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JULY 1936
SURVEY
OF
CURRENT BUSINESS
UNITED STATES
DEPARTMENT OF COMMERCE
BUREAU OF FOREIGN AND DOMESTIC COMMERCE
WASHINGTON
Y O L U ME
16
NUMBER
7
A discussion by Robert R. Nathan, Chief of the National Income Section
of the Division of Economic Research, of the more significant changes
in the national income estimates, with accompanying detailed tables
and charts, appears on pages 14 to 19, inclusive.
UNITED STATES DEPARTMENT OF COMMERCE
DANIEL C. ROPER, Secretary
BUREAU OF FOREIGN AND DOMESTIC COMMERCE
ALEXANDER V. DYE, Director
SURVEY OF
CURRENT BUSINESS
Prepared in the
DIVISION OF ECONOMIC RESEARCH
ROY G. BLAKEY, Chief
M. JOSEPH MEEHAN, Editor
JULY 1936
Volume 16
Number 7
CONTENTS
SUMMARIES AND CHARTS
Business indicators
Business situation summarized
Graphic comparison of principal data
Commodity prices
Domestic trade
Employment
Finance
Foreign trade
Real estate and construction
Transportation
Review of the—
Automobile and rubber industries
Iron and steel industries
Page
2
3
4
5
6
7
,.. 8
9
10
11
«
SPECIAL ARTICLE
Expansion in national income continued in 1935
12
13
14
STATISTICAL DATA
New and revised series:
New series: Excess reserve balances (member banks), September
1931-May 1936; world visible stocks of silk, January 1923-February 1936; obligations fully guaranteed by the United States,
October 1933-April 1936
20
Revised series: White base antifriction bearing metals (Babbitt
metal), January 1933-December 1935
20
Weekly business statistics through June 27
21
STATISTICAL DATA—Continued
Monthly business statistics:
Page
Business indexes
22
Commodity prices
23
Construction and real estate
24
Domestic trade
25
Employment conditions and wages
27
Finance
31
Foreign trade
•
36
Transportation and communications
37
Statistics on individual industries:
Chemicals and allied products
39
Electric power and gas
41
Foodstuffs and tobacco
42
Fuels and byproducts
45
Leather and products
47
Lumber and manufactures
48
Metals and manufactures:
Iron and steel
49
Machinery and apparatus
51
Nonferrous metals and products.
52
Paper and printing
53
Rubber and products
55
Stone, clay, and glass products
56
Textile products
57
Transportation equipment
58
Canadian statistics
60
General index
»
Inside back cover
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1
77024—36
SURVEY OF CURRENT BUSINESS
Julv 1936
Business Indicators
1923-25=100
INDUSTRIAL PRODUCTION
FACTORY EMPLOYMENT AND PAYROLLS
IZ5
125
A
100
100
\
EMPLOYMENT (Adjusted)*
\
\
75
/
V
•
\
/
75
Adjusted *
50
50
25
25
0
i i i I I 1 i I M 1
1 f 1 1 1 1 1 1 | 1 1
11111111111
PAYROLLS
0
i i i i i 1I i I i ii i i I i l i I i i i i i l i i i i I i i i i i
CONSTRUCTION CONTRACTS AWARDED
FREIGHT CAR LOADINGS
125
125
100
100
\
\
75 \
L.CL. (Adjusted).,
75
(Unadjusted)
\
50
TOTAL (At tjustecQ*
25
0
i I i i i 1 i i 1 I i i it i l i i i i | i i i i1111 i i ii
50
\ \
25
\
*->*
V
/%
t l
_
S^REStDENT/, \L (Adjustec/)
WHOLESALE PRICES
125
100
100 •
j\/—**/*
TOTAL
(Adjusted)
TOTAL (Ayiustect)*/
I 1 | 1 1 1 1 1 II 1i I1 i I 1 M i I I 1 I 1 1 I 1 I i 1 1 1
DEPARTMENT STORE SALES
75
V
0
125
\
/
\
75
s
9
ALL COMMOLVT/ES
»^^«s.
4+*~r
50
50
25
25
0
i i i M 1 i l 1 I l II II 1 1 1 1 |1 1 !1 1 11 1 1 1 1 1
0
FEDERAL RESERVE MEMBER BANK LOANS*
FARM PRODUCTS
i I I I I I II | I i i i I l I 1 i i l i i 1 1 1 1 1 1 1 1 1 1 1
BANK DEBITS OUTSIDE NEW YORK CITY
150
i5or
125
IZ5
\
\
100
\
100
75
\
75
K
/
50
50
ot
1929'30'3!'32'33
(Commercial)
M M l l l . III
1934
1935
ADJUSTED FOR SEASONAL VAR/AT/ON
, . i! 11.11111
1936
oL
1929'30'31*32'33
*fiEPORT/NG MEMBER BANKS
itiiiliiiii
1934
1 1 1 1 1 1 1 1 1 1 1
±[ 1 1 1 1 1 1 1 1Ll
1935
1936
U.D. 8639
J.M.
SURVEY OF CURRENT BUSINESS
July 1936
Business Situation Summarized
HEN comparison is made with the initial 6 has been evident in a number of major industries; in
W
monthsof 1935,available statistics reveal a broad the automobile industry the June recession has apparimprovement in economic conditions in the United States ently exceeded the usual seasonal decline but steel
during the opening half of 1936. Industrial production production remained high.
has advanced 11 percent, mainly by reason of the
The most pronounced recent gains have been in the
gradual extension of recovery in the durable goods field of retail trade. May returns reveal a marked
industries; retail sales are estimated to have increased increase in the volume of sales through retail stores,
some 10 percent; freight traffic is up 9 percent; cash and preliminary reports for June indicate that these
farm income is about 11 percent larger; the volume of have been maintained or extended during the current
unemployment has been materially reduced; and themonth. While possibly influenced by the volume of
construction industry, in which recovery has been slow, Government expenditures, the sales increases are based
has made material progress this year. The extent to largely on the gradual rise in consumer income and the
which this further recovery has narrowed the gap be- willingness to spend more freely, the latter situation
tween existing conditions and those prevailing in 1929 being evidenced particularly by the volume of sales of
is partially indicated by the accompanying table.
products of the type which are generally sold on the
In June, business activity was at or very close to the basis of deferred payments.
highest point reached in the recovery period. While
Stock prices have moved higher during the month
employment data for the month are not yet available, while both corporate and Government bonds have been
it appears on the basis of returns through May that the firm. Private capital financing increased, but it was
number of persons at work (exclusive of employees on overshadowed by the huge Treasury operations incident
emergency work projects) reached the largest total in to the June 15 financing. The public debt reached a
more than 4% years. The contraseasonal rise in factory peak at approximately $34,000,000,000. The new tax
employment and pay rolls from April to May wasbill, carrying provisions which will result in a large
accompanied by a further slight rise in the seasonally increase in taxes on corporations and inaugurating the
adjusted index of manufacturing production. The ex- taxation of undistributed corporate surpluses, was
pansion in the iron and steel industry was a major enacted by Congress just before the close of the session
factor in the April-May change. A seasonal slackening on June 20.
_
126
105
89
61
79
89
128
106
90
60
80
89
116
102
84
65
77
86
122
102
87
60
78
86
123
101
87
59
77
86
117
104
87
67
79
88
105.4
94.9
80.3
63.7
62.9
82.6
112.9
95.4
73.4
46.8
42.7
67.1
107
96
79
54
55
63
104
98
89
71
65
65
109
105
97
87
86
83
87
90
97
97
96
87
85
83
87
89
96
98
95
88
97
84
85
92
100
95
96
85
86
86
87
90
95
97
104
84
84
86
88
91
95
98
104
89
98
84
81
87
93
92
101
81.4
80.1
80.6
81.8
81.9
83.7
84.8
85.6
68.5
66.4
65.4
69.7
72.2
75.0
74.5
76.6
61
63
58
60
62
64
66
71
103
110
95
105
102
84.8
83.8
84.2
84.9
85.7
72.7
72.7
76.3
77.9
79 2
79.4
81.3
84.2
62.7
68.7
75.8
Juno. _ _
July.
August
September
October
November _
December
1936:
97
95
98
95
99
January
91
94
95
93
106
February
89
93
93
96
97
March
94
100
99
103
105
April
105
101
101
100
May
105
Monthly average,
January through
Mav:
1934
84
87
85
89
88
89
1935
99
99
98
] 936
http://fraser.stlouisfed.org/
1
for number of working days.
Federal Reserve Bank ofAdjusted
St. Louis
2
108
90
57
77
116.5
105.3
85.8
64.5
64,8
79.7
45
63
64
64
64
65
64
64
66
76
80
80
78
81
77
81
84
93.1
99.7
97.0
92.8
104.8
104. 6
103.7
109.8
46
50
52
49
50
48
62
56
70
70
66
69
70
64
62
62
63
64
79
80
88
96.3
93.0
106.7
109. 9
113.3
61
60
65
66
64
63
68
69
72
67
81
88
76
Adjusted for seasonal variation.
71.8
86.0
95.1
2
a
Wholesale price lnd<
commodities
Adjusted >
Cash farm
income *
Unadjusted
9.
il
Construction contra<
types, value, adjus
Imports
Exports
Foreign
trade, value,
adjusted 2
Monthly
1929-31 Monthly average, 1923-25=100
average,
= 100
1924-29=100
Monthly average, 1923-25=100
1929: M a y
1930: M a y . .
1931: M a y
1932: M a y
1933: M a y
1934: M a y . . .
1935:
May
Rural, general merchandise
Department stores
Adjusted «
Adjusted >
Amount of pay rolls,
unadjusted
Minerals
Manufactures
Adjusted '
Total
Minerals
Total
Year and month
Manufactures
Unadjusted i
Number of employees, adjusted '
Factory emRetail sales
Freightployment
value,
and pay rolls car loadings
adjusted
MerTotal chandise,
l.cl.
Industrial production
Bank debits outside» New
York City
MONTHLY BUSINESS. INDEXES
Monthly
average,
1926=100
47
134.3
123.6
103.2
63.4
58,3
71.5
121
105
65
26
16
26
87.5
61.5
42.0
50.0
50.0
57.0
94.0
66.0
47.0
64.0
59.0
64.0
94.7
88.8
73.2
64.4
62.7
73.7
52
51
59
54
53
58
52
58
78.9
80.1
83.9
78.8
76.1
85.4
84.6
94.7
27
30
35
38
43
48
60
67
57.0
52.0
53.5
64.5
75. 5
94.0
78.0
70.5
64.0
60.0
60.5
62.5
63.5
67.0
66.0
80.2
79.8
79.4
80.5
80.7
80.5
80.6
80.9
51
53
51
57
60
55
53
56
58
58
88.7
80.0
90.6
88.7
86.2
61
52
47
47
46
66.0
55.0
59.5
57.5
61.5
68.0
65. 5
67.0
69.5
72.0
80.6
80.6
79.6
79.7
78.6
45
45
45
52
51
60
68.4
76.1
86.8
36
27
50
48.3
52.8
59.9
37
32
121
86
55
34
32
6Cy. 5
* From marketings of farm Droducts.
73.3
79.6
79.8
SURVEY OF CUKRENT BUSINESS
July 1936
Graphic Comparison of Principal Data
•
Y/////AREMAINDER OF YEAR
FIRSTS MONTHS
BANK DEBITS OUTSIDE NEW YORK CITY — (BILLIONS OF DOLLARS)
0
t936
1935
1934
1933 =
1932
1929
)0
l()0
50
E
//////
z 50
2()0
300
'///A
CONSTRUCTION CONTRACTS AWARDED — (B/LL/OA/S OF DOLLARS)
STEEL INGOT PRODUCTION — (MILLIONS OF TONS)
30
10
40
50
19 36
19 29
AUTOMOBILE PRODUCTION — (MILLIONS OF CARS)
J
0
19 36
1935
1934
1 933
1932
1929
V
t
>
—
V'/////
////A
jzzzz.
WKEZZ2
FREIGHT CAR LOADINGS — (MILLIONS OF CARs)
0
19 36
19 35
19 34
1933
1932
1929
10
pN
20
30
40
50
O.D. 9638 JM
SURVEY OF CURRENT BUSINESS
July 1936
Commodity Prices
T
HE downward trend of the general wholesale trends. Moody's index of 15 commodities, for example,
price level which extended from January to the which had fallen from 172 in the latter part of April
middle of May has been checked, and prices have to 163 at the end of May, has since recovered to 168.
moved moderately higher during recent weeks. The Wheat has moved up about 10 cents a bushel, and
major factor in this movement has been the reversal other grains have also risen; hog prices have advanced;
of the trend of prices of farm products and foods, which and cotton has gone above 12 cents a pound.
had previously been moving steadily lower. Recent
Further price increases in farm products are exprice changes in these latter groups have been in- pected by the Bureau of Agricultural Economics. Profluenced by the deterioration in crop prospects as a ducts for which seasonal or other price advances are
result of unfavorable weather. Other influences work- expected—wheat, corn, eggs, hogs, and high-grade
ing against price declines are the increased demands steers—are in the aggregate considerably more imaccompanying the relatively favorable business trends, portant in the Bureau's index of farm prices than are
the large issue of bonds to veterans, and the cash dis- the fewer products—lambs, potatoes, poultry, and
bursements connected therewith.
low-grade steers-—for which price declines are indicated.
Despite the declines in wholesale prices in May, the
The recovery in prices in the latter part of May was
not sufficiently large to prevent the Bureau of Labor cost of living rose 0.4 percent, according to the index
Statistics monthly wholesale price index from declin- of the National Industrial Conference Board. The
ing further. The recession in this index from April to rise was due to substantial increases in retail food
May was 1.4 percent, or about half of the total drop prices and in rents, the latter having advanced 1.6
experienced in the 5 months January to May. The percent from April to May. Prices of clothing, coal,
index reached a low of 78.1 in the week ended May 16, and sundries declined.
and subsequently recovered to 78.7 in the week ended
Fairchild's index of retail prices of department-store
June 20.
articles remained unchanged in May; in fact, for the
The more volatile price indexes have naturally ex- first time it has held at the same figure for 3 consecuperienced a rather wide swing with the recent shifting tive months.
INDEXES OF COMMODITY PRICES
Wholesale Prices (Department of Labor)
Economic classes
Retail Prices
Groups and subgroups
85
•d ©
1?
si
Year and month
it
nIS
I8
Dec.
Mo.
Mo.
Mo.
1930
average average average (Jan.
1
1923= 1909-14 1923-25 1931) —
100
= 100
-100
100
Monthly average, 1926" 100
94.7
88.8
73.2
64.4
62.7
73.7
94.6
90.1
76.9
70.3
67.2
77.8
95.3
87.8
66.5
53.9
53.7
65.1
93.0
83.1
69.8
58.1
61.3
73.7
102.2
93.0
67.1
46.6
50.2
59.6
80.2
79.8
79.4
80.5
80.7
80.5
80.6
80.9
82.4
82.2
82.0
83.0
83.1
82.7
82.7
83.1
77.6
76.4
75.8
77.1
77.3
77.1
77.2
77.7
73.5
73.9
72.8
73.2
74.4
76.3
76.2
75.2
80.6
78.3
77.1
79.3
79.5
78.2
77.5
78.3
80.6 82.4 78.1 74.8
January
February
80.6 82.2 79.1 74.6
March
79.6 81.3 77.4 74.4
April
79.7 81.6 77.0 74.5
May
78.6 80.5 75.8 74.1
Monthly average, January
through May:
1934
_
73.3 77.0 65.2 73.7
1935
., 79.6 81.7 77.1 72.1
1936
79.8 81.6 77.5 74.5
1
Revised. See p. 20 of the November 1934 issue.
http://fraser.stlouisfed.org/
78.2
79.5
76.5
76.9
75.3
1929: M a y
1930: M a y
1931: M a y
1932: M a y . .
1933: M a y
1934: M a y
1935:
May
June
July
August
September
October
November.
December
1936:
.-
__.
Federal Reserve Bank of St. Louis
88.2 98.0 111.5
82.1 92.2 101.3
59.6 73.8 74.4
42.6 59.3 56.5
52.8 59.4 52.3
63.9 67.1 60.0
91.5
87.3
75.1
70.4
66.5
78.9
95.5
92.4
80.0
71.5
71.4
87.3
94.1
90.2
80.5
73.6
73.2
75.4
82.5
80.3
65.3
70.7
60.4
72.5
106.7
102.6
87.6
72.5
76.9
87.9
94.0
93.5
86.8
74.8
71.7
82.0
101.2
93.5
85.0
80.1
77.7
89.1
90.7
83.4
67.4
54.3
55.9
73.6
82.0
80.4
70.5
64.4
58.9
69.8
98.9
97.2
86.9
77.9
72.1
78.6
142
134
92
63
68
102.4
102.6
82.6
68.
62.5
73.0
93.4
76.8
70.4
83.2
76.9
78.3
79.3
83.5
86.4
77.9
76.6
84.1
82.8
82.1
84.9
86.1
85.0
85.1
85.7
97.0
94.5
93.3
102.0
102.9
97.1
94.3
97.5
77.6
78.0
78.0
77.9
77.8
78.3
78.8
78.7
84.8
85.3
85.2
85.4
85.9
86.1
85.8
85.5
81.2
80.7
78.7
78.6
80.2
81.1
81.2
80.6
73.1
74.2
74.7
74.1
73.0
73.4
74.5
74.6
88.3
88.9
89.3
89.6
90.9
93.6
95.0
95.4
80.6
80.5
80.4
80.5
80.5
80.6
81.0
81.0
86.6
86.9
86.4
86.6
86.6
86.5
86.9
86.8
69.4
70.1
70.2
70.9
71.8
72.9
73.4
73.2
68.7
68.4
67.7
67.3
67.1
67.
67.4
67.5
82.9
82.7
82.6
83.0
83.
83.9
84.3
84.8
108
104
102
106
107
109
108
lie
81.4
81.5
80.2
79.6
80.1
80.5
81.5
82.0
86.1
85.7
85.2
85.7
86.6
87.6
88.0
88.2
78.9
78.3
75.6
73.9
70.6
83.5
83.2
80.1
80.2
78.0
94.9
92.1
89.7
91.0
85.1
78.8
79.0
78.9
78.9
78.8
85.7
85.5
85.3
85.7
85.8
80.5
80.1
79.3
78.5
77.7
75.1
76.1
76.2
76.4
76.0
97.1
96.1
94.9
94.6
94.0
81.4
81.5
81.4
81.5
81.5
86.7
86.7
86.6
86.6
86.3
71.7
71.0
70.8
70.2
69.8
67.8
68.1
68.3
68.6
69.2
84.8
84.4
84.1
84.3
84.6
109
109
104
105
103
81.7
80.6
79.5
79.7
79.9
88. S
88.3
88.1
88.1
88.1
60.1 62.4 66.3 55.2 78.6 86.7 75.3
79.2 86.0 82.6 90.5 77.4 84.8 80.7
77.3 75.5 81.0 90.6 78.9 85.6 79.2
« Middle of month, This is a new
72.2 88.9 81.4 87.3 75.8 68.9
72.9 86.4 80.8 86.0 69.7 69.5
76.0 95.3 81.5 86.6 70.7 68.4
series. See p. 23.
* Index Is for
82
109
106
72.
79.9
80.3
1st of following month.
78.3
82.5
84.4
89.1
86.4
88.2
SURVEY OF CURRENT BUSINESS
Julv 1936
Domestic Trade
in retail sales has been widespread reserve districts over those of a year ago were remarkIMPROVEMENT
in recent weeks. Reports for May reveal sub- ably uniform. Eight out of the 12 districts reported
a gain of 9 percent, 3 reported increases of 10 percent,
stantial gains in sales through retail stores, and these
have been extended further during June. While the and 1 a gain of 13 percent. On the basis of the extent
"bonus" payment, involving the distribution to veter- of recovery from the depression low, however, there is
ans of more than l}{ billion dollars in bonds convert- still a considerable disparity. Sales in the Boston,
ible into cash, has undoubtedly been a factor, the New York, and St. Louis areas have recovered from
expansion is based also on the further rise in consumer 30-40 percent of the loss experienced during the depression; in Philadelphia, Chicago, and San Francisco, the
income derived from current production.
Retail sales so far during 1935, on the basis of the recovery has been between 40 and 50 percent; in Cleveavailable monthly statistics, are estimated to have land, Kansas City, Minneapolis, and Dallas, it has been
exceeded those of a year ago by about 10 percent. If between 50 and 60 percent; in Atlanta the recovery has
this rate of gain continues through the latter half of been nearly 70 percent; and in Richmond, due partly
the year it would mean a total volume of sales through to the unusually sharp gain in May, 85 percent of the
retail stores in 1936 of about $35,900,000,000. This loss had been regained.
compares with a figure of $25,037,000,000 for the year
The department-store figures reflect the trend of
1933, the depression low.
sales in the larger cities. The Bureau's index of sales
In May, department-store sales increased contrary of general merchandise in rural areas, however, reveals
to the usual seasonal movement. The adjusted index an improvement in the nonurban regions also. The
rose to 88, equaling the figure for March which was the seasonally adjusted index rose 3 percent from April
highest reported since August 1931. The best record to May, and for the January-May period sales were
for the April-May period (on a seasonally adjusted
10.5 percent ahead of a year ago. This gain is only
basis) was in the Richmond district, with the middleslightly
larger than the increase of 9 percent reported for
western districts as a group showing the next best
the
department
stores. Sales of general merchandise
gains. The increases in the eastern districts were moderate, while declines were shown for the two southern in rural areas have more than doubled in comparison
districts of Atlanta and Dallas and the west coast area. with the depression low, while sales of reporting departFor the 5-month period January-May, the percent- ment stores have increased 54 percent on the same
age gains in department-store sales in the various basis of comparison.
DOMESTIC TRADE STATISTICS
Wholesale
trade
Retail trade
Department stores
Year and month
Sales
Stocks«
Unad- Adjust- justed*
ed ^
Unad- Adjust- justed i
ed J
Monthly average, 1923-25 = 100
1929:
1930:
1931:
1932:
1933:
1934:
1935:
1936:
May
May
May
May
May
May
May
June..
July
August
September
October
November.
December
_..
January
February
March
April
May
Monthly average,
through May:
1934
1935
1936
January
Chain-store sales
Combined
index *
Rural sales
New passenGeneral
mer- ger-car sales
Variety stores
chandise
Unad- Ad- Unau- Ad- Unad- Adjust- just- just- just- just- justed i
ed i
ed i
ed i
ed »
ed'
Avg. same
rno. 192931 = 100
Employment
Pay
rolls
Monthly average, 1929=100
Monthly average, 1929-31 = 100
109
105
97
72
67
77
109
105
97
72
67
77
101
98
85
69
56
68
108.5
97.7
97.0
82.9
78.1
90.0
108.5
97.7
97.0
82.9
78.1
90.0
109.5
99.0
80.6
60.6
60.9
74.9
116.5
105.3
85.8
64.5
64.8
205.0
141.4
94.3
52.1
59.9
78.1
146.0
100.5
67.0
37.0
42.5
55.5
99.0
96.6
86.3
76.6
72.2
82.8
99.0
96.9
83.2
67.1
53.8
62.6
76
76
55
61
86
86
91
145
76
80
80
78
81
77
81
84
66
61
57
60
67
72
75
61
100
100
103
86.0
86.1
82.0
79.3
87.7
93.4
95.1
178.4
86.0
90.7
92.1
89.6
91.8
92.0
93.7
96.7
87.6
94.2
74.7
79.8
103.7
127.6
127.6
155.9
93.1
99.7
97.0
92.8
104.8
104.6
103. 7
109.8
98.4
104.9
89.1
80.2
50.1
53.3
96.6
90.6
70.0
78.5
81.0
75.0
79.0
82.0
113.5
106.5
82.5
82.1
82.1
82.7
83.7
85.7
86.4
64.6
64.6
64.6
64.8
67.2
66.8
66.9
63
66
77
85
88
79
80
88
81
88
58
62
67
68
67
97
99
101
102
103
67.7
73.5
80.3
95.7
96.8
90.8
87.9
93.3
95.2
79.9
84.2
99.2
105. 5
106.5
96.3
93.0
106.7
109.9
113.3
69.3
65.5
117.8
141.1
137.7
102.0
89.5
101.0
93.0
92.5
85.6
85.0
85.6
85.7
84.6
65
63
64
91
94
100
80.6
80.0
82.8
81.7
83.7
85.3
68
76
* Corrected to daily average basis.
5 Series revised. See p. 32.
1
Commercial
failures»
Adjusted for seasonal variations.
71.8
86.
95.1
» End of month.
60.6
87.9
106.3
Fail-
Liabilities
Num- Thouber ofsands
dolls.
1,004
944
902
884
787
1,056
898
910
44, 646
20, 787
14, 339
12, 918
16, 523
13, 266
17,002
17,185
14, 384
15, 686
69.0
67.9
68.2
1,077
856
946
830
832
18,104
14,089
16.271
14,157
15,375
61.8
64.6
67.7
1,073
1,026
908
22, 693
15,210
15, 599
< See note on p. 26 of this issue.
1,846
SURVEY OF CURRENT BUSINESS
July 1936
Employment
ASED on data collected from more than 135,000 in evidence for the last 18 months, the index of emB
manufacturing and nonmanufacturing establish- ployment for the durable-goods industries in May
ments, the Bureau of Labor Statistics estimates that reached 79.1, a gain of 1.9 percent over April, and the
over 91,000 more workers were employed in mid-May
than in mid-April in the industries covered by their
monthly surveys, and that weekly pay rolls were
$6,900,000 larger. This was the third consecutive
monthly gain in the number at work in these industries,
but the increases have not yet sufficed to restore
employment in the reporting industries to the level of
last December when the number at work was increased,
as usual, by the large number of temporary jobs in
retail stores. If, however, account is taken of employment changes since December in agricultural workers
and certain others not covered by the Bureau's statistics, there can be no doubt that the number employed
in May attained a new peak for the recovery period.
In the manufacturing industries, employment in
May increased 0.6 percent over April instead of declining as is customary at this season of the year.
The number at work in factories was larger than at
any time since October 1930, on a seasonally adjusted
basis.
The difference between employment in the durable
and nondurable goods industries, as related to the
1923-25 average, has lessened in recent months. Continuing the irregular upward trend which has been
highest monthly figure since October 1930, while the
index of employment in the nondurable goods industries receded 0.5 percent to 92.6. A year ago, these
indexes were 71.4 and 91.8, respectively.
Of the 90 manufacturing industries surveyed regularly by the Bureau, 51 showed employment gains in
May as compared with April, while for 65, pay rolls
were larger. Numerous employment gains of a
seasonal character were reported, including those in
the industries allied to building construction. Contraseasonal gains were experienced in the blast furnacesteel works-rolling mill industry (2.9 percent) and in
furniture plants (1.2 percent).
Among the 16 nonmanufacturing industries from
which data are regularly collected, 12 reported increased
employment in May as compared with April. Seasonal
gains took place in employment in private building
construction, quarrying, dyeing and cleaning, and
laundries. The 5.7-percent rise in the number at
work in metal mines was an extension of the increases
reported in each of the past 10 months. Employment
in retail-trade establishments was about the same as
in April, when the number of workers was augmented
in response to spring and Easter shopping.
STATISTICS OF EMPLOYMENT, PAY ROLLS, AND WAGES
Factory employment
and pay rolls
Employment
Year and
month
Pay
rolls
Picturing employment and pay rolls
Nonmanufacturin
(Department of Labor)
Anthracite
mining
EmUnad- Ad- Unad- ployjusted justed* justed ment
Pay
rolls
Bituminous
coal mining
Electric light
and power
and manufactured gas
Employment
Employment
Monthly average,
1923-25 = 100
1929: May
1930: May
1931: May
1932: May
1933: May
1934: May
1935:
May
June
.__
July—
August..
September
October
November
December
1936:
January,
February
March
April...
May
Monthly average,
January through
May:
1934._
1935—
1936.-.-
Pay
rolls
Pay
rolls
Wages
Telephone
and telegraph
Eetail trade
Employ- Pay
ment rolls
Employ- Pay
ment rolls
TradeUnion
members employed
Percent
of total
members
Monthly average, 1929=100
Common
labor
rates
(road
Average Average buildweekly hourly ing) 3
earnings earnings
Factory *
Cents
per
hour
Dollars
105.3
94.8
80.1
63.4
62.6
82.5
105. 4
94.9
80.3
63.7
62.9
82.6
112.9
95.4
73.4
46.8
42.7
67.1
103.7
93.8
80.3
66.9
43.2
63.8
99.0
98.8
76.1
58.0
30.0
64.0
96.6
90.4
82.4
62.6
61.2
76.7
91.9
77.5
54.4
30.7
26.9
54.4
98.4
103.4
97.6
84.0
76.9
83.1
98.1
104.5
98.7
84.2
69.9
77.6
100.4
99.7
87.4
80.6
70.1
70.2
99.4
103. 2
94.1
82.8
68.5
71.4
98.6
98.8
90.8
77.2
72.1
82.9
98.2
99.4
86.8
65.5
51.3
61.5
28.90
26.71
24.26
17.03
16.83
20.80
0.591
.592
.571
.508
.453
40
40
37
32
33
40
81.2
79.7
79.7
82.0
83.7
85.3
85.0
84.6
81.4
80.1
80.6
81.8
81.9
83.7
84.8
85.6
68.5
66.4
65.4
69.7
72.2
75.0
74.5
76.4
53.5
56. S
49.4
38.7
46.0
58.8
46.6
57.3
49.5
66.0
37.5
28.3
38.2
55.9
28.4
55.4
75.3
77.9
70.0
73.4
77.1
74.3
76.1
79.1
49.1
64.7
35.9
45.8
60.1
69.8
65.5
69.5
83.3
83.9
84.8
86.8
86.9
87.4
87.6
86.8
79.8
79.8
81.5
82.8
84.5
84.4
83.4
86.0
70.0
70.2
70.3
70.5
70.4
70.0
69.8
69.6
73.7
74.4
75.7
75.5
73.8
74.9
74.9
75.6
82.2
82.2
79.3
78.0
81.8
83.8
84.6
92.9
62.0
62.5
60.5
59.3
62.5
63.2
63.4
69.3
21.76
21.46
21.75
22.32
22.58
23.12
23.31
23.47
.599
.599
.598
.601
.601
.602
.604
.605
41
42
42
42
42
42
42
41
82.9
83.1
84.1
85.1
85.6
84.8
83.8
84.2
84.9
85.7
72.7
72.7
76.3
77.9
79.2
59.1
61.2
52.5
49.8
54.9
54.4
76.7
42.6
28.6
56.3
79.8
80.2
80.4
77.4
76.2
70.6
78.4
70.2
62.1
62.2
86.1
86.1
86.9
88.2
88.9
84.8
84.7
86.1
86.6
87.0
70.1
69.9
70.2
70.8
71.6
75.0
76.2
77.2
76.0
78.5
80.4
79.7
81.9
85.3
85.1
62.1
61.6
63.5
65.4
65.8
23.09
23.09
23.20
23.78
24.08
.600
.606
.610
.612
.614
40
38
37
38
62.7
68.7
75.8
63.4
57.0
55.5
67.4
52.0
51.7
75.7
78.5
78.8
54.1
57.5
68.7
82.1
82.6
87.2
75.6
78.9
85.8
70.1
70.0
70.5
69.5
73.8
76.6
81.3
80.9
82.5
60.1
60.8
63.7
20.16
21.85
23.45
.568
.597
.608
79.4
81.3
84.2
1 Adjusted for seasonal variation.
2 National Industrial Conference Board.
3
Beginning 1935 data compiled from Public Works projects, prior years from Federal aid and State projects.
40
39
8
SURVEY OF CURRENT BUSINESS
July 1936
Finance
other developments of the Holdings of other securities increased $62,000,000 in
OVERSHADOWING
month were the Treasury operations, resulting the week ended June 17. From the middle of May to
in a cash and paper turn-over on June 15 which
was probably the largest in peace-time history. The
turn-over, according to a Treasury announcement,
approached $6,000,000,000 and included receipts on
account of the cash subscriptions to the 2% percent
1951-54 bonds and the 1% percent notes amounting to
$1,106,000,000; the retirement of maturing notes aggregating $1,025,000,000 and the issuance of new securities in exchange; and the issuance to veterans of bonds
with a face value of approximately $1,600,000,000.
The activity of the Treasury was reflected by the
usual changes in items in the statements of the Federal
Reserve banks and of the reporting member banks.
Member-bank balances showed increases during May
and early June due to gold imports and expenditures
by the Treasury of its deposits with the Federal Reserve banks. The mid-June financing, which added
over $1,000,000,000 to the Treasury's holdings of cash,
the income-tax payments, and the cashing of the
veterans' bonus checks were mainly accountable for
the sharp drop in excess reserves of member banks.
The Treasury's holdings of cash and deposits with the
Federal Reserve banks rose $964,000,000 in the week
following the financing, while the total of money in
circulation rose $111,000,000. The latter was due in
large measure to the bonus payments.
As a result of the subscriptions to the Treasury's
offering, the combined statement of the weekly reporting member banks showed a sharp increase in the
holdings of United States Government obligations.
the middle of June "other" loans, which are mostly
business loans, rose $49,000,000. During the same
period the combined effect of increased security loans,
commercial loans, and investments in Government and
other securities was to increase the total volume of
loans and investments by $839,000,000.
Private financing was also undertaken in considerable volume during June. No change is apparent in the
market for new issues; in general, the securities offered
have been absorbed by investors, despite the low
coupon rates. The recent issues are largely for the
purpose of refunding existing obligations.
Prices of listed securities have displayed a firm tone
during June. Some of the more sensitive stock price
indexes have advanced to a high for the recovery
period, although Standard Statistics' index of 419
stocks as of June 24 was still somewhat under the peak
established in April at the climax of a year-long advance. The market has been stimulated by the improvement in business during the second quarter,
which will be reflected in the earnings statements
made available in July and August. Numerous dividend increases have been announced, causing Moody's
index of dividend rates to continue its steady upward
movement. The volume of trading in stock has remained low throughout the month.
Bond trading has also been in relatively small volume in June, with representative bond indexes tending
to move slightly higher.
FINANCIAL STATISTICS
Reporting m e m b e r
Net
Total
banks, Wednesday Federal bankgold
closest
to
end
of
Reserve
imac- ports
Bank
month
bank ers'
ceptdebits
Money
incredit ances
outside
in
cluding circuoutoutNew
Loans
stand- standgold
InYear and month York
All
lation
on
ing, released
vestCity
securi- other
end of end
of from
loans ments month
ties
earmonth mark
Savings
deposits
Bond
Stock prices,
New
prices
York
New
(421)
Stand- Stock capital
Exissues
ard
New Postal
change
York Sav- Statis(dotics
State ings
mestic)
Thous.
Millions of dollars
1929:
1930:
1931:
1932:
1933:
1934:
1935:
May
May
May
May
May
May
May
June
July
August
September
October
November
December
January
February
March
April
May
-
1926=100 Dollars of dollars
97.21 1,073,508
187.8
97.90 989, 922
170.5
94. 88 334,140
98.0
73.57
90. 897
39.8
84. 73
43, 594
62.9
92.32
71.8
99, 788
Average
Interest
divirates,
dend
comper
mercial
share
paper
(600
(4-6
com- months)
panies)
Dollars
26,492
24, 388
18,858
12.498
11, 509
14,105
7,112
8,421
6,867
4,907
3,876
3,650
9,090
8,416
7,863
6,724
5,076
4,863
5,798
5, 889
7,806
7,385
8,232
9,825
1,360
1,049
917
2,096
2,218
2,463
1,107
1, 382
1,413
787
669
569
39.8
25.5
53.6
-217.7
23.7
34.1
4,684
4,497
4,679
5,456
5,876
5,355
4,418
4,505
5,083
5,243
5,113
5,090
154
171
325
743
1,180
1,197
15,557
15, 808
16, 550
15, 536
15,016
16,844
16, 685
18, 676
3,156
3,208
3,076
3,009
3,095
3,006
3,108
3,274
4,955
4,829
4,735
4,808
4,935
4,896
5,044
4,975
11, 676
11, 791
12,034
12, 022
12,390
12, 476
12,480
12,646
2,469
2,480
2,465
2,485
2,477
2,482
2.480
2,486
375
343
321
322
328
363
387
397
138.5
231.4
15.8
47.8
157.7
313.5
211.1
191.3
5,507
5,522
5, 550
5,576
5, 651
5,704
5,770
5,897
5,152
5,187
5,161
5,152
5,179
5,161
5,154
5,187
1,205
"., 205
,189
,192
,192
,196
,199
,201
76.0
79.4
83.3
85.0
86.1
94.2
95.7
73.1
92.81
93.94
94.12
93.07
92.65
92.84
93.69
94.47
81,764
55,457
127,127
148,210
172,745
148,462
119,794
221, 207
1.29
1.29
1.30
1.33
1.34
1.35
1.40
1.41
17.499
15,766
17,867
17, 497
16,998
3,128
3,117
3,313
3,304
3,486
4,871
4,842
5,079
5,039
5,140
12, 996
13,047
13, 229
13, 452
13,522
2,479
2,482
2,473
2, 475
2,474
384
377
359
344
331
43.9
-26.1
6.4
27.9
166.7
5,757
5,779
5,857
5, 892
5,918
5,177
5,177
5,204
5,175
5,165
,208
,214
,216
1, 215
101.7
106.7
108.7
106.6
101.9
96.16
97.22
97.26
96.69
97.38
115,253
106,739
129,527
176, 672
111,571
1.42
1.45
1.46
1.47
1.50
i Net exports indicated by (—).
2.99
2.41
1.48
1.06
1. IS
Percent
2-2H
9
SURVEY OF CURRENT BUSINESS
July 1936
Foreign Trade
Nonagncultural exports were valued at 32 million
increased 4 percent from April to May,
EXPORTS
contrary to the usual seasonal trend, while imports dollars more than in May 1935. Exports of refined
mineral oils and of metals and metal manufactures,
receded 6 percent, or approximately the estimated seasonal change. These shifts resulted in a net merchandise export balance of $9,556,000, the first reported
since January. In April, the excess of imports
amounted to $10,160,000 and in May 1935, the import
balance was $5,074,000.
Allowing for normal seasonal influence, exports
reached 56 percent of the 1923-25 average in May, the
highest level attained since May 1931 with the single
exception of last November. Imports, after seasonal
allowance, were 58 percent of the 1923-25 average,
unchanged from the preceding month.
Although increases in exports in May over those of
a year ago were chiefly distributed among the nonagricultural products, agricultural exports were approximately $5,000,000 larger in value. Raw cotton
shipments increased 3% million dollars while fruits and
miscellaneous agricultural products, such as oilseeds,
refined sugar, and vegetable oils, increased approximately 2 million dollars. Exports of meats, animal
fats, and grains showed some increase compared with
the preceding month, but they were smaller in value
than in May a year ago. Unmanufactured tobacco
exports were slightly larger in quantity but smaller in
value than in May 1935.
each increased approximately 5 million dollars. Machinery exports, including electrical apparatus and
agricultural implements, increased about 8 million
dollars, while automobile exports, including parts and
accessories, increased 4 million dollars. Widespread
gains among the other major groups of export commodities (many of considerable size) account for the
10-million dollar increase in all other nonagricultural
commodities combined.
The increase in imports for consumption, as compared with May a year ago, was approximately 22
million dollars. Nonagricultural imports increased
approximately 14 million dollars, agricultural raw
materials increased about 8 million dollars, sugar and
related products about 6 million dollars, beverages
about 1 million dollars, while grain, feeds, dairy products, and animal fats, declined nearly 5 million dollars.
In May, for the first time this year, vegetable oil and
oilseed imports were smaller in value than in the corresponding month of last year. Meat imports continued
to be slightly larger in value than in 1935.
During the first 5 months of the year imports of
nonagricultural products increased 18 percent and
imports of agricultural products increased 14 percent.
EXPORTS AND IMPORTS
Exports of United States merchandise
Indexes
Year and month
Value Value
of
of
total total
eximports, ports,
adadjusted* justed*
Exports,
ineluding
reexports
Crude
materials
Total
Total
Raw
cotton
Finished
manufactures
Food- Semistuffs, mantotal ufactures
Monthly average, 1923-25-100
1929: May
1930: May
1931: May
1932: May
1933: May
1934: May
1935:
May
June
July
August....
September,.
October
November.
December
936:
January
February
March
April___
May
.
Cumulative, J a n u a r y
through May:
1934
1935
1936
Total
AutomoMa- biles,
chin- parts
ery
and
accessories
121
86
55
34
32
47
385.0
320.0
204.0
131.9
114.2
160.2
377.1
312.5
199.2
128.6
111.8
157.2
57.4
40.7
36.5
29.8
35.0
38.0
32.6
19.0
18.9
17.7
26.1
17.6
57.1
42.8
29.4
20.0
13.0
16.8
59.8
49.9
29.9
18.2
17.6
26.2
202.7
179.0
103.4
60.5
46.2
76.2
48.1
49.7
26.5
11.3
43.3
29.3
14.3
9.1
7.9
7.4
17.0
46
50
52
49
50
48
62
56
52
51
59
54
53
58
52
58
165.5
170.2
173.4
172.2
198.2
221.2
269.3
223.5
159.8
167.2
168.0
169.8
195.5
218.1
266.7
221. 0
36.9
40.6
38.3
40.9
68.7
82.6
112. 7
82.7
19.4
23.4
19.2
16.6
31.8
45.9
75.1
56.8
15.4
15.5
15.3
15.6
22.4
23.7
26.8
19.7
26.4
28.9
28.1
31.0
29.3
* 30.3
34.3
31.7
81.0
82.2
86.2
82.2
75.2
81.5
93.0
86.9
51
53
51
53
56
57
60
55
58
198.0
181.8
194.8
192.6
200.7
195.1
179.2
192.1
189.4
196.9
59.8
50.1
44.5
40.4
43.6
35.7
26.6
26.3
22.8
23.9
15.9
14.8
16.8
14.2
15.9
28.6
28.3
32.1
33.8
35.1
»45
3 45
3 45
3 52
3 60
865.5
854.0
967. S
850.3
836.3
952.7
253.6
216.4
237.4
155.9
122.3
134.3
97.0
77.0
77.6
136. 3
136.1
158.0
3 51
Total
Crude Food- Semlmanmaterials stuffs ufactures
Finished
manufactures
Millions of dollars
108
90
57
37
32
45
» Adjusted for seasonal variations.
77024—36
2
Imports)
20.6
400.1
284.7
179.7
112.3
106.9
147.5
141.7
86.6
54.2
28.4
24.9
42.9
88.9
76.3
49.6
37.2
40.1
46.9
85.9
53.4
30.4
17.2
18.3
26.8
83.7
68.4
45.5
29.5
23.6
30.8
22.2
20.6
23.3
23.9
20.5
23.5
25.5
22.5
18.6
20.1
19.4
15.7
13.3
14.1
21.9
19.7
166.8
155.3
174.2
180.4
168.7
189.7
162.8
179.6
44.4
43.7
53.0
50.2
49.8
55.4
46.0
55.7
55.0
49.4
56.5
63.6
44.4
51.7
43.9
44.8
33.6
31.7
32.1
31.3
38.4
38.6
36.3
42.8
33.9
30.4
32.5
35.4
36.0
44.0
36.6
38.3
90.8
86.1
98.7
101.0
103.3
25.5
24.6
27.9
30.7
29.6
22.1
22.1
24.0
23.0
33.5
186.4
189.6
194.3
199.8
188.4
58.4
58.6
57.7
62.1
55.1
55.3
60.3
63.6
65.7
55.8
39.7
40.1
36.1
37.6
38.5
33.0
30.6
36.8
34.4
39.1
363.4
406.8
479.8
83.5
105.7
138.3
86.7
103.3
113.7
696.1
829. 3
958.4
202.1
229.0
291.9
218.9
287.9
300.7
131.1
158.1
191.9
144.0
154.3
173.9
* General Imports through December 1933; imports for consumption thereafter.
* Monthly average of unadjusted indexes.
10
SURVEY OF CURRENT BUSINESS
July 1936
Real Estate and Construction
T
HE improvement in the construction industry this 1933, the percentage without work was 72 and, of the
spring has resulted in a drop in the percentage of 28 percent with jobs, half were working part time.
unemployed members of the building trade unions
The F. W. Dodge Corporation statistics on confrom 52 percent of the total at the midwinter seasonal struction contracts indicate that awards during May
low to 34 percent in May, and probably to a smaller were less than in April, with both publicly financed
percentage in June. The May figure indicates the high- and privately financed contracts declining. For resiest level of employment among union building workers dential construction, however, there was a further
since 1929, a rather surprising fact when consideration increase in the value of awards, due mainly to the inis given to the much lower volume of building opera- crease in the apartment classification.
tions this year than in the earlier period. NevertheReports on the real-estate market indicate continued
less, at the seasonal high in 1930, sample data of the improvement in rental and vacancies. These reports
American Federation of Labor show that 37 percent receive some verification from the increase in house
of the total membership of the building trade unions rents. The National Industrial Conference Board
were unemployed, or 3 percent more than were idle in index of rents has risen nearly 4 points since last
May of this year. I t is also interesting to note that December (from 73.4 to 77.1); this is the widest
in 1928, the peak year of building operations (see the advance made in a similar period since the index
article in the April 1936 issue of the SURVEY), the turned upward in 1934.
number reported as unemployed averaged 27 percent of
The statistics on the lending activities of the buildthe total membership and in May 1928 the figure was ing and loan associations for April provide some inter25 percent.
esting comparisons. Of the total mortgage loans on
No doubt the number of persons employed part time 1- to 4-family homes by all reporting associations in the
represents a larger proportion of the total at present United States 25 percent were for construction, 31 perthan in these earlier periods, but the American Federa- cent for home purchase, 35 percent for refinancing, and
tion of Labor statistics do not separate the part- and 9 percent for repairs and reconditioning.
full-time workers prior to 1931. In May 1936, 35 per- Detailed statistics, by States, have been compiled
cent of the total membership were on full time and 31 by the Home Owners Loan Corporation and published
percent on part time. At the depression low in March in its monthly bulletin.
BUILDING MATERIALS, CONSTRUCTION, AND REAL ESTATE
Building-material shipments Highways Con- Loans outstanding
under
construc- strucRealtion
tion
estate
costs,
forePub(National!
Home
Eng.
PubCom- LumOak
lic
cloCeIndus- News- Owners' Homelic
mon
floor- ment
loan sures
utili- works
ber
Loan
trial
Recbrick
ing
ties
Corp. banks
Recovery ord'
Act)
Construction contracts awarded
Tear and month
F. R. B.
All types of
index
construction
adjusted »
Monthly
Num-
121
105
65
26
16
26
19, 422
14, 331
11, 506
7,513
9, 409
9,151
27
30
35
38
43
48
60
67
average,
1923-25=
100
1929:
1930:
1931:
1932:
1933:
1934:
May
May
May
May
May
May
Residential
building
MilMillions of lions
of
square dollars
feet
Millions of
dollars
Thous. ThouThou- Mills,
of ft. sands of
ft.
sands b.of m.
b. m. barrels
134
192.0
116. 6
88.9
25.6
26. 5
24.8
47.5
42.7
19.1
3.8
5.6
5.6
120. 5
111.5
90.5
57. 9
13.4
51.2
64,515
1,480
12, 939
14,549
9..813
10, 501
10.450
10, 929
10, 655
9,978
11,385
9.256
8,249
127
148
159
169
167
201
188
264
13.1
13.7
13.1
11.8
12.0
16.8
12.3
11.9
44.9
49.8
48.4
40.5
41.8
55.1
39.7
45.1
5.4
9.1
13.8
4.4
12.5
11.2
10.7
18.1
26.0
30.0
40.1
65.1
63.7
75.1
69.6
76.4
83,076
88,324
93,608
95,940
91,127
117,031
95, 673
73,586
1,681
1,415
1,614
1,761
1,643
1,782
1,489
1,331
18, 306
17,732
18,374
17,864
17,402
23,475
19, 547
19,497
61
52
47
47
46
7,724
6,442
10,514
13, 338
13, 242
205
142
199
235
216
10.3
9.1
15.6
19.7
20.5
37.4
31.2
55.2
67.2
70.3
17.9
11.9
18.1
23.8
12.8
58.9
36.3
44.2
49.7
50.8
56, 471
44, 736
109, 641
153, 780
1,569
1,467
1,688
1,932
1,821
20, 395 3, 889
3,156
23,081
28, 479 7,138
29, 483 9,089
28,579 11,121
27
50
7,684
8,518
10, 252
145
110
199
5.3
8.8
15.1
21.0
31.7
52.2
11.2
6.4
16.9
66.1
31.7
48.0
3 46, 839 ! 1.288 j 9,250
3 53, 551 j 1,418 | 13,008
3 91 225 ^ 1,695 i 26,003
45, 837
30, 295
27, 745
Monthly average,
1913=
100
Number
Thousands of
dollars
205.2
205.9
189.3
16,706 I
17, 224
40.3
23.5
21.9
6.7
8.4
6.2
457
306
146
Thousands of
dollars
14, 200
8, 020
6,709 i
8,784 ' 228, 460
152.8
164.4
199.6
38, 932
85,342
17, 002
19, 594
16,680
2,620,119 75, 836
2, 660, 677 79, 233
2, 702, 247 80,877
2, 747, 022 86,025
2, 788, 203 90, 432
2,838, 086 95,595
2,886, 013 97,089
2,940, 029 102,795
17, 441
17,246
15,835
14,964
14,470
14,398
12,888
13, 221
2, 984, 438
3, 014, 423
3, 040, 137
3, 060, 029
3,083,312
12, 560
11,794
13.245
13,126
815, 562
1935:
May
June
July
August
.__
September
October
November
December
1936:
January
February
March
April
May
M o n t h l y average,
January through
May:
1934
1935
1936..
