Full text of Survey of Current Business : July 1934
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JULY 1934
SURVEY
OF
CURRENT BUSINESS
UNITED STATES
DEPARTMENT OF COMMERCE
BUREAU OF FOREIGN AND DOMESTIC COMMERCE
WASHINGTON
VOLUME
14
NUMBER 7
SUMMARY OF CHANGES IN STATISTICAL SERIES SINCE PUBLICATION OF THE 1932
ANNUAL SUPPLEMENT
For convenience there is listed below a tabulation of the changes which have been made in the past 2 years. If back data
have been presented for the new series, a reference to the monthly issues in which such statistics appeared may be found in the
footnotes which are included on pages 22 to 56, inclusive.
NEW SERIES ADDED
JUNE 1934
DECEMBER 1932
Agricultural loans outstanding (six series).
Agricultural products, cash income received from
marketings of.
Beverages:
Fermented malt liquors:
Production, consumption, and stocks.
Distilled spirits:
Production, consumption, and stocks in bonded
warehouses.
Cotton cloth (bleached, dyed, and printed), production and stocks.
Factory employment (Bureau of Labor Statistics).
Factory pay rolls (Bureau of Labor Statistics).
Imports for consumption.
Index of new-passenger-car sales.
Indexes of variety-store sales (new index).
Milk, receipts, Greater New York.
Registrations, commercial truck.
Silk machinery activity (Silk Code Authority).
Sugar, refined, imports and receipts from Hawaii
and Puerto Rico.
Vacuum cleaners (hand type), shipments.
Auto accessories and parts, composite index of shipments.
Canadian statistics, electric-power production index.
Chain-store sales index (Chain Store Age).
Civil service employment, United States.
Convection type radiators, new orders.
Department-store sales, Philadelphia.
Factory employment, Baltimore, Milwaukee, Maryland, and Massachusetts.
Factory pay rolls, Baltimore, Milwaukee, Philadelphia, Maryland, and Massachusetts.
Fairchild retail price index.
Gas oil and distillates, production and stocks.
Gypsum, imports, production and shipments.
Hourly earnings, factory (National Industrial
Conference Board).
Illuminating glassware, new orders, production,
shipments and stocks.
Mechanical stokers, new orders.
Net gold imports, including gold released from ear$• mark.
Pyroxylin rods, sheets and tubes, production and
shipments.
Plumbers' brass, shipments.
Plumbing fixtures, wholesale price.
Residual fuel oil, production and stocks.
Rubber heels and soles, total shipments.
Tin consumption in the manufacture of tin and
terneplate.
Tin and terneplate production.
Trade union members employed, by groups.
Weekly earnings, factory, Massachusetts.
World prices, foodstuffs and raw materials.
JUNE 1933
Airplane travel, passengers carried, passenger miles
flown.
Bond prices, United States Government (Standard
Statistics).
Building costs, all types (American Appraisal
Co.).
Employment, miscellaneous—Federal and State
highways, construction and maintenance.
Face brick, machine production.
Factory employment, Chicago.
Factory pay rolls, New York and Chicago,
Farm products, price indexes of dairy and poultry
products.
Household furniture, plant operations, all districts.
Lard compound, wholesale price, tierces, Chicago.
Lard, refined, wholesale price, tierces, Chicago.
Leather production (Tanners' Council).
Nonmanufacturing employment—banks, brokerage
houses, etc.; dyeing and cleaning; and laundries.
Nonmanufacturing pay rolls—banks, brokerage
houses, etc.; dyeing and cleaning; and laundries.
Rope paper sacks, shipments.
DECEMBER 1933
Cellulose plastic products, production and shipments of nitrocellulose and cellulose acetate
sheets, rods, and tubes.
Construction wage rates (E.N.R.).
Highway construction under the National Industrial Recovery Act.
Home Loan Bank, loans outstanding.
H. L. Green Co., Inc., stores and sales.
Paper board, production and shipments.
Pittsburgh employment index.
Pittsburgh pay-roll index.
Purchasing power of the dollar.
Reconstruction Finance Corporation, loans outstanding.
United States Steel Corporation, shipments of
finished products.
JULY 1934
Hosiery (Hosiery Code Authority).
Restaurant, total sales and stores (three chains).
Silk spindles (machine activity), Code Administra^ tion Committee for the Throwing Industry.
SERIES
DROPPED
DECEMBER 1932
Applicants at employment agencies, Western States.
Binders' board, production.
Construction volume (A.G.C.)
Copper:
Production, all series.
Shipments, domestic, refined.
Stocks (North and South America), blister and
refined.
Enameled sanitary ware, baths, lavatories, sinks,
miscellaneous, all series.
Enameled sheet-metal ware, shipments.
Factory operations, proportion full time worked,
miscellaneous group.
Galvanized sheet-metal ware, all series.
Gas and fuel oil, production and stocks (combined
series).
Glass containers, unfilled orders.
Hides and skins, stocks, all series.
Illuminating glassware, orders, production, shipments, and stocks.
Industrial production indexes: Copper (mined),
1> metals, nonferrous.
Iron and steel, boilers (round and square) and
radiators, new orders.
Leather, sole and belting, production, stocks, all
series.
Leather, upper, production, stocks, all series.
Lumber, walnut, orders, production,, shipments, and
stocks.
Methanol, stocks:
/ At crude plants.
^ At refineries and in transit.
Milk, condensed and evaporated, total exports,
production, and stocks.
Newsprint, production, percent of capacity.
Paints, varnish and lacquer products, unclassified
sales, 315 establishments.
Pine, North Carolina, production arid shipments.
Pine-oil stocks.
Plumbing fixtures, wholesale price (six pieces).
Porcelain, nail knobs, tubes, shipments.
Stock indexes, world copper stocks.
Stokers, mechanical, large (see new series), new
. orders.
JUNE 1933
Bond prices, domestic, United States Liberty (New
York Trust Co.).
Brick, face, production (brick drawn from kilns).
Building costs, by types of construction (American
Appraisal Co.).
Cotton textiles, production, shipments, stocks, etc.
Farm products—price index of dairy and poultry
products (combined index).
Glass containers, net new orders.
Gold, held under earmark for foreign account.
Hours of work per week in factories, nominal or
full-time week (National Industrial Conference Board).
McLellan 5- and 10-cent stores (sales and stores).
Rope paper sacks, shipments.
Rubber, scrap, stocks at reclaimers.
Unemployment, applicants, at employment agencies.
Wool-machinery activity, sets of cards.
DECEMBER 1933
Animal glues, production and stocks.
Building cost index of electric light and power construction (Richey).
Building material costs, frame and brick house.
Castings, gray iron, orders, production, receipts, and
stocks.
Explosives, production, shipments and stocks.
Fabricated structural steel, orders and shipments
with percent of capacity.
Federal-aid highway, work approved for construction and balance of Federal-aid funds available
for new construction (new work now paid for by
funds appropriated under N.R.A.).
F. W. Grand, stores and sales (merged with H. L.
Green Co., Inc.).
Hoists, electric, orders and shipments.
Index, new orders.
Index, unfilled orders.
Illuminating glassware, percent of full operation of
orders, production, and shipments.
Isaac Silver & Bros., stores and sales (merged with
H. L. Green Co., Inc.).
Paper board, production and shipments.
Plumbers' woodwork, orders, shipments, and stocks.
Pyroxylin products, production and shipments of
sheets, rods, and tubes.
United States Steel Corporation, unfilled orders.
Yarn, carded sales, all series.
JUNE 1934
Bank suspensions.
Cotton cloth finishing.
Delinquent accounts, electrical trade.
Factory employment (adjusted and unadjusted)
Federal Reserve Board.
Factory operations, proportion of full time worked.
Factory pay-roll indexes (Federal Reserve Board).
Highway construction under the Federal Highway
Act.
Indexes of five-and-ten (variety) stores sales (old
index).
Marketings, forest products.
Milk, receipts, Greater New York.
Nonmanufacturing employment, canning and preserving.
Nonmanufacturing pay rolls, canning and preserving.
Paper, stocks, all grades, book paper, writing paper,
wrapping paper, and all other grades of paper.
Restaurant sales and stores operated:
,„ Childs Co.
J. R. Thompson Co.
Waldorf System, Inc.
Rope paper sacks.
Sugar, Cuban, raw, receipts at ports and exports.
Silk machinery activity (Silk Association of
^America).
Wood-pulp stocks.
JULY 1934
Hosiery, Census Bureau series.
Number 7
J U L Y 1934
V o l u m e 14
W E E K L Y DATA T H R O U G H J U N E 23, 1934
M O N T H L Y DATA T H R O U G H M A Y
SURVEY OF
CURRENT BUSINESS
P U B L I S H E D B\
U N I T E D STATES D E P A R T M E N T O F C O M M E R C E
BUREAU OF FOREIGN AND DOMESTIC COMMERCE
WASHINGTON
CONTENTS
SUMMARIES AND CHARTS
Business indicators
Business situation summarized
Comparison of principal data, 1930-34
Commodity prices
Domestic trade
Employment
Finance
Foreign trade
Real estate and construction
Transportation
Survey of individual industries:
Automobiles and rubber
Forest products
Iron and steel
Textiles
STATISTICAL DATA—Continued
p
2
3
4
5
6
7
8
9
10
11
12
13
14
15
STATISTICAL DATA
New series:
Factory employment indexes, adjusted for seasonal variations
(Federal Reserve Board)
16, 19
Combined indexes of factory employment and pay rolls, unadjusted (U.S. Department of Labor)
19
Cleveland employment
19
Index of orders for machine tools and forging machinery....
20
Revised series:
Net profits of corporations
19
Average weekly and hourly earnings and hours of work
(N.I.C.B.) 1933
20
Range boilers
20
Weekly business statistics
Monthly business statistics:
Business indexes
Commodity prices
Construction and real estate
Domestic trade
Employment conditions and wages
Finance
Foreign trade
Transportation and communications
Statistics on individual industries:
Chemicals and allied products
Electric power and gas
Foodstuffs and tobacco
Fuels and byproducts
Leather and products
Lumber and manufactures
Metal and manufactures:
Iron and steel
Machinery and apparatus
Nonferrous metals and products
Paper and printing
Rubber and products
Stone, clay, and glass products
Textile products
Transportation equipment
Canadian statistics
General index
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69507—34
1
Page
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49
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56
Inside back cover
SURVEY OF CURRENT BUSINESS
Julv 1934
Business Indicators
1 9 2 3 - 2 5 - 100
INDUSTRIAL PRODUCTION
INDUSTRIAL PRODUCTION
160
160
100
40
FACTORY EMPLOYMENT AND PAYROLLS
160
CONSTRUCTION CONTRACTS AWARDED
ZOO
UNADJUSTED
100
100
ADJUSTED*
in
IMM
TOTAL FREIGHT CAR LOADINGS
FREIGHT CAR LOADINGS L.C.L
160
100
I MM!
40
aoo
WHOLESALE
DEPARTMENT STORE SALES
PRiCES
160
100
100
200
40
VALUE OF EXPORTS
VALUE OF IMPORTS
200
100*
200
BANK DEBITS OUTSIDE NEW YORK CITY
* ADJUSTED FOR SEASONAL VARIATION
160
FEDERAL RESERVE MEMBER BANK LOANS"
-TOTAL
100
ALL
I IMlilM
40
1930
* REPORT/KG MEMBER BANKS
(COMMERCIAL)
1931 i I93Z
illLLJLL
1933
1934
D.D. 7665
SURVEY OF CURRENT BUSINESS
July 1934
Business Situation Summarized
USINESS activity during May was only modB
erately changed from the level reached in April.
Industrial production was slightly higher after adjustment for seasonal variations; freight-car loadings improved; retail-store sales in general showed a seasonal
increase; exports declined, while imports increased contrary to the usual seasonal trend; and the adjusted
index of construction contracts awarded dropped
sharply.
During June, productive activity tended to slacken,
but the trend of the weekly indicators is inconclusive
as to whether the decline has been in excess of the
usual seasonal change. Steel-mill activity did not
show the usual decrease until the final week of the
month, when the ingot rate fell precipitously; electricpower production was higher after adjustment;
cotton-mill activity was curtailed; automobile and
lumber production declined.
A major factor in the rise in manufacturing production in May was the increase in steel output. Increases were also reported for the food products,
cement, and electric power industries. Operations in
the textile industry declined, partly due to seasonal influences and to the general restriction of production in
the silk industry. The adjusted index of automobile
production fell off by about 8 percent. In the mineral
industries, production increased by approximately
the usual seasonal amount.
Factory employment and pay-roll data for May
reveal minor changes as compared with April. The
adjusted index of factory employment rose 0.2 of a
point above the April figure, with 9 of the 14 groups
showing increases. Factory pay rolls declined 0.3 percent. Increases in both employment and pay rolls predominated among the nonmanufacturing industries.
Distribution series for May do not indicate a pronounced trend for the month. The expansion in
freight-car loadings was well distributed over the
various groups, and the adjusted index recovered
about half of the loss of the preceding month. While
sales through some t}rpes of retail stores increased
more than seasonally, sales of automobiles declined.
As the volume of new construction contracts awarded changed only slightly in May and June, the adjusted
index dropped sharply. Privately financed contracts
increased 12 percent in May as compared with April,
but publicly financed construction fell off 5 percent.
As a result of the marked rise in the prices of farm
products and foods, the Bureau of Labor Statistics'
wholesale price index in the week of June 16 rose to
74.6, a new high for the year. Stock prices have
moved irregularly in recent weeks, with no marked
change in the " aver ages." The strength in listedbond quotations has had little influence on the capital
market; flotations of new issues remain in small volume. Member-bank loans and investments have
undergone only minor changes; the trend of loans to
customers continues downward. Excess reserves of
the member banks, after reaching $1,800,000,000 in
early June, declined in the week of the 20th.
Adjusted 2
! |
I
Year and month
i
1 1
i
g
!t
'
%
•8
1
« ;
1 ! §8
>t
I! i
?!
, I! li
si
o>+*
<~3
Is!
s
£
tt
.2^
68
3«
fc
Merchandise, I.C.I.
Total
*o
*••>*,
9
K>
3
%
ce
£
^
.
j
•c&
1
W3
z
??
I
"S
*•>
•O
3
G>
4*
3
3
<
es
fi
^
S
3&
G
p
"Srf
i
;j?
<
g
05
&4
1
N
B
97
72
57
37
55 , 103.2
34 ; 63.4
65
26
Monthly
average,
1926=100
73.2
64.4
67
64
49
59
73
77
75
121
67
68 !
70
32
36
43
38
40
42
42
48
32
40
48
50
48
46
40
42
!1 58.3
65.7
i 70.4
! 62.7
1 61.9
66.0
i 60.5
| 67.4
16
18
21
24
30
37
48
58
62.7
65.0
6& 9
69.5
70.8
71.2
71.1
70.8
57
59
73
73
77
69
71
77
44
47
50
50
45
42
42
44
42
47
i 66.9
i 59.7
i 71.4
' 72.4
71.5
49
44
33
32
26
72.2
73.6
73.7
73.3
73.7
40
30
47
38 i
28 :
43 I
27
17 1
37
65.9
60.8
Monthly average, 1923-25=100
1931: May _ - . _ _ _ | 89 ;
1932: May
61 !
1933:
May
79
June
91 i
July
96
August
. 90 i
September
85 i
October
78
November
72 !
December
C9 !
1934:
January.
77 1
February
83
March
87
April
88
May
90
M o n t h l y average, \
January through ;
May:
1932
1933
1934.
'
'
67 I
67 1
85 !
87
59
87
67
80.3
63.7
73.4
46.8
79
53
79
54
92
74
89
71
97
72
92
100
91
84
77
72
75
78
93
101
91
84
76
71
73
78
84
90
91
87
81
81
85
62.9
67.4
72.5
76.4
78.0
77.8
75.9
75.0
42.7
47.2
50.8
56.8
59.1
59.4
55.5
54.5
56
60
66
65
68
66
61
55
56
60
65
61
60
58
60
62
68
67
70
69
70
70
68
63
66
67
70
69
68
66
67
67
78
81
85
81
87
77
80
82
86
86
88
91
100
90
89
75.1
78.4
81.0
82,2
82.4
54.0
60.6
64.8
67.3 I
67.1
58
61
63
60
U
64
64
66
62
64
65
65
67
67
68
70
67 i
66
65
66
67. 7
61.0
79.8
51.5
39.7
62.8
57
51
61
90
60
84
65
87
80
93
97
89
84
70
67
76
82
89
94
93
88
84
80
76
82
86
86
90
85
88
91
90
87
66
66
85
88
1
60
;
78 :
Adjusted for number of working days.
75
65
66
2
Wholesale price index, 784
commodities
.
Unadjusted i
Department! Foreign
i
store sales, trade, value,
adjusted 2
value
Freight-car loadings
Bank debits outside New
York City
Factory em- 1
ployment *
and pay rolls
Industrial production
Construction contracts, 2all
types, value, adjusted
MONTHLY BUSINESS INDEXES
69
57
68 i
3
70
65
69 !
77
Adjusted for seasonal variation.
70.3
K^ Q
68.' 4
73. a
SURVEY OF CURRENT BUSINESS
July 1934
Comparison of Principal Data, 1930-34
FIRST S MONTHS
X///////A
REMAINDER OF YEAR
BANK DEBITS OUTSIDE NEW YORK CITY- (BILLIONS OF DOLLARS)
CONSTRUCTION CONTRACTS AWARDED -(BILLIONS OF DOLLARS)
STEEL INGOT PRODUCTION - (MILLIONS OF TONS)
AUTOMOBILE
PRODUCTION -(THOUSANDS OF CARS)
FREIGHT CAR LOADINGS -(MILLIONS OF CARS)
D. D.
SURVEY OF CURRENT BUSINESS
July 1934
Commodity Prices
was the first recorded by the index since the early part
of 1933. The decline during April and May was 0.6
and 0.5 points, respectively. The index, 88.9 for May,
up of 784 commodities or price series advancing to on a base of 100 for December 1930, compares with
74.6, on the basis of 1926 prices as 100. This rise in 70.4 for May last year and with the depression low of
the general index resulted from the advance in prices 69.4 for the preceding month of 1933. Despite the
of farm products and foods which were influenced by declines for these 2 months, the index is 28 percent
the prevailing drought conditions. Farm products above the 1933 low. Price declines during May were
rose 3 points in the 1 week and foods 2.6 points, from recorded for 12 of the 26 items comprising the index,
levels which had been reached by fractional advances 7 items showed an increase and 7 were unchanged in
price. Declines were most marked in the women's
during the preceding 4 weeks.
The index of the prices of commodities other than apparel group, in which 4 of the 6 items declined and
farm products and food, at 78.9, was unchanged for 1 remained unchanged.
Food and housing were the only items in the Nathe week under consideration and was the same as the
index for May. This index has been practically un- tional Industrial Conference Board's index of the cost
changed since the week of January 13. The index of of living of wage earners to show an increase from April
the prices of farm products for the week of June 16, to May. The advance in each of these items was 0.8
at 63.7 was 6.9 percent above the index for the month percent. The cost of coal decreased 1.5 percent and
of May, but was still considerably below that of non- women's clothing, 0.1 percent. Men's clothing, gas
and electricity, and sundries were unchanged. The
farm products and foods, relative to 1926 levels.
The trend of Moody's spot commodity price index, weighted average of all items in this computation admade up of the prices of 15 sensitive commodities which vanced 0.3 percent during the month.
The index of farm prices for May presented in the
have an international market, has been consistently upward since the 1st of May. On that date it stood at accompanying table represents a condition as of the
132.4 and on June 19 it reached 142.3, the high for the 15th of the month and hence does not reflect the imyear. The high point in 1933 was 148.9 and the low 78.7. provement of recent weeks. The June 15 index will
Retail prices, excluding foods, as measured by the show an increase as prices of grains, hay, cotton, and
Fairchild index, moved slightly lower on the average meat animals have all advanced during the past month.
for the second successive month. The drop in April Prices of dairy products remained unchanged.
HOLESALE prices rose in the week of June 16
W
to the highest point reached in more than 3
years, the index of the Bureau of Labor Statistics made
00 C
Groups and subgroups
Economic classes
t~0
H!
®2
s
3
|1
1
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Year and month
ili
•a«
3 « f£
1
*!
3
s
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aj
!
~M
1
sl
A
I
o
GG
05
3
1
£
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i
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o
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1 IS
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i
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OB
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1
!
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1
1 1
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°"S 13
o> "
SS
«°
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0
O
fe
1!
1
Q
73.2
64.4
76.9
70.3
66.5
53.9
69.8
58.1
67.1
46.6
59.6
42.6
73.8
59.3
74.4
56.5
75.1 i 80.0
70.4 71.5
80.5
73.6
65.3
70.7
87.6
72.5
86.8
74.8
85.0
80.1
67.4
54.3
Dec.
Mo.
Mo.
Mo.
1930
average, average,
(Jan. 1,
to average,
1913=
1923 = 1909
1931)
=
1914
=
100
100
100
100
93.4
121
86.9
86
70.5
76.8
101
64.4
77.9
56
62.7
65.0
68.9
69.5
70.8
71.2
71.1
70.8
67.2
69.0
72.2
73.4
74.8
75.4
75.2
74.8
53.7
56.2
61.8
60.6
61.7
61.8
62.4
61.9
61.3
65.3
69.1
71.7
72.9
72.8
71.4
72.3
50.2
53.2
60.1
57.6
57.0
55.7
56.6
55.5
52.8
57.4
73.4
64.6
63.9
58.2
61.3
60.4
59.4
61.2
65.5
64.8
64.9
64.2
64.3
62.5
52.3
52.4
50.8
51.0
51.5
51.0
48.2
46.0
66.5
68.9
72.2
74.1
76.1
77.2
77.2
77.5
i 71.4
' 74.7
i 79.5
81.3
! 82.7
! 83.9
! 84.9
j 85.6
73.2
73.7
73.2
73.1
72.7
72.7
73.4
73.7
60.4 76.9
61.5 82.4
65.3 86.3
65.5 91.7
70.4 92.3
73.6 89.0
73.5 88.2
73.4 89.2
71.7
73.4
74.8
77.6
79.3
81.2
81.0
81.0
77.7
79.3
80.6
81.2
82.1
83.0
82.7
83.5
55.9
61.5
68.0
74.6
76.9
77.1
76.8
76.4
58.9
60.8
64.0
65.4
65.1
65.3
65.5
65.7
72.1
72.8
75.2
76.9
77.9
78.0
77.8
77.3
62
64
76
72
70
70
71
68
94
97
105
107
107
107
107
104
70.4
72.3
76.1
82.5
86.0
87.1
88.0
88.0
72.2
73.6
73.7
73.3
73.7
76.0
77.0
77.2
77.1
77.8
64.1
66.0
65.9
65.1
65.1
71.9
74.8
74.3
73.9
73.7
58.7
61.3
61.3
59.6
59.6
63.7
63.2
62.3
58.8
63.9
64.3
66.7
67.3
66.2
67.1
48.9
53.3
56.5
57.3
60.0
78.3 86.3
78.7 86.6
78.5 86.4
78.6 i 86.7
78.9 87.3
74.4
75.5
75.7
75.5
75.4
73.1
72.4
71.4
71.7
72.5
89.5
89.6
88.7
88.9
87.9
80.8
81.0
81.4
81.6
82.0
85.5
87.0
87.1
87.9
89.1
76.5
76.9
76.5
75.3
73.6
67.5
68.5
69.3
69.5
69.8
77.5
78.3
78.5
78.4
78.6
70
76
76
74
74
105
108
109
107
108
88.5
89.5
90.0
89.4
88.9
65.9
60.8
73.3
71.3
66.2
77.0
56.1
50.3
65.2
60.7
57.7
73.7
49.9
44.2
60.1
44.7
39.8
62.4
62.0
55.9
66.3
59.8
50.6
55.2
71.0 i 73.1
66.2 ! 70.4
78.6 86.7
74.9
71.7
75.3
69.0
62.9
72.2
76.5
70.3
88.9
76.7 80.8
72.1 77.5
81.4 87.3
57.5
52.4
75.8
64.8
59.2
68.9
79.6
72.2
78.3
60
53
74
105
92
107
79.1
70.1
89.3
Monthly average, 1926 = 100
1931: May
1932- May
1933:
May
June...
July
August
September
October
November
December
1934:
January
February
March
April
May
Monthly
average,
January through
May:
1932
1933.
1934
1
Farm, combined index, 27
commodities (Department
of Agriculture)
Wholesale (Department of Labor)
•** &
Cost of living (National In- 1
dustrial Conference Board)
j
INDEXES OF COMMODITY PRICES
I
6
SURVEY OF CURRENT BUSINESS
July 1934
Domestic Trade
gains in sales during May as comMODERATE
pared with April were reported for most fields of
for the month, the index increased 4 percent. The •
dollar volume of new passenger automobile sales in
trade activity. No pronounced trend was in evidence; May recorded a decrease of 12 percent as compared
in some cases the gains were in excess of the usual with the preceding month, but an increase of about oneseasonal rise, while for other lines of trade the increases third over the same month a year ago, and of about
were less than usual for the month. In the first half one-half over May 1932.
of June, sales of department stores in New York City,
Rural sales of general merchandise, which increased
exclusive of liquor sales, were slightly lower than a 6.5 percent from April to May, were one-fourth higher
year ago; total sales were 1.7 percent higher.
than a year ago. This was as large a relative gain as
The increase in the dollar volume of department- in the first 4 months of the year and, coupled with the
store sales during May was equal to the expected gain in department-store sales in districts which are
seasonal rise, and as a result the adjusted index predominantly rural, suggest that sales in farming
remained unchanged at 77 percent of the 1923-25 areas are continuing to show wider gains over a year
average. Department-store sales in May were 15 ago than similar sales in industrial areas.
percent above the same month of last year, while sales
The gain in freight-car loadings of merchandise in
during the first 5 months of the current year were 20 less-than-carload lots in May brought the index to the
percent above the same period a year ago. The May level of a year ago. The fluctuations in this index
comparisons with a year ago varied among the Federal during the past year have been limited to a narrow
Reserve districts from a gain of 1 percent in the San range, the peak exceeding the low point by only 11
Francisco district to increases of 24 percent in both the percent. The number of commercial failures in May
Cleveland and St. Louis areas. For the first 5 months was lower than in any month since October 1920, and
of the year sales in the New York district were only 11 the number and liabilities of failures during the first 5
percent higher than a year ago, while in the two months of this year were each less than half the total
southern districts the increases were 37 and 32 per- of the same period a year ago. Both liabilities and the
cent, respectively, for the same periods.
number of failures have risen slightly during the first
Sales of chain grocery stores increased 0.8 percent half of June.
in May over April, compared with a slight decline on
Total newspaper advertising, as compiled by Media
the average in several preceding years. Variety-store Records, Inc., increased 4.3 percent from April to
sales on a daily average basis were 9.6 percent higher May and was higher for the latter month than for the
in May than in April and were 16 percent above a same month of the 2 preceding years. The most proyear ago. After allowing for the usual seasonal trend nounced gains were in the retail and automotive fields.
DOMESTIC TRADE STATISTICS
i
Retail trade
Department stores
Year and month
Sales
ed i
Chain-store sales
Variety stores
Combined
indes
Unad- Ad(19 com- just- justpanies)
ed i
ed *
Stocks 3
Unad- Adjust- just-
ed *
Unad- Adjust- justed a
ed
Avg. same Monthly avermo. 1929- age, 1929-31=
31 = 100
100
Monthly average, 1923-25=100
1931: May
1932: May
1933:
May
_
June
July ._ .. _
August
.
September
October .
November
.
December
1934:
January
February
March
April
May
Monthly average January
through May:
1932 .
1933
1934
1
Thou- Monthly aver- Monthly aversands of age,
1929-31 = 100 age, 1929 = 100
dolls.
Unad- Adjusted1 justed*
Failures
Liabilities
Monthly average, 1923-25 =
100
ber
ofVoiis.
50, 070
38,718
94.3
52.1
67.0
37.0 .
87.1
77.9
84.7
69.7
92
74
89
71
2,248
2,788
53, 371
83, 764
55
57
60
64
70
70
69
65
78
82
86
84
85
84
83
88
78.1
79. 1
74.4
76.7
82.5
86. 9
86.8
153. 7
78. 1
83.2
83.6 1
86.7 ;
86.4
85.6
85.5 i
83.3
37, 923
38, 986
33, 566
40, 327
43, 219
53, 550
52, 037
61, 971
59.9
65.2
57. 5
58. 3
51.2
42.7
33.0
17.3
42. 5
49.0
52.5
52.0
52.0
53.5
53.0
30.5
74.0
75.7
76.9
79.7
82.1
83.5
83.4
83.3
57.4
57.3
59.1
60.8
62.3
66.0
64. 1
64.5
68
67
70
69
70
70
68
63
1,909
66
1, 618
67
70 i 1,421
1,472
69
68
1,116
1,206
66
67
1, 237
1,132
67
47, 972
35, 345
27, 481
42, 776
21,847
30, 582
25, 353
27, 200
66
66
65
65
68
89
85
88
86
70.2
73. 0
87.2
82.5
90.0
94.2
87.5
94.3
87. 2
90. 0
36. 705
36, 016
43, 592
46, 037
51, 072
22.8
45. 7
68.4
87.9
77.7
33. 5
54. 5
64. 5
59.0
55.5
82.4
83.0
83.6
83.9
84.6
63.9 !
64.6
65.7
66.8
68.3
65
65
67
67
68
70
67
66
65
66
1,364
1, 049
1, 102
1,052
977
32, 905
19,445
27, 228
25, 787
22, 561
.88
75. 6
f/;) 5
35, 395
30 X28
4?, 684
42.8
38.8
60.5
79.9
74.0
83,5
71.3
58.2
65. 5
75
65
66
i 2, 949
i 2, 215
1 1, 109
92, 071
58, 449
25, 585
84
67
54
49
59 •
73
77
75
321
67
68
70
77
70
70
65
69
56
56
56
62
73
77
78
62
57 ;
59 :
73
73 '
77
89
71
77
77
77
'59
63
67
68
67
63
Pay
rolls
Commercial
failures
97.0
82.9
85
69
Corrected to average daily sales.
New passen- I
ger car sales
Emi ployment
Unad- Adjust- justed 2
ed i
Freight-car
loadings, merchandise I.C.I.
97.0
82.9
97
72
P>0
Mail
order
and
store
sales, 2
houses
Wholesale
trade
87
97 .
72 ;
57
i
70
54
65 !
!
!
»87 i 80,8
Adjusted for seasonal variation.
3
End of month figures.
' 4-month average.
SURVEY OF CURRENT BUSINESS
July 1934
Employment
and pay rolls in manufacturing
EMPLOYMENT
industries in May were only slightly changed from
creases in employment and three decreases in pay rolls
for May as compared with April. Both employment
the April totals. The factory employment index of and pay rolls declined during the month in the metalthe Bureau of Labor Statistics increased 0.1 percent, liferous mining and hotel industries, due to strikes in
for the month, while the factory pay-roll index de- the former industry and the seasonal shutdown of
clined 0.3 percent. After adjustment for the usual winter hotels in the latter industry. In the quarrying
seasonal variation, the factory employment index ad- and nonmetallic mining industry, employment rose 11
vanced from 82.2 percent of the 1923-25 average to percent and pay rolls increased 17 percent. Employ82.4 percent. The small pay-roll decline in May ment and pay-roll gains of 10 and 12 percent, respecmarked the first interruption of the upward trend tively, in building construction, excluding Public
which has been in evidence since the first of the year. Works Administration projects, were seasonal in
The May employment index was 32 percent above the character. Substantial gains were also shown for
same month a year ago and was higher than for any both anthracite and bituminous coal mining and the
month since November 1930. The pay-roll index in dyeing and cleaning industries.
May was 57 percent higher than a year ago.
The Federal Emergency Relief Administration reOf the 90 manufacturing industries for which indexes ports a fractional decline in the number of families
are available, employment gains were recorded in 48 receiving relief in May as compared with April, as
industries and pay-roll increases in 51 industries from indicated by data from 141 cities and urban counties
April to May. Employment in 11 industries and pay representing 60 percent of the total urban population
rolls in 21 industries increased 5 percent or more during of the country. During this period relief expenditures
the month. Seasonal influences were largely respon- in these same areas increased 12 percent. This gain
sible for employment declines of 38 percent in the fer- in disbursements is explained as partially due to the
tilizer iiidustr}^ and 20 percent in the cottonseed-oil, higher costs of the emergency works program as comcake, and meal industry. Labor disturbances were pared with the cost of direct relief. The number of
partially responsible for a 23-percent employment drop persons employed on the Emergency Relief Adminisin the typewriter industry.
tration work projects increased steadily from 737,560
After adjustment for seasonal variations, 9 of the in the week of April 12 to 975,523 in the week of June
14 group indexes of factory employment increased. 14. Over 11 millions of dollars were paid these
Declines were recorded for the chemical, rubber, tex- workers during the latter week, and to date over 104
tiles, tobacco manufacturing, and transportation millions of dollars have been paid in wages on Emergequipment industries.
ency Relief Administration work projects. Total
Of the 15 nonmanufacturing industries surveyed by C.W.A. advances since December through the end of
the Bureau of Labor Statistics, only two reported de- May totaled nearly 822 millions of dollars.
STATISTICS OF EMPLOYMENT, PAY ROLLS, AND WAGES
Year and
month
1931: May
1932- May
1933:
May
June
July .
August— .September -_
October
November . _
December...
1934:
January
February. __
March
April
May .
Monthly average, January
through
May:
1932
1933
1934
actory employment
Nonmanufacturing employment and pay rolls
and pay rolls
(Department of Labor)
Pay
Anthracite
Bituminous
Power and j j Telephone
Employment
mining
coal mining
light
|| and telegraph
rolls
EmEmEmEmUnad- Ad- 1 Unad- ployPay ploy- Pay
Pay
Pay ployployjusted justed justed ment rolls ment rolls
ment rolls ment rolls
Monthly average,
Monthly average, 1929=100
1923-25=100
73.4
80.1
80.3
80.3
82.4
76.1
54.4
87.4
94.1
98.7
97.6
63.4
63.7
46.8
66.9
58.0
62.6
84.2
82.8
30.7
84.0
80.6
62.6
66.9
71.5
76.4
80.0
79.6
76.2
74.4
62.9
67.4
72.5
76.4
78.0
77.8
75.9
75.0
42.7
47.2
50.8
56.8
59.1
59.4
55.5
54.5
43.2
39.5
43.8
47.7
56.8
56.9
61.0
54.5
30.0
34.3
38.2
46.6
60.7
61.6
47.8
44.3
61.2
61.3
63.2
68.6
71.8
68.0
74.8
75.4
26.9
29.2
33.6
43.3
44.1
44.1
50.7
50.8
76.9
77.3
77.5
78.1
80.3
82.2
82.6
81.8
69.9
69.9
70.0
70.9
71.8
76.2
74.5
74.4
70.1
69.2
68.5
68.1
68.3
68.7
68.9
69.4
68.5
66.6
66.7
66.1
64.6 i
67.0
67.7
67.7
73.3
77.7
80.8
82.3
83.4
75.1
78.4
81.0
82.2
83.4
54.0
60.6
64.8
67.3
67.1
64.1
63.2
67.5
58.2
63.8
73.2
65.8
82.4
51.7
64.0
75.8
76.1
77.8
72.2
76.7
51.3
54.6
58.9
51.4
54.4
82.2
81.2
81.7
82.4
83.1
73.8
74.4
75.6
76.8
77.6
70.2
69.8
70.0
70.2
70.2
51.5
39.7
83.8
71.6
52.1
63.4
62.0
43.2
67.4
72.3
66.3
75.7
41.1
31.5
54.1
86.2
77.2
83.1
85.3
71.2
75.6
81.7
72.8
70.1
67 2
60.5
79.3
1
Adjusted for seasonal variations.
2
Wages
Tradeunion
Retail
trado
Hetai1 trade
memFactory 8
bers emEmployed Average Average
weekly hourly
ploy- Pay
ment rolls
earnings earnings
Percent
Dollars
j of total
members
0.570
24.25
89.9
88.0 !
75
.510
17.17
80.9
71.1
69
Common
labor
Cents
per
hour
37
32
77. 0
78.3
74.6
78.1
86.0
89. 6
91.6
105. 4
59.5
60.5
58.1
62.7
69.2
72.3
72.6
80.3
67
69
69
69
71
73 i
72
71 |
16.71
18. 49
19. 15
19. 25
19. 46
19. 46
18. 51
18. 58
.453
.452
.455
.497
.531
.540
.545
.550
33
33
34
35
37
37
38
38
69.0
67.9
70.4
68.8
71.4
84.6
83.8
87.2
88.2
88.8
68.8
67.7
69.5
71.5
71.8
72
74
75
76
76
18.89
19.81
20.49
21.00
20.81
.551
.558
.561
.579
.587
37
37
42
43
43
86.6
70.3
69.5
81.7
75.5
86.5
73.8
59.2
69.9
69
66
75
18.37
15.80
20.20
.521
.463
.567
33
32
40
National Industrial Conference Board.
8
SURVEY OF CURRENT BUSINESS
July 1934
Finance
markets during the past month have
FINANCIAL
been relatively inactive, with but slight altera-
pathy with stocks. High-grade bonds have enjoyed
a strong demand, and quotations on United States
tions of previously prevailing trends. Interest has Treasury issues reached the highest levels since the
been largely centered in the legislative program of the middle of 1931. The tone of the market \vas unaffected
Federal Government. Of particular importance was by the announcement that on June 15 the public
the enactment of the following acts toward the close debt had passed the former high record of approxiof the Seventy-third Congress: The Securities Ex- mately $26,600,000,000 reached in August 1919.
change Act, which provides for the regulation of The total as of the later date was slightly in excess
securities exchanges; the Corporate Bankruptcy Act, of $27,000,000,000.
permitting corporations to reorganize with the conOwing to the small flow of funds into the long-term
sent of a majority of the creditors; the extension until capital market and the consequent demand for shortJuly 1, 1935, of the temporary plan for bank deposit term investments, money rates have continued excepinsurance and the increase in the insurable limit of tionally easy. During all of May the volume of
individual deposits from $2,500 to $5,000; and the open-market commercial paper coming into the market
Silver Purchase Act.
remained very low, while rates on this class of paper
Stock prices reached new low levels for the year fell to 1 percent. Yields on short-term Treasury issues
during May, but in the early weeks of June quota- also showed further declines.
tions worked moderately higher. During the entire
The large volume of idle member bank funds is
period the turn-over on the stock exchange was very reflected in excess reserves aggregating approxilow, as evidenced by several full sessions in which the mately $1,675,000,000 in the week ended June 20.
sales were lower than in a decade. Among the factors Loans and investments of the reporting member banks
exercising a favorable influence on prices were the data have continued to decline. In the 6 weeks ended
released on corporation profits in the first quarter of June 13 investment holdings of the banks were re1934. The compilation of the New York Federal duced by $33,000,000, while the loans outstanding
Reserve Bank, covering approximately 500 concerns, dropped by about the same amount.
showed the highest first quarter total since 1931.
No important changes occurred during the period in
Profits were 175 percent larger than in 1933 and 40 the volume of Federal Reserve bank credit outstanding.
percent above 1932. Industrial and mercantile con- A slight drop in total bills discounted and in United
cerns reporting a net loss in excess of $18,000,000 a States Government securities holdings was reported.
year ago reported a net income of $95,000,000 in the Open-market bill holdings remained virtually neglifirst 3 months of 1934.
gible. Bankers' acceptances outstanding continued
The bond market has also been comparatively dull. to decline, while money in circulation and gold moveIn general, the more speculative issues moved in sym- ments showed no significant changes.
FINANCIAL STATISTICS
Net i
R e p o r t i n g m e m b e r Federal Total
gold
imbanks, Wednesday Reserve bankSavings deposits Stock
Bank
closest to end of bank ers' ac- ports
prices
month i
ceptindebits
Money
credit
(421)
outside
in
ances cluding
outStandNew
outgold
circuYear and month York Loans
stand- standard
lation
reAll
InNew Postal Statising,
on
City
leased
other
vestYork
Savend
of
tics
securi- loans ments month end of from
State
ings
ties
month earmark ?
1926=100
Millions of dollars
1931:
May, _
18, 858
4,679
5,083
325
917
1,413
98.0
53.6
June
.. _
19,406
4, 750
347
943
1,368
5,156
95.1
156.1
1932:
May
.
12, 498
5,243
4,335
5,757
6, 794
743
39.8
2,096
787 -217. 7
5, 456
June
12, 901 ! 4, 185
5,282
5,563
6,897
784
5, 530
34.0
2,310
747 -234.8
1933:
May
4,772
7,941
11, 509
1,180
3,713
669
5,876
5,113
62.9
2,218
1.0
June
12, 969 i
4,704
8,213
2, 220
.3
5, 742
5,130
3, 748
687
74.9
1,187
July
13, 878
3,772
4,774
5,085
8,011
2, 209 i
.6
1,177
80.4
738
5, 675
August
8,074
12, 375
694
5,059
1,178
3,766
2,297 i
5, 616
4,767
-.9
75.1
September
12, 215
1,181
3, 687
4,853
2,421
-7.4
5, 632
5,079
7,989
715
74.8
October
5,049
13, 027
4,989
8,156
737
2,549
5, 656
1,189
3,604
69.5
November
3,569
8,104
4,999
2,581
5,681
5,029
1,199
69.1
11,927
758
-.5
December
13, 288
5,064
764
5, 811
70.4
3,620
4,765
8,200
2,688
1,209
2.7
1934:
January
3,609
8,772
75.6
13, 198
2,630
9.4
5,669
4,740
771
5,067
1,201
February
5,076
80.5
11, 784
4,665
9,215
750
*5, 339
1,200
3,520
2,567
521.2
March..
5,122
14, 077
3,514
5,368
1,200
77.1
9,311
2,545
685
236.7
4,647
April
5,097
79.6
14, 278
3,577
4,559
613
51.1
5,366
1,198
9,326 !
2,485
May
June
1
91 cities.
14, 105
3
3,476
3.529
4,550
4.485
9,280
9.723
Net exports indicated by (— ).
2,463
569
38.2
5, 355
5,090
1,197 i
71.8
73.5
Bond
Average
Interest
prices,
New
divirates,
York
New
dend
commercial
Stock capital
Exshare
issues
change
(600
com- months)
(domestic)
panies)
Dollars ofThous.
dollars Dollars Percent
94.88
95.86
344, 164
251, 163
2.41
2.36
2-2^
2
73.57
75.66
90, 897
83, 872
1.48
1.34
2H-3/2
84.73
86.84
88.03
87.91
85.82
84.70
82.98
85.11
43, 574
110, 148
117,083
45, 600
63, 814
58, 702
88, 257
57, 000
1.06
1.05
1.05
1.05
1.06
1.06
1.10
1.11
88.77
90.12
91.09
92.54
92.32
47, 775
79, 121
97, 276
143, 404
102, 733
1.12
1.15
1.16
1.16
1.18
* Gold coin reported in circulation prior to Jan. 31, 1934, was eliminated from the total as of that date.
1
SURVEY OF CUKRENT BUSINESS
July 1934
Foreign Trade
NITED States exports declined 11 percent in value
U
during May while imports increased 6 percent.
The usual seasonal changes in May are a decline of
1 percent in exports and a reduction of 6 percent in
imports. On an adjusted basis the value of exports
dropped below that of the 3 preceding months to
45 percent of the 1923-25 average, or to approximately
the level in January. Imports, after allowance for
seasonal variations, increased from 42 percent of the
1923-25 average to 47 percent and reached the highest
level since last September. Exports, including reexports and general imports, were valued at $160,207,000
and $154,647,000, respectively, and exports of United
States merchandise and imports for consumption, at
$157,171,000 and $146,866,000, respectively.
Each of the 11 leading groups of export commodities,
except edible animal products and the group of miscellaneous articles, were smaller in value than in April,
although half the reduction in the value of total exports was due to smaller shipments of unmanufactured cotton and refined mineral oils. The decline in
exports of cotton was largely a seasonal movement and
smaller exports of furs, fruits, and tobacco also reflected
seasonal influences. Wheat exports decreased from
3,576,000 bushels in April to 1,456,000 bushesl in
May.
Finished manufactured exports declined 9 percent in
value as compared with April, which represented the
first recession shown for this group since January.
The value of machinery exports dropped below that of
the 2 preceding months but continued well above the
corresponding periods of the 2 preceding years. Exports of automobiles, including parts and accessories,
decreased about $800,000 in value as compared with
April but were two and three-fourths times greater
than in the same month of either 1933 or 1932 and
about two-fifths larger than in May 1931. Among the
leading commodity exports iron and steel-mill products,
coal, crude sulphur, and industrial chemicals increased
in value during May. Exports of meats and lards also
showed substantial gains in quantity, which resulted
in a slight increase in May exports of manufactured
foods. Each of the other economic classes of exports
declined in value during May.
Incoming shipments of a wide range of commodities
were larger in May than in April. Especially notable
was the increase in cane-sugar imports from the Philippine Islands from 448,171,000 pounds, valued at
$12,858,000, in April to 560,250,000 pounds, valued
at $15,622,000, in May. Imports of cane sugar from
the Philippines and the Virgin Islands in the 5 months
ending May have totaled 1,740,755,000 pounds in comparison with 424,906,000 pounds imported from foreign
countries during the same period of 1933.
The value of crude rubber showed a further substantial increase during May, in large part the result
of the upward movement in prices. Imports of coffee
and unmanufactured wool fell off considerably.
Prices of goods entering into United States foreign
trade continue to show, on the average, relatively
small variation. Since the first of the year, both export and import prices have advanced about 3 percent.
EXPORTS AND IMPORTS
Indexes
Exports of United States merchandise
Exports,
inTotal Total
cludeximYear and month
ing
ports, ports,
reexadadjusted i justed^ ports
1931- May
1932- May ..
1933:
May
June
July
August - September
October
November.
December
1934:
January
February
March
April
May
Cumulative, Januarythrough May:
1932
1933
... .
1934
Monthly average, 1923-25=100
57
55
37
34
Crude
materials
Total
Raw
cotton
Total
Fruits Semimanand
prep- ufaetures
arations
204.0
131.9
199.2
128.6
36.5
29.8
18.9
17.7
29.4
20.0
6.6
4.5
2
Finished
manufactures
Foodstuffs
Total
Imports
Total
Auto- |
moi
Ma- biles, Total
chin- parts,
ery
and
accessories
Millions of dollars
29.9
103.4
26.5
18.2
60.5
11.3
Finished
Crude Food- Semimanma- stuffs manufac- ufacterials
tures tures
14.3
7.9
179.7
112.3
54.2
28.4
49.6
37.2
30.4
17.2
45. 5
29.5
10.9
11.7
13.5
16.0
15.8
7.4
7.0
7.5
8.1
8.3
8.6
7.3
9.3
106.9
122.3
143.0
155. 0
146.7
150.9
128.5
133.2
24.9
34.3
46.4
50.7
48.3
46.9
37.3
36.2
40.0
36.9
38.8
35.4
31.2
34.8
30.6
42.^
18.3
27.8
31.0
35.2
33.5
33.2
27.8
27.2
23.6
23.3
26.8
33.7
33.6
36.0
32.8
27.7
32
36
43
38
40
42
42
48
32
40
48
50
48
46
40
42
114.2
119.8
144.2
131.5
160.1
193.9
184.3
192.6
111.9
117.5
141.7
129.3
157.5
191.7
181.3
189.8
35.0
40.3
51.5
42.0
63.6
82.5
71.3
73.1
26.1
29.3
36.8
28.2
45.3
54.3
48.8
44.3
13.0
13.4
15.4
16.9
18.7
23.5
24.1
24.3
3.8
2.9
4.3
5.6
6.8
11.0
9.7
8.3
17.6
18.2
21.4
20.5
21.3
24.6
24.2
28.5
46.2
45.7
53.4
50.0
53.9
61.1
61.8
63.9
44
47
50
50
45
42
42
44
42
47
172.2
162.8
191.0
179.4
160.2
169.5
159.7
187.5
176. 5
157.3
60.4
54.2
55.3
45.9
38.0
41.5
37.7
34.7
24.5
17.6
22.7
19.6
20.1
17.8
16.8
8.4
6.8
5.5
4.4
3.3
25.0
24.5
31.4
29.4
26.2
61.4
61.4
80.8
83.4
76.2
14.4
14.6
18.3
19.2
17.0
10.8
13.2
20.6
21.5
20.6
128.7
125.0
153.1
141.1
146.9
35.7
36.9
44.9
41.0
42.8
39.3
38.3
48.6
45.6
46.3
26.4
22.2
29.7
26.1
26.9
27.3
27.6
29.8
28.4
30.8
340
330
347
338
328
343
725.9
549.6
865. 6
710.2
539.3
850. 4
216.6
167.1
253.7
148.2
111.4
155. 9
109.1
66.7
97.0
28.8
19.0
28.4
92.0
78.5
136. 4
292.4
227.0
363.2
62.2
45.0
83.4
39.3
34.5
86.7
636.5
470.0
694.8
176.1
118.0
201.3
193.7
167.1
218.1
106.8
76.4
131.4
159.9
108.5
144.0
i Adjusted for seasonal variation.
69507—34
2
2
9.1
9 3
io!i
General imports through December 1933; imports for consumption in 1934.
* Monthly average.
10
SURVEY OF CURRENT BUSINESS
Julv 1934
Real Estate and Construction
contracts awarded in the first
CONSTRUCTION
half of June, amounting to $63,000,000, fell
slightly below the average level of awards reported in
May, when adjusted to a daily average basis for comparative purposes. The decline was the result of
smaller contracts for projects other than residential
building. An increase of one-third occurred in the
amount of residential awards. The daily average
value of such undertakings reached the highest level
since December 1931.
Failing to reflect fully the usual seasonal increase,
the value of construction contracts awarded during
May showed only a slight expansion over April. Total
awards amounted to $134,000,000, an increase of 2
percent over the preceding month and of 74 percent
over the contracts reported a year ago. The slight
gain over April was due to larger contract totals for
residential and nonresidential building, which showed
increases of 10 and 36 percent, respectively. Publicworks and utility contracts declined 19 percent. Total
awards in the first 5% months of the year, aggregating
$790,000,000, were more than twice as large as the comparable total reported in the corresponding period of 1933.
According to data compiled by the F. W. Dodge
Corporation, May contracts for publicly financed work
amounted to $71,600,000. While this was 5 percent
less than the April total, it indicated that public funds
continue to finance well over half of the total awards.
Contracts for privately financed building in May
reached $62,900,000, an increase of 12 percent over
April and a 17 percent increase as compared with May
1933. The gain in this class of contracts in May,
however, was entirely due to the inclusion in the
month's total of one large building project in the New
York metropolitan area. Private contracts awarded
during the first 5 months of the year aggregated
$232,000,000, an increase of 18 percent over the
relatively small total in the same months of 1933.
Residential building for the year through May
showed a gain of 23 percent over last year, but remained
25 percent below the total reported in the same period
of 1932. In May the value of residential contracts
was slightly higher than in the preceding month but
for the first time since October fell behind the corresponding monthly total of the preceding year.
Among the final acts of the Seventy-third Congress
was the passage on June 18 of the National Housing
Act, the provisions of which were briefly outlined in
the June issue. As enacted, the provisions were substantially unchanged from those incorporated into the
original bill. The measure is expected to provide
relief from some of the deterrents to construction
activity, and coincident with its passage tentative
plans were suggested for reducing the costs of building, which appear to be one of the potent factors contributing to the present state of inactivity in private
building.
Real estate foreclosures reported so far in 1934 have
remained relatively high, although some improvement
has occurred when comparisons are made with a year
ago. In communities comprising 54 percent of the
population of the country, farm, commercial, and
home foreclosures during the first 5 months of the
year numbered 79,200, a decline of 11 percent from
the 88,900 reported a year ago, but they were nearly
three times as large as the average for the year 1926.
BUILDING MATERIALS, CONSTRUCTION, AND REAL ESTATE
Year and month
1931: May
1932: May
1933:
May
June
July
August
September
October..
_.
November
December . ..
1934:
January
February
March
April
May
_. .
Monthly average January through
Mav:
1932
1933
1934
1
F.E.B.
index
adjusted i
All types of
construction
Residential
building
MilMonthly Num- MilMilaveraere, ber of lions of lions of lions
of
square
proj1923-25 =
dollars
dollars
100
feet
ects
306
21.9
88.9
65 11, 506
146
6.7
7,513
25.6
26
Highways
under
construction
(National
CeIndusment
trial
Recovery
Act)
Building material
shipments
Construction contracts awarded
Explosives,
PubPubnew Maple Oak
lic
lie
floor- floororders
utili- works
ing
ing
ties
Millions of
dollars
Thou- Thousands of Thousands of feet, board sands of
barrels
measure
pounds
Thousands of
dollars
Construction
costs,
Eng.
NewsRecord 2
Monthly average,
1913=
100
Longterm
realestate
bonds
issued
Home
Loan
Bank,
loans
outstanding
Thousands of
dollars
19.1
3.8
90.5
57.9
28, 185
16, 954
3, 315 27, 745 14, 200
2,325 12, 939 8,020
189.3
152. 8
9,485
0
0
0
0
0
0
0
0
0
38, 932
47, 579
53, 745
59, 806
66, 329
73, 110
80, 699
88, 442
16
18
21
24
30
37
48
58
9,409
9,174
8.228
8,186
7,594
7,476
6,232
7,677
77
102
83
106
120
145
162
207
8.4
8.3
7.4
6.4
6.3
6.9
6.4
5.9
26.5
27.8
23.6
21.9
21.5
21.5
23.6
23.9
5.6
5.0
4.1
19.4
3.4
7.0
6.9
34.0
13.4
19.4
14.8
32.0
57.3
85.7
104.1
99.2
16, 497
20,327
23, 834
25, 106
25, 107
25, 084
23, 256
23, 318
2,715
4,384
4, 326
3, 386
2,622
3,236
2,300
3,234
14, 549
17, 723
13, 676
12, 793
9,563
8,624
10, 017
6,417
6,709
7,979
8,697
5,994
6,517
6, 750
4,463
3, 738
34, 962
92, 215
134, 491
159, 575
164. 4
163. 4
165.5
167.0
175.5
187.7
190.1
192.1
49
44
33
32
26
7,729
5,507
7,927
8.114
9,153
186
97
178
131
134
3.9
3. 6
8.0
6.0
6.2
15.1
14.5
28.1
22.7
24.8
10.6
6.4
21.0
12.4
5.6
103. 1
46.7
71.9
57.5
51.2
28, 504
25, 584
27, 725
26, 958
3,665
3,665
4,643
4,303
4,512
5,137
8,112
13,711
9,476
9,813
3,778
2,952
4,618
6,492
8,784
197, 088
216, 291
239, 974
269, 229
288, 460
191.3
194.0
194.0
195.9
199.6
0
0
0
0
0
92, 497
94, 040
93, 125
88, 922
86, 842
6,336
27
17 ' 6, 130
37 ! 7,686
111
66
145
7.1
5.1
5.5
27.9
17.1
21.0
6.7
4.6
11.2
31.5
17.4
66.1
18, 544
16, 671
2,168
1,774
4,158
12, 377
8,422
9,250
5, 008
3,990
5,325
157. 5
160.1
195.0
494
180
0
21,050
91,085
!
Based on 3-month moving average and adjusted for seasonal variation.
2 First of month, June 1, 1934, index, 199.6.
11
SURVEY OF CURRENT BUSINESS
July 1934
Transportation
TOADINGS of freight during May increased to ap-L/ proximately the figure for March, following the
sharp decline in April. The increase for the month
was greater than the usual seasonal advance for this
period. The adjusted index of the Federal Reserve
Board rose 2 points to 64, on the base of the monthly
average for 1923-25 equal to 100. This is 8 points
above the similar index for May a year ago, but is
slightly below the index in July of last year and March
of this year. Daily average loadings during the first
23 days of June were slightly less than in May.
The broad base of the May increase in freight movements is indicated by the fact that after adjustments
for the usual seasonal change, the index for every one
of the eight groups of freight increased during the
month. Ore loadings for May were almost three times
the loadings for April and for May a year ago.
Total loadings for the 24 weeks of the year through
June 16 amounted to 14,133,887 cars. The comparable figure a year ago was 2,000,000 less and, in 1932,
1,000,000 less.
Shipments through the Sault Ste. Marie canal were 65
percent above shipments for last May and were more
than three and one-half times the shipments in May 1932.
This increase resulted mainly from heavy shipments of
ore and a substantial increase in the coal tonnage handled.
Total operating revenue of class I railroads for April,
according to the Bureau of Railway Economics, was
18 percent above April 1933, but 10 percent below the
figure for March 1934. Net railway operating income
for the first 5 months of 1934 was equivalent to an
annual rate of return of about 2}/7 percent of the property investment of the roads. This compares with a
rate of 1.06 percent in the same period of 1933. Despite this improved showing, 35 class I carriers have
failed to earn their interest and fixed charges so far
this year. Preliminary data indicate a substantial increase in gross and net operating revenues for May, due
to the upward trend of freight traffic. The first 51
roads to report for May showed an increase of 9.3 percent in gross revenues and an increase of 28 percent in
net operating income as compared with April.
The upward trend of revenues and the financial assistance rendered by the Government continue to be
reflected in an increase in orders for equipment, materials, and supplies. Available data indicate that
during the first 5 months of the current year such orders
approximated $225,000,000, exclusive of expenditures
for fuel and P.W.A. allotments not yet spent, according to the Railway Age. Last year similar purchases
did not exceed $95,000,000. Including fuel, purchases
amounted to approximately $300,000,000, or twice the
expenditures a year ago. These equipment orders
have been reflected in a substantial gain in employment
and pay rolls in the equipment manufacturing industry.
The number of emplo3'ees of class I railroads, excluding switching and terminal companies, increased
by more than 31,000 from the middle of April to the
middle of May. The May figure is the highest reached
since May 1932.
3
Q
3
Year and month
1
oo
j3
as
?
I
3
S
,__,
Q>
1
Monthly average, 1923-25 =
100
1931: May _. _. ...
1932: May
1933:
May
June
Julv
August
September . . .
October
November
December
_
1934:
January.. _.
February
_.
March
April
May
Monthly average, January
through May:
1932
1933
1934
..
._
' Daily average basis.
•0
*9
rt
&
1
w
u
*
1
2
t«
•i
"g-s
Cv
-M
M
3
o>
tt
i
F.R.B. index
Freight-car surplus
Freight-car loadings
h
0
S
1
1
Pullman passengers
carried
RAIL AND WATER TRAFFIC
Thousands
Thousands of cars *
Financial
statistics
Z£
£ rt
B.
sh
Canal traffic
*5
is
•o"
— » <e
H cfi»cJ
»-»«e
PI 2SI
ll:
to
5
s1
*
1
S
OQ
5
m
+*
I
I
fc
®
Thousands of
dollars
Thousands of
short tons
1
Thous.
of long
tons
79
53
79
54
739.7
522.0
113.9
74.6
6.5
3.1
32.9
18.7
35.8
29.2
20.4
17.1
217.5
182.1
17.3
2.6
295.4
194.5
616
751
1,900
1, 270
40, 742
11,666
31,500
17, 200
4,335
1,568
457
415
937
662
56
60
66
65
68
66
61
55
535.8
56
566.3
60
65 621.8
61 625.7
640.9
60
651.4
58
60 1 591.5
513.1
62
80.6
90.5
112.1
123.5
125.0
125.0
125.5
114. 1
3.8
4.9
6.6
6.7
7.0
6.7
6.4
6.7
21.0
25.1
26.8
27.2
24.7
24.4
23.4
18.1
37.1
36. 7
44.9
29.6
31.2
29,8
30.9
25.9
16.5
15.5
15.0
16.6
20.3
23.2
20.5
15.1
165.6
163.6
166. 4
170.0
168.4
172.fi
166.7
148.5
7.9
11.1
22.1
34.2
36.8
27.8
7.4
2.9
203.0
219.0
227.8
217.9
227.6
242.0
210.7
181.9
553
454
393
398
380
385
441
463
951
1,201
1,224
1, 351
1,392
1, 256
1, C54
1,333
40, 693
59, 483
64. 307
60, 978
60, 936
57, 265
37, 566
37, 704
1,425
2,950
16, 500
4,900
6,800
18, 200
2,000
5,700
3,490
3,582
6,050
7,691
8,453
7, 154
3,014
172
542
479
473
623
517
593
664
0
783
779
823
1,002
981
1,082
964
922
58
61
63
60
64
64
64
66
62
64
544. 4
577.2
611.8
583.7
610.4
129.8
143.8
145.9
100.3
106.8
7.7
10.1
8.9
5.8
6.8
18.3
21.8
23.7
24.2
25.1
29.4
30.1
29.6
26.5
28.1
17.5
15.3
13.4
16.3
16.2
153. 8
156.9
165.5
166.0
164.9
3.1
3.1
3.7
7.4
20.7
184.8
196.2
221.0
237. 4
241.6
434
375
357
368
355
1,306
1, 132
1,227
1,212
30, 931
29, 281
52, 038
32, 265
26, 960
13, 600
15, 600
17, 900
0
0
0
13
5,745
0
0
0
140
550
846
979
1,119
1,038
554.9
496.1
586.8
103.1
96.7
126.3
4.9
4.6
7.9
19.2
16.3
22.7
30.8
30.5
28.8
18.7
15.8
15.6
185.1
158. 3
161.6
2.9
3.4
7.4
190.1
170.6
216.4
730
fi39
378
57
51
61
2
For seasonal variation.
s
American vessels, both directions.
4
« 1, 439 "21,413 ; «31,200
«989 '13,469 i "17, 119
01,219 «-36. 129 '"18.515
Average weekly basis.
& 4 months' average.
"657
"643
"996
12
SURVEY OF CURRENT BUSINESS
July 1934
Automobiles and Rubber
of automobiles has moved downPRODUCTION
ward since April in reflection of the declining
trend of retail sales of cars. Following the general
reduction in passenger-car prices in the early part of
June, some improvement in retail sales was reported,
with the result that production picked up slightly in
the second week of the month. Total production
during June is expected to show a reduction below
the May total, but a sizeable increase over June 1933.
Indicated production of the United States for the first
half of 1934 is approximately 1,700,000 units, or about
71 percent in excess of the total for the corresponding
period of 1933.
A slight revision in the United States production
data for the year 1933, and the first 4 months of 1934,
has been made. A complete record of the revised
data may be found on page 55. The drop in May 1934
output from the revised April total amounted to
23,000 units, or 6.5 percent. The seasonally adjusted
index of the Federal Reserve Board dropped by 8
percent. The recession in truck production was
somewhat greater relatively than in passenger cars.
Domestic sales of new passenger automobiles have
been irregular in recent weeks. May sales were
about 10 percent less than in April, although they
were about one-third higher than in 1933. After
adjustment for seasonal variation, the index was 5
percent below the April figure.
The number of employees in the automobile industry in May was about the same as in April, although
the declining trend in production was reflected in a
drop of 6.5 percent in pay rolls. The number at work
at the spring production peak in April was considerably
more than double the total a year earlier, and was in
excess of any monthly total since June 1929. Pay
rolls in May were the highest, with the exception of
April 1934, since September 1929.
Production in the rubber industry declined during
May. However, domestic consumption of crude
rubber represented the heaviest May consumption
since 1929. The recession in activity was mainly in
tire-and-tube and boot-and-shoe manufacturing, the
other branches of the industry showing little change
from the preceding month.
Curtailed production of automobile tires and tubes
and an increase in shipments resulted in a reduction
in manufacturers' stocks which had been built up over
a period of months. Preliminary statistics indicate a
gain in shipments of casings in May, as compared with
April, of about 20 percent, while production fell off by
about 7 percent. As shipments of tires for original
equipment followed the declining trend of automobile
production, the increase in the total was the result of
the sharp increase in domestic sales for replacement
purposes and sales for export. Stocks of casings at
the end of May, amounting to 10,800,000, were about
800,000 less than a month earlier.
Crude rubber stocks rose by about 1 percent during
May, due to the increase in United States stocks and
stocks afloat. World stocks have increased by 10 percent in the past year notwithstanding the improved
trend of consumption.
AUTOMOBILE AND RUBBER STATISTICS
1
Automobile production
Canada
United States
Year and month
F.B.B.
index, Total
adjusted1
Monthly average,
192325=100
1931: May
1932: May
1933:
May
June
July
August
September
October
November
December
1934:
January
February .
March
April
May ..
Monthly average, January through April:
1932. _.
1933
1934
1
Passenger
cars
Automobile
exports
Taxi- Trucks
cabs
Thousands
Total
Passen- Trucks
ger
New
passenger
car
registrations
New passengercar sales
Pneumatic
tires »
AdUnadjusted justed i
DoDo- mestic
World
Pro- mestic
conIm- stocks,
duc- ship- sump- ports
1 end of
tion ments tion,
month
total
Monthlv average,
1929-31 = 100
Number
Crude rubber
Thousands
Long tons
78
45 1
317
184
271
158
340
73
45, 688
26, 539
12, 738
8,221
8,468
3,604
4,496
1,503
247, 727
131, 282
94.3
52.1
67.0
37.0
4,543
3,056
4,197
3,325
34, 792
26, 861
35, 844
34, 323
531,516
629, 110
50
66
70
61
56
46
32
47
215
250
230
234
193
135
61
81
182
209
193
193
159
106
41
51
54
35
4
68
9
63
1.611
1,299
32, 851
41, 172
37, 242
40, 646
33, 926
29, 208
18, 354
29, 194
9,396
7,323
6,540
6,079
5,808
3, 682
2,291
3,262
5. 093
4, 757
5,546
6, 516
6,330
5,906
3,527
3, 066
2,445
2,478
3,582
3,792
4.614
5, 567
3,176
6,460
160, 242
174, 190
185, 660
178, 661
157, 976
136, 326
94, 180
58, 624
59.9
65.2
57.5
58.3
51.2
42.7
33.0
17.3
42.5
49.0
52.5
52.0
52.0
53.5
53.0
30.5
4,151
4,880
4,571
3, 995
3,199
2, 743
2,432
2,466
4,077
4,320
4,324
3,674
2,714
1,943
1,686
2,726
38, 785
44, 654
43, 660
39,097
31, 047
27, 758
25, 371
25, 306
26, 736
23, 504
45, 243
45, 413
46, 255
46, 034
41, 821
40, 751
620, 586
632, 565
619, 752
603,711
619, 019
628, 127
646, 423
644, 898
58
73
80
85
78
157
232
331 !
355 i
332
113
188
275
289
274
321
27
16
1
0
43, 255
44, 041
56, 525
65, 714
57,876
6,904
8,571
14, 180
18, 363
20, 161
3,685
8,872
16, 141
16, 509
16, 058
7,573
6,039
10, 076
10, 756
8,612
61, 242
94, 887
173, 287
222, 900
217, 000
22.8
45.7
68.4
87.9
79.2
33.5
54.4
64.5
59.2
56.4
3,804
4,205
5,025
4,627
4,309
3,043
3,106
3,966
4,212
5,028
35, 159 49, 088
36, 548 35, 220
43, 329 42, 253
40, 902 45, 175
39, 571 49, 901
643, 355
652, 690
653, 000
653, 353
660,094
38
40
74
138
149
281
114
126
228
60
256
73
23, 467
22, 235
53,482
6,511
6,188
13,636
4,646
5,773
12,253
2,189
2,770
8,611
102, 975
101, 656
153,863
42.8
38.8
60.8
2,935
2,391
4,394
2,602
2,468
3,871
25, 935
23, 211
39, 102
626,031
618, 674
652, 498
i
i
!
!
Adjusted for seasonal variations.
3
See note on p. 51. May figures are preliminary.
36, 063
25, 975
44, 321
13
SURVEY OF CURRENT BUSINESS
July 1934
Forest Products
34.6 percent of the 1923-25 average were the highest
since October 1933.
Car loadings of forest products for the 4 weeks
ended May 26, amounted to 100,579 cars, which was
20 percent higher than the same period in 1933.
Estimated loadings of lumber, totaling 41,206 cars,
were also well above the 1933 level.
Wholesale prices of lumber declined fractionally on
the average during May, although the index was
approximately 44 percent higher than in May 1933
and May 1932.
