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JULY, 1932

SURVEY
OF

CURRENT BUSINESS

UNITED STATES
DEPARTMENT OF COMMERCE
BUREAU OF FOREIGN AND DOMESTIC COMMERCE




V O L U M E 12

NUMBER 7

CLEARING HOUSE OF BUSINESS STATISTICS
Major facts gathered from many sources and presented regularly in the Survey of Current
Business afford a complete digest of business movements, an essential background for evaluating current trends and formulating business policies. Over 200 organizations contribute
the basic statistics presented regularly in this publication.
GOVERNMENTAL

TRADE

TECHNICAL

PRIVATE

AGENCIES

ASSOCIATIONS

PUBLICATIONS

(ORGANIZATIONS

42

95.

32

39

OF
OVER

2iOO

DATA

ASSEMBLED

MONTHLY
18 PAGES OF CHARTS
AND ANALYTICAL COMMENT
TOGETHER WITH 37 PAGES
OF STATISTICAL DATA.




OF CURRENT STATISTICAL
UNDER ONE COVER

WEEKLY
A 4 PAGE SUPPLEMENT
OF WEEKLY STATISTICS
AND CHARTS, AND ADVANCE
MONTHLY STATISTICS.
A PRESS RELEASE REVIEWING BUSINESS DEVELOPMENTS.

ANNUALLY
A 3O6 PAGE SUPPLEMENT
GIVING THE SAME SERIES
AS THE MONTHLY NUMBERS
BACK TO 1913,WHERE AVAILABLE, WITH EXPLANATORY
FOOTNOTES.

EXECUTIVES

STATISTICIANS

BANKERS

PURCHASING AGENTS

ECO NO MISTS

SALES

PUBLICISTS

TRAFFIC MANAGERS

STUDENTS

ADVERTISING AGENTS

MANAGERS

J U L Y , 1932

V o l u m e 12

Number 7

W E E K L Y D A T A T H R O U G H J U N E 25, 1932
MONTHLY DATA THROUGH MAY

SURVEY OF
CURRENT BUSINESS
PUBLISHED

BY

UNITED STATES DEPARTMENT OF COMMERCE
BUREAU OF FOREIGN AND DOMESTIC

COMMERCE

WASHINGTON

CONTENTS
SUMMARIES AND CHARTS
Business indicators
Business situation summarized
Comparison of principal data, 1928 to 1932
Commodity prices
Domestic trade
Employment

Page
2
3
4
5
6
7

Finance:
Credit and banking
Security and money markets
Foreign trade
Real estate and construction
Transportation

8
9
10
11
12

Survey of individual industries:
Automobiles and rubber
Chemicals
Farm and food products
Forest products
Iron and steel
Textiles
Miscellaneous industries

13
14
15
16
17
18
19

STATISTICAL DATA
Weekly business indicators, 1931-1932
Weekly business statistics

20
21

STATISTICAL DATA—Continued
Page
Monthly business statistics:
Business indexes
22
Commodity prices
23
Construction and real estate
24
Domestic trade
25
Employment conditions and wages
27
Finance
30
Foreign trade
34
Transportation and communications
34
Statistics on individual industries:
Chemicals and allied products
36
Electric power and gas
38
Foodstuffs and tobacco
39
Fuels and by-products
42
Leather and products
43
Lumber and manufactures
44
Metals and manufactures:
Iron and steel
45
Machinery and apparatus
48
Nonferrous metals and products
48
Paper and printing
50
Rubber and products
51
Stone, clay, and glass products
52
Textile products
52
Transportation equipment
54
Canadian statistics
55
Index
Inside back cover

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126591—32




1

SURVEY OF CURRENT BUSINESS

Business Indicators
1923-1925 = 100

160

INDUSTRIAL PRODUCTION

INDUSTRIAL PRODUCTION
I
f MANUFACTURES (ADJUSTED) (
^^ ' ^MINERALS (ADJUSTED) °

160

100
4Q I ! I H 1 1

40
160

FACTORY EMPLOYMENT

FACTORY PAYROLLS

{ 60

fUNA DJUSTED
^T^W\J-

1

40

160

TOTAL FREIGHT CAR LOADINGS

s~^-\
II 1 1 1 1 ! 1! I 1

2^r

""•s.
i i m lI t i l l !

FREIGHT CAR LOADINGS L.C.L.

160

SUNADJLISTED
\(ADJUSTED °

100

100 *

40

200

DEPARTMENT STORE SALES

WHOLESALE PRICES

VALUE OF EXPORTS

VALUE OF IMPORTS

100

sUNAD JUSTED

100 ^S_AA-

1 1 ! 1 1 1 1 1 ! 1 1

BANK DEBITS OUTSIDE NEW YORK CITY

200]

200

""^
i
i M 1 1 i i ii 1 1 1 1 n il i n 1 1 1 1 1 II 1 ! 1 1 1 1

—

BUILDING CONTRACTS AWARDED

- UNADJUSTED

100

1928

1929

1930

ADJUSTED FOR SEASONAL




1931

I'AR/ATION

1932

1928

1929

1930

!

193!

1932

SURVEY OF CURRENT BUSINESS

July, 1932

Business Situation Summarized
activity again receded in
M ANUFACTURING
May, but at a less rapid rate than in the two preceding months, and increases occurred in the output of
automobiles, cement, food products, lumber, and
tobacco manufactures. Total industrial production,
without allowance for seasonal influences, declined 3.2
per cent, as a result of a drop of 14 per cent in mineral
output and of 1.6 per cent in manufacturing production. The decline in the output of coal was the
major factor in the fall of the minerals index, although
losses also occurred in the output of petroleum, zinc,
and silver. Industrial production normally increases
slightly from April to May, so that the drop in the
adjusted production index was somewhat greater than
the loss in actual output. During the first three
weeks of June no improvement has occurred, and there
has been some further recession in several important
industries. Automobile production has continued upward during the current month.
Distribution indexes also show some further shrinkage in consumer purchasing in May and the first half
of June. The rail movement of merchandise has
undergone a further reduction, and loadings of lessthan-car-lot merchandise declined after holding steady
for the first four months of the year. Retail sales
declined during May, with department store sales following the trend, whereas in the preceding month they
made a relatively better showing. Returns for May
afford no indication of a change in the trend of our

foreign trade. Exports dropped by more than the
usual seasonal amount, while imports were sharply lower.
Continued recession in business activity is reflected
in a further loss in employment and pay rolls during
May. After allowing for seasonal influences, factory
employment dropped 3 per cent, and the unadjusted
index of pay rolls was off 5 per cent. The trend in
nonmanufacturing industries was also downward, although earnings in the quarrying and nonmetallic
mining, cleaning and dyeing, crude petroleum, power,
light and water, and wholesale trade groups increased.
Construction activity expanded in May and the
daily average volume of contracts awarded was 24 per
cent above the preceding month. The increase was
the result of a gain in public works and utility construction, as the daily average of residential contracts declined to a new low level at a rate of only about
$1,000,000. Daily average contracts awarded during
the first three weeks of the current month dropped
considerably below the May level.
Security prices receded further in May, but during
the current month the decline has slackened and the
turnover in recent sessions has been very light. The
gold outflow, which was extremely rapid during May,
slowed appreciably in June, and during the third week
of the month we had a net gain of gold on balance.
Reserve banks have made continued heavy purchases
of Government securities, but this action has not yet
been reflected in an expansion of member bank loans.

5
3
v

Year and month

y
a
<8
~

!
H

Adjusted *

^,
|

A-M

&?

^to

!
a
S

Merchandise, l.c.l.

Total

|

23
1
*5
«- « *1
j |•«• S£ a a
1 a«8 i &1 «4n
-M «

03
O

ix i

1
<n
^

a

GO

rt

a
P

0

to

f

a
&

3

1

fa

p

3

In

£

f

I

o

1a

Monthly
average
1926-100

Monthly average 1923-1925- 100

1930: May
__
1931:
May
June
_ _ _ _
July
._
August
September
October
November
December
1932:
7 anuary
Februarv
__
March
April
May .
C um ulat i v e , J anuar y
through May:
1930
l ' v-; i
i!Kl?

Wholesale price indei, 784 commodities

B?

Unadjusted i

DepartmentForeign !
store sales, trade, value,
1
value
adjusted 2

Freight-car loadings

Building contracts, all types,
value, adjusted'

Factory employment
and pay rolls

Industrial production

Bank debits outside New York
City

1

MONTHLY BUSINESS INDEXES

105

106

102

101

104

91.4

94.4

97

96

101

98

105

105

90

86

123.6

105

88.8

89
83
80
78
77
75
73
68

90
82
79
77
76
72
66

84
85
85
82
82
92
84
80

87
83
82
78
76
73
73 !
74

86
82
82
78
75
71
71
73

87
86
86
79
77
84
81
85

77.8
76.0
75.1
74.1
72.8
70.3
69.3
69.4

72.2
67.6
64.4
64.3
61.8
59.4
56.2
55.8

79
77
78
76
78
78
70
61

79
77
76
72
69
69
68
69

92
89
87
86
88
87
85
77

89
89
88
86
85
83
83
83

97
90
65
67
87
93
95
142

97
95
91
88
84
86
83
81

57
55
54
47
45
44
44
46

55
57
59
54
56
51
46
48

95.6
98.4
93.5
83.8
84.3
91.9
74.0
86.7

65
63
61
59
59
55
49
38

73.2
72. 1
72.0
72. 1
71.2
70. 3
70.2
68.6

71
71
68
64
62

70
70
66
63
62

74
75
77
72
62

72
70
67
64
61

71
68
64
61
SO

77
78
84
79

68.1
67.8
66. 4
64.3
62. 2

52.4
53.6
52.3
48.7
46.3

58
59
58
57
53

65
62
61
59
54

75
75
75
75
74

81
78
75
73
7i

64
64
70
76
74

78
78
72
80
74

39
45
41
38
37

42
41
37
36
34

80.6
65.2
69.6
72.8
63.4

31
27
26
27
36

67.3
66. 3
•i 66. 0>
65.5
64.4

107
88
6G

100
84

93.2
78 n

96. 4
72 5
50. (5

92
76
57

97
62
40

88 122.6
56
98. 0
SS : 70. 3

101
73
27

90.6
75.8
65,9

106
87
67




:

1

102

64

!

firi

Adjusted for number of working days.

S

I

99
88
75

97
90
70
4

Adjusted for seasonal variation.

i
j

SURVEY OF CURRENT BUSINESS

July, 1932

Comparison of Principal Data, 1928 to 1932




FIRST S MONTHS

V/////////A

BANK DEBITS OUTSIDE NEW YORK CITY -

REMAINDER OF YEAR

(BILLIONS OF DOLLARS)

CONSTRUCTION CONTRACTS AWARDED - (BILLIONS OF DOLLARS]

STEEL INGOT PRODUCTION -(MILLIONS OF JONS)

AUTOMOBILE PRODUCTION -(THOUSANDS OF CARS)

FREIGHT CAR LOADINGS - (MILLIONS OF CARS)
10

20

30

40

Y////////^
'///////////////////(//A

50

SURVEY OF CURRENT BUSINESS

July, 1932

Commodity Prices
low levels of commodity prices were reached
NEW
in May and declines in farm prices and retail
prices of foods were general. About one-half of the
commodities included in the wholesale price index
showed a firm undertone, and 10 per cent showed moderate advances, but losses for the remaining 40 per cent
caused the combined index to fall to the lowest level
reached in 20 years. Some further declines have
occurred during the current month.
Wholesale commodity prices declined 1.7 per cent
in May, the sharpest monthly drop since January,
and reached a lower level than at any time since
July, 1911. Weakness in livestock prices, the index
of which fell 10 per cent, and declines of 3 to 4 per cent
in grains and other agricultural commodities, caused
prices of farm products to average 5.3 per cent lower
in May than in April. Prices of foods declined 2.8
per cent as a result of a 5.6 per cent fall in meat prices
and 3.3 per cent in prices of butter, cheese, and milk.
A further drop of 13 per cent in hides and skins, which
have fallen nearly two-thirds since 1926, and a 10 per
cent decline in prices of leather more than offset steady
prices of boots and shoes, and caused the hides and
leather products group to decline 3.4 per cent. Prices
of silk arid rayon fell 7 per cent and those of cotton
goods 4 per cent. Other price drops ranging from 1 to

3 per cent include knit goods, woolen and worsted
goods, coke, nonferrous metals, brick and tile, paint
and paint materials, and mixed fertilizers. Although
rubber and petroleum prices are still extremely low,
in May they advanced 1.5 per cent and 3.7 per cent,
respectively.
Retail prices of foods continued to decline and on
May 15, 1932, averaged 2.9 per cent lower than on the
corresponding date in April. Of the 42 articles on
which quotations are regularly received, prices of 31
were lower on May 15 than on April 15, 4 were higher,
and 7 were unchanged. The greatest drop occurred
in prices of onions, 35 per cent, while the sharpest rise
was in the price of potatoes, 6 per cent. Prices of sugar
bacon, canned salmon, plate beef, lard, butter, pork
and beans, and pork chops declined 4 to 7 per cent.
Farm prices fell 5 per cent in May, and on the 15th
of the month reached the lowest level on record. As a
result of seasonal rises, prices of fruits and vegetables
advanced 2.5 per cent. Prices of meat animals and
cotton and cottonseed fell the most, 11 per cent, and 9
per cent, respectively. Dairy products prices declined
6 per cent. The quarterly index of prices paid by farmers
for the commodities they buy declined 4 per cent from
December, 1931, to March, 1932; the index is, however,
still 14 per cent higher than the 1910-1914 average.

y

Economic classes

s*

3

K-i
3
•H 1 "ft 1
is
1
S3
«e
a
<u
Ifs 5
J3
S
a
1
fc
o
w
I £ &
vO

Year and month

Groups

GO

«**"32
£«

5!

3
•e
o

si
to

S3

£M

It

V

*•

0*

U)

W)
fl

1 ! J

ace

j«
1

"5
&e
K
jd
M

•d

s

e«3 ii js&C

1 ! 1
1 1 £S
S

1
•+j
1

•d

s

1tt

"?!

"S

n

42
3s

s

42V
3
*d0

o>
(«

or a

a
w

0
ffl

3
«
&

1

3

!

X

1a

ee

1

Mo.
Mo.
Mo.
average average
to average
1923= 1909
19131914=
100
100
100

Monthly average 1926=100

1930- May
1931:
May
June
July
_.
August
September
October
_
_. _
November.. _
December
1932:
January
February
March
April
May
Monthly average, January through May:
1930
1931
1933
_1

Department of Labor.




Cost of living 2

1

Eetail foods i

Wholesale i

Farm, combined index,
27 commodities 3

ij

INDEXES OF COMMODITY PRICES

88.8

90.1 87.8

83.1

87.3

92.4

90.2

93.5

93.5

83.4

80.4

97.2

124

150

73.2
72.1
72.0
72.1
71.2
70.3
70.2
68.6

76.9
76.0
76.1
76.4
75.9
75.1
74.8
73.3

66.5
64.7
64.3
64.1
62.7
61.5
62.0
60.2

69.8 67.1
69.3 65.4
69.3 64.9
68.3 63.5
66.7 60.5
65.2 58.8
64.9 ! 58.7
63.7 55.7

73.8 75.1
73.3 74.1
74.0 73.9
74.6 74.2
73.7 73.9
73.3 72.9
71.0 73.5
69.1 72.3

80.0
79.3
78.1
77.6
77.0
76.1
76.2
75.7

80.5 65.3
79.4 62.9
78.9 62.9
76.9 66.5
76.3 67.4
75.6 67.8
76.1 69.4
76.1 68.3

87.6
88.0
89.4
88.7
85.0
82.5
81.6
79.8

86.8
86.4
85.7
84.9
82.7
81.0
80.9
78.5

85.0
84.4
84.3
83.9
83.9
82.8
82.6
82.2

67.4
66.6
66.5
65.5
64.5
63.0
62.2
60.8

70.5
69.7
69.7
68.3
68.2
66.6
68.7
66.8

86.9
85.9
85.9
85.9
85.6
84.9
83.9
83.1

86
80
79
75
72
68
71
66

121
118
119
120
119
119
117
114

67.3
66.3
66.0
65.5
64.4

72.1
71.4
71.5
71.1
70. 3

58.3
56.9
56.1
55.5
53.9

63.1
61.9
60.8
59.6
58.1

52.8
50.6
50.2
49.2
46.6

64.7
62.5
62.3
61.0
59.3

71.7
71.3
70.9
70.9
70.4

74.8
73.4
73.2
72.5
71.5

75.7
75.5
75.3
74.4
73.6

67.9
68.3
67.9
70.2
70.7

79.3
78.3
77.3
75.0
72.5

77.7
77.5
77.1
76.3
74.8

81.8
80.9
80.8
80.3
80.1

59.9
59.8
58.7
57.0
55.6

65.6
64.7
64.7
64.7
64.4

81.4
80.1
79.6
78.8

63
60
61
59
56

109
105
105
104
101

90.6 91.1 90.5 87.4
75.8 l i 79.3 69.5 72.2
65.9 71.3 56.1 60.7

96.5
70.2
49.9

94.9
77.3
62.0

88.4
77.1
71.0

93.6
82.1
73.1

91.6
82.5
74.9

80.4 109.5
69.0 87.7
G9.0 76.5

93.6
87.8
76. 7

95.9
86.1
80.8

85.2
69.6
58.2

81.0
71.5
64. S

98.1
89.0

128
90
60

152
126
105

2

93.0

92.2

National Industrial Conference Board.

80.3 102.6

3

Department of Agriculture.

6

SURVEY OF CURRENT BUSINESS

July, 1932

Domestic Trade
of merchandise at wholesale and
DISTRIBUTION
retail has continued on a restricted scale, although

Sales through other leading retail outlets for which
statistics are available also declined during May.
The dollar volume of sales through 36 chain-store
companies was 11.8 per cent below a year ago, and for
the five months were 11.3 per cent less than in the
same months of 1931. The two leading mail-order
houses reported May sales 3 per cent below April and
23 per cent below a year ago. Five-and-ten chain
sales were only slightly less than in April, but a seasonal expansion is usual for this period and the adjusted index declined for the third successive month.
Merchandise 1. c. 1. shipments, an important trade
barometer, declined in May after holding steady for
the first four months of the year. However, during
this period the adjusted index has dropped 12 per
cent, reflecting the absence of the usual spring expansion of trade. During the first two weeks of July
merchandise 1. c. 1. loadings underwent a further
contraction.
Magazine and newspaper advertising held up well
in May as a result of the intensification of sales efforts.
Magazine lineage was about the same as in May, while
newspaper advertising dropped off about 3 per cent.
Expenditures on radio advertising were lower in May.
Commercial failures remain high, but the total for
May was below the level of April and March and in the
first three weeks of June a further reduction has occurred. The liabilities involved in May insolvencies
were the lowest since last December.

June sales have felt some stimulus from the demand for
seasonal merchandise, and individual lines have profited from the temporary stimulus afforded by the incidence of new fiscal levies on June 21. Buying generally continues for immediate needs, with stocks being
held at a minimum.
Available statistics on retail trade in May reveal a
further contraction in consumer purchasing. Department-store sales, which moved upward during March
and April, decreased in May, whereas there is usually
a seasonal increase during the month. Sales for the
month were 24 per cent below a year ago and for the
first five months the decline from the 1931 level was 22
per cent. The dollar figures indicate that during the
first half of the current year there has been a shrinkage
in the volume of sales through these outlets. In 1931
the decline in department-store sales of 11 per cent
could be attributed largely to price recessions. So far
during the current year the Fairchild retail price index
of department-store items has dropped only 18 per cent
in comparison with a decline of 22 per cent in dollar
sales. By Federal reserve districts, the greatest declines were in Dallas, Chicago, and Cleveland, with
losses ranging from 25 to 28 per cent. The eastern
districts, New York, Philadelphia, and Richmond,
showed the smallest relative declines, the lowest being
the Richmond district with 18 per cent.

DOMESTIC TRADE STATISTICS

Year and month

Departmentstore sales

Freight-car Five-and-tenDepartment-a loadings,
merceiit-store
store stocks chandise,l.c.i.
sales

Unad- Adjust- justed 2
ed i

Unad- Adjust~ justed 2
ed

Unad- Adjust- justed
ed J

il

Unad- Adjust- justed J
ed

Mailorder
sales, 2
houses

.
.__ _ _ _ _

May
Monthly average, January through
May:
1930
1931
1932




1

Failures

Advertising
lineage

i Business
incorporaLiabil- Maga- News- 4tions,
states
ities
zine paper

;

N»r™-

Thousands of
dollars

Monthly average, 1923-1925=100

1930: May
1931:
May
June
July
August
September
October
November
December
1932:
January
February
March
April. _

Commercial
failures

Postal
receipts,
50 selected
i cities

ber

Thou- Milsands lions of
|of dolls. of lines lines

Number

105

105

98

96

101

98

162

175

59, 350

31, 370

2,179

55, 541

3,055

100

97
90
65
67
87
93
95
142

97
95
91
88
84
86
83
81

85
80
75
76
84
88
89
73

83
82
81
79
81
80
79
78

92
89
87
86
88
87
85
77

89
89
88
86
85
83
83
83

156
148
140
143
142
169
148
279

168
162
149
160
156
152
147
144

50, 070
49, 480
45, 093
43, 004
45, 955
52, 280
45, 898
58, 821

27, 844
26, 442
24, 578
23, 389
26, 335
28, 618
25, 355
34, 966

2,248 53,371
1,993 51,656
1,983 60, 998
1,944 53, 025
1,936 47, 256
2,362 70, 660
2,195 60, 660
2,758 73, 213

2,364
2,191
1,613
1,316
1,603
1,911
1,882
1,626

89
80
67
67
77
88
82
77

i
i

3, 096
3, 166
2, 867
2, 704
2, 453
2,846
2, 774
3, 012

64
64
70
76
74

78
78
72
80
74

67
69
72
72

75
73
70
70

75
75
75
75
74

81
78
75
73
71

115
121
138
134
133

155
156
146
141
137

31, 975
32, 581
33, 959
39, 745
38, 718

25, 312
24, 061
26, 677
24, 272
22, 621

3, 458 96, 860
2,732 84, 900
2, 951 93, 760
2,816 101,069
2,788 83, 764

1,138
1,469
1,677
1,777
1,776

68
64
72
71 !
69 i

3,311
2,930
3,202
3, 072
2, 863

51,471
45, 207
35, 39G

31, 629
28, 571
24, 589

2,349
2, 623
2,949

2, 674
2,097
1, 567

94 i
83
69 i

3, 238
3, 163
3,076

97
90

99
88
75

96
84

70

Corrected to average daily sales.

2

142
142
J28

Adjusted for seasonal variation.

J

54, 791
63, 768
92,071

End of month figures.

3,320
I
!

SURVEY OF CURRENT BUSINESS

July, 1932

Employment

R

EFLECTING the continued drifting of industry and trade to lower levels, employment in
most lines of activity again declined in May. The
drop was general, extending to all of the major classifications of factories with the exception of those processing food products, and to the mining industries
and public utilities as well as retail trade. Pay rolls
likewise were smaller and relatively the decline for
all reporting industries was greater than the decline
in employment.
Factory employment, according to the Federal
Reserve Boards unadjusted index, declined 4.1 per
cent to approximately 61 per cent of the 1923-1925
level, while their index of pay rolls declined 5.1 per
cent to an amount 54 per cent below the average
during 1923-1925, Employment in manufacturing
establishments usually shows a seasonal decline from
April to May, but the decline this year was greater
than the normal movement and the adjusted index
registered a decline of 3.3 per cent.
Of the 89 separate manufacturing industries from
which the Bureau of Labor Statistics collects employment and pay-roll data, 13 showed increased employment and 20 increased earnings. The beet-sugar and
ice cream industries, which are seasonally active,
showed the largest relative gains in employment.
Manufacturers of automobiles reported an increase of
1.4 per cent in employment and 14 per cent in pay rolls.

The greatest decreases in employment were reported
by the fertilizer, agricultural implement, millinery,
cottonseed oil, steam fittings, silk goods, and machine
tool industries.
Nonmanufacturing industries reduced employment
and pay rolls further in May. The most pronounced
curtailment of employment took place in building
construction, metalliferous mining, and canning and
preserving industries. Employment in the anthracite
mining industry declined 4.6, while pay rolls fell off
19 per cent. Increases in both employment and wage
payments were recorded in the cleaning and dyeing,
the nonmetallic mining, and the quarrying groups of
industries. Wages paid common labor in road building
declined slightly during May.
The actual hours per week averaged by factory
wage earners, which have been declining almost
steadily for many months, reached a new low in May.
In that month workers averaged 33.9 hours per week,
21 per cent less than a year earlier. Although the
percentage of trade-union members reported as
employed in May remained unchanged, there was a
slight decline in the proportion employed on full time.
In May only 47 per cent of the total membership were
reported as having full-time employment. Latest
data indicate that the number of labor disputes and the
number of workers involved continue to be relatively
small.

STATISTICS OF EMPLOYMENT, PAY ROLLS, AND WAGES

Year and month

Factory employment
F.B.B.
F. R. B.
factory
pay
rolls,
unadUnad- Adjusted justed i justed

Anthracite
mining
Employment

Pay
roils

Bituminous
coal mining

Power, light,
and water

Employment

ployment

Monthly average,
1923-1925 = 100
1930, May
1931:
May
June
July
August
_ _
September. . __ _ _ .
October
November
December ..
1932:
January
February
March " .
April
May
Monthly average, January through May:
1930
1931
1932
1

Pay

rolls

Em-

Telephone
and telegraph

Em-

Pay
rolls

1

91.4

94.4

93.8

98.9

90.4

77.5

103.4

104.5

77.1
75.0
73.8
74.2
74.7
71.4
68.7
67.9

77.8
76.0
75.1
74.1
72.8
70.3
69.3
69.4

72.2
67.6
64.4
64.3
61.8
59.4
56.2
55.8

80.3
76.1
65.1
67.3
80.0
86.8
83.5
79.8

76.1
66.7
53.7
56.4
64.9
91.1
79.5
78.4

82.4
78.4
76.4
77.0
80.4
81.3
81.1
81.2

54.4
52.4
50.4
50.6
53.6
56.2
54.6
52.3

97.6
97.2
96.7
95.9
94.7
92.7
91.3
90.3

98.7
98.3
97.4
96.2
94.3
93.2
93.3
91.2

66.3
67.3
66.3
64. 0
61.4

68.1
67.8
66.4
64.3
62.2

52.4
53.6
52.3
48.7
46.3

76.2
71.2
73.7
70.1
66.9

61.5
57.3
61.2
72.0
58.0

80.8
77.4
75.2
65.5
62.6

47.0
47.0
46.8
33.9
30.7

89.3
87.2
85.5
84,8
84.0

88.4
86.0
85.4
82.4
84.2

96.4
72.5
50.6

93.9
85.5
71.6

95. 9
82.8
62.0

97.7
88.5
72.3

89.8 1
64.0 !
41.1

100. 4
97.7
86.3

101. 9 ;
99. 4 |
85.3

Adjusted for seasonal variation.




Pay
rolls

Employment

Monthly average, 1929=100

90.9

92.6
77.4
65.1

ployment

Employ- Employ- Wages,
comment,
ment
mon
agencies, trade- labor
in
union
appliroad
per memPay cants
buildbers
ing
rolls 100 jobs

Retail trade

1
|
1
I
1

Number

Per cent
Cents
of total
members per hour

99.7

103.2

96.7

97.3

164

80

40

87.4
86. 9
86.6
85.9
85.0
84.1
83.5
83.1

94.1
95.0
93.3
92.3
92.1
91.6
89.7
92.7

89.9
89.1
83.9
81.8
86.6
89.8
90.9
106.2

88.0
87.6
83.3
80.3
83.5
84.6
85.4
94.1

181
205
209
217
196
221
214
191

75
75
74
74
74
74
73
70

37
37
36
36
34
35
34
33

83.0
82.0
81.7
81.2
80.6

89.1
89.6
88.2
83.4
82.8

84.3
80.5
81.4
81.6
80.9

78.0
73.7
73.4
72.7
71.1

207

69
69
70
69
69

32
33
34
33

100. 0

103.9
95. 6
86.6

96.2
89.0
81.7

97.2
88.0
73.8

182
193

79
74
69

40
36
33

88.8
81.7

188
197

n

8

SURVEY OF CURRENT BUSINESS

July, 1932

Finance—Credit and Banking
general banking and credit situation during
THE
May and the first half of June was featured by a
steady decline in bank loans and by a continuation of
open-market purchases of Government securities by
the Federal reserve banks.
The liquidation of member bank credit has been
gradual and applied equally to commercial loans and
security loans. In order to keep excess funds employed, which accumulated as a result of the reserve
banks, open-market operations, the member banks
turned more and more to investments, with the result
that this part of their portfolio in May showed the
largest monthly increase for the year. However, the
member banks have confined their purchases largely
to Government securities. Such holdings increased
by $454,000,000 from the end of April to the middle
of June, while the port folio of other securities dropped
$33,000,000. The purchases of Government securities
by the reserve banks were almost as large as those of
April, when total holdings for the first time exceeded
$1,000,000,000. During the first half of June reserve
bank purchases of Government securities continued at
the rate of approximately $60,000,000 a week.
Bankers' acceptances outstanding dropped approximately $92,000,000 during May. Federal reserve holdings steadily declined throughout the month, but showed
an upward tendency after the first week of June. During the period from the beginning of May to the middle
of June, bankers' acceptances held by the reserve banks

for the account of foreign correspondents fell from approximately $300,000,000 to about $200,000,000.
Gold exports assumed large proportions during May,
but the rate of outflow showed a reverse tendency by
the middle of June, writh the result that during the
week ended June 22 there was a net gain of $6,000,000
in the country's monetary gold stocks, the first weekly
gain since early in April. Apparently a large part of
the outflow represented a transfer abroad of central
bank funds which had been employed in the New York
market. The greater part of the recent outflow of the
metal was destined to France, Netherlands, Switzerland, and Belgium, the same group of countries which
received the major portion of this country's exports
during the period immediately following England's
suspension of gold payments in September of last
year. The effect of the recent movement has been to
increase the volume of loanable funds abroad and to
ease money-market conditions generally. With the
cessation of foreign withdrawals the Federal Reserve
Bank of New York reduced its rediscount rate on
June 23 from 3 per cent to 2l/2 per cent, the former
rate having been in effect since February 26.
Money in circulation showed very slight changes
during May as well as during the early weeks of June.
An increase in postal savings deposits carried the total
100 per cent above that of June, 1931. Bank debits
outside of New York were irregular with the general
trend downward.

CREDIT AND BANKIiNG STATISTICS
Bank debits

Year and
month

New
York
City

Outside
New
York
City

Reporting member
banks,
Wednesday
closest to end of
month

Loans
Oil

securities

AH
other
loans

Investments

Coridition oif Federal reserve banks, end of
month
Total
Memreserve
Bills United
ber
Bills bought
bank
disStates
bank
j
Total
credit eount- in the securi- deposits reserve
outopen
ed
ties
acstand- j
market
count
ing

Net
Total
gold
bankimDePostal
ers' ac- ports
savings,
ceptinMoney posits,
New
balin
ances cluding
York ance to
outcircu- State
gold
credit
lation savings of destandreing
leased
banks positors
end of from
month
earmark
Thousands of
dollars

MILLIONS OF DOLLARS
!

1930: May
37,423
1931:
25, 072
May
25, 893
June
July
21, 007
August
17, 501
September. 20, 073
October
20, 678
November . 14, 464
December.. 19, 233
1932:
January
17, 676
February _ _ 14,381
March
16, 160
April
15, 558
May
12, 913




24, 388

8,421

8,416

5,889

1,049

313

185

I
528 ;

2, 436

2,369

1, 382

25. 5

4,497

4,505

171,241

18, 858
19, 406
18, 444
16, 526
16, 627
18, 125
14, 605
17,112

6,867
6,746
6,544
6,519
6, 346
5,897
5,807
5,777

7,863
7,945
7,942
7,879
7, 845
7,624
7,543
7,327

7,807
7,795
7,810
7, 665
7,916
7,700
7, 506
7,428

917
943
976
1,255
1,578
2,184
1,931
1,853

174
149
195
255
328
728
718
638

125
106
73
215
469
681
452
339

598 ;
668
678
728
742
727
717
817

2, 442
2,504
2,527
2,632
2,506
2,380
2,252
2,125

2,389
2,381
2,367
2,373
2,364
2, 167
2,051
1,961

1,413
1. 368
1,228
1,090
996
1,040
1,002
974

'
53.6
i 156. 1
\ -10.2
!
41.5
-258. 5
i -445.3
117.7
I
34.0

4, 679
4,750
4, 836
4,947
5,133
5,478
5,518
5,611

5,083
5,156
5,149
5,173
5,231
5,217
5,213
5,255

325, 028
347,417
372, 457
422, 699
468, 908
536, 660
564, 809
605, 112

15, 893
12, 870
13, 729
14, 366
13,498

5, 574
5,440
5,328
5,099
4,807

7,256
7,148
6, 883
6,783
6,724

7,149
6,935
7,143
7,151
7, 385

1,856
1,709
1,597
1,850
2,090

899
828
639
556
490

153
109
68
48
36

746
740
872
1,228 l
1, 549

2,093
1,937
2,012
2, 225
2, 240

1,947
1,849
1,924
2,124
2,113

961
919
911
879
787

i -49.6
-64.2
i
33.6
i -25.5
-217.6

5,645
5,627
5, 531
5,452
5,456

5,240
5,242
5,293
5, 262
5,243

658, 081
683, 627
697, 280
713, 867
in, 527

SURVEY OF CURRENT BUSINESS

July, 1932

Finance—Security and Money Markets
prices continued downward during May, ment securities, which caused a pronounced accumulaSECURITY
but during June the market has displayed greater tion of bank funds in the financial centers. A large
supply of funds seeking employment in high-grade
paper was constantly available and the yields on shortterm. Government obligations fell to exceptionally
low levels.
Brokers' loans continued to decline throughout May
and during June to the last date for which figures are
available. This class of loans made by the reporting
member banks of New York was at the end of May
not much more than one-fourth of the total a year ago.
The even more marked decline in the total reported
by the members of the New York Stock Exchange
indicates the extent to which "outside" funds have
been withdrawn from speculative markets. The same
trend is indicated in the classified figures of the stock
and bond collateral loans made to brokers and dealers
by the member banks reporting to the New York
Federal Reserve Bank. These show that loans made
by them for the account of nonbanking customers
stood at the negligible figure of $7,000,000 by the
middle of June.
New capital issues were somewhat higher in May
than in April, but are still on a very low level. For
the second time this year no new long-term real
estate bonds appeared on the market. Interest
payments were about the same as a year ago, but
average dividends per share paid fell to a new low
monthly level.

resistance, on a reduced turnover. At various intervals the market has shown a marked sensitiveness to
such factors as (1) the action of the Interstate Commerce Commission in the case of the St. Louis-San
Francisco Railroad's loan application, (2) passage
by the House of Representatives of the Goldsborough
bill, (3) announcement of the Senate plan for relief
loans to States, and (4) announcements of numerous
dividend reductions and omissions. Except for
occasional rallies, both stock and bond prices tended
downward during May. Government bonds showed
only periodic strength as a result of open-market
purchases by the Federal reserve banks. The leading
European security markets showed a more or less
irregular trend during the entire period, although on
the whole the tone was cheerful, after the unfavorable influences early in May.
Money rates continued low throughout May and the
first half of June. Call rates remained uniformly
about 2K per cent, while rates on commercial paper were
reduced before the end of May by one-half of 1 per cent.
On May 11 the offering rate on 90-day bankers' acceptances declined from 1% per cent to the previously
prevailing low rate of seven-eighths of 1 per cent.
The dominating influence during the entire period
under review was the open-market policy of the Federal
reserve banks, featured by heavy purchases of Govern-

SECURITY AND MONEY MARKET STATISTICS
Dividend and
interest payments

Capital issues

Year and month

Stock Reprices ported Com(aver- sales mon Bond
age
stock yields
of
week- stocks
yields
ly)

Average

Range of open market money rates
New York

Brokers' loans

dividend

Total

Longterm
New
capital real
issues estate
bonds

ReMade
per
byre- ported RaCall
monComport- by the tio
Interest share
(600
ey re- Time mering
New
to
Total
pay- commem- York marinewal loans
cial
ments panies)
paper
(averber i Stock ket
Ex- value
banks
age)

N. y. c. chan ge2

Thou- Per
1926= sands
100 sharesof cent

1930: May
1931:
May
June
July
August .
September
October
November
December
1932:
January
February
March
April
May




Dollars

Per cent

1

78, 040

4.02

4.54 1,181,454 1,108,103

3,813

601, 0,00

262, 000

2.99

5.95
5.96
5.66
5.74
6.51
7.28
7.06
8.66

4.43 427, 713
4.45 402, 307
4.44 267, 137
4.50 ! 126, 836
4.70 1 313,330
45, 932
5. 16
5.19 130, 787
5.81 139, 391

344, 164
251, 163
222, 564
120, 329
270, 540
44, 988
110,215
118,751

9,485
3,425
800
2,100
66, 785
9, 125
2,619
3,185

556, 124
762, 077
945, 976
489, 858
532, 840
747, 157
557, 742
670, 951

268, 124
416, 377
559, 076
245, 158
300, 340
458, 757
306, 742
439, 851

2.41
2.36
2.31
2.26
2.18
2.10
2.05
1.96

3.12 3M-3M
1.45 1M-2
1.50 114 i%
1.50 1M-1K
1.50 1K-1H
1.50 1M-2
2.10 2^-4
2.50 3 -4
2.70 3 -4

58.0
56.5
56.8
43.9
39.8

8.22
8.04
7.16
9.13
9.57

5.86
5.91
5.70
6.00
6.41

193, 939
94, 497
190, 020
142,319
132, 882

179, 919
73, 389
160, 612
70, 268
91,241

1, 075
0
905
490

997, 938
443, 200
494, 269
654, 200
483, 800

594, 838
247, 300
279, 569
427, 500
269, 000

1.89
1. 76
1.67
1. 60
1.48

2.65 3^-4
2.50 3H~3^
2.50 2M-3K
2.50 2 -3
2.50 1^-2

1

126591—32

Thousands of dollars

98.0 46, 661
95.1 58, 719
98.2 33, 540
95.5 24, 890
81.7 51, 140
69.7 47, 895
71.7 37, 369
57.7 50, 190

170.5

__

1

Per
cent

34, 342
31,719
33, 061
31,403
23, 151

Wednesday closest to end of month.
2

e

!
i
i
'

• End of month.

3M-4
2

-V-A
2
2

1

2 -4K

3M-4M
3M-4

3^-4
3^-4

3^-3M
3M-3M
$,-*&

I

Per
cent

Millions of
dollars
4,022

4,748

6.33

1, 539
1,479
1,390
1,366
1,172
869
720
591

1,435
1,391
1,344
1,354
1,044
796
730
587

3.37
2.93
3.03
3.04
3.23
2.33
2.35
2.20

505
495
525
495
409

512
525
533
379
300

1.94
1.90
2.18
1.87
1.86

10

SURVEY OF CURRENT BUSINESS

July, 1932

Foreign Trade
OHIPMENTS of raw cotton and wheat to foreign
^ countries continue in excess of the movement in
the corresponding period of other recent years, although
the normal seasonal decrease during May in raw-cotton
shipments accounted for the greater part of the decline
in the value of total exports. Exports, amounting to
$132,000,000, declined 2 per cent from April and
imports, totaling $112,000,000, dropped 11 per cent,
while the favorable balance of merchandise trade was
$20,000,000 as compared with $9,000,000 in April.
The outflow of gold to foreign countries, which again
assumed large proportions in May and the early part
of June, has once more subsided. Total gold exports
for the month of May amounted to $212,000,000.
For the eleven months ended May 1932, the excess
of gold exports over gold imports has amounted to
more than a half billion dollars.
The most notable change in export trade during
May was an increase of $3,400,000 in exports of
petroleum and petroleum products over April, the
value of these products totaling $23,200,000. Exports
of gasoline, amounting to 4,400,000 barrels, increased
850,000 barrels, and were the largest shipments for
any month since May, 1931. The value of exports
of industrial machinery^ automobiles, copper, meats
and fats, oranges, and canned and dried fruits increased
slightly, while that of electrical machinery and appli-

ances, office equipment, tobacco, and wheat flour were
somewhat lower.
The decline in imports during May was larger than
the normal shrinkage at this season of the year. With
the exception of coffee, copper, tin, and newsprint, the
quantity of all leading commodity imports was smaller
than in April and with few exceptions was less than
in the corresponding period of 1931. Imports of
petroleum products showed a marked drop as compared with April, but were greater than in May, 1931.
During the past three months total imports have
shown a reduction in volume, whereas in the opening
months of the year they were practically as large as
in the corresponding period of the year before. For
the 5-month period, ended May, quantity imports of
cocoa, sugar, meats, fish, oilseeds, cotton cloth,
petroleum products, linen fabrics, and copper were
larger than in the corresponding period of 1931, while
those of rubber, raw silk, coffee, newsprint, hides and
skins, wool, burlaps, and tin were lower.
Outstanding factors in the shrinkage in value of
exports so far this year, as compared with the corresponding period of 1931, have been the lower level
of prices and a reduction in shipments of automobiles,
machinery, iron and steel products, copper, and tobacco. Quantity exports of cotton, cotton cloth,
wheat, and apples have been larger than a year ago.

EXPORTS AND IMPORTS
Exports of United States merchandise

Year and month

Crude
materials

Exports,
including
reexports *

General imports

Finished manufactures

Foodstuffs

SemiAutomoFruits manMa- biles, GasoWheat Meats and ufactures
Total chin- parts, line
Total and and prepflour fats araery
and
tions
accessories
i

Raw
Total cotton

Total

FinSemi- ished
Crude Food- man
ma- stuffs fac-u- manuterials
factures tures

Millions of dollars
1930: May
320.0
1931:
204.0
Mav__
. __
187.1
June
July
180.8
164.8
August
._ _
180.2
September
204.9
October .
193.5
November
._
184.1
December
1932:
150. 0
January
153. 9
February
_
March
. 155. 2
April
135. 2
May
132.2
Cumulative, January through
May:
1930
.
1,781.0
1931
1, liiS. 9
1932
.
726.4
1

!

40.7

19.0

42.8

11.7

14.7

4.9

49.9

179.0

49.8

29.2

20.2

284.7

86.6

76.3

53.4

68.4

36.5
29.1
28.3

25.5
44.4
63.6
68.1
68.3

18.9
13.5
13.5
9.9
23.5
39.8
43.6
47.3

| 29.4
28.7
! 32.3
! 28.1
i 28.4
39.3
1 34.5
27.1

7.5
8.8
11.6
7.0
6.7
8.8
8.5
7.6

7.8
7.1
6.8
6.4
6.3
7.1
6.0
7. 3

6.6
5.7
7.6
8.0
9.2 !
16.2
11.6
6.6

29.9
24.5
28.0
23. 9
21.4
21. 2
20.8
20. 6

103.4
97.7
88.3
84.1
83.2
77.3
67.0
64.7

26.5
28.3
22.7
20.4
24.7
20.2
15.7
17.7

14.3
12.8
11.5
10.7
8.7
8.5
5. 5
7.9

12.5
7.2
9.0
8.8 i
7.2
7.2
8.3
5.9

179.7
173. 5
174.5
166. 7
170. 4
168.7
149. 5
153. 8

54.2
52.4
50.0
47.7
52.9
52.4
47.8
49.9

49.6
47.2
47.1
45.4
35.1
36.8
33.0
36.7

30.4
29.8
30.0
28.3
30.3
29.0
27.4
25. 3

45.5
44.2
47.5
45.3
52.0
50.5
41.2
41.1

49.8
52.8
50.4
34.0
29.8

36.0
37.3 i
36.5 !
20.7
17.7

5.3
5.1

6.1
6.0
4.7
4.2
*.5

7.4
7.0
5.9
4.0
4.5

18.8
18.4
18. 3
18.9
18. C

54.7
57. 2
61. 3
58. 5
60.5

11.4
13.8
13.5
12.2
11.3

6.8
7.4
9.3
7.8
7.9

7.6 1 135. 5
7.0
131. 0
6.3
131.2
8.3 i 126. 6
9.9 ! 112.3

38.2
37.4
36.0
36.3
28.4

38.3
37.8
42.4
38.1
37.2

26.2
24.1
20.0
18.9
17.2

32.5
31.8
32.9
33.4
29.5

ib! i

33.1
43.3
2S.8

213.0
154. 4
92. 9

943. 2
557. 4
292.3

270. 1
168. 2
63. 1

161.7
81.8
39.2

111.5 1,485.6
55. 7
933. 7
39.2
636. 5

501.4
289. 1
175.1

336. 2
246. 0
193. 7

304.9
171.9
106.8

343. 1
226. 6
15&. 9

335. 2
239. 3
216.6

204. 5
134. 4
US. 2

23.7
22. 8
21.7
21.0
20.0

ti
5.5

227. 9
15.1. 6
109.2

1)0. 0
25. 2
2^8

25.5

Reexports of foreign merchandise during May, 1932, were $3,346,000.




SUKVEY OF CUREENT BUSINESS

July, 1932

11

Real Estate and Construction
activity in the building industry conI NCREASED
tinued throughout May, when, contrary to the usual
downward tendency for that month, the value of all
contract awards aggregated more than the corresponding total for any month since last November. On a
daily average basis, the gain over April, in both value
and measurable footage, amounted to approximately
24 per cent. As compared with May, 1931, respective
decreases of 52 per cent and 58 per cent in total value
and square footage occurred. Contracts let in the
Middle Atlantic States, New York City, and the
Pittsburgh territory accounted for a little more than
half the total value of awards for the month. The
adjusted index of construction contracts let, based on a
3-month moving average of values centered on May,
decreased slightly from the revised figure for April.
In the first half of June the daily average value of
contracts declined 24 per cent from that of the previous month, thus offsetting the increase of the same
proportion which had occurred from April to May.
Value of public works and utility projects in May
made the best showing in six months and again took
the lead in all construction undertakings. Although
the total was 43 per cent below the value of similar
contracts let during May last year, it showed the substantial advance of 30 per cent over the April figure.

Residential building remained comparatively inactive,
with average value of awards for the first five months of
this year less than one-third the corresponding figure
for the same period of 1931. Measurable footage of
these undertakings was unchanged from April, and,
while the total was only one-third the footage reported
in May, 1931, the average so far this year was
maintained.
A sharp gain marked the monthly record of new
structural steel orders. Increasing 40 per cent over
bookings in April, the May total reached the same
tonnage level reported for last November and was 38
per cent above the monthly average so far this year.
Volume of orders in May a year ago, however, were 67
per cent greater. Shipments of maple flooring
advanced 5.7 per cent over those in April and cement
production during May reached the highest total in
six months.
Further recession in the Engineering News-Record's
index of construction costs, while slight, placed that
figure at a new low point for the depression. Building
material prices for frame and brick houses declined
from April, 1.9 per cent and 2.5 per cent, respectively.
No long-term real estate bond flotations were reported
for the month.

BUILDING MATERIALS, CONSTRUCTION, AND REAL ESTATE
Construction contracts awarded

F. E. B.
index (3
months
moving
average
of values
adjusted)

Year and month

Maple Oak
floor- flooring
ing
All types of
construction

Residential
building

Public works
and utilities
Shipments

Monthly
MilMilThou- MilMil- lions
Mil- sands
average lions of lions
of lions
of lions of
of square
of square
1923square dollars
dollars
dollars
1925=100
feet
feet
feet

1930: May
1931:
May
June
July
August
September
October..
November
TDecember
1932:
January
February
March
April ..

_

May

Monthly a\ 7 erage, January through May:
1930
1931
183?

1




Long-term
real estate
bonds

Real
ConFabristruc- estate
martion
Ce- cated
cost, ket acTo
ment structural Frame Brick Eng. tivity,
finance
steel house house News- deeds
new
recordTotal
(6con(6Eec.
ed
rooni) room)
strucProtion
New
duction orders

MonthThouThousands of Thou- sands
av- Thousands of
of month, month- ly
feet, board sands of shortof First
erage
ly average 1913=100 1926=»
dollars
barrels tons
measure
100

105

53.7

457

23.5

116.6

1,099

152.1

4,669

65
63
61
59
59
55
49
38

38.9
33.7
33.8
30.6
30.1
30.7
20.5
17.2

306
316
286
233
251
242
151
137

21.9
16.9
15.9
14.1
13.0
15.2
11.0
8.8

88.9
72.7
63.9
60.2
54.6
60.5
45.3
36.2

387
1,117
1,233
737
353
171
271
280

108.9
140.8
116.3
73.0
85.1
82.5
47.4
50.3

3,315
3,778
3,447
3,397
3, 144

31
27
26
27
26

12.6
12.3
16.9
13.9
16.5

85
89
112
122
14 G

6.9
6.1
8.5
7.2
7.2

27.5
24.4
33.2
28.9
25. 6

300
176
197
211
182

24.1
28.3
29.9
47.3
61.7

1,759
2,061
2,495
2, 200
3, 325

47.0
33.9
14.4 !

407
295
Ill

197.7
19. 1
7.2

96.5
83. 6
27.9

1, 434
467
213

140. 7
113.5
38. 3

3, 924
2,961
2, 168

101
73
27

Building
material
prices

Building materials

30, 295

17, 249

279

177

181

205.9

73.5

3,813

88

27, 745
23, 131
25, 691
21, 464
19, 486
2, 703 18, 203
2,481 13, 907
1,928 12, 976

14, 010
14, 118
13, 899
13, 549
12,092
10, 762
8,161
5, 974

152
172
160
124
194
109
91
98

160
158
155
156
154
156
158
156

167
166
164
163
161
162
163
161

189.3
187.2
174.4
171.4
171.4
169.8
169.3
166.2

61.3
58.4
61.1
59.8
60.3
63.2
59.0
64.5

9,485
3,425
800
2,100
66, 785
9,125
2,619
3,185

0
1,000
300
565
395
500
725
0

11,673
11,359
13, 360
12, 555

5, 026
3, 971
4,847
5, 478
6,917

48
62
64
65
91

156
157
155
154
151

161
163
162
160
156

162.5
i61.8
157.2
153. 1
152. 8

57.8
58.8
54.9
54.6

1,075
0
905
490
0

240
0
0
490
9

31,411
24. 444
12, 377

11, 731
9, 203
5,248

249
187
66

177
162
155

180
169
160

207.1
193. 3
157. 5

73.3
63.5

16, 250
5,369
494

6, 735
1,410
146

12

SURVEY OF CURRENT BUSINESS

July, 1932

Transportation
trend of railroad freight traffic has continued
-*- downward through the first half of June. Loadings of revenue freight in May delined 5.9 per cent,
and the seasonally adjusted index of loadings dropped
8.5 per cent, the latter having declined each month
during the current year. For the first 23 weeks of
1932 freight car loadings dropped 25 per cent, as
compared with a reduction of 18 per cent for the year
1931 in comparison with 1930.
Decreased loadings were reported for all classes of
traffic during May, but the drop in coal loadings was
responsible for the major part of the decline. Loadings of miscellaneous freight were lower, but remained
above the average shipments for the first three months
of the year. Merchandise 1. c. 1. loadings dropped
to a new low for the depression.
After declining during February and March, surplus
freight cars have increased in each of the past two
months. Equipment buying by the roads has been
held to a minimum owing to the state of current revenues. Orders for only 26 freight cars were placed during May, and no orders were entered for locomotives or
passenger cars.
No improvement has occurred in the rate of earnings of the railroads on their property investment,
current returns continuing around 1% per cent.
Operating revenues are off over 40 per cent from a year

ago, despite the rate increases and drastic economies,
and gross operating revenues are off 24 per cent. Dividend disbursements by the carriers continued to fall,
with the May total about one-third below a year ago.
Canal traffic expanded seasonally in May, although
the movement on all major channels was well below a
year ago. The movement through the "Soo" Canal
was less than 40 per cent of the total of a year ago and
the Welland movement declined 18 per cent. St.
Lawrence traffic was off 24 per cent, while the New
York State Canal and the Cape Cod Canal showed
smaller declines. River traffic decreased during April
with the exception of the movement on Governmentowned barges on the Mississippi. The latter increase
was the result of a general gain in up-river traffic.
Available travel data show a seasonal upturn, but
the movement is well below a year ago. Hotel room
occupancy in May was the same as in April but was
13 per cent below a year ago, and there was a further
reduction in rates. Foreign travel remains well under
a year ago. Passports issued during the first five
months were 9.2 per cent below last year. Pullman
passengers carried showed a drop of 29 per cent from
a year ago, according to statistics covering the first
four months. Visitors at national parks increased
seasonally in May, but during the first five months of
1932, such travel was 14 per cent lower than a year ago.

Year and
Month

*
§
t?
o
a

VI

1
a
P

1

O

f

H

!

\ 73
O

W

$

o
Q

1931
1932

^3
aw
§3

^
§

8
ri

1

1

i !

I-3

i
i
1

aa
3

i

a

[ —1
1 j 1

Thousands of cars 3

^hou-

i

-I
p
"i«!
& ro

§3

•s
fc

Thous. Thous. of
of dol- dollars
lars

Canal and river traffic
Canals

-w«

Rivers

X

ftiift*££

00 &

=1
3*
£
00

'i

S35
fc
«

•-®OMS
2*"g«S

•3eg.fi

igs*

Thousands of short tons

Thous. of
long tons

97

96

1
912.7 ! 135.8

9.4

51.9

37.3

22.8

239.8

55. 6 I 360. 1

442

2, 351

69, 323

36, 600

11, 320

402

125

1, 116

79
77
78
76
78
78
70
61

79
77
76
72
69
69
68
69

740.0
747.9
732.7
749.5
727.0
763.0
654.9
568.3

i 113.9
I 110.6
I 108.2
118.8
I 124.2
i 145.5
! 121.4
! 117.6

6.5
5.5
4.8
4.6
4.8
5.6
5.3
5.8

32.9
31.3
26. 6
27.6
26.1
24.6
21.9
17.8

35.8
35.0
55.0
45.7
37.2
38.5
36.2
29.7

20.4
18.6
17.8
21.2
24.1
29.0
25.9
21.6

217.5
219.0
207.4
213.8
210.2
216.2
201.6
185.6

17.3
29. 8
34.7
35.0
30. 3
20.4
6.3
3.8

295.4
298. 1
278.2
282.7
270. 1
283.0
236.4
188.2

616
599
564
574
564
535
659
751

1,900
2,051
2,023
2,091
1, 969
1,674
1,526
1,677

41, 264
50, 163
56, 535
55, 859
55, 319
64, 020
36, 580
21, 263

31, 500
33, 000
41, 500
33, 500
26, 500
36, 000
32, 450
28, 800

4, 335
6,645
7, 613
8,385
7,126
6,248
3,049
284

457
385
506
425
587
505
510
0

100
86
104
104
107
105
86
168

937
828
820
859
884
930
676
774

58
59
58
57
53

64
62
61
59
54

567. 4 ! 115.2
561.3 1 115.0
571.7 121.3
554.6 ' 92.3
74. 6
521.9

5.7
6.2
6.1
3.8
3.1

18.4
19.3
20.0
19.7
18. 7

31.0
34.3
28.9
30.8
29.2

22.1
19.0
16.5
18.7
17.1

186.6
183.0
187.3
186. 2
182.1

2. 9 i 185. 6
2. 7 I 181. 9
2. 6 : 187. 5
3.4 i 199.6
2.6 194.5

742
722
705
728
751

1,643
1,424
1,404
1,286

11, 714
22, 043
32, 289
20, 624

42, 500
29, 000
30, 500
28, 200
21, 700

0
0
0
369
1, 568

0
0
0
250
415

131
113
113
99
110

652
628
726
620

10.5 54.6 39.8 24.8 242.7
7.8 33.6 38.7 21.9 216.3
5.0 19.2 30.8 18.7 185.0

19.5 344.3
8.4 ; 272.7
2.8 [ 189.8
'.

434
627
730

2, 473
1,995

61, 636
37, 774

45, 540
42, 480
30, 380

90
82
113

1, 153
920

92
76
57

i Daily average basis.




"3_:

ft

fa 3

Monthly
average,
1923-1925—100

1930: May
1931:
May
June
July
August
September...
October
November...
December
1932:
January
February
March
April
May
Monthly average, January3
through May :
1930

1

«-a

Panama Canal, American vessels, both directions

i

«
S

Dividend payments,
steam railways
_
_

F. R. B. index

Freight-car surplus

Freight-car loadings

Pullman passengers carried
1

RAIL AND WATER TRAFFIC

890. 8 : 154.5
730.5 i 131.1
555. 3 i 103.7

2 Adjusted for seasonal variation.

|
|

i
':

* Freight-car loadings are on an average weekly basis.

