.2 Total - p. ct. of no. on pay roll.. 68.4 40.4 3.8 i 3.1 2.0 i 2.9 2.8 3.3 2.9 Discharges. __p. ct. of no. on pay roll— 2.5 2.6 1.9 23.9 ; 39.1 20.6 46.7 35.7 | 28.2 28.6 59.0 51.4 Lay-offs p. ct. of no. on pay roll— 30.7 Voluntary 12.9 13.2 13.9 i 12.4 8.5 11.1 14.1 12.4 quits p. ct. of no. 01 pay roll7.8 11.8 Ohio construction, employ62.8 60.0 53.7 61.3 45.4 ! 63.3 54.2 60.0 58.3 ment rel. to 19261,331 i 1, 319 1,310 1,317 1,337 1,254 Railways, employees on pay roll—thousands.. 1,225 1,288 Wages Factory pay rolls (Fed. Kes. Bd.): 56.2 i 64.4 72.1 73.6 74. 9 67.6 64.3 Total ....rel. to 1923-2559.4 61.8 55.8 49.4 54.0 40.9 ! 54.4 66.7 55.7 | 48.1 43.9 Cement, clay, and glass rel. to 1923-25... 37.4 46.1 Chemicals89.8 92.0 i 76.4 ! 82.9 84.1 88.4 80.4 80.8 Group rel. to 1923-25— §0.8 75.0 90.8 277.9 ! 89.6 96.1 96.7 85.6 91.1 Petroleuin refining rel. to 1923-25— 80.8 83.0 77.8 41.2 69.1 70.0 52.4 64.9 67.6 50.6 43.9 45.2 Iron and steel ... . rel. to 1923-25.. 41.0 73.4 47.0 70.6 72.6 66,7 68.7 75,5 Leather and its products... rel . to 1923-2556. 4 ! 67.7 50.3 34.4 44.9 45.7 46.2 44.6 41.3 41.7 38.2 Lumber and its products-rel. to 1923-2531.2 40.3 57.4 69.7 72.0 48.3 62.4 67.8 54.9 Machinery . . rel. to 1923-25 .. 48.9 50.2 i 51. 2 48.8 63.4 65.4 66.3 59.1 54.5 52.9 i 49.9 Nonferrou^ metals rel. to 1923-25- . 48.6 50.2 101.9 90.6 100.6 93.6 96.6 100.0 93.1 : 91.4 i 90.4 Paper and printing _ rel. to 1923-25— 91.0 50.1 66.8 63. 2 72.4 64.0 71.0 62.2 ! 53.7 Bubber products rel. to 1923-25.. ; 54.6 52. o 59.3 65.9 76.8 71.7 81. 9 70.2 ! 66.7 Textiles rel. to 1923-25— ! 71.0 66.0 58.1 68.3 67.5 68. S 68.3 65.7 64.5 66.3 i Tobacco products ..rel. to 1923-25— i 64.6 62.7 58.9 Transportation— 45.2 65.3 1 64.1 52.7 58.8 66.1 50.9 Group . - - rel. to 1923-25.. 45.3 45.6 47.1 42.3 53.2 70.8 67.7 62.1 50.4 : 75.6 41.4 Automobile rel. to 1923-25— 48.0 41.5 Nonmamifacturing industries: 79.9 75.2 71.3 56.4 i 53.7 76.1 66.7 91.1 Anthracite mining —rel. to 1929.. i 64.9 78.8 54.6 58.6 65.2 52.4 54.4 50.4 50.6 i 56.2 Bituminous coal mining rcl. to 1929— ! 52.3 63.6 51.4 35.1 46,1 49.3 52.8 41. 3 40.2 i 37.4 Metalliferous mining. rel. to 1929— i 40.0 34.3 Quarrying and nonmetallic 43.3 62.3 62.6 58. 2 60.1 55.1 i 57.3 48.7 raining —.rel. to 1929- } 36.9 51.2 52.0 66.3 73.2 59. 2 66.3 64.7 62.7 54. 4 Crude petroleum producing _.rel. to 1929— | 54.9 55.2 89.7 95.0 97.9 93.3 94.1 95.0 92.3 i Telephone and telegraph..... rel. to 1929.. i 92. 7 i 91.6 92.1 ; 93.3 i 97,4 97.6 102. 4 98.3 98,7 96.2 91.2 93.2 ; 94.3 i Power, light, and water rel. to 1029.. Operation arid maintenance of 1 79.7 85.1 88.6 88.1 83.3 84.8 81.9 ! 79.0 1 electric railroads ... .rel. to 1929— ! 77.8 81.2 79.7 85.2 89.1 84.1 84,7 82. 1 ! 83,3 77.8 79.9 i 81.4 i Wholesale trade.. rel. to 1929.. !! 85.4 88.3 87.5 88.0 ! 87.6 80. 3 ! 83. 3 84.6 83.5 Retail trade... — -rel. to 1929.. 94.1 7 77.1 89.9 85.2 93.4 85.4 ! 87.7 1 83.8 ! 75.4 ! Hotels rel. to 1929.. | 9. 7 | 81.9 i 48.1 67,1 56.0 ] 50. 3 74,2 58.6 129.4 | 104. 7 j Canning and preserving rel. to 1929.. ! 36.9 | 77.6 Farm wages, without board * 38. 37 * 37. 00 dolls per month i 330.53 * 34. 22 Industrial pay rolls: Total, monthly54. 7 79.7 81.7 78.0 68. 7 81. 1 56.4 I 68.9 Delaware rel. to 1923-25- i 61.0 ! 64.1 : 05.8 76.1 77.3 72.0 i 76.3 i 70.8 68. 9 66.6 ! 70.7 i 62.7 New Jersey rel. to 1923-25.. ! 56.2 69.1 62.0 66.6 i 63.2 71.1 54.8 63.0 j New York .-rel. to 1923.. 59.0 61.6 i 51.3 64.9 i 69.5 68.4 55.6 60.6 i 52.1 Pennsylvania -—rel. to 1923-25.. 53.9 1 56.1 53.7 i 50.0 68. 2 68.8 64.2 | 61 0 67.2 | 58.9 ! Wisconsin rel. to 1925-27. 55.6 52.8 Weekly8, 479 9, 524 10, 046 j 10, 414 10, 723 New York State thous. of dolls.. 8,254 8, 897 I 9, 493 ! 9, 279 ! 9, 347 Road building, wages of common labor: By geographic sections34 35 37 S6 37 ; 37 1 33 ! 34 United States average-cents per hour.. 35 30 38 41 35 36 37 ! 36 ! 40 36 35 East North Central— cents per hour-37 S 18 21 21 20 ' 20 20 i 19 ; 19 East South Central. ..cents per hour.. I 18 i 18 41 38 37 38 i 30 36 38 36 37 37 Middle Atlantic—. cents per hour.. | 46 45 45 ! 44 43 46 ! 47 47 46 Mountain section cents per hour- I 46 43 45 i 47 i 45 48 44 44 , 43 42 43 New Ergland cents per hour hi 50 ! 51 51 ; 52 51 51 1 60 1 51 50 Pacific section.. cents per hour.. 21 22 22 24 21 ! 21 i 21 20 21 ! 20 South Atlantic... cents per hour36 35 36 ! 36 37 36 36 1 35 35 35 ! West North Central-cents per hour21 23 23 20 20 | 22 1 22 j 23 | 24 '; West Sooth Central.. cents per hour-24 .669 ! .664 . 660 .664 . 662 .659 .664 i .669 Railways, average hourly wages dollars.. --50 50 50 j 50 i i 45" 50 50 45 ; 45 1 U. S. Steel Corpn., wage rates . cents per hour.. Weekly earnings of factory labor: United States, totals, 23 industries23. 93 20. 31 22.34 23. 82 24.25 23.07 22. 49 21.21 21.75 Grand total dollars. . 89. 5 89.9 91. 1 i 84.0 86.7 i | 76.3 84.5 ! 81.7 79.7 ! Grand total rel. to 1923.. Men25. 32 25.76 j 25. 35 24.42 ! 21. 00 23. 65 23. 81 Total dollars 1 22.60 ! 23.08 88.3 88.4 ! 73.2 82.5 89. 8 i 85.1 i 80.5 83,0 ; 78.8 ! Total rel. to 1923.. 1. . 27. 04 i 26. 49 > 26. 49 25.71 24. 76 i 24. 89 Skilled dollars. _. i 22. 22 23.10 1 23. 95 86.0 ' 86.0 87.8 I ! 72.1 80.8 83.4 1 80.4 ! 77.7 i 75.0 ! Skilled ...rel. to 192320. 78 20. 75 j 20. 46 19.55 18. 92 1 17. 07 18. 86 18. 05 j 18. 19 Unskilled dollars- I 93. 3 84.9 91.8 87.7 i1 93.1 j 81.6 I 76. 6 84.6 i 81.0 i Unskilled -rel. to 1923-| 15. 62 14. 78 ! 14. 79 15. 17 1,5. 37 1 15. 22 13. 38 14.57 13.85 Women . . dollars.. i 88.0 89. 2 ! 88.3 S 90.6 85.7 i 85.8 84.5 i i 77. 6 Women . rel. to 1923.. i 80.3 8 Quarter ending In month indicated, 2 Revised. Febru- January Decemary ber | 93 85 90 88 90 91 91 89 91 87 88 88 71, 162 71, 252 71, 189 42.3 47.9 40.2 48.0 41.7 48.3 34 20 228,329 181,031 12, 512 2,927 7 194, 455 5, 144 36.8 35.0 25.1 35.0 2.6 22.8 33.9 2.2 23.0 44.6 2.5 32.2 9.6 8.7 51.9 1,316 49.4 1,334 59.8 1,357 73.2 61.4 68.4 46.6 73.7 56.3 92.9 100.8 67.5 68.8 45.6 71.9 64.4 100.7 63.8 76.9 65.3 90.4 99.3 62.4 60.6 44.0 69.9 64.1 101.3 63. S 68.4 64.3 i 9.9 62.2 61.1 i 59.9 77.2 101.3 106. 3 85.6 87.5 ; 89.4 : 91.0 46,1 ; 107. 7 77.0 77.5 60.7 66.2 60.0 : I1 !! ii \ 78. 7 83.4 69.7 71.3 63.9 10, 048 1 10,513 37 37 22 41 45 51 51 22 37 so SO ! 37 21 ' 40 1 44 48 51 20 ;1 37 26 ; . 670 50 24. 29 93. 3 i1 50.4 i 71.5 1 96.3 98. 6 | 10, 365 i 100.0 79.9 78.6 68. 8 68.3 65.8 ; 89.3 ! 73.3 ! 55.0 1 87.1 88.4 86.7 93.7 48.6 ; 60. S 55.5 54.4 70.0 94.8 99.7 i 51.8 i 40.0 j 101. 9 68.3 54.6 ; l 94.7 101.4 66.7 58.1 50.4 75.0 67.9 105.7 62.6 72.2 77.7 23.07 ; 86.7 : 24. 03 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 -36 33 22 39 42 48 61 24 36 28 .689 | ! : I i i | ! I Ii: i 1': 77.7 59. 9 88. 6 91.3 91.5 57.4 3 39. 04 28 .670 50 90.3 50 SURVEY OF CURRENT BUSINESS February, 1932 MONTHLY BUSINESS STATISTICS—Continued Earlier data for items shown here may be found in the 1931 Annual Supplement to the Survey 1931 Decem- ™- October Septem- August ber ber July 1930 June May April ' March Febru- January Decemary j ber EMPLOYMENT AND WAGES-Con. Wages— C ontinued Totals by States — Delaware 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. . 102.4 25.13 88.6 105.0 81. 7 21. 63 70. 2 96. 3 24. 66 90.5 74.4 80.2 21. 12 74. 4 97. 0 24.91 91.4 72. 9 17.95 70. 8 90.0 22. 16 78. 1 99. 4 25.26 92.7 76. 3 18.13 71. 7 87.0 22.52 79.4 95.1 26.07 95.7 75.3 18.24 72.2 91.2 23.70 83.5 101.4 26.23 96.3 78. 4 19.43 76.4 89.9 23. 86 84.1 102.2 26. BO 96.5 78.3 19.37 75.7 100.5 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. 2T 100.1 89.2 22.26 86.7 27.87 107. 5 107. 5 107. 5 107.5 107. 