Conditions in the naval-stores market remained
quiet during May. Receipts of gum turpentine and
rosin at Savannah, Jacksonville, and Pensacola continued to show seasonal increases, with gains also
being made in port accumulations. Production and
stocks of steam distilled wood naval stores showed
mixed trends. Production of turpentine and rosin
declined slightly from the preceding month while
stocks moved upward. Wholesale prices of naval
stores declined slightly during the month.
Employment in the paper and pulp industry increased
further during May. Pay rolls, which declined slightly,
were 36 percent higher than during May 1933. Production of newsprint increased seasonally as compared
with April, and the total produced was the largest
May output since 1931. Stocks at United States mills
were lower. Canadian production of newsprint was
the largest since November 1929. Stocks of newsprint
at Canadian mills, aggregating 42,459 tons at the end
of May, were greater than April but were slightly less
than May a year ago. Prices remained steady.
'TMBER production during May was at the same
rate as in April. In the first half of June, however,
E
it declined partly in reflection of labor difficulties on the
Pacific coast, but also on account of the falling off in
new orders, which were substantially less than the cut.
Lumber shipments were below production for each
week of May and the first two weeks in June, resulting
in a further increase in mill stocks. Stocks held by
approximately 1,750 mills increased 5 percent between
the period April 28 and June 9.
The Lumber Code Authority has set the production
quota for the third quarter of the year at 3,845,000,000
feet. This represents a reduction of 15.5 percent from
the established production for the current quarter.
Of the total, softwoods were reduced by 13.2 percent
and hardwoods by 25 percent as compared with the
current quarter. In announcing the quota, the Code
Authority stated that "the severe curtailment of production * * * is partly due to the fact that
production totals have been consistently kept above
the probabilities of consumption since the Lumber
Code became effective, last August, on the theory that
every reasonable effort should be made to encourage
production, employment, and sales. The result
* * * has been some increase in inventories since
the code went into effect, while the expected revival
of building has not yet come."
Employment in the lumber and allied products industry again increased during May, reaching a high
point for the year. It was 3.2 percent greater than
in April and 35 percent higher than in May 1933.
Pay rolls also were greater than during April and at
FOREST PRODUCTS STATISTICS
Prodiiction,
adju stedi
Employment
Lumber production
Tur- I
Unadjusted
Saw
F
penPaper
tine
TurLum- and
ture,' ad™j»s' and
Fur- Sawpend
ber printrosin,
tine
niing justed J U8tcd unad- ture
mills
and
justed
rosin
,T
Year and month
Payrolls
-
Thousands of
cars i
Monthly average, 1923-25=100
1931: May
1932: May
1933:
May
June
July
August
September
October
- .__
November
December
1934:
January.
_, _
February _ , _ _ _ .
March
__ _
April
May
Monthly average, January through May:
1932
1933
1934
Carloadings,
forest
prod-2
ucts
Newsprint
CaliDoug- South- Southern
fornia
las
ern
hardredfir
pine
woods wood
Consumption
by
publishers
Millions of feet, board measure
Imports
Production
Short tons
48
28
111
90
77.9
57.9
44.7
26.0
96.9
70.7
61.3
31.7
39.1
15.0
53.3
34.2
32.9
18.7
207
100
148
100
146
98
i?
179, 836
152, 321
192, 688
175,876
98, 992
86, 963
30
38
46
46
38
33
30
32
92
101
111
106
104
99
95
97
56.4
61.6
65.3
68.6
74.8
72.2
67.3
63.8
23.3
26.6
30. 1
32.7
34.5
35.6
34.4
34.0
71.9
81.1
83.5
89.4
97.6
103. 9
101.1
107.7
28.8
34.0
36.0
43.9
52. 8
55.0
45.0
40.1
11.5
14.4
17.0
20.1
23.2
23.3
21.8
20.0
31.2
33.2
34.2
36.3
43.3
48.3
45.3
48.9
21.0
25.1
26.8
27.2
24.7
24.4
23.4
18.1
137
175
196
188
137
132
128
111
116
121
126
133
114
104
103
96
135
169
165
150
143
131
135
7
9
15
18
22
16
17
160, 773
130, 879
132, 482
127, 837
134, 306
152, 098
154, 934
148, 427
157,314
142, 700
183, 433
151,210
177, 750
175,711
176, 766
168, 787
79,991
81, 939
79, 616
87, 957
72, 091
82, 052
87, 567
80, 895
34
29
38
33
33
99
99
100
100
62.2
63.0
64.1
63.0
64. 5
32.1
32.7
33.7
34.5
35.6
97.8 !
98.6
101.4
101.2
103.4
35.3
40.5
41.1
40.3
40.5
17.4
19.1
20.7
22.5
24.2
50.4
51.7
46.2
53.7
51.4
18.3
21.8
23.7
24.2
25.1
109
132
151
153
132
106
112
124
117
118
124
128
120
135
116
20
23
25
24
140, 955
153, 958
156, 721
160, 815
168, 752
124, 584
168, 839
196, 490
204,036
84, 897
71, 544
84, 966
80, 505
89, 726
26
24
33
"98
34
"100
64.0
52.8
63.4
27.3
23.0
33.7
73.4
67.8
100.3 !
39.6
25 9
39^5
15.2
10.4
20.8
33.6
29.3
50.7]
19.2 i
16.3 i
22.7
104
110
135
96
91
115
125
"13 "149,655
"13 "124,797
"23 "153, 112
157, 314
127, 370
92. 096
74,600
82,328
1
Adjusted for seasonal variations.
2
Weekly average.
88
"4-month-average.
14
SUEVEY OF CURRENT BUSINESS
July 1934
Iron and Steel Industry
\ FTER a slight recession late in May, activity in the
ing this period was approximately half again as large
-*—*- iron and steel industry again turned upward and as a year ago, while pay rolls were considerably more
in the early part of June steel mills were operating at than twice as high.
the highest level of the year. This contraseasonal
Pig-iron production in May exceeded 2,000,000 tons
expansion in output was partly attributed by the trade for the first month since April 1931. On a daily average
to the desire to forestall possible strike interruptions basis, the gain over April amounted to 14 percent and
and to specifying against expiring second quarter con- almost twice as many furnaces were in blast as during
tracts on the part of consumers. According to trade May 1933. The tonnage of pig iron produced in the
estimates, the rate of operations during June averaged first 5 months of the year was two and a half times as
close to the officially reported rate of 58 percent in large as in the corresponding period of 1933. As in
May. In June 1933 the operating rate was at 46 the case of pig iron, the upward trend in steel producpercent. Tin plate mills were particularly active. tion has been continuous since last Novembe.r. For
The demand for this product has been heavy since the the first 5 months of this year the average rate of
first of the year, and in recent weeks activity at the operations has been 47 percent of capacity, as against
mills has been holding around 75 percent of capacity. 23 percent in the same period of last year.
Steel mill activity during May was only slightly
vSteel shipments of the United States Steel Corporalower than the peak level reported last summer. tion during May totaled 745,000 tons, the largest
Reflecting the broad advance in general operations volume for any month in 3 years. The 16 percent
during a period when the industry usually experiences increase over April was ascribed partially to the
a recession in activity, the Federal Reserve Board's deliveries against previously placed contracts, as no
adjusted index of production rose 8 points to 85 percent perceptible increase has been apparent in actual conof the 1923-25 average monthly level. With the sumption and some of the major consumers, the autoexception of last July, output was at the highest rate mobile industry, for example, have needed less steel
currently due to declining production.
since August 1930.
Employment and pay rolls in the industry have
The downward tendency which had prevailed in
followed the upward trend of production. The relative steel scrap prices, from March to the early part of
gain in pay rolls in May was more marked than in June, has been arrested and prices have recently moved
employment. The number of wage earners employed slightly higher. Quotations for most finished iron and
in steel works and rolling mills increased 5 percent steel products have continued unchanged in recent
during May, while the advance in wage payments weeks at the higher prices which were announced in
amounted to 11 percent. The number employed dur- April.
IRON AND STEEL STATISTICS
Genera! operations
Production,
adjusted i
Year and month
EmPay
ploy- rolls,
Ex- Imment, unadad- justed ports ports
justed'
Monthly average,
1923-25 = 100
1931: May .
1932: May
1933:
May
June -.
July
August
September
October
November
_ , . _. ..
December
1934:
January
February
_ _ __
March
April
May
. .
M o n t h l y average, J a n u a r y
through May:
1932 .
1933
1934
Iron and
steel
Pig iron
Production
Furnaces
in
blast
Thousands of long
tons
Number
United
States
Steel
Corporation, j
ProNew Ship- finished!
duc- Per- or- ments
prodtion cent ders
ucts,
of
shipcaments
pacThou- ity
sands
Thousands of
Long
of long
short tons
tons
tons
Steel ingots Steel sheets 2
Prices
Iron
and
steel,
composite
Steel
billets,
Bessemer
(Pittsburgh)
Steel Finished
scrap i steel,
(Chicomcago) posite
Dollars per long ton
: Dollars
per 100
j pounds
67
29
72.6
53.6
63. 7
30.7
95
80
37
40
1,994
784
105
53
2, 552
1,125
46
20
149
91
192
107
764, 178 !
338, 202
31.39
29.62
29.50
27.00
8.88
6.40
2.21
2. 17
49
72
100
80
66
61
47
01
50.4
55.6
62.8
68.7
70.9
69.4
68.1
67.6
29.8
36.2
41.4
50.0
47.5
47.6
43.3
43.7
123
103
88
119
109
165
158
185
26
34
53
47
56
47
29
31
887
1,265
1,792
1,833
1,522
1,356
1, 085
1, 182
63
90
106
98
89
79
76
75
2,002
2,598
34
46
59
49
41
37
27
33
144
247
174
159
145
79
88
110
119
153
174
174
164
175
99
112
455,302
603, 937
701, 322
668, 155
575, 161
572, 897
430,358 ;
600,639
28.45
28.73
29.81
30.04
31.30
31.59
31.59
32.42
26.00
26.00
26.00
26.00
26.00
26.00
26.00
26.00
8.45
8.91
10.41
10.45
9.84
9.33
8.56
8.94
2.08
2.09
2.17
2.17
2.20
2.26
2.26
2.31
56
84
67
77
85
64.9
66.4
69.1
71.5
74.2
41.1
45.7
51.3
56.8
61.2
178
151
261
202
242
23 1 1, 215
25 1 1, 264
38
1, 620
27
1, 727
2,043
29
87
89
96
110
116
1,997
2, 212
2, 797
2, 936
34
43
48
54
58
209
184
158
272
246
131
147
201
184
241
331,777
385, 500
588,209
643,009 ;
745,054
32.42
32.42
32.40
34. 18
34.77
26,00
26.00
26.00
26.75
29.00
10.50
11.00
12.13
11.75
10.95
2.31
2.31
2.31
2.40
2.53
36
33
70
57.4
48.1
69.2
34.4
24.9
51.2
54
83
207
35
24
28
60
48
100
1,357
1,278
24
23
47
105
100
214
112
89
181
392, 229
321, 697
538, 710
29.71
28.39
33.24
27.15
26.00
26.75
7.04
6.04
11.27
2.15
2.09
2.37
i Adjusted for seasonal variation.
908
635
1,574
3, 204
2, 901
2,313
2, 112
1, 541
1, 820
3,397
2,668
3
Black, blue, galvanized, and full finished.
15
SUEVEY OF CURRENT BUSINESS
July 1934
Textile Industries
in the textile industries has tended
ACTIVITY
downward during May and June. The complete
shut-down which was in effect in the silk industry for
1 week in May resulted in a substantial curtailment of
output and a reduction in surplus stocks. Other
branches of the industry which did not resort to similar
action in May reported a declining trend in both production and new orders. A general curtailment of
operations in the cotton-textile industry became effective on June 4.
Slackening in demand has had some effect on wholesale price quotations, but price recessions up to the
middle of June have been moderate. The composite
index of textile products receded 1 point to 72.5 percent
of the 1926 average in the 5-week period ended June 16.
Raw-cotton consumption, per working day,
amounted to 19,614 bales in May, compared with
20,791 bales in April, and 23,277 bales in May 1932.
While consumption in May was considerably less than
in the corresponding month a year ago, otherwise it
was the largest May total since 1929. Spindles were
operated at 98.2 percent of single-shift capacity during
May, a reduction of 6 percent as compared with the
preceding month. Operations in the weaving industry were maintained at a relatively high level,
although production in May was less than in each of
the 3 preceding months. Shipments and sales
were off more sharply than production, being equivalent to 85^percent and 58 percent, respectively, of
the output. Stocks rose rapidly and at the end of
May were equivalent to more than 10 weeks' sales
at the May rate of incoming business.
While consumption of raw silk was slightly higher
in May than in April, the seasonally adjusted index
declined. Spindle activity dropped sharply. Twisting spindles, which were operated at 49 percent of
capacity in April, dropped to 32 percent in May.
5-B spindles were operated at 46 percent of capacity
in April and at 39 percent in May. The curtailment
of weaving operations resulted in a 22-percent drop in
the production of stock-carrying mills in the latter half
of May as compared with the first 15 days of the month,
and a drop of 54 percent as compared with a year ago.
In the first half of May, output was 9.1 percent
lower than in the preceding semimonthly period and
30 percent below a year ago. Stocks on hand were
reduced by 8 percent between the 15th and the 31st.
Raw wool consumption underwent a further shrinkage in May, the decline as compared with April
amounting to 6 percent, but machinery activity was
only slightly changed. Combing and worsted spindle
activity increased, while woolen spindle hours were
the same as in April. Weaving output was higher, wide
loom activity advancing from 55 to 58 percent of capacity, and carpet and rug looms from 39 to 43 percent.
On page 53 of this issue may be found a new series
on production, shipments, and stocks of hosiery.
These data are compiled by the Hosiery Code Authority and represent mills having about 95 percent of the
output of the industry.
1931: May
1932' May
1933:
May
June
_
July
August
September
October
November
December ._
_
1934:
January _ _
_ _
February
March
April
May
Monthly average, January
through May:
1932
1933
1934
MonthMilly avRunlions of
erage,
ning
1923-25= bales spindle
hours
100
97 "4657363" 6,733
59 332, 372
4,592
Thousands of
yards
Month- Thouly avsands
erage,
of
1926= pounds
100
69.2 44, 966
52.9 16, 519
Percent of active hours
to total reported
60
30
66
25
45
18
58
28
__ft
Monthly av- Bales of Percent of active hours Dollars
erage,
133
per
to total
1926= pounds
pound
100
68.5 45, 073
2.266
58.3 32,923
1.231
620, 561
697, 261
600, 641
588, 570
499, 486
503, 873
475, 368
348, 393
8,329
9,299
8,128
7,942
7,058
7,261
6,796
5,095 86, 517 137,661
57.9
67.1
80.2
93.5
91.3
88.8
86.0
85.5
46, 898
58, 688
57, 377
55, 694
50, 467
51, 037
43, 466
33, 570
77
100
108
99
82
68
63
54
72
92
96
83
69
65
60
46
46
53
54
51
48
41
39
27
66
87
97
87
73
62
64
57
61.5 47, 151
68.8 53, 627
72.3 44, 597
78.9 42, 852
82.7 ' 31, 185
84.5 28, 521
84.4 34, 822
84.3 26, 959
87
91
94
90
89
508, 034
477, 890
543, 690
512, 703
519, 765
6,970 99,901
6,692 104, 920
7,720 131,426
7,260 122, 951
7,379
106, 280
104, 949
99, 614
106, 388
86.5
88.6
89.1
88.2
86.3
35, 968
34, 348
36, 119
29, 889
28,213
70
76
75
70
70
52
48
44
39
41
34
39
38
40
40
67
69
66
55
58
84.3
84.3
84.0
82.0
81.0
40, 942
39, 021
44, 080
37, 392
38, 740
76
88
90
414, 745
499, 498
512,416
5,908
7,005
7.184
55.3
51.6
87.7
26,907
33, 866
32, 907
42
58
72
39
50
45
22
35
38
43
56
63
61.4
54.9
83.1
44,033
41, 373
40, 035
« Printed only.
!
Grease equivalent.
Wholesale price,
raw, Japanese,
13-15 (New York)
1
Operations, machinery activity
Spinning
spindles <
2
'£•
3
Narrow
looms
«j
Silk
Broad
looms
Looms
Narrow
Worsted
Spinning
spindles
W h o l e s a l e price,
woolen and worsted
goods
Wool manufactures
Woolen
PI
Consumption 3
&&
Wholesale price,
cotton goods
Production
Cotton cloth
finishing
2
Wool
108
133
130
114
99
91
89
78
Adjusted for seasonal variation.
1
Cotton and manufactures
Spindle activity,
total
Cotton,
raw
Mill consumption
Year and month
Production index, adjusted i
TEXTILE STATISTICS
34.8
35.5
41.6
46.2
33.6
31.1
34.8
29.1
52.8
64.3
62.3
54.9
32.0
37.0
36.6
35.8
* Twisting spindles.
39.2
1.586
2.155
2.273
1.881
1.889
1.647
1.465
1.416
56.0
62.5
59.7
48.6
31.5
1.453
1.550
1.405
1,318
1.284
51.7
1.623
1.320
1.402
i
16
SURVEY OF CURRENT BUSINESS
Julv 1934
FACTORY EMPLOYMENT—FEDERAL RESERVE l BOARD (ADJUSTED FOR SEASONAL
VARIATION)
Food and kindred
products
Chemicals and allied products
ft
o>
ft ft
1
e
Year and month
1
£
.«
5
A
w
0
ll
•a 2
g*
£
i
i
%
i
i
£
1 -3«
i
M+*
i c«
.£
si
II : i|il| ll3
*> C M
f I" ; II i i
a.
; a-
Iron and steel and products, i Leather and products
not including machinery
g
1
: £
tt
S-ai
S2i
C
st
?:
e-w
!
I * ' r.
•s^
•Sfio
1
®
I
£
S8*
fl"3
§*> M
*G%
- «g
T3
afi£
!
gi
"1
Jje !
Saf
5 « «« 3*
§fi«
3 *- « :
£o£
QC
s \
!fi
•e
|s
i
A
jD
c»
I
S
1
I
%
s
J
Monthly average 1923-25 = 100
I
1939
111.7
112.8
114.6
115.4
113.1
113.5
106.9
108. 3
109. 7
111.0
111.4
110.4
111.6
119.7
116.8
117.8
115.6
115.4
111.6
113.9
116.7
118.7
121. 8
123.0
238.4
July
August
September
October
November
December
115.1
117. 6
117.5
119.0 i
117.8 i
116.4
110.2
113. 3
109.5
108.1
105. 4
106.4
117.3
115.7
116.4
117.0
117.2
116. 1
125.3
128.2
130.6
134.4
134.9
132.9
241.8
Annual index
115.4
109.2
116.4
115 4
114.9
113.8
111.4
i 110. 7
| 109.9
103. 1
101.3
99.6
99.4
101.4
99.3
!
109. 5
;
109. 4
!
'•
107.3
105. 6
103.3
102. 5
January
February
March April
May
June
January
February
March
April
May _
June
1930
July
August
September..
October
November
December .
Annual index
January
February
March...
April
May.
June.-.
i
1931
.
!
.i
i
i
July
August
September
October
November
December
!
i
i
.:
Annual index _..
111.9 j
111.7 '
110.7
115.7
111.8
110.7
118.1
120.4
121.6
121.8
122.7
123.0
97.8
96.3
95.7 !
95.9 i
96.4 !
96.4
101.3
100.5
100.6
101.4
102.9
104.4
101.1
100.2
100.4
101.7
103.7
106.0
110.6
110.4
110.1
109.3
110.4
111.0
255. 7
251.3
113.7
113.6
112.2
114.0
115.1
114.4
124.4
125.6
125. 9
126.5
126.1
126.6
96.7 |
96.7
97.4
97.8
96.8
96.6
105.0
105.6
104.7
103.7
102.2
98.4
106. 8
107.4
105.6
103.8
103.0
98.4
111.4
113 4
113.8
113.1
111.7
109.2
124.3
244.4
113.0
123.6
96.7
102.6
103.2
111.2
113.1
112.0
109.2
109.3
110.2
110.2
134. 3
134.0
131.8
128. 2
126.9
125.9
248.9
247.9
252. 3
251.1
246.2
244.0
113.0
112.0
111.0
111.9
111.4
109.4
126.1
125. 4
123.7
124.2
123.4
122.4
95.9
96.4
95.2
94.2
93.5
94.1
97.8
97.3
95.3
94.9
94.4
92.3
98.4
98.5
96.4
96.6
96.4
94.4
101.2
102.2
99.0
98.2
95.8
94.2
109.3
106.8
106.0
104.4
104. 2
103. 8
124.4
123.7
120.4
118.5
115.4
116.0
243.3
238.4
237.4
233.0
233.5
229.8
109.4
107.0
107.8
107.1
106.0
104.0
121.8
120.9
119.4
118.0
116.3
117.1
91.9
90 2
90.0
89.0
89.0
86.4
89.3
85.4
82.7
81.8
80.2
78.7
"••
108.2
125.0
242.2
109.2
121.6
92.2
92.1
90.7
88.6
86.2
86.7
86.2
103.8
106.9
105.0
103. 9
103.7
101.0
97. 1
95. 9
96.4
98.1
97.4
96.5
115.4
113.4
102.6
110.6
111.6
107.3
216. 1
218. 8
115. 9
115.4
114.8
114.2
114.4
112.8
I
87.5 1
86.1 i
85.6
86.0
85.9
84.1 '
95.7
93 7
92 2
91 5
90.2
89.5
86.4
83.6
83.7
82.4
78.9 |
76.0
104.3
104.2
105. 0
102.4
100. 1
97.9
94.9
94.4
92.8
90.5
88.8
88.8
104.3
102.4
100.9
102.1
101. 5
102.1
252.8
257.2
251.6
253.1
248. 9
248.2
97.1
113.7
96.4
113.9
95.7 | 111.2
93.7 1 109. 8
92.0
107. 3
91.9 | 107. 5
95.2
85.1
103.2
94.3
106.2
241.9
97.9
109.4
100. 5
98.8
95.6
98.4
98.9
97.1
229.8
235.9
242.5
248.4
!
97.3
98. 3
98.7
99.5
100.3
97.8
94.7
94.6
94.2
95.3
92.6
90.9
98.5
98.7
91.2
107.4
104.6
103.0
102.8
102.9
102.4
97.4
96.3
95. 4
97.1
95.1 ;
93. 6 '
96.1
95.3
94.4
96.3
94.0
92 6
87.9
86.7
86.1
87.4
87.3
86.4
90.8
86.3
83.2
82.3
80.7
79.1
100.4
96.4
94.9
91.9
90.6
90.2
91.5
90. 0
87. 6
85. 4
82. 8
82.1
90. 3
88.8
86.4
84.0
81.9
82.2
86.3
85.4
83.6
83.0
79.3
75.9
89.2
90.3
99.0
91.2
90.2
84.6
76.5
74.9
74.9
74.4
72.6
70.4
77.0
75.5
75.4
75.0
72.7
69.7
86.8
83.5
82.7
80.2
78.0
75.7
92.1
91.6 i
90.6
89.7
87.5
83.1 ,
82.8
83. 1
85.9
8S.1
87.7
87. 6
82. 8
83.4
86.8
89.4
88.9
88.4
76.2
75.7
76.7
77.6
78.6
79.5
82.6 i
83.0
82.1
82.0
82.2
82.1 i
69.8
68.2
65.2
63.6
62.7
62.3
68.9
66.2
62.4
59.8
58.7
58.9
75.3
75.3
72. 1
68.4
67.9
66.8
82.4
80.7
76. 2 i
76.4 !
76.6
78.3 r
88. 4
88.1
85. 0
80.8
74.2
80. 1
89.1
88.7
86.2
81.8
75.0
82. 3
81.8
81.7
77.8
75.2
71.7
70.3
112.6
84.1
69.6
G8.4
76.1
83.8 1
84.3
85. 3
76.9
91.4
91.0
89.7
88. 3
87.5
86.8
106. 6
105.3
105. 5
104.4
102.7
100.8
81.4 i
81.0 !
80.7
80.4
80.9
79.4
60.6
59.4
57.7
55.7
53.6
52.3
58.0
57.2
55.6
54.0
52.2
50.8
64.4
61.0
59.4
56. 1
53.0
50.5
78.5
75.1
74.9 •
72.6
70.4 ,
73.2
79.9
81.9
83. 0
83 2
78. 3
77.0
•86.6
82.6
35. 0
86.4
80. S
80.0
69.7
70.7
69.8
70.9
69.0
65.7
99.6
99.7
97.7
98.4
96.8
97.7
78.6 I
79.7
80.8
79.9 i
78.3 >
75.9
50.1
48.8
49.4
50.8
51.3
50.1
48.3
46.8 !
47.3
49.1
49.6
48.8
47.2
46.4
44.3
42.9
42.8
42.9
71.3 •,
69.7 !
75.8
76.1
75. 7
73.1
74. 4
76. 7
78 3
80.4
65. 5
66. 1
67.6
70.7
72.0
71.2
105.4
103.0
102.6
99.0
99.9
97.8
i
j
104.3
99.8
100. 6
100.8
103.7
101.7
99.5
102.7
100.8
98.8
97.6
97.3
96.1
71.8
71.9
70.6
71.5
71.3
70.8
86.3
86.0
84.2
84.8
85.8
86.9
80.9
79.3
79.3
79.6
79.2
78.2
93.9
92.4
93.3
92.9
93.1
94.8
246. 7 1
84.0
84. 2
84. 9
85.2
84.6
83.8
76! 9
76.7
79.5
81.1
83,0
79.4
78.4
84.2
72.9
90.3
82.2
96.1
217.0 I
86.8
101.3
79.8 |
53.3
51.5
50.9
73.9
79.0
81.6
69.1
84.0
84.8
83.9
83.2 1
87.1
91.9 j
71.9
72.8
72.9
72.3
76.7
82.1
89.4
86.4
84.4
85.2
84.9
86.8
76.2
75.3
73.6
76.1
80.8
86.1
94.7
95.1
94.9
94.2
95.4
96.0
250.6
250.4
238.4
223.7
246.9
87.0
87.2
85.0
89.0
91.1
91.7
97.8
97.5
96.5
97.3
96.8
97.0
75.3 !
76.4 i
77.6 I
78.9
81.4
83.3
47.8
48.9
46.2
47.4
50.4
55.6
46.8
48.2
45.0
46.2
49.1
54.8
41.7
40.8
41.4
41.4
40.8
41.8
71.4
72.7
69.9
70.2
72.2
75.4
77.4
79.2
78.2
79.0
82.2
86.9
79. 4
81.6
80.8
82.4
84. 2
88.0
69.5
70.6
68.8
66.3
74.8
83.1
91.2
90.1
96.5
100.3
90.5
103.0
93.1
105.5 i 101.7
102.1
95.4
106.9
101.9 i 98.4
i 106. 6
101.4
101.4
106.6
92.2
96. 1
95.2
93.7
91.8
91.6
94.8
97.1
103.0
109.0
111.1
112.6
92.0
97.4
103.2
330.3
331.3 ! 104. 6
102.3
332.0
322. 0 | 101.7
98.0
102. 4
107. 0
108. 4
107. 4
107. 7
85.7 1
96.1
103.2
100.7 1
97.9
93.9 !
62.8
68.7
70.9
69. 4
68.1
67.6
63.0
70.4
71.9
70.7
68.7
68.1
44.6
48.1
52.4
53.4
53.2
53.1
78.7
83.8
87. 1
85.2
87.7
89.8
88.9
89.7
87.3
86.7
80.9
82.4
89.0
S8.8
86.0
85.6
79.4
80.6
88.8
93.6
92.4
91.4
87.2
90.4
85.7
99.8
101. 2
87.5
58. 6
58.6
46.1
78.7
83,2
S3. 8
81.4
79.1
77.9
81.9
82.7
83. 3
83.8
(
!
Annual index
Annual index
247.4
246.5
253.5 1
88.2
87.9
86.9
88.1
89.4
91.2
87.9
86.6
86.3
84.9
82.5
81.6
July
Auerust _ _
September...
October
November
December
_.. _ ..
- -
226.4
232.3
93.6
93.8
93.4
95.0
96.7
96.4
97.7
96.5
96.4
93.4
94.1
91.3
Mav
June
July .... _ _ „ .
August
.__ ___
September
October. . . .
November
December
249. 1
95.3
95.2 i
94.8 !
96.3
98. 1
98.2 !
75. 5
74.7
75.1
74.4
74.8
72.8
89.6
89.1
88. 2
87.2
87.0
80.4
January..
Februarv
March
April.
May
June
248.4
j
1933
January
.. _ .
February.. _
March
April
1933
122.3
242.1
...
_
_ _.
..
.
95.0
i
;
1
!
!
|
87.2
90.6
251. 6
250.4
241.3
233.0
218.1
156.7
i
155.7
155.7
219.8 !
234.5
239.9 i
1
i
i
i
!
260.1 :
281.4 !
316.1 !
281.9
94.4
I
i Computed by the Federal Resene Board from original data compiled by the United States Department of Labor, Bureau of Labor Statistics. A brief description
of the indexes of the Bureau of Labor Statistics was given on page 16 of the June 1934 issue of the Survey of Current Business. A complete description of the methods used
by the Federal Reserve Board in adjusting these indexes, together with a complete record of the seasonally adjusted indexes from 1919 to date, may be found in the June
1934 issue of the Federal Reserve Bulletin.
NOTE.—1934 statistics are on pages 27 and 28.
17
SURVEY OF CURRENT BUSINESS
July 1934
FACTORY EMPLOYMENT—FEDERAL RESERVE BOARD (ADJUSTED FOR SEASONAL
VARIATION)—Continued
Machinery, not including transportation equipment
Lumber and allied products
%
fi
*sfi
Year and month
i
2
3
ifi
1
"3
i
S
i
'«
fcj
1
H
i
B
i
w
s
1 i |
1 j^
s
•^•S
PS
4)
1
.S
MS
-
as
•P
&D
^
i
«ett.
•e e.
fi o
»
ce
1l i a£
~ft
P P 0 -
ii 2 «£
ii
g
sf ; 1 iifgi
j
i
i
CrtO
II
V
! -c
| fi
£
oe
*"!3 S
I -£s
Nonferrous metals
and products
a £ ili •§f i
«•§,
— £ i ^ S "i
w «S
j
{ fOe f i f t
Paper and
printing
•a «
ii
g
S is ! i ^
$ I; ,£
•g : i •§
o«g
g
tl
!
1
Railroad repair
shops
3A
1
fi
•O
"S
ce
fi
•ert
O
i
I i 1 i
CS
1
**
5
3
8
£
•a
2
s*"
§
9.
Monthly average 1923-25 = 100
1929
January _ _ _ _ _
February
March
April
May
June.__ _
94. 4
94. 4
95 2
96. 0
96. 4
96.7
110.4
110.4
110.9
111.8
112.4
112.4
87.2
86.2
88.4
87.7
87.8
87.9
116.2
86.2
86.2 1 118.3
86.8
121.3
87.8 ! 123. 5
88.2 | 127. 1
88.7 | 130. 1
147.4
149.4
151.1
158.2
158.3
157.2
111.2
114.1
117.7
121.5
126.8
132.4
106.9
108.7
110 6
111 9
112.7
113.5
July
August
September-October
November
December .
97.7
98. 4
97.0
95. 2
93.0
90.6
115.2
115.4
116.1
113.8
109.9
104.3
87. 9
87.1
84.8
80.7
76.1
72.8
89.2
90.4
88.6
87.5
86.6
85. 4
133. 4
133. 4
130. 0
129. 8
125. 4
120. 8
157.3
147.9
138. 9
136. 9
135.4
135.0
135.8
136.5
136.9
136.0
131.6
126.7
114.1 ! 272.0 i 1
113.7
274.2 i
112.2
223. 7 i
112 6 ' 2^ 4 <
110. 1 ' 197. 7
108.8
138.9 ;
95.4
111.9
84.6
87.6
125, 8
147.8
127.3
111.3
105.6
104.1
102. 7
101.5
99.3
96 6
_
!
j
Annual index...
1930
j
S
1
!
|
I
;
!
j!
•j
119.6
121.0
121.6
194 d
123. 7
i 123. 7
114.8
114.6
114.6
118.4 ;
119.4
120.6 I
107.0 ! 103. 1
104. 0
108.9
104.4
108.8
109.4
105.0
110.2
105.1 1
111.2
106.1
83.7
84.1
83.6
82.4
82.4
81.9
86.6
86.6
89.7
87.2
89.3
86.5
83.5
84.0
83.1
82.1
81.881. 5
1 122. 7
.! 122.6
i! 122. 3
122 9
! 118.4
115.1
122 7 ;'
125! 3
124.8
124.7 !
126.5
120.3 I
112.1
106.2
107.1
113.0
114.2
107.6
108.7
114.0
113. 6 i 108. 2
113.7
108.0
81.7
82.4
82.0
82.8
82.8
81.2
88.6
89.0
87.5
87.9
88.3
86.8
81.2
81.9*
81.4
82.4
82.380.8-
121. 5
120.6
111.3
106.1
82.6
87.8
82.2
109. 5
104. 7
102. 2
101. 2
100. 0
99.4
111.4
116.4
115.5 i
113.5
111.2
108. 8 ;
112.7
112.0
111.4
110.8
110.7
109.6
108.4
108.4
107. 7
106.9 'i
106.4
105.4
80.3
79.0
77.2
75.5
75.6
74.5
87.9
87.6
87.1
87.7
87.3
86.6
79.8
78.4
76.4
74.6
74.7
73.6
!
j
96.4
93. 2
90.1
88.7
87.3
85. 9
106.4
103.3
100.0
97.9
96.7
94.1
108. 5
107.6
105.1
104.1
102.4
102.0
100.8
100.8
98.5
97.2
94.8
94.7
71.2
70.7
70.6
68.5
68.9
68.7
85.3
84, 5
84.5
84.5
84,6
82.3
70.1
69.6
69.6
67.3
67.7
67.6
i
96.6
106.3
108.1 ! 102. 5 !
1
73.4
85.8
72.4
149.6 i
79.2 I
148.2 ! ! 78.3 i
134.2 l! 77.5
138.9 i! 77.3 i
123.7 l i 76.9 i
124.2 j j 75.9 >
82.2
79.3
79. 3
78.3
78.6
76.8
90.4
91 2
88!l
89.8
88.1
88.7
100.4
99.5 i
99.0
99.1
99.1 !
97.0 |
91.9
91.6
91.1
91.0 |
91.6 i
89.7 I
70.2 1
69.8
67.8
66.4
65. 8
64.2
81.7
81.9
82.0
81.7
81.2
80.2
69.3
68.8
66.7
65.2
64.6
63. 0
96.3
95. 9
93.7 I
93. 4 1
91.8
91.0
89.8
89.8
87.8
87.8
86.3
85.2
62.6
62.0
61. 3
60.4
59.6
59.1
78.4
76.8
76.9
76.6
77.0
76.6
61.4
60.9
60.1
59. 2
58.357.8
| 155.7 j,
! 156.8 1 170 9 |
173 1 '
i 209.4 i
! 222.3 i
201.4 i
j
;
!
i
!
!
i
132.1 !
131.2 '
122. 2 i
106.2 i
110.7 !'
114 9 !•
102.9
99.7
99.6
98.2
95.0
91.9
93.4 !
88.7 !
87 3 1
85. 1 1
83.2 1
82.5 i
135.7 !
148.0 !
152 4 i
16?. 6 i:
171.4
161.2 |i
109.9
107.1
94.2 1 137 4
89.1
87.9
85.9
84.4
82.1
79.3
92.4
88.2
77.6
71.4
62 2
57.9
90.2
89.7
88.5
87.4
85.0
82.6
78.8
77.4
76.1
74.6
74.4
71.1
-41.0 ;
39.2r>
37 35. 9
33. 8 i
29. 9 i
76.4
72.9 !
72. 1
69. 5
69. 5
50.3
45. 7
46.4
47.2
49. 3
51.4
79.4
76.2
76.1
73. 9
71.1
70.1
68.5
128.0 i!
64. 5
121.4 jj
64.1 : 113.2 i !
62.4 : 105.4 i!
62.0 116.6 i
62. 1 ' 116.4 i
74.7 :
72.0
71.6 !
69. G !
67. 8 1
66.7 j
74.8
71.6
71. 6
69. 8
68. 4
67.3
86.3
85. 4 i
84. 9 !
80. 4 !
76.4
75.1
51.2
41.2 |
j
78.3
61.7
80.9
60.7
126.7 : j
74.0
74.8
85. 4
j
96.4
89.5
64.1
78.3
62.^
67.3
69.4
64.4
61.2
57.9
54.6
43.0
40.4
39.4
36. 9
36.2
34.8
28.9
27.8
26.9
26.8
26.0
25.7
1
'
1
!
67. 4
66. 6
64. 6
61.0
58. 5
oo. 4
52.2
54.0
53.1
47.8
38.4
31.0
69.3
68.3
66.8
63.2
60.8
57.5
58. 7
57.3
55.2
53.1
51.3
48.8
135. 5 '
128.9 i
125.5 i
106.4 :
106.7 : i
103.4 ;
64. 9
64.2
62.8
60.3
58.4
57.0
65. 5
63. 9
S 5 '?
56' 0
73.0
72, 8
72.6
71.3
71.2
69.3
|
i
j
!
!
:
90.0
88.9
88.0
87.4
86.0
84.4
85.0
85.4
85.6
84.0 !
82.5
80.6
56. 2
56.9
56.7
56. 6 !
55.0
51.6 i
76.3
75.4
74.4
74.3
72.9
72.3
54,7
55.4
55.4
55.2
53.6
50.1
38 5
37.8
38. 9
40.0
39. 4
39 1
52.1
50.8
53.7
54.6
54.0
54.4
33.2
32.8
32.9
32.6
32. 6
32.2
25.0 '1
24. 7
25.1
26.2
25.7
25. 1
"2 r)
49! 9
49.4
50.0
50.9
51. 1
29.3
31.9
31.1
28.2
32.5
36.2
53.4
51.5
48.7
47.6
47.3
46.8
47.7
95.4
44.9
84.0
45.6
74.9
46.7
82.7
47. 4 , 93. 2
47.5
101.3
51.4
53.9
55.6
56.2
56. 7
55.3
53. 8
53. 3
54.4
55.4
56.3
55. 1
64.4
65.4
70.4
67.7
70.8 !
67.7 ;
83.1
81.9
82.7
83.6
82.6
81.7
79.4
79.4
81.4
82.7
82.5
80.1
50.4
48. 1 !
49.7
52.1
54.2
53 4
71.0
69.4
69.3
68.2
68.3
68.7
48.8
46.4
48. a
50.853.1
52.2
41.2
57.9
35.6
28.2 |
50.4
38.8
56.8
50.4
103.2
58.1
57.7
69.7
85.0
82.4
53.4
71.7
52.0
37.7
36 9
35.1
35 5
38 2
42. 6
53.6
53.3
49.7
50.9
56.4
61.6
30.2
30.4
28.0
29.2
31.4
34.5
24.1
23.0
22.1
22 4
23'. 3
26.6
!
49.0
49.3
47.8
48. 3
50.5
54.4
36.9
39.1
37.3
36.2
34.3
38.8
44.7
44.7
43.6
44.0
45.5
48.0
44.5
44.3
42.3
42.7
44.5
48.4
100.8 ;
110.4 '
119.8
125.0
141.7 :
149.0
52.9
52.6
49.8
51.3
54.4
59.1
52.3
51.1
48.0
50.4
54.9
62.2
63.6 \
67.2
60.5
65.3
69.0 :
75.2 ;
81.1
81.4
79.8
80.2
81.3
83.1
79.3
79.6
79.5
79.7
82.1
84.9
52.4
51.5
50.9
47. 8 |
49.4
48.0
68.3
67.7
67.1
66.6
66.2
65.6
50. 3
49.6
46.4
48.2
46.7
65.3
68.6
74.8
72.2
67.3
63.8
38.4
39.2
39.5
38.4
37.2
36.9
32! 7
34.5
35.6
34.4
34.0
;
|
•
i
:
58.6
64. 2
67.9
70.8
72.3
72.4
42.3
45.9
51.4
55.0
57.9
61.4
51.4
55.0
58.4
60.6
60.3
59.4
52.9
143.8 :
59.3 144.3 i :
62.2
146.7 ; :
64.1 i 168.0 |i
63.7
203.2 i
62.8 215.1 |
63.2
70.4
74.8
74.8
71.7
69.2
69.8
76.8
79.2
78.4
75. 6
72.6
81.0
91.3
93.9
93.2 •
79.9 •
79.1 i
85.1
89.9
93.0
94.2
93.0
93.0
89.9
97.6
103.1
104.1
102.2
101.1
51.4
54.0 '
54.8 i
54.7
55.0 i
53.6
65.2
64.7
65.1
65.8
66.6
66.7
50.4
53.1
54.0
53.8
54.1
52.6
61.4
34.4
28.6 1
58.8
44.7
51.3
52.6
62.0
64.3
76.6
86.3
90.3
52.0
66.3
50.9
87. 8
85.3
84.9
8? 8
81.2
78 7
102.3
98.6
97.9
95.9
94.0
91.7
72.3
72.2
69.9
68.4
68.2
66.4
81.4
78.4
78.3
75.7
73.4
70.3
1
;
!
j
I
117.6
115.6
114.1
111.8
108. 7
105. 7
134.6
134.7
135. 0
128.6
123.7
110.4
123. 2
120.0
118.7
116.0
111.5
108.0
July
August.—
.
September
October
__
November
December..
75 1
72. 0
68. 8
68.4
66 0
64. 3
87.7
85.2
82.8
80.2
77.9
76.6
63.4
61.1
57.8
58.4
57. 7
57.8
66.3
62.7
59.2
58.7
55.6
52.9
1 102. 1
! 98.0
I 97.3
i 95.6
! 94. 0
| 92.3
101.3
88.7
90.9
90.7
90.1
90.1
Annual index.
76.3
89.2
64.4
67.8 j 104.4
61. 5
61. 1
60 6
60. 1
59 9
58 6
77 2
76.9
77 4
77.4
77.9
75.8
54.8
55. 1
55. 1
54.2
54.4
52.8
48 8
48.0
46.5
45.7
44. 7
43.8
July...
August
September
October . __ ._
November
December
56.4
55 1
53 4
51.4
50 1
47.8
74.2
73.5
72 3
68. 8
w .«
51.5
50. 6
17 Q
46.0
46. 1
45.4
Annual index..
56.3
73.9
46 7
46. 2
44. 1
42 5
41 1
39.8
January
February
March
April
May
June
.
_ -
1
;:
i
1
1
1
I
!1
1931
January
February
March
April. _ _
May
June
_
!
]
|
1932
January
February
March _
April- _
May
June
JulyAugust
September
October-November
December
67. 5
!
_ ._
.
!
i
i
i
_.
Annual index
!
j
!1
:
1
i
; 70.1
1
i
'
|
i
;
*
!
^
•
:
i
i
|
i
i
|
!
1
!
I
1933
January
February
March
_. .
April
May
June _ _ _ _
.
!
1
July
.-August
September
October
_
November
December .
i
46.7
49 8
52. 9
53. 1
50 9
49 9
Annual index
_j
44.1
'
69507—34
3
1
i
|
147.3
!
!
!
1
I
51. a
18
SURVEY OF CUREENT BUSINESS
July 1934
•S
VI
OJ
~2
! 4
i*
G * ii
3*
Year affid month
Textiles and products
Is
•B
,30 G«*
s.S
•U
M
-* &
I
£
ji
•d
CJ O
Is
ft
e«
B
"flo>
1
GO
«8
3
.£_«j
£
&
5
*&
58
1
manufac-
i
Stone, clay, and glass
products
Tobacco
Rubber products
tures,combined index
i
FACTORY EMPLOYMENT—FEDERAL RESERVE BOARD (ADJUSTED FOR SEASONAL
VARIATION)—Continued
Transportation equipment
i
0.
O>
ss
I%vB !,
£
•gOJ SS3
&
o
W
';
<
••e
ss
|
u
b£
.£
§
'3
»a
3
33
Monthly average 1923-25 = 100
January
Februarv
A/tprch
April
May
Jun6
July
August
iSepterriber
October
November
December
_
.
- --
-
_ __
118.6
118.4
119. 2
117.9
116.2
114.3
96.1
95.1
93.9
94.0
94.2 !
93.7
92.6
90.9
89.3
89.9
91.2
92.0
94.3
93.8
93.4
91.0
90.9
89.7
96.8
97.4 1
96.4
96.8
96.2
95.5
102.9
103.1
104. 1
104.6 1
105.7
106.4
97.7
98.0
98.4
99.0
100.2
100.7
110.1
110.2
112.0
112.5
114.0
115. 2
84.7
86.9
86.0
86.3
84.2
84.4
107.9
110.4
109.6
110.4
106.5
105.3
122.6
125.6
123.3
122.4
115.9
113.7
47.3
50.5
52.2
57.4
60.0
62.1
87.8
86.3
92.2
97.2
101.3
102.1
114.7
114.3
109.8
106.3
96.1
93.1
113.3
111.2
106. 8
102.8
91. 3
87.5 i
93.0 •
94.3
94.4
94.1
93.0
89.7
92.7
92.9
•94. 0
93.7
91.0
86.6
89.6
89.8
89.2
87.9
88.0
87.3
95.0
97.8 !
97.8
97.7 !
98.1 i
94.7 1
106.9
106.4
106.3
105.8
103. 8
101. 7
101.3
100.9
101.1
100.0
97.6
95.3
115.2
114.6
114, 1
114.5
114.2
112.8
84. 1
85.4
82.6
81.8
82. 5
78.2
106.5
103.7
103. 2
96.2
90.0
86.9
114.3
109.7
108. 4
98.4
89.3
84.4
64.5
66.9
70.9
72.2
74.3
78.9
105.7
106.8
108.4
109.0
110.9
111.1
._
110.9
109.8
93.8 i
91.4
90.4
96.7
104.8
99.2
113.3
83.9
103. 1
110.7
63.1
101.6
__
93.8
91.4
91.2
91.3
89.4
88.4
88.3
34. 6
84. 0
84.4
83.7
83.0
85.9 :
35. 4
85.6 !
85.3 ':
83. 9
81.7
78.2
77. 2
77.3
76.9
75.7
74. 3
84.4
84.3
87.6
89.6
91.1
90.3
94.7
94.6
94.3
91.9
89.4
84.4
100.3
98.7
97.3
96.6
95.1
94.1
93.6
92.2
90.4
89.8
88.6
87.6
112. 1
109.7
109.2
108.4
106.3
105.2
81.0
80.0
80.2
80.2
80.4
79.9
87.6
86.4
84.4
85.5
83.8
82.6
84.9
84.4
83.4
85.5
84.0
83.3
82.2
76.2
67.7
62.9
58.7
52.9
112.6
109.8
107.8
108.1
107.7
108.4
84.3 1
84.8
80. 6
80.0
78.0
78.4
78.0 !
77.3 !
73.6
71.6
68. 8
09. 0
78.3
76.5
76.4
75.9
74.6
73.1
71.3
69.6
69.7
68.4
66. 1
63.3
86.0
86.1
83.3
80.9
76.9
74.0
80.3
75.0
75.8
75.4
75.6
75.3
90.3
89.3
89.7
88.8
87.8
86.2
83.7
92.3
81.7
81.0
81.1
79.4
101.8 1
101.8 |
104. 4
102.8
99.7
98.2
80.1
76.0
76.4
75.4
74.7
75.7
79.1
75.8
74.4
72.4
74.4
73.8
79.2
75.0
73.6
72.5
78.0
77.8
51.7
49.6
46.5
41.5
32.8
33.6
107.4
111.5
111.5
108.4
98.6
95.0
86 0
78 9 :
SO. 2
72.3
84.5
83.9
92.7
86.0
105.0
78.3
80.0
80.1
54.7
107.3
77.7
75.8
73.7
74.1
75.3
75.4
69.4
67. 0
66.7
65.2
66.3
65.9
89.9
68.9
68.7 1
68.3 !
68.3 !
66.8
54.9
55.9
56.5
55.5
54.3
53.5
70.7
71.2
71.9
72.1
72.2
67.7
74.4
73.4
73.0
73.1
74.0
74.9
85.0
86.9
88.5
89.1
89.9
88.7
77.6
79.3
81.0
81.2
83.0
82.0
98.3
100.4
102.0
103.5
102.4
100.3
73.9
76.1
75.4
74.1
73.6
72.7
69.8
67.6
68.4
68.8
67.8
67.8
73.1
71.4
73.0
73 9
73.' 5
73.2
35.7
33.5
32.3
30.3
25.6
27.0
90.6
85.3
82.0
83.2
83.4
84.3
74.7
73.8
73.0
71.7 •
71.6
70.4
64. 3 !
64.7 i
63. 1 !
62.4
62.1
61.4
63.6
61.7
60.4
57.7
56.3
54.6
50.7
48.2
47.0
44.1
43.0
39.8
67.2
63.9
60.8
60.4
57.3
56.0
73.0
72.5
71.7
66.8
65.1
66.8
90.1
90.2
88.4
85.1
83.1
82.3
83.3
83.4
81.3
78.0
76.8
76.5
101.7
102.0
101.0
97.4
94.1
92.2
72.9
72.3
70.3
69.6
69.1
65.3
66.4
65.4
65.4
58.1
61.7
67.2
71.4
70.7
70.4
60.7
65.4
73.5
27.1
28.4
29.2
28.8
29.0
29.4
83.7
79.9
81.8
80.7
81.4
78.4
64.9
63.8
50.3
66.0
71.6
87.3
80.3
99.6
72.1
66.2
70.9
29.7
82.9
69.8
69.1 1
68.3
66.4
64.7
65.0
61. 1
60. 4
59. 8
58.0
56. 0
56.1
51. 9
50.8
49.0 j
47.7 j
44.4 I
41.6
35.8
34.3
32.3
31.0
30.2
28.0
54.0
52.9
50.2
47.5
43.9
42.6
65.8
65.4
64.7
62.6
58.3
56.2
81.2
82.8
80.3
75.7
71.1
67.7
75.9
77.7
74.6
69.3
64.7
61.4
90.1
91.0
90.1
87.2
83.2
79.1 i
68.4
66.4
65.2
63.9
62.2
63.7
66.1
65.9
68.0
58.2
56.6
57.9
73.3
72.6
68.8
62.7
61.2
63.7
25.6
29.8
29.8
26.4
24.3
22.7
73.1
71.6
70.3
71.4
70.4
69.3
63.5
64.1
61.9
64.0
64.6
64.4
56. 5
56. 3
54. 6
55. 4
55. 6
55. 0
41.1
40.8
41.6
42.8
43.3
41.5
27.4
28.0
28.3
28.5
27.8
25.4
41.4
39.0
43.1
44.9
44.3
37.7
57.1
53.7
53.4
54.5
57.5
58.0
65.2
72.0
79.7
82.6
81.5
79.7
61.4
69.1
76.2
78.4
76.8
75.6
71.3 !
75.8
84.5
88.6 |
88.9
85.7
63.4
62.9
62.4
63.3
63.8
62.9
57.6
52.4
47.5
43.8
49.4
50.8
63.9
57.3
50.5
44.9
52.4
55.0
23.9
23.0
24.6
28.6
30.4
28.3
65.1
63.1
61.3
60.4
58.0
55.7
65.4
57.1
44.7
29.8
45.1
58.9
76.6
71.8
84.6
64.1
55.8
60.5
26.5
65.8
62.8
62.5
60.5
59.5
61.3
67.4
53. 7
53 8
52. 3
50. 7
54. 2
61.0
38.8
38.7
37.6
38.0
40.2
44.1
22.1
22.6
21.1
21.4
23.1
26.0
36.8
36.3
34.8
38.9
39.3
43.7
58.0
57.1
56.4
59.0
63.4
68.8
77.9
79.4
73.9
77.1
82.3
91.0
74.7
75.1
69.2
71.6
78.2
89.5
82.2 i
85.8 !
81.6
86.7
88.1
90.6 !
59.8
59.0
53.6
52.8
59.5
61.4
52.1
49.1
43.4
42.9
44.7
49.0
57.6
54.4
47.4
47.4
49.0
55.1
26.2
24.1
22.6
20.9
20.8
18.2
52.6
48.6
45.7
41.7
46.1
47.4
76.2
87.9
89.4
89.4
87.0
84.3
70.0
77.9
77.7
75. 1
74.3
48.8
51.4
51.0 !
49.7 !
50. 0 i
50.0
30.8
32.9
32.9
31.1
29.3
28.6
46.7
49.9
45.2
39.8
40.9
38.6
75.0
79.1
78.6
76.9
81.2
83.2
100.2
101.2
98.1
96.1
92.1
87.3
100.7
103.1
98.4
95.8
91.8
88.2
94.8
92.4
93.4
92.7
88.7
81.7
61.0
62.4
60.0
61.9
63.1
61.9
56.7
61.7
65.5
63.9
60.5
65.6
64.0
68.6
72.7
69.8
65.3
71.8
23.0
28.0
27.9
29.1
31.6
34.6
53.5
60.8
68.4
70.7
66.1
67.3
74.0
64.8
44.9
26.8
40.9
69.7
88.1
86.4
88.2
59.7
54.6
60.3
25.6
55.7
- - - - - - . ___- - - -
_
- - _
-
-
_ _
-
- - - -
Annual index
1930
Tiinuary
February
IVIarcb
\pril
_- _
"May
-Jure
_ _ _ July
117.0
116.4
117.4
116.4
115.1
114. 5
. _ __
-
..
._ _
_.
_-
_
-
-
-
-
AU°'USt
-
September
October
November
December
-
__
_ _
__
__ __ _ _ _ _ _ . _ _
Annual index
Tanuarv
Februarv
March
\pril
May
June
1931
_
_
_
-_
_ ,
_ __
July
August
September
October
November
December
-
_
-
--
- .
_ _ _
Annual index. _
74.0
July
August
_September
__
October
November
December _ _ _ _
_
._
-_
_. _ _
..
_ -
Annual index
1933
January
February
March
April
May
June
July
_
August
September
October. _
November
December
. _
_ _ _ _ _ _ _
_ _ _
_ _
- - _
_
_ _ _ _ _ _ _ _
_
_ _
____
_ _ _ _
Annual index
_
_
i
i
1
!
i
i
1932
January
__ February
March
_ __ .
.
April
- -May
June _ - _ - _ _ -
j
1
1939
_
___ _
_ _
19
SUKVEY OF CURRENT BUSINESS
July 1934
FACTORY EMPLOYMENT—DEPARTMENT OF LABOR (WITHOUT
ADJUSTMENT FOR SEASONAL
VARIATIONS) l
[Monthly average, 1923-25=100]
1919
Month
January
February
March
April
May
June
July
August
September
October
November
December
Annual index
- -
105. 3
102.0
102.4
102.5
103.1
104.3
106 9
109 7
111.7
111 3
112.6
114 4
107.3
-
1930
1921
1922
114.9
113. 7
116.0
114.5
112.0
111. 1
108 5
108.8
107.5
103 7
97.4
89 7
108.3
81.0
82.6
83.2
82.1
81.9
81.0
79 8
81.2
83.4
84. 1
84.2
83 3
83.3
82.5
84.6
85.9
85.8
87.9
89.8
88 2
91.4
94.5
97.0
99.0
100 5
90.6
1923
100.7
102.5
104.6
105.0
105. 3
106.0
104 9
105.2
105.7
104.5
103.2
101.4
104.1
1924
100.2
101.5
101.7
99.9
96.8
93.8
91 0
92. 1
94.4
95.3
94.8
96 1
96.5
1926
1925
96.3
98.1
98.8
98.7
98.1
98.0
97 8
99.5
101.5
102 2
101.8
101 5
99.4
1928
1927
100.5
101.5
102.1
101.4
100.4
100.3
99 4
101.4
103.4
103.1
101.4
100 0
101.3
95.0
96.5
97.6
97.1
97.0
97.8
97.7
100.1
102.2
102.6
101.7
101.2
98.9
98 2
99.7
100.2
99.6
99.1
99.1
98. 1
99.3
100.5
99.6
97.4
96. 1
98.9
1929
100.8
102.9
104.1
105.3
105.3
105.6
106.1
107.9
109.0
107.7
103.6
99.8
104.8
1930
1931
97.3
97.4
96.9
96.3
94.8
92.9
89.5
88.8
89.6
87.7
84.6
82.3
91.5
1932
79.6
80.3
80.7
80.7
80.1
78.4
77.0
77.1
77.4
74.4
71.8
71.0
77.4
1934
1933
60.2
61.1
58.8
59.9
62.6
66.9
71.5
76.4
80.0
79.6
76.2
74.4
69.0
68.7
69.5
68.4
66.1
63.4
61.2
58.9
60.1
63.3
64.4
63.4
62.1
64.1
73.3
77.7
80.8
82.3
82.4
FACTORY EMPLOYMENT—FEDERAL RESERVE lBOARD (ADJUSTED FOR SEASONAL
VARIATIONS)
[Monthly average, 1923-25= 100J
Month
1919
107 5
103.2
102. 1
102.5
103.4
104.4
107 1
108.4
109.4
109.2
111.7
114.5
107.0
January
February.. .
March
April...
May
June
July
August
September. October
November
December
Annual index
1920
1921
82.4
83.3
82.9
82.1
82.1
81.4
80.3
80.6
81.9
82.6
83.4
83.3
83.3
117 2
115.0
115.7
114.4
112. 3
111.2
108 6
107.4
105.2
101.9
90.4
89 6
107.9
1923
1922
84 0
85. 3
85.8
86.1
88.2
90.1
88.8
90.7
92.8
95.6
98.3
100.6
90.5
102 6
103.1
104.1
104.7
105.4
106.4
105. 9
105.1
104.0
103.4
103. 2
102.0
104.3
1924
101 8
101.8
101.1
99.6
96.9
94.3
92.0
92.1
92.9
94.0
94.7
96 6
96.4
1925
! 1926
97 8
98. 4
98.4
98. 5
98. 3
98. 6
99. 0
99. 3
99. 6
100.7
101. 7
102.2
99.4
1927
1928
102. 3 100. 0
101. 9
100. 2
! 101.7
99.9
1 101. 1
99. 5
1 100. 7
99. 4
100. 9
99. 5
i 100. 5
99. 2
i 101. 1
98. 9
! 101. 4
98. 4
i 101.5
97.8
101. 3 ! 97. 4
i 100.8
97.0
101.3 ! 98.9
96.8
97.1
97.3
97.0
97.3
98.1
98.4
99.4
99.9
100. 7
101.8
102.3
98.9
1929
103. 1
103. 6
104.-0
105.1
105.4
105.9
107.0
107.2
108. 3
105. 5
103.6
101.0
104.8
1930
1931
1932
1933
70.2
70.1
68.4
66.1
63.7
61.6
59.6
60.0
61.8
63.0
63.2
62.4
64.3
99. 4
81. 7
98. 1
81. 1
96.8
81.0
96. 1
80. 6
94. 9
80. 3
93. 2
78. 8
90. 3
78. 0
88. 2
76. 8
87. 0
75. 2
85. 8
72. 9
84. 7 1 71. 6
83.3 ! 71.5
91.5
77.4
61.4
61.7
58.9
59.9
62.9
67.4
72.5
76.4
78.0
77.8
75.9
75.0
69.0
1934
75.1
78.4
81.0
82.2
82.4
FACTORY PAY ROLLS—DEPARTMENT OF LABOR (WITHOUT
ADJUSTMENT FOR SEASONAL
VARIATION) l
[Monthly average, 1923-25=100]
1919
Month
95.3
89.6
90.0
89.2
90.0
92.0
94.8
99.9
104.7
102.2
106.7
114.0
97.4
January
February
.
. _
March. .
..
April
May
_ . - _-_
June
July_
August
September
- ... _ _
October
November __
December___
..
Annual index
1920
1921
117.2
115.5
123.7
120.9
122.4
1922
82.8
81.3
81.7
79.0
77.3
75.4
71.7
73.9
73.4
72.6
71.7
73.3
76.3
124.2
119.3
121.6
119.8
115 8
107.0
98.0
117.1
1923
69.6
72.4
74.9
73.8
77.2
80.5
78.5
83.0
87.0
89 5
93.4
95.7
81.3
94.6
97.9
102.5
103.8
107.3
107.5
103.3
103.8
104.3
106 6
104.5
102.9
103.3
1924
98.8
104. 1
104. 1
101.8
97.5
92.4
85.7
89 3
92.5
95 1
93.7
97.6
88.1
1925
1926
95.4
100.8
102.4
100.0
100.7
98.7
96.8
99.3
98.8
104 6
104. 0
195.2
190. 8
| 1927
100.9 i
105.0
106.5 !
104.4 i
103. 1 1
103.3 !i
99. 0
103.4 !
104.4 i
107.6 i
104. 1 i
103.5 i
103,8
1928
98.4
104.4
105.7
104.5
104. 0
102.4
98. 5
101.9
101.4
102 1
98.5
99.5
101.8
96.0
101.2
102.5
100.5
101.3
101. 7
99.0
103. 3
104.7
108 2
105.0
105. 6
102.4
1929
102.3
109.3
111.6
112.6
112.9
111.2
107.2
112.0
112.9
112 4
104. 1
100.7
109,1
1931
1930
95.9
98.8
98.8
97.7
95.4
92.3
84.3
83.3
84.1
82.2
76.8
75.2
88.7
1932
70.0
71.3
75.6
74.4
73.4
69.7
66.2
65.9
63.4
61.3
58.1
57.6
67.5
1933
53.5
54.6
53.1
49.5
46.8
43.4
39.8
40.6
42.9
44.7
42.9
41.5
46.1
39.5
40.2
37.1
38.8
42.7
47.2
50.8
56.8
59.1
59 4
55. 5
54.5
48. 5
1934
54.0
60.6
64.8
67.3
67.1
CLEVELAND EMPLOYMENT—CLEVELAND CHAMBER OF COMMERCE 2
[Monthly average, 1923-25=100]
Month
Januarv
February _
_
March
April
May
June
_ _ _ - .
July
August
September..
October
November
December _..
.
Monthly average
1923
104 1
106. 1
108 7
108. 3
108 8
106.5
108. 2
107. 1
106.5
104.3
J01 1
102.0
1924
102 3
102.5
106 0
100.6
96 4
1
1922
80 5
84.9
86 7
90.8
93 6
97. 7
93.3
98. 1
96.5
98.5
100 3
102.0
81.3 i
93.6
106.0
1921
90. 3
87.6
87.3
86.6
87 3
76. 3
71.3
78. 9
79.2
77.6
78. 2
75.2
i
!
;
\
i
!
!
1925
1926
1928
1927
1929
1930
1931
1932
1933
1934
92.8
89.6
89 0
91.2
90.5
92 0
91. 1
95 0
96.0
98 3
99 7
99 4
98 5
97.7
98 6
98.7
102 3
101 3
102. 1
103 0
104.2
105 0
103 9
105 1
104 5
105.7
106 9
107.0
102 3
97 7
98.5
98 6
100.9
103 9
105 2
104 2
102 9
98.7
97 6
94.8
90 5
91 4
89.7
93 2
95.7
97 4
99 8
100 4
100 4
100 5
102 8
103.4
99 9
102 3
103.3
106 5
111 6
111 5
111 2
112 0
111 8
112 2
112 9
112.0
107 7
98 3
95.9
98 6
97 0
96 4
97 0
97 5
93 9
89 8
86 8
83. 1
82 7
78 9
79 4
81 1
81.3
81 3
80 2
78 0
75 7
72.5
73 4
68.3
68 7
69 6
69 6
68 5
67 8
65 0
63 4
63 0
62 0
59.6
60 3
58 8
58 9
59 2
60 1
60
60
55
59
62
66
71
1
3
7
0
1
7
0
75
71
74
74
2
9
6
1
95.0
99.0
103.6
98.3
99.9
108.6
90.1
75.0
63.3
67.3
NET PROFITS OF CORPORATIONS
78 5
83 6
84 5
88*5
3
[Millions of dollars]
Total, 10 groups
Quarter
1928
March
June.-- _
- -- __
September
December __ _ .
615.8
700.4
821.0
820.3
1929
754.9
861. 9
927.6
758. 3
1930
589.7
620.6
619.7
494. 3
1931
380.9
436.9
396.0
267.8
1932
225. 0
167.6
171. 5
211. 6
j Public utilities (exclusive of telephone and railroad companies)
1933
114.7
301. 2
415. 6
309 2
1934
315.2 !
1928
72.8
67 4
60. 0
82 3
1929
80.9
75.9
69.6
88.3
1930
81.7
74.6
67.7
84.3
1931
79.9
73.9
65.0
79.8
1932
70.9
63.6
51.2
64.1
1933
58.0
57.7
52.3
56.9
1934
59.1
Total
2, 957. 5 3, 302. 7 2, 324. 3
1,481.6
775.7
1 140 7
282 5
314.7
298. 6
249.8
308. 3
224.9
Quarterly average
739.4
835. 7
581. 1
370. 4
193. 9
77.1
385.3
.. _ :
70.fi
74.7
78.7
03. 5
56.3
1
See footnote on p. 16.
2
Compiled by the Cleveland Chamber of Commerce from reports of 100 concerns. The index of employment has heretofore been based on the number employed in January
1921 as 100, but has now been adjusted to a 1923-25 base in order to conform to the base period adopted by the Bureau of Labor Statistics for the United States indexes.
These data represent unweighted indexes which have not been adjusted for seasonal variations or to the trend of the Federal biennial census of manufactures. The number
of employees included in the bass period is 76,285. About 10 percent of the employees are in public utilities. The balance are in manufacturing and represent about 40
percent of the total employed in manufacturing industries.
3 Compiled by the Federal Reserve Bank of New York and supersedes data shown on pp. 90 and 91 of the 1932 Annual Supplement and p. 34 of the June 1934 issue of the
Survey of Current Business. The data shown above on public utilities represent the net earnings of 58 public-utility corporations (exclusive of telephone and railroad companies) which take the place of the former table of the earnings of 63 public utilities for the period 1928 to date. The revision made in the public-utility group made necessary
a revision in the grand total.
20
SURVEY OF CURRENT BUSINESS
July 1934
AVERAGE FACTORY WEEKLY AND HOURLY EARNINGS AND HOURS OF WORK IN 25
INDUSTRIES >
Average factory weekly earnings
Male
All
wage
earners
Year and Month
Skilled
and
semiskilled
Male
Unskilled
All
wage
earners
Female
Skilled
and
semiskilled
Male
Unskilled
Female
All
wage
earners
Skilled
and
semiskilled
Monthly average 1923=100
Dollars
1 Hours
I of work
Average factory hourly earnings
Average
! actual
hours
Female ! per week
1
per
! wage
earner
Hours
pei
i week
i
Unskilled
Dollars
I
1933
January
February.
March
April
May
. _June
July
16.22
16. 23 !
14.53
15.49
16.83
18.60
19.34
_
.
„_
AugUSt
'
September
October
November
December _. .
Monthly average
19 34
19. 41
19.50
18.44 i
18.57 !
17.71 I
61.0
61.0 I
54.6
58.2
63.2
69.9
72.7 |
72.7
72.9
73. 3
69.3
69.8
66.6
10.92
11.04
10.04
10.11 j
11.12
12.32
12.99
13.91
14.31
14.31 i
13.74
13.48
12.36
13. 94
13. 86
12. 28
13. 32
14.51
15.87
16.48
16.14
16.04
16.34
14.87
15.27
14.91
18. 71
18. 68
16.64
17.74
19.05
21.23
22.27
22.26
22.05
22.35
21. 05
21. 10
20.26
60.7
60.6
54,0
57.6
61.8
68.9
72.3
72.2
71,6
72.5
68.3
68.5
65,8
62.6
62.2
55.1
59.8
65. 1
71.2
74.0
72.4
72.0
73.3
66.7
68.5
68.9 i
0.466
.462
.459
.460 i
.453 !
.451 1
.456
.507
.536 !
.542 i
.546 j
. 550 J
.491 i
63.3
64.0
58.2
58.6
64.5
71.5
75.3
80.7
83.0
83.0
79.7
78.2
71.7
0.385
.379
.374
.373
.368
.369
.374
.412
.439
.444 i
.445 i
.450
.401 !
