Full text of Survey of Current Business : January 1934
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JANUARY 1934
SURVEY
OF
CURRENT BUSINESS
UNITED STATES
DEPARTMENT OF COMMERCE
BUREAU OF FOREIGN AND DOMESTIC COMMERCE
WASHINGTON
VOLUME 14
NUMBER 1
U. S. DEPARTMENT OF COMMERCE
D A N I E L G. R O P E R , Secretary
BUREAU OF FOREIGN AND DOMESTIC
W I L L A R D L, THORP, Director
Assistant Directors: H. RUSSELL AMORY and NATHANAEL H. ENGLE
Administrative Assistant: WHARTON MOORE
Editor "Survey of Current Business": M. JOSEPH MEEHAN
Commodity Divisions and Chiefs
Aeronautics Trade—Automotive: A. W.
Childs.
Agricultural Implements—Industrial Machinery: Walter H. Rastall.
Chemical: Charles O. Coneannon,
Electrical Equipment: Marshall T. Jones.
Foodstuffs: Edward O. Montgomery.
Iron and Steel: Luther Becker,
Lumber—Paper: Axel H Oxholm.
Minerals: James W. Fur ness.
Leather—Rubber—Shoe: Wilbur J. Page.
Specialties—Motion Pictures: Eric T. Ki
Textiles: Edward T. Pickard.
Tobacco; B. D. Hill.
Technical Divisions and Chiefs
Commercial Intelligence: Arthur S. Hillyer.
Commercial Laws: C. J. Junkin.
Economic Research: E. A. Tupper, Acting
Chief.
Editorial: Griffith Evans.
Finance and Investment: Grosvenor Jones.
Foreign Tariffs: Henry Chalmers.
Domestic Commerce: Edwin B. George.
Regional Information: Louis Domeratzky.
Statistics: Walter Asmuth, Acting Chief.
Section Customs Statistics, Neiv York: L. J.
Mahoney.
Transportation and Communication: Thomas
E. Lyons, Acting Chief.
Administrative Divisions and Chiefs
Field Service: Lacey C. Zapf.
Correspondence: Royal H. Brasel
District Offices
Address District Alanager
Bureau of Foreign and Domestic Commerce
Atlanta, Ga.: 504 Post Office Building.
Birmingham, Ala.: 257 Federal Building.
Boston, Mass.: 1800 Customhouse.
Buffaio, N.Y.: Chamber of Commerce Building.
Charleston, S.C.: Chamber of Commerce Building.
Chicago, IK.: Suite 1706, 201 N. Wells Street.
Dallas, Tex.: Chamber of Commerce Building.
Detroit, Mich,: SOI First National Bank Building.
Houston, Tex.: Chamber of Commerce Building.
Jacksonville, Fla.: 13 Chamber of Commerce Building.
Kansas City, Mo.: Care of Chamber of Commerce, 1028 Baltimore
Avenue.
Los Angeles, Calif.: 1163 South Broadway.
Louisville, Ky.: 40S Federal Building.
Memphis, Term.: 229 Federal Building.
Minneapolis, Minn.: 213 Federal Building.
New Orleans, La.: Room 225-A, Customhouse.
New York, N.Y.: 734 Customhouse.
Norfolk, Fa.: 406 E. Plume Street.
Philadelphia, Pa.: Suite 422, Commercial Trust Building.
Pittsburgh, Pa.: Chamber of Commerce Building.
Portland, Or eg.: 215 New Post Office Building.
St. Louis, Mo.: Suite 1216, 506 Olive Street.
San Francisco, Calif.: 306 Customhouse.
Seattle, Wash.: 809 Federal Office Building.
J A N U A R Y 1934
V o l u m e 14
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 3 0 , 1933
MONTHLY DATA THROUGH N O V E M B E R
SURVEY OF
CURRENT BUSINESS
PUBLISHED BY
U N I T E D STATES DEPARTMENT OF C O M M E R C E
BUREAU OF FOREIGN AND DOMESTIC COMMERCE
WASHINGTON
CONTENTS
SUMMARIES AND CHARTS
Business indicators
Business situation summarized
Comparison of principal data, 1929-33
Commodity prices
Domestic trade
Employment
Finance
Foreign trade
Real estate and construction
Transportation
Survey of individual industries:
Automobiles and rubber
Chemicals
Farm and food products
Forest products
Iron and steel
Textiles
Page
STATISTICAL DATA
New and revised series:
Indexes of Pittsburgh factory employment and pay rolls; wholesale prices of refined lard and vegetable compound; statistics of
reporting member banks of the Federal Reserve system; and
shipments of finished steel products of the United States Steel
Corporation, new series
Indexes of production of leather and leather products; explosives,
new orders; and consumption of fertilizer in Southern States,
revised series
Weekly Business Indicators, 1932-33
Weekly business statistics
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
STATISTICAL DATA— Continued
Monthly business statistics:
Page
Business indexes
...............................................
22
Commodity prices
.............................................
23
Construction and real estate
...................................
24
Domestic trade ..... .
..........................................
25
Employment conditions and wages
............................
27
Finance
.......................................................
30
Foreign trade
..................................................
34
Transportation and communications
...........................
35
Statistics on individual industries:
Chemicals and allied products
.............................
36
Electric power and gas
.....................................
38
Foodstuffs and tobacco
....................................
39
Fuels and byproducts
......................................
42
Leather and products
......................................
44
Lumber and manufactures
................................
44
Metal and manufactures:
Iron and steel
.........................................
45
Machinery and apparatus
..............................
47
Nonferrous metals and products
.......................
48
Paper and printing
........................................
49
Rubber and products
......................................
51
Stone, clay, and glass products
............................
52
Textile products
...........................................
52
Transportation equipment
.................................
54
Canadian statistics
............................................
55
Index of revisions made in December 1933 issue
....................
56
General index
.......................................
Inside back cover
Subscription price of the SURVEY OF CURRENT BUSINESS is 31-50 a year, which includes the 12 monthly numbers, the 1932 annual
supplement, and the 52 weekly supplements. Single-copy price: Monthly, 10 cents; weekly, 5 cents; annual, 40 cents.
Foreign subscriptions, 33, including weekly and 1932 annual supplements. Make remittances only to
Superintendent ofjfDocuments, 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
28952—34
1
SURVEY OF CURRENT BUSINESS
January 1934
Business Indicators
1923-25=100
INDUSTRIAL PRODUCTION
160
INDUSTRIAL PRODUCTION
IGO
MANUFACTURES (ADJUSTED)9
I
f MINERALS (ADJUSTED)
100
40
IGO
FACTORY EMPLOYMENT AND PAYROLLS
CONSTRUCTION CONTRACTS AWARDED
200
100 \J-
0
i60
TOTAL FREIGHT CAR LOADINGS
FREIGHT CAR LOADINGS L.C.L.
160
100
DEPARTMENT
ZOO
STORE SALES
WHOLESALE PRICES
160
FARM PRODUCTS
100
40
VALUE OF EXPORTS
200
VALUE OF IMPORTS
200
100
oLLUli
200
BANK DEBITS OUTSIDE NEW YORK CITY
160
FEDERAL RESERVE MEMBER BANK LOANS*
UNADJUSTED
!00
100
-R (COMMERCIAL)
1929
I93O
' ADJUSTED FOR SEASONAL
1931
VARIATION
1932
1933
* REPORTING MEMBER BANKS
40
I 9 29
\
930
1931
I
932
I
933
SURVEY OF CURRENT BUSINESS
January 1934
Business Situation Summarized
weekly statistics indicate that
C URRENT production, which was experienced the
decline in
for
several months foliov/ing the July peak, has terminated,
and that a moderate improvement has occurred in some
lines, December has brought a sharp rise in steel
production contrary to the usual seasonal trend.
Automobile production, however, has been retarded
by delays in the production of new models. Freightcar loadings during the first 3 weeks of December
declined by less than the usual seasonal amount.
Following the sharp gains in construction in November,
a further marked expansion occurred in the first 3
weeks of December. Awards during the latter period
were three times as large as in the corresponding period
of 1932, These totals reflect mainly increased public
works expenditures, although the value of residential
contracts awarded in the first half of the month was
larger than the total for the month of December 1932.
Industrial production in November, adjusted for
seasonal variation, was 5.2 percent below October, a
smaller relative decline than that which occurred in
each of the 3 preceding months. The adjusted
index of mineral production was unchanged. For the
first 11 months of 1933, industrial production averaged
one fifth higher than in 1932, and 6 percent below 1931.
The decline in employment in manufacturing
industries in November was of greater-than-seasonal
proportions and the adjusted index declined 2 percent.
Pay rolls dropped about 6 percent, or nearly twice the
average decline from October to November for the past
10 years.
Although the movement of goods by rail declined in
November, the seasonally adjusted index of carloadings
advanced for the first time since July. Available
data on retail sales in November do not indicate a
general gain over a year ago in dollar sales commensurate with the price increases in this interval. Department store sales, which dropped 7 percent from
October after allowance for the seasonal change, were
3 percent above a year ago. Other available retail
sales data made a better showing as compared with
1932, particularly those for the mail-order houses.
Changes in the general level of wholesale prices have
been slight in recent weeks. A fractional decline of
one tenth of a point was recorded in November, the
first month since February in which prices have
failed to advance. Bond prices recovered in the last
week of November and the first half of December
most of the ground lost in the preceding month. Stock
prices have tended irregularly lower. New capital
issues have continued extremely small.
The dollar price of gold, after having been advanced
about 16 percent between October 22 and the middle
of November, was increased by less than 2 percent
in the following month. The gold value of the dollar
dropped below 60 cents in the middle of November,
recovered to about 64 cents by the first of December,
and has since moved within a narrow range.
I
>» ^
o
g-«
%2
«*
Adjusted 2
«5
OJ
V
Year and month
5
3
0
£H
1
%
?%
|
<P
e
i
<MP
"a
|
I
S
*«
<s
I
i
S«8
•2*
I"
Cft"
Is
P,w
CM 7
If
r
35
I Merchandise, l.c.1.
Total
•d
ts
|
:
Jr
•S*.
«s :
-
oo
3
<j
1
f 1
£
!1
1
oo
3
«B
M
i
•£
I
£
1
a
Monthlyaverage,
1926 = 100
Monthly average, 1923-25=100
1930: November
1931: November
1932:
November
December
1933:
Jfinuarv
February
March
April
_
May
June
July
August
September _ __ _
October
November
M o n t h l y average,
January through
November:
1931...
1
1932
1933.
,J
Wholesale price index, 784
commodities
Unadjusted i
Department
Foreign »\
store sales, trade, value,
adjusted *
value
Freight-car loadings
Construction contracts, ali
types, value, adjusted 1
Factory employment
and pay rolls
Industrial production
Bank debits outside New
York Oty
MONTHLY BUSINESS INDEXES
84
72
82
70
96
84
86
73
85
71
92
81
81.1
69.3
75. 1
56. 2
86
70
68 ;
94
85
92
83
113
97
98
84
66
44
63
46
99.8
74.0
76
49
81.3
70.2
65
60
63
53
78
72
65
66
64
64
75
76
61.2
60.6
41.8
40.9
58
52
s|
64
70
68
69
73
106
63
60
32
33
32
30
55.4
65.0
27
28
03. 9
62.6
64
64
60
67
80
91
96
90
85
78
73
63
63
58
68
80
93
97
89
84
77
71
71
76
74
65
76
82
89
94
93
88
84
65
63
60
67
78
92
100
91
84
77
73
64
61
56
66
78
93
101
91
83
76
71
73
79
81
72
78
84
90
91
87
81
81
59.4
59.4
56.6
57.7
60.6
64.8
70.1
73.3
74.3
73.9
72.4
39.2
40.0
36.9
38.6
42.0
46.2
49.9
55.7
57.6
57.4
53.6
51
51
48
51
56
60
66
65
68
66
61
56
54
50
53
56
60
65
61 j
60
58
60
65
64
63
65
68
67
70
69
70
70
68
69
66
62
63
66
67
70
69
68
56
67
49
49
50
68
67
64
49
59
73
77
75
60
60
57
67
67
68
70
77
70
70
65
31
29
28
29
32
36
43
38
40
42
42
29
26 !
26
25
32
40
48
50
48
46
40
61.1
52.7
48.7
53.8
58.3
65.7
70.4
62.7
61.9
66.0
60.5
22
19
14
14
16
18
21
24
30
37
51
61.0
59.8
60.2
60.4
62.7
65.0*
68.9
69.5
70.8
71.2
71.1
82
64
77
82
63
77
85
71
81
75.2
62.6
65.7
66.9
45.7
47.0
76
57
58
54
36
36
55
34
37
93.0
71.1
60.2
65
28
24
73.4
65.2
65. &
i Adjusted for number of working days.
88
72
67
2
87
66
62
Adjusted for seasonal variation
SUKVEY OF CUKEENT BUSINESS
January 1934
Comparison of Principal Data, 1929 to 1933
FIRST 11 MONTHS
V//////////AREMAINDER
OF YEAR
BANK DEBITS OUTSIDE NEW YORK CITY - (BILLIONS OF DOLLARS)
CONSTRUCTION CONTRACTS AWARDED -(BILLIONS OF DOLLARS)
STEEL INGOT PRODUCTION - (MILLIONS OF TONS)
AUTOMOBILE PRODUCTION- (THOUSANDS OF CARS)
FREIGHT CAR LOADINGS - (MILLIONS OF CARS)
5
SURVEY OF CURRENT BUSINESS
January 1934
Commodity Prices
Of 39 selected subgroups for which indexes are prepared, 20 increased, 13 decreased, and 6 remained
unchanged.
While the wholesale price index in November was
about 11 percent higher than a year ago, the relative
increases for the component groups show a considerable
disparity, and the individual commodities an even
greater variation. Group increases ranged from 1.4
percent for the chemical and drug group to 43 percent
for textile products. Of the selected subgroups, 7
showed declines in comparison with last year; 3 increased less than 5 percent; 8 increased from 5 to 10
percent; 11 increased from 10 to 20 percent; 5 from
20 to 50 percent; and 5 increased more than 50 percent.
While the general level of farm prices has not
changed materially since August, there have been
variations of considerable proportions in individual
farm commodities which have been reflected in the
group indexes. Four of the groups-—cotton and cottonseed, daily products, poultry products, and the unclassified commodities have increased from 7 to 57
percent, the latter gain being in the poultry group.
Declines of from 6 percent to 33 percent were recorded
for the three remaining groups, the widest of which
was the drop in fruits and vegetables which had recorded an extremely rapid rise in July and August.
price level
CHANGES inor the the compared duringtheNovember
were slight, with
major indexes showing variations of a point less as
with
preceding
month. The wholesale price index was one tenth of a
point lower than in October, the first month since February in which prices did not advance. The weekly
index of wholesale prices has moved within a range of a
point since the end of October through the week of
December 16, the high for this period being 71.7 in the
week of November 18, and the low 70,7 in the week of
December 2. Form prices, which advanced moderately in the latter part of October, had receded by the
first week of December to 69 percent of the 1910-14
average, a loss of 2 points since November 15. Fairchild's retail price index of department store articles
advanced for the seventh consecutive month, but the
rise was the smallest recorded during this period. The
cost of living index of the National Industrial Conference Board dropped fractionally in November,
owing to declines in the component indexes of rent and
food.
Although sharp changes were witnessed in individual
commodity prices at wholesale in November, movements of the group indexes were generally narrow,
varying from a rise of 1.6 percent for farm products to
a decline of 0.9 percent for hides and leather products.
INDEXES OF COMMODITY PRICES
j
1 Economic classes !
j!
i
' 38.1
ii *-£»
Iff
Year and month 1 a>£i
• ~i
1s
; ^ |
&
&
3
10
g
ft
"&
Sj
IM
^
1 i
i o
•""
"S
£
tt
3
~£
3
c
S3
..
.
s
x
i £
$
•o
ev
r,
1*
ii
I 65.2 ; 70.6
i ' 65.5 ; 70.1
cy
O
1
1
5
&*
j|
S
£
2
3
p
OB
1
fe
fS
«
£
fl
3
jsfl
•e
3
fe
i*
o
£
•*•»
«
•S3
3
1
ce
fi.23
£t3
•s'S
i
j^ &
fi 3
»
76 8 i 7(5 1
62.0 64. 9
79 3 1 64 0
58. 7 1 51.3
54. 2
52 1
46. 7
44 1
58. 9
57 7
86 2 j 91 4 i 81 1
71.0 I i 67.7
73.5
:i
T3
g
E
PS
{8
=3
«
0
5*
—- o
&«>S
g
s
H
J
s*
C9
14 •5^3 n
»i
111 I* *|S
gs>
**T3
!
fi «
-w
05
a
c
C2 § O
fe
b.
v
Q
ft
£
Dee.
Mo. , ,M°\
Mo.
1930
' '^l^f0''' 1909= average, (Jan. 1,
H to' ^ g j o
1931)=
100
100
74 1
141
103
93 9 l
84. 8
68. 7
71
83. 9
117
r TOO , ^
85 5 xr. n
TR x
U1 .r> i XT X
74
76. 2
76. 1
69. 4
94 2
81 6
80. 9
82 G
G2 2
33.2 || 60.6
31 7 1 58 3
53.7 J i 69.8 70.7
49 4 I ' 69 0 il 70 8
72.4
7v> a
71.4
69 3
71.4 1 73.7
69 6 73 6
79.6
53. 9
53 0
63. 7
7Q 4
63 4
75. 6
75 1
54
52
99
99
72.6
71.8
32. 9 55. 8
32 7
53 7
36 0
54 6
44.8 56.1
52 8 59 4
57' 4
61 2
73 4 i 65 5
64 6
64 8
64* 9
63 9
58.' 2 64. 2
61.3 64.3
49.5 | 67.3
50 2
66 0
50 5
65 8
50.3 65.3
52 3 66 5
52 4
68* 9
72 2
50 8
51 0
74 1
51 5 76 1
51.0 77.2
77.2
48.2
70.1
69 8
70 3
70.2
71 4
74 7
79 5
81 3
82 7
83.9
84.9
71. 6
71 3
71 2
71.4
73 2
73 7
73 2
73 1
72 7
72.7
73.4
66.0
63 6
62 9
61.5
60 4
61 5
65 3
65 5
70 4
73. 6
73.5
68.9
68 0
68 1
69.4
76 9
82 4
86 3
91 7
92 3
89.0
88.2
72.9 | 78.2
72 3 1 "7 d
72 2 77 2
71.5 76. 9
71 7 77 7
73 4 79 3
74 8 80 6
77 6 81 2
79 3 82 1
81.2 83.0
81.0 82.7
51.9
51 2
51 3
51. 8
55 9
61 5
68 0
74 6
76 9
77. 1
76.8
61 2
59 2
58 9
57. 8
58 9
60 8
64 0
65 4
65 1
65. 3
65.5
73.7
72 1
71 8
71.5
72 1
72 8
75 2
76* 9
77 9
78.0
77.8
51
49
50
95
91
91
53
62
90
94
64
76
72
70
70
71
97
105
107
107
107
107
71.1
69 9
69 7
69.4
70 4
72 3
76 1
82 5
86 0
87.1
88.0
76.5
59.1
50.7
79.5
71.6
76. 3
79.6
73.8
72. 5
67.4 86.7
70.4 73.4
65.8 I 80.1
85.5
75.2
75.3
66.9
55. 4
63. 4
69.9
64.5
62. 0
87.0
77.9
74.5
82
58
63
122
102
99
91.6
76. 2
76.6
!
55.4 i 59.5 48. 6
56.0 | 64.7 i! 51.0
.So
>w
%
11
1
"5
o
-»
fi
*'i
^M
o«
Monthly average, 1926=100
1933:
'
January
, 61.0 66.7 50.2 56. 9 42.6
February
' 59 8 65 7 48 4 50 3 |l 4ft o
March
60.2 65 7 49 4 56 9 42 8
April
Jl 60. 4 65.7 50. 0 57.3 44.5
May
•! 62 7 67 2 53 7 61 3 50 2
June .
65. 0 69 0 56 2 65 3 53 2
Julv
i 68 9
61 8 69 1 60 1
August
69 5 73 4 60 6 71 ' 7 57 6
September.-. .
70.8 74 8 61 7 72 9 57 0
October
l| 71. 2 75.4 61.8 72.8 55. 7
November
il 71.1 75.2 62.4 71.4 56.6
1
Monthly average,
January through ii
i
November:
j
1931
| 73.4 77.4 66. 1 69. 5 65. 7
1932
1933
3
ȣ cc
-w-w
<-"O
i
!
i
1930: November ..
81.3 :| 84.1
1931: November . .
70.2 I S 74.8
1932:
|
November
j 63.9 ] 69.3
December
i 62.6 68.4
j
^
Retail
sl
If
if
£
(K
X
£•3 !
Su
r~4a
i
3
Groups
ng ma
i
'. f l
Wholesale (Department of Labor)
|{
|
2
l[
53.7 i 75.1
40 1
61.3
52.5
60.4
75.3
70.5
70.6
84.8
80.3
79.7
6
SURVEY OF CURRENT BUSINESS
January 1934
Domestic Trade
November, and the seasonally adjusted index dropped
7 percent to 65 percent of its 1923-25 average. Compared with November 1932, sales for the country as a
complete reports available, it appears that the gains whole were 3 percent higher. Considering the marked
were somewhat in excess of seasonal expectations. gain in prices between the two periods—Fairchild's
Department store sales in the New York City area, which index of retail prices of goods commonly sold through
in recent months have been running slightly below a this channel is more than one fifth higher than a year
year ago, were reported as 7 percent above last year ago—it is apparent that the physical volume represented in department store sales is substantially lower
in the first three weeks of December.
Sales comparisons in urban industrial regions con- than at this time last year.
Mail order sales, although slightly lower than in
tinue to be less satisfactory than in the major agricultural areas. In November, the Federal Reserve October, were relatively large when contrasted with
Board's indexes of department store trade, by districts, the figures for other recent months. Despite a three
showed sales in the Boston, New York, and Philadel- percent decline, the value of November sales was 26
phia areas to be each 1 percent below a year ogo, percent above a year ago, 13 percent above November
while all of the other districts registered gains. In- 1931, and only 7 percent below November 1930.
creases varying from 1 to 4 percent were reported for Sales of a comparable group of variety stores showed
the Richmond, Minneapolis, Chicago, Kansas City, almost no change between October and November
and San Francisco districts. The Cleveland and St. but an improvement over a year ago of 5.6 percent in
Louis districts reported increases of 7 and 8 percent, dollar value. New passenger car sales were 74 perrespectively. The largest relative increases were the cent greater in November than in the same month of
13 percent increase in the Dallas district and the 15 1932, although declining below the October figure by
percent increase for Atlanta. Other available regional a slightly larger percentage than the average for
data also show sales in the areas which are primarily recent years.
The number of commercial failures showed a small
agricultural to be better, relatively, than in the major
increase during November, while the liabilities inindustrial regions.
For the country as a whole the Reserve Board's volved registered a decline. For the elapsed eleven
unadjusted index registered a decline in the daily months of this year the number of failures was 35
average of department store sales of about 3 percent. percent less and the amount of liabilities 45 percent
Normally there is a seasonal gain from October to smaller than in the corresponding period of 1932.
ISTRIBUTION
goods at retail
Dholiday influences.ofFrom December, asshowedin-a
marked improvement in
a result
of
the scattered arid
DOMESTIC TRADE STATISTICS
Wholesale
trade
Retail trade
Chain -.-tore sales
Department stores
Year and month
Sales
'
Unad- Adjust- justed *
ed^
Variety stores
Combined
Unad-1 Ad- ' index
(jnad-l Adjust- j just- (19 com- just- ! Justed
ed 2
ed j ed
panies)
Stocks -i
Monthly average, 1923-25=100
1930: November _
1931: November
1932:
<J
November
December
1933:
January
February
March
April
May
June,,.July
August
September .
October..
November
Monthly average, January through November:
1931_
1932__.
1933
.
1
113
97
98
84
104
90
63
60
69
56
61 !
60
49
49
50
68
67
64
49
59
73
77
75
60
60
57
67
67
68
70
77
70
70
65
52
54
55
55
56
56
56
62
73
77
78
58
57
54
53
55
57
60
64
70
70
69
87
66
62
83
66
61
Corrected to average daily sales.
Thousands
of dolls.
Pay
rolls
Monthly average, 1929=100
Advertising
linage
|
j
Liabil- Maga-j Newszinc paper
ities
Unad- Adjust- justed 2
ed
Failures
Monthlv average, 1923-25=
100
MilNum- Thou- Thou- lions of
sands sands
ber of dolls. of lines lines
160
148
159
147
55,713
45, 898
92.6
84.1
91.0
79.7
94
85
92
83
2, 031
2, 195
55, 261
60, 660
3,042
2,444
89
82
80
79
130
226
129
117
41, 281
51, 556
77.6
77.0
63.3
62.6
70
64
68
69
2,073
2,469
53, 621
64, 189
1,754
1,641
65
61
80
76
75
78
78
82
86
84
85
84
83
100
103
110
129
126
125
123
129
137
141
136
135
138
121
140
130
137
142
139
151
132
130 j
26, 958
26, 176
27, 554
35, 365
37, 778
38, 986
33, 566
40, 327
43,219
53, 550
52, 037
75.3
74.1
73.1
73. 3 1
74. O
75. 7
76.9
79.7
82.1
83.5
83.4
61.7
58.6
57.1
56.0
57.4
57.3
59.1
60.8
62.3
66.0
64.1
65
64
63
65
68
67
70
69
70
70
68
69
66
62
63
66
67
70
69
68
66
67
2,919
2,378
1,948
1,921
1,909
1,648
1,421
1,472
1,116
1,206
1,237
79, 101
65, 576
48, 500
51, C98
47, 972
35, 345
27, 481
42, 776
21,847
30, 582
25, 353
1,116
1,490
1,630
1,729
1,732
1,544
1,272
1,184
1,407
1,870
1,899
52
47
50
60
62
61
49
54
62
70
66
85
81
146
127
124
46, 159
37,143
37, 774
86.9
78.3
77.4
84.1
67.4
60.0
88
72
67
2,321 60, 282
2,668 78, 557
1,743 43,239
2,430
1,775
1,534
80
64
58
92
79
73
106
Avg. same Monthly avermo. 1929- age, 1923-25=
100
31 = 100
Mail j
order j Emsine!
ploystore
sales, 2 merit
houses
Freight-car j
loadings, mer-' Commercial
failures
ehandise I.e.!. •
2
Adjusted for seasonal variation.
3
End of month figures.
SURVEY OF CURRENT BUSINESS
January 1934
Employment
declines
GREATER than seasonal and pay occurred in manufacturing employment
rolls between the
middle of October and the middle of November.
Employment in this field of activity fell off about 2 percent more than the usual seasonal drop, while the
reduction of about 6 percent in pay-roll disbursements
was relatively almost twice as large as the average
decline in November for the past 10 years. Only 11
of the 48 States, and the District of Columbia, reported
increased employment during November.
Total wage disbursements in factories in November
were 45 percent above the amount paid in March of
this year and 28 percent above November a year ago.
The number employed in factories in the middle of
November was 28 percent higher than in March and
19 percent above a year ago. Thus, for every 100
factory workers in March there were 128 in November,
and for each dollar paid out in wages last March $1.45
was paid out in November.
While employment in private building construction
declined 7.1 percent between the middle of October and
the middle of November, a marked increase in employment occurred during the same period in construction
projects financed through Public Works Administration funds. This rising trend in public works projects
has continued into December. During the third week
in December the Civil Works Administration announced that the goal of putting 4,000,000 people to
work had been reached. The direct employment
provided by the Civil Works Administration is not
reflected in the indexes of employment and pay rolls.
Of the 16 nonmanufacturing industries surveyed by
the Bureau of Labor Statistics, 8 reported increased
employment in November as compared with October,
while only 5 reported an increase in pay rolls during
the month. Greater seasonal demands and more
settled labor conditions resulted in employment gains
of 10 percent and 7.3 percent, respectively, in bituminous coal and anthracite mining. Pay rolls rose
sharply in the former industry, but dropped markedly
in the anthracite fields. Employment in retail trade
continued to rise in November and the number
employed was less than 9 percent below the 1929
average. A marked seasonal decrease of 45 percent in
employment and 42 percent in pay rolls was reported
for the canning and preserving industry.
Among 89 manufacturing industries, 30 reported
increased employment in November over October and
24 showed higher pay rolls. After allowing for the
usual seasonal change, 4 of the major manufacturing
groups—machinery, chemicals, rubber products, and
tobacco—showed increased employment for the
monthly interval. Pay-roll declines occurred in all
of the 14 groups. The termination of a strike resulted
in a 22 percent employment rise in the textile dyeing
and finishing industry, while seasonal activity resulted
in a 1G percent employment gain in the beet-sugar
industry.
STATISTICS OF EMPLOYMENT, PAY ROLLS, AND WAGES
Factory employment
and pay rolls, F.R.B.
Employment
Year and month
Fay
rolls
Nonmanufacturing employment and pay rolls
Anthracite
niiiiln g
„.
EmUnad- ployUnadjusted justedi justed ment
Pay
rolls
Bituminous
coal mining
Power, light,
Telephone
and water
and telegraph
Employment
EmpSoyment
Monthly average,
1923-25=100
1930: November
1931: November
1932:
November
December,. _
1933:
January
February
March .
April
May_
June
July . .
August
_. _
September
October
November
Monthly average,
January through
November:
1931
1932
1933
Pay
rolls
Em-
Pay
rolls
ployment
Pay
roils
Wages
Retail trade
Employment
Pay
rolls
Monthly average, 1929=100
Tradeunion
Factory 3
members employed Aver- Average
age
weekly hourly
earn- earnings
ings
Percent
of total
Dollars
members
Common
labor
Cents
per
hour
81.0
68.7
81.1
69.3
75.1
56.2
97.2
83.5
98.0
79.5
92.5
81.1
79.1
54.6
103.4
91.3
103.7
93.3
93.0
83.5
97.9
89.7
98.4
90.9
96.8
85.4
78
73
23.92
20. 29
0.582
.542
38
34
60.9
59.6
61.2
60.6
41.8
40.9
62.7
62.3
51.0
56.2
69.4
70.0
38.0
37.7
79.1
78.4
73.2
73.2
75.5
74.8
74.3
73.5
81.7
95.2
66.9
73.6
68
66
16.84
16.37
.468
.467
32
32
58.1
59.2
56.7
57.8
60.0
64.1
68.9
73.4
76.6
75.8
72.6
59.4
59.4
56. 6
57.7
60.6
64.8
70.1
73.3
74.3
73.9
72.4
39.2
40.0
36.9
38.6
42.0
46.2
49.9
55.7
57.6
57.4
53.6
52.5
58.7
54.6
51.6
43.2
39.5
43.8
47.7
56.8
56.9
61.0
43.2
56.8
48.8
37.4
30.0
34.3
38.2
46.6
60.7
61.6
47.8
69.8
69.3
67.6
63.7
61.2
61.3
63.2
68.6
71.8
68.0
74.8
36.1
37.2
30.7
26.6
26.9
29.2
33.6
43.3
44.1
44.1
50.7
77.7
77.4
76.9
76.9
76.9
77.3
77.5
78.1
80.3
82.2
82.6
73.0
71.6
71.9
69.4
69.9
69.9
70.0
70.9
71.8
76.2
74.5
74.6
73.9
73.2
72.3
70.1
69.2
68.5
68.1
68.3
68.7
68.9
71.7
71.9
71.6
67.8
68.5
66.6
66.7
66.1
64.6
67.0
67.7
76.9
73.4
71.4
78.6
77.0
78.3
74.6
78.1
86.0
89.6
91.6
62.7
58.4
55.1
60.4
59.5
60.5
58.1
62.7
69.2
72.3
72.6
65
66
66
67
67
69
69
69
71
73
73
16.21
16.13
14.56
15 39
16.71
18.49
19.15
19.25
19.46
19.46
18.51
.468
.464
.460
.460
.453
.452
.455
.497
.531
.540
.545
32
32
32
33
33
33
84
35
37
37
38
66.9
45.7
47.0
80.6
62.5
51.5
75.1
53.5
45.9
83.4
67.2
67.2
58.0
35.4
36.6
96.1
83.4
78.5
97.2
80.4
86.9
79.5
70.5
93.8
81.8
68.3
87.9
79.6
80.0
85.9
69.1
62.9
74
68
69
22.77
17.16
17.57
.567
.500
.484
36
32
34
75.0
62 2
65.7
1
Adjusted for seasonal variation.
"•'
2
National Industrial Conference Board.
8
SURVEY OF CURRENT BUSINESS
January 1934
Finance
feaSECURITY amarkets during November wereStock
tured by moderate degree of activity.
prices moved irregularly upward during the greater
part of the month while bond quotations exhibited a
general downward tendency. The stock market
showed considerable strength during the first week of
December with substantial increases in prices. Toward the middle of the latter month the volume of
trading fell gradually to lower levels while prices
moved within a narrow range more or less in accordance with the usual year-end trend. The recovery in
bond prices, which started before the end of November,
by the middle of December had canceled a large part
of the October-November decline.
New capital issues during the period under review
were largely limited to United States Government
issues. On December 7, announcement was made of
the offering of approximately 950 million dollars of
1-year Treasury certificates of indebtedness bearing
2% percent interest. This offering had been preceded during November by five issues of 91-day
Treasury bills aggregating 370 million dollars at rates
varying from 0.22 percent to 0.43 percent.
Money rates remained at low levels during the whole
period but there were distinct tendencies toward firmness, influenced in part presumably by seasonal demands for currency and shifts of funds from New York
to other parts of the country. By the middle of
November commercial paper rates tended to firm and
the investment demand coming from the banks for
this class of paper was less and less in evidence as the
month progressed. Increases were also registered in
acceptance rates for maturities of 60-90 days.
Member-bank credit outstanding showed comparatively unimportant changes during November and
the first half of December. Reported loans on securities declined but the reduction was not uniform
throughout the country owing to an increase in such
loans by New York banks early in November. Other
loans have decreased since the end of October. The
increase since March in these so-called "other loans' 7
has reflected principally a growth in acceptance holdings by the reporting banks.
The expansion of Federal Reserve bank credit proceeded at a comparatively slow pace during November
but during the early weeks of December a marked
increase in bill purchases brought the weekly expansion more in line with that of the third quarter of the
year. Member bank rediscounts remained virtually
unchanged during the period while other reserve-credit
operations held member bank excess reserves above
$800,000,000.
The gold value of the dollar declined rather steadily
during the first half of November. When measured in
terms of the French franc, it moved below 60 cents in the
middle of the month, but advanced to about 64 cents by
the first of December. Its value remained comparatively stable during the first 3 weeks of December.
New life insurance written during November increased, and the total was higher than in the same
month of 1932, after having dropped below the level
of a year ago in the 2 preceding months.
CREDIT AND BANKING STATISTICS
Year and month
Bank
debits
outside
New
York
City
Net
Total
gold
imbankDePostal
er's ac- ports
Reserve bank credit outstanding
ceptinMoney posits, Savings,
New
balMemin
ances cluding
York
ance to
ber
circu- State
outgold
1
credit
bank
lation savings of deBills United Total
standrei Bills bought States deposits reserve
leased
in gj
disbanks positors
acend of from
Total count- in the Government
earcount month
open securied
market ties
mark 2
Condition of Federal Reserve banks, end of
month
Reporting m e m b e r
banks, Wednesday
closest to end of
month i
Loans
on
securities
AH
other
loans
Investments
Thousands
of dollars
Millions of dollars
1930: November .
1931: November
1932:
November
December
.
1933:
January
.
February
March
April
May. .
June
JulyAugust
_ ..
September
October
November
1,931
19 685
14,605
j
275
718
175
452
509
77J
2. 4<?2
2, 252
2, 373
2, 051
1,571
1,002
33. 0
117. 7
4, 528
5,518
4, 666
5, 213
200, 668
504, 809
1,079
!,.,<,
10, 935
12,820 i
3,764
3,789
5,218
5,082 |
7,988
7,910
2, 202
2,145
309
235
35
33
1, 851
1,855
2,484
2,561
2,411
2,509
720
710
70.3
171.9
5,643
5,699
5, 265
5,314
884, 297
900, 796
12, 053
10, 401
9, 608
10, 612
11, 509
12,969 |
13, 878
12, 375
12,215
13. 027
11,927 i
3, 751
3, 727
3,644
3, 698
3,713
3,748
3, 772
3, 766
3,687
3, 604
3, 569
5,031
4, 554
4,688
4,706
4,772
4,704
4,774 !
4, 767
4,853 i
4, 989
4,999
7,974
7,619
7,669
7,884
7,941
8,213
8,01.1
8,074
7,989
8, 156
8,104
2,077
2,794 i
2,572
2,459
2, 218
2,220
2,209
2,297
2,421 i
2, 549 !
2, 581
274
582
426
435
302
164
167
153
128
116
119
31
336
305
171
20
48
9
1,763
1,866
1, 838
1,837
1,890
1,998
2, 028
2,129
2,277
2, 421
2,432
2, 554
2, 236
2, 133
2, 380
2, 394
2,494
2,544
2,675
2,748
2, 885
2,796
2,446
2,141
1,949
2,132
2,167
2,292
2,294
2,409
2,438 !
2, 685
2,573
707
704
671
697
669
687
738
694
715
737
758
37.0
-169.4
113 3
23.7
1.0
.3
.6
5, 631
5,892
6,998
6, 137
5,876
5, 742
5,675
5,616
5,632
5, 656
5,681
5,317
5,269
5,220
5,164
5,113
5, 130
5, 085
5, 059
5,079
5, 049
5, 029
942, 519
1, 006, 185
1,112,715
1,158,416
1, 178, 788
1, 185, 105
1, 176, 669
1, 177, 667
1,180,573
1.189.581
1,199,281
i 90 cities.
See p. 18.
7
7
24
2
Net exports indicated by (—).
Q
-7.4
— 5. 5
SURVEY OF CURRENT BUSINESS
January 1934
Foreign Trade
trade
November,
FOREIGNseasonaldeclined inowing to the after allowance for
factors,
sharp drop
in imports. Exports valued at $184,000,000 were
about 5 percent less than in October, a change which
approximated the usual seasonal drop. Imports
valued at $128,000,000 were 15 percent lower, compared with the normal downward movement of about
2 percent. Compared with November 1932, the dollar
values of exports and of imports were 33 and 23 percent
higher, respectively. The net balance of merchandise exports for the month was the largest since January 1931.
The November adjusted index of exports was 1 point
below the high of the year reached in July. Imports,
on the same basis, have dropped 20 percent since the
summer high. From the low point of last March, the
seasonally adjusted index of export values has risen 50
percent. The November import index in comparison
with its April low showed a somewhat larger net gain.
Five of the eleven major classifications of exports continued to increase in value. Of these, edible animal
product exports have advanced consistently from a
value of $4,706,000 in April to $7,402,000 in November. Inedible animal products were valued at $3,733,000 compared with a low of $2,286,000 in June. Vegetable food products and beverages exported were
valued at $16,652,000 as compared with $6,604,000 in
April. Wood and paper products had an export value
of $3,545,000 in February and $6,731,000 in November.
Machinery and vehicles increased to $24,480,000 from
$15,896,000 in February. The value of electrical ma-
chinery and apparatus and industrial machinery was
nearly twice as large as the lows of the year.
Commodities contributing to the decline from October to November in the values of the other six major
classifications with their respective decreases, were the
following: Unmanufactured tobacco, $4,900,000; unmanufactured cotton, $5,500,000; crude petroleum,
$800,000; refined mineral oils, $600,000; iron and steelmill products, $700,000; and nonferrous metals,
$1,200,000. Among leading commodities in the groups
which showed increases, relatively large declines were
reported in automobiles, including parts, and in canned
fruits. The drop in the former amounted to V/4 million dollars and in the latter to 1% million dollars.
Onh^ 2 of the 11 major classifications of imports increased in value during November. Edible animals
and animal products (mainly meats and cheese) increased about $400,000 in value while imports of clocks,
watches, and parts, included in the miscellaneous
group of imports, showed a gain of about $225,000.
Among the commodities, imports of wines, liquors, and
other beverages, glass containers, and wood pulp registered the most notable gains over October.
The outstanding declines during November were in
those imports which had shown marked increases several months ago, particularly such items as hides and
skins, raw silk, unmanufactured wool, burlaps, and tin.
Other notable decreases appeared in imports of furs,
fruits and preparations, coffee, tea, sugar, flaxseed,
pulpwood, and precious and imitation precious stones.
EXPORTS AND IMPORTS
Indexes
Year and month
Exports of United States merchandise
Total Total
eximports, ports,
adadjustedi just t-di
Exports,
including
reexports
Crude materials
Total
Total
Raw
cotton
SemiFruits manand
ufacprep- tures
arations
Monthly average, 1923-25 =100
1930: November
1931: November
1932:
November
December
1933:
January _ _ . -_. .
February
March
April
May
June
July
August
September
October
November
Cumulative, January
through November:
1931
1932
1933
Finished manufactures
Foodstuffs
Total
General imports
Total
AutomoMa- biles,
chin- parts,
and
ery
accessories
Total
FinCrude Food- Semi- ished
ma- stuffs man- manufac- ufacterials
tures tures
Millions of dollars
66
44
63
46
289. 0
193. 5
285.4
190. 3
90.9
68.1
59.3
43. 6
45.6
34.5
17.6
11.6
33. 1
20.8
115.8
67. 0
33.0
15. 6
14.2
5. 6
203. 6
149. 5
59.2
47.8
48.3
33.0
38.3
27.4
57.7
41.2
32
33
32
30
138.8
131.6
136. 4
129.0
55.3
52.2
38.5
39.0
19.9
16.0
7.9
4.8
14.6
15.7
46.6
45.0
10.2
9.7
4.4
5.1
104.5
97.1
27.8
28.7
32.0
28.2
16.6
16.7
28.1
23.4
31
29
28
29
32
36
43
38
40
42
42
29
26
26
25
32
40
48
50
48
46
40
120.6
101.5
108.0
105.2
114. 2
119.8
144.2
131. 5
160.1
193.9
184.3
118.6
99.4
106.3
103.1
111.9
117.5
141.7
129.3
157.5
191.7
181.3
42.3
31.8
29.4
28.6
35.0
40.3
51.5
42.0
63.6
82.5
71.3
29.7
20.6
18.1
16.9
26.1
29.3
36.8
28.2
45.3
54.3
48.8
16.2
12.8
13.4
11.3
13.0
13.4
15.4
16.9
18.7
23.5
24.1
4.6
3.8
3.9
2.9
3.8
2.9
4.3
5.6
6.8
11.0
9.7
15.8
13.2
16.5
15.3
17.6
18.2
21.4
20.5
21.3
24. 6
24.2
44.3
41.5
47.0
47.9
46.2
45.7
53.4
50.0
53.9
61. 1
61.8
9.2
8.5
9.4
8.8
9.1
9.3
10.1
10.9
11.7
13.5
16.0
6.5
6.3
6.9
7.4
7.4
7.0
7.5
8.1
8.3
8.6
7.3
96.0
83.8
94.9
88.4
106.9
122.3
143.0
155.0
146.7
150.9
128.5
27.2
21.1
23.6
21.1
24.9
34.3
46.4
50.7
48.3
46.9
37.3
30.7
30.0
33.6
32.8
40.0
36.9
38. S
35.4
31.2
34.8
30.6
16.2
13.6
14.8
13.5
18.3
27.8
31.0
35.2
33.5
33.2
27.8
21 9
19.1
22.9
20.9
23.6
23.3
26.8
33.7
33.6
36.0
32.8
55 2, 240. 2 2, 197. 2
34 1, 479. 4 1, 447. 2
2 3 7 1,483.3 1,458.3
498.4
461.4
518. 3
278.3
306.2
354.1
346. 8
225.6
178.7
101. f>
71.8
59.3
297.0
181.0
208. 6
299. 2
122.0
116.5
140.1
71.1
81.3
1, 936. 9
1,225.7
1,316.4
592. 4
329.6
381.8
490. 6
378.7
374.8
346. 7
200.2
264.9
507. 3
317.2
294.6
2
54
2
36
2
36
http://fraser.stlouisfed.org/
28952—34Federal Reserve Bank of St. Louis
2
2
Adjusted for seasonal variation.
1, 055. 0
579.2
552. 8
2
Monthly average.
10
SURVEY OF CURRENT BUSINESS
January 1934
Real Estate and Construction
expansion took
CONTINUED contraseasonalduring Novemberplace
in the construction industry
and
000,000, wilich compares with undertakings valued at
$1,351,000,000 in 1932.
the first half of December. Although the accelerated
The value of residential building contracted for in
rate of activity of the Federal program of public November was as large as the total reported last July,
works has been primarily responsible for the recent and was higher than in the three preceding months.
gains, some slight betterment has occurred in contract- Although these contracts were 23 percent greater in
ing for various other types of building. The value of value than a year ago, they totaled only slightly more
contracts awarded in the first half of December, aggre- than half as much as in November 1931. In the same
gating $123,000,000, was half again as much as the total month 2 years ago, residential contracts comprised
reported for the entire month of December 1932. almost one third the value of all awards, whereas this
Contracts for residential construction continued to November such buildings accounted for only one
improve in December, a month in which such under- seventh the combined value of contracts. The Southtakings usually decline. The value of residential east and New York City territories reported the largest
awards in this half-monthly period amounted to residential contract totals, amounting to approximately
$13,600,000, or slightly more than the total for the $5,000,000 in each district.
Public works contracts let in November were valued
month of December last year. Nonresidential contracts were valued at $25,400,000 while public works at nine times as much as last July, when Federal funds
appropriated in recent legislation were beginning to be
and utility lettings reaching a total of $83,800,000.
Keflecting the recent gains in activity, the Federal allotted to States for such projects. Public works conKeserve Board's adjusted index of contracts awarded tracts accounted for 64 percent of the total last month
as compared with 48 percent in the same month of 1932
for November increased 38 percent, and reached the
and 26 percent in November 1931. More than one
highest point since October 1931. The value of all third the November total represented contracts
contracts let during the first 11 months of the year, awarded in the Southeast territory. Highways under
however, remained 17 percent below the corresponding construction from National Recovery Act funds inaverage for 1932. Estimates of the F. W. Dodge volved a mileage of 8,813 to be completed at a cost of
Corporation indicate total 1933 contracts awarded in $134,491,000. About 20 percent of the work was
the 37 States east of the Eockies will exceed $1,200,- completed as of November 30.
BUILDING MATERIALS, CONSTRUCTION, AND REAL ESTATE
Building material
shipments
Construction contracts awarded
Year and month
F.R.B.
index
adjusted i
All types of
construction
Residential
building
Public
utilities
Explosives,
new
Pub- orders Maple Oak
lic
floor- floorworks
ing
ing
Highways under construction
Construction
NaFederal tional costs,
Eng.
Aid Indus- NewsCetrial
ment HighRecways
Recovery ord 2
Act
Longterm
real
estate
bonds
issued
Act
Monthly Num- MilMilMilaverage, ber of lions of lions of lions of
1923-25=
proj- dollars square dollars
100
ects
feet
1930: November
1931: November
1932:
November
_
.. _ .
December
1933:
January.. .
.__
._
February
March
April
.
. . . .
May.
__
June
July..
,... ....
August
September
October
._„
November
Monthly average, January through
November:
1931
1932
1933
1
Millions of
dollars
Thousands of
pounds
Thousands of Thousands of
feet, board
barrels
measure
Thousands of
dollars
Monthly av- Thouerage, sands of
1913= dollars
100
76
49
9,127
7,014
254
151
18.8
11.0
80.8
45.3
27.9
9.2
48.8
38.8
32, 429
23, 947
2,554
2,481
15, 844
13, 907
8,784
7,156
264, 935
257, 529 _ . _ / _ "
198. 5
169.3
9,965
2,619
27
28
5,266
4,205
105
81
5.5
3.4
19.2
13.0
4.1
6.5
50.1
36.9
20, 336
18, 985
1,902
1,590
5,918
4,327
4,782
2,835
250, 724
250, 978
158.2
158.5
220
200
22
19
14
14
1C
18
21
24
30
37
51
3,800
3,884
6,303
7,254
9,409
9,186
8, 229
8,186
7, 596
7,476
6,332
83
53
60
57
103
83
106
120
145
163
3.2
3.1
4.8
5.8
8.4
8.3
7.4
6.4
6.3
6.9
6.4
12.0
11.8
16.0
19.1
26.5
27.8
23.6
21.9
21.5
21.5
23.6
8.0
4.7
2.5
2.4
5.6
5.0
4.1
19.4
3.4
7.0
6.9
34.7
12.5
15.1
11.2
13.4
19.4
14.8
32.0
57.3
85.7
194.1
17,971
16,510
16, 179
16, 197
16, 497
20, 327
23, 834
25, 086
25, 107
25, 084
23,256
1, 496
1,318
1,246
2,097
2,715
4,384
4,326
3,386
2.622
3,236
2,300
4,433
6,074
7,573
9,479
14, 549
17, 723
13, 676
12, 793
9,563
8, 624
10,017
2,502
2,278
3,510
4,949
6.7C9
7,979
8,697
5,994
6, 517
6,750
4,463
252, 372
158.4
260, 185
159.3
158.4
265, 678
160.2
269, 489
164.4
260, 736
242, 107
163.4
222. 452
165. 5
| 167. 0
191, 04C
158, 443 34, 962
175. 5
187.7
121, 709 92,215
190.1
90,368 134,491
0
900
0
0
0
0
65
28
24
9,477
6, 539
7,060
269
115
95
16.5
6.4
6.1
70.5
24.3
20.5
25.9
6.3
6.3
76.0
43. 4
36.4
27,811
18,957
20,550
3,069
2, 231
2,648
22, 191
10,889
10,409
11,120
7,068
5,486
Based on 3-month moving average and adjusted for seasonal variation.
._
311,743
227, 853
212, 234
2 First of month. Dec. 1 index 192.1.
182.7
156.8
168.2
0
0
0
0
10, 154
315
82
11
SURVEY OF CURRENT BUSINESS
January 1934
Transportation
R
AILROAD freight traffic declined in November
and the first three weeks of December by less
than the usual seasonal amount, and November was
the first month since last July in which the adjusted
index moved higher. Loadings also showed a somewhat larger increase over the same month of 1932 than
in October as the decline last year in November was
in accord with the usual seasonal trend. The contraseasonal rise in loadings in the week of December 16
was mainly the result of an increase in coal traffic.
The adjusted indexes of six of the eight major classes
of freight advanced in November. Loadings of coke
were unchanged and the only decline was in ore loadings which were exceptionally high in the three preceding months. Loadings of l.c.l. freight continued
below the corresponding total in 1932, and coal loadings were the same on a daily average basis as last
year.
Revenues of the carriers declined in November in
accordance with the trend of traffic, but continued
above the level of a year ago. The first 69 class I carriers to report showed a decline of 12 percent in gross
operating revenues below the October figures and a
drop of 32 percent in net operating income. These
figures were 2.5 percent and 16 percent, respectively,
above the corresponding month of 1932. In October,
despite the termination of the emergency rate surcharges on September 30, gross revenues increased
slightly as freight revenue expanded with the increased
volume of traffic handled in the longer month. The
seasonal loss of passenger revenue, together with an
increase in operating expenditures, resulted in a reduction of about 6 percent in net operating income which
was the lowest since May.
Measured on a ton-mile basis, the increase in freight
traffic in October over the same month of 1932 was 0.1
percent, compared with 15 percent in the preceding
month. This relative decline was largely the result of
the drop in the eastern district in which a gain over a
year ago of 21 percent in September was succeeded by
a decrease of 2.5 percent in October. The western
district reported an increase of 4.6 percent, compared
with 9.8 in the preceding month.
Operations in the manufacturing branch of the railroad industry continued at a low ebb, with only minor
changes in October. Pay-roll disbursements were
fractionally higher but were only about one eighth of
the 1926 average. Activity in the railroad repair
shops was curtailed, and both the number of employees
and the pay-roll disbursements were lower. New
orders for freight cars were the largest in over a year,
one placement by an eastern road of 500 cars for its
own shops accounting for three fourths of the total.
Traffic on the major inland waterways declined
seasonally in November, although the tonnage handled
continued in excess of last year.
•d
F.R.Bc index
CA
•^S
•d
o
«
Year and month
1
03
3
t
P
<
I
1
$
•d^g
•e
2
P.
-g
o
S"S
«3
1
fi
j2
53
|
o
b
a 1
Monthly average, 1923-25 =
100
•d
fi
1
C5
cu
1
s s
O
1
Pullman
o
cc
Freight-car surplus
Freight-car loadings
passengers
carried
RAIL AND WATER TRAFFIC
Thousands
Thousands of cars 4
Financial
statistics
Canal traffic
I h*
.£
*K%
Cj2
£u
«8
a
^
-E
•d ta
ft
1 -3 5»n
&«?§ 2 s 2
°g|
*» 0 ee
g«fa
si!
ft
Thousands of
dollars
M
si
s,
I
C8
GO
o
ts
jfl
M
1
rt
&N
fc
C
&
a-
Thousands of
short tons
cS
Thous.
of long
tons
1930: November
1931: November
86
70
84
68
797.8
654.8
158.7
121.4
8.0
5.3
34.0
21.8
36.5
36.2
26.9
25.9
223.0
201.5
14.3
6.3
296.4
236.4
530
659
2, 031^ 62, 238
1,526 36, 788
38, 500
32, 000
5,130
3,049
390
510
1,009
676
November
December..
58
52
57 547.5
58 | 497.4
122.8
125.2
4.8
5.6
16.0
13.2
27.8
26.5
19.0
16.6
165.8
155.4
3.0
1.8
188.2
153.1
622
647
1,078
1,248
34, 179
32, 857
7,100
8,400
2,877
215
588
0
682
587
51
51
48
51
56
60
66
65
68
66
61
56
54
50
53
56
60
65
61
60
58
60
477.6
489.5
460.3
500.9
532.0
566. 3
621.8
625.7
640. 9
651. 4
591.5
107.1
123.1
91.4
79.5
79.6
90.5
112.1
123.5
125.0
125.0
125. 5
5.2
6.2
4.5
3.4
3.8
4.9
6.6
6.7
7.0
6.7
6.4
13.7
13.7
14.6
17.2
20.8
25.1
26.8
27.2
24.7
24.4
23.4
26.6
25.3
26.0
35.5
37.0
36.7
44.9
29.6
31.2
29.8
30.9
17.2
15.4
13.0
16.5
16.6
15.5
15.0
16.6
20.3
23.2
20.5
153.4
154.6
156.1
160. 5
165.3
163. 6
166.4
170.0
168.4
172.6
166. 7
1.8
1.8
2.0
3.2
7.7
11.1
22.1
34. 2
36.8
27.8
7.4
152.6
149.4
152.7
185. 2
201.2
219.0
227.8
217.9
227.6
242. 0
210.7
692
650
681
619
553
454
393
398
380
385
441
1,158
952
872
974
951
,201
,224
,351
,392
,256
,054
13, 266
9,855
10, 548
19, 041
40, 693
59, 483
64, 307
60, 978
60, 936
57, 265
37,566
10, 500
8,000
11, 300
11, 500
1,425
2,950
16, 500
4,900
6, 800
18, 200
2,000
0
0
0
696
3,490
3,582
6,050
7,690
8,452
7,154
3,022
0
0
0
183
542
479
473
623
517
593
664
560
629
724
664
783
779
823
1,002
961
1,082
731.4
546.7
561.6
125.9
100.3
107.4
6.3
4.2
5.6
29.5
17.7
21.2
40.2
32.4
32.4
22,5
18.4
17.3
214.0
176.5
163. 5
18.2
4.3
H.6
274.9
193.0
199.7
603
696
513
,937
,318
,126
46, 393
26, 735
39,449
37, 491 * 5, 540
h
2, 533
19,555
8,552 *5,017
*466
M55
* 509
*892
«651
0800
1932:
1933:
January
. ._. __
February
March
April
_
May
June
Julv
August
September
October,
__ .
November
Monthly average, January
through November:
1931
76
57
1932
1933
1
Daily average basis.
58
2
For seasonal variation.
3
American vessels, both directions.
4
Average weekly basis.
»10 months' average.
h
Average April-November
12
SURVEY OF CURRENT BUSINESS
January 1934
A u t o m o b i l e s and R u b b e r
ROLONGED
model output
Pbrought furtherpreparations for 1934 the number of
sharp curtailment in
automobiles produced during November and early
December. As a result of the delay in launching assembly operations production in the first three weeks of
December fell substantially below output in the corresponding period a year ago, when new models were
coming off the assembly lines in volume. Gradual
progress, however, was revealed from successive weekly
figures, with output of about 18,000 cars in the week of
December 23, comparing with 12,900 in the week
ended December 9. December production is expected to
exceed the November total, although it will fall well
below the December 1932 output. The decline in retail
sales of new cars is expected to continue until most of
the new models are available. Year-end dealer stocks
are reported at the lowest levels in several years.
The 30 percent decline in the Federal Reserve Board's
adjusted index of production for November was in contrast to the gain of nearly 100 percent which occurred
in the same month last year. Half again as many units,
however, were produced in the first 11 months of 1933
as in the same period of 1932. In the same period of
1931, production was 18 percent larger. Although the
number of employees in the automobile industry was
reduced as a result of the recession in activity during
November, the decline was only slightly greater than
the usual seasonal movement. The number employed
in November was 24 percent higher than a year ago
and pay rolls were more than one third greater.
The 64,000 cars produced in November were less
than one half the October figure and constituted the
lowest output since last November. The decline was
particularly severe in passenger cars, which aggregated
only about one fifth the number produced in the peak
month of June. Production of trucks dropped one
third to the lowest point since last March. More
taxicabs were produced in November than in the first
10 months of the year. The month's output was the
highest total since November 1929.
Estimates of the value of retail sales of new passenger cars during November indicate an increase of
74 percent over a year ago. This was the first time in
5 years that sales in November were higher than in
November of the preceding year. The decrease from
October, amounting to 30 percent, was slightly more
than seasonal.
Although pneumatic tires manufactured in November declined about 11 percent, according to preliminary
data, tire stocks showed an increase of about 9 percent over the previous month and of 24 percent as
compared with November 1932. Both imports and
domestic consumption of crude rubber decreased 9
percent, while world stocks of crude rubber mounted
to a record high total. The price of crude rubber
closed the year around 9 cents a pound, which coinpares with a low of 2.82 cents last Februa^, and the
high of 10.17 cents reached in July.
AUTOMOBILE AND RUBBER STATISTICS
Automobile
exports
Automobile production
United States
Year and month
F.B.B.
index, Total
adjusted i
Monthly average,
1923-25
= 100
1930: November
1931: November
1932:
November
December
1933:
January
February. .
March
April
May
June
July
August-..
September
October
November
Monthly average, January through November:
1931
1932
1933
._..
Passenger
i cars
Canada
Taxi- Trucks
cabs
Thousands
1
Total
Passen- Trucks
ger cars
New
passenger
car
registrations
Automobile
financing
By
Retail
whole- pursale
chasdealers
ers
Millions of
dollars
Number
Pneumatic
tires
Production
Crude rubber
DoDomestic
mestic conImship- sump- ports
ments tion,
total
World
stocks,
end of
month
Long tons
Thousands
74
36
137
69
101
48
609
999
35, 613
19, f>83
5,407
1,247
6, 039
1, 928
5, 638
1,184
93, 066
75, 829
30
16
60
49
2,123
2,001
2,119
2,223
21,601
21, 108
29, 733
45, 103
464, 730
606, 197
31
60
60
107
47
86
239
291
12, 025
21, 204
2, 204
2,139
1, 762
2,757
1,353
2,221
44, 358
45, 683
12
20
28
27
, 843
,586
1, 306
1,405
20, 157
15, 631
29, 620
32, 016
611,301
621, 078
48
33
27
44
51
66
70
Gl
56
46
108
91
99
153
185
211
195
195
161
108
43
5
152
660
411
C
4
35
4
68
9
63
1,611
21,718
15, 333
18, 064
27, 317
33, 605
41,839
38, 065
41, 343
35, 182
30,412
19,475
3, 358
3, 298
6, 632
8, 255
9, 396
7 393
6,540
6,079
5, 808
7, 059
5, 521
5,528
5, 662
5, 093
4, 757
5, 546
6, 516
6, 330
32
130
107
118
181
218
253
233
236
196
138
61
?;£15
0«
3,084
3,136
2,528
2, 656
2. 445
2, 478
3, 582
3, 792
4,614
o. f)f.7
3, 1)6
79, 821
69, 464
78,741
119,909
160, 242
174, 190
185,660
178,661
157,676
136.326
94, 180
30
28
28
41
55
57
58
70
51
39
18
31
29
34
45
58
66
65
71
63
58
44
,806
,871
,630
2,499
4,151
4,880
4, 571
3,995
3, 199
2, 743
2,011
1,764
1,616
2,874
4,077
4,320
4,324
3,674
2,714
1, 943
19, 928 30, 663
18, 825 22, 969
15, 701 28, 475
22, 817 21, 034
38, 785 26, 736
44, 654 23, 504
43, 660 45, 243
39, 097 45, 413
31,047 46, 255
27, 758 46, 034
25,371 41,821
614,851
618, 299
622, 142
617, 490
620, 586
632, 565
619, 752
603, 711
619,019
624,516
634, 000
57
33
49
206
115
170
170
95
141
445
75
279
35, 728
19,453
29, 305
7, 290
5, 33 'i
5, 697
6, 973
3,517
5, 586
4,083
2, 068
3, 369
166,417
05 590
130,470
48
28
43
82
47
51
3, 353
2,771
3,312
2,727
27, 337
24, 767
29,786
542,947
610,346
620,630
1 Adjusted for seasonal variations.
40, 725
34, 778
34,377
13
SUEVEY OF CURRENT BUSINESS
January 1934
Chemical Industries
trends
chemical industries
RECENTcontinuingin atmostdownwardhigh level. have
followed a slightly
tendency with
operations
a relatively
The
1934 price schedules have been issued in most branches
of the industry and negotiations for contracts for the
coming year are under way. The recent improvement
in the automobile and iron and steel industries, which
are large users of chemicals, has tended to offset the
declining demand from the textile industries.
For the drug and chemical industry, wholesale
prices rose 1 percent from October to November
in contrast to the slight decline in wholesale prices
of all commodities. Drug and pharmaceutical prices
increased 2.8 percent during the month, and in
NTovember were 6.2 percent above the level of a year
ago. Further advances of moderate proportions have
taken place since November.
Further increases in employment resulted in the
eighth consecutive monthly rise in the adjusted
employment index. In November, the employment
index was higher than in any month since October
1930, and was above the 1923-25 average level.
Pay rolls fell off slightly during the month, registering
the first decline since last March. Among the
various chemical groups the druggists' preparations,
petroleum refining, and rayon industries reported both
pay-roll and employment increases for the month.
After a continued rise since July, the consumption
of fertilizer declined 35 percent from October to
November, a month usually marked by a large
seasonal decline. Total imports of fertilizer decreased
by 4.3 percent during the same interval but in November were still higher than in the same month of any
of the 3 preceding years. Nitrate of soda imports
in November were less than half of the October
figure. For the 11 months ended November they
were nearly double the 1932 figure, but were not
one fifth of the 1931 total.
Demand for denatured alcohol has remained at
a high level and grain alcohol production has tended
to lag behind the demand. Production of ethyl
alcohol for industrial uses has also been maintained
at a high level. As a result of mild weather the
stocks of denatured alcohol have shown large increases and production has not risen as is* usual at
this time of the year.
In the heavy chemicals group the drop in automobile production was an important factor in the
declining production schedules of November. Since
the middle of November, increased iron and steel
operations have stimulated moderate activity, and
increased automobile production in recent weeks has
had the same effect. Quarterly contracts are in
favor in the trade this year in preference to semiannual and annual contracts.
Shipments of turpentine, among the naval stores
group, have been gradually decreased as the end of
the season approaches.
CHEMICAL STATISTICS
General operations
Year and month
Employment
Electrical
energy
conUiiad- Adsump- justed Justed*
tion
Fertilizer
Alcohol
Stocks
Pay
rolls
unad- Manu- Raw
facjusted tured mategoods rials
ByTurprod- Explo- Rosin, penSynReuct
wood tine,
fined
Ethyl meth- thetic coke, sives,
wrood
meth- pronew
orders
anol anol
duction
Production
Production
ThOUS.
Monthly average, 1923-25=100
1930: November
1931: November .. .
1932:
November
December. _
1933:
January
February
March
April
May
June
July
August
September
October
November
Monthly average, January
through November:
1931 ..