5 107.5 110.5 110.5 115.0 190 192 192 193 195 195 196 197 187.2 sai 100.8 25.29 89.1 106.2 27.35 100.4 86.8 21.64 84,3 97.9 i 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 SI. 1 115.0 113.5 113.5 116.5 199 199 200 102.3 87.5 22.69 CONSTRUCTION Building Costs Building costs (^4. O. C.\, 1st of month . rel. to 1913 , Building costs (E. N, JR.) 1st of month rel, to 1913 Building materials: Brick house, 1st of month rei. to 1913.. Frame house, 1st of month rel. to 1913.. Construction costs (Am. Appraisal) : Brick, ^teel frame rel. to 1913 . Brick, wood frame rel. 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.. 199 ! 199 166. 2 169.3 169.8 171.4 171.4 174.4 189.3 191.6 194.5 196.6 194.5 196.9 161 156 163 158 162 156 161 154 163 156 164 155 168 158 167 160 167 167 170 163 171 165 170 163 174 168 162 170 156 160 161 172 157 162 163 176 160 165 165 177 162 166 172 186 172 176 179 ! 194 179 ! 182 144 140 107 87 178 192 178 181 »181 78 179 Ift4 179 182 126 166 179 165 188 »176 137 166 180 166 169 119 163 174 159 184 * 174 135 99 95 : 38 49 55 59 59 63 65 66 73 77 79 71 73 5, 951 17,210 136, 852 7, 014 20,519 151,196 9,105 8. 701 30,068 30,700 242,094 251,110 9,242 30, 631 233, 106 10,663 I 10,808 33, 812 35, 001 285,897 331,880 11, 506 38. 941 306,079 11, 888 39, 380 336, 925 10, 788 7,628 6,911 37. $55 28,339 24, 835 568, 981 235, 406 227, 956 7,391 29, 055 249, 436 s 172 79 179 196 182 184 3 185 123 Construction Contracts Awarded Total construction, F. R. B. adjusted rel. to 1923-1925 . Total construction, all types: 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.. Unclassifled, public... thous. of dolls.. Buildings, public. thous. of dolls.. Total private thous of dolls Buildings, industrial.. thous. of dolls.. Buildings,conimercial_thous. of dolls. . Bridges, private thous. of dolls.. Unclassifiedthous. of dolls 977 280 50, 307 992 i 1,288 271 171 47,410 82,462 1,800 353 85, 139 1,719 737 72, 964 2, 048 1, 233 110, 265 2, 030 2, 367 154, 612 2,141 387 108,948 1,907 i 1,681 785 522 132,983 151, 722 1,080 246 78, 643 978 393 95, 211 1,009 697 78, 621 3, 507 8, 753 36, 164 4,257 5,268 10,958 i 15,217 45,290 60,540 24,642 28,789 5,096 12, 992 54, 553 33, 658 5,141 14, 124 60,203 26, 143 5, 658 15, 889 63, 893 28, 055 5, 972 16, 913 72, 745 29, 793 6.652 21,911 88,900 36,898 7,221 ! 6,486 22,633 | 22,090 95,896 ! 100,913 27, 312 22,708 4,520 16, 559 77,918 25,930 4,056 12,235 i 54,376 ! 20,299 4,340 14, 705 70,911 24, 542 76, 489 2,414 4, 786 6,789 558 26, 427 16, 620 3, 370 15, 525 48, 642 7,995 22, 837 25 17, 785 82,031 ' 106,113 3,316 3,038 7, 590 1 5, 176 6,561 15,817 642 1, 624 18, 992 28, 703 22, 224 18, 821 8,400 8,108 14,306 24,826 56, 727 119, 060 8, 837 19, 141 24, 022 86, 128 800 450 23,068 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 11,388 125, 737 8, 016 5, 370 5, 788 1, 419 62,471 20, 158 3, 965 18, 552 70, 589 13, 901 40, 986 25 15,677 122, 036 6,248 3,254 11, 801 4,198 63, 167 10, 340 6,422 18,606 95, 797 12, 606 54, 413 6,248 22, 530 176,076 i 168, 925 10,219 1 2,542 7,727 11,300 9,916 9,752 1,143 1,122 81,623 53, 388 26,389 66, 225 8,214 10,247 30, 844 14, 349 78, 421 140, 830 22, 965 16, 566 67, 444 46, 128 50 25 15, 702 50, 371 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 6,431 5,079 i 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 33,025 33,368 1,999 : 12,427 37, 835 3,867 41, 424 3, 602 44, 074 3,488 41, 776 4,689 44, 090 4,053 42, 670 4, 689 82,453 148, 784 1,153 5, 538 6,059 5, 697 6,909 28, 520 1, 180 1,711 31,088 56,511 10,839 22, 560 5,990 4, 129 24, 651 18, 704 66, 448 2 96, 326 11, 801 2 13, 663 33, 256 55, 242 137 2,250 i 21,254 25,171 o Fire Losses United States Canada 40, 515 thous of dolls thous. of dolls.. 35, 502 3,510 33, 203 2,905 31,918 2, 819 63. 2 60.3 59.8 61. 1 58. 4 61.3 62.0 61.7 66.7 66.0 68.9 4,009 2,482 8,702 6,182 7,675 5,437 12, 470 9, 309 15, 957 13, 536 12, 303 10, 038 24, 671 21, 982 19, 467 17, 673 9,403 8,321 10, 107 ; 9,218 8, 808 5, 081 42,087 i 65,340 1, 435 2, 113 7,928 9,028 53, 415 1,887 10, 659 26, 799 943 11,884 26, 164 1, 018 12, 207 13, 994 651 12, 306 5,059 225 11,229 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 8.072 8.096 8. 096 8. 069 8.069 8.072 8.064 Average fares (272 cities) cents 8.066 ' 8. 114 8. 114 8. 096 Passengers carried (232 co.'s).thous. of persons- 802, 149 ; 740,461 794,798 734, 056 712, 660 739, 617 787, 453 831, 183 843, 669 881, 501 782,034 860, 458 Operating revenue (all railways) 56, 981 60, 232 64, 332 thous. of dolls.. 63, 718 55, 966 55, 835 66, 028 60, 370 66, 839 8.050 898, 062 35, 288 2,307 Real Estate Market activity. rel. to 1926 Highways Concrete pavements, new contracts: Total _ thous. of sq. yds.. Road thous. of sq. yds Federal-aid highways: Completed— Cost thous of dolls Distance miles.. 5, 364 4,215 4,361 3,559 I PUBLIC UTILITIES Electric Railways 70, 165 Gas and Electric Power Electric power companies, gross revenue thous of dolls * Revised. 172,240 167, 380 187, 190 168, 510 171,550 176,210 t Qutrter ending in month In Heated. 175,840 182, 280 '196,970 ' 191,920 51 SURVEY OF CURRENT BUSINESS February, 1932 MONTHLY BUSINESS STATISTICS—Continued Earlier data for items shown here may be found in the 1931 Annual Supple- Decem- \ Novemment to the Survey October ber ber 1931 S6 bet?m" August Jul ^ 1930 June May April March ™™- ^anuary: ^ PUBLIC UTILITIES Gas and Electric Power Electric power production: United StatesTotal 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.) 2 J 7, 532 « 5, 341 2, 191 7,628 5,165 2, 463 7,766 5, 022 2,744 7,526 4,642 2, 884 7, 639 4,500 3,139 7,643 4,520 3, 123 7,876 5,243 2,633 7, 160 5,001 2,159 i 7, 947 5,597 2,350 8,108 5,746 2,362 418 7, 323 445 »7,087 470 27,153 506 7, 260 509 7,017 447 7,192 454 7,189 452 7,424 410 6,750 ! 460 7,487 502 7, 606 1,387 1, 358 73 1,425 1,398 95 1,288 1,263 93 1,256 1,234 100 1,251 1,231 95 1,290 1,268 89 1,366 1,343 87 1,411 1,388 98 1,418 1,392 128 1,339 1,311 145 1,489 1,456 162 1, 542 1, 513 149 27,599 30, 319 27, 820 30, 195 25, 985 28,681 23, 527 26, 046 24, 741 27, 337 28,310 30, 654 29, 865 31, 827 30, 731 32, 356 30, 945 32, 386 31,110 32, 504 33,478 34, 947 31, 320 32, 963 43, 908 19, 250 37, 628 15, 276 33, 823 13, 490 31, 661 12, 813 32, 834 13, 482 36, 821 16, 159 43, 340 20; 108 52, 568 24, 225 54, 729 26, 031 56,242 27,124 63,338 31,037 56, 529 26, 816 72, 606 15, 170 75, 440 17, 849 73,414 17,523 73, 337 16, 621 74, 802 16, 320 75, 919 17, 977 76,804 18,046 77,098 19,051 77, 214 18, 650 73,277 ' 76,824 16,864 j 17,892 77, 820 16, 070 7,387 9, 680 722 8,243 10, 859 951 8,441 11,012 567 8,359 10, 825 387 8,774 11,370 461 9,212 11, 875 1, 737 9,133 11,744 1,426 9,391 11,963 1,513 9,346 12,024 1,406 8,326 10,806 724 10,012 12, 973 1, 517 129 9,540 7,791 5, 088 2,703 135 9,695 134 9,428 139 9,773 105 10, 151 107 10, 493 129 10, 196 119 10, 113 213, 562 221, 308 104, 873 1,135 505 246, 551 197, 997 106, 931 962 587 294, 720 186, 414 104, 266 1,042 425 237, 024 211, 172 104, 300 1,331 506 143, 627 203, 230 86, 016 1,257 385 169, 760 216, 559 99, 901 1,508 457 134, 854 203, 085 82, 465 1,518 349 52, 700 163, 186 82, 970 1,535 0 7, 405 25,298 32,107 411 6,972 2 7, 765 2 5, 706 2 2, 059 2 Telephone Telephone companies: Operating revenues. thous. of dolls.. Operating income thous. of dolls.. Telegraph Commercial telegraph tolls thous. of dolls.. Operating revenues thous of dolls Operating income thous. of dolls.. Transportation Express earnings: Operating income thous. of dolls.. Operating revenue thous. of dolls.. Inland waterways: Allegheny River short tons.. Cape Cod Canal short tons Mississippi River Govt. barges short tons._ Monongahela River. thous. of short tons.. New York canals thous. of short tons.. Ohio RiverCincinnati district thous of short tons Huntington district j . , thous of short tons Louisville district thous of short tons Pittsburg to Wheeling short tons.. Pittsburg district thous. of short tons Panama Canal — Total traffic thous of long tons U. S. vessels thous. of long tons.British vessels.. _ .thous. of long tons.St. Lawrence Canal, thous. of short tons.. Sault Ste. Marie Canal thous of short tons 119, 972 221, 673 166, 200 891 156, 642 209, 864 86, 346 998 510 2 3 »315 i » 1.193 ! 