0. 528
.524
.520
.522
.514
.509
.515
.566
.593
.598
.604
.609
.550
0.302 1
.298
.295
.299
.298
.299
.304
.366
.401
. 404
35. 1
35.6
32.1
34.0
37.6
41.5
42.9
38.2
36.3
36. 1
33. 8
33.8
36. 4
.404
.407
.340 !
i Compiled by the National Industrial Conference Board and represents minor revisions in the data for the year 1933 that formerly appeared in the Survey of Current
Business. These revisions were caused by the inclusion of additional reports that were received subsequent to the computation of the monthly data for the year 1933.
RANGE BOILERS>
[Number of boilers]
Orders
Unfilled, end of month
Stocks,
More Produc- Shipend of
30-day than
ments month
tion
30Total delivery
day
or less delivery
1931
31, 756
22, 790
11,010
67,411
11, 780
63, 709
31,718
44, 884
12, 408
22, 485
10, 077
44, 846
30, 372 j
21, 841
53, 032
54, 378
11,966
9,875
31, 437
53, 022
54, 087
16, 783
8,786
7,997
33, 504 !
10, 074
46, 749
6,676
48, 816
16, 750
34, 503 i
12, 870
47, 074
46, 075
15, 165
2,295
49, 842
33, 613 1
8,360
48, 952
6,205
2,155
30, 694 1
8,142
38, 190
10, 203
2,061
35, 271
28, 694 I
8,470
10, 470
44, 057
46, 057
2,000
8,150
6,550
1, 600
30, 476
55, 269
57, 051
31,990
6, 369
1,260
42, 999
7, 629
44, 513
29, 930
39, 878
7, 143
6, 143
1,000
38, 420
New
Month
January
61,639
February
44, 579
March
53,734
April
47, 964
May
- - 46,716
June
44,490
July
43, 037
August
- 40,033
September
46, 324
October
- 1 52,949
November
42, 478
December
| 29,295
Total
! 553 238
Monthly average
48, 103
13,981
4,834
9,147
579, 828
48, 319
574, 806
47,901
43, 327
29, 651
41, 70S
39, 128
70, 725
72, 570
54, 427
64, 887
56, 151
46, 366
28, 589
22, 205
569, 734
47,478
41, 181
32, 885
41, 244
39, 699
72, 012
73, 205
50, 394
62, 690
55, 416
44, 405
29, 881
27, 125
570, 137
47, 511
32, 386
Orders
Unfilled, end of month
More Produc30-day
30- tion
Total delivery than
day
or less delivery
1932
8, 869
7,319
1,550
35, 703
7,498
5,792
1,706
40, 926
6,629
1,448
5,181
43, 439
6,857
1, 650
5,207
41, 070
9,044
7,128
46, 105
1. 916
9,386
6,155
3, 231
40, 099
5,450
2,044
3, 406
34, 423
7,333
5, 700
1,633
31, 934
7,268
5,658
1,610
43, 060
8,503
7,100
1,403
53, 988
6,532
4,790
1,742
40, 560
8,588
6,152
2,436
34, 047
New
43, 971
39, 401
42, 672
43, 284
48, 813
39, 766
28, 857
34, 385
43, 154
56, 000
39, 494
30, 472
490, 269
40, 858
7,663
5,799
20, 555
21, 725
14, 368
17.013
11,338
16, 454
19, 002
12, 044
13, 101
8, 688
25, 699 1
35, 360
17, 744
7, 612 !
6, 905
13, 307 i
3, 651
4,192
3, 350
7, 638
35, 160
22, 708
22, 245
32, 229
16, 054
5, 726
5, 407
6, 275
2,436
2.107
1, 678
1,525
1,639
3, 085
3, 454
3,131
1, 69C
1,886
1.498
7, 032
13,720
2,597
:
16,316 i
42, 245 "~~33,~336
40, 772
33, 490
43, 541
33, 388
43, 056
31, 402
46, 626
30, 881
39, 424
31, 556
32, 793
33, 186
32, 502
32, 618
43, 219
32, 459
31, 682
54, 765
30, 777
41,465
30, 407
35, 369
490, 815
40,901
32, 512
1934
1933
6, 087
0, 299
5, 028
9, 163 i
36, 799 i
25 793 |
January
| 38, 680
February
33, 097
March
39 973
April
i 43, 834
May
99,648
June
62 199
Julv
50,300
August
72,351
September
37 800
October
34, 273
November
29 174
December
30,509
Total
571, 838
Monthly average,..47,653
485, 354
40,446
1,864
Stocks,
end of
month
Shipments
37, 515 i
34, 281 1!
34, 128
33, 557 !
32, 270
31, 635
35, 668
37, 865
38, GOO
40, 561
39, 269
33, 897
45, 788
88, 274
39, 974
39,326
35,683 |
;
'
1
i
4,101
2,723
2,324
3,912
2,650
43, 466
80, 668
49, 100
35, 960
41,021
38, 540
87, 104
40, 301
36, 681
41, 358
38, 823
09 *>gy
35^ 186
34, 465
34, 128
i
35,771
i
1
!
1
Compiled by the U. S. Department of Commerce, Bureau of the^ Census. The data shown above are based on the reports of 18 identical manufacturers, the value of
whose output represents more than 9y percent of the total for the industry. The daily productive capacity of these manufacturers has been reported to the Bureau as 8,282
boilers. The statistics formerly shown in the survey were based on reports of 16 manufactures whose output constituted 90 percent of the total for the industry.
1
INDEX OF ORDERS FOR MACHINE TOOLS AND FORGING MACHINERY
[Average monthly shipments, 1926-100]
Month
January
February
March
.
April.. .
May
June
Julv
August
September
October
November
December
Monthly average
1
:
!
. J
i
i
1
:
i
!
i
i
!
1319 19*30
103.4 i 231.4
80.1 176.4
108.5 i 178.7
107.0 1 137.9
124.4 ! 130.4
123.9
118.2
180 0
94 9
158. 5
76. 3
146.9
68.9
195 6
58 8
197 2
38.9
9
11 2
36 5
144.7 11?. 3
1921 i 1922 I 1823
22.9 i
25^6
23.0
24. 6
23.4
14.4
17. 5
14.0
19 6
19. 4
23 1
20.9
i
!
!
!
i
!
!
i
1
24 9
26^7
34. 6
41.8
48. 0
50 0
43. 6
53.3
52 0
52. 8
57 7
42.5
70.3
102! 3
i 76.6
1 78.3
i 62.8
! 64 9
! 83. 5
1 76.9
1 02 9
: 78. 3
I 66 2
I 74.5
1921
02. 2
67. 6
72.8
59.1
48. 9
35. 5
40. 5
39. 4
40.8
52. 7
49. 2
57 8
52. 'J
:
!
i
'
;
i!
:l
.
1
1
192.5
57. 8
03. 1
74.3
72.0
75. 1
88. 1
85 1
89. 4
82.9
115 2
104. 8
90 1
83.2
1926
80.0
80.7
101. 6
74.2
62. 3
103.2
96 1
92. 0
107.8
108 4
90. 9
74 5
89. i)
1 1927
! 08.0
; 79.2
: 84. 1
i 69.9
:
70. 0
'
70.9
i 71.8
94. 5
58.9
:
74 0
74. 4
i 93 7
! 76.3
1928
120.7
111.3
123.0
122.0
113.9
119.0
113. 1
133. 7
147. 1
157 0
161. 1
152 2
131. 2
1929
161.9
186. 3
185.5
177.3
185 4
101.7
143 4
165 3
133. 6
178 7
99 1
91 8
155. 8
1930
100.9
94.4
100.5
99.3
74.9
69.8
50 5
03.1
75.4
50 0
33.5
38 *>.
70.8
1931
37.1
40.4
65.2
58.3
48.4
40.8
34 1
39.8
31.1
24 7
28.2
37 5
41.0
1932
32.8
20.8
18.1
22 8
21.6
20.0
14 0
15.7
16.3
15 2
17.7
19 8
19.6
1933
17.5
8.4
7.4
9.0
15.3
22.1
29 9
31 8
30.9
37 2
45 9
70 0
27.1
1934
53. 7
50. 9
48.1
46.5
45.9
Compiled by the ^Machine Tool Builders' Association, and constitut e an adjustment of the comprehensive data currently being collected and the series previously presented to form a continuous series. In making the adjustment, the whole curve was raised to bringT it into line with the 1926 shipments base. This was done by dividing
the old index through by a constant factor which represented the average relationship for the new and old index numbers for all the companies which had reported
continuously over the 15-year period. The factor used was 180.3.
The association received reports from 50 to 60 companies for the years 1919-27, 60 to 89 companies for the years 1928-33, and beginning with January 1934 from 163
companies. Since January 1934 data have been gathered from the machine-tool industry as a whole and also from the forging machinery group which represents less than
3 percent of the combined sales for machine tools and forging machinery. No corrections are made for seasonal variations for the reason that such influences are relatively
slight. It is expected that revised indexes on unfilled orders and shipments will also be compiled.
SURVEY OF CURRENT BUSINESS
J u l y 1934
21
WEEKLY BUSINESS INDICATORS
[Weekly average, 1923-25 = 100]
1934
ITEM
1933
I
1933
1931
1934
1
ITEM
June June June June June June June June June June
24
10
25
17
18
27
20
23
16
9
Business activity:
New York Times * ^
Business Week # J
Commodity prices, whole-
85.3 84.6 93.8 91.4 87.1 65.0 65.9 85.1 85.0
67.3 66.3 66.2 65.8 65.1 62.5 54.8 56.7 75.5 76.8
Dept.'of Labor, 1926=100:
75.0 74.6 73.8
Combined index (784)
65.8 63.7 60.7
Farm products (67^
71.3 70.2 67.6
Food (122)
78.7 78.9 78.9
All others (595)
Fisher's index 1926~10Q'
Combined index (120) . . .78.0 77.4 75.9
Agricultural (30)
0)
0)
0)
Nonagricultural (90) __ 0)
0)
0)
63.8 62.3 60.1
Oopper electrolytic J
44.5 44.9 44.9
Cotton, middling, spot
Iron and steel, composite- _ 84.7 84.0 84.0
31.5 30.0
Construction contracts J
Distribution* Carloadin^s
64.9 64.4 "64." 2
Employment: Detroit, fac93.2
tory
Finance:
57.2 61.7 58.7
Failures commerci'-il
Security prices:
106.0 105.9 105.2
Bond prices J
88.3 88.6 86.1
Stocklprices 1
65.1
53.2
61.4
69.4
64.5
52.8
61.0
68.5
64.0
52.5
61,0
67.8
64.0
46.6
67.3
56.5
34.9
69.6
23.0
63.6
62.7
45.5
66.1
56.5
34.2
69.5
64.0
46.4
59.5
70.0
63.7
45.4
58.5
70.0
63.5
46.2
66.9
56.5
34. 2
69.5
28.5
61.8
59.5
42.9
62.9
37.7
19.5
71.3
26 5
59.4 52.0
59.3
42.5
62.9
37.7
19.5
71.3
26 5
54.1
56.3
72.2
70.3
62.1
72.8
57.2
38.2
74.9
yq g
79.2
70.0
61.4
72.8 ;
56.5
32.4
75.0
77.1
73.2
91.6 97.3 98. 5 151. 6 150.6 103.7 114.7
94.8 94.2 94.4 79.1 79.0 106. 5 106.1
88.1 86.1 87.4 40.5 42.9 143. 0 130. 0
1933
1933
1931
1
June June June June June June June June June June
24
23 16
17
9
10
25
18
27 20
Finance — C ontinued .
Banking:
Debits, outside N.Y.C 4 76. 5 65.3 ! 77.0 67.9 58.5 63.4 64.9 61.4 84.5 99.0
Federal Reserve reporting member banks: §
Deposits:
Net demand
123.7 124. 1 122. 5 106. 2 109.9 107.7 90.5 92.1 110.0 109.7
125.6 124.5 124.3 119.6 116.8 116.1 122.8 123.5 158.1 158.6
Time
72.2 72.5 72.6 78.3 78.9 78.4 90.4 92,1 116.3 116.7
Loans, total.Interest rates:
24.2 24.2 24.2 24.2
Call loans £
24.2 60.6 60.6 36.4 36.4
22.9 22.9 22.9 22.9 22.9 22.9 34.3 34.3 34.3 34.3
Time loans t
Money in circulation J
109.7 109.9 110.4 117. 6 118.2 119.1 114.4 113.0 98.1 98.3
Production:
92.2 93.4 90.6 76.9 75.4 71.0 59.1 57.8 79.6 82.2
Automobiles
60.3 59. 8 60.8 58.6 55.5 53.2 40.7 39. 6 66.1 64.9
Bituminous coal t
100 5 99.9 99.3 95.9 94.7 92.9 86.5 86.6 98.1 96.6
Electric power f
Lumber
i si 4 31 4 2Q 7 39.0 36.5 35.3 25.5 24.9 49.2 48.5
Petroleum J
124.9 125.3 123.4 120.7 125.4 130.1 103. 5 105.5 117. 2 119.2
Steel ingots . 75.0 78.9 78.9 65.8 63.2 60.5 19.7 21.1 44.7 46.1
Receipts, primary markets:
1
73.1 81.9 63. 8 68.7 70.4 60.4 59.1 76.5 76.9
Cattle and calves
Bogs
53 4 85 2 88.3 78.7 84.3 46.1 60.7 69.2 68.7
33.1 20.4 17.3 61. 2 65.0 70.8 20.8 14.2 22.3 21.3
Cotton
Wheat
67.7 44.4 36.1 87.8 76.5 73. 9! 43.8 30.7 65.5 58. 4
*,
l
* Computed normal = 100.
f Latest week in preliminary.
f Weekly average, 1928-30=100.
J Daily average.
Temporarily discontinued.
# Index revised. See Weekly supplement on June 1, 1933, for explanation.
§ 1933-34 indexes are based on reports from 91 cities; earlier data cover 101 cities.
WEEKLY BUSINESS STATISTICS
1934
1933
|
1933
1931
1930
ITEM
COMMODITY,, PRICES, WHOLESALE
Copper, electrolytic, New York
dol. per lb-_
Cotton, Middling, spot, New York_.
_dol. per lb_.
Food index (Bradstreet's)
dol. perlb._
Iron and steel composite
dol. per ton-Wheat, No. 2 Hard Winter (K.C.)
dol. per bu~
June 16
0.088
35.06
.87
0.086
.122
2.17
34. 77
.93
0.083
.122
2.14
34.77
.95
4,181
3, 542
3,115
3, 030
2, 468
5
28
2,430
June 24
June 17
June 10
0.078
.095
1.89
28.83
. 75
0.078
.093
1.87
28.75
.72
0.078
.093
1.87
28.75
.71
3,505
3,568
4,353
3, 147
2, 472
5
28
2,430
2,475
5
29
2,430
12, 375
4, 492
9, 608
6,582
8,055
3,571
4,484
1.00
1. 00
12, 661
4, 450
9,281
6, 243
8, 089
3,556
4,533
J.OO
1.00
6. 599
5.04
233
June 25
June 18
June 27
June 20
!
!
0.052
.053
1.62
29.52
.43
0.052
.053
1.61
29. 52
.46
0.079
.104
2.16
30.99
.60
0.078
.088
2.14
31.03
.74
0.116
.136
2.73
33.44
.84
3,427
2, 710
3, 792
2,938 |
3, 141
3,007
3.417
2, 847
4,834
3,916
6, 375
4,588
8,948
5,810
2, 194
9
222
1, 955
2, 212
10
254
1, 932
2,214 I
11
277 i
1,912 |
2,288
54
438
1,730
2, 270
66
496
1,692
960
106
198
619
907
107
185
599
936
102
232
577
12, 499
4, 439
9, 300
6,270
8, 097
3, 557
4, 540
1.00
1.00
10, 823
4, 336
8,305
5, 307
8, 500
3, 769
4, 731
1.00
1.00
11,207
4, 263
7,962
4,990
8,559
3, 798
4,761
1.00
1.00
10.173
4,508
6,919
4,030
9,775
4,212
5,563
2.50
1.50
10, 358
4, 537
6, 956
4, 056
9, 991
4, 265
5, 726
2.50
1.50
1.50
1.50
1.50
1.50
2.25
3.25
8.608
5.05
251
6.602
5.06
239
4. 855
4.19
373
4.762
4.07
396
3.930
3.61
617
3.931
3.65
613
3. 914
4.86
422
3.916
4.86
467
3.927
4.86
490
35.00
5,328
35.00
5,337
35.00
5,360
25.62
5,711
25.12
5, 742
20.67
5,556
20.67
5,485
20.67
4,763
20.67
4,773
20.67
4,468
59, 600
94. 95
4, 000
85.79
74.1
82.0
72.7
44.8
70, 400
94. 80
4, 522
86.01
74.9
83.0
73. 1
44.8
62, 400
94. 19
4,542
83.62
71.7
79.5
69.9
42.9
75, 500
84.89
24, 306
85.53
75.4
77.8
97.7
44.0
72, 200
84.39
29, 837
83.66
74.3
75.9
99.4
43.0
83,900
84.54
32,320
84.85
72.8
75.3
93.5
42.8
56,496
70.81
3,042
39.31
34.5
34.0
55.0
14.9
53, 194
76. 78
4, 456
41.68
36.7
36.0
59.6
15.9
70, 232
95.35
21, 620
138. 86
103.5
94. 5
164.9
80.5
53, 862
95.03
7,110
126. 26
103.2
94.5
163.7
80.1
54, 372
95.01
15,038
186. 67
145.8
136.2
211. 4
122.1
70, 330
1,027
1,675
2, 602
57
5,050
71, 293
1,019
1,665
2,609
60
4, 815
69, 107
1, 036
1, 655
2, 571
60
58, 689
998
1,598
2,414
50
3,689
57,511
946
1,578
2, 612
48
4,580
54,197 i
906 i
1,542
2,709 !
46 i!
45,110
693
1,441
2,156
15
4 250
44, 121
675
1, 442
2,198
16
4, 252
60, 770
1, 125
1,635
2, 442
34
12, 779
62, 752
1,106
1,610
2, 482
35
84, 662
1,333
1,704
2,611
64
27, 746
621, 872
103, 953
24, 818
39, 499
15, 285
160, 186
34, 412
243, 719
617, 649
103, 255
25, 086
33, 788
12, 801
161, 393
33, 924
247, 402
615, 565
107, 995
24, 522
30, 809
15, 12S
162, 932
32, 000
242, 179
609, 627
109, 007
28, 100
38, 439
15,549
170, 292
14, 239
234, 001
592, 759
99, 832
25. 762
38', 251
15, 468
168, 832
12,937
231, 677
! 569, 157 ! 498, 993
!
93,738 !
71,203
i
24,625 ! 16,609
!
36,007 j 27,610
1
15,824 !
14,628
i 188,385 ; -174,367
i
10,665 ;
4,573
i 219,913 : 190,003
518, 398
71,546
17, 140
25, 795
15, 400
175,819
4,290
208, 408
759, 363
739, 094
124, 134 ! 114,782
30, 536
30, 555
41, 869
32, 771
18, 776
19, 549
216,060
217, 130
30, 152 I
30, 640
297, 836
293, 661
936, 690
146,912
47, 947
48, 846
20, 543
239, 544
61,034
371, 864
237
443
58
4, 644
8, 730
161
517
30
4,940
20, 752
.121
2.19
Banking:
FINANCE
Debits New York City
mills, of dol._
Debits outside New York City
mills, of dol—
Federal Reserve banks:
Reserve bank credit, total
mills, of dol
Bills bought
mills of dol
Bills discounted
mills, of dol—
U.S. Government securities
mills, of doL_
Federal Reserve reporting member banks :§
Deposits, net demand
mills, of dol—
Deposits, time
mills, of dol _
Investments total
mills of dol
U.S. Government securities
mills, of dol_.
Loans, total
mills, of dol._
On securities
. . mills, of dol—
All other
mills, of dol—
Interest rates, call loans
percent-Interest rates, time loans
_
percent- _
Exchange rates:
French franc (daily av.)
-cents. _
Pound sterling (daily av.)
dollars ._
Failures commercial
number _
Gold and money:
Gold price (daily av.)
dol. per ounce..
Money in circulation
_ mills, of dol__
Security markets:
Bond sales (N.Y.S.E.)
thous. of dol. par value-Bond prices, 40 corporate issues
_- dollars .
Stock sales (N.Y.S.E.)
thous. of sharesStock prices (N.Y. Times)
dol. per share-Stock prices (421) (Standard Statistics]
1926=100-.
Industrial (351)
1926=100..
Public utilities (37)
1926=100Railroad (33)
1926=100
PRODUCTION, CONSTRUCTION, AND
Production:
DISTRIBUTION
Automobiles (Cram's estimate)
number. _
Bituminous coal (daily av.)
thous. of short tons_.
Electric power
mills, of kw.-hr_.
Petroleum
thous. of bbl _
Steel ingots (Dow- Jones estimate)
pet. of capacity..
Construction-contracl awards (da. av.) -thous. of dolls. .
Distribution:
Freight-car loading, total
cars_.
Coal and coke
_ ...
cars.
Forest products
csrs
Grain and products
cars..
Livestock
cars
Merchandise, l.c.l
cars
Ore
cars
Miscellaneous
._. _ _ _ _ .
cars..
Receipts:
Cattle and calves
thousands—
Hogs
thousands. _
Cotton into sight
thous. of bales
Wheat at primary markets
thous. of bu
Wool at Boston, total
thous. of l b _ _
Statistics covered 91 cities since Jan. 10, 1934, and
DigitizedComparable
for§FRASER
figures not available prior to 1932.
June 23
'
86 !
5,384 ;
4, 371.
225
344
53
3, 530
3, 318
June 9
550 1
45
2,874 :
3, 981 !
196
570
159
6, 987
10, 456
1
i
:
!
!
10,983
4,275
7,974
5,013
8,511
3,742
4,769
1.00
1.00
!
j
'
i
1
;
i
!
.'
4.742
4.07
401 !
'.
25.02
5,784 ;
211
507
169
6, 088 J
24, 812 ;
!
!
i
i
!
|
217
544
184
5,876 ,
6,116 i
186
297 i
54
3,488
6,116
182
391
37
2,443
2,134
236
446
58 i
5, 213 i
10,527
June 28
90 cities before; 1 city was added to the series in order to offset the effect of 1 member bank which ceased reporting.
SURVEY OF CURRENT BUSINESS
22
July 1934
Monthly Business Statistics
The following summary shows the trend of industrial, commercial, and financial statistics for the past 13
months. Statistics through December 1931 for all series except those marked with an asterisk (*) will be
found in the 1932 Annual Supplement to the Survey of Current Business, together with an explanation of the
sources and basis of the figures quoted. Series so marked represent additions since the Annual was issued and
similar information, if published, will be found in the places noted at the bottom of each page. Later data will
be found in the Weekly Supplement to the Survey.
Monthly statistics through December 1931,
together with explanatory footnotes and references to the sources of the data, may be found
in the 1932 Annual Supplement to the Survey
1934
May i May
1833
June
July
1934
August SeptemOctober !N<-fber
-fr- January February
D
March
April
BUSINESS INDEXES
BUSINESS ACTIVITY (Annalist) t
80.4
83.4
72.5
89.5
Combined index
normal = 100
70.5
47.9
63.6
67.8
Automobile production, _ normal = 100. _
128.2
135.2
133.0
Boot and shoe production,
normal = 100. _ 115.3
63.9
57.0
61.4
66.2
Carloadings, freight
normal = 100
52.6
40.2
49.2
56.2
Cement production
. - .normal = 100 .
92.0
140.3
112.3
Cotton consumption
normal = 100- _
138. 3
96.7
87.4
93.0
Electric power production
normal = 100__
96.9
51.9
47.1
59.5
Lumber production
_. _ .normal = 100- _
71.1
63.1
27.8
43.1
Pig-iron production
normal = 100__
64.4
71.8
91.4
105.4
Silk consumption
normal = 100
85.2
78.7
47.9
69.3
Steel ingot production
normal = 100
92.7
114.6
146.5
Wool consumption
normal = 100- _
144.0
59." 6
42.2
51.2
Zinc production
normal =100
66.4
INDUSTRIAL PRODUCTION (F.R.B.)
*>90
91
"79
Total, unadjusted
1923-25 = 100
96
"90
80
93
Manufactures, unadjusted
1923-25=100..
97
«74
98
•63
Automobiles
1923-25 = 100
73
68
64
50
Cement
.
1923-25=100
68
96
98
99
Food products
1923-25 = 100
97
90
•92
120
Glass plate
1923-25=100
148
92
53
72
Iron and steel
1923-25—100
93
101
110
Leather and shoes §
1923-25=100..
114
--32
40
Lumber
1923-25=100..
45
"94
"102
Paper and printing
1923-25=100..
»103
147
153
Petroleum refining
_ . 1923-25 = 100. _
154
118
139
Rubber tires and tubes
1923-25=100..
140
31
20
Shipbuilding
1923-25 = 100. .
28
"~89~
108
126
Textiles
1923-25=100
121
130
145
147
Tobacco manufactures
1923-25 = 100. .
126
87
76
82
Minerals, unadjusted
. _ 1923-25 = 100. .
89
i>76
43
57
Anthracite .
1923-25=100
55
"63
50
57
Bituminous coal
1923-25 =100
69
60
21
30
Iron ore shipments
1923-25—100
81
65
36
42
Lead
1923-25=100
34
129
136
137
Petroleum, crude
1923-25—100
135
43
29
23
Silver
1923-25 = 100
29
66
46
53
Zinc
.
1923-25 = 100
66
*87
92
Total, adjusted
1923-25=100
78
100
077
*86
93
Manufactures, adjusted ..
1923-25=100
101
78
Automobiles . .
1923-25=100
•65
•50
•69
57
51
Cement
1923-25=100..
42
56
98
100
Food products
. . - . 1 923-25 =100
99
100
83
Glass, plate..
1923-25 = 100..
118
•84
150
85
72
Iron and steel
1923-25 = 100
49
100
Leather and shoes §
1923-25 = 100. .
114
110
116
--Lumber
_._ 1923-25 = 100-.
30
38
46
Paper and printing
1923-25 = 100. .
"92
"101
"111
Petroleum refining
1923-25 = 100
154
147
155
Rubber tires and tubes
1923-25—100
94
115
143
Shipbuilding
1923-25=100..
16
25
19
"89
Textiles.
1923-25 = 100..
133
108
130
128
Tobacco manufactures
1923-25 = 100. .
143
135
117
89
Minerals, adjusted
_
.1923-25 = 100..
84
78
90
"76
Anthracite
1923-25-100
43
65
67
"72
Bituminous coal...
1923-25 = 100..
64
57
76
40
Iron ore shipments
1923-25 — 100
14
15
40
66
Lead
...1923-25= 100. .
41
37
36
"128
Petroleum, crude
_ .1923-25=100
134
134
132
44
Silver
1923-25 = 100..
24
30
34
65
Zinc
1923-25 = 100 :
45
55
71
INDUSTRIAL CONSUMPTION OF
ELECTRICAL ENERGY
Consumption by geographic sections:
Total, United States—
1923-25=100..
108. 2
92.9
104.5
112.9
Middle Atlantic
1923-25 = 100
107. 3
97.3
108.8
119.3
New England
... .1923-25 = 100
104. 7
104.7
85.7
110.1
North Central
1923-25 = 100. . 108. 4
89.1
97.8
107.8
Southern...
1923-25-100
119. 7
121.3
103.9
125.7
Western
1923-25 = 100..
113.8
107.0
111.6
118.3
Consumption by industries:
Total, all industries..
1923-25 = 100
108. 2
92.9
104.5
112.9
Automobiles, including parts and accessories
1923-25 = 100..
90.2
65.5
58.9
66.6
Chemicals and allied products
1923-25 = 100..
127.1
135.7
154.5
152.0
Food products
1923-25 = 100.. 120. 7
126. 2
136.0
149.8
Leather and products
1923-25 — 100
100.2
93.2
93.5
102.7
Lumber and products
-.1923-25 = 100..
98.3
102.
0
91.3
104.3
• Revised.
t Revised series. For earlier data see p. 19 of the October 1933 issue.
§ Series revised. For earlier data see p. 19 of the January 1934 issue. Revisions did
a slight amount.
" Preliminary.
83.6
64.6
116.0
62.3
47.5
121.3
94.6
72.5
64.9
71.3
75.9
120.3
70.1
76.5
60.7
98.7
60.6
34.4
97.6
92.7
56.7
54.7
52.0
62.9
105.2
70.9
72.4
51.3
101.2
59.0
31.5
90.4
89.3
52.6
45.0
49.6
54.9
102.4
71.7
68.5
29.9
95.4
59.4
33.9
83.8
88.4
48.3
37.2
59.2
41.9
92.3
65.7
69.7
73.2
41.6
58.7
93.0
104.2
62.2
65.2
34.8
46.2
68.5
88.8
90.0
89.5
51.9
54.5
42.1 !
42.7
51.5
60.6
54.3 . 48.8
78.9 !
73.9
60.5
62.1
76.8
72.2
115.9
67.4
55.8
89.2
93.1
49.5
45.8
66.6
55.6
75.8
61.5
« 79. 0
79.0
" 118.7
69.0
51.4
89.9
93. 6
60.6
50.9
69.6
60.1
77.4
62.1
90
89
«66
65
88
137
79
113
49
"102
153
110
22
"108
131
94
61
74
117
35
136
28
71
91
91
61
50
95
135
80
102
46
"106
153
111
15
"114
123
91
61
75
57
36
134
28
77
85
84
•61
46
99
113
65
106
37
"105
157
98
20
"99
128
93
75
69
131
54
129
37
73
84
84
•55
37
105
112
66
92
36
"104
157
103
20
"99
115
87
74
65
68
57
125
39
77
78
"76
•40
40
86
73
59
102
34
"102
152
79
28
"94
116
88
71
67
108
66
122
33
75
«76
76
•45
35
85
73
61
93
33
"99
152
90
39
"91
108
81
55
61
63
64
120
33
77
72
70
•19
38
97
53
44
89
29
"98
146
73
36
"93
97
84
75
72
19
74
115
36
72
72
71
«30
39
92
55
47
92
30
"95
145
97
41
"89
95
81
73
65
23
71
116
33
72
69
67
«26
28
89
83
53
81
29
"92
138
75
32
"74
99
80
67
69
77
•75
•46
30
102
88
54
89
30
"96
142
90
18
"91
131
85
89
74
83
82
•76
37
90
106
67
"107
28
"102
144
131
21
"97
120
88
95
78
87
86
«96
42
82
115
75
" 108
39
"102
143
142
46
"96
113
91
89
84
68
115
32
68
75
73
•46
36
86
111
61
94
32
"97
137
108
41
"78
123
85
68
66
65
"115
37
70
78
«76
•57
49
96
99
56
"100
34
"99
142
97
26
87
138
88
82
67
66
"116
39
71
«S2
80
•71
61
91
98
64
"105
29
"69
144
121
30
"91
132
91
89
74
58
121
52
72
°85
"82
-78
58
84
106
67
"104
38
* 100
143
« 129
59
"94
119
100
109
84
55
" 125
46
67
«86
85
•85
55
93
68
77
64
118
36
66
57
122
47
68
56
125
45
64
106. 2
114.4
108.1
101. 5
114.8
111.7
107.7
116.4
110.4
104.1
121.3
112.8
102, 0
113.7
105.0
96.7
112.0
113.3
101.8
112.0
104.0
94.1
113.3
116.9
96.0
104.3
95.3
91.3
107.5
115.3
97.7
101.8
97.8
95.5
103. 9
118.2
112.0
117.8
110.2
109.8
120.4
126.3
104.0
108. 9
101.1
103.8
106.0
116.5
« 111.0
• 112.0
- 108. 7
111.0
« 1J7.0
• 121.4
106. 2
107.7
102.0
101.8
96.0
97.7
112.0
104.0
\111. 0
67
119
29
67
i
i
;
j
!
64
120
37 !
66
63.7
61.8
52.1
49.3
61.4
78.9
95.5
91.4
152. 5
133. 3
101. 2
99.7
159.6
137.0
92.4
ICO. 3
160.0
120.3
91.2
100.6
161.3
125.0
89.3
104. 6
162.1
107.3
85.5
97.8
147.5 1
106.0
89.7
102.9
162. 8
117.5
124.3
112.0
149.7
107.2
99. 0
102.3
"80.0
79.8
* 127. 0
64.7
54.4
90.8
* 96. 1
53.3
a
54. 5
71.6
70.7
72.6
59.1
88
89
109
53
87
108
85
a
112
35
v 104
152
139
63
"93
118
a
81
76
« 60
a
a 114
33
•p 100
152
118
65
* CO
128
a
£0
*73
p 72
•101.0
•
«
•
•
160. 5
116. 0
104. 0
108. 7
not change the combined indexes except for a few months and in these instances by
23
SUEVEY OF CURRENT BUSINESS
July 1934
Monthly statistics through December 1831,
together with explanatory footnotes and references to the sources of the data, may be found
in the 1932 Annual Supplement to the Survey
May
1934
1933
1934
May
June
Decem- January FebruOctober NovemAugust Septemary
ber
ber
ber
July
March
April
BUSINESS INDEXES—Continued
INDUSTRIAL CONSUMPTION OF
ELECTRICAL ENERGY— Continued
Consumption by industries — Continued.
Metals, group
1923-25=100..
Electrical apparatus
_ - _ 1923-25 = 100. .
Metal-working plants
1923-25 = 100. .
Rolling mills and steel plants
1923-25=100..
Paper and pulp
1923-25=100..
Rubber and products
1923-25 = 100
Shipbuilding
.
-.1923-25=100..
Stone, clay, and glass
1923-25= 100. _
Textiles
1923-25=100..
97.2
133.4
88.5
65.5
104. 1
63.7
75.3
106. 9
72. 6
85.3
114 0
79.6
80.7
108.4
76.4
S3. S
115.
80.
80.7
111.7
79.0
71.0
107.0
78.0
75.7
99.4
77.5
76.2
97. 1
78.7
89.3
108.2
88.6
91.7
127.0
143 0
79.5
107.0
101. 5
68.8
112.0
124 5
71.3
90.0
96.4
79.8
120. 5
146 4
75. 7
102. 0
118.2
95.0
130 2
157 0
75 7
113.5
121 3
88.3
130.0
143 5
80. 0
105. 1
110 3
89.
139.
131
£3.
100.
109
83.5
134. 2
113 8
83. 5
85.8
107. 4
75.6
127 A
115 6
86.7
91.5
108. 5
77.0
120.0
108.2
89.3
72.2
94.6
77.8
119.8
128 6
91.0
74.3
99 5
88.9
130.3
140 2
107.6
88.7
119 2
97
123
83
120
91
56
42
108
37
102
92
103
131
79
153
131
81
60
111
90
86
91
102
144
79
108
399
81
62
65
100
103
91
95
130
73
84
534
87
62
73
131
51
85
100
126
92
76
344
69
69
72
76
49
66
107
126
1^4
92(
7)
89
126
87
102
87
70
115
166
288
106
77
108
105
92
96
82
120
84
119
209
77
56
71
81
85
98
75
113
42
76
112
66
45
65
74
88
94
92
78
28
60
61
71
67
80
100
67
111
24
55
50
71
37
104
119
22
93
60
72
84
68
81
36
47
38
57
43
78
50.5
58.0
59.5
50.0
62 5
71 0
50 0
68 5
83 0
58 0
80 0
105 0
48 5
49 5
44 0
55 5
49 o
45 0
65 5
48 5
45 0
59 5
52 5
48 5
48 0
46 5
45 0
50 0
52 0
54 0
45 5
54 5
56 0
48 0
57 0
60 5
45 C
5S 0
63 r'
90.5
108 1
85.0
a
87.1
122 5
138 2
85 7
86.4
106 4
a
a
« 96. 0
124 7
90. 1
°92.3
126 8
143 0
0
80 2
103 f;
109 6
MARKETINGS
Agricultural products *(quantity)_1923-25=100-.
Animal products
1923-25=100..
Dairy products
- - 1923-25 = 100. _
Livestock
. .1923-25 = 100 .
Poultry and eggs
1923-25 = 100. .
Wool
1923-25 = 100
Crops
1923-25-100..
Cotton
1923-25 = 100 _
Fruits
...1923-25 = 100..
Grains
1923-25 = 100
Vegetables
. --.1923-25=100-.
Agricultural products, cash income received
from marketings of: *
Crops and livestock:
Unadjusted
1924-29 = 100..
Adjusted
1924-29 = 100
Crops adjusted
1924-29= 100. _
Livestock and Products, adjusted
1924-29=100..
Dairy products, adjusted
1924-25=100..
Meat animals, ad justed.. 1924-29= 100. _
Poultry and eggs, adjusted
1924-29=100..
118
111
109
194
Gfi
84
94
42
70
2Q
%
55.5
53.5
53.0
53.5
55.0
53. 5
52, 0
56.5
47.5
50.5
52.5
53.0
a
65.0
50.0
55.5
49.0
56.5
52.0
60.0
48.5
64.0
48.5
66.5
44.0
66.5
42.0
68.0
44.5
66.0
35.0
60.5
43.5
61.5
45.0
65.0
43.5
03. 5
o 45. 0
54.5
62.5
47.0
52.5
50.5
48. 5
54.0
60.0
48.5
51.0
56.0
62.0
63. 0
136
108
119
84
116
105
80
150
78
113
158
163
157
88
171
93
198
133
97
112
79
101
87
82
201
90
77
155
79
159
90
171
84
206
134
101
107
109
94
104
81
185
84
74
154
105
159
87
189
84
183
140
104
109
121
100
101
82
167
74
77
153
123
167
85
216
92
175
142
108
112
126
109
99
81
154
82
80
167
123
167
°88
213
103
174
153
10Q
120
119
110
100
82
15H
73
86
163
1^1
185
104
216
112
215
171
110
111
102
117
96
84
153
75
105
153
185
215
121
218
124
294
170
110
«121
102
117
94
82
159
71
99
152
192
213
120
213
124
295
162
126
103
117
96
83
167
68
107
151
167
199
111
201
129
273
155
111
129
Q
2
117
99
80
162
84
117
157
166
187
102
192
115
252
148
108
126
269
336
255
326
217
344
171
201
208
267
a 334
247
353
242
317
164
199
219
268
a 333
245
357
216
308
159
183
232
P 253
$ 349
216
"340
236
334
144
125
P 246
P 367
220
339
215
291
140
114
205
P 249
P 343
214
«348
v 239
P 3QQ
193
•347
303
135
108
214
296
134
104
77
77
71
87
62
91
77
77
72
87
62
91
52.0
STOCKS
Domestic stocks
- 1923-25=100
Manufactured goods
1923-25 = 100
Chemicals and allied prod.. .1923-25 =100..
Food products
1923-25 = 100
Forest products
1923-25=100
Iron and steel products
1923-25=100
Leather
1923-25 =100- _
Metals nonferrous
1923-25=100
Paper newsprint
1923-25=100
Rubber products
. 1923-25=100
Stone, clay, and glass
1923-25=100
Textiles
- .1923-25=100
Raw materials
1923-25=100
Chemicals and allied prod ... 1923-25 =100. _
Foodstuffs
1923-25 = 100
Metals
1923-25 = 100
Textile materials
1923-25=100
World stocks — foodstuffs and raw materials:
Total
1923-25=100
Coffee — adj for seasonal
1923-25 = 100
Cotton—adj . for seasonal
1923-25 = 100. _
Rubber—adj. for seasonal
1923-25=100-.
Silk—adj. for seasonal
1923-25=100..
Sugar — adj for seasonal
1923-25=100
Tea— adj. for seasonal
1923-25=100_.
Tin—unadjusted
1923-25 = 100
Wheat— adj. for seasonal
1923-25=100
0
225
358
147
83
a
262
323
253
341
221
994
151
]61
233
25*?
167
109
117
105
113
09
82
149
73
96
152
177
209
116
224
1
22
270
943
a 391
a ?37
242
346
233
*>74
148
145
233
225
« 340
228
278
148
134
219
2QO
a in
1Q§
a 81
116
99
80
162
116
160
167
176
95
188
108
231
P 243
P 307
209
347
a 142
• 10^*
123
o gi
116
104
81
159
85
111
160
167
16"
°90
182
98
213
p 2C1
P 3g9
211
350
297
144
98
192
332
152
78 5
78.4
or
197
COMMODITY PRICES
COST OF LIVING (N.I.C.B.)
Total, all groups
Clothing
Food .
Fuel and light
Housin^
Sundries
.
.
1923=100
1923 = 100
1923 = 100 .
1923=100
1923=100
1923=100 _
j
78.6
77 8
74. 1
85 7
64.2
92.4
72
60
64
82
63
89
1
7
1
8
5
4
72
61
66
82
63
89
8
6
2
2
4
3
75
63
71
82
63
90
2
9
7
6
2
3
76
70
73
84
63
91
9
0
o
3
2
8
77 9;
^5 t
85 9
63 6
99 Q;
72
71
79
120
81
637
6
54
70
69
70
101
78
62
77
58
T* 2
78
77
73
87
63
Q!
0
7
4
0
2
4
1
i
•
l
:
77
77
73
87
62
91
8
8
0
4
8
5
3
A
7
5
8R
5
3
0
1
7
°
78 3
74
87
62
92
1
1
8
1
77
74
07
63
09
7
3
i
1
2
FARM PRICES (Depfc. of Agri.)§
Total, ail groups
Cotton and cottonseed
Dairy products *
Fruits and vegetables
Grains
1909-14=100
1909-14=100
1909-14=100
1909-14= 100..
1909-14=100
74
90
76
105
78
63
69
59
62
65
63
68
62
65
62
47
64
69
65
74
63
66
55
48
76
84
71
103
94
66
67
51
70
71
*n
7g
78
!
78
86
;
81
68
77
76
83
73
52
95
63
70
CO
73
92
76
93
77
101
78
64
76
94
79
108
78
65
72
58
94
76
105
68 '
74
63
59
55
63
g9
Poultry products *
1909-14=100
94
105
70
Unclassified
1909-14=100..
56
62
02
00
£6
a
Revised.
* New series. See.p. 18 of the March 1933 issue (marketings-quantities), p. 20 of May 1933 issue (prices), and pp. 16-19 cash income for marketings of ag
jicultural products.
§ Data for June 15: Total, 77, cotton and cottonseed 94, dairy products 76, fruits and vegetables 108, grains 89, meat animals 64, poultry products 69, unclassified 57.
»Preliminary.
*
24
Monthly statistics through December 1931,
together with explanatory footnotes and references to the sources of the data, may he found
in the 19312 Annual Supplement to the Survey
SURVEY OF CURRENT BUSINESS
1934
July 1934
1933
May
May
June
| July
1
i August
i
1934
!
I
Se
£erm" October
November
D
beerm~ iJanuar yi F|ryU" March
!
1
i
AI
COMMODITY PRICES—Continued
RETAIL PRICES
Department of Labor indexes:
I
Coal
1913 = 100.J
156
Food#
1913 = 100 J
108
Fairchild's index:*
j
Combined index
Dec 1930=100
88 9
Apparel:
infants' wear
. . Dec. 1930= 100..
93 3
Men's
- - Dec. 1930 = 100,.
88.8
Women's
Dec 1930=100
89 5
Home furnishings
Dec 1930=100
88 7
Piece goods
Dec. 1930=100..
85.9
WHOLESALE PRICES
Department of Labor index:
Combined index (784)
. 1926=100-.
737
Economic classes:
!
Finished products
1926=100-.;
77 8
Raw materials
1926 = 100. 65. i
Semimanufactures .
1926=100 _j
73 7
Farm products
1926 = 100-.;
5Q 6
Grains
1926 = 100-1
63. 9
Livestock and poultry
1926=100 i
47 s
Foods
1926 = 100..
67^ 1
Dairy products
-. . - 1926 = 100- .<
67 1
Fruits and vegetables
1926=100-.
68. 2
Meats
1923 = 100
(\Q 0
Other products
....
1926=100 .
78 9
Building materials
1926 = 100..
87. 3
Brick and tile
1926 = 100..
91. 2
Cement
1926=100
89 -1
Lumber
1928=100..
S5 9
Chemicals and druCTs
1926—100
71 4
Chemicals
1928—100
73 6
Drugs and Pharmaceuticals. 1926= 100- .
72. 8
Fertilizer materials
_ - 1926=100 .
86 4
Fuel and lighting
1926 = 100. .
72. 5
Electricity
1928=100..
Gas
1928=100
Petroleum products
1926 = 100-.
50. 7
Hides and leather
1926=100..
87.9
Boots and shoes
1926 = 100-.!
98. 5
Hides and skins
.1926 = 100 •
73 5
Leather
1926 = 100— !
76.3
House furnishing goods
1926=100—i
82. 0
Furniture1926 = 100 1
80 1
Furnishings
1926=100-.;
84. 1
Metals and metal products. .-1926=100-.
89. 1
C;
Iron and steel
—
1926=100 '
0 2
Metals, nonferrous
__ 1926 = 100 :!
08 1
Plumbing and heating equipment
1926=100
75 0
Textile products.
1926=100..'
736
Clothing
1926 = 100-.!
82. 7
Cotton goods
1926 = 100.. i
88. 3
Knit goods
1926 = 100..!
65. 3
Silk and rayon
1926 = 100 '
26 5
Woolens and worsted
1928=100 i
81 0
Miscellaneous
1926 = 100..;
69.8
Auto tires and tubes
1926=100.. i
44. 6
Paper and pulp
1926=100..
83. 7
Other wholesale price indexes:
i
Bradstreet's (96)
1926=100
70 7
Dun's (300)
.
1926 = 100
86 9
World prices, foodstuffs and raw materials:* i
Combined index
1923-25^-100
400
Coffee..
1923-25=100-. 55.9
Copper
1923-25 — 100
59 9
Cotton
1923-25 = 100
41 9
Rubber
1923-25 — 100
31 0
Silk
1923-25 = 100..!
17. 9
Sugar
1993-25 — 100 '•
19 5
Tea
1923-25=100..
74. 3
Tin
..1923-25 = 100..; 106. 5
Wheat1923-25 = 100-.
42. 4
Wholesale prices, actual. (See under respect tive commodities.)
PURCHASING POWER OF THE
DOLLAR *
Wholesale prices
1923-25 = 100
1366
Retail food prices
1923-25 = 100138, 5
Farm prices
1 923-25 = 100. J
186.6
Cost of living
1923-25 = 100... 129.5
155
94
152
97
155
105
160
107
166
107
167
107
168
107
167
104
167
105
168
108
168
109
164
107
89 4
70 4
72.3 >
76 1
82.5
86 0
87 1
88 0
88 0
88 5
89 5
90 0
77. 5
71.0
72 3
71. 1
67.2
78.7 '
71. 8 i
80.7
75. 1
72.8 1
69.6 |
77 8
74.8
85.4
80.4
85 7
81 7 1
80.2
91. 2
82. 9
89 3
83 7
81.8
91 3
85. 6
90 5
85 0
82.8
90 5
86.2
90 5
85 9
84.8
90.4
86.2
90 3
85 8
82.8
91 0
86 5
89 5
88 5
84.2
93 2
88 4
90 2
87 5
85.6
94 0
89 0
91 4
88 6
85.8
62. 7
65. 0 •
68. 9
69.5
70.8 '
71.2
71.1
70.8
72 2
73 6
73 7
73 3
67.2
53. 7
61.3
50.2
52. 8
48.8
59.4
58.8
58.8
52.3
66.5
71.4
75.2
81.8
59.8
73 2
SO 9
55.0
68.8
60.4
94. 6
103.3
31. 2
76. 9
83. 6
G7. 3
68. 3
71.7
71 6
72.0
77.7
75 2
56 6
69. 0 i
56. 2 !
65. 3 !
53. 2 i
57. 4 i
46.6 <
61. 2 !
63. 1 i
63.9 !
52. 4 :
68.9
74. 7 i
77. 0
81. 8 j
67. 4
73 7
si 5
55. 5
68. 0
61. 5
91. 4
72. 2
61. 8
69. 1
60. 1
73. 4
47.4
65.5
66. 1
75.6
50. 8
72.2
79. 5
78. 2
88. 2
75. 9
73 2
80.3
56. 8
68. 6
65. 3
89. 4
74.8
61.7
72 9 i
57.0
63.9 I
46 7 '
64.9 !
65. 8
66.8 i
51 5
76 1 i
82.7 '
82.8
90 8 :
82 0 :
72 7 •
78 8
56.8 !:
66.6
70.4 i
90. 4 i
101 5 !i
49. 6
92.3 \
98.9 I
84 1
85.4 i
79.3 j
78 4 !
80. 5 i
82. 1 !
80 3
68 5
75.4
61.8
72 8
55 7
58.2
45 4
64.2
66 0
62.5
51 0
77 2
83.9
84.6
91 2
84 2
72 7
78 6
56.8
67 6
73.6
92. 3
100 5
52. 7
89.0
98.9
71 2
83.2
81.2
79 8
82. 8
83. 0
82 4
67 0
75.2
62.4
71 4
56 6
61.3
41 2
64.3
67.2
61.7
48 2
77 2
84.9
84.7
91 2
86 5
73 4
79 2
58.4
67 8
73.5
93.8
94 6
51.6
88. 2
99.0
70 1
79.3
81.0
79 4
82.8
74.8
61.9
72 3
55 5
60.4
38 0
62.5
65. 1
63.0
46 0
77 5
85.6
85.7
81 5
68 0
77 0
66.0
74 8
61 3
63.2
48 2
66.7
69 1
71.7
53 3
78 7
88.6
87.2
93 9
87 3
75 5
78 8
71.5
69 2
72.4
91.8
89 3
50.3
89.6
98.4
78 0
80.1
81.0
79 2
83.0
87.0
86 3
65 8
77 i
65. 1
73 9
59 6
58.8
49 2
66.2
66 5
67. 9
57 3
78.6
86. 7
90.7
89.7
88 0
73 7
79 2
59.0
68. 1
73.4
94.0
92 2
51.6
89.2
98.6
74 9
80.1
81.0
79 3
82.9
83.5
83 6
66 6
76.0
64.1
71 9
58 7
63.7
41 1
64.3
65.0
68.0
48 9
78 3
86.3
86.6
93 9
87 4
74 4
78 8
65.2
68.4
73.1
92.3
90 8
51.1
89.5
98.5
77 2
79.9
80.8
78 8
82.9
85.5
83 6
66 1
77 9
85. 9
74 3
61 3
62.3
A9 5
67.3
68 9
71.6
56 5
78 5
86.4
88. 5
93 9
86 4
41. 3
86. 3
88. 3 i
88.7
78.0 i
74. 8
74. 6
75. 1
80. 6
77. 7
(37.6 !
73.4
60.6
71.7
57.6
64.8
45.9
64.8
65.7
71.1
51.0
74. 1
81. 3
81.5
90.3
79. 4
73 1
79.6
57.6
89.0
65.5
88.8
99.5
40.9
91.7
96.1
91.5
82.5
77.6
76.8
78.6
81.2
78.6
68. 2
74 7
76 9
81.1
91.3
74.8
34 5
82 7
65.1
43.2
82.2
74 7
77 1
84.8
88.8
74.7
32 0
84 5
65.3
43.2
82.4
73 7
76.8
88.0
86.0
72.5
30 4
84 4
65.5
43.2
82.5
72 5
76.4
87.9
85.5
71.2
29 6
84 3
85.7
43.2
82.5
72.5
76.5
87.5
86.5
70.6
29 7
84 3
67. 5
43.2
83.0 |
72.7
78.9
87.2
88.6
67.0
31 0
84.3
68.5
43.5
82.7
72. 7
76.5
87.2
89. 1
65.6
29.4
84.0
69.3
44.6
82.7
76.2
75.3
85.7
88.2
04. 2
28.4
82. 0
69. 5
44.6
83. 6
. 71.0
86.6
70.9
85.5
"''?, "?
;
78 2
101. 7
34. 4
82. 4 :
85. 5 :
81.4
74.3 '
73. 4
73. 4
73. 8
79. 3 ;
78 2
63.2
i
!
'
<
!
100. 2
;
79 0
71.9
69.5
71.4
88.5
89. 4
48.7
88. 7
98. 5
73 4
79. 7
81.4
79. 8
83.2
87.1
86.3
66. 3
93 3
a 38 9
91 8
88 5
85.9
75. 5
78. 6
68! 7
71.7
88.3
92. 2
49. 4
88. 9
98. 5
76. 7
78.4
81.6
79. 9
83.5
87.9
87.3
68.0
61.3
55. 9
61.9
57. 9
48. 0
29 1 !
ol 5 1
58.9
37.8
70.7
67. 4 :
61.5
64. 5
67. 1 !
50. 9
35 2
63 8
60. 8 :
40. 1
73. 5
69. 4
68.0
70. 6
80. 2
55. 2
37 9
72 3
64. 0
41. 4
78. 1
!
I
70.3
74.6
74.4
93.5
69.4
34 6
78 9
65.4
43.2
81.0
62 1
64 5
79 1 i
69 7 i
82 8 i
69 6
85 0
70 0
86 2
68 5
85 i
68 2
84 6
68 4
86 1
69 7 !
87.2
71.7
87.5
34 2
46. 5
48 4 i
31 6 i
11 6
22 2
32 7
39. 6
71.4
38. 8
37 8
45. 5 ;
5i) 2
35 3 i
14 4
30. 1 !
34 7 i
42. 3 i
87. 9 !
39. 9
42 8
45. 5
62 5
39 7
18 8
31. 8
38 4
52. 1
92. 3
50. 3
39 7
45. 0
63 4
35 3
17 i
26.3
36 9
63.2
89.0
42.8
41 5 '
45. 0 i
63 3
35 7
17 0
26. 4
39 9
77! 1
92. 8
46. 3
37 6
44. 5
57 5
35 7
17 9
23! 0
33 7
72. 8
95. 3
34. 8
39 3
44.5
57 0
36 8
20 3
20.5
30 4
73.7
105.6
43.4
39 3
46.5
57 0
37 5
20 8
19.8
30 2
75.2
105.2
41.6
41 2 i
50.4
57 0
41.5
21 8
20.3
29 9
78.4
103.2 i
44.1 !
43.2
57.3
56.3
45.2
24.5
21.7
33 2
78.2
102. 7
42.1
42.4
57.8
56.3
45.2
25.8 !
19.6
27.7
76.3 !
106.9
42.6
41.0
55.9
59.1
43.8
28.3
18.4
19.5
76. 8
110.6
43.2
141. 4
139. 7
197. 2
130. 5
141.6
140.4
194.6
130. 9
142.2
144.1
202.8
131.8
139.5
142. 5
197.2 ;
131.4 [
136.8
138.3
181. 5
130. 0
136.6
138. 1
181.5
129.7
137. 4
139. 5
186. 6
129. 9
180.5
159.7
222. 7
141. 2
i
155.0
154. 8
215.5
139. 9
1
!
!
!
i
i
I
i
146.2
142. 9
181.5
135. 3 1
144. 9
140.4
191.6
132. 5
142. 2
140. 1
197. 2
130. 7
i
:
!
!
i
j
i
i
i
!
i
1
CONSTRUCTION AND REAL ESTATE
j
CONSTRUCTION CONTRACTS
!
AWARDED
|
Contracts awarded, F.R.B.:
j
33
38
40
Total, unadjusted
.1923-25=100-.!
21
46
32
24 ;
42
25
30 !
35
19
12
10
10
Residential
1923-25=100. J
11
15
12
12 I
14
12 |
13
13 j
13
33
44
49
Total, adjusted
1923-25=100. _|
26
58
18
21 1
24
37
48 '
30
16
11
12
12
Residential
1923-25 = 100. J
12
13 i
11
13
13 i
12 !
12
13
13
a
Revised.
1932; Wor
Wor d Prices,
ecember 1932;
* New series. For earlier data on the following subjects refer to indicated pages of the monthly issues as follows: Fairchild's Index,
December
ndex, p. 19, D
p. 20, September 1932; Purchasing Power of the Dollar, p. 18, August 1933.
# The data on retail prices of food until Aug. 15 were reported as of the 15th of each month. From then on the prices have been reported every 2 weeks. The monthly
figures here given subsequent to August 1933 represent the figure nearest to the 15th of the month.
25
SURVEY OF CURRENT BUSINESS
July 1934
Monthly statistics through December 1931,
together with explanatory footnotes and references to the sources of the data, may be found
in the 1832 Annual Supplement to the Survey
1934
May
1934
1933
May
June
October J N ™7- Decem- January »
1 August September
ber
July
March
April
CONSTRUCTION AND REAL, ESTATE—Continued
CONSTRUCTION CONTRACTS
AWARDED— Continued
F. W. Dodge Corporation (37 States):
Total, all types:
Projects
_
_ _
number
Valuation .
thous. of dol
Nonresideutial buildings:!
Projects
_
number _
Floor space
thous. of sq ft
Valuation
thous. of dol
Public utilities:*
Projects
number..
Valuation
_ ._
thous. of dol
Public works:#
Projects
number
Valuation
thous. of dol _
Residential buildings:
Projects
_ _
number
Floor space
thous. of sq. f t _ _
Valuation
thous. of dol
Engineering construction:!
Total contracts awarded (E.N.R.)
thous. of dol. .
9,153
134, 446
3,210
8,093
52, 797
MISCELLANEOUS DATA
Construction— employment and wages:
Employment, Ohio. (See Employment.)
Wages, road building. (See Employment.)
Fire losses, United States
thous. of dol
Ship construction. (See Trans. Equipment.)
Real estate:
Home Loan Bank, loans outstanding *
thous. of doL.
Market activity
each month 1926 = 100
New financing (See Finance.)
8,186 a 7, 594
105, 989 "120, 134
7,476
145, 367
3,152 0 3, 076
6,525 0 7, 051
31, 639 " 50, 186
0
2, 777 « 2, 302
6, 337
6,470
32, 708 « 37, 836
2,387
8, 330
31, 117
a
0
2, 801
« 6, 920
39, 983
a
6, 232
162, 341
7,677
207, 210
7,729
186, 464
5,507
96, 716
2, 072
5,053
27, 645
3,189
5,185
50, 040
3,419
5,470
57, 616
2,256
4,271
29, 015
2,959
7,673
57, 329
3,141
7,991
38, 737
0
7,927
8,114
178, 346 <* 131, 330
205
5,599
176
5,640
164
5, 046
160
4,132
157
19, 395
173
3,425
210
6,995
215
6,938
322
34, 043
358
10, 596
185
6,443
245
21, 003
193
12, 372
1,537
51, 202
782
13, 372
933
19, 392
910
14, 809
1,251
32, 003
1,591
57, 324
1,718
85, 729
1,445
104, 141
2,446
99, 227
2,222
103, 141
1,101
46, 739
1,761
71, 937
1,184
57, 535
4,201
6, 159
24, 847
5,299 °5,OQ1
8,352 <* 8, 295
26, 520 « 27, 718
4,357
7,383
23, 630
4, 001
6, 369
21, 884
3,528
6,296
21, 549
3,161
6,868
21, 526
2,500
6, 433
23, 616
1,720
5,890
23, 900
1,730
3,943
15, 110
1,965
3,634
14, 520
2,962
8,046
28, 076
3,596
5,985
* 22, 686
78, 198
104, 200
50, 368
74, 063
106, 677
141, 622
147, 446
102, 563
101, 581
79, 261
122, 204
101, 192
1,902
1,633
1,861
1,547
1,428
879
5, 650
5, 300
5,764
4,826
7,970
6,409
5,542
4, 171
5,918
4,107
3,921
2,131
3,586
2,356
3,353
2,143
2,459
1,463
4, 648
72, 778
5,147
74, 731
4,748
76, 619
5,607
93, 439
4, 491
80, 795
4,333
80, 456
4,267
77, 283
3,279
62, 216
34, 962
32, 893
1,063
2,305
92, 215
85, 989
3, 177
5,910
134, 491
124, 652
5,071
8, 813
159, 575
147, 264
5,561
10, 504
197, 088
180, 944
7,042
12, 084
216, 291
198, 759
7,574
12, 827
239, 974
221, 169
7,955
13, 062
269, 229
248, 942
8,435
14,111
116, 743
HIGHWAY CONSTRUCTION
Concrete pavement contract awards:
3, 752
Total
thous. of sq. yd_.
Roads only
thous. of sq. yd..
2,200
Highways:
Approved for construction (N.I.R.A.):*
Mileage
.. _
number. _ 2,405
Public works funds allotted-.thous. of dol_. 43, 297
Under construction (N.I.R.A.):*
Estimated total cost
thous. of dol__ 288, 460
Public works funds allotted thous. of dol
267, 371
Federal aid funds allotted.— thous of doL.
8,914
Mileage
number
14,311
CONSTRUCTION COSTS
Building costs — all types (American Appraisal
Co.)*
1913-100 .
Building costs— all types G1.G ( .C.)__1913 = 100__
Building costs— all types (E.N.R.*) §_1913=100.._
Building costs factory (Aberthaw) 1914 — 100
9,409 a 9, 174 « 8, 228
77, 172 •102, 342 « 82, 554
i
180
199.6
140
158
164.4
141
161
163.4
168
148
162
165.5
150
165
167.0
151
166
175.5
173
151
166
187. 7
152
167
190.1
153
168
192.1
175
153
168
191. 3
154
169
194.0
156
172
194.0
176
180
195.9
25, 271
24, 339
21, 579
20, 004
23, 627
20, 448
21, 465
22, 454
27, 626
28, 003
31, 443
31,312
22, 029
86, 842
38, 932
46.4
47, 579
44.9
53, 745
41.5
59, 806
47.4
66, 329
42.2
73, 110
45.8
80, 699
54.1
88, 442
53.8
92, 497
51.5
94, 040
46.3
93, 125
46.3
88, 922
45.2
DOMESTIC TRADE
ADVERTISING
Radio broadcasting:
3,585
3,998
3,740
3,793
3,466
2,103
3,256
3,697
1,907
3,728
1,816
2,065
Cost of facilities, total
thous. of dol
2,287
348
338
268
338
273
289
234
209
261
371
121
115
128
Automotive
thous. of dol
4
0
7
0
0
0
26
32
17
15
6
30
Building materials
thous. of dol
0
36
18
30
40
24
46
43
43
5
22
9
Clothing and dry goods
thous. of dol_.
30
53
142
119
162
109
168
188
177
39
80
Confectionery
thous. of dol._
78
38
38
33
1,222
1,089
1,196
1,168
1,048
910
978
357
499
1,168
550
519
470
Drugs and toilet goods
thous. of dol._
a
64
57
63
64
65
60
89
95
56
93
61
Financial
.
thous. of dol .
56
79
999
945
1,132
1,061
997
1,091
655
1,080
974
542
571
713
607
Foods
thous. of dol
0
12
78
46
54
55
36
11
38
44
16
23
50
House furnishings
thous of dol
12
3
0
0
15
0
0
9
0
0
0
0
Machinery
.thous. of dol
0
22
21
24
20
19
19
11
11
20
12
9
7
15
Paints and hardware
thous. of dol__
245
267
241
259
307
258
238
243
311
243
220
«333
236
Petroleum products. _
_ thous. of dol._
39
45
45
54
47
58
58
44
46
60
44
19
36
Radios
thous. of dol._
0
0
0
0
0
0
0
0
0
0
Shoes and leather goods
thous. of doL.
0
0
0
Soaps and housekeepers' supplies
142
190
92
190
115
145
92
95
70
82
59
thous. of dol__
216
71
0
0
0
0
0
0
0
0
0
0
0
0
0
Sportin^ goods
_thous. of dol
18
31
13
2
13
23
4
0
0
35
17
8
Stationery and publishers-__thous. of dol._
392
416
328
134
381
437
185
162
113
241
187
310
207
Tobacco manufactures
thous. of dol__
112
114
89
84
67
47
69
27
10
42
53
110
23
Miscellaneous
_
__thous. of dol
Magazine advertising:
9,232
8,209
11,693
6,283
9,403
8,319
9,148
6,345
5, 879
6,388
11,586
576
9,036 0 7,
Cost, total
_thous. of dol
a
982
1,136
1, 543
574
486
792
935
739
760
689
1,665
779
676
Automotive
thous of dol
183
293
139
173
97
218
227
100
97
120
267
Building materials
thous. of doL.
189
"106
298
413
187
304
178
245
357
«202
141
79
191
393
268
Clothing and dry goods
thous. of doL.
142
302
86
168
100
262
300
295
275
180
165
153
« 193
Confectionery
thous. of dol
1,894
2,193
1,332
2,431
2,056
2, 335
1,969
1,400
1,407
1,458
2,170
Drugs and toilet goods
thous. of doL.
2,008 « 1, 580
192
220
250
196
179
226
240
184
167
153
266
177
197
Fmancial
thous. of doL.
0
Revised.
* New series. For earlier data on building costs, American Appraisal Co., refer to p. 20 of the August 1933 issue. N.I.R.A. highway work started in September 1933.
First Home Loan Bank data were issued for December 1932.
t Revised series. For revisions of construction contracts awarded on nonresidential buildings for years 1930, 1931, and 1932, refer to p. 20 of the September 1933 issue.
# These series represent a break-down of the combined total shown in the Survey previous to September 1933. For earlier data see p 20 of the September 1933 issue.
1 Mouths of June, August, and November 1933 and March and May 1934 include 5 weeks, other months include 4 weeks.
§ Index for June 1, 1934, 199.6.
69507—34
4
26
SURVEY OF CURRENT BUSINESS
Monthly statistics through December 1931,
together with explanatory footnotes and references to the sources of the data, may be found
in the 1932 Annual Supplement to the Survey
1934
May
July 1934
1933
May
June
July
1934
October NovemAugust Septem~- January Februber
ber
ary
March
April
DOMESTIC TRADE—Continued
l
ADVERTISING— Continued
Magazine advertising — Continued.
Cost, total— Continued.
Foods
thous. of dol_.
Garden
_. _ _ thous. of dol .
House furnishings
thous. of dol
Jewelry and silverware
thous. of dol_.
Machinery
thous. of dol. .
Office equipment
-thous. of dol._
Paints and hardware
thous. of dol__
Petroleum products
thous. of dol__
Radios
thous. of dol__
Schools
- _ - - _ -thous. o f d o l
Shoes and leather goods
thous. of dol_.
Soaps and housekeepers' supplies
thous. of dol__
Sporting goods
thous. of dol__
Stationery and books
thous. of dol__
Tobacco manufactures
thous. of dol._
Travel and amusement
thous. of dol._
Miscellaneous
_.
thous. of dol _.
Lineage, total f
thous. of lines..
Newspaper advertising:
Lineage, total (22 cities)
thous. of lines- _
Lineage, total (52 cities)
thous. of lines. Classifiedthous. of lines.Display
thous. of lines..
Automotive . _. . . thous. of lines. _
Financial
thous. of lines.General
thous. of lines. Retail
thous of lines
1,711
61
1 039
190
45
102
203
1,834
56
637
70
24
23
97
326
39
127
200
14
35
79
268
47
0
126
154
1,343
10
200
47
23
25
38
236
58
121
85
1,018
5
129 !
26
24
13
666
177
109
377
337
175
1, 544
62, 184
94. 649
17, 019
77, 630
7,021
1, 528
16, 133
52 947
1,685
15
663
127
25
76
117
202
103
116
140
1, 958
7
594
160
29
70
82
168
273
105
134
1,777
8
367
176
29
83
32
190
238 I
84 !
106
1,173
50
229
119
320
101
136
13
1, 155
10
270
36
14
18
53
225
85
143
58
518
142
100
326
233
147
1.272
440
131
95
364
130
127
1,184
517
76
123
337
131
178
1,407
645
81
237
453
220
228
1,870
582
46
202
399
246
218
1,899
61, 258
93, 168
16, 345
76, 823
7,991
1,722
16, 448
50 663
49, 364
78, 319
1 6, 064
62, 255
6, 139
2, 396
14, 272
39 448
53, 710
86, 339
18, 158
68, 181
6,797
1,392
15, 198
44, 794
62, 327
92, 618
17, 287
75, 331
5,408
1, 259
16, 337
52 326
70, 271
105, 970
19, 467
86, 503
4, 683
1,497
20, 071
60 252
66, 357
99, 823
16, 199
83, 624
5,565
1,500
18. 769
57 791
60 5
61 9
62 3
62.7
63 5
64 2
65.2
3,373
2,933
2,402
2, 392
3,839
2,304
612, 653
643, 449
644, 172
690, 177
643, 621
3 553
34, 097
3 417
35, 399
3 240
33, 129
3 061
30, 957
3 078
30, 894
thousands. . 11, 257
thous. of doL. 89 684
thous. of dol._
9,737
88, 465
2,261
10, 027
88, 721
2,330
8, 863
81,759
2, 109
9, 598
87, 281
2, 072
thous. of dol_.
thous. of dol
24, 393
2 703
24, 988
2,701
228
100
128
213
711
184
149
425
521
652
2,501
112, 122
17, 932
94, 190
9,296
1,481
21, 798
61 616
748 !