_...
]
Based
on 3-month moving average and adjusted for seasonal variations.
2
7,428
7,632
7,813
8,105
7, 799
8,794
5,976
4,514
5,325
4,860
6,879
194.1
191,522
194.8
185,044
195.2
170,846
195.1
149, 047
195.1
126,211
102,246 ! 195.1
88,776 ! 194.9
74,700 | 194.9
65,390
61,015
59,593
56,484
50,197
230, 208
170, 208
58, 536
!
i
j
|
|
199.5
201.2
201.2
202.2
203.4
195.0 !
195.5 j
201.5 I
Index is as of 1st of month, June 1, 1936, 204.6.
102,800 I
102, 942
103, 358
150, 972
110,922
!
|.
3
3 15,508
. . ! 3 17,224
__j 3 12,681
4-months' average.
SUEVEY OF CURKENT BUSINESS
July 1936
11
Transportation
significant developments of the month index for the month is expected to advance 1 point
ONEwasofthethedecision
of the Interstate Commerce above the May figure of 70 (1923-25= 100). Thus, for
Commission extending the emergency freight sur- the first 6 months of the year the adjusted index has
charges, with some downward revisions, until the end shown practically no variation, excepting the tempoof 1936. According to present estimates, the reduc- rary recession in March caused by floods.
tions will not seriously affect the probable revenues
In comparison with the first half of 1935, the increase
to be derived from the surcharges, excepting possibly in loadings this year has been about 9 percent. It may
those of some of the eastern roads with a heavy volume be noted from the chart on page 2 that the current volof coal traffic. In extending the emergency rates for ume of traffic is still about 34 percent under the 1929
6 months only the Commission stated: "* * * that level, and that the index of 1. c. 1. loadings has remained
the emergency charges played a part in diverting con- around the depression low reached in March last.
siderable traffic from the rail carriers we think is
established by the record * * * to grant the appli- With the moderate improvement in traffic this year
cant's petition and permit continuance of the charges the railroads have been able to reduce their losses to
indefinitely would no doubt bring about considerable a figure much below that reported in the first half of
additional diversion * * *." The Commission 1935. Complete figures are available only through
further observed that " * * * it should be definitely April and hence do not reflect the improvement in the
understood that we adhere to the view that general past 2 months. Nevertheless, for the 4 months ended
rate increases, particularly for indefinite duration, are April 30, the class I railroads reported a net loss before
an inadequate and dangerous method of meeting cur- depreciation charges of $30,218,000, compared with
rent problems of the railroads. The extension is $51,527,000 in the first 4 months of 1935.
permitted only because other and more permanent
While railroad purchases of equipment have slackavenues of improvement in the railroad situation, ened during June, one western road placed orders for
principally for causes beyond applicant's control, have 2,970 freight cars and 20 baggage cars. Orders were
not had time enough as yet to operate effectually." relatively large in May. On June 1, the class I roads
Freight traffic continues to gain but slowly. The had on order 25,748 freight cars, the largest total as of
rise during the first 3 weeks of June has been in line that date since 1930. On June 1, 1935, the total was
with the usual seasonal change; the seasonal adjusted I only 1,479 cars.
RAIL AND WATER TRAFFIC
Freight-ear loadings
F. li. B. Index
Year and month
Unad- Adjusted1 justed:
Total
MerGrain
Coal Forest and Live- chanand prodstock
dise
prodcoke ucts ucts
I. c. I.
Monthly average, 1923-25=
100
1929: M a y
1930: M a y
1931: M a y
1932: M a y
1933: M a y
1934: M a y
1935:
May
June.
—
July
August
September
October.-.
November
December
1936:
January
February
March
April
May
M o n t h l y average, January through May:
1934
1935
1936
http://fraser.stlouisfed.org/
i Daily average basis.
Federal Reserve Bank of St. Louis
Ore
Pullman
Freight- passencar
gers
Mis- surplus carcelried
laneous
Thousands
Thousands of cars 4
Financial statistics, class I
railways
Operating
revenues
Canal traffic
Netrail- Sault New
wayop- Ste.
York Panamas
erating
income Marie State
Thousands of
short tons
Thousands of
dollars
109
97
79
53
55
63
107
96
79
54
55
63
1, 036. 5
917.3
744.0
507.1
531.2
605.2
167.2
145.3
119.0
75.4
84.7
113.3
68.6
51.7
33.0
18.2
21.4
25.1
38.0
37.5
35.6
28.0
36.6
27.9
25.7
23.0
19.9
16.6
16.3
16.2
257.2
240.6
218.8
176.6
162.1
160.7
71.5
57.2
20.0
2.5
8.1
22.6
408.4
361.9
297.7
189.7
202.0
239.4
223
442
616
751
553
355
2,590
2,351
1,900
1,270
951
1,122
531, 823 101, 332 13, 930
457, 570 67, 793 11, 320
364,803
40, 742 4,335
251, 922 11, 666 1, 568
255. 241 41, 043 3,490
282, 039 39, 699 5,745
61
63
60
64
70
73
67
62
61
63
58
60
62
64
66
71
577.6
607. 0
557. 2
620.4
657. 9
720. 5
635. 9
579.6
107.8
130.2
84.3
103.5
117.8
143.4
132.3
138.8
24.9
26.3
26.4
HO.3
30.9
31.6
27.5
25.9
25.2
25. 4
30.0
42.2
40.6
37.0
31.3
27.3
12.6
10.2
9.9
12.9
17.4
21.6
16.9
12.8
154. 9
153. 5
150.2
159. 6
160.3
165.9
157. 6
146. 6
27.0
31.8
32.8
34.1
33.8
32.4
13.4
5.2
225.3
229. 6
223.6
237. 8
257.1
287. 5
256. 9
223.1
305
272
296
245
229
208
252
271
1,146
1,309
1,286
1,425
1, 364
1,278
1,246
1,409
279, 528
281, 336
275, 349
294, 018
306, 960
341, 018
301,331
296,225
63
65
62
66
71
70
70
66
69
70
588.3
627.0
604. 7
636.2
670.4
166. 0
192.1
112.5
118.2
119.6
26.0
26.9
30.5
30.3
32.3
30.2
30.2
34.0
30.6
31.1
13.1
10.6
11.9
12.4
12.3
141.4
146.0
155.6
161.8
158.9
5.6
5.7
6.0
8.9
37.4
215. 9
215.6
254. 2
274. 0
278.7
231
171
205
179
185
1, 533
1,359
1, 312
1,353
587.8
577. 0
627.4
134.2
129.0
141.1
22.8
24.0
29.3
28.7
25.9
31.2
15.6
12.7
12. 0
160.8
154.5
152.7
8.4
10.2
13.5
217.2
220.7
247.6
378
315
194
* Adjusted for seasonal variations.
» American vessels, both directions.
Thous.
of long
tons
393
402
457
415
542
550
1,206
1, 116
937
662
783
1,008
39,599
34, 025
26, 851
42, 074
57,359
75, 425
54,234
46,040
5,985
554
7, 058
482
7,503
519
7, 731
576
7,148 | 574
7,454
800
4,087
655
439
0
938
862
715
848
907
983
843
852
299,099
300, 459
308,304
313,410
320,966
35, 765
33,595
35, 206
41, 548
41,842
0
0
0
37
8.710
« 1, 219 269,424
« 1, 254 270, 841
« 1,389 308,448
36, 966
32,134
37,591
* Average weekly basis.
o|
0!
0
228
568
* 4 months' average.
775
813
681
1,023
940
998
849
906
12
SURVEY OF CURRENT BUSINESS
July 1936
Automobiles and Rubber
HILE the trend of automobile production is tributed to the recent sales results, it is, of course,
W
downard and may be expected to continue in impossible to determine, particularly at this early
this direction through the third quarter, June produc- date. That the industry expects to benefit very
tion will record a very considerable gain over the June materially as a result of this transaction is very
1935 total. In fact, if present estimates of a total pro- evident from the comments in the trade press, and
duction of 430,000 units are borne out, the current such purchases may very well cushion the summer
month's production will be the best June total on decline in sales.
record, save that reported for June 1929. Production
Total United States production of automobiles for
has held very steady around 100,000 units a week the first half of the year will not fall far short of 2%
throughout the month with shifts by individual manu- million vehicles, or nearly double the total produced in
facturers largely canceling out with little net effect on the full year 1932. The increase over the first half
the total. The estimated June figure would mean a of 1935 is about 10 percent. The production of
moderate reduction in the seasonally adjusted index of commercial cars, trucks, and road tractors during
production for this month.
the same period established a record for the first half
These manufacturing shifts by individual producers of the year.
have been made to adjust production to current sales Judging by the statistics of crude consumption, acas trade reports indicate that production and retail tivity in the rubber-manufacturing industry in May
deliveries are closely alined. Final data for May re- was maintained close to the high level reached in the
veal that sales in that month were higher than indi- preceding month. In view of the disturbed labor concated by the preliminary registration data. R. L. Polk ditions in the industry, it is possible that part of the
& Co. twice revised upward its May registration total output may be going into manufacturers' stocks, but
as more complete returns from rural areas were received. current data or inventories are not available. In
Based on complete reports, registrations of newApril, stocks of pneumatic casings were about 2,000,000
passenger vehicles amounted to 392,750 units, which less than at the end of April 1935. A year ago, howwas slightly below the April figure, but constitutes the ever, stocks had been built up to an unusually high
highest May figure reported since 1929.
figure. Stocks of crude rubber, both in the United
To what extent the payment of the adjusted service States and abroad, have been reduced very materially
certificates held by World-War veterans has con-since the middle of 1935.
AUTOMOBILE AND RUBBER STATISTICS
Automobile production
F.R.B.
index,
adjusted i
Monthly av.,
192325=100
1929: M a y .
1930: M a y - - - - - 1931: May
1932: May
1933: M a y
1934: M a y
1935:
May
._.
June...
July
August
September..
October
November __
December
1936:
January
February. _ .
March
April,
„
May
Monthly average, January
through May:
1934
1935
1936
Total
Passenger
cars •
Registrations
Passen- Trucks
ger
New
New
compassen- mercial
ger cars cars
New passengercar sales
Pneumatic
tires >
Canada
United States
Year and
month
Automobile
exports
Trucks
Total
Adjusted i
Monthly average,
1929-31=100
Number
Thousands
Unadjusted
Production
Crude rubber
DoDomestic
mestic
conshipsumpments
tion,
total
Thousands
Imports
World
stocks,
end of
month
Long tons
142
101
78
45
77
78
605
420
317
184
214
330
516
361
271
158
181
274
88, 510
58,659
45, 688
26, 539
33, 760
56, 691
31, 559
24, 672
12, 738
8,221
9,396
20,161
28, 417
16,876
8,468
3,604
5,093
16, 054
11,496
9,666
4,496
1,503
2,445
8,612
453, 981
345, 069
247, 727
131, 282
160,225
219, 225
52,838
43, 253
33,489
18,688
20, 925
39,831
205.0
141.4
94.3
52.1
59.9
78.1
146.0
100.5
67.0
37.0
42.5
55.5
6,109
4,574
4,543
3,056
4,151
4,323
5,185
3,960
4,197
3,325
4,077
5,049
44,310
35, 912
34,792
26,861
38, 785
39, 571
51,186
42, 994
35,844
34, 323
26,736
49,938
285, 360
406,137
528,855
627,474
626, 537
689, 239
85
99
94
77
69
93
114
125
361
356
332
237
88
272
395
405
306
294
274
181
56
213
337
343
55, 560
62,158
57, 765
56, 270
31, 443
58, 733
58,145
61, 506
20,702
15, 745
13,069
7,692
5,323
8,313
13,496
13,775
13,604
16, 517
14, 752
10,076
5,622
7,471
22, 491
17,736
6,291
9,753
10, 274
9,997
7,081
7,109
8,038
10, 276
293,199
280,360
285,178
233,851
157,098
148,389
220, 262
237,194
47,968
48, 243
51, 243
50, 355
41, 390
43,243
37, 616
38, 000
98.4
104.9
89.1
80.2
50.1
53.3
96.6
90.6
70.0
78.5
81.0
75.0
79.0
82.0
113.5
106.5
4,050
3,793
3,426
3,234
3,067
3,281
3,238
3,282
3,850
4,061
5,212
3,783
2,621
3,258
3,170
3,311
37,827
33,327
33,109
36,000
34,000
38,192
38,500
38, 648
30,705
32,182
48,131
41, 483
35,707
36,378
26,073
39,812
677,569
671, 525
679,061
684,644
661, 509
655,000
623,300
611,987
110
90
109
124
118
364
288
421
503
461
298
225
344
417
3S6
65,730
62,790
77, 448
85, 642
75,058
13, 302
13,268
17, 974
24,951
20,006
15,867
16,046
18, 921
17, 723
17,737
9,787
9,913
9,999
8,330
10,848
215, 782
176, 668
301, 272
397,190
392,750
43,760
40, 301
51,817
57, 000
62,183
69.3
65.5
117.8
141.1
137.7
102.0
89.5
101.0
93.0
92.5
3,709
2,898
2,947
3,932
3,079
2,545
3,065
3,917
43, 655
33,071
38, 433
46, 707
45,434
33, 921
34,339
34,874
45,830
37,050
600,479
599,355
574, 594
558, 583
532,411
85
113
110
282
372
407
228
311
334
53, 373
61, 734
73,334
13, 636
19,104
17, 900
12, 253
15,807
17,257
8,604
7,311
9,775
154,338
236, 315
296, 732
31,997
41,164
51,012
60.6
87.9
106.3
3, 582
3, 872
3,152
39,102
39, 894
41,460
44,373
51, 792
37, 203
667, 935
683, 546
573,084
1 Adjusted for seasonal
variations.
» Covers varying percentage of industry, see note on p . 65.
<4,415
4
4,333
* 3,372
4
4
4
»Includes taxicabs, see footnote on p . 58.
«4 months' average.
13
SURVEY OF CURRENT BUSINESS
July 1936
Iron and Steel
RICE advances have again operated to increase May orders from domestic concerns were lower than in
P
temporarily the volume of steel output. Orders April, when new business spurted sharply. The May
placed in anticipation of higher third-quarter prices decline was offset in part by a gain in foreign business.
have, with other factors, been sufficient to cause a
gradual increase during June in the weekly rate of ingot
production. Output for the month may be the largest
for the recovery period and second-quarter production
will probably be the best for any 3-month period since
the early part of 1930. The price factor may operate
as a stimulating influence in July since deliveries against
orders placed at prevailing prices will not be completed
in June.
While the continued expansion in production at a
time when consumption by the major steel consumer—
the automobile industry—is declining may be attributed in part to the influence noted above, it is a fact
worthy of particular note that consumption of steel in
many industries is being maintained or actually
increasing. The machinery and electrical equipment
industries, for example, are using more steel. The
index of foundry equipment orders rose to 165 in May
(1922-24=100), a figure 65 percent above that of a
year ago and the largest volume of orders received since
1930, excepting the unusual month of March 1931.
In 1932 these orders had dropped to less than one-fifth
of the average in the base period. Machine-tool orders
show ;a similar large gain over those of a year ago, but
Orders for woodworking machinery have also increased
markedly this year, although the recovery in this
industry has not been so marked as in many other
machinery lines.
The available monthly data on other steel consuming
industries of similar type all record substantial gains
this year. Orders for fabricated steel plate, fabricated
structural steel, track work, electric cranes, and
mechanical stokers have all increased very markedly,
thus providing additional evidence of the gradual
spread of recovery through the "capital goods" industries. At the same time the steel requirements of the
industries producing durable consumers' goods, such
as domestic oil burners, domestic refrigerators, and
vacuum cleaners, have also tended upward.
The steel ingot rate in May was higher than indicated by the weekly estimates, daily output moving
up to 70.91 percent of capacity, against 69.09 in April.
Thus, the estimated daily output for the secondquarter is at the rate of 70 percent of capacity, or 89
percent of the daily average production in 1929. The
seasonally adjusted index of production may be
expected to rise sharply for June, since the usual seasonal movement at this period is downward.
IRON AND STEEL STATISTICS
General operations
EmPay
Produc- ployrolls,
Ex- Imtion,
ment,
unadadports ports
adjusted 1 justed'
justed
Year and month
Monthly average,
1923-25=100
1929:
1930:
1931:
1932:
1933:
1934:
1935:
1936:
May
May
May
May
May
May
May
June
July
August-September
October
November
December
__
_
January
February
March
April
May
Monthly average,
through May:
1934__
1935..
1936
Iron and
steel
January
Production
Furnaces
in
blast
Thousands of long
tons
Number
Steel ingots
Production
Prices
Steel sheets > United
States
Steel
CorpoSteel
ration,
Iron billets,
Steel
finished
New Shipand Besse- scrap
orprodsteel,
mer
(Chiders ments
ucts,
com- (Pitts- cago)
ship- posite ' burgh)
ments
Percent
of
capacity
Thousands
Thousands of
of long
short tons
tons
Long
tens
Dollars per long ton
Finished
steel,
composite
Dollars
per 100
pounds
139
104
67
29
48
85
102.9
94.4
72.6
53.6
50.4
74.3
113.1
97.3
63.7
30.7
29.8
61.3
262
195
95
80
123
242
74
54
37
40
26
29
3,898
3,233
1,994
784
887
2,043
219
180
105
53
63
117
5,286
3,983
2,552
1,125
1,976
3,399
100
74
46
20
34
57
280
205
149
91
144
246
392
266 1,203,916
192 764,178
107 338, 202
119 455, 302
241 745,063
36.53
33.49
31.07
29.34
28.33
32.97
36.00
32.50
29.50
27.00
26.00
29.00
15.38
12.50
8.88
6.40
8.45
10.95
2.56
2.35
2.21
2.17
2.08
2.53
66
66
69
81
83
88
96
103
71.5
71.7
72.4
73.4
74.1
75.9
77.1
77.9
58.3
55.7
52.6
59.4
62.7
65.5
65.1
287
290
297
247
244
238
205
239
48
33
32
31
53
60
57
54
1,727
1,553
1,520
1,761
1,776
1,978
2,066
2,106
91
95
99
104
116
122
120
2,634
2,259
2,268
2,916
2, 825
3,143
3,150
3,073
44
41
39
49
51
53
55
150
129
206
207
196
226
289
203
187
161
152
181
177
221
213
195
598,915
578,108
547, 794
624, 497
614,933
686, 741
681,820
661,515
32. 35
32.42
32.44
32.68
32.82
32.84
33.15
33.31
27.00
27.00
27.00
27.00
27.00
27.00
28.00
29.00
10.06
9.97
10.35
12.38
12.50
12.50
13.00
13.35
2.44
2.44
2.44
2.43
2.43
2.43
2.43
2.43
86
83
83
100
105
77.6
75.9
76.1
77.9
80.0
64.4
65.2
69.9
73.9
76.9
242
214
264
302
315
50
43
57
49
59
2,026
1,824
2,040
2,404
2, 848
117
120
126
144
147
3,046
2,964
3,343
3,942
4,046
175
138
252
190
207
176
210
252
210
721,414
676, 315
783, 552
979, 907
984,097
33.34
33.48
33. 21
33.10
32.92
29.00
29.00
28. 20
28.00
28.00
13.38
14.19
14. 75
14.34
12.88
2.43
2.37
2.36
70
73
91
69.2
70.7
77.5
51.2
57.6
70.1
207
261
267
29
30
52
1,574
1, 649
2,188
100
96
131
2,668
2, 757
3,468
214
203
189
181
206
211
538, 712
595,178
829, 057
31.89
32.42
33.21
26.75
27.00
28.44
11.27
10.69
13.91
i Adjusted for seasonal variations.
Pig iron
i Black, blue, galvanized, and full finished.
3 See table on p. 19 of the January 1935 issue.
2. 43
2. 36
2. 37
2.44
2. 3S
14
SURVEY OF CURRENT BUSINESS
July 1936
Expansion in the National Income Continued in 1935
By Robert R. Nathan, Chief, Income Section, Division of Economic Research
income in each of the 12 major industrial services in the form of labor, management, and the
IARGER
divisions into which the industries of the Nation furnishing of capital. The payments to, or receipts by,
J
have been classified served to increase the total national
income produced to 53 billion dollars in 1935, or 4.6
billion dollars more than in 1934, and to increase the
national income paid out 3.4 billion dollars to a total
of 53.6 billion dollars in 1935. The substantially larger
rise in income produced than in income paid out led to
a reduction in negative business savings 1 from 1.8
billion dollars in 1934 to 0.6 billion dollars in 1935.
In each industrial division the 1935 gain in income produced was larger than in income paid out. Except for
slight declines in interest and in work relief wages, each
type of income payment recorded an increase over that
of 1934. Per capita incomes also increased appreciably
in 1935. For some industries and types of payment the
gains in 1935 were not so large as in 1934, but the
improvement was more widespread in 1935 than in the
preceding year.
Nature of the Estimates.
Estimates presented in the following tables have been
prepared by the Department of Commerce as a continuation of the work initiated in this field of inquiry
several years ago in response to a Senate resolution
requesting a study of the national income.2 The basic
concepts and scope of the estimates included herein
are substantially unchanged from those followed in
preparing previous estimates. Available space does not
permit a comprehensive discussion of the concepts
involved in the estimates, but a brief review of the
definitions will help to clarify the meaning of the
terms used for those who have not read the earlier
publications.
The "national income produced77 may be defined
briefly as the net value of goods and services produced
in any one year, and represents the value of all commodities produced and services rendered, less the value
of the stock of goods in the form of raw materials and
capital equipment which has been consumed in the
processes of production. In the production of these
goods and the rendering of these services, the individuals of the Nation contribute productive efforts or
1
Note discussion on terminology and definition. The terms "positive business
savings", and "negative business savings" have been adopted to replace the terms
"business savings" and "business losses" used in previous reports.
2
To date, the series of publications resulting from this work includes National
Income, 1929-32, S. Doc. 124, 73d Cong., 2d sess. (now out of print), and articles
in the January 1935, August 1935, and November 1935 issues of the Survey of Current
Business. A new volume entitled "National Income in the United States, 1929-35",
which is now at the Government Printing Office, presents the income estimates in
the same complete detail as shown in the Senate document, and also contains discussions of the concepts, scope, limitations, and sources and methods of the estimates.
This volume will be ready for distribution by the Superintendent of Documents
within the next few weeks, and an announcement of its availability and the price
will be carried in a subsequent issue of the Survey of Current Business.
individuals in the form of wages, salaries, interest,
dividends, entrepreneurial withdrawals, and net rents
and royalties for these services comprise what is termed
the "national income paid out.77 If the income produced in any one year is in excess of the income paid
out, then the business enterprises have retained a portion of the net product and this excess is termed
"business savings77, or, more precisely, "positive business savings.77 If, on the other hand, the income
produced is smaller than the income paid out, then
the business enterprises of the Nation have maintained
income payments by drawing upon their capital and
NATIONAL INCOME PRODUCED AND PAID OUT
1929-1935
BILLIONS Of DOLLARS
[ ||[ fNCOMC PRODUCED
I I
/NCOMi PAID OUT
t t t | POSITIVE BUSINESS SAVIA
70
~;E|NEGATIVEBUS/NESS SAVI NGS
60
SO
40
30
20
10
O
_
1
1
H— 1—
h11 1 11 1•
1
1
1929
•1 11
1930
1931
/932
1933
1934
/935
Figure 1.—National Income Produced and Paid Out.
surplus and these drafts are termed "negative business
savings.77 Both income paid out and positive or negative business savings are estimated directly, whereas
income produced is determined by adding positive
savings to, or deducting negative savings from, income
paid out.
In the earlier publications the term "business losses77
was used instead of "negative business savings77 and
the change was made after considerable thought and
consultation, because of the misleading nature of the
former term. While the new term is not entirely satisfactory, it will better serve the present needs than did
the earlier one.3 The estimates of positive and negative business savings should not be confused with
figures of profits or losses of business enterprise as
3 Further consideration is being given to the clarification of the concepts of income
and to the questions of terminology in this field by the National Conference on
Wealth and Income, a group composed of representatives from universities, private
research organizations, and Government research agencies interested in the field of
income. Proposals relating to concepts and terminology will be made and discussed
at the next meeting of the conference early in 1937.
SURVEY OF CURRENT BUSINESS
July 1936
15
gate income payments declined to 44.9 billion dollars
in 1933. From 1933 to 1935 income paid out increased
by 8.6 billion dollars, or 19 percent. Thus, more than
one-fourth of the decline from 1929 to 1933 has been
regained through the subsequent rise. If work relief
wages are eliminated from the estimates, the increase
from 1933 to 1935 has been approximately 8 billion
dollars.
Of particular significance is the marked decline
which has taken place since 1932 in negative business
savings. The year 1929 was the last in which income
produced was larger than income paid out. In each
year subsequent to 1929 the income disbursed has
exceeded the income produced. The estimated negative
savings of approximately two-thirds of a billion dollars
in 1935 are about one-third as large as in 1934; they are
less than 8 percent as large as in 1932; and they are the
lowest of any year of the depression. In 1932 only 82
percent of the national income paid out came from the
income produced by the business enterprises of the
Nation, the remaining 18 percent representing negative
Income Produced and Paid Out Nearly Balance in 1935.
business savings. In 1935 the income produced equaled
In 1935, for the third consecutive year, the national nearly 99 percent of the income paid out. Although
income produced recorded a substantial gain. The part of this sharp reduction in negative business savings
net value of goods and services produced increased since 1932 is due to the increased valuation of invenfrom 48.4 billion dollars in 1934 to 53.0 billion dollars tories as a result of the advance in prices, nevertheless
in 1935, a gain of 10 percent. The 1935 estimate, as the change reflects not only the basic improvement
shown in table 1, compares with 39.5 billion dollars which has occurred during that period but also serves
in the low year of 1932 and 81.0 billion dollars in 1929. to indicate an early return to the point where the busiThe gain of 13.4 billion dollars, or 34 percent, from 1932 ness establishments of the country will, as an aggregate,
to 1935 is equal to approximately one-third of the drop be able not only to pay dividends but also to enjoy
which occurred from 1929 to 1932. Despite this gain, positive business savings.
The estimates of corporate savings and business savthe 1935 total is still more than one-third below the
1929 level, although the real income is much higher ings of individual entrepreneurs are shown separately
relative to 1929 because of the decline in prices which in table I because of the variation both in the methods
of preparing the estimates and in their probable degree
will be discussed later.
of accuracy. Although both series are subject to seriTable 1.—National Income Produced and Paid Out
ous limitations because of the nature of the basic data,
[Millions of dollars]
nevertheless the bases for the estimates of business
savings of individuals are much less satisfactory than
1935
1932
1934
1S30
1931
1933
1929
Item
are those for the estimates of corporate savings. The
Income produced
81,034 67,917 53,584 39, 545 41, 742 48,397 52,959 estimates for unincorporated establishments are influTotal savings.
2,402 - 5 , 0 1 5 -8,120 -8,817 -3,198 -1,776
-628
1,423 -3,909 -5,877 -6,366 - 2 , 796 - 2 , 340 -1,443 enced largely by data on agriculture, a field of activity
Corporate sayings
Business savings of individuals
563
979 -1,106 -2,243 - 2 , 4 5 1 - 4 0 2
815 in which the lack of information necessitates the use of
Income paid out
78,632 72,932 61, 704 48,362 44,940 50,174 53,587
many questionable assumptions.
ordinarily used, since the former represent the residual
after the disbursement of dividends by corporations,
and entrepreneurial withdrawals by unincorporated
enterprises, whereas the latter is commonly regarded
as the amount available for dividends or withdrawals.
It is well to note further that the actual estimates of
positive or negative savings are deficient for the purpose of adequately measuring the accumulations of, or
drafts upon, capital and surplus from current operations. This is because of the limitations inherent in
data based upon the inconsistent and variable accounting practices which are followed by different
business establishments, and also because basic data
from business income statements do not yield entirely
satisfactory figures for use in a study of the national
income. Moreover, the lack of basic data precludes
the making of satisfactory estimates of business
savings of individuals, and hence these estimates are
subject to much wider margins of error than are the
estimates of corporate savings.
Price Changes Influence Income Fluctuations.
Percentages of 1929
Variations in the dollar volume of the national income
are highly significant in measuring the cyclical movements of the economic activities of the Nation. More
92.
100.0
78.5
57.2
63.8
68.1
61.5
important, however, is a measure of the physical volume
100.0
97.9
89.5
76.2
78.7
81.1
80.
of goods and services produced, since changes in real
100.0
90.7
76.6
69.2
78.6
83.9
68.0
income more satisfactorily serve to indicate the nature
and extent of changes in the productivity of the national
The 3.4-billion-dollar rise in the national income paid economy and the amount of product distributed.
out in 1935 brought the total to 68 percent of the 1929 There is, however, no common unit for combining all
total. From a peak of 78.6 billion dollars in 1929, aggre- of the various types of goods and services produced
Income produced.
Total savings
Corporate sayings
Business savings of individuals
Income paid o u t . . .
Bureau of Labor Statistics
cost of living index
Bureau of Labor Statistics
wholesale price index
100.0
83.8
48.8
51.5
59.7
65.4
16
SURVEY OF CURRENT BUSINESS
other than the monetary unit; and, unfortunately,
there are no price series which are adequate for converting the dollar volume of the national income into
the physical volume. The Bureau of Labor Statistics
indexes of wholesale prices and of the cost of living are
not suitable for adjusting the income totals for price
variations. The wholesale price series is no doubt too
sensitive for adjustment purposes, since it represents
only commodity prices and takes no account of the
prices for different types of service, whereas the national
income produced consists of both goods and services.
To properly convert the dollar volume of all goods and
services produced to their physical volume a series of
representative price indexes for each type or group of
commodity or service would be needed. The cost-ofliving index, another that is sometimes used for want
of a better measure, refers only to urban wage earners
and therefore has serious limitations for use in adjusting for price fluctuation the total income paid out. In
order to provide a satisfactory base for determining
changes in the real purchasing power of income received
by individuals, the cost-of-living index would have to be
representative of tjie whole population. Fully recognizing the shortcomings of these indexes, they may
nevertheless be used to indicate very roughly the
influence of price changes upon the national income.
It is evident from the figures shown in table 1 that
there was a marked contraction in the quantity of
goods and services produced and distributed in 1932 as
compared with 1929, and a substantial increase thereafter.
Fluctuations in Types of Payments.
The compensation of all employees rose more than
7 percent in 1935, whereas total dividends and interest
payments increased 2 percent. Income receipts of
employees in 1935 were 70 percent as large as in 1929,
while bondholders and stockholders in 1935 received
65 percent as much as in 1929. From the low in 1933
to 1935 the compensation of employees increased 23
percent and property income rose 5 percent. Entrepreneurial withdrawals rose 8 percent in 1935, and
were 70 percent as large as in 1929. Preliminary data
indicate an increase of approximately 10 percent from
1934 to 1935 in net rents and royalties.
In those industries for which salaries and wages can
be segregated, the greater rise in wages than in salaries
in 1935 further reduced the disparity in the movement
of these two series which had accumulated during the
declining phase of the cycle. Wages increased 13 percent in 1935 in these industries (manufacturing, mining,
construction, steam railroads, Pullman, railway express,
and water transportation), while salaries increased
5 percent. The decline from 1929 to 1932 was 59 percent in aggregate wages and 40 percent in aggregate
salaries. From 1932 to 1935 wage payments rose 45
percent, while salary payments in 1935 were but slightly
July 1936
higher than in 1932; as a result, these two series bore
approximately the same relationship to each other in
1935 as in 1929. The trend of neither wages nor salaries
in the selected industries can be used as representative
of the trend of either wages or salaries in all industries,
ince the effects of the depression were more pronounced
in those industries wherein salaries and wages can be
egregated than in the other industries.
Table 2.—National Income Paid Out by Types of Payment
[Millions of dollarsi
Item
Total income paid out—
Total compensation of employeesSalaries (selected industries)1 1
Wages (selected industries)
Salaries and wages (all other industries).
Work relief wages 2
Other labor income
Total dividends and interest 3
Dividends—
Interest
Entrepreneurial withdrawals
Net rents and royalties
1929
1930
1931
1932
1933
1934
1935
78,632 72,932 61,
t 704 48,362 44,940 50,173 53, 587
51, 487 47,198 39, 758 3(X 920 29, 420 33, 528 36,057
5,663 5, 548 4,
' "" 3,387 3,048 3,250 "3,417
17,197 14,251 10, 608 7,017 7,189 8,944 10,149
27,690 26,409 23,46119,417 17, 591 19, 046 20,173
619 1,389 1,313
937
899 1,005
990 1,083 1,099
973
11,218 11, 302 9,764
6,969 7.211 7,303
5,964 5,795 4,312 2,754 2,208 2,549 2,830
5,104 5,305 5,169
4,975 4,592 4,569 4,422
.
12, 503 11, 666 10,i, 086 7,992 7,306 8,052 8,701
3,424 2,766 2,096 1,470 1, 245 1,382 1,526
Percentages of 1929
Total income paid out.
Total compensation of employeesSalaries (selected industries) 1
Wages (selected industries)!
Salaries and wages (all other in*
dustries)
Work relief wages a
Other labor income
Total dividends and interest 3
Dividends
Interest
E ntrepreneurial withdrawals _
Net rents and royalties
100.0
100.0
100.0
100.0
92.8
91.7
98.0
82.9
78.5
77.2
81.3
61.7
61.5
60.1
59.8
40.8
5/. 2
57.1
53.8
41.8
100.0
95.4
84.7
70.1
63.5
100.0 105.7 115.6 117. 3 103.8
100.0 100.7 87.0 71.1 62.1
100.0 97.2 72.3 46.2 37.0
100.0 103.9 101.3 97.5 90.0
100.0 93.3 80.7 63.9 58.4
100.0 80.8 61.2 42.9 36.4
63.8
65.1
57.4
52.0
68.1
70.0
60.3
59.0
68.8
72.9
95.9 107. 3
64.3 65.1
42.7 47.5
89.5 86.6
64.4 69.6
40.4 44.6
1 Includes mining, manufacturing, construction, steam railroads, Pullman, railway
express,
and water transportation.
2
Includes pay rolls and maintenance of Civilian Conservation Corps enrollees
and pay rolls of Civil Works Administration, Federal Emergency Relief Administration and Works Progress Administration work projects plus administrative pay
rolls outside of Washington.
3 Includes also net balance of international flow of property incomes.
Work relief wages declined from 1,389 million dollars
in 1934 to 1,313 million dollars in 1935. This drop
occurred because the increase in the compensation of
employees in the Civilian Conservation Corps and on
the Federal Emergency Relief Administration work
projects and the pay of employees on the new Works
Progress Administration projects were not sufficiently
large to offset the pay rolls of the Civil Works Administration, which exceeded half a billion dollars during the
early months of 1934, and which ceased entirely when
the program was discontinued before the middle of that
year.
Dividends rose 11 percent in 1935, but the total disbursements of this type of payment to individuals in
1935 were only 47 percent as much as in 1929. From
the low in 1933, dividend payments have risen nearly
30 percent. Interest payments continued to decline
in 1935 for the fifth consecutive year. Although the
1935 figure marked the low point for the period covered,
it was only 13 percent below that of 1929, thus revealing
the marked stability in this type of income payment
relative to the other types. The refunding of securities
at lower interest rates and the continued defaults on
17
SURVEY OF CURRENT BUSINESS
July 1936
long-term obligations led to the moderate decline in I increased slightly in relative importance and interest
declined. Net rents and royalties improved relatively
interest payments m 1935.
in
1935, but remained considerably below the 1929
Employees' Share of Total Income at New Peak.
proportion. Work relief wages accounted for 2.5 perOf the total national income paid out in 1935, more cent of the total income paid out in 1935 and for 2.8
than 67 percent was distributed as compensation for percent in the preceding year.
PERCENTAGE DISTRIBUTION OF
INCOME PAID OUT
BY TYPE OF PAYMENT
1929-1935
PERCENT
100
RENTS £ ROYALT/ES
INTEREST
90
DiV/DENDS
80
ENTfiEPRENEUR/AL
WITHDRAWALS
70
60
Table 3.—Percentage Distribution of National Income by Types of
Payment
1929
Total income paid out
Total compensation of employees _
Total salaries and wages
Work relief wages i__T
Other labor income
Total dividends and interest 2
Dividends
Interest
Entrepreneurial withdrawals
Net rents and royalties
1930 1931 1932 1933 1934 1935
100.0 100.0 100.0 100.0 100.0 100.0
65.5 64.7 64.5 64.0 65.4 66.8
64.3 63.4 62.7 61.7 61.9 62.2
1.4
2.8
1.2
2.1
1.8
2.3
1.8
1.3
14.3 15.5 15.8 16.5 15.5 14.4
7.6
7.0
5.7
4.9
7.9
5.1
6.5
8.4 10.3 10.2
7.3
9.1
15.9 16.0 16.3 16.5 16.3 16.0
3.4
3.0
4.3
3.8
2.8
2.8
100.0
67.3
62.9
2.5
1.9
13.6
5.3
8.3
16.2
2.9
1 Includes pay rolls and maintenance of Civilian Conservation Corps enrollees
and pay rolls of Civil Works Administration, Federal Emergency Relief Administration, and Works Progress Administration work projects plus administrative pay rolls
outside of Washington.
2 Includes also net balance of international flow of property incomes.
Construction and Manufacturing Show Largest Gains in
Income Produced.
50
Income produced was larger in 1935 than in 1934 for
each
of the 12 major industrial groups into which the
40
TOTAL
data have been classified. Gains of 10 percent or more
COMPENSATION
occurred in the construction, manufacturing, finance,
OF EMPLOYEES
30
agriculture, and service industries. Although the gains
tended to be relatively larger in those industries which
20
had suffered the greatest declines, nevertheless the net
declines from 1929 to 1935 varied considerably from one
/O
group to another. In 1935, relative to 1929, income
produced ranged from 30 percent in the construction
and 47 percent in the mining industry to 72 percent in
I92S '30 *3I 932 '33 '34 '35
the communications industry and 74 percent in the
Figure 2.—Percentages Distribution of Income Paid Out, by Type of electric light and power and manufactured-gas industry.
Payment.
From the low point in 1932, income produced in agricullabor services in the form of salaries, wages, and other ture more than doubled, and regained more than half of
labor payments. This proportion compares with 65.5 the previous decline. In manufacturing, also, the net
percent in 1929 and with 64 percent in 1932. Even value of products more than doubled from 1932 to 1935,
when work relief wages are excluded entirely from the recovering 42 percent of the drop from 1929 to 1932.
For Government service it is not possible to estimate
income estimates, the share of employees was larger in
1935 than in any other year covered by this study. business savings, and therefore it has been assumed
There is no way in which the compensation of all em- that income paid out is equal to income produced—
ployees can be classified as between wage earners and that is, that the value of services rendered by all govsalaried workers and officers of corporations, nor ernmental agencies is equal to income payments made
between groups of employees according to sizes of in- by these agencies. Including work relief wages, govcome, so that it is not possible to evaluate the changes ernment-income disbursements were 27 percent higher
which have taken place for each employee group. in 1935 than in 1929. If work relief wages are excludHowever, from 1929 to 1933 the decline in the compen- ed, the increase for this period was 8 percent. Except
sation of corporation officers as shown in Statistics of for a slight decline in 1932, total income paid out by all
Income, 1933, closely paralleled the decline in the governmental organizations has increased steadily
since 1929. In 1935, work relief wages accounted for
compensation of all other employees.
The proportion of total income paid out in the form approximately 15 percent of the total income paid out
of interest and dividends declined to a new low in 1935 by governmental agencies.
at 13.6 percent as compared with 14.3 percent in 1929 As a percentage of the total, agriculture's share of
and a peak of 16.5 percent in 1932. In 1935, dividends the national income produced reached a new high in
77024—36
3
18
SURVEY OF CURRENT BUSINESS
Julv 1936
1935 at 9.1 percent, as compared with 8.9 percent in All Industrial Divisions Disbursed More Income in 1935.
1929 and 5.9 percent in 1932. Manufacturing accountTotal income payments in each industry were larger
ed for 23.8 percent of the total in 1929, 14.2 percent in in 1935 than in 1934, with the gains varying from a
fractional rise in the electric light and power industry
PERCENTAGE CHANGES IN INCOME PRODUCED BY INDUSTRIES FROM
to an increase of more than one-fourth in the construc1 9 2 9 TO DEPRESSION LOW AND FROM 1 9 2 9 TO 1935
tion industry. Despite the large percentage change in
1935, income paid out in that year by the construction
industry was only slightly more than one-third of that
paid in 1929. For all other industrial divisions, income
disbursements in 1935 were more than one-half as large
as in 1929, and in 5 of the 12 groups payments in 1935
varied from approximately two-thirds to five-sixths of
the 1929 levels. Both the electric light and power and
manufactured-gas and the communications industries
paid out in 1935 over five-sixths as much as in 1929.
The 1935 changes tended to reduce the disparities
which had previously existed as a result primarily of
the variations in the rates of decline from 1929 to 1933.
(BLACK AREA REPRESENTS PROPORTION OF DECLINE RECOVERED SINCE LOW YEAR)
-
ELECTRIC
iGRI-
CUL" IRE
MANU-
CON-
MCTURING
"
STRUC"
Table 5.—National Income Paid Out, by Industrial Divisions
Figure 3.—Percentage Distribution of Income Produced by Industrial
Divisions.
1932, and 21.4 percent in 1935. The contribution of
government service rose from 8.4 percent in 1929 to
18.1 percent in 1933, and declined thereafter to 16.3
Table 4.—Income Produced, by Industrial Divisions
[Millions of dollars]
Item
Total income produced
1929
1930
1931
1932
1933
1934 1935
81, 034 67, 917 53, 584 39, 545 41, 742 48,39752, 959
7,159 5,555
Agriculture
1,894 1,307
Mining
1,295 1,197
Electric light and power and gas
19, 308 14,072
Manufacturing
3,225 2,756
Construction
7,216 6,206
Transportation
994
1,023
Communication
10,955 9,131
Trade
8,219 7,113
Finance
Government, including work relief
program
6,805 7,043
Government, excluding work relief
6,805 7,043
program
Work relief program
9,207 8,459
Service
Miscellaneous
_
4, 728 4,084
3,601
701
1,125
9,526
1,742
5,007
906
7,372
5,702
7,189
2,335
474
985
5,623
670
3,760
744
5,254
4,360
3,153
522
907
7,797
595
3,745
656
5,772
3,677
4,303 4,824
888
842
954
924
9,791 11,326
980
729
3,999 4,260
739
688
6,340 6,551
3,859 4,433
7,148 7,360 8,365 8,646
7,148 6,741
7,189
619
7, 198 5,379 4,957
2,813
2,601
3,515
6,976 7,333
1,389 1,313
5,802 6,404
2,755
Percentages of 1929
Total income produced
Agriculture
Mining
Electric light and power and gas
Manufacturing
Construction
Transportation
Communication
Trade
Finance
Government, including work relief
program
Government, excluding work relief
program
Work relief program
.
Service
Miscellaneous
| 100.0
83.8
i. 1
48.8
51.5
59.7
65.4
100.0
100.0
100.0
100.0
100.0
100.0
100.0
100.0
100.0
77.
69.0
92.4
72.9
85.5
86.0
97.2
83.4
86.5
50.3
37.0
86.9
49.3
54.0
69.4
88.6
67.3
69.4
32.6
25.0
76.1
29.1
20.8
52. 1
72.7
48.0
53.0
44.0
27.6
70.0
40.4
18.4
51.9
64.0
52.
60.1
44.5
71.4
50.7
22.6
55.4
67.3
5'
44.
47.0
67.4
46.9
73.7
58.7
30.4
59.0
72.2
59.8
53.9
108.2
122.9
[Millions of dollars]
Item
Total income paid out.
Agriculture
Mining
Electric light and power and gas
Manufacturing
Construction
Transportation
Communication
Trade
Finance
Government, including work relief
program
Government, excluding work relief
program
Work relief program
Service
Miscellaneous
1930
1931
1932
1933
1934
1935
78, 632 72, 932 61, 704 48, 362 44, 940 50,173 53, 587
6,157
2,080 1,
1,304 1, 475
18, 013 15,940
3,257 2, 939
6,847 6,
914
10,852 10,
8,334 77,
6,805 7,043
6,805 7,043
9,271 8,767
4,798 4,502
4,271 3,181 2,9:
3,282 3,692
1,213
814 1,042 1,081
826
1,408
,
1,275 1,094 1,085 1,091
2 364
3 4 8,543 8,514 10, 258 11:, 427
12,
786
948
874 1,111
1,9
5,362 4,266 3,909 4,216 4,444
894
773
726
801
749
9,027 7,074 6,132 6,691 6,864
6,428
4,274 4,454 4,679
5,130
7,189
7,360 8,365 8,646
7,148
7,189
6,741 6,976 7,333
7,148
619 1,389 1,313
7,673 6,056 5,462 6,150 6,614
3,906 3,114 2,893 3,007 3,165
Percentages of 1929
Total income paid out
Agriculture
Mining
Electric light and power and gas
Manufacturing
Construction
Transportation
Communication
Trade
Finance
Government, including work relief
program 1
Government, excluding work relief
program
Work relief program
Service
Miscellaneous
100.0
92.8
78.5
61.5
57.2
63.8
68.1
100.0
100.0
100.0
100.0
100.0
100.0
100.0
100.0
100.0
89.2
83.3
113.1
88.5
90.2
92.4
103.6
94.
89.6
69.4
58.3
108.0
68.6
60.5
78.3
97.8
83.2
77.1
51.
39.7
97.8
47.4
29.1
62.3
87.
65.2
48.3
39.1
83.9
47.3
24.1
57.1
79.4
56.5
51.3
53.3
50.1
83.2
56.9
26.8
61.6
81.9
61.7
53.4
60.0
52.0
83.7
63.4
34.1
64.9
84.6
63.3
56.1
100.0
103.5
105.6
108.2
122.9
127.1
102.5
107.8
66.3
62.7
71.3
66.0
100.0
100.0
100.0
94.6
93.
82.8
81.4
61.6
105.0
105.0
65.3
64.9
58.
60.3
Per Capita Incomes.
Estimates have been prepared of the number of
employees in each year for the purpose of determining
99.1 102.5
Wherever data per100. 0 91. 9 "78." 2 "58.11 "53."8 63.0 69.6 the trends of per capita incomes.
100. 01 86. 4 74.3! 59.5 55.0 58.3 62. 5
mitted, the employees have been converted to their
full-time equivalent number, so that the comparisons
percent in 1935. For most industries the changes of per-capita incomes from industry to industry and
from 1934 to 1935 tended to bring them more in line from year to year would more closely approximate the
true variation in rates of annual earnings. As a result
with their 1929 relative positions.
105. 6 105.0
100.0
103.5
100.0
103.5 105. 6
127.1
107.8
SURVEY OF CURRENT BUSINESS
July 1936
of these adjustments, which in many instances must
be based upon dubious assumptions, the figures have
only limited use in reflecting employment changes,
and, as indicated above, are not computed for that
purpose. Per-capita incomes are determined by dividing the number of employees as shown in table 6 into
the aggregate salaries and wages as shown in table 2.
The number of entrepreneurs, including both employers
and self-employed individuals, is not shown in table 6,
but there is evidence to indicate that their number has
varied from 9.5 million to 10 million during the period
under review.
19
100. 0
93.9
83.9
73.4
73.5
79.2
81.5
Salaried3 employees (selected i n d u s tries)
100.0
W a g e earners (selected industries) 3 _. 100.0
Salaried employees or wage earners
100.0
(all other industries)
.
98.7
87.8
86.4
72.9
72.1
59.6
67.9
63.2
72.8
71.3
74.3
74.2
97.1
90.4
82.0
80.5
84.8
97.3
91.1
80.4
74.8
78.0
81.9
99.3
94.4
94.1
84.6
83.0
68.4
79.2
66.2
78.9
72.9
81.3
98.3
93.7
85.5
79.0
81.1
84.0
year. The average income of full-time employees
dropped from $1,466 in 1929 to $1,097 in 1933, a decline
of 25 percent. From 1933 to 1935 the average rose
to $1,201, thus increasing 9 percent and recovering 28
percent of the previous decline. The trend of the
index of per-capita earnings of all employees and the
trend of the Bureau of Labor Statistics cost-of-living
index were very similar. In most years the indexes
were within one point of each other, and in no year
were they more than two points apart. The figures
suggest that the real purchasing power of those who
continued in full-time employment throughout the
depression did not vary greatly. It is likely, however,
that the trend in the annual rate of pay varied considerably from one industry to another and from one
income level to another, so that such broad generalizations in reference to the purchasing power of all
employees must be subjected to numerous qualifications.
The amplitude of the fluctuation in per capita wages
appears to be considerably larger than the amplitude
of the variations in per capita salaries. From 1929 to
1933 average wages in the industries for which salaries
and wages could be segregated declined 34 percent,
while average salaries declined only 21 percent. During
the next 2 years per capita wages increased substantially while per capita salaries varied but slightly, and
as a result the disparity between the trends of these
two series was reduced materially. Average salaries
generally declined less than did the cost of living, and
average wages dropped more than did living costs. It
is necessary to point out that the trends in either the
number of per capita incomes of the salaried employees
or wage earners in the selected industries are not typical
of all salaried employees or all wage earners. It is
obvious from the figures and index numbers in table 6
that the employees in the selected industries suffered
more severely than did the employees in the other
industries.