13

SURVEY OF CURRENT BUSINESS

July, 1932

Automobiles and Rubber
stricted, and foreign shipments of both passenger cars
and trucks were lower in May than in April.
Employment in the rubber-products industry was
ducers contributing the major part of the output.
The spring peak in automotive production usually is further reduced during May but pay rolls were larger.
reached in April and May and only a slight variation The latter increase followed declines in the two preis normally witnessed between these two periods. ceding months. Both production and shipments of
May production this year increased 36,823 units, or pneumatic casings increased in May, accompanied by
one-fourth over April and the first three weeks of June a reduction in inventories. Buying in May and June
has brought a further increase. Production during the was stimulated by the possibilities of increased prices
first five months of 1932 was 48 per cent below last resulting from the taxes levied in the new revenue bill.
Domestic consumption of crude rubber increased
year, but the June comparison with a year ago is the
13 per cent during May, but for the year to date has
most favorable for any month so far this year.
Increased production in May was confined to pas- averaged well below a year ago. Despite the fact that
senger vehicles, as the output of trucks was the same more producing estates are closing down constantly,
as in April. Canadian production increased following and others are tapping only the best-yielding areas,
the curtailment of the preceding month. Employ- crude rubber output continues in excess of the demand
ment and pay rolls in the industry increased during with the consequent increase of world stocks and price
May, the former by 1.4 per cent and the latter by 14 declines. Crude rubber dropped to 2.50 cents a pound,
per cent. The index of Detroit factory employment and is currently selling only slightly above that level.
Foreign takings of rubber have been at a record high
showed a further increase in the middle of June.
Retail sales of automobiles continued upward in figure thus far in 1932, restricted imports of fabricated
May. Preliminary statistics on passenger-car regis- goods furnishing a stimulus to the domestic manufactrations indicate a gain of from 10 to 15 per cent for ture, in foreign countries, of finished products.
the month as against a normal seasonal increase of
During April, the United Kingdom took the lead in
about 1 per cent. Sales of commercial vehicles were tire exports, the first time that this country has led
also larger than in April, following the decline from the in 12 years. Available statistics for May indicate that
March level. Exports of automobiles continue re- this position was retained during that month.

in automobile production schedules
EXPANSION
has extended into June, with the low-price pro-

AUTOMOBILE AND RUBBER STATISTICS
Automobile production
United States

Year and month

F.R.B.
index,
adjusted Total

Monthly average
19231925=
100
1930: May.
1931:
May
June
July
August
.
September
October
November
•
December
1932:
January
February ._ _
March
April
May _
_. _ _
Monthly average, January through May:
1930
1931
1932




Passenger
cars

|

Automobile
exports

Canada

Total
Taxi- Trucks
pro! duccabs
tion

iPassen- Trucks
ger cars

Crude rubber

j

By
wholesale
dealers

Do-

Do- mestic
World
Retail Pro- mestic
conIm- stocks,
pur- duc- ship- sumpports end of
chasers tion ments
tion,
month

total

Millions of
dollars

Number

Thousands

Pneumatic
tires

Automobile
financing
New
passenger
car
registrations

Thousands

Long tons

101

420

361

440

58, 659

24, 672

16, 876

9,666

345, 069

84

us

4,754

3,960

35, 912

42, 994 L406, 137

78
65
60
52
40
26
36
66

317
251 1
218
187
141
80
69
122

271
210
184
155
109
58
48
97

340
360
180
104
141
651
999
1,144

45, 688
40, 244
34,317
31,772
31,338
21, 727
19, 683
23, 644

12, 738
6,835
4,220
4,544
2,646
1,440
1,247
2,432

8,468
5,843
6,478
5,699
4,577
3,207
1,928
5,753

4,498
4,340
3,518
2,356
4,171
4,500
1,184
3, 333

247, 727
201,911
194, 322
155, 744
124, 903
102, 659
75, 829
77, 564

73
58
49
44
36
26
16
29

109
105
96
80
68
61
49
50

4,543
4,538
3,941
3,125
2,538
2, 379
2, 001
2,115

4,197
4,320
4,244
3,845
3,034
2,185
2,223
2,171

34, 792
34, 883
29, 382
25, 379
21, 747
20, 495
21,108
19, 696

35, 844
46, 939
44, 052
39, 033
38, 933
41, 398
45, 103
53, 818

531,516
536, 982
549, 127
550, 580
554,458
582, 000
606, 197
619, 906

45
35 i
28 i
35
44

119
117
119
148
185

99
94
99
121
158

97
25
74
31
73

20, 541
23, 308
19, 560
27, 389
27, 393

3,731
5,477
8,318
6.810
8, 221

4,474
4,930
5,541
4,449
3,604

2,515
2, 113
3, 186
1,629
1, 505

85,684
81,853
91, 297
119, 540
131,000

35
33
34
34
39

45
45
51
56
58

2,770
3,097
2,937
2, 813

2, 545
1,973
2,281
2,886

25, 725
27,611
25, 602
23, 877
26, 861

33, 552
28, 298
45, 588
38, 454
34, 323

630, 267
636, 206
632, 983
633, 400
637, 006

373
264
138

315
221
114

833
491
68

57, 004
42, 785
23, 638

19, 119
11,851
6,511

19, 361
9, 743
4, 600

9,943
4, 944
2, ISO

278, 539
195, 044
101,875

72
59
35

109
88
51

4,043
3,671

3,586
3,316

33, 375
29, 675
25, 935

44, 960
38, 502
36, 043

407, 531
518,614
633,971

100
71
37

14

SURVEY OF CURRENT BUSINESS

July, 1932

Chemical Industries
sales have been steadily declining since
CHEMICAL
the first of the year, and this tendency continued
throughout the month of May. As a whole, however,
the industry has been affected less by prevailing economic conditions that most other industries because of
its wide diversity of products, the basic nature, and
the variety of uses for which each product is adapted,
and the unitized production organization.
This situation is reflected in employment in the
industry, which declined in May somewhat less than is
usual at this time of year. The adjusted index for
May was 80 as compared with the combined factory
employment index of 62. Present employment is,
however, at a record low level for the industry and is
approximately 15 per cent less than a year ago. Pay
rolls also reached a new low point in May, about a
fourth under the amount of a year ago.
The stocks of chemical manufactured goods on hand
continued in May the decline noted in the two previous
months. Present stocks on hand are slightly greater
than at this time last year and 4 per cent less than in
this month in 1930.
Ethyl alcohol production picked up slightly in April
after declining steadily since last October. The level of
output was 9 per cent under that of April, 1931. Refined methanol production also increased in April,
while that of the synthetic product declined in that

month, bat increased in May. Output of the refined
product is off 46 per cent as compared with a year ago,
while synthetic shows a decline of 36 per cent in the
same period.
A further decline in the production of by-product
coke took place in May and a new low level was
reached. As compared with a year ago output has
declined 44 per cent and, in comparison with two
years ago there has been a drop of almost 60 per
cent.
A substantial increase in the production of wood
rosin occurred in May, while the receipts of gum rosin
at three ports experienced the usual sharp seasonal
increase for this time of year. Stocks of gum rosin at
the ports and wood rosin at plants increased from the
low point reached in April. Wood turpentine production continued the increase of the past two months,
with present output 14 per cent less than in May a year
ago. Turpentine stocks at plants have been declining
steadily since January. Pine-oil production increased
more than seasonally in May.
Fertilizer consumption contracted sharply but seasonally in May. Total imports of fertilizer increased,
although there is usually a seasonal decline at this
time. Imports of nitrate of soda were again insignificant, the domestic air-reduction industry now producing practically all of the United States requirements.

CHEMICAL STATISTICS
Alcoho 1

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

SynRefined thetic
Ethyl methmethanol
anol

Stocks

i Southern States.




Explosives

Rosin,
wood

TurSuperpentine, phoswood phates

ConTotal Nitrate
of soda
sump- imimtion^
ports I ports

Pay

Manu- Raw
Unad- Adrolls,
facjusted justed unad- tured matejusted goods rials

Production

Thousands of
gallons

Monthly average, 1923-1925=100

1930- May
1931:
May
June
July
August
September
October
November
December
1932:
January
February
March
April
May
Monthly average, January through Mav;
1930
1931
193?

Fertilizer

Byproduct
coke

Thous.
of shorttons

Thous.
of Ibs.

Barrels

Thous. of
short tons

Long tons

104.6

106.5

106.6

134

96

13, 245

406

583

4,235

36, 147

40, 933

7,454

389

235

91.4
86.7
86. 2
84.4
86.0
85.7
83.5
82.0

93.0
89.6
89.4
86.6
85.7
85.4
83.1
81.9

88.4
84.1
82.9
80.4
80.8
80.8
76.4
75.0

127
122
116
115
118
125
129
124

88
88
87
85
100
121
134
125

13, 120
13, 111
11,975
12, 363
12, 952
16, 037
14 084

118
107
92
65
57
56
87
142

784
654
438
316
663
510
364
328

3, 126
2,715
2, 569
2, 443
2,310
2, 389
2,276
2,234

26, 960
25, 981
25, 068
24, 548
26, 598
25, 282
24, 509
18, 595

33, 593
34, 747
28, 495
17, 074
25, 058
26, 102
21, 440
23, 242

5,996
5, 675
4,370
2, 607
3,797
3,922
3, 547
3,733

224
178
196
210
173
188
179
231

195
74
25
40
91
94
66
67

;
72, 159 i
59, 970 !
97, 358
127, 599 ,
146, 700
120, S22
77, 849
70, 754

34, 006
29,711
18, 809
35, 367
48, 590
33, 968
29, 871
17, 029

81.7
81.1
81.1
82.4
78.3

81.9
80.2
78.6
78.5
79.7

71.4 !
72.1
70. 1
68. 5
6(5.9

128
136
135
132
129

116
107
102
95

13, 224
10,340

149
120
103
113
72

586
546
514
502
743

2,101
1, 996
2, 089
1,883
1,743

18, 175
IS, 064
17, 092
16, 804

23, 196
20, 006
26, 187
26, 443
30, 597

3, 626
3, 121
4, 329
4, 415
5, 1»)1

215
204
170
147

172
365
644
86S
156

89, 070
84, 160
100, 136
61, 433
M, 746

30,114
8, 404
54
2, 675
37

137
130
132

lOfi
98

11,632
11,388

412
222
111

533
747
578

4,191
3, 104
1, 962

32, 513
27, 4S2

42, 077
31, 908
2rts 280

7, 775
5, 694
4, 128

408
278

1, 016
726
441

210, 557
149, 981
83, 909

67^ 098
8, 257

109 9
94.6
80.9

109. 7
90. 7
09. 8

14, 002

1

1

87, 973 : 42, 308

SURVEY OF CURRENT BUSINESS

July, 1932

15

Farm and Food Products
deterioration in grain crops occurred during
SOME
May, according to the Department of Agriculture's
June 1 crop report. Winter wheat production was
estimated at 410,669,000 bushels, a decline from the
May 1 forecast of 30,112,000 bushels and 377,000,000
bushels below the output of a year ago. The forecast
of the rye crop as of June 1 was 38,734,000 bushels,
or 730,000 bushels less than the May estimate. Last
year's crop amounted to 32,746,000 bushels. Prices
received by farmers for their produce showed but slight
change from the level of the previous month, the only
increase being in the fruit and vegetable group, which
showed a gain of 3 per cent.
Livestock movements at primary markets showed a
slight upturn during May. Receipts of all classes of
livestock were the largest since March and of cattle
and calves the largest since December. Shipments of
all types of animals fell off from the preceding month
and were well below May of last year. Slaughter of
animals under Federal inspection during May recorded
declines from April, in the case of cattle and calves,
and sheep and lambs. As compared with May, 1931,
the slaughter of cattle and calves showed declines,
while the slaughter of sheep and lambs remained unchanged. Hog slaughter, on the other hand, reflected
increases over the previous month and the corresponding period a year ago.

Cold-storage holdings of meats and meat products at
the end of May, 1932, were approximately unchanged
from the preceding month. In contrast with the same
period in 1931, such holdings were 5 per cent lower.
Stocks of lard at the end of May were the highest since
June, 1929. Holdings of butter, cheese, eggs, and
poultry reflecting greater production at this time of
the year, increased in May, but remained below a year
ago, poultry excepted.
Processing of foods registered a slight decline from
a month ago, according to the adjusted index of the
Federal Reserve Board, but continues relatively high.
Employment and pay rolls in the industry showed only
fractional changes from the previous month. Wholesale prices of foods declined 3 per cent from the previous month and 20 per cent from a year ago.
Meltings of raw sugar at eight ports during May
amounted to 306,072 long tons, compared with 298,362
long tons in April and 332,556 longs tons in May, 1931.
Stocks of raw sugar at these ports declined 6 per cent
during the month. Shipments and stocks of refined
sugar at Savannah and New Orleans registered increases of 22 and 24 per cent, respectively, over the
previous month. Prices of sugar, both wholesale and
retail, at New York fell off slightly when compared
with the prices that ruled in April, but future prices
have improved during June.

1

J-J 1
Itf.J'i

97.1

92.2

55

110

17

120

89
83
87
88
93
92
91
97

90.8
88.7
88.1
88.1
87.5
85.5
85.9
86.3

73.8
73.3
74.0
74.6
73.7
73. 3
71.0
69.1

62
55
103
83
119
219
159
96

107
118
105
94
92
97
98
97

31
30
104
61
39
33
26
14

198
191
218
243
239
231
230
221

. 76
.67
.47 i
.51
.56
.58
.69
.60

11
13
16
11
8
14
12
11

94
96
84
91
88

85,3
83.7
83.1
83.6
83. 2

64.7
62.5
62.3
63.0
59. 3

89
74
67
51
47

92
87
88
90
111

17
25
13
13
15

212
210
202
183
!72

.61 !
.59
.58 :
. 60 i
.81

10
14
11
10
10

95
91
91

97. 6
90. 6
83.8

94. 9
77.3
62.0

61
64
66

93
97

17
29
17

IIS
201
1!>S

d >^ receipts from Hawaii and Puerto Rico.




M

1.01

1 03
73

. ft)

16

21
17
11

Price, No. 3 yellow,
Chicago
0
-4

97

4>

w

Butter,
apparent
consumption

c

t

Thousands

Millions of pounds

ll

S*o

&
c
o_o

:

§

1
5
Thousands of
bags

1

Con- Stocks,
cold
sump- stortion,
age,
appar- end
of
ent month

Raw sugar 1

s**

Hog receipts

I
«

OT

£-3
^5
o
P

Imports

Meats

1
i
2

CO t£t corfi.v^. Oi Cn Cn

Millions
of
bushels

CC CO CO CO CO

Receipts, principal
markets

Visible supply,
U u i t e d States,
end of month

Price, weighted average, 6 markets,
ail grades

B

ons of

>hels

D o l l a r s per
bushel

j^fN

Monthly
average,
1923-1925 = 100

Ani mals and animal products

W> CTj 00

1930: May
1931:
May.
June
July
August
September
October
November
December
1932:
January
February
Muivh
April
May..
MoTithly average, January through May;
I'MO
_".__

£7

o-g

J3§
Monthly
average,
1923-1925 = 100

Corn

Wheat
Receipts, principal
markets

Wholesale prices

Employment
adjusted

Year and month

Production
adjusted

F. R. B.

Crop marketings

Food products industry

Animal products, marketings

FOODSTUFFS STATISTICS

1, 517

3,293

1,076

950

211

682

915

1,551
1,539
1,488
1,821
1,797
2, 137
1, 866
1,453

2,938
2, 854
2,511
2,454
2,727
3,462
3, 752
4, 210

1,060
1,045
1,012
1, 043
1,067
1,194
1, 020
1,048

1,062
1,014
946
798
638
506
523
736

221
208
198
204
189
187
161
172

353
382
473
532
330
269
189
217

1,415
1, 037
1,100
884
794
907
936
1, 203

1, 376
1, 281
1,377
1, 376
1, S97

4, 218
3,659
2, 939
2, 960
3,050

1, 098
955
1, 024
1, 033
1,039

875
1, 035
1,011
1, 012
1,013

157
156
171
177

»*!

289
437
515
510
457

1, 220
1, 149
1,220
793
1, 05C

1,535
1, 503
1,301

3, 669
3,514
3, 365

1, 017
1,012
1,030

1,007
1,057
9N9

171
171
177

422
379
M2

1, 076
1, 266
1,088

16

SURVEY OF CURRENT BUSINESS

July, 1932

Forest Products
production increased slightly more than
EMBER
seasonally in May, continuing a gradual rise since
the record low point reached last February. However,
total production this year, through the week ending
June 11, has been only about half of output in the
corresponding period a year ago and at the low rate of
22 per cent of normal. Shipments of lumber this year
up to June 11 have exceeded production by 29 per cent,
and excess stocks on hand have been materially reduced.
Employment in the industry reached a new low level
in May, the adjusted index having declined 30 per cent
from that of May, 1931, and 47 per cent from this
month two years ago. Pay rolls also declined to a
new low record in May, there having been a steady
decline during the past year which has altogether
amounted to a drop of over 50 per cent.
Car loadings of forest products, which usually show
a distinct seasonal rise in May, continued the decline
that was noted in the previous month and reached a new
low record for this time of year. Weekly average loadings
were 43 per cent less than in May a year ago and twothirds off as compared with this month two years ago.
Production of southern hardwoods up to June 11
was 57 per cent of output in this period a year ago.
Shipments, which were two-thirds of the volume of a

year ago, were, however, greater than production by
36 per cent in the first 23 weeks of the year, and a
material reduction in existing stocks was accomplished
in this period.
The production of Douglas fir in the first 23 weeks
of the year was 24 per cent of normal and only slightly
more than half of the output in this period last year.
Shipments thus far this year have exceeded production
by 15 per cent, and stocks have been further reduced
to a point 21 per cent less than a year ago. Shipments have exceeded production consistently in the
last three months. New orders thus far during the
current year have exceeded shipments by 8 per cent
and have amounted to 57 per cent of new orders in
this period last year.
Southern pine output declined seasonally iri May to
a level one-third under production in this month a
year ago and 61 per cent less than two years ago.
Production thus far this year has been 32 per cent of
normal, while in this period shipments have been 16
per cent in excess of production, and stocks on hand
had been cut to a volume 22 per cent less than a year
ago. New orders fell off seasonally in May but the
curtailment of production at the same time caused
unfilled orders to remain constant.

FOREST PRODUCTS STATISTICS
General operations

Year and month

Indexes of
marketing

LumEmber
Pay 1 Total
ploy- roll,
proforest
duc- ment, unadprodadtion,
ad- justed justed ucts
justed

..._

May
Monthly average January through Mav:
1930
1931
1932




Douglas fir i

Household2
furniture

Southern pine
jj

Carload| ings,
forest
Naval prodstores ucts i

Production

Production

UnNew filled
orders orders

ThouIsands of
cars .

Monthly average 1923-1925 = 100

1930: Mav_
1931:
May
June
Julv
August
September
October
November
December
1932:
January .
February
March..
April

Southern hardwoods

UnNew filled
orders orders

Production

UnUnPlant filled
New filled
opera- orders,
orders orders
tion end of
month

& i S?S

Millions of feet, board measure

3 ;££tlme

: tion

76

73.9

73.2

79.6

174. 7

51.9

240

195

603 |

77.0

72.9

50.5

258

230

61.0 !

26

48
47
42
38
36
33
27
27

55.4
54.4
52.0
51.1
49.4
48.4
47.4
45.4

45.7
44.6
41.7
41.3
40.3
38.2
34.4
31.2

66.7
67.2
64. 6
64.3
65.7
63.1
56.7
53.3

136. 5
189. 9
186. 7
141. 5 i
111.9 I
114.0
97.2
90.4

32.9
31. 3
26.6
27.6
26.1
24.6
21.9
17.8

146
143
109
101
105
105
105
86

158
176
139
131
131
131
131
105

431
419
402
375
387
374
370
367

41.4
49.9
37.3
34.4
38.8
30.0
29. 0
20.5

37.8
47.8
45. 3
37.7
39.7
30.3
33. 9
23.0

27.1
40.7
41.4
22.2
31.3
16.3
26. 3
17.1

148
127
122
120
117
117
111
78

158
140
147
151
138
135
111
73

84 '
83
83
83
74
58
62
51

70.0
74.0
80.0
73.0
72.0
83.0
72.0
56. 5

i

11
23
22
20
15
11
13
12

27
23
27
28
29

43.9
43.3
41.2
40.2
39.0

26.6
25.9
24.5
23.2
22.2

49.5
51.1
53.4
58.1

26. 1 !
24.1 !
29. 6 1
67.8
102.3

18.4
19.3
20. 0
19. 7
18.7

68
83
90
101

120
105
113
105

356 I
315 1
290
272

24.8
29.0
25.6
20.5
25.0

31.4
28.1
28. 5
21.3
27.0

28.4
27.8
25.3

80
89
104
106
100

106
119
127
110
103

61
74
77
62
62

68.0 ,
73.0 i
59. 0
54.0 :
42.0

17
13
10
7
7

78
47
27

76.6
55.8
41.5

73.4
45.3
24. 5

72.0
59.7

78. 3
67. 4
50.0

54. 6
33. 6
19.2

152

208
168

624
4dl

68.8
44.7
25.0

65. 6
48.7
27. 3

61.2 !
44.2 i

261
159
96

242
173
113

185
107
67

70. 2
66. 4
59.2

25
15
11

Weekly average.

i
i
i
!
i
!

'Grand Rapids district.

160

!
i
!
!

17

SURVEY OF CURRENT BUSINESS

July, 1932

Iron and Steel I n d u s t r y
and steel operations during May were adversely
I RON
influenced by hand-to-mouth buying and the failure
of automotive and railway requirements to bolster the
rate of output. According to the American Iron and
Steel Institute's monthly report, covering 95 per cent
of the industry, operations were placed at 20 per cent
of capacity, as against 23 per cent in April. Including
the near capacity operations of remaining plants supplying automotive requirements, operations during
the month were at a somewliat higher rate. In the
first three weeks of June, in line with the usual seasonal
trend, further recessions in output have taken place.
Fabricated structural steel provided a relatively
bright spot in the industry for May. In contraseasonal trend, new orders increased 40 per cent over
April bookings, which were the largest for the year.
However, the total tonnage booked was only 60 per
cent of the volume reported for May a year ago.
Shipments advanced 5.8 per cent above the April
level, but remained 50 per cent under those in the
same month of 1931.
The Federal Reserve Board's adjusted index of
general operations for May continued a decline
which has characterized the monthly figures since
January. The adjusted index of employment de-

creased 4.3 per cent from April, while the unadjusted
pay-roll index showed a drop of 5.3 per cent.
Further decline in output of pig iron, accompanied by
a loss of seven operating blast furnaces, placed production at a new record low for many years. For the first
five months of the year, total tonnage was slightly
more than half that produced in the corresponding
period of 1931. The decline from April in output of
steel ingots was 10.8 per cent, only slightly more than
the 8 per cent decrease in production which occurred
in May last year. Although it is customary for the
volume of unfilled orders to decrease during May,
total tonnage of bookings reported by the United
States Steel Corporation touched a new all time low,
marking the fourteenth consecutive monthly decline.
Notwithstanding continued efforts to strengthen
prices, little support was given by tonnage volume.
The iron and steel composite price slipped to a
slightly lower level, while steel scrap, in marked absence of demand, declined 8.6 per cent from the April
figure.
Iron and steel exports in May were the largest since
July, increasing 38 per cent over April. Approximately 44 per cent consisted of shipments of scrap;
Imports for the month increased 14 per cent;

IRON AND STEEL STATISTICS
General operations

Iron and
steel

Pig iron

produc-

Year and month

jg™" i Pay
tion
P ° f - j rolls i Ex- Imi (ad- ! ™*nt i u n a d - ports ports
jl
"^>>rtedi|J U8ted

Production

Steel ingots

Furnaces
in
Wast

Production

f

Fabricated
structural
steel

s

United

Prices

M

££i£«™

S- Torts'
i ration,
,[|?™s
Peiunfilled , vHiancent New
Shipof
SdS?!^*
or- ments ! end of co"- I
cat
pac- ders
month tent)
ity

Iron Steel
and billets, Steel
Comsteel Besse- scrap, posite
commer
Chi- finished
pos- (Pitts- cago
steel
ite burgh)

!

:

1930: May
1931:
May
June
July
August
September
October
__
November
December
1932:
January
February
March
April
May
Monthly average, J~anuary through May:
1930
1931
1932

1

Monthly average,
1923-1925 = 100




ThouNura- : sands of Per
ber
long cent
' tons

Thou sands of
sho rt tons

Thousands of
long tons

91.6

95.5

196

47

3, 233

180

3,983

74

279

265

4,059

30

66
60
58
50
45
45 i
51
42 1

74.8
72.6 1
72.1 i
70.3 |
67.4 I
66.2
65. 3
65.4

64.9
57.6
52.4
50.6
45.2
43.9
4.1. 2
41.0

95

1,994
1, 639
1,463
1,281
1, 169
1,173
1,103
980

105
91
82
76
73
70
67
56

2, 506
2, 076
1,886
1,719
1,548
1,592
1, 594
1,302

45
38
34 I
31
28 !
28
30
24

152
172
160
124
194
109
91
98

145
159
181
168
149
144
112
123

3,620
3,479 !
3,405 l

21
37
38

70
59
60
57

30
31
28
22
25
23
23
18

43
41 !
34 i
32
30

64. 0
62.4
60.9
59. 0
56. 5

36. 3
37.2
35.4
32. 1
30. 4

41
40
50
58
80

25
20
35
29
33

973
964
967
853
784

61
64
60
60
53

1, 461
1, 460
1,411
1,240
1,107

27
28
25
23
20

48
62
64
65
91

66 i
78
82
68 |
72

92. 3
76. 3
60.6 |
i

95. 8
66. 8
34.3

213
98
54

42
32
28

3, 065
1, 893
903

180
109
60

4, 032
2, 637
1,336

78
48
25

249
187
66

265
155
73 !

104

109
71
36

Adjusted for seasonal variation.
126591—32

Thousands of long
tons

3

1173

1

i
I
i

Doll a rs per loiig ton

Dollars
per 100
pounds

33.84

32. 50

12.50

2.35

2, 735

31.39
31. 02
31. 05
22
31.05
27
31. 03
30.81
21
9 i 30. 61
30.32
8

29.50
29.00
29.00
29. 00
29. 00
29.00
29.00
28.80

8.88
8.75
8.75
8.38
8.20
8.00
8.00
7.80

2.21
2.19
2.20
2.19
2.20
2.18
2.18
2.16

2, 648
2, 546
2, 472

17
3
2

29. 98
29. 56
29.62
29. 75
29.62

27. 75
27. 00
27.00
27.00
27.00

7. 50
7.15
7.12
7.00
6.40

2.11
2.11
2.17
2.17
2.17

34.84
31.60
29.71

33. 10
29. 90
27. 15

12.94
9.79
7.03

2.41
2.22
2.15

3,169 i
3,145 !
3,119

2,934 i

2,327

14

2, 177

2

4, 387

3,922
2,434

29

17
8

18

SURVEY OF CURRENT BUSINESS

July, 1932

Textile Industry
T?UETHEE slackening in demand and lower prices
-*- for their products caused textile mills to again curtail output during May so as to keep production more
in line with new orders. The Federal Reserve Board's
seasonally adjusted index of textile production in May
averaged only 60 per cent of its 1923-1925 monthly
average, as compared with 65 per cent in the preceding
month. Employment in the textile industry decreased
6.5 per cent after adjustment and pay-roll totals fell
16 per cent.
Consumption of raw cotton per working day averaged 13,037 bales in May, 9 per cent less than in April,
and aggregated only 332,439 bales for the entire month.
New England mill consumption totaled 36,106 bales,
61 per cent less than in the same month of last year,
while consumption in cotton-growing States, 287,655
bales, was 21 per cent less. Spindle activity decreased
from 70.7 per cent of capacity on a single-shift basis
in April to 63.3 per cent in May. Cotton-cloth production in the latter month, as reflected by the output
of 300 classes of cotton goods, averaged 45,929,000
yards per week, 11 per cent less than in April and 19
per cent less than in May a year ago. As a result of
fewer new orders and an increase of 5 per cent in ship-

ments, unfilled orders on manufactiirers' books at the
end of May were 11 per cent smaller than at the end
of April. Sales in May were 18,000,000 yards in excess of cancellations, a much more favorable showing
than in the preceding month. Weakness in prices of
several constructions caused the index of cotton-goods
prices to fall 4 per cent.
A further slowing down in most branches of the
woolen industry occurred in May. Consumption of
wool decreased from 19,954,000 pounds in April to
16,519,000 pounds in May, a reduction of 17 per cent;
activity of worsted spindles decreased from 29 per cent
of capacity in April to 25 per cent in May, and looms
from 21 to 18 per cent of capacity. Operation of
woolen spindles increased 15 per cent and that of wide
looms did not change. The decline in wholesale prices
of woolen and worsted goods, 2 per cent, was smaller
than in the preceding month.
Raw-silk deliveries to American mills decreased 8
per cent from April to May, reflecting a smaller consumption, and were the smallest since June, 1930. A
further drop of 7 per cent was shown in prices of silk
arid rayon, and in May prices of these goods averaged
71 per cent lower than in 1926.

TEXTILE STATISTICS
Cotton manufactures

Woo!

Cotton textiles (23 groups of
textile constructions)

fi
<y

3*

Wool manufactures

Spinning
spindles

Silk

Silk
and
rayon

Looms

Year and month

I5
>

Per cent of active hours to
total reported

Month-1|!
Monthly av- Bales of ly avera ere,
133
erage,
1926=
pounds
1926=
100
100

60

October
November
December.
1932:
,
J aauar y
)
FebruaryMarc
April
May.
Monthly average, January
through May:
1930
1931
1932




52
58
45
26
30

7,366 | 63,258 63,740
6,6>)9 j 54,119 ' 56,794
5,902 51,703 I 53,639
1

Weekly average.

60
57
42
J

i
i
|
I

53 ' I
51 !
37 ,
29 i
25 !
52
57
39

Grease equivalent.

25
22
26
21
18

61 i
48 '
28 i
49 !
56 I
43 I

72.4
45.3
33.6

19

SURVEY OF CURRENT BUSINESS

July, 1932

Miscellaneous Industries
MACHINERY
and pay rolls in the machinery
EMPLOYMENT
industry again declined during May, a continuation of the trend of the past two years. New orders
for foundry equipment showed an upturn during the
month, the first since February. Shipments of equipment, in keeping with the expanded new orders, were
also higher. New orders for machine tools at 25 per
cent of the 1922-24 average showed a slight loss from
the previous month while shipments dropped to a new
low. New orders for woodworking machinery, increased 10 per cent over April, although shipments
were markedly lower.

FUELS
Production of both anthracite and bituminous coal
recorded declines from April, an important factor in
the decline of total industrial output. Crude petroleum
output declined, but the demand for refined products
increased in recent weeks with a consequent lowering
of stocks.

PAPER AND PRINTING
Employment and pay rolls in the paper and printing
ndustry during May declined. As compared with

April, 1931, employment fell 11 per cent and pay rolls
23 per cent. Newsprint paper output during May
amounted to 88,087 tons in the United States and
175,887 in Canada. These figures represent slight
losses from the production of a month ago. In contrast with May, 1931, the declines were more marked.
For the year to date American production amounted
to 460,760 tons, which was 33,464 tons lower than the
corresponding period in 1931.

CEMENT, CLAY, AND GLASS PRODUCTS
The adjusted index of employment in the industry
for May at 45.8 per cent of the 1923-1925 average
showed a loss of 5 per cent ironi the preceding month,
and pay rolls were tJso reduced. Incieases during
May occurred over the previous month in the production a^d shipments of I ortland cement, but the increase was of a ^e^?onal character. The output of
Ulumiiiiiting glassware and polished, pis to glass recorded declines from the m"7iih of April, while the
output of glass containers c r ;ralecl the production of
the previous month. Although no change occurred
over the production of the previous month, increases
were evident at the end of May in net new orders
and stocks.

MISCELLANEOUS INDUSTRIES

\

Year and m o n t h

^

s

50 \! =

Foundry
equipment

s

3

a

o ! l

3< ;
S i *
3 i &<

1930: May
'
1931:
!
Mav
-- - J u n e _ _ _ - - - - - - - ..
. __
July
August- _
_ __ _
_ _
September
October
_ _ .
_ _
_
November
_ _
_
December
.
1932:
January
February
_ _ _ _ _ _
March
April
_
Mav
Monthly average, January through
May:
•
1930
;
1931
1933
__.




BitroAn- tu- Crude leMachine Woodworkjii??
mathra- mi- petro- mn
tools
chinery
cite rious leum rece-,1
ft ning

j[

if
33 ^

3D S

if

£o

01

05

.Erf

v

,1
Si II ~ 3& 2

Monthly
average 19231925=100

Mou ihlv r.v % ra.jc 1 ! ) '. _•1&J1 = 100

102.3 .' 108.3

Production, adjusted

Thoi is an is
of u )llar>

M o n t i . ly avenu re 1923- 925=10!)

",.i
JJ
f
r-fi

5s
fc
Short
tons

Cement, clay,
and glass
products
Cement production,
adjusted

or,

*3

Pay rolls, unadjusted

1 !1

Employment, adjusted

1

Pay roils, unadjusted

Fa p er and p r a n t i n g

Fuels

Km ployment, adjusted

Machinery

M o n t h i v nverage
1923-1925 = 100

92.7

149.4

135

197

779

723

85

93

128

171

118,093

79. 3

76.9

116

67 8
62 4
57 4
54 9
51 2
50 2
48 3
48 9

54.1
40.9
38.7
16.9
31.9
45.9
1^2
26. 3

118.6
90.4
55. 7
37.4
29.6
26.2
32.9
24.9

87
62
72
56
45
51
68

96
95
72
96
92
85
50
57

487
503
533
447
345
377
312
310

513
463
448
572
379
347
257
361

75
75
70

75
74
74
70
70
71
67
64

122
122
122
107
102
116
122
121

161
159
160
161
159
159
155
149

95.3
93. 6
93.0
93. 0
91.1
91.0
89. 7
89.2

! 100.0
96. 6
; 93.6
' 93. 1
! 90.4
! 91.4
; 90. 6
; 91.0

101,202
101,086
99, 548
88, 344
91,241
97,117
94. 149
93, 861

65. 4
64. 4
62.7
60. 1
59. 4
57.6
55. 9
55.0

56. 7
54.4
49. 4
48.1
46.1
43.9
40.9
37.4

94
93
90
83
79
75
67
61

44 5
45 0
42 6
39 1
35 9

20.5
32.9
27.9
13.8
1« £

28.8
15. 7
38.3
21.4
24.5

59
38
33
41
39

47
44
52
51
32

209
220
246
150
165

248
250
195
199
152

54

58
63
70
55
45)

111
109
109
112
192

140
141
136
144

88.3
87. 2
86.2
85. 7
8:4.3

i 85.5
i 83. 5
| 82.4
\ 79. 7
| 77.0

94, 247
87. 157
100, 034
91,235
8S, 087

51.6
51.4
50.1
48. 4
45.8

31.1
32.9
32.2
31.7
30.2

65
56
53
46
40

i
107.0 I 113.2 147.2
79 2 i 70 3
81.2
58.5 41.4
22.7

190.9
74.3
25.7

169
92
42

211
85
45

935
492
198

988
477
209

84
81
65

93
76
59

130
115
109

167
152

103.6 114.3
95.1 | 100.9
88.3 I 81.6

115,727
98, 845
92, 152

80.6
65.0
49. 5

73.0
52.9
31.6

116
90
53

76 3
73 4
70 3
67 8
67 3
65 6
64 6
64 5

!

61 8
61 2 ;
59 2
56 4 '
54 i

62
65
74
66
69

81
81
49

103.2 ; 113.3

SURVEY OF CURRENT BUSINESS

July, 1932

WEEKLY BUSINESS INDICATORS 1931-32
[Weekly average 1923-25=100]

1931
Mar. 7
14
21.—
28
Apr.

'

Klectric power

ft

-d
a

Bituminous
coal

1

Stock prices

Com ni e r c i a l
failures

Money in circulation

Interest rates,
time loans

Interest rates,
call loans

Total loans

Time deposits

Net demand deposits

Bank debits outside N. Y. C.

Detroit factory em
ment

Receipts
!;

I

i

5

03

: : 13
.:

i "o ',! «

j
;

;

5 i a ;: § i s
3 ' HZ " i2 i °
ft* ; OQ .' 5

103.6
105.2
101. Oi 108.9

123.5
123.0
124.2
123. 8

W

! ^

1

58.9
61.1:
76.0^
76.3

66.4 66.1! 118.0
62.3' 67.9
43. 5j 80.9
52.3

80.7'
79.4'
75.3
76.0

29.2
22.3
33.5
22.3

4 ...
11—
18—
25—

May 2.
9.
16.
23.
30.

, 93.4
|-110.5J
87.5i
77.
9
j
84.
0!
77.2 79.6
81.1
78.7
! 98.2i
76.4 78.5 71. o; 75. 8
70.3!
75.
7
78.8
76. 7;
~77.~8 74. 2j 80. 4| 88.2!

June 6
13
20.)
27

75. 9
74.2
73.5
73.9

79 ?
78. 6
76 8
75. 5

70. 0!
69.7!
70.0
70. 3 1

79. 4 1
75. O 1
75.0 "78" 9 76. 3 74. 8 1
75. 0
74.9 79.6

July

4
11[
18.*
25.

74 7
74.7
74.2'
73.2

76 6
77.2
76 7
75.4

70.6^
70.4
69.8
69.5!

75. 1
69.7i
i
75. 1 72.0 > 79.61! 68.2!
79.0(1
74.8
74.8 66.4 77.4 el. 8

222
29.3

73.8
72.3
72.4
71.9
70.7

73.4
73.9
73.6
71 *
71.0

69.3
69.5
69.5^
69 4
68. 9;

79.0
75.0
75.0
75.0 ~5i.~5 77. 5|l1 53.2
78. l!
75.0
75.0. 64.1 79.7 50.0

5
Sept. 5.
2
12.
9
19.
3
26.

69.6
70.0
68.7
67.9

72.7
72.0
71. 5
72.3

68.9'
68. 9
68.9
68.6

1 79.2
75.0
75.0 68. 7 ' 69. 6 | 70.4
] 77. 5 1
75.0
74.9 57.3' 77.0 J S 1 . 0

68.5
68.0
66.4
i 66.0
65.4
«s i

72.2
73.1
70.9
68.7 :
68.2 :

68.1
68. 1
68.2
68.5
68.5

i 81.1
74.9
79.7
74.4
74.3 50.3' 79.4 "46." 1
' 80.3
74.3
74.1 67. 6, 77.2 i"41."7

A7 0

AQ Q

7/1 n

Nov.

Production

i

75.4 _
6.4|i 96. 9! | 76. Si S 82.5
fill
! 77.3"

76.7

'•

i

Finance

Wheat

i
"ft

Carloadings

Construction
tract awards

Fisher's index

Iron and steel
composite

Business Week

Week ending
Saturday »

New York Times

II .
Business Wholesale
prices
activity
1

<7

73.11 7 6 . 1 ! i _ _ _ _
72.0 75.8;
71.8:

75. 8:

163.4163. 7j
163.2!
163.411
163. 2

120.0
119.4!
119.41
119.3'
118.51

118.8 61.8
118.5 60.5
116.5: 57.9
117.0 56.6

96.2! 126.3! 106. 71 131.0
1)0. l i 129.71 106.3 126.0

36.4

36. 4
36.4;
36.4!

76.6 :::..

"A 8

70.0
70.1
69.3
67.5

96.6 119.2 46.1! 76.3 21.3
117.2 44.7; 76.6 22.3 69.3

£2 -73:2

,

61. 0 57.91, 63.7! 71.3, 19. 3i! 55. 9|| 68.6;; 68.3
60.4
61.0
61.4
60.5

113.1|
112.71
114.11
113.9J
112.8!

38.9
38. 2!
34. 3|
34.3

99.81
100. 01
99.4
99.2

101.5:
95.61
105. 2 :
115.2

106.61
107. ll
106. 91
106.9,

144.2
139.5"
134.7.'
134.8:

70.0
65.31
66.4!
66. i j

96.5
96.3
98.
99.0

34.3
34.3!
34. 3j
37.31
40. Ol

99.11
100.4!
101.3!
102. 3 j
103.2

118.7!
117.0!
110.8
109.1
107.1

106.4!
105.6!
104.7!
103.9
103. 6j

129.8
126.7
128.9
128.0
126.5

66. 6'
66.6;
68.4!
69. 6!
73.3!

98.6
109.6
97. 81
98.6!
98.3

113.8;
97. 3
104.7
118. 7

104.2; 123.8
103.3! 115.6
101.4! 107.3 70.9
99.4! 102.2 : 72.8

108.8
111.9
113. 1
113.71
113.5!

133.4'
127.3!
130.7!
135.4!
130.2'

91.4! 114.3!
91. 4j 114.0!
85.7! 113.2J
80. U! 113.01
i
i
80. o! 113. 8!
80.0 113.91
80.0: 115.31
80. Ol 117.9!

126.5,
130.5!
144.5
120. 9j
!
135. 1
141.3'
163.9
138.3

32.7
9.2
10. 4
31.9.
50.0

56.2
54.2
53. 5
56.7
61.3

307.5
248.1
162. 3
149.3
144.7

98.2 83.8
95. 0 92.1
99.8 105.7 38.2
99.6 105.3 3 6 8

83. 5 67. 7
79.7 86.9
89.2131.9'
85.1 176.5

58. 6
56.7
58.2:
60.6;

1C8. 0
117.7
112.1
120.0

103. 1
103.8
117.0
114.3
116.7

39. 5
38.2
36.8
36.8
39.5

95. 6 2f 6. 5
103.2351.9
104.4324.2
120.3 2S6 5
109 8311.5'

72. 4>
69.2,
72.6
77.5
88.9

93. 8
69.5
73.8
106.4
115.3

67. 1
106.0
107.2
67.8!1
67. 4
, 10") 3
62.5 95. 9M 03. 8
74.4 62.8; 95.4 104.2

2^. ( .
32.9
31.2
36.8
35.5

54. 1 126.9 90.0 :
73 4 136. 2 113. 4
70 9146.5 109.6
64.2120.4103.5
60' 4 149. 6 118. 8

31.8
41.4
47.3
52.7
60.6

55.7.88.5
53.5 82.7
62.3 62.7
59.5 77.3

70.1
69.5
64.9.
63. 0[

61.3
42.9
35.0
27.8

30.31' 62.7
28. 9: 61. 7'
28.9 60.9
30.3 63.3
31.6:67.4

74.6 58.7'
46. 2 63. 5
35.8 76.1
41.5 71.3
37.3,71.5;

22.8
29.3
38.2
55.2
43.0

76. 9J 98. 81
76.8! 99.2
99.4
98.9
99.2

94.91
96. 31
95.0!
92.8!
!
90.0;
87.9!
83.9!
85.8!

100.0.
101.7
92.7!
85.5

76. 51
78. 9!
69.1!!
74. 0

120.1
122.7
120. 0
125.2
84.1

83. 1
78.4
74.7:
75.4

130.1
129. T
128. 9
128.3'
127.3.

104.81
104.6
104. 3 60.6
103.5 60. 6!
102.9 60. 61

84.6!
91.41
87.5!
85. 7j
85.7!

116.7 150.4!
117.0 181. Cr
116.3 191.9,
116.0! 210.1
115. 7 199.5!

92.4!
91.8!
91.6!
91.1

126.7!
126.41
125.7!
125.4!

102.7
101.7
101.5
100.9

60.6:
60.6
60.6
60.6!

85.7
84. lj
85.7
85.7!

116.2!
116.2!
115. 9|
115.4!

191.6
170.3
184.5
156.5

100.71
99.5J
99.1
98.0!

60. 6!
60.6
60.6 1
60.6!

84. S|
80.0!
79.11
70.9|

115.21
H4.6!
114. O 1
113.2!

161. 9'
168.3:
174.0
154.3

91.2
92.3
92. 3j
90.9

60.6!
60.6!
60.6
60.6!
60.6

68.6:
68.6!
63.8!
55.3!
46.6J

112.6!
112.7'
112.2:
112. lj
111.8!

149. 9
149.1'
160. 4:
162. 9!
164.6

60.4! 88. 8! 103.4
45. 4! 87. 9| 106. 9
48.4! 88.9 104.8
46. 3i 88.2 108.9
46.2
87.3 104.6

91. I j 125. 7|
58.0
58.3 j.3i 71.4 j 24.8! 60.0! 68. Oi. 65.2!; 90.8 126.0,
| 61. O j |
[; 68. 6 91.0 125.4'
57.6 63.11 71. 4 I
89.8 125.2
56.8

i

79.4
77.2
75. 3
92.4
99.7

97. 7
97. 4
99.3
96. 0

98.3
97.5:
96. 4i
95.0l
94. 81

88. 4|
87.4!
88.5:
89.11

40.8'
42.1
43. 4
42.1
40.8

2. 7
1.6
9. 2 '
6. 4''

70. 9i 95. 4
61.8! 94.8
64. 9J 92.
64.11 90.8

102. 8: 35. 5
103.0 34.2:
103.6: 32.9!
103.8 31.6:

30-

90.6
90.0!
90.9!
91.5!
92.3!

May 7..
14..
21..
28..

91. &!
56. l! 58.3! 61.4 71.6-1 32. 7| 54.0 69.0 60.9, 92.3
92.
2!
55. 7i 57.1: 61.1 71. 5 i 33.9! 53.8
65.5
55.4 57.3|! 60.2 71.4^ 44.9! 54.3 69.6 57.8 92.4|

125. 8J 94.8| 60. 6
125.9| 93.8! 60.6
125. li 93. 3 60. 6;
125.1! 92.7 60.6.

45.7!
38. 2 1
34. 3|
34.3!

112. 5 j
112. 4 !
112.4!
112.0!

147.7; 82.6! 50. 5'I 43.8
162.7! 82. 2| 50.1
176.9- 79.51 49.8 42. Ol
44.7 41.6|
174.0;

85.8
86.3
86. 2
85.5

108.1
107.4
106.8
104.1

31.6;!
32.9'
31.6}
30.'

64.6
58.9
57.0
62. 7

19.2
25.8
19.2
31. 9

66.6! 49.9
75.7 71.8
70.0 90.9
79. 2 91.6

June 4.
11.
18.
25.

55. l! 55.9IJ 60.2 71.4:
i 4f. 7 ... 71.0 91.9!
54.8! 56.41! 59.6 71.4 i 27.7! 52.3 70.8 64.8, 91.0!
55.4 55.511 59.3 71.3! 26.5! 54.1
61.4| 92. 1!
' 59.5: 71.3 i
i04. 9 90.4'

124.91
124.01
123.5;
122.8'

34.31
34.3!
34.3:
34.3

112.81
112.7!
113.0;
114.41

136. T
140.3
147.7!
150.6!

75.4 41.7 40.3
79.11 41.7 38.9
79.0 42.9 29.2
79.1

:2.9
86. ll
86.61
I

104.7 26.3'
104. 8 23. :
105.5 21.1
103.5 19.7

48.7
57. 9
58.5
60.1!

26.2
17. 7
11.8
19.6

62.6 73.8
61. 9 60.9
61.2.
45.6.

Apr. 2..
9..
16..
23-.

125.3
124.7
124.2!
124,7J
125. 4|

97.7|
96.5!
95.81
95.81
95.11

93.1
91.21
92.1
90.5

60.6
60.6
60.6
60.6,

!

I

I

1 Sources of data: Composite business index, New York Times; composite business index, Business Week, McGraw-Hill Publishing Co.; Fisher's wholesale price index,
The Irving Fisher Syndicate; iron and steel composite price, Steel; construction contract awards, F. W. Dodge ^Corporation; frejght-carjoa dings, American Raiiway^Assoaationj
Detroit factory employment, Detroit Board of Commerce; bank <
Company; bond prices, interest rates, and steel ingot production, Wa
merce, Bureau of Mines; electric power production, National Electric ... „ .
Departmnct of Agriculture; cotton receipts. New York Cotton Exchange: wheat receipts, Bradstreets.
2 The actual week does not always end on the same day. Earlier data will be found in the March, 1931, issue.




SURVEY OF CURRENT BUSINESS

July, 1932

21

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

1931

1932
Item

1930

1929

June June June June June June June June June June
18
22
11 27 20
25
13 28 21
29

Business activity:
New York Times *
55.4 54.8 73.9 73.5 74.2 91.3 90.9 110.1 108.9
Business Week * 1
55.5 56.4 75.5 76.8 78.6 100.3 94.7 107.8 110.8
Commodity prices, wholesale:
Department of Labor,
1926=100—
Combined index (784) __
63.7 63.8
Farm products (67)
45 4 45 8
Foods (122)
58 5 58 6
Fisher's, 1926=100—
Combined index (120) . . _59.5 59.3 59.6 70.3 70.0 69.7 85.7 86.2 97.7 97.5
Agricultural (30)
42.9 42.5 42. 6 62.1 61.4 60.4 88.0 88.8 101. 6 101.2
Nonagricultural (90) __ 62.9 62.9 63.4 72.8 72.8 73.0 84.2 84.6 95.5 95.5
Copper, electrolytic
37.7 37.7 37.0 57.2 56.5 58.0 84.1 85.5 129.0 129.0
Cotton, middling, spot
19.5 19.5 18.8 38.2 32.4 32.0 50.0 51.8 68.0 68.0
Iron and steel composite. _ 71.3 71.3 71.4 74.9 75.0 75.0 80.8 81.0 89.0 89.3
Construction contract
awards
138.2
78.9 172.8
26.5 27.7 79.6
Distribution: Car loadings..
76.3 97.7 ~96.~6 114.4 ili.'e
54.1 52.3 79.2
Employment: Detroit factory
128.2
74.8 99.0
70.8 73.2
Finance:
Failures, com'l (number) 150.6 147.7 140.3 103. 7 114.7 116.5 120.4 119.7 104.4 104.9
Security prices —
Bond prices
,
79.1 79.0 79.1 106. 5 106. 1 105.8 106.1 106.4 104.2 104.5
Stock prices
40.5 42.9 41.7 143.0 130.0 130.8 192. 2 197.7 268.2 261.2
* Computed normal=100.

^ Latest week is preliminary.

1930

1931

1932
Item

1929

June June June June June June June June June June
11 27 20
13 28 21 29 22
25 18

Finance— Continued:
BankingDebits, outside N. Y. C.
(da. av.)
Federal Reserve reporting member banksDeposits, net demandDeposits,
time
Loan5! total
Interest ratesCall loans
Time loans _
Money in circulation
Production:
Bituminous coal__
Electric power f
Lumber X
Petroleum (da. av.)
Steel ingots
Receipts, primary markets:
Cattle and calves
Hogs
Cotton
Wheat

64.9 61.4 64.8 84.5 99.0 87.7 125.2 132.5 123.0 140.1
90.5 92.1 91.0 110.0 109.7 112.2 112.3 112.9 107.8 107.1
122.8 123. 5 124.0 158.1 158. 6 161.6 162.6 159.4 149.2 148.3
90,4 92.1 91.2 116.3 116.7 117.1 136.5 137.0 133.4 132.4
60.6 60.6 60.6 36.4 36.4 36.4 54.5 60.6 212.1 169.7
34.3 34.3 34.3 34.3 34.3 34.3 74.3 81.8 217.1 185.7
114.4 113.0 112.7 98.1 98.3 97.5 92.0 92.3 96.4 96.1
39.2 38.9 66.1 64.9 65.3 78.3 78.3 94.4 90.5
86.6 86.1 98.1 96.6 97.3 102.3 101.9 103.4 102.2
38.6 40.8
75.1 77.7
103.5 105.5 104.8 117.2 119.2 118.2 125.3 124.8 135.1 132.7
19.7 21.1 23.7 44.7 46.1 50.0 84.2 86.8 123.7 125.0
60.1 58.5 57.9 76.6
45.6 61.2 61.9 69.3
19.6 11.8 17.7 22.3
40.1 60.9 65.6

76.3
68.9
21.3
58.5

65.8
61.8
24.2
72.9

52.2
80.3
11.5
62.2

67.7
80.6
17.3
57.4

72.5
81.7
18.4
94.5

74.1
76.7
27.7
78.9

XAverage same week 3 latest years = 100.

t Weekly average 1928-1930=100.

WEEKLY BUSINESS STATISTICS
1931

1932

Item

1928

1929

1930

June 25 June 18 June 11 June 27 Tune 20 June 28 June 21

June 29

June 22

June 30

June 23

COMMODITY PRICES, WHOLESALE

0. 052
.053
1.61
29.52
.46

0. 051
.051
1.63
29. 56
.48

0. 079
.104
2. 10
30. 99
.60

0.078
.088
2.14
31.03
.74

0.116
.136
2.73
33.44
.84

0.118
.141
2.74
33.52
.90

0.178
. 185
3.32
36. 84
1.09

0.178
.185
3.35
36. 96
1.02

0.145
.228
3.36
35. 05
1.45

0.145
.218
3.34
35.20
1.49

3,417
2,847

3, 509
3,004

4,834
3,916

6, 375
4,588

8,948
5,810

10, 027
6,145

9,752
5,708

10, 144
6,496

8,670
5,420

11,071
6,431

2,766
66
496
1,692

2,830
36
502
1, 645

3,558
106
198
619

3,526
107
185
599

3,232
102
232
577

3,234
133
207
598

3,073
83
1,017
150

3,047
87
959
139

2,738
223
1,032
212

2,737
224
991
223

11,119
5,601
7, 572
4,338
11,515
4, 828
6, 687
2.50
1.50
3.65
601
5,485

10, 991
5, 624
7, 315
4,077
11, 397
4,798
6,599
2.50
1.50
3.68
571
5,473

13, 286
7, 169
7, 803
4,094
14, 540
6.703
7,837
1.50
1. 50
4.86
422
4,765

13, 255
7,191
7,843
4, 094
14,641
6,720
7,862
1.50
1.50
4.86
467
4,773

13, 566
7,273
6, 081
2, 877
17, 059
8,479
8,580
2.25
3.25
4.86
490
4,468

13, 638
7,228
5,989
2,849
17, 128
8,608
8, 520
2.50
3.58
4.86
487
4,482

13, 018
6, 763
5, 729
2,895
16, 678
7,539
9,139
8.75
9.50
4.85
425
4,683

12, 940
6, 724
5, 755
2, 935
16, 543
7,382
9,161
7.00
8.13
4.85
427
4,669

13, 204
6,930
6, 199
3,014
15,806
6, 888
8, 918
6.88
6.00
4.88
423
4,740

13, 290
6,916
6,215
3,045
15, 834
6, 911
8, 922
6.13
5.88
4.88
447
4,727

49,819
70.78
4, 456
41.68
36. 7
36.0
59.6
15.9

54,118
70.82
6,050
40.47
33.5
33.0
54.2
13.8

70, 232 53, 862
95.35 95.03
21, 620 7,110
138. 86 126. 26
93.1
103. 2
84.1
94.5
150.9
163.7
74.4
80.1

54,372
95.01
15, 038
186. 67
145.8
136.2
211. 4
122.1

63, 907
95.26
26, 487
192. 02
139.8
130.6
202.8
117.2

76, 630
95.35
19, 848
260. 47
195.9
194.5
246.1
149.7

55, 293
93. 55
17, 045
253. 71
191.7
191.5
237.4
144.6

53, 406
97.09
9,427
186. 31
144.4
147.5
146.4
125.7

49, 783
97.07
11, 043
181. 48
140.6
143.0
143.7
124.2

667
1,442
2,198
16
4,252

663
1,435
2,183
18
4,447

1,125
1,635
2,442
34
12, 779

1,106
1,610
2,482
35

1,333
1,704
2,611
64
27, 746

1,333
1,698
2,599
66

1,580
1,723
2,815
94
22, 186

1,541
1,703
2,765
95

1, 430
1,480
2,384
72
23, 062

1,421
1,480
2,376
72

245
583
65

48
1, 358
38
518, 409
71,544
17, 140
25, 873
15,360
175, 925
4,290
208, 277

13
2,248
35
501, 760
69, 480
17, 074
24, 623
15, 212
176, 681
3,141
195, 549

25
1, 739
225
759, 290
124,216
30, 621
41, 859
18, 810
216, 229
30, 152
297, 403

12
2,028
135
739,094
114,782
30, 555
32, 771
19, 549
217, 136
30, 640
293, 661

49
1,828
231
936, 690
146, 912
47, 947
48, 846
20, 543
239, 544
61, 034
371, 864

74
1,619
165
920, 645
141, 831
49, 637
39, 697
21, 325
240, 756
63, 193
364, 206

154
1,031
285
1, 096, 569
174, 332
69, 498
51, 963
22, 973
260, 705
76, 657
440, 441

103
594
182
1, 069, 874
165, 746
70, 903
45, 327
23, 353
259, 376
75, 432
429, 737

177
512
192
1, 003, 699
155, 994
66, 809
36, 797
24, 213
258, 899
68, 335
392, 652

188
394
134
987, 360
154, 284
67, 312
33,397
24, 380
256, 466
65, 525
385, 996

thousands..
190
296
thousands
51
thous. of bales
thous. of bush-thous. of lbs._ 2,134

185
397
32
3,184
14, 356

183
402
46
4,840
4,568

242
450
58
5,213
10, 527

241
447
58
4,644
8,736

165
521
30
4,940
20, 752

214
523
45
4,558
13, 599

229
530
48
7,509
12, 498

234
498
72
6,266
9,331

242
498
69
4,247
12, 048

230
539
61
2,887
10, 664

dolls, per lb__ 0. 052
.053
dolls per Ib
dolls, per lb_. 1.62
dolls, per ton__ 29. 52
dolls, per bush.. .43

Copper, electrolytic, New York
Cotton, middling, spot, New York
Food index (Bradstreet's)
_
Iron and steel composite
Wheat, No. 2, hard winter (Kansas City)

FINANCE
Banking:
Debits, N Y. C
mills of dolls 3, 141
Debits, outside N. Y. C
mills, of dolls 3,009
Federal reserve banks2, 766
Reserve bank credit, total
mills, of dolls
54
Bills bought
mills of dolls
488
Bills discounted
mills, of dolls
U. S. Govt. securities
mills, of dolls_. 1,730
Federal reserve reporting member banksDeposits, net demand
mills, of dolls 10, 926
Deposits, time . ...
_
.
mills, of dolls. . 5,568
7,522
Investments, total
mills, of dolls
U. S. Govt. securities
mills, of dolls.. 4,298
Loans, total
mills, of dolls 11, 297
On securities
mills, of dolls.. 4,778
All other
mills, of dolls 6,519
Interest rates, call loans
.
per cent-- 2.50
Interest rates, time loans.
per cent-- 1.50
Exchange rate, sterling (da. av.)
dollars.. 3.61
613
Failures, commercial
_
. . _.
number
Money in circulation
.
„ mills, of dolls. _ 5,556
Security markets:
Bond sales, N Y S E
thous dolls par value 58, 078
Bond prices, 40 corporate issues
dollars _ 70.81
3,042
Stock sales, N Y S E
thous of shares
Stock prices (50) (N. Y. Times)
„
dolls, per share-- 39.31
Stock prices (421) (Standard Statistics)
. 1926=100
34.5
Industrials (351)
1926-100
34.0
Public utilities (37) _
._
1926=100.. 55.0
Railroads (33)
1926=100
14.9

PRODUCTION, CONSTRUCTION, AND DISTRIBUTION

Production:
Bituminous coal (da av )
Electric power
Petroleum
_._
Steel ingots
Construction contract awards (da. av.)
Distribution:
Exports —
Corn
_
Wheat
.
.
Wheat
flour
Freight-car loadings, total
Coal and coke _-~
_Forest products
Grain and products .
Livestock
Merchandise. 1. c. 1
Ore . . . .
Miscellaneous
ReceiptsCattle and calves
Hogs
Cotton into sight
Wheat, primary markets
Wool, total, Boston




thous of tons
mill, of kw. hours..
thous. of bbls.. "2," 156"
per ct. of capacity...
15
thous. of dolls_.
thous. of bush..
thous. of bush
thous of bbls
cars
. . .-.cars.cars_.
. . . cars
cars..
cars
_.
cars .
cars
.

22

SURVEY OF CURRENT BUSINESS

July, 1932

Monthly Business Statistics
The following summary, showing the trend of industrial and commercial movements, represents a continuation of the data in the 1932 Annual Supplement of the Survey of Current Business which contains figures for
earlier years and explanations of the sources and basis of the figures quoted. Later data will be found in the
Weekly Supplements of the Survey. The arrangement of months was changed with the June, 1932, issue.
1932

Earlier dataf together with explanatory
footnotes, may be found in the 1932
Annual Supplement to the Survey

May

1931

May

June

July

1932

|

October No^mAugust September

D

«£ D - ! January February

March

April

BUSINESS INDEXES
BUSINESS ACTIVITY (Annalist)
Combined index _ __
Automobile production
Bituminous coal production
Boot and shoe production
Carloadings, freight
.
Cotton consumption
Electric power production
Pig-iron production
Steel ingot production
Wool consumption
_
Zinc production

js'Sfufcto...

normal=100_.
normal = 100..
normal=100_.
_normal=100__
normal=100__
normal =100
normal=100._
normal=100__
normal = 100. .
normal = 100. _.
normal = 100. .

