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JULY, 1931

SURVEY
OF

CURRENT BUSINESS

UNITED STATES
DEPARTMENT OF COMMERCE
BUREAU OF FOREIGN AND DOMESTIC COMMERCE




WASHINGTON
VOLUME II

NUMBER 7

CLEARING HOUSE OF BUSINESS STATISTICS




NUMBER OF AGENCBES CONTfflBUTiHQ DATA
GOVERNMENT DEPARTMENTS AND BUREAUS
TRADE ASSOCIATIONS AND OTHER ORGANIZATIONS

TEXTILES

FUELS

' AUTOMOBILES CHIDES &
& RUBBER \ LEATHER

PAPER 6

BUILDING 6

SURVEY OF CURRENT BUSINESS
A DIGEST OF BUSINESS STATISTICS
S©OO BUSINESSFROM
MOVEMENTS
4.5 GOVERNMENTAL
AGENCIES
AND
1SO ASSOCIATIONS ANO PRIVATE FIRMS

ANNUAL
SUPPLEMENT

WEEKLY
SUPPLEMENT

WEEKLY
PRESS
RELEASES

MONTHLY
IMBUSTRUL
RELEASES

HOWTGUSC
BUSINESS
STATISTICS

BUSINESS PUBLIC
DD6CO-> I S

Volume 11

JULY, 1931

Number 7

W E E K L Y D A T A T H R O U G H J U N E 20, 1 9 3 1
MONTHLY DATA THROUGH MAY

SURVEY OF
CURRENT BUSINESS
P U B L I S H E D BY

UNITED

STATES

DEPARTMENT OF

COMMERCE

WASHINGTON

CONTENTS
Page

Monthly business indicators
Business situation summarized
Commodity prices
1931 in comparison
Finance
Employment
Domestic trade
Foreign trade
Transportation
Construction
_

2
3
4
6
7
8
9
10
11
12

Agriculture
Iron and steel industry

13
14

Metals and metal products
Automobile and rubber industries
Textiles industry
Food industries
Forest products industry
Miscellaneous industries
New and revised series
Weekly business statistics
Monthly business statistics

15
16
17
18
19
20
21
22
23

Subscription price of the SURVEY OF CURRENT BUSINESS is $1.50 a year which includes the 12 monthly numbers, the annual supplement, and the 52 weekly supplements; single copies (monthly), 10 cents; annual supplement, 25 cents. Foreign subscriptions, $2.50;
single copies (monthly issues), including postage, 14 cents; annual supplement, 36 cents. Make remittances only to Superintendent
•of Documents, Washington, D. C., by postal money order, express order, or New York draft. Currency at sender's risk. Postage
stamps or foreign money not accepted
62995—31




1

SURVEY OF CURRENT BUSINESS

[July, 1931

Monthly Business Indicators
1923-1925=100

INDUSTRIAL PRODUCTION

INDUSTRIAL PRODUCTION

140

140

I 20

120,

100

FACTORY EMPLOYMENT

FACTORY PAYROLLS

120

I25r

100

A&JL/STfD*

100

| -75 I ! I 1 I I ! I I M I I I I I I I 1 1 I I I I I I I I U I I I I I I . I I I I I I I I I 1 I M T I ° l ! I I I I I

TOTAL FREIGHTtAR LOADINGS

130

CAR LOADINGS L.C.L
120

100

70^

DEPARTMENT STORE SALES

ezo

WHOLESALE PRICES

120

160
140

100
60 U

60 u-u-

VALUE OF EXPORTS

150

^

100

50
ZOO

VALUE OF IMPORTS

150

100

BANK DEBITS OUTSIDE NEW YORK CITY

150

BUILDING CONTRACTS AWARDED

zoo
150

V

100

100

50

1927

1923 • I 9 E 9

1930

* ADJUSTMENT FOR NUMBER OF WORKING DAYS AND SEASONAL



1931
VARIATION

1927

1926

1929

1930

1931

SURVEY OF CURRENT BUSINESS

July, 1931]

Business Situation Summarized
HE decline of slightly more than seasonal proportions in the volume of business which set in early
in May continued during the rest of the month with
the result that general business activity during the
month, after allowing for normal seasonal changes, fell
back to a level approximating that of March. The
Federal Reserve Board's seasonally adjusted index of
industrial production registered a relatively slight decline for the month, and showed production somewhat
more than 8 per cent above that of January. A decline of more than 6 per cent in the adjusted index of
mineral production accounted entirely for the drop.
Among the basic manufacturing industries the only
one which showed a decline greater-than-seasonal was
that of iron and steel in which the adjusted index of
output fell about 4 per cent. Production of automobiles, if adjusted for seasonal trend, showed no change
as compared with April output. Cotton textile production continued on the April level and has shown no
material change during the first half of June. Other
textile industries maintained or exceeded their April
activity. The adjusted index of production in the
foodstuffs industry, after having virtually reached its

T

level of a year ago in April, fell back again last month
by more than 5 per cent.
One of the more unfavorable factors in the general business situation for Mavis thedrop of nearly 10 per centin
contracts awarded in the building-construction industry.
The decline which had characterized the industry in
April in the face of a usual seasonal increase continued
during May, but the first half of June showed some slight
improvement. Total freight-car loadings, adjusted for
normal seasonal changes, fell slightly below the April
loadings, but the significant item of less-than-car-load
shipments showed a slight seasonal gain over April.
Department-store sales during May, if adjusted for
normal seasonal changes and for variations in the
month's total business days, fell more than 10 per cent
below those of April but only slightly below those of
March.
Our foreign trade during May fell to a new monthly
low level for the depression. The drop was influenced
by continued price declines and, in the case of exports,
by seasonal factors. Wholesale prices fell in May
by 2.7 per cent, but the rate of decline was somewhat
retarded during the first half of June.

CB
3

T?

ce

1

fl
P

«tn

'5s

««.S

°*3
eS

95

T3
9

fa

f^t

a

|c
ts

0>
fi

~

g

Merchandise, 1. c. 1.

Total

fi
p
fc

<

03

Q>

"S
P

•e
«

T3
«

•a

aa
9
3
<

f
P

T3
»
te

3

*t3

I

<

pW

'O

-2
as
1
<

!

«

<*

•w

1

ix
W

all

i

•0

Building
contracts,
types, value

t
>>

SB

Year and month

i

New

si *n 1
;iji

i
•d

Foreign
trade,
value

Department
store sales,
value

Freight car loadings

Banks

emIndustrial produc- Factory
ployment
tion
and pay rolls

debits outside
York City

MONTHLY BUSINESS INDEXES
Wholesale prices

124 \

1930

1931

-




1

95.8

102.2

92,5

i
i

365

89. 1
86.8
84.0
84.0
84.2
82.6
80.4
78.4

93.0
88.9
83. 1
84.9
85.3
82.6
79.3
75.2

87.5
85.7
84.3
83.3
82.8
81.5
80.1
79.0

97
98
97
106
95

66
59
62
57
54 |

57
54
65
58
56

110.0
86.6
98.4
99.5
95.6

55
57
90
82
74

77.0
75.5
74.5
73.3
71.3

73.5
70.1
70.6
70.1
67.1

77.8
77.1
75.5
74.2
73.2

110
107
99

117 I
94
60 i

120
92
58

136.0
122.6
98.0

121
99
72

96.8
91.2
74.3

105.1
96.5
70.3

93.0
88.&
75.6

109

109

101

105
98
71

*
i
•

so

83
81
75
74

98
98
95
95
95
93
92
92

103
112
113
165

105
103
100
102
99
102
98
94

84
78
70
79
82
86
76
72

90 !
88
87
92
86

78
78
78
78
78

68
73
75
74
72

74
74
75
77
79

82
80
SO
80
79

83
87
89
91
92

90
89
89
88
89

79
80
92
101
95

101
93
78

108
96
72

101
92
76

107
98
80

104
99
88

104
100
89

100
97
89

82
86
88
90
89

81
86
88
90
90

120
105
87

121
105
87

115
105
89

Adjusted for seasonal variation.

«!
!&

111
146
89
84
81
82
62
61

104

101
98
94
95
99
97
94
86

:

1

143

107

96
93
92
89
87
86
84
84

11

S

3

123.6
124.9
117.5
106.3
107.7
120.1
99.9
117.2

107

97
95
95
96
99
97
86
74

i

|8

134. 4

109

94
91
83

103
100
97
96
94
98
92
94

*O

88
78
68
68
70

111

91
90
87
84
83
82
81

116

105
100
94
91
90
85
84
80

1
3

m

102

126

104
100
95
91
91
87
85
82

siB&

If

££
T3
g§
5|

Monthly average
1926 = 100

Monthly average 1923-1925=100
2929: May
.
.
1930:
May
June
. -.
July
August
September _. October
November _
- December
1931:
January
- February..- _ _ - ...
March
- April.
. . - __ .
May
Monthly average, January
through May:
1929

i
gs
11

j
i
!!

2 Adjusted for number of working days.

SURVEY OF CURRENT BUSINESS

[July, 1931

Commodity Prices
WHOLESALE PRICES AND COST OF LIVING
120

l 20

MONTHLY AVERAGl ' 1926^100

r

l l 0 •• '

1 10

X'xJ

^:J~
^ '""j "

-^^N

»v, +J

|QQ

00

J

^

s^

/

^
rj

"N

y

FARM PRODUCTS
sJ~>* •~v^^

^

i

. ..'
1
"-- FOODS
i_i_i

|

-t 1"

100

•X
*

~' -^,

rs

i

80

90

^H
-7^ \. -\'i\

^ QTHE R rHA N FA/ ?M
A!\ Of "ODDS
PRQLJVC

80
V
S

70

60

110

l

^,s

70

^=

vj F M A ' M j J A
I9 £ 7

S 0 N D J

F'MAMJJAS
9 Z8

9 e9

MONTHLY AVERSE 1 9?6 = /W

inn - --- - * -

u.

60

s
_

\

ss

,

,s
s

1
1926

1929

1

iI

1 -L

s

70
•I'D

too

**s

^ COJ^ Cf LIMN6

1

I

Hi

1

90

1

1

50

j

s

J T W A M J . A SOJh D J F M A M1 J J A S 0

1 10

n
i
,-U

7 1TAL 550 i OMMODim

"

K)

1931

,7T4-H1 tm

J^L

60

3 J F M A M J J A S 0 ND

1930
MONTH!"/AVERAGE 1923=100

•»••*
C

J'FMAMJJAS'O'N

0 N D J F M A M J J A S 0 ND

S

J
>

70

i

!
! ;
! !
!
!
:
!
J'F'M'A M j'j A - 5 O N i) J F ^ A M' J<J 'A s'o'N'D J F'MA'M'J J A 5'0 N D J F M A A1J J A 50 N ] D
1930
1931
I9Z8
1 929

j F M'A'M j j A s'o N c J F M'A'M J J A 5 0 ' N I )
133!
1 930

INDEXES OF COMMODITY PRICES
Wholesale i

z*
11
' a

^ S2

si|

i_i

V

«i
1

g§ -1
pfl-S

a«5§ a
w
1
0»0 0"

if

S3
'•£
a
J£

«j
CJ
3

•dS

-w «

203

Year and month

SI
££ 1
•d
OA

13
O

o
^

9
S?

Sa
o

go

s

IV

-d
S

1

A
y>

3

1

'

3«
0!

1 i? i
•s^ i!*S •

1o

•33

ll
•3*
&

*

%

:
1

(

ts

"2
S

S

C

:

*

i 3"^

•iS

bfi

.S
2

" 8M

a
s«

93

£ »

l
a§

05

3
O
&

a
a

c€

1
A

i
o

i

I

B
1
3

1
a

b£

a

C8 5n

G
£

«5
&

a

A
«

£

1

%

T3
O
O

«l

Mo.

aver-

-_-

iz
!1|
?ega

=i
0

1
«

Mo.

aver-

w>
1

Mo.

: aver-

95.8

102. 2

97.7

92.5

106.8

94.2

81.1

105.2

96.8

94.2

96.7

79.6

95.3

95.1

96.4

153

98.9 !

89.1
86 8
84.0
84.0
84.2
82.6
80.4
78.4

93.0
88 9
83.1
84.9
85.3
82.6
79 3
75.2

92.0
90. 5
86.3
87.1
89.2
88.6
85.7
81.8

87.5
85.7
84.3
83.3
82.8
81.5
80.1
79.0

102.6
102.4
100.7
98.9
99. 1
96. 5
94.0
91.2

84.6
82.2
80.0
77. 7
75.5
73.8
73.3
72.4

78.0
76.4
75. 4
75.4
76.3
75.1
71.8
70. 5

96.8
95.4
94.3
92.7
91.8
90.4
90.2
90.0

92.9
90.0
88.9
87.4
86.4
85.8
85.6
84.4

89.9
88.9
87.8
87.3
86.6
86.0
85.2
84.8

96.2
96.2
96.2
95.9
95.4
95. 3
95.2
91.3

77.5
74.5
71.7
71.2
69.7
68.8
67.8
66.9

87.8
84.8
81. 1
81.8
82. 1
80. 0
76. 8
74.2

83.6
82.0
79.7
78.1
76.5
75. 5
75.6
74.3

91.0
88.9
86.7
86.4 ;
86.8
85.6 i
83.7
81.9

150
148
144
144
148
144
141
137

97.2
96.5
95.2
94.7
95.4
94.8
93.9
92.6

73.5
70. 1
70.6
70.1
67.1

80.1
77.1
76.7
75.6
72.9

77.8
77. 1
75.6
74.2
73.2

88.6
86.6
87.4
87.3
87.3

71.0
70.4
69.2
67.6
63.3

69.8
69.6
64. 5
61.6
60.9

89 3
88.9
89.0
88.7
87.8

82.9
81.8
81.9
80.9
78.4

83.6
82.2
81.9
80.1
79.1

91.1
90.8
90.8
90.8
89.2

64.7
63.9
64.7
63.9
62.8

72.9
70.6
69.4
68.3
63.5

73.4
72.3
72.2
71.1
68.9

80.5
79.3
78.4
77.1
75.1

133
127
126
124
121

91.1 !
89.6
89.1
88.2 i
86.9 i

94

105. 1
96.5
70.3

98.1
94.6
78.5

93.0
88.9
75.6

109.1
103.5
87.4

95. 7
86.9
68.9

81.2
78.4
65.3

105.2
99.7
88.7

97.5
95.0
81.2

95.3
91.5
31.4

96.6
96.6
90.5

79.9
78.3
64.0

97.6
90.5
69.5

97.2
89.4
71.6

96.4
92.2
78.1

153
99.4 i
152
98.1 !
123 i 89. 0 !

137
128
90

November
December
1931:
77.0
January
75.5
February
74.5
March
73.3
April
71.3
May
Monthly average, January through I
May:
96.8
1929
91.2
1930
. _74.3
1931




CM
O

o

age
age.
age ; 1909,
1913 = 1923 =
to
100 11914 =
100
| 100

Monthly average, 1926=100

1929: May
_
1930:
May
- -.
June
July
August September

Farm 2

Retail

i Department of Labor.

2 Department of Agriculture.

l

!

s National Industrial Conference Board.

!
j

136

!

124
123
111
108

!
!

103
97

!!

;
:

in
106

90
91
91
86

SURVEY OF CURRENT BUSINESS

July, 1931]

Commodity Prices
furnishing goods were 1.8 per cent lower in May, 1931,
than in the preceding month. Rubber prices strengthened somewhat and averaged 3 per cent higher in
May than in April, 1931. Prices of semimanufactured
articles were 3.9 per cent lower in May than in April,
while raw materials and finished products were each
2.6 per cent lower.
Farm prices in the middle of May were 5.5 per cent
lower than in April. The most drastic drop occurred
in poultry products, 14.4 per cent. Dairy products
declined 8.1 per cent between April and May, 1931,
and cotton and cottonseed and meat animals were lower
by 5.1 per cent and 6.6 per cent, respectively. No
change was registered in price of grains. Fruits and
vegetables are the only farm products whose farm prices
are now higher than before the war; other groups
of farm products range from 1 to 38 per cent lower.
Retail prices of foods continued to decline in May,
1931, and on the 15th of the month were about 2.5
per cent lower than on the corresponding date of April.
Of the 42 articles of foods on which regular quotations
are received 35 declined, 3 advanced, and 4 remained
unchanged between April and May, 1931. Retail
prices of foods in Ma}r, 1931, were about 21 per cent
higher than in 1913.

declines in both wholesale commodity
JL prices and retail food prices occurred between April
and May. Prices of commodities at wholesale in May
were only 2.1 per cent above their prewar level. They
declined 2.7 per cent between April and May, one of
the largest declines since the beginning of the downward movement in 1929, and exceeded only by the
drop from June to July, 1930. As compared with July,
1929, the index in May, 1931, was 27.2 per cent lower.
As a result of a drop of 8.8 per cent in livestock
prices and declines in prices of cotton, wool, hay, eggs,
and potatoes, farm products prices fell 4.3 per cent
between April and May, 1931, and in the latter month
averaged 6.2 per cent below 1913. Prices of grains in
May remained at about their April levels. All classes
of foods were lower in May than in April, 1931, and as
a consequence the combined index of all foods declined
3.6 per cent; meat prices declined the most, 6.9 per cent.
Due to considerable price drops in three types of building materials, the group as a whole declined 3.1 per
cent. Nonferrous metals and miscellaneous products
were 6.9 per cent and 1.7 per cent lower, respectively,
in May than in April. Petroleum products declined
4 per cent, chemicals were 1.7 per cent lower, mixed
fertilizers were nearly 1 per cent lower, while house

INDEXES OF WHOLESALE PRICES, BY ECONOMIC CLASSES
120 MONTHLY AVERAGE I92B-IGO

IZO

i i rv

i in

100
?

"•^

X' V

.$
ff

/

*

f* «*» Gran •#
0»^
,•*"

••=

x

Rs W M/ I7£/?/>4/.,S
tf ^^\\ f>!
r

Ei fTr
<**

p£*e

».« ..V FINISHED PRODUCTS

Qf\

c
...3 1

*»
^
^

100
••.

**

^

S

^5^
an

>%

r—4—

*«
V\

\^

\

%
%

80

I

QO

•.^
...

«r

r^

••. .

i"T*3
^

^
^

V
1

1

># i// ~M40 UFALT6 5W:D Af incuE5
\
*7O

/U

'

\

».t

80

*a« ».

•*%

^

*•
X 'a. -^
v
^

^N

»

7n

^

60

50
J I F Ml A M J J A S 0 N D J F M A M J J A 5< 0 N D J FlM A M J J A

I9Z7




1928

1929

s

50
0 N D J F M A M J JIA

930

5 0

NID J F M A M J J A' S 0 N D

1931

6




SURVEY OF CURRENT BUSINESS

[July, 1931

1931 in Comparison
FIRSTS MONTHS
BANK DEBITS

o

!Q3!
1930
1929
1926
1927

V/////////&&

OUTSIDE NEW YORK

so

M M
BOI

loo

CITY

S5o

300

350

//////

/A

!

,

i
!

i

3

-

5

7

1

^ r

\

\

!
ttt/)//////>//
\
\

AUTOMOBILE

1931
1930

4

1000

2000

'//

3000

5000

!
/

I

FREIGHT

i Q ^r\

4000

BRH|USsm

0

IQP Q

Y///////////S/A

PRODUCTION (THOUSANDS OF CARS)

1926
1927

»

7

PRODUCTION (MILLIONS OF TONS)

1929

1 ^ 0 )

6

I

STEEL INOOT

0

1

CONTRACTS AWARDED (BILLIONS OF DOLLARS)

2

1931 £!S5BBd^m
1930
1929
1928
1927

1 QPA

250

1

o

1927

(B/LL10N5 OF DOLLARS)

^oo

|m

CONSTRUCTION

1 Q 0

—

REMAINDER OF YEAR

i0

CAR

z0

LOADINGS
30

(M/LLIONS OF CARS)
40

50

SURVEY OF CURRENT BUSINESS

July, 1931]

Finance
JTIVITY in the financial and security markets
during May continued on virtually the same low
A
level which characterized conditions in April although
since the beginning of June there has been some
improvement. The average of stock prices in May
was 10 per cent below that for April and stock sales
were 14 per cent less. Although security prices
showed a slight advance during the second week of
the month, brokers' loans declined steadily every
week and have continued downward throughout the
first half of June. Since the beginning of the present
month security prices have tended upward and the
market has experienced several days featured by
marked advances in prices and by new high daily
turnovers for the year. Rates on call and time loans
during May touched new low levels for the year and
the call renewal rate on several days touched 1 per
cent, the lowest since last September.
Bond yields showed no change during May as compared with the preceding month and weekly averages
of bondjprices varied only slightly from the beginning
of May]: to the middle of June. New capital issues
were 37 per cent less in May than in April, but the
decline has no particular significance, inasmuch as

bond financing has been on unusually low levels since
the early part of 1930.
The low level of activity during May in both general trade and the security markets is reflected in the
aggregate figure for bank debits. The totals for New
York City, as well as those for the country outside
the large financial center, were somewhat lower in
May than in April. Aggregate bank debits for New
York City have declined slightly more than 30 per
cent since May of last year, while the decline for the
same period in debits outside New York has been
slightly less than 20 per cent. Reporting member
bank loans on securities, as well as commercial loans,
receded somewhat during May and continued slightly
downward during the first half of June.
Total reserve bank credit was further liquidated
during May. The New York reserve bank reduced its
rediscount rate to 1% per cent, the lowest rate on
record for any bank of issue. This step was followed
by rate reductions by nine other reserve banks before
the end of the month.
The Bank of England lowered its rate from 3 to 2%
per cent on May 16. In general, the tendency abroad
on short-term open-market rates was downward.

FINANCE
Rank dAhit*
Bank debits

New Outside
New CanYork York
ada
City
City

Year and month

Reporting member
banks, Wednesday closest to end
Brokers'
of month
loans by
New
York
Memreporting
Total Total Notes ber
baks
"All
in
bank Re- Loans
bills
reTotal end
on other"
of
dis- serve- cirre- serve secuinvest- month
ratio
count- bank cula- serve
loans ments
rities
ed credit tion
accounts

R a n g e of
open market
money rates I j
New York

Condition of Federal reserve
hanks, end of month

Per
cent

Millions of dollars

Prime

commer-

Time
loans,
cial
90-days paper,

4-C

months
MonthMilly
Pei- lions
average ceut
of
1926=
dollars
100

Per cent

Millions of dollars

I
1929: May
193.0:
May
June July
August
September
October
November
December
1931:
January
February
March
April
May

Stock Bond New
prices yields capital
(404)
(60) issues

50, 043

26, 520

4,128

1,068

1,360

1,672

2,288

73.3

7,112 9,090

5,798

5,288

8>2-9

6

187.8

4.69

923

37, 423
37, 690
29, 600
25, 052
27, 383
30, 781
22, 490
29, 001

24. 388
24, 648
23, 171
20, 966
21, 253
23, 693
19, 700
23, 113

3,427
3,398
3,094
3, 802
2, 967
3, 618
2,974
3,012

313
272
200
215
272
207
275
251

1,049
1,018
934
1,025
1, 103
998
1, 079
1,373

1,489
1,424
1,342
1, 374
1,379
1, 368
1, 455
1,664

2, 369
2,389
2 396
2,378
2, 467
2,418
2,373
2, 471

81.4
81.8
83 4
81.1
79.7
82.2
80.3
73.7

8,421
8,435
8,391
8,350
8. 476
8, 065
7, 768
7,814

8,416
8,572
8, 529
8, 416
8,451
8,707
8,766
8,449

5,889

4,022
3,219
3,228
3,110
3,063
2,512
2, 111
1,926

3V4-4
3M-3M
1

4.54
4.53
4 49
4.43
4.41
4.41
4. 46
4.55

864
445
402
122
285
151
138
181

. 24, 557
20, 948
27, 589
28, 821
25, 072

21, 697
17, 084
19, 421
19, 620
18, 858

2, 668
2, 535
2,570
2, 786

232
198
250

980
925
990

1,494
1,478
1, 486

157 1

937

1,535

917

1,580

2,398 82.2
2,343 83.7
2,428 82.6
2, 371 84.0
2,389 84.9

7, 379
7, 313
7, 256
7, 052
6, 867

8,374
8, 151
8, 126
7,941
7,863

4s43
4.44
4.41
4.43
4.93

400
74
69
367
169




174

6, 120
6,291
6, 338
6, 454
6, 731

6,800
6,693

6,843

7, 183
7, 551
7, 903

7,807

1,734
1, 798
1,875
1,730
1,539

2 /2-3M
21-2-3

3*4-3%
3 -31/?
3
3
3
2-K-3
2%-3

170. 5
152. 8
149.3
147.6
148.8
127. 6
116. 7
109.4

1M-2H
3

2M-3
21^-2%
VA
2iA-2y2
2 -2M

112.3
119.8
121.6
109.2
98.0

2^4-2%
2Y2-2H
2l4-2%
2 -2J4
2 -2>£
! 4-2

2

-2*4

1M-2M
li o-2

8

SURVEY OF CURRENT BUSINESS

[July, 1931

Employment
FACTORY employment during May declined less than
the usual seasonal amount so that the seasonally
adjusted index of the Federal Reserve Board advanced
slightly, and the volume of factory pay rolls also
decreased from the April total. Both employment
and pay rolls of the mining and manufacturing industries continued substantially below the levels of last
year.
Increases in the seasonally adjusted employment
indexes were recorded during May by the textiles, food,
paper and printing, automobile, leather, cement, clay
and glass, nonferrous metals, chemicals, petroleum,
and rubber products industries. The iron and steel
and machinery groups recorded decreased employment,
while the lumber and tobacco industries reported the
same level of employment as in April.
Decreases during May in actual number of employees were recorded by the iron and steel, machinery,
textiles, leather, nonferrous metals, and chemicals
groups. Increases during the month of May in actual
number of employees were recorded by the food,
lumber, automobiles, petroleum, rubber products,
tobacco manufactures, and the cement, clay, and
glass groups.
A seasonal decline in employment and volume of
pay rolls was witnessed by retail trade during May,

although the decline in employment from April was
less than that recorded for the same period last year.
The average number of emplcr^ees in retail trade during
the first five months of the year was 7 per cent under
the same period of last year, while pay rolls averaged
9 per cent under last year.
Both employment and pay rolls of power, light, and
water companies increased during May as compared
with April. The index of employment increased by
0.5 per cent, while pay rolls increased by 1.1 per cent.
Both increases are seasonal in nature. On the other
hand, employment in telephone and telegraph companies declined by 0.8 per cent, and pay rolls declined
0.9 per cent. A slight increase in employment is
usually recorded from April to May by these utilities.
The proportion of trade-union members employed
during May was the same as in April, but was 5 per
cent under May, 1930, and 14 per cent under 1929.
The low point in employment of trade-union members
was recorded in January and February.
An increase of 2 cents per hour was reported in the
wages of common labor in road building during May,
bringing the average rate to 37 cents. The average
hourly-wage rate for this type of labor for the first
five months of the year was 4 cents below that during
the same period in 1930 and 2 cents under 1929.

INDEXES OF EMPLOYMENT, PAY ROLLS AND WAGES

!

Year ant! month

Factory employment
F. R. B.
F. It. B.
factory
1 P
?7
rolls,
UK adAd- II n ad- justed
justed' justed j

Bituminous
coal mining
Employment

Pay
rolls

Anthracite
mining
Employment

Monthly average,
1923-1925=100

1929: May
1930:
May
June
_ - ...
July
August
September...
October
November
December
1931:
January .
Februarv
March
\pril

May
Monthly average, January through May;
1929 ...
1930
1931
1

i
Pay
rolls

Employment

Pay
rolls

Telephone
and telegraph
Employment

Pay
rolls

Retail trade

Ein-

rioy-

ment

Employment
agencies,
appliPay 1 cants per
rolls 100 jobs

Number

Monthly average, 1929=100

Employ- Wages,
comment,
mon
trade- labor
in
union
road
membuildbers
ing
Per cent
Cents
of total
members per horn

102. 4

101.9

111.4

9o. 6

91.9

103. 7

99.0

98.4

98. 1

100. 4

99.4

97.3

97.1

126

89.0

40

91.4
89.7
86 6
84.4
83.4
82 2
81. 1
80.1

90.9
88.8
85 5
85. I
80. 4
84.3
81.0
78.8

94. 5
90. 7
82.6
81.7
83. 0
80.8
75. 1
73!"

90.4
88.4
88.0
89.2
90. 5
91.8
92. 5
92.5

77. 5
75. 6
68. 9
71.1
74.9
79.4
79.1
77. 7

93.8
90. 8
91. 6
80. 2
93.8
99. 0
97.2
99. 1

98. 8
94.3
84.0
78.8
91. 6
117.2
98.0
100. 0

103. 4
104. 6
105. 9
106. 4
105. 2
104.8
103. 4
103. 2

104. 5
107.8
106.7
106. 6
106. 1
105. 6
103. 7
106. 3

99.7
99.8
100. 0
98.8
9i. 8
94.5
93. 0
91. 6

103.2
103. 4
106. 6
102. 5
102. 2
100.9
97.9
101.3

96. 7
93.9
89. 0
85 6
92. 0
9x 5
98. 4
115.1

97.3
96. 8
91.7
87.6
92.4
95.1
96. 8
107.7

164
186
198
177
170
193
227
218

80.0
80.0
78.0
78.0
79.0
79.0
78.0
77.0

40
40
40
39
40

78.3
77. 8
77. 9
78.0
77.8

76.4
77. 3
78.1
77.9
77. 1 1

68. 4
73.2
74.9
73.fi
72.1

93. 9
91. 5
88.8
85.9
84.2

73.3
68.3
65. 2
58.6
54.4

90. 6
89. 5
82. 0
85. 2
80.3

89.3
101. 9
71.3
75. 2
76.1

99 2
97.8
96. 7
97. 1
97.6

98.6
99.7
102. 4
97.6
98.7

90. 5
89. 2
88 6
88. 1
87.4

96. 3
94.8
97.9
95.0
94.1

90.0
87. 1
87.8
90. 1
89.9

89.4
86. 7
87. 5
88.3
88.0

224
202
179

73.0
73.0
74.0
75.0
75.0

36
36
37
35
37

108. 5
96. 4
72.4

103. 5
97. 7
83.5

102. 5
89.8
64.0

102. 8
93. 9
85.5

100.2
95. 9
82.8

94.5
100. 4
97.7

9o. 6
90. 2
89.0

96. 5
97.2
88.0

141
182

86. 6
79.2
74.0

38
40
38

101. 0
93.2
78.0

100. 5
92 6
77'. 4

Adjusted for seasonal variations.




Power, light,
and water

94. 3 |
101.9
99.4

96.9
100.0
88.8

i
96.8
103. 9 |
95.6

38
37

9

SURVEY OF CURRENT BUSINESS

July, 1931]

Domestic Trade
selected commercial cities showed a seasonal decline
from April to May, and continued below the level of
the corresponding period last year.
Commercial failures in each of the months since
month last year, according to the adjusted index of
the Federal Reserve Board, which takes into account January has shown a marked decrease in the excess
the seasonal variation in demand and the number of of failures over the same month in 1930. January
business days in the month. The average of sales for established a new high record of 3,316 and although
the first five months of the year was 7.5 per cent less the number for May was above the 2,000 mark, the
than in 1930. Stocks of goods in department stores, increase over a year ago was only 69. The total of
according to the seasonally adjusted index of the liabilities in May was below that of the same month last
Federal Reserve Board, were the same at the end of year, but somewhat above the preceding month. The
May as for April, after showing a gradual decline dur- increases in failures over May a year ago were largely
ing the first quarter of the year. The unadjusted among manufacturers and small retail dealers, while
index of these stocks showed a slight increase during the group of agents and brokers showed a decline.
Liabilities of both the manufacturers and of the agents
May.
Five and ten cent store sales during May, adjusted and brokers were less than in May, 1930, but the
for seasonal variation, showed little change from the traders and merchants showed an increase. The
preceding month, but were slightly below the volume number and liabilities of large failures during May
in the same month of last year. The sales volume of were less than in the same month last year.
these stores during the first five months of the year
Advertising lineage in magazines showed a seasonal
was slightly higher than in the corresponding period decline in May, and was 22 per cent below the volume
of either of the two preceding years.
of the same month last year. Newspaper advertising
Mail-order sales, after an unusually large increase showed little change from the preceding month, but
from March to April, amounting to 21 per cent, de- was 12 per cent less than in the same month of last
clined from April to May. Postal receipts m 50 year.
EPARTMENT-STORE sales during May, measured by
dollar volume, were 10 per cent less than in the
D
preceding month and 9 per cent less than in the same

DOMESTIC TRADE
Departmentstore sales

Freight car
Five-and-teiiDepartment- loadings,
mercent-store
store stocks chandise,!,
c.l.
sales

Unad- AdUnad- Adjust- just- ! just- justed 2
ed i
ed 2
ed i

Year and month

Unad- Adjusted justed *

Unad- Adjusted justed *

Thousands of
dollars

Monthly average, 1923-1925=100

1929' May
1930:
May
June... _ _
July
August
September
_ October
November
... _
December. _ . .
1931:
January
February
M arch
At>ril
May
Monthly average, January through
May:
1929
1930
1931_
...
... .
1

62995—31-




Commercial
business
failures

Postal
Mailorder I receipts,
50 sesales, 2
lected
houses
cities

Failures

!

Advertising
lineage

Money
orders,
value,
Liabil- Maga- News- paid
ities
zine paper

ThouThou- MilNum- Thousands of lions of sands of
ber ofsands
dolls. lines
linos of dolls.

109

109

101

99

107

104

166

172

55, 006

32, 448

1,897

3, 113

113

90, 363

105
98
71

98
93
87
87
95
101
104
85

£6
66
94
91
91
92
92
91

101
98
94
95
99
97
94
86

98

103
112
113
165

105
103
100
102
99
102
98
94

1.62
141
138
U6
147
168
159
293

174
160
152
163
156
151
158
153

59, 3,50
54, 356
48, 790
50, 682
54, 419
68, 878
55, 713
72, 486

31,370
27, 956
26, 761
25, 876
28, 764
32, 279
28, 379
38, 572

2, 179 55, 541
3, 055
2,752
2,026 63, 131
2,028 39, 826
1,986
49,181 ! 1, 658
1,913
1,963 46, 947 1 2, 145
2,124 56, 297
2, 490
2,031 55, 261
2,488
2,525 83, 683
2, 265

100
89
72
70
89
98
89
82

87, 661
82, 691
81, 800
77, 670
79, 174
90, 647
79, 934
91,923

79
SO
92
101
85

97
98
97
106
S5

78
81
87
85
87

88
h6
84
83
83

83
87
89
91
£2

124
90
89
127
144
89
88 1 1 6 0
89
155

161
163
159
168
167

41, 459
39, 422
43, 008
52, 078
50, 070

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

3,315
2,563
2, 604
2,386
2, 248

94, 608
59, 608
60, S87
50, 868
53,371

1, 585
1, 992
2,203
2,421
2,375

76
72
90
89
88

78, 273
70, 935
81,747
90, 646
81.956

ICO
97
89

110
107
99

98
96
84

99
97
to

104
99
SB

159
163
184

51, 567
51, 471
45, 207

32, 157
31, 629
28,571

2,081 40, 151
2, 3^9 54, 791
2,623 63, 768

2, 763
2,634
2,115

104
94
83

87, 053
86, 214
80, 711

Corrected to average daily sales.

• s
95
95
93
92
92

104
100
89

140
142
142
2

Adjusted for seasonal variation.

41,216

10

SURVEY OF CURRENT BUSINESS

[July, 1931

Foreign Trade
A I/THOUGH the value of United States foreign trade
-/JL in May, 1931, fell to the lowest level in recent
years, the percentage decline in exports from the month
immediately preceding was only slightly greater and
that in imports slightly less than the usual seasonal
variation. The drop in exports during May, 1931, was
5 per cent and the fall in imports was only 3 per
cent. Average daily exports amounted to $6,600,000
and imports to $5.800,000. The net merchandise export balance for the month totaled $23,000,000.
As compared with the corresponding period of 1930,
the dollar value of both exports and imports in May,
1931, showed a drop of about 36 per cent, a slightly
smaller decline than occurred in the four opening
months of the year. Commodity prices continued at a
low level and were responsible for a substantial part
of the decrease in dollar value. For example, average
unit export prices of leading commodities declined
from May, 1930, to May, 1931, as follows: Raw
cotton, from 16.5 cents to 10.6 cents per pound; copper,
from 14.7 cents to 10.1 cents per pound; wheat, from
$1.09 to 73 cents per bushel; wheat flour, from $5.69
to $3.54 per barrel; and gasoline, from $4.11 to $2.62
per barrel. In quantity, cotton exports showed an

increase of 55 per cent over May, 1930; wheat, a gain
of 18 per cent; while gasoline shipments decreased only
3 per cent. Automobile exports were less than onehalf as large as in May, 1930, and machinery exports
showed a substantial falling off as compared with the
relatively high figures of that period. In our import,
trade, unit prices per pound of 14.1 cents for crude
rubber, 14.3 cents for coffee, 13.6 cents for copper,
and $4.30 for raw silk in May, 1930, had fallen to
7.4 cents, 9.5 cents, 8.9 cents, and $2.39, respectively,
in May, 1931. Quantity purchases of crude rubber and
copper fell off 17 per cent and 25 per cent, respectively,
but those of coffee increased 55 per cent and raw-silk
imports were more than twice as great as in May, 1930.
For the period, January through May, 1931, the
dollar value of exports, as well as of imports, fell 37
per cent lower than in the corresponding period of 1930.
Of total United States merchandise, exports, finished
manufactures constituted 50 per cent, while in the
corresponding period of last year they amounted to
54 per cent. Relatively large reductions in shipments
of automobiles and machinery, and the drop in value
of gasoline owing to smaller shipments at low prices,
were leading factors in the decline.

FOREIGN TRADE
1
Ex-

ports,
includ-

Year and month

Exports of United States merchandise
Crude
materials

Foodstuffs

General imports
i

Finished manufactures

Fin-

1

SemiAutoCrude FoodmoFruits UMltlma- stuffs
reexMa- biles, Gaso- Total terials
Wheat Meats and ufacRaw
ports * Total cot- Total and and prep- tures Total chin- parts,
line
'
and
ton
flour fats araery
1
|
tions
acces;|
II
sories
I
!
i
ing

1

:

Millions of dollars
385.0

57.4

32.6

57.1

18.2

18.1

7.2

59.8

202.7

48.1

43.1

22.5

400.1

141.7

88.9

•
85.9 '

83.

320 0
294.7
266. 8
297.8
312.2
326. 0
289. 0
274.9

40 7
37.5
36.6
53. 1
93.7
104.8
90.9
76.7

19.0
15. 7
14.8
27.6
62.8
64.9
59.3
47.2

42.8
40.7
40.7
52.5
46.0
47.3
45.6
40.5

11.7
13.2
16.4
24.0
18.4
11.4

14.7
13.0
12. 1
12. 1
9.9

4.9

7.8
6.3

11.0

9.8

7. 7
9.2
17.1
17.5
15. 1

49.9
47.2
39,9
40.8
37.2
38.0
33.1
33.9

179.0
164.9
144.7
147.4
130.8
132.7
115.8
119.7

49.8
42.4
37.8
34.1
33.6
30.8
33.2
36.1

29.2
21.0
17.4
17.0
16.4
14.5
14.1
15.3

20.2
27.0
22.5
25.6
16.5
21.9
12.4
13.7

284. 7
250.3
220.6
218.4
226.4
247.4
203.6
208.6

86.6
76.7
69.6
72.6
75.4
77.5
59.2
69. 1

76.3
60.2
49.0
43.8
48.2
56.1
48.4
52.3

53.4
51.6
44. 7
44.1
41. 0
45.5
38.3
38. 1

68.
61.
57.
57.
61.
69.
57.
49.

249.6
224. 3
235.9
214.9
204 0

58.6
47.7
56 5
40.0
36 5

31.2
25.4
36 0
22.9
18 9

35.5
29.5
33.0
28.2
29 4

3.2
3.9

4.9

12.2
10.6
10.1

5.7
7.4

10.7
8.9
10.7

8.5

7 8

6.4
6.5

34.5
27.5
31.4
30.6
29 9

117.1
116.1
110.3
111.1
103,5

37.7
44.0
29.4
31. 1
26 6

14.4
16.1
18.5
18.0
14.2

13.8
10.6
8.4
10.7
12.5

183.1
174.9
210.2
185.7
180. 2

59.4
56.4
64. 0
54.7
54.7

42. 1
46.1
56. 6
51.9
49.6

36.9
31.5
39.8
33.4
30.4

Cumulative, January through
May:
2, 229. 9
1929
1, <81.0
1930
1931
1. 128. 9

428. 0
335.2
239.3

288.9
204.5
134.4

316.0
227.9
155.6

63.4
60.0
25.1

88.0
75.7
49.1

56.8
33.1
43.3

320.8 1,127.0
243.0
943.2
154.2
557. 6

255.1
270.1
168.8

288.2
161.7
81.1

103.0 1,933.0
111.5 1,485.6
55.7
934.2

707.4
501.4
289.6

443.6
336.2
246.0

1929:
May
1930:
May
June _- _
July
August
September
October
November
December
1931:
January
February
March
April
May

1

_

_ _ _ _

9.8

Reexports of foreign merchandise during May, 1931, were $4,747,000.




5.0
4.9

i
•
!
!
<
I
;
i
I
i
i
i

44.
41.
49.
45.
45.

379. 1 ; 402.
304.9 i 343.
171.9 i 226.

11

SURVEY OF CURRENT BUSINESS

J u l y , 1931]

Transportation
carload lots during the first five months of 1931, was
11 per cent under the average for the same period in
1930 and 15 per cent under 1929.
Decreased movement of freight has naturally been
although a slight increase is normally expected during
this period. The Federal Reserve Board's adjusted reflected in an increased number of surplus freight
index of total cars loaded fell from 80 in April to 79 cars. While the number of idle freight cars gradually
in May, while the unadjusted index increased two decreased during the first four months of the year, May
points. Loadings during May were 19 per cent under witnessed an upward turn. The average number of
May, 1930, and 28 per cent under May, 1929. The idle cars during May was 2 per cent greater than in
average monthly loadings for the first five months of April and 39 per cent greater than reported for May
the current year were 18 per cent under the same last year. The peak in the number of surplus cars in
the present depression was recorded in December,
period in 1930 and 25 per cent under 1929.
Average weekly merchandise loadings in less than 1930.
Dividend payments of steam railroads during May
carload lots during May decreased by almost 3 per
cent as compared with the April loadings, whereas totaled $32,500,000 compared with $38,100,000 in
a slight increase is normal for this period. Loadings April and $36,600,000 in May last year.
of merchandise during May were 9 per cent under May,
The material curtailment in the movement of com1930, and 15 per cent under 1929. Coal and coke, modities is also reflected in the data on canal and river
forest products and ore were the only commodity traffic. With the breaking up of the ice, the volume of
groups recording an increase in average weekly load- freight moving through the canals was materially inings as compared with the April loadings. The aver- creased during May, although the volume was subage monthly merchandise movement in less than stantiallv under May last vear.

ISTRIBUTION of commodities during May, as reflected by the average weekly total freight-car
D
loadings, was of smaller proportions than during April,

i- JSl
1*1
w.2 w
j^-

Monthly
average,
1923-1925=100
3929: May
1930:
Mav
June
July
August. _
September
October
November
December
1931:
January
February
March
April
May
Monthly average,
January through
May:
1929
1930
1931
1

42
Is
-~.

£

I

I

|

V.

i J!
!

Sj*

109

96
93
92

97
95
95
96
99

84
84

6
4

82
80
80
80
79

4
5
7
9

5, 1S2

1,286

190

,»

836

4, 51*3
3,719
3, 556
4, 670
3, 725
3,818
4. 127
2, 7S4

1,210
667
899
1,179
944
C66
1,133
820

1S8
166
233
304
189
163
190
143

117
86
80
106
108
129
140
94

740
579
557
769
638
733
852
638

265
199
160
207
162
159
174
121

255
250
245
284
195
154
92
22

3, 491
2,836
2, 940
2,9£6
3,736

997
842
886
8S9
1, 097

1S6
165
153
151
180

124
88
79
85
106

817
584
555
486
611

156
138
138
130
165

26
22
23
29
80

343

Sault i New
Ste.
York
! Marie State
i
|

Thous. of
dollars

Thousands of cars i

107

I?86

ft

•d
^
1 Ss
1 18
£
'3

357

30, 400 ! 13,930

1,819
1.472
1,382
1,821
1, 490
1,514
1,546
946

442
465
455
432
394
403
580
707

36, 000
40, 100
54, 000
36, 900
29, 900
44, 000
38, 500
39, 000

1,175
997
1,105
1, 206
1,4£8

647
651
622
603
616

55, 600
44, 900
45, 500
38, 100
32, 500

11,320
12,650
12,367
11,267
10,347
9,094
5, 130
312

101
92
76

4, 2(55
3.816
3, 1S8

1.108
1, C59
944

184
176
169

116
109
86

814
730
611

283
238
145

120
84
36

1.641
1,502
1,196

Data for January, May, August, and November are for 5 weeks, other months, 4 weeks.




244
434
628

i
|
!
!
i
|

:
!
i

0 ;
0
0 ;
922 !
! 4,335

Mississippi
(Govt.
owned
barges)

Thous. of Thous. of
long tons net tons

393

201

124

1,206

2,851

402
416
563
457
458
608
390
0

214
208
220
247
245
230
225
225

125
140
84
70
114
103
83
108

1, 116
1,062
1,221
1,022
1,040
1,133
1,009
953

3,112
2, 822
3,371
3,359
3,C60
2,651
2,501
1,691

0
0
0

234
166
163
2C3
217

76
70
83
82
86

958
864
910
929

1,843
1,695
1,773
2,092
2,525

91
143

159
180
197

121
90

1,197
1,153

2,319
2,439
1,986

;

I
107
98
80

Cape
Cod

Thousands of short tons

223

2,042

River

Canals

Ocean traffic, clearances, American ports

Ad- Unadjusted j justed |

13
ho

Canal and river traffic

Panama Canal traffic,
both directions

F. R. B.

Year and
month

Dividend payments,
steam railways

Freight-car loadings

Freight-car surplus

TRANSPORTATION

37, 400 1 3,667 !
2,346 j
45, 540
43, 320
1 051
'

|

79

12

SURVEY OF CURRENT BUSINESS

[July, 1931

Construction
ONSTRUCTION; showing the usual seasonal tendency, was less active in May than in April.
C
The number of square feet and value of all types of
contracts awarded were 1.1 per cent and 9.2 per cent,
respectively, smaller than in April, and, as compared
with a year ago, were 27 and 33 per cent smaller.
During the first five months of the year the number
of square feet of floor space in contracts awarded and
the value were each 28 per cent less than in the corresponding period of 1930.
Residential construction which continues to be in
small volume declined from April to May. Although
the number of square feet and value of contracts
awarded for this type of construction were only
moderately smaller during the first five months of
1931 than in the corresponding period of 1930, they
were 50 and 54 per cent less than in the first five
months of 1929. The value of contracts awarded
during May for public works and utilities was considerably smaller than in April and 28 per cent less

than in the same month of 1930. For the first five
months the value was only 2.8 per cent less than in
1929.
Production of cement, which is ordinarily larger in
May than in April, increased for the third consecutive
month and was 25 per cent greater than in April.
Shipments of maple flooring increased for the fifth
consecutive month and were 2.8 per cent larger in May
than in April. New orders for fabricated structural
steel, after increasing sharply from March to April,
declined in May to only slightly above the low point
reached in November, 1930.
Construction costs, as indicated by the prices of
structural steel shapes, cement, lumber, and the rates
paid common labor, have declined almost continuously
since December, 1929, and in May were 0.8 per cent
less than in the same month of 1930. The declining tendency of building material prices for frame
and brick houses was halted, at least temporarily, in
May.

BUILDING MATERIALS, CONSTRUCTION, AND REAL ESTATE
Building contracts awarded

Building materials

Building
material
prices

Long-term
real-estate
bonds
Real-

Maple

Year and month

F. B. B.
index
All types of
(value construction
unadjusted)

Residential
building

JSS&

_ MilMonthly MilMilaverage lions of lions
of
square
1923feet
feet
1925-100
1929: May
1930:
May___
June
July
August
September
October
November .
December
1931:
January
February
Marcfe
April
May . .
Monthly average, January, through May:
1929 _
1930
1931




Public works
and utilities

Fabricated Comr
,
moil
rnentstructural
brjck
steel
Frame! Brick
house house

Thou-

&

I Thou-

Millions of

feet

ket activitydeeds

To finance
Total

Kec.

New Shiporders ments

Thou- ThouSa
short°f
Snoit

of
board sands
meas- barrels
ure

Mi] _
liins of

tons i

hrirk
Dnck

new
con-

struction

Month-j
First of month month- erage I Thousands of
dollars
ly average 1913 = 100 1926= !
100
88.6

22, 868

8,720

73.5
66.7
69.8
69.6
66.8
74.0
64.6
68.9 ;

3,813
11,093
16, 425
1,938
13, 890
6, 635
9, 965
29, 877

88
6, 648
10, 725
300
1,475
1,210
1, 595
530

194. 5
196.6
194.5
191. 6
189.3

66. 0
66. 7
61.7
62.0
61.3

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

2,850
1,500
1,000
1,700
0

181 ; 207.2
180 - 207.1
169
193.3

86.1
73.3
63.5

41, 625
16, 250
5,369

13, 497
6, 735
1,410

143

81.2

588

40.3

192.0

764

167.9

6,674

16, 151

321 i 121.6

177

182 | 205.2

ill
146
89
84
81
82
62
61

53. 7
48.2
44.6
39.8
41.2
39. 5
33.1
29.1

457
€01
367
347
332
337
254

249

23.5
20.8
18.2
16.8
19.7
22.3
18.8
14.7

116.6
96.8
84.3
82.7
98. 5
104.7
80.8
70.9

1,099
1, G07
946
1, 297
1,484
339
468
697

152. 1
322.8
121.2
126. 7
109.1
113.0
76.4
78.6

4, 669
3, 956
4, 625
4,416
3, 331
2,886
2, 554
1,811

17, 249
17, 239
17,078
17,821
16, 124
14,410
11,098
8,480

279
254
270
252
156
209
151
153

i 98.8
; 123.7
': 82.4
i 105. 5
115.3
! 103.4
! 103.5
| 33.5

177
175
173
169
168
171
165
168

181
1T9
177
175
174
176
172
174

55
57
90
82
74

24.6
28.3
38.0
39.4
38.9

228
235
370
337
306

12.2
16.6
22 1
22. 6
21.9

54.4
77.9
100.9
95.9
88.9

393
246
522
785
387

95.2
78.6
151. 7
133. 0
108.9

2, 351
2, 676
3,017
3,226
3,315

6, 595
5, 920
8, 245
11,245
14, 006

162
158
184
294
153

i 19.7
i 19.8
i 29.3
| 31.3
! 28. 7

163
165
163
157
160

170 !
171 i
170
167
167

121
99 I
72
I

71.3
47.0
33.8

496
407
295

38.1

182.7
96.5
83.6

875
1,434
467

116. 8
140.7
113.5

6, 151
3, 924
2,917

11,655
11,731
9,202

231 i 134.6
193
85.7
190 ; 25.8

176
177
162

!

205.9
203.4
!, 201.0
:: 201.0
: i 199.6
i : 198.7
' 198. 5
i 196.9

;

tt! 1

13

SURVEY OF CURRENT BUSINESS

July, 1931]

Agriculture
HE physical movement of animal products into
wholesale channels during May, as represented
by the combined index shown in the table, recorded
the usual sharp increase over the month of April, but
was about the same as in the corresponding month of
each of the two preceding years. Marketings of animal products have shown seasonal increases for each
of the months since February, at which time a marked
decrease in livestock shipments is usually recorded.
The monthly average of these marketings for the first
five months of the year was 96.8 (monthly average
1923-1925 = 100) compared with 97.3 and 94.5 in the
corresponding periods of 1930 and 1929, respectively.
Crop movements during May, according to the
combined index of that group, were somewhat larger
than in the same month of either of the two preceding
years. The increase from April to May amounted to
16 per cent; an increase was made during that period
in each of the five preceding years except in 1929, at
which time there was a decline of nearly 10 per cent,
while in 1928 there was an increase of about 24 per cent.
All of the crop groups except cotton showed increased
receipts during May compared with the preceding
month. Grains and fruits moved in larger volumes

T

during May than in the same month last year, while
vegetables and cotton made small decrease. Increased
vegetable receipts during May were due to the new
crops of white potatoes, tomatoes, onions, and cabbage;
sweetpotatoes and celery showed declines. Peaches
and watermelons appeared in the receipts of fresh
fruits during May for the first time this year. Shipments of cantaloupes increased from 1 car in April to
470 in May. Strawberries and citrus fruits showed
gains; apples declined and pears made no change.
The Department of Agriculture's crop report as of
June 1 indicated that crop prospects throughout the
country were below average. A winter-wheat crop
somewhat larger than last year was indicated despite
an estimated loss during May, while the condition of
spring wheat was the lowest percentage of normal
ever reported on June 1. A good supply of fruit was
forecast.
Supplies of farm products, as indicated by the visible
stocks in storage at the end of May, were much larger
than a year ago for wheat and cotton, while some
increase was shown for stored meats. Wheat stocks
recorded an increase over April, while meats arid cotton
showed decreases.

AGRICULTURE
Indexes of marketing
Animal products
Year and month

Combined
index

Wool

Livestock

Indexes of stocks, end of
month

Crops

Poultry Dairy
and eggs products

Fish

Combined
index

Grains

Vegetables

Fruits

Cotton

Wheat,
visible Meats, Cotton,
supply, cold- United
United storage States
States

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

108.9

121.4

84.2

111.0

133.6

161.2

54.6

53.0

118.2

110.7

26.8

166. 8

124.8

88.4

109.8
116.7
111.8
91.4
91.2
93. 7
88.5
97.8

142.7
412.5
545.1
360. 5
30.9
79.1
34.5
57.1

81.2
79.2
76.6
76.5
93.9
108.0
88.0
92.9

138.2
112.0
90.6
71.6
78.2
79.2
121.6
137. 8

134.6
148.9
131.5
94.6
86.3
82.2
77.8
92.7

192.0
185. 2
233. 3
202.0
229. 1
172.0
146. 2
98.9

54.3
48.7
93.3
122. 5
175. 5
212. 1
148.8
105.8

56.1
58.5
177.5
180. 5
139.0
82.6
72.3
79.8

138. 5
151. 0
113.4
81.9
138.8
168. 4
89.6
79.4

71.9
57.8
122.4
133.1
164. 3
249. 0
109.0
67. 1

29.0
14.0
5.8
77.7
219. 3
327.5
240. 6
144.9

203.8
187.3
275.3
331.7
364. 1
349. 8
344.8
333.3

99. 1
100, 1
97.0
82.2
68.1
55. 7
62.3
76.9

129. 5
118. 7
108. 0
119.0
165. 3
236. 6
205. 0
236. 9

94.7
85.5
94.0
101.2
108.4

25.3
50.8
fil.9
78.2
197.1

98.2
79.8
79.6
82.6
80.2

95.0
94.0
121.8
137.0
130.6

96.4
91.3
102.9
113.1
133.0

103.4
116. 2
169. 4
174.3
160.5

74.3
64.9
64.4
53. 1
61.6

81.0
84.6
80.0
63.9
70.0

93.0
91. 1
104.3
93. 3
135.6

70.2
68. 1
75. 1
70.6
102.2

64.0
40.6
38.6
29.8
26.5

335.8
343.7
352. 7
339. 8
336.4

100. 1
114.0
111.8
114.8
110.8

255. 0
235. 7
216. 0
190.9
179.6

94.5
97.3
96.8

52.3
67.2
82.7

85.7
84.8
83.7

100.0
114.8
115.7

103.3
103.9
107.3

141.3
175. 2
144.8

71.9
60.5
63.7

77.2
67.3
75.9

102.8
103.2
104.5

84.9
57.8
77.2

57.7
45.3
39.9

203.3
251. 6
341.7

129. 6
105. 1
110.3

129. 5
lr,9. 8
216.6




14

SURVEY OF CURRENT BUSINESS

[July, 1931

Iron and Steel Industry
URTHER slackening in operations occurred in the
F
iron and steel industry during May. The decline
was more than seasonal, and the adjusted index of the
Federal Reserve Board dropped 4 per cent below the
preceding month and 35 per cent below a year ago.
Employment in the industry was less than in April,
the adjusted index declining 2.2 per cent to a point 19
per cent below May, 1930. Pay rolls continued to
decline, and in May the unadjusted index was 6 per
cent below April and 32 per cent below May, 1930.
Pig-iron production in May was smaller than in the
two preceding months and the daily rate of output
declined for the first time this year. May production
was 38 per cent below last year, which is the same percentage of decline as for the first five months. Operations in the pig-iron industry were estimated at
slightly less than 45 per cent of capacity. Furnaces in
blast were 105, a net loss of 8 from April and representing only one-third of the 314 furnaces available.
Steel ingot production continued to decline gradually
and during May the output was 8 per cent below
April, and 37 per cent below May, 1930. A decline in

production is usual in May, but the percentage drop
this year was larger than in any May since 1924. In
the first five months of 1931, production was 35 per
cent less than in the corresponding period last year.
The steel industry operated at 45 per cent of capacity
in May as compared with 49 per cent in April and 74
per cent in May last year. The decline in activity
was unchecked in June and recently operations
dropped to 35 per cent of capacity. Unfilled orders
of the United States Steel Corporation at the end of
May were 7 per cent below the preceding month and
11 per cent below a year ago, the decline being in line
with seasonal expectations for the month.
Prices have continued to display weakness during
recent weeks. The composite iron and steel price was
slightly lower in May than in the preceding month and
a further decline in June carried the weekly average
to $30.99 per ton. Prices of steel billets also declined
in May following several months of stability. The
decline in the composite price of steel scrap continued,
and the average for May was about 28 per cent below
last year.