97.9
89.5
80.8
76.2
78.7
82.1
Estimates for 1934 and 1935 are Preliminary.
Table 6.—Number of Employees and the Per Capita Income of Employees1
1929
1930
1931
1932
1933
1934
1935
N U M B E R OF E M P L O Y E E S
(THOUSANDS)
All employees 2___
34, 485 32, 373 28,943 25, 308 25, 358 27, 325 28,094
Salaried employees (selected i n d u s 2,212 2,183 1,911
1, 503 1,610 1,643
tries) 3
W a g e earners (selected industries) 3 - 12, 247 10, 751 8,930
7,740 8,734 9,085
Salaried employees or wage earners
17, 366
(all other industries)
20, C26 19,439 18,102 16, 414 16,115 16,
PER
CAPITA INCOME OF
EMPLOYEES
All employees
$1, 466 $1,427 $1, 336 $1,178 $1,097 $1,143 $1, 201
Salaried employees (selected industries) 3
Wage earners (selected industries) 3 .
Salaried employees or wage earners
(all other industries)
2,560 2,542 2,410
1,404. 1,326 1,188
1,383
1, 359 1,296
961
1,183
2,028 2,019 2,080
929 1,024 1,117
1,092
1,122
1,162
Percentages of 1929
N U M B E R OF
EMPLOYEES
All employees
PER
CAPITA INCOME OF
EMPLOYEES
All employees
100.0
Salaried employees (selected i n d u s 100.0
tires) 3
W a g e earners (selected industries) 3 _. 100. 0
Salaried employees or wage earners
100.0
(all other industries)
B u r e a u of L a b o r Statistics cost of living index
100.0
1
The estimates of the number employed are averages for the year and represent
full-time
equivalent numbers for industries in which data permit such adjustments.
2
Does not include employers and self-employed persons, such as farmers, merchants, independent professional practioners, etc.
3 Includes mining, manufacturing, construction, steam railroads, Pullman, railway
express, and water transportation.
In interpreting the per-capita income figures it is
most important to note that they do not represent
the average incomes of all employable persons, or even
the average income of those who worked at any time
during the year. Rather, they approximate the average earnings of employees engaged throughout the
The estimates for the 2 latest years are subject to
revision when the tabulations based on corporation
income tax returns are completed, and data are made
available from the 1935 Censuses of Manufactures,
Agriculture, and Business.
Furthermore, because of revisions in the Federal
income tax laws eliminating consolidated returns for
1934 and subsequent years for all industries, exceptingrailroads, it will probably be necessary to revise some
of the earlier estimates derived from these sources.
20
SURVEY OF CURRENT BUSINESS
July 1936
TOTAL VISIBLE STOCKS OF SILK 1
Month
January
February
March
April
_
May
June
- July
August
September.
October
November
December
Monthly average
1926
1927
1929
1923
1924
1925
1928
1931
92, 287
72, 915
68, 736
57, 557
59, 362
53,865
69,314
41,959
32, 567
67,079
83, 398
96, 759
86,098
77,926
75,975
70, 562
70,174
61,843
66,193
80,075
81, 260
91, 598
104,716
115,033
102,132
89,149
85, 368
85, 240
85, 617
80,016
83,098
92,617
92,870
103, 223
110,313
116,924
94,126
88, 818
88, 348
84,822
76,143
66,411
86, 528
93,006
101, 359
112,494
116,830
126,978
109,327
96, 758
94, 816
90, 749
85,427
83, 624
106,841
118,018
118,486
126,866
133,969
145,040
112,528
92, 677
93,086
98, 583
99,088
84, 727
109,166
113,475
112,064
120, 581
119,606
134,408
111,943
96,993
101,218
96, 825
94,898
85, 625
110,596
122,008
129,104
153,129
167,452
189, 772
161, 264
140, 646
145, 573
156, 704
172,177
178,750
214,765
231,678
245, 221
239,678
236, 738
237,030
229, 514
228,099
198, 707
199,697
202,888
197,052
214,821
230,178
242,099
263, 421
268,875
278,160
66, 317
81, 788
93, 881
94, 655
109,160
107, 499
121, 630
196, 685
229,459
1930
1932
1833
1934
1835
1936
250, 205
232, 370
226,675
221,649
205, 959
191,448
209,177
212,928
214,493
217,465
231,432
242, 537
221, 747
209,859
202,214
200, 538
194, 725
183,733
208,584
229, 615
249,400
259,025
258, 622
257, 286
258,320
249,507
237,128
230,952
219, 031
216,419
228,039
235,665
245,416
236,850
232,322
228,854
213, 636
199, 347
192, 983
185, 887
173, 462
166, 918
167, 754
176, 381
180,180
182,077
185, 748
194, 941
186,911
175,380
165 689
158, 498
145 266
132, 609
221, 362
222,946
234,875
184,943
1
Compiled by the Commodity Exchange, Inc., and represent the stocks of raw silk held in New York warehouses, in Japanese ports, and the estimated amount in
transit between Japan and the United States at the end of the month. These data displace the series on this subject that appeared on p. 266 of the 1932 Annual Supplement and in the subsequent monthly numbers. The above series differ from the previous one in that they exclude stocks held in Milan, London, Canton, and Shanghai.
The amount of stocks held at these points has averaged about 15 percent of the total in recent years, but have also been relatively stable; hence, the trend of the new series
is about the same as that of the old.
OBLIGATIONS FULLY GUARANTEED BY THE UNITED STATES,1 AMOUNTS OUTSTANDING
BY AGENCIES
[Millions of doll ars]
Federal Farm Mortgage
Corporation
Total
I
Home Owners' Loan
Corporation
i
Reconstruction Finance
Corporation
Month
1933
January
February
March
April
May
June
July.
August
September
October- __
November
December
, . .
2
18
180
Monthly average
1934
1935
1936
310
183
295
325
423
681
1,064
1,614
1,875
2,596
2 823
3,063
3,300
3,480
3,590
3,660
3,728
4,123
4,205
4,248
4,369
4,421
4 460
4,494
4,562
4,630
4,654
4,676
4,702
1,271
4,007
1933
1934
1935
1936
68
98
168
312
551
672
733
805
878
980
1,041
1,089
1,124
1,154
1,188
1,226
1,274
1,282
1,368
1,382
1 387
1,387
1,399
1,407
1,407
1,411
1,422
2 527
1,242
1933
1934
1935
1936
28
134
284
702
896
1,543
1 695
1,834
2,009
2,140
2,215
2,256
2,290
2 647
2,682
2,716
2, 748
2,786
2 819
2,855
2,911
2,970
2,995
3,013
3,029
3
890
1934
1933
1
i
1
2
18
180
2,514
1935
310
183
227
227
227
235
230
241
246
248
249
249
250
251
251
250
250
250
249
250
253
253
253
252
239
251
1936
253
253
252
252
252
i Compiled by the Board of Governors of the Federal Reserve System from reports of the Farm Credit Administration, the Home Owners' Loan Corporation, and the Recon -
struction Finance Corporation. The data represent in the main the principal amount of obligations guaranteed as to interest and principal only, with several exceptions as
(1) the obligations of the Home Owners' Loan Corporation are guaranteed as to interest only and (2) the data of the Reconstruction Finance Corporation exclude obligations
held by the JJ. S. Treasury and reflected in the public debt but include notes given in purchase of gold notes which were retired in February 1934.
s 10-month average, March-December, inclusive.
3 8-month average, May-December, inclusive.
WHITE-BASE ANTIFRICTION BEARING
METALS
(BABBITT METAL)1
EXCESS RESERVES1 (MEMBER
BANKS)
[Thousands of pounds]
[Millions of dollars]
Total production
Production for
own use
Month
Sales
Month
January._ __
February
March
April
May
June
July
. . -.
August
September
October -..
._
November
December _ __
Total
Monthly average
_.
-.
1933
1934
1935
1933
1934
1935
1933
1934
1935
1,106
1,001
978
1,314
1,814
2,033
2,172
2,499
2,162
1,891
1,795
1,303
1,890
1,751
2,022
2,024
1,961
1,953
1,762
1,698
1,459
1,600
1,514
1,754
1,924
1,631
1,789
1,830
1,840
1,815
1,880
1,893
2,002
2,294
2,113
1,954
272
260
193
274
325
450
544
694
615
536
357
416
417
431
498
564
536
643
553
457
380
444
398
541
408
461
535
520
439
601
549
422
384
650
613
469
834
741
784
,040
L, 490
L, 583
L, 628
L,805
L, 547
L, 355
.438
887
1,473
1,320
1,524
1,461
1,426
1,310
1,209
1,241
1,079
1,156
1,115
1,213
1,516
1,169
1,254
1,310
1,401
1,214
1,331
1,471
1,618
1,643
1,500
1,485
January
February._
March
April
May
June
July
August
September.
October
November.
December. .
Monthly average..
1931
1932
1933
1934
1935
1936
507
317
249
475
468
595
713
842
727
859
745
1,146
1,444
1,534
1,662
1,732
1,875
1,867
1,727
1,748
1,801
1,814
2,206
2,199
1,846
2,253
2,318
2,414
2,513
2,708
2,600
2,970
3,100
2,844
3,084
2,986
2,305
2,664
2,866
2,717
159
74
-3
-33
40
-3
87
263
262
162
259
330
375
499
498
576
279
538
1,591
2,498
i Compiled by the Board oj Governors of the Federal Reserve System
and represent end of monthfigurescovering actual reserves held by
Federal Reserve banks in excess of the statutory requirements.
Although the month-endfiguresbagan in September 1931, monthly
411
504
1,261
1,294
1,672
1,782
1,914
1,409
489
averages are available beginning January 1929. These are shown
in the Federal Reserve Bulletin for August 1935, p. 499.
i Compiled by the U. S. Department of Commerce, Bureau of the Census. The data shown above
represent a revision of thefigurespreviously shown in the Survey oj Current Business. The occasion for the revision was the exclusion of metal erroneously reported for these years. The changes
materially revised the statistics of total production and sales but do not affect those shown for production for own use which is published in conjunction with the other data for the convenience of
the users of the statistics. The data represent the sales or production for use of 39 manufacturers.
Of the establishments referred to 25 report sales only, 9 (including several important railroad systems) report the consumption of their own production of the metal, and 5 report both sales and
consumption of metal produced by them. The manufacturers whose data are included in these
statistics produced approximately 84 percent of the total value of the output in the industry,
according to the Census of Manufactures for 1933.
20, 069 21,390 22,964
4,936 5,862 6,052
15,133 15, 527 16,912
SURVEY OF CURRENT BUSINESS
July 1936
21
WEEKLY BUSINESS INDICATORS
[Weekly average, 1923-25=100]
1936
1935
1934
1935
June June June J u n e ' M a y June June J une[ June
20
13
6 ! 30 29 22
30
23
Business activity:
New York Times*
Business week*
Commodity prices, wholesale:
Dept. of Labor, 1926=100:
Combined index (784)
Farm products (67)
Food (122)
All other (595)
Fisher's index, 1926=100:
Combined index (120)
Copper, electrolytic!
Cotton, middling, spot
|
I
79.4 78.7 78.7 78.4 78.4 78.9 79.3 74.8 75.0
80.2 77.4 77.4 76.5 75. 77.1 78.0 64.8 65.8
81.0 79.7 79.4 78.7 78.4 81.6 82.5 70.9 71.3
77.9 77.9 78.5 78.7
78.7 78.8 78.7
j
j 82.6 82.5 82.3 81.2 81.2 81.6 82.0 78.0 78.0
| 67.4 67.4 67.4 67.4 67.4 63.0 63.8 63.8 63.8
43.1 45.6 44.5
i 45.6 44. 43.4 43.4 43.4
Construction contracts!
Distribution: Carloadings
Employment: Detroit, factory..
Finance: B
Failures, commerciaL
Security prices:
Bond prices!_
Stock prices!
102.4 100. 9 100. 5 101.2 83.6
83.8 84.8
74.5 74.2 74.0 74.1 63.2 63.0 64.3
48.4 45.8 47.1 31.0 31.5
53.9 51.9
72.0 71.6 72.6 67.5 64.5 59.1 67.4 65.0
105.0
105.0 93.7
83.1
40.51 47.2 42.3 46.2 44.2 56.5 55.3 56.3 57.2
114.7 114.8 114.5
.14.5 114.3 114. 2 108.1.1 107.9 105.8 106.0
D O
1130.4 129.7 127.2 124.3 124.4 Ml 99.9 87.7 <o, 6
June June June June M a y
20
13
6 30
Finance—Continued.
Banking:
Debits, outside N. Y. C.J.
Federal reserve reporting
member banks:!
Loans, total
Interest rates:
Call loans!
Time loans!
Money in circulation!
Production:
Automobiles
._.
Bituminous coal!
Cotton, consumption
Electric powert-Lumber
Petroleum
Steel ingots
Receipts, primary markets:
Cattle and calves
Hogs
Cotton
Wheat
* Computed normal=100.
• D a t a do not cover calendar weeks in all cases.
84.9 95.9
107.4
73.9 82.8
76.5
67.2 68.3 68.6 69.0 66.4 64.3 64.2
i8.3
24.2 24.2 24.2 24.2 24.2 6.1
24.2 24.2
28.6 28.6 28.6 28.6 28.6 5.7
22.9 22.9
127.4 125.
3 122. 7 122.8 122.1 113.8 113. 5 109.8 109.
130.7 132.0 131.6 133.4
67., 65. J 65. 64.1
121.8 120.3 119.4 116.7
55.8 52.1 52.1 50.9
142.5 142. 2 142. 6 140. 9
94.7 94.7 93.4 92.1
77.5'
41.7
22.7!
68.0
72.2
40.8
23.5
26.7
+Daily average.
72.8
39.81
35.4
25.1
69.5
41.4
36.5
28.0
142.0 116.6 118.7
74.0 63. 46.7
83.6 85.4
106.4 106.5
57.3 37.6 32.5
141.3 129.1 131.0
90.8 50.0 50.0
72.0
43.3
30.0
35.8
57.9
29.4
19.2
31.6
55.9
30.
16.5
30.
112. 6 100. 4
0.2 59.3
8.0 76.7
101.7 100.5
31.0 31.4
124.4 124.9
59.2 75.0
127.2
68.1
29.2
134.0
94.6
55.9
37.7
67.7
tWeekly average, 1928-30=100.
WEEKLY BUSINESS STATISTICS*
1935
1936
June 27 I June 20
June 13
June 6
1934
1933
M a y 30
M a y 23
June 29
June 22
June 30
June 23
July 1
COMMODITY PRICES, WHOLESALE
Copper, electrolytic, New York
dol. per lb._
Cotton, middling spot, New York
dol. perlb__
Food index (Bradstreet's)
dol. per l b . .
Iron and steel, composite
dol. per t o n . .
Wheat, No. 2. hard winter (K. C.)
dol. per b u . .
*t
'
FINANCE
Banking:
Debits, New YorklGity
mills, of dol—
Debits, outside of New York C i t y , .mills, of doL_
Federal Reserve banks:
i »i%
Reserve bank credit, total
mills, of d o L .
Bills bought
mills, of d o L .
Bills discounted
..mills, of dol.
U. S. Government securities
mills, of d o L .
Member bank reserve balances
mills, of d o L .
Excess reserves, estimated
mills, of d o L .
Federal Reserve reporting member banks: I,
Deposits, net demand, adjusted-..mills, of d o L .
Deposits, time
mills, of d o L .
Investments, total
mills. of d o L .
U. S. Government direct obligations
^.$
mills, of d o L .
Obligations fully guaranteed by U. S. Government
mills, of d o l . .
Loans, total
mills, of d o L .
On securities
mills, of d o L .
All other
mills, of d o L .
Interest rates, call loans
per cent. _
Interest rates, time loans
percent-_
Exchange rates:
French franc (daily av.)
cents..
Pound sterling (daily av.)
dollars - _
Failures, commercial
number. _
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 shares..
Stock prices (N.Y.Times)
dol. per share.
Stock prices (Standard Statistics) (419). .1926=100.
Industrial (347)..
....1926=100.
Public utilities (40)
1926=100.
Railroads (32)
.1926=100.
PRODUCTION, CONSTRUCTION, AND
DISTRIBUTION
Production:
Automobiles (Cram's estimate)
number.
Bituminous coal (daily av.)._thous. of short tons.
Electric power
mills, of kw.-hr.
Petroleum
thous. of b b l .
Steel ingots (Dow-Jones' estimate).pct. of capacity.
Construction-contract awards (da. a v . ) . . t h . of dol.
Distribution:
Freight-car loadings, total.
cars.
Coal and coke
.cars.
Forest products
...cars.
Grain and products
cars.
Livestock
cars.
Merchandise, 1. c. 1
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_
0.093
.124
2.65
32.79
1.02
0.093
.122
2.62
32.77
.96
0.093
.118
2.60
32.77
.89
0.093
.118
2.60
32.81
.91
0.093
.118
2.55
32.83
.91
0.093
.117
2.52
32.87
.94
0.087
.122
2.56
32.39
.87
0.088
.119
2.58
32.40
.85
0.088
.124
2.17
33.15
.88
0.088
.121
2.19
33.16
.87
0.078
.102
1.94
29.23
.91
3,469
3,937
4,840
4,445
3,736
3,752
4,376
4,152
3,134
3,721
3,389
4,072
3,230
3,427
4, 251
3,839
3,030
3,138
4,181
3,440
2,472
3
6
2,430
5,308
2,438
2,480
3
7
2,430
4,894
2,043
2,471
3
5
2,430
5,833
2,948
2,489
3
6
2,430
5,713
2,844
2,466
4
5
2,430
5,747
2,901
2,470
5
5
2,430
5,694
2,860
2,472
5
7
2,430
5,029
2,471
2,482
5
2,430
4,996
2,445
14,563
5,059
14,124
14, 431
5,021
14,121
14, 677
5,033
13, 586
14,580
5,035
13, 522
14, 562
5,028
13, 515
14, 390
5,043
13, 446
12,977
4,880
11,965
12,875
4,889
11,934
2,465
5
27
2,430
3,837
1,736
13,149
5,009
10, 365
2,468
5
28
2,430
3,769
1,675
13,012
4,992
10, 235
3,562
2,847
2,182
8
191
1,975
2,286
486
11,130
4,801
8,550
9,474
9,499
8,975
8,909
8,920
8,868
7,970
7,949
7,139
7,043
5,493
1,302
8,396
3,327
5,069
1.00
1.25
1,302
8,538
3,395
5,143
1.00
1.25
1,303
8,577
3,421
5,156
1.00
1.25
1,305
8, 626
3,486
5,140
1.00
1.25
1,290
8,299
3,224
5,075
1.00
1.25
1,285
8,353
3,256
5,097
1.00
1.25
964
8,037
3,166
4,871
.25
.25
967
8,018
3,126
4,892
.25
.25
4,797
1.00
1.00
8,540
3,743
4,797
1.00
1.00
8,945
3,931
5,014
1.00
.75
6,607
5.02
165
6,188
6.585
5.03
192
6,085
6.585
5.02
172
5,958
6.583
5.01
188
5,963
6.583
4.99
180
5,929
6.584
4.97
174
5,909
6.632
4.94
234
5,524
6.610
4.93
225
5,512
6.595
5.04
229
5,330
6.599
5.04
233
5,328
4.960
4.28
345
5,702
50,170
102.68
5,791
126.68
108.0
123.4
103.9
48.6
54,610
102. 79
5,147
125.92
106.3
121.1
103.7
48.0
50,350
102. 50
5,064
123. 52
104.7
119.5
101.6
47.2
51,150
102.38
3,833
120. 68
103.3
118.2
98.9
46.8
51,810
102. 26
4,561
120.81
103.7
118.5
99.4
47.0
45,180
102. 00
4,376
118.69
101.0
116.1
95.3
45.1
61, 570
96.24
4,965
96.24
76.2
88.1
70.9
32.8
79, 670
96.62
6,721
96.99
76.8
88.7
71.3
33.5
52,000
94.75
3,001
85.13
73.1
80.9
72.0
43.9
59, 600
94.95
4,000
85.79
74.1
82.0
72.7
44.8
81,100
86.00
26, 737
88.46
75.4
77.8
97.7
44.0
99,695
1,150
2,030
2,909
72
100, 733
1,121
2,005
2,963
72
8,658
100,415
1,122
1,990
2,971
71
8,332
101,752
1,091
1,945
2,935
70
108,346
1,260
1,922
2,944
69
7,771
109,821
1,135
1,955
3,007
69
9,513
88, 537
1,089
1,772
2,690
38
7,353
90, 561
805
1,775
2,728
38
7,450
85,936
1,025
1,688
2,592
45
4,897
76, 630
1,010
1,675
2,602
57
5,050
59, 638
1,102
1,656
2,602
52
3,084
713,639
122,493
36,030
41,738
12,811
161,300
49,462
289,805
690, 716
112, 290
34,380
34,064
11, 686
160,889
50,485
286,922
686,812
113,809
33,642
32,108
10, 727
161, 424
49,954
285,148
695,845
110,858
34,762
31,690
11,802
165, 065
52,137
289, 531
646,859
123,100
31,155
29, 734
10,343
144,988
44, 655
262,884
683,406
114,330
33,414
31, 365
11,153
162,096
46, 729
284, 319
616, 863
123,872
28,516
28, 234
9,416
155,953
33, 535
237,337
567,049
93, 248
25, 954
25,081
9,082
155, 226
32,432
226,026
646,003
113,547
24, 266
43,084
18, 256
160,624
34, 874
251, 352
623,322
105, 016
24, 835
39,534
15, 290
160, 234
34, 412
244,001
641, 730
121,171
28, 466
46, 424
15,397
172, 277
18, 817
239,178
245
271
59
5,411
265
61
2,121
230
258
92
1,997
220
269
95
2, 225
227
281
78
2,848
213
225
90
3,159
183
191
50
2, 516
177
200
43
2,444
404
442
76
10, 662
363
98
5, 384
226
578
145
8,513
•Data do not cover calendar weeks in all cases.
3,701
22
SURVEY OF CURRENT BUSINESS
July 1936
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. Note, however, that many revisions have occurred since the last Annual Supplement was published. A special supplement was included in the April 1935 issue, pages 57 to 729 inclusive. This supplement gave the
monthly averages of all current series for the years 1933, 1933, and 1934.
The terms "unadjusted" and "adjusted" used to designate index numbers refer to the adjustment for
seasonal variation.
Data subsequent to May 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
1935
1936
May
May
June
July
1936
DecemOctober NovemAugust September
ber
ber
January
February
March j April
BUSINESS INDEXES
BUSINESS ACTIVITY (Annalist)t
Combined indexf
__
normal=100._
Automobile production t
normal=100._ ""113.5"
Boot and shoe production!—normal=100..
72~6
Carloadings, freight
normal = 100..
Cement production__
normal =100._
Cotton consumption
normal = 100.. """161.I
113.8
Electric power production._,normal = 100..
82.8
Lumber production!
normal=100._
76.5
Pig-iron production
normal=100..
54.3
Silk consumption
normal = 100._
91.3
Steel ingot production!
normal = 100..
Wool consumption!
normal = 100..
84. 3
Zinc production
normal = 100. _
79.3
"97.1
113.9
61.5
49.4
81.7
99.3
45.8
51.5
66.7
58.6
154.4
65.0
79.5
«82.4
103.2
63.1
52.1
74.8
102.2
52.5
49.3
61.8
57.1
125.3
70.5
80.7
* 82.1
115.1
58.4
45.9
80.7
103.5
64.1
50.0
64.0
58.3
140.0
72.1
82.7
«65.5
110.6
60.8
40.4
78.1
105.9
73.9
57.8
64.9
72.9
139.7
70.6
83.6
M5.6
114.2
62.5
43.0
87.4
105.1
80.8
61.8
74.5
77.0
125.9
72.1
87.4
«77.6
115.2
65.8
45.7
96.4
105.0
77.8
66.5
75.0
77.0
151.9
68.7
0
90.5
118.1
119.8
66.4
51.8
91.3
107.9
76.0
72.2
61.6
80.9
141 2
70! 8
94.9
«120.8
148.5
70.5
55.4
102.6
109.5
78.6
76.2
63.3
86.8
133.0
74.3
91.3
106.9
135.6
69.8
42.3
101.4
109.7
82.0
68.8
52.9
69.6
124.0
76.0
87.8
88.9
116.5
70.7
42.7
92.9
110.1
73.8
60.8
47.8
67.0
117.3
68.1
88.4
103.7
« 117. 5
65.6
52.8
95.2
109.3
77.6
61.2
52.6
70.2
107.2
74. 1
a
0
92.7
115.1
110.5
70.3
63.3
99.4
111.8
75.3
72.6
55.9
85.6
86 2
81.7
INDUSTRIAL PRODUCTION (F.R.B.)
95
96
95
*105
96
]03
Total, unadjusted
1923-25=100..
87
86
97
83
97
87
90
95
93
97
°95
87
98
96
83
«85
87
89
v 105
° 105
Manufactures, unadjusted... 1923-25=100. _
a
a
0 124
108
142
69
°28
°93
124
149
125
77
a 98
Automobilesf
1923-25=100
a 107
a 112
42
29
29
87
46
70
Cement
1923-25=100..
65
58
59
71
57
59
63
82
92
86
85
82
82
74
78
86
86
74
73
81
Food products
1923-25=100..
192
202
201
194
235
231
174
169
165
193
169
181
168
Glass, plate
1923-25=100..
94
83
87
114
90
72
111
89
Iron and steel t
1923-25=100
66
83
64
85
79
112
° 110
v 101
109
° 107
105
106
115
Leather and shoes!
1923-25=100..
104
116
100
120
107
Lumber
1923-25—100
Paper and printing
1923-25=100. _
172
168
170
174
178
Petroleum refining
1923-25=100..
160
176
166
176
169
173
167
99
107
89
85
96
99
113
95
91
91
97
81
Rubber tires and tubes
1923-25=100..
138
92
100
107
116
71
105
22
64
35
27
51
Shipbuilding
1923-25=100..
102
105
116
110
108
103
111
101
97
99
106
95
Textiles
1923-25=100..
132
140
119
147
141
135
136
140
152
143
148
150
139
Tobacco manufactures
1923-25=100..
96
99
106
89
94
100
88
95
92
97
84
85
Minerals, unadjusted
1923-25=100..
v 101
a
50
69
62
75
99
40
71
85
65
51
36
65
Anthracite
1923-25=100
v 69
98
70
88
*>67
"83
71
82
Bituminous coal
1923-25=100..
60
80
50
71
57
61
120
80
119
105
37
102
109
105
Iron-ore shipments
1923-25=100. _
64
63
60
73
70
69
Lead
1923-25=100 ~
62
56
70
70
57
57
56
140
145
142
142
P 153
« 150
Petroleum, crude
..1923-25=100..
132
143
141
136
139
137
136
68
81
100
99
97
88
74
50
46
73
62
59
68
Silver
1923-25=100..
82
86
78
89
82
90
95
95
73
79
76
75
75
Zinc
1923-25=100..
104
98
94
93
100
95
85
90
86
98
86
87
Total, adjusted
..1923-25=100..
v 101
98
104
86
91
95
97
91
93
99
84
84
88
Manufactures, adjusted
1923-25=100..
v 100
a
a
a 69
099
0 114
0 125
a 93
90
109
124
°85
110
a 94
a 77
Automobiles!
1923-25=100
v 118
58
47
49
74
71
59
52
Cement
1923-25=100
55
59
44
58
52
47
84
87
84
92
83
90
Food products
1923-25=100..
82
83
78
74
78
74
76
269
225
161
178
211
212
155
179
193
162
200
169
167
Glass, plate
1923-25=100..
103
83
83
105
86
100
96
83
88
66
66
69
81
Iron and steelf
1923-25=100..
a
124
118
111
M07
P 110
114
105
109
104
109
104
105
109
Leather and shoesf
1923-25=100
Lumber
1923-25= IOOII
Paper and printing
1923-25=100
172
168
173
169
178
Petroleum refining
1923-25=100..
160
176
172
176
166
169
168
82
77
116
142
96
133
75
104
102
79
83
92
Rubber tires and tubes
1923-25=100
141
138
129
Shipbuilding
1923-25=100..
179
120
56
21
119
15
64
48
35
111
105
102
100
100
102
106
106
113
100
104
105
Textiles
..1923-25=100.. ""V166"
148
148
140
152
145
147
134
138
137
129
138
140
130
Tobacco manufactures
1923-25= 100..
101
103
110
95
M05
v 102
89
92
93
98
84
81
87
Minerals, adjusted
1923-25=100..
p 69
71
70
93
48
63
71
48
97
62
36
65
48
Anthracite...
1923-25=100
0
0 75
v 76
92
70
Bituminous coal
1923-25=100
80
84
78
69
79
71
55
58
58
Iron-ore shipments .
1923-25=100
80
53
44
62
62
54
50
uo
62
59
63
Lead
" . I l l " 1923-25= 100"
75
70
70
63
68
67
59
59
60
55
p 151
146
148
143
146
M50
131
140
144
135
134
133
133
Petroleum, crude...1923-25=100..
93
90
96
68
80
75
51
68
47
Silver
1923-25=100..
71
73
59
84
84
77
85
91
94
73
82
84
80
79
80
81
Zinc
1923-25=100..
a
Revised.
p Preliminary.
t Revised series, refer to the indicated pages of the monthly issues for revisions; Annalist indexes complete, annually 1920-28, monthly January 1929-Decemoer 1932,
October 1933, p. 19; Annalist indexes, combined, automobile and steel-ingot production for 1933, August 1934, p. 22; Annalist indexes, boot-and-shoe production for 1934,
April 1935, p. 22: Annalist indexes, combined, automobile production and wool consumption revised for 1934, July 1935, p. 22; Annalist indexes, lumber production for 1934,
p. 22 of the September 1935 issue; automobile production revised for 1935. Revisions for months not shown above, January 103.2, February 99.6, March 101.1 and April 93.6
Federal Reserve Board indexes, leather and shoe production January 1919-October 1933, January 1934, p. 19; automobile and steel production for 1933, September 1934,
p. 22; leather and shoe production, 1935, p. 22, April 1936.
23
SURVEY OF CURRENT BUSINESS
July 1936
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
1936
May
1935
May
June
July
1936
August!^
111
- October
N
m
De c e m
hber
o r -
January
February
°ber
™ "
March
April
BUSINESS INDEXES—Continued
MARKETINGS
Agricultural products • (quantity)
1923-25=100Animal 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=100Cotton
1923-25=100—
Fruits
1923-25=100Grains
1923-25=100Vegetables
1923-25=100..
Agricultural products, cash income received
from marketings of:*f
Crops and livestock:
Unadjusted
1924-29=100Adjusted
1924-29=100..
Crops, adjusted
1924-29=100..
Livestock and products, adjusted
1924-29=100Dairy products, adjusted..1924-29=100..
Meat animals, adjusted
1924-29=100Poultry and eggs, adjusted_1924-29=100STOCKS
Domestic stocks
1923-25»100._
Manufactured goods
1923-25=100Chemicals and allied prod. 1923-25=100Food products
1923-25=100Forest products
1923-25=100. .
Iron and steel products
1923-25=100..
Leather
1923-25=100Metals, 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.l923-25=100_.
Foodstuffs
1923-25-100 Metals
1923-25=100—
Textile materials
1923-25=100..
World stocks—foodstuffs and raw materials:
TotalfA—
1923-25=100..
Coffee—adj. for seasonal... 1923-25=100Cotton—adj. for seasonal.. 1923-25=100Rubber—adj. forseasonalf 1923-25=100..
Silk—adj. for seasonal
1923-25=100..
Sugar—adj. for seasonalt 1923-25=-100 .
Tea—adj. for seasonal
1923-25=100..
Tin—unadjusted
1923-25=100.
Wheat—adj. for seasonal...1923-25=100-
68
84
114
60
128
164
52
31
82
49
94
63
82
116
61
117
130
44
23
89
33
94
61
81
144
52
98
315
40
19
69
31
103
70
86
145
58
81
510
53
32
88
59
68
78
75
109
65
63
256
80
63
85
109
45
106
76
100
72
65
146
136
200
85
107
73
124
82
89
84
69
89
167
280
126
85
103
98
77
72
69
106
83
119
202
66
66
71
78
76
74
68
106
40
79
119
65
49
59
68
74
85
74
70
48
61
72
58
46
74
57
61
85
57
59
35
53
57
65
34
85
67
77
95
65
108
37
56
41
72
51
98
61.5
72.0
69.0
57.0
64.0
57.0
52.0
60.0
54.5
53.5
60.5
54.5
64.fi
62.5
54.5
75.5
63.5
55.0
94.0
67.0
58.0
78.0
66.5
57.0
70.5
66.0
55.5
66.0
68.0
56.0
55.0
65.5
56.5
59.5
67.0
58.0
74.5
76.0
73.0
79.0
71.5
77.5
67.5
78.0
66.5
73.0
59.5
77.5
67.0
71.5
61.5
77.5
70.5
71.0
73.0
68.0
72.5
74.0
70.5
77.5
76.5
73.0
79.0
79.0
76.5
75.0
75.0
90.0
76.5
79.5
76.5
80.0
80.5
84.0
84.0
69.0
75.5
85.0
75.0
62.5
76.5
82.0
75.0
78.0
79.5
82.5
"82.5
73.5
105
102
122
66
107
116
81
122
61
116
150
102
108
73
94
78
156
113
102
116
72
113
101
80
149
62
114
162
121
121
84
99
95
179
110
105
117
83
113
102
79
155
63
114
168
127
114
81
93
101
168
110
107
117
90
114
101
79
159
72
113
170
107
113
78
102
90
155
115
106
114
89
113
105
78
155
70
112
165
103
121
79
120
92
157
127
106
120
87
114
107
79
148
63
114
162
99
141
98
136
96
186
136
104
117
77
114
108
79
136
55
114
154
101
160
115
144
88
225
136
101
118
63
115
109
81
124
47
115
161
103
161
111
141
88
235
133
103
121
66
117
109
79
122
39
115
170
105
154
107
127
86
233
127
104
124
70
114
110
83
119
54
115
166
104
144
98
112
87
225
122
105
132
65
112
122
81
115
61
113
167
104
134
88
103
86
213
115
104
133
62
109
115
80
119
70
115
156
100
123
81
97
84
194
° 109
102
128
62
108
110
82
121
65
115
152
100
115
°76
93
72
177
219
334
158
°357
201
295
155
80
166
213
"348
148
375
211
275
151
69
163
205
350
136
°392
177
259
147
63
172
209
357
147
384
179
246
139
64
174
212
370
159
«370
194
226
136
67
188
213
378
169
355
176
228
133
64
188
215
399
169
328
166
259
129
72
176
213
419
170
322
163
248
128
66
186
"212
394
165
319
184
256
124
64
172
207
400
154
319
197
263
123
75
152
« 206
413
161
306
186
264
133
77
137
°203
380
161
300
186
268
139
64
134
387"
170
173
77
65
80
98
64
120
46
50
35
79
43
84
° 57. 5
69. 5
°60.0
a
COMMODITY PRICES
COST OF LIVING (N. I. C. B.)
84.6
Total, all groups
.1923=100..
73.6
Clothing
_
1923=100..
85.0
Food
1923=100-.
84.6
Fuel and light
1923=100..
77.1
Housing
_
1923=100..
93.6
Sundries
_
..1923=100..
FARM PRICES (Dept. of Agrl.) §t
Total, all groups
1909-14=100103
101
Chickens and eggs
1909-14=100..
96
Cotton and cottonseed
.1909-14=100..
106
Dairy products
1909-14=100..
103
Fruits
1909-14=10088
Orains
1909-14= 100..
118
Meat animals
1909-14=100
105
Truck crops
_
1909-14=100..
97
Miscellaneous
1909-14=100..
RETAIL PRICES
Department of Labor indexes:
Coal*
iQn=lflfl
Foodl
1923-25=100- "~""79."9~
i? aircniiu s index:
88.1
Combined index
..Dec. 1930=100—
Apparel:
92.8
Infants'wear
Dec. 1930=100
Men's..
Dec. 1930=10087.5
89.9
Women's..
Dec. 1930=100..
H o m e furnishings
Piece goods
_
Dec. 1930=100. .
. . D e c . 1930= 100_.
89.3
84.6
82.9
75.0
85.1
83.9
69.6
92.5
82.7
74.5
84.2
83.7
69.9
92.7
82.6
74.4
83.3
83.7
70.5
93.1
83.0
74.2
83.7
84.0
71.5
93.1
83.5
74.3
84.8
84.7
72.1
93.1
83.9
74.4
85.2
86.2
72.7
93.4
84.3
74.5
86.1
86.6
73.0
93.4
84.8
74.6
87.2
86.7
73.4
93.4
84.8
74.5
86.9
86.7
73.9
93.4
84.4
74.1
85.7
87.1
74.1
93.5
84.1
74.0
84.3
87.1
74.7
93.7
84.3
73.8
84.3
86.6
75.9
93.7
108
110
105
107
98
112
118
127
89
104
108
103
99
100
102
119
96
86
102
107
102
97
98
96
116
93
85
106
111
97
98
87
96
129
92
102
107
126
90
102
82
97
131
101
96
109
132
94
104
82
101
125
120
103
108
140
99
111
83
90
117
136
103
110
135
98
118
92
89
120
136
108
109
117
95
120
89
92
122
118
112
109
121
94
123
92
92
125
117
94
104
99
93
118
94
92
122
77
91
105
97
96
114
89
89
125
107
94
148
81.4
147
81. fi
150
80.2
153
79.6
80.1
162
80.5
81.5
82.0
158
81.7
80.6
79.5
164
79.7
86.1
85.7
85.2
85.7
86.6
87.6
88.0
88.2
88.3
88.3
88.1
88.1
93.5
87.3
87.8
88.2
84.6
93.5
87.2
87.9
87.8
84.3
93.2
87.1
88.1
87.7
84.6
93.4
87.1
88.4
87.8
84.8
93.4
87.2
88.8
88.5
84.9
92.6
87.2
89.1
89.0
84.8
92.7
87.2
89.4
89.1
84.9
92.7
87.3
89.4
89.2
84.7
92.7
87.3
89.5
89.2
84.7
92.7
87.3
89.5
89.3
84.6
92.9
87.3
89.5
89.2
84.5
92.8
87.4
89.8
89.2
84.5
• Revised.
• New Series. See pp. 16-19 of the May 1934 issue, cash income for marketings of agricultural products, p. 19 of the December 1932 issue, Fairchild's price index, and
pp. 19 and 20 of the March 1933 issue, quantity marketings.
§ Data for June 15, 1936: Total 107, chickens and eggs 103, cotton and cottonseed 96, dairy products 106, fruits 115, grains 87, meat animals 120, truck crops 99,
miscellaneous 120.
t Index of farm prices has been completely revised. For earlier data see p. 20 of the November 1934 issue. World stocks—revised total, rubber adjusted and sugar
adjusted indexes for January 1927-June 1932, appeared on p. 20 of the September 1932 issue. Cash income for marketings of agricultural products revised from January 1933June 1935. For revisions see p. 19 of the September 1935 issue. World stocks—total revised for period 1920-1935, see p. 20 of the May 1936 issue.
• Monthly retail prices of coal were discontinued with the month of August 1935. Subsequent to that date the price will be shown quarterly.
1 This series has been completely revised. Revised indexes for months not shown in the December 1935 issue will appear in a subsequent issues. Index computed every
2 weeks; monthly index is figure taken nearest the middle of the month; prior to Aug. 15, 1933, index computed once a month.
• See footnoote on p. 24 marked, "c?".
24
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
1936
May
Julv 1936
1935
May
June
July
1936
Decem- January
August SeptemOctober November
ber
ber
V U
Z'
Mareh
April
COMMODITY PRICES—Continued
WHOLESALE PRICES
Department of Labor index:
Combined index (784)
-..1926=100..
Economic classes:
Finished products
1926=100..
Raw materials
1926=100..
Semimanufactures
__ 1926 = 100..
Farm products
1926=100..
Grains
_
1926=100..
Livestock and poultry
1926=100..
Foods
_
1926=100..
Dairy products
1926=100..
Fruits and vegetables
1926=100..
Meats...
1926=100..
Other products.
1926=100..
Building materials
1926=100..
Brick and tile
1926=100..
Cement
1926=100..
Lumber
.1926=100..
Chemicals and drugs
1926=100..
Chemicals..
1926=100..
Drugs and Pharmaceuticals
1926=100..
Fertilizer materials
1926=100..
Fuel and lighting
1926 = 100..
Electricity....
1926=100..
Gas
1926=100..
Petroleum products
1926=100..
Hides and leather.
1926 = 100..
Boots and shoes
1926=100..
Hides and skins
1926=100..
Leather. __
__
1926=100..
House-furnishing goods
1926=100..
Furniture..
1926=100..
Furnishings
1926=100..
Metals and metal products. 1926=100..
Iron and s t e e l . . .
1926=100..
Metals, nonferrous
1926=100..
Plumbing and heating equipment
1926=100..
Textile products
1926=100..
Clothing. _.
1926=100..
Cotton goods
.1926=100..
Knit goods..,
1926=100..
Silk and rayon
1926=100..
Woolens and worsted
1926=100..
Miscellaneous
1926=100..
Auto tires and tubes
1926=100..
Paper and pulp
1926=100..
Other wholesale price indexes:
Bradstreet's (96)
1926=100..
Dun's (300)
....1926=100World prices foodstuffs and raw materials:* <?
Combined index
1923-25=100..
Coffee
1923-25=100..
Cotton
1923-25=100..
Rubber
1923-25=100..
Silk
1923-25=100..
Sugar
1923-25=100..
Tea
1923-25= 100. „
Tin
_
1923-25=100 .
Wheat
. . . . 1923-25=100Wholesale prices, actual. (See under respective commodities.)
78.6
80.2
79.8
79.4
80.5
80.7
80.5
80.6
80.6
80.6
79.6
80.5
75.8
74.1
75.2
70.6
82.5
78.0
75.0
72.3
85.1
78.8
85.8
88.8
95.5
83.0
77.7
84.1
82.4
77.6
73.5
80.6
83.2
87.6
84.1
77.7
66.3
97.0
77.6
84.8
89.3
94.9
79.8
81.2
87.5
82.2
76.4
73.9
78.3
76.9
84.8
82.8
74.6
68.7
94.5
78.0
85.3
89.2
94.9
81.6
80.7
86.3
82.0
75.8
72.8
77.1
78.3
82.8
82.1
74.0
65.1
93.3
78.0
85.2
89.1
94.9
81.7
78.7
84.6
83.0
77.1
73.2
79.3
79.3
91.6
84.9
75.7
60.5
102.0
77.9
85.4
89.0
94.9
82.0
78.6
84.3
83.1
77.3
74.4
79.5
83.5
92.0
86.1
76.0
60.0
102.9
77.8
85.9
88.8
94.9
82.1
80.2
86.9
82.7
77.1
76.3
78.2
86.4
86.6
85.0
76.9
59.1
97.1
78.3
86.1
88.3
95.5
82.0
81.1
88.3
82.7
77.2
76.2
77.5
77.9
83.1
85.1
81.1
63.2
94.3
78.8
85.8
88.3
95.5
81.8
81.2
88.4
83.1
77.7
75.2
78.3
76.6
87.4
85.7
83.7
63.7
97.5
78.7
85.5
88.9
95.5
81.5
80.6
87.7
82.4
78.1
74.8
78.2
78.9
89.1
83. 5
84.2
62.2
919
78.8
85.7
88.4
95.5
82.2
82.2
79.1
74.6
79.5
78.3
90.3
83.2
85.7
62.4
92.1
79.0
85.5
88.4
95.5
82.3
80.1
87.0
81.3
77.4
74.4
76.5
75.6
88.3
80.1
80.3
65.1
89.7
78.9
85.3
88.9
95. 5
82.6
79.3
85.9
73.2
64.7
76.0
74.3
65.7
74.2
90.2
95.2
53.2
88.9
97.3
78.0
80.5
80.5
77.1
83.9
86.9
87.1
69.1
74.0
65.7
74.7
87.8
94.0
52.9
89.3
97.8
79.8
80.2
80.4
76.8
84.0
86.4
87.0
66.1
73.8
66.8
74.1
86.7
91.8
52.4
89.6
98.3
80.4
80.2
80.5
77.0
84.0
86.6
87.1
66.9
73.8
67.2
73.0
87.5
91.9
50.6
90.9
98.3
83.8
83.0
80.5
76.9
84.0
68.6
74.2
67.2
73.4
86.3
89.0
50.1
93.6
98.8
92.9
86.6
80.6
76.9
84.2
86.5
86.9
70.9
74.7
67.5
74.5
86.2
86.8
52.5
95.0
99.6
96.0
88.1
81.0
77.1
84.7
86.9
87.0
71.3
74.7
64.5
74.6
84.9
84.5
52.8
95.4
100.1
96.5
87.6
81.0
77.1
84.7
86.8
86.9
70.6
70.4 I
64.4 i
75.1
83.1
58.2
94.0
100.2
87.3
84.4
81.5
77.9
85.0
86.3
86.3
70.7
74.2
65.9
73.1
88.7
92.0
52.2
88.3
97.2
76.1
79.6
80.6
77.1
84.1
86.6
86.6
69.2
73.2
64.5
76.1
86.2
82.1
55.7
96.1
100.5
96.7
86.0
81.5
77. 9
85.0
86.7
86.9
69.7
73.0
64.8
76.2
84.4
84.4
56.0
94.9
100.4
91.0
85.0
81.4
77.9
84.9
86.6
86.3
69.9
73.8
69.8
81.1
75.5
60.6
29.1
82.2
69.2
47.5
80.5
67.1
69.4
78.5
82.7
60.4
27.6
73.5
68.7
45.0
80.0
66.2
70.1
80.7
82.5
59.5
27.2
75.6
68.4
45.0
79.7
68.8
70.2
80.7
82.0
59.9
27.9
76.4
67.7
45.0
79.7
71.1
70.9
80.5
82.5
60.2
31.0
76.4
67.3
45.0
79.7
71.1
71.8
80.8
83.2
61.6
32.9
76.9
67.1
45.0
79.7
71.1
72.9
80.8
84.5
63.2
35.1
79.1
67.5
45.0
79.7
71.1
73.4
80.7
85.8
63. 2
35.0
80.7
67.4
45.0
79.4
71.1
73.2
81.0
86.0
62.2
33.7
81.0 j
67.5
45.0
79.2
71.7
71.7
80.8
80.4
61.8
33.5
81.4
67.8
45.0
79.8
73.8
71.0
80.7
78.1
73.8
70.8
80. 7
77.1
31.6
82.8
68.1
45.0
79.9
30.9
83.8
68.3
45.0
80.3
75.4
91.3
76.7
92.4
76.2
90.7
76.8
90.9
77.5
90.6
78.8
94.1
79.6
94.7
80.5
94.2
80.2
94.4
77.6
94.9
76.8
95.2
76.3
92.1
51.4
42.5
43.0
36.6
22.4
70.3
68.0
92.1
55.4
48.6
42.0
45.2
28.1
19.8
59.4
65.3
101.7
53.4
47.6
41.0
43.8
29.3
19.2
60.3
61.0
101.6
50.2
47.9
40.5
44.9
28.3
20.2
58.6
65.1
104.0
51.2
48.2
40.0
42.3
28.0
23.8
59.6
66.3
100.3
54.7
49.6
42.5
39.7
26.9
26.1
64.8
77.1
97.6
58.0
52.2
43.5
41.2
29.7
29.1
67.8
77.0
101.9
62.7
50.3
42.0
44.1
30.7
29.2
62.8
67.9
103.2
54. 9
49.5
42.0
44.5
30.8
27.4
55.6
66.0
99.0
59.2
« 51. 2
45.0
43.8
* 33. 6
27.2
59.1
67.8
94.0
63.1
50.5
47.0
42.6
«36.3
24.9
61.1
69.5
95.3
58.1
51.3
44.5
41.9
37.2
24.2
65.8
70.1
95.5
58.7
128.1
125.2
142.7
120.3
125.6
122.9
136.1
122.9
126.2
122.7
141.4
123.2
126.8
124.7
144.1
123.3
125.1
125.6
138.7
122.7
124.8
124.8
137.4
122.0
125.1
124.2
135.0
121.4
125.0
122.7
136.1
120.8
124.5
122.0
133.7
120.0
125.0
122.4
135.0
120.0
125.0
124.1
135.0
120.6
126.5
125.8
141.4
121.1
8U.5
87.6
83.2 I
54.4 !
97.1 |
100! 5
87.3
81.4
77.9
84.8 i
86.7
87.1 !
69.7
en
i
PURCHASING POWER OF THE
DOLLAR•
Wholesale prices
Retail food prices 1_
Farmpricesf
Cost of living.
_
..1923-25 = 100..
1923-25=100..
1923-25=100..
1923-25 = 100
CONSTRUCTION AND REAL. ESTATE
CONSTRUCTION CONTRACTS
AWARDED
Contracts awarded, F. R. B.:%
44
50
47
53
44
53
32
40
45
56
35
39
Total, unadjusted
1923-25=l00_.
22
21
22
28
24
25
25
25
25
39
25
26
Residential
1923-25=100—
60
67
61
52
47
38
48
46
35
43
27
30
Total, adjusted
1923-25=100..
21
24
24
25
25
26
26
25
25
26
33
25
Residential
1923-25=100
F . W. Dodge Corporation (37 States):A
Total, all types:
Projects
number
13,242
13, 242
10,501
10,450
10,929
10,655
10, 655
9,978
11,385
9,256
8,249
7,724
6,442
10,514
13,338
126, 720 148,005 159,258 168,557
168, 557 167,376 200,596 188,115 264,137 204,793 142,050 198,978 234,632
Valuation..