53.1
41.6
47.7
84.0
51.2
55.7
68.8
22.5
23.2

2

78.1
75.3
73.6
110.8
76.2
77.0
83.7
58.3
54.2
108.0
49.3

76.5
63.8
73.7
103.5
73.7
81.1
84.2
52.8
48.4
110.3
49.1

78.2
59.6
73.8
103.3
74.0
89.2
86.0
47.4
45.6
129. 8
44.8

73.5
49.4
71.4
103.9
70.7
81.7
81.7
42.0
40.9
115.0
44.3

70.8
40.4
69.4
94.5
67.3
83.9
81.8
39.4
37.3
101.3
45.3

66.3
26.2
68.3
74.4
67.9
74.1
78.1
37.4
35.5
82.1
44.1

65.1
33.4
66.6
71.9
65.8
72.8
76.2
36.3
40.7
75.4
41.9

65.5
59.7
64.6
80.7
65.6
72.1
76.9
31.9
32.7
67.8
43.0

62.8
43.7
57.1
82.3
62.8
70.3
73.5
31.5
32.7
71.0
41.6

62.6
33.5
62.5
90.7
61.7
71.5
73.1
31.5
31.1
71.7
41.9

61.6
27.4
74.5
2 97.1
60.1
73.2
272.3
27.9
26.4
60.6
41.3

83
82
74
115
83
91
60
95
48
68
100
158
130
135
91
144
85
66
66
68
90
59
124
47
52
83
82
65
93
83
89
60
99
47
68
107
159
108
108
96
132
86
75
74
67
46
58
122
47
54

80
79
63
110
87
87
54
97
41
62
95
159
111
107
93
131
85
57
67
57
113
60
125
40
45
82
82
60
90
87
88
58
98
42
65
109
160
114
73
100
121
86
70
74
59
56
62
122
47
49

78
77
56
107
84
76
49
113
40
63
94
161
93
100
94
126
82
62
69
58
120
63
109
45
46
78
78
52
83
88
75
50
102
38
65
105
161
94
68
99
118
79
62
70
59
59
66
107
45
49

77
76
43
99
92
58
44
108
36
64
95
159
77
82
101
130
82
66
74
59
99
61
105
40
47
76
75
40
79
93
57
45
95
36
65
104
159
80
82
100
118
77
65
70
60
52
65
102
42
49

75
72
23
85
92
56
44
88
34

,3
71
22
67
95
46
47
75
26

68
66
36
47
99
73
37
71
25

71
70
38
40
98
66
41
79
24

71
70
37
34
91
81
43
91
23

68
66
34
38
83
51
39
94
28

64
63
45
45
84
61
35
87
30

91
159
67
70
95
120
92
95
78

91
156
63
118
92
117
84
68
75

85
149
61
66
83
91
80
68
68

99
140
85
17
94
116
74
59
65

100
141
93
116
91
104
75
62
66

99
136
81
151
83
203
77
67
70

166

144
82
111
67
100
72
85
46

71
68
117
40
46
73
71
26
75
92
56
45
81
33

10
61
120
41
45
73
71
36
67
91
48
51
77
27

62
117
43
46
74
73
66
61
97
98
42
82
27

60
107
35
48
72
71
45
65
93
75
43
85
27

56
107
33
49
70
68
35
56
90
75
41
89
23

56
107
30
48
67
64
28
53
84
47
34
92
27

45
112
42
45
64
61
35
46
91
55
32
89
28

100
159
76
96
93
111
84
74
71

97
155
84
134
89
113
81
66
67

97
149
88
86
88
113
85
69
64

101
140
92
24
89
124
77
54
58

110
141
85
164
86
114
78
58
63

99
136
73
194
83
109
84
81
70

97
144
70
115
65
109
79
81
55

39

89
90
98
111
87
114
72
99
51
72
104
160
136
145
96
137
84
75
65
68
42
73
124
51
55
87
86
78
94
89
105
66
107
48
73
111
161
115
115
97
135
87
75
75
68
28
75
122
53
54

41
66
116
41
47

12
58
122
38
45

62
121
43
45

59
111
35
45

54
109
31
46

55
109
30
45

45
112
45
44

83.0
77 3
71.1
79.7
93 6
94 0

109.8
101.3
104.4
109.2
118.2
119.1

101.7
91.5
98.4
102.7
114.3
106.4

97.9
95.7
100.6
92.1
117.5
96.8

97.3
99.5
89.9
90.0
112.8
108.8

100.4
104.0
97.0
92.6
113.8
102.3

97.1
103.3
87.5
87.4
113.2
102.2

98.8
99.6
86.4
89.5
119.3
111.0

89.1
89.2
84.2
85.2
100.0
98.3

93.9
89.6
87.2
89.5
108.1
106.0

98.8
95.4
93.0
93.1
106.7
103.7

88.0
84.2
83.7
82.4
95.2
97.0

84.0
80.5
73.1
78.3
293.9
96.2

83.0

109.8

101.7

97.9

97.3

100.4

97.1

98.8

89.1

93.9

98.8

88.0

84.0

71 2

89.7

71.3

55.9

43.6

53.7

57.4

65.5

78.1

83.6

85.3

72.8

64.4

125 2
120 4
75.6
70.4

133.8
126.8
81.0
97.2

132.7
136.2
85.4
86.3

137.7
147.0
83.8
76.9

137.6
146.4
77.1
79.4

144.6
142.0
81.9
82.2

142.0
136.5
81.8
82.2

138.9
144.0
75.2
76.4

118.2
124.8
79.2
67.0

134.3
127.2
67.6
81.9

137.1
129.5
90.6
86.8

125.1
114.9
86.7
78.2

125.0
117.5
73.9
76.1

36.0

56. 5
232.7
54.0
289.0
58.2
56.8
270.4
24.9
25.0
45.0
240.0

INDUSTRIAL PRODUCTION (F. R. B.)
Total, unadjusted
1923-1925=100..
Manufactures, unadjusted.. . 1923-1925 = 100_ .
Automobiles
1923-1925 = 100..
Cement
1923-1925-100
Food products
1923-1925 = 100..
Glass, plate
1923-1925 = 100. _
Iron and steel
1923-1925 = 100..
Leather and shoes
1923-1925 = 100
Lumber
1923-1925 = 100
Metals, nonferrous
1923-1925 = 100
Paper and printing
1923-1925=100.
Petroleum refining
1923-1925 = 100
Rubber tires and tubes
1923-1925=100
Shipbuilding
1923-1925 = 100..
Textiles
_
1923-1925 = 100..
Tobacco manufactures
1923-1925 = 100..
Minerals, unadjusted
1923-1925 = 100..
Anthracite
1923-1925 = 100
Bituminous coal
.. _ .1923-1925 = 100. _
Copper (mined)
1923-1925=100
Iron ore shipments
. 1923-1925=100
Lead
1923-1925=100
Petroleum, crude
1923-1925 = 100
Silver
1923-1925-100
Zinc .
1923-1925 = 100
Total, adjusted .
1923-1925 = 100
Manufactures, adjusted
1923-1925 = 100. .
Automobiles
...1923-1925=100
Cement
1923-1925 = 100
Food products
. 1923-1925=100
Glass, plate
1923-1925-100
Iron and steel
. 1923-1925 = 100
Leather and shoes
1923-1925=100
Lum ber
1 923- 1 925 — 1 00
Metals, nonferrous
1923-1925 = 100
Paper and printing
1923-1925 — 100
Petroleum refining
1923-1925 = 100
Rubber tires and tubes
1923-1925 = 100..
Shipbuilding..
., 1923-1925=100
Textiles
1923-1925 = 100
Tobacco manufactures
1923-1925 = 1 00. .
Minerals, adjusted
1923-1925 = 100
Anthracite
1923-1925-100
Bituminous coal
1923-1925=100
Copper (mined)
1923-1925=100
Iron ore shipments .
1923-1925=100
Lead . . .
1923-1925 = 100
Petroleum, crude.
1923-1925 = 100
Silver
1923-1925 = 100
Zinc
1923-1925=100

62
57
55
87
36
33
79
31

61
111
62
49
43
3
48
103
40
61
60
45
46
88
33
30
86
29

60
110
64
49
49
2
49
102

INDUSTRIAL CONSUMPTION OF
ELECTRICAL ENERGY
Consumption, by geographic sections:
Total, United States. .. . 1923-1925=100
Middle Atlantic
1923-1925=100
New England
1923-1925=100..
North Central
1923-1925=100
Southern.. .
1923-1925=100
Western
1923-1925=100
Consumption by industries:
L Total, all industries
—.1923-1925 = 100..
Automobiles, including parts and accessories
1923-1925 = 100
Chemicals and allied products
1923-1925 = 100
Food products
1923-1925 = 100
Leather and products
1923-1925=100..
Lumber and products
1923-1925=100..
1
Revised.




SURVEY OF CURRENT BUSINESS

July, 1932
Earlier data, together with explanatory
footnotes, may be found in the 1932

1931

1932

Annual Supplement to the Survey

23

May

May

June

July

August

1932
1

-

October I Nob^m-

Been. January

F

ar^

March

66 0
101 7
64.8

61 6
95 g
59.7

69 0
114.4
96.8
2
84 5
81.0
2
86 0

64 7
105.5
88.3
91 1
98.7
69 6

55
90
105
148
75
109
41
«51
50
54
MO
99
58
241
52
68
2122

April

BUSINESS INDEXES—Continued
INDUSTRIAL CONSUMPTION OF
ELECTRICAL ENERGY-Continued
Consumption by industries— Continued.
Metals, group
1923-1925=100
Electrical apparatus
1923-1925 — 100
Metal-working plants
1923-1925 = 100..
Rolling mills and steel plants
1923-1925 = 100
Paper and pulp
.1923-1925=100
Rubber and products.
1923-1925=100..
Shipbuilding
1923-1925 = 100
Stone, clay, and glass
1923-1925=100..
Textiles
1923-1925=100

95 3
56.3

98.5
136 7
94.0

81.5
135 2
78.6

74 5
133 4
69.3

75 0
126 9
73.3

76 2
132 6
75.0

73 0
130 4
71.0

76 4
126 9
76.0

70 6
123 5
70.9

71 3
120 0
72.7

76 0
122 2
74.8

63.7
105.8
90.5
87.8
97.3
65.2

106.8
135.1
122.3
89.7
132.0
103.7

86.6
112.4
121.0
84.8
118.7
100.5

83 1
104.0
97.4
82.0
104.8
98.2

78 0
121.7
98.5
85.6
105.9
95.0

78 3
138.3
88.0
88.9
113.9
98 7

76 3
113 0
82.8
84 5
113.4
98 2

77 0
126. 1
93.5
95 0
113.8
93 4

70 0
107. 0
79.2
94 6
276.8
89 8

77 6
109.3
104.0
93.2
77.1
87 8

78 2
116. J
112.0
99.2
90.0
96.8

53
111
160
153
77
116
77
47
30
83
44
94

67
107
131
139
80
126
197
62
29
102
69
136
67
35
63
137
106

62
118
157
145
78
116
405
55
9
89
69
166
67
28
62
190
94

103
105
124
161
73
89
573
103
23
139
183
103
65
20
61
187
76

85
94
96
189
83
88
260
83
29
155
129
64
64
17
63
142
64

117
92
91
160
88
88
125
119
152
129
80
103
58
22
57
112
57

207
97
93
141
104
75
50
219
367
191
84
132
63
31
60
114
82

153
98
95
117
96
117
47
159
277
97
66
79
57
31
53
97
89

297
97
100
80
90
137
40
96
160
63
42
71
51
34
46
90
94

89
92
103
89
89
78
37
89
133
68
46
82
250
30
46
26
108

75
87
104
114
79
78
39
74
80
75
64
86
51
43
47
24
103

69
88
160
180
73
92
28
67
77
69
43
111
53
42
48
30
2 110

53
58
36
103
52
97
37
57
62
48
52
27
42
83

56
58
48
91
60
91
8
56
60
51
52
27
39
83

48
56
35
93
49
87
4
51
58
38
51
27
41
75

46
47
33
91
47
90
6
47
53
34
49
26
39
68

48
56
31
96
50
99
0
46
53
29
63
27
35
68

«43

29
91
44
102
4
44
52
24
63
27
34
66

41
37
28
81
42
98
5
43
49
26
65
25
33
64

36
36
24
69
36
85
23
40
46
28
37
23
31
59

39
34
29
85
35
92
2
43
50
35
45
29
37
61

36
34
22
86
36
92
0
40
48
30
44
27
39
55

36
32
23
85
237
93
1
236
247
24
36
28
30
43

139
118
127
97
106
139
80
219
126
121
175
91
154
88
190
122
161

2133
117
122
106
101
137
78
214
130
121
164
91
146
88
178
128
149

134
116
116
111
104
130
78
203
129
113
155
89
147
87
192
138
134

137
115
97
105
129
77
200
129
102
144
90
155
85
213
148
133

142
107
118
81
105
123
80
201
128
94
151
87
167
100
204
152
170

160
104
125
68
100
125
80
202
122
96
148
87
201
121
212
164
250

169
105
129
67
104
123
82
201
124
93
168
91
214
134
207
167
290

166
108
124
72
108
128
85
200
125
96
166
97
209
125
201
155
289

161
2108
128
81
102
108
86
200
124
91
193
95
199
116
191
147
279

2159
2 109
136
87
98
101
84
197
126
104
192
93
195
107
193
142
268

2 156
2 110
135
84
98
99
83
197
148
112
197
290
188
196
134
251

2150
2108
133
85
95
99
285
200
136
112
2184
87
179
297
189
129
235

251
435
152
238
288
211
261
135
246
249

255
438
156
232
291
233
279
133
248
248

263
443
161
240
297
207
319
138
248
240

267
44$
165
234
298
213
357
135
245
233

261
447
173
213
300
228
376
124
243
203

271
463

275
482

276
512

267
512

261
520

273
547

265
532

216
315
221
376
122
243
207

227
329
216
366
126
243
210

216
378
213
346
130
246
220

222
341
227
297
124
240
226

207
345
241
294
120
246
213

229
344
239
288
121
244
237

218
344
243
278
103
243
231

84.9
75 4
81.5
90.5
80 3
94.6

83.9
74.2
79.9
90.5
79 3
94.3

83.1
73 8
78.2
90.3
78 5
94.2

81.4
72 0
74.8
90.0
77 1
93.9

80.1
70 4
72.1
89.6
76 2
93.8

79.6
69.7
71.9
88.9
75.7
93.2

78.8
68.4
71.0
87.0
74.6
93.0

2

MARKETINGS
Agricultural products
Animal products
Dairy products
Fish
Livestock
Poultry and eggs
Wool
Crops
Cotton
Fruits
Grains
Vegetables
Forest products
Distilled wood
Lumber
Naval stores
Pulpwood

1923-1925 = 100..
1923-1925=100
- 1923-1925 = 100. .
1923-1925 = 100
..1923-1925 =100..
1923-1925 = 100. .
1923-1925 = 100..
1923-1925=100. .1923-1925-100..
1923-1925 = 100..
1923-1925=100-.
1923-1925-100
1923-1925-100.
1923-1925= 100..
1923-1925-100
1923-1925 = 100. _
1923-1925 = 100-.

ORDERS
Orders, new
19231925-100
Iron and steel
1923-1925—100
Lumber and products
1923-1925—100
Paper
1923-1925—100
Stone clay and glass
1923 1925—100
Textiles...'.
_
1923-1925=100..
Transportation equipment- .1923-1925 =100..
Orders, unfilled
_
1923-1925=100..
Iron and steel
1923 1925—100
Furniture and
flooring
1923-1925—100
Paper
1923-1925 - 100
Brick and glass
1923-1925—100
Textiles
1923-1925=100
Transportation equipment . . 1923-1925 = 100. .
STOCKS
Domestic stocks
1923-1925—100
Manufactured goods
1923-1925 = 100. .
Chemicals and allied prod 1923-1925—100
Food products
1923-1925 — 100
Forest products,..
1923-1925=100..
Iron and steel products
1923-1925=100
Leather
1923-1925 — 100
Metals, nonferrous
1923-1925=100
Paper, newsprint. . 1923-1925=100
Rubber products
1923-1925=100
Stone, clay, and glass
1923-1925—100
Textiles
.
1923-1925=100
Raw materials
1923-1925=100..
Chemicals and allied prod 1923-1925=100
Foodstuffs
1923-1925 = 100
Metals. .
.
_ 1923-1925=100
Textile materials
1923-1925 = 100. .
World stocks — foodstuffs and raw materials:
Total...
1923-1925=100..
Coffee— adj. for seasonal ..1923-1925=100
Copper— unadjusted
1923-1925—100
Cotton— adj. for seasonal.. 1923-1 925 =100..
Rubber—unadjusted
1923-1925 = 100. .
Silk— adj. for seasonal
1923-1925=100
Sugar—adj. for seasonal
1923-1925=100..
Tea— adj. for seasonal
1923-1925=100..
Tin— unadjusted1923-1925=100
Wheat — adj. for seasonal 1923-1925=100

102

._

201
135

178
131
222

250
350

12l"
243

2112

2101

32
78
35
79
0
34
44
22
34
28
30
42

COMMODITY PRICES
COST OF LIVING (N. I. C. B.)
Total, all groups
Clothing
Food
Fuel and light
Housing
Sundries..
8
Revised.

1923=100
1923=100
1923=100
1923=100
. 1923=100
1923=100..

.
-




77.9
66 9
69.3
85.7
73 5
93.3

86.9
80 7
82.8
89.1
83 5
95.9

85.9
79.9
81.0
89.1
82 6
95.5

85.9
78 6
81.5
89.3
82 0
95.8

85.9
78 6
81.9
89.6
81 5
95.5

85.6
78.5
81.7
90.1
80 7
95.4

24

SURVEY OF CURRENT BUSINESS

Earlier data, together with explanatory
footnotes, may be found in the 1932
Annual Supplement to the Survey

1932

1931

1932
May

July, 1932

May

June

July

August

^m- October j N-g^- Decem- January Februber
ary

Sc

March

April

COMMODITY PRICES — Continued
FARM PRICES (Dept. of Agri.)
Total, all groups _._
1909-1914 = 100-.
Cotton and cottonseed
1909-1914=100
Dairy and poultry products. 1909-1914 = 100.Fruits and vegetables
1909-1914 = 100
Grains
.
1909-1914 = 100
Meat animals
1909-1914—100
Unclassified
1909-1914 = 100

56
42
66
80
49
59
43

86
74
87
119
74
99
62

80
65
85
114
67
91
59

79
71
84
110
57
92
58

75
53
89
97
54
92
60

72
47
93
83
50
86
55

68
42
99
70
46
79
53

71
50
102
68
57
76
51

66
45
99
68
52
68
49

63
45
85
70
52
68
46

60
47

166
101

179
121

181
118

184
119

186
120

189
119

189
119

189
117

189
114

64.4

73.2

72.1

72.0

72.1

71.2

70.3

70.2

70.3
53.9
58.1
46.6
42.6
44.4
59.3
59.6
61.5
56.5
70.4
71.5
77.4
75.0
59.5
73.6
79.1
58.7
69.4
70.7
47.2
72.5
88. 4
35.7
60.6
74.8
74.1
75.5
80.1
80.0
48.3
64.4
55. 6
63.2
52.9
50.5
29.1
53.3
64.4
39.2
76.5

76.9
66.5
69.8
67.1
59.6
64.1
73.8
78.1
76.1
74.4
75.1
80.0
83.7
79.7
69.4
80.5
83.9
63.2
80.5
65.3
98.0
99.0
35.9
87.6
94.8
62.6
88.1
86.8
90.4
83.6
85.0
83.8
63.3
86.6
67.4
76.9
69.2
60.7
41.4
63.5
70.5
46.9
81.5

76.0
64.7
69.3
65.4
56.0
61.9
73.3
78.8
76.4
71.3
74.1
79.3
83.7
77.7
68.5
79.4
82.5
62.6
79.8
62.9
98.6
101.9
30.7
88.0
94.6
65.5
87.8
86.4
89.8
83.4
84.4
83.5
61.2
86.6
66.6
76.3
67.6
59.8
41.9
63.0
69.7
46.0
80.7

76.1
64.3
69.3
64.9
49.0
63.0
74.0
80.6
74.2
73.4
73.9
78.1
83.4
75.8
67.2
78.9
82.4
62.1
78.7
62.9
97.9
103.5
30.3
89.4
93.5
72.7
89.8
85.7
89.1
82.8
84.3
82.7
61.4
86.8
66.5
76.1
66.8
60.0
43.8
67.4
69.7
46.0
80.6

76.4
64.1
63.3
63.5
44.8
67.0
74.6
82.2
73.4
76.0
74.2
77.6
82.9
75.8
66.9
76.9
80.5
61.9
74.4
60.5
93. 4
103. 2
37.5
83. 7
93.5
69. 1
90.3
84.9
88.6
81.7
83.9
82.4
60.1
83.8
65. 5
75.9
64.0
59.2
43. 7
67.4
68.3
46.0
80.6

75.9
62.7
66.7
60.5
44.2
61.0
73.7
84.6
71.0
73.6
73.9
77.0
82.6
75.8
66.9
76. 3
79.8
61.7
74.2
67.4
100.6
103.4
38. 9
85.0
93 5
5S.6
83.4
82.7
84.6
81.2
83.9
82.3
59.0
82.6
64. 5
75.5
61.5
59.2
43.5
65.7
63.2
46.0
80.7

75.1
61.5
65.2
58.8
44.3
57.6
73.3
86.1
68.2
71.1
72.9
76.1
82.6
75.1
65.2
75.6
79.7
61.6
70.2
67.8
102.1
100.8
39.2
82.5
93.1
50.0
80.7
81.0
82.4
79.8
82.8
81.7
54. 9
81.6
63.0
73.9
59. 7
59.2
41.7
64.6
66.6
46.0
80.5

74.8
62.0
64.9
58. 7
51.3
55.7
71.0
80.7
65.1
67.7
73.5
76.2
81.4
74.6
65.9
76.1
80.6
61.3
70.1
69.4
103. 4
100.1
42.5
81.6
92.5
49.0
78.8
80.9
82.3
79.7
82.6
81.5
54.7
81.4
62.2
72.6
58.1
59.0
41.8
64.2
68.7
46.0
80.8

51.7
68.3

66.9
77.3

67.9
77.7

68.0
77.2

65.7
75.1

64.2
72.3

62.6
74.4

61.2
74.4

68
51
65
47

61
60
72
73
51
69
46

59
46
70
78
50
66
44

189
109

189
105

183
105

170
104

68.6

67.3

66.3

66.0

65. 5

73.3
60.2
63.7
55.7
47.0
51.7
69.1
79.8
63.5
63.2
72.3
75.7
80.0
74.6
65.8
76.1
80.8
61.0
70.1
68.3
104.1
98.2
39.6
79.8
89.2
48.8
78.6
78.5
80.6
76.6
82.2
81.0
53.8
79.9
60.8
70.8
56.4
53. 5
39.0
63.9
66.8
40.8
80.8

72.1
58.3
63.1
52.8
46.7
53.4
64.7
67.8
62.2
61.9
71.7
74.8
79.3
75.2
65.6
75.7
80.6
60.6
69.9
67.9
107.5
98.6
38.8
79.3
88.8
49.0
77.5
77.7
79.5
76.1
81.8
79.9
55.4
74.1
59.9
70.7
55.8
55.8
37.7
63.3
65.6
39.7
78.0

71.4
56.9
61.9
50.6
46.1
50.3
62.5
64.1
61.8
59.5
71.3
73.4
79.3
75.3
62.9
75.5
80.8
60.1
69.8
68.3
104.8
98.0
38.6
78.3
88.5
46.1
76.5
77.5
79.5
75.9
80.9
79.3
52.7
65.8
59.8
70.6
56.4
55.8
36.5
63.1
64.7
39.5
76.7

71.5
56.1
60.8
50.2
43.5
51. 4
62.3
64.2
62.3
61.4
70.9
73.2
79.6
75.3
51.0
75.3
80.9
59.7
68.6
67.9
104.4
79.5
39.8
77.3
88.5
44.7
73.4
77.1
79.1
75.4
80.8
79.7
50.5
64.4
58.7
69.0
56.2
54.9
33.5
62.7
64.7
39.2
76.8

71.1
55.5
59.6
49.2
44.5
49.2
61.0
61.6
62.3
59.8
70.9
72.5
78.4
75.0
60.0
74.4
79.7
58.9
70.1
70.2
103.5
99.1
45.5
75.0
88.4
40.8
67.2
76.3
77.4
75.4
80.3
80.1
49.3
64.4
57.0
68.7
55.1
51.9
31.3
59.7
64.7
39.2
76.8

59.8
74.6

58.2
74.4

56.6
273.8

55.3
2 72. 6

53. 5
268.3

RETAIL PRICES
Coal (Dept. of Labor)..
Food (Dept. of Labor).

1913 = 100..
1913 = 100-

WHOLESALE PRICES
Department of Labor index:
Combined index (784)._ _
1926=100-.
Economic classes —
Finished products
1925=100..
Raw materials
1925=100..
Semimanufactures
_. 1925=100—
Farm products
1925=100—
Grains
.
._
1923=100—
Livestock and poultry
1923=100..
Foods _
1923=100
Dairy products
1923=100-.
Fruits and vegetables
1923=100
Meats
1925=100-.
Other products.
1925=100
Building materials
1923=100-.
Brick and tile
1926=100—
Cement
.
__ 1923=100-Lumber
1925=100—
Chemicals and dru^s 1925=100
Chemicals
1923—100
Dru?s and Pharmaceuticals. 1923 = 100. _
Fertilizer materials
_.
1925=100-..
Fuel and lighting
1925=100..
Electricity .._
—
1926=100-.
Gas
1926=100
Petroleum products
1925=100.Hides and leather
1926=100
Boots and shoes
__
1925=100.
Hides and skins
1926=100Leather .
1923=100
House furnishing goods.
1926=100—
Furniture
1925=100
Furnishings
_.
1923=100..
Metals and metal products --.1923=100-.
Iron and steel.
1923=100-.
Metals, nonferrous
1926=100
Plumbing and heating equip.!925= 100..
Textile products
1928=100.Clothin"
1926-100
Cotton gooic
1926 = 100
Knit goods.. . .
. 1926 = 100—
Silk and rayon
1925=100
Woolens and worsteds
1925=100,.
Miscellaneous
1925=100
Auto tires and tubes..1926=100—
Paper and pulp
_
1925 = 100—
Other indexes:
Bradstreet's (96)
1926 = 100
Dun's (300)
.1926 = 100.Wholesale prices, actual. (See under respective
commodities.)

CONSTRUCTION AND REAL ESTATE
CONSTRUCTION CONTRACTS
AWARDED
Contracts awarded, F. R. B.:
Total, unadjusted
1923-1925=100
Residential . .
1923-1925=100
Total, adjusted
1923-1925=100
Residential
1923-1925=100
F. W. Dodge Corporation (37 States):
Total, all typesProjects
.-.number
Floor space
thous of sq ft
Valuation
thous. of dolls. .
Nonresidential buildings:
Projects
number
Floor space
thous. of sq. ft .
Valuation
thous of dolls
Public works and utilities:
Projects
number
Floor space
thous. of sq. ft
Valuation
thous of dolls
Residential buildings:
Projects
number .
Floor space
thous. ofsq. ft..
Valuation _
_
thous. of dolls
Engineering Construction:
Total contracts a w a r d e d (E. N. R.)
thous. of dolls..
2 Revised




31
14
26
12

78
47
65
40

74
41
63
37

68
36
61
35

7,513
16 515
146, 221

11, 506
38, 941
306, 079

10, 805
33, 651
316, 148

2,140
9,172
58 946

2,713
16, 642
108, 231

63 !
32 '
59 !
33 ]

2

59
32
59
32

52
29
55
30

43
26
49
27

30
20
38
23

25
16
31
19

23
15
27
17

26
16
26
15

10, 663
33, 812
285, 997

9, 242 ! 9, 105
30,631 ! 30,068
233, 106 251, 110

8,701
30, 700
242, 094

7,014
20, 519
151, 196

5, 951
17, 210
136, 852

4,659
12, 601
84, 798

5,208
12, 299
89, 046

6,646
16, 924
112, 235

7,653
13 887
121, 705

2,803
15, 621
102, 623

2,957
16, 690
105, 840

2,382 i 2,209
15,770 i 16,723
99,940 '• 111,418

2,145
15, 313
99, 092

1,765
9,290
58, 496

1,467
8,176
50, 381

1,481
5 379
33, 238

1,796
6,052
36, 348

2,032
8,205
49, 172

2,179
f\ 501
45, 515

2,141
1 589
182
387
61 718 108, 948

2,030
1,117
140 780

2,048
1,233
115, 265

1,719 ! 1,800
737
353
72, 9(54
85, 139

1,288
171
82, 462

992
271
47, 410

977
280
50, 307

539
300
24, 056

595
176
28, 281

839
197
29, 854

1,458
211
47, 295

3,784
7,162
25, 557

6,052
21,911
88, 900

5,972
16,913
72, 745

5,658
15, 889
63, 893

5,141
5,096
14,124 i 12,992
60,203 , 54,553

5,268
15,217
60, 540

4,257
10, 958
45, 290

3,507
8,753
36, 164

2,639
6,922
27, 504

2,817
6,071
24, 417

3,775
8,532
33, 209

4,016
7,174
28, 895

105, 087

217,833

196, 326

245,110

148,901 { 176,956

225, 173

136,758

123, 131

90,869

76, 646

86, 119

95, 605

31
16
2 27
14

25

SURVEY OF CURRENT BUSINESS

July, 1932
Earlier data, together with explanatory
footnotes, may be found in the 1932
Annual Supplement to the Survey

1933

May

19 32

1931

May

June

July

s

Aa^t tr

Decem- January FebruOctober November
ary
ber

March

April

CONSTRUCTION AND HEAL. ESTATE—Continued
HWAY CONSTRUCTION
avement contract awards:
.thous. of sq, yds_.
only
thous. of sq. yds
1 highways:
i foi construction —
ted total cost
thous. of dolls..
1-aid allotment
thous. of dolls. .
3, total
number
il
nu tuber
) (added improvement)
number.,
nstruction—
ted total cost
.thous. of dolls__
1-aid allotment
thous. of dolls. _
e, total
number
il .
_
number
) (added improvement)
number.,
completed to date
number
if Federal-aid funds for new conDU
thous. of dolls. .

10, 360
9, 242

12, 303
10, 038

15, 957
13, 536

12, 470
9, 309

7, 675
5,437

8, 702
6,182

4,009
2, 482

4,361
3,559

5, 364
4,215

2,524
2,252

3,255
3,084

6, 005
5, 457

11, 088
10, 366

69, 732
31, 845
4 200
2, 336
1,864

90, 221
39, 495
4 264
2,707
1,556

60, 165
26, 886
2 979
1,946
1,033

54, 545
23, 850
2 632
1,628
1, 004

41, 880
18, 584
2 024
1, 373
651

29, 779
11,321
1 374

29, 422
11,966
1,392

437

29, 174
11, 539
1,445
1,032
413

406

35, 473
15, 134
1, 910
1,248
663

44, 401
19, 226
2,398
1,682
716

47, 423
20, 620
2, 671
1,929
742

55, 562
25, 235
3, 185
2,200
985

73, 994
33, 057
3,986
2,443
1,543

219, 647
103, 026
9 734
7, 617
2,117
100, 898

356, 146
158, 145
14 705
11, 228
3, 477
88, 763

387, 397
172, 587
16 480
12, 306
4, 174
88 713

388, 004
173, 362
16* 241
12 207
4,034
89 871

378, 476
170, 924
16 091
11, 884
4,207
90, 637

344, 072
155, 508
14 315
10, 660
3,655
93, 072

292, 869
131, 690
11 899
9, 027
2,872
95, 960

257, 529
115, 428
10 196
7, 928
2, 268
97, 993

216, 850
98, 080
8 672
6,818
1, 854
99, 777

203, 386
93, 716
8,378
6, 559
1,819
100, 263

200, 621
93, 245
8,323
6,587
1,736
100, 523

198, 941
93, 018
8,440
6,716
1,724
100, 678

199, 726
93, 997
8,739
6, 941
1,798
100,917

71, 383

48, 744

39, 639

30, 544

27, 125

25, 518

125, 577

121, 495

113, 879

106, 845

102,411

94, 453

82, 020

163

163

161

172
157
162

170
156
161

159

158

164
151
156

164
150
155

153

169
154
160

166
153
158

155

154

174
159
164

160

176
160
165

936

986

INSTRUCTION COSTS
jsts (Amer. Appraisal Co.):
?,el frame.,
1913-100..
Dod frame
1913— 100
1913-100
d concrete
_
__1913=100
->sts— all types (A. G. C.) .1913=100..
3sts— all types (K. N.R.). .1913=100..
)sts—-electric light and power con(Richey}
1913 = 100
)sts— factory (Aberthaw}.. 1913= 100.
laterial costs:
jse, 6-room
1913 = 100
mse, 6-room _. __
__ 19 13 =100

166

166
152. 8

179
165
168

165

180
166
169
197
189.3

196
187. 2

195
174.4

195
171.4

193
171.4

192
169.8

192
169.3

190
166.2

190
162. 5

189
161.8

183
157.2

2 178
153.1

132

162

160

148

146

146

144

143

142

141

139

136

132

164
155

163
156

161
154

162
156

163
158

161
156

161
156

162
155

160
154

166

176

177
162
166

174

172

172

162
148
154

1 56

167
160

jn— employment and wages:
lent, Ohio. (See Employment.)
lad building. (See Employment.)
Dn, volume (A. G. C.) ...1913 = 100..
United States
thous. of dolls. . 39. 271
uction. (See Trans. Equipment.)
e:
etivity each month
1926= 100
ncing. (See Finance.)

107

137

140

144

135

126

119

79

61

43

45

37, 835

33, 368

33, 025

31,918

33, 203

35, 502

35,288

40, 514

39, 225

39, 825

49, 189

43, 822

61 3

58 4

61 1

59 8

60 3

63 2

59 0

64 5

57 8

58 8

54 9

54 6

3, 253
95
37
49
128
650
136
790
59
53
72
107

3,505
172
31
53
173
687
128
806
75
72
60
115

3, 599
163
36
51
142
702
136
873
83
68
64
127

3,984
232
13
18
160
881
142
973
32
73
53
140

3,891
231

4,301
234
3
76
169
1,018
128
1, 178
62
71
82
154

3, 987
261
3
88
176
855
104
1, 105
42
69
87
161

151

166
158

163
157

ISCELLANEOUS DATA

DOMESTIC TRADE
ADVERTISING
Radio broadcasting:
Cost of facilities, total
thous. of dolls3,632
Automotive
thous. of dolls..
230
0
Building materials
thous. of dolls
Clothing and dry goods
thous. of dolls..
77
Confectionery
thous. of dolls..
169
Drugs and toilet goods
thous. of dolls..
783
Financial thous. of dolls
110
Foods
thous. of dolls..
1, 030
Housefurnishings
thous. of dolls20
Machinery
thous. of dolls
65
Paints and hardware
thous. of dolls..
77
Petroleum products _- thous. of dolls
199
8
Radios
thous of dolls
Shoes and leather goods
thous. of dolls ._
30
Soaps and housekeepers'
supplies
thous. of dolls..
111
Sporting goods
..
thous. of dolls..
17
Stationery and publishers. thous. of dolls. .
79
Tobacco manufactures
thous of dolls..
543
Miscellaneous
thous. of dolls..
85
Magazine advertising:
Cost, total
.
- thous of dolls
12 958
Automotive
thous of dolls
1 748
Building materials
thous. of dolls..
368
Clothing and drygoods
thous. of dolls303
Confectionery
.. _ thous. of dolls
297
Drugs and toilet goods
thous. of dolls..
2, 586
Financial
- thous of dolls
196
Foods
thous. of dolls..
2, 050
Garden
thous of dolls
95
Housefurnishings-.-..-thous. of dolls..
1, 198
Jewelry and silverware
thous. of dolls. .
167
Machinery
thous. of dolls. _
48
Office equipment
thous. of dolls..
97
132
Paints and hardware
thous. of dolls. Petroleum products
_ thous of dolls
373
Radios
.. .._ thous. of dolls-82
184
Schools.
thous. of dolls..
'Revised.
19AKO1
Q9 . .4




2,764
89
32
38
135
453
112
730
39
29
81
96

2,527
68
25
32
106
396
98
652
65
37
72
90

2,741
65
28
27
109
489
116
665
84
31
57
89

3, 036
91
30
68
100
463
136
762
71
72
74
95

2,835
100
19
44
112
452
126
748
44
39
72
89

104

84

10'

18

22

49

50

62

40

8

31

31

131

95

86

51

124

141

144

94

82

69

67

45

110
37
107
425
160

129
29
86
476
93

146
34
92
476
87

153
33
84
467
79

129
24
118
479
84

122
13
130
513
109

122
16
120
578
104

126
13
138
611
102

88
11
110

99
0
93
801
97

99
0
86
732
111

102
4
82
692
86

16 959
1 886
742
412
387
3,417
274
2, 419
196
1,462
308
157
247
216
458

16 692
1 886
882
481
553
3, 221
294
2,408
121
1,324
391
190
252
184
526

12 314
1 393
515
531
426
2,658
253
1,904
59
630
159
102
170
88
445

10 008
1 304
295
180
378
2,210
180
1,805
28
453
77
55
88
45
422

11 967
1 604
397
354
328
2,277
187
2,001
41
842
90
50
98
88
463

14 234
1 469
631
444
334
2,665
237
2, 634
42
1, 231
246
91
167
123
374

14 007
1 311
564
399
342
2,729
251
2,685
32
984
378
72
124
116
404

11 073

7 641

266
283
309
2,238
198
2,020
45
708
381
58
139
29
322

155
182
222
1,424
203
1,326
78
388
167
38
97
14
255

11 622
1 781
249
232
128
2,592
210
2,326
132
693
37
53
105
51
239

12 953
1 389
370
284
197
3, 043
206
2,332
145
934
8
65
120
81
256

12 970
1 554
411
349
231
2,876
215
2,237
133
1,187
90
54
104
124
279

116
294

128
315

141
291

114
317

174
305

313
232

308
217

235
186

186
215

198
262

165
185

138
181

949

108

678

o

20
151
888
130
1,001
59
70
41
133

26

SURVEY OF CURRENT BUSINESS

Earlier data, together with explanatory
footnotes, may be found in the 1932
Annual Supplement to the Survey

^_
May

July, 1932

1931

May

Juno i July

1933

Decem- January FebruOctober NovemAugust Septemary
ber
ber
ber

March

April

DOMESTIC TRADE—Continued
AD VERTISIN G— Continued
Magazine advertising — continued.
Shoes and leather goods
thous. of dolls. _
Soaps and housekeepers' supplies
thous. of dolls..
Sporting goods
thous. of dolls
Stationery and books
thous. of dolls..
Tobacco manufactures
thous. of dolls..
Travel and amusement
thous. of dolls..
Miscellaneous
thous. of dolls. .
Lineage total
thous of lines
Newspaper advertising:
Lineage, total (22 cities)
thous. of lines..
Lineage, total (52 cities)
thous. of lines..
Classified
thous. of lines
Display
thous. of lines..
Automotive
thous. of lines..
Financial
.thous. of lines..
General
thous. of lines
Retail
.
thous. of lines..

161

209

208

98

41

1,002
312
1G5
563
463
339
1,776

1,261
438
345
479
711
529
2
2, 364

1,091
522
366
486
615
451
2,191

783
334
180
321
414
1, 613

683
245
160
428
172
328
1. 316

963
201
240
547
171
450
1,603

69, 479 2 88, 782
106, 004 138, 196
24, 421
20,173
85,831 113, 774
6,700
9,616
1,709
3, 258
26, 017
19, 059
74, 884
58, 363

123,' 928
23, 158
100, 769
7,922
3,259
24, 736
64, 853

66, 877
108,020
21,132
87, 488
8,184
3,875
19,805
55, 503

67. 169
106. 021
22, 215
83, 800
7, 007
2, 448
18, 002
56, 290

77,208
114,802
22,172
92, 690
6,052
2,529
18,080
65,423

91,332
941

111,183
948

98, 621
933

70, 681
780

65.8

64.7

63.9

64. 6

65.7

65.3

66.6

66.7

3, 096

3, 166

2, 867

2, 704

2,453 i

2,846

2,774

3,012 ;

95 |

149 !

!
1
i
'
i

889
117
434
619
231
560
1,911

87,803
: 130,895
• 22,740
i 108, 150 j
! 4,957
1
2,919
| 23,676 !
! 76,597 i
|

57

31

65

15S

350
176
271
513
317
331
1, 138

702
73
193
605
342
327
1,469

741
111
228
560
329
367
1,677

913
188
207
535
462
342
1,777

67, 702
77,005
117,009 100, 032
19,473
18, 384
97,536
81, 048
4,233
7,001
2,645
3,294
13,985 ; 10, 841
76,673 ; 54, 512

03, 557
97, 570
17, 724
79, 847
4, 858
2,023
20. 142
52, 824

72, 043
109, 808
19, 565
90, 244
5, 352
2, 158
21, 720
61,012

70, 573
108, 086
20, 056
88, 631
7, 222
1, 934
18, 725
60, 749

95,161 !l 82,819
996
938

93, 370
911

93, 619
1,215

71, 703
961

65.9

63.8

61.3

63.9

3,311

2,930

3, 202

3,072

669, 077 : 634,284

718, 989

676, OS i

180

132

806 |
118
410
676
334
502
1,882

470
168
509
593 i
416 i
427
1, 620 |

81,891
122,135
20, 868
101, 267
4,487
2, 469
21. 979
72', 332

!

COLLECTIONS
Delinquent accounts, electrical trade:
Amount
dollars..
Firms
number—

76, 793
864

78,534 ! 95.414
780 I
' 987

73, 165
877

FINANCIAL INDICATORS
Bank debits. (See Finance.)
Business failures. (See Finance.)
Commercial loans. (See Finance.)
Money in circulation. (See Finance.)
GOODS IN WAREHOUSES
Space occupied, public merchandising
warehouses
..
per cent of total. _
NEW INCORPORATIONS
Business incorporations (4 states)

number..

2, 863

;

POSTAL BUSINESS
Air mail, weight dispatched
pounds..
Money orders:
Domestic, issued (50 cities) —
Number
thousands..
Value
-.
thous. of dolls..
Domestic, paid (50 cities)—
Number
_. . thousands..
Value
thous. of dolls
Foreign, issued — value
thous. of dolls.
Receipts, postal:
50 selected cities
—thous. of dolls..
50 industrial cities
thous. of dolls

750, 960 ! 781,419
3,766 i
36, 006 i

22, 621
2, 513

3, 729
36,315

779, 105

804,455

796,703

3, 501
34, 224

3, 368
33, 370

3,379
33,800

!

836,603

720, 301

3.749
37,801

3.600
35, 458

4,125 !
39,329

3, 691
3, 656
35, 494 | 34,142

3, 900
35, 128

3, 581
33, 073

827,530

10, 734
10, 902
81, 956 ! 79,311
4,073 i 4, 348

9,930
9,074
71, 622
76, 365
4, 412 | 3, 958

9,124 ! 10,521
74,679 : 86,759
4,496 | 4,027

9, 751
81,318
3, 971

11,509
91,567 !
8, 140

9,795
78, 149 !
3,500

9.271
73, 463
3,115

10, 167
79, 878
3, 958

9, 379
74,6i2
3, 314

27, 844 i 26,442
3,047 | 2, 957

24, 578 ! 23,389
2, 869
2,903

26,335 ! 28,618
2,897 | 3,150

25, 355
2, 809

34,966
4,068

25, 312
2,911

!

24, 061
2, 832

26, 677
2, 985

24, 272
2, 69S

169
152

148
147

279
144

115
155 \

121
156

138
146

134
141

1,699 ! 2.134
121
121
i
10,957 i 12,49b
703
705

1,740
123

3, 158
123

1, 324
114

1, 505
115

1,604
92

1, 349
92

1 1 , 220
710

22, 173
711

8, 845
713 |

9. 080 !
'712

10, 383
714

10, 3:^7
7] 4

RETAIL TRADE
Chain-store sales:
Five and ten cent sales—
Total,8 chains, unadjusted. 1923-1925=100..
Total, 8 chains, adjusted. .1923-1925= 100F. and W. GrandSales
thous. of dolls..
Stores operated
number. .
S. S. Kresge Co.—
Sales
..thous. of dollsStores operated
.
cumber..
S. H. Kress & Co.—
Sales
.thous. of dolls..
Stores operated
number
McCrory Stores Corp. —
Sales
thous. of dolls. _
Stores operated
number.
McLellan StoresSales .
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..
F. W. Woolworth Co.—
Sales
thous. of dolls. .
Stores operated
number..
Grocery chains:
A. & P. Tea Co.—
Sales, value, total
thous. of dolls.. !
Weekly average
thous. of dolls.. !
Sales, tonnage, total..
tons- I
Weekly average
. _ tons.
2 Revised.




140
149

142 I
156

156 i
168 |

148
162

1,825 |
118

1,833
119

1,628 !
119

1, 565
119

10, 059
715

12, 1 23 !
690 \

11, 896
694

10,722
696 j

10,976
699

5, 126
227

5. 469 i
216

5, 467
217

5.104
'218

5, 286
'218

5,295 i
220 i

5,706
222

5, 587
221

11, 221
221

4,274 i
222

4, 698
225 I

5, 290
226

4,911
226

3, 155
227

3, 412
243

3, 240
243

3,004
242

3,214
243

3,260 1
244

3,881
244

3, 469
244

6, 882
244

2,919
244 i

3, 067
244

3, 584
244

3, 354
244

1,489
276

1,859
277 i

1, 780
277

1, 649 !
277

1, 701
277

1,693 i
278 !

1,940
278

1, 769
279

3,747
278

1,277 i
277

1, 345
277

1,537
276

1, 658
276

1, 543
173

1,549
2169

1, 569
169

1,475
170

1,519
172

1,490 !
172 |

1,715
172

1,578
172

2, 961
172

1,111
171 !

1,221
171

1, 439
071

1, 488
173

695
45

692
45

594
45

589
45

607
44 i

832
45

610
45

1, 145
45

471 i
44

591
45

625
40

602
40

21,978
1, 889

21,079
1, 889

21,712
1, 895

26,150
1, 906

22. 005
1, 906

39, 713
1, 906

21, 255
1,908

20, 755
1,,,0

65,498
74, 703
19,100
18, 676
524,743 418,762
104,949 1 104,691

91,311
18, 262
516, 171
103, 234

68, 967 ! 69, 801
88, 912
17,242
17, 465
17,782
395, 428 ! 412,767 i 520,198
98, 857 i 103, 192 i 104,040

7?, 309
IS, 092
422, 714
105, 678

133
137

20, 529
1,913
72, 433
18,108
437,687
109, 422

224,115
1,896 I

102, 946 ! 80, 851 i 95, 528
20, 589
19, 106
20, 213
563, 223 i 454,268 513, 095
112, 645 i 113,567 102,619

143
160

21,732
1, 902

74,411 | 74,642
18,660
18, 603
399, 779 411,883
99. 945 102,971

17, 991 1 18, 793 i
1, 902 | 1, 906

27

SURVEY OF CURRENT BUSINESS

July, 1932

1932

Earlier data, together with explanatory
footnotes, may be found in the 1932
Annual Supplement to the Survey

May

1931

May

June

July

1933

Decem- January FebruOctober NovemAugust September
ber
ber
ary

March

April

DOMESTIC TRADE—Continued
RETAIL TRADE-Ccmtinued
Restaurant chains:
Total sales, 3 chainsSales
thous. of dolls
Stores operated
numberChilds Co.—
Sales
thous. of dolls..
Stores operated
number ~
J. R. Thompson Co.—
Sales
thous. of dolls—
Stores operated
_
number—
Waldorf System (Inc.)—
Sales
_._thous. of dolls-Stores operated __
._
_ -number- Other chains:
W. T. Grant and Co.—
Sales
-_
.thous. of dolls- Stores operated
number—
J. C. Penney Co.—
Sales
thous. of dolls-Stores operated
number- Department store sales and stocks:
Sales, total value, adjusted .-1923-1925 = 100Sales, total value, unadjusted-1923-1925=100~
Atlanta
.1923-1925 = 100- Boston
1923-1925 = 100—
Chicago
- - .1923-1925 = 100-Cleveland
1923-1925=100-Dallas
— - - .1923-1925=100—
Kansas City
1923-1925 = 100Minneapolis
—1923-1925=100-New York
1923-1925 = 100—
Richmond
-1923-1925 = 100-St. Louis.
1923-1925 = 100-.
San Francisco
1923-1925=100—
Installment sales, New England dept. stores,
ratio to total sales
per cent.. _
Stocks, value, end of month—
Unadjusted
1923-1925=100 Adjusted
1923-1925 = 100
Mail-order house sales:
Total sales, 2 companies
thous. of dolls. _
Montgomery Ward & Co._thous. of dolls..
Sears, Roebuck. & Co
thous. of dolls..

4 496
386

4 185
388

4 188
391

4 577
379

4 745
381

4 892
'378

4 419
378

4 737
383

4 261
382

4 009
'384

4 206
385

3 922
385

1,957
108

1,847
109

1, 858
108

2, 030
108

2,164
108

2 208
107

1 980
106

2, 163
108

1,924
108

1,787
108

1 813
108

1 618
108

1,202
116

1, 093
117

1,086
118

1,301
117

1, 278
117

1,325
115

1. 187
'116

1,233
116

1,114
115

1,041
115

1,128
116

1,064
116

1,257
161

1,337
162

1,245
162

1,244
165

1,246
154

1,303
156

1, 359
156

1,252
156

1,341
159

1,223
159

1,181
161

1,265
161

1,240
161

6,096

417

6,606
367

6,289
371

5,227
375

5,395
381

5,570
386

7 423
400

6, 485
400

12, 111
402

4,495
404

4,839
406

5 567
411

5 997
412

12 648
1, 466

15, 450
1, 453

14, 832
1,453

12, 779
1,454

13 257
1, 456

14 577
1,457

17 968
1,458

16 493
1,458

21, 269
1, 459

9,288
1,460

9 586
1,460

11 412
1,463

14 395
1, 464

74
74
66

97
97
93
92
94
86
93
86
79
101
102
85
101

95
90
81
92
91
82
79
79
75
109
104
80
92

91
65
64
64
65
62
57
59
55
72
71
57
85

88
67
69
64
70
65
65
66
65
67
70
67
98

84
87
73
89
88
73
79
82
81
98
87
84
93

86
93
95
103
91
82
9J
88
76
123
118
88
103

83
95
80
93
82
73
84
82
68
112
102
84
93

81
142
127
144
136
123
127
126
112
174
176
124
151

78
64
56
69
63
53
52
55
51
74
66
56
74

78
64
61
58
62
55
58
58
48
70
68
60
70

72
70
68
68
63
67
68
73
82
86
66
84

80
76
2 67
74
2 74

1,426
107

V64

63
62
59
78
84
63
72

2 g()

64
268
79
86
2
82

69
74

7.0

4.7

6.7

11.9

8.9

11.0

9.1

4.6

8.0

8.3

7.2

70
68

85
83

80
82

75
81

76
79

84
81

88
80

89
79

73
78

67
75

69
73

7°
70

38, 718
14, 172
24, 546

50, 070
18, 547
31, 523

49, 480
19, 219
30, 261

45. 093
15, 320
29, 773

43. 004
16, 407
26, 597

45, 955
17, 505
28, 450

52, 280
22, 034
30, 246

45, 898
18, 403
27, 495

58, 821
21, 899
36, 922

31, 975
12, 028
19, 947

32. 581
11, 963
20, 618

33, 959
14, 054
19, 905

39, 745
16, 169
23, 576

67.9
53.3
50 7
48 5
64.3
82.0
86.9
81.3
87 9
64.4
73.2
74.4
67.9
45.2
63 8
60.3
90 8
69 8
69 3
71 5
72.9
78 6
68 5
71 7
54.4
60 2
46. 9
87.9
69.4
55.0
52 6
50. 1
66 0
81.9
85.4
82 3
86 3
65 4
75.3
77.2
67.6

66.3
47.7
45 7
42 6
59.1
81.7
85.9
81.2
84 2
62 8
75.7
77 5
68.3
42 4
61 2
56 8
89 0
69 1
69 7
67 2
71.6
73 4
66 9
69 0
53.9
63 4
43.9
84.3
68.1
51.6
50 2
46.3
63 0
81.9
85.3
82 8
85.3
64 0
75.4
77.4
67.1

67.3
48.4
44 7
42.4
62.3
81.1
84.6
80.2
82 9
63. 0
80.0
82 4
69.6
42.0
61 4
57.2
87 3
68 6
70 3
63 4
74.4
76.0
70 4
71 9
55.4
65 7
44.8
84.2
67.8
51.4
90 3
45. 7
64 1
80.2
82.9
81 2
83.7
62 4
78.1
80.7
67.5

66.3
48.9
44 5
42 5
63.8
81.1
84.1
78.7
81 4
61 8
81.2
84 3
68 6
40 3
60 0
56 1
86 4
67 4
69 4
61 2
73.5
73 2
74 3
70 4
54.7
63 7
45.3
83.0
66. 4
50. 1
47 G
44 1
63 4
78.6
83.0
79 5
83 1
60 9
80.2
83.4
67.0

C4.0
48.8
44 8
43 1
02. 1
82. 4
81. 9
78.6
80 6
59 8
78.8
81 3
68 3
39 6
57 0
53 9
85 3
66 6
69 3
58 7
67.9
67 3
69 4
68 4
53.0
58 9
45.5
85.2
64.3
48.4.
45 6
42 7
61 3
78.5
81.2
78 6
83 6
59 0
80.2
83.0
68 8

6.4
2

72

70

EMPLOYMENT CONDITIONS AND WAGES
EMPLOYMENT
Factory, unadjusted (F. R. B.) .. 1923-1925 = 100. .
Cement, clay, and glass
1923-1925=100..
Cement
1923-1925 — 100
Clay products
1923-1925=100
Glass
--.1923-1925 = 100-.
Chemicals and products
1923-1925 = 100,.
Chemicals and drugs
1923-1925 = 100. .
Petroleum refining
1923-1925 = 100.. _
Food products
1923-1925 — 100
Iron and steel
,.1923-1925 = 100
Leather and products
1923-1925 = 100..
Boots and shoes
- - .1923-1925 = 100
Leather
1923-1925= 100 ._
Lumber and products
. . 1923-1925 = 100
Machinery
-1923-1925 = 100
Metals, nonferrous
.._1923- 1925 = 100
Paper and printing
. ..1923-1925 — 100
Rubber products
1923-1925 = 100
Auto tires and tubes
1923-1925—100
Boots and shoes
.1923-1925 = 100
Textiles and products.
1923-1925 = 100..
Fabrics
1923-1925=100
Wearing apparel
.1923-1925 = 100
Tobacco manufactures
1923-1925 = 100
Transportation equipment - - 1923-1925 = 100—
Automobiles
.1923-1925 = 100
Car building arid repairing. 1923-1 925= 100..
Shipbuilding
—
1923-1925 = 100-.
Factory, adjusted (F. R. £.)-- 1923-1925 = 100..
Cement, clay, and glass
1923-1925=100Cement
1923-1925 = 100
Clay products
1923-1925 = 100.
Glass
1923-1925 = 100
Chemicals and products
1923-1925 = 100Chemicals and drugs
1923-1925 = 100..
Petroleum refining
1923-1925=100
Food products
_ . . 1923-1925 = 100
Iron and steel
1923-1925=100
Leather and manufactures.. .1923- 1925 = 100..
Boots and shoes
1923-1925 = 100. .
Leather..
1923-1925=100—
» Revised.