1932
1933
Thousands of gallons
rnu^.,,.
of short
tons
nfiif'
onn
-
Barrels
Con
" Total Nitrate
of soda
--P-i-ports imports
1
Thous.
i of short
tons
Long tons
145. 0
145. 0
98. 0
83.5
98.3
83.1
96. 1
76.4
124
129
128
134
20, 861
14, 084
431
1, 087
364
3,114
2, 2(39
32, 429 38,931
23, 947 ' 21,440
6, 584
3, 547
72
70
95, 798
77, 849
35, 474
29, 871 .
130.1
124.3
75.5
75.4
75.2
75. 2
60.9
59.8
121
121
122
117
7,391
5,278
141
174
532
644
1,749
1,785
20, 336
18, 985
31, 308
29, 220
5,454
5,070
60
85
85, 206
47, 956
4,887
48
126.0
130.0
115.6
121.0
127.1
135.7
152.0
152. 5
159.6
160.0
163.0
76.2
77.3
78.2
82.4
78.9
79.4
84.0
89.9
96.2
99.4
100.3
76.4
76.4
75.6
77.6
80.3
82.3
87.5
92.4
95.9
99.1
99.8
60.7
60.8
60.4
60.8
61.9
64.6
67.9
72.2
74.3
78.7
78.2
122
120
123
119
112
107
109
112
120
117
116
112
104
99
93
90
87
85
89
104
116
121
6,014
9,084
8,229
9,012
9,149
10, 683
11, 684
12, 482
13, 968
16, 509
166
117
124
83
95
98
153
182
106
164
353
325
178
425
366
559
562
860
1,461
1,643
,785
,639
,666
,656
,921
,241
2,797
2,923
2,712
2,582
2,345
17,971
16, 510
16, 179
16, 197
16, 497
20, 327
23, 834
25, 086
25, 107
25, 084
23, 256
31,188
25, 583
26, 597
24, 926
31, 045
35, 163
41, 033
42, 961
43, 213
44, 821
43, 197
4,975
4, 175
4,255
3,831
5,028
5,514
6,516
6,779
6,642
6, 929
6,880
205
295
822
1,118
234
43
18
38
86*
100
65
94, 313
90, 349
97, 507
102, 204
101, 085
105, 083
81, 207
102, 028
107, 076
123,390
118, 139
405
2, 516
106
66
8,431
29, 921
5, 308
3,943
5, 248
29, 652
13,762
139.0
127.0
140.2
89. 6
77.1
85.7
89.6
77.1
85.8
85.3
64.7
67.3
125
125
116
100
104
100
9 12, 338
o 11.615
910,681
« 147
« 121
« 129
o (>32
» 646
"673
2,739
1,762
2,206
27,811
18, 957
20, 550
28, 405
28, 429
34, 521
4, 763
4,626
5, 593
362
230
275
125, 919
81, 199
102,035
48,341
4, 580
9,033
i Adjusted for seasonal variation.
* Southern States.
»10 month's average.
14
SURVEY OF CURRENT BUSINESS
January 1934
Farm and Food Products
the
ACCORDING tocropsestimates ofinthe Department
of Agriculture,
harvested
1933 (including
crops grown for feeding where produced) yielded
$4,077,000,000 on the farm, an increase of 42 percent
over the previous year and a very slight reduction
from the yield of 1931. This improvement was the
result of an increase in dollar prices during the year,
since the production of 10 principal crops covering
about 90 percent of the acreage planted to all field and
truck crops was 18 percent below 1932. The Department announced that the volume of these principal
crops harvested during the current year was lower
than in any of the last 30 years. The amounts
received by farmers in 1933, as compared with 1932,
showed particularly marked increases for corn, cotton,
wheat and tobacco. These four crops were valued at
nearly two thirds more than in the preceding year.
Processing of food products in November increased
following the sharp recession of the preceding month.
The Federal Reserve Board's production index advanced about 8 percent as compared with October,
and was the highest for any November since 1930.
Employment and pay rolls in the industry registered
slight declines in November which were partly seasonal
in character.
Receipts of grains at principal markets during
November in general showed a seasonal contraction
from the previous month. As compared with November 1932, wheat receipts were smaller, while corn and
oat receipts were considerably greater.
Receipts of cattle and calves, and hogs at public
stockyards during November were considerably larger
than a year ago but smaller than the 5-year average.
Federally inspected slaughter of cattle was the largest
for the month since 1927, slaughter of calves the second
largest number on record, and sheep and lamb slaughter
the fourth largest on record for the month. Hog
slaughter was 19 percent larger than November 1932.
Storage holdings of fresh meats increased during
November. Except for stored pork products, which
usually reach a low position at the end of November,
the increases were seasonal in character.
A plan to reduce the commercial holdings of butter
to within 7 million pounds of the 5-year average for
December 1, was announced by the Secretary of Agriculture. The plan involves the purchase, or the commitment to purchase., of a total of 61,071,626 pounds
of butter. The butter is for distribution through the
Federal Surplus Relief Corporation. The cost of the
butter purchase plan was borne by the Agricultural
Adjustment Administration which allocated $11,250,000 for the purpose. The sum was advanced against
the processing tax to be levied upon milk and its
products in 1934.
FOODSTUFFS STATISTICS
Food products
Agricultural
marketings
Wheat
*&
a
F.B.B.
indexes
G_
Year arid month
ii
51 1!
"5-S
OTJ
£"
II
£8
Monthly average, 1923-25 =
100
1930i November
1931: November
1932:
November
December
1933:
January _.
February
March
April
May
_
June
July
August
September
October
November
Monthly average January through November:
1931
1932
1933
f
1
v
&
"3
1
£
s
e,
'£
•?
Monthly aver- Monthly average, 1923-25 =
age,
100
1926 =
100
88
86.2
145
95
153
71.0
a
S
21*
GO +3
±«g
~|!
«»JO
>
Millions of
bushels
83
•o-a
S3
1-1
**!
£bfibfl
£2=
S"
Dollars
per
bushel
1
L
3
Is
*«
8
tt
.
£
o
*§£
^
*I
f
£
MilDollars
per
lions of
bushels bushel
Imports
Meats
as
•*•>
a
"3
1
«
h
W)
53
-M
G
E
u
Thousands
Butter
(2)
Con- Stocks,
sump- cold
tion, storappar- age,
ent end of
month
Consumption,
apparent
Millions of pounds
|
i
Thousands
of long
tons
I
w>
Thousands
of bags
25
26
202
230
0.70
.69
17
12
0.69
.46
1,696
1,866
3,439
3,752
936
1,020
597
523
124
131
344
189
967
936
84
81
IS
14
177
169
.49
.46
13
12
.24
.22
1,543
1,161
2,775
3,121
1,042
1,014
513
620
139
134
186
174
935
945
70
52
55
60
81
81
87
69
126
166
119
81
69
76
86
103
102
95
100
111
87
92
13
10
13
16
23
29
37
27
23
18
12
158
148
137
128
119
125
135
150
153
150
139
.48
.48
.53
.64
.73
.78
1.00
.92
.89
.84
.87
13
13
10
17
26
34
46
14
21
27
22
.23
.22
.26
.33
.39
.40
.52
.50
.44
.38
.43
1,318
1,136
1,171
1,296
1,558
1, 449
1,456
1,657
1,653
2,178
1,699
3, 381
2,699
2,638
2,798
3,143
3, 361
2,871
3,917
6,494
2,521
3,207
1,061
919
993
1, 030
1,107
1,095
1,051
1, 159
1,163
1, 205
1,171
717
751
749
780
865
1,049
1,146
1,104
940
739
762
129
123
129
134
161
129
133
143
139
144
135
258
289
430
536
491
426
488
269
285
235
214
911
1,083
1,109
922
1,187
977
865
1,128
834
1.019
838
97
84
88
92
84
91
40
24
20
214
187
140
.65
.56
.74
15
13
22
.50
.32
.37
1,651
1,470
1,506
3,212
2,901
3,367
1,040
1,030
1,087
883
834
873
142
141
136
370
371
356
1,090
948
988
95
91
91.4
85.9
83
84
80.7
80.0
60.6
58.3
133
84
88
84
84
101
99
100
100
95
105
85
92
79.6
79.2
78.4
81.2
82.6
82.3
83.6
89.7
93.9
93.4
92.8
55.8
53.7
54.6
56.1
59.4
61.2
65.5
64.8
64.9
64. 2
64.3
90
87
94
88.9
82.2
85.2
75.1
61.3
60.4
* Adjusted for seasonal variation.
k
(>
i
I
-f!
Animals and animal products
Corn
\
2 Revised. Earlier data may be found on p. 19 of June 1933 issue.
3
Includes receipts from Hawaii and Puerto Rico.
15
SURVEY OF CURRENT BUSINESS
January 1934
Forest Products
RODUCTION and
of lumber
Porders of December. shipmentsdeclined during and
booked at lumber mills
during the
first half
Orders received
the
week ended December 14 were the lowest for any
week of the year with the exception of 2 holiday weeks
in January and February. The decline in activity is
partly attributable to seasonal influences and partly to
a reaction from the buying spurt in November.
November was the third successive month in which
the production of lumber declined mom than seasonally. Adjusted for seasonal variation, the Federal
Reserve Board's production index showed a decline of
9 percent from October. In November, at 30 percent
of its 1923-25 average, this index was 16 points, or 35
percent, below July and August. For the year to date,
lumber production has been approximately 28 percent
greater than in the same period of 1932.
For the first time since March, the seasonally adjusted index of employment in this industry declined.
Despite the drop last month, which amounted to 4 percent, the index was 47 percent above the low point
reached in March. Pay rolls were likewise reduced,
the drop in the unadjusted index amounting to 10 percent. Compared with wage payments in March those
of November were more than twice as large.
Southern pine production during November showed
only a slight decrease from the preceding month, while
new orders and unfilled orders remained exactly the
same. Although Southern pine production was 23
percent lower than the August peak, the total for the
first 11 months of the year was 12 percent ahead of the
same period of 1932.
Wholesale prices of lumber continued the advance
which began in January 1933. The increase from
October to November, which amounted to 2.7 percent,
was practically the same as between September and
October. This further gain brought the price index to
about 55 percent above the January level, an advance
of more than two and one half times that of the general
wholesale price level. In November, prices of lumber
were only 14 percent less than the average prevailing
during 1926.
Daily average loadings of forest products were
unchanged in November and were more than 40 percent above the same month of last year and 6 percent
above November 1931. Marketings of naval stores
declined in response to seasonal influences.
The National Control Committee of the Lumber
Code Authority of the National Recovery Act has
determined upon and allocated the amounts of lumber
to be produced in the first quarter of 1934. The
amount set, 5,037 million feet, is estimated by the
Control Committee to be approximately 1 billion feet
greater than anticipated consumption during the
first quarter of 1934. Softwood divisions of the
industry have been allocated 4,016 million feet and
hardwood divisions 1,021 million feet. The excess production is reported to have been authorized for the
purpose of relieving unemployment conditions in the
industry.
FOREST PRODUCTS STATISTICS
Southern hardwoods
General operations
Year and month
CarLumNaval load- LumEmber
stores, ings, ber exPay
proploy- rolls, marforest ports,
all
duc- ments unad- ketings prod- types
tion,
aducts 2
ad- justed^ justed
justed i
'
ThouMonthly average, 1923-25=100 sands of
cars
43
60.4
112
54.7
34.0
112. 9
27
34.4
47.4
79
97.2
21.8
1930: November
1931: November
1932:
November
December
._ 1933:
January
February
March. . _
April
May
... .
June. .-.
July
August _ . _ _ _
September
October _
November
Monthly average, January through November:
1931
1932
1933
Household
furniture 3
Southern pine
Un-
Un-
month
month
Un- Ship- filled
Pro- New Un- ProProNew filled
New
duc- orders filled duc- orders 2 orders, duc- orders filled ments orders,
tion
orders tion*
end of tion
orders
end of
Millions of feet, board measure
143
105
133
131
452
370
47.9
29.0
46.6
33.9
176.4
105.2
185
111
177
111
105
62
Number
days'
production
18
22
12
13
21
23
37.3
36.8
20.9
18.8
77.2
70.3
16.0
13.2
63
68
68
49
101
68
246
252
21.1
16.4
23.7
21.2
81.9
85.1
99
75
91
68
50
44
9
6
7
6
26
20
22
24
30
38
46
46
36
33
30
35.0
34.4
32.5
33.3
35.7
40.0
43.8
46.6
49.4
49.9
47.9
16.3
16.3
14.3
15.6
18.0
21.7
24.6
28.9
33.1
33.5
30.0
31.7
23.0
32.9
69.4
122. 2
134.6
135.3
125.3
101.3
96.5
81.0
13.7
13.7
14.6
17.2
20.8
25.1
26.8
27.2
24.7
24.4
23.4
71
50
68
75
89
95
95
78
76
80
73
60
60
64
71
79
90
98
146
238
230
226
247
135
169
165
150
143
131
233
184
128
128
128
143
264
240
208
200
211
234
23.4
24.4
21.1
28.8
34.4
35.0
49.0
37.7
34.2
33.0
25.6
26.4
24.3
28.3
33.6
57.3
49.5
38.6
24.5
32.8
29.5
32.9
120.9
109.7
107.9
120.4
195.2
203.7
218.9
105.6
112.8
116.4
120.9
85
78
87
89
116
121
126
133
114
104
103
96
76
113
113
180
159
120
118
98
91
91
57
55
64
67
92
88
81
71
60
55
55
6
7
5
6
6
6
10
13
13
13
9
7
5
5
5
7
11
17
18
18
12
9
42
25
52.9
39.0
40.8
42.4
22.3
22.9
107.1
74.6
86.7
29.5
17.7
21.2
104
70
77
40.2
23.0
31.5
43.5
27.1
34.3
151.2
85.1
139.3
137
94
105
153
115
114
89
65
68
14
9
9
16
10
10
32
* Adjusted for seasonal variation.
Douglas fir
I
2
Weekly average.
' Grand Rapids district.
16
SURVEY OF CURRENT BUSINESS
January 1934
Iron and Steel
operations of
were stepped
SCHEDULEDduring the firststeel mills of December,
up steadily
3 weeks
contrary to the usual trend. With the operating
rate around 34 percent of capacity in the third week
of December, mills were more than twice as active as
in the corresponding period a year ago. The higher
level of operations in December was partly the result
of code regulations which prohibit the carrying over
of contracts into the New Year and, as numerous
price advances have been announced for the first
quarter of 1934, consumers are specifying deliveries
under current contracts. Placements from the automobile industry and the railroads were slow in developing and demand continued primarily from miscellaneous sources.
Following the rather sharp drop in the latter half
of October, steel operations were maintained at a
relatively even rate throughout November. The percentage declines in employment and pay rolls for the
month were smaller than the decrease in production.
The Federal Keserve Board's adjusted index of production dropped 23 percent from the previous month,
while the decline in the adjusted index of employment
was 2.2 percent. Pay rolls were reduced by 10 percent.
Although steel ingot production receded 27 percent
in November, output was half again as high as in last
November and only slightly below the level reported
in November 1931. The average operating rate
dropped from 37 to 27 percent of capacity. For the
first 11 months of the year, the industry operated
at an average of 34 percent of capacity, as compared
with 20 percent in the corresponding period of 1932.
Production of pig iron was one fifth less than in
October, but remained 72 percent higher than output
a year ago. Three fewer furnaces were in blast at
the end of the month. The tonnage produced so far
this year aggregated 48 percent more than the corresponding total for last year.
The decline in shipments of finished steel products,
as indicated by the figures of the United States Steel
Corporation, was considerably greater than in the
preceding month, and accounts for the rapid drop in
production during November. Aggregate shipments
during the first 11 months of the year were 38 percent higher than shipments in the same period of 1932,
but 30 percent smaller than the similar showing for
1931. Shipments of steel sheets in November were
the smallest since March and, while new orders were
above the October figure, they were otherwise also
the smallest since March. In November both were
about one third higher than a year ago.
Quotations for various iron and steel products were
advanced early in December, and as a result the composite price of iron and steel increased from S31.59 to
$32.42 per long ton. Steel scrap prices have nlso
advanced in most markets, reflecting the improving
trend in production and shipments.
Iron and steel exports continued relatively large in
November. The 40-percent drop in imports brought
the tonnage below the figure reported in November
1932.
IRON AND STEEL STATISTICS
General operations
Ir
°s?cdn<1
V*™»
i
Production,
adjusted i
Year and month
Employment,
adjusted i
Pay
rolls, Ex- Imunad- ports ports
justed
Monthly average,
1923-25=100
1930: November
1931: November
1932:
November . _.
December
1933:
January
February
March
__ __
April
_
_
May
June
._
July
August
_ . _
September
October.
November
Monthly a v e r a g e , January
through November:
1931
._ - . .193^ .
1933
1
Production
Furnaces
in
blast
Thousands of long
tons
Number
United
Steel ingots Steel sheets 2 States
Prices
Steel
CorpoPerration, Iron Steel Steel
Pro- cent New Ship- finished and billets, scrap Finished
of
steel,
ducor- ments prod- steel, Besse- (Chicamer
comtion pac- ders
ucts,
com- (Pittsship- posite burgh) cago) posite
ity
ments
ThouDollars
sands
Thousands of Long
Dollars per long ton
per 100
of long
short tons
tons
pounds
tons
136
2,212
44
158 676, 016
31. 95 31. 00 10.13
2.20
1,592
103
30
95 435, 697
30.61 29. 00
2.18
8.00
71
51
80.2
65.3
68.9
41.2
112
60
43
35
1,867
1,103
107
67
31
28
53.8
52.8
25.6
24.2
56
54
35
29
631
546
51
42
1,032
861
18
15
66
77
77
67
275, 594
227, 576
29.12
28.93
26.00
26.00
5.93
5.25
2.15
2.14
30
31
22
35
49
72
100
80
66
61
47
50.6
51.4
48.3
50.0
52.5
58.1
66.3
73.2
74.7
73.6
72.0
22.7
24.7
22.4
24.4
29.5
36.2
42.4
52.7
49.0
49.3
44.4
57
64
81
100
123
103
88
119
109
165
158
22
20
22
28
26
34
53
47
56
47
29
569
554
542
624
887
,265
,792
,833
,522
,356
,085
45
45
38
48
63
90
106
98
89
79
76
1,030
1,087
910
1, 363
2,002
2,598
3,204
2,901
2,311
2,112
1,541
18
21
16
25
34
46
59
49
41
37
27
76
81
83
119
144
247
174
159
145
79
88
79
73
75
100
119
153
174
174
164
175
99
285, 138
275, 929
256, 793
335, 321
455, 302
603, 937
701, 322
668, 155
575, 161
572, 897
430,358
28.69
28.31
28.35
28.16
28.45
28.73
29.81
30.04
31.30
31.59
31.59
26.00
26.00
26.00
26.00
26.00
26.00
26.00
26.00
26.00
26. 00
26.00
5.25
5.25
5.25
6.00
8.45
8.91
10.41
10.45
9.84
9.33
8.56
2.12
2.10
2.10
2.06
2.08
2.09
2.17
2.17
2.20
2.26
2.26
61
31
54
72.3
56.2
61.0
56.8
28.8
36.2
83
49
106
1,572
36
32
740
35 1 1,094
91
53
71
2,172
1,133
1,915
40
20
34
154
89
127
163
93
126
666, 507
341, 059
469, 119
31.23
29.51
29.55
29.41
26. 57
26.00
9.00
6.34
7.97
2.20
2.16
2.15
Adjusted for seasonal variation.
* Black, blue, galvanized, and full finished.
SURVEY OF CURRENT BUSINESS
January 1934
17
Textile Industry
Year and Month
1930' November
1931* November
1932:
November ..
December
1933:
January.- .-.
_.
February
March
..
April
May
June
July
August
Septem ber
October
November
Monthly average, January through November:
1931
]932 .
-_
1933
1
Production index, adjusted i
TEXTILE
Monthly average,
1923-25=
100
93
89
Cotton,
raw
Cotton and manufactures
ft
£
| 1
cfi
§1
IS
3
f
1
Cotton cloth
2
finishing
is
OS
••S-e
*- d g
c
«
Ofig
4* 0) fi
08
It
o §}
Is
I1
STATISTICS
Wool
I
1
I
!
MonthMilly av- ThouRunlions of Thousands of
erage, sands of
ning
yards
1926 = pounds
bales spindle
hours
100
77.5 31,237
415,315
5,825 62, 005 68, 817
425, 228
6,018 59, 501 81,606
58.1 35, 424
92
91
502, 434
440, 439
6,967
6,386
87
83
76
85
108
133
130
114
99
91
89
470, 182
441, 203
495, 183
470, 359
620, 561
697, 261
600, 641
588, 570
499, 486
503, 873
475, 368
6,791
6,286
7,050
6,570
8,329
9,299
8,128
7,942
7,058
7,261
6,796
95 457, 132
82 j 416, 051
100 1 632,972
6,532
5,806
7,410
Adjusted for seasonal variation.
28952—34
3
Wool manufactures
Spinning
spindles
fl
i
Looms
£
M
0
I
&
1
Percent of active hours
to total reported
52
46
52
51
37
31
47
45
Silk
=
g
®
I
$
1
Operations, machinery activity
•a
—
OB
Si
** o
«""
£
°c
El
1-
IJ
§1
aa
GC *
Wholesale price,
raw, Japanese,
13-15(NewYork)
change. Employment in the industry decreased about
4.5 percent whereas there is usually a very slight
reduction in this period. Pay rolls were reduced by
9 percent, and the decrease was general in all branches,
with the exception of the dyeing and finishing of textiles. In the latter case, a sharp rise in employment
accompanied by a corresponding gain in pay rolls
reflected the termination of labor difficulties. While
production in the industry as measured by the Federal
Reserve Board's index was about 3.3 percent lower
than a year ago, the number employed was 15 percent
greater and wage payments were more than one fourth
larger. November pay rolls in the industry were
higher than in July despite the sharp drop in output
during the past 4 months.
Cotton consumption dropped in November by more
than the normal seasonal amount, and was 5.4 percent
lower than in November 1932, although exceeding by a
substantial margin mill takings in the same month of
1930 and 1931. Spinning operations were reduced to
96.3 percent of capacity, the first month since April in
which the rate has not exceeded the single shift
capacity. The average active spindle hours per
spindle in place dropped from 235 in October to 220
in November, with declines of^about equal proportions
reported for the cotton growing and New England
States. A lower operating rate was reported in all
the States with the exception of New Hampshire and
Virginia.
Operations in the woolen industry were reduced in
November, although activity continued above the rate
prevailing in the corresponding month of the 3 preceding years. Raw wool consumption was 12 percent in
excess of November 1932, compared with a gain of
20 percent in the preceding month. Machine activity
in all branches of the industry, excepting wide looms,
was lower than in October.
Prices of woolen and worsted goods held approximately unchanged during November. The index,
however, was 52 percent higher than a year ago, and
showed an even greater increase over the low of the
current year.
The increase in silk deliveries was much greater than
the usual seasonal increase, although deliveries were
well below the level of November takings in other
recent years. Current machine activity data are not
available, but on December 22 the N.R.A., in accordance with a request from the code authority, ordered
a cut of 25 percent in silk production, through a
reduction in machine hours for the following 30 days.
Raw silk prices have tended downward since July,
and the November average was about 6.2 percent
below the November 1932 figure.
W h o l e s a l e price,
woolen and worsted
goods
mill
was curtailed further in
TEXTILEwasandactivitythan theproductionseasonal
November,
the decline in
during
the month
greater
normal
Monthly av- Bales of Percent of active hours Dollars
per
erage,
133
to total
pound
1926= pounds
100
60.8
74.7 57,333
75.1
96.5
2.463
42.4
56.4
64.2 50, 645
2.315
83.9
74, 850
81, 933
53.6
51.7
38, 963
36, 532
60
55
58
57
42
33
59
58
55.3
54.2
43, 955
40, 548
76.2
83.2
45.3
34.2
52.2
55.5
1.562
1.550
88, 300 80, 097
93, 773 82, 272
95, 746 80, 446
74, 463 80, 765
88, 278 81, 740
100, 479 75, 395
90, 106 72, 909
75, 329 82, 943
57, 471 92, 301
71, 669 103,371
64, 334 103, 574
50.1
49.1
50.0
50.7
57.9
67.1
80.2
93.5
91.3
88.8
86.0
35, 510
33, 278
24, 943
28,701
46, 898
58, 688
57, 377
55, 694
50, 467
51,037
43, 466
59
60
42
53
77
100
108
99
82
68
63
56
57
32
35
72
92
96
83
69
65
60
36
36
28
29
46
53
54
51
48
41
39
59
68
43
42
66
87
97
87
73
62
64
53.4
53.2
53.2
53.3
61.5
68.8
72.3
78.9
82.7
84.5
84.4
46, 204
32, 665
38, 934
41, 910
47, 151
53, 627
44, 597
42, 852
31, 185
28, 521
34,822
89.7
80.6
56.6
59.2
75.4
74.8
82.9
37.2
36.8
36.3
42.2
46.0
53.0
53.2
66.8
48.9
38.2
49.8
52.3
62.8
78.4
1.305
1.201
1.182
1.324
1.586
2.155
2.273
1.881
1.889
1.647
1.465
67.0
54.3
69.5
43, 829
31, 726
44, 187
58
49
74
63
49
65
39
27
42
57
49
68
68.5
58.0
67.8
49, 678
46, 661
40,224
86.4
65.5
42.6
42.8
52.4
45.7
2.440
1.566
1.628
69, 515
79, 175
69, 006
67, 534
81, 813
72, 936
73, 407
85, 074
2
Printed only (mill and outside).
1
Grease equivalent*
18
SURVEY OF CURRENT BUSINESS
January 1934
FACTORY EMPLOYMENT AND PAY ROLLS: PITTSBURGH 1
[Monthly average, 1923-25 = 100]
Employment
Pay rolls
ivionin
1923. 1924; 1925 1926 1927 1928
99.2
100.6
101 8
101.1
_ - - - 102.9
103.6
100.8
104.3
- _ _ _ _ _ _ 108.7
109.6
107.9
...
105. 6
January
February
March
April
May
June. - - July
August
September October
November
December
Monthly average
105.0 102.5
107.2 102.7
107 2 101.4
108.7 99.8
104.9 96.4
100.0 93.7
96.2 90.7
96. 1 88.3
97.4 89.9
96.7 90. 9
97.0 89.8
99.4 91.9
103.8 101.3
94.8
1929j 1930 1931
95.5
96.9
96.7
97.4
97.2
97.5
95.5
96.5
98.5
98.7
97.3
95.4
94.9
96.2
97.4
96.2
95.0
94.8
92.6
89.8
90.3
88.9
87. 8
86.4
84.7 92.0
88.7 93.7
90.1 94.0
90.6 95.1
89.9 96.3
88.9 97.4
88.0 98.4
89.0 98.8
88.8 100. 1
89.4 99.9
90. 2 99.4
90.5 96. 1
96.9
92.5
89.1
96. 8
1932
1923 1924 1925
1933
95.3 81.4 67.5 56. 1 ! 92. 8 107.1
94.8 81.1 67.9 57.6 ! 95.7 114.5
95.5 80.4 68.0 55.4 1100.3 112.6
96.1 79.4 65.7 56. 1 ! 95. 7 112.2
94.9 78.4 62.7 59.0 1108.6 106. 9
93.1 75.8 61.7 64.2 J107.5 92.2
91.3 73. 0 58.8 68. 5 ! 94. 1 84.3
90.2 72.4 57.3 75.7 1107.0 91.4
88.8 72.5 58. 7 77.4 1108.0 93.9
86. 4 68. 9 60.9 75.2 H14.0 93.7
84.8 69.8 62.0 74.7 !110.9 94.4
83.2 69.7 60.8
108. 1 105. 7
91.2
75.2
62.7
103.6 100. 7
1926
1927 1928
1929
1930
1931
1932
104.2
105.2
103.4
101.7
97.2
92.5
85.1
86.2
88.2
95.7
90.2
98.6
100.1
103.9
105.3
102.6
99.0
100.9
91.3
95.1
99.3
103.9
96. 1
100.5
95.4
101.5
104.9
102.2
95.4
95.1
84.5
89.0
85.0
84.3
84.0
82.2
96.3
102.7
103.4
106.5
107.8
106.6
101.1
110.1
104.3
104.7
104.6
94.4
96.4
102.2
100.6
102.7
100.9
95.1
86.9
88.9
84.1
79.9
70.5
67.2
66.2
66.0
65.4
69.3
63.2
54.0
49.7
47.0
46.4
43.1
40.2
41.4
41.0
39.6
40.3
37.5
33.1
32.6
27.3
27.3
27. 1
29.2
29.3
25.9
95. 7
99.8
92. 0 ; 90. 4 103. 5
89.6
54.3
32.5
80.5
93.8
94.5
89.9
92.9
89.2
77.8
91.8
88.3
96. 7
94.1
94.7
1933
24.2
26.4
25.7
27.5
30.5
38.7
42.3
52.7
49.0
47.6
45.7
•
1
Compiled by the Federal Reserve Bank of Philadelphia from original reports collected by the bank in cooperation with the U.S. Department of Labor, Bureau of Labor
Statistics, and the Pennsylvania Department of Labor and Industry. The data cover 50 percent of all factory wage earners employed and about 45 percent of the total factory
pay roll in the area. The area included in the Pittsburgh district embraces Allegheny, Armstrong, Beaver, Butler, Fayette, Washington, Westmoreland, and Greene
Counties. The indexes have been adjusted to the level shown by the Census of Manufactures for 1923 through 1929, and will be similarly adjusted for 1931 as soon as data
become available.
WHOLESALE PRICES OF REFINED LARD AND VEGETABLE COMPOUND'
[Dollars per pound]
Refined lard
V e g e t a b 1 e c o m p o 11 n d
Month
1926
January
February
March
April
May
June
July
August
September
October
November
December
1927
1928
1929
1930
1931
1932
1933
1926
1927
1928
1929
1930
1931
1932
1933
I $0.150 sO. 125 j $0.
. l l . i t .128; .
.143
.129! .
| .139 i .128 i .
i .152
.128! .
i .10S
.132 j .
i . 1 6 0 - .131; .
! .148
.126! .
J .146
.130; .
i .!:;•<' .1251 .
i .121
.12S| .
j . 1 2 0 , . 123 j .
!
:
.
.
„
]
Yearly average
.14"
.095
.128!
CONDITION STATEMENT OF FEDERAL RESERVE REPORTING MEMBER BANKS—90 CITIES
[Millions of dollars]
Deposits.) Denet
! posits,
demand ! time
Month
Investments,
total
DeLoans, i Loans Loans, | Deposits,! posits, i! Invest- jj Loans,
on senet
toial 1 curities all other demand i| time : ments, ! total
total
1932
Jaunary
February
March
April
May
June
July
. .
August
September
October
November
December.. .
10 365
10, 208
10, 153
10, 370
10, 360
10, 174
10, 040
1 0, 272
10, 515
10, 763
11,041
11,051
-_ _
_ . _ _
__. -_
Monthly average
4 649
4,600
4,585
4, 597
4, 594
4, 481
4,546
4,574
4 5^4
4, 666
4. 633
4,622
6 530
6,322
6,533
6,551
6,794
6,897
7,094
7,147
7, 604
7,974
7,988
7, 910
11, 194
10, 975
10, 631
10,319
10, 092
9, 748
9, 506
9, 325
9, 252
9, 003
S, 982
8,871
4 970
4,851
4,744
4,518
4,335
4,185
4,080
3,971
3,984
3.786
3,764
3,789
4, 594
7, 112
9. 825
4,248
5. 577
11. 233
9, 996
9,745
10,348
10,918
10, 741
10, 475
10, 427
10, 505
10, 653
10, 751
10, 866
6, 22 i
6,124
5, 887
5,801
5,757
5,563
5 426
5,354
5,268
5, 217
5,218
5.082
10,443
_ .
_
1933
!
4,611
4,315
4,330
4,330
4, 282
4, 406
4,533
4,508
4,501
4,470
4,410
4,339
7 974
7,619
7,669
7,884
7,941
8 213
8,011
8,074
7,989
8,156
8, 104
8,264
8. 782
8,281
8,332
8,404
S. 485
8,452
8,546
8,533
8,540
8,593
8,568
8,402
3 751
3,727
3,644
3,698
3,713
3. 748
3, 772
3. 766
3,687
3, 604
3, 569
3, 028
5,031
4,554
4,688
4,706
4, 772
4.704
4,774
4, 767
4, 853
4,989
4,999
4,774
10, 555
4.420
7,992
8.493
3.692
4. SOI
1
Compiled by the Federal Reserve Board from reports of reporting member banks. The statement now covers banks in 90 leading cities instead of in 101 leading cities
as formerly. The 90 cities now included in the statement are those in which all or nearly all reporting banks had been licensed to resume full bank operations at the time
the report was first published in May 1933. Comparable data are not available prior to 1932.
SHIPMENTS OF FINISHED STEEL PRODUCTS OF THE UNITED STATES STEEL CORPORATION >
(Long tons)
Month
January
February
March
April..
May
June
July
August
1930
.
.
.
.
.
.
-
1931
1932
1933
1933
1,101,16S
' 1.141,912
. 1,210,171
_
1,388,^6
l,20:\91f>
OS4,7'W
1*46,715
'
947,402
i Compiled by the United States Sterl Corporation and r^pre <t-nt tN> > ; i i r . i i i « - , i t s of finished steel products by the corporation. The shipments series take the place of the
series of unfilled steel orders. This change was made becmi^p under tlv- t nns of the «toel code contracts and orders for steel, aside from those for definite construction purposes and certain other specified products,iiuj not be accepted for delher\ be\ond the expiration of the calendar quarter. Accordingly the tonnages of unfilled orders no
longer present an index of prospective activity in the in lustry i> \\ as tho case formerly. The shipment data will indicate more closely the degree of activity from month to
month. The monthly averages shown above aiv derived from a to, 11 of tne months of the year plus a yearly adjustment figure which was added. This tonnage amounted
l
f
to 40,259 tons in 1930, 6,040 tons in l ttl, and 5,100 on^ in 19:>£.
19
SURVEY OF CURRENT BUSINESS
January 1934
PRODUCTION OF LEATHER AND LEATHER PRODUCTS
l
[Monthly average, 1923-25=100]
1919
1920
1931
1922
1923
1924
1925
1926
1927
1928
1929
1931
1930
1932
1933
WITHOUT ADJUSTMENT FOR SEASONAL VARIATIONS
January
February
.
March
April
.
Mav -.
June
July
August
September ._
October. . _ ... _ _
November.
December .
Annual index
i
i
!
'•
-_-
.
..
...
.
107
102
101
104
105
97
94
108
110
105
109
103
112
111
110
109
118
110
98
93
82
68
63
65
71
76
78
83
88
93
98
97
100
100
97
98
102
104
102
102
94
91
91
98
110
112
114
111
112
119
122
118
112
106
100
105
111
105
102
94
98
103
104
96
89
84
78
91
100
102
95
92
86
100
104
105
95
91
104
!
.
97
90
102
108
95
97
1
January.
.
February
March..,
April
..
May
-.June
July
-.
4ugust
September
October.
November
December
109
100
!
97
i: 101
106
101
99
<[
104
106
.'•
103
<
109
•
109
_- . -
..
98
108
103
100
96
99
103
114
119
113
98
93
11
99 I
101
111
109
99
93
98
101
111
116
109
95
87
95
103
104
99
97
103
103
116
123
119
103
87
94
99
101
99
89
89
88
99
103
93
77
69
73
89
95
98
97
93
95
110
105
86
72
69
77
89
93
85
75
75
74
90
105
102
85
103
95
102
101
96
90
90
92
102
112
112
100
94
102
104
92
90
85
101
97
98
101
97
93
89
90
89
85
79
80
79
87
92
100
105
97
96
99
91
78
80
93
87
91
101
110
114
113
106
102
83
87
90
87
82
79
74
81
91
93
89
85
ADJUSTED FOR SEASONAL VARIATIONS
:
...
96
105
104
101
115
108
106
105
120
116
105
92
78
66
62
67
102
99
98
100
97
98
99
98
105
108
113
115
71
73
75
82
91
100
107
97
95
97
97
102
111
111
114
114
115
113
111
106
106
102
102
99
98
97
97
94
93
91
87
92
93
96
95
97
97
98
98
99
97
92
95
98
96
98
96
97
101
102
100
103
104
106
108
107
105
104
100
103
96
95
96
98
98
99
100
98
100
104
103
101
105
106
106
102
101
103
104
103
101
99
98
100
101
101
100
102
106
107
105
106
107
108
107
100
re
80
86
92
84
93
110
114
116
102
92
93
i Computed by the Federal Peserve Board and represent a revision of the series for the period from 1923 to date, which were carried in the Survey of Current Business
•upTto the September 1933 issue. This revision was made in order to adjust the indexes as previously computed to conform to the production series currently being used
which is compiled by the Tanners' Council. Basic data are from the United States Department of Commerce, Bureau of Census, for the period January 1923 to April 1932
and for other periods from the Tanners' Council. The indexes by months from 1919 through 1922 were not revised.
EXPLOSIVES—NEW ORDERS
[Thousands of pounds]
1920
Januarv .
February
March
April
Mav
June
July
August
.September _ _
October
November.
December
.
._
__
Monthly average
_
1927
1928
1929
1930
1931
1932
1933
42, 219 35, 927 42, 147
35, 734 34, 751 38, 201
38, 663 37, 719 37, 759
43, 876 35, 754 40, 030
39, 010 36, 984 39, 118
35, 859 37, 062 42,015
33, 856 36, 845 41,341
38, 671 40, 602 44, 146
35, 896 43, 937 40, 943
38, 278 44, 693 41,318
34, 941 39, 373 39, 056
30, 762 37, 512 35, 077
37, 134
35, 945
42, 563
41, 257
40, 637
42, 779
43, 009
45, 347
47, 332
48, 055
47. 889
41, 930
41, 579
39, 221
38, 965
37, 711
40, 897
38, 991
37, 328
42, 325
42, 986
45, 267
38, 759
33, 300
36, 164
35, 547
36, 608
36, 750
39, 207
38, 314
34, 806
40, 110
40, 964
43, 902
39, 744
33, 062
39, 743
37, 203
36, 710
39, 159
42, 104
38, 902
40, 122
45, 074
45, 389
46, 177
39, 913
34, 105
35, 175
34, 270
33, 829
37, 609
37, 373
37,512
34, 631
37, 237
37, 846
39, 429
32, 429
27, 584
29, 335
27, 015
28, 255
30, 662
28, 185
28, 797
26, 970
27, 092
27, 242
28, 425
23, 947
19,518
19, 798
18, 250
18, 702
19, 016
16, 954
15, 648
15, 733
19, 214
21, 126
23, 749
20, 336
19, 985
17, 971
16, 510
16, 179
16, 197
16, 497
20, 327
23, 834
25, 086
25, 107
25, 084
38, 430
42, 823
39, 777
37, 932
40, 383
35, 410
27,120 ' 18,959
1922
1923
42, 278
_ 42, 397
48, 740
37, 777
42, 874
46, 841
43, 497
48, 566
42, 691
43, 967
36,015
35, 004
_ -
_
1926
1921
27, 826
23, 942
24, 708
25, 033
26, 181
26, 982
24, 280
28, 631
29, 544
32, 958
28, 159
23, 175
26, 710
28, 357
27, 390
20, 412
23, 380
24, 036
25, 055
36, 492
42, 997
42, 659
40, 069
34, 912
42, 554
26, 785
31, 039
37, 314
Month
__
_.
1924
1925
40, 096
FERTILIZER CONSUMPTION IN SOUTHERN STATES1
[Short tons]
Month
January
February
March..
April
May June
.
July
\ugust
September
October
November
December. _
_
1922
__
-
..
Monthly average
_
1923
1924
1925
1926
1927
1928
1929
1930
1
1931
775,041 748, 194 462, 573 645, 765
524, 145 624, 048 450, 794
323, 687
519, 648 339, 521
834, 375 1, 108, 308 814, 013 1, 068, 998 597, 451
526, 927 1, 089, 507 1, 212, 553 975, 378 1, 289, 599
1, 301, 133 1, 205, 943 1, 315, 325 2, 041, 332 1, 735, 012 1, 493, 002 2, 181, 405 2, 110, 147 1, 859, 824 1, 343, 997
624, 050 481, 589
708, 106 930, 368 671, 532 872, 520
857, 586 1, 287, 305 1, 362, 908 1, 129, 445
141, 644
104, 169
151,050
178, 198
120, 302
146, 923
182, 987
216, 110
233, 350
194, 469
40, 752
52, 014
56, 531
36, 559
37, 015
55, 236
99, 157
45, 768
78, 344
73, 890
18,612
26, 875
16, 489
13, 073
31, 837
18, 384
22,913
16, 396
20,487
24, 967
85, 783
53, 469
47, 351
45, 827
34, 874
36, 918
43, 138
47, 220
43, 019
33, 852
104, 924
108, 062
107, 742
130, 421
97, 840
138, 031 104, 530
150, 312
114, 116
78, 192
142, 139
109, 941
97, 953
115, 843
118, 965
119,514
104, 643
83, 647
101, 889
91,014
81,961
56, 229
98, 647
67, 671
79, 690
87, 956
85, 091
82, 237
71, 869
70, 206
110, 368
110, 637
103, 017
156, 289
112, 567
145, 651
141, 761
81,390
70, 871
67, 314
288, 710
356, 860
386, 384
417, 792
418, 697
374, 979
459, 004
454, 055
462, 340
337, 027
1932
171, 473
359, 595
639, 386
865, 217
155, 643
41, 819
14, 245
37, 653
88, 600
96, 080
59, 559
85, 185
217, 871
1933
204, 777
295, 177
822, 410
1,117,963
233, 961
43, 084
18, 021
38, 015
86, 377
99, 871
64, 503
20
SURVEY OF CURRENT BUSINESS
January 1934
WEEKLY BUSINESS INDICATORS 1932-33l
[Weekly average 1923-25 =• 100, except where noted]
62.2
61.8
61.3
61.1
60.6
60.2
60.3
60.4
60.5
60.2
58.7
58.7
58.5
57.6
65.4 33.8
64.9
64.4 ~~28.~2
64.4 22.1
64.1 28.8
63.9
64.0 ~~26.~5
64.2 25.0
64.0 31.4
63.6
63.1
63.0 ~~20.~2
62.5 16.1
62.2 21.0
64.8
65.2
67.8
67.0
64.4
61.3
56.0
59.7
51.5
57.1
54.3
53.9
51.6
42.3
53.9 93.0 124.4 85.7
72.6 92.8 124.5 85.1
93.6 124.8 85.1
61.
94.2 125.5 85.1
70.
95.0 126.3 83. 6j
55.
94.9 125.9 83. 5|
61.
95.3 125.9 83.4
59.
95.9 125.6 82.8
57.
95.7 125. 3 83.0
57.
97.2 125.0 83.3
61.
61.6 95.6 124.5 82.9
52.7 97.0 124.7 82.7
64.0 97.1 124.4 83.0
58.7 97.4 124.7 82.4
53.3
55.4
55.1
54.5
53.3
52.9
52.0
50.4
51.7
48.6
47.7
48.4
57.4
57.3
56.4
55.5
55.3
55.3
55.4
55.1
55.0
56.1
56.6
61.9
62.0
61.2
60.4
60.0
60.2
60.1
59.7
59.6
60.2
60.4
60.5
11 £
14! 9
16.3
45.4
52.8
51.8
49.2
50.4
52.3
53.7
47.9
49.8
45.7
46.9
49.6
98.6
61.4
63.1
53.
58.
53.
47.
61.
71.8
18
25
70.7
66.9
67.2
66.7
66.2
66.3
66.8
65.3
64.4
61.4
60.0
62.7
Apr. 1
8
15
22
29
May 6
13
20
27
June 3
10
17
24
63.7
65.5
66.8
69.0
72.2
74.1
76.6
77.5
79.1
83.2
87.1
91.4
93.8
50.1
50.8
52.2
53.6
56.3
57.7
58.8
58.9
60.2
60.5
62.5
65.1
65.8
56.4
56.2
56.8
57.1
58.6
59.2
59.5
60.6
61.2
62.1
62.7
63.5
64.0
60.1
60 1
60.3 13.7
60.4 13.6
61.5 15.5
61 Q
62.3 20.0
63.0 17.0
63.3 17.0
63.8
64.0
64.5 "28." 5
65.1 23.0
51.6
50.8
51.5
51.4
55.9
54.6
55.4
55.4
56.5
53.0
58.9
61.3
63.1
July 1
8
15
22
29
Aug. 5
12
19
26
97.3
98.7
99.0
95.8
92.0
89 8
89.2
89.3
84.9
81.6
79.8
78.4
77.7
78.4
66.4
66.3
68. 2
68.6
68.8
67.9
65.2
64.3
64.6 i
63.4
62.6
61.2
61.6
62.2
65.1 66.3 19.2
66.6 67.2
68 8 68.9 22.3
70.4 69.7
69.6 69.2 ie!3
70 6 69.2
70.3 69.4
70.3 69.3 ~~26.~9
70.4 69.6 19.7
70.8 69.7 24.1
70.9 69.7
71.1 70.5 28.7
71.6 71.5 32.9
71.4 71.1 31.8
71.3
71. 1 "33." 7
70.4 35.8
70.9 35.8
70 9
71.2
71.7 "34." 2
71.0 29.6
70.7 64.8
70.9
70.8 58. 9
70.4 53^2
70.8 34.4
Oct. 1
8
15
22
29
Nov. 5
12
19
26
Dec. 3
10
17
24
31
1933
Jan. 7
14
21
28
Feb. 4
11
18
25
Mar. 4
11
Sept. 2
9
16
23
30
Oct.
7
14
21
28
Nov. 4
11
18
25
Dec. 2
9
16
23
30
78.9 62.5
78.3 61.8
76.6 60.4
75.6 60.5
72.5 59.9
72.9 60.0
73.5 60.6
74.8 60.7
74.7 62.3
74.7 64.3
77.1 66.5
77.6 68.4
79.6 67.6
71.1
72. 2|
71.5
71.6
71.8
71.6
72.1
71.7
71.4
71.7
72.0
71.4
71.8
24.5
18.2
17.6
15.4
11.3
14.3
For footnotes, see p. 56 of this issue.
C
M
60.6 34.
53.3 34.
48.5 34.
48.5 34.
48.5 31.
48.5 33.
48.5 34.
48.5 34.
48.5 34.
48.5 34.
48.5 34.
48.5 34.
48.5 34.
X
117. 4
119.1
118.3
118.4
117.8
118.2
117.9
117.9
117.5
118.2
118.0
117.2
116.6
w
S
00
»
Z
162.4 77.9 37.5
122.4 78.1 36.5
38.4
159.
79.
156.
80.
39.8
149.
82.
45.8
84.
164.
51.8
59.7
159.
87.
159.
61.0
89.
92.
144.
67.7
134.
69.6
91.
71.2
91.
103.
62.5
126.
90.
130.0 90.8 66.5
48.5 29.5 116.0 132.7
48.5 22.9 116.7 121.9
33.9 22.9 116.6 123.6
24.2 22.9 116.2 131.4
24. 2 19.0 115.5 135.1
24. 2 17.1 116.0 131.9
24.2 12.6 116.5 121.6
24.2 11.4| 116.2 117.9
24.2 20.6 116.1 113.0
24.2 11.4 116.4 114.7
24.2 11.4 117.0 144.5
24.2 11.4 117.0 145.0
24.2 11.4 118.0 129.0
24.2 12.6 117.5 119.2
3 S
.3
K
%
1
£
1
ttle and calves
54.9
55.4
55.5
54.8
54.4
53.5
53.0
52.1
53.1
53.5
53.7
52.7
51.7
51.9
17
24
122.2 90.1
122.2 88.9
121.9 89.2
122.1 88.2
123.2 88.0
123.8 88.0
124.3 87.7
124.2 87.3!
124.3 86.6
124.2 86.4
124.0 86.5
123.7 86.1
124.1 85.8
fi
ictric power
67.2
67.4
68.1
69.3
69.2
68.8
69.1
69.2
68.3
68.0
68.4
69.9
69.3
70.6
Sept. 3
10
90.5
89.4
90.1
88.9
89.1
89.0
89.4
89.6
89.9
90.9
91.2
93.0
91.9
g
tuminous
coal
60.8
88.0
62.4
62.2
54.2
66.8
54.3
59.2
53.2
53.8
62.9
57.4
65.8
H
[tomobiles
51.1
43.4
52.6
52.3
53.3
51.7
53.4
54.1
56.1
58.4
52.3
61.3
62.1
>
>ck prices
59.6 64.4
59.6 64.8
60.2 65.0 ~~3~6~6
60.8 64.5 31.9
60.9 64.7 24.5
61.1 64.8
61.9 65.2 ~~26.~5
61.8 65.4 31.6
61.9 65.2 37.5
62.5 65.5
63.2 65.7
62.9 65.4 ~~30.~6
62.4 65.4 31.8
£0*
nd prices
55.5
56.1
56.2
55.6
55.0
54.8
54.4
53.2
53.8
54.4
55.5
54.8
55.2
&
w
unmercial
failures
65.2
65.4
64.8
64.6
63.9
63.8
64.2
65.4
65.6
66.5
67.2
66.7
67.9
1932
July 2
9
16
23
30
Aug. 6
13
20
27
a
>ney in circulation
1
terest rates,
time loans
PQ
terest rates,
call loans
tal loans *
M
ne deposits 3
2
t demand deposits 3
!!*
®
S
Receipts
C
fc
2
Production
Finance
&
jight-car loadi
*
S
1
Us
nstruction co
awards
Wholesale
prices
partment of
Labor
siness Week
Week
ending
Saturday »
i? York Times
Business
activity
OD
6
•*£
rt
o>
1
5
S
1
52.8
34.8
39.1
39.7
29.4
30.9
27.7
25.6
26.1
25.6
28.3
30.3
25.3
39.8
42.2
40.7
43.0
45.4
43.7
45.7
48.4
52.1
55.3
58.8
60.1
61.9
87.5
80.6
85.0
86.1
86.4
85.7
84.9
86.0
86.2
87.9
85.5
88.6
89.5
101.1
103.4
103.5
105.9
102.6
104.3
102.9
101.3
101.5
102.1
104.1
105.2
104.6
15.8
21.1
21.1
21.1
19.7
18.4
19.7
18.4
17.1
15.8
19.7
19.7
23.7
62.7
45.3
71.0
69.2
59.9
60.1
63.6
72.0
76.3
81.1
74.7
87.7
87.4
26.9
14.2
20.4
16.9
41.5
43.5
34.2
49.6
56.9
78.5
104.6
155.0
176.9
51.6
46.4
58.4
50.0
54.4
55.6
56.2
50.3
50.9
51.1
56.1
55.2
58.6
41.3
90.3
121.2
151.1
139.0
119.4
105. 9
111.0
115.1
121.2
107.5
127.6
102.3
91. 2
90. 3
88. 81
89.1
88.4
87.6
87.8
87.8
87.0
86.3
86.0
86.5
86. 0|
86. 2|
67. 3
61. 5
56. 7
59.0
57.8
56.1
61.0
60.0
58.0
54.9
57.1
58.8
56. 3
56.4
17.4
19.1
16.6
14.6
14.6
16.1
17.9
21.6
17.5
16.2
28.4
40.1
35.9
33.6
66.5
71.0
77.2
76.8
73.2
71.5
74.9
76.3
76.6
66.1
66.8
76.7
75.0
68.1
90.0
90.4
90.5
91.7
92.0
91.5
91.3
92.0
88.5
90.6
91.2
93.8
93.3
84.9
104.3
104.3
102.3
103.6
100.7
101.0
102.4
101.3
100.8
102.2
102.1
98.9
97.3
81.5
23.7
26.3
26.3
26.3
26.3
25.0
25.0
23.7
21.1
22.4
21.1
19.7
17.1
18.4
89.3
90.0
92.5
95.7
91.6
86.6
58.3
85.1
68.7
78.7
67.3
59.9
46.2
41.1
208.5
218.8
229.2
247.3
263.8
254.2
229.2
240.4
178.5
205.4
169.2
158.8
101.2
91.2
59.1
57. 1
55.7
60. 0|
62.9
51.1
48.2
72.9
56.3
80.9
72.3
72.7
68.2
65.8
101.8
102.4
76.4
72. 3
64.8
57.3
43.9
57.0
52.5
39.5
48.0
30.6
40.8
35.0
87.8
89.7
88.7
89.7
89.7
89.6
88.3
85.8
83.2
59.0
61.3
59.5
60.0
58.1
57.9
54.8
51.2
50.3
67.9
65.7
62.8
56.1
57.3
75.7
73.6
60.5
51.6
54.0
50.1
50.0
87.7
89.7
89.1
88.2
87.3
89.0
88.2
85.6
85.4
83.5
82.5
84.6
85.3
96.5
96.7
96.4
97.4
97.2
100.0
105.3
103.1
101.6
102.1
108.0
21 1
22.4
23.7
25.0
25.0
26.3
26.3
25.0
22.4
19.
19.
18.
49.6
57.9
61.2
61.1
55.8
52.7
60.4
56.6
54.9
39.6
46.1
55.8
85.4
101.2
112.3
105.8
100.4
65.0
53.5
66.2
57.3
58.8
28.8
41.5
69. 9>
84.5!
77.1
82.1
74.3
65.1
66. 4
64.9
60.2
48.6
52.8
60.4
31. 7
39.4
41.7
35.6
38.0
26.4
24. 4
33.1
44.5
28.9
23.9
39.8
59.2 45.8 58.3
59.4 28.8 65.9
62.6 42.7 59.6
63.3 48.5 66.9
66.6 55.0 79.6
67 5 67.3 71.1
70.3 66.6 71.9
66.8 65.8 63.3
67.4 46.2 71.1
59.8 47.7 75.4
70.4 65.4 84.3
68.7 61.5 78.7
63.6 61.9 88.3
45.3
42 2
97 9
98.9
98.6
98.8
98.5
96.9
95.6
93.4
87.7
81.4
83.2
84.3
125.8
125.7
125.8
124.7
124.6
124.1
123.7
121.3
116.6
114.7
116.5
116.6
81.7 24.2
81.1 24.2
80.9 24.2
80.3 24.2
81.3 24.2
80.2 24.2
80.7 24.2
78.9 24.2
77.0 43.6
77.3 (4\
78.0 106.2
78.0 75.9
116.7
115.6
115.7
115.7
116.6
117.7
120.5
124.2
140.1
(4\
155.1
88.7 149.5
62.9 136.8
146. 4
178.4
169.8
172.5
162.2
154.5
138.3
140.3
136.6
121.4
93.9
96.6
(4\
/4\
84.9
84.9
59.4
56.1
33.4
38.1
44.1
50.9
43.6
35.7
32.7
35.0
43.5
23.9
13.9
27.2
49.0
63.1
46.7
50.5
53.9
65.2
51.7
56.5
54.5
60.2
63.4
58.5
67.9
85.6
86.3
87.6
88.8
91.4
92 0
93.5
104.9
105.2
107.1
107. 7
109. 9
106.2
116.8
117.0
116.9
117.1
117.3
117.9
117.5
116.0
116.2
116.3
116. 1
116.8
119.6
77.5
76.8
76.7
76.4
77.6
77.6
77.5
77.6
77.0
78.2
78.4
78.9
78.3
70.8
50.4
31.5
30.3
30.3
24 2
24.2
24.2
24.2
24.2
24.2
24.2
24.2
59.0
36.1
22.9
22.9
29.5
22 9
27.7
23.8
131.3
129.1
127.1
125.3
123.9
123.0
121.7
120.7
119.7
119.7
119.1
118.2
117.6
107.4 83.6
102.7 82.3
107.9 83.1
109.8 82.6
111.1 84.9
113.0 86.8
107.4 89.1
105.4 91.0
112.8 92.2
92.9 93.5
98.5 94.4
97.3 94. 2j
91.6 94.8|
54.0
53.4
57.0
61.2
66.3
72.2
74.1
76.0
79.8
85.7
87.4
86. 1
88.1
32.1
41.5
53.4
57.2
64.3
67.4
67.7
73.1
69.0
53.2
69.8
72.7
76.9
52.9
46 6
47.6
45.3
47.2
47.1
49.7
49.4
50.1
53.6
53.2
55.5
58.6
84.2
84.0
84.6
85.9
85.7
86.2
88.1
89.0
89.7
87.7
92.9
94.7
95.9
107.5
106. 6
92.8
86.2
114.4
127.2
131.3
129.9
126.5
128.5
130.1
125. 4
120.7
19.
23.
26.
32.
38.2
43
46.
51.
55.
59.2
60.
63.2
65.8
66.1
56.2
67.6
67.7
66.6
63 9
65.0
66.2
65.9
69.5
59.6
68.0
68.1
69.0
57.1
85.4
67.7
72.1
70.6
69 2
55.0
63.8
59.1
55.5
64.7
56.9
66.4
61.4
105.5
104.6
105 2
104.8
104.2
102 9
103.1
101.8
101.8
102.3
101.8
103.5
103.1
103.0
121. 5
123.9
124.6
125.3
125.0
124 9
125.0
124. 9|
124.51
124.3
123.9
123.7
124.2
124.2
77.8
78.5
79.5
79.6
78.6
78.4
78.3
78. 9
78. 2|
78. 4|
78. 3|
78.8
78.5
78.3
24.2
24.2
24 2
24.2
24.2
24 2
24.2
24.2
24.2!
23. 01
18. 2!
18. 2;
18.2
18.2
17.1
19.4
28 9
10.5
11.4
11 4
28.6
26.3
22.9
16.2
17.1
117.4
118. 3
117.2
116.4
115.7
115 9
115.8
115.8
115.5
115. €
116. 4
115.8
115.8'
115.8
84.8
65.1
84.3
89.9
81.8
86 5
85.7
76.7
80.1
76.4
62. 7
67.6
63.6
61.7
91. 1
97. 4
97. 3
91.3
86.8
85.7
88.6
88.5
92.5
94.4
90.2
92. 9
90.0
84.9
78.2
54.9
76.0
82.8
84.4
74.7
70.6
70.7
65.6
57.5
52.9
63.0
57.3
57.5
64.3
64. 9
68 2
70.6
73.9
66.2
72.2
74.3
75.9
78.4
75.7
70.4
65.5
67.3
99.4
92. 4
98.9
99.3
99.8
99.0
97.7
99.0
97.8
98.3
95.0
99.8
98.4
99.2
124.9
124.6
126 4
128.3
129.5
128 6
133.9
132.8
132.3
130.6
129.2
125.0
119.4
117.5
65.8 (4) 107.0
68.4 (4)
70.8 m 1 RQ n
71.1 (4\
(4)
73. 8i (*} M 1 7 7
73 7
79.6 (4) 146. 9
73.7
72.4 (4)
43.5 ( 4 ) 103.4
72 4 (4\
43.5 (4)
74. 9
(4)
72.4
53.5
62.3
68.4 (4)
57.3 ( 4 )
68.5
70.4 ( 4 )
64.5 ( 4 )
85.7
55.5 (4)
91.5 (4)
68.8
(4)
99.6 ( 4 )
55.3
69.7
52.6 ( 4 ) 141.2 ( 4 )
76.8
52.6 ( 4 ) 186.2 ( 4 )
66.7
52.6 94.5 245.4 72.4 59.5
68.3
69.3
67.8
66.4
63 4
60.2
62.5
60. f
51. 7
56.1
57.9
55.0
47.0
71.8
58.6
81. 4|
63.6
65.7
60.
60.
65. f
71. (
59. f
58.9
69.2
65.7
102.5
103.3
105.0
104. 9
104 6
103.4
104.3
104.7
105. 5
104.4
105.5
104.6
106.4
1
123.8
123.6
123.6
123.5
123.5
124.2
123.6
122. 9
121.9
120. 7
120.3
120.3
119.9
78.5
78.6
79.3
78.3
78. 8
78. 8|
78. 5
78. 0
78. 5
77.9
77. 71
77. 6|
76.8
18.2
18.2
18.2
18.2
18. 2
18. 2
18. 2
18. 2
18. 2
20.1
24. 2
24. 2
24.2
17.
17.
17.1
17.
17.
17.1
22.9
22.9
22.9
22.9
28.6
24.7
28.6
116. 6
116.9
116.7
115.9
116.4
117.0
116.8
116.8
118.0
118.9
119.1
120. 6
120.3
64. el
63. l!
69.3
71.3
72. 2
83.0
63.6
74. 0
65.8
74.4
63.9
61.4
56.3
96. o!
97. 41
98. 4!
98.81
98.2
98.3
98.4
98.2
98.0
97.5
96. 7
97. 1
94.5
94.0 j
93. Si
94. 6|
94.2
93.4
92. 1
91.0
88.8
88. 4
89.7
91.6
92.8
92.6
93.7
84.4
86.0
78.2
81.6
80.0
83.5
84.7
87.7
85.6
88.7
88. 6
85.5
86.8
49.8
48.2
32.8
33.1
21.1
14.8
14.0
30.2
13.2
17.0
22. 0
23.6
18. 2
55.4
65.6
68.8
72.2
68.6
73.0
75.0
71.6
73.1
65.0
72.0
70.3
75. 7
98.8
97.2
97.2
97.4
95.0
97.0
97.0
96.5
93.3
97.2
98.7
99.5
92.4
115.2
116.2
116.7
113.2
110.5
109. l!
110.8
108.2
100.6
111.3
113.0
109.9
102.7
52.6
50.0
44.7
38.2
34 2
34. 2
35.5
35.5
36.8
39 5
43! 4
43.4
39.5
/±\
(4)
(4)
12.8
11.4
11.4
11.4
11.4
11.4
16.0
28.6
59.4
22.9
22 9
22! 9
22.9
22.9
20. 6
17. 1
14.4
102.6
107.4
110.1
101.3
93.6
94.3
100.8
70.7
63.5
76.6
76.0
60.5
43.1
260.4
261.9
281.5
244.6
217.3
190.0
180.8
176.2
161.9
146.9|
117.7
113.5
89.6
47.6
56.3
47.0
54.3
65.0
63.6
95.2
83.3
58.6
74.8
92.6
91.3
59.8
so! 6
53.9
43.8
61. 5
69.3
64.0
66.1
64.2
73.9
76.5
87.8
53.5
48.2
39.9
40.9
39. 1
23.2
35.3
39.2
33.4
30.8
28.3
42.3
27.6
21
SUEVEY OF CUREENT BUSINESS
January 1934
WEEKLY BUSINESS INDICATORS
[Weekly average 1923-25=100]
ITEM
1933
1933
1931 1930
Dec. Dec. Dec. Jan. Dec. Dec. Jan. Dec. Jan. Dec.
30 23
2
7
31 24
16
3
26
27
Business activity:
New York Times * #
Business Week * ^
Commodity prices, wholesale:
Dept. of Labor, 1926=100:
Combined index (784) —
Farm products (67)
Food (122)
Fisher's index, 1926=100:
Combined index (120)
Agricultural (30)
Nonagricultural (90)-Copper, electrolytic
Cotton, middling, spot
Iron and steel, composite. .
Construction contracts J
Distribution: Car loadings. .
Employment: Detroit factory
,_
Finance:
Failures, commercial
Security prices:
Bond prices J
Stock prices J
79.6 77.6 72.1 70.7 70.6 69.3 77.2 78.1 85.1 85.4
67.6 68.4 66.5 53.3 51.9 51.7 63.5 65.1 79.1 77.3
70.8 70.4 70.8 61.9 62.2 62.5 68.3
56.0 54.8 55.9 43.8 43.7 44.3 54.6
62.5 61.6 63.0 58.1 57.9 58.4 68.7
71.8
47.8
79.4
58.0
37.9
78.3
34.4
47.0
71.4
46.9
79.4
57.2
37.9
78.3
53.2
55.0
61.7
72.0
48.1
79.5
55.8
37.5
78.3
58.9
57.9
57.4
40.4
61.6
34.8
23.2
69.7
57.6
40.7
61.6
34.8
22.4
70.0
21.0
45.4 42.4
58.5
41.4
62.6
34.8
22.1
69.8
66.3
50.0
68.8
52.9
23.9
72.4
66.7
50.5
69.1
50.0
23.5
72.9
31.4
51.6 52.5 46.0
48.0
78.5
73.8
79.5
73.9
37.5
76.5
79.0
74.8
79.3
73.9
36.0
86.7
59.0
64.2 55.9
64.0
40.0
56.3 61.4 63.9 146.4 119.2 129.0 150.4 138.3 133.2 112.0
93.7 92.6 92.8 87.8 86.2 86.0 85.8 75.4 106.3 105.2
86.8 85.5 88.6 59.0 56.4 56.3 73.7 85.8 150.2 146.4
* Computed normal=100.
% Daily average. # Index revised.
ITEM
1932
1931 1930
1933
Dec. Dec. I Dec. Jan. Dec. Dec. | Jan. Dec. Jan. Dec.