.".".Vthous. of d o l " 216,071 126,720
Nonresidential buildings:t
2,761
2,355
2,796
3,106
2,753
3,178
3,325
3,307
2,778
3,318
3,436
3,059
Projects
number..
9,632
20,680
16, 047
8,602
11,680
11,384
15,098
9,145
9,075
8,288
10,813
Floor space
_
thous. of sq. ft— 15, 629
59,036
56,969
58,489
49, 420
68, 080 124,506
90,480
62,611
81, 460
59,180
50,433
Valuation
thous. of dol.. 82, 252
° Revised.
* New series. For earlier data on the following subjects refer to indicated pages of the monthly issues as follows: World prices, p. 20, September 1932; Purchasing
Power of the Dollar (except for farm prices), p. 18, August 1933.
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
Farm prices (purchasing power) are on p. 20 of the April 1935 issue.
A A continuation of the statistics shown on pp. 30 and 32, of the 1932 annual supplement, by classes, for the years 1932 and 1933 was published on p. 19 of the August
1934 issue and for 1934 on p. 19 of the October 1935 issue. Series also revised for 1935. See p. 19 of the May 1936 issue.
X Indexes are based on 3-month moving average of F . W. Dodge data centered at second month.
1 See footnote on p. 23 marked " 1 " .
<? Index revised to exclude copper prices, since data on copper stocks have not been available subsequent to October 1931. Both stock and price series now cover 8
commodities as listed. For revised data for period 1920-35 see p. 19 of the May 1936 issue.
http://fraser.stlouisfed.org/
Federal Reserve Bank of St. Louis
25
SURVEY OF CURRENT BUSINESS
July 1936
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
1935
1936
May
May
June
July
1936
Nov
August SeptemOctober ! ber
ber
Decem- January
ber
February
March
April
CONSTRUCTION AND REAL ESTATE—Continued
CONSTRUCTION CONTRACTS
AWARDED—Continued
F. W. Dodge Corporation (37 States)—Con.
Public utilities:#
Projects
_ _ __
.number
Valuation
thous of dol
Public works:#
Projects
number
Valuation
thous. of dol..
176
12 773
132
5,419
138
9,146
198
13, 810
182
4,422
176
12, 493
223
11,198
207
10, 694
269
18,104
221
17, 926
136
11, 939
205
JS, 106
221
23, 753
1 102
50,792
923
25,967
1,087
29,991
1, 050
40, 083
1,358
65,118
1,422
63, 653
1,614
75,117
1,540
69, 645
1,328
76, 387
1,048
58,948
702
36, 325
1,123
44,191
1,092
49, 660
8,528
Projects
number..
Floor space
thous. of sq. ft.. 20,547
70, 253
Valuation
thous. of dol
Engineering construction:^
Total contracts awarded (E. N. R.)
thous. of dol._ 141,257
HIGHWAY CONSTRUCTION
Concrete-pavement contract awards:
5, 235
Total
_
thous. of sq. yd__
3,621
Roads only
thous. of sq. yd_.
6,268
13,136
44,902
6,166
13, 702
49, 833
6,356
13,115
48, 395
5,808
11, 753
40, 528
5,602
12, 002
41,811
6,230
16, 764
55,100
4,756
12, 253
39, 695
3, 856
11,899
45,140
3,694
10, 306
37,440
3,249
9,115
31,176
6, 080
15,604
55, 221
8, 233
19, 736
67,151
122,827
110,161
86,873
158, 057
114,840
182, 631
154,973
235, 506
288, 547
164, 499
147,697
195, 458
2, 250
1,111
2,129
1,508
3,303
2,381
3,052
2,395
4,663
3,766
6,816
5,888
4,496
3,327
6, 869
3, 591
2,250
1,217
2, 068
1, 398
2, W2
1,579
3, 835
2,767
1,889
33,480
1,427
26,004
876
20, 048
559
14, 221
402
11, 984
295
10,100
290
8,740
241
8,092
267
7,279
308
7,607
291
7,623
296
7, 382
Approved for construction (TV. I. R. A.):*
Mileage
number of miles..
Public works fundf alloted.thous. of doL.
252
5,975
61,015
59,593
65, 390
74, 700
56, 4S4
88, 776
Estimated total cost
thous. of dol.. 50, 197 191, 522 185, 044 170, 846 149, 047 126, 211 102, 246
Public works funds allotted
56, 653
60,877
52, 00.r!
80,810
68, 965
55,085
92, 885
thous. of doL. 45, 693 175, 478 168,816 155,739 136, 399 114,867
601
667
569
467
2,334
2,020
1,189
982
3,261
1,328
248
4,110
3,815
Federal aid funds allotted.thous. of dol.
1,734
1,988
1,679
5,031
1, 527
7,881
6,386
2,968
2,371
3,706
1,339
9,121
8,530
Mileage
number of miles
CONSTRUCTION COSTS
Building costs—all types {American Ap159
158
159
158
157
157
157
158
157
157
158
157
praisal Co.)*
1913=100
Building costs—all types {A. 0. C.)
178
173
178
178
178
174
173
173
178
175
178
177
175
1913=100..
Building costs—all types (E. N. R.) §
201.2
199.5
201.2
202.2
194.9
194.9
203.4
194.1
195.1
195.1
195.1
194.8
195.2
1913=100..
Building costs—factory (Aberthaw)
178
177
177
177
1914~100
MISCELLANEOUS DATA
27, 730
30, 910
29. 177
25, 787
20, 872
27, 969
16, 642
19, 786
18,137
21.238
18,500
19, 294
Fire losses, United States
thous. of doL. 21,479
11, 794
12, 560
13, 126
13, 245
13, 221
14,398
12, 886
17, 249
14,964
14,470
17,441
15,835
Foreclosures**
number
Real estate:
Home loan bank, loans outstanding*}:
90, 432
95, 595
97, 089 102, 795 102, 800 102, 942 103,358 105, 972
79, 233
86, 025
75,836
80, 877
thous. of dol_. 110,922
Home Owners' Loan Corp:*
140, 795
Applications received
number
2,914
Loans closed:
9,392
14,192
8, 386
6, 305
15,634
19, 002
12, 892
16, 259
13,142
14, 623
6,073
13, 413
13, 593
Number
29, 984
19,891
44, 409
25, 715
58,541
41,181
49,883
47,927
40. 558
44.775
41, 570
41, 236
Amount..
thous. of dol.. 21, 865
Loans outstanding*
thous of dol— 3,083,312 2,620,119 2,660,677 2,702,247 2,747,022 2,788,203 2,838,086 2,886,013 2,940,029 2,984,438 3,014,423 3,040,137 3,060,029
DOMESTIC TRADE
ADVERTISING
Printer's Ink indexes (adjusted for seasonal
variation):*
Combined index
1928-32=100.
Farm papers
1928-32=100..
Magazines
1928-32=100..
Newspapers
1928-32=100..
Outdoor
1928-32=100..
Radio
..1928-32=100..
Radio broadcasting: A
Cost of facilities, total
thous- of dol_.
Automotive
thous. of dol..
Drugs and toilet goods
thous. of dol..
Foods
thous. of dol._
Petroleum products
thous. of dol_.
Tobacco manufactures
thous. of dol._
All other*
thous. of dol..
Magazine advertising:!
Cost, total
thous. of doL.
Automotive
thous. of dol_.
Drugs and toilet goods
thous. of doL.
Foods
..thous. of dol._
Petroleum products
thous. of doL.
Tobacco manufactures
thous. of doL.
All other*..
.thous. of doL.
Lineage, totalfthous. of lines._
184.6
81.6
64.6
81.8
80.4
£y. 4
169.9
78.7
63.9
78.8
76.1
63.2
182. 1
79.4
58.8
78.4
77.2
63.4
188.2
79.8
65.5
77.1
78.6
58.9
182.5
76.6
69.8
74.4
75.5
52.4
184.5
79.0
61.5
75.1
77.9
59.5
185. 2
83.2
62.6
81.0
82.9
58.0
177.5
84.1
74.4
82.4
84.7
47.0
195.0
80.2
67.1
82.2
79.1
50.0
187.0
78.0
66.0
82.5
75.5
52. 3
189.7
84.8
66.6
86.8
81.5
71.1
192. 8
87.7
72.8
89.2
85.0
70. 6
185. 2
4,315
450
1,231
1,106
329
393
806
3,973
312
1,319
« 1,124
272
280
667
3, 448
275
1,196
912
262
284
518
3,119
215
1,097
897
311
188
413
2,900
188
967
876
302
183
386
3,250
244
1,096
911
313
184
503
4,710
721
1,283
1,154
384
367
4,377
400
1,296
1,072
382
368
861
4,780
487
1,406
1, 171
398
384
934
4,741
432
1, 469
1,197
402
359
882
4, 621
466
1, 428
1,111
390
895
5,210
539
1, 555
1.260
417
370
1,069
a
4, 693
453
« 1, 404
a
1, 182
344
395
913
14,929
2,332
2, 359
1,742
468
610
7,419
2, 852
12,142
1,641
2,185
1,636
329
489
5,862
2,618
11,004
1,555
2,017
1,556
344
595
4,938
2,335
7,798
1,005
1, 616
1, 380
292
563
2,941
1,831
7,074
1,023
1,464
1,100
284
484
2,719
1,497
8,852
832
1, 454
1,296
220
525
4, 523
1,812
10, 248
686
1,957
1,690
192
526
5,197
2,181
11, 747
1,684
2,203
1,986
263
559
5,052
2,201
9,360
979
1, 609
1, 630
110
565
4, 467
2,334
7.435
1.157
1,241
1, 230
148
580
3,079
1,696
11, 166
1, 655
2,323
1, 837
191
494
4, 665
2, 128
13, 431
2. 044
2,477
2, 195
214
508
5, 932
2,511
14,516
2, 146
2. 506
1,784
459
591
7,031
2,880
a
331
* 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, see November 1934 issue for beginning of series. For Home Loan Bank loans outstanding for period December 1932-January 1936 see p. 19 of the April 1936 issue.
Home Owners' Loan Corporation data from September 1933 to April 1934 will be shown in a subsequent issue. Total loans closed to M ay 31,1936, $3,081,893,559. Printers'
Ink indexes from January 1922 to May 1934 appear on p. 19 of July 1935 issue. Data prior to May 1934 on "all other" radio and magazine advertising not published.
See special note below on foreclosures. Data on H. O. L. C. loans outstanding for period September 1933-January 1936 are shown on p. 19 of the April 1936 issue.
t Revised series. See p. 20 of the October 1933 issue, magazine lineage. For revised data on magazine advertising cost for the years 1933 and 1934, see p. 19 of the February 1936 issue.
§ Index as of June 1, 1936, 204 6.
• Compiled by the Federal Home Loan Bank Board and represent the number of foreclosures on all types of properties in 1,013 identical communities in 48 States,
having 53 percent of the population of the United States. Data prior to October 1933 not published. Comparable annual totals for 1926, 65,857; 1932, 210,821; and 1933
209,003. Data were not compiled for other years. Months subsequent to September 1934 were computed by means of a link relative to keep series comparable since the
figures for these months are from a slightly different number of communities.
# These series represent a break-down of the combined total shown in the Survey previous to September 1933. For earlier data s9e p. 20 of the September 1933 issue.
i Months of May, August, and October 1935; January and April 1936 include 5 weeks; other months include 4 weeks.
t For the period October 1933-February 1935, inter-bank loans that were formerly included have been removed.
A Data for 1935 revised. See p. 25 of the May 1936 issue.
http://fraser.stlouisfed.org/
77024—36——4
Federal Reserve Bank of St. Louis
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
1935
1936
May
Julv 1936
May
June
July
1936
DecemOctober NovemAugust September
ber
ber
January
February
March
April
DOMESTIC TRADE—Continued
ADVERTISING—Continued
Newspaper advertising:
Lineage, total (52 cities)•..thous. of lines- 127,182
Classifled
thous. of lines.. 24,172
Display
thous. of lines.. 103,010
8,493
Automotive
thous. of lines..
1,933
Financial
thous. of lines,.
23,
498
General-.
thous. of lines..
Retail
thous. of lines.. 69,086
115,854
20,174
95,680
8,978
1,614
20, 504
64, 584
102,210
20, 061
82,149
8,426
1,642
18,042
54,038
87, 363
18, 299
69, 064
6,415
1,926
16,862
43,861
89,997
19, 266
70, 731
5,281
1,280
14,459
49, 712
101, 347
20,155
81,192
2,910
1,454
16, 629
60, 200
117,427
20, 658
96, 769
5,714
1,983
20,775
68,297
117,704
19, 753
97,952
7,677
2,096
20,980
67,198
118,684
20,171
98,513
4,058
1,835
16,269
76,351
94, 810
18,499
76,311
3,787
2,536
17, 686
52, 301
91, 334
17, 546
73, 788
3, 632
1,942
19,464
48, 751
116,443
21,991
94,452
5, 453
2,773
22,899
63, 327
121,887
22, 548
99,33)
7,813
2, 488
21.812
67, 227
63.1
62.3
63.0
63.1
62.5
61.9
62.3
62.2
62.4
60.7
61.8
62.1
2,329
2,179
2,142
2, 057
1,994
2,272
2,053
2,409
2,655
2,218
2,506
2,297
669,749
677, 232
728, 600
761, 385
732,875
807, 460
717,264
858,100
61, 833
745, 845
902, 749
3,714
35, 237
3, 552
33,807
3,512
34, 607
3,428
33,812
3, 359
33, 417
3,809
37, 327
3,740
35, 890
4,346
39, 631
3,952
37, 528
3.953
36, 611
4,123
38, 676
3. 950
37,884
12,177
92, 975
2,149
12, 023
87, 441
2.238
11.358
89, 525
2,052
11,071
88,997
2,479
10, 915
88, 703
2,416
13, 631
108, 905
2,038
12, 561
99, 403
2,733
14,341
107,701
5,281
12, 449
92, 882
2,294
11,523
85, 855
2,254
13,291
99, 739
3, 071
13,122
99,510
27, 365
3,222
24, 679
2,829
23,123
2,866
24,162
2,901
25,035
2,815
29, 354
3,292
27, 580
2,976
35,985
4,248
27, 434
3,257
26,103
3,060
28, 839
3,318
28.944
3, 320
GOODS IN WAREHOUSES
Space occupied, public merchandise in warehouses.
percent of totaL
NEW INCORPORATIONS
Business incorporations (4 States)..number..
POSTAL BUSINESS
Air mail, pound-mile performance*
thous. of lb.
Money orders:
Domestic, issued (50 cities):
Number
thousands
Value
thous. of dol._
Domestic, paid (50 cities):
Number
-thousands..
Value
thous. of dol
Foreign, issued—value
thous. of dol
Receipts, postal :1
50 selected cities
thous. of dol_.
50 industrial cities
thous. of dol—
27, 874
3, 124
RETAIL TRADE
Automobiles:*
New passenger car sales:
Unadjusted
1929-31 = 100- 137. 7
98.4
89.1
104.9
80.2
50.1
96 6
53.3
69.3
65.5
' 141. 1
90.6
"117.8
0
92.5
Adjusted
—
1929-31 = 100.
70.0
81.0
113. 5
79.0
89.5
75.0
82.0
102.0
101.0
78.5
106.5
93. 0
Chain-store sales:
Chain Store Age index:*tc?
Combined index t
av. same month 1929-31 = 100..
92
103
96
100
100
97
99
101
103
102
Apparel indexf
av. same month 1929-31 = 100..
117
100
101
108
101
107
105
110
100
119
114
115
Grocery t
av. same month 1929-31=100..
91
90
92
94
94
92
93
93
94
93
Five-and-ten (variety) stores:*
Unadjusted..
__ 1929-31=100—
86.1
95.1
96.8
86.0
82.0
73.5
80.3
79.3
87.7
93.4
67.7
95.7
178.4
Adjusted....
1929-31 = 100..
92.1
86.0
91.8
93.7
93.3
90.7
89.6
92.0
90.8
95.2
96.8
96.7
87.9
H. L. Green Co., Inc.:*
2,514
Sales
thous. of dol
2,229
2,684
2,158
2,049
2,088
2,043
2,157
1,753
1,868
2,476
2, 522
4,941
Stores operated
number..
132
130
131
132
137
134
132
133
134
130
130
131
133
S S. Kresge Co.:
Sales
thous. of dol— 11,925
10, 872
10,004
12, 269
10, 758
10,148
11, 048
8,597
10,043
11, 925
9, 571
12,011
21,551
Stores operated
number. .
726
736
735
735
737
737
739
743
737
744
745
741
740
S. H. Kress & Co.:
Sales
thous. of dol—
5,934
6,552
5,884
6,858
6,314
6,873
5,700
5,946
6,138
6,586
5,204
5, 459
13,789
Stores operated
number—
235
232
235
233
232
235
234
233
234
234
233
235
234
McCrory Stores Corp.: A
2, 651
3,262
3,057
2,784
2,989
2,822
3,284
2,893
Sales
thous. of dol—
2, 626
3,183
2,324
2,691
6,268
199
205
202
202
205
203
Stores operated
number.
201
205
200
200
200
203
201
G. C. Murphy Co.:
3, 089
2,420
2,351
2,354
2,320
Sales
-thous. of dol..
2,584
2,970
2,513
3.001
2,311
2, 865
2,003
5,005
190
190
Stores operated
number—
190
186
180
189
188
188
189
188
189
189
F. W. Woolworth Co.:
22, 622 1 21,052
19,016
Sales
-thous. of dol
21,113
20,169
19,677
21, 556
20, 243
23. 407
23,
383
23,
072
16,
983
39,
590
a
Stores operated
.number..
1,986
1,962
1,965
1.983
1,979
1,980
1,974
1,972
1,968
1,978
1,977
1,978
1,980
Restaurant chains (3 companies):
Sales
.thous. of dol—
3, 495
3,195
3,369
3,395
3,509
3,465
3,335
3,384
3,229
3,118
3,565
3,662
Stores operated
number.351
350
356
358
359
355
353
350
353
352
348
358
Other chains:
W. T. Grant & Co.:
Sales
thous. of dol..
8,328
', 649
7,654
6,475
5,754
7,430
6, 726
6,276
8,581
6,732
8, 365
5,175
14,818
Stores operated
number.
472
472
472
471
472
466
470
467
471
470
467
471
468
J. C. Penny Co.:
Sales
.thous. of dol.. 20, 640
24, 992
13,692
16, 282
16. 977
19.759
17, 935
15,919
17, 885
18, 806
24, 023
13,964
31, 332
Stores operated
number..
1,483
1,478
1,4S3
1,481
1,480
1,478
1,478
1,481
1,483
1,481
1,479
1,481
1,481
Department stores:
Collections:*
Installment account
17.6
percent of accounts receivable16.9
17.1
16.2
17.4
16.1
15.4
17.4
17.4
16.3
16.7
17.1
16.7
Open account
percent of accounts receivable..
43.9
45.8
45.3
41.1
43.2
44.4
40.6
44.2
45.5
46.8
46.9
4.M
44.0
• Revised.
• New series. For description of Chain Store Age indexes see p. 19 of the December 1932 issue. Data of H. L. Green Co., Inc., prior to July 1933 will be shown in a
subsequent issue. For earlier data on automobiles see p. 19 of the April 1934 issue and variety-store sales, p. 18 of the March 1934 issue. Data prior to October 1933 on
collections not published. Data are currently being received from about 400 stores on open accounts and about 250 on installment accounts. Series on air mail not available
prior to May 1934. Series on basis of weight carried was published in the Survey for the period February 1926 to December 1933.
T Revised series. For revisions refer to the indicated pages of the monthly issues as follows: Apparel sales index of Chain Store Age, p. 26, October 1933. Combined
index and grocery index of Chain Store Age were revised for period January 1932 through August 1934. See footnote on p. 26 of the November 1934 issue.
1 Monthly data from January 1932 through June 1935 are on page 20 of the July 1935 issue.
• The New York Evening Post series on newspaper advertising in 22 cities is available for the period 1916 through January 1934. See the 1932 annual supplement and
monthly issues prior to December 1934.
A Data for 1935 revised. See p. 26 of the May 1936 issue.
cf Chain Store Age combined index for the period 1932-35 included 18 companies. Beginning 1936 it was increased to 20 caused by the addition of 1 apparel and 1 shoe
company.
27
SURVEY OF CURRENT BUSINESS
July 1936
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
1936
May
1935
May
June
July
1936
DecemAugust SeptemOctober November
ber
ber
January
February
March
66
86
54
09
70
So
10U
a 74
89
89
90
80
"88
78
a
70
103
78
87
81
9b'
84
79
92
82
80
"70
89
8.5
April
DOMESTIC TRADE—Continued
RETAIL TRADE—Continued
Department stores—Continued.
Sales, total value, unadjusted A
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
.1925=100
Minneapolis*
1929=100.
New York*
1925-27 = 100.
Philadelphia*
1923-25=100.
Richmond
1923-25= 100.
St. Louis
1923-25 = 100.
San Francisco*
1923-25=100.
Sales, total value, adjusted*. 1923-25 = 100.
Atlanta*
1923-25 = 100.
Chicago*!
1923-25=100.
Cleveland*
1923-25=100.
Dallas*
1923-25=100.
Minneapolis*
1929=100.
New York*
.1925-27 = 100.
Philadelphia*...
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.
Rural sales of general merchandise:*
Unadjusted
1929-31 = 100.
Adjusted
1929-31 = 100.
88
103
74
89
93
95
81
87
80
74
110
76
84
88
102
88
87
91
86
85
76
87
76
84
69
78
74
78
72
76
71
63
98
69
77
76
84
76
69
75
76
75
64
80
76
75
68
76
75
74
70
76
74
66
95
64
76
80
84
78
78
81
78
77
69
86
55
63
49
56
55
59
55
54
54
46
68
50
68
80
90
78
72
84
71
72
62
83
61
77
52
68
61
64
70
70
58
49
78
59
80
78
98
85
73
88
80
76
65
82
86
91
72
81
78
97
85
84
83
65
98
71
87
81
97
79
75
92
77
81
72
84
86
98
82
86
79
92
90
94
87
74
117
80
88
77
82
78
75
80
79
77
65
86
91
103
78
89
83
97
84
85
93
80
114
81
92
81
90
81
79
84
86
79
66
91
145
158
124
137
133
155
133
123
146
122
185
120
152
84
93
81
81
95
83
83
69
88
63
71
63
64
58
69
60
65
63
47
73
56
70
79
90
80
77
82
73
81
57
84
63
58
64
51
72
59
71
80
98
87
86
91
77
77
62
85
77
95
66
82
68
87
80
79
71
66
95
73
78
88
103
90
78
91
84
83
73
85
8.9
8.2
6.7
9.2
14.5
10.7
10.2
8.8
6.2
10.1
11.0
9.7
67
66
66
64
61
63
57
61
60
62
67
64
72
66
75
67
61
65
58
66
62
65
67
65
65
75, 219
30, 295
44, 923
58,105
22,915
35,190
58,953
23, 822
35,131
49, 888
20, 293
29,594
52, 402
22, 849
29,553
59,474
25,173
34,301
79,945
35, 897
44,048
71,777
30,910
40,867
90, 813
39, 475
51, 338
46,181
18, 508
27, 672
45, 435
17, 855
27, 580
60, 926
24, 845
36, 081
69,413
30,403
39, 011
106.5
113.3
87.6
93.1
94.2
99.7
74.7
97.0
79.8
92.8
103.7
104.8
127.6
104.6
127 6
103.7
155.9
109.8
79.9
96.3
84.2
93.0
99.2
106.7
105.5
109.9
84.6
75.7
76.6
"82.9
° 74. 4
75.8
"83.1
"74.4
76.0
84.1
75.7
77.1
85.1
77.6
"79.1
77
EMPLOYMENT CONDITIONS AND WAGES
EMPLOYMENT
Factory, unadj. ( R £.£.)*§
1923-25=100Durable goods group*§
1923-25=100Iron and steel and products. 1923-25=100..
Blast furnaces and steel works
1923-25=100Structural and metal work
1923-25=100Tin cans, etc
1923-25=100.
Lumber and products
1923-24=100..
Furniture
1923-25=100..
Millwork
1923-25 = 100..
Sawmills
1923-25=100.
Turpentine and rosin
1923-25=100..
Machinery
1923-25=100Agricultural implements. 1923-25=100. _
Electrical machinery, etc_1923-25=100..
Foundry and machine-shop products
1923-25= 100..
Radios and phonographs.l923-25=100—
Metals, nonferrous§
1923-25=100Aluminum manufactures §
1923-25=100Brass, bronze, copper products
1923-25=100Stamped and enameled ware§
1923-25=100Railroad repair shops
1923-25=100—
Electric railroad..
.1923-25 =100._
Steam railroad
1923-25=100.
Stone, clay, and glass products
1923-25=100Brick, tile, and terracotta. 1923-25=100..
Cement
1923-25=100.
Glass
1923-25=100.
Transportation equipment. 1923-25=100. _
Automobiles
1923-25=100Cars, electric and steam.. 1923-25=100..
Shipbuilding
1923-25 = 100-.
Nondurable goods group*§...1923-25= 100..
Chemicals and products...1923-25=100—
Chemicals....
....1923-25=100..
Druggists' prep
1923-25= 100..
Paints and varnishes
1923-25=100..
82.0
70.5
73.2
83.7
71.2
74.7
85.3
74.9
76.4
85.0
76.1
76.8
71.7
73.7
74.4
75.6
76.2
77.0
77.1
76.6
77.4
°79. 7
56.9
100.0
51.9
69.1
44.8
"33.8
98.9
85.6
116.7
69.6
57.9
104.0
55.3
73.4
47.5
36.6
99.1
87.3
117.8
70.4
58.6
105.4
57.0
76.3
50.1
37.4
100.5
91.1
118.5
73.3
59.0
100.5
57.5
77.9
49.5
37.6
100.3
93.1
116.6
75.3
58.6
95.3
56.0
77.0
48.7
36.0
100.7
93.8
123.8
75.4
56.6
92.9
54.5
74.8
46.9
35. 1
99.7
93.1
128.9
74.0
57.4
91.6
52.9
71.7
45.5
34.4
98.0
92.5
133.9
72.1
57.7
91.4
"53.1
72.6
45.7
"34.3
98.1
92.6
136.3
71.4
60.9
93.9
54.5
72.4
47.0
36.1
97.1
93.6
138.7
72.3
° 64. 5
95. 8
55. 6
72. 1
"48. 5
"37.5
99.0
" 96. 2
140.4
°75.3
72.8
165.5
81.8
73.4
185.0
80.2
74.0
213.8
82.0
76.0
254.9
86.9
76.8
279.1
91.9
77.6
271.6
93.1
79.0
230.0
92.3
79.1
213.1
89.4
80.0
196.0
89.3
81.5
186.1
88.9
83.8
188. 6
88.7
85.6
79. 1
81.0
81.2
71.4
72.4
79.7
69.7
71.8
79.7
69.4
71.3
82.0
73.6
72,4
69.2
98.6
56.8
73.0
49.8
38.6
97.8
98.9
138. 3
77.1
56.0
90.4
50.9
67.0
40.7
34.0
99.0
84.5
97.0
70.7
56.0
96.0
48.9
67.1
41.9
30.9
98.9
84.2
110.6
69.6
86.1
214.4
89.0
73.8
168.0
82.9
84.6
78.3
76.2
74.6
75.5
79.1
82.7
83.0
82.1
81.2
82.0
85.2
84.3
87.7
80.8
78.9
77.4
78.2
81.8
86.8
89.0
88.5
87.6
87.2
86.9
86.8
110.8
60 1
65.9
59.7
106.9
53.6
65.7
52.7
102.5
53.8
65.6
52.9
100.4
53.5
65.2
52.6
101.9
52.8
65.3
51.9
106.2
52.6
64.6
51.7
112.7
55.1
64.5
54.4
116.2
55.7
65.1
55.0
117.0
55.8
64.8
55.1
110.5
55.9
65.0
55.2
109.2
58.2
65.5
57.6
109.1
60.1
65.8
59.7
112.8
59.9
66.0
59.4
59.8
39.9
58.4
97.3
105 0
115.0
62.2
98.4
92.6
110.1
110.3
96.8
114.4
55.0
29.6
57.0
94.8
102.7
116.4
60.3
76.4
91.8
108.0
107.1
96.8
112.6
55.7
32.1
60.1
95.2
93.7
107.2
48.2
66.2
90.6
107.2
108.1
95.8
112.5
54.7
32.9
57.5
92.7
87.2
100.6
31.7
71.3
90.8
106.8
109.0
95.1
108.6
55.9
33.8
53.8
95.7
83.5
95.1
32.2
72.4
94.3
107.9
107.7
97.3
105.5
55.8
34.0
51.9
95.8
75.8
84.0
33.5
76.1
97.1
110.7
108.0
99.5
106.7
56.7
35.3
52.9
97.5
92.3
105. 0
40.0
79.8
96.4
113.1
108.9
101.6
109.2
56.4
34.6
49.6
98.4
101.0
115. 5
45.9
82.3
94.6
112.4
109.5
100.3
109.3
55.2
33.9
45.0
97.8
" 103. 3
118.2
50.1
82.9
94.2
111. 1
108.8
98.8
107.9
51.0
30.0
38.0
93.8
"99.1
" 112. 0
50.6
82.0
92.5
108.9
107.1
97.7
107.2
54.1
32.5
44.3
94.9
100.3
111.1
56.8
90.7
93.2
112.1
108.1
99.0
108.1
57.7
36.7
52. 3
"97. 1
° 104. 3
114. 1
62.2
"99.8
"93.1
"110.7
109.0
98.4
111.9
50.8
31.0
38.0
92.0
°101.8
«116.3
48.5
83.9
92.1
109.7
107.4
97.6
107. 1
a Revised.
* New series. For earlier data on department store sales by Federal Reserve districts, see p. 20 of the February 1935 issue excepting Chicago, for which see note below.
Note that the combined index of department-store sales is computed by the Federal Reserve Board and the district indexes are computed by the Federal Reserve banks.
For districts not marked with an asterisk the series are as published in the 1932 Annual Supplement and subsequent issues. See p. 20 of the December 1934 issue for rural
sales for period January 1929 to October 1934. For earlier data on factory employment unadjusted in detail, see p. 16 of the June 1934 issue. See p. 19 of the July 1934 issue
for factory employment unadjusted total. Data on employment in the durable and nondurable goods groups for the period January 1923-June 1935 were shown on p. 19 of
the August 1935 issue.
t Revised series. See p. 19 of the April 1935 issue, department-store sales, Chicago.
A. This series was shown on p. 20 of the June 1935 issue from 1919 through April 1935.
• The adjusted index of department-store sales (total value) was revised by the Federal Reserve Board for the years 1929 through 1934. Revised indexes for this period
were shown on p. 20 of the June 1935 issue.
§ Data have been revised for the period January 1933-September 1935. Revisions not shown in the November 1935 issue appeared on p. 16 of the Janaary 1936 issue.
SURVEY OF CURRENT BUSINESS
28
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
1936
May
1935
May
June
July
Decem- JanuAugust SeptemOctober Novemary
ber
ber
ber
July 1936
1936
Febru- March
ary
April
EMPLOYMENT CONDITIONS AND WAGES—Continued
EMPLOYMENT—Continued
Factory unadjusted—Continued.
Nondurable goods group—Continued.
Chemicals and products—Continued.
108.3
112.2
Petroleum refining
1923-25=100109. 7
110.6
110.1
110.9
111.2
109.6
107.5
110.3
108.7
* 109.4
108.0
Rayon and products
1923-25=100341. 4
331.1
326.9
325.9
327.9
340.3
353. 6
356. 8
356.1
357.9
353.6
347.2
352.0
Food'and products
1923-25=100-.
96. 3
94. 1
95.8
98.9
105.7
111.8
118.2
108.5
100. 5
96.8
92.6
91.1
92.0
Baking..
-1923-25 = 100- 114.8
113.5
112.7
114.2
111.5
111.7
114.6
114.6
113.6
112.4
111.2
111.7
112.9
Beverages
-1923-25=100.- 178.9
163.9
161.6
170.0
178.5
179.0
171.9
162.9
153.0
150.1
149.7
148.0
158.6
Slaughtering, meat pack80.6
81.4
80.4
78.9
79.7
84.3
79.4
80.5
ing
1923-25 = 100- 82.8
82.8
84.9
80.7
81.7
Leather and products
1923-25= 10083. 9
<* 86. 4
86.7
83.0
87.3
90.1
88.8
86.6
82.3
86.3
88.4
89.7
89.0
Boots and shoes
...1923-25 = 10081. 4
84.3
85.2
80.6
85.8
89.1
87.3
84.0
77.8
82.8
86.1
88.1
87.4
Leather
1923-25 = 100.. 94.3
«94.9
93.2
92.8
93.5
94.4
95.2
97.0
100.3
100.4
97.7
96.3
95.6
Paper and printing
1923-25 = 10099. 0
98. 6
96.5
95. 6
95. 5
95.9
97.3
98.3
98.7
99.7
97.5
98.2
98.2
Paper and pulp 1923-25 = 100- 111.0
110.3
109.9
109.1
108.9
108.8
109.2
109.1
109.0
110.0
108.7
109.2
109. 6
Rubber products §...
1923-25 = 100-.
82. 9
"82.
1
82.4
80.9
78.3
79.1
81.1
82.8
82.7
83.0
82.0
81.7
72.7
Rubber tires and tubes- .1923-25=100-.
70. 0
« 68. 1
73.6
72.9
70.3
69.7
70.3
70.7
69.8
70.5
70.5
69.9
53.2
Textiles and products _ _ —1923-25=100..
94. 2
«
96.
1
93.5
90.4
87.8
92.9
95.9
97.7
97.0
96.9
95.1
96.1
97.2
Fabrics
1923-25 = 100-. 90.7
"91.9
91.0
89.4
87.5
89.9
92.1
94.6
96.1
96.4
94.0
93.5
93.3
Wearing apparel
1923-25 = 100—
97. 9
101.7
95.3
88.6
84.4
96.0
100. 5
100. 5
94.8
93.8
93.4
97.9
101.9
Tobacco manufactures...-.1923-25 = 100-. 50.7
55.4
56.6
57.8
57.6
57.9
58.9
60.0
59.7
58.2
52.2
55.5
55.9
Factory adjusted (F. R. B.)* §.1923-25 = 10085. 7
84.9
81.4
80.1
80.6
81.8
81.9
83.7
84.8
85.6
84.8
83.8
84.2
Chemicals and products-..—1923-25=100-111. 3
« 107. 6
109. 3
111.3
110.7
111.4
110.3
111.3
110.8
110.3
109. 8
108.2
110.3
Chemicals
1923-25 = 100-. 112.2
108.3
109.0
110.2
111.7
111.6
108. 5
107.7
107.2
106. 6
105.9
105.4
106.9
Druggists' preparations—-1923-25 = 100- 100.4
100.2
100. 4
100.3
100.4
99.3
97.4
97.1
96.8
97.3
95.4
96.8
96.9
Paints and varnishes
1923-25=100-.
110. 3
111.4
108.6
108.4
108.8
108. 4
108. 0
108.9
110.2
109.7
109. 6
107.3
107.3
Petroleum refining.
—1923-25=100- 109.9
« 109. 4
108. 5
109.6
108. 8
110.1
108.2
111.1
111.4
110.9
110.8
109. 4
108.6
Rayon and p r o d u c t s 1923-25 = 100—
341. 4
331.0
326. 9
325.9
327. 9
340.3
353. 6
356.8
356.1
357.9
353.6
347.2
352.0
Food and products..
1923-25 =100..
102. 9
100.5
103.1
101.0
101. 6
100.3
99.8
98.1
98.4
100.7
103.1
101.7
102.2
Baking
1923-25 = 100..
114. 8
115.3
112.7
113.0
109. 9
111.4
112.6
112.8
111.8
112.4
113.6
114.2
115.2
Slaughtering, meat packing
81.6
1923-25 = 100- 83.8
81.8
80.9
80.7
79.7
82.4
79.1
82.4
83.4
81.0
80.3
82.0
a
Iron and steel and products-1923-25=100..
80. 0
77.9
71.5
71.7
72.4
73.4
74.1
75.9
77.1
77.9
77.6
75.9
76.1
Blast furnaces and steel works
72.5
1923-25-100.. 80.8
72.6
72.7
74.4
74.3
78.3
77.6
75. 7
« 78.1
76.1
77.1
75.8
Structural and metal work. 1923-25=100..
69. 6
« 65. 3
56.3
55.7
55. 7
56. 5
57.0
57.7
58.4
57.1
58.9
59.4
62.3
Tin cans, etc
1923-25 = 100.. 97.6
95.4
89.5
92.8
96.2
97.0
99.4
100.7
99.6
96.6
97.9
95.5
96.9
Leather and products
—1923-25=10080. 2
* 87.0
89.1
86.4
86.9
87.0
85.4
84.5
84.1
90.3
89.2
87.8
86.9
Boots and shoes..1923-25 = 100.- 84.0
85.2
87.9
84.4
84.5
84.9
83.1
81.4
80.2
88.0
87.5
86.4
85.4
Leather
1923-25 - 1 0 0 . .
95. 6
«94. 7
94. 5
95.1
95. 8
95.8
95.1
97.1
99.6
100. 0
96.0
93.9
93.4
Lumber and products
.1923-25=100._
57. 2
56.3
51.3
48.8
52.0
54.6
55.0
55. 4
54.4
54.5
54.8
°54. 6
55.9
Furniture
.1923-25 = 100..
76. 8
74. 7
70.5
69.6
72. 4
73.3
73.9
71.7
71.6
72.4
74.4
73.3
73.7
Millwork
_
-1923-25 = 10049. 2
« 48. 2
40.2
41.4
44.4
46.8
49.7
49.1
48.7
47.6
46.9
46.3
47.6
0
Sawmills. _.
1923-25 = 100- 38.0
« 37. 7
33.4
30.1
33.2
35.6
36.2
37.0
35.7
35.8
36.0
35. 8
37.3
Machinery
1923-25 = 100-. 99.4
« 97.0
84.9
84.4
86.1
87.1
88.8
90.6
93.0
93.9
94.6
93.6
94.9
Agricultural implements.. 1923-25 = 100..
134. 1
132.6
94.1
111.4
123.2
124.4
126.6
122.4
127.8
129.3
129.4
128.1
129.6
Electrical machinery, etc. .1923-25=100.- 77.1
« 75. 3
70.7
69.6
69.6
70.4
73.3
75.3
75.4
74.0
72.1
71.4
72.3
Foundry and machine-shop product?
72.7
1923-25 = 100.. 84.8
73.4
72.0
82.4
73.9
75.8
77.4
80.4
80.9
80.3
79.1
79.6
Radios and phonographs.... 1923-25 = 100..
255. 2
239.0
200. 0
182.7
194.4
190.9
192. 7
196.8
222.3
225.4
253.1
239. 0
248.8
Metals, nonferrous§
1923-25=100... 89.4
87.6
83.3
82.8
83.7
87.4
82.2
90.8
91.9
91.4
90.4
88.3
87.2
Brass, bronze, copper prod. 1923-25=100..
87. 2
85.3
80.3
79.4
78.8
82.7
78.2
87.9
90.0
89. 1
88.0
85.6
84.6
Stamped and enameled
105.4
102.4
ware §
1923-25 = 100.. 109.3
101.6
104.2
107.9
112.6
114.2
118.3
109.7
105.1
116.3
107.9
Paper and printing
1923-25 = 100..
99. 6
99.0
97.1
96.4
97. 1
97.6
96. 5
97.8
97.4
98.0
96.8
98.0
97.9
Paper and pulp
..1923-25 = 100..
111. 0
110.3
109.9
109.1
108. 8
109.2
108. 9
109.1
109.0
110.0
108.7
109.2
109.6
Railroad repair shops.
1923-25 = 100..
59. 7
532
59.4
53.3
53.4
52.7
52.4
54.8
55.8
55.9
56.7
59.0
60.4
Electric railroads
..1923-25=100.. 65.9
66.0
65.7
65.6
65.2
65.3
64.6
64.5
65.1
64.8
65.0
65.5
65 8
Steam railroads....
1923-25 = 100..
59. 3
51. 9
54.1
59.0
52.3
52. 4
51.7
51.4
55.2
55.2
56.1
58.4
60.0
Rubber products!
1923-25 = 100,- 81.8
» 82. 1
81.1
78.8
77.4
80.4
81.7
83.4
83.0
83.4
83.4
82.2
73.7
Rubber tires and tubes
1923-25=100,.
6G. 8
a 67.0
70.2
68.4
67.2
69.6
71.6
73.2
72.1
72.9
72.7
70.6
54.3
Stone, clav, and glass products
53.6
54.4
53.5
54.8
53.9
54.6
56.4
55.8
55.2
1923-25 = 100.. 58.2
56.1
57. 1
54.0
Brick, tile, and terra cotta. 1923-25=100..
37. 7
36.4
28.0
29.9
30.4
31.2
32.1
34.4
34.7
35.8
35.3
34.5
35.2
Cement
1923-25 = 100..
56. 7
52. 6
55.3
56.4
53.4
50.5
48.9
50.9
49.2
47.4
42.8
42.7
47.3
Glass
1923-25 = 10095. 6
a 95. 6
93.1
92.1
96.6
97.4
93.6
92.5
97.2
98.2
100.0
96.2
94.1
Textiles and products
1923-25=100..
94. 2
« 94. 9
93.6
91.7
92.2
96.1
96.0
96.0
96.2
96.2
95.0
94.4
94.6
Fabrics
1923-25 = 10090. 7
«91.3
91.0
90.6
91.2
93.3
93.2
93.6
94.4
94.7
93.0
92.0
91.6
Wearing apparel
1923-25=100..
98. 1
99. 1
95.6
90.0
90.3
98.4
98.3
97.3
96.0
95.3
95.3
95.8
97.4
56.2
Tobacco manufactures
1923-25 = 100
57. 0
56.8
58.1
58.2
58.1
57.3
57.4
57.0 a 58.0 a 56.0
55.2
56.4
« 98. 7
Transportation equipment..1923-25 = 100.. 96.2
94.0
88.7
84.8
83.6
81.4
99.5
109.0 a 111.0 a 103.1 a "96.7
96.3
108.0
Automobiles
1923-25 = 100..
104. 6
105. 9
101.5
97.7
94.9
91.0
113.8
125.1
128. 0
117.4
108.7
106.3
57.6
Cars, electric and steam...1923-25=100,.
56. 6
54.9
44.4
29. 6
30.7
32.8
41.7
50.9
54.6
54.4
54.4
57.3
74.1
65.4
73.0
76.5
81.1
85.3
85.6
82.9
81.4
78.0
« 93.7
86.1
Shipbuilding
1923-25 = 100..
95. 7
Factory, by cities and States:
Cities:
82.6
80.8
79.4
80.9
84.5
84.4
82.9
81.9
80.8
82.0
83.3
Baltimore*
..1929-31 = 100.. 87.6
•86. 2
69.0
67.0
64.8
65.3
67.3
68.5
68.9
69.1
68.7
69.2
69.3
Chicago*
1925-27 = 100..
71. 7
70.0
Cleveland*
_
1923-25=100..
96. 2
95. 1
82.1
80.9
86.5
84.8
89.3
95.5
94.9
94.7
94.9
94.2
94.4
Detroit
.1923-25=100..
105. 0
105.8
102.4
93.7
66.6
71.7
82.7
100.9
107.8
108.8
103.8
100.0
101.5
Milwaukee*
1925-27=100..
99. 5
97.6
93.0
92.4
92.6
91.9
93.2
94.4
96.2
96.0
95.2
94.2
96.1
New York
1925-27 = 100.74. 3
75.9
72.3
69.8
67.9
72.2
75.9
77.7
76.3
75.2
73.7
74.5
77.2
Philadelphia!
..1923-25=100.. 91.4
88.1
87.8
87.9
89.1
91.0
92.2
92.2
92.7
90.5
90.8
« 91. 7
91.8
Pittsburgh*!
1923-25=100.. 75.9
68.6
67.6
67.2
68.3
69.7
71.5
72.2
72.0
69.7
71.3
« 74.4
71.8
States:
85.9
90.3
89.8
102.8
96.1
92.6
88.4
89.5
Delaware!
1923-25=100..
90. 4
89.7
89.1
88.3
88.7
Illinois
1925-27=100..
80. 3
79.0
74.8
73.4
72.4
73.6
75.7
75.8
76.0
76.6
75.8
76.7
77.8
Iowa
1923 = 100..
130. 6
117.1
117. 2
118.2
118.8
122.2
122.3
122.7
124.7
123.9
127.6
122.7
125.9
Massachusetts*!
1925-27=100..
70. 8
71.2
69.0
67.4
67.8
69.5
71.2
73.1
72.9
73.0
71.0
72.0
71.5
• Revised.
* For earlier data see the following references: For factory employment, adjusted, all series, see pp. 16 to 19 of the July 1934 issue; employment in Baltimore, Milwaukee
and Massachusetts, p. 18, December 1932; employment in Chicago, p. 20, June 1933: Pittsburgh employment, p. 18, January 1934; Cleveland employment, p 19, July 1934*
! For revised data refer to the indicated pages as follows: Employment in Delaware and Philadelphia, p. 19, September 1933; for revisions of years 1930-34 for those
series and for the city of Pittsburgh, see p. 20 of the March 1935 issue; for Massachusetts, employment for 1931, p. 19, August 1933, and for 1932-34, p. 20, September 1935.
§ These data for the period January 1933-September 1935 have been revised; revisions not shown in the December 1935 issue appeared on p. 16 of the January 1936 issue!
29
SURVEY OF CURRENT BUSINESS
July 1936
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
1936
May
1935
May-
June
July
1936
DecemAugust SeptemOctober November
ber
ber
January
February
March
88.4
76.3
75.2
88.3
76.1
75.3
C1)
77.3
87.1
90.5
76.4
77.2
0)
«77.6
88.7
52.5
80.4
55.9
70.7
42.2
49.8
77.4
57.5
71.1
48.4
April
EMPLOYMENT CONDITIONS AND WAGES—Continued
EMPLOYMENT-Continued
Factory, by cities and States—Continued.
States—Continued.
Maryland*
1929-31=100New Jersey!
1923-25=100..
New York
1925-27=100Ohio__
-1926=100..
Pennsylvania!
.1923-25=100..
Wisconsin.
1925-27=100Nonmanufacturing (B. L. S.):
Mining:
Anthracite-.1929=100Bituminous coal
1929=100..
Metalliferous
1929=100Petroleum, crude production.1929=100..
Quarrying and nonmetallic..-1929=100..
94.2
77.7
77.5
(0
79.0
90.7
89.5
74.2
73.7
93.0
75.4
85.7
88.2
72.4
72.5
90.8
74.9
86.6
86,5
72.6
72.1
90.1
75.0
92.3
88.8
75.9
73.8
91.1
76.6
90.4
92.3
78.0
76.8
93.1
78.1
89.5
92.1
80.0
77.8
93.8
79.4
89.1
90.4
80.6
76.9
96.0
79.0
88.2
89.7
79.1
76.2
94.2
78.8
87.2
54.9
76.2
60.8
72.5
52.0
53.5
75.3
44.4
76.0
49.5
56.8
77.9
46.0
76.7
50.4
49.4
70.0
45.2
77.4
50.9
38.7
73.4
46.3
76.3
51.0
46.0
77.1
48.9
75.1
50.0
58.8
74.3
51.6
74.7
50.0
46.6
76.1
52.6
73.0
46.7
57.3
79.1
53.5
71.9
43.1
59.1
79.8
54.2
39.4
61.2
80.2
55.5
°70.8
36.9
83.3
71.6
70.0
83.9
71.7
70.2
84.8
71.5
70.3
86.8
71.2
70.5
86.9
71.0
70.4
87.4
71.1
70.0
87.6
71.1
69.8
86.8
70.5
69.6
86.1
70.7
70.1
86.1
71.7
69.9
86.9
71.2
70.2
88.2
71.2
70.8
82.2
82.5
82.2
82.1
79.3
82.1
78.0
82.7
81.8
83.7
83.8
85.7
84.6
86.4
92.9
86.8
80.4
85.6
"79.7
85.0
«81.9
°85.6
85.3
85.7
80.9
81.6
81.1
83.6
81.3
82.3
81.7
80.3
84.4
79.4
80.7
84.2
82.1
81.1
83.0
80.4
81.6
81.9
76.3
81.5
81.3
73.4
80.8
81.1
71.5
81.9
81.5
70.3
82.8
81.2
74.7
82.8
82.1
81.8
83.2
83.2
31.5
27.6
30.9
28.6
27.9
0)
.85
.62
.71
Electric light and power, and manufac88.9
tured gas
1929=100—
71.5
Electric railroads
1929=100..
71.6
Telephone and telegraph
1929=100..
Trade:
45.1
Retail!
1929=100..
84.6
Wholesale!
1929=100..
Miscellaneous:
87.3
Dyeing and cleaning*!*
1929=100..
84.1
Hotels!
1929=100..
85.5
Laundries*! A
1929=100..
Miscellaneous data:
Construction employment, Ohio
1926=100..
0)
Farm employees, average per farm#
1.00
number. _
Federal and State highway employment,
374,191
total*
number..
Construction*...
number.. 209,835
Maintenance*...
number.. 164,356
Federal civilian employees:
United States*._
number.. 853,439
Washington
number.. 116,857
1,089
Railroad employees, class I
thousands..
Trades-union members employed:
83
All trades
_
percent of total—
66
Building trades*
percent of total..