61.4
47.0
42 7
42 6
57.9
78.3
80.6
78.2
81 0
57. 2
72.7
74 4
65.4
38 6
54 4
51 4
83 8
66 0
69 1
56 9
62.0
62 3
61 3
67 3
52.4
59 7
44.2
81.4
62.2
45.8
41 9
41 1
57 1
79.7
81.9
78 4
83 2
56 5
75.8
77.9
67.0

77.1
67.3
68 3
64.2
72.8
91.4
91.5
94.4
88 3
75.7
80.8
82.2
75. 1
54.9
76 8
67.4
94 6
74 3
77 4
65 1
80.6
79 8
82 4
80 7
66.1
77 3
55.3
92.0
77.8
65.4
66.9
61.8
71 7
93.0
92.9
94 5
90.8
74 8
84.2
86.0
77.0

75.0
67.0
66 3
63.3
74.9
86.7
90.2
91.1
88 4
72.6
79.7
80.8
75.1
54.3
73 9
65.4
9° 7
75 6
78 3
67 8
76.7
77.9
73 6
79 9
63.5
72 6
54.0
91.7
76.0
64.4
63. 3
60.4
73 0
89.6
92.1
90 2
88.7
72 6
83.9
85.5
77.4

73.8
63.7
66 6
60.8
67.9
86.2
91.0
89.0
87.8
71. 1
84.6
86.4
77.0
52.2
70 4
63.4
92.0
74 1
75 9
68 6
75.2
77. 1
70 6
79 4
60.2
67 2
52.1
88.8
75.1
62.7
63.3
58. 6
70 7
89.4
94.2
87. 1
88. 1
72 1
84.8
86.4
78.4

74.2
62.6
63 2
58.9
69.7
84.4
89.0
86.4
87 9
69 9
86.7
88 8
77.8
52 1
67 7
62 3
91 7
71 5
74 1
63 9
77.8
77 4
78 9
79 1
58.7
65 4
51. 1
83.2
74.1
60.1
58 8
56.2
68 7
86.6
91.3
84 8
88.1
70 3
84.3
85.8
78.2

74.7
61.7
60 1
57.4
71.1
86.0
91.7
84.4
89 7
68 0
84.2
86.4
75.2
51. 1
67 0
61.7
90 8
71 7
71 8
71 2
79.8
77 3
86 0
79 5
57.7
63 9
50.4
84.7
72.8
59.4
57. 1
55.4
68 7
85.7
91.8
82 9
87.5
67 4
80.9
82.3
75.2

71.4
59.0
58 8
54 4
68.1
85.7
92.1
83.0
89 2
66 3
79.2
80 8
72.4
50 1
65 2
60 8
91 4
70 2
69 9
71 2
77.4
75 6
82 2
79 9
51.5
50 5
49.0
84.1
70.3
57.6
56 5
53. 5
66 2
85.4
91.2
83 2
85. 5
66 2
76.4
77.3
72.4

68.7
56.3
54 4
52.8
64.2
83.5
89.7
81.4
88 0
65 0
69.6
69 6
69.6
48 4
63 8
60 8
91 0
70 7
69 4
74 2
74.3
74 9
72 8
79 3
50.6
49 9
47.4
87.3
69.3
55.9
53 7
52.8
63 2
83. 1
88.0
82 2
85.9
65 3
70.1
70.3
69.1

28

SURVEY OF CURRENT BUSINESS
1931

1 ^i'^*-*

Earlier data, together with explanatory
"
footnotes, may be found in the 1932
Annual Supplement to the Survey
\ May

July, 1932

May

I June

July

August

Se

1933
berm"

October

No vein- \ Decem- January| ™™'
ber
her

March i April

EMPLOYMENT CONDITIONS AND WAGES—Continued
EMPLOYMENT— Continued
Factory, adjusted (F. R. B.} — Continued
Lumber and products,
1923-1925 = 100..
Machinery
1923-1925=100
Metals, nonferrous
1923-1925=100
Paper and printing
1923-1925 = 100..
Rubber products
1923-1925—100
Auto tires and tubes
1923-1925 = 100. .
Boots and shoes
1923-1925-100
Textiles and products _ . 1923-1925 = 100..
Fabrics
1923-1925 - 100
Wearing apparel
1923-1925—100
Tobacco manufactures
1923-1925 = 100. .
Transportation equipment. . .1923-1925 = 100. _
Automobiles
1923-1 925 = 100. _
Car building and repairing. 1923-1925 = 100..
Shipbuilding
1923-1925 = 100..
Factory, by cities and States:
Cities —
Cleveland...
. , Jan. 1921 = 100..
Detroit...
1923-1925 = 100..
New York .
1925-1927 = 100..
Philadelphia
1923-1925 = 100States—
Delaware
1923-1925 = 100
Illinois
1925-1927 = 100lowa
1923=100
Massachusetts
1925-1927 — 100
Maryland
1924 = 100
New Jersey
1923-1925 = 100
New York
1925-1927 — 100
Ohio
1926 = 100
Pennsylvania
1923-1925=100.
Wisconsin
1925-1927 = 100. .
Nonmauufacturing (Dept. of Labor):
MiningAnthracite
1929—100
Bituminous coal
1929 = 100
Metalliferous
._
1929 = 100
Petroleum, crude production
1929 = 100..
Quarrying and nonmetallic
1929 = 100—
Public utilitiesElectric railroads
1929 — 100
Power, light, and water
1929 = 100
Telephone and telegraph
1929 — 100
TradeRetail
...
. ._
1929=100.
Wholesale
1929 = 100
MiscellaneousCanning and preserving
1929 = 100..
Hotels
1929 = 100
Miscellaneous data:
Construction employment, Ohio.. 1926=100. .
Farm employees, hired, average per farm
_
_ .number. _
Federal civilian employees ( Wash.) .number. _
Railroad employees, Class I
thousands...
Trade union members employed —
Number
per cent of total
On full time
per cent of total

43'. 9
79.4

55.4
76.3
66.6
95.3
74.0
75.9
68.5
81.2
80.0
84.1
82.1
63. 2
70.9
54.9
89.6

54.4
73.4
65.4
93.6
75.7
76.8
72,4
78.6
78.7
78.3
80.4
62.4
70.7
53.6
90.6

52.0
70.3
64.2
93.0
73.8
74. 5
71.8
79.6
80.0
78.8
81.4
60.2
67.6
51.8
90.9

51. 1
67. 8
63. 1
93. 0
70. 5
72.0
66. 2
80. 9
80. 1
83.2 |
79. 1
58. 3
64. 2
51. 0
88. 0

49. 4
67. 3
62. 5
91. 1
69. 8
69.9
69. 4
80. 0
78. 4
84.0
77. 2
57. 2
62. 0
50. 2
90. 9

48.4
65. 6
61. 7
91.0
70. 3
71.0
68. 1
76. 0
74. 9
78.7
75.8
51. 7
50. 5
48.8
89. 7

47.4
64.6
61.4
89.7
73.3
74.2
70.3
73.6
73.7
73.4
74.8
53. 4
56.1
47.6
90.8

45.4
64.5
61.1
89.2
71.3
72.9
66. 8
72.2
73.4
69.2
70.4
58. 0
68.8 i
47.0
87.9

43.9
61.8
57.4
88.3
69.7
71.2
65.2
71.1
72.9
66. 6
74.3
55.6
67.1
44.4
81.9

43.3
61.2
56.0
87. 2
68. 1
70. 0 !
62. 5
72.4
74.4
67.4 |
72.8 J
55.1
64.7
45.4
79.8

41.2
59.2
54.3
86. 2
67. 0
68. 5
62. 4
71.0
71.9 i
68.9
70.8 '
53.4
60.9
45.5
78.1 ;

40.2
56.4
52.7
85. 7
66. 1
68. 1
60. 2
66.7
66.8
66.4
70.1
51.1
55.1
45.2
80.2

69.7
69.6
57.2
66.7

86.9
80.4
73.6
79.9

83.8
73.2
69.6
79.7

80.3
61.8
68.3
77.5

81.3
50. 0
69. 2
80. 4

75. 6
51. 0
72.7
80. 4

76. 0
41. 7
71.0
78.8

77.1
52.7
67.7
78.2

77.0
64.0
66. 1
77.6

75.8
69.0
63.1
74.1

75. 1
68.6
64.1
72.9

72. 0
65.4
64.6
71.4

70. 2
67.5
61.8
66.9

72.6
57. 2
92.8
52 9
59. 9
62.4
57.6
65. 4
61.4
63. 9

86.3
74.5
110.1
73.3
75.9
75.3
75.6
82. 7
77.2
78.1

85.6
72.3
110.1
71.4
73.8
73.6
73.4
81.3
74.5
76.7

84.4
70.5
108.7
69.9
72.5
72.6 ;
71.9 i
78.2 i
72.5
79.6

83.2
70.1
109. 1
71.4
72.3
73.0
71.6
76. 9
72. 9
75. 6

81.2
68.3
106. 3
70.9
72.0
73.2
73.6
75. 5
72,6
75.0

66.9
62.6
38 3
54. 5
50.6

80.3
82.4
6'? 4
67.8
75.0

76.1
78.4
60.0
65.0
72.3

65.1
76.4
56.2
65.3
71.0

67. 3
77. 0
55. 8
62. 4
68. 9

80.0
80. 4
55.5
61.2
66. 6

76.9
84.0
80.6

85.9
97.6
87.4

85.3
97.2
86.9

85.6
96.7 •
86.6 |

84.8
95. 9
85.9

80.9
77.9

89.9
87.1

89.1
87.1

83.9
86.8 |

40.5
80.1

58.0
92.5

70.6
91.6

34.4

61.3

63.3

.93

1.02
72, 417
1,337

1.11
71, 693
1,317

69
47

75
56

75
56

39.0
54.1
50.8
84.3
65.8
67.7
59 9
62.4
62 4
62.5
68.4
50.2

74.9 1
62.3
102. 2
62. 2
67.2 1
71. 0
68. 8
71. 0
71.1
68.2

76.0
63.6
102, 9
61. 1
66.0
68. 1
67. 7
70. 5
71.0
66.9

79. 3
61.6
96.8
60. 7
64.1
66.1
65.0 \
69. 5 I
69.4
65. 1

78 5
62' 0
96. 4
63. 6
63.9
67. 1
65.0
70.1
68. 9
67.6

75. 9
61. 3
92. 6
62. 4
63. 5
65. 4
64. 6
68. 5
67.5
68. 1

74. 8
58. 8
91.2
56. 9
62. 7
63. 5
62. 2
66. 4
64.7
66. 2

86. 8
81. 3
53.8
60.4
64. 5

83. 5
81.1
£9 8
5? 6
59. 3

79.8
81.2
51 '^
58! 2
53. 9

76. 2 :
80. 8
49.3
54.9
48.9

7J.2
77.4
46. 9
54. 4
47. 4

73.7
75.2
45.0
51. 4
46. 0

70.1
65.5
43.3
54.9
48.6

84.0
94.7
85.0

82.7
92.7
84.1

81. 5
91.3
83. 5

79. 9
90.3
83. 1

79.5
89.3
83.0 '

78.9
87. 2
82.0

77.6
85. 5
81.7

78.0
84.8
81.2

81.8
86. 5

86.6
86.1

89.8
85.2

DO. 9
84. 1

106. 2
83. 7

80. 5
80. 9

81. 4
79. 8

81.6
78.9

102. 2
93.3

142. 9
92. 8

180. 1
90.6

108. 1
2 87. 4

60. 8
2 84. 9

62.8

00.0

58.3

54. 2

1.23
1.25 i
*1, 658 70, 885
1, 288
1,310

74.5
65. 7
105. 0
65.2
70. 6
72.4
71.3
74. 3
71.8
70.7

45. 4

84.3
2 81. 1

40. 7 35.0
2 83. 1 2 83. 2 ;
37. 5

28.4

31. 9

1. 17
70, 580
1, 254

1. 19
70, 056
1,225

1. 04
69, 894
1.169

. 81
69, 435
1.134

.74
69, 710
1, 109

37. 1
2 84. 3

:

2

36. 3
84. o

47.0
82.7
2

26.7

.71 i
.77
69, 260 | 60, 069
1,093
1,097

31.0

.83
69, 454

74
55 ;

;

74
55

74
56

74
55

73
54

70
51

69
49

69
49

70
49

69
48

89 !
92
96
92
84

89
93
95
93
83

88
94
96
90
83

88
93
96
83
82

87
94
96
79
80

87
93
95
82
78

86
92 1
94
86
79

87
92
94
89
83

86
93
94
89
77

85
94
94
85
76

76
84
93
90
92
87
89 '
80
85

76
84
93
90
92
88
90
82
85

74
82
92
88
91
85
89
78
85

74
83
92
88
91
84
88
76
85

73
80
91
86
90
85
88
81
83

73
80
91
85
91
87
88
84
84

71
82
89
80
91
81
86 !
81 i

75
82
89
81
92
81
85
81

73
80
89
SO
91
80
81
74

39. 9
48.0 ,

39.9
48. 2

39. 2
48.1

38. 2
48.0

37.7
47. 9

38.7
47.8

36.1 ;
47.9 i

37. 5
47.9

LABOR CONDITIONS
Factory operations, proportion of full-time
worked, total _ _
per cent..
84
90
Chemicals and products
.per cent
93
96
Food products
per cent
94
96
Leather and products
per cent
91
79
Lumber and products
per cent—
85
76
Metal productsIron and steel
..percent..
79
71
Other
per c€v-nt
85
76
Paper and printing
percent..
87
95
Stone, clay, and glass
per cent
91
83
Textile products
per cent
93
85
Tobacco products
per cent
87
79
Transportation equipment
per cent..
92
82
91
Automobiles
. . _ per cent
75
Miscellaneous
per cent..
88
Hours of work per week in factories:
42.7
Actual, avg. per wage earner
hours...
33. 9
Nominal, or full-time week
hours . . i
( 3)
48.0 j
Labor disputes:
2
46
Disputes
number ;
2
Man-davs lost
number
400,509
i
2
Workers involved
..
number '
15, 603
Labor turnover:
Accessions _ _ per cent of no. on pay roll
2.79
Separations—
j
Discharged
per cent of no. on pay roll \
.28
Laid-off
per cent of no. on pay roll
2.43
Voluntary quits
per cent of no. on pay roll
1.12
Unemployment:
!
Applicants at employment agencies
_
._._
no. per 100 jobs
181
Central States
no. per 100 jobs
200
Eastern States
no. per 100 jobs..!
387
345
Southern States
no. per 100 jobs...,
66
Western States
. no. per 100 jobs
88
Placements ... ._
thousands. _ i ... _ .




2

Revised.

40.9
47.9

2
2
39
2 21
251
265 2
36
245
.2, 864 21, 157,01?,M93.649
1,052,095^355,818
i2 150, 004
2
2
37, 427 29, 380 213,690 2 1,318
56, 683 2 14, 759

2. 60

3.58

2.75

3. 63

3.29

4.15

3.84

.25
3.32 \

T>
2. 40

.24
4.22 1

.21
5.01

,17
3.03

.16
2.61

*? 45

L02

1.10

1.05

1.16

1.00

.72

.66

.71

191
217

207
258
316 1
182 i
81
122

205
246
221
277
84
83

209 i
247
235
265
94
94

217
273
212
411
94
82

196
221
214
250
269
258
191
232
231
264
287
257
91
114
118
91
98
84
3
Discontinued for present.

189
80
121

!
i

36.2 I
48.0

2 30 1
2 31
237
117,298 2417,966 :22 690, 021
4, 648 228,691 12,081

3.02
.23

!
!

.19

i
188
214
259
193
103
127

197
218 !
266
226 !
90 '•
139

72
78
88
81
87
78
79
71

34.4
47.6
47
617,010
22,114

SURVEY OF CURRENT BUSINESS

July, 1932
Earlier data, together with explanatory
footnotes, may be found in the 1932

Annual Supplement to the Survey

1933
May

29
1932

1931
May

July

June

August

SC

berm1 October j

February

Novem- Decem- Januai
ber
ber

March

A pril

EMPLOYMENT CONDITIONS AND WAGES—Continued
PAYROLLS
Factory, unadjusted (F. R. B.)- 1923-1925 =100..
Cement, clay, and glass
1923-1925= 100. _
Cement
1923-1925=100
Clay products
1923-1925—100
Glass
. 1923-1925=100
Chemicals and products
1923-1925=100..
Chemicals and drugs
1923-1925=100..
Petroleum refining _
1923-1925 = 1 00
Food products
. 1923-1925=100
Iron and steel
1923-1925=100
Leather and products
1923-1925=100
Boots and shoes
1923-1925=100
Leather.
1923-1925=100..
Lumber and products
1923-1925=100
Machinery
1923-1925=100..
Metals, nonfeirous
.1923-1925=100
Paper and printing
1923-1925—100
Rubber products
.
1923-1025=100
Auto tires and tubes
1923-1925-100
Boots and shoes .. . 1923-1925=100
Textiles and products
...1923-1925=100..
Fabrics
. .1923-1925=100
Wearing apparel
1923-1925=100.
Tobacco manufactures
1923-1925=100
Transportation equipment... 1923-1925 =100..
Automobiles
1923-1925=100
Car building and repairing. 1923-1925= 100. _
Shipbuilding .
_
1923-1925=100
Factory, by States:
Delaware
_
1923-1925=100
Illinois..
1925-1927=100..
New Jersey
_ _
1923-1925=100
New York
1925-1927=100..
Pennsylvania
1923-1925=100
W isconsin
1925-1927 - 100
Nonmanufacturing (Department of Labor) :
Mining —
Anthracite
1929=100
Bituminous coal
1929=100
Metalliferous
1929=100.
Petroleum, crude production 1929=100.Quarrying and noumetallic
1929=100-.
Public utilities—
Electric railroads ..
1929=100.
Power, light, and water..
.1929=100—
Telephone and telegraph
1929= 100. _
TradeRetail. .
..
1929=100
Wholesale
1929=100
Miscellaneous—
Canning and preserving
1929=100
Hotels
1929=100.

46.2
30.2
30 0
22 4
46 2
66.9
65.6
72 5
72 9
30 4
45 7
44 4
50.3
22 2
35.9
34 5
77 0
48 7
50 4
41 6
41.5
40 3
44 0
48 4
45.9
53 5
37.3
71 0

72.2
56.7
65.5
48 4
67.9
88.4
85.0
2
96.1
89.7
64.9
68 7
67.0
75.0
45.7
67.8
63.4
100 0
71.0
76 6
48 8
71.7
73 3
69.4
68 3
66,1
75 6
55.3
98 3

49 4
35 4
53' 2
44' 9
37 3
41 3

67.6
54.4
64.8
44 4
68 3
84.1
83.2
91 1
89 7
57.6
66 7
64 7
74.2
44 6
62.4
59 1
96 6
72 4
77 7
51 4
66.7
69 4
61 1
68 6
58.8
62 1
53.0
91 4

64.4
49.4
60.4
40 7
60 2
82.9
82.6
89.6
88 2
52.4
72 6
71 8
75.4
41 7
57. 4
54 5
93 (]
64 0
66 4
54 6
65.9
67 0
63 4
67 5
52.7
53 2
49.0
85 6

64.3
48.1
56 7
39 1
60 9
80.4
80.7
85.6
86 7
50 6
75 5
75 1
76. 9
41 3
54. 9
52 9
93 1
62 2
64 0
5<i 3
70.2
68 3
74 2
66 3

81 1
59.3
76 3
70 4
65 8
67 2

78
56
72
66
61
64

68
54
70
65
57
61

58 0
30 7
23 8
47.1
32.3

76 1
5-1 4
49.3
64.7
62.3

06 7
52 4
46 1
62.7
60.1

53 7
50 4
41 3
59.2
57.3

56 4
50 6
40 2
56. 3
55. 1

64 9
53 6
40 0
55. 2
51.2

91 1
56 2
37 4
54. 4
48.7

71 2
84 2
82.8

85. 1
98.7
94.1

84 8
98.3
95.0

83 3
97.4
93.3

81 9
96 2
92.3

81 2
94 3
92.1

79 0
93 2
91.6

71 1
69 7

88.0
84 7

87 6
84 1

83 3
83 3

80 3
82 1

83 5
81 4

84 6
79 9

36 0
67 0

56 0
87.7

58 6
85 4

74 2
85 2

104 7
83 8

12Q 4
81 9

17 17

24 25

23 07

22 34

99 49

19. 63
14.64
11 03
64.5

27.04
20.75
15.37
91.1

25.71
19.55
15 17
86.7

24.89
18.92
14 79
84.0

24. 76
18.86
14 78
84.5

63.7
65 7
64 0

87.8
93. 1
89.2

83.4
87 7
88 0

80.8
84 9
85 8

103 6
74 8
86.5
06.4
105.8
89 6
78 0 * 93 1
85.6
61. 1
84 9
61 3

100 5
84,3
102 2
91 0
82.3
82 8

.664
32
.36
.19
36
.44
.34
47
.20
.28
.25
.45
107.5

0
6
0
7
5
2

7
6
8
5
3
0

59.4
43.9
48 5
35 9
57 0
80.8
84.4
80 8
85 9
43*9
56 4
53 7
66. 6
38 2
50.2
49 9
91 4
53 7
51 9
60 9

50 4
48.1
82 8

61.8
46. 1
51 7
37 3
60 3
80.8
82.6
83 0
87 4
45 2
67 7
66 6
71. 8
40 3
51.2
50 2
90 4
54 6
53 0
61 0
71.0
65 1
82 9
62 7
45.6
41 5
45.6
78 8

62 9
72 2
64 6
45.3
41 4
44.7
83 5

76.4
78.8
77 9
83 2
41 2
47 o
43 1
61. 1
34 4
48.3
48 8
90 6
50 1
48 0
58 7
59.3
(;0 1
57 8
64 5
45.2
4° 3
43.9
81 4

68
53
70
65
57
58

64
50
66
66
54
55

61
47
689
6
54
5''

54
43
65
59
51
50

so! 9

9
9
7
0
0
9

1
3
6
5
3
6

eel o

0
7
9
3
5
8

56.2
40.9
43 7
34 2

7
2
8
4
1
0

55.8
37.4
37 4
30 3
51 7
75.0
76.2
77 8
82 7
41 0
50 3
47 9
58. 8
31 2
48.9
48 fi
91 0
59 o
50 3
56 7
58. 1
00 0
54 4
58 9
47.1
^80
42. 6
84 8

52.4
31.1
31 4
24 1
44 9
71.4
71.4
75. 9
78 6
36 3
53 3
52 5
56.3
26 6
44. 5
44 9
85 5
53 0
54 3
48 3
55.5
67 1
52 4
53' o
44.3
47 7
38.0
81 2

53.6
32.9
31.4
24 3
51 0
71.0
71.1
75. 1
70 3
37.2
61 4
61 9
59.8
25 9
45.0
45 0
83 5
54 2
56 7
44 2
59.8
60 3
58 8
53 4
45.6
52 0
37l 0
79 2

5f; 4

57
43
60
54
49
44

59
42
60
53
49
48

45 1
62 7

57 8
52 3

jo 0

8
g
5
6
4
1

48.7
31.7
29.9
23.6
49.2
68.5
67.2
71.2
72.8
32.1
55.7

1
!

55l 7
23.2
39.1
38.3
79.7
48.3
50.1
41.0
49.4
46. 9
54. 6
49.3
43.9
47.1
37.4
81.8

!

i:
i

5
3
5
9
1
1

52.8
37.5
54. 6
50.1
41 5
44.6

79 5
54 6
351
52.0
43.3
79 7
93 3
89.7

78 4
59 3
34 3
54. 9
36.9

61 5
47 0
29 7
46.5
30.2

57 3
47 0
27 8
46.9
29.6

72.0
33.9
25. 0
44.5
30.0

77 ^
91 2
92,7

74 3
88 4
89.1

73 e
86* 0
89.6

70.7
82.4
83.4

94 1
77 8

78 0
74 1

73 7
72 5

72.7
68.9

70 7

85 4
79 7
4g 1
77
U. i'I

36 9
75 4

31 S
7'} 9

3° 7
2 73 9

37.9
69.6

°1 75

°1 21

OQ 29

20 74

18 99

19 51

17.58

23.95
18. 19
14 57
81.7

23.10
18.05
13 85
79.7

22.20
17. 07
13 37
76.2

22.56
17. 00
13 63
77.9

21.84
16.28
I 9 79
71.4

22.37
16. 67
13 32
73.3

19. 97
14.84
11. 64
66.1

80.4
84 6
85 7

77.7
81 6
84 5

75.0
SI 0
80 3

72.1
76 6
77 6

73.2
76 3
79 1

70. 9
73 i
7/1 9

72.6
74 8
77 3

64.8
66. 6
67. 5

89 9
84.1
102 2
91 1
78.3
75 7

91 2
83.5
101 4
90 9
78.4
76 4

87 0
79.4
95 1
()0 3
75.3
72 2

78.1
99 4
87 5
76.3
71 7

74.4
97 0
86 3
72.9
70 8

76.2
96 3
85 4
74.4
71 °

76.4
95 8
84 1
72. 5
60 0

83 2
73.2
94 5
82 9
71.8
69 1

77.6
68. 3
90.0
80.7
64. 8
64.5

37 00
.659

.660

.662

**4 22
.669

. 664

.684

30 53
.675

.678

.624

. 37
.37
.21
.38
.45
.45
.50
.21
.36
.22

37
.36
.20
36
.46
.44
51
.21
.36
.20

36
.35
.20
36
.45
.45
51
.22
.35
.20

36
.35
.19
37
.47
.44
50
.20
.35
.22

35

34
.38
. 18
37
.46
.43
51

39
.40
. 19
37
.45
.41
50
.18
.38
.24

.50
1.10. 5

.50
110.5

.50
107.5

.50
107. 5

.45
107.5

W AGES— EARNINGS AND RATES
Factory, weekly earnings (24 industries):
All wage earners
dollars
MaleSkilled and semiskilled
dollars..
Unskilled
dollars..
Female
.
dollars
All wage earners
..1923=100M aleSkilled and semiskilled.
1923=100.Unskilled.
.
1923=100
Female
_._
1923 = 100.
Factory, weekly earnings, by States:
Delaware
1923 1Q25 — 100
Illinois
1925-1927=100..
New Jersey
1923-1925=100.
New York.
1925-1927=100
Pennsylvania1923-1925 = 100..
Wisconsin
.
1925-1927=100
Miscellaneous data:
Farm wages, without board
(quarterly) .
dolls, per month
Railroads, wages per hour
dollars..
Road-building wages, common labor*—
United States _
dolls, per hour
East North Central
dolls, per hour..
East South Central
dolls, per hour..
Middle Atlantic
dolls per hour
Mountain States...
dolls, per hour..
New England
dolls, per hour..
Pacific States
dolls, per hour
South Atlantic
dolls, per hour..
West North Central
dolls, per hour..
West South Central
dolls, per hour..
Steel industry—
U. S. Steel Corporation dolls, per hour..
Youngstown district
p. ct. base scale. _




1

Revised.

34
.36
. 18
36
. 46
.43
50
.20
.35
.24
.45
107. 5

1 19
37
.46
.42
51
.21
.35
.24

1 36
.23

33
.40
.18
38
.47
.43
61
.21
.36
.23

.45
107.5

.45
107.5

.45
107.5

" Beginning with March, 1932, method of computing rates was changed.

33
.40
. 17
40
.44
.43
49
.21
.42
. 25
.45
107.5

.33
.37
.19
.40
.44
.39
.48
.20
.33
.24
.45
107.5

.45
107.5

30

SURVEY OF CURRENT BUSINESS

Earlier data, together with explanatory
footnotes, may be found in the 1932
Annual Supplement to the Survey

1932

1931

May

August SeptemOctober
ber

May

June

July

July, 1932
1933

Decem- January
No v m
b er "
ber

F

^ni-

March i April

FINANCE
BANKING
Acceptances and commercial paper outstanding:
Bankers acceptances, total. .-mills, of dolls..
Held by Federal reserve banks—
For own account
. mills, of dolls .
For foreign correspondents
mills, of dolls
Held by group of accepting banks, total
mills, of dolls
Own bills
mills, of dolls _
Purchased bills
mills of dolls
Held by others
mills, of dolls
Commercial paper outstanding
mills, of dolls
Agricultural loans outstanding:
Credit banks, intermediate. .mills, of dolls..
Land banks Federal
mills of dolls
Land banks, joint stock
mills, of dolls..
Bank debits, total
mills, of dolls
New York City
mills of dolls
Outside New York City
mills, of dolls..
Brokers' loans:
Reported by New York Stock Exchange
mills, of dolls
Ratio to market value
..per centBy reporting New York member banks
_
mills, of dolls.
Federal reserve banks:
Acceptance holdings. (See Acceptances.)
Assets total
mills of dolls
Reserve bank credit outstanding
mills of dolls
Bills bought
. mills, of dolls
Bills discounted.
mills, of dolls
United States securities ..mills, of dolls..
Reserves, total _.
mills, of dolls
Gold reserves
mills, of dolls
Liabilities, total
mills, of dolls
Deposits, total
.mills, of dolls
Member bank reserves mills, of dolls..
Notes in circulation ..
mills, of dolls
Reserve ratio
percent
Federal Reserve member banks:
Deposits—
Net demand
mills of dolls
Time
mills, of dolls..
Investments
..mills, of dolls..
Loans, total
mills, of dolls..
On securities
mills, of dolls. .
All other loans
mills, of dolls. .
Interest rates and yield on securities:
Acceptances bankers, prime
per cent
Bond yields. (See Bonds.)
Call loans, renewal
.. per cent
Com'l. paper, prime (4-6 mos.)
per cent..
Discount rate, N. Y. F. R. Bank.. per cent..
Federal land bank loans
per cent
Intermediate credit bank loans
per cent..
Real estate bonds, long term
per cent
Stock yields. (See Stocks.)
Time loans, 90 days
_
per cent
Savings deposits:
New York State _.
mills of dolls
U. S. Postal SavingsBalance to credit of depositors
thous. of dolls..
Balance on deposit in banks
thous. of dolls..

787

1,413

1,368

1,228

1,090

996

1,040

1,002

974

961

919

911

5

124

95

39

70

420

647

418

305

119

76

36

16

380 ;

341

243

228

100

99

126

251

314

312

335

2<jo

464
171
293
444

554
196
357
379

668
232
436
278

606
168
438
186

410
162
248
66

230
112
118
63

296
125
171
162

262
131
131
156

332
159
174
195

343
175
168
189

377
155
222
162

455
188
268
115

111

305

292

289

271

248

210

174

118

108

103

106

108

116
1,143

137
1,182
532
45, 299
25, 893
19, 406

137
1? 179
551
39, 451
21, 007
18, 444

133
1,178
548
34, 027
17, 501
16, 526

130
1,174
545
36, 700
20, 073
16, 627

124
1,171
540
38, 803
20, 678
18, 125

124
1, 167
535
29, 069
14, 464
14, 605

120
1,163
530
36, 345
19, 233
17, 112

118
1,158
525
33, 569
17, 676
15, 893

114
1,154
520
27, 251

12, 498

131
1,184
536
43, 930
25, 072
18, 858

12, 870

112
1, 150
513
29, 889
16, 160
13, 729

113
1, 146
507
29, {J24
15, 558
14, 366

300
1.86

1, 435
3.37

1,391
O QQ

1,344
3.03

1,354
3. 04

1,044
3.23

796
2.38

730
2.35

587
2.20

512
1.94

525
1.90

533
2.18

379
1.87

409

1,539

1,479

1,390

1,366

1, 172

S69

720

591

505

495

525

495

5,566

4,932

5,154

5, 146

5,409

5,530

5,666

5, 580

5,672

5,523

5,374

5,399

5,560

2, 096
36
490
1, 549
2, 987
2, 790

917
125
174
598
3, 413
3, 250

943
106
149
668

976
73
195
678

1,255
215
255
728
3, 619

1,578
469
328
742
3,301
3,138

2,184
681
728
727

1,931
452
718
717

1,853
339
638
817
3, 158

1,856
153
899
746
3, 169
2,976
5,523
2,093
1,947
2,665
66.6

1,709
109
828
740
3,140
2, 938

1 5^7
68
639
872
3, 235
3, 020
5, 369
2,012
1, 924

1,850
48
556
1,228
3, 123

5,777
7,327

11, 166
5,751
7,149
12, 830
5,574
7,256

3

2^-3

183

490
25, 411

12,913

5,566

2, 240
2,113

2,572

4,932
2,442
2,389

62.1

1,580
84.9

11, 102

13, 605

5,664
7,385
11,631
4,907
6,724

7,347
7,807

14, 730
6, 867

7,863

3,576
3,409

3,597

3,431
5,146

5, 154
2, 504
2,381
1, 723
84.6

2,527
2,367

1,765
83.8

13, 688
7,172

13, 473
7,144
7,810
14, 486
6, 544

7,795

14, 691
6, 746

7,945

7,942

K

3,456
5,409
2, 632

2,373
1,963
78.8
13, 244

7,003
7,665

14, 398
6, 519

7,879

Ji-lH

Ks-1/8

2.50
3.00
5.63
4.79
0

1. 45
2-2 H
•1.50
5. 63
4.00
5.43

1.50
2
1.50
5. 03
3.90
5.69

1.50
2
1.50
5.03
3.81
5.43

1.50
2
1. 50
5.63
3.81
5.76

Ui 2

1M-2

i^-ih

±1A-11A

5,243

5,083

5,156

5,149

23,4-31/2

K

K

5,530
2,506
2,364
2,098

71.7
13, 227

6,775

7,916
14, 191

6,346

7, 845

2,903
2,746
5, 666

2,380
2,167

2,429
60.4

12, 449

6,358
7,700

13, 521
5, 897

7,624

3,080
2,918

5,580
2,252
2,051
2, 480
65.1
12, 199
6,142
7, 506
13, 350
5, 807

7,543

K 1M 1M--3K 2J/8-3M
2.50

2,989

5, 672
2, 125
1,961

2,624

66.5

11,877
5,898
7,428
13, 104

1.50
2
1.50
5.63
3.81
5.80

2.10
2-4]4
*3. 50
5.63
4. 06
5.00

1M-1K

1M-2

2K-4

3-1

3-4

5,173

5,231

5,217

5,213

5,255

3^4-4M
3.50
5.63
4.50
5.71

14,381

5,374

1,937
1, 849
2,651
68.4

5, 500
2, 225
2, 124

2,566

2,563

67.1

11,003
5.700
6,935

10, 941

11, 144

12, 588
5, 440
7, 14 S

12,211
5,328
6,883

93

4 2^

2.50
3^-4

3^-4

*3.00

3.50
5.63
5.34
5.50

2

3,004

70.7

2.65

2.70
3M-4
3.50
5.63
5.06
5.43

879

5. 63
5.43
0

5,680

7, 143

93£ 5£

2.50

31/2-4

3.00
5.63
5.44
5.50

3K-4

3M-3M

2% 314

5, 240

2

2 5, 293

5,242

5,685

7,151

111,88
5, 099

6,783
% 2l/i
2.50

3H-3?4

3.00
5.63
5. 27
5.50
o 3

2

5, 262

733, 527

325, 028

347, 417

372, 457

422, 699

468, 908

536, 660

564, 809

605, 112

658, 081

683, 627

699, 280

713, 867

644, 487

289, 034

306, 120

329, 655

365, 798

395, 725

449, 933

479, 035 2 510, 763

570, 525

602, 317

620, 139

634, 752

91
43, 210

167
190, 480

93
40, 745

158
180, 028

305
233, 505

522
471, 380

175
67, 939

358
342
277, 051 2219,071

2 124
2 65, 419

246
2 14, 991

271
2 31, 924

22, 248
126
552
12
47
14
65
50
27
9
78
250
1,570
19
108
295
401
88
357
302

1,993
109
449
7
74
26
57
37
21
7
53
167
1,435
20
84
235
360
89
243
404

1,983
141
520
13
40
16
39
49
17
13
75
258
1,322
19
86
257
363
66
239
292

1, 944
136
427
9
37
18
52
49
14
6
61
181
1, 381
12
109
220
441
78
235
286

1,936
113
449
13
50
14
49
32
23
6
64
198
1,374
15
90
273
353
87
234
322

2,362

2,195
131
519
12
55
11
62
64
24
18
82
191
1,545
19
114
289
411
124
260
328

FAILURES
Bank suspensions:
Total
_
number
77
Deposit liabilities
thous. of dolls.. 36, 084
Commercial failures:
Total
number
2,788
Agents and brokers _
number
129
Manufacturers, total
number
672
Chemicals, drugs, and paints... number __
14
Foodstuffs and tobacco.
.number..
51
Leather and manufactures
number..
25
Lumber
number
83
Metals and machinery.. ,
number
64
Printing and engraving __
number
44
Stone, clay, and glass
number..
15
Textiles
._ .
number
145
Miscellaneous
number
231
Traders, total
number..
1,987
Books and paper
. _
number
27
Chemicals, drugs, and paints number. _
114
Clothing
number..
434
Food and tobacco
. number
511
General stores
number
134
Household furnishings
number. .
386
Miscellaneous—
number..
381
2
Revised.




143
614
11
64
18
54
55
32
9
81
290
1,605
18
112
284
447
105
260
379

2,758
154
591
14
52
20
65
49
29
11
116
235
2,013
16
142
421
591 !
159
343 1
341

3,458

2,732

175
688
22
58
25
82
75
28
12
133
253

128
602
19
53
20
62
77
26
23
103
219

2,595

2,002

37
120
701
556
195
536
450

16
126
505
489
144
398
324

* Rate changed May 8, Oct. 9, Oct. 16, 1931, and Feb. 26, 1932.

2,951
201
642
17
53
19
86
80
24
14
105
244
2,108
14
148
437
545
158
487 !
31Q

2,816
169
641
23
65
21
77
59
31
18
92
245

2,006

24
123
448
475
110
426
400

July, 1932
Earlier data, together with explanatory
tootnoies,
footnotes, may be
&e found
round in ine
the 1932
ivzz
Annual Supplement to the Survey
!

SURVEY OF CURRENT BUSINESS
1933

May

31
1932

1931

May

Juno

July

j August SeptemOctober I November
ber

1 January

™- I March

Apiil

FINANCE—Continued
FAILURES-Continued
Commercial— continued.
Liabilities, total
- thous. of dolls
Agents and brokers
thous of dolls
Manufacturers, total
thous. of dolls
Chemicals, drugs, and
paints
thous. of dolls ..
Foodstuffs and tobacco. .thous. of dolls. Leather and manufactures.
thous. of dollsLumber
._
thous. of dolls
Metals and machinery. „. thous. of dolls ...
Printing and engraving.. thous. of dolls. .
Stone, clay, and glass,!.. thous. of dolls. .
Textiles
_
thous. of dolls
Miscellaneous
thous of dolls
Traders, total
thous. of dolls..
Books and paper
thous. of dolls. .
Chemicals, drugs, and
paints
thous. of dolls..
Clothing
_
thous. of dolls
Foods and tobacco -. -thous. of dolls
General stores
thous of dolls
Household furnishings.. -thous. of dolls..
Miscellaneous
thous. of dolls ._

83, 764
18, 100
36, 078

53, 371
9,796
18, 506

51, 656
3,813
21, 909

60, 998
12, 321
20, 586

53, 025
10, 210
16, 967

47, 256
7,741
14, 857

70, 600
14, 841
27, 334

60, 660
7,318
26, 112

73, 213
12, 373
22, 454

96, 860
10, 676
31, 680

84, 900
10, 016
33, 879

93, 760
16, 349
31, 293

101, 069
16, 194
43, 138

477
646

345
411

513
1, 363

873
565

285
492

701
1, 266

596
1,100

1,242
810

1,022
1, 076

836
1,836

2, 587
805

312
1,480

679
935

1,337
9, 958
4, 549
1,546
252
4, 096
7,277
35, 585
445

346
4,763
34560
602
83
1,660
6,737
25, 069
125

1,068
3,928
7, 267
735
349
939
5,746
25, 934
264

524
3,492
2,632
683
216
2,022
9,580
28, 091
163

252
3,039
1, 723
136
243
2, 035
8,717
25, 848
110

133
1,241
3,471
519
228
1, 252
6, 046
24, 658
575

216
3, 659
6,183
750
2, 305
4, 619
7,905
29, 486
668

198
3,567
9,157
744
1,049
2,004
7,341
27, 229
321

705
2,480
1,414
706
2, 698
3,543
8,810
38, 385
231

1,033
6. 445
3, 332
652
130
3,903
13, 512
54, 505
556

3,172
4, 347
5, 398
1,208
1,575
4,357
10, 431
41, 005
104

2,390
5,947
5,414
982
498
2,943
11, 329
44, 118
139

1,188
5, 757
6,307
1,265
945
4,031
22, 030
47, 736
922

1,342
7, 732
8,856
2,198
7, 729
7,283

915
3,778
7,162
1, 303
5,730
63055

756
3, 242
5,654
807
5, 474
9,738

1. 104
4,497
8,201
1,151
6,855
6, 118

1,106
5,056
7, 260
1,212
6, 008
5, 096

1, 464
4,722
4,884
1,314
5,579
6,119

1,348
6, 131
8,272
1,734
5,489
5,845

1,323
4, 309
7,674
1, 502
5,828
6,273

1,901
5,624
12, 881
2,616
7,721
7,410

2, 254
11, 262
12, 681
4,957
11, 358
11,437

1,890
8,687
10, 085
2,287
9,531
8,422

1,929
5,327
12,267
5,582
11, 474
7,399

1,623
7,921
15, 542
1,629
10, 019
10, 080

15, 769
6,345
1,541
4, 804

15, 871
6, 356
1, 537
4,814

15, 978
6,353
1, 535
4,818

16, 070
6,359
1,533
4, 826

16. 135
6,363
1, 530
4, 833

16, 227
6,379
1,527
4,852

16, 288
6,387
1,523
4,864

16, 366
6, 382
1,512
4,870

16, 459
6,397
1,512
4,885

16, 537
6,393
1,506
4,887

16, 572
6,383
1,498
4, 885

5,927
1,164
1,611
2,653
499
2,331

5,990
1, 189
1,644
2,653
504
2,363

6, 035
1,213
1,662
2, 657
503
2,388

6,092
1, 258
1,667
2,663
504
2,409

6,143
1, 292
1, 663
2, 669
519
2,446

6,159
1, 283
1, 605
2, 687
524
2,508

6, 164
1, 284
1,667
2,688
525
2,544

6,167
1,289
1,667
2, 686
525
2,594

6,163
1,290
1,664
2,683
526
2,655

6,177
1, 303
1,672
2,679
523
2,704

6,177
1, 302
1678
2,675
522
2,742

1,168
1,256
35
45
845
926
288
285
980, 000 1,005,000
72, 000
81. 000
236, 000 251, 000
672, 000 673. 000
268, 658 256, 586
25, 175
13, 868
8, 037
8,117
59, 884
60, 654
175, 562 173, 947

1,276
22
994
260
905, 000
46, 000
253, 000
606. 000
260, 103
17,979
8,114
55, 612
178, 398

1,254
26
995
233
839, 451
45, 944
246, 908
546, 599
234. 652
9,304
7, 895
62, 874
154, 579

968
22
723
223
720, 218
37, 300
199, 218
483, 700
222, 309
9, 019
7, 521
55, 319
150, 450

1, 035
18
761
256
817, 858
40, 504
213. 931
563, 423
241, 561
10, 125
7,484
58, 365
165, 587

1,229
1,100
1,551
19
49
44
804
951
1,156
248
259
350
846, 617 1,117,187 944, 848
28, 595 101, 205 111,920
230, 344 261, 773 217, 552
587, 678 754, 209 615,376
235, 201 348, 384 248, 576
9,812
14, 434
23, 904
7,464
8,862
10, 166
59, 204 113,491
60, 570
158, 721 200, 823 164, 710

1,089
21
816
252
833, 324
35, 123
220, 568
577, 633
249, 578
10, 412
8,225
61, 157
169, 784

1,2 4
21
931
271
889, 664
46, 574
251, 059
593, 031
261, 166
13, 00 3
9,333
56, 810
182, 020

1,144
36
860
248
822, 990
64, 884
236, 898
521, 208
250, 826
13, 331
8,178
57, 693
171, 624

735
321
70
84
259
111

635
267
63
74
231

589
243
61
69
217

535
221
57
61
196
124

600
258
61
64
216

593
268
58
61
206

639
279
66
65
229
123

557
245
54
59
199

. 707
.139
.067
. 999
,121
4.86
,039
.238
.361
.052
.494
.402
.100
.268
.614

.703
.139
.075
.997
.121
4.86
.039
.237
.360
.052
.494
.402
.097
.268
.585

.699
.140
.072
.997
.121
4.86
.039
.233
.360
.052
.494
.403
.093
.268
. .543

.646
.139
.064
.997
.121
4.86
.039
.237
.359
.052
.494
.403
.088
.268
.460

. 597
.139
.059
.963
.120
4.53
.039
.234
.339
.052
.493
.403
.090
.261
.419

4,767

4, 865

4,958

4,975

4,948

LIFE INSURANCE
(Association of Life Insurance Presidents)
Assets, admitted, total
....mills, of dolls-.
Mortgage loans..
mills, of dolls..
Farm
Dills, of dolls..
Other
mills of dolls
Bonds and stocks held (book
value)
mils, of dolls. _
Government.
nills. of dolls..
Public utility
nills of dolls
Railroad
..mills, of dollsOther
mills of dolls
Policy loans and premium notes.thous. of dolls..
Insurance written:
Policies and certificates
thousands—
Group.,
thousands. .
Industrial
._
thousands .
Ordinary
thousands. .
Value, total _ . _ _ ..
thous. of dolls
Group
thous of dolls
Industrial
.. _
thous. of dolls
Ordinary
thous. of dolls..
Premium collections
thous. of dolls..
Annuities
thous. of dolls
Group
.
thcus of dolls
Industrial
thous of dolls
Ordinary
thous. of dolls..

1, 090
23
833
233
760, 127
49, 114
222, 956
488, 057
245, 270
12, 287
7,205
27, 954
167, 824

(Life Insurance Sales Research Bureau)
Insurance written ordinary, total-mills, of dolls..
Eastern district..
mills, of dolls
Far Western district
mills, of dolls..
Southern district
mills, of dolls..
Western district
. _ mills, of dolls
Lapse rates .. ..
1925 1926-100

531
230
52
59
190

724
313
69
82
261

630
279
64
67
220

800
342
80
89
289
127

635
289
63
68
214

.520
.140
.056
.891
.121
3.89
.039
.232
.287
.052
.493
.404
.090
.231
.349

.588
. 139
.062
.890
.121
3.72
.039
.237
.280
.052
.493
.402
.086
.207
.450

.585
. 139
.062
.827
.121
3.37
.039
.236
.254
.051
.435
.402
.084
.187
.446

. 583
.339
.062
.851
.121
3.43
.039
.237
.258
. 050
.360
.402
.084
.192
.449

.582
.139
.062
.873
.121
3. 46
.039
.237
.260
.052
.343
.404
.078
.193
.462

. 583
.139
.062
.895
.121
3.64
.039
.238
.273
.052
.322
.403
.076
.199
.471

. 582
. 140
. 065
. 899
. 107
3.75
.039
.237
.280
.052
.328
.405
.077
.191
.473

4,447

4, 363

4,450

4,452

4,384

4,372

4,381

433, 150 406, 781 348, 479
58, 312
26, 368
25, 385
43, 909
107, 863 128,211
19, 238
37, 644
234,912
2 72, 951 -90, 567 —24, 671
936, 784 914,012 960, 035
91, 273
91, 704
89, 185
5,531
5, 627
5,645

344, 500
3, 909
49, 509
2
19,
271
2
—30, 238
949, 796
85, 906
5, 452

MONETARY STATISTICS
Foreign exchange rates:
.583
Argentina
dolls, per gold peso
. 140
Belgium
dolls, per belga
. 071
Brazil.
dolls, per milreis..
.884
Canada
dolls, per Canadian doll-.080
Chile
dolls, per peso—
3.68
England
dolls, per £__
.040
France
dolls per franc
.238
Germany
..dolls, per reichsmark...
.273
India
dolls, per rupee-.052
Italy
_
dolls, per lira..
.328
Japan. .
dolls per yen
Netherlands
dolls, perflorin.. .406
.081
Spain..
dolls, per peseta-.187
Sweden
dolls per krona
.475
Uruguay
dolls, per peso—
Gold and money:
4,273
Monetary stocks, TJ. S
mills of dolls...
Movement, foreign —
Earmarked by F. R. B., foreign account
thous of dolls 366, 649
Net change in earmark acct.thous. of dolls.. 22, 149
Exports
thous. of dolls.. 212, 229
16,715
Imports
thous of dolls
Net gold imports*
thous. of dolls- —185,514
Production, Rand..
fine ounces.. 965, 644
Receipts at mint, domestic
fine ounces-- 100, 763
Money in circulation, total— .mills, of dolls.. 5,456
Federal Reserve notes. (See Fed. Res.
Bks.)
2 Revised.




123, 795
4, 000
628
50, 258
49, 680
910, 279
95, 133
4,679

31,531
77, 231 356, 321 463,931 435, 621 458, 534
61,231
92, 264 -29, 700 -16,000 -279,090 -107.600 28, 310 -22,913
39
40
1, 009
28, 708 398, 604
4. 994
32, 651
63, 887
57, 539
20, 512
49, 269
60, 919
94. 430
89, 509
63, 847
19, 503
57,500
20, 561 -337.685 89, 436
56, 858
897, 000 916,843 916, 425 916, 000 945,113 900,510 923, 353
114, 651 118, 123 115, 343 128. 928 123, 748 134, 775 123, 555
4,947
5, 133
4,750
4,836
5,478
5, 518
5,611

* Or exports

(-).

32

SURVEY OF CURRENT BUSINESS

July, 1932
1933

1931

Earlier data, together with explanatory
footnotes, may be found in the 1932
Annual Supplement to the Survey

May

Juno

July

i August I

Se

Novem-: Decem- January! Febru£^ ~j October
ber | ber
ary
m

March

April

FINANCE—Continued
MONETARY STATISTICS -Continued
Silver:
Exports
thous. of dolls..
Imports
thous. of dolls..
Price at New York
dolls, per fine oz._
Production, estimated, world (85 per cent of
total)
thous. of fine oz
Canada
thous. of fine oz..
"Mexico
thous. of tine ox
United States
thous. offineo z _ _
Stocks, end of month United States.
thous. offineo z _ _
Canada
thous. of fine oz..

1. 865
1, 547 !
.278

2, 099
2, 636
.277

1,895
2, 364
.273

2, 305
1,663
.283

2, 024
2, 685
.,275

2,183
2, 355
.282

2, 158
2, 573
.295

872
2, 138
.322

2, 168
3, 215
.301

1,611
2, 097
.298

942
2, 009
.301

967
1,809
.298

1 Q?4

14, 469
1,836
7, 374
2, 762

12, 418

1 227

7,041
2, 433

12, 855
2, 133
6,390
2,176

12, 643
1.610
6,, 814
2, 419

12,490
1, 403
7, 510
2,101

12, 992
1,987
7,312
2,181

11,739
1,659
6, 295
2, 132

10, 821
1,113
5, 590
2,350

11,571
1,484
6,231
2,114

11,086
1,539
6, 293
1,677

9, 113
1,128
4 548
1, 785

5, 867
1, 983

1,485
1,423

1,611
958

2, 077
754

2,240
1,363

4, 082
989

4, 066
1,110

5,035
1,471

6, 209
1,273

6,517
1, 324

6,408
1, 538

7,479
1,677

731

2
2

1,617
1. 890
.283

2

2, 104

2

6,718
1,681

1, 338

NET CORPORATION PROFITS
(Quarterly)
profits total
mills, of dolls
Industrial and" mercantile.,
total
mills, of dolls..
Autos, parts and aecessories.mills. of dolls. .
Foods
mills, of dolls
"Metals and minin?
mills of dol's
Machinery
mills, of dolls
Qil
mills of dolls
Steelandrailroadecuiipiiient mills, of 'lolls
JMiscell'ineous
mills of dolls
Public utilities
mills, of dolls
Railroads Class I
mills, of dolls
Telephones
mills of do'ls

*
1

441

390

267

254.4

159
Go
35
3
5
(I 11
9
53
78
132
72

97

d1
d 30
22
d •>

29.4
1.6
23.4
d 02
d 0. 3
0 5
d 24. 5
28 9
70.9
66.0
58.7

14
29
d1

3
5
(11
48
59
167
67

2

d 13
d 13

33
79
125
64

PUBLIC FINANCE (FEDERAL)
Debt, gross, end of month
mills,
Expenditures, chargeable to ordinary
receipts
thous.
"Receipts ordinary total
thous.
Customs
"
- thous.
Internal revenue total
thous.
Income tax
thous.

19, 037

16, 527

16, 801

16, 802

16,864

17,321

17, 292

17, 310

17, 825

17,816

18, 126

18, 507

18, 597

of dolls.. 447,019
of doll91 035
of dolls _ IS 004
of dolls
0') 013
of dolls.. 22 324

285, 892
124, 405
27, 463
76, 865
28, 766

375, 153
512, 894
2S, 986
345, 863
294, 201

330. 601
131, 706
34, 4SO
74, 169
24,376

323, 838
122, 141
38, 240
68, 394
25,211

356, 630
368, 792
35, 500
312 581
263, 877

416,472
134 649
35, 175
72 356
25, 773

292, 652
106 304
27 445
59 098
19, 546

862, 348
342 271
26 549
295 499
256, 522

232, 927
107 748
27, 180
62 539
22i 134

370, 986
97, 140
23. 191
59 054
23,317

385, 486
275, 932
23, 231
231, 830
192, 703

543, 759
98, 822
21, 383
55, 201
20, 469

402, 307
368, 507
33, 800
252, 918
11, 350
0
3,813
3, 425
0
2,700
220, 416
16,113
1, 226
20, 000
120, 889

267, 137
267, 137
0
155, 934
15, 439
844
1,651
800
0
' 350
136, 800
0
1,200
15, 000
96, 203

126, 836
126, 836
0
51, 997
9,597
0
2, 650
2, 100
0
1, 985
27, 456
12, 295
0

313, 330
263, 330
50 000
176, 264
4, 550

45, 932
45, 932

130, 787
130 787

139, 391
139 391

193, 939
193 939

94, 497
94, 497

190, 020
190, 020

70, 202
583

86, 331
19, 100

48, 164
2,319

44, 551
100

57, 344
341

5, 784
2,619
500
1,979
51, 285
12, 550
0
6, 000
54, 585

5,785
3,185
0
2, 575
53, 398
0
8,048
12, 000
41, 060

1,225
1,075
0
690
44 620

74, 839

67, 009
66, 785
0
66, 445
42, 080
60, 000
2, 625
20, 000
117.066

17.891
2, 160
941
9, 625
9, 125
0
9, 125
2,000
0
3, 165
12, 000
16, 041

0
34, 901
4,950
1,700
15,000
34, 947

1,911
905
0
755
51, 097
3,425
571
25, 000
107, 675

142, 319
142,319
0
48, 194
0
0
490
490
0
0
46, 206
0
1,498
25, 000
69, 126

251, 163
224, 803
106, 043
0
118, 820
26, 300
. 151,145
121,575

222, 564
223, 504
115, 070
15,000
92, 45)5
0
44, 573
40, 864

120, 329
120, 329
46, 197
0
74, 132
0
6, 507
5,800

270, 540
220, 540
106, 381
0
114, 158
50, 000
42, 791
19, 883

44, 988
44, 988
17, 391
12, 000
15, 597
0
945
500

110,215
110,215
50, 123
6, 000
54, 092
0
20, 571
20, 079

118, 751
118,751
66, 984
12, 000
39, 767

179,919
179,919

20, 641
19, 347

14, 020
1,500

73, 389
73, 389
38, 863
0
34, 526
0
21, 109
5, 688

160, 612
160, 612
48, 247
5,000
107, 365
0
29, 408
9, 097

70, 268
70, 268
15, 070
25, 000
30, 199
0
72, 051
33, 124

! 396,423
247,034
5, 884

265,017
153, 814
2,120

114, 674
3-9, 835
12, 162

300, 465
163, 309
12, 80S

42, 326
14, 285
3,606

106, 932
46, 347
23, 855

100, 523
47, 463
38, 868

189, 520
43, 745
4, 419

90, 685
40, 738
3,813

187, 282
54, 607
2,738

142, 319
48, 194
0

1 120,336
1 30,892

85, 327
45,602

75,618
91, 522

119, 143
104, 129

18, 293
50, 122

54, 322
74, 625

49, 244
83, 142

135, 154
111,018

35, 310
100, 757

88, §47
174, 948

of dolls..

CAPITAL ISSUES
Total, all issues (Commercial and Financial
Chronicle)
.
thous. of dolls.. 122, 802 427. 713
Domestic total
-. ..thous. of dolls. 122 80° 417,569
10, 144
Foreign total
thous. of dolls
0
250, 590
Corporate, total"
thous. of dolls. _ 22 931
J
Industrial
- --- -thous. of dolls. .
" o ! 6, 850
0
0
Investmert trusts
thous. of dolls
10,415
Land, buildings, etc
thous. of dolls..
0
9, 485
Long-term issues
thous. of dolls..
0
265
0
Apartments and hotels.thous. of dolls..
o
8, 650
Office and 5commercial. thous. of dolls..
210,
025
22, 031
Public utilitie
-thous. of dolls
22, 500
Railroads
thous. of dolls .
800
200
Miscellaneous
thous. of dolls . .!
100
Farm loan bank issues
thous. of dolls i 15, OOu
Municipal, States, etc
thous. of dolls.. i 85, (531 174, 879
Purpose of issueNew capital, total
thous. of dolls. . 91, 211 344, 104
Domestic, total
thous. of dolls.. 91.211 334, 020
Corporate
.thous. of dolls | 7,231 161, 360
100
Farm loan bank issues.thous. of dolls.. i
°
Municipal, State, etc.. .thous. of dolls.. ! Si, Oil 172, 560
10, 144
0
Foreign
thous. of dolls i
83, 549
Refunding, total
thous. of dolls.. 31, (12
8.1. 230
Corporate.
thous. of dolls.. i 15, 000
Type of security, all issues:
Bonds and notes, total
thous. of dolls.. 122,802 367, 188
C orporate
thous . of dolls. .1 22,231 190, 065
60, 525
0
Stocks
thous. of dolls i
1
State and municipals (Bond Buyer):
Permanent (long term)
thous. of dolls ! 84, 880 169, 094
24, 772
Temporary (short term)
thous. of dolls.. !1 44,714
SECURITY MARKETS
Bonds

o
o

o
o

o

o

o

0
0
12, 500
133, 275

46, 664
0
133, 255

o

o

0
2,900
0

o

0
0

2

2 66, 883
118, 077

j
|

Prices:
All listed bonds, avg. price (N. Y. S. E.)
dollars !
Domestic issues
dollars... i
Foreign issues..
dollars.. ii
Domestic (Dow-Jones) (40)
p. ct. of par 4% bond..
Industrials (10)
p. ct. of par 4% bond,.. !
Public utilities (10). p. ct. of par 4% bond.. 1
Rails, high grade (10)
p. ct. of par 4% bond..
Rails, second grade (10)
1
D. ct. of par 4% bond
Domestic (Standard Statistics) (GO). .dollars.
Domestic U. S. Liberty (.V. Y. Trust) (5)
p ct of par i
Foreign (N. Y. Trust) (40)
p. ct. of par.. i




o

0

o

70. 62
73. 57
05. 40

93. 67 '

94.88 i
91,60 ;

94. 77
95. 86
92. 89

93.14
95. 49
89. 13

91. 09
93. 75
86. 54

81.70
88. 34
70.04

79.28
86.13
67.28

75.19
84. 13
59. 55

72.29
80.19
58.35

73.45
80.34
61.31

75. 31
82.02
63,51

76.12
80. 57
68.30

74.49
79. 31
65.99

43. 08
38. 14
63. 88

80. 48 ;
66. 70 ',
80. 91

79. 07
64. 36
82. 76

80. 99
67.75
83.68

77. 05
65., 82
82. 81

72.24
61.60
78.40

65.06
65.48
71.93

64.08
56. 31
72. 15

53.23
47.37
65.84

57.47
50.04
68.09

57.23
48. 84
66.23

58. 25
49.51
69.61

49.42
43.42
66. 11

09. 09

97,68 ;

97. 73

97.70

95, 14

92. 70

84. 35

83.73

75.29

76.95

75.30

79.28

73.23

46.54

34.33

99.63
50. 13

102. 24
46. 37

27. 30 1
75.2 1

82. 54
99. 7 !

100. 78 i l 0 6 . 84
41. 71
81.01 i

' Revised.

78. 51
99.4

80.34
99. 4

70.. 78
98. 5

64. 11
95.6

56.49
89.4

53. 02
89.0

39.11
81.6

46.54
81.0

47.52
80.4

106. 30
83. 84 i

106. 09
72. 32

106., 04
71. 02

103. 76
53.98

100. 37 ,
56.10 i

100. 86
50. 20

98.23
45.61

96.01
49. 63

99.16
51.45

d =deficit.

33

SURVEY OF CURRENT BUSINESS

July, 1932

1932

Earlier data, together with explanatory
footnotes, may be found in the 1932
Annual Supplement to the Survey

1932

1931

May

May

June

July

August

e

October

January!

Fe

March

April

252 712
51, 281

252 354
68,916

^u-

FINANCE—Continued
SECURITY MARKETS— Continued
Bonds— Continued
Sales on New York Stock Exchange:
Total
thous. of dolls, par value .
Liberty-Treas.. -thous. of dolls, par value..
Value, issues listed on N. Y. S. E.:
Par all issues
mills, of dolls
Domestic issues
mills, of dolls _
Foreign issues
mills of dolls
Market value, all issues
mills, of dolls
Domestic issues . . . . -mills, of dolls. _
Foreign issues
mills, of dolls ._
Yields:
Domestic (Standard Statistics) (60) .per cent..
Industrials (15) _ .
per cent..
Municipals (15)
per cent..
Public utilities (15)
... ...percent..
Railroads (15)
.
per cent-Domestic, municipals (Bond Buyer) (20)
..per cent-Domestic, U. S. Government —
Treasury bonds (3 long term)
per cent-Treasury notes and certificates (3-6 months)
_per cent--

235 687
14, 431

267 752
15, 167

227 899
8,284

199 710
8,675

193
307
886
857
504
352

50 849
31 742
19 106
47 630
30 117
17, 513

51 846
32 744
19 102
49 133
31, 389
17, 744

51 939
32 746
19 192
48 376
31 269
17, 107

51 950
32* 762
19 188
47 319
30 714
16 605

6.41
8 35
5.06
5.65
6.57

4.43
5 24
3.75
4.44
4.27

4.45
5 25
3.76
4.46
4.32

4.44
5 13
3.88
4.42
4.32

4 94

3.74

3.84

3.77

3.31

3.30

31

88

Total (Journal of Commerce) ...thous. of dolls.. 493, 800
Dividend payments
thous. of dolls.. 224 800
Industrial and miscellaneous
thous. of dolls 169 000
Railroads, steam
thous. of dolls. _ 21 700
Railways, street
_
thous. of dolls.. 6* 100
Interest payments
thous. of dolls _ 269 000
Dividend payments (N.Y. Times). thous. dolls- 271, 120
Industrial and miscellaneous thous. dolls.. 257, 574
Railroad
thous. dolls. _ 13 546
Dividend payments and rates (Moody' s):
Dividend payments, annual payments at
current rate (600 companies) .—mill, dolls- 1, 367. 1
Number of shares adjusted
.millions.. 924 f 8
Dividend rate per share, weighted average
(600)
... .dollars. _
1 48
Banks (21)
....dollars5.43
Industrials (492)
dollars. .
1 09
Insurance (21)
dollars..
2.77
2 os
Public utilities (30)
dollars..
Railroads (36)
dollars..
1 37

258 441
86, 816
52
33
18
36
24
12

346 979
56, 157

236 617
37, 389

337 826
61, 046

286 527
67, 676

217 385
54, 794

671
551
121
031
640
392

52 599
33 500
19 100
41 703
28 852
12, 850

52 547
33 451
19 097
39* 512
28* 141
11,371

52 360
33 409
18 951
37 848
26, 791
11, 058

52 242
33 329
18 913
38 372
26 777
11, 595

52 245
33 306
18 939
39 347
27 319
12, 028

4.50
5 26
3.88
4.40
4.47

4.70
5 64
4.00
4.50
4.66

5.16
6 21
4.51
4.77
5.14

5.19
6 08
4.62
4.89
5.17

5.81
7.24
4.86
5.29
5.86

5.86
7.11
5.28
5.36
5.70

5.91
2 6 98
5.40
5.49
5.78

5.70
2 g 79
5.09
5.30
5.60

3.86

3.85

4.06

4.34

4.45

4.87

4.94

4.96

4 73

07

3.32

3.34

3.42

3.71

3.69

3.92

4.27

4.11

3.92

3.74

.55

.41

.42

.45

1.70

1.77

2.41

2.48

2.42

2 25

1 11

2556, 124
2228 000

762, 077
345, 700

945, 976
386 900

489, 858
244, 700

532, 840
232 500

747, 157
288 400

557, 742
251, 000

670, 951
231, 100

997, 938
403, 100

443, 200
195, 900

494, 269
214 700

654, 200
226 700

212 500
2 31' 500
2
7 000
268 124
451, 702
407, 694
44 008

236 900
<M 000
6 800
416 377
309, 518
330, 688
68 830

367 000
41 500
11*400
559 076
212,819
199, 836
12 984

169 700
33* 500
6 000
245 158
380, 793
348, 437
32 355

174 000
26* 500
6 000
300 340
286, 265
266, 372
19 894

225 000
36' 000
8,500
458 757
232, 255
206, 070
26 185

183 000
32 450
10, 550
306 742
371, 135
343, 006
28 128

179 500
28, 800
10, 800
439 851
284, 499
249, 075
36 424

300 000
42' 500
1 1, 600
594 838
202, 300
181, 637
20 663

143 000
29 000
7,900
247 300
366, 996
337, 527
29, 469

158 800
30* 500
4 900
279 569
250, 405
239, 461
10 944

164 500
28 200
7 500
427 500
161,770
154, 515
7 255

2, 201 . 4
911 69

2, 148. 6
911 88

2, 105. 4
912 11

2, 077. 4
920 56

2, 010. 6
920 69

1, 935. 0
922 59

1, 888. 5
922 59

1, 807. 1
923. 36

1, 744. 2
922 50

1, 621. 4
922. 57

1, 545. 0
922 76

1, 476. 6
924 54

2 41
6.20
1 92
3 53
2 98
5 09

2 35
6.14
1 87
3.49
3 00
4.83

2 31
6.14
1 81
3.38
3 00
4 75

2 25
6.11
1 75
3.38
2 99
4 75

2 18
6.11
1 70
3.35
2 95
4 23

2 09
6.11
1 64
3.08
2 87
3.91

2 04
6.11
1 60
3.08
2 87
3 64

1.96
6.31
1.55
3.00
2.84
2.79

1 89
6.31
1 48
2.95
2 83
2.64

1.76
6.17
1 33
2.95
2 80
2.36

1 67
5.43
1 27
2.89
2 76
2 21

1 60
5.43
1 22
2.77
2 69
1.68

142 9
57 5
81 0
129. 82
193.75
65 89
98 0
89 4
156 4
76 8

138 4
56 0
78 2
133. 33
198. 56
68 09
95 1
86 5
153 0
74 0

143 5
58 2
79 9
129. 36
193. 83
64 88
98 2
89 8
157 5

138 8
66 9
70 1
124. 32
190. 59
57 87
95 5
88 5
154 0
66 2

118 8
47.9
58 6
101. 62
156. 80
46 44
81 7
75 8
131 9
56 1

101 8
40.3
53 2
95.69
146. 65
44 72
69 7
64 8
111 9
48 4

104 0
40 0
48 6
90.40
142. 97
37 82
71 7
67 5
114 7
46 0

81.2
33.3
35 8
74.20
119.96
28 44
57.7
54.3
95 6
33.0

79.4
32.2
37 9
73.80
116. 92
30 68
58 0
54.4
94 4
36.6

80.0
32.7
36 8
74.10
118. 92
29 28
56.5
52.9
92 8
34.2

81 5
29 3
34 5
70.78
115.42
26 14
56 8
53 8
93 4
32 1

62 7
25.3
23 6
52.85
87.88
17 81
43 9
41.7
73 3
22.2

110 8
102 2
46, 661

109 2
98 8
58, 719

111 0
105 4
33 540

104 2
102 5
24 890

88.2
86 4
51 140

78 8
72 2
47, 895

82.2
75 0
37, 369

60.6
54 9
50, 190

63.8
46 9
34, 342

64.1
48 1
31,719

67 1
51 9
33 061

54. 3
39 5
31 403

42, 534
1,306

47, 417
1,303

44, 423
1,303

44, 587
1,314

32, 327
1,317

34, 247
1,319

31, 105
1,319

26, 694
1,319

26, 378
1,319

27, 586
1,320

24, 502
1,314

20, 319
1,325

5.95
6.23
4 42
7.91

5.96
6.26
4 47
7.76

5.66
5.89
4 33
7.54

5.74
5.94
4 36
8.15

6.51
6.63
5 11
9.59

7.28
7.49
5.74
10.07

7.06
7.32
5.50
9.79

8.66
9.04
6.60
12.70

8.22
8.89
6.37
9.01

8.04
8.81
6.06
8.60

7.16
7.53
5 74
9.15

9.13
9.52
7 34
12.74

5. 63

25.59

25.56

25.78

* 6. 86

»6.89

26.78

7.43

305 816
38, 493
52
33
19
43
29
13

52
33
18
39
26
12

277
343
934
794
863
931

52
33
18
38
2Q
12

218
329
890
897
431
465

6.00
7 33
5.02
5.50
6.16

Cash Dividend and Interest Payments
and Rates

Stocks
Prices:
Dow-Jones—
Industrials (30)
dolls, per share _
53 3
Public utilities (20)
dolls, per share. _
22 4
Railroads (20)
dolls, per share .
18 3
New York Times (50)
dolls, per share.. 46. 06
Industrials (25)
.dolls, per share.. 77.96
Railroads (25)
dolls per share
14 16
Standard Statistics (421)
1926=100
39 8
Industrials (351)
1926=100 _
38 1
Public utilities (37)
1926=100
67 8
Railroads (33)
1926=100
17 4
Standard StatisticsBanks, N. Y (20)
1926 = 100
46 6
Fire Insurance (20)
1926=100
28 3
Sales, N Y. S. E
thous. of shares
23 151
Value, and shares listed, N. Y. S. E. —
Market value all listed shares mill, dolls.. 16, 141
Number of shares listed.
millions.. 1,320
Yields:
Common, Standard Statistics (90).per cent..
9.57
Industrials (50)
per cent-- 10.02
Public utilities (20)
per cent-8 08
Railroads (20)
per cent.. 11.86
Preferred, Standard StatisticsIndustrials, high grade (20)
.per cent..
7.75
Stock holders (Common Stock)
American Tel. & Tel. Co., total
number
Foreign
number-Pennsylvania Railroad Co., total
number
Foreign
number _
U. S. Steel Corporation, total
number-- -Foreign
_ number
Shares held by brokers
per cent of total-.
2

Revised.