IRON AND STEEL
General operations

Year and
month

Rate of I
opera- EmF. R. B. tions, ployindex
electric ment
(adenergy adjusted)
consump- justed'
tion

Fabricated
Steel ingots structural
Prices
steel
United
States
Steel Manga-'
Pigiron
Corpo- nese (ore
ration,
proconSteel
ducStrucPay
tent),
billets,
New Ship- unfilled
rolls Ex- Im- tion ProIron and tural
orders
imports
Besseducormer
steel
steel
unad- II ports ports
Pei- ders ments end of
tion
month
justed!!
beams
(Pittscent
burgh)
of capacIron and

i

Composite
finished
steel

ity

1929: May..

1930:
May
June
_
July
August
September
October
November
December
1931:
January
February
March
April
MayMonthly average,
J anuary through
May:
1929
1930
1931

1

Thousands of long
tons

Dolls, per long ton

Dolls, per 100
pounds

145

172.2

99.5

111.6

262

54

3,898

5, 286

100

321

289

4,304

28

1

36. 00

37.10

110
109
93
92
85
74
65
59

135.1
115.2
109.7
112.0
110.3
126.0
106. 5
110.2

91.6
90.0
87.3
83.9
81. 7
81. 3
80.2
79. 1

95.5
90.8
78.6
77.5
75.4
75.8
68.9
66. 7

196
159
132
151
131
132
112
102

46
35
32
27
30
30
35
24

3,233
2,934
2,640
2,524
2, 277
2,165
1,867
1, 666

3,983
3, 419
2, 922
3, 061
2,840
2, 693
2,212
1, 980

74
68
56
59
55
£0
44
38

279
254
270
25?
156
209
151
153

265
280
275 I
262
243
239
195
168

4.059
3,968
4.022
3, 5?:0
3,424
3,482
3, 640
3, 944

30
31
16 I
8
22
18 1
10 !
29

32.50
31.00
31.00
31.00
31.00
31.00
31.00
30. 60

33. 84
33.53
33. 25
33. 01
32.67
32. 31
31.95
31. 76

04
73
78
75
72

103.4
116. 5
119.4
108.1
106.8

77 5
75.9
76.6
76. 5
74.8

62. 4 ! i
93
67.5 i 91
70.0
110
69. 1
101
64.9
91

32
21
31
39
28

1,714 2.459
1,707 ! 2,502
2,032 2, 994
2, 020 2,722
1,994 2,505

43
49
54
49
45

162
158
184
293
153

172
166
151
158
148

4, 132
3, 965
3, 995
3,898
3,620

17
10
2
33
21 i

30.00
30.00
30.00
30.00
29. 50 I

31.70
31.65
31.66
31. 61

1. 63
1. 65
1.65
1.65 •
1.65

. 22
. 22
.23
.22
2.21

4,279 I
4,387 I
3.922 !

23
29 i
17

34. 21
33. 10
29. 90

36. 55 :
34. 84 1
31.60 !

1. 91
1.82

2. 55
2.41

1. 65

2, 22

132
110
72

160.5
139 3
110.8

* Adjusted for seasonal variation.




Thousands
of short
tons

Thousands of long tons

Monthly average, 1923-1925=100

;

!

98. 5 i
92.3
76. 3

107.8
95. 8 1
66. 8 .'

i

269
213
97

i

46
42
30

3,585
3, 065
1,893

31. 39

1. 70
1.65
1.65
1. CO
1.60
1. 60
1. 60

:

. 56
.35

. 33
.29
.26
. 24
.22
. 20
. 19

I

I

1

1. 95
1.80 i

4,827 1
4, 032
2,636 j

95 ! 295
78 i 249
48 190

1

i
262
265 !
159 i

!

'

!

15

SURVEY OF CURRENT BUSINESS

July, 1931]

Metals and Metal Products
ANUFACTURING activity in the nonferrous metal
industry, as measured by the adjusted producM
tion index of the Federal Reserve Board, was unchanged in May from the low point for the depression
reached in April. Production in May was 28 per cent
below May, 1930, the decline being slightly larger than
the average for the first five months of the year. Employment in the industry remains steady, the adjusted
index varying but slightly during the past four months;
in May employment was 17 per cent below a year ago.
The volume of pay rolls failed to hold the slight gain
of early spring and in May fell to a new low for the current recession—25 per cent below a year ago.
Mine production of copper and zinc was lower than
in April, but lead production scored a sharp gain.
High stocks and low prices continue to be the dominating factors in the industry. Stocks of refined copper
(North and South America) again increased 8 per cent
in May with resultant weakness in the price. Blister
stocks were reduced, but the increase in refined and
blister combined was more than 27,000 short tons.
Domestic shipments of refined copper in May were 18
per cent less than in April and 40 per cent below last

year. Exports of refined copper and products also
were lower in May and were 43 per cent below a year
ago. Electrolytic copper advanced % of a cent a pound
from the low of 8 cents in the latter part of June and
lead prices were also marked up. Tin stocks at the
end of May rose to a new record while prices continued to decline.
Shipments of all classes of machinery are relatively
small as compared with a year ago, but slight gains in
some instances were registered between April and
May. Activity in machine tool plants, as measured
by shipments, was slightly above April, but only half
that of a year ago. Shipments of foundry equipment
advanced to the highest level since June, 1930, but
were still 21 per cent below last May. Electric hoist
shipments were also larger in May, although considerably below last year and less than half those of
May, 1929.
Machinery exports for the first five months of 1931
were 38 per cent less in value than last year. Individual groups declined as follows: Industrial, 42
per cent; agricultural, 33 per cent; and electrical, 30
per cent.

METALS AND MACHINERY
Nonferrous metals F. R. B.

Employment

Year and month

Production
adjusted

Adjusted

Pay

Wood
workMa- Founding
Steel
ry
chine equip- boilers machinI tools ment
ery




Pumps
Water
Mesteam- Elec- chanOil softenpower, tric
burning
apical
paracentrif- hoists stokers
ers
ugal
tus

Water
systems j

Shipments

justed

Sales
(new
orders)

Shipments

^
|

Monthly average 1922-1924
= 100

Number

Patents
granted

InterAgri- nalcul- comtural busimple- tiou
ments engines

i

Unad- rolls,
justed unad-

Monthly average, 1923-1925= 100

1)29 Mav
i:)30:
May ...
J tine
July
AugustSepteinber
October
November
December
I'm.:
January..
. _.
February
March
April
May
Monthly average, January through May:
1929
_.
1930
1931

Electric
overhead
cranes

Shipments

Number

Thousands of dollars

137

1010

105. 3

123. 1

301

217. 0

1,751

1, 233

1, 122

1,886

285

174

6, 9S3

1,444

11,996

62

50

101
96
97
96
97
95
87
85

80.2
80.3
78.7
76. 1
73. 6
72 6
71.8
71.2

81.2
80.2
77.7
75. 1
72.5
71.6
70.9
70.2

84.4
85.0
76. 0
72.0
70.7
69.4
67. 3
67.9

197
176
128
120
96
103
67
85

149. 4
160. 5
116. 1
82.6
66. 0
62. 0
76. 5
102. 6

1, 283
1, 360
1, 309
1,371
1, 254
1, 189
814

577
615
624
694
4S8
441
442
529

880
956
1, 005
729
942
677
587
671

1,641
1,644
1, 338
1,367
1, 183
1,167
1, 116
1, 205

210
207
177
146
141
138
116
106

96
151
150
115
128
92
71
53

8,178
7, 623
9, 593
11,354
17, 036
IS, 580
7, 855
5, 025

1, 279
752
782
774
755
738
732
645

11, 120
10, 375
9. 699
9,220
8, 202
7,522
6,401
5.177

49
109
51
27
43
41
52
58

59
144
52
30
35
49
54
67

78
79
77
73
73

69. 2
66.8
66. 6
66.5
66.6

6i4
61 1
68.8
6i 1
67.4

64. 1
64.4
66. 3
65. 4
63.4

75
73
92
91
96

54.7
55.4
72.9
69.7
113.6

598
516
630
689
646

400
421
400
356
393

496
530
261
416
310

718
873
1, 036
9 18
1,037

134
112
166
113
135

85
66
63
65
80

3, 952
3, 504
4,226
5, 229
5,556

753
703
851
785
702

6,010
5,434
6, 105
7, 638
9,090

41
44
67
67
60

58
76
68
68
58

130
103
76

104. 2
82.5
67.1

105. 9
83.8
63.2

123. 8
89.4
64.7

300
211
85

205. 4
190. 9
74.3

1, 408
1, 018
616

1, 167
662
394

816
903
403

1, 659
1,484
916

257
242
132

122
84
72

5, 457
5, 800
4,493

1,429
1, 321

9, 154
9, 050
6,855

51
49
56

51
62
66

759

16

SURVEY OF CURRENT BUSINESS

[July, 1931

Automobiles and Rubber
yi UTOMOBILE production, which reached a seasonal
JL\ peak in April, was well maintained in the first half
of May, following which operations were reduced.
Total production in the United States and Canada
was about 7 per cent below April and 26 per cent below
May, 1930. The May decrease was in line with
seasonal expectations and the adjusted index of the
Federal Reserve Board was unchanged for the month.
The output for the first five months of 1931 was about
30 per cent less than in the same period of 1930.
Employment in the industry was higher than in
April and the adjusted index advanced slightly; the
pay-roll index, which is unadjusted for seasonal variations, was 6.8 per cent above April. Employment was
19 per cent below May last year and pay rolls were 26
per cent lower, but in both cases the comparison was
more favorable than in April.
New passenger-car registrations in April were 32
per cent greater than in March, but were about 26 per
cent below a year ago. Sales were held at the April
level early in May, but tapered off in the latter part
of the month, and May registrations were probably

below April. Registrations for the first four months
of 1931 were about 31 per cent below those of the same
period last year and preliminary May figures for 40
States show a decline for that month of 28 per cent as
compared with May, 1930.
Production of pneumatic casings advanced 6 per
cent in April from the March level, but shipments
were up more than 21 per cent. Preliminary estimates
for May indicate a further increase in production
during that month. Employment in the rubber industry was greater than in April, and the adjusted
index advanced 5 per cent while the unadjusted index
of pay rolls was up over 6 per cent. The indexes of
employment and pay rolls were 16 per cent and 26 per
cent, respectively, below a year ago. Production and
shipments of pneumatic tires for the first four months
were about 11 per cent below last year.
World stocks of crude rubber again increased during
May to a new record and at the end of the month were
nearly 10 per cent higher than at the beginning of the
year. These figures partly explain the continued
weakness in crude rubber prices.

AUTOMOBILES AND RUBBER
Automobile
exports

Automobile production

United States
F.R.B.
index,

ad-

Year and month

justed

Total

Passenger

cars

Month-i
lyav- !
erages,

19231925= i
100
i

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




^an-

Total
Taxi- Trucks
P™:
cabs
Ii tion

Pneumatic
tires

financing

Automobile
i accesBy
Passories, wholeBy
shipconS
sale
|£T Trucks ments
sumdealcars :
ers
ers

January,
1925 =
100

Number

Thousands

Automobile

Millions of
dollars

'

?J£- mestic
sh|
tlon
tion"
Pj ments

Crude rubber

Im-

ports

j

Thousands

World
stocks,

end of

month

Long tons

605

515

1,318

88,510 | j 31,559 • 28,417

11,496

91

6, 109

5, 185

51, 186

«85

420
335
266
224
221
154
137
156

365
288
225
186
178
115
102
123

440
463
376
386
930
582
609
1,425

58,659 i ! 24,672
16,876
9,666
48,570
15,090
10, 101 i 5, 336
43, 328 ; 10, 188 i1 7,828 i 4,042
40,450 , 9,792
7, 956
5, 318
44,223 ; 7,957
8,125 5,312
40,593
4,541
7, 136
4, 079
35,613
5,407 i 6, 039
6, 039
33,443
5,622 ; 9, 096
5, 102

78
71
65
60
76
79
63
55

84
54
55
45
45
36
30
36

115
4,574
138
4,098
119 i 3, 193
103 i 3,332
91
2, 692
81
2,866
2,123
60
2,251
66

3.960
4,050
4, 229
3,976
3, 360
2,613
2,119
2,550

! 42, 994
1 40, 382
35, 424
! 36, 657
35, 783
45, 375
i 29, 733
i 37, 370

378,
379,
394,
400,
427,
427,
429,
439,

972
688
687
796
089
664
901
728

63
68
67
77
77

172
220
276
336
315

138
180
231
285
269

512
529
410
665
340

8, 304
33,531 \ 6,496
39,521 ! 9,871
9, 187
45, 161
12, 993
11,526
50, 015
17, 159
11,228
45,695
12,738 ! 8, 463

46
53
65
66

40
50
63

?i

62 : 2,940
66 : 3,188
92
3, 730
113 | 3,955
110

i
i
1
j

2,855
2,580
3, 143
3,804

36, 598
34, 374
40, 788
44, 908
35, 844

460,
471,
487,
487,

479
285
716
660

143
100
70

536
373
264

462
315
221

1, 851
833
491

83
73

59
72
59

133
109
89

5,577 i
4,043 j

4,740
3,586

55, 879
44, 960
38, 502

251, 439
364, 605

142
101
90
62
62

1

4, 534
4, 187
6,002
5,499
4, 498

71,666 j!! 33,374 ! 37,101 17,182 I
57,004 i 19,119 i 19,361 ! 9,943
42,785 | 11,851
9,743
4,944

185

!

252, 867

17

SURVEY OF CURRENT BUSINESS

July, 1931]

Textile Industry
of either the preceding month or the same month last
year. Sales of standard cotton piece goods during
May were 71 per cent of production, compared with
61 per cent in April.
Wool receipts at Boston during May were considerably above those in the preceding month and also
larger than in the same month last year; the increase
over the preceding month was from domestic supplies
alone. The price of fine staple scoured wool at Boston
continued to decline, which began in the latter part
of 1930.
Raw silk deliveries to manufacturers, which had
declined since the latter part of 1930, increased during
May. Average deliveries during the first five months
of the year were 5 per cent larger than in the corresponding period of last year and only 2 per cent
less than in the same period of 1929. Stocks at the
end of May were less than for either the preceding
month or a year ago.
The wholesale price of rayon decreased from December, 1930, to January but has remained steady at 75
cents per pound since then.

EXTILE manufacturing operations have shown
improvement since the beginning of the year and
T
in May were on a slightly higher level than in the
preceding month, according to the Federal Reserve
Board's seasonally adjusted indexes of production and
employment. Mill consumption of raw cotton in the
United States during May was less than in either the
preceding month or the same month last year. Average monthly consumption during the first five months
was likewise less than in the corresponding period of
last year.
Stocks of raw cotton in mills and warehouses have
shown the usual gradual decrease during the first five
months of the year, but were greater at the end of
May than for the corresponding period in either of the
two preceding years.
Production and shipments of cotton textiles during
May decreased and were below those of the same month
last year. Shipments were only 91 per cent of current
production, and stocks at the end of May continued to
increase from the low point reached In March. Unfilled
orders at the end of the month were below the volume

1929: May
1930:
May
June..
July
August
September.. _ __ _
October
November
December
1931:
January
February
March
April

May
Monthly average,
through Mav:
1929
'
1930
1931

_.




ill!

a*

Monthly av- Thou- Dolerage, sands
of lars per
19111913= pounds pound
100

Thousands of yards

Per cent of active hours to
total reported*

Rayon, wholesale price,
A grade, bleached

|S~
Worsted

5~

Spinning
spindles
Woolen

fill

Receipts at Boston, total

"3 &*%>£

Wholesale price,
Fairchild composite

— fl
'J

Stocks,
end of
month

Production

i

>» * i

I'fiM

Bales

Dollars per
pound

Silk

121

668, 650

3,322

9,164

341, 370

326, 121

3fi7, 340

382, 512

162

24, 215

1.00

82

66

49, 121

1.30

90
84
84
81
88
91
93
87

473, 284
405, 236
379, 022
352, 335
394, 321
444, 494
414, 887
406, 207

4, 907
4,462
4, 060
4, 476
6, 215
8. 895
9, 965
10, 037

6, 725
5,789
5,301
5,134
5, 663
6, 239
5,832
5,916

275, 801
198, 539
165, 850
218,815
182, 385
228, 866
206, 633
234, 052

270, 056
182, 652
176, 689
231, 34£
232, 975
270. 383
200, 661
226 951

450, 481
466, 368
455, 529
442, 996
392, 406
350, 889
356, 861
363, 962

271, 745
219, 040
222, 498
226, 422
285, 427
350, 845
333, 251
288, 956

137
134
130
126
124
124
124
122

28, 649
57, 665
76, 915
51, 672
7,074
12, 739
6,240
11, 574

.77
.76
.76
.76
.76
.75
.72
.72

60
62
52
48
55
53
52
45

52
56
53
55
60
62
52
52

40, 823
29, 396
39, 948
41, 734
55, 649
61, 937
57, 333
55, 424

1.15
1.15
.95
.95
.95
.95
.95
.95

86
93
97
98
102

454, 188
433, 510
490, 586
508, 744
485, 770

9, 553
8, 862
8,120
7,404
6,752

6, 360
6,110
7,001
7,129
6,739

202, 149
212, 168
271, 638
225, 955
225, 392

210, 597
248, 354
317, 185
217, 582
205, 603

355, 514
319, 328
273, 781
282, 154
301, 943

317, 465
395, 802
373, 951
294, 118
248, 544

120
119
121
119
115

10, 795
13, 269
13, 279
17, 775
30, 341

.68
.66
.66
.65
.63

48
66
57
55
60

52
54
57
57
67

55, 910
54, 242
55, 383
41, 356
45, 073

.75
.75
.75
.75
.75

117
97
95

639, 025
516, 679
470, 560

4,870
6,012
8,138

8,877
7, 366
6,668

311,784
276, 917
227, 460

316,663
279, 023
239, 864

365, 377
446, 803
306, 544

446, 089
373, 799
325, 976

164
143
119

19, 934
17, 758
17, 092

1.06
.78
.66

83
60
57

68
52
57

51, 286
48, 161
50, 393

1.34
1.15
.75

January

62995—31-

Spindle activity,
total

Bales

MilThou- lions
of
sands o 1 spindle
bales hours

Cotton textiles (23 groups of
textile constructions)

Wool manufactures

Wool

Deliveries to mills

Monthly average,
19231925=
100

Cotton manufactures

Stocks, mills, and
warehouses,
end of month

Year and month

|

Cotton, raw
Mill consumption

F. R. B. index, adjusted

TEXTILES

18

SURVEY OF CURRENT BUSINESS

[July, 1931

Food Industries
OTAL manufacture of food products during May
was slightly less than in the preceding month
T
while employment was practically the same according
to the Federal Keserve Board's indexes which are adjusted for seasonal variation. Both production and
employment were lower than in the same month last
year. For the first five months of the year these two
indexes have averaged but slightly less than in the
corresponding periods of 1929 and 1930.
Wholesale prices of food products continued to decline during May recording a new low which represented
a decrease of 21 per cent from the same month last year.
Wheat receipts at the principal markets during May
were 48 per cent larger than in the preceding month
and 82 per cent greater than in the same month last
year. Exports of wheat, including flour, have been at
a lower level this year than in the corresponding period
of either of the two preceding years. Wheat prices
have been slightly higher during April and May than
in the first quarter of the year,but still below the figure
of a year ago.

Corn receipts in the principal markets during May
showed the usual seasonal decline from the preceding
month and were less than in the same month last year.
The price of No. 3 yellow corn at Chicago has shown a
gradual decline since the harvest period in the latter
part of 1930; it has averaged only 60 cents per bushel
during the first five months of the year, compared
with 82 cents in the same period in 1930.
Cattle receipts at the principal markets showed a
seasonal decline from April to May; the receipts during
May were somewhat larger than in the same month
last year, but less than in the corresponding period of
1929. Hog receipts during May showed a seasonal
decrease from the preceding month and were lower
than for the same month in either of the two preceding
years.
Raw sugar and coffee exports have been larger in
1931 than a year ago. Raw sugar imports have been
less than in 1930, but coffee imports have been larger.

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




108.9 \

97

100.0

97.7

98
93
94
91
96
94
94
89

97.1
95.8
95.2
93.0
92.9
90.9
91.4
90.8

92.0
90.5
86.3
87.1
89.2
88.6
85.7
81.8

93
92
87
96
91

91.2
90.3
89.9
90.6
90.8

80.1
77.1
76.7
75.6
72.9

74.3
64.9
64.4
53.1
61.2

100
95
92

99.8
97.6
90.6

98.1
94.6
76.5

71.9 !
60. 5
63. 6

54.6

54.3 ! 109.8 i
48.7 ! 116.7 1
93.3 1 111.8
122.5 j 91.4 1
175. 5
91. 2
212. 1
96. 7
148.8 ! 88.5
105. 8
97. 8
! 94.7
! 85.5 i
! 94.0
! 101.2
| 108.4

94.5
97. 3
96. 8

19

0
G^

Thousands

•2§
~ ft
—i O

s

Coffee imports

1

ill
III

Thousands of
bags

Cattle receipts

»%

Total raw sugar imports

Price, No. 3 yellow,
Chicago

Receipts, principal
markets

Price, wtd. average,
6 markets, all
grades

Millions of
bushels

3*
£

Thousands of
long tons

Millions of bushels

4*3

Dollars per
bushel

|

Monthly
;
average,
i
1923-1925 = 100 j

Dollars per
bushel

Monthly
average,
1923-1925=100

Animal products

Corn

Exports, including
flour

OS

Visible s u p p l y ,
Unite States, end
of month

II

•as
as*

Wheat
Ileceipts, principal
markets

d
vd

Crop marketings

+0

Monthly average,
1926=100

Year and. month

Production
adjusted

F. R. B.

Wholesale prices

Food products' industry
1

Visible supply,
United States

Animal products, marketings

FOODSTUFFS

16

1.01

11

16

.87

1, 660

3,431

1,196

591

860

1.01
.94
.83
.85
.79
.76
.70
.73

16
18
17
20
16
15
17
27

12
7
4
4
5
5
7
17

.79
.79
.82
.99
.94
.82
.71
.69

I

1,517
1, 459
1,512
1,605
2,108
2, 377
1,696
1, 736

3,293
3,215
2,918
2,617
2,799
3,441
3,439
4,002

950
959
929
788
652
534
597
737

682
311
395
313
392
360
344
312

915
1,010
801
712
991
1, 159
957
1,098

197
202
207
200
198

10
12
16
24
19
12
8 1
6 1
i
6 i
4 \
5 1
7
10

.71
.71 !
-71 i
.'76

19
19
17
11

18
20
22
20
12

.65
.61
.60
.58
.56

|
'•
|
j

1,508
1, 303
1, 535
1,617
1, 551

4,652
3,704
3,207
3,067
2,938

959
1,092
1,072
1,100
1,062

204
364
515
415
313

1,094
1,289
1,407
1,126
1,415

119
148
201

10 1
10 1
6

1.11
1.09
.73

1

24
24
18

30
20
18

.92
.82
.60

1,539
1,535
1,503

3,916
3,669
3,514

1,242
1,007
1,057

589
422
362

994
1,076
1,266

98

17
19 i
99
85 :
63
29
25 i
22

120
110
162
195
214
205
202
196

29
31
31
21
31
23
17
29

21

i
|
!

19

SURVEY OF CURRENT BUSINESS

July, 1931]

Forest Products
There was also a sharp seasonal rise in May in
marketings of naval stores, the index for the first
five months of 1931 being 14 per cent below the similar
industry, based on consumption of electricity, showed 1930 period, with a slightly better showing as coma slightly greater than seasonal improvement. The pared with 1929.
Southern-pine production, which has been generally
general level of employment and pay rolls for the first
five months of 1931 was, however, about one-third declining since 1925, declined in May as compared
under the same period in 1930 and only one-half of with April, and the level of production in the first
five months of this year was 40 per cent below that of
the average rate of 1923-1925.
Marketings of forest products increased seasonably a year ago. New orders in May showed the usual
in May as compared with preceding months, but the decline from April, with the average orders of the early
rate for the first five months of 1931 was about 15 part of the year more than 25 per cent below those of
per cent below the same period in 1930 and 30 per the corresponding period of last year. With the incent under that of 1929. That the increase in market- creased shipments and decline in new orders in May,
ings was accompanied by increased operations is evi- unfilled orders at the end of May, as is usual at this
dent from the fact that stocks of forest products were season, declined as compared with April. The present
approximately the same at the end of May as at the level for the first five months of the year was about
40 per cent below the same period of 1930.
end of April.
Production of Douglas fir increased slightly during
Carloadings of forest products witnessed the cusMay
as compared with April, but was 33 per cent
tomary sharp seasonal increase in May as compared
with April. The average for the first five months of under the production recorded during May, 1930.
1931 was 40 per cent below loadings for the corre- The average monthly production of Douglas fir during
sponding period in 1930, and only one-half of the the first five months of the year was 35 per cent under
the same period last year and 44 per cent under 1929.
1929 shipments.

MPLOYMENT in the forest products industries was
unchanged in May while pay rolls increased slightly
E
over the April level. The rate of operations in the

FOREST PRODUCTS
General operations

Year and month

Indexes of
marketing

EmPay
Total
Rate of ployopera- ment, roll,
forest Naval
tions
ad- unad- prod- stores
justed justed ucts

Southern pine

Production

UnNew filled
orders orders




Hardwoods

Pro- New Unfilled
duc- orders
tion
orders

Pro- New Unfilled
duc- orders
tion
orders

Carloadings,
forest
products

111.1

89.7

92.8

99.0

158.1

362

366

371

296

311

617

343

102.4
107.3
100.0
97.7
105.6
77. 1
86.3
73.3

73.9
71.6
67.8
65.1
62.4
62.1
60.4
58.8

73.2
70.9
63.0
61.6
60.9
60.4
54.7
50.4

80.1
70.0
65.4
66.0
60.2
68.2
62.9
58.0

174.7
170.7
203.9
171.2
158.2
143.1
112.9
117.7

258
218
224
202
207
211
185
157

229
184
197
189
206
213
177
146

160
151
128
124
112
109
105
99

308
253
190
207
200
208
192
167

291
240
213
223
218
203
186
189

202
199
172
135
176
138
176
188

240
214
172
165
161
158
143
134

195
143
128
139
176
154
133
125

603
557
526
500
475
466
452
456

265
199
160
207
162
159
174
121

82.6
84.2
93 2
91.5
97.2

56.3
56.3
55.7
55.4
55.4

44.0
45.6
46.2
44.9
45.7

55.9
55.9
60.9
64.0
68.4

37.1
25.5
39.7
98.3
136.5

165
154
165
165
148

191
171
174
169
158

116
107
113
104
84

160
179
186
202

192
189
217
224

183
182
197
216

143
158
165
146

169
188
173
154

456
481
473
463

156
138
138
130
165

107.7
96.2
89.7

88.9
76.6
55.8

88.4
73.4
45.3

86.8
72 5

75.4
78.3
67.4

261
159

242
173

185
105

335
288

361
274

375
254

311
254

324
208

636
624

283
238
145

6i.' b

Furniture,
plant
operations,
Grand
Rapids
district

Thou- Per ct.
sands of full
cars
time

Millions of feet board measure

Monthly average 1923-1925=100

1929: May
1930:
May
June
_
_____
July
August
September __
October
November
December _
1931:
January
._.
February
March
April
May
_
.
M o n t h l y average, January
through May:
1929
1930 —
1931

Douglas fir

89.0
61.0
70.0
67.0
79.0
89.0
85.0
81.0
71.0
68.0
63.0
64.0
67.0
93.6
70.2

20

SUEVEY OF CURRENT BUSINESS

[July, 1931

Miscellaneous Industries
LEATHER
An increase of 6 per cent in productive operations
was recorded by the leather industry during May, after
adjustments are made for seasonal variation. The industry in May was operating on a level about 10 per
cent higher than at that time last year. The number
of persons employed in the industry during May was
.about 2 per cent less and the pay rolls almost 3 per
cent less than in April.

and the adjusted index registered an increase of 1.4
per cent during these two months. The number of
employees on the pay rolls during May, however, was
13 per cent less than in May, 1930.
PAPER AND PRINTING
The number of employees on the pay rolls of the
paper and printing industry in May was approximately the same as in April, although a slight decrease
is to be expected at this season of the year. Employment is, however, only 8 per cent under May of last
year. Pay rolls decreased slightly during the month.

NONFERROUS METALS
Copper production during May increased slightly
but was still 29 per cent under May, 1930, and 51 per
cent under 1929. The average monthly production of
FUELS
copper during the first five months of the year was 30
Production of bituminous coal during May was only
per cent under the same period last year. The production of refined lead increased over April but was slightly greater than during April, although an increase
materially under that recorded during May, 1930. in productionr of between 3 and 4 per cent normally
occurs. Ma} production was 21 per cent under May,
Tin deliveries were less than in April.
1930, a reflection of curtailed factory operations.
CHEMICALS
Anthracite production decreased 12 per cent from
Employment in the chemicals group showed less April, a 4 per cent increase being normal for this
than the usual seasonal decline between April and May period.

MISCELLANEOUS INDUSTRIES
Leather
products

Year and month

Shoes,
production

Non ferrous metals

Sole
and
belting,
production

MilMillions of lions of
pairs pounds
1929: May..
1930:
May
June
July
August
_ .- _-.
September.
October
November
December
1931:
January
February
March..
_
_
April
May
Monthly average, January
through May:
1929
. . -_
1930
1931




Paper and
printing

Chemicals

NewsNews- print,
Copper; Lead,
Sul- Nitrate
con- phuric
print,
reof
smelter, fined; Tin de- prosumpliveries duc- tion,
produc- proacid, soda,
imtion
tion
pub- exports ports
duclishers
tion

Short tons

Long
tons

Thousands of
short tons

ThouThouof
sands o! sands
pounds long
tons

Fuel production

ReCrude fined
Ace- Metharof anol,
ar- tate
Bitusenic, senic,
lime, crude, minous
proproproprocoal
ducducducduction
tion
tion
tion

Short tons

MilThoulions of sands of
pounds gallons

An- Crude
thra- petrocite
leum

Thousands of
short tons

Millions of
barrels

29

23

108, 961

63,632

8. 4SO

124

20.1

287

128

1,888

779

10

617

40, 908

6,077

84

25
24
24
28
29
28
19
18

24
24
24
23
23
23
19
22

75, 936
69, 155
67, 638
66, 698
68, 487
70, 419
64, 8 1C)
60, 022

52, 818
50, 721
51,538
52, 980
48,491
50, 402
43, 423
48, 517

5, 710
5, 885
6, 130
5, 695
7,2^0
7, 580
6, 270
7,495

118
108
103
102
95
105
92
99

194
178
164
1J,7
164
183
185
lf,7

507
410
571
170
466
704
309
439

42
19
29
9
19
27
35
36

1, 652
2,168
1,428
1,217
2,077
2, 694
2, 392
1,483

963
1,081
1,032
1,002
1,101
1, 265
1,508
1,439

5
4
4
0
6
7
8

42G
319
193
242
294
380
430
477

35, 954
33, 714
34, 715
35, 661
38, 632
44, 150
38, 122
39, 716

5,841
5, 183
5, 658
6,190
5, 293
7. 576
5,207
6, 080

80
77
77
75
71
73
68
67

20
24
29
30
29

20
17
18
20

53, 429
55, 229
57, 922
52, 085
53, 734

43, 405
39, 464
41, 775
35. 498
39, 519

7,210
5, 100
6, 120
6, 630
5,505

102
89
101
102 j
101

161
l.'O
]79
174
130

305
376
200
311

46
68
120
67

2,803
1, 494
1, 957
1,402

1, 570
1,409
1, 506
964

8
7
8
5

631
470
487
326

38, 542
31, 408
33, 870
28, 478
28, 333

6, 157
5, 391
4, 745
5,700
5,005

66
61
69
73

29
27
26

23
25

104, 582
77, 954
54, 480

60, 299
53, 807
39, 932

8,127
6, 384
6,113

117
116
99

1S9
184
16S

537
479

116
79

1, 395
1,541

875
892

10
8

591
497

43.815
39, 384
32, 126

6. 127
5, 645
5,400

81
78

21

SURVEY OF CURRENT BUSINESS

July, 1931]

INTERNAL-REVENUE RECEIPTS FROM STAMP TAXES FOR THE FIRST
NINE
MONTHS OF THE FISCAL YEARS 1930 AND 1931, BY STATES l
Bonds of indebtedness, capital stock issues, etc.

Capital stock sales or
transfers

Sales of produce (future
delivery)

Playing cards

STATES

1930
Alabama
._.
Arizona
Arkansas
C alif ornia
Colorado
Connecticut
Delaware
Florida
Georgia
- __ _
Hawaii
-..
Idaho
Illinois
_Indiana
Iowa
_ _ _ _ Kansas
Kentucky
Louisiana
._ _ _
Maine
Maryland, including Dist. of Col
Massachusetts
.- _. Michigan
Minnesota
Mississippi
Missouri
_. _ _
Montana
Nebraska
Nevada
New Hampshire
New Jersey
New Mexico
New York
_ __ - North Carolina
North Dakota
- - - - - - Ohio
Oklahoma
Oregon - Pennsylvania
Rhode Island
. _ _ .
South Carolina
South Dakota
Tennessee
Texas
Utah
Vermont
Virginia
_ _ _ _
Washington, including Alaska
West Virginia
Wisconsin
Wyoming
Philippine Islands
Sales of internal revenue stamps by
postmasters
Total (9 months)-

..

- _.

1931

$26, 270. 23
24, 574. 91
12,248. 11
836, 466. 28
61, 438. 90
93, 053. 92
82 202 34
37 293 18
30, 238. 34
30, 099. 79
18, 377. 32
1,211,899. 16
46, 190.48
27, 128. 67
25 413 80
30 552 49
58* 653. 34
12, 097. 44
138, 637. 30
568, 796. 70
383, 930. 27
227,811.57
7, 942. 76
118,114.51
21, 527. 38
45, 875. 47
42, 720. 03
16, 177. 48
237, 579. 63
4, 390. 99
10,319,782.86
19, 784. 36
5 262.06
556, 788. 97
35,131.01
55 103. 18
475, 465. 80
10, 668. 51
5, 785. 12
3. 943. 91
36, 200. 22
74, 196. 55
21,024.28
18, 621. 28
19, 260. 04
233. 292. 07
50, 671. 77
157, 196. 98
4,531.0^
1, 918. 50

$14, 369. 65
14, 708. 22
6, 884. 56
1, 066, 042. 50
45, 984. 91
17, 706. 01
109, 434. 97
19, 046. 19
27, 329. 53
34, 138. 63
17,216.84
723, 137. 83
43, 134. 73
40, 366. 70
54, 718. 63
36, 610. 83
59, 629. 94
14, 774. 07
90, 627. 92
338', 624. 66
217, 744. 87
166, 212. 56
17, 196. 50
104, 146. 90
16 039 20
12, 598. 38
28, 775. 65
1,545.09
542, 463. 08
3, 131. 13
6, 320, 693. 28
8,411.63
1, 705. 61
384, 201. 90
41, 502. 50
47, 916. 42
527, 138. 15
15, 400. 09
6, 389. 79
3, 452. 90
27, 784. 89
74, 549. 17
13, 238. 18
1. 932. 51
19, 605. 76
116,592.49
29, 120. 75
67, 758. 66
7, 699. 79
1, 668. 00

325, 340. 77

348, 473. 80

16, 910, 672. 07

11,949,577.25

1930

1931

1931

1930

$1, 207. 06

2, 327. 58
3, 353. 48

$130. 00
235, 457. 96
5, 131. 87
36, 688. 43
23, 230. 86
13 664 21
5, 000. 54
734. 96

2, 012, 192. 04
489. 70
446. 97

1, 023, 039. 63
'411.84
85.00

6, 041. 22
3, 297. 28
561. 50
30, 822. 10
629, 534. 04
173, 949. 46
12,915.51
719. 12
38, 115. 48

5 113 73
1, 035. 20
212. 00
16. 293. 08
238, 237. 20
63, 786. 71
7, 869. 69
130. 00
28, 354. 46

3, 685. 01

2, 173. 25

79.87
8, 831. 41
321. 56
30, 979, 290. 35
3, 136. 30

23.70
12, 406. 75
1, 235. 53
17, 451, 477. 23
1, 319. 46

74, 813. 17
244. 04
225. 00
476, 676. 47
21, 039. 30

29, 389. 52
161. 74
220. 00
281, 148. 44
12, 115. 96

3, 085. 38
1, 009. 40
4, 066. 45
4, 876. 04
29, 185. 48
6, 905. 80
1, 416. 52

12.80
386. 80
4, 007. 82
66, 247. 32
4, 612. 53
403. 56

34, 986, 320. 45

19, 571, 949. 78

370. 52
341, 039. 91
10, 164. 44
89, 113. 25
10, 772. 24

1931

1930

$458. 00

$257. 64
13.98

1, 816, 659. 03

901, 845. 29

217, 001. 60

86, 638. 99

$0. 60
25.80
6.30
3, 778. 00
440. 90
3, 840. 80

$6.40
3, 056. 60
273. 00
120. 00

2, 874. 40

3, 280. 80

171, 888. 80
30. 50
2.20

307, 076. 70
246. 40
.80

21.00

29.00
40.60

171, 872. 93

69, 568. 77

.60
28.30
290. 90
209. 20
66, 081. 10

100, 621. 50

43, 411. 50

672. 50

174. 00

387. 58

30.60

2.80
63.40
9.00
88, 523. 00
1, 217. 60

.02

3.50

731, 079. 20

689, 906. 80

638, 432. 95

302, 472. 69

189, 513. 40

111, 178. 10
.70

91.00

10.00

2, 3*0, 333. 20

2, 077, 776. 40

58.20
14, 799. 60
16.60

27.50
502. 10
10.80

793. 30

446. 90

1, 707. 50

1, 488. 00

1, 574. 70

715.37

198. 50

197. 00

6, 574. 06

3, 508. 40

396, 266. 20

523, 571. 30

2, 955, 167. 29

1,410,321.71

3, 923, 278. 70

3, 807, 563. 70

SUMMARY OF INTERNAL-REVENUE RECEIPTS FROM STAMP TAXES, ETC.
Fiscal years 1926-1931

1926
Bonds of indebtedness, capital stock issues, etc
Capital stock sales or transfers
Sales of produce (future delivery)
Playing cards
...
Total
1

_

___ _

1927

1938

1929

1930

1931 (9 mos.)

$28, 480, 422. 01 $13, 044, 445. 65 $15, 561, 459. 56 $17, 868, 372. 17 $22,611,274.96 $11,949,577.25
16, 674, 102. 83
17, 137, 185. 75
24, 208, 537. 68 37, 595, 927. 33 46, 698, 226. 86 19,571,949.78
2, 884, 534. 45
3, 599, 875. 58
4, 183, 217. 57
3, 333, 427. 14
1,410,321.71
4,048,498 60
5, 375, 804. 20
4, 819, 292. 50
4, 742, 468. 50
3, 807, 563. 70
4, 213, 414. 03
5, 010, 712. 40
54, 014, 239. 36

37, 345, 551. 43

48, 829, 208. 24

64, 173, 530. 84

77, 728, 669. 90

36, 739, 412. 44

Compiled by the U. S Treasury Department, Bureau of Internal Revenue, and represent revenue receipts from stamp taxes, including tax on playing cards.
act of 1926 repealed the stamp tax on deeds or conveyances, customhouse entries and withdrawals, proxies and powers of attorney, effective Mar. 29, 1926.




Revenue

22

SUEVEY OF CURRENT BUSINESS

[July, 1931

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

1931

1930

1929

1931

ITEM

1929

1930

ITEM

June June June June June June June June June
22 15
20 13
21 14
7
8
6

June June June June June June June June! June
22
15
8
21 14
7
6
20 13

"Composite index, N. Y. Times.. 73.4 74.2 75 9 90.9 92.1 93.1 108.9 108.3 109.3
* Composite index, Business Week- 75.8 77.6 78.1 94.7 89.5 91.3 110.8 109.2 109.0
Detroit employment
74.8
104.5
130.0
Production:
8,6 8.2 8.2 27.8 25.3 25.3 58.4 59.6 59.2
Beehive coke
68.2 68.5 67.6 82.1 81.9 83.6 94.4 96.8 95.2
Bituminous coal
133.3
Buildings (new awards)
78.9
116.0
94.8 94.9 93.8 99.4 99.8 96.5 100.7 100.5 99.2
tElectric current
Petroleum
119.2 118.2 118.8 124. 8 123.5 124.2 132.7 131.7 130.8
Steel ingots
46.1 50.0 51.3 86.5 89.5 93.4 125.0 126.3 126.3
Receipts:
76.6 65.8 59.8 67.7 75.6 83.2 74.1 68.7 71.5
Cattle and calves
20.8 20.0 25.4 17.3 23.8 18.8 27.7 31.2 21.9
Cotton
_ _
Hogs
68.9 61.8 65.2 80.6 72.4 87.8 76.7 87.2 89.7
Wheat
58.5 72.9 127.9 57.4 46.3 57.2 78.9 70.3 68.6
Distribution:
Car loadings
77.1 76.4 79.4 96.0 96.6 97.6 111.6 111.6 110.1
Wholesale prices:
Copper, electrolytic
56.5 58.0 58.7 85.5 84.8 91.3 129.0 129.0 129.0
Cotton, middling __ _
32.4 32.0 31.6 51.8 53.3 58.5 68.0 69.5 69.9

Wholesale prices— Continued.
Fisher's index (1926=100)—
Total (120)
70.0 69.7 70.0 86.2 87.0 87.6 97.5 96.6 95.8
Agricultural products (30). 61.4 60.4 60.4 88.8 90.0 91.2 101.2 99.2 98.5
Nonagricultural products
72.8 73.0 73.2 84.6 85.1 85.4 95.5 95.2 94.2
(90).
Iron and steel composite
75.0 75.0 75.0 81.0 81.0 81.3 89.3 89.5 89.5
Banking and finance:
Bank debits outside N. Y. C. 100.7 89.2 101.3 134.9 114.9 107.9 142.6 127.9 132.3
Bond prices
106.1 105.8 105.1 106.4 106.4 106.4 104.5 104.5 104.5
Business failures (number)
114.7 116.5 111.5 119.7 120.1 119.2 104.9 104.7 103.9
109.9 108.9 108.6 107.5 107.1 106.1 97.8 97.0 96.0
Federal reserve ratio
Interest rates, call
_. .
36.4 36.4 36.4 60.6 68.6 72.7 169.7 187.9 169.7
Interest rates, time
34.3 34.3 38.2 81.8 85.7 85.7 185.7 188.6 194. 3
Loans and discounts
116.7 117.1 117.9 137.0 135.8 136.3 132.4 130.9 130.7
Money in circulation
. 98.3 97.5 96.7 92.3 92.4 92.9 96.1 96.3 96.9
Net demand deposits
109.7 112.2 112.6 112.9 113.3 112.9 107.1 108.5 107.1
Stock prices .
130.0 130.8 123.8 197.7 216.1 230.0 261.2 253.4 250.9
Time deposits
158.6 161.6 162.0 159.4 158.4 157.9 148.3 148.0 149.1

* Relative to a computed normal taken as 100.

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

WEEKLY BUSINESS STATISTICS
1931

1930

1928

1939

ITEM
June 20

June 13

6,644

1,579

6,674
12, 672
1,581

12
2,028
135

June 21

June 14

June 22

June 15

6,585

7,998

1,562

1,656

7,986
18, 630
1,663

8,151

9,199

8,391

1,678

9,431
21 396
1,675

9,278

1,608

1,653

1,480

8,342
25, 043
1,480

1
2,055
92

9
4,038
265

74
1,619
165

219
1,603
158

48
1,031
167

103
594
182

140
1,570
242

97
939
198

188
394
134

219
1,639
126

739, 116
114, 788
30, 614
32, 763
19, 554
217, 133
293, 624
30, 640
626, 050
2,482

732, 453
111,865
30, 606
30, 967
18, 072
218, 710
294, 619
27, 614
613,815
2, 463

760, 890
113, 657
33, 231
34, 397
18, 068
223, 967
306, 824
30, 746
2, 475

920, 645
141, 831
49, 637
39, 697
21, 325
240, 756
364, 206
63, 193
465, 898
2, 599

926, 066
144, 500
50, 070
38, 975
20, 627
243, 045
366, 416
62, 433
462, 079
2,572

935, 582 1, 069, 874 1, 069, 670 1, 055, 768
145, 632
165, 746
167, 122
162, 248
50, 975
70, 903
70, 832
69, 993
38, 557
45, 327
42, 175
38, 974
23, 899
23, 353
23, 525
24, 457
243, 753
259, 376
261, 619
260, 360
369, 316
429, 737
430, 016
420, 282
63, 450
75, 432
74, 381
79, 454
454, 747
239, 176
249, 189
242, 386
2,588
2,765
2,743
2,724

987, 360
154, 284
67, 312
33, 397
24, 380
256, 466
385, 996
65, 525
336, 181
2,376

1.002,813
' 153, 649
66, 363
33, 989
24, 774
259, 237
398, 192
66, 609
330, 499
2,358

242
54
4,644
8, 736
35

208
52
5, 789
21, 703
38

189
66
10, 165
6,795
39

214
45
4,558
13, 599
66

239
62
3,681
13, 639
68

263
49
4,546
7, 791
71

234
72
6,266
9,331
95

217
81
5,582
U, 066
96

226
57
5,451
12, 123
96

230
61
2,887
10, 664
72

242
89
3,105
12, 990
73

106. 3
.078
.088
2. 14
31.03
.74

106.3
.080
.087
2.14
31.03
.73

106.3
.081
.086
2.15
31.03
.73

109.9
.118
.141
2.74
33. 52
.90

109.9
.117
.145
2.76
33.52
.98

109.9
.126
.159
2.80
33.64
1.01

112.9
.178
.185
3.35
36.96
1.02

112.9
.178
.189
3.35
37.07
1.02

112.1
.178
.190
3.33
37.07
.98

110.6
.145
.218
3.34
35.20
1.49

110.6
.145
.212
3.32
35.48
1.49

6,375
4*588

5,371
4,066

6,161
4,615

10, 029
6,145

7,779
5, 234

7,036
4,917

10, 114
6,496

8,771
5,829

9,574
6,026

11, 071
6,431

10. 460
6, 058

2,962
95.03
467

2,107
94.70

474

3,780
94.09
454

2,941
95.26
487

3,012
95.29
489

1,939
95.30
485

1,968
93.55
427

2,848
93.56
426

1,821
93.56
423

2,366
97.07
447

3,213
97.09
441

185
3,526

185
3,445

173
3,427

207
3,234

210
3,244

240
3, 225

959
3,047

934
3,025

977
2,985

991
2,737

1,043
2,734

14, 582
7,862
13, 255
7,191
4.86

14, 641
7,850
13, 552
7,325
4.86

14, 730
7,863
13, 605
7,347
4.86

17, 128
8, 513
13, 638
7, 228
4.86

16, 966
8,402
13, 686
7,182
4.86

17, 038
8,434
13, 633
7,161
4.86

16, 543
9, 161
12, 940
6,724
4.85

16, 364
9,157
13, 108
6,709
4.85

16, 337
9,140
12, 939
6,761
4.85

15, 785
81,963
13, 290
6,916
4.88

15, 877
8,970
13,681
6,928
4.88

1.50
1.50
4,773

1.50
1.50
4,736

1.67
1.50
4,694

3.58
2.50
4,482

3.75
2.83
4,489

3.75
3.00
4, 509

8.13
7.00
4, 669

8.25
7.75
4,675

8.50
7.00
4,704

5.88
6.13
4,727

5. 75
4,728

126. 26
7,110

127. 02
9,304

120. 21
16, 602

192. 02
26, 487

209. 82
21,276

223. 36
11,949

253. 71
17, 045

246. 10
14, 136

243. 66
16, 984

181.48
11,043

1S4. 61
18, 849

93.1
84.1
74.4
150.9

93.8
85.4
72.8
151.0

142. 2
132.6
121. 1
205. 4

157.6
147.6
127.2
231.7

171.5
161.4
132.6
253.9

191.7
191.5
144.6
237.4

187.9
188.8
141.7
227.7

187.3
189.1
143.1
220.7

June 6

June 7

June 8

June 23

June 16

PRODUCTION AND DISTRIBUTION

Bituminous coal production
thous tons
Building contracts (da av ) 37 States thous dolls
Electrical current output
mil kw.-hours
Exports:
Corn
thous. of bush-Wheat
thous. of bush
Wheat flour _. _
thous. of bbls_.
Freight cars:
Loading, total
- cars..
Coal and coke___
cars..
Forest products
cars
Grain and grain products
.
cars_.
Livestock
cars
Merchandise, 1. c. 1
.. _.
cars..
Miscellaneous
cars
Ore
_
- - -- cars..
Net available surplus (da av )
cars
Petroleum product on (da. av.)
thous. of bbls._
Receipts:
Cattle and calves (12 markets)
thous..
Cotton into sight
thous. of bales. _
Wheat, primary markets
thous. bush..
Wool, total, Boston
.
_ thous. Ibs .
Steel ingot production
_per cent capacity _ _
WHOLESALE PRICES

Chemical index
- rel. to 1924, .
Copper ingots, electrolytic, New York
dolls. lb__
Cotton middling New York
dolls Ib
Food index (Bradstreet's)
dolls. Ib
Iron and steel composite
dolls tons
Wheat, No. 2, hard winter, Kansas City... dolls, bu...
FINANCIAL

Bank debts:
New York City
mills, of dolls...
Outside New York City
mills, of dolls...
Bond sale, New York Exchange:
United States Government
thous. of dolls
Average price 40 corporation bonds
dolls..
Business failures
number
Federal reserve banks:
Bills discounted
mills, of dolls..
Total reserves
mills of dolls
Federal reserve member banks:
Total loans and discounts
mills, of dolls
Other loans _
mills, of dolls..
Net demand, deposits
mills of dolls
Time deposits
mills, of dolls
Foreign exchange, sterling. _ _
dolls
Interest rates on brokers' loans:
Time money, New York
_
.per cent
Call money, New York
percentMoney in circulation (daily average) .-mills, of dolls.
Stocks, New York Exchange:
Average price 50 stocks
.. .. - _ dolls
Sales
.thous. of sharesStock prices, average weekly closing:
Industrials, rails, and utilities (404).. rel. to 1926.
All industrials (337)
rel. to 1926.
All railroads (33)
rel. to 1926
All utilities (34).
rel. to 1926.




90.1
82.0
68.7
146.2 ]

140. 6
143.0
124.2
143.7 I

142.4
145.2
124. 5
145.2

23

SUKVEY OF CURRENT BUSINESS

July, 1931]

Monthly Business Statistics
The following table contains a summary of the monthly figures designed to show the trend in important
industrial and commercial movements. These data represent continuations of the figures presented in the 1931
Annual Supplement to the Survey of Current Business, in which monthly figures for the past seven years may
be found, together with explanations as to the sources and basis for the figures quoted. The figures given
below should always be read in connection with these explanations. For later data, which have become available since these data were compiled, see recent Weekly Supplements to the Survey.
CONTENTS
Page

23
24

Industrial indexes
Wholesale prices
Commodity groups:
Automobiles
Chemicals and allied products.
Foodstuffs
Forest products
Leather products
Iron and steel
Machinery
Nonferrous metals
Paper and its products
Printing
Earlier data for items shown here may
be found in the 1931 Annual Supplement to the Survey

26
27
29
33
34
35
37
38
39
40

Commodity groups—Continued.
Rubber and its products
Stone, clay, and glass
Textiles
Tobacco
Miscellaneous
Fuels
Distribution movement
Foreign trade
Employment and wages
Construction
Public utilities
Finance

1931

May

April

40
41
42
44
44
45
46
48
48
50
51
53
1930

March

Febru- January
ary

^ Norom- October SeptemAugust
ber

D

July

June

May

INDUSTRIAL PRODUCTION
Federal Reserve Board
Total, unadjusted
rel. to 1923-25
Total, adjusted.
rel. to 1923-25
Manufactures, total unadjusted rel. to 1923-25-.
Manufactures, total adjusted. ,rel. to 1923-25..
Automobiles
rel to 1923-25
Cement
. __.rel. to 1923-25
Food products
rel to 1923-25
Iron and steel
rel. to 1923-25
Leather ond shoes
rel. to 1923-25
Nonferrous metals
rel. to 1923-25
Paper and printing
rel. to 1923-25 _
Petroleum refining
rel. to 1923-25
Polished plateglass
rel. to 1923-25 .
Rubber tires
rel. to 1923-25
Textiles
rel. to 1923-25 _
Tobacco manufactures
rel. to 1 923-25. _
Minerals, total unadjusted
rel. to 1923-25..
Minerals, total adjusted
rel. to 1923-25
Anthracite
rel. to 1923-25
Bituminous coal.
rel. to 1923-25..
Copper
rel. to 1923-25
Crude petroleum
rel. to 1923-25
Iron-ore shipments
rel to 1923-25
Lead
rel to 1923-25
Silver
.
rel. to 1923-25
Zinc
rel. to 1923-25..

:

152
119
98
97
131
82
87
72
76
70
112

88
86
89
86
68
80
92
73
87
79
111
149
111
94
93
132
84
88
89
73
76
110

77
78
107
144
90
88
86 1
121
86
90 !
93
77
72
110

54

71
54
61

79
63
65

82
62
65

83
68
65

109.8
104.4
109.2
101.3
118.2
119.1

106.4
109.4
105.0
97.6
108.6
114.0

108.2
105.8
105.7
102.8
117.5
115.7

110.3
105.5
109.0
108.0
130.6
120.0

97.6
90.2
100. 2
96.6
105.8
111.0

99.1
86.3
99.0
97. 5
116.4
99. 9

109.8

106.4

108.2

110.3

97.6

89.7
126.8
81.0
97.2
98.5
94.0

90.8
122.0
83.9
91.5
99.5
94.6

94.1
116.8
71.2
93.2
112.2
103.5

88.9
112.9
76.1
84.2
114.0
112.3

67.5
118.3
71.6
82.6
97.4
95.0

106.8
135.1
122.3
89.7
132.0
103.7

108.1
109.6
109.0
92.5
116.5
100.0

119.4
123.0
109. 6
98.3
105. 1
97.3

116.5
127.0
122.0
114.8
102.6
99.3

103.4
111.8
106. 5
113.9
75. 3 i
86.4 i

90
89
91
90
77
96
91
72
108
73
163
112
102
137
85
86
71
75
68
123
78

90
90
92
90
77
90
96
75
102
73
110
161
117
107
98
134
83
92
84
77
2
69
121

90
88
91
88
67
81
87
78
92
77
2110

82
83
81
81
63
84
93
6

78
82
76
80
85
83
89
59




85
85
84
84
74
86
94
65

93
91
91
90
62
111
96
86
95
97
109
165
95
84
88
125
100
94
80
85
89
114
79
101
73
93

90
91
89
91
62
117
91
93
95
96
109
164
65
96
81
130
101
96
88
82
84
117
96
106
70
94

91
95
90
94
75
116
94
93
95
97
111
166
105
93
84
137
100
97
82
86
83
120
95
103
69
91

99
100
99
100
90
119
93
110
97
96
116
170
114
119
84
141
103
100
78
89
86
124
108
99
75
99

106
104
106
105
101
119
98
110
98
101
119
173
143
121
90
134
102
103
80
92
90
127
104
104
80
94

115.3
94.2
116.0
111.8
119.5
135.0

119.0
101.3
125.8
112.3
122.3
130.5

81

:

80

85
101
149
65
73
87
128
89
94
93
85
76
111

!
i
!