463, 164 548, 640 603, 544 1, 649 744 405 32 1, 578 676 371 664 1,763 930 327 795 293 3,049 1,964 6,248 2,019 »856 635, 571 8,943 11,528 609 134 9,687 : 128 9,884 i 49, 620 165,789 69, 572 1, 359 0 58, 740 233,890 75, 512 1, 571 0 102 10, 826 64, 170 225, 021 107, 507 1,547 0 661, 514 849, 277 1,755 884 318 711 1,789 859 378 714 1,867 820 466 717 7,126 1,813 8,385 1,860 7,611 1,963 » 2, 135 290 365 383 «942 . 3 765 3 1, 268 3969 736, 187 »464 545, 900 428,499 ; 504,700 3951 500, 211 685, 526 713, 200 1,759 828 453 920 1,925 937 421 1,166 2,011 929 436 319 1,916 910 429 0 1, 930 864 448 0 2, 107 958 540 0 2,167 953 536 38 6,845 2,027 4,335 2,403 922 2,396 0 2,440 0 2,474 0 2,744 0 312 2,246 68, 400 5, 414 1, 843 3,571 5, 505 1,991 3,514 3 1, 484 3 2, 120 3 2, 440 0 0 Welland Canal ... . .. . . short tons.. 103, 954 954, 773 821, 454 968, 763 972, 976 871, 513 1,015,469 1,165,853 370, 003 Ocean traffic: Clearances, vessels in foreign trade6,837 7,636 7, 463 5,044 5.605 6,461 6,639 5,907 4, 972 6.543 Total -thous. of net tons.. 4, 86G 2,734 2, 298 2,478 2,742 2,420 American _. thous. of net tons.. 1,729 2,092 1,773 2, 241 2,525 1, 695 3, 137 4,359 3,309 4,041 4,729 4,794 4,014 3,816 3,271 4,302 Foreign thous. of net tons 3,277 Passenger travel: Arrivals from abroad— 2, 899 5,017 3, 913 4,090 3,174 3,577 3,534 3,799 3,147 Immigrants number 3,470 16, 823 32, 427 62, 581 30, 944 59, 372 25, 588 22, 518 34, 861 27,508 i United States citizens number •-28,281 Departures abroad— 11,318 9,541 10, 857 8,733 7,428 5,616 4,693 5,893 5,647 Emigrants ..number.. 4,720 j 23, 224 42, 247 35, 016 23, 242 32, 278 46, 961 65, 895 29, 579 33,172 United States citizens number > 24, 418 6,622 8,812 10, 749 28, 613 Passports issued _ number..; 5, 513 7,345 17, 667 27,689 21, 466 14, 328 7,255 j Pullman Company operations: 4,238 5,409 6,564 4,894 5,413 5,346 Revenue thous. of dolls 4,499 5,470 5,055 5,238 1,526 1,969 1,966 1, 674 2,023 2,091 2, 051 1,900 1,986 1,919 Passengers carried thousands J Trend of business in hotels: 3.39 3.56 3.55 3.64 3.55 3.63 3.58 3.50 3.73 3.84 3.51 Average sale per occupied room. —dollars.. 52 58 54 54 61 61 64 56 56 Room occupancy p. ct. of capacity-60 63 Steam railways: Equipment— Freight cars— In bad order, end of month— Quantity.. _. cars.. 187, 666 196, 324 194, 948 194, 127 187, 585 181, 702 172, 778 170, 165 162, 966 162, 117 153,606 i 8.7 8.3 8.9 7.9 7.4 6.9 9.0 8.6 7.7 7.3 Ratio to total cars.. .per cent-9.0 11 New orders cars.798 534 443 972 2,166 24 28 3 46 2,768 Owned, end of month2,211 2,229 2,244 2,253 i Quantity thous. of cars.. 2,216 2,220 2,224 2,249 2,251 Capacity mills, of lbs_. 207, 259 2207,690 207, 947 208, 207 208, 679 209, 645 209,958 210, 102 210,235 j Shipments546 404 341 762 780 524 648 1,082 Total cars.. 615 633 150 542 341 1,082 Domestic_ cars.. 404 555 646 150 499 657 533 776 Unfilled orders (railroads)— 4,252 6,466 7,542 7,484 Total cars . 4,610 5,100 7,179 6,585 8,637! 6,746 1,336 314 Of manufacturers cars.. 220 534 1,569 2,070 1,599 2,176 2,207 868 4,032 4,880 In railroad shops cars.. 4,296 5,109 4,986 5,130 4,566 5,366 5,915 6,430 Locomotives (Am. Ry. Assc.)— 1 11 1 Exports, steam number.. 2 0 3 5 0 1 i Revised. Quarter ending in month indicated. 2 ; 4,091 ! 19,844 ! 6, 439 28, 535 4,397 : 24,885 7,445 ; 5, 450 21, 140 6, 565 6,072 i 2,203 5,418 2, 180 3.80 : 66 3.72 60 147,650 ! 6.7 i 0 147, 334 6.6 2, 691 2,254 210,229 2,258 210, 426 845 735 607 438 8,799 2,681 6,118 9,780 3,376 6,404 2 3 52 SURVEY OF CURRENT BUSINESS February, 1932 MONTHLY BUSINESS STATISTICS—Continued Earlier data for items shown here may be found in the 1931 Annual Supple- Decem- j Novemment to the Survey ber i ber 1931 October S «P'f - August July 1930 June April | March May *$? January December PUBLIC UTILITIES— Continued Locomotives ; ; In bad order, end of monthAwaiting classified repairs number.. 6,990 Ratio to total locomotives . _ _ _ _ _ percent-13.0 Installed number 68 New orders ___ _ _ number 11 Retired __number_. 46 Owned, end of month — Quantity... _ . ._ number __ 54, 4f>8 Tractive power mills, of lbs__ 2,496 Shipments, manufacturers (Census)— Total number-Electric, domestic number.. 1 Steam, domestic.. _ number- . 0 Shipments, electric locomotives3Q Industrial (quarterly) number Mining (quarterly) number 3 24 Unfilled orders (railroads), end of nio.__ Of manufacturers number. _ 30 9 In railroad shops - number.. Unfilled orders, manufacturers' (Census)— Total number.143 104 Electric, domestic number32 Steam, domestic number-Passenger cars— In railroad hands, end of quarter __ numberNew orders .. ... _ . - cars.. 0 Shipments— Total cars 2 Domestic... __ cars2 Unfilled orders, end of quarter number Financial operations — Net operating income, thous. of dolls. . Operating revenuesCanada thous. or dolls United StatesTotal .. .thous, of dollsFreight -thous. of dolls-. Passengers- -~-thous. of dolls _ Operating expenses.— thous. of dolls.Net operating revenue, Canada _-_,„. ...thous. of dolls.Freight cars— Carload! ngs*~ Total .__. thous. of cars.. 2,273 Coal and coke -.„.,. thous, of cars. . 494 Forest products thous. of cars.. 71 Grain and grain products 112 _..!.. thous. of cars.87 Livestock, .. thous. of cars-Ore. . _ thous, of cars.. 15 742 Merchandise, I. c. 1 -thous. of earsMiscellaneous thous. of cars-. 753 Car surplus (dally average, last week of month)— Total..., . cars.. 750,690 Box __ears_- 401,332 Coal cars 268,669 Operation resultsFreight carried 1 mile— Canada mills, of tons United States -.mills. -of tons— .._ Passengers carried 1 mile millions Receipts per ton-mile cents.. : 6,836 6,485 6, 310 6, 173 5,913 5,938 i 12.7 53 20 81 12.0 61 0 139 11.7 51 1 113 11.4 95 6 122 10.9 66 6 108 10.9 114 291 10.8 94 151 182 54, 861 1 2,509 54, 889 2,509 54,967 2,612 55,029 2,614 65, 056 2,613 55, 098 2,513 55, 278 2,518 9 0 8 4 0 4 13 1 2 13 1 6 19 0 19 26 0 26 \ 11 3 3 L— 337 \ ' j 1 5,958 j 5,910 5,967 5, 734 5, 522 5,216 10.9 \ 67 \ 7 ' 151 10.9 77 8 161 10. 4 86 8 128 10. 0 80 2 182 9.5 92 60 390 55,534 ! 55,576 2, 525 2, 525 55, 678 2,528 55,366 i 55,450 2,520 \ 2,522 15 2 i 12 30 6 6 i 15 ! 5 ! 10 | 16 6 10 49 7 37 * 17 i go 84 *82 323 376 0 10 15 4 15 12 16 13 18 14 20 16 31 20 67 j 24 60 26 57 ! 29 i 64 ! 30 ; so ISO 105 21 \ 112 105 7 120 105 14 74 55 18 bf> 65 20 95 54 30 58 0 47 80 0 69 j 95 2 81 103 ! 7 ! 85 | 91 ' 12 78 104 „ . _ . * 51, 486 4 0 0| ; ; ; 0 0 0 0 21 0 » 50, 958 0 0 0 0 8 8 "6" 2 2 3 16 » 61, 136 0 13 13 6" 38 38 37 37 24 24 is se ! « 51, 644 30 ! 30 i 2 0 33 33 1 i ! 1 8 i i 125 «24 90 *264 64, 020 55,319 55,859 66, 535 50, 163 32,611 30,158 28,265 29, 352 30, 480 363, 206 289,193 38, 202 261, 247 350, 335 270, 239 44,757 258, 223 364, 525 280, 103 49,183 2G9, 463 377, 146 290, 348 50,272 280, 127 369, 810 281,261 60,957 280, 145 369, 020 283, 161 46,981 288,067 7,363 5,036 1,871 2. 