135
117
450
380
200
1,732
« 1,513
0
22
0
452
110
17
167
235
124
54
1,785
76
348
34
32
83
45
119
65
110
39
1,916
59
535
33
27
91
91
145
115
101
62
1,969
75
867
109
40
110
163
258
108
113
198
371 i
102
325
370
291
224
1,791
336
93
166
421
283
312
1,375
583
55
161
439
284
319
1,765
576
72
187
449
343
414
2,013
717
114
198
523
459
574
2,469
63,962 i
96,716
15, 5*8
81, 168
3,936
1,506
12, 275
63 451
55, 462
82, 455
15, 045
67, 409
5,931
2, 159
13, 977
45 343
80, 788
13, 661
67, 126
4,358
1, 643
16, 745
44 381
103, 648
16, 577
87, 071
6, 179
2,010
19, 384
59 498
107, 491
17, 808
89, 683
8, 180
1,808
20. 183
59 512
67 4
67 6
67 2
67 4
66 5
2,384
2,525
2,864
2,106
2, 507
2,393
665, 458
631, 748
657 203
3 057
30, 959
3 338
33, 146
3 250
32, 232
4 013
35, 487
3 611
34, 551
3 419
31, 743
3 822
36, 183
3 519
34, 225
9,426
87, 571
2,619
11, 106
102, 877
1,998
11, 173
98, 630
2,279
12, 118
98 551
5,110
11, 282
89, 761
2,030
10, 056
79, 192
2,006
11,999
94, 176
3, 047
10, 476
85, 219
2,118
GOODS IN WAREHOUSES
Space occupied, public merchandising warehouses
percent of total
NEW INCORPORATIONS
Business incorporations (4 States)
number.
2,320
POSTAL BUSINESS
Air mail, weight dispatched
Money orders:
Domestic, issued (50 cities):
Number
Value
Domestic, paid (50 cities):
Number
Value
Foreign, issued— value
Receipts, postal:
50 selected cities..
50 industrial cities
. pounds..
thousands
thous. of dol._
_.
RETAIL TRABE
Automobiles:*
New passenger car sales:
51 2
22 8
Unadjusted
1929-31 = 100
58 3
42 7
33 0
45 7
59 9
65 2
57 5
68 4
17 3
77 7
Adjusted
1929-31=- 100. .
52.0
52.0
53.5
53.0
33.5
54.5 i
42.5
49.0
64.5
55^5
52.5
30.5
Chain store sales:
Chain Store Age index:*
Combined index (19 companies) t
av. same month 1929-31 = 100
82 i
84
84
85
83
89
85
78
88
86
88
Apparel index (3 companies) f
82
av. same month 1929-31=100
91
84
88
93
90
79
81 i
100
79
88
Grocery (6 companies)
av. same month 1929-31 = 100. _
80
81
79
80
79
81 1
79
80
76
83
83
Five-and-ten (variety) stores:*
82 5
70.2
Unadjusted
1929-31 = 100
79 1
74 4
76.7
86.8
73.0 i
78 1
86 9
87.2
153 7
90 0
0
83.2
Adjusted
1929-31 = 100
86.7
088.4
«94. 2
87.5 i « 94. 8
78.1
85.6
°85. 5
83.6
"83 3
90.0
H. L. Green Co., Inc.:*
2,082
1, 782
1,994
1,525 1 2, 377
2,106
1,619
Sales
thous. of doL. 2,218
1, 857
4,071
134
132
132 1
Stores operated
number
135
135
133
135
135
132
133 ;
S. S. Kresge Co.:
9, 921
12. 321
9,941
10, 635
10, 465
8,825
8,797
Sales
thous. of dol__ 11, 680
10, 305
9, 407
10, 848
19, 732
721
719
721
722
Stores operated
number
719
720
721
723
716
718
720
'723
S. H. Kress & Co.:
Sales
thous. of dol
5, 417
5,406
5,771
5,107
5,083
4,978
4,830
4,929
5,586
11,441
6,331
6, 096
Stores operated _
number I
231
231
231
230
230
230
231
231
231 !
230 !
230
230
McCrory Stores Corp.:
2,492
2, 619
2,867
2,837
2,497
Sales
thous. of dol
2, 361
2,551
2,800
5,664
2,546
3, 257
2,745
Stores operated..
_-number_- 1
225
209
209
205
204
230
227
210
209
209
204 \ 237
G. C. Murphy Co.:
1,912
1,994
1,584
Sales
thous. of dol 1 2, 367 1 1, 661
1,808
1,804
1, 803
1,976
1,555
2,246 '
3,591
179
179
Stores operated
_ number.. i
179
179
179
180
180
178
179
180
180
181
F. W. Woolworth Co.:
20, 357
21, 642
22, 035
Sales
thous of dol '> 22 005 a19, 801 19, 344
19, 583
20, 996 ' 36, 996
18, 137
17, 860
24, 035
1,942
1,942
Stores operated
number
1, 932
1,935
1,937
1,936
1,937
1,937
1,937
1,940 i
1,946
1,936
Grocery chains:
A. & P. Tea Co.:
(2)
59, 923 ! 64, 272 81, 292
79, 503 1; 63, 445
76, 005
63, 856
77, 631
Sales, value total
thous. of dol 1
61, 525
60, 661
64, 479
15, 901
15,201
15, 964
14, 981
Weekly average
thous. of doL. | (2)
15, 381
15, 861
15, 165
15, 526
16, 088
16, 120
16, 258
Sales, tonnage, total (estimated) ...tons..
397, 498 507, 361 382,751 458, 606 357, 638 376, 069 460, 525 386, 947 356, 514 377, 782 477, 825
(2)
91. 721
92. 105
89. 129 i 94. 446
Weeklv averaee
tons..
99. 375 101. 472 ! 95. 688
89. 410
94. 017
96. 737
95. 565 i
a
2
Revised.
Discontinued.
* New series. For description of Chain Store Age indexes see p. 19 of the December 1932 issue. Comparable data of H. L. Green Co., Inc., sales prior to July
available. For earlier data on automobiles see p. 19 of the April 1934 issue and variety store sales p. 18 of the March 1934 issue.
t Revised series. For revisions refer to the indicated pages of the monthly issues as follows: Magazine advertising, p. 20, October 1933; combined sales index and
sales index of Chain Store Age, p. 26, October 1933.
0
a
87 9
59. 0
86
103
78
82.5
87.2
1, 903
133
10, 146
724
5, 732
230
2, 582
204
2, 060
180
19, 788
1, 944
62, 464
15, 616
364, 467
91.117
1933 not
apparel
27
SUEVEY OF CUKRENT BUSINESS
July 1034
Monthly statistics through December 1931,
together with explanatory footnotes and references to the sources of the data, may be found
in the 1932 Annual Supplement to the Survey
1934
May
1934
1933
May
June
July
Decem- January FebruAugust SeptemOctober November
ber
ary
ber
March
April
DOMESTIC TRADE—Continued
RETAIL TRADE— Continued
Restaurant chains (3 companies) :
Sales
thous. of dol
Stores operated - _
.number. .
Other chains:
W. T. Grant & Co.:
Sales
thous. of dol_.
Stores operated
number. _
J. C. Penney Co.:
Sales
thous. of dol
Stores operated
.
number
Department stores:
Sales, total value, adjusted
1923-25=100..
Sales, total value, unadjusted._1923-25=100._
Atlanta
1923-25 = 100
Boston
1923-25 = 100
Chicago.
1923-25=100..
Cleveland
1923-25 = 100
Dallas
1923-25=100..
Kansas City
1923-25 = 100
Minneapolis
.. . .1923-25=100
New York
1923-25=100..
Philadelphia*
1923-25-100
Richmond
.
1923-25=100..
St Louis
1923-25=100
San Francisco
1923-25=100 .
Installment sales, New England dept. stores,
ratio to total sales
percent. .
Stocks, value, end of month:
Unadjusted
1923-25=100
Adjusted
._
1923-25=100
Mail-order and store sales:
Total sales, 2 companies
thous. of dol._
Montgomery Ward & Co... thous. of dol. _
Sears, Roebuck & Co
thous. of dol- .
3,173
379
3,012
376
3, 045
373
3,298
376
3,218
375
3,444
375
3,141
375
3,568
374
3,472
374
3,146
373
3,678
373
3 541
6,553
451
6,512
452
5,784
5,752
454
454
6,423
454
7,113
454
6,900
456
12, 451
457
4,833
4,550
457
457
6,774
457
5 950
457
17 086 « 14, 432
1,478
1,467
14, 617
1,478
13, 564
1,478
14, 204
1,477
16, 288
1,471
18, 643
1,468
19, 216
1,468
25, 824
1,467
12, 444
1,466
11, 745
1,466
16 497
1 467
15 477
1 465
67
67
66
69
68
61
65
63
60
76
59
81
60
73
68
64
54
65
66
58
54
57
55
77
58
74
70
49
46
70
73
67
70
77
79
65
75
71
69
121
117
69
57
57
71
59
64
77
73
83
a 77
"73
66
46
48
45
44
44
40
49
39
51
42
67
77
59
65
6.9
5.7
7.9
12.7
9.8
9.3
7.0
4.2
7.4
9.4
6.6
6.5
56
55
56
62
73
77
78
62
57
56
59
63
67
68
51, 072 « 37, 923
20, 935 o 15, 248
22, 675
30, 137
38, 986
16, 165
22, 821
7,180
457
77
77
78
71
79
76
79
75
67
82
67
97
75
73
67
66
K.-7
57
65
61
60
61
56
61
50
66
57
76
60
64
33, 566
40, 327
15, 657
24, 670
13,615
19, 951
73
75
64
67
68
70
78
60
79
63
73
70
43, 219
16, 600
26, 619
76
76
66
81
74
58
93
73
94
70
72
74
69
61
75
67
54
89
66
87
70
69
114
114
103
120
113
93
140
105
147
106
131
61
60
52
56
52
46
63
49
61
53
63
46
61
51
61
54
43
58
43
57
52
59
73
75
73
84
75
73
85
69
92
71
82
372
a 74
a
0
64
76
70
a 72
a
70
65
a 77
58
81
67
69
70
69
65
66
53, 550
23, 017
30, 533
52, 037
20, 742
31, 295
61,971
25, 022
36, 949
36, 705
14, 734
21, 971
36, 016
15, 422
20, 594
43, 592
18, 312
25, 280
46, 037
20, 872
25, 165
66
65
65
EMPLOYMENT CONDITIONS AND WAGES
EMPLOYMENT
Factory, unadjusted (B.L.S.)*...1923-25=100..
Chemicals and products
1923-25=100..
Chemicals
1923-25=100..
Druggists' preparations
1923-25=100..
Paints and varnishes
1923-25=100..
Petroleum refining
1923-25=100..
Rayon and products
1923-25=100..
Food and products
1923-25=100. _
Baking
1923-25 = 100..
Beverages
1923-25=100..
Slaughtering, meat packing. .1923-25=100..
Iron and steel and products—_1923-25=100—
Blast furnaces and steel works. 1923-25=100..
Structural and metal work. _ .1923-25=100..
Tin cans, etc
1923-25=100..
Leather and products
1923-25=100..
Boots and shoes
1923-25 = 100..
Leather
1923-25=100..
Lumber and products
1923-25=100..
Furniture..
1923-25=100..
Millwork
1923-25 = 100..
Sawmills
._ 1923-25 = 100Turpentine and rosin
1923-25 = 100..
Machinery
1923-25=100..
Agricultural implements
1923-25=100..
Electrical machinery, etc
1923-25 = 100..
Foundry and machine shop products
1923-25 = 100..
Radios and phonographs
1923-25=100._
Metals, nonferrous
1923-25=100..
Aluminum manufactures
1923-25 = 100._
Brass, bronze, copper prod...1923-25=100..
Stamped and enamel ware.._1923-25=100_.
Paper and printing
1923-25=100..
Paper and pulp
1923-25=100..
Railroad repair shops
1923-25=100..
Electric railroad
1923-25=100..
Steam railroad
1923-25=100—
Rubber products
1923-25 = 100—1
Rubber tires and tubes
1923-25=100—1
Stone, clay, and glass products 1923-25=100. _i
Brick, tile, and terra cotta... 1923-25=100..
Cement
1923-25 = 100..
Glass
1923-25=100..
Textiles and products
1923-25=100..
Fabrics
1923-25=100..
Wearing apparel
1923-25 = 100. _
Tobacco manufactures
1923-25 = 100. _
Transportation equipment
1923-25 = 100._
Automobiles
1923-25 = 100..
Cars, electric and steam
1923-25 = 100. _
Shipbuilding..
1923-25 = 100—
Factory adjusted *_______________1923-25=100..!
Chemicals and products_______1923-25=100Chemicals___________________1923-25=100..
Druggist preparations_________1923-25=100..!
Paints and varnishes________1923-25=100..
Petroleum refining__________1923-25= 100. J
Rayon and products_________1923-25=100—1
Digitized for 0FRASER
Revised.
*
New series. For earlier data see p. 20 of the
http://fraser.stlouisfed.org/
employment.
Federal Reserve Bank of St. Louis
82.4
106.1
111.2
97.7
107.4
109.5
267. 7
99.6
113.2
169.1
96.7
75.1
76.8
58.5
91.2
91.4
91.3
92.1
51.0
61.3
40.4
36.1
102.4
81.3
83.0
65.4
62.6
85.7
75.4
81.8
83.8
95.3
246.9
85.1
96.8
135.9
80.4
51.0
49.8
40.6
72.9
79.9
81.6
73.8
37.9
53.6
31.8
23.7
71.9
50.1
35.4
45.5
66.9
87.9
80.5
82.9
89.4
96.9
260.1
89.7
98.1
160.4
82.9
55.7
54.6
42.0
78.0
83.4
84.0
81.1
42.7
59.4
34.9
27.3
81.1
54.2
38.5
48.0
71.5
92.3
87.9
86.4
92.0
96.9
281.4
94.5
99.5
166.6
85.2
61.8
62.1
45.5
81.8
89.5
90.3
86.3
46.6
62.4
38.7
30.8
83.5
58.1
40.1
51.4
76.4
99.1
96.8
88.7
93.5
98.9
316.1
105.4
102.7
162.7
94.2
68.4
69.8
49.3
89.8
92.9
93.2
92.2
50.4
68.7
39.8
33.6
89.4
64.5
43.5
55.0
80.0
106.0
101.2
95.1
94.1
104.9
330.3
120.9
108.9
161.1
102.2
71.4
71.8
53.9
92.3
90.7
90.3
92.5
54.3
77.2
39.9
35.6
97.6
69.8
48.2
58.4
79.6
109,1
103.2
99.8
94.0
108.8
331.3
115.9
110.1
150.6
101.5
69.8
70.2
54.6
85.0
88.9
88.3
91.4
55.2
78.5
38.7
36.2
103.9
73.0
52.4
60.6
76.2
108.4
104.0
101.9
91.1
110.0
332.0
104.8
109.1
136.3
98.9
67.9
67.9
53.3
83.9
79.1
77.0
87.8
52.3
72.4
37.2
34.7
101.1
73.3
56.1
60.3
74.4
107.6
103.5
103.0
90.1
111.2
322.0
99.2
107.7
140.5
98.0
66.6
67.0
52.7
86.4
78.7
75.8
90.8
49.8
65.9
36.3
33.3
107.7
71.8
61.2
59.4
73.3
107.9
104.8
101.9
93.9
110.3
319.4
94.1
106.4
140.5
96.5
63.5
65.0
51.6
79.1
82.9
80.8
91.4
45.6
60.0
33.3
30.7
97.8
70.0
65.8
57.8
77.7
110.6
104.8
102.4
97.6
110. 6
325.2
93.9
108.4
141. 5
95.5
66.6
67.3
52.8
79.6
90.3
89.6
93.6
47.1
62.4
36.1
31.3
98.6
72.9
75.6
59.2
80.8
112.8
107.7
103.1
98.4
110.2
321.9
96.2
110.3
147.7
92.8
70.0
70.1
53.9
85.4
92.7
92.2
95.1
48.5
63.0
37.6
32.6
101.4
76.8
75.9
61.8
82.3
113.3
110.8
100.6
102.6
107.8
319.0
97.2
111.2
156.6
92.4
72.6
72.9
56.0
88.2
92.3
92.2
93.2
49.4
60.8
39.4
34.3
101.2
80.3
87.2
63.7
73.6
201.2
77.8
78.1
81.2
95.6
95.9
107.2
59.6
66.7
59.1
89.1
82.7
57.7
33.1
57.6
95.1
96.1
94.9
94.7
61.3
99.4
114.4
48.2
73.1
45.2
119.0
54.1
64.0
55. 2
70.0
80.6
82.1
49.7
66.2
48.5
62.4
56.8
41.3
24.4
40.5
64.6
82.3
78.3
88.2
59.2
48.8
53.9
22.8
47.5
48.9
135.0
58.4
67.7
61.8
75.3
82.3
84.9
48.4
65.6
47.1
69.3
65.0
45.9
27.9
46.5
71.1
89.7
88.4
89.0
61.2
51.7
58.2
19.8
48.0
52.9
138.0
61.7
72.3
69.1
80.0
84.1
89.9
65^2
50.7
77.4
73.2
49.3
33.3
50.2
72.0
95.4
96.7
88.3
60.3
58.3
65.9
24.7
52.3
59.4
158.7
69.2
80.3
76.2
89.3
88.7
97.6
54. 2
64.7
53. 3
86.6
78.0
52. 8
35.6
53.1
77.8
97.8
99.3
90.3
62.2
61.6
68.7
29.4
57.5
62.4
195.9
74.3
84.5
78.3
92.4
92.7
103.1
55.1
65.1
54.3
88.8
76.3
52.9
34.8
48.0
80.4
98.2
97.6
95.6
61.7
64.3
71.6
28.5
64.2
63.6
238.2
75.6
83.2
77.5
93.3
94. 5
104.1
55.0
65.8
54.1
88.7
74.7
51.6
31.8
41.4
81.1
97.7
96.7
95.8
64.6
59.1
64.2
27.9
66.1
62.5
248.3
72.6
81.7
74.8
79.8
94.2
102.2
54.8
66.6
53.9
86.7
72.5
50.3
29.2
41.2
82.2
92.9
93.5
87.7
66.0
53.5
56.6
28.5
63.5
61.4
219.4
69.8
80.9
72.1
78.2
94.5
101.1
53.5
66.7
52.5
83.9
71.8
49.0
27.1
36.6
82.9
88.0
89.7
80.4
62.1
61.1
66.1
31.8
67.3
61.2
181.7
67.3
78.0
70.9
72.7
92.4
100.3
52.8
65.9
51.8
82.0
71.5
47.3
24.7
35.6
83.8
88.2
89.4
81.4
54.5
71.2
80.3
31.6
64.4
64.1
177.5
70.9
79.6
72.7
79.8
93.1
102.5
53.4
65.8
52.5
84.6
74.6
49.8
25.6
41.0
89.5
96.8
96.4
93.4
62.1
84.7
97.4
38.5
66.0
68.3
187.6
75.1
81.5
78.1
87.5
93.7
104.4
55.5
66.3
54.7
a
87.1
78.1
52.1
26.9
42.4
93.9
100.0
98.4
99.4
64.4
93.4
108.4
40.8
69.3
71.6
200.2
76.9
82.2
79.1
94.0
95.1
106.8
57.8
66.3
57.2
°90.0
82.1
55.3
30.5
48.0
95.9
99.1
96.8
100.0
64.7
99.1
114.9
43.9
71.7
82.4
107.9
113.1
101.3
103.6
109.7
267.7
62.9
87.1
76.7
84.9
80.8
95.4
246.9
67.4
91.9
82.1
86.8
86.1
96.0
260.1
72.5
96.5
90.1
91.2
92.2
94.8
281.4
76.4
103.0
100.3
90.5
96.1
97.1
316.1
78.0
105.5
101.7
93.1
95.2
103.0
330.3
77.8
106.9
102.1
95.4
93.7
109.0
331.3
75.9
106.6
101.9
98.4
91.8
111.1
332.0
75.0
75.1
106.6 107.7
101.4 103.4
101.4
99.7
91.6
96.1
112.6
112.4
322.0
319.4
.
78.4
109.6
.
103.
101.
97..
112.1
325.2
81.0
110.9
106.5
100.9
97.7
111.3
321.9
82.2
109.4
110.1
102.4
102. 2
107.8
319.0
December 1932 issue, department store sales, Philadelphia, and p. 16 of June, 1934 and pp. 16-19 of this issue, factory
28
SUEVEY OF CURRENT BUSINESS
Monthly statistics through December 1931,
together with explanatory footnotes and references to the sources of the data, may be found
in the 1932 Annual Supplement to the Survey
1934
May
1933
May
June
July
August
Decem- January
°P ^m" j October November
ber
July 1934
1934
April
EMPLOYMENT CONDITIONS AND WAGES— Continued
EMPLOYMENT— Continued
Factory adjusted — Continued.
106.4
91.1
91.7
97.4
92.0
103.2
Food and products
1923-25=100
104. 6
104.0
107. 8
102.3
101.7
104.0
104.3
113.2
96.8
98.0
97.0
102.4
Baking .
...
1923-25=100107. 0
108.4
107.4
108.7
112.6
107.7
110. 8
113.0
97.9
81.4
83.3
96.1
Slaughtering, meat packing— 1923-25 =100. _
85.7
103.2
100.7
93.7
95.1
97.9
93.9
95.4
93.9
74.2
50. 4
55.6
68.7
Iron and steel and products.... 1923-25=100—
62.8
70.9
69.4
64.9
69.1
68.1
67.6
71.5
66.4
75.7
49.1
54.8
70.4
03. 0
Blast furnaces and steel works 1923-25 = 100_ _
71.9
65.5
70.7
68.6
68.1
68.7
71.4
66.6
58.9
40.8
41.8
48.1
F Structural and metal work— .1923-25 =100—
44.6
52.4
53.4
53.0
55.2
53.2
53.1
54. 3
56.7
r
90.3
72.2
75.4
83.8
Tin cans, etc
1923-25 = 100
78.7
87.1
85.2
84.5
88.1
89.8
87.7
87.8
83.2
94.0
82.2
86.9
89.7
Leather and products
1923-25=100
88.9
87.3
90.5
86.7
83.6
82.4
80.9
93.0
88.4
94.2
84.2
88.0
88.8
89.0
Boots and shoes
1923-25 = 100
86.0
82.1
90.0
85.6
79.4
80.6
93.1
87.8
93.4
74.8
93.6
Leather .
1923-25 = 100
83.1
88.8
92.4
91.4
90.4
89.8
92.9
87.2
91.2
93.0
38.2
51.3
49.8
42.6
46.7
52.9
53.1
47.2
JLumber and products. . .. 1923-25 = 100. _
49.8
49.9
50.9
50.0
48.4
64.5
58. 4
61.6
68.6
74.8
65.3
72.2
62.2
64.1
Furniture
1923-25 = 100
63.8
67.3
63.0
63.0
39.9
39.2
Mill work ,
1923-25 = 100 .
31.4
34.5
38. 4
39.5
34. 3
38.4
36.9
38.1
37.2
39.2
36.6
35.6
23.3
26.6
32.7
Sawmills
1923-25=100
30.1
34.5
32.1
35.6
33.7
34.0
34.4
34.5
32.7
82.0
64.2
50. 5
54.4
Machinery
1923-25=10067.9
70.8
78.4
53. 6
71.8
72.4
72.3
81.5
74.0
80.5
34. 3
45.9
38.8
Agricultural implements
1923-25= 10042. 3
51.4
55.0
70.9
61.4
57.9
63.6
82.3
71.1
65.4
45.5
48.0
55.0
Electrical machinery, etc
1923-25=10051.4
58.4
60.6
59.4
61.8
60.3
57.8
59.2
63.7
Foundry and machine-shop products
72.4
44.5
59.3
48.4
1923-25 = 100—
52.9
62.2
64.1
62.1
67.4
63. 7
62.8
70.4
63.8
141.7
144.3
149.0
Radios and phonographs
1923-25 =100.. 239.4
146. 7
168.0
143. 8
203.2
215. 1
215. 8
250.8
216. 4
253.7
78.2
54.4
70.4
Metals nonferrous
• 1923-25—100
59. 1
74.8
63.2
74.8
69.2
69.4
73.7
76. 0
70.1
71.7
80.7
54. 9
62.2
76.8
Brass, bronze, copper prod... 1923-25=100—
79.2
78.4
69 8
76.0
72.6
71.3
75. 6
77. 7
71.3
94. 3
69. 0
91.3
75.2
Stamped and enamel ware— 1923-25 = 1008LO
93.9
93.2
84.3
79.9
79.1
75. 1
91.4
78.9
96.5
81.3
89.9
Paper and printing
1Q23-25— 100
83.1
85.1
93.0
94.2
93.4
93.0
93.0
95. 5
91.7
92.9
107.2
82.1
97.6
84. 9
Paper and pulp
1923-25=100...
104. 4
103.1
104.1
89. 9
102.2
100.3
101.1
106. 8
102.5
59.2
49.4
54.0
Railroad repair shops
1923-25=100
48.0
51.4
54.8
55.8
54.7
53.6
53.6
55.0
54.2
57.4
66.7
66.2
64.7
65.6
Electric railroads
1923-25 — 100
65.8
66.3
65. 2
65. 1
66.7
65.9
66.6
65.8
66.3
58.7
48.2
53.1
Steam railroads
1923-25=100
46.7
54.0
53.8
55.0
50. 4
54.1
52.6
52.6
56.8
53.3
87.5
87.9
61. 3
67.4
Rubber products
1923-25 = 10089.4
89.4
76.2
84.3
89.0
83.4
87.0
85.1
90.4
78.9
54. 2
77.9
Rubber tires and tubes
1923-25 = 10061.0
70.0
77.7
77.3
74.3
79.7
75.1
73.7
75.4
80.7
56.2
40.2
51.4
44.1
Stone, clay, and glass products. 1923-25= 100. _
53.1
48.8
51.0
49.7
50.0
50.0
52.0
. 54. 7
52.7
31.3
23.1
32.9
Brick, tile, and terra cotta... 1923-25=10026.0
32.9
29.2
30.8
31.1
28.6
29.3
28.1
30.3
29.4
55.9
39.3
49.9
Cement
1923-25 = 10043.7
45.2
45.3
46.7
39.8
38.6
40.9
40.1
48.2
46.1
93.4
63. 4
79.1
Glass
1923-25-100
68.8
93.1
83.2
75.0
78.6
76.9
81.2
91.1
94.4
91.8
96.0
82.3
101.2
Textiles and products
.1923-25=100
91.0
100.2
98.1
87.3
97.3
96.1
88.1
92.1
95. 1
97.8
94.8
78.2
103. 1
89.5
Fabrics
1923-25 = 10098.4
88.2
90.
5
95.8
100.7
96.1
91.8
88. 5
94. 8
94.8
88.1
92.4
90.6
W earing apparel _
1923-25=100
94. 9
93.4
94. 8
81.7
88.7
97.3
83. 1
91.3
61.6
59. 5
62. 4
61.4
Tobacco manufactures.. _ _ 1923-25=100.
64.9
61.0
60.0
61.9
6L9
58.4
65.7
63.1
62.6
91.0
61.7
44.7
Transportation equipment
1923-25= 100—
49.0
56. 7
65. 5
63.9
65.6
89.6
60.5
93.8
82.6
104.1
49.0
68.6
Automobiles .
_ 1923-25=10055.1
64. 0
103.7
72.7
69.8
71.8
65.3
108.8
8l!l
94.6
43.9
28.0
20.8
18.2
41.1
Cars, electric, and steam
1923-25= 100..
27. 9
29.1
34.6
23. 0
31.6
35.4
40.6
41.4
70.9
46.1
60.8
Shipbuilding
1923-25=100
47 A
68. \
65.7
70.7
67.3
53. 5
66.1
G7.3
62.5
62.8
Factory, by cities and States:
Cities:
84.5
« 62. 7
75.8
Baltimore*
1929-31 — 100
64.8
79.6
74.1
79.1
84. 6
71.1
80.9
72.1
76.8
76.1
66.9
51. 1
64.0
Chicago *
1925-27=100..
53.4
64.2
65.3
65.6
60.9
65.1
56. 7
63.0
63.2
60.8
87.5
62.1
Cleveland *
__ 1923 -25 =100..
75.5
66.7
75.2
84.5
74.1
71.0
88.5
71.9
74.6
78.5
83.6
100. 5
52. 5
64.7
Detroit
1923-25=100
60.7
59.6
107.7
62. 8
61.7
112.7
37.3
41.6
83.2
99.1
86.2
68.2
76.6
Milwaukee*
1925-27=100..
61.0
79.2
80.6
81. 6
71.9
77.1
79.1
76.7
76.7
75.8
73.3
New York..
1925-27= 100..
58. 4
63.4
69.0
74.7
59.1
59.2
67.4
70.0
74.7
67.8
66.9
71.4
77.6
60.9
72.9
Philadelphia f
1923-25 = 100. .
78.4
64.1
78.3
66.6
76.8
81.4
78.8
79.3
73.3
76.1
80.2
Pittsburgh *
1923-25= 100. .
59. 0
64.2
75.7
77.4
73.4
87.9
68.5
75.2
77.6
73.4
74.7
70.0
States:
95. 5
73.8
94.2
Delaware f
..
1923-25= 100. _
90. 1
80.0
98.1
95.8
87.9
94.2
92.7
95.1
93.4
89.0
72.1
53. 6
Illinois
1925-27= 100..
57.2
67.9
69.1
60.9
69.7
65.4
70.4
68.9
66.2
66.0
64.0
86.4
111.0
Iowa
_
1923=100
95.3
105. 5
90.5
93.0
99.3
108. 9
101.9
99.8
98.8
98.4
101.6
73.5
73.2
74.1
58. 5
Massachusetts *f
1925-27—100
62.9
75.1
69. 0
69.1
74.8
76.5
72.9
73.0
68.5
89.5
« 68. 2
Maryland *
1929-31 = 100
84.0
71.0
81.2
88.3
86.7
78. 9
90.1
85.5
90.3
79.0
83.8
81.6
63.7
74.9
80.1
New Jersey f-1923-25=100
67.3
70.4
79.5
79.8
80.5
80.5
79.9
77.4
78.9
72.1
New York
1925-27—100
57. 1
65.7
59.5
62.2
66.2
72.2
69.6
67.4
73.2
69.6
69.6
65.8
93.9
Ohio
1926=100
65.7
81.9
72.5
77.8
83.2
83.7
80.1
89.6
85.4
91.9
80.5
79.4
62. 1
77.0
73.2
Pennsylvania f
1923-25—100
76.1
65.6
68.4
76.3
76.6
72.5
75.3
73.7
69.5
84.1
63.3
Wisconsin
1925-27=100
77.5
69.5
75.9
79.3
79.7
80.0
76.5
77.2
78.3
79! 6
75.7
Nonmanufacturing (Dept. of Labor}:
Mining:
43.2
63.8
47.7
Anthracite
1929=100..
39.5
43.8
56.8
56.9
67.5
61.0
54.5
63.2
58 2
64.1
76.7
Bituminous coal
1929=100
61.2
68.6
63.2
61.3
77.8
72.2
71.8
68.0
75.4
76.1
74.8
75.8
40.8
Metalliferous
1929 — 100
30.0
36.8
33.0
31.5
38.9
39.8
40.6
41.7
40.7
40.6
40.3
39.6
76.7
Petroleum, crude production. __ 1929= 100..
56. 9
60.8
58.0
59.5
66.2
72.8
74.0
72.2
75.0
72.4
70.6
73.2
Quarrying and nonmetallic
1929 =100__
54.3
43.4
47.3
49.5
51.6
52.6
53.2
42.0
45.3
38.8
48.7
51.1
39.7
Public utilities:
72.6
Electric railroads
..- 1929=100
69.1
69. 4
69.5
69.3
69.7
72 2
71.7
70.6
71.0
70.8
71.0
70.5
83.1
Power and light
1929 - 100
76.9
77.5
78.1
80.3
77.3
82.2
81.2
82^4
81.7
82.6
81.8
82.2
70.2
Telephone and telegraph
1929=100—
70.1
69.2
68.5
68.1
68.3
70.0
70.2
69.4
68.7
68.9
70.2
69.8
Trade:
Retail
1929 — 100
77.0
88.8
74.6
86.0
78.1
87.2
78.3
88.2
105.4
89.6
91.6
83.8
84.6
Wholesale
1929=100
74.0
84.6
76.9
82.1
79.7
75.7
83.5
83.4
83.0
83.6
83.9
83.3
82.4
Miscellaneous:
Banks, brokerage houses, etc.*t-1929=100._
96. 2
98.3
97.7
99.0
97.3
99.4
99.6
99.3
99.4
99.2
Dyeing and cleaning * f
1929=100
84.3
75.7
79.1
76.6
76.8
81.9
72.4 !
Y9. 9
81.6
76.1
70.5
68.1
68.1
Hotels
1929=100..
71.9
85.7
75.6
77.1
73.6
78.7
77.0
86. 4 \
86. 7
75.8
77.6
81.5
84.8
Laundries * 1 .
1929=100
82 1
76.6
81.1
79.2
79.5
82.6
78.4
78.4
78.4
81.3
78.5
79. 2 !
80. 5
Miscellaneous data:
Construction employment, Ohio . . 1926 = 100. . 30.3
24.0
26.8
29.1
26.9
28.3
28.1
o 20. 2
24. 5
29.1
21.0
27.3
23.6
Farm employees, hired, average per farm
number..
.92
.96
.94
1.01
.94
1.05
.64
. 80 :
.80
.86
.73
.67
.73
Federal and State highway employment,
total*
number
466, 504 330, 138 359, 605 332, 277 329, 813 337, 973 384, 029 420, 069 362, 031 315, 989 306, 090 , 296,265 • 345,278
Construction *
number
299, 133 187, 371 206, 664 190, 633 171, 576 177, 413 212, 727 249, 239 221, 168 179, 499 179, 125 164, 038 i 209, 167
Maintenance *
number.. 167, 371 142, 767 152, 941 141, 644 158, 237 160, 560 171, 302 170, 830 140, 863 136, 490 126, 965 132,227 136,111
Federal civilian employees:
United States *
number
610, 652 601, 944 591, 166 592, 490 602, 465 613, 242 624, 118 627, 713 627, 155 647, 759 ; 659,503 680,026
Washington
number
66, 560 65, 437 65, 991 67, 715 69, 740 71, 054 73, 131 75, 450 78, 045 79, 913
81, 569
83, 850
Railroad employees, class I
thousands..
1, 063
952
1, 005
1,031
973
1,042
982
1,047
1,014
982
992 i ", 1,015
1,031
0
Revised.
* For earlier data see the following references: emplo"'yment in Baltimore , Milwau kee, Mar /land, an d Massac husetts, a nd Feder al civilian employn lent, pp. 18 and 19,
December 1932; employment in banks and brokerage hoii.5es, etc., F ederal an 1 State highway em ploymen t and emt>loyment n Chicag D, pp. 19 a nd 20, Ju]ae 1933; Pittsburgh
employment, p. 18, January 1934. Cleveland employm ent, p. 19 this issue
t For revised data refer to the indicated pages as folio ws: Empl oyment iii Delawai e, New Je rsey, Pen nsylvaniri and Phi adelphia, p. 19, Ser)tember 1933; and for Massachusetts, employment for 1931, 1932, and 1933, p. 19, Aug ust 1933. Employ]nent in b anks, bro cerage ho ises, etc., for 1932, p. 28, Jan jary 1934
1 Series revised in the June 1934 issue. Revisions for earlier m onths wil appear i i a subsar uent issu e.
SURVEY OF CUREENT BUSINESS
July 1934
Monthly statistics through December 1931,
together with explanatory footnotes and references to the sources of the data, may be found
in the 1932 Annual Supplement to the Survey
1934
May
May
June
July
1934
1933
Novem- Decem- January Febru- March
October
August Septemary
ber
ber
ber
29
April
EMPLOYMENT CONDITIONS AND WAGES—Continued
!
EMPLOYMENT— Continued.
Miscellaneous Data— Continued.
Trades-union members employed:
«76
74
75
72
72
73
76
71
69
69
71
69
67
All trades
percent of total«42
42
45
45
34
37
37
38
38
"43
33
31
33
Building trades*
percent of total
72
64
70
64
64
65
66
61
°7o
58
53
55
55
Metal trades*
percent of total82
82
81
81
78
79
80
81
83
78
77
77
77
Printing trades*
percent of total
84
84
82
82
84
81
83
80
«84
81
80
81
81
All other trades*
percent of total 52
52
«53
50
49
53
51
49
52
49
48
47
48
On full time, all trades
percent of total- _
LABOR CONDITIONS
Hours of work per week in factories:*
36.1
36.2
34.0
35.5
36.4
34.3
36.8
33.8
35.4
37.4
41.2
38.8
42.6
Actual, average per wage earner
hours—
Labor disputes: f
92
36
«31 a
« 52
67
23 a
88
73
45
49
68
Disputes
number
603 723 504, 362 1,404,850 1,401,532 3,642,431 3,067,967 1,160,565 338,746 0l ,926,035 0819,934 1,133,734
M^an-days lost
number
20, 442
10,748 30, 618
22, 876 44, 769
16, 584
24, 593
49, 058 101, 041 150, 210 94, 368
Workers involved
number
Labor turnover (quarterly):*
22.88
11.31
19.79
20.86
Accessions
percent of no on pay roll
Separations:
.78
.62
.52
.61
Discharged
percent of no on pay roll
6.31
11 34
6 65
4 46
Laid-off
percent of no of pav roll
4.16
2.18
2.73
2 23
Voluntary ouit^ percent of no on pay roll
PAY ROLLS
59.4
67.3
59.1
55.5
54.0
54.5
64.8
47.2
50.8
56.8
60.6
67. 1
42.7
Factory unadjusted (B.L.S.)*. — 1923-25=10081.5
84.6
92.3
85.5
84.9
87.2
74.1
77.9
84.5
89.1
88. 3
68. 0
71.3
Chemicals and products
1923-25=100—
85.1
80.6
95.8
85.7
86.6
74.4
81.0
86.9
89.1
94. 4
68.2
88.0
62.8
Chemicals ._
1923-25=100
85.4
92.4
91.0
92.8
75.4
92.9
90.9
71.4
81.0
92.6
91.8
88. 5
74.9
Druggists' preparations
1923-25=100. .
68.3 . 68.8
68.7
70.7
83.0
71.5
71.2
69.8
74.5
77. 1
67. 1
72.3
87.9
Paints and varnishes
1923-25=100-.
89.4
86.0
89.8
89.4
82.2
89.5
92.0
81.4
80.2
90.8
92.0
81.5
92. 7
Petroleuin refining
1923-25=100213.2
218.9
218.3
208.1
197.8
220.9
164. 8
220.0
218.2
221. 3
191.2
149. 1
177.3
Rayon and products
1923-25—100
85.3
94.8
91.1
82.1
84.4
80.7
81.1
83.1
70.4
82.2
87.2
76.8
73.5
Food and products
1923-25 = 100..
90.2
90.4
90.6
88.5
91.4
91.3
83.1
89.6
91.8
95.3
78.1
79.6
81.8
Baking
1923-25-100-..
146.2
131.9
120.5
153. 8
130.8
127.7
136.4
128.5
150. 9
160.9
138.3
156. 6
167. 0
Beverages
_ . 1923-25=100
78.2
77.7
76.6
72.1
82.0
62.1
81.8
78.6
76.1
64.9
66.5
75.9
80.7
Slaughtering, meat packing. .1923-25 = 100—
43.3
47.5
47.6
41.1
36.2
41.4
50.0
43.7
56.8
29.8
45.7
51.3
61.2
Iron and steel and products
1923-25=100. .
42.2
47.9
48.0
41.2
59.4
41.4
53.1
43.0
46.1
52.2
34.8
66.1
27.8
Blast furnaces and steel works_1923-25= 100- 35.4
33.7
35.9
34.2
31.9
29.7
37.6
24.0
33.5
21.6
35.1
41.5
22.8
Structural and metal work— .1923-25= 100. _
75.6
74.7
81.9
84.2
80.8
81.5
71.1
73.9
77.6
70.5
67.0
79.7
86.9
Tin cans, etc
._
. 1923-25=100
77.5
72.3
60.1
78.2
67.5
82.1
72.4
61.1
81.7
84.4
57.3
64.8
Leather and products _.
1923-25=100
78. 9
55.6
77.1
70.1
64.2
71.4
77.7
55.7
81.8
81.0
84.1
56.5
63.1
77.6
Boots and shoes
1923-25 — 100
78.2
74.3
78.8
78.6
78.8
77.9
59.2
69.5
74.8
82.6
81.9
83.9
82.0
Leather
1923-25=100-37.3
33.6
38.1
27.4
32.4
31.0
24. 8
30.5
33.3
27.6
20.7
34. 6
31.9
Lumber and products
1923-25=100-52.8
45.0
55.0
43.9
40.1
35.3
34.0
36.0
40.5
41.1
28.8
40.3
Furniture
1923-25 = 100
40.5
24.1
22.1
23.5
23.8
22.0
19.7
17.4
21.7
20.1
22.7
23.2
24.6
25.3
Millwork
1923-25=100..
23.2
23.3
21.8
17.4
14.4
20.1
20.0
19.1
17.0
22.5
11.5
20.7
24 2
Sawmills
1923-25 = 100
43.3
48.3
45.3
50.4
36.3
48.9
34.2
33.2
51.7
53.7
46.2
51.4
31.2
Turpentine and rosin
1923-25 = 100..
46.6
50.2
50.2
43.5
47.6
49.1
39.
1
60.5
35.6
51.8
62.2
55.8
30.6
Machinery
1923-25=100..
41.6
47.4
53.6
65.2
37.0
59.8
33.0
33.1
75.7
78.2
93.6
87.2
Agricultural implements
1923-25 = 100- .
28.0
39.7
41.3
41.5
38.2
37.5
32.4
39.8
35.8
40.9
47.8
29.2
43.8
49.9
Electrical machinery, etc
1923-25=100..
Foundry and machine shop products
41.3
41.9
43.3
41.3
41.3
45.4
31.2
39.9
54.4
35.3
49.9
56.8
26.4
1923-25 = 100104.1
150.5
142.8
128.4
95.1
84.2
63.5
96.5
74.6
108.9
101.5
Radios and phonographs
1923-25 = 100-. 112.4
71.0
52.4
51.6
53.8
50.2
47.1
52.2
43.1
48.3
40.0
58.9
56.8
60.6
Metals, nonferrous- __ _ _ _ 1923-25=100
35.3
59.5
62.2
60.1
50.9
58.5
53.1
59.2
50.4
67.0
61.1
64.2
63.5
Aluminum manufactures
1923-25=100—
45.0
54.0
49.4
52.5
48.3
49.0
51.4
48.8
42.6
52.9
59.8
56.3
62.1
Brass, bronze, copper prod... 1923-25= 100. _
35.7
62.7
63.6
66.6
66.2
60.9
56.8
54.0
80.8
51.6
62.3
83.6
75.8
Stamped and enamel ware.. .1923-25=100—
46.6
74.7
76.0
75.6
77.2
74.3
66.4
76.0
67.9
64 9
71.0
79.7
Paper arid printing _
1923-25=100
80 6
77.7
77.6
72.4
77.5
71.3
71.9
76.4
76.2
63.2
68.3
81.3
Paper and pulp
1923-25=100
79.8
78.6
58.7
45.3
42.1
48.9
46.1
44.7
40.0
45.6
45.9
53.0
38.1
Railroad repair shops
1923-25=100-.
53.8
48.5
38.9
53.0
56.2
54.2
55.4
56.8
56.4
52.9
54.1
59.2
59.4
53. 4
Electric railroads __ _ _
1923-25=100
55.5
58.6
44.8
41.2
48.6
45.5
43.8
39.1
44.9
45.5
36.9
52.7
Steam railroads
1923-25—100
37 7
47 7
53 5
61.4
62.9
58.3
58.7
65.2
59.0
60.4
73 4
Rubber products
1923-25 — 100
53 3
43 7
61 9
°70 5
70 3
50.4
47.3
48.6
49.7
44.8
57.9
55.9
63.4
67.6
Rubber tires and tubes
1923-25=100-49.7
53. 3
64.5
39.3
33.5
33.6
31.0
29.9
31.8
33.3
29.9
38.8
28.6
33. 9
Stone, clay, and glass products. .1923-25= 100..
39. 5
34.7
24.5
16.5
12.2
14.9
13.6
13.1
12.7
16.4
15.5
12.5
17'.4
Brick, tile, and terra cotta.___ 1923-25=100—
18.1
13.7
9.8
25 3
25.8
24.7
23.0
19.4
27 8
22.5
19 1
21 3
32 0
24 1
Cement
1923-25—100
30 6
35 8
75 §
62.2
63.0
73.5
63.5
64 4
65.3
53 8
56 2
59 6
Glass
1923 25 — 100
80 8
74 6
49 6
74 i
78.7
77.4
77.9
64.4
69.7
64.8
74. 1
59 3
Textiles and products
1923-25—100
52 0
64.0
82 6
79.8
77.6
73.2
78.3
69.2
79.2
77.5
67.0
68.6
79.3
52 1
62.5
Fabrics
1923-25=100
74 9
80 8
75.9
58.6
56.6
72.3
72.7
51.2
Wearing apparel
_. 1923-25=100
50.9
49.5
59.5
81.4
76.1
48.8
68. 1
48.2
51.2
50.1
45.5
39.8
Tobacco manufactures
1923-25 = 100—
43.6
44.5
46.5
42.1
43.7
46.2
46.3
45.8
48.2
38.6
72.0
43.3
52.7
43.7
92.2
Transportation equipment
1923-25= 100—
40.6
43.5
-49.7
88.0
84,5
38.7
53.1
39.6
82.3
46. 1
58.3
48 8
46 0
42 9
45 9
Automobiles
1923-25 — 100
55 7
107 4
100 4
98 1
23.1
36.4
24.2
24.4
24.2
26.0
27.2
14.5
18.1
Cars, electric and steam
1923-25=100—
43.0
17.9
46.7
39.7
45.9
49.0
46.8
48.2
36.2
47.5
49.4
40.0
32.5
Shipbuilding
1923-25=10052.4
32.5
53.9
60.0
Factory by cities:
68.8
61.4
67.5
65.1
65.9
65.4
63.1
Baltimore *
1929-31 = 100—
50.9
58.1
75.3
70.6
76.6
•45. 7
35 2
49 o
39.9
39 4
38 9
40 5
37 5
Chicago *
1925 27 — 100
32 2
29 3
37 3
S9
5
41 4
44 6
r
59 7
51.8
49 8
53 4
51 5
53 6
45 8
51 7
Milwaukee *
1925-27—100
47 7
>2 0
38 7
64 8
58 6
57.3
57.4
55.9
53.6
53.2
47.4
53.7
New York *
1925-27=100—
46.5
60.9
59.2
45.6
50. 5
62.1
59.4
(59 5
63
1
59
8
54
4
58.7
Philadelphia *f
1923-25—100
45 3
48 0
57 2
41 8
54 8
61 9
61 4
49.0
55 2
46.5
52 7
Pittsburgh *
. 1923-25 = 100
42 3
47.6
45.7
46.4
41.9
52 7
38 7
30 5
65 4
Factory, by States:
67.7
63.4
68.3
67.7
65.5
Delaware t
1923-25=10051.2
66.5
66.0
69.5
68.7
64.9
69.0
56.9
49 i
35 4
43.0
43.2
40.3
40.5
43.0
Tllionis
.. 1925-27=100
40 5
37 9
46 8
31 3
42 6
45 2
73.8
67.4
70.3
Maryland *
1929-31 = 10073.0
64.8
69.5
49.1
53.1
60.5
78.9
67.9
74.5
78.7
59.4
59.4
58.8
55.7
53.1
52.8
42.2
53.0
Massachusetts *t
1925-27=100..
57. 3
60.7
47.0
60.6
59.6
60.0
58.4
61.3
61.6
62.0
54 4
61.2
52 1
48 1
57 5
62 7
New Jersey f
.1923-25=100
64 5
61 9
55.0
54.1
51.8
51.8
New York
1925-27=100..
54.7
42.4
51.3
58.2
45.1
48.0
51. 0
58.3
59.0
53.6
52.4
52.4
55.3
46.7
50 6
42 5
37 8
45 7
53 2
Pennsylvania t
1923-25=100
61 9
56 8
58 7
53.8
54.4
Wisconsin
1925-27=100-55.3
52.3
50.1
50.5
49.2
40.6
53. 3
46.8
59.6
63.9
58.9
Nonmanufacturing (Department of Labor):
Mining:
Anthracite
1929 = 100
60.7
44 3
73 2
65 8
61 6
47 8
30 0
34 3
38 2
82 4
64 0
46 6
51 7
44.1
Bituminous coal _
_ 1929=100
44 1
54.6
26 9
50 8
51 3
29 2
50 7
54 4
33 6
43 3
51 4
58 9
Metalliferous
1929=100..
23.9
26.2
25.4
26.0
25.9
25.6
17.0
18.3
19.0
21.9
25.9
27.2
25.6
44.4
Petroleum, crude production. ._ 1929= 100- _
53.2
50.5
42.2
53.0
41.6
50.1
50.3
56.4
40.6
53.4
42.5
52.5
Quarrying and nonmetallic
1929=100—
29.3
24.4
28.4
31.2
21.3
21.0
23.8
29.9
28.3
24.1
27.5
35.0
29.9
« Revised.
* For earlier data on the following subjects refer to the indicated pages of the monthly issues as follows: Trades-union members employed, pp. 18 and 19, December 1932;
hours of work and labor turnover rates, p. 20, October 1932; pay rolls, Baltimore, p. 18, December 1932; pay rolls, Chicago, p. 20, June 1933; pay rolls, Milwaukee, p. 18,
December 1932; pay rolls. New York, p. 20, June 1933; pay rolls, Philadelphia, p. 18, December 1932; pay rolls, Pittsburgh p. 18, January 1934; pay rolls, Maryland and
Massachusetts, p. 18, December 1932. Data on factory pay-roll indexes, by classes shown on p. 18 of June 1934 issue. See also p. 19 of this issue.
t Revised series. For revisions on the following subjects refer to the indicated pages of the monthly issues as follows: Labor disputes for 1932, p. 29, July 1933; pay rolls,
and Delaware, p. 19, September 1933; pay rolls, Massachusetts, for 1931, 1932, and 1933, p. 19, August 1933; pay rolls, New Jersey and Pennsylvania, p. 19,
Digitized Philadelphia
for FRASER
September
1933.
SUEVEY OF CURRENT BUSINESS
30
Monthly statistics through December 1931,
together with explanatory footnotes and references to the sources of the data, may be found
in the 1932 Annual Supplement to the Survey
:3L933
1934
May
July 1934
May
June
July
1934
January
August Segton- Octoterj*-m- December
1
F
ary U ~
April
March
EMPLOYMENT CONDITIONS AND WAGES—Continued
PAY ROLLS— Continued
Nonmanufacturing (Department of Labor) — Con*
Public utilities:
58.2
63.0
Electrir railroads
1929 — 100
69.9
77.6
Power and light
- .1929=100-.
71.4
68.5
Telephone and telegraph
1929=100Trade:
71.8
59.5
Retail
1929=100..
66.3
57.4
Wholesale
1929-100
Miscellaneous:
83.2
Banks, brokerage houses, etc.*t-1929=100__
51.0
Dyeing and cleaning*®
1929=100. " 65.T
51. 8
65.9
Hotels
1929=100.66.9
57.1
Laundries*®
1929=100
WAGES— EARNINGS AND RATES
Factory, weekly earnings (25 industries) :*
16.71
All wage earners
_ _ ...
dollars-20.81
Male:
18. 94
Skilled and semiskilled...
dollars..
23.40
14.42
Unskilled
dollars. - 17.03
14. 63
11.03
Female
dollars
78.2
62.8
All wage earners
1923=100__
Male:
61.5
Skilled and semiskilled
1923 = 100..
76.0
64. 7
Unskilled
1923 = 100
76.4
64.0
Female .
1923 = 100
84.9
Factory, av. hourly earnings (25 industries) :*
.453
All wage earners
dollars..
.587
Male:
.513
Skilled and semiskilled
dollars..643
.368
Unskilled
dollars
.484
.297
Female _ __ _ _ . ._
dollars-.
.428
Factory, weekly earnings, by States:
72.8
Delaware
1923-25 = 100..
75.3
63.1
73.6
Illinois
1925-27 - 100
72.1
Massachusetts* t
1925-27 = 100
75.8
83.4
New Jersey
_ ...
.1923-25 = 100..
87.3
74.2
New York
1925-27= 100—
80.7
61.9
Pennsylvania
1923-25 = 100
82.6
58. 5
Wisconsin
1925-27—100
74.0
Miscellaneous data:
Construction wage rates:*
.444
.534
Common labor (E.N.R.)-..dol. per hour-.99
Skilled labor (E N.R.)
dol. per hour
1.10
Farm wages, without board
(quarterly)-.
dol. per month__
~"~.~602~
Railroads, wages... _.
...dol. per hour_.
Koad-building wages, common labor:#J
.33
United States
dol. per hour..
.43
.39
.51
East North Central
_ dol. per huor..
.20
East South Central
dol per hour
.30
.41
.35
Middle Atlantic
dol. per hour..
.43
Mountain States- _
dol. per hour-.55
.32
New England
dol. per hour
.44
.50
Pacific States
dol. per hour
.57
.22
.31
South Atlantic
- ._ dol. per hour..
West North Central
dol. per hour
.43
.34
.35
West South Central
dol. per hour-.28
Steel industry:
U.S. Steel Corporation!
dol. per hour..
.380
.485
Youngstown district- . .percent base scale .. 101.5
94.0
|
58.0
69.9
66.6
57.4
70.0
66.7
58.2
70.9
66.1
57.8
71.8
64.6
59.8
76.2
67.0
59.4
74.5
67.7
59.6
74.4
67.7
59.2
73.8
69.0
60.1
74.4
67.9
62. 2
75.6 |
70.4 !
62. 9
76.8
68.8
60.5
57.3
58.1
59.1
62.7
60.8
69.2
62.3
72.3
66.0
72.6
64.1
80.3
64.5
68.8
63.9
67.7
64.6
69.5 !
65.7 j
71.5
66.8
84.4
53.7
52.3
59.4
84.8
50.0
53.3
58.7
84.4
50.0
54.0
60.3
84.5
57.1
55.6
63.5
84.7
57.4
56.2
62.5
86.1
52.5
55.2
60.7
87.4
47.3
57.6
61.1
88.1
46.8
60.8
61.7
87.0
46.3
65.2
61.7
51.7
66.6
62.7
60.8
66.5
64.4
18.49
19.15
19.25
19. 46
19.46
18.51
18.58
18.89
19.81
20.49
21.00
21.18
15.83
12.30
69.5
21.99
16. 48
12.93
72.0
22.16
16.17
13.83
72.3
22.04
15.97
14.21
73. 1
22.40
16.59
14. 28
73.1
21.22
15.02
13.79
69.6
21.15
15.21
13.53
69.8
21. 44
15. 74
13.43
71.0
22.28
16.42
14. 85
74.4
22.87
16.95
14.63
77.0
23.46
17. 41
14.71
78.9
68.8
71.1
71.3
71.4
74.0
75.0
71.9
72.6
80.2
71.6
71.7
82.4
72.7
74.5
82.8
68.9
67.4
80.0
68.7
68.3
78.5
69.0
70.6
77.9
72. 3
73.7
86.1
74.3
76.1
84.9
76.2
78.1
85.3
.452
.455
.497
.531
.540
.545
.550
.551
.558
.561
.579
.511
.369
.300
.517
.375
.303
.560
.409
.362
.590
.432
.395
.596
.444
.403
.604
.445
.404
.609
.451
. 405
.608
.456
.411
.614
.459
.415
.615
. 465
.419
.633
.479
.425
74.7
66.9
74.7
85.4
75.8
68.9
62.2
78.7
67.1
76.7
85.4
77.2
68.8
61.9
72.3
67.8
78.1
84.7
77.6
74.9
66.2
72.4
66.6
79.0
83.3
79.0
72.2
64.8
74. 6
67.3
77.5
84.5
77.8
73.9
66.6
72.8
65.6
76.2
85.0
76.8
71.5
64.5
75. 1
66.7
71.2
84.7
77.4
71.5
63.3
74.6
68.4
72.5
83.3
78.7
69. 6
64.1
76.6
70.5
75.3
85.7
78.6
73.5
68.1
75.4
71.2
76.4
85.4
80.8
76.7
72.1
75.8
72.1
75.9
86.7
80.6
78.2
72.2
.439
.99
.443
.99
«.443
".99
-.452
« 1.02
«.506
«1.03
«.510
-1.04
«.520
«1.06
".516
"1.05
.527
•1.06
.527
•1.07
.534
-1.08
24.27
.603
.608
.597
25.89
.606
.603
.613
24.90
.616
.33
.39
.20
.35
.42
.33
.49
.23
.34
.28
.34
.41
.20
.35
.44
.35
.51
.22
.35
.27
.35
.42
.20
.35
.43
.37
.50
.23
.35
.28
.37
.43
.20
.36
.44
.38
.52
.25
.36
.28
.37
.43
.20
.37
.44
.40
.55
.25
.37
.29
.38
.45
.21
.38
.45
.40
.57
.24
.37
.30
.38
.45
.23
.39
.47
.39
.58
.25
.38
.31
.37
.45
.23
.41
.48
.40
.58
.21
.38
.29
.380
94.0
.440
101.5
.440
101.5
.440
101.5
.440
101.5
.440
101.5
.440
101.5
.440
101.5
.612 ~~".~631~
.37
.46
. 25
.42
.49
.41
.57
.23
.36
.32
.440
101.5
a
26.88
.609
.42
.50
.30
.42
.55
.44
.57
.31
.41
.35
.43
.51
.30
.41
.55
.46
.57
.31
.41
.35
.440
101.5
.485
101.5
FINANCE
BANKING
Acceptances and com'l paper outstanding:
569
Bankers' acceptances, total
mills, of dol_.
669
738
764
687
694
737
771
750
758
715
685
613
Held by Federal Reserve banks:
1
1
1
2
13
41
For own account
mills, of dol
18
127
105
23
56
3
3
36
36
37
4
For foreign correspondents-mills, of dol..
41
3
4
40
31
5
5
4
Held by group of accepting banks, total
552
592
442
507
505
487
499
mills, of doL.
599
567
581
576
517
536
Own bills
mills, of doL.
229
252
226
201
248
271
273
223
266
252
255
236
236
281
304
312
276
287
247
Purchased bills
mills, of dol._
282
321
326
219
315
324
299
112
115
123
147
154
Held by others
mills, of dol
138
190
59
156
95
108
81
70
141
Com'l paper outstanding
mills, of dol__
60
73
97
130
109
10S
107
123
133
133
139
117
Agricultural loans outstanding:
Farm mortgages:
1,549
1,103
1, 102
1,104
Federal land banks
mills, of dol__
1,101
1,110
1, 126
1, 214
1,288
1,458
1,484
1, 156
1,371
422
335
429
420
416
392
381
Joint stock land banks...
mills, of dol—
408
401
413
370
349
345
Laud bank commissioner* mills, of dol
311
2
1
120
6
16
34
174
259
71
238
Loans and discounts of Federal Interme191
83
82
89
diate credit banks
mills, of doL.
107
133
141
149
172
150
127
148
156
Other loans:
317
150
465
329
Agri. marketing act*
. mills, of dol
321
319
465
461
168
164
167
165
167
Banks for cooperatives, incl. C e n t r a l
33
Bank*
mills, of dol
19
11
15
17
7
16
15
90
Emergency crop loan*
mills, of dol..
137
139
139
84
94
90
110
68
136
135
81
73
Prod cred. ass'ns*
thous of dol
28, 117
14, 392
2
27
6G5
4,409
6
157
143
Regional ag. credit corp.*
mills, of dol..
128
145
154
145
145
158
155
147
143
145
145
146
0
Revised.
* New series. For earlier data on the following subjects refer to the indicated pages of the monthly issues, as follows: Pay rolls, banks brokerage houses, etc., June 19,
1933; factory weekly earnings, p. 20, October 1932; factory hourly earnings, p. 18, December 1932; weekly earnings, Massachusetts, p. 18, December 1932; construction wage
rates, p. 19, September 1933. Data on additional series of agricultural loans outstanding will be shown in a subsequent issue.
t Revised series. For revisions on the following subjects refer to the indicated pages of the monthly issues, as follows: Pay rolls of banks, brokerage houses, etc., for 1932,
p. 29, January 1934; Massachusetts weekly earnings for 1931, 1932, and 1933, p. 19, August 1933 issue.
# Beginning with March 1932 method of computing rates was changed.
f Increase in wage rates during March was due to provisions of title I, sec. 204, par. 2, item C of the National Recovery Act, which required State highway departments
to fix minimum wage scales.
• Series revised in the June 1934 issue. Revisions for earlier months will appear in a subsequent issue.
§ Construction wage rates for May 1, 1934, common labor $0.534, skilled labor $1.10.
SURVEY OF CURRENT BUSINESS
July 1934
Monthly statistics through December 1931,
together with explanatory footnotes and references to the sources of the data, may be found
in the 1932 Annual Supplement to the Survey
1934
May
31
1933
May
June
July
August
S
1934
fer October Novr-
D
ST- January
1
February
March
April
FINANCE—Continued
BANKING— Continued
29, 712 31, 232 25, 451 24, 555 26, 307
Bank debits, total
mills, of dol - 28, 757
25, 486
29, 685
24, 131 26, 301 27, 221 25, 015
31,231
New York City
mills, of doL- 14, 652
13, 977
16, 743
17, 354
12, 340
13, 076
13, 280
12, 204
13, 013 14, 023
13, 231
15, 608
16, 953
Outside New York City
mills, of dol — 14, 105
12, 969
11, 509
13, 878 12, 375
12, 215
14, 077
13, 027
13, 288
11,927
13, 198
11, 784
14, 278
Brokers' loans:
Reported by New York Stock Exchange
1,016
mills, of doL_
780
916
917
529
897
845
938
981
776
789
903
1,088
Ratio to market value
percent —
3.00
2.15
1.63
2.50
2.74
2.80
2.43
2.55
2.67
2.58
2.42
2.58
2.99
By reporting New York member banks
764
915
mills, of dol—
635
876
881
806
837
858
888
974
749
720
888
Federal Reserve banks:
Acceptance holdings. (See Acceptances.)
8,028
Assets, total
mills, of dol—
6,531
6,442
6,466
6,607
6, 735
7, 041
6,889
6,865
7,309
7,669
6,989
7,953
Reserve bank credit outstanding
mills, of doL2,463
2,218
2,220
2,421
2,688
2,209
2, 297
2,581
2, 567
2, 545
2,549
2,630
2,485
48
Bills bought _ _ _ _. .mills, of dol —
20
9
7
24
133
62
7
111
29
5
9
302
164
Bills discounted
mills, of dol—
31
54
153
98
167
128
116
64
119
83
39
United States securities
mills, of doL2,430
1,998
2,421
2,028
2,432
1,890
2,129
2,277
2, 437
2,432
2, 447
2,434
2, 431
4, 899
3,813
Reserves totals
mills of dol
3, 807
3, 820
3, 794
3,793
3,805
3,817
4,537
3,778
3,792
4,140
4,843
4, 683
3, 543
Gold reserves
mills, of del
3,548
3,520
3, 573
3, 569
3, 931
4, 336
3, 588
3,591
3,591
3,557
4,303
Liabilities, total
_ _
mills, of dol
8. 028
6,531
6,442
6,466
7,041
6,607
7, 669
6,735
6,889
6,865
7,309
6,989
7, 953
2,494
4, 023
2,394
2,544
Deposits, total
mills, of dol—
2,748
2,796
2,865
2,675
3,265
3, 653
2,885
3, 035
3, 982
2,292
Member bank reserves
mills, of doL.
3, 746
2,167
2,294
2,438
2, 573
2,652
3, 093
3, 457
2,729
2,409
2,685
3,599
3,094
Notes in circulation
mills, of dol—
3, 069
3,012
3,002
3,203
2,988
2,966
3,080
3, 038
3,030
2, 926
2,980
3, 060
68.2
69.1
68.0
66.2
Reserve ratio
percent-68.3
67.4
65.2
66.3
63.8
63.6
67. 8
64.8
68.8
Federal Reserve member banks: *
Deposits:
12,426
11,794
Net demand
mills, of dol
10, 918 10, 741 10, 475
10,653
10, 952
10, 427
10, 751
10, 505
11,118
11, 398
12,221
4,282
4,406
4, 455
Time
. - ~ . rr.iils. of dol—
4,533
4, 508
4,351
4,419
4, 501
4,470
4,410
4, 370
4, 367
4,454
8,213
7,941
8,011
Investments
mills, of dol 9, 280
8, 074
8, 104
8,200
8, 772
7,989
8,156
9,215
9,311
9, 326
8,452
8, 485
Loans total
mills, of dol
8,546
8, 385
8, 206
8, 533
8,593
8,568
8,185
8, 161
8,540
8,349
8,136
3,748
3,772
On securities.
_ mllis. of dol—
3,713
3,514
3,604
3,620
3, 476
3,766
3, 687
3,520
3,569
3, 609
3, 577
4,704
4,772
All other loan*;
mills of dol
4,774
4, 647
4, 550
4,853
4,705
4,767
4,989
4,740
4,665
4,999
4, 559
Interest rates and yield on securities:
Acceptances, bankers' prime
percent-M
H
H-tt
Bond yields. (See Bonds).
1.00
.94
Call loans, renewal
percent —
1.00
1.00
.98
.75
1.00
1.00
1.00
.75
.75
1.00
1.00
Com'l paper, prime (4-6 mos.)
percent..
1
2-2M
1M
1-1 n
Discount rate, N.Y.F.R. Bank
percent-'2/00
«2. 50
"' 2*50
2.50 /42. 50
'2.00
'?2. 00
1. 50
I. 50
1.50
'*!. 50
5.58
5! 58
Federal land bank loans
percent-5.58
5. 00
5.00
5.00
5.00
5.00
5.00
5.00
5^00
5.00
3.10
Intermediate credit bank loans
percent..
3.10
3.04
2. 74
3.10
3.13
3.13
3.13
2.96
2.98
3.00
2.26
2. 50
Real estate bonds, long term
percent
Stocks yields. (See Stocks.)
3
^ 1V,
i
i n/ \
v i
3
Q/ 1/
5/s 3/
i \y
Time loans, 90 days
percent
y-i /4~~
1 li'
4 1
%-L
72
94-1
Savings deposits:
5,
113
5,130
5,064
New York State
mills, of dol—
5, 122
5,085
5,079
5,049
5,029
5,067
5, 076
5,059
5, 097
5,090
U.S. Postal Savings:
Balance to credit of depositors
thous. of dol— 1,197,300 1,180,336 1,187,186 1,176,669 1,177,667 1,180,668 1,188,871 1,198,656 1,208,847 1,200,771 1,200,023 "1,199,983 1, 197, 899
Balance on deposit in banks -thous. of dol— 775, 025 978, 286 976,377 960, 170 947, 822 937, 409 918, 644 910, 133 914, 235 902, 225 883, 705 «856, 323
816, 663
y> 4
FAILURES
Commercial failures:
Total
number
Agents and brokers
__ -number..
Manufacturers, total
number _ ..
Chemicals, drugs, and paints.. number—
Foodstuffs and tobacco
number-Leather and manufactures
number _ _
Lumber
number-Metals and machinery
number
Printing and engraving,
.number-Stone, clay, and glass
number..
Textiles _
_ _
number
Miscellaneous
number ..
Traders, total
number—
Books and paper..
number
Chemicals, drugs, and paints _ _ number _ _
Clothing
number
Food and tobacco .- ..