87
103
151
91
77
93
119
95
92
83
86
83
114
51
83
73
70

90
87
88
85
49
97
94
75
89
95
107
160
101
88
91
129
104
98
105
87
83
115
74
94
70
90

105.4
96.3
100.6
103. 5
113.4
121. 3

103.2
93.2
107.3
99.6
118.4
116.1

110.7
88.1
110.6
103.1
120.1
130.9

106.9
87.1
112.0
94.3
110.2
125.0

105.1
87.9
109.9
102.9
106.5
129.0

99. 1

104. 3

103.2

110.7

106.9

105.1

115.3

119.0

71. 5 I
107. 1
68. 7
73. 3
102. 3
97. 8

74. 9
124. 4
73. 0
86. 5
99. 5
89. 6

80.9
137.2
84.9
77.1
101.2
87.0

88.4
148.6
73.5
105.6
101.4
97.4

86.6
141.2
87.7
97.7
100.3
95.2

75.3
139.2
97.3
100.0
100.5
95.1

102.9
145.4
96.8
107.3
110.0
106.8

105.8
138.2
66.3
102.4
123.2
116.3

110. 2
117.0
84. 3
99. 0 I
ICO. 6
89. 8

106. 5
112.3
95. 3
105. 5
106. 2
87. 0

126.0
120.0
99.0
121.5
106.3
85.4

110.3
119.3
107.2
124.1
120.5
85.1

112.0
115.1
110.5
122.8
118.2
72.5

109.7
119. 9
103.8
116.8
110.8
79.7

115.2
137.5
104. 8
111.8
136.5
95.3

135.1
132.2
135.3
113.2
121.2
96.0

i

!
;

92
71 i
68 \

Industrial Consumption of Electrical
Energy
Activity by geographic sections:
United States
rel. to 1923-25
New England
rel. to 1923-25..
North Central
..rel. to 1923-25..
Middle Atlantic. . .
rel. to 1923-25
Southern
rel to 1923-25
Western..
rel. to 1923-25
Activity by industries:
All industry
rel. to 1923-25
Automobiles, including
repair parts
rel to 1923-25
Food and kindred products rel. to 1923-25. .
Leather and its products.. _rel. to 1 923-25. .
Lumber and its products.. rel. to 1923-25-Metals group
rel. to 1923-25
Metal working plantS-.rel. to 1923-25. .
Rolling mills and
steel plants
rel. to 1923-25
Paper and pulp
rel. to 1923-25..
Rubber and its pro ducts. __rel. to 1923-25-.
Shipbuilding
..rel. to 1923-25..
Stone, clay and glass
rel. to 1923-25
Textiles
rel. to 1923-25..
2 Revised.

;
!
'
i
!
;

|
i
I
;
|

24

SURVEY OF CURRENT BUSINESS

[July, 1931

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

May

April i March

1930
i
Decem- Novem- October j Septem- August
ber
i
ber
ber
i
i

!

1931
F

|^ru'

January

STOCKS AND ORDEBS
!

New orders total
Stocks, total
Manufactured goods
Raw materials
Unnlled orders, total

July

June

May

56. 7 '
2 144. 4 i
120.6 i
161.7 1
2 62. 1 |

2 55. 4
151.3 !
120.9
173.2 !
264.2

46. 6
153.7 ;
121.0
177.4
3
62. 5 '

48.2
156.8 i
120.8
182. 8
2
64. 7

48.6
163. 7
120.9
194.5
61.8

48.7 !
161.8 :
119. 1 !
192. 6 i
58.7 !
i

56.6
157. 2 !
119.0 •
184. 8
58.6

59.7
144.6
118.6 !
163.5
63.0

63.8
132.3
120.6
140.7
65.3

60.0
125.4
124.5
126.1
74.5

59.4
124.9
125. 4
124.5
75.9

65.3
130.8
125.2
134.8
78.1

73.3 i
75.6 !
77.1

74. 5 !
76.7 I
78.4 ;

75. 5
77.1
79.3

77.0
80.1
80.5

78.4
81.8
81.9

80.4 :!
85. 7
83.7 ;

82.6
88.6
85.6

84.2
89.2
86.8 1

84.0
87.1
86.4

84.0
86.3
86.7

86.8
90.5
88.9

89.1
92.0
91.0

78.4
79.1
60.9

80.9 !
80.1 !

61.6 ;

81.9 i
81.9 i
64.5 j

81.8
82.2
69. 6

82.9
83.6 i
69.8 |

84.4
84.8
70.5

85.6
85.2 :
71.8

85.8
86.0
75.1

86.4 i
86.6 !
76.3

87.4
87.3
75.4

88.9
87.8
75.4

90.0
88.9
76.4

92.9
89.9
78.0

87. 3

87. 3 i

87. 4 l\

86. 6

88.6

91.2

94.0

96.5

99.1

98.9

100.7

102.4

102. 6

89.2
66.3
62.8

90.8 1
67.6 i
63.9 i

90.8 !
69.2 !
64.7 j

90.8 ;
70.4 1
63.9 :

91.1
71.0
64.7

91.3
72.4
66.9

95.2
73. 3
67,8

95.3
73.8
68.8

95.4
75.5
69.7

95,9
77.7 ;
71.2

96.2
80.0
71.7

96.2
82.2
74.5

96.2
84.6
77. 5

73.2
66.5

74. 2 \
68.3 i

75. 6 I
69.4 •

77. 1 '
70.6

77.8
72.9

79.0
74.2

80,1
76.8

81.5
80.0

82.8
82.1

83.3
81.8

84.3
81.1

85.7
84.8

87. 5
87.8

68.9
66.9

71.1 ;
69.0 !
79.2 !

72.2 :
71.4 !
80.9 \

72.3 !
71.0
81.4

73.4
72.0 :
82.7

74.3
73.6
84.7

75.6
76.1
86.4

75.5
77.8
87.6

76.5
79.7
89.2

78.1
80.7
90.6

79.7
80.9
89.8

82.0
81.7
91.0

83.5
83.4
93.4

rel to 1923-25
50.8
rel. to 1923-25
139.9
rel. to 1923-25..
120.0
rel. to 1923-25..
154. 4
rel. to 1 923-25. . 59.6

PRICE INDEXES
Department of Labor Indexes:
All commodities (550)
rel. to 1926- .
Food (121)
.
. . rel. to 1926 .
Finished products (380)
rel. to 1926..
Industrial group commodities—
Building materials (57)..-rel. to 1926—
Chemicals and drugs (78).rel. to 1926- .
Fuel and lighting (23)
rel. to 1926..
Hides and leather products (40)
rel. to 1926- .
House furnishing goods (37)
. _
rel. to 1926
Textile products (75)
rel. to 1926..
Miscellaneotis (25)
rel. to 1926..
All except farm and food products
(384)
.
rel. to 1926
Raw materials (108)...
rel. to 1926.
Semimanufactured articles (62)
rel. to 1926Bradstreet's Index,. _
rel. to 1926-.
Dun's Index
rel. to 1926..

71.3

72 9
75.1

WHOLESALE PRICES
4.50
4.29
3.00
3.00
2.00
2.42
3.11
Acetate of lime
dolls, per cwt..
2.00
2.00 !
2. 00
2. 00
2.00
2.00 !
85.9
81.2
73.4
81.2
82.8
Barley, No. 2, Minneapolis.__dolls. per bush.,
73.4
75.0
76.6
75.0 I
68.7 i
68.7 i
.45
68.7 :
.198
.192
.182
Brass sheets, mill.
dolls, per lb_.
.169
.176
.179 i
.178
.176
.172 ;
.174 !
.171
. 165
.173
Brick, common, red, New York
10. .50
9.50
10.00
9.50
10.00
dolls per thous
9.50
9.50
9.50
10.25 ! 10.00 i
10.00 ! 10.00 !
10.25
.35
.40
.39 i
.35
.33
Butter, common, New York
dolls, per lb-_
.32
.36
.40
.26 !
.29 |
.28 '•
.24
.29
77.8
88.9
73.3
Butter, New York
rel to 1926
86.7
77.8
80.0
88.9
57 8 i
64.4 !
62.2 i
I
71.1
53.3
64.4
1. 6i7
1.600
1.600
1.600
1.600
Cement, Portland (composite) . .dolls, per lb_. 1.399
1.588
1.600
1. 580
1. 422 i
1. 477 i 1. 543 !
1.578 i
92.7
91.1
91.7
Cement, Portland (composite)
rel. to 1926,.
91.7
91.7 i
91.7
90.6
91.7
81.6 {
84. 1 !
87. 9 i
.802
88.5 i
Cheese, American whole milk, New York
.20
.18
.20
.19
.18
.19
.19
dolls, per lb-_
.15
i
.
16
i
.
16
:
.14
.17
97
94
94 !
95
94
94
96
Chemicals
rel. to 1927—
93
90 '
90 '
89 !
90
.092
.072
.072
'
.093
.089
.076
Coffee, Rio, No. 7, Brazil grades.dolls. per lb-_
i
.070
.079
.053
!
.056
i
.064
1
.068
."06l"
.1031
.1205
.1011
.1069 i .1102
Copper ingots, electrolytic
dolls, per lb_.
.0960
.0939 i .0985
.0972 ! .0984 i . 1030
.0867
*92.' 5
79.9
74.7
77.5 !
87.3
Copper ingots, electrolytic
_.rel. to 1926—
73.3
74.6
69.6
68.0
71.4 i
70.4 !
62.8
71.3 [
Coal:
i
Anthracite14.33
14.32
14.80
14.57
14.53
14. 89
Retail, composite-dolls, per short ton..
14.90
14.87
14.39
14.85
14.85 j 14.88 j
14.19
Wholesale, composite
12. 441
12. 707
12. 578
12. 366
12. 251
12. 751 12, 762
12.202 ! 2 12. 608
dolls, per short ton-- 12. 270
12. 732 1 12. 732 1 12. 751
90.4
91.4
89.0
92.3
89.8 |
Wholesale, composite
rel. to 1926—
92.6
92.7
88.6 ; 91.6
92.6
89.1
92.5 |
92.5 1
Bituminous—
Mine average (spot)
I
1.67
1.67
1.81
1.75
1.68
dolls per short ton
1.78
1.77
1.64
1.71
1.60
1.69
1.77 i
1.77
i
Prepared sizes (composite)
4.085
4.156
4.096
4.342
4.303
4.180
....
dolls, per net ton __ 3.838
4. 336
3.845 I 3.999
4.223 ! 4.270 ! 4. 317
85.2
85.4
87.2 j
86.7
89.8
90.6
80.2 i
Prepared sizes (composite) rel. to 1926—
90.0
90.5
83.4
88.1 ;
80.1
89.1 i
8.53
8.54
8.79
8.70
8.65
8.94
8.94
8.88
Retail, composite. dolls, per short ton-8.85 i
8.04 :
8.85 1
8.83 1
8.87 ;
|
1
Wholesale, composite
3.892
3.892
3. 892
3.897
3.891
dolls, per short ton. _
3.900
3.893
3.723 ! 3. 760 ! S 3. 791 ! 3.814 ! 3.829 ! 3. 898
90.4
90.2 |
90.2
90.4
90.2
90.2
90.4
90.3
87.2 j 2 87. 9 |
Wholesale, composite
rel. to 1926-.
86.3 !
88. 4
88.8 |
Coke, furnace, Connellsville
2.53
2.52
2.50
2.60
2.55
2.58
2.60
2.55
2. 50 !
dolls per short ton
2.48 1
2. 50 !i
2. 53 I
2.55 !
61.5
62.1
61.4
60.9
62. 1
63.3
62.7
63.3
60.9 1
60.3 :
60. 9
61. 5 !
Coke, furnace, Connellsville
rel. to 1926 ..
62.1
.0850
.0825
.0869
.0670
. 0775
.0675
Cocoa, spot, Accra, New York.. dolls, per lb_.
.0688
.0494 | .0535 ! .0550
.0563
.0619 : . 0675
Corn:
.79
.82
.79
.82
.94
.99
.71
No. 3, yellow, Chicago. ..dolls, per bush-.69
.58 !
.56 ;
.65 i
. 60 !
.61
105.3
109.2
105.3
131.2
125.3
94.7
109.3
74.7
77.3 i
No. 3, yellow, Chicago .
rel. to 1926..
92.0
80. 0 !
81. 3
86.7 i
.78
.92
.80
.82
.89
.80
.69
.52
No. 3, Kansas City
dolls, per bush
.53 :
.54 i
.54 i
.66
.59
.80
.84
.81
.97
.99
.76
.88
No. 3, White, Chicago... .dolls, per bush..
.58
.56 ;
. 60 j
.63
.73
.68 |
Cotton:
.145
.114
.140
.092
.099
.119
To producer.
dolls, per lb..096
.088 :
.087
.093
.096
.091
.086 '
.164
.121
.132
.145
.109
In New York, middling
dolls, per lb_.
.101
.110
.107
.093 |
.102
.102 j
. 109 j
. 110
Cottonseed oil, refined, yellow,
.088
.084
.083
.081 |
.080
.069
prime, New York
dolls, per lb._ I
.072
.076
.076
.076
.076
.073
.073
Cotton goods:
.061
.054
.056
Print cloth 64 x 60..
.dolls, per yd.055
.053
.050
.050
.053
. 055 1
. 053
.052 !
.053
.057
80.2
74.7
72.9
70.4 i
65.7 i
69. 6
Print cloth, 64 x 60
rel. to 1926—
70.4
75. 5 !
66.6
71.8
73.3 !
69.6
68.8 1
.078
.075
.058
. 059
Sheeting, brown
.dolls, per yd..
.070
.070 !
.059 i
.065
.065 1
.066
.066
.070
.062 !
83.9
Sheeting, brown
rel. to 1926-.
80.3
62.8
63.2
75.1
74.9
75.3
69.9 !
70.9 i
63.3 !
69.8
71. 3
67.0
137
134
130
124
124
115
119
121 I
119
Cotton goods (Fairchild). rel. to 1911-1913122 I
124 |
126
120
Cotton yarns:
9
9
931
.290
.252
.262
.273
22/1 cones, Boston
dolls per Ib
.254
.242
?23
.235
40
39
.247 !
.248
80.9
62.2
67.4 |
76.2
22/1 cones, Boston.
rel. to 1926..
73.1 i
64.5
71.0
65. 5
70.3
66. 8 '
66. 7
68.8 i
69.1 ,
.473
40/15 southern spinning
.dolls, per lb_.
.420 i
.435
.461 i
.353
.369
. 382
. 390
.390 j .405 ! .413
.447 !
.390 ;
i
Drugs and Pharmaceuticals
176
176
176
174 \
175
rel. to Aug., 1914- i
175 !
176
176
157
160
175 1
176
175
161
154
139
Drugs, crude
rel. to Aug., 1914.. 1
143
147
130
137 i
137
131
137 i
130 :
131
133
113
Essential oils
rel. to Aug., 1914.. !
91
79
82
107 !
Ill
85 !
87
90
97
81
80
81
2.68
2.32
Flaxseed, No. 1, Minneapolis.. dolls, per bush..
1.90 |
2.71
1.55
1.65
1.80
2.00
1.57
1.58 ;
1.56
1. 61
1.57 ;
Flour, see under wheat flour.
j
Food, wholesale, see under individual items.
150. 1
147.9 |
124. 0
144.4 :
145. 6
121.0
Food, retail (Dept. of Labor)
rel. to 1913..
137. 2 | 141.4
143.7
144.0
126.4
127.0
132.8 ;
Hides:
Green salted, packers'
.143
.152
.146
.141
.085
.092
heavy native steers
dolls, per lb_.
.133 !
.136
. 090 •
. 073
.095 !
.107
.118
i
Green-salted packers'
102.0
84.2
100.1
108.3
60.2
64. 1 i
52. 1
103. 8
heavy native steers
_rel. to 1926..
67.7
75.9 !
94.8 1
96.7
65. 5
.169
.175
,144 i
.172 !
.161
.129 !
.156 j
.165
.165
Calfskins, country, No. 1
dolls, per lb_. !
.135
.128 :
.117
.125 ;
100.9
97.3
95.2
99. 2 !
95.2
74.1 I
73.4 !
67.4
83.0 I
89.7 !
93.0
Calfskins, country, No. 1
rel. to 1926.. 1
71.8 1
77.9
»Revised.




:

.18

25

SURVEY OF CURRENT BUSINESS

July, 1.931]

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

1930

1931
May

April

March

Fc

*"- January

Decem- Novem- October Septem- August
ber
ber
ber

July

June

May

WHOLESALE P&ICES— Continued
Hosiery
rel to 1926
Iron and steel, metals and
metal products rel. to 19?6
Iron, raw:
Basic (valley furnace). dolls, per long ton_Basic (valley furnace)
rel. to 1926—
Composite pig iron
dolls, per long ton..
Foundry No. 2,
northern
dolls, per long ton-..
Foundry No. 2, northern
.rel. to 1926- Lard, prime contract, New
York
dolls, per J b _ .
Lead, pig, desilverized, New
York.
dolls, per Ib
Lead, pig, desilverized, New
York. .
_
rel to 1926
Leather, composite, wholesale
price
rel. to 1926Leather, sole and belting, oak,
and scoured backs
dolls, per Ib-Leather, sole and belting, oak,
and scoured backs
rel. to 1926—
Leather, upper, composite,
chrome, calf black," B "grade. dolls, per sq.ft...
Leather, hides (see under hides).
Leather, shoes (see under shoes).
Linseed oil, New York _
dolls, per Ib
Lumber:
Composite, wholesale prico.-.rel. to 1926—
Southern yellow
pine
dolls per M ft b m
Southern yellow pine
rel. to 1926—
Douglas fir, No. 1,
common
dolls, per M ft. b. m._
Douglas fir, flooring, 1 x 4, "B"
and better (V. G. Washington)
..dolls, per M ft. b. m__
Meats:
Beef, fresh, carcass, good
native steers, Chicago
dolls, per lb_.
Beef, fresh, carcass, good
native steers, Chicago
rel. to 1926—
Beef, fresh, carcass, steers,
New York
dolls, per Ib—
Beef, fresh, carcass, steers,
New York
rel. to 1926—
Cattle, corn-fed, Chicago.dolls. per 1001bs_.
Cattle, corn-fed Chicago
rel. to 1926—
Hogs, heavy, Chicago-dolls, per 100 lbs__
Hogs, heavy, Chicago
rel. to 1926—
Sheep, owes, Chicago
dolls, per cwt__
Sheep, ewes, Chicago.—
-rel. to 1926—
Sheep, lambs, Chicago
dolls, per Ib—
Sheep, iambs, Chicago
rel. to 1926—
Pork, hams, smoked, Chicago
dolls. perlb—
Pork, hams, smoked, Chicago
rel. to 1926Western dressed steers, New York
dolls, per Ib
Methanol:
Refined
dolls, per gal
Milk, condensed, New York. _ dolls, per case—
Milk, evaporated
dolls, per case—
Nonferrous metals
— ... rel. to 1926
Oats:
No. 3, white, Chicago
dolls, per bush..
No. 3, white, Chicago
rel. to 1926—
Oils and fats
rel. to 1927..
Oleomargarine, standard, un colored,
Chicago
_
dolls, per Ib
Oleomargarine, standard, un colored,
Chicago __ _. __ _
rel. to 1926
Paper, newsprint roll, delivered,
New York
dolls per 100 Ibs
Paper, newsprint roll, delivered,
New York
rel. to 1926—
Petr oleum:
Crude, Kansas-Oklahoma_dolls. per bbl__
Crude, Kansas-Oklahoma
rel. to 1926—
Gas and fuel oils, Oklahoma 24-26,
refineries
dolls per bbl
Gasoline, New Y o r k _ _ .
dolls, per gal..
Kerosene, 150° water white_dolls. per gal—
Lubricating oil, cylinder
dolls, per galPig iron, foundry No. 2,
Pittsburgh .
dolls, per long ton
Pig iron, foundry No. 2, Pittsburgh
rel. to 1926
Potatoes
dolls, per bush-Potatoes
rel. to 1926—
Rayon, 150 denier "A" grade,
New York
dolls, per Ib—
Rosin, gum "B," New York— dols. per bbl—
Rubber, crude, smoked sheets,
New York
dolls, perlb-Rubber, crude, smoked sheets,
New York
rel to 1926
Rye, No. 2, Minneapolis
dolls, per bush-Rye, No. 2, Minneapolis
rel. to 1926—
Sheeps, ewes, Chicago
dolls, per 100 Ibs—
Sheep, ewes, Chicago
rel. to 1926—
Sheep, lambs, Chicago
dolls, per 100 Ibs—

62995—31
4



50.8

50.8

51.9

51.9

51.9

58.3

58.3

60.5

62.6

64.8

69.1

69.1

73.4

87.8

88.7

89.0

88.9

89.3

90.0

90.2

90.4

91.8

92.7

94.3

95.4

96.8

16. 25
87.6
16.64

16. 50
89.0
16.75

16.50
89.0
16.72

16. 75
90.3
16.82

17.00
91.7
16.94

17.00
91.7
17.01

17.00
91.7
17.14

17.00
91.7
17.30

17.60
94.9
17.79

18.00
97.0
17.99

18.10
97.6
18.22

18.50
99.7
18.55

18.50
99.7
18.66

18. 76
91.0

18.76
91.0

18. 26
88.6

18. 51
89.8

18.76
91.0

18.76
91.0

18. 76
91.0

18.89
91.6

19.56
94.9

19.76
95.8

19.86
96.3

20.26
98. 3

20.26
98.3

.082

.090

.094

.085

.090

.100

.112

.119

.119

.114

.100

.102

.107
. 0552

.0382

.0441

. 0453

. 0455

. 0480

.0510

.0510

.0515

.0550

. 0549

.0525

.0541

45. 4

52. 4

53.8

54.0

57.0

60.6

60.6

61.2

65.3

65.2

62.4

64.3

65.6
104.2

88.1

88.4

88.4

89.0

90.8

91.5

93.3

96.7

98.2

99.9

100.1

102.9

.37

.37

.37

.37

.38

.40

.41

.41

.44

.46

.46

.44

.46

,„

100.4

104.9

.371

.371

104.9

81. 4

84.4

84.4

83.3

86.7

91.3

93.5

93.5

100.4

104,9

.380

.356

.352

.354

.359

.355

.367

.372

.372

.371

.088

.092

. 095

.092

.088

.092

.094

.099

.105

.131

.140

.140

.140

68.4

73.3

74.2

73.2

76.0

78.1

80.1

80.2

80.8

81.1

83.3

85.3

89.7

28.82
63. 9

28.32
62.8

29. 66
65.8

28.42
63.0

30.73
68.1

32. 51
72.1

33.44
74.1

34.01
75.4

33.48
74.2

31.72
70.3

33.89
75.1

33.06
73.3

36.53
81.0

11.64

12. 12

12.68

12.86

12.82

12.99

13.25

12.98

13.14

13.44

14.47

14.30

15.16

28.33

29.74

31.14

31.65

31.33

31.73

33.40

33.77

34.58

35.65

36.57

36.94

38.19

.143

.160

.169

.178

.195

.195

.195

.195

.»

.168

.174

.195

86.8

97.1

102.8

108.1

118.8

118.8

118.8

118.8

116.1

102.4

105.7

118.8

.215
130.9

.172

.180

.196

.205

.205

.205

.205

.203

.173

.177

.218

.220

90.8
7.675
80.5
6.40
51.9
2.44
37.0
8.356
61.0

100.8
8.563
89.9
7.08
57.4
3.29
50.0
8.76
64. 0

105. 4
9.075
95.2
7.18
58.2
3.79
57.5
8.27
60.4

115.0
9.106
95.6
6.73
54.5
3.69
55.9
8.31
60.7

120.1
10.00
105.0
7.34
59.5
3.44
52.1
7.98
58.3

120.1
10.58
111.0
7.94
64.3
2.93
44.4
7.40
54.0

120.1
10.31
108.2
8.86
71.8
3.38
51.2
7.13
52.0

120.1
9.97
104.6
9.86
79.9
3.84
43.1
7.03
51.3

118.6
10.33
108.4
10.58
85.8
3.08
46.6
7.35
53.6

101.1
9.14
95.9
9.78
79.2
3.09
46.9
7.72
56.3

103.7
9.28
97.4
8.94
72.5
3.06
46.5
8.13
59.3

127.4
10.73
112.6
9.68
78.4
3.45
52.3
9.73
71.0

128.9
11.56
121.3
10.02
81.2
4.78
72.5
9.04
66.0

. 155

.182

.184

.187

.195

.207

.213

.222

.221

.227

.229

.230

.233

.228

59. 2

59. 7

60.7

63.5

67.1

69.2

72.1

71.7

73.8

74.4

74.7

75.6

73.9

. 155

.172

.180

.196

.205

.205

.205

.205

.203

.173

.177

.218

.220

.35
5. 65
3. 30
60. 6

.35
5.65
3.50
65.1

.40
5.65
3. 50
67.1

.40
5.79
3.50
66.1

.40
6.03
3.75
67.4

.40
6.03
3.80
69.7

.40
6.03
3.80
68.4

.40
6.03
3.80
67.8

.40
6.03
3.80
71.2

.40
6.03
3.80
72.7

.40
6.03
3.74
73.5

.40
6.13
3.69
78.1

.40
6.13
3.95
80.6

.28
68.3

.30
73.2
72

.31
75.6
71

.32
78.0
68

.32
78.0
71

.34
82.9
73

.33
80.5
73

.36
87.8
74

.38
92.7
78

.39
95.1
87

.35
85.4
88

.38
92.7
89

.41
100.0
92

.128

. 145

.145

.155

.177

.190

.205

.205

.205

.205

.205

.228

.235

55. 9

63. 5

63.5

67.9

77.6

83.3

89.8

89.8

89.8

89.8

89.8

99.7

3.10

3.10

3. 10

3.10

3. 25

3.25

3.25

3.25

3.25

3.25

103.0
3.25

89.9

89.9

89.9

89.9

94.2

94.2

94.2

94.2

94.2

94.2

1.178
62.5

1.178
62.5

1.178
62.5

.625
.163
.052
.210

.675
.163
.055
.284

. 530
28.1

.530
28.1

.594
31.5

.850
45.1

.850
45.1

.850
45.1

.850
45.1

1.098
58.3

1.178
62.5

.133
.045

.488
.133
.048
. 145

.510
.133
.051
.145

.588
.138
.053
.146

.600
.135
.054
.165

.610
.141
.054
.172

.650
.141
.053
.184

.594
.143
.054
.186

.580
.148
.053
.190

.600
. 163
.050
.193

18. 76

18. 76

18.26

18.51

18.76

18.76

18.76

18. 89

19.56

19.76

19.86

20.26

91.0
.870
47

91.0
.908
49

88.6
.849
46

89.8
.867
47

91.0
.903
49

91.0
.898
48

91.0
.950
51

91.6
1.017
55

94.9
1.099
59

95.8
1.088
59

96.3
1.294
70

98.3
1.486
80

.75
4.70

75
4.73

.75
4.64

.75
4.38

.75
4.45

.95
4.95

.95
5.29

.95
5.54

.95
5.80

.95
5.39

.95
5.90

1.15
6.50

.064

.064

.077

.076

.082

.089

.089

.084

.080

.100

111

.124

13.2
.36
39.1
2.44
37.0
8.36

13.2
.35
38.0
3.29
50.0
8.76

15.9
.36
39.1
3.79
57.5
8,27

15.7
.37
40.2
3.69
55.9
8.31

16.9
.38
41.3 i
3.44 •
52.1
7.98 i

18.4
.44
47.8
2.93
44.4
7.40

18.4
.43
46.7
3.38
51.2
7.13

17.3
.49
53.3
3.84
43.1
7.03

16.5
.55
59.8
3.08
46.6
7.35

20.6
.60
65.2
3.09
46.9
7.72

22.9
.55
59.9
3.06
46.5
8.13

25.6
.57
62.0
3.45
52.3
9.73

94.2
1.178
62.5

.744
.163
.060
.340
20.26

98.3
1.502
81
1.15
6.34
.142
29.3
.65
70.7
4.78
72.5
9.04
72.5

26

SUEVEY OF CUERENT BUSINESS

[July, 1931

MONTHLY BUSINESS STATISTICS—Continued
1930

Earlier data for items shown here may i
be found in the 1931 Annual Supplement to the Survey
May
WHOLESALE PRICES— Continued
Sheep, lambs, Chicago
... __rel. to 1926_ _ j
Shoes, men's black calf blucher,
\
Boston
dolls, per pair.. I
Shoes, men's black calf blucher,
!
Boston
rel. to 1926..;
Shoes, men's dress welt, tan calf,
'
oxford St Louis
dolls, per pair
Shoes, men's dress welt, tan calf,
I
oxford, St Louis
- . rel. to 1926..
Shoes, women's black kid, dressed
j
oxford welt lace
dolls, per pair _ i
Silk, raw, Japanese, 13-15,
New York
dolls, per l b _ _ ;
Silk, raw, Japanese, 13-15,
\
New York
rel. to 1926. J
Silk goods, composite
dolls, per yd
Steel beams, mill, Pittsburgh. .dolls, per cwt-.i
Steel beams, mill, Pittsburgh
rel to. 1926. J
Steel, crude:
Composite, finished steel
dolls, per 100 lbs..j
Iron and steel, composite
dolls, per long ton .:
Steel billets, Bessemer. dolls, per long ton_.|
Steel billets, Bessemer
rel. to 1926. _|
Structural steel beams. -dolls, per 100 lbs_.^
Structural steel beams
rel. to 1926..
Sulphuric acid
dolls, per 100 lbs._
Sugar:
\
Retail average, 51 cities
rel. to 1913..
Retail granulated, New York. dolls, perlb..
Wholesale, 96° centrif.,
New York
dolls, per lb._
Wholesale, 96° centrif.,
New York
.
rel. to 1926. _
Wholesale, granulated,
New York
..dolls, perlb..
Wholesale, granulated,
New York
rel. to 1926. .!
Tea, Formosa fine, New York... dolls, per lb._
Textiles, general
rel. to 1926. .
Tin, wholesale, straits,
i
New York
-dolls, per l b _ . j
Turpentine, gum, southern,
New York
dolls, per gal..|
Wheat:
!
No. 1, northern spring,
;
Minneapolis
dolls, per bush..!
No. 1, northern spring,
Minneapolis
rel. to 1926—
No. 2, red winter,
St Louis
..dolls, per bush..'
No. 2, red winter, St. Louis... rel. to 1926—
No. 2, hard winter,
Kansas City
dells, per bush..
No. 2, hard winter,
Kansas City
rel. to 1926..
Wheat flour:
Standard patents,
Minneapolis
- dolls, per bbl
Standard patents,
Minneapolis
rel. to 1926. _
Winter straights,
Kansas City
dolls, per bbl..
Winter straights,
Kansas City
rel. to 1926..
Wool:
Raw, territory, fine, scoured.dolls. per lb-_
Raw, Ohio and Pennsylvania, fleeces,
H blood, combing grease .-dolls, per lb._
Suiting, 13 oz
.
.dolls, per yd..
Suiting 13 oz
- rel. to 1926Women's dress goods, French
serge, 39-in
.
_.
dolls, per yd._
Women's dress goods, French
serge 39-in
rel. to 1926
Worsted yarns
-- -dolls, per lb_.
Worsted yarns
rel. to 1926
Zinc, prime western
dolls, per lb-~
RETAIL PRICES
Retail food index (Dept. of Labor) _rel. to 1913. .
Retail coal index (Dept. of Labor) .rel. to 1913. .
FARM PRICES
Cotton and cottonseed (2)
rel. to 1909-14..
Dairy and poultry products (4)_rel. to 1909-14. .
Fruits and vegetables (9)
rel. to 1909-14..
Grains (6)
rel. to 1909-14. .
Meat animals (5)
. . _ rel. to 1909-14. _
Unclassified (5)
rel. to 1909-14
All groups (31)
. rel. to 1909-14..
AUTOMOBILES
Production index (Fed. Res. Bd.)
rel. to 1923-25. _
Production index (elect, energy consumed)
rel. to 1923-25..
Accessories and parts, shipments:
Accessories— _
rel. to Jan., 1925..
Original equipment
rel. to Jan., 1925
Replacement parts
rel. to Jan., 1925..
Service parts.. _
rel. to Jan., 1925..




March

April

* e bru- january

i
• SeptemDecemAugust
" berm~ (->ct°t>er
ber
ber
i
!

July

I
j

June

May

61.0

50.0

60.4

60.7

58.3

54.0

52.0

51.3

53.6

56.3

59.3

71.0

6.75

6.75

6.75

6.75

6.75

6.75

6.75

6.75

6.75

6.75

6.75

6.75

6.75

105.5

105.5

105.5

105.5

105.5

105.5

105.5

105.5

105. 5

105.5

105. 5

105.5

105.5

4.60

4.60

4.60

4.60

4.60

4.72

4.85

4.85

4.85

4.85

4.85

4.85

4.85

95.0

95.0

95.0

95.0

95.0

97.3 \

100. 2

100.2

100.2

3.66

4.25

4.25

2.807

2.709 ;

2.463

2.512

2.413

45.3
1.02
1.63
83.0

43.7 !

39.8
1.02
1.60
81.7

40.6
1.02
1.60
81.7

39.0
1.04
1.60
81.7

2.266

36.6
.
1. 65
84. 3

2.266

2. 561

36.6
.99
1.65
84.3

41.3
.99
1.65
84.3

2.709

43.7
J.OO
1.65
84.3 ;

2.22

2.23

2.22

2.22

31. 39
29.50
84.3
1.65
84.3
.75

31.61
30.00
85.7
1.65
84.3
.75

31.66
30.00
85.7
1.65
84.3
.75

31. 65
30.00
85.7
1.65
84.3
.75

31.70
30.00
85.7
1.63
83.0
. 75

102
.050

104
.050

106
.051

107
.053

107
.053

.032

.033

.033

.033

73.5

75.6

75.8

76.3

.043

.044

.043

78.3
.225
66.3

80.1
.225
67.6

. 2320

2.21

1.02 ;

1.60 i
81.7 !
i

l

66.0

100.2

100.2

100.2

100.2

4.25

4.25

4.25

4.25

4.25

4.25

2.955

2. 955

3.251

3.940

47.7
1.06
1.65
84.3

47.7
1.08
1.65
84.3

52.5
1.09
1.70
86.8

i
I
;
j

63.6
1. 11
1.80
91.9

2.20

2.22

2.24

2.26

2.29

2.33 ;

2.35

32.31
31.00
88.6
1.60
81.7
.75

32.67
31.00
88.6
1.60
81.7
.75

33.01
31.00
88.6
1.65
84.3
.75

33. 25
31.00
88.6
1.65
84.3
.75

33. 53
31.00
88.6 i
1.70
86.8
.75

33.84
32. 50
92.9
1.80
91.9

!

31.95
31.00
88.6
1.60
81.7
.75

107 '
.053 !

107
.053

106
.053

107
.054

111
.054

111
.054

111
.055

115
.057

.034

.033

.034

.033

.031

.032

.033

.032

.032

77.9

75.8

78.8

76.3

72.1

73.0

75. 3

74.4

74.0

.045

.046

.046

.047

.044

.043

.044

.046

.045

.048

79.2
.225
69.2

81.4
.225
70.4

83.4
.225
71.0

83.2
.225
72.4

85.0
.225
73.3

80.8
. 223
73.8

79.2
.224
75.5

80.3
.290
77.7

84.1
.292
80.0

82.7 !
.300 !
82.2

86.7
.300
84.6

. 3030 |

.3213

2.19 1
31.76
30.60
87.4
1.60
81.7
.75

i
'
!;

. 2512

. 2707 ;

. 2631

.2610

.2527

. 2589

.2686

.2964

.3002

.2981

.54

.56

.53

.45

.44

.42

.43

.41

.44

.41

.43

.47

.49

.81

.79

.76 i

. 75

.76

.77

.75

.82

.87

.91

.92

1.00

1.07

57.6

58.2

63.3 !

67.7

.85
54.8

1.05
67.7

1.14
73.5

51.3
.79
51.0
.73

49.0

50.0

48.1 |

.80
51.6
.73 |

49.0

47.5

48.7

48.1

47.5

55.1

51.9

.78 !
50.3 !

.79
51.0

.78
50.3 1

.83
53.5

.83
53.5

.87
56.1

.88
56.8 1

.70

.69

.69

.71

.69

.74

.78

1

.81

.80

.89

.99

47.0

46.3

46.3

47.7

46. 3

49.7

52.3

1

54.4

53.7

59.7

66.4

.89
57.4

:

4.85

4.71

4.67

4. 85

4.96

4.89

4.69

4.98

5.08

5.34

5. 51

5.83

5.97

57.6

55.9

55.4

57.6

58.9

58.0

55. 7

59. 1

60.3 i

63.4

65. 3

69.1

70.8

4.14

4.02

4.00

4.06

4.09

4.03

4.14

4.23

4.44 !

4.56

4.64

4.09

5. 27

62.8

64.0

68.9

72.7

.76

.76

.76

.77

.31
1. 601
79.8

.31
1.696
84.6

.31
1. 756
87.6

.29
1. 756
87.6

57.1

55.4

.63

.65

.66

.22
1. 494 !
74.5

.22 i
1. 543 ;
77.0 i

.20
1.494
74.5

55.2

56.0
.66

55.6

56.3
.68

57.1

. 72

.72

.26 !
1. 601 i
79.8

.90

.90 !

.90

.90

.90

.90

87.0
1.17
81.8
.0410

87.0
1.20
83.6 i
.0427

87.0
1.20
83.6
. 0406

87.0 '
1.20
83.6
. 0427 ;

87.0
1.20
83.6
. 0436

87.0
1.20
83.6
. 0435

87.0
1.20
83.6
.0444

87.0
1.23
83.6
. 0464

145. 6
187.0

1

143. 7
184. 1

144.0
183. 6

147.9
180.9

150. 1
181.0

148
100 1

128
67
111 '

94
115
149
101
119
70
108

99
111
173
92
127
75
111

115
114
193
106
141
79
123

119
120
193
105
142
78
124

62

62

75

90

101

86.6

75.3

102.9

105.8

60
87
132
104

65
83
127
115

71
119
131
128

78
153
137
165

.27
1. 601
79.8

.29
1.601
79.8

.90

.30
1.601
79.8

.90

1.00
69. 7
. 0331

1.00
69. 7
.0372 j

1.00
69.7 !
. 0400 1

1.10
76.6
. 0401

121.0 i
179.4

124. 0
181.8

126.4
187.7

127.0
187. 6

132.8
188. 1 i

137. 2
188. 1

141.4
188.0

144.4
187. 9

i
i
J

73
120
108
80
112
70
97

80
130
114
80
118
73
103

76
126
127
92
123
70
106

77

377

89.7

1
!
i
!

i

90.8
66 i
127
127
118 ;

.31 !
1.601 !
79. 8 |

.23
1. 601
79.8

.90

78
96
120
74
106
63
91

.76

.75

87.0
1. 10
76.6 i
. 0404

74
87
119
74
99
62
86

61.3 1

58.3

80
99 !
109 !
74
106 1
9165 !

76
95
109 1
75 !
106
67
90 |

72
108
108
77
112
69
94

67 i

68

63

94. 1 |

88.9 !

65
117 1
110
115

53
95
99
97

!
1

I

67.5 j
46 !
84 i
98
92 1

1
;
i
1

!

85

71.5 ;
i
55
64 ;
100 !
75 !

74.9
63 I
62
127 I
80 !

i
!
!
!

1
1

49

80.9 j
79 1
75 !
140
99 i

83
123

88.4
76
79
139
105 1

27

SURVEY OF CURRENT BUSINESS

July, 1931]

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

193O

1931
May

April

Febru- January
ary

March

Decem- Novem- October Septem- August
ber
ber
ber

July

June

May

AUTOMOBILES— Continued
Electric industrial trucks and tractors:
Shipments69
Domestic
number..
Exports
number. _
Exports (assembled) :
From Canada1,512
Total
no. ofcars..
1, 083
Passenger cars..
no. of cars-429
Trucks
.
.
no. of cars. .
From United StatesTotal
no. of cars.. 12, 966
Passenger cars
no of cars
8, 468
4,498
Trucks
no. of cars..
Financing:
Wholesale dealers
thous. of dolls.. 72, 567
Total consumers . thous. of dolls.. 109, 557
New cars—
thous. of dolls.. 68, 638
Used cars
.
thous. of dolls. _ 37, 858
3,062
Unclassified
...thous. of dolls~_
Fire-extinguishing equipment:
Shipments74
Motor vehicles
number
Hand types
. number, _ 31, 117
New passenger-car, registrations
total no. of cars.
Prod'uction, actual:
CanadaTotal
no of cars
12, 738
Passenger cars
no. of cars.. 10, 621
Trucks .
.
no. ofcars.. 2,117
United StatesTotal
..no. of cars.. 315, 115
Passengers cars _
no. of cars.. 269, 080
Taxicabs
no. of cars
340
Trucks
no. of cars _ 45, 695
Rim production
_ thous. of rims. . 1,508
Sales (General Motors Corp.):
Total to consumers, U. S
no. of cars.. 122, 717
Total to dealers, U. S
no. of cars.. 136, 778
Total to dealers, including Canadian and
overseas _. __ _ ._ _
no. of cars _ 153, 730

48
23

84
9

50
6

33
5

42
9

37
9

91

77
6

82
11

102
11

67
32

127
19

1, 172
763
409

1,853
1,327
526

1,565
881
684

3,054
1,798
1,256

3,645
2,193
1,452

2,588
1,260
1,328

2,868
2,003
865

6,641
4,293
2,348

3,922
2,552
1,370

3,521
2,471
1,050

3,670
2,240
1,430

3,024
2,131
893

16, 727
11, 228
5,499

17, 528
11, 526
6,002

13, 374
9,187
4,187

12, 838
8,304
4,534

14, 198
9,096
5,102

12, 078
6,039
6,039

11,215
7,136
4,079

13, 437
8,125
5,312

13, 274
7,956
5,318

11, 870
7,828
4,042

15, 437
10, 101
5,336

26, 542
16, 876
9,666

40, 165
61, 855 i
32, 993
27,
305
2
1, 557

35, 601
66, 068
35, 382
28, 899
1,787

29, 684
60, 295
31, 843
26, 902
1,550

35, 962
81,415
45, 710
33, 835
1,869

45, 397
90, 504
52, 932
35, 305
2,267

45, 411
102, 994
63, 102
37, 218
2,674

55, 430
119,014
73, 554
42, 775
2,685

53, 802
138, 411
91, 224
43, 086
4,101

83, 660
115, 383
68, 278
42, 906
4,199

56
27,713

113
34, 295

71
29, 213

96
36, 303

86
37, 482

118
34, 958

118
43, 065

106
44, 911

95
56, 620

126,786

96, 054

93, 066

150, 219

175, 286

203, 737

254, 098

260, 861

345, 031

5, 622
4,225
1,397

5,407
3,527
1,880

4,541
3,206
1,335

7,957
5,623
2,334

9,792
6,946
2,846

10, 188
8,556
1,632

15, 090
12, 194
1 2, 896

26, 672
21, 251
3,421

71, 155 2 63, 090
113, 158 2 92, 229
70, 659 2 55, 098
39, 668 2 34, 778
2,831 2 2, 353
72
32, 538

265, 732
17, 159
14, 043
3,116

76
34, 248
2

2
2
2
2

69
29, 280

200,841 2 134,133
12, 993
10, 483
2,510

2
2
2
2

49, 813
66, 266
36, 907
27,
738
2
1, 621

2

6,496
4,552 !
1,944 !

9,871
7,529
2,342
2

171,848 i 155, 701
137,805 2 120, 833
512 1
1,425
2
33, 531 | 2 33, 443
681 j
567

335, 708
285, 028
665
50, 015
1,718

276, 405 2 219,940
230, 834 179, 890
529
410
2
45, 161 2 39, 521
1, 425
1,011

135, 663
132, 629

101, 339
98, 943

68, 976
80, 373

61,566 !
76,681 1

57, 989
68, 252

41, 757
48, 155

57, 757
22, 924

75, 805
69, 901

86, 426
76, 140

80, 147
70, 716

97, 318
87, 595

131,817
136, 169

154, 252

119, 195

96, 003

89, 349

80, 008

57, 257

28, 253

78, 792

85, 610

79, 976

97, 440

147, 483

149

J

136, 754 154, 401 220, 649 2 224, 368 265, 533 334, 506
100, 532 2113,226 * 175, 496 183, 532 2221,829 2285,473
582
386
463
609
930
376
2
35, 613 2 40, 593 244,223 2 40, 450 J 43, 328 248,570
864
1,504
1,338
1,052
1, 449
920

420, 027
360,929
440
2
58, 659
2,010

2

CHEMICALS AND ALLIED PRODUCTS
Production index (Fed. Res. Bd.)
rel. to 1923-25
Production index (elect, energy
consumed)
rel. to 1923-25..
Prices, wholesale
rel. to 1926..
Stocks, manufactured goods,
end of mouth___
rel. to 1923-25..
Stocks, raw material, end of
month
rel. to 1923-25

144 i

161

152

149

151

160

165

164

166

170

173

133.8
79.1

137.4
80.1

139. 3
81.9

146.6
82.2

132.0
83.6

133.5
84.8

145.0
85.2

122.4
86.0

147.1
86.6

135.7
87.3

140.6
87.8

138.6
88.9

146.6
89.9

128.7

2 129. 0

132.0

130.7

128.8

123.9

124.2

125.2

121.3

117.3

121.2

128.0

133.5

88.9

91.5

96.5

103.2

107.7

124.2

128.5

132.7

120.0

98.1

92.9

94.4

96.5

4,517
5, 278
28, 880

7,509
4,531
29, 641

7, 326
3, 520
26, 745

8,245
5,195 !
22,939 |

7,542
8,480
19, 888

6,674
9,496
20, 826

6,018
8,207
23, 649

6, 038
3,722
25, 838

3,568
3,109
22, 547

4,847
5,703
22, 089

6,819
5,741
22, 945

Chemicals

Acetate of lime:
Production
__ _ _ _„ thous. of Ibs
Shipments
thous. of lbs__
Stocks, end of month . ._ thous. of Ibs
Exports.. .
thous. of Ibs
Price, wholesale ...
dolls, per cwt
2.00
Arsenic, crude:
Production
_
short tons
1,491
Stocks, end of month.
short tons _
4,768
Arsenic refined:
Production
short tons
1,044
Stocks, end of month
short tons
2,012
Dyes and dyestulfs, exports:
Vegetable
thous. of Ibs...
358
Coal tar
thous. of lbs._
1,782
Ethyl alcohol:
Production...
thous. of gals._ 13, 120
Warehouse stocks, end of
month
thous. of gals_. 14, 711
Withdrawn for denaturization
thous. of gals._ 10, 288
Methanol, crude:
Production
gallons. .
Stocks at crude plants, end of
month
gallons..
Stocks at refineries and in transit.- gallons. .
Exports
gallons.. "52," 048"
Menthanol, refined:
Price, wholesale, New York.dolls. per gaL.
.35
Production
gallons..
Shipments
gallons. .
Stocks, end of month
gallons..
Nitrate of soda:
Imports . . . .
.
long tons
34, 006
Production in Chile
metric tons..
Potash salts:
Imports
long tons
13, 849
Sales in Germany (KaO
content)
metric tons
Price index numbers:
Crude drugs
rel. to Aug., 1914—
130
Essential oils
...rel. to Aug., 1914..
79
Drugs and
Pharmaceuticals
rel. to Aug., 1914. _
157
Chemicals
rel. to 1927..
Oils and fats
_rel. to 1927«Revised.




2.00

2.00

2.00

2.00 !

2.00

2.00

2.42

3.00

3,535
2,560
23, 522
23
3.00

3.11

4.29

4.50

1,402
5,265

1,957
5,478

1,494
5,862

2,803 i
6,486 |

1,483
5,767

2,392
5,937

2,694
5,125

2,077
4,026

1,217
3,254

1, 428
3,495

2,168
3,654

1, 652
3,935

964
1,950

1,506
2,181

1,409
2,449

1,570 ;
2,419 i

1,439
2,221

1,508
2,010

1,265
1,813

1,101
1,930

1,002
1,525

1,032
1,897

1,081
2,024

963
2,726

143
2,231

172
2,641

179
2, 538

101
2,066 {

178
2,502

114
3,136

309
2,481

204
866

124
1,757

110
1,153

194
2,612

232
2,334

11, 162

11, 929

8, 859

11,869 !

17, 770

20, 861

18, 455

14, 299

12, 890

11,617

13, 116

13, 245

13, 074

13, 633

11, 008

9,442

6,858

8,304

8,898

10, 010

9,317

9,498

10, 076

9,143

10, 541

8, 795

6,296

8,081

19, 134

20, 070

18, 537

12, 615

11, 777

11, 352

11, 128

11, 219

325, 794

487, 235

469, 638

631,396 | 477, 165

430, 342

379, 626

294, 176

242, 418

192, 519

319, 478

426, 395

534, 429
36, 176
54, 857

427, 504
105, 238
30, 146

412, 155
121, 522
18, 295

312,110 ' 247, 813
89, 740
93, 805
45,139 ! 90, 111

218, 703
59, 197
40, 814

337, 749
59,236
100, 479

519, 439 475, 331
168, 166 79, 380
82, 168 157, 037

510, 030
153, 811
61, 240

490, 158
219, 989
126, 813

565, 299
304, 004
77, 028

.35
211,073
141, 801
569, 250

.40
253, 494
199, 500
499, 978

.40
223, 144
221, 279
445, 984

.40
306, 373
167, 309
444, 119

.40
382, 547
372, 352
305, 055

.40
431, 179
477, 029
294, 860

.40
575, 711
541, 807
340, 710

.40
364, 505
440, 514
306, 806

.40
374, 521
463, 215
382, 815

.40
250, 085
309, 274
471, 509

.40
418, 205
383, 570
530, 698

.40
405, 780
339, 930
496, 063

67, 008

120, 164

68, 421

45,890 j

35, 512

35, 474

27, 207
179, 357

19, 362
181, 467

9,083
202, 466

28, 644
199, 284

18, 737
205, 911

42, 308
215, 389

15, 982

23, 955

19, 043

22, 750

17, 537

13, 499

37, 425

48, 482

48, 487

51, 970

17, 704

13, 313

80, 699

54, 872

71, 660

127, 660

98, 722

93, 859

95, 968

77, 193

131
82

130
81

131
80

133
81 |

137
85

137
87

137
90

139
91

143
97

147
107

154
111

161
113

160
90
72

174
90
71

175
89
68

175
90
71

175
93
73

175
94
73

176
94
74

176
94
78

176
94
87

176
95
88

176
96
89

176
97
92

28

SURVEY OF CURRENT BUSINESS

[July, 1931

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

1931

May

March

April

1930

™ ™ - j January

\f\
i

N

™ October

3

«

August

July

June

465, 766

176, 023
.75

570, 683
.75

409, 748
.75

507,011

282, 710
149, 8D9
1,479

295, 790
64, 756
1, 527

308. 241
73,134
1, 309

290,615
54, 488
1, 079

32(5. 500
149, 343
882

31, 668
496, 238

27, 595
487, 955

29, 5G3
477, 761

35, 040
451, 128

45, 04S
135, 555

2, 663
1, 264

2, 643
1,344

2, 643
1,346

2,649
914

2, 645
648

561,625
1, 041

165, 770
336

61, 7GO
30

86, 309
45

138,904
CO

May

!

I

j
CHEMICALS AND ALLIED PRODU CTS— Continued
I
Chemicals— Continued
Sulphuric acid:
Exports.
thous. of lbs_. 403, 298 310,950 200, 218 376, 076 304,745 ! 438, 836 308,992 703,787
Price wholesale
dolls, per 100 Ibs
.75
.75
.75
.75
.75
.75 i
.75
.75
Superphosphate (acid phosphate):
Production
short tons.225, 906 249, 405 325,552 I 335, 980 302,730 ! 335,594
Shiprnents
short tons..
77,861 ! 92,769
304, 786 130, 996 103,024 : 70, 496
2,110
2 1, 836
Stocks, end of month. thous. of short tons..
2,292
1,877
1,703
2,287
Wood at chemical plants:
Consumption
__
cords. .
31, 946
52,314 j 47, 654
43,483 i 38,549
49, 107
45,767
Stocks at end of month
cords..
393, 077 383, 925 411,503 408, 185 | 463,276 494,329 470,732
Daily capacity2,647
Total
cords.. 2,613
2,607 !
2,607
2,607
2,647
2,647
Shut down
cords. .
472
504
716
428 1
644 !
743
460

Cottonseed

Cottonseed:
Consumption (crush)
short tons
Receipts at mills
thous. of short tons..
Stocks at mills, end of month
thous. of short tons
Cottonseed cake and meal:
Exports
...short tons..
Production.
short tons..
Stocks, end of month _
short tons _
Cottonseed oil, crude:
Production
thous. of lbs_.
Stocks, end of month __
thous. of lbs_.
Cottonseed oil, refined:
Factory consumption—
Total (quarterly)
thous. of Ibs' .
In oleomargarine
thous. of lbs_.
Price, yellow, prime, New York
dolls, per lb..
Production
. thous. of Ibs
Stocks, end of month
thous. of Ibs..

'

155, 373
44

87, 014
37

401, 736
158

589,911 669, 264
219 |
578

801,800 ' 936,743
803 i 1,323

45

nr

207

377

620

1,081

695

215

45

77

119

797
43, 350
223, 084

6,588
75, 921
253, 609

5, 750
135, 144
303, 945

3,147
190, 314
363, 201

11,084
270, 965
343, 665

7,538 !
1,580 | 4,361
305,019 ' 360,943 1 421,283
298,139 ! 252, 323 ! 202, 156

2, 092
251, 128
116,396

175
76, 440
45, 340

304
28, 527

248
38, 736
85, 277

230
62, 240

28, 019
32, 819

52, 469
43, 048

89, 794
69, 878

124, 392
104, 910

181, 221
127, 739

201, 621
114,248

239,913 ! 283,929
114,595 110,829

169, 458
79, 280

49, 322
25, 606

19, 425
7,894

29, 253
22, 328

46, 539
39, 508

2,505

323,521
2, 151

2, 906

1, 587

3 299,749
1, 882

.076 !
.076
215,405 i 232,179
350,260 I 254,571

.081
102, 460
174, 208

.084
200! 273

.080
29, 754
301, 009

. 083
49. 325
393, 573

. 088
55, 970
403, 983

33, 173
35, 688
35, 069
16, 694

32, G87
31, 168
32, 289
16, 043

30, 424
30, 810
30, 049
17, 392

33, 005
33, 546
33, 909
17, 181

33. 340
36, 147
33, 404
17, 099

991

1,083

j
3

1,200

1,447

276,906
1,621

1,465

1,875

3331,746
2,178

.069
36, 470
406, 237

.076
76, 852
462, 881

.076
115,302
494, 503

.073
130, 556
494, 882

.073
150, 998
461, 776

.072
188, 823
428, 609

3

2,091 :

I

Explosives
Explosives," black powder, permissible and
other high explosives:
New orders
thous. of lbs_.
Production
thous. of lbs_.
Shipments
thous. of Ibs..
Stocks, end of month
thous. of lbs_.
Fats and Oils
Animal fats (quarterly) :
Factory consumption
thous. of lbs_.
Production
_ _
thous. of Ibs
Stocks, end of quarter
thous. of lbs__
Animal glues:
Production (quarterly)
thous. of lbs_.
Shipments...
thous. of lbs_.
Stocks, end of quarter . _ thous. of Ibs
Coconut or copra oil:
Factory consumption—
Crude (quarterly).
thous. of lbs._
Refined—
Total (quarterly). ..thous. of lbs__
In oleomargarine thous. of Ibs
Imports
thous. of IbsProduction (quarterly) —
Crude
thous. of lbs._
Refined
thous. of Ibs..
Stocks, end of quarter —
Crude
thous. of Ibs
Refined
thous of Ibs
Copra:
Factory consumption (quarterly)
short tons
Imports
short tons
Stocks end of quarter
short tons
Edible gelatin:
Production (quarterly)
thous of Ibs
Stocks, end of quarter
thous. of Ibs
Fish oils:
Factory consumption (quarterly)
thous. of lbs__
Production (quarterly)
thous of Ibs
Stocks, end of quarter
-thous. of Ibs..
Greases:
Factory consumption (quarterly)
thous. of Ibs
Production (quarterly)
thous of Ibs
Stocks, end of quarter
thous. of lbs_.
Lard compounds:
Production (quarterly)
thous. of lbs._
Stocks end of quarter
thous of Ibs
Oleomargarine:
Consumption
thous. of Ibs
Production
_ .
. thous. of Ibs .
Vegetable oils:
Exports
thous. of Ibs
Factory consumption (quarterly)
mills of Ibs
Imports
thous. of Ibs. .
Production (quarterly)
mills of Ibs
Stocks, end of quarter—
Crude
thous of Ibs
Refined
thous. of Ibs.a
Quarter ended in month indicated.