049 1,898 2,166 3,640 3,112 121 I 2,620 507 87 3,813 755 123 2, 908 616 104 3, 747 617 138 2, §31 452 100 9 ggy, 465 125 3, 735 611 165 2,988 480 130 2,940 555 138 145 25 80G 946 .193 145 102 1,081 1,415 149 96 121 841 1, OS1 228 106 175 1, 069 1, 413 220 71 139 830 1,113 140 75 119 876 1, 192 180 306 80 1,097 1,498 151 85 29 899 1,206 153 79 23 886 1,105 : 659,346 340,502 ; 249,193 535, 254 290, 369 185, 442 564,284 203, 424 209, 765 573,680 302, 887 206, 240 564, 068 288,414 211., 044 599, 282 306, 443 224, 120 615, 924 308, 319 238, 504 602,832 282,315 251,679 62J,fiOO 298,837 252,825 25,086 2 907 30,' 588 1,541 1,046 2, 057 27,847 1,900 1. 049 1, 636 29.348 2,077 1. 041 1, 770 30, 276 2,116 1.051 2,207 28, 258 2, 034 1.090 2,178 30, 014 1,870 1.054 2, 136 28, 710 1,831 1. 093 2, 104 29, 960 1,758 1. 074 1,951 i 27.079 1,747 1.049 2,016 1 30,314 1,915 1.016 : 2, 239 &). 026 1, 167 1,171 1,174 1,178 1,179 1,182 1, 184 1,185 1,187 1, 187 1, 187 i 1, 187 124 535 124 540 133 548 137 651 137 532 131 536 138 540 138 544 128 ! 548 i 128 ; 550 ! 130 553 1,228 1,368 1,413 1,422 1,467 1, 520 : 39 95 124 162 123 85 89 i 328 243 341 380 409 \ 431 456 447 1 439 232 436 278 198 357 379 171 293 444 125 '•• 285 ; 441 ; 131 341 441 151 398 430 134 i 437 ! 412 j 90 282 417 307 311 315 327 i 358 2,786 2,570 26,821 ; 27,589 19,620 19,421 99. 5 98. 4 2, 535 20, 948 17, 084 86.6 36,580 305.385 238,459 35,904 238,507 ; ; ; I 104 41, 264 30,934 39,074 i 45,906 27,264 30,812 30,613 26,788 369,652 376,149 283,711 291,289 47,272 ! 47,150 290,618 j 291,582 336.632 257,521 46,455 272, 116 i 33,849 49, 372 ' 33, 450 28,141 377. 933 365,900 277,014 ! 280; 909 55, 443 53,349 294, 082 1i 297,606 424 5,910 2,836 584 i 138 i 3,491 817 i 156 »2,782 638 121 166 88 22 842 997 i 196 i 124 i 26 &97 1,176 »142 94 22 819 945 650,964 648,750 324 938 336,577 253,515 i 240,292 706, 538 380, 603 251, 358 ; 2, 015 1,052 FINANCE Agricultural Finances Loans outstanding, end of month: Federal land banks mills, of dolls Federal intermediate credit banks mills, of dolls.. Joint-stock land banks mills, of dolls.. 130 545 Banking Acceptances and commercial paper: Bankers acceptances outstanding1,040 Total __ mills, of dolls . 1 , 002 996 1,090 Held by Federal reserve banks— For own account _. mills, of dolls. . 647 418 420 70 For account of foreign correspondents mills, of dolls-99 120 100 228 Held by group of accepting banks112 Own bills. mills, of dolls.. .125 162 i 168 118 Bills bought . mills, of dolls 171 248 439 63 Held by others . . _ _ mills, of dolls.. 162 Go 185 Commercial paper outstanding mills, of dolls 174 210 248 271 Bank debits: Canada.. mills, of dolls2,587 2,842 2,451 2,244 New York City mills, of dolls.. 19, 233 14, 464 20, 678 20,073 17,501 Outside New York City— .mills, of dolls.. 17,112 j 14,605 18, 125 16,627 16,526 Outside New York City... rel. to 1823-2591. 9 86.7 74.0 84.3 i 83.8 * Data for January, May, and October, 1931, are for 5 weeks, other months 4 weeks. 289 292 305 2,400 21,007 18, 444 93.5 2, 694 25, 893 19,406 98.4 3,172 25,072 18, 858 95.6 2 Revised. 1, 520 1, 656 2, 668 ; 3,012 24? 557 1 29, 001 21, 697 i 23, 107 110.0 » 117. 1 * Quarter ending in month indicated. February, 1932 53 SURVEY OF CURRENT BUSINESS MONTHLY BUSINESS STATISTICS—Continued Earlier data for items shown here may \ be found in the l'J31 Annual Supple- Decem- NovemOctober Septem- August ment to the Survey \ ber ber ber 1931 July 1930 June May April March February January P^1- FSNANCE-ContlniiQd Banking— Continued j Brokers' loans, end of month: :j By N. Y. F. 11. member banks \ 1,798 591 869 1,172 1,730 mills, of dolls : 1,390 ! 1,479 1,539 1,734 J! 1 926 1,366 1,875 720 3.22 2.20 2.33 3.04 3.03 2.93 3.37 3.40 3.30 3.86 Hatio to market value per cent- J 2.35 3,23 3.58 587 1,840 1,044 1,354 1, 344 1, 391 1, 435 1,651 1,720 !| 1,894 Total mills, of dolls796 1,909 730 Federal reserve banks: ! 728 638 157 195 149 174 198 Bills discounted . mills, of dolls..' 255 250 232 i 251 328 713 Member bank reserve account < 2,167 2,371 2,343 mills, of dolls.. | 1, 961 2,367 2,381 2,389 2, 364 2,398 ! 2,471 2,373 2,428 2,051 2,429 1,535 1,478 1,765 1,723 1,580 Notes in circulation ..mills, of dolls..! 2, 098 1,494 , 1,664 1,963 1,486 2, 480 937 2,184 925 976 943 917 Reserve bank credit mills, of dolls, _ j l' 853 980 I 1,373 1.578 990 1, 255 1, 931 f) 2, 434 2,380 2 527 2, 50 4 2, 442 2 506 2, 399 Total deposits mills, of dolls ! 2, 1 25 2 632 2 252 2 448 : ' 517 2 506 751 773 724 761 1,408 943 708 Total investments . . .. mills, of dolls. ! 1, 206 1.211 723 1 169 735 'i 1,100 3,244 3, 334 2,903 3, 597 3, 576 3, 413 3, 29f> 3,243 i : 3,082 3,301 Total reserve mills, of dolls. .1 3, 158 3,619 3 080 Federal reserve member banks: \ 13, 664 13, 614 12, 449 13, 473 13, 688 13, 605 Net demand deposits ...... mills, of dolls. J 1J,871 12 199 13, 748 13,680 !| 13,999 13, 227 13, 244 7,903 7,183 7, 810 7, 795 7, 807 7,700 7.551 6,843 :i 6 693 Total investments mills of dolls ' 7, 428 7 506 7 916 7 665 14, 993 15,464 13, 521 14,486 14,091 14,730 15, 382 Total loans and discounts.. mills, of dolls,.! 13, 104 15,753 ; i 16,263 14, 398 13,350 14, 191 Interest rates: i 1.52 1.50 9 50 2.10 2 70 1 50 1. 50 1. 45 1.55 2.57 ; 2 23 Call loans renewal per cent 1 50 1 50 5.63 5.63 5.63 5. 63 5. S3 i 5. 63 Federal land banks per cent 5.63 5.63 ; 5.63 5.63 5 63 5 63 4.06 3. 81 3. 90 4. 00 4.00 4.00 4.00 Intermediate credit banks.. per cent... 4. 00 " 4. 00 4 50 3.81 3. 81 New York Federal Reserve ; ! 2.00 2.00 3.50 * 3. 50 1 50 !. 50 * 1. 50 2. 00 * 2. 00 Bank (discount rate), _ ..per cent..! 2.00 1.50 3 50 1.50 1.44 1.50 3.00 2.50 .88 . 88 ' 2, 00 1.50 Prime bankers' acceptances per cent..! 1.07 1.56 1.88 .88 3.07 Prime commercial paper (4-6 months) 2. 63 . __ per cent..1 3.88 2. 00 2. 00 2. 13 3.13 2.38 2.50 2. 88 ; 2.88 2.00 2.00 4 00 2. 13 9 25 3.50 3.25 2.00 2. 13 1.88 L38 1.50 1.75 Time loans. 90 days per cent 3 50 1 63 1 38 Savings deposits: 5,059 4,928 5,217 5, 149 5, 156 j 5, 083 New York State mills, of dolls.. 5,255 4,888 4,792 5,018 5,231 5,213 5,173 United States postal savings system31,353 32, 061 Deposits ...thous. of dolls., 62, 047 43, 505 ; 31, 822 29, 337 51,585 : 58,879 73, 774 20, 944 17, 648 Withdrawals thous. of dolls.. 27,007 21,117 20,568 18, 638 18,611 ! 14,167 23, 532 Balance to credit of depositors thous. of dolls _ 595, 634 555 560 527, 130 460, 915 2 422, 699 372,457 347,417 325,028 313, 775 302, 658 292, 059 278,353 ! 245,379 Balance on deposit in banks.. thous. of dolls.. 209,509 464 841 447, 300 401, 200 368 000 329, 655 306, 120 289, 034 278, 304 267, 790 255, 268 240,216 Business Failures Firms (United States): 522 64 77 353 202 344 93 167 89 Banks . number i 174 86 305 58 2, 362 2,563 1S983 1,993 2,248 2,386 Total commercial. ...number.. 2, 758 2,604 3,316 i 2,525 1,944 2,195 1,936 614 591 515 583 520 449 552 582 Manufacturers, ..number.. 611 ; 537 449 427 519 1,710 1, 605 1,322 1,435 1,570 1,843 2,541 : 1,834 Trade establishments number . 2,013 1,831 1 545 1,374 1,381 154 149 143 141 109 126 158 164 ! 154 Agents and brokers --number-179 113 136 131 By groups| Manufacturers— 614 591 520 449 552 583 515 Total number 582 611 : 537 449 427 519 11 9 14 5 13 13 7 12 9 Chemicals. _ _ . number 10 i 9 13 12 48 50 34 64 43 32 34 38 37 Foodstuffs number 40 37 40 30 ; 11 20 12 14 16 26 14 Leather ... number 18 23 17 14 14 18 4 9 14 6 10 4 6 Liquors and tobacco number, . 9 10 6 6 15 65 72 54 39 57 65 Lumber number 75 61 76 ! 77 49 52 62 29 32 17 21 27 10 15 21 i 15 Printing and engraving-number.. 27 24 23 14 11 4 13 7 9 9 5 Stone, clay, and glass number, . 7 11 1 12 18 6 6 116 81 75 53 78 96 78 124 i 85 Textiles . . . . number 79 82 64 61 49 54 55 49 37 50 55 52 44 i 34 Metals number. _ 49 32 64 235 269 258 167 250 227 282 All other . number 290 270 251 191 198 181 Traders2, 013 1 605 1 322 1,435 1,570 1,710 2,541 1 834 Total number 1,843 1,831 1 545 1 374 1 381 16 19 19 20 19 18 BOOKS and paper number-18 28 15 i 15 15 19 12 142 93 112 86 84 108 98 107 Chemicals and paints.. .number117 S 114 114 90 109 421 351 257 235 ! 