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JANUARY, 1932

SURVEY
OF

CURRENT BUSINESS

UNITED STATES
DEPARTMENT OF COMMERCE
BUREAU OF FOREIGN AND DOMESTIC COMMERCE




WASHINGTON
VOLUME 12

NUMBER 1




Looking

a

h
to business

What is ahead?
What demand will there be for your products this year? What price will you
pay for raw materials? Will the results of your operations be written in black
or in red ink?
A score of questions ; many answers. The correct reply will be made only after
consistent, insistent, persistent research, covering not only your own specific
industry but also related undertakings and general economic conditions.
The correct reply will be individual. Your prediction will differ from that of
Jones, the textile man, or Brown, the steel man. It may differ decidedly from
that of your closest competitor. It may differ even though you use the same
foundation data— the SURVEY OF CURRENT BUSINESS, for example.
Therein lies Progress. Independence of thought — after studying the facts of
production, distribution, employment, finance, from all angles and all points of
prejudice! Independence of action—such as discards old products, creates
new industries! Financial independence!

V o l u m e 12

JANUARY, 1932

Number 1

W E E K L Y D A T A T H R O U G H D E C E M B E R 26, 1931
MONTHLY DATA THROUGH N O V 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
__
Finance..
__
__
1931 in comparison
Commodity prices
..___
Employment..
.
Domestic trade
.
Foreign trade
Transportation
Construction
_
Agriculture....
Iron and steel industry
_
_
Chemical industries
_
Automobile and rubber industries
Textile industry
__.
Food industries
Forest products industry.
New and revised series
Weekly business statistics
Monthly business statistics (Index)

.

_

_

_
„
.
_

_

_

_

2
3
4
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22

Subscription price of the SUBVBY OF CURRENT BUSINESS is $1.50 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, $2.50; single copies (monthlyissues),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
93114—32——1




SURVEY OF CURRENT BUSINESS

January, 1932

Monthly Business Indicators
1923-1925=100

INDUSTRIAL PRODUCTION

160

INDUSTRIAL PRODUCTION
180

140

140

TOTAL (ADJUSTED)

{^MANUFACTURES (ADJUSTED)*
^^ "^MINERALS (ADJUSTED)*

100

100

60

FACTORY EMPLOYMENT

FACTORY PAYROLLS

140

130

TOTAL FREIGHT CAR LOADINGS
130

CAR LOADINGS L.C.L.

120

r UNADJUSTED
\DJUSTED*

100

•yri I 1 I I I I I I | I i I I I I I I I I I I I I I I I I I I I I I I I I 1 I I I I I I I I I I I I

60 LL

DEPARTMENT STORE SALES

WHOLESALE PRICES

120

220
160
140
100

60 Lm
VALUE OF EXPORTS

VALUE OF IMPORTS

150

I50|

100

50

50

ZOO

BANK DEBITS OUTSIDE NEW YORK CITY

BUILDING CONTRACTS AWARDED

200

150

\r\/

100
50

1927

1926

1929

1930

1931

* ADJUSTMENT FOR NUMBER OF WORKING DAYS AND SEASONAL VARIATION




1927

1926

1929

1930

1931

SURVEY OF CURRENT BUSINESS

January, 1932

Business Situation Summarized

D

EVELOPMENTS in the general business situation were mixed in November and while the
trend continued downward, there were a number
of exceptions in individual industries and the rate
of recession was less marked than for the past several
months. December is normally a dull month and
recent weeks have brought some additional reduction
in productive activity. Retail trade has continued to
expand and, in so far as department stores are concerned, the November increase was of about the usual
seasonal proportions. Industrial production has receded somewhat further following the trend maintained
since the culmination of the spring rise, but the output
of manufacturing industries alone was as high as in
October. Mineral production was lower, with particularly large reductions in the output of iron ore and
coal, offset partially by an increase in the petroleum
output. Among the manufacturing industries the
seasonally adjusted indexes for iron and steel, automobiles, and tobacco manufacturing were higher, while
the indexes for the leather and food products industries
remained unchanged. The decline in the general
index as compared with a year ago was 14 per cent,
somewhat less than the drop in the preceding month
as well as for the cumulative decline to date of over 15
per cent. Building activities have slumped further
and the fall in the final quarter of 1931 was pronounced.

Employment in the retail trade group has continued
the seasonal expansion which began in September, but
employment decreased in all other groups, excepting
rubber products, in November. After adjustment for
seasonal factors, the indexes for the automotive and
food product industries advanced. Factory employment and pay rolls continued downward.
Movement of traffic on the railroads declined in
November, although the drop was of only slightly more
than seasonal proportions. Total loadings for the
month were 19 per cent below last year and the cumulative total for the 11 months was nearly one-fifth
below the same period of 1930. Loadings of 1. c. 1.
merchandise were off by the usual seasonal amount,
and to date such loadings have averaged less than 10
per cent below a year ago. The drop in foreign trade
in November was of greater than seasonal proportion;
exports were lower by the usual seasonal amount, but
the fall in imports was in excess of normal.
Financial conditions have improved somewhat since
October with a drop in bank failures and a return flow
of hoarded currency to the banks. Wholesale prices
were maintained at the October level and the general
index has varied less than 3 per cent since the rapid
decline was arrested in June.

__

May

June
July
August
September
„ __
October .
November
.
Monthly average January
through November:
1929
1930

108

110 i

99

103

102

106

104

125

84
82

83
80

92
94

81
80

75
74

86
74

84 !
84

94
86

92
92

113
165

82
86
87
89
89 1
84
83
79
76
73
73

81
85
87
89
89
84
83
79
76
71
71

90
88
87
92
86
85
84
79

81 J

78
78
78
78
78
76
75
74
73
70
69

68
73
75
74
72
68
64
64
62
59
56

74
74
75
77
79
77
78
76
78
78
70

82
80
80 !
80
79
77
76
72
69
69
68

83
87
89
91
92
89
87
86
88
87
85

90
89
89
88
89
89
88
86
85
83
83 !

79
80
92
101
97
90
65
67
87
93
97

115 I
100
85 i

101
88
75

109
89
67

107
93
76

120
97
82

1931




108

1

121
97
81

!
:
!
!
!

77 :
85 ;

Adjusted for seasonal variation.

102

105
97
88

103
96
86
2

Other than f a r m
products and foods

Farm products

Monthly average
1926=100

Monthly average 1923-1925=100

1929: November
1930:
November »
Decomber
1931:
January.
February
March*
April.
»

Wholesale prices
Combined index, 550
commodities

Bank

Imports

Exports

Adjusted »

Unadjusted *

Adjusted i

Adjusted i

Unadjusted *

Merchandise, 1. c. 1.

Total

Building contracts, all types, !
value, adjusted
!j

Foreign
trade,
value

debits outside
York City

Department
store sales,
value

Freight car loadings

Unadjusted *

Amount of pay rolls,
unadjusted

Number of employees, adjusted *

Minerals, adjusted l

Year and month

Manufactures,
Justed i

Total, adjusted i

ad-

emIndustrial produc- Factory
ployment
tion
and pay rolls

New

MONTHLY BUSINESS INDEXES

108
98 !
94
97
98
97
106
97
95
91
88
84
86
85

!
!
!
!

116

105

144.4 j

103

94.4

101.1

91.7

76
72

63
65

99.8 i
117.2 |

76
73

80.4
78.4

79.3
75.2

80.1
79.0

66
59
62
57
54
49
48
43
48
54
51

57
54
65
58
56
55
54
52
53
52
46

110.0 ;
86.6
98.4 i
99.5
95.6
98.4 i
93.5
83.8
84.3
91.9
74.0

71
79
77
73
66
64
61
59
59
55
49

77.0
75.5
74.5
73.3
71.3
70.0
70.0
70.2
69.1
68.4
68.3

73.5
70.1
70.6
70.1
67.1
65.4
64.9
63.5
60.5
58.8
58.7

77.8
77.1
75. &
71. 2
73.2
71. 9
71.8
72.3
72.0
71.4
71.8

115
85
54

115
80
55

118
92
65

96.8
87.1
71.6

105.0
89.7
65.7

92.8
85.6
73. 6

140.7
117.2
92.4

Adjusted for number of working days.

SURVEY OF CURRENT BUSINESS

January, 1932

Finance—Credit and Banking
HE general banking and credit statistics of NoT
vember reflected a steady easing of a situation
which had been featured during part of the previous
month by heavy gold withdrawals and by firming
money rates. Money in circulation assumed only
seasonal proportions in contrast with the heav}^ withdrawals of currency during October. Bank failures
assumed much smaller proportions than in the immediately preceding months.
Liquidation of bank credit continued throughout
November and the first half of December but at a
somewhat less marked rate than during October.
Loans on securities by reporting member banks expanded temporarily after the middle of November,
owing apparently to the withdrawal of the outstanding
nonbankers' loans from the call market. On the
whole, however, loans on securities declined steadily
throughout the month and continued during the first
half of December. Loans other than those on securities also followed a downward course. Liquidation of
investments was somewhat greater than that of loans.
Federal reserve bank credit declined during November but tended upward again during December. The
latter was due largely to seasonal currency needs and to
Treasury operations which added a Treasury overdraft
of nearly $200,000,000 to the reserve bank portfolio
over the middle-of-the-month financing period. Bills

discounted by the reserve banks remained practically
unchanged during November but rose sharply after
the middle of December when the payment of the
Treasury overdraft reduced the Government security
holdings of the system.
Money in circulation increased at a relatively slow
rate during November but seasonal needs raised the
total to a new high record of $5,733,000,000 during the
third week of December. In addition to an evidence
of a decline in hoarding the month's gold movements
reflected an increasing degree of confidence in the
general credit situation. Since the heavy outflow of
October the metal has been flowing back and a large
proportion has been released from earmark. "Window-dressing" operations by foreign banks for the
year end have led to renewed exports on a small
scale and to some additional earmarking during December but the nature of these movements suggests
that they will be only temporary. A large part of the
increase in our gold holdings was due to heavy shipments by Japan which amounted to $76,000,000 in
November and continued unabated until the country's suspension of gold payments on December 14.
Current statistics on savings banks deposits show
no important changes. Postal savings deposits continued to increase during November but at a slightly
reduced rate.

CREDIT AND BANKING STATISTICS
i

Bank debits

1!

R e p o r t i n g member i
banks Wednesday !
closest to end of
month

i

Year and
month

| OutNew ; side
York ! New
City i York
City

Canada

Lo

£ns

AH

!

In-

|

i

i

i
! Total
bankers' acceptances
Total
outTntai
MemTntal
M.Ul€tl
t|Hl«
ber
TnitPri Total
i standi ~*»
bought fsfatef
reserve bank | ing
end of
55}*!? 1 credlt
bank reserve
i: countacopen
month
ea_
M
market tifU
;
count ;
Condition of Federal reserve banks,
end of month

i

Net

gold
imDe- Postal
ports
savings,
in- Money posits
New balance
cluding in
York
gold circu- State credit
relation savings of deleased
banks positors
from
earmark
Thousands of
dollars

MILLIONS OF DOLLARS
1929: November.
1930:
November. _.
December-, .
1931:
January...-.
February
March
April .......
May
June
July
August
September...
October
November..




53,604

28,486

4,177

7,889

9,809 j

5,655

1,030

256

326

1,677

2,458

1,658

-22.2

4,845

4,333

163, 671

j

22,490 ; 19,685
29,001 1 23,113

2,974
3,012

7,768
7,814

8,766
8,449 !

6,800
6,693

275
251

175
364

599
729

1,079
1,373

2,373
2,471 j

1,571
1,556

33.1
17.5

4,528
4,823

4,666
4,792

200, 668
245, 379

24,557
20.948
27,689
26,821
25,072
25,893
21,007
17.501
20,073
20,678
14,464

2,668
2,535
2,570
2,786
3,172
2,694
2,400
2,244
2,451
2,587

7,379
7,313
7,256
7,052
6,867
6,746
6,544
6,519
6,346
5,897
5,807

8,374
6,843
8, 151
7, 183
8, 126
7, 551
7,941
7,903
7,863
7,807
7,945
7,795
7,942 7,810
7,879
7,665
7,845
7,916
7,624 ! 7,700
7,543
7,506

232
198
250
157
174
149
195
255
328
728
718

125
109
124
163
125
106
73
215
469
681
453

610
599
599
598
598
668
678
728
742
727
717

980
925
990
937
917
943
976
1,255
1,578
2,184
1,931

2,398 1
2,343
2,428
2,371
2,389
2,381
2,367
2,373
2,364
2,167
2,051

1, 520
1,520
1,467
1,422
1,413
1,368
1,228
1,090
996
1,040
1,002

46.3
18.6
28.6
42.0
53.6
156.1
—10.2
41.5
-258. 5
-445. 3
115.0

4,695
4,598
4,590
4, 647
4,679
4,750
4,836
4,947
5,133
5,478
5,518

4,888
4,628
5,018
5,059
5,083
5,156
5,149
5,173
5,231
5,217
5,213

278, 353
292, 059
302, 658
313, 775
325, 028
347, 417
372, 457
414, 986
460,915
527, 130
555, 560

!
i
i
i
!
i
i
!
!

21,697
17,084
19,421
19,620
18,858
19,408
18,444
16,526
16,627
18,125
14,605

SUEVEY OF CURRENT BUSINESS

January, 1932

Finance—Security and Money Rates
A CTIVITY in the security markets during November
-^*- was less marked than during October. Stock prices
rose for several days early in November and then receded slowly throughout the rest of the month. The
share turnover was comparatively light with sales on
most days remaining within 1,500,000 shares. The
decline in quotations continued during the first half of
December. By the beginning of that month many
issues had reached their October lows, particularly
railroad securities.
Bond prices showed rather wide movements during
November. On the whole prices were downward and
have continued this trend during December. At times
United States Government issues showed evidences of
weakness but on the whole held up better than the general list. After the middle of November second grade
rail issues were particularly weak. During the period
under review the market has, however, been a thin
one.
Reflecting foreign conditions generally the prices on
foreign exchanges moved irregularly. The rise in the
November index of British stock prices was no doubt
due to the depreciation of the pound sterling the full
effects of which have had time to make themselves felt.
The Berlin Bourse remained closed.
New security issues continued on a low level. November offerings were small although above the Octo-

ber figure. The first railroad issue since September
and several public utility issues accounted for the rise.
There was no indication of a revival of foreign flotations. The situation has been the same during the
first half of December.
For November as a whole money rates showed little
change. Bill rates early in the month tended downward owing to a demand which became keen late in the
month when funds previously used by nonbankers in
the call loan market were released. Late in the month
rates tightened again when banks offered more bills to
the market. The month's investment demand was reflected in the general absence of offerings to the Federal
reserve banks. Commercial paper rates showed slight
reductions toward the middle of the month while call
rates showed little change during the whole period
under review.
Brokers' loans declined steadily during November
and the first half of December. The total reported by
the New York City member banks stood at $611,000,000
by the third week of December and represented the
smallest figure since early in 1918 and a decline of 91
per cent since the first week of October, 1929. The
extent of brokers' loan liquidation since November,
1929, is indicated by a drop from 6.32 to 2,35 per cent
in the ratio of these loans to the market value of all
listed shares.

SECURITY AND MONEY MARKET STATISTICS
Price indices of foreign listed common stock

Year and month

ReStock ported
sales
prices of
stocks

Commonstock
yields

Thou- Per
Rel. to sands
1926 sharesol cent
1929: November
193C:
November
December
1931:
January
February
March .
April

May

June
July

London

Range of open market money rates
New York

Made
byreTotal
ReLong- dividend
porting ported
term
New
j Bond capital
and
memby
the Rareal
i yields issues estate interest
Comber
New
Call
tio
paymonTime
merbanks
York
to
bonds
Paris Berlin
ments ey re- loans cial
in
Stock mar*
paper N.Y.C., Exnewal
ket
Wed. change, value
closest end of
to
I month
end of I
ii
month

Price
Rel. to Rela- to
par
Dec. 31, tive to weight1913
1923
ed

Per
cent

4.54

117. 91

489

135.2

116.7
109 4

51, 946
58 764

5.43
5 62

92 16
89 94

305
378

103.4 !
97 0 i

112.3
119 8
121.6
. .
109.2
98 0
95 1
.
98. 2
_. . 95. 5
81. 7
69. 7
71.7

52. 543
64 145
65.494
54,335
46 661
58 719
33, 640
24, 890
61, 140
47, 895
37,369

5.50
5 12
4 95
5.43
5 95
5 96
5,66
6.74
6.51

86 39
83 92
80 70
81.02
77 63
70 33
76.42
72.40
66 90
70 14
76. 64

349
90.5
365
84.7
373
101.2
362
96 6
346
322
80 6
83.7
329
309 Closed.
304
62.0

151. 1 72. 455

August
September
October.

November


7 58
7.07

Brokers' loans

5>fi9 Closed
249 Closed.

I

4.70

186. 793

7,820

4.46
4 55

137, 622
180 872

9,965
29 877

4.43
4 44
4 41
4.43
4 43
4 45
4.44
4.50
4 70
5 16
5.19

399, 848
74 251
269 030
267, 471
169 360
131 343
116, 070
46, 197
156 381
17 391
50,123

4,520
3,590
2,015
7,235
9 485
3 425

775

2,100
66, 785
9 125
2,619

553, 450

5%-6H

Per
cent

5.44

4H-6

3, 450

4. 017

6.32

2.00
2 23

2 -2l/i 2^-3
2 -% 2^-3

2.111
1,926

2,162
1.894

4.06
3.86

1.57
1.50
1.55

l*i~2V£ 2?4-3
J8^_2
2 -21^
2^9
154-2V4 2i/ 2V£
ji^_2
2 -2%

1,734

1,720
1,840
1,909
1, 651
1,435
1, 391
1,344
1.3S4
1,044
796

3.30
3.22
3.58
3.40
3.37
2.93
3.03
3.04
3.23
2.33
2.35

1

595.028 !
719 527
1 121,434
523 807
594,282
748, 873
659 624
762 077
945, 976
489, 858
532 840
747 157
557, 742

Millions of
dollars

Per cent

Thousands of dollars

.52
45
.50
.60
.50
.50
2.10
2.50

\%-\%

ji/_ji/

1^-1^9

1^-2
2^-4
3 -4

2

2
2
2
2 -4H

,798
,875
, 730
, 539
.479
,390
1, 366
1,172

869
720

730

SUKVEY OF CURRENT BUSINESS

6




January. 1932

1931 in Comparison
Y////////////A
BANK DEBITS

OUTSIDE NEW YORK

50

0

150

100

CITY —
EDO

REMAINDER OF YEAR

(MILLIONS or DOLLARS)
300

Z50

350

IQ3I
1930

1929
1926
1927
CONSTRUCTION CONTRACTS AWARDED (dlLLIONS OF DOLLARS)

p
1931 mm

2

3

4-

5

7

6

mm am

^HBj

!Q30

mn
™

IQ29

1928
1927

STEEL IN60T PRODUCTION (MILLIONS OF TONS)
0

193!
1930

30

20

10

40

pp-JL

£

1929

50

60

70

J926

1927
AUTOMOBILE
0

1000

mm*

1931
1930

2000

PRODUCTION (THOUSANDS OF CARS)
3000
4000
50OO

ma

S929

1926
1927
FREIGHT
0

193
1930
1929
1926
1927

iO

CAR
20

LOADINGS
30

(MILLIONS OF CARS)
40

50

SURVEY OF CURRENT BUSINESS

January, 1932

Commodity Prices
/COMMODITY prices were relatively steady from
^^ October to November, 1931, a weighted average index of wholesale, of retail foods, and of farm
prices showing no change during that period as compared with a decline of 1 per cent from September to
October. Farm prices rose sharply from October 15
to November 15.
Advances of 15.8 per cent in prices of grains, of 8.4
per cent in prices of petroleum products, of 21.1 per
cent in prices of cattle feed, and of 1.4 per cent or less
in prices of chemicals, paint materials, mixed fertilizers, paper and pulp, and bituminous coal about offset
price declines in several groups of commodities, and
as a result the combined index of wholesale commodity
prices averaged about the same in November as in
October. The greatest declines occurred in prices of
butter and rubber, about 6 per cent each. Prices of
meats declined 4.8 per cent and prices of livestock and
poultry, cotton goods, hides and skins, and farm products other than grains and livestock, fell from 1.7
to 2.4 per cent. Other price declines were less than
1 per cent. Of the 550 commodities or price series
included in the combined index of wholesale commodity

prices, 280 showed no change from October to
November.
Retail prices of foods were 2 per cent lower on November 15 than on October 15, 1931, a decline about
equal to that from October to November, 1930.
Prices of 31 of the 42 articles on which quotations
are regularly received were lower; the greatest drops
occured in prices of pork chops, 15 per cent, and in prices
of butter, potatoes, sliced bacon, and cabbage, 6 per
cent each.
Farm prices rose 4 per cent from October 15 to
November 15, despite a decline during a corresponding period in each of the past four years. This was the
greatest advance in any one month since May, 1928,
and the first rise of any sort in eight months. Rises of
3 per cent occurred in prices of dairy and poultry
products, of 19 per cent in prices of cotton and cottonseed, and of 24 per cent in prices of grains. Declines
occurred in prices of fruits and vegetables and meat
animals of 2.9 per cent and 3.8 per cent, respectively. Wheat prices on November 15 were 40 per
cent higher than on the corresponding date of the
preceding month.

INDEXES OF COMMODITY PRICES
Retail

Wholesale i

"tl

^3
* Z,

*!
il

42
§
•d

~£

Year and month

is!
§85
u

WJ

I

1

I!a
sii
if
Oa

&

|
•M

M

33

Saw
&
§
l
g

1

S

1

13

1
T3

a
«

•ss

fe

1

S

fc4

•O

•ea
A

g

II
06

3

M

ft

1

I

M

ajg

1

4?

M

Q

M

1

|

3
1
•w

1
3

5

S

iits

a
A
OD

«
3

a j£
** «
S o
<*«§!
4)
«
3
O

BJ

S
a
i

v

i

I

Si
•M

3

a
/

A

•3
£

1929: November
1930:
November .„
.- December.
.
1931:
January .
.
February..
.
March
_ _
April
May
June .
... - . _
July
August
September ._
October .. ...
November
Monthlyaverage, January through
November:
1929
1930
1931




CO

«%

bf)
£

!E
<M

05

"O

I

e

1
w

Mo. Mo.
aver- average
age
1913= 1923=
100
100

Monthlyaverage, 1926=100

Farm'

!l
18i§
S
Q

Mo.
average
1909
to
1914=
100

94.4

101.1

98.8

91.7

108.4

91.5

81.7

102.3

96.0

94.0

97.1

80.1

94.8

95.6

94.2

160

100.9

136

80.4
78.4

79.3
75.2

85.7
81.8

80.1
79.0

94.0
91.2

73.3
72.4

71.8
70.5

90.2
90.0

85.6
84.4

85.2
84.8

95.2
91.3

67.8
66.9

76.8
74.2

75.6
74.3

83.7
81.9

141
137

93.9
92.6

103
97

77.0
75.5
74.5
73.3
71.3
70.0
70.0
70.2
69.1
68.4
68.3

73.5
70.1
70.6
70.1
67.1
65.4
64.9
63.5
60.5
58.8
58.7

80.1
T7.1
76.7
75.6
72.9
72.4
73.1
73.7
72.9
72.6
70.9

77.8
77.1
75.6
74.2
73.2
71.9
71.8
72.3
72.0
71.4
71.8

88.6
86.6
87.4
87.3
87.3
87.8
89.2
88.5
84.8
82.2
81.3

71.0
70.4
69.2
67.6
66.3
65.4
65.4
64.2
62.9
61.5
60.7

69.8
69.6
64.5
61.6
60.9
58.1
58.2
62.3
63.3
63.4
65.0

89.3
88.9
89.0
88.7
87.8
87.4
87.5
87.1
87.2
86.5
86.2

82.9
81.8
81.9
80.9
78.4
77.5
75.8
75.4
74.9
74.3
74.0

83.6
82.2
81.9
80.1
79.1
77.9
77.3
75.5
74.8
74.1
74.7

91.1
90.8
90.8
90.8
89.2
88.6
88.0
87.5
84.7
83.2
83.1

64.7
63.9
64.7
63.9
62.8
61.8
61.0
58.5
58.4
59.0
59.7

72.9
70.6
69.4
68.3
66.5
64.7
64.3
64.1
62.7
61.5
62.0

73.4
72.3
72.2
71.1
68.9
68.5
69.5
68.3
66.3
64.7
61.4

80.5
79.3
78.4
77.1
75.1
74.0
74.0
74.6
74.0
73.7
73.2

133
127
126
124
121
118
119
120
119
119
117

91.1
89.6
89.1
88.2
86.9
85.9
85.9
85.9
85.6
84.9

94
90
91
91
86
80
79
75
72
68
71

96.8
87.1
71.6

105.0
89.7
65.7

99.9
91.0
74.4

92.8
85.6
73.6

109.3
100.8
86.5

94.1
81.5
65.9

81.5
76.6
63.3

104.6
95.7
87.8

97.2
90.8
78.0

94.5
89.0
78.3

96.8
96.1
88.0

80.5
74.1
61.7

97.6
85.4
66.1

96.7
83.1
69.1

96.5
89.0
75.8

157
148
132

100.0
96.5

138
119

3 National Industrial Conference Board.

8

8

SURVEY OF CURRENT BUSINESS

January, 1932

Employment
'TpHE decline in factory employment, which has been
A continuous since the slight upturn of last spring,
was extended still further during|Novemher, according to the seasonally adjusted index of the Federal
Reserve Board. November employment was about 1.4
per cent under the October figure, and about 15 per
cent under November of the year previous. The value
of wage payments to factory workers^ declined 5.4 per
cent from the October figure, and was about 25 per
C€k,nt under November, 1930. Employment in the mining industry decreased in all branches, except petroleum refining and silver mining, after seasonal adjustments are made.
Factory employment during the first 11 months of
the year averaged about 15 per cent under the same
period in 1930 and 26 per cent under 1929. The volume
of pay rolls during the first 11 months averaged about
25 per cent under 1930 and 38 per cent under 1929.
The rubber products industry was the only group
reporting an increase in number of employees during
November as compared with October. Normally a
decrease in employment takes place in this industry
during November, so that the adjusted employment
index for the month increased 4.2 per cent. Employment in the nonferrous group was the same as during
October, whereas a slight increase usually takes place

during November. The food products and automobile
groups witnessed decreased employment of less than
the usual seasonal proportions. With the exception of
these four groups, however, all of the industrial groups
reported a decrease in employment during November
of more than normal seasonal proportions.
The mountain geographic division reported increased
employment and earnings during the month, the remaining 8 divisions showing decreases in both items
from October to November. For the country as a
whole 64 manufacturing industries reported an average
of 87 per cent of full-time operation.
The decrease in pay-roll totals of 5.4 per cent, which
is more pronounced than the decrease in ernploj^ment,
is accounted for to some extent by the general observance of Armistice Day and election day in certain
localities during the November period.
Increased employment and pay-roll totals were reported in. the retail trade group in continuation of the
seasonal expansion which began in September. Number of employees in retail stores, however, was 7.6 per
cent- under November last year. Two additional
groups, electric railroads, and power, light, and water
plants reported slight gains in pay-roll totals over
the month previous coupled with small decreases in
employment.

STATISTICS OF EMPLOYMENT, PAY ROLLS AND WAGES
Factory emBituminous
ployment
F.R.B. coiil mining
F. B. B.
factory

Anthracite
mining

Power, light, 1 Telephone
and telegraph
and water

pay

Tear and month

rolls,
unadAd- Unad- justed
justed i justed

Employment

p_ v

Em-

& i±K

Monthly average,
1923-1925=100
1929: November
1930:
November
December
1931:
January
February
March
April.
May
June
July
August
September
October
November ._
Monthly average, January through November:
1929 . _..
1930
1931
1




Em-

ployment

| Em-

Ployrolls I1 ment

Em-

Pay ployrolls i ment

Number

Monthly average, 1929-100

Per cent
Cents
of total
members per hour

100.5 |

104.7

104.1

101.2

106. 7

105.2

153

88.0

40

98.0
100.0

103.4
103.2

103.7 !
106.3

93.0
91.6

97.9 i
101.3

98.4
116.1

96.8
97.7

227
218

78.0
77.0

38
37

73.3
68.3
65.2
58.6
54.4
52.4
50.4
50.6
53.6
56.2
54.6

90.6 89.3
89.5 101.9
82.0 71.3
85.2 75.2
80.3 76.1
76.1 66.7
65.1 53.7
67.3 56.4
80.0 64.9
86.8 91.1
83.8 79.9

99.2
97.8
96.7
97.1
97.6
97.2
96.7
95.9
94.7
92.7
91.3

98.6
99.7
102.4 i
97.6
98.7
98.3
97.4
98.2
94.3
93.2
93.3

90.5
89.2
88.6
88.1
87.4
86. 9
86.6
85.9
85.0
84.1
83.5

96.3
94.8 j
97.9
95.0
94.1
95.0
93.3
92.3
92.1
91.6
89.7 i

90.0
87.1
87.8
90.1
89.9
89.1
83.9
81.8
86.6
89.8'
90.9

89.4
86.7
87.5
88.3
88.0
87.6
83.3
80.3
83.5
84.6
85.4

224
202
179
177
181
205
209
217
196
221

73.0
73.0
74.0
75.0
75.0
75.0
74.0
74.0
74.0
74.0
73.0

36
36
37
35
37
37
36
36
34
35
34

99.3
81.6
58.0

99.4
92.9
80.6

99.8
103.0
96.1

99.5 !
104.2 !
97.2

99.9
98.4
86.9

99.7 !
103.0 !
93.8

97.6
94.1
87.9

98.1
95.1
85.9

135
187

88.5
78.9
74.0

39
39
36

101.0 106.0

99.3

98.9

102.5 i

81.1
80.1

81.0
78.8

75.1
73.7

92.5
92.5

79.1
77.7

97.2
99.1

78.3
77.8
77.9
78.0
77.8
76.0
75.1
74.1
72.8
70.3
G9.3

76.4
77.3
78.1
77.9
77.1
75.0
73.8
74.2
74.7
71.4
68.7

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

101.7
88.6
75.0

108.5
88.7
66.9

99.9
93.5
83.4

Adjusted for seasonal variation.

Pay

rolls

Employ- Employ- Wages,
comment
ment,
mon
agencies, trade- labor
in
appli- i union
road
per mem- buildPay cants
100
Jobs
i
bers
ing
rolls

Retail trade

104.0

96.6
94.9
75.1

101. 9

SUKVEY OF CURRENT BUSINESS

January, 1932

Domestic Trade
trade continues well below a year ago
DOMESTIC
in volume, but the seasonal increase in retail

Freight-car loadings, one of the most comprehensive
indexes of domestic trade, declined in November and
the fall upturn in these loadings was not very pronounced. The significant index of merchandise 1. c. 1.
loadings was lower by approximately the usual seasonal
amount, and the adjusted index was unchanged from
the preceding month. November 1. c. 1. loadings were
9.6 per cent below November, 1930, or approximately
the same as the cumulative decline for the elapsed
11 months. Postal receipts, following the October
gain, fell back to the lowest level since midsummer.
Commercial failures decreased in November follow,
ing the large increase in the preceding month and,
while the liabilities were also reduced, they remain
exceptionally high. Compared with November, 1930,
both the number of failures and the liabilities involved
were greater. The improvement scored in November
was not maintained during the first three weeks of
December which brought a sharp increase in the average weekly failures.
Magazine and newspaper advertising declined in
November, following the seasonal increase in October.
To date magazine advertising has been 22 per cent
below the corresponding period of 1930, while newspaper advertising was off 10 per cent. Expenditures
for radio advertising have increased steadily during
1931 and for the year to date have been one-third
above a year ago.

sales started in August has continued into December.
The expansion in retail sales in November was only
slightly less than the usual gain, judging by the department store statistics. Sales through these outlets were
15 per cent lower in dollar volume than in the same
month of 1930, and the cumulative decline for the 11
months as compared with a year ago was 11 per cent.
St. Louis reported the best relative record during
November, with the greatest declines, averaging around
20 per cent, in the Philadelphia, Atlanta, Kansas City,
and Dallas districts. Stocks of merchandise in department stores, which after seasonal adjustment, varied
only slightly in the several months prior to November,
advanced 8.7 per cent last month. However, current
stocks are about 6 per cent less than a year ago.
Sales through the leading chain store and mailorder houses have continued relatively high, after allowance for price changes, and such sales were less than 6
per cent below a year ago in dollar volume during the
first 11 months. For the two leading mail-order
houses alone dollar sales in November dropped back
to the September level and for the 11 months were 14
per cent less than in the same period of 1930. Sales of
the 5 and 10 chains decreased by more than the usual
seasonal amount in November, and the adjusted index
declined for the fourth successive month.

DOMESTIC TRADE STATISTICS
Department
store sales
Unad- Adjust- justed^
ed*

Year and month

Five-arid -ten
Freight car
Department loadings,
cent-store
store stocks chandise,merl.&l.
sales
Unad- Adjust- justed'
ed'

Unad- Adjust- justed
ed*

Unad- Adjust- justed
ed'

Monthly average, 1923-1925=100

1929: November ., .
1930:
November...
December
1931:
January
_
February
March
April
May
Juiae
July

..

AUgUSt

September
October
November
Monthly average, January through
November:
1929
1930
1931

1




2

Advertising
lineage

Money
order
value,]
Fail- Liabil- Maga- News- paidj
ures
ities
zine paper

Thousands of
dollars

Thou- MilThouNum- Thousands lions of sands
ber ofsands
dolls. of lines lines ofdolls.

125

108

115

102

106

104

174

166

73, 697

32, 723

1,796 52, 046

3,063

108

97,825

113
165

98
94

104
85

92
91

94
86

92
92

160
300

159
154

55, 713
72, 486 i

28, 379
38, 572

2,031

55, 261
83,683

2,463
2,230

89
82

79, 934
91, 923

79
80
92
101
97
90
65
*7
87
93
97

97
98
97
106
97
95
91
88
84
86
85

78
81
87
85
85
80
75
76
84
88
98

88
86
84
83
83
82
81
79
81
80
87

83
87
89
91
92
89
87
86
88
87
85

90
89
89
88
89
89
88
86
85
83
8*

125
127
144
160
156
148
140
143
142
169
148

162
163
159
168
168
162
149
160
156
152
147

41, 459 !
39, 422

29, 172
26, 405
30, 178
29, 257
27, 844 I
26, 442

1, 585
1,992
2,203
2,421
2,375
2,191
1,613
1,316
1,603
1,911
1,882

76
78, 273
72 1 70,935
90
81, 747
89
90,646
88
81, 956
79,311
80
67
76, 365
67 | 71, 622
77
74,679
88
82

37, 799
53, 145
59,645

2,709
2, 454
1,917

103
96
86

Corrected to average daily sales.

93114—32

Commercial
failures

Postal
Mail- i receipts,
order i 50 sesales, 2
lected
bouses
cities

100
95
83

105
97
88
2

150
147
146

Adjusted for seasonal variation.

52, 280 i

28, 618

25,355

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 40, 256
2,362 70, 660
2,195 00,660

58, 633 i
53, 656 !
46, 159

31, 582
29, 833
27, 052

1,897
2,166
2,321

43,008

52, 078
50, 070 i
49, 480

45,093
43. 004

45,955
45,898
1

2,525

24,578

23, 389

26,335

3,316

» End of month figures.

102
89
80

90,009
83,908

10

SURVEY OF CURRENT BUSINESS

January, 1932

Foreign Trade
T TNITED STATES exports during November de^ clined approximately 6 per cent in value from
those in October and imports about 11 per cent.
Although the decrease in exports was the usual seasonal amount the decline in imports was much larger
than normal with the result that the value in November
reached the lowest point yet recorded during the current depression. The so-called "favorable balance"
in November was $43,000,000.
Gold exports, after reaching the huge total of $398,000,000 in October, declined to $5,000,000 in November.
Gold imports which during the last three years have
ranged from 7 to 65 million dollars a month totaled
$94,000,000 in November and there was a net import
of $89,000,000 as a result. Approximately 80 per cent
of the gold imports were from Japan.
Declines from the value of October exports of
fruits and preparations, machinery, and automobile
parts and accessories amounting to 28, 22, and 35 per
cent, respectively, accounted for much of the decrease
in the total value of exports in November. Export of
automobile parts and accessories which have declined
continuously since March, 1931, amounted to 5.5
million dollars in November as compared with an average of 30.5 million in the same month of the years 1925
to 1929. Cotton exports which are normally smaller

in November than in October increased about 10 per
cent in value. As compared with November, 1930,
shipments of wheat were nearly three times as large,
exports of unmanufactured cotton and canned fruits
substantially greater and exports of oranges, gasoline,
and unmanufactured tobacco moderately larger. Leading import commodities which arrived in greater quantities in November than October were crude rubber,
cocoa, coffee, raw silk, and cotton cloth.
On the basis of statistics available to date, the year's
exports will amount to about $2,425,000,000 while
imports will total approximately $2,100,000,000.
These dollar figures show declines of 37 and 31 per cent,
respectively, in comparison with 1930 and of slightly
more than 50 per cent each as compared with the record
year of 1929. Drastic declines in commodity prices
were responsible for a large part of the decrease in
total values; raw cotton exports fell off only 1 per cent
in quantity while the value showed a drop of 38 per
cent; copper exports declined 19 per cent in quantity as
against 44 per cent in value. In spite of the extremely
unsettled conditions affecting international commerce
American exporters were able during 1931 to sell
greater quantities of a substantial number of the commodities produced and manufactured in the United
States than was possible in 1930.

EXPORTS AND IMPORTS
1

Exports of United States merchandise
Ex-

Year and month

ports,
including
reexports i

Crude
materials

General imports

Finished manufactures

Foodstuffs

!

!

! SemiAuto- |
moFruits manWheat Meats and ufacMaRaw
Total cot- Total and and prep- tures Total chinery
ton
flour fats arations
acces- i
sories !
!

Total

SI isr

i

i

Crude Foodmaterials stuffs

Semi-

Fin»*•*

•*"" SSt

Millions of dollars
442.3 144.8 106.9
1929: November
1930:
October
326.9 104.8
64.8
90.9
November
289.0
59.3
274.9
47.2
December
76.7
1931:
58.6 31.2
January
._ . 249.6
224.3
February
25 4
47.7
Mareh.,. .
235.9
56.5 36.0
April
215.1
40.0 22.9
36.5
May.
204.0
18 9
June
29.1
187.1
13.5
July..
28.3 13.5
180.7
9.9
25 5
August
164.8
180.2
44.4
23.5
September
October
204.9
63.6 39.8
68.0 43.6
November _•_
193.0
Cumulative, January through
November:
1929...
4, 814. 4 1,016.4 680.3
1930
3, 568. 3 752 3 449.5
1931..
2, 239. 6 498.4 278.3

66.3

19.2

17.9

14.7

51.8

172.6

47.3

25.5

17.7

338.5

121.4

69.3

66.2

81.6

47.2
45.6
40.5

11.3
7.8
6.3

9.8
11.0
9.8

17.1
17.5
15.1

38.0
33.1
33.9

132.7
115.8
119.7

30.8
33.2
36.1

14.5
14.1
15.3

21.8
12.4
13.7

247.4
203.6
208.6

77 5
59.2
69.1

56.0
48.3
52.3

45 6
38.3
38.1

68.3
57.7
49.2

35.5
29.5
33.0
28.2
29.4
28.7
32.3
28 1
28.4
39.3
34.6

4.9
3.2
3.9
5.7
7.4
8.8
11.6
7.0
6.7
8.8
8.5

12.2
10 6
10.1
8.5
7.8
7.1
6.8
6,4
6.3
7.1
6.0

10.7
8.9
10.7
6.4
6.5
5.7
7.6
8.0
9.2
16.2
11.6

34.5
27.5
31.4
30.6
29.9
24.5
28.0
23.9
21.4
21.2
20.8

117.1
116.1
110.3
111.1
103.5
97.7
88.3
84 1
83.2
77.3
66.9

37.7
44.0
29.4
31.1
26.6
28. 3
22.7
20.4
24.7
20.2
15.7

14.4
16.1
18.5
18.0
14.2
12.8
11.5
10.7
8.7
8.5
5.5

13.8
10.6
8.4
10.7
12.5
7.2
9.0
8.8
7.2
7.2
8.3

183.1
174.9
210.2
185.7
179.7
173.5
174.5
166.7
170.4
168.7
149.7

59.4
56.4
64.0
54.7
54 7
52.4
50.0
47 7
52.9
52.4
47.9

42.1
46.1
56.6
51.9
49.6
47.2
47.1
45.4
35 1
36.8
33.0

36.9
31.5
39.8
33.4
30 4
29.8
30.0
28 3
30.3
29.0
27.6

44.8
41 2
49.2
45.7
45 5
44.2
47.5
45 3
52 0
50 5
41.3

695.2
500.7
346.9

176.5
151.2
76.6

187.1
143.7
88.9

124.0
94.6
101.6

674.6 2, 350. 4
479.0 1, 779. 2
397.1 1, 054. 9

559.5
481.9
300.6

513.6
262. 1
138.8

241.5 4, 089. 6 1, 443. 0
236.9 i 2, 852. 3 933. 1
103.4 1, 937. 0
592.5

896.5
641 3
490.6

827.2
570 0
346.8

922.8
707 9
507.3

Reexports of foreign merchandise during November, 1931, were $3,162,006.



11

SURVEY OF CURRENT BUSINESS

January, 1932

Transportation
of railroad freight during November
M OVEMENT
declined slightly more than the usual seasonal

A decrease in the movement of freight was naturally
reflected in an increased number of idle freight cars.
The daily average number of surplus cars for the last
8 days of November was the highest reported for the
year and was 14 per cent over the average for the
same period in November, 1930. The peak in the
number of surplus freight cars in the present depression
was recorded in December, 1930, with 707,000 cars,
which was 7 per cent over the November, 1931, surplus.
Dividend payments of railroads during November
totaled $32,450,000, compared with $38,500,000 in
November, 1930, and $40,000,000 in November, 1929.
Payments of dividends by railroads during the first 11
months of the year were almost 11 per cent under the
same period in 1930.
The seasonal decrease in inland waterway traffic
which has been under way since August extended
through November, but the tonnage passing through
the Sault Ste. Marie Canal during that month was
only about 59 per cent of that reported for November,
1930. Government owned barges operating on the Mississippi River carried a cargo tonnage during November slightly over that reported for November, 1930.

amount, according to the adjusted index of freight-car
loadings published by the Federal Reserve Board.
Average daily loadings during November were about
19 per cent under November, 1930, and 33 per cent
under November, 1929. The adjusted index of weekly
loadings rose 12 per cent during the week ending December 5, but dropped back almost 4 per cent during
the week ending December 12.
Average weekly merchandise loadings in less-thanearload lots decreased by about the normal seasonal
amount so that the adjusted index was about the
same as for October. Merchandise loadings during
November, however, were about 10 per cent under
November, 1930, and 20 per cent under 1929. The
average monthly loadings of merchandise for the
first 11 months of the year were less than 10 per cent
under the same period in 1930 and 16 per cent under
1929. All commodity groups witnessed a decrease in
loadings with respect to October, after corrections are
made for number of weeks in the two months, the
greatest drop being reported by the ore group.

Monthly
average,
1923-1925=100
1929: November..
1930:
November
December
1931:
January
February
March
April
May
June
July
August
September
October
November. ..
Monthly average,
January through
November:
1929
1930
1931

1

Thous. of
dollars

Thousands of cars »

Canal and river traffic
Canals

Sault New
York
Ste.
Marie State

River

r

y*pe
Cod

Mississippi
(Govt.
owned
barges)

Ocean traffic clearances, American ports

Panama Canal traffic,
A m erica n
vessels,
both directions

1
w

Dividend payments,
steam railways

b

O

aej

Miscellaneous

H

"O

Ore

Ad- Unadjusted justed
0)
0) |

a?

-I
fl
«£.

Forest products

Year and
month

•c

Livestock

F.R.B. index

Merchandise,
1. c. 1.

Freight-car loadings

Freight-car surplus

RAIL AND WATER TRAFFIC

Thous. of Thous. of
long tons net tons

Thousands of short tons

102

102

3, 818

1,005

154

123

785

216

100

1,435

341

40, 000

6,952

333

196

103

1,271

2, 982

84
84

86
74

3,191
2,784

892
820

146
143

107
94

667
638

136
121

57
22

1,186
946

580
707

38, 500
39,000

5,130
312

390
0

225
225

83
108

1,009
953

2,501
1,991

82
80
80
80
79
77
76
72
69
69
68

74
74
75
77
79
77
78
76
78
78
70

3,491
2,836
2,940
2,986
3,736
2,991
2,931
3,747
2,908
3,813
3,620

997
842
886
899
1,097
876
880
1,069
841
1,081
806

196
165
153
151
180
140
220
228
149
193
145

124
88
79
85
106
75
71
106
96
145
104

817
584
555
486
611
465
452
617
516
755
507

156
138
138
130
165
125
106
138
104
123
87

26
22
23
29
80
119
139
175
121
102
25

1,175
997
1,105
1,206
1,496
1,192
1,113
1,413
1,081
1,415
946

647
651
622
603
616
599
564
574
564
535
659

55,600
44, 900
45,500
38, 100
32, 500
34, 000
41, 500
33, 500
26, 500
36, 000
32,450

0
0
0
922
4, 335
6,645
7,611
8, 385
7,126
6, 248
3,049

o

0
0
349
457
385
506
425
587
505

234
166
163
203
217
203
211
186
198
221
210

76
70
83
82
100
86
104
104
107
105
86

958
864
910
929
937
828
820
859
884
930
676

1,843
1,695
1,773
2,092
2,525
2,241
2,742
2,734
2,478
2, 420
2, 296

106
93
76

107
94
76

4,499
3,918
3,182

1,118
1,035
929

203
193
174

120
108
98

811
707
579

279
204
128

204
149
78

1,763
1,521
1,194

216
445
603

39, 073
42, 845
38, 232

8, 376
6,599
4,029

262
328

180
207
201

111
95
91

1,239
1,114
872

2,712
2,723
2, 258

Daily average basis.




' Data for January, May, August, and October are for 5 weeks; other months, 4 weeks.

12

SURVEY OF CURRENT BUSINESS

January, 1932

Construction
activity during November as measured
BUILDING
by the number of square feet and the value of con-

in value than in the previous month, while during the
elapsed months of 1931 there has been a decrease of
16 per cent in volume and 25 per cent in value as
compared with the same period of 1930. The value
of contracts let for public works and utilities declined
42 per cent below the October total. The expenditure
for this class of construction was 38 per cent less than
in November, 1930, and 28 per cent less in the 11
months of 1931 than in the same period of 1930.
A much greater than seasonal decline occurred in
the production of cement which fell 24 per cent below
that in October, while maple flooring shipments declined 8 per cent, and those of oak flooring dropped
24 per cent. Bookings of fabricated structural steel
were 21 per cent less than in October.
The index of construction costs (constructed from
the prices of structural steel shapes, cement, lumber,
and the rates paid common labor) showed a slight
decline of only 0.3 per cent. Building-material prices
for frame houses increased 1.3 per cent and those for
brick houses, 0.6 per cent. Bond issues to finance new
construction continue small.

tracts awarded was seasonally and sharply lower than
in the previous month and at the lowest point in many
years. Construction of residential building which had
shown a firmer tone in October also reached the lowest
point in a number of years in November. The value
of contracts awarded for public works and utilities likewise was extremely small. Operations in the building
material industries were further curtailed, and the
index of construction costs declined slightly. Building
material prices which increased slightly in October
again advanced fractionally in November.
The total volume of all types of construction contracts awarded declined 33 per cent from October,
1931, and 38 per cent from November, 1930, while the
decreases in values were 38 per cent and 41 per cent,
respectively. Over the January-November period of
1931 there has been a decline of 27 per cent in square
footage and 30 per cent in value in comparison with the
11 months of 1930. November residential awards
were 28 per cent less in volume, and 25 per cent less

BUILDING MATERIALS, CONSTRUCTION, AND REAL ESTATE
Building contracts awarded

I

Year and month

j
i

Maple Oak
floor- flooring
ing
Residential
building

1931:

January
February^
March
April
May
June..
JulyAugust
September.._
October
November.
Monthly average, January through November:
1929
193t
1931




1

Long-term
real-estate
bonds

Building
material
prices

Construction
cost,
Eng.
NewsRec.

!

i

P. E. B.
index (3
mouths
moving
All types of
average construction
of values
unadjusted)

Public works
and utilities
Shipments

Monthly MilMilThou- MilMil
Mil- lions
average lions of lions
of l&of'^ lions
of
of square
1923S( a re
square dollars
dollars £e t dollars
feet
1925=100 feet
929: November
930:
November
December

Building materials

Fabricated
Ce- strucment tural
steel Frame Brick
house house

Production

estate

ket acTo fitivitynance
deeds
record- Total new
coned

struction

mT

New
orders

j

ThouThousands of Thou- sands
of month, monthsands of shortof First
feet, board
barrels tons i ly average 1913 =100
measure

Monthly average
1926=
100

Thousands oi;
dollars

94

51. 1

391

21.4

113. 5

581

80.3

3 748 23 378 1 14.053

212

178

182

208 5

80.6
80 6

7 R90
7,820

1 910

68
59

33.1
29.1

254 j
249

18.8
14. 7

80. 8
70. 9

468
697

76.4
78.6 i

2,554
1.811

15, 844
17. 152

11,098
8,480

151
153

165
168

172
174

198.5
196.9

9,965
64.6
68.9 ! 29.877
29,877

1
1,595
630

58
68
77
82
78
74
68
63
59
52
44

24.6
28.3 i
38.0 !
39.4 I
38.9 I
35.0 i
33.8 i
30.6 I
30.1 i
30.7 i
80.5 !

228
235
370 |
337 i
308
332
286
233
251
242
151

12.2
16.6
22.1
22.6
21.9
16.9
15.9
14.1
13.0
15.2
11.0

54.4
77.9
100.9
95.9
88.9
72.7
63.9
60.2
54.6
60.5
45.3

393
246
522
785
387
2,367
1,233
737
353
171
371

95.2 !
78.6 !
151.7 |
133.0
108.9 !
154.5 I
116.3
73.0
85.1
82.5
47.4

2,351
2,676
3,017
3,226
3,315
3,778
3,447
3,397
3,144
2,703
2,481

18,365 6,595
21,713 5,920
26,243 8,245
28,155 11,245
27, 745 14,010
23,131 14,118
25,691 13,899
21, 464 13, 549
19, 486 12, 092
18, 203 10, 762
13,907 8,161

162
158
184
293
153
177
159
124
197
110
87

163
165
163
157
160
158
155
156
154
156
158

170
171
170
167
167
166
164
163
161
162
163

194.5
196.6
194. 5 i
191.6 i
189.3 1
187. 4
174.4
171.4 I
171.4
169.8
169.3 I.

66.0
4,520
66.7
3,590
61.7 > 2,015
7,235
62.0
9,485
61.3
58.4
3,425
775
61.1
59.8
2,100
60.5 66, 785
63.2
9,125
2,619

2,
2 850
1
1,500
1,000
1
1,700
0
1
1,000
600
565
395
500
725

120
95
66

I
67.9
43.8 .
31.8

494
389
270

33.6
19.6
16.5

163.8
93.7
70.5

953
1,237
679

126.7 '
143.0 ;
102.4 i

6,009 38,324
3,763 j 25,697
3,049 i 22,191

300
231
164

177
173
159

182
178
166

206.8
203.4
182.7

84.7
70.7

29,616
12, 836
10. 152

11,753
11
5,0,57
5
985

14,453
13,857 i
10,781 i

13

SURVEY OF CUERENT BUSINESS

January, 1932

Agriculture
ORLD shipments of wheat were substantially
Wcurtailed
during the latter part of November
and early December. This follows the usual trend,
induced b}^ the preparation for the heavy movement
following the harvesting of the new crop in the Southern Hemisphere. Shipments from Russia also were
lower but North American exports had a marked
increase.
A decline, that spread to all classes of wheat and
occurred at all the principal markets, took place in
November, when wheat prices in the United States
lost approximately half the gains of the preceding
month. Little change was recorded in the general
price level during the first week of December, but on
December 9 there was a further sharp recession. The
Department of Agriculture reported for the week
ended December 4, the weighted average of all classes
and grades at six markets as 61.7 cents per bushel compared with 71.7 cents for the week ended November
13 and 52.7 cents for the week ended October 2.
Receipts of corn at primary markets were low during
November and early December, which in the light of a
large crop indicates the reluctance of farmers to sell
at current prices. The rise in the cash price of corn
which took place in October continued through the
early part of November, but in the last two weeks of
the latter month a lafge portion of the gains was lost.

Domestic stocks of most United States types of
tobacco are considerably larger than is usual at this
time of the year. There has been a reduction of
consumption and curtailment of buying powrer in
several centers where American grown tobacco is used.
In addition to a reduced domestic consumption, indicated by retarded sales of revenue stamps, movements
of leaf tobacco into export trade have been appreciably
smaller in the last four months than recorded for the
same season in previous years.
The domestic wool market encountered increased
sales during the latter half of November, following the
settlement of labor difficulties in the New England
worsted industry. Price declines which have been in
force since September were halted and quotations on
the Boston market remained practically unchanged
during the month ended December 5, The Australian
market continued its strength of the preceding month
but exchange rate difficulties have curtailed transactions in the Union of South Africa and South American centers.
Exports of domestic cotton during November were
18 per cent above the same month in 1930, due largely
to increased shipments to the Orient. November
domestic consumption declined 7 per cent below October, but the total of 429,000 running bales was 3 per
cent above November of last year.