- numberGeneral stores
- -_
number
Household furnishings
number Miscellaneous
number
Liabilities, total
thous. of dol —
Agents and brokers
thous. of dol—
Manufacturers, total
thous. of dol—
Chemicals, drugs, and paints
thous. of dol—
Foodstuffs and tobacco
thous. of dol—
Leather and manufactures thous. of dol—
Lumber
thous. of dol—
Metals and machinery
thous. of dol—
Printing and engraving thous. of dol —
Stone, clay, and glass -.._ -thous. of dol—
Textiles
thous. of dol__
Miscellaneous
thous. of dol—
Traders, total
thous. of dol..
Books and paper
thous. of dol—
Chemicals, drugs, paints— thous. of dol—
Clothing
thous. of dol—
Foods and tobacco
thous. of dol—
General stores thous. of dol
Household furnishings
thous. of dol—
Miscellaneous
thous. of dol—
a
977
99
246
7
32
7
26
28
10
10
27
101
632
11
64
109
250
24
68
106
22, 561
3, 350
9, 674
1,909
161
466
17
48
17
59
61
38
24
45
157
1, 282
20
119
194
431
61
212
245
47, 972
8,074
19, 021
1,648
133
362
9
35
11
40
46
32
17
41
131
1,153
13
97
200
387
46
174
236
35, 345
4,420
13, 047
1,421
120
325
7
33
11
30
26
20
11
42
145
976
15
100
138
364
36
146
177
27, 481
5, 655
8,282
1,472
114
357
25
42
11
42
49
18
17
30
123
1,003
18
99
148
387
41
134
174
42, 776
9,367
15, 192
1,116
115
273
4
20
4
37
38
13
17
19
121
728
5
58
115
284
35
93
138
21, 847
4, 833
7,646
1,206
112
314
13
46
13
36
31
22
19
15
119
780
10
63
81
310
41
105
170
30, 582
8,447
8, 850
1,237
108
311
6
31
9
34
39
27
16
32
117
820
7
87
117
319
41
99
150
25, 353
5,282
7,808
1, 132
100
258
6
23
13
28
27
16
11
29
105
774
11
80
116
302
40
96
129
27, 200
9, 096
8,658
30
12
24
43
20
20
34
105
951
18
78
212
330
34
125
154
32, 905
5,529
9,265
62
331
178
1, 579
1,334
140
348
951
4, 751
9, 537
80
739
1,004
3, 875
175
1, 091
2, 573
607
545
525
2,542
5,098
1, 726
1,271
904
5,803
20, 877
374
1,366
2,741
4,576
952
4,421
6,447
150
372
311
2,166
2,179
678
1, 118
948
5,125
17, 878
221
1,103
2,432
5, 064
587
3,331
5,140
121
279
559
2,285
858
420
436
689
2,635
13, 544
223
882
1,401
3,971
446
2, 363
4,258
650
764
35
2,652
2,995
213
631
591
6,661
18, 217
320
1,574
2,347
6,757
491
2,334
4,394
14
228
14
2,102
771
404
248
355
3,510
9,368
31
598
1,113
2,928
218
1, 754
2,726
267
493
151
993
452
415
874
668
4, 537
13, 285
293
746
1,042
3,859
595
1,910
4,840
52
573
576
1,095
1,017
775
506
437
2,777
12,263
61
792
1, 149
4, 068
420
1,633
4,140
89
184
405
1, 748
1,372
323
487
343
3,707
9,446
195
750
1,232
2,854
371
1,324
2, 720
34
380
195
991
1, 228
568
503
1,123
4, 243
18,111
231
828
2,271
7, 164
540
2,146
4,933
1,364
118
295
104
283
25
108
124
19, 445
4,331
5, 943
1,102
106
301
6
23
19
40
33
16
17
22
125
695
14
68
101
264
23
131
94
27, 228
4,880
12, 239
32
7
36
38
10
13
26
113
669
12
59
88
276
20
95
119
25, 787
5,319
10, 300
831
207
164
1,170
284
508
140
580
2, 059
9,171
127
781
1, 254
2, 769
224
1,732
2,284
165
378
339
2, 600
1, 159
504
1,099
2,183
3,812
10, 108
217
812
1, 083
3, 124
457
2, 467
1,948
225
489
86
1,638
3,237
126
194
601
3, 704
10, 168
198
609
894
4. 424
278
1,222
2, 543
1, 049
85
248
13
23
13
27
25
17
9
29
92
716
10
1, 052
102
281
Revised.
« Rate changed Mar. 3, Apr. 7, Oct. 20, 1933 and Feb. 2, 1934.
* New series. Earlier data for Federal Reserve member banks shown on p. 18 of the January 1934 issue. These data cover 90 cities and supersede the previous data for
101 cities. They are available only from January 1932 to date. One additional city has been added ia 1934 to offset the dropping of 1 bank which discontinued reporting.
§ Figures subsequent to December 1933 represent gold certificates on hand and due from U.S. Treasury, plus redemption fund—Federal Reserve notes. ($35,138,000 on
Feb. 28, $32,748,000, on Mar. 31, $31,400,000 on Apr. 30, 1934., and $30,000,000 on May 31, 1934.)
32
Monthly statistics through December 1931,
together with explanatory footnotes and references to the sources of the data, may be found
in the 1932 Annual Supplement to the Survey
SURVEY OF CURRENT BUSINESS
1934
1933
May
June
i
July
July 1934
1934
j Ooinhor f Novem-! Decem- January Febru- | March 1 April
I August {I September | U c t o b e r | ber | ber
ary
FINANCE—Continued
LIFE INSURANCE
(Association of Life Insurance Presidents)
17, 047
17, 030
17, 134
17, 107
17, 162
17,360
17,417
17, 212
17, 250
17, 299
17, 345
Assets, admitted, totalt
mills, of dol_.
17, 217
5, 960
5,910
5,876
5,837
5, 794
6,511
5, 457
5,747
5,612
5,568
Mortgage loans
mills, of dol
5,700
5,649
1,322
1,343
1,311
Farm
mills, of dol_.
1, 300
1.214
1, 143
1,266
1,234
1,193
1,286
1, 248
1, 164
4,617
4,588
4, 314
4,565
4,537
Other
mills, of doL.
4,452
4,375
4, 347
4,508
4,481
4,398
4,415
Bonds and stocks held (book value):
6,293
6, 267
6,389
6, 326
6,704
6, 868
mills, of doL_
6,480
6.599
6,428
6,625
6,763
6, 794
1,494
1, 466
1,522
1,569
1, 762
2,022
Government
mills, of dol__
1,599
1,650
1,891
1, 945
1, 967
1,835
1, 669
1, 665
1,671
1,692
1,719
1,681
1, 716
1, 712
Piiblic utility
mills, of dol—
1,689
1, 697
1,694
1,710
2,613
2, 618
2. 615
2, 619
Railroad
mills, of dol_.
2, 587
2, 619
2,618
2,620
2,589
2,588
2, 584
2,585
518
517
Other
mills, of dol _.
521
540
'518
520
520
520
511
611
616
527
Policy loans and premium notes
2, 987
2,970
mills, of doL.
2, 965
2,915
2,957
2,945
2,951
2,939
2,947
2,936
2,924
2,948
Insurance written: f
1,034
1,076
1, 201
1,076
1, 082
1,156
962
1,178
Policies and certificates
thousands _
1,071
1,039
1,015
1,096
1,228
14
34
25
Group
_
-thousands __
33
18'
23
33
30
15
46
29
47
30
792
7 2
868
802
881.
812
772
841
.Industrial..
thousands-702
752
766
773
894
?
258
299
242
Ordinary
thousands, .
257
246
291
244
226
269
248
304
275
Value, total
thous. of dol.. 791,544 645, 320 687, 776 666, 095 688, 620 577, 776 657, 362 681. 049 715,256 665, 457 648, 073 787, 628 794, 495
62, 214
Group
thous. of doL. 40, 989 22, 450 43, 295 42, 456 24, 437 23, 028 25, 920 41, 483 55, 693 32, 673 26, 862 33, 241
Industrial
_
thous. of doL. 226, 013 190, 138 198, 046 205, 780 229, 545 ISO, 105 212,452 202, 843 194,030 197, 108 196,816 228, 107 220, 366
Ordinary
thous. of doL- 524, 542 432, 732 446, 435 417, 859 434, 638 374, 643 418, 990 436, 723 465, 533 435, 676 424, 395 526'! 2X0 511,915
241, 776 237, 338 254,831 223, 281 208, 976 225, 330 214, 082 324,877 249, 884 224, 676 251 ',119
245, 099
Premium collections f
thous. of dol_.
15, 308 22, 056
25, 030
21, 900
19, 024
36, 407
17, 051
15, 876
Annuities.
thous. of dol._
30, 012
25, 563
19, 925
7,412
7,786
8,252
7,902
8, 255
Group
thous. of dol _
6,842
7, 216
6, 909
9, 060
7. 765
9,226
"6! 724
50, 987
53, 440
52, 340
54, 025 47, 853 52, 939
53, 612 46, 253 113,588 59, 051 51, 121 54, 012
Industrial
thous. of doL.
165, 242 156, 883 156, 147 145, 626 132, 144 145, 484 145, 644 172, 051 156, 210 145,865 164,826
159, 474
Ordinarythous. of dol__
(Life Insurance Sales Research Bureau)
Insurance written, ordinary total
495
490
588
581
mills, of doL.
483
493
465
504
472
418
471
548
571
213
209
251
194
244
248
Eastern district
_
mills, of dol _195
207
215
202
167
203
217
49
47
56
55
50
48
45
Far Western district
mills, of dol_.
43
50
43
45
56
55
57
68
54
67
56
Southern district
mills, of dol._
58
52
58
54
63
67
53
178
177
213
182
211
172
Western district
mills, of dol. _
180
181
174
156
169
TG9
208
154
Lapse rates
1925-26 = 100
136
125
133
MONETARY STATISTICS
Foreign exchange rates: #
0
.711
.679
«> . 344
.807
.794
.861
Argentina
dol. per gold peso-- b . 340
.861
.920
b.336
^.335
. 340
.758
.234
.163
.171
.234
.195
.192
.207
Belgium
dol. per belga.
.229
.207
.223
.233
.220
.217
.076
.076
.086
.086
Brazil
dol per milreis
.079
.085
.080
.082
.085
. 086
.086
.085
. 086
1.
002
.876
.899
1.002
Canada
dol. per Canadian dol
.978
1.012
.992
.945
.943
.965
.995
.998
1.006
.063
.075
.103
.103
.084
.089
Chile
.
dol. per peso..
.082
.101
.096
.087
.095
.096
.101
4.14
3.93
5.15
5.11
4.65
4.67
4.50
England
dol. per £._
4.66
5.15
5.03
5.12
5.09
5. 05
.046
.048
.066
.066
.054
.058
France
dol. per franc. .
.055
.058
.062
.065
. 066
.063
.061
.274
.395
.288
. 396
.354
Germany
dol. per reichsmark_.
.333
.327
.354
.382
.389
.376
.397
.373
.311
.383
.296
.388
India
dol. per rupee. .349
.350
.339
.379
.350
.383
.383
.384
.380
.061
.064
.085
.086
.072
Italy
dol per lira
.074
.078
.078
.084
.036
.082
.083
. 086
.302
.240
.258
. 303
Japan
dol. per yen..
.278
.288
. 269
.273
.304
.298
.301
.300
.307
.679
.470
.490
.679
.562
Netherlands
dol. per florin
.554
.600
.660
. 59,9
.646
.673
.636
.629
.104
.137
.100
.137
Spain
dol. per peseta
.124
.124
.117
.133
.115
.131
.136
.130
.128
.202
.263
.213
. 266
Sweden
.
__
dol. per krona
.241
.240
.232
.241
.260
.263
.266
.260
.264
.532
.806
.806
.560
Uruguay
dol. per peso__
.651
.648
.702
.708
.802
.763
.788
.758
.746
Gold and money:
Gold:
7,759
4,313
7,736
4,317
Monetary stocks, U.S
mills, of dol
4,324
7,602
4,319
4,323
4,327
4,323
4,323 m 4, 323 * 7, 137
Movement, foreign:
-1,133
490 22, 114
3,545 84, 471 79, 467 49, 305 26, 867
Net release from earmark- thous. of doL.
-837
600
12, 205 68, 654
11, 780
37
1, 780 22, 925
4,380 85, 375 81,473 58, 281 34, 046
44
Exports
-_
thous. of dol
2,957 10, 815
51
4, 715
39, 447
1,785
1,136
Imports
thous. of dol
1,544
1, 496
1, 085
1, 696
1,894
1,947 452, 622 237, 380 « 52, 291
1,687
Net gold imports, including gold released
301
975
from earmark ° *
thous. of dol__ 38, 157
592
-921 -7, 442 -5, 483
-463
2,652
9,438 521, 225 230, 683 o 51, 121
Production, Rand
fine
ounces. _ 898, 418 944, 604 918, 633 923, 671 934,714 901, 799 908, 888 898, 468 894, 156 907, 641 826, 363 874, 112 865, 822
97, 751
Receipts at mint, domestic.. -fine ounces-- 101, 217 114,017 64, 445 99, 581 86, 265 105, 985 155, 532 162, 280 184, 622 116, 543 68, 845 93, 222
5, 366
5,355
5,876
5,742
Money in circulation, total
mills, of dol__
5,632
5, 308
5,339
5,675
5,616
5,656
5,681
5,669
5,811
Silver:
1,425
1,638
235
343
Exports
thous of dol
665
2,572
3,321
734
464
7,015
2,281
859
590
1,955
4, 435
5,275 15, 472
Imports .
thous. of dol
1,823
5,386 11, 602
4,106
2, 128
3,490
4,080
3, 593
4,977
.452
!,341
Price at New York
dol. perfineo z _ _ .442
.357
. 459
.384
.382
.452
.361
.442
.376
.430
.436
Production, estimated, world (85 percent of
9,772
11, 632
total).
thous. of fine oz
8, 726
10, 238 « 12, 968
10,917
9,676 12,019 11,317 10, 083 11,361 10, 494
10, 226
1, 015
1,014
644
Canada
thous. of fine oz
1,543
1, 085
1,351
1,227
1,747
1,618
1,474
1,638
1, 131
1,368
« 7, 822
Mexico _
_ thous. of fine oz
5,197
5, 067
4, 495
6,000
4,324
5,920
5, 413
5,738
6,661
6,033
5,391
6,000
2,389
1,933
1,465
United States
thous. of fine oz
2,791
2.303
1,552
1,489
1,562
1,903
1,918
1,781
1,863
2,025
Stocks, end of month:
11,865
United States
. -thous. offineoz
8,568
7,174
6,583
10, 645
3,665
8,215
3,537
5,669
5, 274
8,919
5,638
7,275
2,423
Canada
thous. of fine oz
1,707
1,690
2,141
2,449
1,862
2,340
2,028
1,909
1,744
2,389
2,055
1,758
NET CORPORATION PROFITS
(Quarterly)
Profits, totalf
mills, of doL.
« 301. 2
315.2
« 415. 6
« 309. 2
Industrial and mercantile, total
mills, of dol
94.8
77.2
128 9
72.5
"
d
1
Autos, parts and accessories.-mills. of dol
50. 1
31.8
42.5
61
Foods _
mills, of dol
25 8
20 7
26.2
_ . __
20 5
Metals and mining
mills, of dol_.
2.1
9.2
7.6
9.0
d
Machinery
mills of dol
0
1
3.1
1
8
1
6
rf
Oil
mills, of dol2,8
!0.2
17.8
18.7
Steel and railroad equipment
d
d
d
d
mills, of dol
15.9
4. 7
W. 9
10 1
Miscellaneous
mills, of dol—
25.4
38.1
37.7
38.9
0
a
a
52 3
59 1
Public utilities!
mills, of dol
57.7
56 9
Railroads, class I
mills, of dol..
119.2
112. 2
186.2
132. 6
Telephones
mills, of doL
49.1
47.1
48.2
I
47.2
a
Revised.
h
Quotation based on paper peso instead of gold peso as formerly. Former equivalent to 44 percent of latter. See note on p. 56 of the Mar. 1934 issue.
* New series superseding old series which covered the physical movement only. For earlier data see p. 20 of December 1932 issues, net gold imports.
t Revised series. For earlier data see pp. 18 and 20 of the July 1933 issue, insurance written and admitted assets; p. 18 of the June 1933 issue, premium collections, and
p. 19 of this issue, corporation profits.
#0 Par values of foreign currencies as given on pp. 86 and 87 of 1932 annual supplement were changed with the reduction in gold content of the United States dollar.
Or exports (—).
d
Deficit.
m
Decision of Treasury and Federal Reserve to omit gold coin from circulation figures as of Jan. 31, at which time it was carried as $287,000,000, is not reflected in the
January total, which is the daily average figure for the month. Large increase in February total resulted from revaluation of the dollar to 59.06 percent of its former gold
content.
July 1934
Monthly statistics through December 1931,
together with explanatory footnotes and references to the sources of the data, may be found
in the 1932 Annual Supplement to the Survey
SURVEY OF CURRENT BUSINESS
1934
May
33
1934
1933
May
June
July
• August ^ey™" j October
November
D
ber™" 1
y
February
March
25, 068
26, 052
26, 158
Januar
April
FINANCE— Continued
PUBLIC FINANCE (FEDERAL)
Debt, gross, end of month
mills, of dol— 26, 155
Expenditures, total (incl. emergency) c?
thous. of doL . 563, 226
Receipts, total
-thous. of dol— 246, 801
Customs
-thous. of dol— 21, 041
Internal revenue, total
thous. of dol— 194, 294
Income tax.
thous. of dol— 23, 776
Reconstruction Finance Corporation loans outstanding, end of month:* §
Grand total
-thous. of dol — 2, 746, 464
Total section 5 as amended- -thous. of dol— 1, 450, 489
Bank and trust companies including receivers
__thous. of doi— 613, 397
Building and loan assoc
thous. of dol— 45, 495
Insurance companies
thous. of dol— 35, 929
Mortgage loan companies_thous. of dol— 191,393
Railroads, incl. receivers- -thous. of doi — 344,716
All other under section 5. -thous. of dol— 219, 559
Total emergency relief and construction act
as amended
thous. of dol— 571, 907
Self-liquidating projects. ..thous. of dol— 88, 560
Financing of exports of agricultural surpluses
thous. of dol — 12, 752
Financing of agricultural commodities.
and livestock
thous. of dol — 172, 034
Amounts made available for relief and
work relief
thous. of dol— 298, 561
Total bank conservation act as amended
thous. of dol — 704, 036
Agricultural adjustment act of 1933
CAPITAL ISSUES
Total, all issues (Commercial and Financial
Chronicle)
thous. of dol- 141, 872
Domestic, total _ _
thous. of dol— 141, 872
Foreign, total
thous. of dol—
0
Corporate, total
thous. of dol— 31, 781
Industrial
-thous. of dol—
6,199
Investment trusts- —
thous. of dol—
0
Land, buildings, etc
thous. of dol—
0
Long-term issues
thous. of dol—
0
Apartments and hotels— thous. of dol —
0
Office and commercial-.. thous. of dol —
Public utilities
thous. of dol—
8,000
Railroads
thous. of dol— 17, 582
Miscellaneous
thous. of dol
0
i.' arm loan bank issues
thous. of dol— 32, 500
Municipal. States, etc
thous. of dol— 77, 591
Purpose of issue:
New capital, total
thous. of dol— 102, 733
Domestic, total
_ _
thous of dol
102, 733
Corporate
thous. of dol— 28. 823
Farm loan bank issues. -thous. of dol.. 12, 500
Municipal, State, etc. _ _ thous. of dol— 61,410
Foreign
thous. of dol— |
0
Refunding, total
thous. of dol— 39. 139
& Corporate
thous. of dol 2, 958
Typo of security, all issues:
Bonds and notes, total
thous. of dol— 138, 631
Corporate
thous. of dol— 28. 540
Stocks
thous. of dol3', 241
State and municipals (Bond Buyer}:
Permanent (long term)
thous of dol
Temporary (short term)
thous. of dol SECURITY MARKETS
1
21,853
22, 539
22, 610
23, 099
23, 051
23, 050
23, 534
23, 814
462, 547
167, 152
20, 515
114, 754
15, 688
493, 675
308, 162
22, 943
251, 601
146, 575
278, 503
179, Oil
25, 081
131, 116
11,983
320, 577
197, 533
32, 690
163, 158
14, 091
339, 452
333, 252
33, 793
318, 986
134, 343
508, 642
272, 747
31, 938
164, 148
10, 348
510, 375
219, 493
26, 565
135, 707
17, 783
725, 086
341, 776
24, 994
302, 432
128, 286
26, 118
997, 022 643, 965 623, 592 « 2,983,939
229, 118 '3,024,210 '434,555 ' 199, 278
23, 122
23, 792
26, 306
23, 275
153, 364
182, 405 174, 036 390, 353
24, 803 228, 526
21, 075
15, 850
1,823,882 1,852,903 |l.»SS.?42 1,864,817 1,852,456 ll.S29.fifi3 1,962,402 2,255,025 2,533,566 2,604,790 2, 665, 861 2, 712, 546
1,473,600 1,478,490 1,461,563 1,458,184 1,432,249 1,398,176 1,451,067 1,550,110 1,601,786 1,594,667 1, 509, 691 1,476,613
736, 926
83, 586
73, 779
110, 257
340. 856
128, 192
673, 821
81,891
70, 098
155, 508
354, 061
143, 107
672, 003
80, 139
68, 022
155, 094
331, 290
155, 010
689. 180
78, 055
68, 241
158, 357
331, 102
133, 245
682, 318
75, 604
67, 793
158, 199
331,755
116,575
666, 463
72, 192
67, 596
157, 101
330, 157
104, 367
689, 391
68, 534
65, 050
160,612
333, 423
131, 057
711,425
66, 237
60, 930
177, 845
337, 080
190, 773
710,685
63, 617
57, 383
180, 497
340, 726
248, 878
700, 278
60, 141
54, 249
167, 610
365, 205
247, 183
657, 379
55, 854
51,700
161, 574
345, 181
238, 003
627, 460
50, 799
38, 575
188, 008
344, 934
224, 064
324, 800
27, 231
330, 950
30, 134
342, 037
37, 972
347, 315
41, 801
353. 813
48, 540
362, 135
56, 038
397, 938
60, 020
433, 937
63, 451
514, 519
71, 746
538, 204
71,220
556, 223
80, 195
561, 229
82, 666
1 498
3, 402
3,687
3,912
2, 724
2, 742
3,195
2,920
2, 571
3,170
294, 846
298, 075
299, 373
299, 193
299, 015
299, 015
25, 483
43, 464
51, 643
59, 320
63, 096
66, 052
110, 097
3, 300
3, 300
3 300
59, 363
59, 363
0
3,109
3,109
0
0
0
0
0
0
90, 279
90, 279
« 60, 424
0 60, 424
0
15, 634
9,043
0
0
0
0
0
6, 591
0
0
()
44, 009
222, 644
162, 644
60, 000
60, 378
15,415
0
0
0
0
0
3,000
41, 963
0
0
102, 2G6
161, 990
161, 857
133
95, 955
86, 730
1, 089
0
0
0
52, 901
52, 901
0
14, 050
14,050
0
0
0
7,000
1.061
75
35, 000
31, 035
0
0
0
0
0
38, 852
94, 176
94. 176
0
26, 765
22, 903
0
0
0
0
0
0
3,862
0
30, 000
37,411
' 43, 574
D 43. 574
3, 584
0
« 40, 010
0
« 16, 831
12, 050
110, 148
110, 148
12, 082
0
98, 066
0
112, 496
48, 296
117, 083
116,950
52, 760
35. 000
29, 190
133
44, 907
43, 081
45, 600
45, 600
14, 050
0
31, 550
0
7,302
0
p 57, 341
12, 550
3,084
213, 592
51, 326
9,052
79, 096
13, 061
82, 894
53, 925
105, 037
99, 905
210, 783
37, 831
13,916
o
o
o
9,063
10, 076
11, 073
12, 330
34,405 i 64,576 134,695
1
299,015 ! 299,015 | 299,015
157, 896
165, 951
167, 335
299, Oil
299,003
298,898
264, 189
410, 472
465, 130
593, 048
656, 187
74, 566
74,566
0
16, 150
15,351
0
0
0
0
0
550
0
250
14, 250
44, 166
i 90, 243
! 90,243
!
0
7, 483
1 5,983
i
0
0
0
0
0
1, 500
0
0
; 28, 000
1 54, 759
! 86, 984
j 86,984
j
0
! 15, 336
3,366
0
'
0
0
!
0
0
12, 000
!
0
i
0
8, 900
62, 718
57, 000
57, 000
15, 601
0
41, 399
0
17,566
550
! 47, 775 ! 79, 121
47, 775
79, 121
5, 983
13, 058
5, 000
7, 000
| 36, 792
59, 063
!
0 i
0
42,467 ! 7,863
! 1, 500
2, 308
4,498
0
6,511
6,511
0
0
0
0
0
0
0
0
0
63, 814
63, 814
8, 911
18, 000
36, 903
0
30, 362
17, 854
58, 702
58, 702
3,109
88,257
88, 257
6,511
38, 852
0
14, 050
85, 265
17, 854
8,911
56, 254
3,109
3,109
110, 885
16, 858
52, 191
43, 008
90, 391
53, 830
01
0
56, 254
83, 768
0
55, 592
0
662
0
0
81, 746
0
2,022
0
6,895 j
97, 276
97, 276
13, 770
3, 000
80, 506
0
49,603
12, 569
143, 404
143, 404
28, 241
15, 000
100, 164
0
92,841
59, 283
142, 270
26, 340
4,609
231, 550
87, 524
4,695
302,474 "147.485 * 77, 437 «106, 746
59, 341
74, 979
86, 175
25, 395
113,691
18, 825
83,843 1 58,965
84,260
16, 150 i 1, 500
75
15, 601
5, 983
6,436
124, 941
21, 376
236, 245
146, 879
235, 045
146, 879
1,200
0
87, 524
26, 340
4,609
5, 195
0
0
0
0
0
0
0 i
0
0
0
15, 000
5, 583
76, 746
6,481
250
0
25, 000
45, 000
95, 540
103, 722
85, 926
15, 366
1,058
Bonds
!
Prices:
90.46
86. 84 ! 88. 27
89. 15
82.33
83. 34
83.00
81.36
84. 63
80.79
82.97
84. 43
All listed bonds, (N.Y.S.E.)
dollars.90.17
92. 54
85.82
88. 77
90. 12
91. 09
84.70
84.73
88.84
82.98
87.91
85.11
Domestic issues
_
dollars
92 32
88 03
81.57
80. 43
80. 89
71.54
78.65
72.85
75.90
74.67
65.31
71.34
67.77
Foreign issues
dollars-80.79
70.26
Domestic (Dow-Jones} (40)
83.42
79.73
66.99
62. 14
71.89
69.58
77. 85
65.46
50. 64
67.67
72.67
73.00
percent of par 4% bond—
82.93
76.72
69.64 1 72.34
56.50
63.83
53.51
58.92
62.02
59.79
56.53
51.57
62. 85
Industrials (10) . .percent of par 4% bond— 76.07
Public utilities (10)
87.37
76.57
75.64
80. 18
81. 98
75.83
74.60
79.47
71.85
70.37
69.09
79.63
percent of par 4% bond—
88.34
Rails, high grade (10)
100. 50
85.74
95. 19
97. 46
79.22
85.47
89.05
84.35
89.95
83.07
80.35
88.95
percent of par 4% bond.. 101. 57
Rails, second grade (10)
73.94
65.72
62.34
58.38
71.22
71.97
57.28
64.41
52.77
30.60
59.23
66. 32
percent of par 4% bond-*
71.84
97.0
87.9
88. 3
92. 9 !
95. 1
86.5
83.6
82.6
89.9
82.0
89.6
86.8
Domestic! (Standard Statistics) (60) ..dollars—
97.6
104.66
103. 74
101. 39
103. 51
102. 74
100. 95
103. 51
102. 91
103. 54
103. 62
103. 40
101. 43
U.S. Government (Stand. Stat.)*
dollars-- 105. 34
67.78
70. 22
66. 78
58.95
57. 97
58.78
61. 47
67. 73
61.53
57.11
59. 50
56.47
Foreign (N.Y. Trust) (40) .. .percent of par. . 66.54
Sales on New York Stock Exchange:
356, 859
Total
thous. of dol. par value.. 283, 899 350, 626 344, 050 323, 139 216, 818 234, 296 231, 520 296, 989 267, 259 413, 391 373,852 | 324,464
55, 486
23, 606
47, 980
33, 886
34, 678
41, 865
70, 264
93, 536
15, 597
38, 367
23, 583
20, 498
Liberty-Treas
thous. of dol. par value-- 65, 488
Value, issues listed on N. Y.S.E.:
41, 765
41, 737
41, 727
40, 875
42, 010
41, 581
41,829
41,761
40, 844
40, 812
41, 613
40, 878
Par, all issues
mills, of dol— 42, 406
33, 851
33, 775
33, 771
32, 680
33, 815
33, 792
33, 821
32, 593
33, 376
33, 370
34, 504
32, 553
32, 538
Domestic issues
.mills, of dol.
7,915
8,014
7.969
7.962
7,955
7, 902
8,274
8,212
8,195
8,189
8,285
8, 237
8, 291
Foreign issues
mills, of dol—
37, 781
36, 264
36, 843
37, 198
34, 861
34, 180
34, 514
33, 651
32, 99S
33, 917
34, 45S
35, 218
Market value, all issues
mills, of dol— 38, 239
31,325
28.778
29.996
30.440
30,764
29, 342
28, 639
27, 681
28, 065
27, 583
28, 303
28, 645
Domestic issues
— _ mills, of dol — 31,855
6,456
6, 384
6,115
6,083 j 6,268
6,403 i 6,435
5, 015
5, 813
5, 877
5,875
5, 970
5,415
Foreign issues
mills, of dol—
a
Revised.
* New series. For earlier data see p. 20 of the Auarust 1933 issue, Reconstruction Finance Corporation and p. 20 of the June 1933 issue, U.S. Government bond prices.
§ This excludes the amount outstanding of $435,914,726 on Jan. 31, $478,243,891 on Feb. 28, $486,686,553 on Mar. 31, $486,717,731 on Apr. 30, and $487,635,731 on May 31,1934,
representing payments made to States by the R.F.C. under the Emergency Relief Act of 1933 upon certification of grants by the Federal Emergency Relief Administrator.
/Includes $2,808,221,138 for February, $2,233,252 for March, $409,051 for April, and $298,868 for May, representing the increment resulting from reduction in weight of
gold dollar.
o The figure for expenditures includes $2,000,000,000 exchange stabilization chargeable against increment in gold.
(f Series revised to include emergency expenditures. Figures as shown in Survey for months prior to May 1932 are comparable with this series. Comparable figures
beginning May 1932 are as follows: 1932, May, $470,444,000; June, $888,121,000; July, $497,661,000; August, $372,767,000; September, $280,639,000; October, $458,692,000; November, $282.980,000; December, $838,866.000; 1933, January, $359,509,000; February, $360,341,000: March, $439,475,000.
34
Monthly statistics through December 1931,
together with explanatory footnotes and references to the sources of the data, may be found
in the 1932 Annual Supplement to the Survey
SURVEY OF CURRENT BUSINESS
1933
1934
May
Julv 1934
May
June
1934
Decem- ; Jarmar
T n n n _ r v FebruAugust ^P^- October November
| ber
j
y
ary
July
March
April
FINANCE—Continued
SECURITY MARKETS— Continued
Bonds— Continued
Yields:
Domestic t (Standard Statistics) (60) -percent. _
Industrials (15) .
percent
Municipals (15) t
percent-Public utilities (15)
percent-Railroads (15). .1
percent-.
Domestic, municipals (Bond Buyer) (20)
percent—
Domestic, U.S. Government:
Treasury bonds (3 long term)
percent. .
Treasury notes and certificates (3-6
months)
percent
4.56
5.29
3.93
4.57
4.47
5.78
6.94
5.27
5.26
5.63
5.37
6.39
4.71
5.03
5.34
5.15
6.16
4.60
4.86
4.97
5.12
6.14
4.54
4.84
4.95
5.28
6.30
4.59
5.01
5.23
5.39
6.49
4.60
5.12
5.35
5.72
6.73
4.89
5.41
5.86
5.63
6.68
4.89
5.40
5.54
5.25
6.17
4.67
5.08
5.07
4.90
5.70
4.48
4.75
4.66
4.74
5.51
4,24
4.65
4.56
4.61
5.28
4.11
4.58
4.46
4.17
5.35
5.09
5.00
4.98
4.94
5.01
5.52
5.48
4.89
4.74
4.56
4.27
3.28
3.47
3.40
3.38
3.40
3.40
3.42
3.60
3.64
3.62
3.49
3.42
3.35
.29
.07
.19
.01
.04
.09
.22
.29
.25
.08
.01
42S, 449
153, 884
571, 529
134, 350
763, 219
205, 900
349, 620
101, 800
391, 589
90, 700
645, 205
180, 150
412, 855
109, 950
566, 059
115, 600
891, 926
301, 260
403, 348
152, 750
406, 867
139, 600
576, 94C
162, 800
144, 400
1,425
2,674
274, 565
115, 800
2, 950
3,000
437, 179
158, 200
16, 500
3,000
557, 319
88, 100
4,900
2,700
247, 820
70, 100
6, 800
500
300, 889
129, 750
18, 200
4,300
465, 055
98, 500
2,000
2,300
302, 905
99, 100
5,700
700
450, 459
247, 300
26, 960
3,975
590, 680
129, 300
13, 600
1,700
250, 598
111, 200
15, 600
1,200
267, 267
111, 050
17,900
6, 400
414, 140
218, 591
199, 362
19, 229
211,890
191, 066
20, 824
116,211 211,432
105, 160 197, 493
11, 051 13, 939
164, 629
158, 577
6,052
123, 492
117, 263
6,229
259, 518
243, 742
15, 776
191,995
165, 023
26, 972
201, 854
174, 709
27, 145
212, 413
188, 244
24, 169
177, 807
172, 416
5, 391
162, 170
155, 651
0, 51 S
976.0
923. 36
965.4
923. 29
972.4
923. 63
970.6
923. 84
978.8
923. 78
978.2
923. 80
1, 017. 8
926. 13
1, 023. 4
926. 13
1, 038. 7
926. 42
1, 063. 4
926. 87
1, 079. 8
929. 04
1, 073. 4
929. 04
1.06
4.32
.72
1.66
2.19
.86
1.05
3.99
.72
1.66
2.19
.86
1.05
3.99
.73
1.66
2.19
.86
1.05
3.99
. 73
1.66
2.15
.90
1.06
3.99
.75
1.66
2.11
.90
1.06
3.99
.76
1.66
2.07
.91
1.10
3.55
.82
1.66
2.07
.91
1.11
3.61
.83
1.67
2.07
.91
1.12
3.58
.85
1.67
2.06
.98
1.15
3.58
.88
1.67
2.06
.98
1. 16
3.58
.90
1.69
2.06
.98
1.16
3.58
.91
1. 70
1.98
.98
81.6
27.7
37.6
74.59
118. 40
30.79
62.9
65.3
79.2
37.5
94.1
34.1
44.2
85.26
134. 53
36.01
74.9
77.3
96.9
44.0
100.4
34.7
51.7
88.46
135. 84
41.09
80.4
83.5
97.5
52.6
98.4
30.8
49.6
88.24
135. 86
40.63
75.1
78.8
87.1
49.4
100.3
27 9
47! 2
86.46
135. 45
37.49
74.8
80.7
80.1
47.2
92.8
24.9
38.9
79.54
127. 86
31.23
69.5
75.5
75.0
40.3
96.4
23.7
38.6
82.87
134. 22
31.52
69.1
76.7
70.0
38.4
99.3
23.2
40.5
85.18
137. 27
33.12
70.4
78.8
67.3
40.3
102. 7
25.2
44.9
88. 21
140. 48
35.95
75.6
84.0
73.2
45.5
107.3
28.4
50.8
94.35
147.91
40.79
80.5
88.4
80.6
50.0
102.1
26.4
48.1
90.06
141. 30
38.83
77.1
84.9
76.1
47.6
104. 3
26.0
49.5
92.36
144. 84
39.88
79.6
88.3
76.3
49.3
53.1
50.4
104, 229
60.7
55.7
125, 627
60.9
60.0
120, 300
58.3
58.2
42, 466
50.7
56.6
43,319
47.1
53.6
39, 379
42.5
51.8
33, 646
42.4
49.9
34, 878
51.6
57.5
54, 567
57.8
64.2
56, 830
56.7
62.8
29, 916
60.4
66.9
29, 847
32, 473
1,294
36, 3 19
1,285
32, 762
1,281
36, 670
1,290
32, 730
1,293
30, 118
1,293
32, 542
1,295
33, 095
1,293
37, 365
1,293
36, 658
1,293
36, 700
1,294
36, 432
1,295
3.99
3.67
5.18
3.59
3.27
3.02
4.12
3.06
3.02
2.76
4.09
2.58
3.25
2.93
4.78
2.73
3.37
2.96
5.48
2.93
3.59
3.25
5.61
2.51
3.65
3.26
6.13
2.62
3.59
3.21
6.24
2.48
3.36
3.04
5.59
2.25
3.10
2.81
4.94
2.18
3.33
3.00
5.50
2.32
3.25
2.90
5.58
2.24
6.78
6.38
6.22
6.20
6.26
6.38
6.51
6.50
6.30
6.01
5.96
5. 82
Cash Dividend and Interest Payments
and Hates
Total (Journal of Commerce)
thous of dol
Dividend payments
thous. of dol —
Industrial and miscellaneous
thous. of dol—
Railroads, steam
thous. of dol
Railways, street
thous. of dol—
Interest payments r
thous. of dol..
Dividend payments (A . Y. Times)
thous. of dol— 264, 155
Industrial and miscellaneous.. thous. of dol— 246, 149
Railroad
thous. of dol— 18, 006
Dividend payments and rates (Moody' s):
Dividend payments, annual payments at
current rate (600 companies) .mills, of dol— 1, 094. 5
Number of shares, adjusted
millions- 929. 04
Dividend rate per share, weighted average
(600)
-.dollars-1.18
Banks (21)
.dollars-3.58
Industrials (492)_...
dollars.94
Insurance (21)
.
dollars
1.70
Public utilities (30)
dollars1.98
Railroads (36)
dollars
.98
Stocks
Prices:
Dow- Jones:
Industrials (30)—
dol. per share—
95.3
23.1
Public utilities (20)
dol. per shareRailroads (20)
dol. per share-43.6
New York Times (50)
dol. per share .. 82.66
Industrials (25)
dol. per share.. 131. 17
Railroads (25)
dol. per share—
34.15
Standard Statistics (421)
1926-100
71.8
Industrials (351)
1926=100
79.6
Public utilities (37)
1926=100
69.8
Railroads (33).
_
1926=10043.3
Standard Statistics:
Banks, N.Y. (20)
1926-100
58.6
65.2
Fire insurance (20)
1926=100..
Sales, N.Y.S.E.
thous. of shares- 25, 343
Values, and shares listed, N.Y.S.E.:
Market value all listed shares .mills, of doL. 33, 817
1,294
Number of shares listed
millions .
Yields:
3.58
Common, Standard Statistics (90) -percent. .
Industrials (50)..
percent-3.25
Public utilities (20)
percent-5.83
Railroads (20)
percent-2.54
Preferred, Standard Statistics:
5.78
Industrials, high grade (20)
percent-Stockholders (Common Stock)
American Tel & Tel Co total
number
Foreign.
_
number
Pennsylvania Railroad Co , total
number
Foreign ._
_
number
U.S. Steel Corporation, total
number
Foreign
number
Shares held bv brokers
percent of total
671. 052
7.563
i 235,809
i 3, 174
186, 612
3,770
19.01
680, 454
7,418
238, 876
3,208
187, 978
3,450
18.80
682, 299
7,629
240, 237
3,234
186, 105
3, 171
18.66
690, 886
7,564
244 295
3,279
187 477
3,151
17 91
1
FOREIGN TRADE
INDEXES
Value:
Exports, unadjusted
1923-25=100 .
Exports, adjusted for seasonal. 1923-25=100..
Imports, unadjusted
1923-25 = 100
Imports, adjusted for seasonal.. 1923-25 = 100Quantity, exports:
Total agricultural products _ 1910-14=100
Total, excluding cotton
1910-14 = 100 _
42
45
48
47
|
i
!
j
|
45 I
44
42
42
43
47
41
42
50 i
50 '•
93
72
80
63
192, 619 ! 172, 174
162, 805
30
32
33
32
32
36
38
40
38
43
44
48
35 '
38 :!
48
50 1
42
40
45
48
51
42
47
46
49
42
40
40
51
48
41
42
71
47
72
45
80
51
66 !
50 !
97
57
120
77
111
79
109 1
93 i
193, 948
184, 256
4.166
35, 050
16, 825
108, 811
17, 041
17,821
4,670
37, 573
17, 056
94, 864
14, 082
16, 929
VALUE §
Exports, incl. reexports
thous of dol
160. 207 114, 243 119,809 144, 197 131,451 160,090
By grand divisions and countries:
2,462
3, 262
3,744 j 4,535
Africa. _.
_
thous. of dol
2,727
24,446 ! 32,120
Asia and Oceania
thous of dol
20, 630 20, 625 30, 127
10, 157 j 15, 599
Japan
thous. of dol—
8,267
7,720
15, 046
68, 081 62,710 \ 81,857
Europe
-thous. of dol._
56. 883 58, 820
8,178
8,516
8,476 ' 12,340
8,077
France
thous. of dol
9, 038 1 IS. G85
11,349
11,415
10, 235
Germany
-thous. of dol—
t Revised series. For earlier data see p. 19 of the April 1933 issue.
§ Data revised for 1932. See p. 34 of the March 1933 issue for most revisions. Other revisicEs lor tl>e
and January 1934 issues
|
5,900
40,877
18,258
102, 185
12, 129
13, 577
i
!
1
i
!
3,940
4,999
35,903 34,229
16,763 14,926
90, 030 | 82, 182
13, 200 ! 10, 935
15, 728 ! 13, 820
41
f.O
49 !
4f.
44
42
75
67 :
60
fc3
191.015 ! 179,444
6,595
37,641
16,295
92,496
12,909
15,392
j
!
i
i
i
i
5,708
37,490
14,824
80,150
10,674
10,824
year 1932 were shown on p. 34 of the April, May, December, 1933
35
SURVEY OF CURRENT BUSINESS
Julv 1934
Monthly statistics through December 1931,
together with explanatory footnotes and references to the sources of the data, may be found
in the 1932 Annual Supplement to the Survey
1934
May
1934
1933
May
June
July
October
August September
No v e m
b e r -
Decem- January Februber
ary
March
April
FOREIGN TRADE— Continued
VALUE— Continued
Exports, incl. reexports — Continued.
By grand divisions and countries — Contd.
Europe— Continued.
4,558
4,329
Italy
_.
thous. of doL.
18, 787
United Kingdom
thous. of dol..
22, 233
16, 730
North America, northern _ thous. of dol .
18, 421
16, 433
18,069
Canada
thous of dol
10, 364
10,636
North America, southern
thous. of dol-.
3,274
2,821
Mexico
thous. of dol
7,175
8,580
South America
thous. of dol
2,350
2,756
\rgentina
thous of dol
1,813
Brazil
thous. of dol_.
1,647
373
518
Chile
thous. of dol By economic classes:
Exports domestic
thous of dol
157, 171 111,883 117, 533
40, 257
Crude material^
thous. of dol
37, 975 34, 977
26.1
29.3
Raw cotton
mills, of dol
17.6
13, 044
13,362
Foodstuffs, total
-thous. of dol _ 16, 816
3,024
2,704
3,994
Foodstuffs, crude
thous. of dol_.
10, 020
10, 659
Foodstufis, manufactured .thous. of doL- 12, 822
3.8
2.9
Fruits and preparations—mills, of dol__
3.3
4.9
5.5
Meats and fats
mills, of dol
6.8
1.0
Wheat and
flour
mills of dol
1.9
17, 644
18, 181
Manufactures, semithous. of doL. 26, 189
Manufactures, finished _._thous. of doL. 76, 191 46, 218 45, 732
7.4
20.6
Autos and parts
mills, of dol
7.0
3.7
3.9
3.8
Gasoline
mills, of dol._
17.0
9.1
9.3
Machinery
mills, of dol
Imports, total
___
thous. of doL_ 154, 647 106, 903 122, 262
Imports for consumption *
thous. of doL. 146, 866 109, 141 123, 931
By grand divisions and countries: #
1,208
2,243
Africa
thous of dol
31, 751 33, 909
Asia and Oceania
thous. of doL.
8, 462
11, 467
Japan
thous. of dol
30, 805 41, 174
Europe
thous. of doL2,733
3,111
France
thous. of dol._
5,113
6,800
Germany
thous of dol
3, 282
3,720
Italy
thous. of doL.
8,010
11,171
United Kingdom
thous. of doL. --15, 405
15, 716
North America northern
thous. of dol
14, 800
15, 263
Canada
thous. of dol
12, 697
10, 931
North America, southern
thous. of doL.
3,586
2,505
Mexico
_.thous. of doL_
15, 036
South America
thous of dol
18, 289
1,320
1,772
Argentina..thous. of doL_
6, 958
Brazil
thous. of dol
5,158
438
3,788
Chile
thous. of doL.
By economic classes: #
Crude materials.. __
thous. of doL. 42,812 24, 920 34, 301
19, 721 17, 775
Foodstufls, crude
thous. of dol._ 18,406
19,083
Foodstuffs, manufactured. ..thous. of doL. 27,913 20, 303
18, 337
27, 813
Manufactures, semithous. of doL. 26, 889
Manufactures,
finished
thous. of dol_. 30,846 23, 622 23, 290
4,741
24, 787
21, 300
20, 927
11,723
3,524
9,704
3, 414
2,327
456
3,596
2-4. 686
20, 768
20, 301
10, 894
3, 315
8,890
2,897
2,089
338
7,221
28,489
21, 461
20, 978
9,473
3,324
10, 643
3,588
2,650
656
8,537
39, 533
22, 502
22, 150
11, 1S1
3,499
12, 237
4,141
3, 194
458
5,934
33, 564
23, 251
22, 709
11,648
3,685
12,249
4, 559
2,862
491
141, 661
51, 509
38.8
15, 383
3,078
12, 305
4.3
5. 7
1.1
21, 359
53, 410
7.5
6.0
10.1
142, 992
141,018
129,292
41,968
28.2
16, 886
3,052
13, 824
5.6
5.4
1.5
20, 465
49, 973
8.1
3.4
10.9
154, 976
146, 714
157, 461
63, 571
45.3
18, 700
3, 398
15, 302
6.8
5.9
1.3
21, 261
53, 928
8.3
3.9
11.7
146, 652
147, 599
191, 721
82, 545
54.3
23, 510
5,042
18, 468
11.0
6.2
1.2
24, 573
61, 094
8.6
6.5
13.5
150, 856
149, 288
181, 291
71,298
48. 8
24, 054
6, 654
17, 400
9.7
6.6
1.6
24, 186
61 , 753
7.3
2, 607
47, 796
14, 423
43, 782
3,825
7, 466
3, 518
12, 577
19, 809
19, 383
11, 541
2,461
17, 457
4, 037
6,427
763
3,179
47, 024
14, 099
51, 147
5,410
8, 702
3,473
14,073
18, 024
17, 666
11, 128
2, 503
24, 475
6,234
9,063
806
3,914
44, 397
14, 217
49, 989
5,664
8,505
3,108
12, 093
20, 493
19, 979
10, 989
1, 873
17,866
4,539
6,559
1,092
2,303
45, 603
14, 503
51, 90S
5,116
7,667
3, 838
15, 253
20, 071
19, 618
9,848
1, 766
21, 123
5,942
8,085
1,545
2,764
39, 043
11,657
43. 580
5,628
6,604
3,180
9,254
17, 890
17, 123
9,760
2,305
15, 468
3,415
5,885
953
2,587
39, 479
10, 375
42, 273
6,891
6,877
2,915
8, 253
21, 799
20, 915
9,675
3,295
17, 406
2,315
8,256
1,018
2,542
44, 714
9,530
37, 303
4,491
6,472
2, 847
7,997
17, 195
16, 397
9,317
2,824
17, 704
2,379
7,826
1,236
2,780
36, 211
9,114
44, 765
7,436
6,075
2,852
11, 033
14, 343
14, 163
8,472
2,859
18, 721
2,727
8,561
898
4,785
48, 893
11,453
45, 753
5,611
7, 495
3,613
11, 357
18, 208
17, 929
10, 768
3,922
24, 620
3,365
9,436
2,631
3,700
51, 746
10, 186
37, 545
3,898
5,738
2,912
9,008
16, 506
16, 271
9,720
3,110
21, 921
3,076
7,127
3,784
46, 441
15, 897
22, 878
31,021
26, 755
50, 660
19, 758
15, 644
35, 233
33, 681
48, 334
16, 846
14, 368
33, 510
33, 596
46, 874
17, 741
17, 089
33, 183
35, 969
37, 266
14, 854
15, 744
27, 841
32, 800
36, 233
18, 462
23, 621
27, 238
27, 664
35, 726
18, 423
20, 840
26, 415
27, 334
36, 894
20, 997
17, 299
22, 220
27, 602
44, 862
26, 108
22, 482
29, 728
29, 847
41, 009
21, 916
23, 676
26, 118
28, 418
TRANSPORTATION AND
TRANSPORTATION
Express Operations
Operating revenue
thous of dol
Operating income
thous of dol
Electric Street Railways
Fares, average (320 cities)
cents
Passengers carried f
thousands __
Operating revenues
thous. of dol
ie!o
128, 505
125, 269
6, 728
43, 878
18, 896
18,511
11,795
3, 458
12, 966
o,324
3. 626
777
5, 754
32, 244
19, 096
18,812
12, 342
4, 136
10, 864
2, 942
2,938
545
189, 789 169, 531
73, 070 60, 402
44.3
41.5
24, 345 22, 693
7,294
7, 465
16, 880
15, 399
8.4
8.3
6.7
6.1
3.9
3.1
28, 502 25, 018
63, 871 61,418
9.3
10.8
4.1
4.8
15.8
14.4
133, 218 135, 513
124, 318 "128, 738
6,291
27, 962
19, 879
19, 602
11, 788
3,764
9, 728
2, 552
2, 838
593
5,327
32, 288
25, 798
25, 363
15, 405
4,382
13, 081
3,909
3,400
654
4,596
28, 840
26, 650
26, 254
15, 989
4,668
13, 449
3,619
3,169
1,020
159, 671 187, 495
54, 21S
55, 276
37.7
34.7
19, 569
20, 073
6,894
6,139
12, 675
13, 934
6.8
5.5
5.4
5.9
2 7
3.2
24, 456
31, 382
61, 428 80, 764
13.2
20.6
4.3
5.6
14.6
18.3
132, 656 157, 908
125, Oil •153, 075
176, 499
45, 878
24.5
17, 821
5,348
12, 473
4.4
5.1
3.7
29, 361
83, 440
21.5
5.8
19.2
146, 517
141, 137
COMMUNICATIONS
-
6,746
122
6, 659
121
6, 357
132
6,374
138
6, 743
139
6,719
132
6, 789
139
7,090
133
6,641
140
6, 590
142
7,052
136
8.143
693, 493
47, 401
8.143
658, 806
45, 134
8.136
620, 424
42, 913
8.136
637, 278
45, 055
8.143
650, 745
44, 225
8.143
704, 963
47, 956
8. 143
688, 201
46, 962
8.143
741,119
8.143
750, 249
8.143
698, 933
8,143
790, 773
8.143
833, 23C
Steam Railroads
Freight carloadings (F.R.B.):
60
55
58
61
63
65
Index, unadjusted
1923-25 = 100. .
64
56
60
68
66
66
61
82
57
72
72
85
54
72
68
77
Coal .
1923-25 = 100.62
47
66
70
54
48
58
86
71
44
55
59
54
67
33
Coke
1923-25 = 100
58
55
33
33
25
31
33
30
35
33
26
Forest products
1923-25 = 100
36
36
37
38
57
62
64
64
67
57
65
65
63
Grain and products
1923-25=100 _
69
81
83
98
48
40
60
46
Livestock
1923-25 = 100
50
68
47
53
50
51
46
63
46
67
63
65
67
69
68
65
Merchandise I c l
1923-25-100
68
68
70
70
67
70
19
10
8
Ore
1923-25 = 100 .
17
8
8
60
21
32
62
90
96
68
54
64
68
58
60
64
63
55
Miscellaneous
1923-25=100
71
68
69
67
61
62
62
64
64
66
60
Index adjusted
1923-25 — 100
64
60
56
60
61
58
65
68
64
78
87
Coal
1923-25-100
70
74
62
68
52
67
66
63
75
50
54
71
53
76
44
61
58
33
61
60
53
Coke .
1923-25 = 100. _
63
32
31
34
31
30
34
32
30
Forest products
1923-25 = 100
28
34
35
33
39
74
75
63
59
68
68
76
53
57
Grain and products
1923-25 — 100
99
82
57
95
52
46
52
51
48
Livestock
1923-25 = 100__
53
54
53
47
54
56
51
55
65
66
66
67
67
70
67
Merchandise, l.c.l
1923-25 = 100
6G
69
68
66
67
70
38
34
24
34
41
33
40
14
34
53
59
Ore
1923-25 = 100...
18
49
66
62
69
67
69
67
Miscellaneous
1923-25 = 100-69
64
59
57
57
57
61
2,335
2,309
3,059
2,442 a 2, 143
2, 565
2, 366
2,178
Total cars ^
thousands
2,503
2, 265
3, 109
3,205
2, 606
401
730
502
575
427
570
Coal
thousands-.
362
494
519
°322
625
500
561
23
34
45
40
27
26
Coke
thousands. .
35
27
31
15
20
27
33
97
118
101
73
87
93
91
Forest products
_. thousands..
°S4
109
123
98
100
134
106
148
112
120
124
129
Grain and products
thousands
119
118
118
156
« 149
147
225
65
67
82
Livestock
thousands. .
65
75
70
61
66
101
62
66
93
75
664
828
660
742
«662
842
615
627
691
667
Merchandise, l.c.l
thousands..
654
832
680
29
19 |
12
83
30
12
15
184
111
Ore
thousands .
44
31
137
110
950
1,105
785
967
843
909
739
Miscellaneous..
thousands. .
"812
872
1,138
968
876
1. 139
* New series. Earlier data on value of imports for consumption will be shown in a subsequent issue.
° Revised,
t Revised series. For earlier data see p. 19 of the August 1933 issue.
# Beginning with January 1934 import data represent imports for consumption and are not comparable with earlier figur which consist of general imports. See explanation on p. 9 of the March 1934 issue.
"j Data for July, September, December 1933, and March 1934 are for 5 weeks; other months 4 weeks.
36
SURVEY OF CURRENT BUSINESS
Monthly statistics through December 1931,
together with explanatory footnotes and references to the sources of the data, may be found
in the 1932 Annual Supplement to the Survey
July 1934
1934
1933
1934
May
May
October
August September
July
June
January Febru°™- Decemary
ber
N
|
March | April
TRANSPORTATION AND COMMUNICATIONS—Continued
TRANSPORTATION— Continued
Steam Railroads— Continued
Freight-car surplus, total
. thousands
Box
thousands
Coal
thousands
Equipment, mfrs. (See Trans. Equip.)
Financial operations (class I railways) :
Dividends paid. (See Finance.)
Operating revenues t— —
thous. of doL_
Freight f
thous of dol
Passenger t
thous. of doL.
Operating expenses t
thous. of dol_.
Net railway operating income f-.thous. of doL.
Operating results (class I roads) :
Freight carried 1 mile
mills, of tons_.
Receipts per ton-mile
cents
Passengers carried 1 mife
millions _
Waterway Traffic
Canals:
Cape Cod
thous. of short tons..
New York State
.thous. of short tons..
Panama, total
thous of long tons
U.S. vessels
thous. of long tons
St. Lawrence
thous. of short tons. .
Sault Ste. Marie
thous. of short tons..
Suez._ .
thous. of metric tons
Welland
thous. of short tons..
Eivers:
Alleghenv
. thous. of short tons
Mississippi (Government barges)
thous. of short tons..
Monongahela
thous. of short tons .
Ohio (Pittsburgh to Wheeling)
thous. of short tons,.
Ocean traffic:
Clearances, vessels in foreign trade
thous. of net tons_.
Foreign
thous. of net tons..
United States
thous. of net tons..
Shipbuilding. (See Trans. Equip.)
Travel
Airplane travel:
Passengers carried*
number..
Passenger miles flown* thous. of miles-.
Hotel business:
Average sale per occupied room
dollars..
Pvooms occupied
oercent of total. .j
Foreign travel:
Arrivals, U S. citizens
number
Departures, U.S. citizens., _ _ _ number .
Emigrants-. _
number
Immigrants
number
Passoorts issued
number
National parks:
Visitors
number-.
Automobiles- number
Pullman Co.:
Passengers carried.
.
thousands
Revenues, total
thous. of dol..
COMMUNICATIONS
Telephone (class A companies) :
Operating revenues
thous. of doL.
Station revenues
thous. of dol._ i
Tolls, message
thous. of dol
Operating expenses
thous of dol
Operating income
thous. of dol '
Stations in service, end of mo
thousands
Telegraphs and cables:
Operating revenues
thous. of doL.i
Commercial telegraph tolls thous. of dol
Operating expenses _
thous. of dol
Operating income
thous of dol
355
213
93
553
281
204
454
242
148
393
216
117
255, 256
207, 490
23,911
181, 584
40, 693
278,311
223, 236
30, 981
185, 325
59, 483
293, 708
240, 172
30, 964
194, 908
64, 307
297, 018
241, 242
32, 242
202, 453
60, 978
21, 732
1.046
1,170
23, 712
1.036
1, 495
26, 460
.996
1, 633
26, 468
.999
1,717
245
542
1, 630
783
836
3, 490
2, 142
1, 109
207
479
1, 691
994
3,582
1, 960
1,239
288
473
1, 699
823
839
6, 050
2,179
1,121
254
623
1,914
1,002
980
7,691
2.227
1,212
248
168
283
291
351
108
1,592
113
1, 022
110
1,397
133
1,561
115
1,339
576
827
732
5, 129
3. 259
1,870
5, 515
3, 530
1,985
5, 991
3,779
2,212
38, 543
12, 629
54, 247
18, 861
2.74
58
2.71
51
2.83
47
19, 479
18, 003
2, 343
3,126
19. 760
20, 029
17, 727
4, 002
1, 6G4
17, 428
132, 030
31, 626
92, 518
21, 733
274
550
979
5, 745
1,287
888
5,739
3,492
2,247
;
951
2,711
80, 797
54, 706
19,502
57, 297
15, 996
14, 589
9, 169
6, 952
6, 945
1,817
18, 325 ;
22, 238 .
10,414
1, 726
23, 563
398 |
237 !
106 !
441
253
136
463
264
141
434
248
129
375
225
94
357
210
93
368
211
106
292, 147 ! 294, 342
235, 434 239, 603
32, 014
29, 835
199, 416 204, 694
60, 936
57, 265
257, 676
209, 912
24, 972
191, 824
37, 566
245, 330
191, 667
29, 312
187, 081
37, 764
258, 006
208, 780
27, 200
195, 849
30, 931
248, 439
201, 661
25, 377
188, 591
29, 281
293, 178
240, 991
27, 440
209, 251
52, 038
265, 391
214, 266
27, 045
200, 187
32, 265
26, 412
.990
1,584
23, 936
. 965
1,223
22, 001
.961
1, 491
23, 762
.969
1,346
23, 198
.963
1,234
27, 793
.966
1,343
23, 472
299
593
2. 126
1,082
1,041
7,154
2,394
1,353
281
664
1, 950
964
775
3,014
2,477
1,070
235
0
2,192
922
6
172
2, 405
131
262
0
2,087
846
0
0
2, 455
0
112
0
2,124
979
0
0
2,035
0
217
0
2,465
1,119
0
0
2, 435
250
140
2,291
1,033
54
13
2,534
254
234
219
222
201
158
31
133
174
119
812
97
429
97
1,075
106
1,387
65
1,277
70
531
82
1,427
»90
1,404
26, 130
1. 006
1,716
600
415
659
705
824
78
788
897
6, 363
4, 059
2, 304
5, 661
3,631
2,031
5,349
3,392
1, 957
5, 074
3,160
1,914
4, 509
2,841
1,668
4,354
2,888
1,466
4,201
2, 725
1,475
4,717
3,123
1,594
4,860
3,098
1,762
61, 504
21, 417
65, 181
22, 798
56, 830
21,515
50, 413
19, 356
35, 667
13, 492
26, 711
10, 411
28, 170
10, 783
27, 624
10, 476
22, 600
8,717
31,415
12, 374
2.84
48
2.98
49
2. 91
52
2.93
57
2.97
53
2.86
51
2.85
58
2.95
57
2.83
54
2.88
57
24, 453
42, 135
5,256
1,830
12, 323
43, 525
37, 626
5, 120
2,628
7,540
46, 528
27, 137
3, 784
2, 961
5,913
25, 675
23, 285
3, 856
3,004
4,790
13, 179
14, 597
3. 232
2,251
4, 601
11,979
10, 707
3,187
2, 324
3,922
11,848
13, 936
2,907
1, 843
5, 409
15, 334
18, 433 !
2, 077 !
1, 714 1
4, 190 :
20,795
14, 899
2, 304
2, 324
6, 541
22, 249
22, 349
2, 730
2,432
10, 946
441,795
117, 261
182, 954
49, 109
75, 140
19, 933
44, 464
10, 205
36, 120
7,781
1
43, 510
8, 346
57, 526 i
9,344 1
81, 707
12, 453
81, 939
15, 291
1, 351
3,621
1, 392
3,798
1,256
3, 520
1,054
2, 749
1, 333 I
3, 552 :
1,306
3, 722
1,132 !
3, 385
1, 227
3, 740
1,212
3,488
79, 356
52, 294
20, 295
55, 700
! 16, 383
! 14, 368
78, 615
52, 668
19, 206
55, 271
15, 829
14, 427
80, 395
54, 250
19, 219
56, 209
16,571
14, 444
79, 242
53, 830
18, 421
56, 767
15, 017
14, 448
80, 662 1
54, 229 ;
19,818 i
58, 777
15, 609 i
14, 449 i
81, 563
55, 012
19, 657
56, 803
16, 714
14, 483
78, 533 1
53, 220 '
18, 341
54, 780 1
15, 799 1
14, 523
82, 615
55, 015
20, 507
57, 763
16, 621
14, 581
3,838
6,746
7,598
844
8,663
6,562
7,627
625
9,076
6,970
8,101
561
8,760
6,669
7,750
605
8, 276
8.272
7,360
513
!
!
!
I
851 |
229, 496 440,728
59, 924 i 117,750
1 . 201 i
3,608 |
1, 224
3, 358
!
i
!
i
i
!
j
79, 421
52, 341
20, 167
55, 473
15, 954
14, 399
9, 557 !
7, 289 !
7, 790 i
1,309 1
9, 297
7, 032
7, 434
1, 447
80, 704
54, 104
19,832
56, 193
16, 201
14, 483
385
228
111
380 1
223 !
106 i
:
!
i
i
!
i
9, 171
7, 065
7, 715
1, 041
233
517
1,797
961
1,129 !
8, 453
2,166
1,372
i
1
!
i
8, 249
6, 147
7, 557
284
o
9,557 i
7, 396
7, 925 i
1,222 i
8, 910
6, 887
7,768
734
CHEMICALS AND ALLIED PRODUCTS
i
j
CHEMICALS
Alcohol:
i
Denatured:
i
Consumption (disposed of)
5, 505
7,923
13, 502 : 10, 781
7,172
4,318 '
4,682 !
5, 170
5, 125
6, 103
5,398
5, 228
thous. of wine gal_.
5,
574
7,452
5,264
12,
771
!
12,
072
5, 259
4,915
;
4,890
I
5,
099
i
5,
691
5,456
5,870
Production
thous. of wine gal..
2,544
2, 602
2,063
1,114
2, 349 !
2, 570 i
2, 483
1, 316 :
1,245
1,298
1, 059 I
1, 076
Stocks, end of month. _ _ thous. of wine gaU.
Ethyl:
12, 482
13, 968
16, 509 I 15, 979
13,810
12, 731
9,149 1 10,683 1 11,684
15, 396
13, 756
12,313
Production
thous o f n r o o f g a l
Stocks, warehoused, end of month
24, 595
22, 230
20, 642
19,094 ; 20,, 382
25, 423
13, 025
15, 606 \ 17, 184
21, 590
24, 375
18, 948
thous. of proof gal
Withdrawn for denaturing
9, 486
12, 478
8,776
9, 032
21,775 \ 20, 624
8, 325
9, 668
thous. of proof gal. J _
._. 8, 264 ; S, 088 1 8, 654
8,566
Methanol, wood distilled:
!
Crude:
i
195,392 i 182,498 219,899 265, 596 243, 183 312, 085 ! 327,337 300, 303
Production* f
^allons '
271, 390 338, 625 ! 316,324 319, 158 337, 174 ! 406,939 502,803 485, 853
Stocks, total* t
gallons
a
Re vised.
* New series. Covers scheduled airlines operating in United States. See p. 20 of the February 1934 issue for earlier data and p. 20 of the April 1933 issue for methanol.
t Revised series. For earlier data see p. 20 of the April 1934 issue for operating revenues, operating expenses, and net railway operating income of class I railways; and
p. 33 of the May 1934 issue for methanol.
f
37
SURVEY OF CURRENT BUSINESS
July 1934
Monthly statistics through December 1931,
together with explanatory footnotes and references to the sources of the data, may be found
in the 1932 Annual Supplement to the Survey
1933
1934
May
May
June
July
1934
August Septem-
Qctober
Novern- Decem- January Februber
ary
March
April
CHEMICALS AND ALLIED PRODUCTS—Continued
I
CHEMICALS— Continued
Methanol, wood distilled— Continued.
Refined:
Exports
gallons
Price, wholesale, N.Y—
.dol. per gal.
Production*
gallons
Shipments*
gallons. .
Stocks, end of month*
.gallons..
Methanol, synthetic:
Production
gallons-Shipments
gallons
Stocks, end" of month—.
gallons-Explosives:
Orders, new*
thous. of lb—
Sulphur and sulphuric acid:
Sulphur production (quarterly) * long tons
Sulphuric acid (104 plants):
Consumed in prod, of fertilizer-short tons—
Price, wholesale 66°, at works
dol. per short ton—
Production
.short tons..
Purchases:
From fertilizer mfrs
short tons..
From others
_ short tons.Shipments:
To fertilizer mfrs
short tons—
To others
short tons..
1
38, 556
.38
33, 100
.37
98, 131
131, 203
315, 680
93, 833
.37
153, 199
108, 628
360, 251
42, 458
.37
181, 625
97, 697
444, 179
36, 523
.37
106, 494
91, 462
459, 211
55, 553
.37
163, 619
175, 608
447, 222
96, 293
.37
144, 846
193, 398
309, 762
145, 657
.37
187, 555
166, 638
330, 679
106, 358
.38
101, 484
.38
135, 279
.38 j
57, 259
.38
!