--

25.57

2

602, 057
6, 735
244 025
3,291
156, 238
2,520
14.37

612 755
6,870
244 675
3,284
169, 017
2 701
13. 16

2

6. 25

2

6.22

8

6.74

642, 427
6,947
248, 777
3,268
179, 572
2 803
13.29

667 238
7 047
251 591
3 267
187, 409
2 924
11 97

34

SURVEY OF CURRENT BUSINESS

Earlier data, together with explanatory
footnotes, may be found in the 1932
Annual Supplement to the Survey

1932

1931

1932
May

July, 1932

May

June

July

August

De c e m
h 0 r -I

- October

i January

uti

F

^™diy

M a r c h ! April

FOREIGN TRADE
INDEXES
Value:
Exports, unadjusted
1923-1925=100
Exports, adjusted forseasonal_1923-1925=100._
Imports, unadjusted
1923-1925 = 100
Imports, adjusted forseasonal-1923-1925=100._
Quantity, exports:
Total agricultural products. .1910-1914= 100..
Total, excluding cotton
1910-1914= 100._

i
48
54 !
54 1

43

48

54

51

48

;

47
52
54

45
53
56

44
52
51

44
46
46

}?48

63 ;
97 ;

53
83

86
92

139
127

137
114

143
106

164, 808

180, 228

204, 905

193, 540

184, 070

6, 162
5,070
34, 66C i 28, 996
10, 885
8, 357
79, 977 1 74, 567
7,392
8, 106
8,286
7, 873
3,239
3, 757
32, 564
27, 815
33, 572
31, 167
32, 677
30, 579
14, 446
13, 161
3,402
3,088
12,945
10, 770
4,706
4,420
2,316
1, 660
838
1,557

4, 140
34, 548
12, 370
90, 361
7,726
12, 837
3,986
34, 589
28, 471
27, 797
12, 266
2,856
10, 230
3, 658
1,996

700

5,376
37, 221
13,131
111, 983
8,802
17, 352
6, 158
50, 559
27, 279
26, 621
12, 793
2 878
10, 252
3,435
2,489
983

3,598
41, 227
14, 249
100, 826
8,681
15, 694
4,108
46, 280
26, 155
25, 760
12, 395
2,902
9,354
2,701
2,626
974

4,317
43, 660
18, 445
92, 242
8,279
14, 587
7,076
36, 699
20, 101
19, 777
13, 158
3,120
10, 100
3,130
2,717
895

28, 056
9,981

177, 382
44 390
23.5
28, 415
10, 290

201, 390
63 624
39.8
39, 316
13, 967

190, 339
68, 077
43.6
34, 473
13, 754

180, 801
68 407
47.3
27, 068
9,404

18, 306
7.6
6.8
11.6

18, 075
8.0
6.4

18, 125
9.2
6.3

6.7

20, 706
11.6
6.0

7.0

25, 347
16.2
7.1

27 451 i 27 948
97, 625 i 88,396
12.8
11.5
7.2
9.0
22.7
28.3
173, 455 174, 460

23 868
84, 069
10.7
8.8
20.4
166, 679

21, 389
83, 189
8.7
7.2
24.7
170, 384

21 184
77, 269
8.5
7.2
20.2
168, 708

35
37
35
34

54
57
56
55

49
55
54
57

74
75

66
89

58
86

132, 292

203, 970

187, 077

6,129
33, 420
11,201
89, 576
10, 121
13, 153
3,867
34, 238
42, 432
41, 664
17, 149
4,911
15, 286
5,583
2, 555
1,930

4,648
30, 277
8,798
88, 149
8,688
10, 819
3,622
30, 915
35, 824
35, 030
15, 423
4,340
12, 869
4,295
1,735
1,775

128, 946
29 849
17 7

182, 797
29 070
13.5
28, 650
11, 119

177, 025
28 376
13.5
32, 305
13, 999

161, 494
25 500

20 014
8 613

199, 225
36 484
18.9
29, 414
10 546

11,401
4.5
4 5
5 5

18.868
26.6
7 8
2
7. 5

17,531
5.7
7. 1
8.8

18 598
60, 485
7 9
9.9
11 3
112,274

29 891
103,
436
2
14. 3
12.5
2
26. 5
179, 694

59

40 i
39 !
42
42

41
45
41
41

4"!
41
41
37

36
38
39
36

111
81

117
85

111
79

SO
SI

149, 978

153, 936

155, 254

135, 236

2 717
39 408
20 742
74 038
8 800
11 004
4 027
33' 306
20, 551
20, 247
9,791
2 554
7 419
2 207
2, 275
552

3 734
35 746
16 582
70 413
10 451
13 388
3 673
23 383
2." 328
24, 993
11 410
2 Q14
S 62°
3 063
2. 439
3^0

2 %8
24 067
7.873
63 033
8. 854
10.293
4 275
21,264
24,724
24. 325
11.918
3 082
8 535
2.842
2,511
338

146,912
49 735
36.0
23, 657
8, 193

150, 997
52 581
37 3
22 758
8 494

151,769
50 409
36 5
21 793
8 510

132, 40S
34 023
20 7
21 001
9 ~c'0

8.5

17, 673
6.6
7.3
7.6

15,464
7.4
6.1
5.3

14, 264
7.0
6 0
51

13,213
5. 9
47
=^4

11.211
4. 0
42
76

20 797
67, 005
5.5
8.3
15.7
149, 480

20 633
64, 683
7.9
5.9
17.7
153, 773

18 822
54, 698
6.8
7.6
11.4
135, 530

18 331
57 327
7 4
7.0
13 8
130, 978

18 29^
61,343
'q 3
6.3
13 *>
131, 292

1^ &02
5S,4&3
78
8.3
12 2
126. 676

VALUE

1

Exports, incl. reexports
thous. of dolls..
By grand divisions and countriesAfrica
thous. of dolls
Asia and Oceania
_ thous. of dolls .
Japan
thous. of dolls..
Europe
thous. of dolls
France
thous. of dolls. .
Germany
thous. of dolls. .
Italy..
thous. of dolls..
United Kingdom
thous. of dolls..
North America, northern. .thous. of dolls..
Canada
_
thous. of dolls_.
North America, southern_.thous. of dolls..
Mexico
thous. of dolls
South America
.
thous. of dolls .
Argentina
thous. of dolls..
Brazil
thous. of dolls..
Chile
thous. of dolls
By economic classesExports, domestic
thous. of dolls..
Crude materials
thous. of dolls
Raw cotton
mills, of dolls
Foodstuffs, total
thous. of dolls .
Foodstuffs, crude
thous. of dolls
Foodstuffs, manufactured
thous. of dolls..
Fruits and preparations-mills, of dolls..
Meats and fats
mills, of dolls
Wheat and
flour
mills, of dolls..
Manufactures, semi-finished
thous. of dolls
Manufactures, finished. -thous. of dolls..
Autos and parts . _ mills, of dolls..
Gasoline
mills, of dolls..
Machinery
._ mills, of dolls
Imports, total
thous. ofdolls..
By grand divisions and countries—
Africa
thous. of dolls..
Asia and Oceania
thous. of dolls..
Japan
thous. of dolls..
Europe
thous. of dolls..
France.
thous. of dolls..
Germany...
thous. of dolls..
Italy
thous. of dolls..
United Kingdom
thous. of dolls..
North America, northern.. thous. of dolls..
Canada
thous. of dolls..
North America, southern.. thous. of dolls..
Mexico..
..thous. of dolls..
South America
thous. of dolls..
Argentina
thous. of dolls
Brazil
thous. of dolls..
Chile
thous. of dolls
By economic classesCrude materials
thous. of dolls..
Foodstuffs crude
thous of dolls
Foodstuffs, manufactured.thous. of dolls..
Manufactures, semifinishedthous. of dolls..
Manufactures, finished thous. of dolls..

28, 386
20 596
16, 563
17, 238
29, 492

180,772

9.9

8.8

3, 140 i
38, 667
16,945
71, 082
9,340
12, 058
4,487
28, 606
18, 923
18, 572
10,813
2,829
7,276
2,025
2,014
339

4,337
49, 964
15, 580
51, 841
6,143
9,512
4,627
12, 354
25, 297
24, 110
19, 880
5,234
28, 844
3,215
11, 188
2, 912

2,773
52, 757
14, 988
47, 480
5,516
8,937
4,269
11, 000
23, 873
22, 854
20, 582
4,640
26,068
2,645
8,805
3,336

2,384
48, 772
16, 057
51,359
5,459
11, 734
4,138
10, 951
23, 874
22, 341
23, 953
3,409
24, 133
3,042
8,897
1,765

2,400
45, 581
16, 052
50, 776
6, 551
11, 373
4, 351
11, 509
21, 378
20, 529
23, 968
2,560
22, 567
3,595
7,770
2,057

3,096
42, 494
17, 256
60, 788
7,799
12, 203
5,635
13, 379
22, 956
21, 928
18, 652
2,665
22, 380
4,753
6,909
3,721

1,697
48, 413
19, 474
56, 302
8,971
12, 071
5,648
11,278
22, 815
21, 281
17, 793
3,110
21, 687
3,309
7, 616
2,818

2,141
44, 366
20, 408
49, 306
6,415
8,274
6,519
8,547
21, 113
20, 464
13, 029
2,538
19, 763
2,431
7,300
2,885

1,575
41, 114
18, 803
50, 231
6,722
8,187
6,630
9,237
21, 229
20, 037
14, 613
2,911
24, 179
1,653
10, 180
2,034

2,039
37, 846
14, 150
40, 986
4,080
1 6, 446
5,045
5, 954
17,
354
:
16, 216
i 15, 002
3, 704
21, 976
1
1, 803
1 8, 655
3,647

2,854
33, 553
12, 723
41,720
4 137
8,639
4 007
7,728
14, 658
14,608
16, 646
3,348
21,546
1 885
8, 552
2,093

3 711
35 498
13,163
36 482
4 244
6,504
4 467
7 702
17, 027
16 947
18. 409
4. 214
20,214
1 729
9, 038
1 ?06

2 107
37, 102
11.275
34, 239
3,925
6.497
4, 357
7,332
15, 896
15,729
19, 031
5, 778
18,301
2, 121
6. 223
1.090

54, 159
30 774
18, 850
30, 382
45, 529

52, 438
27 435
19, 744
29, 652
44, 186

49, 977
25 930
21, 120
29, 990
47, 442

47, 692
21 820
23, 540
28, 324
45, 303

52, 948
18 648
16, 483
30, 291
52, 013

52, 378
20 355
16, 469
29, 040
50, 467

47, 816
19, 537
13, 464
27, 422
41, 241

49, 853
22, 809
13, 872
25, 284
41, 069

38, 119
23 436
14, 880
26, 595
32, 491

37,310
22 849
14,911
24, 098
31,810

36,030
351870
17, 483
20, 031
32,789

36,300
19 172
18, 943
IS, S69
33.392

9,470
131

8,459
135

7,701
133

7,935
133

8.225
8.225
745, 280 803, 216
56. 211 59, 970

8.255
766, 176
56. 686

TRANSPORTATION AND COMMUNICATIONS
I

TRANSPORTATION
Express Operations
Operating revenue
Operating income

. . . thous. of dolls
thous. of dolls

10 493
107

10, 151
105

9,773
139

9,428
134

8.177
832, 076
63. 718

8.177
789, 885
60. 232

8.206
741, 327
56, 981

8.206
713, 467
55, 835

Electric Street Railways
Fares, average (320 cities)
Passengers carried
Operating revenues
'Revised.




cents _
...thousands.. 739, 796
thous. of dolls..

9,695 !
135

9,540
129

9,150
119

i
8.206
8.225
734,422 ! 795,443
55,966 1 59,704

8.225
8.225
724, 195 773, 079
53.428

8.231
747, 930

35

SURVEY OF CURRENT BUSINESS

July, 1932

Earlier data, together with explanatory \
footnotes, may be found in the 1932 \
Annual Supplement to the Survey
May

1931
May ! Jane

July

1932

Decem- January FebruAugust SeptemOctober Novemary
ber
ber
ber
j

March

April

TRANSPORTATION AND COMMUNICATIONS—Continued
TRANSPORT ATION-Continued
Steam Railroads
Freight earloadings (F. R. B.):
Index, unadjusted __
1923-1925 = 100__
Coal.
__1923-1925 = 100._
Coke
1 923-1925 — 100
Forest products _.
1923- 1925 = 100. .
Grain and products
1923-1925=100
Livestock
.
_ _ . 1923-1925 = 100
Merchandise 1 c 1
1923-1925=100
Ore _ 1923-1925 = 100
Miscellaneous
1923-1925 = 1 00. _
Index, adjusted
1923-1925 = 100
Coal
1923-1925 — 100
Coke
1923-1925 = 100..
Forest products
1923-1925 = 100
Grain and products.
1 923- 1925=1 00. _
Livestock
1923-1925-100
Merchandise, 1. c. 1...
1923-1925 = 100..
Ore
1923-1925 = 100
Miscellaneous
1923-1925=100
Total cars *
thousands
Coal
thousands
Coke
thousands
Forest products
thousands
Grain and products
. thousands
Livestock
thousands..
Merchandise, 1. c. 1
thousands..
Ore
_.
thousands
Miscellaneous
thousands
Freight car surplus, total
thousands..
Box.
_
thousands..
Coal
thousands
Equipment, mfgrs. (See Trans. Equip.):
Financial operations (Class I roads):
Dividends paid. (See Finance):
Operating revenues
thous of dollars
Freicht
thous of dollars
Passenger
thous of dollars
Operating expenses
thous of dollars
Net operating income
thous. of dollars
Operating results (Class I roads):
Freight carried 1 mile
mills, of tons. _
Receipts per ton mile
cents
Passengers carried 1 mile
millions

53
42
26
26
62
51
74
7
56
54
48
26
24
76
54
?
4
54
2,088
298
13

117
69
728
10
778
751
381
297

79
67
56
47
80
64
92
45
89
79
76
56
44
97
68
89
30
85
2
2, 959
456
26
132
143
82
870
69
2
1,181
616
306
239

77
63
45
43
78
55
89
77
86
77
73
49
41
90
65
89
43
82
2, 992
443
22
125
140
75
876
119
1, 192
599
306
224

78
64
41
38
120
56
87
92
83
76
73
46
38
100
67
88
51
79
2,931
433
19
106
220
71
830
139
1, 113
564
288
211

76
68
38
38
95
64
86
89
81
72
70
42
36
78
72
86
52
73
3,747
594
23
138
228
106
1,069
175
1,413
574
303
206

78
74
42
37
83
76
88
79
81
69
69
42
35
68
64
85
49
68
2,908
497
19
104
149
96
841
121
1,081
564
293
210

78
83
45
33
82
86
87
50
81
69
72
44
33
74
64
83
36
69
3,813
727
28
123
193
145
1,081
102
1,415
535
290
185

70
72
46
31
80
80
85
16
70
68
65
44
33
76
69
83
23
72
2, 620
486
21
87
145
104
806
25
946
659
341
249

61
70
50
25
62
66
77
10
57
69
65
47
30
63
66
83
40
73
2,273
471
23
71
112
87
742
15
753
751
401
269

58
66
47
25
66
65
757
54
64
58
43
28
69
62
81
31
67
2,270
461
23
73
124
88
747
12
742
742
381
283

59
66
52
27
74
57
75
7
53
62
61
45
27
78
60
78
29
62
2, 245
460
25
77
137
76
732
11
728
722
367
278

58
67
48
27
62
49
75
7
54
61
71
48
27
72
56
75
28
57
2,287
485
24
80
116
66
749
11
750
705
364
265

57
52
31
27
66
56
75
9
57
59
62
32
26
86
61
73
18
56
2 773
461
19
99
154
193
931
17
998
728
294
363

369, 020
283, 161
46, 981
288, 067
41, 264

369,810
281, 261
50, 957
280, 145
50, 163

377, 146
290, 348
50, 272
280, 127
56, 535

364, 525
280, 103
49, 183
269, 463
55, 859

350, 335
270, 239
44, 757
258, 223
55, 319

363, 206
289, 193
38, 202
261,247
64, 020

305, 385
238, 459
35, 904
238, 507
36, 580

288, 631
214, 443
40, 577
241,439
21, 263

275, 371
208, 492
38, 024
229, 548
11,714

267, 272
205, 366
33, 882
211, 109
22, 043

290, 029
225, 031
34, 398
222, 482
32, 289

267,817
207, 969
31,008
211,631
20, 624

30, 014
1.054
1,870

28, 258
1.090
2,034

30, 276
1.051
2,116

29, 348
1.041
2,077

27, 847
1.049
1,900

30, 588
1.046
1, 541

25, 086
1.035
1,468

22, 663
1.037
1,641

22, 853
1.017
1,506

21,732
1.047
1,401

23, 580
1, 061
1, 407

21, 255

203, 230
385
1,759
828
919, 649
6, 645
2,027
1,015,469

211, 172
506
1,867
820
716, 991
7,613
1,963
871,513

186, 414
425
1,789
859
714, 370
8,385
1,860
972, 976

197, 997
587
1,755
884
710, 753
7,126
1,813
968, 763

221, 308
505
1,763
930
794, 975
6,248
2,019
850, 582

209, 864
510
1, 578
676
663, 636
3,049
1,964
954, 773

221, 673
0
1,649
744
31, 756
284
2,075
103, 954

178, 121
0
1,594
652
0
0
2,136
0

168, 189
0
1,645
628
0
0
1,766
0

190, 484
0
1,644
726
0
0
2,043
0

233, 186
250
1 444
620
278, 926
369
2, 045
464, 668

143, 627
86, 016
1,257
736, 187

237, 024
104, 300
1,331
849, 277

294, 720
104, 266
1,042
661,514

246, 551
106, 931
962
635, 571

213, 562
104, 873
1,135
603, 544

156, 642
86, 346
998
548, 640

119,972
168, 021
891
463, 164

46, 740
130, 807
780
338, 716

43, 845
112, 558
723
319, 266

71,615
113, 600
794
298, 394

172, 472
2 98 789
850
445, 731

6,543
4,302
2,241

7,536
4,794
2,742

7,463
4,729
2,734

6,837
4, 359
2,478

6,461
4,041
2,420

5,605
3,309
2,296

4,866
3,137
1,729

4,910
3,129
1,781

4,932
3,157
1,774

5,240
3,184
2,056

5,313
3 277
2 036

3.50
61

3.58
56

3.55
54

3.64
54

3.55
58

3.51
60

3.56
56

3.39
52

3.38
60

3.46
56

3.27
52

3.28
53

22, 518
23, 242
5,616
3,799
28, 513

25, 588
29, 579
5,893
3,534
27, 689

30, 944
46, 961
7,428
3, 174
17, 667

59, 372
65, 895
9,541
4,090
10, 749

62, 581
42, 247
8,733
5,017
8,812

32, 427
35, 016
10, 857
3,913
7,345

16, 823
23, 224
11,318
2,899
6,622

16, 932
24, 351
10, 727
2,642
5,513

17, 158
25, 016
8,550
2, 220
6,442

19,829
22, 920
6,188
1,984
6,475

22, 012
24, 718
6,239
2,103
10, 694

23, 261
19 980
6,746
2 469
18, 745

165, 683
41, 133

327, 604
81, 856

577, 284
140, 164

600, 033
146, 611

211,581
51,914

79, 700
18, 867

41, 723
7,514

38, 145
6,909

54, 167
9,617

45, 486
8,204

46, 120
7,951

61,443
12,026

1,900
5,055

2,051
5,470

2,023
5,413

2,091
5,564

1,969
5,409

1,674
4,499

1,526
4,238

1,677
4,852

1,643
4,530

1, 424
4,039

1,404
3,806

1,286
3,621

98, 381
64 513
26, 059
65, 757
23 721
17, 166

97, 507
53, 925
25, 763
65, 088
23, 628
17,094

96, 298
62, 398
26, 077
66, 034
21, 624
17, 018

94, 566
61, 260
25, 401
64, 102
22, 025
16, 977

94, 665
62, 263
24, 928
63, 099
23, 146
16, 992

96, 704
64, 154
24, 926
64, 997
23,209
16, 941

93, 275
62 851
22, 761
64, 075
20 887
16, 929

95, 272
63 826
23, 682
67, 322
20 036
16, 887

91,811
62, 730
21, 507
63, 806
19, 151
16,783

89,039
61, 248
20, 361
61, 645
18 490
16, 693

91, 683
62, 300
22, 038
61, 598
20 967
16, 640

89,815
61, 488
20, 950
60, 167
20, 587
16, 525

11, 744
9,133
10, 047
1 426

11, 875
9,212
10, 140
1,737

11,370
8,774
10, 534
461

10, 825
8,359
10, 060
387

11,012
8,441
10, 067
567

10, 859
8,243
9,531
951

9,660
7,387
8,564
722

10, 849
8,298
9,490
994

9,181
7,058
8,469
326

8,894
6,771
8,040
469

9 955
7,573
6,605
961

8 947
6,861
8,114
443

2

Revised.

Waterway Traffic
Canals:
Cape Cod.
..
short tons.. 212, 887 216, 559
415
457
New York State
_. thous. of short tons..
1,925
Panama, total
thous of long tons
937
U. S. vessels
thous of long tons
884, 380 1,165,791
St. Lawrence
short tons
1,568
4,335
Sault Ste Marie
thous of short tons
2,403
Suez
thous. of met. tons..
Welland. .
short tons 1, "036,879" 1,165,853
Rivers:
144, 873 169, 760
Allegheny _
_
short tons
110, 000 99, 901
Mississippi (Govt barges)
short tons
654
1, 508
Monongahela
thous. of short tons..
Ohio (Pitts, to Wheeling)
short tons- 438, 244 685, 526
Ocean traffic:
Clearances, vessels in foreign trade
5,619
_ _.
thous. of net tons.
6,539
3,403
4,014
Foreign
thous of net tons
2,217
2,525
United States
thous. of net tons
Shipbuilding. (See Trans. Equip.)
Vessel losses. (See Trans. Equip.)
Travel
Hotel business:
3.12
Average sale per occupied room
dollars..
53
Rooms occupied
per cent of total-Foreign travel:
Arrivals, U. S. citizens
number..
Departure, XI S citizens
number
Emigrants.
number
Immigrants
number
Passports issued.
number.. 30, 442
National parks:
137, 236
Visitors
number
Automobiles.
_ _.
number . 33, 578
Pullman Co.:
Passengers carried
thousands. .
Revenues, total
-thous. of dolls..
COMMUNICATIONS
Telephones (class A companies):
Operating revenues
thous. of dolls..
Station revenues
thous of dolls
Tolls, message.
thous. of dolls_.
Operating expenses
thous. of dolls..
Operating income
thous of dolls
Stations in service, end of mo
thousands
Telegraphs and cables:
Operating revenues
thous of dolls
Commercial telegraph tolls thous. of dolls
Operating expenses ._ .. thous. of dolls..
Operating income
thous of dolls

* Data for April, August, and October, 1931, and April, 1932, are for 5 weeks; other months 4 weeks.




SURVEY OF CURRENT BUSINESS

36

1932
Earlier data, together with explanatory |
footnotes, may be found in the 1932 \
May
Annual Supplement to the Survey

July, 1932

1931
June

May

1933

Decem- January
August Se^" October November
ber

July

February

March

April

CHEMICALS AND ALLIED PRODUCTS
CHEMICALS
Alcohol:
Denatured—
Consumption (disposed of)
„
thous. of wine gals.
Production
_.thous. of wine gals
Stocks, end of month, .thous. of wine gals,
EthylProduction-,.
-__thous. of proof gals
Stocks, warehoused, end of month
___
.thous. of proof gals
Withdrawn for denaturing
thous. of proof gals._L
Methanol, wood distilled—
Crude—
j
Production.._
_
gallons..! 245,935
Stocks, total
gallons..,1 561,347
At crude plants
gallons._i 230,644
At refineries and in transit
gallons.. 330,703
RefinedExports
gallons.. 44, 378
Price, wholesale, N. Y
dolls, per gal—|
.37
Production
gallons.. 72, 267
Shipments
gallons.. 76,404
Stocks, end of month
gallons.. 319,949
Methanol, syntheticProduction
gallons.. 742,826
Shipments
.gallons.. 349,034
___,.__
Stocks, end of month..gallons.. 2,727,442
Explosives:
j
Orders, new
thous. of Ibs.J
,_.
Production
thous. of Ibs.J
Shipments
thous. of Ibs.
Stocks, end of month
thous. of Ibs.
Sulphur and sulphuric acid:
Sulphur, production (quarterly)..long tons I
Sulphuric acid (104 plants)—
Consumed in prod, of fertilizer. short tons
Price, wholesale 66°, at works
._
_
dolls, per short ton—
15.50
Production..
short tons..|
_.
Purchases —
From fertilizer mfgrs
short tons..
From others
short tons..
Shipments—
To fertilizer mfgrs
....short tons..
To others—
short tons..

5,976
5,954
3,543

6, 517 i
6,195 |
3, 283 |

6,157
5,962
3, 036

6,320 I
6, 636 j
3,331

6,436
6,922
3,807

9,610
9,147
3,330

10,153
9,476
2,642

12, 430
11,413
1,629

5,034
5,225
1,823

3,801 !
3,965 j
1,987 I

3,960
4,089
1,640

5,025 :
4,555
1,517 !

13,111 | 11,975

12, 363

12, 952

16, 037

14, 084

14, 002

13, 224

14,711 ! 16,171 | 14,888
i
!
10,288 ! 10,491 ! 10,438

17, 024

15, 885

15,130

12, 690

5,870

9,153

12,574

14,026:

16,215

11, 637

13, 076

15,564

15,515

19, 350

8,574

6,265

7,335

6,700

113, 892 133, 507 183,851
541,307 485, 094 583,975
395,907 378, 991 466, 975
145, 400 106,103 117,000

206,416
529,425
410, 439
118,986

219,238 | 206,739 I
521, 660 I 525,866
390,425 ! 294,375
131,235 | 231,491 i

230,324
429,718
313,985
115,733

j 295, 359 ' 290,142
! 473,466 i 543,418
I 329,384 ; 395,533
i 144,082 147,885

37,473
.35
87, 486
89, 704
238,095

54,535 I
.35 !
141,873 i
154, 262 !
225, 706 i

36,053 i
.35 I
148,731
102,452 !
271,985 i

39, 434
.37
119, 620
125,361
266, 244

i 97, 940 : 27, 976
.37 '
.37
! 103, 279
112,967
! 2 76,401 59, 773
12 284,782 337, 976

13,120

247,808
624,399
494,192
130,207

!
|
i
i

52,048
.35
118, 052
257,707
429, 595

I 59,950 61, 240 42, 300 30,455
.35 ;
..35
.35
.35
i
56, 519
I 107,331 ! 91, 696 65,311
110,454 122,846 129,822 98, 431
I 426,472 I 395, 322 330,811 288, 899

182, 273
624, 543
526,543
98,000

154,473
609, 583
i 452,489
! 157,094

80, 065
.35
56,474
105, 060
240,313 ;

10,137

10, 340 | 9, 526

784,108 i 654,472 437,805 315, 940 663, 216 510, 432 i 364,118 327,556 i 585,880 546,086 ! 514,119 501,759
344.229 ! 429,361 i 283, 866 ! 414, 975 1 699,380 1,187,529 599,061 464,315 i 386,883 473,993 ! 425,596 406,329
1,683,555 I 2,908,666 ; 3,062,605 2,963,570 ;2,927,406 12,250,309 ,2,015,366 [,878,607 12,077,604 2,149,697 '2,238,220 2, 333, 650
26,441
26,960 I
27,379 i
21,115 i

26,719 !!
25,981
26,611 i
20,404 j

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

2n, 437
24, 548
24, 867
19, 956

105,356 ! 97,981 ! 94,218

94, 860

608,730

15.50
105,25d

25,803 !
26, 598
27, 403
17, 888

22, 657
24, 509
24, 035
IS, 264

26, 970
25, 282
25, 610
18,151

539,231

18, 648
18, 595
18, 087
18,712 I
I
332,038

15. 50 i 15. 50
99,654 I 108,782

12,988 ! 18, 802
9,655 i 14, 553

18,665 ! 14,644
14,119 | 15,906

8,512
31,773

10, 699
32,199

74 !
25 |
40
91
94
89, 194 ! 89, 409 115,207 127, 953 94, 416
7, 682
7,690 ! 7,078
7,554 ! 13,452
79,472 ! 80, 670 105, 717 115,621 i 75,114
106 i
497
383
915 !
300
59,970 | 97, 358 127, 599 146, 700 ' 120, 822
37, 998 |24, 730 47, 935 70, 022
61, 904
29,711 i 18, 809 35, 367 48, 590 33, 968
3,339 i 3,768
9, 858
6, 175 i 3, 331
14, 650 67, 958 65, 043 66, 440 i 50, 071

15. 50 j 15.50
110,599 | 102, 632

26,565 I 25,176 ! 14, 709
14,601 ! 18,876 | 23, 006

13,412
15, 967

14,134 ! 16,771 I 10,799 ! 13, 355
35,160 j 30,310 ! 33,134 30, 279

17,655
18, 064
17,488
18,530

I
!
i
I

17,965
17, 092
17,154 ,
18,362 i

17,814
16,804
17, 795
17, 587

I 250,910 j__

78,615 | 99,871 ! 95,681

'8, 606 I 95, 478

15.50
106, 751

15. 50 ! 15. 50
90, 772 i 92, 895

19, 095
18,175
1(5,148
18, 025

15. 50
117,613

i 2 65, 249 i

50, 557

15. 50 i 15. 50
104,573 ! 2 87, 816

15.50
59, 090

8,795
5,591
7, 670 2 ia? 145

6,850
13, 867

19, 591
28,311

21, 597 27,850 19,133 i 21,817
29, 208 j 25, 657 ' 26,732 22,492

15, 267
23, 214

66
81, 703
3,284
76, 785
67
77, 849
52, 837
29, 871
5, 577
12, 872

67
80, 469
11,877
59, 213
200
70, 754
51, 670
17, 029
3, 884
11, 998

868
71, 614
11,063
59, 542
' 149
61.433
42, 397
2,675
5,458
10, 501

1. 770

1. 770

15,865 '
14,554 >

FERTILIZERS
Consumption, Southern States
...
...thous. of short tons..
Exports, total
long tons..
Nitrogenous
long tons..
Phosphate materials
long tons..
Prepared fertilizers
long tons..
Imports, total
long tons..
Nitrogenous
long tons..
Nitrate of soda
long tons..
Phosphates
long tons..
Potash
....long tons..
Price, nitrate of soda, 95 per cent, N. Y.
..dolls, per cwt__
Superphosphate, bulk:
Production
..short tons..
Shipments to consumers
short tons..
Stocks, end of month
..short tons..
NAVAL STORES
Pine oil:
Production
_..gallons,.
Stocks, end of month
gallons,.
Rosin, gum:
Price, wholesale "B," N. Y-.dolls, per bbL.
Receipts, net, 3 ports
bbls. (500 Ibs.)._
Stocks, 3 ports, end of month
bbls. (500Ibs.)..
Rosin, wood:
Production
bbls. (500 Ibs.)._
Stocks, end of month
bbls. (500 Ibs.)..
Turpentine, gum:
Price, wholesale, N. Y
dolls, per gal..
Receipts, net, 3 ports..
bbls. (50 gals.)..
Stocks, 3 ports, end of month
bbls. (50 gals.)..
Turpentine, wood:
Production
bbls. (50 gals.)..
Stocks, end of month
bbls. (50 gals.)..
OILS, FATS, AND ANIMAL
BY-PRODUCTS

195
107, 918
6,637
91, 049
734
72, 159
46, 602
34, 006
4, 832
17, 706

2.050
224, 266
2
78,419
891,149

201, 628




1.770
146, 881
254, 761
898, 432

2.050

2.050

2. 050

1. 770

3.61
93, 980

3.30
28, 614

3.23
29, 539

3.44
31, 705

3.20
64, 070

497, 438 486, 863

426, 508

383, 354

347, 591

337, 221

21, 440
93, 142

23, 242
92, 258

23, 196
94, 331

20, 006
91, 762

26, 187
90, 540

26, 443
88, 479

.36
30, 849

.40
23, 147

.39
19, 844

.40
5,234

.39
3,808

.45
6,190

.45
17, 018

115, 178

120, 953

119, 388

112,311

101, 081

86, 679

73, 640

68, 947

3,797
4,817

3,922
5, 231

3,547
5,143

3,733
6,002

3,626
6,392

3,121
6,132

4,329
5,835

4,415
5,636

3.80
101, 157

350,472 351, 548 436, 480 439, 241

449, 173

459, 588

465, 466

17, 074
112, 295

25, 058
108, 350

26, 102
101, 537

.39
.36
53,459 1 37,112

.37
28, 995

101,905 i 122, 214 \ 114, 421

4.70
120, 819

4.68
165, 500

33, 593 34, 747
124, 830 126, 289
.54
37, 026

73, 896

5,151
5, 267

1. 770

210, 012 231, 207 210, 711 114, 205 172, 539 176, 973 140, 690 169, 695 162, 330 130, 046 162, 253
161,121
:, 958,237 2,012,847 2,000,497 1,866,368 1,845,125 1,859,713 1,828,913 1,814,948 1,789,303 1,723,947 1,736,534 1, 750, 720
3.87
116, 630

5,996
4,727

.55
52, 345

5,675
4,535

28, 495
131, 942

4, 370
5, 307

i

|
Animal fats and by-products (quarterly):
|
Animal fats—
j
Consumption, factory
thous. of lbs..|_.
Production
thous. of Ibs.J
Stocks, end of quarter
thous. of Ibs.J
Animal glues—
|
Production
.thous. of Ibs.J
Stocks, end of quarter
thous. of Ibs..!...

* Revised.

1. 770

2. 050

3.94
129, 018

30, 597
92, 695

1.770

644 ".
75. 732
3, 243
71, 862
81
100.136!
40 060
54
14, 236
41, 834

178,072 ! 2195, 589 3210, 289 J173,271 1 187,638 179, 405 230, 684 215, 019 203, 676 2 170,450
2
20,987 j 20, 599 14, 261 87, 614 2 59, 431 » 11, 662 213,628 2 18, 179 243,217 2 130,743
1,033,036 1,120,819 1,153,800 j'1,205,130 1,272,731 1,313,522 1,341,512 1,307,310 1,187,818

4.28
156, 810

3.04
91, 527

172 1
365
79, 242 98, 264
19, 600 32, 114
58, 200 65, 262
22
133
89,070 84,160
63, 041 40, 132
30, 114
8,404
5,517
5, 355
16, 268 35, 729

2, 607
5, 358

3.96
95, 642

;

!

i
166,069 !.
559, 588i>---|

_.

--

176, 221
491, 837
230, 999
20, 847
61,848

1
|
i

173, 389
576,013
222, 583

161 991
624,736 i
276, 508

21, 548
67, 474

19, 440
68,836

SURVEY OF CUERENT BUSINESS

July, 1932
Earlier data, together with explanatory
footnotes, may be found in the 1932
Annual Supplement to the Survey

1931

1932
May

37

May

June

1932

! Decem- January FebruOctober NovemAugust Septemary
ber
ber
1
ber

July

March

April

CHEMICALS AND ALLIED PRODUCTS—Continued
OILS, FATS, AND ANIMAL
BY-PRODUCTS-Continued
Animal fats and by-products— Continued.
Gelatin, edibleProduction
thous. of lbs__
Stocks end of Quarter
thous. of Ibs
GreasesConsumption, factory
_thous. of lbs__ _ - _
_
Production
thous. of lbs__
Stocks, end of quarter..
thous. of lbs._
Lard compounds and substitutesProduction,
thous. of lbs_.
Stocks, end of quarter
thous. of lbs_.
Fish oils (quarterly) —
Consumption, factory
thous. of lbs_.
Production
thous of Ibs
Stocks, end of quarter. _
thous. of Ibs..
Vegetable oils and products:
Vegetable oils, totalConsumption, factory (quarterly)
thous. of lbs_.
Exports
.thous. of Ibs
1,607 ~~~2~356~
Imports
thous. of Ibs.. 62, 891 72, 280
Production (quarterly)
thous. of lbs__
Stocks, end of quarterCrude
thous. of Ibs.. _ _ _ _ _
Refined
thous. of Ibs..
Copra and coconut oils —
CopraConsumption, factory (quarterly)
short tons
17,871
Imports
. _ _ short tons
10, 894
Stocks end of quarter
^hort tons
Coconut or copra oil —
Consumption, factoryCrude quarterly
thous of Ibs
Refined, total (quarterly)
_
thous. of Ibs..
In oleomargarine
thous. of Ibs_. ~~~8,~497~ ~~~8,~466~
15, 970
Imports.
_
_ .thous. of Ibs
28, 259
Production (quarterly)—
Crude
thous. of Ibs..
Refined
thous. of Ibs
Stocks, end of quarterCrude
thous of Ibs
Refined
thous of Ibs
Cottonseed and products:
Cottonseed —
Consumption (crush)..
short tons.. 196, 883 85, 851
Receipts at mills
short tons.. 74, 110 34, 055
Stocks at mills, end of month. .short tons.. 398, 200 45, 578
Cottonseed cake and meal—
797
Exports. «
short tons.
4,905
Production
.short tons.. 91, 193 42, 290
Stocks at mills, end of month. .short tons.. 150, 165 224, 282
Cottonseed oil, crudeProduction.
_thous. of lbs._ 67, 670 28, 022
Stocks, end of month
thous. of lbs_. 86, 349 33, 056
Cottonseed oil, refined —
Consumption, factory (quarterly)
_
.
thous. of Ibs..
In oleomargarine
thous of Ibs ~"l,~137~ ~~1,~2QO~
Price, summer yellow, prime
. 069
.032
N. Y
...
dolls, per lb__
36, 753
89, 717
Production
thous. of Ibs
Stocks, end of month
thous. of Ibs.. 705, 361 406, 376
Flaxseed and products:
Flaxseed—
1,496
Imports, United States
thous. of bush..
829
Minneapolis and Duluth—
456
Receipts
thous, of bush
424
Shipments
thous of bush
784
Stocks, end of month
thous. of bush..
Oil millsConsumption, quarterly thous of bush
Stocks end of quarter
thous of bush
1. 55
Price, No. 1, Minn..,.
dolls, per bush..
1.21
Production crop estimate thous of bush
Stocks, Argentina, end of month
5, 118
thous. of bush
6,693
Linseed cake and mealExports
thous. of lbs._ 20, 373 38, 172
Shipments from Minneapolis
3, 932
8,432
thous. of Ibs
Linseed oilConsumption, factory (quarterly)
thous. of Ibs,.
~~~.~088~
.061
Price, wholesale, N. Y
doils. per lb._
Production (quarterly)
thous. of Ibs. _
Shipments from Minneapolis
11,921
7,007
.thous. of Ibs
Stocks at factory, end of quarter
'
thous. of Ibs..
Oleomargarine:
Consumption (tax paid withdrawals)
14, 273
thous. of Ibs
15, 460
Price, standard, uncolored, Chicago
.128
.095
dolls, per lb
Production
-thous. of Ibs.. 14. 338 14, 902
2
Revised.




E:

4,415
8,647

1,625
6 543

4,574
8 312

5,406
10, 089

55, 715
94, 985
83, 074

51,941
90, 056
81, 072

49, 688
94, 569
91, 019

53, 837
87, 148
82, 960

278, 216
25, 140

276, 713
21, 718

306, 559
24, 757

220, 417
26, 465

54, 465
4,647
262, 106

52, 497
29, 847
247, 638

40, 893
17, 677
237, 933

34,810
6, 648
202 733

588, 168
1,775
75, 470
389, 915

1,008
74, 285

1,025
63, 096

517, 909
::::::::: 386,
176

1,057,325
489, 058
455 ~"I,"814~ "~1~670~
1,230 ""2,"46l"
50, 633
56, 748
56, 509
59, 225
66, 677
440,865
1,033,007

679, 049
525, 448

591, 342
209, 759

63, 434
17, 179
17, 491

18,012

20,207

49, 024
19, 832
23 795

19, 352

20, 953

53, 860
15, 622
25, 106

139, 128

137, 730

142, 435

78, 348
7,105
31, 000

78, 496
10, 947
29, 455

78, 039
14, 027
16, 589

6,169
34, 845

9,473
18, 228

6, 163
67, 169

13, 859
30, 784

13, 291
25, 186

828, 452
21, 426
62, 669
758 101

23, 955

23, 805

61 136
21, 400
25, 837

16, 244

138, 489
12, 749
19, 376

10, 361
31, 655

64, 327
11,429
20, 909

61, 388
68, 682

68, 702
70, 170

77, 887
57, 361

206, 123
16, 039

201, 036
17, 516

188,352
14, 800

191, 389
16, 527

9, 985
16, 090

530, 078
268,010
917, 183

512, 469
299, 613
704, 327

337, 001
155, 469
522, 795

23, 187
266, 534
217, 666

5, 792
237, 056
230, 677

12, 150
230, 261
204, 303

12, 752
157, 002
158, 478

226, 178
126,761

185, 977
133, 629

169, 826
130,375

163, 907
129, 328

116,793
117, 560

......... 297, 179
---- 232, 420
1,154 "~1~486~
1, 530

1,363

~~~1~297~ 220, 753
1,438

1~245

.042
225, 951
489, 866

.039
155, 577
555,211

.040
161,114
632, 618

.040
136, 804
682, 487

451, 324 862, 032 866, 694 718, 769 589, 363
875, 493 1,570,250 1.258.704 549, 170 368, 589
484, 374 1,192,592 1,584,602 1,400,325 1,179,210

42, 951
30, 294
32, 921

21, 424
13,287
24, 784

59, 148
94, 569
60, 241

225
21, 849
192, 293

1,304
12, 347
14C, 888

3, 590
28, 206
106, 358

10, 260
201,517
118,845

39, 829
385,190
137, 683

56, 060
387, 573
167, 359

38, 563
322, 283
202, 496

14, 175
17, 329

7,089
8, OS6

17,196
12, 065

136, 699
69, 745

269, 031
115,979

270, 412
144, 485

&7(T

1, 245
61 660

695, 188
720, 799

81, 899
67, 351

242, 191
1,012

"

. 044
.045
63, 989 206, 643
173, 945 231,079

.047
226, 631
346, 559

.068
30, 375
349, 276

.069
16,010
277, 837

1,150

1,685

1, 339

2, 469

1, 468

3,234

196

720

1,104

744

1, 551

789
501
790

378
386
675

2, 436
406
747

2,766
786
1,381

1,452
924
1,422

1,026
1, J 59
1,605

316
541
872

197
199
649

119
124
508

141
109
552

190
24
684

7. 205
i, 198
1. 48

1.64

1.41

7,610
4 241
1.37

1.32

1.46

1.41

1.40

1.40

1.35

.059
11,968
212, 371

i

7,112
3, 721
1.43
3 11,018

. 035
112,900
704, 598

4,331

3, 346

1, 772

1, 378

1, 969

3, 937

5,394

7,480

7,874

53, 225 j 57, 736

48, 615

49, 027

42, 782

32, 838

20, 5G3

34, 265

38, 116

23, 8C3

11,414

13,972

17, 385

14,354

18,019

14, 518

9,773

6,528

4,405

5, 082

95,544 L
.086
130,635

.091

.083

70, 504
.076
141, 205

59, 167
.067
99, 783

."OC6

6,788 ;

6,285

5,126

7, 525

4,921

5,709

39, 769

7,653

78,200

!

5,675
.

6, 806

.~6~3~
4,410 i

."675"
4,125

57, 354
.071 """ ."067
130, 479

3,152

4,782

.~065~
4,440

154, 490

107, 508

166, 424

9, 289

16, 483

19, 499

23,401 1

22,838

22, 831

19, 892

18,351

17, 703

16, 768

.110 ;
.106
12.643 i 11,271

.105
16.075

.119
18. 836

.127 !
.133
23. 965 i 22. 138

.134
23. 173

.128
20. 388

.098
17.232 '

.095
18,973

. 095
16. 684

13, 180 i

a As of Dec. 1.

38

SURVEY OF CURRENT BUSINESS

Earlier data, together with explanatory
footnotes, may be found in the 1932
Annual Supplement to the Survey
i

1933

July, 1932

1931

May

May

June 1

1

August : Scg|£m~ October

July

X

°™m"

D

19 32
March

^H January | ™™-

April

CHEMICALS AND ALLIED PRODUCTS—Continued
;

!
j

PAINTS
Paints, varnish, and lacquer products: *
Total sales (588 estab )
. -thous. of dolls
Classified (315 estab.)
thous. of dolls
Industrial
_. thous. of dolls..
Trade
thous. of dolls
Unclassified
thous. of dolls..
"Unclassified (273 estab.)
thous. of dolls
Plastic, cold-water paints, and calcimines:
SalesCalcimines
.dollars.. 126, 685
Plastic paints
dollars.. 65, 309
Cold-water paints.
dollars __ 67, 990

33, 403
22, 600
8,071
14, 430
1.00
10, 803

28 587
19, 126
7,031
12,011
84
9,401

22,606
15, 112
6,235
8,802
75
7,493

165, 023
109, 100
105, 963

140, 854
74, 821
85, 773

126, 822
51,288
83,113

14, 779
4,911

19,998
4, 092

If), 795
4,398

16,747
4,908

1,625
381
508
736

2, 230
570
695
965

2, 006
520
643
843

2,017
532
612
873

ROOFING
Dry roofing felt:
Production
_
..short tons
Stocks, end of month
short tons..
Prepared roofing, shipments:
Total
thous. squares. Grit roll
thous. squares..
Shingles (all types)
thous. squares
Smooth roll . .
. -thous. squares

!

j

21,323
14,242 j
5,764
8,392 j
85 I
7,082
1
122, 137
66,869
72,789
|

21, 948
14, 680
5, 638
8, 956
86
7,268

161,743
63, 924
81,037

17,143 i 18, 356
4,761 | 4,834
2,237 'i
568 i:
602
1,067 :

2, 597
711
689
1, 198

20 742 i
13, 956
5,370 i
8,499
86
6,786

145,374 ! 98,634
75,886
67,420
65, 275
52,170

16, 116
5,021
2, 302
574
600
1,128

i
i
i
i
,

15 895
10,871
4, 697
6 119
53
5 024

16 271 2 19 089
11, 256
11 309
4, 626
4, 499
6 563
6 810
67 2
0
5, 025
7 780

70,755 '
40,890
43,492 ';

96, 574
56, 696
52, 566

94,199 2 120,355
51,673
54,373
56, 935
71, 232

13 486
16,492
11,419
9,555
4,453
4,478
6,915 ! 5 036
41
so :
5,074
3 931

12,028
5,456

9,181 i 10 ^77
5, 768 ! 5, 188
983 !
197 |
214

"'374 <
303
998

12 126
4,787

1,774
390
287
1,097

22 590
13 330
4, 639
8 691
0
9 260
2

146, 674
60, 322
272,546

2

14 032
4,910

14 603
4,892

1,918
503
311
1 103

2, 367
634
530
1 ?0°

1,761
425
248
1 088

ELECTRIC POWER AND GAS
ELECTRIC POWER

j

Consumption, industrial, for power purposes. ;
(See Business Indexes.)
:
Fuel consumed in production of electrical
energy. (See Fuels.)
;
Production, total
mills, of kw. hours
By source—
\
Fuels
mills, of kw. hours i
Water power
mills, of kw. hours
By type of producer:
Central stations
mills, of kw. hours
Street railways, manufacturing plants, etc.
... .mills, of kw. hours
Sales of electrical energy:
Sales to ultimate consumers, total
(N. E.L.A.}
mills, of kw. -hours
Domestic service
mills of kw. -hours
Commercial — retail
mills, of kw.-hours.Commercial— wholesale
. mills, of kw. -hours. .
'Municipal and street lighting mills, of kw Railroads —
Electrified steam
mills, of kw -hrs '

i
|
?

_.

Gross revenue from sales of energy
(Electrical World)
thous. of dolls
Revenues from ultimate consumers
1
(N E L A )
thous. of dolls _i

GAS

4 643
2, 886

7, 198

7, 020

447

509

5, 023
2, 7-19

506

7, 630

7, 540

7, 406

7, 773

7, 543 ! 2 7^ 002 ,

3

7, 303 ;

6,781

5,166
2, 4(54

5,343
2,197

5, 706
2, 059

5, 299
2, 107

5, Of54
2, 709

4,447 i 24,026 '.
3, 090 : 2 2, 976

2
2

4, 204 i
3, 099 i

3,657
3,124

7,160

7, 095

7,317

6, 995 j

7, 340

7,083 • 26,533

470

445

418

411 |

433

460 '

!

2 8, 808

6, 342

409

497

439

6, 016
902
1,101

5,919
860
1,075

5, f 09
816
1, 099

5, 968
814
1, 097

5, 894
883
1,032

5,944
978
1, 159

5, 831
1,082 i
1,174 i

5, 893
1, 160
1, 204

5,872 I
1, 257 !
1, 242 i

5,642
1, 122
1, 164 i

5, 478 !
1,043
1,094 i

5,316
997
1, 073

3, 396
157

3,387
149

3, 402
155

3, 452
172

3,311
193

3, 134
207

2, 905 '
218

2, 793
232

2,630
247 i

2,654 i
229 :

2. 629

' 209 |

1

2, 618
191

47
376

45
356

45
352

42
350

41
345

48
375

46 ;
367 i

49
406

48 i
404 ;

46 :
384 :

48 1
413 !

357

171, 550

168, 510

187, 190

167, 380

171,930

178, 630

180, 610 i 184,870

188, 010 | 175, 110 ! 163

160, 238

156, 575

154, 232

154, 162

156,913

163, 424

167, 529

175, 685

8, 904
8,447
41
410
29, 865
21, 230
1, 233

8, 965
8,510
39
410
28, 310
20, 775
515

8.912
8, 466
37
404
24,741
18, 321
191

8,911
8, 466
34
404
23, 527
17. 427
133

8. 938
8, 492
37
404
25, 985
19, 590
167

8, 910
8,446
45
411
27, 820
20, 873
532

8,888
8,420
48
413
28, 527
20, 526
1, 344

170,723

165, 421

!

2SO

157,727 :

153, 929

I

Manufactured gas (150 companies):
i
Customers, total
.
thousands..' _ _ __ .
"Domestic
thousands 1;
House heating
thousands..
Industrial and commercial
thousands. _!
_ _
Sales to consumers
millions of cu. ft i
Domestic
millions of cu ft '
House heating
millions of cu. f t . _ t
Industrial and commercial
[
millions of cu. ft..!
Revenues from sales to consumers
_ _ _
thous. of dolls
_..
Domestic
thous. of dolls
..
House heating
thous. of dolls
Industrial and commercial thous. of dolls
_
Natural gas (125 companies):
Customers, total
thousands
Domestic
thousands
Industrial and commercial
thousands
Sales to consumers
millions of eu. ft._ _
Domestic
_
millions of cu. ft
Industrial and commercial
millions of cu. ft
Revenues, from sales to consumers
thous. of dolls
Domestic
.thous. of dolls.. i
Industrial and commercial thous of dolls _




7, 645

4,504
3, 141

!
j
1

8, 828
8, 358
50
414
i 29, 339
! 20, 396
; 2, 236

8,808 i 8,790 i 8,763
8,329
8,315 ! 8,294
52
51 ;
51
422
421
412
30, 708
29, 360
30, 661
20, 982 i 19. 536 : 20. 539
2, 861
2, 899 : 3, 186

8, 777
8, 309
50
412
29. 974
20, 689
2, 625

7,268

6, 906

6,122

5, 843

6,087

6,241

6, 507

6, 690

6, 774

6,520

31,827
24, 536
1,007
6, 179

30, 654
24, 236
440
5, 881

27, 337
21, 753
176
5,307

26, 046
20, 747
131
5, 071

28, 681
23. 133
160
5,281

30, 195
24,291
447
5, 335

30, 331
30, 602
23,611 ! 23, 299
1, 055 ;
1, 650
5, 534 i
5, 524

31, 936
24, 092
2, 054
5, 870

30, 414 i 31,660
22, 514 I 23. 590
2, 052 | 2,210
5, 710
5, 763

31. 288
23, 858
1, 796
5, 519

4, 345
4, 128
215
43, 340
21, 142

4, 302
4, 093
207
36, 821
15, 232

4,273
4, 068
203
32. 834
10, 876

4, 258
4, 057
200
31, 661
10, 086

4,268
4, 068
199
33, 823
11,185

4 272
4, 072
199
37, 628
13, 662

4, 312 ! 4,315
4, 105 j 4, 103
205 ]
211
43, 908 i 52, 024
19, 924
27, 647

4, 324
4, 110
213
54, 805
30., 940

4, 348
4, 123
224
52, 226
29, 278

4,323
4, 1009 *
22
51, 739
29, 051

4, 297
4, 076
219
46, 754
25, 377

21, 824

21, 252

21, 573

21, 205

22, 200

23, 538

23, 593

23, 733

23,451

22,503

!

22, 182

20, 978

20, 108
14, 697
5, 365

16, 159
11, 251
4, 867

13, 482
8,6/9
4, 763

12. 813
8, 205
4, 553

13, 490
S, 792
4, 647

15, 276
10, 349
4,876

1.9, 250 ! 24. 404
14, 008 ! 18; 757
5, 153 ! 5, 579

26, 441
20, 623
5, 754

25, 853 I
19, 975 !
5, 779 j
i

24, 389
19, 104
5, 639

22, 158
16. 957
5, 136

6, 490 j

* Since March, 1932, detailed figures are not strictly comparable owing to changes in firms reporting

2

6, 747 ;

Revised.