295 Clothing number,. 284 i 381 400 633 ; j 444 289 220 273 591 363 360 401 451 441 438 Foods and tobacco number-447 476 ' 461 441 411 353 159 152 66 89 88 109 131 General stores number 105 220 138 124 78 87 343 239 243 357 407 297 Household furniture number,. 358 260 ; 571 : 290 234 260 235 341 362 All other number ... 292 404 302 386 379 322 357 328 509 372 286 2 2 263 275 213 253 223 174 196 200 295 2 275 Firms (Canada) number 258 230 164 Liabilities (United" States): Banks thous. of dolls.. 305, 674 2 69, 402 493, 751 236,511 185, 902 41 , 334 195, 951 43, 963 42, 417 35, 285 35, 123 78,130 : 367,119 73, 213 50, 868 59 608 60 998 61, 656 53, 371 Total Commercial thous of dolls 70 660 60 387 94 6C8 S3 683 60 660 47 256 53 095 22, 454 18, 719 24, 072 25, 304 20,586 21,909 18,506 Manufacturers . thous. of dolls 26 334 ! 14 857 47,633 19,948 26'' 112 16 967 Trade establishments thous. of dolls— 38, 386 27, 229 29, 486 I 24,658 25, 848 28,091 25,934 25.069 26, 386 30, 348 30, 852 43.071 : 28,853 12,321 3,813 9,796 2 5, 763 5,967 2 3, 452 2 3,904 Agents and brokers thous. of dolls.. 12, 373 35,382 7,318 214, 841 7, 741 10, 210 5,771 3,012 3,345 i 3,504 22,776 3, 753 2 3, 705 Liabilities (Canada) -thous. of dolls. _ 3, 170 | 24,540 4,200 ' 26.271 6.300 2,138 Dividend and Interest Payments 671 524 Orand total mills of dolls 946 i 762 560 749 594 1, 121 720 747 558 533 490 Dividend pavments: 231 28.314 Total.. .I ..mills, of dolls.. 387 i 346 292 311 521 291 288 233 251 245 Industrial and miscel180 217 287 237 213 laneous mills, of dolls 236 236 225 386 216 183 174 170 29 4.' 42 34 33 38 Steam railroads mills, of dolls— 46 32 36 ; 27 56 39 34 11 11 9 Q 7 9 9 Street railways.. mills, of dolls 11 7 8 16 13 6 440 601 499 435 Interest payments mills, of dolls 559 416 268 284 239 459 307 300 245 Foreign Exchange Bates America: 597 .585 Argentina . dolls, per gold peso .699 .703 .707 .765 .780 .719 697 . 756 . 520 : 588 646 .062 .086 Brazil dolls, per milreis . .072 .075 .067 .073 .079 062 .091 . 096 . 056 .059 06-4 .827 Canada dolls, per Canadian doll.. 1.000 1.000 . 998 . 999 .891 .963 .997 ' .997 .999 1.000 .890 !1 .997 .121 .121 Chile dolls, per paper peso . 121 : . 121 . 121 .121 .121 . 121 121 121 121 120 121 Asia: . 435 .494 Japan ..dolls, per yen-.494 .494 .494 .494 .494 ,493 .494 .496 .493 1 .493 ; .494 .254 .359 .359 India _. . dolls, per rupee 361 .361 .359 .360 .360 .361 280 • .287 i 339 359 Europe: .139 Belgium dolls. per belga . 140 139 139 139 139 . 139 140 139 ; 139 139 140 139 3.37 England _ dolls, per Ib sterling 4.86 4 86 4. 85 • 486 3 72 4 86 ; 4 86 4 86 4 53 4.86 3 89 4 86 .039 .039 .039 France.. dolls, per franc,. .039 1 .039 ! .039 .039 .039 .039 1 .039 .039 .039 .039 .051 Italy.. ._ _. . dolls, per lira-.052 .052 ' .052 .052 ,052 .052 .052 .052 .052 052 .052 .052 403 403 . 402 Netherlands dolls, per guilder 402 401 402 403 403 ! 402 i 402 401 401 404 I .187 Sweden dolls, per krone 207 268 .268 . 268 . 268 231 i .268 1 268 .268 268 261 268 .195 dolls, per franc.. Digitized for Switzerland FRASER .194 , .194 . 194 i . 194 . 193 .192 .193 .195 .195 : .193 .195 .196 ! 1 http://fraser.stlouisfed.org/ Eate changed Dec. 24,1930,May 8,1931, Oct. 9, to 2.50, and Oct. 16 to 3.50, » Revised. Federal Reserve Bank of St. Louis 54 SURVEY OF CURRENT BUSINESS February,1932 MONTHLY BUSINESS STATISTICS—Continued 1931 Earlier data for items shown here may be found in the 1931 Annual Supple- • Decem- i Novem i Septern ment to the Survey i ber ; bar ! October i ber August July ; June 1930 May March ! Febru- January ary A pril FIN AN C E— Continued ^™ i | Cole! auc! Silver Gold: Domestic receipts at mint fine ounces _ -i Exports -thous. of dolls. Earinarked for foreign account bv Fed ros banks thous. of dolls J Imports -_ thous. of doiis . . ; Monetary stocks of U. S., daily average -__.......mills, of dolls. -i Jiand output. _...> . fine ounces 8ilver; Exports _.— — __.tbous. of dolls.. i Imports -~- -— thous. of dolls- i Price at New York— ... .dolls, per fine oz_. ProductionUnited States thous. of fine oz Panada thous. of fine oz-. Mexico tlious. of fine oz_. Stocks, end of month— United States thous. of fine oz Canada . thous. offineoz.. 123,555 32, 651 134,775 : 123, 748 4, 994 1 398,604 458,544 89, 509 435,621 ! 463, 931 94, 430 ! 60.919 356,321 49, 269 ! | 628 93, 612 85,091 i 87,717 1 04,476 ' ; 109,907 27 | 26 ! 14 j 54 • j^ 36 61,231 ' 31,531 i 123,795 127, 795 120, 295 ! 123,295 20,512 ; 63,887 i 50, 258 49, 543 25, 671 16, 156 I 4,975 4,958 ! 4,885 4, 767 4,363 i2 4, 447 ! 4, 948 4,711 4,682 i 4, 656 945, 113 916,000 916, 425 | 916, 843 897, 000 910, 279 882, 237 910, 938 ! 839,937 4,450 77,231 57,539 1 125,795 | 34. 426 137,695 \ 32, 778 j i 622 , "* 4, 583 ' 914 576 ' ()0^ 49'^ 2,lfl8 2872 ! 3,215 :! 22,138 i .301 .322 1 2,158 ! 2. 573 1 .295 | 2, 183 :' 2, 355 .282 2,024 i 2,685 . 275 ; 2,305 ! 1,895 i 1,663 2,364 i . 283 : . 273 i 2,099 1 2, 636 ,277 3,249 2, 439 .283 2 t 323 ! 1,638 1 1,821 1,877 1 .292 .208 ! 2, 507 : 2 2, 132 ' 1, 113 : L 659 2, 181 1 2,117 : 7, 312 ; 2, 101 1, 403 7, 510 i 2,419 1,610 6, 814 2,176 2,133 6, 390 2,433 i 731 ! 7, 041 i 2,782 1, 836 i 7, 374 2, 831 1, 139 9,535 3,528 ! 1,431 6,510 3, 187 3,480 1,772 1 1, 932 6,944 | 8,751 6,209 i 5,035 ' 1,273 : 1,471 j 4, 066 ! 1, 110 i 4, OS2 989 2,240 i 1,363 ; 2,077 754 1,611 i 958 1, 485 ; 1, 423 713 1,509 2,714 798 ! 1,851 ! 702 : 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.. II Steel and railroad equipment .. ...mills, of dolls... Class I railroads - .. -..mills, of dolls-. Other public utilities mills, of dolls.. Telephones _ .mills, of dolls. _ 95,133 115,343 118,123 114,651 39 ; 1,009 ; 40 128,928 28, 70S .i ; '. i L.____ __ ;_. "... .. __ ! : : 3,571 : 2,896 ' .294 ; 3,472 2,660 .326 3,713 2, 043 8,481 792 694 960 179 i 3 390 - - - - - _ - _ : _ _ 3 97 3 3 3R2 S 44! 159 i ! £ 3 125 a 11(J 8 30 «31 I 265 235 314 329 35 3 0 33 3 48 3 0 3 3Q 1 s 167 359 3 67 L »4 25 47 «3 «5 53 39 j — 132 » 78 3 72 8 ! • ! sg 107 »81 3 69 3 10 3 Qn 'i ft ' i 30 '04 34 : i 3 Q 3 :1 '3 ' • 3 IB i ? 9^fi i ' ^94 * 68 Life Insurance (Association of Life Insurance Presidents) Admitted life insurance assets (40 cos.): Grand total mills, of dolls . ' 16 288 j 16, 227 16, 135 Mortgage loans; Total . mills, of dolls 6 387 6, 379 6,363 Farm mills, of dolls 1, 523 i 1, 527 1,530 All other .. __._.. mills, of dolls . i 4, 864 4,852 4, 833 Bonds and stocks (book value): Government mills, of dolls 1, 284 1,283 1, 292 1, 667 1,665 Public utility ..mills, of dolls . 1,663 ! 2,688 2,687 Railroad mills, of dolls.. 2,669 ! 525 All other mills, of dolls 524 519 - ' 6, 164 6,159 Total mills, of dolls 6,143 Policy loans and premium notes mills, of dolls.. ..J 2,544 2, 508 2,446 Amount of new insurance (44 cos.) : 41 37 101 ; 29 Group mills, of dolls.. 214 262 230 199 Industrial - .-mills, of dolls 563 754 588 484 Ordinary mills, of dolls 818 1,117 847 Total insurance mills, of dolls 720 Policies and certificates, new (44 cos.): 44 19 18 22 Group thous. of certificates ._ 761 1,156 ! 951 723 Industrial ._ - - .thous. of policies 350 ! 259 256 223 Ordinary thous. of policies 1,035 968 Total policies and certificates. .thousands-- 1,551 ! 1,229 Premium collections (44 cos.) : * ! 9,812 10, 125 9,019 Annuities . -. .thous. of dolls. . i 7,464 7,484 7, 521 Group thous. of dolls.58, 36o 55, 319 j 59,204 Industrial thous. of dolls.. 