366, 015 559, 002 561, 918 860, 314 1,460,589 1,643,040 1,099,249 962, 185
761, 369 830, 220 732, 735 955, 301 1,425,009 1,732,458 1,233,198 833, 978
,715,547 1,444,329 1,273,512 1,178,525 1,214,105 1,124,687 990, 738 1,118,945
16, 497
20, 327
23, 834
25, 106
233, 233
25, 107
25, 084
23, 256
322, Oil
23, 318
28, 504
25, 584
313, 283
27, 725
26, 958
291, 366
83, 969
67, 162
53, 586
71,951
117, 728
92, 962
160, 688
154, 205
150, 097
161, 500
149, 236
133, 983
107, 842
15.50
107, 568
15.50
90, 605
15.50
76, 530
15.50
98, 587
15. 50
131,016
15.50
133, 056
15.50
158, 406
15. 50
155, 407
15.50
155, 695
15.50
143, 811
15.50
139, 615
15.50
132, 549
15. 50
119,619
5,458
18, 793
7,311
8,247
10, 323
13, 320
23, 829
16, 147
29, 102
21, 804
17,765
23, 604
27, 126
31, 693
34, 589
33, 680
36, 181
23, 763
32, 312
29, 470
20, 151
27, 300
16, 945
27, 766
12,158
22, 721
14, 312
25, 894
13, 194
37, 278
14, 236
30, 819
13, 251
38, 885
16,511
41, 970
31,215
38, 327
23, 276
36, 270
23, 994
33, 728
26, 507
38, 008
26, 664
27, 163
21, 242
22, 793
23, 733
34, 167
21, 926
30, 240
234
60, 349
5,987
52, 479
104
101,085
59, 561
8,431
3,486
22, 714
43
85, 534
7,625
71, 624
166
105, 083
72, 190
29, 921
5,246
19, 107
18
81, 140
6,579
70, 789
250
81, 207
38, 490
5,308
2,949
38, 053
38
90, 433
8,628
79, 428
352
102, 028
34, 129
3,943
4, 602
56, 045
86
123, 289
19,834
97, 481
375
107, 076
56, 682
5,248
9,643
39, 006
100
116, 584
9,059
102, 986
763
123, 390
70, 729
29, 652
5,677
44, 548
65
117, 954
11,813
102, 115
281
118, 139
58, 718
13, 762
7,351
48, 685
190
81, 399
16, 824
59, 887
131
158, 088
100, 139
23, 508
1,829
51,600
358
60, 390
10, 227
48, 304
11
140, 327
95, 509
33, 690
3,521
37, 242
499
109, 938
14, 240
91, 639
52
121, 845
70, 739
17, 343
2,309
47, 293
1,234
118, 692
37, 438
75, 950
289
206, 781
147, 722
74, 584
2,267
55, 344
764
98, 294
18, 043
74, 287
206
178, 430
133, 706
80, 466
4,158
35, 845
1.295
1.295
1.295
1.350
1.350
1.350
1.350
FERTILIZER
Consumption, Southern States J
157
thous. of short tons..
Exports, totalf
long tons— 113, 752
2,646
Nitrogenous t
- long tons—
106, 354
Phosphate materials
long tons
426
Prepared fertilizers
long tons Imports, total t# -long tons— 103, 723
Nitrogenous f
long tons— 71, 057
Nitrate of soda t
long tons— 39, 321
5,847
Phosphates
long tons
Potash
.-long tons— 17, 310
Price, nitrate of soda, 95 percent, N.Y.
1.350
dol. per cwt—
Superphosphate, bulk:
Production.
short tons—
Shipments to consumers
short tons
Stocks, end of month
short tons.
NAVAL STORES
Pine oil:
Production
gallons—
Rosin, gum:
Price, wholesale "B", N.Y
dol. per bbl—
Receipts, net, Sports
bbl. (500 lb.) —
Stocks, 3 ports, end of month.bbl. (500 lb.) —
Rosin, wood:
Production
—bbl. (500 lb.)~
Stocks, end of mouth .
_ . bbl. (500 lb.) .
Turpentine, gurn:
Price, wholesale, N.Y
dol. per gal—
Receipts, net, 3 ports
bbl. (50 gal.) —
Stocks, 3 ports, end of month_bbl. (50 gal.) —
Turpentine, wood:
Production .
.
bbl. (50 gal )
Stocks, end of month
bbl. (50 gal.)..
59, 621
.37
95, 365
105, 578
348, 752
1.345
1.345
1.315
1.295
1.295
177, 649
94, 066
477, 497
130, 271
21, 508
514, 853
164, 666
17, 515
565, 370
262, 705
15, 403
691, 913
240, 243
94, 436
735, 567
293, 807
208, 133
215, 130
271, 014
283, 152
258, 081 274, 095
269, 719
243, 196
305,445
306, 375
293, 589
305, 273
5.49
97, 905
161, 001
4.10 !
4.30
110, 450 121, 946
227, 022 219, 882
5.16
123, 977
234, 578
4.96
113, 107
227, 943
5.08
91, 251
218, 280
4.85
90, 474
211, 422
4.84
81, 896
209, 218
4.65
81, 627
210, 771
4.66
39, 219
171, 263
5.38
32, 640
152, 569
5.44
59, 443
142, 574
5.56
69, 496
156, 447
320, 307 334, 457 322, 783 328, 345 295, 334 285, 762
74, 090 20, 042 18, 329 40, 552 59, 466 161,372
861, 546 1,011,529 1,089,179 1,130,174 1,124,243 976, 775
43, 243
98, 080
31, 045
70, 934
35, 163
63, 058
41, 033
61, 785
42, 961
57, 010
43, 213
60, 305
44, 821
65, 957
43, 197
71, 058
40, 433
73, 151
46, 850
83, 007
46, 016
86, 492
43, 753
89, 963
45, 454
90, 329
.56
24, 658
42, 570
.47
32, 359
67, 117
.46
35, 549
64, 824
.51
35, 265
70, 451
.48
33, 237
74, 920
.47
26, 911
79, 563
.44
24,479
79, 616
.47
18, 535
80, 383
.47
17, 352
81, 269
4,985
68, 786
.62
2, 639
54, 138
.59
8,721
40, 010
.59
17, 315
46, 465
5,514
7, 242
6,516
5,673
6,779
5,496
6,642
8,004
6, 929
11, 526
6,880
14, 078
6, 916
16, 433
7,970
18, 020
7,892
17,859
7,279
19, 253
7,729
20, 289
7,050
20, 689
5,028
6,981 I
OILS, FATS, AND ANIMAL
BYPRODUCTS
I
Animal fats and byproducts (quarterly) :
Animal fats:
177, 809
Consumption, factory
thous. of lb
150, 070
173,578
: 176,561
692, 340
Production
thous. of lb—
641,744
584, 471
— 579,049
417, 599
Stocks, end of quarter.
thous. of lb—
i 375,650
362, 129
373, 655
Gelatin, edible:
4,886
Production
thous.
of
lb
_
3,602
!
3,
180
1,328
9, 561
Stocks, end of quarte r
thous, of lb
1 9, 822
8, 009
8,594
Greases:
1
64, 940
Consumption, factory
thous. of lb .
59, 535
50, 665
50, 744
88,354
Production
_
thous. of lb
! 89, 974
i 88,529
85, 801
84, 600
Stocks, end of quarter
thous of lb
| 75, 634
97, 313
; 79, 633 --Lard compounds and substitutes:
Production
thous. of lb—
240, 739
245,010 ; 247,898
238, 336
Stocks, end of quarter
thous. of lb
21, 792
26, 599
27, 301
23, 648
Fish oils (quarterly) :
Consumption, factory
thous. of Re41, 795
38, 166
36, 092
44, 536
production
thous. of lb—
6, 602
33, 158
39 797
43, 936
Stocks, end of quarter
thous. of lb—
149, 105
158, 396
I 151,614
157, 423
Vegetable oils and products:
Vegetable oils, total:
Consumption, factory (quarterly)
thous. of lb—
: 617,782
829, 229
701, 039
789,311
Exports
thous. of lb—
444~
1,234
2,138
923 ~~~2,~243~
504 "~2,~232~
2,578 ~~~4~ 269" ~~~2,~524~
Imports f#,
thous. of Re- 56, 668
82, 720 87, 056 65, 624 84, fi38 i 68, 490 86, 451 90, 331 55, 176 91, 959 66, 010
51, 535
70, m
Production (quarterly)
_thous. of lb—
432, 308
640, 075
547, 514
812, 514
Stocks, end of quarter:
Crude . .
_ _ _ . thous. of lb
488, 679
716,692
! 564,074
757, 523
Refined
thous. oflb769, 898
655,532
870, 068
801, 835
• Revised.
* New series. For earlier data see p. 20 of the April 1933 issue (methanol) and p. 19 of January 1934 issue (explosives).
T Figures revised due to dropping of Missouri from Southern States classification. See p. 19 of the January 1934 issue for earlier data.
# See footnote on p. 35 of this issue.
t Revised for 1933. See p. 36 of the May 1934 issue, methanol; and p. 36 of the June 1933 issue, for 1932 revisions, exports and imports of fertilizer and imports of vegetable oils.
• Texas only. Louisiana produced 23 percent of U.S. production in 1933.
;: : : : ;
""5," 223"
38
SURVEY OF CURRENT BUSINESS
1934
Monthly statistics through December 1931,
together with explanatory footnotes and references to the sources of the data, may be found
in the 1932 Annual Supplement to the Survey
July 1934
1933
May
May
June
July
1934
August SeptemOctober November
ber
February
March
23, 786
18, 079
74, 697
21, 698
49, 190
10, 558
46, 296
12, 745
35, 816
D
ST ^uary
April
CHEMICALS AND ALLIED PRODUCTS—Continued
OILS, FATS, AND ANIMAL
BYPRODUCTS— Continued
j
Vegetable oils and products— Continued.
Copra and coconut oils:
Copra:
j
Consumption, factory (quar.).short tons
Imports #
short tons.
Stocks, end of quarter
short tons..
Coconut or copra oil:
Consumption, factory:
j
Crude (quarterly)
thous. oflb
Refined, total (quarterly) -thous. of lb__
In oleomargarine
thous. of Reimports #
thous of Ib
Production (quarterly) :
Crude.
thous. of lb._
Refined
thous. of Ib
Stocks, end of quarter:
Crude
thous. of Ib '
Refined
thous. o f l b — i
Cottonseed and products: t
Cottonseed: t
Consumption (crush)
short tons
Receipts at mills
short tons
Stocks at mills, end of month. short tons..
Cottonseed cake and meal: t
Exports f
.short tons__
Production
short tons _
Stocks at mills, end of month. short tons..
Cottonseed oil, crude: t
Production
thous. of lb._
Stocks, end of month
—thous. of lb._
Cottonseed oil, refined:
Consumption, factory (quarterly)
thous. oflb..
In oleomargarine
thous. of Ib
Price, summer yellow, prime, N.Y.
dol. per lb._
Production f
thous. of Ib
Stocks, end of month f
thous. of lb_.
Flaxseed and products:
Flaxseed:
Imports, United States #. -.thous. of bu_.
Minneapolis and Duluth:
Receipts
thous. of bu
Shipments
thous. of bu
Stocks, end" of month
thous. of bu..
Oil mills:
Consumption, quarterly thous. of bu..
Stocks end of quarter
thous. of bu
Price, no. 1, Minn
dol. per bu..
Production, crop estimate.. thous. of bu_.
Stocks, Argentina, end of month
thous. of bu..
Linseed cake and meal:
Exports
thous. of Ib
Shipments from Minneapolis
thous. of Ib..
Linseed oil:
Consumption, factory (quarterly)
thous. oflb
Price, wholesale, N.Y
dol. per Ib— i
Production (quarterly)
thous. oflb
Shipments from Minneap thous. of Ib
Stocks at factory, end of quarter
|
thous. oflb 1
Lard compound:
Price, tierces, Chicago*
dol. per Ib—
Oleomargarine:
Consumption (tax-paid withdrawals)
thous. oflb..
Price, standard, uncolored, Chicago
dol. per Ib..
Production
thous. oflb.PAINTS
Paints, varnish, and lacquer products :§
Total sales (588 estab.)
thous. of dol..
Classified (315 estab.)
thous. of doL.
Industrial
thous. of dol—
Trade
thous. of dol
Unclassified (273 estab.)
thous. of dol
Plastic, cold-water paints, and calcimines:
Sales:
Calcimines
. . dollars ._
Plastic paints
.dollars..
Cold-water paints
dollars
i
24, 519
j
62, 805
24, 895
27,257
46, 581
31, 783
10, 750
13, 026
12, 659
22, 727
23, 779
9,396
24, 614
12, 272
32, 677
141, 082
72, 476
8,715
29, 776
76, 805
24, 983
44. 537
32, 530
36, 312
14, 687
36, 203
14, 307
40, 668
161.829
81, 498
13, 251
1,886
77, 944
30, 182
59, 831
133, 934
83, 064
13, 028
15, 971
178, 399
78, 290
13, 599
22, 079
79, 942
68, 389
96, 526
79 931
98, 579
73, 395
95, 032
76, 143
'
i
138, 024
16, 815
132, 530
16, 400
182, 822
15, 562
192, 808
14, 792
110,312 ! "219,511
55, 365 « 73, 744
318, 930 "447, 759
171, 669
40, 659
316, 764
161, 560
65, 679
220, 883
233, 223
232, 648
220, 306
522, 590 646, 532 576, 957 446, 204 471, 078 440, 480
891, 359 1,130,474 846, 525 404, 006 191, 428 162, 454
589, 130 1,073,072 1,324,640 1,300,442 1,020,792 742, 249
78
5, 373
50, 880 »100, 922
219, 748 °205, 609
50
79, 975
197, 902
961
74, 237
160, 631
2,231
106, 632
178, 853
232, 851
258, 257
16, 494
289, 617
313, 114
10, 119
258, 955
315, 070
14, 130
207, 711
312, 096
211,110
289, 538
56, 347
63, 759
51, 745
52, 444
70, 878
58, 826
159, 454
119, 580
201, 648
145, 196
179, 866
159, 877
137, 987
168, 850
1,491
262, 648
1,379
1,274
1,332
263, 371
1,489
1,777
1,938
.050
.050
63, 892 •108, 169
805, 216 •781, 071
.056
70, 512
737, 849
.064
57, 450
676, 163
.052
58, 090
640, 607
.047
77, 593
622, 799
.042
156, 657
676, 537
38, 676 • 72, 773
76, 077 0 81, 283
3,369 I
8,986
12, 037
10, 559
30, 533
346, 330
107, 802
503, 721
170, 588
40, 744
373, 877
199, 972
279, 103
5,305
380
163, 828
264, 299
203
80, 814
252, 014
145, 587
188, 908
136, 564
173, 761
112, 547
146, 569
58, 201
109, 290
252, 827
1,785
1,536
1,889
248 412
2,158
2,073
.045
151, 963
723, 138
.043
122, 426
769, 235
.047
110, 950
780, 992
.051
132, 791
811, 464
.051
126, 978
838, 547
.052
95, 850
844, 033
14, 625
1,637 I
806
1,056
1,391
1,781
1,981
2,515
1,898
484
1,031
1,524
1,690
1,144
322 !
169 |
696
524
267
912
641
334
960
244
254
875
1,123
158
1,117
1,568
171
1,834
524
645
1,452
288
629
984
148
91
1,039
250
81
964
118
36
983
155
58
981
139
208
793
2.05
1.88
1.80
1.77
1.90
1.89
5,156
2,051
1.82
1.82
4,268
1.91
1.43
854
1.72
6,074
2,869
1.88
6,760
2,713
1.77
c
6, 785
5, 118
8,268
7,087
4,724
2,939
2,362
1,772
1,575
2,362
4,331
6,299
7,283
6,693
31, 739
17, 676
26, 862
38, 382
58, 686
52, 481
56, 544
61, 009
56, 069
43, 239
37, 768
18, 597
38, 136
10, 799
7,792
8,651
6, 199
6,508
8,938
7,405
8,228
10, 760
10, 025
.087
76, 975
.094
79, 035
.108
.105
.097
.096
.093
2,436
63 712
.093
97 452
.093
4,864
1,400
55, 778
.095
133, 906
997
.093
5,861
70, 824
.104
113 413
5,351
1, 679
2,337
. 097
8,770
7,855
86, 926
157, 724
99, 632
160 791
. 07-3
.073
.075
.083
.079
.068
.069
.074
.066
.068
.073
.074
.073
20,063
19, 578
15, 578
18, 929
19, 227
23, 446
22, 417
23, 597
23, 809
16, 861
21, 350
22, 083
16, 146
.070
18,266
.094
20, 031
.095
15, 530
.095
18, 406
.095
20, 859
.095
21, 553
.094
23, 664
.078
23, 943
.070
21, 386
.070
17, 870
.070
21, 572
.080
23, 616
.073
18, 023
j 26, 241
27, 813
19, 272
22, 090
15, 033
20, 621
14, 163
19, 098
13, 007
18, 944
12, 326
16, 234
11, 223
16, 156
10, 576
4,418
6,158
23, 193
27, 769
18, 436
5,012
5,580
20, 644
13, 486
6,015
7,471
7,158
17, 715
4,656
6,566
119, 733
84, 655
63, 942
137, 964
79, 792
69, 745
134, 418
61, 446
54, 049
118,811
17, 780
5,991
1 11, 789
: 8,461
181, 543
114, 546
84, 241
6,828
12, 444
8,542 \
6,406
8,627
7, 057
152, 678 i 161,415
113,739 ' 109,266
83, 287 1
61, 443
6,323
7,840
6,457
143, 483
104, 376
63, 572
5,545
7,462
4,950
7,376
6,091
6,618
174, 793
79, 681
56, 844
154, 521
62, 429
86, 913
11,895
5,639
6,256
5,820
49, 437
50, 452
15,610
7,105
7,590
8,505
7,583
10, 846
140, 743
45, 136
69, 406
147, 282
43, 647
87, 612
9,333
CELLULOSE PLASTIC PRODUCTS
Nitro-cellulose:*
Sheets, rods, and tubes:
982
973
1,111 ! 1, 228
1,387
1,152
1,585
1,598
909
798
1,435
1,384
Production ..
thous. of ib .
948
1,252
1, 119
1, 277
1,221
Shipments
_
thous. o f l b —
1,069
938
1,144
1,551
1,450
1,046
1,085
1,026
930
Cellulose-acetate:*
Sheets, rods, and tubes:
192
214
512
235
242
230
207
Production
thous. o f l b
325
258
358
436
405
510
222
221
221 1
232
218
556
230
352
Shipments
thous. o f l b —
279
377
418
351
558
a
Revised.
* For earlier data on lard compound price see p. 18 of the January 1933 issue. Data not available for cellulose products prior to January 1934.
f Revised series. For year ended July 1932 see p. 20 of the February 1933 issue, cottonseed, and for the year of 1932 see p. 37 of the June 1933 issue, exports of cottonseed
cake and meal.
§ Since March 1932, detailed figures are not strictly comparable owing to changes in firms reporting.
« Dec. 1 estimate.
# See footnote on p. 35 of this issue.
39
SURVEY OF CURRENT BUSINESS
July 1934
Monthly statistics through December 1931,
together with explanatory footnotes and references to the sources of the data, may be found
in the 1932 Annual Supplement to the Survey
1933
1934
May
May
June
July
1934
October JNovem- Decem- January FebruAugust September
ary
ber
March
April
j
CHEMICALS AND ALLIED PRODUCTS—Continued
ROOFING
Dry roofing felt:
Production
Stocks, end of month
Prepared roofing, shipments:
Total
Grit roll
Shingles (all types)
Smooth roll
short tons..
short tons _
thous. squares
thous. squares. _
thous. squares. .
thous. squares .
20, 741
3,701
19, 673
5,472
20, 313
3,908
17, 457
7,110
12, 434
5,989
14, 322
4,341
10, 819
4,499
7, 352
5,003
8,868
8,037
7,722
6,647
13,817
6,350
19, 815
5,072
2,804
691
672
1,441
2,026
552
435
1, 039
2,700
662
617
1,421
1,774
487
465
822
2,076
491
437
1,147
2,582
555
480
1,547
1,561
329
342
890
830
168
157
505
1,046
215
144
686
1,006
223
178
605
2,161
420
412
1,329
2 873
536
727
1,610
ELECTRIC POWER AND GAS
ELECTRIC POWER
Consumption, industrial, for power purposes.
(See Business Indexes.)
Fuel consumed in production of electrical
energy. (See Fuels.)
7,013
Production, totalf
mills, of kw -hr
By source:
3,604
Fuelsf
mills, of kw -hr
3, 409
Water power"!"
_
mills, of kw.-hr
By type of producer:
6, 591
Central stations!
mills, of kw.-hr__
Street railways, manufacturing plants, etc.
422
mills, of kw -hr
Sales of electrical energy:
Sales to ultimate consumers, total (Edison
5,237
Elec. Inst.)
mills, of kw.-hr-_
907
Domestic service
...mills, of kw.-hr-.
969
Commercial —retail
mills, of kw.-hr_.
2,772
Commercial — wholesale mills, of kw.-hr
Municipal and street lighting
167
mills, of kw.-hr
Railroads:
55
Electrified steam
mills, of kw.-hr.314
Street and interurban mills, of kw.-hr
Gross revenue from sales of energy (Electrical
149, 950
World)
.
thous. of dol
Revenues from ultimate consumers (Edison
141, 163
Elec. Inst.)
thous. of doL.
GAS
Manufactured gas:*f
9,744
Customers, total
thousands-9,246
Domestic
thousands
56
House heating
thousands-Industrial and commercial— _ .thousands
433
Sales to consumers
millions of cu. f t _ _
28, 689
Domestic.
millions of cu. ft
21, 098
House heating
millions of cu ft
1, 293
Industrial and commercial
millions of cu ft
6 142
Revenue from sales to consumers
32 165
thous of dol
Domestic
--thous. of dol._
25, 698
House heating
thous. of dol._
957
Industrial and commercial, .thous. of dol._ ------5, 367
Natural gas:*t
5, 312
Customers, total
. _
thousands
5 028
Domestic
thousands
Industrial and commercial
thousands
283
Sales to consumers
millions of cu. ft
62, 106
Domestic
millions of cu ft
22 480
Industrial and commercial
millions of cu ft
39 036
Revenues, from sales to consumers
23 255
thous. of dol
Domestic _
thous. of dol
15, 788
Industrial and commercial thous. of dol
7,367
7,242
7,491
7,688
7, 350
7,479
7, 243
7,470
7,631
7,049
7,715
7 443
4, 208
3, 034
4 660
2,831
4, 766
2,922
4,440
2,909
4,854
2,625
4,725
2,518
4,736
2,734
4,662
2,970
4,751
2,298
4, 639
3,075
3 956
3 487
6, 803
7,036
7,215
6,911
7,026
6,788
6,990
7,147
6,571
7,261
6, 981
439
455
473
439
453
455
480
484
478
454
462
5, 603
889
997
3,159
5,760
867
1,013
3,310
5,872
864
1,014
3,401
5,830
940
1,041
3,254
5,780
1,003
1,068
3,068
5,716
1,081
1,102
2,862
5,691
1,147
1,138
2,662
5,911
1,244
1,162
2,748
5,766
1,123
1, 085
2,831
5 796
1, 056
1, 046
2,971
5, 842
1,026
1,059
3 119
143
150
166
176
191
197
212
222
202
191
176
54
304
56
302
56
309
55
304
58
332
59
353
63
387
62
396
62
388
66
413
59
356
153, 590
154. 860
154, 930
160, 080
163, 940
165, 890
169, 540
143, 368
143, 212
143, 442
146, 688
150,390
153, 980
156, 127
162, 070
154, 832
149, 780
149, 852
9, 825
9,329
51
435
27, 378
20, 584
437
9, 809
9,321
44
437
24, 810
18, 449
206
9, 819
9,329
44
438
24, 407
18, 030
176
9,866
9,372
48
436
26, 200
19, 882
244
9,902
9, 387
68
438
28, 214
21,017
836
9,880
9, 355
78
437
29, 382
20, 254
2 484
9, 856
9,328
81
438
31, 054
20, 577
3 659
9,859
9,320
89
441
33, 143
23,417
4,562
9,876
9,335
91
441
33, 425
20, 905
4 833
9,861
9,318
88
445
33, 841
2], 201
4, 592
9,911
9, 364
93
443
31, 886
20, 484
3 348
8 216
6 0?3
6 067
5 930
6 179
6 443
6 636
6,945
7 481
7, 848
7 872
31 200
25, 461
358
5,271
28 429
23, 117
185
5,027
27 764
22, 487
162
5,016
30 046
24, 688
217
5, 028
31 705
25, 716
621
5,241
31 961
24, 709
1,644
5,476
32 936
24, 877
2,346
5, 577
34 527
25, 727
2, 895
5,757
34 242
25. 128
3, 019
5, 950
34 481
25, 394
2, 851
C, 094
32 869
24, 684
2,152
5, 900
5,299
5 028
269
56, 453
15, 283
5 247
4 977
'268
52, 696
11 228
5,274
5 008
265
52, 374
10 296
5,331
5 063
287
56, 399
11 869
5 387
5 109
276
61, 679
15 135
5 403
5 164
298
74, 393
23 838
5 445
5 145
299
80, 300
31 406
5,483
5 175
306
93, 222
39 238
5 500
5 191
307
94, 349
38 402
5, r. 04
5 H)3
3^'J
02 177
37 879
5 492
5 189
301
83, 073
29 756
40 603
40 920
41 432
43 688
45 882
49 753
47 761
53 080
54 836
52, 8C8
52 340
19 763
1 2, 223
7 441
17 313
9 861
7 359
16 935
9 337
7 495
18 216
10 288
7,804
20 874
12 296
8 467
25 911
16 434
9 335
29 865
20, 271
9 398
35 406
24 850
10 388
34 815
23 814
10 812
34, 085
23, 382
10 498
29 418
19, 254
9 996
FOODSTUFFS AND TOBACCO
BEVERAGES
Fermented malt liquors:*
Consumption (tax-paid withdrawals)
2, 625
3,721
thous. of bbl._
2,008
1,865
2, 123
2,816
2, 953
2,669
2,885
1,678
2,165
2,538
2,039
Production
_ thous. of bbl
3,263
2,422
3,703
2,494
4,349
3,519
3,488
2,875
2,292
1,918
3,077
2, 119
3,287
Stocks, end of month
thous. of bbl._
4,762
5,675
5,218
4,240
4.341
6,325
4, 460
4, 585
4, 403
3,839
Distilled spirits:*
Consumption (tax-paid withdrawals)
2,780
thous. of proof gaL.
2,281
4,337
3,418
461
517
471
1,269
517
2, 376
Whiskey
thous. of proof gal
1,883
243
230
256
965
3,753
2,828
159
Production, total..
thous. of proof gal-10, 281
7,970
2,311
2,311
5,769
7, 345
2,311
2,311
2,311
9,009
Whiskey
thous. of proof gal
7,211
2,074
4,794
2,074
2,074
2,074
2,074
6,567
Stocks, end of month
thous. of proof gal
21, 258 21,714
23, 166
27, 582 28, 695 32, 280 37, 992 45, 766
25, 464
Whiskey
thous. of proof gal._
41,326
34, 496
24, 917
18, 825 19, 122 20, 472
22. 695
25, 850 29, 269
DAIRY PRODUCTS
Butter:
Consumption, apparent*
thous. of lb._ 159, 369 "165, 491 128, 815 133, 123 142, 668 139, 403 143, 939 134,709 138, 550 147, 530 145, 476 144, 107
136, 671
Price, N.Y., wholesale (92 score)-dol. per lb_.
.24
.24
.25
.23
.21
.24
.25
.24
.24
.20
.23
.25
.20
T
133, 218
Production (factorj )t
thous. of lb._ 174, 692 "191, 218 200, 712 177, 638 166, 884 138, 801 129, 689 112, 413 111,763 112,430 106, 448 122, 746
Receipts, 5 markets .
thous o f l b
61, 499 65, 023 73, 116 64, 057
47, 206
63, 877 54, 844
50, 801 47, 955 49, 226 45, 882 40, 888 50, 520
Stocks, cold storage, creamery, end of month
15, 351 « 11,838
thous. oflb.. 27, 110
35, 159 106, 378 150,934 175, 476 174,713 160, 463 138, 166 111,249
36, 853
75, 995
a
Revised.
* New series. For earlier data see p. 19 of the May 1933 issu s, manufgictured g£is, and p. 19 of the June 1933 issue, b Litter cons umption. Month y data ori distilled
spirits available beginning July 1933 and on ferrnented m alt liquor.?, April 1£ 33.
t For revised data for electric-power produc tion for 1 332, see p p. 38 and 56 of the May 1933 issue; for 1933 see i}. 38 of th e May 19 34 issue; f ^r manufe ctured ga s for 1932
and 1933 and natural gas for 1931, 1932, and 1933, see p. 20 of the M ay 1934 issue, for biitter prod uction foi• 1931 see p. 20 of th e Jaiiuan- 1933 issu e.
40
SURVEY OF CURRENT BUSINESS
Monthly statistics through December 1931, I 1934
together with explanatory footnotes and refer- \
ences to the sources of the data, may be found i
in the 1932 Annual Supplement to the Survey
May
July 1934
1933
May
June
! July
1934
- 1 J anuary February
j August j Sej^erm' I October j ]
March
April
FOODSTUFFS AND TOBACCO—Continued
DAIRY PRODUCTS-Continued
Cheese:
Consumption, apparent!
thous. of lb..
Imports#
thous o f l b
Price, No. 1 Amer. N.Y
dol per ib
Production (factory)!
thous. o f l b - American whole milk!
thous. oflb-.
Receipts, 5 markets
thous of Ib
Stocks, cold storage, end of month!
thous. of lb_American whole milk!
- thous. of Ib
Milk:
Condensed and evaporated:
Production:!
Condensed (sweetened)
thous. o f l b - Evaporated (unsweet'ed) §.. thous. oflb..
Exports:
Condensed (sweetened)
thous. of lb._
Evaporated (unsweetened) -thous. of Ib —
Prices, wholesale, N.Y.:
Condensed (sweetened) — _ dol. per case..
Evaporated (unsweet'ed). .dol. per case-Stocks, manufacturers, end of month:
Condensed (sweetened):
Bulk goods
thous. of Ib—
Case goods
thous. of Ib—
i
Evaporated (unsweetened):
Case goods
thous. of Ib — !
1
Fluid milk:
Consumption in oleomargarine
thous. of Ib—
Production, Minn, and St. Paul
thous. of Ib—
Receipts:
Boston, incl. cream
thous. of qt_.
Greater New York *
_ thous. of qt—
Powdered milk:
Exports
thous. of Ib—
Orders net new
thous of Ib
Stocks, mfrs. end of mo ... --thous. o f l b _
59, 854
3,936
.14
61, 754
47, 563
15, 029
40,835
6,862
. 15
64,359
51,142
13, 989
45, 499
3,440
.15
57,813
46, 209
16, 923
39, 212
3, 100
.14
49, 927
39, 651
12, 656
41, 305
2,730
.13
43, 291
33, 897
12, 170
48,481 ! 78,715
41, 336 | 67, 456
94, 291
82, 771
108, 035
94, 394
113,131
99, 326
24, 907 "22,824 i 19,496
188, 688 "213,859 ! 220,655
'
544
482 !
333
1, 615
2, 122 '
3, 147
14, 805
179, 668
15, 704
149, 757
330
3,305
4. 70
2. 60
8,585 : 13,269
9,860 i 14,996
71, 193
57, 793
4.85
2.70
7, 589
9, 239
"58,680
5,527
. 15
"58,079
«44, 580
16, 037
!
i
i
|
i
:
39, 978
4,988
.13
24, 410
18, 027
10, 771
37, 182
4,524
.13
25, 742
19, 234
10, 747
44, 284
2,823
.13
28, 436
19, 921
13, 788
44, 371
3,902
.17
28, 962
21, 536
12, 366
47, 833
4,757
.15
37, 541
28, 234
9, 938
109, 655
95, 831
99,009
85, 146
91, 970
77, 773
78, 789
65, 476
67, 819
54, 934
62, 153
49, 856
18, 201
126, 079
19, 232
109, 754
13, 766
73, 039
14. 708
84, 972
15, 836
99, 073
342
2,394
312
2,885
322
1, 927
287
1,810
286
2,801
476
3,545
253 \
2,597
201
3,421
597
4, 053
4.73
2.63
4.73
2.70
4.73
2.70
4.73
2.70
4.73
2.70
4.73
2.70
4.85
2.70
4.85 i
2.70 |
4.85
2.70
4. 85
2.70
11,437
16, 932
11, 186
16, 428
10,364
14, 683
10, 523
13, 198
9,813
10, 783
9,664
9,137
7,657
6,394
5,943
4,774
4,918
4,875
131,980
177, 536
208, 493
234, 665
225, 040
210, 407
167, 074
112, 936
99, 176
3, 773
4,426
5,044
5, 220
5, 344
5, 765
5,106
4,313
5,041
5,682
4, 225
36,342
29, 395
25, 984
22,812
25, 074
26, 300
31,349
35, 021
33, 813
38, 665
36, 732
;
18,876
115,076
19, 235
110,659
19, 382
111,747
18, 243
107, 756
18, 617
111, 298
17, 604
104, 901
16, 713
106, 185
17, 328
104, 575
16, 250
96, 427
18, 216
107, 667
17, 758
103, 395
192 '
12, 132
13,695 :
225
12, 910
13,040
205
11,237
13, 303
192
11,773
13, 140
184
9,871
15, 294
215
10, 134
20, 332
196
9,512
22, 716
162
9,306
30, 100
351
9,732
29, 372
130
10, 577
24, 920
316
11, 197
25, 006
316
•10, 923
27, 648
1,992 i
1,095
1, 535
1,597
6,530
16, 509
9,170
' 143, 827
6,856
6,806
4, 722
4, 367
2,254
6, 415
1, 871
1,749
6,904
3,407
7,515
8,292
3,328
8,376
10, 822
2,018
7,135
13, 604
2,195
5,474
14, 409
2,605
3, 858
11, 741
2, 125
2, 131
15, 785
1, 971
•1, 055
13, 039
2,933
1.997
•317, 143
12, 247
2.195
2. 506
2. 388
2.013
21, 748
17, 158
23, 634
19, 763
4. 68
2. 55
151,691
48,127
4,168
4, 814
;
;
37,821
111, 196
225
12, 352
FRUITS AND VEGETABLES
i
Apples:
Production crop est'ma^e
thou^ of bu '
Shipments, car lot! .
-- -.carloads
1, 387
Stocks, cold storage, end of month
thous. of bbl—
392
Citrus fruit, car-lot shipments!
carloads. . 12, 303
Onions, car-lot shipments!
carloads..
3, 031
Potatoes:
Price white N Y
dol. per 100 Ib
1,762
Production, crop estimate
thous. of bu—
Shipments, car lot!
carloads— ~~21~467~
44, 770
3,830
.13
36, 494
28, 006 1
12, 709
19,409
117,332
104,088
590 ;'
14, 557 i 12, 999
2,783 ; 1,785
f
7,869
1,156
1.417
2.371
2.305
2. 080
2.017
1.965
18,205 i 21,379
12,017
10,795
17,478
21, 902
13, 685
1.101 1
13,015
16, 989
100, 272 | 131,719
45, 459
3,676
.13
44. 897
33, 788
10, 553
Q
65, 450
•52, 217
20, 532
152, 401
C
4,937
5,924
"117,115
GRAINS
Exports, principal grains, including flour and
2, 749
3, 176
3, 210
4, 220
2,523
2,143
4,609
7,558
4,854
5,757
5, 325
6,220
meal..
thous. of bu—
5,182
Barley:
411 ;
283
785 !
858
836
437
1,314
151
514
502
690
Exports, including malt
thous. of bu-_
425
408
. 45 |
.43
. 64 |
.69 : .67
.58
.63
.68
.70
.71
.71
Price, no. 2, Minn
dol. per bu_.
.68
•156,104
Producti'on crop estimate
thous of bu
6, 280 I
5,719 | 6,687 i
4,315
2,974
8, 780 i 5, 091
3,574
2,825
4,411
2,678
3, 026
Receipts, principal markets*.. -thous. of bu_.
3, 502
14,069 I 14,830 ! 15, 692
30,809 i 11,701
11, 633
15, 665
14, 635
12, 207
14, 102
10,911
13, 362
Visible supply, end of month, .thous. of bu_.
9, 301
Corn:
482 i
713 :
453
438
287
1,283
581
408
247
244
209
167
Exports, including meal
thous. of bu—
371
8,862 : 5,473
6,005
4,645
5,761
6,511
8, 694 ! 3,924
5, 737
4, 6904,163
4,797
Qrindings
thous. of bu—
5,271
Prices, wholesale:
.50
.44 1
.52
.38
.43
.39 '
.40
.43
.45
.45
.45
No. 3, yellow (Kansas City)— dol. per bu—
.42
.44 !
.45
.44
.53
.48 !
.47
.57 j
.51 |
.50
.49
.49
No. 3, white (Chicago)
dol. per bu—
.55
i
•2,330,237
Production crop estimate
thous of bu
26, 610
21, 840
26,464 i 33,742
40,223 1 13,543
21,333
16, 622
12,800 i
15, 052
14, 458
8, 632
8, 072
Receipts, principal markets
thous. of bu—
23,594 I 14,659
16,718 ' 15,111
10,675 ! 17, 887
13, 729
7,921
9,017 i
9,471
6,812
8,688
Shipments, principal markets— thous. of bu— 15, 877
64, 045
65,682 j 57, 396
38, 362 ! 49, 187
63,456 | 57,747 1 59, 670 i 61, 462
69, 334
68, 384
68, 067
Visible supply, end of month.- thous. of bu— 46? 808
Oats:
172 !
105
82 i
96
84 !
153 1
163
155
95
123
74
69
Exports, including oatmeal
thous. of bu~
68
.32
.36 |
.34 I
.35 :
.33 i
.32
.39
.35
.25 ;
-30
.36
.37
Price, no. 3, white (Chicago)
dol. per bu—
•722,485
Production crop estimate
thous of bu
3,050 I
2, 736
19,978 i 8,815 i 5,054
16,542
4,156 I
11,791 ! 12,159
5,002
3,390
4,029
3,938
Receipts, principal markets
thous. of bu~
38,011 | 32, 902
44,746 | 49,367 j 48, 642
47,818
46, 503
23, 695
28, 173
34,598
44, 696
42, 307
Visible supply, end of month. -thous. of bu— 26, 205
Rice:
58, 656
73, 077
26, 987 I 78, 296
79, 288
69,816 i 71,573 163, 348
96, 097 104, 951
87, 639 142, 504
Exports!
—pockets 100 Jb— 41, 267
35, 581
44, 493
23, 034 ! 15, 169
24, 737
22, 861
20,345 | 30, 368
22, 150
20,047
16,913
15, 338
Imports^
-pockets 100 Ib— 10, 134
Price, wholesale, head, clean, New Orleans
.039
.039
.031 !
.034
.036
.038 !
.029
.039
.039
.026 I
.026
.039
.039
dol. per Re«35, 619
production crop estimate
thous of bu
i
Receipts, southern paddy, at mills
191
496 |
2,094
171 :
1,087
1, 100
721
932
112
191
628 i
257
426
thous. of bbl. (162 lb.)Shiprnents to mills, total
746 !
436
965
431
605 !
773 1
821 '
565
554
910
853
573
417
thous. of pockets (100 Ib.) —
64 J
52
92 !
47
87 |
96 !
63
57
54 |
49
50 !
28
67
New Orleans.. .thous. of pockets (lOOlb.)..
Stocks, domestic, end of month
2,439 j
•2, 215
2, 767 j 2,648
2,632
671
1,157 j 2,373
937 |
2,488
1, 650 i 1, 381
thous. of pockets (100 Ib.) — 1,896
» Revised.
• Dec. 1, estimate.
* New series. For earlier data see p. 20 of the November 1932 issue, barley. Data on receipts of milk in Greater New York will be shown in a subsequent issue. Milk
receipts cover receipts of fresh whole milk by rail and truck. Figures compiled by Department of Agriculture and are available to January 1930. Old series included whole
milk, buttermilk, skim milk, and cottage cheese. Old series also included all milk hauled by 1 railroad, not all of which was delivered to New York.
! Revised series. For revisions refer to the indicated pages of the monthly issues, as follows: For 1931 on apparent consumption of cheese, production of total and
American whole-milk cheese, and production of condensed and evaporated milk, p. 20, January 1933. For earlier data on stocks (cold-storage holdings) of total and American
whole-milk cheese, p. 19, April 1933. For 1932 data on production of factory and American whole-milk cheeso, production of condensed and evaporated milk, p. 39, September 1933. For subsequent revisions for 1932 on production of evaporated milk, p. 39, November 1933. For 1933, car-lot shipments of apples, citrus fruits, onions, and
potatoes, p. 39, April 1934. For 1932 exports of rice, p. 39, June 1933.
# See footnote on p. 35 of this issue.
§ Bulk evaporated milk not included since December 1931.
July 1934
Monthly statistics through December 1931,
together with explanatory footnotes and references to the sources of the data, may be found
in the 1932 Annual Supplement to the Survey
SURVEY OF CUEEENT BUSINESS
1934
May
41
1933
May
June
i
1934
Decem- January FebruAugust SeptemOctober November
ary
ber
ber
July
March
April
FOODSTUFFS AND TOBACCO—Continued
G RAINS— C ontinued
Rye:
0
Exports, including
flour
thous. of bu._
.60
Price, no. 2, Minneapolis
dol. per bu._
/ 18, 756
Production, crop estimate
thous. of bu
1,368
Receipts, principal markets*.. .thous. of bu_.
Visible supply, end of month*_thous. of bu.. 10, 505
Wheat:
Exports:
4,335
Wheat, including
flour
thous. of bu._
1,456
Wheat only
thous. of bu._
Value, wheat and flour. (See Foreign
Trade.)
Prices, wholesale:
No. 1, Northern, Spring, Minn.
.94
dol. per bu._
.87
No. 2, Red, Winter, St. Louis..dol. per bu._
.86
No. 2, Hard, Winter, K.C
dol. per bu..
Weighted average 6 markets, all grades
.94
dol. per bu..
Production, crop estimate, total
thous. of bu
Spring wheat .
thous. of bu
Winter wheat
thous. of bu.. / 400, 357
Receipts
thous. of bu._ 12, 479
Shipments
thous. of bu.. 14, 566
Stocks, visible supply, world.. thous. of bu..
Canada
thous. of bu.. ~196~869~
United States
thous. of bu.. 77, 631
Stocks, held by mills (quarterly)
thous of bu
Wheat flour:
Consumption (computed)t
thous. of bbl
Exports
thous. of bbl._
Grinding of wheat
thous. of bu_. ~~37,~ 060"
Prices, wholesale:
6.84
Standard Patents, Minn
dol. per bbl
Winter, straights, Kansas City
5.48
dol. per bbl_Production:
Flour, actual (Census)
thous. of bbl
8,100
Flour prorated, total (Russell's) t
thous. of bbl
Offal
thous. oflb.. 656, 701
Operations, percent of total capacity
50
Stocks, total, end of month (computed)
thous. of bbl
Held by mills (quarterly)... thous. of bbL.
|
I
2
.52
17
.62
6
.83
5,211
8,806
2,573
10, 501
1,689
11,273
1,523
14
1,719
16
.74
.81
.70
.73
23, 310
17, 258
475, 380
196, 581
118, 546
2
.72
3
.71
2
.62
1,218
11, 998
1,704
12, 968
668
13, 158
1,391
29
1,700
21
1,531
43
1,466
24
.80
.82
.76
1.08
1.01
.98
.94
.92
.90
.90
.89
.87
.78
1.00
.92
.89
28, 598
15, 822
458, 610
197, 665
124, 973
37, 172
17, 527
459, 660
193, 879
135, 493
j
26, 748 22, 604
13, 729
13, 568
482, 600 515, 950
191, 545 213, 356
149, 732 153, 438
131,854
9,942
321
40, 392
8,455
362
39, 487
10, 322
290
38, 288
0
.60
« 21, 184
430
1,501
14, 153
13, 735
0
.64
0
.61
3
.59
9
.57
402
12, 936
236
12, 032
181
11,621
251
11,002
1,930
513
6,876
5,052
4,570
2, 867
4,039
2, 667
4,733
3,065
5,482
3.576
.85
.86
.83
.86
.90
.84
.83
.87
.80
.88
.91
.84
.90
.91
.85
.88
.89
.82
.83
.83
.78
. 84 I
.87
.83
.88
.91
.88
.83
•527 413 !
«176 383
«351 030 i
!
9, 064
11, 151
8. 747
10. 009
11,685
10, 231
8,921
8.087
532, 920 582, 140 558. 440 532, 980
241, 084 233, 368 227, 060 220, 759
129, 574 113,671 104, 554 94, 504
8. 408
6,492
495, 150
211.091
86, 856
17,624
17, 473
516, 580
244, 965
149,719 !
0
.62
11,612
15. 551
501, 060
242, 478
138,505
153, 635
1
173, 884
. _
7,127
362
30, 866
8,063
317
34, 473
8,749
312
37, 371
8,848
302
37, 067
8,607
388
33, 492
39, 903
8,633
292
36. 029
6. 84
6. 83
6.64
6.34
5.28
« 7, 455
~ "
8,759
362
115, 247
9,171
355
38, 320
4.86
5.38
7.55
7.14
6.93
6.75
6.90
6. 65
4.03
4.13
6.11
6.05
5.93
5.50
5.60
5.40
5. 63
5. 55
5.40
8,777
8,577
8,275
6,719
7,540
8,181
8,116
7,332
8.719
7,867
8,362
9,963
711, 463
54
9,417
696, 558
52
9,375
680, 822
53
7,956
548, 544
40
8, 769
609, 599
46
9, 171
656^ 225
50
9 158
653^ 267
52
8, 062
589, 978
47
o *fi4
706, 100
54
8 677
639^ 724
55
5,100
5,700
2,993
4,463
4,960
5,350
3,825
5,460
5,500
4,567
4,634
5, 010
4, 761
~
7,963
406
* 34, 187
9, 465
8, 298
674,' 587 « 607] 078
53
48
4,700
4 157
4,764
LIVESTOCK AND MEATS
Total meats:
1 O7O
i Ann
Consumption, apparent...
mills o f l b
1.178
1,095
1,051
1, 159
1,038
1, 107
1, 163
1 205
1 160
1 052
1 01 'i
Production (inspected slaughter)
1,314
1,241
mills, oflb..
1, 185
1, 164
1,240
1,066
1,251
1,077
1, 231
1, 465
1, 052
1,015
1,057
Stocks, cold storage, end of month, total
921
1,049
1, 146
1, 104
^.
,
mills, of lb._
865
911
940
773
730
1, 048
1, 043
945 i
935
Miscellaneous meats
mills, o f l b
65
53
75
73
65
51
54
65
50
71
fifi
56
52
Cattle and beef:
Beef and veal:
Consumption, apparent
thous. oflb
500, 131 432, 849 434, 366 423, 174 473, 257 465, 155 489, 501 436, 960 415, 516 499, 292 438, 808 463, 946 ! « 448, 926
Exportsf
thous. oflb-.
1,657
1,514
1, 344
1, 689
1,164
1,924
1,859
1,060
1,680
1,389
2, 670
2, 063
1,778
Price, wholesale:
Beef, fresh native steers, Chicago
.094
.123
dol. per lb._
.094
. 094
. 098
.094
.090
.096
. 082
. OS9
. 090
. 092
. 099
Production, inspected slaughter
thous. of lb— 493, 768 430, 356 436, 508 426, 689 475, 679 466, 068 494, 763 445, 009 423, 351 4Se, 762 431, 000 454, 655
437,914
Stocks, cold storage, end of month
35, 136
thous. of lb_- 42, 219
41, 823
48, 446
30, 538
79, 232
51, 198
59, 233 70, 010
72, 948
64, 745
55, 848
«46, 590
Cattle and calves:
Movement, primary markets:
Receipts
thous of animals
1,449
1,809
1, 456
1, 669
1,558
1,343
1,653
2,178
1,699
1, 643
1, 404
1, 500
1, 592
Slaughter, local
thous of animals
959
1,209
953
1, 068
854
1,006
1,004
1,160
993
1, 098
952
999
1, 045
Slaughter, inspected. (See Leather and
leather products.)
Shipments, total
thous. of animals..
489
592
534
460
603
638
731
971
491
527
437
495
518
Stocker and feeder.. thous. of animals..
150
162
111
193
213
261
381
528
176
165
121
138
147
Price, wholesale, cattle, corn fed, Chicapo
dol. per 100 lb_.
8.23
6. 36
6. 50
6.32
6.32
6.23
5.77
5.26
5. 32
5. 55 |
5. 83
6.51
7.44
Hogs and products:
Hogs:
Movement, primary markets:
Receipts
thous of animals
3,076
3, 143
3, 361
3,924
2,871
6,494
2,521
3, 207
3, 332
4,231
2,727
2, 468
2, 674
Slaughter, local
thous of animals
2,272
2,412
2,621
2,136
2, 957
5,552
1,699
2, 382
2, 406
3,010
1,853
1, 679
1, 883
Slaughter, inspected.
(See Leather"
and leather products.)
Shipments, total
thous. of animals.737
798
718
736
856
1,032
813
828
929
1,207
873
801
781
Stocker and feeder
thous. of animals
46
39
41
38
55
37
33
28
29
41
34
37
28
Price, heavy, Chicago
dol. per 100 lb
4.58
3.58
4.57
4.56
3.94
4.04
4.49
4.15 |
3.31
3.38
4.27
4.33
3.87
Pork, including lard:
Consumption, apparent
-.thous. of lb_. 630, 426 615,825 605, 983 576, 467 628, 786 637, 565 652, 097 670, 866 567, 717 715, 880 512, 275 536, 044 ; « 518, 587
Exports, total
thous. of lb" 79, 942
56, 154 52, 093 51, 112 49, 240 61, 157
61, 864
63, 705 67, 453 62, 617
50, 715
52,114 I 49,762
Lard..
thous o f l b
66, 167 46, 038 37, 941 36, 200 35, 714 48, 743 49, 812
47, 563 54, 778
51, 202
36, 908
39,493 | 39,350
Prices:
Hams, smoked, Chicago
dol. per lb
.136
.121
.128
.132
.135
.124
.122
.127
.119
.118
.120
. 136 \
. 138
Lard:
Prime contract, N.Y
dol. per lb._
.066
.066
.066
.073
.060
.060
.057
.059
.051
.057
.066
.067
.071
Refined, Chicago*
dol. perlb..
.070
.073
.071
.074
.068
.067
.069
.071
.062
.059
.071
.077
.073
• Revised.
• New series. For earlier data, see p. 20 of the November 1932 issue, rye; and p. 18 of the January 1933 issue, lard price
t Data revised from July 1931. See p. 19 of the August 1933 issue, wheat flour, and p. 40 of the June 1933 issue for 1932 ' beef and veal exports.
• Dec. 1 estimate.
'
f June 1 estimate.
42
SUEVEY OF CURRENT BUSINESS
Monthly statistics through December 1931,
together with explanatory footnotes and references to the sources of the data, may be found
in the 1932 Annual Supplement to the Survey
1934
May
July 1934
1933
May
June
July
August
1934
January Febru£e®m" October N0bvem- December
ary
Se
March
April
572, 457
113,056
FOODSTUFFS AND TOBACCO—Continued
LIVESTOCK AND MEATS— Continued
Hogs and products— Continued.
Production, inspected slaughter, total
thous. of lb_. 699, 676
Lard
thous. of lb_. 137, 597
Stocks, cold storage, end of mo.
thous. of lb._ 824, 631
Fresh and cured
thous. of lb._ 642 055
Lard
thous. of lb._ 182, 576
Sheep and lambs:
Lamb and mutton:
Consumption, apparent
thous. of lb._ 47, 281
Production, inspected slaughter
thous. of lb._ 47, 286
Stocks, cold storage, end of mo.
thous. of lb._
1,249
Movement, primary markets:
Receipts
- - thous. of animals. _ 2 114
Slaughter local
thous. of animals. _ 1 014
Slaughter, inspected. (See Leather and
leather products.)
Shipments, total
.thous. of animals..
1 104
Stocker and feeder
thous. of animals. .
155
Prices, wholesale:
Ewes Chicago
dol. per 100 lb._
3 00
Lambs Chicago
.. dol. per 100 lb-.
8 97
Poultry and eggs:
Eggs:
Receipts, 5 markets
thous. of cases ._
1 927
Stocks, cold storage, end of month:
Case
thous. of cases. . 7 815
Frozen
thous. of lb__ 93 812
Poultry:
Receipts 5 markets
thous. of lb._ 19 604
Stocks, cold storage, end of mo.
thous. of lb._ 39, 620
TROPICAL PRODUCTS
Cocoa:
Imports #
long tons..
Price spot, Accra, N.Y
dol. per lb__
Shipments, Gold Coast and Nigeria
long tons..
Coffee:
Clearances from Brazil, total.thous. of bags..
To United States
thous. of bags..
Imports into United States #. thous. of bags..
Price, Rio No. 7, N.Y
dol. perlb...
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 sugar:
Cuba:
Stocks, total, end of month
thous. of long tons..
United States:
Meltings, 8 ports f
long tons..
Price, wholesale, 96° centrifugal, New
York
_
dol. perlb..
Receipts:
From Hawaii and Puerto Rico
long tons..
Imports f #
long tons
Stocks at refineries, end of mo. t
long tons_.
Refined sugar:
Exports, including maple t
long tons..
Price, retail, gran., N.Y
dol. per lb._
Price, wholesale, gran., N.Y— dol. per lb_.
Receipts:*
FromHawaiiand Puerto Rico long tons..
Imports, total
-long tons..
Cuba
long tons. .
Shipments, 2 ports
long tons
Stocks, end of month, 2 ports.. Jong tons..
Tea:
Imports #
.thous. of lb__
Price, wholesale, Formosa, fine, N.Y
dol. per lb_.
750, 898
-156, 410
781, 442
670 553
110, 889
823, 375
171,519
707, 930
148, 330
631,418
129, 045
539, 848
108, 085
518, 294
98, 180
752, 912
143, 491
751, 663
150, 287
915, 320
188, 461
573, 708
115, 974
508, 993
99, 612
946, 980 1,027,581
760 730 808 322
186, 250 219, 259
981, 177
756 701
224, 476
822, 498
630 437
192, 061
627, 001
493 308
133, 693
645, 531
529 454
116, 077
762, 206
699 gge
132, 510
899, 160
730 404
168, 756
910, 000
733 956
176, 044
830, 997
657 222
173, 775
0
835, 185
a 656 087
179, 098
a
58, 368
54, 569
51, 055
56, 762
60, 116
63, 210
52, 543
54, 869
56, 556
48, 605
52, 039
58, 456
54, 556
50, 862
56, 666
60, 540
63, 897
52, 952
56, 026
56, 799
47, 519
51, 097
46, 976
1,843
1,807
1,594
1,487
1,886
2,511
2,888
4,012
4,183
3,052
2,024
« 1, 281
2,402
°1 318
2,091
1 167
2 228
1 106
2,795
1 249
2 911
1 277
3 268
1 351
2 064
1 068
1 774
1 033
1 818
1 132
1 454
1 570
1 838
957
959
1,081
•130
912
1 103
108
1 509
347
1 622
498
1 904
857
1 031
462
739
691
547
625
100
872
116
79
81
1 88
6 10
2 16
7 28
1 83
7 20
1 88
6 81
1 88
6 34
1 88
6 40
1 88
6 28
2 44
6 59
2 75
7 23
4 18
8 33
5 00
8 63
143
902
« 47, 676
135
4
?c
8 90
2 502
1 576
1 152
951
733
651
514
590
808
1 165
1 824
2 051
8 062
85 323
9 364
103 019
9 507
107 660
8 944
102 449
7 466
93 182
5 175
82 302
2 641
72* 348
731
50
49 910
39 181
1 208
38 679
o 4 640
61 419
90
23 123
24 086
22 1*>1
23 966
24 862
32 098
80 502
70 640
31 531
19 336
16 435
1 q 947
38, 131
42, 705
44, 970
47, 789
50, 177
59, 528
91,211
123, 503
120, 177
101, 776
74, 197
« 49, 212
8 044
.0561
14 801
.0450
18 097
.0480
18 198
.0550
23 884
.0548
22 056
. 0470
11 346
.0420
10 903
.0458
10 767
.0419
19 146
16 919
.0520
30 502
.0540
26 539
.0539
9,850
18, 028
19, 613
17, 832
23, 865
10, 260
11,409
22, 126
44, 599
52, 253
47, 607
42, 235
22, 287
903
418
790
.103
780
1,197
625
1,187
.082
1,631
1,366
716
977
.076
1,543
1,586
745
865
.076
1,440
1.329
627
1,128
.076
1,565
1,465
770
834
.074
1,836
1,274
602
1,019
.074
1,646
1,448
873
838
.074
1, 434
1,426
752
1,144
.081
1,520
1,877
997
1,100
.091
1,419
1,476
779
1,353
.107
1,381
1,242
636
1,305
.109
1,534
842
425
996
.104
1,212
24, 233
23, 095
22, 394
22, 370
23, 598
24, 725
5, 754
821
6,140
735
6,418
747
6,634
1 006
6,957
976
7,179
945
7,345
966
7,590
7,718
1 038
7,564
8,084
1 O9c;
8,600
8,564
932
1 076
.0472
qon
a co «QO
2,475
2, 825
2,637
2,386
2,213
2,081
1,598
1,292
1,212
926
1,335
1,862
2,422
344 352
361 308
411 361
358 713
408 918
977 g42
258 209
264 289
179 119
237 313
259 470
289 666
272 885
.028
.033
.034
.035
«.036
.036
.033
.032
.032
.032
.033
.031
.028
146, 258
250 111
185, 062
30 5 753
164,316
261 516
176, 296
312 112
99, 100
169 933
108, 023
177 152
63, 845
170 729
53, 354
160 903
30, 840
105 123
79, 790
173 846
192, 519
114 484
201, 877
173 838
151, 334
214 079
561, 680
426, 714
448, 183
498, 052
369, 780
311, 462
290, 416
248, 054
203, 513
256, 031
291, 644
406, 345
516, 505
5, 622
.051
.041
3,090
.049
.044
3,625
.049
.045
3,513
.054
.046
4,062
.052
.046
4,020
.052
.046
4,427
.051
.045
4,900
5,965
3,560
.052
.042
4,187
.051
.044
4,248
.051
.044
4,246
.051
.044
12, 369
11,095
12, 224
13, 968
11, 671
4,279
513
873
13, 203
9,981
13, 596
15 294
76 934
25, 147
76 163
32, 826
62 279
36, 513
59 718
38, 928
67 208
42, 018
49 909
32, 649
38 464
25, 984
35 636
23, 473
34 668
26, 360
39 925
22, 701
48 267
21, 950
53 045
30, 282
45 883
31, 164
4,389
7,295
5,846
8,909
11, 575
9,496
10, 929
6,418
7,670
6,938
4,696
6,758
4,493
.199
.175
.175
.175
.175
.175
.175
.175
.175
.181
.185
.185
.193
Candy sales by manufacturers.. thous. of dol. _ 16, 884
11,844
10, 717
16, 286
15, 561
21, 553
22, 598
22, 303
22, 319
20, 516
19, 538
21,951
Fish:
Landings, fresh fish, principal ports
thous. of lb__
28, 784
34, 036
30,297
22, 231
30, 542
33, 595
24 782
21, 170
17, 043
16, 739
18, 185
Salmon, canned, shipments
cases
477 019 301, 645 323, 634 700 734 603 692 318 730 200 074 312 064 403 556 513 130 449 736
Stocks, total, cold storage, 15th of month
thous. of lb__ 20, 189 19, 645 25, 711 33, 331
44, 882 51, 475
55, 928
32, 712
58, 338
44, 660
57, 188
18, 481
a
Revised.
* New series. Earlier data will be shown in a subsequent issue.
t For revised data for 1932 see p. 41 of the May 1933 issus, sugar meltings and stocks, and p. 41 of the June 1933 issue, sugar exports and imports.
# See footnote on p. 35 of this issue.
16, 792
a
.052
.044
.052
.043
MISCELLANEOUS PRODUCTS
37 906
229 108
15, 883
SUKVEY OF CURRENT BUSINESS
July 1934
Monthly statistics through December 1931,
together with explanatory footnotes and references to the sources of the data, may be found
in the 1932 Annual Supplement to the Survey
1934
May
43
1934
1933
May
June
Decem- January FebruOctober NovemJuly 1 August September
ber
ber
ary
1
March
April
FOODSTUFFS AND TOBACCO—Continued
TOBACCO
Leaf:
Exports f
_
_ thous. of Ib . 31, 380
Imports, unmanufactured #
thous. of lb._
4, 548
Production, crop estimate
thous. of Ib
Stocks, total, including imported types
(quarterly)
mills, of Ib
Flue-cured, fire-cured, and air-cured
mills, of Ib
Cigar types
mills, of lb._
Manufactured products:
Consumption (tax-paid withdrawals) :
11 174
Small cigarettes
millions
Large cigars
thousands-- 380, 450
Manufactured tobacco and snuff
thous. of lb__ 29, 056
Exports, cigarettes
..
thousands
336, 264
Prices, wholesale:
Cigarettes
dol. per 1,000._
5. 380
Cigars
dol. per 1,000.. 46. 839
20, 251
2,669
18, 523
1,502
30, 621
1,880
24, 503
1,666
42, 396
2,349
66, 217
1,911
44, 182
2,776
62, 568
4,198
•1,396,174
2,099
2,009
2, 182
1,599
1,529
1, 718
400
389
26, 997
4,218
28, 406
5,449
44, 411
4,228
11
41, 342
4, 775
2, 434
1, 956
•385
377
12 823
371, 373
12, 463
418, 570
9 526
400, 511
11,189
434, 821
9 5'?S
423, 600
9 176
408, 452
6,835
415, 347
7 800
276, 690
11, 483
337, 292
9 168
299, 214
9 333
354, 165
9,294
345, 067
31,838
197, 603
32, 358
142, 109
28, 782
207, 360
32, 942
171, 439
29, 133
271,311
30, 546
272, 498
25, 407
238, 329
21, 686
271, 219
30, 846
283, 784
28, 351
188, 956
31, 478
246, 278
27, 260
344, 740
4.851
46.062
4. 851
46. 062
4.851
46. 062
4.851
48. 062
4.851
46. 062
4.851
46. 519
4.851
46. 461
4.851
46. 461
5.274
46.616
5. 380
46. 893
5.380
46. 839
5.380
46. 839
FUELS AND BYPRODUCTS
COAL
Anthracite:
Exports
_
thous. of long tons _
Prices:
Retail, composite, chestnut
dol. per short ton..
Wholesale, composite, chestnut t
dol. per short ton..
Production f
..thous. of short tons_.
Shipments t
thous. of short tons..
Stocks, in storage
thous. of short tons..
Stocks, in yards of dealers, end of month
no. of days' supply
Bituminous:
Consumption:
Coke plants
thous of short tons
Electric power plants f
thous. of short tons..
Railroads
thous. of short tons
Vessels, bunker
-.thous. of long tons..
Exports
thous. of long tons
Price, retail composite, 38 cities
dol. per short ton..
Prices, wholesale:
Composite, mine run.__dol. per short ton..
Prepared sizes (composite)
dol. per short ton..
Production f
thous. of short tons..
Stocks, consumers, end of month
thous. of short tons
125
31
83
102
99
85
125
83
71
96
99
88
71
12.34
12.25
12. 00
12.26
12.65
13.12
13.23
13.26
13.24
13.25
13.27
13.27
12.94
9. 084
5,250
4,491
1,165
9.616
2,967
2,495
435
9.341
3,928
3,521
533
9.542
3,677
3, 239
736
9. 648
4,398
3,990
977
9.962
4,993
4,222
1,267
9.931
4, 711
4,147
1,351
9.926
4,811
4,098
1,293
9.922
4,424
4,012
1,106
9.912
6,125
5,189
725
9.881
5,952
5,198
316
« 9. 878
6,418
5,356
308
9.459
4,837
4,173
690
53
49
38
34
29
19
33
44
2,854
3,329
4 164
4,346
4 020
3,805
3,536
3,694
3,774
3,832
4,578
4,306
2,195
4,354
2,482
4,357
2,785
4,659
2,882
4,746
2,674
4,759
2,826
5, 159
2,738
5,002
2,827
4,984
2,817
5,256
a 2, 871
5, 180
2,814
5,759
2,391
4 757
122
103
722
1,074
106
806
118
983
63
117
953
134
811
122
976
140
1,000
91
448
73
369
70
382
90
490
81
675
8.13
7.17
7.18
7.64
7.77
7.94
8.08
8.18
8.18
8.24
8.22
8.23
8.18
4.179
3.497
3.500
3.572
3.690
3.722
3.929
3.963
3.961
3.972
3.974
3.972
4.120
4.217
28,100
3.416
22, 488
3.400
25, 320
3.550
29, 482
3.726
33, 910
3.829
29, 500
4.119
29, 656
4.167
30, 582
4.164
29, 600
4.178
32,916
4.210
31, 970
4.216
38, 497
4. 233
24, 772
30, 582
34, 095
34, 143
32, 840
27, 100
28, 371
27, 720
22,-972
COKE
Exports
thous. of long tons
Price, furnace, Connellsville
dol. per short ton..
Production:
Beehive f
thous. of short tons
Byproduct t
thous. of short tons..
Petroleum
thous of short tons
Stocks, end of month:
Byproduct plants
thous. of short tons..
Petroleum, refinery _ thous. of short tons
52
46
56
62
73
85
3.64
1.75
1.84
2.50
2.91
2.63
0
73
o 2, 793
154
a 75
« 2, 920
112
a
63
« 2, 708
139
2,947
1,185
2,951
1,149
3,022
1,036
3,080
987
74, 619
2,143
.315
82, 841
72
79, 525
3 411
.460
84, 387
73
79, 151
3 673
.505
85, 239
73
51
3,192
1,948
a
a
50
1, 915
145
2,975
1,176
0
0
53
2, 237
154
56
39
39
55
45
25
3.47
3.75
3.75
3.63
3.50
3.43
3.59
a 47
0
98
« 2, 341
118
°95
* 2, 451
129
97
2,476
127
118
2, 493
121
150
2,969
126
61
2,875
101
3,053
891
3,043
760
2,850
727
2,347
637
1,808
595
1,713
565
1, 964
553
75, 316
2 069
.768
78, 186
71
75, 461
1 758
.940
76, 017
69
68, 461
1 875
.940
69, 755
65
70, 440
2 876
.940
72, 060
65
71,512
3 Oil
.940
71, 976
66
66, 470
2 416
.940
65, 450
69
71, 807
2 272
.940
75, 548
67
73, 563
9 877
.940
75, 796
71
95, 335
95, 273
94, 926
36, 625 ft 35, 197 ft 35, 076
306 969 ft315 563 6315 878
48, 304 ft 56, 429 ft 56, 452
258, 665 ^259, 134 ft259, 426
548
643
955
92, 507
ft 35, 568
6312 815
ft 54, 458
ft258, 357
1 070
90, 242
ft 35, 399
&311 758
ft 55, 837
ft255, 921
992
87, 826
» ft34,104
o &312 070
ft 57, 048
ft255, 022
905
86, 869
ft 33, 864
6311 659
ft 55, 458
ft256, 201
910
83, 812
ft 33, 350
&309 864
ft 55, 582
ft254, 282
810
a
2, 579
139
PETBOLEUM AND PRODUCTS
Crude petroleum:
Consumption (run to stills)
thous. of bbL.
74, 340
~~3~442~
2 206
Imports #
thous of bbl
Price, Kansas- Oklahoma
dol. per bbL.
.940
.276
Production f
thous. of bbl_.
84, 747
Refinery operations
pet. of capacity..
69
Stocks, end of month:
California:
Heavy crude and fuel oil. .thous. of bbL.
95, 322
Light erude
thous. of bbl_.
38, 722
297, 166
East of California, total f
thous of bbl
50, 839
Refineries |
thous. of bbL.
Tank farms and pipe linesf.thous. of bbL.
246, 327
444
Wells completed f
number
Mexico:
1,867
Exports
thous. of bbL.
2,886
Production
thous. of bbL.