30 23 i 16 7 _31_ 24 ( 2
26
3
27
Finance— Continued.
Banking:
Debits, outside N.Y.C4 65.7 69.2 58.9 98.6 58.7 64.0 85.6 87.2 137.0 107.6
Federal Reserve reporting member banks :§
Deposits:
Net demand
106.4 104.6 105.5 97.9 97.4 97.1 98.3 97.5 115.9 112.6
119.9 120.3 120.3 125.8 124.7 124.4 130.1 131.2 155.9 157.2
Time
Loans, total
76.8 77.6 77.7 81.7 82.4 83.0 104.8 105.0 130.1 129.6
Interest rates:
24.2 24.2 24.2 24.2 24.2 24.2 80.0 75.9 80.0 48.5
Call loans J
28.6 24.7 28.6 12.8 12.6 11.4 84.6 80.0 68.6 68.6
Time loans $
Money in circulation J_ 120.3 120.6 119.1 116.7 117.5 118.0 116.7 117.9 101.1 102.5
Production:
18.2 23.6 22.0 33.4 33.6 35.9 24.4 19.4 27.1 27.2
Automobiles _ _
Bituminous coal J
75.7 70.3 72.0 67.9 68.1 75.0 67.1 62.6 93.4 82.0
Electric power t -- - - 92.4 99.5 98.7 87.7 84.9 93.3 91.5 100.6 95.9 97.1
41.0 27.1 34.6 31.4 33.1
Lumber X
Petroleum J
102.~7 109.~9 I13."6 85.3 81.5 97.3 106.0 110.0 ioo.'o "l02."l
42.1 44.7 43.4 21.1 18.4 17.1 25.9 26.3 47.4 31.6
Steel ingots
Receipts, primary markets:
Cattle and calves
„.._ 43.1 60.5 76.0 49.6 41.1 46.1 53.9 26.6 73.6 47.7
Hogs
59.8 91.3 92.6 69.9 65.8 68.2 89.7 55.4 85.7 67.1
Cotton
89.6 113.5 117.7 85.4 91.2 101.2 131.9 125.8 65.8 81.3
27.6 42.3 28.3 31.7 35.0 40.8 34.5 31.0 69.5 69.6
Wheat.. .
1 Latest week is preliminary.
f Weekly average, 1928-30=100.
X Average same week, 1930-32=100.
See weekly supplement of June 1,1933, for explanation. § 1933 indexes are based on reports from 90 cities; earlier data cover 101 cities.
WEEKLY BUSINESS STATISTICS
ITEM
Dec. 30
COMMODITY PRICES, WHOLESALE
0.080
Copper, electrolytic, New York
dolls, per Ib
.103
Cotton, middling, spot, New York
dolls, per lb_.
1.92
Food index (Bradstreet's)
—.
..dolls, per lb—
32.42
Iron and steel composite ...
dolls, per ton
,81
Wheat, No. 2 Hard Winter (K.O.)
dolls, per bu._
Banking:
FINANCE
2, 367
Debits, New York City
mills, of dolls..
2,538
Debits, outside New York City
mills, of dolls..
Federal Reserve banks:
2,674
Reserve bank credit, total
mills, of dolls..
111
Bills bought
.
mills, of dolls. .
111
Bills discounted mills, of dolls.
2,432
U.S. Government securities
mills, of dollsFederal Reserve reporting member banks: §
10, 866
Deposits net demand
mills of dolls
4,339
Deposits, time..
mills, of dolls—
8,264
Investments total
mills of dolls
5,267
U.S. Government securities
mills, of dolls8,402
Loans, totaL
mills, of dolls..
3,628
On securities
mills of dolls
4,774
All other
mills of dolls
1.00
Interest rates, call loans
percent..
1.25
Interest rates, time loans
......percent..
Exchange rates:
6.138
French franc (daily av.)
_
cents..
5.12
Pound sterling (daily av.)
..-.dollars
229
Failures, commercial
..number,.
Gold and money:
34.06
Gold price (daily av )
dolls per ounce
Money in circulation
_.
.
mills of dolls
5,840
Security markets:
61, 300
Bonds sales, N.Y.S.E
thous. of dolls, par value-83.94
Bond prices, 40 corporate issues.dollars-Stock sales, N.Y.S.E
thous. of shares7,733
Stock prices (IV. Y Times)
dolls per share
84.25
Stock prices (421) (Standard Statistics)
1926=100..
68.8
77.5
Industrial (351)
..
.
1926=100
Public utilities (37)
..1926=100
63.9
Railroads (33)
1926=100..
39.4
PRODUCTION, CONSTRUCTION, AND
Production:
DISTRIBUTION
Automobiles (Cram's estimate)
number..
13, 896
Bituminous coal (daily av.)
thous. of short tons..
1,289
Electric power
mills, of kw-hrs—
1,539
Petroleum
thous. of bbl_.
2,140
Steel ingots (Dow-Jones estimate) pet. of capacity..
30
Construction-contract awards (da. av.). thous. of dolls..
5,516
Distribution:
Exports:
Corn..
... thous. of bu_.
30
Wheat
_
.thous. of bu_.
985
Wheat
flour__
thous. of bbl..
51
Freight-car loadings, total
cars.. 450, 622
Coal and coke
_— .
cars
121,384
Forest products
_
cars
11,695
Grain and products
cars..
20, 325
Livestock
.
.
cars
11,682
Merchandise, l.c.l.
cars
124, 361
Ore
.
cars
2 078
Miscellaneous
cars
159, 097
Receipts:
Cattle and calves
thousands
133
Hogs..
_
thousands..
386
Cotton into sight
thous of bales
233
Wheat, at primary markets
thous. of bu..
2,192
Wool, at Boston, total-thous. of lb__
5,594
1933
Dec. 23 i Dec. 16
Jan. 7
1933
Jan. 2
Dec. 31
1931
Jan. 3
Dec. 26
1930
Dee. 27
1929
Dec. 28
0.079
.103
1.87
32.42
.79
0.077
.102
1.93
32.42
.82
0.048
.063
1.63
28.83
.43
0.048
.061
1.64
28.99
.40
0.073
.065
1.95
29.96
.51
0.069
.064
1.97
30.16
.51
0.102
.102
2.42
31.66
.69
0.102
.098
2.47
31.66
.70
0.178
.173
2.99
35.88
1.25
0.178
.174
3.12
35.89
1.22
3,125
3,208
2,818
2,727
3,713
3,809
2,315
2,269
3,495
3,309
4,707
4,042
6,623
5,295
6,351
4,993
8,659
6,088
7,204
5,115
2,686
113
115
2,432
2,677
116
118
2,432
2,163
33
251
1,851
2,168
33
267
1,851
2,202
327
1,024
803
2,006
257
911
758
1,373
364
251
729
1,425
260
448
642
1,582
392
632
511
1,723
355
763
485
10, 680
4,354
8,235
5,288
8,459
3,600
4, 859
1.00
1.08
10, 775
4,356
8,048
5,148
8,471
3,596
4,875
1.00
1.25
11, 113
4,653
7,906
4,916
8,802
3,751
5,051
1.00
.56
11,051
4,622
7,910
4,916
8,871
3,789
5,082
1.00
.55
3.30
3.70
3.13
3.50
3.30
3.00
2.00
3.00
6.00
5.00
5.63
5.00
6.125
5.11
250
6.103
5.09
260
3.903
3.34
596
3.902
3.33
485
3.921
3.40
612
3.930
3.42
563
3.927
4.85
542
3.930
4.86
456
3.937
4.88
501
3.941
4.88
396
34.06
5,870
34.01
5,784
5,669
20.67
5,704
20.67
5,666
5,727
4,909
4,977
4,866
5,021
59, 500
82.91
8,716
83.06
68.1
76.2
64.9
39.5
58, 500
83.12
9,064
86.08
72.4
80.5
71.3
41.7
44,900
78.62
3,868
57.32
49.3
46.4
82.9
26.8
59, 816
77.15
5,576
54. 82
45.7
42.9
78.2
24.2
70, 864
76.82
8,792
71.53
55.3
51.9
92.2
31.5
50, 303
76.80
6,011
73.24
54.7
51.4
90.6
31.7
55, 620
95.21
11, 734
145. 85
113.2
105.0
163.4
99.5
46, 143
94.23
9,425
142. 24
107.6
99.6
158.1
92.0
39, 587
93.87
13, 159
205.16
155. 7
148.4
208.4
134.7
42, 295
93.76
13,053
198. 60
150.9
144.3
196.6
134.1
18, 008
1,197
1,657
2,290
33
8,540
16, 762
1,227
1,644
2,353
33
9, 452
25, 479
1,156
1,461
1,777
16
25, 598
1,160
1,415
1,698
14
3,368
18, 592
1,142
1,524
2,209
22
14, 777
1,066
1,676
2,293
20
5,040
20, 416
1,591
1,597
2,082
36
20, 748
1,396
1,617
2,127
24
9,474
25, 952
1,887
1,680
2,652
59
23, 967
1,563
1,638
2,608
39
14, 641
1
783
43
527, 067
128, 393
17, 877
24, 423
14, 931
155, 179
3,736
182, 528
39
1,240
53
554, 832
132, 919
19, 837
29, 810
17, 470
159, 413
3,369
191, 964
4
596
49
435, 652
108, 363
12, 242
24, 108
15, 709
133, 534
1,216
140, 480
61
234
55
406, 779
104, 166
9,449
22, 029
13, 350
127, 271
1,455
129, 059
0
1,068
85
502, 727
112, 268
13, 721
23, 960
18, 301
149, 502
2, 289
182, 686
4
641
183
440, 899
94, 005
13, 690
20, 514
13, 431
150, 441
3,605
145, 213
3
238
206
614, 860
151, 933
23, 977
32, 693
20, 986
168, 209
4,889
212, 173
5
274
179
536, 292
125, 095
20, 695
26, 667
17, 625
166, 731
4,281
175, 198
107
1,996
168
775, 755
183, 612
40, 818
41, 133
22, 431
197, 423
8,847
281, 491
90
900
202
639, 389
146, 893
27, 837
31, 584
17, 220
187, 249
6,407
222, 199
186
589
295
3, 366
2, 725
234
597
306
2,254
317
153
451
222
2,522
1,530
127
425
271
2,785
507
166
578
343
2,743
406
82
357
327
2,468
227
553
171
5,527
1, 951
147
433
211
5,537
1,469
190
517
238
4,026
2, 252
141
385
276
3,918
3,553
746
§ Statistics cover 90 cities. Comparable figures not available prior to 1932, but adjustments have been made in indexes in preceding table.
Jan. 4
22
SURVEY OF CURRENT BUSINESS
January 1934
Monthly Business Statistics
The following summary shows the trend of industrial, commercial, and financial statistics for the past 13
months. Statistics through December 1931 for all series except those marked with an asterisk (*) will be
found in the 1932 Annual Supplement to the Survey of Current Business, together with an explanation of the
sources and basis of the figures quoted. Series so marked represent additions since the Annual was issued and
similar information, if published, will be found in the places noted at the bottom of each page. Later data will
be found in the Weekly Supplement to the Survey.
1933
Monthly statistics through December 1931, 1933
together with explanatory footnotes and references to the sources of the data, may be found Novem- Novem- DecemJanuary
in the 1932 Annual Supplement to the Survey
ber
ber
ber
1933
February
March
April
May
June
July
August Septem- October
ber
BUSINESS INDEXES
BUSINESS ACTIVITY ( Annalist)!
69.2
Combined index
normal = 100_ .
64.7
64.8
32.7
Automobile production
normal = 100_ _
28.2
52. 8
Boot and shoe production
normal = 100. _
100.3
88.8
59~4
Carloadings, freight
normal = 100
57.6
58.9
Cement production..- _
normal = 1 00. _
46.9
41.5
83.8
Cotton consumption
normal = 100
84. 2
90.3
89. 4
Electric power production
normal =100..
85.2
84.7
Lumber production
normal = 100. _
53. 1
34.6
37.0
37.2
Pig-iron production _ _ _ _ _ normal = 1 0 0
23.2
19.8
59. 2
Silk consumption. ... __ _ _ _ normal = 1 00. _
78.5
78.5
29 2
Steel-ingot production
normal = 100
41.9
25.5
Wool consumption _
normal = 100
83^0
82.5
Zinc production
normal = 100. _
GO. 3
33.3
36.7
INDUSTRIAL PRODUCTION (F.E.B.)
Total, unadjusted
1923-25 — 100
73
65
60
Manufactures unadjusted
1923-25 = 100, _
71
63
58
Automobiles
1923-25 — 100
20
32
18
Cement
1923-35 = 100..
38
34
53
97
Food products
- 1923-25=100
86
87
Glass, plate
_. „ _ _ -1923-25 = 100
54
53
57
44
Iron and steel
1923-25 = 100..
24
29
86
Leather and shoes §
1923-25 = 1 00. .
85
73
Lumber
1923-25 = 100..
29
20
20
Paper and printing
1923-25=100..
89
81
Petroleum refining
1923-25 = 100..
132
138
Rubber tires and tubes
1923-°5 — 100
55
46
Shipbuilding
1923-25 = 100,.
119
60
Textiles
1923-25-100
95
86
93 ~
Tobacco manufactures
. 1923-25 — 1 00
91
106
Minerals, unadjusted
1923-25 — 100
84
72
78
Anthracite
_ _ 1923-25-100
75
67
74
Bituminous coal
1923-25 — 100
74
70
Iron ore shipments
_ 1923-25 = 100
6
19
Lead
.
1923-25 = 100..
74
47
39
Petroleum, crude.
1 923-25 = 1 00 _ _
1 15
105
93
Silver
.
.1923-25-100
39
30
Zinc
1923-25 = 100
72
35
40
Total, adjusted
1923-25 = 100..
73
65
66
Manufactures, adjusted
- 1923-25 — 100
63
64
71
Automobiles
1923-25 - 100
32
31
60
Cement
1923-25 — 100
53
39
43
C>9
Food products
1923-25—100
83
84
Glass, plate
. . .. -1923-25-100
59
72
Iron and steel
1923-25 = 100,.
47
31
28
Leather and shoes §
1923-25=100..
89
89
85
Lumber
1 923-25 — 1 00
21
23
30
Paper and printing
-1923-25 = 100
87
86
Petroleum refining . _
-1923-25 — 100
138
132
Rubber tires and tubes
1923-25 = 100..
73
67
Shipbuilding
1923-25 = 100.
136
78
Textiles
1923-25-100
92
" 89
91
Tobacco manufactures
1923-25 = 100. _
104
...
112
Minerals, adjusted
1923-25 = 100 75
76
Anthracite
1923-25 = 100-.
73
65
75
Bituminous coal
.
1923-25 — 100
64
66
66
Iron ore shipments
1923-25=100
23
7
Lead
1923-25—100
45
71
39
Petroleum, crude
1923-25 = 100..
116
106
96
Silver. ...
1923-25 = 100
37
30
Zinc
1923-25 — 100
35
39
INDUSTRIAL CONSUMPTION OF
ELECTRICAL ENERGY
Consumption by geographic sections:
Total, United States
1923-25=100..
102.4
79.4
87.7
Middle Atlantic
1923-95 — 100
114. 2
83.3
91.3
New England
1923-25 — 100
105. 0
75.2
84.0
North Central
1923-25=100..
94. 5
72. 1
78.5
Southern
1923-25 — 100
111.4
104.4
94.1
Western
. 1923-25=100
120.2
101.3
93.8
Consumption by industries:
Total, all industries.
1923-25= 100. _
102. 4
79.4
87.7
Automobiles, including parts and accessories
1923-25—100
54.3
47.3
56.2
Chemicals and allied products
163. 0
130.1
124.3
1923-25=100..
124, 1
Food products
1923-25 = 100..
121.3
103.2
Leather and products
1923-25=100..
90. 8
95.4
79.8
Lumber and products
1923-25 = 100. . 107. 1
96.2
83.5
0
Revised,
f Revised series. For earlier data see p. 19 of the Oc tober 1933 issue,
§ Series revised. For earlier data see p. 19 of this is sue. Re1visions di d
amount.
v Preliminary.
58.5
27.0
94.6
51.4
36.0
81.1
80.0
35.2
16.S
64.0
19. 5
52.4
40.5
64.1
40.9
104.6
55.2
34.8
83.8
84.0
38.8
19.5
83.6
33.1
68.8
42.4
72.5
47.9
128.2
57.0
40.2
112.3
87.4
47.1
27.8
91.4
47.9
114.6
42.7
83.4
63.6
135.2
61.4
49.2
140.3
93.0
59.5
43.1
105. 4
69.3
146.5
51.3
89.5
67.8
133.0
66.2
56.2
138.3
96.9
71.1
64.4
85.2
92.7
144.0
66.4
83.6
64.6
116.0
62.3
47.5
121.3
94.6
72.5
64.9
71.3
75.9
120.3
70.2
76. 4
60.7
97.6
00. 6
34.4
97. 6
* 92. 7
56. 7
54.7
52.0
67
68
57
34
99
61
39
91
26
88
140
76
31
88
107
65
45
46
46
102
36
41
65
64
48
38
88
88
30
86
26
P84
132
59
91
87
113
73
53
57
41
108
33
46
63
61
33
41
84
63
31
92
20
*84
132
54
181
83
115
79
64
63
46
120
48
46
60
56
27
40
84
54
22
84
22
*82
135
41
144
76
99
81
77
51
45
108
36
47
66
66
44
35
101
55
35
93
24
?85
140
65
32
85
116
72
44
55
45
107
36
39
40
110
30
43
45
122
44
44
45
108
36
45
80
80
64
50
98
96
53
101
32
*94
147
118
31
108
145
76
43
50
21
36
136
29
46
78
78
51
42
99
88
49
110
30
p 92
147
94
25
108
143
78
43
57
14
37
134
30
45
91
93
75
64
99
120
72
110
40
*102
153
139
20
126
147
82
57
57
30
42
137
23
53
92
93
66
51
100
118
72
114
38
*101
154
115
16
133
135
84
65
64
15
41
134
24
55
96
97
73
68
97
148
93
114
45
97
154
140
28
121
126
89
55
69
81
34
135
29
66
100
101
70
56
100
150
100
116
46
r 104
155
143
19
130
117
90
67
76
40
36
132
34
71
90
89
67
65
87
137
' 79
113
49
98
153
110
22
P108
131
94
61
74
117
35
136
28
77
91
91
61
50
95
135
80
102
46
v 102
153
111
15
114
123
91
61
75
57
36
134
28
77
85
84
62
46
82
132
54
64
92
107
71
57
63
1
89
68
33
93
20
"86
132
58
129
88
104
76
68
67
60
58
33
29
90
59
25
87
23
*84
135
45
112
78
94
74
63
51
81.9
85.7
75.5
76.3
90. 1
100.0
85.8
91.8
79.8
80.5
99.3
102.0
75.3
80.8
70.2
67.8
85.9
95.8
84.4
86.3
73.8
79.8
99.8
103.2
92.9
97.3
85.7
89.1
103.9
107.0
104.5
108.8
104.7
97.8
121.3
111.6
112. 9
119.3
110.1
107.8
125. 7
118.3
106.2
114.4
108. 1
101.5
114.8
111.7
107.7
116.4
110.4
104. 1
121. 3
112.8
- 102. 0
113.7
105. 0
o 96. 7
u
112.0
* 113.3
81.9
85.8
75.3
84.4
92.9
104.5
112.9
106.2
107.7
'-'102.0
59.2
61.2
42.6
54.8
58.9
65.5
66.6
63.7
61.8
126.0
107.5
83.6
90.4
130.0
112.5
95.0
91.0
115.6
101.5
81.4
84.7
121.0
119.7
82.5
89.5
127.1
126.2
93.5
91.3
135.7
136. 0
100.2
98.3
152. 0
149.8
102.7
102.0
152.5
133.3
101.2
99.7
159.6
137. 0
92. 4
100. 3
63.1
47.7
93.5
56.5
36.9
82.9
82.3
40.7
19.8
73.2
26.5
74.0
37.2
64
63
40
23
94
78
29
80
61.7
31.7
101.3
55.3
36.7
80.2
82.6
34.0
20.1
57.4
28.2
72.0
40.5
&
,
a
105^2
71.0
" 72.4
51.3
101. 1
59. 0
31. 5
90.4
" 89. 4
" 53. 1
-J5. 0
4U. 6
54. 9
102. 4
71,2
0
113
65
106
37
v 102
157
9S
20
99
128
93
75
69
131
54
78
4.
40
86
73
59
102
34
102
152
J
u
n<4
116
•S8
71
f]7
108
66
" 122
?5
77
• > 76
46
35
So
73
61
" 93
33
p 99
152
90
84
S3
56
37
105
112
66
36
» 101
157
103
20
99
115
87
74
65
68
57
125
39
77
" 91
108
81
55
Ml
a
2
120
33
•' 52. 1
:
a
100. 0
120. 3
« 91. 2
" 100. {>
not ch£inge the c ornbined indexes e .cept for ii few moriths and i Q these ir stances b y a slight
23
SURVEY OF CURRENT BUSINESS
January 1934
1932
Monthly statistics through December 1931, 1933
together with explanatory footnotes and references to the sources of the data, may be found Novem- Novem- Decemin the 1932 Annual Supplement to the Survey
January
ber
ber
ber
1933
F
sr Mar*
April
May
June
1
July
August
Septem- October
ber
BUSINESS INDEXES—Continued
INDUSTRIAL CONSUMPTION OF
ELECTRICAL ENERGY— Continued
Consumption by industries— Continued.
Metals, group
1923-25 = 100
Electrical apparatus
1923-25= 100..
Metal-working plants
1923-25=100..
Rolling mills and steel plants
1923-25=100..
Paper and pulp
1923-25=100
Rubber and products
1923-25=100..
Shipbuilding
.
1923-25=100
Stone, clay, and glass
1923-25=100..
Textiles
1923-25 = 100
75.0
112.6
77.0
57.5
85.6
56.1
54.0
76.0
52.7
58.4
74.0
52.8
64.2
83.3
58.4
50. 5
75.0
50.5
58.0
89.4
55.3
65.5
104.1
63.7
75.3
106.9
72.6
85.3
114.0
79.6
80.7
108.4
76.4
83.8
115.2
80.6
111.7
79.0
72.0
133 5
114.8
86.2
91.2
108 5
56.6
113 6
93.0
84.0
81.9
93 0
53.3
98 8
77.2
84.0
56.2
86 5
54.7
104 4
85.2
83.5
58.5
85 0
60.6
111 0
91.0
89.2
67.2
84. 1
50.5
95 2
68.0
71.5
68.8
79.0
62.3
102 3
82.0
73 0
74.5
86 0
68.8
112 0
124.5
71.3
90.0
96.4
79.8
126 5
146.4
75.7
102.0
118. 2
95.0
130 2
157^0
75.7
88.3
130 0
143.5
80 0
105.1
110 3
89.3
139 5
131.0
83 5
100.4
109 2
83.5
°134 2
113.8
0
83 5
«85.8
a 107 4
1923-25=100_.
1923-25=100
..1923-25=100..
1923-25 = 100
__ 1923-25 =100..
1923-25 = 100..
1923-25=100
1923-25 = 100
1923-25 = 100
1923-25=100
1923-25 = 100
.- 1923-25=100.
1923-25=100
. .1923-25=100 .
1923-25 = 100. .
1923-25 = 100
105
92
96
82
120
84
119
209
108
84
84
74
117
84
133
246
77
54
70
51
40
47
77
92
82
81
87
68
119
38
84
136
63
45
61
47
45
42
70
90
76
81
101
75
88
60
70
94
68
43
75
51
44
47
32
91
61
69
89
63
76
63
52
53
65
38
76
51
37
48
23
88
66
76
102
63
104
30
55
49
65
40
105
54
35
50
33
101
73
86
97
68
137
92
103
131
79
153
91
102
144
79
108
49
60
131
81
399
81
49
74
60
83
57
25
53
69
98
60
111
90
86
63
27
57
122
113
62
65
100
103
66
27
60
135
111
91
95
130
73
84
534
87
62
73
131
51
65
30
63
135
79
85
100
126
92
76
344
69
69
72
76
49
118
111
109
124
66
167
126
19-4
92
79
89
126
87
102
87
70
115
166
30
63
125
34
55
101
Domestic stocks
1923-25=100
Manufactured goods
__ 1923-25 = 100. _
Chemicals and allied prod.. .1923-25 = 100. _
Food products
1923-25 = 100
Forest products
1923-25= 100. _
Iron and steel products
1923-25=100..
Leather
1923-25 = 100
Metals, nonferrous. - ..... 1923-25 =100..
Paper newsprint
1923-25=100
Rubber products . 1923-25=100.
Stone clay and glass
1923-25=100
Textiles
1923-25 - 100
Raw materials
.1923-25=100.
Chemicals and allied prod. ..1923-25= 100—
Foodstuffs
1923-25 = 100
Metals
— .1923-25=100—
Textile materials
1923-25=100
World stocks —foodstuffs and raw materials:
Total
1923-25 = 100..
Coffee — adj, for seasonal
1923-25=100
Cotton— adj. for seasonal
1923-25=100..
Rubber— adj. for seasonal.. _. 1923-25= 100, _
Silk— adj. for seasonal
1923-25=100
Sugar— adj. for seasonal
1923-25 = 100. _
Tea— adj. for seasonal
1923-25=100..
Tin— unadjusted
1923-25=100—
Wheat — adj. for seasonal
1923-25=100
171
110
115
101
117
96
84
153
75
103
153
183
215
121
218
124
294
157
98
121
67
103
85
85
191
117
82
146
82
199
122
185
106
287
153
96
121
66
108
81
83
193
83
81
159
76
J93
117
177
109
282
149
97
122
69
107
80
85
196
90
78
160
143
97
120
G9
105
85
82
200
89
80
163
139
97
123
09
103
133
95
133
97
134
101
112
79
101
87
82
107
109
94
104
81
142
108
112
126
109
99
81
154
186
112
Ifi9
95
277
177
104
164
86
259
140
104
109
121
100
101
82
167
74
77
153
123
167
85
216
92
175
153
109
120
119
110
100
82
153
73
%
162
151
185
104
°16
113
215
260
434
239
328
188
306
153
228
204
262
426
229
330
193
314
155
220
217
263
402
229
326
206
312
145
212
236
259
394
212
328
220
331
147
207
220
113.5
121 3
80 7
MARKETINGS
Agricultural products*.
Animal products
Dairy products . Livestock
Poultry and eggs
Wool
Crops
Cotton
Fruits
..
Grains
Vegetables
Forest products
Distilled wood
Lumber
..
Naval stores. . .
Pulp wood
.-
56
71
81
9gg
106
77
108
49
59
97
STOCKS
216
333
144
125
So
81
206
88
80
164
81
169
99
163
119
69
101
82
83
207
81
76
159
81
161
201
90
77
79
159
185
64
74
154
105
159
93
160
90
171
87
189
1 55
82
240
78
225
84
206
261
375
267
36°
269
343
231
330
217
236
331
225
255
326
320
158
209
°08
84
183
267
340
949
348
344
317
167
204
171
201
164
192
C8
208
9
219
266
344
245
357
216
308
159
183
232
80
167
j23
167
89
213
103
174
fj
330
253
"341
242
" 346
294
151
161
233
274
148
145
933
.~27
" 167
a 109
a
117
a
105
113
99
82
a 149
73
a Qg
a 159
a
177
a
209
116
" 924
192
979
343
225
» 338
9
78
148
134
°19
COMMODITY PRICES
COST OF LIVING (N.I.C.B.)
Total all groups
Clothing
Food
Fuel and light--Housing
.
Sundries
1923 — 1 00
1923=100—
1923-100
1923 = 100..
. . 1923 = 100
1923 = 100
77 8
77.8
73.0
87.4
62.8
91 5
75 6
64.0
68 0
86.5
68. 7
91 5
75 1
63.5
67 6
86.3
67.5
91 3
73 7
62.6
64 9
86.0
66.4
90 7
72 1
61.8
62 2
85.9
65 4
89 4
"1 8
61 2
61 9
85 8
64 6
89 ±
ov. 4
71 5
60*7
61 9
84 6
64 0
89 3
71
76
78
81
74
59
105
62
54
47
68
57
34
57
115
43
52
43
69
59
33
52
121
45
51
45
68
59
34
51
96
46
49
44
62
57
34
53
57
44
50
48
59
60
36
56
54
43
53
49
59
66
47
72
60
64
82
63
89
1
7
1
8
5
4
7° 8
61 6
66
82
03
89
2
2
4
3
75 2
63 9
71 7
82*6
63 2
90 3
76
70
73
84
63
91
9
0
0
3
2
8
77
75
73
85
63
99
9
6
2
9
6
3
78
77
73
87
63
91
0
7
4
0
2
4
FARM PRICES (Dept. of Agri.) §
Total, all groups
Cotton and cottonseed
Dairy products *
Fruits and vegetables
Grains
Meat animals
Poultry products *
Unclassified
1909-14=100
1909-14=100—
1909-14 = 100
1909-14 = 100-.
1909-14=100
1909-14 = 100 .
1909-14=100..
1909-14=100
56
44
62
65
63
68
64
69
Q9
63
66
65
62
47
- 4
4-8
84
71
103
94
66
67
51
71
72
120
81
63
67
54
70
69
76
101
78
62
77
53
70
71
78
86
68
63
94
56
RETAIL PRICES
Department of Labor indexes:
Coal
Food
1913-100
1913 = 100-
15*)
167
15°
160
166
107
94
107
97
105
107
a
Revised.
* New series. See p. 18 of the March 1933 issue (marketings) and p. 20 of May 1933 issue (prices).
§ Data for Dec. 15: Total, 68, cotton and cottonseed 77, dairy products 76, fruits and vegetables 83, grains 73, meat animals 52, poultry products 95, unclassified 63.
168
107
172
99
173
99
172
95
171
91
170
91
164
90
24
SURVEY OF CUREENT BUSINESS
Monthly statistics through December 1931, 1933
1932
together with explanatory footnotes and references to the sources of the data, may be found Novem- Novem- Decem- January February
ber
in the 1932 Annual Supplement to the Survey
ber
ber
January 1934
1933
March
April
May
June
July
August Septem- October
ber
COMMODITY PRICES—Continued
RETAIL PRICES— Continued
Fairchild index:
Combined index*
.
Dec. 1930=100.,
Apparel:
Infants' wear*
Dec. 1930=100
Men's*
_
.Dec. 1930=100..
Women's*
.
Dec. 1930=100..
Home furnishings*
Dec. 1930=100
Piece goods* .
.Dec. 1930 =100. .
WHOLESALE PRICES
Department of Labor index:
Combined index (784)
.1926 = 100.Economic classes:
Finished products
1926 = 100
Raw materials
1926=100..
Semimanufactures
1926 = 100
Farm products
. . . 1926=100 .
Grains ._
..1926 = 100..
Livestock and poultry
1926=100
Foods
.
1926=100..
Dairy products
1926 = 100..
Fruits and vegetables
1926=100
Meats.
1926=100..
0 ther products
1926 = 100
Building materials . . . . 1926 = 100..
Brick and tile
1926=100
Cement
1926=100
Lumber
1926 = 100_.
Chemicals and drugs
1926=100
Chemicals
.
1926=100 .
Drugs and Pharmaceuticals. 1926 =100. .
Fertilizer materials
1926=100
Fuel and lighting
.1926=100..
Electricity
1926=100
Gas
. ..
1926=100
Petroleum products
1926 = 100. .
Hides and leather
1926=100
Boots and shoes
1926=100
Hides and skins
1926 = 100..
Leather
1926 = 100
House furnishing goods
1926=100..
Furniture
1926 =100
Furnishings .
1926=100
Metals and metal products.. .1926 = 100..
Iron and steel
1926 = 100
Metals, nonferrous _
1926=100
Plumbing and heating equipment
1926 = 100 _
Textile products..
1926=100..
Clothing
1926=100..
Cotton goods. . . .
1926=100
Knit goods
1926=100..
Silk and rayon .
1926=100.
Woolens and worsted
1926 = 100..
Miscellaneous
1926=100..
Auto tires and tubes
1926=100..
Paper and pulp
1926 = 100
Other wholesale price indexes:
Bradstreet's (96)
.1926=100..
Dun's (300) . .
.. .
1926=100
World prices, foodstuffs and raw materials:
Combined index*
..1923-25 = 100. .
Coffee*
1923-25=100..
Copper*....
... 1923-25=100..
Cotton* . _
1923-25 = 100 .
Rubber*
__
.
1923-25 = 100 .
Silk*
1923-25 = 100..
Sugar*
1923-25=100 .
Tea*
.
.
1923-25=100
Tin*
1923-25 — 100
Wheat*
...1923-25=100..
Wholesale prices, actual. (See under respective commodities.)
PURCHASING POWER OF THE
DOLLAR
Wholesale prices*...
1923-25 = 100..
Retail prices*
1923-25=100..
Farm prices* ._
. 1923-25 — 100
Cost of living*
..1923-25 = 100..
88.0
72.6
71.8
71.1
69.9
69.7
69.4
70.4
72.3
76.1
82.5
86.0
87.1
90.5
86.2
90.5
85.9
84.8
76.9
73.9
74.3
74.0
70.3
77.1
73.0
74.1
73.0
69.6
77.2
72.4
72.7
72.5
67.7
76.7
71.6
71.9
71.5
66.1
76.4
71.2
71.7
70.9
65.8
76.4
70.7
71.8
70.2
65.1
77.5
71.0
72.3
71.1
67.2
78.7
71.8
73.7
72.8
69.6
80.7
75.1
78.2
77.8
74.8
85.4
80.4
85.7
81.7
80.2
91.2
82.9
89.3
83.7
81.8
91.3
85.6
90.5
85.0
82.8
71.1
63.9
62.6
61.0
59.8
60.2
60.4
62.7
65.0
68.9
69.5
70.8
71.2
75.2
62.4
71.4
56.6
61.3
41.2
64.3
67.2
61.7
48.2
77.2
84.9
84.7
91.2
86.5
73.4
79.2
58.4
67.8
73.5
99.0
70.1
79.3
81.0
79.4
82.8
82.7
81.5
68.0
69.3
54.2
58.9
46.7
33.2
41.9
60.6
62.3
52.4
53.7
69.8
70.7
75.4
79,0
56.6
72.4
79.7
55.0
63.5
71.4
103.1
100.0
48.2
71.4
84.2
46.1
61.9
73.7
72.7
74.7
79.6
79.4
49.1
68.4
52.1
57.7
44.1
31.7
38.7
58.3
59.5
52.8
49.4
69.0
70.8
75. 1
81.1
56.5
72.3
79.7
54.7
63.1
69.3
104.1
96.5
45.0
69.6
83.8
41.7
59.2
73.6
72.7
74.7
79.4
78.8
48.3
66.7
50.2
56.9
42.6
32.9
37.8
55.8
55.2
53.0
49.5
67.3
70.1
74.9
81.2
55.9
71.6
79.3
54.9
62.3
66.0
103.2
96.7
38.7
68.9
83.3
43.0
57. 1
72.9
72.3
73.5
78.2
78.5
46.4
65.7
48.4
56.3
40.9
32.7
40.1
53.7
52.4
52.4
50.2
66.0
69.8
75.1
81.8
56.4
71.3
79.0
54.8
61.5
63.6
102.9
96.6
34.3
68.0
83.3
40.9
55.3
72.3
71.9
72.9
77.4
77.3
46.2
65.7
49.4
56.9
42.8
36.0
43.0
54.6
50.9
54.3
50.5
65.8
70.3
74.9
81.8
57.8
71.2
79.3
54.8
61.9
62.9
100.5
96.6
33.1
68.1
83.2
41.4
55.6
72.2
71 8
72.9
77.2
76 4
47.9
65.7
50.0
57.3
44.5
44.8
41.0
56.1
53.1
57.8
50.3
65.3
70.2
75.0
81.8
57.9
71.4
79.5
54.6
62.9
61.5
98.3
97.5
32.5
69.4
83.2
45.8
57.2
71.5
71 5
71.7
76.9
75.7
49.2
67.2
53.7
61.3
50.2
52.8
46.8
59.4
58.8
58.8
52.3
66.5
71.4
75.2
81.8
59.6
73.2
80.9
55.0
66.8
60.4
94.6
103.3
31.2
76.9
83.6
67.3
68.3
71.7
71 6
72.0
77.7
75.2
56.6
69.0
56.2
65.3
53.2
57.4
46.6
61.2
63.1
63.9
52.4
68.9
74.7
77.0
81.8
67.4
73.7
81.5
55.5
68.0
61.5
91.4
101.7
34.4
82 4
85.5
81.4
74.3
73.4
73 4
73 6
79.3
76 2
63.2
72.2
61.8
69.1
60.1
73.4
47'.4
65.5
66.1
75.6
50.8
72.2
79.5
78.2
88.2
75.9
73.2
80.3
56.8
68.6
65.3
89.4
100.2
41.3
86.3
88.3
88.7
78.0
74.8
74.6
75.1
80.6
77.7
67.6
73.4
60.6
71.7
57.6
64.6
45.9
64.8
65.7
71.1
51.0
74.1
81.3
81.5
90.3
79.4
73.1
79.6
57.6
69.0
65.5
88.8
99.5
40.9
91.7
96.1
91.5
82.5
77.6
76.8
78.6
81.2
78.6
68.2
74.8
61.7
72.9
57.0
63.9
46.7
64.9
65.8
66.8
51.5
76.1
82.7
82.6
90.8
82.0
72.7
78.8
56.8
66.6
70.4
90.4
101.5
49.6
92.3
98.9
84.1
85.4
79.3
78.4
80.5
82.1
80.3
68.5
75.4
61.8
72.8
55.7
58.2
45.4
64.2
66.0
62,5
51.0
77 2
83. 9
84 6
91.2
84.2
72 7
78.6
56.8
67.6
73.6
92 3
100.5
52.7
89.0
98.9
71.2
83.2
81.2
79 8
82 8
83.0
82. 4
67.0
73.7
76.8
88.0
86.0
72.5
30.4
84.4
65.5
43.2
82 5
67.5
53.9
62.2
53.6
51.0
29.5
55.3
63.7
44.6
73 4
67.5
53.0
62.5
51.7
49.3
29.3
54.2
63.4
44.6
73 0
62.8
51.9
61.9
50.1
48.4
27.0
53.4
61.2
44.6
72 0
59.4
51.2
61.2
49.1
48.3
25.6
53.2
59.2
42.6
72.1
59.4
51.3
61.3
50.0
47.1
25.5
53.2
58.9
41.3
72 2
59.4
51.8
61.4
50.7
47.2
26.3
53.3
57.8
37.4
70 6
61.3
55.9
61.9
57.9
48.0
29.1
61.5
58.9
37.6
70 7
67.4
61.5
64.5
67.1
50.9
35.2
68.8
60.8
40.1
73 5
69.4
68.0
70.6
80.2
55.2
37.9
72.3
64.0
41.4
78.1
70.3
74.6
74.4
93.5
69.4
34.6
78.9
65.4
43.2
81.0
74.7
76.9
81.1
91.3
74.8
34.5
82.7
65.1
43.2
82.2
74. 7
77.1
84.8
88.8
74.7
32.0
84.5
65.3
43.2
82 4
68.2
84 6
53.3
71.0
52.6
69.0
50.6
68 1
49.2
67.7
50.6
68 0
54.1
70 8
62.1
74 2
64.5
79 1
69.7
82.8
69.6
85.0
70.0
86.2
68.5
85.1
39.3
44.5
57.0
36 8
20 3
20.5
30.4
73 7
105 6
43.4
27.8
52.4
37.1
22 8
81
21.8
26 4
33 6
46 4
33.1
25.7
51.9
34.8
21 7
7 7
21. 7
20 9
28 0
45 1
31.2
25.1
48.4
34.6
22 8
7 2
18.2
18 0
29 2
45 2
32.0
24.9
47.0
34.6
22.4
6.9
16.8
18.5
40 0
46 7
30.0
27.0
47.0
36.2
25 7
70
16.5
23 9
39 8
48 4
30.1
28.6
44.5
39.0
25.4
83
18.5
27 9
38 1
54 0
32.9
34.2
46.5
48.4
31.6
11 6
22.2
32.7
39 6
71 4
38.8
37.6
45.5
56.2
35.3
14 4
30.1
34 7
42 3
87 9
39.9
42.8
45.5
62.5
39.7
18.8
31.8
38.4
52.1
92.3
50.3
39.7
45.0
63.4
35.3
17.1
26.3
36.9
63.2
89.0
42.8
41.5
45.0
63.3 '
35.7
17.0
26.4
39.9
77. 1
92 8
46.3
37.6
44.5
57. 5
35.7
17.9
23.0
33.7
72.8
95 3
34. 8
141.6
140.4
194.6
130.9
157.5
150.6
255 8
134.6
160.8
151.7
265 3
135. 5
165.0
158.0
270 3
138. 1
168.4
164.7
281 7
141.2
167.2
165.6
276 2
141.8 !
166.7
165.8
260 4
142. 5
160. 5
159.7
222 7
141.2
155.0
154.8
215.5
139.9
146.2
142.9
181.5
135.3
144.9
140.4
191.6
132.5
51.6
Q
00
142.2
140.1
197.2
130.7
'
i
1
i
141.4
139.7
197. 2
130.5
CONSTRUCTION AND REAL ESTATE
CONSTRUCTION CONTRACTS
AWARDED
Contracts awarded, F.R.B.:
a
44
24
25
30
35
Total, unadjusted
1923-25—100
21
24
22
19
18
16
14
16
12
12
13
13
14
Residential
1923-25=100..
13
10
8
7
13
11
7
8
24
21
30
Total, adjusted
1923-24=100..
"37
51
22
18
27
28
14
16
14
19
9
11
12
8
8
12
Residential
. .1923-24=100
8
13
13
13
13
10
10
F. W. Dodge Corporation (37 States):
Total, all types:
8,186
7,596
7,476
Projects
number.. 6,332
8,229
9,186
5,266
3,800
3,884
7,254
9,409
4,205
6,303
145, 367
Valuation
thous of dolls
162 341 105 302 81 219
83 356
52 712
59 959
56 573 77 172 102 980 82, 693 105, 989 120, 249
Nonresidential buildings: §
2,802
2,304
2,387
Projects
number.. 2,172
2,777
3,082
1, 582
3, 152
1, 363
1,466
1,532
2,254
2,535
6,470
6,335
8,330
6,978
7,137
Floor space...
thous. of sq. ft... 5,053
4,972
6,525
6,036
3,331
4,460
5,000
4,085
31,117
Valuation
thous. of dolls.. 27. 645 31. 845 24. 945 28. 732 23. 670 26. 359 23. 807 31. 639 50. 774 40, 122 32, 708 37, 951
* New series. For earlier data sea p. 19 of the December 1932 issue (Fairchild index); p. 20 of September 1932 issue (world prices); and p. 18 of the August 1933 issue
purchasing power of the dollar).
§ Data for this series have been revised for years 1930, 1931, and 1932, and may be found on p. 20 of the September 1933 issue.
* Revised.
25
SURVEY OF CURRENT BUSINESS
January 1934
1932
Monthly statistics through December 1931, 1933
together with explanatory footnotes and references to the sources of the data, may be found Novem- Novem- Decemin the 1932 Annual Supplement to the Survey
January
ber
ber
ber
1933
Febru-
ary
March
April
May
June
July
August
Septem- October
ber
CONSTRUCTION AND REAL ESTATE—Continued
CONSTRUCTION CONTRACTS
AWARDED— Continued
F. W. Dodge Corporation (37 States)— Con.
Public utilities: #
215
116
107
Projects
number6,938
4,116
6,451
Valuation
_.thous. of dolls..
Public works :#
1,445
832
966
Projects
-number-50, 096
36, 866
Valuation
thous. of dolls _ 104, 141
Residential buildings:
2,602
1, 903
2,500
Projects
- number
6,433
5, 490
3,437
Floor space
thous of sq ft
12, 958
23, 616
19, 245
Valuation
thous. of dolls
Engineering construction: ^
Total contracts awarded (E.N.R.)
thous. of dolls .- 147, 446 100, 443 103, 360
HIGHWAY CONSTRUCTION
Concrete pavement contract awards:
5,542
8,002
5,649
Total
.-thous. of sq. yd..
7,592
4,638
4,171
Roads only
thous. of sq. yd._
Highways:
Under construction (Federal Plighway Act):
Estimated total cost -. _ -thous. of dolls - 90, 368 250, 724 250, 978
98, 257
Federal-aid allotment
thous. of dolls.. 34, 862 101, 098
13, 349
3,942
12,978
Mileage, total
- - number
9,152
9,353
2,848
Initial
number-3,996
3,826
1,095
Stage (added improvement) --.number-Mileage completed to date
number - 116,961 103, 874 104, 562
Approved for construction (N.I.R.A.):*
Mileage
- -number. . 4,748
Public works funds alloted_ thous. of dolls.- 76, 619
Under construction (N.I.R.A.):*
Estimated total cost
thous. of dolls. - 134, 491
124 652
Public works funds alloted thous. of dolls
Federal aid funds alloted .. thous. of dolls..
5,071
Mileage
-- number. . 8,813
CONSTRUCTION COSTS
Building costs— all types (American Appraisal
145
146
Co) *
1913—100163
163
Building costs— all types (A. G. C.)-- 1913=100. .
167
158.5
158.2
Building costs— all types (E.N.R.) §.1913=100. . 190.1
166
Building costs— factory (Aberthaw) .1914 100. .
MISCELLANEOUS DATA
Construction—employment and wages:
Employment, Ohio. (See Employment.)
Wages, road building. (See Employment.)
39, 191
31, 168
Fire losses, United States
thous. of dolls.. 22, 454
Ship construction. (See Trans. Equipment.)
Real estate:
Home Loan Bank, loans outstanding *
"775
thous. of dolls.. 80, 699
52.9
Market activity
each month 1926=100
"~~50.T
New financing. (See Finance.)
89
7,974
93
4,726
150
2,499
114
2,390
176
5,640
164
5, 046
160
4,132
157
19, 395
173
3,425
210
6,995
451
34, 699
373
12, 510
701
15, 079
571
11,233
782
13, 372
933
19, 392
910
14, 809
1,251
32, 003
1,591
57, 324
1,718
85, 729
1,794
3,160
11,951
1,886
3,149
11,805
3,198
4,773
16, 021
4,034
5,814
19, 144
5, 299
8,352
26, 520
5,007
8,309
27, 768
4, 357
7,383
23, 630
4,001
6,369
21, 884
3,528
6,296
21, 549
3,161
6,868
21, 526
95, 392
60, 513
57, 934
49, 393
78, 198
104, 200
50, 368
74, 063
106, 677
141, 622
5,387
5,129
1,440
1, 280
1, 696
1, 478
570
379
1,902
1,633
1,861
1,54?
1,428
879
5,650
5,300
5,764
4,826
7,970
6,409
252, 372
95, 884
13, 301
9,347
3,953
105, 055
260, 185
97, 337
13, 561
9,550
4,011
105, 412
265, 673
98,311
13, 855
0,628
4,228
105, 645
269, 489
97, 551
14, 209
9,709
4,500
105, 835
260, 736
92, 669
13,657
9, 258
4, 400
106,554
242, 107
86, 141
12,384
8,397
3,986
107,869
222, 452
79, 844
11, 243
7,626
3,617
109, 125
191, 040
68, 270
9,339
6,443
2,896
111, 227
158, 443
57, 185
7,564
5,223
2,341
113, 237
121, 709
45, 420
5,517
3,937
1,580
115,377
4,648
72, 778
5,147
74, 731
34, 962
32, 893
1,063
2,305
92, 215
85, 989
3,177
5,910
,
i
|
" ""
_:_:"—
142
153
158.4
141
163
159.3
140
163
158.4
165
140
158
160.2
140
158
164.4
141
161
163.4
168
148
162
165. 5
150
165
167.0
151
166
175. 5
173
151
166
187.7
35, 548
36, 661
35, 321
27, 826
24, 339
21,579
20, 004
23, 627
20, 448
21, 465
4,017
50.4
10, 229
57.2
23, 102
41.7
30, 540
41.1
38, 822
48.4
47, 643
44.9
53, 745
41.5
60,011
47.4
66, 325
42.2
73, 110
45.8
DOMESTIC TRADE
j
ADVERTISING
Radio broadcasting:
Cost of facilities, total
thous. of dolls..
3,405
3,006
2,103
3,244
3,060
2,811
3,014
2,466
2,287
2,065
1,816
1,907
2,628
Automotive
thous. of dolls..
273
57
209
118
176
121
115
261
234
215
126
128
171
Building materials
thous. of dolls..
26
0
0
o
o
o
o
o
o
6
0
o
30
Clothing and dry goods
thous. of dolls. _
43
29
21
22
24
17
52
53
39
47
9
46
5
Confectionery
thous of dolls
203
170
186
145
33
38
80
100
120
103
38
188
39
Drugs and toilet goods
thous. of dolls..
963
628
650
707
550
519
470
499
646
719
598
357
907
Financial
thous. of dolls
55
88
99
85
82
86
89
93
79
95
76
86
94
Foods
_
thous. of dolls..
1,095
896
898
542
750
722
767
713
607
1,072
571
655
860
0
11
43
39
o
o
House furnishings
thous. of dolls
12
50
44
16
23
38
77
Machinery
thous. of dolls..
9
84
69
0
0
0
49
12
0
7
0
0
6
Paints and hardware
thous. of dolls..
19
11
14
12
6
12
7
8
9
8
13
14
15
Petroleum products
thous. of dolls ..
277
247
308
319
292
294
304
220
281
236
243
282
238
Radios
thous. of dolls..
58
16
54
44
27
44
36
57
36
19
46
60
58
Shoes and leather goods
thous. of dolls..
0
12
12
9
0
0
0
0
0
0
0
0
0
Soaps and housekeepers' supplies
thous. of dolls. _
95
79
116
78
82
74
94
36
77
71
59
92
70
Sporting goods
thous. of dolls..
0
0
0
0
0
0
0
0
0
0
0
0
0
Stationery and publishers . thous. of dolls..
24
44
51
33
36
18
17
4
0
2
8
33
0
Tobacco manufactures
thous. of dolls..
182
354
241
395
361
334
364
207
162
134
239
113
187
Miscellaneous
thous. of dolls..
69
320
42
75
24
32
53
34
23
27
10
30
103
Magazine advertising:
Cost, total.. _
..thous. of dolls..
9,403
9,053
7,827
5,569
8,236
8,670
9,285
9,106
7,635
6,345
5,879
6,388
9,148
Automotive
thous of dolls
739
535
375
421
962
1 164
779
792
677
689
834
760
935
Building materials
thous. of dolls..
218
146
111
195
192
*128
172
107
97
150
120
227
100
Clothing and dry goods
thous. of dolls..
162
304
198
106
244
268
203
141
150
241
191
357
79
Confectionery
thous. of dolls.295
170
128
144
166
108
55
208
98
180
262
275
300
Drugs and toilet goods
thous. of dolls. . 2,335
2,305
1,896
1,257
2,324
2,453
2,029
1,600
2,181
1,400
1,458
1,407
1,969
Financial..
-thous. of dolls.
1Q7
184
1fi7
1f>3
99ft
240
229
212
198
1Q1
IQfi
204
177
° Revised.
1 Data for December 1932, March, June, August and November, 1933 are for 5 weeks, other months 4 weeks.
* New series. For earlier data see p. 20 of the August 1933 issue (building costs, American Appraisal Co.). First report of Home Loan Bank, covers December
1932. N.I.R.A. highway work started in September.
§ Index for Dec. 1, 192.1.
# These series represent a breakdown of the combined total previously shown. See p. 20 of the September 1933 issue for earlier data,
28952—34
4
26
SURVEY OF CURRENT BUSINESS
1933
Monthly statistics through December 1931, 1933
together with explanatory footnotes and references to the sources of the data, may be found Novem- Novem- Decemin the 1932 Annual Supplement to the Survey
January February
ber
ber
ber
January 1934
1933
March
April
May
June
July
August Septum- October
DOMESTIC TRADE—Continued
ADVERTISING— Continued
Magazine advertising— Continued.
Cost, total— Continued.
Foods
__thous. of dolls
Garden
thous. of dolls.
House furnishings
thous. of dolls..
Jewelry and silverware
thous. of dolls..
Machinery
thous. of dolls
Office equipment
..thous. of dolls..
Paints and hardware
_thous. of dolls..
Petroleum products
thous. of dolls..
Radios
thous. of dolls..
Schools
.
thous. of dolls.
Shoes and leather goods thous. of dolls..
Soaps and housekeepers' supplies
thous. of dolls. .
Sporting goods
. . . -thous. of dolls.
Stationery and books
thous. of dolls. _
Tobacco manufactures
thous. of dolls..
Travel and amusement
thous. of dolls..
Miscellaneous
thous. of dolls. .
Lineage, total t
.thous. of lines..
Newspaper advertising:
Lineage, total (22 cities)
thous. of lines..
Lineage, total (52 cities)
thous. of lines..
Classified
thous. of lines..
Display
.
. thous. of linesAutomotive
thous. of lines
Financial
thous. of lines..
General
thous of lines
Retail
thous. of lines..
1,958
7
594
160
29
70
82
168
273
105
134
1,953
24
561
146
31
80
55
299
205
120
164
1,816
19
367
202
29
71
23
284
210
113
67
1,209
42
225
77
17
32
9
157
146
132
45
1,817
75
367
28
27
38
25
175
83
144
13
1,943
74
396
28
34
37
76
180
63
116
69
2,075
64
522
50
33
34
99
216
61
116
159
1,836
58
643
73
24
23
97
326
39
129
201
1,515
23
454
72
14
35
79
268
47
128
154
1 343
10
200
47
23
25
38
236
58
121
85
1 018
5
129
26
24
582
46
202
399
246
218
1,899
464
65
267
472
213
303
1,754
358
146
326
352
259
264
1,641
277
104
160
332
223
181
1,116
632
41
170
347
195
190
1,490
643
49
118
392
278
203
1,630
702
79
135
392
311
188
1,729
750
136
121
457
388
197
1,732
668
178
111
383
345
168
1,544
64, 721
94, 967
16, 423
78, 545
3,740
1,737
16 823
56, 245
60, 735
91, 509
15, 689
75, 820
3 913
1,651
8 908
61, 348
52, 077
77, 957
15, 282
62, 675
4 866
2, 281
14 197
41, 331
47, 186
72, 539
14, 083
58, 456
3 048
1,637
15 188
38, 584
49, 884
76, 364
14,810
61, 554
2 503
1,951
13 869
43, 230
60, 118
91, 053
17, 000
74, 053
4 685
1,511
15 289
52, 569
62, 184
94, 649
17, 019
77, 630
7, 021
1,528
16 133
52, 947
47 646
641
41 515
686
40 829
633
39 575
' 542
31 165
*520
35 530
625
62 1
61 7
60 7
60 8
60 2
2,458
2,681
3,307
2,839
533, 047
542, 326
524, 721
3 250
32, 232
3 152
30, 201
3 574
32, 745
- thousands. . 11,173
thous. of dolls
98, 630
thous. of dolls
9,221
75 369
2 799
thous. of dolls
thous . of dolls _ .
26 109
2,840
66, 357
99, 823
16, 199
83, 624
5, 565
1,500
18, 769
57,791
a
1 685
15
fifi3
101
136
13
1 155
10
270
36
14
18
53
225
85
143
58
518
142
100
326
233
147
1,272
440
131
95
364
130
127
1,184
517
76
123
337
131
178
1,407
645
81
237
453
220
228
1,870
61, 258
93, 168
16, 345
76, 823
7 991
1, 722
16 448
50, 663
49, 364
78, 319
16,064
62, 255
6 139
2,396
14 272
39, 448
53, 710
86, 339
18, 158
68, 181
6 797
1,392
15 198
44, 794
62, 327
92, 618
17, 287
75 331
5 408
1,259
16 337
52, 326
70,271
105, 970
19, 467
86 503
4 683
1, 497
20 071
60, 252
34 668
651
31 411
474
21 754
340
19 718
379
21 979
370
26 497
448
60 4
60 5
61 9
62 3
62 7
a (',3 5
64 2
2,674
2,665
3, 373
2,933
2,402
2,392
3, 839
2, 304
493, 416
586, 822
568, 740
612, 653
643, 449
644, 172
690, 177
643, 621
665, 458
3 207
30, 038
3 098
31, 864
3 936
59] 711
3 261
35, 866
3 417
35, 399
3 240
33, 129
3 061
30, 957
3 078
30, 894
3 057
30, 959
3 '3S8
33, 146
10, 151
78 670
6 340
8 567
67 210
2 400
7,996
65 370
2 423
10, 445
136 196
2 630
9,622
94 163
2 832
9,737
88 465
2 261
10, 027
88, 721
2 330
8,863
81, 759
2 109
9,598
87, 281
2 072
9 426
87 571
2 619
11 106
102 877
1 998
33 097
3,789
24 674
2,955
22 559
2,659
24 422
2,646
23 810
2,678
24 393
2,703
24 988
2,701
1
320
05
76
]j"
202
103
116
140
COLLECTIONS
Delinquent accounts, electrical trade:
Amount
dollars
Firms
number
FINANCIAL INDICATORS
Bank debits. (See Finance.)
Business failures. (See Finance.)
Commercial loans. (See Finance.)
Money in circulation. (See Finance.)
GOODS IN WAREHOUSES
Space occupied, public merchandising warehouses
percent of total
NEW INCORPORATIONS
Business incorporations (4 States)
number..
2, 384
POSTAL BUSINESS
Air mail, weight dispatched _.
Money orders:
Domestic, issued (50 cities):
Number
Value
Domestic, paid (50 cities):
Number
Value
Foreign issued — value
Receipts, postal:
50 selected cities
50 industrial cities ..
pounds..
thousands
thous. of dolls..
RETAIL TRADE
Chain store sales:
Chain Store Age index:
Combined index (19 companies) *t
av. same month 1929-31 = 100. _
83
78
86
84
80
79
76
78
82
84
80
75
85
Apparel index (3 companies) *f
av. same month 1929-31 = 100__
80
74
84
78
73
79
91
76
63
81
79
84
°88
Grocery (6 companies)
av. same month 1929-31 = 100..
89
78
80
74
74
76
83
80
76
73
79
80
81
Five-and-ten (variety) stores:
136
Total, 8 chains, unadjusted.. 1923-25 = 100..
130
226
103
126
325
129
100
110
129
123
141
137
130
Total, 8 chains, adjusted
1923-25 = 100-.
130
142
129
117
135
138
121
140
137
139
132
151
H. L. Green Co., Inc.:*
Sales
._ - thous. of dolls..
1,782
2 082
1, 857
1 9Q4
Stores operated
number..
135
135
135
135
S. S. Kresge Co.:
Sales
._-thous. of dolls _ 10, 465
9,841 18, 051
8,054
7,706
8,492 10, 228
9,941 10, 305
9, 921
9, 407
10 848
10 635
Stores operated _ _
number. _
723
723
718
718
717
720
716
718
719
719
720
720
S. H. Kress & Co.:
Sales
thous. of dolls. . 5,586
4,854
9,327
3,913
3,896
4,929
5,417
4,087
4,766
4,978
4, 830
5 771
5 406
231
Stores operated
number
230
229
232
232
230
231
231
231
231
231
230
230 1
^
McCrory Stores Corp.:
'? #00
9 619
Sales
thous. of dolls
2 837
3 129
5 830
2 339
2 721
2 551
2 537
2 383
2 361
2 546
29
867
Stores operated
_ number
242
209
242
243
243
227
225
240
226
237
230
' Z1U '
210
09
G. C. Murphy Co.:
1,976
Sales _ .
thous. of dolls..
1,563
2,855
1,223
1,314
1,629
1 994
1,130
1,804
1,803
1,661
1,808
1 912
Stores operated..
number..
180
"176
176
176
177
178
178
179
179
179
178
179
ITU
« Revised.
* New series. For earlier data and explanations on the following subjects refer to the indicated pages of the monthly issues. Description of the (Chain Store Age
index) p. 19, Dec. 1932. Comparable data for earlier periods for the H. L. Green Co., Inc., sales not available.
f Revised series. For revised data refer to the indicated pages as follows (magazine advertising) p. 20, Oct. 1933; (Chain Store Age combined sales index and index of
apparel sales) p. 26, Oct. 1933 issue.
January 1934
27
SURVEY OF CURRENT BUSINESS
1933
Monthly statistics through December 1931, 1933
together with explanatory footnotes and references to the sources of the data, may be found Novem- Novem- Decemin the 1932 Annual Supplement to the Survey
January Februber
ber
ber
ary
1933
March
April
May
June
July
August Septem- October
ber
DOMESTIC TRADE—Continued
RETAIL TRADE— Continued
Chain-stores— Continued.
Five-and-ten (variety) stores— Continued.
F. W. Wool worth Co.:
20, 996
Sales
thous. of dolls
1,942
Stores operated
number
Grocery chains:
A. & P. Tea Co.:
Sales, value total.. _ _ - thous. of dolls _- 77, 631
15, 526
Weekly average
thous. of dolls
460, 525
Sales, tonnage, total _
__ _ tons
Weekly average _ _
tons,. 92, 105
Restaurant chains:
Total sales, 3 chains:
Sales.
. .
thous. of dolls
Stores operated- number _
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. . 1,066
156
Stores operated
number
Other chains:
W. T. Grant & Co.:
6,900
Sales
thous of dolls
456
Stores operated- _
__
number..
J. C Penney Co.:
Sales
._
thous. of dolls . 19, 216
1,933
Stores operated
number. _.
Department-store sales and stocks:
65
Sales, total value, adjusted
1923-25 =100__
75
Sales, total value, unadjusted_.1923-25=100_.
71
Atlanta
1923-25=100
74
Boston
...1923-25 = 100 .
69
Chicago
1923-25=10061
Cleveland
1923-25=100 .
75
Dallas
1923-25=100..
67
Kansas City
1923-25=100
54
Minneapolis
1923-25= 100. .
89
New York
1923-25=100
66
Philadelphia*
..1923-25 =100. .
87
Richmond
1923-25= 100..
St. Louis
. . .1923-25=100..70
69
San Francisco
1923-25=100
Installment sales, New England dept. stores,
7.0
ratio to total sales
percent..