INDEXES OF AGRICULTURAL MARKETING AND STOCKS
Indexes of marketing
Animal products
Year and month

Com.

bined
index

Wool

MJ2:
stouc

Indexes of stocks, end of
month

Crops

Poultry Dairy
and eggs products

Fish

i
! Combined
index

Grains

Vegetables

Fruits

1 Wheat,
visible Meats, Cotton,
Cotton ! supply, coldUnited
United storage States
States

Monthly average, 1923-1925=100
j

1929: November
1930:
November
December
1931:
January
February
March
April
Mav .. .
June
July
August.
.
September ._ .
October
November
Monthly average, January through November:
1929
...
1930
1931




95.2^

62.6

96.4

127.8

80.7

153.9

143.3

69.4

90.7

93.0

234.2

326.7

76.1

198. 6

88, 5
97.8

34 5
57.1

88.0
93.9

121.6
137.8

77.8
92.7

146.2
98.9

148.8
105. 8

72.3
79.8

89.6
79.4

109.0
67.1

240.6
144.9

344.8
333.3

62.3
76.9

264. &
266.8

94. 7
85. 5
94.0
101. 2
106.7
118.0
105.2
94. 3
91.5
96.6
93.2

25. 3
50. 8
61.9
78. 2
197.1
405.4
573,2
259. 6
125.1
49.5
48.5

96.2
79.8
79.6
82.6
80.2
77.9
72.6
82.5
88. 3
104.2
95.5

95.0
94.0
121.8
137.0
125. 6
115.6
88.6
88.0
88.4
75.4
104.4

96.4
91.3
102.9
113.1
130.9
156.6
123.6
96.3
90.5
92.6
87.1

103.4
116.2
169.4
174.3
138.5
144.5
161.2
189.3
160.1
140.5

m.i

74.3
66.8
64.4
53.1
62.0
55.2
103.0
83.9
119.3
219.2
122.6

81.0
84.6
80.0
63.9
69.0
68.6
182.9
130.0
79.8
84.0
66.2

98.0
91.1
104.3
93.3
135.6
165.8
103.4
64.1
103.2
131.9
79.1

70.2
68.1
75.1
70.6
102.2
88.8
139.3
154.6
129.2
191.1
96.8

64.0
45.1
38.6
29.8
28.3 !
9.1 |
22.6 1
29.2 !
152.1 i
366.7
189.5 |

335.8
343.7
352.7
339.8
336.4
324,7
370.4
413.5
407.7
393.4
391.9

100.1
114,0
111.8
114.8
110.8
105.8
98.7
83.3
66.6
52.8
54.3

254. 2
235. 8
216. 4
196. 9
179.5
162.3
146. 8
140.1
188.1
281. 0
322. 8

134. 7
163.5
170.2

88.2
86.0
85.4

102.5
102. 5
103.1

108.0
103.7
107.4

181.8
188.5
147.1

109.2
100.3
83.1

103.9
95.2
90.0

120.4
114.5
106.3

112.8
102.4
107.8

110.4
101.0
88.6 i

250.5
282.8
384.5

113. 0
90.1
92.1

119.3
164. 5
211. a

'
99.7
98.4
98.3

14

SURVEY OF CURRENT BUSINESS

January, 1932

Iron and Steel Industry
in the iron arid steel industry in
OPERATIONS
November were marked by a contraseasonal up-

Steel ingot production increased for the second consecutive month, while the daily average output
advanced 8 per cent, the first gain since spring. Operations during the month at 30 per cent of capacity compares with 28 per cent in the two months immediately
preceding, but the November rise in production represented only a temporary condition as the average
operating rate so far in December dropped to 25 per
cent. The decline in unfilled tonnage of the United
States Steel Corporation, which reduced the total to
the lowest since 1910, was not only in contrast to the
usual seasonal increase, but the rate of decline was the
largest since August.
The recession in iron and steel exports was halted
in November, although the actual increase was small.
Iron and steel imports have been about the same for
the past four months. Prices continue under pressure, and the composite iron and steel price has recently
fallen to $30.28 per ton, compared with the December,
1930, average of $31.76. Finished steel prices were
maintained in November, but weakness has developed
in numerous finished articles during the current month.
Scrap prices have again receded in December following
the temporary halt in the decline last month.

turn in steel ingot production, largely as a result of an
increase in the output of the relatively small item of
Bessemer steel. The gain, however, was made at the
expense of the tonnage of unfilled orders. The
adjusted production index of the Federal Reserve
Board advanced 7 per cent above the October level,
the first gain since last March, and for the elapsed 11
months of 1931 the index averaged 37 per cent below
a year ago. Employment and pay-roll totals for the
month did not reflect the increased activity in the industry as both indexes continued to decline. The adjusted
index of employment was 1.4 per cent below October
and 19 per cent below a year ago, while pay rolls were
down 6.2 per cent and 40 per cent, respectively, for
the same months.
Pig-iron production was smaller than in October,
and the daily average output, which has been successively lower each month since April, fell 2 per cent
during the month. Furnaces in blast at the end of
November numbered 67 with a daily capacity of 35,810
long tons, compared with 107 furnaces with a capacity
of 60,205 tons in blast at the end of November, 1930.

IRON AND STEEL STATISTICS
;

Year and
month

i

|

Fabricated !
General operations
Steel ingots structural n
steel
j
steel
n united
States
- i
Steel
Pigiron
CorpoRate of
proi
operaration,
EmPer
Pay
duc- Pro- cent
F. E. B. tions,
New Ship- unfilled
ploy- rolls
Ex- Im- tion ducorders
index
electric ment
of
ca- or- oients
end of
unadports
ports
energy
(adad- justed
tion pac- ders
i
month
justed) i con- justed'
ity
sump-

Mangaim ports
(Manganese
content)

tion

Thousands of long tous
1

1

100

123.2

97.4

65
59

106.5
110.2

80.2
79.1

64
73
78
75
72
64
59
51
46
43
46

103.4
116.5
119.4
JOS. 1
106.8
86.6
83.1
78.0
78.3
76.3
77.0

77.5
75.9
76.6
76.5
74.8
72.6
72.1
70.3
67.4
66.2
05.3

134
97
61

i
i
i

Adjusted for seasonal variation.




Thousands
of short
tons

^^j.

Iron and Structural
steel
compos- steel
ite
beams

Composite
finished

steel

44 j: 3, 181

3,521 !

69

212

264

68.9 I
66. 7

112
102

35 1,867
24 ' 1,666

2,212
1.980

44
38

151
153

195
168

62.4
67.5
70.0
69. 1
64.9
57.6
52.4
50.6
45.2
43.9
41.2

93
91
110
101
91
76
84
73
70
59
60

34 1,714 2,459
22 1,707 2,502
33 2, 032 2r 994
41 2,020 2.722
30 1, 994 2, 505
31 1,639 2,076
28 1,463 1,886
22 i 1,281 1,719
25 1,169 i 1,548
23 1,173 1,592
33 !*103 1,594
:
j

.'
i
'
i!
'

99.3 . 107. 1 i
86.0 i
87.8
56.8 !
72.3
i

256 !
171 i
S3 [

Thousands of long
tous

Don, paring t o n !

™£&™

::

242

100. 0

1

152.0 ::
125.1
94.0

j
Steel
billets,
Bessemer
(Pittsburgh)

i

Monthly average, 1923-1925=100

1929: November..
1930:
i
November — !
December
!
1931:
Jaauary..
'
February
March
April
May
June . _ . 1
July
i
August..
September
October _. . !
November...'
M o n t h l y aver- j
age, January i
through No- i
vember:
1929 _ i
1930
1931
!

Prices

)!

162
43
49 ! 158
54 i 184
49 !!

293

45

153
177
159
124
197
110

38 i
34
31
28
28
30

;

!

87

:

172 !
166 !
151 !

158 ;

148
162
182
169
150
146
112

i
!
i
1
!
j
!

4,125

24

35.00

36. 04

1. 90

2.50

3,640
3,944

10
29

31.00
30.60

31.95 !
31. 76

1.60
1. 60

2.20
2.19

4, 132
3, 965
3,995
3,898
3, 620
3,479
3,405
3. 169
3, 145
3,119
2,934

17
10
2
33
21
37
38
22
27
21
9

30.00
30.00
30.00
30.00
29.50
29.00
29.00
29.00
29.00
29.00
29.00

31. 70
31.65
31.66
31. 61
31.39
31.02
31.05
31.05
31. 03
30. 81
30. 61

1. 63
1.65
1.65
1.65
1.65
1.65
1.65
1.60
1. 60
1. 60
1. 60

2.22
2.22
2.23
2.22
2.21
2,19
2.20
2.19
2.20
2. 18
2.13

4, 138
4,004
3,533

28
23
22

34. 66
31.95
29.41

36. 53
33. 72
31.23

1. 92 i
1. 72
1.63

2. 54
2. 33
2.20

;

1

i

48 3.586 4.674 I
37 ' 2.703 3,391 j
28 1.572 2.145
!

92 :
06
39

!

300
231
164

278 i
256 !
156

SURVEY OF CURRENT BUSINESS

January, 1932

15

Chemical Industries
ACTIVITY in the chemical industries was further
-^"^ curtailed in November. According to the index
of the Federal Reserve Board, employment receded 3
per cent when adjusted for seasonal movements. The
unadjusted pay-roll index declined 5 per cent. The
average pay rolls for the first 11 months of the current
year are 19 per cent below the same period in 1930 and
employment has fallen 15 per cent for the same comparable periods. Compared with November, 1930, the
levels of pay rolls and employment have dropped 20 per
cent and 15 per cent, respectively, in a period of one
year.
Naval stores production was lower after the gain of
the preceding month, the rosin output falling 18 per
cent. Turpentine manufactured during November
was 10 per cent less than the October product and 46
per cent below November of 1930. By-product coke
output failed to maintain the gain which it made in
October and the November production was the lowest
of any month in the present year. The average
monthly product for the period from January through
November declined 28 per cent from the comparable
period in 1930.
Manufactured chemical stocks rose during November despite the curtailment in many lines of production. This increase is a continuation of the movement

of the two preceding months and has brought the stock
level close to the high point of the year. The increase
over the identical stocks of November, 1929 and 1930,
however, is only 4 per cent. Stocks of raw materials
declined 5 per cent in November and the supply now
on hand is 11 per cent below the same month in 1930.
Fertilizer consumption, which had increased for the
preceding two months contrary to the usual seasonal
demand, receded during November. Consumption in
November, 1930, was 8 per cent above the present year.
The average amount of fertilizer used in the first 11
months of the current year was 25 per cent below the
consumption in the same months of 1930. The average for 1930 remained at the 1929 level.
Imports of potash salts fell sharply in November and
reached the lowest total for the year. This is in line
with the usual seasonal movement but the recession
this year was more marked. Of the aggregate monthly
import of 18,872 long tons, muriate of potash was the
largest item and accounted for 8,128 tons. Crude sulphate received totaled 1,105 tons, kainite 403 tons, and
the remainder was distributed among the lesser salts.
Nitrate of soda imports declined 12 per cent from the
October total, bringing the average import for the first
11 months of the current year to a level approximately equal to that of the same months in 1930.

CHEMICALS

STATISTICS

General operations
Employment
F, R. B. Indexes
Year and month

Stocks

Ethyl
alcohol

Explosives

Pay Manu- a
Ad- Unad- rolls,
justed justed unad- tured teilals
™g:
justed goods

Rosin,
wood

Tur- Super- ByAr- Ferti- Potash Nitrate
pen- phos- prod- senic,
tine, phates uct refined lizer
salts of soda

wood

coke

Consumption

Imports

Thous.
Short of
short
tons
tons

Long tons

Production

i

Monthly average, 1923-1925=100

1929: November .
1930:
November
December
1931:
January
February
March . .
..
April
.
May
June
July
August
SeptemberOctober
November
Monthly average, January through
November:
1929
1930
1931 . . .




Thous.
of gals.

Thous.
of Ibs.

Barrels

Thous. of short
tons

113.4

113.8

115.6

124.2

129.2

20, 898

36, 134

40, 678

7,498

345

4,316

1,197

83 50,198

43,047

98.3
97.9

98.6
97.8

96.1
94.7

124.2
123.9

128.3
124.2

20,861
17, 770

30, 248
24, 024

38, 931
34, 332

6,584
6,200

303
336

3,114
3,055

1,508
1,439

72
74

19, 706
25,324

35, 474
35, 512

96.6
94.5
89.8
91.7
93.0
89.6
89.4
86.6
85.7
85.4
83.1

96.2
95.6
93.3
96.7
91.4
86.7
86.2
84.4
86.0
85.7
83.5

90.4
92.9
89.8
92.0
88.4
84.1
82.9
80.4
80.8
80.8
76.4

128.8
130.7
132.0
129.0
129.3
123. 3
119.2
117.4
120.4
127.0
139.6

107.7
103.2
96.5
91.5
88.4
87.9
86.7
85.3
99.5
120.7
114.1

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, 488
32, 332
33,544
35, 585
33, 593
34, 747
28,495
17, 074
25,058
26, 102
21, 440

4,757
5,634
5,740
6,344
5,996
5, 675
4,370
2,607
3,797
3,922
3,547

326
249
226
195
162
146
143
162
142
141

3,092
2,898
3,256
3,146
3,126
2,715
2,569
2,443
2,310
2,389
3, 376

1,570
1,409
1,506
964
1,044
1,024
997
1,238
1,252
1,180
1,136

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
13,873

45,890
68,421
120,164
67,008
34,006
29, 711
18,809
35, 367
48,590
33, 968
39,871

113.4
121.0
104.8
129.2
85.4 I 136. 1

109.3
108.7
98.3

17, 309
13, 582
13, 496

30, 500
32, 558

37, 537
39, 978
38, 405

6,945
7,014
4,763

300
333

4,476
3,831
3,747

915
1,041
1,310

493
493
368

66, 473
73,505
41,893

48',346

112.3
105.1
89.6

16

SURVEY OF CUERENT BUSINESS

January, 1932

Automobiles and Rubber
RODUCTION in the automobile industry was
Pfurther
curtailed during November carrying the
output totals to the lowest point of the year. The
normal seasonal movement is downward, but the
November decline in the current year is less marked
because of the extremely low output previously
recorded. An expected increase in activity has not
appeared and operations in the industry continue to
lag. Many price reductions have taken place in
manufacturing materials but production delay persists and specifications are held back while producers
endeavor to analyze the 1932 market. Passenger cars
absorbed the major portion of the loss and the total
product in this class was 17 per cent lower in November than in October. Truck production made a somewhat better showing and decreased only 9 per cent
between October and November of the current year.
New passenger car registrations during November
were estimated by R. L. Polk & Co. at 76,000 to 78,000
whereas the 5-year average is 157,000. This is based
upon complete returns from 34 States covering approximately 60 per cent of the United States. Sales totals
for November were placed at 26 per cent below October
and 16 per cent below November, 1930.

Price stability has been maintained in the tire industry throughout the year. The first marked change
occurred early in December when price reductions of
5 to 19 per cent were instituted in all lines. During
the preceding 11-month period the costs of raw materials had been subtsantially reduced. Crude rubber
had declined approximately 40 per cent in price and
the 'first increase occurred during the week ended
December 19. Reports at that time of curtailment
negotiations between two large producing nations
caused a slight rise in the price level. The cost of
cotton fabric, which is next in importance to crude
rubber in tire-manufacturing materials, was reduced
about 25 per cent between January and December.
Imports of crude rubber into the United States have
been somewhat increased by lowered consumption and
depreciated currency in England and some of the
continental countries. If this diversion continues
further, the addition to present stocks may make it
difficult to maintain any price advance. World stocks
at the end of November registered a further increase
bringing the monthly average stock for January
through November to a point 27 per cent above the
same months in 1930.

AUTOMOBILE AND RUBBER
! Automobile

Automobile production

F.R.B.
index,
Total
adjusted

Tear and month

July

.

-.

August
September.
_.
October
November
Monthly average, January
through November:
1929
1930
1931




Automobile
financing

exports

Auto- 1
mobile
United States
Canada
acees- i
By
sories,
By
ship- whole- conassen
PasTotal P
- Trucks ments ! sale
sumsen- Taxi- Trucks p?o- j *««*"
dealers
ger
cabs
due- i j
ers
cars
i tlon j j
j

Monthly averages,
19231925=
100
1929: November
1930:
November
December
1931:
January
February
March.. _.
April
May
June__ - »

STATISTICS

Production

Domestic
shipments

Crude rubber

World

Im- stocks,
ports end of

month

,'

Janu- !
ary,
\
I 1925=100
:

Number

Thousands

Pneumatic
tires

Millions of
dollars

Thousands

Long tons

113

218

168

1,646

48,081

9,424

13, 933

83

45

95

2,703

2,500

43,901 300, 443

74
85

137
156

101
121

609
1,425

35, 613
33, 443

5,407
5,622

6,039
9,096

6,039 1
5,102 i

63 \
55 !

30
36

60
66

2,123
2,251

2,119
2,550

29,733 427, 427
37, 370 439, 728

63
68
67
77
78
65
60
52
40
26
34

172
220
276
337
317
251
218
187
141
80
69

138
180
231
286
271
210
184
155
109
58
48

512
529
410
665
340
360
180
104
141
651
999

33, 531
39, 521
45, 161
50, 022
45, 688
40, 244
34,317
31,772
31, 388
21, 727
19, 683

6,496
9,871
12, 993
17, 159
12, 738
6,835
4,220
4,544
2.646
1,440
1,347

8,304
9,187
11,526
11, 228
8,468
5,843
6,478
5,699
4, 577
3,207
1,828

4,534
4,187
6,002
5,499
4,498
4,340 I
3,518
2,356
4, 171
4,500 I
1,184

46 :
53 i
65
66

40
50
63
71
73
58
49
44
36
26
16

62
66
92
113
109
105
96
80
68
61
49

2,940
3,188
3,730
3,955
4,543
4,538
3,941
3,125
2,538
2,379

2,855
2,580
3,143
3,804
4,197
4.320
4,244
3,845
3,034
2,185

36, 598
34, 374
40, 788
44,908
35, 844
46, 939
44,052
39, 033
38,933
41, 398
45, 103

460, 479
471, 285
487, 716
487, 696
497, 707
496, 238
509, 139
511,754
519. 846
539, 907
558,345

476
291
206

407
241
170

1,464
683
445

67, 592
48, 891
35, 728

23, 436
13, 506
7,290

29, 601
13, 088
6,950

16, 895 i
7,256
4,072

86
71

60
57
48

140
103
82

4,776
3,502

4,612
3,480

47, 325
40, 741
40, 725

263, 164
392, 027
503, 647

I
i
!
1
1

136
83 i
57

11,886

i

ei

61
57
66
66
80

SURVEY OF CUERENT BUSINESS

January, 1932

17

Textile Industry
ACTIVITY in the textile industry in November,
-^^- 1931, was about the same as that in the preceding
month. The consumption of cotton per working day
was 17,785 running bales, 2.5 per cent more than in
October, 1931, and 3.3 per cent greater than in November, 1930; the change from October to November,
1931, was, however, 2.3 per cent less than the usual
seasonal increase. Cotton spindle activity averaged
85.8 per cent of capacity on a single shift basis, a rate
of activity slightly greater than in October, 1931, and
7.1 per cent more than that in November of last year.
Output of 23 groups of carded cotton fabrics, representing about one-half of the total cloth production, showed
further increase in November and totaled 57,861,000
yards per week, 1.9 per cent more than in October,
1931, when the weekly output was already the largest
in any month since June. November sales of these
cloths were considerably smaller than in October and
3.1 per cent less than production; stocks at the end of
the month were sufficient to fill slightly more than
three-quarters of the unfilled orders. Prices of cotton
goods, according to FairchildJs composite index, declined
4.3 per cent from October to November, to a level 26.6
per cent lower than in November, 1930, a drop during

the past year considerably greater than the 15 per cent
which has occurred in the general wholesale commodity
price level.
Wool receipts at Boston declined in November as was
usual at that season of the year, but they were about 11
per cent greater than in November, 1930. More significant, however, is the fact that receipts for the first
11 months of 1931 were about equal to those during the
corresponding period of the past 2 years. The price
of territory fine staple, scoured wool at Boston was
steady during November and averaged the same as in
October, 1931. Woolen spindles were run at a lower
percentage of capacity in November than in the preceding month. Worsted spindles were 4 per cent more
active. Sales of wool fabrics were reported to be
slightly smaller in November than in October.
November deliveries of raw silk to American mills
were about 10 per cent less than in October, but about
equal to those of the corresponding month a year ago.
From January to November, 1931, inclusive, mill silk
requirements exceeded by 3.7 per cent those of the
first 11 months of 1930. Wholesale prices of "A"
grade bleached rayon have remained at 75 cents per
pound since December, 1930.

1929: November
1930:
November ,_ _ _ _ . . .
December
1931:
January
February
_ .
March
Aoril
May
. .
June
__
July
August.- ...
September. ,.
October _
November
Monthly average, January
through November:
1929
1930
1931
1

.

. .

Bales

ilsl

1*

OD

M
fill

Month-

MaThou- lions
of
sands of spindle
bales
hours

ly av- ThouDolerage, sands
of lars per
1911- pounds
pound
1913=

Thousands of yards

!

Silk
Deliveries to mills

ft

Spinning
spindles

S5S

Worsted

—a
-1

OQB

•><•- rt
»o2
•*
d ?B*S
«•« S
ssl c o S S

MS
o&o

|
Wool manu- (
factures

Woolen

Q£

Recef pts, at Boston, total

Production i

Spindle activity,
total

Cotton textiles (23 groups of
textile constructions)

Wool

|
Per cent of ac- j
tive hours to j Bales
total reported j

Dollars per
pound

100

108

541, 153

7,468

7, 821

345, 146

276, 377

431, 426

342, 232

159

12, 714

.88

69

65

50, 562

1.15

93
87

415,315
405, 518

9, 962

5,825
5,924

206, 633
234, 052

200, 661
226, 951

356, 861
363, 962

333, 251
288, 956

124
122

6,240
11, 574

.72
.72

52
45

52
52

57, 333
55, 424

.95
.95

86
93
97
98
98
97
102
100
100
93
90

450, 117
433, 376
490, 509
508, 691
465, 363
453, 901
450, 884
425,819
463. 701
462, 025
428, 870

6,365
6, 122
7,000
7, 125
6,733
6,102
6, 630
5, 520 i 6,528
5, 266
6. 193
6, 540
7.072
10, 566 : 6, 595
12, 137
6, OH

202, 149
212, 168
271, 638
225, 955
225, 392
260, 163
192, 545
209, 050
272, 1 18
227, 116
231,446

210, 597
248, 354
317, 185
217, 582
205, 603
273. 871
227, 644
278, 049
216, 207
213, 889

355, 514
319, 328
273, 781
282, 154
301,943
288, 235
269, 449
250, 855
244. 924
255, 833
273, 390

317, 465
395, 802
373, 951294, 118
248, 544
330, 575
277, 597
217, 508
227, 167
344, 639
354, 957

120
119
121
119
115
112
111
100
95
91
87

10, 795
13, 269
13,279
17, 775
30.341
56, 743
79,381
36,850
18,707
9,628
7,026

.68
.66
.66
.65
.63
.62
.62
.63
.62
.58
.58

48
66
57
55
60
61
64
66
63
53
46

52
55, 910
54 j 54, 242
57 ! 55, 383
57
41, 356
66
45, 073
73
42, 161
83
44, 746
78
46, 454
53,819
70
49
56, 668
51
50, 645

.75
.75
.75
.75
.75
.75
.75
.75
.75
.75
.75

117
92
96

599, 746
452, 025
457, 569

8,467 298, 513
6, 432 235, 061
6,531 229, 976

294, 906
244, 529
238, 210

374, 023
427, 188
283, 219

408, 185
309, 680
307, 484

161 ! 26,293
134 ! 27,372
108 26,709

.98
.76
.63

79
56
58

68
52, 326
54 ' 47, 891
63
49, 678

1.24
1.06
.75

Months do not contain same number of weeks,
93114—323




Stocks, mills and
warehouses,
end of month

Mill consumption

Monthly average,
19231925=
100

Cotton manufactures
Wholesale price,
Fairchild composite

F. E. B. index, adjusted

Year and month

'

Cotton, raw

Bayon, wholesale price,
A grade, bleached

TEXTILE STATISTICS

10,031
9,557
8,864 !
8,136 j
7,404 i
6,748 i

4,487
6,187

7,943

211.331

!
1
!1
i

!
i

I
I
i
j

18

SURVEY OF CURRENT BUSINESS

January, 1932

Food Industries

Food products industry

•.

Year and month

1!
!i
p<

Crop marketings

F. R. B.

fa •i
It

J3

W

Animal products, marketings

FOODSTUFFS

STATISTICS

Wheat

ti
1
»••** .fl
&<s:3
w

Corn

&
8,
II * s IL %*
a^C
5«
11 Sfl?
,25 3 1
>
s O*

PI

bfi

;g

a.
1

OS

-goS)

*l
II
1
tf

h 1

ftS

»
Zv
13
si
~w i 1£
•as
2
^P £
> £ i 5

t-i03
Monthly
average,
1923-1925=100

*»§ i
1

lfe|

s
O

1929: November
1930:
November
December
1931:
January ...
February
March
April
May
June
.
July
August
September
October
November
Monthly average, January through November:
1929
1930
1931




Monthly
average,
1923-1925= 100

2-g
03 a
~jo
o
Q

—i

1,

r
1 1!
* Ill

4

£*

Ui
0>

^r-,
"«

Millions of bushels

1 <M
•ao

o i

tH

%
£2

Animal products

0

p.

si
os a

Millions of
bushels

Thousands

~£i
O

Q

w§
oa
03

=&
i

Coffee imports

level recorded for the preceding month. Employment, as measured by the Federal Reserve Board's
adjusted index, had a fractional increase.
Butter and cheese prices averaged lower for November than in the preceding month and production increased contrary to the usual seasonal movements.
Cold-storage holdings of creamery butter on December 1 amounted to 42,300,000 pounds, which is less
than half the stock on hand a year ago. If production
continues at the present rate it will counteract somewhat the full effect of the low-storage stocks. Egg
prices which rose seasonally during November fell
sharply during the first 10 days of December. A decline also occurred early in December of last year, but
this is contrary to the usual seasonal movement.
Frozen poultry in storage on December 1 amounted
to 90,000,000 pounds as compared with a 5-year
average of 94,000,000 pounds. Particular significance
is attached to storage stocks at this season of the year

as an indicator of one of the major sources of supply
during the succeeding spring and summer.
Receipts of lambs and sheep at seven leading markets were 34 per cent higher during November than
for the same month a year ago. Stocks continued
large. Stock and feeder lambs and sheep, shipped
through markets into the Corn Belt States in November, reached the greatest total since 1922. Lamb prices
were at the lowest level since 1911.
Raw sugar imports continued in November the decline of the previous two months and reached the lowest monthly total of the year. Coffee imports increased
further and the monthly average for the first 11 months
of the current year is substantially above 1929 and 1930.
Receipts of wheat at the principal American markets declined 21 per cent in November when compared
with the preceding month, but the receipts of November, 1930, were exceeded by 4 per cent. The monthly
average receipts for the months of January through November of the present year were approximately the same
as recorded in 1929 and exceeded 1930 by 7 per cent.

Total raw sugar imports

in the food-preparation industries
OPERATIONS
continued during November at the same seasonal

o

"o

I!
y. bo

!"

3 CJ
0 0

X3 """"

e
0

96

99.1

98.8

143.3

95.2

21

192

15

1.21

19

4

0.88

1,943

3,933

730

215

822

94
89

91.4
90.8

85.7
81.8

148.8
105.8

88.5
97.8

25
22

202
196

8
6

.70
.73

17
27

7
17

.71
.69

1,696
1,736

3,439
4,002

597
737

344
312

967
1,098

93
92
87
96
91
83
88
88
92
91
91

91.2
90.3
89.9
90.6
90.8
88.7
88.1
88.1
87.5
85.5
85.9

80.1 ! 74.3
77.1
66.8
64.4
76.7
53.1
75.6
72.9
62.0
72 4
55.2
73.1
103.0
83.9
73.7
72.9
lift 3
219.2
72.6
122.6
70.9

94.7
85.5
94.0
101.2
106.7
118.0
105.2
94.3
91.5
93.6
93.2

29
31
31
21
31
30
104
61
39
33
26

197
202
207
200
198
191
218
243
239
231
230

6
4
5
7
10
12
17
12
12
15
13

.71
.71
.71
.75
.76
.67
.47
.51
56
.58
.69

19
21
19
17
11
13
16
11
8
14
12

18
20
22
20
12
8
9
8
6
7
10

.65 I
.61
.60
.58
.56
.58
.57
.46
.42
.38
.43

1,508
1,303
1,535
1,617
1,551
1,540
1,488
1,821
1.797
2,137
1,866

4,652
3,704
3,207
3,067
2,938
2,854
2,511
2,454
2,727
3,462
3,752

959
1.092
1,072
1,100
1,062
1.014
946
798
638
506
520

204
364
515
415
313
382
413
532
330
269
189

1, 094
1, 289
1,407
1, 126
1,415
1,037
1,100
884
794
907

98
94
90

99.7
95.2
88.8

99.9
91.0
74.4

99.7
98.4
98.3

40
37
40

147
166
214

13
13
10

1.17
.94
.65

21
20
15

17
12
13

.94
.83
.53

1,717
1,675
1,651

3,622
3,343
3,212

1,083
863
882

490
384
357

934
1,0021,09ft

109.2
100.3
93.1

9sa

19

SURVEY OF CURRENT BUSINESS

January, 1932

Forest Products
of lumber as measured by estimated
PRODUCTION
timber cut reached a new low for the depression in
November, the Federal Reserve Board index adjusted
for seasonal variation dropping to only 30 per cent of
the 1923-1925 average. This represents a decline of
14 per cent from the month previous, 36 per cent from
November, 1930, and 66 per cent from November,
1929. The average monthly production for the first
11 months of the year was only about two-thirds that
during the same period in 1930 and slightly less than
one-half the production during the 11-month period
in 1929.
A decrease in employment during November of 3.4
per cent was greater than the decline usual for this
season of the year, and the adjusted index of the Federal Reserve Board was 2.1 per cent lower than in
October. November employment was 22 per cent
under November, 1930, and 44 per cent under 1929.
The volume of pay rolls in the lumber industry
declined during November to a new low for the
depression. The average monthly pay roll for the
first 11 months of the year was 37 per cent under that
for the same period in 1930.
Marketings of forest products in November were
under those of October, but above January and Feb-

ruary. November marketings were 58.1 per cent of
the 1923-1925 average, but only 5 per cent less than
in the corresponding month a year ago. Naval stores
marketings declined somewhat seasonally in November, but were comparatively well sustained. The
average marketings for the first 11 months of 1931
were 7 per cent above the 1923-1925 average, but
were approximately 13 per cent below the 1930
average for the same period.
Carloadings of forest products declined sharply to a
new low for the depression. Marketings of naval
stores declined during the month and were about 14
per cent under November, 1930.
Production of southern pine, Douglas fir, and hardwoods during the first 11 months of 1931 averaged less
than new orders, whereas during this period in 1930
production was exceeding the receipt of new orders.
This reflected a better technical position of the industry
although operations were at a comparatively low level.
Southern pine and Douglas fir production declined
to new lows for the depression, and were each about
40 per cent under November, 1930. Production of
southern pine during the first 11 months of 1931 was 41
per cent under that reported for the same period in 1930,,
while the production of Douglas fir declined 30 per cento

FOREST PRODUCTS
General operations

Year and month

Indexes of
marketing

Southern pine

Lumber
Em- Pay Total
pro- ployduc- ment,
roll, forest Naval
unad- prod- stores
tion
ad- justed
ad- justed
ucts
justed
F.B.B.

Production

1930
1931

1

i

Hardwoods

Pro- New Unfilled
duc- orders
tion
orders

Production

Furniture,
Carunload- filled
ings, orders,
Un- forest
prod- southNew filled
orders orders
ucts eastern
district

Thou- Dollars
sands ol per
cars
firm

Millions of feet board measure

87

85.0

89.2

81.3

141.7

310

253

215

259

184

622

216

47
50

60.4
58.8

54.7
50.4 |

61.5
56.6

112.9
117.7

185
157

177
146

105
99

192
167

186
189

176
188

143
134

133
125

452
456

136
121

49
45
50
49
50
49
44
40
38
35
30

56.3
56.3
55.7
55.4
55.4
54.4
52.0
51.1
49.4
48.4
47.4

44.0
45.6
46.2
44.9
45.7
44.6
41.7
41.3
40.3
38.2
34.4

54.5
54.4
59.3
63.6
66.7
67.2
64.6
64.3
67.5
63.1
58.1

37.1
25.5
39.7
98.3
136.5
189.9
186.7
141.5
111.9
114.0
97.3

165
154
165
165

148
127
122
120
117
117
111

191
171
174
169
158
140
147
151
138
135
111

116
107
121
104
84
83
83
83
74
58
63

160
179
186
202
207
200
149
172
155
150
116

192
189
217
224
189
191
181
188
159
151
136

183
182
197
216
136
163
166
111
125
81
105

143
158
165
146
146
143
109
101
105
105

169
188
173
154
158
176
139
131
131
131

456
481
473
463
431
419
402
375
bS7
374

156
138
138
130
165
125
106
138
104
123
87

92
68
44

88.7
70.2
53.9

91.4
67.1
43.4

86.8
68.0
63.1

125.0
122.9 i
107.1

232
137

216
153

150
89

328
245
171

332
241
183

322
206
151

308
208

297
174

644
554

279
204
138

!

1
i
!
!
i

Data for May, August, and October contain 5 weeks; other months, 4 weeks.




Douglas fir *

UnNew filled
orders orders

Monthly average 1923-1925=100
1929: November
1930:
November _ _ „
December
1931:
January
February
March
April.
May
June - _ .. July
August _
September
October
November
Monthly average, January
through November:
1929

STATISTICS

19,917
14, 400

»&
34, 160
29,798
28, 248
19, 338
56, 865.
47, 997
47,706
42, 180
22,100>

37, 300*

20

SURVEY OF CURRENT BUSINESS

January, 1932

EXPORTS OF FERTILIZER AND FERTILIZER MATERIALS l
[Long tons]
1923

i

Months

1933

1

i

1935

1934

1938

1937

1936

1939

I
I

1930

1931

Total
January
February
March
_.
April .
May
June . July
August
September
October
November
December

_._

. _.

_. _

- ..
-

__..
_

. _ _

.- _ _ -

_ -_
... ..-

. . ..
__ _ ... _ ... _..

Total

-

.

67,011
51, 631
66, 439
87,161
157,795
66,764
57,765
97,454
55,718
69,486
92, 074
65,649

!

\

67,975
72, 313
89, 730
97,849
105, .577
117,720
119,423
95,326
130,419
63,739
85, 133
54,484

79, 200
86, 942
73, 109
93, 828
126, 271
74, 150
98, 513
87, 687
76, 457
102, 371
78, 366
91, 441

66, 130
78, 058
94, 450
86, 202
123, 813
94, 725
120, 171
94, 112
111,474
87, 568
60, 228
125, 423

60, 121
93, 365
106, 850
110, 588
116,179
90, 798
88, 622
113,785
97, 701
73, 384
81, 033
70, 356

934,947 1

1,099,688

1, 068, 335

1, 142, 354

1, 102, 782

;

i
!
:
;

67,677 !
110,890 |
109, 580
128, 672
119,927
111, 497
138, 023
100,^659
113,322
96, 672
95, 605
78, 519

8V, 632
76, 169
114,623
130, 269
148, 745
112,077
98, 803
103, 575
99,611
87,115
94, 085
66, 134

1, 271, 043

99, 758
101, 885
165, 771
135, 905
114,706
141,619
123,535 !
112,667 !
159, 468
129, 849
101, 823
147, 309

106, 717
164, 733
155,817 i
193, 555
145, 126
113, 741
144, 121
115,580
121, 357
126, 621
92, 258
71, 933

1, 218, 838

1, 534, 295

1, 551, 559

13, 269
7,628
24, 913
12,972
8,648
4,949
12, 131
10, 002
19, 830
17, 528
15,460
21, 789

12, 022
12, 593
10, 816
7,083
10, 491
6,422
3,156
7,713
3,305
16,535
11,914
5,164

94, 092
103,951
112,725
146, 539
107, 900
89, 182
89, 409
1 15, 207
127, 953
94, 416

Nitrogenous
January . _
February
March
April
.
May
June
July
August
September
October
November
December

__.

,___
..

_

_

Total

1
i
!
i

23, 367
20, 976
14, 593
13, 130
12, 122
6,075
10, 797
11,513
9,396
6,507
9,600
10, 918

9, 146
12, 751
13, 058
19, 220
27, 482
15,062
18, 076
8,946
13, 168
10, 769
7,507
11, 783

13,739
31,839
J 1, 737
11,490
8,442
9, 155
9, 137
7,340
9,075
11,648
12, 466
7,008

8, 467
7,201
9,702
10, 207
7,217
9, 938
20, 306
10, 458
15, 253
8,314
9,603
13, 277

11,065
6,527
11,118
13, 092
11,244
19, 667
17, 184
14, 374
28, 466
25, 196
15, 570
17,261

18,916
17,269
12,221
7,984
17,636
13,013
13,244
7,579
11,326
13,284
8,192
6,979

I

9, 300
6,897
9,256
6,823
10, 036
8,906
11,699
9,861
6,947
8,495
8,209
4,358

148, 994

166, 968

123,076

129, 943

190, 764

147,643 j

100, 787

169, 119

107, 214

72, 206
58, 792
85, 439
104, 014
118, 990
96, 755
84, 326
85, 816
80, 939
69, 874
78, 348
51, 878

69, 663
85, 725
123, 094
99, 794
91, 916
126, 372
106, 399
94, 163
130, 422
105, 615
78, 583
116, 118

78, 950
140, 797
129, 881
163, 780
124, 553
104, 195
137, 648
98, 479
114, 161
105, 353
74, 863
64, 721

987, 377

1, 227, 864

1, 337, 381

i
!
!
;

13, 331
18, 311
19, 819
21, 931
6,619
7,690
7,078
7,682
7,554
13, 452

Phosphate materials
January
February
March
April
May
J une
July
August
September
October
November
December

--

-

-

_ - - - --

-

Total

41, 458
26, 950
46, 973
65, 801
143, 745
59, 963
46, 431
82,484
43, 721
59, 435
76, 847
52, 267

55, 974
54, 492
70, 461
69, 621
67, 365
96, 738
95, 380
84, 040
111, 549
50, 667
73, 138
40, 225

61, 903
73, 200
49, 766
68, 304
108, 839
58, 759
88, 097
74, 921 i
59, 239 j
83, 356 !
58, 103
80, 037

50, 187
66, 980
76, 569
67, 305
106, 056
82, 865
98, 418
78, 435
86, 544
74, 622
46, 194
101, 804

44, 352
78, 871
84, 501
83, 660
95, 393
66, 086
64, 065
90, 694
60, 825
44, 690
52, 587
47, 691

46,121
85,852
81, 106
109,265
95,477

746, 075

869, 650 j

864, 524

935, 979

813, 415

1,025,718

!
;
1
i

93, 107 ;

120,664
82,323
92,743
77,477 i
78,398 i
63,185

75, 153
80, 696
84, 682
112,717
91,049
79, 472
80, 670
105, 717
115,621
75, 114

Prepared fertilizer
January
February
M^arch
April
May
June
July
August
September
October
November
December

-

-

- - - -

Total

1,602
2,039
2, 472
1,806
1,220
65
86
376
645
1, 051
2,187
867

940
388
1, 585
1, 334
3,858
713
4,231
637
735
902
1, 606
1,062

14, 416

17, 997

!!
i

;
!
!

1, 186
590
4, 474
5,160
7,897
5,649
944
767
2, 295
3, 285
1, 551
1,995
35, 793

1, 663
314
3, 503
3,585
6, 653
390
194
1,726
5,713
2, 636
1, 898
1, 648
1

I
i
!
i
:
!
1
i

29, 923

I

5,947
7,610
3, 887
9,025
2,022
1,413
634
1, 588
1,290
1, 623
882
538

:
!
i
!

450
954
1,662
2, 622
858
998
651
630
1,369
2,438
1,518
570

227
2,261
3,571
3,656
7,172
844
1,274
984
2,686
1,864
1,608
267

26, 439 i

14, 720

26,414 i

33, 508

36, 459

5,899
8,219
16, 357 ;
15, 776
12, 547
5,572
1,504
6,914
9,039 !
6,882 !

15, 825 '
5,259
14,137
18, 133
8,907
6, 843 :
3,491 :
5,617 i
8, 695
6, 499

9, 798
3,733
11,233
13,667
8, 060

1, 071
551
3, 741
5, 326
6, 429
988
1, 888
1, 889
1, 046
1,148
1. 071
1, 291

!

!;
!

i

!

i
i
;
:

;
i

1, 001
3, 273
3, 627 '
5, 006
5, 235
3, 455
1, 514
2, 885 1
521
207 i
277
6, 507

495
462
469
1,136
734
106
497
383
915
300

Other fertilizers
Januarv
February
March
April
May
June
July
August
September
October.

_
- _ _ - _- .j
--

_

-

584
1,666
2, 401 i
6,424
708
661
451
3, 081
1, 956
2, 493

1 , 909 !
4,682
4, 626
7,674
6,872
5, 207 :
1,736
1, 703
4,967 :
1,401

2, 372
1,313
7, 132
8. 874
1, 093 !
587

335
4, 659
5, 848
4, 082

5,813
3, 563
4, 676
5,105
3, 887
1,532
1, 253
3, 493
3, 964 '
1, 996

3, 633
7,416
7, 490
8.510
3,113
4, 057
5,485
6, 828
7, 364
2, 350

1
|
I
i
!
i1

2, 190
6,815
14, 591
8, 801
5, 956
4, 379
3, 464
10, 127
7, 884
3, 473

1.711

2, 683
7, 800
2,601
3,110

5,113
4, 482
7,755
10, 755
9,498
1,914
1, 164
1,425
3, 863
5, 550

i Compiled by the Department o/ Commerce, Bureau nf Foreign and Domestic Commerce. The group "Other Fertilizers " represents the exports of muriate of potash, other
potash, and concentrated chemical mixtures such as nitrogenous phosphatic, nitrogenous potassic, and nitrogenous phospiiatic potassic mixtures.




21

SURVEY OF CUREENT BUSINESS

January, 1932

WEEKLY BUSINESS INDICATORS
[Weekly average, 1923-1925=100]

1931
ITEM

1931

1939

1930

ITEM

Dec. Dec. Dec. Dec. Dec. Dec. Dec. Dec. Dec.
14
26 19 12 27 20 13 28 21
I

1939

1930

Dec. Dec. Dec. Dec, Dec. Dec. Dec. Dec. Dec.
26 19 12 27 20 13 28 21 14

i

*Composite index, N. Y. Times _ _ 62.1 63.1 63.3 78.9 79.4 79.0 93.3 90.5 93.4 Wholesale prices— Continued.
Fisher's index (1926=100)—
63.7 64.6 77.3 77.5 77.1 92. 1 100. l! 99.6
"Composite index, Business Week
66.7 67.0 67. 1 79. 0 79.4 79.8 93.1 92.8 92.6
Total (120) _ _
60.7 40.0
78.5 98.0
i 93. 1
Detroit employment
Agricultural product (30) _ 50.5 50.7 51.2 74.8 79.4 75.5 99.5 98.8 98.0
Production:
Nonagricultural products
7.8 9.0 13. 1 15.9 16.3 29.4 33. 5 32. 2
Beehive coke
69. 1 69.4 69.3 79.3 80.0 80.2 91.3 91.2 91.5
Bituminous coal (da. av.)_ — j 63. 4 69. 1 71.3 82.0 92.7 87. 1 91.8 111.2116.6
(90) 34 1 61.4 _ _ 59. 0 62.8
72.9 73. 1 73.3 76.5 76.5 76.9 86.7 86.9 86.8
• 91.2 !
Iron and steel, composite
Building (new awards)
t Electric current
_ _ _ _ _ _ 93.9 100.7 100. 4 97. 1 106. 2 104. 9 98.3 111. 6110. 5 Banking and finance:
Bank debits outside N. Y. C. 87.2 85.6 72. 6 107. 6 117.2 96. 1 132.3 140.6 123. 6
Petroleum _
110.1 116. 7 118.01102. 1105.7 107.2 125. 2 126. 5125. 9
85 8 83 Q 87 9 105 2 104.2 104.6 104.7 104.8 105. a
Bond prices
Steel ingots
31.6 32.9! 31.6 44.7 48.7 51.3 82. 9: 84. 2
Business failures (number)
138. 3 163. 9 141. 3:1.12.0 148.4 138. 1 97.3 122.4 126. 3
Receipts:
Federal reserve R. M. banks26.3 71.2 83.2 47.5 76.9 91.8 45.9 68. 0! 88.6
Cattle and calves
Loans and discounts
158. 1 140. 0 108. 5 133. 8 127. 7 106.2 176.2177.3
Cotton
_
_ _ ._
105.0; 105. 7 105. 9! 129. 6 130. 1 131.4 138.5 138.8 139.0
Net demand deposits
97. 5 100. 7 100.2112.6 114.0 115.2 112. 5 113.2 114. 1
55.3 108.6 106. 5 67. 3 84. 1 90. 3 59.8 107. 7 111. 4
Hogs
131. 2 132. 4 133,9157.2 158.4 162.2 148. 3 147.8 147.7
Time deposits
42. 4 44.7 69.7 67.4 59.5 49.3 60. 8| 88. 2
Wheat
Interest rates call
75. 91 60. 6 60.6' 48.5 58.7 48.5 136.4 109.1 109.1
62. 7 66. 0 72. 9 76. 1 78.4 86. Ij 91 3
Distribution: Car loadings
Interest, rates, time
_ _ _ 80.0 80.0 80.0: 68.6 68.6 62.9 114. 3 114.3 114.3
Wholesale prices:
Monev in circulation
- 117.9115.3 113. 9 102. 5100.3 97.4 103.4 102.3 101.0
50.0 44.9 45. 7! 73. 9 ! 71. 7\ 72. 5 129.0 129. 0 129. 0
Copper, electrolytic
75. 4 74. 7 78.4146.4 148.4 152.5 201 5 208.7 217.7
Stock prices
Cotton, middling, spot
23,5 23.5 22.8 36.0 36.0! 36.4 64.0 62. 5, 63. 6
i
:

1

i

f Relative to weekly average 1928-1930 for week shown.

Relative to a computed normal taken as 100.

WEEKLY BUSINESS STATISTICS
1931

1930

1929

i

1928

ITEM

Dec. 26

Dec. 19

Dec. 12 | Dec. 27

Dee. 28

Dec. 21

Dec. 14

Dec. 29

1, 563
10, 089
1,638

1,893

1,968
14 641
1,841

1, 400
17 836
1,527

1, 873

1,860

555
142

90
900
202

410
187

193
1,753
191

1, 249
1,176
222

1,218
599
313

! 744,353
| 157,614
34,062
j 39,532
I 25, 573
j 219,005
i 262, 174
i
6,393
| 616,931
2,233

639, 389
146, 893
27, 837
31,584
17, 220
187, 249
222, 199
6, 407
447, 141
2,608

842, 775
211, 034
48, 771
36, 195
24,416
228, 536
285, 029
8,794
393, 345
2,634

667, 974
129, 366
32, 808
37, 091
21, 499
192, 853
245, 979
8,378
386, 132
2,581

900, 620
202, 680
58, 329
36,024
26, 318
242, 578
316, 595
10, 945
298, 004
2,551

Dec. 20 j Dec. 13

Dec. 22

PRODUCTION AND DISTRIBUTION

Bituminous-coal production (da. av.)
thous. tons..
Building contracts (da av ) 37 States
thous. dolls
Electrical current output
mills, of kw. hours. _
Exports:
Corn
thous. of bush _
Wheat
thous. of bush
Wheat flour •
thous. of bbls _
Freight cars:
Loadings total
cars
Coal and coke
cars
Forest products
- - - - - _cars__
drain and grain products
cars
Livestock
cars
Merchandise 1. c. 1
- - _cars._
Aliscellaneous
cars
Ore
cars _
N e t available surplus (da. av.) _ _ _ _ _ _cars _
Petroleum production (da. av.)
thous. of bbls__
Receipts:
Cattle and calves (12 markets)
thousands
Cotton into sight
thous. of bales
Wheat primary markets
thous. of bush
Wool total, Boston
thous. of Ibs _
Steel in^ot production
per ct of capacity

1, 080

1, 176

1,565

1,676

1,215
5,475
1,672

1,378
9,860
1,617

4
641
201

15
1,631
175

37
2,403
163

5
274
179

2,430

613, 534
137,639
19, 084
30, 179
24,691
197,558
200, 379
4,004
664, 769
2,457

2,293

223
411

i
I
i
i
:

i
;
1

1

538, 419
202, 680
20, 693
27, 172
17, 739
167, 354
176, 135
4. 281
706; 538
2,127

1,579 i
1,770
9

'

4

373
232 1

713,810
170,014
31,218
36,049
22, 742
210,264
237, 780
5,743
649,314
2,202

1,483
9, 474
1,748

!

922,861 !
211,560
52,404 43, 995
28, 888
245, 043
322, 103
8,868
367, 657
2,622

1,710

150
282
5,537
1,469
24

243
348
5,351
3,415
34 j

290
332
4,726
752
37

145
276
3,918
3, 553
39

215
458
4. 829
2,890
63

280
461
7,010
5,252
64

127
374
5, 454
2,055
84

202
422
7,837
3,133
82

106.7
. 102
.098
2.47
31.66
.69

107. 2
. 099
.098
2.47
31.68
.71

107. 2 1
. 100 ;
.099 i
2.52
31.84
.72

112. 5

112.5
. 178
. 170
3.11
35.97
1.18

112.5
.178
.173
3.11
35. 95
1.20

108.3
.162
.206
3. 26
36.24
1. 10

108. a

. 174
3. 12
35.89
1.22

.158
.204
3. 2$
36. 24
1.11

746

3,451
24

263
364
3,549
2,639
25

106.3
.069
.064
1.97
30.16
.51

106.3
.062
.064
1.98
30.28
.53

106.3
.063
.062
1.99
30.36
.53

4,707
4,042

5,084
3,973

3,464
3,364

6, 351
4,993

7,221 i
5,436 j

5,465
4,460

7,204
5,115

9, 601
6, 524

9,898
5,735

8,957
5,437

12, 221
6,860

6,159
76.80
563

19, 792
75. 17
667

13,043
78.69
575

2,916
94. 23
456

3,010 !
93.32 ;
604 |

3,384 !
93.65 :
562 |

1, 651
93. 76
396

3,736
93.89
498

4,296
94.29
514

7,608
96.07
359

2,746
96.04
491

911
3,128

698
3,145

725
3,137

448
3,038

331 !
3,091 !

257 1
3,141 ;

763
2, 951

737
3, 026

769
3,110

1,168
2,689

947
2,724

13,119
7, 615
7,386
11,771
5,947
542

13, 212
7,751
7,471
12, 168
6,004
3.42

13,237
7,427
7,477
12, 105
6,073
3.30

16, 200
6,785
8,421
13, 603
7,126
4.86

16,258
6,827 !
8,511 !
13,771 i
7,180
4.86

i
:

17, 305
5, 585
9,374
13, 589 '
6, 723
4.88 !

17, 356
5, 587
9, 458
13, 676
6, 702
4.88

17, 375
5, 547
9, 557
13, 776
6,698
4.88

16, 284
5,980
9,054
13, 266
6,864
4.86

16,248
5, 985
9,119
13, 322
6, 845
4.85

3.50
3.13
5,727

2^50
5, 599

3.50
2.50
5,529

3.00
2.00
4,977

3.00
2.42
4,870

2.75 '•
2.00
4,731 i

5.00 !
5. 63 •
5, 021 1

5.00
4.50
4, 968

5.00
4. 50
4,906

8.38
10.38
5,074

8.25
7.38
5, 060

73.24
6,011

72.59
15, 648

76.12
11,949

142. 24
9, 425

144.12 '
19,191 j

148.06 1
14,188 i

198. 60 i
13, 053

202. 69
18, 008

211. 38
23, 109

224. 79
18, 372

215. 77
17, 089

106. 2
98. 7
92.2
153.2

105. 5
98. 2
89.1
153. 7

•
i
I
!

110. 5
103. 6
93.8 !
157. 7 !

150.9
144. 3 i
134. 1 !
196. 6

154. 4
144. 6
136. 3
195. 9

154.1
147.7
136.6
198.6

177.7
185. 5
136.8
180. 6

173.0
180.5
136.0
173.7

'
!

WHOLESALE PRICES

Chemical index
rel. to 1924
Copper ingots, electrolytic, New York__dolls. per lb__
Cotton, middling, spot, New York
dolls. perlb_.
Food index (Bradstreet's)
dolls, per Ib
Iron and steel composite
dolls, per ton..
Wheat, No. 2, hard winter, Kansas City dolls. bu._

|
i
!

FINANCIAL

Bank debits:
New York City
. . mills, of dolls. _
Outside New York City
mills, of dolls..
Bond sales, New York Stock Exchange:
United States Government
thous. of dolls
Average price 40 corporation bonds
dollars __
Business failures
number
Federal reserve banks:
Bills discounted
mills, of dolls. _
Total reserves.
mills, of dolls..
Fecleral 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 loans on brokers' loans:
Time money, New York
per cent-.
Call money, New York
per cent-Money in circulation (da. av.)
mills, of dolls- Stocks, New York Exchange:
Average price 50 stocks
dollars
Sales
thous. of shares. .
Stock prices, weighted:
Industrials, rails, and utilities (404)... rel. to 1926All industrials (337)
rel. to 1926—
All railroads (33)
rel. to 1926—
All
utilities
(34)
rel.
to 1926—




54.7 !
51.4
31.7
90.6

54.7
51.4
31.3
90.6

60.6
56.9 !
34.4
101.2

!
!

!

i
i
1
i

16,426
6,816
8,656
13,914
7,355
4.86

. 178

\
!

22

SURVEY OF CURRENT BUSINESS

January, 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
Leather and leather products
Iron and steel
Machinery
_
Nonferrous metals
.---..
Paper and paper products
Printing

22
23
25
26
28
32
_ „ . 33
34
36
37
38
40

.

Earlier data for items shown here may
be found in the 1931 Annual Supple- NovemAugust
October Septem
ment to the Survey
ber
ber

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
1930

1931

July

June

May

|

April

March

Fe b
a r™-

i

NovemJanuary December
ber

INDUSTRIAL PRODUCTION
Federal Reserve Board
Total, unadjusted
_ _ . rel. to 1923-25..
Total, adjusted
rel. to 1923-25..
Manufactures, total unadjusted rel. to 1923-25. _
Manufactures, total ad justed., rel. to 1923-25..
Automobiles
. . rel. to 1923-25. _
Cement
rel. to 1923-25..
Food products
rel to 1923-25 .
Iron and steel
. . . rel. to 1923-25. .
Leather and shoes
rel. to 1923-25..
Lumber
rel to 1923-25 Nonferrous metals
rel. to 1923-25. _
Paper and printing
rel to 1923-25
Petroleum refining
rel to 1923-25
Polished plate glass
rel to 1923-25
Auto tires and tubes
rel to 1923-25
Textiles
. rel to 1923-25 .
Tobacco manufactures
rel. to 1923-25..
Minerals, total unadjusted
rel. to 1923-25..
Minerals, total adjusted
rel. to 1923-25..
Anthracite
_ _ - . rel. to 1923-25. .
Bituminous coal
rel to 1923-25
Copper
rel to 1923-25
Crude petroleum
rel to 1923-25
Iron-ore shipments
rel to 1923-25. .
Lead
rel to 1923-25
Silver
rel. to 1923-25..
Zinc
rel to 1923-25
Industrial Consumption of Electrical
Energy
Consumption by geographic sections:
United States
rel. to 1923-25..
New England
rel to 1923-25
North Central...
rel. to 1923-25..
Middle Atlantic
...
rel to 1923-25
Southern
rel to 1923-25
Western
rel. to 1923-25..
Consumption by industries:
All industry..
rel. to 1923-25..
Automobiles, including
repair parts .. _
rel. to 1923-25. .
Electrical apparatus and
equipment
rel. to 1923-25..
Food and kindred products rel. to 1923-25..
Leather and its products.. -.rel. to 1923-25..
Luniber and its products.. rel. to 1923-25..
Metals group
rel. to 1923-25..
Metal-working plants..rel. to 1923-25-.
Rolling mills and
steel plants
rel. to 1923-26..
Paper and pulp
rel. to 1923-25
Rubber and its products— rel. to 1923-25..
Shipbuilding
rel to 1923-25 .
Stone, clay, and glass
rel. to 1923-25..
Textiles..
rel. to 1923-25..