86
Metal trades*
percent of total..
89
Printing trades*
percent of total..
86
All other trades*
percent of total..
61
On full time, all trades-percent of total..
LABOR CONDITIONS
Hours of work per week in factories:*!!
Actual, average per wage earner
hours..
39.0
Industrial disputes in progress during
month:!
*>323
Number of disputes
_.,
Man-days lost
number.. 1,024,000
Workers involved
number. _ P!03, 000
Employment Service (United States):*
In active
file
New._
Placements:
Number
Per active applicant
Labor turn-over:!
Accessions
percent of no. on
0)
76.9
85.9
30.7
35.0
32.9
".90
"1.00
«1.03
331,000
195, 459
135, 541
362, 339
224,086
138,253
375,442
226,867
148,575
382,846
218,886
163,960
340,073
183,886
156,187
323,374
176, 050
147,324
290,523
151,385
139,138
252, 229
130, 539
121, 690
202,884
97,089
105, 795
747,478
102, 539
1,013
754,745
103,453
1,031
764,925
104,498
1,035
805,286
105, 679
1,027
829, 605
108,952
1,025
831,453
110,009
1,034
835,236
110, 745
1,013
850,943
111,692
999
79
46
77
86
84
57
77
49
77
86
81
54
73
49
77
85
78
62
77
52
78
85
81
54
80
55
80
85
84
69
80
53
81
86
85
59
80
54
81
87
84
58
36.3
35.9
37.3
37.8
38.5
38.6
319
274
307
311
332
317
377
1,697,848 1,311,278 1,297,730 1,191,663 3,027,040 1,562,908 1,003,852
151,163 129, 784 141,829 150,835 514, 427 133, 742 100, 732
(0
<*93. 1
77.0
77.4
0)
"78.9
89.3
(0
.89
.90
200,451
80, 674
119, 777
227, 586
94, 200
133, 386
287,478
144,173
143,305
840,183
111,954
1,003
835,087
112, 304
1,054
841,197
112, 370
«1,044
846, 279
115,073
1,070
77
52
82
86
81
55
78
50
83
85
82
56
78
48
83
87
83
57
79
51
83
87
83
58
82
59
85
88
85
61
38.8
38.5
38.2
38.1
38.8
.74
«229
210
283
223
«275
660, 911 '632,055 '728, 705 '1,377,588 *833.1,000
61, 782 "57,374 "88,048 '121, 024 » 83,000
number.. 8,786,138 6,094,192 6,713,047 7,532,046 8,235,139 8,696,943 '8,735,783 8,387,179 '8,943,099 '9,001,192 '9,184,982 9,252,979 '8,996,795
number- 291, 833 379, 532 '662, 066 •849, 323 !862, 798 "681,133 "639,960 '535, 280 481,900 '429, 542 343,142 353, 251 295,686
617
_ 466, 273 290, 456 "271, 662 '282,699 >303,155 '394, 420 '559, 748 '682,640 '797,802 '521, 329 '385,891 '440,154 "451,
a
°.O58
°.O42
«.O64
".048
. 050
number.053
".048
".040
«.037
°.O45
«.O38
-.081
3.30
3.65
4.46
pay roll—
4.07
3.01
3.18
4.60
4.95
3.63
4.17
5.23
2.95
3.97
.18
.20
.21
.17
Discharged—.percent of no. on pay r o l l .20
.21
.19
.17
.20
.20
.20
.21
.19
2.89
2.66
2.21
Laid off
percent of no. on pay r o l l 1.92
2.08
3.46
3.00
2.57
2.03
1.83
2.70
1.95
2.58
Voluntary quits
.71
1.16
percent of no. on pay roll—
1.21
1.06
.83
.77
.90
1.05
PAY BOLLS
"72.7
79.2
"72.7
77.9
Factory unadj. (B. L. S.) *§.... 1923-25=100..
66.4
65.4
76.3
68.5
69.7
72.2
75.0
74.5
«65.1
75.9
«69.7
"73.8
Durable goods group*§
1923-25=100—
57.6
«64.7
69.7
60.1
55.6
68.1
58.9
60.6
66.3
Iron and steel and products
76.9
55.7
59.4
68.8
64.4
65.2
69.9
62.7
65.5
65.1
*73.9
1923-25=10058.3
52.6
Blast furnaces and steel works
'79.2
82.4
56.8
52.4
64.2
66.4
72.0
68.0
68.2
73.8
61.1
66.1
1923-25=10061.6
Structural and metal work
45.0
40.7
42.2
54.7
60.9
46.0
45.3
49.9
40.9
43.9
44.7
1923-25=10045.6
44.8
91.5
93.8
94.3
98.6
100.2
90.9
94.5
Tin cans, etc
.1923-25=10087.0
97.7
103.6
91.5
105.7
86.1
44.2
36.3
46.3
Lumber and products
1923-25=100—
48.2
48.6
41.1
44.6
34.8
38.3
44.4
45.0
47.3
"41.1
58.4
Furniture
1923-25=100..
48.5
56.2
56.7
63.0
51.8
55.7
47.1
48.4
56.0
59.3
60.2
54.3
39.0
Millwork
1923-25=10031.5
41.2
43.9
41.9
36.1
39.2
29.1
34.2
37.7
39.6
40.8
35.9
25.9
Sawmills
1923-25= 100..
20.9
°29.7
31.4
29.5
25.2
28.0
20.1
23.3
27.9
26.5
29.4
"24.4
64.4
59.9
57.0
Turpentine and rosin—1923-25=10058.1
64.6
60.5
59.2
57.3
57.5
59.3
65.8
59.3
55.2
a
l
2
Revised.
v Preliminary.
Temporarily discontinued by the reporting source.
Data not available
• For earlier data see the following references: Employment in Maryland, and Federal civilian employment, total, United States, p. 18, December 1932; Federal and
State highway employment, dyeing and cleaning establishments, and laundries, p. 19, June 1933; trades-union members employed, p. 18, December 1932, and hours of
work, p. 20, October 1932. Pay rolls in the durable group for the period January 1923-June 1935 are shown on p. 19 of the August 1935 issue. Data for factory pay rolls
by classes are shown on p. 18 of the June 1934 issue. See also p. 19, July 1934 issue. Data on the U. S. Employment Service for the period July 1933-June 1935 were shown
on p. 19 of the September 1935 issue.
! For revised data refer to the indicated pages as follows: Employment in New Jersey and Pennsylvania, p. 19, September 1933; employment in laundries, and dyeing
and cleaning establishments, p. 20, August 1934; hotels revised for the period January 1929-July 1935, inclusive, see p. 20 of the September 1935 issue. For revised data on
employment in wholesale and retail trade for 1930-34, see p. 20 of the March 1935 issue. Hours of work per week in factories revised for 1933. See p. 20 of the July 1934
issue. For labor turn-over see p. 20 of the April 1935 issue. Industrial disputes revised for 1935. See p. 29 of the April 1936 and p. 29 of the May 1936 issues.
• Figures represent the condition as of the end of the month shown. This method has been followed since September 1932. Figures shown previous to that date in
the Survey are as of the first of the month. They were published as of the first of the following month by the Department of Agriculture.
\ Data revised for 1934. See pp. 29 and 56 of the May 1935 issue.
§ Data have been revised for the period January 1933-September 1935. Revisions not shown in the November 1935 issue appeared on p. 16 of the January 1936 issue.
A The revised series on dyeing and cleaning and laundry employment shown in the August 1935 issue have been dropped by the B. L. S. and the publication of the
original series resumed in the September 1935 issue.
77024—36
5
30
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
1936
May
July 1936
1936
1935
May
June
July
DecemAugust SeptemOctober November
ber
ber
January
February
March
April
EMPLOYMENT CONDITIONS AND WAGES—Continued
PAY ROLLS—Continued
Factory unadjusted—Continued.
Durable goods group—Continued.
Machinery
1923-25=100__
89.6
67.8
66.9
67.5
71.2
75.2
78.4
78.9
80.7
78.3
79.2
82.2
"86.3
Agricultural implements.l923-25=100..
168.8
110.5
127.5
135.2
137.5
136.8
136.1
145.0
155.2
162.0 165.3
171.0
172.5
Electrical machinery, ete.l923-25=100..
71.1
58.2
56.1
54.7
57.8
62.1
65.2
64.6
65.1
61.3
61.0
63.7
"68.6
Foundry and machine shop products
1923-25=100—
78.4
57.9
56.2
56.7
60.0
62.2
64.6
65.3
68.5
66.7
68.3
71.6
75.4
Radios and phonographs.l923-25~ 100141.3
101.5
100.9
112.9
133.9
166.3
185.8
179.8
143.7
126.2 114.0
109.7
118.0
Metals, nonferrous §
1923-25=100..
75.2
63.7
62.9
59.9
64.7
70.9
78.4
78.5
79.4
72.7
72.4
73.9
74.0
Aluminum manufactures §
1923-25 = 100..
78.8
68.0
64.6
58.3
65.8
69.6
,76.0
77.0
76.7
74.6
76.7
79.9
78.7
Brass, bronze, copper products
1923-25 ="100..
73.3
61.5
60.0
57.5
61.1
65.8
72.5
72.9
73.4
71.3
70.3
69.9
70.8
Stamped and enamel ware §
1923-25 = 100.,
97.3
83.3
77.6
73.9
82.3
89.8
99.9
101.0
102.8
90.8
90.7
101.1
Railroad repair shops
1923-25=10061.2
52.5
51.0
48.2
49.0
49.1
53.1
54.5
57.1
52.2
57.8
63.1
60.6
Electric railroads
1923-25=100..
62.7
60.2
59.0
58.8
59.6
59.1
60.0
59.3
61.8
60.8
62 5
63.6
« 62. 5
Steam railroads
.1923-25=100..
61.2
52.0
50.5
47.5
48.3
48.5
52.7
54.2
56.9
51.7
57.6
63.2
60.6
Stone, clay, and glass products
1923-25 = 10049.3
40.3
40.5
38.9
40.9
42.2
44.5
43.9
44.6
38.0
38.7
43.5
°46. 9
Brick, tile, and terra cotta
1923-25=100..
29.5
17.7
19.3
20.2
21.2
22.5
24.0
23.4
23.3
20.0
19.4
22.4
25.8
Cement
1923-25=100..
44.0
36.8
40.1
37.9
35.8
35.2
35.1
33.3
31.1
23.4
23.8
31.8
38.3
Glass
1923-25 = 100—
93.0
81.6
82.0
77.0
82.3
85.8
90.9
91.2
94.2
82.3
83.8
89.1
«92.1
Transportation equipment.1923-25=100.,
111.3
94.2
82.4
74.7
71.6
65.7
86.4
101.5 «102.2
«94.8 fl «85.3
96.1
110.3
Automobiles
1923-25=100..
122.8
105.1
93.4
85.7
80.6
72.1
97.7
116.7 "115.9
"106.8 93 6
105.4
121.7
Cars, electric and steam. 1923-25=100..
68.6
65.8
46.8
28.0
30.4
31.8
41.0
47.4
55.2
51.8
54.0
62.0
70.0
Shipbuilding
1923-25 = 100..
98.7
65.7
55.5
59.4
61.5
65.6
70.4
72.5
77.2
77.2
75 3
85.0
°95. 6
Nondurable goods group* §..1923-25=100..
83.3
79.2
77.6
77.9
83.4
87.1
86.2
82.7
85.1
82.3
82 8
84.9
°83.3
Chemicals and products--1923-25=100..
102.9
94.8
95.0
95.4
97.0
69.0
100.6
99.1
100.8
97.9
97 5
102.4
« 101. 3
Chemicals
1923-25 = 100..
107.0
97.8
98.0
101.6
100.8
98.8
100.1
101.9
102.1
99.7
99 9
103. 0
104.9
Druggists'preparations.-1923-25=100._
95.9
93.9
93.7
92.3
92.0
97.3
99.9
94.7
97.2
95.3
94 2
100.0
98.0
Paints and varnishes
1923-25=100106.1
95.1
94.0
88.9
87.8
89.5
94.8
94.0
93.7
91.8
93*5
95.9
° 100. 7
Petroleum refining
1923-25=100103.6
96.8
99.3
100.5
102.5
102.8
102.2
98.8
104.0
99.5
98.5
103.0
° 101. 7
Rayon and products
1923-25 = 100259.0
237.8
240.5
240.2
253.4
264.1
263.5
263.3
268.0
264.4
260 8
267.3
254. 9
Food and products
1923-25=100...
92.7
87.3
90.9
96.9
100.9
105.5
98.0
91.9
90.5
87.3
84 7
87.5
87.7
100.9
Baking—
—
1923-25 = 100.,
101.1
97.3
99.6
96.5
95.7
101.6
100.8
99.7
99.4
99.0
99.8
100.4
162.4
Beverages
1923-25=100..
192.9
162.5
173.4
192.7
189.8
171.0
157.7
151.2
147.4
147.0
143 3
168.0
Slaughtering, meat packing
1923-25 = 100..
77.6
74.0
74.8
75.0
73.2
74.1
75.6
77.7
79.7
81.6
73.8
74.1
73.6
Leather and products
1923-25=10065.9
72.3
70.9
77.5
81.7
76.9
73.8
66.6
75.4
79.1
79 8
75. 5
69.9
Boots and shoes
1923-25 = 100..
56.8
66.7
64.7
73.1
77.7
71.1
65.9
56.1
66.7
72.7
74 5
69.7
62.4
Leather,-.
1923-25=100..
95.9
90.0
91.1
91.2
94.2
95.2
99.4
101.4
103.7
99.7
96 6
93.8
* 94. 5
Paper and printing
1923-25=100..
91.9
84.8
83.4
81.4
83.0
86.2
88.2
88.0
91.8
88.2
88 9
90.5
91.1
Paperandpulp
1923-25=10097.0
86.9
87.4
85.1
87.2
90.7
03.3
91.7
94.4
91.7
93 4
94.9
96.2
Rubber products§__.
1923-25 = 100..
76.7
66.5
64.9
61.3
64.3
68.8
70.8
70.3
74.5
70.2
69 8
63.0
« 74. 0
Rubber tires and tubes.. 1923-25=100..
68.1
58.7
58.9
54.2
55.8
59.0
59.0
59.9
63.8
59.9
60 2
47.4
«63.2
Textiles and products
1923-25=100..
77.0
75.5
70.9
68.4
78.9
84.6
84.5
79.7
81.9
79.1
811
84.3
« 80. 0
Fabrics...
1923-25 = 100..
76.4
74.9
72.0
70.1
76.5
80.4
83.3
82.6
85.3
80.0
79*9
80.0
« 78. 3
Wearing apparel
1923-25=100..
73.7
72.1
64.6
60.8
78.8
87.8
81.8
69.2
70.5
72.6
78.6
87.6
78.7
Tobacco manufactures
1923-25=100..
46.8
43.8
46.8
47.6
46.6
49.4
50.5
48.9
49.6
41.7
43.4
44.9
42.6
Factory by cities:
Baltimore*...
1929-31=10091.3
77.0
76.4
73.9
77.1
81.6
80.4
79.3
80.0
78.1
80 3
80.9
«85.4
Chicago*...
1925-27 = 100..
54.2
47.4
46,7
45.9
46.7
48.8
49.6
48.9
50.6
51.2
51.1
52.2
52.3
Milwaukee*
1925-27 = 100.89.5
77.2
76.3
77.9
77.5
82.6
82.7
84.5
86.7
84.5
81 2
87.0
89.3
New York*
_
.1925-27 = 10063.4
59.7
57.4
56.8
62.3
67.1
68.7
63.4
64.5
63.6
63*9
69.1
65.0
Philadelphia*!..
1923-25=100..
79.5
73.0
73.2
72.3
78.4
79.6
81.0
79.7
80.4
78.2
78 2 a 80. 0
"76.8
Pittsburgh*!
1923-25 = 10089.9
65.4
60.8
56.7
65.8
67.0
76.2
74.5
74.5
71.4
73*9
75.5
"88.7
Factory by States:
Delaware!
1923-25=10073.5
62.7
66.4
65.1
70.8
70.5
70.4
69.2
72.3
71.9
70 5
69.9
70.8
IllinoisA
..1925-27 = 100..
62.8
53.0
52.3
51.8
53.5
55.6
56.9
56.5
58.4
57.4
58! 3
60.8
61.3
Maryland*
1929-31 = 100..
93.1
80.4
79.7
77.1
80.6
85.5
84.9
82 5
83.9
81.9
83 3
84.4
88.4
Massachusetts*!
1925-27 = 100—
62.6
58.2
56,8
57.3
59.8
61.9
63.0
59.8
63.9
62.0
63'1
62.5
63.2
New Jersey!
1923-25 = 100..
63.8
60.9
59.2
58.8
63.3
64.8
67.6
68.1
68.1
65.2
65 0
66.4
67.4
New York
1925-27 = 100..
66.6
61.2
60.2
59.5
62.5
65.9
66.3
64.3
65.9
64.4
64*. 5
67.2
66.4
Pennsylvania!
1923-25=100—
74.2
61.9
59.8
58.0
63.9
65.0
70.3
68.4
68.2
66.0 « 67 2
"69.0
« 73.1
Wisconsin
1925-27=100..
80.4
69.4
70.5
76.2
74.3
78.1
77.1
75.8
77.3
75.2
74 0
79.2
79.0
Nonmanufacturing (B. L. S.):
Mining:
Anthracite
1929 = 100..
56.3
49.5
66.0 a 37.5
28.3
38.2
55,9
28.4
55.4
54.4
76 7
42.6
28.6
Q
Bituminous coal
1929 =-100—
62.2
49.1
64.7
35.9
45.8
60.1
69.8
65.5
69.5
70.6
78 4
°70.2
62.1
Metalliferous
1929=100..
47.7
31.4
31.6
31.1
33.4
35.4
38.7
39.6
43.2
41.7
42 8
45.1
45.4
Petroleum, crude production
1929 = 100..
58.0
57.8
59.2
59.9
58.9
60.9
57.9
57.2
59.9
55.7
«55 7
56.8
«55.9
Quarrying and nonmetallic. 1929=100..
42.1
32.8
33.8
34.4
36.3
35.4
36.5
32 1
29.7
25.5
23 9
30.9
36.0
Public utilities:
Electric light and power and manufactured gas.
1929 = 100..
87.0
79.8
79.8
81.5
82.8
84.5
84.4
83.4
86.0
84.8
84 7 "86.1
86.6
Electric railroads
1929=100..
66.1
63.6
63.9
63.4
63.3
64.0
64.1
63.8
66.1
65.0
68*3
67.8
65.9
Telephone and telegraph... 1929=100..
78.5
73.7
74.4
75.7
75.5
73.8
74.9
74 9
75.6
75.0
76 2
77.2
76.0
Trade:
Retail!-...
1929=10065.8
62.0
62.5
60.5
59.3
62.5
63.2
63.4
69.3
62.1
616
63.5
65.4
°69.0
67.9
Wholesale!-..1929=100..
68.2
64.6
64.6
64.6
64.8
67.2
66.8
66.9
68.6
66.6
66 6
Miscellaneous:
56.4
64.1
Dyeing and cleaning*t»—1929=10072.2
61.7
65.7
61.5
58.2
63.1
61.1
55.4
52.9
51.6
49 0
66.0
66.3
Hotels!....
.1929 = 100..
67.0
63.7
63.5
62.1
62.0
63.1
64.3
64.8
64.2
64.9
66'. 5
69.9
70.9
Laundries*!*
.1929=100..
75.6
66.6
68.2
70.9
69.2 I
67.9
67.1
66.7
67.5
68.3
67.8
° Revised.
•For earlier data on the following subjects, refer to the indicated pages of the monthly issues as follows: 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; payrolls Pittsburgh'
p. 18, January 1934; pay rolls, Maryland and Massachusetts, p. 18, December 1932; pay rolls in dyeing and cleaning establishments and laundries, p . 19, June 1933 Data
on pay rolls
for nondurable goods industries for the period January 1923-June 1935 are shown on p. 19 of the August 1935 issue.
• >v *
• ^dl
,1V? MV1! , l e - ries - F o r r e v i s i 0 D S o n t h e Allowing subjects, refer to the indicated pages of the monthly issues as follows: Pay rolls, Pennsylvania, Delaware, New Jersey
and Philadelphia, p . 19, September 1933; for revisions of years 1930-34 for these series and for the city of Pittsburgh, see p. 20 of the March 1935'issue; pay rolls, Massachusetts, for 1931, p. 19, August 1933 and 1932-34 p. 20, September 1935; pay rolls in wholesale and retail trade for 1930-34, inclusive, p. 20, March 1935- pay rolls in dve?ne
and cleaning establishments and laundries, p . 20, August 1934; hotels revised for the period January 1929-July 1935, inclusive; see p. 20 of September 1935 issue
A Revised data on Illinois pay rolls from April 1929 to December 1932 will be shown in a subsequent issue.
• The revised series on dyeing and cleaning and laundry payrolls shown in the August 1935 issue have been dropped by the Bureau of Labor Statistics and the publication of the original series resumed in the September 1935 issue.
§ Data have been revised for the period January 1933-September 1935. Revisions not shown in the November 1935 issue, appeared on p . 16 of the January 1936 issue.
31
SURVEY OF CURRENT BUSINESS
July 1936
Monthly statistics through December 1931,
;ogether with explanatory footnotes and references to the sources of the data, may be found
in the 1932 Annual Supplement to the Survey
1936
1936
1935
May
June
May
July
August
Novem- DecemS e
January
^ r m " October
ber
ber
February
March
April
EMPLOYMENT CONDITIONS AND WAGES—Continued
WAGES-EARNINGS AND RATES
Factory, weekly earnings (25 industries) :*t<?
All wage earners
«.
dollars..
Male:
Skilled and semiskilled
dollars..
Unskilled
dollars..
Female
.
_
dollars
All wage earners
.
1923=100..
Male:
Skilled and s e m i s k i l l e d — 1 9 2 3 = 1 0 0 UnskillecL1923=100.,
Female..1923=100Factory, av. hourly earnings (25 industries) :*tc?
All wage earners
dollars..
Male:
Skilled and semiskilled
dollars..
Unskilled-,
dollars.
Female
dollars..
Factory, weekly earnings, b y States:
Delaware
.
1923-25 = 100
Illinois
1925-27=100Massachusetts*!
1925-27=100.
New Jersey
.1923-25=100—
New York
1925-27-100..
Pennsylvania
„
—1923-25=100Wisconsin
....1925-27=100.
Miscellaneous data:
Construction wage rates:*§
Common labor (E. N. R.).dol. per h o u r . .
Skilled labor (E. N. i2.)__ dol. per h o u r . .
F a r m wages, without board (quarterly)
dol. per month.
Railroads, wages
_
dol. per hour.
Road-building wages, common labor:#
United States
dol. per h o u r . .
East North Central
dol. per h o u r . .
East South Central
dol. per h o u r . .
Middle Atlantic
dol. per h o u r . .
Mountain States
.dol. per h o u r . .
New England
-dol. per h o u r . .
Pacific S t a t e s . . .
dol. per h o u r . .
South Atlantic
— d o l . per h o u r . .
West North Central
dol. per h o u r . .
West South Central
.dol. per h o u r . .
Steel industry:
U. S. Steel Corporation
dol. per h o u r . .
Youngstown district ...percent base scale..
24.08
21.76
21.46
21. 75
23.09
23.09
23.20
a
27.15
19.71
14.94
90.5
24.41
17.49
14.83
81.8
24.11
17.48
14.73
80.6
24. 53
17. 66
14.77
81.7
26.04
19.08
15.12
80. 8
26.14
18. 93
15. 42
86.7
26.37
19.14
15.33
87.2
"26. 85
«19. 39
"15.08
a
89. 4
88.1
88.5
86.7
79.3
78.5
86.0
78.3
78.5
85.4
79.8
79.3
85.7
84. 5
85.6
87.7
84.9
85.0
89.4
85.6
85. 9
88.9
87. 2
87.0
°87.5
.614
.599
.599
.598
. 600
.606
.610
.612
.680
.499
.432
.661
.493
.436
.660
.493
.436
.659
.489
.434
.663
.492
.431
.671
.493
.430
.675
.496
.429
.677
.495
.429
85. S
84.2
87.9
99.0
85. 9
92. 6
87.7
77.1
75.8
84.2
91.8
a
83.1
81.4
79.8
77.6
76. 3
84.0
91.3
83.0
79.4
80.8
76.5
77.3
84.3
90. 6
82.6
76. 5
81.2
84.4
81. 6
87.0
95. 4
85.7
85.0
86.2
83.4
81.8
87.0
95. 4
85. 6
85.9
83.4
83.1
84.2
86.8
97.1
87.0
87.7
88.4
84.6
83.5
88.1
97.9
85.7
91.9
87.9
. 558
1.14
.523
1.08
,527
1.07
.529
1.08
.547
1.12
.547
1.12
.547
1.13
.552
1.13
.669
30.08
.670
."662"
.692
30.87
.692
.42
. 56
.30
.45
.57
.48
.55
.34
.48
.36
.41
.53
.30
.43
.56
.43
.55
.31
.47
.37
.42
.53
.30
.43
.57
.43
.56
.31
.47
.37
.42
.53
.30
.43
.57
.43
.57
.31
.47
.36
.40
.58
.30
.44
.55
.48
.60
.31
.48
.37
.38
.60
.30
.46
.54
.50
.57
33
.49
.36
.37
.62
.30
.48
.55
.50
.59
.32
.47
.36
.38
.57
.30
.46
.55
.52
.57
.33
.46
.37
.485
115.0
. 485
115.0
.485
115.0
.485
115.0
. 485
115. 0
.485
115.0
.485
115. 0
.485
115.0
.485
115.0
23. 78
a
FINANCE
BANKING
Acceptances and com'l paper outstanding:
Bankers' acceptances, total, .mills, of dol—
Held by Federal Reserve banks:
For own account
mills, of doL.
For foreign correspondents
mills, of dol
Held by group of accepting banks, total
mills, of dol..
Own bills _
mills, of dol .
Purchased bills
mills, of dol...
Held by others
mills, of dol
Com'l paper outstanding
mills, of dol._
Agricultural loans outstanding:
Farm mortgages:
Federal land banks
mills, of dol._
Joint stock-land bankst
mills, of dol..
Land-bank commissioner*.mills. of doL.
Federal intermediate credit bank loans to
and discounts for:A
Regional agricultural credit corp's and
production credit ass'ns._mills. of dol_.
All other institutions
mills, of dol..
Other loans:
Agricultural marketing act revolving
fund loans to cooperativest
mills, of dol—
Banks for cooperatives, incl. Central
Bank*
mills, of dol
Emergency crop loans*
mills, of dol__
Prod cred ass'ns*
mills, of dol
Regional ag. credit corp.*..mills, of dol..
331
375
843
321
322
328
863
387
397
384
377
359
344
297
155
142
34
184
356
162
193
19
173
317
154
163
26
159
296
148
148
24
164
292
145
147
30
177
301
148
154
27
183
339
178
161
24
180
358
182
175
29
178
368
183
185
29
172
353
181
172
31
178
340
172
168
37
176
321
150
171
38
180
310
143
167
34
174
2, 063
154
827
1,998
215
716
2,017
208
733
2,024
201
743
2,036
195
755
2,047
190
765
2, 059
184
777
2,066
180
786
2,072
176
795
2,066
170
803
2,059
166
811
2,060
162
818
2,062
158
823
140
53
130
83
131
68
129
64
125
64
115
60
101
53
100
50
105
49
105
48
111
49
123
50
133
52
42
47
49
49
46
47
46
45
44
44
44
44
44
40
114
135
38
32
122
101
77
24
125
107
73
25
126
110
69
31
125
109
65
43
122
101
59
48
114
93
52
51
109
92
46
50
«106
94
43
47
105
96
41
43
104
103
41
41
104
116
40
40
112
127
39
"Revised.
fRevised series. For revisions on the following subjects, refer to t h e indicated pages of the monthly issues. Massachusetts weekly earnings for 1931, p . 19, August
1933; a n d for 1932-34, p . 20, September 1935; factory weekly and hourly earnings for 1933, p . 20, July 1934. Certain classes of loans included in the figures shown through
M a y 1934 have been reclassified and removed from t h e agricultural category.
cf D a t a for 1934 revised. See p p . 30 and 56 of t h e M a y 1935 issue.
C o n s t r u c t i o n wage rates as of June 1, 1936—common labor, $0,564; skilled labor, $1.14.
#Beginning with March 1932 data are based on Federal-aid and State projects; before that time the data are based on Federal-aid projects.
tJoint-stock land banks in liquidation.
*New series. For earlier data on the following subjects, refer to the indicated pages of the monthly issues as follows: Factory weekly earnings for period of January
1927 through August 1932, p . 20, October 1932; factory hourly earnings for January 1926-December 1931, p. 18, December 1932; weekly earnings Massachusetts for January
1926-December 1931, p . 18, December 1932; construction wage rates for January .1922-July 1933, p . 19, September 1933. Additional series on agricultural loans were first
included in the June 1934 issue for land-bank commissioner for period July 1933-April 1934. Additional series were also included in this issue for banks for cooperatives
including central bank and production credit associations for the period October 1923-April 1934, and emergency crop loans and regional agricultural credit corporations for
April 1933-April 1934. D a t a for emergency crop loans for fiscal years from June 1922-June 1931 and monthly periods January 1932-March 1933 and regional credit corporations for October 1932-March 1933 will be shown in a subsequent issue.
ABreak-down of figures shown in issues u p to November 1934.
for FRASER
Digitized
32
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
1936
May
July 1936
1935
May
June
July
DecemAugust SeptemOctober November
ber
ber
1936
January
February
March
April
FINANCE—Continued
BANKING—Continued
30,108
Bank debits, total.
mills, of dol_. 33, 225
31,475
29, 031 32, 577
30, 268
32, 227
33, 287
36,360
35,424
31, 572
37,496
» 34, 783
1
14,014
New York City
mills, of dol._ 16, 227
14, 551
15, 667
14, 733
16, 737
17, 286
15, 733
15, 542
17,684
17,925
15,806
19, 629
15,
016
Outside New York City
mills, of dol__ 16, 998
15, 557
15,808
16, 844
1 5, 536
16, 685
18, 676
17,499
15, 766
17,867
17, 497
16, 550
Brokers' loans:
Keported by N. Y. Stock Exchange
970
793
809
792
772
924
938
997
1,064
781
846
925
769
mills, of dol—
1.94
2.29
2.23
1.93
1.84
1.94
2.00
1.93
2. 23
1.88
1.84
1.81
1.98
Ratio to market value
percent..
By reporting member banks:
To brokers and dealers in N. Y.*
1,154
864
921
980
990
1,032
779
850
825
778
893
898
846
mills, of dol—
To brokers and dealers outside N. Y.*
238
176
183
152
160
183
171
171
220
170
169
173
mills, of doL.
Federal Reserve banks:
9,165
9,529
9,749
11,026
11,127
10,416
11, 094
9,556
9,872
10, 780
11,088
Assets, total
mills, of doL. 11, 266
11,184
Reserve bank credit outstanding
2,474
2,469
2,473
2,480
2,482
2,486
2,482
2,465
2,477
2,485
2, 475
2,480
2,479
mills, of dol__
K
K
3
g
g
5
e
c
5
5
Bills bought
mills, of dol__
0
0
0
5
8
8
5
9
5
10
6
6
7
Bills discounted
mills, of dol_.
11
6
7
2,430
2,430
2,432
2,431
2,430
2,433
2,430
2,430
2,430
United States securities-mills, of dol__
2,430
2,430
2,430
2,430
8, 132
6,108
6,716
6,838
7,285
6,426
6,515
7,566
7,835
8,006
8,021
8,027
Reserves, total
mills, of doL.
8,049
7,837
5,901
6,502
6,203
7,571
7,685
7,680
6,633
6,246
Gold reserves§
mills, of doL.
7,053
7,347
7,668
7,717
9,165
9,749
9,872
9,529
11, 026
11, 088
11,094
11,127
Liabilities, total
mills, of dol.. 11,266
10,416
9,556
10,780
11,184
5,613
Deposits, total
mills, of dol—
6,524
6, 574
5,146
5,562
5,999
5,406
6,166
6,386
6,617
6,535
6,497
5,478
5,719
4,832
5,254
4,979
Member bank reserves
mills, of dol..
5,305
5, 486
5,100
5,648
5,835
5,587
5,860
5,784
5,087
2,600
Excess reserves (est.)*.. .mills, of dol..
2,664
2,866
2,318
2,708
2,414
2,513
3,100
2,844
3,084
2,986
2,305
2,970
3,474
Notes in circulation
mills, of dol..
3,762
3,795
3,189
3,399
3,532
3,258
3,262
3,647
3,709
3,633
3,732
3,764
75.3
78.3
78.4
73.3
74.9
76.4
74.2
77.6
78.1
78.2
Reserve ratio
percent..
74.5
77.1
78.1
Federal Reserve reporting member banks:!
Deposits:
13, 578
12, 556
12,921
13,887
14,090
13, 263
13,246
12,962
Demand, adjusted!
mills, of doL. 14,580
14,018
14,017
14, 258
13, 598
5, 035
4,935
4,842
4,872
4,911
4,900
4,909
4,839
4,890
4,856
5,047
4,899
4,888
Time
.mills, of dol_.
11, 676
12,022
11, 791
13, 452
12,390
12, 034
12,480
12,646
12,996
13,047
13,229
Investments
mills, of dol— 13, 522
12,476
U. S. Gov. direct obligations*
8, 909
8,468
8,643
7,824
7,778
8,301
8,655
8,690
8,802
mills, of dol_.
7,877
8,183
8,177
7,947
U. S. Gov. guaranteed issues*
1,305
1,126
1,265
791
972
1,035
1,094
1,137
1,172
mills, of doL.
1,133
1,017
1,201
1,281
3,308
3,052
3,321
3,107
2,995
3,042
3,156
Other securities*mills, of dol..
3,110
3,113
3,166
3,070
3,169
3. 369
8,626
8,152
8,249
8,392
Loans, total
mills, of dol—
8,111
7,817
7,902
8,037
7,999
7,959
8,343
8,030
7,811
Acceptances and commercial paper*
315
322
375
362
352
324
353
310
306
329
349
mills, of dol—
360
346
1,147
1,157
1,147
1,136
1,144
1,135
1,144
1,140
1,136
1,142
On real estate *
mills, of dol—
1,146
1,146
1,141
92
162
75
87
81
83
103
150
76
88
To banks
mills, of dol..
65
66
67
3,486
3,156
3,208
3,009
3,095
On securities
mills, of doL.
3,076
3,006
3,108
3,274
3,128
3,117
3,313
3,304
3,586
3,261
3,380
3,277
3,401
3,495
Other loans*
.mills, of dol—
3,288
3,340
3,190
3,401
3,304
3,281
3,485
Interest rates:
Acceptances, bankers' prime
percent—
H
M
H
H
H
X
H
H
H
H
H
Bank rates to customers:*
2.51
2.61
2.69
2.72
2.66
2.61
2.67
2.77
2.61
2.64
2.56
2.54
In New York City
percent..
2.72
In eight other northern and eastern
3.45
3.88
3.63
3.78
3.67
3.62
3.60
3.79
3.75
3.87
3.63
3.47
cities...
percent—
3.75
In twenty-seven southern and western
4.43
4.63
4.76
4.55
4.44
4.79
4.51
4.51
4.55
4.58
4.47
4.51
4.40
cities
percent.25
.93
.25
.25
.29
.75
.25
.25
.75
.75
.75
.75
Call loans, renewal
percent.75
A
3/
3/
Com'l paper, prime (4-6 mos.)...percent—
%
%
%
A
*A
U
H
H
n
u
1.50
1.50
1.50
1.50
1.50
1.50
1.50
1.50
1.50
Discount rate, N. Y. F. R. Bank..percent—
1.50
1.50
1.50
1.50
4.00
4.25
4.19
4.00
4.00
4.00
4.00
4.00
4.00
4.00
4.00
Federal Land bank loans*
percent4.00
4.00
2.00
2.00
2.00
2.00
2.00
2.00
2.00
2.00
2.00
2.00
2.00
Intermediate credit bank loans...percent—
2.00
2.00
1
1
1
1
1
Time loans, 90 days
percent..
1-1*4
H
H
H
U
H
1
H
Savings deposits:
New York State Savings banks
5,165
5,152
5,152
5,154
5,204
5,187
5,187
5,161
5.161
5,177
5.179
5, 175
5,177
mills, of dol..
U. S. Postal Savings:
Bal. to credit of depositors.thous. of dol— 1,214,037 "1,205,213 «l,204,863 1,189,490 1,191,754 1,191,677 1,196,427 1,198,966 1,201,304 1,207,971 "1,213,765 -1,215,811 1, 215,170
200, 252
Bal. on deposit in banks—thous. of dol— 191,461 411,714 384, 510 363.001 347,870 318, 513 305,778 293,598 286,588 243, 702 »224, 497 »220, 578
FAILURES <T
Commercial failures:
944
832
1,004
884
902
Grand total
.number..
787
898
910
1,056
1,077
946
856
830
Commercial service, total
number __
35
67
48
43
47
46
58
47
41
53
59
47
38
54
Construction, total
number..
46
56
53
55
74
58
54
51
51
32
36
Manufacturing, total
number..
146
172
132
143
169
172
180
174
166
210
158
137
161
Chemicals and drugs
.number..
5
5
6
10
1
9
6
8
10
10
2
3
5
33
37
43
45
48
Foods
number..
40
57
38
35
40
34
50
37
Forest products
number..
11
14
9
12
14
11
10
11
16
18
13
12
2
1
5
2
Fuels.
.number..
3
6
1
3
7
3
4
9
7
5
Iron and steel
number..
11
9
6
13
8
5
6
8
*i
•j
Leather and leather products.number..
10
10
8
7
4
9
8
4
9
12
Machinery
number..
6
9
11
6
12
8
8
12
5
6
2
Paper, printing, and publishing
number..
14
4
12
17
10
9
12
13
10
12
17
8
13
• Revis ed.
*New series. For earlier data on the following subjects, refer to the indicated pages of the monthly issues. New series on "Brokers' Loans" for the period January
1929-December 1935 are shown on p. 19 of the March 1936 issue. For new series on bank rates to customers see p. 19 of the March 1936 issue. For new series on interest
rates of Federal land banks see p. 20 of the April 1935 issue. Data on excess reserves for the period Sept. 1,1931-April 1936 are shown on p. 20 of this issue. See footnote
below on break-down of Investments and total loans. These 3 series represent a break-down of the investment total. Monthly data previous to October 1934 not available.
Data on acceptances and commercial paper, on real estate, to banks and other loans represent a break-down of the "All other" loans total which was published prior to
Oct. 1, 1935.
§Figures subsequent to December 1933 represent gold certificates on hand and due from Treasury, plus redemption fund.
JMethod of computing net demand deposits subject to reserve was changed by the "Banking Act of 1935" approved Aug. 23,1935. Consequently figures since that
date are not comparable with those for earlier periods. Data for months August 1934-August 1935 were incorrectly shown in the October 1935 issue.
IData on Federal Reserve Reporting Member Banks represent operations in 101 leading cities. -These series, according to a statement in the Federal Reserve Bulletin
for November 1935, in the main, represent a continuation of the 101 city series published prior to the bank holiday. It is pointed out that although the banking crisis and
subsequent developments affected these series considerably, the data reflect the course of banking developments during the disturbed period. Data on 101 cities were last
shown in the May 1933 Survey for February 1933. Figures on the new basis not shown above will appear in a subsequent issue.
S Classifications have been changed and revised data prepared beginning with January 1934. These data are shown on p. 20 of the May 1936 issue.
33
SURVEY OF CURRENT BUSINESS
July 1936
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
1935
1936
May
May
June
July
1936
Novem- Decem- January
e m
August S6 ?iuer
r " October
ber
ber
February
March
April
FIN AN CE—Continued
FAILURES t— Continued
Commercial failures—Continued.
Grand total—Continued.
Manufacturing, total—Continued.
Stone, clay, and glass products
number _.
Textiles
.
number..
Transportation equipment _ _ number _.
Miscellaneous
_
number..
Wholesale trade, total
number..
Retail trade, total
number..
Liabilities:
Grand total
thous. of dol.
Commercialservice,totaLthous. of doL.
Construction, total
thous. of doL.
Manufacturing, total
thous. of doL.
Chemicals and drugs..thous. of doL.
Foods
thous. of doL.
Forest products
thous. of dol.
Fuels
thous. of dol.
Iron and steel
thous. of doL.
Leather and leather products
thous. of dol.
Machinery...
-thous. of dol.
Paper, printing and publishing
thous. of dol.
Stone, clay, and glass products
thous. of dol.
Textiles
thous. of dolTransportation equipment
thous. of dol.
Miscellaneous...
thous. of dol_
Retai] trade, total.
thous. of dol.
Wholesale trade, totaL.-thous. of dol.
5
48
6
18
81
633
5
39
3
23
65
559
6
47
1
28
75
548
5
39
4
25
89
704
1
30
2
21
98
544
7
27
3
23
88
602
48
2
18
93
506
17, 002
2,602
1,185
2,840
260
1,029
71
58
65
17,185
1,187
2,792
4,984
122
1,038
1,026
77
210
14, 384
731
2,948
3,954
442
967
195
4
52
15, 686
2,969
1,971
4,358
196
645
905
831
198
18,104
1,867
2, 435
5,834
184
1,588
925
95
14,089
404
1,819
3, 360
12
1,164
340
99
227
16, 271
650
4,484
4,371
21
707
248
21
90
14,157
567
1. 570
4,959
108
762
169
122
154
275
275
30
175
168
143
404
71
128
403
61
49
125
51
218
140
93
379
110
94
186
102
246
322
1,020
63
715
109
763
265
1, 779
4
828
146
568
808
625
353
1
26
8
21
72
533
1
43
2
27
79
630
40
4
18
88
589
17
81
551
10
32
3
10
94
557
15, 369
494
4, 816
2, 709
90
389
264
94
124
14, 339
1,083
1,461
4, 664
202
797
341
12
410
12,918
1,177
1,079
3,580
91
560
484
138
57
16, 523
1,525
1, 294
5, 237
88
1,347
150
525
631
13, 266
469
1,471
4,297
8
802
322
587
801
108
128
126
349
188
306
327
79
374
714
4
496
875
385
856
617
268
1,171
22
437
5,889
1,242
567
720
290
166
5, 684
1, 398
340
6,327
2,140
36
115
5,220
1,809
132
201
8,539
1,836
195
5, 905
2,318
5,371
1, 380
10
316
4,777
1,611
72
360
6,245
1,723
12
254
8,651
1, 855
47
407
5, 503
1, 263
110
848
5, 581
1.48U
18, 479
4,668
868
3,800
18, 567
4,631
855
3,776
18, 696
4,590
844
3,746
18, 786
4,552
831
3,721
18,887
4,517
821
3,696
18,990
4,502
820
3,682
19,109
4,480
812
3,668
19,196
4,448
807
3,641
19, 328
4,420
799
3, 621
19, 423
4, 383
789
3,594
19, 545
4, 348
776
3,572
19, 627
4,325
768
3,557
8,327
3,163
1,881
2,639
644
8,375
3,199
1,888
2,637
651
8,531
3, 264
1,973
2,623
671
8,639
3,318
1,998
2,627
3,385
1,979
2,633
8,854
3,515
1,997
2,635
707
8,945
3,569
2,045
2,622
709
9,161
3,801
2,015
2, 596
749
9,242
3,889
1, 998
2,604
751
9,265
3, 907
1,987
2, 604
787
9,468
4, 039
2,041
2, 614
774
9, 565
4,099
2,061
2, 636
769
2,834
2,829
2,821
2,813
2,807
2,797
2,786
2,777
2,766
2,756
2,748
2,741
1,034
1,047
1,229
25
65
26
775
692
934
248
269
277
728, 438 700,059 788, 003
74, 606
31, 338 36,981
233,988 207, 408 187,874
463,112 455, 670 525, 523
949
30
703
216
681,506
40, 981
193,344
447,181
996
24
769
203
665,140
30, 498
212,055
422, 587
1,150
32
S90
228
775, 982
56,213
246, 011
473, 758
1,114
30
868
217
743. 945
37, 213
244, 356
462, 376
903
656
681
212
354
286,015
52, 382
10,836
53, 805
168, 992
252, 542
26, 254
9,452
56, 245
160,591
262. 030
31,136
9, 791
58, 223
162,880
250.
30,
10,
47,
160,
576
233
64
69
210
118
479
203
49
54
173
460
198
47
52
163
525
222
56
62
185
4
406
12
1, 242
517
211
5, 933
1, 423
LIFE INSURANCE
(Association of Life Insurance Presidents)
Assets, admitted, totalf
mills, of dol.
Mortgage loans
mills, of dol.
Farm
mills, of doL
Other....
mills, of dol.
Bonds and stocks held (book value):
mills, of dol.
Government...
mills, of doL
Public utility
mills, of dol.
Railroad
mills, of dol.
OtherA
mills, of dol_
Policy loans and premium notes
mills, of dol.
Insurance written:f
Policies and certificates
thousands.
Group
_
thousandsIndustrial
thousands.
Ordinary.
thousands.
Value, total
thous. of dol.
Group
..thous. of dol.
Industrial.-.
..thous. of dol.
Ordinary
thous. of dol.
Premium collectionst
Annuities
Group
Industrial
Ordinary
1,098
47
821
230
753, 410
59,130
230, 464
463, 816
942
1,022
1,161
1,103
1,047
20
24
167
38
28
716
764
756
804
769
206
234
238
261
250
732,188 697, 471 904,149 651,193 573,481
50, 231 39, 537 267, 582 26, 524 22,501
215, 323 205, 951 203,465 208, 508 190,044
466,634 451,983 433,102 416,161 360,936
255, 226 242, 554 269,121 240, 321 225, 617 246, 754 251, 726 349,
24,716
31,413 33, 624 64,
39, 836 32,591
33, 800 30,611
8,515
10,
8,537
9,281
8,546
9,567
8,966
8,415
53, 941 49, 789 54,002 94,
55, 488 51,561
48,658
52,331
163,802 151,197 164, 230 146,888 138,423 157,006 155, 585 180,
thous. of dol.
thous. of dol.
thous. of dol.
thous. of dol.
thous. of dol.
149
837
679
959
674
(Life Insurance Sales Research Bureau)
Insurance written, ordinary, total
mills, of dol.
Eastern district
mills, of dol.
Far Western district
mills, of dol..
Southern district
mills, of doL
Western district
...mills, of doL
Lapse rates
1925-26=100.
504
211
54
60
179
500
203
52
62
183
490
201
51
59
179
126
483
199
50
58
176
456
183
50
57
166
414
168
44
53
149
502
215
51
60
176
495
208
51
60
176
506
210
56
62
178
MONETARY STATISTICS
Foreign exchange rates:#
.331
.330
.333
.331
.331
.329
.329
.328
.330
.331
.327
.329
.326
Argentina*
dol. per paper peso..
.170
.170
.169
.169
.169
.169
.169
.169
.169
.169
.168
.169
.169
Belgium
dol. per belga—
.084
.084
.085
.084
.086
.086
.083
.084
.083
.084
.084
.083
Brazil..
dol. per milreis..
.998
1.001
.995
.999
.990
.998
.993
.989
.998
.998
.986
.999
Canada
dol. per Canadian dol_.
.051
.051
.051
.051
.051
.051
.051
.051
.051
.051
.051
.051
.051
Chilef
dol. per peso..
4.97
5.00
4.94
4.93
4.96
4.97
4.93
4.92
4.96
4.97
4.91
4.93
4.89
England
dol. per £_.
.067
.066
. 066
.066
.066
.066
.066
.066
.066
. 066
.066
.066
.066
France_._
dol. per f r a n c
.404
.402
.407
.404
.402
.403
.402
.402
.404
.403
.402
.404
.402
Germany
dol. per reichsmark..
.375
.373
.377
.375
,372
.375
.372
.371
.373
.375
.370
.372
.369
India.
__.
dol. per rupee..
.083
.084
.080
.079
.079
.081
.081
.081
.082
.082
.081
.083
.082
Italy
_
dol. per lira
.289
.
289
.291
.291
.289
.287
.290
.292
.293
.287
.287
.290
.287
Japan
dol. per yen..
. 687
.684
.679
.676
.682
.676
.678
.678
.680
.678
.677
.679
.676
Netherlands
_.dol. per florin.136
.137
.136
.137
.138
.137
.137
.137
.137
.137
.137
.137
.137
Spain_
dol. per peseta..
.256
. 255
.256
.258
.254
.254
.254
.256
.256
.253
.253
.254
.252
Sweden
_
dol. per krona..
.797
.801 i
.802
.803
.800
.798
.805
.805
.802
.799
.802
.801
Uruguay
dol. per peso..
X See footnote on p. 32 marked "<?."
t Revised series. For earlier data see pp. 18,19, and 20 of the July 1933 issue, insurance written and admitted assets; p. 18 of the June 1933 issue, premium collections.
1 The nominal official gold value of the Chilean peso was changed from 3 pence gold to \\% pence gold as of Jan. 2, 1935.
# Par values of foreign currencies as given on pp. 86 and 87 of the 1932 annual supplement were changed with the reduction in gold content of the United States dollar.
• Quotation based on paper peso since Dec. 10, 1933, instead of gold peso as formerly. Former equivalent to 44 percent of latter. See note on p. 56 of the March 1934
Issue.
AThe figures for "other" bonds and stocks held (book value) for the months of January and February 1934 shown as 611 and 616 million dollars, respectively, in the
issues from May 1934 to April 1935 should read 514 for January and 518 for February.