Stocks, value, end of month:
78
Unadjusted
1923-25=100.,
Ad justed
1923-25 = 100
69
Mail-order and store sales:
Total sales, 2 companies
thous. of dolls . 52, 037
Montgomery Ward & Co.-thous. of dolls- 20, 742
Sears, Roebuck & Co
-thous. of dolls.- 31, 295
20 216
1,932
°33 102
1,932
15 845
1,927
16 245
1 927
17 511
1 929
20 159
1,929
19 801
1,931
19 344
1,935
19 583
1 937
20, 357
1,936
21, 642
1,937
22, 035
1,942
62, 849
15 712
395, 275
98, 819
79, 616
15 923
498, 470
99, 694
57, 235
14 309
371, 394
92, 849
61, 102
15 276
406, 156
101, 539
74, 981
14 996
495 192
99, 038
61, 056
15 264
405, 660
101, 415
61, 525
15 381
397, 498
99, 375
79, 503
15 901
507, 361
101, 472
63, 445
15 861
382 751
95 688
76, 005
15, 201
458, 606
91, 721
60, 661
15, 165
357, 638
89, 410
63, 856
15, 964
376, 069
94, 017
3,386
3,641
382
3 425
381
3 081
381
3 290
382
3,201
381
3,173
379
3,012
376
3 045
373
3,298
382
1 445
105
1 554
105
1 431
105
1 278
105
1 311
105
1 320
105
1 227
104
1 147
103
1 142
103
1 191
103
887
117
918
117
884
117
784
117
875
116
826
116
865
116
863
115
911
114
1 082
117
1,054
160
1, 169
160
i, no
159
1,019
159
1,104
161
1,055
160
1,081
159
1,002
158
992
156
1,025
156
1,047
155
1, 092
J 55
6 334
444
11 368
445
4 270
446
4 491
449
5 137
451
6 277
451
6 553
451
6 512
452
5 784
454
5 752
454
6,423
454
7, 113
454
15, 038
1,477
18, 942
1,476
8,688
8,460
1,473
1,474
10, 234
1,478
14, 592
1,478
14, 433
1,478
14, 617
1,478
13, 564
1,478
14, 204
1,477
16, 288
1,471
18, 643
1,468
63
73
63
76
65
57
68
64
56
91
66
86
67
68
60
106
96
115
100
90
99
96
85
134
101
137
92
121
60
49
43
50
49
41
42
44
40
56
44
54
43
54
60
49
48
43
46
41
45
45
37
54
40
51
42
52
57
50
49
51
50
42
53
53
56
65
49
61
47
59
67
68
59
64
63
64
62
62
66
78
60
78
60
68
67
67
66
69
68
61
65
63
60
76
59
81
60
73
68
64
54
65
66
58
54
57
55
77
58
74
57
66
70
49
46
46
48
45
44
44
40
49
39
51
42
67
77
59
65
57
65
61
60
61
56
61
50
66
57
76
70
73
67
73
75
64
67
68
70
78
60
79
63
73
70
77
79
70
76
()(i
81
74
58
93
73
94
70
72
7.3
4.1
6.2
7.1
6.3
5.3
6.9
5.7
7.9
12.7
9.8
9.3
69
61
56
60
52
58
54
57
55
54
65
53
56
55
56
57
56
60
62
64
73
70
77
70
41, 281
16, 552
24, 729
51, 556
21, 055
30, 501
26, 958
10, 100
16, 858
26, 176
10, 114
16, 062
27, 554
35 365
15, 574
19, 791
37, 778
15, 103
22, 675
38, 986
16, 165
22, 821
33 566
13, 615
19, 951
40 327
15, 657
24, 670
43 219
16, 600
26, 619
53, 550
23, 017
30, 533
64.1
48.4
44.1
39 1
69 4
79 4
85.0
78.1
81 9
58 1
79.6
80 1
77.9
39.9
48.0
53 5
80 9
68.1
76.4
43.2
79.9
85.8
64.9
66.4
44.6
51 6
38.4
53.8
64.8
46 8
42 1
37 5
67 7
82.3
86 7
77.4
68.9
51.8
47 6
43 7
70 3
84 0
92 3
78.1
83 1
65 3
85.4
86 0
83 0
44.0
51.8
59 5
82 5
77 0
86.0
50.0
85.7
94. 1
64.7
65.6
49.2
58 4
41.4
58.7
70.1
51 6
45 2
42 4
73 3
87.5
95 6
76.4
73.4
55.8
50.4
47 2
76 0
89 9
100.7
79.7
89 3
72.7
88.7
88 7
88.6
47.6
57. 1
65.4
86 9
83.3
91.6
58.4
87.8
96.4
66.4
67.6
51.7
60 9
43.7
64.5
73.3
53.9
46 9
45.3
74 9
92.4
103 3
78.3
76.6
55.8
45 4
47 2
78 5
96 2
106 4
84.4
96 0
75 3
86.6
86 0
89 0
51.1
60 9
67 7
91 0
84 4
89.6
69 1
88.0
94 5
71 4
67.1
53.4
63 4
44.2
71 9
74.3
53 9
43* 1
45 7
75* 9
95.9
106 6
83.0
75.8
54.2
39 2
45 6
79 3
99 4
109 0
87.8
97 4
73 #
84.9
84 2
87 9
51.7
62 7
67 0
9? 8
83 4
87.7
70 2
87.6
94 o
71 7
70.2
50.9
56 8
44. 1
74 1
73.9
52 ()
37 7
44 9
77 o
99.1
107 9
87.9
11,211
16, 343
376
EMPLOYMENT CONDITIONS AND WAGES
EMPLOYMENT
72.6
Factory, unadjusted (FM.B.) _ _ . 1923-25 =10053.2
Cement, clay, and glass
1923-25 =100. .
39.0
Cement
. . . . 1923-25= 100. .
43.4
Clay products
1923-25= 100..
80.3
Glass
.. . 1923-25=100
100.3
Chemicals and products
1923-25=100
110.0
Chemicals and drugs
— 1923-25=100..
Petroleum refining
1923-25 = 100. .
88.6
95.1
Food products
1923-25=100
71.7
Iron and steel
1923-25=100-.
Leather and products
1923-25=100-.
75.4
73.2
Boots and shoes
1923-25=100
84.3
Leather
_ . .. 1923-25=100
48.9
Lumber and products
1923-25=100-.
Machinery
..1923-25= 100..
62.4
Metals, nonferrous ._ .. .. 1923-25=100
64.4
92.4
Paper and printing
1923-25=100
Rubber products
1923-25 = 100. _
81.8
85.2
Auto tires and tubes
1923-25= 100__
71.6
Boots and shoes
1923-25=100-.
83.7
Textiles and products
1923-25=100..
Fabrics
— ..
1923-25=100
90.9
Wearing apparel
1923-25=100..
65. 6
Tobacco manufactures
1923-25=100..
71.9
Transportation equipment
1923-25= 100_.
47.9
Automobiles .
1923-25=100
50 1
Car building and repairing. _ 1923-25= 100. _
44.0
Shipbuilding
1923-25=100
71.2
Factory, adjusted (F.R,B.)
1923-25=100..
72.4
Cement, clay, and glass
1923-25= 100..
52.8
Cement
1923-25 =100
38 5
Clay products..
1923-25=100.
43.4
Glass
1923-25=100
79 0
Chemicals and products
1923-25=100-.
99.8
Chemicals and drugs
1923-25= 100.. 107.9
Petroleum refining
.1923-25=100-.
89.4
»Revised.
60.9
44.6
42.4
39 0
57.0
75 5
80.1
74.3
82 9
53.6
72.7
73 4
69.6
38.1
46.0
48.4
82 2
61.2
62.7
56.6
73.1
75.2
67.8
72.7
43,3
40.5
43.4
62.4
61.2
44.3
41.8
39.0
56 0
75.2
78.6
75.0
59.6
41.4
34.0
36. 1
56.2
75 4
79.6
75.4
81 5
52.1
70.0
70 3
68.6
36.6
46.0
46.8
81 6
61.8
62.2
60.3
71.1
74.1
63.4
68.8
44.8
45 2
42.7
62.4
60.6
42.6
35 3
37.1
57 7
75.2
78.3
76.3
58.1
36.7
31.0
30.4
52.2
76 2
80.2
75.0
78 6
49.6
73.3
74 6
68.1
33.8
44.0
44.4
80 2
59.1
61.3
52.7
69.6
72.8
61.7
60.4
46.1
50 4
41.3
60.9
59.4
39.4
34.0
32.8
55 7
76.4
79.7
76.4
59.2
37.8
30.7
31.4
54.4
77 3
80.5
75.7
78 4
51.8
77.3
79 2
69.6
33.4
44.4
45.3
80 1
59.4
62.5
50.4
72.3
73.7
69.0
63.4
45.1
49 6
40.6
57.1
59.4
39.9
33 8
33.4
56 0
76.4
78.9
76.7
56.7
38.1
31.0
31 2
55.6
78 2
80.1
75.8
76 9
49.1
76.6
78 8
67.8
31.8
42.8
42.3
78 7
57.0
60.4
46.4
67.7
68.1
66.7
57.6
42.5
43 9
40.3
54.1
56.6
38.9
33 1
32.1
55 3
75.6
79.1
76.6
57.8
40.5
36.7
32 5
58 6
82 4
78.8
75.9
78 2
50.6
75.0
77 7
63.9
32.8
43.1
44 4
78 4
57.1
60.6
46.7
69.7
69.6
69.8
56.3
41.4
44 4
38.5
49.8
57.7
40.2
37 3
32.2
57 8
77.6
78.1
75.9
60.0
43.7
38 4
35 3
63 2
78 9
80 8
76.8
80 2
53 2
76.4
77 8
70 9
35.3
44.5
47 9
79 4
60 2
66.6
40.8
73.0
75.7
66.1
64.2
43.7
47 8
39.7
53.4
60.6
42.6
37 6
34 2
62 3
80.3
82. 1
76.9
* New series. For earlier data see p. 20 of the December 1932 issue.
28
SURVEY OF CURRENT BUSINESS
Monthly statistics through December 1931, 1933
1932
together with explanatory footnotes and references to the sources of the data, may be found Novem- Novem- Decem- January Februber
ber
ber
ary
in the 1932 Annual Supplement to the Survey
January 1934
1933
March
April
May
June
July
August re°>
October
EMPLOYMENT CONDITIONS AND WAGES—Continued
EMPLOYMENT—Continued
|
I
Factory, adjusted (F.R.B.)—Continued.
Food products
1923-25=100..
92.8
80.7
80.0
79.6
79.2
78.4
81.2
82.6
82.3
83.6
89.7
93.9 93.4
Iron and steel
.1923-25=100..
72.0
53.8
52.8
50.6
51.4
48.3
50.0
52.5
58.1
66.3
73.2
74.7
73.6
Leather and manufactures
1923-25=100..
75.8
73.2
72.0
72.9
75.6
75.7
76.4
79.7
83.9
85.7
86.4
83.3
82.0
Boots and shoes
...1923-25=100..
73.9
74.1
72.9
74.4 77.5
78.0
79.3
81.4
84.7
86.0
85.7
81.9
80.6
Leather
1923-25=100..
83.8
69.1
68.3
66.9
67.5
66.2
64.4
72.6
80.3
84.6
89.0
88.9
88.0
Lumber and products
1923-25=100..
47.9
37.3
36.8
35.0
34.4
32.5
33.3
35.7
40.0
43.8
46.6
49.4
49.9
Machinery
1923-25=10063.3
46.6
46.4
44.5
44.2
42.2
42.6
44.2
47.7
51.7
57.1
61.1
63.1
Metals, nonferrous
1923-25 = 10065.2
48.9
47.4 44.8
44.4 41.0
43.4 47.4
53.6
60.3
66.1
68.6
67.9
Paper and printing..
...1923-25=100..
91.2
81.1
80.2
79.6
79.9
78.5
78.8
79.9
81.6
83.4
88.1
91.2
92.3
Rubber products
1923-25=100..
85.3
63.7
63.2
59.7
59.1
56.6
56.7
59.7
67.8
76.4 81.9
82.2
83.7
Auto tires and tubes
1923-25=10091.0
67.0
65.4
62.6
62.3
59.7
59.6
65.31
75.0
84.4
89.0
87.2
89.2
Boots and shoes
1923-25 = 100..
67.9
53.6
56.3
51.2
49.6
47.3
47.9
42.9
46.2
52.4
60.5
67.4
67.2
Textiles and products
...1923-25=100..
82.7
72.3
70.4
69.2
70.4
65.4
68.5
73.4
81.6
90.3
91.2
88.4
86.2
Fabrics
1923-25=100..
89.3
73.9
72.9
72.2
72.2
66.9
69.2
75.9
86.7
97.6
99.8
95.9
93.1
Wearing apparel
1923-25=100..
65.9
68.9
64.0
61.5
66.1
61.9
66.8
67.4
68.7
71.9
69.6
69.8 68.8
Tobacco manufactures—
1923-25=100..
67.8
68.6
67.7
64.9
64.1
57.8
57.5
65.4
66.9
67.3
67.7
65.2
66.8
Transportation equipment
1923-25=100..
50.7
45.6
47.4 47.4 45.0
41.7
40.1
41.9
43.9
49.3
51.4
52.8
51.0
Automobiles
1923-25=100..
56.4
45.6
51.6
53.3
48.9
41.9
41.5
43.8
50.3
58.8
59.7
61.5
56.8
Car building and repairing.. 1923-25=100..
44.1
43.6
42.8
42.0
41.1
40.5
38.3
39.4
38.2
41.2
43.5
44.0
43.9
Shipbuilding
1923-25 = 100..
74.1
65.0
62.4
59.1
54.1
50.9
47.0
52.1
53.2
60.1
68.2
77.2
79.0
Factory, by cities and States:
Cities:
Baltimore*—
1929-31 = 100..
76.8
«63.8
64.9
61.2
63.5
60.5
64.3
63.6
64.8
71.1
75.8
79.1
«80.9
Chicago*
—1925-27 = 10063.0
51.8
49.8
49.2
49.7
48.2
49.3
51.1
53.4
56.7
64.0
65.3
65.6
Cleveland
.Jan. 1921 = 100..
82.6
65.6
66.6
66.6
66.8
61.7
65.3
68.8
73.9
78.6
83.6
83.3
79.6
Detroit
...1923-25=100..
41.6
39.3
48.0
28.8
49.2
41.8
50.0
52.5
60.7
62.8
64.7
59.6
37.3
Milwaukee*
1925-27 = 10076.7
55.7
54.4
53.7
54.1
54.3
57.4
61.0
68.2
71.9
76.6
79.2
79.1
New York
1925-27 = 10067.8
59.5
57.9
55.8
C8.0
56.3
57.8
58.4
59.1
59.2
63.4
69.0
70.0
Philadelphia t
1923-25=10079.3
63.3
60.9
58.8
58.9
57.1
57.8
60.9
64.1
66.6
72.9
78.3
81.4
Pittsburgh*.—
..1923-25=100..
74.7
62.0
60.8
56.1
57.6
55.4
56.1
59.0
64.2
68.5
75.7
77.4
75.2
States:
Delaware!
1923-25=10094.2
72.2
74.2
74.1
75.2
72.1
70.3
73.8
80.0
87.9
94.2 98.1
95.1
Illinois
1925-27 = 100..
66.2
53.5
51.7
50.7
52.1
50.8
51.7
53.6
57.2
60.9
67.9
69.7
68.9
Iowa
1923=10098.8
93.5
92.6
85.6
88.2
83.2
83.7
86.4
90.5
93.0
95.3
99.3
101.9
Massachusetts*
1925-27=100..
72.9
61.4
59.1
58.1
60.3
56.2
56.4
58.5
62.9
69.0
73.2
75.1
76.5
Maryland*
1929-31 = 100..
85.5 «69.8
69.4
65.4
67.5
64.3
67.5
68.3
71.0
78.9
84.0
88.3 «»90.1
NewJerseyf
1923-25=100..
80.5
65.5
65.2
62.2
63.4
60.9
60.8
63.7
67.3
70.4
74.9
79.5
80.5
New York
1925-27 = 100..
67.4
58.9
57.1
55.4
56.3
53.7
55.3
57.1
59.5
62.2
65.7
69.6
69.6
Ohio
1926 = 100..
81.0
61.5
60.7
60.6
61.5
57.4
60.5
65.7
72.5
77.8
81.9
83.7
«83.2
Pennsylvania!
..1923-25=10076.1
65.2
63.3
60.3
61.8
58.8
59.0
62.6
65.5
68.2
73.4
76.8
77.0
Wisconsin
1925-27=100..
78.3
60.1
58.8
57.3
58.8
58.6
60.8
63.3
69.5
75.9
77.5
79.7
80.0
Nonmanufacturing (Dept. oj Labor):
Mining:
Anthracite
1929=10061.0
62.7
62.3
52.5
58.7
54.6
51.6
43.2
39.5
43.8
47.7
56.8
56.9
Bituminous coal
1929=100..
74.8
69.4
70.0
69.8
69.3
67.6
63.7
61.2
61.3
63.2
68.6
71.8
68. C
Metalliferous
1929=10040.6 31.9
33.3
32.4
31.5
30.0
29.4 30.0
31.5
33.0
36.8
38.9
40.7
Petroleum, crude production...1929 =100..
72.2
56.5
57.2
57.2
57.0
56.5
56.8
56.9
58.0
59.5
60.8
66.2
70.6
Quarrying and nonmetallic
1929=100..
51.1
49.4
42.3
35.1
34.8
35.1
39.3
43.4
47.3
49.5
51.6
52.6
53.2
Public utilities:
Electric railroads
1929=100..
71.0
71.8
71.4
70.6
70.4
69.8
69.5
69.1
69.3
69.4
69.5
69.7
70.6
Power, light, and water
1929=100..
82.6
79.1
78.4
77.7
77.4 76.9
76.9
76.9
77.3
77.5
78.1
80.3
82.2
Telephone and telegraph
1929=10068.9
75.5
74.8
74.6
73.9
73.2
72.3
70.1
69.2
68.5
68.1
68.3
68.7
Trade:
Retail
1929=100..
91.6
81.7
95.2
76.9
73.4
71.4
78.6
77.0
78.3
74.6 78.1
86.0 89.6
Wholesale
1929=10083.4
77.6
77.0
75.3
74.1
73.1
73.3
74.0
75.7
76.9
79.7
82.1
83.5
Miscellaneous:
Banks, brokerage houses, etc.*t-1929=100._
99.6 «98.0
98.0 °97.5
"96.8
«96 5
"96.2
«96.2
"97.3
«97.7
98.3
99.0
99.4
Canning and preserving.
.1929=100..
69.3
50.5
33.7
34.1
35.1
33.2
49.2
45.5
55.6
76.6
112.7
175.6
126.3
Dyeing and cleaning*.1929=100..
82.4
78.0
75.2
73.0
70.9
71.2
81.1
82.0
85.6
82.9
83.1
88.6
88.4
Hotels
1929=10075.8
74.3
73.2
73.8
73.8
72.4
71.9
71.9
73.6
75.6
77.1
78.7
77.0
Laundries*
1929=100..
75.3
76.2
75.9
75.4
74.4
73.0
73.4
73.5
76.0
76.3
77.9
79.3 78.0
Miscellaneous data:
Construction employment, Ohio.. 1926 =100..
28.2
30.4
24.8
23.9
21.3
20.1
22.1
24.0
26.9
26.8
29.1
28.3 "28.1
Farm employees, hired, average per farm
number
.77
.72
.74
.69
.79
.86
.96
1.01
1.05
Federal and State highway employment,
total*
number.. 420,069 371,667 290,465 266,443 255,256 279,213 299,882 330,138 359,605 332,277 329,813 337,973 384,029
Construction *__
number.. 249,239 210,939 150,479 115,404 114,567 133,595 162,816 187,371 206,664 190,633 171,676 177,413 212,727
Maintenance*
..number.- 170,830 160,728 139,986 151,039 140,689 145,618 137,066 142,767 152,941 141,644 158,237 160,560
171,302
Federal civilian employees:
United States*.
number.. 624,118 607,904 600,943 599,990 600.311 603,818 605,554 610,652 601,944 591,166 592,490 602,465 613,242
Washington
number.. 73,131 66,388 66,302 66,800 66,802 67,557 67,063 66,560 65,437 65,991 67,715 69,740
71,054
Railroad employees, class I
thousands.. 1,014 1,013
994
960
956
934
939
952
973
1,005
1,031 1,047 • 1,042
Trades-union members employed:
All trades
percent of total..
72
68
66
65
66
66
67
67
69
69
69
71
73
Building trades*
percent of total..
37
33
31
30
29
28
29
31
33
33
34
37
38
Metal trades*
percent of total..
64
54
54
53
50
51
51
53
55
55
58
61
64
Printing trades*
percent of total..
80
81
80
80
78
78
78
77
77
77
78
78
79
All other trades*
percent of total82
81
79
78
79
78
80
80
81
81
81
82
84
Onfull time, all trades...percent of total..
50
45
44
45
46
44
46
47
48
48
49
51
52
LABOR CONDITIONS
Factory operations, proportion of full time
worked, total
percent..
92
85
84
84
85
84
86
88
90
91
92
93
93
Chemicals and products
percent..
94
90
90
89
90
89
92
94
95
95
93
94
94
Food products
_
.percent..
96
94
93
94
93
92
94
95
94
95
94
94
96
Leather and products
percent—
93
80
80
86
90
88
88
90
92
94
95
98
96
Lumber and products
percent..
96
76
73
73
77
77
82
84
87
89
91
95
94
Metal products:
Iron and steel
percent..
85
70
68
70
72
70
73
77
82
85
85
87
87
Other
percent..
89
80
80
78
77
73
76
81
85
86
86
87
88
Paper and printing
—percent..
95
86
85
86
88
87
88
89
91
92
94
96
96
Stone, clay, and glass
percent90
78
78
85
83
83
84
87
89
89
91
92
91
Textile products
..percent..
92
92
90
89
90
87
90
93
96
96
97
97
95
Tobacco products
....percent88
80
82
80
79
78
83
83
84
85
86
90
89
Transportation equipment.
percent..
95
82
84
87
86
83
90
89
90
90
91
95
95
Automobiles
percent..
99
76
80
85
82
76
90
88
92
90
93
100
98
Hours of work per week in factories:*
Actual, average per wage earner
hours..
34.0
36.5
35.4
34.9
35.2
32.2
33.8
37.4
41.2
42.6
38.8
36.8
36.2
0
Revised.
* For earlier data see the following references: Hours of work, p. 18, Dec. 1932; employment in Baltimore, Milwaukee, Maryland, and Massachusetts, Federal civilian
employment and trade-union members employed, pp. 18 and 19, Dec. 1932; employment in laundries, dyeing and cleaning establishments and banks and brokerage houses,
etc., Federal and Stnte highway employment and employment in Chicago, pp. 19 and 20, June 1933; Pittsburgh employment, p. 18, this issue.
t For revised data refer to the indicated pages as follows: Employment in Delaware, New Jersey, Pennsylvania and Philadelphia, p. 19, Sept. 1933; and for Massachusetts
employment for 1931, 1932, and 1933, p. 19, August 1933. Employment in banks, brokerage houses, etc., for 1932 have been revised as follows: January 98.3, February 98.3,
March 98.8, April 98.6, May 98.0, June 97.9, July 98.4, August 98.5, September 98.4, and October 98.0. Other revisions shown above.
January 1934
29
SURVEY OF CURRENT BUSINESS
1932
Monthly statistics through December 1931, 1933
together with explanatory footnotes and references to the sources of the data, may be found Novem- Novem- Decemin the 1932 Annual Supplement to the Survey
January Februber
ber
ber
ary
1933
March
April
May
June
August
July
September
October
EMPLOYMENT CONDITIONS AND WAGES—Continued
LABOR CONDITIONS— Continued
Labor disputes: f
21
29
32
41
Disputes
number
12
45
46
49
68
116
°73
°110
68, 154
40, 492 240, 912 109, 860 445, 771 535, 039 603, 723 504, 362 1,404,850 °1, 401, 532 «3, 528, 925 3, 619, 116
Man-days lost
number-Workers involved
number. _
1,896
8,790
997
6,706 12, 794 19, 867 16, 584 24, 593
128, 251
49, 058
•101,041 • 160, 861
Labor turnover (quarterly) :*
8.50
Accessions
percent of no. on pay roll
10 50
20 86
22 88
Separations:
Discharged
percent of no. on pay roll
.43
.38
52
78
10.14
Laid-off
percent of no. on pay roll
6.31
8.75
4.46
Voluntary quits
percent of no. on pay roll
1.56
1.77
2 23
4 16
PAY ROLLS
39.2
Factory, unadjusted (F.R.B.).. .1923-25=100..
53.6
40.0
36.9
41.8
40.9
38.6
42.0
46.2
55.7
49.9
57.6
57.4
20.2
Cement, clay, and glass
1923-25=100
32 8
25.7
20.9
20.6
25 1
23 3
22.0
29 1
34.6
30 2
34 1
34 1
Cement
_
...1923-25=100..
16.4
22.8
24.8
18.4
16.1
16.0
21.2
31.6
18.3
25. 1
25 6
27.6
24 6
13.4
14 3
19 0
25 3
Clay products
1923-25=100
23 3
13 8
14.2
15 9
17 5
18 8
21 2
25 0
24 8
39.5
36.0
45.9
Glass
-1923-25 = 100-.
37.3
36.7
39.9
52 1
55.2
58 2
37.8
49 8
57 4
58 6
60 9
Chemicals and products
1923-25=100
60.7
60 8
60 4
60 8
72 2
78 2
61 9
59 8
64 6
67 9
74 3
78 7
Chemicals and drugs
_ .1923-25= 100. .
58.4
79.4
84.6
62.3
60.5
60.6
59.8
66.9
62.0
61.1
72.6
80.0
85.2
Petroleum refining
1923-25 = 100. .
63.1
72.9
62.8
64.6
64.3
64.5
63.8
65.1
66.3
66.7
69 8
66.1
72 5
04.1
62.7
Food products
1923-25=100
77 2
67 0
59.8
64 8
71.7
66 1
62.6
66 3
68 2
78 2
78 8
24 4
22 7
24 7
Iron and steel
1923-25=100
25 6
22 4
29 5
52 7
44 4
24 2
36 2
42 4
49 0
49 3
43.7
47.1
45.9
Leather and products
1923-25=100
42 0
50.0
50 8
69.3
53 3
43.8
57 4
64 2
64 0
68 7
Boots and shoes
1923-25=100.
41.7
49.0
46.2
38.7
46.0
49.2
54.9
62.2
67.7
48 4
40.7
67 0
60 9
50.9
Leather
1923-25=100
55.0
50.3
45.4
53 9
53.9
75.1
70 9
56 6
66 4
71 4
74 8
75 3
Lumber and products .
1923-25 =100_.
16.3
20.9
18.8
16.3
14.3
18.0
28.9
30 0
15.6
21.7
24.6
33 1
33 5
26.0
24 0
24.4
Machinery
1923-25 = 100
27 4
28 0
26 3
27 4
32 0
38.9
43 3
35 7
41 2
43 4
27.5
27.4
27.4
34.5
50.4
Metals, nouferrous
. 1923-25 = 100. . 47 2
31.9
25.1
41.4
30. 1
46.5
51 4
50 2
70 2
67.0
62 4
Paper and printing
1923-25=100
65 8
63 3
70 8
69 8
64 9
66 6
67 8
75 6
74 6
76 0
35.4
Rubber products
1923-25=100
64.4
38.6
39 8
35.8
31.1
34.2
46.2
57 3
65 2
57 8
62 9
62 8
34 8
36 1
31 7
Auto tires and tubes
1923-25=100
36 7
35 7
35 2
62 0
66.4
55 8
49 0
69 7
62 8
62 0
Boots and shoes
.1923-25= 100. . 65 9
38.0
34 7
48.3
52 2
28.6
47.3
56.5
36.3
30.2
38 4
63 4
65 9
44 2
49 4
45 2
67.0
Textiles and products
1923-25=100
41.3
46 4
48 2
58 9
46 8
53 6
63 0
70 7
69 2
48.4
77.0
Fabrics
.1923-25=100 .
46.6
40.8
51.9
50 1
43.0
50 1
60 5
67 2
71 1
75 1
75 2
39 2
Wearing apparel
1923-25=100
44 2
42 4
46 9
47 7
49 8
40 1
41 9
39 1
39 4
46 5
61 8
57 1
48.2
50.4
38.3
36.0
35.9
45 5
47 3
47.3
Tobacco manufactures
.1923-25=100 .
52.4
40.2
54 4
52 3
55 5
29.2
Transportation equipment
1923-25 = 100. . 38.0
34.0
32.1
43.9
31.9
30.6
33.8
35.3
36.0
oo. o
43.0
41.7
43 3
32 3
36.3
32.2
27.0
43 2
52.5
Automobiles
1923-25 = 100
27.6
32 0
40.4
46 1
37 3
50 1
36.4
29.9
Car building and repairing _ _ 1923-25 =100. . 36.5
30.8
30.8
31.4
33.7
33.5
28.6
30.6
29.8
35.9
38.7
49.5
Shipbuilding
1923-25=100
52.4
44.2
40.3
48.8
46.6
37.4
40 3
44 9
40 3
58 0
56 8
58 8
Factory by cities:
0
44 3
65.4
•45 5
42.5
41.4
Baltimore*
1929-31 = 100
42.5
46 0
46 9
50 9
58 1
65 1
68 8
67 5
28.4
26.4
39.5
25.7
Chicago *
1925-27=100..
28.3
28.6
29.3
32.2
28.5
35.2
37 5
39 9
39 4
52.0
30.2
27.7
31.6
30.3
Milwaukee*
1925-27=100..
34.3
34.8
38.7
47.7
45.8
51.5
51.8
53.4
50.5
44.0
New York *
1925-27=100..
46.2
45.1
43.7
46.0
47.4
48.0
45.6
46.5
53 6
57 3
55 9
40.1
54.8
39.6
37.5
37.9
48.0
44.7
42.6
41.8
45.3
59.8
Philadelphia t— 1923-25=100..
59.4
63.1
24.2
Pittsburgh *
. . 1923-25=100
29.3
26.4
30.5
52.7
25.9
25.7
27.5
38. 7
42.3
45 7
49 0
47 6
Factory, by States:
64.9
49.4
52.2
51.4
51.2
49.6
47.0
45.0
56.9
66.0
Delaware!
1923-25=100
65 5
67 7
67 7
27.2
28.2
42.6
29.1
28.5
31.3
35.4
Illinois
1925-27 = 100
« 29 7
29.6
37.9
40 3
43 0
43 0
44.7
44 0
67.9
48.4
45 9
49 1
53 1
Maryland *
1929-31 = 100
45 7
60 5
a 73 0
«48 8
69 5
73 8
37.2
57.3
39.7
42.3
42.2
43.5
41.8
38.0
53.0
47.0
Massachusetts*! 1925-27 = 100
55 7
59 4
59 4
57.5
46.2
45.2
52.1
49.6
47.5
43.5
48.1
54.4
49.6
62 0
New Jersey t
.1923-25=100-.
60 0
61 6
51.0
38.4
40.1
40.7
40. 1
42.4
45. 1
48.0
New York
1925-27=100
44.2
42.6
51 8
55 0
54 1
53.0
37.4
33.7
32.5
33.4
37.6
39.1
34.8
42.0
45.3
Pennsylvania t
1923-25=100
52 3
53 5
55 0
53.3
32.5
49.2
Wisconsin
1925-27= 100..
35.0
34.0
32.6
36.4
40.6
46.8
38.2
52 3
53 8
55 3
Nonmanufacturing (Department of Labor):
Mining:
46.6
38.2
43.2
48.8
37.4
30.0
56.2
56.8
34.3
Anthracite1929=100..
51.0
47.8
60.7
61.6
43.3
37.2
29.2
Bituminous coal _ _
.1929=100
37.7
36.1
30.7
26.9
33.6
26.6
38.0
50 7
44 1
44 1
21.9
18.1
17.4
Metalliferous
1929=100..
18.7
16.4
17.0
18.3
19.0
17.8
25.6
18.7
23.9
25.9
42.5
42. 6
40.1
39.9
41.7
41.6
42.2
Petroleum, crude production. ..1929 =100..
42.4
41.7
40.6
50.3
44.4
50.1
29.9
17.4
20.2
23.8
27.5
28.4
Quarrying and nonmetallic
1929 =100. . 28.3
22.1
18.1
17.8
27.1
29.3
31.2
Public utilities:
58.2
59.4
58.2
Electric railroads
.1929=100
61.9
60.9
60.6
58.1
58.0
57.4
61.7
59 4
59 8
57 8
73.2
70.9
73.0
71.6
71.9
69.9
69.9
70.0
Power, light, and water..,
1929=100..
73.2
69.4
74.5
76.2
71.8
66.1
Telephone and telegraph . 1929 = 100
73.5
71.7
71.9
71.6
67.8
68.5
66.6
66.7
74.3
67 7
67 0
64 6
Trade:
62.7
62.7
58.4
55.1
59.5
60.5
73.6
60.4
58. 1
Retail
.
1929=100
66.9
72 6
72 3
69 2
60.8
61.7
57.1
57.4
Wholesale...
.1929=10062.6
58.6
56.0
57.3
59.1
63.3
64.1
62.3
66.0
Miscellaneous:
84.4
« 84. 3 «83. 7 « 82.9 « 83.2 •84. 4
Banks, brokerage houses, etc.*t_1929=100__
• 85. 5 "85.2
«84.8
86.1
°85. 7
84.7
84.5
68.3
24.2
36.7
25.6
24.8
25.9
33.5
31.8
46.2
Canning and preserving
1929=100..
34.4
50.8
87 1
127 0
52.8
48.4
41.0
53.9
56.7
46.6
42.4
54.6
52.8
Dyeing and cleaning * . _ 1929=100
55 4
52.3
60 6
60 3
54.0
51.8
52.3
56.6
55.7
53.5
51.7
53.3
55.2
55.9
Hotels
1929=100..
57.5
56.2
55.6
57.6
Laundries*
-..1929=100
58.7
57.9
55.5
52.9
54.0
54.5
56.7
56.1
59.1
57 9
59 7
60 6
WAGES-EARNINGS AND RATES
Factory, weekly earnings (25 industries) : *
19.25
16.21
16.37
15.39
18.49
All wage earners
--dollars-- 18.51
16.84
16.13
14.56
16.71
19.15
19.46
19.46
Male:
22.16
18.94
18.55
16.54
21.18
Skilled and semiskilled
dollars.. 21.22
18. 83
18.67
17.75
19.40
21.99
22.04
22.40
16.17
14.42
13.92
15.83
Unskilled.
.dollars
13.89
12.27
13.30
15.02
13.66
16.48
14.20
16 59
15 97
13. 83
12.30
10.97
9.93
11.03
11.56
10.96
10.09
12.93
Female
dollars.. 13.79
11.86
14.28
14.21
72.3
61.5
60.9
62.8
69.5
63.3
60.6
54.7
72.0
All wage earners
1923=100
57.8
69 6
73 1
73 1
Male:
71.9
60.2
68.8
61.1
53.7
61.5
71.4
Skilled and semiskilled
1923=10060.6
57.6
68.9
63.0
71.6
72.7
72.6
64.7
Unskilled
1923=100
61.3
62.3
62.5
55.1
59.7
74.0
67.4
63.7
71.1
74 5
71 7
80.2
67.1
71.3
63.6
57.6
58.5
64.0
75.0
Female _.
1923=100.
80.0
63.6
68.8
82 4
82 8
Factory, av. hourly earnings (25 industries):
.468
.464
.453
.452
.497
.467
.460
All wage earners *„
_.
dollars
.545
.468
.460
.455
531
540
Male:
.521
.604
.527
.529
.522
.511
.560
Skilled and semiskilled *
...dollars-.530
.527
.513
.517
.590
.596
.380
.369
Unskilled *
dollars.377
.391
.381
.375
.373
.368
.409
.445
.375
.444
.432
.404
.305
.362
.303
.298
.294
.297
.303
Female *
..dollars..
.306
.299
.300
.395
.403
0
Revised.
* New series. For earlier data on the following subjects refer to indicated pages of the monthly issues as follows: Weekly earnings and turnover rates, p. 20, Oct. 1932;
hourly earnings and pay rolls in Maryland, Massachusetts, and Baltimore, pp. 19 and 20, Dec. 1932; pay rolls of laundries, dyeing and cleaning establishments, and banks,
brokerage houses, etc., and factory pay rolls in Chicago and New York, pp. 19 and 20, June 1933; Pittsburgh pay rolls, p. 18, this issue.
t For revised data refer to the indicated pages as follows: Labor disputes, 1932, p. 29, July 1933; pay rolls in Delaware, New Jersey, Pennsylvania, and Philadelphia, p.
19, Sept. 1933; pay rolls in Massachusetts, 1931, 1932, and 1933, p. 19, Aug. 1933; pay rolls of banks, brokerage houses, etc., 1932, have been revised as follows: Jan. 93.5, Feb.
93.0, Mar. 92.9, Apr. 92.1, May 92.7 .June 90.0, July 89.8, Aug. 88.2, Sept. 87.1, and Oct. 86.3. Other revisions shown above.
00
q
30
SURVEY OF CUERENT BUSINESS
1933
Monthly statistics through December 1931, 1933
together with explanatory footnotes and references to the sources of the data, may be found Novemin the 1932 Annual Supplement to the Survey
Novem- Decem- January Februber
ary
ber
January 1934
1933
March
April
May
June
July
August Septem- October
ber
EMPLOYMENT CONDITIONS AND WAGES—Continued
WAGES—EARNINGS AND RATESContinued
Factory, weekly earnings, by States:
Delaware
1923-25=100..
Illinois
1925-27=100 .
Massachusetts*!
1925-27=100..
New Jersey
1923-25 =100
New York
1925-27=100..
Pennsyl vania
1923-25 = 100—
Wisconsin
1925-27=100 .
Miscellaneous data:
Construction wage rates:*
Common labor (E.N.R.) ..dolls, per hour-Skilled labor (E.N.R.)
dolls, per hour..
Farm wages, without board
(quarterly)
dolls per month
Railroads, wages
dolls, per hour..
Road-building wages, common labor :#
United States . _ _ . . .dolls, per hour..
East North Central
dolls, per hour-East South Central
dolls, per hour-Middle Atlantic _ _ .dolls, per hour. _
Mountain States
dolls, per hour-New England
dolls, per hour.Pacific States
dolls per hour
South Atlantic
dolls, per hour-West North Central
dolls, per hour..
West South Central
dolls, per hour_.
Steel industry:
U.S. Steel Corporation dolls, per hour..
Youngstown district percent base scale. -
72.8
65.6
76.2
85 0
76.8
71.5
64.5
71.6
59. 7
70.8
83.8
75.1
59.5
58.7
73.7
60 5
70.8
84. 1
74.7
59.1
55.7
70.2
60.2
68.3
82.2
72.4
55.7
53.1
71.7
61.9
70.1
82.7
72.3
56.8
54 1
68.3
57.4
66,2
78.9
71.6
55.7
52. 1
67.2
59.1
67.4
82.0
72.6
57.6
53.9
72.8
63.1
72.1
83.4
74.2
61.9
58.5
74.7
66.9
74.7
85.4
75.8
66.9
62.2
78.7
67.1
76.7
85.4
77.2
68.8
61.9
72.3
67.8
78.1
84.7
77.6
74.9
66.2
72.4
66 6
79.0
83 3
79.0
72.2
64 8
74. (>
67 3
77.5
84 5
77.8
73.9
66 0
. 520
1.06
.426
.97
.427
.98
.427
.99
.429
1.00
.427
.99
.434
1.00
.444
.99
,439
.99
.443
.99
.452
1.02
.506
1.03
.510
1.04
.615
23 62
.614
.616
.631
22 98
.607
.613
.602
24 27
.603
.608
.597
25 89
.606
.603
.38
.45
.21
.38
.45
.40
.57
.24
.37
.30
.32
.37
.20
.34
.44
.34
48
.20
.32
.26
.32
.37
.20
.35
.44
.33
.48
.21
.34
.27
.32
.38
.20
.36
.43
.35
50
.22
.34
.27
.32
.39
.20
.35
.44
.33
.51
.21
.35
.28
.32
.40
.19
.36
.43
.34
.50
.21
.34
.27
.33
.41
.20
.36
.43
.32
.49
.22
.34
.27
.33
.39
.20
.35
.43
.32
.50
.22
.34
.28
.33
.39
.20
.35
.42
.33
.49
.23
.34
.28
.34
.41
.20
.35
.44
.35
.51
.22
.35
.27
.35
.42
.20
.35
.43
.37
.50
.23
.37
.43
.20
.36
.44
.38
:i
.25
.36
.28
.44
101.5
.38
94.0
.38
94.0
.38
94.0
.38
94.0
.38
94.0
.38
94.0
.38
94.0
.38
94.0
.44
101.5
.44
101.5
.44
101. 5
.52
.37
.43
. 20
.37
. 44
.40
. 55
. 25
.37
.44
101.5
FINANCE
1
BANKING
Acceptances and com'l. paper outstanding:
737
704
715
687
694
758
697
669
738
720
710
707
671
Bankers' acceptances, total—mills, of dolls. .
Held by Federal Reserve banks:
1
1
1
4
4
2
2
164
41
280
307
13
For own account
mills of dolls
18
For foreign correspondents
41
31
32
40
41
30
45
43
36
40
36
37
3
mills, of dolls. .
Held by group of accepting banks, total
592
552
404
517
604
499
599
261
505
487
655
626
325
mills, of dolls. .
252
236
201
248
273
224
153
208
229
271
256
201
268
Own bills
mills, of dolls..
321
282
304
326
108
199
287
380
370
124
276
247
386
Purchased bills
mills, of dolls. _
112
154
156
138
62
42
85
86
123
147
38
115
28
Held by others
mills, of dolls.
Commercial paper outstanding
130
72
64
123
133
84
60
107
73
97
mills, of dolls. .
110
85
81
Agricultural loans outstanding:
133
127
82
141
85
92
86
83
107
89
88
95
87
Credit banks, intermediate--_mills. of dolls. 1,110
1, 125
1,104
1,102
1,101
1,112
1,105
1,107
1,103
1,121
1,110
Land banks, Federal
mills, of dolls-. 1, 156
1,116
364
372
362
390
375
382
378
395
386
404
415
409
399
Land banks, joint-stock
mills, of dolls. .
26, 307
Bank debits, total..
mills, of dolls _ 24, 131 20, 750 26, 787 24, 466 22, 437 22, 002 22, 624 25, 486 29, 712 31,232 25, 451 24, 555
13, 280
New York City
mills, of dolls - 12, 204
9,815
13, 967 12, 413 12, 036 12, 454 12, 012 13, 977 16, 743 17, 354 13, 076 12, 340
12, 215
13,027
12, 375
10, 612
12, 969
13, 878
9,608
11, 509
Outside New York City
mills, of dolls.. 11,927 10, 935 12, 820 12, 053 10, 401
Brokers' loans:
Reported by New York Stock Exchange
897
776
789
322
917
780
916
311
529
359
338
347
360
mills, of dolls. 2.74
2. 58
243
1.20
2.80
1.52
1.56
1.63
2.50
1.52
1.56
1.83
2.15
Ratio to market value
percent..
By reporting New York member banks
749
806
512
764
876
720
635
881
454
353
394
418
mills of dolls
Federal Reserve banks:
Acceptance holdings. (See Acceptances.)
6, 889
6,735
6,442
6,610
6,606
6,607
6,033
6,466
6,531
6,464
5,986
6,115
Assets, total
mills, of dolls.. 6,865
Reserve bank credit outstanding
2, 549
2,421
2, 297
2,209
2, 572
2,459
2,220
2,794
2,218
2,202
2,145
2,077
mills, of dolls. . 2, 581
7
24
9
305
171
48
7
31
336
20
35
33
Bills bought
mills, of dolls. _
110
164
167
128
435
302
153
119
274
582
426
235
309
Bills discounted
mills, of dolls2,421
2,277
2, 028
1, 838
1,837
1,890
2, 129
1,998
1,855
1,763
1,866
1,851
United States securities ..mills, of dolls.. 2,432
3, 817
3,805
3,793
3,455
3,813
3,820
3,633
3,807
3,242
3,331
3,457
3,126
Reserves, total
mills, of dolls- 3,778
3,588
3, 591
3,591
3,548
2,952
3, 250
3, 416
3,520
3, 543
3,256
3,151
3,049
Gold reserves
mills, of dolls- 3,573
6, 889
6,442
6,607
6,735
6,606
6,464
6,610
6,466
6,115
6,033
6, 531
5,986
Liabilities, total..
mills, of dolls- 6,865
2, 885
2,748
2, 544
2,394
2,494
2,675
2, 554
2, 133
2,380
2,484
2,561
2,236
Deposits, total
mills, of dolls.. 2,796
2, 685
2,294
2,409
2, 438
2,292
2,141
1,949
2,132
2,411
2,167
2,509
2,446
Member bank reserves. . .mills, of dolls. - 2,573
2, 96(1
3,012
3, 002
3,094
3,696
3,428
3,203
2,988
2,739
2,725
3,417
2,692
Notes in circulation
mills, of dolls— 3, 030
67.4
66.2
59.3
68.2
62.6
68.0
68.3
64.8
65.5
55.3
62.6
62.9
Reserve ratio
percent-Federal Reserve member banks: *
Deposits:
10, 653
10, 427
10, 505
9,996
9,745
10, 348
10, 475
10, 918
10, 741
Net demand
mills, of dolls— 10, 751 11,041 11,051 11,233
4, 470
4,282
4,508
4,501
4,533
4,622
4,315
4,330
4,330
4,406
4,633
4,611
Time
mills, of dolls.. 4,410
8,074
8, 156
7,884
7,989
7,974
7,669
7,941
8,011
7,910
7,619
8,213
7,988
Investments
mills, of dolls.. 8,104
8,593
8,404
8,332
8, 452
8,546
8,533
8,540
8,982
8,782
8,485
8,281
8,871
Loans, total
mills of dolls . 8,568
3,772
3, 644
3,766
3,687
3, 604
3,698
3,764
3,727
3,713
3,748
3,751
3,789
On securities
mills, of dolls. - 3,569
4,774
4, 989
4,554
4,772
4,767
4,853
4,704
5,082
4,688
4,706
5,031
5,218
All other loans
mills, of dolls.. 4, 999
Interest rates and yield on securities:
1
1
3
l
Acceptances, bankers' prime
percent- . X-M
K-1M
H- A
Yl
H- A
\i
K-M 1H-3M
/2
/s
XrM
H
H
Bond yields. (See Bonds.)
3.32
1.00
.98
.75
1.37
1.00
.75
1.00
1.00
1.00
1.00
1.00
Call loans, renewal
percent..
1
2-2^
Com'l paper, prime (4-6 mos.)
percent- .
1^-2 iH-iM
1M
1H 1^-1 A
2-3M
IK 1M-1M iK-ifc 1M-1H 1&-1H VA-VA
2.50
«3.50
'3.00
2.50
"2.50
2.50
'2.00
2.00
2.50
2.50
2.50
2.50
2.50
Discount rate, N.Y.F.R. Bank
percent-5.00
5.58
5.58
5.00
5.58
5.58
5.00
5.58
5.58
5.58
5.58
5.00]
5.58
Federal land bank loans
percent..
3. 13
3.25
3.10
3.10
3.13
3.13
3.10
3.10
3.04
3.35
3.10
3.17
3.10
Intermediate credit bank loans
percent- .
6 00
5 50
5 50
Real estate bonds long term
percent
Stock yields. (See Stocks.)
1
1
1
Time loans, 90 days
percent-H-%
9-6-1
1-1K
M-H
A-V4 2M-3M
M-l
A
A
1-ltf
te-K
1-ltf
H
Savings deposits:
5,164
5,049
5,314
5,317
5,220
5,079
5,269
5,113
5, 059
5,085
5,029
5,265
5,130
New York State,..
mills, of dolls—
# Beginning with March 1932, method of computing rates was changed. e Rate changed Mar. 3, Apr. 7, May 26, and Oct. 20, 1933.
* New series. For earlier employment data see p. 18 of the December 1932 issue. Data for construction wage rates appeared on p. 19 of the September 1933 issue.
Earlier data for Federal Reserve member banks shown on p. 18 of this issue. These data cover 90 cities and supersede the previous data for 101 cities and are available
from January 1932 to date.
f For revised data on Massachusetts weekly earnings, 1931, 1932, and 1933, see p. 19, August 1933 issue.
January 1934
31
SUEVEY OF CUREENT BUSINESS
1932
Monthly statistics through December 1931, 1933
together with explanatory footnotes and references to the sources of the data, may be found Novem- Novem- Decemin the 1932 Annual Supplement to the Survey ber
January Februber
ber
ary
1933
I
March | April
!
May
June
July
August Septem- October
ber
FINANCE—Continued
B ANKING— C ontinued
Savings deposits— Continued.
U.S. Postal Savings:
Balance to credit of depositors
thous. of dolls.. 1,199,281 884, 297 900, 796 942, 519
Balance on deposit in banks
thous. of dolls. . 923, 216 779, 971 792, 725 797, 169
FAILURES
Bank suspensions:
93
241
Total
..number..
161
Deposit liabilities
thous. of dolls ._
70, 914 135, 020
43, 319
Commercial failures:
Total
- number . 1,237
2,073
2,469
2,919
Agents and brokers
number
106
132
172
169
Manufacturers total
number _
311
480
614
565
Chemicals, drugs, and paints. _ .number—
6
14
16
17
Foodstuffs and tobacco
number
31
48
60
67
Leather and manufactures
number..
9
15
17
18
34
Lumber
number..
60
62
78
Metals and machinery
number-39
44
63
68
Printing and engraving
number
27
27
33
40
Stone, clay, and glass
number16
27
22
18
32
Textiles
number-92
67
75
117
Miscellaneous
number
232
176
203
820
Traders, total
.number..
1,461
1,686
2,182
Books and paper
...
number _
20
29
17
Chemicals, drugs, and paints. -.number..
87
160
108
151
Clothing
number. .
117
334
233
507
Food and tobacco
number
310
495
428
461
41
General stores
number __
123
93
169
Household furnishings.
_ .number. .
99
412
250
250
150
Miscellaneous
number _.
329
350
410
Liabilities, total
thous. of dolls.. 25, 353 53, 621 64, 189 79, 101
Agents and brokers
thous. of dolls. . 5,282
9,721
11,433
6,608
Manufacturers, total
- thous. of dolls. _
7,808
24, 577
23, 918
30, 747
Chemicals, drugs, and paints
thous. of dolls ._
52
484
770
287
Foodstuffs and tobacco __thous. of dolls—
573
456
1,061
797
Leather and manufactures
thous. of dolls -_
576
242
569
2,310
Lumber
thous. of dolls.. 1,095
3,814
4,277
4,255
Metals and machinery.. .thous. of dolls. . 1,017
2,161
2,527
3,326
Printing and engraving__thous. of dolls._
1,354
775
923
626
Stone, clay, and glass thous. of dolls..
1, 454
506
2.274
1,007
Textiles
thous. of dolls..
3,142
437
4,385
1,906
Miscellaneous
- thous. of dolls. _ 2,777 11, 206 10, 172 13, 457
Traders, total _ thous. of dolls. . 12, 263 23, 095 29, 890 36, 921
Books and paper
thous. of dolls..
272
334
61
347
Chemicals, drugs, and paints
thous. of dolls. _
1,514
792
1,806
1,409
Clothing
thous of dolls
4,312
1,149
6,224
2,843
Foods and tobacco
thous. of dolls.. 4,068
9,101
5,805
4,217
General stores
thous. of dolls..
2,058
3,600
420
840
Household furnishings.. .thous. of dolls.. 1,633
4,692
9,249
5, 397
Miscellaneous
thous. of dolls . 4,140
7,941
9,903
8, 042
LIFE INSURANCE
(Association of Life Insurance Presidents)
Assets, admitted, totalt
mills, of dolls..
16, 917
16, 966
16, 830
Mortgage loans
mills, of dolls
6,136
6,110
6,168
Farm
mills, of dolls.
1,402
1,394
1,415
Other
mills of dolls
4,734
4,716
4,753
Bonds and stocks held (book value)
mills, of dolls..
6,231
6,224
6,238
Government
mills, of dolls..
1,400
1,378
1,406
Public utility .
mills, of dolls. .
1,670
1,674
1,671
Railroad
mills, of dolls..
2,639
2,638
2,649
Other
mills, of dolls..
522
523
523
Policy loans and premium notes
mills, of dolls. _
2,948
2,941
2,967
Insurance written: f
Policies and certificates
thousands. _ 1,071
990
923
1,028
Group
thousands
43
23
9
30
Industrial
thousands
648
686
772
747
Ordinary _
thousands
299
258
227
269
Value, total
thous. of dolls.. 681, 049 671, 242 741, 920 614,431
Group _ _ _ _ _
thous. o f dolls. 41,483 36, 262 67,810 22, 546
Industrial
thous. of dolls.. 202, 843 184, 882 154, 864 168, 312
Ordinary ._ _
._ thous. of dolls. . 436, 723 450, 098 519, 246 423, 573
Premium collections f
thous. of dolls.. 214 682 223, 842 335, 642 242, 251
Annuities
thous. of dolls.. 15, 876 12, 282 28, 752 17,612
Group
thous. of dolls
8,644
9,235
7,063
6, 909
Industrial.. ..
thous. of dolls. . 46, 253 51, 048 116, 838 59, 243
Ordinary
thous. of dolls.. 145,644 153, 449 181, 408 156, 161
(Life Insurance Sales Research Bureau)
Insurance written, ordinary total
mills, of dolls538
499
481
504
Eastern district
mills, of dolls—
233
221
217
215
Far Western district , _ mills, of dolls51
44
47
50
Southern district
- ..mills, of dolls-.
58
48
53
58
Western district
mills, of dolls
196
179
172
181
Lapse rates
1925-26= 100..
146
MONETARY STATISTICS
Foreign exchange rates:
Argentina
dolls per gold peso
0.586
0.586
0.586
0. 920
Belgium
dolls per belga
.139
.139
.139
.223
Brazil
dolls, per milreis_.
.076
.076
.076
.086
Canada..- _ _ _ dolls, per Canadian doll
1.012
.873
.866
.875
Chile .
dolls, per peso
.060
.060
.101
.060
England
dolls, per £._
3 28
5.15
3.28
3.36
France
dolls, per franc..
.063
.039
.039
.039
Germany
dolls, per reichsmark..
.382
.238
.238
.238
f Revised series. For earlier data see pp. 18, 19, and 20 of the July 1933 issue
collections).
«Revised.
1,006,185 1,112,715 1,158,416 1,178,788 1,185,105 1,176,669 -1,177,667 1,180,573 1, 189, 581
852, 986
935, 987
974, 142
978, 286
976, 377
1,921
147
422
10
41
13
44
66
33
17
44
154
1,352
19
129
239
400
69
224
272
51, 098
6,407
18, 737
1,909
161
466
17
48
17
59
61
38
24
45
157
1,282
20
119
194
431
61
212
245
47, 972
8,074
19, 021
1,648
133
362
9
35
11
40
46
32
17
41
131
1,153
13
97
200
387
46
174
236
35, 345
4,420
13, 047
960,170 o 947, 822 950, 814
939, 885
1,421
120
325
7
33
11
30
26
20
11
42
145
976
15
100
138
364
36
146
177
27,481
5,655
8,282
1,472
114
357
25
42
11
42
49
18
17
30
123
1,003
18
99
148
387
41
134
174
42, 776
9,367
15, 192
1, 116
115
273
4
20
4
37
38
13
17
19
121
728
5
58
115
284
35
93
138
21, 847
4,833
7,646
1,206
112
314
13
46
13
36
31
22
19
15
119
780
10
63
81
310
41
105
170
30, 582
8,447
8,850
148
72, 870
2,378
157
500
15
43
17
55
59
27
22
43
219
1,721
9
121
361
450
107
355
318
65, 576
9,157
24, 363
1,948
150
462 !
9
47
18
45
51
27
22
64
179
1,336
11
86
230
351
96
268
294
48, 500
7,713
17, 583
5,599
1,170
739
1,233
341
526
607
545
150
372
121
279
650
764
14
228
267
493
345
3,342
2,464
374
1,482
1,120
8,467
32, 056
72
322
2,539
2,766
461
671
1,463
7,389
23, 204
90
421
3,618
2,867
1,410
975
951
7,628
25, 954
687
525
2,542
5,098
1,726
1,271
904
5,803
20, 877
374
311
2,166
2,179
678
1,118
948
5,125
17, 878
221
559
2,285
858
420
436
689
2,635
13, 544
223
35
2,652
2,995
213
631
591
6,661
18, 217
320
14
2,102
771
404
248
355
3,510
9, 368
31
151
993
452
415
874
668
4,537
13, 285
293
1,376
5, 051
7, 987
3,040
7,324
7,206
1,277
3, 576
4,619
1,608
6,378
5,656
4,093
2,888
5,766
793
4,672
7,054
1,366
2,741
4, 576
952
4,421
6,447
1,103
2,432
5,064
587
3,331
5,140
882
1,401
3,971
446
2,363
4,258
1,574
2,347
6,757
491
2,334
4,394
598
1, 113
2,928
218
1,754
2, 726
746
1,042
3, 859
595
1,910
4, 840
16, 984
6,077
1,382
4,695
16, 981
6,033
1,368
4,665
17, 020
6,002
1,357
4,645
17, 047
5, 960
1,343
4,617
17, 030
5,910
1,322
4,588
17, 107
5,876
1,311
4,565
17, 134
5,837
1,300
4,537
17,162
5,794
1,286
4,508
17,212
5, 747
1,266
4,481
6,259
1,427
1,672
2,637
523
6,266
1,447
1,670
2,631
518
6,275
1,465
1,666
2,627
517
6,267
1, 466
1,665
2,618
518
6,293
1,494
1,669
2,613
517
6,326
1,522
1,671
2,615
518
6,389
1,569
1,681
2,619
520
6,428
1,599
1,689
2,619
521
6, 480
1,650
1,692
2,618
520
2,997
2,975
2,987
2,987
2,970
2, 965
2,957
2,951
2,945
934
14
681
239
609, 725
16, 842
168,400
424, 483
229, 590
17. 283
7,571
51, 997
152, 739
1,047
12
776
259
640, 414
17, 345
187, 761
435, 308
229, 160
14, 545
8,718
50, 448
155, 449
996
14
747
235
628, 778
21,711
183, 462
423, 605
227, 102
13,906
6,878
48, 519
157, 799
1,034
14
762
258
645, 320
22, 450
190, 138
432, 732
241, 776
15, 308
7,786
53, 440
165, 242
1,076
25
792
258
687, 776
43, 295
198, 046
446, 435
237, 338
22, 056
7,412
50, 987
156, 883
1,076
33
802
242
666, 095
42, 456
205, 780
417, 859
254, 831
36, 407
8,252
54, 025
156, 147
1,156
18
881
257
688, 620
24, 437
229, 545
434, 638
223, 281
21, 900
7,902
47, 853
145, 626
962
33
702
226
577, 776
23, 028
180, 105
374, 643
208, 976
17, 051
6,842
52, 939
132, 144
1,082
23
812
246
657, 362
25, 920
212, 452
418,990
225, 336
19, 024
7,216
53, 612
145, 484
474
211
46
51
166
462
209
45
48
160
132
464
206
47
53
158
495
213
49
55
178
490
209
47
57
177
154
483
195
50
56
182
493
207
48
58
180
418
167
43
52
156
136
465
194
45
54
172
0.586
.140
.076
.835
.060
3.42
.039
.238
0. 583
.140
.076
.835
.060
3.43
.039
.239
0.605
.145
.076
.847
.060
3.58
.041
.244
0.679
.163
.076
.876
.063
3.93
.046
.274
0.711
.171
.076
.899
.075
4.14
.048
.288
0.807
.195
.079
.945
.084
4.65
.055
.333
0.794
.192
.080
.943
.082
4.50
.054
.327
0.861
.207
.082
.965
.087
4.66
.058
. 354
0.861
.207
.085
.976
.089
4.67
.058
.354
(insurance written and admitted assets); and p. 18 of the June 1933 issue (premium
32
SURVEY OF CURRENT BUSINESS
1933
Monthly statistics through December 1931, 1933
together with explanatory footnotes and references to the sources of the data, may be found Novem- Novem- Decemin the 1932 Annual Supplement to the Survey
January
ber
ber
ber
January 1934
1933
February
March
April
May
June
July 1 August Septem- October
ber
l
FINANCE—Continued
MONETARY STATISTICS-Continued
Foreign Exchange Rates— Continued.
India
.
.dolls, per rupee.. 0.383
0.248
0.349
0 254
0.296
0.248
0 269
0. 350
0 258
0 258
0 350
0.311
0.339
Italy
dolls, per lira
084
072
051
061
064
074
051
051
051
078
051
054
078
.206
.304
Japan
dolls, per yen..
.207
.221
.240
.288
.269
.207
.208
.213
.258
.273
.278
Netherlands
dolls, per florin..
.402
.646
.402
.562
.402
.470
.554
.599
.403
.404
.490
.600
420
.131
Spain
dolls, per peseta
082
082
082
124
082
100
104
115
124
084
089
117
.266
Sweden
dolls, per krona
.213
232
241
.174
202
.240
.241
. 179
183
183
182
188
.763
Uruguay
dolls, per peso. _
.473
.532
.702
.473
.560
.651
.648
.473
473
.474
478
.708
Gold and money:
Gold:
Monetary stocks, U S
mills, of dolls
4,323
4 292
4 317
4 323
4 327
4 324
4 429
4 547
4 491
4 313
4 319
4 260
4 301
Movement, foreign:
Net release from earmark. thous. of dolls..
600 48, 566 * 71, 023 * -91, 494 *-178,285 *- 100,092 33, 701 22, 114
84, 471
79, 467
49, 305
3, 545
26, 867
Exports
- - .thous. of dolls
2,957
22 925
16
14
21 251
28 123
58, 281
34 046
81 473
13
16 741
4 380
85 375
Imports
_.
thous. of dolls. _
1,894
1,544
21, 756 100, 872 128, 479
1,085
1,696
30, 397
6 769
1,785
1, 136
1,496
14, 948
Net gold imports, including gold released
from earmark#* .
thous. of dolls. . -463
592
—921 — 7,442
70, 306 171, 872
36, 957 — 169,409 —113, 287 23, 729
975
301
-5, 483
Production, Rand.
fine
ounces-- 898,468 978, 716 960, 618 967, 457 883, 775 946, 863 895, 097 944, 604 918, 633 923, 671 934, 714 901, 799 908, 888
Receipts at mint, domestic. . .fine ounces.. 162, 280 163, 545 141, 598 115, 188 89, 016 187, 694 120, 461 114,017 64, 445 99, 581 86, 265 105, 985 155, 532
Money in circulation, total. _ .mills, of dolls. . 5,681
5,643
5,631
5,892
5,742
5,675
5,616
5,632
5,656
5,699
5,876
6,998
6,137
Silver:
464
Exports
-thous. of dolls. .
235
2,572
7, 015
3,321
2,281
1,551
209
269
875
1,260
193
343
4,080
Imports
thous. of dolls
11 602
1 494
1 763
5 275
4 106
1 693
15 472
5 386
3 490
1 203
855
1 520
430
Price at New York...
dolls, perfineo z _ _
.382
.254
.341
.384
.267
.261
.376
.361
.250
.279
.357
.307
Production, estimated, world (85 percent of
total)
thous. of fine oz._ 11,257
10, 493
11, 674
9,772
9,676 0 12, 019
8,280
9,003
8,726 10, 226 10,917
9,658
11, 656
1,638
Canada
- thous. offineoz . 1,474
1,092
644
1,227
1,007
1 014
1,747
1,005
1,019
1 309
1, 618
1 015
6,000
« 6, 661
5, 920
Mexico
...thous. of fine oz_.
5,902
4,221
4,324
7,159
5, 197
5, 738
5,543
6,436
5,067
4,628
1,863
United States
thous. of fine oz._
2,052
1,552
1,781
1,627
2,574
1,489
1,960
1,603
1,907
1,933
1,465
1,918
Stocks, end of month:
5,638
5,669
United States
thous. of fine oz_.
3, 665
5,801
5,444
5,432
8,215
5,931
8,261
8, 568
3,537
7,060
6,583
1,744
Canada
thous. of fine oz
1,909
2 340
1 862
1 651
1 785
1 559
1 640
1 707
1 690
2 028
1 859
1 831
NET CORPORATION PROFITS
(Quarterly)
Profits total
mills, of dolls. .
423 3
209 5
123 8
309 1
Industrial and mercantile, total
d
d
mills, of dolls. .
37 9
77 2
128 9
18 6
d
Autos, parts and accessories-mills, of dolls..
50 1
42 5
<*30 9
4 6
Foods
mills, of dolls
17 8
25 8
18 9
26 2
d
d
Metals and mining.
. mills, of dolls..
21
16
61
7 6
A
d
d
Machinery
mills, of dolls..
16
01
3 9
18
d 0 2
Oil
- mills of dolls
17 8
Steel and railroad equipment
d
d 30 7
d 30 1
mills, of dolls
<*4 7
15 9
Miscellaneous
mills, of dolls..
37.7
25.4
14 4
17.1
Public utilities
mills, of dolls..
60.0
67.1
65.6
62.0
Railroads, class I
mills, of dolls..
186.2
119.2
33.9
130.8
Telephones...
.mills, of dolls .