2
http://fraser.stlouisfed.org/ Revised.
Federal Reserve Bank of St. Louis

73
72

2
75
273
272
271
*26
273
291
43
«82
35
65
99
161

78
79
77
79
52
102
88
51
104
40
64
105
165
72
90
100
118
82
79
61
70
69
107
59
61
45
49

80
83
79
83
61
108
88
59
101
44
65
109
162
91
112
102
122
85
84
57
74
59
122
55
64
42
49

83
84
82
84
65
112
83
64
101
49
68
108
161
91
126
97
133
85
85
66
74
67
122
46
60
46
54

89
89
90
89
77
96
91
72
107
50
73
113
163
112
123
101
137
84
86
71
75
68
122
27
78
51
54

90
89
91
89
77
90
96
75
102
49
73
110
161
117
107
98
134
83
92
84
77
69
121
0
71
54
61

89
87
91
87
67
81
87
78
92
50
77
110
152
119
98
97
131
82
87
72
76
70
112
0
79
63
65

87
86
88
85
68
80
92
73
87
45
79
111
149
111
94
93
132
84
88
89
73
76
110
0
82
62
65

82
82
81
81
63
84
93
64
77
49
78
107
144
90
88
86
121
86
90
93
77
72
110
0
83
68
65

78
82
76
80
85
83
89
59
81
50
85
101
149
65
73
87
128
89
94
93
85
76
111
0
92
71
68

85
84
84
84
74
86
94
65
80
47
87
103
151
91
77
93
119
95
92
83
86
83
114
51
83
73
70

90
114
83
81
66
67

74
93
112
89
85
91
71

124
11
61
40
45

2 116
42
>66
40
47

77
76
276
76
240
95
* 92
46
J97
38
265
104
161
55
79
UOO
118
282
2 77
65
70
60
2102
51
67
40
49

98.8
86.4
89.5
99.6
119.3
118.8

97. 1
87.5
87.4
103.3
113.2
102.2

100.4
97.0
92.6
104.0
113.8
102.3

97.3
89.9
90.0
99.5
112.8
108.8

97.9
100.0
92.1
95.7
117.5
96.8

101.7
OS. 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

108.2
105. 8
105.7
102.8
117.5
115.7

110.3
105.5
109.0
108.0
130.6
120.0

97.6
90.2
100.2
96.6
105.8
111.0

99.1
86.3
99.0
97.5
116.4
99.9

105.4
96.3
100.6
103.5
113.4
121.3
104.3

72
71
34
64
91
46
82
30
62

98.8

97.1

100.4

97.3

97.9

101.7

109.8

106.4

108.2

110.3

97.6

99.1

65.5

57.4

53.7

43.6

55.9

71.3

89.7

90.8

94.1

88.9

67.5

71.5

74.9

123.3
144. 0
75.2
76.4
76.4
76.0

128.5
136. 5
81.8
82.2
73.0
71.0

129.8
142. 0
81.9
82.2
76.2
75.0

128.0
146.4
77.1
79.4
75.0
73.3

130.1
147.0
83.8
76.9
74.5
69.3

130.8
136.2
85.4
86.3
81.5
78.6

132.0
126.8
81.0
97.2
98.5
94.0

136. 7
122.0
83.9
91.6
99.5
94.6

124.3
116.8
71.2
93.2
112.2
103.5

149.0
112.9
76.1
84.2
114.0
112.3

144. 7
118.3
71.6
82.6
97.4
95.0

132.4
107.1
68.7
73.3
102.3
97.8

137.5
124.4
73.0
86.5
99.5
89.6

77.0
126.1
93.5
95.0
113.8
93.4

76.3
113.0
82.8
84.5
113.4
98.2

78.3
138.3
88.0
88.9
113.9
98.7

78.0
121.7
98.5
85.6
105.9
95.0

83.1
104.0
97.4
82.0
104.8
98.2

86.6
112.4
121.0
84.8
118.7
100.5

106.8
135.1
122.3
89.7
132.0
103.7

108.1
109,6
109.0
92.5
116.5
100.0

119.4
123.0
109.6
98.3
105.1
97.3

116.5
127.0
122. 0
114.8
102.6
99.3

103.4
111.8
106.5
113.9
75.3
86.4

110.2
117.0
84.3
99.0
100.6
89.8

106.5
112.3
95.3
105.5
106.2
87.0

23

SURVEY OF CURRENT BUSINESS

January, 1932

MONTHLY BUSINESS STATISTICS—Continued
Earlier data for items shown here may
be found in the 1931 Annual Supplement to the Survey

1931
N

<£T- October SeptemAugust
ber

1930

July

June

May

April

March

Febru- January
ary

48.1
2 133. 5
2115.4
146.5
51.9

56.0
' 133. 6
U16.7
2 145. 7
256.6

52.9
* 143.5
2118.0
154. 2
57.4

60.4
144.0
M18.4
161. 7
60.5

58.2
2 150. 4
2118.8
173.2
61.8

49.8
2 152. 9
2119.0
177.4
61.0

Decem- November
ber

STOCKS AND ORDERS
New orders, total
Stocks, total
Manufactured goods.
Raw materials
Unfilled orders total

rel. to 1923-25
rel. to 1923-25
rel. to 1923-25..
rel. to 1923-25
rel to 1923-25

44.3
2 157. 3
2 103. 2
2
196. 5
244.4

M7.8
» 141.5
2 106. 7
166.7
46.0

84.9
75.4
81.5
90.5
80. 3
94.6

85.6
78.5
81.7
90.1
80.7
95.4

85.9
78.6
81.9
89.6
81.5
95.5

85.9
78.6
81.5
89.3
82.0
95.8

85.9
79.9
81.0
89.1
82.6
95.5

86.9
80.7
82.8
89.1
83.5
95.9

88.2
82.0
84.9
90.6
84.1
96.8

89.1
83.2
86.5
92.5
84.6
96.8

68.3
58.7
70.9
73.2

68.4
58.8
72.6
73.7

69.1
60.5
72.9
74.0

70.2
63.5
73.7
74.6

70.0
64.9
73.1
74.0

70.0
65.4
72.4
74.0

71.3
67.1
72.9
75.1

73.3
70.1
75.6
77.1

74.0
74.7
65.0

74.3
74.1
63.4

74.9
74.8
63.3

75.4
75.5
62.3

75.8
77.3
58.2

77.5
77.9
58.1

78.4
79.1
60.9

80.9
80.1
61.6

-81.3

82.2

84.8

88.5

89.2

87.8

87.3

83.1
86. 2
60.7
59.7

83.2
86.5
61.5
59.0

84.7
87.2
62.9
58.4

87.5
87.1
64.2
58.5

88.0
87.5
65.4
61.0

88.6
87.4
65.4
61.8

89.2
87.8
66.3
62.8

71.8
62.0

71.4
61.5

72.0
62.7

72.3
64.1

71.8
64.3

71.9
64.7

64.4
61.2
74.4

64.7
62.6
74.4

66.3
64.2
72.3

68.3
65.7
75.1

69.5
68.0
77.2

68.5
67.9
77.7

2.00

2.00

2.00

2.00

2.00

2.00

2.00

2.00

2.00

2.00

2.00

2.00

.2290
. 0388
.51
.130

.2290
.0393
.50
.130

.2290
.0400
.50
.152

.2290
.0400
.45
.154

.2290
.0424
.42
.157 j

. 2290
.0438
.39
.158

.2290
.0438
.45
.165

.2290
.0488
.48
.172

.2290
.0488
.44
.174

.2290
.0517
.44
.171

.2290
.0525
.44
.173

.2290
.0601
.47
.178

.2290
.0738
.48
.176

10.00
.31
1.310

10.00
.34
1.318

10.00
.33
1.331

10. 00
.28
1.331

10.00 1
.25
1.331

10.00
.23
1.364

10.25
.24
1.399

10.25
.26
1.422

10.00
.29
1.477

10.00
.28
1.543

10.00
.29
1.578

9.50
.32
1. 580

9.50
.36
1.588

.15

.16
86
.058
.0678

.17
86
.056
.0699

.16
86
.056
.0729

.15
88
.063
.0770

.14
88
.068
.0803

.14
89
.061
.0867

.15
90
.053
.0939

.16
90
.056
.0985

.16
89
.064
.0972

.17
90
.068
.0984

.18
93
.070
.1030

.19
94
.079
.1011

165.9
105. 9
209.6

245.5
2 136. 9
» 111.5
» 155. 3
M7.8

51.2
156.0
118. 8
182.8
61.8

48.7
163.3 !
120.1
194.5
61.8

48.7
161.9
118.6
192.6
58.7

89.6
84.4
86.9
92.7
85.3
96.9

91.1
84.6
90.9
92.9
85.9
97.2

92.6
86.6
93.9
92.9
86.7
97.4

93.9
87.7
96.8
92.9
87.5
97.6

74.5
70.6
76.7
78.4

75.5
70.1
77.1
79.3

77.0
73.5 1
80.1
80.5 j

78.4
75.2
81.8
81.9

80.4
79.3
85. 7
83.7

81.9
81.9
64.5

81.8
82.2
69.6

82.9
83.6
69.8

84.4
84.8
70.5

85.6
85.2
71.8

87.3

87.4

86.6

88.6

91.2

94.0

90.8
88.7
67.6
63.9

90.8
89.0
69.2
64.7

90.8
88.9
70.4
63.9

91.1
89.3
71.0
64.7

91.3
90.0
72.4
66,9

95.2
90.2
73.3
67.8

73.2
66.5

74.2
68.3

75.6
69.4

77.1
70.6

77.8
72.9

79.0
74.2

80.1
76.8

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

75. 6
76.1
86.4

2

COST OF LIVING
All groups
Clothing
Food
Fuel and light
Housing
Sundries

__.rel. to 1923..
rel to 1923..
rel to 1923
..rel. to 1923..
rel. to 1923..
rel to 1923

PRICE INDEXES
Department of Labor Indexes:
All commodities (550)
rel to 1926
Farm products
rel. to 1926—
Food (121) . _
rel. to 1926Finished products (380)
rel. to 1926..
Industrial group commodities—
Building materials (57)...rel. to 1926..
Chemicals and drugs (78)_rel. to 1926..
Fuel and lighting (23)
rel. to 192611 ides and leather products (40)
rel. to 1926House furnishing goods (37)
rel. to 1926.
Metal and metal products
rel. to 1926—
Textile products (75)
rel. to 1926..
Miscellaneous (25)
rel. to 1926—
All except farm and food
products (384)
rel. to 1928
Raw materials (108)
rel. to 1926Semimauufactured articles (62)
rel. to 1926Bradstreet's Index
rel. to 1926..
Dun's Index
rel. to 1926.
WHOLESALE PRICES
Acetate of lime
dolls per cwt
Aluminum No. 1, Virgin 98-99,
New York
dolls, per lb__
Aluminum, scrap cast, New York-dolls, per lb__
Barley, No. 2, Minneapolis
dolls, per bu~
Brass sheets, mill
dolls, perlbBrick, common, red, New York
dolls, per thous—
Butter, common, New York
dolls, per lb._
Cement, Portland (composite). -dolls, per lb—
Cheese, American whole milk, New York
_„ „
dolls, per lb_.
Chemicals...
..rel. to 1927Coffee, Rio, No. 7, Brazil grades.dolls. per lb—
Copper ingots, electrolytic
dolls, per lb—
Coal:
AnthraciteRetail, composite-dolls, per short ton—
Wholesale, composite
dolls, per short ton-Bituminous—
Mine average (spot)
dolls per short ton
Prepared sizes (composite)
...dolls, per net ton.-!
Retail, composite..dolls. per short ton—
Wholesale, composite
dolls, per short ton..
Coke, furnace, Councils ville
dolls, per short ton
Cocoa, spot, Accra, New York_.dolls. perlb..
Corn:
No. 3, yellow, Chicago
dolls, per bu__
No 3, Kansas City
. . dolls, per bu
No 3 white Chicago
dolls, per bu
Cotton:
To producer
dolls per lb
In New York, middling
dolls, per lb__
Cottonseed oil, refined, yellow,
prime, New York
dolls, perlb..
Cotton goods:
Print cloth 64 x 60
dolls, per yd..
Sheeting, brown.
-dolls, per yd..
Cotton goods (Fairchild) rel. to 1911-1913
Cotton yarns:
22/1 cones, Boston. __ _ _. dolls, perlb .
40/15 southern spinning
dolls, per lb..!
Drugs and Pharmaceuticals
rel. to Aug., 1914..
Drugs, crude
_.rel. to Aug., 1914. _
Essential oils
rel. to Aug., 1914..
Flaxseed, No. 1, Minneapolis-dolls, per bu_.
Flour, see under wheat flour.
Food, wholesale, see under individual items.
Food, retail (Dept. of Labor)
rel. to 1913..
Hides:
Green salted, packers'
heavy native steers
dolls, per lb._
Calfskins, country, No. 1 dolls, per lb_.|

2 Revised.


.003
.0656
14.96

14.97

14. 93

14.73

14.59

14. 31

14.19

14.39

14.85

14.85

14.88

14.89

14.90

13. 083

13. 083

13. 083

12. 796

12. 614

12. 413

12. 270

12. 202

12. 608

12. 732

12. 732

12. 751

12. 751

1.56

1.60

1.64

1.69

1.77

1.77

1.77

1.78

1.62

1.58

1.58

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

3.999
8.71

4.223
8.83

4.270
8.87

4.317
8.94

4.336
8.94

3. 705

3.703

3.705

3.704

3. 706

3. 692

3.723

3.760

3.791

3.814

3.829

3.898

3.900

2.38
.0494

2.45
.0475

2.45
.0463

2.45
.0525

2.45
.0581

2.45
.0563

2.48
.0494

2.50
. 0535

2.50
.0550

2.53
. 05G3

2.55 :
. 0619

2.55
.0675

2.58
. 0688

.43
.46
.43

.38
.40
.39

.42
.46
.44

.46
.45
.49

.57
.53
.58

.58
.52
.59

.58
.52
.56

.58
.53
.58

.60
.54
.60

.0,
.54
.63

.65
.59
.68

.69
.66
.73

.71
.69
.76

.061
.065

.053
.064

.059
.065

.063
.072

.085
.093

.077
.090

.088
.093

.093
.102

.096
.109

.091
.110

.086
.102

.087
.101

.096
.110

.047

.045

.044

.059

.069

.068

.069

.076

.076

.073

.073 1

.072

.076

.036
.047
87

.038
.046

.041
.050
95

.043
.052
100

.049
.056
111

.048
.054
112

.050
.058
115

.053
.059
119

.055
.059
121

.053
.065
119

. 052
.062
120

.053 1
.065
122

.057
.066
124

.192

.189
.315

.201
.326

.212
.336

.225
.352

.215
.352

.223
.353

.231
.369

.240
.382

.239
.390

.248
. 390

.247
.390

.254
.405

157
117

157
118
65
1.32

157
118
70
1.37

157
118
76
1.41

157
118
77
1.64

157
128
77
1.48

157
130
79
1.55

160
131
82
1.57

174
130
81
1.58

175
131
80
1.56

175
133
81
1.57

175
137
85
1.61

175
137
87
1.65

119.1

119.4

119. 7

118.3

121.0

124.0

126.4

127.0

132.8

137.2

141.4

.095
.125

.107
.144

.118
.156

• 312

1.46
116. 7

119.0

!

. 082
. 085

.077
.083

,090
.098

.113
.129

.120
.139

.100
.129

.085
.129

.092
.135

.090
.128

.073
.117

24

SUEVEY OF CUREENT BUSINESS

January, 1932

MONTHLY BUSINESS STATISTICS—Continued
Earlier data for items shown here may
be found in the 1931 Annual Supple- \ NovemAugust
October Septemment to the Survey
ber
ber

1931
July

June

1930
May

April

March

X^ November

FebruJanuary
ary

WHOLESALE PRICES-Contiaued
Hosiery
rel. to 1926-Iron and steel, metals and
metal products
rel. to 1926-.
Iron, raw:
Basic (valley furnace) .dolls, per long ton..
Composite pig iron
dolls, per long ton-Foundry No. 2,
northern
dolls per long ton _
Lard, prime contract, New
York
dolls, per lb-_
Lead, pig, desilverized, New
York
dolls, per lb._
Leather, composite, wholesale
price
. rel, to 1926..
Leather, solo and belting, oak,
and scoured backs
dolls, per lb._
Leather, upper, composite, chrome,
calf black, "B" grade
dolls, per sq. ft._
Leather, hides (see under hides).
Leather, shoes (see under shoes).
Linseed oil New York
dolls, per lb._
Lumber:
Composite, wholesale price... rel. to 1926..
Douglas fir, No. 1,
common
.dolls, per M ft. b. in__
Douglas fir, flooring, 1 x 4, "B"
and bettor (V. G. Washington)
dolls, per M ft. b. rn__
Southern yellow
pine
...dolls, per M ft. b. rn._
Meats:
Beef, frosh, carcass, good
native steers, Chicago
dolls, per lb_.
Beef, fresh, carcass, steers,
New York
dolls, per Ib
Cattle, corn-fed, Chicago-dolls, per 100 lbs__
Flogs, heavy, Chicago-dolls, per 100 lbs_.
Sheep, ewes, Chicago
.dolls, per cwt__
Sheep, lambs, Chicago
dolls, per lb__
Pork, hams, smoked, Chicago
__
_
dolls, per lb__
Western dressed steers, New York
_
dolls, per lb__
Methanol:
Refined
.dolls, per gal..
Milk, condensed, New York. .dolls, per case-Milk, evaporated
dolls, per case _
Nonferrous metals
rel to 1926
Oats:
No. 3, white, Chicago
dolls, per bu__
Oils and fats
rel. to 1927..
Oleomargarine, standard, uncolored,
Chicago
dolls, per Ib
Paper, newsprint, rolls, destination,
New York
_ dolls, per short ton._
Petroleum:
Crude, Kansas-Oklahoina_dolls. per bbl._
Gas and fuel oils, Oklahoma 24-26,
refineries
. dolls, per bbl._
Gasoline, New York
dolls, per gaL.
Kerosene, 150° water white-dolls, per gaL.
Lubric^ting oil cylinder
dolls per gal
Pig iron, foundry No. 2,
Pittsburgh
dolls, per long ton._
Potatoes...
dolls, per bu._
Rayon, 150 denier "A" grade,
New York
dolls, per Ib...
Rosin, gum, New York.,
dols. per bbl._
Rubber, crude, smoked sheets,
New York
dolls, per lb._
Rye, No. 2, Minneapolis
dolls, perbu..
Sheep, ewes, Chicago
dolls, per 100 Ibs
Sheep, lambs. Chicago.. ...doll, per 100 lbs_Shoes, men's black calf blucher,
Boston
dolls, per pair-Shoes, men's dress welt, tan calf,
oxford, St. Louis
dolls, per pair..
Shoes, women's black kid,
McKay sewed
dolls, per pair-Silk, raw, Japanese, 13-15, New
York..
__
..dolls, per lb._
Silk goods, composite
dolls, per yd..
Steel beams, mill, Pittsburgh-dolls, per cwt-.
Steel, crude:
Composite, finished steel
_
_
dolls. perlOOlbs..
Iron and steel, composite
, _.
dolls, per long ton-Steel billets, Bessemer. dolls, per long ton..
Steel scrap, Chicago. .dolls, per gross ton-Structural steel beams. dolls, per 100 Ibs..
Structural steel beams
rel. to 1926-Sulphuric acid..
..dolls, per ton-Sugar:
Retail average, 51 cities
rel. to 1913-.
Retail granulated, New York. dolls, per lb._
Wholesale, 96° centrif., New
York...
_
dolls, per lb._
Wholesale, granulated, New
York...
._dolls, perlb..
Tea, Formosa fine, New York-. dolls, perlb..
Textiles, general
_
rel. to 1926. .
Tin, wholesale, straits,
New York.
dolls, perlb-. i




48.6

48.6

48.6

48.6

48.6

48.6

50.8

50.8

51.9

61.9

51.9

58.3

86.2

86.5

87.2

87.1

87.5

87.4

87.8

88.7

89.0

88.9

89.3

90.0

90.2

15.00
16.02

15.25
16.23

15.50
16.32

15.50
16.38

15.50
16.38

15. 50
16.40

16. 25
16.64

16.50
16.75

16.50
16.72

16.75
16.82

17.00 !
16.94 !

17.00
17.01

17.00
17.14

17.76

18. 39

18.76

18.76

18.76

18.76

18.76

18.76

18.26

18.51

18.76 I

18.76

18.76

.071

.080

.075

.075

.082

.083

.082

.090

.094

.085

.090

.100

.112

.0394

. 0398

.0440

.0440

.0440

. 0392

.0382

.0441

. 0453

.0455

.0480 i

.0510

.0510

78.8

80.7

83.4

90.3

89.8

87.8

88.1

88.4

88.4

89.0

90.8 !

91.5

93.3

.32

.35

.39

.40

.37

.37

.37

.37

.37 !

.37

.38

.40

.41

.323

. 330

.337

.348

.350

. 352

.356

.356

.352 j

.354

.359 |

. 355

.367

.075

.073

.076

.083

.091

.086

.088

.092

.095 !

.092

.088 |

.092

.094

64.2

64.5

65.5

eao

66.3

67.8

68.4

73.3

74.2

73.2

76.0

78.1

80.1

11. 23

11.21

11.27

10.97

10.64

11. 25

11.64

12.12

12.68

12.86

12.82

12.99

13.25

24. 35

25. 63

25.48

25. 29

25.76

25. 98

28.33

29/74

31.14

31.65

31.33

31.73

33. 40

26.31

26. 49

27.21

27.68

27.82

28.15

28.82

28.32

29. 66

28. 42

30.73

32.51

33.44

.164

. 15')

.148

.144

.129

.129

.113

.160

.169

.178

.195

.195

.195

.175
10. 200
4.64
2. 00
4.98

.173
9.250
5.41
1.63
5.70

.165
8.656
5.71
1.63
5.94

.158
8.620
6.35
1.98
5.95

.145
7.250
6.24
2.56
6.05

.145
7.320
6.39
1.55
6.98

.155
7.675
6.40
2.44
8.36

.172
8.563
7.08
3.29
8.76

.180
9.075
7.18
3.79
8.27

.196
9.106
6.73
3.69
8.31

.205
10.00
7.34
3.44
7.98

.205
10. 58
7.94
2.93
7.40

.205
10.31
8.86
3.38
7.13

.172

.182

.186

.185

.173

.174

.182

.184

.187

.195

.207

.213

.222

.175

.173

.165

.158

.145

.145

.155

.172

.180

.196

.205

.205

.205

.35
4.75
3.00
53.5

.35
4.75
3.00
53.7

.35
4,75
3.00
56.8

.35
5.00
3.00
58.0

.35
5.65
3.10
59.4

.35
5.65
3.20
58.9

.35
5.65
3.30
60.6

.35
5.65
3.50
65.1

.40
5.65
3.50
67.1

.40
5.79
3.50
66.1

.40
6.03
3.75
67.4 |

.40
6.03
3.80
69.7

.40
6.03
3.80
68.4

.26

.23
47

.22
51

.21
62

.23
68

.27
64

.28
68

.30
72

.31
71

.32
68

.32 !
71 i

.34
73

.33
73

58.3

.133

.127

.119

.105

.106

.110

.128

.145

.145

.155

57. 000

57. 000

57. 000

57. 000

57. 000

57. 000

57. 000

57. 000

57. 000

57. 000

.710

.560

.560

.434

.238

.300

.530

.530

.594

.850

.850

.850

.850

.143
.041

.338
. 143
.039

.319
.143
.039

.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 i
.054 i
.165

.610
.141
.054
.172

.650
.141
.053
.184

.177
57. 000 i

.190

.205

62.000

62. 000

17.76
.457

18.39
.462

18. 76
.601

18.76
,767

18.76
.825

18.76
.753

18.76
.870

18.76
.908

18.26
.849

18.51
.887

18.76 !
.903

18. 76
.898

18. 76
.950

.75
3.96

.75
3.80

.75
3.87

.75
3.94

.75
4.28

.75
4.68

.75
4.70

.75
4.73

.75
4.64

.75
4.38

.75 1
4.45

.95
4.95

.95
5.29

.046
.51
2.00
4.98

.050
.41
1.63
5.70

.050
.39
1.63
5.94

.054
.38
1.98
5.95

.063
.37
2.56
6.06

.063
.37
1.55
6.98

.064
.36
2.44
8.36

.064
.35
3.29
8.76

.077
.36
3.79
8.27

.076
.37
3.69
8.31

.082
.38
3.44
7.98

:

.089

!
!
I

.44
2.93
7.40

.089
.43
3.38
7.13

6.311

6.55

6.75

6.75

6.75

6.75

6.75

6.75

6.75

6.75

6.75

6.75

6. 75

4.35

4.35

4.35

4.35

4.35

4.49

4.60

4.60

4.60

4.60

4.60 ;

4.72

4.85

3.150

3.150

3.150

3.150

3.150

3.250

3. 250

3.250

3.250

3.250

3.250

3. 450 ;

3. 550

2.315
.98
1.60

2.266
.98
1.60

2.315
.98
1.60

2.512
.98
1.60

2.364
.98
1.65

2.463
.99
1.65

2.266
.99
1.65

2.266
.99
1.65

2.561
.99
1.65

2.709
1.00
1.65

2.807
1.02
1.63

2. 709
1.02 •
1.60

2. 463
1.02
1. 60

2.18

2.18

2.20

2.19

2.20

2.19

2.21

2.22

2.23

2.22

2.22

30.61
29.00
80.00
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

31.02
29.00
8.750
1.65
84.3
15.50

31.39
29.50
8.875
1.65
84.3
15.50

31.61
30.00
9.813
1.65
84.3
15.50

31.66
30.00
10. 000
1.65
84.3
15.50

31.65
30.00
10. 063
1.65
84.3
15.50

31.70
30.00
10.219
1.63
83.0
15.50

2.20

2.19
31. 76
30.60
10. 000
1.60
81.7 :
15.50 ;

31. 95
31. 00
10. 125
1.60

81.7

15. 50

102
.052

102
. 052

104
.052

104
.053

102
.051

102
.050

102
.050

104
.050

106
.051

107
.053

107
.053

107
.053

107
.053

.034

.034

.034

.034

.035

.035

.033

.032

.033

.033

.033

.034

.033

.044
.225
60.7

.015
.225
61.5

.045
.225
62.9

.046
.225
64.2

.046
.225
65.4

.044
.225
65.4

.043
.225
66.3

044
.225
67.6

.043
.225
69.2

.045
.225
70.4

.046
.225
71.0

.046
.225
72.4

. 2281

.2276

.2468

.2575 !

.2502

.2341

.2320

. 2512

.2707

.2631

.2610 !

. 2527 ;

;

.047

.225

73.3

. 2589

SURVEY OF CURRENT BUSINESS

January, 1932

25

MONTHLY BUSINESS STATISTICS—Continued
Earlier data for items shown here may
be found in the 1931 Annual Supple- Noverni
A
ment to the Survey
| October i1 bepteniker ; August
WHOLESALE PKICES—Conttnued
Turpentine gum,
New York
_
dolls, per gal—
Wheat:
No. 1, northern spring,
Minneapolis...
dolls, per bu_.
No. 2, red winter,
Sfc. Louis
„
dolls, perbu— i
No. 2, hard winter,
Kansas City
dolls, per bu._
W heat flour:
Standard patents,
Minneapolis
dolls, per bbl
Winter straights,
Kansas City
.dolls, per bbl.
Wool:
Raw, territory, fine, scoured.dolls. per lb_.
Raw. Ohio and Pennsylvania, fleeces, l/i
blood, combing grease.- dolls, per ID-Suiting, 13 oz . _ _
.dolls, per yd
Women's dress goods, French serge,
54-in., at factory
dolls, per yd—
Worsted yarns.
dolls, per Jb—
Zinc, prime western
_—
dolls, per Ib—

0.40

0.36 j

.80 !

2.71 j

.69 |

July

1930

June

i

May

Decem- i NovemMarch i February January
ber
! ber

j April

0.36 1

0.39

0.55

0.54 !

.65

.61

.74

.48

.72

.43

.44

.68

0.44!

0. 42

0. 43

.75

. 76

.77

.75

.79

.78

. 83

. 83

.69

.69 i

.71 i

.69

0.56

0.53

0.45

.81 i

.79

.76

.79

.80

.78

.73

.73

.70

.62

.52

.59

.48

4.84

4.28

4.24

4.21

4.13

4.75

4.85

4.71

4.67

4.85

4.96 '

4. 89

4. 69

3.03

3.10

2.96 i

2.96

3.84

4.12

4. 14 ;

4. 02

4.00

4,06

4.09

!

4.03

4.14

.58

.58

.62 ;

.63

.62

.62

.63 j

.65

.66

.66

.68

.72

. 72

.21
1.400

.21
1.400

. 22 j
1.400 j

. 23
1.490

.21
1.494

.20
1.494

.20
1.494 !

.22
1.494

.22
1.543

.23
1. 601

.28

i.eoi !

.27 1
1.601 ;

.29
1.601

.0321

.925
.950
,0338

.925 l
.950!
.0374 I

.925
1.00
.0382

.925
1.00
.0389

.925
1.00
.0342

.925 i
1.00
.0331
1

.968
1.00
.0372

1. 050
1.00
. 0400

1.050
1.10
.0401

.0401 ;

1.050 <
1. 10 !

1.050 I
1.17 !
.0410 |

1.050
1.20
.0427

53
89
97
54
92
60
75

71
84
110
57
92
58
79

65
85
114
67
91
59
80

80
99
109
74
106
G5
91

76
95
109
75
106
67
90

72 '
108
77
112 i

73 !
120
108
80 :
112 i

80
130
114
80
118

:

78
96
120
74
106
03
91

94 ;

97 ;

103

119.7
186.1

184. a

119.0

118.3
180, 8

121.0 '
179.4 ;

124.0
181.8

126.4
187. 7

1.27. 0
187,6

132,8 ;'
18S. 1

137. 2 i
188.1 i

141. ^
188.0

58
11 :

63
8

93

74
7

115 :
12 :

126 ;
23 I

72
38

207
7

185
9

76
7

119
12

70 I
17 i

70
17

63

.47 i
.43

FARM; PRICES
Cotton and cottonseed (2)
rel. to 1909-14Dairy and poultry products (4) .rel. to 1909-14-.Fruits and vegetables (9).. .....rel. to 1909-14—
Grains (6)
rel. to 1909-14
Meat animals (5^
rol. to 1909-14
UP Classified (5)
rel to 1909-14
All groups (31)..
rel. to 1909-14EETAIL PRICES
Retail food index (Dept. of Labor).rei. to 1913..
lie tail coal index (Depi. of Labor) rel. to IfiJ-'i
AIRPLANES
Deliveries, military.
—
_ . number
Exports, during month .. _.
number !
Production:
Commercial aircraft _
number
Manufactured for export
number . _ j
AUTOMOBILES
Production index (Fed. Res. Bd.)
i
rol. to 1923-25 i
Production index (elect, energy con«umed)
rel to 1923-25
Passenger cars and trucks:
Production, actual —
CanadaTotal
no. of cars
Passenger cars
.no. of cars..
Trucks
no. of cars
United StatesTotal
no. of cars..
Passing?! cars
no. of cars
Taxicabs
_no. of cars
Trucks
no. of cars—
Electric industrial trucirs and tractors:
ShipmentsDomestic
number
Kxports.
number
Autos, parts and accessories, export value
...thous. of dolls__
Exports (assembled):
From Canada—
Total
no, of cars..
Passf3nger cars
_, . no. of cars
Trucks
no of car?
From United StatesTotal
no. of cars
Passenger cars
_.
no. of cars
Trucks
.
no. of cars-.
Financing:
United StatesWholesale dealers... —thous. of dolls..
Total consumers _ _ _ _ _ _ thous. of dolls..
New cars
._. tbous. of dolls. _
Used cars
...
thous. of dolls
Unclassified ._
thous. of dolls...
CanadaTotal new and used cars
and trucks
thous. of dolls. .
New cars and trucks.. thous, of dolls..
Used cars
thous. of dolls..
New passenger -car, registrations
no. of cars.,
Sales (General Motors Corp.):
Total to consumers, U. S
no. of cars..
Total to dealers, U, S
. no. of cars..
Total to dealers, including Canadian and
overseas .
_
no. of cars.
Fire-extinguishing equipment:
Shipments—
Motor vehicles
number.
Hand typos
number
Accessories and parts, shipments:
Accessories
'.
rel. to Jan., 1925...
Original equipment
rel. to Jan., 1925-..
Replacement parts
rel. to Jan., 1925—
Service parts.
rel. to Jan., 1925—
Kim production
„.„ _„_... thous. of rims..
2
Revised

http://fraser.stlouisfed.org/ 4—R2Federal Reserve Bank of St. Louis

0.37

1931

50
102

42
99
70
46
79
53
68

57
76
51
71
1 1 fi 7

47
93
83
50
86
55
72

119.1
189. 1

i
!
1
!
1
!
1

119.4 j
188,7 i
I

. .

74
87
119
74
99
02
86

57

m

18

44
15

77
21

89 1
11

150
18

212
15

257
21

288
1

40 ;

52

00

05

77

11

,

.47

•
i
;

;

ru

22(3

fi.j. 5

57. 4

53.7

43.0

55.9

71.3

89. 7

1,440

2,646
2,108 !
538

4.544
3,42e>
1.118

4, 220
3,151
1,069

6, 835
5, 5X3

12.738
10,62]
2,117 \

;

108

;

70 :

GO ;

73

77

67

68

90. 8

M.1

88, 9

17,159
14,043
3,116

12, 993
10, 483
2, 510

9, 871
7, 529
2, 342

6. 1%
4, 5.'>2

5. h22
l,'-- r
1,397

6, 407
3.527
1,880

317,163 . 336,939
271,135 286,252
310
865
45, (588
50,022

270,405
230, 834
410
45, 161

219,940
179, 890
529
39. 521

171,818
137 SOn

155,701
120,833
1 425
3-5,443

130,754
100,532
609
35,613

48
23

8-1

50
6

33
5

14,174 i 18,004

18, 491

16, 071

14,353

1,172
763
409

1, 853
1.327
526

'ssi
''SI

12,966 !: 1*\ 727
8,468 ; 11.228
4,498
5,499

17, 528
11, 526
6, 002

85

74

71. ."

74. 9
i

' SI 2
43r,

( 7^!

K), 142
57, 764
651
21,727

6*. R67
' 999
19, 6S3

140,566
109,087
141
31,338

i 187,197
; 155,321
i
104
; 31,772
37
13

C3
15

50
25

8,658 ; 10,651

11.52S

12, 755

740
542
198

934
044
290

1,021
789
232

8,055
5,099
2, 356

0,996
6, 478
3, 518

10, 183
5, 843
4,340

43,947
1 79,641
1 46,871
i 30,493
i 2,277

48, 859
95, 953
59, 307
34, 136
2, 509

19
2

16
1

5, 548

8, 492

398
275
123

630
476
154

690 :
557 i
133

3, 112
1.928
l', 184

7,707
3, 207
4, 500

8.748 !
4,577 ;
4,171 !

39 :•
4 I

2
25,
2

15, 743
48, 659
25, 431
21, 945
1,283

770
60, 692
233,196
2
25, 882
a 1,614

35,841
68,285
38,610
27.581
2,094

i
|
i

i
_

218.490 250. 640
183, 993 210,016
3f,0
180
34.317 2 40, 244

2 903
1,417
1 , 485

4, 196
2, 102
2,094

69
0

1,512
1,083 1
429

58, 178 i 72, 630
104. 698 I 109, 426
63. 568
68,571
37, 999
37,793
3, 133 ! 3, OG2

4,918
2,445 j
2,474

iu, r. i
4' 1*7

49. fclh
63, 090
92. 055
66, 1S1
55. 036
16, 86f
34. 704 ' 27, 722
1, 593
2, 315 i

1 71, 194
! 113, 045
70,561
! 39,564
i
2, 920
!

33,531

42 !
9

37
9

15,292 ;

14,080

3. Oo4
1,79*
1.2,0

3 M-,
2. MI*
1,452 ;

2.FS8
1,200
1,328

si 3- '4
4, 534

9! 09«»

(j[ 03^

r- K"

So,
T.,,0
r p ,.fl',7
3.">, 3*2
2h k^
1, 7K

?9, 633
SO, 197
31,805
26,842
1, 550

:?',*' 15
1, 532

6,254
3,376
2,878

3, 543
1, 890
1, 653

2,361
921
1, 440

2, 1P7

247,727 : 205,732

200, 841

0,317
3,440
2,877 :

:

2.954 :
'613
2,3^1

3,038
817
2,221

102, 659

124,9031 155,744

194, 322

134,133

126. 78fi

96, 054

93, 060

34, 673
23, 716

49, 042
21, 305

51,740 | 69,876
47,895
62,667

85, 054
78, 723

103, 303 ! 122,717
100, 270 i 136,778

135,603
132,629

101, 339
98, 943 i

68,976
80, 373

61. SCO
76,681

57.089
68, 252

41,757
48, 155

29, 359

25, 975

58,122

70,078

87, 449

111,668

153,730

154,252

119, 195 i

96. 003

89,349

SO, OOB

57, 157

64 i
81
28,720 j 26,334

72
29, 895

90 !
29, GS6 1

75
31,117

72
32,533

7f>
34, 248

69
5fi
29, 280 | 27, 713

113
34, 295

71
29, 213

67
79
124
85
813

61
91 i
122
102
1, 085 i

201,911

i

58
20, 624

638"

2

80
24, 729
80
37
129
69
282

66
54
138
67
505

1
|
i
!
i

66
70
127
79
924 I

61
129
128
117 '
1,508 ;

66
327
127
118
l,71fc

j

65 !
117 !
no !
;
1, 42o

53
95
99
97
1,011

46
84
98
02
681

1

55
64
100
75
567 I

f>3
62
127
80
920

26

SURVEY OF CURRENT BUSINESS

January, 1932

MONTHLY BUSINESS STATISTICS—Continued
Earlier data for items shown here may
be found in the. 1931 Annual Supplement to the Survey

1930

19,31
i , o \ e m - {)ftt)\

PI

se^j eni- ^UgUS{,

July

;

June

May

March

April

Deceru- November
ber

Febru- J antiary
ary

;

CHEMICALS AND ALLIED PRODUCTS

j!

'

Production index (Fed. Res. Bd.)
petroleum refiimg
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 1023-25
Stocks, raw material, end of
month
rel. to 1923-25..

lf>!
138.9
74.7

161 ;

142.0
74. 1

165

162

161

183

161

152

149

144

i

149

151

144.6 \
74,8 ;

137.6
75.5 ,

137.7
77.3

132.7
77.9

133.8
79.1

137.4
80.1

139.3
81.9

146.6
82.2

132.0
83.6 ; j

133.5
84.8

145.0
85.2

13° 0

M27 0

3120.4 •

117.4

119.2

123.3

129.3

129.0

132. 0

130.7

128.8 \

123.9

124.2

114.1

J20.7

99.5 •

85.3

86,7

87.9

88.4

91.5

96.5

103.2

107.7

124.2

128.5

2,22,
5, (»
l'»,G>
2 00

I, V>j
2, 1^2
lU,b%
2 uu

• 1,^2
o,26^
11,41
JL W

666
4,777
16,277
2.00

840
4,654
20.389
2,00

1,853
3, 856
24, 203
2. CO

2, 953
4,674
20,208
2.00

4, 400
5,160
27,927
2.00

7,452
4,465
28, 687
2.00

7,073
3, 468
25. 701
2. 00

8,023
5,195
22,095 ' i
2.00 :|

7.357
8,375
19,266
2.00

6,535
9,128
20,285
2.00

! -"0
1 c *>

l.SJl
^,01,

9M
4,609

2,594
4,977

1,036
3,972

1 407
4,280

1.491 j
4,768 i

1,402
5,265

1, 957
5,478

1,494
5, 862

2, 803 !
6,486 j !

1, 483 '
5,767 !

2. 392
5,937

,! ,
! .( »

1,180
'6, An

1,252
3,5^

1,238
2=616

997
2,440

1, 024
2,201

1.044 !
964
2,012 ! 1,950

1,506
2,181

1, 409
2, 449

1,570 ; ,
2,419

1,439
2S221

1,508
2,010

Chemicals
\cet'ile of lime:
Mnpments
t'uv^. • f J s
Stocks, end of mo'ith
_tl.< TIS of "h?
Pncp, wholesale. - do 1( s pei f M
Arsenic, prude:
Production .. _. . s h o i t t? o n
Mo<H \ end of m^rth
^ ~>"t ons
Vr^emc refined.
Production f _
_ . . «hc-f t r ns
Stocks, fnd o month ... - s L d t t o n s
r t h \ l alcohol
Prodm t'OTi _
then", n p ^.f e r il
\v arehoa ^ ^*ocks, end r?
IllOLth ,

tliuU17 Of T\*or,f

13.111

13,120 ;

11,162

11,929

8, 859

!„, b u

1 , 1 vj

1" ^w

17,024

14,888

16,171

14,711 ;

13.074

11. 633

11,008

9,442 ;

6,858

j j ."]

r

13.0-6

11,637

10,4,%

10,491

10,288 : 10,541

8, 785

6, 296

8,081 i

19,134

vl1-

Withdr^Ti frr deriatL r patioLOUS, rf j»»of,f grJr
v <»Uianol, cr idc
^rodu Hf n
..
riP
Stocks at cnidf pL.nt , end f f
rnoiith
_
g i T!
Suvk^ at refineile^ ^nd IP «ranvt j. ''on-*
Exports.. . .. ....
.. E 1,( ^
Mejith riol, refirvd:
Pn< e, wholesale, Ne^ ^ oik dol|c- p» r „ ,i
Pioducl'on
.. - _
p " is
Shipment 1 --- - i r \liO'
Stocks, pn* of month. _ ..
- "fl 1
Price index numbersCrude d« ujr" - - - rel. to Auv . r t »
L^eniial oJs _ _ _ _ iel. to Sue , 1 >' Drugs ii d
I harn icvuti'11}!"!. - r«l to .^ „ , 1< < i
Chemical^ _. . .
_ _ . rv t" " .
Oils^rd f.ts..
.
.. j«' f , '<«_
Clastic ] vnts, (y]'!-\v;»ter ,n nt<% c L 'd <• i ( O r._
i l > f ic p nnf:>
- tl"C
o' fi(< i
< Mi mines _ . _ . ..thuis ef <] i 1 Cold vater paints _. t b « > i s o Co\l\ mt, \ciFiiish, and lacqu«T products*
Total s ues (315 es ibh^h
merits)
tl ou<* f d o , '
Trade s lies
thou> , i d r t . s
Industrial ^'iLs.
. . tnor c . o' doP v
T
nclis«i(ieu
v*l»thoin
ot «io!K
r
u l p h u r , piotinct] IP ( i J i r t e r l j - ; . . Ion,. ir ^ _

2

4

2. 1 , 4 •

I*} '

^ J > 107

113,892

154.473

182, 273

247, %'3

322.0*0

483, 222

465, 728

522,656 i 469,312

P'j , , )
1
, "«• ,

i<,' 'C
,,'» '

!
-57-,
»1
ln . 1 f '

»j,907 452, 4S9
M5 400 157,091

'/2<\ 543

494. K2
130.207
52,01s

520, bf> 5
36,176
5i, S.C7

415,489
105,238
30, 146

395, 855
121, 522
18, 295

302,320 244,763
89. 740 ! 93, 805
45, 139 | 90,111

3i
o , lf'
-)Si

.35
6o,Cil
12'J,8L2

.35
01,690
122, Si'*

107,
PI
1

. 3,'
118,052
257. 7P7
129,595

.40
. 35
211,073 253, 494
199,
500
141,801
569,250 499, 978

.40
228, 144
221. 279
445, 934

.40
306,373
167,309
444,119

(

1< TJ )Ort -

stocks, end of "if nth
D u l y npicit> AU
plants., _
P1 intb shut Jc^vii

._
.
.

424,736

!
.40 ,
40
i 382,547 ! 481,179
j ; 372,352 ! 477,029
I 305,055 | 294,860

US
76

118
77

128
77

130 !
79 ;•

131
82

130
81

131
80

133 1
81 ] •

137
85

!

j37
87

7
17

i ."
^
-'

157
80
62

157
m
68

157
88
G4

157 ;•
89
68

160
90
72

174
90
71

175
89
68

175 l!
90 I '
71

175 i
93
73

175
94
73

67
122
73

51
127
S3

141
80

109
165

91 !
102 ;

,

°»4
J62
81

100 ;

104

116
175
90

104
122
71 i

83 !'
90
60 |

65 i
100 ,
64

77
105
45

i ^ r^ '
*\ 07
2 k -> 5
>• •«

li ' ^ v
S U3o
r ; (.3 >
8'

14,242
8,392
85

15,112
8,802
6f 235
7K

19. 120
12,011
7, 031
84
?
808, 730

K,

10-632

110,599

92,895

90, 772

13.412

14,709

25J76 • 26,585 ! 15,424

i "

*"
«*'*
,.2

J1 -t
6, ->/
4417
4l»
»»,h">4

:

n

5( 764

l-OO

12 PS'

DOT ad •>

]4, o,
I 1 - > h+9

•* 6 "5
1
. 01S

15,967- 23,006
T4 t °fl o 2 ^4"

41'. , 7 '

. 7 ,3^

i'>2,S46

' 4 1(,

i" 'o.

. 1 ^oo

i ,r^n

io, i;.-?

4/ » 472

15 H/O
r

P. 500
r

3 ^> 106

IK ^76
2.0 77
1 i 500
319 2H

mir^
7f J

Mr 7

S ' , 0 ' 1(
1 1

SrJ 0^2
1 '(

i ^Lr

r

^.54
L75

J i> ( >

-0.148'
95 ;

1, 5 r t J

4^4

rQ

i-M' (
,U7 7'
1'7, «

3 S2<
^H'> i1 «
-17, f)S3

10 %<'
/OK '17
P'.^-ii

o
2^ 0J
1 j. C^

270, "12
1114S)

2)'»
9 r <l
i f c ^ ''7

IS'.fQ 0
PO,-4P

^7,1%
,LM'f>5

^T

14^n
' 4<
2<./f,if
Ji',")S

r

>4"«
20'i, M?
2-51,0?;

" l ' i , l 4 """9;o"'
^"4
P^,Q8^
'-JtH'i

Production..
t ms. of lb.Stocks, end of month - fhous jflps
* By 74 ftrtili'er com Darn s •/r^ratii ; J04 ulanr,.




215 443
59. 197
40,814

U^
7)

14.11°
1° 7 "

f'ott , seed,
^'on^uiripti >n (,r ru <!»/ .. .. _. Rhort ton "*_
Receipts aS m.lls. __ *houP o short * n«;
8to< v s f*t mills, erid of i^ont'r
thoa tf *b"~ '.HIPottonseed rako ana i 'oal.
Ki;orts
.
fho'i ton c
ProauctioTj.
_
sn K t ton
Stocks, end of inrnth... __
^L^ t to Ti s _
n
ottonsped oil, (pj^e:
!rodu(tion
„ _ „ _ , ...t^ou o f P s
Stocks, end of month. . . Thru 4 - nf i^s
(""ottonoeed ".], rerinedFactor j consumption
%
Tct^s1 fqtiarterlv)
thors o f 1 ^ .
In oleoi iart,drme. - thuiis. « f i v
Prioe, yelhAv, prime, Xe v ^ Oik

:
;

J1S
t

IS, 60"

co--":
. «.< rt ! -

20 ; 070

i ,
vi

(l

s

Price vv holt sale 66°
_ .dr'K j « t tun
Synthetic d>e«5, import^
.
p( md
Wood at distillation plnni ^'

8,304
!

~o, M
1«)',Ubl

f

1

!

20,861

-N ,4^
h ,lf>i

^ ip

c
Porohase
FroTu ierti! z^r m tn « ictu~c s
_ __
_ _ &hoit t(
Fn m IK" 'ortshzer mar»> f i tun* r

11,869 I: 17,770 ;

.059
11,968
212,371

, ""^

T ^>«

19,739
44,1*4
13 1
32
26

33

. 0.'IP
16. 26S
277^,;-:

116,447

li 6 1
1" 814
AOd 9 s 31') 050
F

671,0 ^

02 248

21,414

ul,4C-*

50^
^72

o 0"
'f^T

87,014 ! 155.373
37 ;
44

14. 269
7,844
6, 282
144

13,586
11,600
7, 399
6, 171 !
6,047 i 5,289 !
141
140
_ ,_
3fi78. 119 !

13,821
7, 649
6,025
147

146,458

103,647

184, 030 i 186,656

185,472

26, l-<)
*>00, 18
15 *>OM
218,844

35, 594
376, 076
15.500
1 ->2, 477

41,282
59, 244 ! 51,472
304, 745 438,836 ; 308,992
15. 500
15.500 '•• 15 500
181, 775 i 306,318
336,026

i« 607
3~< , 149

44. 933 I 51, 390 I 46,814 :•
397,78* 393,770 i 448,007 i
2, 499 1
368 i

280,837
111
207

"97

6, ' ^1

2^6, 00^

r,750
n r 144
303, r,45

62469
^,048

PQ 7Q4
60, ^-78

1^012 ~~~!,~26o~j~~~l,~447"

'276,906
1, 621

.068
30,398
348,438

'Revised.

105,250

17, 972
10, 461
7,431
81 !
« 649, 595

85

1^726
"H 919

8 Z 6~

22,600 1 21,689
14, 430 ' 13, 477
8 5 071 ! 7,999
100
213

i

45

I
i, ,04
2C5
c
\1 | 2 } 44
1^0, ? 0( 19 136

->, 9^
* 91

!

^3 <^r^

223 0^

2 OP
32,8 o

75 > ^,

i

377 '

3,147
190, 314
363, 201

2,519 ; 2,519
412 •
560

! "578 1 '" 2793

620 |"

991 ;

z ],C83

11, 084
7,538 '•
1,580
270, 965 305, 019 2 358, 580
343, 665 ; 298, 139 2 254, 075

124, 392 i 181,221
104, 910 1 127,739

:

201,621 2 237,913
114,248 2 114,845
2 328,614
2,178

2,091

.073
,073
.072
.070
130,556 1 150,998 ; 188, 823 2 213, 906
494, 882 461, 776 ! 428, 609 i 2 350, 925
Qnarl er ended in month indicatec .

.069 i
.076
38,470 i 76,852
406,237 ; 462.881
3

401, 736 i 589,911
219
1 58 j

42,888
478,962

,076
115.302
491,503

27

SURVEY OF CURRENT BUSINESS

January, 1932

MONTHLY BUSINESS STATISTICS—Continued
Earlier data for items shown here may
be found in the 1331 Annual Supplement to the Survey

1931

xr nvoni
bor i

October

September

\ugu-st,

CSIEMICALS AND ALLIED P&OD- 1
UCTS— Continued
i
|
Chemicals— Continued
Explosives
1
!
Explosives, black powder, permissible and I
j
other high explosives:
New orders
thous. oflbs..!
26,970 25. 803 25,437 !i
Production
.
thous. of Ibs. ! 25,282 26, 598 24,548
Shipments
thous. of Ibs i
i 25. fiin 27, 408 24,867 !
Stocks, end of month
.thous. of lbs~
17, 888
! 18,151
19,956
Fats and Oils
Animal fats (quarterly):
3176,221
Factory consumption.thous. of Ibs..
3491, 837
Production.- . __
thous. of Ibs
3230, 999
Stocks, end of quarter
.-thous. of Ibs.. |
i_...
Animal glues:
!
* 20, 847
Production (quarterly)., .-.thous. of Ibs. i _ . i
3 61, 848
Stocks, end of quarter.
thous. of Ibs.. L...
Coconut or copra oil:
Factory consumption-!
i
3137, 730
Crude (quarterly) ~ _ . thous. of Ibs
Refined—
3 78, 496
Total (quarterly) _ _ . thous. of Ibs,.
! 13,859
In oleomargarine
thous. oflbs,. !
10, 947
9,473
Imports
.-thous. of lbs._ 25,186 30,784 29, 455 18,228
Production (quarterly) —
3
Crude .
.
thous. oflbs.
61, 388
i
Refined
thous of Ibs '•
3 68, 682
Stocks, end of quarter3201, 036
Crude.
thous. of lbs._L-~
i
Refined
. thous. of Ibs !
1
8 17, 516
Copra:
Factory consumption (quarterly)
i
_ . short tors
s 49, 024
Imports
short tons
20,953 | 19,352
19, 832
20,207
Stocks, end of quarter
short tons
3 23, 795
Edible gelatin:
Production (quarterly)
thous of Ibs
» 1, 625
Stocks, end of quarter _ _ thous. of Ibs
3 6, 543
Fish oils:
Factory consumption (quarterly)
8
!
thous. of Ibs
52, 497
Production (quar erly)
thous. of Ibs.
» 29, 847
Stocks, end of quarter
thous. of Ibs..
3247, 638
Greases:
Factory consumption (quarterly)
thous. of lbs._
* 51, 941
Production (quarterly).. ... thous, of Ibs
3s 90, 056
i
Stocks, end of quarter
thous. of lbs_.
81, 072
Lard compounds:
Production (quarterly)
thous. of Ibs, .
3276, 713
Stocks, end of quarter
thous. of lbs__
3 21, 718
Oleomargarine:
Consumption
thous. of lbs._ 22, 838 23, 401 19, 499
16,483 !
Production
thous. of lbs__
... 23,965
16,075
18, 836
Vegetable oils:
Exports
,
thous. of Ibs.. 1,070
1,814
455
1,025 j
Factory consumption (quarterly)
_. mills, of Ibs
M89
Imports
thous. of Ibs.. 66, 677 59, 225 50, 633 63,096
Production (quarterly)
mills, of Ibs..
3441 .
1
Stocks, end of quarter—
3
Crude.thous. of Ibs..
591, 342
3
Refined
thous of Ibs
209, 759
Fertilizer
Consumption, Southern States
_
thous of short tons
40
66
94
91
Imports:
Total.
_ _
long tons
120 8?2 146, 700 127,599
Nitrogenous., . long tons ....
47,935 i
61,904
70, 022
Other fertilizers
long tons
4,763 !
5 516
4,063
Phosphates
long tons-. ...
9,858 i
| 3!331
6,175
Potash
long tons
65,043 I
12,872 j 50,071
68, 440
Exports:
Total. _ _
long tons
94 416 127,953 115,207 !!
Nitrogenous
-long tons
7, 554
7,682
13, 452
Other fertilizers
lonf tons
1,425 i
5 550
3,863
Phosphate material..long tons..
75,114 115, 621 105,717
Prepared fertilizer
long tons
300
915
383 !
Nitrate of soda, imports. .thous. of long tons..
30
34
49
35 j
Superphosphate (acid phosphate):
142
_
141
162 I
Production
thous. of short tons
85
58 j
Shipments
thous. of short tons..
119
Stocks, end of month
thous. of short tons_. ,.......1, 237
1,275
1,285
Flaxseed
1,234
1,468
2,469
Flaxseed, imports
__
thous. of b u _ _
1,339 |
Linseed cake and meal:
Exports....,__
thous. of ibs__ 42, 782 49, 027 48, 615 57,736
Shipments from Minneapolis
_. _ _.
thous. of Ibs
13,972
........ 14,354
17, 385
Linseed oil:
Factory consumption (quarterly)
thous of Ibs
3 70, 504
.083 |
Price, New York....... _._..dolls. per ib..|
.075
.073. 076
Shipments from Minneapolis
____
thous. of Ibs..
Stocks at factories (quarterly)
_. .
,_
_.,.__thous. of lbs__

»Revised,



July

June

May

j April

j Deceni- NovemJjaarrinrv
ndar
March 1 February
y
ber
ber

25,058
25,068
25,150
20,304

26, 719
25. 981
26, 611
20, 404

26,441
26,960
27, 379
21, 115

i
I
I
i

26,730
25,414
26, 598
20, 929

6, 806

«107, 508

5,675 !