!
!
'
i

SURVEY OF CURRENT BUSINESS

July, 1932
Earlier data, together with explanatory
footnotes, may be found in the 1932
Annual Supplement of the Survey

1931

1033
May

39

May

June

July

August

S6

1933

ber m ~

October N

1

iD^r™" ! ^ bCerm"

Januar

^

F

U
"rv
a! y "

March

April

170, 544
.23
127, 268
50, 140

176, 700
.20
2 136, 556
49,915

FOODSTUFFS AND TOBACCO
DAIRY PRODUCTS
Butter:
Consumption, apparent.
__thous. of lbs._ 223, 862
.19
Price, N. Y., wholesale (92 score) .dolls, per lb._
Production (factory)
thous. of Ibs.. 182, 659
Receipts, 5 markets
thous. of lbs._ 75, 552
Stocks, cold storage, creamery, end of month
„
thous. of ibs29, 293
-Cheese:
Consumption, apparent
thous. of lbs._
Imports
.
thous. of Ibs ~~~4~338~
"Price, No. 1 Amer. N. Y__
dolls, per l b _ .
.12
Production (factory)
thous. of lbs._
American whole milk
thous. of Ibs..
Receipts, 5 markets
thous. of Ibs.. ~~13,"972~
Stocks, cold storage, end of month
._
_
_thous. of Ibs.. 52, 141
American whole milk
thous. of lbs_. 40, 486
Condensed and evaporated —
Production, total
thous. of lbs_.
Condensed, total
_ _ thous. of Ibs
Evaporated, total*
thous. of Ibs. .
Exports, total
thous. of Ibs
Condensed
tbous of Ib1-5
Evaporated..
thous. of lbs._
Prices, wholesale, N. Y.—
Condensed
dolls per r>casp
Evaporated
dolls per ase
Stocks, manufacturers, end of month.
total
thous. of Ibs..
Condensed —
Bulk goods
thous. oflbs..
C.ise gocil?
thous. or Ibs...
E vapor .ted —
Case goods
thous. of Ibs.
Fluld milkConsumption in oleomargarine
thous. oflbs..
Production, Minn, and St. Paul
thous. oflbs..
Boston, incl. cream
thous. qts..
Greater New York
thcus. qts._
Pi w<i"r<d milk—
Kviorts
thous. o f l b s
Orders net new
thous of Ibs
Storks, mfgrs. end of ino_ -thous. o f l b s » _

171,991

225, 483
.24
182, 269
61,813

207, 978
.23
190, 278
74, 154

197, 659
.25
158, 126
58, 522

203, 731
.28
136, 769
45, 588

189, 483
.33
118,202
42, 863

187, 114
.34
121,052
43, 857

160, 638
.31
112,002
44, 925

121, 054
47, 194

157. 136
.24
119,324
48, 895

35, 155

89, 172

115,121

104.678

SO, 152

56, 229

42, 242

26, 643

22, 506

15, 243

9,034

57, 266
5, 856
.14
54,316
42, 787
12, 145

51, 689
5,121
.14
63, 725
50, 698
17, 480

45, 394
3, 413
.15
53, 255
41,871
14, 190

47, 078
4, 389
.16
45, 127
34, 023
14, 264

47, 384
5,515
.17
38, 993
28, 332
11,949

50, 202
7, 179
.16
41, 480
29, 218
13, 588

42, 519
6, 057
. 15
33, 424
22, 849
10, 569

35, 275
5, 195
. 1.4
26, 725
18, 735
9, 301

38,014
3,739
. 14
2
25, 705
21, 017
11,361

42, 174
3, 580
.13
28, 481
23,732
12, 075

45, 062
4, 768
.13
33, 744
26, 514
11, 760

44, 258
5,280
.12
35, 756
28, 685
10, 764

260,242
2 46, 764

72, 977
58, 144

84, 003
68, 532

86,418
68, 874

83, 426
65, 802

81,713
63, 968

78, 565
60, 583

73, 289
55, 775

65, 728
49, 406

55, 568
41,712

54, 021
36, 782

2 50, 764
2 38, 951

202, 707
21, 802
180, 905
5,431
1, 619
3, 812

242, 688
30, 525
212, 163
7.087
1, 973
5, 114

232, 389
27, 348
205,041
6, 396
1,372
5,024

174, 207
22 286
15l!92l
7, 754
1, 862
5, 892

137,085
21, 541
115,544
5,943
1,477
4, 466

119,741
20, 826
98.915
1,' 309
3, 659

139, 197
24, 263
114,934
4, 790
1,180
3,610

115,920
18, 274
97, 646
5, 683
1, 443
4,240

116,379
17,763
98,616
5, 600
1,233
4, 367

114,038
18,599
95, 440
6,812
2,310
4,502

117,618
1 7, 200
100, 358
5, 4CS
1, 404
4, 064

134, 226
17,200
117,026
5, 149
922
4, 227

161,324
21,476
139, 848
4,376
1, 169
3,207

4, 75

5. 65
3.30

5 65
3,20

5 65
3. 10

5. 00
3. 00

4. 75
3.00

4.75
3.00

4.75
3.00

4.75
3.00

4.75
2.98

4.75
2.98

4.75
2.80

4. 75

188, 532

269, 794

318,270

316,223

219, 250

167, 764

157, 061

163, 552

152, 446

145, 303

132, 257

8, 865
15, 246

19, 163
19, 892

18,992
23, 998

16, 221
24, 071

15,001
22, 504

11.007
20. 349

] 0, 032
17,264

8,607
15, 130

7, 929
12, 506

8, 275
9, 145

7,931
7,467

6, 928
7,573

2 7, 829
9, 532

164, 421

230, 739

275, 280

275, 931

381, 745

136, 408

129, 802

139, 844

132, Oil

127, 883

116,859

101, 388

2 117, 687

4,671

4,107

3,512

0
9, 945
23, 824

156, 087
.22
117, 684
49, 071

2

10., 394

115,889 2 134, 848

3,791

3, 432

2, 943

4, 109

4,849

6, 142

5, 625

5, 948

5, 106

4, 265

36, 244

33, 978

27, 436

24, 012

21,751

25, 224

26, 854

31,732

7, 820

7, 883

21, 023
124, 180

21,021
124, 491

21, 615
127, 988

20. 545
122,447

19,598
122, 776

19,558
121,940

18, 529
lie! 628

19,028
118,763

19,267
120,474

18, 337
113,126

20, 247
121, 809

19, 450
115,230

1,369
11,047
43, 148

1,085
11, 109
42, 628

964
11,816
38, 216

1,047
11,002
35, 922

854
14, 331
26,711

970
9,914
23, 572

712
8, 494
23, 305

725
8, 486
24, 198

261
8, 126
25, 969

251
7,973
25, 546

10, 239
24, 576

0
2 10, 235
2 23, 603

2,071

1,217

3,220

2, 035

13, 037

31, 470

14, 516

3211 506
7,247

8, 149

8, 197

6. 396

577
16,513
3,762

137
11,076
2, 169

62
9, 856
1, 714

81
6, 144
2, 344

2, 143
5, 896
4, 013

10, 705
9, 493
4,078

11,399
13,439
2,318

10, 041
15,614
2,198

7, 807
12, 270
2, 120

5,419
13, 680
1, 503

3,243
18, 072
838

1.740

1.467

1,372

1. 250

1. 015

1. 198

1. 181

1.347

1.195

20, 389

11,968

17, 701

24, 760

1. 142
s 376,248
14, 419
13, 138

17, 465

18, 638

24, 581

21, 144

14, 999

12, 578

8,411

8, 353

8, 993

12,922

129
. 51

113
. 52

188
. 53

212
.51

1,653
4,030

1,715
3,536

2, 496
2, 857

177
5, 130

291
5,344

220
5, 045

511

.39
.37

.36
.35

.34
.33

.34
9,941

FRUITS AND VEGETABLES
Exports, fruits and preparations. (See Foreign trade.)
Apples:
Production, crop estimate
thous. of bush
Shipments, car-lot .. ..
carloads
2.415
Stocks, cold storage, end of month
673
thous. of bbls
Citrus fruit, car-lot shipments
carloads. . 12, 094
Onions, car-lot shipments
carloads. _
4, 361
Potatoes:
1. 086
Price, white, N. Y
dolls, per 100 lbs_.
Production, croo estimate
thous. of bush
IS,
141
Shnmients, car-lot
carloads. _

24, 078

. 965

1.049

21,719
13. 709
2, 552

GRAINS
Exports, principal grains, including flour and
meal
thous. of bush
10, 211
Barley673
Exports, including malt
thous. of bush..
.44
Pri''*c No 2 Minn
dolls, per bush
Production, crop estimate
thous. of bush
Receipts, principal markets thous. of bu^h '•
2, 307
Visible supply, end of month-thous. of bush-Corn:
311
Exports, including meal
thous. of bush-.
Grin dings
thous . of bush . .
Prices, wholesale —
No. 3, yellow (Kansas City)
".
'dolls, per bush-. 34
.32
No. 3, white (Chicago)
dolls, per bush-Production, crop estimate
thous. of bush-Receipts, principal markets. thous. of bush..
9, 607
Shipments, principal markets
thous. of bush
6, 686
Visible supply, end of month
thous. of bush..
Oats:
Exports, including oatmeal.. thous. of bush...
235
Price. No. 3, white, Chicago-dolls, per bush..
.23
Production crop estimate thous. of bush
Receipts, principal markets. thous. of bush..
6,513
Visible supply, end of month -thous. of bush-- 11, 323
Rice:
Exports
_
.pockets (100 Ibs.)
315, 541
Imports
pockets (100 Ibs )
10. 310
Price, wholesale, head, clean, New Orleans
.022
dolls, per lb._
Production, crop estimate.. -thous. of bush..
2
s As
Revised.




11, 224

13,161

18, 750

13, 439

13, 124

17, 296

896
.45

807
.39

678
.42

1,014
.45

717
.50

768
.50

2,523
4,626

2, 193
4,126

1, 801
3,449

5, 088
4, 089

5, 152
4, 138

5,406
4, 770

276
.51
3198 965
2, 344
2, 005
4, 963
4, 226

151
5, 580

123
5,738

556
5, 168

201
4, 665

165
5, 912

256
6,318

508
6, 348

.52
.56

.52
.59

. 53
.58

. 45
.49

.40
.39

. 46
. 43

. 4.6
.44

234
.51

120
4, 630

. 39
. 38
32,556.863
11, 741
10, 767

11, 381

13,417

16, 152

11, 320

8, 447

14, 414

10, 421

13,561 ;

10,914

14, 855

10, 589

8,955

6, 561

6, 364

7,211

4, 884

4, 346

3, 603

2,921

2,916

5, 836

12, 286

7,785

8, 536

8, 271

5, 592

7, 364

10, 079

13, 192

14, 736

18,929

;

23,. 451

23, 109

192
.28

374
.27

253
.23

429
.21

627
.22

857
.23

850
.26

255
.25

133
.25

89 !
.24 ;

149
.22

142

:

4,543
15, 523

5,432
13, 506

203, 622 I 263, 495
15,663 ! 26,565

357, 561
23, 886

:31 119 149

5, 294
9,892

4,748
7,654

5,749
7,785

12, 903
15, 577

7, 398
17, 468

7, 090
18, 605

4, 532
17, 863

4,028
16, 710

4,545
16, 846

260, 949
50, 472

239, 358
10, 009

100, 899
5,443

108, 181
4,475

87, 630
3,756

322, 302
9,397

380, 658
11, 859

193, 200
34, 081

148, 002
32, 111

.033

.033

.032

.030

.028

.026

.028

.030
3 45, 014

.029

of Dec. 1

5,721
17, 808

. 027

*Bulk evaporat ed milk not includ ed since ]December, 1931.

. 024

.022

SURVEY OF CURRENT BUSINESS

40
i

Earlier data, together with explanatory
footnotes, may be found in the 1932
Annual Supplement to the Survey
}

-| QOO

May

July, 1932

1931

May

i Jane
j

July

1932

i

October NovemAugust September
ber

Febru£T 'January
ary

D

M arch

April

FOODSTUFFS AND TOBACCO—Continued
GRAINS— Continued
Rice— Continued.
Receipts,
southern paddy, at mills
P
703
!
thous. of bbls. (162 Ibs.)..
520
Shipments to mills, total
698
thous. of pockets (100 lbs.)._
617
80
89
New Orleans.-thous. of pockets (100 Ibs.) ..
Stocks, domestic, end of month
1, 825
thous. of pockets (100 Ibs.)..
1,293
Rye:
228
29
Exports, including flour thous. of bush..
.39
.36
Price, No. 2, Minneapolis. ..dolls, per bush..
Production, crop estimate.. -thous. of bush.. 4 39, 464
1,035
Receipts, principal mar kets.. thous. of bush..
8,540
Visible supply end of montn.thous. of bush._
Wheat:
Exports—
,
8,764
9,956
Wheat, including flour thous. of bush..
6,406
7,283
Wheat only
thous. of bush..
Value, wheat and flour. (See Foreign
Trade.)
Prices, wholesaleNo. 1, northern, spring, Minn.
.81
dolls, per busn_.
.68
No. 2~, red, winter, St. Louis
..dolls, per bush..
.79
.56
.73
.54
No""2," hard," winter, K. C.dolls. per bush..
Weighted average, 6 markets, all grades
dolls, per bush__
.76
.61
Production, crop estimate, total
thous. of bush..
Spring wheat
._. .thous. of bush..
Winter wheat
thous. of bush.. 4 440 781
Receipts
thous. of bush.. 15, 344 30, 863
Shipments
thous. of bush-- 15, 942 24, 061
480, 000
Stocks, visible supply, world.th.ous. of bush..
Canada
thous. of bush.. 147, 927 136, 856
United states
thous. of bush.. 171, 775 197, 563
Stocks, held by mills (quarterly)
thous. of bush..
Wheat flour:
8,711
Consumption (computed)— .thous. of bbls. .
789
329
Exports
thous. of bbls .
Grinding of wheat
thous. of bush.. 35, 350 36,946
Prices, wholesale—
4.85
Standard Patents, Minn... dolls, per bbl_.
4.43
Winter, straights, Kansas City
dolls, per bbL.
4.14
3.35
Production—
8, 015
Flour, actual (Census)
thous. of bbls.. 7,740
Flour, prorated, total (Russell's)
thous. of bbls. _
8,739
Offal
thous. of Ibs.. 616, 709 663, 303
50
Oncrations per cent of total capacitv
49
Stocks, total/end of month (computed)
thous. of bbls..
4,857
Held~by~milis"(quarterly)-- thous. of bbls..

323

172

382

1,455 !

1,810

1,408

632

569

734

812

601
76

404
37

427
78

875
139

:

1,396
200

1,216
136

758
79

720
57

837
99

859
102

77

1,051

848

683

1,305

!

1,805

2,051

1,987

1, 906

1,855

1,862

1,788

15
.37

10
.37

14
.38

9
.41

27
.51

10
.46

8
.46

1
.47

280
. 45

862
8,730

472
8,687

1, 137
8,267

3
.45
3 32, 746
751
401
9,131
9,025

378
8,934

580
8,909

566
9,250

11,842
8,136

17, 253
12, 731

11, 781
8, 901

13, 380
9,519

11,924
7,896

7,962
4,074

7,852
4,649

8,435
5,749

27 !
.39 !

1,311
8, 922

1,213
9, 186

11,588 15,406
8,397 i 11,873

544

11,777
9, 354

.74

.61

.65

.69 1

.71

.80

.73

.75

.75

. 70

.71

.72
.68

.48
.44

.47
.43

.47 I
.43 |

.52
.48

.62
.59

.57
.52

.57
.53

. 57
.54

. 55
.51

. 57
.£3

.67

.47

.51

.56 i

.58

.69

.60

.61

.59

.58

.CO

25,000 13,412
11,537
9.562
612,100 2595,800
180,966 : 1&1,445
210, 147 202, 383

13, 19S
13, 221
529, 700
165, 533
182, 757

3892,271
38,877
28,325
500, 400
122, 199
239,431

,
j
1
i
:

104, 047
65, 987
462, 700
116, 462
217, 526

61, 463
45, 747
500, 000
101, 306
242, 84£

6, 666
824
35, 893

7, 642
1,005
45,362

9,843
640
44,412

4.75

4.13

4,21

4.24

4.12

3.16

2.96

2.96 ;

7, 763

9,852

9, 658

7, 981
647,400
47

9, 847
802, 424
59

10, 614
785, 106
58

4,800
2,830

6,000

6,131

6,135
3,532

1,043

29, 656
30, 385
443, 400
122, 318
190, 702

3
787, 465
32,658 26, 405 13, 766
17, 072
26,851 29, 470
15, 470
11,005
529, 100 541, 400 608, 900 631, 600
161, 912 189, 675 191,180 187, 974
231,049 230, 147 220, 521 211, 873

129, 994

._

9, 334
858
45, 230

9,393
895
37, 157

7, 604
864
37, 290

7,612
712
35, 130

4.28

4.84

4.51

4.59

4.61

4.37

4.49

3.10

3.03

3.22

3.40

3.30

3.09

3. OS

10,399

9, 890

8,148

8,180

7, 692

8,483

10,611 \ 11,112
781,318 ; 828,114
61
60

10,167
789, 737
65

8,890
645,812
49

8,788
645, 881
49

8,084
610,366
51

8,913
671, 853
50

6,000

5,975

4, 577
4,126

5,120

4,880

4,900
3 918

4, 975

1,067 |

1,194

1,020

1,080

1,09S

C55

1, 024

* 1, 0-13

964

1,125

1, 085

1,352

1,301

1,183

1, 052

1,OS3

638 I
506
56,881 | 48,744

523
50, 664

730
65, 579

875
69, 249

1,035
76, 368

1,011
65, 901

2 1,012
2 60, 028

343, 245
1,189

379,927
1,046

380, 079
1,202

340,516
883

139,002

38, 771

;
9,898 ! 10,462
709 !
785
44,569 ; 47,463

9,735

QS 110

8,022
539
2 37, 559

8,296
597
38, 669

2

2

s, iee

8, 631
659, 666
50

LIVESTOCK AND MEATS
Total meats:
1,0-15
1,060
1,012
Consumption apparent
mills of Ibs
1, 039
Exports, value of meats and fats. (See Foreign Trade.)
Production (inspected slaughter)
...mills, of Ibs _
1, 078
1,053
999
1,094
Stocks, cold storage, end of month total
1,062
mills, of lbs__
1,014
946
1,013
Miscellaneous meats
.-.thous. of Ibs.. 58, 809 79, 331 75, 469 69, 026
Cattle and beef:
Beef and veal —
Consumption, apparent
thous. of Ibs.. 368,722 424, 174 404, 731 416, 732
1,573
1,497
1,468
1, 827
Exports
thous. of lbs_.
Price, wholesaleBeef, fresh native steers, Chicago
dolls, per lb__
.129
.143
.129
.119
Production, inspected slaughter
.thous. of Ibs. . 362, 834 419, 124 400, 529 411,952
Stocks, cold storage, end of month
-thous. of Ibs.- 35, 344 49,448 45, 548 41,055
Cattle and calvesMovement, primary markets1,551
1,539
1,488
1, 397
Receipts
thous. of animals..
969
979
930
895
Slaughter local
-thous. of animals .
Slaughter, inspected. (See Leather and
leather products.)
562
552
562
483
Shipments, total
thous. of animals..
112
153
124
135
Stocker and feeder
thous. of animals Price, wholesale, cattle, corn fed, Chicago
7.32
dolls, per 100 Ibs ._
7.68
7.25
6.89
Hogs and products:
HogsHog movement, primary markets —
2,854
2,938
2,511
3,050
Receipts
thous. of animals..
1,841
1,773
1,474
2,188
Slaughter local
thous of animals
Slaughter, inspected. (See Leather and
leather products.)
1,072
1,039
854
1,099
Shipments, total
thous. of animals,.
37
33
36
Stocker and feeder.. thous. of animals,.
31
6.24
6.39
3.26
6.40
Price, heavy, Chicago... dolls, per 100 Ibs..
3
As of Dec.
2 Revised.




946
798
66, 334

432, 312
1,837
.144
430, 595

404,928
2,077

;

449,043
1,60-4

8

2

372, OGO 2 3S6, 406
9.6
902

.156

.164

.157

.145

.130

. 130

.128

400,751 ; 446,798

349, 598

393,399

377, 068

339, 915

366, 403

379, 758

.148

39, 050

35,171

34,407

39, 158

53, 199

51,285

51,107

46, 346

2 41,226

1,821
1,007

1,797
961

2,137
1,033

1,866
905

1,453
908

1,376
876

1,281
841

1,377
' 8S6

1, 376
879

1.

758
261

861 :
381 ;

1,100
581

905
487

608
246

478
130

427
110

483
125

49 6
138

8.62

8.66 '•

9.25

10.20

9.34

8.97

7.98

7.61

7. 51

2,454
1,398

2,727 !
1,663 ;

3,462
2,142

3,752
2,297

4,210
2, 806

4,218
2,707

3, 659
2,464

2,939
1, 968

2, 960
2, 024

1,045
49
6.35

1,062 i
55 :
5.71 j

1,324
72
5.41

1,427
62
4. 64.

1,188
37

969
30
4.22

941
28
3. 7£

1,426
1,510
40
35
4.22
3.91
«Asof Mayl, 1932

July, 1932

SURVEY OF CURRENT BUSINESS

i 1 QS2
Earlier data, together with explanatory \
footnotes, may be found in the 1932
Annual Supplement to the Survey
May

41
1932

1931

May

June

July

Decem- January
August SeptemOctober November
ber
ber

F

March

|^-

April

FOODSTUFFS AND TOBACCO—Continued
I

LIVESTOCK AND MEATS—Continued
Hogs and products—Continued.
Pork, including lardConsumption, apparent
thous. of lbs__
Exports, total
thous. of lbs_.
Lard
thous. of lbs__
PricesHams, smoked, Chicago
dolls, per lb_.
Lard, prime contract, N. Y_.dolls, per lb._
Production, inspected slaughter, total
thous. o f l b s _ _
Lard
thous. of lbs__
Stocks, cold storage, end of mo.
thous. of lbs__
Fresh and cured
thous. oflbs._
Lard
thous. of lbs__
Sheep and Iamb:
Lamb and muttonConsumption, apparent
thous. ofIbs._
Production, inspected slaughter
thous. of Ibs - Stocks, cold storage, end of mo
thous. of lbs_.
Sheep and lamb movement, primary
marketsReceipts
thous. of animals..
Slaughter, local
thous. of animals._
Slaughter, inspected. (See Leather and
leather products.)
Shipments, total
thous. of animals..
Stocker arid feeder
thous. of animals..
Prices, wholesale—
Ewes, Chicago
dolls, per 100 Ibs __
Lambs, Chicago
dolls, per 100 lbs__
Poultry and eggs:
EggsReceipts, 5 markets
__.thous. of cases _ _
Stocks, cold storage, end of month—
Case
thous. of cases__
Frozen
thous. of lbs_.
Poultry—
Receipts, 5 markets
thous. of Ibs.J
Stocks, cold storage, end of rno.
thous. of Ibs. 1

615,122
53, 657
41, 084

581,193
55, 557
39, 623

585, 123
53, 226
37, 786

540, 219
49,193
33, 824

.136
.043

.182
.082

.174
.083

.173

604, 427
126, 323

597, 185
123, 203

931,117
827, 751
103, 366

890, 212
774, 651
115, 561

918,120
788, 792
129, 328

679, Oil
56,134
43, 547

620, 021
48, 224
35, 205

.186
.075

.182
.080

.172
.071

.153
.060

532, 757
109, 265

457, 103 502, 673
91, 680 | 97,114

611,172
116,124

678, 452
125, 859

898, 597
174, 090

833, 737
711,811
121, 926

691,110 544,183
595,063 | 474, 887
96,047
69, 296

551, 988 ! 601, 367
48,032
48, 550
34,510 | 37, 790
.185 '
.075

639, 966 653,596 558,845
75. 954 69,020 i 75, 728
65, 598 59,854 j 66,674
.138
.055

585, 935 I 2 586, 533
51, 659
45, 955
43, 200
36, 014
.142
.048I
629,420 I 644, 271
130,158 | 129,091

.147
.052

.14.
.051

860,315 ',786,802
171,331 I 164,152

431, 387 614,530 752,581 ; 905,320
396, 563 563, 306 i 674,151 812, 459
34, 824 51, 224
78, 430 92, 861

54,847

54,563 | 55,333

54, 679

58,351 j 60,792 | 06,436

54,847

54,433 I 55,678

53, 947

58,466 | 60,754 j 66,54(5 | 56,545

56,499

897, 832 |2 2 910, 071
792, 197 2 799, 064
105,635 111,007

59, 683 ! 64, 275 I 55, 997 ! 56, 574

!

i

60,047 | 63,934

i

2

i

59,049

55,851 j 56,040 | 58,876
2

1,039

2,371 i

2,685

1, 892

1,975 !

1,908 j

1,975 | 1,985

2, 318 I

1, 947

1, 784 | 1, 222 \

2,429
1,360

2,810 I
1, 464 i

2,587
1, 384

2, 535
1,342

3,270 j
1,474 I

3,900
1,461 I

3,956
1,487

2, 811
1, 281

2,182 !
1,305 I

2, 363
1,381

2, 035 !
1, 233 |

2. 115 I
i; 185 |

2, 412
1, 269

1, 072
100

1,353 !
176 |

1,214
289

1,191
243

2,455 |
1,104 |

2,471
1,181

1,520
655

919
182

796 i

922 i
77 !

1,155
143

1.50
5.18

2. 44 |
8.30 i
|

1. 55
6.98

2.56
6.06

1.98
5.95

1.63 '
5. 94

1.63
5.70

2.00
4.98

2.00
4.89

3.25 '
5.79 I

2.75
5.81

1, 971

2,236 |

1,053

943 i

5, 379
95, 097

1,862

1,180

7,887
9,507
106,607 I 113,513

9, 504
114, 709

722 i

80 j

2.06
5.09

578

936

7, 960 j 5, 745 j 3, 447
9, 016
110,271 i 103,302
94,816 j 86,407

1,475
663
79,198 j 72, 439

2.98
5. 38

1, 917

1, 435

258
68, 024

689
68. 870

1, 061

2

2, 982
2 81, 920

18, 763

17, 252

22,164

24, 871

28, 655

32, 409

30,377 | 64,731

76, 149 | 25,197

15, 499

44,712

35, 348

32, 762

36, 438

43, 056

56, 215

65, G68 I 89,971

116, 700 | 111, 554

2 56, 676

10, 617
. 0435

22,520 ! 14,892
. 0494
.0563

17, 746
.0581

13,546 ! 14,104
.0525 | .0463

TROPICAL PRODUCTS
Cocoa:
Imports
long tons__
Price, spot, Accra, N. Y
-dolls, per l b _ _
Shipments, Gold Coast and Nigeria
long tons_.
Coffee:
Clearances from Brazil, totaLthotis. of bags.To United States
thous. of bags..
Imports into United States...thous. of bags..
Price, Rio No. 7, N. Y
dolls, per l b _ _
Receipts at ports, Brazil
thous. of bags..
Stocks, world total, incl. interior of Brazil
..thous. of bags..
Visible supply, total excl. interior of Brazil
thous. of bags__
United States
thous. of bags..
Sugar:
Raw sugarCuban movement—
Exports
long tons..
Receipts at Cuban ports
long tons..
Stocks total end of month, thous. long tons.
United StatesMeltings, 8 ports
long tons-Price, wholesale, 96° centrifugal, New
York
dolls, per lb._
Receipts—
From Hawaii and Pto. Rico.long tons..]
Imports
long tons._I
Stocks at refineries, end of mo. long tons..!
Refined sugar:
|
Exports, including maple
long tons.-!
Price, retail, gran. N. Y
dolls, per Ib..;'
Price, wholesale, gran. N. Y..dolls, perlb.Shipments, 2 ports
long tons...
Stocks, end of month, 2 ports.--long tons.-:
Tea:
Imports
thous. of lbs._
Price, wholesale, Formosa, fine, N. Y.
dolls, per l b _ .

8,152
.0475

8.288
.0494

16, 343
.0425

16, 641
.0432

37,244
.0455

15, 971
. 0445
16,020

7,075

11, 720

11,870

7,783

4,355 i

6,1

7,256

23, 080

44, 588

52,105

49, 330

25,614 I

1,263
735
1,056
.084
1,564

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

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

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

1,216
592
884
.056
1, 495

1, 263
711
794
.056
1,533

1,485
805
907
.058
1,711

1,529
870
936
.063
2,319

1,507
818
1,203
.070
2 138

1,270
823
1, 220
.071
1,580

1,097
646
1,149
.072
1, 769

1,098
622 |
1,220
.073 i
1,721 i

32,865 j 34,493 | 35,046
i
6,127
6,944
6,493
1,555
1,510
1,592

36,093

37,246

37,260

37,115

37,159 j

36,158

6, 322
1,299

6,419
1,387

6,244
1,359

25,851
1,340

5,620
1,219 ;

5,556
937

29,153

28, 721

30,662

5,751
877

6,286
1,345

6,724
1,395

6,990
1,491

82, 502
55,107
3,155

137, 205
118,514
3,547

148, 624
93, 548
3,364

203, 030
119,664
2, 940

306,072

383,157

215,110
126, 016
2,557

160, 992
109, 613
2,322

134,336 146,102 156,714
97, 725 101, 278 101, 544
2,130 i 1,931 21,415
328,310 i 231,746

283,570

1, 315
803
793
. 077
1,762

18, 242 25,111
88, 595 263, 549
2, 422
1,799

97,589 ! 244,391
491,684 I 234,461
3,422 | 3,202
!
267,038 j 345,753 [ 298,362

376,715

414, 066

.026

.032

.033

.035

.035

.034

226, 859
229, 812

161, 260
191, 499
463,730

143,382
239, 085
400, 567

148,636
324,849
367,252

135.228
397, 042
429.229

5,538
.045
.037
67, 923
46,173

3,338
.050
.043
57,670
32, 632

I
4,329 j 3,952
.050 !
.051
.044 i
.046
78,583 ! 98, 879
35,030 1 36, 481

3,896
.053
.046
76, 412
37,116

4,365
.052
.045
60. 502
41,171

4,304 i 3,598
.052 j
.052
.045 i
.044
48,208 | 41, 538
33,047 ! 34, 486

2,607
.051
.042
51, 378
31, 220

3,365
.051
.041
44, 745
32, 239

4,143
.051
. 041
38,655
30,684

4,031 I
.049
.040 |
51, 153 I
31,641 |

3,178
.048
.039
55, 679
37,132

4,566

4,135

6, 578

7,977

8,568

10,271 j 7,813

7,748

10, 028

6,394

7, 465

5, 774

.185

.225

.225

.225

.225

.217

.215

.215

Candy sales by manufacturers..thous. of dolls.. 14,877
Fish:
Landings, fresh fish, principal ports
thous. of lbs_. : 27.083
Salmon, canned, shipments
cases
Stocks, total, cold storage, 15th of month
thous. of Ibs.- 28,655
s
Revised.

22, 783

11,816

17,187

25,877 ! 24,686

25,203

19,520

19,334

25,655 ! 28,626
340, 460 523,845

33, 612
902, 319

28.439 i 24,947 ! 20,808
631,651 539,277 i 429,818

14,155
433, 132

31, 283 j 39, 700 1 48, 350

57, 518

6,953

.225 !

.034

.034

.032

39,191
126,970 I 82,063 i 53,741
202,564 j 186, 928 135,308 177, 460
321,815 j 245, 694 187, 552 181,363

. 225 |

. 225

246,324

.031

.029

.028 |

.026

93,141 I2172,797 184,041 I 196,949
196,150 264, 675 330,891 i 312,857
182, 257 263, 659 396,514 ! 514,273

.203 I

.185

MISCELLANEOUS PRODUCTS




24, 599
383, 975

16,578

68, 083

19, 364

16, 340

26, 301
15,749 I 20,318 ! 31,888
444, 588 484,335 j 331,413 I 128,329

73, 018 i 74, 725 ! 72, 362 64, 478 i 50, 661 | 35, 534 | 26, 061

42

SURVEY OF CURRENT BUSINESS

Earlier data, together with explanatory
footnotes, may be found in the 2932 ,
Annual Supplement to the Survey

"
May

Julv, 1932
1932

1931

May

I June

! July

No
m
b™ ~

j August j 0<JJ.

April

FOODSTUFFS AND TOBACCO—Continued
TOBACCO
Leaf:
Exports
thous. of lbs_.
Imports, unmanufactured 3
thous. of lbs_.
Production, crop estimate - thous. of Ibs
Stocks, total, including imported types
(quarterly)
mills, of Ibs
Flue-cured, fire-cured, and air-cured
mills, of Ibs
Cigar types
_ _
_ mills, of Ibs
Manufactured products:
Consumption (tax-paid withdrawals) —
Small cigarettes
mills..
Large cigars
thousands..
Manufactured tobacco and snuff
thous. of lbs._
Exports, cigarettes
thousands. .
Prices, wholesale—
Cigarettes
dolls, per 1,000.
Cigars
dolls, per 1,000-

30, 195
2,823

48,911
3, 253

38,737| 20,5741 23,113; 44,826
3,023 | 2,592 ! 2,429
2,333

1 915 •
1 453 1i
370 !

;
'
I
!

!
]

49, 170
4,288

58, 386
7,899

25, 047
56, 585
14,004
14, 200
1 610 098

29, 437
5,321

31,218
8,680

1 841

2 013

2, 374

I 419
342

1 612
321

1,858
412

32, 875
6, 340

8, 085
368, 553

10, 448
467, 300

11,508 ! 10,700 I 9,520 ; 9,695
517,514 | 478,901 | 463,256 j 449,330

8, 956
534, 371

7,850
477, 458

7, 295
8, 963
8, 447
7, 680
304, 531 342, 924 347, 729 355, 382

7,562
349, 953

27,810
268, 304

30, 780
250, 858

31,086
244,201

33,278
257,854

34, 139
191,835

27, 935
228, 793

25,813
240, 727

30, 781
186, 194

6.042
49. 247

5.645
50. 354

6.042
49.247

6.042
49. 247

6. 042
49. 247

6.042
49. 247

6.042
49. 247

6.042
49. 247

6. 042
49. 247

6.042
49. 247

125

113

96

87

136

105

30,661 I 31,558
243,233 1 254,049

5.736 1 6.042
6.042
49.443 i 49.247 1 49.247 '

30, 883 29, 417 31, 444
190, 823 232, 348 211,210

FUELS AND BY-PRODUCTS
COAL
Anthracite:
92
Exports
thous of long tons
Prices —•
Retail, composite, chestnut
..dolls, per short ton..
13 11
Wholesale, composite, chestnut
dolls, per long ton.. 11 777
Production
thous. of short tons..
3,286
2,901
Shipments
thous. of short tons..
Stocks, in storage
thous. of short tons..
1,906
Stocks, in yards of dealers, end of month
__
no. of days' supply..
Biturnirious:
Consumption —
Coke plants..
..thous. of short tons..
2, 588
Electric power plants.thous. of short tons...
Railroads
thous. of short tons..
Vessels bunk or
thous. of long tons
112
Exports
.
thous. of long tons. .
662
Price, retail composite, 38 cities
. dolls, per short ton..
7 60
Prices, wholesale —
Composite, mine run. dolls, per short ton..
3. 640
Prepared sizes (composite)
. dolls, per short ton.. 3 599
Production
thous. of short tons.. 18, 394
Stocks, consumers, end of month
thous. of short tons

148

146

110

101

121

157

14.19

14. 31

14. 59

14.73

14.93

14. 97

14.96

14.97

14.97

14.95

14 45

13 46

12. 270
5, 005
4, 629
1,674

12.413
4, 544
3,977
2,073

12.614
3, 954
3,459
2,504

12. 796
4, 314
3, 810
2, 828

13. 083
4, 358
3,778
3,109

13. 083
6, 551
5,818
3, 167

13. 147
4,141
3, 718
3,314

13.166
4,671
4,210
3,073

13. 170
3,897
3,418
2,741

13. 170
4,019
3,630
2,265

12 396
4,789
4, 384
1, 794

11 803
5, 629
5,014
1,733

60

75

75

60

4, 027
2, 960
5,314
209
994

3,795
3,167
5,463
1S6
1,087

3, 459
3, 282
5,268

3,616
3,452
5, 776

3,442
3, 221
5,290

3,172
2, 863
5,234

3, 018
2 2, 608
4,980

2

3, 158
2, 737
5 444

2,810
2 342
4 703

1,163

1,078

1, 150

4,629
2,956
5,821
195
920

3, 634
3,232
5,419
165
1,217

164

183

54

134

3,354
3,116
5,314

99
521

93
389

122
386

89
403

93
550

8.04

8.00

8.09

8. 11

8.17

8.22

8.23

8. 19

8.17

8.14

8 01

7 85

3. 723

3. 692

3. 706

3.704

3. 705

3. 703

3.705

3. 701

3.699

3.701

3.692

3.669

3. 838
28, 314

3.816
29, 1S5

3. 856
29, 790

3.907
30, 534

3. 954
31,919

3.954
35, 700

3. 962
30, 110

3.950
30, 260

3. 953
27, 892

3.929
28, 013

3 798
32, 250

3 629
2 20, 300

30, 100

30,900

34, 500

36, 100

35, 500

32, 700

30 050

COKE
Exports
thous. of long tons..
Price, furnace, Connellsville
dolls, per short ton
Production:
Beehive
thous. of short tons..
By-product
.. . -thous. of short tons.
Petroleum
thous. of short tons..
Stocks, end of month:
By-product plants
thous. of short tons..
Petroleum, refinery. .. thous. of short tons..

25

86

45

50

87

52

50

41

28

22

29

42

43

2 21

2.48

2.45

2.45

2. 45

2.45

2.45

2.38

2.34

2.30

2.25

2 25

2 25

45
1,743

94
3, 126
178

87
2, 715
180

76
2, 569
173

70
2, 443
178

78

105

98

82

88

2,389

86

2,310

180

159

2, 276

2,234

2,101

1,996

3,615

3,062
1, 250

3, 256
1,315

3,546
1,391

3, 791
1, 451

4,054
1,516

4,214
1, 473

4,290
1. 499

4,322
1,512

4,179
1,460

3, 839
1,440

3,473
1,436

3,566
1,520

76, 187
3,978
.300
75, 116
67

79, 758
3,588
.238
77, 961
63

80, 672
2, 702
. 434
68, 418
69

75, 094
3,426
.560
63, 636
66

76, 083
4,106
.560
73, 079
65

71, 639
3,604

:?io

72, 851
64

72, 721
4,315
.710
73, 174
64

68, 715
2,047
[710
66, 884
60

63, 814
4,708
.710
62, 484
60

68 502
4,840
.710
67 189
61

71 131
7, 694
.823
67 717
67

95, 362
43, 930
347, 610
41, 734
305, 876
643

94, 587
43, 625
346, 016
41, 007
305, 009
599

94, 633
42, 300
333, 852
39, 021
294, 831

93, 961
41, 888
323, 193
38, 358
284, 840

93, 493
41, 519
319, 906
36, 705
283, 201

93, 673
41, 777
320, 788
36, 566
284, 222

874

643

575

92, 155
42 259
323, 395
40 211
283 184

92, 249
42 547
322 957
42 312
280 645

441.

705

93, 033
42, 431
320, 201
36, 594
283, 607

92, 809
42, 311
320, 577
38, 085
282, 492

445

93, 274
42, 114
322, 566
36, 546
286, 020

2 716
2, 960

2, 183
3, 129

1,488
2, 841

1, 864
2, 628

1, 553
2, 359

1,409
2, 350

1, 833
2, 654

1,392
2, 869

1,890
2,761

2 557
2, 968

2,922

8, 561
9, 181

9,401
9,913

9, 274
9, 796

9, 420
9,412

9, 639
9, 440

8, 984
9, 535

9, 101
9. 922

9, 087
9,589

8, 546
8, 994

9, 949
9 998

11,004
10 481

599
3, 4 JO
4, 053

713
3, 567

694
3, L'sfi

707
3,551
3, 613

3, 3U
3, 0.'.0

3, 447

66 1
3, 388
3,031

2 607
3, 025
3. 136

" TOO
o, -11
•6, 500

::, on i

°x .'((]
3N iji

'x ST
41,33'j

" °(n
41, .V3

1'7 10-5
45, 434.

27 1^7

.325
2 ft J 64
39. '^7

. 335
23 435
36, 631

J4, (/id

168

168

145

141

87

56

2,089

1, 883

146

149

PETROLEUM AND PRODUCTS
Crude peti oleum:
78, 521
Consumption (run to stills) thous. of bbls
4,512
Imports
.thous. of bbls. . 5 089
.530
Price, Kansas-Oklahoma
dolls, per bbl__
. 860
Production
thous. of bbls
77, 164
Refinery operations
per ct. of capacity..
67
Stocks, end of monthCalifornia—
96, 341
Heavy crude and fuel oiLthous. of bbls..
44, 540
Light crude
thous, of bbls
348, 106
East of California, total
thous. of bbls..
41, 819
Refineries
thous. of bbls
Tank farms and pipe lines thous. of bbls
306, 287
498
Wells completed
number .
Mexico —
2,808
Exports
thous of bbls
3, 080
Production . ..
thous. of bbls..
Venezuela —
9,049
Exports
. . -thous. of bbls . It, 260
10 G48
9,515
Production
thous of bbls
Refined products:
Gas and fuel oils—
Consumption —
512
Mectric power plants
tnojb. of bbls._
3, 60n
R'tihoads
thnis of bbls
t, 286
!, I'll
Vu^els, bunker.
thous. of bols_.
Price, Oklahoma, 2 i-26 refineries
. 463
loliG. per M)l .
"Jb 'Jo 2
Production
llious of b^ 1^
1
bto"ks, refiner*. , en ^ of mo. linnt- of bbN..
» K j vised.




3,-tJ'J

2-0
U, i^O

.3111
27 039
45,3-H

l)

* As o [ Dec. 1.

744

670

793

5,'d

,., 436
4 H

25 S2>

'•' *, r 1.1

SURVEY OF CURRENT BUSINESS

July, 1932
Earlier data, together with explanatory
footnotes, may be found in the 1932
Annual Supplement to the Survey

1932

May

May

June

July

43

1933
1931
|
NovemDecemSeptemFebruMarch
j August
January
October
ary
ber
ber
ber

April

FUELS AND BY-PRODUCTS—Continued
PETROLEUM AND PRODUCTS -Con.
Refined products— Continued.
GasolineConsumption
.
tbous. of bbls
Exports
thous of bbls
Exports, value. (See Foreign Trade.)
Price, wholesaleDrums, delivered, N. Y. dolls, per galL.
Refinery, Oklahoma
dolls, per gall .„
Price, retail, service station, 50 cities
_.
dolls, per gall..
Production —
At natural gas plants
thous. of bbls.,
At refineries
thous. of bbls..
Retail distribution (41 states)
mills, of galls
Stocks, end of month—
At natural gas plants
thous. of bbls._
At refineries
_. _thous. of bbls _
Kerosene—
Consumption
thous of bbls
Exports
thous. of bbls
Price, 150° water white, refinery, Pa.
dolls, per gall._
Production
_ thous. of bbls _.
Stocks end of month
thous. of bbls
Lubricating oil —
Consumption
_
thous. of bbls.Price, cylinder oil, refinery, Pa
dolls, per gall
Production
thous. of bbls
Stocks, refinery, end of month
._
thous. of bbls. _
Other productsAsphalt—
Imports .-thous. of short tons..
Production
thous. of short tons..
Stocks, refinery, end of month
thous. of short tons..
Coke. (See Coke.)
WaxProduction
thous. of Ibs
Stocks, refinery, end of month
thous. of Ibs. >

4 418

35, 999
4 792

.140
.053

.133
.029

858

.052

.174

2

38,637
38, 637 i
33,093
093

.133
.025

39, 246
4,166

39, 470
4,036

36, 670
3, 074

35, 051
3, 325

30, 640
3,723

30, 529
2,540

26, 196
3,300

25, 344
2,721

29, 451
2,901

30, 252
3,568

.133
.029

.133
.043

.143
.034

.143
.038

.143
.047

.128
.032

.123
.032

.123
.036

.135
.041

.143
.053

3,102
33, 093

.122

,125
.125

.124

.122

.123

.123

.129

.129

3, 814
38, 419

3,521
36,
36, 624
624

3,521
37, 873

3,179
38, 425

3,062
37,016

3,345
38, 030

3,405
35, 792

3,476
35, 563

3,342
33, 007

3,148
31, 265

3,198
31, 789

1,087

1,137

1,214

1,219

1,082

1, 059

957

880

801

752

857

996
46. 413

860
42,
42, 066
066

855
38, 174

722
34, 878

614
33, 401

524
34, 615

641
36, 786

645
40, 202

809
41, 782

875
46, 923

947
47, 220

1,061
46, 957

2 395
1,145

22,104
104
720

2,114
1, 214

2, 678
1, 131

2, 341
1, 057

3,042
1,267

2,906
1,206

3,358
640

2,612
1,184

2,798
734

3, 067
876

3, 292
578

.045
3,389
5,960

.038
3,696
6,869

.038
3,685
6,734

.039
3,239
6, 558

.039
3,701
5,924

.041
3,815
5, 618

.044
3,713
5,332

.046
3,798
5,304

.045
3,200
4,971

.044
3,525
4,539

.046
3,762
4,417

1,865

.042
3,404
6,521
'
1,615

1,969

1,753

1,549

1, 639

1,211

1,366

1,413

1,190

1,724

1,587

. 118
2,264

..112
112
2,088

.110
2,337

.134
2,306

.198
2,143

.200
2,267

.181
2, 164

.164
2,049

.153
2,092

.161
1,984

.167
1,946

.103
1,910

10, 119

9,763

9,597

9,289

9,224

9,113

9,422

9,485

9,551

9,747

9,355

9,139

9
304

10
315

314

14
312

12
326

1
314

0
210

0
132

1
131

1
130

2
181

0
211

380

390

343

315

288

276

277

302

308

313

351

391

34 160
34,

37,800

37, 520

42, 000

46, 200

46, 760

45, 360

43, 680

48, 440

200, 836
200,
836 198, 407

192, 198

191, 158

189, 167

35, 840

205, 803

47, 040

36, 680

183, 938 2171,220 2178,082 2176,674 2 182, 974

184, 486

LEATHER AND PRODUCTS
HIDES AND SKINS
24,437
Imports, total hides and skins thous. of Ibs... 16,786
4,512
Calf and kip skins
thous. of Ibs. _
1,869
6,812
Cattle hides
_.thous. of Ibs...
5,138
6,082
8, 274
Goatskins..
thous. of lbs._
Sheep and lamb skins
thous. of lbs_.
3,091
2,544
Livestock, inspected slaughter:
399
Calves
thous. of animals.425
704
Cattle
.
thous. of animals..
616
3, 940
3,408
Hogs
thous. of animals..
Sheep.._
thous. of animals
1,444
1,444
Prices, wholesale:
Packers, heavy native steers, Chicago
dolls, per lb._
.043
.085
Calfskins, No. 1 country, Chicago
I
dolls, per Ib
.129
.045
Stocks, total, end of month
thous. of Ibs..
275, 576
Calf and kip skins
thous. of lbs_.
24,150
Cattle hides
thous. of lbs_.
216,400
Sheep and lamb skins
thous. of lbs_.
35,026

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

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

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

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

25, 856
3.164
10,846
5, 533
4,472

20,492
2,327
9,473
4,783
2,333

16,712
2,739
4,261
3,879
3,481

18, 015
2,658
5, 209
4,399
3,755

17,159
2,175
7,115
3,632
2,697

18, 644
2,092
6,167
4,611
4,009

18, 579
2,474
6,406
5,948
2,282

417
667
3,251
1,516

356
706
2,767
1,491

357
727
2, 500
1, 598

393
687
2,955
1,667

407
781
3,772
1,804

355
614
4,218
1,505

388
686
5,387
1,581

347
653
5,027
1,679

360
583
4,590
1,439

420
633
3, 664
1,428

428
650
3,714
1, 497

.078

.076

.066

.064

.050

.078 '
.074
300,468 308,948
29,562
29, 313
237,186 245,477
34,158
33, 720

.065
296,770
24, 851
238,156
33, 763

.069
294, 726
22, 724
238, 286
33, 717

.058
302, 474
22, 360
232, 619
35, 030

.100
.129
269,758
26, 027
34,034

.120 i
.139
270, 573
29,033
206,317
35, 223

.113

.090

.077

.082

.129
276,000
28, 325
212, 299
35,376

.098
283,405
27,413
221, 343
34,649

.083
277,523
26,977
217,394
33,152

.085
282.639
27,089
221,891
33,659

309

LEATHER
Sole and belting:
Exports (sole only)
thous. of IDS..
Price, oak, scoured backs (Boston)
dolls, per lb_.
Production, total
thous. of lbs_.
Sole only..thous. backs, bends, and sides..
Stocks end of month—
Finished
thous. of lbs_.
In process of tanning
thous. of Ibs..
Upper leather:
Exports
thous. of sq. ft..
Price, wholesale, composite, chrome, calf,
black "B" grade
dolls per sq. ft...
Production
thous. of sq. ft..
Stocks, end of monthFinished
thous. of sq. ft.,
In process of tanning
thous. of sq. ft..

172

1,143

459

546

53i

.28

.37
18,388
1,034

.37
19,522
1,076

.37 |
.40
19,281 i 19, 837
1,097 I 1,160

.39
18,765
1,088

.35
19,531
1,127

.32 I
.32
17,053 i 17,111
1,003 ! 1,011

85,848
67, 938

85,626
67,070

81,906 | 81,319
67,212 I 68, 931

80, 773
69,172

83,463
69,850

86,348 i 88,358

5,483

.250

9,211

652 !

9,234 i

7,403 I

6,635

280

213 I
.32
16,673
977

188
.33
15, 070
874

259
.33
16, 642
972

6,529

.350
.356
.352
60,542 i 03,229 j 67,234

LEATHER MANUFACTURES




233,394 i 243,948 | 129,569 ! 112,004 ! 135,060 j 147,622

.31
15, 466
920

44

SURVEY OF CURRENT BUSINESS
1932

Earlier data, together with explanatory
footnotes, may be found in the 1932

Annual Supplement to the Survey

1931

May

--<•-.« * * <,.*i

July, 1932

June

May

July

1933

DecemAugust S« October November
ber January

F

|^u"

March . April

LEATHER AND LEATHER PRODUCTS—Continued
LEATHER MANUFACTURES-Contd.
Shoes:
Exports
thous. of pairs__
Prices, wholesaleMen's black calf blucher,
Boston
dolls, per pair-Men's black calf oxford, lace,
St. Louis
dolls, per pair-Women's colored calf, Goodyear welt, oxford, average-dolls, per pair_.
Production, total
thous. of pairs..
Men's
thous. of pairs.Boys' and vouths'
thous of p-iirs !
Women 's~~_
thous. of pairs. _!
Misses' and children's
thous. of pairs
Slippers, all types
thous. of pairs__j
All other footwear
thous. of pairs..

84

194

167

1

5.75

6.75

6. 75

6.75
6.

4.25

4.60

4.49

4.
4.35

3.50

3.90
28, 452
6,735
1,647
10, 058
3,128
2,812
4,072

3.90
27,839
7,244
1, G05
9,596
2,835
2. 974
3,585

3.
3.75
;
28, C 4:
7,3 :9
1 7 ,9
10^4
2,8
3,4
2,8

LUMBER AND MANUFACTURES
|

1

LUMBER
Exports all types
M ft. b. m._
Retail m,ovement:
Retail yards, 9th Fed. Res. Dist.—
Sales
M ft. b. m__
Stocks end of month
M ft. b. m
Retail yards, 10th Fed. Res. Dist.—
Sales
--M ft. b. m__
Stocks end of month
M ft. b. m

1

120,501

5, 207
68,381

8,451 !
80, 051 ;

10, 084
79, 017

8, 513 '
78 274 1

1,743
32, 366

3,42]
38, 816

3. 432
37, 718

2,030
4,102
2, 179
2, 325
22, 852

11, 147
12, 444
11,683
12, 939
52, 598

76, 595

143, 558

120,354 ! 99, 633

89, 502 i

85, 234 1

77, 877

87, 520

84, 433

65, 063

61 304

73 675

9,457
76 554

8,314 !
73 00? ;

9, 255 ! 6, 379
68 318
65 480

2,932
63 374

2, 808
64 928

1,723
66 638

2, 379
68 575

4, 124
69' 0°5

3,745
37 279

3, 280
36 966

3, 249 '•
36 245

2 599
3, 481 :
35, 207 i 34 718

1, 697
34 183

1 , 593
33 458

1,402
33 054

1 842
33 028

2 159
32 ^3

3,327
4, 245
4,604 ; 4, 955
2 629 ! 3, 116
3, 778
3,315 '
21, 821
23, 467

3,712
4,772
9
737
3,447
21, 321

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

, 2,783 : 2, 760
3,368
3,778 ! 4, 851
: 3, 775
2 797
2,812
: 3 134
2, 703 '
i 3, 144
2 481
| 20, 189 | 20, 042
20, 216

2 342
5, 083
3 027
1,928
21, 438

1,742
4,911
2 272
1,759
21, 511

2,203
5,072
2 570
2,061
21, 588

2 210 1
4, 648 1
3 424
2 496 i
22; 702 ;

1 925
4, 268
2 646
2 200
22, 940

24, 710 1 21, 065
30, 235 ! 30, 176
20, 984
24, 505
27, 745
23, 131
67, 619
76, 753

26, 390
21, 204
24, 120
25 691
64, 798

18,631 1 16,928
18, 194 ! 17, 590
21, 736 ! 22, 425
21, 464
19 486
65,004 1 65 696

13, 526
14, 334
15, 744
13 907
68 293

16, 676
17, 987
13, 457
12 976
67, 748

17, 537
22, 251
4,098
11, 673
60, 781

8 150
19, 189
7,968
11 359
56, 201

10 442
15, 864
13 101
13 360
57 521

12 090
15, 753
12 091
12 555
56 066

131
370
105
128

105
367
86
109

120
356
68
120

105
315
83
124

113
292
90
116

105
272
101
113

Flooring
Maple, beech ,and birch:
Orders—
New
M ft. b. m._
Unfilled, end of month
M ft. b. m _ _
Production
M ft. b. m
Shipments
M ft. b. m .
Stocks, end of month
M ft. b. m_.
Oak:
OrdersNew
-.-. -M ft. b. m__ !
Unfilled, end of month
M ft. b. m _ _
Production
M ft. b. m._
Shipments
- M ft. b. ni_.1
Stocks end of month
M ft. b. m..

15, 973
15, 589
19, 299
18, 203 i
67, 103

Hardwoods
Hardwoods, total (Southern and Appalachian
districts) :
;
OrdersNew
mill. ft. b. m _ _
Unfilled end of month
mill. ft. b. m
Production
mill. ft. b. m.j
Shipments
mill. ft. b. m J
Stocks total end of month
mill. ft. b. m_.
Unsold stocks
mill. ft. b. m _ _
Gum:
Orders, unfilled, end of month-mill, ft. b. m__
Stocks total, end of month
mill. ft. b. m _ _ i
Unsold stocks
-mill. ft. b. m.J
Oak:
!
Orders unfilled, end of month.mill. ft. b. m_J
Stocks total, end of month
mill. ft. b. m._
Unsold stocks
mill. ft. b. m _ _
Northern hardwoods:
Production
- _ _ M ft. b. m.
Shipments.. _
M ft. b. m. J
Walnut:
OrdersNew
__
M ft. b. m._
Unfilled, end of month
M ft. b. m._i
Production
M ft. b. m.J
Shipments
M ft. b. m _ _ i
Stocks end of month _
-M ft. b. m. J
Softwoods

i
|
i

158
431
146
169

176
419
143
161

139
402
109
139

131 1
375 '
101
143
3 0?0
2, 645

2,915
2, 542

2 893
2 524

2 854
2 487

2,791
2, 434

2 734
2,419

2 671
2 379

2 648
2 376

3 149
2, 718

3. 126
2,707

3 0659
2 66

100
686
586

108
683
575

102
653
551

92
634
542

98
615
518

91
607
516

92
595
504

84
560
476

80
549
470

69
542
473

70
532
463

69
528
460

105
914
809

88
890
803

81
864
783

70
853
783

79
840
761

85
827
742

85
813
728

95
805
711

87
775
688

76
748

64
710
646

64
70R
64]

10 820
10, 330

11,878
11,690

6 173
9 846

5 864
13, 445

3 210
14, 907

2,617
15, 378

3 517
12, 690

6 382
12, 137

8,220
12, 435

9 900
11, 892

8 268
5 432

1, 181
3, 151
1.382
1, 277
15, 990

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

996

1,574
2,981

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

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

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

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

12, 606

12, 279

662
12,880

36,714
21, 874

29, 549
19, 007

29, 448
20, 737

41, 785
21, 468

21,362
13,324

151, 305
81, 472

135, 637
105, 197

115, 046
85, 501

125, 789
113, 703

624

1, 853
14 543

!

Fir, Douglas: *
Exports—
45,308 l! 38,787
47, 766
53 088
69 043
Lumber
M f t . b. m
19 326
25, 155
18,020
Timber
.
_..Mft. b. m..1 18' 233
55, 586
35, 718
18, 186
Orders—
New
.
M ft. b. m 107 883 188, 907 191, 146 181,297 188,460 i 158,915
135, 637 162, 944 165, 630 111,017 | 125,341
Unfilled, end of month
M ft. b. m_.
Prices, wholesale10.97 j 11.27
11.64
11.25
10.64
No. 1 common
dolls, per M ft. b. m _ j
9.63
Flooring, 1 x 4, ' ' B " and better
25.29
25.48
dolls, per M ft. b. m _ _
25.76
28.33
25.98
21.72
Production
_M f t . b. m.
99, 826 206,813 199, 651 149, 067 171,897 ! 155,334
Shipments
M ft b m
112 360 221 586 197 413 173 240 175 030 • 166, 525
Hemlock, northern:
10, 128
9,991 i 4,804
9,893
10, 013
Production
- __ _ _ M f t . b. m
9 554
8 640
7 864 i 7,531
Shipments
M ft b in
7 894
Pine, North Carolina:
24,276
24,640
27. 013
30, 233
30, 338
Production
__ - M f t . b. m
30, 408
32,375 i 33,320
34, 293
31. 780
Shioments
M ft. b. m._
* Data for May, August, October, and December are for 5 weeks; other months




131
374
105
135

131
387
105
131
2,960
2, 559

786

1,974

886
915

691

861
1,680

486
837

11.21

11.23

11.09

11.40

25. 63
149, 962
162 049

24.35
115,941
126 684

23.51
102,511
113 703

22.84
99, 378
118 627

3, 928
7 811

3, 581
6 366

3,028
4 461

3,443
4 682

27, 370
33, 110

26, 670
35, 350

25, 760
30, 310

4 weekS4

673 '

1,761
528 !

721
1 516

483
738

12 600

:

18 786
26 437

112,360 ! 114 150
111,017 i 101, 168
10.25

22 344
4 150

9

106 540

9,90

9.52

22.49 '
21.87
115,941 1 102 511
96 244 115 941

22. 42
102 511
12° 65C

3,940
3 465

»Revised.

3,983
4 352

SUEVEY OF CUEKENT BUSINESS

July, 1932

1933

Earlier data, together with explanatory
footnotes, may be found in the 1932

Annual Supplement to the Survey

May

45

1931
May

June

July

1933

August SeptemOctober November
ber

D

^'| January!^- March
1

April

1

LUMBER AND MANUFACTURES—Continued
LUMBER— Continued
Softwoods— Continued
Pine, northern:
Orders, new
_.M ft. b. m__
Production
Mft. b. m__
Shipments
M ft. b. m._
Pine, southern:
ExportsLumber
M ft. b. m__
Timber
M ft. b. m
Orders —
New
M ft. b. m
Unfilled, end of month
M ft b m
Price, flooring
.dolls, per M ft. b. m
Production
M ft. b. m__
Shipments
M ft. b. m__
Redwood, California:
OrdersNew
M ft. b. m..
Unfilled
M ft. b. m
Production
M ft. b. m._
Shipments
M ft. b. m-.
FURNITURE
Household:
Grand Rapids district—
OrdersCanceled...
per cent of new orders..
New .. . ._
no. days' production
Unfilled, end of
month
no. days' production
Outstanding accounts, end of
month
no. days' sales
Plant operations
per cent of full time..
Shipments
no. days' production
Southeastern districtOrders, unfilled, end of
month _ _ dolls., average per firm
Shipments
dolls., average per firm
Prices, wholesale—
Beds
1926=100
Dining-room chairs, set of 6
1926=100_.
Kitchen cabinets
1926=100 .
Living-room davenports
1928 = 100. _
Steel furniture. (See Iron and Steel Section.)