48 2
41 4
47 1
54 6
PUBLIC FINANCE (FEDERAL)
23, 050
Debt, gross, end of month
mills, of dolls.. 23, 534 20, 806 20, 806 20, 802 20, 935 21,362 21, 441 21, 853 22, 539 22, 610 23, 099 23, 051
Expenditures, chargeable to ordinary
receipts
thous. of dolls . 216, 860 246 159 762 406 247 785 213 091 282 368 359 464 270 053 411 352 203 150 181 926 258, 327 404, 458
Receipts, ordinary, total
thous. of dolls.. 219, 493 124, 507 351, 695 134, 044 12l| 312 283, 286 130^ 552 167, 152 306, 162 179,011 197, 533 333, 252 272, 747
31,938
26, 565 24 051
Customs
- thous. of dolls
33, 793
32 690
22 943
25 081
18 352
]6 442
17 444
17 400
20 515
19 929
164, 148
Internal revenue, total
thous. of dolls.. 135, 707 85, 484 210,995 86, 805 90, 715 242, 464 89, 062 114! 754 251, 601 131,116 163, 158 318, 986
27 713 176 259
17, 783
Income tax
thous. of dolls
10, 348
14 091 134, 343
14 328 141 033
19 500
15 688 146 575
11 983
17 889
Reconstruction Finance Corporation loans outstanding, end of month:
Grand total
thous. of dolls 1,962,402 1 192 722 1 224 800 1 310 342 1 473 870 1 597 590 1 674 876 1 823 882 1 852 903 1 855 24° 1 864 817 1 852 456 1 829 663
Total section 5 as amended. thous. of dolls..- 1,451,067 1,069,644 1,127,771 1,170,646 1,294,424 1,361,577 1,384,232 1,473,600 1,478,490 1,461,563 1,458,184 1,432,249 1, 398, 176
Bank and trust companies including
receivers
thous. of dolls 689, 391 572 586 594 631 611 789 669 217 691 385 686 867 736 926 673 8^1 672 003 689 180 682, 318 666, 463
Building and loan associations
72, 192
thous. of dolls.. 68, 534 81, 135 84, 248 85, 372 87, 385 86, 475 84, 832 83, 586 81, 891 80, 139 78, 055 75, 604
Insurance companies
thous. of dolls .. 65, 050 58, 864 62, 449 62, 902 63, 060 72, 259 72, 484 73, 779 70, 098 68, 022 68, 241 67, 793
67, 596
Mortgage loan companies.thous. of dolls. . 160, 612 77, 396 77, 080 79, 464 109, 812 113, 353 110, 300 110,257 155, 508 155, 094 158, 357 158, 199 157, 101
Railroads, including receivers
thous. of dolls. . 333, 423 249, 952 272, 472 280, 042 296, 230 310, 921 323, 196 340, 856 354, 061 331, 290 331, 102 331, 755 330, 157
All other under section 5. thous. of dolls. _ 134, 057 29, 711 36, 890 51, 074 68, 718 87, 182 106, 550 128, 192 143, 107 155, 010 133, 245 116, 575 104, 367
Total emergency relief and construction act
as amended
thous. of dolls 397, 938 53 078 97 029 139 697 179 447 223 264 270 313 394 800 330 950 342 037 347 315 353, 813 362, 135
Self liquidating projects, .thous. of dolls.. 60, 020
56, 038
48, 540
360
30, 134
41, 801
18, 664
20, 684
27, 231
37, 972
18, 337
25, 126
15, 737
Financing of exports of agricultural sur3,912
pluses
thous. of dolls.. 34, 405
3,687
3,402
1,498
Financing of agricultural commodities,
and livestock
thous. of dolls
4,498
2,571
3,170
1 277
2,920
1 213
1 228
2 724
2 742
3 195
1 325
1 205
2 445
Amounts made available for relief and
work relief—
thous. of dolls 299, 015 51 442 79 968 120 148 159 557 201 376 242 743 294 846 298 075 299 373 299 193 299, 015 299, 015
Total bank conservation act as amended
thous. of dolls.. 110, 097
63, 096
66, 052
12, 750
25, 483
51, 643
59, 320
20, 333
43, 464
Agricultural adjustment act of 1933
thous. of dolls.. 3,300
3,300
3,300
CAPITAL ISSUES
Total, all issues (Commercial and Financial
Chronicle)..
thous. of dolls.- 90, 279 76, 400 157, 920 109, 963 56, 513 19, 094 45, 388 59, 643 222, 644 161, 990 52, 901 94, 176
59, 363
Domestic, total
thous. of dolls.. 90, 279 76, 400 157, 920 109, 963 56, 513 19,094 43, 788 59, 643 162, 644 161, 857 52, 901 94, 176
59, 363
Foreign, total
thous. of dolls. _
0
0
0
0
1,600
133
0
0
0
0
0
0
60, 000
Corporate, total
_.
thous. of dolls
26, 765
3, 109
6,511 41 591 28 844
14, 050
37 555
5 418
15 634
95 955
35 541
60 378
64 517
Industrial
thous. of dolls.. 6,511
3,109
763
0
14, 050
22, 903
7,592
3,270
2,660
9,043
86, 730
8,766
15, 415
Investment trusts
thous. of dolls..
0
0
1,200
0
0
0
0
0
0
0
0
1,089
0
Land, buildings, etc
thous. of dolls..
0
220
900
0
0
0
0
0
0
600
0
0
0
o
o
o
o
o
o
o
o
o
0
Long-term issues
thous of dolls
220
900
200
Apartments and hotels, thous. of dolls..
0
0
0
0
0
0
0
0
0
0
0
0
0
Ofnce and commercial -thous. of dolls.0
0
0
0
0
0
0
0
0
0
0
0
0
o
o 37 608 3 124 44 925
o
o
Public utilities
thous of dolls
414
7 000
2 148 28 104
6 591
3 000
0
o 4 778
o 41,963 1 061
o 3,862
o
Railroads
.
thous. of dolls
1 800
36, 241
15,000
12 000
0
0
0
0
0
0
0
o
o
0
o
Miscellaneous
thous. of dolls
1,355
75
Farm loan bank issues
thous. of dolls..
o 30, 000
0
5,000
0
o
0
0
o
13, 000
9,500
1,400
35, 000
Municinal, States, etc
thous. of dolls. . 83.768 29. 809 116.076 35. 946 17. 558 13. 677
9.847
44. 009 102. 266
31. 035
38. 852
37.411
Sfi. 254
* New series superseding old series which covered the physical movement only. For earlier data see p. 20 of December 1932 issues (netJ gold imports), and p. 20 of the
August 1933 issue (Reconstruction Finance Corporation),
<» Revised.
# Or exports ( — ) .
=deficit
* Allowance has been made for gold earmarked at Bank of England for the account of the Federal Reserve Bank of New York.
* Differs from Federal Reserve Board figure, since $8,900,000 declared for export on Feb. 28 was not actually taken from Federal Reserve Bank of 'New York until
Mar. 1.1933.
^
.
SURVEY OF CUREENT BUSINESS
January 1934
1933
Monthly statistics through December 1931, 1933
together with explanatory footnotes and references to the sources of the data, may be found Novem- Novem- Decemin the 1932 Annual Supplement to the Survey
January
ber
ber
ber
33
1933
Febru-
ary
March
August September
October
April
May
June
July
43 802
43, 802
3,584
0
40, 218
0
15, 841
12, 050
110 148
110, 148
12, 082
0
98, 066
0
112, 496
48,296
117 083
116, 950
52, 760
35,000
29,190
133
44 907
43, 061
45,600
45,600
14, 050
0
31, 550
0
7,302
58, 702
58, 702
3,109
0
55, 592
0
0
63, 814
63,814
8,911
18, 000
36,903
0
30, 362
17, 854
56, 254
3,109
3,109
FINANCE—Continued
CAPITAL ISSUES-Continued
Total, all issues— Continued.
Purpose of issue:
New capital, total
thous of dolls
88, 257
Domestic, total
.thous. of dolls__ 88, 257
Corporate
.
. _ .thous. of dolls..
6,511
Farm loan bank issues.thous. of dolls__
0
Municipal, State, etc. -thous. of dolls.. 81, 746
0
Foreign...
. .thous. of dolls
2,022
Refunding, total
thous of dolls
o
Corporate .
thous. of dolls Type of security, all issues:
Bonds and notes, total
thous. of dolls.. 83, 843
75
Corporate. . .
-thous. of dolls
Stocks
thous. of dolls—
6,436
State and municipals (Bond Buyer) :
Permanent (long term)
thous of dolls
Temporary (short term)
thous of dolls
SECURITY MARKETS
Bonds
Prices:
All listed bonds, avg. price (N.Y.S.E.)
81.36
dollars..
82.98
Domestic issues
dollars
Foreign issues
dollars74.67
Domestic (Dow-Jones) (40)
62.14
percent of par 4% bond..
Industrials (10) . .percent of par 4% bond_. 53.51
Public utilities (10)
percent of par 4% bond—
70.37
Rails, high grade (10)
79.22
percent of par 4% bond..
Rails, second grade (10)
percent of par 4% bond_.
52.77
Domestict (Standard Statistics) (60) .dollars..
82.6
U.S. Government (Standard Statistics)*
dollars .. 101. 39
Foreign (N.Y. Trust) (40)— percent of par..
61.53
Sales on New York Stock Exchange:
296, 989
Total
thous. of dolls, par value
Liberty-Treas— thous. of dolls, par value. . 93, 536
Value, issues listed on N.Y.S.E.:
Par, all issues
mills, of dolls.. 42, 010
Domestic issues
.
mills, of dolls . 33, 821
Foreign issues
mills, of dolls. . 8,189
Market value, all issues
mills, of dolls.. 34, 180
Domestic issues
mills, of dolls . 28, 085
Foreign issues
mills, of dolls—
6,115
Yields:
5.72
Domestic t (Standard Statistics) (60) .percentIndustrials (15)
percent-6.73
Municipals (15)t
percent..
4.89
5.41
Public utilities (15)
percentRailroads (15)
..percent-5.86
Domestic, municipals (Bond Buyer) (20)
percent
Domestic, U.S. Government:
Treasury bonds (3 long term)
percent-3.60
Treasury notes and certificates (3-6
months)
percent-.22
Cash Dividend and Interest Payments
and Rates
Total (Journal of Commerce) thous. of dolls.. 412, 855
Dividend payments...
thous. of dolls- 109, 950
Industrial and miscellaneous
thous. of dolls.. 98, 500
Railroads, steam
thous. of dolls..
2,000
Railways, street
thous. of dolls
2 300
Interest payments
thous. of dolls.. 302, 905
Dividend payments (JY. Y. Times)
thous. of dolls.. 259, 518
Industrial and miscellaneous-thous. of dolls.. 243, 742
Railroad
thous. of dolls
15 776
Dividend payments and rates (Moody' s):
Dividend payments, annual payments at
current rate (600 companies) mills, of dolls — 1, 017. 8
Number of shares, adjusted
millions
926 13
Dividend rate per share, weighted average
(600)-..
dollars- 1
1.10
Banks (21)
dollars3.55
Industrials (492)
dollars
82
Insurance (21)
dollars-1.66
Public utilities (30)
dollars2.07
Railroads (36)
dollars-.91
44 801
44, 801
10, 633
5,000
29, 168
0
31 599
30, 958
122 713
122, 713
10, 399
13,000
99, 315
0
35 207
18, 446
74, 487
39, 678
1,913
64 610
64,610
22 157
9,500
32, 953
16 265
16, 265
3,170
0
13,095
45 353
42 360
19 636
19, 636
1,314
1,400
16, 922
0
36 877
36, 241
2 829
2,248
24 928
24,928
17, 335
0
7,593
0
20 460
18, 207
153, 209
24, 133
4,711
106, 713
61 267
3,250
56, 513
37, 555
0
13, 677
5,418
5,418
44, 453
34, 607
935
56, 559
12, 550
3,084
213, 592
51, 326
9,052
79, 096
13, 061
82, 894
38,852
0
14,050
85, 265
17, 854
8,911
47 726
40,589
165 167
145 590
85 930
105 173
64 951
77, 389
45 573
92 719
58 579
172 948
53, 915
105, 047
107, 905
210, 783
37 831
13,916
111, 143
16, 858
68 613
43,006
73.91
81 36
60 72
77.27
81 65
60.22
78.83
83 32
61 34
74.89
79 09
58.45
74.51
78.58
58.59
76.57
80.07
62.86
80.79
84.73
65.31
82.97
86.84
67.77
84.43
88.03
70.26
84.63
87.91
71.34
83.00
85.82
71.54
82.33
84.70
72.85
47.51
46.98
44.05
44.81
46.94
47.66
45.22
44.35
42.01
39.88
41.35
42.32
50.64
51.57
67.67
58.92
73.00
62.85
72.67
62.02
69.58
59.79
66.99
56.50
69.49
69.79
73.66
71.53
64.99
64.62
69.09
74.60
79.63
79.47
76.57
75.83
85.74
85.47
o
o
662
0
78.19
77.88
82.49
81.92
77.23
73.62
80.35
84.35
88.95
89.95
27.98
83.1
24.20
82.2
25.95
84.1
25.17
82.5
23.92
76.7
22.71
75.4
30.60
82.0
59.23
86.8
66.32
89.6
65.72
89.9
62.34
87.9
58.38
86.5
102. 57
53.17
103. 19
57.51
103. 75
59.83
103. 36
54.19
101. 09
53.55
102. 00
55.52
102. 91
56.47
103. 54
57.11
103. 62
59.50
103. 40
58.95
103. 51
57.97
103. 51
58.78
158 905
15, 782
241 850
37, 424
260 021
38, 362
230 082
45, 387
193 181
55, 176
269 585
61,000
350, 626
38, 367
344, 050
23, 583
323, 139
20, 498
216, 818
15, 597
234, 296
33, 886
231, 520
34, 678
51, 543
32, 942
18,600
38, 095
26, 801
11, 294
41, 305
32, 866
8,438
31,918
26, 836
5,082
41, 173
32 770
8,403
32, 457
27 302
5,154
41,107
32, 738
8,369
30, 785
25, 893
4,892
41,006
32, 666
8,340
30, 554
25, 668
4,887
40, 948
32, 624
8,324
31, 354
26, 121
5,233
40, 844
32, 553
8,291
32, 998
27, 583
5,415
40, 878
32, 593
8,285
33, 917
28, 303
5,615
40, 812
32, 538
8,274
34, 458
28, 645
5,813
41,613
33, 376
8,237
35, 218
29, 342
5,877
41, 581
33, 370
8,212
34, 514
28, 639
5,875
40, 875
32, 680
8,195
33, 651
27, 681
5,970
5.68
7.32
4.38
5.14
5.86
5.75
7.38
4.37
5.06
6.19
5.59
7.29
4.23
4.91
5.93
5.73
7.60
4.28
5.11
5.93
6.25
8.14
4.88
5.54
6.45
6.38
8.27
5.05
5.63
6.56
5.78
6.94
5.27
5.26
5.63
5.37
6.39
4.71
5.03
5.34
5.15
6.16
4.60
4.86
4.97
5.12
6.14
4.54
4.84
4.95
5.28
6.30
4.59
5.01
5.23
5.39
6.49
4.60
5.12
5.35
4 65
4 61
4 48
4 92
5 24
5.69
5.35
5.09
5.00
4.98
4.94
5.01
3.55
3.48
3.39
3.47
3.58
3.55
3.47
3.40
3.38
3.40
3.40
3.42
.04
,07
.01
1.34
.45
.29
.07
.19
.01
.04
.09
"432,872
"125, 340
546,439
120,200
863, 492
270, 600
387, 200
145,400
430, 351
140, 000
561, 279
136,850
428, 449
153,884
571,529
134,350
763, 219
205,900
349, 620
101,800
391,589
90,700
645, 205
180, 150
"106,000
«7,100
a 3 900
307,532
102,800
5,900
2 000
426, 239
230, 500
10,500
4 100
592, 892
117,000
8,000
4 900
241,800
102, 200
11, 300
3 300
290, 351
96, 409
11, 500
2,600
424, 429
144,400
1,425
2,674
274, 565
115,800
2,950
3,000
437, 179
158,200
16,500
3,000
557,319
88,100
4,900
2,700
247,820
264, 189
243, 592
20 597
205, 769
190, 508
15 261
164, 840
140, 343
24 497
222, 244
206, 328
15 916
162,468
158, 000
4 468
130,607
124, 823
5,784
218, 591
199, 362
19, 229
211, 890
191, 066
20, 824
116,211
105, 160
11, 051
211, 432
197, 493
13,939
1, 126. 8 1, 119. 7 1, 112. 9 1,070.3 1, 024. 9 1, 006. 2
925 58 925 25 924 21 924. 39 922. 56 923. 32
976.0
923. 36
965.4
923. 29
972.4
923.63
970.6
923. 84
70,100
6,800
500
300, 889
164, 629
158, 577
6 052
978.8
923. 78
129,750
18,200
4 300
465, 055
123, 492
117,263
6 229
978.2
923. 80
1.22
4.79
90
1.89
2.34
.81
1.21
4.79
.89
1.89
2.31
.81
1.20
4.78
.88
1.89
2.31
.86
1.16
4.78
.82
1.78
2.31
.86
1.11
4.36
.78
1.76
2.25
.86
1.09
4.32
.77
1.66
2.19
.86
1.06
4.32
.72
1.66
2.19
.86
1.05
3.99
.72
1.66
2.19
.86
1.05
3.99
.73
1.66
2.19
.86
1.05
3.99
.73
1.66
2.15
.90
1.06
3.99
.75
1.66
2.11
.90
1.06
3.99
.76
1.66
2.07
.91
62 1
27.6
27 4
57.63
92 71
22.56
47 5
45.4
77.6
25 5
59.1
27.1
26 2
55.05
89 54
20.58
47.4
44.8
79.6
25.7
62.7
28.0
28 1
58.65
94 81
22.50
49.1
46.2
81.8
27.6
56.1
23.9
26.9
52.99
84.55
21.43
44.9
42.5
73.1
26.7
57.6
21.8
27.4
53.17
85.07
21.27
43.2
41.6
67.0
25.6
65.0
21.6
27.4
60.09
97.20
22.97
47.5
48.8
63.5
26.3
81.6
27.7
37.6
74.59
118. 40
30.79
62.9
65.3
79.2
37.5
94.1
34.1
44.2
85.26
134. 53
36.01
74.9
77.3
96.9
44.0
100.4
34.7
51.7
88.46
135. 84
41.09
80.4
83.5
97.5
52.6
98.4
30.8
49.6
88.24
135. 86
40.63
75.1
78.8
87.1
49.4
100.3
27.9
47 2
86.46
135 45
37.49
74.8
80.7
80.1
47 2
92.8
24.9
38.9
79.54
127 86
31.23
69.5
75.5
75.0
40.3
63.5
67.9
42 5
63 3
65 8
41.7
41.4
44.0
42.5
/51.8
• Revised, f Revised series. For earlier data see p. 19 of the April 1933 issue.
49.2
38.1
53.1
50.4
60.7
55.7
60.9
60.0
58.3
58.2
50 7
56.6
47.1
53.6
Stocks
Prices:
Dow-Jones:
Industrials (30)
Public utilities (20)
Railroads (20)
New York Times (50)
Industrials (25)
Railroads (25)
Standard Statistics (421)
Industrials (351)__
Public utilities (37)
Railroads (33)
Standard Statistics:
Banks, N.Y. (20)...
Fire insurance (20)
dolls,
dolls,
dolls,
dolls,
dolls,
dolls,
per share
96 4
per share-23.7
per share
38 6
per share82.87
per share
134 22
per share-31.52
1926= 100. .
69 1
1926=100..
76.7
1926=10070.0
..1926=100.
38 4
1926=100
.1926=100-
47.2
37.8 1
* New series.
See p. 20 of the June 1933 issue for earlier data.
34
SURVEY OF CURRENT BUSINESS
1932
Monthly statistics through December 1931, 1933
together with explanatory footnotes and references to the sources of the data, may be found Novem- Novem- Decemin the 1932 Annual Supplement to the Survey
January Februber
ber
ber
ary
January 1934
1933
March
April
May
June
August Septem- October
ber
j July
FINANCE—Continued
SECURITY MARKETS— Continued
Stocks— C ontinued
Sales, N Y S E
thous of shares
33 646
Values, and shares listed, N.Y.S.E.:
Market value all listed shares-mills, of dolls. _ 32, 542
Number of shares listed
millions 1,295
Yields:
Common, Standard Statistics (90). .percent..
3.65
Industrials (50)
percent _.
3.26
Public utilities (20)
percent
6 13
Railroads (20). _ _
percent
2. 62
Preferred, Standard Statistics:
Industrials, high grade (20)
percent. .
6.51
23 038
23 208
18 720
19 320
20 089
52 901
104 229
125 627
120 300
42 466
43 319
39 379
22,259
1,312 !
22, 768
1, 312
23, 073
1,303
19, 701
1,296
19, 915
1,293
26, 815
1,294
32, 473
1,294
36, 349
1,285
32, 762
1,281
36, 670
1,290
32, 730
1,293
30, 118
1, 293
1
|
i
|
5.68
6.00
5.61
3.28
5.42
5.78
5 28
3.05
6.10
6. 36
6. 10
4. 13
6.30
6.25
6.82
5.22
5.58
5.24
6 83
5.12
3.99
3.67
5 18
3.59
3.27
3.02
4 12
3.06
3. 02
2. 76
4. 09
2. 58
3. 25
2. 93
4. 78
2. 73
3.37
2.96
5 48
2.93
3.59
3.25
5.61
2.51
7.19 |
7.34
7.17
7.32
7.52
7.32
6.78
6.38
6. 22
6. 20
6.26
6.38.
5.84
6. 12
5. 87
3.33
Stockholders (Common Stock)
American Tel. & Tel. Co., total
number
Foreign....
. number
Pennsylvania Railroad Co., total
number.
Foreign
number
U S Steel Corporation, total
number
Foreign ._ ...
._..
.numberShares held bv brokers. _ percent of total
701, 037
7,507
250, 506
3 323
190 853
700, 212
7, 554
248, 688
3 310
193 140
3, 192
16.07
3, 155
15.21
690 886
7, 564
244, 295
3 279
187 477
3,151
17.91
682. 299
7,629
240, 237
3 ''34
196 105
3,171
18. 66
1
FOREIGN TRADE
;
INDEXES
Value:
Exports, unadjusted
1923-25 — 100
Exports, adjusted for seasonal. _1923-25 = 100_.
Imports, unadjusted
1923-25 = 100
Imports, adjusted for seasonal. .1923-25 = 100..
Quantity, exports:
Total agricultural products
1910-14=100..
Total, excluding cotton
1910-14 = 100..
49
42
40
30
40
37
32
32
32
35
33
30
on
32
31
30
29
29
26
26
28
28
29
26
28
29
27
25
32
33
32
iS
40
38
43
44
48
35
38
48
50
42
40
45
48
!
|
!
!
51
42
47
46
111
79
120
85
116
67
97
73
71
58
67
59
59
51
47i
47
72
45
80
51
66
50
97 j
120
Exports, incl. re-exports
thous. of dolls.. 184, 256 138, 834 131,614 120, 630 101, 530 108, 032
By grand divisions and countries:
2,609
2,335
2,632
2,864
3, 055
Africa
thous. of dolls. . 4, 670
22, 684
25, 272
20, 171
30, 177
Asia and Oceania.
thous. of dolls. . 37, 573 °27 92'?
7, 299
9,614
13, 325
15, 653
11, 185
Japan
thous. of dolls.. 17, 056
51,099
50, 321
64, 421
62,218
Europe
thous. of dolls. . 94, 864 °70, 299
8,924
11,158
10, 241
7,653
7,955
France
_
thous. of dolls
14 082
8, 563
12,670
10, 452
11,739
7,035
Germany
thous of dolls
16 9^9
4,412
4,443
4,058
3,986
5,566
Italy
thous. of dolls
5 934
24, 753
21, 309
18, 730
21,491
17, 645
United Kingdom _
thous. of dolls. _ 33, 564
12, 664
11, 703
18, 824
14, 200
13, 645
North America, northern. _ thous. of dolls. . 23, 251
13,841
18,326
12, 432
11,501
13,437
Canada
thous. of dolls.. 22, 709
8,091
10,412
9,296
10, 621
"9, 784
North America, southern. .thous. of dolls. . 11,648
2,682
2, 829
2,173
2,967
2, 867
Mexico
thous. of dolls. . 3, 685
8, 131
7,573
9, 396
8,125
10, 095
South America
thous. of dcJls.. 12, 249
2,635
2,712
2,785
1,873
2,711
Argentina
thous. of dolls
4 559
2,682
1,912
3, 578
3,397
2, 605
Brazil
thous. of dolls.. 2,862
234
294
291
375
348
Chile
thous. of dolls..
491
By economic classes:
Exports, domestic
thous. of dolls.. 181,291 136, 402 128, 975 118,600 99, 438 106,310
29, 359
42, 294
52, 234
31> 848
55, 326
Crude materials.
_thous. of dolls.. 71,298
38.5
20.6
18.1
39.0
Raw cotton
mills, of dolls..
48.8
12,819
19, 885
15,961
16^178
13, 397
Foodstuffs, total
thous. of dolls. . 24, 054
3,244
8,610
4,663
3, 524
4, 367
Foodstuffs, crude
thous. of dolls. . 6,654
11,594
11,515
9,575
9,873
11,275
Foodstuffs, manufactured.thous. of dolls. _ 17,400
3.9
7.9
4.6
3.8
4.8
Fruits and preparations.mills. of dolls. _
9.7
5.9
4.4
4.1
4,5
4.6
6.6
Meats and fats
mills, of dolls
2.0
1.3
3.5
2 i
1.2
Wheat and
flour
mills of dolls
1.6
15,742
13, 242
14, 589
15,831
16, 507
Manufactures, semithous. of dolls. . 24, 186
Manufactures, finished,. -thous. of dolls. _ 61,753 46, 601 45, 038 44, 296 41,528 47, 047
4.4
6.3
6.9
6.5
5. 1
Autos and parts
mills, of dolls..
7.3
5.4
3.8
4.6
5.1
3. 9
7.2
Gasoline
mills, of dolls. .
9.2
9.4
8.5
10.2
9.7
Machinery
mills of dolls
16 0
Imports, total
_
thous. of dolls . 128, 505 304,468 97, 087 95, 994 83, 803 94, 864
By grand divisions and countries:
2, 502
1,990
2,636
1,631
1,946
Africa
thous. of dolls.. 2,764
Asia and Oceania.
thous. of dolls.. 39, 043 30, 348 30, 628 31,090 24, 247 28, 760
12, 322
7, 935
5, 686
7,527
11, 730
Japan
thous. of dolls. _ 11,657
26, 794
28, 192
35, 422
28, 967
28, 226
Europe
...
thous. of dolls. . 43, 580
3,824
2, 991
3,000
4,549
3, 128
France
thous of dolls
5 626
5,212
5 ^12
4,752
4,873
6,380
Germany
thous. of dolls _
6, 604
2, 552
2, 693
3, 984
3, 618
2,977
Italy
thous. of dolls.
3, 180
4, 852
5,347
5,796
6,540
4,371
United Kingdom
thous. of dolls.. 9, 254
13, 789
11,419
8,567
10, 123
11,493
North America, northern. . thous. of dolls. . 17,890
8,529
13,021
10,055
11,006
10, 744
Canada
thous. of dolls.. 17, 123
8, 684
9,334
9,079
8, 197
11,490
North America, southern. .thous. of dolls. . 9, 760
1,819
3,046
2, 303
2, 285
2,575
Mexico
thous. of dolis.. 2,305
14,719
14, 008
14, 667
13, 723
13, 563
South America
thous. of dolls .. 15, 468
3,177
1,257
1,148
1,636
1,018
Argentina
thous. of dolls. . 3,415
7,244
6.114
7,056
6,617
5, 816
Brazil
thous, of dolls.. 5, 885
194
230
260
145
271
Chile.. _ .
thous. of dolls..
953
By economic classes:
21,129
23, 633
27, 780
28, 737
27, 205
Crude materials
thous. of dolls _ 37, 266
17, 864
18,411
17,929
19, 153
17,643
Foodstuffs, crude
thous. of dolls.. 14, 854
12, 821
12,817
12, 097
15, 145
10,519
Foodstuffs, manufactured.thous. of dolls.. 15, 744
14, 751
16. 154
13, 606
16,615
Manufactures, semithous. of dolls. . 27, 841
19, 107
22, 924
21, 889
28, 099
23* 440
Manufactures, finished
thous. of dolls.. 32. 800
105, 219
114,243
119,809
144, 197
131,451
160,090 j
193,948
3,431
17, 823
6,406
52, 223
8, 164
8,977
3,101
18, 235
13,418
13, 159
10, 384
2, 852
7,784
2,535
2,320
297
2,462
20, 630
8,267
56, 883
8,077
11,415
4,558
18, 787
16, 730
16, 433
10, 364
3,274
7, 175
2,350
1,813
373
2,727
20, 625
7,720
58, 820
8, 178
10, 235
4, 329
22, 233
18, 421
18, 069
10, 636
2,821
8, 580
2,756
1,647
518
3, 262
30, 127
15,046
68, 081
8,516
11,349
4, 741
24, 787
21,300
20, 927
11,723
3,524
9. 704
3,414
2,327
456
3,744
24, 446
10, 157
62, 710
8,476
9,038
3,596
24, 686
20, 768
20, 301
10, 894
3, 315
8,890
2, 897
2,089
338
4,535
32, 120
15,599
81,857
12,340
13 685
7,221
28,489
21,461
20.978
9,473
3,324
10,643
3, 588
2, 650
656
4, 166
35, 050
10,825
308,811
17 041
17 8^1
$ 537
39 533
22,502
22,150
31,181
3,499
12.237
4 Ml
3. 194
458
103, 106
28, 621
16.9
11,310
2, 510
8,800
2.9
4.0
1. 1
15,292
47, 884
111,883
34, 977
26.1
13,044
3, 024
10, 020
3.8
4.9
1.0
17,644
46, 218
7.4
3.7
9. 1
106, 903
117, 533
40, 257
29.3
13,362
2,704
10, 659
2.9
5.5
1.2
18, 181
45. 732
' 7.0
3.9
9.3
122, 262
141,661
51, 509
36.8
] 5, 383
3,078
12, 305
4.3
5.7
1.1
21,359
53, 410
7.5
6.0
10.1
142, 992
329,292
41,968
28.2
16, 886
3,062
13, 824
5.6
5.4
1.5
20, 465
49, 973
8.1
3.4
10.9
154, 976
157,461
63,573
45.3
38,700
3,398
15,302
6.8
5. P
1 3
21,261
53,928
8.3
3.9
33 7
146,652
1,208
31,751
8, 462
30, 805
2,733
5,113
3,282
8,010
15, 405
14, 800
12, 697
3,586
15, 036
1,320
6,958
438
2, 243
33, 909
11,467
41, 174
3,111
6, 800
3,720
11,171
15,716
15, 263
10,931
2,505
18, 289
1,772
5,158
3,788
2,607
47, 796
14, 423
43, 782
3,825
7,466
3,538
12,577
19, 809
19, 383
11,541
2,461
17, 457
4,037
6,427
763
3,179
47, 024
14, 099
51, 147
5,410
8,702
3,473
14, 073
18, 024
17, 666
11, 128
2,503
24, 475
6,234
9,063
806
3,914 !
44,397 ,
11,217
49,989
5,0(4
8, 505
3, 10S
12,093
20,493
39, (*7'J
10 989
1,87)
17, Sh6 ,
4.53«j
f t , 57)
1,0'L'
2,303
45 (,Q1
14, ;.03
"1,908
5, llf
7, 6( 7
3, *38
V 253
20,071
l c *, «»38
<), M^
1,7M>
L'l, 123
- 942
8, 08 x
1,54"
24, 920
19, 721
20, 303
18, 337
23, 622
34, 301
17, 775
19, 083
27, 813
23, 290
46, 441
15, 897
22, 878
31,021
26, 755
50, 660
19, 758
15,644
35. 233
33, 681
48. 334
16,846
14, 3f» )
33,510
33,5%
16. 874
37,741
17, 089
-33,183
D\969
32
VALUE §
G.Q
8.8
88,412
1,198
27, 069
8,055
24, 421
2,207
4,727
3,318
5,095
11,140
11,078
11,678
2,517
12, 906
827
6, 105
409
21,134
16, 557
16, 270
13,537
20, 914
j
;
i
;
'
'
i
i
1
i
:
!
i
i
.
i 393,721
i 82.545
!
54.3
23,510
i
5.042
i 38,468
11.0
6. 2
12
: 24,573
63,094
i
8.6
:
6.5
:
13 5
! 150,856
a
Revised.
§ 1932 figures include final revisions except certain of the content figures for the final quarter. For revisions for January through March 1932, see issues of March,
April, and May 1933. Revisions for November 1932 caused by corrections in exports of cotton to Mexico, Germany, and Japan.
SUKVEY OF CUKRENT BUSINESS
January 1934
i
1932
Monthly statistics through December 1931, 1933
together with explanatory footnotes and references to the sources of the data, may be found Novem- Novem- Decemin the 1932 Annual Supplement to the Survey
January
ber
ber
ber
35
1933
February
March
April
May
June
July
August Septem- October
ber
TRANSPORTATION AND COMMUNICATIONS
TRANSPORTATION
Express Operations
Operating revenue
Operating income
7,039
134
thous. of dolls
thous. of dolls..
7,351
124
6,603
136
6,368
138
6,438
129
6,523
115
6,746
122
6,659
121
6,357
132
6,374
138
6,743
139
8.235
684, 096
47, 600
8.235
728, 015
50, 459
8.192
690, 837
47, 384
8.192
640, 635
43, 656
8.169
689, 427
46,471
8.143
763, 031
45, 784
8.143
693, 493
47, 401
8.143
658, 806
45, 134
8.136
620, 424
42, 913
8.136
637, 278
45, 055
8.143
650, 745
44, 225
8.143
700, 745
58
72
41
23
63
59
70
7
56
57
66
40
24
59
51
68
10
57
« 2, 190
491
19
64
111
52
74
48
18
57
50
64
51
63
44
20
59
53
65
5
45
56
56
40
22
61
50
69
20
57
1, 910
429
21
55
106
69
613
48
51
35
21
58
39
63
5
45
50
55
35
20
69
45
62
23
47
1,841
366
18
59
104
52
624
8
611
681
362
244
51
44
27
24
76
50
65
8
54
53
53
29
22
99
53
63
17
52
2, 505
397
17
86
177
82
803
16
926
619
314
237
56
47
33
30
81
51
68
21
60
56
52
33
28
99
54
66
14
57
2,128
318
15
83
148
66
661
31
805
553
281
204
60
54
44
36
83
46
67
32
64
60
63
44
34
95
54
67
18
61
2,265
362
20
100
147
62
654
44
876
454
242
148
66
66
55
38
98
46
70
62
67
65
75
63
39
82
55
70
34
64
3,109
561
33
134
225
75
832
110
1,139
393
216
117
65
72
55
37
64
50
69
90
63
61
74
61
35
53
56
69
53
57
2,503
494
27
109
118
66
680
137
872
398
237
106
68
72
59
35
69
63
70
96
68
60
67
60
33
57
53
68
59
66
70
54
33
64
68
70
68
69
58
62
53
32
610
692
381
233
"i
52
19
56
46
64
5
44
54
65
45
19
58
49
66
20
51
1,958
492
25
55
101
62
618
7
598
650
368
206
3,205
625
35
123
156
101
842
184
1,138
380
223
106
Electric Street Railways
Fares average (320 cities)
Passengers carried t
Operating revenues
8.143
. cents
688, 201
thousands
thous. of dolls. .
Steam Railroads
Freight carloadings (F.R.B.):
Index, unadjusted
1923-25= 100. .
Coal
.1923-25=100
Coke
1923-25-100
Forest products
-1923-25=100
Grain and products
1923-25—100
Livestock
. . -1923-25=100
Merchandise, l.c.l
1923-25=100
Ore
1923-25-100
Miscellaneous
._
1923-25=100
Index, adjusted
1923-25=100
Coal
1923-25=100..
Coke
.- .-1923-25=100
Forest products
1923-25—100
Grain and products
.1923-25=100
Livestock
1923-25=100 .
Merchandise, 1 c.l
1923-25=100
Ore
1923-25=100
Miscellaneous
1923-25=100-.
Total cars 1
- -thousands
Coal
-- thousands
Coke
thousands
Forest products
..
thousands
Grain and products
thousands
Livestock
.
_
-thousands
Merchandise, 1 c.l
thousands
Ore
- -- - thousands
Miscellaneous.
thousands .
Freight-car surplus, total
thousands. _
Box
thousands
Coal
thousands
Equipment, rnfrs. (See Trans. Equip.)
Financial operations (class I roads):
Dividends paid. (See Finance.)
Operating revenues
thous. of dolls..
Freight
thous. of dolls..
Passenger
thous. of dolls..
Operating expenses
- - _ - thous. of dolls. .
Net operating income. thous. of dolls. Operating results (class I roads):
Freight carried 1 mile
mills of tons
Receipts per ton mile,
cents..
Passengers carried 1 mile
millions. Waterway Traffic
Canals:
Cape Cod
..--thous. of short tons—
New York State
thous. of short tons..
Panama total
thous. of long tons
TJ g vessels
- thous. of long tons
St Lawrence
thous. of short tons
Sault Ste. Marie
thous. of short tons...
Suez
thous. of metric tons
Wellaud
thous. of short tons-..
Rivers:
Allegheny -thous. of short
Mississippi (Government barges)
thous. of short
Mononsrahela
thous. of short
Ohio (Pittsburgh to Wheeling)
thous. of short
Ocean traffic:
Clearances, vessels in foreign trade
thous. of net
Foreign
thous. of net
United States
thous. of net
Shipbuilding. (See Trans. Equip.)
« 663
12
"753
622
353
198
45
58
69
45
22
59
50
69
20
57
2,487
626
28
66
132
^83
777
9
765
647
376
196
257, 676 a250, 744
209, 912 a 3,06
24, 972
24, 859
191, 824 « 187, 696
37, 566 a 33, 396
246, 062
188, 164
30, 202
188, 205
32, 857
226, 555
179, 239
26, 654
181, 680
13, 266
211, 613
168, 790
23, 585
170, 864
9,855
217, 599
174, 916
21, 886
175, 295
10, 548
224, 877
180, 212
22, 920
173,296
19, 041
255, 256
207, 490
23,911
181, 584
40, 693
278, 311
223, 236
30,981
185, 325
59, 483
293, 708
240, 172
30, 964
194, 908
64, 307
297, 018
241, 242
32, 242
202, 453
60, 978
292, 147
235, 434
32, 014
199, 416
60, 936
294, 342
239, 603
29, 835
204, 594
57, 265
21, 754
1. 020
1,156
21, 102
.978
1,380
19, 986
.995
1,167
19, 117
,977
1, 045
19,357
1. 009
997
19, 831
1.012
1,088
21, 732
1.046
1,170
23, 712
1.036
1, 495
26, 460
.996
1,633
26, 468
.999
1,717
26, 130
1,006
1,716
26, 412
1,070
224
588
1,532
682
751
2,877
2,021
1,087
224
0
1,622
587
51
215
2,177
147
200
0
1, 464
560
0
0
2, 225
0
158
0
1,435
623
0
0
1,983
0
192
0
1,738
724
0
0
2,468
0
212
183
1, 528
664
352
696
2,289
588
245
542
1, 630
783
835
3,490
2,142
1,109
207
479
1,691
779
994
3,582
1,960
1,239
288
473
1,669
823
839
6,050
2, 179
1,121
254
623
1,914
1,002
980
7,690
2,227
1,212
233
517
1, 797
961
1,129
8, 452
2, 166
1,373
299
593
2,126
1,082
1,041
7,154
2, 394
1,353
222
281
664
775
3,022
93
691
111
968
385
228
111
150
110
83
81
92
115
168
283
291
351
234
219
tons..
tons_-
113
763
94
776
81
799
72
683
79
701
82
776
113
1,022
110
1,397
133
1,561
115
1,339
119
812
97
429
tons.-
659
494
434
465
400
357
456
576
827
732
851
eoo
415
tons..
tons
tons..
5, 074
3, 160
1,914
5,019
3,084
1,936
4,299
2,701
1,598
4,226
2,633
1,594
4,050
2,460
1,590
4,528
2, 861
1,667
3,326
1,782
1,544
5, 129
3,259
1,870
5,515
3,530
1,985
5,991
3,779
2,212
6,363
4,059
2,304
5, 661
3,631
2,031
5,349
3.392
1,957
34, 775
13, 248
30, 671
9,102
22, 889
6,913
24, 300
7,854
24, 506
7,633
24, 945
8,070
29, 557
9,365
38, 543
12, 629
54, 247
18, 861
61, 504
21,417
65, 181
22, 798
56, 830
21, 515
50, 413
19, 356
2.97
53
3.13
50
2.98
47
2.94
54
2.98
51
2.80
45
2.85
48
2.71
51
2.83
47
2.84
48
2.98
49
2.91
2.93
57
13, 179
14, 597
3, 232
2,251
4. 601
14, 879
22, 129
8,031
2 006
6. 007
13, 259
20, 461
8,040
1,846
4.838
14, 159
19, 792
5,019
1,511
5,742
17. 005
19, 097
4,345
1,277
4,945
18, 414
16, 682
4,287
1,393
6,480
18,539
16,012
4, 409
1,300
9,744
20, 029
17, 727
4,002
1,694
17,428
18, 325
22 238
l6! 414
1, 726
23, 563
24. 453
42, 135
5, 256
1.830
12,323
43, 525
37, 626
5,120
2,628
7. 540
46, 528
27, 137
3, 784
2, 961
5. 913
25, (175
23, 285
3,856
3,004
4.790
Revised.
. 51
66
49
59
2,606
500
27
98
98
1,075
tons
Travel
Airplane travel:
Passengers carried*
number-Passenger miles flown* thous. of miles.Hotel business:
Average sale per occupied room
dollars.Rooms occupied .
. percent of total
Foreign travel:
Arrivals, U.S. citizens
number-Departures, U.S. citizens .... number.
Emigrants
number
Immigrants
number. ..
PassDorts issued
_ .number. _
1
61
72
54
33
67
60
68
17
61
60
66
53
34
63
52
67
24
62
2, 366
502
26
93
124
82
667
30
843
441
253
136
, ther months, 4 weeks,
ie-r data not published.
36
SUEVEY OF CURRENT BUSINESS
1932
Monthly statistics through December 1931, 1933
together with explanatory footnotes and references to the sources of the data, may be found Novem- Novem- Decemin the 1932 Annual Supplement to the Survey
ber
ber
ber January
January 1934
1933
Fe
a^U- ! March
April
May
June
July
August Septem- October
ber
TRANSPORTATION AND COMMUNICATIONS—Continued
TRANSPORTATION-Continued
Travel— Continued
National parks:
Visitors. .
.
Automobiles __
Pullman Co.:
Passengers carried
Revenues, total
.
number
number .
44, 464
10, 205
36, 290
7,947
27, 343
5,662
36, 463
6,226
43, 379
6,496
40, 969
5,734
66, 313
11, 326
92, 518
21, 733
229, 496
59, 924
440, 728
117, 750
441, 795
117, 261
182,954
49, 109
75, 140
19,933
thousands..
thous of dolls
1,054
1,078
2,902
1,248
3,294
1, 158
3, 208
952
2,784
872
2,643
974
2,880
951
1,201
3,608
1,224
3,356
1,351
3,621
1,392
3,798
1,256
2,711
80, 679
56, 356
17, 575
55, 444
17, 061
15, 261
81,904
56,500
18, 507
56, 175
18, 540
15, 142
79, 726
56, Oil
17,016
58, 215
14,024
15, 015
76, 061
53, 962
15, 512
55, 559
13, 102
14, 902
78, 925
54, 615
18, 155
57, 387
14, 254
14, 779
78, 053
54, 116
17, 442
55, 653
14, 897
14, 676
80, 797
54,706
19, 502
57, 297
15, 996
14, 589
80, 704
54, 104
19, 832
56, 193
16, 201
14, 483
79, 421
52, 341
20, 167
55, 473
15, 954
14, 399
79, 356
52, 294
20, 295
55,700
16, 383
14, 368
78, 615
52, 668
19,206
55, 271
15, 829
14,427
80, 395
54, 250
19, 219
56,209
16, 571
14,444
7,706
5, 697
7,425
* 104
8,352
6,334
7,010
888
7,317
5,529
7,117
* 194
6,976
5,250
6 605
^346
8,827
6,841
7,055
1,375
7,992
6,133
6,655
938
9,169
6,952
6,945
1,817
9,557
7,289
7,790
1,309
9,297
7,032
7,434
1,447
9,171
7,065
7,715
1,041
8,838
6,746
7,598
844
8,663
6,562
7,627
625
4,662
4,890
2,570
5,170
5, 505
7,923
7,452
2,063
13, 502
12, 771
1,316
.
COMMUNICATIONS
Telephone (class A companies) :
Operating re venues. ..
-thous. of dolls..
Station revenues
thous. of dolls..
Tolls, message
thous. of dolls..
Operating expenses
.
thous. of dolls
Operating income
thous. of dolls..
Stations in service, end of mo
thousands
Telegraphs and cables:
Operating revenues
thous of dolls
Commercial telegraph tolls thous. of dolls
Operating expenses
thous of dolls
Operating income
thous. of dolls. .
CHEMICALS AND ALLIED PRODUCTS
CHEMICALS
Alcohol:
Denatured:
Consumption (disposed of)
thous. of wine gal
Production
thous of wine gal
Stocks, end of month thous. of wine gal
Ethyl:
Production
thous of proof gal
Stocks, warehoused, end of month
thous. of proof gal _
Withdrawn for denaturing
thous. of proof gal
Methanol, wood distilled:
Crude:
Production*
gallons..
Stocks, total*
gallons..
Reflned:
Exports. _
_
gallons..
Price, wholesale, N.Y
dolls, per gal..
Production*
gallons..
Shipments*
gallons..
Stocks, end of month*
__ gallons. _
Methanol, synthetic:
Production
_
gallons. _
Shipments
gallons..
Stocks, end of month
gallons. .
Explosives:
Orders, new*
thous. of lb._
Sulphur and sulphuric acid:
Sulphur, production (quarterly) long tons
Sulphuric acid (104 plants):
Consumed in prod, of fertilizer. short tons..
Price, wholesale 66°, at works
dolls, per short ton_.
Production
short tons
Purchases:
From fertilizer mfrs
short tons..
From others
.
short tons._
Shipments:
To fertilizer mfrs
short tons
To others..
.
short tons
6,277
4,917
3,468
5,328
4,616
2,750
4,519
3,614
1,839
3,758
3,909
1,988
3,900
4,147
2,230
3,654
3,682
2,256
4,818
4,915
2,349
5,099
2,483
5,574
2,544
7,391
6,014
9,084
8,229
9,012
9,149
10, 683
11, 684
12, 482
13, 968
16, 509
16, 140
14, 782
15, 922
16, 639
19, 186
19, 094
20,382
22, 230
24, 595
25, 423
18, 948
8,011
6,722
5,969
6,691
7,013
6,071
8,264
8,688
8,654
9,486
290, 557
273, 701
96, 293
.37
5,278
18, 020
303, 026
228, 867
312, 481
297, 163
256, 826
281, 484
268, 064
288, 198
174, 201
271, 914
184, 921
253, 499
179, 368
317, 110
210, 709
285, 619
262, 446
295, 354
243, 183
337, 174
83, 731
.37
140, 584
195, 065
241, 325
62, 156
.37
173, 636
196, 786
218, 175
112, 122
.37
165, 860
59, 546
324, 489
62, 613
.37
117, 236
90, 285
351, 440
233, 754
.37
124, 086
93, 848
381, 678
147, 338
.37
82, 846
105, 559
358, 965
59, 621
.37
95, 365
105, 578
348, 752
33, 100
.37
98, 131
131, 203
315, 680
93, 833
.37
153, 199
108, 628
360, 251
42, 458
.37
181, 625
97, 697
444, 179
.37
106, 494
91, 462
459, 179
12, 478
36,523
21, 775
312, 085
406, 939
55, 553
.37
163,619
175, 608
447, 222
531, 635 643, 598 352, 748 324, 527 178, 232 425, 333 366, 015 559, 002 561, 918 860, 314 1,460,589 1, 643, 040
819, 251 587, 406 512, 781 625, 484 665, 702 576, 646 761, 369 830, 220 732, 735 955, 301 1,425,009 1, 732, 458
3,154,482 3,210,674 3,050,641 2,749,684 2,262,214 2,110,901 1,715,547 1,444,329 1,273,512 1,178,525 1,214,105 1, 124, 687
23, 256
20, 336
18, 985
17, 971
16, 510
16, 179
16, 197
16, 497
116, 478
188 607
20, 327
23, 834
25, 086
25, 107
25, 084
322, Oil
233, 233
153, 193
99, 615
102, 886
100, 446
87, 500
76, 573
71, 649
67, 162
53, 586
71, 951
116, 322
94,881
160, 688
15.50
153, 435
15. 50
115, 684
15.50
15.50
114,618
15.50
79, 328
15.50
73, 900
15.50
90, 605
15.50
76, 530
15.50
98, 587
15.50
119,350
15.50
99 825
131,492
15.50
134, 370
15.50
158, 406
34, 589
33, 680
14, 702
13, 429
17, 583
13, 794
15, 002
10, 625
9 987
10, 309
9,830
8,544
12, 222
14, 487
8,247
7,311
10, 323
13, 320
23, 829
16, 147
29, 102
21, 804
17, 765
23, 604
27, 126
31, 693
23 255
33, 728
10, 165
22, 805
15 284
24, 363
14 641
26, 538
14 063
21 675
14, 439
19, 751
14 065
23 612
13, 194
37, 278
14, 236
30, 819
13, 251
38, 885
16, 511
41, 970
31,215
23, 276
36, 270
38, 327
FERTILIZER
Consumption, Southern States \
86
18
38
65
822
43
thous. of short tons..
60
234
85
205
1,118
295
Exports, total §
long tons 117,954 71, 724 71, 136 56, 163 59 894 85, 481 69 580 60, 349 85, 534 81, 140 90, 433 123, 289
6,579
8,628 19, 834 1
11,813 13, 833 18, 185
7,625
Nitrogenous §
long tons
9,845
5,987
8,829
4 239
7 836
Phosphate materials
long tons 102, 115 50, 299 52 314 44 128 50 143 73, 165 63 621 52, 479 71, 624 70, 789 79, 428 97, 481
375
250
352
281
166
Prepared fertilizers
_ . long tons
104
65
55
73
14
57
80
81, 207 102, 028 107, 076
Imports, total §
_._ ....
long tons
118, 139
85, 206
47, 956
97, 507 102, 204 101, 085 105, 083
94, 313
90 349
56, 682
34, 129
38, 490
72, 190
Nitrogenous §
„ long tons
58, 718
59, 561
48, 627
61, 535
30, 760
70, 934
55, 281
65 457
5,248
5,308
3,943
29, 921
13, 762
8,431
Nitrate^of soda §
long tons
2 516
106
4,887
48
405
66
9,643
2,949
4,603
5,246
Phosphates
„
long tons.. 7,351
5,814
3,486
4,888
3,934
4,878
5, 956
4,539
39,006
56, 045
38, 053
19, 107
Potash
long tons
48 685
22, 714
21 885
24 478
20 537
24 968
7 128
17 998
Price, nitrate of soda, 95 percent, N.Y.
1.295
1.315
1.295
1.345
1.295
1.345
1.295
dolls, per cwt._
1.270
1.305
1.295
1.295
1.295
Superphosphate, bulk:
Production
short tons
209 476 224 794 227 154 188 631 167, 114 158,890 177, 649 130, 271 163, 953 262, 705 240, 243
Shipments to consumers
short tons..
7,892 16, 188 31, 561 155, 402 265, 511 94, 066 21, 508 17,515 15, 403 94, 417
13, 028
Stocks, end of month
.short tons..
979. 903 1.076.520 1.089.429 1.066.567 897. 888 521. 297 477. 497 514, 853 565, 370 691,913 735, 552
* New series. For earlier data see p. 20 of the April 1933 issue (methanol) and p, 19 of this issue (explosives).
t Figures revised due to dropping of Missouri from Southern States classification. See p. 19 of this issue for earlier data.
§ Data for 1932 revised. See p. 36 of the June 1933 issue.
* Deficit.
100
116, 584
9, 059
102,986
763
123, 390
70, 729
29, 652
5,677
44, 548
1.295
317, 470
73,920
859/449
SURVEY OF CURRENT BUSINESS
January 1934
1933
Monthly statistics through December 1931, 1933
together with explanatory footnotes and references to the sources of the data, may be found Novem- Novem- Decemin the 1932 Annual Supplement to the Survey
January Februber
ber
ber
ary
37
1933
March j April
May
June
July
August Septem- October
ber
CHEMICALS AND ALLIED PRODUCTS—Continued
NAVAL STORES
Pine oil:
Production
gallons..
Rosin, gum:
Price, wholesale "B," N.Y. ..dolls, per bbl._
Receipts, net, 3 ports
bbl. (500 lb.)..
Stocks, 3 ports, end of month. bbl. (500 lb.)-Rosin, wood:
Production
bbl (500 lb )
Stocks, end of month
bbl. (500 lb.)...
Turpentine, gum:
Price, wholesale, N.Y
dolls, per galReceipts, net, 3 ports
bbl. (50 gal.)..
Stocks, 3 ports, end of month. bbl. (50 gal.)..
Turpentine, wood:
Production
bbl. (50 gal.)_.
Stocks, end of month
bbl. (50 gal.)..
269, 719
227, 273
199, 202
233, 286
186, 598
202,929
184, 760
208, 133
215, 130
271, 014
283,152
258,081
274, 095
4.84
81, 896
209, 218
3.44
76,804
346,908
3.01
71, 458
332, 613
2.89
35,064
295,859
2.89
30, 639
263,270
2.89
35, 796
237, 350
3.28
63, 372
212,526
4.10
110,450
227,022
4.30
121,946
219, 882
5.16
123,977
234, 578
4.96
113, 107
227, 943
6.08
91, 251
218, 280
4.85
90, 474
211,422
43, 197
71, 058
31, 308
98,048
29, 220
100, 053
31, 188
104, 771
25,583
104, 223
26,597
98, 615
24,926
86,406
31, 045
70, 934
35, 163
63,058
41, 033
61, 785
42,961
57, 010
43, 213
60, 305
44, 821
65, 957
.47
18, 535
80, 383
.45
18, 125
91, 212
.42
15, 979
91, 971
.45
6,283
84,096
.45
2,826
74, 894
.46
6,710
63, 679
.43
18, 176
59, 212
.47
32,359
67, 117
.46
35,549
64, 824
.51
35, 265
70, 451
.48
33, 237
74,920
.47
26,911
79, 563
.44
24, 479
79, 616
6,880
14, 078
5,454
10, 602
5,070
13, 112
4,975
14, 194
4,175
14,399
4,255
12,387
3,831
10, 863
5,028
6,981
5,514
7,242
6,516
5,673
6,779
5,496
6,642
8,004
6, 929
11, 526
OILS, FATS, AND ANIMAL
BYPRODUCTS
Animal fats and byproducts (quarterly) :
Animal fats:
149, 864
Consumption, factory
thous of lb
Production ...
thous. of lb_
570, 199
235, 326
Stocks end of quarter
thous. of lb_.
Gelatin, edible:
3,511
Production
thous of lb
9,107
Stocks, end of quarter
thous. of lb._
Greases:
48, 575
Consumption, factory.
thous. of lb._
80, 058
Production
thous of lb
72, 013
Stocks, end of quarter
thous. of lb._
Lard compounds and substitutes:
225, 932
Production...
.thous. of lb..
26, 265
Stocks, end of quarter
.thous. of lb._
Fish oils (quarterly) :
36, 817
Consumption, factory
thous. of lb__
28, 682
Production
thous of lb
197, 290
Stocks, end of quarter.
thous. of lb._
Vegetable oils and products:
Vegetable oils, total:
Consumption, factory (quarterly)
837, 087
thous. of lb__
5,223
3,961
6,356
7,406
Exports..
thous. of lb._
Imports §
thous of lb
90, 331 60, 631 66, 191 75, 298
798, 395
Production (quarterly)
thous. of lb._
Stocks, end of quarter:
575, 970
Crude
thous. of lb
763, 781
Refined
thous. of lb_.
Copra and coconut oils:
Copra:
Consumption, factory (quarterly)
56, 959
short tons
Imports.
_
short tons.. 36, 312 25,049 26, 772 18,009
28, 084
Stocks, end of quarter
short tons
Coconut or copra oil:
Consumption, factory:
127, 640
Crude (quarterly)
thous. of lb
Refined, total (quarterly)
67, 701
thous. of lb
In oleomargarine
thous. of lb._ 14, 307 11,936 12,234 13,434
Imports
._._
thous. of lb-_ 40, 668 14, 912 26, 110 28, 136
Production (quarterly) :
70, 819
Crude
thous. of lb
Refined
thous. of lb..
59, 847
Stocks, end of quarter:
120, 928
Crude
thous. of lb
Refined
thous. of lb._
14, 227
Cottonseed and products: f
Cottonseed: t
Consumption (crush)..
short tons.. 576, 957 "674, 807 483, 290 419, 354
Receipts at mills
short tons 846, 525 "899, 250 381, 139 300, 753
Stocks at mills, end of month-short tons.. 1,342,640 '1,442,585 1,328,607 1,211,440
Cottonseed cake and meal: f
10, 119
Exports §
short tons
18, 430 28, 698 21, 941
Production.
short tons 258, 955 «303, 396 216, 133 190,943
Stocks at mills, end of month-short tons.. 315, 070 «367, 469 366, 626 342, 565
Cottonseed oil, crude: t
Production— _
_
thous. of lb._ 179, 866 "208, 734 151,315 130, 699
Stocks, end of month
...thous. of lb._ 159, 877 "146, 793 143, 835 146, 688
Cottonseed oil, refined:
Consumption, factory (quarterly)
thous. of lb._
229, 799
In oleomargarine
thous. of lb_.
1,938
1,519
1,467
1,378
Price, summer yellow, prime, N.Y.
dolls, per lb_.
.045
.037
.035
.036
Production f
. thous. of lb 151, 963 « 183, 284 133, 618 112, 212
Stocks, end of month f
thous. of lb._ 723, 138 «670, 807 730, 492 759, 730
« Revised.
t For revisions of the year ended July 1932, see p. 20 of the February 1933 issue.
§ Data for 1932 revised. See p. 37 of the June 1933 issue.
138, 652
598,610
283, 313
176, 561
579, 049
373, 655
4,937
10, 751
3,180
9,822
1,328
8,009
44, 889
79, 411
71, 894
59, 535
89 974
75, 634
50, 665
88, 529
79, 633
203, 564
25, 020
245, 010
21, 792
247 898
23, 648
29, 741
18, 197
181, 374
6,627
40, 237
173, 578
641,744
375, 650
41, 795
6,602
149, 105
44, 536
39 797
151,614
660, 362
701, 039
4,697 "~2,"357~ ""27243"
1,234 ~"~I,"744~
69, 913 55, 039 82, 720 87, 056 65,624
600, 825
432, 308
664,447
839, 933
27,300
59, 225
14, 852
24, 571
488, 679
769, 898
15, 754
24, 895
62,805
27, 257
23,779
120, 207
10, 706
13, 148
444"
84, 938
72, 476
8,715
29, 776
564, 074
655, 532
46, 581
31,783
141, 082
69, 426
13,498
29,651
12,788
20, 210
12, 272
32,677
617, 782
504 "~~2~232
68, 490
86, 451
547, 514
76, 805
24, 983
44, 537
32,530
161,829
10, 750
13, 026
12, 659
22, 727
81 498
13, 251
1,886
76,028
61, 785
79 942
68, 389
96, 526
79, 931
138, 551
14, 382
138,024
16,815
14, 687
36,203
132, 530
16,400
440, 333 368, 336
198, 291 148, 382
969, 398 749, 164
249, 267
95, 100
594, 997
219, 024 171, 669
71,921 40, 659
447, 894 316, 764
161, 560
65, 679
220,883
233, 223
232, 646
220,306
522, 590 646, 532
891, 359 1, 130, 474
589, 130 1, 073, 072
23, 873
198, 762
332, 624
5,039
167,464
286, 197
4,564
115, 602
221, 453
5,373
100,631
207, 175
50
79, 975
197, 902
961
74, 237
160, 631
2,231
106, 632
178, 853
8,986
232, 851
258, 257
16, 494
289, 617
313, 114
139, 178
159,060
116, 668
161, 246
80, 163
122, 617
73, 324
81, 279
56, 347
63, 759
51, 745
52, 444
70,878
58, 826
159, 454
119, 580
201, 648
145, 196
1,274
209, 942
1,408
1,382
1,491
262, 648
1,379
1,274
1,332
263, 371
1,489
1,777
.035
.037
113,517 107, 938
802, 125 807, 376
.040
97, 615
804,201
.050
107, 508
779, 447
.056
70, 512
737,849
.064
57,450
676, 163
.052
58,090
640,607
.047
77, 593
622, 799
.042
156, 657
676, 537
38
SURVEY OF CURRENT BUSINESS
1932
Monthly statistics through December 1931, 1933
together with explanatory footnotes and references to the sources of the data, may be found Novem- Novem- Decemin the 1932 Annual Supplement to the Survey
January
ber
ber
ber
January 1934
1933
February
March
April
May
June
July
August Septem- October
ber
CHEMICALS AND ALLIED PRODUCTS—Continued
OILS, FATS, AND ANIMAL BYPRODUCTS— Continued
Vegetable oils and products — Continued.
Flaxseed and products:
Flaxseed:
Imports, United States
thous. of bu_.
Minneapolis and Duluth:
Receipts
thous. of bu_.
Shiprnents
thous. of bu_.
Stocks, end of month
thous. of bu_.
Oil mills:
Consumption, quarterly. thous. of bu_.
Stocks, end of quarter
thous. of bu._
Price, no. 1, Minn
dolls, per bu..
Production, crop estimate. -thous. of bu_.
Stocks, x\rgentina, end of month
thous of bu
Linseed cake and meal:
"
Exports
thous o f l b
Shipments from Minneapolis
Linseed oil:
thous. oflb..
Consumption, factory (quarterly)
thous. oflb..
Price, wholesale, N.Y
dolls. perlb..
Production (quarterly)
thous. of lb_.
Shipments from Minneapolis
thous. of lb_.
Stocks at factory, end of quarter
r A ™^
^.
thous. oflb,.
Lard compound:
Price, tierces, Chicago*
dolls, perlb..
Oleomargarine:
Consumption (tax-paid withdrawals)
thous. of lb-.
Price, standard, uncolored, Chicago
dolls, per lb__
Production
.
.- thous. of lb,_
PAINTS 1
Paints, varnish, and lacquer products: #
Total sales (588 estab )
thous. of dolls
Classified (315 estab )
thous of dolls
Industrial
thous. of dolls ._
Trade
thous. of dolls ..
Unclassified (273 estab.).. .thous. of dolls..
Plastic, cold-water paints, and calcimines:
Sales:
Calcimines
dollars .
Plastic paints
... .dollars..!
Cold-water paints
dollars
CELLULOSE PLASTIC PRODUCTS
Nitro-eellulose: *
Sheets, rods, and tubes:
Production
thous. of Ib
Shipments
.. .
thous. of lb._
Cellulose-acetate: *
Sheets, rods, and tubes:
Production
-thous. o f l b Shipments
- thous. of lb._
ROOFING
Dry roofing felt:
Production
short tons
Stocks, end of month
short tons_.
Prepared roofing, shipments:
Total
thous. squares..
Grit roll
thous. squares_Shingles (all types)
thous. squares
Smooth roll
thous. squares _ _
1,898
384
914
368
570
732
221
806
1,056
1,391
1,781
1,981
2,515
288
629
984
729
1,340
1,200
434
293
1,210
399
393
1,023
101
126
1,026
107
153
950
179
235
1,037
524
267
912
641
334
960
244
254
875
1,123
158
1,117
1,568
171
1,834
524
645
1,452
1.77
•6, 785
1.06
3, 121
1.09
1.16
1.10
4 365
1,646
1.13
1.28
1.43
4 968
854
1.72
2.05
1.88
6,074
2,869
1.88
1.80
4,998
* 11,671
1,575
3,937
5, 512
5,512
6,693
8,268
7,087
4,724
17, 797
14, 753
26, 690
5,512
22 799
6,299
61, 009
17, 291
20, 518
17, 676
26, 862
38, 382
2,939
58, 686
2,362
52, 481
1,772
56, 544
7,405
8,411
8, 576
8, 297
6,410
8,693
9,564
10, 799
7,792
8,651
6, 199
6,508
8,938
76, 975
.094
79, 035
~"~~~m
70, 824
.104
113,413
."097
7,855
5,861
4,864
5, 351
2,436
.069
.~096~ ""."067"
1,400
43, 833
.069
90, 987
."673"
."072"
3,462
39, 021 """"."078"
""""." 087"
.075
79, 595
8,770
"lOo"
4, 007
2,510
.074
.063
121, 775
.060
.059
.059
.060
.063
.073
.075
.083
.079
99, 632
.068
23, 597
20, 018
18, 269
22, 920
15, 498
23, 106
18, 358
19, 578
15, 578
18, 929
19, 227
23, 446
22,417
.078
23, 943
.095
19, 166
.095
20, 142
.095
21, 023
.080
17, 246
.077
21,387
.081
20, 439
.094
20, 031
.095
15, 530
.095
18, 406
.095
20, 859
.095
21, 553
.094
23, 664
16,234
12, 493
8,798
3,599
11, 666
8,195
13, 579
9,180
19, 044
13, 259
3,577
3,423
4,772
3,471
3,392
5,788
4,398
4,677
8,582
5,784
26, 241
17, 780
5,991
11, 789
8,461
27, 813
19, 272
3,697
9,485
6,730
3,223
3.507
2,755
11, 275
11, 223
8,542
22, 090
15, 033
6,406
8,627
7,057
20, 621
14, 163
6,323
7,840
6,457
19, 098
13, 007
5, 545
7,462
6,091
18, 944
12, 326
4,950
7, 376
6,618
68, 098
129, 064
42, 228
65, 660
50, 170
30, 756
60, 047
74, 379
37, 214
75, 988
104, 789
42, 320
99, 810
86, 440
44, 159
116, 523
88, 071
61,314
181, 543
114, 546
84, 241
152, 678
113, 739
83, 287
161,415
109, 266
61,443
143, 483
104, 376
63, 572
174, 793
79, 681
56, 844
154, 521
62, 429
66, 913
909
1,026
592
770
585
720
535
732
604
783
982
938
1,111
1,144
1,228
1,119
1, 585
1,551
1,598
1,450
1,387
1,277
258
279
168
160
142
125
119
117
149
211
235
221
242
221
192
222
230
232
214
230
207
218
16, 477
4,454
20, 741
3,701
19, 678
20,313
3,908
17,457
7,110
12, 434
5,989
14, 322
4, 341
2,267
2,804
2,026
522
470
1,275
691
672
1,441
552
435
1,039
2,700
662
617
1,421
1,774
487
465
822
2, 076
491
437
1, 147
2,582
555
480
1,547
4,656
6,566
5,012
5,197
4,108
4, 405
8,152
141, 105
7,698
3,530
4,168
10, 819
4, 499
9,450
4,662
7,604
4,827
5,460
4,864
11, 100
5,146
14, 168
1,559
327
342
890
1,202
271
192
739
621
141
118
362
840
191
113
535
1,694
348
323
1,022
2,731
525
522
1,685
4,959
86, 926
6,828
12, 444
5,472
ELECTRIC POWER AND GAS
ELECTRIC POWER
Consumption, industrial, for power purposes.