28,721
27,647
28, 000
20, 639

„„'.._.

*8 1 66. 069
559, 688
!
276, 983 „

3

J313Q. 128

6,169
34,845

8

18,012

i» 201, 932 ...
» 16 869

„,..„

206, 123
* 16, 039

* 63, 434
17, 179
8
j 7, 491

i
1

8
4
!

549
8, 642

! '44,620
! « 11, 587
!» 215, 405

.

« 55, 715
* 94, 985
* 83, 074

i 8 53, 346
,. ...
: • 95, 948 ..
.._._'.._.„.„! • 70,012 ..

»8278, 216
25, 140

™,._. ; ....
...J...

13, 180
12, 636

15, 460
14, 912

1,008

1, 775

2S 358

!

2, 154 |

165

1, 132

3, 831

19,751 27,237
27,593
20,335 | 25,740 j 28,969
2,947

4,775

2,086

......... : « 1,076
! 72,142
72,028
L. .... . » 1,007
1
J 635, 271
i
. 8 469, 807

30, 631
29, 633

2,294
75, 352

343

74

»72

'!! 107,198
68,250
! 3,864
j 9,760
! 25,324

95, 798
66, 044
5,891
4,157
19, 706

104,049
18,336
4,734
80,696
'283
68

i 92,463 | 71,933
i 13,331 ,! 5,164
i 5.117 ! 1,510
1 73,520 ,-| 64,721
I
495 !
538
!
46 |
36

92, 258
11,914
4, 599
74, 803
882
35

146
65

162 !
106 j

1,158

1,060

996 I

1,685

1,150

1,496 |

8,285

_.'i»331,412
* 26, 672

! 137,172
!
82,466
! 6,764
i 6,279
! 41,663

143
63

,091

1 i 42, 675
« 25,364
: 3 197, 758

640

89,194 1 107,918 ;
7,690 ; 6,637 i
1,926
9,498 !
79,472 i 91,049 \
734 i
106
34 |
30

7, 653

L .
L__
i ..

141,421
98,435
5,438
3,726
33,822

89,409
7,078
1,164
80,670
497
19

39, 768

«4,434
»8>224

1, 352

59,970
37,998
3,983
3,339
14,650

11,414

^
! _.

33, 886

! 72, 159 143, 250 ! 255, 905
1 46,602 102,342 170,587
' 3, 019
5, 124 i 9, 766
i 4, 832 i 5, 578 ! 15, 158
1 17,706
30,206 ! 60,394

74 I

97,358
24,730
902
3,768
67,958

53,225

. >* 158,846
; : s 21, 993

.... ... 8 49,494
I
_ !i « 89, 338
„.!._
» 77, 791

;
_
»829
»588
79,809
75, 470
72, 280 : 52, 463 j 68, 238
74,285
...
.
!
i 674 .. ....
»390
-- I
3
!» 610, 812
517, 909 !
13
531 606
> 386, 176

25

» 90, 921
84, 264

.

^ 291, 386 .„„..._.
|—
; * 26, 081

17, 160 1 19, 573
19, 618 I 21, 154

17,111
20, 477

8

i i 71,229 . .
- i ' 7 1 , 134
18,927 ; 25,890
33, 133 I 34, 056
37, 419
* 27 167
!
* 41, 077

8
4 415
* 8, 647 . .

9,289
11,271

-

:
i

!

17,871

* 54, 465
» 4, 647
« 262, 106 -

!

28,847
30,248
30,229
16,346

159, 546

8
'
90, 307
11,492 ; 14,873 i i 16,491
44,034
24,690
30,952

91, 446 ...... .
'
> 66 268

;

a

'<

8

81, 899 .... — .* 87, 351
8

1

138 255

24,404
24,024
22,974
17,303

!88 154, 560
; 515 764
. » 191, 906
!
3
23. 515
;3 51 055

._._'..

* 75 479
il, 329 ! 12,088
26,862 | 27,550

8,466
15,970

26,714
24,058
25,201
17,372

' 33 23 348
54 991

s 23. 357 ......

» 78, 348
7,105
31, 000

25,448
28,751
27,543
20,219

'»1 164, 951
618, 459
3224,398

1 3 58 757

3141,205

4,410

1930
1

38, 172

11,921

326 i
103 i

336
70

303
78

1, 101

1, 836

2,287 !
i

2,292 j
(]

2,110

1,877

827

1,313

952

352

39, 847

12, 145 i 17, 827

» 78, 200 ' _

:
:

12, 792 1 11,552
_

i

249 !
131 !

J. ........I » 74, 092
.088
.092 ! .095
'•118 417

3 95, 544 •
.086
130, 635

j

226
305

195 i
407 j

30, 818

8, 432 [

1

6,788 ,

150,128 ! 112,725
25,146 !, 19,819
10,829
7,755
113,017 !' 84,682
1,136
469
67
120

..j'113.192

» C uarter en ded in month Indicated,

219

387

18,238 i 10,853 ![ 33,596

25,986

11,046

17,227 | 16,824

17, 315

; 388,894
.092
3131 257

.094

!..
.092 i
i
9,594

,088

8,553 !

7,385

.__.JI»113,423

10, 199

28

SURVEY OF CURRENT BUSINESS

January, 1932

MONTHLY BUSINESS STATISTICS—Continued
Earlier data for items shown here may
be found in the 1931 Annual Supplement to the Survey

1930

1931
Nl

£r-i October JS^I August

July

1

!

;

j

:

|

'

]

1,452 :!
924
1,422 |

:

CHEMICALS AND ALLIED PRODUCTS— Continued

June

May

April j March

Flaxseed— Continued

^f" November

|

Minneapolis and Duluth:
Receipts
.
. thous. of V>u .
Shipments
„ _ _ „ _ thous, of bu._
Stocks, end of month
thous. of bu...
Oi! mills (quarterly) —
Consumption, - __
thous. of bn__
Stocks, end of quarter
thous. of but .
Price, No. 1, Minneapolis
dolls, per bu_.
Production, crop estimate ...
thous. of bu.. *
Naval Stores
Pine oil:
Production
,
gallons...
Stocks, end of month
thous. of gals..
Rosin, gum:
Net receipts, Southern ports
bbls..
Price, "B," New York
dolls, per bbl_.
Stocks at 3 ports, end of month
bbls_.
Rosin, wood:
Production. _
„
bhls__
Stocks, end of month
bbls
Turpentine, gum:
Net receipts, Southern ports
bbls...
Price, New York
dolls, per gal__
Stocks at port, end of month
bbls..
Turpentine, wood:
Production
bbls
Stocks, end of month
.
... __bbls_.

Febru- January
ary

D

378
3^6
G7o

789
501
790

468
424
7S4

1.64

» 7, 205
» 1, 198
1.48

140,690 I 176.973 1 172,539 ; 114,205 ' 210,711
1,829 | 1,860 ,! 1,845 ;
1,866 ,
2,000

i,U2G :
J , ] 59 '
I,fi05 :

2,766
786 ;
1,381 !

2,436 ;1
' 406
747 !

498
185
1,205

426
286
1,293

491
243
877

1.55

i » 6, 571
! * 2, 345
1.57 |
1.58

1.56

1. 57

231, 207
2,013

210, 012
1,958

219,053 208,690
1,903 ;
1,882

220, 066
1, 839

144,440
1, 769

229,737
1, 799

229, 979
1,708

95,042 ! 101,157 1 116,630 : 129,018 ' 156,810 " 165, 500
3. 90 |
3. 80 !
3. 87 .'
3. 94 •
4 2h
4.68
497, 438 4G5, 466 ! 459, 588 j 449, 173 439, 241 436, 480

120, 819
4.70
351, 548

88,741 [ 38,977
4.73
4.64
310,576 ; 266,056

27, 322
4. 38
300, 695

41,345 ' i 117,489
4.45 '
4.95
329,626 ; 372,090

107, 414
5.29
323, 142

33, 593
124, 830

35,585 ! 33,544
126,534 125,919

32, 332
130, 490

24,488 '! 34,332
125,630 ; 122,318

38, 931
119,727

!

„ __j
1.46
11,018 :

\ 37,010 ::

!

i a 4,241
1,32 i
1.37
!

;

!

1.41
i

1

i

j

;

3 9<>') ;
5^231 i

3 797
4^817 ;

2 607 !
5^358 |

»7,391
l 4, 472
1. 61
, 5 21, 240

1,424
1,910
1,411

!

34, 747
126, 289

|

23,147 1 3f) 8^9 I 28 995 i 37 112 ! 53,459
-40 !
.36 !
.37 i
.36 1
.39
119,388 i 120,953 j 115,178 i 114,421 122,214
3, 547 <
5,143

709
517
1, 386

1. 65

j

i

21,440 i 26,102! 25,058* 17, 074 i 28,495
93, 112 : 101, 537 108,350 1 112,295 j 131,942
;

309 !
314 i
973 1

4 370
5,307

Ivoolmjjr
i
\
>
I
Dry roofing felt:
Production
_
..short tons.. 12,028 i 16,116 ; 18,356' 17, 143 i 16,747
Stocks, end of month .,
short tons.. 5,456 | 5,021 ! 4,834
4,761 ! 4,908
Prepared roofing, shipments:
Grit roll
thous of ^qs
574
711
568 •
532
Shingles —
Individual and single thickness
,__..
thous. of sqs_.
130
153
136
127
Strip, patented, and hexagon
_„_
thous. of scjs..
470 j
535
466 1
435
Smooth roll
thous. of sqs . _ _ _
i 128
1 198
1 067 '
-S73
Total
. -thous. of sqs
2,302
2-597
2*237 ' 2,017

5,354
.45
58, 202

7,228 i 27,482
.44 i
.42
68,320 .1 84,911

28, 107
.43
95rS60

5,740
9,987

5,634
13, 537

4,757 . :
14,437

6,200
15,799

6,584
13,895

16,643
5,378

13, 787
4, 677

13,045
4,759

8,106
3,731

8, 944
4,036

333

330

322

242

372

26,102 ;
9,511
'.56
.53
53,393 : 45,232

52, 345
.55
101, 905

37, 026
.54
66, 248

5, 675
4, 535

5,996
4,727

16, 795
4,398

19, 998
4,092

520

570

633 i

131

155

148

512
843
2,006

541
965
2,230

555
967
2,202

6,344 I
8,383

18,001
4,360

;

:

:

62

60

51

63

86

329
702
1,456

277
714
1,381

249
773
1,395

238
583
1,126

283
742
1,484

FOODSTUFFS
Production index:
Food products (Fed, Res.
Bd.)_
—
_.—rel. to 1923-25._
91
» 91 :
92 i
88 1
88
Food and kindred products
(elect, energy consumed) .rel. to 1923-25. . 144. 0
136. 5 i 142. 0
146. 4 '
147. 0
Stocks, manufactured
foodstuffs
rel. to 1923-25
65.9
*68.1 i *81.3
97.4
111.1
Stocks, raw foodstuffs
rel. to 1923-25
205. 8 2 201. 4 i 204. 1
213. 1
191. 7
Candy
Sales by manufacturers^ _ . ..thous, of dolls i 23,206 24,110 22,965 15,558^ 12,176
Cocoa
Shipments from Gold and Nigerian
Coasts, Africa
long tons
23, 080 ! 7, 256
6, 663
4, 355
7, 783
Imports
long tons
g 152
14 104
13 546
17,746
Spot price, Accra, New York
dolls, per lb_. .0494 | .0475 i .0463
.0525 \ .0581
Coffee
Clearances:
Total, Brazil for United
States
thous. 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
_._..._tbous. of bags..
World
-thous, of bags..

I
I

I
l

I
l

83

91

96

87

92

89

94

136.2

126.8

122.0

116.8

122.0

118.3

93 i

107.1

124,4

106.3
178.2

97.0
189.7

96. 1
193. 7

93. 5
202. 1

97.3
197.9

95. 5
194.8

89. 1
205.1

88.6
200.0

15, 512

15,680

21,608

22,062

21,444

21,948

28,727

29, 500

11,870
14, 892
.0563

11,720
22, 520
.0494

33,864
20,242
.0535

48,353
20,942
.0550

51,550
13, 696
.0563

39, 278
16,418
.0619

21, 756
13,700
.0675

18, 888
6, 338
.0688

889
1,590
1,289
.064
1,648

952
1,647
1,094
.068
1,697

881
1,590
1,098
.070
1,494

514
1, 080
967
.079
1,549

1,148
5,963

1,161
6,879

866
5,455 ,

929
5,188

817
5,014

!
'

:

870
1,529 i
936 !:
.063
2,319 i

805
1,485
907
,058
1,711

i
!
I
I
!

711
1,263
794 '
.056
1,533

592 .'
1,216 i
884 !
.056 i
1,495 ;

530
1,161
1,100
.063
1,462

760
1,504
1,037
.068
1,535

643
1,333
1,415
. 061
1, 755

1,080
849
1,863
1,559
1,126
1,407
.053
.056
1,550 ; 1,565

1,639 ;
C, 755 i

1,637 \
0,874 ;

1,555
6,578 ;

1,592 1
6,944 l

1,491
6,990

1,395
6,724

1,345
6, 286

1,088
6,136

197,536

205, 626

228, 387

1.S4, 528

160, 753

152,985

163, 6.S9

1 66, 506

154, 987

115.121
158.061
58, 522
.25

89, 172
188, 040
74, 151
.23

35, 155
174, 827
61, 813
.24

17, 195
18,010
140,676 122,954
53,566 i 48,739
.26 (
.29

30, 672
105,192
43, 251
.28

46,792
63,401
112.813 i 111,670
45,644 i 43,892
.29 |
.32

88, 012
101,950
36. 848
.36

45 088

53, 147

55, 345

47,925

46,332

38, 068

41,070

39,500

40, 035

§4, 003
11,496
148
3,413
14,190
52, 960

72, 977
4,078
119
5,121
17, 480
64, 533

55, 939
1,517
139
5, 856
12, 145
52, 563

53,172 ! 54,270
505 ;;
491
121
208
6,471 ! 4,611
11,445 ! 11,717
40,470 ! 34,388

61, 841
306
118
4, 062
10. 406
26, 379

69,471
918
129
4,123
11,600
27,543

1.: 79,015
!
4,025
!:
176
!
4,163
• 1 10,400
j 35,057

87, 171
14, 677
108
5, 041
10, 784
35, 782

68, 532
-15

58, 144
.14

42, 461
.14

40,542 I 41,836
.15 i
.16

47, 968
.16

54,499 L1 63,326
.17 I!
.18

71, 132
.19

!
'
1
Dairy Products
!
":
'
'
BUTTER
Apparent consumption
thous. of Ibs.. -.-.'•• 190, 179 189,462 203,734
Cold-storage holdings, creamery,
end of month
thous of Ibs
42,297 i 50, 164 : 80,152 I 104.678 !
Production (factory)
_ _ „ _ _ thous. of Ibs.. 112,002 i 121,062 ; 118,202 i 136,769 !
Receipts, 5 markets
thous of Ibs
44, 925 i 43, 857
42, 803 , 45, 588 !
Wholesale price, New York
dolls, per lb__
.31 1
.34 ,
.33 '
.28

!

!

CHEESE

1

i '

1

!
i
i
Total, all varieties:
Apparent consumption
thous. of Ibs
_ i 51 687 ! 46 557
45,277 :
Cold-storage holdings, end of
month
.
thous of Ibs
78, 587 ! 2 81, 743 ' 83, 426
86, 418 i
Exports, Canada . .
thous of Ibs
11,022 i 21,945 i 16,688
11,929 i
Exports, United States..... thous. of Ibs..
HO !
112 !
116
124 I
Imports, United States
thous. of Ibs. . 6,057 i 7,179 ; 5,515 4,389 1
Receipts, 5 markets
thous. of IDS
10,569! 13,588 i 11,949
14, 2G4 i
Production (factory)
thous. of Pos..
| 43,282: 38,175
43, 218 j
American whole milk:
Cold-storage holdings, end of
month
thous of Ibs
60, 606 1 64, 071 ! J 65, 802
68, 874
Wholesale price, New York. .dolls, per lb..
. 15 1
. 1(5 l
.17
. 16 I

s
* Revised*
Quarter ended in month indicated,


* As of Dec. l,

* Final estimate for 1930.

29

SURVEY OF CURRENT BUSINESS

January, 1932

MONTHLY BUSINESS STATISTICS—Continued
Earlier data for items shown here may
be found in the 1931 Annual Supplement to the Survey

1931

November

August , July
October September

June

1930

May

April

March

Febru- January Decem- November
ary
ber

FOODSTUFFS-Continued
EGGS
Cold-storage holdings, end of month:
Case
..
_-thous. of cases..
Frozen
thous. of lbs_.
Receipts, 5 markets
thous, of cases
MILK
Condensed milk:
Exports
thous of Ibs
Total stocks, manufacturers, end of
monthCase goods
thous. of Ibs. .
Bulk goods
thous. oflbs
Wholesale price, New York. dolls, per case-Evaporated milk:
Exports_
thous. oflbs
Manufacturers' stocks, end of month —
Total case goods
thous. of ibs__
Wholesale price, New York.dolls. per case-Fluid milk:
Consumption in mfr. of
oleomargarine
thous. of ibs_.
Production, Minneapolis and
St. Paul
thous. of Ibs
ReceiptsBoston, including cream thous. of qts
Greater New York
thous. of qts..
Powdered milk:
Exports
-.
thous. of Ibs _
Manufacturers' stocks, end
of month
thous. of Ibs
Net new orders
_
thous. of lbs_Production, condensed and evaporated milk
thous. of Ibs
Exports, condensed and evaporated
milk
thous. of lbs_.

3,447 2 5,745
86, 323 294,816
578

722

7, 960
103, 302
943

1,443

1,180

1,309

15, 130
8,578
4.75

17, 264
2 9, 995
4.75

20, 349
11, 007
4.75

4,240

3,610

3,659

139,844
3.00

129,802
3.00

136, 408
3.00

6-, 142

4,849

25, 224

21, 751

19, 558

19, 598
115,390

970

854

9, .507
9,016 I 9,504
110,271 |114,700 113, 513
1, 862
1,053 ! 1,180

1,862

1, 372

22,504 24,071
15.001 ! 16,221
5.00 1 5.65

23, 998
18, 992
5. 65

4,466 ! 5,892

5, 024

1,477

181,745 :275.931 275, 2SO
3.30
3.00 I 3.10

7, 887 '
106,607 1
2,236 I

5, 162
91,517
2,478

1, 893
78, 051
2, 046

408
73, 889
1, 254

1,973

1,853

1,873

1,345

19,892 ! 12,390
19,163
15,887
5.65 '•
5.65

13, 227
16, 273
5.65

13, 051
16, 171
5.79

5, 311

5,034

3, 775

230, 739 177, 754
3. 30 ,
3. 50

150, 931
3.50

136, 896
3.50

5, 114 •

1, 894
735
75, 685 ; 83, 184
768
1,026 !

4, 15-i
89,571

2, 403

1,907

1,973

13, 928
18, 594 j
6. 03

17, 803
19, 520
6, 03

20, 657
20. 885
6.03

5, 269

4, 546

4, 366

157, 152 202,070
3.80
3.76 i

211,828
3. 80

i

712
22, 900
8,205

2 23, 572
2 9, 914

26, 711
14, 331

5,38/

5,927

5,814

7, 464 i

8, 158

8, 404

32,654

36, 245

33, 026

34, 333 j

30, 310

25, 685

20,545 21,615 21, 021
115,166 1120,752 116, 580
1
1,085
1,047 I
964

21,023 1 19,877
116,117 ! 110,313

20, 312
113, 329

17, 444
101, 197

18, 352 | 18,313
110,428 1 111,345

18, 226
111,166

1,414

2,282

1,001

465

507

35,922 1 38,216 42, 628
11,062 i 11,816 11, 109
j
140,437 ! 175, 578 234, 055

43, 148
40, 502
11,047 i 12,145

41, 363
10, 606

41, 744
9, 492

38, 976
41,122
10, 253 1 8, 945

36,318
8, 733

244,229 ! 194,753

141,981 ! 140,904

132, 691

6, 453

6, 339

2,943

3, 432

24,012 | 27,436

33, 978

4,199

3,791 I
36,244

1,369

366

172, 306

144, 649

7,104

6, 907

5, 120

91,083
290

101,817
334

38, 446
300

45, 998 ! 107,333
333
406

108, 996
273

31,283 ^ 28,095
24,599 ! 30,949

38, 567
30,081

56, 560
20, 635

71,817
18, 35B j

1

85,323
17, £67

91,872
25, 967

10, 682

15,082

17,536

8, 085

17,454

141, 109

121, 599

5,683

4,790

4,968

5,943

7,754

6,396

7,087

83, 848

100, 138
539

91, 873
632

69,327
902

59,996
524

47, 423
340

59,883
384

74,667
20, 808

73,018
24, 947

68, 083
28, 439

57,518 ! 48,350
33,612 j 28,626

39, 700
25, 655

7,672

Fish

Canned salmon:
Exports, Canada
__ _ cases. _
Shipments, United States.thous. of cases. _
Cold-storage holdings, 15th of
month _
_
thous. of lbs_.
Total catch, principal ports
thous. of lbs__

j

Fruits and Vegetables
Export value, fruits and preparations
thous. of dolls-.
11,563
Apples:
Car-lot shipment
carloads.14, 339
Cold-storage holdings, end of
month
-thous. of bbls..
11,396
Production, crop estimate thous. of bu__ 4 211, 506
Citrus fruits, car-lot shipments
.carloads-11,049
Onions, car-lot shipments
. carloads-.
2,304
Potatoes, car-lot shipments
carloads
14, 368
Production, crop estimate
thous. of bu_. * 376, 248

16, 181

9,162

8,041

7,587

5,692

6,549 j

6,446

10, 717

8, 946

30, 137

12, 597

1,869

3,155

1,214

2,005 I

3,081

5,700

7,115

7,806 j

10, 705

2 2, 143

62

137

577 I

1,509

2, 917

5, 224

7, 439 i

8, 706
4,014
24, 392

5,688
3,776
16, 979

6,073 ! 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
21,032

17, 572
2, 540
23, 601

13, 980
2, 610
20, C24

17, 296

13, 124

13,439

18,750

13, 161

11,224

8,118

6,061

5,067

768
.50

717
.50

678
.42

807
.39

896 !
.45 ;

776
.48

745
.44

921
.44

5,406
4,770

5,152
4,138

5,088 ; 1,801
4,089 ; 3,449

2, 193
4,126

2,523
4,626 |

2,446
5,662

2, 484
7,840

2,246
9,583

256

165
5,912

201 j
4,665 j

556
5,168

123
5,738

151 !
5,580

206
5,492

534
5, 441

443
5,575

.38

.42

.46 !

.57

.58

.56 ;

.58

.60

.61

.53
.58

.52
.59

.52 i
.56

.53
.58

.54
.60

.54
.63

11, 320 ! 16, 152
6,561 1 8,955
8,271 j 8,536

13, 417
10, 589
7,785

11, 381 !i 17, 102
14,855
14,246
12,286 i 19,676

18, 567
12, 281
21, 998

21, 278
11,895
20, 110

81 I

9, 575
5155,982
12, 554
14, 197
2,254
3, 454
15,092
20, 971
5333,210

10, 860

11,338
2,753
16,267

Gralns
Total grain exports, including
flour..
_

thous. of bu_-

i
14, 999

6,610 :

7, 578

9,803

1, 047
.47
5 304, 601
3, 569
2,511
11,401
10, 731

964
.4.8

4,207
11,854

188
5,990

132
5,241

163
5, 434

.65

.69

.71

BARLEY
Exports
Price, No. 2, Minneapolis
Production, crop estimate
Receipts, principal markets
Visible supply, end of month

-thous. of bu._
dolls, per bu_.
."si"
4 iQS 965
thous of bu
thous. of bu _
thous. of bu._
4,963

1,014 i
.45 !

732
.44

COBN
Exports, including meal
thous. of bu_.
508
Qrindings (starch, glucose)
thous. of bu__
Prices:
No. 3, yellow, Chicago
dolls, per bu_.
.43
No. 3, yellow, Kansas
City
dolls, per bu..
.46
No. 3, white, Chicago
dolls, per bu,..
.43
Production crop estimate
thous of bu 4 9 556 863
Receipts
thous. of bu
11, 741
Shipments...
thous. of bu
4,884
Visible supply, end of mo
.__ thous. of bu..
10, 079
HAY
Receipts..... _ _
Production, crop estimate

.40
.39

.46
.44

14,414
7,211
7, 364

8,447
6,364
5, 592

5, 094

3, 959

.69
.76
17, 067
8, 396
7,411

j

number of cars
thous. of tons..

3,495

3,052

3,777 j

4,198

4,519

4,279

5, 214

4,057
5 63, 463

4,863

253
938
.23

374
770
.27

192
785
.28 |

179
822
.30

174
844
.31

120
940
.32

144
997
.32

208
1,126
.34
51,277,764

202
1, 085
.33

10,239 ! 12,963
20, 088
15, 960
12,903 ! 5,749
7, 090
7, 398
15,577 ! 7,785
18, 605 i 17, 468
* As of Dec. 1.

11,098
4,748
7,654

10,525 \ 9,871
5,294 ! 7,604
9,892 1 13,837

10,243
6, 843
19, 103

11,895
7, 123
22, 947

14, 360
13, 320
6,121 i 6, 021
1
30,504
26,650

14, 605
6,075
30, 641

« 64, 233

OATS
Exports, including meal
thous. of bu
850
Qrindings, Canada
thous. of bu._
Price No. 3, white, Chicago
dolls, per bu__
""."26"
Production, crop estimate
thous. of bu__ » 1,112, 142
Production, oatmeal, and rolled
oats, Canada.
thous. of lbs._
4~532~
Receipts, principal markets
thous. of bu._
17, 863
Visible supply, end of month.... thous. of bu__
* Revised.




.45 !
.49

.66
.73
52,060,185
27, 367
19, 320
10, 925
12,611
16, 993
17, 562
.59
.68

857
1, 506
.23

627
1, 166
.22

5,001
1
1
i
429 !
836 !
.21

* Final estimate for 1930.

SURVEY OF CURRENT BUSINESS

30

January, 1932

MONTHLY BUSINESS STATISTICS—Continued
1931

Earlier data for items shown here may 1
be found in the 1931 Annual Supple- \ *~

ment to the Survey

j ^^

FOODSTUFFS— Continued

October Septan-'

August

Ju}y

June

|

May

1930

Decem- November
ber

April I March

]

|

RICE

j
Exports
pockets (100 Ibs.) 1 380 658 322,302
Imports
pockets (100 Ibs.) _| 4 11,859
9,397
Production, crop estimate ,
tfious. of be _ . j 45, 014 - Shipments:
i
Total from
i
mills
tbous. of pockets (100 Ibs.). J
1,216 1,396
New Orleans
pockets ( 100 1'os.) ' 136,328 199 965
Southern paddy, receipts at
mills
tboii". of bbls i 1,408
1 810
Stocks, end of
i
;
month
thous of pockets (100 Ibs.) i 2 051
1 805
11 YE

Exports, including
flour
Price No, 2, Minneapolis..
Production, crop estimate.
Receipts, principal markets
Visible supply, end of month...

87,630 1 108,181 100,899 239,358 1 260,949 \ 203,519 : 211,843 259,578 ! 376,000
3,756 ; 4,475
5,443 ; 10,009 i 50,472 j 38,748 ; 41,223 37,821 41,891
404 1
601 i
617 :
780
37,121 \ 75,732 ; 88,718 : 68,753

875 !
427
139,048 78,269

864
68,349

;

933 i 1,119
74,629 | 75,643

413, 674
27, 504
3 44, 299

383, 517
29, 294

1, 003
75, 426

1, 208
126, 781

1,455

382

172

323

520

566 ;

599

864

1,147

844

1,257

1,305

683

848 \

1,051

1,293

1,388

1,561

1,790

1,793

1, 678

1,776

27
,39

14
.38

10
.37

19
.37

3
.38

1,311
8,922

1,137
8,267

16,843
8,397
11,588

|

thous. of bu J
27
dolls, per bu.J 4
. 51 i
thous. of bu.J 32,746 \!
thous. of bu i
thous. of bu !
_
i

9
.41
- 1, 213
9,186

WHEAT
1
;
Exports:
I
!
Canada, including wheat
j!
; 1
flour
thous. of bu
2^ 594 2 436
United States—
I
:
Wheat only
tbous. of bu j 9 519 !' 11 873
Including wheat Clour.— thous. of bu..'i 13, 380 15^ 406
Export value of wheat and flour
i
]
, thous. of dolls _i 8,510 '• 8,751
Stocks, held by mills (quarterly),, thous, of bu-_!
.
;....._._.,
Prices:
|
i
» No. 1* northern spring,
j
2
Minneapolis,,-.-.
..dolls, per bu.J
.80;
.71
No. 2, red winter, St, Louis. .dolls, per bu.J
.62
.52
No. 2, hard winter,
j
i
Kansas City.
...dolls, per bu..i
.59!
,48
Production, crop estimate:
i
j
Total
_> _.
..... thous. of bu.J 4 892, 271 i
..
Winter wheat
....thous. of bu_.i*787,465 i
Spring wheat .. - ~~. thous. of bu -104,806 !;
Receipts
.. .. ..
tbous. of bu J, 26,405 32,058
Shipments
thous, nf bu i 29,470 26851
Visible supply, end of month:
!
Canada
tbous. of bu ; 189,675 161 912
United States
thous. of bu ! 230, 147 231, 049

15
.37 :

29
.36

3
.35 ,:

34
.36 ;

4
.43

472
8,687

862
8,730

1,035 •
8,540

880
9,262

855
10, 440

716
11, 110

884
11,911

4
.44
( 45 379
1,356
12, 644 ;

14,258

14,107

22,988

31, 687 !

6, 148

15, 521

12, 165

11,373

24, 939

34, 782

8;901
11,731

12,731
17,253

8,136
11, 842

6,406 1
9,956 i

3,531
6,954

1, 357
4,574

137
3, 564

1,289
6,543

2,173
6, 187

3,266
8,470

6,769
7,039
H39,002 _
...;

11,561

8, 805
s 38, 771

7,443

5,671

3,882
81, 841

3,234

4,864

6,278
137,194

7,833

.77
.83

.75
.83

.71

.69

;

;

1

3

.69
.47

.65
.47 ,!

.61
.48

.74
.72

.81 :
.79 i

.79
.80

,76
.78

,75
.79

,76
.78 I

.43

.43

. 44

.68

.73

,73

.70

.69

.69 1

• 858, 160
snm 840

i
61,463 ' 104,047
45,747 ! 65,987

29, 656
30, 385

122,199 101,300 i 116,462
239,431 ; 242,846 : 217,526

122, 318
190, 702

38,877
28,325

1, 640
13, 316

1 ,9*fi' r^9O

30,863 i 21,230
24,061 | 16,601

30, 833
15, 570

30, 672
14, 817

136,856 i 160,750 180, 253
197,563 i 199,561 207, 138

183, 704
201, 862

j
j
i
Consumption (computed)
tbous. of bbls i
.J 10,462
9,898
9,843 j 7,642
6, 666
8,711
Exports:
!j
j
Canada
thous. of bbls
476 i
558
557
522 1
467
490
481
United States
thous. of bbls i
858 !
785
824
709
640 ! 1,005
789
Grindings of wheat:
i
6,772
5,992
5,932
Canada...
thous, of bu..L
...'
7,565
5,033
5,304
United States.. ....
_. thous. of bu.J
47, 473 44,569 44,412 ! 45, 362 35, 893 36,946
Prices, wholesale:
j
Standard patents,, Minneapolis
!
;
dolls, per bbl 1
4.84
428
4.24 |
4.21
4.13
4.75
4.85
Winter, straights. Kansas City
!
i
dolls, per bbl
3. 03
3. 10
2. 98 !
2. 96
3. 16
4.12
4.14
Production:
I
Canada
thous. of bbls u.
1,694
1,518
1,333
1,319
1,121
1,183
United States—
|
Actual (Census)tbous. of bbls.. 1
.
\ 10,401
9, 735
9, 658 1 9, 852
7, 763
8,015
9,847
Prorated (Russells')-— thous. of bbls. J — —
j 11, 112 10,611 10,614
7,981
8, 739
Capacity
percent i
_ _ _ _ J 60
61
58 i
59
47
50
Grain offal
...thous. of lbs..|
----- 328,523 781,318 ! 785,108 ] 802,424 647, 400 663, 303
Stocks:
i
All positions (computed)
i
end of month
*hous of bbls i
6, 000
6,135
6,131 i 6,000
4, 800
4,857
Held by mills (quarterly) ..thous, of bbis.-j
.... .
« 3,532
,..J
* 2, 830

29,496 i
13,706 |

21, 549
15, 053

24, 597
20, 955

193, 858
197, 219

205, 854
195, 716

197, 998
202, 475

WHEAT FLOUR

MEATS

|

8,281

8,654

8, 738

9,622

9,846

i
j

326
761

561
715

415
762

392
945

602
892

792
1,156

! 4,719
| 39,127

5, 169
40, 137

4,607
37, 939

4, 834
42, 529

5,226
41, 307

7,789
42, 428

4.71

4.67

4.85

4.96

4.89

4.69

4.02

4.00

4.06

4.09

4.03

4.14

1,058

1,164

1,035

1,086

1,170

1,739

8,242
9,232
8,724
9,275
9,937
8,750
52
65
56
713, 507 678, 795 761,935

| 8,973
i
9,888
!
54
| 739, 243

9,184
10, 403
60
762, 108

j
!
1

i 8,494
! 9, 134
i
51
1 702, 189

10, 59

5,618

5,526
« 3, 712

5, 620

6,370

7,000
t 4 nif,

7,850

8,477

10, 082

10, 576

12,204

9,819

11, 039

421, 252

379, 405

335, 603

384,754 ! 397,741

331, 945

53, 150
981
412, 757

61, 111
1,444
374, 151

67, 622 72, 398 ! 75, 285
961
9 0 2 i ; 1S207
330, 321 381,531 398,741

73, 392
1,491
342, 405

1,038
1,617

960
1,535

812
1,303

897
1,508 |

1,015
1,736

823
1,696

175
581

146
546

147
486

222 I.'
607 i

332
1,015

478
873

i

Export value, meats and fats.-thous. of dolls. J

6,020

7, 145

6,321

]

6,386

6,821

7,074

7,791

CATTLE AND BEKF
Beef products:
Apparent consumption
... thous. of Ibs. .| 345,024 :* 448, 863 404,928 432,312 ! 416,822 404, 731 424. 872
Cold-storage holdings, end of month
|
_
._. -...thous, of Ibs. J 39,170 331,407 35,171 39,050 i 41,055 45, 548 49, 448 I
Exports
.....
thous. of Ibs.. i 1,189 ' 1,604
2,077
1,837 1,497
1,573
1,468 i
Production, inspected..
.thons. of Ibs.. 1 319.598 446,798 400,752 430,595 411,952 400, 529 419, 124 i
Cattle movements, primary markets;
!
Local slaughter
thousands
905
1 037
961
1,009 !
930
968
980
Receipts.
.. ..
.. .thousands
1,866
2,137
1,797
1,821 i 1,488
1,540
1,551
Shipments, stocks? and feeder
i
thousands
487
582
381
251
124
111
153
Shipments, total—
._ ....thousands.-!
905
1,098
552
861
756 ;
561
661
Prices:
1
Beef, fresh, carcass, good native steers, i
Chicago-,.
.
-dolls, per lb..i
.164
.156
. 148
. 144
. 129
.12S
. 143
Beef, fresh, carcass, steers, New York
j
—
.
dolh. perlb.-;
.175'
.173
.165
.158
.145
.145
.155
Cattle, corn fed, Chicago
i
...
_...__,._....... .dolls, per 100 Ibs— ' 10.20
9.25
7.32
8. 66
8. 62
7. 25
7.68
s
3
Revised,
Quarter ended in mouth indicated.
* As of Dec. 1.




l!

. 160

.169

.178

.195

.195

.195

,172

. 180

, 196

.205

.205

.205

8.56

9.08
9.11
10. 00
10. 58
s
Final estimate for 1930,

10.31

:

SURVEY OF CURRENT BUSINESS

January, 1932

31

MONTHLY BUSINESS STATISTICS—Continued
lf):31

Earlier data for items shown here may
be found in the 1931 Annual Supple- Novemment to the Survey
October
ber

S

^

m

' August

July

19 30

June j May
!

•" "-•

1
j

FOODSTUFFS-Oontfnued

- '

\ April
-

March

^-| J a D U 8 r y ,necem- November

i

;
i

I

I

HOGS AND PORK
Hog movements, primary markets:
Local slaughter
thousand'.
Receipts
thousands
Shipments, stockcr and feeder
thousands
Shipments, total
_.
thousands. .
Lard (included in pork products):
Cold-storage holdings, end of mouth
thous. of lbs_
Exports.
thous. of lbs__
Production
thous. of lbs_.
Pork production:
Apparent consumption
thous. oflbs..
Cold-storage holdings, end of month —
Total
thous. of lbs__
Fresh and cured
thous. oflbs..
ExportsTotal
thous. oflbs...
Other products than lard
thous. oflbs..
Production, inspected
thous. of )bs_Piices:
Hams, smoked, Chicago... -dolls. perlb_.
Hogs, heavy, Chicago dolls, per 100 lbs._
Lard, prime contract, New York
dolls, per lb-_

2, 297
3, 752

2,155
3, 462 ;

1,663
2, 727 >

1,398
2, 454

1,474
2, 511

2,854

62
1, 427

72
1,311

55
1,062

49
1,045

37
1, 039

3,072 J

39, 766 !! 69, 296 i 96, 047

121, 926
33, 824
109, 265

2

33, 915
35, 205
125, 859

623, 230

43,547
116,124
2

679, Oil

428, 178 * 420, 661
394, 2G3 2 380, 895
48, 224

13,019
678, 452

37,790 , 34,510
97,114 i 91»680

601,392
!

56, 134

\

552,387

1,773

1,841

1,983

1, 002
3, 207

2,393 ;
3,704 ;

2,907
4,652

2,460
4,002

2,169
3, 439

1,088

36

31
1, 234

37 i
1,417 |
i

45
1,739

41
1,542

37
1, 269

115.561 j 103.360 ;: Do, 693
37; 786 ' 39,623 44,769
.123,263 126,323 i 129,090

78, 249
58, 395
127, 516

74,077 ; 62,624 . 51,434
68,760 i 68,882
45,114
147,632 186,062 150,538

119,355

2,938 :

36 j

33

1,099

3,067

31,582
42, 552

540, 228

585,146 | 581,110 | 523,963

563. 934

608,890 1 683, 9d? •' 608,323

553, 479

544,183 j 691,130 833, 737
474,887 595,063 711,811

890,212 | 931,117 ; 963,217
774,651 | 827,751 , 867,524

921, 920
S43, 671

«28,385 788,888 !; 572,626
853,408 ! 726,204 ; 521,192

44?,, 286

73, 61.0

48, 550

48S 032

49, 193

53,226 i 55,557 | 59,406

12,587
10,760 ! 13,522
611,171 ; 502,673 j 457,105

15,369

15,440 ! 15.934 i 14,637

164

. 182
5.41

. 188 !
5.71 |

.071

.080

.075

83,470 1 86,902 j

15,215 14,710 ! 38,020
604; 427 : 624, 301 630S 661 731,633 i 962,175

532, 757

597, 185

. 185
6.35

.173
6.24

.174
6.39

.075

. 082

.083

.082

54,679

55, Trt

54, (04

1, 892
53, 947

2 {,85 i 2 371
55* 678 f.1, 133

!
[

411,701

61,134

62, 325

16,020
798,311

19, 773
665, 665

.182
0.40 •

.184
7.08

.187
7.18

.195 i
6.73 ;

r-7
7.31

.213
7.94

222
S.86

:

.090

.004

. 085 l

. 0.-0

. 100

.112

SHEEP AND LAMBS
Lamb and mutton:
Apparent consumption
thous. of lbs._ 50. 533 i s 66, 438
CO, 792 j 58? 351 j
Cold-storage holdings, end of month
.
thous. of lbs__
1,967 ! M,975
1,908
1, 975
Production, inspected.
„ thous. oflbs.. 56,545 J 66,546 60,754 68, 466
PricesSheep, ewes, Chicago
2.00 I
1.98
dolls. porlOOlbs..
1.63 i
1.63
Sheep, lambs, Chicago
4.93
|
5.94
|
„
dolls, per 100 Ibs..
5. 95
5.70
Sheep movements, primary markets:
1.2S1
1,461 I
1,474
Local slaughter.
....thousands1,500
2,811
3,900 i 3,270
Receipts
thousands. _
3,956
Shipments, stocker and feeder
718
„ _ _ _ _ _ thousands. .
],18J ; 1,104 I
2,455 ! 1, 734
Shipments, total
thousands..
2, 468
j
Miscellaneous meats:
Cold-storage holdings,
50,670 ; MS, 744 56,881 ! 66, 334
end of month
_
thous. o f l b s .
Total meats:
1,025 i 21,194 | 1,067 j 1,043
Apparent consumption..., mills, oflbs..
Cold-storage holdings,
520 ;
638 i
798
end of month
mills, of lbs_.
964 I
946
Production
.
.
mills, of Ibs. . 1,085 I

4, 677

56,453

2. 56

1.55 !

2,44

3,29

3.69 :

3.44 i

2.93

6.06

e .98 ;
i, 381

8. 3r>

8.76 i

8.31 |

7.98 !

7.40

1, 342
2, 535

2,

587 ;

1, 401
2,810

243
1, 190

289 i
1, 21-i j

176
1, 353

69? 028

SI/..VJ

1, 060

',1)0*

1. 062
1,078

1, 100
1,096

1» 045 j

946

1,
.1, Go3 i

oi4 ;

1,230
2. 307

1,070
2, 607

282
1, 081

75,409 ' 79,331

1,012

Dim

1,1-r>7

85,6/8 ; 62,744
998 :
1, 072 !

1,051)1

;

895
1, 092

93.747
1,107

:

.1,1121

959 '

1,401 ;

1,254 I

597
1,059

POULTRY
Gold-storage holdings, end of
month
„
Receipts at 5 markets
,

thous. of lbs_.
thous. of lbs._

89,978 ! 265,663
64,731 ! 30,377

56,215 ! 43, 056
32,409 | 28, 055

SO, 438
24, 871

32,762 1 35. 348
22,164 i 17, 252

45,920 I 69,980 1 95,188 , 101,807 i 104.913
17,443 j 20,600 ! 26,008 • 34,472 i 73,314

Prices
Retail food (Dept. of Labor)......rel. to 1913.,
Wholesale food
.
_rel. to J926.,

117 !
70.9 i

119 i
72, 9 :

120
73.7

121
72.9

124 I
75.6 I

13?
81, 8

141
85. 7

215, liO i 203,030 j 148,624 j 137,205 94,805 i 134,928 !i 168,450 86,518 231,039
93,548 i 118,514 i 238,872 ! 546, .588 429,576 '• 105,726 , 150,277
930 I
982 i
1.007 |
844 i
461 i
SO
669

41 ",400

119
73.1

118 ;
72.4 |

127
77,1

133
80,1

Sugar
Cuban movement (raw);
Exports
.
long tonsReceipts st Cuban ports
long tonsStocks, end of rnonth.thous. of long tossPrices;
Retail coverage, 51 cities.
rel. to 1913.
Retail granulated, New
York
dolls, per lb.
Wholesale, granulated, New
York"..
dolls, per lb~
Raw:
Imports—
From Hawaii and Porto
Rico
long tous. :
From foreign countries
long tons^ !
Meltings, 8 ports
..long tons- .|
Stocks at refineries, end of
month._
long tons..J
Refined:
Exports, including maple
long tonsShipments, 2 ports
.....long tons.
Stocks, 2 ports
....long tons-

146, 102 j 134, 33fi
101,278 97,725
623 !

666

1021

102:

160,992

J 09, 613 I2-UH6 i 119,664
702 i
754
' 843
"
104 |

104

102

.052 j

.052

.052 I

053

. 051 |

.044 I

.045

.045 !

.046

. 046 |

102

102

. (MO

. 050

. 044

53, 741 82. 062 126, 970 135, 228 i 148, 636 I 143. 382
135.308 186! 928 202, 564 397,042 i 324,848 239,085
231,746 328, 310 414, 066 376,715 469,609 383,157

.043

107

104 \

106 i

. 050 |

»051 !

,053

,053 i

mI

. 045

.046

.044

;




764
107

. 053

161, 260 I 135,457 i 160,851 i 151,980 ; SI, 700 ;
5. 5W
151,815 I 279,578 i 364,493 ! 212.453 122,071 306,500
332,556 ! 403,337 I 351,169 I 290,337 I 258, 585 207.006

50,977
293,455
337,360

187,552 j 245,694 j 321,815 ] 429,229 j 307,252 ! 400,567 463, 73€ ! 445,535 j 420,050 j 329,324 ; 293,938 .1 305,208 | 321,930
3,598 i 4,304
41.538 I 48,208
34; 486 33,047

4, 365
60,502
41,171

3S 893 I 3, 952
76. 412 i G8, 879
37.116 i 36,481

4, 329
78, 583
35,030

4,723
33, 045
42, 555

3. 338 j
57, 670 i
32,632 I

Tea
Imports
-.
thous. of Ibs.
Price, Formosa, fine, New York.dolls, per To.
2
Revised.

213,688

7, 813

.225 :

7. 977
.225

4.135
,225

6,184
. 225 :

7,995
5, 223
. 225 ' . 225 ,

8, 029
.225 1

32

SURVEY OF CURRENT BUSINESS

January, 1932

MONTHLY BUSINESS STATISTICS—Continued
1931

Earlier data for items shown here may
be found in the 1931 Annual Supplement to the Survey
*°™»- October » August

1930

July

June

May

99,633
33.4
66.0

120, 354
35.2
66.3

120, 501
47.7
67.8

143, 558
35.6
68.4

79.4
103. 8
33.7

76.9
2 103.4
38.2

86.3
2 100. 4
51.4

97.2
2 105. 5
48.1

9,255 ; 8,314
68,318
73,002

9,457
76, 554

8,513
78, 274

10, 084
79, 017

2,599
34,718

3,481 ! 3,249
35,207 i 36,245

3,280
36, 966

3,745
37, 279

3, 368
2,707
2, 48 1
20,216
4,851

2,700
2,812
2, 703
20,042
3,778

3,312
2,973
3,397
21, 130
4,183

16,928
22,425
19, 486
65,696

35,589 i 17,590

FOREST PRODUCTS
;

Lumber

April | March

Febru- January
ary

^' November

D

i

I
i

ALL TYPES
Exports
.
M ft. b. m
77,877
85,234 < 89,502
1 2 29 2 i
31 3
New orders
rel to 1923-1925
Prices, wholesale, composite
rel, to 1926 ...
612 |
64.5 j
65.5
Production index (elect, energy
consumed)
rel. to 1923-1925..
76. 4 '
82, 2 1
82. 2
Stocks, end of month
rel. to 1923-1925,. lOi. 5 ! 2 98. 9 i 2 104. 4
Unfilled orders, end of month rel. to 1923-1925 , _ — _ _ I 2 24.. 2 i1 29. 0

114,557 128, 424
33.8
36.7
78.1
76.0 i

135, 771
41.5
73.3

73, 818
40.3
74.2

91.5
104. 3
49.2

93.2
2 105. 9
48.8

8, 451
80, 051

7,767
80, 816

5,236
81, 158

3,494
80, 251

3,563 : 4, 145
76, 552
70, 531

9,028
71,025

3,432
37, 718

3,421
38, 816

3,368
39, 534

3,389
39, 657

2,641
38, 628

2.878 i
37, 839

2, 530
37, 739

3, 940
38, 1 08

3,712
2,737
3,447
21,321
4,772

4,245
3,116
3,778
21,821
4, 955

3,327
2,629
3,315
23, 467
4, 604

3,679
3,326
3,226
24, 191
5,312

3,131
3,760
3,017
26, 193
5,180

3, 455
3,179
2,676
25. 835
5, 248

3,584
3, 452
2, 351
25, 578
4, 664

1, 905
3, 045
1,811
24, 271
3, 491

2, 798
2, 759
2, 554
23, 35:;
X, 204

18, 631
21, 736
21, 464
65, 004

26, 390
24, 120
25, 691
64, 798

21, 065
20, 984
23, 131
67, 619

24, 710
24, 505
27, 745
76, 753

28, 575
25, 147
28, 155
76, 783

31,407
23, 643
26, 243
78, 305

24, 771
19, 548
21,713
80, 943

2.1 J 16
21,010
15,738
17.686
18,365
17, 152
82, 487 ; 83,420

14,170
16,231
15, 844
91,598

18, 194

21, 204

30, 176

30, 235

34, 095

36, 326

32, 719

30,241

29, 353

20, 790

2

2

67, 792
35.7
73.2
2

84.2
108. 2
47.7

2

82.6 i
110. 3 ;
46.8 !

2

73.3
116.5
44.7

130,855
36. 8
80.1
2

86.5
117.2
42.6

RETAIL MOVEMENT
Retail yards, 9th Fed. Res. Dist.:
Sales
—
.....Mft.
Stocks, end of month
M ft.
Retail yards, 10th Fed. Res. Dist.:
Sales
M ft.
Stocks end of month
M ft.

b. m._
b. m__
b. in._
b m

FLOORING
Maple:
New orders
M ft. b. m..
Production
...
M ft. b. m__
Shipments
M ft. b. m__
Stocks, end of month
_M ft. b, m _
Unfilled orders, end of month. M ft. b. m.,
Oak:
New orders.
M ft. b. LI
Production „ _ _ , _
M ft. b. m. ,
Shipments
M ft. b. m__
Stocks, end of month
M ft. b. m._
Unfilled orders, end of
month
.- - ...
.Mft.b. m__

' 2,783
! 3,134
: ?>, 14 4
! 20,189
: 3,775

13, 526
15,973
15,744
19,299
13, 907 i 18, 203
08,293
67,103
14,334

HARDWOODS
All hardwoods:
New orders
_ . . . mill. ft. b, in
Production
mill, ft, b. m__
Shipments
...mill. ft. b. in..
Stocks, end of monthTotal...
mill. ft. b. m..
Unsold
..mill. ft. b. m..
Unfilled orders, end of
month
- mill. ft. b. in._
Gum:
Stocks, end of month-Total
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 monthTotal
mill ft b m
Unsold
mill. ft. b, m_.
Unfilled orders, end of
month
mill. ft. b. m..
Walnut logs:
Made into lumber and
YgQ£pr
M! ft log measure
Purchases
M ft. log measure..
Stocks, end of month.. M ft. log measure..
Walnut lumber:
New orders
M ft b. m
Production
M ft b m
Shipments
M ft b, m
Stocks, end of month _ _ . _ M ft. b. ni.
Unfilled orders, end of month.M ft, b. tn__

131
105
135 i

131
105
131

131
101
143

139
109
139

176
143
161

158
146
169

154
146
161

173
165
176

188
158
1Q5

169
143
158

125
134
125

133
143
148

2,915 i
2,542 !

2,960
2,559

3,020
2,645

3, 065
2,662

3, 126
2,707

3,149
2, 718

3,175
2,713

3,205
2,731

3,249
2,769

3, 308
2, 851

3,319
2, 863

2! 82 1'

374 1

387

375

402

419

431

463

473

481

456

456

452

615
518

634
542

653
551

683
575

686
586

694
593

703
598

713
601

726
607

611
511

610
500

607
516

98

92

102

108

100

101

106

112

100

102

2,617 ; 3,210
15,378 ! 14,907

5,864
13, 445

6, 173
9,846

11, 878
11,690

10, 820
10, 330

12, 767
12, 808

17, 878
12, 631

17, 252
12, 330

14, 178
10,854 |

8, 147
8, 021

4, 382
9, 374

1, 029
935

1 , 022

95

95

1,460
791

91

900
878
623

;

118

827 i
742 j

840
761

853
783

864
783

890
803

914
809

935
814

966
844

990
861

1,017 !
918 !•

85 :

79

70

81

88

105

120

122

129

99

1,145 i
1,104 i
666 !

925
1,113
707

709
776
510

523
666
442

958
674
293

1,135
828
519

925
719
845

816
699
1,050

829
874
1,172

895
1,179
1, 136

1

1, 146
*• 777
S°!

i, 187

!