6, 286
11,421
6,689 18, 140
7, 969 | 12, 476

11, 159
17, 657
11, 622

9,850
12, 459
10, 791

10, 119
9, 931
10, 420

9,043
3,717
10, 857

8,957
1, 396
9,657

7,079
0
7,837

7, 673
0
5,572

7,284
0
7,401

7,812
0
8,829

7,477
0
8,264

6,543
2,267
8,588

27, 288
4 772

34, 067
5 827

30, 278
12 535

29, 925
8 745

21, 956
7 888

18, 936
5 663

20, 895
5 017

18, 425
4 056

25, 793
8 636

16, 457
3 931

20, 039
3 668

20, 105
4 320

22, 905
9 836

102 802
61 740
19 60
100, 303
101, 528

157 920
83 958
28 82
148, 048
165, 004

140 322
83 475
28 15
126.739
138, 663

146 860
83 013
27 82
121, 994
151, 488

151 484
82 551
27 78
119, 828
155, 511

138 204
74 235
27 21
116, 511
142, 170

134 757
58 464
26 49
117,241
142, 254

111 307
62 013
26 31
110,803
108, 668

72 751
50 925
26 31
77, 749
73, 059

105 553
60 837
25 16
79, 979
99, 001

119 329
73 773
22 74
88, 727
117, 478

126 728
76 668
21 22
104, 114
122, 706

110,397
62 475
20 91
106, 224
116,963

14, 887
22 153
10, 702
16, 326

19, 220
20 237
17, 616
21, 568

19, 321
20 376
16, 429
18, 253

16, 576
19 331
14,717
18, 131

15, 386
17 380
16, 270
17, 323

16, 007
17 585
14, 760
15, 734

18, 636
20 485
15, 931
17, 055

16, 383
21 229
14, 436
15, 333

11, 079
17 138
14, 684
15, 025

17, 133
21 932
13,616
13, 077

17, 555
23 987
12, 202
14, 984

18, 999
24 374
14, 523
17, 545

17, 053
24 043
12, 292
16, 545

18.0
6

13.0
9

4.5
27

6.5
13

7.0
15

8.0
16

8.5
14

6.5
15

8.0
11

5.0
16

14.0
11

9.0
9

17.0

7

11

23

22

20

15

11

13

12

17

13

10

7

21
42.0
6

31
70.0
11

32
74.0
12

32
80.0
14

36
73.0
16

39
72.0
19

38
83.0
17

35
72.0
12

31
56.5
11

32
68.0
11

33
73.0
13

29
59.0
11

26
540
7

19, 338
46 431

56, 865
43 077

47, 997
55 063

47, 706
59 223

42, 180
66 042

22, 100
64 122

16, 268
35 388

14, 469
23 519

24, 278
33 632

18, 469
46 304

15, 427
37 944

86 8
94.0
102.9
89.8

85 2
93.0
102.9
89.8

85 2
92.1
102.9
88.6

82 9
92.1
102.9
88.2

80 4
92.1
100.1
84.2

73 1
91.0
100. 1
82.0

73 1
91.0
100.1
82.0

73 1
91.0
100.1
74.2

70 3
91.0
95.3
74.2

68 8
91.0
95.3
74.2

68 8
91.0
95.3
74.2

68.8
91.0
95.3
69.8

68 6
89.5
95.3
69.8

METALS AND MANUFACTURES
IRON AND STEEL
Foreign trade, iron and steel:
Exports
long tons
Imports
long tons.Price, iron and steel,
composite
dolls, per long ton-Sales, iron, steel, and heavy hardware
1921=100

80 477
33, 474

95, 046
29,689

75, 577
30, 987

84, 465
28, 255

73, 338
21, 898

69, 778
24, 509

59 335
23, 335

59 556
23, 104

57, 263
18, 125

40, 660
25, 346

40, 492
20, 302

49, 927
35, 434

58, 118
29, 414

29.62

31.39

31.02

31.05

31.05

31.03

30.81

30.61

30.32

29.98

29.56

29.62

29.75

83

129

124

117

110

112

109

91

81

68

70

78

88

2,675
194

2,114
122

1,832
128

1,652
92

1,470
99

1,451
70

1,311
94

1,230
90

1,154
89

1,174
77

1,256
46

1,040
90

599
656
1,769

2,369
1,428
3,808

3,191
1,735
4,956

3,229
1,658
5, 065

2,873
1,440
4,179

2,029
1,162
3,094

457
277
421

0
0
0

0
0
0

o

0
0

0
0
0

0
26
44

27, 115
21, 968
5,147

28,713
23, 556
5,157

31, 817
26, 451
5,366

35, 071
29, 385
5,686

37, 972
31, 998
5,974

39, 767
33, 687
6,080

39, 232
33, 184
6,048

38, 010
32, 136
5,874

36, 893
31, 083
5,810

35, 742
29,975
5,767

34, 491
28, 774
5,717

33, 479
27, 962
5,517

21

37

38

22

27

21

9

8

17

3

2

14

Ore

Iron ore:
Consumption by
918
furnaces
thous. of long tons..
Imports
. thous of long tons
80
Receipts:
Lake Erie ports and
39
furnaces
.
thous. of long tons
79
Other ports
thous of long tons
111
Shipments from mines._thous. of long tons..
Stocks, total, end of month
32, 700
thous. of long tons
At furnaces
thous. of long tons_. 27, 167
Lake E rie docks
thous. of long tons
5,533
Manganese ore imports (manganese content)*
2
thous. of long tons__
Iron, Crude and Semimanufactures
Castings, gray-iron:
OrdersNew
av. tons per foundry i
Unfilled, end of month
_.av. tons per foundry..
Production
av. tons per foundry
Receipts (materials)— av. tons per foundry.. !
Stocks (materials)
av. tons per foundry. _
Castings, malleable:
Orders, new...
short tons_.
Production
...
short tons
Per cent of capacity
Shipments
short tons
Pig iron:
Furnaces in blast, end of monthCapacity
-long tons per day !
Number
_
" Imports from Cuba not included.




56

105

82

92

79

82

86

55

58

66

69

60

80

49
77
85
252

77
126
134
232

60
108
123
229

70
101
117
226

70
99
123
231

68
111
137
260

67
96
118
243

48
77
87
225

40
69
72
215

56
70
103
248

55
71
82
240

59
69
77
258

64
67
76
266

17, 297
17, 430
18.7
18, 953

28, 716
31, 964
32.1
36, 957

22, 495
24, 248
24.5
28, 602

19, 667
20, 223
20.0
23, 985

18,705
18, 821
18.9
20, 904

17, 854
18, 485
18.6
18, 727

18, 558
20, 444
20.4
17, 802

18, 971
17, 984
18.3
18, 336

19,811
21, 503
21.5
20, 206

22, 036
22, 216
23.5
21, 572

19, 709
21, 578
23.1
21, 325

18, 046
19, 597
20.5
21 337

17, 630
16, 758
18.0
18, 328

22, 965
53

61,085
105

50, 855
91

45,230 ! 39, 085
82
76

38, 600
73

36, 530
70

35, 810
67

29, 365
56

30, 630
61

32, 880
64

29, 135
60

27, 730
60

SURVEY OF CURRENT BUSINESS

46
1933

Earlier data, together with explanatory
footnotes, may be found in the 1932
Annual Supplement to the Survey

May

July, 1932
1932

1931

June

May

uly

August

Novem- DecemJanuary
« October
ber
ber

February

S

Ma

April

METALS AND MANUFACTURES—Continued
IEON AND STEEL— Continued
Iron, Crude and SemimanufacturesContinued
Pig iron— Continued:
Prices, wholesale—
Basic (valley furnace) .dolls, per long ton..
Composite pig iron
dolls, per long ton..
Foundry, No. 2, northern (Pitts.)
dolls, per long ton..
Production
thous. of long tons.

14.20
15.05

16.25
16.64

15.50
16.40

15.50
16.38

15.50
16.38

15.50
16.32

15.25
16.23

15.00
16.02

15.00
15.86

15.00
15.55

14.63
15.36

14.50
15.26

14.50
15.20

16.59
784

18.76
1,994

18. 76
1,639

18.76
1,463

18.76
1,281

18.76
1,169

18.39
1,173

17.76
1,103

17.46
980

17.36
973

17.02
964

16. 89
967

16.89
853

178, 101 201, 956 208, 072 158, 495
156, 769 155, 723 195, 946 257, 941
166, 923 159,568 213, 852 288. 422
1,069,407 1,088,609 1,105,878 978; 351

105, 181
247, 732
270, 880
842, 371

75, 683
146, 023
147, 698
740, 613

55, 602
83, 230
83, 494
705, 124

131, 871
54,274
44, 848
770, 108

77, 122
57, 713
55, 970
783, 264

41, 824
64, 691
57, 571
760, 398

23,904
61, 706
62, 025
707, 537

Iron, Manufactured Products
Cast-iron boilers:
Boilers, gas-fired —
Production
Shipments, quantity
Shipments, value
Stocks, end of month
B oilers, range—
Orders —
New .. .
Unfilled, end of month,

12, 416 174, 244
thous of B t u
thous. of B. t. u__ 57, 723 154, 650
dollars
55, 874 148, 749
thous. of B. t. u._ 666, 109 1,014,298

no. of boilers
total
no. of boilers
Delivery, 30 days or less__no. of boilers..
Delivery, more than 30 days
_uo. of boilers
Production
no of boilers
Shipments
no of boilers
Stocks, end of month
no. of boilers..
Boilers, round —
Orders, new
_ -thous. of IDS..
Production
thous. of lbs_.
Shipments
thous. of lbs__
Stocks, end of month
thous. of lbs._
Boilers, squareOrders, new
--thous. of Ibs
Production
thous. of Ibs
Shipments
thous. of Ibs
Stocks, end of month
thous. of lbs_.
Boiler fittings, cast iron:
Production _.
short tons
Shipments
short tons
Boiler fittings, malleable:
Production
short tons
Shipments
_.
short tons
Radiators:
Orders, new thous. of sq. ft. heating surface
Production, .thous. of sq. ft. heating surface __
Shipments ...thous. of sq. ft. heating surface..
Stocks, end of
month
thous. of sq. ft. heating surface..

44, 406

41, 768

39, 428

39, 066

35, 674

42,109

46, 680

37, 427

26,066

40, 816

36, 059

40, 250

40, 148

7, 890
5,974

16, 620
9,944

15, 047
12,752

8,077
5,922

10, 115
8,054

10,470
8,470 !

7,023
5,423

7,520
6,309

6, 992
6,092

8,790
7,240

7,466
5,760

6, 327
4,789

6, 437
4,787

1,916
42, 957
42, 953
24, 694

6,676
43, 799
41, 744
28, 565

2, 295
42, 012
41,001
29, 576

2, 155
44,611
46, 036
28, 151

2, 061
32, 003
33, 636
26, 518

2, 000
39, 211
41, 754
23, 975

1,600
51, 769
50, 127
25, 617

1,211
37, 918
36,930 I
26, 605

900
32, 862
26, 743
33, 464

1,550
32, 975
39, 018
27, 421

1,706
36, 883
37, 383
26, 921

1,448
40, 738
41,479
26, 180

1,650
38, 458
39, 948
24, 690

" 2,392
2, 685
37, 920

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

4, 948
4'. 654
5, 05 o
59, 876

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

7, 204
4,662
7, 309
53, 558

9,148
4.678
10,262
48, 095

11,731
6, 502
13, 923
41, 257

8,406
5, 228
8,497
36, 872

4, 194
3,159
5, 094
35,411

4,317
3,035 :
36,036

4,466
2.857
36,846

3,931
2, 891
38, 026

2, 559
2,309
38, 308

10. 049

12.200
13, 256
11,422
141, 522

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

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

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

27, 999
19, 751
31.479
113, 226

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

10, 908
7,964
12, 193
101, 777

14,246 i 15,179
8,275 i 7,300
108,388 ; 115,244

15, 783
8, 037
122, 630

12, 984
6,315
128, 690

2,206
3, 195

2, 052
2,552

1,678
2,919

5, 874 ! 13, 140
6,868
9, 537
128, 244 139,, 773
1, 863
3, 189

4, 976
5., 088

4, 165
4,508

4, 059
4 ; 779

3. 650
4, 442

4,592
5,822

5. 475
7, 638

5,381
4, 778

3,621
3,564

2,861
3, 852

1, 526

2, 471
2,784

2 365
2,489

2 114
2, 330

1,959
2,041

2,466
2, 964

2 973
3,' 610

2,412
2,026

1,620
1,609

1,602
1,627

:

1, 925

1,464
1,518

1,133
1,344

1,243
2,262

1,857
2,726

4,863
5,164
5,003

6, 428
5,025
5,759

6,606
4,194
6,834

8, 365
4,572
7,960

8, 508
5, 090
9,262

10, 342
7,292
11, 282

8,302
5,560
8,465

4,413
3,489
5,627

4, 867
3,257 :

5, 185
2,683

5,027
2,412

3,070
2,367

38, 748

50, 953

50, 183

47, 414

44, 834

40, 549

36, 798

34, 388

32, 225

36, 153

38, 856

39,586

160,503 22 128,131 * 72, 399 261,304 2101,403 22 77, 100
193,890 108,155 2 68, 933 266,078 287,335
74, 823
786,580 2 806,556 825,659 » 820,939 | 2 841,285 2 841,230

51, 922
69, 452
824, 636

33, 681

Sanitary Ware
Bathroom accessories:
Production
no. of pieces
Shipments
no. of pieces..
Stocks, end of month
no. of pieces
Enameled sanitary ware:*
Baths—
Orders—
New
no of pieces
Unfilled, end of month
no. of pieces..
Shipments.
no of pieces
Stocks, end of month
no. of pieces
LavatoriesOrders—
New
__
no. of pieces
Unfilled, end of month
no. of pieces
Shipments
no of pieces
Stocks, end of month
... no. of pieces
Sinks kitchenOrders—
New
_
number of pieces
Unfilled, end of month number of pieces
Shipments
number of pieces
Stocks, end of month
number of pieces
Miscellaneous—
OrdersNew
.
number of pieces
Unfilled, end of month number of pieces
Shipments
number of pieces
Stocks, end of month
number of pieces
Enameled sheet metal ware, shipments
dozen pieces
Price, wholesale, plumbing fixtures (6
pieces)
.__
.dollars..
Porcelain enameled flatware:
Orders, new, total .
.
dollars
Signs
dollars
Table tops.
dollars
Shipments, total
dollars
Signs
.
dollars..
Table toos
dollasr* Not available




2
212,074
\204,449
2
817,167

193, 434

519, 270
216, 077
90, 377
528, 084
222, 803
91.527

2
2
2

218,266
214,194
821,339

2
2
2

159,200 22 170,356 22 169,515
173,303 154,693 166,187
807,136 2822,799 2 835,127

2
2
2

42, 991
17, 466
45, 512
152, 206

43, 228
17, 110
43, 584
145, 140

46,704
15, 892
47, 922
138, 759

35, 463
13, 722
37, 633
139, 496

33, 578
12, 320
34, 980
134, 392

35, 703
12, 001
36, 022
131, 858

24, 445
10, 973
25,473
126, 718

13, 686
8,866
15, 793
129, 726

51, 395
19, 702
54, 520
218, 067

49, 181
18, 308
50, 575
209, 841

53, 226
17, 949
53, 585
192, 552

43, 521
16, 208
45, 262
190, 226

41, 489
14, 325
43, 372
176,825

43, 238
12, 600
44, 963
169, 509

30, 269
12, 025
30,844
161,911

17,083
10, 161
18, 947
162, 033

54, 693
19, 566
56, 845
260, 426

49, 928
17, 818
51, 676
255, 269

52, 241
16, 196
53, 863
245, 354

43, 174
14, 463
44, 907
236, 005

43, 518
14,911
43, 070
226, 440

44, 287
12, 761
46, 437
224, 726

34, 997
13, 595
34, 163
212, 783

19, 786
10, 286
23, 095
212, 825

21, 243
12, 501
24, 490
101, 673

27, 463
13,511
26, 453
98, 384

27, 106
11,535
29, 082
94, 260

27, 324
10, 786
28, 073
86, 455

21,911
10, 466
22, 231
86, 640

26, 854
11, 145
26, 175
86, 401

17, 418
10, 845
17, 718
83, 492

8,959
9, 034
10, 770
82, 487

264, 953

232, 672

246, 858

251, 544

307, 068

255, 782

197, 080

233, 267

198, 878

270, 198

276, 725

99. 16

98. 96

98.91

97.77

96.32

96.12

94.15

93. 52

88. 32

88. 42

84.37

716, 502
283, 526
148, 700
739, 656
290, 429
151.647

637, 688
249, 455
132, 869
706, 838
290, 032
140, 545

564, 093
170,313
1 28; 350
638,431
229, 459
131,675

701, 487
213, 856
175, 642
704, 428
222, 332
180, 650

706, 284 465,431
206, 012 159, 107
205, 756 i 110,963
692, 415 492, 242
182, 077 168. 489
201. 935 123, 793

451, 740
224, 287
83, 056
512, 019
268. 259
88', 218

649, 894
245, 943
168, 362
690, 801
278. 732
103. 979 •

since December, 1931; expected to be resumed.

2

537,926
234,015
97, 390
381,607
141,231
94,920
He vised.

j 453,141 2
i 207,824 2
:
72, 821
i 461,070 2
; 187.287 2
i 76.662

1
567,804
261,356
94, 843
578,134
279,656
93. 174 i

195, 540

532, 439
236, 565
78, 238
546, 255
230, 164
84. 497

47

SUKVEY OF CURRENT BUSINESS

July, 1932

1932

Earlier data, together with explanatory
footnotes, may be found in the 1932
Annual Supplement to the Survey

May

1933

1931

May

June

July

Decem- January
October November
ber

August

Febru- | March
ary

April

METALS AND MANUFACTURES—Continued
IRON AND STEEL—Continued
Sanitary Ware— Continued
Porcelain plumbing fixtures:
OrdersNew, net
number of pieces
Unfilled end of month__number of pieces. .
Shipments
_
number of pieces
Stocks, end of month
number of pieces..
Vitreous china plumbing fixtures:
OrdersNew, net
number of pieces
Unfilled, end of month.. number of pieces..
Shipments
number of pieces..
Stocks, end of month
number of pieces..
Woodwork, plumbers':
OrdersNew, net
number of pieces..
Unfilled, end of month. .number of pieces..
Shipments
number of pieces..
Stocks, end of month
number of pieces..

1,465
3,289
1,519
16, 302

4,824
11,387
4,665
28, 394

6,213
10, 804
5,237
27, 850

5,796
10, 476
5, 577
24, 641

4,571
7,697
5,761
25, 236

4,740
7,104
4,533
23, 450

3,142
5,887
3,683
21, 957

2,918
6,072
2,544
19, 597

2,025
4,832
2,094
17, 992

2,000
3,796
2,951
16, 715

1,424
3, 548
1,631
16, 328

2,072
2,571
1,748
16, 117

1,244
3,379
1,275
16, 309

119, 922
200, 855
128, 574
593, 268

136, 285
202, 591
134, 549
574, 304

121, 324
188, 623
135, 292
554, 939

122, 977
172, 595
139, 005
533, 305

116,794
161, 435
127, 954
529,531

182, 938
188, 969
155, 404
506, 901

135, 931
199, 009
125, 891
501, 972

96, 004
192, 863
102, 150
522, 721

76,119
156, 753
112,229
524, 131

70, 918
136, 593
91, 078
536, 245

89, 048
140, 020
85, 619
570, 727

116, 036
141, 423
114, 633
560, 152

92, 254
69, 355
98, 447
149, 500

135, 674
119,578
125, 652
211,972

122, 642
114, 821
126, 368
200, 227

101, 784
108, 080
108, 525
211,622

106, 928
96, 650
118, 358
203, 213

110,372
100, 556
106, 466
199, 308

100, 275
89, 409
111,422
191, 933

100, 194
88, 895
100,708
190, 034

99, 791
88, 150
100, 536
201, 837

84, 514
79, 233
93, 431
167, 562

78, 293 2 80, 726
79, 027 2 74, 732
78, 499 2 84, 776
166, 779 2161,985

2 80, 226
2 75, 548
85, 643
158, 860

14, 406

22, 768

16, 360

14,413

12, 600

11, 576

13, 034

12, 182

13, 808

15, 457

12, 810

9,901

11,818

11,340
2, 843
8
14, 457
3,010
10

39, 052
11, 306
27
43, 154
12,071
30

26, 136
7,597
18
35,018
9, 410
24

32, 869
13, 621
23
31, 751
8,412
22

27, 458
6,848
19
30, 186
8, 657
21

23, 073
6, 023
16
26, 948
7, 265
19

22, 854
6,961
16
24,113
7, 366
17

20, 001
7,169
23, 139
7, 001
16

20, 799
6. 936
14
22, 064
6, 166
15

17, 344
4,279
12
18, 456
4, 666
13

17,015
3,400
12
18, 759
4,265
13

16, 588
4,005
11
20, 4G4
4,370
14

2 12, 801
2, 889
9
2 17, 474
3. 895
12

1, 107
20

2, 506
45

2, 076
38

1,886
34

1, 719
31

1,548
28

1, 592
28

1, 594
30

1,302
24

1,461
27

1,460
28

1,411
25

1, 240
23

Steel: Crude and Semimanufactured
Bars, steel, cold finished, shipments .short tons..
Castings, steel:
Orders, new, total
short tons
Railroad specialties
short tons
Per cent of capacity
Production, total
short tons_Kailroad specialties
short tons
Per cent of capacity
_.
Ingots, steel:
Production
thous. of long tons..
Per cent of capacity
_. _
Prices, wholesale:
Composite, finished steel
dolls, per lb—
Steel billets, Bessemer (Pittsburgh)
dolls, per long ton..
Structural steel beams (Pittsburgh)
dolls, per Ib _
Steel scrap, Chicago
dolls, per gross ton..
U. S. Steel Corporation:
Earnings, net
_. _
thous. of dolls..
Orders, unfilled, end of mo
.
thous. of long tons..

. 0217

. 0221

. 0219

.0220

. 0219

.0220

.0218

.0218

.0216

.0211

.0211

.0217

.0217

27.00

29. 50

29.00

29. 00

29.00

29.00

29. 00

29.00

28.80

27.75

27.00

27.00

27.00

.0160
6.40

.0165
8.88

.0165
8.75

.0165
8. 75

.0160
8.38

.0160
8.20

.0160
8.00

.0160
8.00

. 0160
7.80

.0151
7.50

.0153
7. 16

. 0156
7.13

.0160
7.00

4, 183

4, 499

3, 662

2, 960

2,559

1,690

1,249

1,032

3,620

3,479

3, 405

3,169

3, 145

3,119

2,934

2,735

2,648

1,053
610, 788
43.1
618, 801
42, 315

1,078
552, 955
38.9
549, 781
45, 489

939
580, 565
40.7
581, 450
44, 604

1,030
449, 590
31.6
455, 502
38, 692

914
451, 562
31.7
452, 960
37, 294

638
489, 555
35.3
492, 145
34, 704

549
453, 547
32.7
444, 201
44, 050

620
382, 483
27.9
385, 435
35, 179

925
359, 685
26.2
352, 135
42, 729

564
624

642
788

652
786

560
797

659
864

435
644

401
471

383
399

267
282

245
204

373
264

241
245

1,306
897
1,305

1,272
948
1,221

1,092
966
1,074

1,010
919
1,057

1,059
790
1,188

1,114
826
1,078

910
780
956

911
615
1,075

967
605
977

751
548
808

794
562
781

689
497
754

506
480
409

452
483
449

328
441
371

307
390
358

304
383
310

304
378
310

267
419
226

295
273
299

267
272
269

212
255
229

265
260
259

192
261
191

312
313
255
172

269
339
243
122

239
313
265
96

221
314
221
84

189
301
202
83

184
2264
222
85

187
238
212
80

183
189
210
81

167
225
131
121

220
279
165
115

166
209
237
99

2 157
2215
2150
92

26, 210
2,411

22, 806
4,679

27, 261
4,136

24, 282
1,138

33, 473
4,024

20, 839
1,955

18, 268
1,755

16, 442
778

17, 613
4,783

17, 755
4,115

12, 564
1,161

2 14, 074
2 1,406

148, 612
296, 731
201, 846
56.6
191, 942
169, 444
82, 532

163, 599
304, 107
147, 843
40.3
156, 160
168, 013
75, 618

144, 461
203, 358
174, 890
46.3
178, 460
160, 959
77, 953

122, 849
170, 122
123, 752
34.9
151, 529
149, 533
75, 288

120, 688
167, 366
116, 842
32.0
123, 371
143, 153
67, 337

117, 195
159, 367
122, 739
33.1
129, 365
137, 243
70, 465

102, 867
147, 169
102, 758
26.7
94, 975
133, 296
74, 763

99, 706
119, 677
101, 570
26.3
103, 400
128, 540
80, 191

121, 2S8
126, 508
118, 921
31.2
112,971
119, 288
73, 540

108, 441
118,022
124, 157
32.5
116, 715
124, 342
72, 857

101, 559
102, 171
110, 559
29.0
117, 685
124, 008
68, 677

103, Oil
99, 510
101, 559
26.6
104, 637
116, 339
71,318

152, 400
38
145,200
36
7,453

172, 400
43
159, 200
40
5, 705

159, 600
40
180,800
45
4, 409

124, 000
31
167, 600

194, 400
49
149, 200
37
3,472

109, 200
27
143, 600
36
2,162

90, 800
23
111,600
28
1,948
< rJeficit for quarter.

97, 600
24
122, 800
31
2. 373

48, 400
12
65, 600
16
2, 936

62, 000
16
78,000
20
2, 765

64, 400
16
82, 400
21
3, 229

2 64, 800
16
2 68, 400
17
3, 340

2,177

4

2,546

1, 137

2,472

2,327

Steel: Manufactured Products
Barrels, steel:
Orders, unfilled, end of month
973
__ .
_
thous. of barrels .Production
number of barrels- 427, 299
30.0
Percent o f capacity
.___
425, 662
Shipments
number of barrels
Stocks, end of month
number of barrels.. 35,817
Boilers, steel, new orders:
264
Area
thous. of sq. ft..
271
Quantity
number of boilers
Furniture, steel:
Business group—Orders—
New
__
thous. of dolls. .
634
Unfilled, end of mo _
thous. of dolls. .
478
Shipments
thous of dolls
653
ShelvingOrders—
152
New
thous. of dolls-217
Unfilled, end of month __ thous. of dolls ..
Shipments
_ _
thous. of dolls
196
Safes:
Orders120
New
thous. of dolls
Unfilled, end of month
thous. of dolls..
220
Shipments
. _ . thous. of dolls. .
115
Lock washers, shipments
thous. of dolls, _
102
Plate, fabricated steel, new orders,
total
short tons . 13,018
Oil storage tanks
short tons
2,310
Sheets, black, blue, galvanized, and full finished:
Orders91, 414
New
short tons
Unfilled, end of month
short tons.. 85, 228
Production, total
short tons . 96, 180
25.8
Per cent of capacity
Shipments
short tons.. 106, 893
121,
366
Stocks, end of month, total
short tons..
Unsold stocks
..short tons.. 74, 966
Galvanized sheet metal ware. (See Nonferrous metals.)
Structural steel, fabricated:
Orders, new
short tons— 90, 800
23
Per cent of capacity
Shipments
short tons.. 72, 400
18
Per cent of capacity
3, 061
Track work, production
short tons..
2 Rev ised.




3, 924

1, 139
1,176
2 1, 029
367, 472 2452,294 2 447, 379
25.3
231.3
31.3
369, 882 2453,621 2 s452, 191
34, 180
40, 319 2 38, 992

48

SURVEY OF CURRENT BUSINESS

May

1
g

1932

1931

1932 $

Earlier data, together with explanatory
footnotes, may be found in the 1932
Annual Supplement to the Survey

July, 1932

May

Se

June i July

m

August | ^^ " October

^ " ^ ccem- jamiarv February

N(

m

March j April

METALS AND MANUFACTURES—Continued
MACHINERY AND APPARATUS
Air-conditioning equipment:
Orders new total
thous. of dolls. .
795
Air-washer group
thous. of dolls..
111
Fan group
thous. of dolls. .
414
270
Unit-heater group
thous. of dolls. .
Electric overhead cranes:
OrdersNew
thous. of dolls. .
47
Unfilled, end of month
thous. of dolls396
Shipments
_
thous. of dolls48
Electrical equipment. (See Nonferrous metals.)
Electric hoists:
Orders, new —
Quantity
no. of hoists96
Value
dollars- 32, 379
Shipments
dollars. . 41, 798
Exports, machinery. (See Foreign Trade.)
Foundry equipment:
Orders—
New

1922-1924 = 100-

Unfilled, end of month
1922-1924 = 100- .
Shipments..1922-1924 = 100..
-Fuel equipment:
Oil burnersOrders—
New
no. of burners. „
Unfilled, end of month... no. of burnersShipments
no. of burners-Stocks end of month
no. of burners. .
Pulverized fuel equipmentOrders, new, central system—
Furnaces and kilns. ..no. of pulverizers..
Water-tube boilers no. of pulverizers..
Orders, new, unit system—•
Fire-tube boilers
no. of pulverizers. .
Furnaces and kilns.-.no. of pulverizers _.
Water-tube boilers. ...no. of pulverizers ..
Stokers, large, mechanical, new ordersNumber
Power
horsepower __
Machine tools:
OrdersNew
__ .1922-1924 =100Unfilled, end of month
1922-1924=100-.
Shipments
__ 1922-1924 =100Pumps:
Domestic, water, shioments—
Pitcher, hand, and windmill-.no. of units..
Power horizontal type
...no. of units. _
Measuring and dispensing, shipments—•
GasolineHand operated
.no. of units..
Power
no. of units .
Oil, grease, and otherHand operated
no. of units..
Power
.no. of units .
Steam, power, and centrifugalOrders —•
New
_thous. of dolls..
Unfilled, end of month .-thous. of dolls..
Shipments
thous. of dolls. _
Water-softening apparatus, shipments
number of units..
Water systems, shipments.. .number of units..
"Woodworking machinery:
OrdersCanceled
thous. of dolls. _
New
_ . thous. of dolls..
Unfilled, end of month
thous. of dolls..
ShipmentsQuantity
number of machines..
Value
thous. of dolls..
NONFERROUS METALS AND
PRODUCTS
Metals
Aluminum:
Imports bauxite
jshort tons..
Wholesale pricesNo. 1, virgin, 98-99, N. Y
dolls, per lb_.
Scrap, cast, N. Y_.
dolls, per lb..
Babbitt metal:
Production, total-.
thous. oflbs..
For own use
thous. of lbs__
Sales
.thous. of IbS—
•Copper:
Exports refined
short tons..
Imports total
short tons
Ore and blister
short tons
Price, electrolytic, New York— dolls, per lb._
Production —
Blister, world
short tonsMines, United States—
..short tons.
Refined (North and South
America).
short tons..
Smelter, United States
..short tons..
Shipments, domestic, refined
short tonsStocks, end of month (North and South
America)—
Blister
short tons..
Refined
short tons..
 * Revised.



1,738
215
831
2693

1,622
139
852
631

1,796
104
889
803

1,449
287
621
740

1,516
81
620
2814

1,576
98
630
848

1,387
85
642
660

1,108
75
514
519

753
30
361
363

703
69
388
246

2688
2383
239

709
92
386
230

307
1,413
310

261
1,264
410

160
990
435

91
736
345

84
581
235

73
497
157

44
435
102

70
372
138

65
383
40

56
396
57

52
411
37

31
397
46

293
142, 692
115, 809

220
109, 245
122, 189

192
90, 964
142, 143

203
85, 526
73, 163

132
63, 032
81, 465

165
71, 451
62, 493

104
48, 243
65, 714

140
59, 907
48, 045

82
32, 921
36, 332

143
53, 188
58, Oil

168
76, 179
69, 073

137
47, 751
50, 557

18.5
19.7
24.5

54.1
123.8
118.6

40.9
70.1
90.4

38.7
51.8
55.7

16.9
32.1
37.4

31.9
35.6
29.6

45.9
50. 8
26.2

17.2
40.8
32.9

26.3
36.5
24.9

20.5
29.1
28.8

32.9
41.3
15.7

27.9
32.1
38. 3

13.8
24.4
21.4

4,899
544
4,867
10, 067

5, 132
969
5,562
8,553

6,046
971
6,044
9, 193

8,010
1,490
7,491
10, 113

10, 621
2, 076
10, 035
10, 155

12, 329
1,869
12, 536
9,748

13, 542
1,177
14, 234
8,326

5, 852
616
6,413
8,860

3,566
378
3,804
9,190

3,570
305
3,643
9,574

3,432
369
3,368
9,724

4.055
' 468
3, 956
9, 399

4.250
512
4,206
9,334

0
0

0
0

0
0

0
0

1
0

0
0

0
1

0
0

0
0

0
0

0
0

0
0

0
0

4
0
3

3
1
0

4
3
14

5
1
11

4
1
4

2
0
1

0
0
5

1
2
2

0
2
7

0
0
12

0
2

0
0
4

41
9,822

80
23, 646

111
29, 889

101
20, 735

128
29, 971

22, 462

83
20, 339

62
13, 231

48
11, 072

54
25, 372

32
9,447

39
17, 576

39
7,614

39
65
32

87
232
96

74
212
95

62
202
72

72
182
96

56
140
92

45
97
85

51
97
50

68
104
57

59
108
47

38
97
44

33
64
52

41
63
51

19, 532
527

26, 772
2,154

33,574
2,253

35, 260
2, 331

29, 619
2,224

25, 984
1,084

22, 926
1, 057

17, 703
864

19, 458
376

22, 554
343

18, 090
446

17, 166
531

25, 607
534

2,939
6,691

6, 593
13, 295

4,927
9,880

4,428
7,644

3,378
6,252

2,810
4, 939

3, 366
5,627

2,280
4, 311

2,203
3,893

2,101
4,272

1,875
5,174

2,643
5,306

2,674
6,228

39, 479
675

47, 130
1,413

46, 239
1,677

44, 015
1,504

27, 217
1,501

22, 579
1, 562

27, 639
1, 664

24, 051
619

19, 770
506

17, 849
1,151

18, 706
411

22, 135
508

28, 230
649

488
1, 693
516

921
2,605
1,037

875
2,471
1,028

874
2,441
944

775
2,449
800

599
2,161
886

563
2,023
696

475
1,852
627

561
1,680
700

449
1,726
390

508
1,802
426

598
1,878
520

449
1,726
592

286
6,209

605
9,336

567
9,006

525
7,936

429
8, 119

500
6,909

518
6,267

458
5,237

370
4,009

268
5,245

321
4,224

363
3, 934

329
5,984

4
165
248

21
487
516

46
503
479

16
533
534

6
447
356

7
345
336

8
377
340

3
312
405

6
310
325

6
209
275

5
220
249

5
246
302

13
150
237

120
152

393
513

391
463

421
448

513
572

331
379

371
347

200
257

271
361

196
248

179
250

147
195

130
199

19, 235

33, 418

19, 480

29, 873

37, 620

19, 602

23, 906

17, 485

23, 340

36, 838

26, 126

19, 054

18, 740

.2290
.362

.2290
.0438

.2290
.0438

.2290
.0424

., 2290
. 0400

.2290
.0400

.2290
.0393

.2290
.0388

.2290
. 0388

.2290
.0398

.2290
.0413

.2290
.0413

.2290
.0411

1,346
398
948

2,377
731
1,647

2,278
702
1,576

1,905
511
1,393

1, 751
404
1, 347

1,823
497
1,326

2,018
552
1,466

1,846
607
1,239

1,624
577
1,048

1, 744
463
1,281

1,577
434
1,143

1,595
407
1,189

18, 112
18, 242
7,110
. 0524

22, 951
21, 461
17,213
.0867

23, 244
25, 413
17, 136
.0803

22, 381
20, 739
17, 374
.0770

19, 271
19, 447
14, 204
.0729

17, 201
25, 279
18, 077
.0699

11, 429
28, 630
17, 668
.0678

15, 215
28, 467
11, 974
.0656

13, 599
40, 186
21, 348
.0658

16, 831
39, 078
15, 132
.0706

17, 572
27, 814
12, 020
.0597

15, 432
22, 521
211,632
.0576

130, 486
45, 580

126, 722
44, 473

121, 504
38, 228

121,655
38, 925

120, 689
38, 088

102, 695
53, 734
45, 265

98, 275
51, 652
50, 217

96, 408
46, 503
43, 144

90, 190
47, 246
45, 816

86, 704
47,012
40,459

190, 578
398, 667

187, 353
413, 474

179, 658
440, 417

176, 105
455, 775

178,425
479, 896

:

i

i

2

2
2

1,419
359
1, 060

16, 142
17,910
8,800
.0557

SURVEY OF CURRENT BUSINESS

July, 1932

1933

Earlier data, together with explanatory
footnotes, may be found in the 1932
Annual Supplement to the Survey

May

49

1931

May

June

July

August

1932

SeptemOctober
ber

N

1

^- ^^f -

January

Fe

J^i-

March

April

METALS AiSTD MANUFACTURES—Continued
[
NON FERROUS METALS AND
PRODUCTS— Continued
Metals— Continued
Gold. (See Finance.)
Lead:
Ore—
Receipts in U S ore
short tons
Shipments, Joplin district
short tons..
ReSned—
i
Imports
short tonsPrice, pig desilverized, N. Y. dolls, per lb__
Production
short tonsShipments, reported
short tons__
Stocks, end of month.
short tons..
Silver. (See Finance.)
Tin:
Deliveries
long tons..
Imports, bars, blocks, etc
long tons..
Price, Straits, N. Y
dolls, per lb__
Stocks, end of monthWorld, visible supply
long tons..
United States
long tons
Zinc:
Ore, Joplin districtShipments
.- short tons..
Stocks end of month
short tons
Price, slab, prime western (St.
Louis)
dolls per Ib
Production, total (primary)
short tons..
Retorts in operation, end of mo
number. _
Shipments, total
short tons_.
Domestic
short tons _
Stocks, refinery, end of month. _ .short tons_.

23 578
1,277

35, 677
1,881

32, 551
1,432

30, 136
2,290

33 385
3,064

33 228
2,911

32 788
1,524

28 611
1,278

31 279
5,722

29, 086
2,110

25 807
2,330

24 784
1, 452

1, 626
.0300
25, 902
24, 258
173, 929

3,906
.0382
39, 519
34, 081
142, 370

3, 557
.0392
30, 708
37, 054
139, 698

6,522
.0440
32, 157
42, 219
133, 958

1,428
. 0440
34, 144
38, 590
134, 977

1,899
.0440
31, 966
38, 059
132, 804

6,794
. 0396
36, 546
34, 276
139, 796

2,135
6,866
.0394 1 .0379
31,671 i 33, 576
31,216
30, 297
144,057 151,380

2,376
. 0375
32, 180
27, 867
160,257

1,816
.0371
28, 081
26,319
165, 933

3, 035
. 0315
30, 345
31,162
169, 091

5,892
.0300
23, 236
26, 081
169,370

3,135
3, 725
. 2095

5, 505
5, 483
.2320

5,185
4,698
.2341

5,100
5, 587
.2502

5,270
5, 249
. 2575

5,015
4,882
.2468

5,385
5,607
.2276

3,550
5,301
.2281

3,380
2, 130
.2135

3, 5.50
2,412
.2184

2,825
2,254
.2203

3, 285
2, 497
.2186

3,440
3,100
.1924

50, 562
3,981

51, 231
5, 698

51,626
5,633

51, 707
5,838

50, 987
6,213

50, 722
5,868

50, 602
6,773

50, 583
7,458

51,313
6,254

50, 043
5, 342

51, 300
4,578

50, 780
3,841

50,716
3, 546

13, 469
84, 581

22, 470
65, 480

14, 395
70, 935

12, 059
76, 566

20, 243
79, 533

17,113
81, 190

19, 446

14, 854
85, 610

16, 228
83, 000

12, 071

14, 482
87,917

12. 239
86, 998

18,008
85, 010

. 0253
18, 642
21. 750
IS) 087
18, 087
132, 580

.0331
25, 688
20, 624
25,851
25,831
143, 049

. 0342
23, 483
19,022
27, 604
27, 604
138, 928

.0389
21,365
19, 266
28, 460
28, 440
131,833

.0382
21,467
19,305
23, 599
23, 599
129, 701

.0374
21, 327
20, 417
20, 860
20, 860
130, 168

.0338
21, 548
21,374
21, 181
21,181
130, 535

.0321
20, 443
19,428
19, 963
19, 963
131,015

. 0315
21,868
19,875
23, 041
23, 041
129, 842

.0301
22,516
22, 044
22, 444
22,413
129, 914

.0282
21,516
21,752
21,896
21,896
129, 534

.0279
22, 493
22,016
22, 576
22, 576
129, 451

.0273
20, 620
20, 796
18, 046
18,046
132, 025

1,865
Conduits, nonmetallic, shipments.thous. of ft..
Delinquent accounts, electrical trade. (See
Domestic Trade.)
427
Furnaces, electric, new orders
kilowatts..
Electrical goods, new orders (quarterly)
thous of dolls
Laminated phenolic products, shipments
386, 001
dollars
Mica, manufactured:
Orders, unfilled, end of
57
month
thous. of dolls
61
Shipments
. ._ . thous. of dolls..
Motors (direct current) :
Billings (shipments)
dollars..
Orders, new__
dollars. _
Panelboards and cabinets, shipments
thous. of dolls..
Porcelain, electrical, shipments:
Nail knobs
thous of pieces

4,091

2,447

2,777

4,487

3,356

2, 005

1,782

1,384

2, 258

1,831

1,385

1, 363

1,732

1,956

3, 975

1,231

1,862

1, 513

1,277

3,610

1,982

1,111

341

28 406
1,401

Electrical Equipment

Special
- - -dollars __
Standard
dollars..
Power cables, shipments
thous. of f t _ _
Power switching equipment, new orders:
Indoor
dollars^
Outdoor
dollars
Reflectors industrial sales
units
Vacuum cleaners, shipments
number..
Vulcanized fiber:
Consumption
thous. of Ibs
Shipments
thous. of dolls.
Welding sets, new orders:
^Multiple operator
units

2,680

157 304

224 3*8

99 351

151,586

706, 642

633, 321

618, 820

632, 476

639, 267

570, 466

430, 425

436, 190

413,424

363, 097

454,917

408, 410

119
128

97
92

100
81

87
103

81
79

73
76

81
73

69
73

73
94

75
86

65
86

60
63

455, 325
440, 476

450, 165
402, 130

360, 444
377, 129

365, 877
299, 081

365, 930
413, 864

387, 770
311,793

276, 905
248, 265

414,642
354, 236

231, 826
150, 148

300, 456
251, 509

286, 353
207, 778

302, 526
187,096

339

338

336

367

326

333

245

248

211

193

195

183

4,384
1 309
78, 983
57, 462
1,303

2, 192
592
77, 194
41, 331
1,106

2,044
516
66, 906
33, 042
890

2,544
971
74, 183
38, 303
840

3,132
869
82, 485
42, 562
806

3,818
1 000
84, 617
40, 171
1,137

2,263
509
63, 044
29, 447
973

1,195
424
38, 748
19,483
743

1,274
475
44, 699
25, 332
537

1,561
369
54, 941
25, 320
623

9fi6
255
37, 840
17, 183
958

32. 451
19, 874
698

39, 068

73, 567
208, 713
67, 256
70, 303

52, 697
240, 081
66,188
43, Oil

47, 041
360, 325
61, 794
35, 447

48, 707
175, 629
56, 735
37, 952

40, 586
188, 043
54, 691
47, 142

37, 547
244, 122
59, 103
59, 074

39, 191
323, 412
43, 287
67, 643

36, 686
197, 708
45, 000
50, 602

28, 777
116, 112
46, 261
40, 044

30, 854
85, 660
38, 748
37, 101

28, 626
69, 941
41,322
51, 120

21,043
51, 156
34, 538
50, 913

753
216

1,541
419

1,624
402

1,783
344

1, 345
348

1,407
332

1,398
313

1,057
262

1,003
246

872
270

1,269
301

1, 131
261

838
249

0
165

2
134

0
120

0
80

0
115

0
108

0
89

2
122

0
83

3
88

91

0
68

4,220
20, 817

3,584
22, 706

3,529
21, 510

3,186
21, 202

3,109
20, 073

3,502
20, 968

2,694
21, 753

2,752
21, 067

2,728
20, 014

2,145
19, 390

2,014
19, 245

2,081
18, 403

.123

.165

.158

.157

.154

.152

.130

.130

.130

.133

.130

.125

.125

564
200
93
194
322
950

514
275
302
256
277
1,073

560
275
145
253
274
934

546
328
158
302
324
898

504
326
134
330
330
889

509
339
135
333
316
911

522
308
129
338
312
910

583
366
160
312
254
953

592
274
114
357
285
1,031

571
340
164
204
289
880

595
304
165
366
280
965

613
267
117
317
285
998

548
264
142
280
285
981

89,892
104,835

121,413
122, 072

92, 460
88, 979

103, 345
114, 134

134, 003
129, 693

110, 253
120, 851

98, 340
88, 270

67, 145
72,011

72, 558
63, 163

87, 096
88, 382

110, 474
105, 966

121,322
124, 356

126, 162
111,205

23, 273
28, 700

28, 390
34, 188

26, 304
28, 724

26, 970
27, 334

34, 709
32, 764

32, 276
36, 007

26, 626
27, 792

15, 760
16, 087

11, 758
9,406

13,612
13, 254
te*

21, 472
19, 354

24, 063
21, 736

19, 345
25, 222"

34, 805
19,488
592
17,876
52,388

-,

Miscellaneous Products
Brass and bronze (ingots and billets) :
Deliveries
net tons..
Orders unfilled end of month
net tons
Brass sheets, wholesale price, mill
dolls, per lb_.
Copper, wTire cloth:
Orders—
Make and hold-over, end of month
thous. of sq. ft__
New
thous. of sq. ft—
Unfilled, end of month
thous. of sq. ft.. i
Production
_
thous. of sq. ft..
Shipments
thous. of sq. ft..
Stocks, end of month
thous. of sq. ft..
Fire extinguishing equipment. (See automobiles.)
Galvanized sheet metal ware:
Pails and tubsProduction
..dozens of pieces. _
Shipments
dozens of pieces..
OtherProduction
dozens of Dieces..
Shipments
dozens of pieces..




SURVEY OF CURRENT BUSINESS

50
Earlier data, together with explanatory
footnotes, may be found in the 1932
Annual Supplement to the Survey

1933
May

July, 1932
1932

1931
July

June

May

Decem- January
October NovemA ugust September
ber
ber

March

A

P ril

PAPER AND PRINTING
WOOD PULP
Chemical:
Consumption and shipments,
total
short tons
Soda
short tons
Sulphite, total
short tons._
Bleached
_ __
short tons..
Unbleached
short tons
Sulphate _..
_ .short tons..
Other grades
short tons
Imports
short tons
Price, wholesale, sulphite, unbleached
_
dolls, per lOOlbs..
Production, total
short tons..
Soda
short tons _
Sulphite, total
short tons
Bleached
short tons
Unbleached
sttort tons
Sulphate
sho^t tons
Other grades
_. .short tons..
Stocks, end of month, total
short tons _
Soda
short tons..
Sulphite, total _
short tons.
Bleached
short tons
Unbleached
short tons _
Sulphate
short tons
Other grades
short tons
Mechanical (ground wood):
Consumption and shipments
short tons
Imports
__.
short tons..
Production
short tons..
Stocks, end of month
short tons. _

i

59 424

1.58

13, 115

177, 344
25, 960
110, 722
37, 440
19, 020
39, 590
1,072
78, 695

175,460 \ 168, 030
23, 572 23, 502
111,282 105, 294
38, 080 35, 448
17, 544
16,790
39,828 ! 38, 156
1,078
778
112 822 i 120 070

170, 586
24, 278
108, 924
37,818
19, 026
36, 630
754
116,981

163,412
21 558
105, 666
35, 784
16, 698
35, 202
986
123 374

170, 442
19, 876
112, 224
37, 090
21, 170
37, 174
1, 168
115 179

162, 556
18, 088
109, 796
34, 116
22, 634
33, 828
844
170 986

155, 446
22 086
103, 600
33, 632
20 628
28, 956
804
112 680

172, 756
23 322
114,456
37, 384
22, 624
34, 024
954
193 954

175, 652
22, 738
117,318
39, 004
25, 026
34, 704
892
171 944

185, 970
23 148
127,914
43, 770
25 818
34, 184
724
80 000

2.15
180, 454
27, 230
110, 840
38, 262
19, 494
41, 870
514
32, 460
4, 480
18, 098
5, 018
4, 256
9, 076
206

2.15
181,756
24,834
115,200
39, 048
19,092
40,948
774
33, 944
4, 660
21,558
5 986
5, 500
7, 524
202

2.15
172, 456
24, 362
107, 664
35, 262
17, 924
39, 228
1,202
34, 504
4, 502
23, 626
5, 800
5, 578
6, 050
326

2.15
172, 350
25, 508
107, 430
37, 736
1 fi, 922
38, 522
890
34, 176
4, 620
23, 710
5, 718
5, 052
5, 3«4
462

2.15
168, 894
21,528
109 558
36, 232
19 800
36, S66
942
34, 456
3, 598
25, 836
6 166
6 388
4 604
418

2.15
171, 186
21, 226
109, 894
37, 080
19, 814
39, 004
1,062
32, 416
4, 058
24, 198
6, 156
5,724
3, S4H
312

2.15
171, 574
19, 336
114,846
35,016
26 108
36, 624
768
36, 684
4, 516
27, 788
7 118
7, 402
4, 144
236

1.81
160, 680
22, 682
105 802
32, 858
22 908
31, 276
920
36, 668
4, 124
27, 844
6 344
7,536
4 348
352

1. 58
175, 936
23, 998
115 256
36, 202
95 136
35, 686
996
33, 750
3, 762
25, 924
5 162
7,328
3 670
394

1.58
178, 312
23, 878
116 298
39, 482
24 376
37,006
1, 130
32, 326
3, 890
24, 2?4
5 640
6, 048
3 530
632

1.58
192, 934
24 212
129 722
43 214
28 752
38 228

118, 157
12,851
136,858
111, 832

118,371
13, 512
121,103
115, 235

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

100, 180
14, 433
87, 638
91, 434

106, 094
18, 750
96 920
82, 260

110, 715
21, 842
104, 788
76, 332

113,483
21, 066
120, 963
83, 845

110, 035
22, 757
112 954
86, 765

110,803
17,339
113 174
89, 135

101, 409
19, 127
102 095
89, 822

110 983
11, 249
114 066
92 905

638, 510
72
639, 712
416, 077

621,411 i 607, 700 591,414
67
71
70
615,877 606, 847 596, 623
415, 681 413,011 408, 345

587, 543
70
589, 218
406, 067

596, 459
67
604, 007
397, Oil

526, 944
65
527, 205
408, 035

503, 789
59
506 410
405, 942

556, 951
64
574, 197
424, 406

549, 122
66
572 065
414, 200

598 913
66
599 597
421, 104

'
!
i
!

i
1
i

59 4]^

1.58

39 926
3,910
23 396
5 084
6 286
4 950
680
14 710

PAPER
Total paper, incl. box board and newsprint:
Production
short tons
Per cent of capacity
Shipments
short tons _
Stocks, end of month
short tons..
Book paper:
Orders, newCoated
p. ct. of normal production..
Uncoated
p. ct. of normal production..
Orders, unfilled—
Coated.
days' production..
Uncoated
days' production
Production
short tons_.
Per cent of capacity
Shipments
short tons.
Stocks, end of month.
short tons..
Box board:
Consumption, waste paper
short tons_.
Orders —
New
short tons..
t
Unfilled, end of month..
short tons..
Production
short tons
Operations, per cent of capacity
Shipments
short tons
Stocks, end of month
__ short tons..
Stocks of waste paper, end of month —
At mills
short tons..
In transit and unshipped purchases
short tons
Newsprint:
Canada —
Exports.
short tonsProduction
short tons
Shipments from mills
_ _ short tons..
Stocks, at mills, end of month. short tons..
United StatesConsumption by publishers- ..short tons..
Imports
short tons..
Price, rolls, contract, destination, N. Y.
basis
dolls, per short ton..
Production, total
short tons..
Per cent of capacity
Shipments from mills
short tons
Stocks, end of month—
At mills
short tons..
At publishers
. _. short tons
In transit to publishers
short tons..
Writing (fine) paper:
Production
. short tons..
Per cent of capacity . .
_. .
Shipments
short tons
Stocks, end of month
.. short tons..
Wrapping paper:
Production
short tons..
Per cent of capacity..
Shipments
short tons..
Stocks, end of month .
short tons..
All other grades;
Production
short tons
Shipments
..short tons..
Stocks, end of month
short tons..
2

Revised.




43
55

70
67

52
65

58
60

53
61

57

56
58

55
58

53
59

52
66

58
66

52
61

50
55

5
6
113, 022
77
111,327
90, 985

6
1
5
!
; 106, 015
71
i 107, 075
89, 984

5
5
106, 439
71
104, 097
92, 684

4
5
98, 563
69
101, 323
89, 440

4
5
102, 111
66
105, 379
85, 594

4
4
95, 576
67
103, 588
87, 477

5
103, 509
69
105, 660
85, 115

4
5
100, 093
66
107, 668
82, 902

4
5
98, 792
69
112, 836
77, 513

4
5
107, 683
70
115,093
77,280

3

6
117, 609
78
113, 140
92, 464

162, 158

227, 125

208, 513

213, 686

200, 138

205, 084

209, 903

172, 830

146, 368

177, 610

173, 395 2191,637

167, 095

165, 363
31,344
168, 288
166, 266
80, 898

236, 173
49, 968
232, 020
77 8
231, 746
82, 058

223, 990
50, 630
224 110
70 3
223, 328
82, 840

221, 048
49, 698
222, 927
69 6
221, 980
83, 787

215, 752
47, 206
213,614
65 9
218, 244
79, 157

235, 382
61,327
221 684
70 9
221, 261
79, 580

218, 527
61, 365
218, 157
64 S
218, 489
79,248

181, 500
62, 933
186, 776
61 7
179, 932
86, 092

138, 042
36, 345
163 539
49 8
164 630
85, 001

189, 131
43, 862
182 306
56 8
187 118
80, 189

188, 734 2 2196, 403
42, 589 35 313
186 756 2206 802
2 go 6
58 2
190 007 2 2203 679
76, 938 80 061

177, 785
32 607
176 99°
59 2
180 491
76 562

165,152

182, 812

169, 570

166, 006

148, 042

149, 029

151,658

158, 674

172 761

168, 422

163, 522

27, 892

39, 209

50, 558

47, 052

47,549

45 386

36 055

42, 181

28 192

30 537

151, 758
175 887
172, 954
57, 014

185, 432
202, 607
202, 280
39, 962

189, 739
193,971
194, 144
39, 832

157, 205
182,731
175,350
47, 288

160, 175
165, 124
162, 303
49, 128

161, 171
178 412
178, 181
50, 451

171,031
184 252
191, 725
42, 963

171, 151
175 643
173, 601
48, 735

161, 835
165 173
165, 017
54, 214

172, 914
171 321
171, 843
53, 683

142, 445
158 543
150, 951
61, 195

171,651
166 758
163 806
63, 548

138,
176
186
53,

152, 321
175, 876

179, 836
192, 688

161, 265
188, 919

157, 119
173, 457

146, 249
157, 037

152. 422
159,916

173,852
180, 230

174,092
176, 228

160, 146
168, 087

151, 181
166, 516

142, 883
127, 089

156, 205
151, 786

] 48, 351
165, 300

53. 00
88, 087

57.00
101, 086
68
100, 087

57.00
99, 548
67
97, 225

57. 00
88, 344
59
89, 047

57. 00
91, 241
64
90 303

57.00
97, 117
63
98, 616

57. 00
94, 149
66
93 723

57, 00
93, 861
63
93 550

53. 00
94, 247

53.00
87, 157

53. 00
100, 034

53. 00
91, 235

88, 525

57.00
101, 202
69
102, 555

94 550

86 638

94 282

94 °96

35, 156
182, 507
31, 692

32, 956
178, 333
44, 859

33, 906
189,990
39,041

33, 616
32, 607
203, 944 i 202.121
34, 566
30, 879

33, 517
197, 716
34, 379

31,953
190,367
38,022

32, 398
187, 839
42, 064

32, 709
195,505
40,495

32, 406
192 817
37,612

32, 925
191 666
38, 913

38, 677
175 566
34, 570

35, 417
188 907
33, 295

30, 793
64
31, 501
61, 758

29, 364
59
28, 395
62, 725

26, 408
55
27, 728
59, 723

26, 386
55
27, 441
58, 658

26 443
55
27, 606
57, 489

27, 793
56
29 071
54, 398

27, 031
50
27 734
57, 349

27 371
48
27 043
56 735

32 126
64
33 347
55 516

31 558
65
33 767
55 288

33 228
63
32 563
56 026

78, 377
88
76, 888
78, 107

78, 174
87
76, 845
76, 051

78, 074 1 78, 360
88
90
78, 777
76. 479
75, 146 77, 047

72, 107
81
69, 151
80, 021

73, 347
79
72, 027
81 318

61, 902
77
63, 821
79 521

57, 739
65
60, 280
76 991

70, 344
80
71, 329
76 035

67, 451
80
70, 082
73 425

69, 779
76
72, 361
9

78, 509
83, 882
68, 734

75, 655 74, 728
75, 895 74, 062
69, 174 1 70, 755

77 505
79, 574
66, 020

77 934
80, 425
64, 500

78 702
74, 423
95, 091

71 252
70 272
96, 818

77 835
80 185
97, 358

77 40$
78 735
98! Ill

82 459
82 549
98, 374

3
3

78 271
81,315
63!. 192

2
164 596
34 219 2 33 475

7Q 8 1

5

171 104
26 628
786
6fO
443
904

51

SURVEY OF CURRENT BUSINESS

July, 1932
Earlier data, together with explanatory
footnotes, may be found in the 1932
Annual Supplement to the Survey

1933

1932

1931

May

May

June

July

August-

Septem- October Novem- Decem- January! Fetaber
ber
ber

March

April

PAPER AND PRINTING—Continued
PAPER PRODUCTS
rasive paper and cloth, shipments:
Domestic. ._
reams _ 41, 059
""oreign
reams. _ 6,657
ciders' board, production
short tons
per board shipping boxes:
Operating time, total
p. ct. of normal-71
Corrugated
p. ct. of normal-73
Solid
fiber
p. ct. of normal
65
^reduction, total
_
.
thous. sq. ft._ 446, 455
Corrugated.thous. sq. ft_. 360, 838
Solid liber
thous. sq. ft.. 85, 617
pe paper sacks shipments 1921-1922—100

51 948
7,832
2 069

54 721
7, 119
1 695

53 373
6 552
1 560

53 348
6,942
1 224

38 272
5 323
1 320

35 433
6 376
1 301

46 061
5,365
1 236

46, 700
5, 323
1 298

44, 820
7,648
1,366

41, 643
5,628
1,219

79
79
76
84
81
78
65
68
71
517, 708 516, 036 497,613
417, 407 416, 282 402, 031
100, 301 99 754 95, 582
55
44
65

77
80
68
556, 085
449, 285
106 800
67

79
82
71
552 650
448, 910
103 740
75

77
81
66
540, 293
438, 296
101 997
69

67
70
57
429, 315
346, 527
82 788
64

58
59
54
366 440
286, 897
79 543
49

64
67
56
426, 371
344, 994
81,377

73
74
68
459, 436
374, 636
84, 800

75
77
65
482, 114
390, 279
91, 835

70
72
63
446, 653
360, 998
85, 655

62, 268
8,218
1,486

54 431
8,705
1 535

PRINTING
ink forms, new orders...
thous. of sets..
ok publication, total
no. of editions
>Tew books _
_ . no. of editions,.
sTew editions
no. of editions..
erations (productive capacity) 1923 = 100 .
es books:
)rders, new
thous. of books
hiprnents
thous. of books..