(See Business Indexes.)
Fuel consumed in production of electrical
energy. (See Fuels.)
Production, total f - mills, ofkw.-hrs..
By source:
Fuels
mills of kw -hrs
Water power
mills, of kw.-hrs..
By type of producer:
Central stations
mills of kw.-hrs
Street railways, manufacturing plants, etc.
mills of
Sales of electrical energy:
' *w.-hrs.Sales to ultimate consumers, total.
(N.E.L.A.)
mills, ofkw.-hrs..
Domestic service _ _ ..mills, of kw.-hrs .
Commercial —retail
mills, of kw.-hrs..
Commercial— wholesale, .mills, of k w.-hrs. .
Municipal and street lighting
T>oii~ rt r,Hc,.
mills, of kw.-hrs-.
Electrified steam
mills, of kw.-hrs
Street and interurban_.mills. of kw.-hrs. _
Gross revenue from sales of energy (Electrical
World)
thous. of dolls..
Revenues from ultimate consumers
(N.E.L.A.)
thous. of dolls..
« Dee. 1 estimate.
Final estimate.
Revised.
f
0
8
7,209
6,952
7,149
6,932
6,286
6,674
6,462
7,000
7,231
7,479
7 686
a 7 347
4 716
2, 493
4 087
2,865
4 377
2,772
3 982
2,950
3 651
2,635
3 664
3,010
3 368
3,094
3 603
3,396
4 207
3,024
4 648
2,831
4 765
2,921
4 440
2,907
a 4 357
a
2, 633
6,754
6 513
6 670
6 535
5 922
6 265
6 059
6 578
6 792
7 024
7 213
°6 908
a 7 038
455
439
479
397
364
409
403
422
439
455
473
439
453
5,423
1,076
1,117
2, 578
5, 345
1, 131
1, 125
2, 383
5,373
1,206
1,121
2, 343
5,026
1,074
1,044
2,248
4,878
1, 004
984
2,221
4,988
980
984
2,423
5,237
907
969
2,772
5,603
889
997
3,159
5, 760
867
1,013
3,310
5,872
864
1,014
3,401
5,830
940
1,041
3,254
5,780
1 003
1,068
3, 068
207
46
350
217
50
382
234
49
361
211
50
348
196
55
361
179
53
318
167
55
314
143
54
304
150
56
302
166
56
309
176
304
191
58
332
169, 730
171, 880
171,370
158, 620
149, 950 153, 590
154, 860
154, 930
160, 080
163, 580
156, 862 157, 561 160, 279 149, 768
142, 487 142,512 141.163 143.368 143. 212 143. 442 146.688
* New series. For earlier data (iard compound price) see p. 18 of this issue. Earlier data not available (cellulose).
# Since March 1932 detailed figures are not strictly comparable owing to changes in firms reporting.
t For revised data for year 1932 see pp. 38 and 56 of the May 1933 issue.
150.390
151, 920
151, 420
7 491
January 1934
SURVEY OF CURRENT BUSINESS
1932
Monthly statistics through December 1931, 1933
together with explanatory footnotes and references to the sources of the data, may be found Novem- Novem- Decemin the 1932 Annual Supplement to the Survey
January Februber
ber
ber
ary
39
1933
March
April
May
June
July
August Septem- October
ber
ELECTRIC POWER AND GAS—Continued
GAS
Manufactured gas:*
Customers, total
- - . -thousands
Domestic
_
thousands..
House heating
thousands
Industrial and commercial
thousands
Sales, to consumers
millions of cu. ft..
Domestic
millions of cu. ft_
House heating.
millions of cu. ft._
Industrial and commercial
millions of cu. ft..
Revenue from sales to consumers
thous. of dolls..
Domestic
thous. of dolls
House heating
thous. of dolls. _
Industrial and commercial -thous. of dolls..
Natural gas:*
Customers, total
thousands- _
Domestic
thousands
Industrial and commercial
thousands _
Sales to consumers
millions of cu. ft
Domestic
millions of cu. ft
Industrial and commercial
millions of cu. ft
Revenues, from sales to consumers
thous. of dolls .Domestic
thous. of dolls
Industrial and commerciaLthous. of dolls. .
30, 186
21, 338
2,030
31, 824
21, 641
3,244
9,907
9,356
61
482
32, 324
21, 937
3,424
6,632
6,737
6,778
6,661
33, 022
25, 596
1,458
5,845
34, 134
25, 802
2,213
5,990
34, 288
25 929
2,292
5,945
32, 872
24 608
2 289
5,841
5,486
5 020
5,499
5,032
466
88, 716
35, 325
5,470
5 003
465
90 047
40, 477
5, 503
5 Oil
50, 558
52 175
48, 777
25, 907
15, 464
10, 245
33, 407
21, 784
11, 455
35, 709
24, 450
11, 130
10, 038
9,484
62
484
464
73, 280
21, 625
10, 002
9,445
63
486
9,879
9,328
62
481
30, 949
20, 714
3,395
9,853
9,305
61
478
30,655
20, 821
3,216
1 9,824
i 9,279
!
61
!
476
i 30,459
i 21, 103
i 2,576
9,826
9,281
58
479
29, 937
21, 481
1,449
9,848
9,313
51
478
28, 483
20 999
473
221
9,897
9,365
44
481
25, 755
18, 610
195
6,607
6,864
6,886
6,763
6,828
6 648
6 882
32,509
32,435
24 551 ' 25 020
2 166 1 1 787
5,667 j 5,516
32, 205
25 422
1 014
5,649
31, 246
25 251
28, 825
23 224
28, 166
22 593
32 028
25 736
5 531
6,321
5,316
30 534
24 866
' 228
5 342
5,444
4 972
5 391
4 945
5 362
4 916
5,368
4 925
5 402
4 961
5 437
4 993
66 056
12 581
6,438 |
370
9,891
9,359
45
481
26, 129
19, 026
193
172
9 997
9,456
10 020
9 457
27, 579
20 532
29, 592
21 586
50
484
267
71
484
96°
661
5 522
5,470
4 986
482
80 289
33 153
5,430
I 4 955
i
473
! 73 188
! 28 182
62 095
20 687
56 339
13* 348
54 040
9 168
54 975
7 627
58 838
g' 45g
50 337
46 361
44 423
40 640
42 479
44 244
46 638
49 375
52 655
33, 936
22 250
11,487
30,858 :! 27,322
20,201
17 562
10,530 i 9,655
23, 359
14 664
8,604
19,817
11 253
8 482
17, 403
8 996
8 313
17, 309
8 446
8 753
18 26C
9 173
8' 952
21 216
11 205
9 §83
491
86 262
34 998
470
444
445
442
439
449
FOODSTUFFS AND TOBACCO
DAIRY PRODUCTS
Butter:
Consumption, apparent*
thous. of lb_. 134, 709 *139,387 1 134, 106 128,678 : 122, 655 129,093 133, 645 160, 871 128, 815 133, 123 142, 668 139,403 i 143,939
.24
Price, N. Y., wholesale (92 score) dolls, per lb_.
.23 i
.24
.20 1
.19
.21
.18 !
.23
.23
.25
.21
. 24 j
.24
Production (factory) f _
thous. of lb._ 112,413 109,790 ! 120, 841 127,076 I 119, 212 129,379 ! 135, 371 187, 205 200, 712 177, 638 166, 884 138,801 | 129,689
Receipts, 5 markets
thous. of lb__ 47, 955
40,714 i 43, 074
50,672
50, 828
44, 750
48, 079
65, 023
73, 116
64, 057
54,844 1 50,801
63, 877
Stocks, cold storage, creamery, end of month
thous. of lb._ 138, 090
37,207 ; 22, 043
17,833
9,255
11, 580
9,398
35, 159 106, 378 150, 934 175, 476 174, 713 | « 160, 463
Cheese:
39,871 ! 40, 549
Consumption, apparentf
thous. of lb._ 39, 978 « 43, 083 ! 41, 194
43,817
45, 273
56, 740
40, 835
45, 499
39, 212
41,305
44,770
Imports
thous. of Ib
6, 609
4,988
4,845
3,070 ! 3,545
2,892
3,891
6,862
5,527
2, 730 i
3, 830
3,440
3,100
.13
Price, No. 1 Amer. N.Y
dolls, perlb..
.13
.12
.13
.11
.11
.12
.15
.15
.15
.14
.13 I
.13
24,410
Production (factory) f
thous. of Ib
39,293 : 37, 716
31,387
29, 480
36, 281
34,073
64, 359
43,291 ! 36,494
56, 116
57, 813
49, 927
American whole rnilkf
thous. of lb__ 18, 027
22, 819
23,601
23, 815
22, 124
26, 186
29, 578
51, 142
43, 422
46, 209
39, 651
33,897 i 28,006
Receipts, 5 markets
thous. of Ib12, 505
10, 771
11, 405
10, 768
9,981
12, 725
12, 728
13, 989
12, 170 i 12, 709
16, 037
16, 923
12, 656
1
Stocks, cold storage, end of rnonthf
thous. of lb._ 98, 982
73, 916
68, 714
63,321 ! 55, 731
48, 806
43, 626
48, 481
78, 715
94, 291 108, 035 113,131 1 «a 109, 655
62, 392
53,532
American whole milkf
thous. of lb._ 85, 131
57, 749
46, 992
37, 321
41, 625
99, 326
95, 831
41,336
67, 456
82, 771
94, 394
Milk:
Condensed and evaporated:
Production:!
Condensed (sweetened)
thous. of l b _ _ 13, 766
14, 699
16, 575
15, 178
12, 715
14, 580
18,201 i 19,232
15, 947
19, 496
14, 805
15, 704
21, 363
Evaporated (unsweeteued)#
thous. of Ib-- 73, 039
92, 513 101,617 112, 209 104, 658 141, 090 172, 178 203, 685 220, 655 179, 668 149, 757 126,079 ' 109,754
Exports:
Condensed (sweetened)
thous. of lb._
522
592
287
506
526
562
475
312 !
322
482
330
342
333
Evaporated (unsweetened) -thous. of l b _ _
2,601
1,810
3,036
3,129
2, 629
2,893
3,290
2,122
3,147
2, 394
2,885 \
1,927
3,305
Prices, wholesale, N.Y.:
Condensed (sweetened) -_dolls. per case-4.68
4.73
4.68
4.68
4.68
4.68
4.68
4.70
4.73
4.73 I
4.73
4.68
4.73
Evaporated (unsweetened)
dolls, per case..
2.25
2.56
2.42
2.70
2.55
2.03
2.19
2. 70 ;
2. 70
2.60
2.63
2.70
2.55
Stocks, manufacturers, end of month:
Condensed (sweetened) :
Bulk goods
. . thous. of Ib
9, 142
7,505
7,427
6,488
5,573
5,453
6,076
10, 304 j a 10, 523
13, 269
8,585
11,437
11, 186
Case goods
thous, of l b _ _ 10, 783
12, 234
14, 673
9,524
5,310
7, 831
5, 935
14, 683 ' 13, 198
14, 996
16, 932
16, 428
9,860
|
Evaporated (unsweetened):
Case goods
thous. of lb._ 225, 040 139, 957 100, 092 107, 154 101, 085
50, 571
36, 975
48, 127 104, 088 131, 980 177, 536 208,493
234,065
Fluid milk:
Consumption in oleomargarine
thous. of lb_.
4,485
4,736
5,039
5,765
3,988
5,041
4,858
5,044
5,220 i
5,344
4,814
3,773
4,426
Production, Minn, and St. Paul
thous. of l b _ . 26, 300
26, 727
31, 705
34, 903
32, 457
34, 908
36, 718
22,812 | 25,074
36, 342
37, 821
25, 984
29, 395
Receipts:
Boston, incl. cream
thous. of qt._
17. 589
17,725
17, 848
16, 364
18, 266
17. 591
18,243 I 18,617
18, 876
19, 235
19, 382
19, 409
Greater New York
thous. of qt_.
107, 768 108, 829 109, 567 102, 264 112, 525 109, 550 121, 759 118, 690 113, 383
Powdered milk:
Exports
thous. of Ib
196
291
225
183
179
160
248
184 j
215
192
225
205
192
Orders, net, new
thous. of l b _ _
8,982
9,259
10, 207
7,877
7,789 ! 9, 556
10, 251
12, 132
9,871 ! « 10, 134
12, 910
11,337
11,773
Stocks, mfrs. end of mo
thous. of lb._ 22, 281
18, 505
18,326
17, 473
16, 389 i 14, 997
13, 354
15,294 | "20,332
13, 040
13, 303
13, 140
13,695
FRUITS AND VEGETABLES
j
Exports, fruits arid preparations. (See Foreign trade.)
Apples:
Production, crop estimate
thous. of bu._ • 143, 827
/ 140, 775
Shipments car lot
carloads
9,061
10, 816
6,128
6,278
5,875
4,999 i 2,830
1, 964
6,123 1 16,060
1, 083
1, 420
1,538
i
Stocks, cold storage, end of month
i
i
thous. of bbL.
8,349
8, 513
6,703
9,811
4, 138
2,894
1,567
1,749 !i « 7, 51 o
590
Citrus fruit, car-lot shipments
carloads.. 10,816
11, 002
13, 478
13, 566
12, 287
13,624
12.813
6,839
8,183
14,047
12,345 1 7,4cS7
6, 305
Onions, car-lot shipments . .. . carloads
2 252
2,006
2 311
2,137
1,708
2,431 ; 2,456
2, 740
1, 792
3,293
3,200
1,727
1,145
Potatoes:
Price, white, N.Y
dolls, per 100 l b _ _
1.905
1.061
1. 254
1. 258
1. 250
1. 257 ; 1. 290
1. 417
2. 371 ; 2. 305 ,
2.080 :
2.017
1.101
Production, crop estimate
thous. of bu_. '317, 143
/ 358,009
Shipments, car lot
carloads
13, 675 "ll,~94T 12, 118 ~~16~570~ ""l<U59~ "24,481 ; "is, 005 "l7,"908" ~~21 ,"302" ~~11~83T "16," 555" f~i7~15GT~~2l~G99
* New series. For earlier data see p. 19 of t tie May 1933 issue gas) and p. 19 of th e June Ib 33 issue (butter).
# Bulk evaporated milk not included since D ecember ] 931.
f Final e stimate.
« R e vised.
"Dec 1 estimate.
t Revised series. For earlier data see p. 19 of the April 1933 issue (American whole milk and total cheese stocks) and p. 20 of the January 1933 issue for 1931 revised data
on production of butter, cheese, and milk. Also apparent consumption of cheese. For 1932 revisions for butter, factory cheese, American whole milk cheese, condensed
and evaporated milk see p. 39 of the September 1933 issue and November 1933 issue for revisions for 1932 (evaporated milk).
For subsequent 1932 revisions for evaporated milk see p. 39 of the Nov 7 . 1933 issue.
SURVEY OF CURRENT BUSINESS
40
1932
Monthly statistics through December 1931, 1933
together with explanatory footnotes and references to the sources of the data, may be found Novem- Novem- DecemJanuary Februin the 1932 Annual Supplement to the Survey
ber
ber
ary
ber
January 1934
1933
March
April
May
June
July
August Septem- October
ber
FOODSTUFFS AND TOBACCO—Continued
GBAINS
Exports, principal grains, including flour and
5,715
4,609 10, 075
4,826
meal
_
thous. of bu—
Barley:
1,121
940
1,314
1,353
Exports, including malt
thous. of bu._
.29
.63
Price, no. 2, Minn
....dolls, per bu._
.31
.26
/302, 042
• 156, 104
Production crop estimate
thous. of bu
2,914
2,974
2,724
1,787
Receipts, principal markets *— thous. of bu._
8,242
7,633
8,685
Visible supply, end of month._thous. of bu.. 15, 665
Corn:
699
1,283
2,320
155
Exports, including meal
thous. of bu._
8,694
5,569
5,167
5,758
Grindings
thous. of bu—
Prices, wholesale:
.22
.24
.23
.43
No. 3, yellow (Kansas City).dolls. per bu._
.44
.23
.25
.24
No. 3, white (Chicago)
dolls, per bu_.
/2,906,873
Production, crop estimate
thous. of bu._ •2,330,237
Reeeipts, principal markets
thous. of bu— 21, 840 "~12~ 644" 11, 552 ~~12~7i5~
6,486
3,750
9,318
Shipments, principal markets.thous. of bu._ 13, 729
Visible supply, end of month.. thous. of bu— 64, 045 27, 534 30, 724 33, 793
Oats:
82
525
406
237
Exports, including oatmeal
thous. of bu—
.34
.15
.15
.15
Price, no. 3, white (Chicago) ..dolls, per bu_.
1,246,658
Production crop estimate
thous of bu ' 722, 485
3,745
4,352
3,189
4,156
Receipts, principal markets
thous. of bu.Visible supply, end of month__thous. of bu._ 47, 818 27, 316 26, 310 26, 220
Rice:
79, 288 176, 704 211, 802 153, 549
Exports J
-- pockets 100 Ib
Imports
. - pockets 100 Ib— 24, 737 21, 381 20, 102 31, 872
Price, wholesale, head, clean, New Orleans
.020
.038
.020
.019
dolls, per lb._
/ 40, 408
Production crop estimate
thous of bu • 35, 619
Receipts, southern paddy, at mills
706
1,100
687
1,186
thous. of bbl. (162 Ib.)Shipments to mills, total
834
773
838
988
thous. of pockets (100 Ib.) —
83
96
67
97
New Orleans... thous. of pockets (100 lb.)Stocks, domestic, end of month
2,107
2,013
2,177
2,767
thous. of pockets (100 Ib.)-Rye:
1
2
0
0
Exports, including
flour
thous. of bu._
.31
.62
.33
.31
Price, no. 2, Minneapolis
dolls, per bu..
/ 40, 639
Production, crop estimate
thous. of bu.. « 21, 184
423"
610 ~~"~6Q8~
1,501
Receipts, principal markets*__.thous. of bu._
7,993
7,934
8,030
Visible supply, end of month*. thous. of bu— 14, 153
Wheat:
Exports:
3,549
3,313
5,995
1,930
Wheat, including
flour
thous. of bu_.
1,728
3,714
1,793
513
Wheat only
thous. of bu_.
Value, wheat and flour. (See Foreign
Trade.)
Prices, wholesale:
No. 1, Northern, Spring, Minn,
.48
.50
.49
dolls, per bu..
.86
No. 2, Red, Winter, St. Louis
.46
.47
.50
.90
dolls, per bu—
.42
.44
.84
.43
No. 2, Hard, Winter, K.C_. dolls, per bu_.
Weighted average 6 markets, all grades
.46
.48
.87
.49
dolls, per bu—
Production, crop estimate, total
/744 076
thous of bu «527 413
/ 268, 367
Spring wheat
thous of bu •176 383
/475 709
•351 030
11,612 17, 584 13, 859 12, 814*
Receipts
thous of bu
13, 604
8, 375 i
Shipments
thous. of bu— 15, 551 23, 464
525, 800 592, 670 643, 550
Stocks, visible supply, world _- thous, of bu._
Canada
thous. of bu— "242~478~ 231, 342 233, 592 228, 647
138, 505 177, 025 168, 958 158, 228
United States
thous of bu
Stocks, held by mills (quarterly)
147, 095
thous of bu
Wheat flour:
9,192
9,239
9,281
Consumption (computed) ——-thous. of bbl—
387
302~
483
324
Exports
thous. of bbl
37, 158 39, 841 38, 007 36, 949
Grinding of wheat
. thous. of bu
Prices, wholesale:
3.74
6.90
3.72
3.80
Standard Patents, Minn.._dolls. per bbl—
Winter, straights, Kansas City
2.85
5.60
2.84
3.00
dolls, per bbl—
Production:
8,323
8,077
8,719
Flour, actual (Census)
thous. of bbl.. 8,114
Flour, prorated, total (Russell's) f
9,772
9,328
9,055
thous. of bbl.. 9,158
Offal
. . thous. of Ib . 652, 899 691, 984 660, 411 646, 950
52
51
52
55
Operations, percent of total capacity.. _.
Stocks, total, end of month (computed)
5,500
4,940
5 750
thous of bbl
4 012
Held by mills (Quarterly) thous of bbl
3,569
4,172
2,803
3,176
3, 210
4,220
2,749
2,523
2,143
449
.25
1,113
.30
648
.40
785
.45
858
.43
836
.64
437
.58
411
.69
283
.67
1,203
8,496
1,683
8,320
5,055
8,414
8,780
10, 809
5,091
11,701
6,280
11, 633
5,719
14, 069
6,687
14, 830
4,315
15, 692
583
5,022
371
5,830
187
7,117
713
8,862
453
5,473
581
6,511
438
6,005
482
4,645
287
5,761
.22
.23
.26
.26
.33
.36
.39
.44
.40
.45
.52
.57
.50
.53
.44
.48
.38
.42
~~12,~641~ ~"9,~885~ " 16," 623"~~26,"464~ ~~33~742~ "46," 223" ~~13,"543" ~~21~333~ ~~~26,"6l6
3,602
4,991
14, 659
11, 776
16, 718
15, 111 23, 594
10, 675
17, 887
35,006 36, 120 32, 463 38, 362 49, 187 63, 456 57, 747 59, 670
61, 462
360
.15
582
.17
210
.22
153
.25
163
.30
155
.39
172
.36
90
.35
105
.32
4,236
25, 434
4,767
23, 983
8,191
22,228
11, 791
23, 695
12, 159
28, 173
16, 542
34, 598
19, 978
44, 746
8,815
49, 367
5, 054
48, 642
152, 025
23, 837
166, 291
28, 704
157, 235
21, 635
69, 816
20, 047
71, 573
16, 913
163, 348
20, 345
73, 077
30, 368
26, 987
23, 034
78, 296
15, 169
.019
.021
.022
.026
.026
.029
.031
.034
.036
747
821
1,032
628
257
112
171
1,067
2,094
750
48
1,058
72
1,102
19
821
54
565
49
554
50
431
87
605
92
965
47
2,036
1,856
1,833
1,650
1,381
937
671
1,157
2,373
1
.32
1
.35
3
.43
2
.52
17
!«62
6
.83
2
.72
3
.71
2
.62
286~
7,790
546~ ""I," 269" ~"~6,~211~ ~~~2~573~ ""I," 689" ""I," 218" ~"I,~704~
7,688
8,006
8,806 10, 501 11,273 11,998 12, 968
668
13, 158
2,176
729
2,105
456
1,754
194
1,523
14
1,719
16
1,391
29
1,700
21
1,531
43
1, 466
.49
.53
.63
.74
.80
1.08
.94
.90
.85
.49
.44
.55
.48
.69
.60
.81
.70
.82
.76
1.01
.98
.92
.90
.89
.87
.86
.83
.48
.53
.64
.73
.78
1.00
.92
.89
.54
9,869
7,481
620, 400
223, 439
148, 426
12, 729
10, 246
577, 600
225, 360
136, 724
15, 753
13, 421
522, 330
215, 204
125, 934
23, 310
28, 598
17, 258
15, 822
475, 380 458, 610
196, 581 197, 665
118, 546 124, 973
37, 172
17, 527
459, 660
193, 879
135, 493
26, 748
13, 729
482, 600
191, 545
149, 732
22, 604
13, 568
515, 950
213, 356
153, 438
17,624
17, 473
516, 580
244, 965
149, 719
173, 884
131,854
116, 910
8,247
308
33, 133
8,144
351
40, 705
9, 056
332
42, 560
9,942
321
40, 392
8,455
362
39, 487
10, 322
290
38, 288
7,127
362
30, 866
8,063
317
34, 473
8, 749
312
37,371
3.71
4.03
4.54
4.86
5.38
7.55
7.14
6.93
6.75
6.11
6.05
5.93
5. 50
8,181
2.75
3.04
3.48
7,216
8,867
8,298
8,573
572, 587
50
9,255
709, 357
53
9,128
745, 950
59
4,900
5,660
3,718
5,400
4.03
4.13
8,577
8,275
6,719
7,540
9,417
9,963
711,463 696, 558
52
54
9,375
680, 822
53
7,956
548, 544
40
8,769
609, 599
46
9,171
656, 225
50
5,700
2,993
4,463
4, 960
5, 350
3,825
5,460
1,095
1,051
1,159
1,163
1, 205
1,314
1,185
1,164
1,066
1,077
8,777
5,100
LIVESTOCK AND MEATS
Total meats:
1,030
1,107
1,014
919
993
1,171
1,042
1,061
Consumption, apparent
mills, of Ib
Exports, value of meats and fats. (See Foreign Trade.)
Production (inspected slaughter)
1,052
1,240
1,172
1,019
1,106
1,239
1,251
1,059
mills, of lbStocks, cold storage, end of month total
780
865
751
749
620
717
762
513
mills, of lb_.
45
51
42
46
43
47
54
35
Miscellaneous meats
mills, of Ib..
§ Data for 1932 revised. For
* New series. For earlier data see p. 20 of the November 1932 issue (barley and rye).
/ Final estimate.
t Data revised from July 1931. See p. 19 of the August 1933 issue.
940
1,104
739
1,146
1,049
65
50
73
75
65
revisions see p. 39 of the June 1933 issue.
• Dec. 1 estimate
January 1934
41
SURVEY OF CURRENT BUSINESS
1932
Monthly statistics through December 1931, 1933
together with explanatory footnotes and references to the sources of the data, may be found Novem- Novem- Decemin the 1932 Annual Supplement to the Survey
January
ber
ber
ber
1933
February
March
April
May
June
July
434, 366
1,657
423, 174
1,344
August Septem- October
ber
FOODSTUFFS AND TOBACCO — Continued
LIVESTOCK AND MEATS— Continued
Cattle and beef:
Beef and veal:
Consumption, apparent
thous. of lb__ 437, 080
Exports§
thous. of Ib
1, 680
Price, wholesale:
Beef, fresh native steers, Chicago
dolls, per lb._
.090
Production, inspected slaughter
thous. of lb._ 445, 009
Stocks, cold storage, end of month
thous. o f l b . _ 69, 890
Cattle and calves:
Movement, primary markets:
Receipts
thous. of animals
1, 699
Slaughter, local
thous. of animals.' 993
Slaughter, inspected. (See Leather and
leather products.)
Shipments, total
thous. of animals.731
Stocker and feeder, .thous. of animals..
381
Price, wholesale, cattle, corn fed, Chicago
dolls, per 100 lb_.
5. 26
Hogs and products:
Hogs:
Movement, primary markets:
Receipts
thous. of animals..
3,207
Slaughter, local
thous. of animals..
2,382
Slaughter, inspected.
(See Leather
and leather products.)
Shipments, total
thous. of animals. .
828
Stacker and feeder
thous. of animals..
28
Price, heavy, Chicago. -dolls, per 100 lb_.
4.15
Pork including lard:
Consumption, apparent
thous. of lb__ 681,240
Exports, total
thous. oflb... 63, 705
Lard
thous. of lb_. 47, 563
Priees:
limns, smoked, Chicago.. .dolls. p e r l b _ .
. 127
Lard:
Prime contract, N.Y
dolls, per lb_.
. 059
Refined, Chicago*
dolls. perlb..
.071
Production, inspected slaughter, total
thous. oflb.. 752, 91 2
Lard
thous. of Ib
143 491
Stocks, cold storage, end of mo.
thous. of lb-_ 635, 157
Fresh and cured _ _ . ... . thous. o f l b ^4 763
Lard
thous of Ib
110 394
Sheep and lambs:
Lamb and mutton:
Consumption, apparent
thous. of lb_. 52, 551
Production, inspected slaughter
thous. of l b _ . 52, 952
Stocks, cold storage, end of mo.
thous. of l b _ .
2, 880
Movement, primary markets:
Receipts
._
thous. of animals
2, 064
Slaughter local
thous of animals
1 . 068
Slaughter, inspected. (See Leather and
leather products.)
Shipments, total
thous. of animals
1, 031
Stocker and feeder
thous. of animals ..
*462
Prices, wholesale:
Ewes, Chicago
dolls, per 1001bs_.
1.88
Lambs, Chicago
dolls, per 100 Ibs. . 6.28
Poultry and eggs:
Eggs:
Receipts, 5 markets
thous. of cases
514
Stocks, cold storage, end of month:
Case
.. thous. of cases..
2, 655
Frozen
thous of Ib
72, 307
Poultry:
Receipts, 5 markets
thous. oflb.. 80, 502
Stocks, cold storage, end of mo.
thous. of l b _ _ 90, 022
357, 250
331, 693
969
943
343, 608
844
373, 610
1, 135
376, 913
1,561
432, 849
1, 164
473, 257
1,689
° 489, 501
J,060
465, 155
1,859
.124
.113
.106
.105
.097
.092
.094
.094
.094
.098
.094
.096
361, 405
332, 357
365, 532
338, 763
370, 562
372, 635
430, 356
436, 508
426, 689
475, 679
466, 068
494, 763
41, 029
42, 870
39, 550
36,015
33, 781
30, 658
30, 538
35, 136
41, 823
48, 446
51, 198
« 59, 233
1, 543
1, 161
1,318
1, 136
1,171
1, 296
1,558
1,006
1, 449
829
1, 456
953
1,657
1,068
1, 653
1,004
2, 178
1,160
407
129
386
97
456
152
534
193
489
150
460
111
603
213
638
201
971
528
5. 16
5.44
5.52
6.32
6.36
6.50
6.32
6. 23
5. 77
3,361
2, 621
2, 871
2,136
3,917
2, 957
6,494
5, 552
2,521
1,699
847
689
7.00
824
494
210
735
377
471
152 |
5.77
5. 09
725
786
I
959
1
3,121
2,167
2, 775
1,881
3, 381
2, 396
2, 699
1,896
2, 638
1, 921
2, 798
2,084
3,143 I
2,412
891
20
959
20
975
29
3.92
718
38
736
55
1,032
2.94
714
29
3.06
3.41
856
41
3.37
3.75
4.57
4 5o
4.56
3.94
4.04
4.49
631,229
47, 358
35, 897
631, 981
59, 558
49,919
634, 850
88, 713
78, 137
523, 896
65, 761
57, 773
561,356
58, 351
47, 661
596, 651
50, 639
38, 741
615, 825
56, 154
46, 038
605, 893
52, 0'J3
37, 941
576, 467
61,112
36, 200
628, 786
49, 240
35, 714
637, 565
61,157
48, 743
« 052, 097
61,864
49, 812
.118
.108
.107
.108
.114
.116
.121
.128
.135
.132
.124
.122
.053
.062
. 046
.055
. 046
.052
. 042
. 051
.048
.055
. 049
.058
.066
.073
.066
.071
.073
.074
.060
. 068
. OCl)
. 007
. 057
. 0(i9
750, 898
150, 410
823, 375
171,519
707, 530
148, 330
631,418
129, 045
539,848
ION, 085
518,294
9*S 180
946, 980 1,027,581
760, 730 808, 322
186, 250 219, 259
981,177
756, 701
224, 476
822, 498 « 627, C01
630, 437 « 493, 308
192, 061 a \ 33( c,93
803
24
715
20
737
46
813
33
37
643, 777
128, 446
789, 467
163, 864
819, 244
175, 438
628, 937
131, 985
433, 644
403, 898
29, 766
531,938
490, 850
41, 088
627, 925
575, 084
52, 841
607, 503 671,914
609, 321 610,240
58, 1 b2 61, 674
53, 421
50, 030
54, 482
51, 720
57, 790
56, 419
58, 368
54, 569
51, 054
56, 762
60,116
53, 366
49, 910
53, 761
51,400
57, 939
56, 397
58, 456
54, 556
50, 862
56, 666
60, 540
2, 904
2,767
2, 029
1, 683
1,818
1,773
1, 843
1,807
1,594
1,487
1,880
2, 203
1, 107
1,657
919
1,914
1, 083
1 795
1 , 020
1 , 844
1 , 099
2, 097
1, 152
2, 402
1, 319
2, 091
1, 167
2, 226
1,106
2,752
1 , 249
2,911
1, 277
3, 208
1, 351
1, 145
501
749
196
820
108
776
82
747
65
948
107
1,081
912
100
1,103
1,509
108
347
1,622
1,904
125
1.56
5.17
1.75
5.38
1.75
5.53
1.75
5.44
1.75
5.38
1.88
5.18
1.88
6.10
2.16
7.28
1.83
7.20
1.88
6.81
623, 747
127,436
677, 378
139, 066
702, 255 781,442
630, 360 670, 553
71, 895 110, 889
« 03, 210
63, 859
!
"2,511
498
857
1.88
6.34
1.88
0.40
605
618
1,050
988
1,639
2,280
2,502
1,576
1, 152
951
733
1,199
64, 150
159
75
55, 339
46, 448
163
1,833
45, 090
4,857
62, 944
8,062
85, 323
9,364
103, 019
9,507
107, 660
8,944
102, 449
7,406
93, 182
73, 950
74, 866
30, 153
21,975
17, 879
18, 617
23, 123
24, 086
22, 121
23, 966
24, 862
32, 098
91,118
111,642
104, 833
88, 675
67, 285
45, 824
38, 131
42, 705
44, 970
47, 789
50, 177
« 59, 528
19, 873
.0383
25, 181
.0367
22, 853
.0358
14, 471
.0370
20, 324
.0388
14, 801
.0450
18, 097
.0480
18, 198
.0550
23, 884
.0548
22, 056
.0470
11,346
.0420
52, 183
51, 234
29, 577
25, 349
17, 739
18, 028
19, 613
17, 832
23, S65
10, 260
11,409
962
403
945
1,303
1,117
1,245
1,116
1,197
1,366
1,586
1, 329
1, 465
1,274
.084
1,785
.083
1,315
1,083
.085
1,401
1,109
.082
1,792
.078
1,588
1,187
.082
1,631
.076
1,543
.076
1,440
1,128
.076
1,565
.074
1,836
1,019
.074
1,646
31,005
29, 819
28, 956
27, 282
26, 089
24, 233
23, 095
22, 394
22, 370
23, 598
24, 725
5,508
562
5,154
5,296
714
5,778
703
5,888
735
5,754
821
6,140
TROPICAL PRODUCTS
Cocoa:
Imports
..
long tons . 10, 903
19, 730
Price spot, Accra, N.Y
dolls, per lb_.
.0408
.0458
Shipments, Gold Coast and Nigeria
long tons_. 22, 126
34, 486
Coffee:
894
Clearances from Brazil, total.thous. of bags..
1,448
390
To United States
thous. of bags..
873
935
Imports into United States.-.thous. of bags..
838
.082
Price, Rio No. 7, N.Y
dolls, per Ib..
.074
Receipts at ports, Brazil
thous. of bags..
1,196
1,434
Stocks, world total, incl. interior of Brazil
31,612
thous. of bags
Visible supply, total excl. interior of Brazil
thous. of bags. . 7,345
5, 287
United States
thous. of bags..
584
966
1
Revised.
' New series. For earlier data, see p.
371,847
927
784
911
545
18 of this issue.
40, 450
655
678
597
922
625
716
977
745
865
627
770
834
6,957
747
735
976
§ Data revised for 1932. For revisions, see p. 40 of the June 1933 issue.
6,418
6, 634
1,006
651
0
5, 175
o g2j 302
602
7,179
945
42
SURVEY OF CURRENT BUSINESS
1932
Monthly statistics through December 1931, 1933
together with explanatory footnotes and references to the sources of the data, may be found Novem- Novem- DecemJanuary Februin the 1932 Annual Supplement to the Survey
ber
ber
ber
ary
January 1934
1933
March
April
May
June
July
Au^t i8^-
October
FOODSTUFFS AND TOBACCO—Continued
TROPICAL PRODUCTS— Continued
Sugar:
Raw sugar:
Cuban movement:
Fxports
- long tons..
Receipts at Cuban ports-.. ..long tons..
Stocks, total, end of month
thous. of long tons..
United States:
Meltings 8 portsf
long tons..
Price, wholesale, 96° centrifugal, New
York
...dolls, per lb_.
Receipts:
From Hawaii and Pto. Rico-long tonsImports §
long tons .
Stocks at refineries, end of mo.f
long tons.Refined sugar:
Exports, including maple §
long tons..
Price, retail, gran., N.Y
dolls, per lb._
Price, wholesale, gran., N.Y. dolls, per lb_.
Shipments, 2 ports
long tons..
Stocks, end of month, 2 ports— .long tons..
Tea:
Imports
thous. o f l b .
Price, wholesale, Formosa, fine, N.Y.
dolls, per lb...
98, 478
64, 693
1,292
94, 103
62, 549
1,653
1, 535
1,444
2,062
2,911
2,882
2,825
2,637
2,386
2,213
2,081
1,598
264, 289 232, 828
212, 808
215 768
224, 948
342, 037
345 677
361 308
411 361
358 713
408 918
277, 642
258, 209
.032
.030
.029
.027
.028
.030
.031
.033
.034
.035
.035
.035
.033
53, 354
160, 903
46, 544
139, 146
37, 213
136, 805
86, 809
170 779
125, 149
163 821
170, 909
258 951
227, 499
308 660
185, 062
305 753
164, 316
261 516
176, 296
312 112
99, 100
169 933
108,023
177, 152
63, 845
170, 729
248, 054
193, 899
152, 131
147, 879
200, 163
281, 051
367, 545
426, 714
448, 183
498, 052
369, 780
311,462
290, 416
4,900
.052
. 044
35, 636
23, 473
2, 969
.049
.042
77, 390
66, 431
2, 616
.049
.041
88, 569
71, 385
2,470
.049
.039
83, 876
59, 315
2,768
.047
.038
94, 278
65, 767
3,325
.048
.041
52, 654
26, 046
2,854
.048
.042
66, 774
25, 605
3.090
.049
.044
76, 163
32, 826
3,625
.049
.045
62, 279
36, 513
3,513
.054
.046
59, 718
38, 928
4,062
.052
.046
67, 208
42, 018
4,020
.052
.046
49, 909
32, 649
4,427
.051
.045
36, 464
25, 984
6,418
10, 364
9,817
9, 038
5,705
6, 635
7,067
7,295
5, 846
8,909
11, 575
9, 496
10, 929
.175
.175
.175
.175
.ra
.175
.175
.175
.175
.175
.175
.175
.175
Candy sales bv manufacturers. thous. of dolls. . 22, 303 20, 613 19, 734 16, 104 15, 506 14, 862 15, 033 15, 561 11, 844 10, 717 16, 286 21, 553
Fish:
Landings, fresh fish, principal ports
thous. of Ib
18, 653
30, 542
14, 038
22 325
24 158
30 297
17 270
28 426
22 231
28 784
34 036
281, 139 395, 267 282, 104 631, 818 516, 749 378, 682 477, 019 301, 645 323, 634 700, 734 603, 692
Salmon, canned, shipments
cases..
Stocks, total, cold storage, 15th of month
thous. oflb.. 57, 535 62, 168 55, 749 45, 756 35, 469 25, 855 19, 335 19, 646 25, 711 33, 231 44, 850 51, 172
TOBACCO
Leaf:
Exports §
thous. oflb— 44, 182 47, 180 31,842 28, 403 25, 796 36, 725 38 713 20 251 18, 523 30 621 24 503 42, 396
2,776
4,950
4,147
2,349
16, 392
7, 397
9, 910
Imports, unmanufactured
thous. oflb-.
2,669
4,285
1,502
1,880
1,666
/1, 022,558
Production crop estimate
thous. of lb.. •1,396,174
Stocks, total, including imported types
2, 145
(quarterly)
.mills, of Ib—
2,009
« 2 099
2,278
Flue-cured, fire-cured, and air-cured
mills, of Ib—
1,529
1,679
1,785
1 599
383
389
Cigar types
mills, oflb—
389
°400
Manufactured products:
Consumption (tax-paid withdrawals):
6,835
7,614
8,622
7,854
7,319
7,974
9,528
12, 823
Small cigarettes
.millions ._
7,973
12, 463
9,526
11, 189
Large cigars
- thousands ._ 415, 347 419, 173 254, 136 296, 640 287, 430 290, 111 321, 207 371, 373 418, 570 400, 511 434, 821 423, 600
Manufactured tobacco and snuff
thous. oflb_. 25, 407 28, 000 24, 116 27, 786 24, 446 27, 456 28, 847 31, 838 32, 358 28, 782 32, 942 29, 133
Exports cigarettes
thousands-- 238, 329 146, 081 216, 297 207, 980 146, 038 238, 126 131,016 197, 603 142, 109 207, 360 171, 439 271,311
Prices, wholesale:
4.851
6. 042
6.042
5.292
Cigarettes
dolls, per 1,000—
4.961
4.851
4.851
4.851
4.851
4.851
4.851
4.851
Cigars
dolls, per 1,000.. 46. 461 48. 685 48. 685 48. 685 46. 062 46 062 46 062 46 062 46. 062 46 062 46 062 46 062
22, 598
MISCELLANEOUS PRODUCTS
33, 595
318, 730
55, 902
66, 217
1,911
9,176
408, 452
30, 546
272, 496
4.851
46 519
FUELS AND BYPRODUCTS
COAL
Anthracite:
92
83
Exports
thous. of long tons. _
89
67
38
80
60
31
102
99
85
83
125
Prices:
Retail, composite, chestnut
13.60
dolls, per short ton.. 13.26
13.65
13.61
13.53
13.00
12.25
13.48
12.65
12.00
12.26
13.12
13.23
Wholesale, composite, chestnut #
dolls, per short ton- 9.926 10. 932 10. 921 12. 228 12.228 10. 874 10. 095
9.341
9.618
9.542
9.648
9.962
9.931
3,807
Production
thous. of short tons. _ •4,811 • 4, 315 • 5, 141
4,275
4,519
2,891
2,967
3,928
3,677
4,396
4,711
4,993
3,852
4,098
3,274
4,430
3,744
2,460
Shipments
thous, of short tons
3,820
2,495
3,521
3,239
3,990
4,222
4,147
1,732
1,236
792
Stocks, in storage
thous. of short tons.. 1,293 0 2, 168
511
457
435
533
736
977
1,351
1,267
Stocks, in yards of dealers, end of month
34
no. of days' supply __
46
32
42
53
Bituminous:
Consumption:
2, 658
2, 554
2,854
2,729
2,708
2,502
2,469
Coke plants
thous. of short tons.. 3,536
4,164
3,329
4,346
4,020
• 3, 805
Electric power plantsf
2,480
2,492
2,294
thous. of short tons—
2,678
2,074
2,728
2,305
2,482
2,196
2,785
2,882
2,676
• 2, 826
4,769
4,682
5,080
4,492
4,354
Railroads
thous. of short tons
4,481
4,248
4,357
4,659
4,746
4,759
5,159
93
Vessels, bunker
_ thous. of long tons
140
83
59
63
58
65
103
106
117
118
122
134
948
Exports
. -thous. of long tons
1,000
453
337
722
311
287
435
806
983
953
976
811
Price, retail composite, 38 cities
7.59
8.19
7.51
dolls, per short ton..
7.46
7.45
7.43
7.64
7.37
7.17
7.18
7.77
«7.94
8.08
Prices, wholesale:
3.963
3.597
3.582
Composite, mine run-dolls, per short ton__
3.566
3.555
3.549
3.503
3.497
3.500
3.572
3.690
3.722
3.929
Prepared sizes (composite)
3.657
3.642
3.614
dolls, per short ton.. 4.167
3.598
3.416
3.416
3.581
3.400
3.550
3.726
3.829
4.119
Production.
-thous. of short tons
30, 582 • 31, 038 •31,522
27, 060
27, 134
23, 685
22, 488
19, 523
25, 320
29, 482
33, 910
29, 500
29, 656
Stocks, consumers, end of month
thous. of short tons
29, 666
29, 046
23, 843
22, 486
23, 250
••Revised.
§ Data for 1932 revised. For revision see p. 41 (sugar ) and p. i 2 (tobacc 3) of the J une 1933 issue,
« D ec. 1, estimate
t For revised data for year 1932 see p. 41 of the May 1933 issue (sugar) a ad p. 42 o f the Ma y 1933 issile (bitum inous coal consump tion by electric-power plants). Data
for anthracite shipments revised for 1932. — See p. 42 of the Dec. 19?3 issue. Final rev si on of coal produc tion for it 32: Aiith racite, ,Taii. 3,937; Feb. 4,061; Mar. 4,838; Apr.
X fiSfi- M a v S 311- li-mp.9, R7R- .Inlv 3 OA9.- Ana 3 KH(V Spnt. 4- IfiV rmr! Dot. K 9« 7 "Rlt.TITT in nnt; r>r>fl 1 Tnr. 98 9fi1 • VnVi . 98 3«3- A/1 or ^9 A7fi Apr. 9P1 ^AQ- A/Tow 1C flO7. June 1 T no /( .
28,383; Mar. 32,676; A r\r 20,568; May 18,627; T,,-^,^ 17,984;
July 18,093; Aug. 22,786; Sept. 26,662; and Oct. 33,110. Other revisions shown above.
# Price converted to short-ton basis.
/ Final estimate.
SURVEY OF CURRENT BUSINESS
January 1934
1933
Monthly statistics through December 1931, 1933
together with explanatory footnotes and references to the sources of the data, may be found Novem- Novem- ! Decemin the 1932 Annual Supplement to the Survey
January Februber
ary
ber
ber
43
1933
March
April
May
June
July
August Septem- October
ber
FUELS AND BYPRODUCTS—Continued
COKE
Exports
thous. of long tons
Price, furnace, Connellsville
dolls, per short ton._
Production:
Beehive |
thous. of short tons..
Byproduct t
-thous. of short tons
Petroleum
thous. of short tons..
Stoeks, end of month:
Byproduct plants
thous. of short tons..
Petroleum, refinery
thous. of short tons__
56
51
27
21
22
23
14
46
56
62
73
85
72
3.75
1.91
1.88
1.88
1.81
1.75
1.75
1.75
1.84
2.50
2.91
2.63
3.47
93
2,345
68
1,749
147
79
1,785
150
82
1 785
95
84
1 639
107
93
1 666
147
47
1,656
138
47
1,921
145
50
2,241
154
68
2,797
71
2 923
112
60
2 712
139
45
a 2 582
139
3,043
760
3,857
3, 515
1, 330
3,308
1,236
2,831
1,172
2,703
2, 847
1,149
2, 975
1,176
2, 947
1, 185
2,846
2,915
1,036
2,985
a
1,393
987
3, 053
891
68, 461
1,875
.940
09 755
65
65, 504
1, 963
.860
63 630
61
65. 998
2, 746
.745
58 295
60
66, 093
2,831
.530
63 998
60
61, 042
2, 369
.380
61 029
63
67, 984
68, 822
2,910
.380
65 313
67
74, 340
.276
84 747
69
74, 619
2,143
.315
82 841
72
79, 525
3,411
.460
84 387
73
79, 151
3, 673
.380
75 302
63
75. 316
2, 069
.768
78 186
71
75, 461
1,758
.940
76 017
69
95, 765
39, 297
290, 404
47 100
243, 304
639
95, 590
39, 958
289, 342
46 797
242, 545
485
94, 554
39, 909
295, 349
48 889
24G, 460
486
95, 349
39, 516
289, 933
48 997
240, 936
472
95, 322
38. 722
297, 166
iO 839
246, 327
444
95, 367
37, 537
303, 260
50 220
253, 040
372
95, 335
95, 273
94, 926
36, 625 & 35, 197 * 35, 076
306, 969 «>317, 554 &317, 814
48 304 b p;g 499 b £« 452
258, 665 &259, 134 f>259, 426
548
643
955
92, 507
b
35, 568
<> 314, 491
5 51 458
b
258, 357
1 070
1, 509
2, 890
1, 290
2 547
1, 398
2 825
1,940
3 008
1,867
2 886
2,215
2,805
2, 502
2 951
2, 607
Ci
98 3
947
9 OQ6
1, 278
9 428
9 582
9, 699
8,834
8 661
10 076
9, 945
9 340
o 624
9, 133
8 222
9, 262
q 636
10, 052
10 14G
10, 309
9 95()
10, 182
10 096
10, 728
580
2, 699
2 779
2,785
898
1,028
2,891
2 896
967
2,817
3 070
<* 902
2, 953
2 669
«946
3, 292
2 397
118
1, 149
154
1,149
PETKOLEUM AND PRODUCTS
Crude petroleum:
Consumption (run to stills). ..thous. of bbl_.
Imports
thous. of bbl—
Price, Kansas-Oklahoma
dolls, perbbl..
Production ^
thous. of bbl
Stocks, end of month:
California:
Heavy crude and fuel oil- -thous. of bbl__ 90, 242 95, 322 95, 933
Light* crude
thous. of bbl_. b 35, 399 40, 264 39, 340
East' of California, total ^ thous. of bbl._ *313, 050 302, 111 294, 172
Refineries ^
tnous of bbl & 55 837 47 302 47 816
Tank farms and pipe lines fthous. of bbl_. '•255, 921 254, 809 246, 356
992
Wells completed t
number
855
793
Mexico:
Exports
thous. of bbl__
1, 184
1, 595
1, 372
Production
_
thous. of bbl__
2, 641
2 961
Venezuela:
0} io4
Exports
thous of bbl
10 398
8 377
Production
thous. of bbl — 10,717
8, 767
9, 309
Refined products:
Gas and fuel oils:
Consumption:
918
Electric power plants!
thous. of bbl..
625
703
Railroads
thous. of bbl..
3,019
3,077
Vessels, bunker
_ -thous. of bbl "" 2,~069"
2 763
2 751
Price, fuel oil, Oklahoma, 24-26 refineries
dolls, per bbl__
.650
.563
. 556
Production:
Residual fuel oil* 1
__thous. of bbl. _ 19, 004
18, 127
18, 705
Gas oil and distillate fuels* ^
thous. of bbl—
6,391
5,582
5,980
Stocks:
Residual fuel oil, east of California* 1
thous. of bbl— 18, 957 21, 874 19, 838
Gas oil and distillate fuels, total*
thous. of bbL . 19, 016 16, 775 14, 110
Gasoline:
Consumption ^_ ._
thous. of bbl._ 30, 262 29, 895 27, 110
2,771
Exports
thous. of bbl__
2,356
1,830
Exports value (See Foreign Trade )
Price, wholesale:
.177
Drums, delivered, N.Y.. .dolls, per gal__
.153
.151
.050
Refinery, Oklahoma
dolls, per gal..
.048
.037
Price, retail, service station, 50 cities
dolls, per gal..
.130
.125
Production:
At natural gas plants f
thous. of bbl_. 2,931
2,898
2,931
At refineries 1
thous. of bbl.. 32, 891 32, 072 31, 254
Retail distribution (41 States) t
mills of gal
858
801
Stocks, end of month:
609
At natural gas plants
thous. of bbL.
478
449
At refineries f
thous. of bbl_- 27, 308 28,406 31, 329
Kerosene:
3,726
Consumption f
thous. of bbl—
3,621
3,149
1,045
Exports
. _ thous. of bbl
970
630
Price, 150° water white, refinery, Pa.
.053
dolls, per gal..
.048
.048
Production—
thous. of bbl_. 4,005
3,801
4,097
7,217
Stocks, end of month
thous. of bbl—
4,672
4,974
Lubricating oil:
Consumption f
thous. of bbl.. 1,538
952
1,115
Price, cylinder oil, refinery, Pa.
.190
dolls, per gaL.
.131
.133
2,375
Production
thous. of bbl
1,644
1,625
Stocks, refinery, end of month
thous. of bbL. 7,075
8,245
8,465
Other products:
Asphalt:
1
1
1
Imports
thous. of short tons
156
Production f
thous. of short tons—
182
145
Stocks, refinery, end of month
259
thous. of short tons..
280
276
Coke. (See Coke.)
Wax:
Production
thous. of lb._ 43, 680 33, 320 35, 000
Stocks, refinery, end of mouth
thous. of lb_- 72, 751 180, 441 163, 628
0
649
2,882
2,702
3,803
674
2 813
9,058
652
2,809
2 826
2,206
727
2,948
2 726
2,926
3 179
r
9
8 > 39
73
.475
.425
.363
.331
.325
.356
.415
.444
.563
.620
18, 578
17, 156
19, 246
19, 145
20, 010
20, 556
21, 572
21,049
20, 143
20, 819
6,885
6, 451
6,845
5,751
6,108
6,271
7,295
6,143
6,375
7,157
18,911
18, 069
17, 714
17, 230
17, 763
17,374
17, 941 « 19, 097
18, 824
20, 315
12, 683
11, 549
11,557
11, 390
12, 890
14, 980
17, 760
18, 948
20, 160
20, 454
26, 442
2,251
23, 312
1,729
28 227
1,829
30, 176
3,024
33, 999
1,955
37, 710
2,154
34 458
3,029
37 426
1,550
34 303
1,802
32 973
2,455
.135
.028
.135
.026
.135
.026
.143
.023
.145
.026
.149
.037
.165
.048
.165
.041
.174
.052
.177
.051
2,769
.116
.115
.116
.116
.108
.131
2,876
2,543
2,771
2,776
34, 611
2,669
35, 428
36, 576
2,824
36,524
2,791
36, 581
2,981
35, 971
30, 508
27, 676
31,577
2,674
31,921
768
689
810
884
969
1 074
1 004
1 084
1 030
962
539
37, 691
651
35, 652
752
36, 882
814
35, 881
926
33, 757
873
30, 582
950
30, 142
847
29, 038
661
28, 747
572
28, 572
3,656
3,274
2 975
629
2 925
691
3 005
598
3 115
349
2 041
846
2 799
620
3 375
726
3 406
922
.047
.044
.044
4,109
872
.049
4,363
4,794
615
.048
3,691
.048
4,574
3,877
4,827
4,046
5,230
.045
4,146
5,761
.044
4, 126
6,404
4,272
7,785
.048
.053
8,445
4,004
8,343
3,993
7,987
859
1,101
1,143
1,390
1,624
1,646
1,630
1,535
1,426
1,507
.133
1,827
.119
1 621
.113
1 794
.116
1 871
.134
2 114
.149
1 846
.169
1 965
.179
2 019
.183
2 046
.190
2 115
8,796
8,812
8,712
8,330
8,167
7,734
7,199
7,226
7,007
6,776
3
102
o
3
124
o
152
2
229
1
247
1
265
2
247
o
95
218
3
234
272
294
304
306
298
288
278
268
253
242
36, 680
28, 000
36, 400
37, 800
40, 600
38, 640
36, 120
40, 320
42, 280
47, 320
160, 240
147, 849
136, 785
124, 927
124, 770
112, 614
98, 536
85, 924
80, 300
75, 803
Revised.
* New series. For earlier data see p. 20 of the February 1933 issue.
t For revised figures for year 1932 see p. 43 of the May 1933 issue (consumption of fuel oils by electric power plants), and p. 43 of the May 1933 issue (retail distribution of
gasoline for 1932). Data for coke revised for 1932. See p. 43 of the December 1933 issue.
1 Data revised for 1932. For revisions of months January to August, inclusive, see p. 56 of the November 1933 issue.
<> Statistics here given as of Aug. 31, Sept. 30, Oct. 31, and Nov. 30 are not comparable with these figures for earlier months because of revisions and transfers from one
kind of storage to another as a result of the new form of report to the Petroleum Administrative Board. The Bureau of Mines has not found it possible to reconcile these
figures and will report the figures henceforth to compare with the August data. The Aug. 31 figures on the old basis are on p. 42 of the November 1933 issue.
« Beginning Aug. 31 figures reported on the new basis caused by transfer of 414,000 barrels from gas oil and fuel oil stocks.
44
SURVEY OF CURRENT BUSINESS
1932
Monthly statistics through December 1931, 1933
together with explanatory footnotes and references to the sources of the data, may be found
in the 1932 Annual Supplement to the Survey Novem- Novem- Decem- January Februber
ber
ber
ary
January 1934
1933
March
August Septem- October
ber
May
April
June
July
50,103
50,828
6, 500 I 5,492
24,836 I 26, 374
8,733
8,579
7,756
8,320
LEATHER AND PRODUCTS
HIDES AND SKINS
I
Imports, total hides and skins§--_thous. of lb__ 21, 588
Calf and kip skins
thous. o f I b . J 2,405
Cattle hides
thous. oflb._ 10, 227
Goatskins
thous. of lb__
5,319
Sheep and lamb skins
thous. o f l b . _
2,368
Livestock, inspected slaughter:
424
Calves
thous. of animals..
777
Cattle
thous. of animals..
4, 501
Hogs
thous. of animals..
1,356
Sheep
thous. of animals..
Prices, wholesale:
Packers, heavy native steers, Chicago
dolls, per lb_.
.103
Calfskins, no. 1 country, Chicago
dolls, per lb._
.156
LEATHER
Exports:
Sole leather
thous. of lb.
113
Upper leather!
thous. ofsq. ft..| 6,703
Production:
j
Calf and kip*
thous. of skins..!.
Cattle hides*
thous. of hides...:.
Goat and kid*
thous. of skins.-j.
Sheep and lamb*
thous. of skins..|.
Prices, wholesale:
j
Sole, oak, scoured backs (Boston)
<
dolls, per l b . _ j
Upper, composite, chrome, calf, black, "B" j
grade
dolls, per sq. ft..]
LEATHER MANUFACTURES
21, 777
3,099
6,636
3,677
5,585
18,046
2,350
4,776
5,303
3,653
14, 728
2,591
3,288
4,795
2,127
376
627
3,778
1,388
327
567
4,584
1,264
345
612
4,700
1,332
.065
.055
.068
.061
222
5,748
14, 256
1,816
3,127
5,454
2,090
17, 516
3, 445
4,463
6,222
1,150
29, 292
4,606
10, 432
3,759
5,909
38,996
6,353
14, 887
7,184
7,412
317
569 i
3,647
1,250 !
398
617
3, 602
1,413
426
616
3,847
1,409
476
717
4,286
1,505
441
751
4, 626
1,490
401
752
3,914
1,399
.054 !
.048
.052
.062
.098
.122
.137
.150
.132
.066 i
.061
.066
. 076
. 121
.153
.174
.190
. 174
86
5,071
162
6, 005
168
4, 541
123
5, 192
88
4,876
175
6,464
167
4,917
124
6, 315
1, 051
1, 406
3, 120
3,305
1,384
1,489
3,925
3, 997
1,393
1,413
4,133
4,228
1,435
1, 559
4,634
3,932
1,113
1,436
3,988
3, 236
134
4,484
946
894
1,330
1,311
2,835 1 3,205
3,212 ' 1,797
839
1,276
3,431
1,897
12, 916
1,987
2,545
4, 266
2,688
871
1,233
3, 320
2,163
920
1,303
3,451
2, 123
.23 |
.23
.233 I
.236
822
1, 175
2, 770
1,847
i
416
840
3,477
1,532
36,354 i
3,191
17, 488
8,291
5, 083
32, 645
4,192
14, 450
7,901
4,086
405
821
3,038
1,609 i
861
3,058
1,668
.29
.34
.37
.40
.39
.281
.314
.330
.348
. 349
190,893 i 251,036
101,987 ! 121,494
88,906 i 89,382
297, 697
150, 455
147, 242
.23 |
.241
i
Gloves and mittens:
\
Production (cut), total
dozen pairs..!.
Dress and street
dozen pairs..i.
Work
dozen pairs. J.
Shoes:
i
Exports
thous. of pairs..;
Prices, wholesale:
;
Men's black calf blucher,
;
Boston
dolls, per pair..!
5.50
Men's black calf oxford, lace,
j
St. Louis
dolls, per pair._|
4. 35
Women's colored calf, Goodyear welt, ox- I
3.85
ford, average
dolls, per pair..I
Production, total
thous. of pairs. J '24, 114
Men's
thous. of pairs._!
Boys' and youths'
thous. of pairs.-!
Women's
thous. of pairs__j
Misses' and children's
thous. of pairs..!
Slippers, all types
thous. of pairs..!
All other footwear
thous. of pairs.-!
269, 609
128, 020
141, 589
™
181, 693 i 142, 476 ! 152, 378
72,106
70,608
53,152
80, 272
111,085 i 89, 324
166, 375
83, 188
83, 187
41
71
70 ;
71
57
63
294, 481 316,436 281, 303
142, 508 168, 559 141,776
151,973 147, 877 139, 587
51
80
282, 24'; i
127,317
154,932
64
i
5.50
5.50
5.50
5.50
5. 15
5. 35
5.40
3.85
3. 85
3. 85
3. 85
4.08
4.23
4. 35
4.35
3.25 ! 3.27
27, 630 32, 965
6, 217
8, 362
1 fifi7 i
1 fiSQ
1, 683
11,950
3, 248
3, 525
4,197
3.35
34, 861
9,040
1,932
12, 061
3,226
4,340
4,262
3.45
33, 661
8,328
1,993
12, 587
3,052
4,513
3, 276
3.77
37, 019
9, 138
2,103
14, 521
3, 201
4,735
3,321
3.85
31,234
7, 656
1,711
12, 098
2,670
4, 138
2, 962
3. 85
31,398
8,293
1, 827
10,917
2, 492
5,119
2, 750
3.25
28, 576
6, 837
1
f'0
,3
LUMBER AND MANUFACTURES
LUMBER
Exports, all types*..
M ft.b.ni-Retail movement:
Retail yards, Ninth Fed. Res. Dist.:
Sales
M ft.b.m
Stocks, end of month .
M ft.b.m .
Retail yards, Tenth Fed. Res. Dist.:
Sales
- - .
M ft.b.m..
Stocks, end of month
M ft.b.m
Flooring
Maple, beech, and birch:
Orders:
New
M ft.b.m _
Unfilled, end of month
M ft.b.m
Production
M ft b.m
Shipments
M ft.b.m
Stocks, end of month
M ft.b.m__
Oak:
Orders:
New
M ft b m
Unfilled, end of month
M ft.b.m
Production
M ft.b.m .
Shipments
M ft.b.m..
Stocks, end of month
M ft.b m
Hardwoods
Hardwoods (Southern and Appalachian districts) :
Total:
Orders:
New
mill. ft.b m
Unfilled, end of month
mill.ft.b.m..
Production
mill.ft.b.m
Shipments
mill f t b m
Stocks, total, end of month. ..mill. ft. b.m..
Unsold stocks
mill.ft.b.m..