1,148
1,110
1,121
12,745
2,101

1,463
1,405
1,720
12,825
2,173

i 1,861
: 1,037
! 1,786
!
13,176
! 2,934

1, 252
887
1,472
13, 926
2,821

1, 574
624
1,853
14, 543
2,981

996
1,075
1,223
15,837
2, 918

1, 1S1
1,382
1,277
15, 990
3,151

1,393
1,141
1,506
15, 893
3,279

2,094
875
1,942
16, 265
3,522

1,471
804
1,363
17, 236
3,314

1,152 1
642
1,064 ;
18, 295 I
3,211 ;

16,383
14,436
15,333

18,636 j 16,007
15,931 ! 14,760
17,055 i 15,734

15, 386
18,270
17, 323

16, 576
14,717
18, 131

19, 321
16, 429
18, 253

19, 220
17, 618
21, 568

22, 480
18, 781
21, 898

24, 485
21, 795
24, 852

20, 695
23, 836
23, 555

25, 928
26, 998
21, 410

17,380

19, 331

20, 376

20, 237

22, 290

22, 726

23, 613

45,308
25, 155
188, 460

53, 088
18, 186
181, 297

47, 766
35, 718
191, 146

69, 043
55, 586
188, 907

63, 159
37, 573
224, 272

15,211
19, 964
217, 109

11.27

10,97

10. 64

11.25

11.64

12.12

24.35
25.63 ! 25.48
115,941 149,962 i 155,334
126, CS84 162,049 ; 166,525
105,197 i 81,472 j 125,341

25.29
171,897
175, 030
111,017

25.76
149, 067
173, 240
165, 630

25.98
199, 651
197,413
162, 944

28. 33
206, 813
221, 586
135, 637

26,670 : 27,370 : 24,640
35, 350 \ 33, 110 i 33, 320

24, 276
32, 375

27,013
30, 408

30, 338
34, 293

9,991
7,864

10, 128
8,640

10, 013
9,554

1, 203
1, 184

928

I,:MO

s, 118

1,343
1,444
1,470
18,731
3, 393

17, 857
23, 048
20, 307

21,485
25, 900
20, 549

28, 725

22, 766

24, 514

14, 951
14, 978
189, 355

38, 251
16,081
191, 593

53, 718
12, 859
189, 355

42, 364
9,151
186,222

12.68

12.86

12.82

12.99

13.25

29.74
201, 889
200, 099
215, 766

31.14
186, 222
195, 622
196, 517

31. 65
179, 059
186, 669
181, 745

31.33
160, 258
178, 164
182, 640

31.73
167,420
174, 583
188, 012

33.40
191,593
179. 954
176,373

30, 233
31, 780

31, 241
34, 454

27, 439
33, 250

24, 318
32,417

24, 129
32, 844

28, 350
30,317

28, 140
34, 300

9,893
7,894

8,616
7,437

6,583
5,432

6,085
5,508

6,526
6,094

5,812
4,955

4, 046
6, 596

17, 670

SOFTWOOD
California redwood:
New orders (computed)
M ft. b. m,_
Production (computed)
M ft. b. in...
Shipments (computed)
M ft. b. m._
Unfilled orders, end of month
(computed)
M ft. b. m
Douglas fir:
Exports-Lumber
. M ft. b. m
Timber
M ft b m
New orders
M ft. b, m._
Price wholesaleNo. 1 common. -dolls, per M ft. b. m _ _
Flooring, I x 4"B"
and better, V.
G
dolls per M ft b m
Production
_ _ _ _ M ft. b. m._
Shipments
M ft. b. m._
Unfilled orders, end of month.M ft. b. m..
North Carolina pine:
Production (computed)........ M ft, b. m_.
Shipments (computed)
M ft. b. m._
Northern hemlock:
Production..
_._.__
M ft. b. m__
Shipments
M ft. b. m__
1
EtvissQ,




21,229 i 20,485

17.585
|
29,549
36,714 i 38,787
19,019 ! 21,874 ! 18,020
135,637 I 151.305 1 158,915
11.23 i

.

11.21 i

3,928 • 4.804
7,811 i 7,531

:

SURVEY OF CURRENT BUSINESS

January, 1932

33

MONTHLY BUSINESS STATISTICS—Continued
Earlier data for items shown here may
be found in the 1931 Annual Supple- Novem
ment to the Survey
October SeptemAugust
ber
ber

1931

1930

Decem- November
ber

July

June

May

April

March

Febru- January
ary

21, 956
7,888
151,484
27.78
61.4
119,828
155,511
82, 551

29, 925
8,745
146, 860
27.82
61.7
121, 994
151,488
83, 013

30, 278
12, 535
140, 322
28.15
62.4
126, 739
138, 663
83, 475

34, 067
5,827
157, 920
28.82
63.9
148, 048
165, 004
83, 958

32, 544
10, 256
169, 015
28.32
68.2
165,325
180, 306
104, 307

22, 478
6,261
174, 020
29.66
65.8
164, 929
175,742
121,401

21, 309
4, 935
170, 709
28.42
63.0
153, 831
163, 926
106, 932

127
125
125
1, 225

128
137
119
1,245

114
156
125
1,230

107
135
122
1, 204

141
141
125
1,196

109
112
120
1,174

112
66
107
1,174

87
63
107
1,218

111
85
108
1, 262

114
1, 284

85
64

78
92

99
99

79
54

83
59

105
82

118
118

101
138

111
112

106
97

16.0
15

7.0
22

43
71.0
17

48
81.0
18

FOREST PRODUCTS— Continued
Lumber— Continued
SOFTWOOD— Continued
Southern yellow pine:
ExportsLumber
.... _ M ft. b. m
Timber
M ft. b. m__
New orders
M ft. b. m._
Price flooring . dolls, per M ft. b. m
Price index
rel. to 1926
Production
M ft. b. m._
Shipments
M ft. b. m
Unfilled orders
M ft. b. m__
Western pine:
New orders
mill. ft. b. rn._
Production— _
..mill. ft. b. m__
Shipments
..mill. ft. b. ni__
Stocks, end of month
mill. ft. b. m._

18, 425
4,056
111, 307
26.31

20, 895
5,017
134, 757
26.49
58.7
117,241
142, 254
58, 464

110,803
108, 668
62, 013

18, 936
5,663
138, 204
27.21
60.3
116,511
142, 170
74, 235

33, 509
35, 873
8,163
9,029
190,985 146, 465
30.73
32.51
68.1 i
72.1
165,065 ! 157, 143
182.679 ! 145,110
116, 193
99, 036

28, 113
11,893
177, 327
33.44
74.1
184, 712
176, 110
105, 021
[97

VENEER
Rotary-cut veneer:
Receipts
Purchases

.no. of carloads. .
no. of carloads—

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' production
Unfilled orders,
end of month no days' production
Southeastern district —
Shipments
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-roorn chairs, sets of six. rel. to 1926..
Kitchen cabinets
. rel. to 1926
Living-room davenports
rel. to 1926—

!

8.5
14

8.0
16

7.0
15

6.5
13

4.5
27

13.0
9

8.0
13

12.0
14

6.0
13

7.0
16

38
83. 0
17

39
72.0
19

36
73.0
16

32
80.0
14

32
74.0
12

31
70.0
11

33
67.0
13

34
64.0
13

35
63.0
13

42
68.0
14

"

11

15

20

22

23

11

15

15

17

,8

17

22

64, 122

66, 042

59, 223

65, 063

43, 077

46, 431

52, 390

62, 382

50, 858

36, 692

29,051

43, 975

22, 100

42, 180

47, 706

47, 997

56, 865

19, 338

28, 248

29, 798

34, 160

31, 781

14, 400

19, 917

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
92.1
102.9
88.2

85.2
92.1
102.9
88.6

85.2
93.0
102.9
89.8

86.8
94.0
102.9
89.8

90.7
94.0
102.9
93.2

90.7
94.0
102.9 ;
93.2

90.7
94.0
102. 9
92.3

90.7 !
94.0 '
102. 9
92.3

90.7
94.0
102.9
92.3

91.7
94.0
102.9
92.3

78.8

80.7

83.4

90.3

89.8

87.8

88.1

88.4

88.4

89.0

90.8

91.5

93.3

82

'82

97

104

101

100

,107

102

92 i

87

78

81

81

75.2
82.6

81.8
280.4

81.9
80.1

77.1
77.4

83.8
77.6

85.4
78.2

81.0
79.5

83.9
80.3

71.2 i
81.2 ;

76. 1
82.1

71.6
85.3

68.7
86.4

63.0
83.8

3,164
10, 846
5, 533
4,472
25, 856

3, 265
11,934
6,858
3,360
27,445

5,058
11,870
7,556
3,368
29, 513

6,211
9,313
7,686
3,472
28, 332

3, 646
7,528
9,321
3,313
26,053

4,512
6,812
8,274
3,091
24,437

3, 337
4,404
6,160
4,453
19, 616

1,818 i
1,339
6,867 1 4, 149
6,292 : 3, 991
3,280 | 2, 890
19, 468
13,417

2, 067
5,186
5,863
4,040
20,211

2, 126
6,781
6,154
3,313
20, 471

2,202
6,781
5,167
1,965
18, 207

75
259
98

80
247
193

80
204
117

78
162
81

77
148
71

92
164
56

103
158
23

101
172
27

58
161
32

69
166
37

75
170
53

78
168
98

614
355
4,218
1, 505

781
407
3,772
1,804

687
393
2,955
1,667

727
357
2,500
1,598

706
356
2,767
1,491

667
417
3,251
1,516

704
425
3,408
1,444

690
471
3,488
1,493

j
!
!
j

559
353
4, 142
1, 223

651
379
5,362
1,426

692
398
4,647
1,426

605
324
4,024
1, 305

.082

.077

.090

.113

.120

.100

.085

.092

.095

.107

.118

.083

.098

.129

.139

.129

.129

.135

.090 |
i
.128 I

.073 1

.085

.117

.125

.144

.156

26, 977
217, 394
33, 152
277, 523

27, 413
221,343
34, 649
283, 405

28, 325
212, 299
35, 376
276, 000

29, 033
206,317
35, 223
270, 573

26, 027
209, 697
34. 034
269, 758

24, 150
216, 400
35, 026
275, 576

23, 662
220, 846
32, 926
277, 434

24, 104
23, 132
223, 182 ! 225,315
34,168 | 33, 172
280, 482 i 282,591

26, 707
235, 649
33,296
295, 652

27, 553
237, 392
34, 489
299, 434

28, 221
227, 647
34, 368
290, 236

309

531

546

459

652

983

1,143

1,442

949

713 I

1, 128

825

.32

.35

.39

.40

.37

.37

.37

.37

.37

.38

.40

.41

1,127
19,531

1,088
18, 765

1.160
19, 837

1,097
19,281

1,078
19, 522

1,034
18, 388

1,137
20, 406

i
984 !
18, 219 |

.37
951
17, 386

1,087
19, 559

1,226
21, 993

1,071
18, 777

83, 463
69. 850

80, 773
69.172

81,319
68.931

81, 906
67. 212

85, 626
67. 070

85, 848
67. 938

87, 196
68. 933

90,321 1 91,827
88, 044
71. 122 i 72. 488
73. 261

90, 878
74. 135

86. 331
77. 485

LEATHER AND LEATHER PRODUCTS
Prices, wholesale, composite, leather
rel to 1926
Production index (Fed. Res. Bd.)
rel. to 1923-25..
Production index (elec. energy consumed)
rel. to 1923-25Stocks, end of month
rel to 1923-25
Hides

ImportsCalfskins
thous. of IDS..
Cattle hides
thous. of lbs._
Goatskins
thous. of Ibs
Sheepskins
..thous. of lbs._
Total, hides and skins
thous. of Ibs
Inspected slaughter of livestock:
CanadaCattle and calves, .thous. of animals..
Swine
thous. of animals
Sheep and lambs.. .tbous. of animals..
United StatesCattle
thous of animals
Calves
thous. of animals..
Swine
thous. of animals
Sheep
thous. of animals..
Prices:
Packers, heavy, native steers (Chicago)
dolls, per Ib
Calfskins, No. 1, country (Chicago)
__
_
dolls, per Ib__
Stocks, end of month:
Calf and kip skins
thous. of lbs._
Cattle hides
. thous. of Ibs _
Sheep and lamb skins
thous. of Ibs..
Total hides and skins .
thous of Ibs

Raw
Sole and belting:
Exports (sole only)
thous. of Ibs
Price, oak, scoured backs (Boston)
dolls, per lb._
ProductionSole only thous. of backs, bends sides
Sole and belting
thous. of Ibs..
Stocks, end of monthFinished
thous. of Ibs..
In process of taimine
thous. of Ibs..
2
Revised.




85 i
154 \
32 !
635
416
3,523
1,324

726 I

34

SURVEY OF CURRENT BUSINESS

January, 1932

MONTHLY BUSINESS STATISTICS—Continued
Earlier data for items shown here may
be found in the 1931 Annual Supplement to the Survey
LEATHER AND LEATHER PRODUCTS— Continued
Raw— Continued
Upper leather;
Exports
thous. of sq. ft
Price, composite, chrome, calf, black "B"
grade
_ dolls, per sq. ft_.
Production
_thous. of sq. ft..
Stocks—
Finished
thous. of sq. ft
In process of tanning— thous. of sq. ft..
Manufactures
Gloves and mittens cut
- dozen pairsShoes:
Exports
thous. of pairs
Prices, wholesaleMen's black calf blucher
(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_
ProductionTotal
thous. of prs
Men's
- -. thous. of prs—
Boys' and youths'
thous. of prs..
Women's
thous. of prs__
Misses' and children's— tbous. of prs__
Slippers, all types
thous. of prs._
All other footwear
thous. of prs—

1930

1931
N

Septem- August
ber " October
ber
1
m

July

May

June

April

March

Decem- j November
ber

Febru- January
ary

9, 718

7, 926

6 529

6 635

7,463

9,234

9,211

8,752

9 347

7,700

9,133

8, 118

7 451

. 323

. 330
60,682

.337
65, 543

.348
69, 626

.350
67, 234

.352
63, 229

.356
60,542

.356
62, 536

.352
61, 515

.354
54,706

.359 i
52,225 i

.367
57,888 |

367
51,848

267 705
116,578

254 306
126, 146

250 478
131,095

246 424
128, 425

250, 612
126, 684

254, 142
124, 330

257, 195
125, 722

261 057
127, 867

264, 392
128, 967

272 866 ' 280 856 i 279 023
129,513 ' 127,785
133,' 357

233 394

226 754

223 837

164 205

182, 077

171, 968

191, 120

175 988

158, 485

162,388

136

149

132

140

167

194

177

185

130

6 31 I

6 55

6 75

6 75

6.75

6.75

6 75

6 75

6 75

6 75

6 75

6 75 i

6 75

4.35 !

4 35

4 35

4.35

4.35

4.49

4.60

4.60

4.60

4.60

4.60

4. 72 i

4 85

3 15 ;

3 15

3 15

3 15

3.15

3.25

3.25

3.25

3 25

3.25

3.25

3. 45

3 55

95 331 2 31 293
6* 120
7 423
1,991
l' 775
8,133
11,883
2,055
2,785
4,705 24,171
2,543 * 3, 040

33 475
8,245
2,078
13, 103
3,140
3,931
2,978

28 614
7*349
1,739
10, 400
2,846
3,431
2,849

27,839
7,244
1,605
9,596
2,835
2,974
3,585

19 889
5,250
1,418
7,573
2, 495
853
2,300

17,537
5, 034
1,262
5,401
2, 003
2,044
1,793

46.8
86.6

56.2
87.1

59.0
86.9

66.9
88.1

70.9
88. 0

136

:
i
:

i
!
;
!

28 452
6,735
1,647
10, 058
3,128
2,812
4, 072

29, 888
6,641
1,768
11, 042
3,846
2,454
4,137

29 364
6,254
1,654
11,888
3,712
2,045
3,811

23 971
5.687
1,438
9,644
2,983
1,370
2,849

57.9
87.2

83.6
87.5

74.5
88.1

59.9
88.4

157, 079 1

130 ,

208

^36 °63
270

1
!
1
!
|
|

18 541
4 740
1 271
5,034
1, 769
3,953
1,774

1RON AND STEEL
New orders.. _ . _.
rel. to 1923-25—
Prices, wholesale
rel. to 1926Production index (Fed. Res. Bd.)
.. rel. to 1923-25
Production index (elect, energy
consumed)
rel. to 1923-25
Stocks, manufactured goods, end
of month
rel. to 1923-25
Unfilled orders, end of month.. rel. to 1923-25. Ore
Iron ore:
Consumption
_. thous. of long tons
Imports
thous. of long tons
ReceiptsLake Erie ports and
furnaces
thous. of long tons
Other ports
thous. of long tons
Shipments from mines
._
thous. of long tons.Stocks end of month —
At furnaces. __ thous. of long tons..
On Lake Erie docks
_. thous. of long tons
Total
thous. of long tons
Manganese ore:
Imports
thous. of long tons-

86.0 ;
46 '

42 6
86.2

56 0
86.6

58 0
88. 3
]

43

46

51

59

64

72

75

78

73

76 3

78 3

78.0

83.1

86.6

106.8

108.1

119.4

116.5

103.4 i

110.2

106 5

125 3
252.4

123 3
53.0

128.7
53.4

130.1
57.6

136 6
60.3

138 9
62.4

142.8
67.4

145 7
69.6

139 7
68.6

141 7 '
71.6 ;

146.4 •
76. 3 |

146 1
69.4

1,451
70

1 470
99

1,652
92

1,832
128

2,114
122

2, 675
194

2,826
163

2 835
169

2,368

2,350 i
150 i

2, 339
176 i

2 640
74

457 •
277

2 099
1, 162

2 873
1 440

3 229
1,658

3 191
1,735

2 369
1,428

599
656

9
106

o

o
o

0 •
0

l 634
993

421

3,094

4,179

5,065

4, 956

3,808

1,769

176

0

0

33,184 i 33,687

31, 998

29,385

26, 451

23, 556

21, 968

23,292

25, 751

28, 247

30, 430 i

6,048 i 6,080
39,232
39 767

5,974
37 972

5, 686
35, 071

5,386
31 817

5, 157
28 713

5,147
27 115

5,430
28 722

5,765
31, 516

6,011
34, 258

6,190
36, 620

27

22

38

37

21

33

2

10

17

111
82
68
137
260

99
79
70
123
231

101
92
70
117
226

108
82
60
123
229

126
105
77
134
232

122
123
93
140
252

122
134
98
136
261

108
107
84
118
268

101
97
68
131
309 1

17, 610
18.6
18, 193
18, 387

18, 494
19.0
18, 531
20,513

19,400
20.1
19,943
23,511

22, 176
24.5
23, 837
28, 132

28, 328
32.2
31,450
36, 540

36, 086
36.3
36, 076
37, 693

34, 331
35.9
35, 210
36, 677

32, 566
34.4
33, 587
32,663

77. 0

124.4
|

1,311
94

9

21

0

95

64

59

o
o
0

!

65

0 s

1,988

:

34,761

6,331 >
38,949 '

6, 4G6
41 227

29 '

10

32,618

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 capacityProduction
short tons
Shipments
short tons—
Plg-iron production:
Canada
thous. of long tons
Merchant furnaces
thous. of long tons
United States, total thous. of long tons..
United States, total . .. rel. to 1923-25
Pig-iron furnaces in blast, end of month:
Furnaces, end of month
number
Capacity, end of month-long tons per day..
Prices, wholesale:
Basic (valley furnace)— dolls., per long ton-Composite pig-iron
dolls, per long ton-Foundry, No. 2, northern
(Pittsburgh)
dolls, per long ton

18, 542 l 18, 145
18.3
20.5
17,678
20,123
17,888 ; 17,484

103
101
80
112
273

i
i
i
i
i

106
77
53
135
260

32, 676 1
31.5
31,267
31,536

26,433 i
31. 1 !
30,431
27,474 |

27,451
27. 8
27,114
25,974

36
292 1
1,714
67.4

38
396 .'
1,666 i
55. 8 :

46
375
1,867
62. 5

95 :
51,330 |

107
60,205

:

17.00
17.14

0

18

1, 173
39 3

1,169
39 1

23
297
1,281
42.9

40
371
1,463
49.0

56
336
1,639
54 9

51
410
1,994
66 7

54
404
2,020
67 6

57
356
2,032
68.0

46
317
1,707
57.1

67
35,810

70
36,530

73
38, 600

76
39, 085

82
45, 230

91
50,855

105
61,085

113
66, 980

116
67, 880

108
61,850

15. 00
16.02

15. 25
16.23

15.50
16.32 1

15. 50
16. 38

15.50
16.38

15.50
16.40

16.25
16.64

16.50
16.75

16,50
16.72

16.75
16.82

17.00
16.94 |

17.00
17.01

18 39

18 76

18. 76

18.76

18 76

18 76

18 76

18 26

18 51

18 76 !

18. 76

! 105,181
i 947 730
i 270,880
|
842

158, 495
257 941
288, 422
978

208, 072
195 946
213, 852
1,106

201, 956
155 723
159, 568
1,089

178,101
156 769
166, 923
1,069

174,244
154 650
148,749
1,014

227,605
150 227
149,057
997

210, 584
95 765
94, 251
916

178,224
114,693
116,186
797

7,204
9, 148
4,678 1 4. 662
10,262 1 7, 309
48, 095 i 53,558

5,520
3,977
6,071
57, 274

4,948
4,654
5,055
59, 876

4, 525
5,069
4,787
59, 770

3,741
6,553
4,232
60,221

—
1, 103 i
36.9

17 76

!

102
57,365

18. 76

Iron— Manufactured Products
Cast-iron boilers:
Gas-fired boilersProduction
thous. B. t. U—
Shipments
thous B t u
Shipments
dollarsStocks, end of month -..mills. B. t. u._
Round boilersNew orders
thous. of lbs_.
Production
tbous. of lbs._
Shipments
thous. of lbs__
Stocks, end of month .. -thous. of lbs_.
2 Revised




329,726
146 023
147,698
741

8,406
11,731
5,228
6,502
8, 497
13, 923
36,872 . 41,257

4,311
4, 864 1
4,071
57, 794

3,912
5, 509
4,183
56, 878

163. 390 ' 85,399
98, 397 ! 221,775
92, 702 181,966 '
621 \
721
6,412 1
4,109
5,724 '
54, 997 i

7,193 •
3,614
7,131 |
51,657 i

85,328
149 507
202,835
759
9,495
5,910
10,041
53,686

35

SURVEY OF CURRENT BUSINESS

January, 1932

MONTHLY BUSINESS STATISTICS—Continued
Earlier data for items shown here may
be found in the 1931 Annual Supple- NovemOctober Septemment to the Survey
August
ber
ber

1931

1930
Decem- Novem^' January!
ber
ber

July

June

May

April

March

F

IRON AND STEEL- Continued
Iron— Manufactured Products— Contd.
Cast-iron boilers— Continued.
Square boilersNew orders
thous. of Ibs
Production
thous. of lbs_.
Sbipments
_
thous. of Ibs .
Stocks, end of month... thous. of Ibs..
Cast-iron fittings:
Production
short tons _
Shipments
short tons
Malleable fittings:
Production
short tons..
Shipments
.
_ short tons
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
Hange 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_-

19, 029
11,741
19, 137
106, 617

27, 999
19, 751
31,479
113, 228

22, 547
14, 231
25, 328
124, 657

19, 967
15, 264
19,413
137, 143

14, 765
13, 028
15, 184
139, 469

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

5,381
4,778

5,475
7,638

4,592
5,822

3,650
4,442

4,059
4,779

4,165
4,508

4,976
5,088

5,603
5,379

5,763
5,665

6,288
5,897

2,412
2,026

2,973
3,610

2, 466
2,964

1,959
2,041

2,114
2,330

2,365
2,489

2,471
2,784

3,075
2,995

3,290
3,242

8,302
5,560
8,465

10, 342
7,292
11, 282

8,508
5, 090
9,262

8,365
4,572
7,960

6,606
4,194
6, 834

6,428
5, 025
5, 759

4,863
5,164
5,003

4,330
5,957
4,293

34, 388

36, 798

40, 549

44, 834

47,414

50, 183

50, 953

37, 427 2 46, 680
37, 918 2 51, 769
36, 930
50, 127
26, 605 2 25, 617

42, 109
39,211
41, 754
23, 975

35, 674
32, 003
33, 636
26, 518

39, 066
44,611
46, 036
28, 151

39, 428
42, 012
41,001
29, 576

41, 768
43, 799
41, 744
28, 565

7, 023
2 5, 423
1,600

10, 470
8,470
2,000

10, 115
8,054
2,061

8,077
5,922
2,155

15, 047
12, 752
2,295

2.18

2.20

2.19

2.20

2.19

7, 520
6,309
1,211

2

17,723
10,857
16,837
109, 835

21,377
12, 858
21. 480
115,313

6,446
6,758 |

6,506
5,358

7,188
7,222

3,379
3,432

3,236 !
3,533

3,209
2,603

3.322
3,108

4,451
6,781
4,013

4,483
6,801
4,410

6,267
6,961
6,091 !

7,471
4,097
6,866

9, 089
4,791
9, 118

50, 632

48, 978

45, 969

43,613

38, 702

41,420

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

39, 304
43, 251
41,677
24, 093

16, 620
9,944
6,676

16, 596
8.599
7,997

20, 457
10, 882
9, 575

21, 585
11,708
9,877

22 722
11^712
11,010 1

28, 522
17, 192
11, 330

20, 091
6,870
13, 221

2.21

2.22

2.23

2.22

2.22 ;

2.19

2.20

11,500
14, 689
12,082
117, 622

Steel— Crude
Prices, wholesale:
Composite, finished steel
2.18
dolls per 100 Ibs
Iron and steel composite
30.61
dolls, per long ton
Steel billets, Bessemer
(Pittsburgh).
dolls, per long ton.. 29.00
Structural-steel beams (Pittsburgh)
_ dolls, per 100 Ibs . 1.60
Sheets, black, blue, galvanized, and full finished:
New orders
net tons.. 102, 867
Production—
26.7
Per cent of capacity. _
per cent-Total
net tons 102, 758
Shipments
net tons . 94, 975
Stocks, end of month —
74, 763
Unsold
net tons
Total
net tons.. 133, 296
Unfilled orders, end of month net tons.. 147, 169
Steel castings:
New orders —
20, 000
TotaL _ .
short tons
Miscellaneous
short tons_. 12, 831
Railroad specialties..
short tons.. 7, 169
14
Per cent of capacity
_ per cent..
Production —
23, 109
Total
short tons
Miscellaneous..
._
short tons . 16, 108
Railroad specialties
short tons.. 7, 001
16
Per cent of capacity
per cent..
Steel ingots,, production:
Canada
thous of long tons
United States, total— thous. of long tons.. 1,594
46.1
United States, total
rel. to 1923-25
30
Per cent of capacity
per cent..
D. S. Steel Corporation:
Earnings
thous. of dolls..
Unfilled orders, end of
month
thous. of long tons.. 2,934
Unfilled orders, end of
61.4
month
rel. to 1923-25..

30.81

31.03

31.05

31.05

31.02

31.39

31.61

31.66

31. 65

31.70

31.76

31.95

29.00

29.00

29.00

29.00

29.00

29.50

30.00

30.00

30.00

30.00

30.60

31.00

1.60

1.60

1,60

1.65

1.65

1.65

1.65

1.65

1.65

1.63

1.60

1.60

117, 195

120, 688

122, 849

144, 461

163,599

148, 612

191,987

236, 310

168, 564

180, 863

233, 289

135, 682

33.1
122, 739
129, 365

32.0
116,842
123, 371

34.9
123, 752
151,529

46.3
174, 890
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
39.8
167,865 1 145, 125
170,379 144, 040

43.6
148, 550
158, 182

70, 465
137, 243
159, 367

C7, 337
143, 153
167, 366

75, 288
149, 533
170, 122

77, 953
160, 959
203, 358

75, 618
168,013
304, 107

82, 532
169, 444
296, 731

85, 415
176, 846
325, 169

89, 334
189, 915
383, 280

92, 047
181,614
343, 439

83, 629
87, 496
180, 285 184, 590
360,479 | 378, 601

90, 248
184, 586
295, 282

22, 851
15, 890
6,961
16

23, 073
17, 050
6,023
16

27, 458
20, 610
6,848
19

32, 869
19, 248
13, 621
23

26, 136
18, 539
7,597
18

39, 052
27, 746
11, 306
27

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, 718
32

49, 387
30, 131
19, 256
34

48, 123
31,628
16, 495
33

24, 083
16, 717
7,366
17

26, 948
19, 683
7,265
19

30, 186
21, 529
8,657
21

31,751
23, 339
8,412
22

35, 018
25, 608
9,410
24

43, 154
31, 083
12, 071
30

48,282
35, 439
12, 843
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

44, 290
32, 445
11,845
31

31
1,592
46.1
28

33
1,548
44.8
28

52
1,719
49.7
31

45
1,886
54.6
34

56
2,076
60.1
38

75
2,505
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

72
2,212
64.0
44

2,559

2,960

3,662

4,499

4,183

5,136

7,191

6,156

6,118

4,191

7,949

3, 119

3,145

3,169

3,405

3,479

3,620

3,898

3,995

3,965

4,132

3,944

3,640

65.3

0,9

66.4

71.3

72.9

75.8

81.6

83.7

83.0

86.5

82.6

76.2

1, 591
1,774

1,587
1,632

999

1,182

283
515

468
503

409

641

Steel— Manufactured Products
Furniture, steel:
Business group —
910 2 1,114
1,841
1,424
1,092
1,272
1,487
1,478
New orders
thous. of dolls
1,059
1,306
1,010
956
1,078
1,221
1,522
1,563
1,768
Shipments
.thous. of dolls..
1,057
1,074
1,305
1,188
1,481
Unfilled orders, end of
780
826
1,072
948
896
952
986
month
thous. of dolls. .
919
966
897
790
Shelving304
267
328
452
401
418
New orders
thous. of dolls..
304
506
408
455
307
226
310
371
382
422
449
423
Shipments
thous. of dolls..
358
409
481
310
Unfilled orders, end of
419
424
378
404
month
__
thous. of dolls .
441
483
480
383
398
383
390
Iron, steel, and heavy hardware,
109
124
104
110
sales
rel. to Jan., 1921..
112
129
134
123
117
110
Iron and steel:
59, 335
91,212
59, 526
75. 585
92, 745
Exports
long tons
69, 768
84, 466
91, 407 101, 081 109, 512
73, 338
23, 104
23, 335
40,606
Imports
.
long tons
24, 509
21, 898
29, 689
33, 959
28, 225
30, 987
33,343 22, 479
85
122
172
163
Lock washers, shipments
thous. of dolls..
84
179
177
140
83
96
Steel barrels:
Production..
barrels.. 453, 547 489, 555 451, 562 449, 590 580, 565 552, 955 610, 788 591, 399 550, 583 450, 134 421, 814
32.7
39.9
33.1
35.3
31.7
43.1
41.9
32.6
Per cent of capacitv
per cent
38.9
31.6
40.7
Shipments
barrels.. 444, 201 492, 145 452, 960 455, 502 581, 450 549, 781 618, 801 600, 566 554, 332 449, 485 427, 622
Stocks, end of month
barrels
44, 050
34,704
63, 244
62, 595
37, 294
38,692
45, 489
42, 315
59, 495
44,604
50, 328
Unfilled orders, end of
1.424
1.392
914
1.053
1,253
month
thous. of barrels..
549
638
939
1.078
1.195
1.030
2

Revised.


123

139

101, 988
24, 338
115

111, 968
34, 572
119

412, 283
30.3
406, 327
68, 403

497, 539
36.5
500, 409
62, 447

1,437

929

SURVEY OF CUBRENT BUSINESS

36

January, 1932

MONTHLY BUSINESS STATISTICS—Continued
Earlier data for items shown here may
be found in the 1931 Annual Supplement to the Survey

1931
October

November

Septem- August
ber

July

i June

May

April

i

1
1930
i
Febru- January Decem- Novemary
ber
ber
i

March

IRON AND STEEL-Continued

i
1

Steel— Manufactured Products— Cont'd.
Steel bars, cold finished, shipments-short tons.. 12, 182 13, 034
Steel boilers, new orders:
424
467
Area
___
thous. of sq. ft_672
491
Qnantity
number-Steel plate, fabricated, new orders:
Total
short tons - 18, 268 » 20, 839
1,955
1, 755
Oil storage tanks
short tons_.
Structural steel, fabricated:
New orders —
Computed total.
short tons.. 87, 200 110, 000
27.5
21.8
Per cent of capacity
per cent-Shipments—
Computed total
short tons.. 111,600 145, 600
36.4
27.9
Per cent of capacity
per cent .
2,162
1,948
Track work, production .
short tons..
Baths:
New orders.
no. of pieces.,
Shipments
no. of pieces^,
Stocks, end of month
no. of pieces..
Unfilled orders, end of
month
no. of pieces..
Lavatories:
New orders
. no. of pieces..
Shipments..
_ _ _ _ _ _ n o . of pieces..
Stocks, end of month
no. of pieces._
Sinks:
New orders...
_
_no. of pieces.Shipments
no. of pieces._
Stocks, end of month.
_no. of pieces..
Miscellaneous sanitary ware:
New orders
no. of pieces._
Shipments
.no. of pieces..
Stocks, end of month
no. of pieces..
Small ware (except baths):
Unfilled orders, end of
month
no. of pieces. .
Porcelain enameled flat ware:
New orders—
Total
. dollars.
Signs
_ dollars.
-dollars.
Table tops
Allother
-dollars.
Shipments—
Total
-dollarsSigns
-dollars.
Table tops
-dollars.
All other
.dollars-

21, 727

11,576

12,600

14,413

16,360

22,768

692
893

595
827

687
816

677
818

603
658

33, 473
4, 024

24. 282
1,138
'

27,261 ! 22,808
4,136
4,679

26.210
2,411

196, 800
49.2

124, 400
31.1

159, 200 177, 200 152, 800 : 292, 800 184, 400 158,400
39. 8
44. 3 |
38. 2
73. 2
46, 1
39.6

162,400
40.6

150, 000
37.5
3, 472

168, 800
42.2
3,924

181, 600
45. 4
4,409

162, 400 148,000 158.400
40. 6 i
37. 0
39. 6
5,705
7,453 1 8,564

172.000 168.400
43. 0 i
42. 1
5,626 j
5, 174

195.200
48 8
4, 212

24,445 i 35,703 33,578 ! 35,463
25,473 ! 36,022 34,980 ! 37,633
126,718 ! 131,858 134,392 ; 139,496

46. 704
47, 922
138, 759

43,228 ! 42.991
43,584 j 45,512
145,140 I 152, 206

56. 494
68, 564
148,909

52, 254
36, 008
167, 932

30, 813
35, 489
168, 80g

12,320 j 13,722 i 15,892

17,110 | 17,466

22,067

24,642

36, 712

20, 466

33,851 i 30, 883
36,642 i 34, 438
230,817 | 212, 395

71,113
93, 870
192, 072

72, 493
48, 023
214, 472

41,227
47, 078
205, 517

10,973 | 12,001

25,141 \ 25,011
825 !
689

29.916
7^749

21,943

665
630

622
516

i
577 I
598 |

31.056
2, 538

24, 438
3,585

27,518 !
2.598 !

151,200 166.400
37. 8 ! 41. 6
8,944
6,321

40, 111 I 33.196 i 28, 041
40,449 34,938 30,616
163,037 j 166,158 | 160,851
19,987 I 20,325

15, 747

15, 456

587
814

709777

26, 787
5,118

33, 151
9, 965

152.800 S 151.200
38.2
37.8

30.259 | 43,238 :, 41,489 i 43,521
30,844 ! 44,963 43,372 45, 262
161,911 | 169,509 176,825 ! 190,226

53, 226 49,181 ! 51,395 45, 440
53, 585 50,575 | 54,520 43, 221
192,552 209,841 | 218,067 232, 277

34,997 I 44,287 43,518 i 43,174
34,163 | 46,437 43,070 i 44,907
212,783 ; 224,726 | 226,440 1 236,005

51, 341
52, 963
245,354

49,928 I 54,693
51,676 I 56,845
255,269 j 260,426

52, 771
41, 532 i 35, 873 63, 074
49,443 ! 41,787 I 39,211 80, 095
273,154 i 267, 828 j 259, 442 244, 880

61, 567
43, 968
261, 800

44, 897
51, 027
253, 374

17,418 ' 26,854 i 21,911 ! 27,324
17,718 I 20,175 22,231 I 28,073
83,492 J 86,401 i 66,640 86,455

27,106
29, 082
94, 260

27,463 I 21,243
26,453 ! 24,490
98,384 ! 101,673

22,995 ! 18,641 | 15,781 29, 785
21,719 18,811 i 17,768 33, 527
107,917 j 109, 508 ! 107,439 106,152

25, 092
19, 680
112, 460

21, 453
22, 065
108, 795

36,465 | 38,503

39,702

41,457

45,680

49,637 | 51,769

65, 566

109, 086

61, 605

i
!
!
I

706,284
206,012
205,756
294,516 I

701, 487
213,856
175, 642
311, 989

564, 093
170,313 i
128, 350 i
265,430 :

649, 891 637,688 i 716,502 670,171 707, 480 623, 973 548, 403
245, 943 249, 455 283, 528 242,938 264, 769 263,677 j 259,070
168, 362 132, 869 148, 700 161,172 173, 064 122,836 | 104,522
235, 589 255, 364 284, 276 266,061 269, 647 237,460 i 184,811

412, 512
181, 600
50, 271
180, 641

515, 383
195, 764
85, 009
234, 610

I
!
i
!

692,415
182,077
201, 935
308,403

704, 428 638,431 690, 801 708,838 739, 656 691,107 738, 358 628, 969 468, 779
222, 332 229,459 278, 732 290,032 i 290,429 256, 906 293, 356 270, 886 197, 894
180, 650 131,675 163, 979 140,545 I 151,647 160, 892 174, 347 120, 623 102,199
301, 446 277,297 248,090 276, 261 297, 580 273, 309 270,655 237,460

509, 392
283, 966
50, 680
174, 746

524, 486
192, 547
80, 764
251, 175

110,372 106,928 101, 784 122, 642 135, 674 118,510 | 130,895
106, 466 118, 358 108, 525 126, 368 125, 652 127,055 i 117,445
199, 308 203, 213 211,622 200, 227 211,972 204, 586 213, 574
100, 556 96, 650 108, 080 114,821 119, 578 109, 556 i 118,101

111,689
108, 021
j247, 513
126, 718

96, 928
104, 088
232, 467
123, 050

60, 293 I 53, 470 j 56, 686

Plumbers' Woodwork
New orders, net
no. of pieces.. 100,194 ! 100,275
Shipments
no. of pieces.. 100,708 { 111,422
Stock, finished, end of month.__no. of pieces.. 190,034 191, 933
Unfilled orders, end of month no. of pieces.. 88,895 89, 409

| 98,869 j 111,957
j 119,725 113,168
j 215, 628 i 212, 683
! 104, 651 I 125, 507

Bathroom Accessories
Total:
181,955 173,588 121,546 ! 121,205
Production
no. of pieces.. 121, 490 \ 154, 106 160,401 j 163,462 147, 999 203, 283
Shipments
no. of pieces.. 104,849 166,839 153, 126 144, 466 162, 497 192, 246 192, 848 177,051 I 166,084 122, 745 158, 414
Stocks, end of month
no. of pieces.. 645, 909 629, 268 648,161 640,886 621,890 636, 388 625, 351 628, 220 I 623, 316 615,812 | 617,011
I
Shipbuilding
Rate of activity (elec. energy
consumed)
rel. to 1923-25..
Building or under contract, end of monthMerchant vessels
thous. of gross tons..
Completed during monthTotal
.gross tons..
Steel, seagoing
_
gross tons.
Machlnery
Total exports...
thous. of dolls.
Air conditioning equipment:
New orders—
T9tal__
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 hoistsValue
..dollarsShipments
.
. dollarsElectric overhead cranes:
New orders
...thous. of dolls.
Shipments.
-thous. of dollsUnfilled 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.
2 Revised.




95.0

84.5 ;
283

85.6
294

299

82.0
326 i

84.8 i

89.7

92.5

359 I

370

397

27,906 ! 11,554 ! 30,471
22,647
25, 002 j 7,150 ! 25,363 I 16,964
15, 700 ! 20, 200 ! 24, 700 ! 20, 400

1,485
83
575
827
104
48, 243
65, 714

165
71, 451
62, 493

44
102

73
157

1,432
61
562
809

!

1,359
75
553
731

132 !
203
63,032 i 85,526
81, 465 ! 73,163
84
235

91 I
345 I

98.3
409 I

114.8 !

113.9

99.0

412 i

421

344

359

34, 527
28, 613

13,766 ! 17,443 ! 25,622
4,985 j 13,976 j 9, 703

29,413 l[ 25,971
21,045
18,391

53, 551
39, 830

31,100 : 29, 400

37,700 ;! 36, 100

33, 200

22, 700

28, 300

26, 600

1,719
93
832
794

1,538
127
788
623

1, 671
205
781
685

1, 398
78 i
756 i
564 I

1, 307
99
740
468

44, 000
j 1, 180
|
64
i
585
i
531

1,284 i
79 i
666
539

276 i
261 i
205
192
220
293 i
335
90,964 109,245 1 142,962 ! 125,550 i 117,216 i 113, 862 133,295
142,143 122,189 | 115,809 | 101, 746 ; 134, 995 j 112,363 132,157
160 i
435 j

261 !
410

105. &

307
310 j

274 :
416 i

671
261 i

268
530

423
496

231 i
267
126,592 | 122,136
106,459 115,849
302 I
671 !

370
587

435

497

581

736

990 | 1,264

1,413 '

1, 420 i

1, 552 |

1, 207

1,407

1,517

1,864

17.2
32.9

45.9
26.2

31.9
29.6

16.9
37.4

38.7
55.7

40.9
90.4

54.1 i
118. 6 i

57.7
69.7

174.4 !
72.9 |

54.7
55.4

65.3
54.7

59.8
102.6

45.3
76.5

40.8

56.8 |

32.1

51.8 i

70.1

123. 8 I

180.1

314. 6 i

93. 5

94.6

82.3

124.9

37

SURVEY OF CURRENT BUSINESS

January, 1932

MONTHLY BUSINESS STATISTICS—Continued
Earlier data for items shown here may
be found in the 1931 Annual Supplement to the Survey
IRON 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 system—
Furnaces and kilns.no. of pulverizers._
Water-tube boilers.no. of pulverizers..
New orders, unit system—
Fire-tube boilers...no. of pulverizersFurnaces and kilns.no. of pulverizers. .
Water-tubeboilers.no. of pulverizers..
Pumps (water):
Domestic shipmentsPitcher, hand, and windmill
no. of units..
Power, horizontal type_.no. of units..
Steam, power, and centrifugalNew orders.
thous. of dolls..
Shipments
thous. ef 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:
Cancellationsthous. of dolls..
New orders
thous. of dolls..
Shipments
thous. of dolls..
Shipments
no. of machines..
Unfilled orders, end of
month
thous. of dolls..
NONFERROUS METALS AND PRODUCTS
Prices, wholesale, metal and metal
products.
—
rel. to 1926..
Production index (Fed. Res.
Bd.)
rel. to 1923-25..
Production index (elec. energy
consumed)
rel. to 1923-25..
Stocks, end of month
rel. to 1923-25—
Stocks, raw materials, end of
month
rel. to 1923-25..
Raw Materials
Babbitt metal consumption:
Direct by producers
thous. of lbs_.
Sale to consumers
thous. of lbs_.
Total apparent
thous. of lbs__
Copper:
Exports, refined
short tons..
Domestic shipments, refined..short tons..
Price, wholesale, electrolytic
(N. Y.)._
dolls, perlbProductionIndex (Fed. Res. Bd.).rel. to 1923-25..
Mines
short tons..
Refined (N. and S.
America)
short tons..
Smelters
short tons..
Stocks (N. and S. America),
end of monthBlister...
short tons..
Refined
..short tons..
Refined
..rel. to 1923-25..
World production, blister
short tons..
Lead:
Ore shipments—
Joplin district
short tonsUtah...
short tons..
Production, refined
short tons..
Production (Fed. Res.
Bd.)
rel. to 1923-25..
Price, pig, desilverized (New
York)
dolls, per lb..
Receipts in United States, ore.short tons..
2 Revised.




1930

1931
Novem-

51
50

eptemoer

A

56
92

45
85

t

July

June

May

April

I.

72

62
72

97

97

140

182

202

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

616

1,177

1,869 |

2,076

1,490

79
44
4, 163

54
57
4,074

62
66
4,750

55
60
3,962

74
95

212
6,046 i
6,044 !
9,193 |

971 i
67
5,270

87
96

105
91

232

238
5. 528
5,248
10, 036

4,836
4,406
8,603

969

1,399

60 I
58
4, 270

67
68
4,167

1,119 I
I
67
68
4,789

si

225 j

!

84
73

67
75 !

Decem- November
ber

69 !
85 I

60
67

204

179

3,699
3, 531
8,645

3,842
4,046
8,572

5,026 I
5,025 !
8,604 ;

6,861
7,855
8,319

521

725 I
I
58 |
67 i
4,251 I

724

44
76
3,715

41
58
3,215

203 |

230

52
54
3,023

0 I
2|

0
0

2 !

5
2
15

.Si

5 !

17,677 I 20,490
1,063
1,032

1,8521

118 I
92 i

5, 132
5, 562
8, 553

0 !
0 I

475
627

March

Febru- January
ary

2,023

24,873
1,564

23,056
1,325

21, 562
1,238

950
1,036

765
873

773
718

1,047
1,205

967
1,116

2,762

2,616

2,717

2,826

2,812

2,975

24,579
2,312

26,330
2,229

22,417
2,135

775
800

874
944

875
1,028

921
1,037

1,075
918

2,161

2,450

2,441

2,471 I

2,605

2,715
3,676 i

3,276
4,309

4,585
5,742

5,019
7,735

6,041
10, 263

599 i
886

563
695

32, 902
1,657

22,379
2,197

24,255 i 25,181
1,772
2,145 i

22,479
291

18,645
458

22, 708
501

37, 660
985

37, 287
1,162

37, 355
1,077

13,231

20, 339
83

22,462

31,171
132

20,735
101

29,889
111

23,646
80

18, 723
65

17, 993
63

13, 849
66

25, 902
85

11, 726
53

21, 103
71

458

518
6,030

429
7,850

525
7,640

605
9,090

692
7,638

766
6,105

591
5,434

664
6,010

566
5,177

647
6,401

447
572
513

16
533
448
421

46
503
463
391

21
487
513

10
484
451
356

16
527
545
400

13
474
491
421

9
486
383
400

21
470
500
529

16
459
506
442

356

534

479

516 !!

518

479

502

557

467

520

87.1

87.5

87.4 !

87.8

88.7

89.0

88.9

89.3

90.0

90.2

73

73

276

278

277

85

286

62

500
6,681 j
7
345
379
331

8
377
347
371
340

16.2

86.5

87.2 j

62

65

65 |

76. 0 j
71. 0 I
202. 7 2 201. 9 |
169.3

607;

75. 0
200. 9

2!63.9 I 152.0

'65 I

69.3
203.3

78.6 I
213.7 !

94.0
219.3

94.6
220.4

103.5
219.9

112.3
224.4

95.0
227.4

97.8
228.1

89.6
231.1

147. 9 !

137.7

127.7 !

122.4

126.9

144.8

130.7

130.9

129.6

139.8

511
1,420
1,932 |

702 i
1,605 I
2,307 j

731
1,678
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

791
1,904
2,695

23,244 I 22,951
50, 217 45, 265

24, 179
54, 567

31, 536
74, 685

28, 947
60, 636

42, 192
60, 209

32, 208
69, 854

37, 773
62, 693

.0867

.0939

. 0985

.0972

. 0984

.1030

.1011

68
45, 580

69
46, 452

72
76
47, 504 1 48, 059

76
48, 726

83
53, 141

102, 458
53, 429

106. 366
60, 022

112, 646
64, 816

198,811 | 203,224 | 210,637
354, 205 i 363, 629 j 363, 827
312. 9 i 321. 2
321. 4
136,958 i 128,685 | 129,390

218, 799
367, 175
324.4
135, 252

223, 280
369, 832
326. 7
143,214

2, 896
48, 705
48, 517

3, 963
48, 400
43,423

497
1,355
1,852

404
1,377
1, 781

15,215 | 11,429

17,201
40,459

19, 271
45, 816

.0656 I

.0678

.0729 i

60
86,704
47,012

65

73.3
199.9

552
1,495
2,047

1, 255 i
1,062 |

567 I

22, 381
43,144
.0770

59 !
59
38,925 j 38,228

.0803 i
44,473

90,190 i 96, 408 I 98, 275 i 102,695
47,246 ! 46,503
51, 652 j 53, 734

100, 501 ! 102,058
52, 085
57, 922

! 178,425 176, 105 [ 179, 658 187, 353 ! 190, 578 I 193,876
i 479,896 455,775 | 440,417 413,474 i 398,667 ! 367,921
I 423.9
402. 6 I
389. 1
365. 3 j 352. 2 | 325. 0
120,689 121,655 j 121,504 ! 126,722 j 130,486 j 128,877

27,535
31.671

...: 2,9ii

34,807 j 25,305
36,546 I 31,966

266 I

3,064
27, 711
34,144

67

61

.0391
.0440
.0396
29,182 ; 33,104 ; 33, 228

.0440
33, 385

2, 290 ! 1, 432 ! 1,881
31,577
28,806
41,576 i
32,157 ! 30,708 i 39, 519
64

60 |

78

70
48, 702

1,995
34,816
35, 498
71

99, 853
55, 229

3, 702 I 2,508
35,498 ! 46, 902
41, 775 ! 39,464
79 |

.0440
.0392 i .0382
.0441 ! .0453
30,136 i 32,551 i 35,677 i 34,694 | 37,878

82

2,721
55,331 !
43,405
83

. 0455 .0480
35, fi!2 42,110

92
. 0510
40,4G2

2

80

. 0510
38,820

38

SUEVEY OF CURRENT BUSINESS

January, 1932

MONTHLY BUSINESS STATISTICS—Continued
Earlier data for items shown here may
be found in the 1931 Annual Supplement to the Survey

1931

Novem- October Septem- August
ber
ber

July

June

1930
May

April

March

Febru- January
ary

Decem- November

ber

NONFERROUS METALS AND PRODUCTS— Continued
Tin:

Raw materials—Continued

Deliveries (consumption) _ -.long tons..
Imports (bars, blocks, etc.)
long tons_.
Price, wholesale, Straits (New
York).
dolls, perlb..
Stocks, end of monthUnited States
long tons..
World visible supply
long tons
Zinc:
Ore, Joplin districtShipments
short tons
Stocks, mines, end of month
short tons
Price, slab, prime western (St.
Louis)_
_
dolls, per lb._
Production _.
short tons..
Retorts in operation, end of month
. number-Stocks, end of month
short tons..

5,015
4,882

5,270
5,249

5,100
5,587

5,185
4,698

5,505
5,483

6,630
6,126

6,120
6,986

5,100
5,903

. 2276

.2468

.2575

.2502

.2341

.2320

.2512

.2707

6,773
50, 602

5,868
50, 722

6,213
50, 987

5.833
51, 707

5,633
51, 626

5,698
51, 231

6,212
48, 462

7,917
48, 607

5, 385
5,607

3, 550
5,301

.2281
7, 458
50, 583

2

Wood Pulp
Ground wood:
Consumption and shipments,
Imports
.._
Production
Stocks, end of month




6, 659

7,495

6,270
6,470

.2631

.2610

.2527

.2589

5,862
49, 339

4,904
43, 619

4,693

42, 498

5,372
40, 811

17, 113

20,243

12, 059

14, 395

22, 470

27, 261

17, 163

25, 389

25, 987

31, 056

39, 478

81, 190

79, 533

76, 566

70, 935

65, 480

61, 110

63, 001

58, 534

56,013

47, 000

49, 441

.0321
20, 526

.0338
21, 674

.0374
21, 356

. 0382
21,467

.0389
21, 365

.0342
23, 483

.0331
25, 688

.0372
29,137

.0400
32, 328

.0401
29, 562

.0404
32, 522

.0410
32, 733

.0427
32, 097

21, 828
130, 865

23, 774
130, 666

22, 817
130, 155

21, 705
129, 701

21, 666
131, 833

21, 422
138, 928

23, 024
143, 049

29, 072
143, 212

34, 221
141, 493

35, 518
144, 389

35, 635
145, 076

33, 640
143, 618

37, 492
145, 139

1,732

2,680

1,791

2,046

2,358

4,599

1,489

2,202

Manufactured Products
Electrical equipment:
Delinquent accounts, electrical trade.
(See under Distribution movement.)
Electric furnaces, new orders.. .kilo watts. - 1,513
1,231
1,862
1,956
3,975
Electric goods, new orders
(quarterly).
thous. of dolls..
« 157, 472
Electrif-al porcelain, shipments2,038
Glazed nail knobs -thous. of pieces..
1,844
1,643
1,482
Special
dollars
82, 485
66, 906
74, 183
63, 044
84,617
Standard
dollars. - 29, 449 40, 171 42, 562 38, 303 33,042
869
Tubes
thous. of piece^..
516
1,000
971
1,095
Unglazed nail knobs- thous. of pieces..
901
562
1,973
Industrial reiiectors, sales
units..
54, 691
61, 794
59, 103
56, 735
Laminated phenolic products,
shipments
thous. of dolls. .
644
637
623
577
Manufactured micaShipments
_ . tbous. of dolls
79
76
81
73
103
Unfilled orders, end of month
81
thous. of dolls.100
73
81
87
Motors (direct current) —
Billings (shipments)
dollars..
387, 770 365, 930 365, 877 360, 444
New orders
dollars..
311, 793 413, 864 299, 081 377, 129
Nonmetallie conduits, shipments
thous. of feet.. 1,782
3,356
2,005
2,777
4,487
Parielboards and cabinets,
326
shipments.
thous. of dolls..
333
367
336
Power cables, shipments. .. thous. of feet-806
840
890
1,137
Power switching equipment, new orders —
40, 586
Indoor
.dollars..
47,041
37, 547
48, 707
Outdoor
dollars .
244,122 188, 043 175, 629 360, 325
47, 142
Vacuum cleaners, shipments
units.59, 074
37, 952
35, 447
Vulcanized fiber —
Consumption
thous oflbs
1,407
1,345
1, 398
1,783
1,057
Shipments, total
thous. of dolls. .
332
262
344
313
348
Welding sets, new orders0
Multiple operations
units..
0
0
0
Single operation
units..
115
108
80
120
Miscellaneous products:
Brass sheets
..rel. to 1926..
79.7
68.3
82.5
80.9
Copper-wire clothNew orders
thous. of sq. ft..
339
366
308
326
328
Make and hold orders,
end of month
thous. of sq. ft.522
509
504
546
583
Production
thous. of sq. ft..
312
338
333
302
330
Shipments
thous. of sq. ft_.
312
254
324
316
330
Stocks, end of month. thous. of sq. ft_.
910
911
889
898
953
Unfilled orders, end
of month__
thous. of sq. ft..
129
135
134
158
160
Enameled sheet-metal ware,
shipments
dozen pieces
255, 782 307, 068 251, 544 246,858
Pails and tubs, galvanized —
Production
dozen pieces
98, 340 110,253 2 134, 003 103, 345
Shipments
dozen pieces
18, 270 120, 851 129, 693 114, 134
Other galvanized ware—
Production
dozen pieces-32, 276
26, 970
26, 626
34, 709
27, 792
27, 334
Shipments
dozen pieces
36, 007
32, 764
PAPER AND PAPER PRODUCTS
New orders .
rel. to 1923-25
Production index (Fed. Res.
Bd.)
rel to 1923-25
Production index (elect, energy consumed)
(paper and pulp).
rel. to 1923-25..
Stocks, end of month ._
rel. to 1923-25

7,210
8,113

"182,486

' 224, 348

• 208, 936

1,263
77, 194
41,331
592
929
66,188

2,061
78, 983
57, 462
1,309
2,323
67, 256

2,144
76, 313
52,009
890
1,281
72,003

1,458
78, 716
52, 599
783
1,224
69, 484

2,523
86, 471
64, 823
1,125
1,386
68,285

2,253
86, 976
87, 794
875
1,752
65, 501

2,007
91, 564
51, 016
522
1,159
76, 659

1,834
93, 677
47, 994
801
1,164
115, 736

637

711

633

689

630

605

551

674

92

128

135

142

137

133

101

132

97

119

138

110

141

105

104

90

450, 165
402, 130

455, 325
440, 476

473, 767
536, 272

445, 833
396, 958

418, 228
450, 204

393, 558
680,251

500, 165
617, 454

433, 530
457, 518

2,447

4,091

5.112

3,508

3,667

3,997

2,417

3.713

338
1,106

339
1,303

324
1,519

345
1,630

373
1,326

383
1,139

1,678

1,824

64, 736
201, 344
71,551

76,052
228,862
55,362

77, 248
178, 160
78,611

69, 202
219, 232
78, 626

52, 697
240, 081
43, Oil

73, 567
208, 713
70, 303

111,875
216, 145
79, 527

75, 303
269, 425
82,279

1,624
402

1,541
419

1,475
432

1,975
484

1,652
426

1,369
385

1,421
318

1,513
359

2
134

0
165

8
169

11
177

4
136

23
155

13
152

2
153

82.8

86.8

90.4

91.4

89.7

90.7

93.6

92.7

275

275

299

357

309

404 !

