Full text of Survey of Current Business : January 1932
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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 . 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