Digitized formonthly
FRASER
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
1936
May
1935
May
June
July
DecemAugust SeptemOctober November
ber
ber
July 1936
1936
Janu- 1 February 1 ary
March
April
FINANCE—Continued
MONETARY STATISTICS—Continued
Gold and money:
Gold:
8,755
9,025
9,180
9,777
10,072
10,158 10,163
9,128
10, 172 10, 202
Monetary stocks, U. S
mills, of doL. 10,324
9,545
9,246
Movement, foreign:
3
,
2
4
6
1
,
535
-1,745
-1,864
573
1,250
- 9 , 506
1,796
4
2
3
998
969
1,015
- 155
Net release from earmark.thous. of dol..
5
49
242
170
338 23,637
102
59
166
76
86
2,315
51
Exports
thous. of dol._
45, 981
7,002
46, 085 156,805 314,424 210,810 190,180
16, 287
7,795
Imports—
thous. of dol.. 169, 957 140,065 230, 538
28, lOd
Net gold imports, including gold re43, 898 -26,141
47, 779 157, 734 313, 484 211,141 191, 260
15, 805
6,449
leased from earmarkA*thous. of dol__ 166, 706 138, 481 231, 370
27, 900
916, 035 889, 026 927, 803 929, 331 902, 333 931, 724 909, 550 906, 496 924,081 894, 624 '933, 776 912, 639
Production, Rand
fine
ounces..
114,552
181,140
112,619
193,
107
120,
712 125,529 156, 435 163, 674
155,
793
167, 667
173, 899 191,898 149,144
Receipts at mint, domestic-fine ounces..
5,507
5,522
5,897
5,757
5,779
5,576
5,704
5,770
5,651
5,550
Money in circulation, total..mills, of dol._
5,892
5,918
5,857
Silver:
203
769
253
141
2,885
512
237
2,009
1,472
1,547
1,717
260
535
Exports
thous. of doL.
4,989
13, 501
17, 536
10.444
8,115
30, 820
30, 230
45, 689 48, 898 60, 065 47, 603 58,483
4,490
Imports.
..thous. of doL.
.744
.584
.449
.473
.448
.719
.654
.448
.664
.682
.654
.654
.449
Price at New York
dol. perfineoz._
16, 072
15,157
15, 854 22, 781 19, 501 "20,502 "21,114
19, 927
17, 309
19,111
17,121
19,313
Production, world •
thous. offineoz__
1,896
1,941
1,244
1,414
1,148
1,300
1,845
1,703
1,156
1,185
1,031
1,499
Canada...
thous. offineoz__ 1,276
5,193
9,600
6,862
7,159
5,432
3,844
6,840
8,553
6,454
7,444
5, 237
5,783
Mexico
thous. offineoz_.
2,693
3,688
4,374
5,056
2,387
3,814
5,329
3,352
4,008
5,046
3,170
3,548
United States
thous. offineoz_. ~ 47 754
Stocks, refinery, end of month:
1,058
1,873
1,757
1,109
1,943
3,280
1,487
1,691
2,351
538
United States
thous. offineoz_. 1, 316
1,076
1,834
658
755
2,112
730
570
1,576
1,605
1,746
Canada
thous. offineoz._
1,930
1,418
638
1,842
691
NET CORPORATION PROFITS
(Quarterly) t
199.8
Industrial corporations, total-.mills, of dol..
147.6
170.9
124.7
Autos, parts and accessories-.mills. of dol..
75.1
68.8
73.0
35.5
41.6
24.2
32.0
31.6
Chemicals
mills, of dol. .
19.6
16.0
16.1
Food products and beyerages_mills of dol_.
18.0
Machinery and machine manufactures
mills, of dol._
7.4
8.2
6.
.3
4.0
3.7
1.
Metals and mining
mills, of dol._
3.0
10.1
9.1
Oil __ __
_
mills, of dol._
6.6
11.3
14.6
7.3
4.6
Steel.—".I"".
mills, of dol..
2.7
27.4
21.5
Miscellaneous
mills, of doL.
17.1
17.5
Railways, class I (net operating income)
175. 7
126.3
110.0
mills, of doL.
53.3
47.4
48.3
54.2
Telephones (net op. income)..-mills, of dol
Other public utilities (net income)
49.7
39.3
50.5
mills, of dol_.
PUBLIC FINANCE (FEDERAL)
30, 516 30, 520 31, 459 31, 425
29,033
Debt, gross, end of month
mills, of dol_. 31, 636
28, 638
29,462 29, 634 30,557
29,120
28, 701
29,421
Expenditures, total (incl. emergency) S
thous. of dol._ 590, 006 '283.651 930, 747 847,317 701,774 457,776 870, 626 573,013 694,383 487, 274 517,044 643, 098 681, 507
Receipts, totals
thous. of dol__ 274, 415 266,178 496,042 301,883 330,301 586, 339 288, 867 284, 636 479,722 279, 556 250, 705 779, 521 258, 759
29, 704 33, 276 31, 226 29, 123 33, 599 33, 087 35, 342 32, 226
30, 339
37,127
28,177
29,711
Customs
thous. of dol.. 30, 268
Internal revenue, total
thous. of doL. 182,110 206, 677 427,906 236,962 229, 639 378, 870 192,218 184,096 275, 487 183, 765 185,001 691, 051 202, 780
43, 610 404, 209 35, 127
230, 227 28, 213 21, 753 228, 999 36,061
24, 835 251,889
23,172
23, 963
Income tax
thous. of dol__ 34. 517
Taxes from:*
Admissions to theaters, etc.
1, 319
1,344
1,405
1,255
1,314
1,211
1,277
1,489
1,867
1,755
1,460
1,266
1,174
thous. of doL.
Capital stock transfers, etc.
2, 357
3,911
1,458
4,033
1,934
1,623
1, 860
2,992
2,132
thous. of dol..
2,894
3,818
2,871
2,925
Sales of produce (future delivery)
202
174
165
230
263
238
319
299
262
264
282
275
367
thous. of doL.
221
424
321
336
601
292
730
319
643
200
571
339
146
Sales of radio sets. etc...thous. of dol..
Reconstruction Finance Corporation loans
outstanding, end of month:t§
Grand total
thous. of dol.. 2,512,957 "2,659,764 "2,743,818 '2,808,308 l2,819,378 -2,826,46' '2,807,892 '2,791,734 2,728,682 '2,741,437 2,705,734 2,653,750 2,634,619
Total section 5 as amended
thous. of doL. 839,727 * 1,160,974 -4,134,216 '1,100,704 -1,080,559 4,059,338 1,029,436 '1,000,708 "965, 528 '928, 588 "905, 259 855, 495 847, 934
Bank and trust companies, including
receivers
thous. of dol_- 268,889 *498, 955 a477, 885 l454, 222 '440, 289 '425, 897 '409, 377 384, 346 '377, 551 •354,801 •335, 671 288, 465 277, 383
Building and loan associations
5,631
5,233
"9,180
5, 019 " 10, 276
" 9, 734 " 10. 202
" 8, 909 " 8, 308 a 7, 808 " 7, 274 "6,699 a 6, 028
thous. of doL.
5,231
5,750
« 17, 524 " 17, 137 " 9, 967 « 9, 344 " 6, 185 "6,060
5,180
19,841 " 19, 202
Insurance companies—thous. of dol_.
°
5,
852
" 18, 018
Mortgage loan companies
124, 767 125, 347
'136,093 432, 127 431,483 431, 003 427,879 426, 656
thous. of dol.. 127,511 3146, 295 "145, 427
425, 353
439, 823
Railroads, incl. receivers
!
389,239
394,168
393,712
393,154
413, 350 412, 903 412, 805 '412, 765 396,250
thous. of dol..
413, 414 414, 344
Al J other under section 5
'390,199
413,338
41,
643
40, 572
thous. of doL. 39, 974 "72,169 ° 67, 624
"
55,
442
"
40,
660
" 50, 389
" 64, 123 " 62, 365 " 57, 496
« 42,156
"65,101
Total Emergency Relief and Construc760,
622
775,
291
'758,
389
tion Act as amended.thous. of dol._ 650,437 512, 671 a614, 723
•751,
448
'769,
321
'732, 718
'724, 740 '746, 799
Self-liquidating projects
'771, 248
'700, 345
163,
601
thous. of doL. 172, 538 137,311 "146, 455
473,138
159,
672
468,
265
453,
667
168,
259
446, 304
'154, 688
Financing of exports of agricultural
455,321
'148, 511
47
14,
300
surpluses
thous. of dol._
14, 926 " 14, 532
14,
300
13,584
14,
300
14,
027
47
14,027
14, 517
14,027
Financing of agricultural commodi14,517
'274,
250
ties and livestock
thous. of dol.. 181,436
62, 744 »156, 048
'272,115
305,
567
300,
538
*267,141
305,
001
'275, 760
'257, 914
'305, 276
239, 629
Amounts made available for relief
296, 468 296, 436
and work relief
thous. of dol._ 296,416 297, 690 297, 689
297, 621 297, 099 296, 768 296, 701 296, 727 296,626
296, 625
297, 688
Total Bank Conservation Act as
902,
099
*904,
663
'904,
025
877,
724 877, 591
"906,
557
«907,
045
"904,
680
872,
625
'897, 011
•902, 309
amended
thous. of doL.
'887, 629
'901, 727
Other loans and authorizations
"
84,
020
"90,216
416,305
145,
240 148, 472
438,
848
150,168
'111,770
thous. of doL.
120,451 125, 592 433, 425
<441, 598
405, 582
A Or exports (—).
° Revised
•Data are compiled by the American Bureau of Metal Statistics and represent the estimated world output. The series for the period January 1928-August 1934 presented
in the SURVEY covered the principal producing countries which produced the following percentages of the world total: 1928, 87.9; 1929, 87.1; 1930, 85.5; 1931, 82.0; 1932, 75.5;
and 1933, 77.5.
S Series revised to include emergency expenditures. Figures as shown in SURVEY for months prior to May 1932 are comparable with this series. Comparable figures
for the period May 1932 to March 1933 are on p. 33 of the June 1934 issue. Later data are shown in monthly issues.
a The item of $333,245,378 carried by the Treasury as a credit under the trust funds for May 1935 represents a transfer of that amount from the general fund to the
trust funds. Amount represents deposits of governmental agencies for which Treasury has been acting as fiscal agent.
IFor 1934 includes $2,808,221,138 for February, $2,233,252 for March, $409,052 for April, $298,868 for May, $213,447 for June, $272,163 for July, $268,204 for August, $134,843
for September, $173,702 for October, $116,585 for November, $132,296 for December. For 1935 includes $123,639 for January, $68,241 for February, $157,326 for March, $89,144
for April, $96,103 for May, $105,773 for June, $65,219 for July, $62,055 for August, $62,936 for September, $56,256 for October, $65,780 for November, and $70,889 for December.
For 1936 include $60,222 for January, $43,460 for February, $58,427 for March, $155,254 for April and $42,102 for May, representing the increment resulting from reduction in
weight of the gold dollar.
*For earlier data on net gold imports see p. 20 of the December 1932 issue. For new series for internal revenue tax receipts from admissions to theaters, capital stock
transfers, and sales of radios, see p. 20 of the Feb. 1936 issue. For new series on sales of produce (future delivery), see p. 19 of the April 1936 issue.
§These figures exclude the following amounts, $499,650,000 relief grants to States under the Emergency Relief Act of 1933, $500,000,000 under the provisions of the Emergency Appropriation Act of 1935 approved June 19, 1934, $500,000,000 under the provisions of the Emergency Relief Act of 1935 approved Apr. 8, 1935 and other allocations
to
Federal
agencies.
fRevised series. All series of corporation profits revised for period 1928-35. Revisions not in the June 1936 Survey will appear in a subsequent issue. The data of the
Reconstruction Finance Corporation has been revised to include the statistics of certain loaning agencies of the Corporation not included heretofore and for revisions made
http://fraser.stlouisfed.org/
in recent audits. Revised data for February 1932-June 1935, inclusive, are shown on p. 20 of August 1935 issue. The data have been recently revised again, revisions not
Federal Reserve Bank of St. Louis
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
35
SURVEY OF CURRENT BUSINESS
July 1936
1935
1936
May
May
June
July
Decem- January
August SeptemOctober November
ber
ber
1936
February
March
April
FINANCE—Continued
CAPITAL FLOTATIONS
New Security Registrations Fully
Effective
(Securities and Exchange Commission)
Estimated gross proceeds:*
530,475 254, 062 319,874 406, 087 289, 772 212, 085 275, 696 212, 089 583, 391 751, 013
Total
thous. of doL. 319,319 140, 208
24,986
27,113
27, 690
62,151
25,425
55, 309
41, 286
77,428
27, 278
81,519 168, 638
Common stock
thous. of dol._ 88, 913
31,464
2,034
7,080
20, 873
3,125
25, 550 24, 547 16, 714 31,047
28, 793 53, 973
Preferred stock
thous. of doL. 31, 506
Certificates of participation, etc.
205
6,235
83, 700
1,505
13, 708
25,961
11, 503
4,777
11,027
7, 442 35, 373
thous. of doL. 13, 713
Debentures and short term notes
90,846
83,558
41,125 130, 921 113,593
29, 050
77,749
19, 350
49,284
31,786
55, 219
thous. of dol_. 106, 069
98, 679 334, 716 379, 436
81, 229
352,253 102,181 157, 026 182, 357 194, 093
89,930 214, 916
Secured bonds
thous. of doL. 79,118
Securities Issued
(Commercial and Financial Chronicle)]
Total, all issues
thous. of dol_. 413, 359 472, 429 512, 900 644, 509 437,127 437,425 368,121 382, 221 462, 422 410, 824 301, 978 767, 351 1,020,C32
Domestic, total
thous. of dol._ 413, 359 472, 429 512,900 644, 509 361,127 437, 425 368,121 382, 221 422, 422 354. 824 301,978 743, 851 988, 532
0
56, 000
0
76,000
0
40, 000
0
0
0
0
0
Foreign, total.-thous. of dol..
23, 500 31, 500
Corporate, total
thous. of dol__ 304, 993 126,760 129,164 541,975 209, 862 275, 854 252, 395 250,503 167,355 273, 907 194, 613 594, 853 687, 751
37, 501 101, 833 236, 693
92,378 94, 707 65, 499
32, 750
54, 504 150,589
86, 700
28, 500 173,433
Industrial
--thous. of doL. 133, 822
4,000
4,800
0
2,000
0
0
0
0
0
Investment trusts
thous. of doL.
0
0
482
148
600
250
250
5,250
0
0
5, 660
475
Land, buildings, etc
thous. of doL.
0
325
0
482
0
600
250
0
0
0
Long-term issues
thous. of dol_.
0
5,660
475
0
0
325
Apartments and hotels
0
0
0
0
0
0
0
0
0
0
0
thous. of doL.
0
0
0
0
0
0
0
0
0
0
0
0
0
Office and commerciaLthous. of dol_.
0
0
83,343
88,164 338, 591
35,412 164,172 180, 644 217,153
19, 500
28,550 135, 450 260, 779 315, 587
Public utilities
thous. of doL. 116,096
0
21,090
12, 500
73,412
0
20,235
651
16, 500
94,519
Railroads
thous. of doL. 48, 727
223. 391 122,197
1,770
6,168
1,400
3,000
0
16, 413
13, 273
0
0
29, 300
0
0
Miscellaneous
.thous. of dol_.
8,850
Farm loan and Gov't agencies •
9,671 267, 394 319,000
200
10, 200
10, 500 85, 562 12, 700 38, 962
17, 254 121, 500
thous. of dol_.
20, 000 98,718
92, 034 65, 703 148, 871 76, 764 114,464 133,567
64, 736
78,275
Municipal, States, etc
-thous. of doL. 98, 694
88, 717
97,165 128, 999 102, 063
Purpose of issue:
123, 253 106,739 129, 527 176,672
55, 457 127,127 148, 210 172,745 148, 462 119,794 221,207
81, 764
New capital, total
thous. of doL. 111,571
115, 253 106, 739 129, 527 176, 672
55, 457 .127,127 148,210 172,745 148, 462 119, 794 221,207
81, 764
Domestic, total
thous. of doL. 111,571
55, 090 29, 795 45, 087 73,003
33, 289
72, 935
13,473
45,193
66, 738
Corporate
thous. of doL. 37, 608
58, 816 127,879
13, 676
Farm loan and Gov't agencies
5,900
85, 262
4,000
0
0
0
0
15, 000
40, 290
0
0
0
11, 000
thous. of doL.
Municipal, States, U. S. possessions,
89,266
48, 793
72, 037 33,153 127, 658 60, 459
41, 781
86, 505 114,179
50, 318'
36, 571
59,711
etc
...thous. of doL. 68, 063
0
0
0
0
0
0
0
0
0
0
8,000
0
0
Foreign
thous. of dol_.
Refunding, total
-thous. of doL. 301, 788 390, 665 457, 443 517,382 288, 917 264, 679 219, 659 262, 426 241,216 287, 571 195, 23 < 637, 824 843, 360
81, 567 115,488 486,885 180, 067 230, 767 179,392 217,215 100, 617 200, 973 181,141 536, 037 559, 872
Corporate
_.thous. of doL. 267, 385
Type of security, all issues:
Bonds and notes, total
thous. of doL. 373, 491 466, 229 512, 900 611, 276 412, 765 433,598 349,500 378,471 427,960 406,635 280, 815 743, 659 955, 533
Corporate...
___thous. of dol_. 265,125 120, 560 129,164 508, 742 185, 499 272, 027 233,774 246, 753 132, 893 273, 907 173, 450 594, 853 623, 252
34,462
21,163
18, 621
4,189
23, 692 64, 498
0
33, 233 24, 362
3,827
3,750
6,200
Stocks
_
thous. of doL. 39, 868
Bond Buyer
State and municipals:
94, 308 •117,786 111.964
93, 636
94,330 52, 743 115,116 70, 228 137,145 126, 454
86, 580
Permanent (long term)
thous. of doL.
22, 800
30, 298 118, 586
16, 061
36, 037
83, 796 32,941
37, 219 74.814
81, 713 124,087
34,427
Temporary (short term)
thous. of doL.
COMMODITY MARKETS
Volume of trading in futures:*
Wheat
thous. of bu_. 591, 079 637,996 651, 755 1,157,598 917.282 901, 531 1,074,776 626. 949 569, 673 448.466 321,637 466,193 800, 684
45, 297
53, 744
52,161
92, 053
Corn
_
thous. of bu_. 80, 461 240,347 219, 502 192, 253 185, 330 136, 306 197,332 119,961 100, 377
SECURITY MARKETS
B o n d s
Prices:
94.44
91.85
93. 90
93.59
90.54
93.83
94.47
91.62
89.93
90.23
91.08
All listed bonds (N. Y. S. E.)
dollars90.62
91.71
97.22
94.47
96.69
93.07
96.16
97.38
97.26
Domestic issues
dollars..
94.12
92.65
92.84
93.69
92.81
93.94
80.32
79.03
79.21
78.12
67.47
79.74
80.87
79.76
76.73
77.62
78.45
79.84
Foreign issues
dollars..
80.17
Domestic (Dow-Jones) (40)
96.41
86.50
92.72
94.97
94.88
81.90
81.82
83.52
96.50
79.51
81.08
81.95
79.60
percent of par 4% bond..
Industrials (10)
103. 57
97.56
101.39
102. 88
101.76
87.35
88.87
89.77
92.38
83.35
86.97
82.97
percent of par 4% bond., 101. 09
Public utilities (10)
92.83
99.13
98.14
97.94
91.36
92.08
92.96
97.51
92.61
89.87
91.81
90.09
percent of par 4% bond..
Rails, high grade (10)
126.22
123. 69
116. 92
126. 34
113.83
113. 83 112. 55
114. 32
120. 77
115.07
116.65
113.57
percent of par 4% bond.. 126. 90
Rails, second grade (10)
73.18
70.70
59.99
74.32
66. 96
56.60
55. 58
51.31
56.93
70.43
56.01
54.66
57.10
percent of par 4% bond-.
107.8
107.9
104.5
108.4
106.5
103.5
107.2
104.2
104.2
103.1
101.9
Domestic! (Stand. Stat.) (60)
dollars..
102.2
101.2
106. 53
107.11
107. 68
107. 82
106. 84
106. 45
106.11
106. 06
U. S. Government (Stand. Stat.)*.dollars.. 107. 87
107. 27 107. 52 107.11
107. 40
63.43
63. 54
63. 93
64.47
62.97
59 93
64.49
62.16
62.36
61.79
62.71
Foreign (N. Y. Trust) (40)..percent of par65.92
65.61
Sales on registered exchanges (Securities
and Exchange Commission):*
Total on all exchanges:*
Market value
thous. of doL. 208, 596 335,465 289,247 283,146 323, 438 271, 503 302,178 296, 212 314, 083 443, 264 395, 266 336, 206 251, 878
Par value
.thous. of doL. 249, 620 429, 924 377, 319 363,194 414,036 333,012 387,152 405,138 448, 712 622, 546 511,121 410, 410 301, 133
On New York Stock Exchange:**
Market value.
thous. of doL. 163, 983 239,044 210, 737 198,131 245,922 217, 726 229, 642 217, 954 23', 442 338, 695 305,052 261,553 197, 277
291,123 304, 219 352, 057 492, 214 402, 610 323, 695 236, 792
Par value
thous. of doL. 197, 217 306, 224 274, 661 256, 235 306,890
Sales on the New York Exchange excl. of
stopped salest (Dow-Jones):
Par value:
Total
thous. of doL. 231, 827 284,155 263, 350 235, 675 286,903 249, 795 275, 727 301,977 314, 429 476,137 175,145 2,275,275 774, 052
Liberty and Treasury bonds
10, 000 1,809,000 180,000
33,118
20, 464
19, 252
61, 840
thous. of doL.
42,175
23,471
73, 674 64, 422 51, 997
° Revised;
• Has included since July 1934 other than farm loan issues for which Treasury has acted as fiscal agent.
t Revised series on domestic bond prices for July 1931-February 1933 appeared on pp. 19 and 33 of the April 1933 issue.
* New series. Data on new security registrations fully effective for the period September 1934-December 1935 and volume of trading in futures for the period January
1921-December 1935 are shown on p. 20 of the March 1936 issue. For new series on U. S. Government bond prices see p. 20 of the June 1933 issue. New series on bond
sales on all registered exchanges (market and par value) and on the New York Stock Exchange (par value) are shown on p. 20 of the April 1936 issue for the period October
1934-Febmary 1936.
X The difference in the figures covering bond sales on the New York Stock Exchange (par value) is due to stopped sales being included in the figures of the Securities
and FRASER
Exchange Commission (total) beginning April 1935.
Digitized for
1 Data for the year 1935 revised by reporting source. See p. 35 of the April 1936 issue.
36
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
1936
May
Julv 1936
1935
May
June
July
1936
DecemAugust SeptemOctober November
ber
ber
January
February
March
April
FINANCE—Continued
SECURITY MABKETS-Continued
Bonds—Continued
Value, issues listed on N. Y. S. E.:
Par, all issues
mills, of dol._ 42, 255 43, 720 43, 511
Domestic issues
_
mills, of dol— 37,242
36, 322 36,172
Foreign issues
mills, of doL.
5,013
7,397
7,339
Market value, all issues
mills, of dol_. 39,648
39, 618 39, 864
33,712 33,980
Domestic issues
mills, of dol— 36, 266
3,382
5,906
5,884
Foreign issues
mills, of doL.
Yields:
Domestic (Standard Statistics) (60)t
3. 95
4.32
4.26
percent..
4.45
4.65
4.63
Industrials (15)
percent..
2.76
3.25
3.27
Municipals (15)t
percent—
4.04
4.36
4.34
Public utilities (15)
percent4.52
Railroads (15)
,
percent. _
5.00
4.82
Domestic, municipals (Bond Bvyer) (20)
3.00
3.46
3.31
percent..
Domestic, U. S. Government:
2.50
2.61
2.61
U. S. Treasury bonds*
percent—
Cash Dividend a n d Interest Payments
and Rates
Dividend payments (N. Y. Times)
thous. of dol._ 409,552 323, 523 219, 253
Industrial and miscellaneous
thous. of doL. 375,035 296, 470 193,848
27, 053 25, 405
Railroad
thous. of dol— 34,517
Dividend payments and rates (Moody's):
Dividend payments, annual payments at
current rate (600 companies)
mills, of dol__ 1,385. 2 1,186.1 1,186. 9
Number of shares, adjusted
millions.. 923.92
918. 42 918. 42
Dividend rate per share, weighted average
1.50
1.29
1.29
(600)
dollars..
2.98
3.28
3.19
Banks (21)
dollars..
1.38
1.10
1.10
Industrial (492)
dollars..
2.39
2.07
2.17
Insurance (21)
dollars..
1.86
1.84
1.84
Public utilities (30)
dollars..
1.21
1.24
1.24
Railroads (36)
dollars..
Stocks
Prices:
Dow-Jones:
149.3
113.5
116. 9
Industrials (30).—
dol. per share..
30.0
19.2
21.4
Public utilities (20)
dol. per share..
44.5
31.0
32.5
Railroads (20)
-dol. per share..
119.46
89.84
95.83
New York Times (50)
dol. per share..
155. 64 166. 03
Industrials (25)
_dol. per share.. 203. 36
35. 57
24.05
25. 63
Railroads (25)._
dol. per share..
101.9
73.1
76.0
Standard Statistics (421)
1926=100..
117.
1
85.5
88.0
Industrials (351)
1926=100..
120.4
70.4
64.5
Public utilities (37)—
1926=100..
45.6
31.0
32.7
Railroads (33)
_
1926=100..
62.6
47.3
49.8
Banks, N. Y. (20)
1926=100..
94.2
79.2
83.2
Fire insurance (20)
1926=100.
43, 026
35, 694
7,332
39, 457
33, 597
5,860
43,145
35,825
7,320
39,062
33, 343
5,719
42, 671
35,391
7,280
38, 375
32, 789
5,586
42, 303
35, 054
7,249
38, 171
32, 543
5, 627
42, 232
34, 987
7,245
38, 465
32, 781
5,684
42, 893
35, 619
7,274
39,399
33,650
5,749
43,113
35, 851
7, 263
40, 348
34, 475
5,873
43,015
35, 934
7,082
40, 625
34,936
5,688
44,255
37,196
7,059
41,807
36,177
5,630
44, 223
37.150
7, 073
41, 525
35, 922
5, 603
4.13
4.53
2.95
4.23
4.81
4.13
4.54
2.87
4.23
4.88
4.20
4.54
3.08
4.26
4.90
4.28
4.51
3.16
4.31
5.12
4.18
4.42
3.02
4.15
5.12
4.11
4.44
2.97
4.17
4.87
3.99
4.29
2.93
4.09
4.63
3.90
4.27
2.86
4.04
4.43
3.87
4.32
2.78
4.01
4.37
3.90
4.38
2.76
4.00
4. 45
3.25
3.34
3.51
3.34
3.23
3.25
3.11
3.04
3.03
3. 12
2.59
2.66
2.78
2.77
2.73
2.73
2.62
2.54
2. 51
145, 777
256, 594
185, 306
157, 809
398, 021
301, 403
228,328
273, 649
200, 042
162, 174
132,174
13, 603
239, 561
17,033
181,997
3,308
151,055
6,754
369, 279
28, 742
280, 609
20, 794
184, 035
44, 035
259,487
14,162
192. 324
7,718
155,519
6, 055
1,190.2
918. 42
1, 225.0
918. 42
1, 230. 6
918. 42
1, 243. 7
918. 42
1, 296. 5
923. 92
1, 298. 7
923. 92
1,311.5
923. 92
1.337.2
923. 92
1,345. 5
923. 92
1,355.8
923.92
1.30
3.19
1.11
2.23
1.83
1.21
1.33
3.19
1.16
2.23
1.83
1.21
1.34
2.99
1.17
2.23
1.83
1.21
1.35
2.99
1.19
2.23
1.83
1.21
1.40
2.97
1.26
2.23
1.83
1.24
1.42
2.98
1.28
2.39
1.86
1.21
1.45
2,98
1.32
2.39
1.86
1.21
1.46
2.98
1.33
2. 39
1.86
1.21
1.47
2.98
1.34
2.39
1.80
1.21
122.7
22.5
33.6
98.91
171.78
26.05
79.4
91.7
73.9
34.1
56.8
89.7
127.1
25.9
35.4
102. 59
177. 22
27. 96
83.3
95.2
81.6
35.9
61.7
93.3
131.5
25.7
36.0
105. 78
183. 20
28.37
85.0
97.5
81.9
37.0
56.6
93.0
130.4
26.0
33.8
108.16
189. 58
26.74
86.1
99.5
82.1
34. 5
55.8
92.8
144.3
28.9
37.0
113. 80
197. 63
29.97
94.2
108.4
91.0
38.3
63.5
96.0
145.9
30.9
43.3
116. 06
197. 67
34.46
101.7
116.0
99.1
45.2
70.5
107.5
151.8
32.5
48.5
120. 00
201.17
38. 84
106. 7
121. 5
103.0
49.6
65.8
106.8
155. 9
30.9
48.0
120.95
203. 97
37.94
108.7
124. 6
102. 8
49.2
66.4
102.1
155. 8
31.7
47.2
121. 03
206. 14
37. 10
100.6
122.7
99.4
47.7
04.0
96.6
1.41
2.98
1.26
2.37
1.86
1.21
141.8
28.8
40.3
111.27
190. 86
31.69
95.7
109.8
92.0
41.4
69. 1
101.7
Market value of shares sold:
All registered exchanges, total*
thous. of doL. 1,223,444 1,214,893 987, 346 1,138,644 1,610,330 1,407,019 1,912,161 2,250,677 1,979,149 2,439,219 2,503.129 2,429,900 "1,930,193
On New York Stock Exchange*
1,077,672 1,034,753 852, 493 990, 281 1,392,860 1,241,475 1,659,690 1,952,075 1,738,247 2,069,564 2,140,084 2,092,308 "1,679,839
t h o u s of d o l
Volume of shares sold:
~
On all registered exchanges, total*
82, 870 119, 592 120, 963 101,923
77,916
99,864
thous. of shares.. 46,756
53, 511 41,822
79,180
59,433
81,106
48,696
On New York stock exchange: t
Total (Sec. and Exch. Com.)
87, 502
85,305
56,935
75, 532
63, 344
60,372
77,474
thous. of shares.. 35,943
39,552 31,490
62, 555
37, 782
46, 531
Total excl. of odd lot and stopped sales
67, 211
60, 871
39,616
51,025
45, 590
57,463
42,923
34, 748
46,663
(New York Times)..thous. of shares.. 20, 615 30, 438 22, 340 29, 429
Values, and shares listed, N. Y. S. E.:
50, 202
47,774
50,165
46,946
51.668
34, 549 36, 227
43, 002
44,951
39,801
38,913
40, 479
Market value all listed shares, mills, of dol. . 49,998
1,323
1,321
1,318
1,309
1,337
1,330
1,339
1,304
1,304
1,307
1,307
1,308
1,307
Number of shares listed
millions..
Yields:
Preferred, Standard Statistics:
5.04
5.05
5.02 !
5.10
5.06
5.11
5.12
5.22
5.19
5.17
5.19
5.19
5.19
Industrials, high grade (20)
percent..
Stockholders (Common Stock)
653,435
i
657,
651
671,
324
664,095
American Tel. & Tel. Co., total-_.number..
7,816
7,847
Foreign
number..
7,859 '
7,825
225, 120 i
227, 251
230,086
231, 970
Pennsylvania Railroad Co., total—number..
3,101 |
3,111
3,145
3,126
Foreign
number..
181,493 !
184, 680
190, 375
187,533
U. S. Steel Corporation, total
number..
3,870
3,925
3,979
Foreign
number. _
4,021
21.75
21.56
20.40 I
19.55
Shares held by brokers.-.percent of total
FOREIGN TRADE
Value:
INDEXES
52
48
53
59
52
58
71
44
45
45
46
Exports, unadjusted1923-25=100Exports, adjusted for seasonal variation
53
53
50
51
62
56
52
49
50
48
50
46
1923-25=100..
60
03
59
58
52
52
50
59
49
53
55
58
Imports, unadjusted
1923-25=100Imports, adjusted for seasonal variation
55
58
57
60
58
58
54
58
52
59
52
53
51
Quantity exports:
1923-25=100..
Total, agricultural products:
44
51
51
64
128
96
64
45
36
87
40
44
39
Unadjusted
1910-14=10055
76
54
98
64
59
54
57
44
48
58
Adjusted*
-..1910-14=100Total, excluding cotton:
?• 4
37
43
49
52
74
61
33
35
33
33
35
Unadjusted1910-14=10042
40
45
35
53
68
35
36
37
37
37
48
Adjusted*
1910-14=*100..
° Revised.
' New series. For earlier data see p. 20 of the August 1934 issue, yield on United States domestic long term bonds (all issues except those due or callable within 8 years)
for years 1926-34; for data for years 1919-25 see p. 20 of the November 1935 issue. Series on stock sales on all registered exchanges and on the New York Stock Exchange
as compiled by the Securities and Exchange Commission for the period October 1934-February 1938 are shown on p. 20 of the April 1936 issue. For quantity exports
adjusted for seasonal variation for the period July 1914-August 1935 see p. 18 of the October 1935 issue.
t For earlier data on yield of domestic and municipal bonds see pp. 19 and 33 of the April 1933 issue.
% The difference in the figures covering the volume of stock sales on the New York Stock Exchange since April 1935 is due to stopped and odd lot sales being
included in the figures of the Securities and Exchange Commission. These are excluded in thefiguresreported by the New York Times.
37
SURVEY OF CURRENT BUSINESS
July 1936
Monthly statistics through December 1931, 1936
together with explanatory footnotes and references to the sources of the data, may be found May
in the 1932 Annual Supplement to the Survey.
1935
May
June
July
1936
DecemAugust SeptemOctober November
ber
ber
January
February
March
April
FOREIGN TRADE—Continued
VALUE §
Exports, incl. reexports
tfaous. of dol__
By grand divisions and countries:
Africa
_.
_
thous. of dol—
Asia and Oceania
thous. of doL_
Japan
thous. of doL.
Europe
.
thous. of dol._
France
thous. of dol._
Germany
thous. of dol—
Italy
_
thous. of dol—
United Kingdom
thous. of doL.
North America, northern-.thous. of doL.
Canada
thous. of doL.
North America, southern._thous. of doL.
Mexico..
thous. of dol—
South America
thous. of dol—
Argentina
.
thous. of dol—
Brazil
thous. of dol—
Chile_
_
thous. of d o l By economic classes:
Exports, domestic,
thous. of dol—
Crude materials —
thous. of dol—
Raw cotton
mills, of dol__
Foodstuffs, t o t a l . . .
thous. of doL.
Foodstuffs, crude
thous. of dol..
Foodstuffs, mfgd
thous. of dol—
Fruits and prep.
mills, of dol—
Meats and fats
mills, of dol—
Wheat and flour mills, of dol—
Manufactures, semithous. of dol._
Manufactures, finished—thous. of dol._
Autos and parts
mills, of doL.
Gasoline
mills, of doL.
Machinery
.mills, of dol—
Imports, total #<$
thous. of dol..
Imports for consumption*...thous. of dol__
By grand divisions and countries: #cf
Africa...
thous. of doL.
Asia and Oceania
thous. of doL.
Japan
_
thous. of doL.
Europe
thous. of doL.
France
..thous. of dol..
Germany
_
thous. of dol._
Italy
thous. of dol..
United Kingdom
thous. of doL.
North America, northern..thous. of doL.
Canada
thous. of doL.
North America, southern..thous. of doL.
Mexico
thous. of doL.
South America
thous. of dol—
Argentina
_
thous. of d o l Brazil
thous. of dol_.
Chile
thous. of dol—
By economic classes: #<?
Crude materials
thous. of dol—
Foodstuffs, crude
thous. of dol—
Foodstuffs, manufactured.thous. of dol—
Manufactures, semithous. of dol—i
Manufactures, finished thous. of doL.I
200,666
165,457
170,193
173,371
172, 204
198,189
221, 238
269,310
223, 514
197,958
181,838
194,792
192,629
9,326
38,902
14,680
78,097
7,301
7,240
5,697
30,450
37,500
36, 693
18,535
6,243
18,306
4,507
4,475
1,676
6,797
33,441
13,977
64,945
9,298
4,980
3,552
24, 238
31, 380
30, 636
16,195
5,625
12, 699
3,535
3,158
1,119
7,927
33,325
14,108
69,380
8,741
7,027
5,565
21,924
28,170
27, 723
17,342
6,368
14,048
4,383
3,474
1,209
9,211
31,598
11,864
69, 722
7,345
6,348
5,167
24,306
30,141
29,679
17,624
6,004
15,064
4,622
3,733
1,432
9,950
29,475
11,680
72, 590
7,824
5,553
5,596
32, 280
28, 611
27,986
16, 216
4,758
15, 363
4,916
3,596
1,069
6,279
37,400
16,996
96,926
7,316
8,891
4,796
53,513
28, 063
27,418
15, 700
4,916
13,821
4,143
3,196
1,283
8,878
34,143
16,402
115,315
10,746
9,885
6,529
59,098
31,084
30,349
18,090
5,817
13, 728
3,436
3,414
1,089
9,427
51,058
26,945
144,510
18,817
14, 363
9,125
62,481
28,170
27,473
18, 628
5,353
17, 517
4,948
4,537
1,698
9,093
50, 946
26,885
110,183
15,701
12,327
7,944
41,823
22,35,7
21,760
17, 729
6,025
13,406
3,556
3,276
1,216
7,700
40,290
18,753
91,669
11, 666
7,136
5,420
37,863
27,390
26, 990
16,693
5,642
14, 217
3,784
3,950
1,193
8,307
32,553
13,251
83,697
9,794
8,803
7,571
32,304
25,638
25, 275
16,281
5,277
15,361
4,154
4,214
1,254
10,553
38,332
16,401
82,932
8,388
9,489
5,891
32,012
27,945
27,356
19,593
6,395
15,438
3,876
4,109
1,274
9,215
39,337
16,211
78,247
9,311
7,787
4,827
27,954
32,128
31,557
17,902
5,932
15,801
4,031
3,704
1,562
196,913
42,627
22.9
15,925
4,621
11, 304
5.3
4.2
1.5
35,115
103,245
22.5
5.6
29.6
191,110
188,421
159, 789
36,920
19.4
15,404
3,715
11,689
4.7
4.3
1.4
26,430
81,035
18.6
4.5
22.2
170, 559
166, 791
167, 228
40, 600
23.4
15,467
4,014
11,453
5.6
3.3
1.1
28,914
82, 246
20.1
6.4
20.6
156, 756
155,314
168, 006
38,340
19.2
15,336
5,220
10,116
6.4
3.3
1.1
28,135
86,196
19.4
6.3
23.3
177,698
174,162
169, 761
40,875
16.6
15,629
4,788
10,841
6.6
3.2
1.2
31,018
82,239
15.7
5.8
23.9
169,030
180,444
195,537
68, 677
31.8
22,399
7,074
15,325
11.8
2.6
1.3
29, 309
75,152
13.3
6.1
20.5
161,653
168,689
218,138
82,604
45.9
23, 695
7,974
15, 721
12.5
2.8
1.5
30,291
81,548
14.1
5.1
23.5
189,240
189, 688
268,730
112,678
75.1
26,780
5,925
20,855
13.8
4.2
1.4
34,319
92,953
21.9
6.7
25.5
169,386
162,808
220,977
82,685
56.8
19,697
5,169
14,528
9.4
3.3
1.2
31, 702
86,894
19.7
7.5
22.5
186,864
179,586
195, 085
59, 770
35.7
15,863
4,349
11,514
6.3
3.3
1.3
28,621
90,831
22.1
5.1
25.5
187,440
186,351
179,195
50, 054
26.6
14, 763
4,020
10, 743
6.3
2.9
1.2
28,319
86,059
22.1
3.6
24.6
192,776
189,589
192, 081
44,486
26.3
16,848
5,087
11, 761
6.8
3.5
1.4
32,096
98,652
24.0
3.3
27.9
198,686
194, 281
189,408
40,431
22.8
14,199
4,949
9,250
5.5
3.3
1.4
33,802
100,976
23.0
5.1
30.7
202,789
199, 787
4,236
58, 857
12,163
53,722
4,356
5,741
3,286
14,513
29,127
28,744
22,800
3,829
19,671
3,827
5,863
2,867
2,363
46,360
11,668
47, 725
3,914
5,747
2,533
12,883
27,394
26,984
19,485
3,516
23,465
5,413
7,818
2,712
3,085
45, 743
10,441
43, 232
4,340
5,338
2,503
11,153
23,389
22,563
18,112
3,080
21, 753
6,336
6,044
1,860
3,098
55,352
11,496
43,849
3,610
5,109
2,223
12,389
24,480
23, 773
22,587
3,267
24, 795
6,611
8,384
1,657
3,129
52,112
12,839
46,635
4, 557
6,491
2,795
11,711
23,905
23, 266
32,359
2,979
22,304
6,687
7,394
712
2,424
52,380
13,888
52,915
4,796
7,326
2,924
14,895
27, 334
26,708
11,845
3,014
21, 791
4,970
8,205
1,515
2,579
57,319
16, 594
65,053
7,565
7,702
4,723
15,820
29,741
28, 573
10,183
3,227
24,813
5, 251
9,934
1,344
3,235
46, 230
14,106
55,009
5,433
6,738
4,528
14,214
27, 258
26,576
8,988
3,048
22,089
4,498
8,530
2,424
3,714
55,693
14,213
56,019
5,168
8,152
3,553
13,577
27,901
27,320
11,139
4,220
25,121
5,154
9,414
1,969
4,212
56,977
15,086
53,493
5,539
5,729
2,749
15,990
24, 675
24,272
23, 289
3,860
23,704
4,862
9,158
1,421
4,483
58, 590
14,435
51, 612
4,321
5,650
2,586
16,132
23,020
22,926
24, 636
4,688
27,247
4,638
11, 053
3,787
4,936
57,435
12,926
55,491
5,347
6,740
2,947
16, 730
27,222
26,836
24,252
5,094
24,945
5,108
9,466
2,748
5,801
65,671
13,286
61,637
4,538
5,870
3,017
14,712
26,923
26, 710
25, 829
4,826
23,925
5,223
7,216
3,442
55,071
21,759
34,080
38, 456
39,056
44,361
26,337
28, 661
33, 577
33,855
43, 733
23,078
26,342
31, 715
30,446
53,029
24,232
32, 291
32,106
32,504
50, 212
24,726
38,849
31, 290
35, 367
49,844
23,653
20,742
38,422
36, 027
55, 398
29,492
22, 256
38, 587
43,955
46,045
24,942
18,909
36,305
36,606
55,737
27,116
17,712
42, 768
36,253
58,412
26,543
28,733
39,699
32.964
58,613
28,745
31, 547
40,060
30,625
57, 749
31,221
32,338
36,127
36,847
62,076
28,690
37,035
37,577
34,409
TRANSPORTATION AND COMMUNICATIONS
TRANSPORTATION
Express Operations
Operating revenue
thous. of dol__
Operating income.
thous. of dol._
Electric Street Railways
Fares, average (268 cities)
Passengers carriedt
Operating revenuesf
8.092
cents..
788,307
thousands. _
thous. of do1
7,918
133
7,593
134
7,619
136
7,671
139
8,053
142
8,029
137
7,936
140
8,586
141
7,745
143
7,706
127
8,245
126
8.120
748,630
54, 634
8.120
693,542
50, 929
8.101
663,348
49, 041
8.101
662, 696
49, 244
8.101
685,430
50,323
8. 101
764, 558
55,442
8.101
742, 270
53, 788
8.101
799,787
58,138
8.101
797,242
57,874
8.101
780,142
56,443
8.100
814,298
58,752
61
60
50
35
55
38
65
71
67
61
67
50
33
68
41
63
47
64
72
49
37
56
30
64
83
67
63
83
54
35
64
35
64
46
64
48
40
38
69
30
63
87
67
58
54
46
39
58
36
64
48
63
70
66
56
44
90
54
67
90
77
62
61
57
42
74
45
65
55
65
73
76
61
43
78
63
67
79
82
64
67
60
42
70
47
64
56
70
62
79
73
37
61
39
62
14
67
71
74
68
45
62
39
66
58
63
88
80
38
67
39
60
15
63
70
78
73
42
70
38
64
62
79
65
106
89
37
66
31
60
15
63
70
97
79
36
68
33
62
62
74
8.092
790,696
57.627
Steam Railways
Freight carloading (F. R. B.):
Index, unadjusted
1923-25=100Coal
1923-25-100-.
Coke
.1923-25=100Forest products.
1923-25«= 100-.
Grain and products
1923-25=100Livestock
1923-25=100..
Merchandise, 1. c. 1
1923-25=100Ore
...1923-25=100..
Miscellaneous
_
1923-25=100Index, adjusted.
1923-25=100
Coal
.1923-25=100..
Coke
1923-25=100-.
Forest products
1923-25=100Grain and products
1923-25=100Livestock
1923-25= 100.,
Mcrchandise, 1. c. 1
.1923-25=100..
Ore
.1923-25=100Miscellaneous
1923-25=100
107
83
70
73
70
44
84
39
64
71
80
66
64
58
42
66
38
65
27
79
69
77
61
40
86
41
83
53
77
anels immediately upon arrival, plus withdrawals for
tvjucuni^uuii IXUUJ. UUJJULCU warcuuuses; auu are nin uuiuparauie wnu earner ugures, wmcxi consist. 01 general imports (goods entered for storage in bonded warehouses, plus
goods entering consumption channels upon arrival in the U. S.).
t Revised series. Data for January 1929-May 1935, inclusive, on electric railway passengers carried and operating revenues for January 1932-April 1935, inclusive, are
shown on p. 19 of the August 1935 issue. Data on electric railway passengers carried through December 1935 are based on estimates for 210 companies, and for 1936 on
estimates for 214 companies.
• New series. Data prior to April 1933 on value of imports for consumption will be shown in a subsequent issue.
§ Data revised for 1932. See p. 34 of the March 1933 issue. Other revisions for the year 1932 were shown on p. 34 of the April, May, December 1933, and January 1934
issues.
For revised data for months of 1933, see p. 20 of the September 1934 issue, and for 1934, revisions, see p. 19 of the December 1935 issue.
38
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
1936
May
Julv 1936
1935
May
June
July
1936
I October Nobveerm- December
August
January
February
March
3,135
906
54
134
151
53
730
28
1,078
171
104
22
2,419
423
27
122
136
48
622
24
1,017
205
104
61
April
TRANSPORTATION AND COMMUNICATIONS—Continued
TRANSPORTATION—Continued
Steam Railways—Continued
Freight carloading (A. A. R.):
Total carsi
thousands..
Coal
thousands.
Coke
thousands..
Forest products
thousands..
Grain and products
thousands.
Livestock
thousands..
Merchandise, 1. c. 1
thousands..
Ore
thousands.
Miscellaneous
thousands.,
Freight-car surplus, total
thousands..
Box
thousands..
Coal
thousands..
Financial operations (class I railways):
Operating revenues!
thous. of doL.
Freightf
thous. of dol.
Passengerf
thous. of dol..
Operating expensesf
thous. of dol_.
Net railway operating incomet
thous. of dol.,
Operating results (class I railways):
Freight carried 1 mile
mills, of tons.
Receipts per ton-mile...
cents.
Passengers carried 1 mile
millions.
Waterway Traffic
Canals:
Cape Cod.
thous. of short tons.
New York State
thous. of short tons.
Panama, totalf
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.
Rivers:
Allegheny
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 trafflc:f
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:
Express carried*
pounds.
Miles
flown*
thous. of miles.
Passengers carried*
___number_
Passenger-miles flown* thous. of miles.
Hotel business:
Average sale per occupied room •,dollars.
Rooms occupied
percent of totalForeign travel:
Arrivals, U. S. citizens
number.
Departures, U. S. citizens.number.
Emigrants
numberImmigrants. _
numberPassports issued
numberNational parks:
Visitors
number.
Automobiles—
number.
Pullman Co.:
Passengers carried
thousands.
Revenues, total
thous. of dol.
COMMUNICATIONS
Telephones:*
Operating revenues
thous. of dol.
Station revenues
thous. of dol.
Tolls, message
thous. of dol.
Operating expenses
thous. of dol.
Net operating income
thous. of dol.
Telephones in service, end of mo.
thousands.
Telegraphs and cables:
Operating revenues
thous. of dol.
Commercial telegraph tolls-thous. of dol.
Operating expenses
thous. of dol.
Operating income
thous. of dol.
3, 352
557
41
162
155
61
795
187
1.394
185
105
41
«2, 888
a
510
"29
"125
°126
°63
°774
"135
°1,126
305
189
68
3,035
621
30
131
127
51
768
159
1,148
272
175
50
2,229
318
19
106
120
39
601
131
894
296
178
73
320,966 -279, 528 281,336 275,349
262, 727 «224, 906 225,183 220,490
30,351 "27,111
31, 053 31,604
240,234 «209, 260 216,464 217,931
41,842
3,102
491
26
152
211
64
798
171
1,189
245
152
53
2,632
446
26
124
162
69
2,882
544
30
126
148
87
667
130
1,150
208
125
48
3,179
625
36
137
157
84
788
67
1,284
252
143
65
294,018 306,960
234,986 249,926
30,820
33,849
221, 238 218, 040
341,018
284,614
28,608
232,516
301,331
248,146
27,848
218,583
641
135
1,029
229
133
2,319
522
33
104
109
51
586
21
892
271
155
2,353
587
37
104
121
52
566
23
864
231
138
47
2,545
445
28
121
123
50
647
35
1,096
179
296, 225 299,099 300. 459 308, 304 '313,410
225,826 241,160 245,145 251, 821 256, 322
34,374
34,102
31, 902 30, 516 30, 653
234, 053 231, 779 235, 906 236, 579 235, 073
°39,599
34, 025
26, 851
42,074
57,359
75,425
54, 234
46,040 I 35,765
33, 595
24,662
1.016
1,377
25,933
.974
1,594
23,167
1.059
1,710
25,936
1.005
1,855
27,715
.983
1,660
31,200
.999
1,475
27,468
.988
1,436
26,175
.987
1,787
27,858
.960
1,695
26,311
25, 304
.931
1,582 !