Venezuela:
9,624
Exports
thous. of bbl.. 10, 723
Production
thous. of bbL. 11. 542
9.133
95, 367
37, 537
303, 260
50, 220
253, 040
372
81 584
78, 965
ft 34, 093 ft 33, 889
6311 576 ft 312 005
ft 56, 383
ft 55, 482
ft 255, 193 ft 256, 521
930
914
2,215
2,805
2,502
2,951
2,607
2,893
947
2,606
1,278
2,428
1,184
2,900
2,582
3,259
1,979
3,114
2,148
2,862
2, 260
3,192
2,179
3,206
8,222
9.262
9,636
10. 052
10, 146
10. 309
9,959
10. 182
10, 096
10.728
10, 398
10. 717
10, 558
11.084
9,844
10. 860
9,199
9.769
10, 268
10. 900
9,962
11.028
a Revised.
t Revised series. For revisions refer to the indicated pages of the monthly issues, as follows: Exports of tobacco for 1932, p. 42, June 1933; 1932 final revision of anthracite
and bituminous coal production, p. 42, January 1934; anthracite shipments for 1932, p. 42, December 1933; consumption of bituminous coal by electric power plants, p. 42,
May 1933; beehive and byproduct coke for 1932, p. 43, December 1933. Data revised for 1933. Beehive, Jan. 87, Feb. 89, Mar. 99, Apr. 50; byproduct Jan. 1,783, Feb. 1,637,
Mar. 1,663, Apr. 1,652. Crude petroleum production, stocks, east of California (total), at refineries and at tank farms and pipe lines, and wells completed, for 1932, p. 56,
November 1933.
ft Statistics here given as of August 31 and subsequent months are not comparable with the figures for earlier months because of revisions and transfers from one kind
of storage to another as a result of the new form of report to the Petroleum Administrative Board. The Bureau of Mines has not found it possible to reconcile these figures
Bnd will report them henceforth to compare with the August data. The Aug. 31 figures on the old basis are on p. 42 of the November 1933 issue.
» New basis, as of Dec. 31, caused by 1,089,000 barrels being classified as fuel oil.
# See footnote on p. 35 of this issue.
Digitized fort FRASER
Price converted to short-ton basis.
• Dec. 1 estimate.
http://fraser.stlouisfed.org/
Federal Reserve Bank of St. Louis
44
Monthly statistics through December 1931,
together with explanatory footnotes and references to the sources of the data, may be found
in the 1932 Annual Supplement to the Survey
SURVEY OF CURRENT BUSINESS
1934
Julv 1934
1933
May
May
June
July
1934
1
Decem- January FebruOctober NovemAugust September
ber
ber
ary
March
April
FUELS AND BYPRODUCTS— Continued
PETROLEUM AND PRODUCTS— Con.
Refined products:
Gas and fuel oils:
Consumption:
Electric power plants!
thous. of bbl_.
Railroads
thous. of bbl
Vessels, bunker
-thous. of bbl__
Price, fuel oil, Oklahoma, 24-26 refineries
dol. per bbl__
Production:
Residual fuel oil*f
thous. of bbl
Gas oil and distillate fuels* t
thous. of bbl
Stocks:
Residual fuel oil, east of California*!
thous. of bbl
Gas oil and distillate fuels, total*
thous. of bbl !
Gasoline:
Consumption!
thous of bbl
Exports
thous of bbl
Exports, value. (See Foreign Trade.)
Price, wholesale:
Drums, delivered, N.Y
dol. per gaL.
Refinery, Oklahoma
dol. per gal._
Price, retail, service station, 50 cities
dol. per gal..
Production:
1
At natural gas plants!
thous. of bbl..
At refineries!
thous. of bbl
Retail distribution (41 States)!
mills, of gal
Stocks, end of month:
At natural gas plants _ thous. of bbl
At refineries!-.
thous. of bbl._
Kerosene:
Consumption!
.
thous. of bbl
Exports
.thous. of bbL.
Price, 150° water white, refinery, Pa.
dol. per gaL.
Production
thous. of bbl__
Stocks end of month
thous. of bbl
Lubricating oil:
Consumption!
thous. of bbl
Price, cylinder oil, refinery, Pa.
dol. per gal..
Production
thous of bbl
Stocks refinery end of mo thous. of bbl
Other products:
Asphalt:
Imporis#
thous. of short tons
Production!
.thous. of short tons .
Stocks, refinery, end of month
thous. of short tons.. _
Coke. (See Coke.)
Wax:
Production
thous. of Ib
Stocks, refinery, end of mo thous. of Ib
2, 652
.750
720
2,948
2,726
892
2,926
3,179
1,031
2,891
2,896
979
2,817
3,070
904
2, 953
2,669
943
3,292
2,397
918
3,154
1,511
954
3,118
2,705
910
3, 166
2,646
828
3,250
2, 782
875
2,890
2,399
76G
2,457
.325
.356
.415
.444
.563
.620
.650
.663
.690
.750
.738
.750
20, 010
20, 556
21, 572
21, 049
20, 143
20, 819
19, 004
18, 962
19, 847
18, 183
20, 539
19, 344
6, 108
6,271
7,295
6,143
6,375
7,157
6,391
7,252
7,691
7,155
8,004
7, 563
17, 763
17, 374
17, 941 < 19, 097
18, 824
20, 315
18, 957
« 17, 660
16, 134
14, 233
14, 044
15,673
12, 890
14, 980
17, 760
18, 948
20, 160
20, 454
19, 016
' 16,212
14, 136
12, 322
10, 658
11,403
1,643
33, 999
1,955
37, 710
2, 154
34, 458
3, 029
37, 426
1,550
34, 303
1,802
32, 973
2,455
30, 262
2,771
28, 787
1,452
29, 416
1,797
25, 048
30, 523
2, 235
32, 735
2,436
.150
.048
.145
.026
.149
.037
.165
.048
.165
.041
.174
.052
.177
.051
.177
.050
.177
.050
.165
.048
.166
.048
2,795
30, 472
648
.047
. 158
.044
.145
.045
.108
.131
.135
.140
.145
.143
.142
2,776
34,611
2,669
35, 428
2,769
36, 576
2,824
36, 524
2,791
36, 581
2,981
35, 971
2,931
32, 891
3,005
31, 685
3.024
33, 462
970
1,075
1,005
1,085
1,030
962
931
841
852
788
940
926
33, 757
873
30, 582
950
30, 142
847
29, 038
661
28, 747
572
28, 572
609
'992
992
27, 308 ' 34, 760 37, 774
979
41,852
1. 022
42, 578
1, 276
40, 914
3,005
598
3,115
349
2,041
846
2,799
620
3,375
726
3,406
922
3,726
1,045
4,143
851
4, 245
576
4,154
716
4, 218
657
3,654
1,148
.045
4,146
5,761
.044
4,126
6,404
.044
4,272
7,785
.044
4,109
8,445
.048
4,004
8,343
.053
3,993
7,987
.053
4,005
7,217
.052
4,289
« 6, 557
.048
4,507
6,228
.045
3,961
5,299
.048
4, 576
4, 986
.048
4,647
4,822
3,019
32, 705
2,926
34, 097
1,624
1,646
1,630
1,535
1,426
1,507
1,538
1,667
1,440
1,302
1, 643
1,651
.219
.134
2,114
8,167
.149
1,846
7,734
.169
1,965
7,199
.179
2,019
7,226
.183
2,046
7,007
.190
2,115
6,776
.190
2,375
7,075
.190
2,212
« 7, 030
.208
2,198
7,020
.220
1,865
7,120
. 220
2,152
6, 837
.220
2,322
6,796
1
2
229
1
247
265
2
247
0
218
3
234
1
156
4
151
3
145
1
106
0
156
3
205
298
288
278
268
253
242
259
255
304
331
371
378
40, 600
124, 770
38, 640
112,614
36, 120
98, 536
40, 320
85, 924
42, 280
80, 300
47, 320
75, 803
43, 680
72, 751
41, 720
68, 833
46, 480
78, 934
39. 200
83, 791
43, 120
86, 644
39, 480
91, 673
21, 588
2,405
10, 227
5,319
2,368
20, 766
2 104
7,762
6,837
2,541
18, 662
2 840
5,807
6 140
2,494
17,683
1 580
5,837
5 837
3,315
! 20,709
i 1 856
\
6,388
'
7 5Q8
'
3 457
22, 625
j 221
7,265
9 119
3, 124
.. .
LEATHER
HIDES AND SKINS
mports, total hides and skins!#_thous. of lb_. 21, 235
2 259
Calf and kip skins
thous of Ib
5,184
Cattle hides
thous. of l b _ _
7,217
Goat skins
thous. of Ib
4,247
Sheep and lamb skins
thous. of Ib
Livestock, inspected slaughter:
600
Calves
thous. of animals
864
Cattle
thous. of animals
4,218
Hogs
thous of animals
1,244
Sheep
thous. of animals
Prices, wholesale:
Packers, heavy native steers, Chicago
.104
dol. per lb._
Calfskins, no. 1 country, Chicago
.116
dol. per lb__
Exports:
LEATHER
186
Sole leather
thous of Ib
4,336
Upper leather!
thous. of sq. ft_.
Production:
Calf and kip*._
--thous. of skins..
Cattle hides*!
thous. of hides
Go^t and kid*
thous of skins
Sheep and lamb*!_._
.thous. of skins..
Prices, wholesale:
.30
Sole, oak, scoured backs (Boston)dol. per Ib.
Upper, composite, chrome, calf, black, "B"
.337
grade
dol. per sq. ft_.
AND
PRODUCTS
29, 292
4,606
10, 432
3,759
5,909
38, 996
6 353
14, 887
7, 184
7,412
50, 103
6,500
24, 836
8,579
7,756
50, 828
5,492
26, 374
8,733
8,320
36, 354
3, 191
17, 488
8,291
5,083
476
717
4,286
1,505
441
751
4, 626
1,490
401
752
3,914
1,399
416
840
3,477
1,532
405
821
455
861
424
111
402
721
471
831
3, OH8
1,609
3,058
1,668
4,501
1,356
4,530
1,390
5,391
1,407
.098
.121
.122
.153
.137
.174
.150
.190
.132
.174
.103
.158
.103
.156
.099
.167
.101
.144
. 103 !
. 137 \
123
5,192
88
4,876
175
6,464
167
4,917
124
6,315
113
5,263
113
6,703
116
6,684
252
6,160
136 •
4,859 ;
282
6,144
186
5,457
1,051
1,408
3, 121
3,319
1, 384
1,491
3,924
4,012
1,393
1,463
4, 145
4,237
1,435
1, 563
4,634
3,934
1,113
1,439
4,005
3,239
1,126
1, 538
3,994
3,290
1,063
1,623
3,786
2,630
1,013
1,520
3,763
2,322
981
1,640
4,290
2,580
879 j
1,662 !
4,074
3,558 !
911
1,738
4 358
3,690
999
1,674
3,949
3,791
32, 645
4, 192
14, 450
7,901
4,086
437 I
733 '
3,433 '
1, 159
534
771
3 039
1, 242
. 096
. 121
526
749
3 411
1, 164
.108
.129
.29
.34
.37
.40
.39
.35
.31
.32
.32
.31 j
.30
.30
.281
.314
.330
.348
.349
.344
.337
.350
.352
.352 •
.347
.343
* New series. For earlier data see p. 20 of the February 1933 issue, production of residual fuel oil and gas oil and distillate fuels, and p. 19 of the June 1933 issue, leather.
! Revised series. For revisions refer to the indicated pages of the monthly issues, as follows: Consumption of gas and fuel oils in electric-power plants for 1982, p. 43,
May 1933, for 1933 revisions, p. 43 May 1934; production of residual fuel oils and gas oil and distillate fuels, stocks of residual fuel oil east of California, consumption of gasoline, production of gasoline at natural gas plants and refineries, stocks of gasoline at refineries, consumption of kerosene and lubricating oil, and production of asphalt for
1932, p. 56, November 1933; retail distribution gasoline in 41 States for 1932, p. 43, May 1933, for 1933, p. 43, May 1934; production of cattle and sheep and lamb hides, p. 44,
April 1934; imports of total hides and skins and upper leather for 1932, p. 43, June 1933.
c
Beginning Aug. 31, figures reported on the new basis, caused by transfer of 414,000 barrels from gas-oil and fuel-oil stocks.
r
New basis caused by transfer of 243,000 barrels from bulk terminal stocks and approximately 93,000 barrels transferred from refinery stocks.
' New basis resulting from transfer of finished stocks to unfinished stocks and addition of stocks not previously reported.
# See footnote on p. 35 of this issue.
SURVEY OF CURRENT BUSINESS
July 1934
Monthly statistics through December 1931,
together with explanatory footnotes and references to the sources of the data, may be found
in the 1932 Annual Supplement to the Survey
1934
45
1934
1933
May
May
June
July
Decem- January FebruOctober NovemAugust September
ber
ber
ary
March
April
LEATHER AND PRODUCTS—Continued
LEATHER MANUFACTURES
Gloves and mittens:
Production (cut), total
dozen pairs
Dress and street
dozen pairs
Work
dozen pairs
Shoes:
Exports
thous. of pairs
75
Prices, wholesale:
Men's black calf blucher,
Boston.
dol. per pair
5.50
Men's black calf oxford, lace,
St. Louis
- dol. per pair
4.15
Women's colored calf, Goodyear welt, oxford, average
dol. per pair.. p4.00
Production, total...
thous. of pairs_. 33, 674
Men's
thous. of pairs. .
Boys' and youths'
thous. of pairs
Women's
_ . __ ,__thous. of pairs_.
Misses' and children's
thous. of pairs
Slippers, all types
_ _ -thous. of pairs _
All other footwear
thous. of pairs__
251 036
121, 494
89, 382
297, 697
150, 455
147, 242
294 481
142, 508
151, 973
316 436
168, 559
147, 877
281 363
141, 776
139, 587
282, 249
127, 317
154, 932
228 486
100, 559
127, 927
178 398
57, 050
121, 348
171 242
69, 196
102, 046
57
63
51
80
64
58
74
78
40
41
5.50
5.50
5.15
5.35
5.40
5.40
5.50
5.50
5.50
5.50
5.50
5.55
3.85
3.85
4.08
4.23
4.35
4.35
4.35
4.20
4.15
4.15
4. 15
4. 15
3.27
32, 965
8,362
1, 683
11,950
3,248
3,525
4,197
3.35
34, 861
9,040
1,932
12, 061
3,226
4,340
4,262
3.45
33, 749
8,328
1,993
12, 587
3,052
4, 513
3,276
3.77
37, 019
9,138
2, 103
14, 521
3,201
4,735
3,321
3.85
31, 234
7,656
1,711
12, 098
2,670
4, 138
2,962
3.85
31, 455
8,293
1,827
10, 999
2,492
4,986
2,858
3.85
23, 695
6,909
1, 515
6,783
1,974
4,256
2,258
3.93
20, 095
6,186
1, 150
6,765
1, 889
1,955
2,151
4.00
25, 787
7,046
1,342
10, 639
2,589
1,424
2,746
4.00
4.00
4.00
30, 120 °033, 357 ° 33, 308
7,845 0 8, 669
8,385
1,481
1, 503
1,507
12, 245 °014, 006
12, 877
3,056 0 3, 686
3,223
2,327 0 3, 565
3,428
3,166
3, 927
3,889
72, 741
97, 956
96, 969
70, 282
3,077
2,994
4,440
60, 533
61, 827
62, 857
LUMBER AND
100
76
MANUFACTURES
LUMBER
Exports, all types *
M ft.b.rn__
Retail movement:
Retail yards, Ninth Fed. Res. Dist.:
Sales
M ft.b.m
Stocks, end of month,
__M ft.b.m.
Retail yards, Tenth Fed. Res. Dist.:
Sales'
. M ft.b.m
Stocks end of month
M ft b m
60, 991
89, 304
94, 525
95, 235
78, 192
a
5, 206
55, 033
7,515
60, 199
6,681
62, 345
7,555
3,879
2,266
60, 344
59, 031
56, 902
55, 606
56, 764
3,147
58, 837
2,268
27, 760
2,506
28 059
2,534
2,326
2,175
29, 1 56
1,862
27, 951
27, 665
1,792
27, 493
2,300
28, 428
2,168
28 190
2,059
29 034
2, 124
29 208
2,430
28 365
28, 351
28, 052
M ft b m
M ft.b.m
M ft.b.m .
M ft b m
M ft b.m
4 437
5,998
4,480
4,512
19, 526
3 942
5 141
1,650
2 715
16 129
5 195
5 535
2
5
4
3
17
2 419
5 889
2 219
3 629
4,763
6,438
2,342
4,789
2,353
4 384
14 590
3 485
4 994
3,761
4 326
14 228
2 300
18, 546
3 234
18, 210
19, 349
18, 666
18, 828
3,037
5,598
4,226
4,303
19, 195
M
M
M
M
M
8,646
11, 135
9,546
9 813
62, 635
22 645
22 418
12, 464
14 549
48 073
13
17
15
17
37
9 445
13' 924
17 693
13 676
42 806
12 858
14 567
18 446
12 793
60' 946
12 263
12, 066
3 365
10, 655
5 423
10, 245
28 238
29, 788
682
17, 005
8,919
12, 415
10, 360
9 563
62 415
130
456
953
624
029
10 017
63 795
6 417
65 234
5 137
65, 051
8,112
65, 285
62, 532
63, 938
113
241
116
124
1,861
1,621
(i)
184
6,467
63, 800
0
6,498
75, 965
6,868
80, 469
2,268
83, 453
109, 919
Flooring
Maple, beech, and birch:
Orders:
New
Unfilled, end of month
Production
Shipments
Stocks end of month
Oak:
Orders:
New
Unfilled, end of month
Production
Shipments
Stocks, end of month
ft b m
ft.b.m
ft.b.m
ft b m
ft.b.m
2,832
499
581
888
723
176
643
388
252
386
171
2 243
4 622
2,784
2 622
17 723
6 341
11 377
9,376
3 759
5, 755
3, 161
3 236
18 610
8
11
6
8
65
6,989
6,854
4,656
2, 486
3,665
6,900
5 667
2,964
3,665
7,737
7,167
4,596
4,643
13,711
5,800
9,476
Hardwoods
Hardwoods (Southern and Appalachian districts) :
Total:
Orders:
New
mill ft b m
Unfilled, end of month
mill.ft.b.m._
Production
mill ft b m
Shipments
mill.ft.b.m- .
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__
Unsold stocks
--mill.ft.b.m..
Oak:
Orders, unfilled, end of month
mill.ft.b.m..
Stocks, total, end of month, ..mill. ft. b.m_.
Unsold stocks
mill.ft.b.m-.
Northern hardwoods:
Production
M ft.b.m..
Shipments
.
M ft.b.m
$0)
0)
(1)
264
135
229
1,826
1,562
240
169
203
1,789
1,548
128
208
165
158
1, 789
1,581
128
200
150
131
1,728
1,528
128
211
143
124
1,740
1,530
143
234
131
124
1,784
1,550
71
218
135
116
1,870
1,652
98
230
124
90
1,887
1,657
124
240
128
116
1,891
1,651
135
239
120
128
1,862
1,623
150
265
135
131
1,856
1,591
44
427
383
0)
0)
(0
68
356
288
77
427
350
80
453
373
65
350
285
76
364
288
48
382
334
44
395
352
46
411
365
46
414
368
48
425
377
48
424
376
95
580
485
0)
(0
0)
85
538
453
83
545
462
71
554
482
78
549
471
76
557
481
92
570
477
85
582
496
85
584
499
88
588
500
90
582
492
110
578
468
9,574
10, 285
13, 039
10, 677
10, 686
13, 298
9,811
15, 178
11, 162
16, 733
1 3, 354
19, 965
18, 086
17, 227
25, 361
14 854
20, 373
11 602
30, 871
18, 975
27, 599
10, 094
25, 492
13, 876
25, 380
20, 824
52, 956
25, 256
118, 179
116 388
164, 287
120 865
69, 385
123, 351
119,970
142, 352
145, 933
123, 103
141, 457
152, 648
18 39
18 27
18 50
18 56
19.00
19.00
19.00
33.85
33.71
128 027
118. 179
57.00
37.00
37.00
37.00
37.00
14, 581
16, 919
3,523
16 353
233
5,553
26 690
7,382
26 280
11,376
21 814
14 290
18,204
Softwoods
Fir, Douglas:
Exports :§
Lumber.-.
M ft.b.m.. 14, 701 35, 795 39, 447 32, 968 24, 933 27, 515
Timber .
M ft.b.m
23 308
10, 422 24 478
16 043
15 681
16 408
Orders:
New t
_-M ft.b.m.. 139, 666 229, 196 247, 549 154, 439 122, 656 131, 161
Unfilled, end of month
M ft.b.m
179, 059 195 175 203 680 218 900 105 645 112 807
Price, wholesale:
No 1 common _ _ dol. per M ft.b.m
18.00
11 34
16 91
13 36
16 20
16 99
Flooring, 1 x 4 , "B" and better
dol. per M ft.b.m. _
22.42
37.00
32.62
33.79
24.59
30.81
Production ^
M ft.b.m
132, 056 137 428 175 030 196 070 188 460 136 980
ShiDinents 1
M ft.b.m.. 106. 988 149. 962 197. 860 184.879 184. 431 141. 904
0
Revised.
* New series. For earlier data, see p. 20 of the November 1932 issue, lumber exports.
§ Data revised for 1932, see pp. 44 and 45 of the June 1933 issue.
T1 Data for June, August, and November 1933 and March 1934 are for 5 weeks; other months, 4 weeks
Data not computed for May 1933.
f Preliminary.
132, 056
119. 522
1] 1,017
1( >. 093
119,970
109, 226
81. 472
144, 143
132, 056
111.912
150, 857
131, 161
152, 648
136, 980
46
SUEVEY OF CURRENT BUSINESS
1934
Monthly statistics through December 1931,
together with explanatory footnotes and references to the sources of the data, may be found
in the 1932 Annual Supplement to the Survey
May
1933
May
June
LUMBER
LUMBER— Continued
Softwoods — Continued
Hemlock, northern:
Production
_ M ft.b.m
Shipments
M ft b m
Pine, northern:
Orders new
M ft b m
Production
M ft.b m
Shipments
- M ft.b.m
Pine, southern:
Exports:
Lumber §
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
dol. per M ft.b.m..
Production
M ft.b.m
Shipments
M ft.b.m .
Redwood, California: t
Orders:
New
.
M ft.b.m__
Unfilled
M ft.b.m
Production
M ft b m
Shipments
M ft.b.m..
FURNITURE
Household:
All districts:
Plant operations *
percent of normal
Grand Rapids district:
Orders:
Canceled
percent of new orders ..
New
no. of days' production
Unfilled, end of month
no. of days' production. _
Outstanding accounts, end of month
no. of days' sales. _
Plant operations f
percent of normal -_
Shipments
__no. of days' production-Southeastern district:
Orders, unfilled, end of month
dol., average per firm..
Shipments
dol , average per firm
Prices, wholesale:
Beds
1926=100.Dining-room chairs, set of 6
1926=100.Kitchen cabinets
- 1926 = 100. .
Living-room davenports
1926 = 100. _
Steel furniture. (See Iron and Steel Section.)
July 1934
July
August
1934
Decem- January Februfeerm- October November
ary
ber
S(
March
April
AND MANUFACTURES—Continued
5, 658
8,734
2,354
11 440
4, 161
14 447
2,770
14 646
2,731
13 526
2,355
9 690
2,350
17 775
2,991
14 856
4,053
6 987
3,631
6 464
6,312
6 297
6,474
7 699
6,588
7 631
6,970
8,933
6,000
13 Oil
7 035
11,984
14 548
14 942
15 069
13 599
15 335
14, 733
9 323
16 270
12 829
11 842
16* 139
12 925
10 253
8 664
12 770
7 095
1*377
8 196
6 997
1 029
6 456
5 224
1 578
6, 192
6 905
2 357
5 535
6 272
4 928
7,612
5 924
4 356
6,384
23, 113
8,885
24 979
7,582
21 188
4,560
29 532
9,015
23 843
8,353
24 686
5,915
21 677
5,632
19 038
5,229
21 156
7,431
20 415
4,516
22 655
7,652
26 549
6,491
27 735
3,725
121, 028
82, 514
37.86
117, 665
122, 202
179, 843
92, 049
18.56
115, 783
154, 498
158 833
88, 255
22.70
120 613
159, 210
120 352
81 031
28 57
125 935
131, 646
117 535
70 745
31.85
132 539
128 700
98 426
59 976
35 30
113 504
107 226
91 298
55 073
37 93
103 751
90 329
90 617
54 637
38 14
103 108
95 057
73 167
53 068
38.41
95 983
81, 272
102 720
76, 074
38 11
106 019
88, 198
108 336
90 425
38.21
112 141
99 193
133, 794
87, 681
38.16
124, 469
117,391
110 348
97, 498
38.28
116 615
108, 320
29, 834
30, 117
7 490
18, 249
37, 572
39 309
7 013
27, 838
30, 646
37 706
9 497
3li 843
24, 017
30 511
15 390
30,' 818
22, 340
27 711
17 963
24,' 758
23 306
26 325
22 154
24, 481
39, 581
39 810
16 475
25, 733
15, 228
33 872
16 733
21, 674
13, 935
26 853
19 939
20, 349
20, 278
27 698
22 901
18, 943
26, 083
32, 222
?5 184
21, 755
19, 217
30, 693
24 482
20, 644
37 0
42 0
52 0
46 0
55 0
59 0
42 0
34 0
31 0
30 0
30 0
30 0
8.0
8
3.5
11
30
15
30
13
50
12
14 0
8
16 0
7
12.0
5
4 0
10
8 0
6
7.0
8
9.5
5
7
7
11
17
18
18
12
9
6
10
9
9
6
16
27.0
6
18
24.0
6
18
25.0
6
21
34.0
10
25
30.0
13
26
42.0
13
25
42.0
13
23
36.0
9
20
33.0
7
18
29.0
6
18
28.5
7
18
29.0
8
18
27.0
7
38, 608
42, 895
51, 109
44 313
96, 953
58 191
79, 831
95 772
93, 899
82 284
36 943
76 705
14 147
41 660
11, 894
19 698
37, 518
37 943
34, 123
51 145
27, 627
58, 196
62.1
89.5
74.1
73.6
63.6
89.5
74. 1
76.7
66.1
89.5
74. 1
76.7
73.2
91.0
85 6
76.7
76. 1
91.0
87 5
76.7
76 1
91.0
87 5
81.7
76 1
91.0
87 5
79.4
76.1
91.0
87.5
79.4
76.1
90.1
87 5
79.4
76.1
90.1
87 5
79.4
76.1
90.1
87. 5
79.4
30.0
8.0
7
73.2
90.1
87.5
79.4
METALS
AND
74.9
90.1
87.5
79.4
MANUFACTURES
IRON AND STEEL
Foreign trade, iron and steel:
Exports §
- long tons_. 241, 753 "122, 952 « 102, 550 88,311 119, 374 «108, 799 164, 755 157, 600 "184, 579 178, 023 151, 184 261, 269 201, 539
29 465 °26 374
34 368 52 805 46 839 55 706 46 673 28 979
26 862
31,310 22 653 25 407 38 393
Imports *#
long tons
Price, iron and steel composite
dol. per long ton. . 34.77
28.73
32.42
32.42
32.42
28.45
30.04
29.81
31.30
31.59
31.59
32.40
34.18
Sales, iron, steel, and heavy hardware
95
91
88
99
100
93
78
January 1921 = 100. _
114
80
96
105
107
105
Ore
Iron ore:
Consumption by furnaces
1,598
thous. of long tons.. 2,958
1,894
2,102
1,656
1,728
2,612
2,190
2,470
1,898
1,460
1,266
2,626
21
39
86
89
64
128
136
151
107
Imports#
thous. of long tons
202
81
159
79
Receipts:
Lake Erie ports and furnaces
thous. of long tons.1,468
887
2,483
3,421
918
20
0
0
4,205
0
448
3,930
0
0
683
343
359
0
0
0
0
1,132
1,200
1,120
Other ports
. -thous. of long tons..
353
515
6
0
2,631
Shipments from mines. -thous. of long tons_.
1,281
3,431
5,504
785
5,101
0
0
4,543
0
901
Stocks, total, end of month
thous. of long tons.. 25, 598 28, 314 27, 479 27, 772 30, 156 33, 449 36, 345 36, 200 34, 673 32, 973 31, 216 29, 041
26, 581
At furnaces
thous. of long tons . 21, 218 23, 407 22, 690 22, 980 25, 260 28, 415 31, 044 30, 794 29, 346 27, 727 26, 040 24 060
22, 010
5,327
4,792
4,789
5,034
5,301
5,406
5,246
4,571
5,176
Lake Erie docks
thous. of long tons.. 4,380
4,907
4,896
4,981
Manganese ore, imports (manganese content) ^
2
thous. of long tons..
4
3
23
5
7
2
6
4
49
19
20
8
Iron, Crude, and Semimanufactured
Castings, malleable:*
26, 305 32, 501 36, 594 42, 961
19, 933 20, 830
38, 453
Orders, new
_
short tons__ 32, 639 24, 671 31, 997 28, 458 28, 323 22, 744
21, 870 30, 417 33, 939 43 438
37, 165 24,628 31, 118 30, 865 31,811 27, 078 24, 381 21, 944
40, 742
Production
short tons
35.8
40.1
35.8
36.3
31.6
28.4
25.0
25.6
47.9
49.9
42.7
29.0
36.6
Percent of capacity.
.39, 493 23, 077 29, 268 29, 155 30, 195 25, 402 20, 422
22, 310 26, 642 31,412 41 530
19, 676
39 817
Shipments
short tons
Pig iron:
Furnaces in blast, end of month:
63, 270
Capacity
long tons per day-- 66, 850 33, 160 51, 675 61, 435 56, 070 48, 215 39, 755 34, 410 35, 505 41, 085 46, 260 53, 720
110
89
87
89
Number
116
63
106
98
79
76
75
90
96
Prices, wholesale:
17.25
17.00
17.00
17.00
17.00
17.00
17.00
Basic (valley furnace)-. -dol. per long ton._
18.00
14.20
15. 00
15.50
16.20
17.00
17.94
17.94
17.94
16.02
17.84
18.36
17.87
17. 94
Composite pig iron
dol. per long ton__ 18.94
15.47
16.70
17.84
17.16
Foundry, no. 2, northern (Pitts.)
19.64
19.39
19. 39
19.39
19. 39
20.39
16.59
19.39
19.39
19.39
dol. per long ton._
17.39
17.89
18.59
1,182
1,215
1,727
1,264
1,620
887
1.265
1.792
1,522
1.085
Production
thous. of long tons.. 2.043
1.833
1. 356
* New series. Earlier data on furniture activity, all districts, not published. For imports of iron and steel see p. 20 of the November 1932 issue, for castings, p. 20
of the April 1933 issue.
§ Data revised for 1932. For revisions see pp. 44 and 45, lumber and p. 45, iron and steel, of the June 1933 issue.
t Revised. Earlier data not published.
j Beginning with January 1934 the report includes all known operators. Prior to this time approximately 89 percent of the listed capacity was included.
11mports from Cuba not included.
#0 See footnote on p. 35 of this issue.
Revised.
July 1934
Monthly statistics through December 1931,
together with explanatory footnotes and references to the sources of the data, may be found
in the 1932 Annual Supplement to the Survey
47
SURVEY OF CURRENT BUSINESS
1934
May
1934
1933
May
Ju ne
July
August
S
ter October Noveem- D^m- January
F
U
^5
T "
ary
March
April
METALS AND MANUFACTURES— Continued
IRON AND STEEL-Continued
Iron, Manufactured Products
Cast-iron boilers and radiators:
Boilers, gas-fired:
70, 265 44, 308 43, 857 52, 737 84, 667 69, 680 24, 813 18, 268
Production
__thous. of B.t.u..
88, 444 66, 757 70, 787 61, 446 95, 765 93, 860 47, 843 37,609
Shipments, quantity
thous. of B.t.u_.
53, 934 49, 170 58, 252 56, 558 90, 566 90, 742 46, 783 34, 155
Shipments, value
dollars-549, 059 518, 384 495, 150 486, 438 473, 506 449, 326 426, 297 406, 956
Stocks, end of month
thous. of B.t.u._
Boilers, range: t
Orders:
35, 683 99, 648 62, 199 50, 300 72, 351 37, 800 34, 273 29, 174 30, 509 45, 788
New
number of boilers
Unfilled, end of month, total
7,612
6,905 13, 307 20, 555
number of boilers __ 11,338 36, 799 25, 793 25, 699 35, 360 17, 744
Delivery, 30 days or less
5,726
5,407
number of boilers .. 8,688 35, 160 22, 708 22, 245 32, 229 16, 054
6,275 16, 454
Delivery, more than 30 days
3,454
1,886
1,690
1,639
3,085
3,131
7,032
1,498
number of boilers .. 2,650
4,101
Production
number of boilers. _ 41, 021 70, 725 72, 570 54, 427 64, 887 56, 151 46, 366 28, 589 22, 205 43, 466
Shipments
number of boilers.. 41, 358 72, 012 73, 205 50, 394 62, 690 55, 416 44, 405 29, 881 27, 125 38, 540
Stocks, end of month. .number of boilers _. 34, 128 32, 270 31, 635 35, 668 37, 865 38, 600 40, 561 39, 269 33, 897 38, 823
Boilers, round:
5,820
4,168
5,076
3,870
3,242
5,408
4,531
3,414
4,890
Production
thous. of Ib.. 4,133
3,954
9,374
6,137
4,159
4,357
5,500
2,403
3,156
2,823
2,659
Shipments
thous. of lb._
Stocks, end of month
thous. of lb_. 43, 585 26, 063 26, 124 28, 335 29, 394 28,548 25, 329 24, 636 35,005 35, 685
Boilers, square:
9,980
9,048
Production
thous. of lb._ 15, 014 12, 140 13, 539 14, 848 15, 240 15, 248 11, 336 10, 622
6,412
10, 828 12, 124 14, 685 20, 509 24, 841
14, 622
8,300
9,064
Shipments
thous. of lb.
8,332
Stocks, end of month..
thous. of lb._ 118,411 111, 099 116,938 122, 118 121, 451 117,419 104, 835 100, 784 89, 667 96, 896
Boiler fittings, cast iron:
4,417
4,430
4,991
6,025
4,908
4,706
4,698
3,344
Production
..short tons..
2,919
6,072
6,362
5,640
4,575
4,965
5,464
3,592
4,467
4,191
Shipments
short tons..
Boiler fittings, malleable:
4,107
2,839
2,184
2,570
4,436
3,147
3,607
1,581
Production
short tons..
2,140
2,206
3,414
4,499
1,680
3,876
2,667
2 827
1,627
Shipments
short tons..
3,765
Radiators:
3,368
3,273
4,326
2,266
3,969
5,355
2,989
1,655
Production- -thous. of sq. ft. heating surface-3,754
4,138
2,484
6,076
3,727
4,354
5,173
4,794
2,870
Shipments. -thous. of sq. ft. heating surface. . 2,630
3,346
2,133
Stocks, end of month
thous. of sq. ft. heating surface. . 32, 775 33, 512 35, 626 35, 346 36,317 35, 614 32, 926 31, 249 30, 029 30, 295
Radiators, convection type: *
New orders:
Heating elements only, without cabinets or
137
45
126
55
68
grilles. -thous. of sq. ft. heating surface t—
64
123
95
95
68
Heating elements, including cabinets and
172
60
95
173
163
160
96
grilles. -thous. of sq. ft. heating surface t—
160
173
241
Sanitary Ware
Bathroom accessories: f
Production
number of pieces _ _ 233, 176 186, 896 176, 775 235, 443 263, 940 227, 363 348, 414 191, 441 94, 141 169, 894
Shipments
number of pieces 219 629 191 857 183, 550 229, 858 276, 601 231, 814 357, 964 182, 852 88, 297 174, 069
Stocks, end of month
number of pieces.. 383, 646 382^ 858 379, 683 384, 068 371, 407 366, 956 357, 406 365, 995 361, 424 357, 249
Plumbing brass. (See Nonferrous metals.)
Plumbing and heating equipment, wholesale
price (8 pieces)*
dollars .- 216. 88 183 93 197. 50 203. 56 205. 78 215. 02 214. 96 209.82 204. 10 204. 17
Porcelain enameled flatware:
Orders new, total
dollars 899, 506 493 892 653, 402 692, 240 672, 671 638, 236 609, 456 668, 426 346, 459 391, 358
Signs
- _
dollars. . 343, 340 217 813 210, 228 236, 173 236, 017 233, 255 264, 384 446, 101 173, 676 165, 402
Table tops..
_
dollars-- 112, 965 91,861 191, 979 176, 416 218, 010 166, 039 82, 274 44, 194 42, 609 62, 019
Shipments, total
_
dollars. . 842, 156 504, 576 556, 300 643, 164 698, 452 620, 876 618, 572 536, 450 439, 693 472, 676
Signs
_
dollars. _ 302, 888 216, 901 209, 375 194, 766 239, 526 203, 417 251, 120 219, 762 257, 021 238, 110
Table tops
- -dollars. . 110,862 106 946 116, 676 183, 603 244, 588 182, 013 97, 210 50, 208 48, 538 62, 900
Porcelain plumbing fixtures:
Orders:
1,822
2,242
1,818
New, net
number of pieces ._
5,452
5,831
3,245
1,598
3 041
4,240
3,246
8,722
9,264
Unfilled, end of month .number of pieces. . 5, 277
7,214
6,201
8,947
4,362
4,537
3,430
5,481
2,354
1,909
Shipments
number of pieces _
3,552
1,562
3,135
2,548
2,933
2 381
3,211
2,197
9,162
9,402 10, 076 10, 071
Stocks, end of month
.number of pieces. . 10, 422 11 345 11, 184 10, 635
9,509
9,716
Vitreous-china plumbing fixtures:
Orders:
New, net
number of pieces 116 523 296 264 207, 230 133, 608 180, 379 103, 475 46, 981 31, 370 35,067 56, 577
Unfilled, end of month. number of pieces. . 87, 095 307, 118 319, 503 241, 362 231, 818 173, 019 120, 597 87, 768 80, 173 81, 334
Shipments
number of pieces _ 109, 878 187 933 194, 845 211, 749 189, 923 162, 274 99, 403 64, 199 42, 662 55, 416
Stocks, end of month
number of pieces.. 693, 986 340, 218 315, 371 311, 183 325, 530 348, 233 414, 906 477, 474 579, 227 643, 054
Steel: Crude and Semimanufactured
Bars, steel, cold finished, shipments. short tons.. 30, 809 23, 132 32, 774 36, 538 46, 312 35, 468 27, 877 21, 792 42, 036 19,409
Castings, steel:
Orders, new, total
short tons .
20, 782
32, 026 29, 505 28, 962 22, 740 23, 608 23, 444 23, 378
Railroad specialties
short tons..
3,642
6,518
3,974
4,775
6,' 828
7,' 562
7^976
6^ 240
20
20
Percent of capacity
22
16
16
16
14
16
Production, total
short tons
27,300 29, 240 31, 157 25, 558 25, 459 22, 615 21, 609
19, 072
4,912
Railroad specialties
short tons
6,304
5,978
4,433
3 470
4,167
5,025
6,767
Percent of capacity
_ __
15
15
21
17
13
19
20
17
Ingots, steel: §
2,112
1,541
1,820
1,997
Production
. _
thous. of long tons
2,598
3 397
2 002
3,204
2,901
2,313
34
Percent of capacity
33
46
37
27
58
34
59
41
49
Prices, wholesale:
.0231
Composite, finished steel
__dol. per lb._
.0231
.0253
.0209
.0226
.0226
.0217
.0220
.0208
.0217
Steel billets, bessemer (Pittsburgh)
26.00
dol. per long ton.. 29.00
26.00
26.00
26.00
26.00
26.00
26.00
26.00
26.00
Structural-steel beams (Pittsburgh)
.0170
dol. per Ib..
.0170
.0160
.0170
.0170
.0185
.0160
.0160
.0160
.0161
8.94
10.50
Steel scrap (Chicago) dol. per gross ton—
8.56
10.95
8.91
9.84
9.33
8.45
10.41
10.45
U.S. Steel Corporation:
Earnings, net
thous. of dol
4,882
5,537
11,817
Shipments, finished products * long tons.. 745, 054 455, 302 603, 937 701, 322 668, 155 575, 161 572, 897 430, 358 600, 639 331, 777
* New series. For earlier data, see p. 20 of the January 1933 issue price series and for United States Steel Corporation shipments, see p.
Earlier figures on convection-type radiators not published,
t In equivalent direct radiation.
t Revised series. For earlier data, on bathroom accessories see p. 20 of the October 1933 issue. Earlier data on range boilers are on p. 20.
§ Series revised for 1932. For revisions, see p. 46 of the July 1933 issue.
88, 274
39, 974
21, 725
14, 368
39, 326
fc*
17, 013
19, 002
12, 044
13, 101
2,723
80, 668
87, 104
32, 387
2,324
49, 100
46, 301
35, 186
3,912
35, 960
36, 681
34, 465
4,246
3,081
40, 012
4,913
2,827
40, 558
3,982
2,544
42, 012
11, 428
8,710
104, 263
15, 255
8,241
108, 077
11,965
8,287
111,800
4.237
3 572
4, 178
3,184
3,667
3, 564
2,610
2,390
2, 730
2, 094
2,450
2,175
2,409
2,307
2,923
2,182
2,663
2,682
30, 593
31,365
31, 389
45
77
30
76
97
135
147, 407 167, 684
136, 027 161, 893
368, 629 374, 420
108, 593
106, 716
376, 297
204. 74
203. 50
217. 40
521, 796
155, 005
106, 895
530, 096
204, 817
99, 155
731,321
197, 691
105, 844
715, 665
231, 974
114, 041
817,818
286, 555
119, 387
722, 258
215, 673
117, 335
1,508
8,320
1,779
9,575
1,455
6,888
2, 594
8,951
1,787
6,276
2,074
9,140
79, 106 60, 045
89, 878 75, 198
70, 688 74, 725
660, 658 683, 797
93, 688
80, 450
88, 436
700, 419
25, 989
27, 838
28, 885
2,212
43
2,797
48
2,936
54
.0240
.0231
.0231
26.00
26.00
26.75
.0170
11.00
.0170
12.13
.0170
11.75
6,579
385, 500 588, 209 643, 009
18 of the January 1934 issue.
SURVEY OF CURRENT BUSINESS
48
Monthly statistics through December 1931,
together with explanatory footnotes and references to the sources of the data, may be found
in the 1932 Annual Supplement to the Survey
1934
May
July 1934
1934
1933
May
June
July
October NovemAugust September
|
D
beerm" ^nuary
February
March
April
METALS AND MANUFACTURES—Continued
IRON AND STEEL— Continued
Steel: Manufactured Products
Barrels, steel:
Orders, unfilled, end of month
number-- 865, 012
Production
___
.number-- 431, 567
Percent of capacity
34 3
Shipments
number-- 426 175
Stocks, end of month
number. . 35, 633
Boilers, steel, new orders:
Area
thous of sq ft
277
Quantity
...number of boilers-..
304
Furniture, steel:
Business group:
Orders:
New
thous of dol
1 039
Unfilled, end of month
thous. of doL.
975
Shipments
thous. of dol..
1,011
Shelving:
Orders:
New
thous. of doL.
343
Unfilled, end of month
thous. of doL.
301
Shipments.
.thous. of dol..
288
Safes:
Orders:
New..
.
. thous. of doL.
159
Unfilled, end of month
thous. of dol__
160
Shipments
thous. of dol._
161
Lock washers, shipments
thous. of dol..
238
Plate, fabricated steel, new orders, total
short tons.. 21, 699
Oil storage tanks
..short tons.. 8,746
Sheets, black, blue, galvanized, and full finished:
Orders:
New
short tons 246 315
Unfilled, end of month
short tons
257 845
Production, total
short tons
256 537
Percent of capacity
79 0
Shipments
short tons.. 240, 730
Stocks, end of month, total
short tons
137 510
Unsold stocks
short tons.. 48, 714
Tin and terne plate:*
Production
_
thous. of long tons
166
Track work, production short tons_.
5,764
614, 214
465, 418
33.9
467, 695
21, 773
641, 441
572, 851
42.0
568, 437
26, 187
647, 924
555, 404
41.0
552, 923
28, 668
534, 549
480, 670
35.5
470, 632
38, 706
539, 846
519, 191
38.3
524, 719
33, 178
492, 072
798, 981
58.9
789, 474
42, 685
333, 443
577, 017
42.6
582, 299
37, 403
597, 453
556, 586
41.9
556, 627
37, 151
527, 377
662, 293
48.8
660, 688
38, 479
500, 355
521, 950
38.6
520, 987
39, 442
726, 569
620, 439
46 0
628, 485
31, 396
820, 884
589, 182
43 6
590 337
30 241
396
550
611
994
428
427
287
236
227
511
498
511
447
395
296
309
328
328
249
212
376
441
544
406
512
686
456
636
607
541
523
837
684
693
869
819
734
800
794
825
865
764
800
964
719
1,040
1 059
781
997
«174
°176
"168
178
182
166
180
206
156
194
222
179
142
200
164
185
239
146
191
234
196
288
231
200
100
190
89
114
118
203
105
168
129
213
119
156
120
225
107
152
93
192
126
122
98
158
132
118
136
147
147
118
16, 243
37, 020
20 894
20, 391
6,013
16, 320
2 581
16, 166
1,033
17, 964
1,434
14, 466
2,858
144 192
136 592
139 696
43 1
119 159
98 991
51, 295
246 737
229 436
1
66 272
51 2
152 953
104 355
50, 067
174 191
228 696
188 143
58 0
174, 145
104 815
42, 095
158 830
212' 879
203 893
62 8
174 480
115 876
51, 293
145 320
194 223
180 304
55 5
163, 634
115 183
53, 617
79 141
102 262
146, 106
45.0
174, 829
105 331
52, 353
88 354
94 270
102 585
31.6
99, 499
105 950
55, 495
145
1 768
194
2 471
188
2 982
200
3 425
3,845
195
188
3,006
3,734
186
3,087
294
380
1 023
910
894
1 020
975
956
972
1,013
934
260
276
215
274
272
279
398
272
395
321
246
346
125
151
113
170
131
156
126
190
143
174
126
174
158
166
166
231
154
157
164
246
13, 692
2, 160
15, 897
14, 6,41
38, 924
2,202
20, 085
2 998
110 263
92 831
113 111
34 9
909 463
166 182
163 622
50 4
130, 878
106 310
54, 922
194 830
60 0
146, 905
117 230
63, 600
158 244
159 672
220 282
67 8
200, 701
114 934
57, 722
272 412
251 123
214 522
66 0
184 042
135 796
53, 683
101
3,310
4,446
111,867
101 220
51, 622
175
2,759
3,754
85
2,811
2,476
184 355
206* 292
164
a 160
6 132
M ACHINERY AND APPARATUS
Air-conditioning equipment:
Orders, new, total
thous. of dol..
747
629
631
873
794
830
760
1, 153
580
802
881
1 097
913
Air-washer group
thous. of doL.
66
52
144
94
64
57
50
198
300
106
82
261
111
Fan group
. thous. of dol
340
282
491
307
353
490
437
373
363
533
308
491
431
Unit-heater group
thous. of dol..
341
265
297
329
363
287
346
303
213
393
167
200
399
Electric overhead cranes:
Orders:
New
-thous. of do!..
94
52
38
319
77
120
33
159
43
89
123
43
81
Unfilled, end of month
thous. of dol..
234
260
216
479
303
279
522
349
195
518
228
265
319
Shipments
thous. of dol_.
54
54
93
75
70
88
151
80
99
33
44
75
66
Electrical equipment. .(See Nonferrous metals.)
Exports, machinery. (See Foreign Trade.)
Foundry equipment:
Orders:
New
1922-24=100..
37.2
36.6
65.8
75.4
43.8
66.5
34.9
42.6
67.9
25.6
48.8
45.5
56.3
Unfilled, end of month
1922-24 = 100..
29.6
56.3
35.2
33.8
52.1
32.0
51.5
63.0
35.8
31.7
16.8
24.8
35.3
Shipments
1922-24=100..
38.3
42.1
38.2
33.4
42.9
75.6
62.6
55.5
38 3
41.5
37.4
24.5
49.7
Fuel equipment:
Oil burners: *
Orders:
5,871
3,234
2,941
7,479
New.. ,no. of burners
12, 242
8 003
15 245
3,067
5,015
4 961
6 927
9 971
13 518
Unfilled, end of month. _no. of burners. . 2,618
2,113
1,604
1,652
4,574
2,594
1,640
1,476
2,486
1,183
2^326
3,519
4,950
6,352
6,645
Shipments
no. of burners
4 682
3,259
2,813
14, 222
3,439
4,967
15 621
7 871
8 778
12 087
5 784
Stocks, end of month
no. of burners.. 14, 988
13, 797
13, 999
13, 684
14, 882
14, 609
13, 627
12, 696
9, 642
12, 238
8,946
10, 338
11,014
Pulverized fuel equipment:
Orders, new, storage system:
0
1
0
Furnaces and kilns. ..no. of pulverizers. .
0
0
0
0
0
2
0
0
0
0
2
Water-tube boilers. _ .no. of pulverizers ..
0
0
0
0
0
0
0
0
0
0
0
4
Orders, new, unit system:
2
1
0
Fire-tube boilers
no. of pulverizers ._
2
3
0
0
4
0
0
3
I
1
1
0
Furnaces and kilns.. _no. of pulverizers..
1
1
1
0
5
2
3
2
Water-tube boilers no. of pulverizers..
15
8
4
6
5
12
11
11
23
7
0
3
9
Stokers, mechanical, new orders:
357
Class 1, residential*
number
2 102
1,048
715
1 896
490
668
1 199
Class 2, apartment and small commercial*
150
115
number
208
19
188
18
83
98
Class 3, general commercial and small com90
mercial heaters*
number
101
42
209
142
49
81
136
Class 4, large commercial:*
Number
162
113
168
176
93
187
213
170
Horsepower
29, 891
17, 967
23 212
32 723
29 042
25, 464
41 249
40 644
Machine tools:
Orders:
New*
1926 = 100..
45.9
60.0
50.9
46.5
45.9
37.2
53.7
48.1
30.9
15.3
22.1
29.9
31.8
178
205
Unfilled, end of month
1922-24-100
116
207
105
40
86
33
74
59
69
Shipments
1922-24=100-.
52
63
63
97
31
36
39
43
0
Revised.
*New series. For earlier data see p. 20 of the December 1932 issue, tin and terne plate, p. 19 of the January 1933 issue, stokers, p. 20 this issue for new orders
machine tools (including forging equipment). Current oil-burner series available only back to January 1933 are based on reports from 149 concerns: see p. 48 of the
May 1934 issue for January, February, and March 1934 data.
I
49
SUEVEY OF CURRENT BUSINESS
July 1934
1934
Monthly statistics through December 1931,
together with explanatory footnotes and references to the sources of the data, may be found
in the 1932 Annual Supplement to the Survey
May
1933
May
June
July
1934
Decem- January FebruAugust SeptemOctober November
ber
ber
ary
March
April
METALS AND MANUFACTURES—Continued
MACHINERY AND APPARATUS-Con.
Pumps:
Domestic, water, shipments:
Pitcher, hand, and windmill
units.. 29, 848
Power, horizontal type ..
units..
777
Measuring and dispensing, shipments:
Gasoline:
Hand operated
units..
692
Power
.
units
3,327
Oil, grease, and other:
Hand operated
..
units
6,960
Power
.
- units
608
Steam, power, and centrifugal:
Orders:
New... .
.. _ thous. of dol .
665
Unfilled, end of month
thous. of dol
Shipments
thous. of dol
Water-softening apparatus, shipments, .units ..
Water systems, shipments
units
Woodworking machinery:
Orders:
Canceled
_ . thous. of dol
New.
.thous. of doL.
Unfilled, end of month
thous. of dol._ -------Shipments:
Quantity
machines..
Value
-- thous. of dol
30, 755
497
39, 291
578
44, 036
524
42, 713
509
34, 051
396
24, 468
505
20, 178
427
17, 539
395
21, 242
317
32, 734
450
30, 620
639
26, 887
553
2,450
6,089
2,038
6,940
1,464
6,733
1,190
5, 197
851
3,683
379
1,751
274
1,103
262
1,356
488
1,262
659
1,890
834
1,894
"685
«2,745
32, 849
497
25, 024
501
20, 702
646
15, 621
774
10, 588
1,005
7,889
916
6,517
683
3,003
342
4, 468
411
5,323
621
5,119
404
°6,678
613
511
1,126
474
215
5,605
736
1,261
597
232
6,358
732
1,475
517
197
7,560
786
1,616
642
232
7,563
771
1,775
609
638
1,798
608
227
4,378
607
1,714
687
200
3,045
545
1,526
704
196
2,631
663
469
727
654
3
272
290
8
389
341
5
370
369
1
333
346
6
309
306
8
240
262
26
214
256
8
209
215
9
279
277
8
286
303
6
292
250
256
263
149
191
275
318
228
322
219
337
238
337
202
273
131
192
143
243
136
213
199
244
199
342
143
247
16, 685
18, 345
12, 944
12, 732
8,304
16, 262
21, 636
13, 633
7,958
14, 365
13, 936
13, 534
10, 576
.2095
.1106
.2290
.0548
.2290
.0675
.2290
.0663
.2290
.0738
.2290
.0738
.2290
. 0738
.2290
.0738
.2290
.0788
.2290
.0836
.2095
.0981
.2095
.1025
.2095
.1069
2,426
536
1,890
2, 111
325
1,786
2,328
450
1,878
2, 485
544
1,941
2,754
694
2,060
2,419
615
1,804
2,091
536
1,555
1,964
357
1,606
1, 459
416
1,043
2,256
417
1,839
2,147
431
1,716
2,474
498
1,976
2,528
564
1,964
22, 306
15, 247
15,011
.0828
10, 976
11, 120
9,889
,0670
12, 575
12, 305
10, 445
.0777
12, 592
14, 644
14, 642
.0864
12, 955
14, 335
14, 319
.0877
12,127
17, 403
17,343
.0875
10, 733
8,164
8,164
.0795
13, 108
15, 338
15, 334
.0788
16, 187
18, 290
18, 287
.0789
14, 459
16, 092
15, 700
.0789
19, 395
5,785
5,533
.0778
24, 210
25, 382
24, 729
.0778
24, 925
13, 724
13, 418
.0817
3,390
17, 673
2,772
17, 502
3,807
17, 877
2,908
21, 958
4,093
26,369
5,333
29, 847
3,495
28, 941
2,224
27, 471
1, 590
25, 592
1,524
22, 137
1,404
24, 375
3,597
24,005
2,933
1,537
.0414
34, 741
29, 485
233, 342
20
.0365
19, 405
28, 197
197, 109
518
.0417
21, 783
34, 825
193, 005
58
.0445
18, 526
45, 177
171, 275
674
.0450
18, 611
36, 054
160, 211
65
.0450
28,021
29,129
166,201
645
.0431
35, 399
33, 314
174, 721
0
826
1,732
1,928
933
.0400
.0400
.0414
.0400
.0429
38, 459 36, 649 34, 818 31, 882 31, 379
25, 778 30, 365
30, 719 26, 034 33,911
187, 814 203, 061 207, 674 216,224 221, 465
955
.0418
28, 723
30, 673
222, 892
4,410
3,932
.5352
2,260
4,835
5,725
.3591
2,920
6,540
8,449
.4638
3,110
8,020
9,177
.4474
3,030
5,105
5,885
.4665
2,920
6, 035
6,895
.4792
2,880
3,350
3,335
.5307
2,710
3,130
4,425
.5287
1,320
3, 310
0
.5188
1,570
2,940
1,944
.5162
2,540
3,835
3,569
.5374
2,480
4,405
3,307
,5560
17, 371
5,089
41, 883
3,036
39, 964
3,474
38, 043
4, 549
33, 534
5,788
30,162
6,003
27, 940
6,664
26, 075
6,769
23, 812
7,504
22, 476
8,209
21,694
7,014
20, 423
6,459
17, 704
5,649
25, 300
17, 922
13, 869
18, 108
20, 456
15, 232
22, 111
14, 621
26, 605
10, 496
28, 952
14, 064
24, 637
13, 787
19, 083
15,514
28, 255
12, 000
20, 802
19, 428
21,600
14, 778
26, 487
17, 221
25, 689
16, 562
.0435
30, 992
27, 193
35, 635
35, 635
104, 732
.0381
21,516
23, 569
27, 329
27, 329
135, 551
.0435
23, 987
24, 404
36, 647
36, 603
122, 891
.0488
30, 865
25, 836
45, 599
45, 577
108, 157
.0492
33, 510
27, 220
42, 403
42, 381
99, 264
.0470
33, 279
25, 416
34, 279
34, 279
98, 264
.0452
.0475
35, 141 32, 582
26, 820 28, 142
37, 981 26, 783
37, 937 26, 783
95, 424 101, 223
.0427
.0446
32, 022 32, 954
27, 190 28, 744
27, 685 26, 532
27, 663 26, 488
105, 560 111,982
.0438
30, 172
30, 763
32, 361
32, 361
109, 793
.0437
33, 721
26, 952
32, 753
32, 750
110, 761
.0437
30, 562
26, 692
31, 948
31, 948
109, 375
2,194
2,609
Conduit, nonmetallic, shipments thous. of ft
2, 303
Delinquent accounts, electrical trade. (See
Domestic trade.)
1,357
783
1,046
Furnaces, electric, new orders
kilowatts ._
688
Electrical goods, new orders t (quarterly)
79, 856
thous. of dol. .
Laminated phenolic products, shipments
dollars __ 760, 788 560, 582 622, 979 578, 503
Mica, manufactured:
Orders, unfilled, end of month
122
42
148
63
thous. of dol. .
90
118
Shipments
thous. of dol._
147
76
Motors (direct current) :
231, 210 213, 167 219, 601
Billings (shipments)
dollars. .
Orders, new
dollars..
158, 094 265, 054 376, 758
Panelboards and cabinets, shipments
204
165
157
thous. of doL .
* New series. For earlier data, see p. 20 of the December 1932 issue.
• Revised.
t Revised series. For earlier data see p. 19 of the August 1933 issue.
2,803
1,293
1,069
1,252
814
1,606
1,097
1,111
1,488
936
1,452
664
981
829
1,147
1,422
1,462
1,415
248
NONFERROUS METALS AND
PRODUCTS
Metals
Aluminum:
Imports, bauxite #
...
long tons
Wholesale prices:
No. 1, virgin, 98-99, N.Y
dol. per lb._
Scrap, cast, N.Y
dol. perlb..
Babbitt metal:
Production, total.-.
thous. of lb_.
For own use.
-thous. of lb_.
Sales
thous. of Ib
Copper:
Exports, refined §.
short tons..
Imports, total § #._
short tons..
Ore and blister
short tons. .
Price, electrolytic, N.Y
dol. per lb_.
Gold. (See Finance.)
Lead:
Ore:
Receipts in U.S ore
short tons
Shipments, Joplin district
short tons..
Refined:
Imports #
short tons..
Price, pig, desilverized, N.Y. ..dol. per Reproduction
short tons
Shipments, reported
short tons_.
Stocks, end of month
short tons
Silver. (See Finance.)
Tin:
Consumption in manufacture of tin and
terneplate*
longtons
Deliveries
long tons
Imports, bars, blocks, etc. #
long tons
Price, Straits, N . Y _
dol. per Ib .
Stocks, end of month:
World, visible supplv
-long tons .
United States
long tons
Zinc:
Ore, Joplin district:
Shipments .
..
short tons
Stocks, end of month
short tons
Price, slab, prime, western (St. Louis)
dol. per l b _ _
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..
3,020
6,145
6,839
. 4421
Electrical Equipment
92, 134
88, 544
608, 788
585,454
124
130
136
106
289, 101
453, 476
255,170
253,015
561, 984 493, 125
438, 483 601, 395
566, 490 844, 449
112
121
780, 160
78
158
78
111
238, 047 295, 298 414, 804 220, 776 309, 232 274, 937
272, 973 283,037 375, 719 235, 394 215, 558 337, 280
287, 031
245, 784
152
192
148
162 i
191
205
167
§ Data for 1932 revised. For revisions see p. 48 of the June 1933 issue.
# See footnote on p. 35 of this issue.
197
157
111
107
100
124
120
142
99
50
SURVEY OF CURRENT BUSINESS
Monthly statistics through December 1931,
together with explanatory footnotes and references to the sources of the data, may be found
in the 1932 Annual Supplement to the Survey
1934
1934
1933
J
May
July 1934
j
May
June
July
August
P£ - October Novem-pecen, ,„ February
Se
m
March
April
METALS AND MANUFACTURES— Continued
NONFERROUS METALS AND
PRODUCTS— Continued
Electrical Equipment— Continued
Porcelain, electrical, shipments:
Special
.- ._
_
dollars
Standard
dollars
Power cables, shipments
thous. of f t _ _
Power switching equipment, new orders:
Indoor
dollars
Outdoor
..
dollars
Radiators, convection type. (See Iron and
steel.)
Reflectors, industrial, sales
_ .units, _
Vacuum cleaners, shipments:
Floor cleaners
number-Hand cleaners *
number
Vulcanized fiber:
Consumption
thous. of Ib
Shipments
_
thous. of dol
Welding sets, new orders:
Multiple operator
units. .
Single operator
units..
34, 813
21, 181
246
43, 733
45, 781
412
45, 922
30, 498
245
59, 120
47, 342
344
53, 046
37, 186
313
59, 028
25, 118
404
51,736
23, 738
312
42, 433
14, 657
173
30, 426
20, 543
177
28, 568
17,244
180
43, 433
22, 403
390
40, 374
27, 666
321
23, 161
35, 936
23, 506
50, 527
26, 000
65, 354
27, 613
65, 875
27,911
81, 835
28, 619
47, 550
27, 178
38, 321
31, 347
39, 083
32, 289
38, 002
33, 122
43, 075
33, 903
92, 297
35, 475
86, 788
57,641
32, 142
38, 970
46, 453
49, 945
50, 484
59, 451
47, 770
53, 768
49,978
45, 604
48, 456
52, 453
65,213
21,738
41, 661
12, 160
44, 531
11, 742
35, 000
10, 673
43, 916
13, 198
61, 340
18,317
59, 246
15,945
62, 000
13, 856
60, 000
18, 357
45, 006
14, 802
54, 000
11,908
78, 475
23,461
65, 586
18,759
1,912
432
1,357
285
1, 964
404
2, 032
434
1, 948
446
1,963
412
1,876
406
1,798
353
1,591
313
1,741
313
1,464
294
1,908
387
1,767
357
2
94
0
156
2
200
6
143
0
147
0
141
9
176
4
306
4
219
4
252
2
335
332
3,764
13, 678
2,683
13, 465
2,145
14, 447
895, 863
.148
526, 883
.148
347, 988
.139
552, 353
.138
660, 820
.138
799, 592
.138
704, 816
.140
107
316
603
459
489
636
97
325
568
391
351
657
93
249
460
364
339
698
80
368
459
356
312
714
76
307
451
324
311
714
63
691
798
430
384
748
56
314
745
418
378
788
42, 307
22, 169
312
MisceUaneous Products
Brass and bronze (ingots and billets):
4, 973
Deliveries
net tons
5, 601
5, 027
3,804
4,386
Orders, unfilled, end of month
net tons__
14, 664
15, 657
14, 065
16, 712
16, 568
Brass, plumbing:
788,911 1,007,966 1,291,994 1,112,013 1,060,739 844, 606
Shipments * . _
.number of pieces
.143
Brass sheets, wholesale price, mill__dol. per lb._
.122
.133
.140
. 147
.148
Copper, wire cloth:
Orders:
Make and hold-over, end of month
51
thous. of sq. ft..
272
543
510
249
289
279
New
thous of sq. ft
484
362
642
379
49 i
622
Unfilled, end of month
thous. of sq. ft..
648
735
729
657
406
Production
...thous. of sq. ft__
350
444
294
458
400
460
Shipments
thous. of sq. ft..
325
457
477
492
305
466
802
Stocks, end of month
thous. of sq. ft..
814
682
829
738
680
Fire-extinguishing equipment. (See automobiles.)
g
PAPER AND PRINTING
WOOD
Chemical:
™LP
!
Consumption and shipments, total f
short tons
Soda
short tons
Sulphite, total _
short tons 1
Bleached
_ .short tons
Unbleached
short tons
Sulphate
-_.
_ .. .short tons i
Imports t #
short tons.. 125, 486
Price, wholesale, sulphite, unbleached
dol. per lOOlb..
2.10
Production, total f _
short tons
Soda
short tons 1
Sulphite, total
short tons
Bleached
short tons
Unbleached
short tons
Sulphate
short tons
Mechanical (ground wood) : f
Consumption and shipments
short tons
Imports #
short tons
17, 555
Production
.. .
. .short tons _
223, 871
26, 764
97, 924
52, 947
44, 977
99, 183
82, 176
235, 820
31,918
100, 035
57, 383
42, 652
103, 867
137, 208
271, 533
31,428
120, 665
79, 942
40, 723
119,440
178, 577
307, 192
32, 345
134, 884
65, 919
68, 965
139, 963
194, 641
298, 680
31,261
143, 912
74, 397
69, 515
123, 507
192, 338
303, 620
32, 637
147, 783
67, 770
80, 013
123, 200
191, 019
267, 383
28, 081
144, 472
54, 412
90, 060
94, 830
218, 833
!
278,551 I
;
33 897 '
i
'
153, 579
65, 050
j
88, 529
91,075
158, 743 139, 835 144, 133 109, 405
1.53
241, 284
28, 592
115,644
49, 622
66, 022
97, 048
1.55
248, 535
31, 508
111,148
54, 237
56,911
105, 879
1.64
269, 166
30, 365
120, 309
81,077
39, 232
118, 492
1.75
309, 065
33, 039
134, 934
65, 202
69, 732
141, 092
1.79
303, 195
31,834
146, 480
78,395
68, 085
124, 881
1.91
306, 576
33, 000
150, 253
68, 524
81, 729
123, 323
1.95
275, 405
28, 831
149, 809
57, 155
92, 654
96, 765
1.95
275, 700
34, 448
151,434
64, 728
86, 708
89, 818
106, 393
18, 084
113,789
127, 749
18, 684
125, 737
113,215
23,612
105, 316
116, 275
21, 354
103, 540
99, 726
24, 909
92, 083
102, 654
30, 968
103, 274
108, 456
25, 912
108, 024
105, 101
15, 943
107, 465
710, 423
697, 481
882, 575
901, 733
923, 842
941, 341
925, 347
921, 401~
852, 366
854, 959
797, 014
789, 048
785, 374
754, 153
738, 266
733, 585
56
73
52
59
61
70
52
68
53
58
52
63
50
59
51
54
5
2.10
2.10
14, 713
II, 408
2.10
9, 239
14, 243
57
61 j
67
64
63
63
6
5
5
5
6
5
6
5
!
PAPEK
Total paper:
Production |
short tons
Shipments f
short tons
Book paper:
Orders, new:
Coated
percent of normal production..
Uncoated__ percent of normal production-Orders, unfilled:
Coated
number of days' production..
Uncoated
number of days' production. _
Production t
short tons
Percent of capacity
Shipments t
short tons
Newsprint:
Canada:
Exports
short tons.Production
_
.short tons
Shipments from mills..
short tons..
Stocks, at mills, end of month. .short tons..
United States:
Consumption by publishers
short tons..
Imports #
short tons
Price, rolls, contract, destination, N.Y.
bases
dol. per short ton..
Production, total
short tons
Shipments from mills
short tons
Stocks, end of month:
At mills
short tons. _
At publishers
short tons..
In transit to publishers
short tons..
77, 150
2.10
|
59
61
53
60
5
4
5
6
79, 799
55
64, 797
6
10
89, 659
63
87, 687
6
8
92, 060
10
98, 842
7
9
99, 746
6
6
90, 708
90, 534
7
7
85, 419
97, 860
98, 644
1 00, 943
89, 710
88, 271
88, 580
222,071 168, 719
242, 539 «170, 690
236, 969 "164,434
42, 459 o 43, 327
152,152
171,630
171,889
43, 068
167,303
180, 387
181,658
41, 963
165, 880
198, 036
196, 136
41, 826
177, 806
179, 655
183, 994
37, 237
171, 947
188, 827
187, 734
38, 415
162, 293
204, 136
211,520
30, 858
185, 637
175, 304
172, 285
33, 847
187, 821
188, 381
186, 805
34, 711
131,919
174, 447
169, 054
40, 445
239, 443
157, 031
211,819 « 216, 510
207, 906 0 220, 769
42, 973
37, 247
160, 773
157,314
130, 879
142, 700
132, 482
163, 433
127, 837
151,210
134, 306
177, 750
152, 098
175,711
154, 934
176, 766
148, 427
168, 787
140, 955
168, 752
153, 958
124, 584
156, 721
168, 839
40.00
81, 939
84, 970
40.00
79, 618
82, 145
40.00
87, 957
86, 077
40.00
72, 091
74, 139
40.00
82, 052
81, 580
40.00
87, 567
86, 829
40.00
80, 895
82, 031
40.00
84, 897
84, 629
40.00
71, 544
68, 127
40.00
84, 986
88, 078
21, 964
135, 342
24.051
19, 378
157, 118
26. 278
21, 407
171,011
30. 934
19, 152
177, 732
34, 214
18, 991
178, 159
36, 679
19, 676
184, 875
40, 746
18, 566
199, 845
37, 557
17, 784
208, 895
34, 737
22, 060
192, 808
38, 345
18, 630
192, 335
45, 749
204,036
40.00
40.00
89, 726 °0 79, 991
90, 951
77, 671
20, 337
a
34. 477
137,451
24. 290
-
160, 815
196, 490
0
a
40.00
80, 505
83, 196
22, 335
202, 467
43, 432
a
Revised.