158,721 165, 587 150, 450 Ordinary thous. of dolls.. > 235,201 241, 561 222, 309 Total ..thous. of dolls.. Sales of ordinary life insurance (Life Insurance Sales Research Bureau): Canada, total, 15 cos thous. of dolls,. 47,163 ! 38,860 36, 006 30, 066 United States, total _thous. of dolls.. 799,971 i 629,760 599, 855 535,353 i Eastern manufacturing district— thous. of dolls.. 342, 141 278, 665 258, 245 221, 440 Far western district. .. thous. of dolls.. 79,695 ; 64,140 61, 492 56, 553 Southern district. thous. of dolls.. 88,686 66,626 64, 470 61, 076 Western agricultural district thous. of dolls . 110,183 80,794 80, 224 75,004 Western manufacturing district thous. of dolls.. 179, 266 139, 535 135, 424 121,280 Ordinary life insurance, lapse rates (Life Insurance Research Bureau): 3124 United States, total rel. to 1925-26 3 140 East North Central rel to 1925-26 3123 East South Central rel. to 1925-26 3140 Middle Atlantic rel. to 1925-26 . » 113 Mountain rel to 1925-26 3122 New England rel. to 1925-26 Pacific rel. to 1925-26 H16 South Atlantic rel. to 1925-26 •107 3 120 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. 16,070 ; 15,978 15,871 15, 662 15,673 15, 474 15,392 : i 15,293 6,359 i 6,353 1,533 1,535 4,826 | 4,818 6,356 1,537 4, 819 0,345 1,641 | 4,804 i 6,332 1,544 4,788 6,330 1,547 4,783 6,323 1,555 4,768 6,312 1,555 , 4,757 . ; 6,303 1,554 4,749 ! 1 1,258 i 1,667 2,663 i 504 6,092 1,213 1,662 2,657 503 6,035 1,189 1,644 2, 653 504 5,990 1,184 i 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 i 478 5,762 1,104 1,531 2,637 475 5,747 i 2, 409 2, 212 2, 169 : ; ] 15,769 j : 2, 388 2,363 2,331 2,300 2,273 2,241 46 247 547 839 i 46 253 606 905 81 251 673 1,005 72 236 672 980 99 225 691 1,025 62 247 720 1,028 104 209 599 912 26 ! 995 ! 233 1,254 | 22 994 260 1,276 45 926 285 1,258 35 845 288 1,168 59 865 301 1,225 28 881 321 1,230 60 731 247 1,039 9,304 7,895 62,874 154,579 234, 652 78 214 596 888 ; 44 750 231 1,026 131 229 753 1,112 59 794 319 1,172 i 17,979 13, 868 25, 175 12, 682 11,919 12,430 10,741 19,615 8,114 8,037 8,117 8,398 8,748 10,108 8,790 9,591 : 55,612 60,654 59,884 53,854 62,920 56,388 62,659 112,066 i 178,398 173,947 175, 562 183, 992 186,452 166,759 170,497 : 191,871 i 260, 103 256, 586 268,658 258, 926 270, 081 244, 325 254,005 ; 333,743 35,738 39,977 46, 227 41, 314 45,648 46,945 40, 180 41,188 ! 49,874 589,497 634,902 734, 614 724, 206 754,002 770,440 | 647, 140 628, 607 795, 642 242,920 ; 267,378 321, 403 313, 038 327, 077 343,745 289, 757 280,066 324,635 60, 607 i 63, 112 70,226 68, 663 70, 943 73,579 60, 094 61,589 : 86,291 69,047 i 73,714 84, 055 81, 955 82,930 77,628 64,009 65,329 <J 1,922 i 84, 197 ; 91, 959 100,752 98,861 102, 396 101, 945 86,439 82, 754 117, 117 132,726 ; 138,739 158, 178 | 161, 689 170, 657 173, 543 146,841 138,869 175,677 8 1 J Revised. 111 * 123 3 117 •127 3 95 3105 3103 3100 ! 3107 « 110 ! ; 3 113 3114 1 98 i 3109 3108 3119 3 Quarter ending in month indicated. 3 !27 3 13° s 139 3 3 116 1 128 1 128 3108 ..J 143 s 105 '3>• 141 114 3 121 3 11 9 3 124 55 SURVEY OF CURRENT BUSINESS February, 1932 MONTHLY BUSINESS STATISTICS—Continued 1931 Earlier data for items shown here may be found in the 1931 Annual Supple- Decem- NovemOctober Septem- August ment to the Survey ber ber ber July 1930 June May April March Febru- * January ary ^' FINANCE— Continued Public Finance Customs receipts thous. of dolls 2fi, 549 27, 445 35, 175 35, 500 38, 210 34, 480 28, 986 27, 463 31, 798 31,807 Expenditures chargeable to ordinary receipts tlious. of dolls SG2, 348 292, 652 416, 472 356, 630 323, 838 330,661 375,153 285, 892 432, 366 720, 236 Government debt, gross, end of ?»• month - _. ....mills, of dolls .. 17, 825 17, 310 17, 292 17, 321 16, 864 16, 802 16, 801 16, 527 16, 655 16, 583 Total ordinary receipts thous of dolls 342, 271 106, 304 134, 649 368, 792 122, 141 131, 706 512, 894 124, 405 148, 208 433, 301 United States money in cir5, 518 5,133 4, 590 5,478 4,679 4,947 4, 836 4, 750 4,647 culation ... mills, of dolls.. 5, 611 28,107 28, 808 : 2 30, 703 191, 425 413,798 ' 364,540 16, 231 118, 614 18,163 ; 16,026 125,605 ! • 717,002 4, 598 4,695 ; 4,823 Stockholders American Telephone <fe Telegraph Co.: Domestic number Foreign number Pennsylvania R. R. Co.: Domestic number Foreign number U. 8. Steel Corporation (common stock): Domestic number _ Foreign _ ... . . ._ . number Shares held by brokers p. ct. of total 3 605, 885 86,870 ......... » 574, 905 * 6, 383 ^240,734 ' 33,291 ? 235, 306 * 3, 272 s 166, 316 «2,701 * 13. 16 3 ? ?"8 6|7S5 3241,391 . * 3, 284 3 245, 509 •» 695.822 5 '» 163, 718 * 2, 520 . ... „ - - - •' 233 4H ; ^ 10O .._-,.._-•; 143,221 2 3^5 16 90 ; » 147, 440 » 2, 451 J 15. 68 » 14.37 . ._— 5^0 4°4 6 J84 Stocks and Bonds BONDS Bond prices: Combined price Index.-p. ct. of par, 4% bond. Highest-grade rails. p. ct of par, 4% bond-Industrial p. ct. of par, 4% bond Public utility p. ct. of par, 4% bond- _ Second-grade rails.p. ct. of par, 4% bond-Bond prices, 1st of following month: 50 domestic bonds __p. ct. of par.. 40 representative issues p. ct. of par.. 5 Liberty bonds p. ct. of par-Bond yields: Industrial (15) _-_ .percent. Liberty and Treasury bonds _per cent.Municipal (15).. _ percent Municipal bond yield (20) per centRailroads (15) __. . percent U. S. Treasury notes and certificates, 3-6 mos per cent Utilities (15) percent Total, 60 high grade per cent Long-term real-estate bonds issued: Grand total thous. of dolls Interest rates per cent Kind of structureApartments thous of dolls Hotels. thous. of dolls.. Office and commercial. thous. of dolls.. Purpose of issue— Acquisitions and improvements thous. of dolls, . Finance construction..thous, of dolls. . Real-estate mortgage.-thous. of dolls. _ 53.23 75. 29 47.37 65. 84 39. 11 64.08 83.73 56.31 72. 15 53. 02 65.06 84.35 55.48 71.93 56.49 72.24 02.70 61.60 78.40 64.11 77.05 95. 14 65-82 82. 81 70.76 80. 99 97. 70 67. 75 83.88 80.34 79. 07 97. 73 64. 36 82.76 78.51 80.48 97.68 66.70 80.91 82.54 80. 86 66.11 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 96.59 70 98 78.14 86.54 88. 19 45.61 98.23 91,72 50.20 100.86 92.96 56.10 100. 37 96.32 53.98 103.76 99.98 71.02 106.04 100. 38 72.32 i 106.09 100. 25 83.84 106.30 99.89 81.01 106. 84 100. 12 85. 30 105. 77 100. 15 88.03 105.37 100. 27 86,67 104.85 99.57 : 84.56 104.23 , 7.24 3.92 4.86 4.87 5.86 6.08 3.69 4.62 4.45 5.17 6.21 3.71 4.51 4.34 5.14 5.64 3.42 4.00 4.06 4.66 5.26 3.34 3.88 3.85 4.47 5.13 3.32 3.88 3.86 132 5.25 3.30 3.76 8.84 4.32 5.24 3.31 3.75 8.74 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 8.95 4.03 4.27 4.99 3.33 3.92 4.05 4.25 i i| J-J2 -*-34 4.05 4.12 4.41 2.41 5.29 5.81 1.77 4.89 5.19 1.70 4.77 6.16 .45 4.50 4.70 .42 4.40 4.50 j .41 4. 42 144 .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 j! 4.56 i . 4.43 < ! 1.48 4.61 4.5o 3, 185 5.43 2,619 5.71 9,125 5.00 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 6.66 3,590 6.36 4,520 'I 6.81 i 29,877 5.75 0° 2,575 0 500 1,979 0 0 9,125 0 0 66,445 0 0 1,985 0 0 175 0 0 2,700 o 265 8,650 260 0 4,400 0 0 1,476 0 0 2,000 0 1,250 !: 1,200 ;| 0 340 28,972 0 0 2,800 0 725 1,894 0 500 8,625 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 1,250 2,850 9 '! 850 530 27,945 142. 97 114.2 37.82 54.1 21.27 146. 65 117.2 44.72 63.9 23.85 156. 80 125.3 46.44 66.4 22.90 190. 59 152.3 57.87 82.7 32.48 193.83 154.9 64. 88 92.8 33.35 198.56 158.6 68. 09 97.4 35.81 193. 76 154.8 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 62.03 131. 6 44.00 214. 18 171.1 90.38 129.2 40.69 : ii ^ ! j'i 212. 34 169.6 82.00 117.2 38.09 71.7 46.0 114.7 69.7 48.4 111.9 81.7 56.1 131.0 95.5 66.2 154.0 98.2 75.3 157.6 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 i ! ! 