337

269

560
253
274
934

514
256
277
1,073

554
340
297
1,096

557
330
308
1,079

530
297
304
1,083

574 i
332
311
1,097 |

539
344
309
1,145

530
310
303
1,176

145

302

174

1.6

211

217

165

166

232, 672

264, 953

281, 339

312,916

289, 205

267, 232

250, 568

263, 365

92, 460
90, 747

121, 413
122, 072

143, 258
140, 080

147, 278
144, 052

132, 781
120, 723

103, 677
138, 538

87, 140
68,898

60, 798
68,330

26, 304
28, 724

28, 390
34, 188

34, 929
42, 287

31, 542
29, 579

34, 347
28,142

23, 716
25, 958

21, 657
15,915

16, 061
21, 296

101.3

291.0

96.7

90.5

93.2

90.7

102.7

99.3

96.7

97.2

85.8

93.2

299

104

105

109

109

113

110

110

110

106

98

103

104.0
128.6

112.4
129.7

135.1
126.1

109.6
131.2

123.0
123.4

127.0
128.6

117.0
122.6

112.3
121.7

111,463
17, 725
102, 197
103. 975

118,371
13,512
121, 103
115.235

118,157
12, 851
136, 858
111.832

116,914
23, 136
136, 438
93. 131

111, 165
14, 652
116,311
73.606

96, 823
15, 656
95, 937
68. 460

108, 349 109, 740
14,394 I 27, 024
107,208 ! 110,578
69.346 ' 75. 498

110,502
21, 776
102, 957
74. 660

126.1
123.9

113.0
122.2

138.3
128.2

121.7
128.6

short tonsshort tons
21, 066
short tons
short tons2 Revised.

110,715
21, 842
104,788
76. 332

106, 094
18, 750
96, 920
82. 260

100, 180
14, 433
87, 638
91. 434

'Quarter ended in month indicated.

111.8 i
125.9

39

SURVEY OF CURRENT BUSINESS

January, 1932

MONTHLY BUSINESS STATISTICS—Continued
Earlier data for items shown here may
be found in the 1931 Annual Supple- Novemment to the Survey
October SeptemAugust
ber
ber

1931

1930

July

June

May

April

March

February

Novemanuary December
ber

PAPER AND PAPER PRODUCTS-Con.
Wood Pulp— Continued
Soda:
Consumption and shipments__short tons..
Production
.
_ short tons
Stocks, end of month
short tons..
Sulphite, unbleached:
Consumption and shipments short tons _
Imports
short tons.. 67, 062
Price
dolls, per 100 Ibs .
Production
._
short tons _
Stocks end of month
short tons
Sulphite, bleached:
Consumption and shipments short tons .
35, 736
Imports
short tons
Production
_
short tons
Stocks, end of month
short tons .
Total sulphite:
Consumption and shipments short tons .
Production
short tons
Stocks end of month
short tons „
Sulphate:
Consumption and shipments.. short tons..
Production
short tons
Stocks, end of month
short tons .
Other grades:
Consumption and shipments short tons .
Production
short tons
Stocks end of month
short tons
Total chemical (all grades):
Consumption
short tons
Production
.. _. short tons
Stocks, end of month
short tons..
Paper
Box board:
Consumption of waste paper. .short tons..
New orders
short tons
Operation
_ thous. of inch hours
Operation
p. ct. of capacity..
Production
short tons
Shipments
_. .. ._ . short tons .
Stocks, end of month
short tons..
Stocks of waste paper, end of month—
In transit and unshipped
purchases
short tons..
At mills
short tons _
Unfilled orders, end of month short tons..
Newsprint:
Consumption by publishers,
United States
short tons
Exports, Canada
. ._ short tons
Imports. United States
short tons..
Price, roll, destination,
N. Y
dolls, per short tons..
Production —
Canada
_
short tons..
United States, total
short tons
Per cent of capacity
per cent .
Shipments—
Canada
- ..
short tons .
United States
short tons
Stocks, end of month—
At millsCanada
short tons
United States
short tons..
At publishers, U. S
short tons
In transit to publishers,
United States
short tons..
Other paper:
Binders' board production short tons
Book paper:
Production
.short tons..
Per cent of capacity __ .
percent
Shipments
short tons..
Stocks, end of month ._
short tons
New ordersCoated p. ct. of normal production..
Uncoated p. ct. of normal production
Unfilled orders, end of monthCoated .days' production..
Uncoated
days' production
Fine paper:
Production ..
.. short tons
Per cent of capacity
per cent..
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
All other grades:
Production
. short tons
Shipments
short tons
Stocks end of month
short tons
? Revised.




19, 876
21, 226
4,058

21, 558
21, 528
3,598

24, 278
25, 508
4,620

23, 502
24, 362
4,502

23,572
24, 834
4,660

25, 960
27, 230
4,480

27, 412
28, 102
4,414

27, 660
29, 304
4,998

27, 884
29, 422
4,624

28, 512
29, 102
4,366

27, 128
28,560
5,118

28, 346
28, 966
4,936

21, 170
53, 014
2.15
19,814
5,724

16, 698
49, 314
2.15
19, 800
6,388

19, 026
49, 300
2.15
16, 922
5,052

17,544
52, 001
2.15
17, 924
5,578

16, 790
52, 745
2.15
19, 092
5,500

19, 020
34, 483
2.15
19, 494
4,256

21, 178
30, 724
2.15
21, 076
3,936

18,882
34, 289
2.35
18, 878
4,316

20, 554
50, 271
2.48
19, 384
4,320

20, 194
87, 600
2.48
20,354 ;
5,490

18, 272
63, 870
2.48
17, 860
5,474

18, 238
76, 850
2.48
18, 532
5,886

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, 262
5,800

38,080
29, 558
39, 048
5,986

37, 440
28,614
38, 262
5,018

37, 272
30,511
36, 092
4,196

40, 544
32, 863
40, 600
5,376

43, 090
25, 592
40, 462
5,320

41,616
36, 095
41, 402
7,948 !

38, 844
30, 322
38, 698
9,206

40, 634
30, 595
40, 938
9,352

112,224
109, 894
24, 198

105, 666
109, 558
25, 836

108, 924
107, 430
23, 710

105, 294
107, 664
23, 626

111, 282
115, 200
21, 558

110,722
110,840
18, 698

115,960
115,974
18, 734

115,794
115,022
18, 998

117,122
112,552
19, 770

121,774 116,830
120,628 I 117, 158
24,340 | 28, 720

120, 780
121, 276
28, 392

37, 174
39, 004
3,848

35, 202
36, 866
4,604

36, 630
38, 522
5,384

38, 150
39, 228
6,050

39, 828
40, 948
7,524

39, 590
41, 870
9,076

39, 082
41, 292
9,594

34, 014
36, 542
10, 152

35, 880
38, 104
10, 092

33, 722
36, 674
10, 426

1,168
1,062
312

986
942
418

754
890
462

1,078
1,202
326

778
774
202

1,072
514
206

844
898
764

1,184
1, 188
710

1,016
1,098
706

1,258
1,190
624

170, 442
171, 186
32, 416

163, 412
168, 894
34, 456

170, 586
172, 350
34, 176

168, 030
172, 456
34,504

175,460
181,756
33, 944

177, 344
180, 454
32, 460

183, 298
186, 266
33, 506

178, 652
182, 056
34, 858

181, 902
181, 176
35, 192

209, 903
218, 527
7,840
64.8
218, 157
218, 489
79, 248

205, 084
235, 382
7,946
70.9
221,684
221, 261
79, 580

200, 138
215, 752
7,685
65.9
213,614
218, 244
79, 157

213, 686
221,048
8,114
69.6
222, 927
221, 980
83, 787

208, 513
223, 990
8,200
70.3
224,110
223, 328
82, 840

227, 125
236, 173
8,727
77.8
232, 020
231, 746
82, 058

206,511
224, 021
7,903
67.8
230, 537
227, 806
81, 784

210, 590
222, 511
8,175
70.1
226,011
224, 023
79, 053

36, 055
151, 658
61, 365

45, 386
149, 029
61, 327

47, 549
148, 042
47, 206

47,052
166, 006
49, 698

50, 558
169, 570
50, 630

39, 209
182, 812
49, 968

25, 026
167, 478
45, 541

174, 092
171, 151

173, 852
171, 031
180, 230

152, 422
161, 171
159, 946

146, 249
160, 175
157, 037

157, 119
157,205
173, 457

161, 265
189, 739
188, 919

179, 836
185, 432
192, 688

174, 325
152, 360
175,242

57.00

57.00

57.00

57.00

57.00

57.00

57.00

57.00

57.00

57.00

62.00

62.00

175, 643
94, 149
66

184, 252
97, 117
63

178, 412
91,241
64

165, 124
88, 344
59

182, 731
99, 548
67

193, 971
101, 086
68

202, 607
101, 202
69

205, 838
102, 450
70

187, 005
100, 590
68

164, 552
88,788
65

182, 657
101, 990
69

184, 755
99, 276
69

201, 703
92, 337
68

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
101, 044

162, 350
90, 901

180,027
100, 440

188, 845
99, 062

213, 673
93, 631

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
33, 616
203, 944

39, 832
33, 906
189, 990

39, 962
32, 956
178, 333

39, 754
34, 289
185, 500

39, 850
32, 254
190,728

42, 259
33, 627
211,142

38, 708
32, 903
217,889

36, 777
32, 001
217, 651

40, 372
31, 818
198, 151

42, 064

38, 022

34, 379

30, 879

34, 566

39, 041

44, 859

45, 352

44,011

39, 486

39, 022

38, 821

50, 539

1,323

1,695

2,069

1,535

1,486

1,809

1,401

1,543

1,515

1,477

1,317

102, 111
66
103, 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
111,327
90, 985

117, 609
78
113,140
92,464

117,374
79
118,782
87, 395

117,904
80
119,026
89,088

114, 306
85
117, 849
90,353

125, 335
79
127,466
94, 413

100, 188
75
101,090
114,302

93, 897
73
93, 428
115,340

56
57

57
59

53
61

58
60

52
65

70
67

76
68

64
74

76
76

66
75

65
69

63
67

4
5

5
5

5
5

6
5

5
6

7
6

7
6

6
6

8
6

6
6

7
6

7
5

27, 793
56
29, 071
54, 490

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
32, 451
64
67
31, 501 ! 33,100
62, 459
61, 758

35, m
33, 981
62, 905

32, 534
73
32, 339
61, 340

32, 835
66
34, 707
61, 148

25, 485
52
24, 873
68, 310

29, 085
04
28, 387
67, 701

73. 347
79
72, 027
81,318

272,107
81
69, 151
2
80, 021

78, 360
90
76, 479
77, 047

78, 074
88
78, 777
75, 146

78, 174
87
76, 845
76,051

78, 377
88
76, 888
78, 107

79, 261
91
80, 371
76,582

75, 404
85
76, 083
77, 718

72,281
88
71, 920
78,404

71, 826
82
71, 970
78,047

74, 554
78
73, 137
72, 333

76, 628
83
77, 701
70, 881

77, 934
80, 425
64, 500

77, 505
79, 574
66, 020

2 78, 271
81,315
68, 192

74, 728
74, 062
70, 755

75, 655
75, 895
69, 174

78,509
83, 882
68,734

80, 983
81, 268
71,545

74, 123
74, 186
69,540

70, 054
69, 735
67, 618

78, 378
72, 122
65, 594

75,094
71,717
65, 777

77, 846
78, 349
62, 400

33, 190
36, 204
10, 006

34,110
37, 208
9,494

185, 266
187, 594
39, 756

177, 272
182,014
43, 872

183, 346
187, 572
42, 882

191, 331
198, 296
7, 345
71.2
205, 785
203, 202
77, 065

199, 229
211,782
7, 520
64.5
211,691
209, 660
74, 482

162, 528
173, 258
6,261
53.1
176, 483
175, 170
72, 451

190, 502
200, 199
7,114
65.3
203, 381
202, 042
71, 138

51, 301
167, 846
49, 326

35, 229
191, 507
50, 838

34, 510
197, 699
55, 744

34, 292
201, 597
53, 622

30, 649
184, 598
55, 534

179, 340
200, 545
169, 345

150, 403
144, 236
148, 388

160, 660
153, 362
172, 110

166, 645
225, 495
194, 144

184, 615
173, 149
195, 953

SURVEY OF CURRENT BUSINESS

40

January, 1932

MONTHLY BUSINESS STATISTICS—Continued
Earlier data for items shown here may
be found in the 1931 Annual Supple- NovemOctober SeptemAugust
ment to the Survey
ber
ber
PAPER AND PAPER PRODUCTS-Con.
Paper— Continued
Total paper (including newsprint and box
board):
Production
.
short tons..
Per cent of capacity
per cent..
Shipmeuts
short tons..
Stocks, end of month
short tons..

596, 459 2587,543
67
70
604, 007 2589, 218
397, 109 2406, 067

591,414
67
596.623
408,345

1930

1931
July

June

May

April

607, 700
70
606, 847
413, Oil

621,411
71
615,877
415,681

638, 510
72
639, 712
416, 077

643, 056
74
643, 146
414, 054

March

F

tryU~ -^ary

^n'

November

551, 080
65
545. 049
425, 234

573, 174
69
573, 538
419, 278

60
58
60

70
57
67

283, 933
75, 507
359, 440
66

347, 876
80, 360
428, 236
79

69,004

47, 878

D

629, 233 583, 748 622, 055
66
73
71
628, 343 585, 946 621, 365
410, 558 408, 407 406, 587

Paper Products
Abrasive paper and cloth:
Shipments —
|i
Domestic
reams.. 38, 272 53, 348 53, 373 54, 721 51, 948 54, 431 62, 268 65, 452 64, 910 56,004 53, 752
6,942
Foreign
reams
6,552
7,832
2 7, 119
8,705 2 8, 218
9,525
5,323
9,528
9,290
8,261
Paper-board shipping boxes:
Operating time—
81
81
82
Corrugated
p. ct. of normal
70
80
78
84
81
79
63
78
Solid fiber
p. ct. of normal..
71
66
71
68
68
65
62
61
57
67
54
79
77
Total
p. ct. of normal..
77
76
79
79
78
67
61
75
74
ProductionCorrugated.thous. of sq. ft.. 346, 527 438, 296 448,910 449, 285 402, 031 416, 282 417, 407 401, 874 391, 043 382, 305 305, 274
Solid
fiber
..thous. of sq. ft.. 82, 788 101, 997 103,740 106, 800 95, 582 99, 754 100, 301 102, 609 93, 875 91, 966 77, 921
Total
- -thous. of sq. ft._ 429, 315 540, 293 552, 650 556, 085 497, 613 516, 036 517, 708 504, 483 484, 938 474, 271 383, 195
69
Rope paper sacks, shipments. .rel. to 1921-22..
64
65
44
55
75
67
60
65
77
84
PRINTING
Blank forms, new orders
thous. of sets.. 48, 309
Book production:
New books
no. of titles..
New editions
no. of titles..
Printing activity
rel. to 1923..
Sales books:
New orders
. thous. of books
9,974
Shipments
. _ . -thous. of books.. 9,546

57, 819

47,351

45, 455

50, 357

48, 322

55,266

48, 877

52, 887

48, 751

50,587

1,070
157
79

735
147
83

770
194
76

568
150
77

586
117
84

708
178
96

640
220
97

746
107
98

678
136
96

625
150
95

95

91

10, 663
10, 664

10, 275
11,241

10, 511
10,501

10, 321
9,997

10, 514
10, 382

11,587
10,585

10, 284
11, 079

11,204
10, 669

10, 054
10, 652

10, 735
10, 454

9,455
10,893

11,053
10, 723

RUBBER AND RtfBBER PRODUCTS
Production index (Fed. Res.
Bd ), auto tires and tubes rel. to 1923-25..
Production index (elect, energy
consumed)
rel. to 1923-25
Stocks end of month
rel. to 1923-25

93.5
94.5

74

79

90

112

126

123

107

98

94

88

73

77

82.8
96.4

88.0
294.3

98.5
102.4

97.4
112.8

121.0
121.0

122.3
120.6

109.0
118.1

109.6
118.4

112.9
113.0

99.0
107.4

84.3
110.6

86.1
115.5

34, 374

36, 598

3 66, 258
352 284
37, 370

29, 733

. 082

.089

.089

Crude Rubber
Consumption, quarterly:
Total
long tons..
For tires . . .
_ . .-_ -long tons .
Imports (including latex)
long tons
Prices, wholesale, smoked sheets,
New York
dolls, per Ib ..
Stocks, domestic, end of quarter:
Afloat
. . . .
long tons..
Dealers
long tons..
Manufacturers
-long tons_.
Total, dealers and manufacturers
long tons
World shipments, plantation . long tons..
World stocks, end of month:
Afloat
long tons..
Europe
long tons
Producing countries
long tons
United States
long tons..
World total
long tons
Reclaimed rubber:
Production
. . . long tons
Stocks
long tons
Scrap rubber:
Consumption by reclaimers
long tons..
Stocks at reclaimers, end of
quarter
long tons

45, 103

.046

3 76, 941
3 61, 283
41, 398
38, 933

.050

"::::::::
:: ::: ...
72, 000
87, 000
132 695
42, 415
296, 305
558, 345

.050

39, 033

.054

399,135
« 83, 894
44, 052
46, 939

.063

8

35, 844

44, 908

480
68 593
40, 788

.064

.064

.077

» 52, 658
» 43, 711
1
139, 613

46, 770
3 43. 525
3171,296

3 214,821
66, 529

.063

3
82,
3

. 076

» 49, 471
» 49,613
3 138,140
3

3 44, 286
8
58, 804
3 129. 575
!|3 188 27Q

65, 392

66, 600

'183,324
62,090

68, 628

63, 395

187 753
71, 218

65, 719

86, 465
84, 644
84, 156
136, 638 2137,597 140, 192
41, 054
39, 253 2 42, 779
275, 750 258, 352 244, 627
539, 907 519, 846 2511,754

90, 768
139, 261
43, 364
235, 746
509, 139

86 867
140,265
43, 760
225, 346
496, 238

93, 379
143,747
41, 176
219, 405
497, 707

78, 159
142, 520
42, 806
224,211
487,696

88, 959
137, 452
45, 782
215, 523
487, 716

86, 469
130, 247
43, 958
210, 611
471, 285

13,082
14, 804

12, 535
14,431

12,338
14, 685

12, 032
14, 700

10,110
15,102

9,728 !
16,373 i

10, 175

10, 220

9,161

9,769

8,424

8,582

71, 511

8,818
14, 273
6,338

8, 955
13, 781

9,402
13, 732

10, 596
14,176

6,967

7,778

8,929

3 60, 406

3

» 59, 103

65,714 !

65, 661

63, 065

82, 687
81, 479
127, 553 121, 131
43, 154
36,118
207,085 ! 201, 000
460,479 439, 728

80,236
119,010
37, 564
190, 617
427, 427

3

57, 198

9,469
17, 526

10,117
17,525

6,759

7,053

59, 464

Tires and Tubes
Pneumatic casings:
Production
Shipments —
Domestic
Exports
Stocks, end of 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

thousands

2,379

2,538

3,125

3,941

4,538

4,543

3,955

3,730

3,188

2,940

thousands..
thousands i
thousands

2,185
96
6,640

3,034
111
6, 527

3,845
123
7,117

4,244
125
7, 936

4,320
137
8,358

4,197
135
8,250

3,894
142
8,025

3,143
155
8,012

2,580
142
7,629

2,855
140
7, 166

thousands., i

11

10

12

13

12

11

12

11

11

thousands.. ._
thousands
thousands

13
1
43

12
1
46

15

14

51

15
1
55

57

14
1
61

14
1
64

15
1
69

12
1
73

2,251

2,123

2,550
139
7,203

2,119
148
7,676

13 |

13

13

12 I
1 !
75 j

12
1
76

13
1
76

;

thousands

2,462

2,759

3,548

3,964

4,286

4, 330

3,693

3,560

3,133

2,898 |

2,448

2,144

thousands.. ..
thousands.. . .. _ _
thousands

2,187
63
6, 657

3,247
73
6,476

4,158
82
7,019

4,569
96
7,672

4,228
89
8,403

4,135
89
8,439

3,610
99
8,330

2,922
109
8,380

2, 619
101
7,937

3,147
102 !
7,552

2,634
96
7,999

2,147
84
8,250

9. 263

9, 585
29, 854

11,745
36, 232

15, 140
46, 697

17. 085
51,280

18. 010
53, 418

15, 244
45, 016

14, 041
41,851

12,002
36, 651

12, 738
36, 319

8,358
25, 537

8,418
26, 253

23, 966
22, 728

21, 580
27, 080

17, 932
14, 431

21,161
15,419

19,380
18, 094

16, 846
16, 803

19,380
19,220

16, 361
18, 276

21,884
13,059 i

12, 881
20, 791

15, 493
22, 623

thous. of Ibs
thous. of lbs_.

28,372

Miscellaneous Rubber Products
Calendered rubber clothing:
Net orders
no. coats and sundries.. j 14, 341 20, 925
Production
no. coats and sundries..! 23, 225 j 19, 773
2
Revised.



3

Quarter ended in month indicated.

SUKVEY OF CURRENT BUSINESS

January, 1932

41

MONTHLY BUSINESS STATISTICS—Continued
Earlier data for items shown here may
be found in the 1931 Annual Supple- NovemAugust
October Septemment to the Survey
ber
ber

1931
July

1930

June

May

April j March

Febru- January Decem- Novemary
ber
ber

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 _
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
ShipmentsExports
thous. of pairs I
Repair trade
thous. of pairs -|
Shoe manufacturers— -thous. of pairs
Stocks end of month
thous. of pairs '

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

798
1,650
1,431
3,879
209
576

790
1,857
1,584
4,231
215
569

832
2,129
1,656
4,617
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

779"
1,276
1,345
3, 400
165
432

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

1,999
2,657
100
6,766

2,142
3,316
121
7,523

2,591
4,049
150
8,833

2,609
3,107
236
10,328

2,492
2,688
200
11,047

, no

2,409
2,377

ft, 447

1,875
871
175
11,633

1,940
319
148
10, 712

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
1,229
108
17, 024

1,261
626
50
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

2,736
4,212
135
18, 449

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
3,886
208
23, 789

3,402
3,942
171
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
3,926
184
27, 627

4,089
4,759
237
28, 806

4,675
4,531
282
29, 160

14, 567

15, 827

16, 293

15, 361

17,093

15,474

15,408

14, 661

13, 156

12, 973

13, 101

11,083

617
5,924
7,484
24, 652

501
6,994
9,724
23, 952

614
5,355
11, 653
25, 832

540
4,058
11, 177
27, 006

630
4,946
10, 522
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

880
4,473
4,578
29, 130

445
2,476
1,191
4,112

596
528
2,988
2,226
1,176
965
4,692 . 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
738
891
2,206

476
697
736
1,909

532
1,426
864
2,822

2,610

2,880

2,933

2,864

3,177

2,885

2,692

2,292

2,724

2,481

3,021

1,426

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

58
243
2,305
2,917

60
280
1,011
2,390

197
462

:::::::::

394
1,267
868
2,529

STONE, CLAY, AND GLASS
New orders
re] 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
154.5

44.0

50.0

46.7

49.0

60.0

52.3

48.7

55.3

48.0

53.3

48.7

53.3

113.4
140. 2
24.5

113.9
150.9
25.0

105.9
143.9
25.5

104.8
154.5
25.0

118.7
164.2
26.5

132.0
174.9
27.3

116.5
175.5
23.7

105.1
179.4
25.5

102.6
173.4
24.2

75.3
165.0
28.0

100.6
166.0
33.8

106.2
162.9
41.3

422
479
3,516
534

434
454
3,577
587

425
477
3,602
639

540
521
3,660
669

540
574
3,652
733

549
569
3,684
781

533
579
3,698
784

395
522
3,734
685

338
369
3,836
708

310
303
3,856
778

494
365
3,823
778

543
536
3,677
821

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

5,518
529
5,424
10, 199
10, 710

6,664
494
5,758
8,975
9,960

5,084
1,595
4,375
10, 724
6,513

3,999
1,698
3,330
11, 119
5,232

4,869
1,466
3,743
12, 566
7,070

4,140
1,493
3,306
12,545
6,720

3,718
910
3,367
11,594
5, 245

6,053
1,846
4,277
12, 070
9,125

7,126
3,044
4,659
12, 730
8,183

1,779
1,941
5,709

1,820
2,310
5,536

1,859
2,213
5,930

2,102
2,180
5,887

2,465
2,491
6,086

2,119
2,545
6,003

1,952
2,291
6,078

2,250
2,479
5,974

2,342
1,972
6,307

2,634
2,041
6,696

1,894
1,486
7,022

2
2
2

2,128
64.2
6,713

1,948
62.0
6,860

2,239
68.6
7,591

2,268
69.5
8,268

2,565
75.9
8,625

2,481
73.4
9,127

2,404
71.4
9,785

2,166
64.4
10, 340

1,777
57.2
10, 913

1,776
52.8
10, 761

1,698
50.5
9,628

2 21, 861
59. 6
« 9, 325

2

Brick
Face brick (average per plant)'.
*
Production
-thousands _
325
318
Shipments
- - thousands-Stocks end of month
thousands
3,521
Unfilled orders, end of month-thousands—
457
Sand-lime brick:
Production
- -thousands
3,190
634
Shipments by rail
thousands-Shipments by truck
thousands
3,350
Stocks end of month
-thousands _ 10, 035
Unfilled orders, end of month. thousands .. 10, 485
Glass Containers
Net orders.
thous. of gross.. 1,814
1,537
Shipments - thous. of gross __
Stocks, end of month
thous. of gross.. 5,872
Production:
Total
thous. of gross. . 1,692
Per cent of capacity _ _
._ 55.1
Unfilled orders, end of month, thous. of gross.. 6,745
Illuminating Glassware
New orders
p. ct. of capacity _
Production:
Total
no. of turns..
Per cent of capacity
.
Shipments
p. ct. of capacity-Stocks end of month no of weeks' supply
Unfilled orders, end of
month
..no. of weeks' supply. .
Plate Glass
Plate glass, polished, produc3,385
tion.
_—
thous. of sq. ft—

2, 172
1, 641
6, 523

26.6

26.3

24.8

24.3

29.3

27.3

28.6

32.4

27.0

30.7

26.5

30.5

2,276
30.4
30.1
.4

1,679
22.4
26.0
.9

1,607
21.4
21.6
.9

1,492
19.9
24.0
3.9

2,161
28.8
28.2
4.1 !

2, 037
27.2
26.8
4.1

2,086
27.8
28.8
4.1

2,108
28.1
28.7
4.1

1,818
24.2
25.9
4.2

2,183
29.1
28.7
1.1

1,912
30.9
27.6
5.1

2,059
33.2
30.6
4.9

.8

.2

.2

.8

.9

.8

.8

.8

.2

.7

.7

4,532

4,611

6,088

7,216

7, 554

9, 466

10, 174

10, 593

8,882

7,321

4,941

7,103

2,918
2,544
19, 597

3,142
3,683
21, 957

4,740
4,533
23,450

4,571
5,761
25, 236

5,796
5,577
24, 641

6,213
5, 237
27,850

4, 824
4, 665
28,394

6,898
4,093
28,248

6,163
4,178
30, 259

5,570
3,699
30,004

4,559
4,597
29, 347

4,586
3,259
29, 598

4,451
5, 634
30, 370

6,072
94.15

5,887
96.12

7,104
96.32

7,697
97.77

11,387
10, 804
10, 476
98.91 : 98. 96 | 99. 16

32,541
98.84

31, 497
97.86

30,526
96.49

29, 863
99.26

30, 400
98.52

29, 869
96.68

135, 931 182, 938
125, 891 155, 404
501, 972 506, 901
199, 009 188, 969

116, 794
127,954
529, 531
161, 435

64,260 150, 451 250,183
133, 802 184, 563 172, 334
583,099 552, 403 594,886
233,504 303, 046 337,158

131, 807
108, 065
623, 125
259,309

113, 710
121, 259
582, 675
235, 567

1

.7

Plumbing Fixtures

Porcelain:
Net new orders
number of piecesShipments _
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
piecesShipments
piecesStocks, end of month
piecesorders, end of month
pieces..
Digitized forUnfilled
FRASER
http://fraser.stlouisfed.org/
2 Revised

Federal Reserve Bank of St. Louis

122, 977 121, 324 j 136,285 ! 119,922 93, 108
139, 005 135, 292 134, 549 128, 574 117, 105
533, 305 554, 939 574, 304 ! 593,268 597, 476
172, 595 188, 623 202, 591 200, 855 209, 507

42

SURVEY OF CURRENT BUSINESS

January, 1932

MONTHLY BUSINESS STATISTICS—Continued
1931

Earlier data for items shown here may
be found in the 1931 Annual Supple- NovemAugust
October Septemment to the Survey
ber
ber

1930

July

June

May

April

March

Febru- January Decem- Novemary
ber
ber

STONE, CLAY, AND GLASS— Continued i
Portland Cement
37.2
47.4
1,310
1.318
8,161
10, 762
7,156
12, 360
22, 223 2 21, 218
6,212 2 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
4,692
27, 759
10, 384

38.2
1.591
8,480
5,688
25, 883
8,809

51.7
1,599
11,098
8,784
23, 056
7,758

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

3, 373
329

thous, of sq. ft._

3,690

4,145

4,346

4,120

4,090

3,861

3,535

2,656

2,866

3,342

3,134

thous. of sq. ft__
thous. of sq. ft..

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

3,791
14, 166

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
71.0

61.4
72.4

73.9
73.3

Per cent of capacity
Prices, wholesale, composite dolls, per bbl._
Production
thous. of bbls._
Shipments
thous. of bbls..
Stocks end of month
thous of bbls
Stocks' clinker, end of month.. thous. of bbls..
Terra Cotta
Terra cotta, new orders:
Quantity
net tons
Value
- - thous. of dolls. Tile
Floor and wall tile:
Production...
Shipments—
Quantity
Stocks, end of month

1,269
115

TEXTILES
New orders
.
rel to 1923-25
Prices, wholesale..
_rel. to 1926..
Production index (Fed. Res.
Bd )
rel to 1923-25
Production index (elect, energy
consumed)
rel. to 1923-25..
Stocks, manufactured goods,
end of month
rel. to 1923-25. .
Stocks, raw materials, end of
month
rel. to 1923-25..
Unfilled orders, end of month._rel. to 1923-25..
Imports:
Burlaps
Fibers

2 102. 4
61.5

60.7
90

93

100

100

102

97

98

98

97

93

86

87

93

93.4

98.2

98.7

95.0

98.2

100.5

103.7

100.0

97.3

99.3

86.4

89.8

87.0

90.5

86.8

86.5

90.3

88.9

90.8

90.7

93.4

94.1

92.4

100.0

109.2

9,3

289.9

250. 2
34.9

169.8
36.5

133.2
42.2

133.5
44.9

148.9
44.7

161.2
46.5

176.8
46.4

196.3
46.5

212.2
44.8

229.9
38.9

241.8
34.3

237.6
37.3

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
19, 162

44, 591
20, 429

36, 656
14,681

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

9,107

9,408

9,730

9,869

10, 177

9,990

9,864

9,914

10, 120

10, 579

10, 704

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

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..

521
1,764
1,313

1, 226

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

*
132
2,157
1,749

191
2,017
1, 87S

303
1, 845
2,370

]

251
1,708
2,028

160
1,580
1,714

159
1,232
1,222

444
1,183
1,100

234
223

222
218

161
137

207
191

41

36

433, 376
84.4

405, 117
87.7

«••

36

Cotton
Consumption by textile mills
bales
Consumption by textile mills __rel. to 1923-25 ._
Exports, unmanufactured:
Exclusive of linters
thous. of bales. .
Total
thous. of dolls
Qinnings.
thous. of bales. .
Imports, unmanufactured
._ . bales
Machinery, activity of spindles:
Activity spindles
thousands
Activity per spindle
.hours..
Total activity
mill of hours
Per cent of capacity
- per cent
Prices:
To producer
dolls, per lb-_
In New York, middling
dolls, perlb..
Production, crop estimate
thous. of bales_.
Receipts into sight thous of bales
Stocks, domestic, end of month:
Mills
thous of bales
Warehouses
thous. of bales
Total, mills and warehouses
thous of bales
Total, mills and warehouses
_.
rel. to 1923-25 Stocks, world visible, end of month:
American _ _
thous. of bales
Total
i
-thous. of balss.-

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

1,071

1,014
39, 838
12, 130
2,636

558
23, 457
5,408
5,426

211
9, 898
565
7,236

259
13, 525
7
9,305

255
13,517

15, 023
5 986

336
18,928

392
22, 948

14, 134

15, 189

24, 861
186
6,014
85.8

25, 188
203
6,596
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

.061
.065
16 918
3, 035

.053
.064
16. 903
4,082

.059
.065

.063
.072

.085
.093

.077
.090

1, 623

333

277

103

341 I

358

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

10, 566

7, 072

5, 266

5,520

6,102

6,748

7,404

8, 136

281.0

188. 1

140. 1

146.8 ;

162.3

179.5 I

196.9

216.4

7 299
9,184

5, 275
7, 1 13

4, 498
6, 435

4,775 |
6,899

5,236
7,572

5,861 i
8,346 ;

6,302
8,883

6,826
9,332

63, 014
78, 027

70, 138
76, 245

65, 983
71, 615

12, 137

322.8

1

490, 509
95.6

405, 518
79.0

415,315
80.9

17, 258

605
433
35, 961
25, 402
13, 756
10, 266 ! 11, 165

533
31, 198
13,593 !
11, 299

766
47, 230
13,258
4,461

908
59, 307
12, 837
3,410

i 26,669
i
216
i 7, 125
i
94. 1

26,504 \ 25,798
211 !
184
7, 000
6, 122
91.0
87.3

25, 628
191
6,365
80.7

25, 550
176
5,924
75.9

25, 797
173
5, 825
79.7

.086
.102

.096
.110

2,749

.088 i
. 093

.093
. 102

.096 !
.109 j

.091
.110

447 :

513

729

.087
.101
• 14, 243
1, 627

1,478
1,550
6,658 i -7,314

1,618
7,939

1,656
8,376

1,564
8,398

8, 864

9,557

10, 031

9,962

235.8

254.2

266.8

264.9

7,381
9,958

7,576
9,897

7,841
9,897

7,676
9,437

87,318 ! 76,847
65, 145
64, 546

68,380
65, 704

70, 301
68,420

62, 005
68, 817

Cotton Finishing
Printed only (mills and outside) :
Production
_.
thous. of yds
Stocks, end of month
thous. of yds_.

« Revised.
http://fraser.stlouisfed.org/

Federal Reserve Bank of St. Louis

59, 501
81,606

* As of Dec. 1.

56,153
57,412
67, 704
86, 612
74,662 ! 77,335 | 74,436 ! 72,973

5 Final estimate for 1930.

SURVEY OF CURRENT BUSINESS

January, 1932

43

MONTHLY BUSINESS STATISTICS—Continued
Earlier data for items shown here may
be found in the 1931 Annual SuppleNovem- October SeptemAugust
ment to the Survey
ber
ber

1931

1930

July

June

May

April

March

February

NovemJanuary December
ber

TEXTILES— Continued
Cotton Finishing— Continued
White, dyed, and printed (outside mills):
Billings, finished goods
thous. of yds_- 40, 516
New orders, gray yardage. -thous. of yds.. 38, 304
43
Per cent of capacity
- per cent
Shipments, finished goods
cases.. 22, 828
Stocks, finished goods, end of
month
.. .cases. _ 18, 887
1.6
Unfilled orders, end of month
..days..
Abrasive cloth. (See paper products.)
Cotton Goods
Cotton cloth:
Imports
thous. of sq. yds_.
Eiports.thous. of sq, yds..
Cotton textiles:*
New orders
thous. of yds._
Production
thous. of yds_.
Shipinents
thous. of yds_.
Stocks, 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..

48, 237
44, 515
48
26,811

49, 252
45, 782
49
27, 207

44, 982
44, 372
48
24, 483

45,831
45,233
47
24,916

51, 577
41,119
45
27,221

52, 537
45,937
51
30, 109

60,590
50, 394
52
31,176

61, 803
57,872
58
35, 334

50, 166
49, 679
56
30, 593

43, 642
46,370
47
29,031

47, 566*
39, 749
40
23,888

40, 249
38, 541
44
23, 743

18, 321
1.5

17, 467
1.6

18, 095
1.7

16, 404
1.5

16, 433
1.5

17, 141
1.9

16, 677
2.7

17, 641
2.7

17,071
2.6

20,134
2.6

23, 593
2.6

21, 803
2.5

1,958
29, 897

2,185
25, 599

1,692
30,309

4,326
35, 272

3,937
34,370

3,920
30, 961

2,810
30, 776

2,530
33, 392

2,148
25,188

2,641
31,488

1,658
29,388

1,763
29, 273

224, 207
231, 446
213, 889
273, 390

333, 679
227, 116
216, 207
255, 833

287, 708
272, 118
278, 049
244, 924

167, 555
209,050
227, 644
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

137, 749
225, 955
217, 582
282, 154

295, 334
271, 638
317, 185
273, 781

326, 691
212, 168
248,354
319, 328

239, 106
202, 149
210, 597
355, 514

182,656
234, 052
226,951
363,962

183, 067
206, 633
200, 661
356, 861

354, 957

344, 639
969

227, 167
1,031

217, 508
969

277, 597
1,015

330, 575
1,018

248, 544
1,124

294, 118
1,199

373, 9H
1,363

395, 802
1,180

317, 465
1,041

288,956
921

333, 251
1, 000

9, 263

9,585

11,745

15, 140

17,085

18, 010

15, 244

14,041

12,002

12,738

8,358

8,418

.041
.050
95

.043
.052
100

.049
.056
111

.048
.054
112

.050
.058
115

.053
.059
119

.055
.059
121

.053
.065
119

.052
.062
120

.053
.065
122

.057
.066
124

.036
.047
87

. 038
.046
91

Cotton Yarn
Carded sales yarn:
Production
thous. of Ibs
Stocks, end of month
thous. of lbs_.
Unfilled orders, end of month
thous. of Ibs
Prices:
22/i cones, Boston
dolls, perlb..
40/ls southern spinning
dolls, per lb_.

11,574
9,832

14, 703
9,461

10, 858
9,382

10, 295
10, 023

11,800
10, 181

10,067
11, 195

13,377
11,212

11,081
12, 240

11,536
12, 537

10,968
13, 420

12, 665
13, 795

9,582
13, 531

11,787
12,548

32, 519

32, 943

29,819

31, 351

32,951

34,017

34,914

38,825

40, 979

42,407

39,963

38,920

38, 926

.192
.312

.189
.315

.212
.336

.225
.352

.215
.352

.223
.353

.231
.369

.240
.382

.239
.390

.247
.390

.254
.405

6,432
6,463
7,944

5,626
8,228
5, 621

4,810
9,012
5,577

13, 662
10, 389
13, 383

11, 368
6,960
10, 169

9, 215
6,400
8,575

7,901
6,757
8,239

6,850
6,387
7,043

7,925
5,076
7,295

6,621
5,261
5, 749

1,725
1,792
1,627

1,619
],605
1, 492

1,471
1,826
1,496

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

3, 760

6,609

5,465

6,033

4,474

5,324

5,615

6,693

6,049

4,496

3,048

4, 520

2,333
2,184

2,822
2,419

2,667
2,412

2,621
2,375

4,001
2,815

4,060
3,186

4,273
3,301

4,081
3,394

3,044
2,724

2,565
2,333

2,353
2,126

2, 417
2, 075

2,180

2,400

2,751

2,615

2,656

2,810

2,962

3,358

3,058

2,735

2,031

2, 424

Floor Covering
Felt base:
New orders
thous. of sq. yds._
Production
thous. of sq. yds..
Shipraents
thous. of sq. yds._
Linoleum:
New orders
.__
thous. of sq. yds. .
Production
thous. of sq. yds._
Shipments
thotis. of sq. yds..

.201
. 326

.248 !
.390

Fur

Sales by dealers

thous. of dolls..

Pyroxylin-Coated Textiles
Pyroxylin spread
_
thous. of Ibs..
Shipments billed
thous. of linear yds
Unfilled orders end of
month.
.
thous of linear yds
Rayon
Imports.
Price, 150 denier, "A" grade,
New York
_

thous.'of lbs_-

107

239

299

276

202

225

295

439

274

154

0

216

dolls, per lb_.

.75

.75

.75

.75

.75

.75

.75

.75

.75

.75

.75

.95

.95

Deliveries (consumption)
bales..
Imports, raw
thous. of lbs_.
Prices:
Raw, Japanese 13-15, New
York...
dolls, per lb._
Silk goods, composite
.dolls, per yd_Silk machinery activity:
Broad looms
p. qt. of normal-Narrow looms _
p ct. of normal
Spinning spindles
p ct of normal
Stocks, end of month:
At warehouses
bales. _
At manufacturing plants
bales

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
6,520

41, 356
4,823

55,383
7,725

54, 242
7,318

55, 910
7,405

55, 424
9,877

57, 333
7,000

2,315
98

2.266

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

2, 463
1. 02

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

96.5
60.8
75.1

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
23, 588

58, 430
24, 242

49, 23S
24, 929

45, 805
96.7

52, 199
110.2

47, 710
100.7

40, 373
85.2

38, 420
81.1

33, 856
71.5

30,007
63.3

31,237
65. 9

16, 868

14, 168

21, 258

15,348

11, 687

13,767

10, 920

8, 546

107

97

82

76

75

67

67

65

40
46
61
60

46
45
58
60

44
42
54
57

44
34
59
66

39
30
59
60

29
28
49
47

29
26
46
43

3i>
37
47
50

61
73

60
fifi

55
57

57 '
57 1

66

48
52

45
52

v>

SHk

Wool
Consumption at textile mills,
42, 990
grease equivalent
thous. of ibs..
47, 548
51, 140
53, 886
Consumption at textile mills... rel. to 1923-25..
107.9
90.7
100.4
113.7
Iinports:
In condition, imported
thous. of lbs._
13, 463
9,679
12, 987
11,677
Machinery activity, hourly:
Combs
_p. ct. of hours active86
74
115
109
115
Looms—
Carpet and rugs.p. ct. of hours active-30
38
38
38
40
31
Narrow
_p. ct. of hours active-39
44
45
43
Wide
_ p ct. of hours active
45
49
63
70
64
Set of cards
p. ct. of hours active. _
48
53
61
65
64
Spinning spindles46
Woolen
p. ct. of hours active
53
63
66 !
64
51
Worsted..
D. ct. of hours active..
49
70
78 i
83
* Months of March, June, and September, 1931, contain 5 weeks, other months 4 weeks.



54

44

SURVEY OF CURRENT BUSINESS

January, 1932

MONTHLY BUSINESS STATISTICS—Continued
Earlier data for items shown here may
be found in the 1931 Annual Supple- K ovemOctober Septemment to the Survey
August
ber
ber

1931
July

June

1930
May

April

March

Decem- November
ber

Febru- January
ary

TEXTILES-Continued
Wool— Continued
Prices:
.62
.62
.62
Raw, territory, fine, scoured .dolls, per lb—
.58
.58
.63
.63
.65
.72
.66
.66
.68
Raw, Ohio and Penn. fleeces, K blood,
.22
.21
.21
.20
.22
.21
.23
.20
.22
combing, grease
dolls, per lb__
.23
.26
.27
1.494
1.400
1.400
1.494
1.494
Suiting, 13-oz
dolls, per lb—
1.400
1.490
1.494
1.543
1.601
1.601
1.601
Women's dress goods, French
.925
.925
.925
.925
.925
.925
.925
serge, 54-in. at factory
dolls, per yd—
.968
1.050
1.050
1.050
1.050
.950
1.00
.950
.950
1.00
1.00
1.00
1.00
1.00
Worsted yarns
dolls, perlb..
1.17
1.10
1.10 |
Receipts at Boston:
6,567
53, 779
16, 595
34, 445
76,046
26, 151
6,741
6,163
8,215
3,363
7,574
10, 376
Domestic
thous. of lbs._
2,112
2,964
4,190
2,405
3,335
5,064
7,432
863
3,061
7,399
4,000
6,528
Foreign
thous. of lbs_.
9,628
18, 707
56, 743
7,026
30, 341
36, 850
79, 381
17, 775
13, 279 13, 269 10, 795
11, 574
Total
thous. of Ibs.TOBACCO
Unmanufactured :
Production, crop estimate _. mills, of lbs_. 4 1, 610
• 1, 635
20, 574
38, 737
48, 911
49, 170
44, 826
23, 113
45,006 i 39,908
46,879
50,440 | 62,148
Exports, leaf
thous of Ibs
StocksChewing, smoking, snuff, and export
» 1,453
3 1, 492
31,419
types, quarterly
mills, of Ibs
» 1 698
3
;
3341,905
3370, 142
Cigar types, quarterly, thous. of Ibs » 354, 18*
- ; 277, 850
Total, including imported
8
8 2 1M
» 1,915
1, 841
! * 1, 853
types, quarterly
mills, of Ibs _
Manufactured products:
!
Consumption (tax-paid withdrawals)—
Large cigars
- thousands 477, 458 534, 371 449, 330 463, 256 478, 901 517, 514 487, 300 459, 982 440,472 362, 839 362, 939 349, 635
9,695
9,520
11, 508
10, 448
9, 802
8, 675
7,850
10, 700
9,471
8,836
Small cigarettes
"
- millions 8,956
9,368
Manufactured tobacco
34, 139
33, 278
31, 086
30, 780
31, 558
25, 815
27, 935
30, 661
and snufi
thous. of Ibs
30, 781
31, 049 29, 562 31, 697
Manufacturing
133
137
112
118
118
122
132
1.14
134
131
121
128
operations -rel. to 1923-25 191, 385 257, 854 254,049 243, 233 244, 201 250, 858 241, 703 324, 808 256, 706 229, 697 338, 808
Exports, cigarettes
thousands MISCELLANEOUS PRODUCTION
Buttons
Fresh-water pearl buttons:
Production, ratio to capacity ..per cent..
Stocks end of month
thous. of gross
Imports:
ButtonsProduct of Philipptnes.thous. of gross-.
76
All other
thous. of gross. _
10
Shells—
Mother-of-pearl.
_ -thous. of lbs._
All other
thous. of Ibs..
Tagua nuts
-thous. of lbs-_
FUELS
Coal
Anthracite:
Exports...,
thous. of long tons..
PricesRetail, composite, chestnut
dolls, per short ton.. 14.96
Wholesale, composite chestnut
.
dolls, per long ton.. 13. 083
Production ._
thous. of short tons4,141
Stocks, end of month, in yards
of dealers
no of days' supply _.
Bituminous:
Consumption—
By coke plantsCanada
thous of short tons
United States
thous. of short tons__
3,442
By electric power
plants
thous. of short tons. .
By railroads
thous. of short tons..
By vessels clearing
ports
..
thous. of long tons..
Exports
thous. of long tons..
PricesMine average (spot)
dolls, per short ton..
Prepared sizes (composite)
dolls, per net ton.. 3.962
Retail, composite .dolls, per short ton..
8.23
Wholesale, composite
dolls, per short ton..
3.705
Production —
Canada
thous of short tons
United States.. -thous. of short tons.. 30, 110
Production index
rel to 1923-25
67
Stocks, end of month, held
by consumers
thous of short tons
Coke
Exports
thous. of long tons..
Price, furnace, Connellsville
2.38
.__
dolls, per short ton..
Production:
Canada
thous. of short tons_.
United States98
Beehive
thous. of short tons .
2,276
By-product
thous. of short tons.-

.72
.29
1.601

1.050
1.20

4,576
1,664
6, 240

57, 964

528, 128
7, 952
25, 976
119
251, 507

46.9
8,640

42.9
8,583

45.0
8,689

31.3
8,803

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

42.0
8,756

50
11

62
5

95
6

68
10

118
446

61
11

55
2

94
2

59
3

59
4

82
9

65
9

445
479
2,025

451
83
2,014

399
467
1,527

256
134
2,025

202
527
1,999

272
43
901

395
48
1,720

289
95
592

273
369
1,329

475
22
270

896
15
858

402
458
331

157

121

101

110

146

148

120

79

159

207

j
178

;

182

14.97

14.93

14.73

14.59

14.31

14.19

14.39

14.85

14.85

14.88

14.88

14.90

13. 083
6,551

13. 083
4,353

12. 796
4,314

12. 614
3,954

12. 413
4,544

12. 270
5,005

12. 202
5,700

12. 608
4,745

12. 732
5,391

12. 732
6,157

12. 751
» 6, 050

12. 751
2 5, 176

75

60

45

21

31

43

75

191

179

186

193

213

229

230

2i7

235

236

246

3,616

3,459

3,634

3,795

4,027

4,629

4,682

4,902

4,408

4,686

4, 737

3,426
5,776

3,281
5,268

3,233
5,419

3,168
5,463

2,954
5,314

2, 953
5,821

2,963
5,885

3,410
6,414

3,286
5,810

3,688 I
6,598

3,837
6,622

3,670
6,642

183
1, 078

163
1,163

165
1,217

186
1,087

209
994

195
926

168
671

136
665

141
645

187 !
700

201
803

204
1,287

1.62

1.58

1.58

1.56

1.60

1.64

1.69

1.77

1.77

1.77

1.78

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
8.4b

4.001
8.71

4.223
8.83

4.268
8.87 I

4.317
8.94

4.336
8.94

3.703

3.705

3.704

3.706

3.692

3.723

3.760

3. 791

3.814

3.829

3.898

3. 900

1,204
35, 700
71

1,005
31, 919
70

760
30, 534
70

826
29, 790
74

888
29, 185
74

902
28, 314
75

888
28,478
77

1,028
33, 870
76

963
31,408
73

1,164
38, 542

77

1,275
2 40, 222
85

1,315
2 38, 609
86

30, 900

30, 100

26, 900

29,500

34,200

37,200

34, 500

249
8

4, 770

50

52

87

50

45

86

43

54

67

71

70

69

2.45

2.45

2.45

2.45

2.45

2.48

2.50

2.50

2.53

2.55

2.55

2.58

140

126

132

139

155

169

169

179

165

171 I

181

185

105
2,389

78
2,310

70
2,443

76
2,569

87
2,716

94
3,126

109
3,146

149
3,256

163
2,898

163 I
3,092 |

170
3,055

2 168
» 3, 137

Petrolcum
Asphalt:
1
12
14
Imports
. . thous. of short tons..
312
210
314
326
Production
thous. of short tons..
332
299
340
299
Stocks, end of month. thous. of short tons..

» Quarter ended In month indicated*
• Revised.

4
314
349

10
315
393

9
304
380

7
248
360

3
168
308

3
217
295



« As of Dec. 1.