227
482
2,081
862
882
7,058
2,135
1,072
229
519
1,778
715
1,007
7,503
1,958
1,128
206
576
2,019
848
1,024
7,731
2,636
1,334
202
574
1,994
907
983
7,148
1,956
1,180
270
800
2,229
983
992
7,454
2,225
0
1,150
208
655
2,050
843
865
4,087
2,955
1,313
238
0
2,188
852
44
440
2,029
167
224
0
2,149
775
0
0
2,043
0
81
0
2,155
813
0
0
1,864
0
200
0
2,634
981
0
0
2,149
0
227
228
2, 430
1,023
187
37
1,618
230
554
2,292
938
919
5,985
2,161
1,122
365
246
273
293
238
200
226
267
191
112
43
56
226
2, 361
152
1,383
133
1,561
143
1,271
146
1,491
143
1,239
154
1,414
149
1,707
1,664
1,270
140
1,327
188
1,928
1, 246
877
881
928
967
782
880
956
834
635
102
547
56
520
863
6, 057
3.901
2,155
5,703
3,699
2,004
5,958
3,852
2,106
6,379
4,099
2,280
6,791
4,436
2,355
5,786
3,831
1,955
5,580
3,670
1,910
5,162
3,331
1,831
4,351
2,948
1,403
3,521
3,184
1,337
4,305
3,049
1,256
4, 039
3,225
1,414
4,872
3,329
1,542
483,798
5,511
96, 368
40,097
258,924
4,749
64,971
27,075
330,970 335, 762 392, 212 417, 223 488,019
5,360
5,288
4,993
5,756
5,605
73,896
89, 581 77, 370 70,924
85,546
28,788
31, 226 34,042
35, 732 32,024
361,839
4,301
50,534
20,837
2.85
64
2.77
61
2.86
58
2.87
56
2.98
57
2.94
60
2.99
64
3.12
61
20, 010
21,686
2,643
3,067
27, 725
19,447
19,033
2,697
2,951
22,854
19, 519
19, 342
2,412
2,817
24,879
26,638
31, 376
2.884
2,524
13,546
51,930
51,512
4,111
3,711
7,587
50,177
39, 007
4,430
3,679
4,814
27, 479
24,159
3,382
4,288
4,174
163,493
41,684
100, 593
28,176
317,182
84,368
664,422
158,005
723, 320
183,171
72, 731
77, 723
18,141
1,146
3,660
1,309
4,220
1,286
4,210
1,425
4,374
1,364
4,251
83,406
54,998
21, 250
59, 059
16, 052
81, 757
54,006
20, 569
57,443
16,025
82,063
53,187
21, 524
59,683
14,401
82,360
52,909
22,189
58,255
16, 036
14, 355
14, 335
14, 323
9,809
7,634
7,964
1,450
9,372
7,268
7,824
1,156
9,224
7,161
7,942
894
35, 206
41, .548
I
270
568
2,420
940
1,300
8,710
95
400,061 354,301 353, 293 535,736 483, 505
3,958
4,860
4,429
4,885
4,245
53, 507 44, 061 41, 330 70, 926 71, 449
23,046
30, 326
18,983
18, 122 31,730
2.95
5C
2.94
68
3.01
66
2.89
65
3.00
14, 202
19,678
3,708
2,856
4,202
13, 648 16, 674
12, 781 17,130
2,984 I 2,980
2,797
2,540
4,121
5,098
20, 991
21,189
1,926
2,252
4,918
30, 678
26, 081
2.108
2,591
8.071
24, 808
24,149
2,134
3,016
15, 509
36,112
7,020
69,648
12,967
10,899
98, 791
13, 328
98, 85G
17,814
1,278
4,143
41,210
7,828
1,246
3,864
1,409
4,094
1,533
5,035
1, 359
4, 326
1,312
4, 479
1,353
4,438
82, 653
53,923
21,402
57, 394
16,966
86,328
56,245
22, 630
59,321
18, 529
85, 330
56, 732
21,213
59, 741
17,386
86,111
56,055
22,314
60, 685
17, 367
86, 783
57,167
21, 895
59,498
17, 291
85,364
56, 329
21, 271
57, 649
17, 746
88, 909
57. 594
23, 459
59. 582
19,165
88,754
57,667
23, 298
59,543
18,818
14,350
14,446
14, 512
14,568
14, 621
14,770
14, 839
14, 921
15,004
9,568
7,440
7,959
1,219
9,375
7,198
7,682
1,306
9,830
7,545
7,989
1,452
9,096
6,882
7,708
1,002
10,245
7,951
8,475
1,377
9,223
7,120
8,050
744
8, 978
6, 851
7,793
760
10.046
7, 757
8, 288
1, 326
9,996
7,742
8,156
1,407
° Revised. # Includes tonnage in both upper and lower Mississippi River. Revisedfiguresprior to December 1934 will be shown in subsequent issue.
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. For
revisions of data for clearances of vessels in foreign trade, see p. 36 of the September 1934 issue. For revisions on Panama Canal from August 1914 to June 1935, see p. 19
of the September 1935 issue.
* New series. Data on airplane travel covers scheduled air lines operating in United States. For data on passengers carried for period of 1926 to 1933 and passenger-miles
flown from 1930 to 1933, see p. 20 of the February 1934 issue. For data on milesflownand express carried from 1926 through 1933, see p. 19 of the January 1935 issue. New
series on telephones as compiled by Federal Communications Commission. Data supersede those published in previous issues of the Survey which covered all carriers
having annual operating revenues in excess of $250,000; present series for 1934 and 1935 are for 57 carriers representing about 95 percent of all carriers according to the 1932
census, based on revenues for all companies. Beginning January 1936, data are for 62 carriers representing about 95 percent. Revised data for 62 companies for 1935 are
as follows: Total operating revenues, January $81,778,000, February $78,142,000, March $81,514,000; station revenues, January $54,859,000, February $53,021,000, March
$54,312,000; message tolls, January $19,862,000, February $18,005,000, March $20,131,000; operating expenses, January $58,003,000, February $55,595,000, March $57,478,000;
net operating income, January $15,467,000, February $14,316,000, March $15,882,000; stations in service, end of month, January 14,246.000, February 14,285,000, March 14,334,000.
• Thisfigurecovers room revenue only.
If Data for June, August, November 1935 and February and May 1936 are for 5 weeks; other months, 4 weeks.
39
SURVEY OF CURRENT BUSINESS
July 1936
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
1936
May
1936
1935
May
June
July
Decem- January
August SeptemOctober November
ber
ber
February
March
April
CHEMICALS AND ALLIED PRODUCTS
CHEMICALS
Alcohol:
Denatured:
Consumption (disposed of)
6,838
5,773
thous. of wine gal—
7,213
5,536
8,359
5,864
7,577
Production
thous. of wine gal—
5,651
8,192
8,580
1,750
Stocks, end of month_thous. of wine gal—
2,517
1,793
2,959
2,750
Ethyl:
Production.
thous. of proof gal.- 14, 537 15, 791 14,611
16, 704 16, 646
Stocks, warehoused, end of month
thous. of proof gal._ 20, 425 22, 213 24, 468 26, 055 25, 852
Withdrawn for denaturing
thous. of proof g a l - 12, 988
9,921
9,398 14, 046 14, 632
1,591
Tax paid*
thous. of proof gal—
1,989
1,771
1,676
1,642
Methanol:
Exports, refined
gallons.. 40, 897 33,621
66, 077 55,125 36,422
Price, refined, wholesale, N. Y.
.38
dol. per gal—
.38
Production:
Crude (wood distilled)*!A
gallons.. 427, 079 452,322 385,472 379,309 403,020
Synthetic
gallons.. 1,754,998 1.203,143 1,198,186 1,278,505 1,389,812
Explosives:
22,189 23,957
Shipments!
thous. of lb._ 30, 394 22, 659
22,193
Sulphur and sulphuric acid:
Sulphur, production (quarterly) •
long tons..
271,452
Sulphuric acid (104 plants):
Consumed in production of
94,980 99,673
fertilizer
short tons..
87,944
75,690
Price, wholesale, 66°, at works
15.50
15.50
15.50
dol. per short ton..
15.50
15.50
111, 102 99,176 110,249 123,209
Production
short tons..
Purchases:
11,610
From fertilizer mfrs
short tons..
16,830 27, 714 35, 573
10,632
From others
short tons..
13,186 20,862 23,334
Shipments:
24,684 28,516
To fertilizer mfrs
short tons..
18,473 25.381
To others
short tons..
29,714 34.382 40,739 48,404
10,064
10, 211
3,148
17,947
17,160
2,351
10,816
10, 297
1,836
7,950
7,736
1,632
6,143
6,207
1,739
5,954
5,939
1,718
5,548
5, 598
1,720
19,607
23,988
19, 729
17,190
13,179
12, 747
13, 899
25, 501
16,954
16, 688
18,461
19,386
20,315
21, 894
17,660
1,911
29,193
2,445
17, 509
2,223
12,921
1,903
10,433
1,840
9,860
1,649
9,367
51,490
102, 296
39, 230
63, 733 105,895
40,843
5,901
5,953
1,777
2,054
11,948
21, 224
9,974
2,441
41,915
73, 349
.38
.38
.38
.38
.38
.38
426,313
405,034 454,233 478,474 478,331 494,081 494,144 476, 496
1,539,554 2,508,978 2,373,475 1,654,794 1,418,863 1,540,171 1,631,832 1, 692,921
27,940
29,498
26,876
352, 690
25,509
28,492
28,825
374, 276
25, 514
27, 483
389, 608
101,708
15.50
130,260
131,441
125,496
132,508
125,730
117,864
106, 785
81,921
15.50
149,729
15.50
153,792
15.50
172,823
15.50
156,878
15.50
152. 860
15. 50
141,339
15.50
119,565
35,742
12, 111
17, 540
30,185
22,402
24,932
22,193
13, 352
15,111
15, 722
15, 988
10, 721
12, 273
30,888
46, 717
28, 031
50,802
35,134
18,946
29, 525
45,478
38,363
51,116
35,007
47,163
20,921
37,170
22, 307
54, 306
13, 258
55, 451
545
95
124
86
44
341
151
153,316 208,797 161,955 153,467 137, 754 164,458 149,917
17, 723 34,025 36,326
39, 752 28,507 34,219 36,216
110,633 172,425 115,797 104,520 114,438 112,802 105,420
276
186
62
1,233
2,181
235
1,306
51,317 71,956 155,686 143,580 149,473 218,892
34,800
50,970 75,301
89, 538 165,555
20, 640 32, 794 39,951
9,961
10, 641 22,256 38,528 32,642 92,739
2,742
6,332
8,075
4,299
1,206
4,166
4,104
1,248
21,704 70, 791 56,899 53,097 43,885
10, 797 12,074
1,402
178, 789
31, 552
133,762
139
173, 708
134, 406
62,115
4,252
31, 749
1,023
117, 628
17,515
91,481
301
189, 085
149,968
100,982
3,368
28, 553
FERTILIZER
Consumption, Southern States^
thous. of short tons..
Exports, totalf
long tons..
Nitrogenousf
long tons—
Phosphate materials!
long tons..
Prepared fertilizers
___long tons..
Imports, total!#
long tons..
Nitrogenous!
long tons..
Nitrate of soda!
long tons..
Phosphates!
_
long tons..
Potash!
long tons..
Price, nitrate of soda, 95 percent, N. Y.
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 3 ports.
bbl. (500 lb.)_.
Stocks, 3 ports, end of month. bbl. (500 lb)..
Rosin, wood:
Production
_
bbl. (500 lb.)..
Stocks, end of month
bbl. (500 lb.)..
Turpentine, gum:
Price, wholesale, N. Y
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.)..
249
144,811
19, 767
116, 448
85
140, 334
107, 828
69, 733
7,348
8,677
237
157,462
21,116
126, 226
245
193, 512
102,475
75,872
4,309
76, 743
1.325
1.275
17
63,402 102,467
5,244
15,319
50,637
77,054
179
421
69, 787 43,174
37,141 20,899
2,200
16,918
1,350
5,608
19,909
23,436
1.275
1.275
168,384 167, 095 205,105
79, 704 24,973
19,396
831, 536 870,835 914,169
368, 304 378,395
4.50
4.65
82, 736 97,354
144, 258 258,255
360,889
373,417
1.285
1.325
1.325
221,772 226,317 281,892 288,307 320, 800 298,073 259,374
16,422 82, 059 87, 313 29,178 28,438 33,163 54, 687
979,038 1,013,399 1,102,407 1,199,542 1,217,767 1,190,315 1,137,700
257, 728
238, 498
953,739
216, 558
219, 340
742,105
354, 433
346, 676
374, 585
4.68
4.91
5.61
5.50
5.18
88,784 93,917 95,860 75, 552 41, 226 23, 348
222,
638
271,
749
315,021
310, 697 306, 658 334, 226
4.45
32, 002
156,291
4.51
58, 894
144, 782
1.275
1.275
354, 389 335,318
4.64
110,998
272,312
4.85
124,401
311,355
4.83
120,950
324,539
53, 640
93,152
47,867
95,829
47,293
91,477
47, 651
89,015
48, 063
86, 730
.38
23, 470
99, 562
.52
24,366
85,846
.50
32,128
103,831
.48
35,293
122,631
.46
31,136
131,960
8,636
9, 275
7,004
4,588
6,787
3,278
7,261
2,997
7,324
2,910
1.275
323,125
1.275
336,178
43, 719
76,311
47, 214
72,861
.45
.48
18, 798 20,646
131,273 134,539
.49
20,101
142,625
47, 388
86,485
7,550
2,937
6,910
3,023
7,474
4,001
1.275
1.275
303, 625 343,038
52,156
80, 278
52, 693
83, 021
51,326
83, 346
54. 209
87, 257
.47
.48
3,808
13, 350
145,216 135,959
.47
1,442
125, 285
.42
4,800
114,789
.40
15,157
99, 320
9,042
8,553
8,740
11,582
8, 580
10, 733
8,662
10,610
43,894
72, 901
7,355
5,531
OILS, FATS, AND BYPRODUCTS
Animal fats and byproducts and fish oils
(quarterly):
Animal fats: !
176,605
Consumption, factory
.thous. of lb—
210, 541
203,048
212, 053
Production
thous. of lb—
319, 916
384,461
275,430
306, 659
364, 010
Stock, end of quarter
thous. of lb—
391,123
361,160
386,852
Gelatin, edible:
5,597
Production
..thous. of l b . .
5,323
5,052
2,853
Stocks, end of quarter
thous. of lb—
8.590
6,841
8,526
Greases: !
52,121
Consumption, factory
thous. oflb._
46,813
45, 324
51,146
Production
thous. of lb_.
68,942
71, 680
64,399
64,916
Stocks, end of quarter
thous. of lb—
63,645
68, 243
66,856
63, 732
Lard compounds and substitutes: !
Production
thous. of lb._
469, 674
333,200
457,595
293,425
Stocks, end of quarter
thous. of l b . .
39,890
36,797
32,575
29,747
* New series. For earlier data see p. 20 of the April 1935 issue (alcohol withdrawn tax paid), p. 20 of the April 1933 issue (crude methanol). This series for production
revised for 1934 and 1935. Revisions not shown above will be published in a subsequent issue.
! Revised series, see p. 36 of the June 1933 issue, for 1932 revisions, exports and imports of fertilizer; for 1933 revisions on exports see p. 29 of the September 1934 issue;
for 1934 revisions see p. 19 of the December 1935 issue; for revised data for crude methanol production for 1933, see p. 36 of the May 1934 issue. Quarterly data on fats and oils
for the years 1932 and 1933 were shown on p. 19 of the March 1935 issue; for 1934 on p. 19 of the November 1935 issue. For revised series on explosives for period January
1920-October 1933 see p. 19 of the January 1934 issue.
A The refined equivalent of crude production is approximately 82 percent.
• Texas only. Louisiana produced 23 percent of the United States production in 1933, 16 percent in 1934, and 23 percent in 1935.
1 Figures since January 1922 revised due to dropping of Missouri from Southern States classification. See p. 19 of the January 1934 issue.
#See footnote on p. 37 of this issue. Monthly revisions for 1933 are shown on p. 20 of the October 1934 issue: for 1934 revisions see p. 20 of the December 193^ issue.
40
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
1936
May
July 1936
1935
May
June
j July
August
1936
Se
m
P £ ' | October
N
°bveerm-
De c e ra
b e r
FebruJanuary ary
March Apr;
CHEMICALS AND ALLIED PRODUCTS—Continued
OILS, FATS, AND BYPEODUCTS—Con.
Animal fats and byproducts and fish oils—
Continued.
Fish oils (quarterly) : |
Consumption, factory
thous. of Reproduction
thous. of lb-_
Stocks, end of quarter.
thous. of lb_.
Vegetable oils and products:
Vegetable oils, total:
Consumption, factory (quarterly) t
thous. of lb__
Exports
thous. of lb._
Importsf#_
thous. of lb._
Production (quarterly)f
thous. of lb_.
Stocks, end of quarter :f
Crude.
thous. of lb..
Refined
thous. of lb._
Copra and coconut oils:
Copra:
Consumption, factory (quarterly)
short tons..
Imports^
short tons_.
Stocks, end of quarter
short tons..
Coconut or copra oil:
Consumption, factory:
Crude (quarterly)!
thous. of lb._
Refined, total (quarterly) t
thous. of lb._
In oleomargarine
thous. of lb._
Imports#
thous. of l b . .
Production (quarterly):
Crude
thous. of lb__
Refined
_
thous. of 1b
Stocks, end of quarter:!
Crude
thous. of lb._
Refined
thous. of lb._
Cottonseed and products:
Cottonseed:!
Consumption (crush)
short tons..
Receipts at mills
short tons..
Stock at mills, end of month
short tons..
Cottonseed cake and meal:
Exportsf
short tons..
Production
short tons..
Stocks at mills, end of month
short tons..
Cottonseed oil, crude:f
Production
thous. of lb._
Stocks, end of month
thous. of lb__
Cottonseed oil, refined:
Consumption, factory (quarterly) t
thous. of lb_.
In oleomargarine
thous. of lb._
Price, summer yellow, prime, N. Y.
dol. per lb._
Production!.__
.thous. of lb__
Stocks, end of month
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:f
Consumption, quarterly
thous. of bu_.
Stocks, end of quarter_thous. of bu._
Price No. 1, Minneapolis.dol. per bu._
Production, crop estimate
thous. of bu._
Stocks, Argentina, end of month
thous. of bu._
Linseed cake and meal:
Exports
thous. of lb._
Shipments from Minneapolis
thous. of lb__
Linseed oil:
Consumption, factory (quarterly)!
thous. of lb._
Price, wholesale, N. Y
dol. per lb_.
Production (quarterly)!-.thous. of lb..
Shipments from Minn
thous. of lb..
Stocks at factory, end of quarter
thous. of lb
Oleomargarine:
Consumption (tax-paid withdrawals)
thous. of lb_.
Price, standard, uncolored, Chicago
dol. per lb_.
Production
thous. of lb._
Vegetable shortenings:*^
Price, tierces, Chicago
dol. per lb__
63,346
67,249
187,916
59,139
9,143
172,371
557
87, 928
632
96,622
628,186
251
121, 023
357,167
95,895
696
89,492
9,979
32, 569
11,990
13,804
27,849
35,733
6,858
24,605
237
87,810
338
79,966
26,138
10,330
48, 424
19, 535
29, 565
,004,980
329
114,354
950,784
27,433
32,019
66,737
22, 873
40, 039
128,036
130,395
135,073
86,811
11,472
39,040
101,105
16,771
25,965
105,252
15,024
45,122
10,326
22,929
13,056
29, 770
526
94, 611
181
77,068
16, 372
31,055
15, 275
21,985
854.835
648
82,003
707,370
473
107,837
743,420
593,446
632, 757
477,563
536,998
355,800
507,571
602,217
11,908
609, 071
383
92,174
456,913
65,874
45,364
205,121
67,328
117,078
212,667
13,297
24,511
56,394
14, 976
31,902
1
16, 971
137,153
17, 946
23, 507
27,108
37,972
99,594
13, 289
22, 532
44, 502
83,017
61, 569
91,345
84,509
93,006
69,894
87,262
112, 507
26,036
109,836
23,560
127,904
23,992
129,419
17,973
12, 334
40, 336
634,326
693,101
518,673
481,299
849,430
456, 656 350,614 252,065 I 133,666
244,044 85, 646 80, 564 31, 670
371,850
200, 349
98, 353
2,418
336,139
1,403
287,362
1,382
231,337
189
2,567
207, 346 163,342
781
114, 649
63, 599
196, 095
253, 294
312,279
355,432
358, 752 322,211
285, 958 202, 429
43,660
27,638
127,816
74,537
225,168
110, 557
193,025
119, 314
154, 286
131,843
135, 623 107,792
128,018 126,446
81,055
113,413
43,137
85, 206
6,403
360,590
6,714
6,610
8,549
361,863
9,120
10, 700
241,169
8,178
"~8~347
.096
26, 066
444,833
38,935
178,358
.102
73,430
287,347
.104
161,333
289,326
.103
176,261
343, 550
.107
139,381
401,284
.101
.097
126,945 114,079
453, 990 489,195
.094
84,935
504,033
.094
65,190
487, 536
1,738
2,240
1,129
1,322
930
1,254
1,690
1,414
1,496
1,037
319
70
344
205
117
248
985
81
344
4,009
389
2,040
3,148
1,299
3,326
952
1,266
2,597
415
298
2,153
229
142
1,928
119
1,640
224
131
1,246
172
95
791
1.77
6,104
1,464
1.65
1.59
5,998
3,005
1.68
1.79
8,264
4,270
1.83
1.87
1.84
7,094
2,434
1.76
6,693
7,087
6,299
5,315
2,322
4,331
3,543
2,559
1,969
3,150
4,331
27,117
33, 201
53,605
39,368
41, 787
35,356
37,430
40,983
59,293
39, 399
36, 225
5,315
42,379
6, 299
33, 233
15, 649
4,776
4,485
7,544
12,506
21,527
22, 647
19,509
22,245
21, 782
15,244
21,748
23,715
.094
.096
.093
.087
" 13," 808
~o\Il8
82,888
.096
116,946
6,045
70, 992
23,982
102,266
22,435
68,175
24,467
65, 302
30,868
145,115
203,442
436,027 741,295
760,691 1,096,758
51, 343
169,047
125,339
89,575
149,446
472, 566
828,029
38
36,009
49
46, 959
223
30,313
20
29,132
80
65,380
1,420
194,282
166, 272
242,204
223,893
198,367
178,358
24,743
62, 602
33,194
47,589
22,617
38,036
20,772
28, 263
7,361
7,819
256,192
6,425
5,819
.088
41,006
460, 727
.105
52,011
540,884
.101
37,063
513,358
1,244
1,360
270
160
535
214
179
397
1.69
636,818
8,626
/14,931
"4,"797"
"I'm
73,812
.089
116,667
10, 235
""097
"137320
75,404
.101
156,569
~~6,~854"
4,069
""."097"
187,466
146,532
106,332
104,995
65,574
.098 """"."095
132,137
"87605' "7," 853' 10, 200
9,372
""".'161' ""."166"
26,941
27,785
26,766
17,846
26,193
32,440
32, 430
35,501
32,831
37, 388
37,851
32, 368
32, 464
.130
25,580
.140
30,446
.140
25, 222
.135
21,469
.130
25,793
.230
31,855
.142
32,261
.145
33,962
.145
33,506
.145
36, 558
.145
38,835
.145
33, 794
.143
32, 302
.109
.128
.129
.124
.130
.130
.128
.128
.125
.122
.118
.117
.117
"Revised.
/ December 1 estimate.
•For earlier data on vegetable shortening price, see p. 18 of the January 1934 issue.
!Revised series: Monthly data on cottonseed and cottonseed products for the year ended July 1932 were shown on p. 20 of the February 1933 issue; revisions for each
month of 1933 were shown when monthly data for 1934 became available; revisions for year 1934 were shown on p. 38 of the November 1934 issue and for year ended July 1935
on p. 20 of the November 1935 issue. For exports of cottonseed cake and meal for the year 1932, see p. 37 of the June 1933 issue. Data revised for 1933, see p. 19 of the September
1934 issue; for 1934 revisions, see p. 19 of the December 1935 issue. For revised data on imports of vegetable oils for 1932, see p. 17 of the June 1933 issue; for 1933, p. 20, of the
October 1934 issue; and for 1934, p. 20, of the December 1935 issue. Quarterly data on fats and oils for the years 1932 and 1933 were shown on p. 19 of the March 1935 issue;
for 1934 on p. 19 of the November 1935 issue.
#See footnote on p. 37 of the October 1934 issue. Data revised for 1933; see p. 20 of the October 1934 issue; for 1934 revisions, see p. 20 of the December 1935 issue.
•This series prior to September 1935 was listed as "Lard Compound."
41
SURVEY OF CURRENT BUSINESS
July 1936
1935
1936
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
May
June
July
1936
DecemAugust SeptemOctober November
ber
ber
Janu»
ary
February
March
23,914
16,355
° 8,188
« 8,167
7,559
' 20,247
1
14,363
• 7,162
• 7,201
5,884
« 29, 973
«20, 728
« 9,282
• 11,446
9,245
36,377
25,199
11,021
14,178
11,177
199,183 °293, 756
27,734 « 44, 520
76,971 134,803
348,953
47,407
147,160
April
CHEMICALS AND ALLIED PRODUCTS—Continued
PAINTS
Paints, varnish, lacquer, and filler products:!
Total sales
thous. of doLClassified
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.. 361,356
Plastic paints
dollars.. 51,758
Cold-water paints
dollars.. 175,088
28,975
19,675
8,338
11,336
9,300
28,502
19, 214
7,777
11,438
9,287
28,536
19,039
7,985
11,054
9,497
32,853
22,132
9,519
12,613
10, 721
25,427
17,856
15,745
11,726
32,326
22,118
8,503
13,615
10, 207
8,870
7,571
20,039
14,271
7,561
6,710
5,768
376, 644
35,563
128,461
303, 229
28,668
102,892
263, 256
29,039
103,161
266.689
29, 261
107,877
274,829
27,463
102,379
264,306
34,414
105,306
212,871
31,760
77,784
205, 543
21,468
72,918
280,896
31, 292
89, 730
36,160
24, 434
CELLULOSE PLASTIC PRODUCTS
Nitro-cellulose:*
Sheets, rods, and tubes:
Production
Shipments
Cellulose-acetate:*
Sheets, rods, and tubes:
Production
Shipments
thous. of lb_.
thous. of lb._
1,345
1,288
1,292
1,246
1,009
1,017
1,026
1,024
1,285
1,294
1,551
1,435
1,660
1,598
1,298
1,420
1,469
1,398
1,230
1,252
1,322
1,148
1,224
1,239
1,388
1, 319
thous. of lb_.
thous. of lb..
980
921
718
649
317
293
595
578
882
884
1,299
1,239
1.265
1,114
948
859
934
597
546
785
525
1,221
1,097
21,831
6,324
21,454
7,252
20,215
7,376
20,666
7,730
20,419
7,376
24,716
6,962
16,851
7,577
15, 780
8,935
17, 266
8,677
19,313
7,902
22, 528
7,999
23,713
7,086
2,882
586
991
1,304
2,213
494
739
2,321
576
635
1,110
2,768
667
815
1,286
3,102
834
766
1,501
3,180
850
869
1,461
1,952
498
482
972
1,186
270
308
607
1,668
366
341
961
3,139
660
565
1,914
• 2,451
566
681
• 1, 205
2,744
634
887
1,223
ROOFING
Dry roofing felt:
Production
short tons.. 22, 391
Stocks, end of month
short tons..
8,630
Prepared roofing shipments :^
Total
thous. squares..
Grit roll
thous. squares..
Shingles (all types)
thous. squares..
Smooth roll
thous. squares. _
ELECTRIC POWER AND GAS
ELECTRIC POWER
|
Production, totalf
mills, of kw.-hr__
By source:
Fuelsf
mills, of kw.-hr..{
Water powerf
mills, of kw.-hr..|
By type of producer:
Central stationsf
mills, of kw.-hr_.
Street railways, manufacturing plants,
etc
mills, of kw.-hr..
Sales of electrical energy:
Sales to ultimate consumers, total (Edison
Elec. Inst.)
mills, of kw.-hr..
Domestic service
mills, of kw.-hr..
Commercial—retail
mills, of kw.-hr..
Commercial—wholesale-mills, of kw.-hr..
Municipal street lighting
mills, of kw.-hr..
Railroads:
Electrified steam
mills, of kw.-hr..
Street and interurban.mills. of kw.-hr..
Revenues from ultimate consumers (Edison
Elec. Inst.)
thous. of dol.
9,085
8,022
7,875
8,373
8,576
8,206
8,847
9,139
9,246
8,599
•8,904
5,159
3,927
4,301
3,721
4,425
3,450
4,781
3,592
5,246
3,330
5,182
3,024
5,975
2,872
5,432
3,258
5,850
3,288
5,881
3,365
5,681
2,918
•5,114
3,790
8,604
7,557
7,419
7,846
8,078
7,731
8,361
8,209
8,588
8,747
8,118
481
465
456
527
498
475
481
551
499
481
481
475
6,145
1,060
1,099
3,346
6,147
1,059
1,095
3,396
6,265
1,052
1,128
3,468
6,614
1,073
1,177
3,734
6,635
1,135
1,192
3,676
6,823
1,186
1,220
3,726
6,927
1,289
1,293
3,624
7,029
1,368
1,361
3,493
7,278
1,466
1,403
3,567
6,999
1,340
1,324
3,514
6,913
1,254
1,256
3,649
7,069
1,223
1,281
3,842
175
152
170
180
189
207
217
227
234
219
209
193
66
354
65
331
67
329
67
67
328
73
360
86
439
100
446
96
435
83
394
86
375
153,203
151,437
151,215
156,038
159,073
162,789
79
368
169,339
173,459
179,141
171,220
9,936
9,369
120
435
30,304
19,166
3,027
9,949
9,389
115
434
28,897
19, 764
1,271
9,948
9,394
106
436
25,723
17, 601
550
9,956
9,407
104
433
24,479
16, 673
387
10,023
9,473
106
435
27,492
19,189
550
10,033
9,467
121
434
29,897
20,008
1,571
9,994
9,421
128
437
30,164
18,543
3,223
10,005
9,425
131
439
33,480
18,679
5,716
9,960
9,333
133
485
35,960
19,922
6,669
9,972
9,346
135
481
36,611
20,146
7,053
-4,884
•4,014
•8,423
165, 650 165, 703
GAS
Manufactured gas:*f
Customers, total
thousands..
Domestic
thousandsHouse heating. _
thousands..
Industrial and commercial..thousands..
Sales to consumers
millions of cu. ft__
Domestic.
millions of cu. ft..
House heating
millions of cu. ft..
Industrial and commercial
millions of cu. ft..
Revenue from sales to consumers
thous. of doL.
Domestic
thous. of doL.
House heating
thous. of dol..
Industrial and commercial.thous. of dol__
Natural gas:*t
Customers, total
thousands..
Domesticthousands..
Industrial and commercial..thousands..
Sales to consumers
millions of cu. ft..
Domestic.
millions of cu. ft..
Industrial and commercial
millions of cu. ft..
Revenues from sales to consumers
thous. of dol_.
Domestic
thous. of dol..
Industrial and commercial.thous. of doL.
9,973
9,343
129
487
34,129
19,219
5,282
10,011
9,378
132
488
33,018
18,781
4,223
7,944
7,720
7,396
7,288
7,600
8,134
8,206
8,861
9,143
9,190
9,422
9,827
31,834
24, 275
1, 695
5,736
31,189
24,669
894
5,524
28.313
22,575
419
5,216
27,137
21,539
313
5,175
30,140
24,140
475
5,415
31,753
24, 697
1,150
5,782
31,308
23,416
1,849
5,912
33,013
23,336
3,291
6,244
34,555
23,800
4,113
6,495
34,653
23,322
4,612
6,571
32,887
22, 742
3,514
6,490
32,093
22,885
2,585
6,476
5,845
5,403
441
82,843
24,608
5,836
5,409
425
74,116
19,149
5,820
5,404
415
68,272
14,083
5,835
5,427
407
71,519
12,519
5,880
5,468
411
75,325
14,135
5,947
5,510
435
85,028
18,556
6,039
6,018
5,563
5,552
474
464
99, 714 113,418
26, 726 36,325
5,987
5,515
470
123, 778
43,715
6,004
5,532
469
136,242
50,131
6,033
5,559
472
113,823
38,942
6,027
5,560
465
106,193
31,859
57,168
53,761
53.314
58, 049
60, 273
65,252
71, 691
75,680
78,980
84,673
73,442
72,770
28,355
17,028
11,159
24,395
14,056
10,178
21,095
11,192
9,760
20,776
10, 316
10,321
22,120
11,262
10,718
25,805
13,677
11,958
32,099
18,316
13, 591
38,825
23, 635
14,981
44,312
27,964
16,178
48,116
30,581
17,296
39, 732
24, 667
14,846
35,475
21,034
14,219
• Revised.
• New series. For earlier data see p. 19 of the May 1935 issue, manufactured and natural gas. Series on cellulose products prior to January 1933 not available.
1 Revised series. Data revised beginning with January 1932; see p. 39 of the April 1935 issue. Revisions for period January 1932 to January 1934, inclusive, will
be shown in a subsequent issue.
t For revised data for electric-power production for 1932 see pp. 38 and 56 of the May 1933 issue; for 1933 see p. 38 of the May 1934 issue; 1934 and 1935 data also revised.
Revisions not shown in the June 1935 issue and in the May 1936 issue will appear in a subsequent number. Manufactured and natural-gas statistics for the years 1929-35
have been revised. Revised data on manufactured gas are shown on p. 20 of the June 1936 issue. Data for the natural gas series superseded by current statistics appeared
on p. 20 of the May 1935 issue and in monthly numbers through May 1936. Revisions back to 1929 will appear in a subsequent issue.
§ For revised data on paint, varnish and lacquer products for the years on "total" for 1928-35 and "unclassified" for years 1932-35 see p. 20 of the November 1935 issue.
42
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
1936
May
July 1936
1935
May
June
July
August Septem
ber
1936
Decem- January
October November
ber
February
March
2,685
2,932
6,802
3,738
4,433
7,333
3,887
4,970
8,208
6,019
6,173
6,203
5,421
5,531
5,687
21, 910 19,804 22, 691
20, 340 18,838 21,612
230,425 242,830 258, 221
221, 602 233,797 248, 946
6,177
5,390
23, 251
21,917
273, 798
264, 389
April
FOODSTUFFS AND TOBACCO
BEVERAGES
Fermented malt liquors:*
Consumption (tax-paid withdrawals)
5,041
5,465
3,931
4,341
5,332
3,790
4,006
thous. of bbl._
5,418
5,335
5,107
4,521
3,868
3,735
3,221
4,576
Productlon.thous. of bbl._
6,924
8,409
7,341
6,496
6,204
7,736
«7,766
Stocks, end of month
thous. of bbl._
Distilled spirits:*
Consumption (tax-paid withdrawals) t*
4,265
5,666
7,020
7,807
9,045
4,675
4,535
5,301
thous. of proof gal..
3,486
6,372
7,076
4,014
4,760
3,758
8,237
4,613
Whisky
__thous. of proof gal..
15,610
16,238
23,002
14,089
25,000
16, 701 15,144
Production, total
thous. of proof gal.. 23,373
14, 557 13,067
13,989
14,280
16,549
18,301
15,679
Whisky
thous. of proof gal.. 22,158
Stocks, end of month..thous. of proof gal._ 290, 739 150, 477 160, 755 171,094 180, 268 187, 729 195, 796 205,382
163,202
180,066
172,
363
188,423
197,788
Whisky
thous. of proof gaL. 281, 208 142,639 152,807
Rectified spirits:
Alcohol, ethyl, withdrawn tax paid (see p.
38):
Consumption (tax-paid withdrawals) *
2,614
2,969
1,451
1,271
2,019
1,345
thous. of proof gal..
2,044
3,104
3,219
6,205
8,219
7,315
24,412
19,910
215,518
207,154
2,679
3,335
6,640
2,998
2,304
136,491
127,217
2,028
2,335
* 2, 367
123, 556 124, 574
133,162
.35
.34
.32
.37
104,426 107,831 108,096 121,157
35, 734 42, 257 41, 211 45,829
.31
132,194
48, 379
DAIRY PRODUCTS
Butter:
Consumption, apparent*!
thous. of lb._
Price, N. Y., wholesale (92-score)
dol. per lb_.
Production (factory)f
thous. of lb._
Receipts, 5 markets
-thous. oflb..
Stocks, cold storage, creamery, end of
month
thous. of lb_.
Cheese:
Consumption, apparent!
thous. of lb._
Imports#
.thous. of lb_.
Price, no. 1 Amer. N. Y
_.dol. per Reproduction (factory)!
thous. of lb._
American whole milkf
thous. of lb._
Receipts, 5 markets
thous. oflb..
Stocks, cold storage, end of month t
thous. of lb_.
American whole milk!
thous. oflb_.
Milk:
Condensed and evaporated:
Production:!
Condensed (sweetened).-thous. of lb_.
Evaporated (unsweetened) §
thous. of lb._
Exports:
Condensed (sweetened).-thous. of lb_.
Evaporated (unsweetened)
thous. of lb__
Prices, wholesale, N. Y.:
Condensed (sweetened).dol. per case..
Evaporated (unsweetened)
dol. per case..
Stocks, manufacturers, end of month:
Condensed (sweetened):
Bulk goods
thous. of lb__
Case goods.
thous. of lb._
Evaporated (unsweetened):
Case goods
thous. of lb_.
Fluid milk:
Consumption in oleomargarine
thous. of lb._
Production, Minn, and St. Paul
thous. of lb._
Receipts:
Boston, inch cream
thous. of qt_.
Greater New York*
thous. of qt_.
Powdered milk:
Exports
thous. of lb_.
Orders, net, new
thous. of lb__
Stocks, mfrs. end of mo
thous. of lb._
160,248 '155,017
138,811
133,372
.27
.27
176,189 179,811
56, 537 58,860
.24
200,733
72,844
.24
.25
186, 562 157,839
72,036
53,000
141,141
48, 294
119,602
42,149
150,704
149, 397 148,227
.26
143,320
.32
94,838
33,096
96,392
149,628
156,855
148,822
120,210
71,948
40,117
21, 502
8,217
5,346
4,997
61,215
65,367
3,735
3,152
.16
.15
65.339 "59,886
48, 320 ° 45,196
14, 206 11,803
56, 641
3,836
.15
70, 659
55,607
14,645
52,153
2,832
.15
68,760
54,293
18, 480
53,889
3,647
.16
61, 513
51,493
16,687
53, 989
3,632
.17
59,491
47,448
16,384
62. 476
6,015
.17
53, 315
41,157
16,836
52, 304
5,880
.18
39,464
27, 598
15,423
47,085
3,022
.19
38, 782
26,912
11,488
56,180
3,240
.18
43,841
29,730
10,416
54,820
3,794
.17
39,809
26,139
13,339
56, 559
5,693
.17
45, 317
29, 733
15,164
58, 961
4,217
.15
48, 816
34, 656
13, 398
56,767
48,320
75, 291
64, 395
94, 679 105,851
82, 397 92,767
114, 953 111,731
102, 661 100,670
104,661
92, 912
99,572
86, 537
90,890
78,197
79,556
68,363
73,952
62, 261
33,619
23, 334
16,856
21,405
19,833
21,254
23, 328
22,140
118, 301 112, 704 144, 222
181, 552
21,075
70, 804
56, 957
28, 864 * 25, 538
248, 258
232,909
21,689
269, 344 209, 278 161,929
18,918
17,581
138, 202 105, 325
87, 766 102,872
° 67, 776
55, 756
a
262
89
265
319
242
235
275
332
474
147
257
229
246
2,138
3,441
2,432
1,581
1,582
2,383
2,108
2,646
2,585
1,810
2,719
2,463
1,765
4.85
4.85
4.85
4.85
4.85
4.85
4.85
4.85
4.85
4.85
4.85
4.85
4.85
3.15
3.00
3.00
2.80
2.80
2.80
2.80
2.90
3.12
3.15
3.15
3.15
3.15
13, 059 13,956
9,571
16, 511 18,159
12,284
179, 684 287, 204 339,978
11,648
18,460
8,333
17,349
5,497
14, 678
3,373
11,697
2,931
8,829
2,845
6,044
2,329
3,659
2,741
2,963
° 4, 588
3,741
358, 780 343,132
229,065
91, 250
72,916
66, 094
45, 375
42, 597
61,775
7,555
6,622
6,529
35, 548
36, 039
16, 210 16, 380 15, 308 15, 266
109, 377 111,875 104,459 115, 536
15, 694
110, 640
9,169
8,252
141,774
5,029
7,012
5,998
4,489
5,371
6,515
6,506
6,787
6,932
7,396
41,673
38, 702
39,899
32, 713
27,869
24, 773
23,075
22, 738
28,022
31, 578
18,131
111,529
17,535
110,417
19,614
110,573
18,431
107,630
228
13, 646
27,377
207
12,338
36,440
281
12, 989
38,504
243
16, 239
34,698
352
13, 598
21,126
16, 529 17, 768 17,160
107,265 109,639 105,925
282
14, 844
29, 702
252
13, 559
23,166
234
13,254
14, 580
219
12,654
10,121
305
10, 952
9,212
30,919
236
10, 720
8,485
12, 316
9,435
286
"14,778
°11, 225
FRUITS AND VEGETABLES
168,465
Production, crop estimate...thous. of bu__
6,283
4, 563
5,378
1,307
1,605
6,855 18,836
7,546
4,740
2,281
1,175
616
Shipments car lotf
carloads..
Stocks, cold storage, end of month
5,976
8,225
° 1,783
2,510 10, 276 11,018
360
thous. of bbL.
14, 628
6,800
14, 450 13,260 13,516
8,428
8,911
11,153
Citrus fruit, car-lot shipments!
carloads.. 13, 539 15, 574 12,114 11,466
2, 592
2,625
2,392
1,518
1,020
1,744
3,654
3,645
3,420
3,326
3,038
Onions, car-lot shipments!
.carloads..
3,858
Potatoes:
1.700
2.406
.906
1.790
1.656
.713
.706
.965
1.120
1.800
820
2.519
.806
Price, white, N. Y
...dol. per 1001b..
/ 356, 406
Production, crop estimate thous. of bu_.
9,097 12,362
11,356
16, 810 ~l9,~560"
21, 073 15,453
18,718
19, 491 13,854
388
18,386
Shipments, car lot!
carloads.. 17,140
° Revised.
§Bulk evaporated milk not included since December 1931.
/ Dec. 1 estimate.
•New series. Beverage figures are compiledby theU. S. Treasury, Alcohol Tax Unit. Monthly data on distilled spirits available beginning July 1933 and on fermented
malt liquors, April 1933. For earlier data for receipts of milk in Greater New York see p. 20 of the August 1934 issue. See p. 19 of the June 1933 issue for butter consumption.
Data on consumption of rectified spirits are as indicated by the sale of stamps. Data prior to April 1933 not published
#See footnote on p. 37 of this issue. Data for 1933 also revised, see p. 20 of the October 1934 issue. For 1934 revisions see p. 20 of the December 1935 issue.
!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 earler data on stocks (cold-storage holdings) of total and American
whole-milk cheese, p. 19, April 1933. For 1932 revised data on production of factory and American whole-milk cheese, 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 1932 and 1933 revisions on butter and cheese consumption
and 1933 revisions on production of butter, cheese, condensed and evaporated milk, see p. 19 of the March 1935 issue. For 1934 revisions on production of butter, cheese,
condensed and evaporated milk, and apparent consumption of butter and cheese see p. 19 of the November 1935 issue. For final revision for 1933, car-lot shipments of
apples, citrus fruits, onions, and potatoes, see p. 20, January 1935 issue, and for 1934 revisions see p. 20 of the November 1935 issue. Data on consumption of distilled spirits
revised to include brandy tax paid direct from fruit distilleries. For revisions see p. 39 of the March 1935 issue.
•Consumption of distilled spirits (withdrawn tax paid) plus brandy tax paid direct from fruit distillers plus ethyl alcohol withdrawn tax paid (see p. 39) equals
Bureau of Internal Revenue total of distilled spirits withdrawn tax paid.
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
43
SURVEY OF CURRENT BUSINESS
July 1936
1936
1935
May
August Septem
ber
May
June
July
1936
DecemOctober November
ber
January
February
March
April
FOODSTUFFS AND TOBACCO—Continued
GRAIN AND PRODUCTS
Exports, principal grains, includingflourand
mealf
thous. of bu.Barley:
Exports, including maltf
thous. of bu._
Price, no. 2, Minn.:
Straight*
dol. per bu..
Malting*
dol. per bu—
Production, crop estimate thous. of bu
Receipts, principal markets*-thous. of bu..
Visible supply, end of month*
thous. of bu._
Corn:
Exports, including mealf
thous. of bu..
Grindings
thous. of bu._
rrices, wnoiesaie.
No. 3, yellow (Kansas City)-dol. per bu—
No. 3, white (Chicago)
dol. per bu._
Production, crop estimate thous of bu
Receipts, principal markets—thous. of bu.Shipments, principal markets
thous. of bu..
Visible supply, end of month*
thous. of bu—
Oats:
Exports, including oatmealf-thous. of bu._
Price,no. 3, white (Chicago)..dol. per bu..
Production, crop estimate., thous. of bu..
Receipts, principal markets—thous. of bu_.
Visible supply, end of month*
thous. of bu.T>tna'
xvice.
2,530
1,607
1,594
1,999
2,003
3,449
2,777
2,601
2,481
2,144
1,683
2,156
806
79
67
549
581
1,953
1,138
872
1,240
823
359
573
323
.64
.67
.87
.94
.71
.82
.58
.65
.52
.59
.58
.69
.61
.65
.56
.62
.59
.66
/292,249
4,809
7,827
.67
.69
.66
.71
.66
.69
.68
.71
5,565
3,205
2,628
1,559
7,645
13,780
9,923
6,142
3,826
7,845
5,966
11,241
6,845
5,169
3,681
6,412
12,009
16,087
16, 571
15,474
15,124
13,443
12, 978
11,894
109
6,023
39
4,571
29
63
4,001
74
3,917
28
4,710
46
6,021
42
4,028
5,630
32
5,748
48
6,044
52
5,868
70
6,880
34
5.995
.62
.67
.92
.91
.89
.88
.87
.84
.84
.78
.82
.81
.85
.62
.64
.62
.87
.67
.62
.63
.58
.63
.64
16, 227
10,850
9,091
7,313
6,146
7,129
9,544
13,640
18,003
17, 497
11, 320
7,356
6,039
4,565
3,342
3,102
3,812
7,256
8,828
14, 466
8,133
7,494
7,750
8,508
6,511
12,041
8,860
7,317
6,821
3,932
2,481
4,884
7,685
6,802
5,008
7,955
8,673
81
.27
63
.44
303
.39
154
.36
70
.29
142
.30
105
.30
70
.30
80
.30
88
.28
62
.28
5,866
3,351
1,901
2,544
28,907
21,300
12,089
77
.29
(/)
/
1,195,435
6,201
4,489
5,652
4,450
8, 768
4,991
31,282
10,786
8,399
7,075
25,068
41,430
45,863
46,637
42,012
41,123
40, 213
37, 648
35, 493
329,712
6,897
55, 374
11,789
35,182
12,412
90,194
14,056
148, 651
21,932
342,068
19,769
90, 247
25,040
51,059
27, 839
29,792
73,986
6,986
79, 589
4,241
60, 932
.040
.040
.040
.040
.040
.040
.040
/ 38,452
.039
.039
.039
.040
9,823 288,072
Exportsf - . . - _ .pockets
lb_. 76,870
7,717
Imports#
pockets 100
100 lb_.
Price, wholesale, head, clean, New Orleans
.040
.042
dol, per lb—
Production, crop estimate thous of bu .
Southern States (La., Tex., Ark., and
Tenn.):
Receipts, rough rice, at mills
143
129
thous. of bbl. (1621b.)Shipments from mills (milled rice) total J
961
529
thous. of pockets (100 lb.)_.
Stocks, domestic, rough and cleaned (in
terms of cleaned rice) end of month
1,075
863
thous. of pockets (100 lb.)-Rye:
0
0
Exports, including flour thous. of bu_.
.54
.52
Price, no. 2, Minneapolis
dol. per bu—
• 33, 429
Production, crop estimate thous. of bu
1,680
2,297
Receipts, principal markets*.thous. of bu—
Visible supply, end of month*
9,198
6, 869
thous. of bu_.
Wheat:
Exports :f
1,426
1,534
Wheat, including flour thous. of bu_.
2
34
Wheat only
thous. of bu..