67.5 98.1 122.2 75.4 64.8 80.1 121. 5 70.4 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 33.0 69.3 45.0 89.2 31.3 69.7 43.0 84.3 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 64.4 86.4 90.8 133.2 103.4 161.7 !| 202.5 i 106.2 j ! i: 50.6 ' 78.4 82.1 j ; 127.2: 109.4 93.5 157.9 B» 101.9 169.7 177.0 100.3 »• EPS 54.9 78.1 79.9 123.0 60.7 59.3 71.6 84.2 88.0 83.4 88.7 109.4 125.1 126.8 120.4 , 116.9 56.7 41.5 46.0 44.6 235.7 53.1 41.2 42.6 41.7 35.9 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 67.1 48.6 72.1 47.4 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 87.8 72.9 58.2 91.6 51.0 " !i I ;; 78 96 92.89 <)o-ol 75.54 82 7b 99.54 81.53 105.53 J '; STOCKS Stock prices, average daily closing: 25 industrials, average dolls, per share. . 119.96 95.8 25 industrials, average rel. to 1923-25. . 28. 44 25 railroads, average dolls, per share^_ 40.7 25 railroads, average. . . rel. to 1923-25 17.93 103 stocks, average dolls, per share Stock prices, average weekly closing: All groups (404). ..„ rel. to 1926 57.7 All railroads (33). _ rel. to 1926.. 33.0 95.6 All utilities (34) rel. to 1926 Industrials, rails and utilities 54.3 (337) rel. to 1926-. 74.7 Agricultural implements (4).. rel. to 1926.. 92.6 Airplanes (10) rel. to 1926 64.8 Automobiles and trucks (13). .rel. to 1926.. Automobile tires and rubber 24.9 goods (7) rel. to 1926.. 57.4 Chain stores (17) rel. to 1926.. 35.2 Copper and brass (9) rel. to 1926.. 74.0 Food, other than meat (20)... rel. to 1926.. Machinery and machine equip46.1 ment (10) rel. to 1926 Oil producing and refining 43.9 (16) .. _...rel. to 1926 31.0 Railroad equipment (9). ...... rel. to 1926.. 38.8 Rayon (5) rel. to 1926.. Steel and iron (9) rel. to 1926.. 34.0 31.0 Textiles (30) rel. to 1926 Theaters, motion pictures and amusements (7) rel. to 1926 15.8 Tobacco and tobacco products (10) rel. to 1926 90.6 Traction, motor transportation (9) rel. to 1926.. 37.2 ' Revised. 74.1 67.5 52.6 86.1 52.2 i ! ! i| ii 69.4 i! 66.7 27.7 28.3 37.9 43.4 44.5 44.6 44.3 61.3 76.1 80.2 106.2 104.7 117.5 136.9 141.0 133.5 137.3 144.3 143.8 137.4 131.5 i 125.6 43.6 43.6 51.1 59.8 62.7 63.2 60.8 61.9 67.1 66.3 63.1 ; : 63.3 2 Quarter ending in month indicated* 56 SURVEY OF CURRENT BUSINESS February, 1932 MONTHLY BUSINESS STATISTICS—Continued Earlier data for items shown here may be found in the 1931 Annual Supplement to the Survey 1931 D N< £T" i October :&f\ **"* IT' 1930 July June May April March 24, 890 33,540 58, 719 46, 661 54, 335 65,494 5. 80 5. 74 5.94 4.36 8. 15 5.77 5.66 5.89 4.33 7.54 5.85 5.96 6.26 4.47 7.76 5.71 5.95 6.23 4.42 7.91 5.59 5.43 5.69 4.04 7.12 5.54 4.95 5.17 3.60 6.75 ^- January December F FINANCE— Continued Stocks and Bonds— Continued STOCKS— C ontinued Stock sales, N. Y. Stock Exchange thous. of shares Stock yields: Preferred high-grade industrial (20) -per cent Total common (90) per cent Industrials (50) __ per cent Public utilities (20) percent "Railroads (20) per cent 50, 190 ! 37, 3c9 j 47, 895 7. 07 8. 06 9.04 6.60 12. 70 I ! i ! | i \ 6. 45 : 2 7, 06 : 7.32 j 5.50 2 9. 79 i 51, 140 : 6. 40 7. 28 7.49 5.74 10. 07 , 6. 03 6. 51 6.83 5.11 9. 59 1 i i j ! 64,145 5. 61 5. 12 5. 35 3.89 i 8.29 ' New Security Issues Bond sales, Canada: Tocal . __ thous. of dolls 1 ">0 033 Corporation thous. of dolls 0 Dominion and provincial thous. of dolls 150 000 Municipal thous. of dolls 33 Railways thous of dolls 0 Bond sales (U. S.): : CorporationTotal---.thous. of doils.. 86,331 70,202 Class of industryIndustrial _ thous of dolls 19, 100 583 Land and buildings thous of dolls 5,785 5,784 Oil thous. of dolls.. 0 0 Public utilities thous. of dolls- 53,398 51,285 Railroads thous of dolls 0 12,550 Shipping and miscellaneous thous. of dolls,. 8, 048 , 0 Purpose of issueNew capital . thous. of dolls 66,984 50,123 Refunding thous of dolls 19,347 20,079 Type of security— Bonds and notesthous. of dolls-- 47,463 : 46,347 Stocks thous. of dolls 38,868 ! 23,855 Bond sales on N. Y. Stock Exchange: Miscellaneous thous. of dolls 276. 780 j 199, 228 Liberty— Treasury thous of dolls 61, 048 37, 389 Total thous of dolls 337,826 236,617 Foreign governments, excl. Canada thous of dolls 0 0 Foreign loans in the United States thous. of dolls 0 2 8, 000 States and municipalities: Permanent loans thous of dolls 40, 165 2 54, 619 Temporary loans thous. of dolls.- 79, 151 : « 74, 625 52,543 58, 764 5. 66 5. 50 5. 73 4.26 6.58 5.77 5.62 5. 79 4.37 7.05 j 436 400 62, 240 666, 840 5,085 9,660 57, 994 3,975 44, 958 17, 054 39,834 ! 109,864 19,300 i 2,685 46, 839 12, 355 ' 0 1 523 0 5,000 1,450 0 33, 650 850, 141 13, 505 7, 039 0 0 25,764 28, 254 0 8, 057 18, 097 1,750 8,000 ! 35,444 12, 534 1, 735 0 ! 70,000 7,714 2,520 24, 250 176,264 ! 51,997 155, 934 252,918 187, 644 15,439 6,350 1 923 150 ' { i 7,133 683 51 073 ! 240 * 0 • °86 j 0 0 ! 833 i 50 000 ? j 17,891 2, 160 \ 1 1 > ' 4, 550 | 9, 197 9,626 67,009 2,650 0 ! 0 400 2,000 | 42,080 i 27,456 0 | 60,000 12,295 i 4, 105 i 2, 625 0 2,044 1,226 580, 706 2, 925 69, 173 21, 889 6,405 8,021 0 i 1,500 64, 266 ! 324, 108 12,000 1 175,004 30, 002 0 116,778 14, 250 82, 400 800 35, 568 11, 600 2,900 4,725 74,251 1 399,848 13,975 | 180,858 180, 872 6,772 61,460 26,766 535,404 45,302 114, 135 73, 509 219, 615 252, 585 221, 256 215. 661 238, 298 174,535 i 247,308 8,284 15, 167 14, 431 12, 127 8,723 19,911 ! 16,809 227, 899 267, 752 235, 687 227, 788 247, 021 194,446 ; 264^117 250, 707 US, 055 265, 762 46,197 5,800 115, 070 40,864 ' 14,285 '• 163,399 3,608 | 12,865 39,835 12,162 153, 814 247, 034 5,884 2,120 290, 822 | 267, 323 i 191, 035 56, 157 | 38, 493 i 8, 675 346,979 1 305,816 ! 199,710 88, 226 98, 932 4,850 3,813 10, 415 1,651 7,577 3,765 0 5,000 2,000 4,940 2,053 136, 800 220, 416 210, 025 305, 661 101, 393 0 16, 113 22,500 8,000 200, 018 17,391 ! 156,381 500 19,883 ; 250, 599 456, 878 401, 229 131, 343 189, 360 267, 471 269, 030 121, 575 81, 230 189, 207 132, 199 190, 065 354, 969 391, 758 60, 525 101, 709 9,471 i 0 0 0 0 0 0 0 0 | 0 ! 23, 802 0 1,900 38,800 89, 184 44, 303 13, 791 » 18, 293 '* 119, 392 50, 122 > 104, 129 75, 618 91, 522 85, 327 45, 602 120, 336 30, 892 169, 094 24, 772 2,630 0 0 8,707 i 95,657 22, 377 111, 386 279, 443 119,589 ! 49,977 196, 598 84,979 238,436 81,697 97, 703 76, 531 0 > Revised. U. S. G O V E R N M E N T P R I N T I N G OFFICE: 1981 CHIEF FUNCTIONS OF THE DEPARTMENT OF COMMERCE R. P. LAMONT, Secretary of Commerce JULIUS KLEIN, Assistant Secretary of Commerce CLARENCE M. YOUNG, Assistant Secretary of Commeree EPHRAIM F. MOBGAN, Solicitor Aeronautics Branch Bureau of Navigation CLARENCE M. YOUNG, Assistant Secretary of Commerce for Aeronautics ARTHUR J. TYREB, Commissioner Establishment of civil airways and maintenance of aids to Superintendence of commercial marine and merchant seamen. air navigation; inspection of air lines; inspection and registration Supervision of registering, enrolling, licensing, numbering, of aircraft and licensing of airmen; enforcement of air traffic etc., of vessels under the United States flag, and the annual rules; investigation of accidents; rating air ports; fostering of publication of a list of such vessels. air commerce; scientific research in aeronautics; and dissemiEnforcement of the navigation, load-line, and steamboat innation of information relating to commercial aeronautics. spection laws, including imposition of fees, fines, tonnage taxes, (Some of these functions are performed by special divisions of etc. the Lighthouse Service, the Bureau of Standards, and the Coast Bureau of Standards and Geodetic Survey.) GEORGE K. BURGESS, Director Bureau of the Census Custody, development, and construction