280, 637
111

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

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

154,764
3 515,598
3 191,941

154,951
3 gig 459
224,398

3

1
3

53, 772

138,255

3 159,545

3

15, 970

--

--

75, 479
12, 086 ~ ~ 11,492 "I4~873~
24, G90
44, 034
27, 550

~~Il~329~
26, 862
3

3

18, 927

71 229
25, 890
27, 167

3

3
3

3
3
3

.
;

3

147.559
461,647 1
3 1S9.561 __

3

.

:

4, 565 i

5, S91

321,715
4, 885
3 44 380
3

3
3
3

3 164,206
3
2'> 352
3

33, 133

34, 056

3

71, 134
37,419
41 077
3

4 549
8, 642

3

3

4, 598

5, 585

33,725

3

3

4, 434
8, 224

3

42, 703
27, 815
3 197,770

09, 377
11,763
25, oUCJ

13,236
34, SOS

78 5£2
305,282
3

lOO.lD'i
a 18.452

16,885!

18,003

3 01 . 544
16.100
3 28. 098 1

.

21,089

3 5, 243
3
S, 109

2, 979
7, 499
3

3 30 921
3
50 093
3 207,301

3

5," 543

3

85, 068
69, 313

07, 105
31, 139
24 502

3

11,455
8, 1 18

11,479
19,331

139, 433
18 029

3

33,886

27, 039
4, 788
43, 162

3

3 161,077

3

3

44, 620
11, 587
215,405 I

3 146,450
3
540,620
_ _ 3 226,482

!

_

150,753

879,711
376,572
16,491 "i7,"illT~18~248~ 15, 818
30, 952
14, 846
20, 477 I 43, 124
3

$ 201 932
3
16, 869

17, 871

34,324
34, 113
34, 198
16, 812

3 90, 921
77,612

91 446
66, 268

3

i
!
|
•

3

23, 515
3, 469
3 49, 951

22, 845

3

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

3

3

3

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

26, 714
24, 056
25, 201
17, 372

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

41, 301
3
8, 41.8
174,601

3

j
3
3
3

3
3

53, 346
95, 948
79, 012

3

291,386
26 081

:::::;:;;

17, 150 !
19, 618

19, 573
21, 154

19, 751
20, 335

27, 237
25, 740

2, 35G

2,154

3,831

2,947

4,775

72, 280

52, 463

__

79, 809

s (510 812
.3531,666 )--.

3

3

283,299
24, Oil

3

27, 593
28, 969

30,631
29,633

33,138
32,191

27, 194
28, 554

24, 072
23,071

IS, 782
20, 976

22,178
21, 904

22, 520
24,812

2,086

2,294

2,591

1,794

1,317

533

2, 049

970

74, 579

3670
86, 947
3415

85, 173

1,076
72, 028
3 1, 004

72, 142

59, 586
92, 021
70, 404

3

|

3 317,883
3
21, 164

3

3

3

3 54. 826
3
92, 031
3
69, 739

3 331,412
3
26, 672

15, 460
14, 912

829
68, 238
3
674

I

49, 476
88, 510
377,211
3

3

75,352 ; 106,699

3

641,002
3 466,602

561
73, 445
M83
3

i

521,010
3 208,964

87, 072

3
3

497,030
428,427

29

SURVEY OF CURRENT BUSINESS

July, 1931]

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

1931
May

April

March

195
107, 687

1,132
140, 088

1,352
104, 214

1930

Febru- January
ary

D-m- Novem- October Septem- August
ber
ber

July

June

18
143, 620

79
113, 538

May

CHEMICALS AND ALLIED PRODUCTS-Contmued
Fertilizer
Fertilizer:
Consumption, Southern States
thous of short tons
Exports
..
short tons

640
97, 682

343
91, 497

74
71, 533

61
84, 847

95
125, 441

128
118, 761

38
115, 580

2235
143, 347

Flaxseed
Flaxseed, imports
thous. of bushs..
Linseed cake and meal:
Exports
thous. of lbs__
Shipments from Minneapolis
thous. of Ibs
Linseed oil:
Factory consumption (quarterly)
_ __ _ _thous. of lbs__
Price, New York
dolls, per lb__
Production (quarterly)
thous. of lbs__
Shipments from Minneapolis
thous. of lbs__
Stocks at factories (quarterly)
_ _ _ _ _
thous. of lbs__
Minneapolis and Duluth:
Receipts
thous. of bushs.
Shipments..
thous. of bushs..
Stocks, end of month
thous. of bushs__
Oil mills (quarterly)—
Consumption.
thous. of bushs..
Stocks, end of quarter
__
_thous. of bushs__
Price, No. 1, Minneapolis
dolls, per bush__

1,496

827

1,313

952

352

219

387

148

59

551

360

371

1, 454

38, 172

30, 818

39, 847

18, 238

10, 853

33, 596

25, 986

12, 519

8,474

22, 593

24, 833

29, 066

41, 409

12, 145

17, 827

11,046

17, 227

16, 824

17, 315

29, 726

27, 149

13, 398

5,066

5,768

7,485

.092

3 74, 092
.095
3 118,417

.092

.088

69, 307
.092
3 131,257

.094

.099

* 80, 359
.105
108,236

.131

.140

3 104,276
.140
3 130,863

.140

11, 552

9,594

8,553

7,385

10, 199

14, 792

11, 565

6,117

6,436

6,274

9,685

.088

12, 792

3

3

3 113,192
456
424
784

309
314
973

498
185
1,205

426
286
1,293

491
243
877

113,594
709
517
1,386

3

3

3 83 945

1,424
1,910
1,411

5,054
2,045
1,893

2,636
1,618
2,182

3,266
1,436
447

108,758

294
193
319

314
267
433
3

3 6, 571

3 7, 391

3

1.56

1.57

3 4, 472
1.61

1.65

1.80

3 3, 386
1.90

2.00

5, 887

712
457
523

7, 270

1.55

1.57

3 2, 345
1.58

210, 012
1, 958

219, 053
1, 903

208, 690
1,882

220, 066
1,839

144, 440
1,769

229, 737
1,799

229, 979
1,708

225, 688
1,610

229, 238
1,529

224, 546
1,513

241, 193
1,456

248, 777
1,386

234, 281
1,277

120, 819
351, 548

88, 741
4.73
310, 576

38, 977
4.64
266, 056

27, 322
4.38
300, 695

41, 345
4.45
329, 626

117, 489
4.95
372, 090

107, 414
5.29
323, 142

127, 621
5.54
303, 669

140, 090
5.80
276, 565

151, 269
5.39
267, 540

178, 876
5.90
242, 948

149, 880
6.50
196, 857

150, 386
6.34
113, 684

33, 593
124, 830

35, 585
126, 534

33, 544
125, 919

32, 332
130, 490

24, 488
125, 630

34, 332
122, 318

38, 931
119, 727

34, 818
109, 785

38, 293
117, 726

37, 349
114, 281

39, 929
117, 318

40, 049
109, 198

40, 933
99, 35J

37, 026
66, 248

26, 102
56
53, 393

9,511
.53
45, 232

5, 354
.45
58, 202

7, 228
.44
68, 320

27, 482
.42
84, 911

28, 107
.43
95, 860

38, 500
.41
88, 499

42, 873
.44
76, 774

46, 521
.41
65, 024

55, 822
.43
58, 491

46, 711
.47
42, 344

48, 803
.49
47, 130

5, 996
4,727

6, 344
8,383

5, 740
9,987

5,634
13, 537

4, 757
14, 437

6,200
15, 799

6,584
13, 895

5,817
11, 257

6,573
11, 163

6,125
12, 772

6,406
13, 642

6,774
13, 762

7,454
13, 715

533

333

330

322

242

372

922

872

655

612

653

731

.

2.32

a 2, 328
2.71

2.68

Naval Stores

Pine oil:
Production
___
gallons..
Stocks, end of month
thous. of gals..
Rosin, gum:
Net receipts, Southern ports
bbls
Price, "B," New York
dolls, per bbL.
Stocks at 3 ports, end of month
bbls..
Rosin, wood:
Production
_.bbls
Stocks, end of month ._
bbls__
Turpentine, gum:
Net receipts, Southern ports _.
bbls..
Price, Southern, New York dolls per gal
Stocks at port, end of month
bbls_.
Turpeiitine, wood:
Production
bbls
Stocks, end of month
_ bbls

I

Roofing
Prepared roofing, shipments:
Grit roll
thous. of sqs._
ShinglesIndividual and single thickness
-thous. of sqs
Strip, patented, and hexagon
thous. of sqs__
Smooth roll
thous. of sqs._
Total
thous. of sqs..

146

92

60

51

63

86

191

196

176

139

151

164

555
967
2,202

329
702
1,456

277
714
1,381

249
773
1,395

238
583
1,126

283
742
1,484

572
1,575
3,259

1,001
1,438
3,506

692
1,021
2,544

597
803
2,151

656
924
2,384

730
1,088
2, 714

FOODSTUFFS
Production index:
Food products (Fed. Res.
Bd.)
rel. to 1923-25
Food and kindred products
(elect, energy consumed) _rel. to 1923-25-.
Stocks, manufactured
foodstuffs .
._
. rel. to 1923-25
Stocks raw foodstuffs
rel to 1923-25

91

96

87

92

93

89

94

94

96

91

94

93

98

126.8

122.0

116.8

122.0

118.3

107.1

124.4

137. 2

148.6

141.2

139. 2

145.4

138. 2

107.0
189.4

2 104. 8
2 1U3. 7

103.1
202.0

197. y

105. 2

104.2
194. 8

95.0
205. 1

92.6
200.0

98.6
196.9

109. 7
197.6

120.1
183.9

127.4
162.7

117.7
153.4

105. 3
170.7

15, 680

21, 608

22, 062

21, 444

21,948

28, 727

29, 500

31, 004

28, 027

19, 044

16, 713

19, 774

22, 264

11,720
22, 520
.0494

33, 864
20, 242
. 0535

48, 353
20, 942
.0550

51, 550
13, 696
.0563

39, 278
16, 418
.0619

21, 756
13, 700
. 0675

18, 888
6,338
.0688

12, 660
7,410
.0675

7,554
11, 008
.0670

13, 441
17, 863
. 0775

20, 764
20, 443
.0869

14, 694
15, 121
.0825

16, 124
10, 721
.0850

1,080
1,863
1,126
.053
1,550

849
1,559
1,407
.056
1,565

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

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

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

514
1,080
967
.079
1,549

659
1,176
1, 159
.089
1,437

852
1,469
991
.072
1, 595

652
1,318
712
.072
1,462

539
1, 025
801
.076
1, 391

441
922
1,010
. 093
1,031

530
1, 027
915
.092
1, 247

1,088
6,136

1,148
5,963

1,161
5,879

866
5,455

929
6,188

817
5,014

.828
5,051

934
5,498

784
5, 529

861
5, 378

867
5,572

790
5,442

Candy
Sales by manufacturers,. _ _ thous. of dolls
Cocoa
Shipments from Gold and Nigerian
Coasts, Africa.-.
..long tons
Imports
long tons
Spot price, Accra, New York
dolls, per lb._

Cofifee
Clearances:
Total, Brazil for United
States
thous. of bags..
643
Total, Brazil for world
thous. of bags.. 1,333
1,415
Imports
-_ .thous. of bags
Price, Rio No. 7, Brazil grades.-dolls. per lb_.
.061
Receipts, total Brazil
_. thous. of bags.. 1,755
Visible supply:
United States
thous. of bags.. 1, 345
World
thous. of bags__
6,286
* Revised.




8

Quarter ended in month indicated.

30

SURVEY OF CURRENT BUSINESS

[July, 1931

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

1931
May

1930

February

March

April

Novem- October Septem- August
January December
ber
ber

July

May

June

FOODSTUFFS-Continued
Dairy Products

i

BUTTER
Apparent consumption
--thous. of Ibs
184, 528 160,753 152,985 163, 689 166,506 | 154, 987 181, 569 179, 305 193, 110 191, 178 199, 016
Cold-storage holdings, creamery,
end of month ..
thous. of Ibs. . 35, 286 2 17, 195 18, 010 30, 672 ! 46, 792 63,401 I 88. 012 103, 646 131, 489 143, 089 145, 061 106, 522
Production (factory)
thous. of Ibs. _ 174, 827 140, 676 122,953 105,192 i 112, 843 106,181 i 98', 138 117, 372 119, 388 133, 600 163, 534 173, 719
Receipts, 5 markets
thous. of Ibs.. 61, 986 53, 566 48, 739 43,251 ! 45, 644 43,892 i 36, 848 38, 933 40, 853 44, 821 62, 274 70, 529
.24
.29
.28
.32 '
.40
.35
Wholesale price, New York
dolls, per lb__
.26
.29
.40
.39
.33
.36
53.3
64.4
Wholesale price, New York
rel. to 1926..
62.2
88.9
77.8
64.4
86.7
88.9
73.3
57.8
71.1 i
80.0
CHEESE
Total, all varieties:
Apparent consumption
thous. of Ibs
Cold-storage holdings, end of
month
thous. of Ibs..
Exports, Canada
thous. of Ibs..
Exports, United States
thous. of lbs_.
Imports, United States
thous. of Ibs. _
Receipts, 5 markets.
_ thous. of lbs_.
Production (factory)
thous. of Ibs. .
American whole milk:
Cold-storage holdings, end of
month
thous. of Ibs
Wholesale price, New York__dolls. per lb_.

47, 925

46,332

38,068 '

41, 070

55,911 2 53, 172
1,517
505
139
121
5, 856
6,471
12, 145
11, 445
52, 568
40, 470

54,270
491
208
4,611
11,717
34, 388

61,841 !
306
118
4,052
10, 406
26, 379

69, 471
91.8
129
4,123
11, 600
27, 543

42, 462 2 40, 542
.14
.15

41, 836
.16

47, 968
.16

54, 499
.17

i
39,500 !
i
79,015 |
4,025 i
176 i
4,163 i
10,400 !
26,598
|

210, 504
50, 378
169, 365
63, 752
.35
77.8

40, 035

41, 637

43, 695

47, 564

29, 640

41, 486

49, 921

87, 171
14, 677
108
5,041
10, 784
25, 583

96, 393
16, 568
183
6, 293
12, 220
28, 239

103, 691
12, 652
121
4,333
14, 509
36, 062

107. 219
10, 188
137
3,687
14, 952
41, 125

108, 899
12, 092
172
3,106
17, 436
45, 120

90, 421
5,560
159
6,097
17, 895
64, 326

68, 127
1,884
158
12, 356
15, 472
59, 940

63,326 1 71, 132
.18 i
.19

78, 919
.19

85, 076
.20

87, 221
.19

88, 749
.18

70, 186
.18

49, 172
.20

6,785
98, 359
717

9,174
106, 631
952

10, 375
113, , 38
944

11,198
116,272
1,377

10, 743
115, 134
1,728

9,178
106, 904
2, ?,66

|

EGGS
Cold-storage holdings, end of month:
Case
.
. _ thous. of cases.. 7,881 2 5, 162
Frozen
thous. of lbs__ 106, 623 291,517
2, 236
2, 478
Receipts 5 markets
thous. of cases
MILK
Condensed milk:
1,973
Exports
thous of Ibs
Total stocks, manufacturers, end of
month —
Case goods
. thous. of Ibs _
Bulk goods
..thous. of lbs._
Unsold stocks, end of monthCase goods
. thous. of Ibs
Bulk goods
thous of Ibs
5.65
Wholesale price, New York-dolls, per case_.
Evaporated milk:
Exports.
thous. of lbs_. 5,114
Manufacturers' stocks, end of month —
..
Total case goods
thous of Ibs
Unsold case goods
„ thous. of Ibs..
Wholesale price, New York-dolls, per case- ~"~3.~50~
Fluid milk:
Consumption in mfr. of
3,791
oleomargarine
thous of Ibs
Receipts—
Boston including cream thous of cits
Greater New York
thous of qts
Powdered milk:
Exports
thous. of lbs._ 1,369
Manufacturers' stocks, end
of month
thous of Ibs
10, 942
Net new orders
thous. of Ibs
Production, condensed and evaporated milk _ __
..thous. of Ibs. _ 244, 229
Fish
Canned salmon:
Exports, Canada
cases.. 59, 883
Shipments United States thous of cases
Cold-storage holdings, 15th of
month
thous. of lbs__ 31, 368
Total catch, principal ports
thous. of bbls._ 24, 599
Fruits and Vegetables
Apples:
2,005
Car-lot shipment
carloads
Cold-storage holdings, end of
month
thous. of bbls..
Citrus fruits, car-lot shipments
carloads.. ~~I5~585~
Onions, car-lot shipments
_
carloads _ 3,703
Potatoes, car-lot shipments
carloads.. 23, 895

1, 893
78, 051
2,046

408
73, 889
1,264

735
75, 685
1,026

1,853

1,873

1,345

2,403

1,907

1,973

1,718

1,479

3,294

1,515

2,682

2, 502

12, 390
15, 887

13, 227
16, 273

13, 051
16, 171

13, 928
18, 594

17,803
19,520

20, 657
20, 885

24, 650
21, 965

27,314
23, 727

30, 875
25, 765

35, 006
30, 337

35, 373
28, 855

30,121
25, 203

8, 434
5,069
5.65

9, 059
5, 549
5.65

8, 864
5, 285
5.79

9, 698
6, 986
6.03

14, 181
8, 297
6.03

16, 678
7,842
6.03

20, 427
7, 935
6.03

22, 951
8, 119
6.03

26, 464
6,954
6.03

30, 806
10, 212
6.03

31, 222
8,176
6.13

25, 467
7,598
6.13

1,894 1 4,154
83,184 | 89, 571
768 i
593

5,311

5,034

3,775

5,269

4, 546

177, 754
154, 490
3.50

150, 931
125, 498
3.50

136, 896
108, 672
3.50

157, 152
107, 009
3.75

202, 070
163, 478
3.80

5,387

5,927

5,814

7,464

8,158

19, 877

20, 312
113,32'J

17, 444
101, 197

18, 352
110, 428

18,313
111, 345

1,414

2,282

1,001

366

465

40, 298
2 12, 145

41, 363
10, 606

41, 744
9, 492

41, 122
10, 253

38, 976
8, 945

194, 753

172, 306

144, 649

141, 981

91, 083
290

101,817
334

38, 446
300

28, 079
30, 949

38, 542
30,081

4, 718

3,452

5,223

4,720

5,417

6,308

211, 828 224, 486
174, 148 187,262
3.80
3.80 1

218, 486
179, 047
3.80

244, 969
1U7, 189
3.80

258, 836
218, 761
3.74

227, 201
176, 439
3.69

199, 334
166, 196
3.95

4, 366 :

9, 066

7, 799

6,173

5,837

6,074

6,935

19, 403
18, 226
111, 166 i 116,140

19, 634
119,356

19, 007
116,769

20, 348
123, 165

21, 149
122, 086

20, 906
124, 883

8,404 j

467

477

426

376

346

196

36.318
8,733

33, 281
9, 853

32, 770
10, 151

34, 186
9, 623

32, 493
10, 946

31, 820
11,913

28, 096

143, 280

132,284

149,136

139, 802

163, 034

45, 998
406

107, 333
333

108, 996 : 194,623
653
273 |

152, 779
1,433

29, 494
1,030

24, 942
367

22, 494
358

34, 285
247

56, 547
20, 635

71,910
18, 353

85, 317
17, 5G7

91,436 i 88, 616
30, 541
25, 967

85, 498
40, 687

78, 997
35, 875

64, 847
46, 751

47, 498
32, 886

2 34, 139
34, 091

3, 253

1,083

507 ;

5,700

7,115

7,806

8,085

17, 454

35, 782

12, 757

2,729 '

1, 509
15, 099 i
2,377
21, 032

2, 917
17, 572
2,540
23, 601

5,224
13, 980
2, 610
20, 024

7,439
14, 197
3, 454
20,971

9, 575
12, 554
2,254
15, 092

10, 860
11,338
2, 753
16, 267

1,872
9,043
4, 510
6, 301
5, 593 | 5, 437
21, 924
28, 788

114
4,441 1
2,793 i
15, 979

72 i
128
5, 765 ! 5, 478
2, 556 ! 1, 729
22, 093
24, 614

8,118

6,061

5,067

6,610

7,578

9,803

14, 091

21, 041

26, 095 ".

18,015

776
.48 i
75.0
2,446
5,662

745
.44
68.8
2,484
7,840

921
.44
68.8
2,246
9,583

732
.44
68.8
2,511
10, 731

1, 047
.47
73.4
3, 569
11,401

964
.48
75.0
4, 207 i
11,854 [

1, 295
.52
81.3
5, 765
12, 035

1, 359
.53
82.8
12, 477
11, 991

1,281
.52
81.3
10, 822 '
7,429

3,081
1

;

205, 641 ; 243,414 .

11,333

235, 860

1,966
i
i
!
I

458
2, 101
3, 975
22, 588

Graiiis
Total grain exports, including
flour
. ._ -.
thous. of bushs . 11, 224

!

13, 829

12, 626

BARLEY
Exports
thous. of bushs..
Price, No. 2, Minneapolis
dolls, per bush..
Price, No. 2, Minneapolis
rel. to 1926
Receipts, principal markets. .thous. of bushs..
Visible supply, end of month. thous. of bushs..
2
Revised.




896
.45
70.3
2,523
4,626

698
.47
73. 4 !
2, 568 '•
3, 997

550 !
.49
76.6
2, 537 !
4, 671 i

1,457
.55
85. 9
2, 835
5, 436

SURVEY OF CURRENT BUSINESS

July, 1931]

31

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

1931
May

April

March

1930

Febru- January
ary

|fc8rm"

NovemOctober
ber

Se e m
^r "

August

July

June

May

FOODSTUFFS-Continued
Grains— Continued
CORN
Exports, including meal
thous. of bushs..
Grindings (starch, glucose)— thous. of bushs_.
Prices:
No. 3, yellow, Chicago dolls, per bush..
No. 3, yellow, Chicago
rel. to 1926..
No. 3, yellow, Kansas
City
dolls per bush
No. 3, white, Chicago
dolls, per bush_.
Receipts
_
thous. of bushs
Shipments
thous of bushs
Visible supply, end of mo
thous. of bushs__
Receipts

_.. .

151
5, 580

206
5, 492

534
5, 441

5, 575

443

188
5,990

132
5,241

163
5,434

295
6,253

394
6,473

332
6, 565

395
6,103

776
6,100

824
6, 623

.56
74.7

.58
77.3

.60
80.0

.61
81.3

.65
86.7

.69
92.0

.71
94.7

.82
109.3

.94
125.3

.99
132.0

.82
109.3

.79
105.3

.79
105. 3

.52
.56
11, 381
14, 855
12, 286

.53
.58
17, 102
14, 246
19, 676

.54
.60
18, 567
12, 281
21, 998

.54
.63
21, 278
11,895
20, 110

.59 i
.66
.68 !
.73
19, 320
27, 367
12,611
10, 925
17, 562
16, 993

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

.82
.88
15, 176
8, 705
4,703

.89
.97
16, 048
9,829
4,976

.92
.99
20, 282
12, 792
4,226

.80
.84
16, 660
11, 699
4,012

.80
.81
17, 833
15, 693
7,378

.78
.80
16,213
18, 687
11,819

4, 519

4,279

4, 057

4, 863

5,401

4,808

4. 717

4, 505

3,881

3, 755

208
1, 126
.34
82.9

202
1,085
.33
80.5

157
1,174
.36
87.8

194
1,054
.38
92.7

292
817
.39
95.1

717
826
.35
85.4

204
719
.38
92.7

266
651
.41
100.0

14, 360
6,021
30, 504

14, 605
6,075
30, 641

14, 749
9,445
33, 509

14, 843
15, 381
31, 979

11, 032
25, 277
25, 867

10, 893
8,725
9,149

9, 660
7,114
11,317

7, 951
10, 690
13, 102

413, 674
27, 504

383, 517
29, 294

150, 938
10, 684

94, 030
6,505

99, 249
8,675

124, 181
7,501

202, 224
7, 037

203, 573
15, 459

1,003
75, 426

1,208
126, 781

1,323
201, 483

766
128, 756

499
90, 755

268
56, 861

346
65, 195

653
107, 430

HAY
__ . number of cars

5,214

OATS
Exports, including meal
thous. of bushs
Grindings Canada
thous of bushs
Price, No. 3, white, Chicago._doUs. per bush._
Price, No. 3, white, Chicago
rel. to 1926_.
Production, oatmeal, and rolled
oats Canada
thous of Ibs
Receipts, principal markets _ _ thous. of bushs __
Visible supply, end of month.thous. of bushs ._

192
.28
68.3

179
822
.30
73.2

174
844
.31
75.6

120
940
.32
78.0

5. 294
9,892

9,871
7,604
13, 837

10, 243
6,843
19, 103

11, 895
7,123
22, 947

144
997 i
.32
78.0
13, 320
6,121
26, 650

RICE
Exports
. _ pockets (100 Ibs.) __ 260, 949 203, 519 211,843 259, 578 376, 000
50, 472
Imports
pockets (100 Ibs.)
41, 891
38,748
37, 821
41, 223
Shipments:
Total from
mills
thous. of pockets (100 Ibs.) _
1,119
780
933
864
New Orleans
pockets (100 Ibs )
88, 718
75, 643
68, 753
68, 349
74, 629
Southern paddy, receipts at
mills
thous. of bbls_520
1, 147
566
864
599
Stocks, end of
month
thous. of pockets (100 Ibs.)
1,293
1,793
1,388
1,790
1,561

844

1,257

2,063

1,084

508

22

60

183

1,678

1,776

1,670

842

488

450

687

950

4
.44
47.8
5 50, 234
1,356
12, 644

4
.43
46.7

49
.49
253.3

25
.55
59.8

23
.60
65.2

18
.55
59.8

3
.57
62.0

14
.65
70.7

1,640
13, 316

2,001
13, 860

6,562
14, 842

5, 200
12, 649

758
10, 969

445
11, 248

1,234
11, 259

24, 939

34, 782

33, 447

31, 120

20, 461

22, 834

21, 681

16, 046

2, 173

3,266

6,311

12, 716

18, 646

11,934

8, 066

5, 433

6,187

8,470

12,295

19, 069

24, 167

16, 188

12, 295

10, 064

RYE
29
Exports, including flour thous. of bushs._
Price, No. 2, Minneapolis
dolls, per bush..
.36
Price No 2 Minneapolis
rel to 1926
39.1
Production, crop estimate
thous. of bushs.- * 43, 766
Receipts, principal markets...thous. of bushs__ 1,035
Visible supply, end of month.thous. of bushs__ 8,540

3
.35
238.0

34
.36
39.1

19
.37
40.2

3
.38
41.3

880
9,262

855
10, 440

716
11, 110

884
11,911

WHEAT
Exports:
Canada, including wheat
flour
thous. of bushs.. 31, 687
11,373
6,148
15, 521
12, 165
United StatesWheat only
thous. of bushs _ 6,406
1,289
137
3,531
1,357
Including wheat
flour
thous. of bushs
9, 956
6,954
5, 543
3, 564
4,574
Stocks, held by mills
3
(quarterly)
thous. of bushs..
81, 841
Prices:
No. 1, northern spring,
Minneapolis
. dolls, per bush..
.81
.79
.75
.76
.76
No. 1, northern spring,
Minneapolis
rel. to 1926- 51.3
50. 0
48.1
48.1
47.5
No. 2, red winter, St.
Louis
dolls per bush
.79
.80
.78
.78
.79
No. 2, red winter, St. Louis—.rel. to 1926- 51.0
51.6
51.0
50.3
50.3
No. 2, hard winter,
Kansas City
dolls, per bush
.73
.73
.69
.69
.70
No. 2, hard winter, Kansas
City .
. __ rel. to 1926- 49.0
49.0
46.3
47.0
46.3
Production, crop estimate,
winter wheat
thous. of bushs - 4 649, 115
Receipts
thous. of bushs
30, 863
21, 230
30, 833
30, 672
29, 496
Shipments
,.
thous. of bushs.- 24, 061 16, 601 15, 570 14,817 13, 706
Visible supply, end of nionth:
Canada._ thous. of bushs 136, 856 160, 750 180, 253 183, 704 193, 858
United States
thous of bushs 197, 563 199, 561 207, 138 201, 862 197, 219
WHEAT FLOUR
Consumption (computed)
thous. of bbls
8,281
8, 654
8,738
Exports:
Canada
thous. of bbls..
481
326
561
415
United States
thous. of bbls..
789
761
762
715
Grindings of wheat:
Canada
thous. of bushs..
5,169
4,719
4,607
Unitod States
thous. of bushs__ ~~36,~949~ 2 39, 126 40, 137 37, 939
Prices, wholesale:
Standard patents, Minneapolis
dolls, per bbL.
4.85
4.71
4.67
4.85
Standard patents, Minneapolis
„
rel. to 1926__
57.6
57.6
55.8
55.4
Winter, straights, Kansas City
dolls, per bbl__
4.14
4.02
4.00
4.06
Winter, straights, Kansas City
rel. to 1926..
57.1
55.5
55.2
56.0
2
3
Revised.
Quarter ended in month indicated.




3

3

137 194

lf>4 112

66 660

.77

.75

.82

.91

.92

1.00

1.07

48.7

47. 5

51.9

55. 1

57. 6

58. 2

63. 3

67.7

.83
53.5

.83
53.5

.87
50. 1

.88
56.8

.89
57.4 |

.85
54.8

1.05
07.7

1. 14
73. 5

.87 j

.71

.69

.74

.78

.81

.80

.89

.99

47.7

46.3

49.7

52.3

54.4 !

53.7

59.7

66.4

604, 337
21, 549
15, 053

24, 597
20, 955

28, 943
25, 238

62, 569
44, 746

85, 476
48, 053

98, 960
42, 047

18, 705
20, 575

16, 535
24, 091

205, 854
195, 716

197, 998
202, 475

178, 827
205, 437

148,288
213, 804

90,617
194, 800

106, 554
161, 666

132, 187
109, 985

147, 801
119,682

9,622

9,846

10, 597

11,059

10,929 i

9,585

10,012

7, 883

9,778

392
945

602
892

792
1,156

814
1,330

734
1,412

!

627
1,227

659
945

598
940

573
],029

4,834
42, 528

5, 226
41, 307

7.789
42, 428

8,348
49, 914

7,255 : 6.930
49,382 : 47,654

6, 448
43, 721

5,218
40, 137

6,258
41,329

4.96

4.89

4.69

4.98

5.08 i

5.34

5.51

5.83

5.97

58.9

58.0

55.7

59.1

60. 3

63. 4

65.3

69.1

70.8

4.09

4.03

4.14

4.23

4.44

4.56

4.64

4.99

5.27

56.3

55.6

57.1

62.8

64.0

68.9

72.7

* As of June 1.

58.3

61.3 ;

« Final estimate for 1930.

32

SURVEY OF CURRENT BUSINESS

[July, 1931

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

1931
May

April

March

1930
Febru- January
ary

Decem- Novem- October
ber
ber

S

»! August

July

June

May

FOODSTUFFS— Continued
Grains— Continued
WHEAT FLOUR— Continued
Production:
Canada
thous of bbls
1,058
1,086
2 1, 164
1, 035
United States8,015 2 8, 494
Actual (Census)
thous. of bbls
8,242
9,233
8,724
Prorated (Russclls')... thous. of bbls. .
9, 275
8,750
9, 937
--- 9,134
Capacity
per cent.52
55
51
56
Grain offal
_. thous. of bbls__ 663, 373 2 702, 189 713,507 678, 795 761, 935
Stocks:
All positions (computed)
end of month
thous. of bbls..
5, 618
6, 370
5, 526
5,620
Ileld by mills (quarterly). .thous. of bbls..
33,712

1,170

1,739

1,869

1,624

1,548

1,436

1, 161

8,973
9,888
54
739, 243

9,184
10, 403
60
762, 108

10,817
12, 089
62
899, 580

10, 674
12, 241
67
888, 576

10,313
11.562
62
851, 404

9, 466
10, 507
57
774, 252

8,687
9,423
54
713, 579

8.981
mo07
53
732, 1 53

7,000
34,016

7,850

9,200

9,500
3 3, 940

9, 600

8, 850

9, 300
3, 535

8,700

397, 741

331,945

463, 928

434, 287

409, 475

415, 278

386, 049

423,831

75, 285
1,207
398, 741

73, 392
1,491
342, 405

63. 862
2, 347
468, 983

60, 023
1,793
434, 625

59. 755
1, 661
403, 081

64, 591
1,987
411,227

66, 891
1,973
375, 276

71, 556
1,010
401,989

1,015
1,736

823
1,696

1.183
2,377

1,084
2,108

959
1,605

1, 004
1, 512

953
1,459

947
1,517

332
1,015

478
873

691
1,223

443
947

150
619

109
501

129
496

199
569

3

1, 394

Meats
CATTLE AND BEEF
Beef products:
Apparent consumption
thous. of lbs_. 424, 672 2 421, 252 379,405 335, 603 384, 754
Cold-storage holdings, end of month
thous. of Ibs . 49, 169 2 53, 150 61,111 67, 622 72, 398
1, 468
902
Exports
thous. of lbs._
1, 444
961
981
Production, inspected
thous. of Ibs. . 419, 124 412, 757 374, 151 330, 321 381, 531
Cattle movements primary markets:
980
960
812
Local slaughter
thousands
1,036
897
1,617
Receipts
thousands . . 1, 551
1, 535
1,303
1, 508
Shipments, stocker and feeder
_
thousands. 153
222
175
147
146
561
Shipments total
thousands
581
546
607
486
Prices:
Beef, fresh, carcass, good native steers,
.143
.169
.160
.195
Chicago
dolls, per lb._
.178
Beef, fresh, carcass, good native steers,
86.8
102.8
Chicago
rel to 1926
97.1
118.8
108.1
Beef, fresh, carcass, steers, New York
.155
dolls, per Ib
.172
.180
.205
.196
Beef, fresh, carcass, steers, New York
90.8
100.8
105.4
rel. to 1926
115.0
120.1
Cattle, corn fed, Chicago
7.68
9.08
dolls, per 100 Ibs
8.56
9.11
10.00
80.5
89.9
Cattle, corn fed, Chicago
rel. to 1926..
95.2
95.6
405.0

.195

.195

.195

.191

.168

.174

.195

.215

118.8

118.8

118.8

116. 1

102.4

105.7

118.8

130. 9

.205

.205

.205

.203

.173

.177

120.1

120.1

120.1

118.6

101.1

103.7

127. 4

128.9

10.31
108.2

9.97
104.6

10.33
108.4

9.14
95.9

9.28
97.4

10.73
112.6

11. 56
121.3

10.58
111.0

.

. 218

.220

HOGS AND PORK
Hog movements, primary markets:
1,841
Local slaughter
thousands.
2,938
Receipts
thousands
Shipments, stocker and feeder
33
_
thousands. Shipments, total _ _ _ _ _ _ _ thousands. . 1,099
Lard (included in pork products) :
Cold-storage holdings, end of month
_
thous. of Ibs.- 103,456
39, 623
Exports
thous. of Ibs
Production
thous of Ibs 126, 323
Pork production:
Apparent consumption
thous. of lbs_. 581,110
Cold-storage holdings, end of month —
Total
thous. of Ibs-. 031,199
Fresh and cured
thous. of Ibs 827, 743
E sports —
Total
thous. of lbs__ 55, 557
Other products than lard
thous. of lbs._ ] 5, 934
Production, inspected
.thous. of lbs._ 604, 427
Prices:
.182
Hams, smoked, Chicago
dolls, perlb.59. 2
Hams, smoked, Chicago
rel. to 1926- 0.40
Hogs, heavy, Chicago- -dolls, per 1001bs._
51.9
Hogs, heavy, Chicago
_.— rel. to 1926. .
Lard, prime contract, New York
.082
dolls, per lb_.

1.983
3,067

1,962
3,207

2,293
3,704

2,907
4,652

2,460
4,002

2,169
3,439

2,048
3,441

1,703
2, 799

1,487
2,617

1,782
2,918

2,123
3,215

2,084
3,293

36
1, 088

31
1,234

37
1,417

45
1, 739

41
1,542

37
1,269

39
1,392

38
1,090

35
1,133

30
1,139

40
1,082

47
1, 216

94, 693
44, 769
129, 090

78, 249
58, 395
127,516

74, 977
68, 760
147, 632

62, 624
68, 882
186, 062

51, 434
45, 114
150,538

31, 582
42, 552
119,355

36, 211
41, 396
101,672

59, 732
37, 417
88, 059

88, 868
49, 287
98, 167

118, 353
51, 670
121,351

120, 322
56, 666
133, 563

115, 270
62, 502
135,785

2

2

523, 963

563,934

508, 890

663, 947

608, 323

553, 479

636, 426

551, 557

558, 041

557,811

573, 489

598, 020

2
2

963, 217
867, 524

921,920
843,671

928, 385
853, 408

788, 888
726, 264

572, 626
521, 192

443, 286
411,704

393, 017
356, 806

507, 159
447, 427

639, 827
550, 959

769, 797
651,444

799, 543
679, 221

790, 437
675, 167

59, 406

73, 610

83, 470

86, 902

61, 134

62, 325

53, 798

53, 892

72, 719

75, 473

82, 054

03, 589

14,637
624, 301

15,215
630, 661

14.710
731, 633

18. 020
962, 175

16, 020
798,311

19, 773
665, 665

12, 402
575, 700

16, 475
472, 467

23, 431
500, 438

23, 803
603, 323

25, 388
664, 172

31, 028
665, 124

.184
59. 7
7.08
57.4

.187
60.7
7.18
58.2

.195
63. 5
6.73
54.5

.207
67.1
7.34 !
59.5 |

.213
69. 2
7.94
64. 3

222
72. 1
8,86
71.8

.221
71.7
9.86
79.9

.227
73.8
10.58
85.8

.229
74.4
9. 78
79.2

.230
74.7
8.94
72.5

.233
75.6
9.68
78.4

. 228
73. 9
10. 02
81.2

.090

.094

.085

.090

.100

.112

.119

.119

.114

.100

.102

.107

59, 095

54, 949

50, 967

58, 195

56, 348

50, 890

64, 946

58, 873

52, 646

52, 074

47, 764

53, 781

2

2, 529
58, 579

3, 063
54, 486

3,573
50,511

4, 081
57, 642

4,677
56, 453

4,628
51, 236

4,326
65, 060

4,320
59, 297

3,977
52, 268

4,476
51,861

4, 820
48, 239

4, 039
53, 375

3.29
50.0

3.79
57.5

3.69
55.9

3.44
52.1

2.93
44.4

3.38
51.2

3.84
43.1

3.08
46.6

3.09
46.9

3.06
46. 5

3.45
52. 3

4.78
72.5

8. 76
64.0

8.27
60.4

8.31
60. 7

7.98
58.3

7.40
54.0

7.13
52.0

7.03
51.3

7.35
53.6

7.72
56.3

8.13
59.3

9.73
71.0

9.04
66. 0

1,410
2, 713

1, 157
2,119

1,056
1, 964

1,201
2,175

1,230
2,307

1,079
2,607

1,597
3,784

1,479
3,580

1.266
2,583

1,362
2,296

1, 263
2,230

1, 240
2, 334

189
1, 304

103
948

105
908

184
979

282
1,081

761 1
1,534

1, 024 i
2,238

907
2, 016

465
1,317

206
940

216
955

142
1, 092

81, 359

SHEEP AND LAMBS
Lamb and mutton:
Apparent consumption
thous. of lbs__ 54, 604
Cold-storage holdings, end of month
thous. oflbs.. 2. 331
Production, inspected
thous. oflbs.- 54, 433
Prices—
Sheep, ewes, Chicago
dolls, per 100 Ibs 1
2.44
Sheep, ewes, Chicago
rel. to 1926- 37.0
Sheep, lambs, Chicago
dolls, per 100 Ibs I
8.36
Sheep, lambs, Chicago rel. to 1926—
61.0
Sheep movement primary market:
Local slaughter
thousands-- • 1,464
Receipts
-thousands2,810
Shipments, stocker and feeder
_ _ thousands 1
176
Shipments, total
thousands
1, 353
Miscellaneous meats:
Cold-storage holdings,
end of month
thous. of lbs._ 79, 351
Total meats:
Apparent consumption
mills, of lbs._
1,060
Cold-storage holdings,
end of month
_
mills, of Ibs.. i 1, 062
1,078
Production
mill, of Ibs —
a Rev sed.



1

2

85, 678

92,744

93, 747

84, 169

75, 818

72, 444

80,653

84, 324

90, 631

87, 980

83, 294

2

1, 004

998

895

1, 107

1,062

936

1,165

1, 045

1,020

1,025

1,007

1,076

2

1, 100
1,096

1,072
1,059

737
959
597
534
652
1,059
1,110
3,401 1 1, 254
966
1 Quarter e nded in nicnth ind icated.

788
956

929
1,066

959
1,088

950
1,120

1,092
1,112 !

SURVEY OF CURRENT BUSINESS

July, 19311

33

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

1931

1930

April

March

February

45,920
17, 443

69. 986
20, 600

95, 188
26, 008

101, 307
34, 472

104, 913
73,314

124
75.6

126
76.7

127
77.1

133
80.1

137
81.8

94, 865
137, 205
118,514 23S, 872
982 i 1,007

134, 928
546, 538
844

168,450
429, 576
461

86, 518
105,726
80

May

Jamary

Decem- I Novein-', October Septem- August j July
ber
ber

| June

May

FOODST UFFS— Continued
Meats— Continued
POULTRY
Cold-storage holdings,
*• end of month
Receipts at 5 markets __

thous of Ibs
thous. of Ibs.

Prices
Retail food (Dept. of Labor)
Wholesale food

.rel. to 1913..

2

35, 343
17,252
l
121
72.9 i

59,269
33,128

46,938
24,900

144
88.6

146
89.2

141
85,7

42,589 i 46,967
20,527 | 19,858

54, 253
23, 887

61, 167
21, 942

144
86.3

148
90.5

150
92.0

149,333
1,418

236, 592
164, 444
1,631

446, 188
401, 856
1,701

144
87.1 |

Sugar
Cuban movement (raw) :
Exports
Ion01 tons
Receipts at Cuban ports
long tons..
Stocks, end of month. thous. of long tons..
Prices:
Retail coverage, 51 cities
rel. to 1913..
Retail granulated, New
York
dolls, per lb_.
Wholesale, 98° centrif., New
York _
dolls per Ib
Wholesale, 96° centrif., New
York
rel. to 1926—
Wholesale, granulated, New
York
dolls, per lb_.
Wholesale, granulated, New
York - ' ...
rel. to 1926..
Raw:
Imports —
From Hawaii and Porto
Rico
- long tons
From foreign countries
long tons..
Meltings, 8 ports
..long tons
Stocks at refineries,
end of month
long tons.
Refined:
Exports, including maple
long tons..
Shipments, 2 ports
long tons
Stocks, 2 ports
.long tons-

231, 039 ; 413,400 291,311 274,588
231,039
150,277
150, 277 I 213,688 i 124,848 152,166
764
669
958
1,163

104

108

107

107

107

.050 ;

.050

.051

.053

.053

.053

.053 ;

.032

.033

.033

.033

.034

.033

.03*

102

107

107

111 I

111

111

115

.053

. 054

.054 \

.054

.055

057

.033

.031

.032 i

.033

.032

032

75.3 !
|
.046 |

7.4,4

74.0

.045

84.1 !

82.7

048
§ 6.7

106

;

160,710
1,279

73.5 \

75.6

75. 8

76.3

77.9

75.8

78.8

76.3

72.1

73.0 '

.043 ;

.044

.043

.045

.046

.046

.047

.044

.043

.044

78.3 '

SO.l

79.2

81.4

83.2

83.2

85. 0 i

80. 8

79.2

80.3

135, 457
279, 578
403, 337

150, 951
364, 493
351, 169

151, 980
212, 453
290, 337

81,700
122,071
258, 585

445, 535

420, 650

329, 324

293,938

5,332
65, 633
43, 880

4,612
49, 077
54, 665

3,085
54, 570
29, 070

3,572 i
42,717 1
34, 019

4,723
33, 645
42, 555

6,576 i 8,553
6,668
59,916 : 62,113 ! 72, 208
37,759 i 46,134 I 53,998

6, 184
.225

7,995
.225

5,223
.225

7,289
.225

8,029
.225

9,917
.223

161,260
151,815
332,556
463,730

:

i

3,338
57,670
32,632

]

l

5, 590
306, 500
207, 006

50,977 ! 82,660 117,776 | 132,240
293, 455 : 277,350 273,952 I 181,182 !
337,360 402,333 413,912 360,592 501,569

109, 929
201, 442
371,714

123,537
558, 190
469, 484

305, 208

321,930 | 283,778 378,969 I 442,894 j 444,415

622, 945

744, 247

7, 246
49, 066
533. 324

4,661
89, 928
48,600

4,742
69, 423
47, 827

074
822
80^
61, 571

8,717
.224

8, 134
.290

7,007
.292

6,555
.300

4, 712
300

139, 138
53.7
80.8

136, 623
43.5
81.1

163, 025
52.7
83.3

189, 075
49.0
85.3

158, 853
52.7
89.7

97.7
107. 4
54.9

100.0
107. 3
80.9

107.3
103.1
78.6

102.4
108.4
79.8

Tea

Imports
thous. of Ibs
Price, Formosa, fine, New York. dolls, per lb__

4,135
.225 ;

j

FOBEST PRODUCTS
Lumber
ALL TYPES
Exports
M ft. b. m.. 143,558 ' 135,771
New orders
rel. to 1923-1925..
41.5
39.2
Prices, wholesale, composite
rel. to 1926-.
73.3
68.4 j
Production index (.elect, energy
consumed)
rel. to 1923-1925..
97 2
91.5
Stocks, end of month..
rel. to 1923-1925
108.2
108.1
Unfilled orders, end of month.rel. to 1923-1925..
49.2
48.1 ,

273,818
240.3
74.2

67, 792
235.7
73.2

114,557
236.7
76.0

128, 424
33.8
78.1

93.2
108.8
48.8

84.2
2111.2

47.7

82.6
2113.2
2
46. 8

73.3
117.3
47.0

110,855
36.8
80.1
86.5
113.7
42. 6

2

122, 690
39.4
80.2

77.1
105.6
110. 0 ! 2108. 3
46. 3
[59.0

2

2

MOVEMENT
Retail yards, 9th Fed. Res. Dist.:
Sales
_M
Stocks, end of month
M
Retail yards, 10th Fed. Res. Dist.:
Sales
M
Stocks, end of month
M

ft. b. m..
ft. b. m..

8,451 ; 7,767
80,051 j 80, 816

5,236
81, 158

3,494
80, 251

3,563
76, 552

4, 145
70, 531

9,028
71,025

13,596 ! 12,516
73,743 1 79,471

12, 393
84, 567

12,110
88, 919

13, 943
89, 639

10, 876
92, 391

ft b. in
ft. b. m._

3,421 ! 3,368
38,816 | 39, 534

3,389
39, 657

2,641
38, 628

2,878
37,839

2,530
37, 739

3,940
38,108

5,114
33, 674

4,580
40, 116

4,262
41, 543

4,407
42, 700

3,803
43,211

4,750
44, 241

m
3,327 j 3,679
in • 2,629 1 3,326
m
3,315 1 3,226
m
23,467 ! 24, 191
m._
4,604 ! 5, 312

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

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

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

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

2 ^98
2, 759
2,554
23, 353
3,204

2,530
2,643
2,886
22, 985
3,188

2,983
3,301
3,331
23,915
2,953

3,541
3,616
4,416
24, 476
3,528

3,531
3,396
4,625
25, 469
3,975

3,481
3, 321
3,956
26,821
4,863

4,130
4,469
4, 669
27,428
4,738

i 32, 544
! 10, 256
i 28.32
68.2
!

22, 478
6,261
29.66
65.8

21,309
4,935
28.42
63.0

33, 509
8,163
30.73
68.1

35, 873
9,029
32.51
72.1

28,113
11,896
33.44
74.1

31,957
10, 590
34.01
75.4

44, 007
11, 509
33.48
74.2

43,312
9,153
31. 72
70.3

34, 276
10, 500
33. 89
75.1

47, 429
14, 970
33.06
73. 3

45,109
11,375
36. 53
81.0

154
146
161

173
165
176

188
158
165

169
143
158

125
134
125

133
143
148

154
158
169

176
161
180

139
165
154

128
172
150

3,175
2,713

3,205
2,731

3,249
2, 769

3,308
2,851

3,319
2,863

3,273
2,821

3, 270
2, 805

3, 261
2, 787

3,308
2,808

3, 323
2,795

3,294
2,737

3,217
2,614

463

473

481

456

456

452

466

475

500

526

557

603

694
593

703
598

713
601

726
607

611
511

610
509

608
504

601
494

610
497

609
488

598 i
470 ;

587
456

101

106

112

118

100

102

104

107

113

120

128

131

FLOORING
Maple flooring:
New orders _ __
_ -M ft b.
Production
M ft b
Shipments
M ft. b.
Stocks, end of month
_M ft. b.
Unfilled orders, end of month. M ft. b.
SOUTHERN YELLOW PINE
Exports:
Lumber
Timber
Price, flooring
Price, index . .

.

M ft. b. m._
M ft. b. m_.
dolls per M ft b m
rel. to 1926

34,067
5,827
28.82
63.9

HARDWOOD

All hardwoods:
New orders
Production
Shipments
Stocks, end of month—
Total
Unsold
Unfilled orders, end of
month
Gum:
Stocks, end of month—
Total
Unsold
Unfilled orders, end of
month..

1
Revised.



mill. ft. b. m.
mill. ft. b. m._
mill. ft. b. m._
mill. ft. b. m
mill. ft. b. m._
mill. ft. b. m.
mill. ft. b. m_
mill. ft. b. m_.
mill. ft. b. in

\
|
i
i
!

!
!
:
...j

143 |
214 i
165 |

195
240
203

34

SURVEY OF CURRENT BUSINESS

[July, 1931

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

1931
May

FOREST PRODUCTS— Continued
Lumber— Continued
HARDWOOD— Continued
Northern hardwoods:
Production
M ft. b. m__
Shipments
M ft. b. m
Oak:
Stocks, end of monthTotal
.mill. ft. b. m
Unsold
...mill. ft. b. m..
Unfilled orders, end of
month
mill. ft. b. m
Walnut logs:
Made into lumber and
veneer
M ft. log measure-- 1, 135
Purchases
M ft. log measure. .
828
519
Stocks, end of month. _M ft. log measure-Walnut lumber:
New orders _
M ft. b. m__
1,181
1 382
Production
M ft. b. m
1,277
Shipments
M ft. b. m
Stocks, end of month
M ft. b. m__ 15, 990
Unfilled orders, end of month. M ft. b. m _ _ 3,151
SOFTWOOD
California redwood:
New orders (computed)
M ft. b. m.. 19, 220
Production (computed)
M ft. b. m__ 17,616
Shipments (computed)
M ft. b. m__ 21, 568
Unfilled orders, end of month
20, 237
(computed)
M ft. b. in
Douglas fir:
ExportsLumber
. ,M ft. b. m 69, 043
Timber
._
-M ft. b. m__ 55, 586
New orders
M ft. b. m 188, 907
Price wholesale11.64
No. 1 common— dolls, per M ft. b. m._
Flooring, 1x4 "B"
and better, V.
G
dolls, per M ft. b. m._
Production
M ft. b. m 206, 813
Shipments
M ft. b. m 221, 586
Unfilled orders, end of month.M ft. b. m,. 135, 637
North Carolina pine:
Production (computed)
M ft. b. m__ 30, 233
Shipments (computed)
M ft. b. m_. 31, 780
Northern hemlock:
Production
M ft. b. m__
Shipments.
M ft. b. m..
Northern pine:
LathProduction
thousands
Shipments
- thousands .
LumberNew orders
M ft. b. m__
Production
M f t b in
Shipments
M ft. b. m
Western pine:
555
New orders
mill ft b. m
517
Production
mill. ft. b. m
581
Shipments
_ mill. ft. b. m .
Stocks end of month
mill. ft. b. m_. 1,206

1930

Decem- Novem- October
ber
ber

Febru- January
ary

S

April

March

12, 767
12, 808

17,878
12, 631

17, 252
12, 330

14,178
10,854

8,147
8,021

4,382
9,374

4,772
11, 285

4,371
11, 862

935
814

966
844

990
861

1,017
918

1,029
935

1,022
928

1,021
924

120

122

129

99 !

95

95

925
719
845

816
699
1,050

829
874
1,172

895
1, 179 i
1, 136 j

1,146
1,204
777

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

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

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

1, 152
642
1,064 i
18, 295 i
3,211 |

22, 480
18, 761
21, 898

24, 485
21, 795
24, 852

20, 695
23, 836
23, 555

22, 290

22, 726

23, 613

63, 159
37, 573
224, 272

15, 211
19, 964
217, 109

14, 951
14, 978
189, 355

12.12

12.68

12.86

29.74
201, 889
200, 099
215, 766

31.14
186, 222
195, 622
196, 517

31,241
34, 454
8, 616
7,437

2

July

June

9,225
11, 167

14, 363
12, 649

16, 321
13, 345

19, 560
18, 479

1,016
918

1,036
927

1,044
929

1,049
917

1,038
885

97

98

109

115

132

153

1,340
1,460
791

1,421
1,294
670

1,109
1,171
805

1,029
886
745

943
598
885

1,268
712
1,198

1,588
1,008
1,649

1,203
1,184
1,187
17, 670
3,118

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

1,809
1,386
1,907
18, 796
3,646

1,735
1,121
1,861
19, 334
4,085

1,698
1,174
1,511
20, 090
4,025

1,031
1,312
1,123
20, 454
4,016

1,989
1,850
1,696
20, 281
3,970

1,476
1,786
1,717
19, 634
3,389

25, 928
26,998
21,410

17, 857
23, 048
20, 307

21, 485
25, 900
20, 549

30, 603
35, 063
31, 808

27, 155
28, 337
27, 505

25, 293
28, 835
25, 044

30, 574
28, 335
31, 305

26, 092
31, 095
28, 384

30, 052
29, 650
29, 566

28, 725

22, 766

24, 514

24, 277

26, 150

26, 573

26, 254

25, 815

30, 880

53. 718
38, 251
16,081 • 12, 859
191,593 189, 355

42, 364
9,151
186, 222

43, 801
12,511
203, 232

48, 097
16, 114
217, 557

42, 129
25, 850
222, 929

61, 813
22, 369
213, 080

85, 004
41, 849
239, 939

60, 420
46, 979
291,419

12.82

12.99

13.25

12.98

13.14

13.44

14.47

14.30

15.16

31.65
179, 059
186, 669
181, 745

31.33
160,258
178, 164
182, 640

31. 73
167, 420
174, 583
188, 012

33.40
191, 593
179, 954
176, 373

33.77
208, 156
199, 651
137, 876

34.58
199,651
200, 546
176, 373

35.65
206,813
218, 452
134, 742

36.57
190, 250
231, 434
172, 344

36.94
253, 369
275, 751
199, 203

38.19
307, 982
294, 552
201, 889

27, 489
33, 250

24, 318
32, 417

24, 129
32,844

28, 350
30, 317

28, 140
34, 300

29, 386
35, 049

27, 832
35, 392

27, 349
33, 481

26, 803
30, 730

35,917
38, 164

38, 346
36, 666

6,583
5,432

6,085
5,508

6,526
6,094

5,812
4,955

4,046
6,596

4,374
7,436

6,876
6,751

8,223
7,007

13, 245
8,033

9,555
8,455

10, 595
9,539

None.
4,174

None.
1,450

33
3,162

1,273
3,671

3,229
6,047

3,968
4,833

5,214
4,473

4, 558
4,001

4,770
3,815

13, 990
2,167
13, 799

9,442
1,326
10, &77

12, 525
850
14, 280

21, 033
9.853
20, 498

17, 697
22, 925
17, 791

19, 503
27, 583
21,516

19, 962
37, 849
22, 101

24, 290
41,891
25, 160

21, 076
34, 543
27, 422

» August

May

448
382
459
1, 196

307
240
334
1,174

198
129
214
1,174

87
63
107
1,218

111
85
108
1,262

97
98
114
1,284

177
139
164
1,300

149
152
152
1,330

131
183
159
1,336

174
179
150
1,313

138
198
153
1,283

172
225
162
1,242

83
59

105
82

118
118

101
138

111
112

106
97

101
101

147
139

100
106

118
116

115
133

93
73

VENEER
Rotary-cut veneer:
Receipts
.
Purchases

_ .no. of carloads. .
no. of carloads

79
54

Furniture
Household furniture and case goods:
Grand Rapids districtCancellations
per cent new orders
New orders
no days' production
Outstanding accounts,
end of month
no. days' sales
Plant operations per cent full time
Shipments
no days' production
Unfilled orders,
end of month no days' production
Southeastern districtShipments
dolls., av. per firm-Unfilled orders, end of month
_
dolls., av. per firm..
Steel furniture. (See under steel manufactured products.)
Wholesale prices:
Beds
rel. to 1926..
Dining-room chairs, sets of six.rel. to 1926..
Kitchen cabinets
rel. to 1926. .
Living-room davenports
rel. to 1926..

j

86.8 :
94. 0
102.9 :i
89. 8

8.0
13

12.0
14

6.0
13

7.0
16

16.0
15

7.0
22

9.0
21

5.0
29

6.0
18

7.0
18

23.0
10

13.0
23

33
67.0
13

34
64.0
13

35
63.0
13

42
68.0
14

43
71.0
17

48
81.0
18

51
85.0
26

52
89.0
27

40
79.0
18

37
67.0
13

36
70.0
12

37
61.0
12

15

15

17

18

17

22

20

26

24

27

24

26

24, 765

34, 207

53, 091

63, 343

56, 456

45, 686

32, 956

41,015

14, 073

15,411

17, 335

25, 830

33, 432

35, 903

33, 951

22, 028

90.7
94.0
102.9
92.3

91.7
94.0
102.9
92.3

91.7
94.0
102.9
92.3

91.7
94.0
102.9
92.3

91.7
94.0
102.9
92.3

91.7
94.0
102.9
92.3

91.7
94.0
102.9
92.3

92.3
94.0
102.9
92.3

104.2

90.7
94. 0
102.9
93. 2

90.7
94.0
102.9
93.2

90.7
94.0 i
102.9
92.3
!