0
62, 637
68, 322
70, 582
49, 626
67, 719
75, 185
89, 304
94, 525
95, 235
78, 192
75, 965
SO, 469
4,580
52, 332
1,916
54, 295
1,685
54, 292
1, 237
54, 949
1,952
56, 253
3,678
57, 227
5,430
58, 122
7,515
60, 199
6,681
62, 345
6,498
60, 344
6,868
59, 031
7, 555
56, 902
2,168
28, 190
1,785
28, 324
1,281
28, 105
1,615
27, 371
1, 530
27, 214
1, 662
27, 031
2,026
28, 029
2,506
28, 059
2,534
28, 365
2, 326
29, 034
2,124
29, 208
2,175
28, 156
2, 430
28, 42S
2,419
5,889
2 342
2,300
18, 546
1,390
3,968
1 624
1,902
19, 119
1,588
4,269
1 736
1,590
19, 413
1, 155
3,432
1 359
1,496
19, 261
1, 083
3,206
784
1,318
18, 712
1,501
3,420
736
1,246
18, 483
2,452
3,899
1 078
2,097
17, 238
3,942
5,141
1,650
2,715
16, 129
5,195
5,535
2 832
4,384
14, 590
3,485
4,994
3,761
4,326
14, 228
2,643
5,388
4,252
3, 386
17, 171
2,243
4,622
2 784
2,622
17,723
3. 759
5 75 K>
3 161
3, 23fi
18, 610
12 263
12, 066
6,989
10, 017
63, 795
4 241
12, 945
8,136
5,918
53, 138
3,238
11,766
5,926
4,327
54, 752
4 164
11,556
5,501
4,433
55, 200
9 369
14, 636
5,784
6,074
55, 171
7,616
15, 095
4,959
7,573
52, 130
9,654
15, 568
7,553
9,479
50, 190
22, 645
22, 418
12, 464
14, 549
48, 073
13, 499
17, 581
15, 888
17, 723
37, 176
9,445
13,924
17, 693
13, 676
42, 806
12, 858
14, 567
18, 446
12, 793
60, 946
6 341
11,377
9,376
9,563
62,415
8 130
11,456
6,953
8,624
65, 029
143
234
131
124
1.784
1. 550
101
246
68
105
2,260
2,015
68
252
49
75
2,217
1,965
79
238
60
86
2,166
1,928
90
230
60
86
2,118
1,888
98
226
64
98
2, 058
1,832
146
247
71
120
1,982
1,735
(i)
233
264
135
229
1,826
1,562
184
240
169
203
1,789
1,548
128
208
165
158
1,789
1,581
128
200
150
131
1,728
1,528
128
211
143
124
1,740
1,530
72,741
5 173
55, 293
a
a
81
(i)
0)
0)
Revised
* New series. For earlier data see p. 19 of the June 1933 issue (leather), and p. 20 of the November 1932 issue (lumber exports).
§ Data revised for 1932. For revisions see p. 43 of the June 1933 issue.
1 Data not computed for May 1933.
f Preliminary.
SURVEY OF CURRENT BUSINESS
January 1934
1933
Monthly statistics through December 1931, 1933
together with explanatory footnotes and references to the sources of the data, may be found Novem- Novem- D m
in the 1932 Annual Supplement to the Survey
S -|janu a ry Februber
ber
ary
45
1933
March
April
May
June
July
August Septem- October
ber
LUMBER AND MANUFACTURES—Continued
LUMBER— Continued
Hardwoods— Continued
Hardwoods (Southern and Appalachian districts) — Continued
Gum:
Orders, unfilled, end of month
mill.ft.b.m..
Stocks, total, end of month
mill.ft.b.m.Unsold stocks
niill.ft.b.m..
Oak:
Orders, unfilled, end of month
mill.ft.b.m._
Stocks, total, end of month
mill.ft.b.m...
Unsold stocks
mill ft b m
Northern hardwoods:
ProductionM ft.b m
Shipments
M ft.b m
48
382
334
65
460
395
65
451
386
52
440
388
51
425
374
52
411
358
59
392
332
(0
0)
0)
68
356
288
77
427
350
80
453
373
65
350
285
76
364
288
92
570
61
608
547
53
600
547
71
614
543
73
594
521
67
584
517
69
563
494
0)
0)
(0
85
538
453
83
545
462
71
554
482
78
549
471
76
557
481
1,063
8,729
1,390
6,523
4,519
9,351
6, 647
8,892
7,432
8,941
4, 914
14, 372
3, 523
16, 353
5,553
26, 690
7,382
26, 280
11,376
21,814
9, 574
14, 290
10, 285
13, 039
19 085
22, 178
23, 326
24, 588
25, 720
17, 720
15, 379
17, 865
24, 878
34, 425
2S, 132
35, 795
24, 478
39, 447
15, 681
32, 968
23, 308
24, 933
16, 408
27,515
16, 043
25, 361
14, 854
94, 901
81, 920
106.093
85, 053
105, 045
120, 865
97,140
109,674
141,457
107, 883
134, 294
120,417
229, 196
195, 175
247, 549
203, 680
154, 439
218, 900
122, 656
105, 645
131.101
112,807
118,179
116,388
8.93
8. 97
8.58
9. 50
10. 67
11. 02
11.34
13.36
16.20
16.99
16. 91
18.39
33. So
132,056
1 19, 522
477
Softwoods
Fir, Douglas:
Exports §
Lumber
M ft.b in
20, 373
Timber
M ft b m
11,602
Orders
New 1,'
M ft.b.m. _ 161, 287
Unfilled, end of month
M ft b rn
120, 805
Price wholesale:
No. 1 common
dolls, per M ft.b.m..
IS. 27
Flooring, 1 x 4, "B" and better
dolls, per M ft.b.m..
33.71
Production 1
M ft.b.m.. 1 28, 027
Shipments ^
M ft.b.m
1 IS, 17(J
Hemlock, northern:
Production-.- _
..M ft.b.m..
Shipments
Ivl ft b in
Pine, northern:
Orders, new
M ft.b.m. _
7, 095
Production
M ft.b m
1,377
Shipments .
_
M ft.b.m
8, 190
Pine, southern:
Exports:
Lumber §
M ft.b.m
19,038
Timber §.
M ft.b.m
5, 229
Orders:
New
..
M ft.b.m
90, 617
Unfilled, end of month
M ft b m
54, 637
Price, flooring
dolls, per M ft b.m
38.14
Production-.
.
.
M ft.b.m
103, 108
Shipments
M ft .b.m. . 95, 057
Bed wood, California:
Orders:
New
M ft.b.m
39, 581
Unfilled
M ft b rn
39,810
Production
M f t . b . m _ . 16, 475
Shipments
M ft.b.m.. 25, 733
FURNITURE
Household:
All districts:
Plant operations *
percent of normal. .
Grand Rapids district:
Orders:
Canceled
percent of new orders
New . _
no. of davs' production
Unfilled, end of month
no. of days' production-Outstanding accounts, end of month
no. of days' sales ..
Plant operations f
percent of normal-Shipments
no. of days' production
Southeastern district:
Orders, unfilled, end of month
dolls., average per firm
Shipments
dolls., average per firm..
Prices, wholesale:
Beds 1926~100
Dining-room chairs, set of 6
1928=100.Kitchen cabinets
1926=100-.
Living-room davenports .
1926=100
Steel furniture. (See Iron and Steel Section.)
20. 80
94, 454
105, 645
20. 6S
81, 920
82 815
20. 61
93 558
96 244
21. 08
97, 5^7
104 302
21.30
105, 645
119,970
21. 34
115,046
140, 114
22.42
137, 428
149, 962
24. 59
175, 030
197, 860
30. 81
196, 070
184, 879
32. 62
188, 460
184, 431
33. 79
136, 980
141,904
1, 593
4 ?14
1, 458
1 843
2, 088
2, 868
2. 305
3,109
2. 443
5, 176
1, 747
7, 555
2, 354
11,440
4, 161
14, 447
2,770
14, 646
2, 31
13, 26
9, 690
6, 139
1, 296
6, 298
4, 643
0
5.. 403
4, 218
0
4, 126
4 954
0
4, 379
5, 050
0
4, 9GC5
9, 352
1,246
8,317
13, Oil
7, 035
11,984
14, 54S
14, 942
15, 069
13,599
15, 335
14, 733
9, 23
16, 70
12, 29
11,842
16,139
12, 925
10,253
8, 664
12, 770
20, 109
2, 278
24, 454
6,787
20, 876
5, 254
18, 232
5,024
17, 300
7, 684
21,427
4,831
24, 979
7,582
21, 188
4,560
29, 532
9,015
23, 43
8, 53
24, 686
5,915
21, 677
5, 632
90, 589
50, 184
18.33
99, 470
107, 000
67, 529
44,014
17.37
75, 161
73, 690
95, 6S5
57, 377
17.80
85, 494
84, 271
75, 575
55, 419
17. 06
77, 798
81,071
113,044
63, 838
17.44
87, 401
100, 714
112, 854
67, 414
17.55
88, 752
110,019
179, 843
92, 049
18. 56
115,783
154, 498
158, 833
88, 255
22.70
120, 613
159, 210
120, 352
81,031
28.57
125, 935
131, 646
117,535
70, 745
31.85
132, 539
128, 700
98, 426
59, 976
35. 30
1 13, 504
107, 226
91, 298
55, 073
37. 93
103, 751
90, 329
12, 708
21, 886
12, 253
13, 451
13, 630
24, 460
12, 603
10, 989
12,151
18, 824
14,319
13, 581
11,973
18, 302
14, 603
12, 269
13, 744
17, 493
12, 147
14, 207
17, 965
19, 113
9,804
15, 731
29, 834
30,117
7, 490
18, 249
37, 572
39, 309
7,013
27, 838
30, 646
37, 706
9,497
31, 843
24, 017
30,511
15, 390
30, 818
22, 340
27,711
17, 963
24, 758
23, 306
26, 325
22, 154
24, 481
42.0
43.0
39.0
33.0
27.0
18.0
27.0
37.0
42.0
52.0
46.0
55.0
59.0
16.0
7
13.0
8
18.0
5
7.0
9
7.0
6
13.0
6
7.0
7
8.0
8
3.5
11
3.0
15
3.0
13
5.0
12
14.0
8
2, 350
9
7
6
7
5
5
5
7
11
17
18
18
12
23
36.0
9
25
33.0
9
25
33.0
6
24
22.5
6
20
19.0
7
19
10.0
5
19
14.0
6
18
24.0
6
18
25.0
6
21
34.0
10
25
30.0
13
26
42.0
13
25
42.0
13
11,042
32, 549
9,290
16, 277
20, 448
25, 975
15, 286
33, 660
14, 298
30, 388
17, 259
35, 962
38, 608
42, 895
51, 109
44, 313
96, 953
58, 191
79,831
95, 772
93, 899
82, 284
36, 943
76, 705
63.9
89.5
91.4
69.8
63.9
89.5
91.4
69.8
62.1
89.5
87.5
73.6
62.1
89.5
87.5
73.6
62.1
89.5
74.1
73.6
62.1
89.5
74.1
73.6
62.1
89.5
74.1
73.6
63.6
89.5
74.1
76.7
66.1
89.5
74.1
76.7
73.2
91.0
85.6
76.7
76.1
91.0
87.5
76.7
76. 1
91.0
87.5
81.7
76.1
91.0
87.5
79.4
METALS AND MANUFACTURES
IRON AND STEEL
Foreign trade, iron and steel:
Exports §
long tons
157, 600
Imports *
long tons
28^ 979
Price, iron and steel composite ..
dolls, per long ton_.
31.59
Sales, iron, steel, and heavy hardware
January 1921 = 100. .
93
t Revised. Earlier data not published.
Data not computed for May 1933.
1
54, 139
29,' 390
56, 720
2l] 892
63, 936
19, 748
80, 567
22, 114
100, 395
28^ 061
123, 169
26, 295
102, 581
34,' 368
88,311
52, 805
119,374
46, 839
108, 823
55, 706
164, 755
46, 673
29.12
28.93
28.69
28.31
28.35
28.16
28.45
28.73
29.81
30.04
31.30
31.59
76
65
57
55
54
105
59
96
80
95
eeks.
teel see p. 20 of the November 1932 issue.
1933 issue.
100
107
56, 023
34] 924
'
SURVEY OF CURRENT BUSINESS
46
1932
Monthly statistics through December 1931, 1933
together with explanatory footnotes and references to the sources of the data, may be found Novem- Novem- Decemin the 1932 Annual Supplement to the Survey
January
ber
ber
ber
January 1934
1933
February
March
April
May
July
June
August Septem- October
ber
METALS AND MANUFACTURES—Continued
IRON AND STEEL— Continued
Ore
-on ore:
Consumption by furnaces
thous. of long tons..
Imports
thous, of long tons _
Receipts:
Lake Erie ports and furnaces
thous. of long tons..
Other ports
- thous. of long tons Shipments from mines, .thous. of long tons..
Stocks, total, end of month
thous. of long tons..,
At furnaces
thous. of long tons..
Lake Erie clocks
thous. of long tons..
langanese ore, imports (manganese content )f
thous. of long tons..
Iron, Crude, and Semimanufactures
astings, malleable:*
Orders new
short tons
Production
short tons Percent of capacitv
Shipments
short tons
ig iron:
Furnaces in blast, end of month:
Capacity
long tons per dar...
Number
Basic (valley furnace) .dolls, per long ton..
Composite pig iron
dolls, per long ton._
Foundry, no. 2, northern (Pitts.)
dolls, per long ton..
Production
thous. of long tons Iron, Manufactured Products
Jast iron boilers and radiators:
Boilers, gas-fired:
Prod i ict' r *n
thous of B t u
Shipments, quantity
thous. of B.t.u._
Shipments value
dollars
Stocks, end of month
thous. of B.t.u._
Boilers, range:
Orders:
New
_ _ number of boilers. _
Unfilled, end of month, total
number of boilers-.
Delivery, 30 days or less
number of boilers. .
Delivery, more than 30 days
number of boilers..
Production
.number of boilers..
Shipments
number of boilers. .
Stocks, end of month.. .number of boilers. .
Boilers, round:
Production
thous. of lb._
Shipments
thous. of lb__
Stocks, end of month...
.thous. of lb_.
Boilers, square:
Production
thous of lb
Shipments
.
thous. of Ib
Stocks, end of month
thous. of lb__
toiler fittings, cast iron:
Production
...short tons.
Shipments
short tons
toiler fittings, malleable:
Production
..short tons .
Shipments
short tons .
ladiators:
Production. thous. of sq. ft. heating surface-Shipments, .thous. of sq. ft. heating surface. .
Stocks, end of month
thous. of sq. ft. heating surface. .
ladiators, convection type: *
New orders:
Heating elements only, without cabinets or
grilles .thous. of sq. ft. heating surf ace #..
Heating elements, including cabinets and
grilles.. thous. of sq. ft. heating surface #. _
Sanitary Ware
Bathroom accessories: t
Production
number of pieces
Shipments
number of pieces
Stocks, end of month
number of pieces. .
Numbing brass. (See Nonferrous metals.)
'lumbing and heating equipment, wholesale
price (8 pieces)*..
.dollars.,
'orcelain enameled flatware:
Orders, new, total
.dollars
Signs
dollars-Table tops , . _
. dollars
Shipments, total .
dollars
Signs
.
dollars..
Table tops
dollars..
1, 460
107
690
40
630
8
661
14
634
593
45
772
15
1,266
21
1,894
39
2,626
81
2,612
159
2,102
136
1,898
151
918
359
785
299
57
250
0
0
0
0
0
0
0
0
0
0
0
0
J
83
448
353
901
887
343
1,281
2, 483
515
3, 431
3,930
1, 132
5, 101
4, 205
1, 200
5, 504
3,421
1, 120
4, 543
36, 200
30, 794
5,406
32, 084
26, 893
5, 191
31, 490
26, 328
5, 162
30,812
25, 680
5, 132
30,152
25, 047
5,105
29, 557
24, 486
5, 071
28, 848
23, 879
4, 969
28,314
23, 407
4,907
27, 479
22, 690
4,789
22! 980
4,792
30, 1 50
25, 2'JO
4, 896
33, 449
28, 415
5, 0^4
36, 345
31, 044
5, 301
5
1
0
0
0
2
3
2
6
4
23
19
20, 776
21, 903
25.0
19, 722
14, 304
13, 622
16. 0
12, 745
14, 504
14,128
16.2
14, 366
12, 645
12, 638
14.9
14,315
11,273
13, 780
16.2
14,215
12, 508
9, 959
11.4
11, 077
18, 449
18, 566
21.8
17, 261
24, 671
24, 628
29.0
23, 077
31,997
31,118
35.8
29, 268
28, 458
30, 865
36.3
29, 155
28. 323
31.811
36. 6
30, 195
22, 744
27.0/8
31.6
25, 402
19, 933
24, 381
28.4
20, 422
31, 410
76
20, 860
51
15,810
42
18, 820
45
18,910
45
15, 580
38
22, 805
48
33, 160
63
51, 675
90
61,435
106
56, 070
98
48, 215
89
17.00
17.84
13.50
14.71
13. 50
14.69
13.50
14.68
13.50
14.68
13.50
14.68
13.50
14.75
14.20
15.45
15.00
16.02
15. 50
16.70
16. 20
17.16
17. CO
17. 87
17.00
17. 84
19. 39
1, 085
16.39
631
16.39
546
16.39
569
16.39
554
16.39
542
16.39
624
16.59
887
17.39
1,265
17.89
1,792
18. 59
1,833
19.39
1,522
19.39
1,356
83, 731
58, 680
52, 446
563, 333
9,207
42,911
41, 382
521, 374
64, 989
42, 662
38. 243
528, 238
48, 454
42,169
26, 543
559, 851
20, 837
29, 004
25, 979
554, 391
44, 681
22, 918
20, 025
583, 037
70, 265
88, 444
53, 934
549, 059
44, 308
66, 757
49, 170
518, 384
43, 857
70, 787
58, 252
495, 150
52, 737
61, 446
56, 558
486, 438
84, 667
95, 765
90, 566
473, 506
25, 669
35, 551
27, 564
35, 774
29, 801
36, 586
39, 436
92, 998
57, 549
44, 961
66, 977
33, 443
« 29, 221
6,264
6,333
8,073
6,016
6,247
4,967
8,872
35, 974
24, 948
24, 734
34, 337
17, 158
6,947
4,766
4, 591
5,639
3,586
4,146
3,289
7,397
34, 335
21, 863
21, 280
31, 206
15, 468
1,498
25, 711
26, 352
33, 025
1,742
36, 923
37, 538
23, 003
2,434
29, 375
27, 582
26, 195
2,430
39. 991
37, 831
28; 355
2, 101
27, 042
29, 570
25, 827
1,678
38, 499
37, 866
25, 843
1,475
35, 278
35. 531
25, 590
1,639
64, 457
65, 896
24, 151
3, 085
68, 284
68, 575
23, 860
3, 4,54
48, 762
45, 175
27, 447
3,131
60, 398
57, 374
30, 471
1.690
51, 463
50, 622
31,312
4, 531
5,500
24, 636
3, 639
4,704
28, 734
1,823
3,552
26, 863
2, 035
2,102
24, 517
2,279
2, 133
24, 736
1,811
1,772
24, 235
2, 393
1,792
24, 927
3, 242
2.403
26, 063
3,870
4, 159
26, 124
4, 168
3, 954
28,335
5, 408
4,357
29, 394
5,076
6,137
28, 548
5,820
9,374
25, 329
10, 622
14, 622
100, 784
11,003
13,335
107, 572
4,918
10,434
101,448
6,144
6,410
99, 032
7,602
5, 567
100, 585
6,211
4,860
100, 409
9,613
4, 465
105, 457
12, 140
6,412
111,099
13, 539
10, 828
116,938
14, 848
12, 124
122,118
15, 240
14, 685
121,451
15, 248
20, 509
117,419
11,336
24, 841
104, 835
4,698
4,467
2,787
3,019
1,717
2,165
1,401
2,319
1,514
2,161
1,592
2,228
1, 577
2,322
2,919
4,191
4,706
5,464
4,417
6,072
6,025
5,640
4,430
4, 575
4,991
4,965
2,184
1,680
1,804
1,701
1, 025
1,115
995
1,375
1,088
1, 433.
1,100
1,302
1,284
1,586
2,140
2,827
3,607
3,765
4,107
4,499
4,436
3, 876
3, 147
2,667
2, 839
2,206
2,989
4,794
4,299
4,816
3,236
3,474
2,547
2,001
2,992
1,634
2,231
1,542
3,002
1,605
3,754
2,133
4,138
3,346
3,368
3,727
5,355
4,354
4,326
5,173
3,273
6,076
31, 249
27, 967
27, 838
28, 250
29, 646
30, 417
31, 992
33, 512
35, 626
35, 346
36, 317
35, 614
32, 926
123
48
54
70
33
35
35
68
95
55
64
68
137
172
348, 414
357, 964
357, 406
160
155
142
98
86
60
123
241
160
173
173
163
191, 441
182, 852
365, 995
187, 794
192, 849
521, 537
165,401
165, 238
533, 788
142, 935
143, 991
531,916
121, 070
129, 670
521,628
149, 477
163, 220
389, 392
142, 164
144,612
391,819
186, 896
191,857
382,858
176, 775
183, 550
379, 683
235, 443
229, 858
384, 068
263, 940
276, 601
371, 407
227, 363
231,814
366, 956
a
39, 755
°79
5,061
a
0
1,886
41, 786
39, 432
33, 666
209. 82
192, 43
192.63
186. 40
182. 80
182. 00
182. 03
183.93
197. 50
203. 56
205. 78
215.02
214. 96
658, 426
446, 101
44, 194
536, 450
219, 762
50, 208
385, 718
172, 933
77, 681
404, 273
172, 467
83, 551
362, 371
216,931
46, 475
389, 683
232, 611
55, 899
236, 234
87,158
48, 685
249,817
101, 148
48, 202
278, 361
102, 219
59, 574
271, 694
113, 582
50, 424
344, 763
144, 615
75, 177
324, 114
126, 671
72, 983
475. 156
195, 358
121. 182
388, 115
148, 793
104, 820
493, 892
217,813
91. 861
504, 576
216,901
106, 946
653, 402
210, 228
191,979
556, 300
209, 375
116, 676
692, 240
236, 173
176, 416
643, 164
194, 766
183, 603
672, 671
236, 017
218, 010
698, 452
239, 526
244, 588
638. 236
233, 255
166, 039
620, 876
203,417
182, 013
609, 456
264, 384
82, 274
61.8, 572
251, 120
97, 210
\ Imports from Cuba not included.
* New series. For earlier data, see p. 20 of the April 1933 issue (castings) and p. 20 of the January 1933 issue (price series). Earlier figures on convection type radiators
not published.
# In equivalent direct radiation.
t Kevised series. For earlier data, see p. 20 of the October, 1933 issue
January 1934
1933
Monthly statistics through December 1931, 1933
together with explanatory footnotes and references to the sources of the data, may be found Novem- Novem- Decemin the 1932 Annual Supplement to the Survey
January
ber
ber
ber
1933
Febru-
ary
March
April
May
August
Se
£e®m~ October
June
July
3,246
4,362
2,197
11, 184
3,245
4,537
2,933
10, 635
4,240
5,481
3,211
9, 716
5, 452
7,214
3, 552
9, 509
2,242
6,201
3,135
9, 402
230
503
845
371
133, 608
241,362
211, 749
311,183
180, 379
231,818
189, 923
325, 530
103, 475
173,019
162, 274
348, 233
46, 981
120, 597
99, 403
414, 182
METALS AND MANUFACTURES—Continued
IKON AND STEEL— Continued
Sanitary Ware— Continued
Porcelain plumbing fixtures:
Orders:
5,132
1,404
New, net
number of pieces 1,708
2,547
1,643
8, 565
Unfilled, end of month. number of pieces_.
3, 405
3,124
2,884
2,888
2,548
Shipments
number of pieces-2,799
1,833
1,442
1,399
Stocks, end of month
number of pieces,. 10, 076
13, 838
13, 053
13, 343
11,811
Vitreous-china plumbing fixtures:
Orders:
New, net
number of pieces_. 31, 370
65, 426
56, 687
77, 531
80, 283
Unfilled, end of month .number of pieces. _ 87, 768 a 86, 387 85, 480
76, 802
79, 903
Shipments
number of pieces.. 64, 199
66, 437
57, 594
89, 395
80, 632
Stocks, end of month
number of pieces. _ 477, 474 »495, 389 518, 245 506, 126 472, 472
Steel: Crude and Sernimanu factored
Bars, steel, cold finished, shipments_short tons__ 21, 792
11, 934
12, 759
14, 196
13, 253
Castings, steel:
Orders, new, total
short tons__ 23, 444
13, 235
13, 283
12, 942
11,857
3 974
2 918
2 680
Railroad specialties
short tons
3 088
2 489
9
9
8
Percent of capacity
9
16
13,712
Production, total
short tons.. 22,615
13, 886
13, 951
12, 438
4 433
3,672
Railroad soecialties
short tons
2 721
2 753
2 259
9
9
15
Percent of capacity
10
10
Ingots, steel: §
1, 541
1,032
Production
thous of long tons
861
1 087
1 030
Percent of capacity
18
15
21
18
Prices, wholesale:
. 0226
.0214
Composite, finished steel
dolls, per Ib_.
.0215
.0212
.0210
Steel billets, bessemer (Pittsburgh)
26.00
26.00
dolls, per long ton..
26.00
26.00
26.00
Structural-steel beams (Pittsburgh)
.0170
dolls, per lb__
.0160
.0160
.0160
.0160
8.56
Steel scrap (Chicago) ___doils. per gross ton-_
5.93
5.25
5.25
5.25
U.S. Steel Corporation:
d
Earnings, net
thous of dolls
3, 828
Shipments, finished products*
long tons.. 430, 358 275, 594 227, 576 285, 138 275, 929
Steel: Manufactured Products
Barrels, steel:
Orders, unfilled, end of month
number.. 333, 443 387, 050 330, 359 275, 354 453, 083
Production
number-- 577,017 373, 190 300, 570 292, 201 269, 755
42 6
26 7
Percent of capacity
21 6
21 0
19 7
Shipments
number-. 582, 299 376, 647 307, 372 292, 609 272, 432
37, 403
Stocks, end of month
number
34, 043
27, 160
26, 752
24 075
Boilers, steel, new orders:
286
Area
_._thous. of sq. ft._
156
218
316
128
296
Quantity
number of boilers
301
215
197
176
Furniture, steel:
Business group:
Orders:
865
New
thous. of dolls..
552
577
589
449
764
Unfilled, end of month- -thous. of dolls. .
521
577
551
505
800
Shipments _ _ _ .. .thous. of dolls. .
582
583
611
464
Shelving:
Orders:
191
New
thous. of dolls. _
139
153
106
117
234
Unfilled, end of month. -thous. of dolls.194
142
127
139
196
Shiprnents
thous. of dolls
125
135
121
104
Safes:
Orders:
136
New
thous of dolls
102
112
98
84
147
Unfilled, end of month. _thous. of dolls191
198
171
169
147
Shipments
-thous. of dolls.82
107
86
116
118
Lock washers, shipments
thous. of dolls..
82
72
66
65
Plate, fabricated steel, new orders, total
short tons.. 14, 466
7,873
11, 128
16, 588
9,510
Oil storage tanks
short tons..
3,734
3,154
1,446
1,501
8,347
Sheets, black, blue, galvanized, and full finished:
Orders:
New
short tons. . 88, 354
66 274
76 962
75 615
80, 550
Unfilled, end of month-short tons.- 94, 270
77, 339
84, 390
77, 509
83, 760
Production, total
.
short tons.. 102, 585
77 489
91, 723
90, 679
85 337
31 6
Percent of capacity
. ~_
25 9
27 8
22 7
26 6
72, 772
Shipmentsshort tons.. 99, 499
67,412
79, 234
76, 866
Stocks, end of month, total
short tons.. 105, 950 103, 321 94, 658
94, 783 100, 688
Unsold stocks
short tons
55, 495
57 296
60 177
57 413
54 831
Tin and terne plate: *
186
Production
thous. of long tons..
88
82
85
80
Track work production
short tons
1 822
3,087
1 845
1 984
1 765
MACHINERY AND APPARATUS
Air-conditioning equipment:
747
Orders, new, total
thous. of dolls..
554
411
345
670
62
66
72
41
Air-washer group
thous of dolls
93
Fan group
- thous. of dolls. _
340
209
186
230
287
Unit-heater group
thous. of dolls..
341
141
118
231
311
Electric overhead cranes:
Orders:
21
94
12
13
New
thous. of dolls..
36
234
189
Unfilled, end of month
thous. of dolls..
209
220
177
44
9
54
29
Shipments
thous. of dolls..
43
Electrical equipment. (See Nonferrous metals.)
Exports, machinery. (See Foreign Trade.)
Foundry equipment:
Orders:
68.4
16.1
36.6
18.6
New . . .
1922-24=100.
« 13.5
60.0
58.5
Unfilled, end of month
1922-24=100..
29.6
22.4
13.3
23.2
38.3
14.6
14.5
24.7
Shipments
1922-24= 100..
§ Series revised for 1932. For revisions, see p. 46 of the July 1933 issue.
d
Deficit for quarter.
* New series. For earlier data on tin and terneplate, see p. 20 of the December 1932 issue,
« Revised.
47
SUKVEY OF CURRENT BUSINESS
2,104
2,991
1,936
11, 490
1,698
2,776
1,885
11,339
3,041
3,430
2,381
11,345
118,697
99, 332
96, 167
443, 858
245, 024
198, 787
145, 569
391, 369
296, 264
307, 118
187, 933
340, 218
8,726
16, 624
23, 132
32, 774
36, 538
46, 312
35, 468
27, 877
11,458
2 784
8
13, 209
3 285
9
14, 507
4 692
20, 782
3 642
32, 026
6 8^8
29, 505
7 562
28, 962
7 976
20
20
27, 300
4 167
22,714
6, 240
lf>
25, 5,32
o, 0'?5
17
23, 608
G, 518
16
25, 459
o, 978
17
910
16
1,363
49
2, HI!
41
2, 112
37
.0210
.0206
.0208
. 0209
.0217
.0217
. 0220
.0226
26.00
26.00
26.00
26.00
26.00
26. 00
26. 00
26. 00
.0160
5.25
.0160
6.00
.0160
8.45
.0160
8.91
.0160
10.41
.0160
10.45
. 0161
9.84
.0170
9.33
d
3, 795
256, 793
335, 321
455, 302
4,882
603, 937
701,322
668, 155
11,817
575, 161
572, 897
510, 737
373, 340
27 2
371, 945
25 470
526, 491
401, 086
29 2
402, 506
24, 050
614, 214
465, 418
33 9
467, 695
21, 773
641,441
572, 851
42 0
568, 437
26, 187
647, 924
555, 404
41 0
552, 923
28, 668
534, 549
480, 670
35 5
470, 632
38, 706
539, 846
519, 191
38.3
524, 719
33 178
492, 072
798, 981
58 9
789, 474
42, 685
245
193
225
235
396
328
550
511
611
498
994
511
428
447
M27
0
395
419
442
482
447
374
405
544
406
512
686
456
636
607
541
523
837
684
693
869
819
734
800
794
825
142
159
172
178
194
143
138
168
134
173
167
142
200
164
185
239
146
10
12, 071
2,806
8
25
14
19, 072
3 470
13
2 002
34
207,
319,
194,
315,
92
29, 240
6 304
31, 157
6 767
19
20
21
2 598
3 204
2, 901
46
182
166
59
180
222
179
206
156
120
117
84
100
118
129
209
106
59
180
117
90
190
89
114
203
105
168
213
119
156
225
107
152
93
192
126
122
98
158
132
118
8,903
1,270
9,502
2,983
16, 243
2,858
37, 020
20,894
20, 058
6,013
16, 320
2,581
16, 025
1,033
17, 839
1,434
83, 295
91.993
64, 724
19 6
74, 880
95, 606
52 199
118, 594
111,311
111,942
34.5
100, 353
91, 859
47, 815
144, 192
136, 592
139, 696
43.1
119, 159
98, 991
51 295
246, 737
229,436
166, 272
51.2
152, 953
104, 355
50, 067
174, 191
228, 696
188, 143
58.0
174, 145
104,815
42, 095
158, 830
212, 879
203, 893
62.8
174, 480
115, 876
51, 293
145, 320
194, 223
180, 304
55.5
163, 634
115, 183
53, 617
79, 141
102, 262
146, 106
45.0
174, 829
105, 331
52, 353
1,662
194
2 013
1,768
2,471
188
2,982
200
3,425
195
3,845
188
3,006
350
60
412
80
580
106
802
124
794
144
913
82
830
64
373
393
82
94
145
187
235
308
483
437
103
97
167
195
213
399
873
94
491
287
39
196
32
39
228
7
33
228
33
81
265
44
159
349
75
43
319
66
303
93
43
195
151
9.8
50.4
19.7
19.4
14.7
55.1
25.6
16.8
24.5
45.5
24.8
37.4
48.8
35.8
38.3
56.3
35.3
49.7
34.9
32.0
41.5
42.6
31.7
42.1
and for U.S. Steel shipments, see p. 18 of this issue.
431
48
SURVEY OF CURRENT BUSINESS
1932
Monthly statistics through December 1931, 1933
together with explanatory footnotes and references to the sources of the data, may be found Novem- Novem- Decemin the 1932 Annual Supplement to the Survey
January
ber
ber
ber
January 1934
1933
February
March
April
June
May
August Septem- October
ber
July
METALS AND MANUFACTURES—Continued
MACHINERY AND APPARATUS-Con.
Fuel equipment:
Oil burners:
Orders:
New
- no. of burners
4, 169
Unfilled, end of month___no. of burners..
1,710
4, 578
Shipments
no. of burners..
Stocks, end of month
no. of burners
9, 030
Pulverized fuel equipment:
Orders, new, central system:
0
Furnaces and kilns. . .no. of pulverizers..
0
Water-tube boilers no. of pulverizers..
Orders, new, unit system:
0
Fire-tube boilers
no. of pulverizers
Furnaces and kilns ...no. of pulverizers..
0
15
Water-tube boilers no. of pulverizers _ .
Stokers, mechanical, new orders:
1,040
Glass 1, residential *
number-Class 2, apartment and small com149
mercial *
number . _
Class 3, general commercial and small
101
commercial beaters *
number
Class 4. large commercial: *
IhS
Number
- - 29, S9i
Horsepower
Machine tools:
Orders:
M
New
1922-24=100
Jlt>
Unfilled, end of month
1922-24= 100..
03
Shipments
1922-24—100
Pumps:
Domestic, water, shipments:
3,920
464
4, 395
6,935
3,371
779
3,074
7,812
1,694
646
1,827
7,813
1,956
311
2,019
7, 534
2 878
615
2, 574
7, 169
2 755
526
2,844
7,526
3 562
675
3,413
7,815
4 694
1,480
3,889
7 632
6,212
1,487
6,205
7,487
10 314
3, 100
8,701
7 486
11 359
3, 066
11,393
8 235
9 156
2,119
10, 103
8 408
0
0
0
0
0
0
0
2
0
0
0
0
0
0
0
0
0
0
0
4
0
0
0
0
0
0
8
0
0
0
1
0
10
9
1
2
1
3
5
0
1
3
I
1
3
4
5
11
o
2
9
3
3
11
2
23
1
7
709
521
251
307
218
357
488
668
1,199
2,102
1,891
89
55
24
27
g
19
18
83
98
188
203
50
64
33
29
15
42
4Q
81
136
142
•>()-
91
13, 283
9S
18 375
63
12 248
55
57
13 599
93
?3 212
187
39 793
170
41 249
213
40 044
173
2S 749
159
2" (V>4
3°
42
29
36
10
16
29
20
28
33
°-3
40
40
31
54
59
36
57
74
39
86
43
12 415
321
1? 772
25*1
17 819
258
'8 303
209
1Q 073
303
22 778
350
30 755
496
30 f >9j
44 036
524
42 713
509
34 0">1
390
9
7i
1 103
1, 681
4,442
1 , 080
2 941
1, 1-14
2 974
965
3 221
1 418
4 048
1,715
4 925
2, 450
6 089
2, 038
6 940
1,464
6 733
1, 190
5 197
851
3 6^3
379
1 751
6 517
083
30 031
493
°0 408
355
14 754
401
14 918
290
15 651
20 958
576
32 8^9
497
25 0°6
429
20 702
640
15 621
774
10 ^88
1 005
7 8^9
607
1, 714 i
687
200
3,045
368
1, 193
378
185
3,188
359
1,051
494
1.82
2 258
1,012
310
208
3, 533
424
1. 103
31.8
190
2 908
404
} , 066
434
171
2 778
466
1, 093
435
167
3 706
511
1,126
474
215
5,605
736
1,261
597
6 358
732
1 475
517
197
7, 560
786
1,616
642
232
7, 563
771
1, 775
609
329
6 084
4 378
26
214
256
5
147
195
11
167
171
124
179
113
187
97
201
2
138
205
3
272
290
g
389
341
370
369
1
333
346
6
309
306
8
240
202
131
192
134
164
159
175
100
111
104
98
63
81
82
132
14Q
191
275
316
228
322
219
337
238
337
202
8,304
16, 262
21,636
.2290
.0738
.2290
.0738
. 2290
. 0738
2,754
694
2,060
2,419
615
1,804
2, 091
536
1, 555
12,955
14, 335
14,319
.0877
12, 127
17, 403
17, 343
.0875
10, 733
8, 164
8, 164
. 0795
21,958
4,093
26, 369
5,333
29, 847
3, 495
674
. 0450
18,611
36, 054
160, 211
65
. 0450
28, 021
29, 129
166, 201
645
.0431
35, 399
33, 314
174, 721
3 110
8,020
9,177
.4474
3,030
5, 105
5,885
. 4665
2 920
6,035
6, 895
. 4792
33, 534
5,788
30, 162
6,003
27. 940
6,664
°0 17^
Power hor'zontpl type
units
Measuring and dispensing;, shipments:
Gasoline:
Han-ri operated
units
Power
units
Oil, grease, and other:
Iland operated
units
Power
units
Steam, power, and centrifugal:
Orders:
New
thous. of dolls
Unfilled, end of month __thous. of dolls..
Shipments
thous. of dolls
Water-softening apparatus, shipments. .units..
Water systems shipments
units
Woodworking machinery:
Orders:
Canceled
thous of dolls
New
thous. of dolls
Unfilled, end of month
thous. of dolls. .
Shipments:
Quantity
machines
Value
thous of dolls
11, 113
15
26
18
Si
16 550
67
j 05
9.J
4f.>i
504
(} \ (5
] , 798
OOs
NONFERROUS METALS AND
PRODUCTS
Metals
Aluminum:
12, 732
13, 633
Imports, bauxite .
long tons
10,481
12, 944
9, 546
10, 777
4,807
18, 345
11,176
10, 974
Wholesale prices:
.2290
.2290
.2290
No. 1, virgin, 98-99, N.Y
dolls, per lb._
.2290
.2290
.2290
.2290
.2290
.2290
. 2290
Scrap, cast, N.Y
dolls. perlb._
.0738
.0400
.0663
.0400
.0400
.0675
.0400
. 0416
.0548
.0400
Babbitt metal:
1, 964
1, 265
2,111
2, 485
Production, total
thous. of lb__
1,544
1,149
1, 346
2,328
1,178
1,135
357
321
544
For own use
thous. of lb__
272
274
326
325
450
260
193
1,941
Sales
thous. of Ib
1,606
945
1,878
824
1 074
1,786
942
1,270
918
Copper:
12, 592
Exports, refined § ._
short tons _ 13, 108
5,839
12,515
1 2, 567
10, 976
12, 575
9,826
12 139
10, 644
14. 644
15, 338
4,944
Imports, totals
_ short tons
7 214
12, 305
10 301
8 768
11, 120
8 004
8 563
15, 334
4 944
14, 642
Ore and blister
short tons
8 187
5 423
9 604
9 889
10 445
8 004
8 548
.0864
.0788
Price, electrolytic, N.Y
dolls, per lb._
.0513
. 0481
.0478
.0777
.0540
.0670
.0478
.0501
Gold. (See Finance.)
Lead:
Ore:
Receipts in U.S. ore
short tons.. 28, 941 21,245
17, 877
25, 465
22, 580
17, 673
17, 502
22, 299
24, 037
17, 835
2,224
Shipments, Joplin district
short tons..
1,990
2,908
1,887
2,552
2, 772
3,807
2,298
1, 915
2,298
Refined:
Imports
short tons . .
933
1,113
58
480
200
20
518
66
183
2,531
Price, pis, desilverized, N.Y. dolls, per lb._
. 0429
.0305
. 0300
.0445
.0300
.0417
. 0300
.0365
.0315
. 0326
Production
short tons
38, 459
24, 465
18, 526
21, 173
19, 405
21,783
24,615
20 033
23 385
24 684
Shipments, reported
short tons.. 30, 681 23, 065 24, 089
45, 177
19, 030
34, 825
28, 197
17, 349
21,950
25, 378
Stocks, end of month
short tons.. 187, 843 175, 532 176, 157 184, 693 189, 751 194, 251 196, 827 197, 109 193, 005 171, 275
Silver. (See Finance.)
Tin:
Consumption in manufacture of tin and
1
terneplate*
_
long tons
, 300
2,920
1 300
3 020
1 360
1 400
1 310
2 260
1 460
Deliveries
long tons
3,350
3,240
2 645
6,540
6,145
3 725
3 045
4 555
4 835
3 330
Imports, bars, blocks, etc
long tons..
3,335
2,582
2,802
8,449
3,786
2,262
6, 839
2,830
4,274
5, 725
Price, Straits, N.Y./.
dolls, per lb..
.2332
. 4421
. 5307
.4638
.2269
.2270
.2434
. 2715
. 3591
.2350
Stocks, end of month:
World, visible supply
- . long tons
26, 075
47,471
41 883
38, 043
45 796
44 223
39, 964
43 160
42 541
43 528
United States
long tons.6,769
3, 441
3,474
4,549
4,496
3.461
2.741
3,036
2.040
2.281
* New series. For earlier data see p. 19 of the January 1933 issue (stokers) and p. 20 of December 1932 issue (tin consumption).
§ Data for 1932 revised. For revisions see p. 48 of the June 1933 issue.
January 1934
SUEVEY OF CURRENT BUSINESS
1932
Monthly statistics through December 1931, 1933
together with explanatory footnotes and references to the sources of the data, may be found Novem- Novem- Decemin the 1932 Annual Supplement to the Survey
January Februber
ber
ber
ary
49
1933
March
April
May
June
July
20 456
15 232
22 111
14, 621
August
SeptemOctober
ber
METALS AND MANUFACTURES—Continued
NONFERROUS METALS AND
PRODUCTS— Continued
ZincMetals— Continued
Ore, Joplin district:
Shipments
short tons
19, 083
15,514
Stocks, end of month-- -_
.short tons
Price, slab, prime, western (St. Louis)
.0452
dolls, per lb_.
Production, total (primary)
short tons... 32, 582
Retorts in operation, end of mo
number
28, 142
Shipments, total
short tons-. 26, 783
20 783
Domestic
short tons
Stocks, refinery, end of month
shgrt tons-.. 101,223
Electrical Equipment
Conduit, nonmetallic, shipments. _thous. of ft..
Delinquent accounts, electrical trade. (See
Domestic trade.)
Furnaces, electric, new orders
kilowatts
Electrical goods, new orders t (quarterly)
thous. of dolls
Laminated phenolic products, shipments
Mica, manufactured:
dollars..
Orders, unfilled, end of month
thous. of dolls ._
Shipments .
-thous of dolls
Motors (direct current) :
Billings (shipments)
dollars
Orders new
dollars
Panelboards and cabinets, shipments
thous. of dolls
Porcelain, electrical, shipments:
Special
dollar 5 ?
Standard. ...
- .
dollars
Power cables, shipment^
thous of It
Power switching equipment, new orders:
Indoor
dollars . .
Outdoor.. _ .
. _ - _ dollars
Radiators, convection tvpe. (See Iron and
steel.)
Reflectors, industrial, sales
units
Vacuum cleaners, shipments
number-Vulcanized fiber:
Consumption
thous. of Ib
Shipments-. ..
_ . ._ thous. of dolls
Welding sets, new orders:
Multiple operator
.
units
Single operator.. . _ .. ._ _
units
1, 252
22, 280
42, 891
.0309
16, 078
19,753
15,970
15 950
121, 948
1, 705
620
23 948
37, 500
30, 875
24, 515
.0302
.0312
IS, 653 «18, 867
21 023
22 660
15, 745 « 15, 162
15 725 a 15 12°
124,856 "128,561
22 262
18, 343
10 976
19, 987
19 830
17, 167
13, 869
18, 108
26 605
10, 496
28 952
14 064
.0492
.0470
. 0299
.0330
.0381
.0488
.0267
.0435
«21,808 "21,467 «21,513 «23. 987 *30, 865 «33, 510 «33, 279
22 375
25,416
23 389
22 405 0 23 569
25 836 a 27 220
24 404
a
« 14, 865 « 15, 869 a 19, 399
27, 329 « 36, 647 " 45, 599
42, 403 « 34, 279
a 14 865 a 15 869
19 354 n 27 329 a 3(i (;03
<- 42 381 «34 279
"133,357 "139,296 "141,364 '135, 551 "122,891 "108, 157 a 99, 264 " 98, 264
24
13,
a 19, 661
1,045
1,341
1,622
334
205
247
846
1,091
2,303
211
2 157
688
57, 897
62, 912
2,609
2,194
2, 803
1 357
783
936
26,
a
37
1
1,293
1 452
98, 669
79, 856
493, 125
379, 687
325, 004
299, 259
294, 230
311,439
391, 055
560, 582
622, 979
578, 503
60S, 788
585, 454
107
100
46
65
45
56
46
58
29
50
28
48
34
53
42
76
122
90
148
118
124
130
136
ICO
150 283
146 813
186 285
133 950
108 871
83 679
136 566
168 266
150 571
141 313
128 786
118 359
231 210
158 094
213 107
265 054
219, 601
376 758
289, 101
453 476
255, 170
253,015
:/i i
?38
147
173
191
146
137
130
157
204
165
167
148
51, 736
23. 738
42 664
15, 715
29 007
11 450
20 310
14 721
343
282
254
38 311
17, 188
285
25 722
17 197
288
34 8] 3
21, 181
246
43 733
45 781
412
45, 922
30, 498
245
59, 120
47, 342
344
53, 046
37, 186
313
59
312
27 897
15 770
439
15, 343
38, 000
17, 703
58, 618
19, 799
42, 173
25. 096
33, 784
10, 812
36, 482
17. 356
74, 979
23, 161
35, 936
23, 506
50, 527
26, 000
65, 354
27, 613
65, 875
27,911
81,635
28
47
47, 770
62, 000
35 327
36, 178
29 699
38, 727
27 668
28, 462
25 952
30, 106
25, 381
43, 340
30 223
37, 934
32, 142
41, 661
38, 970
44, 531
46, 453
35, 000
49, 945
43, 916
50, 484
61, 340
59, 451
59, 246
1, 798
903
353
948
876
245
18*
204
811
192
874
187
864
206
1,357
285
1,964
404
2,032
434
1,948
446
1,963
412
1,876
1
406
f)
6
63
1
101
3
39
2
39
1
1
70
2
94
0
156
2
200
6
143
0
147
0
141
1 646
16, 648
1 492
16, 373
1 261
15, 934
1 421
14, 952
1,586
15, 991
2,274
16, 408
3,804
16,712
4, 973
16, 568
5, 601
15, 657
5,027
14, 664
4, 386
14, 065
3 764
3,
13,678
13
637 923
446 608
664, 573 1,007,966 1,291,994 1,112,013 1,060,739
844, 606
17(5
Miscellaneous Products
Brass arid bronze (ingots and billets):
Deliveries
net tons
2,663
Orders, unfilled, end of month
net tons.. 13,465
Brass, plumbing:
Shipments* number of pieces
526, 883
Brass sheets, wholesale price, mill
. 148
Copper, wire cloth:
dolls, per lb_Orders:
Make and hold-over, end of month
thous. of sq. ft..
97
New
..thous. of sq ft..
325
Unfilled, end of month
thous. of sq. ft._
568
Production
thous. of sq. ft._
391
Shipments
thous. of sq. ft
351
Stocks, end of month
thous. of sq. f t . .
657
Fire-extinguishing equipment. (See automobiles.)
695
493 477
585 775
563, 671
.125
. 125
.110
.110
.110
.115
.122
.133
.140
.147
. 148
506
301
115
289
275
507
249
130
253
227
487
275
106
241
257
800
921
868
518
257
110
220
220
863
542
317
118
267
265
832
549
281
102
256
238
845
543
642
406
294
305
829
510
484
648
458
457
802
272
379
735
400
477
738
289
491
729
444
492
682
249
362
657
460
466
680
107
316
603
459
489
636
PAPER AND PRINTING
WOOD PULP
Chemical:
Consumption and shipments, total t
short tons 213,553 187, 038
Soda
short tons
23, 218
19. 105
Sulphite total
short tons..
96, 683
88,111
Bleached
short tons . _
49, 535
45, 986
Unbleached
short tons..
47, 148
42, 125
Sulphate
short tons
93, 652
79, 822
Imports §
short tons.. 218, 833" 142, 363 146, 289
Price, wholesale, sulphite, unbleached
dolls, per lOOibs...
1.95
1.58
1.53
Production, total «[
short tons..
211,032 186, 008
Soda
short tons- 22, 900
19,201
Sulphite, total
short tons_.
96, 237
86, 468
B leached
short tons. .
49, 442
44, 701
U n bleached
short tons . _
46, 795
41, 767
Sulpha te
short tons. 91, 895
80. 339
Stocks, end of month, total
short tons..
29, 148
28, 624
Soda
short tons. _
3,224
3,318
Sulphite, total
short tons
20,464
21,846
Bleached
short tons. _
6,074
5,166
Unbleached
short tons _ _
5,744
5, 268
Sulphate
short tons
3,822
3,644
434
510
Other grades
. -short tons
* New series. Data prior to July 1931 not published.
§ Data
t Revised series. For earlier data see p. 19 of the August 1933 issue.
207, 860
28, 464
98, 471
49, 902
48, 569
80, 925
138, 971
214, 511
27, 751
104, 518
55,016
49, 502
82, 242
98, 431
227,811
28, 252
115,860
61,842
54, 018
83, 699
78, 921
224, 020
26, 758
107. 799
55, 035
52, 764
89, 463
62, 409
223, 871
26, 764
97. 924
52, 947
44, 977
99, 183
82, 176
235, 820 «271, 533
31,918 "31,428
100, 035 120, 665
79, 942
57, 383
42, 652
40, 723
103, 8S7 119,440
137, 206 178, 577
307, 192
32, 345
134,884
65,919
68, 965
139, 963
194, 641
298, 680
31, 261
143,912
74, 397
69,515
123, 507
192, 338
303, 620
32, 637
147, 783
67, 770
80, 013
123, 200
191,019
1.53
203, 763
24, 762
96, 001
48, 355
47, 646
83, 000
54, 536
2,840
46, 744
23,116
13, 602
4, 510
442
1.53
205, 603
24, 738
101,173
5 1,225
49, 948
79, 692
50, 206
2, 368
43, 758
20, 038
14,996
3, 658
422
1.53
219. 468
25, 876
108, 446
56, 374
52, 072
85, 146
47, 352
2,492
40, 210
15, 652
14, 990
4, 158
494
1.53
222, 536
25, 928
107, 679
53, 484
54, 195
88, 929
39, 830
3, 304
32, 280
14, 332
8,780
3, 990
256
1.53
241. 284
28i 592
115,644
49, 622
66, 022
97, 048
33, 186
2,920
26, 598
10, 770
6.712
3,216
452
1.55
248, 535
31, 508
111,148
54, 237
56.911
105, 879
29, 634
2, 588
22, 772
7,614
6, 180
4,024
250
1.64
269, 166
30, 365
120, 309
81,077
39, 232
118, 492
1.75
309, 065
33, 039
134, 934
65, 202
69. 732
141,092
1.79
303, 195
31,834
146, 480
78, 395
68, 085
124,881
1. 91
306, 576
33, 000
150, 253
68, 524
81, 729
123,323
!
revised for 1932. For revisions 1932 see p. 49 of the June 1933 issue.
° Revise L
t Series revised. For earlier data see pp. 18, 19, and 20 of the November 1933 issue.
50
SURVEY OF CURRENT BUSINESS
1933
Monthly statistics through December 1931, 1933
together with explanatory footnotes and references to the sources of the data, may be found Novem- Novem- Decem- January
in the 1932 Annual Supplement to the Survey
ber
ber
ber
January 1934
1933
F
*ru-
March
April
May
June
July
Se
^m" October
August
PAPER AND PRINTING—Continued
WOOD PULP-Continued
Mechanical (ground wood): 1
Consumption and shipments
Imports
Production
Stocks, end of month
^hort
short
short
short
j
tons
tons..
tons.tons..
25,912
PAPER
Total paper:
Production ^
short tons..
Percent of capacity
-_
Shipments 1
short tons...,..Stocks end of month
short tons _
Book paper:
Orders, new:
52
Coated
percent of normal production. .
63
Uncoated ..percent of normal production..
Orders, unfilled:
Coated
number of days' production. _
5
7
Uncoated
number of days' production. _
Production !
short tons
Percent of capacity
_ _
Shipments f
short tons
Stocks end of month
short tons
Newsprint:
Canada:
Exports..
short tons 162, 293
Production
short tons 193. 718
Shipments from mills
short tons.. 201, 102
Stocks, at mills, end of month-.short tons.. 30, 858
United States:
Consumption by publishers short tons
Imports
short tons__ 176, 766
Price, rolls, contract, destination, N.Y.
40.00
basis
dolls, per short ton
Production, total
short tons... 87, 567
Shipments from mills
short tons.. 86, 829
Stocks, end of month:
At mills
_
short tons. 19, 676
At publishers..
__ ..short tons..
In transit to publishers
short tons..
Paper board:*
Production
short tons
Shipments
short tons
Box board :§
i
Consumption, waster paper
short tons..
Orders:
New
short tons
Unfilled, end of month
short tons..
Production.
short tonsOperations, percent of capacity
Shipments
short tons
Stocks, end of month
short tons
Stocks of waste paper, end of month:
At mills
short tons..
In transit and unshipped purchases
short tons...
Writing (fine) paper:
Production!
short tons
Percent of capacity
'
Shipments!
short tons i
Stocks, end of month
short tons
Wrapping paper:
Production!
short tons
Percent of capacity
Shipments!
short tons
Stocks, end of month
short tons
All other grades:
Production! _
.
short tons
Shipments!
short tons
Stocks, end of month
- short tons. .
102, 772
24, 956
102, 295
58, 457
96, 072
17, 403
95, 101
57, 531
89, 860
8, 210
86, 905
52, 028
86, 453
5, 594
83, 854
49, 820
92, 403
9, 064
90, 591
48, 105
97, 337
7, 949
103, 002
53, 172
106, 393
18, 084
113, 789
60, 303
653, 140
58
645, 890
366, 685
574, 844
52
567, 875
363, 962
582, 455
53
586, 397
349, 389
628, 308
58
627, 210
671, 477
741, 783
710, 423
882, 575
923, 842
925, 347
852, 306
797, 014
670, 488
757, 316
697, 481
901, 733
941, 341
921, 401
854, 959
789, 048
41
53
36
43
43
51
43
51
46
60
49
47
53
60
56
52
59
61
70
52
68
53
58
5
75, 634
59
71, 745
77, 289
3
4
75, 392
59
74, 630
78, 294
4
4
3
80, 486
64
78, 796
74, 671
3
5
79, 689
66
77, 537
77, 210
4
4
76, 183
49
77. 326
75, 820
5
6
79, 799
55
64, 797
80, 900
6
10
89, 659
63
87, 687
83 327
6
8
92, 060
7
10
98, 842
7
77, 094
58
81, 103
70, 778
99, 746
6
6
90, 708
97, 860
98, 644
100, 943
89, 710
153,569
"163,097
"166,200
* 44, 425
136, 993
138, 682
140, 770
42, 337
127, 779
140, 539
133, 056
49, 837
107, 446
124, 788
120, 094
54, 515
138, 005
137, 078
140, 694
50, 872
113, 139
148, 377
161, 040
37, 232
168, 719
170, 047
164, 991
43, 428
152, 152
171,830
171,889
43, 068
167, 303
180, 387
180, 836
41,963
165,880
196, 036
196, 958
41, 826
177, 806
179,655
183, 994
37, 237
145, 889
155, 499
132,761
135,430
127, 446
130,917
116,307
94, 908
123,402
114, 500
132,032
139, 213
160, 773
157, 314
130, 879
142, 700
132, 482
163, 433
127, 837
151, 210
134, 306
177,750
152, 098
175, 711
45. 00
<* 83, 235
"85,419
45.00
80, 075
79, 002
45. 00
74, 356
72, 637
45. 00
67, 665
66, 884
45.00
76, 521
77, 933
40.00
74, 534
76, 085
40.00
81, 181
78, 861
40.00
81, 939
84, 970
40.00
79, 616
82, 145
40.00
87, 957
86, 077
40.00
72, 091
74, 139
40.00
82, 052
81, 580
« 20, 710
171,798
28, 758
21, 783
172, 272
24, 171
23, 502
166, 954
24, 601
23, 363
157, 489
27, 347
23, 005
149, 971
23, 691
21, 171
139, 637
27, 066
23, 560
137, 451
24, 290
21,964
135, 342
24, 051
19, 378
157, 118
26, 278
21, 407
171,011
30, 934
19, 152
177, 732
34, 214
18, 991
178, 159
36, 679
278, 801
274, 141
224, 214
222, 280
243, 489
243, 246
263, 940
2G5, 524
290, 678
289, 225
295, 038
295, 923
322, 108
327, 906
382, 002
390, 788
364, 253
368, 624
368, 464
371, 043
349, 903
349, 553
301,868
307, 000
127, 749
18, 684
125 737
59, 218
102, 654
30, 966
103, 274
116,275 i 99,726
21,354 ' 24,909
103, 540
92, 083
113,215
23, 612
105,316
171,947
« 190, 827
187, 734
38, 415
a
109, 393
123, 019
135, 442
157, 707
200, 443
187, 731
188, 136
209, 856
172, 351
146, 006
207, 214
36, 065
205, 326
52 3
149, 743
80, 925
207, 705
38, 505
205, 871
58.8
158,993
77, 778
250, 480
53, 542
237, 536
54.9
181, 796
77, 902
236, 022
70, 099
223. 845
58. 2
174,914
78, 827
294, 460
76, 619
287. 032
68.7
221,612
76, 953
349, 650
144. 307
292, 967
76.2
260, 101
66, 932
268, 546
128, 638
233, 272
79. 0
246, 994
66, 371
307, 321
118,298
312, 747
77.3
252, 036
63, 965
238, 771
105,423
252, 452
70. 7
226, 330
64, 630
185, 026
62, 177
228, 416
60.1
191, 989
62, 835
100, 976
89, 023
85, 344
95, 309
107, 449
20, 2:>9
27, 551
22, 519
28, 389
42
28, 514
50, 063
32. 946
49
31,494
50, 099
34, 2l>2
37,4,1
9
37, 343
99 584
67
98, 001
58, 903
84 1R9
57
82, 370
59, 554
92 969
79, 71-S
80, 625
79 010
78, 145
78, 095
32, 819
49
32. .530
77, 364
69, 780
67, 210
73, 281
96, 071
31, 511
25, 607
23, 686
21, 747
20, 155
15.224
42, 820
'2 ,52
53, 943
78
31,737
10, 17f»
<jo, i £1
"0, S94
52, 537
83
52, 274
42, 767
76
41, 441
46, 636
70
43, 232
92, 783
57, 240
1 1> 4 ^ 1 >^ K-I«
91 417
63 '
(o '
72 '
S3
91,' * i 2 > , , > ! 13o,S«S J2VJJJ
r
57 596
"• °-fi7
>^- *ft > ' -'•-* -"li-l
149 124
99
163 579
io 102
152 3^4
106
153, 857
ifift QS^
' 105
161, 143
I4n 3:u
98
136, 826
ioq 558
89
123, 045
58, 835
59, 423
71, 297
85 291
84, 523
72, 135
l?2,2bl
119,696
71, 591
179,788
183, 204
143, 470
147, 918
142, 792
141, 221
34,039
48 9S4
4S 9n!
r±! 531
74,912
3^,848
49
J
4 1 lu
47, >iS
124, ft' 7
1^0 391
73, 394
62, 068
61, 882
73, 371
KO
i
-0-
153, 973
149, 662
I
PAPER PRODUCTS
Abrasive paper and cloth, shipments:
44, 595
Domestic
reams
3". 424
37, 648
32,412
28, 125
35, 878
40, 468
53, 187
67, 442
60, 549
59, 784
61, 656
Foreign
reams8,972
4,412
5,331
6, 522
6,832
6, 829
8,984
5,478
7,675
6,945
6,739
6,699
Paper board shipping boxes:
Operating time, total
percent of normal ._
65
56
58
60
58
65
80
88
90
91
Corrugated
percent of normal
62
69
62
65
IT
61
86
71
93
100
97
87
Solid
fiber
percent of normal
52
44
39
43
47
72
47
60
70
64
65
Production, total...
_. thous. of sq. ft .
409. 736 361,871 376, 200 398, 014 380, 452 460, 970 565, 471 626, 415 631, 484 600, 157 566, 267
Corrugated
thous. of sq. ft._
345, 756 306, 447 314, 084 329, 133 306, 667 385, 117 463, 567 499, 226 513, 490 481, 396 452, 869
Solid
fiber.
thous. of sq. ft..
63, 980
62, 116
55, 424
68, 881
73, 785
75, 853 101, 904 127, 189 117, 994 118, 761 113, 398
Hope paper sacks shipments*
1930-31 = 100..
112
106
112
120
81
102
124
112
95
80, 366
7,823
71
49
493, 888
395, 814
98, 074
PRINTING
Blank forms, new orders
...thous. of sets.. 69, 329
Book publication, total. .number of editions. _
652
New books __
number of editions
545
New editions
..number of editions107
Operations (productive capacity )... 1923 =100. _
Sales books:
Orders, new
thous of books
9,341
Shipments
thous. of books
10, 538
38, 364
700
595
105
67
50, 350
875
707
168
66
46, 602
457
390
67
66
45, 053
679
576
103
70
53, 337
766
621
145
62
46, 508
805
637
168
62
59, 226
530
477
53
67
82, 156
511
416
95
63
72, 099
660
554
106
63
94, 244
572
491
81
64
60, 009
824
699
125
68
69, 318
754
643
111
71
8,476
8,874
7,645
9,068
9,735
7,920
7,907
7,653
7,399
8,048
9,902
8,570
10, 380
9,572
12, 934
11, 162
13, 078
11,097
13, 364
11,950
10, 958
10, 483
9,697
11,627
0
Revised.
1f Series revised. For earlier data see pp. 18, 19 and 20 of the November 1933 issue.
* New series. Earlier data not published (rope paper sacks). See p. 19 of the December 1933 issue (paper board).
t Data revised. See pp. 19 and 20 of the December 1933 issue for earlier data.
§ Earlier data on boxboard not available.
January 1934
SURVEY OF CURRENT BUSINESS
1933
Monthly statistics through December 1931, 1933
together with explanatory footnotes and references to the sources of the data, may be found Novem- Novem- DecemJanuary
in the 1932 Annual Supplement to the Survey
ber
ber
ber
51
1933
Febru-
ary
RUBBER AND RUBBER
March
April
May
June
July
August »
- October
PRODUCTS
i
CRUDE AND SCRAP RUBBER
Crude:
Consumption, total - »
long tons. _
For tires
long tons
Imports, total, including latex§-__long tons...
Price, wholesale, smoked sheets, N.Y.
dolls, per lb__
Shipments, world
long tons..
Stocks, world, end of monthf
long tons..
Afloat, total _
Jong tons..
For United States
long tons
London and Liverpool
. long tons..
British Malaya
long tons,.
United States!
long tons,.
Reclaimed rubber:
Consumption
long tons
Production __
_ , ..
long tons. .
Stocks, end of month
long tons
Scrap rubber:
Consumption by reclaimers
long tons
25, 371
20, 157
9,388
29, 620
15, 631
7,408
32, 016
19, 928
10, 376
30, 663
18, 825
9,587
22, 969
15, 701
8, 179
28, 475
22, 817
13, 555
21, 034
38, 785
22, 337
26, 736
44, 654
26, 075
23, 504
43, 660
24, 751
45, 243
0. 086
76, 000
634, 000
97, 425
71,425
88,918
82, 000
366, 000
0.034
57, 976
611, 301
74, 505
54, 505
96, 324
71, 441
370, 577
0.033
56, 700
621, 078
71, 147
51, 147
91,121
77, 024
379, 000
0. 033
59, 000
614,851
60, 674
40, 674
89, 267
74, 590
385, 354
0.029
54, 500
618, 299
65, 123
41, 123
92, 153
71, 677
386, 686
0.030
56, 900
622, 142
60, 914
36, 914
94, 658
67, 583
395, 987
0.036
55, 000
617, 490
65, 431
38, 431
95, 151
66,911
389, 997
0. 049
57, 000
620, 586
81, 177
54, 177
98, 609
70, 489
370, 311
0.061
62, 000
632, 565
106,510
79, 510
102,511
82, 331
341, 213
0.078
74, 000
619, 752
96, 794
71, 794
99, 906
88, 199
334, 853
4,688
8,519
12, 652
4, 135
6.215
9,973
3,135
5,345
10, 794
3, 560
4,983
10, 733
3, 229
4,303
10, 936
2,556
3,617
10, 227
3,261
4, 340
9,484
5,750
7,864
9,065
7, 159
9, 956
8,733
7,642
11,326
9,311
41, 821
19, 512
14, 132
31, 047
17, 173
46, 255
27, 758
15, 274
46, 034
0. 073
0.073
75, 462 "74, 000
603, 711 «619, 019
88, 355 «97, 468
66, 355
71, 568
95, 022
96, 661
85, 573
85, 207
333, 122 341, 322
0.076
•84, 000
"624, 516
•100, 210
73,210
"89, 766
81, 758
"352, 782
39, 097
21, 772
45, 413
6,990
11,005
9,924
27, 800
5,818
9,809
10, 473
5,337
8,898
11,713
37, 638
TIRES AND TUBES
Pneumatic casings:
Production
thousands _ .