* New series. Data on vacuum cleaners, hand type, will be shown in a subsequent issue; data prior to July 1931 not published on brass plumbing fixtures.
t Revised series. For earlier data see pp. 18, 19, and 20 of the November 1933 issue for chemical, mechanical wood pulp, and total paper; p. 49 of the June 1933 issue for
1932 for chemical wood pulp imports; and p. 19 of the December 1933 issue for book paper.
# See footnote on p. 35 of this issue.
July 1934
Monthly statistics through December 1931,
together with explanatory footnotes and references to the sources of the data, may be found
in the 1932 Annual Supplement to the Survey
SUEVEY OF CURRENT BUSINESS
1934 j
May
51
1933
1 May
June
July
August
S
1934
m
Ter ~!
0cto
Decem- January February
ber
H °b er "
N
V
m
March
April
PAPER AND PRINTING— Continued
PAPER— Continued
Paper board: *
Production
Short tons _
Shipments
short tons
Box board: §
Consumption, waste paper
short tons..
Orders:
New
short tons
Unfilled, end of month
short tons
Production.
short tons
Operations, percent of capacity
.
Shipments
short tons..
Stocks, end of month
..short tons..
Stocks of waste paper, end of month:
At mills . _
. short tons
In transit and unshipped purchases
short tons..
Writing (fine) paper: !
Production
..
short tons
Percent of capacity __
Shipments!
short tons _
Wrapping paper:
Production!
short tons
Percent of capacity . _
I
Shipments!
short tons..!
All other grades:
Production!.
.. _ _ _ . _ short tons i
Shipments!
short tons..
PAPER PRODUCTS
Abrasive paper and cloth, shipments:
Domestic
.
reams
Foreign..
_ reams
Paper board shipping boxes:
Operating time, total
percent of normal
Corrugated
percent of normal-.
Solid
fiber
percent of normal
Production, total
thous. of sq. ft..
Corrugated
...thous. of sq. ft-.
Solid
fiber.
thous. of sq. ft..
PRINTING
Blank forms, new orders
thous. of sets..
Book publication, total-._number of editions-.
New books
number of editions
New editions
number of editions
Operations (productive capacity) 1923 = 100-Sales books
Orders, new
thous. of books..
Shipments
thous. of books
58, 121
11, 854
72, 167
11, 650
11,395
322, 108
327, 906
382, 002
390, 788
364, 253
368, 624
368, 464
371, 043
349, 903
349, 553
301, 868
307, 000
292, 741
276, 348
265, 468
264, 672
213, 697
203, 804
204, 640
226, 455
187, 837
161, 595
145,307
121, 703
294, 460
76, 719
287, 032
68.7
221, 612
76, 953
349, 650
144, 307
292, 967
76.2
260, 101
66, 932
268, 546
128, 638
283, 272
79.0
246,994
66, 371
307, 321
118, 298
312, 747
77.3
252, 036
63, 965
238, 771
105, 423
252, 452
70.7
226, 336
65, 110
185, 026
62, 177
228, 416
60.1
191, 989
63, 315
199, 059
55, 080
206, 933
54.1
175, 148
70, 263
169, 116 218, 169 234,318
48, 920 63, 328 75, 143
176, 337 230, 311 223,368
57.3
63.5
47.1
152, 712 187, 557 192,685
64, 965 * 77, 825 » 75, 637
92, 201
81, 531
77, 527
82, 838
105, 471
119, 809
137, 287
150, 645
176, 761
31, 631
25, 737
23, 816
21, 857
20, 245
15, 374
30, 143
20, 577
27, 679
42, 820
63
39, 737
52, 552
79
50, 292
52, 537
83
52, 274
53, 943
78
53, 727
42, 767
76
41, 441
46, 636
70
43, 232
40, 958
61
38, 378
43, 236
65
39, 993
123, 556
83
125,409
149, 524
99
163, 579
152, 334
106
153, 857
160, 982
105
161, 143
140, 334
98
136, 828
129, 658
89
123, 045
109, 742
75
109, 303
99, 259
70
100, 053
62, 068
61, 882
122, 264
119, 696
179, 788
183, 204
153, 973
149, 662
143, 470
147, 918
142, 792
141, 221
160, 313
151, 496
157, 350
151, 528
53, 187
7,675
60, 549
8,984
59, 784
6,945
67, 442
6,739
61, 656
6,699
80, 366
7,823
44, 595
8,972
29, 581
11, 733
41,311
9,450
80
86
60
565, 471
463, 567
101, 904
88
93
72
626, 415
499, 226
127, 189
81
71
90
91
87
97
78
100
64
49
70
65
631, 484 600, 157 566, 267 493, 888
513, 490 481, 396 452, 869 395, 814
117,994 118, 761 113, 398 98, 074
63
70
40
422, 365
335, 551
86, 814
56
63
37
378, 189
303, 101
75, 088
59, 226
530
477
53
67
82, 156
511
416
95
63
72, 099
660
554
106
83
94, 244
572
491
81
64
60, 009
S24
699
125
63
69, 318
754
643
111
71
69, 329
652
545
107
74
60, 083
882
764
118
74
62, 642
470
393
10, 380
9,572
12, 934
11, 162
13, 078
11, 097
13, 384
11,950
10, 958
10, 483
9,697
11,627
9, 341
10, 538
11, 201
9,668
9,430
11,219
170, 763
176,422 "222, 074
191, 545
264, 985
86, 033
254, 819
64.1
221, 114
0
84, 326
230, 754
76, 578
244, 334
66.1
213, 956
82, 355
193,321 "204, 259
213, 308
36, 865
31, 298
28, 443
46, 235
10, 947
56,811
15, 322
57, 097
7,312
60, 789
630
539
91
72, 204
806
877
129
76
70, 209
585
491
94
76
9,733
9,932
12, 135
10, 953
9,782
10, 855
1
77
72
RUBBER AND RUBBER PRODUCTS
CRUDE AND SCRAP RUBBER
Crude:
40, 902
Consumption, total
long tons
39, 571 38, 785 44, 654 43, 660 39, 097 31, 047
27, 758 25, 371 25, 306 35, 159 36, 548 43, 329
26, 813
For tires t .
_ long tons
28, 292
17,173
15, 274
23, 144 28, 304
22, 337
26, 075 24, 751 21, 772
13, 436
13, 376
Imports, total, including latex ! #.long tons_. 49, 901 26, 736
45, 175
46, 034
41,821 40, 751 49, 088 35, 220 42, 253
23, 504
45, 243 45, 413 46, 255
Price, wholesale, smoked sheets, N.Y.
.126
.109
.104
dol. per
lb..
.133
.049
.073
.076
.093
.078
.073
.088
.061
.086
84, 000
Shipments, world
.
Ion*7 tons
85, 000 57, 000 62, 000 74, 000 75, 462 74, 000 84, 000 78, 111 87, 801 82, 000 85, 000 83, 000
Stocks, world, end of month f
long tons.. 660, 094 620, 586 632, 565 619, 752 603, 711 619, 019 628, 127 646, 423 644, 898 643, 355 652, 690 653, 000 « 653, 353
Afloat, total
long tons
112, 401 81, 177 106, 510 96, 794 88, 355 97, 468 101, 530 109, 955 109, 508 92, 210 103, 329 105, 403 * 108, 314
For United States _. _ _
long tons
70, 314
72, 401 54, 177
68, 403
79, 510 71, 794
66, 355 71, 568 73, 210 71, 425 69, 508 57, 210 66, 329
London and Liverpool
long tons . 96, 214
96, 134
98. 609 102,511 99, 906 96, 661 95, 022 89, 766 87, 984 86. 505 90, 320 92, 519 94, 337
British Malaya
long tons.. 96, 971 70, 489 82, 331 88, 199 85, 573 85, 207 81, 758 85, 231 87, 185 88, 215 92, 210 96, 499 « 97, 146
United States!
lonf tons
354, 909 370, 311 341,213 334, 853 333, 122 341,322 352, 782 363, 253 365, 000 372, 610 364, 632 355, 254 « 351, 759
Reclaimed rubber:
Consumption
long tons
7,697
6,423
8, 328
4,404
5,600
7,980
5,750
7,642
5,818
5,337
4,688
7,159
6,990
Production
_. _
long tons
8,934
9,809
10, 185
7,864
8,898
8, 519
8, 966
9,238
10, 790
10, 848
9, 956
11,326
11, 005
Stocks end of month
long tons
18, 508
13, 692
18, 333
19, 454
9,065
8,733
9,924
10, 473
11,713 12, 652
17, 227
16, 770
9,311
Scrap rubber:
Consumption by reclaimers
long tons..
37, 638
33, 486
27, 800
TIRES AND TUBES J
Pneumatic casings:
Production
thousands ._ P 4, 309
3,199
4, 627
2,432
4, 205
4,151
4,880
2,743
2,466
3,804
5,025
3,995
4,571
Shioments, total
thousands
4,305
4,144
2,030
2,825
3,186
p 5, 145
5,044
2,803
1,758
3,126
4,096
4,398
3,766
4,212
Domestic thousands
2.714
3,106
4,077
4,320
1,943
3,966
4. 324
3, 674
1,686
2,726
3,043
P5,028
Stocks, end of month
thousands. .P 10, 784
6,789
11, 301
11,621
5,292
7,110
6,078
10, 403
5,408
7,397
9,394
5,475
5, 656
Solid and cushion tires:
Production
thousands
12
12
16
11
11
9
15
14
15
*19
15
16
15
14
Shipments, total
thousands. .
13
11
13
14
9
15
9
14
15
14
13
11
12
13
Domestic
thousands..
12
13
14
9
14
13
13
8
13
Stocks, end of month ...
thousands ~"V33~
30
28
21
20
24
26
26
28
21
24
28
30
Inner tubes:
Production
__
. thousands
4,593
3,956
5 039
2, 105
* 4, 203
3,760
3,070
2,805
2,290
4,358
4,482
3,933
3,445
4,212
Shipments, total
thousands
3,224
3,995
P 4, 716
1,682
2,728
4,622
2,141
3,571
3,750
2,778
3,103
4,169
Domestic
thousands-- P 4, 627
3,164
4,141
3, 906
2,656
3, 530
2,719
2,079
3, 685
1,636
3,045
4,110
4,575
Stocks, end of month
_
thousands
8,892
10,
267
9,
937
p 9, 725
6,252
5, 105
6,265
5,
152
5,303
5,607
6,900
8,151
4,878
Raw material consumed:
Crude rubber. (See Crude rubber.)
Fabrics
thous. of lb._
19, 371
18, 721 20, 927
16,821 13, 592
11,116
9,986
16, 437
16, 778
19, 553
18, 709
10, 447
0
Revised.
t Revised series. For earlier data see pp. 19 and 20 of the December 1933 issue for writing, wrapping, and other grades of paper; for 1932 revisions, p. 50 of the June 1933
issue for crude rubber imports; and for 1932 revisions, p. 50 of the May 1933 issue for world and United States stocks.
§ Earlier data on box board not available, prior to January 1933.
J Data for 1934 are estimated to represent approximately 97 percent of the industry; data are estimated to cover 79 percent of the industry for 1929-33, inclusive, and
75 to 80 percent prior to 1929.
JT See footnote on p. 35 of this issue.
New series. See p. 19 of the December 1933 issue.
Digitized for*•p FRASER
Preliminary.
52
SURVEY OF CURRENT BUSINESS
Monthly statistics through December 1931.
together with explanatory footnotes and references to the sources of the data, may be found
in the 1932 Annual Supplement to the Survey
1934
1933
1934
May
Julv 1934
May
June
July
August SeptemOctober N<g2T »™™~ January Februber
ary
March
April
RUBBER AND RUBBER PRODUCTS—Continued
MISCELLANEOUS PRODUCTS
Rubber bands, shipments
thous. of lb-_
Rubber clothing, calendered:
Orders, net number of coats and sundries
Production number of coats and sundries
Rubber-proofed fabrics, production, total
thous of yd
Auto fabrics
thous. of yd._
Raincoat fabrics
thous. of yd._
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.Tennis
thous of pairs
Waterproof
thous of pairs
Rubber heels:
Production
thous. of pairs..
Shipments, total*
thous. of pairs..
Export
thous of pairs
Repair trade
thous of pairs
Shoe manufactures
thous. of pairs
_ __ _
Stocks, end of month
thous of pairs
Rubber soles:
Production.
thous. of pairs
Shipments, total*
thous. of pairs
Export
- -thous. of pairs
Repair trade...
thous. of pairs
Shoe manufactures
thous. of pairs
Stocks, end of month
thous of pairs
Mechanical rubber goods, shipments:
Total
thous. of dol
Belting
thous. of dol
Hose.
thous. of dol.J
Other
thous. of dol.J
i
247
313
307
260
208
188
185
186
303
220
262
342
9,808
19, 392
11, 756
35, 873
10, 550
38, 451
21, 525
41,610
27, 948
37, 371
23, 526
41,612
14, 878
38, 342
13, 818
27, 074
13, 811
21, 777
15, 246
20, 062
19, 963
11, 364
15, 615
13, 795
4,891
467
2,321
365
6,139
603
3,195
310
5,992
584
3,301
255
5,136
466
2,791
319
3,948
375
2,483
252
3,740
317
2,393
329
2,458
318
1,165
268
1,682
306
628
211
2, 488
257
939
273
3, 194
301
1, 429
393
3,575
434
1,527
490
3,860
2,794
1,066
4,212
3,516
696
4,149
3,470
679
14, 110
5,413
8,697
3,732
2,153
1,579
3,925
3,085
840
3,857
3,025
833
13, 922
4,485
9,437
3,824
1,496
2,327
4,333
2,251
2,082
4,253
2,181
2,072
13,517
3, 832
9,685
5,319
1,898
3,421
5,126
1,640
3,487
5,043
1,575
3, 468
13, 749
4,134
9,616
4,827
1,379
3,448
6,061
1,261
4,800
5,993
1,215
4,778
12, 512
4,252
8,261
5,931
1,739
4,193
5,634
679
4,955
5,591
656
4,935
12, 806
5,312
7,495
19, 427
20, 484
182
6,883
13, 419
22, 688
23, 479
27, 717
284
7,155
20, 278
18, 402
21, 496
20, 116
293
6,184
13, 638
19, 861
22, 632
18, 410
282
7,352
10, 775
24, 123
19, 621
14, 809
306
4,635
9,868
28, 637
19, 103
14, 157
340
3,765
10, 052
33, 750
15, 955
11, 287
337
4,552
6,398
38, 436
13, 625
12, 738
322
3,215
9,201
37, 528
14, 826 a 16, 293
13, 463 20, 544
432
175
2,833
9,273
10, 198
11, 096
42, 587
38, 986
19, 903
19, 294
347
6,605
12, 199
39, 592
17, 802
16, 991
328
4,673
11,991
39, 961
5,209
5,482
1
335
5,146
3,006
6,094
6,786
5
395
6,386
2,228
5,154
5,024
4
436
4,584
2,333
5, 177
4,392
8
579
3,806
3,011
4,351
3,803
3
281
3,518
3,645
4,244
3,678
9
333
3,336
4,286
4,054
2,763
2
409
2,351
5,559
4,496
4,527
3
281
4,244
4,281
5,499
5,594
5
388
5,201
5,090
5,711
5,804
1
617
5,186
5,010
5, 726
5,770
3
532
5,235
4,838
5,018
4,739
5
275
4,459
4,989
2,847
521
1,067
1,259
3,924
865
1, 471
1,588
4,191
1,187
1,428
1,575
3,892
975
1,298
1,619
3,675
882
1,208
1,587
3,275
808
1,117
1,350
2,836
607
1,013
1,216
2,848
627
1,015
1,206
3,548
699
1,297
1,552
3,565
757
1,147
1,660
4,510
830
1,500
2,181
4,379
863
1,498
2,018
1,670
STONE, CLAY, AND GLASS PRODUCTS
BRICK §
Common brick, wholesale price, red, N.Y.
dol. per thous ..
Face brick (average per plant) :
Orders, unfilled, end of mo thous. of brick.
Production (machine) *
thous of brick
Shipments
thous. of brick-Stocks, end of month t
thous. of brick..
Sand-lime brick:
Orders, unfilled, end of mo. -thous. 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
10.50
9 25
9.25
9.25
9.25
9.25
9.25
8.75
9.00
9.25
9.88
10. 50
10. 50
350
139
169
2,860
398
157
207
2,823
408
245
213
2,797
432
256
226
2, 790
379
185
180
2,778
328
174
208
2,705
320
174
123
2,750
340
109
111
2,717
355
53
133
2,663
644
33
77
2,532
664
57
136
2, 483
657
104
149
2, 464
1,580
588
72
606
3,877
1,315
730
71
1,265
1,936
3,955
1,148
15
947
2,042
865
2,084
3 130
315
903
15
975
2,608
245
882
19
891
2, 189
1,775
1,431
773
642
1 485
75
601
0
800
2 010
100
967
16
791
2 213
900
359
54
366
2 04°
355
563
126
721 i
1 755 :
705
437
29
1 006
1 518
1.436
6,262
27.4
6,709
20, 117
6,769
1.436
7,804
35.2
7,979
19, 936
6,840
1.549
8,609
37.6
8,697
19, 848
6,832
1.586
8, 223
35.9
5, 994
22, 078
6, 474
1.595
5,638
25 5
6,517
21,216
6,507
1.603
5,037
22 1
6,750
19, 502
6,204
1.603
4,672
21 2
4,463
19, 709
5,877
1.603
3,526
15 5
3,738
19, 541
5,717
1.650
3,779
16 6
3 778
19^ 547
5,919
1.650
4,168
20 2
2,952
20, 762
5,936
58
1,419
PORTLAND CEMENT
Price, wholesale, composite
dol. per bbL.
Production
thous. of bbl Percent of capacity
Shipments
thous. of bbL_
Stocks, finished, end of month, .thous. of bbL.
Stocks, clinker, end of month thous. of bbL.
1.570
8, 554
37.5
8,784
21, 327
6,269
1. 650
5, 257
23 0
4, 618
21, 422
6,318
l. 575
6 544
|
29 6
i a 6, 492
i a 21, 557
; a 6, 565
GLASSWARE, ETC.
Glass containers: #
i
3,252
2,322
1,693
2,007
2, 492
Production
thous. of gross..
2,158
2,237
2,123
1,997
2,770
2,600
2, 920
3, 032
56.8
49. 1
60.5
Percent of capacity ._
72.8
72.3
67.4
67.6
62 6
49 2
49 2
55 1
64 0
46 6
3,172
Shipments
thous. of gross..
1,969
2,129
2,112
2, 553
2,529
2,084
1,806
2 662
1,873
2 585
3, 137
2 914
7,545
Stocks, end of month
thous. of gross.
5,036
4,893
5,103
5, 033
4,736
4,796
5,112
5,238
7,480
7 558
7,078
7 719
Illuminating glassware:*
Orders:
1,491
2,241
New and contract . - .number of turns _.
2,145
1,331
1,473
1, 815
1,556
1 571
1 150
1 522
1 145
1 480
1 781
Unfilled, end of month. .number of turns. . 1,858
2,324
2,217
2,100
2, 168
2,027
1,856
1,958
1,805
1,865
2,259
1, 918
1, 794
1,512
Production
number of turns
1,484
1 670
1 611
1 647
1 926
1 713
1 763
1 495
1 030
1 460
1 588
1 256
Shipments:
1,427
1,422
2 027
Total
number of turns
1 701
1 736
1 582
1 583
1 423
1 171
1 439
1 413
1 936
1 255
55.6
50. 1
Percent of full operation
55 8
59 9
71 4
61 2
55 7
50 5
41 2
56 1
55 1
75 4
48 Q
4,735
Stocks, end of month.
number of turns..
4,413
4,091
4,110
4, 038
4,205
4,165
4, 367
4, 615
4,656
4,286
4,431
4,581
Plate glass, polished, production f
7,764
7,922
thous. of sq. ft-_
5,794
9,499
11,350
11,327
8,925
4,169
7,441
9,927 !
8,629
6,347
7,607
a
Revised.
* New series. Earlier data not published, rubber heels and soles and illuminating glassware; for earlier data see p. 20 of the June 1933 issue, face brick, machine production.
§ Census Bureau has comparative summaries for 2 months only on structural clay products. Series not comparable over 13-month period.
f Adjusted for degrading and year-end physical inventories.
t Revised data for 1933 represent total production for the United States.
# Series on glass containers are not comparable for 1934 and earlier years due to increase of number of firms reporting to 44. Shipments of the 44 firms for the first 4
months of 1933 amounted to 9,048,882 compared with 6,549,130 for the 31 firms reporting a year ago. The revised shipment figure for March 1933 given in May 1934 issue
should be ignored since it represented the figure for 44 companies.
SUEVEY OF CURRENT BUSINESS
July 1934
Monthly statistics through December 1931,
together with explanatory footnotes and references to the sources of the data, may be found
in the 1932 Annual Supplement to the Survey
1934
1933
1934
May
53
June
May
July
Decem- January
! August SeptemOctober November
ber
ber
February
March
April
STONE, CLAY, AND GLASS PRODUCTS—Continued
GYPSUM *
Crude (quarterly) :
Imports
short tons
Production.
_
short tons
Shipments (uncalcined)
short tons
Calcined (quarterly):
Production
._
__ short tons
Calcined products (quarterly):
Shipments:
Board, plaster (and lath) ..thous. of sq. ft..
Board, wall
thous. of sq. ft
Cement, Keenes... _. _. _ short tons
Plasters, neat, wood fiber, sanded, gaging,
finish, etc
.
short tons
For pottery, terra cotta, plate glass, mixing
plants, etc
short tons
Tile, partition
thous ofsq.ft
74 240
369, 016
146 569
297, 033
j
117 532
431, 521
158 061
88, 820
241, 100
89,511
0
266, 761
85, 747
264, 805
182, 194
206, 476
21, 796
4,232
41,314
2,752
19, 339
43, 058
2,514
187, 152
139, 623
149, 420
30 861
1,715
17, 220
1,333
24, 063
35, 339
54, 943
28, 945
67 438
3,881
|
217, 274
....
I
24 795
1,516
2,222
—
TERRA COTTA
Orders, new:
Quantity
Value
short tons
thous. of dol__
996
95
1,297
72
565
47
•
834
68
!
182
21
717
65
342
34
341
33
764
52
1,159
112
506
39
902
82
880
69
6,946
6,448
15, 642
8,640
7,785
16, 497
9,545
9,524
16, 518
8,883
8,435
16, 965
TEXTILE PRODUCTS
CLOTHING
Hosiery: *
Production
thous. of dozen pairs .
Shipments..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
COTTON
Consumption f
- - - thous. of bales
Exports:
Quantity, exclusive of linters
thous. of bales .Value. (See Foreign Trade.)
Ginnings (total crop to end of month)
thous. of bales .
Imports^
- - - thous. of bales
Prices:
To producer
dol. per Ib
Wholesale, middling, N.Y
dol. per lb_.
Production, crop estimate
thous. of bales. _
Receipts into sight 1 _ thous. of bales _
Stocks, end of month: f
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
10,027
8,713
9,435
8,870
14, 591
8,063
7,653
15,001
6,091
5, 948
15, 145
131
2, 106
1 599
330
2,401
1 807
409
2,089
1,681
569
2,193
1,832
527
1,792
1,385
553
1, 702
1, 163
354
1,191
90-7
135
929
1,061
520
621
697
601
589
499
504
475
348
508
478
544
513
285
592
615
692
531
869
1,047
915
820
739
628
550
387
9
14
171
12
1,394
10
5,851
10, 361
12
12, 108
13
12, 357
14
12, 559
13
14
12 660
19
12
110
.114
082
.086
087
.096
.106
.108
.088
.096
088
.097
.090
.097
096
.100
103
.113
117
.123
117
.123
116
.119
513
728
771
761
782
2,131
3,231
096
.102
• 13, 047
2,331
1,272
706
421
593
518
7,992
1 421
6,571
7,959
5 541
8,715
1 392
7,323
9,014
7 042
7,708
1 398
6,310
8,341
6 429
7,085
1,348
5,737
7,713
5,908
6,946
1,160
5,786
7,254
5,602
8,535
1 160
7,375
7,901
6,385
10, 836
1,361
9,475
9,383
7,828
11, 103
1 602
9,501
9,837
7 693
10, 293
1 654
8,639
9,284
7 025
9,503
1 650
7' 853
8,868
6 516
8,687
1 585
7 102
8,566
6 093
15"
11,985
1 574
10,411
9,848
8 203
11,955
1 642
10, 313
10, 060
8 255
COTTON MANUFACTURES
Cotton yarn:
Prices, wholesale:
22/ls, cones, Boston
dol. per lb__
.251
.311
.321
.361
.322
.216
.339
.316
.301
.295
.301
.327
.320
40/ls, southern, spinning
dol. per lb_.
.345
.548
.494
.410
.467
.479
.306
.505
.478
.458
.458
.480
.471
Cotton goods:
Abrasive cloth. (See Paper Products.)
Cotton cloth:
Exports §
.„_
thous. of sq. yd.. 22, 792 27, 384 30, 178 28, 704 18, 213 13, 797 13, 095 15, 092 17, 919 16, 790 20, 071 22, 556
23, 791
Imports # _ - _
thous. of sq. yd__
3,823
3,088
1,404
2,442
3,204
4,808
4,004
3,925
3,985
3,817
4,616
5, 426
6,135
Prices, wholesale:
Print cloth, 64 x 60
. . dol. per yd _ .063
.059
.067
.070
.048
067
.067
065
066
069
072
070
067
Sheeting, brown, 4 x 4 (Trion mill)
dol. per yd..
.064
.050
.088
.077
.078
.077
.080
.076
.073
.077
.081
.082
.080
Cotton cloth finishing: *
Production:
Bleached, plain
thous. of yd..
108, 328 122 869 132 678 163 772 150 138
Dyed, colors
thous. of yd
60 294
76 678 89 192 117 562
104 689
.
Dyed, black.
thous. of yd._
4 761
4,616
5 258
6 416
5' 916
Printed
thous. of yd
86 517 99 901 104 920 13l' 496
122 951
Stocks: •
Bleached and dyed
thous. of yd_.
341, 351 332, 985 325, 313 327, 040 308 895
Printed
thous. of yd_.
137, 661 106, 280 104, 949 99, 614
106, 388
Spindle activity: f
Active spindles
thousands
25, 891 24 610 25 550 26, 085 25, 885 26 002 25, 875 25 423 24 841 25 653 26 355 26 504
26 451
7,942
9,299
Active spindle hours, total, .mills, of hours.. 7,279
8,329
8,128
7,058
7,261
5,095
6,692
6,796
6,970
7,720
7,260
Average per spindle in place
hours ..
235
269
300
263
258
229
235
220
165
225
249
216
234
Operations
_.
percent of capacity _
98.2
128.9
106.7
101.9
112.4
117.5
99.6
96.3
73.5
98.5
101.5
102.9
104. 5
* New series. For earlier data on gypsum, see p. 20 of the January 1933 issue; the new series on hosiery compiled by the Hosiery Code Authority and are estimated to
represent 95 percent of the industry. Data on cotton cloth finishing are from the National Association of Finishers of Textile Fabrics and cover practically all the industry;
figures are not available for earlier periods; the production statistics are prorated from data for 4-week periods; stocks are as reported at end of each 4-week period.
« Dec. 1 estimate.
1 For revisions for crop years 1932 and 1933 see p. 52 of the October 1933 issue and p. 52 of the September 1933 issue, respectively.
t For revisions of cotton consumption domestic stocks and spindle activity for the year ended July 1932 see p. 20 of the February 1933 issue, and for cotton consumption domestic stocks and spindle activity for the year ended July 1933 see pp. 52 and 53 of the November 1933 issue.
§ Data revised for 1932. For revisions see p. 53 of the June 1933 issue.
# See footnote on p. 35 of this issue.
• Stocks at end of 4-week periods.
54
SURVEY OF CURRENT BUSINESS
1,
Monthly statistics through December 1931,
together with explanatory footnotes and referrences to the sources of data, may be found
id
in the 1932 Annual Supplement to the Survey
ay
1934
Julv 1934
1933
May
May
June
July
August
1934
Se
^^m" October
No
m
b^. "
Decem- January Februber
ary
March > April
TEXTILE PRODUCTS—Continued
RAYON AND SILK
Rayon:
Imports #
thous. of lb._
30
Price, wholesale, 150 denier, "A" grade,
N.Y
_dol. per lb._
.55
Stocks, imported, end of month.thous. of lb._
Silk:
Deliveries (consumption)
bales
38, 740
Imports, raw #
..
thous. of lb__
5,176
Operations, machinery activity:
Broad looms t
percent of capacity.
Narrow looms f
percent of capacity. .
Spinning spindles: *
All twisting spindles
percent. .
31.5
All 5-B spindles
percent-39.3
Prices wholesale:
Raw, Japanese, 13-15, N. Y dol. per lb__
1.284
Silk goods, composite
dol. per yd_.
.96
Stocks, end of month:
World, visible supply
bales..
United States:
At manufacturers
bales
21, 675
At warehouses
bales
61, 060
52
366
828
1,126
395
770
92
338
32
64
42
14
.55
249
.60
237
.60
287
.65
410
.65
398
.65
504
.65
507
.65
506
.65
488
.65
477
.65
467
.55
47, 151
6,404
53, 627
7,732
44, 597
8,396
42, 852
7,828
31, 185
7,007
28, 521
7,029
34, 822
5,472
26, 959
4,833
40, 942
3,895
39, 021
4, 279
44, 080
5, 796
37, 392
4,798
34.8
33.6
35.5
31.1
41.6
34.8
46.2
29.1
52.8
32.0
64. 3
37. 0
62. 3
36. 6
"54.9
&35.S
39.2
34.9
56.0
40.2
62. 5
52. 0
59. 7
53. 2
48.6
45.9
1.453
1.04
1. 550
1.04 '
1- 405
1.04
1.318
1.01
1.586
.95
2.155
.98
2.273
1.02
1. 881
1.04
1.889
1.04
1.647
1.04
1.465
1.04
1.416
1.04
224, 425
218, 923
243, 529
264, 130
283, 731
301, 981
323, 171
314, 921
20, 243
40, 125
22, 190
33, 933
21, 458
51, 684
23, 092
55, 515
24, 480
73,800
23, 078
93, 625
23, 153
91, 122
24, 762
96, 786
23, 139
83, 820
22, 415
74, 607
22, 640
62, 828
21, 902
61, 083
46, 898
3,179
58, 688
10, 898
57, 377
31,406
55, 694
40, 060
50, 467
21, 308
51, 037
19, 633
43, 466
15, 997
33, 570
16, 168
35, 968
9,637
34, 348
12, 622
36, 119
16, 975
29, 889
13, 567
107
134
134
113
108
108
100
76
74
65
61
46
31
46
66
44
53
87
46
54
97
45
51
87
49
48
73
49
41
62
46
39
64
35
27
57
35
34
67
40
39
69
43
38
66
39
40
55
77
72
100
92
108
96
99
83
82
69
68
65
63
60
54
46
70
52
76
48
75
44
70
39
,63
.29
.70
.32
.79
.35
.80
.37
.82
.39
.84
.41
.85
.41
.88
.42
.88
.42
.88
.42
.87
.40
.85
.37
1.395
1.550
1.613
1. 765
1.800
1.800
1.800
1.800
1.800
1.800
1.763
1.650
.780
.925
.975
1. 065
1.125
1.125
1.125
1.125
1.125
1.125
1. 125
1.103
.93
17, 630
17, 415
215
1.09
54, 510
52, 995
1, 515
1.17
83, 318
70, 876
12, 442
1.18
61, 303
45, 593
15, 710
1.29
28, 981
22, 204
6,777
1.35
18, 931
15, 241
3,690
1.35
14, 068
11, 073
2,995
1.35
6,176
4,824
1, 352
1.35
1.35
1.35
1.35
34, 251
17, 820 j
34, 499
23, 807
50, 203
20, 523
25, 097
18, 974
49, 848
21, 806
1
33,914
18, 713
31,061
22, 195
35, 768
28,406
26, 346
18, 839
35, 113
23, 059
30, 573
17, 861
102 !
74 |
125
82
45 i
39
157
61
72
47
41.8 !
°7,315 !
1,057
387
1,223
709 !
1,154
44.8
7, 328
274
254
1,457
883
3,515
46.5
7,342
1,862
559
1,291
989
3,077
62.7
7,187
1, 608
657
867
1,204
3,148
61.7
7,327
345
168
1,148
956
2,209
3,383
3,283
2,876
4,210
5,278
3,812
3,811
5, 199
4,854
3,346
4,681
4, 023
6°
28
26
WOOL
Consumption, grease equivalent_..thous. of lb__ 28, 213
Imports, unmanufactured §#
thous. of lb_.
7,458
Operations, machinery activity:
Combs worsted
percent of capacity _
48
Looms:
42
Carpet and rug
percent of capacity..
Narrow
percent of capacity. .
40
Wide
- percent of capacity. .
58
Spinning spindles:
Woolen
. percent of capacity. .
70
41
Worsted
_
percent of capacity. .
Prices, wholesale:
.84
Raw, territory, fine, scoured
dol. per lb._
Raw, Ohio and Penn, fleeces dol. per lb_.
.33
Suiting, unfinished worsted, 13 oz. (at mill)
dol. per yd..
1.634
Women's dress goods, French serge, 54" (at
1.119
factory)
dol. per yd..
Worsted yarn, 2/32s, crossbred stock, Boston
dol. per lb__
1.31
Receipts at Boston, total
_thous. of lb_.
Domestic
- thous. of Ib..
Foreign...
thous. of lb._
MISCELLANEOUS PRODUCTS
Burlaps and fibers, imports: #
34, 400
Burlaps
thous of Ib
30, 192
Fibers
long tons.. 17, 172
20, 079
Buttons and shells:
Buttons:5
121
Import * total § $
thous of gross
98
From Philippines
thous. of gross
74
77
Fresh- water pearl:
Production
percent of capacity. .
57.9
51.3
6,938
Stocks, end of month
thous. of gross..
7,303
Shells, imports, total #
thcus. of l b _ _
414
567
Mother of pearl
thous of Ib
313
549
Tagua nuts, imports #
thous. of lb._
638
1,176
Elastic webbing, shipments
thous. of doL.
\
820
Fur, sales by dealers
thous. of dol— ""I," 769" 1 3, 327
Pyroxylin-coated textiles (artificial leather) :
Orders, unfilled, end of mo.thous. linear yd..
2,753
3,139
Pyroxylin spread.. _
thous. of lb._
3, 920
3, 350
Shipments billed
thous. of linear yd. _
3, 760
3,327
114
i
77
93
62
53
44
54.2
6,792 i
172
120
1,983 !
1,093 i
3,803 i
49.0
5, 983
815
150
3, 236
1, 301
3, 892
56.3
5,737
779
713
3,264
1,270
5,280
52.9
5,832
506
483
2,216
1,074
2,743
60.4
5,827
505
365
3,066
1, 097
876
!
I
58.8
6, 211
667
612
1, 506
877
711
3,745
4,450 ;
4,202 i
3, 195
4, 348
4, 280
2,751
3,691
3,889
2,660
2,761
2,718
2,556 !
2,697
2,578 !
2, 477
2,157
2, 024
2,599
2,351
2,148
81
29
27
25
71
30
22
19
110 >
38 !i
57
15 i
76
32
24
20
2,384 i
1 118 i
3,026
2 269
86
74
TRANSPORTATION
AIRPLANES
Production total
number
Commerical (licensed)
number. _
Military (deliveries)
. .
number
For export
._ .number..
AUTOMOBILES?
Exports:
Canada:
Automobiles, assembled _ _ _ .number. _
Passenger cars
number
United States:
Value. (See Foreign Trade.)
Automobiles, assembled, total § .number __
Passenger cars §
number
Trucks 5
number..
1
!
i
78 1
47
54
35
EQUIPMENT
j
122
66
35
21
143
78
48
17
141
99
7
35
132
81
14
37
123
66
21
36
4,205
3, 185
2,690
2, 194
2,247
1,805
1,731
1,220
1,714
1, 233
2,190
1 726
2, 868
2 428
1, 750
1 228
1,625
1 042
24, 670
16, 058
8,612
7,538
5,093
2.445
7,235
4,757
2,478
9,128
5,546
3.582
10, 308
6,516
3.792
10, 944
6,330
4,614
11, 473
5, 906
5. 567 i
6, 703
3, 527
3. 176
9,526
3,066
6.460
107 i
66
28 i
13
11,258 !! 14,911
3,685
8,872
7.573
6.039
4,920 i
4 161
1
1
26,217 |
16, 141 1
10.076 !
3,950
2 930
27,265
16,503
10.756
° Revised.
§ Data revised for 1932. For revisions see pp. 53 and 54 of the June 1933 issue.
# See footnote on p. 35 of this issue.
t Index of sales of new passenger cars is on p. 28.
t Compiled by the Silk Code Authority (The National Federation of Textiles, Inc.) and represent the percentage of operations based on an 80-hour week (2 shifts of 40 hours
each). Data are not comparable with the series previously shown in the Survey which were based on a smaller sample and which were computed on the basis of a 48-hour
week. The code authority expects to adjust the old series to a comparable basis, when opportunity affords.
fc Three weeks ended April 21.
* New series. Compiled by Silk Throwing Code Authority; not comparable with spinning data previously shown.
55
SURVEY OF CURRENT BUSINESS
July 1934
1934
Monthly statistics through December 1931,
together with explanatory footnotes and references to the sources of the data, may be found
in the 1932 Annual Supplement to the Survey
1933
May
May
June
July
August
1934
Novem- Decem- January
P£m- October
ber
ber
Se
*'£»
March
April
TRANSPORTATION EQUIPMENT—Continued
AUTOMOBILES— Continued
Financing:
Retail purchasers total
New cars
Used cars
Unclassified
Wholesale (manufacturers to
thous of dol
thous. of dol._
thous. of dol._
thous of dol
dealers)
thous. of doL.
Fire-extinguishing equipment: f
Shipments:
Motor-vehicle apparatus
number
Hand types
.
number
Production:
Automobiles:
Canada, total
number..
Passenger cars
number-United States, total f
number
Passenger cars f
.number. _
Taxicabs f
number
Trucks
_ .number
Automobile rims . .
thous. of rims. .
Registrations:
New passenger cars t
- number
New commercial cars *
number..
Sales:
General Motors Corporation:
To consumers
number..
To dealers, total
number
U S dealers
number
Shipments, accessories and parts, total *
Jan. 1925 = 100
Accessories, original equipment _ _
Jan. 1925=100
Accessories to wholesalers
Jan. 1925=100
Replacement parts
Jan 1925=100
Service equipment
Jan. 1925=100
25
28, 915
58, 193
37, 475
19, 428
1,289
65, 514
43, 004
21, 182
1,328
65, 153
43, 334
20, 542
1,277
71, 187
47, 291
22, 536
1,360
62, 539
40, 887
20, 393
1,259
57, 503
36, 790
19, 665
1,048
43, 889
26, 278
16, 741
870
33, 124
17, 794
14, 532
798
34, 437
19, 190
14, 420
827
45, 378 « 69, 203
29, 290 « 46, 428
15, 198 « 21, 368
890 « 1, 407
87, 92a
59, 705
26, 687
1,532
55, 006
56, 938
57, 866
69, 613
51, 127
38, 963
17, 703
16, 573
35, 879
61,514 "102, 776
120, 993-
18
16, 401
25
22, 642
21
19, 495
19
21, 183
17
18, 348
19
17, 996
14
21, 892
27
25, 356
19
21, 204
20
15, 715
28
17, 956
35.
16, 597
9, 396
3,682
18, 363.
20, 161
7,323
3,262
6,904
14, 180
6,540
6,079
8,571
5,808
2,291
8,024
12, 272
5,322
16, 504
6,005
4,919
15, 451
2,723
4,946
7,101
4,358
1,503
2,171
331, 641 «214, 832 "250, 290 "230, 140 °233, 825 "192, 613 "134, 956 «a 61, 031 0*81,114 °156, 907 °231, 707 °331, 263 a 354, 745
273, 765 "181,927 "209, 083 «192, 894 "193, 111 "158, 678 "105, 685
41, 066
50, 621 «113, 331 °187, 639 «274, 722 ° 289, 030=
1
54
4
0
35
68
321
16
63
27
9
1,611
1,299
57, 876 * 32, 851 a 41, 172 0 37, 242 a 40, 646 " 33, 926 0 39, 208 « 18, 354 « 29, 194 « 43, 255 a 44, 041 0 56, 525 a 65, 714
1,652
1, 636
1,140
938
1,262
1,015
890
961
701
627
789
523
506
217, 000
160, 242
20, 925
174, 190
23, 254
185, 660
30, 642
178, 661
28, 807
157, 976
31, 281
136, 326
28, 058
94, 180
18, 691
58, 624
15, 580
61, 242
22,903
94, 887
24, 476
172, 287
33, 894
222, 900;
38, 882.
95, 253
132, 837
103, 844
85, 969
98, 205
85, 980
101,827
113,701
87, 298
106, 918
92, 546
86, 372
97, 614
84, 504
71, 458
81, 148
67, 733
63, 518
53, 054
41, 982
35, 417
10, 384
3,483
11,951
21, 295
11, 191
23, 438
62, 506
46, 190
58, 911
100, 848
82, 222
98, 174
153, 250
119,858
106, 349
153, 954
121, 964
71
81
76
80
74
59
56
59
78
106
141
127
64
56
118
50
73
99
129
50
68
83
119
47
71
99
134
56
66
101
120
48
47
91
109
47
44
86
105
46
53
67
89
43
74
77
102
57
109
65
118
59
150
73
139
72
130
72
145
71
189, 693
1,989
301, 368
15.4
197, 664
2,088
303, 758
14.7
196, 733
196, 059
2,069
316,437
15.4
195, 380
2, 060
304, 202
14.9
194, 387
2,047
295, 056
14.6
193, 556
2,038
295, 087
14.7
193, 050
2,031
295, 784
14.8
192, 826
2,027
289, 985
14.5
192, 167
2,019
286, 928
14.4
191, 580
2,012
295, 582
14.9
191, 149
2,007
291,081
14.7
2,341
49, 395
11,080
22.8
37
218
2,410
51,654
11, 103
21.9
43
410
2,396
51,233
11, 109
22.1
2,391
51, 081
11,000
21. 9
73
248
2,382
50, 788
10, 735
21.5
53
346
2,379
50, 677
10, 963
22.0
42
162
2,372
50, 446
10, 824
21.8
26
261
2,370
50, 323
10, 895
21.9
35
294
2,363
50, 103
10, 965
22.2
38
258
2,361
50, 034
11,119
22.6
75
144
2,356
49, 861
11,259
23.0
52
192
99, 956
RAILWAY EQUIPMENT
Equipment condition:
Freight cars owned:
Capacity .
mills, of Ib
Number, total
thousands
Bad order, total
number
Percent of total in bad order
Locomotives, railway:
Owned:
Tractive power
mills, of lb__
Number
_
number
Awaiting classified repairs
number..
Percent of total
Installed
_ number..
Retired
number
Passenger cars:
On railroads (end of quarter) _ .number..
Equipment manufacturing:
Freight cars:
Orders, new, placed by railroads
cars..
Orders, unfilled, total
cars
Equipment manufacturers . ._
cars
Railroad shops
cars
Shipments, total
_
cars
Domestic
...
cars
Locomotives, industrial electric (quarterly):
Shipments, total
number ^
Mining use
number, i
Locomotives, railway:
Orders, new, placed by railroads.niimber..
Orders, unfilled, end of month:
Equipment manufacturers (Census')
total. _ _
..
n<umber
Domestic, total
number. .
Electric ..
number
Steam
.
_ .
number
Railroad shops (A.R.A.)
number..
Shipments:
Domestic, total
number
Electric
number
Steam
number
Exports, total f. _
.number
Electric
number
Steam.. _
number
Passenger cars:
Orders, new, placed by railroads-.number.Orders, unfilled (end of quarter). number
Shipments, total
number
Domestic
number
2,077
316, 107
15.4
2,407
51,537
11, 203
22 2
~"S9
355
322
47, 232
47, 881
517
21, Oil
15, 174
5, 837
8
1, 205
0
1,205
3
3
500
1,205
0
1,205
2
66
1,187
0
1,187
165
120
;
!
1
i
'
1
130
1,129
0
1,129
427
392
19
275
0
275
42
22
38
38
26
26
19, 727
5,019
0
g, 019
24
24
522
6,512
1,700
4,812
25
21
750
15, 964
10, 000
5,964
129
129
38
37 1
38
37
0
20
3
40
1
83
79
78
1
1
82
79
77
2
1
74
72
72
0
1
97
95
85
10
1
120
116
85
31
1
121
117
86
31
1
146
142
88
54
1
2
1
1
2
0
2
0
0
0
7
4
3
1
1
0
6
4
2
7
5
2
16
9
7
5
5
0
7
4
3
0
0
0
6
4
1
1
0
7
7
0
«o.
0
3
0
0
0
0
177
0
0
0
0
0
0
2
85 :
92
0
0
?5
o
0
6
0
0
51
48
3
57
57
0
60
58
2
67
64
3
46
39
7
52
49
3
70
64
fi
72
71
1
11
0
1
136
125
60
65
0
70
67
66
1
1
71
68
66
80
77
75
2
1
79
77
75
2
1
83
79
78
31
31
0
12
11
1
1
1
0
5
5
0
0
0
0
0
0
0
8
8
0
2
1
1
11
8
3
47
0
0
0
0
0
0
7
0
0
4
4
0
0
22
22
0
52
52
0
57
57
0
52
52
0
7
4
150
732
10
722
48
22
10
0
11
12
224
0
224
67
66
« 2, 345
« 49, 573
11,095
22.8
46
311
1
2
1
665
125
0
125
62
62
190, 079*
1,994
295, 191
15.0
45, 851
46, 407
520
127
0
127
162
112
0
a 0
0
10
3
0
0
ELECTRIC TRUCKS AND TRACTORS
Shipments, industrial, total
Domestic
Exports
number
number. _
number..
63
60
3
a
Revised.
* New series. For earlier data see p. 20 of the February 1934 issue for shipments, accessories, and parts, and new commercial cars.
t Revised series. For earlier data see p. 19 of the August 1933 issue for fire extinguishers and passenger-car registrations; and p. 55 of the June 1933 issue for 1932 exports
of locomotives. Data on automobiles revised for 1933 and 1934. Revisions for January 1933, total, 129,478; passenger cars, 110,180; trucks, 19,293; February 1933, total,105,933; passenger cars, 90,425; trucks, 15,356; March 1933, total, 115,985; passenger cars, 97,782; trucks, 17,543; April, total, 177,059; passenger cars, 150,515; trucks, 26,133.
56
SURVEY OF CURRENT BUSINESS
Monthly statistics through December 1931,
together with explanatory footnotes and references to the sources of the data, may be found
in the 1932 Annual Supplement to the Survey
1934
May
May
June
July
July 1934
1933
1934
August § Severn- October Novem- Decem- January Febru- March
ber
ber
ary
April
TRANSPORTATION EQUIPMENT—Continued
SHIPBUILDING
United States:
Merchant vessels:
Under construction.-.thous. of gross tons..
Completed during month-total gross tons..
Steel
total gross tons..
World (quarterly):
Launched:
Number
ships
Tonnage
thous of gross tons
Under construction:
Number
ships
Tonnage
thous. of gross tons
11,958
9,843
18
9,474
7,246
35
2,794
35
38
5,264
319
36
5, 673
1,867
26
2,787
1,181
24
5,148
3,751
25
5,930
1,406
25
8,363
7,743
44
4,159
1,814
43
2,976
1,437
42
5,314
2,085
83
78
90
130
71
175
55
86
209
732
216
757
206
757
269
1 079
48
12, 904
8,101
CANADIAN STATISTICS
Business indexes: *
76.4
82.2
84.1
89.8
88.2
99.6
90.8
86.2
85.5
86.4
86.8
Physical volume of business
1926= 100 ..
93.1
92.6
72.7
79.8
89.5
90.2
87.4
99.9
82.6
83.9
85.1
Industrial production, total
1926=100__
84.5
84.0
91.4
92.0
36.2
27.2
15.1
21.1
45.4
28.6
36.4
35.1
34.1
39.7
47.4
Construction f
1926= 100. _
36 2
28 9
168.0
138.9
149.0
160.7
148.9
148.8
188.5
158. 1
156.5
Electric power
1926=100-.
162.9
168.9
176.0
176.7
88.2
77.4
85.7
96.9
100.2
97.0
87.9
86.2
Manufacturing
1926=100 88.6
80 7
83 2
88 8
87 7
79.2
94.0
75.7
87.0
103.6
88.0
86.2
87.2
88.4
96.4
Forestry
1926=100..
96.7
100 3
91 1
110.8
98.2
146.3
115.1
110. 7
123. 7
130.9
114.4
Mininp- t
1926=100
118 2
120 6
117 2
149 0
160 2
88.4
88.9
86.7
90.5
98.5
92.6
90.5
89.9
89.3
93 2
Distribution
1926=100-.
93 1
96 3
96 0
62.9
66.8
62.6
67.9
75.6
63.9
62.6
62.9
71.4
Carloadings
. .1926= 100. .
60.4
73.6
74 3
76 0
65.3
79.6
66.6
71.5
65.1
85.8
67.6
58.3
53.5
75.4
Exports (volume)
1926=100..
63.7
73.0
69.6
54.8
56.7
65.0
59.7
71.6
82.8
70.5
77.4
Imports (volume)
1926=100__
67.8
64 0
62.8
64 7
69 3
112.2
111.9
110.3
112.7
114.8
113.9
112.8
115.9
Trade employment
. . 1926=100.. 117.8
116.3
113.8
119 2
117 2
95.4
221.9
136.3
197. 2
101.1
70.5
41.8
A°Ticultural marketing
1926= 100. _ 130.6
30 7
48 2
67 1
56 9
63 8
98.3
252.5
224. 6
148.5
106.2
70.0
Grain marketings
1926 =100. . 140.1
36.7
24.7
41.6
61.1
49 3
58 7
81.2
84.8
82.5
74.5
87.8
78.0
72.5
65.2
Livestock marketings
1926= 100..
57.5
94.0
77.6
86.4
90.6
<Commoditv prices:
77.2
77.0
77.0
78.6
77.9
78.7
78.8
78.1
Cost of living index $
1926=100..
"78.2
» 79.0
80.2
°78. 5
79.6
70.5
«66.7
«67.5
° 69. 5
68.9
67.9
71.1
"68.9
72 0
Wholesale price index #
1926= 100. .
72 1
69 0
70 6
71 1
77.6
80.7
92.0
84.5
90.4
87.1
88.5
Employment, total (first of month) .1926= 100..
91.3
91.4
91.8
88.6
92.7
91.3
78.2
88.4
60.8
67.8
88.4
95.8
97.0
Construction and maintenance. .. 1926= 100..
94.6
94.6
98.0
88.1
95.8
100.8
85.2
76.8
80.0
83.0
86.8
90.2
86.7
84.4
Manufacturing
1926= 100. .
86.5
84 2
80 0
88 1
86 5
91.4
97.4
89.9
93.1
103.6
100 4
105.8
Mining
1926=100
109 7
105 5
109 4
106 8
103 3
108 9
99.9
106.2
111.5
111.8
111.7
113.8
108.1
107 9
Service
1926=100.108 8
109 8
108 7
li\
8
109 3
108.6
111.8
109 1
115 6
110. 5
111 8
Trade
1926=100
115 0
115 6
119 1
122 3
111 6
116 1
II 9 5
78.9
81.2
79.0
78.5
80.5
82.5
Transportation
1926=100 .
82.7
81 4
79 8
76 2
76 3
78 0
75 9
Finance:
Banking:
2,982
2,650
3,528
2, 649
2,823
2,457
Bank debits
mills, of doL. 3,129
2,837
2 492
2 597
2 089
2 536
2 489
98.1
96.7
97. 1
95.0
94 6
95 8
Interest rates
1926=100
97 3
98 5
97 2
96 0
90 1
87 7
142
175
158
150
144
155
Commercial failures *
number .
155
159
153
140
140
Life insurance, sales of ordinary life (14 cos.) *
32, 398
30, 255
31,472 34, 185 37, 376
30, 497
27, 263
thous. of doL.
25, 381
Security issues and prices:
486 225, 780
New bond issues, total
.thous. of doL. 76, 822 11, 173 123, 388 74, 958 94, 790
6,805
29
3,634 26, 059
31,964
40, 946
485
0
1,110
500
0
0
0
90
0
Corporation
thous. of dol.. 6,452
1,575
16 280
380
7,815 117, 474
68, 350
80, 000
0 225, 000
Dominion and provinciaL.thous. of dol. . 57, 707
5,000
0
3,000 22,700
40, 799
15, 000
4,804
2,873
664
5, 608
14, 290
486
690
Municipal__
thous. of doL.
230
29
634
684
147
2,979
0
0
0
1,000
0
0
o
0
0
0
0
0
Railways
thous. of dol.. 12, 000
4.70
4.63
4.65
4. 55
4.59
4.53
4.06
4.72
Bond yields
percent-4.66
4.66
4.60
4.32
4.20
77.4
66.1
86. 5
81.8
73.3
81.6
Common stock prices, total t ... 1926= 100. _
88.6
75.3
76.8
81.6
86.5
90.7
88.0
65.2
80.4
73 4
76.0
75 2
74 8
Banks
1926 = 100
71 7
68 4
76 1
64 7
71 7
76 7
76 9
122.3
117.2
88.6
128.0
107. 1
119. 1
103.6
Industrials
1926=100
113 4
111 4
123 8
133 0
118 6
128 5
56.4
49.5
61.5
56.8
Utilities
_ . . 1926 =100- 56.7
53.5
48.5
47.8
47.8
58. 1
53 5
58 0
58 8
Foreign trade:
46, 109
46, 472
51, 866
45, 135
Exports
thous of dol
58, 543
58, 329
61, 035
51, 624
32, 047
60, 926
47, 118
38, 365 a 58, 390
32 391
32, 927
35 698
38 747
Imports
thous of dol
52 887
33 619
38 698
41 070
34 815
43 712
33 592 47 519
35 368
Exports, volume:
Automobiles. (See Transportation Equip.)
Newsprint. (See Paper.)
21, 465
16, 999
16, 374
8, 653
19, 666
23, 612
Wheat
thous. of bu._ 19, 024
23, 144
6,513
17, 458
7,088
10, 103
3, 568
565
493
482
545
480
514
Wheat
flour
thous. of bbl
553
418
548
448
328
493
341
Bailway statistics:
176
186
161
222
163
202
164
Carloadings
thous. of cars..
158
201
176
189
177
Financial results:
21, 447
24, 310
23, 713
23, 730
Operating revenues
thous. of dol. .
25, 872
27, 239
24, 176
22, 749
21,011 20, 627 24, 657
21 144
19, 298
20 344
20 709
19 829
Operatin^ expenses
thous of dol
19 683
18 241
18 340
19 601
19 945
20 630
2,103
6,654
1,136
1, 679
Operating income
thous. of dol..
3,071
5,111
5,040
3*916
<*60
216
2,976
Operating results:
1, 529
2,133
1, 752
2,442
1,735
2,103
1,629
Freight carried 1 mile
. mills, of tons..
1 537
1,682
2,011
1 986
145
100
145
Passengers carried 1 mile
mills, of pass
141
96
136
91
138
109
98
127
Commodity statistics:
Production:
Automobiles. (See Transportation Equip.)
Electrical energy, central stations
mills, of kw.-hr..
1,350
1,443
1,508
1,489
1,830
1,371
1,618
1,724
1,702
1,708
1,613
1,796
1,697
1
0
32
35
Pig iron
thous. of long tons
27
38
31
12
30
37
31
12
27
Steel ingots and castings
32
thous. of long tons..
23
49
49
38
71
48
43
50
73
61
58
70
Livestock, inspected slaughter:
116
Cattle and calves
thous. of ammals..
91
88
99
108
84
133
101
100
67
91
106
119
Swine
thous. of animals _.
279
235
191
187
195
235
253
267
277
252
270
263
259
Sheep and lambs
thous. of animals ..
72
30
56
101
32
182
148
84
41
34
40
36
38
Newsprint. (See Paper.)
Silver. (See Finance.)
Wheat, visible supply. (See Foodstuffs.)
1,334
1, 444
Wheat
flour
thous. of bbl. _
1,186
1,323
1,393
1,651
967
1,102
1,827
1,043
1,064
1,089
d
« Revised.
Deficit.
*5J * New series. For earlier data see p. 18 of the February 1933 issue, business indexes, p. 20 of the October 1933 issue, commercial failures, and p. 20 of the February 1934
issue, life-insurance sales.
t Revised series. See p. 55 of the April 1934 issue, construction, and mining production, for 1933. Series on common-stock prices revised back to December 1932 as a
result of additional stocks, for revision see p. 56 of the April 1934 issue.
# Number of commodities changed from 502 to 567 beginning with month of January 1934.
fcT Data revised for 1932 to 1933. Revision for 1932 see p. 55 of the November 1933 issue.
1.1. SOVUNMKNT M I N T I N G OFFICE! 10S4
INDEX TO MONTHLY BUSINESS STATISTICS
Page
Abrasive paper and cloth
51
Acceptances, bankers'
30
Accessories, automobile
^
55
Advertising, magazine, newspaper, radio
25, 26
Africa, United States trade with
34, 35
Agricultural products, cash income received
from marketings of
23
A gricultural wages, loans
30
Air-conditioning equipment
47
Air mail
26
Airplanes
36,54
Alcohol, denatured, ethyl, methanol
36, 37
Aluminum
48
Animal fats, greases
37
Anthracite industry
22,29,43
Apparel, wearing
29,53
Argentina, United States trade with; exchange; flaxseed stocks
32,35,38
Asia, United States trade with
34, 35
Asphalt
44
Automobiles
22, 26, 27, 28, 29, 54, 55
Babbitt metal
-___
49
Barley
40
Bathroom
fixtures
47
Beef and veal
41
r
Beverages, fermented malt liquors and distilled spirits..
39
Bituminous coal
22,28,29,43
Boiler and boiler fittings 1
47
Bonds, prices, sales, value, yields
33,34
Book publication
51
Boxes, paper, shipping
51
Brass
50
Brazil, coffee; exchange; United States trade
with
- 32,35,42
Brick
52
Brokers' loans
31
Bronze
50
Building contracts awarded
24,25
Building costs
25
Building materials
24,45,46,47
Business activity index (Annalist)
22
Business failures
__
31
Butter
39
Canadian statistics
56
Candy
--42
Canal traffic
36
Capital issues
33
Carloadings
22,35
Cattle and calves
41
Cellulose plastic products
38
Cement
22, 27, 23, 29, 52
Chain-store sales
_
26, 27
Cheese
40
Chile, exchange; United States trade with_. 32,35
Cigars and cigarettes
43
Civil-service employees
28
Clay products
.- 23, 24, 27, 28, 29, 52
Clothing
24,25,27,28,29,53
Coal
22,28,29,43
Cocoa
42
Coffee..
-23,42
Coke
-43
Commercial paper
30
Communications
36
Construction:
Contracts awarded, indexes
24
Costs
25
Highways
25
Wage rates
30
Copper
49
Copper wire cloth
50
Copra and coconut oil
38
Cora
-—
40
Cost-of-living index
23
Cotton, raw and manufactures
23, 53
Cottonseed, cake and meal, oil
38
Crops
23,38,40,53
Dairy products
23,39
Debits, bank
31
Debt, United States Government
33
Delaware, employment, pay rolls
28,30
Department-store sales and stocks
27
Deposits, bank
30,31
Disputes, labor
29
Dividend payments
34
Douglas
fir
_
42
Earnings, factory
29,30
Eggs
--_23,41
Electrical energy, consumption index
22, 23
Electrical equipment
49
Electric power, production, sales, revenues._ 22,39
Electric railways
35
Employment:
Cities and States
_.
28
Factory
__.
27, 28
Nonmanufacturing
__
28
Miscellaneous
28
Emigration
36
Enameled ware
47
Engineering construction
25
England, exchange; United States trade with. 32,35
Exchange rates, foreign
32
Expenditures, United States Government—
33
Explosives
_
37
Exports
34,35
Factory employment, pay rolls
27,28, 29,30
Failures, commercial
.
31
Page
Fairchild retail price index
24
Fares, street railways
35
Farm employees
28
Farm prices, index
23
Federal Government,
finances
33
Federal-aid highways
25,28
Federal Reserve banks, condition of
31
Federal Reserve member bank statistics
31
Fertilizers
37
Fire-extinguishing equipment
55
Fire losses
25
Fish and fish oils
37,42
Flaxseed
38
Flooring, oak, maple, beech, and birch
45
Fiour, wheat
41
Food products
22, 23, 27, 28, 29,39,40,41,42
Footwear
45,52
Foreign trade, indexes, values
34,35
Foundry equipment
48
France, exchange; United States trade with. 32,35
Freight cars (equipment)
27,55
Freight carloadings, cars, indexes
35
Freight-car surplus
36
Fruits
23,40
Fuel equipment
48
Fuels
43,44
Furniture
46, 48
Gas, customers, sales, revenues
39
Gas and fuel oils
44
Gasoline
44
General Motors sales
55
Glass and glassware
22, 27, 28,29,52
Gloves and mittens
44
Gold
32
Goods in warehouses
.
26
Grains
23,24,40,41
Gypsum
53
Hardwoods
45
Heels, rubber...
52
Hides and skins
44
Hogs
41,44
Home Loan Bank, loans outstanding
25
Hosiery
53
Hotels
28,30,36
Housing
23
Illinois, employees, factory earnings
28,29,30
Imports
34
Income-tax receipts
33
Incorporations, business
26
Industrial production, indexes
22
Installment sales, New England
27
Insurance, life
32
Interest payments
34
Interest rates
31
Investments, Federal Reserve member banks.
31
Iron, ore; crude; manufactures
22,46
Italy, exchange; United States trade with
32,35
Japan, exchange; United States trade with__ 32,34
Kerosene
44
Labor turnover, disputes
29
Lamb and mutton
42,44
Lard
41
Lead
49
Leather
22, 23, 24, 25, 26, 27, 28, 29, 44
Leather, artificial
54
Liberty bonds
33
Linseed oil, cake, and meal
38
Livestock
23,41,42,44
Loans, agricultural, brokers', time
30
Locomotives
55
Looms, woolen, activity
54
Lubricating oil
44
Lumber
22,23,24,27,28,29,45,46
Lumber yards, sales, stocks
45
Machine activity, cotton, silk, wool
53, 54
Machine tools, orders, shipments
48
Machinery
__
26, 27, 28, 29,35, 48,49
Magazine advertising
„___
25,26
Manufacturing indexes
22
Marketings, agricultural
23
Maryland, employment, pay rolls
28, 29
Massachusetts, employment, pay rolls
28, 29
Meats
41,42
Metals
22,23,27,28,29,49,50
Methanol
36,37
Mexico:
Petroleum production and exports
43
Silver production
32
United States trade with
35
Milk
-40
Minerals
22,43,49
Money in circulation
32
National Industrial Recovery Act, highway
construction
25
Naval stores
37
Netherlands, exchange
32
New Jexsey, employment, pay rolls
28, 29
Newsprint
50
New York, employment, pay rolls, canal
traffic
28,29,36
New York Stock Exchange
30,33
Notes in circulation
31
Oats
-40
Oceania, United States trade with
34,35
Ohio employment
28
Ohio River traffic
36
Oils and fats...
_
37,38
Oleomargarine
38
Page
Paints
.
__ 38
Paper and pulp
_ 22,23, 27, 28, 29, 50, 51
Passenger car sales index
26
Passengers, street railways; Pullman
35,36
Passports issued
36
Pay rolls:
Factory.__
29
Factory, by cities and States
29
Nonmanufacturing industries
29,30
Pennsylvania, employment, pay rolls
28,29
Petroleum and products
22,28,29,43,44
Pig iron
22,46
Pork
41,42
Postal business
26
Postal savings
31
Poultry
_
23,42
Prices:
Cost of living, indexes
23
Farm, indexes
23
Retail, indexes.
23,24
Wholesale, indexes
24
World, foodstuffs and raw material
23
Printing
51
Production, industrial
22
Profits, corporation
32
Public
finance
33
Public utilities
28,30,34,39
Pullman Co
36
Pumps
49
Purchasing power of the dollar
24
Radiators
47
Radio, advertising
25
Railroads; operations, equipment, financial
statistics
35, 55
Railways, street
35
Rayon
54
Real-estate market activity
25
Reconstruction Finance Corporation, loans
outstanding
33
Registrations, automobiles
55
Rents (housing), index
23
Retail trade:
Automobiles, new passenger
_»„
26'
Chain stores:
5-and-10 (variety).
_
26
Grocery
26
Department stores
27
Mail order
27
Roofing
39
Rice
40
Rubber, crude; scrap; clothing; footwear;
tires
22, 23,24, 27, 28,29,51, 52
Rye
40
Sanitary ware
47
Savings deposits
31
Sheep and lambs
42
Shipbuilding
22, 27, 28, 29, 56
Shoes
22, 24, 25, 26, 27, 28, 29,45
Silk.
23,54
Silver
22,32
Skins
44
Softwoods
45,46
Spain, exchange
32
Spindle activity, cotton
53
Steel, crude; manufactures
22,47
Stockholders
34
Stock indexes, domestic and world
23
Stocks, department stores
27
Stocks, issues, prices, sales, yields
34
Stone, clay, and glass products. 2 2,23,27,28,29,52,53
Sugar
_. 23,42
Sulphur
37
Sulphuric acid
37
Superphosphate
37
Tea
23,42
Telephones and telegraphs
36
Terneplate
48
Terra cotta
53
Textiles, miscellaneous products
54
Timber
45
Tin and terneplate
23,48
Tires
22,24,27,28,29,51
Tobacco
22, 25, 26, 27, 28,29,43
Tools, machine
48
Trade unions, employment
29
Travel
36
Trucks and tractors, industrial electric
55
United Kingdom, exchange; United States
trade with
__. 32,35
Uruguay, exchange
32
United States Steel Corporation
__ 30,34,47
Utilities
28,30,34,35,38,39,55
Vacuum cleaners
50
Variety store sales index
26
Vegetable oils
__
37,38
Vegetables
23,40
Wages
29,30
Warehouses, space occupied
26
Waterway traffic
36
Wheat and wheat
flour
23,41
Wholesale prices
24
Wisconsin, employment; pay rolls
28,29
Wood pulp
—
50
Wool
22,23,54
Zinc
22,49
UNITED STATES FOREIGN TRADE
81 CHARTS
UNITED STATES TRADE
WITH
UNITED KINGDOM
UNITED STATES STATISTICS
• The Bureau of Foreign and
Domestic Commerce has just completed a set of 81 charts showing
the month-to-month fluctuations in
United States foreign trade during
the period January 1928 to March
1934. These charts were prepared
primarily for the use of Government offices, but a limited number
are being made available, at the
cost of reproduction, to individuals
and private agencies.
19210 ' 1 ©30 ' 1931 ' 1932 ' 1933 ' 1934 ' 1936 ' 1936
Department of Commerce
Bureau of Foreign and Domestic Commerce
UNITED KINGDOM
Complete set of 81 charts (sample shown above), size 10% by 16l/z inches
may be secured for
Send check or money order to
Bureau of Foreign and Domestic Commerce
Washington, D.C.
U.S. GOVERNMENT PRINTING OFFICE: 1934
@FedFRASER