90.7
94.0
102.9
92.3

89.0

90.8

LEATHER PRODUCTS
General operations:
Prices, wholesale, composite. -rel. to 1926_.
Production index (Fed. Res. Bd.)
rel. to 1923-25..
Production index (elect, energy consumed)
rel. to 1923-25
Stocks, end of month
rel. to 1923-25. .
 2 Revised.


88. 1

88. 4

88.4

108 i

2 102

92

81. 0 !
76. 9 i

83. 9
2 77. 5

71.2
78.5

2

91.5

93.3

96.7

98.2

99.9

100.1

102.9

77

81

80

89

95

95

95

97

98

71.6
82. 9

68.7
84.2

63.0
82.5

84.9
81.8

73.5
79.5

87.7
78.6

97.3
79.1

96.8
80.3

66.3
78.6

i
87

76.1 !
2 79. 3 '

35

SURVEY OF CURRENT BUSINESS

July, 1931J

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

1931

1930
January Decem- 1 Novem- October Septem- August
ber
ber

May

April

March

February

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

2,857
4,404
6,160
4,453
19, 616

1,449
6,867
6,292
3,280
19, 468

1,107
4, 149
3,991
2,890
13, 417

1,670
5,186
5,863
4,040
20, 211

1,722
6,781
6,154
3,313
20, 471

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

6,888
7,268
2,821
21, 512

2,835
12, 743
6,807
3,289
27, 598

103
158
23

101
172
27

85
154
32

58
161
32

69
166
37

75
170
53

78
168
98

97
160
185

704
425
3,408
1,444

690
471
3,488
1,493

635
416
3,523
1,324

559
353
4,142
1,223

651
379
5,362 1
1,426

692
398
4,647
1,426

605
324
4,024
1,305

836
438
3,492
1,727

.085

.092

.090

.073

.095

.107

.118

60.2

65.5

64.1

52.1

67.7

75.9

.129

.135

.128

.117

.125

.144

74.1

77.9

73.5

67.4

71.8 1

83.0

24, 678
220, 846
32, 323
277, 847

23, 132
223, 182
34, 168
280, 482

24, 104
225, 315
33, 172
282, 591

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

July

June

|

May

1,403
11, 389
8,075
4,460
26, 681

1,295
11, 504
7,455
6,219
27, 960

3,505
13, 992
10, 016
7,626
37, 407

5,720
26, 839
12, 271
6,284
54, 900

84
140
114

75
124
79

81
127
56

81
159
36

108
174
23

760
374
2,773
1,591

700
363
2,724
1,413

710
375
3,187
1,411

654
356
3,689
1, 295

600
421
3,823
1,370

.133

.146

.136

.141

.152

.143

84.2

94.8

103.8

96.7

100.1

108.3

102. 0

.156

.172

.165

.161

.165

.175

.169

89.7

99.2

95.2

93.0

95.2

100.9

97.3

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

26, 972
227, 099
34, 546
288, 617

25, 536
218, 446
35, 490
279,472

27, 166
212, 980
36, 079
276, 225

27, 725
217, 302
34, 087
279, 114

30, 034
224, 209
32, 423
286, 666

30, 008
223, 025
28, 492
281, 523

LEATHER PRODUCTS— Continued
Hides:
ImportsCalfskins
thous. of Ibs. .
Cattle hides
_. ., thous. of Ibs _
Goatskins
thous. of lbs_.
Sheepskins
thous. of Ibs _
Total, hides and skins. _thous. of lbs._
Inspected slaughter of livestock:
Canada —
Cattle and calves --thous. of animals.Swine
. thous. of animals..
Sheep and lambs. --thous. of animals-.
United States —
Cattle ...
thous. of animals.Calves
thous. of animals _
Swine
_
. -thous. of animals .
Sheep
thous. of animals..
Prices:
Packers, heavy, native steers (Chicago)
dolls, per Ib .
Packers, heavy, native steers (Chicago)
rel. to 1926..
Calfskins, No. 1, country (Chicago)
__
__
. . _ dolls, per lb_.
Calfskins, No. 1, country (Chicago)
...
.
... rel. to 1926 .
Stocks, end of month:
Calf and kip skins
thous of Ibs
Cattle hides _
thous. of Ibs..
Sheep and lamb skins
..thous. of Ibs..
Total hides and skins
_. thous. of lbs._

26, 707
235, 649
33, 296
295, 652
1

Leather—Raw
Sole and belting:
Exports
thous. of sq. ft._
Price, oak, scoured backs (Boston)
.
.
dolls, per Ib
Price, oak, scoured backs (Boston)
_
rel. to 1926..
ProductionSole only.thous. of backs, bends, sides ..
Sole and belting
thous. of lbs_.
Stocks, end of monthFinished
thous. of Ibs
In process of tanning thous. of lbs._
Upper leather:
Exports
_,_
thous. of sq. ft._
Price, composite, chrome, calf, black "B"
grade —
_
dolls, per sq. ft._
Production
__. thous. of sq. ft..
StocksFinished
thous. of sq. ft_.
In process of tanning.thous. of sq. ft..

3,264

1,143

1,442

949

713

726

1,128

825

.370

.370

.370

.365

.381

.400

.410

673

374

640

849

669

.410

.440

.460

.460

.440

.460

691

84.4

84.4

83.3

86.7

91.3

93.5

93.5

100.4

104.9

104.9

100.4

104.9

1,137
20, 406

984
18, 219

951
17, 386

1,087
19, 559

1,226
21, 993

1,071
18, 777

1,333
23, 418

1,330
23, 137

1,316
23, 223

1,365
23, 894

1,310
23, 542

1,340
24, 355

87, 196
68, 933

88, 044
71, 122

90, 321
72, 488

91, 827
73, 261

90, 878
74, 135

86, 331
77, 485

84, 036
78,815

81, 569
80, 895

80, 018
84, 367

76, 863
85, 953

74, 799
77, 946

72, 724
85, 495

9,211

8,752

9,347

7,700

9,133

8,118

7,451

9,838

8,813

8,367

7,287

8,7C5

1, 1481

.356

.356
62, 536

.352
61,515

.354
54, 706

.359
52, 225

.367
59, 459

.367
53, 658

.372
65, 339

.372
63, 304

.371
61, 477

.371
62, 016

.371
60, 544

.371
60, 699

258, 613
125, 722

261, 057
127,867

264, 392
128, 967

282, 079
129, 513

289, 092
134, 633

279, 023
133, 357

270, 902
137, 513

255, 787
141, 495

254, 020
143, 063

259, 561
150, 287

262, 621
141, 506

255, 738
141, 190

84.4

Leather— Manufactures
Gloves cut...
..dozen pairs..
Shoes:
Exports
. thous. of pairs
Prices, wholesale —
Men's black calf blucher (Boston)
.dolls, per pair..
Men's black calf blucher (Boston)
_
rel. to 1926-.
Men's dress welt tanned calf, oxford,
(St. Louis)
dolls, per pair..
Men's dress welt, tanned calf, oxford,
(St. Louis)
_rel. to 1926 _
Women's black kid, dress welt, lace,
oxford _
. dolls, per pair
Production
thous of pairs
IRON AND STEEL
General Operations
New orders
rel to 1923-25
Prices, wholesale
rel. to 1926..
Production index (Fed. Res. Bd.)
rel. to 1923-25..
Production index (elect, energy consumed)
rel. to 1923-25Stocks, manufactured goods, end of month
rel. to 1923-25..
Unfilled orders, end of month. .rel. to 1920-25..
Ore
Iron ore:
Consumption
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 end of month—
At furnaces
thous. of long tons..
On Lake Erie docks
thous of long tons
Total
thous of long tons
Manganenese ore;
Imports
thous. of lone tons__
1
Revised




191, 120

175, 988

158, 485

162,388

157, 079

236, 263

236,911

219, 548

241, 146

209, 873

237, 377

240, 495

194

177

185

130

130

208

270

269

256

263

256

257

302

6.75

6.75

6.75

6.75

6.75

6.75

6. 75

6.75

6.75

6.75

6.75

6.75

6.75
105.5

105.5

105.5

105.5

105.5

105.5

105.5

105.5

105.5

105.5

105.5

105.5

105. 5

4.60

4.60

4.60

4.60

4.60

4.72

4.85

4.85

4.85

4.S5

4.85

4.85

4.85

95.0

58.0
87.2

95.0

95.0

95.0

29, 747

29, 364

83.6
87.5

274.5
88.1

23, 971

2

59. 8
88.4

95. 0

97.3

100.2

100.2

100.2

100.2

100.2

100.2

100.2

19, 889

3.66
17, 537

4.25
18, 541

4.25
27, 731

4.25
29, 334

4.25
28, 429

4.25
24, 121

4.25
23, 904

4.25
24, 512

70.9
88.0

58.0
88.3

67.8
88.6

70.7
89.5

74.4
90.1

86.1
90.7

84.0
91.7

95.9
92.9

66.9
88.1 |

72

75

78

73

64

59

65

75

86

93

93

110

2 110

106.8

108. 1

119.4

116.5

103.4

110.2

106.5

126.0

110.3

112.0

109.7

115.2

135.1

141.5
62.4

2 142. 8
67.4

145.7
69.6

141.1
68.6

141.7
71.6

146.4
76. 3

146.1
69.4

147.1
67.4

145. 3
67.9

143.3
70.5

152.8
78.3

148.1
77. 5

154. 0
79.5

2, 675
194

2,826
163

2,835
169

2,368
95

2,350
150

2,339
176

2,640
74

3,050
186

3,282
215

3,673
178

3,838
251

4,288
292

4,715
291

599
656

9
106

1,634
993

4,011
1,675

4,721
1,891

5, 586
2,492

6,346
2,515

5,755
2, 697

3, 987
2,100

1,769

176

1,988

5,531

6,488

8,252

8,587

8,650

6, 979

21, 968

23, 292

25,751

28,247

30, 430

32, 618

34, 761

34, 750

32, 323

29, 397

25, 493

21,087

17,072

5,147
27,115

5,430
28, 722

5, 765
31,516

6, Oil
34,258

6,190
36, 620

6,331
38, 949

6,466
41, 227

6,342
41, 092

6,043
38, 366

5,541
34, 938

5,022
30, 515

4,613
25, 700

4, 253
21,325

21

33

2

10

17

29

10

18

22

8

16

31

30

36

SURVEY OF CURRENT BUSINESS

[July, 1931

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

1930

1931
May

: April ! March

Novem- October Septem- August
S™- January December
ber
ber

F

July

June

May

IRON AND STEEL— Continued
Iron— Crude
Malleable castings:
New orders
_
short tons _
Operating activities per ct. of capacity.. 1
Production
short tons__
Shipments
short tons
Pig-iron production:
Canada
thous. of long tons
Merchant furnaces
thous. of long tons__
United States, total... thous. of long tons..
United States, total
rel to 1923-25
Pig-iron furnaces in blast:
Furnaces, end of month
number i
Capacity, end of month long tons per day..
Prices, wholesale:
Basic (valley furnace) .dolls per long ton._
Basic (valley furnace)
rel. to 1926..
Composite pig-iron. ..cdolls. per long ton..
Foundry, No. 2, northern
(Pittsburgh)
dolls, per long ton
Foundry, No. 2, northern
(Pittsburgh)
rel. to 1926

1

28,208
32. 1
31,344
36,686

: 236.086 ! 34. 331
35.9
! 2 36. 3
35, 210
2 36, 076
36, 677
; 2 37, 693

51 i
410
1, 994
66.7

54
404
2,020
67. 6 1

32, 566 ! 32,676 i
34.4
31.5
33,587 1 31,267 :
32, 663 31,536

57
356
2,032
68.0

46
317
1,707
57. 1

36
292
1,714
57.4 i

26, 433
31.1
30, 431
27, 474

27, 451
27.8
27, 114
25, 974

24, 171
29.0
28, 785
29, 206

26, 251
27.2
26, 528
29, 223

25, 409
26.2
25,614
31, 845

30, 068
31.0
30, 911
32, 656

33, 865
40.3
39, 347
43, 937

47, 022
53.8
53 , 502
55, 656

38
396
1, 666
55.8

46
375
1,867
62.5

40
373
2,165
72.5

49
407
2,277
76.2

57
513
2,524
84.5

65
564
2,640
88.4

66
630
2,934
98.2

81
619
3,233
108.2

95
51,330

107
60, 205

111
65, 965

123
73, 525

139
80, 620

144
83, 645

160
92, 590

180
103, 425

17.60
94.9
17.79

18.00
97.0
17.99

18.10
97.6
18.22 \

18.50
99.7
18.55

18.50
99.7
18.66

19.86

20.26

20.26

98.3

98.3

268, 664 283, 750 ! 367, 022
364,861 160,347 260, 123
430, 365 185,484 i 312, 950
933
1, 032
949

251, 027
155, 282
184, 795
840

105
61, 085

113
66, 980

116
67, 880

108
61,850

16. 25
' 87.6
16. 64

16. 50
89.0
16.75

16.50
89.0
16.72

16.75
90.3
16.82

17.00
91.7 !
16.94 !

17.00
91.7
71.01

17.00
91.7
17.14

17.00
91.7
17. 30

18.76

18.76

18.26

18.51

18.76

18.78

18.76

18. 89

9. 56

19.76

91.0

91.0

88.6

89.8

91.0

91.0

91.0

91.6

94.9

95.8

174, 244
154, 650
148, 749
1,014

227, 605
150, 227
149, 057
997

210, 584
95, 765
94, 251
916

178, 224
114,593
116, 186
797

163,390
98, 397
92, 702
721

85, 399
221, 775
181, 966
621

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

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

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

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

6,412
4,109
5,724
54,997

7,193
3,614
7,131
51, 657

9,495
5,910
10, 041
53, 686

14, 521
8,291
17, 774
59, 134

11, 894
6,321
12, 162
68, 182

7,392
4,603
8,736
72, 967

6,975 ! 6,874
7,103
4,703
6,342
7,266
76, 865 79, 605

5, 368
8,398
5,898
78, 908

10, 049
13, 140
9,537
139, 773

8,091
15,981
8, 448
136, 840

9,771
14,700
8,851
129, 643

9,122
11,500
15,957
14,689
8,632 ! 12, 082
124,238 117, 622

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

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

33, 760
23, 068
39, 158
121, 666

32, 259
15, 920
31,595
140, 508

22, 271
10, 066
24, 178
155, 184

16, 044
17,496
11,376 ! 14, 493
14, 384
18, 269
170, 941 177, 376

11, 047
15, 567
11,249
177, 674

4,863
5, 164
5,003

4, 330
5, 957
4, 293

4,451
6,781
4,013

4,483
6,801
4,100

6.267
6,961
6,091

7, 471
4,097
6,866

9.089
4,791
9,118

11,220
5,852
12, 390

11,350
4,643
10, 347

8,933
5,366
9,520

7,296
5,873
6,154

5, 331
7,639
5,047

50, 953

50, 632

48,978

45, 969

43, 613

38, 702

41, 420

45, 626

51, 964

57, 560

65, 034

65, 309

2.22

2.23

2.22

2.22

2.19

2.20

2.22

2.24

2.26

2.29

2.33

2.35

33. 25

33.53

33.84

31.00

31.00

32.50

88.6

88.6

83.6

92.9

102
57, 365

96.3 |

Iron— Manufactured Products
Cast-iron boilers:
Gas-fired boilersProduction
thous. B. t. u. _
Shipments
thous. B. t. u _ _
Shipments
dollars..
Stocks, end of month. ..mills. B. t. u._
Round boilers —
New orders
thous. of lbs_.
Production
thous. of lbs_.
Shipments
._ .thous. of Ibs
Stocks, end of month
thous. of lbs._
Square boilers—
New orders
thous. of lbs._
Production
thous. of lbs_.
Shipments..
.thous. of Ibs
Stocks, end of month
thous. of lbs._
Radiators:
New orders -thous. sq. ft. heating surface..
Production .thous. sq. ft. heating surface..
Shipments.-thous. sq. ft. heating surface..
Stocks, end of month
thous sq ft heating surface

85, 328 250, 001 286, 748
149, 507 359, 206 334, 266
202, 835 445, 101 396, 788
885
759
940

7,232 !
4,997 i
7,447
62, 662

Steel— Crude
Prices, wholesale:
Composite, finished steel
dolls per 100 Ibs
2.21
Iron and steel composite
31.39
dolls per long ton
Steel billets, Bessemer
(Pittsburgh)..
dolls, per long ton
29.50
Steel billets, Bessemer (Pittsburgh)..
rel. to 1926
84.3
Structural-steel beams (Pittsburgh)... ._
dolls, per 100 Ibs
1.65
Structural-steel beams (Pittsburgh)
rel. to 1926..
84.3
Sheets, black, blue, galvanized, and full finished:
New orders
net tons
148, 612
Production —
Per cent of capacity
per cent..
56.6
Total
net tons
201, 846
Shipments
. . . ..net tons
191, 942
Stocks, end of monthUnsold
net tons
82, 532
Total
...
..net tons
169, 444
Unfilled orders, end of month net tons.. 296, 731
Steel castings:
New ordersTotal
short tons
39, 044
Miscellaneous
short tons.. 27, 738
Railroad specialties
short tons. . 11, 306
Per cent of total to capacity.per cent..
27
Production—
Total
__
short tons
43, 141
Miscellaneous
short tons.
31, 070
Railroad specialties
short tons.. 12, 071
Per cent of total to capacity.per cent..
30
Steel ingots, production:
Canada .
thous. of long tons
75
United States, total. ..thous. of long tons..
2,505
United States, total
rel. to 1923-25..
72.5
Per cent of capacity
per cent_.
45
U . S . Steel Corporation:
Earnings
thous. of dolls
Unfilled orders, end of
month..
thous. of long tons..
3,620
Unfilled orders, end of
month
rel. to 1923-25..
75.8
2
Revised.




31.61

31.66

31.65

31.70

31.76

31.95

32.31

32.67

33.01

30.00

30.00

30.00

30.00

30.60

31.00

31.00

31.00

31.00

85.7
1.65

85.7
1.65

85.7
1.65

1.63

87.4
1.60

88.6

88.6

88.6

1.60

1.60

1.60

1.65

1.65

1.70

1.80

81.7

84.3

84.3

86.8

91.9

84.3

84.3

84.3

33.0

81.7

81.7

81.7

191, 987

236, 310

168, 564

180, 863

233, 289

135, 682

158,700

214, 454

148, 969

207,400

187, 412

204, 589

582
213,608
211,118

61.1
224, 322
208, 207

57.2
192, 218
179, 138

45.1
167, 865
170, 379

39.8
115,125
144, 040

43.6
148, 550
158, 182

50.6
193,934
193,516

48.8
179, 928
186, 639

48.6
173, 956
205, 774

50.4
186, 206
194, 767

58.8
205, 675
212, 930

73.3
274, 220
266, 436

91, 024
189,213
319,518

88, 363 82, 315 82, 708
185, 791 ! 182,240 202, 682
388, 599 373,148 432, 298

83, 988
200, 589
431, 324

85, 585
204, 702
461, 756

85,415 89, 334
92, 047
176, 846 i 189,915 181,614
325. 169 | 383,280 343, 439

i

85.7

87, 496
83, 629 96, 248
180, 285 184, 590 184, 586
360, 479 ! 378,601 295, 282

1
1

2 46, 007 48, 159
37, 147
229,812
2 16, 195 ! 11,012
232
33

40, 292
31, 156
9, 136
28

46, 810
32, 092
14, 718
32

49,387
30, 131
19, 256
34

48, 123 ! 45,552
31, 628 ; 32, 344
16, 495 13, 208
32
33 i

49, 542
38, 394
11, 148
34

50, 370
35, 085
15, 285
35

57, 850
43, 140
14, 710
40

61, 164 .
47, 450
13, 714
42

91, 077
49, 026
42, 051
63

248,250
2 35, 407
2 12, 843
33

49, 520
35, 610
13, 910
34

46, 294
35, 351
10, 943
32

46, 290
32, 093
14, 197
32

44, 290
32, 445
11,845
31

59, 522
43, 840
15, 682
41

61,919
44, 096
17, 823
43

64, 303
43, 575
20, 728
45

78, 977
52, 916
26, 061
55

90, 795
58, 002
32, 793
63

104, 984
61, 643
43, 341
73

99
2,994
86.6 i
54

83
2,502
72.4
49

58
2, 459
71.1
43

56
1,980
57.3
38

72
2 212
64.0
44

65
2, 693
77.9
50

58
2,840
82.2
55

56
3,061
88.5
59

68
2,922
84.5
56

95
3.419
98.9
68

99
3,983
115.2
74

91
2,722
78.7
49

56, 730
42, 519
14,211
39

7,191

6, 156

6,118

4, 191

7,949

10, 943

11,515

13, 000

13, 480

14, 377

16, 571

3, 898

3,995 I

3, 965

4,132 !

3, 944

3,640

3, 482

3,424

3,580

4,022

3, 968

4, 059

81.6

83.7 !

83.0

86.5

82. 6

76.2

71.7

75.0

84.2

83.1 I

85.0

SURVEY OF CURRENT BUSINESS

July, 1931]

37

MONTHLY BUSINESS STATISTICS—Continued
Earlier data for items shown here may
be found in the 1931 Annual Supplement to the Survey
IRON AND STEEL— Continued
Steel— Manufactured Products
Furniture, steel:
Business group —
New orders
thotis. of dolls..
Shipments
thous. of dolls..
Unfilled orders, end of
month
thous. of dolls. _
Shelving —
New orders
thous. of dolls..
Shipments
thous. of dolls..
Unfilled orders, end of
month
thous. of dolls. .
Iron, steel, and heavy hardware,
sales
rel. to Jan., 1921..
Iron and steel:
Exports
long tons
Imports
long tons.
Lock washers, shipments.
thous. of dolls..
Steel barrels:
Production _.
_
..barrels..
Per cent of capacity
per cent. _
Shipments
barrels. .
Stocks, end of month
barrels. .
Unfilled orders, end of
month
.
.thous. of barrels..
Steel bars, cold finished, shipments-short tons..
Steel boilers, new orders:
Area
thous. of sq. ft.
Quantitv
_
number __
Steel plate, fabricated, new orders:
Total
short tons.
Oil storage tanks
short tons
Structural steel, fabricated:
New orders —
Computed total
short tons
Per cent of capacity
_ per cent..
Shipments —
Computed total
short tons..
Per cent of capacity
per cent
Track work production
short tons-

1931
May

April

1,333
1,294
.

1,437
1,487

March

2
2

Febru- January
ary

1, 521
1,591

1,509
1,598

Decem- Novem- October SeptemAugust
ber
ber
ber

July

June

May

1,798
1,798

1,565
1,800

1,637
1,673

1,855
1,901

1,795
1,879

1,788
1,985

1,841
1,812

2,007
2, 1G8

2,310
2,342

763

725

775

844

933

932

1,168

1,203

1,249

1,331

1,528

1,492

1,651

471
376

370
387

416
436

375
356

376
393

242
468

429
458

534
593

512
497

526
555

596
604

699
705

725
752

465

370

387

407

388

405

632

661

720

704

736

746

754

129

134

123

104

110

123

139

175

165

161

162

167

180

91, 407
28, 107
172

101, 081
38, 702
179

109, 512
31,044
177

91,212
20, 513
163

92, 745
31, 706
140

101, 988
24, 338
115

111,968
34, 572
119

131,850
29, 730
153

131,211
29, 793
160

151,235
27, 408
173

131, 772
31, 849
161

159, 392
34, 755
228

196, 120
46, 081
290

610, 788 591, 399
41.9
43.1
618, 801 600, 566
42, 315
50, 328

550, 583
39.9
554, 332
59, 495

450, 134
33.1
449, 485
63, 244

421,814
32.6
427, 622
62, 595

412, 283
30.3
406, 327
68, 103

497, 539
36.5
500, 409
62, 447

616, 121
44.1
619, 558
65,317

564, 927
40.3
565, 204
68, 754

553, 842
39.6
552, 265
69, 031

612, 313
43.7
621, 091
67, 454

651, 559
46.4
638, 358
76, 232

731, 087
52. 1
736, 147
63, 031

2

1,053
22, 768

1,195
25, 141

1,253
25,011

1,392
21, 727

1,424
21, 943

1,437
15, 747

929
15, 456

986
20, 521

1,011
19, 338

1,114
19, 086

1,296
19, 241

1,290
27, 388

1,457
33, 010

573
646

825
689

665
2630

622
516

577
598

587
814

709
777

2851
1,189

1,282
1,254

1,357
1,371

1,410
1,309

2 1, 589
1,360

1,330
1, 283

26, 165
2,411

29, 916
7,749

31, 056
2,538

24, 438
3,585

27, 518
2,598

26, 787
5,118

33, 151
9,965

30, 197
4,518

41, 066
14, 916

36, 513
10, 056

38, 283
11,969

41, 774
9,869

38, 328
10, 495

152, 800
38.2

2

292, 800
73.2

184,400
46.1

158,400
39.6

162, 400
40.6

152, 800
38.2

151, 200
37.8

209, 200
52.3

155, 600
38.9

252, 000
63.0

270, 000
67.5

253, 600
63.4

279, 200
69.8

148, 000
37.0
7,453

2

158, 400
239.6
8,564

151,200
37.8
8,944

166,400
41.6
6,321

172, 000
43.0
5,626

168, 400
42.1
5,174

195, 200
48.8
4,212

239, 200
59.8
5,192

243, 200
60.8
5,642

262, 400
65.6
6,812

274, 800
68.7
8,774

280, 000
70.0
10, 553

265, 200
66.3
12, 799

219
122, 047
111, 727

400
155, 972
134, 472

231
126,592
106, 459

267
122, 136
115, 849

259
141,615
137, 608

274
149, 861
140, 598

283
124, 737
145, 979

263
152, 859
177, 384

338
153, 782
206, 634

380
197, 440
210.022

268
530

423
496

302
671

370
587

353
677

614
942

522
729

601
1,005

741
956

596
880

1,207

1,407

1,517

1,864

1,948

2,124

2,527

2,706

3,249

3,490

54.7
55.4

65.3
54.7

59.8
102.6

45.3
76.5

50.0
62.0

91.0
66.0

85.2
82.6

90.6
116.1

102.1
160.5

92.7
149.4

93.5

94.6

82.3

124.9

159.1

170.8

140.2

139.1

166.7

179.3

84
73

67
75

69
85

60
67

90
103

J36
96

114
120

91
128

126
176

135
197

Machinery
Electric hoists:
New orders—
Suantity .
no. of hoists. _
314
327
297
T alue
dollars
158, 355 140, 500 134,316
Shipments
dollars
135,086 113, 164 166, 438
Electric overhead cranes:
New orders
thous. of dolls
274
307
671
Shipments
thous. of dolls..
310
416
261
Unfilled orders, end of
month
. thous. of dolls..
1,420
1,552
1,413
Foundry equipment:
New orders
rel. to 1922-24.
57.7
174.4
54.1
Shipments
rel. to 1922-24..
69.7
118.6
72.9
Unfilled orders, end of
month
rel. to 1922-24..
180.1
123.8
314.6
Machine tools:
New orders
rel. to 1922-24
105
87
118
Shipments
rel to 1922-24
91
92
96
Unfilled o refers, end" of
month
rel. to 1922-24..
238
232
225
Oil burners:
New order
no of burners
5,517
5,168
4,608
Shipments
no. of burners..
5,229
5, 556
4,226
Stocks, end of month
no. of burners..
10, 060
8, 593
8,549
Unfilled orders, end of
month
no. of burners. . 1,007
1,395
1,107
Patents granted:
Agricultural implements
number..
67
67
60
Internal-combustion engines
number..
68
58
68
Total all classes
number
4,167
4,789
4,270
Pulverized-fuel equipment:
New orders, central system —
Furnaces and kilns.no. of pulverizers.. None.
None.
None.
Water-tube boilers_no. of pulverizers. . None.
2
2
New orders, unit system—
Fire-tube boilers. ..no. of pulverizers..
1
2
3
Furnaces and kilns.-no. of pulverizers..
1
1
2
Marine boilers
no. of pulverizers.. None.
None.
None.
Water-tube boilers.no. of pulverizers.. None.
9
13
Pumps:
Domestic shipmentsPitcher, hand, and windmill
no. of units
24, 255
22, 767
22, 417
Power, horizontal type_..no. of units..
2,145
667
2,135
Steam, power, and centrifugal —
New orders
thous of dolls
921
950
1,075
Shipments
thous. of dolls..
1,036
918
1,037
Unfilled orders, end of
month
thous. of dolls
2 2, 762
2,616
2,605
Stokers, mechanical, sales:
Power
horsepower.. 23, 646
18, 723
17, 993
Quantity
number..
65
63
80
Water-softening apparatus, shipments
_
.no. of units
702
785
851
r
W ater-sy stems, shipments
no. of units..
7,638
6,105
9,090
Wood-working machinery:
Cancellations- _
_ thous. of dolls
21
10
16
New orders
thous of dolls
484
487
527
Shipments
thous. of dolls..
451
513
545
Shipments.
no. of machines .
393
356
400
Unfilled orders, end of
month
»
thous. of dolls..
516
479
518
2
Revised.




1930

204

179

203

230

238

268

223

235

282

355

3, 708
2 3, 504
2 8, 762

3,748
3,952
8,571

5,026
5,025
8,604

6, 861
7,855
8,319

18, 152
18, 580
8,677

16, 457
17,036
10, 304

11, 581
11,354
11,940

9,130
9,593
13, 857

7,927
7,623
12, 161

9,835
8,178
9,221

725

521

725

724

1,718

2,146

2,725

2,498

2,961

2,657

44
76
3,715

41
58
3,215

58
67
4,251

52
54
3,023

41
49
2,871

43
35
2,871

27
30
2,423

51
52
3,452

109
144
7,670

49
59
3, 932

2
1

None.
2

None.
None.

None.
None.

None.
None.

2
None.

1
None.

3
2

None.
1

2
3

3
None.
None.
2

6
None.
None.
8

None.
3
None.
3

5
2
None.
15

None.
2
None.
10

6
3
2
24

3
3
None.
4

None.
1
None.
12

None.
5
6
15

None.

32, 902
1,657

24, 873
1,564

23, 056
1,325

21, 562
1,238

26, 917
1,992

36, 834
1,881

38, 902
2,378

37, 719
2,388

26, 601
2,885

36, 298
2,495

765
873

773
718

1,047
1,205

967
1,116

1,027
1,167

1,212
1,183

1,362
1,367

1,359
1,338

1,291
1,644

1,535
1,641

2

2

30

2,717

2,826

2,812

2,975

3,124

3,267

3,259

3,257

3,250

3, 605

13, 849
66

25, 902
85

11, 726
53

21, 103
71

38, 276
92

42, 899
128

29, 988
115

37, 761
150

47, 803
151

31,956
96

703
5,434

753
6,010

645
5,177

732
6,401

738
7,522

755
8,202

774
9,220

782
9,1599

752
10, 375

1,279
11, 120

13
474
491
421

9
486
383
400

21
470
500
529

16
459
506
442

17
605
564
441

17
648
516
488

12
498
606
694

27
733
821
624

10
836
913
615

11
779
723

502

557

467

520

636

588

470

593

705

785

38

SURVEY OF CURRENT BUSINESS

[July, 1931

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

1931

1930

May

April

March

Febru- January
ary

Decem- NovemOctober SeptemAugust
ber
ber
ber

43, 006
45, 518
152, 056

40,111
40, 449
163, 037

33, 196
34, 938
166, 158

28, 041
30, 616
160, 851

56, 494
68, 564
148, 909

52, 254
36, 008
167, 932

17,475

19, 987

20, 325

22, 067

24, 642

51, 785
54,811
217,451

45, 440
43, 221
232, 277

33, 851
36, 642
230, 817

30, 883
34, 438
212, 395

71,113
93, 870
192, 072

21, 295
24, 489
101, 513

22, 995
21, 719
107, 917

18, 641
18, 811
109, 508

15, 781
17, 768
107, 439

54, 448
56, 548
259, 893

52, 771
49, 443
273, 154

41, 532
41, 787
267, 828

51, 973

60, 293

87.8
73

July

June

48, 449
51, 836
165, 687

48, 706
53, 259
173, 860

54, 827
52, 189
181, 746

49, 375
59, 554
180, 903

May

IRON AND STEEL— Continued
Enameled Ware
Baths:
New orders
no. of pieces..
Shipments
no. of pieces..
Stocks end of month
no. of pieces
Unfilled orders, end of
month
no. of pieces
Lavatories:
New orders
_.no. of pieces..
Shipments
no. of pieces..
Stocks end of month
no. of pieces
Miscellaneous sanitary ware:
New orders
no. of pieces..
Shipments
no. of pieces..
Stocks end of month
no. of pieces
Sinks:
New orders
_..no. of pieces..
Shipments
no. of pieces..
Stocks end of month
no. of pieces
Small ware (except baths):
Unfilled orders, end of
month
- - .no. of pieces

30, 813
35, 489
168, 808

43, 750
48, 547
166, 248

41, 799
47, 970
162, 302

36, 712

20, 466

25, 142

29,939

36, 110

39, 497

44, 050

41,412

72, 493
48, 023
214, 472

41, 227
47, 078
205, 517

52, 509
58, 273
204, 496

54, 369
62, 369
185, 515

55, 062
59, 130
187, 150

56, 875
63, 895
187, 979

64, 792
62, 337
197, 117

59, 984
72, 124
192, 197

29, 785
33, 527
106, 152

25, 092
19, 680
112, 460

21, 453
22, 065
108, 795

27,840
29, 142
106, 858

28, 449
31, 485
100, 585

28, 365
29, 807
101, 920

23, 537
25, 987
104, 102

27, 159
27, 283
125, 505

30, 878
35, 399
132, 146

35, 873
39,211
259, 442

63, 074
80, 095
244, 880

61, 567
43, 968
261, 800

44, 897
51, 027
253, 374

58, 504
61, 486
246, 632

57, 606
64, 044
243, 845

55, 785
62, 454
254, 426

61, 766
64, 459
257, 039

62, 424
61, 329
261, 633

61, 803
75, 123
261, 556

53, 470

56, 686

65, 566

109, 086

61, 605

74, 198

84, 246

101, 720

113, 899

126, 062

122, 636

88.7

89.0

88.9

89.3

90.0

90.2

90.4

91.8

92.7

94.3

95.4

73

77

79

85

87

95

97

96

97

96.8
101

78

96

94.0
219.3

94.6
2220.4

103.5
219.9

112.3
224.4

95.0
227.4

97.8
228.1

89.6
231.1

87.0
234.1

97.4
223.3

95.2
213.4

95.1
205.4

106.8
203.6

116.3
198.9

126.5

2 126. 9

144.8

2 130. 7

130.9

129.6

139.8

134.1

137.0

137.2

119.0

111.7

97.1

716
1,844
2,560

832
1,829
2,661

687
1,820
2,507

766
2,090
2,856

647
1,459
2,107

791
1,904
2,695

1,033
2,069
3,101

1,042
1,850
2, 892

954
1,964
2,918

900
2,161
3,061

1,170
2,742
3,913

933
3,140
4,073

24, 179
54, 567

31,536
74, 685

28,947
60, 636

42, 192
60, 209

32, 208
69, 854

37, 773
62, 693

30, 715
75, 703

30, 478
65, 169

33, 141
56, 810

32, 421
75, 436

34, 960
71, 887

40, 186
75, 760

. 0939

.0985

.0972

.0984

.1030

.1011

.0960

.1031

.1069

.1102

.1205

.1276

68.0

71.4

70.4

71.3

74.6

73.3

69.6

74.7

77.5

79.9

87.3

92.5

269
2 46, 452

70
48, 702

76
47, 504

72
48, 059

76
48, 726

83
53, 141

83
55, 954

89
56, 584

84
56, 136

83
54, 249

86
56, 743

90
60, 238

100, 501
52, 085

102, 058
57, 922

99, 853
55, 229

102, 458
53, 429

106, 366
60, 022

112, 646
64, 816

118, 229
70, 419

116, 004
68, 487

120, 778
66, 698

123, 179
67, 638

124, 821
69, 155

132, 183
75, 936

193, 876
367, 921
325. 0
2
128, 877

198,811
354. 205
312.9
2
136, 958

203, 224
363, 629
321.2
128, 685

210, 637
363. 827
321. 4
129, 390

218, 799
367, 175
324.4
136, 252

223, 280
369, 832
326.7
143, 214

240, 145
364, 930
322.4
157, 344

236, 464
360, 650
318.6
156, 705

234, 135
347, 688
307.1
154, 743

242, 212
322, 039
284.5
148, 929

253, 834
316, 762
279.8
150, 697

265, 106
308, 646
272.6
153, 488

1, S95
34, 816
35, 498

3,762
35, 498
41, 775

2,508
46, 902
39, 464

2,721
55,331
43, 405

2,896
48, 705
48, 517

3,963
48, 400
43, 423

3,361
63, 584
50, 402

2,746
52, 907
48, 491

3,673
60, 978
52, 980

2,570
45, 194
51, 538

5,975
55, 801
50, 721

5,100
77, 372
52, 818

NONFERROUS METALS
General Operations
Prices, wholesale, metal and metal
products
-rel. to 1926..
Production index (Fed. Res.
Bd )
rel. to 1923-25..
Production index (elec. energy
consumed)
- ...rel. to 1923-25. .
Stocks end of month
rel. to 1923-25
Stocks' raw materials, end of
month
rel. to 1923-25 _.

Raw Materials
Babbitt metal consumption:
731
Direct by producers
thous. of lbs__
1, 678
Sale to consumers
thous. of Ibs
Total apparent
-- -thous. of lbs_. 2,409
Copper:
Exports
short tons.. 22, 951
Domestic shipments, refined. .short tons.. 45, 265
Prices, wholesale, electrolytic
(N. Y.)_
dolls. perlb__ .0867
Prices, wholesale, electrolytic
62.8
(NY)
rel. to 1926..
Production—
68
Index (Fed. Res. Bd.).rel. to 1923-25..
Mines
short tons.. 45, 671
Refined (N. and S.
America)
short tons 102, 695
53, 734
Smelters
short tons
Stocks (N. and S. America),
end of monthBlister
- short tons.. 180, 578
Refmed
-_
short tons.. 398, 667
352.2
Refined
rel. to 1923-25
World production, blister
short tons.. 130,486
Lead:
Ore shipments —
1,881
Joplin district
short tons
41, 576
Utah
- short tons
Production, refined
short tons.. 39, 519
Production (Fed. Res.
78
Bd )
_
rel. to 1923-25..
Price, pig, desilverized (New
York)
.dolls, per lb_. .0382
Price, pig, desilverized (New
York)
rel. to 1926
45.4
Receipts in United States, ore.short tons..
Tin:
Deliveries (consumption)
long tons.. 5, £05
Imports (bars, blocks, etc.)
long tons.. 5,483
Price, wholesale, Straits (New York)
dolls per Ib
.2320
Price, wholesale, Straits (New York)
.
rel. to 1926. . 35.5
Stocks, end of monthUnited States
.. long tons5, 698
World visible supply
long tons.. 51,231
Zinc:
Ore, Joplin districtShipments
short tons
22, 470
Stocks, mines, end of month
short tons
65, 480
Price, slab, prime western (St. Louis)
dolls, per lb._ .0331
Price, slab, prime western (St. Louis)
45.1
. rel. to 1926
Production ._
short tons.. 25, 688
Retorts in operation end of month
^
number
23, 024
Stocks, end of month
short tons. . 143, 049
1
Revised*




71

79

82

83

92

83

94

101

106

103

99

104

.0441

.0453

.0455

.0480

.0510

.0510

.0515

.0550

.0549

.0525

.0541

.0552

52.4
34, 694

53.8
37, 878

54.0
35, 512

57.0
42. 110

60.6
40, 462

60.6
38, 820

61.2
46, 237

65.3
48, 354

65.2
45, 542

62.4
44, 433

64.3
47, 692

65.6
49, 530

6, 630
6, 126

6,120
6, 986

5, 100
5,903

7,210
8,113

7,495
6,659

6,270
6,470

7,580
5,929

7, 250
5,523

5,695
5,979

6,130
5,259

5,885
6,793

5,710
8,829

.2512

.2707

. 2631

.2610

.2527

.2589

.2686

.2964

.3002

.2981

.3030

.3213

38.5

41.5

40.3

40.0

38.7

39.6

41.1

45.4

46.0

45.7

46.4

49.2

6,212
48, 462

7,917
48, 607

5, 862
49, 339

4,904
43, 619

4,693
42, 498

5, 372
40,811

4,823
39, 676

6,323
40, 150

7,533
43, 805

6,786
41, 950

7,728
42, 611

6,767
39, 771

27,261

17, 163

25, 389

25, 987

31,056

39, 478

33, 474

32, 122

37, 994

24, 974

41, 819

52, 454

61,110

63,001

58, 534

56, 013

47, 000

49, 441

45, 689

41, 663

38, 565

28, 729

19, 553

20, 802

.0372

. 0400

.0401

.0404

.0410

.0427

.0406

.0427

.0436

.0435

. 0444

.0464

50.7
29, 137

54.5
32, 328

54.6
29, 562

55.0
32, 522

55.9
32, 733

58.2
32, 097

55.3
40, 922

58.2
40, 470

59.4
41,012

59.3
40, 023

60.5
43, 458

63.2
44, 556

29, 072
143, 212

34, 221
141, 493

35, 518
144, 389

35, 635
145, 076

33, 640
143, 618

37, 492
145, 618

41, OC4
143. 327

44, 974
134. 835

50, 404
126. 835

46, 030
117. 724

52, 428
113.090

52, 072
106. 080

39

SURVEY OF CURRENT BUSINESS

July, 1931]

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

1931
May

NONFERROUS METALS— Continued
Manufactured Products
Electrical equipment:
Delinquent accounts, electrical trade.
(See under Distribution movement.)
1,791
Electric furnaces new orders kilowatts
Electric goods, new orders (quarterly)
thous of dolls
Electrical porcelain, shipments2,144
Glazed nail knobs thous. of pieces. . 2,061
76, 313
Special
dollars. _ 78, 983
52, 009
Standard
dollars.. 57, 462
1,309
890
Tubes
thous. of pieces
1,281
Unglazed nail knobs. thous. of pieces. . 2,323
72, 003
Industrial reflectors, sales
units.. 67, 256
Laminated phenolic products, shipments
633
711
thous. of dolls. .
Manufactured mica135
128
Shipments
thous. of dolls..
Unfilled orders, end of month
138
119 ;
thous. of dolls..
Motors (direct current) —
473, 767
Billings (shipments)
dollars
536, 272
New orders
dollars
Nonrnetallic conduits, shipments
5,112
.....
thouslof feet...
Outlet boxes and covers, shipments
thous of pieces
1,303 ! 1, 619
Power cables, shipments. __thous. of feet...
Power switching equipment, new orders111,875
Indoor.
dollars..
| 216 145
Vulcanized fiber1,475
Consumption.
thous. of lbs_.
432
Welding sets, new orders8
Multiple operation
units
169
165
Single operation
units..
Miscellaneous products:
90.4
86.8
Brass sheets
rel. to 1926..
Copper-wire cloth —
299
275
New orders
thous. of sq. ft._
Make and hold orders,
514
554
end of month
thous. of sq. ft..
340
256 |
Production
thous. of sq. ft_.
277
297
Shipments
_ thous. of sq. ft
1,073
1, 096
Stocks, end of month. .thous. of sq. ft._
Unfilled orders, end
174
302 1
of month
_
thous. of sq. ft
Enameled sheet-metal ware,
264,
953
1
281,339
shipments
dozen pieces. .
Pails and tubs, galvanized—
1 143,258
Production
dozen pieces
! 140,080
Shipments
dozen pieces
Other galvanized ware! 34, 929
Production
dozen pieces
; 42, 287
Shipments
dozen pieces
PAPER AND PRINTING
General Operations
New orders
rel. to 1923-25..
Production index (Fed. Res.
Bd )
rel to 1923-25
Production index (elect, energy consumed)
(paper and pulp)
_.
rel. to 1923-25-.
Stocks, end of month
rel to 1923-25
^
Wood Pulp
Ground wood:
Consumption and shipments. .short tons._
Production
short tons
Stocks end of month
short tons
Soda:
Consumption and shipments, .short tons..
Production
short tons
Stocks, end of month
short tons
Sulphite, unbleached:
Consumption and shipments.. short tons_.
Imports
short tons
Price
dolls, per ICO lbs__
Production
short tons
Stocks, end of month
short tons._
Sulphite, bleached:
Consumption and shipments.- short tons..
Imports
short tons..
Production
short tons
Stocks, end of month
short tons
Total sulphite:
Consumption and shipments.. short tons..
Production
short tons
Stocks, end of month
short tons
Sulphate:
Consumption and shipments—short tons..
Production
short tons
Stocks, end of month
short tons
Other grades:
Consumption and shipments short tons
Production
.
short tons
Stocks, end of month
_ .short tonsTotal chemical (all grades) :
Consumption
short tons
Production
_
short tons..
Stocks, end of month
short tons..




March

April

1930

Febru- January
ary

December

No

*T"

October

2, 202

3, 317

Septem- August
ber

July

June

May

i

2,046

2,358

1,489

4,599

'181,265

208, 936

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

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

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

689

630

605

142

137

133

110

141

445, 833
396, 958
3,508

2,866

5,899

3,665

16, 602

3292,902
2,243
133, 654
68, 483
782
1,120
135, 687

2, 464
116,935
72, 825
1,140
1,524
134, 783

3,292
111,941
80, 368
1,266
2,211
109,977

789

722

925

868

122

156

162

195

107

109

88

137

166

621, 114
474,611

596, 670
820, 444

708, 095
719, 846

644, 252 673, 415
677, 348 935, 040

776, 681
633, 088

4,067

4,235

3,397

3,564

4,021

4,021

1,491
2,260

1,517
1,980

1,703
2,033

1,512
1,936

69, 202 84, 160 118, 431 121, 930
219, 232 342, 771 298, 354 319, 668

136, 559
451,051

172, 186
366, 584

128, 303
448, 802

1,834
2,007
91, 564 93, 677
47, 994
51,016
522 j
801
1,164
1,159
76,659 115, 736

2,044
131,815
73, 659
1,156
1,615
113,316

551

674

1,023

854

101

132

150

141

105

104

90

104

418, 228
450, 204

393, 558
680, 251

500, 165
617, 454

433, 530
457, 518

3,667

3,997

2,417

3,713

i

5,012

3228,733

1,677
1,957

2,218
2,453
99, 576 111,029
65, 581 69, 656
334
1,146
1,222
1,605
125, 786 127, 608

2,179
2,108

1,630

1,326

1,139

1,678

75, 303
269, 425

64, 736
201, 344

76,052
228, 862

77, 248
178, 160

1,975
484

1,652
426

1,369
385

1,421
318

1, 513
359

1,824
465

1,945
447

1,828
430

2,121
450

1,967
541

2,144
517

11
177

4
136

23
155

13
152

2
153

6
200

9
194

8
221

10
207

7
228

1
274

91.4

89.7

90.7

93.6

92.7

88.9

92.5

94.0

95.9

100.9

103.9

357

309

404

337

269

363

299

336

378

360

378

557
330
308
1,079

530
297
304
1,083

539
344
309
1,145

530
310
303
1,176

606
385
356
1,160

533
384
317
1,173

516
387
353
1,117

525
373
347
1,118

565
370
395
1,107

540
401
359
1,145

574
332
311
1,097 i

1, 824

186

211

217

165

166

199

241

264

279

232

252

312, 916

289,205

267, 232

250, 568

263, 365

329, 337

297, 622

146, 438
144, 637

312, 781
120, 723

103, 677
133, 977

87, 140
68, 898

60, 798
68, 330

31, 542
29, 579

34, 347
28, 142

23, 716
25, 958

21, 657
15,915

16, 061
21, 296

85.8

93.2

309, 645

213, 420

247, 861

290, 617

130, 906 103, 177 103, 050
115, 185 116,875 103, 354

91, 879
104, 096

89, 982
82, 956

113,645
107,496

40, 084
41, 126

38, 218
46, 310

46, 730
43, 827

42, 056
33, 874

40, 646
33, 140

44, 405
43, 483

106. 0

100.5

102.2

104.5

107.3

103.0

109

111

116

119

100.2 ;

100. 7

2 103. 3

296.7

97.2

;

110

110

109

105

127. 0
128.6

111.8
125.9

117.0
122.6

112.3
121.7

120.0
127.4

119.3
118.1

115.1
117.4

119.9
112.0

137. 5
112.9

132.2
106.8

116,914 2111,165 296,823 2 108, 349
14, 652 2 15, 656 2 14, 394
23, 136
i 95,937 107, 208
136,438 2116,311
1 93, 131 2 73, 606 2 68, 460 2 69, 346

109, 740

27, 024
110, 578
75, 498

110, 502
21, 77G
102, 957
74, 660

121, 335
31, 305
96, 465
82, 205

109, 860
29, 502
92, 872
107, 075

116, 886
21, 261
97, 895
124, 063

122, 709
17, 186
104, 997
143, 054

124, 903
18, 534
140, 603
160, 766

136, 293
17, 432
162,911
147, 710

28, 512
29, 162
4,366

27, 128
28, 560
5,118

28, 346
28, 966
4, 938

28, 954
30, 684
5,642

28, 638
30, 052
5,248

28, 868
29, 962
5,166

28, 984
30, 326
5,420

30, 004
32, 366
5,426

35, 676
38, 532
5,652

2 18, 882 220,554 2 20, 194
34, 289 50, 271 87, 600
2.35 !
2.48
2.48
2 18, 878 2 19, 384 2 20, 354
2 4, 320 25,490
24,316

18,272
63, 870
2.48
17, 860
5,474

18, 238
76, 850
2. 48
18, 532
5, 886

22, 316
52, 286
2.48
22, 166
5, 592

18, 938
52, 426
2.48
18, 888
5,742

19,122
60. 198
2.48
19, 608
5,792

18, 530
57,317
2.48
18, 860
5,306

19,398
64, 687
2.48
19, 464
4,976

20, 488
47, 042
2.48
21, 200
4, 948

37, 272 2 40, 544 ] 243.090 241,616
30, 511 32, 863 ! 25, 592 36, 995
38, 092 2 240, 600 H0,462 241,402
5, 376 25,320 2 7, 948
4, 196

38, 844
30, 322
38, 698
9, 206

40, 634
30, 595
40, 938
9,352

48, 118
30,484
47, 790
9,048

49, 050
30, 567
49, 830
9,376

48, 094 42, 986
26, 880 2 28, 256
48, 340 42, 136
8,250
8,596

47, 892
30, 955
50, 096
9,200

52, 652
25, 548
52, 738
6,972

115,960 2115,794 2117,122 2121,774
115,974 2115,022
2112,552 2 120, 628
18, 734 2 18, 998 ! 219,770 224,340

116,830
117, 158
28, 720

120, 780
121,276
28, 392

141,852
140, 264
27, 896

128, 936
129, 242
29, 484

131, 454
131,382
29, 178

124, 326
123, 718
29, 250

136, 578
137, 768
29, 858

146,014
146, 280
28, 632

234,014
! 235,880
2
36, 542 i 2238,104
2
10, 152 10,092

233,722
2 36, 674
2 10, 426

33, 190
36, 204
10, 006

34,110
37, 208
9,494

41,446
44, 454
8,974

38, 990
42, 378
8,966

41, 970
44, 374
8,498

38, 754
40, 562
9,088

39, 066
41,290
9,998

43, 504
46, 134
10, 296

1,258
1,190
624

124
92
28

110
122
60

136
168
48

150
128
16

174
188
38

160
160
24

214
196
24

168
188
42

178, 652 ! 2 181, 902 2 185, 266
182, 056 > 2181, 176 2 2187, 594
34. 858 35. 192 39, 756

177,272
182,014
43, 872

183. 346 212, 388 196, 714
187, 572 215, 570 201, 800
42. 882 42. 560 43, 714
Quarter ended in month indicated.

202, 466
205, 906
42, 880

192,224
194, 766
43, 782

205, 862
211, 620
45, 306

224, 362
231, 134
44, 622

135.1 !
126.1

2

123.0 i
123.4
i

109. 6
131.2

101

:

27, 660 27, 884
29, 304 29, 422
4,998 | 4, 624

27,412
2S, 102
4, 414

34, 483
2.15
;

28, 614

2 Revised*

!

i
1

21, 178
30, 724
2.15
21, 076
3, 936

!

39,082
41,292
9, 594

1
i
i

844
898
764

183,298
i 186,266
1 33. 506

1,184
1,188
710
2
2

1,016
1,098
706

2

3

103

107

109

3

2

40

SURVEY OF CUERENT BUSINESS

[July, 1931

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

1931
May

April

208, 935

206, 571
224, 021

I
Febru- January
ary

March

1930

December

N

™ October

Se

July

^H August

June

May

PAPER AND PRINTING -Continued
Paper
Box board:
Consumption of waste paper, .short tons..
New orders
short tons
Operation
thous. of inch hours. .
Operation...
p. ct. of capacity-Production
_
short tons .
Shipments
short tons..
Stoeks, end of month
short tons_.
Stocks of waste paper, end of month—In transit and unshipped
purchases
.short tons _
At mills.
..short tons..
Unfilled orders, end of month. short tons..
Newsprint:
Consumption by publishers,
U. S.
short tonsExports, Canada
short tons—
Imports, United States.
..short tons..
Price, roll, f. o. b. mill
dolls, per cwt_.
Production —
Canada __. _
. _ _ .short tons..
United States, total
short tons..
Per cent of capacity _
ShipmentsCanada
short tons
United States
short tons
Stocks, end of month—
At millsCanada
short tons
United States
short tons
At publishers, U. S
.short tons .
In transit to publishers,
U. S
.
short tons .
Other paper:
Binders' board, production
short tons
Book paperProduction
short tons
Per cent of capacity
.
Shipments
.. short tons..
Stocks, end of month
short tons
Fine paper—
Production
short tons..
Per cent of capacity...
Shipments
short tons..
Stocks, end of month
short tons
Wrapping paperProduction
short tons
Per cent of capacity _
.
Shipments
short tons_.
Stocks, end of month
short tons—
All other gradesProduction
short tons..
Shipments
short tons..
Stocks, end of month
short tons..
Total paper (including newsprint and box
board)—
Production
.
short tons _
Per cent of capacity
_.
Shipments
short tons
Stocks, end of month
short tons..