Shipment^ total
thousands
Domestic
thousands
Stocks, end of month
thousands
Solid and cushion tires:
Production
thousands
Shipments, total
.
thousands _
Domestic
thousands
Stocks, end of month
thousands
Inner tubes:
Production
thousands
Shipments, total
_ _ _ thousands. _
Domestic
.
thousands. _
Stocks end of month
thousands
Raw material consumed:
Fabrics
thous. o f l b .
Crude rubber. (See Crude rubber.)
1,586
1,455
1, 405
6, 1 15
1, 806
2, 077
2,011
5, 789
1, 871
1,834
1, 764
5,902
1,630
1 674
1,616
5,832
2,499
2 923
2 874
5, 419
4,151
4 144
4,077
5,408
4, 880
5 044
4,320
5,292
4,571
4 398
4,324
5,475
3,995
3 766
3,674
5,656
3,199
2 803
2 714
6,076
2,743
2 030
1 943
6,769
6
5
23
5
5
24
"
22
7
8
7
21
7
7
6
21
7
8
7
20
9
9
9
21
15
15
14
20
15
14
13
21
16
13
13
24
15
14
13
24
12
11
11
26
1,604
1,263
1,221
5,330
1,423
1,379
1,348
5,400
1, 675
2, 028
1, 989
4,957
1,779
1,682
1,646
5,085
1, 506
1,522
1,486
5, 095
2,282
2,441
2,410
4 951
3,760
3,571
3, 530
5 105
4, 358
4,622
4,575
4, 878
4,482
4,169
4,110
5 152
3,933
3, 750
3,685
5 303
3, 070
2,778
2, 719
5 607
2,805
2, 141
2,079
6 265
7,827
5, 993
7,899
7,263
6,364
10, 460
16, 778
19, 553
18, 709
16, 821
13, 592
11,116
162
191
247
313
307
260
208
188
10, 550
38, 451
21, 525
41,610
27, 948
37, 371
23, 526
41, 612
1,843
1,369
1, 306
5, 964
6
MISCELLANEOUS PRODUCTS
Rubber bands, shipments.
thous. oflb..
Rubber clothing, calendered:
Orders, net— number of coats and sundries.. 14, 878
Production.-.number of coats and sundries.. 38, 342
Rubber-proofed fabrics, production, total
thous. of yd__
318
Auto fabrics
thous. of vd _
Raincoat fabrics
...thous. of yd..
Rubber flooring, shipments
thous. of sq. ft..
268
Rubber and canvas footwear:
Production, total
thous. of pairs..
Tennis
thous. of pairs..
Waterproof
thous. of pairs..
Shipments, total
thous. of pairs. _
Tennis
thous. of pairs..
Waterproof
thous. of pairs..
Shipments, domestic, total. -thoas. of pairs..
Tennis
thous. of pairs..
Waterproof
thous. of pairs..
Stocks, total, end of month, thous. of pairs..
Tennis
thous of pairs
Waterproof
. .. thous. of pairs ..
.Rubber heels:
Production
thous. of pairs- .
Shipments, total*
thous. of pairs
Export
thous. of pairs..
Repair trade
thous. of pairs
Shoe manufactures
thous of pairs
Stocks, end of month
thous. of pairs- _
Rubber soles:
Production
_ _ thous. of pairs _
Shipments, total* _
thous. of pairs
Export
thous of pairs
Repair trade
.--thous. of pairs..
Shoe manufactures
thous. of pairs
Stocks, end of month
thous of pairs
Mechanical rubber goods, shipments:
Total
thous of dolls
Belting
thous. of dolls
Hose
thous of dolls
Other
thous of dolls
170
138
189
167
22, 353
38, 704
6, 827
25, 759
11, 574
24, 409
7,327
16, 330
8,058
20, 997
8,037
14, 227
9, 808
19, 392
11, 756
35, 873
3,890
332
2,461
307
1,772
234
707
252
2,052
221
799
188
2,146
243
616
269
2,303
134
953
307
2,988
241
1,275
218
4,891
467
2,321
365
6,139
603
3,195
310
5,992
584
3,301
255
5,136
466
2,791
319
o, 948
375
2, 488
252
3,740
317
2, 393
329
5,007
1,385
3,623
5,375
454
4,922
5,330
422
4,908
15, 038
5, 955
9,083
4,782
1, 603
3,179
4,813
551
4,262
4,773
168
4,254
15,016
7 016
8,000
3, 725
1, 913
1, 812
3,156
1,814
1,342
3,136
1,801
1, 335
15, 351
7,008
8,343
3,275
2,185
1, 090
3, 537
2, 256
1,281
3, 511
2 ^4f:
l', 267
15, 088
6, 937
8,151
3,281
2, 634
647
3,390
2, 842
548
3,339
2, 800
539
14, 965
6,730
8,235
3,172
2, 636
536
3,672
3,230
442
3,637
3, 202
435
14, 462
6 135
8,326
3,860
2, 794
1, 066
4,212
3,516
698
4,149
3,470
679
14, 110
5 413
8,697
3,732
2, 153
1, 579
3, 925
3, 085
840
3,857
3, 025
833
13,922
4,485
9,437
3.824
1,496
2,327
4,333
2, 251
2,082
4, 253
2, 181
2, 072
13,517
3 832
9, 685
5, 319
1, 898
3,421
5,126
1, 610
3, 4S7
5,043
1,575
3,468
13,749
4 134
9, 616
4, 827
1, 379
3,448
6, 061
1, 261
4,800
5, 993
1, 215
4, 778
12,512
4 252
8, 2G1
5,931
1, 739
4, 193
5, 634
679
4, 955
5, 591
656
4, 935
1?, 806
5 312
7, 495
14, 162
13, 188
184
3,966
9,038
21, 749
12, 433
13,641
258
2,423
10, 960
20, 337
13, 142
11,336
209
2,433
8,694
21, 808
13, 030
10, 888
11, 222
10, 761
170
2,677
7, 914
25, 549
10, 353
12, 383
281
4,441
7, 661
23, 740
19, 427
20, 484
182
6,883
13,419
22, 688
23, 479
27, 717
284
7,155
20, 278
18, 402
21, 496
20, 116
293
6,184
13,638
19, 861
22, 632
18,410
282
7, 352
10, 775
24, 123
19, 021
14, 809
3 Of>
4, 635
9, 868
28, 637
19, 103
14, 157
340
3,765
10, 052
33, 750
4,780
4,420
5
316
4,099
2,559
4, 647
5,265
6
209
5, 050
2,369
4,247
3,777
1
275
3,502
2,766
4,008
3, 728 f
3
362
3, 362
3,121
3, 959
3,925
235
271
3,419
3,302
3,108
3,256
1
266
2, 988
3, 215
5,209
5, 482
1
335
5,146
3,006
6,094
6,786
5
395
6,386
2,228
5, 154
5,024
4
436
4,584
2,333
5,177
4, 392
8
579
3,806
3,011
4,351
3,802
3
281
3,518
3, 645
4,244
3,678
9
333
3, 336
4,286
1,990
423
709
858
1,992
397
780
816
2,060
382
730
949
1,815
352
633
830
2,018
358
802
858
2,273
371
903
999
2,847
521
1,067
1 259
3,924
865
1,471
1,588
4,191
1,187
1,428
1,575
3,892
975
1,298
1,619
3, 675
882
1, 206
1,587
t For revised data for year] 1932 see p. 50 of ^May 1933 issue.
1933 issue.
° Revised.
* New series.
2,909
7,758
25, 267
Earlier data not published. § Data revised for 1932, for revisions see p. 50 of the June
52
SURVEY OF CURRENT BUSINESS
1932
Monthly statistics through December 1931, 1933
together with explanatory footnotes and references to the sources of the data, may be found Novem- Novem- Decemin the 1932 Annual Supplement to the Survey
January
ber
ber
ber
STONE, CLAY,
January 1934
1933
February
March
April
May
June
July
August |Sei^- October
AND GLASS PRODUCTS
BRICK §
Common brick, wholesale price, red, N.Y.
dolls, per ihous..
Face brick (average per plant) :
Orders, unfilled, end of mo-.thous. of brick-Production (machine)*
thous. of brick
Shipments
thous. of brick
Stocks, end of month {
thous. of brick..
Sand-lime brick:
Orders, unfilled, end of mo. -thous. of brick _.
Production
thous. of brick
Shipments by rpil
thous of brick
Shipments bv truck
thous. of brick
Stocks, end of month
thous. of brick..
8.75
9.25
1, 775
1 431
773
9.25
10.13
9.25
9.25
9.25
9.25
9.25
9.25
9.25
9.25
9.25
351
151
134
3,091
352
98
292
35
79
3,061
300
24
50
3, 030
324
27
94
2,975
359
93
131
2,911
350
139
169
2,860
398
207
2,823
408
245
213
2,797
432
256
226
2,790
379
185
180
2,778
328
174
208
2, 705
4,812
307
80
778
4, 020
3,675
511
15
861
3,501
2, 775
492
50
742
3,003
1,580
588
72
606
3,877
1,315
730
71
1, 265
1,936
3, 955
1, 148
15
947
2,042
865
2, 084
58
1,419
3,130
315
903
15
975
2,608
245
882
1°
891
2, LSD
3,133
5, 755
798
642
1,485
8, 050
901
0
1, 231
4, 477
884
4,792
7,325
606
110
1,233
4,622
1. 003
4 672
21 2
4, 403
1!), 711
5,881
1. 388
6, 4f,2
29 1
4,782
18, 788
5,938
1.424
4, 248
18 5
2, 835
20, 205
5, 995
1. 426
2,958
12 9
2, 502
20, 624
6, 092
1. 436
2,777
13 4
2, 278
21, 125
6,422
1.436
3,684
16 1
3,510
21, 298
6, 890
1.436
4,183
18 9
4, 949
20, 542
7,146
1.436
6,262
27 4
6,709
20, 117
6, 769
1.436
7,804
35 2
7,979
19, 936
6,840
1 . 549
8,609
37 6
8,697
19, 848
6,832
1.586
8, 223
35 9
5, 994
22, 078
6,474
1.595
5,638
25 5
6,517
21, 216
6, 507
1.603
5 037
2? 1
6, 750
« 19, 502
a
6, 204
1, 508
46 4
I , 427
5, 403
1, 462
44 9
1 366
5, 343
1, 636
51 3
1 738
5, 244
1,585
51 8
1,508
5, 325
1, 704
49 5
1, 621
5, 406
1,568
49 2
i 682
5, 305
1, 693
49 1
1, 969
5, 036
2,007
60 5
2, 129
4,893
2,322
72 8
2, 112
5, 103
2, 492
72 3
2, 553
5, 033
2, 158
67 6
2 529
4, 736
2 237
67 4
2 084
4, 7W5
1,187
1, 286
1, 338
948
1,222
1, 144
1,043
1,219
795
1,049
1, 280
1,010
1,379
1,327
1,008
1,300
1,390
1, 161
2,241
2 217
l'484
2, 145
2,324
1,670
1,331
2, 100
1,611
1,815
2. 168
1 , 647
l,5,-)6
2,027
1,926
1 960
43 5
4 852
1 083
37 4
4 949
986
34 0
4 480
1 006
35 4
4 397
1 267
44 6
4, 388
1 226
43 2
4 342
1 422
50 1
4, 413
2 027
71 4
4,091
1 583
55 8
4, 110
1 701
59 9
4, 038
1 73f>
61 9
4 205
4,718
4, 268
6. 472
5, 186
5,112
4,893
8, 286
9, 946
11,828
11,708
(', 346
PORTLAND CEMENT
Price, wholesale, composite
dolls, per bbLProduction
thous. of bbl._
Percent of capaoitv
Shipments
thous. of bbL _
Stocks, finished, end of month.. thous. of bbl_.
Stocks, clinker, end of month thous. of bbl._
GLASSWARE, ETC.
Glass containers:
Production
thous. of gross. _
Percent of capacitv
Shipments
thous. of gross
Stocks, end of month
thous. of gross,.
Illuminating glassware:*
Orders:
New and contract
number of turns. .
Unfilled, end of month. -number of turns. _
Production
.number of turnsShipments:
Total
number of turns
Percent of full operation
Stocks end of month
number of turn?
Plate glass, polished, production #
thous. of sq. f t . _
2,123
64 0
1 806
4, 360
a
a
6, 064
GYPSUM *
Crude (quarterly) :
Imports
short tons
Production
_
_ _ _ _ short tons
Shipments (unearned)
short ton^
Calcined (quarterly):
Production _
..
short tons
Calcined products (quarterly):
Shipments:
Board, plaster (and lath) thous. of sq. ft
Board, wall
. - thous. of sq. ft
Cement Keenes
short tons
Plasters, neat, wood fiber, sanded,
gaging, finish, etc . __ _ .short tons
For pottery, terra cotta, plate glass,
mixing plants, etc
_ _ short tons
Tile partition
thous o f s q . f t
o
80 366
252, 891
96 374
197, 730
61 106
74, 240
369,016
146 569
117 532
431, 521
158 061
199, 083
168,931
297, 033
204, 805
22 951
4 J , 663
2 634
18 889
42 442
2 073
28, 945
67, 438
3 881
54,943
4 23:)
1 55, 603
121, 490
217, 274
187, 152
18,219
1 393
17, 249
1 406
24, 795
1 516
30,861
1,715
TERRA COTTA
Orders, new:
Quantity
Value
short tons. .
thous. of dolls
341
33
1,365
96
1,306
79
1, 188
92
292
26
2,333
198
1,105
67
1,297
72
565
47
834
68
182
34
65
TEXTILE PRODUCTS
CLOTHING
Hosiery: *
Orders:
New
thous. of dozen pairs..
Unfilled, end of month
thous. of dozen pairs. _
Production
. thous. of dozen pairs
Shipments, net
thous. of dozen pairs. .
Stocks, end of month. -thous. of dozen pairs..
Men's and boys' garments cut:
Overcoats
thous. of garments. .
Separate trousers
thous. of garments. _
Suits
thous. of garments..
Rubber clothing. (See Rubber products.)
i
j
.
i
|
3,470
5, 145
4,185
3, 666
3, 860
5, 006
5, 406
7,547
8,075
4,684
4,028 J
4,471 ;
3, 296
4, 139
4,028
8,091
3,617
5,680
5, 645
8,070
2,877
4, 695
4,783
8, 251
3,006
4, 197
3, 516
9,010
2, 826
4, 063
4, 047
9,010
3,109
4,408
4,731
8, 776
3,892
4, 263
4, 603
8, 469
5, 865
5, 559
5, 358
8,740
7, 155
6, 115
6, 537
8,390
5, 939
5,075
5, 556
7, 719
5,048
4,568
4,500
7,951
i
i
!
;
4,392
4,522 ;
4,815 i
7,553 j
554
1,495
964
172
1, 164
1,077
178
1,390
1, 450
267
1,436
1,850
216
1,676
1,745
122
1,844
1,593
131
2,106
1,599
330
2, 401
1,807
409
2,089
1,681
569 i
2,193 I
1,832 i
527 ,
1,792 '
1,3x5 '
4, 337
« Revised.
* \T
syrhs. For earlier data on face brick (machine production) see p. 20 of the June 1933 issue; gypsum, see p. 20 of the January 1933 issue; hosiery, see p. 19 of the
April 1933 issue (current data are partly estimated). Earlier data on glassware not published.
# Partly estimated for months of 1933.
t Adjusted for degrading and year-end physical inventories.
§ Census Bureau has comparative summaries for 2 months only on structural clay products. Series not comparable over 13-month period.
SURVEY OF CURRENT BUSINESS
January 1934
1933
Monthly statistics through December 1931, 1933
together with explanatory footnotes and references to the sources of the data, may be found Novem- Novem- Decemin the 1932 Annual Supplement to the Survey
January Februber
ary
ber
ber
53
1933
March
April
June
May
July
August Septem- October
ber
TEXTILE PRODUCTS—Continued
COTTON
475
Consumption!
thous of bales
Exports:
Quantity, exclusive of linters
915
thous. of bales. .
Value. (See Foreign Trade.)
Ginnings (total crop to end of month)
12, 108
thous. of bales
13
Imports ._ .
thous. of bales. .
Prices:
.096
To producer . _ . _
.dolls, per Ib
.100
Wholesale, middling, N.Y
dolls. perlb..
Production, crop estimate
thous. of bales •13,177
2,331
Receipts into sight^ .. . . -thous. of bales
Stocks, end of month:f
Domestic, total mills and warehouses
thous. of bales- . 11,985
1,574
Mills
thous. of bales_Warehouses. _
_ thous. of bales - 10,411
World visible supply, total
thous. of bales.. 9,848
8,203
American cotton
thous. of bales
502
440
470
441
495
470
621
697
601
589
499
504
1,012
1,040
794
557
488
436
592
615
692
531
869
1,047
11,635
9
12, 081
11
12, 415
21
16
12, 710
13
7
9
14
171
12
1,394
10
5,851
7
10, 361
12
.054
.059
/ 13 002
2,784
1,586
.056
.062
.055
.061
.061
.070
.061
.069
.082
.086
.087
.096
.106
.108
.088
.096
.088
.097
.090
.097
1,078
599
569
584
728
771
761
782
2,131
3,231
11,880
1,530
10 350
10, 552
8 878
11, 520
1,499
10, 021
10, 549
8 759
10, 827
1,449
9,378
10, 182
8,403
10, 244
1,343
8,901
9,796
7 977
9,523
1,371
8 152
9,560
7 613
8,715
1,392
7,323
9,014
7 042
7,708
1,398
6,310
8,341
6 429
7,085
1,348
5,737
7,713
5,908
6, Mfi
1,160
5.786
7,254
5,602
8,535
1,160
7,375
7,901
6,385
10, 836
1,361
9, 475
9,383
7,828
.174
.270
.168
.270
.163
.270
.175
.276
.179
.278
.216
.306
.251
.345
.311
.410
.361
.548
.339
.505
.321
.494
30, 479
2 498
34, 332
2 625
34, 215
2 794
39, 475
4 125
28, 150
3 510
27, 384
4 808
30, 178
3 823
28, 704
3 088
18, 213
1,404
13, 797
2,442
13, 095
3,204
.033
.032
.031
.032
.037
.048
.059
.067
.070
.067
.067
.038
.038
.037
.037
.039
.050
.064
.077
.088
.080
.078
79, 175
81, 933
88, 300
80, 097
93, 773
82, 272
95, 746
80, 446
74, 463
80, 765
88, 278
81, 740
100, 479
75, 395
90, 106
72, 909
75, 329
82, 943
57,471
92, 301
71, 669
103,371
37 674
41
55, 786
1.6
19, 864
38 282
55
52, 258
2.1
25, 698
47 503
67
55, 891
2.7
28, 156
51 148
60
61, 681
2.1
30, 339
43 006
60
58, 847
3.0
28,700
55 018
68
72, 565
3.0
34, 684
80 782
84
140, 632
8.8
51, 004
75 847
76
93, 660
4.6
48, 389
59 741
54
55, 357
2.5
29, 843
45, 092
53
60, 949
3.4
26, 775
48, 097
60
79, 155
2.8
27, 383
.059
.062
12, 148
1,454
10, 694
10, 518
8,884
COTTON MANUFACTURES
Cotton yarn:
Prices, wholesale:
. 295
22/ls, cones, Boston..
...dolls, perlb..
.187
.478
40/ls, southern, spinning
dolls, per lb_.
.271
Cotton goods:
Abrasive cloth. (See Paper Products.)
Cotton cloth:
Exports§
thous. of sq, yd._ 15, 092 25, 379
3,925
Imports . . . _
thous. of sq. yd
2 118
Fiber consumption for tires. (See Rubber and
Rubber Products.)
Prices, wholesale:
.065
Print cloth, 64 x 60
dolls, per yd..
.033
Sheeting, brown, 4 x 4 (Trion mill)
.076
dolls, per yd..
.041
Cotton cloth finishing:
Printed only (mills and outside) :
Production
thous. of yd.. 64, 334 69, 515
Stocks, end of month
-thous. of yd.. 103, 574 74, 850
White, dyed and printed (outside mills):
Billings (finished goods)
thous of yd
47 956
Operations
percent of capacity
49
Orders, new, gray yardage. ..thous. of yd..
45, 570
Orders, unfilled, end of mo
day's prod..
1.1
Shipments (finished goods)
cases..
24, 748
Stocks, end of month (finished goods)
18 684
cases
Spindle activity:!
Active spindles
_ .thousands- 25, 423 24, 368
Active spindle hours, total._mills. of hours.. 6,796
6,967
220
221
Average per spindle in place.
hours..
96.3
Operations
percent of capacity
96 8
14 590
13 407
14 919
15 768
16 104
15 418
30 580
35 433
24 144
40, 107
43, 927
23, 800
6,386
203
87 1
23, 754
6,791
217
95 0
23, 669
6,286
202
94 9
23 488
7,050
227
93 8
23 422
6,570
212
95 5
24, 610
8,329
269
112 4
25, 550
9,299
300
128 9
26, 085
8,128
263
117 5
25, 885
7,942
258
106.7
26, 002
7, 058
229
99.6
25, 875
7,261
235
101.9
1,126
395
770
.65
410
.65
398
.65
504
42, 852
7,828
31, 185
7,007
28, 521
7,029
1.881
1.04
1.889
1.04
1.647
1.04
23, 092
55, 515
24, 480
73, 800
23, 078
93, 625
RAYON AND SILK
Rayon:
92
Imports.
thous. of lb..
425
221
351
52
366
285
45
828
8
Price, wholesale, 150 denier, "A" grade,
.65
N.Y
dolls, per lb._
.60
.60
.50
.55
.60
.60
.60
.60
.60
9 57
Stocks, imported end of month thous of Ib
225
241
242
253
249
237
287
226
Silk:
Deliveries (consumption)
bales. . 34, 822 43, 955 40, 548 46, 204 32, 665 38, 934 41,910 47, 151 53, 627 44, 597
Imports, raw
thous. of lb__ 5,472
8,066
3,402
7,732
8,301
4,254
5,660
6,404
8,396
4,988
Operations, machinery activity:
74 §
Broad looms
percent of capacity
76 2
80 6
56 6
59 2
82 9
83 2
75 4
89 7
Narrow looms _
percent of capacity
45.3
34 2
53 0
36.8
36 3
42 2
46 0
53 2
37 2
Spinning spindles
percent of capacity
52 2
48 9
52 3
62 8
55 5
56 8
38 2
49 8
78 4
Prices, wholesale:
1.562
Raw, Japanese, 13-15, N.Y., -dolls, per lb_. 1.465
1.201
1.182
2.155
1.550
1.324
1.586
2.273
1.305
1.04
Silk goods, composite
dolls, per yd._
.92
.89
.89
.92
.98
1.02
.91
.90
.95
Stocks, end of month:
World, visible supply
bales
258, 280 282 616 256 142 239 864 237 236 234 523 224 425 218 923 243 529
United States:
At manufacturers
bales. . 23, 153 24, 336 22, 443 23, 406 22, 074 20, 243 21, 151 20, 243 22, 190 21, 458
At warehouses
bales . _ 91, 122 57, 932 62, 837 69, 747 60, 459 43, 814 43, 038 40, 125 33, 933 51, 684
WOOL
Consumption, grease equivalent. .thous. of lb._ 43, 466 38, 963 36, 532 35, 510 33, 278 24, 943 28, 701 46, 898 58, 688 57, 377 55, 694 50, 467
51,037
Imports, unmanufactured §
thous. of lb._ 15, 997
5,408
5, 134
4,864
6,140
31,406
40, 060
4,451
3,179
10, 898
21, 308
19, 633
4,977
Operations, machinery activity:
Combs
percent of capacity
82
92
107
134
134
113
108
100
87
55
62
84
108
Looms:
44
Carpet and rug
percent of capacity23
22
46
45
49
28
23
23
25
31
49
46
Narrow
percent of capacity
53
42
36
36
54
51
48
33
28
29
46
41
39
68
Wide..- _- percent of capacity
64
59
58
59
43
42
87
66
97
87
62
73
Spinning spindles:
Woolen
.
. ..percent of capacity
60
42
53
100
60
55
59
77
108
99
82
63
68
32
92
Worsted
percent of caDacitv..
35
96
83
58
57
56
57
72
69
60
65
« Dec. 1 estimate.
/ Final estimate.
1 For revisions for crop years 1932 and 1933 see p. 52 of the October 1933 issue and p. 52 of the September 1933 issue, respectively.
t For revisions of cotton consumption and spindle activity for the year ended July 1932 see p. 20 of the February 1933 issue, and for cotton consumption and spindle
activity for the year ended July 1933 see pp. 52 and 53 of the November 1933 issue.
§ Data revised for 1932. For revisions see p. 53 of the June 1933 issue.
54
SURVEY OF CURRENT BUSINESS
1933
Monthly statistics through December 1931, 1933
together with explanatory footnotes and references to the sources of the data, may be found Novem- Novem- Decemin the 1932 Annual Supplement to the Survey
January j
ber
ber
ber
January 1934
1933
|ryU"
March
April
May
!
July
June
August kep.ern- QQ^QJ.^
i
TEXTILE PRODUCTS— Continued
WOOL— Continued
Prices, wholesale:
Raw, territory, fine, scoured- .dolls, per Ib..
Raw, Ohio and Penn, fleeces- -dolls, por Ib...
Suiting, unfinished worsted, 13 oz. (at mill)
dolls, per yd..
Women's dress goods, French serge, 54" (at
factory)
.
dolls, per yd.J
Worsted yarn, 2/32s, crossbred stock, Boston j
dolls, per l b _ _
Receipts at Boston, total
thous. of Ib
Domestic
thous. of lb._
Foreign
_
,
thous of Ib
MISCELLANEOUS PRODUCTS
Burlaps and fibers, imports:
Burlaps
thous. of Ib—
Fibers
..
long tons"
Buttons and shells:
Buttons:
Imports, total §
_ -thous. of gross- From Philippines
thous. of gross—!
Fresh-water pearl:
Production
percent of capacity- Stocks, end of month
thous. of gross. .
Shells, imports, total
thous. of Ib—
Mother of pearl
thous. of Ib.Tagua nuts, imports _ _
thous. of lb.
Elastic webbing, shipments
thous. of dolls..
Fur, sales by dealers..
thous. of dolls.. !
Pyroxylin-coated textiles (artificial leather): i
Orders, unfilled, end of month
i
thous. of linear yd,.;
Pyroxylin spread—thous. of Jb..
Shipments, billed
thous. of linear yd—
j
0.85
.41
0.45
.21
0.44
.20
0,44
;
i
.20
0.43
.19
j
0.44
.19
0.49
.20
0.63 1
. 29 !
0.70
.32
0.79
.35
0.80
1. 550
1.613
1.765
1. 800
1. 800
.975
1.065
1.125
1.125
!
0.82 1
.39 |
.37
1.800
1. 175
1. 175
1. 175 |
1. 175
1. 175
1. 163
1. 395 !
1. 125
.750
. 750
.750
.750
.750
.750
.780
. 925
1.35
14, 068
11,073
2,995
.85
11,858
11, 1-36
722
.83
5, 927
5,063
864
.80
8,978
7,991
.80
9,281
8, 384
.80 1
4,657
4,032
987
897
.83
6,835
6,544
. 93
17, 630
17,415
215
1. 09
54, 510
52, 995
1, 51:
1.17
83, 318
70, 876
12, 442
1.18
61, 303
45, 593
15, 710
1.29
28, 981
22^204 1
6, 777
33, 914
18, 713
31, 340
21, 895
29, 064
21, 344
28, 865
22, 937
22, 413
17, 521
34, 251
17, 820
34, 499
50,203
20, 523
25,097 i
18, 974 i
125
82
72
67
77
64
49
88
73
57
709
45.2
7, 194
413
360
599
731
1, 715
2, 477
2, 157
2,024
1,779
1, 855
1,783
667"
612
1, 506
38 o
40 n
8, 025
7,971
741
214
586
605
684
677
864
663
625
291
34, 842
27, 284 | 30, 192
25, 118 j 12, 307
20, 079
71
58
75
61
98
74
92 $07
114
86
74
36 2
7, 325
3, 255
1,356
1,087
297
267
43.2
7,132
1,356 |
1,604
1, 543
1, 661
200
181
865
615
2,067
1,675
1,862
1, 791
2,175
2,121
1, 956
2,188
2,374
2, 128
1,992
2,333
2,079
2, 699
3, 039
2,781
656
394
619
51.3
6,938
567
549
1,176
820
3,327
54.2
6,792
172
120
1,983
1, 093
3, 803
2, 753
3. 920
3, 760 i
i
3, 745
4,450
4, 202
49,848
21, 806
1 f/9.
Q2
53
44
74
815
150
3,236
1.301
3, 892
*fi %
5,737 1
779
713
3,264
1,270
5,279
*•? o
5,832
506
483
2, 216
1,074
2, 725
60. 4
5. 827
505
365
3, 066
3, 195
4,348
4,280
2,751
3,691
3,889
2, 600
2, 761
2,718
2, 556
2,697
2, 578
i
49 0 i
5, 983
j
1.35
18 Q31
15*. 241
3, 690
'
62
77
!
41.3
7, 751
0.84
.41
1
868
•
TRANSPORTATION EQUIPMENT
AIRPLANES
Production, total
Commercial (licensed) _ -_
Military (deliveries)
For export
Exports:
AUTOMOBILES
Canada:
Automobiles, assembled
number. _
Passenger cars
___number._
United States:
Autos and parts, value. (See Foreign
Trade.)
Automobiles, assembled, total §. number..
Passenger cars §
number
Trucks §
number. .
Financing:
Retail purchasers, total
thous. of dolls..
New cars
. _. - thous. of dolls
Used cars.-.,
thous. of dolls..
Unclassified . _ _ _ _ _ _ thous. o f dolls
Wholesale (manufacturers to dealers)
thous. of dolls..
Fire-extinguishing equipment:!
Shipments:
Motor- vehicle apparatus.
number . _
Hand types
_ number
Production:
Automobiles:
Canada, total
number. _
Passenger cars
number
United States, total..
number
Passenger cars
number..
Taxicabs
number..
Trucks
_ number
Automobile rims
thous. of rims..
Registrations, new passenger cars t- .number. .
Sales:
General Motors Corporation —
To consumers _
. _ number
To dealers, total
number
U.S. dealers
number..
Shipments, accessories and parts, total f
Jan. 1925 = 100Accessories, original equipment
Jan. 1925=100
Accessories to wholesalers
Jan. 1925=100Replacement parts
Jan. 1925=100..
Service equipment . ._
Jan. 1925=100
RAILWAY EQUIPMENT
Equipment condition:
Freight cars owned:
Capacity
mills, of lb_.
Number, total
thousands
Bad order, total
.
number
Percent of total in bad order
a
98
34
20
44
125
37
49
39
87
35
27
25
92
21
30
41
119
44
45
30
106
62
27
17
122
66
35
21
143
78
48
17
141
99
7
35
132
81
14
37
123
66
21
36
1,750
1, 228
1, 338
1,163
1,090
833
475
289
256
169
1,601
1, 558
1, 256
936
2, 690
2, 194
2,247
1,805
1,731
1,220
1,714
1,233
2,190
1,726
2, 428
6,703
3, 527
3,176
3,115
1,762
1, 353
4, 978
2, 757
2, 221
10, 143
7,059
3,084
8,657
5,521
3,136
8, 056
5,528
2, 528
8,318
5, 662
2, 656
7, 538
5, 093
2,445
7,235
4,757
2,478
9,128
5,546
3,582
10, 308
6,516
3,792
10, 944
6,330
4,614
11,473
5, 906
s| 567
43, 889
26 278
16, 741
870
27, 727
13, 981
12, 834
913
27, 025
14,091
12, 174
760
31, 280
18, 328
12, 174
779
29, 189
16, 842
11, 725
621
33, 547
19, 464
13, 335
748
45, 337
28, 226
16, 107
1, 005
58, 193
37, 475
19, 428
1,289
65, 514
43, 004
21, 182
1,328
65, 153
43, 334
20, 542
1,277
71, 187
47, 291
22, 536
1,360
62, 539
40, 887
20, 393
1,259
57, oOa
36, 790
19, 665
1,048
17, 703
11, 774
20, 131
30, 134
27, 515
27, 706
40, 841
55, 006
56, 938
57, 866
69, 613
51, 127
38, 963
14
21 892
14
11,695
21
10, 047
14
10, 749
24
11,841
28
12, 870
31
12,415
18
16, 401
25
22, 642
21
19, 495
19
21, 183
17
18, 348
19
17, 996
2,291
1 503
63 904
42. 818
1,611
19 475
506
94, 180
6,632
3,298
2, 204
2,139
3,358
1, 669
3,025
1,561
2,921
5,927
59, 557 107, 353 130, 044 106, 825 117, 949
47, 293 85, 858 108, 321 91, 340 99, 225
152
660
239
291
5
12, 025 21, 204 21, 718 15, 333 18, 064
580
347
727
«471
559
44, 358 45, 683 79, 821 69, 464 78, 741
35 417
10, 384
3,483
12, 780
5,781
2, 405
number
number
number .
number. ..
19, 992
53, 942
44, 101
50, 653
82,117
72, 274
42,280
59, 614
50, 212
47, 436
58, 018
45, 098
8, 255
9,396
6,957
8,024
.180, 667 218, 303
152, 939 184, 644
411
54
27, 317 33, 605
898
938
119, 909 160, 242
71, 599
86, 967
74, 242
7,323
6,540
6,079
3,682
5,808
6,005
5, 322
4,919
2,723
4,358
253, 322 233, 088 236, 487 196, 082 « 138, 485
211, 448 195, 019 195, 076 160, 891
108,010
35
4
68
63
9
41,839
38, 065 41, 343 35, 182 "30,412
1,015
890
961
523
701
174, 190 185, 660 178, 661 157,976 136, 326
85, 969 101, 827
98, 205 113, 701
85, 980 99, 956
87, 298
106, 918
92, 546
86, 372
97, 614
84, 504
71, 458
81, 148
67, 733
63, 518
53, 054
41, 982
45
193, 049
2 031
295, 784
14.8
51
51
50
41
64
71
81
76
80
74
59
36
73
86
31
48
54
76
28
46
46
84
36
45
40
84
34
33
42
87
32
59
46
106
38
64
56
118
50
73
99
129
50
68
83
119
47
71
99
134
56
66
101
120
48
47
91
109
47
201, 055 200,547 200, 250
2,134
2,123
2,127
265, 239 266, 066 266, 594
12.6
12.6
12.7
198, 997 198, 652 198, 158 197, 664 196, 733 196, 059 195, 380 194, 387 * 193, 556
2,101
2,095
2,077
2,069
2,106
2,088
2,060
2,047
2,038
269, 378 274, 368 286, 987 303, 758 316, 107 316, 437 304, 202 295, 056 295, 087
13.2
15.4
15.4 A- 14. 9
12.9
13.8
14.7
14.6
14.7
Revised.
§ Data revised for 1932. For revisions see p. 54 of the June 1933 issue.
f Revised series. See p. 19 of the August 1933 issue for earlier data on fire extinguishers and passenger-car registrations. Earlier data on accessories and parts not
published.
SURVEY OF CURRENT BUSINESS
January 1934
1932
Monthly statistics through December 1931, 1933
together with explanatory footnotes and references to the sources of the data, may be found Novem- Novem- Decemin the 1332 Annual Supplement to the Survey
January Februber
ber
ber
ary
55
1933
March
April
August J86^ October
June
May
July
2,407
51 537
11, 203
22 2
89
355
2,396
51 233
11, 109
22 1
23
322
2,391
51 081
11, 000
21 9
73
248
2,382
50 788
10, 735
21 5
TRANSPORTATION EQUIPMENT—Continued
RAILWAY EQUIPMENT— Continued
Equipment condition — Continued.
Locomotives, railway:
Owned:
Tractive power
mills, of lb._ 2,372
Number
- _number50, 442
Awaiting classified repairs... number- 10, 824
Percent of total
_- _
21 8
Installed
number
26
Retired
number
261
Passenger cars:
On railroads (end of quarter)
numberEquipment manufacturing:
Freight cars:
Orders, new, placed by railroads
cars__
C65
Orders, unfilled, total
cars..
125
o
Equipment manufacturers _ _ oir15
Railroad shops
cars.
125
Shipments, total
cars.
Domestie
- _
cars
Locomotives, industrial electric (quarterly) :
Shipments total
number..M i n i n g use
number. .
Locomotives, railway:
I
Orders, new, placed by railroads-number. .
Orders, unfilled, end of month:
Equipment manufacturers (Census)
total
- - -- number .
82
Domestic- total
number
79
Electric
- number
2
Steam
number
Railroad shops (A.R.A.)
number-1
Shipments:
I
Domestic total
number
1
Electric
number _
Q
Steam
number
Exports, total §
_ number _ _
6
4
Electric §
number
Steam
number-2
Passenger cars:
Orders, new, placed by railroads.. number..
0
Orders, unfilled (end of quarter) number
Shipments, total
number..
Domestic
number
2, 439
52 650
9, 316
J8 0
32
173
2, 435
52 490
9, 558
18 5
36
196
2,432
52 401
10, 014
19 4
31
120
2,428
52 237
10, 290
20 0
57
9
21
48, 988
2
2,398
o
2,398
12
12
50
2,431
50
2,381
15
14
1
3
2, 223
1
2, 222
3
3
0
1,974
6
1, 873
1,974
1,873
9
9
o
15
15
4
2
73
73
72
1
3
71
71
70
1
3
70
70
68
8
8
0
2
o
0
6
6
2
o
o
0
6
6
0
o
,!
0
0
0
2,410
51 654
11, 103
21 9
43
410
o
0
50
1,561
o
1,561
o
o
8
1,205
500
1,205
66
1,187
130
1, 129
19
275
1,205
3
3
1,205
o
2
1,187
165
120
1,129
427
392
'^75
11
0
o
o
0
2
0
4
8
8
0
2
1
1
2
0
2
0
0
0
7
4
3
I
1
0
2
2
0
9
4
5
0
0
13
13
21
21
o
27
22
15, 944
13 741
24
9, 338
8 531
83
79
78
1
1
2
1
1
11
8
3
1
6
o
4
o
o
o
2
2
o
1
o
o
o
3
3
o
162
112
75
2
1
3
0
49
520
127
0
79
71
68
66
0
o
80
77
75
2
1
70
67
66
1
1
0
o
83
79
78
1
1
68
68
67
I
3
o
42
162
26
26
69
69
67
2
3
o
346
2,379
10, 963
47, 660
13
12
78
78
77
1
3
0
2,422
52 020
10, 743
21 2
44
105
48, 592
14
14
0
2,423
52 081
10, 545
20 6
41
197
O
1
1
5
5
0
o
5
5
0
11
4
4
0
0
0
0
0
0
0
o
o
o
o
o
0
7
0
o
4
4
6
o
0
0
0
0
38
38
12
11
1
22
22
52
52
o
57
57
51
51
Q
o
51
48
3
57
57
0
12
2,885
1 578
18
9,474
7 246
35
2,794
35
38
5, 264
319
36
5,673
1 867
26
2,787
1,181
24
5, 148
3,751
ELECTRIC TRUCKS AND TRACTORS
Shipments, industrial, total
Domestic
Exports
- number _
number
number
60
58
2
12
12
25
5, 930
] 406
18
39,179
36 733
o
o
o
o
o
SHIPBUILDING
United States:
Merchant vessels:
Under construction.. _thous. of gross tons._
Complcled during mouth .total gross tons..
Steel
total gross tons
World (quarterly) :
Launched:
Number
ships
Tonnage...thous. of gross tons
Under constru ction :
Number
_
._
ships
Tonnage
thous. of gross tons
18
7, 698
5 888
14
41, 213
58
213
55
93
83
78
90
132
203
766
232
741
209
732
216
757
CANADIAN STATISTICS
Business indexes:*
Physical volume of business
1926=100..
85.5
75.8
72.6
Industrial production, total
1926= 100..
83.9
71.8
67.7
Construction
1926 = 100
37 3
39 4
19 5
Electric power
.
1926=100..
158.1
134.4
131.3
Manufacturing
.1926=100
86 2
72 3
70 2
Forestry _
.
1926-100
87 2
60 0
65 8
Mining
1926=100..
99.2
86.4
90.5
Distribution1926=100
89 9
86 1
86 9
Carloadiugs
1926—100
62 9
60 1
58 4
Exports (volume)
1926=100
58 3
47 3
47 5
Imports (volume)
1926=100
77.4
70 6
59 8
Trade employment
1926—100
112 8
111 6
113 4
Agricultural marketing
1926=100
62 3
41 8
69*1
Grain marketings.1926=100..
36.7
59.5
56.6
Li vestock marketings
1926 = 100. _
65.2
74.5
70.3
Commodity prices:
Cost of living index f
__ 1926 =100..
79.9
78.1
79.5
Wholesale price index
1926= 100..
68.7
64.7
64.0
Employment, total (first of month). 1926= 100. _
91.3
83.2
84.7
Construction and maintenance 1926=100..
94.6
77.9
67.6
Manufacturing
_
1926=100..
86.5
81.7
80.3
Mining
1926=100
101 2
109.7
99 9
Service...
1926=100..
107.9
106.5
103.7
Trade
1926= 100..
115.4
115.6
117.8
Transportation
_
1926=100..
81.4
84.5
83.9
° Revised.
* New series. For earlier data see p, 18 of the'February 1933 issue.
§ Data revised for 1932. For revisions see p. 55 of the June 1933 issue.
t Data revised for 1932-33. Revisions for 1932, see p. 55 of the November
68.1
62.2
25 2
131.6
62 2
63 4
80.5
84 3
56* 1
56 6
52 4
111 5
56 1
52.5
71.9
67.0
60.9
20 3
136.1
58 7
59 8
94.2
83 8
57 9
49 6
50 8
110 9
76 5
75.9
79.4
68.4
62.5
16 1
134! 4
62 7
60 7
9L4
84 8
61 8
51 1
50 0
110 5
129 0
140.2
77.8
69.8
65.1
20 6
134.9
67 0
63 7
8L9
82 9
59 4
47 9
44 2
110 1
104 1
109.7
79.2
76.4
72.7
14 1
138.9
77 4
75 7
97.8
86 7
go 9
66 6
54 8
110 3
95 4
98.3
82.5
79.1
63.9
78.5
58.5
74.4
96 9
102.2
119.6
78.3
78.4
63.6
77.0
56.2
75.0
94 0
104.2
109.4
75.0
77.8
64.4
76.9
56.5
75.8
94 6
102.9
107.3
74.1
78.1
65.4
76.0
54.7
76.0
91 4
102.5
107.6
74.2
77.0
66.9
77.6
60.8
76.8
89 9
99! 9
108.6
78.9
1933 issue
no. 6
88.2
87.4
42.6
148.8
87.9
86.2
117.7
on- 5
«U
85-8
67 6
89.8
89.5
25 5
168.0
96.9
94 0
99.0
90.5
67 9
65.1
65.0
112.7
197.2
224.6
74.5
90.8
90.2
26.9
148.9
07.0
65 3
56 7
112 2
221 9
252.5
84.8
84.1
82.6
34.0
160.7
88.2
87 0
81.0
88 4
62* 6
71 5
59 7
111 9
136 3
148.5
81.2
77.0
67.6
80.7
67.8
80.0
77.2
70.5
84.5
78.2
83.0
78.6
69.4
87.1
88.4
85.2
78.8
68.9
88.5
88.4
86.8
106.2
109.1
79.0
111.5
111.8
80.5
82.2
79.8
19 6
149.0
85 7
79 2
99.0
88 9
fifi o
Q1 A
no i
Q7 4.
go. 0
108-8
70- o
114-8
101' •*•
106-2
78- °
:
rnn A
111.8 " 113.8
110.5
111.8
81.2
82.5
fi9 ft
n
liq
A
n
70 5
70.0
72.5
77.9
67.9
90.4
97.0
86.7
i n^ R
108.1
115.0
82.7
56
SURVEY OF CURRENT BUSINESS
1933
Monthly statistics through December 1931, 1933
together with explanatory footnotes and references to the sources of the data, may be found Novem- Novem- Decemin the 1932 Annual Supplement to the Survey
January Februber
ber
ber
ary
January 1934
1933
March
April
May
June
July
August Septem- October
ber
CANADIAN STATISTICS—Continued
Finance:
Banking:
Bank debits
mills, of dolls..
Exchange. (See Finance.)
Interest rates
- ...
1926=100..
Commercial failures*
number .
Life insurance, sales of ordinary life (14 cos.)t
thous. of dolls. .
Security issues and prices:
New bond issues, total
thous. of dolls..
Corporation
thous. of dolls..
Dominion and provincial
thous. of dolls..
Municipal
thous. of dolls. _
Railways _ _
thous. of dolls. .
Bond yields
percent-Common stock prices, total
1926=100-.
Banks
1926= 100Industrials
1926=100
Utilities
1926=100—
Foreign trade:
Exports
thous. of dolls..
Imports
thous of dolls
Exports, volume:
Automobiles. (See Transportation Equip.)
Newsprint. (See Paper and Paper Products.)
Wheat
thous of bu
Wheat
flour
thous. of bbl
Trade with U.S. (See Foreign Trade.)
Railway statistics:
Carloadings
thous of cars
Financial results:
Operating revenues...
thous. of dolls-.
Operating expenses _ _ thous. of dolls
Operating income
thous. of dolls.Operating results:
Freight carried 1 mile
mills, of tons .
Passengers carried 1 mile
mills, of passengers,.
Commodity statistics:
Production:
Automobiles. (See Transportation Equip.)
Electrical energy, central stations
mills, of kw-hrs..
Pig iron
thous. of long tons
Steel ingots and castings
thous. of long tons..
Livestock, inspected slaughter:
Cattle and calves
thous. of animals..
Swine
thous. of animals-.
Sheep and lambs
thous. of animals..
Newsprint. (See Paper and Paper Products.)
Silver. (See Finance.)
Wheat, visible supply. (See Foodstuffs.)
Wheat
flour
thous. of bbl
2,837
2,466
2,085
1,969
1,830
1,887
1,877
2,650
2,982
3,528
2,649
2,457
2,823
97.3
102.3
229
102.7
196
99.2
216
98.7
214
100.0
192
101.3
184
98.1
175
97.1
158
96.7
142
95.0
150
95.8
155
94 6
144
34, 185
34, 003
33, 483
29, 367
26, 323
29, 763
29, 770
30, 497
32, 398
30, 255
27, 263
25, 381
31, 472
6,805
1,575
45, 094
825
178
0
19, 987
0
425
0
731
625
10, 707
0
11, 173
485
122, 892
1,110
74, 958
0
94, 790
500
486
0
225, 759
90
5,000
230
0
4.66
73.7
67.5
109 6
45.2
35, 000
9,269
0
4.90
53.4
69.6
62.5
46.6
0
178
0
4.92
51.3
67.5
58.4
45.1
19, 000
987
0
4.75
51.6
67.5
59.6
44.6
0
425
0
4.73
47.6
65.5
56.3
38.6
0
106
0
4.79
47.3
62.3
57.3
38.2
0
10, 707
0
4.85
51.9
59.8
67.5
38.5
7,815
2,873
0
4.70
63.7
64.6
85.8
47.2
117,474
4,308
0
4.65
74.7
72.7
103.6
53.8
68, 350
5,608
1,000
4.63
83.3
79.6
118 3
58.5
80, 000
14 290
0
4.55
78.7
75.2
113 3
53 9
0
486
0
4.59
78.4
74.0
115 1
50 7
225, 000
669
60, 926
43 712
46, 621
37 769
43, 109
28, 961
32, 000
24. 441
26, 814
23, 514
37, 161
32, 851
20, 312
20, 457
46, 109
32, 927
46, 472
33, 619
51 866
35 738
45, 135
38 747
58 329
38 698
a 41 Q7Q
23 144
548
27 302
577
27, 736
492
14, 707
397
10, 922
333
14, 816
490
4,460
234
21, 465
565
16, 999
545
16 374
493
8 653
480
19 666
553
23 306
514
222
153
134
133
157
138
161
176
163
186
202
21, 902
19, 434
1,904
17, 643
18, 528
d
1, 813
16, 788
17, 881
d
2,073
20, 612
19, 161
520
19, 530
18, 072
351
21, 447
19, 298
1,136
24, 310
20, 344
3,071
23, 713
20, 709
2,103
23, 730
21, 144
1,679
1,740
1,388
1,302
1,712
1,413
1,529
2,133
1,735
1,752
2 103
90
130
95
88
97
105
100
141
145
145
136
1,448
14
1,433
27
1,397
29
1,300
6
1,371
0
« 1, 297
0
« 1, 350
0
1,371
1
1,443
32
1,508
35
1,489
31
60 760
25 872
19 829
5 111
2,181
1,703
30
193
24, 276
19, 308
4,057
201
o
4.53
70.4
70.9
100 1
45 9
° 1, 618
27
43
37
31
41
12
11
12
23
32
49
49
38
48
100
277
84
80
250
119
60
268
49
71
247
49
65
220
36
89
250
42
97
232
30
116
279
30
91
235
56
88
191
72
99
187
101
101
195
148
108
235
182
1,827
1,943
1,010
859
845
1,005
1,013
1,334
1,186
1,323
1 444
1 393
1 651
* New series. For earlier data see p. 20 of the October 1933 issue.
t Figures published January 1932 to date not comparable with data in the Annual Supplement.
d
a
Deficit.
Revised.
CHANGES IN STATISTICAL SERIES MADE SINCE PUBLICATION OF THE 1932 ANNUAL SUPPLEMENT
Since the publication of the 1932 Annual Supplement, many series have been added to or dropped from the Survey in the regular semiannual revisions that have been
made with the June and December issues. A record of the changes made in the December 1932 and June 1933 issues may be found on p. 56 of each monthly number from
June 1933 to November 1933,* inclusive. This record has been dropped from the current issue since sufficient space is not available to show them. Changes in the statistical series which have been made in the December 1933 issue are listed below.
DATA ADDED
Page
Purchasing power of the dollar
24
Highway construction under the National Industrial Recovery Act
25
Home Loan Bank, loans outstanding
25
H. L. Green Co., Inc., stores and sales
26
Pittsburgh employment index
28
Pittsburgh pay-roll index
29
Construction wage rates (E.N.R.)
30
Reconstruction Finance Corporation, loans outstanding
32
Cellulose plastic products, production and shipments of nitro cellulose and cellulose acetate
Sheets, rods, and tubes
38
U.S. Steel Corp., shipments of finished products-. 47
DATA DROPPED
Page
Paper board, production and shipments
-- 50
New orders index
23
Unfilled orders index
23
Federal-aid highway, work approved for construction and balance of Federal-aid funds available
for new construction (new work now paid for by
funds appropriated under N.I.R.A.)...
25
Building cost index of electric light and power construction (Rickey}
25
Building material costs, frame arid brick house
25
F. and W. Grand stores and sales (merged with
H. L. Green Co., Inc.)
26
Isaac Silver & Bros, stores and sales (merged with
Explosives, production, shipments, and stocks
36
DATA DROPPED— Continued
Page
Animal glues, production and stocks__________. 36
Pyroxylin products production and shipments of
sheets, rods, and tubes____________....._________38
Gray iron castings, orders, production, receipts,"""
and stocks______________________________________45
Plumbers woodwork, orders, shipments, and stocks 46
U.S. Steel Corp., unfilled orders__________________47
Fabricated structural steel, orders and shipments
with percent of capacity________________________47
E lectric hoists, orders and shipments _______ ...... 47
Illuminating glassware, percent of full operation of
orders, production and shipments_______________52
Carded sales yarn, all series____........ ......... .. 53
NOTE.— The following footnotes apply to the table on page 20:
i Sources of original data: Composite business index, New York Times; composite business index, Business Week, McGraw-Hill Publishing Co.; Fisher's wholesale
price index, The Index Number Syndicate; Department of Labor's wholesale price index, U.S. Department of Labor, Bureau of Labor Statistics; construction contract awards,
F. W. Dodge Corporation; freight-car loadings, American Railway Association; bank debits, deposits, loans and money in circulation, Federal Reserve Board; commercial fail-
weekly average for 1928-30.
2
The actual week does not always end on the same day. Earlier data will be found on p. 20 of the July 1932 issue with the exception of the New York Times index,
Department of Labor wholesale price index, automobile production index, and the indexes of receipts of livestock. The livestock indexes have been revised and the data
here shown are not a continuation of the indexes previously published. For the other three series, the data for earlier periods have not been shown in the Survey.
1933 indexes are based on reports from 90 cities since the banking holiday. Earlier data cover 101 cities.
* Data not available. Omission of financial data in March 1933 was the result of the banking holiday.
INDEX TO MONTHLY BUSINESS STATISTICS
Page
Abrasive paper and cloth
50
Acceptances, bankers'
30
Accessories, automobile
54
Advertising, magazine, newspaper, radio
25,26
Africa, United States trade with
34
Agricultural wages, loans
30
Air-conditioning equipment
47
Air mail...
_
26
Airplanes
35,54
Alcohol, denatured, ethyl, rnethanol.
36
Aluminum
.
48
Animal fats, greases
.
37
Anthracite industry
22,29,42
Apparel, wearing
29,52
Argentina, United States trade with; exchange; flaxseed stocks
32,34,38
Asia, United States trade with
34
Asphalt
_
43
Automobiles
_. 22,27,28,29,54
Babbitt metal
48
Bank suspensions
31
Barley
__
_
40
Bathroom fixtures
46
Beef and veal
41
Bituminous coal..
_
22,28,29,42
Boiler and boiler
fittings
46
Bonds, prices, sales, value, yields
33
Book publication
50
Boxes, paper, shipping .
50
Brass
.
_ - 49
Brazil, coffee; exchange; United States trade
with
_
32,34,41
Brick
52
Brokers' loans
30
Bronze
49
Building contracts awarded
24,25
Building costs
25
Building materials
24,44,46,47
Business activity index (Annalist)
22
Business failures
31
Butter
39
Canadian statistics
55,56
Candy
42
Canal traffic.,
35
Capital issues
32,33
Carloadings
.. 22,35
Cattle and calves.41
Cellulose plastic products
38
Cement
22,27,29,52
Chain-store sales...
26,27
Cheese
39
Chile, exchange; United States trade with... 32,34
Cigars and cigarettes
42
Civil-service employees
28
Clay products
23,24,27,28, 29,52
Clothing
_
24,25, 27,28, 29, 52
Coal
22,28,29,42
Cocoa
41
Coffee
23,41
Coke
_43
Collections, electrical trade
26
Commercial paper
30
Communications
36
Construction:
Contracts awarded, indexes. . ...
24
Costs
_
25
Highways
_
25
Wage rates
.
_
30
Copper
48
Copper wire cloth ^
49
Copra and coconut oil
37
Corn
_
_
40
Cost-of-living index
_.
23
Cotton, raw and manufactures
23,52
Cottonseed, cake and meal, oil
37
Crops
,
23,38,39,40,53
Dairy products
23,39
Debits, bank
30
Debt, United States Government
„
32
Delaware, employment, pay rolls
28,29
Department-store sales and stocks
27
Deposits, bank
30,31
Disputes, labor
_
_
29
Dividend payments
.
33
Douglas
fir
45
Earnings, factory
29,30
Eggs
___
23,41
Electric power, production, sales, revenues.. 22,38
Electrical energy, consumption index
22,23
Electrical equipment
49
Electric railways
35
Employment:
Cities and States
_
28
Factory, Federal Reserve Board indexes-. 27,28
Nonmanufacturing
28
Miscellaneous data
28
Emigration
35
Enameled ware
46
Engineering construction
25
England, exchange; United States trade with. 32,34
Exchange rates, foreign
31
Expenditures, United States Government
32
Explosives
36
Exports
34
Factory employment, pay rolls, operations-.
27,
28,29,30
Page
Factory operations, proportion of full time
worked
.
28
Failures, bank; commercial _
31
Fairchild retail price index__
„
24
Fares, street railways..
35
Farm employees
28
Farm prices, index
..
23
Federal Government,
finances
„__
32
Federal-aid highways
.
,_
._ 25,28
Federal Reserve banks condition of
30
Federal Reserve member bank statistics
30
Fertilizers
.
36
Fire-extinguishing equipment
54
Fire losses
.
25
Fish andfishoils
_ ..,
... 37,42
Flaxseed
38
Flooring, oak, maple, beech, and birch
44
Flour, wheat
40
Food products
. 22,23,27,28,29,39,40,41,42
Footwear
44,51
Foreign trade, indexes, values
34
Foundry equipment
47
France, exchange; United States trade with. 32,34
Freight cars (equipment)
27,54,55
Freight carloadings, cars, indexes
,
35
Freight-car surplus.
__
35
Fruits
.__
23,39
Fuel equipment
48
Fuels..
.
42,43
Furniture
45,47
Gas, customers, sales, revenues.
39
Gas and fuel oils.
43
Gasoline...
.
43
General Motors sales
54
Glass and glassware
22,27,28,29,52
Gloves and mittens
.
44
Gold
_
32
Goods in warehouses
26
Grains
__
_ 23,24,40
Gypsum
,
52
Hardwoods
44, 45
Heels, rubber
„___
51
Hides and skina
...
44
Hogs
__
41,44
Home Loan Bank, loans outstanding
25
Hosiery
52
Hotels
28,29,35
Housing „
23,25
Illinois, employees, factory earnings
28, 29,30
Imports
34
Income-tax receipts
32
Incorporations, business
26
Industrial production, indexes
22
Installment sales, New England
__
27
Insurance, life
31
Interest payments
33
Interest rates
30
Investments, Federal Reserve member banks
30
Iron, ore; crude; manufactures
22,46
Italy, exchange; United States trade with... 32,34
Japan, exchange; United States trade with.. 32,34
Kerosene
43
Labor turnover, disputes
29
Lamb and mutton
41,44
Lard
_
_
41
Lead.
.
48
Leather
22, 23, 24, 25, 26,27,28,29,44
Leather, artificial
54
Liberty bonds
33
Linseed oil, cake, and meal
38
Livestock
23,40,41,44
Loans, agricultural, brokers', time
25,30
Locomotives
55
Looms, woolen, activity
53
Lubricating oil
43
Lumber
22,23,24,27,28,29,44,45
Lumber yards, sales, stocks
..
44
Machine activity, cotton, silk, wool
53
Machinery
25,26,27,28,29,34,47,48
Machine tools, orders, shipments
48
Magazine advertising
25,26
Manufacturing indexes
.
22
Marketings, agricultural, forest products
23
Maryland, employment, pay rolls
28, 29
Massachusetts, employment, pay rolls
28, 29
Meats
40,41
Metals
22,23,27,28,29,45,46,47,48,49
Methanol
36
Mexico:
Petroleum production and exports
43
Silver production
32
United States trade with
34
Milk
39
Minerals...
_
_
22,42,43,48,49
Money in circulation
32
National Industrial Recovery Act, highway
construction
25
Naval stores
23,37
Netherlands, exchange
,
32
New Jersey, employment, pay rolls
28,29
Newsprint
50
New York, employment, pay rolls, canal
traffic
28,29,35
New York Stock Exchange
30,33
Notes in circulation
30
Oats
_
_
._
40
Oceania; United States trade with..
34
Page
Ohio employment........_-.-..-.-....._.
'28
Ohio River traffic.—
35
Oils and fats
37,38
Oleomargarine.._............»........... 37,38
Paints
_,.
38
Passengers, street railways; Pullman,.,,.,, 35,36
Passports issued...-„.....-. ' . . . . . . . 35
.._....
Paper and pulp
22,23,24,27,28,29,49,50
Pay rolls:
Factory, Federal Reserve Board....
29
Factory, by cities and States
.........
29
Nonmanufacturing industries... . . . . 29
...
Pennsylvania, employment, pay rolls
... 28,29
Petroleum and products..
22,27,28,29,43
Pig iron
,_,
22,46
Pork___
41
Postal business..
..........
. . . . . . . . . . 26
Postal savings
. .
. . . . ,31
...
Poultry
.
23,41
Prices:
Cost of living, indexes
23
Farm, indexes. ........._,.......-.—
23
Retail, indexes*
. .....
....
23,24
Wholesale, indexes...
24
World, foodstuffs and raw material.,,
24
Printing
...
..
50
Production, industrial
.
. ... 22
Profits, corporation.__,
_.......-_..-...
33
Public
finance
'.
32
Public utilities
28,29,34,35,38,39
Pullman Co *
. .
. . . :36
..
Pumps
..........„._, .. . . - . .
.. ,.
48.
Purchasing power of the dollar....... ...
24
Radiators
. .
. . . . . 46
..
Radio, advertising
. . . . . . . . . 2S
.
.......
Railroads; operations; equipment; financial
statistics.,.
___;
.... 35,54,55
Railways, street
,
35
Rayon
. . . . . . . . . . . 53
.........
Real-estate market activity.
25
Reconstruction Finance Corporation, loans
outstanding.,
. . ......_...,..—.- 32
.
Registrations, automobiles........
..—
54
Rents, index......!
.
.....
. . . . . 23
Retail trade:
Chain stores:
5-and-10.....
-T-
26,27
Grocery
.____.
..... . . .
. . . . . . . 27
Restaurant.......................... 27
Department stores
.
. ....... 27
Mail order.....
.. .—.......... 27
Roofing .
. . .....—..—- 38
..
Rice
40
Rubber, crude; scrap; clothing; footwear;
tires..
22,23,24,27,28,29,51
Rye
40
Sanitary ware
. . . . . . 46,47
.....
Savings deposits .
. . . . . . 30,31
... ..
t
Sheep and lambs . . .
...
; '... ..—.
41
Shoes.__
22,24,25,26,27,28,29,44
Shipbuilding
22,27,28,29,55
Silk
_.
1..I.. 23153
Silver
^
22,32
Skins
44
Softwoods
.
45
Spain, exchange... . . . ...—..—.. 32
..
Spindle activity, cotton..................
53
Steel, crude; manufactures......—.
22,47
Stockholders
...
...
. . . . 34
...
Stock indexes, domestic and world.........
23
Stocks, department stores..
...
. . 27
.
Stocks, issues, prices, sales, yields
33,34
Stone, clay and glass products... .. 22,23,28,52
Sugar
_.
23,42
Sulphur
................--_-.'.'..., 36
Sulphuric acid
.—
. . . . 36
...
Superphosphate...
._ . . . . . . .
. . . . . . . 36
Tea.......
23,42
Telephones and telegraphs
..
. . 36
Terneplate
..
. .
. . . 47
...
Terra cotta
..
.52
Textiles, miscellaneous products..
...
54
Tile
,
52
Timber
. . . . 45
.. ..
Tin and terne plate...
..
.... 23,47,48
Tires._
22,24,27,28,29,51
Tobacco
22,25,26,27,28,29,42
Tools, machine
.
. . 48
.
Trade-unions, employment... ..........
28
Travel.
35i36
Trucks and tractors, industrial electric
55
United Kingdom, exchange; United States
trade with
.
32,34
Uruguay, exchange.
.... ............ 32
United States Steel Corporation
30,34,47
Utilities.
28,29,34,35,38,39,54,55
Vegetable oils
37,38
Vegetables
23,39
Wages
29,30
Warehouses, space occupied.—„•—........
26
Waterway traffic.
.
. . . . . 35
...
Wheat and
flour
23,40
Wholesale prices.,
.
. ..... 24
Wisconsin, employment; payrolls....—.. 28,29
Wood pulp
49,50
Wool
22,23,53
Zinc
22,49
MERCHANDISING FACTS FOR PROFITS
-*'-, >1
DOMESTIC COMMERCE
UNITED STATES DEPARTMENT OF COMMERCE
Bureau of Foreign and Domestic Commerce
Washington, D.C.
A CURRENT DIGEST
Presenting facts in practical form for use by advertising and sales executives, by research and
trade association men, and by individual merchants in keeping abreast of merchandising progress
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GOVERNMENT RESEARCH: Reports currently on merchandising research and related
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the more importantfindings.\
PRIVATE RESEARCH: Reviews in each Issue the more important private research activities
in the merchandising field, and outstanding publications on a variety of marketing subjects.
TESTED^ TRADE EXPERIENCE: Tells how individual merchants and manufacturers
have solved some of their distribution problems and improved the effectiveness or profitableness of their operations; describes novel trade promotion ideas and calls attention to significant
trends in important fields of merchandising.
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^
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. G O V E R N M E N T P R I N T I N G O F F I C E : 1934