7
3
0
190
166
147
354
332
295
«Final estimate for 1930,

January, 1932

45

SURVEY OF CURRENT BUSINESS
MONTHLY BUSINESS STATISTICS—Continued

'Earlier data for items shown here may
be found in the 1931 Annual Supple- NovemOctober
ment to the Survey
ber

1931
Septem- August
ber

July

June

1930
May

April

March

Decem- November
ber

Febru- January
ary

FUELS—Continued
*

Petroleum— Continued

Coke:
159
168
180
Production
thous. of short tons
178
173
180
1,393
1,391
1,439
Stocks, end of month.thous. of sbort tons..
1,516
1,451
1,315
-Crude petroleum:
Consumption (run to stills) -thous. of bbls._ 71, 367 75, 675 I 75, 094 80,672 79,758 76,237
4,106
3,426
2,702
3,588
Imports
thous. of bbls.. 3,604
3,978
874
445
441
599
Oil wells completed
number..
705
603
.434
.238
.710
.560
.560
.300
Price, Kansas-Oklahoma.—dolls. per bbl..
Production
thous. of bbls._ 72, 851 73, 079 63, 636 68,418 77, 961 75, 116
124
102
122
2 116
122
Production index
_rel. to 1923-25 _
107
64
65
69
68
66
Refinery operations
p. ct. of capacity _.
67
162
161
161
165
Refinery operations index rel to 1923-25
161
Stocks, end of monthCalifornia —
Heavy
thous. of bbls . 95, 470 95, 566 2 95, 749 97,809 98, 098 99,015
Light.
_
thous. of bbls.. 40, 471 40, 328 M0,841 40, 495 39, 621 40,043
East of California39, 021
36, 566
36, 705
38,358
41,007
41, 734
Refineries
thous. of bbls
Tank farms and pipe
lines
_ .
thous. of bbls 284, 222 283, 201 284, 840 294, 831 305, 009 305, 876
Total
thous. of bbls 320, 788 319, 906 323, 198 333, 852 346, 016 347, 610
Mexico—
3,129
2,841
Production
thous. of bbls..
2,628
2,960
1,864
2,183
1,488
Exports
thous. of bbls..
2,716
Venezuela9,274
9,401
9,420
8,561
Exports.
thous. of bbls..
9,796
9,913
9,412
9,181
Production
_
thous. of bbls
•Gas and fuel oils:
Consumption—
712
726
702
622
By electric power plants.thous.of bbls.
691
3,286
3,567
3,554
3,236
3,440
By railroads—
thous. of bbls..
3,442
3,839
3,643
3,095
4,053
By vessels
thous. of bbls._
Price, Oklahoma 24-26,
.280
.294
.350
.338
.319
.385
refineries
dolls per bbl
Production
thous. of bbls.. 27, 126 28, 709 28, 749 30, 292 29, 488 29, 512
Stocks at refineries at end of
month
thous. of bbls._ 45, 434 44, 883 45, 239 44, 551 41,416 38, 581
Oasoline:
39, 459
35, 051 2 36, 670
39, 459
Consumption
.thous. of bbls..
38, 375
3,325
4,036
4,166
3,074
3,093
Exports
thous. of bbls..
8,758
9,007
7,180
7,178
Fxports
thous of dolls "~8»~366~
7,234
.133
.143
.143
.133
,143
Prices, wholesale, New York.dolls per gal..
.133
Prices, retail, filling station,
.125
50 cities
dolls, per gal
Production3,179
3,405
3,345
3,521
3,062
3,521
Natural gas (at plants) .thous. of bbls._
Raw (at refineries) .....thous. of bbls.. 36, 137 38, 582 37, 469 39, 283 38,440 37, 024
Retail distribution—41 States-mills, of gals.
Stock, end of month641
722
361
614
855
860
Natural gas (at plant). thous. of bbls..
Raw (at refineries)
thous. of bbls.. 38, 696 36, 356 * 35, 105 36, 405 40, 332 44, 296
Kerosene:
3,906
2,678
3,042
2,341
2,114
2,104
Consumption
thous. of bbls
1,267
1,131
1,057
1,214
Exports
thous. of bbls._
720
.039
.038
.039
.038
.042
Price, 150° water white
dolls, per gal._ """"."oil"
3,701
3,239
3,685
Production
thous. of bbls.. 3,815
3,696
3,404
Stocks at refineries, end of
5,924
6,734
6,558
6,869
month
thous. of bbls.. 5,618
6,521
Lubricating oil:
1,211
1, 639
1,753
1,549
1,969
Consumption
thous. of bbls-.
1,615
Price cylinder oil
dolls, per gal
2,164
2,267
Production
thous. of bbls
2,143
2,306
2,337
2,088
Stocks at refineries, end of
9,422
9,113
9,289
month
thous. of bbls
9,224
9,597
9,763
Wax:
Production
thous. of Ibs.. 46, 760 46, 200 42,000 37, 520 37,800 34, 160
183, 938 189, 167 191, 158 192, 198 198, 407 200, 836
Stocks end of month
thous. of Ibs

178
1,250

168
1,158

170
1,089

151
1,053

159
1,032

166
1,069

158
1,097

78, 521
4,512
498
.530
77, 164
122
67
163

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

70, 310
4,467
657
.850
67, 957
114
64
151

100, Oil
40, 805

100, 578
40, 840

100, 531
41,016

101, 442
40, 651

102, 368
40, 389

103,421
40, 325

103, 253
40, 472

41, 785

41, 136

43, 457

317,854 320,740
359,639 ! 361,876

323, 151
366, 608

2,890
1,263

2,922
1,690

2,89a
1,895

9,516
9,486

10,877
10,384

10,704
10,492

11,134
10,911

643
3,644
3,667

637
3,181
3,622

800
3,599
3,544

845
3,705
3,868

790
3,806
3,794

.488
30, 073

.510
30,754

.588
26, 536

.600
29, 174

.610
29,704

.650
29, 054

36, 579

33,854

32, 105

32, 159

33,977

37,007

40, 427

35, 716
4,792
12, 540
.133

33,400
3, 988
10, 705
.133

31,037
2,841
8,426
.133

26, 133
3,586
10, 604
.138

26,844
4, 662
13,765
.135

29, 213
4,225
13, 728
.141

30, 882
3,549
12, 387
1.41

.122

,124

.137

.149

.148

41,819

41,413

40, 786

42,027

306, 287
348, 106

368, 752
350, 165

310, 377
351, 163

313,310
355, 337

3,080
2,808

2,761
2,392

2,819
1,528

2,564
1,463

9,049
9,515

8,586
9,263

10, 362
10, 283

541
3,606
4,286

552
3,536
4,043

.463
29, 949

.146

.150

!

4,271
34, 472
890

4,317
33, 572
929

3,814
39, 019

3,824
36, 601
962

4,048
35, 246
874

3,631
31, 328

4, 140
32,708
835

996
47, 948

1,006
48,587

884
48, 225

692
45, 355

606 ;
42,818 |

578
40, 541

596
38, 705

2,895
1,145
.045
3,389

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

2,786
1,310
.054
3,575

2,841
970
.053
3,590

5,960

6,129

6,300

6,477

6,535

6,883

7,379

1,865

1,850
.145
2,316

1,950
.145
2,293

1,583
.146
2,036

1,715 I
.165
2,441

1,459
.172
2,509

1,573
.184
2,409

2,264

111

10, 119

10, 463

10, 710

10, 911

35, 840
205, 803

33,040
205, 105

37, 520
208, 620

38, 640
229, 414

1
i
i
1

10, 971

10, 536

42, 560 i 36,120
233,044 j 232, 592

35, 840
237, 027

« 2, 230

2 2, 483

15, 352
1,505
446
749
»395
336
2,510
367
2,301
49
3 1, 217
479
211
274
88
430
759
239
275

17, 359
1,536
823
717
554
382
3,105
322
2,912
60
1,430
501
229
223
168
471
713
273
288

577
231
635
815
464
82,467

872
158
567
616
439
89, 260

11,013

DISTRIBUTION MOVEMENT
Advertising
Magazine advertising
.thous. of lines.. 1,882
1,911
Magazine advertising, total
14, 234
14, 007
cost
thous. of dolls
Automotive industry
thous of dolls
1,469
1,311
Building materials
_. thous. of dolls
631
564
Cigars, cigarettes, and tobacco. thous. of dolls..
619
676
Clothing and dry goods
thous. of dolls
399
445
Confectionery
thous. of dolls..
335
342
Drugs and toilet goods.
thous. of dolls.. 2,729
2,665
Financial
thous. of dolls..
251
237
Foods
. . . ._ thous. of dolls
2,634
2,685
Garden..,.
thous. of dolls..
42
32
House furnishings
thous. of dolls
1,231
984
Jewelry
thous. of dolls..
378
246
Machinery
thous. of dolls..
91
72
Office equipment
thous. of dolls..
124
167
Paints and hardware
thous. of dolls
123
116
Petroleum products. . _
thous. of dolls
404
374
Radios
thous. of dolls..
308
313
Schools.
thous. of dolls
232
217
Shoes
thous. of dolls
149
186
Soaps and housekeepers' supplies
thous. of dolls
889
806
Sporting goods
thous of dolls '•
117
118
Stationery and books.
thous. of dolls. J
434
410
Travel and amusement
...thous. of dolls !
333
231
Miscellaneous
thous of dolls '•
560
562 !
Newspaper advertising
thous. of lines.. 81, 891 87, 208
»Revised




1,603

1,316

1,613

2,191

2,375

2,421

2,203

1,992

1,585

11, 967
1,604
397
547
354
328
2,277
187
2,001
41
842
90
50
98
88
463
174
305
95

10, 008
1,304
295
428
180
378
2,210
180
1,805
28
453
77
55
88
45
422
114
317
41

12, 314
1,393
515
422
531
426
2,658
253
1,904
59
630
159
102
170
88
445
141
291
98

16, 692
1,886
682
486
481
553
» 3, 221
294
2,408
121
1,324
*390
190
252
183
526
128
315
208

16, 959
1,886
742
478
412
387
3,417
274
2,418
196
1,462
308
157
246
216
458
116
294
209

17, 173
1,632
749
542
494
301
3,552
319
2,665
210
1,536
168
191
216
232
471
209
274
206

16,002
1,418
651
507
436
304
3,421
294
3,098
266
1,269
123
160
198
111
348
246
276
168

15, 307
1,801
519
519
316
302
3,194
267
3,200
222
967
]03
191
181
79
384
348
363
95

10,820
1,001
338
536
270
292
1,687
255
1,988
119
619
292
151
210
64
282
422
Sll
169

963
201
241
171
450
77, 208

782
683
245
334
160
180
172
320
413
328
67,169 j 66,877

1,091
522
366
614
451
79, 772

1,260
438
345
711
529
88, 443

1,246 !
1,101
309 I
166
380
354
769
577
502
510
88, 737
90,244

849
131
360
480
436
72, 282

471 i
252
406 !
362
403
75,823 i

!
!

'
j

2

SURVEY OF CURRENT BUSINESS

46

January, 1932

MONTHLY BUSINESS STATISTICS—Continued
Earlier data for items shown here may
be found in the 1931 Annual Supplement to the Survey

1930

1931

August
Novem- October September
ber

July

j June

May

April

March

*arT~ | January

Decem- November
ber

DISTRIBUTION MOVEMENT— Con.
Advertising— Continued
Radio broadcasting, total cost. thous. of dolls..
Automotive industry
thous. of dolls
Building materials
thous. of dolls ..
Cigars, cigarettes, and tobacco.thous. of dolls. Clothing and dry goods . . _thous. of dolls
Confectionery
thous. of dolls..
Drugs and toilet goods
thous. of dolls
Financial
_ . -thous. of dolls
Foods
thous of dolls
House furnishings
thous of dolls
Jewelry
_ thous. of dolls
Machinery
thous of dolls
Paints and hardware
thous. of dolls
Petroleum products _ _ _ . .thous. of dolls
Radios
thous. of dolls. .
Shoes, trunks, and bags
thous. of dolls
Soaps and housekeepers' supplies
thous. of dolls..
Sporting goods
thous. of dolls _
Stationery and publishers
thous. of dolls..
Travel and hotels.
thous. of dolls..
Miscellaneous
thous. of dolls .

2,527
68
25
467
32
106
2396
98
652
65
0
37
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
276
56
91
142
112

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
23
122
31
2172

;

672
50
11
88 ,
15
99
130
98

2, 718
140
39
217
52
97
384
110
620
46
63
85
13
110
203
97

2,577
113
61
196
67
97
322
107
568
41
90
85
17
113
202
91

71 ,
3
130
24
2145

61
0
134
93
154

60
0
126
87
134

76.3

105.0

142. 8

96.4
103.4
96.2
95.0 j
25.3
94.7 i

92.7
98.9
93.9
137. 8
57.1
97.8

77.8
146.2
88. 0
121. 6
34. 5
88. 5

144.9
67.1
79.8
79.4
105.8

240.6
109. 0
72.3
89.6
148. 8-

112,250 ! 150, 349
1,065
1, 089 |

2 96, 462
868

66.4
117.7
50.7
299.9
256 .6

60.8
112. &
57.4
2
90. 4
261.5

687,560 ! 767, 229

637, 062

3, 505
172
31
578
53
173
687
128
806
75
12
72
60
115
50
144

23,253
95
37
513
49
128
2650
136
790
59
10
53
72
107
49
141

22,739
64
28
479
27
2109
2489
116
665
84
3
31
57
89
22
124

122
16
120
2
89

122
13
130
2
97

129
24
118
2
79

123.3

2207.1

116.6

84.9

103.2

61.4

66.4

57.9

67.3

68.7

87.1
121. 1
95.5
104. 4
46.5
93.2

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

189.5
96.8
66.2
79.1
122.6

366. 7
191. 1
284.0
131.9
2219.2

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

64.0 ;
70.2 i
81.0 i
98.0
74.3

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

31.1
97.2
54.3
89.1
58.1

30.0
114.0
260.4
282.1
263.1

22.1

17.2
141.5
63.2
263.5
264.3

20.4
186.7
61.1
276.1
264.6

27.5
189.9
62.1
293.9
267.2

34.7
136.5
62.8
2 105. 6
266.7

44.6
98.3
59.1
2112.5
263.6

68.9
39.7
55.4
2100.5
259.3

63.7
25.5
51.6
287.0
254.4

796, 703

804, 455

779, 105

781, 419

750, 960

750, 638

724, 617

642, 484

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 i
36, 352

4,165
39, 627

3, 525
34, 525

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

10, 248
79, 934
o, 178

;

2,591
98
36
262
48
84
445
110
690
46
10
86
36
84
121
91

63
15 i
105
24 :
137

2, 637
134
38
238
48
94
433
2116

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 1923-25
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..
thousands. _
Value
.
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 dolls
Stores operated _
number
J. R. Thompson Co.—
Sales
thous of dolls
Stores operated
. number
Waldorf System (Inc.)—
Sales
thous of dolls
Stores operated.
number-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. .

Revised.



836, 603

2111.9

256.6
256.1 '
267.5

72.9
37.1 !
50.5
295.1 !
254.5

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

110.3
29, 172
3,466

145.3
38, 572
4,418

106.2
28, 379
3, 02&

85
97

86
293

84
87

88
67

91
65

95
90

97
97

106
101

97
92

98
80

97
79

94
165

98
113

80
88

81
84

79
76

81
75

82
80

83
85

83
87

84
87

86
81

88
78

91
85

92
104

11.0

8.9

11.9

6.7

4.7

7.0

6.5

8.4

10.6

120

8.5

7. 4

45, 898
140
27, 495
18, 403

52, 280
160
30, 246
22, 034

45, 955
141
28, 450
17, 505

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
16, 620

72, 486
222
43, 814
28, 672

55, 713
170
33, 312
22, 401

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

2,277
112

2,075
111

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

1,186
121

1,252
156

1,359
156

1,308
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
152

1,338
147

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
384

4,902
384

4, 599
379

74, 642
74, 411
4
4
18,660
18, 603
411,883 399, 779
102,971 99, 945

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
4
21,290
454, 479
113, 620

82,719
4
20,680
435, 292
108, 823

82, 385
4
20,596
439, 545
109,886

97, 559

81, 347
4
20,337
416, 673
104, 168

2 79, 824
4
2
19, 956
400, 203
100, 051

74, 703
4
18, 676
418, 762
104, 691

95, 498
5
19,100
524, 743
104, 949 !

19, 512
508, 490
101, 980

47

SURVEY OF CURRENT BUSINESS

January, 1932

MONTHLY BUSINESS STATISTICS—Continued
Earlier data for items shown here may
be found in the 1931 Annual Supple- NovemOctober Septemment to the Survey
August ! July
ber
ber
DISTRIBUTION MOVEMENT— Con.
Retail Sales— Continued
Chain stores, sales:
F. W. Wool worth & Co.—
Sales
thous of dolls
22, 005
Stores operated
number
1,906
F. & W. GrandSales _. - thous. of dolls. .
Stores operated
.number.G. C. Murphy Co.—
Sales
thous. of dolls
1,578
Stores operated
- number
172
Isaac Silver & Bros.—
Sales
_thous. of dolls..
Stores operated
number..
J. C. Penny Co.—
Sales
thous. of dolls . 16, 493
Stores operated
number
1,458
McCrory Stores Corp.—
Sales
thous. of dolls.. 3, 469
Stores operated
- number .
244
Metropolitan—
Sales
thous of dolls
565
Stores operated _
number..
83
S. H. Kress & Co.—
Sales
-. thous. of dolls. . 5,587
Stores operated
number
221
S. 8. Kresge Co.—
Sales
thous. of dolls.. 11,220
Stores operated
number
710
W. T. Grant Co.—
Sales
thous of dolls
6, 485
Stores operated
number
400
Five and Ten— chain group:
Actual
_ rel. to 1923-25
148
Adjusted for seasonal, _rel. to 1923-25. _
146.6

1931

1930

June

May

April

March

Febru- January
ary

Decem- November
ber

26, 150
1,906

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

-' 24, 078
1,890

2,134
121

1,699
121

1,565
119

1,628
119

1,833
119

1,825
118

2,004
117

1,664
116

1,431
114

1,371
112

3,545
112

1,894
112

1,715
172

1,490
172

1,519
172

1,475
170

1,569
169

1,549
168

1,588
168

1,329
166

1,204
166

1,221
166

3,170
166

1 , 579
2
160

832
45

607
44

589
45

594
45

692
45

695
45

723
45

596
45

513
45

476
45

1,421
45

673
45

17, 968
1,458

14, 577
1'457

13,257
1,456

12, 779
1,454

14,832
1,453

15,450
1,453

15,380
1,454

12, 443
1,454

9,640
1,453

9,725
1,452

23,703
1,452

2 18,940
1,452

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

643
83

571
83

518
83

558
83

702
83

713
84

722
91

508
93

445
94

487
95

1,606
95

724
95

5,706
222

5,295
220

5,286
218

5,104
218

5, 467
217

5,469
216

5, 761
216

5,259
213

4,487
211

4,400
211

12, 061
213

o, 528
213

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

12,503
676

7,423
400

5,570
386

5,395
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

ft, 677
346

2 169
2 152. 0

2 142
2 156. 3

2 143
2 160. 0

2 140
2 148- 5

2 148
2 161.7

2 156
2 168. 0

160
167.9

144
158.7

127
162.5

2 125
2 161.8

2300
2 154. 3

2
160
- 159.3

65.1

65.7

64.6

63.9

64.7

65.8

65.9

66.8

67.9

68.9

70.4

09. 9

56, 534
45, 933

49, 909
45, 379

49, 894
47, 308

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
50, 414

68,053
60, 338

74, 592
76, 325

193, 554

204, 904

180, 220

164, 822

180,570

187,190

203, 991

214, 888

235, 881

224, 413

249, 646

275, 193

289, 021

3,598

5,376

4,140

6,162

5,070

4,648

6,129

4,925

4,923

4,954

5,514

5,635

6, 588

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

36, 202
14, 230

38,913
17, 995

33, 252
11, 257

35, 431
14, 743

42, 279
12, 593

39, 219
12,425

100,826
8,681
15. 694
4.1«8
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

131, 699
16, 676
17,015
5,260
49, 744

141, 621
19, 172
20, 326
8,625
53, 871

155,227
22, 094
23, 686
7, 582
61,094

38. 550
25, 760

40, 072
26, 621

40, 941
28, 002

44, 328
30, 579

48, 018
32,677

51, 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

64,471
41 , 689

9,354
2,701

10, 252
3,435

10, 230
3,658

10, 770
4,420

12, 945
4,706

12, £ §9
4,295

15, 286
5,583

16, 467
5,803

15, 139
4,512

15, 508
4,922

20,049
5,467

23, 737
8,801

23, 516
8,728

161, 494
25, 502

176, 980
28, 378

182, 987
29, 070

199, 205
36, 484

210,061
40, 149

231,077
56, 428

220,666
47, 660

245, 771
58,625

270, 810
76, 735

285, 441
90, 930

6, 783'
242

3,617
242

Warehouses
Public merchandising warehouses,
space occupied
p. ct. of total..
FOREIGN TRADE
Total trade:
Exports
Imports

Canadian
thous. of dolls
58, 430
thous. of dolls.. 46,911

United States
Exports:
Grand total, including
reexports
thous. of dolls. .
By grand divisionsAfrica, total
thous of dolls
Asia and OceaniaTotal
thous of dolls
Japan
thous. of dolls..
Europe—
Total
.thous. of dolls..
France
thous. of dolls
Germany
thous. of dolls. Italy .. _ _ _ _ _ thous. of dolls
United Kingdom_.thous. of dolls..
North AmericaTotal
thous. of dolls..
Canada
thous. of dolls..
South AmericaTotal
thous. of dolls..
Argentina
thous. of dolls. .
By economic classes—
Total domestic exports
only
thous. of dolls. _
Crude materials
thous. of dolls.Foodstuffs, crude, and
food animals
thous. of dolls-Manufactured foodstuffs
thous. of dolls. _
Finished manufactures.thous. of dolls. .
Semifinished manufactures
-thous. of dolls.Agricultural exports (quantities)—
All commodities
rel. to 1910-14
All commodities (except
cotton)
rel. to 1910-14
Imports:
Grand total
thous. of dolls..
By grand divisions—
Africa, total
-thous. of dolls..
Asia and OceaniaTotal
thous. of dolls.,
Japan
--thous. of dolls..
EuropeTotal
—.thous. of dolls..
France
_
thous. of dolls..
Germany
...thous. of dolls..
Italy
thous. of dolls..
United Kingdom.. thous. of dolls. _
2 Revised.




190, 392 2201,381
68, 042
63, 624

2
177,
1

383
44, 390

13, 754

13, 967

10, 289

9,981

13, 999

11, 119

10, 546

8,626

9,583

7,316

8,487

13, 462

15,592

20, 807
66, 948

25, 349 » 18, 124
77, 255
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

29, 992
115,802

21, 186

2 21, 391

23,868

27, 949

27, 451

29,891

30, 925

31, 429

27, 415

34, 567

33, 910

33, 125

139

86

53

63

58

66

68

87

71

85

109

126

127

92

83

97

86

89

81

86

82

95

105

110

168, 707

170, 368

166, 679

174, 460

173,673

179, 694

185, 706

210, 200

175, 108

183, 132

208, 721

203,713

20, 841

149, 719

2

2,141

1,697

3, 096

2,400

2,384

2,773

4,337

3,778

3,052

2,344

3,500

3,353

3, 938

44, 366
20, 408

48, 413
19, 474

42, 494
17, 256

45, 581
16,052

48, 772
16, 057

52, 767
14,988

49, 964
15, 580

53, 180
12, 183

59, 552
18, 454

50, 183
16, 255

56, 024
19, 711

64, 941
27,208

53, 032
19, 620

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

51, 359
5,459
11, 734
4,138
10, 951

47, 480
5,516
8,937
4,269
11,000

51, 841
6,143
9,512
4,627
12,354

53,387
6,250
11, 249
5,741
11, 561

62, 174
6,598
13, 434
6,192
13, 033

51, 172
6,880
9,486
5,128
11, 970

52, 940
5,881
10, 682
3,724
10, 913

56, 661
7,275
11,619
5,252
11, 468

56, 560
8,227
11,166
6,353
15,289

SUEVEY OF CURRENT BUSINESS

48

January, 1932

MONTHLY BUSINESS STATISTICS—Continued
Earlier data for items shown here may
be found in the 1931 Annual Supple- NovemOctober SeptemAugust
ment to the Survey
ber
ber

1931

1930

July

June

May

April

March

Febru- January
ary

Decem- November
ber

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 dollsCrude materials
thous. of dolls..
Foodstuffs, crude, and
food animals
...thous. of dolls..
Manufactured foodstuffs
thous. of dolls..
Finishe-ld manufactures.thous. of dolls..
Semifln shed manufactures
thous, of dolls..

34, 142
20,464

40, 608
21, 281

41,608
21, 928

45, 346
20, 529

47, 827
22,341

44, 456
22, 854

45, 177
24, 110

46, 484
23,757

50,230
24, 148

42, 294
21, 454

43,858
23,534

53, 257
26, 139

54, 526
30, 279

19, 763
2,431

21, 687
3,309

22, 380
4,753

22, 567
3,595

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

26, 657
2,370

149, 719
47, 863

168, 707
52, 377

170, 368
52, 927

166, 779
47, 686

174, 460
49, 978

173, 673
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

203, 713
59, 243

19, 534

20, 355

18, 649

21, 820

25, 930

27, 435

30, 774

28,912

33,020

28,314

27, 363

30, 029

27, 337

13, 464
41, 271

16, 468
50, 484

16, 483
52, 012

25, 541
45, 295

21, 120
47,442

19, 744
44, 276

18, 850
45, 527

22, 985
45, 734

23,558
49, 226

17, 737
41, 168

14, 644
22, 312
44, 947 1 49,172

21, 045
57, 826

27, 587

29, 023

30, 295

28, 336

29, 990

29, 803

30, 382

33,373

39, 789

31, 532

36,860

38, 262

38, 129

EMPLOYMENT AND WAGES
Employment
factory employment, adjusted (Fed. Res. Bd.):
74.1
80.1
69.3
70.3
77.8
78.3
76.0
77.9
72.8
78.0
77.8
Total
rel. to 1923-25..
75.1
60.1
55.9
64.4
64.4
65.4
65.2
57.6
59.4
62.7
65.2
65.0
68.6
Cement, clay, and glass....rel. to 1923-25..
Chemicals—
83.1
85.4
86.6
89.4
89.6
93.0
89.8
96.6
91.7
94.5
97.9
85.7
Qroup_—
ril. to 1923-25..
82.2
99.7
83.2
90.2
94.5
87.2
97.4
84.8
100.8
82.9
87.1
94.0
Petroleum, refined
rel. to 1923-25..
66.2
70.3
77.5
79.1
76.6
65.3
67.4
74.8
75.9
72.1
72.6
76.5
Iron and steel
rel. to 1923-25..
70.1
77.1
76.4
84.3
84.2
82.2
78.4
84.8
83.9
84.0
76.6
80.9
Leather and its products..rel. to 1923-25..
47.4
48.4
55.7
56.3
51.1
55.4
52.0
54.4
56.3
49.4
55.4
58.8
Lumber and its products..rel. to 1923-25..
64.6
65.6
67.7
73.4
76.3
79.3
81.9
84.2
70.3
67.3
78.0
80.8
Machinery
rel. to 1923-25..
61.4
63.1
69.2
61.7
65.4
71.2
62.5
64.2
66.6
66.6
66.8
66.5
Nonferrous metals
rel. to 1923-25..I
91.0
94.7
96.7
89.7
93.0
95.3
95.0
93.0
94.9
95.6
Paper and printing
rel. to 1923-25..
93.6
91.1
73.3
68.4
73.7
70.3
70.5
75.7
74.0
71.4
74.7
69.8
73.8
70.5
Rubber products
rel. to 1923-25..
80.9
73.6
79.7
77.4
76.0
80.0
81.2
77.2
75.5
80.2
Textiles
rel. to 1923-25..
79.6
78.6
79.1
74.8
75.8
83.4
81.3
80.4
82.1
83.5
77.2
81.4
82.1
84.6
Tobacco production
rel. to 1923-25..
Transportation53.4
67.1
58.3
64.3
51.7
63.2
64.9
09.4
57.2
60.2
62.4
Group
rel. to 1923-25..
63.8
64.2
70.2
72.3
56.1
50.5
70.7
62.0
70.9
68.8
78.9
Automobiles....
rel. to 1923-25..
67.6
70.3
'Nonmanufacturing industries:
80.3
99.1
83.8
67.3
82.0
89.5
90.6
86.8
80.0
76.1
85.2
Anthracite mining
rel. to 1929..
65.1
77.0
93.9
81.1
81.3
78.4
82.4
88.8
80.4
76.4
91.5
92.5
85.9
Bituminous coal mining
rel. to 1929..
52.8
63.5
68.3
62.4
65.3
70.1
53.8
55.5
55.8
56.2
60.0
Metalliferous mining
rel. to 1929..
63.9
Quarrying and nonmetallic mining.
64.4
70.0
59.3
68.9
70.2
rel. to 1929..
64.5
71.0
72.3
75.0
76.1
66.6
66.6
72.2
57.6
62.4
73.2
74.8
77.4
60.4
67.8
65.3
65.0
Crude petroleum producing..rel. to 1929..
69.8
61.2
84.1
90.5
83.5
85.9
87.4
88.6
89.2
86.9
88.1
91.6
Telephone and telegraph
rel. to 1929..
85.0
86.6
96.7
99.2
91.3
92.7
95.9
97.1
103.2
96.7
97.2
Power, light, and water
rel. to 1929..
94.7
97.6
97.8
Operation and maintenance of electric
86.4
86.9
81.5
82.7
84.8
85.3
85.9
86.6
88.8
84.0
86.8
85.6
railroads...
rel. to 1929..
84.1
87.4
89.5
85.2
87.1
88.2
92.0
86.5
87.1
87.4
86.8
Wholesale trade
rel. to 1929..
88.1
90.9
87.1
90.0
115.1
89.1
89.9
90.1
87.8
89.8
81.8
83.9
86.6
Retail trade
rel. to 1929..
85.9
95.0 i
92.8
96.8
93.3
92.5
93.5
Hotels
rel. to 1929..
88. 5
90.6
95.9
96.8
91.6
60.8
108.1
142.9
53.9
48.9
48.3
180.1
102.2
56.0
Canning and preserving
rel. to 1629..
70.6
61.6
59.6
Employees on pay roll, unadjusted:
77.1
90.0
76.0
81.3
90.0
89.8
87.9
80. 3
86.9
Cleveland
rel. to Jan., 1921..
75.6
83.8
88.8
74.9
83.2
87.1
86.7
84.4
86.3
88.1
74.5
86.9
87.6
81.2
85.6
Delaware—
rel. to 1923-25..
52.7
81.2
76.5
80.4
83.5
83.0
40.0
Detroit
rel. to 1923-25..
51.0
50.0
73.2
41.7
61.8
62.3
70.1
76.3
65.7
76.6
76.5
68.3
70.5
72.3
74.5
77.5
Illinois
rel. to 1925-27..
75.6
109.1
112.5
113.8
137.2
105.0
108.7
110.1
110.1 111.0
114.6
Iowa
..rel. to 1923.. 102.2
106.3
60.2
69.4
69.1
63.1
71.9
71.2
70.8
72.2
69.9
Massachusetts..
rel. to 1925-27..
68.6
69.0
67.6
67.2
72.3
76.2
Maryland
rel. to 1924..j
70.6
72.0
75.9
76.2
73.6
76.7
72.5
73.8
75.5
71.0
72.4
77.0
77.9
73.0
75.3
77.4
82.2
75.7
New Jersey.
rel. to 1923-25..
73.2
72.6
73.6
61.5
63.7
67.5
64.0
64.2
69.6
68.5
66.3
New York State
..rel. to 1923..!
65.8
67.6
69.0
65.6
340,
494
352,
453
384,
983
373,
304
362,
885
382,
045
379,
089
383,
518
364,
265
353,
895
355,
504
373,
993
New York State
number..!
82.4
71.0
74.3
76.9
78.2
81.3
79.8
75.5
82.7
80.9
81.9
Ohio
..rel. to 1926—
83.0
71.9
72.9
77.4
78.9
72.7
72.5
79.8
80.2
81.7
Pennsylvania
rel. to 1923-25..! 71.5
74.8
79.4
68.2
76.9
75.0
75.6
78.2
Wisconsin...
rel. to 1925-27._|
79.6
76.7
70.7
78.1
77.9
77.6
77.5
81.2
65.5
88.3
84.4
74.2
78.3
79.9
87.1
.Anthracite mines, employment.rel. to 1923-25..!
63.4
77.8
82.9
96,5
Applicants per 100 jobs, employment agencies:
237
147
133
206
151
141
156
151
195
266
165
Canada
number..
221
205
179
224
181
202
218
196
217
209
177
United States.
number..!
261
215
232
250
273
247
199
233
246
206
Central States
number..!
269
212
231
202
254
235
221
181
209
239
187
Eastern States
number. J
191
293
264
411
345
215
287
265
237
314
Southern States
number..)
277
265
94
94
91
103
84
75
89
66
80
118
91
Western States.
„.number.J
244
331
251
250
215
228
250
270
208
220
245
218
Illinois
number..!
232
230
212
172
197
191
199
186
197
250
Wisconsin
._.
number..!
249
Employment Trade Unions:
|
84.0
84.2
83.8
85.1
84.5
83.8
83.7
84.4
83.0
Canada
p. ct. of total membership..
81.9
73.0
73.0
74.0
74.0
74.0
75.0
75.0
73.0
77.0
74.0
74.0
75.0
United States .p. ct. of total membership..!
100.2
101.7
105.2
102.2
100.7
108.5
107.1
103.8
103.6
99.7
Employment, Canada
rel. to 1926— j
103.9
factories, time operated:
{
89
91
91
90
88
89
90
90
89
89
Total
p. et. of full time.-!
88
Chemicals and other
i
92
95
95
94
97
96
95
93
95
96
93
products
p. ct. of full timeFood and kindred prod|
97
96
97
95
96
96
95
96
96
ucts
p. ct. of full time..!
96
96
Leather and its
finished
I
89
92
91
92
91
92
87
93
83
90
90
products
p. ct. of full time..!
Lumber and its manu!
83
84
85
82
83
85
84
84
83
85
86
factures
p. ct. of full time—j
Iron and steel and their
j
79
80
74
80
80
80
74
76
76
77
80
products
p. ct. of full time..!
86
84
84
85
87
87
82
84
86
86
83
Nonferrous metals
p. ct. of full time..!
95
92
95
92
96
95
96
93
94
95
93
Paper and printing
p. ct. of full time..!
Stone, clay, and glass
j
91
90
91
90
88
90
91
90
90
90
88
products
p. «t. of full time..!




81.1
70.0
98.3
100.8
80.2
77.4
60.4
85.7
71.8
97.0
75.2
79.4
82.0
68.6
76.4
97.2
92.5
72.8
78.3
83.6
93.0
103.4
89.3
92.6
98.4
95.2
96.7
87.4
87.9
75.8
77.7
117.7
73.2
78.8
85.8
72.0
398, 424
82.1
84.7
78.5
94.7
189
227
251
231
344
123
280
210

86.2
78.0
112.9
90
95
97
84
85
80
87
96
91

49

SURVEY OF CURRENT BUSINESS

January, 1932

MONTHLY BUSINESS STATISTICS—Continued
Earlier data for items shown here may
be found in the 1931 Annual Supple- Novemment to the Survey
October
ber
EMPLOYMENT AND WAGES-Con.
Employment— Continued
Textiles and their products
. p. ct. of full time..
Tobacco manufactures p ct of full time
Vehicles for land transportation
p. ct. of full time..
Miscellaneous industries
p. ct. of full time-Federal Civilian Employees (Washington)
numberHours of work in factories:
Actual
hours per week
Nominal
hours per week
Labor disputes:
Disputes
number
Man-days lost in month
number
Workers involved
number
Labor turnover:
Accessions
p. ct. of no. on p&37 roll-Separations—
Total
p. ct. of no. on pay roll..
Discharges. -_p. ct. of no. on pay roll—
Lay-olTs
p. ct. of no. on pay roll-Voluntary
quits
p ct of no on pay roll
Ohio construction, employment
rel. to 1926..
Railways, employees on pay roll thousands
Wages
Anthracite mines, payroll
rel. to 1923-25..
Factory pay rolls (Fed. Res. Bd.):
Total...
rel. to 1923-25..
Cement, clay, and glass
rel. to 1923-25..
ChemicalsGroup
rel. to 1923-25
Petroleum refining
rel. to 1923-25. J
Iron and steel
.... rel. to 1923-25..
Leather and its products.. .rel. to 1923-25..
Lumber and its products.-rel. to 1923-25..
Machinery
rel. to 1923-25..
Nonferrous metals
rel. to 1923-25
Paper and printing..
rel. to 1923-25..
Rubber products
rel. to 1923-25
Textiles
rel to 1923-25
Tobacco products
rel. to 1923-25
Transportation —
Group
rel. to 1923-25
Automobile
rel. to 1923-25..
Nonmanufacturing industries:
Anthracite mining
.rel. to 1929..
Bituminous coal mining
rel. to 1929—
Mf-talliforous mining
rel to 1929
Quarrying and nonmetallic
mining
rel to 1929
Crude petroleum producing ..rel. to 1929..
Telephone and telegraph
rel. to 1929..
Power, light, and water
rel. to 1929. .
Operation and maintenance of
electric railroads
rel to 1929
Wholesale trade
rel. to 1929..
Retail trade
rel. to 1929—
Hotels
.
rel. to 1929_.
Canning and preserving
rel. to 1929..
Farm wages, without board
dolls per month
Industrial pay rolls:
Total, monthlyDelaware
rel. to 1923-25
New Jersey. _
rel. to 1923-25 .
New York
...rel. to 1923Pennsylvania
_.rel. to 1 923-25 ._
Wisconsin
rel. to 1925-27
WeeklyNew York State
..thous. of dolls .
Road building, wages of common labor:
By Geographic sectionsUnited States average_cents per hour..
East North Central— .cents per hour-East South Central— .cents per hour..
Middle Atlantic
cents per hour..
Mountain section
cents per hour..
New England
cents per hour_Pacific section
cents per hour..
South \tlantic
cents per hour .
West North Central. .cents per hour-West South Central ..cents per hour-Railways, average hourly wages
dollars..
U. S. Steel Corpn., wage rates .cents per hour-Weekly earnings of factory labor:
United States, totals, 23 industriesGrand total
dollars-Grand total
rel. to 1923MenTotal
dollarsTotal
rel. to 1923Skilled
..dollarsSkilled
rel. to 1923Unskilled
dollarsUnskilled
rel. to 1923..
Women
dollars..
Women _.
rel. to 1923..

'Quarter ending in month Indicated.



1931
Se

berm"

August

July

1930

June

May

April

March

Decem- November
ber

Febru- January
ary

i
91
84

42.7
46.1
2.0
35.7

91
85

92
88

92
87

92
87

93
87

93
86

94
87

93
85

90
88

90
91

91
89

88

89

90

89

91

92

92

91

91

89

91

91

85

85

85

85

86

88

88

87

87

88

88

70, 056

70, 5SO

70, 885

71,658

71,693

72,417

72,297

71,917

71, 162

38.2
48.0

39.2
48.1

39.9
48.2

39.9
48.0

40.9
47.9

42.7
48.0

41.7
48.0

41.8
48.2

42.3
47.9

71,252 i 71,189
'
40.2
41.6
48.0
48.3

88
W
71, 052

89
54
58
695, 963 1,217,397 666, 309
58, 995
46, 029
21, 667

51
506, 097
17, 071

49
402,437
15,735

39
769, 720
22,604

27
34
422, 545 228, 329
28, 139 12, 512

20
181,031 i 194,455
2,927
5, 144

29.3

32.8

37.2

32.4
73.2
2.5
59. 0

43.6
68.4
2.9
51.4

30.6
43.2
2.6
28.2

35.5
54.9
2.9
39.1

61.9
2.8
46.7

45.1
3.3
28.6

43.2

41.6
3.8
23.9

34.8
3.1
20.6

29
273, 608
7,759

36.8

35.0

44.6

47.6

35.0
2.6
22.8

33.9
2.2
23.0 :

25.1
2. 5
32. 2

24.9
2.9
33.7

8.5

11.8

14.1

12.4

12.9

12.4

13.2

13.9

11.1

9.6

8.7

9.9

11.0

45.4

54.2

58,3
1,254

60.0
1,288

62.8
1,310

63.3
1,317

61.3
1,337

60.0
1,331

53.7
1,319

51.9
1,316

49.4
1,334

59.8
1, 357

72. 0
1,394

62.3

77.3

65.0

47.8

45.6

56.6

64.6

63.8

55.7

79.8

75.8

85.0

83.2

56.2
40.9

59.4
43.9

61.8
46.1

64.3
48.1

64.4
49.4

67.6
54.4

72.1
56.7

73.6
55.7

74.9
54.0

73.2
61.4

68.4
46.6

73.7
56. 3

75.1
60.9

76.4
77. 3
41.2
47.0
34.4 !
48.3 !
48.8
90.6
50.1 '
59.3
64.5

80.8
80.8
43.9
56.4
38.2
50.2
49.9
91.4
53.7
66.0
64.8

80. 8
83. C
45.2
67.7
40.3
51.2
50.2
90.4
54.6
71.0
62.7

80.4
85.6
50.6
75.5
41.3
54.9
52.9
93.1
62.2
70.2
66.3

82.9
89.6
52.4
72. 6
41.7
67.4
54.5
93.6
64.0
65.9
67.5

84.1
91.1
57.6
66.7
44.6
62.4
59.1
96.6
72.4
66.7
68. 6

88.4
96.1
64.9
68.7
45.7
67.8
63.4
100.0
71,0
71,7
68.3

92.0
96.7
69.1
70.6
44.9
69.7
65.4
100.6
66.8
76.8
65. 7

89.8
90.8
70.0
73.4
46.2
72.0
66.3
101.9
63.2
81.9
68.3

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
63.8
68.4
64.3

94.7
101.4
66, 7
58.1
50.4
75.0
67.9
105.7
62.6
72.2
77.7

96.1
103.2
68.9
55.0
54.7
75.1
67.3
105.0
58.7
73.4
76.8

45.2
42.3

45.3
41.4

45.6
41.5

50.9
50.4

52.7
53. 2

58.8
62.1

66.1
75.6

65. 3
70.8

64.1
67.7

82.2
61.1

51.8
40.0

60.8
55.5

60.8
57. 4

79.9
54.6
35.1 1

91.1
56.2
37.4

64.9
53.6
40.0

56.4
50.6
40.2

53.7
50.4
41.3

66.7
52.4
46.1

76.1
54.4
49.3

75.2
58.6
51.4

71.3
65.2
62.8

101.9
68.3
54.6

89.3
73.3
55.0

100. 0
77.7
59. 9

98. 0
79.1
63.4

43.3
52.0
89.7
93.3

48. 7
54.4
91. 6
93.2

51.2
55.2
92.1
94.3

55.1
56.3
92.3
96.2

57.3
69.2
93.3
97.4

60.1
62.7
95.0
98.3

62.3
64.7
94.1
98.7

62.6
66.3
95.0
97.6

58.2
73.2
97.9
102.4

54.4
70.0
94.8
99.7

50.4
71.5
96.3
98.6

59.9
77.2
101.3
106. 3

66.8
80.0
97. 7
103.7

79.7
79.7
85.4 !
77.1
48.1 j

79. 0
79.9
84.6
79.7
77.6

81.2
81.4
83.5
81.9
129.4

81.9
82.1
80.3
83.8
104.7

83.3
83.3
83.3
85.2
74.2

84.8
84.1
87.6
85.4
58.6

85.1
84.7
88.0
87.7
56.0

86.6
85.2
88.3
89.9
57.1

88.1
89. 1
87.5
93.4
50.3

87.1
88.4
86.7
93.7
48.fi

85.6
87.5
89.4
91.0
46.1

88. 6
yi.3
107.7
91.5
57.4

87.7
91. 0
96. 8
93.6
82.9

i 34 22

54.7
65.8
56.2
51.3
50.0

61.0
68.9
59.0
53.9
52.8

8,479

8,897

34
38
18
37
46
43
51
21
36
23

35
37
19
37
46
42
51
21
35
24
---

45~

1

•37 00

* 39. 04

38. 37

77.0
77.5
66.7
66.2
60.0

78.1

78.7
83.4
69.7
71.3
63.9

72.2
74.8
66.2

10,048 ' 10, 513

10, 883

36
37
21
40
44
48
51
20
37
26
.670
50

37
37
22
41
45
51
51
22
37
28
.670
50

38
37
24
40
47
50
52
22
35
26
.679
50

24.29
91.3

23.07
86.7

24.03
90.3

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

68.9
70.7
61.6
56.1
58.9

68.7
70.8
62.0
55.6
61 0

78.0
72.0
63.2
60.6
64.2

81.1
76.3
66.6
64.9
67.2

79.7
76.1
69.1
69.5
68.2

81.7
77.3
71.1
68.4
68.8

79.9
78.6
68.8
68.3
65.8

9,493

9,279

9,347

9,524

10,046

10, 414

10, 723

10,365

34
36
18
36
46
43
50
20
35
24
.669
45

36
35
19
37
47
44
50
20
35
22
.662
50

36
35
20
36
45
45
51
22
35
20
.660
50

37
36
20
36
46
44
51
21
36
20
.659
50

37
37
21
38
45
45
50
21
36
22
.664
60

35
36
20
38
43
47
51
22
36
21
.664
50

37
41
21
41
44
48
52
24
37
23
.669
50

36
33
22
39
42
48
51
24
36
28
.689
50

21.21
79.7

21.75
81.7

22.49
84.5

22.34
84.0

23.07
86.7

24.25
91.1

23.82
89.5

23.93
89.9

22. gO
78.8
23.10
75.0
18.05
81.0
13.85
80. 3

23.08
80.5
23.95
77.7
18.19
81.6
14.57
84.5

23.81
83.0
24.76
80.4
18.86
84.6
14.78
85.7

23.65
82.5
24.89
80.8
18.92
84.9
14.79
85.8

24.42
85.1
25.71
83.4
19.55
87.7
15.17
88.0

25.76
89.8
27.04
87.8
20.75
93.1
15.37
89.2

25.35
88.4
26.49
86.0
20.46
91.8
15.22
88.3

25.32
88.3
26.49
86.0
20.78
93.3
15.62
90.6

64.1 !
66.6 1
63.0
53.7
55.6

87. r

SURVEY OF CURRENT BUSINESS

50

January, 1932

MONTHLY BUSINESS STATISTICS—Continued
Earlier data for items shown here may
be found in the 1931 Annual Supple- IS ovemAugust
October Septemment to the Survey
ber
ber

1931
July

1930

June

May

April

March

Febru- January
ary

Decem- N ovember
ber

EMPLOYMENT AND WAGES— Con.
Wages— C ontinued
Totals bv StatesDelaware
rel. to 1923-25..
Illinois
dollarsIllinois
...rel. to 1925-27New Jersey
rel. to 1923-25 ._
New York
dollars..
New York
_.rel. to 1923Pennsylvania
rel to 1923-25
Wisconsin
dollars..
Wisconsin
. rel. to 1 925-27. .
Youngstown district, wages of
steel workers
p. ct. of base scale.-

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
26.30
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
27.27
100.1
89.2
22.26
86.7

102.4
25.13
88.6
105.0
27.87
102.3
87.5
22.69
88.1

100.8
25.29
89.1
106.2
27.35
100.4
86.8
21.64
84.3

97.9
24.25
85.5
104.1
26.92
98.8
85.6
19.70
76.5

100.6
25.09
88.4
106.0
27.42
100.7
87.8
20.84
81.1

98.4
25.31
89.2
106.6
27.32
100.3
89.8
21. 33
84.1

107.5

107.5

107.5

107.5

107.5

107.5

110.5

115.0

115.0

113.5

113.5

116.5

116.5

CONSTRUCTION
Building Costs
Building costs (A. 0. C.}, 1st of
month
rel. to 1913..
Building costs (E. N. R.) 1st of
month
rel. to 1913Building materials:
Brick house, 1st of month
rel. to 1913..
Frame house, 1st of month
rel. to 1913..
Construction costs (Am. Appraisal) :
Brick, steel 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..

192

192

193

195

195

196

169.3

169.8

171.4

171.4

174.4

187.2

163
158

162
156

161
154

163
156

164
155

166
158

161
172
157
162

163
176
160
165

165
177
162
166

126"

163
174
159
164
• 174
135

144

49

55

59

7,014
20, 519
151, 196

8,701
30,700
242, 094

992
271
47, 410

197

199

199

200

199

199

199

191.6

194.5

196.6

194.5

196.9

198.5

167
160

167
157

170
163

171
165

170
163

174
168

172
165

166
180
166
169

172
186
172
176

179
194
179
182

87

99

95

179
196
182
184
»185
123

180
196
183
185

107

178
192
178
181
•181
78

179
194
179
182

140

166
179
165
168
»176
137

173

59

61

64

66

73

77

79

71

73

76

9,105
30, 068
251,110

9,242
30, 631
233, 106

10, 663
33, 812
285, 997

10, 806
35, 001
331, 880

11,506
38,941
306,079

11,888
39, 380
336, 925

10, 788
37, 955
369, 981

7,629
28,339
235, 405

6,911
24, 635
227, 656

7,391
29,055
249, 436

9,127
33, 099
253, 574

1,288
171
82, 462

1,800
353
85, 139

1,719
737
72, 964

2,048
1,233
116, 265

2,030
2,367
154,512

2,141
387
108,948

1,907
785
132,993

1,681
522
151, 722

1,080
246
78, 643

978
393
95, 211

1,009
697
78, 621

1,292
468
76, 378

4,257
10, 958
45, 290
24, 642

5, 268
15, 217
60, 540
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
18,913
72, 745
29,793

6,652
21,911
88, 900
36, 896

7,221
22, 633
95, 896
22, 708

6,486
22, 090
100, 913
27, 312

4,520
16, 559
77,918
25, 930

4,056
12, 235
54, 376
20, 299

4,340
14,705
70, 911
24, 542

5,368
18, 844
80, 782
39,311

82, 031
3,316
7, 590
6,561
642
18, 992
22, 224
8,400
14, 306
56, 727
8,837
24, 022
800
23, 068

106, 113
3,038
5,176
15, 817
1, 024
28, 703
18, 821
8,108
24, 826
119, 060
19, 141
86, 128
450
13, 341

129, 157
6,390
7,733
9,948
2, 365
29, 840
41,637
4,753
26, 491
47, 799
10, 021
25, 446
944
11,388

82, 453
1,153
6,059
6,909
1,711
31,088
10, 839
5,990
18, 704
66, 448
11, 801
33, 256
137
21, 254

148, 784
5,536
5,697
28, 520
1,180
56,511
22, 560
4,129
24, 651
121, 326
38, 663
55, 242
2,250
25, 171

125,737
8,016
5,370
5,786
1,419
62, 471
20, 158
3,965
18, 552
70, 589
13, 901
40, 986
25
15, 677

122, 036
5,248
3,254
11,801
4,198
63, 167
10, 340
5,422
18, 606
95, 797
12, 606
54,413
6,248
22, 530

176,075
10, 219
7,727
9,916
1,143
81, 623
26, 389
8,214
30, 844
140, 830
22, 965
67, 444
50
50, 371

168, 925
2,542
11, 300
9,752
1,122
53, 388
66, 225
10, 247
14, 349
78, 421
16, 566
46, 128
25
15, 702

83, 837
3,110
3,043
2,477
1,768
36, 682
14, 571
5,633
16, 553
94, 705
14, 119
50, 432
0
30,154

116,535
5,431
5,079
11, 428
2,908
39, 620
10, 576
16, 134
25, 359
120, 660
14, 135
54,316
230
51, 979

99, 616
2,237
5,669
6,289
3, 762
25, 650
12, 300
22, 915
20, 794
73, 199
11,746
51, 742
100
9,611

87, 188
4,008
4,647
7,149
8,523
25, 798
8,723
11, 805
16, 535
102, 146
20, 401
73, 447
1,997
6,301

thous. of dolls . 35, 288
thous of dolls
2,307

35, 502
3,510

33, 203
2,905

31,918
2,819

33, 025
1,999

33, 368
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

35, 683
3, 175

63.2

60.3

59.8

61.1

58.4

61.3

62.0

61.7

66.7

66.0

68.9

64.6

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, 573

9,403
8,321

10, 107
9,218 :

8, 808
5, 081

6,293
4,790

65, 340
2,113
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 ! 42, 751
423
1, 071
6,957 s
7, 030

40, 418
1,138
7,785

Average fares (272 cities)
cents. .
8.069
8.072
8.096
8.072
8.096
8.069
8.064 i
8.066
8. 050
Passengers carried (232 co.'s) -thous. of persons- 740,461 794, 798 734, 056 712, 660 739, 617 787, 453 831, 183 843, 669 861, 501 782, 034 860, 458 ! 898,062
Operating revenue (all railways)
60,232
64,332
56, 981
55, 966
63, 718
thous. of dolls..
55, 835
66, 028
60, 370
66, 839
70, 165

8.050
828, 905

189.3

Construction Contracts Awarded
Total construction,
F. R. B. adjusted
.rel. to 1923-1925Total 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..
Unclassified, public., thous. of dolls..
Buildings, public
thous. of dolls..
Total, private
thous of dolls
Buildings, industrial. -thous. of dolls..
Buildings,commercial. thous. of dolls..
Bridges, private
thous. of dolls _
Unclassified
thous of dolls
Fire Losses
United States
Canada
Real Estate
Market activity

...rel. to 1926—
Highways

Conerete pavements, new contracts:
Total
_
thous. of sq. yds.. 4,361
Road
thous. of sq. yds.. 3,559
Federal-aid highways:
Completed —•
Cost
thous. of dolls.. 42, 087
Distance
. miles.. 1,435
Under construction, end of month. miles.. 7,928
PUBLIC UTILITIES
Electric Railways

65,415

Gas and Electric Power
Electric power companies, gross
revenue
thous. of dolls..
Quarter ending in month indicated.