227,116

199,229 ' 2162, 528
222,511 198,296 211,782 i 173,258
7,520 i
8,175
7,345
6, 261
2
271.2
70.1
264.5
53.1
226,011 205, 785 211,691 176,483
2224,023 203, 202 209,660 175, 170
74,482 ! 72, 451
« 79, 053
77, 065
210, 590 2191,331

2

7,903

8, 023
71.6
224, 770
225, 977
80, 577

227, 806
81, 784

35, 641
167, 525
46, 680

25, 026
167, 478
45, 541

179,836

185, 432
192, 688

174, 325
152, 360
175, 242

202, 607
101, 202
69

67.8

230,537

51, 301
167, 846
49, 326

35, 229
191,507
50, 838

34,510 ! 34, 292
197,699 i 201,597
55,744 1 53, 622

200, 545
169, 345
3.10

179,340

150, 403
144, 236
148, 388
3.10

172,110 ! 194, 144

205, 838
102, 450
70

187, 005
100, 590
68

164, 552
88, 788
65

182,657 i! 184, 755
101,990
99, 276

202, 280
102, 555

205, 752

101,819

187, 730
101, G44

162, 350
90, 901

180. 027 ! 188, 845
ICO, 440
99, 062

39, 962
32, 956
178, 333

39, 754
34, 289
185, 560

39, 850
32, 254
190, 728

42, 259
33, 627
211,142

44, 859

45, 352

44, Oil

39, 486

1, SG9

1,401

1, 543

160,660 1 166, 645

153, 362

3.10 \

69

38, 768

;

:

223. 071
226, 899
69.7
228, 257
228, 439
67, 720

207, 596
230, 380
7,893
66.9
68.1
224, 391 222, 788
224, 141 223, 427
67,652 ,
67, 902

30, 649
184, 598
55, 534

45, 960
165, 499
61, 978

36, 108
187, 508
63, 518

163, 895
194, 820
175. 996
3.25

201, 703 ; 213,817
92, 337 105, 450
72
68

195,490

210, 793
220,
965
2
7, 842
69.1
221, 525
225, 336
68, 291

232, 581
234, 448
8,378
71.0
239, 186
238, 079
72, 102

43, 393
175,645
65, 819

38, 241
184,451
58, 866

34, 919
185,972
63, 237

157,426

170, 107
169, 280
3.25

163, 666
199, 060
193, 595
3.25

177, 800
194, 322
206, 927
3.25

193, 998
225, 251
207, 605
3.25

95, 261
70

202, 043
101, 601
72

216, 978
102, 840
73

213, 634
108, 398
80

237, 681
118. 093
80

221, 748
102, 808

193,835

197,870

96, 048

99, 236

209,511 212, 670
103, 018 106, 883

239, 634
114, 702

52, 547

34, 910

177,486

57, 377

184, 615

225, 495

173,149

183,388

3.25

195, 953
3. 25

200, 776
209, 944
3.25

69

213, 673
93, 631

7,907

215, 879
221, 840

8,030

217,651

33,318

198, 151

211, 716

62, 495
30, 879
215, 685

59, G07
30, 691
227, 443

52, 862
29, 284
221,368

45, 229
29, 507
200, 651

44, 409
27, 924
199, 363

39,022 |

38, 821

50, 539

41,017

41, 970

38, 885

32, 422

36, 274

46, 702

1,515 i

1,477

1,317

1,894

1,342

1,620

1,400

1, 592

1,974

100, 188

105,017

115,340

103, 525
74
106, 838
114, 766

102, 602

101,090
114,302

93, 897
73
93, 428

105,017
78
107,012
118, 362

111, 720
87
109. 932
120, 778

124. 133
93
117,306
118,410

35, 141 2 32, 534 232,835
74
73
66
67 2
2
32, 339 22 34, 707
33, 100 2 33, 981
61, 148 i
62, 459 : 62, 905 2 61, 340

25, 485
52
24. 873
68, 310

29, 085
64
28, 387
67, 701

34, 486
72
34, 624
67, OC9

31, 608
67
29, 996
67, 136

31,616

33, 290
70
32, 657
64, 730

33, 854
74
29, 995
64, 091

38, 689
79
38, 031
60, 226

2 75, 404 2 72, 281 2 71, 826 i
85
82
88
81,320 ; 2 76, 083 271,920 271,970
77, 107 2 77, 718 2 78, 404 2 78, 047 ;

74, 554

76, 628
83
77, 701
70, 881

83, 905
84
84, 744
71, 916

74, 704
81
77, 916
72, 732

77, 476
81
74, 687
75, 949

73, 915
79, 976
73, 149

77, 138
84
79, 375
79, 207

85, 346
86
84, 322
81,414

81, 660
83, 735
65, 186

78, 272
82,814
66, 367

93, 149
88,119
71, 8C3

92, 442
92, 528
66, 773

32,903
217,889

117, 374 2117,964 2 114, 306 125, 335
79
80
85 2
79 ; 2
127,466
118, 782 2 119,026 2117,849
2
90, 353 294,413
87, 395 : 89, 088
2

32,451

80, 675
91

2
2
2

2 74, 123

SO, 808

..:

190,502 228, 588
200, 1 99 247. 209
8,391
7,114
65.3
68.5
203, 381 253, 889
202, 042 251,810
71, 138
69, 799

81,218 ! 22 74, 186
71,417 i 69, 540

70, 054 2 78, 378
69, 735 277,122
67, 618 265,594 ;

73, 137
72, 333
75, 094

40, 372

31,818

100,345
118,315

78
106. 907

115,995

67
30, 826
65, 524

77, 846
78, 349

65, 777

62,400

87, 455
88, 985
62, 903

84, 954
85, 708
64, 432

551, 080
65
545, 049
425, 234

573,174

668, 71 C
74
669, 809

617,386

621, 761
72

421,214

616, 122
71
628, 904
419, 544

645, 784
78
639, 640
433, 677

697, S89

619,532
421,247

60
58
GO

70
57
67

80
65
76

76
65

72
63
70

73
68
72

74
69

76
68

305,274 !| 283, 933 347. 876
75, 507
80| 360
77,921
383,195 ; 359, 440 428, 236

415, 623
90, 955
506, 578
88

388, 030
85, 324
473, 354
78

374, 709
86, 439
461, 148
85

393, 130
97, 474
490, 604

390, 884
93, 081
483, 965
80

644, 293 2 629,233 2 583,748 2622,055
71
73 2
66
74 112

i 644,045 2 628,343
i 414,451 j 410,558

36, 777
32, 061

585,946 2621,365
2
408,407 2406,587

71,717

69
573, 538

419,711

419,278

74
618, 452

684, 968
426, 849

Paper Products
Paper-board shipping boxes:
Operating time —
Corrugated
p ct of normal
84
Solid fiber
p. ct. of normal ,
65
Total
p. ct. of normal..
79
Production —
Corrugated
thous. of sq. ft.. 417, 407
Solid fiber
_. thous. of sq. ft.. 100, 301
Total
thous. of sq. ft
517, 708
Rope paper sacks, shipments __rel. to 1921-22..

.

S?/o

78
61
74

391. 043
93; 875
484, 938
!
' 65

382, 305
91, 966
474, 271
77

81 !
07
78

401, 874
102, 609
504, 483

Printing

79

63
54
61

84 :

66

79

69, 004

47, 878

78, 707

60, 812

55, 779

59, 152

64, 544

68 630

618
247
95

785
141
91

92

643
150
93

657
155
85

418
74
89

440
71
96

621
147
104

9,455

11,053

12, 217
13, 428

11, 652
12, 363

11, 026

10, 903
10, 572

12, 688
12, 540

11, 730
10, 967

"

!

Blank forms, new orders
thous. of sets..
Book publication:
American manufacture
no. of editions _
Imported
no. of editions..
Printing activity
rel. to 1923..
Sales books:
New orders
._
—thous. of books..
Shipments
thous. of books..

55, 266

48, 877

--_,11, 587
10, 585

10, 284

11,079

74
I _:

425, 900
92, 488
518, 388
87

52,887
98"

11,204
10, 669

48, 751
--10, 054
10, 652

50, 587

95"
10, 735
10, 454

10, 893

10, 723

11,918

RUBBER
General Operations
Production index (Fed. Res.
Bd.)
_. . _ _ rel. t o 1923-25Production index (elect, energy
consumed)
rel. to 1923-25
Stocks end of month
rel to 1923-25

107
122 3
119. 6

109.0
2 118. 1

98

109.6
118.4 |

94

88

73

112.9
113. 0

99.0
107.4

84.3
110.6

84

96

93

119

121

107. 2
115.8

110.5
125.6

103.8
136.6

104.8
156.0

135. 3
158. 2

3 78 441
3 64, 353
45,375 35, 783

36, 657

35, 424

3103,250
3 87, 072
40, 382

42. 994

88

86.1
115.5

99.0 I
117.9

Crude Rubber
Consumption, quarterly:
Total
For tires
Imports (incuding latex)




__
3 82, 480
lone tons
3 68, 593
long tons
long tons.. 35. 844 44. 908 40.788
2 Revised.

34. 374

3 66, 258
. .
3 52, 284
37, 370 1 29,733

36. 598
• Quarter ended in month indicated.

;

41

SURVEY OF CURRENT BUSINESS

July, 1931]

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

1930
j

May

April

March

| Decem- Novem
^y " January
ber
ber

F

U

!

October |

Se

m

P£ - August

July

June

May

RUBBER— Continued
Crude Rubber— Continued
Prices, wholesale, smoked sheets,
New York
dolls, per lb_.
0.064
Prices, wholesale, smoked sheets,
New York
rel. to 1926_.
13. 2
Stocks, domestic, end of quarter:
Afloat
long tons..
Dealers
long tons
Manufacturers.
_longtons__
Total
long tons
World shipments, plantation
_ long tons
World stocks, end of month:
Afloat
long tons
Europe
- __
long tons
Producing countries..
long tons..
United States
long tons
219, 405
World total..
_ _ long tons
Reclaimed rubber:
Production, Quarterly
long tons
Stocks, end of quarter
long tons..
Scrap rubber:
Consumption by reclaimers,
quarterly
long tons
Stocks at reclaimers, end of
quarter.
_
long tons..

|

>

0.064

0.077

0. 076

0. 082

0.089

0.089

0.084

0. 080

0. 100

0.111

0.124

0. 142

113. 2

15.9

15.7

16.9

18.4

18.4

17.3

16. 5

20. 6

22.9

25.6

29. 3-

3 49 471
3 49, 613
3138,140
3187 753
71,218
63, 395
78, 159
142, 520
42, 770
224,211
487, 660

3 44. 286
J a 58, 804
- . —
3129,575
3188.379
65,719 | 65,714 | 65,661

88, 959 2 86,469 ! 82,687 i 81,479
137, 452 130,247 I 127,553 121,131
43,958
43,154 j i 36,118
45, 782
215, 523 210,611 ! 207,085 201,000
487, 716 M71,285 460,479 j 439,728

_.

3 32, 115
16, 142

j
1

3

.

345,073
1
359,205
391,968
3151,173
74,941
63, 065
71, 934

73, 509

97, 701
120, 389
37, 714
171, 285
427, 089

82, 805
112, 798
42, 910
162, 283
400, 796

80, 236
119,010
37, 564
193, 091
429, 901

! 3 80.477
3 18, 534
' 8 3fi

3 41 274

84, 435
118,873
36, 046
188, 310
427, 664

i
|

378

359.464

3 57, 198

3 43, 203
3 51, 387
3 87, 381
3 138, 767
53, 944
60, 596

72, 485

75, 480
109, 908
39, 300
155, 000
379, 688

85, 835
105, 035
41, 923
146, 179
378, 972

84, 129
111,751
40, 362
158, 445
394, 687

331,277
3 17, 989

3 45, 269
3 19, 926

3 39 071 '

3

3 66, 363

3 66, 511

57, 251

Tires and Tubes
Pneumatic casings:
Production
ShipmentsDomestic
Exports
_
Stocks, end of month
Solid and cushion tires:
Production _
Shipments—
Domestic
Exports
Stocks, end of month
Inner tubes:
Production
Shipments —
Domestic
Exports
Stocks, end of month
Raw material consumed:
Fabrics
Crude rubber

_

thousands

3, 955

3,730

3, 188

2,940

2,251

2,123

2,866

2,692

3,332

3,193

4,098

4, 574

thousands
thousands
thousands

3,804
142
8, 025

3,143
155
8,012

2,580
142
7,629

2, 855
140
7,166

2, 550
139
7, 203

2,119
148
7,676

2, 613
186
7,842

3,360
165
7,849

3,976
164
8,678

4,229
129
9,449

4,050
185
10, 622

3, 960
213
10, 745

thousands

12

11

11

13

13

13

18

14

16

13

17

17

thousands
thousands
thousands

14
1
64

15
1
69

12
1
73

12 i
1
75 !

12
1
76

13
1
76

19
1
78

22
1
82

22
1
90

19
1
101

18
2
107

23
1
108

thousands

3, 693

3,560

. 3, 133

2,898

2,448

2,144

3,161

3,053

3,837

3,151

3,960

4,428

thousands
thousands
thousands

3,610
99
8,330

2,922
109
8,380

2,619
101
7,937

3,147 !
102
7,552

2, 634
96
7,999

2,147
84
8,250

2, 659
119
8,414

3,525
108
8,052

4,492
118
8,589

4,594
90
9,326

4,082
131
10, 889

3, 940
119
11,082

15,244
45, 016

14, 041
41,851

12, 002
36, 651

12, 738
36, 319

8,358
25,537

8,418
26, 253

11, 780
36, 097

10, 917
33, 382

13, 223
40, 736

13, 399
39, 365

15, 034
45, 706

17, 437
52, 130

19, 380
18, 094

16, 846
16, 803

19, 380
19, 220

16, 361
18, 276

21, 884
13, 059

12, 881
20, 791

15, 493
22, 623

25, 082
41, 291

39, 364
37, 097

26, 348
44, 952

28, 767
38, 582

21, 249
55,411

110,520
75, 719

569

832
2, 129
1.656
4,617
259
569

889
1,892
1,631
4,412
231
496

722
1,611
1,378
3,711
222
366

675
1, 337
1,326
3,338
165
597

779
1, 276
1,345
3, 400
165
432

954
1,554
1,678
4,186
197
682

1,045
1,473
1,565
4,083
172
529

1,248
1,682
1,622
4,552
164
559

1,364
1, 856
1,690
4,910
174
507

1, 238
2,199
1,881
5,318
177
634

1,310
2, 703
2, 150
6, 163
211
615

15, 408

14, 661

13, 156

12, 973

13, 101

11,083

16, 460

14, 322

13, 735

15, 117

15, 795

15, 603

578
4,038
10.112
27, 764

577
4,868
10, 991
26, 708

658
4,854
8.397
29, 335

748
3, 939
8,471
30, 302

838
3,450
6,618
29,741

880
4,473
4, 578
29, 130

966
8,291
9,354
29, 353

1,083
6,681
9,244
31, 601

780
6,622
8,813
33, 226

938
5,053
11,668
36, 220

829
5,186
10, 287
38, 852

776
5,221
7,432
38, 595

710
1,040
1.271
3,381

738
863
1,168
2,769

644
567
973
2,184

577
738 |
891
2,206

476
697
736
1,909

532
1,426
864
2,822

915
3,040
1,254
5,209

733
3,249
1,064
5,046

678
1,805
975
3,458

608
1,415
917
2,940

851
1,486
1,042
3,379

1, 239
1,333
1,025
3,597

2,692

2,292

2,724

2,481

3,021

1,426

3,056

2,193

1,473

2,663

2,734

1,939

69
255
2,474
2, 764

14
408
2,145
2,876

36
290
2. 259
3,167

11 !
287 I
2,090
3,032

58
243
2, 305
2,917

60
280
1,011
2,390

82
492
2,638
2,520

74
333
1,691
2,729

74
317
1,161
2,289

34
364
2,627
2,876

31
309
2,549
3,307

27
332
1,506
3, 019

..thous. of lbs__
. ..thous. of Ibs

Miscellaneous Rubber Products
Calendered rubber clothing:
Net orders
no. coats and sundries
Production
no. coats and sundries..
Mechanical rubber goods, shipments:
Belting
thous. of dolls..
Hose
thous. of dolls..
All other
thous. of dolls..
Total
thous. of dolls..
Rubber 1 ands, shipments
thous. of lbs._
Rubber flooring shipments
thous. of sq. ft__
Rubber heels:
Production ... .
thous of pairs
Shipments —
Exports
thous. of pairs..
Repair trade
thous of pairs
Shoe manufacturers thous of pairs
Stocks, end of month
thous. of pairs
Rubber-proofed fabrics, production:
Auto fabrics
thous. of yds..
Raincoat fabrics
thous. of yds..
All other
thous. of yds_.
Total
..thous. of yds_.
Rubber soles:
Production
thous of pairs
Shipments—
Exports
thous. of pairs.. j
Repair trade _ _
thous of pairs '
Shoe manufacturers... thous. of pairs..
Stocks, end of month
thous. of pairs..

982

759
1,440 !
1,400
3,599
211
365

STONE, CLAY, AND GLASS

General Operations
New orders
_
rel. to 1923-25. .
Production index (elect, energy consumed)
....
rel to 1923-25
Stocks, end of month
rel to 1923-25
Unfilled orders, end of inonth..rel. to 1923-25..

52.3

48.7

55.3

48.0

53.3

48.7

53.3

66.3

64.3

58.7

60.0

75.0

74.3

132.0
172.9
91.3

116.5
2 174. 5
2
80. 7

105.1
179.3
2 97. 2

102.6
173.4
2
79.2

75.3
165.0
2
97. 8

100.6
166.0
33.8

106.2
162.9
41.3

106.3
149.6
40.0

120.5
152.6
45.8

118.2
160.1
47.3

110.8
170.4
39.8

136.5
191.5
53.7

121.2
191.8
47.8

44
10.25
62.3
31, 307

53
10.00
60.8
29, 284

66
10.00
60.8
19, 844

55
10.00
60.8
19, 657

65
9.50
57.7
33, 488

90
9.50
57.7
103, 489

76
9.50
57.7
103, 390

70
9.50
57.7
115, 251

62
9.50
57.7
105, 493

67
10.00
60.8
82, 429

69
10.00
60.8
123, 694

69
10.50
63.8
98, 833

205, 842
165, 172
38, 281

256, 396
192, 499
48, 240

237, 346
194, 504
36, 997

251, 842 290, 144
205, 600 233,812
47, 032 i 84,550

429, 896
285, 944
121, 389

405, 082
273, 309
101, 9C6

373, 485
271, 577
132, 689

350, 940
222, 710
149, 034

341, 993
197, 069
95, 101

390, 782
213, 848
182, 680

303,971
171,867
137, 980

Brick
Common brick:
28
Plants closed down. _
number
Price, red, New York
dolls, per thous..
10. 25
Price, red, New York
rel to 1926
62.3
Shipments
thousands
28, 672
Stocks, end of month —
Burned. _
thousands
175, 365
Unburned.. ... _
thousands
155,908
Unfilled orders, end of inonth.thousands.. 43, 180




2 Rev sed.

2

Quarter eiided in m onth indi cated.

42

SURVEY OF CURRENT BUSINESS

[July, 1931

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

1931
May

April

1930

March

February

'anuary

Decem- Novem- October Septem- August
ber
ber
ber

July

June

May

STONE, CLAY, AND GLASS-Contd.
i

Brick— Continued
Face brick:
Production
thousands
549
Shipments
- .thousands
569
3, 634
Stocks end of month
thousands
781
Unfilled orders, end of month, thousands ..
Sand-lime brick:
Production
thousands-- 5, 084
Shipments by rail
thousands.. 1, 595
Shipments by truck
. _ _ .thousands. _ 4, 375
10, 721
Stocks end of month
thousands
Unfilled orders, end of month .thousands .. 6,513

533
579
3,698
784

395
522
3.734
685

338
369
3,836
708

310
303
3, 856
778

494
365
3,823
778

543
536
3,677
821

748
767
3,662
901

730
794
3,677
1,067

854
779
3,717
1,059

738
865
3,625
1,144

835
887
3,737
1,263

968
3,765
1,331

3,999
1,698
3,330
11, 119
5, 232

4,869
1,466
3,743
12, 566
7,070

4,140
1,493
3,306
12, 545
6,720

3,718
910
3,367
11, 594
5,245

6,053
1,846
4,277
12, 070
9,125

7,126
3,044
4,659
12, 730
8,183

7,925
3,437
6,169
12, 260
7,567

7,877
3,278
6,553
14, 151
8,957

9,636
2,921
6,437
15, 496
7,762

10, 415
3,102
6,781
14, 328
9, 797

10, 317
2,929
6,809
13, 191
9,314

12, 708
3,272
7, 559
12, 975
10, 706

2,119
2, 545
6, 003

1, 952
2,291
6,078

2, 250
2,479
5, 974

2,342
1,972
6, 307

2,634
2, 041
6, 696

1,894
1,486
7,022

2,221
1,678
6,814

2,451
2,297
6,578

2, 585
2,623
6,412

2,636
2,459
6,768

1,980
2. 368
6,799

3,249
2,451
6,750

2,236
2,788
6, 662

2,481
73.4
9, 127

2, 404
71.4
9,785

2,166
64.4
10, 340

1,777
57.2
10, 913

1, 776
52.8
10, 761

1,698
50.5
9, 628

1,913
59.1
9,484

2, 461
70.4
9, 097

2,202
68.1
9,404

2, 439
72.5
10, 024

2.406
71.5
10, 152

2,528
78.1
11, 147

2, 633
75. 4
10, 924

Glass Containers
Net orders
- thous. of gross ._
Shipments
- thous. of gross
Stocks end" of month
.thous. of gross. .
Production:
Total
.thous. of gross ...
Per cent of capacity
Unfilled orders, end of month.thous. of gross ._
Illuminating Glassware
New orders.
p. ct. of capacity..
Production:
Total
no. ofturns.Per cent of capacity
_ _
Shipments
P. ct. of capacity..
Stocks, end" of month. ..no. of weeks' supply..
Unfilled orders, end of
month
no. of weeks' supply.

27.3

28.6

32.4

27.0

30.7

26.5

30.5

34. 5

33.7

29.9

26.8

36.1

38.2

2 037
27 2
26! 8
4. 1

2,086
27.8
28.8
4.1

2,108
28.1
28.7
4.1

1,818
24.2
25.9
4.2

2,183
29.1
28. 7
1.1

1,912
30.9
27.6
5.1

2.059
33.2
30.6
4.9

2,185
35.3
34.4
4.7

1,961
31.7
33.0
4.6

2, 083
33.6
30.4
4.6

1.785
28.8
28.0
4. 5

2,262
S6. 5
36.2
5.9

3. 180
36. 6
33. 6
5.8

.8

.8

.8

.8

.8

.8

1.1

1.0

.2

Plate Glass

i

Plate glass, polished, production
thous. of sq. ft..

10, 174

10, 593

8,882

7,321

4,941

7,103

8,583

7,979

5, 523

8,326

9,128

12, 57L

of pieces. _ 4,824
of pieces.. 4,665
of pieces. . 28, 391

6, 898 i
4,093
28, 248

6, 163
4,178
30, 259

5,570
3,699
30, 004

4, 559
4, 597
25, 585

4,586
3,259
29, 598

4,451
5,634
30, 370

8,657
6, 455
31, 133

6,815
7,564
29, 367

8,232
7,214
32, 696

7.480
7,448
34, 259

7,367
6, 336
37, 410

7, 879
7, 10L
36, 920

of pieces. . 11,387

32, 541

31, 497

30, 526 ^ 29, 347

30, 400

29, 869

31, 309

31, 973

33, 493

34, 171

35, 674

35,078

52.1
1.422
81.0
11, 245
11, 184
29, 663
13, 691

36.9
1.477
84.1
8,245
7, 192
29, 676
13, 318

29.4
1.543
87.9
5.920
5,074
28, 612
11, 946

29.5
1.586
90.5
6,595
4, 692
27, 759
10, 384

38.2
1.580
90.6
8,480
5,688
25, 883
8, 809

51.7
1.588
91.1
11, 098
8,784
23, 056
7,758

65.4
1.600
91.7
14, 410
15, 599
20, 697
7,266

75. 7
1.600
91.7
16, 124
18, 083
21, 889
7, 783

81.0
1.600
91.7
17, 821
20, 299
23, 824
9,275

77.8
1. SOO
91.7
17, 078
20, 153
26, 289
11,684

81.4
1.600
91.7
17, 239
18, 781
29, 364
13, 452

78.9
1.617
92.7
17, 249
17,224
30,891
14. 668

2,598
291

3,138
315

3,226
335

3,231
324

3,799
350

3, 373
329

5,930
556

5,718
465

5,594
520

7, 829 ,
741 :

8, 236
734

0.090
7iy

3,852

2 3, 535

2,655

2,866

3,342

3, 134

4,135

3,954

3,812

3,690 i

3, 869

3, 838

3,696

2 2, 923

3,656

2,541

14, 662

2 14, c06

13, 895

14, 895

2, 937
975
14, 570

3, 791
1, 110
14, 166

4,572
1,581
14, 823

4,482
1,518
15, 259

4, 859
1,663
15, 786

4,385
1,576
16, 834

4,280
1,539
16, 778

4, 420
1,620
17, 189

93, 108
117, 105
597, 476
209, 507

64, 260
133, 802
583, 099
233, 504

150,451
184, 563
552, 403
303, 046

250, 183
172, 334
594, 886
337, 158

131,807
108, 065
623, 125
259, 309

113,710
121, 259
582, 675
235, 567

141, 036
158,839
593. 492
243, 116

140, 882
155, 330
586, 915
260, 919

142, 254
166, 156
615,931
275, 367

142, 024
156,650
654, 535
299, 269

128, 991
157, 773
648, 805
313,895

139,784
194, 948
626, 429
342, 677

81.2
69.2

269.8
70.4

66.9
71.0

60.8
72. 4

73.6
73.3

90.6
73.8

61.7
77. 7

56. 1
80.0

67.0
82.2

74. 9
84. 6

9,466

Porcelain Plumbing Fixtures
Net new orders
number
Shipments
number
Stocks, end of month
number
Unfilled orders, end of month
number
Portland Cement
78.9
Per cent of capacity
Prices, wholesale, composite dolls, per bbL. 1. 399
80.2
Prices, wholesale, composite
rel. to 1926..
Production
thous. of bbls.. 14, 006
222
Shipments
thous. of bbls. _ i14,
Stocks end" of month
.thous. of bbls._ )Q jj^y 2
Stocks', clinker, end of month. ..thous. of bbls.. IS', 009 2

Terra Cotta
Terra cotta, new orders:
Quantity
Value

net tons..
.thous. of dolls.

4, 180
412

Tile
Floor and wall tile:
Production
Shipments —
Quantity
Value
Stocks, end of month

thous. of sq. ft.
thous. of sq. ft..
thous. of dolls..
thous. of sq. ft..

Vitreous China
Plumbing fixtures:
New orders
pieces.Shipments
piecesStocks end of month
pieces
Unfilled orders, end of month. . pieces.

119,328
127, 942
594, 239
200, 893

TEXTILES
General Operations
New orders
rel. to 1923-25.
Prices wholesale
rel. to 1926
Production index (Fed. Res. Bd.)
rel. to 1923-25.
Production index (elect, energy
consumed)
rel. to 1923-25.
Stocks, manufactured goods, end of
month
rel. to 1923-25.
Stocks, raw materials, end of
month
.
rel. to 1923-25.
Unfilled orders, end of month.. rel. to 1923-25.
Imports:
Burlaps
Fibers

70.2
66.3 |

67! 6
2

98

97

93

86

87

93

91

103. 7

2 100. 0

97.3

99.3

86.4

89.8

87.0

85.4

87.6

2 93. 4

94.1

92.4

100.0

109.2

97.3

196. 3
2 42 5

212.2
40.0

229.9
38.9

241.8
34.3

237.6
37.3

102

161.2
41.7

176.8
2 41. 7 1

2 Revised.




88 i

81

84

90

95.3

96.0

117.3 I

123. 9

121. 6

104.2
35.9 |

111.2
41.0

122. 3
43. G

57, 553 i
16, 857 i

43,235
24, 163

47, 699
19, 322

84

85.1

72. 5

79.7 j

96.8

96.5

106.4

214.7
36.2 i

155.4
34.5

116.9
33. 7

37, 940
39, 578
17, 958 i 13, 803

39, 038
13,941

i

Burlaps and Fibers
thous. of Ibs
long tons.

74.4 |
75.5 !

37, 732
14, 102

30, 481
21,719

34, 945
19, 574

42, 176
21, 326

35, 062
19, 162

44, 591
20, 429

36, 656
14, 681

SURVEY OF CURRENT BUSINESS

July, 1931]

43

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

1930

1931
May

April

March

Febru- January
ary

Decem- Novem- October Septem- August
ber
ber
ber

July

TEXTILES— Continued
Clothing

Hosiery:
Prices, pure silk, wholesale- __rel. to 1926..
50.8
New orders
thous. of doz. pairs
Net shipments
thous. of doz. pairs..
Production
thous. of doz. pairs..
Stocks, end of month
thous. of doz. pairs..
Unfilled orders, end of
month
thous. of doz. pairs..
Knit underwear:
Net shipments.. _thous. of doz. garments. .
New orders
thous. of doz. garments. .
Production
thous. of doz. garments.- —
Stocks, end of
month.
thous. of doz. garments
Unfilled orders, end
of month
.thous. of doz. garments. .
Men's and boys' garments cut:
Overcoats
thous. of garments. .
Separate trousers
thous. of garments..
Suits
thous of garments
Overalls:
Cut
thous. of doz. garments
Net shiDinents.-.thous. of doz. garments
Unfilled orders,
end of month.. thous. of doz. garments.

June

!
62.6
3, 434
3, 539
2, 914

64.8
2, 639
2 2, 772
2,412

3, 142

2

69.1
2,229
2 2, 361
2,300

50.8
2,717
2,708
2,535

51.9
2, 774
2,728
2,465

51.9
2,600
2, 497
2,405

51.9
2, 526
2,209
2, 400

2
2
2

6,265

6,433

6, 713

7,074

2 7, 095

2 7, 249

2 7, 749

2

2

2

2

2, 633

2 1, 948

2,096

2, 322

2,002

191
2, 017
1, 878

58.3
2, 455
2, 796
2, 638

58.3
3, 218
2 3, 315
2 3, 036
2

2
2

60.5
3, 918
3, 813
3,480

2
2

2

8, 683

2

9, 056

2

69.1
2,941
2 2, 827
2,823

2
2
2

10, 464

2

9, 306

2

2, 703

2

Cotton Goods
Cotton cloth:
Imports
thous ofsq yds
Exports .
thous of so yds
Cotton textiles:
New orders
thous of yds
Production.. _
.thous. of yds
Shipments
thous. of yds..
Stocks, end of month
thous. of yds
Unfilled orders, end of
month
thous of yds
Elastic webbing, shipments _. thous. of dolls
Fabric for tire manufacture, consumption
thous. of lbs__
Mill dividends:
Fall River (quarterly) _ _ . thous. of dolls
New Bedford (quarterly). thous. of dolls
Prices:
Print cloth 64x60
__ .dolls, per yd_.
Print cloth 64x60
rel. to 1926.1
Sheeting, brown
dolls per yd
Sheeting, brown
rel. to 1926."
Cotton goods (Fairchild) . .rel. to 1911-13..
Cotton Yarn
Carded sales yarn:
Production
thous. of lbs__
Stocks end of month
thous. of lbs__
Unfilled orders, end of month
thous. of lbs._
Prices:
22/1 cones, Boston
dolls, per lb._
22/1 cones, Boston
rel. to 1926. _
40/ls southern spinning
dolls, per lb._




1

73.4
2, 995
2, 851
2, 842

2,051

2,027

2,041

1,107
1,326
1,146

909
994
945

975
967
840

816
. 878
821

1,129
1, 164
978

1, 365
1,475
1, 132

1,261
1,049
913

1, 024
909
828

902
781
869

875
911
1,023

1,003
1,070
1,025

1,366

1,265

1,329

1,299

1,197

1,421

1,497

1, 759

1,880

1,846

1,759

1,549

1,342

1,258

1,284

1, 266

1, 250

1,140

1,398

1, 524

1,634

1,607

303
1. 845
2,370

250
1,708
2, C28

160
1, 580
1,714

159
1,232
1,222

444
1. 183
1, 100

555
2, 103
1, 654

564
2,071
1, 662

437
1,891
1,878

441
1, 926
1,811

329
1, 976
1,792

203
2,218
1,923

234
223

222
218

161
137

207
191

279
249

326
289

288
250

244
223

231
218

260
248

41

36

42

36

51

69

74

60

67

89

1, 834

2, 408

2, 786

Cotton
Consumption by textile mills
bales 465, 770 508, 744 490, 586 433, 510 454. 188 406, 207 414,887 444, 494 394, 321 352, 335 379, 022 405, 236
Consumption by textile mills. _rel. to 1923-25. .
68.7
95.6
99.1
84.5
90.8
88.5
79. 2
80.8
76.8
73.8
79.0
86.6
Exports, unmanufactured
(exclusive of linters)
thous. of bales
392
605
433
625
1. 004
903
366
336
766
908
176
185
Ginnings
thous. of bales
13, 756
13, 593
13, 258
6,304
12, 837
1,879
78
10, 866
Imports, unmanufactured
bales. . 15, 189 17, 257 10, 266 11, 165 11,299
3,394
3, 409
1,747
5,901
4, 162
4,461
9,550
Machinery, activity of spindles:
Activity spindles
thousaiids.. 26, 398 26, 645 26, 490 25, 763 25,611
25, 874
26, 154
26, 087
25, 526
25, 858
26, 458
27, 659
Activity per spindle
hours._
211
184
216
204
191
184
167
151
173
176
156
170
Total activity
mill of hours
7,001
7,129
6,739
5.134
6,110
6,360
5,832
5,663
6, 239
5,916
5,301
5,789
Per cent of capacity
91.2
87.2
94.3
89.9
80.8
77.1
73.4
65.2
67.2
80. 1
76.1
76.2
Prices:
To producer
dolls, per lb__
.093
.096
.091
.088
.114
.086
.087
.092
.099
.119
.096
.140
In New York, middling
dolls, per lb..
.102
.109
.093
. 102
.121
.110
. 107
.109
.132
.101
.145
.110
Receipts into sight
thous of bales
447
358
513
341
729
865
64
2, 749
1,627
2,410
163
3,670
Stocks, domestic, end of month:
Mills
__
thous of bales
1,478
1,614
1,258
1,370
1,548
1,567
968
1,012
1,183
1,357
1,659
1,353
Warehouses
thous of bales
6,034
7,314
6,643
7,939
3,465
5, 494
8, 378
2, 877
8,398
5,248
3, 105
7,543
Total, mills and warehouses.
thous of bales
7,404
6,752
8,120
8,862
9,553
10, 037
4,462
9,965
6,215
4,476
4,060
8,895
Total, mills and warehouses,
rel to 1923 25
254.1
196.9
216.0
235.7
179.6
265.0
165.3
119.1
108.0
118.7
267.0
236.6
Stocks, world visible, end of month:
American _
thous of bales
6,302
6,826
7,381
5,861
7,576
7,841
6,617
4,892
3,159
2,917
7,676
3,352
Total..
thous of bales
9,332
8,883
9,958
9, 897
8, 346
9,897
9,437
6,707
8,413
5,190
5, 230
5,951
Cotton Finishing
Printed only (mills and outside):
Production _
thous of yds
Stocks, end of month
thous. of yds
White, dyed, and printed (outside mills):
Billings, finished goods
thous. of yds..
New orders, gray yardage.. thous. of yds~
Per cent of capacity
Shipments,finishedgoods
cases. .
Stocks, finished goods, end of month
_ __
cases
Unfilled orders, end of month
days..

May

473,284
92.3
209
53, 328
28, 358
197
6,725
83.4

.145
.164
358
1,528
3,379
4,907

129. 5
3,688
6, 335

67, 704
74, 436

86, 612
72, 973

87, 318
65, 145

76, 847
64, 546

68, 380
65,704

70, 301
68, 420

62,005
68, 817

69, 764
65, 876

55, 387
64, 788

42, 185
70, 395

38, 799
82, 297

47, 608
82, 856

58, 588
85, 381

52, 537
45,937
51
30, 109

60, 590
LQ, 394
52
31, 176

61, 803
57, 872
58
35, 334

50, 166
49, 679
56
30, 593

43, 642
46, 370
47
29, 031

47, 566
39, 749
40
23, 888

40, 249
38, 541
44
23, 743

53, 003
47, 133
48
29, 260

40, 631
41,618
46
26, 691

37, 907
35, 576
36
28, 843

41, 473
37, 349
34
28, 559

50, 933
39, 249
41
32, 986

59, 384
48, 699
47
39, 307

17,141
1.9

16, 677
2.7

17, 641
2.7

17, 071
2.6

20, 134
2.6

23, 593
2.6

21, 803
2. 5

22, 392
2.1

22, 079
2.6

27, 198
2.1

31,901
1.9

34, 477
2.0

34, 571
2.6

3,920
30, 961

2,810
30, 776

2,530
33, 392

2,148
25, 188

2,641
31, 488

1,658
29, 388

1,763
29, 273

1,976
34, 804

1,920
32, 626

1,664
34, 285

2,434
35, 397

3,019
35, 868

4,299
38, 523

160,029
225, 392
205, 603
301, 943

137, 749
225, 955
217, 582
282, 154

295, 334
271, 638
317, 185
273, 781

326, 691
212, 168
248, 354
319, 328

239, 106
202, 149
210, 597
355, 514

182, 656
234, 052
226, 951
363, 962

183, 067
206, 633
200, 661
356, 861

335, 801
228, 866
270, 383
350, 889

291, 980
182, 385
232, 975
392, 406

235, 272
218,815
231, 348
442, 996

180, 147
165, 850
176, 689
455, 529

129, 947
198, 539
182, 652
466, 368

184, 473
275, 801
270, 056
450, 481

248, 544
1,363

294, 118
1,199

373, 951
1,363

395, 802
1,180

317, 465
1,041

288, 956
921

333, 251
1,000

350, 845
1,356

285, 427
1,200

226, 422
1,127

222, 498
1,088

219, 040
1,169

271,745
1,300

15, 244

14, 041

12, 002

12, 738

8,358

8,418

11, 780

10, 917

13, 223

13, 399

15, 034

17,437

3

301

3279

3

330
3 254

3 110

.050
65.7
.058
62.8
115

.053
69.6
.059
63.3
119

.055
73.3
.059
63.3
121

.053
69.6
.065
69.8
119

.052
68.8
.062
67.0
120

.053
70.4
.065
69.9
122

.057
75.5
.066
70.9
124

.055
72.9
.066
70.9
124

.053
70.4
.070
75.1
124

.050
66-6
.070
75.1
126

.054
71.8
.070
75.1
130

.056
74.7
.075
80.3
134

.061
80.2
. 078
83.9
137

13, 377
11,212

11, 081
12,240

11, 536
12, 537

10, 968
13, 420

12, 665
13, 795

9,582
13, 531

11, 787
12, 548

15, 494
12, 548

11, 148
12, 819

10, 031
13, 633

11,049
13, 742

10, 968
13,5i9

11,678
13,439

34, 914

38, 825

40,979

42, 407

39, 963

38, 920

38, 926

37, 854

33, 194

29, 103

26, 469

27, 632

30, 186

.223
62.2
.353

.231
64.5
.369

.240
66.8
.382

.239
66.7
.390

.248
69.1
.390

.247
68.8
.390

.254
71 0
.405

.235
65.5
.413

.242
67.4
.420

.252
70.3
.435

.262
73.1
.447

.273
76.2
.461

Revised*

* Quarter ended in month indicated.

. 290
80.9
.473

44

SURVEY OF CURRENT BUSINESS

[July, 1931

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

TEXTILES— Continued
Fur
Sales by dealers
thous. of dolls..

1931
May

1930

5,615

5,324

Decem- Novem- October September
ber
ber

Febru- January
ary

April ! March

6,693

6,049

4,496

August

July

June

May

3,048

4,520

5,787

7,301

5,425

4,348

5,455

7, 692

I

Pyroxylin- Coated Textiles
Pyroxylin spread
. thous. of lbs_.
Shipments billed
__thous. of linear yds..
Unfilled orders end of
month
thous. of linear yds_.

4,060
3,186
2,810

2

4,273
3, 301

4,081
3,394

3,044
2,724

2,565
2,333

2 2, 353
2 2, 126

2 2, 417
2 2, 075

2 2, 879
2 2,711

23,158
3
2, 690

2 2, 882
2 2, 309

2 3, 026
2 2, 426

2 4, 190
2 3, 092

2 3, 935
2 3, 542

2,962

3,358

3,058

2,735

2 2, 031

2 2, 424

2 2, 472

2

2 2, 015

2 3, 070

2 3, 973

2 4, 088

2, 590

Kay on

Imports
Price, 150 denier, "A" grade,
New York

thous. of lbs__

225

295 !

439

274

154 !

dolls, per lb_.

.75

.75

.75

.75

.75

.bales
thous. of lbs__

45, 073
6,520

41, 356 i
4,823 !

55, 383
7,725

54, 242
7,318

dolls, per lb__

2.266

2.266 \

2.561

rel. to 1926..
dolls, per yd__

36.6
99

3.66 !
.99

41.3
.99

ct. of normal..
ct. of normal. _
ct. of normal

76.3
42.5
49.5

90.9
44.6
51.8 |

0

216

101

153

171

133

383

487

.95

.95

.95

.95

.95

.95

1.15

1.15

55,910 !
7,405

55, 424
9,877

57, 333
7,000

61, 937
8,940

55, 649
7,887

41, 734
8,244

39, 948
5,712

29,396
4, 622 |

40, 823
3,622

2.709

2.807 !

2.709

2.463

2.512

2.413

2.955

2.955

3.251

3,940

43.7
1.00

45.3
1.02 |

43.7
1.02

39.8
1.02

40.6
1.02

39.0
1.04

47.7
1.06

47.7
1.08

52 5 !
1.09 !

63.6
1.11

93.8
44.2
58.6

96.5
51.7
58.9

94.0
39.2 !
55.2 |

94.0
35.8
65.8

96 5
60.8
75.1

88.2
38.2
70.2

80.0
44.7
57.7

73.1
36.9
49.1

79.2
31.0
52.1

79.0 1
63.6
58.0

87.9
55.0
59.1

35, 497
20, 425

47, 407
22, 231

45, 399
23, 124

51,814
23, 588

58, 430
24, 242

49. 238
24, 929

51,278
22, 954

47, 621
21, 243

44, 978
20,511

35, 565
18, 046

28,450 :
19,843

35, 477
20, 300

52, 199
110.2

47, 710
100.7

40, 373
85.2

38, 420
81.1

33. 856
71.5

30, 007
63.3

31, 237
65.9

40, 975
86.5

38, 083
80.4

33, 761
71.3

34, 682
73.2

32, 772
69.2 !

32,641
68.9

14, 168

21,258

15, 348

11,687

13, 767

10, 920

8,546

8,994

8,817

10, 145

8,900

8,896 '

15, 484

97

82

76

75

67

67

65

74

81

75

71

72

68

46
45
58
60

44
42
54
57

44
34
59
66

39
30
59
60

29
28
49
47

29
26
46
43

38
37
47
50

38
44
47
54

36
41
46
53

34
43
44
48

31
42
48
51

36
48
53
60

44
39
51
60

60
67

55
57

57
57

66
54

48
52

45
52

52
52

53
62

55
60

48
55

52
53

62
56

60
52

.63

.65

.66

.66

.68

.72

.72

.75

.76

.76

.76

.76

.77

.20
1, 494
74.5

.22
1.494
7.45

.22
1. 543
77.0

23
1.601
79.8

.26
1. 601
79.8

.27
1.601
79.8

.29
1. 601
79.8

.30
1.601
79.8

.31
1.601
79.8

.31
1.601
79.8

.31
1.696
84.6

.31
1.756
87.6

.29
1.756
87.6

.90

.90

.90

.90

.90

.90

.90

.90

1.10
76.6

87.0
1.17
81.8

87.0
1.20
83.6

87.0
1.20
83.6

87.0
1.20
83.6

87.0
1.20
83.6

87.0
1.20
83.6

87.0
1.20
83.6

87.0
1.23
85.3

4, 576
1, 664
6, 240

10, 494
2, 245
12, 739

4,094
2,980
7,074

47, 826
3, 846
51,672

72,313
4,602
76, 915

54, 729
2,936
57, 665

18, 937
9,712
28, 649

57,964

78, 262

53, 841

39, 527

27, 620

30, 351

28, 823

Silk
Deliveries (consumption)
Imports raw
. Prices:
Raw, Japanese 13-15, New
York
Raw, Japanese 13-15, New
York
Silk goods, composite
Silk machinery activity:
Broad looms
p.
Narrow looms
p.
Spinning spindles
p
Stocks, end of month:
At warehouses
At manufacturing plants

bales. _ 32, 688
bales
18, 206

Wool
Consumption at textile mills,
grease equivalent
thous. of lbs._
Consumption at textile mills—rel. to 1923-25. .
Imports:
In condition, imported
thous. of lbs__
Machinery activity, hourly:
Combs .
p. ct. of hours active. .
LoomsCarpet and rugs. p. ct. of hours activeNarrow
p. ct. of hours active-Wide
p. ct. of hours active-Set of cards
p. ct. of hours active-Spinning spindlesWoolen
p. ct. of hours active-Worsted
p- ct. of hours active-Prices:
Raw, territory, fine, scoured.dolls. per lb_.
Raw, Ohio and Penn. fleeces, ]4. blood,
combing grease
dolls, per Ib
Suiting, 13-oz __
dolls, per lb_.
Suiting 13-oz
rel. to 1926. .
Women's dress goods,
French serge, 39-in
dolls, per vd_.
Women's dress goods,
French serge, 39-in
rel. to 1926..
Worsted yarns
dolls, per lb._
Worsted varns
Receipts at Boston:
Domestic
Foreign
Total

_-

rel. to 1926 -

1.00
69.7

1.00
69.7

1.00
69.7 i

1.10
76.6

thous. of Ibs..
thous. of lbs_thous. of Ibs.-

26, 151
4, 190
30. 341

10, 376
7, 399
17, 775

8,215
5, 064
13, 279 ;

6.741
6. 528
13, 269

3,363 i
7, 432
10, 795

7, 574 i
4,000
11,574

39,908

46,879

50, 440

62, 148

TOBACCO
Unmanufactured:
j
Exports, leaf
.thous. of lbs~!
Stocks—
i
Chewing, smoking, snuff and export
types, quarterly
mills, of Ibs
Cigar tvpes, quarterly thous. of Ibs .
Total, including imported types, quarterly
.mills, of Ibs..
Manufactured products:
Consumption (tax-paid withdrawals)—
Large cigars.
thousands-Small cigarettes
millions-Manufactured tobacco
and snuff
-thous. of lbs._
Manufacturing
operations
--- rel. to 1923- 25..
Exports, cigarettes
thousands..
MISCELLANEOUS PRODUCTION
Buttons
Fresh-water pearl button:
Production, ratio to capacity
per cent..
Stocks, end of month
thous. of gross. .
Imports:
Buttons—
Product of Philippines.thous. of gross. _
All other
thous. of gross-ShellsMother-of-pearl
thous. of Ibs..
All other
_- thous. of Ibs
Taeua nuts
---thous. of Ibs..




48,911 I 45, 006

467, 300 459,982
10, 448 ! 9, 471
30, 780

30,781

137
134
250,858 ! 241,703

44.7
9,224 i

45.2
9, 408

61 i
11

£"
,~\

272 !
43 !
901 i

395
48
1. 720

2 Revised.

• 1,697
3354,319

» 1 492
•3277,850

3 1, 266
3303,104

3 2, 151

3 1, 853

« 1, 649

440, 472 • 362,839
9,802 : 8, 836
31,049

29, 562

131 1
132
324, 808 ! 256,706

47.5 !
9,518

2
#9
95
592 ;

44.fi
9, 807 j
59
3
273
369
1. 329

3
1, 296
3337,071
3

1, 726

528,128
7, 952

623, 861
10, 947

523, 973
10, 190

517, 200
10, 577

532, 805
11,859

519, 599
11,751

523, 775
10, 301

25,815 I 25,976

33, 026

32, 166

31, 370

30, 964

30, 939

32, 579

121
128
229, 697 ; 338,808

119
251,507

129
318. 751

125
305, 676

130
295, 744

137
643, 358

141
566,015

134
446. 231

40.6
8, 842

42.0
8, 756

38.8
8,808

36.2
9,061

23.1
9, 857

41.1
10, 056

42.4
9,790

82
9

65
9

72
5

78
3

63
12

107
18

44
16

402
458
331

354
586
1,204

802
164
1,236

476
72
1,213

271
377
1,242

570
925
1,317

362 939
9, 368

31,697

35.5
10, 154
59 i
4

349, 635
8,675

475 i
896
15
22
858
270 1
3
Quarter ended

in month indicated.

25.7 !
9,258
69
14
844
56
708 i

45

SURVEY OF CURRENT BUSINESS

July, 1931j

MONTHLY BUSINESS STATISTICS—Continued
1931

Earlier data for items shown here may
be found in the 1931 Annual Supple'
ment to the Survey

May

April

March

"

193O

February

January

Decem- Novem- October
ber
ber

Se

bTrm"

Au

^ ust

July

June

May

FUELS
Coal
Anthracite:
Exports
thous of long tons
148
PricesRetail, composite.dolls. per short ton..
14.19
Wholesale, composite
dolls per long ton
12. 270
Wholesale, composite
rel. to 1926- 89.1
Production
thous. of short tons5,005
Stocks, end of month, in yards of
dealers
_
- no. of days' supply
Bituminous:
Consumption —
Bv coke plantsCanada _ thous. of short tons
United States
thous of short tons
4, 629
By electric power
plants
thous. of short tons-By railroads
thous. of short tons
By vessels clearing
Dorts
thous. of long tons..
195
Exports
thous. of long tons-.
926
Prices —
Mine average (spot)
dolls, per short ton-1.60
Prepared sizes (composite)
dolls, pernet ton..
3. 838
Preparedsizes (composite) rel. to 1926..
80.1
Retail, composite .dolls, per short ton..
8.04
Wholesale, composite
dolls, per short ton..
3. 723
Wholesale, composite
rel. to 1926. . 86.3
Production—
Canada
thous. of short tons..
United States
thous. of short tons.. "28," 333"
Production index. .
rel. to 1923-25
75
Stocks, end of month, held by
consumers thous. of short tons

120

79

159

207

182

253

198

205

129

144

186

14.39

14.85

14.85

14.88

14.89

14. 90

14.87

14.80

14.57

14.53

14.32

14.33

12. 202
88.6
5,700

12. 608
91.6
4,745

12. 732
92.5
5,391

12. 732
92.5
6,157

12.751
92.6
6,086

12. 751
92.6
5,207

12. 762
92.7
7,576

12. 707
92.3
5,293

12. 578
91.4
6,190

12. 366
89.8
5, 658

12. 251
89 0
5,183

31

43

47

61

60

57

178 1

12.441
90.4
5, 841

2

247

235

236

246

249

249

233

244

248

268

290

4,682

4, 902

4,408

4, 686

4, 737

4,820

5,270

5,214

5,559

5, 824

6, 155

6,621

2,981
5, 885

2 3 411
6,414

2 3, 286
5,810

3, 688
6, 598

3,837
6r 622

3, 670
6, 642

3,944
7, 124

3, 659
6,408

3,452
6,228

* 3,199
6,177

2 3, 294
6,690

168
671

136
665

187
700

201
803

204
1,287

230
1,317

261
1,433

284
1,586

276
1,394

278
1,488

1.64

1.69

230 i

141
645 I

1.77

1.77

4.268
89.0
8.87

4.317
90.0
8.94

:

3. «98
90.4 i

3, 725
6,349
269
1,462

2

1.78

1.81

1.75

1.68

1.71

1.67

1.67

4. 336
8.94

4.342
90.6
8.88

4. 303
89.8
8.79

4.180
87.2
8.70

4. 156
86.7
8.65

4.096
85.4
8.54

4.085
85.2
8.53

3. 900
90.4

3. S93
90. 2

3. 897
90.3

3.892
90.2

3.891
90.2

3.992
90.5

3.902
90.5

1,164
38, 542
77

1,275 i 1,315
38,122
39, 716
85 I
86

1,630
44, 1.50
87

1,230
38, 632
85

1,101
35, 661
82

1,061
34, 715
86

1,128
33, 714
89

1,115
35, 954
92

34 200

37, 200

36,800

35, 900

33, 100

32, 200

3. 845
80.2
8.46

24.001
2 S3. 5
8.71

4.223
88.1 \
8.83

3. 760
87.2

3.791
2
87. 9

3.814
88. 4

3.829
88.8

888
23,478

1,028
33, 870
76

963
31,408
73

29 500

2

1.77 !
'

90.5

Coke
'Exports
__ _ thous. of long tons
Price, furnace, Connellsville
dolls, per short ton..
Price, furnace, Connellsville
rel. to I926_.
Production:
Canada
__ thous. of short tons
United StatesBeehive
-_ thous. of short tons
By-product
thous. of short tons
Petroleum
Asphalt:
Imports.
thous. of short tons..
Production
thous. of short tons
Stocks, end of month.tlious. of short tons..
Coke:
Production
thous of short tons
Stocks, end of month.thons. of short tons..
Crude petroleum:
Consumption (run to stills) thous. of bbls -_
Imports
thous. of bbls__
Oil wells completed
number
Price, Kansas-Oklahoma... dolls, per b h l _ .
Price, Kansas-Oklahoma
rel. to 1926-.
Production
thous. of bbls..
Production index..
rel. to 1923-25..
Refinery operations
p. ct. of capacity..
Refinery operationsindex.. rel. to 1923-25..
Stocks, end of month —
CaliforniaHeavy
thous. of bbls__
Light
thous. of bbls._
East of CaliforniaRefineries
thous. of bbls..
Tank farms and pipe
lines
thous. of bbls._
Total
thous. of bbls.Mexico —
Production
thous. of bbls_.
Exports
thous. of bbls. .:
Venezuela —
Exports
thous. of bbls..
Production
thous. of bbls..
Gas and fuel oils:
Consumption—
B y electric power plants.thous. of bbls. .
By railroads
thous. of bbls._
By vessels
thous of bbls
Price, Oklahoma 24-26,
refineries
dolls per bbl
Production
thous. of bbls._
Stocks at refineries at end of
month
thous. of bbls..;
Gasoline:
1
Consumption—
thous. of bbls..
Exports
thous. of bbls._
Prices, wholesale, New York.dollspergaL.
Prices, retail, tank wagon,
50 cities
dolls, per gal..
J

Revised.