Tofjstandards of measurement, quality, performance, or practice; comparison of WILLIAM M. STEUART, Director standards used by scientific or other institutions; determination Taking the decennial census of the United States, covering in 1930, population, unemployment, agriculture, irrigation, drain- of physical constants and properties of materials; researches age, manufactures, distribution, and mines. Taking a census and tests on materials and processes; and publication of scientific and technical bulletins reporting results of researches and of religious bodies every 10 years; censuses of agriculture and electrical public utilities every 5 years; and a census of manu- fundamental and technical data. Facilitates use of specifications by agencies spending tax factures every 2 years. moneys, Federal, State, and municipal; compiles for these Compilation of statistics of wealth, public debt and taxation, including financial statistics of local governments, every 10 agencies lists of producers willing to supply commodities guaranyears; annual compilation of financial statistics of State and teed to meet their specification requirements. Collection and dissemination of information concerning municipal governments. building and plumbing codes, city planning and zoning, and Compilation annually of statistics of marriage, divorce, births, deaths, and penaKand other institutions, and weekly, of death the financing and construction of houses. Assistance to manufacturers, distributors, and consumers in rates in cities and automobile accidents. Compilation quarterly or monthly of statistics on cotton, the preparation of simplified practice recommendations reducing wool, leather, and other industries; annually of forest products. unnecessary variety and sizes, and of commercial standards establishing satisfactory acceptance criteria of commodities. Bureau of Fisheries Coast and Geodetic Survey HENRY O'MALLEY, Commissioner RAYMOND S. PATTON, Director The propagation and distribution of food fish and shellfish, in order to prevent the depletion of the fisheries; investigations to Survey of the coasts of the United States and publication of promote conservation of fishery resources; the development of charts for the navigation of the adjacent waters, including commercial fisheries and agriculture; study of fishery methods; Alaska, the Philippine Islands, Hawaii, Porto Rico, the Virgin improvements in merchandising and collection of fishery Islands, and the Canal Zone; interior control surveys; magstatistics; administration of Alaska fisheries and fur seals; and netic surveys; tide and current observations; and seismological the protection of sponges off the coast of Florida; enforcement investigations. of the law regulating the interstate transportation of largePublication of results through charts, coast pilots, tide tables, mouth and smallmouth black bass. current tables, airway maps, and special publications. Bureau of Foreign and Domestic Commerce Lighthouse Service FREDERICK M. FEIKER, Director GEORGE R. PUTNAM, Commissioner The extension to American commerce and industry of definite aids for the promotion of foreign trade, and the organized analysis and solution of problems of domestic trade. The maintenance of commodity divisions equipped to furnish information concerning domestic or foreign business in principal products, and of technical divisions supplying information on various aspects of foreign trade, including foreign commercial laws, financial conditions, customs duties, constructive activities, economic conditions, and the names of possible buyers and agents for American goods abroad. The carrying out, in cooperation with representative domestic business organizations, of factfinding studies in the fields of business planning, market research, and the costs of distribution; providing information which will assist American business firms to establish more efficient merchandising methods and to eliminate many of the wastes in domestic distribution. Compilation and publication of statistics on the trade of the United States with foreign countries. The dissemination of results in the Survey of Current Business, the weekly Commerce Reports, the Commerce Yearbook, Statistical Abstract, and other printed and mimeographed bulletins, and in confidential circulars. Establishment and maintenance of lighthouses, lightships, buoys, and other aids to water navigation, and the improvement of these aids. Establishment and maintenance of aids to navigation along civil airways. Publication of^.Light Lists, and Notices to Mariners, giving information regarding these aids to navigation. Bureau of Mines SCOTT TURNER, Director Technical investigations in the mining, preparation and utilization of minerals, including the study of mine hazards and safety methods, the health of miners, and improved methods in the production and use of minerals. Economic studies relating to uses, reserves, production, distribution, stocks, consumption, prices, and marketing of mineral commodities and primary products thereof. Testing of Government fuels and management of the Government fuel yard at Washington. Research on helium and operation of plants producing it. Radio Division W. D. TERRELL, Director Inspection of radio stations on ships; inspection of radio stations on shore, including broadcasting stations; licensing radio operators; assigning station call letters; enforcing the terms of the International Radiotelegraphic Convention; and examining and settling international radio accounts. Steamboat Inspection Service DICKERSON N. HOOVER, Supervising Inspector General The inspection of merchant vessels, including boilers, hulls, and life-saving equipment, licensing of officers of yessels, certification of able seamen and lifeboat men, and the investigation of violations of steamboat-inspection laws. United States Patent Office THOMAS E. ROBERTSON, Commissioner The granting of patents and the registration of trade-marks, prints, and labels, after technical examination and judicial proceedings. Maintenance of library with public search room, containing copies of foreign and United States patents and trade-marks. Recording bills of sale, assignments, etc., relating to patents, and trade-marks. Furnishing copies of records pertaining to patents. Publication of the weekly Official Gazette, showing the patents and trade-marks issued. Beginning with fundamentals—area and population Ending with industrial and construction activities Statistical A b s t r a c t of the UNITED STATES annually classifies, compiles, and compares detailed figures for practically every important commercial, economic, and social enterprise in America. STATISTICAL ABSTRACT OF THE UNITED STATES AREA AND POPULATION 1931 EDUCATION POSTAL AND COMMUNICATION SERVICES ELECTRIC AND OTHER POWER PUBLIC LANDS AND PARKS TRANSPORTATION FOREIGN COMMERCE IRRIGATION AND DRAINAGE ARMY, NAVY AND CIVIL SERVICE AGRICULTURE FISHERIES FINANCE MONEY AND BANKING MINING AND PRODUCTS PRICES MANUFACTURES FORESTS AND FOREST PRODUCTS 53d annual edition—840 pages, buckram bound As in previous years the STATISTICAL ABSTRACT will be one of the indispensable sources and reference books for business and financial men, editors, economists, and students, Its statistics in detail and its comparisons make it of decided value to seekers of facts as well as students of factors and trends. Price $1.25 For sale by the Superintendent of Documents United States Government Printing Office Washington, D. C. or any district office of the United States Department of Commerce FULLY INDEXED U. S. G O V E R N M E N T P R I N T I N G OFFICE: 1932