172. 240

167. 380

187. 190

168. 510

171. 550

176. 210

175. 840

182. 280

196.170

191. 920

187.340

51

SUEVEY OF CUKKENT BUSINESS

January, 1932

MONTHLY BUSINESS STATISTICS—Continued
Earlier data for items shown here may
be found in the 1931 Annual Supple- Novemment to the Survey
ber 0 ctober

1931
berem"

July

June

1930
May

April

Febru- January
ary

March

Deceir • November
ber

Se

August

7, 708
5,667
2,041

2

7, 530
'5,339
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

7,947
5,597
2,350

8,108
5,746
2,362

7, 693
5, 502
2,191

418
7,290

445
27, 085

470
7,158

506
7,260

509 ;
7,017

447
7,192

454
7,189

452
7,424

410
6,750

460
7,487

502
7,606

465
7,228

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

1,515
1,488
142

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

29, 757
31, 751

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

49, 386
22, 426

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
16, 864

76, 824
17, 892

77, 820
16,070

76, 139
17, 148

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

8,943
11, 528
609

10, 012
12, 973
1,517

8, 647
11,348
735

134
9,428

139
9,773

105
10, 151

107
10, 493

129
10, 196

119
10, 113

134
9,687

128
9,884

102
10, 826

124
10, 474

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

49, 620
165, 789
69, 572
1,359
0

56, 740
233, 890
75, 512
1,571
0

64, 170
225, 021
107, 507
1,547
0

230, 423
225, 322
83, 480
1,811
390

PUBLIC UTTILIIES
Gas and Electric Power
Electric power production:
United States—
Total
mills, of kw. hrs
By fuels
mills, of kw. hrs
By water power
mills, of kw. hrs
In street railways, manufacturing
plants, etc
mills, of kw. hrs_.
In central stations ..mills, of kw. hrs..
Canada—
Total
mills, of kw. hrs -.
By water power
mills, of kw. hrs..
Exported
.
mills, of kw. hrs
Manufactured gas:
Sales
mills, cu. ft..
Revenue
thous. of dolls.Natural gas:
Sales
.- _ .mills, cu. ft._
Revenue
thous. of dolls
Rate of manufacturing operations (based on
consumption of electric energy for power purposes). (See under Industrial production.)
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.. 156, 642
Cape Cod Canal
short tons 209, 864
Mississippi River Govt. barges short tons.. 86, 400
998
Monongahela River. thous. of short tons..
New York canals
thous. of short tons
Ohio RiverCincinnati district
thous. of short tons.Huntington district
thous of short tons
Louisville district
thous. of short tons
Pittsburg to Wheeling
short tons.. 548, 040
Pittsburg district
thous of short tons
Panama Canal—
1,578
Total cargo traffic-thous. of long tons..
676
II. S. vessels
thous. of long tons-_
371
In British vessels -thous. of long tons—
664
St. Lawrence Canal. thous. of short tons_Sault Ste. Marie Canal
thous. of short tons.. 3, 049
Suez Canal
thous. of met. tons..
Welland Canal
short tons.. 954, 773
Ocean traffic:
Clearances, vessels in foreign trade —
5,605
Total
thous. of net tons.2. 296
American
thous. of net tons..
3, 309
Foreign
thous of net tons
Passenger travel:
Arrivals from abroad—
Immigrants
number
United States citizens
number
Departures abroad —
Emigrants
number
United States citizens. .. number _.
Passports issued
number
Pullman Company operations:
Revenue
thous of dolls
Passengers carried
thousands
Trend of business in hotels:
3.56
Average sale per occupied room. —dollars ..
56
Room occupancy
p. ct. of capacity-Steam railways:
EquipmentFreight carsIn bad order, end of month —
Quantity.
cars.. 196, 324
9.0
Ratio to total cars... per cent—
New orders
cars-28
Owned, end of monthQuantity
thous. of cars-Capacity
mills, of Ibs
ShipmentsTotal
cars-.
150
Domestic
cars
150
Unfilled orders (railroads)—
Total
cars-.
O f manufacturers
. cars - .
In railroad shops
cars..
Locomotives (Am. Ry. ASK.)—
Exports, steam
number-.

J
Revised.
http://fraser.stlouisfed.org/

Federal Reserve Bank of St. Louis

I

213, 562
221, 308
2 104, 873
1,135
505

246, 551
197, 997
106, 931
962
587
3
3

603, 544

315

3

3

1, 193

3
856
635, 571

3

3290

661,514

849,277

942

3
969
736, 187
3

2, 135

3

685, 526

1,755
884
318
711

1,789
859
378
714

6,248
2,019
821, 454

7,126
1,813
968, 763

8,385
1,860
972, 976

6,461
2,420
4,041

26,837
2,478
24,359

7,463
2,734
4,729

7,536
2,742
4, 794

6,543
2,241
4,302

6,539
2,525
4,014

3, 913
32, 427

5,017
62, 581

4,090
69, 372

3,174
30, 944

3, 531
25, 588

10, 857
35,016
7,345

8.733
42, 247
8,812

9,541
65, 895
10, 749

7,428
46, 961
17, 667

1,674

5,409
1,969

5,564
2,091

3.51
60

3,55
58

194, 948
9.0
798

3

765

3
464
545, 900
3

2 120

1,763
930
827
795

1,867
820
466
717

713, 200

3

65

428, 499

504, 700

3
951
500, 211
3

1, 484

83

1, 268

926, 013

2, 440

2,011
929
436
319

1,916
910
429

o

1,930
864
448
0

2,107
958
540
0

2,167
953
536
38

2, 203
1, 009
615
563

7,611
4,335
922
6,645
1,963
2,403
2,027
2,396
871,513 1,015,469 1,165,853 370, 003

0
2,440
0

0
2,474
0

0
2,744
0

312
2,246
68, 400

5,130
2, 186
583, 907

5,907
2,092
3,815

5,044
1,773
3,271

4,972
1, 695
3,277

5,414
1, 843
3,571

5,505
1,991
3,514

6,224
2,501
3,723

3,799
22, 518

3,470
28, 281

3, 577
34, 861

3,147
27, 508

4,091
19, 844

6,439
28,535

9, 209
22, 381

5, S93
29, 579
27,689

5, 616
23, 242
28, 513

5,647
24. 418
21,466

4,693
32, 278
14, 328

4,720
33, 172
7,255

4,397
24, 885
7,445

5,450
21, 140
6,565

4,951
24, 420
7,496

5.413
2,023

5,470
2,051

5, 055
1,900

5,238
1,986

4,894
1,966

5,346
1,919

6,072
2,203

5,418
2,180

5,305
2, 031

3.64
54

3.55
54

3.58
56

3.50
61

3.73
63

3.63
61

3.84
64

3.80
66

3.72
60

3. 96
05

194, 127
8.9
3

187,585
8.6
534

181, 702
8.3
443

172, 776
7.9
972

170, 165
7.7
46

162, 966
7.4
2,768

162, 117
7.3
2, 166

153, 606
6.9
24

147, 650
6.7
0

147, 334
6.6
2,691

155, 883
7.0
2,862

2,211
207, 259

2,216
207, 638

2,220
207. 947

2,224
208, 207

2,229
208, 579

2,244
209, 645

2,249
209, 958

2,251
210, 102

2,253
210, 235

2,254
210, 229

2,258
210, 426

2,271
211,788

404
404

780
776

524
499

341
341

615
555

648
646

1, 082
1,082

762
657

633
533

845
735

607
436

1,182
1,139

4,610
314
4,296

5,100
534
4,566

5,746
866
4,880

6,466
1,336
5,130

7,179
2,070
5,109

6,585
1,599
4,986

7,542
2,176
6,366

7,484
1.569
5,915

8,637
2,207
6,430

8,799
2, 681
6,118

9,780
3,376
6,404

3,716
1,125
2,591

1

11

0

2

1
3
5
0
Quarter ending in month indicated.

2

2

3

0

3

1,759
828
453
920

1,925
937
421
1,166

52

SURVEY OF CURRENT BUSINESS

January, 1932

MONTHLY BUSINESS STATISTICS—Continued
Earlier data for items shown here may
be found in the 1&31 Annual Supplement to the Survey

1931
1
°berm" 'October ^bef " August

N

July

June

1930

May

April

F

March | ^' January! De«m. Noven,

•

PUBLIC UTILITIES-Continued
Locomotives
In bad order, end of monthAwaiting classified repairs
6,830
6,310
6,173
Dumber
6,485
"Ratio to total locomotives
12.7
12.0
per cent
11.7
11.4
Installed.
number
53
61
51
95
0
20
New orders
number
1
6
81
139
Retired..
number
113
122
Owned, end of month —
Quantity.
number
54, 889
54, 861
54,967
55,029
2,509
Tractive power __. mills, of lbs._ 2, 509
2,512
2,514
Shipments, manufacturers (Census)—
9
4
13
Total.,,
.number..
0
Electric, domestic
number..
0
1
6
8
Steam. domestic
..number
4 j
2
Shipments, electric locomotivesIndustrial (quarterly) number. »3
Mining (quarterly). . .number. _
»37 !
Unfilled orders (railroads), end of mo..0
15
15
16
Of manufacturers
.number-10
4
12
13
In railroad shops _
number. .
Unfilled orders, manufacturers' (Census)—
130
112
120
74
Total
number
105
105
105
55
Electric, domestic number
21
7
14
18
Steam, domestic
number-Passenger cars—
In railroad hands, end of quarter
number.. .........
- 350,958 —
New orders
_.
cars
0
0
Shipments21
0
Total
cars
0
8
0
0
Domestic
cars..
0
8
Unfilled orders, end of quarter

5,913

5, 938

5,910

5,958

5, 987

5,734

5,522!

5,216

5,102

10.9
66
3
108

10.9
114
2
291

10.8

10.9
67

10^9

151

8
161

10.4
86
8
128

10.0 j
80
2
182

9.5
92
60
390

9.2
96
4
268

55, 056
2,513

55, 098
2,513

55, 278
2,518

55, 366
2, 520

55, 450
2,522

55, 534
2, 525

55,576
2,525 ;

55,678
2,528

55,985
2,538

13

19
0
19

26
0
26

15
2
12

10
5

15
5
10

49
7
37

43
6
37

11

64, 020

16
6
10

s 17
»60

84

*82

»23
» 7fi

18
14

20
16

31
20

57
24

60
26

57
29

64
30

90
30

59
33

86
55
20

95
54
30

58
0
47

80
0
69

95
2
81

103
7
85

91
12
78

104
18
86

93
25
63

6"

4

* 51, 489
0

38
38

37
37

24
24

6"
2
2

3 16

Financial operationsNet operating income thous of dolls
Operating revenues —
Canada
thous. of dolls
United StatesTotal
thous of dolls
Freight-.
thous. of dolls
Passengers
thous, of dolls
Operating expenses thou*. of dolls
Net operating revenue, Canada
---thous of dolls
Freight cars—
Carloadings*—•
Total...-.
thous. of cars.. 2,620
507
Coal and coke
thous. of cars..
87
Forest products
thous. of cars-Grain and grain products
145
thous. of ears..
104
Livestock
.thous. of cars-25
Ore.
„_. thous. of cars. _
SOG
Merchandise, 1. c. 1 .thous. of cars..
946
Miscellaneous
thous. of cars-.
Car surplus (daily average, last week
of month)-—
Total
cars 659, 346
Box
cars 340, 502
Coal
cars 249, 193
Operation resultsFreight carried 1 mileCanada
mills, of tons..
United States mills of tons
Passengers carried 1 mile millions
Receipts per ton-mile
cents

94
151
182

» 51, 136
0
13
13

"

6"
30
30

o" ;

361,644
2

10

33 !
33

8
8

67
67

? 12s)

»24

3 264

55,319

55,859

56, 535

50,163

41, 264

39,074

45,906

27,264

33,849 i

49, 372

6?, 069

30, 158

28, 265

29. 352

30, 480

30,934

30,912

30, 613

26, 788

28,141

33, 450

3.", 474

350, 335
270, 239
44,757
258, 223

364, 525
280, 103
49,183
269, 463

377, 146
290. 348
50, 272
280, 127

369, 810
281,261
50,957
280, 145

369,020
283, 161
46, 981
288, 067

369, 652
283, 711
47,272
290, 618

376, 149
291,289
47,150
291, 582

336, 632
257, 521
46, 455
272, 116

365,900 ! 377,933
277,014 1 280,909
55,443
53, 349
294,082 297,606

398,786
311,042
48,710
299.301

5, 036

1, 871

2,049

1,898

2,166

3,840

3,112

121

424 !

3, 813
755
123

2, 908
616
104

3, 747
617
138

2,931
452
106

2,992
465
125

3,736
611
165

2,986
486
130

2,940
555
138

2,836
584
138

193
145
102
1, 081
1,415

149
96
121
841
1, 081

228
106
175
1,069
1, 413

220
71
139
830
1,113

140
75
119
876
1,192

180
106
80
1,097
1,496

151
85
29
899
1,208

153
79
23
886
1.105

165
88
22
842
997

535, 254
290, 369
185, 442

564,284
293,424
209,765

573,680
302.887
206,240

564, 068
288, 414
211,044

599, 282
306, 443
224, 120

615, 924
306, 319
238, 504

602, 832
282,315
251, 679

621, 509
298, 837
252.825

650,964
324,938
253, 515

2,057
1,636
27,847 ! 29.348
1,900 1 2,077
1.049
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
27, 079
1,747
1.049

1,178

1,179

1,182

1,184

1,185

1,187

133
548

137
551

137
532

131
536

138
540

138
544

363, 206
289, 1<;3
38, 202
261,247

5,910

7,579

3,491 :
817 i
156

2,784
638
121 :

4,127
852
174

196
124 i
26
&97 '
1, 175

143
94
22
820
946

190
140
92
1,133
1,546

646, 750 706,538
336. 577 380,603
240, 292 j 251,358

580,498
304,100
213,752

2,016
30, 314
1,915
1.015

2, 239
29,026
2,015
1.052

2, 633
32,295
1,828
1.050

L187

1,187

1, 187

1, 188

128
548

128
550

130
553

132
567

FINANCE
Agricultural Finances
Leans outstanding, end of month:
Federal land banks
mills, of dolls_.
Federal intermediate credit banks
mills of dolls
Joint-stock land banks
mills of dolls

1,167

1,171

124
535

12*
540

1,174
130
545 l

Banking
Acceptances and commercial paper:
Bankers acceptances outstandingTotal
mills, of dollsHeld by Federal reserve banks—
For own account
mills, of dolls
For account of foreign correspondents
mills of dolls
Held by group of accepting banksOwn bills
...mills, of dolls..
Bills bought
mills of dolls
Held by others
mills of dolls
Commercial paper outstanding
mills, of dolls..
Bank debits:
Canada
mills, of dolls
New York City
mills of dolls
Outside New York City. ..mills, of dolls..
Outside New York City.. .rel. to 1923-25—

1,002

1,040

1,090

1,228

1, 368

1,413

1,422

1,467

1,520

1,520

1,556 ;

418

647

420 i

70

39

95

124

162

123

85

89

323 !

143

126

99

100 |

228

243

341

380

409

431

456

447

439

429

125
171
162

112
118
63

162 1
248 !
66 j

168
439
185

232
436
278

196
357
379

171
293
444

125
285
441

131
341
441

151
398
430

134
437
412

90
282
417

180
313
507

248 !

271

289

292

305

307

311

315

327

14, 464
14, 605
74.0

2,587
20, 678
18, 125
91.9

2,451 j 2,244
20,073 ! 17,501
16,627
16,526
84.3 !
83.8

2,400
21,007
18,444
93.5

2,694
25, 893
19,406
98.4

3,172
25,072
18,858
95.6

2,786
26,821
19,620
99.5

2,570
27. 589
19, 421
98.4

2,535
20, 948
17, 084
86.6

2,668
24, 557
21,697
110.0

210

996


J• Data for January, May, and October, 1931, are for 5 weeks, other months 4 weeks.
Revised.
http://fraser.stlouisfed.org/ 1 Quarter ending in month indicated.
Federal Reserve Bank of St. Louis

358 !
3, 012
29,001
22,113
117. 2

1,571

448

1
2, 974
! 22,490
i M9.685
i
2 99. 8

53

SUKVEY OF CUREENT BUSINESS

January, 1932

MONTHLY BUSINESS STATISTICS—Continued
Earlier data for items shown here may
be found in the 1931 Annual Supplement to the Survey

1930

1931

October SeptemAugust | July
ber

June

May

FINANCE—Continued
Banking—Continued
Brokers' loans, end of month:
^ By N. Y. F. R. member banks
869
mills, of dolls..
720
1,172
1,390
1,479
1,539
2.33
3.04 !
Ratio to market value
...per cent—
2.35
2.93
3.37
3.03
3.23
1,354 | 1,344
P* Total
mills, of dolls..
730
796
1,044
1,391
1,435
Federal reserve banks:
728
255 I
149
174
Bills discounted
mills, of dolls..
718
195
328
Member bank reserve account
2,167
_
mills, of dolls.. 2,051
2,381 ! 2,389
2,364
2,373
2,367
2,429
1,723
1,580
Notes in circulation
mills, of dolls..! 2,480
1,963
1,765
2,098
2,184
Reserve bank creditmills, of dolls.J 1,931
943 i
917
976
1,578
1,255
2,380
2,504
1
2,442
Total deposits
mills, of dolls.. 2,252
2,632
2,527
2,506
1,408
773
724
Total investments
mills, of dolls.. 1,169
1,211
751
943
2,903
Total reserve
mills, of dolls..! 3,080
3,619
3,597
3,576
3,413
3,301
Federal reserve member banks:
1
Net demand deposits
mills, of dolls..; 12,199 12, 449 13, 227 13,244 | 13, 473 13,688 13,605
7,700
7,795
7,807
Total investments...
mills, of dolls..j 7,508
7,665 j 7,810
7,916
Total loans and discounts—mills, of dolls..! 13, 350 13, 521 14, 191 14,398 i 14, 486 14,691 14,730
Interest rates:
j
2.10
Call loans, renewal
per cent._[
1.50 i
1. 50 i
1. 45
1.50
2.50
1.50
5.63
Federal land banks
per cent..
5.63 i
5.63
5.63
5.63
5.63 I
5.63
4.06
3. 90 1
4. 00
Intermediate credit banks
per cent-.,;
3.81
4.50
3.81
3.81
New York Federal Reserve
i
1. 50
* 1. 50
Bank (discount rate).—
per cent..
1.50
3.50 ! *3.50
1.50
1.50
Prime bankers' acceptances
per cent..
2.50
. 88 |
2. 00
3.07
.88
1.07
Prime commercial paper (4-6 months)
3.13
2. 00 i
2. 13
^
...per cent-.
2.00
4.00
2.00
2.00
3.25
Time loans, 90 days
per cent..
1. 50 |
1. 75
3.50 I
1.38
1.
1.38
Savings deposits:
New York State
mills, of dolls.. 5, 213
5, 156
5, 083
5,149
5,217
5,231
5,173
United States postal savings system—
43, 505 j 31, 822
Deposits
thous. of dolls_.
62, 047
Withdrawals
thous. of dolls..
21,117
20,568
27, 007
Balance to credit of depositors
2
thous. of dolls.. 555,560 527,130 | 460,915 i 414,986 - 372,
372, 457 347,417 325,028
Balance on deposit in banks
-.
I
!
.thous. of dolls.. 464,841 ! 447,300 i 401,200 ! 368,000 2329,655
329,655 306,120 289,034
Business Failures
i
Firms (United States):
2
522
167
89
Banks
number..;
169
93
305
258 •
2, 362
1,993 i 2,248
1, 936
Total commercial
number._ 2, 195
1,944 ! 1,983
614
449 |
552
Manufacturers
,
.number..
519
520
427 |
449
1,605
1,435 i 1,570
1,322
Trade establishments
number..! 1, 545
1,374
1,381 i
143 :
109 |
126
141
Agents and brokers..
number...
113
138 !
131
By groups—
\
Manufacturers614 i
449 i
552
520
Total..
number..
519
449
427
7 i
12
Chemicals..
number..!
12
13
11
9
13
50
64 !
43
Foodstuffs..
number..!
34
40
40
30 |
18
Leather
number..!
11
26 !
14
14
16
10
4
14
Liquors and tobacco
number..!
15
10
ll 396
54
57 i
65
Lumber
number.. |
62
52 I
49
32 i
Printing and engraving-number..
21 !
27
24
17
14 i
23
9
7 i
9
Stone, clay, and glass.—number..j
13
18
6 i
6
81 1
53 !
Textiles
number..;
82
78
75
64
61 !i
37
55 j
50
Metals
number..!
64
49
49
32
167 j
290 I
258
250
All other
—number..!
191
198
181 I
Traders—
|
1,435 ! 1,570
Total..
number..' 1,545
1,322
1,374
1,381 i
20 i
Books and paper
number..!
18 1
19
19
19
12
15
84 !
112 i
Chemicals and paints...number..I
108
114
86
109 i
90
284 |
235
I
Clothing
number..!
295
257
289
273
220 !
360 i
401
Foods and tobacco
number..
447 !
363
441 !
411
353
General stores
number. _!
105 !
89 I
88
124
66
78 !
87
243 i
357
Household furniture
number..
260 |
239
260
235 !
234
404
i
302
292
All other
number..:
379 i
328
286
:
322
174 I
Firms (Canada)
number..j
223
196
256
164 I1
275
230
Liabilities (United States):
!
Banks
_
thous. of dolls. J 83, 409 2493,751 12236,511 185,902 ': 41,334 195,951 | 43,963
Total commercial
thous. of dolls..! 60, 660 70,660 j 40,256 53,025 i 60,998 51,656 ! 53, 371
Manufacturers
thous. of dolls. J 26, 112 26, 334 14, 857 16,967 I 20,586 21,909 | 18, 506
Trade establishments.
thous. of dolls..! 27, 229 29, 486 24, 658 25,848 i 28,091 25,934 25. 069
3,813
9,796
Agents and brokers..
thous. of dolls..j 7,318 14, 841
7, 741 10,210 | 12, 321
3,504
2,775
Liabilities (Canada)
thous. of dolls..i 6,300
3. 200
2,138 i 3,345
4, 539
Dividend and Interest Payments
;
Grand total
mills, of dolls..
762
946
560
747
558
533 I
490
Dividend payments:
Total.
_
mills, of dolls..
346
292
387
288
233 j
245
Industrial and miscellaneous
mills, of dolls..
237
213
225
267
183
174 i
170
Steam railroads
mills, of dolls. .
33
32
38
42
34
2
Street railways
mills, of dolls..
11
l\
11
8
9
6
Interest payments
mills, of dolls..
416 !
268
307
459
559
245
300 1
i
Foreign Exchange Bates
i
j
|
America:
Argentina.
dolls, per gold peso.703 i
.588 I
. 520 .597 ]
.699
.707
.646
Brazil
dolls, per milreis—
.062 i
.075
.072
.067
. 056
.059
.004
Canada
dolls, per Canadian doll.890 i
. 891
.997
.997
I
.963
.997
Chile
dolls, per paper peso.121 |
. 121
.121
.121
.121
.120 ,
.121
Asia:
Japan
dolls, per yen..
.494
.494 !
.494
.493 I
. 493 .493
.494
India
dolls, per rupee..
.361
.280 |
. 287
.360
.359
.360 |
.339 |
Europe:
Belgium
dolls.per belga..
.139 I
. 140
.140
. 139
.139
.139
.139
England
dolls, per Ib sterling..
3.72 |
3.89 j
4.86
4.86
4.53
4.86
4.88
France
dolls, per franc..
.039
. 039 .039
.039
.039
.039
Italy.
—dolls, per lira..
.052
. 052 .052
.052
.052
.052
.052
Netherlands
dolls, per guilder.402
.403
. 404
.402
.403
.403
.402
Sweden
dolls, per krone.207
.268
.268
.268
.
231
.261
Digitized forSwitzerland
FRASER
dolls, per franc..
.195
.194
.194
.193
.195
. 196 .195
http://fraser.stlouisfed.org/
• Rate changed Dec. 24,1930, May 8,1931, Oct. 9, to 2.50, and Oct. 16 to 3.50.
Federal Reserve Bank of St. Louis

April

1,730
3.40
1,651

March

1,875
3.58
1,909

February

January

VS
1,840

1,734
3.30
1,720

Decem- November
ber

1,926
3.86
1,894

2,111
4.06
2, 162

157

250

198

232

251

275

2,371
1,535
937
2,434
761
3,334

2,428
1,486
990
2,506
723
3,296

2,343
1,478
925
2, 399
708
3,244

2,398
1,494
980
2,448
735
3,243

2,471
1,664
1,373
2,517
1,100
3,082

2,373
1,455
1,079
2,422
780
3,115

13, 664
7,903
14, 993

13, 748
7,551
15, 382

13, 614
7,183
15, 464

13,680
6,843
15, 753

13, 999
6,693
16, 263

13, 908
6,800
16, 516

1.52
5.63
4.00

1.55
5.63
4.00

1.50
5.63
4.00

1.57
5.63
4.00

2.23
5.63
4.00

2.00
5.63
4.00

2.00
1.50

2.00
1.50

2.00
1.44

2.00
1.56

* 2.00
1.88

2.50
1.88

2.38
2.00

2.50
2.13

2.63
1.88

2.88
2.13

2.88
2.25

2.88
2.13

5, 059

5,018

4,928

4,888

4,792

4,666

32, 061
20, 944

29, 337
18, 638

31, 353
17, 648

51, 585
18,611

58, 879
14, 167

20, 197
12, 072

313, 775

302, 658

292, 059

278,353

245, 379

200, 668

278, 304

267, 790

255, 268

240,216

209, 509

170, 131

64
2,386
515
1,710
158

86
2,604
582
1,843
179

77
2,563
583
1,831
149

202
3,316
611
2,541
164

344
2,525
537
1,834
154

254
2,031
448
1,447
136

515
9
38
12
6
75

582
5
37
23
9
61

448
5
27
8
10
71
18
14
71
34
190

10
5
78
55
227

27
7
79
52
282

583
13
37
14
9
72
15
4 I
96 I
54 i
269 |

1,710
18
98
351
451
109
297
386
204

1,843
28
107
400
441
152
358
357
213

1,831 '
19 i
93 i
381 I
438
131 !
407 I
362 !
253 |

42, 417
50, 868
18, 719
6,763
3.638

35,285
60, 387
24,072
30,348
5,967
3,752

35,323
59,608
25,304
30,852
3,452
3,014

611
10
32
17
6
76

537
9
34
14
6
77

21
11
124
44
270

15
12
85
34
251

2,541
15
117
633
476
220
571
509
296

1,834
15
444
461
138
290
372
295

1,447
11
111
261
393
104
245
322
2246

78, 130 367, 119
94, 608 83,683
19, 948
47,633
43, 071 28,853
35, 382
3,904
6,994
4,215

186, 306
55, 261
19, 438
21,217
14, 606
«3, 111

114

749

594

524

1,121

2720

2595

314 I

311

285 |

521

2291

*293

236
38
9
435

236
46
7
284

217 I
45 i
9 j
239

386
56
16
601

2216
39

2209
39
12
302

.765
.073
1.000
.121

.780
.079
1.000
.121

.719
.086
1.000
.121

.697
.091
.998
.121

.494
.361

.494
.361

.494

.494
.359

.496

.496
.360

4.88
.039
.052
.401

.139
4.86
.039
.052
.401

.139
4.85
.039
.052
.402

.140
4.86
.039
.052
.403
.268
.194

.139
4.86
.039
.052
.102
.468
.194

.139
4.86
.039
.052
.401
.268 I
.193 !

.192

.193
• Revised.

.194 !

429

.756
.999
.121

.781
0
1.001
.121

54

SURVEY OF CURRENT BUSINESS

January, 1932

MONTHLY BUSINESS STATISTICS—Continued
Earlier data for items shown here may
be found in the 1931 Annual Supple- NovemSeptem- August
October
ment to the Survey
ber
ber

1930

1931
July

June

May

April

March

95, 133
628

93, 612
27

85,091
26

Febru- January
ary

Decem- November
ber

FINANCE— Continued
Gold and Silver
Gold:
Domestic receipts at mint fine ounces.. 134, 775
Exports .
thous. of dolls.. 4,994
Earmarked for foreign
account
. thous. of dolls__ 435, 621
Imports
-thous. of dolls.. 94, 430
Monetary stocks of U. S., daily
average
.mills, of dolls.. 4,363
Rand output
fine
ounces..
Silver:
Exports
thous. of dolls..
871
Imports
-thous. of dolls.. 2,121
Price at New York
dolls, per fine oz_.
.322
ProductionUnited States
thous. of fine oz_. 2,012
Canada.. .
thous. offineoz__ 1,659
Mexico
thous. of fine oz
Stocks, end of monthUnited States
..thous. of fine oz—
5, 035
Canada
. . thous. offineoz— 1,471

118, 123 114,651
40
1,009

87, 717
14

94, 476
54

109,907
36

113,430
5,008

123, 795
50, 258

127, 795 120, 295 123, 295
49, 543 25,671 16, 156

125, 795
34, 426

137, 695
32, 778

2 122, 536
40, 159

4,865
897,000

4,767
910, 279

4,682
4,711
882, 237 910, 998

4,656
839,937

4,622
914, 576

4,583
908, 492

4,553
884, 735

2,305
1,663
.283

1,895
2,364
.273

2,099
2,636
.277

3,249
2,439
.283

2,323
1,821
.292

1,638
1,877
.268

3,571
2,896
.294

3,472
2,660
. 326

4.102
2,652
.359

2,419
1,610
6,814

2,176
2,133
6,390

2,433
731
7,041

2,762
1,836
7,374

2,831
1,139
9,535

3,528
1,431
6,510

3,187
1,772
6,944

3,480
1,932 !
8,751

3,713
2,043
8,481

3,738
1,412
8,712

2,240
1,363

2,077
754

1,611
958

1,485
1,423

713
1,509

2,714
796

1,851
702

792
694

960
179

956
216

123, 748
398, 604

128, 928
28, 708

115, 343
39

463, 931
2 60, 919

356, 321
49, 269

77, 231
57, 539

61, 231
20, 512

31, 531
63, 887

4,447
945, 000

4,948
916, OCO

4,975
916, 425

4,958
916, 843

2, 1 58
2 2, 573
.295

2,183
2, 355
.282

2, 024
2,685
.275

2 2, 181
2, 117

2,101
1,403
7,510

4,066
1,110

4,082
989

Net Corporation Profits
Grand total
.
mills, of dolls. _
Total industrial and mercantile
.mills, of dolls ._
Automobile parts and accessories, exclusive of tires
. ..mills, of dolls..
Food
.mills, of dolls..
Oil
mills, of dolls..
Metals and mining.
mills, of dolls..
Machinery
mills, of dolls.
Miscellaneous
mills, of dolls ._
Steel and railroad equipment
- .mills, of dolls..
Class I railroads
mills, of dolls..
Other public utilities
mills, of dolls..
Telephones
mills, of dolls. .

390

3441

97

3159

14
29
5
0
3
48

365
335
30
33
35

0
167
59
67

|!

._

353
39

"

3 504

382

3 132
378
372

1
1
j

3125 ~ ~ ~
330
331
3
0
34
3
5
» 47

3

330

!

30

34
39
343

3
16
3226
3
94
368

39
3107
« 81
369

1

116
3 10

Life Insurance
(Association of Life Insurance Presidents)
Admitted life insurance assets (40 cos.):
Grand total
.. .
mills, of dolls..
16, 070
15, 871
16, 135
15, 978
16, 227
Mortgage loansTotal
mills, of dolls,.
6,359
6,379
6,356
6,363
6,353
1,533
Farm
mills, of dolls..
1,537
1,530
1,527
1,535
4,826
All other
mills, of dolls..
4,819
4,852
4,833
4,818
Bonds and stocks (book value):
1,292
1,258
1,189
Government
mills, of dolls..
1,283
1,213
1,667
1,644
Public utility
-mills, of dolls
1, 665
1,663
1,662
2,669
2,663
2,653
2,687
Railroad
- mills, of dolls _
2,657
504
524
504
519
All other
mills, of dolls..
503
6,092
6,159
6,143
Total
mills, of dolls..
6,035
5,990
Policy loans and premium notes
mills, of dolls..
2,409
2,508
2,446
2,363
2,388
Amount of new insurance (44 cos.) :
41
37
46
81
29
Group
..mills, of dolls..
46
214
251
199
247
Industrial
mills, of dolls..
230
253
563
484
547
588
673
606
Ordinary
mills, of dolls__
818
839
720
Total insurance
.
mills, of dolls _
1,005
847
905
Policies and certificates, new (44 cos.) :
18
22
26
19
22
45
Group
thous. of certificates ..
723
995
761
994
926
951
Industrial
thous. of policies. _
256
223
233
259
285
Ordinary
thous. of policies..
260
1,254
1,035
968
Total policies and certificates ..thousands. . 1,229
1,256
1,276
Premium collections (44 cos.) : *
10,
125
9,304
9,019
13,868
Annuities
thous. of dolls
17, 979
7,521
7, 484
7,895
8,117
8,114
Group
thous. of dolls. .
58, 3Cu
55, 319
62, 874
55,612
60, 654
Industrial
thous. of dolls. _
165, 587 150, 450 154, 579 178, 398 173, 947
Ordinary
thous. of dolls..
241, 561 222, 309 234, 652 260, 103 256, 586
Total
- thous. of dolls..
Sales of ordinary life insurance (Life Insurance
Sales Research Bureau):
Canada total, 15 cos
thous. of dolls. „ 38, 860 36, 006 30, 066 35, 738 39, 977 46, 227
United States, total
thous. of dolls.. 629, 760 599, 855 535, 353 589, 497 634, 902 734, 614
Eastern manufacturing district
thous. of dolls.. 278, 665 258, 245 221, 440 242, 920 267, 378 321, 403
Far western district... thous. of dolls.. 64, 140 61, 492 56, 553 60, 607 63, 112 70, 226
Southern districtthous. of dolls.. 66, 626 64, 470 61, 076 69, 047 73, 714 84, 055
Western agricultural district
thous. of dolls- 80, 794 80, 224 75,004 84, 197 91, 959 100, 752
Western manufacturing district
......thous. of dolls.. 139, 535 135, 424 121,280 132, 726 138, 739 158, 178
Ordinary life insurance, lapse rates (Life Insurance Research Bureau):
3 124
3111
United States total
rel to 1925-26
3 140
3123
East North Central
rel to 1925-26
3 123
3 117
East South Central
rel to 1925-26
a 127
3 140
Middle Atlantic
rel to 1925-26
3 113
3 95
Mountain
rel to 1925-26
3 122
3105
New England..
rel. to 1925-26—
8
3 116
103
Pacific
rel to 1925-26
i
3100
3 107
South Atlantic
rel to 1925-26
I
3 120
« 107
West North Central rel to 1925-26
3 123
3 110
West South Central... rel. to 1925-262 Revised.
' For earlier data see table on page 21 of the October, 1931, issue.




15, 769

15, 662

15, 573

15,474

15,392

15, 293

15,217

6,345
1,541
4,804

6,332
1,544
4,788

6,330
1,547
4,783

6,323
1,555
4,768

6,312
1,555
4,757

6,303
1,554
4,749

6,270
1.561
4', 709

1,164
1,611
2,653
499
5,927

1,134
1,605
2,660
495
5,894

1,120
1,578
2,651
487
5,836

1,108
1,572
2,648
485
5,813

1,106
1,545
2,633
478
5,762

1,104
1,531
2,637
475
5,747

1,101
1, 526
2,640
469
5, 736

2,331

2,300

2,273

2,241

2,212

2,169

2,127

72
236
672
980

99
225
691
1,025

62
247
720
1,028

104
209
599
912

78
214 !
596
888

131
229
753
1,112

59
208
503
861

35
845
288
1,168

59
865
301
1,225

28
881
321
1,230

60
731
247
1,039

44
750
231
1,026 I

59
794
319
1,172

28
741
253
1,022

25, 175 12, 682
8,037
8,398
59, 884 53,854
175, 562 183, 992
268, 658 258, 926

11,919
8,790
62, 920
186,452
270, 081

12, 430
8,748
56,388
166, 759
244, 325

10, 741
10, 108
62, 659
170,497
254,005

19, 615
9,591
112, 666
191, 871
333, 743

7,094
7,269
58, 108
154, 473
226, 944

41,314 45, 648
724, 206 754, 002

46, 945
770,440

40, 180
647, 140

41, 188 ! 49,874
628,607 i 795, 642

46, 868
653, 131

313, 038 327,077 343, 745 289, 757 280, 066
68, 663 70, 943 73, 579 60, 094 61, 589
81, 955 82, 930 77,628 64, 009 65, 329

324, 635
86. 291
91, 922

86, 439

82, 754

117, 117

90, 178

146, 841

138, 869

175, 677

146, 102

98, 861 102, 396

161, 689

170, 657

101, 945
173, 543

127
139
139
143
125
141
114
121

3 113
3 116

3128
3 128
3 108
3 114

3
98
3109
3 108

3119 i
!

3 112

i

2 124

Quarter ending in month indicated.

279, 651
65, Oil
72,189

55

SURVEY OF CURRENT BUSINESS

January, 1932

MONTHLY BUSINESS STATISTICS—Continued
Earlier data for items shown here may
be found in the 1931 Annual Supple- NovemOctober SeptemAugust
ment to the Survey
ber
ber

1931
July

1930

June

May

April

March

Febru- January
ary

Decem- November

ber

FINANCE— Continued
Public Finance
35,500
35, 175
27, 445
Customs receipts
thous. of dolls
Expenditures chargeable to ordinary
receipts
thous. of dolls.. 292, 652 416, 472 356,630
Government debt, gross, end of
month .
mills, of dolls.. 17, 310 17, 292 17, 321
106, 304 134, 649 368, 792
Total ordinary receipts
thous. of dolls
United States money in cir5,478
culation
mills, of dolls
5,133
5,518

38, 240

34, 480

28,986

27, 463

31, 798

31, 807

28,107

28,808

30, 764

36, 365

323, 838

330, 661

375, 153

285,892

432, 366

720, 236

191, 425

413, 796

364, 540

244,651

16, 864
122, 141

16, 802
131, 706

16,801
512, 894

16, 527
124, 405

16,655
148, 208

16,583
433, 301

16,231
118, 614

16, 163
125, 605

16,026
717,092

16, 185
120, 362

4,947

4,836

4,750

4,679

4,647

4,590

4,598

4,695

4,823

4, 528

Stockholders
American Telephone & Telegraph Co.:
Domestic
number..
Foreign
number
Pennsylvania R. R. Co.:
Domestic
number
Foreign
number
U. S. Steel Corporation (common stock):
Domestic
number
Foreign
number-Shares held by brokers
p. ct. of total

3

8

605, 885
36,870

3 241, 391
33,284

_

.

595,322
• 6, 735

3574,905
3 6, 383

»560,424

3 240. 734

3235,306
33,272

3233,414

• 153, 718

3 147, 440
3 2, 451
3 15 68

3 143, 221
3 2, 345
i 3 16 20
i

33)29! L

s 166, 316
32,701
8
13. 16

»2,520

114 37 !

-

3 6, 184
3 3, 190

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:
60 domestic bonds
p. ct. of par..
40 representative issues
p. ct. of par..
6 Liberty bonds
.p. ct. of par..
Bond yields:
Industrial (15)
.per cent
Liberty and Treasury bonds
per cent,.
Municipal (15)..
percent
Municipal bond yield (20)
per cent
Railroads (15)
per cent
U. S. Treasury notes and certificates,
3-6 mos
per cent
Utilities (15)
per cent-Total, 60 high grade
per cent
Long-term real-estate bonds issued:
Grand total
thous. of dolls
Interest rates
_
per cent
Kind of structure—
*
Apartments
thous. of dolls
Hotels.
thous. of dolls..
Office and commercial .thous. of dolls..
Purpose of issueAcquisitions and improvements _ __
thous. of dolls
Finance construction.. thous. of dolls..
Real-estate mortgage. -thous. of dolls..

64.08
83.73

65.06
84.35
55.48

56.31
72.15

71.93

53.02

56.49

91.72

92.96

72.24
92.70
61.60
78.40
64.11

77.05
95.14
65.82
82.81
70.76

80.99
97.70
67.75
83.68
80.34

79.07
97.73
64.36
82.76

80.48
97.68
66.70
80.91

78.51

82.54

80.06
84.03

99.98
71.02
106.04

100. 38

99.89

100. 12

106. 09

100. 25
83. 84
106. 30

81.01
106. 84

80.86

82.29
96.31
70.83
79.59
86.58

82.06
96.41
70.72
79.00
86.39

105. 77

100. IS
88.03
105. 37

100. 27
86.67
104.86

104. 23

81.53
105. 53

96.11
68.15

81.98

96.59
70.98
78.14

86.54

78.96
92.89

68.61

75.54
82.78

81. 10

94.63
70.53
77.32
85.85

50.20
100.86

56.10
100. 37

96.32
53.98
103. 76

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
4.32

5.26
3.30
3.76
3.84
4.32

5.24
3.31
3.76
3.74
4.27

5.10
3.38
3.80
3.85
4.33

4.98
3.39
3.89
3.90
4.27

5.01
3.40
3.95
4.03
4.27

4.99
3.33
3.92
4.05
4.25

5.12
3.34
4.05
4.12
4.41

106. 41
M
4.97
3.32
4.00
4.06
4.32

1.77
4.89
5. 19

1.70
4.77
5.16

.45
4.50
4.70

.42
4.40
4.50

.41
4.42
4.44

.55
4.46
4.45

.88
4.44
4.43

1.49
4.46
4.43

1.38
4.48
4.41

1.06
4.64
4.44

1.24
4.56
4.43

1.48
4.61
4.55

1.40
4.57
4.46

2,619
5.71

9,125
5.00

66,785
6.80

2,100
5.76

775
6.78

3,425

9,485

7,235
6.68

3,590
6.36

29, 877
6.75

9,965

6.43

2,015
6.66

4,520

6.69

0
500
1,979

0
0
9,125

0
0
66, 445

0
0
1,985

0
0
175

0
0

2,700

0
265

8,660

260
0

4,400

0
0
1,476

0
0
2,000

0
1,250
1,200

0
725
1,894

0
500

0
565
635

0
600
0

0
1,000
425

265
0

9,220

0
1,700
3,135

210
1,000
630

0
1,600
1,090

2,850

8,625

0
395
66, 090

142. 97
114.2

146. 65
117.2

193. 83
154.9
64. 88
92.8
33. 35

158.6

193. 76
154.8

215. 74
172.4

23.85

190. 59
152.3
57.87
82.7
32.48

198.56

54.1
21.27

156. 80
125.3
46.44
66.4
22.90

97.4
35.81

94.2
31.39

36.38

237.52
189.8
84.55
120.9
40.49

71.7
46.0
114.7

69.7
48.4
111.9

81.7
56.1
131.9

95.5
66.2
154.0

98.2
75.3 I
157.6

95.1
74.0
153. 0

98.0
76.8
156.4

109.2
87.3
169.8

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

202.3

100.3
150.6

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

60.7

59.3

71.6

84.2

88.0

56.7
41.5
46.0
44.6
33.7

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

72.32

85.30

99.57
84.56

5.81

99.54

0
340

99. 68

84.05

5.74
110
0

28,972

9,300

850
530

0

27,945

0
1, 595
5, 120

235.29
188.0
92.03
131.6
44.00

214. 18
171.1

212. 34
169.6

227. 60
181.8

40.69

38.09

117.2

129.0
42. 12

121.6
97.2
188.9

119.8
104.7
177.9

112.3
100.4
163.4

109.4
93.5
157. 9

116.7
102. 1
167. 4

110.3
174.0
237.3
120.4

202.5

117.4

111.8
178.6
268.2
128.6

103.4
161.7

227.6

106.2

101. 9
169. 7
177. 0
100.3

108.5
195.8
214.9
101.2

46.4
88.8
66.7
117.7

50.0
86.2
79.4
127.1

57.5
89.9
96.7
136.9

54.4
86.4
90.8
133.2

50.6
78.4
82.1
127.2

54.9
78.1
79.9
123.0

56.0
81.7
90.8
126. 4

83.4

88.7

109.4

125.1

125.8

120.4

116.9

120.3

63.1
54.6
48.6
68.2
45.0

63.2
57.1
48.6
72.1
47.4

74.1
67.5
52.6
86.1
52.2

84.5
78.2
51.5
102.9
58.2

90.7
77.4
52.2
101.2
55.3

89.1
74.1
53.8
89.8
52.5

1,250

STOCKS
Stock prices, average daily closing:
25 industrials, average dolls, pershare..
25 industrials, average.—., rel. to 1923-25-.
25 railroads, average
dolls, per share
25 railroads, average
rel to 1923-25
103 stocks, average
dolls, per share
Stock prices, average weekly closing:
All groups (404)
rel. to 1926..
All railroads (33)
_rel. to 1926All utilities (34)
rel. to 1926—
Industrials, rails and utilities
(337).
rel. to 1926Agricultural implements (4)._rel. to 1926—
Airplanes (10)._
rel. to 1926Automobiles and trucks (13).. rel. to 1926—
Automobile tires and rubber
goods (7)
rel. to 1926
Chain stores (17) _ _
.rel. to 1926Copper and brass (9)__
.rel. to 1926—
Food, other than meat (20)... rel. to 1926..
Machinery and machine equipment (10)
rel. to 1926
Oil producing and refining
(16)
rel. to 1926Railroad equipment (9)
rel. to 1926—
Rayon (5)
rel to 1926
Steel and iron (9)..
rel. to 1926..
Textiles (30)
rel. to 1926Theaters, motion pictures and
amusements (7)
rel. to 1926
Tobacco and tobacco products
(10).
rel. to 1926
Traction, motor transportation
(9)
rel. to 1926]
Quarter ending in month indicated.




37.82

44.72

63.9

68.09

!
!
I
!

65.89

89.4
140.3
110.0

74.97

107.2

90.38

129.2

82.00

87.8 !
72.9 i
58.2
91.6
51.0 !

90.23

96.9
70. 8
f>7. 9
99. 5
54.9

27.7

28.3

37.9

43.4

44.5

44.6

44.3

61.3

76.1

80.2

69.4

66.7

77.7

106.2

104.7

117.5

136.9

141.0

133. 5

137.3

144.3

143.8

137.4

131.5

125.6

129.2

43. 6

43.6

51.1

59.8

62.7

63.2

60.8

61.9

67.1

66.3

63.1

63.3

67.9

56

SURVEY OF CUERENT BUSINESS

January, 1932

MONTHLY BUSINESS STATISTICS—Continued
Earlier data for items shown here may
!
be found in the 1931 Annual Supple- NovemOctober | SeptemAugust
ment to the Survey
ber
ber

1931
July

FINANCE-Continued

1930
Febru- January
ary

June

May

April | March

58,719

46,661

54, 335

65,494

64,145

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
8.75

5.81
5.12
5.35
3.89
6.29

Decem- November !
ber

I

Stocks and Bonds— Continued
STOCKS— Continued
Stock sales, N. Y. Stock Exchange
thous. of shares.. 37, 369
Stock yields:
Preferred high-grade industrial
(20)
- .per cent
6.45
Total common (90)__
per cent .
7.07
Industrials (50)
• per cent
7.32
Public utilities (20) .. - per cent
5.50
9.88
Railroads (20)
per cent

47, 895

6.40 !
7.28 !
7.49
5.74
10.07

51,140

24, 890

6.03
8.51
6.63
5. 11
9.59

5.80
5.74
5.94
4.36
8.15

33, 540

5.77
5.68
5.89 i
4.33
7.54

52, 543

5.66
5.50 i
5.73
4.26
6.56 i

58, 764 |

51, 946

5.77 !
5.62 !
5.79
4.37
7.05 ;

5.62
5.43
5.69
4.10
6.46

New Security Issues
Bond sales, Canada:
Total
-thous of dolls
Corporation
thous. of dolls
Dominion and provincial
thous of dolls
Municipal - _
thous. of dolls
Railways
thous of dolls
Bond sales (U. S.):
CorporationTotal
thous of doils
Class of industryIndustrial - - thous of dolls
Land and buildings
thous. of dolls
Oil
thous of dolls
Public utilities
thous. of dolls-.
Railroads
thous. of dolls
Shipping and miscellaneous
thous. of dolls..
Purpose of issueNew capital
thous of dolls
Refunding _. _ _ .. thous of dolls
Type of securityBonds and notes
thous. of dolls ;
Stocks
thous of dolls
Bond sales on N. Y. Stock Exchange:
Miscellaneous
thous. of dolls '
Liberty— Treasury
thous. of dolls.
Total
thous of dolls i
Foreign governments, excl. Canada
.thous. of dolls.Foreign loans in the United
States
- .
thous, of dolls. _
States and municipalities:
i
Permanent loans
thous. of dolls..
Temporary loans
thous. of dolls._|

150, 033
0

436
150

51, 073
240

1,923
400

7,133
683

62,240
5,085

666, 340
9,660

57,994
3,975

44,958
17, 054

39, 834
19, 300

109, 864
2,685

48, 839
12,355

69, 563
7,000

150, 000
33
0

0
286
0

0
833
50, 000

0
1, 523
0

5,000
1, 450
0

33, 650
13, 505
0

850, 141
7,039
0

25,764
28, 254
0

8,057
18,097
1,750

8,000
12, 534
0

35, 444
1,735
70,000

7,714
2,520
24, 250

CO, 000
2, 563
0

70, 202

17, 891

176, 264

51,997

155, 934

252, 918

250,590

456, 678

401, 229

88, 226

580, 706

187, 644

141,855

583

2,160

4,550

9,197

15, 439

6,350

4,850

96, 932

82, 400

2,925

69, 173

21, 889

10, 562

5, 784
0
51,285
12, 550

9, 625
0
2, 000
0

67,009
0
42, 080
60, 000

2, 650
400
27, 456
12, 295

1,651
0
138, 800
0

3,813
5,000
220, 416
16, 113

10. 415
2,000
210, 025
22,500

7,577
4,940
305, 661
6,000

3, 765
2,053
101, 393
200, 018

6,405
0
64, 266
12,000

8,021
30, 002
1,500 i
0
324, 108 116, 778
175, 004
14, 250

15,365
4,250
89, 738
7,600

0

4,106

2,625

0

2,044

35, 568

11, 600

2,630

4,725

14, 340

17,391
500

156, 381
19, 883

46,197
5,800

115, 070
40,864

1,226
'
131, 343
121, 575

800

50, 123
20, 079

169, 360
81,230

267, 471
189, 207

269, 030
132, 199

74, 251
13, 975

399,848 ! 180, 872
6,772
180,858 !

137, 622
4,233

46, 347
23, 855

14, 285
3,606

163, 399
12, 865

39,835 153, 814
12, 162 1 2,120

247, 034
5,884

190, 065
60, 525

354, 969
101, 709

391, 758
9,471

61, 460
26, 766

535,404 114,135
45,302 i 73, 509

123,417
18,438

199, 228
37,389
236,617

290, 822
56, 157
346, 979

267, 323
38, 493
305, 816

191,035 ! 219, 615
8,675 ! 8,284
199, 710 i 227, 899

252, 585
15, 167
267, 752

221, 256
14, 431
235, 687

215, 661
12, 127
227, 788

238, 298
8,723
247, 021

174, 535
19, 911
194, 446

247,308 i 250, 707
16.809
15, 055
264017 1 265, 762

182, 906
6,640
189, 546

9,500

2,900

0

0

0

o

0

0

0

0

0

0

0

0

0

0

» 23, 602

0

1,900

38, 800

69, 184

44, 303

13, 791

8,707

95,657

22,377

5, 662

51,351 ! 2 18, 343
67,925 i » 50, 122

121, 392
102, 129

120, 336 3169,094 » 111, 386
30, 892 » 24, 772 196, 598

279, 443
64,979

119,589
238,436*

49, 977
81, 697

97, 703
76, 531

93, 982
80,422

275,618 ! « 85, 327
91,522 j 45,802

* Revised,




U. 5. G O V E R N M E N T P R I N T I N G O F F I C E : 1932

EXPLANATORY
The Survey of Current Business is designed to present
each month a picture of the business situation by setting
forth the principal facts regarding the various lines of
trade and industry. The figures are very largely those
already in existence. The chief function of the Survey
is to bring together those data which, if available at all,
are scattered in hundreds of different publications. A
portion of these data are collected by Government
departments, other figures are compiled by technical
journals, and still others are reported by trade associations. The Survey of Current Business computes
the indexes on total stocks, new orders, agricultural
marketings, crop marketings, and unfilled orders based
on available data.
SOURCES OF DATA
The sources and inclusiveness of the data appearing
in the table "Monthly Business Statistics" will be
found noted in the 1931 Annual Supplement to the
Survey of Current Business, and the sources of the
weekly data are given on page 4 of the February 5,
1931, issue of the Weekly Supplement to the Survey of
Current Business.
HISTORICAL DATA
Monthly data on all the various series carried in the
Monthly Survey will be found in the 1931 Annual
Supplement to the Survey, running back seven years
and in some cases eight years. Data previous to that
included in the 1931 Annual Supplement will be found
in the monthly Surveys prior to 1924.
RELATIVE AND INDEX NUMBERS
To facilitate comparison between different important
items and to chart series expressed in different units,
relative numbers (often called "index numbers," a
term referring more particularly to a special kind of
numbers described below) have been calculated. The
monthly average for 1923-1925 has usually been used
as a base equal to 100.
The relative numbers are computed by allowing the
monthly average for the base year to equal 100. If
the movement for the current month is greater than
the base, the relative number will be greater than 100,
and vice versa. The difference between 100 and the
relative number will give at once the per cent increase




or decrease compared with the base period. Thus, a
relative number of 115 means an increase of 15 per
cent over the base period, while a relative number of
80 means a decrease of 20 per cent from the base.
Relative numbers may also be used to calculate the
approximate percentage increase or decrease in a
movement from one period to the next. Thus, if a
relative number for one month is 120 and for a later
month is 144, there has been an increase of 20 per cent.
When two or more series of relative numbers are
combined by a system of weightings, the resulting
series is denominated an index number. The index
number, by combining many relative numbers, is
designed to show the trend of an entire group of industries, or for the country as a whole, instead of for the
single commodity or industry which the relative
number covers. Comparisons with the base year or
with other periods are made in the same manner as
in the case of relative numbers.
TO INDEXES
Seasonal variations are found in most series of economic statistics for which monthly values are obtainable. Consumption and production of commodities,
interest rates, bank clearings, railroad freight traffic,
and many other types of data are marked by seasonal
swings repeated with minor variations year after year.
These, in so far as they exist at all, are definitely
periodic in character, with a constant 12-month period.
In cases where an adjustment is noted for a series carried in the Survey, the index has been corrected for
number of working or business days in the various
months and then adjusted for seasonal variation.
The index figures thereby become comparable throughout the series.
METHODS OF USE
Methods of using and interpreting current business
statistics have been collected by the Department of
Commerce from many business concerns and are
described in a booklet entitled "How to Use Current
Business Statistics," together with methods of collecting statistics. This booklet may be obtained from the
Superintendent of Documents, Government Printing
Office, Washington, D. C., at 15 cents per copy.

Over 19,000
commercial and industrial

organizations in the
UNITED
are listed in

Directory-revised to September, 1931

iBore than in the previous (1929)
edition

Lists:
2,634 NATIONAL, INTERSTATE, and
INTERNATIONAL ORGANIZATIONS
alphabetically, geographically, and by commodities and functions; with name of secretary, address, and number of members

It is the aim to make each edition more
complete than the previous one, and to inelude all organizations which are working
toward the advancement of an industry,
trade, or profession, and the promotion of
commerce and industry generally on a regional basis.

j
\

3,050 STATE and T E R R I T O R I A L
ORGANIZATIONS
under the city or town in which headquarters
are located; with number of members and
date of annual meeting
13,625 LOCAL ORGANIZATIONS
with address, number of members, and date
of annual meeting

\

386
pages
buckram
bound




COMMERCIAL and INDUSTRIAL
ORGANIZATIONS in the
UNITED STATES
REVISED EDITION, SEPTEMBER, 1931
DOMESTIC COMMERCE SERIES No. 6

price

85 cents

U . S . GOVERNMENT PR