86

43

51

67

71

70

69

83

66

64

93

68

78

2.48
60.3

2.50
60.9

2.50
60.9

2.53
61.5

2.55
62.1

2.55
62.1

2.58
62.7

2.60
63.3

2.60
63.3

2.55
62.1

2.52
61.4

2.50
60.9

2.53
61.5

169

179

165

171

181

185

185

170

182

182

193

210

94
3, 126

109
3, 146

149
3, 256

163
2,898

163
3, 092

171
3, 077

168
3,137

178
3,432

168
3,401

170
3,637

215
3,770

262
3,954

272
4,266

9
304
3SO

7
248
360

354

166
332

0
147
295

3
168
308

3
217
285

7
306
267

306
270

3
346
316

6
334
311

6
337
312

4
337
317

178
1. 250

168
1,158

170
1,089

151
1,053

159
1.032

106
1,041

158
1,064

177
1,045

170
1,045

172
994

161
942

163
891

170
866

78, 521
4, 512
418
53.0
28.1
77, 164
123
67
163

74, 706
4, 1C2
519
.530
28.1
73, 101
2 121
67
161

73, 596
3,715
383
.594
31.5
69, 397
112
64
152

65, 249
4,789
450
.850
45.1
60, 645
110
63
149

70, 026
71, 581
4, 353
4, 727
527
487
.850
.850
45.1
45.1
65, 991 I 66, 985
111
110
61
63
144
149

70,310
4, 467
659
.850
45.1
68, 174
114
64
151

74,016
5,061
866
1.098
58.3
72, 696
115
65
160

75. 950
5,808
782
1.178
62.5
70, 977
114
69
165

79, 289
5, 059
992
1.178
62.5
74. 853
117
70
164

78, 644
5,h77
1,051
1.178
62.5
76, 554
120
69
166

80, 747
5, 767
1,197
1.178
62.5
76, 929
124
73
170

83, 647
4, 984
1,233
1.178
62.5
80, 342
127
73
173

100,011 100, 578
40,805 , 40, 840

100,531
41,016

101, 442
40, 651

104,121
40, 625

103, 553
40, 652

102, 643
40, 738

103, 647
40, 582

103, 701
40. 671

104, 550
41,071

105, 276
41,045

105, 560
42, 912

46,032

45, 445

46,785

^

102. 368
40, 389

41,819

41,413

40, 786

42, 027

41, 785

41, 191

43, 446

306, 287
348,106

308, 752
350, 165

310,377
351, 163

313,310
355, 337

317,854
359, 639

320, 510
361, 701

323. 089
366, 535

2,761
2, 392

2, 819
1, 528

2,564
1,463

2,890
1, 263

2,922
1,690

2, 895
1, 895

3, 147 !
2,093 ;

3,243
2,419

9,049
9,515

8, 586
9, 263

10, 362
10, 283

9, 516
9,486

10, 877
10, 384

10, 704
10, 492

11, 134
10,911

12, 208
11,785 1

4, 364*

561
3,536
4, 043

2637
3,181
3,622

800
3,599
3, 544

845
3,705
3, 868

790
3, 806
3, 794

.510
30, 754

.588
26, 536

.600
29,174

.610
29, 704

32, 159

33, 977

37, 007

.463
29, G49

.488
30, 073

•645
3,644 !
3,667

36, 579

33, 854

32, 105

35, 716
4,721
.133

33, 400
3,988
.133

31,037 ! 26, 133
2,841
3,586
.133
.138
.137

.149

26, 844
4,462
.135

29, 094
4,149
.141

.148

.146

47, 140

46, 772

47, 490

328,355 331, 124
375, 140 ! 378, 264

331,050
377, 822

331,429
378, 919

3,449
2,630

3,437
2,808

3,287
3,030

3, 351
2,429

11, 674
11,311

12, 182 !
11,378 i

11,506
11, 624

11,221
11,361 i

11,133
10,918

2902
4, 355
4, 463

2845
3,841
4,333

2764 !
3,817
4,702

2 730
3, <i24
4,316

2634
3,750 ':
4,041 |

2621
4, 064
4, 657

.650
29, 034

.594
29, 818

.580
29, 923

.600
29, 862 j

. 625
31, 023

.675 1
31,092 :

.744
33, 861

40, 427

41, 293

41, 480

39,729

39, 127

38, 302

36, 664

32, 267
6,131
.143

37, 823
3,826
.148

37,433 ! 38, 256
6,375 : 5,497
.163
.163 |

35,706 i
6,955 !
.163

36, 438
4,684
1.63

.154

.159

.166 !

1.70

30, 984
3,536
.141
. 150

323,030 : 324, 644
369,062 i 370, 089

.163

. 165

46

SURVEY OF CURRENT BUSINESS

[July, 1931

MONTHLY BUSINESS STATISTICS—Continued
1
Earlier data for items shown here may
be found in the 1931 Annual Supplement to the Survey
j May

FUELS— Continued

19.31

1930

Novem- October SeptemApril i March \ FebruAugust
January j D-™'
ber
ary
ber

July

June

May

j

Petroleum— Continued
Gasoline— Continued.
]
Production—
1
Natural gas (at plants) . thous. of bbls. . > 3, 814
Raw (at refineries)
thous. of bbls. . 39, 019
Retail distribution — 41 States mill55 ofgal^
Stocks, end of month—
j
Natural gas (at plant). thous. of bbls.-j
996
Raw (at refineries)
thous. of bbls._ 47, 948
Kerosene:
Consumption
thous. of bbls ; 2, 395
Exports
thous. of bbls.. i l', 145
Price, 150° water white
dolls, per gal...
. 045
Production
thous. of bbls
3, 389
Stocks at refineries, end of
month
thous. of bbls..
5,960
Lubricating oil:
Consumption
thous. of bbls... 1,865
Price cylinder oil
dolls, per gal
'.
Production
thous. of bbls..
2,264
Stocks at refineries, end of
month
thous. of bbls.-! 10, 119
Wax:
Production
thous. of lbs__ 35,840
Stocks, end of month
thous. of lbs_. 205, 803

3. 824
4, 048
36,601 . 35,246

3,631
31, 328
782

4, 140
32, 708
821

4,198
34, 352
887

4,238
33, 616
935

4,326
37, 400
1,019

4,079
36, 944
1,060

4,212
37, 844
1,114

4,231
38, 061
1,124

4, 269
37, 537
1,027

4, 269
39, 293
995

1. 000
884
48:587 ! 48,225

692
45, 355

600
42,818

578
40, 741

596
38, 705

559
38, 684

534
38, 254

744
41, 624

741
46, 077

928
50, 225

920
54, 046

2,596

2,804
753 i
.048
3,397 ,

2.691
1. 151
'.051
3,676

2 272
"'974
. 053
3,171

!054
3, 560

2,786
1, 310
. 054
3,575

2,841
970
.053
3,590

2, 599
1,373
.054
3,876

2,768
1,349
.053
3,846

2,573
1,687
.050
3,975

2,933
1,021
.052
3,929

2,323
1,782
. 055
4,026

3,181
816
0.60
4,317

6, 129

6, 300

6,477

6, 555

6,883

7,379

7,633

7,771

8,030

8,319

8,352

8,384

1,850
. 145
2,316

1,950
. 145
2,293

1, 583
. 146
2,036

1,715
.165
2,441

1,458
.172
2, 509

1,573
. 184
2,409

1,569
.186
2,546

1,944
.190
2,723

1,940
. 193
2,971

1,887
.210
3,018

1,772
.284
2, 920

2,394
.340
3,185

10,463

10,710

10,911

11,013

10, 971

10, 536

10, 502

10, 257

10, 161

9,953

9,742

9, 578

33. 040
205, 105

37, 520
208, 620

38, 640
229. 414

42,560
233,044

36, 120
232, 592

35, 840
237, 027

38, 080
240, 060

43, 960
248, 940

39, 760
254, 990

45, 640
254, 999

43, 680
249, 748

45, 920
248; 524

DISTRIBUTION MOVEMENT
Advertising
1,992
2, 421
2, 203
1, 585
Magazine advertising
thous. of lines. .. 2.375
Magazine advertising, total
15, 307
10, 820
cost
thous. of dolls.. 16,959
17, 173
16, C02
National advertising in newspapers:
Building materials
thous. of lines. - ;
Electrical appliances, supplies
thous of lines
Financial
thous. of lines
Foods and beverages
thous. of lines-.!
Heating and plumbing equip!
ruent
thous. of lines
Medical
thous of lines
Passenger cars
thous. of lines. .
Radio
thous of lines
Tires, trucks, and accessories
thous. of lines..
Tobacco
thous of Mne5Toilet articles
thous. of lines
Transportation
thous of lines
All other
thous. of lines. .,
Total
thous. of lines
Newspaper advertising
thous. of lines.- 88, 443 "88," 737" '""90," 244" "72," 282~ "75," 823"
Radio broadcasting, facilities,
2,591
3, 161 | 3, 141
2,637
cost
thous. of dolls..; 3,036

2,265

2,488

2,490

2, 145

1,658

1,986

2,752

3, 055

15, 352

17, 359

17, 759

15, 214

12, 075

14, 316

19, 614

20, S99

75

129

229

216

99

117

342

660

794
5,114
3,579

751
4,472
6,156

562
5,579
7,726

685
5, 112
6,618

459
3, 755
5,898

739
6,446
6,428

1,247
6,162
7,781

1,548
6, ,387
9, 503

279
2, 025
1, 208
2. 186

396
4,415
3,058
2,788

676
4,266
3, 398
3, 604

979
2,382
3, 154
3,584

484
1,760
2,736
1,049

401
1, 853
4,082
927

479
2,194
3,781
649

608
2, 926
5, lf.9
958

2, 490
938
985
1,890
! 4, 229
25, 795
82, 467

3.859
3,787
2, 140
1,991
4,678
38, 622
89, 424

3,913
5,880
2,590
1,768
5,180
45, 370
98, 437

4,063
5, 633
1,841
1, 689
4,623
40, 579
88, 648

5,431
1,760
2,055
2,323
3,318
31, 126
70, 018

5,634
3,742
2,985
3,130
3,427
39,911
72, 007

5,927
5,413
3,123
4,101
5,812
47, 010
88, 702

7, 697
4,919
3, 404
3,728
6. 987
54, 491
ICO, 394

2,718

2,577

2,674

2,123

L 960

2,074

2,033

2,300

!
,
'.
!
!
i

Agricultural Products (Marketing)
Agricultural, total
Animal products:
Dairy products
Fish
Livestock
Poultry and eggs
Wool
Total
Crops:
Cotton
Fruits
Grains
Vegetables
Miscellaneous
Total

2

57. 9

67. 3

rel.
rel
rel
rel
rel.
rel

to
to
to
to
to
to

1923-25..
1923-25 •
1923-25
1923-25
1923-25
1923-25

130. 9
138 5
80 2
125 6
197. 1
1C6 7

2 113.1 l
2 174. 3 I
2 82. 6
2 137. 0
78. 2
2101.2

102.9
169. 4
79. 6
121. 8
61. 9
94.0

rel.
rel.
rel.
rel.
rel.
rel

to
to
to
to
to
to

1923-25.
1923-25
1923-25.
1923-25— !
1923-25..
1P23-25

26. 5
102 2
69.0
135.6

29. 8
70. 6
263.9 ;
2 93. 3

38. 6
75. 1
80.0
104. 3

61. 2 ~~~*~5§~r

64.T

rel. to 1923-25...

Collections

66.2

67.0

76.3

105. 0

142.8

200.7

167.2

119.5

95.1

55.4

59.7

91. 3
116.2
79.8
94.0
50.8
85.5

96.4 !
103.4
96.2
95.0
25.3
94.7

92.7
98.9
93.9
137.8
57.1
97.8

77.8
146.2
88.0
121.6
34.5
88.5

82.2
172.0
108.0
79.2
79.1
96.7

86. 3
229.1
93.9
78.2
30.9
91.2

94.6
202.0
76.5
71.6
360.5
91.4

131.5
263.3
76.6
90.6
545.1
111.8

148.9
185.2
79.2
112.0
412.5
116.7

134.6
192.0
81.2
138.2
142. 7
1C9.8

40.6
68.1
84.6
91.1
4.4
64.9

64.0
70.2
81.0
98.0
4.3
7,3

144.9
67.1
79.8
79.4
5.3
105. 8

240.6
109.0
72.3
89.6
10.7
148. 8

327.5
249.0
82.6
168.4
20.1
212.1

219.3
164.3
139.0
138.8
41.6
175.5

77.7
133.1
180.5
81.9
24.8
122.5

5.8
124.4
177.5
113.4
2.6
93.3

14.0
57.8
58.5
151.0
2.7
48.7

29.0
71.9
56.1
136.5
6.1
54.3

i
132, 609 j 112,250 j 150,349
1,141
1,065
1, 089

96, 912
868

122, 150
1,101

93, 898
939

127, 006
1,155

141, 162
1,106

157, 821
1,096

215,001
1,449

92.6
86.6
93.9
92.9
86.7
97.4

93.9
87.7
96.8
92.9
87.5
97.6

94.8
88.8
98.8
92.7
88.0
97.8

95.4
90.5
99.7
92.1
88.7
97.6

94.7
89.3
98.4
91.4
88.5
97.6

95.2
91.0
98.6
91.1
89.1
97.8

96.5
92.5
101.2
91.5
89.9
98.1

97.2
92. 8
102.7
92.0
90.6
98.2

67.0
117.7
50.7
115.6
58.0

67.0
112.9
57.4
105. 4
62.9

60.0
143.1
63.4
99.3
68.2

50.2
158.2
57.7
63.9
60.2

44.7
171.2
62.8
76.1
66.0

42.2
203.9
61.8
72.4
65.4

56.4
170.7
64.1
105. 9
70.0

71.8
174.7
72.1
137. 7
80. 1

2

!

Delinquent accounts, electrical trade:
\mount
dollars
Delinquent
firms
number

91, 332
941

112, 843
1,258

138, 592
1,228

86.9
80.7
82.8
89. 1
83. 5
95. 9

88. 2
82.0
84. 9
P0.6
84. 1
96.8

89. 1
83.2
86. 5
92.5
84. 6
96.8

Cost of Living
All groups
Clothing
Food
Fuel and light
Housing
Sundries

to
to
to
to
to
to

1923—''
1923..
1923..
1923 i
1923
1923 ;

Forest Products (Marketing)

j

Distilled wood
Gum
Lumber
Pulpwood
Total
2 Revised.




rel.
rel.
rel.
rel.
rel
rel.

rel.
rel.
rel.
rel.
rel.

to
to
to
to
to

1923-25.. .
1923-25
1923-25 i
1923-25 ji
1923-25.

43.3
136. 5
61.5
123. 1
68.4

245.7
70.5
98.3 !
39.7
2 59. 1 '
55. 4
M17.2 2118.3
2 64. 0
2 60. 9

89.6 i
84.4 i
86.9 1
92.7
85.3
96.9

65.8
25.5
51.6
2 103. 1
2 55. 9

!
!
j
!

i
91.1 !
84.6 1
90.9 i
92.9
85. 9
97. 2

74.2
37.1
50.5
110. 9
55.9

1

47

SURVEY OF CURRENT BUSINESS

July, 1931]

MONTHLY BUSINESS STATISTICS—Continued
1931

Earlier data for items shown here may

be found in the 1931 Annual Supplement to the Survey

May

April

1930

March

February

SeptanJanuary i Decem- Novem- October j8e
^m" August.
ber
ber

642,484

687, 560

July

June

May

DISTRIBUTION MOVEMENT— Contd.
|

Postal Business
Air mail, weight dispatched
pounds ..
Money orders:
Domestic, issued (50 cities)—
Quantity
thousands
Value
thous. of dolls
Domestic, paid (50 cities)—
Quantity
thousands.,
Value
thous of dolls
Foreign, issued
thous. of dolls..
Postal receipts:
Total index
rel to 1923-25
50 selected cities
thous. of dolls..
50 industrial cities _ _ .. thous. of dolls. ,
Eetai! Sales
Department store sales, value of:
United States, adjusted._-.rel. to 1923-25.,
United States, unadjusted.rel. to 1923-25. .
Atlanta
rel. to 1923-25
Boston
rel. to 1923-25
Chicago
rel to 1923-25 '.
Cleveland
rel to 1923-25
Dallas
rel to 1923-25 i
Kansas City
rel. to 1923-25
Minneapolis
rel to 1923-25
New York
rei to 1923-25
Philadelphia
rei. to 1923-25
Richmond
rel. to 1923-25.,
St Louis
rel to 1923-25
San Francisco
rel to 1923-25
Department store stocks, end of month:
United States, adjusted— .rel. to 1923-25..
United States, unadjusted.rel. to 1923-25. ,
Atlanta
rel. to 1923-25
Boston
... ...
rel. to 1923-25 .
Chicago
rel to 1923-25
Cleveland .. _ . . . rel. to 1923-25 ,
Dallas
rel. to 1923-25.,
Kansas Citv
rel. to 1923-25
Minneapolis
rel. to 1923-25
New York
rel to 1923-25
Philadelphia..
rel. to 1923-25
Richmond
rel. to 1923-25 .
St. Louis
. .
rel. to 1923-25
San Francisco
rei. to 1923-25
Mail-order houses:
Total sales, 2 houses
thous. of dolls..
Total sales, 2 houses
rel. to 1923-25..
Sears, Roebuck & Co
thous. of dolls..
Montgomery, Ward & Co.thous. of dolls..
Restaurant chains:
Childs Co.—
Sales
thous. of dolls..
Stores operated
number..
J. R. Thompson Co.—
Sales
thous of doll1;
Stores operated
number
Waldorf System (Inc.)—
Sales ._ _.
... thous. of dolls
Stores operated
Dumber..
Total sales, 3 chainsTotal
thous of dolls
Stores operated
number..
10-cent chain stores, sales:
F. W. Woolworth & Co.—
Sales
thous of dolls
Stores operated
number
F. & W. GrandSales
thous. of dolls..
Stores operated... ... ..
number
G. C. Murphy Co.—
Sales
thous. of dolls..
Stores operated. _ . .
number
Isaac Silver & Bros. —
Sales
thous. of dolls..
Stores operated
number..
J, C. Penny Co.—
Sales
thous. of dolls..
Stores operated
number
McCrory Stores Corp. —
Sales
.. thor.s of dolls
Stores operated
number
MetropolitanSales
thous. of dolls..
Stores operated
number. .
S. H. Kress & Co.—
Sales
thous. of dolls. .
Stores operated
number. .
S. S. Kresge Co.—
Sales
thous. of dolls..
Stores operated...
number..
W. T. Grant Co.—
Sales
thous. of dolls. .
Stores operated
number..
Total sales, 4 chains—
Sales...
thous. of dolls..
Stores operated
number
Miscellaneous chain group:
Five and Ten —
Actual
rei. to 1923-25
Adjusted for seasonal ..rel. to 1923-25. .




750, 638

724,617

j

767, 229

637, 054

742, 687

705, 963
705,

695, 305

693, 627

680, 814

702, 499

4,165
39, 627

3,525
34, 525

3,662
35, 916

3, 415
3,
33,
33, 923

3,285
33, 363

3,436
34, 672

3,554
35, 395

3,813
38, 266

3. 766
36, 006

3,828
37, 803

4,015
3,567
37,250 i 33,240

3,749
36,352

10,902
81, 956

11,562
90, 646
4,442

11,132
9,701
81,747 ' 70,935
5,014
4,032

10,590
78,273
4,893

11,716
91, 923
10, 443

10, 248
79, 934
5, 178

11,514
90, 647
4, 996

9,758
79,
79, 174
4,781

9,681
77, 670
5, 225

10, 197
81, 800
5,428

10, 619
82, 691
5,413

11,191
87, 661
5, 040

104.5
27, 844
3,047

109.9
29, 257
3, 268

113. 1
100. 1
30, 178 1 26, 405
3,284 j 3,215

110.3
29,172
3,466 ;

145.3
38, 572
4, 418

106.2
28, 379
3,028

121.1
32, 279
3,568

107.9
28,
28, 764
3,160

98.1
25, 876
3,132

101.2
26, 761
3, 157

104.9
27, 956
3,062

117. 3
31.370
3,335

95
95

106
101

:

94
165
152
163
167
148
159
147
129
191
152
194
142
182

98
113
97
110
106
89
108
99
78
125
101
117
94
108

102
112
115
115
113
103
118
110
86
136
114 |
. 134 !
104 !
118

99
103
90
88
108
89
107
103
100
112
79
79
92
92
108
108
108

102
77
77
74
84
76
78
79
73
77
63
77
73
108

100
71
67
71
72
68
69
68
61
77
58
73
66
91

105
98
83
98
98
87
89
82
80
109
84
100
84
97

105
105
101
108
112
102
106
94
90
119
91
112
96
114

92
104
95
98
114
95
87
120
73
120
91
103
95
107

92
191
92 !
94
113
93
86
119
73
116
86 !
100 i
95
107

91
95
88
88
87
107
88
78
113
69
107
79
79
93
93
89
100

91
87
85
78
99
80
70
107
66
97
70
82
86
96

94
87
83
81
99
80
66
100
62
97
71
83
82
96

96
93
89
88
103
88
72
104
65
104
78
90
86
99

96
98
91
94
111
92
79
110
69
1C9
80
95
91
105

68, 878
211
38, 785
30, 093

54,
54, 419
166
33,
33, 086
21,
21, 333

50, 682
155
29, 715
20, 967

48, 790
149
30, 121
18, 669

54, 356
166
30. 367
23, 989

59, 350
182
34, 300
25, 050

97
92 |

i
83
87

98
80

97
79

86
81

88
78

91
85

79

73

1

2

83
85

84
87

i

i
1

i

50, 070
153
31, 523
18, 547

52, 078
159
31,520
20, 558

43, 008
132
25, 407
17, 601

39, 422
121
24, 177
15, 245

41, 459
127
24, 839
16, 620

1, 957
108

2,059
110

2,064
111

1,889
111

2,083
112

2, 277
112

2, 075
111

2, 259
111

2,
2, 136
113

2, 173
113

2,050
113

2,103
114

2, 279
115

1,202
116

1,175
117

1,208
117

1,082
120

1,192
120

1,246
120

1,186

1,287
121

1,
1, 215
120

1,208
120

1,199
119

1,225
121

1,314
121

1,337
162

1,360
160

1, 351
160

1,210
160

1,295
152

1,379
152

1,338
147

1, 338
145

1,291
147

1, 261
146

1, 252
147

1, 257
147

1,379
145

4,496
386

4, 594
387

4,623
388

4,181
391

4,570
384

4,902
384

4,599
379

4,884
377

4,642
'380

4,642
379

4,501
379

4, 585
382

4 975
381

24,117
1, 896

23, 830
1,896

21, 724
1,894

19, 386
1,888

19,240
1,886 j

42, 320
1,890

24, 077
1,890

26, 422
1,889

22,
22, 353
353
1,886

22, 055
1,881

20, 737
1,871

20,715
1,867

25,309
1,855

1,825
118

2,004
117

1,664
116

1,431
114

1,371
112 !

3.545
'112

1,894
112

2,026
111

1,663
111

1, 669
108

1,669
105

1,869
103

1,840
98

1,549
168

1,588
168

1,329
166

1,204
166

1,221
166

3,170
166

1,579
165

1,621
163

1,344
162

1,362
163

1,319
163

1,289
160

1,410
157

695
45

723
45

596
45

513
45

1,421
45

673
45

693
44

566
45

608
45

598
45

696
45

715
45

15,450
1, 453

15, 380
1,454

12, 443
1,454

9, 540
1,453

9, 725
1,452

23, 703
1,452

18, 937
1,452

19, 860
1,450

15,
15, 956
1,446

14, 397
1,440

13, 602
1,438

15, 828
1, 435

17, 160
1,431

3,412
243

3, 703
243

3,381
242

2, 946
242

2,903
242

6,783
242

3,617
242

3, 606
241

3,278
240

3,406
240

3.123
240

3,212
240

3, 588
241

1,226
148

1, 258
148

1,337
148

1,474
147

5, 469
216

6, 606
367

155
166. 7

5,761
216

6,402
364

160
167.9

5,259
213

5,334
354

144
158.7

4,487
211

4,347
350

12?
162.5

476
45 j

72, 486 1 55,713
222
170
33, 312
43, 814
28, 672
22,401

4,400
211

12,061
213

5, 528
213

5, 7 If,
213

5,
5, 478

?11

5,125
211

5,061
211

5, 221
209

5, 399
207

9,825
681

23, 982
678

12, 503
676

12, 853
668

11,265
665

11,410
656

10, 882
645

11, 400
636

12, 778
632

4,110
350

11, 797
348

6, 677
346

7,084
340

5,286
318

5,385
309

4,818
305

5,469
303

6,153
293

36, 368
3,020

85, 146
3, 023

45, 725
3,021

48, 597
3,011

42,
42, 374
374
3,002

41, 996
2, 988

39, 803
2,967

40, 548
2,952

47, 075
2,935

124
160. S

298
153. 2

159
158.3

168
151.0

147
156.0

146
163. 0

138
152.0

141
150.0

174.0

r.2

48

SURVEY OF CURRENT BUSINESS

[July, 1Q31

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

1931
May

April

1930

March

Novem- October Septem» January DecemAugust
ber
ber
ber

July

June

May

DISTRIBUTION MOVEMENT— Contd.
Warehouses
Public merchanidse warehouses,
space occupied
p ct of total

2

65.9

66. 8

67.9

68.9

70.4

69.9

68.8

68.4

68.4

67.8

68.4

70.3

34, 674
51, 189

56, 296
75, 348

44,914
50, 994

45, 634
50, 414

68, 053
60, 338

74, 592
76, 325

84, 298
78, 358

82, 190
87,900

70,613
77,906

77, 906
84, 551

80, 536
91,544

79, 4C4
101, 545

2214, 888

319, 592

FOREIGN TRADE
Total trade:
Exports
Imports

Canadian
thous. of dolls
thous ofdolis.-

60, 845
73, 457

United States
Exports:
Grand total, including
reexports
thous of dolls 205, 000
•Grand total, including reexports,
54.0
index
rel to 1923-25
By grand divisionsAfrica total
thous of dolls
Asia and OceaniaTotal
thous. of dolls
Japan..
.. thous. of dolls. .
Ear ope—
Total
_
thous. of dolls..
France
thous of dolls
Germany
..-thous. of dolls. .
Italy
thous of dolls
United Kindgom.. thous. of dolls. .
North America—
Total
thous of dolls
Canada
thous. of dells ..
South America —
Total
thoup of dolls
Argentina
thous of dolls
By economic classes—•
Total domestic exports
only
thous. of dolls 199, 244
Crude materials _ -thous. of dolls . 36, 486
Foodstuffs, crude, and
food animals
thous. of dells.. 10, 543
Manufactured foodstuffs
thous. of dolls.. 18, 867
Finished manufactures. thous. of dolls.. 103, 458
Semifinished manufac29, 890
tures
thous of dolls
Agricultural exports (quantities) —
66
All commodities
rel. to 1910-14...
All commodities (except
89
cotton)...
. rel. to 1910-14—
imports:
Grand total. .- ,
, thous. of dolls 180, 164
55.8
Grand total index
rpl to 1923-25
By grand divisions —
Africa total
thous of dolls
Asia and Oceania —
Total
thoas of dolte
Japan
thous of dolls
Europe—
Total.
thous. of dolls..
France
thous. of dolls..
Germany
thous of dolls
United Kindgom-- thous. of dolls..
North AmericaTotal
thous of dolls
Canada
thous of dolls
South AmericaTotal
thous. of dolls..
Argentina
thous of dolls
By economic classes—
Total
thous. cf dolls..
Crude materials
thous. of dolls..
Foodstuffs, crude, and
food animals
. -thous. of dolls .
Manufactured foodstuffs
.-thous. of dolls Finished manufactures-thous. of dolls. .
Semifinished manufactures
. thous. of dolls..

180, 164
54, 658

235,881

224,413

249,646

275, 193

289, 021

327, 120

311,889

2&8.318

266, 619

295, 097

56.6

62.1

59.1

65.8

72.5

76.1

86.2

82.1

78.5

70.2

77.7

84.2

4,925

4,923

4, 954

5, 514

5,635

6, 588

6,272

6, 460

7, 5?5

7, 095

8,497

7,875

36, 202
14, 230

38,913
17,995

33, 252
11,257

35,431 i
14, 743

42, 279
12, 593

39, 219
12,425

44, 204
11,2J9

41,268
15 025

33, 641
8,821

35,913
V,489

43, 960
12, 709

44, 749
11,325

94, 320
11,329
12, 282
3 884
33, 344

113,838
12,456
19, 195
5,691
39, 706

117,938
13,564
16, 960
4, 168
38, 626

131, f 99 i 141,621
16,676 ! 19, 172
l'<,015 i 20, 32fi
5, 260
8, 625
49, 744
53, 871

155, 227
22. 094
23, 6^6
7, 582
61,094

174,652
23, 683
31, 507
8,924
71,918

158,717
20, 069
32,912
8, 105
57,841

143, 262
16,152
22, 784
5, 775
53, 928

113,043
11,9P6
14,151
5, 522
40, 628

122,830
11,152
16,456
6,2^0
47,915

135,508
15, 110
1 7, 226
7,719
47, 002

62, 974
44, 851

63, 068
41, 860

52, 762
35, 305

5^,952 1
33, 657

61,921
36, 32€

64, 471
41, 689

76, 175
49, 165

79, 533
52, 070

82, 945
53, 695

82. 956
55, 058

92. 174
59,715

101, 6C6
69, 559

16,467
5, 803

15. 139
4,512

35,503
4,922

20,049 i
5,467 \

23, 737
8,801

23,516
8,728

25, SI/
10,361

25,911
9, 776

25, 744
9,741

27,612
10,816

27, 63fi
12, 067

29, 853
11,227

231, 077
56, 428

220, 658
47, 660

270, 810
76, 735

285, 441
90, 930

322.941
104, 829

307, 945
94, 268

293, 899
53, 155

261, 960
36, 532

289, 827
37,484

312, 592
40, 777

2

2 210, 068
2 40, 146

2

2

2

9, 583

7,316

8,487

13,462

15, 592

15,228

18, 183

24,161

10, 656

13, 346

12, 448

23, 383
2
110, 255

22,165
116,009

27,008
117,061

27, 033
119,6-0

29, 992
115,802

32,143
132,729

27, 825
130, 569

28,317
147, 505

24, 209
144,732

27, 3] 1
164, 559

30. 378
179,022
49, 967

8, 626
19, 593
2
11 0,773
2

2

31, 427

27,417

34, 578

33,910

33, 125

38, 012

37, 099

40, 760

39, 830

47, 127

68

87

71

85

109

126

137

124

87

57

55

56

81

86

82

95

105

116

127

114

130

98

93

90

210.
200
2
65. 1

175,108
54.2

183,132
56.7

208, 721
64.6

203,713
63.1

247, 322
76.6

226, 352
70.1

218,417
67.6

220, 494
68.3

250, 343
77.5

284. 683
88.1

30, 929

2 185, 706
57. 5

2

245, 759
58,625

2

3, 778

3, 052

2,344

3, 500

3, 353

3,938

4,310

4, 257

4,696

5, 354

5,013

5,611

53, 180
12 183

59, 552
18, 454

50, 183
16, 255

56,024
19,731

64,941
27, 208

53, 032
19, 620

73, 909
30, 577

62, 020
23 232

68, 789
25, 249

65, 281
17, 147

71,194
15, 357

74, 577
13,874

53, 387
6. 250
11, 249
5,741
11, 561

82, 174
6, 598
13,434
6,192
13, 033

51,172
6,880
9, 486
5, 128
11,970

52, 940
5, 881
10, 682
3, 724
10, 813

56, 661
7,275
11,619
5, 252
11,468

56, 530
8, 227
11,166
6, 353
15,289

77, 530
11,673
17,358
6, 461
17, 743

73. 423
10, 351
14,050
4,978
17, 017

63, 495
8, 806
14, 334
4,546
13, 840

62, 046
7,857
12, 724
4, 518
13, 901

72, 147
7,484
12,837
6,770
15,511

84, 137
10, 302
13, 046
10,467
21,353

46, 484
23, 757

50, 230
24,118

42, 294
21, ^54

43, S58
23, 534

53, 257
26, 139

54. 526
30, 279

62, 158
34, 306

58, 584
32, 508

65, 129
29, 286

57,515
30, 2C5

66, 181
35, 503

81,139
37, 358

26,91.7
2, 638

34, 599
3, 5C6

29,115
2, S49

26, 657
2,370

30, 388
2, 639

28, 028
3, 396

26, 2 / 9
3,341

30, 248
3, 931

35, 554
4,109

39, 180
9, 159

210, 200
64, 607

175,108
56, 357

30, 509
2, 519
t
183, 132 ' 208,721
69, 079
59, 318

203,713
59, 243

247, 322
77,487

226, 352
75, 393

218,417
72, 817

220, 494
69, 5S5

250, 343
76, 643

284, 683
86, 589

185, 706
54, 702

2

2

2

!

26, 9?8
2, 35o

28, 912

33, 020

28,314

27, 363

30, 029

27, 337

32, 849

27, 582

26, 598

29, 310

35, 372

34, 744

18,910 2 22, 985
45, 530 2 45, 734

23, 558
2
49, 226

17, 737
41,168

14,644
44, 947

22,312
49, 172

21,045
23, 145
57, 826 i. 68,321

20, 6GO
61, 791

17,210
57, 797

19, 669
57, 242

24,813
61, 790

41,571
68, 424

30, 353 2 33, 373

39, 789

31,532

36; SCO

38, 129

38, 262 i

45,520

40, 9S6

44, 196

44, 688

51, 725 |

53, 354

77.8
65. 4

78.0
65.2

77.9
65.2

77.8
65.0

78.3
64.4

80.1
68.6

81.1
70.0

1

82.2
71.4

83.4
71.7

84.4
71.4

86.6
74.3

89.7
77.1

91.4
79.3

93.0
94. 5
74.8

66. 6
95. 3
74.0
81.2
82.1

91.7
94.0
76. 5
84. 0
55. 4
78.0
66. 5
95. 0
70.5
80.2
82.1

89.8
87.2
76.6
82.2
55.7
79.3
66.6
94.7
68.4
79.7
83.4

94.5
97.5
75.9
78.4
56.3
80.6
66.8
94.9
71,4
77.2
84. 6

96.6
99.7
77.5
77.1
56.3
81.9
69.2
95.6
73.7
75. 5
81.3

!

97.9
100. 8
79.1
76.6
58.8
84. 2
71.2
96.7
74.7
77.4
83.5

98.3 i
100.8 i
80.2
77.4
60.4
85.7
71.8
97.0
75.2
79.4
82.0

101. 1
104. 3
81.3
80.2
62.1
88.0
72.6
98.4
75.4
80.7
83.5

102.3
106.6
81.7
82.7
62.4
90.2
73.6
99.0
75.3
82.4
85.1

104.4
110.1
83.9
85.1
65.1
90.8
76.1
101.1
80.0
81.0
84.1

105.4
111.1
87.3
86.8
67.8
95.2
78.7
101.7
82.4
81.0
90.4

105.7
113.0
90.0
88.9
71.6
99.5
80.3
102.4
88.0
85.7
89.7

1C6. 5
114.3
91.6
90. 4
73.9
102. 8
80. 2
103. 2
88.0
87.4
90.9

63.2
70.9

63.8
70. 3

64.3
70.2

64.9
68.8

67.1 1
72.3 i

69.4
78.9

68.6
76.4

67.2
68.6

69.7
71.1

71.7
74. 8

74.9
81.4

78.9
86.5

80.4
87.4

30, 712

EMPLOYMENT AND WAGES
Employment Indexes
Factory employment, adjusted(Fed. Res. Bd.) :
Total
rel. to 1923-25
Cement, clay, and glass rel. to 1923-25..
ChemicalsGroup
rel. to 1923-25
Petroleum, refined
rel. to 1923-25..
Iron and steel..
rel. to 1923-25
Leather and its products, .rel. to 1923-25..
Lumber and its products. .rel. to 1923-25..
Machinery. ..
rel. to 1923-25 !
Nonferrous metals
rel to 1923-25
Paper and printing
rel. to 1923-25
Rubber products ..
rel. to 1923-25
Textiles
rel. to 1923-25
Tobacco production
rel. to 1923-25
TransportationGroup
rel. to ] 923-25
Automobiles
rel. to 1923-25..
2
Revised.




84. 2
55. 4
76.3

1
i
i
!
!

49

SURVEY OF CURRENT BUSINESS

July, 1931]

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

1931
May

April

1930

ii

March

Febru- January
ary

Decem- | Novem- October Septem- August
ber
ber
!
bor

90.0
88.1
83.0
76.6
112.5
71.9
76.2
77.0
69.6
384, 983
82.4
26, 363
79.8
78.2

90.0
87.6
81.2
76.5
114.6
71.2
75.5
77.4
68.5
379, 089
80.9
28,110
80.2
77.6

89.8
87.1
76.5
76.3
113.8
69.4
73.6
77.9
67.5
373, 304
79.8
28.487
78.9
76.9

87.9
86.7
40.0
77.5
117.2
69.9
76.7
82.2
69.3
383,518
81.9
30,076
81.7
77.5

79.9

87.1

88.3

July

June

May

EMPLOYMENT AND WAGES— Con.
Employment Indexes— Continued
Employees on payroll, unadjusted:
Cleveland
rel. to Jan 1921
86.9 \
83.8
Delaware..
_rel. to 1923-25-.
86. 3
86 9
D^troit
rel to 1923-25
80.4 i
83.5
Illinois
.-rel. to 1925-27-74. 5
75 6
lowa
rel. to 1923
110.1 ; 111.0
Massachusetts
_
rel. to 1925-27
70. 8
72. 2
Maryland
rel to 1924
75.9 :
76.2
New Jersey
rel. to 1923-25
75.3
75.7
New York State
rel. to 1923..
67.6 i
69.0
New York State
number
373,993 : 382.045
Ohio
-._ rel. to 1926 .
i
83 0
Oklahoma
number
i 27 340
Pennsylvania ..
rel. to 1923-25
77.4 I
79.4
Wisconsin
rel. to 1925-27-78. 1 !
77. 9

i
87.4
!
87.9
I
75.8
j
77.7
! 117.7
!
73.2
i
78.8
•
85.8
!
72.0
i 398,424
I
82.1
!] 32,294
84.7
|
78.5

91.6
94.0
79.0
80.2
114.3
75.4
81.6
88.2
74.3
411,333
85.1
33, 342
86.4
81.3

92.0
98.5
74.8
82.9
115.1
76.2
83.4
88.0
75.6
418, 262
88.2
35, 058
87.5
83.1

96.1
101.6
83.0
84.9
117.2
75.7
82.0
84.2
73.9
408, 895
89.3
35, 139
86.6
85.2

99.4
102.7
48.0
85.7
118.1
74.3
83.3
83.5
74.6
412, 693
92.1
34, 849
87.6
90.5

103.9
107.2
99.0
91.2
122.5
78.5
86.2
84.1
77.5
428, 678
96.5
34, 748
91.9
89.0

107. 9
109.4
109.2
93.4
126.1
81.3
87.4
85.6
79.0
436,926
100.0
34, 285
94.2
92.7

E in ploy m en t
Anthracite mines, employment.rel. to 1923-25..
Applicants per 100 jobs, employment agencies:
Canada
. ... number
United States
number-Central States
number
Eastern States
number-Southern States
.
number
Western States
number. .
Illinois
.
number
Wisconsin
number
Employment, Trade Unions:
Canada.. .. ...p. ct. of total membership .
United States.p. ct. of total membership..
Employment, Canada..
rel. of 1926. .
Factories, time operated:
Total
p. ct. of full time
Chemicals and other
j
products
p ct of full time
Food and kindred products
.
p. ct. of full time
Leather and its finished
!
products.
.
p. ct. of full time
Lumber and its manu!
factures .
p. ct. of full time
Iron and steel and their
products.
p ct. of full time
Nonferrous metals
p. ct. of full time
Paper and printing
p. ct. of full time..
Stone, clay, and glass
products
p ct. of full time
Textiles and their products
p. ct. of full time J
Tobacco manufactures. p. ct. of full time..
Vehicles'for land transportation
p. ct. of full time
Miscellaneous indus;
tries
p ct. of full time i
Ratio actual time to capacity
per cent
Factory employment relative to full normal
force:
Total 12 groups
p. ct. of nor. force . '
Chemicals and other
products
p. ct. of nor. force i
Food and kindred prod1
nets
. .
p. ct. of nor. force
Iron arid steel and their
products ...
p. ct. of nor. force l
Leather and its finished
products
p. ct. of nor. force J
Lumber and its manufactures
_ p. ct. of nor. force '
Nouferrous metals
p. ct. of nor. force
Paper and printing . - p. ct. of nor. force
Stone, clay, and glass
products
.. . . p. ct. of nor. force
Textiles and their products _
p. ct. of nor force !
Tobacco manufactures .p. ct. of nor. orce
Vehicles for laud transportation
p. ct. of nor. force..
Miscellaneous
p. ct. of nor. force
Federal Civilian Employees (Washington)
number
Hours of work in factories:
Actual
hours per week
Nominal-..
hours per week
Labor turnover:
Accessions
D. ct. of no. on pav roll
Separations —
Total
p. ct. of no. on pay roll
Discharges..- p. ct. of no. on pay rolL.
Lay-otTs
p. ct. of no. on pay roll..
Voluntary
quits
p. ct. of no. on pav roll
Labor disputes:
Disputes .
number
Man-days lost in month
.number
Workers involved
number..!
Ohio construction, employmerit
.
rel. to 1926
Railways, employees on pay roll- -thousands,.
1
Revised.




78. 3 i

82. 9

1

75.0

|

i

\

94.7

96.2

91.9

81.7

90.3

89.5

92.3

133
218
233
239
314 i
103
270
191

189
227
251
231
344
123
280
210

211
193
240
192
277
74
278
178

159
170
222
181
201
71
230
188

145
177
204
214
252
79
234
162

161
198
221
231
253
98
262
150

156
186
209
202
240
81
224
155

148
164
173
172
243
93
196
135

86.2
78. 0
112.9

89.2
79.0
116.2

90.6
79.0
116.6

90.7
78.0
118.8

90.8
78.0
118.9

89.4
80.0
116.5

89.7
80.0
111.4

215
172

141
202
232
209
265
89
250
250

85 1
75.0
9Q 7

84.5 i
74.0
100.2 i

84.4
73.0
100.7

84.0
73.0
101.7

83.0
77. 0
108. 5

1

218

96.5 :

147
179
215
202
215 i
75
228 i
197

156 |
224
261
254
293
91
331
230 i

91

91

90

89

90

90

92

92

91

91

93

94

Q7

96

95

95 !

95

95

97

96

96

95

97

99

96

96

96

97

97 ;

97

98

98

97

97

97

97

92

91 i

87 ;

84

90

91

93

94

92

93

86

85

„

89
S3

84 '_

86

89

89

88

88

90

91

80
86
95

80
87 i
96 I

80
87
95

80
86
95

80
86
96

80
87
96

83
89
97

84
90
96

85
89
96

86
89
96

88
92
98

90
93
98

91

91 !

90

90

90

91

93

92

92

92

95

96

93
86

94 i
87 :

93
85

90
88

90
91

91
89

92
90

90
90

89
92

88
93

90
93

91
91

92

91

91

89

91

91

93

93

93

93

94

96

88

87

87

88 !1

88

88
fi«

90

91
72

90
71

92
73

88
78

94
80

76

77

78

78

80

84

85

75

it

79

77

77

79

81

88

89

89

85

88

88

87

92

'
i
i
'i

73

75

77

79

82

86

88

i

83

88

89

90

90

87

88

!•

66
75
94

68
75
94

68
75
94

71
77
9-1

72
78
95

75
80
97

76
80
97

...
1
i

'

!
i

75

76

77

81

83

78
96

78
97

77
97

75
97

76
97

80
98

82
96

;

64

66
79

70
79

72
80

75
82

81
86

85
8S

:

71,052

70, 790

70, 598

70, 197

69, 666

68, 510

67, 036

41.1
47.8

42.3
48.2

42.5
48.3

42.6
49.1

43.3
48.4

44.5
48.6

45.2
48. 9

1

:

1
72 ?97 i

71,917

•

r

71,162 | 71,252

71,189

1
!

41.7
48.3

77 i

32. 8

37. 2

43.2

36.8

35.0

25.1

24.9

30.1

39.8

31.9

29.5

35.5

38.6

45. 1 !
3. 3
28. 6

41. 6
3. 8
23. 9

34.8 !
3.1
20 6

35.0
2. 6
22.8

33.9
2.2
23.0

44. 6 I
2.5 i
32. 2 !

47. 6
2.9
33. 7

52.9
3.8
33.9

60.9
4.4
38.2

67 7
4.2
47.0

68.8
3.8
49.1

64.6
5.6
36.5

60.8
5.6
31.5

13.2 !

13.9

11.1 j

8. 7

9.9 |

11.0

15.2

18.3

16.5

15.9

22.5

23.7

i

41

234
220
225
233
230
34
27 |
229
244
230
598, 525 2420,
148 2228,329 2181,031 2194,455 : 2 273, 608 2235,916 2208, 189 2142,738 2141,647 2144,117
14, 855 2 27, 574 212,512 ! 2 2,927
25,144 i 27,759 216,007 213,778
28,311
27,131
24,615

229
2185,488

i
I
i

60. 0

53. 7
1, 319

;

9. 6 ;

51.9 !
1,316

49.4
1,334 |

59.8 !
1,357

72.0
1,394

82.6
1, 455

87.7
1,486

96.6
1,514

100.3
1, 532

93.3
1, 564

93.5
1.C01

50

SURVEY OF CURRENT BUSINESS

[July, 1931

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

1930

1931
May

March

April

Decem- Novem- October Septem- August
ber
ber
ber

Febru- January
ary

June

July

May

EMPLOYMENT AND WAGES— Con.
Wages
Anthracite mines, pay roll
rel. to 1923-25. Factory pay rolls (Fed. Res. Bd.):
Total .-.
rel. to 1923-25
Cement, clay, and glass
rel. to 1923-25. _
ChemicalsGroup
rel. to 1923-25
Petroleum refining
rel. to 1923-25. .
Iron and steel
_.
rel. to 1923-25
Leather and its products. __rel. to 1923-25.Lumber and its products. _rel. to 1923-25.Machinery
rel to 1923-25
Nouferrous metals
rel. to 1923-25..
Paper and printing
rel. to 1923-25-Rubber products
rel. to 1923-25..
Textiles
.
rel. to 1923-25
Tobacco products
rel to 1923-25
TransportationGroup
rel. to 1923-25—
Automobile
rel. to 1923-25..
Farm wages, without board dolls per month
Industrial pay rolls:
Total, monthlyDelaware.
_rel. to 1923-25..
New Jersey
__rel. to 1923-25..
New York
__ .rel. to 1923 .
Pennsylvania
..rel. to 1923-25..
Wisconsin
. rel. to 1925-27 .
WeeklyNew York State, _ thous. of dolls
Oklahoma
thous of dolls
Road building, wages of common labor:
United States average
cents per hour-East North Central section
cents per hour
East South Central section
__ _
_
cents per hour
Middle Atlantic section... cents per hour..
Mountain section
cents per hour
New England section
cents per hour..
Pacific section
cents per hour—
South Atlantic section
cents per hour..
West North Central section
cents per hour .
West South Central section
__
cents per hour
Railways, average hourly wages
dollars..
U. S. Steel Corpn., wage rates-cents per hour-Weekly earnings of factory labor:
United States, totals, 23 industriesGrand total
dollars
Grand total
rel. to July, 1914—
Men —•
Total . .
dollars
Total
rel. to July, 1914S killed
dollars
Skilled .._
rel. to July, 1914 .
Unskilled
dollars
Unskilled
rel to July 1914
Women
dollars
Women
rel to July, 1914
Totals by StatesIllinois
dollars-Illinois
rel to 1925-27
New York
dollars
New York
rel. to 1923—
Oklahoma
dollars
Wisconsin
dollars. _ i
Wisconsin
rel. to 1925-27— !
Youngstown district, wages of
steel workers
p ct of base scale

64.6

63.8

55.7

79.8

75.8

85.0

83.2

102.3

78.2

68.2

72.6

73.2

85.8

72.1
56.7 !

73.6
55.7

74.9
54.0

73.2
51.4

68.4
46.6

73.7
56.3

75.1
60.9

80.8
66.4

83.0
66.4

81.7
66.4

82.6
66.4

90.7
76.1

2 94.4
76.9

88.4
96.1
64.9 !
68.7 I
45.7
67.8
63.4
100.0
71.0
71.7
68.3

92.0
96.7
69.1
70.6
44.9
69.7
65.4
100.6
66.8
76.8
65.7

89.8
90.8
70.0
73.4
46.2
72.0
66.3
101.9
63.2
81.9
68.3

92.9
100.8
67.5
68.8
45.6
71.9
64.4
100.7
63.8
76.9
65.3

90.4
99.3
62.4
60.6
44.0
69.9
64.1 !
101.3
63.8
68.4 |
64.3

94.7
101.4
66.7
58.1
50.4
75.0
67.9
105.7
62.6
72.2
77. 7

96.1
103.2
68.9
55.0
54.7
75.1
67.3
105.0
58.7
73.4
76.8

99.9
109.3
75.8
69.7
60.4
81.4
69.4
105. 4
65.9
80.3
78.0

101.3
113.8
75.4
76.2
60.9
84.2
70.7
106.3
71.8
81.2
80.0

100.7
117.2
77.5
80.0
61.6
85.6
72.0
106. 9
77.6
73.2
77.2 i

100.8
118.1
78.6
78.6
63.0
90.9
76.0
107.3
80.8
69.2
81.9

105.3
121.7
90.8
73.8
70.9
102.7
85.0
111.9
88.3
77.8
84.4

66.1
75.6

65.3
70.8

64.1
67.7
338.37

62.2
61.1

51.8 I
40.0

60.8
55.5
3 39. 04

60.8
57.4

62.8
58.4

66.0
62.4
344 28

66.3
58.1

71.7
72.4

83.8
89.2
3 47. 24

91. 1
101. 7

81. 1
76.3
66.6
64.9
67.2

79.7
76.1
69.1
69.5
68.2

81.7
77.3
71.1
68.4
68.8

79.9
78.6
68.8
68.3
65.8

77.0
77.5 1
66.7
66.2
60.0 !

78.7
83.4
69.7
71.3
63.9

78.1
87.7
72.2
74.8
66.2

87.1
93.4
76.2
80.7
73.0

89.7
93.0
80.0
81.4
72.3

93.2 !
89.3
77.2
82.0
73.9

94.2
88.1
81.' 2
77.7

101. 1
90. 1
82.0
89.1
83.0

103. 8
93.3
84.0
94.9
89.0

10, 046

10, 414
682

10, 723
679

10, 365
711

10,048 |
730 !

10, 513
803

10, 883
869

11, 489
836

12, 061
944

11,631
958

11,717
971

12, 369
982

12, 667
1,013

37

35

37

36

38

39

40

39

40

40

40

36

41

33

36 j
i
37

37

37

37

37

38

38

37

38

38

39

21
38
45
45
50
21

20
38
43
47
51
22

21
41
44
48
52
24

22
39
42
48
51
24

21
40
44
48
51
20

22
41
45
51
51
22

24
40
47
50
52
22

24

41
48
49
53
22

24
42
48
50
53
23

23
42
46
50 i
53
28

25
42
47
49
53
25

25
43
48
49
54
26

25
41
48
48
52
26

38

36

37

36

37

37

35

38

37

36

36

37

37

23
.669
50

28
.689
50

26
.670
50

28
.670
50

26
.679
50

27
.659
50

27
.664
50

26
.697
50

26
.651
50

28
.653
50

28
.688
50

24.23
193.2

24.06
191.9

24.92
198.7

25.22
201.1

25.38
202.4

25.72
205.1

26.48
211.2

27.05
215.7

25.36
190.7
26.30
185. 7
21.58
201.5
15.47
197.3

25.15
189.1
26.11 •
184.4
21.29
198.8
15.22 ;
194.1

26.25
197. 4
27. 25
192. 4
22. 13
?06. 6
15. 72
200. 5

26.87
202.0
28.08
198. 3
21.93
204.8
15.27
194.8

27.33
27.15
204. 1
205. 5
28.55
28.35
200.2
201.6
22.26
22.30
208.2 • 207. 8
15.88
15.71
202.6
200.4

28.56
214.7
29. 87
210.9
23.13
216. 0
16.13
205. 7

29. 19
219. 5
30.50
215.4
23.85

25. 09
88.4
27.42
100. 7
26. 87
20.84
81.1

25.31
89.2
27.32
100.3 '
26. 91
21. 33
84.1

26. 42
93.1
27. 94
102. 6
25.06
22.89
89.0

26.43
93.1
28.84
105.9
26.92
22. 16
85. 6

26.45
93.2
28.45
104.4
27. 27
22.21
86.0

26.27
92.6
28.40
104.3
27.85
21.47
83.6

27.49
96.9
28. 86
105.9
28. 25
23.96
92.8

28.14
99.2
29.00
106. 5
29. 54
24. 79
95.7

127. 0

127.0

127.0

127. 0

127.0

127.0

127.0

127. 0

22
---

21
~"~50~

—-

|

-

~j

i

i

- 24.54
86.5
26.87
102. 3
84.9
127.0

24.99
88.1
27.27
100.1
24.95
22.26
86.7

25.13
88.6
27.87
102.3
25.73
22.69
88. 1

25.29
89.1
27.35
100.4
25.28
21.64
84.3

24.25
85.5
26. 92
98.8
25. 61
19.70
76.5

127.0

127.0

127.0

127.0

I
!
!
\
|

2

106.6
120. 4
95. 5
75.6

108! 3
84.4
113.3
95. 4
82.7
82.1

16^27
207. 5

CONSTRUCTION
Building Costs
Building costs (A. G. C.), 1st of
month
,
rel. to 1913—
Building costs (E. N. /?.) 1st of
month
rel. to 1913
Building materials:
Brick house, 6-rm., 1st of month
rel. to 1913Frame house, 6-rm., 1st of month
-._
rel. to 1913Construction costs (Am. Appraisal} :
Brick, steel frame
.rel. to 1913—
Brick, wood frame
rel. to 1913—
Frame
. _
.
rel. to 1913
Reinforced concrete
rel. to 1913. .
Factory costs (quarterly) (Aberthaw)
rel to 1914
Building volume (A. G. C.)
rel. to 1913.

:

199

200 ;

196. 9 i

198. 5

198.7 i

170

174 ;

172

176

165

163

168

165

171

178
192
178
181

179
194
179
182

179
194
179
182

179 1
196 '
182 !
184

180
196
183
185

186 :
202 '
188 i
190

87 1

78

99

95

a 185
123

173 :

82

90

57

55,

61

62

197

199

199

200

199 1

189.3

191. 6

194.5

196.6

194.5 I

167

167

170

171

160

157

163

166
180
166
169

172
186
172
175

107

199

198

199

200

201

201. 0

201.0

203. 4

205.9

4
168

175

177

179

181

169

173

175

177

iss

206
191
193

190
208
194
195

193
211
197
197

193
212
198
198

196
213
201
200

186

185
199

206

199

U89
191

176

82

81

84

89

146

111

12, 533
11,495
11, 621
44, 577
41, 193
39, 760
331, 864 ! 346,643 366, 878

13, 359
48, 214
600, 573

14, 331
53, 732
457, 416

198

199. 6 1
17

:
:

!

3

Construction Contracts Awarded
Total construction, unadjusted,
F. R. B
. rel. to 1923-1925
74
Total construction, all types:
Projects
number
11, 506
Floor space
thous. of sq. ft.
38, 941
Valuation
__
thous. of dolls . 306,079




2 Rev ised.

11,888
39, 380
336, 925

10, 788
37, 955
369, 981

7,629
28, 339
235, 405

7,391
6,911
24, 635 ! 29, 055
227, 956 ; 249,436
3

9,127
12,158
33,099 i 39,484
253, 574 J 336, 706

Quarter eiided in month indi cated.

July, 1931]

51

SURVEY OF CURRENT BUSINESS
MONTHLY BUSINESS STATISTICS—Continued
1931
May

April

Decem- Novem- October Septem- August
ber
ber
ber

July

June

May

4,567
28, 435

1, 135

1,174
3,555
25, 092

1,481
4,727
29, 509

2,015
6,673
35, 653

1,841
5,721
31, 137

1,919
7,914
50, 860

1,925
7,332
46, 941

1,916
9,489
59, 080

2,267
9,897
73, 340

147
2,272
16, 685

146
2,800
19, 408

197
4,012
24, 527

202
4,275
29, 528

283
3, 584
28, 554

380
4, 150
28, 233

548
4,141
25, 897

823
6,514
42, 748

696
6,730
48, 919

518
6, 213
36, 890

59
908
7,708

55
COO
4,855

69
752
6,769

72
816
6, 937

110
1,052
11, 556

136
1,753
16, 547

119

13,415

i, eo9

126
1,900
12, 673

125
1,903
19, 675

125
1,401
10, 312

221
1,499
7,309

236
1,620
10, 067

266
2,090
12, 946

318
2,056
12, 967

385
2, 610
13, 785

347
5,434
24, 043

417
3,611
18, 175

401
5, 073
28, 882

383
3,721
22, 693

433
7,516
37, 352

83
2,019
10, 705

86
952
5,364

107
1,710
19, 545

114
645
5,240

137
1, 176
14, 553

137
1,300
11,661

137
2,031
12, 547

156
2,650
13, 947

155
1,115
8,554

112
1, 598
10, 033

1,080
246
78, 643

978
393
95, 211

1,009
697
78, 621

1,292
468
76, 378

2,017
2, 146
339
1,484
112,966 109, 092

2,076
1,297
126, 722

2,316
946
121, 151

2, 594
1,907
32?, 842

2,406
1,099
152, 128

94
392
3,926

90
241
1,685

102
446
5,177

111
496
4,564

162
667
5,386

189
860
6,576

206
852
6,879

220
873
8,030

236
1,315
11,809

208
1,131
10, 374

6,486
22, 090
100, 913

4,520
16, 559
77, 918

4,056
12, 235
54, 376

4,340
14, 705
70, 911

5,368
18, 844
80, 782

6, 822
22, 337
104, 670

6,097
19, 688
98, 535

5,979
16, 843
82, 670

6, 297
18, 231
84, 333

7,012
20, 782
96, 816

7, 982
23, 462
116, 569

22, 708

27, 312

149
619
4,999
25, 930

129
1,228
8,557
20, 299

127
1,108
5, 849
24, 542

169
771
7,670
39,311

227
1,047
9,583
33, 332

222
804
6,040
32, 407

220
1,462
9,478
49, 407

269
1,059
8,173
37, 374

242
1,253
10, 187
54, 728

280
1, 416
10, 419
46, 862

60.0

53.7

51.9

49.4

59.8

72.0

82.6

87.7

96.6

100.3

93.3

93. 5

12, 303
10, 038

24, 671
21, 982

19, 467
17, 573

9,403
8,321

10, 107
9,218

8,808
5,081

6,293
4,790

9,745
6,820

10,080
6,360

10, 657
7,243

17, 416
12, 720

18, 156
13, 860

18, 914
14, 899

5,059
225
11, 229

9,100
254
9,569

5,826
205
8,277

9,654
188
7,489

17,416
423
6,957

42, 751
1,071
7,030

40, 418
1,138
7,785

41, 088
1,025
8,325

18, 422
544
8,459

18, 541
537
8,339

13, 844
483
8,055

22, 939
938
7,709

9,317
445
7,674

176, 300

182, 280

197, 960

191, 920

187, 340

182, 950

174, 940

168, 100

167, 200

176, 920

172, 900

7, 160
5, 001
2, 159

7, 947
5,597
2,350

8,108
5,746
2,362

7,693
5, 502
2,191

2 8, 195
2 5, 906
2 2, 289

2
7, 792
2 5, 517
2 2, 275

2 7, 906
2 5, 397
2 2, 509

2
7, 899
2 5,016
2 2, 883

2 7, 784
2 4 720
2 3, 064

2 8, 064
2 4, 826
2 3, 237

410
6, 750

460
7,487

502
7, 606

465
7,228

2

479
7, 313

526
2 7, 380

2

541
7, 243

518
2 7, 546

1,485
1, 456
162

1, 542
1,513
149

1,515
1,488
142

1, 575
1, 550
161

1,443
1,419
154

1, 412
1, 391
143

1,426
1,404
132

1, 435
1,414
136

1,545
1,524
129

6,652
21,911
88, 900

36, 896

1,907
785
132, 993

7,221
22, 633
95, 896

7,657
4,544
3, 113

i Revised.