33, 348
589
488
101

55, 266
886
708
178
96

48, 322
703
586
117
84

50, 357
718
568
150
77

45, 455
964
770
194
76

47, 351
882
735
147
83

57, 819
1 227
1,070
157
79

48, 309
827
724
103
83

44, 919
798
656
142
82

51, 660
662
541
121
84

48, 751
757
639
118
86

46, 557
781
675
106
84

39, 001
908
749
159
82

8,489
9,261

11, 587
10, 585

10, 514
10, 382

10, 321
9,997

10, 511
10, 501

10, 275
11,241

10, 663
10, 664

9 974
9, 546

8 096
9,313

9,261
9,201

8,654
8,456

8,906
9,783

9,428
8,734

19, 696
11, 267
53, 818

25, 725
16,451
33, 552

27, 611
14, 744
28, 298

25, 602
13, 594
45, 588

23, 877
13, 375
38, 454

RUBBER AND RUBBER PRODUCTS
CRUDE AND SCRAP RUBBER
Crude:
Consumption, total
long tons..
For tires
long tons
Imports, total, including latex
long tons__
Price, wholesale, smoked sheets, N. Y.
_
dolls, perlb-.
Shipments, world
long tons _
Blocks, world, end of month.
long tons..
Afloat, total
long tons .
For U. S _
.
.
long tons..
London and Liverpool
long tons
British Malaya
long tons .
United States.
long tons..
Reclaimed rubber:
Consumption . .
.long tons..
Production
long tons
Stocks, end of month
long tons _
Scrap rubber:
Consumption by reclaimers
long tons .
Stocks at reclaimers end of mo long tons

26, 861

34, 792
23, 847
35, 844

34, 883
22, 893
46, 939

29, 382
20, 849
44, 052

25, 379
16, 175
39, 033

21, 747
13, 328
38, 933

20, 495
12, 066
41, 398

21, 108
11, 572
45, 103

645, 875 531, 516
86, 271 91, 334
67, 271 73, 564
116, 652 140, 394
92, 437 80, 383
350, 515 219, 405

.064
67, 815

.063
61, 319
536, 982
87, 861
69, 421
137, 046
86, 729
225, 346

.063
66, 051
549, 127
86, 833
66, 873
136, 150
90, 398
235, 746

.054
63, 651
550, 580
80, 349
61, 469
136, 988
88, 616
244, 627

.050
64, 788
554, 458
78, 620
62, 420
134, 304
83, 182
258, 352

.050
71, 467
582, 000
86, 227
68, 427
133, 520
86, 503
275, 750

.046
70, 562
606, 197
97, 013
77, 443
130, 169
84, 710
296, 305

10, 220
12, 535
14, 471

10,175
13, 082
14, 804

8,929
10, 596
14, 176

7,778
9,402
13, 732

6,967
8,955
13, 781

6, 338
8,818
14, 273

5, 843
7,340
14, 130

5,313
8,255
15, 406

6,583
8,140
14, 970

6,499
8,120
14, 927

5,788
8,010
15, 781

4,393
5, 277
15, 283

32, 928

47, 666
33, 596

32, 878

33, 516

36, 959
34, 363

33, 146

30, 118

28, 740
31, 988

29, 654

27, 676

29, 762
26, 834

26, 389

4,543
4,332
4,197
8,250

4,538
4,458
4,320
8,358

3,941
4; 370
4,244
7,936

3, 125
3,968
3,845
7,117

2,538
3,145
3,034
6,527

2.379
2,281
2,185
6,640

2, 001
2,310
2,223
6,335

2,115
2,225
2, 171
6,220

2,770
2,602
2,545
6,329

3,097
2,042
1,973
7, 338

2,937
2,363
2,281
7,902

2,813
2,958
2,886
7,877

11
16
14
61

12
15
14
57

13
16
15
55

12
16
15
51

10
13
12
46

11
14
13
43

9
10
10
42

10
11
10
39

9
9
9
37

10
10
9
37

9
9
9
37

8
8
8
36

4,330
4, 225
4,135
8,439

4,286
4, 318
4,228
8,403

3, 964
4, 665
4, 569
7,672

3,548
4,240
4, 158
7,019

2,759
3,320
3,247
6,476

2, 462
2,250
2,187
6,657

1,955
2,076
2,022
6, 496

2,078
2,213
2,172
6,338

2,719
2, 803
2, 761
6, 175

3,057
2,182
2,135
7,008

2,802
2,149
2,094
7,008

2, 580
2,708
2, 658
7,553

18, 010

17, 085

15, 140

11, 745

9,585

9,263

8,361

7,981

12, 156

12, 518

11, 292

11, 084

34, 323

.031

4,795
4,773
13, 411

.039
.044
.030
.033
.046
57, 956
55, 656
59, 466 2 66, 972 2 59, 528
619, 906 630, 267 636, 206 2 632, 983 2 633, 425
76 390
87, 891
71, 849
75, 402
74, 080
53, 849
58, 920
68, 971
53, 940
56, 312
127, 149 125, 332 126, 036 125, 065 2 123, 408
94,
401
100,
379
90,
945
96, 677 103, 774
347, 215
322, 000 325, 759 321, 900 337, 127

TIRES AND TUBES
Pneumatic casings:
Production
thousands..
Shipments total
thousands ! -Domestic
thousands
Stocks, end of month....
thousands..
Solid and cushion tires:
Production
.
thousands
Shipments total
thousands i
Domestic
thousands
Stocks end of month
thousands '
Inner tubes:
Production
thousands
Shipments total
thousands _. . .
Domestic
thousands
Stocks end of month
thousands
Raw material consumed:
I
Pabrics
tbous oflbs ;
Crude rubber. (See Crude Rubber.)
!
MISCELLANEOUS PRODUCTS
Rubber bands shipments
thous oflbs
Rubber clothing, calendered:
Orders, net
no. coats and sundries.. 12, 503
Production
no. coats and sundries . 12, 886
Rubber-proofed fabrics, production, total
thous of yds
Auto fabrics
...thous. of yds..
556
Raincoat fabrics
_thous. of yds..
399
Rubber flooring, shipments.-. thous. of sq. ft..
Rubber and canvas footwear:
Production, total
thous. of pairs. .
Tennis
thous of pairs
Waterproof
thous. of pairs
Shipments total
thous of pairs
Tennis
thous. of pairs..
Waterproof
thous. of pairs..
Shipments, domestic, total.. thous. of pairs..
Tennis
thous. of pairs..
Waterproof
thous. of pairs..
Stocks total end of month thous of pairs
>l
Tennis
thous. of pairs
Waternroof
thous. of oairs...
s Revised.




215

209

246

195

201

225

197

231

206

208

223

202

19, 380
18, 094

21, 161
15,419

17,932
14, 431

21, 580
27, 080

23, 966
22, 728

20, 925
19, 773

14, 341
23, 255

13, 654
16, 221

20, 720
10, 130

12, 388
20, 405

13, 970
17, 649

12, 503
12, 886

3,050
982
1,066
569

3,212
701
1,355
576

3,337
531
1,843
577

3,787
596
2,226
595

4,692
528
2,988
595

4, 112
445
2,476
550

2,529
394
1,267
462

2,074
380
931
587

2,184
339
853
358

2,448
233
883
376

2,462
312
754
422

701
546

3,402
2,142
1, 261
4,113
3,437
676
3,942
3. 316
626
23, 881
7,523
18, 357

3,921
1,999
1,922
4,094
2, 757
1, 337
3,886
2, 657
1,229
23, 789
6.766
17, 024

2,407
836
1,570
3,272
1,645
1,627
3, 030
1,520
1,510
22, 935
5, 957
16, 978

3,382
1,021
2,361
4,245
1, 252
2,993
4, 065
1,223
2,842
22, 070
5,704
16, 366

3,934
1,012
2,922
5,706
1,335
4,371
5,448
1,263
4, 185
20, 615
5,473
15, 141

4,363
1,231
3,131
5,104
633
4,471
4,907
589
4,318
19, 880
6,076
13, 804

4, 217
1,443
2,773
3,720
475
3. 245
3, 632
446
3, 186
20, 367
7,044
13, 323

4,469
2,078
2,391
4, 208
734
3,474
4, 054
616
3,438
20, 628
8,387
12, 241

3, 557
2, 496
1, 061
3,990
2, 374
1,616
3,962
2,353
1,610
20. 237
8, 510
11, 726

3,777
3, 226
552
4,454
3,411
1.043
4, 416
3,378
1 .; 038
19, 551
8, 264
11, 237

3,787
3,187
600
4, 998
4, 264
735
4, 943
4,216
727
19, 347
8, 191
11, 156

4,104
3, 446
657
5,073
4,374
698
5,010
4, 333
677
18, 381
7, 267
11,115

52

SURVEY OF CURRENT BUSINESS
1931

Earlier data, together with explanatory
footnotes, may be found in the 1932
Annual Supplement to the Survey

July

June

May

August

July, 1932

ct ber 1

» ° ° h^ "

1932
Decem- January Februber
ary

March

April

RUBBER AND RUBBER PRODUCTS—Continued

Export
thous. of pairs..
Repair trade .
. .thous. of pairs
Shoe manufacturers
thous. of pairs. .
Stocks, end of month
thous. of pairs.. "- - Rubber soles:
Production
thous. of pairs _
ShipmentsExport
.thous. of pairs
Repair trade
thous. of pairs
Shoe manufacturers . -thous. of pairs
Stocks, end of month
thous. of pairs
Mechanical rubber goods, shipments:
Total
thous. of dolls
Belting
. _.
-thous. of dolls
Hose
thous. of dolls
Other
-thous. of dolls .

617
501
5,924
6,994
7,484
9,724
23,952 j 24, 652

612
3,975
9,693
28, 491

630
4,946
10, 522
27, 898

540
4,058
11, 177
27, 006

514
5,355
11,653
25,832

2,885

3,177

2,864

2,933

2,880

62
330
2, 651
2,655

59
225
2,899
2,461

67
196
2,569
2,475

67
234
2,790
2,395

90 i
290
2,604
2,264

4,231
790
1,857
1,584

3,879
798
1, 650
1,431

3,706
914
1,436
1,356

3,356
802
1,161
1, 393

3,015
788 !
1,041
1, 186 ;

591
4,537 •
6,610
25,213 ;

474
4,622
8,198
24, 405

290
3,431
8,704
24, 515

259
4,575
8,748
25, 807

305
3,785
9,424
27, 933

280
2,656
6,938
28, 340

2,610

2,840

3,639

3,411

3,461

3,953

2,292

45
370
2,273
2, 153

29
308
2,579
2,180

25
267
3,196
2,018 !

8
264
2,954
2,085

3
285
2,925
2,428

2

3,320
2, 601

1
252
2, 087
2,759

2,678
601
972
1,105

2,300
483
856
961

2,381
474
919
988

2, 463
483
903
1,077

2,446
483
966
997

2, 638
491
1,174
973

2,613
430
1,251
932,

STONE, CLAY, AND GLASS PRODUCTS
BRICK
Common brick, wholesale price, red, N. Y
dolls, per thous__
Face brick (average per plant) :
Orders, unfilled, end of mo. -thous. of brick. _
Production
_
thous. of brick..
Shipments
thous. of brick
Stocks, end of month *__
thous. of brick..
Sand-lime brick:
Orders, unfilled, end of mo.-tnous. of brick..
Production.. ^
thous. of brick..
Shipments by rail
thous. of brick..
Shipments by truck
thous. of brick
Stocks, end of month
thous. of brick. _

9.75

10.25

10.00

10.00

10.00

10.00

10.00

10.00

9.75

9.75

9.75

9.75

9.75

532
220
257
3,473

781 :
549 i
569 i
3,684

733
540
574
3,652

669
540
521
3,660

639
425
477
3,602

587 1
434
454
3,577

534
422
479
3,516

457
325
318
3,521

383
292
222
3.514

452
197
149
3,561

450
166
156
3,557

506
203
155
3,601

511
192
274
3, 498

2,575
2,469
157
2,919
4,897

6,513
5,084
1,595
4, 375
10, 724

9,960
6,664
494
5,75S
8, 975

10, 710
5,518
529
5,424
10, 199

10, 838
5,989
805
5,506
10, 698

11,532
6,943
872
4,922
10, 866

11, 437
6, 521
977
4,657
12, 347

10, 485
4,239
648
4,604
10, 529

8, 745
3,118
397
3,630
8, 677

8,700
2,188
449
2,561
9, 067

8,306
1,538
165
1,580
8,255

8,914
1, 603
125
2,089
8,421

5,430
2,502
355
2,575
7,264

Price, wholesale, composite
doils. per bbl_. 1,318
Production
_ thous. bbls.
6,917
Per cent of capacity
30.2
Shipments
thous. of bbls
8,048
Stocks, finished, end of month.thous. of bbls.. 25. 365
Stocks, clinker, end of month.. thous. of bbls.. 9,956

1.399
14, 010
62.8
14, 200
29, 554
13, 087

1.364
14,118
65.4
16,077
27, 602
11,837

1.331
13, 899
62.0
15, 545
25, 934
10, 209

1.331
13, 549
60.2
15, 172
24, 313
8,468

1.331
12,092
55.3
13, 671
22, 736
6,918

1.318
10, 762
47.4
12,360
21,218
6,021

1.310
8,161
37.2
7,156
22, 219
6,215

1.310
5, 974
26.4
4,142
24, 098
7,035

1.321
5,026
22.0
3,393
25, 778
8,184

1.323
3,971
18.7
3,118
26, 657
9, 375

1,318
4,847
21.3
3,973
27, 545
10, 025

1, 318
5,478
24.8
6,536
2 26', 496
2 10, 511

1,866
6,032
2,027
63.2
1,901
5,759

2,119
9, 127
2,481
73.4
2,545
6,003

2,465
8, 625
2,565
75.9
2,491
6, 080

2,102
8,268
2,268
69.5
2,180
5,887

1,859
7,591
2, 239
68.6
2,213
5, 930

1,820
6,860
1,948
62.0
2,310
5, 536

1,779
6,713
2,128
64.2
1,941
5,709

1,814
6,745
1,692
55.1
1,537
5,872

1,659
6,387
1,508
47.2
1,396
5,855

2,929
6,454
1,606
52.1
1,743
5.G97

2,354
6,811
1, 548
50.2
1,764
5,544

1,738
6, 505
1,886
56.6
1,963
5,497

1,652
6,174
2, 027
632
1,919
5, 639

22.5
.9
1,357
19.5
18.6
3.6
3,016

27.3
8
2,037
27.2
26.8
4.1
9,466

29.3
.9
2,161
28.8
28.2
4.1
7, 554 i

24.3
.8
1, 492
19.9
24.0
3.9
7,216

24.8
2
1,607
21.4
21.6
.9
6,311

26.3
.2
1,679
22 4
26.' 0
.9
4,799

26.6
.8
2,276
30.4
30.1
3.7
4,812

23.3
1, 877
25.0
24.0
3.6
3,694

20.8
.7
1,774
23.7
20.7
3.8
6,093

21.8
.8
1,463
]9. 5
20.2
3.8
5,500

19.7
.8
1, 301
17.4
19.1
3.6
6,427

21.3
.8
1,374
19.8
22.0
3.6
4,414

885
84

4,180
412

7,547
719

5,177 i
480

3, 955
361

4,290
386

1,997
194

1,269
115

2,252
223

1, 085
104

2, 648
237

2,097 I
176

PORTLAND CEMENT

GLASSWARE
Glass containers:
OrdersNew, net
thous. gross..
Unfilled, end of month
thous. gross..
Production
thous. gross. _
Per cent of capacity
Shipments
thous. gross
Stocks, end of month
thous. gross. .
Illuminating glassware:
Orders—
New
per ct. of capacity..
Unfilled, end of mo
no. weeks' supply-Production, total
_ _ . - no. of turns. .
Per cent of capacity
Shipments
per ct. of capacity-Stocks, end of month
no. weeks' supply _.
Plate glass, polished, production.thous. sq. ft_.

22.6
!

.8

1,393
20.0
22.3
3.6
5, 025

TERRA COTTA
Orders, new:
Quantity
Value

__

short tons
thous. of dolls.-

i

1

925
100

TEXTILE PRODUCTS
CLOTHING
Hosiery:
OrdersNew
-thous. of dozen pairs..
Unfilled, end of
month
thous, of dozen pairs. Production
thous. of dozen pairs..
Shipments, net
thous. of dozen pairs
Stocks end of month thous of dozen pairs
Men's and boys' garments cut:
Overcoats
thous. of garments _
Separate trousers
thous of garments
Suits
thous. of garments.Rubber clothing (see Rubber products),
2
Revised.




5,029

4,654 \

4, 279

4, 279

4,716

5, 058

4,902

4,155

4,417

4,354

4, 458

4,223

3,225
4,719
4,772
9, 864

3,201 i
4,572
4,561
9,990 ;

3,511
4, 069
3, 777
10, 177

3, 139
4, 187
4,540
9, 869

2,815
4,521
4,941
9,730

2,637
4,743
5,115
9,408

2,641
4,020
4,789
9,107

2, 263
4,118
4,394
9,114

2,645
4, 558
3,981
9,990

2,389
4,363
4,156
10, 003

2,043
4,522
4,723
9, 486

1,890
4,280
4,321
9,601

138
2,396
1,808

318
2,408 '
1,714

493
2, 246
1, 897

593
2, 544
1, 979

661
2,477
1,647

542
2,024
1,286

293
1,189
954

174
1,207
1,207

159
1,507
1,693

295
1,601
1,763

335
1,742
2.114

101
1,696
1. 273

* Adjustc d for deg rading an 3 year-end physica Mnvento ries.

SUKVEY OF CURRENT BUSINESS

July, 1932
Earlier data, together with explanatory
footnotes, may be found in the 1932
Annual Supplement to the Survey

1933
May

May

June

53

1933
1931
!
NovemSeptemDecemFebruMarch
j August
October
January ary
ber
ber
ber

July

April

TEXTILE PRODUCTS—Continued
COTTON
Consumption
thous, of bales
Exports:
Quantity, exclusive of
linters
thous. of bales _
Value. (See Foreign Trade.)
Qinnings (total crop to end of
month)
thous. of bales..
Imports
_.
_ _.
thous. of bales
Prices:
To producer
dolls, per lb_.
Wholesale, middling, N. Y
dolls, per lb_.
Production, crop estimate.
thous. of bales
Receipts into sight
thous. of bales
Stocks, end of month:
Domestic, total mills and warehouses. _
_.
thous. of bales .
Mills
thous. of bales
Warehouses
_
thous. of bales
World visible supply, total. -thous. of bales. .
American cotton
thous. of bales

332

465

454

451

426

464

462

429

416

435

450

489

367

501

336

255

259

211

558

1 014

1,071

1,181

919

970

927

545

23

15

Ii

7
9

566
7

5,410

12, 130

15, 024

15, 358

16, 002

.052
.057

.088
.093

.077
.090

.085
.093

.063
.072

.059
.065

.053
.064

.061
.065

350

347

107

277

333

1 623

4 082

9,072
1 463
7,609
8,738
6,680

6,748
1 258
5,490
8,346
5 861

6,102
1,131
4,971
7,572
5,236

5,520

5,266

7,072

4,524
6,899
4 775

4,426
6,435
4 498

6,297
7,113
5 275

34, 914
13, 377
11,212

34, 017
10, 067
11, 195

32, 951
11, 800
10, 181

31, 351
10, 295
10, 023

.223
.353

.215
.352

.225
.352

30, 961
3,920

34, 370
3,937

40,007
248, 544
56, 348
51,401
301, 943

5

3

6

13

13

9

2 16 629

10

16

.056
.066

.058
.068

.062
.068

.057
.062

3 035

.055
.063
17 096
1 819

1 546

918

870

569

10 566
1 116
9 450
9,184
7 299

12, 137
1 441
10 696
10, 191
8 346

12 056
1 630
10 426
10, 193
8 403

11, 669
1 637
lo' 032
10, 398
8 572

11 144
1 633
9*511
10, 166
8 268

10 333
1 566
8 767
9,623
7 687

9 697
1 533
8 164
9,111
7 139

29, 819
10, 858
9,382

32, 943
14, 703
9,461

32, 519
11, 574
9,832

31, 506
9,349
10, 861

31, 791
11,518
11, 350

32, 030
9,411
12, 009

31, 394
8,646
12, 436

28, 015
8,858
12, 771

.212
.336

.201
.326

.189
.315

.192
.312

.181
.295

.175
.290

.180
.285

.181
.284

.173
.280

35, 272
4,326

30, 309
1,692

25, 599
2,185

29, 897
1,958

27, 210
2,551

30, 759
4,026

28, 007
2,513

30, 840
3,959

35, 610
3,925

44, 042
3,514

71, 180
330, 575
52, 033
54, 774
288, 235

39,588
277, 597
48, 136
52, 833
269, 449

41, 889
217, 508
52, 262
56, 911
250, 855

57, 542
227, 167
54, 424
55, 610
244, 924

83, 420
344, 639
56, 779
54, 052
255, 833

56, 052
354, 957
57, 861
53, 472
273, 390

40, 983
322, 039
50, 938
47, 567
290, 248

84, 503
391, 150
58, 177
67, 225
254, 056

61, 396
377, 988
61, 086
64, 686
239, 654

33, 170
278, 163
57, 050
53, 135
259, 231

25, 577
218, 366
51, 272
40, 526
302, 216

.050

.048

.049

.043

.041

.038

.036

.034

.036

.039

.038

.036

.058

.054

.056

.052

.050

.046

,047

.044

.042

.043

.044

.044

67, 704
74, 436

57, 412
77, 335

56, 153
74, 662

65, 983
71, 615

70, 138
76, 245

63, 014
78, 027

59, 501
81, 606

55, 791
76, 981

70, 341
66, 464

89, 286
73, 337

93, 145
86, 429

57, 894
88, 864

52, 537
51
45, 937
1.9
30, 109

51, 577
45
41, 119
1.5
27, 221

45,831
47
45, 233
1.5
24, 916

44, S82
48
44, 372
1.7
24, 483

49, 252
49
45, 782
1.6
27 207

48, 237
48
44, 515
1.5
26 811

40, 516
43
38, 304
1.6
22 828

48,029
41
40, 028
1.6
27 290

44, 407
47
51, 529
2.2
27 495

55, 412
59
59, 119
2.7
31 410

61,919
58
53, 615
2.1
32 173

49, 573
46
34, 348
1.6
27 032

18 876
'
24, 818
6,955
217
90.1

23, 409
5,195
163
70.7

996

840

775

3

COTTON MANUFACTURES
Cotton yarn: *
Carded sales yarn—
Orders, unfilled, end of mo. -thous. of lbs_. 26, 756
Production
thous. of lbs._
6,433
Stocks, end of month
___thous. of lbs_. 12, 554
Prices, wholesale—
22/ls, cones, Boston
dolls, per lb._
.162
40/ls, southern, spinning
dolls, per lb._
.270
•Cotton goods:
Abrasive cloth. (See Paper Products.)
Cotton cloth:
Exports
thous. of sq. yds_. 39, 750
Imports
_
thous. of sq. yds..
3,182
Cotton textilesOrders—
New (weekly average)
thous. of yds.. 36, 439
Unfilled, end of month
thous. of yds.. 193, 637
Production (weekly average) thous. of yds.. 45, 929
Shipments (weekly average) thous. of lbs._ 42, 621
Stocks, end of month
..thous. of yds.. 315, 448
Fiber consumption for tires. (See Rubber
and Rubber Products.)
Prices, wholesalePrint cloth, 64 x 60...
..dolls, per yd__
.031
Sheeting, brown, 4 x 4 (Trion mill)
dolls, per yd..
.040
Cotton cloth finishing:
Printed only (mills and outside) —
Production
thous. of yds. . 43, 868
Stocks, end of month
thous. of yds.. 86, 324
White, dyed and printed (outside mills)—
Billings (finished goods)
thous. of yds._ 37, 340
Operations
per ct. of capacity _
37
Orders, new, gray yardage.. thous. of yds_. 32, 143
Orders, unfilled, end of mo
days prod._
1.5
Shipments (finished goods)
cases. . 23, 972
Stocks, end of month (finished goods)
cases.. 15, 355
.'Spindle activity:
Active spindles
thousands.. 21, 639
Active spindle hours, total
mills, of hrs._
4,577
Average per spindle in place..
hours. .
144
Operations
per ct. of capacity..
63.3
BATON AND SILK
Rayon:
Imports
__ _ .
thous. of Ibs
Price, wholesale, 150 denier, "A" grade,
N. Y__
dolls, per lb__
Stocks, imported, end of month thous. of Ibs
.Silk:
Deliveries (consumption)
bales .
Imports, raw
_
.thous. of Ibs
Operations, machinery activity—
Broad looms
per ct of capacity
Narrow looms
per ct. of capacity
Spinning spindles
per ct. of capacity..
Prices, wholesaleRaw, Japanese, 13-15, N. Y. .dolls, per lb_.
Silk goods, composite
.dolls, per yd..
v Stocks, end of month —
World, visible supply
. bales
United States—
At manufacturers, ..
.
bales
At warehouses—
..bales..

17, 141

16, 433

16, 404

18, 095

17 467

18 321

18 887

20 175

18 837

17 855

26, 379
6,733
204
89.6

25, 898
6,630
202
86.8

25, 826
6,528
200
86.0

25, 623
6,193
190
81.8

25, 237
6,540
201
88.1

25, 188
6,595
203
85.1

24, 861
6,014
186
85.8

24, 638
5,951
184
79.3

25, 014
6,214
192
84.5

25, 190
6,567
204
92.5

48

225

202

276

299

239

107

71

91

21

30

76

89

.75

.75
574

.75
531

.75
528

.75
539

.75
468

.75
474

.75
430

.75
362

.75
342

.75
338

.75
315

.75
308

32, 923
7,474

45, 073
6 520

42, 161
6 409

44, 746
6 724

46 454
7 167

53 819
7 331

56 668
9 524

50 645
9' 639

48 432
8 861

58 793
7 020

45 909
6 503

46 761
5 673

35 779
4' 832

43 2
39 6
30.4

76 3
42 5
49.5

75 6
43 9
42.8

76 4
35 3
44.6

79 4
38 2
48.7

90 5
48 3
53.4

93 0
38 0
56.4

83 9
42 4
56.4

89 4
41 8
51.7

88 9
41 0
50.0

73 5
44 6
46.1

60 2
47 2
41.5

56 3
43 1
38.7

1.231

2.266
.99

2.463
.£9

2.364
.98

2.512
.98

2.315
.98

2.266
.98

2.315
.98

1.970
.96

1.953
.96

1.891
.94

1.617

1.421

217 460

209, 923

232 731

254 484

277 830

293 148

296 935

311 513

281 779

263 325

261 140

253 621

18 206
32, 688

18, 706
37, 352

16 990
29,921

21 122
41, 878

20 044
36, 099

23 176
49, 921

23 435
67, 275

24 651
69^ 460

25 180
62, 905

20 510
70, 570

27 157
62, 675

26 337
57, 849

26, 008
59, 159

* Months do not contain same number of weeks.




^Revised

2

*As of Dec. 1

16 822

54

SURVEY OF CURRENT BUSINESS

Earlier data, together with explanatory
footnotes, may be found in the 1932
Annual Supplement to the Survey

1933

July, 1932

1931
May

May

June

July

j August

SC

19 33
m

bcr "'

October

Novem- Decem- January
ber
ber

F

^u-

March

34, 426
9,890

29, 384
6,422

April

TEXTILE PRODUCTS—Continued
WOOL
Consumption, grease equivalent.thous. of lbs_.
Imports, unmanufactured
thous, of lbs_.
Operations, machinery activity:
Sets of cards
per ct. of capacity..
Combs
per ct. of capacity..
LoomsCarpet and rug.
per ct. of capacity..
Narrow
per ct. of capacity..
Wide
per ct. of capacity..
Spinning spindlesWoolen
per ct. of capacity..
Worsted..
per ct. of capacity..
Prices, wholesale:
Raw, territory, fine, scoured...dolls, perlb..
Raw, Ohio and Penn. fleeces...dolls, per lb_.
Suiting, unfinished worsted, 13 oz. (at mill)
..dolls, per yd..
Women's dress goods, French serge, 54" (at
factory)
dolls, per yd..
Worsted yarn, 2/32s, cross-bred stock, Boston
.dolls, per Ib.
Receipts at Boston, total
thous. of lbs_.
Domestic
..thous. of Ibs..
Foreign.
thous. of lbs_.

44, 966
14,168

45, 805
16, 868

53, 886
12, 9S7

51, 140
9,679

47, 548

42, 990

13,463

35,424
6,977

30
31

60
97

60
107

64
115

65
115

61
109

53
74

48

40 |
65 j

50
69

54
76

30
36

23
18
28

46
45

40
46
61

38
43
64

38
45
70

40
44
63

38
39
49

30
31
45

28
25
51

30
22
61

28
21
28

30
25

60
66

61
73

64
83

66
78

63
70 j

53
49

46
51

26 I
26
44 |
i
39
49

52
53

58
51

45
37

26
29

.42
.15

.63
.20

.62
.20

.62
.21

.63
.23

.62
.22

.58
.21

.58
.21

.58
.21

.58
.21

57
21

.52
.19

.48
.18

1.300

1.494

1.494

1.494

1.490

1.400

1.400

1.400

1.400

1.400

1.400

1.400

1.300

.880

.925

.925

.925

.925

.925

.925

.925

.900

.900

.900

.900

.80
10,942
10, 272
670

1.00

30,341
26,151

1.00
56, 743
53, 779
2,964

1.00
79, 381
76, 046
3,335

1.00
36, 850
34, 445
2,405

.95
18. 707
16, 595
2,112

.95

.95

.93

.93
11, 235
4,928
6,307

.90
8,127
5,131
2,996

.88
5,794
3,758
2,036

6, 526
5,414
1,112

24, 231
17,095

37, 732

14,102

42, 942
18, 622

35, 604
21, 993

45, 618
18, 277

37,504 35, 432
17,118 ! 17, 320

32,428 » 21,123 j 33,391 I 30,567
13, 774
19,011 I 22,800 j 20,287

33, 041
17,131

32, 346
11,671

71
61

138
118

79
68

101
95

106

76
62

44.7
9, 224
315
272
901
1,124

45.0
9,252
729
202
1, 999
I, 018
4, 474

31.3
8,803
390
256
2, 025
1. 015
G. 033

4,190

11,677

9,628
6,567

3,061

7,026

6,163
863

31,625 ! 34, 253
10,536 j 12, 556

7,577
5,350
2,227

19,954
4,186

MISCELLANEOUS PRODUCTS
Burlaps and fibers, imports:
Burlaps
thous. of Ibs..
Fibers
long tons..
Buttons and shells:
ButtonsImports, total
thous. of gross..
From Philippines
thous. of gross..
Fresh water pearl—
Production
per ct. of capacity..
Stocks, end of month.thous. of gross
Shell, imports, total
thous. of Ibs..
Mother of pearl
thous. of Ibs..
Tagua nuts, imports
thous. oflbs..
Elastic webbing, shipments...thous. of dolls..
Fur, sales by dealers
thous. of dolls...
Pyroxylin-coated textiles (artificial leather):
'Orders, unfilled, end of month
thous. of linear yds..
Pyroxylin spread
thous. of Ibs..
Shipments, billed
thous. of linear yds..

292
243
1, 236
561

5,324

2

45.0
8, 689
866
399
I, 528
' 969
5, 465

72
62 I

42.9 !

8,583 I

534 j
451 '
2,014 !
1,031

6.609

62
50

46.9

8,640

924
445
2, 025
969
3, 760

76

52

87
73

87 !
73 |

42.3

43.0
8, 794
485
416
2,044
654
1, 644

32.4
8,518
1, 733
600
2,117
807
1,638

44.0 i
8,812 |
660 1
606 !!
843 !
827
2,184 :

8,629
1,061
563
1, 500
715
2.651

2,175 ';
2, 121
1,956

40.7 I

35.7
8, 463
2,009
299
882
647
1, 947

8,664

565 !
506 |
911
782

3,260

2,660
2, 549
2.271 !

TRANSPORTATION EQUIPMENT
AIRPLANES
Production, total
__ _ _ _
Commercial (licensed)
Military (deliveries)
_
For export

number
number. _
number
number..

360
291
58
11

360
262
77
21

274
215
44
15

238
164
56
18

168
100

1,512
1,083

1,021
789

934
644

12, 966
8,468
4,498

10, 183

9,996
8,478

11

197
100
87
10

121
60
54

147
61
75
11

120
35
77
8

126
38
81
6

131
61
61
9

740
542

690
557

630
476

398
275

244
147

548
225

683
233

567
237

8,055
5,699
2,356

8,748
4,577

7,707
3,207

3,112
1,928
1 184

9,086
5,753

6,989
4,474

3 333

2 515

7,043
4,930

68, 285
38. 610
27, 581

50, 432

44, 629

48, 853

43, 943

35, 841

60, 692
33, 196
25, 882
1,614
25 770

48, 569

34, 126

79, 598
46, 866
30, 486

21, 891
1,283
15 720

21, 860
1,267
29 257

72
29, 895

81
26, 334

28,720

80
24, 729

58
20, 624

4, 544
12, 738
6, 835
4,220
5,583
10, 621
3, 426
3,151
317 163 250 640 218 490 187, 197
271, 135 210, 036 183, 993 155, 321
104
340
360
180
45, 688 40, 244 34,317 31,772
924
1,508
1,085
813
247, 727 201,911 194, 322 155, 744

2, 108
140 566
109, 087
141
31, 338
505
124, 903

2,646

1 440
761
80 142
57, 764
651
21, 727
282
102, 659

51,740

49, 042
25, 975

AUTOMOBILES

Exports:
Canada —
Automobiles, assembled... no. of cars..
333
Passenger cars
no. of cars..
261
United States—
Autos and parts, value. (See Foreign
Trade.)
Automobiles, assembled, total_.no. of cars.. 5,109
Passenger cars
._
no. of cars.. 3,604
Trucks _
no. of cars
1 505
Financing:
Retail purchasers, total
thous. of dolls.. 58, 380
New cars
thous. of dolls.. 33, 522
Used cars
..thous. of dolls.. 23, 271
Unclassified
thous. of dolls..
1,587
Wholesale dealers.
thous. of dolls
38, 560
Fire extinguishing equipment:
Shipments —
Motor vehicle apparatus
number. .
38
Hand types
number.. 15, 378
Production:
Automobiles8,221
Canada, total
..
. no. of cars
Passenger cars
no. of cars
7,269
185 149
United States total
no of cars
Passenger cars
no. of cars,. 157, 683
Taxicabs
no. of cars .
73
Trucks
no. of cars.. 27, 393
Automobile rims
thous. rims..
658
Registrations, new passenger-cars*. .. number... 131,000
Sales (General Motors Corp.):
To consumers
_
no. of cars.. 63, 500
To dealers, total
no. of cars.. 66, ISO
II. S. dealers
no. of cars. . 60, 270
Shipments, accessories and parts:
Accessories, original equipment
Jan l9J5^10n
Afpp-^oKes i.) whoU'-aleis
Tar,. ] f < 25=100_
Rer>l' Ct inert1 1pir*^
TIP l t i r > ~>~ H>o
Service C'lui! ' !' P t _ _ . ..
Jan. 1925=- 100..
* niissmc




5,843
4,340

109, 372 104, 642
68, 564 63, 555
37, 782 37, 988
3,099
3,026
72, 623 58, 172
75
31,117

122, 717
153,730
136, 778
12y

;•.;

,~-'

b'nc

90
29, 696

103, 303

111,668

3,518

95,911
59,300
2,484

85, 054
87. 449

100, 270

61

1 ••><?
102

i -74
85

2,246

69, 876
70. 078
62, GG7

66
i°7

4,171

2,095
64

53, 122
47, 895
54
66
1''8
t'7

4 500

21,305

80

61''

»8,727

321
199

« 6, 078

4,449

2 113

5,541
j 3 186

19, 974
1,179
34 842

44, 829
23, 623
19, 942
1,264
33 276

51, 148
26, 888
22, 780
1,481
34 121

» 56, 416
» 31. 836
« 23, 066
1,514
j 33 904

76
19, 437

39
19, 955

27
18, 787

41
17, 665

29
18, 661

1 247
812
68 867
48, 185
999
19, 683
638
75, 829

2 432
2 024
121 541
96, 753
1 144
23, 644
714
77, 564

3 731
3 112
119 344
98, 706
97
20, 541
811
85, 684

54 77
4 494
117 418
94, 085
25
23, 308
726
81, 853

34, 673
29, 359
23, 716

53, 588
79, 529
68, 650

47, 942
74, 710
65, 382

46, 855
62, 850
52, 539

48, 717
59, 696
48, 383

48
73
0°
60

59
66
04
40

63
57
%
56

61
53

58
52
10"7
62

25,395

1

27,306

* Kavbe

23,476

c-i

8

1 629

6 810
8 318
Q 604
5 660
118 959 2 14S 326
99, 325 2 120, 906
74
31
19, 560 » 27, 389
652
648
119, 540
91, 297

81,573
7S. 359
69, 029

f}p.
4"

SURVEY OF CURRENT BUSINESS

July, 1932

I 1933
Earlier data, together with explanatory j
footnotes, may be found in the 1932 \
Annual Supplement to the Survey
I May

I
1
I
i May

55
1933

1931
June

| July

j August I

Se

m

"arch | April

^ "| October

TRANSPORTATION EQUIPMENT—Continued
RAILWAY EQUIPMENT
Equipment condition:
Freight cars owned —
Capacity
_
._
mill. Ibs
203, 657 209, 645
Number total.
thous. of ears..
2,166
2, 244
Bad order, total
number of cars.. 230, 820 170, 165
Per cent of total in bad order. .. _
10.8
7.7
Locomotives, railway—
Owned —
2,471
Tractive power
mills Ibs
2 518
Number, total
number
53, 696
55 278
Awaiting classified repairs
number. 8,142
5,910
Per cent of total
15.5
10 8
94
Installed
number..
55
174
Retirednumber. .
182
Passenger cars—
On railroads (end of quarter) . number
Equipment manufacturing:
Freight cars26
Orders, new, placed by railroads
cars..
46
Orders unfilled, total
cars
2,429
6 585
0
Equipment manufacturers
__ __ cars
1,599
Railroad shopscars_.
2,429
4,986
Shipments, total
._
cars
153
648
153
Domestic
cars..
646
Locomotives, industrial electric (quarterly) —
Shipments, total
number.
Mining use
number
Locomotives, railwayOrders, new, placed by railroads. number. 0
151
Orders, unfilled, end of month —
Equipment manufacturers (Census}
147
total
number
84
141
Domestic, total
number. .
65
128
Electric
number
18
13
Steam
_
cumber
47
6
Railroad shops (A. R. A.)
number __
20
Shipments —
13
Domestic, total ...
number.
26
0
o
Elf."tric
number
13
Steam
. _. ..
.. number .
26
5
Exports, total
number. _
3
5
Electric
_.
number
0
0
Steam
.._ number 3
Passenger car? —
Orders, new, placed by railroads. number. .
0
o
Orders 'infilled (OT''1 of quarter) number
3R
0
S?Mpmo > 'nts total
number
0
Domestic
number

208 579
2,229
172, 776
7.9

208 207
2,224
181, 702
8.3

207 947
2,220
187, 585
86

207 63S
2, 216
194, 127
8 9

2 513
55 098
5,938
10 9
114
291

2 513
55 056
5.913
10 9
66
108

2 514
55 029
6,173
11 4
95
122

2 512
54 967
6,310
11 7
51
113

51 136
972
7 179
2 070
5,109
615
555

207 290 206 842
2,205
2, 21 1
194, 948 196, 324
90
9 0
2 509
54 861
6,836
12 7
53
81

2 509
54 889
6,485
12 0
61
139

50 060
443
6 466
1 336
5, 130
341
341

534
5 746
' 866
4. 880
524
499

86
82

3
5 100
534
4, 566
780
776

205 913 205 745
2,193
2,191
187,666 195, 462
8 7
9 0
2 496
54 462
6,990
13 0
68
46

2 489
54,228
7,331
13 7
51
285

205 509
2,188
206, 461
9 6

205 287
2,186
209, 271
9.7

204 297
2 174
218, 303
10 1

2 487
2 481
54, 166 2 54, 002
7,814
7,642
1 45
14 7
33
40
.
199
102

2 475
53, 815
7,851
15 0
42
229

50 327

>50 437
798
4 610
314
4,296
404
404

28
4 252
220
4, 032
150
150

11
5 042
1 340
3,702
546
542

159
3 650
259
3, 391
320
262

10
3 214
150
3,064
10
10

24
24

40
37

105
2,974
150
2,824
3
3

0
2 712
250
2,562
4
4

18
18

2

3

6

1

0

20

11

0

0

0

0

142
123
93
30
16

132
113

115
106
88
18
13

158
149
135
14
12

147
139
132
7
4

165
153
132
21
10

177
162
130
32
9

178
163
130
33
8

173
162
130
32
6

170
162
130
32
6

162
154
128
26
6

23
4
1«
2
i
1

15

3
4
.11
0
11

11
3
8
4
3
1

7
1
6
0
0
0

2
2
0
0
(}
0

0

o
o
0
o

0
0
0
3
0
3

8
2
6
0
0
0

0

0

0

13
13

"

8

0
43
]
1

0
0

<>4

Q3

20
14
4

0

1
0
1
4
0
4

o

0

o

30

o

?\
()

(1

0

8

0
lf>
0
0

0

0

2

0

3
1
9

o

0
0

n

o

o

0

ELECTRIC TRUCKS AND TRACTORS
Shipments, industrial, total
Domestic
Exports

number..
number
number

19
19
0

69
69
0

75
50
25

78
63
15

50
37
13

43
39
4

17
16
1

'21
19
2

22
21
1

29
29

26
26

o

20
20
0

17
17
0

26, 260
22, 586

370
34, 527
28, 613

359
22, 647
16, 964

326
30, 471
25, 363

299
11, 554
7,150

294
27, 906
25, 002

288
4,261
1, 201

279
23, 229
19, 402

049
23, 055
19, 549

252
2,913
1,594

229
3,703
2,610

174
41,991
33, 509

173
17, 532
13, 848

o

SHIPBUILDING
United States:
Merchant vessels u n d e r c o n s t r u c t i o n
thous TOSS tons
Completed during month.. total gross tons..
Steel
total gross tons__
World (quarterly):
Launched—
Number
ships
Tonnage
thous. gross tons..
Under construction —
Number
..ships _
Tonnage
thous. gross tons..

176
472

109
387

372
1,826

290
1,531

I

"

90
302

63
125

281
1,404

268
1, 298

CANADIAN STATISTICS
Business indexes:
Bank debits
.
1919-1924=100
Carloadings
1919-1924=100 .
Employment in trade
1919-1924=100
Exports (volume)
1919-1924 = 100
Imports (volume)
.1919-1924=100 _
Industrial production, total.. 1919-1924= 100..
Construction
1919-1924—100
Forestry
1919-1924=100
Manufacturing
1919-1924 — 100
Mining
1919-1924=100..
Shares traded
1919-1924=100
Commodity prices:
Cost of living index
1926—100
Wholesale price index
1926=100__
Employment, total (first of month). 1926= 100Construction and maintenance
1926 = 100..
Manufacturing
1926—100
Mining
1926 = 100_.
Service
.
1926=100..
Trade
. .
_
1926 = 100
Transportation
1926 = 100- ..
J

Revised




81 8
67.7
87.5
83.2
85 8
97.9
114. 7
HO. 2
84.3

145.0
103.5
136. 7
124 5
143.5
158.2
120 1
165 8
163 6
149.7
336.1

131. 0
101.9
137. 0
102. 5
99.8
133.9
99 0
160 5
135 7
112.0
208. 5

119 1
96.3
133.0
81 9
104.0
138. 5
136 0
152 1
137 2
126. 5
97.0

119 5
92.3
132.7
89 6
92.6
132.3
119 5
135 0
136 3
112.3
66. 9

129 0
82.2
131.2
98 6
96.0
137.3
182 2
148 5
130 6
124. 2
172.9

103 6
82.2
131. 5
84 0
93.0
130.5
153 5
147 0
121 9
139. 5
121.6

114 2
81.0
128 4
75 2
92.2
125.0
158 0
140 9
117 7
115.3
170 5

111 1

105 6
81.6
128.9
88 0
82.8
125.6
159 2
136* 5
117 2
131.6
49 7

116 4
89.4
127.1
89 7
87.0
128.7
153 5
134 2
119 4
160.4
53.8

109.6
84.7
127.3
74.2
100.4
122.4
92 5
128 6
123 3
136.1
71.2

109. 8
91.2
128- 3
85 6
75.9
116. 6
4? 3
134 8
1 J8 0
153. 0
74.0

90 2
73". 0
102.2
106. 6
100 7
106. 0
123. 1
123. 3
96. 6

88 7
72.2
103. 6
121. 8
99.4
105. 3
125. 9
124. 0
98. P

88 6
71.7
103.8
137.1
97 2
104. 1
130.8
1 24. 0
97. 7

88 9
70.9
105. 2
162. 8
94 7
104. 5
133. 0
120 9
97. S

87 8
70. 0
107. 1
176. 8

86 4
70.4
103. 9
164. 5
91 8
10S. 2
125. 5
120 8

86 4
70. 6
103. 0
165.4
88 8
107. 9
117. 5

85 9
70.3
99. 1
128.8
80 6
107.5
116.r 1

85 4
69.4
91.6
104.8
83 9
105.1
114. 4
125. 7
85.6

84 5
69.2
89. 7
90.4
85 9
102.4
112. 1
117 2
83. 4

2 gg 9
69.1
88.7
83.3
87 0
101.1
114.7
113 f.
81. 9

2 R3 7
68. 4
87. 5
79. 9
87 3
101. 0
113.0
114 3
81. 9

105. 6
134. 8
120 5
97. 8

or.. 2

129. 8

o;>. 4

83.4
129 0
73 0
87.8
119.0
80 7
136 8
118 5
132. 1
49 4

]2 i f>

93: 5

56
Earlier data, together with explanatory
footnotes, may be found in the 1932
Annual Supplement to the Survey

SURVEY OF CURRENT BUSINESS
1932

July, 1932

1931

May

June

May

i

1932

August SeptemOctober
ber

July

No

™rm-

Decem- January
ber

Fe
a*™-

March | April

CANADIAN STATISTICS—Continued
Finance:
BankingBank debits
mills, of dollsExchange. (See Finance.)
Interest rates
1926 = 100
Commercial failures
number..
Life insurance, sales of ordinary life (15 cos.)
thous. of dolls..
Security issues and pricesNew bond issues, total. _thous. of dolls..
Corporation
thous. of dolls..
Domininion and provincial
thous. of dolls..
Municipal
.. thous. of dolls
Railways
thous. of dolls..
Bond yields
- per cent
Common stock prices, total... 1926= 100. .
Banks
1926=100
Industrials
_. _
1926=100 _
Utilities
1926 = 100
Foreign trade:
Exports
thous. of dolls..
Imports
thous. of dolls
Exports, volumeAutomobiles. (See Transportation Equip.)
Newsprint. (See Paper and Paper Products.)
Wheat
- thous. of bush .
Wheat
flour
thous. of bbls
Trade with U. S. (See Foreign Trade.)
Hailway Statistics:
Carloadings
thous. of cars..
Financial resultsOperating revenues
thous. of dolls
Operating expenses
thous. of dolls
Operating income
thous. of dolls..
Operating resultsFreight carried 1 mile
.mills, of tons..
Passengers carried 1 mile
mills, of passengers
Commodity statistics:
ProductionAutomobiles. (See Transportation Equip.)
Electrical energy, central stations
__
mills, of kw.-hours..
Pig iron
thous. of long tons
Steel ingots and castings
_ _ _ thous. of long tons..
Livestock, inspected slaughterCattle and calves
thous. of animals..
Swine
thous. of animals. _
Sheep and lambs
thous. of animals..
Newsprint. (See Paper and Paper Products.)
Silver. (See Finance.)
Wheat, visible supply. (See Foodstuffs.)
Wheat
flour
thous. of bbls..




2,175

3,172

2,694

2,400

2,244

2,451

2,587

2,842

2,638

2,071

1,990

2,024

2,074

113 2

91 9

91 9

92 9

91 9

97 1

164

230

103 3

105 4

108 6

119 8
293

115 9
200

110 6
9Q8

111 3
228

195

196

174

223

275

256

263

41,314

46, 227

39, 977

35, 738

30,066

36,006

38, 860

47, 163

37, 331

38, 145

37, 467

33, 629

24, 520 2670,132
9,660
0

52, 240
5,085

7,133
683

1,923
400

51, 073
240

436
150

215, 033
0

200
200

47, 647
0

21,085
6,000

34, 978
0

14, 231
1,660

17, 750 2 653, 433
6 770
7 039

0

33, 650
13 505

5,000
1 450

0
1 523

0
286

215, 000
33

45.8
65 7
51 4
36 9

4 40
81.4
101 3
89 0
85 2

4 40
80.1
97 1
91 1
80 4

4 45
83.7
100 3
94 6
81 7

4 40
81.3
97 3
94.4
76 6

0
833
50, 000
4 65
68.6
94 3
79 3
65 4

0

0

41, 402
44 361

60, 845
73 457

55, 320
52 508

50, 671
48 379

49, 894
47 308

15 543

29 522

20 783

12 005

11 909

30, 998

481

46°

0

490

o

467

0

522

o

4 95
64.6
92 9
74 3
60 1

o

5 05
71.9
92 9
86 6
63 5

0
5 20
64.8
92 9
74 3
59 3

30, 212
17 435
0
5 74
64.8
90 3
73 7
59 1

10, 000
5 085
0
5 55
63.5
86 1
71. 1
59 1

4,000
18 478
12 500
5 30
64.1
86 0
71 5
59 8

2,750
9 821
0
5 33
54.0
85 8
58 2
48 9

49, 909
45 379

56, 534
45 933

58, 430
46 911

54, 218
40 290

39,063
34 115

37, 019
35 586

41,019
57 448

27, 455
99 794

14, 336

18 925

27 452

22 356
451

9,472
332

9 898
358

9 921
415

7 513
255
180

557

o

476

558

216

222

207

205

227

265

231

185

166

174

183

30 934
28 768
1, 185

30 480
28 582
1,053

29 352
27 304
1 186

28 265
26, 393

921

30 158
25, 122
4,149

32 611
25 248
6 377

31 688
24 012
6,659

27 732
23, 769
3,380

22 120
21, 781
d. 486

22 294
22, 196
d 821

95 027
29 550
1 612

2 178

2 207

1 770

1,636

2,057

2 927

2,805

1,878

1,605

1, 659

1 814

134

160

186

190

152

113

92

140

113

107

125

1,366
51

1,290
56

1,251
40

1,256
23

1,288
18

1,428
12

1,415
14

1,432
14

2 1, 418
10

2 1, 329
11

2 1, 393
18

29

75

56

45

52

33

31

28

21

25

28

44

36

95
255

103
158
23

92
164
56

77
148
71

78
162
81

80
204
117

80
247
193

75
259
98

66
247
55

65
264
48

62
240
35

88
233
37

90
229
30

1,183

1,121

1,319

1,333

1, 516

1,694

1,812

1,175

851

842

1,054

993

13

23

d., deficit.

2

Revised.

1,334
17

INDEX TO MONTHLY BUSINESS STATISTICS
Page
Abrasive paper and cloth. „
51
Acceptances, bankers'
30
Accessories, automobile
_.
54
Advertising, magazine, newspaper, radio
25,26
Africa, United States trade with
34
Agencies, employment; applicants, placements
27,28
Agricultural wages, loans
.
29,30
Air conditioning equipment
.
48
Air mail
26
Airplanes
,
54
Alcohol, denatured, ethyl, rnethanol
23,35
Aluminum
43
Animal fats, glues, greases
36,37
Anthracite industry...
22,29,42
Apparel, wearing
29,52
Argentina, United States trade with; exchange; flaxseed stocks
31,34,37
Asia, United States trade with
34
Asphalt
43
Automobiles
22, 27, 23, 29, 54
Babbitt metal
48
Bank suspensions .
30
Barley..-.
39
Bathroom fixtures
46,47
Beef and veal
,
40
Bituminous coal
22,28,29,42
Binder's board
,
51
Boiler and boiler
fittings
46
Bonds, prices, sales, value, yields
~ 32,33
Book publication
.—
51
Boxes, paper, shipping
51
Brass...
49
Brazil, coffee; exchange; United States
trade with
,
31,34,41
Brick
52
Brokers' loans
30
Bronze
49
Building contracts awarded
24
Building costs
.
25
Building materials-t 24,25,44,45,47,52
Business activity index (Annalist)
22
Business failures
«.
30.31
Butter
.
39
Canadian statistics
55, 56
Candy
_
41
Canal traffic
-35
Capital issues
32
Carloadings—_
22,35
Cattle and calves
40,43
Cement
22,27,29,52
Chain store sales
26,27
Cheese
._
—
—
39
Chile, exchange; United States trade with... 31,34
Cigars and cigarettes
42
Clay products
23, 24, 27,29, 52
Clothing
24,27,28,29,52
Coal
_
22,28,29,42
Cocoa
41
Coffee
—23,41
Coke
Collections, electrical trade
-26
Commercial paper..
30
Communications
35
Construction:
Contracts awarded, indexes and value
24
Costs
25
Highways
.
25
Material costs
25
Volume
25
Copper
22,23,49
Copper wire cloth
49
Copra and coconut oil
37
Corn
39
Cost of living index
23
Cotton, raw and manufactures
23,53
Cottonseed, cake and meal, oil
37
Crops
23,37,39,40,53
Dairy products
..
23,39
Debits, bank___
30
Debt, United States Government
32
Department store sales and stocks
_~27
Deposits, bank
„
30
Disputes, labor
28
Dividend payments
33
Douglas
fir
44
Earnings, factory
29
Eggs....
23,41
Electric power, production, sales, revenues... 22,38
Electrical energy, consumption index
22, 23
Electrical equipment
,
49
Electric railways
34
Employment:
Cities and States
28
Factory, Federal Reserve Board indexes.. 27,28
Nonmanufacturing..,
28
Miscellaneous data
„
28
Emigration
35
Enameled ware
46,47
Engineering construction
.
24
England, exchange; United States trade with. 31,34
Exchange rates, foreign
31
Expenditures, United States Government
32
Explosives
36




Page

Exports
34
Factory employment, pay rolls, operations 27 28,29
Factory operations, proportion of full time
worked
28
Failures, bank; commercial
, .
30,31
Fares, street railways...
34
Farm employees
28
Farm prices, index
24
Federal Government, finances
32
Federal-aid highways
25
Federal reserve banks, condition of
30
Federal reserve member banks
30
Fertilizers
36
Fire-extinguishing equipment
54
Fire losses _
25
Fish and fish oils
23, 37,41
Flaxseed
37
Flooring, oak, maple, beech, and birch
,__
44
Fl our, wheat _
40
Food products
22,23 27,39
Footwear
44,52
Foreign trade,, indexes, values
.
34
Foundry equipment
48
France, exchange; United States trade with
31,34
Freight cars (equipment)
27,55
Freight csrloadings, cars, indexes
35
Freight-car surplus
35
Fruits
23,39
Fuel equipment
.
48
Fuels
42,43
Furniture
,
45,47
Gas, customers, sales, revenues
38
Gas and fuel oils
42
G asoline
43
General Motors sales
,
54
Glass and glassware
22, 27,52
Gloves and mittens
43
Gold.__
.
31
Goods in warehouses
26
Grains
23, 39,40
Hardware, sales
.
45
Hardwoods
44
Heels, rubber
52
Hides and skins
43
Hogs..
„
40 41,43
Hosiery
_
52
Hotels
_
_
_. 28 29,35
Housing
23,25
Illinois, employees, factory earnings
28,29
Imports
34
Income-tax receipts
32
Incorporations, business
26
Industrial production, indexes
22
Installment sales, New England
„__
27
Insurance, life
31
Interest payments
33
Interest rates
30
Investments, Federal reserve member banks.
30
Iron, ore; crude; manufactures
22,45
Italy, exchange; United States trade with
31,34
Japan, exchange; United States trade with.. 31,34
Kerosene..
43
Labor, turnover, disputes, applicants, placements
28
Lamb and mutton
41,43
Lard
41
Lead___
49
Leather....
22,24,27,28,43
Leather, artificial
54
Liberty bonds
33
Life insurance
31
Linseed oil, cake, and meal .
37
Livestock
23,40,41,43
Loans, agricultural, brokers', time
30
Locomotives
_
55
Looms, woolen, activity
54
Lubricating oil
43
Lumber
22,23,27,44,45
Lumber yards, sales, stocks
44
Machine activity, cotton, silk, wool
53, 54
Machinery.
27,29,34,48,49
Machine tools, orders, shipments
48
Magazine advertising
25, 26
Manufacturing
.
22
Marketings, agricultural, forest products
23
Maryland, employment
28
Massachusetts, employment
28
Meats
_
40,41
Metals
__. 22,23,27,45
Methanol
.
36
Mexico, petroleum production and exports.42
Silver production
32
United States trade with
34
Milk
„
_-__
39
Minerals
22,42,45,49,53
Money in circulation
31
Naval stores
23,36
Netherlands, exchange
31
New Jersey, employment, pay rolls
28,29
Newsprint
50
New York, employment, pay rolls, canal
traffic
28,29,35
New York Stock Exchange
30,32,33
Notes in circulation
.
30

Page
Oats
39
Oceania, United States trade with
34
Ohio employment
28
Ohio River traffic
.
35
Oils and fats
36,37
Oleomargarine
.
37
Orders, indexes, new and unfilled
23
Paints
38
Passengers, street railways; Pullman
34,35
Passports issued
35
Paper and pulp
22,23,27,50,51
Pay rolls:
Factory, Federal Reserve Board
29
Factory, by States
29
Nonmanufacturing industries
. 29
Pennsylvania, employment
28
Petroleum and products
22,27,42,43
Pig iron
22,45
Pork
41
Postal business
26
Postal savings
„
30
Poultry
23,41
Prices:
Cost of living, indexes.,
23
Farm, indexes
24
Retail, indexes
24
Wholesale, indexes
,
...
24
Printing
,
51
Production, industrial
22
Profits, corporation
32
Public
finance
32
Public utilities
28,34,35,38
Pullman Co
35
Pumps
48
Radio, advertising
25
Railroads; operations; equipment; financial
statistics
35, 55
Railways, street
34
Rayon
53
Real-estate-market activity
25
Registrations, automobiles
54
Rents, index
23
Retail trade:
Chain stores—
5 and 10
_
26
Grocery
26
Restaurant
27
Department stores
27
Mail order
. 27
Roofing
38
Rice
39
Rubber, crude; scrap; clothing; footwear;
tires....
22,23,27,51,52
Rye.
40
Sanitary ware
46
Savings deposits
30
Sheep and lambs
41
Shoes
22,27,28,29,44
Shipbuilding
22, 27, 55
Silk
23,53
Silver
22,32
Skins
_
43
Softwoods
44
Spain, exchange
31
Spindle activity, cotton
53
Steel, crude; manufactures
22,47
Stockholders
___
33
Stock indexes, domestic and world
23
Stocks, department stores
27
Stocks, issues, prices, sales, yields
32,33
Stone, clay, and glass products
22,23,28,52
Sugar
23,41
Sulphur
36
Sulphuric acid
36
Superphosphate
36
Tea
23,41
Telephones and telegraphs
35
Terra cotta
52
Textiles, miscellaneous products
54
Timber
__
44
Tin..
23,49
Tires
22,27,51
Tobacco
_
_ 27,42
Tools, machine
48
Trade-unions, employment
28
Travel
35
Trucks and tractors, industrial electric
55
United Kingdom, exchange; United States
trade with
31,34
Uruguay, exchange
31
United States Steel Corporation. ._
__ 29,33
Utilities
28,29,32,34,35,38,55
Vegetable oils
37
Vegetables
23,39
Wages
.
25,29
Warehouses, space occupied
26
Waterway traffic
_
35
Wheat and
flour
23,40
Wholesale prices
24
Wisconsin^ employment; payrolls
28,29
Wood pulp
50
Wool
22,23,54
Zinc
_
22,49

To determine whether an applicable specification exists for any
commodity—consult—

National Directory of
Commodity Specifications, 1932
which gives the standards and specifications of trade associations, technical societies,
and other organizations nationally representative of some branch of American industry,
as well as those of governmental agencies that represent the Federal Government.
Uses the decimal system. Cross-references related specifications. Defines uses
of commodities, if known, when not self-evident from the title.
Contains
comprehensive index.
The direct purpose of any wise cooperative effort in the adoption of specifications is to
secure constructive application of scientific knowledge to service requirements; to coordinate similar demands and eliminate unessential differences; to balance increases
in cost against probable service improvements, taking full advantage of existing commercial varieties; and to formulate adequate test or inspection methods—all this resulting in the development of greatly improved products, vital support to the national
movement toward simplification of lines, processes, and business practices, and marked
lowering of costs and prices.—Herbert Hoover.

Price $1.75

Compiled by Bureau of Standards
iVSiseelianeous Publication No. 138

Cloth bound
554 pages




For sale by the Superintendent of Documents, United States
Government Printing Office, Washington, D. C.