Febru- January
ary

1,276
3, 825
27, 513

2,141
387
108, 948




March

1930

1,681
522
151, 722

2
2
2

7, 875
5, 244
2, 631

2
2
2

454
7,203

452
2 7, 423

1,405
1,388
98

1,414
1,392
128

1,336
1,311
145

77,098
19,051

77, 214
18, 650

73, 277
16, 864

76, 824
17,892

77, 820
16, 070

76, 139
17, 148

79, 173
19, 074

76, 925
17, 756

76, 279
16, 445

76, 850
15, 452

77,815
17, 432

80, 507
18, 141

9,391
11,963
1,513

9,346
12, 024
1,406

8,326
10, 806
724

8, 943
11, 528
609

10, 012
12, 973
1,517

8,647
11, 348
735

10, 137
13, 157
1,829

10, 117
13, 054
1,467

10, 121
12, 965
1,400

10, 131
13, 090
875

10,759
13, 768
1,412

10, 957
14, 059
1, 445

119
10, 113

134
9,687

128
9,884

2
124
10, 474

118
10, 940

115
10, 810

124
10, 416

93
10, 891

83
11, 153

153
11,734

8,072
672, 555

8,072
690, 476

8,066
629, 336

8,064
692, 709

8, 050
718, 784

8,050
658, 789

8,376
701, 279

8,370
646, 036

8,352
646, 750

8,340
655, 477

8,328
681, 788

8,320
736, 202

169, 760
216, 559

134, 854
203, 085

52, 700
163, 186

49, 620
165, 789

56, 740
233, 890

64, 170
225, 021

230, 423
225, 322

246, 832
230, 043

282, 393
244, 640

387, 260
247, 376

367, 727
219, 574

307, 823
208, 467

310,711
214, 302

86,000

82, 465

82, 970

69, 572

75, 512

107, 507

83, 480

102, 569

113, 749

70, 088

84, 266

140, 176

124, 924

2

2

2

a 102
10, 826

2

486
7, 709

2

541
7, 358

2

52

SURVEY OF CUEEENT BUSINESS

[July, 1931

MONTHLY BUSINESS STATISTICS—Continued
1931

Earlier data for items shown here may
be found in the 1931 Annual Supple-

ment to the Survey

May

April

March

1930
Febru- January Decem- Novern- ; Ootftbpr
Septem! ber j ber | Uctober
ber
ary

August

July

June

May

PUBLIC UTILITIES— Continued
Tra nsportation— Continued
Inland waterways— Continued.
1, 508
1,359
1,811
2,075
Monongahela River-. thous. of short tons-.
1, 535
1, 571 !
2,087
1,518
1, 547
New York State canals
1
688
458
thous of short tons
390
Ohio River, Pittsburgh to Wheeling
thous. of short tons
505
686
928
713
546
500
926
1,03-7
428
Panama Canal —
2,394
1,925
2,107
2,060
Total cargo traffic.thous. of long tons..
1,916
2, 167
2,263
1,930
2,011
In American vessels
1,009
937
864
958
1.133
1,040
thous. of long tons
910
953
929
421
540
615
546
436
In British vessels.thous. of long tons..
436
429
536
448
914
877
St. Lawrence Canal.. thous. of short tons..
1, 1G6
38
563
319
Sault Ste. Marie Canal
9,094
10, 347
thous of long tons
4, 335
922
5,130
311
2,744
2,474
2, 246
2,186
2,217 2 2,204
Suez Canal
thous. of met. tons
2,396
2,440
Welland Canal
short tons_. 1,165,853 370, 003
68, 400 583, 907 916,563 979, 532
Ocean traffic:
Clearances, vessels in foreign trade7,074
7, 653
5, 414
6,224
Total
thous. of net tons..
4,972
5,505
6, 539
5,044
5,907
2, 501
2, 651
3, 060
1,843
American
thous. of net tons..
1. 991
2, 525
2, 092
1, 695
1,773
4,593
3,514
3,723
4,423
Foreign
thous. of net tons_.
4,014
3, 571
3,277
3,815
3,271
Passenger travel:
Arrivals from abroad—
4,091
9,209
6, 439
13, 942
17, 792
Immigrants
number..
3,470
3, 147
3,577
19, 844
22, 381
40, 702
80, 900
28, 535
United States citizens
number
27, 508
34, 861
28, 231
Departures abroad—
5, 352
5, 100
Emigrants
number
4, 397
4, 951
4,720
5,450
4, 693
5, 647
56, 526
24, 885
32, 988
24, 420
United States citizens _ ..number
32, 278
33, 172
21,140
24,418
National parks —
48, 874
43, 361
67, 089 1S3, 583
37, 246
Visitors
number
9,211
43. 939
7,937
15, 596
Automobiles entered
.number.
6,010
S, 772
7, 145
7, 834
6,565
7,496
Passports issued
number. . 28, 513
7,255
14, 328
21, 466
Pullman Company operations:
6.072
6, 476
6,016
5,305
Revenue.
..
thous. of dolls..
4,894
5, 346
5,418
5, 238
2, 203
2,278
2, 517
2,031
Passengers carried
thousands. _
1,919
2,180
1, 986
1,966
Trend of business in hotels:
3.82
3.80
3.72
3.96
3.90
Average sale per occupied room.__dollars.3.84
3.50
3.73
3.63
64
69
66
65
Room occupancy
p. ct. of capacity-60
64
61
63
61
Shipbuilding:
Rate of activity (elec. energy
113.9
124.1
121.5
105.5
consumed) -. .
rel. to 1923-25-.
99.0
89.7
1 14. 8
92.5
98.3
Building or under contract, end of
month421
359
366
423
344
Merchant vessels thous of gross tons
397
409
412
Completed during month —
32,
083
29,413
51,
667
Total .__
gross tons
25,
971
53,
551
34, 527
17, 443
25, 622
13, 766
21,045
18, 391
16, 895
20, 125
Steel, seagoing
gross tons
39, 830
28, 613
9,703
4,985
13, 976
Pteam railways:
•
EquipmentFreight cars —
In bad order, end of monthQuantity
cars
170, 165 162, 966 162, 117 153,606 147, 650 147,334 155, 883 157, 727 157, 141
7. 1
6.6
7.1
6.7
7.0
Ratio to total cars... per cent..
7.4
7. 3
6.9
3,291
565
2, 691
IVew orders
cars
2, 862
24
2,768
2,166
Owned, end of month —
2,272
2,275
2,
254
Quantity
thous. of cars_.
2,258
2,271
2,244
2, 249
2, 251
2, 253
Capacity
mills, of Ibs.. 209, 645 209, 958 210, 102 210,235 210, 229 ; 210,426 211, 788 211,823 211,942
Shipments—
2,384
4, 235
607
1,182
Total
cars
845
648
1 082
762
633
4,176
1,139
2,307
Domestic. . . _ . cars .
735
436
646
1,082
657
533
Unfilled orders (railroads)—
fi Ksr>
6, 175
;
9,
780
5,
423
7,542
8,
799
3,716
7,484
8,637
4,127
2,445
Of manufacturers
cars 1 1 AOQ
3, 376
1, 125
2,681
2,176
1, 569
2,207
2, 048
In railroad shops
cars..
6,
404
2,978
2,
591
6,118
4, 886
5, 366
5, 915
6,430
Locomotives (Am. /?;/. Asac.) —
2
Exports, steam
number _.
5
2
3
2
3
5
In bad order, end of month —
Awaiting classified repairs
number. . 5,910
4,676
4,936
5,102
5, 522
5, 216
5, 734
5, 958
5,967
Ratio to total locomotives
8.9
8.6
per cent
9.5
9.2
10.0
10.9
10.4
10.8
10.9
147
127
92
Installed
._ _ -..nuniber.80
96
67
86
94
77
8
CO
25
2
New orders
mum ber
151
7
8
206
198
Retired
number .
182 ;
390
151
268
182
161
128
Owned, end of month —
56, 157
56, 236
Quantity
..number-- 55, 278
55, 985
55, 576 ! 55,678
55, 450 ! 55, 534
55, 366
2,541
2,541
Tractive power
mill?;, of lbs._
2,525 ! 2, 528
2,538
2,522 j 2, 525
2,518
2,520
Shipments, manufacturers (Census) —
50
65
49
Total
number. .
16
43
10
15
15
26
3
6
6
2
5
55 i
62
48
Steam, domestic
number
37
10
37
12
10
26"
Shipments, electric locomotives3 17
33
3 23
Industrial (quarterly)
number
3 55
Mining (quarterly)
number
376
•113
Unfilled orders (railroads) ,end of mo.—
102
143
64
90
59
Of manufacturers
number-31
57
60 i
57
37
38
33
In railroad shops
number. _
30
30 !
20 |
24
26 ;
29
Unfilled orders, manufacturers' (Census)—
132
174
91
104
93
Total .
_. number
58 i
80
95 !
103
1
31
33
18
12
25
Electric, domestic _ _ number. _
2 :
7
96
136
69
86
63
Steam, domestic
number..
47
81 !
85
78
Passenger cars—
In railroad hands, end of quarter
351,644
351,770
number..
._ 351,489
2 !"
62
New orders
cars
io"
I
Shipments73
67
50
33 1
37
24 !
8
38
Total
cars
30
73
50
67
24 |
33 1
37
8
Domestic
-_ _
cars..
38
30
Unfilled orders, end of quarter
j
3264
3465
number..
» 125
2

s Quarter ended in month indicated.
Revised.



2, 152

2,154

2,152

457

563

416

402

998

1, 106

1,015

1,002

2, 145

2, 402

2,147

2,262

1, 022
532
2
1,007

1,221
578
2
930

1,062
556
2
898

1,116
511
841

11,267
2, 288
985, 829

12, 367
2,390
850,918

12, 650
2, 111
755, 820

11,320
2,542
805. 262

8,480
3. 359
5, 121

8,067
3,371
4, 696

7, 509
2, 822
4,687

7, 525
3,112
4,412

14,816
69, 957

13, 323
38, 822

14, 944
32, 284

19,414
25, 487

5, 245
88, 372

4,818
55, 366

4, 320
40, 103

3, 720'
27, 593

549. 287
127, 153
10, 510

596, 699
143, 049
16, 084

293, 931
77, 153
32, 405

121,194
35, 819
43, 227

7, 128
2, 7C7

6, 485
2, 541

7,198
2,679

6, 171
2, 351

3.96
60

3.86
59

3.89
62

3.76
68

122.8

116.8

111.8

113.2

2

2, 265

489

465

487

488

75, 030
33, 302

45, C69
15, 974

29, 806
17, 395

45, 570
26, 248

153, 046
6.8
823

144, 987
6. 5
1, 306

140, 594
6.3
794

137, 386
6.2
1, 079

2,274
211,831

2,274
211, 550

2,272
211,221

2,270
210, 890

5,940
5, 934

5, 348
5, 348

5, 066
5, 059

6, 785
6, 785

10, 802

17, 230
14, 247
2, 983

22, 759
19, 161
3, 598

28, 696
25, 050
3,646

3i 079

4

9

4,585

4, 562

4,515

4, 450

8.2
161
34
216

8.2
118
2
156

8.1
165
193

8.0
177
18
226

56, 287
2, 540

56, 342
2 537

56, 380
2,535

56,410
2, 533

77
5
68

56

81

58

80

56

35 !

a 136

i

i
!

189
46

242
54

300
64

354
77

234
36
193

291
41
243

343
44
291

420
44
367

13

32

3 51, 777
13

72

41
41

66
66

72
69

35
35

3587

53

SURVEY OF CURRENT BUSINESS

July, 1931]

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

May

PUBLIC UTILITIES— Continued
Transportation— Continued
Steam railways— Continued.
Financial operations —
Net operating income. thous. of dolls. .
Operating revenuesCanada
thous. of dolls..
United StatesTotal
thous. of dolls..
Freight
.thous. of dolls..
Passengers
thous. of dolls..
Operating expenses thous. of dolls. .
Net operating revenue, Canada
thous. of dolls..
Freight cars—
Car-loadings—
Total
-thous. of cars..
3,736
Coal and coke
thous. of cars..
611
Forest products
thous. of cars..
165
Grain and grain products
thous. of cars..
180
Livestock
thous. of cars_.
106
Ore
thous. of cars _
80
Merchandise,!, c. Lthous. of cars..
1,097
Miscellaneous
.thous. of cars..
1,496
Car surplus (daily average, last week
of mo.)—
Total
cars . 615 924
Box
- ...cars.. 306 319
Coal
.cars.. 238 504
Operation results—
Freight carried 1 mileCanada
...mills, of tons__
United States, .mills, of tons..
Passengers carried 1 mile-millions..
Receints per ton-mile
cents..
FINANCE
Agricultural Finances
Loans outstanding, end of month:
Federal land banks
mills, of dolls..
Federal intermediate credit banks
mills, of dolls. .
Joint-stock land banks
. mills, of dolls. .

Revised.




Febru- January
ary

Decem- Novem- October Septem- August
ber
ber
ber

July

June

May

April

March

39, 074

45, 906

27, 264

33, 849

49, 372

62, 069

112, 251

104, 078

95, 604

82, 750

68, 883

30,613

26, 788

28, 141

33, 450

35, 474

42, 093

44, 340

38, 804

38, 071

38, 995

37, 845

376, 149
291, 289
47, 150
291, 582

336, 632
257, 521
46, 455
272, 116

365, 900
277 014
53, 349
294, 082

377, 933
280, 909
55, 443
297, 606

398, 786
311,042
48, 710
299, 301

483, 455
385, 684
52, 368
326, 286

467, 469
363, 473
59, 092
320, 131

466, 370
354, 713
67, 432
327, 204

457, 025
347, 293
65, 805
331, 562

444, 848
331, 647
67, 146
334, 638

463, 130
354, 326
60, 406
351, 780

3,112

121

424

5,910

7,579

11,408

11,435

5,619

5,702

5,486

369, 652
283 711
47, 272
290,618

69, 174

4,107
2

4, 593
740
265

2,986
486
130

2,940
555
138

2, 838
584
138

3,491
817
156

2,784
638
121

4,127
852
174

3,818
733
159

3,725
638
162

4,670
769
207

3,556
557
160

3,719
579
199

151
85
29
899
1,206

153
79
23
886
1,105

165
842
997

196
124
26
997
1,175

143
94
22
820
946

190
140
92
1,133
1,546

163
129
154
966
1,514

189
108
195
944
1,490

304
106
284
1,179
1,821

233
80
245
899
1,382

166
86
250
967
1,472

188
117
255
1,210
1,820

602 832
282 315
251 679

621 509
298 837
252 825

650 964
324, 938
253, 515

646 750
336 577
240 292

706 538
380* 603
251 358

580 498
304, 100
213, 752

402 637
23o' 705
126 935

394 032
202' 398
139 416

431,971
232, 896
141, 721

454 815
232 235
165, 499

465 464
246 622
163 396

441, 503
233, 664
148, 873

28, 710

2,104
29, 960
1,758
1,074

1 951
27, 079
1,747
1 049

2 016
2 239
30, 314
29, 026
1,915
2,015
1.015 1
1 052

2,633
32, 295.
1,828
1.050

3 096
39, 292
1 959
1 063

3 562
36, 220
2, 253
1 081

2,268
37,421
2,634
1.040

2, 131
35, 580
2, 567
1 071

2 538
34,419
2, 513
1 063

2, 213
36, 956
2, 197
1,071

1,184

1,185

1,187

1,187

1,187

1,187

1,188

1,189

1,190

1,191

1,192

1,193

1, 194

131
536

138

138

198

128

130

132

126

1^3

123

92
569

572

Banking
Bank debits:
Canada
.mills, of dolls_.
New York City
mills, of dolls. .~"25~072"
Outside New York City.__mills. of dolls. . 18, 858
Outside New York City_._rel. to 1923-25..
95 6
Brokers' loans, end of month:
By N. Y. F. R. member banks
mills, of dolls..
1, 539
Ratio to market value
percent _
3 37
Total
mills of dolls
1 435
Deposits, New York State savings banks,
end of mo . - . . . .. .mills, of dolls.. 5 083
Federal reserve banks:
Bills discounted
.
mills, of dolls .
174
Notes in circulation _ _ . ...mills, of dolls..
1 580
Reserve ratio
per cent-84.9
Reserve ratio
. rel. to 1923-25
110 7
Total deposits
mills, of dolls..
2 442
Total investments
mills, of dolls..
724
Total reserve
- .mills, of dolls
3 413
Federal reserve member banks:
Net demand deposits
mills, of dolls
13 605
Total investments
_ mills, of dolls
7,807
Total loans and discounts..mills. of dolls. . 14,730
Interest rates:
Call loans, renewal
percent
1.45
Federal land banks
.per cent..
5.63
Intermediate credit banks
per cent-4.00
New York Federal Reserve
Bank (dis.)
_.
percent
1.50
Prime bankers' acceptances
per cent..
2.00
Prime commercial paper
(4-6 months)
per cent-2.13
Prime commercial paper (4-6 months)
_
rel. to 1923-25
49.4
Time loans, 90 days
percent-1.75
Business Failures
Firms (United States):
Total commercial
number
2,248
552
Manufacturers
number. _
Trade establishments
number-1, 570
Agents and brokers
number. .
126
By groupsManufacturers—
Total ,
number
552
12
Chemicals
.number..
Foodstuffs
number. _
43
Leather
number. _
U
Liquors and tobacco
number-Lumber
number..
65
Printing and engraving. number..
27
Stone, clay, and glass number. _
9
Textiles
number
78
Metals
number
50
All other
number. .
250
2

1930

1931

88

2

96

540

544

548

550

553

567

560

563

565

111
567

2,786
26, 821
19, 620
99.5

2,570
27 589
19, 421
98.4

2,535
20 948
17, 084
86.6

2,668
24, 557
21, 697
110.0

3,012
29, 001
22, 113
117.2

2,974
22, 490
19, 700
99.9

3, 618
30 781
23, 693
120.1

2,967
27 383
21, 253
107.7

3,802
25, 052
20, 966
106.3

3,094
29 600
23, 171
117.5

3,398
37 690
24,648
124.9

1 730
3 40
1 651

1 875
3 58
1 909

1 798
3 22
1 840

1 734
3 30
1 720

1 926
3 86
1 894

2 111
4 06
2 162

2 512
4 65
2 556

3 063
5 79
3 481

3,110
5 31
3 559

3 228
5 49
3 689

3 219
5 83
3 728

4,022
6.33
4, 748

5 059

5 018

4 928

4 888

4 792

4 666

4 658

4 662

4 591

4 572

4 559

4,505

157

250

198

232

251

275

207

272

215

272
1 424
81.8
106 4
2 455
724
3 174

1,489
81.4
105. 9
2, 436
719
3, 195

2

3,427
37, 423
24, 388
123. 6

2

313

1 535
84.0
109 2
2 434
761
3 334

1 486
82.6
107 4
2 506
723
3 296

1 478
83.7
108 8
2 399
708
3 244

1 494
82.2
106 9
2 448
735
3 243

1 664
73.7
95 8
2 517
1,100
3 082

1 455
80.3
104 4
2 422
780
3 115

1 368
82.2
106 9
2 465
771
3 149

1 379
79.7
103 6
2 532
813
3 118

1 374
81.1
105 5
2 423
779
3 079

200
1 342
83.4
108 5
2 447
'714
3 160

13 664
7' 903
14, 993

13 748
7' 551
15, 382

13 614
7 igs
15,464

13 680
6 843
15, 753

13 999
6 693
16, 263

13 908
6 800
16, 516

13 830
6 731
16, 764

13 812
6 4^4
17, 013

13 629
Q 338
16, 830

13 798
6 291
16, 945

13 740
6 120
16, 960

13, 388
5,889
16, 837

1 52
5.63
4.00

1 55
5.63
4.00

1 50
5.63
4.00

1 57
5.63
4.00

2 23
5.63
4.00

2 00
5.63
4.00

2 00
5.63
4.00

2 19
5.63
4.06

2 21
5.63
4.13

2 20
5.' 61
4.17

2 62
5.58
4.55

3.12
5.58
4.83

1 50
1.50

2 00
1.50

2 00
1.44

2 00
1.56

2 00
1.88

2 *0
1.88

2 50
1.88

2 50
1.88

2 50
1.88

2 50
1.88

2 50
2.13

3. CO
2.50

2.38

2.50

2.63

2.88

2.88

2.88

3.00

3.00

3.00

3.25

3.50

3.75
87.0
3.50

2

55 2
2 00

58 0
2 13

61 0
1 88

66 8
2 13

66 8
2 25

68 8
2 13

69 6
2 50

69 6
2 63

69 6
2 63

75 4
2 75

81 2
2 88

2 386
515
1,710
158

2 604
'582
1,843
179

2 563
583
1,831
149

3 316
611
2,541
164

2 525
537
1,834
154

2 031
448
1,447
136

2 124
499
1,474
151

1 963
434
1,395
134

1 913
566
1,234
113

2 028
'425
1,481
122

2 026
507
1,393
126

515

582

583

^37

448

499
7
35
15
14
54
20
12
97

566

9
35
14
8
65
16

425
11
37

501

5
27
8
10
71
18
14
71

434

en 7

13
37
14
9
72
15
4
96

611

5
37
23
9
61

9
45
8
6
85
22
7
nc

5
29
14
4
94
21
13
57

28
222

43
221

9
38
12
6
75
10
5
78

55
227

2
7
79

52
282

54
269

10
32
17
6
76
21
11
124

44
270

9
34
14
6
77
15
12
85

34
251

34
190

34
211

53

30
197

14
29
21
11
98
19
7
55

33
279

'?

81
20
9
51

45
160

2

2,179
501
1, 530
148

54

SURVEY OF CURRENT BUSINESS

[July, 1931

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

1931
May

April

March

1930
Febru- January
ary

Decem- NovemOctober SeptemAugust
ber
ber
ber

July

June

May

FINANCE -Continued
Business Failures— Continued
Firms (United States)— Continued.
By groups— Continued.
TradersTotal
number
Books and paper
number-Chemicals and paints. .. number. _
Clothing
number .
Foods and tobacco __ __number _
General stores
number..
Household ikirniture
number-All other
number..
Firms (Canada)
number-Liabilities (United States):
Total commercial .
thous. of dolls. .
Total commercial
rel. to 1923-25
Manufacturers
thous. of dolls Trade establishments
thous. of dolls. _
Agents and brokers
thous. of dolls..
Liabilities (Canada)
-- - -thous. of dolls. .

1,570
19
108
905
401
88
357
302
196

1, 710
18
98
351
451
109
297
386
204

1,843
28
107
400
411
152
358
357
213

1,831
19
93
381
438
131
407
362
253

53,371
125.9
18,506
25, 069
9,796
2,775

50, 868
120. 0
18, 719
26, 386
5, 763
3,638

60, 387
142.4
21, 072
30, 348
5,967
3,752

59, 608
140.6
25, 304
30, 852
3,452
3,014

94, 608
223. 1
47, 633
43,071
3,904
4,215

1,121

2, 541 j
15
117
633
476 i
220
571
509 '
296

!

1,834
15
114
444
461
138
290
372
295

1,447
11
111
261
393
104
245
322
237

1, 474
18
94
250
398
108
253
353
214

1,395
12
98
257
341
93
247
347
175

1,234
11
78
270
329
67
201
275
167

1,481
21
73
268
403
83
235
398
183

1,393
13
93
264
365
73
259
326
156

1,530
18
73
300
395
69
286
389
2179

83, 683
197.4
19, 948
28, 853
35, 382
6,994

55, 261
130.3
19, 438
21,217
14, 606
2,958

56, 297
132.8
17, 989
22, 096
16, 212
2,532

46, 947
110.7
16, 448
19, 311
11, 188
2,664

49, 181
116.0
24, 735
17, 829
8,617
2,939

39, 826
93.9
13, 369
21, 572
4,887
2,997

63, 131
148.9
26, 273
22, 825
14, 033
2,707

55, 541
131.0
23, 133
21, 285
11, 123
2 2, 624

2601

Dividend and Interest Payments
Grand total
mills, of dolls. _
Dividend payments:
Total
- -mills, of dolls. .
Industrial and miscellaneous
mills, of dolls .
Steam railroads
mills, of dolls.
Street railways
mills, of dolls
Interest payments
- .mills, of doHs -

560

749

594

521

292

314

311

285

521

213
33
8
268

236
38
9
435

236
46

217
45
9
239

386
56
16
601

284

:

713

579

763

524

424

916

721

281

277

320

228

197

373

329

2339

221
39
14
429

212

250
44
11
443

184
30
7
296

153
37
7
227

278
54
13
543

235
40

2 249
237

392

262

8

302

39

Net Corporation Profits
Grand total, 10 groups
mills, of dollsTotal public utilities
mills, of dolls- j .
Industrial and miscellaneous—
|
Total
mills, of dolls. -i
Automobiles, parts and accessories
|
_ .mills, of dolls -i
Machinery
mills, of dolls..!
Metals and mining
__ mills, of dolls.- 1
Oil
mills, of dolls—
Miscellaneous
mills, of dollsSteel and railroad equipment
mills, of dolls- 1
Class I railroads.
mills, of dolls. _|
Telephone
mills, of dollsOther large public utilities
mills, of dolls-

3683
3341

3
775
3288

3805
3329

2126

3 116

3204

3276

331
331

3 16

329
337

72
40
10

3

34

30
39
34

347

343

36

38

35

38

324
366

22
71

3226
368
3
273

335
3283
365
«223

353
8200
370
3259

3 574. 905
3 6, 383

3560, 424
3 6, 184

3540,
826
3
5 866

3507, 774
3 5, 555

3 235, 306
s 3, 272

3233,
414
3
3 190

3212,311
3 3, 096

3207, 869
3 3, 087

3147,440
3
2 451
3 15. 68

3143,221
3
2 345
3
16. 20

3132,479
3 3 026
3
18 60

3131,357
3
2, 106
3 18. 57

8
*107
369

3 16

Stockholders
American Telephone & Telegraph Co.:
Domestic
number-Foreign
number..]
Pennsylvania R. R. Co.:
Domestic
number-Foreign
-- .
..number.U. S. Steel Corporation (common stock):
Domestic
number-Foreign
numberShares held by brokers
p. ct. of total-

.

Foreign Exchange Rates
America:
Argentina
Brazil
Canada
Chile
Asia:
Japan
India
Europe:
Belgium
England
France
Italy
Netherlands
Sweden
Switzerland

dolls, per gold peso—
dolls, per milreis—
dolls, per Canadian doll—
dolls, per paper peso. .
dolls, per yen-dolls, per rupee.dolls, per franc..
dolls, per Ib. sterling- .
dolls, per franc..
dolls, per liradolls, per guilder. _
dolls, per krone-dolls, per franc .

.707
.067
.999
.121

.765
.073
1. 000
.121

.780
.079
1.000
.121

.719
.086
1.000
.121

.697
.091
.998
.121

.494
.361

.494
.361

.494
.361

.494
.359

.139
4.86
.039
.052
.402
.268
.193

.139
4.86
.039
.052
.401
.268
.193

.139
4.86
.039
.052
.401
.268
.192

.139
4.86
.039
.052
.401
.268
.193

15, 662

15, 573

15, 474

6,332
1,544
4,788

6,330
1,547
4,783

6,323
1,555
4,768

1, 134
1,605
2,660
495
5,894

1,120
1,578
2,651
487
5,836

2, 300

2,273

.756
.096
.999
.121

.781

.781

1.001
.121

1.001
.121

.818
.101
1.001
.121

.825
.100
1.001
.121

.821
.109
1.001
.121

.845
.114
1.000
.121

.872
.118
.998
.121

.494
.359

.496
.359

.496
.360

.496
.360

.494
.360

.494
.360

.494
.361

.494
.360

.494
.361

.139

.140
4.86
.039
.052
.403
.268
.194

.139
4.86
.039
.052
.402
.268
.194

.139
4.86
.039
.052
.403
.269
.194

.140
4.86
.039
.052
.403
.269
.194

.140
4.87
.039
.052
.403
.269
.194

.140
4.87
.039
.052
.402
.269
.194

.140
4.86
.039
.052
.402
.269
.194

.140
4.86
.039
.052
.402
.268
.194

15, 392

15, 293

15, 217

15, 120

15, 024

14, 926

14, 837

14, 736

14,648

6,312
1,555
4,757

6, 303
1,554
4,749

6,270
1,561
4,709

6,244
1,562
4,682

6,223
1,563
4,660

6,213
1,571
4,642

6,200
1,572
4,628

6,171
1,573
4,598

6,160
1,575
4,585

1,108
1,572
2,648
485
5,813

1,106
1,545
2,633
478
5,762

1,104
1,531
2,637
475
5,747

1,101
1,526
2,640
469
5,736

1,095
1,521
2,638
465
5,719

1,089
1,488
2,622
449
5,648

1,085
1,473
2,621
437
5,616

1,079
1,450
2,617
436
5,582

1,073
1,441
2,600
417
5,531

1,064
1,414
2, 594
398
5,470

2,241

2,212

2,169

2,127

2,098

2,062

2,041

2,018

1,992

1,965

\
j
i
'

4.85 ;

.039 !
.052 i
.402 i
.268
.194

Life Insurance
(Association of Life Insurance Presidents)
Admitted life insurance assets (10 cos.):
Grand total. ._
_
mills, of dolls..
Mortgage loansTotal...
.mills, of dollsFarm
mills, of dolls _
All other
.mills, of dolls —
Bonds and stocks (book value) :
Government
_
mills, of dolls..
Public utility
mills, of dolls _
Railroad
_.
mills, of dolls..
All other
mills, of dolls..
Total
.mills, of dolls..
Policy loans and premium notes
mills of dolls
2 Revised.



3

Quarter e nded in Daonth ind icated.

SURVEY OF CURRENT BUSINESS

July, 1931]

55

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

1930

1931
April

March

Febru- January
ary

Deeem- No^n-j October Septem- August
ber

July

June

May

!

Life Insurance— Continued
Amount of new insurance (44 cos.):
Group
mills, of dolls
72
Industrial
mills, of dolls _
236
Ordinary
mills of dolls
6,73
Total insurance
mills, of dolls..
981
Policies and certificates, new (44 cos.):
Group
thous. of certificates. _
35
Industrial
thous. of policies-845
Ordinary
thous. of policies-289
Total policies and certificates, .thousands. . 1, 169
Premium collections (44 cos.):
Annuities
thous. of dolls.. 25, 175
Group
thous. of dolls
8,037
Industrial
thous. of dolls. . 59, 884
Ordinary
thous. of dolls.. 175, 562
Total
thous. of dolls . 268, 658
Sales of ordinary life insurance (Life Insurance
Sales Research Bureau):
Canada, total, 15 cos
thous. of dolls.. 41,314
United States, total
thous. of dolls.. 724, 206
Eastern manufacturing district
thous of dolls
313, 038
Far western district___thous. of dolls. _ 68, 663
Southern district
thous. of dolls.. 81, 95S
Western agricultural district
thous. of dolls. . 98, 861
Western manufacturing district
thous. of dolls.. 161, 689
Gold and Silver
Gold:
Domestic receipts at mint fine ouncesExports
thous. of dolls
Imports
thous. of dolls..
Monetary stocks of U. S., daily
average
mills, of dolls..
Rand output
fine
ounces..
Silver:
Exports
thous. of dolls..
Imports
thous of dolls
Price at New York
dolls, per fine oz__
Production —
United States
__ thous. offineoz .
Canada
thous of fine oz
Mexico
thous. of fine oz
Stocks, end of monthUnited States
thous. of fine oz
Canada
_ _ .thous. of fine oz

99
235
691
1,025

62
247
720
1,028

104
209
599
912

78
214
596
888

131
229
753
1,112

59
208
593
861

52
244
620
915

138
210
545
894

73
234
622
929

130
248
715
1,092

107
312
726
1,144

91
230
776
1,098

59
865
301
1,225

28
881
321
1,230

731
247 .
1,039

eo

44 !
750
231
1,026

59
794
319
1,172

28
741
253
1,022

35
847
261
1,143

46
722
229
996

39
805
245
1,088

74
896
270
1,241

52
1,163
267
1,482

46
848
924
1,188

12, 682
8,398
53, 854
183, 992
258, 926

11,919
8,790
,62,920
i86, 452
^70, 081

12, 430
8,748
56, 388
166, 759
244, 325

19, 615
10, 741
9,591
10, 108
62, 659 112, 666
170, 497 191,871
254,005 ; 333, 743

7, 094
7,269
58, 108
154, 473
226, 944

6,917
7,944
55, 851
165, 954
236, 666

5,016
7,220
59, 859
147, 907
220, 002

5,797
6, 508
58, 961
150, 754
222, 020

7,047
8,480
54, 602
170,847
240, 976

5,359
7,615
59, 522
166, 190
238, 686

58, 459
175, 397
247, 945

45, 648
754, 002

46, 945
770, 440

40, 180
647, 140

41,188
628,607

49, 874
795, 642

46, 868
653, 131

46, 019
685, 755

39, 643
603, 102

37, 061
685, 864

49, 829
779, 184

55, 355
822, 437

50, 085
860, 068

327, 077
70, 943
82, 930

343, 745
73, 579
77, 628

289, 757
60, 094
64, 009

280, 066 324, 635
61,589 ! 86, 291
65,329
91, 922

279, 651
65.011
72, 189

285, 594
71, 961
77, 196

238, 909
68, 520
69, 724

275. 228
77, 450
80, 858

319, 321
82, 955
89, 284

330, 948
87, 114
94, 384

350, 430
88, 667
99, 406

102, 396

101, 945

86, 439

82, 754

117,117

90, 178

97, 300

89, 779

99, 276

114, 929

121, 170

130, 005

170, 656

173, 543

146, 841

138, 869

175, 677

146, 102

153, 704

136, 170

153, 052

172, 695

188, 82]

191, SCO

95, 133
628
50, 238

93, 612
27
49, 543

85, 091
26
25, 671

87, 717
14
16, 156

94, 476
54
34, 426

109, 907
36
32, 778

113,430
5,008
40, 159

152, 648
9,266
35, 635

125, 871
] 1,133
13, 680

112, 395
39, 332
19, 714

115,119
41,529
21, 889

90, 764
26
13, 938

76, 786
82
23, 552

4,767

4,711
882, 000

4,682
910, 998

4,656
839, 937

4,622
914, 576

4,583
908,492

4,553
884, 735

4,520
926, 561

4,503
903, 176

4,496
921, 081

4,532
912, 652

4,528
887, 867

4, 505
916, 213

2, 099
2,636
.277

3,249
2,439
.283

2,323
1,821
.292

1,638
1,877
.268

3,571
2,896
.294

3,472
2,660
.326

4,102
2,652
.359

4,424
2,270
.358

3,903
3,461
.363

4,544
3,492
.352

3,709
3,953
.343

3,336
2,707
.346

4, 988
3, 486
.307

2,532
1,836

2
2, 831
2 1, 139
9,567

2 3, 528
1, 431
6,511

3,187
1,772
6,944

3,480
1,932
8,751

3,713
2,043
8,481

3,738
1,412
8,712

3,816
2,291
8,889

3,780
3,486
9,154

3,835
2,685
7,755

3,551
2,100
7,905

3,969
1,485
10, 276

4,293

2,714
796

1,851
702

2960
179

956
216

649
217

813
341

677
410

459
312

737
441

348
844

1.485
1J423

713
1,509

2

2

2792 !
694 1

6, 086

8,003

1, 585

9,080

Public Finance
Customs receipts
thous.
Expenditures chargeable to ordinary
receipts
thous.
Government debt, gross, end of
month
mills,
Total ordinary receipts
thous.
United States money in circulation
mills,

of dolls..

27, 463

81, 798

31, 807

28, 107

28, 808

30, 764

36, 365

39, 319

36, 655

32, 083

26, 200

72, 170

51, 722

of dolls.. 285, 892

432, 366

720, 236

191, 425

413, 796

364, 540

244, 651

375, 244

308, 221

224, 117

284, 310

416, 799

230, 997

of dolls.. 16, 527
of dolls.. 124, 405

16, 655
148, 208

16, 583
433, 301

16, 231
118, 614

16, 163
125, 605

16, 026
717, 092

16, 185
120, 362

16, 180
147, 813

16, 081
602, 811

16, 188
127, 388

16, 176
138, 741

16, 185
803, 495

16, 399
173, 243

4,679

4,647

4,590

4,598

4,695

4,823

4,528

4,501

4,492

4,476

4,483

4,489

4,497

80.48
97. 68
66.70
80.91
82.54

80.86
96.11
68.15
80.06
84.03

82.29
96.31
70.83
79.59
86.58

82.06
96.41
70.72
79.00
86.39

81.98
96.59
70.98
78.14
86.54

78.96
92.89
68.61
75.54
82.78

81.10
94.63
70.53
77.32
85.85

82.49
95.85
71.63
78.92
87.49

84.26
95.83
76.13
79.49
88.32

82.93
94.25
76.33
76.82
86.94

81.43
92.83
75.43
74.99
85.09

81.10
91.36
75.60
74.78
84.91

81.20
90. 42

84.49

99.89
81.01
106. 84

100. 12
85.30
105. 77

100. 15
88.03
105. 37

100. 27
86.67
104. 85

99.57
84.56
104. 23

99.54
81.53
105. 53

99.68
84.05
106. 41

100. 08
86.08
106. 06

100. 96
88.25
105. 84

100.41
90.99
105. 23

99.81
91.12
105. 44

99.10
90.62
105. 28

92.01
104. 92

5.10
3. 38
3.80
3.85
4.33

4.98
3.39
3.89
3.90
4.27

5.01
3.40
3.95
4.03
4.27

4.99
3.33
3.92
4.05
4.25

5.12
3.34
4.05
4.12
4.41

4.97
3.32
4.00
4.06
4.32

4.89
3.34
3.94
3.99
4.25

4.85
3.37
3.97
3.97
4.25

4.87
3.38
3.97
4.01
4.29

4.92
3.37
4.05
4.08
4.36

4.92
3.37
4.10
4.14
4.41

4.92
3.41
4.11
4.18
4.45

.88
4.44
4.43

1.49
4.46
4.43

1.38
4.48
4.41

1.06
4.54
4.44

1.24
4.56
4.43

1.48
4.61
4.55

1.40
4.57
4.46

1.74
4.53
4.41

1.84
4.55
4.41

1.53
4.59
4.43

1.83
4.63
4.49

1.89
4.67
4.53

2.41
4.68
4.54

9,485
5.43

7, 235
5.68

2,015
5.66

3,590
5.36

4,520
5.81

29, 877
5.75

9,965
5.74

6,635
5.61

13, 890
5.89

1,938
5.46

16, 425
5.99

11,093
6.20

3,813
5.93

265"
8, 650

110

1,475

2,000

1,250
1,200

175

4,400

340
28, 972

9,300

3,050

600
2,300

675
250

10, 050
1,400
3,395

5,665
198
3,035

500
1,943

1,700
3,135

210
1,000
630

1,500
1.090

1,250
2,850

850
530
27. 945

1,595
5.120

2,000
1,210
1. 975

10, 500
1, 475
165

300
1.388

480
10, 725
2. 590

1,110
6,648

of dolls. .

Stocks and Bonds
BONDS
Bond prices:
Combined price
index
p. ct of par, 4% bond
Highest-grade rails.p. ct. of par, 4% bond..
Industrial
p. ct. of par, 4% bond..
Public utility
p. ct. of par, 4% bond-Second-grade rails.p. ct. of par, 4% bond-Bond prices, 1st of following month:
50 domestic bonds
p. ct. of par..
40 representative issues
p. ct. of par..
5 Liberty bonds
p. ct. of par..
Bond yields:
Industrial (15)
per cent..
Liberty and Treasury bonds
per cent..
Municipal (15)
per cent..
Municipal bond yield (20)
per cent..
Railroads (15) _ _
_
per cent
U. S. Treasury notes and certificates,
3-6 mos.__
per cent..
Utilities (15) _ _
..per cent..
Total, 60 high grade
per cent
Long-term real-estate bonds issued :
Grand total
thous of dolls
Interest rates
..per cent..
Kind of structure—
Apartments
thous. of dolls..
Hotels
thous. of dolls..
Office and commercial. thous. of dolls..
Purpose of issueAcquisitions and improvements
thous. of dolls..
Finance construction thous of dolls
Real-estate mortgage—thous. of dolls. _
2

Revised




5.24
3.32
3.75
3.74
4.27

265
9,220

2

250

1.555

76.35
75. 36

99.23

100
88
'} 025

56

SURVEY OF CURRENT BUSINESS

[July, 1931

MONTHLY BUSINESS STATISTICS—Continued
1931

Earlier data forjitem.8 shown here may \
be found in the 1931 Annual Supplement to the Survey

May

1930

Febru- January
ary

Decem- Novem- October j Septem- August
ber
ber
i

April

March

215.74
172.4
74 97
107.2
36.38

237. 52
189.8
84 55
120.9
40.49

235. 29
188.0
92 03
131.6
44.00

214. 18
171.1
90 38
129.2
40.69

212. 34
169. 6
82 00
117.2
38.09

227. 60
181.8
90 23
129.0
42.12
62 04

240. 49
191.1
97 30
139. 1
43. 44
63 54

109.2
87 3
169 8

121 6
97 2
188 9

119.8
104 7
177 9

112.3
100 4
163 4

109.4
93 5
157 9

116.7
102 1
167 4

127 6
110 9
187 0

100 3
150. 5
227 6
117.4

111 8
178.6
268 2
128.6

110 3
174.0
237 3
120.4

103 4
161. 7
202 5
106. 2

101.9
169. 7
177 0
100. 3

108 5
195.8
214 9
101.2

50 0
86 2
79 4
127.1

57 5
89 9
95 7
136. 9

54 4
86 4
90 8
133.2

50 6
78 4 |
82 1
127.2

54 9
78 i
79 9
123. 0

109.4

125. 1

125. 8

120.4

74.1
67 5
52. 6
86 1
52 2

84.5
78 2
51.5
102 9
58 2

90. 7
77.4
52. 2
101 2
55.3

61 3

76 1

144 3

July

June

May

FINANCE— Continued
Stocks and Bonds— Continued
STOCKS
Stock prices, average daily closing:
25 industrials, average
dolls, per share_. 193. 75
25 industrials, average
rel. to 1923-25_.
154.8
25 railroads, average __ dolls, per share
65 89
25 railroads, average
rel. to 1923-25..
94.2
103 stocks, average
dolls, per share-31. 39
Southern cotton mills
dolls, per share.
Stock prices, average weekly closing:
All industrials (404)
rel. to 1926
98 0
All railroads (33)
rel to 192C
76 8
All utilities (34)
rel to 1926
156 4
Industrials, rails and utilities
(337)
_rel. to 192G
89 4
Agricultural implements ( 4 ) _ _ rel. to 1926. . 140.3
Airplanes (10)
rel to 1926
202 3
Automobiles and trucks (13) . _rel. to 1926.. 110.0
Automobile tires and rubber
goods (7)
rel. to 1926
46 4
Chain stores (17)
rel to 1926
88 8
Copper and brass (9)
rel to 1926
66 7
Food, other than meat (20). ..rel. to 192G..
117.7
Machinerv and machine equipment (10)
rel. to 1926_88.7
Oil producing and refining
(16)
...
rel. to 1926 .
63.2
Railroad equipment (9)
- rel. to 1926
57 1
Rayon (5)
rel. to 192G_.
48.6
Steel and iron (9)
rel to 1926
72 1
47 4
Textiles (30)
. rel. to 1926
Theaters, motion pictures and
amusements (7)
rel. to 1926
44 3
Tobacco and tobacco products
(10)
rel to 1926
137 3
Traction, motor transportation
(9)
CO. 8
Stock sales, N. Y. Stock Exchange
thous. of shares
46 661
Stock yields:
Preferred high-grade industrial
(20)
per cent
5 71
Total common (90)
per cent
5 95
Industrials (50)
..per cent6 23
Public utilities (20)
per cent-4.42
Railroads (20)
per cent
7 91

282.92
226.0
110 16
157. 5
47.40
65 70

282. 81
225. 9
110 38
157.8
55. 92
68 96

282. 64
225.8
113 69
162. 6
56. 98
71 92

284. 36
227.2
113 84
176.7
54. 84
74 91

327. 04
261. 3
123. 59
187.6
64. 73
77.76

148 8
122 6
16 4

147 6
121 2
212 7

149 3
124 2
215 4

152 8
124 5
223 5

170.5
136. 0
250.0

117 8
211.7
269 6
108.0

139 3
265. 3
391 1
132.5

138 7
268. 5
400 9
134.1

139 8
285. 5
405 7
132.2

143 1
311. 1
418 1
134.0

160.1
374.8
530.3
151. 7

56 0
81 7
90 8
126.4

52 5
88 1
92 6
133.5

65 5
95 6
114 4
149. 8

72 0
90 1
121 3
147.2

76 8
88 7
129 1
149.4

84 0
89 5
134 6
148. 7

99.4
96.5
151. 0
159.5

9

116.9

120.3

134. 4

154. 1

152. 3

154.5

152.1

169.8

89.1 i
74 1
53.8
89 8 i
52.5

87.8
72.9
58. 2
91 6
51.0

96.9
76.8
67.9
99 5
54.9

106.4
82 0
64.6
115 4
58 2

125.4
95 6
71.4
138 1
67.2

129.7
93 4
65. 8
138 4
66. 0

132.9
94 3
72.0
140 6
67 1

133. 1
98 8
73.7
146 4
68. 5

147.9
109.7
80.9
163. 3
76.7

80 2

69.4

66. 7

77.7

87 8

112 4

106. 1

111 9

119.4

143 8

137 4

131 5

125 6

129 2

136 8

152 6

149 2

146 6

145 2

61.9

67. 1

66.3

63. 1

63.3

67.9

72.3

74.6

72.7

74.1

54, 335

65, 494

64, 145

52, 543

58,764

51, 946

65, 497

53, 545

39, 870

47, 746

76, 593

5 59
2
5 43
2 5. 69
4.04
7. 12

5 54
4 95
5. 17
3.60
6 75

5 61
5. 12
5.35
3.89
6.29

5 66
5. 50
5.73
4.26
6.56

5.77
5.62
5.79
4.37
7.05

5 62
5.43
5. 69
4. 10
6.46

5 52
5 05
5.39
3.64
5.98

5.48
4.33
4.60
3.04
5.45

5 53
4.42
4.69
3.12
5.50

5 56
4.44
4.77
3 04
5 41

5 52
4 50
4.91
2.92
5.43

11, 748

2,700

34, 166

4,345

35, 875

3,475

13,900

45, 170
3,236

20, 000
2,526

111,552
12,547

20, 150
8,485

7,150
2,365

1,000
12 930

7,300
4,056

46, 993
27, 522

!

144. 5
158.9

75.3 |
I

82.1
78, 040

5.48
4.02
4.42
2.50
5.03

New Security Issues
Bond sales (Canada):
Corporation
thous. of dolls
Government and provincial
thous. of dolls
Municipal
thous of dolls
Bond sales (U. S.):
CorporationTotal
thous. of dolls
Class of industryIndustrial
thous. of dolls..
Land and buildings
thous. of dolls. .
Oil
thous. of dolls
Public utilities
thous. of dolls..
Railroads
thous of dolls
Shipping and miscellaneous
thous. of dolls
Purpose of issue —
New capital
_
thous. of dolls. _
Refunding
thous. of dolls
Type of securityBonds and notes
thous. of dolls. .
Stocks
thous. of dolls _
Bond sales on N. Y. Stock Exchange:
Miscellaneous
thous. of dolls..
Liberty— Treasury
thous. of dolls..
Total
thous. of dolls
Foreign governments
thous. of dolls. .
Foreign loans in the United
States
thous. of dolls
States and municipalities:
Permanent loans .
thous. of dolls. Temporary loans
thous. of dolls

!

12, 690

250 590

156, 678

401, 229

88,226

580,706

187, 644

141, 855

213, 795

346, 887

189, 866

428, 762

512,678

927, 376

4,850

96, 932

82, 400

2, 925

69,173

21,889

10, 562

44, 605

10, 273

84, 714

45, 920

55, 953

154, 845

10,415
2 000
210,025
22 500

7,577
4, 940
305, 661
6,000

3,765
2 053
101,393
200, 018

6,405

30, 002
8,021
1,500 ;
324,108 116,778
175,004
14, 250

15, 365
4, 250
89, 738
7,600

8,740
35, 750
104, 642
5,000

15,615

3,101

172, 243
76, 254

48, 071
41,516

22, 070
625
234, 465
62, 632

15,383
66,000 i
172,091 !i
178,467

7.599
23, 932
604, 486
60, 435

24,785

31,080

64, 266
12,000

800

35, 568

11,600

2, 630

4,725

14, 340

15, 058

72, 501

9,363

63, 050

169, 360
81 230

267, 471
189, 207

269, 030
132, 199

74, 251
13, 975

399, 848 180, 872
6,772
180,858 i

137, 622
4,233

151,148
62, 647

284, 570
62, 317

121,516
68, 350

402, 281
26, 481

445,363 i 864, 042
63, 334
67, 315

190, 065
60, 525

354, 969
101, 709

391,758
9,471

61, 460
26, 766

535, 404
45, 302

114, 135
73, 509

123,417
18, 438

183, 659
30, 136

285,112
61, 775

132, 193
57, 673

358, 332
70, 430

357, 723
154,955 i

493,736
433, 640

221,256
14, 431
235, 687

215, 661
12, 127
227, 788

238, 298
8, 723
247, 021

174, 535
19,911
194, 446

247, 308
16, 809
264, 117

250, 707
15, 055
265, 762

182, 906
6,640
189, 546
9,500

264, 357
7,773
272, 130

221, 327
9,631
230, 958
52, 900

167, 584
4,951
172, 535
2,680

183, 716
10,112
193, 828
42, 100

218, 500
11,789
230, 289
103, 250

220,131
7,064
227,195
79, 781

50, 000

46, 000

13,791

8,707

9.% 657

22, 377

5,662

103, 545

59, 650

19,680

73, 738

187,855 \

129, 751

167, 163 Mll,386 2 2279, 327 2119,589
C4, 994 250, 436
19, 358 2198,598

49, 977
69, 697

97, 703
76, 531

93, 982
80, 422

158, 380
81, 222

79, 578
76, 501

98, 514
26, 406

111,657
153, 068

153,699
69, 742

142,448
24, 614

19, 646

19, 684

20, 040

19, 836

19, 873

19, 848

19, 772

19,811

2,900

Tax-Exempt Securities
Total end of month
2

Revised.




mills of dolls

"

_ __

!

EXPLANATORY
The Survey of Current Business is designed to present
each month a picture of the business situation by setting
forth the principal facts regarding the various lines of
trade and industry. The figures are very largely those
already in existence. The chief function of the Survey
is to bring together those data which, if available at all*
are scattered in hundreds of different publications. A
portion of these data are collected by Government
departments, other figures are compiled by technical
journals, and still others are reported by trade associations. The Survey of Current Business computes
the indexes on total stocks, new orders, agricultural
marketings, crop marketings, and unfilled orders based
on available data.
SOURCES OF DATA
The sources and inclusiveness of the data appearing
in the table "Monthly Business Statistics" will be
found noted in the 1931 Annual Supplement to the
Survey of Current Business, and the sources of the
weekly data are given on page 4 of the February 5,
1931, issue of the Weekly Supplement to The Survey of
Current Business.
HISTORICAL DATA
Monthly data on all the various series carried in the
Monthly Survey will be found in the 1931 Annual
Supplement to the Survey, running back seven years
and in some cases eight years. Data previous to that
included in the 1931 Annual Supplement will be found
in the monthly Surveys prior to 1924.
RELATIVE AND INDEX NUMBERS
To facilitate comparison between different important
items and to chart series expressed in different units,
relative numbers (often called "index numbers," a
term referring more particularly to a special kind of
numbers described below) have been calculated. The
monthly average for 1923-1925 has usually been used
as a base equal to 100.
The relative numbers are computed by allowing the
monthly average for the base year to equal 100. If
the movement for the current month is greater than
the base, the relative number will be greater than 100,
and vice versa. The difference between 100 and the
relative number will give at once the per cent increase




or decrease compared with the base period. Thus, a
relative number of 115 means an increase of 15 per
cent over the base period, while a relative number of
80 means a decrease of 20 per cent from the base.
Relative numbers may also be used to calculate the
approximate percentage increase or decrease in a
movement from one period to the next. Thus, if a
relative number at one month is 120 and for a later
month is 144, there has been an increase of 20 per cent.
When two or more series of relative numbers are
combined by a system of weightings, the resulting
series is denominated an index number. The index
number, by combining many relative numbers, is
designed to show the trend of an entire group of industries, or for the country as a whole, instead of for the
single commodity or industry which the relative
number covers. Comparisons with the base year or
with other periods are made in the same manner as
in the case of relative numbers.
SEASONAL ADJUSTMENTS TO INDEXES
Seasonal variations are found in most series of economic statistics for which monthly values are obtainable. Consumption and production of commodities,
interest rates, bank clearings, railroad freight traffic,
and many other types of data are marked by seasonal
swings repeated with minor variations year after year.
These, in so far as they exist at all, are definitely
periodic in character, with a constant 12-month period.
In cases where an adjustment is noted for a series carried in the Survey, the index has been corrected for
number of working or business days in the various
months and then adjusted for seasonal variation.
The index figures thereby become comparable throughout the series.
METHODS OF USE
Methods of using and interpreting current business
statistics have been collected by the Department of
Commerce from many business concerns and are
described in a booklet entitled "How to Use Current
Business Statistics," together with methods of collecting statistics. This booklet may be obtained from the
Superintendent of Documents, Government Printing
Office, Washington, D. C., at 15 cents per copy;

In your survey of current business abroad

do you use Commerce Reports

COMMERCE REPORTS
is more than a foreign-trade periodical. It not only gives you reports and cables of
exports, imports, and reexports; it also gives you estimates for crop acreages and
yields, figures for the output of industries, and news of foreign shipping, railways
and communications, tariffs, public and private finance, legislation and movements
affecting various commodities and activities, and general economic conditions.
Editors, economists, bankers, and other students of business barometers constantly
use COMMERCE REPORTS to keep informed as regards developments that not
only indicate opportunities for foreign traders, or the lack of them, but also in a large
measure influence the financial and trading situation in the United States. In these
days, particularly, they use it—for now, probably more than at any other time in
history, the situation overseas is of the utmost importance to American business
men and investors.

The postman will bring you COMMERCE REPORTS




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United States Government Printing Office, Washington, D. C., or any district office of the
United States Department of Commerce

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