Prices, wholesale:
No. 1 Dark Northern Spring, Minn.*
1.16
1. 14
dol. per bu..
No. 2 Red Winter, St. Louis
.93
1.02
dol. per bu_.99
.95
No. 2 Hard Winter, K. C.dol. per bu__
Weighted average 6 markets, all grades
1.08
.90
dol. per bu—
Production, crop estimate, total
thous. of bu
Spring wheat
thous. of bu__
Winter wheat
thous. of bu— *481,870
Receipts
thous. of bu.. 11,103 ~"~8~ 298"
8,683
Shipments
_
thous. of bu._ 12, 970
380,760
Stocks, visible supply, world.thous. of bu
Canada
thous. of bu_. 160,107 199,926
31,607
United States*
thous. of bu._ 32, 073
Stocks, held by mills (quarterly)
thous. of bu
Wheat flour:
7,920
Consumption (computed) f-thous. of bbl
319
303
Exports
thous.of bbl-.
35, 567
Grinding of wheat
thous. of bu.. 35,379
T^i*ir>oa
e i11
l n
locolo"
A rlL-OOj vW
Ui.tJbct.1".
1,842
.61
.56
(/)
2,202,852
18,879
18, 729
{
0)
)
/
83
.29
}
82
14
272
930
2,402
1,796
657
845
483
232
161
529
270
331
591
1,224
882
538
1,019
1,070
979
788
632
0
.46
383
333
709
1,999
2,968
3,136
3,044
2,554
1,855
1,244
2
.48
0
.45
2
.47
0
.52
2
.49
1
.53
0
.57
0
.52
0
.50
298
286
2,212
2,461
2,754
1,991
0
.49
/ 57,936
1,169
1,061
763
1,324
970
8,559
6,907
7,060
8,367
9,088
9,660
9,022
8,412
7,642
7,555
7,176
1,195
8
1,231
66
1,278
8
1,324
14
1,489
14
1,602
30
1,132
34
1,202
13
1,192
28
1,425
30
1,423
16
1.05
L13
1.27
1.33
1.34
1.28
1.28
1.33
1.31
1.24
1.23
.86
.88
.87
.99
.92
1.04
1.03
1.15
1.10
1.19
1.05
1.13
1.06
1.11
1.09
1.13
1.09
1.10
1.08
1.06
1.07
1.02
.97
.97
.98
1.03
1.07
.98
1.00
1.07
1.07
.98
.95
27,883
14, 695
443,400
259,869
82,406
14,501
12,403
436, 690
257,424
80,371
/603,199
f169, 752
/"433,447
9,943
7,181
484,010
259,928
74, 730
9.277
7,964
468,910
243,631
68,010
5,474
6,782
427, 650
223,725
58,164
9,788
9, 289
380, 190
206, 823
49, 537
7,418
7,745
335, 340
189,250
41, 482
10,703
314
45, 664
10,373
335
38, 254
9,386
253
40,042
9,022
248
38,987
"16," 024" ~~28,~895~ "48,169" 42, 289
15, 595
11, 217
11,233
14,997
342,490 339, 480 359,920 418,130
194,779 192,419 186,114 219,903
78, 631
23,739
36,674
64,198
155, 791
58,700
7,624
253
33, 745
7,665
248
33,918
7,646
270
37,141
8,567
279
41,686
139,774
7,923
234
33,123
86, 097
9,035
297
38,273
a
299
36, 453
7.99
6.92
6.87
8.38
8.21
7.22
7.44
8.48
8.15
6.99
7.19
6.07
6.45
Standard Patents, Minn..-dol. per bbl—
Winter, straights, Kansas City
5.42
5.24
5.54
7.06
7.19
6.84
6.69
5.56
5.69
6.13
6.24
6.09
4.80
dol. per bbl_.
Production:
8,082
7,584
8,252
9, 055
9,897
8,274
7,387
8,644
7,381
7,175
8,401
7,806
°7, 840
Flour, actual (Census)
thous. of bbl—
Flour prorated, total (Russell's) f
8,975
7,857
9,746
11,116
9,802
8, 349
9,070
8,125
8,163
8,016
9,386
thous. of bbl
Offalthous. of l b - 651,936 625,958 597, 746 599, 548 659, 717 744, 779 821, 200 692, 087 595, 761 728, 216 709,574 694,897 °665, 223
51
47
61
59
53
46
56
48
46
48
53
49
48
Operations, percent of total capacity
Stocks, total, end of month (computed)
4, 950
4,100
5,400
5,600
4,600
5, 592
5,200
4,200
4,400
4,500
5,400
thous of bbl
4, 222
3,639
3,864
4,068
Held by mills (quarterly)..thous. of bbl
° Revised.
• June 1 estimate.
/Dec. 1 estimate.
i No quotation.
' Brewer's rice not included
* New series. For earlier data, see p. 20 of the November 1932 issue, rye and barley receipts and rye stocks; and p. 20 of the June 1935 issue, wholesale price of wheat.
No. 1 Dark Northern Spring, Minneapolis. Since the division of no. 2 barley by the Department of Agriculture into straight and malting grades as of July 1,1934, prices
for each grade have been reported separately.
f Data revised. For revisions of wheat flour, production and consumption (Russell's) from July 1931 to December 1932, see p. 19 of the August 1933 issue. For revised
d ata on exports for 1932 see p. 39 of the June 1933 issue for 1933, p. 20 of the September 1934 issue, and for 1934, p. 19 of the December 1935 issue.
• Represents the visible supply east of the Rocky Mountains as reported by Dun & Bradstreet.
# See footnote on p. 37 of this issue. Data for 1933 also revised, see p. 20 of the October 1934 issue, and for 1934, revisions p. 20 of the December 1935 issue.
44
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
1036
July 1936
1935
1936
1
May
May
June
July
i
O
p t n h p r 1 Novem- DecemAugust September
October,
ber
ber
January
Febru- March
ary
April
FOODSTUFFS AND TOBACCO—Continued
LIVESTOCK AND MEATS
Total meats:
Consumption, apparentA
mills, of lb__
Production (inspected slaughter) A
mills, of lb__
Stocks, cold storage, end of month, totalA
mills, of lb__
Miscellaneous meats.
mills, of lb._
Cattle and beef:
Beef and veal:
Consumption, apparentA--thous. of lb_.
Exports f
thous. oflb
Price, wholesale:
Beef, fresh native steers, Chicago
dol. per lb__
Production, inspected slaughter A
thous. of lb._
Stocks, cold storage, end of monthA
thous. oflb..
Cattle and calves:
Movement, primary markets:*
Receipts
thous. of animals..
Slaughter, local
thous. of animals..
Slaughter, inspected. (See Leather
and leather products.)
Shipments, total....thous. of animals..
Stocker and feeder.thous. of animals..
Price, wholesale, cattle, corn-fed, Chicago
. _dol. per 100 lb__
Hogs and products:
Hogs*
Movement, primary markets:*
Receipts
thous. of animals..
Slaughter, local
thous. of animals..
Slaughter, inspected. (See Leather
and leather products.)
Shipments, total.. .thous. of animals..
Stocker and feeder.thous. of animals..
Price, heavy, Chicago...dol. per 100 lb..
Pork, Including lard:
Consumption, apparent A- - thous. of lb._
Exports, totalf
thous. of lb._
Lardf
thous. of lb._
Prices:
Hams, smoked, Chicago. _dol. per lb..
T n«./4*
Lard:
Prime contract, N. Y.__dol. per lb._
Refined, Chicago*
dol. perlb..
Production, inspected slaughter, totalA
thous. oflb..
LardA
---thous. of lb_.
Stocks, cold storage, end of mo.
thous. oflb..
Fresh and cured A
thous. oflb..
LardA
thous. of lb
Sheep and lambs:
Lamb and mutton:
Consumption, apparentA--thous. of lb._
Production, inspected slaughter A
thous. oflb..
Stocks, cold storage, end of mo.
thous. oflb-.
Movement, primary markets:*
Receipts..,
thous. of animals..
Slaughter, local
thous. of animals..
Slaughter, inspected. (See Leather and
leather products.)
Shipments, total
thous. of animals..
Stocker and feeder.thous. of animals..
Prices, wholesale:
Ewes, Chicago
dol. per 1001b..
Lambs, Chicago
dol. per 100 lb..
Poultry and eggs:
Eggs:
Receipts, 5 markets
thous. of cases..
Stocks, cold storage, end of month:
Case
thous. of cases..
Frozen
thous. oflb..
Poultry:
Receipts, 5 markets
thous. of lb..
Stocks, cold storage, end of mo.
thous. of lb_.
TROPICAL PRODUCTS
957
917
808
871
876
834
1,015
915
933
1,009
844
942
961
949
843
744
780
818
777
992
958
1,023
1,144
847
937
960
650
57
716
57
641
53
540
50
478
50
422
49
402
53
448
63
563
74
698
79
689
70
675
67
»669
61
474,888
1,426
425, 522
1,084
380,687
623
416, 360
988
471,179
1,193
472,160
1,226
546, 724
1,013
473, 218
1,041
464,510
604
493, 972
728
426, 553
787
439, 651
1,218
485,136
1,032
.134
.191
.174
.170
.179
.179
.169
.166
.178
.180
.171
.151
.149
453,127
404,144
366,834
404,365
463, 641
465, 982
559, 057
492,498
472,516
484, 406
402,142
425,199
459,149
51,147
63, 523
55,653
49,473
47, 292
48,226
65,484
91,164
106,210
104, 447
86, 928
79, 509
1,522
1,002
1,636
1,034
1,402
904
1,603
1,053
1,944
1,136
2,257
1,241
2,545
1,351
2,037
1,340
1,809
1,143
1, 785
1,158
1,416
942
1, 625
1,046
1,673
1,094
511
163
596
237
494
150
414
145
792
302
978
441
1,198
629
911
445
650
242
623
196
462
116
556
190
573
195
8.61
12.43
11.50
10.90
11.54
11.31
11.41
11.36
12.21
12.11
10.61
10.31
9.21
1,759
1,276
1,551
1,075
1,301
926
1,336
912
1,278
874
1,220
824
1,652
1,182
1,671
1,149
2,036
1,428
2,524
1,774
1,817
1,188
2,045
1,372
1,875
1,322
482
32
9.48
477
26
9.41
375
27
9.49
420
24
9.49
401
31
11.26
390
22
11.41
463
25
10.19
526
24
9.42
606
36
9.51
745
38
9.73
628
26
10.33
666
33
10.10
550
38
10.55
434,683
18, 495
10,837
427,060
20, 294
9,740
370,858
15,041
6,877
395,089
13,413
4,915
341, 068
10, 256
3,406
301,338
6,213
1,515
399, 239
7,425
2,731
387,163
14,872
7,932
413, 271
12,832
7,853
450, 560
14,929
10,117
362,070
11, 268
7,514
443,486
16, 403
11,461
423,876
14,118
9,489
.238
.203
.213
.223
.264
.279
.260
.267
.273
.263
.243
. 235
.239
.104
.113
.141
.148
.147
.154
.151
.158
.168
.177
.169
.177
.151
.164
.138
.144
.117
.134
.109
.120
.112
.118
.111
.118
.113
.120
449.173
80,534
373,924
58,684
321,685
49,102
315,612
45,772
290,419
41,306
250,608
34,392
363,102
47,758
409,862
58,072
495,296
74,009
595, 065
96, 392
390,346
66,464
453, 787
75, 518
449, 029
77, 024
540, 611
440, 694
99,917
593,399
503,413
89,986
529,987
445,307
84,680
438,345
369,910
68,435
378,786
325, 249
53,537
322,955
277, 605
45,350
281,365
240,663
40, 702
291,115
253,209
37,906
379,495
326,777
52,718
511, 711
436,042
75, 669
530,143
451, 418
78, 725
526, 963 -541,017
450,149 •457, 402
76, 814 a 83, 615
a
65,011
47,205
64,862
56,361
59,874
63,986
60,255
69,370
54,961
54,837
64, 298
55,016
58,477
46,721
64,678
55,946
59,653
63,641
59,941
69,983
55,702
55, 231
64,140
54,829
58, 285
51,871
2,178
2,376
2,109
1,730
1,376
1,968
2,661
3,025
2,824
2,563
2,334
• 1, 785
1,944
889
2,251
1,227
1,994
1,037
2,368
1,185
2,577
1,144
2,822
1,109
3,055
1,225
1,732
927
1,588
966
1,862
1,127
1,631
949
1,701
1,023
1,798
990
1,063
183
1,046
86
801
81
1,169
109
1,434
342
1,660
533
1,860
S86
822
335
620
112
732
94
690
59
666
66
800
112
4.56
10.97
3.69
6.72
3.00
6.72
2.95
8.23
3.09
8.25
3.28
8.95
3.59
9.00
4.11
9.81
4.35
10.80
4.50
10.25
4.34
9.97
4.62
9.66
4.81
10.75
1,282
a
52, 394
2,088
1,963
1,503
1,170
856
781
704
641
784
889
811
1,798
2,022
5,681
93, 971
6,366
84,680
7,595
107,937
7,947
116,274
7,373
112,585
6,353
98,653
4,644
88,018
2,738
79,035
964
69,546
159
59, 722
13
46,367
807
45,848
"3,039
a
69,172
18, 979
15,147
18, 615
18,646
16, 765
21, 783
28,332
62,486
56,321
21,433
15,654
15, 098
15,122
41,871
48,274
47,051
41, 262
34,911
39, 720
53,156
86,098
107,389
103,833 |
85,792
69, 494
• 49, 324
Cocoa:
Imports#
long tons.. 9,696 11,763 12,332 18, 229 21,593 12, 587 19,388 19,005 24,357 30, 508 32,601 28, 549 31, 206
.0501
.0510
.0517
.0501
.0501
.0470
.0535
.0550
.0474
.0517
.0536
.0533
Price, spot, Accra, N Y
dol. per lb
Shipments, Gold Coast and" Nigeria
long tons.. 11, 063 14,631 12,796 17,399 14,696 10,820 23,345 39, 786 64,930 61, 247 59,819 40,114 17,025
• Revised.
A Government slaughter not included, for months June 1934-February 1935 see p. 44 of the June 1935 issue.
# See footnote on p. 37 of this issue. Data revised for 1933, see p. 20 of the October 1934 issue, for 1934 revisions see p. 20 of the December 1935 issue.
t For revisions of exports for 1932, see p. 40 of the June 1933 issue. For revised data for 1933 on all export data, see p. 20 of the September 1934 issue, for 1934 see p .
19 of the December 1935 issue.
* New series. See p. 18 of January 1934 issue.
• Included animals purchased for Federal Relief Corporation for the months of October 1934-February 1935 inclusive.
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
45
SURVEY OF CURRENT BUSINESS
July 1936
1936
May
1935
May
June
July
1936
DecemOctober NovemAugust September
ber
ber
January
February
March
April
FOODSTUFFS AND TOBACCO—Continued
TROPICAL PRODUCTS—Continued
Coffee:
Clearances from Brazil, total
thous. of bags._ 1,150
511
To United States
thous. of bags..
Imports into United States#
879
thous. of bags..
.066
Price, Rio No. 7, N. Y
_._dol. per lb..
Receipts at ports, Brazil _--thous. of bags.. 1,009
Stocks, world total, inch, interior of Brazil
thous. of bags,.
0)
Visible supply, total excl. interior of
Brazil..
thous. of bags.. 8,108
998
United States
thous. of bags..
Sugar:
Raw sugar:
Cuba:
Stocks, total, end of month
thous. of long tons.. 1,886
united orates:
Meltings, 8 portsf
-long tons.. 326,152
Price, wholesale, 96° centrifugal, New
.037
York
dol. per lb._
Receipts:
From Hawaii and Puerto Rico
long tons.. 171,070
Importsf#
long tons.. 274, 287
Stocks at refineries, end of mo.f
long tons.. 401,669
Refined sugar:
Exports, including maplef
long tons.. 3,981
.053
Price, retail, gran., N. Y
dol. per lb..
Price, wholesale, gran., N. Y.dol. per lb_. .049
Receipts:
From Hawaii and Puerto Rico*
long tons.. 15,919
Imports:
41, 628
Cuba* ^
long tons
Philippine Islands*
long tons.. 4,602
Shipments, 2 ports t
long tons
Stocks, end of month, 2 portsf.long tons
Tea:
5,449
Imports#
.
thous.
Price, wholesale, Formosa,
fine,
N. Y.of lb _
.275
dol. per lb_.
MISCELLANEOUS PRODUCTS
Candy sales by manufacturers thous. of dol
Fish:
Landings, fresh fish, principal ports
thous. of lb_. 43,355
Salmon, canned, shipments.—
cases..
Stocks, total, cold storage, 15th of month
thous of lb
TOBACCO
Leaf:
Exportsfthous. of lb._ 18, 485
Imports, unmanufactured^—thous. of lb__ 4,120
Production, crop estimate thous. of lb
Stocks, total, including imported types
(quarterly)
mills, of lb
Flue-cured,fire-cured,and air-cured
mills, of lb_.
Cigar types
.
mills, of lb__
Manufactured products:
Consumption (tax-paid withdrawals):
12,025
Small
cigarettes
millions
Large cigars
t h o u s a n d s . . 419,369
Manufactured tobacco and snuff
thous. of lb__ 28,100
Exports, cigarettes-_
t h o u s a n d s . . 398, 683
Prices, wholesale:
Cigarettes
dol. per 1,000..
5.380
Cigars
dol. per 1,000.. 45, 996
1,390
687
1,316
734
1,308
728
1,298
637
1,466
887
1,651
879
1,420
779
1,474
824
1, 563
954
1,360
854
1, 201
692
1,094
549
991
.071
1,509
971
.069
1,440
1,114
.066
1,343
943
.064
1,379
1,130
.066
1,431
1,237
.068
1,651
1,086
.066
1,472
1,299
.065
1,539
1,248
.066
1,409
1,575
.068
1,496
1,450
.065
1,444
1,138
.063
1,027
24,032
22,930
23,204
24,716
27,204
27,765
28,738
29,548
7,374
655
7,540
672
7,670
799
7,749
790
7,653
863
7,794
941
7,669
817
7,844
988
0)
0)
7,832
832
7,846
1,010
30,650
8,116
1,056
0)
8,128
995
2,230
1,993
1,589
1,158
1,076
979
912
775
755
1,108
1,991
2,092
436,500
323,013
414,436
331,240
301,969
313,903
240,378
241,580
321, 986
331, 296
419, 096
460,316
.033
.033
.033
.033
.035
.036
.035
.031
.033
.034
.036
.038
125,811
225,913
163,091
210,218
117S 378
326,736
120,832
511,025
116,556
117,163
73,641
82,044
69,960
54,844
67,731
38,864
90,223
246,005
144,017
315,164
197, 386
279,852
176,391
325,379
509,028
504,813
536,236
571,925
512,518
370,639
310,543
211,023
178,176
228,493
240, 659
301,105
3,187
.053
.052
5,681
.053
.052
6,496
.055
.051
12,450
.055
.050
13,369
.056
.051
14,485
.056
.052
10,308
.057
.052
4,375
.056
.052
4,867
.053
.052
1,895
.053
.052
4,391
.053
.048
3,710
.053
.049
15,028
16,260
12,099
6,472
6,381
1,534
1,402
225
5,506
15,021
14, 213
17,924
24,586
5,875
56,190
13,857
10,361
6,857
50,368
14,603
27,842
6,555
58,606
13,346
101,105
0
50,451
13, 742
7,666
0
46,853
9,754
8
0
40,943
9,951
2,298
0
34,026
15,842
636
693
30,636
9,352
26,987
0
57,640
13,340
28, 707
2,902
58, 820
13, 203
42,877
9,371
65, 722
11,080
37,988
14^ 501
43, 725
19^ 816
5,999
5,499
5,830
6,521
8,457
9,326
7,867
8,378
6,067
5,915
8,159
6, 776
.275
.275
.275
.275
.275
.275
.275
.275
.275
.275
.275
.275
19,637
14,434
11,191
16,910
27, 886
26,187
27,030
26,170
22,584
23,192
22,123
21,399
41,588
203,609
38,378
368,097
42,811
407,363
41,769
732,630
38,445
950, 789
42,793
462,745
33,368
471,448
26,437
359,188
20,120
490, 638
20, 016
436,976
39,029
494, 790
42,560
273, 242
21,691
35,905
48,157
59,443
66,527
70,079
76,332
74,845
64,031
45,079
31, 292
26,054
17,386
4,044
12,452
6,623
14,782
5,250
22,644
6,086
52,671
4,943
60,488
8,470
67,793
4,843
41,929
42,060
3,781
8,430
(/)
/
)
1,283,742 /
35,137
5,726
13, 877
4,553
24, 235
5,883
2,163
2,200
2,373
2 416
1,701
374
1,772
348
1,949
344
1,945
374
11,709
407, 731
12,120
402, 272
13,138
432,159
11,975
422, 282
10,774
430,959
12,711
524,399
10,801
457,299
9,841
312,974
12, 725
336, 579
10, 766
356, 624
11,193
377,167
11, 869
411,606
30,603
382,815
27,879
308,500
29,066
304, 549
30.212
307,484
28,984
297,240
31,916
324, 298
26,687
393,886
23,096
337,227
29,490
385, 525
27,919
320, 394
30, 315
351, 679
29, 254
428, 572
5.380
46. 041
5.380
46.041
5.380
46.005
5.380
45.996
5.380
45. 996
5.380
45.996
5.380
45.996
5.380
45.996
5.380
45. 996
5.380
45.996
5.380
45.996
5.380
45.996
FUELS AND BYPRODUCTS
COAL
Anthracite:
156
156
Exports
thous. of long tons..
101
Prices:
Retail, composite, chestnut!
dol. per short ton_.
12.95
11.70
11.63
11.86
Wholesale, composite, chestnut t
9.707
9.052
9.245
dol. per short ton..
5,642
4,336
3,536
Production!—
thous. of short tons..
4,879
4,217
3,032
Shipments!
thous. of short tons..
a
l
Revised.
Data not available.
/ Dec. 1 estimate.
fRevised series. For revisions refer to the indicated pages of the monthly issues, as follows: Exports of tobacco for 1932, p. 42, June 1933, data revised for 1933, see
p. 20 of the September 1934 issue. For 1934 revisions see p. 19 of the December 1935 issue. 1932finalrevision of anthracite production, p. 42, January 1934. Anthracite
shipments for 1932, p. 42, December 1933. For revised data for 1932 on sugar meltings and stocks, see p. 41 of the May 1933 issue. For 1932 revisions of sugar imports and
exports see p. 41 of the June 1933 issue. For revisions of exports in 1933, see p. 20 of the September 1934 issue. Revised data on shipments and stocks of refined sugar at
2 ports (for period January 1925-April 1935) are shown on p. 18 of the October 1935 issue. The change resulted from a reduction in the number of reporting refineries.
#See footnote on p. 37 of this issue. Data revised for 1933, see p. 20 of the October 1934 issue. For 1934 revisions, see p. 20 of the December 1935 issue.
tA Price converted to short-ton basis. Data on a short-ton basis prior to April 1931 were not published. Earlier monthly data were reported on a long-ton basis.
Note major correction in data on imports of refined sugar from Cuba, June-November 1934, were shown in the February 1935 issue.
*New series. For earlier data, see p. 20 of the August 1934 issue, for receipts of refined sugar from Hawaii and Puerto Rico and imports from Cuba. Data prior to
May 1934 on imports of refined sugar from the Philippine Islands are not available.
^Monthly retail price of coal was discontinued with the month of August 1935. Subsequent to that month the price is shown quarterly.
46
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
1935
1936
May
July 1936
May
June
July
1936
SeptemDecemOctober NovemAugust
January
ber
ber
ber
Febru- March
ary
April
FUELS AND BYPRODUCTS—Continued
COAL—Continued
Anthracite—Continued.
Stocks in storage:*
853
Total
thous. of short tons..
Stocks, in yards of dealers, end of month
77
no. of days' s u p p l y Bituminous:
Consumption:
5,542
Coke plants.
thous. of short tons..
Electric power plants!
2,959
thous. of short tons..
Railroads
thous. of short tons..
116
Vessels, bunker
thous. of long tons..
1,103
Exports
thous. of long tons..
Price, retail composite, 38 cities!
dol. per short ton._
Prices, wholesale:
4.289
Composite, mine run.dol. per short ton_.
Prepared sizes (composite)
4.302
dol. per short ton..
Production!thous. of short tons.. 28,541
Stocks, consumers, and retail dealers, end
of month
thous. of short tons_. 28,072
COKE
34
Exports
thous. of long tons..
Price, furnace, Connellsville
3.58
dol. per short ton..
Production:
84
Beehive!.,
thous. of short tons..
3,753
Byproduct!
thous. of short tons..
Petroleum
thous. of short tons..
Stocks, end of month:
1,695
Byproduct plants
thous. of short tons..
Petroleum, refinery.-thous. of short tons..
PETROLEUM AND PRODUCTS
Crude petroleum:
Consumption (run to stills)-thous. of bbl._
2,661
Imports#
thous. of bbl._
Price, Kansas-Oklahoma
dol. per bbl.. 1.040
Production^
thous. of b b l . .
Refinery operations
pet. of capacity..
Stocks, end of month:
California:
Heavy crude and fuel oil§
thous. of b b l . .
Light crude§
thous. of b b l . .
East of California, total!§_thous. of b b l . .
Refineries!§
thous. of b b l . .
Tank farms and pipe lines!§
thous. of b b l . .
Wells completed!}
number..
Refined products:
Gas and fuel oils:
Consumption:
1,014
Electric power plants!..thous. of bbl._
Railroads
thous. of b b l . .
Vessels, bunker
thous. of bbl_. ~3~l84
Price, fuel oil, Oklahoma, 24-26 refineries
dol. per bbl_.
Production:
Residual fuel oil*f§
thous. of bbl._
Gas, oil and distillate fuels* !§
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._
2,368
Exports*—.
thous. of b b l . .
Exports, value. (See Foreign trade.)
Price, wholesale:
.165
Drums, delivered, N . Y_.dol. per gal._
.060
Refinery, Oklahoma
dol. per gal._
Price, retail, service station, 50 cities
dol. per gal
Production:
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 b b l . .
At refineries!§
thous. of b b l . .
705
970
1,462
1,758
2,127
2,239
2,244
1,911
], 217
528
458
369
36
44
54
72
60
82
64
35
23
19
31
38
4,134
3,860
3,765
4,086
4,171 |
4,539
4,649
5,042
4,990
4,764
4,862
2,578
4,706
132
2,608
4,535
144
955
2,803
4,329
161
983
3,039
4,575
156
1,080
2,961 |
4,789
128
804
3,437
5,449
161
789
3,143
5,231
91
902
3,391
5,708
79
457
3,453
6,078
96
323
3,365
3,022
87
321
101
308
8.05
8.12
8.12
772
8.11
8.41
8.58
5,133
0
2,860
462
8.57
4.234
4.228
4.290
26,849
4.252
4.233
4.237
4.324
4.336
4.337
4.320
4.359
4.347
4.303
4.294
30,117
4.314
22,339
4.281
26,164
4.336
25,038
4.451
37, 768
4.508
33,404
4.528
35,388
4.547
39, 330
4.683
41, 375
4.612
31, 233
4.340
30, 318
35, 541
41,127
40, 772
40,378
40,904
39, 553
39,911
37,017
33, 052
29,542
28,083
» 26, 596
50
69
70
62
54
54
58
32
43
44
24
20
3.60
3.54
3.37
3.33
3.33
3.64
3.66
3.61
3.58
3.58
3.58
3.58
57
2,793
132
61
2,600
135
46
2,566
140
56
2,778
131
56
2,836
123
90
3,052
119
101
3,116
108
121
3,368
106
142
3,309
120
153
3,141
108
109
3,257
105
3,466
109
2,791
416
2,787
424
2,995
441
3,192
458
2,130
454
2,975
427
3,026
408
2,780
2,110
360
1,274
334
1,444
360
1,586
367
80,412
3,160
.940
82,454
70
81,724
2,937
.940
82, 338
74
84,903
3,000
.940
85,485
74
84,584
3,110
.940
84,816
74
83, 347
2,870
.940
84,109
74
85,132
2,815
.940
88,160
73
83,180
2,128
.940
86,476
73
84,992
3,161
.940
88, 711
73
85, 776
2,256
1.015
88, 820
74
81, 523
2,758
1.040
82,120
76
85, 286
2,183
1.040
90, 568
75
84, 545
2,864
1.040
90,479
58,928
33, 233
298, 240
59,909
57, 894 58,498 58, 243 58,518
33, 282 32, 662 33, 494 34, 981
294,314 289, 703 284,471 278, 643
57,584 56, 081 56, 055 53, 710
59,388
35, 591
274, 568
51, 751
60, 075
37,646
270,906
50,495
61, 227
38,944
268, 781
62,802
40, 640
265,195
48, 789
63, 536
40,275
263,436
47, 686
63, 341
39,856
266, 092
51, 741
63, 729
39, 338
268, 560
53, 053
238,331
" 1,465
236,730 233, 622 228,416
a
1,403
° 1, 369 ° 1,340
224,933
°1,286
222,817
a 1, 243
220,411 *219,692
a
1,149
1,318
216,406
1,199
215,750
995
214,351
1,287
215, 507
1,044
3,366
2,560
1,166
3,898
2,740
1,093
3,827
2,590
1,124
°975
966
2,690
3,005
"~2~ 643
849
3,390
2,621
856
3,241
2,496
935
3,300
2,666
1,016
3,381
2,762
1,102
3,682
2,329
1,132
3,773
2,400
.769
.775
.765
.750
.740
.700
.713
.725
.756
.800
.800
.800
21, 311
20,267
20, 210
21,232
21,495
22,652
23,278
25,005
24, 573
23,751
23,667
23,062
8,198
8,205
8,709
8,129
8,885
9,068
9,885
10, 587
11,125
10, 262
9,553
23,884
25,548
26,909
27,179
27,351
26, 265
25, 509
22,827
20,281
18,027
17, 529
16, 996
17, 365
20,232
22,915
23,860
24, 272
24, 299
23,263
19,930
17,418
15,322
15, 746
17, 031
39,089
1,848
37,884
2,729
41, 203
2,759
42,836
2,453
37,862
2,678
41,401
2,195
35,956
2,760
33, 734
2,946
32, 553
2,308
27,216
1,435
35,871
1,404
38,825
2,140
.162
.053
.163
.056
.173
.056
173
.056
.173
.056
.173
.056
.166
.056
.154
.060
.165
.061
.165
.060
.165
°.060
.138
3,064
40,488
3,653
39, 544
3,196
37,176
3,378
38, 764
3,265
39,902
.139
140
.166
.056
.141
3,085
37, 583
3,134
38,180
3,132
40, 667
.134 |
3,202
39,817
.135
.137
.137
3,574
41,956
3,598
40, 260
3,654
40,667
1,113
1,145
1,243
1,258
1,174
1,204
2,579
34,725
2,745
32,499
3,027
30,550
2,975
26,549
2,760
27,166
2,442
27, 280
1,945
28,043
1,007
973
833
1,032
1,645
31,328
1,743
36,158
1,833
44,612
2,172
45, 799
2,641
44, 361
«6 Revised.
Figures revised to reflect transfers between pipeline and refinery stocks beginning December 1935.
! Revised series. For revisions refer to the indicated pages of the monthly issues, as follows: Consumption of bituminous coal by electric power plants for 1932, p. 42.
May 1933; for 1933, p. 42, May 1934. Data also revised for 1934 and 1935. Revisions not shown on p. 43 of the June 1935 issue and p. 46 of the May 1936 issue will appear
in a subsequent issue. Bituminous coal production for 1932, p. 42, January 1934. Bituminous coal production revised for 1933 and 1934. Revisions not shown in the
May 1935 issue will appear in a subsequent issue. For 1935 revisions see p. 46 of the March 1936 issue. Beehive and byproducts coke for 1932, p. 43 of December 1933 issue,
and for 1933 revisions see p. 43, July 1934. Data for 1934 also revised; revisions not shown in the July 1935 issue will appear in a subsequent issue. Crude petroleum production, stocks, east of California (total), at refineries and at tank farms and pipe lines, and wells completed, for 1932. See footnote on p. 56, November 1933. Consumption
of gas and fuel oils in electric power plants for 1932, p. 43, May 1933; for 1933 revisions, p. 43, May 1934. Data also revised for 1934. Revisions for months not shown for
1934 on p . 44 of the June 1935 issue will appear in a subsequent issue. Data revised for 1935; see p . 46 of the May 1936 issue. 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 for 1932, p. 56, November 1933; retail distribution of gasoline in 41 States for 1932, p. 43, May 1933; for 1933, p. 43, May 1934.
• See footnote on p. 37 of this issue. Imports also revised for 1933, see p. 20 of the October 1934 issue; for 1934 revisions see p. 20 of the December 1935 issue.
§ Data revised for 1933. See p. 20 of the January 1935 issue. For 1934 see p. 20 of the October 1935 issue.
• Data revised for 1933, see p. 20 of the September 1934 issue: for 1934 revisions see p. 19 of the December 1935 issue.
• New series. For earlier data see p. 20 of the February 1933 issue, production and stocks of residual fuel oil and gas oil and distillate fuels.
1 Monthly retail price of coal was discontinued with the month of August 1935. Subsequent to that month the price will be shown quarterly.
A Beginning with August 1934 certain anthracite stocks were included which had not been covered in previous reports
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
July 1936
1936
May
1936
1935
May
June
July
DecemAugust SeptemOctober November
ber
ber
January
February
March
April
FUELS AND BYPRODUCTS—Continued
PETROLEUM AND PRODUCTS—
Continued
Refined products—Continued.
Kerosene:
Consumptiont§
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:
Consumptionf§
_thous. of bbl.
Price, cylinder oil, refinery, Pa.
dol. per gal_
Production§
thous. of bbl_
Stocks, refinery, end of month §
thous. of bbL
Other products:
Asphalt:
Imports#
thous. of short tons_
Productionf§
thous. of short tons.
Stocks, refinery, end of month
thous. of short tons.
Coke. (See Coke.)
Wax:
Production
thous. of lb.
Stocks, refinery, end of mo§
thous. of lb.
380
.056
.149
3,545
496
2,768
614
2,885
456
3,631
519
3,892
750
4,520
370
4,724
585
5,081
497
473
4,785
455
4,098
435
3,914
512
. 050
4,474
7,295
.050
4,417
8,310
.050
4,212
.048
4,390
049
4,498
.049
4,978
9,318
.049
4,878
8,879
.050
4,624
7,915
.051
4,761
6,599
.055
4,445
5,784
.055
4,741
5,974
.056
4,953
1,919
1,558
1,655
1,667
1,697
1,820
1,576
1,433
1,396
1,520
1,863
2,197
.113
2,392
.120
2,247
.120
2,213
.120
2,399
.120
2,357
.120
2,463
.120
2,453
.120
2,484
.120
2,309
.126
2,204
.135
2,515
.139
2, 687
6,855
6,517
6,649
6,607
6,612
6,857
7,025
7,127
7,385
7,137
7,044
0
308
2
350
2
352
2
380
7
343
351
12
248
3
203
1
198
1
179
1
261
1
319
424
435
405
363
354
341
377
405
461
463
526
520
41,160
31,360
32,480
35,000
36,400
39,200
41, 720
40,320
44,800
36,120
42, 280
39, 420
145,982
141,506
138,941
136,646
131,560
124,557
120, 398
114,675
118,636
118,312
119,684
121, 857
LEATHER AND PRODUCTS
HIDES AND SKINS
Imports, total hides and skinst#-thous- of lb—
Calf and kip skins
thous. of lb—
Cattle hides
thous. of lb—
Goatskins
thous. of lb._
Sheep and lamb skins
thous. of lb—
Livestock, inspected slaughter:
CalvesA
thous. of animals..
CattleA
thous. of animals._
Hogs.
..thous. of animals..
SheepA
thous. of animals—
Prices, wholesale:
Packers, heavy native steers, Chicago
dol. per lb—
Calfskins, packer's 8 to 15 lbs., Chicago
dol. per lb—
Exports:
MATHER
Sole leather
thous. of lb—
Upper leatherf#—
thous. of sq. ft—
Production:
Calf and kip*
thous. of skins..
Cattle hides*t
thous. of hides..
Goat and kid*J
thous. of skins..
Sheep and lamb*ft
thous. of skins..
Prices, wholesale:
Sole, oak, scoured backs (Boston)
dol. perlb—
Upper, composite, chrome, calf, black,
" B " grade
dol. per sq. ft—
Stocks of cattle hides and leathers (all kinds)
end of month:
Total*!
thous. of equiv. hides..
In process and finished*
thous. of equiv. hides..
Raw*!
thous. of equiv. hides-LEATHER MANUFACTURES
Gloves and mittens:
Production (cut), total*
dozen pairs..
Dress and semidress*
dozen pairs..
Work*
_
dozen pairs—
Shoes:
Exports
—thous. of pairs..
Prices, wholesale:
Men's black calf blucher,
factory
dol. per pair..
Men's black calf oxford,
factory.
dol. per pair,.
Women's colored blucher,
factory
dol. per pair—
25,216
2,336
10, 296
8,292
2,549
27,003
1,810
12,275
6,056
4,643
25,107
2,942
10,203
7,277
3,348
33,178
2,164
16, 329
8,211
4,470
28,357
1,931
11,907
7,950
3,576
25,056
2,225
11,712
6,133
3,146
27, 786
2,236
12,670
5,574
5,827
25,373
1,960
11, 631
6,299
2,685
27.152
2,291
11.153
6,492
3,872
28, 264
2,390
12, 768
6,042
3,499
26, 255
2,035
13,498
5,573
3,265
28,963
1,354
13,063
8,506
4,668
28,116
1,215
12,613
7,911
4,809
503
786
2,579
1,213
508
735
2,172
1,584
439
669
1,828
1,421
464
745
1,712
1,546
472
875
1,668
1,665
458
886
1,453
1,549
531
1,083
2,135
1,765
480
956
2,422
1,407
481
892
2,874
1,369
465
906
3,428
1,540
405
742
2,319
1,314
483
763
2,617
1,374
525
812
2,559
1,267
.123
.123
.124
.130
.132
.143
.154
.157
.148
.171
.153
.156
.146
.138
.158
.176
.181
368
5,566
448
6,035
242
5,522
382
4,595
430
3,603
1,156
1,865
3,970
2,850
1,316
1,659
3,587
2,802
1,399
1,722
4,061
3,039
443
5,798
1,321
1,829
4,091
3,474
510
8,563
1,253
2,062
4,562
4,111
333
8,571
1,051
1,957
4,126
3,628
1,227
1,723
3,993
3,061
.36
.37
.35
.34
.35
.35
.37
.380
.342
.354
.361
.362
.373
.380
18,203
18,044
17,844
17, 764
17,851
18,008
11, 516
6,687
11,487
6,557
11,381
6,463
11, 330
6,434
11,273
6,578
11,402
6,606
106
.150
.146
.130
.130
.191
.180
.181
.188
226
5,121
146
5,284
210
5,044
310
5,234
410
5,107
1,092
1,924
4,393
3,153
1,195
1,943
4,168
3,135
1,002
1,855
3,757
3,125
• 1,907
3,786
0
2,824
1,046
1,859
4,018
2,919
.378
.380
.39
.39
.37
.382
.382
.380
18,077
17, 735
17,789
17,786
17, 797
17, 833
11, 377
6,700
11,188
6,547
11, 576
6,213
11,568
6,218
»11, 655
• 6,142
11,737
6,101
.39
.36
201, 204 194, 270 194,951 271,909 255, 792 286,857 253, 795 163,467 U47,776 1183,485 "1205,081 i 203,126
112,955 114,037 108, 360 147, 926 142, 230 178, 372 168,487 94,725 182,884 1109,573 al117,791 1117, 320
88, 249 80, 233 86, 591 123,983 113, 562 108,485 85,308 68,742 164,892 i 73,912 1 87, 290 i 85,806
79
69
68
82
101
73
65
97
104
188
5.50
5.50
5.50
4.50
4.15
4.15
5.50
5.50
5.50
5.50
5.50
5.50
5.50
5.50
5.50
5.50
4.25
4.25
4.31
4.35
4.44
4.50
4.50
4.50
4.50
3.00
3.00
3.04
3.10
3.10
3.10
3.10
3.13
3.15
3.15
3.15
3.15
3.15
Data for 234 manufacturers not available for these months. Figures shown are computed by means of the month-to-month percentage change indicated bv the current
Census Bureau report for 228 identical concerns.
H Raw stocks in all hands as shown above include all hides from Government animals slaughtered under Federal inspection. Hides from cattle allotted to State relief
agencies and which were not killed under Federal inspection are not included unless they have already moved into sight. It is obvious, therefore, that a quantity of hides
from noninspected slaughter held by State Relief Agencies constitutes an invisible addition to the visible supplies shown above.
X Data on production of sheep and lamb and goat and kid leathers from 1927-34 have been revised. For revisions not shown on p. 44 of the April 1935 issue see D 19
of the June 1935 issue.
* Government relief slaughter included for the period June 1934-February 1935. See p. 44 of the June 1935 issue for the figures, excluding relief slaughter For sheep
and lambs, relief slaughter only affected the data for the months of September to December 1934.
§ Data revised for 1933. See p. 20 of the January 1935 issue. For 1934 see p. 20 of the October 1935 issue.
# See footnote on p. 37 of this issue. Imports revised for 1933, see p. 20 of the October 1934 issue, for 1934 revisions see p. 20 of the December 1935 issue.
* New series: For earlier data refer to the indicated pages of the monthly issues. Leather production, p. 19, June 1933; leather stocks, p. 19, January 1935. New series
on gloves and mittens cover 234 identical manufactures as reported to the U. S. Department of Commerce, Bureau of the Census. Data prior to July 1934 are not available. These data are not comparable with data through January 1934 previously shown. New series on wholesale price of women's shoes began January 1934. Data not
shown above will appear in a subsequent issue.
t Revised series. For earlier data refer to the indicated pages of the monthly issues. Production of cattle, sheep, and lamb leather for 1932 and 1933, p 44, April 1934
Production of cattle hides revised for 1935, p. 47 of the April 1936 issue. Imports of total hides and skins for 1932, exports of upper leather for 1932, p. 43, June 1933 Production of asphalt for 1932 and consumption of kerosene and lubricating oil, for 1932, see p. 56 of the November 1933 issue.
Data revised for 1933. See p. 20 of the September 1394 issue; for 1934 revisions see p. 19 of the December 1935 issue.
Digitized for •FRASER
1
48
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
1936
May
July 1936
1935
May
June
July
1936
Decem- January
August SeptemOctober November
ber
ber
February
March
April
LEATHER AND PRODUCTS—Continued
LEATHER MANUFACTURES—Cont.
S hoes—Continued.
Production, totalf
thous. of pairs—
Men'sf
thous. of pairs_.
Boys' and youths'f
thous. of pairs_.
Women'sf
thous. of pairs..
Misses' and children'sf-.thous. of pairs—
Slippers, all typesf
thous. of pairsAll other footwearf
thous. of pairs-
29,427
7,201
1,031
11,777
2,453
3,090
3,874
31,258
8,163
1,519
11,205
3,197
2,985
4,189
27,234
7,819
1,569
8,857
2,794
2,717
3,477
32,274
7,926
1,726
13,281
2,956
3,291
3,093
37,243
9,132
1,702
15,925
3,361
4,088
3,035
33,909
8,391
1,502
13,275
2,998
4,857
2,887
35,948
9,918
1,721
11,813
3,186
6,124
3,185
27,715
8,161
1,330
7,034
2,673
5,570
2,947
28,949
8,440
1,354
9,794
2,869
3,277
3,214
32,420
9,043
1,267
13,436
3,292
1,633
3,749
32,142
8,313
1,130
13,843
3,007
2,140
3,709
34,159 «32,688
8,223 «8,027
fl
l, 221
1,264
14,441 13,042
3,237 °3,154
2,726 «2,904
a
4,339
4,268
LUMBER AND MANUFACTURES
LUMBER—ALL TYPES
Exports (boards, planks, and scantlings)* •
M ft. b. m__
National Lumber Mfgrs. Assn.: A. l
Production, total
mill. ft. b. m._
Hardwoodsmill. ft. b. m__
Softwoods
mill. ft. b. m._
Shipments, total
mill. ft. b. m..
Hardwoods
mill. ft. b. m..
Softwoods
mill. ft. b. m._
Stocks, gross, end of month total:
mill. ft. b. m._
Hardwoods
mill. ft. b. m__
Softwoods
mill. ft. b. m._
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__
89,904
67,627
61,883
73,012
81,752
77,810
83,258
89,265
83,150
66,073
90,328
96,053
1,891
253
1,638
1,821
259
1,562
1,374
290
1,084
1,681
285
1,396
1,359
285
1,074
1,415
290
1,125
1,636
278
1,358
1,614
288
1,326
1,806
289
1,517
1,761
280
1,481
1,750
293
1,457
1,643
259
1,384
1,971
302
1,669
1,782
270
1,512
1,620
273
1,347
1,489
262
1,227
1,422
207
1,215
1,331
220
1,111
1,490
229
1,261
1,569
238
1,331
1,353
215
1,138
1,467
238
1,229
1,587
244
1,343
1,688
281
1,407
1,865
253
1,613
1,932
267
1,665
7,013
1,832
5,181
6,946
2,062
4,884
2,030
4,833
6,875
2,010
4,865
6,891
1,990
4,001
6,967
1,993
4,974
7,121
1,943
6,178
7,235
1,935
5,300
7,273
1,915
5,358
7,203
1,905
5,298
7,103
1,882
5,221
6,998
1,843
5,155
6,933
1,836
5,097
11,106
67,680
8,180
69,405
10,629
67,104
10,636
67,160
11,567
69,817
9,787
69,793
14,125
64,942
8,676
63,137
4,594
61,365
3,677
70,834
2,374
77,713
4,329
81, 490
7,210
81,851
3,627
32,426
2,883
2,701
26,991
3,741
27,569
3,257
27,773
2,882
27,902
3,354
28,164
3,061
27,708
2,415
28,637
2,884
29,794
2,168
32,069
3,752
32, 396
4,191
32,143
3,493
M ft. b. m._
M ft. b. m_. 13,159
M ft. b. m_. 4,437
5,528
M ft. b. m..
M ft. b. m_. 18,717
4,307
5,112
3,342
4,410
21,313
4,311
5,388
4,347
4,692
21,043
5,706
6,045
4,200
5,114
20,295
4,278
5,498
4,315
5,037
18,214
3,917
4,989
4,276
4,035
19,638
4,634
4,763
6,584
4,891
20,497
4,514
4,683
5,109
4,609
21,023
6,768
6,444
4,279
3,997
21,878
9,368
4,263
3,879
21,209
11,303
4,123
3,936
21,077
10,138
16,456
4,462
5,324
20, 645
4,391
15,012
5,439
5,457
20,033
23,622
28,564
30,273
28,579
61,655
21,991
14,422
15,078
18,306
50, 392
18,622
15,304
18,108
17,732
50,639
15,466
12,423
20, 606
18,374
52,644
16,456
11,004
17,642
17,864
52,408
19,459
13,065
19,467
17,402
54,475
24,383
14,347
21,642
23,475
52,843
25,125
19,925
20,823
19,547
54,119
25,064
25,492
24,203
19,497
58,825
30,204
35,301
22, 783
20,395
61, 365
40,675
52,892
21,831
23,081
60,115
19,381
43, 793
27, 607
28,479
58,683
19,211
33, 521
30, 761
29,483
59,961
14, 607
14,346
2,517
577
4,862
8,615
15,568
20,834
26,952
36,486
22,677
14,548
20,227
17,577
26,139
21,931
24,199
23,456
19, 542
19,455
23, 498
12, 985
40,462
23, 371
16.00
16.00
16.00
16.00
(0
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
M ft. b. m._
M ft. b. r e M ft. b. m__
M ft. b. m_.
M ft. b. m__
Softwoods
Fir, Douglas:
Exports:!
Lumber*
M ft. b . m_. 28,714
Timber
M ft. b . m__ 14, 612
Orders:
Newc?
M ft. b . m__
Unfilled, end of month c?
M ft. b . m._
Price, wholesale:
No. 1 common
dol. per M ft. b . m._
(0
Flooring, 1 x 4 , " B " and better v. g.*
45.00
dol. per M ft. b. m__
Production^
M ft. b . m._
Shipments^
M ft. b . m__
Pine, northern:
9,616
Orders, new
M ft. b . m__
Production
___M ft. b . m__ 16,892
11,364
Shipments
M ft. b . m__
Pine, southern:
Exports:
Lumber!
M ft. b . m__ 21,487
6,890
Timber§
-—M ft. b . m_.
Orders:
155,822
New
—M ft. b . I Q Unfilled, end of month
M ft. b . m_. 80, 354
37.40
Price'
flooring
dol. per M ft. b . m_.
Production
- - M ft. b . m_. 158, 529
Shipments
_
M ft. b . m__ 1G6,440
Redwood, California:*
Orders:
New
M ft. b . m__ 30,845
Unfilled
— _ M ft. b . r e - 43,771
production
.-_
M ft. b . m_- 37,385
Shipments
M ft. b . m__ 34,855
0)
0)
0)
0)
0)
0)
0)
43.00
43.00
43.33
45.00
46.00
46.00
45.00
11,462
12,392
9,942
779
8,219
7,350
392
8,215
7,722
528
9,463
9,912
3,697
10,956
6,912
8,738
7,174
13,355
10,169
13,489
10,898
22,178
12,103
10,260
22, 774
11, 211
9,800
16,398
11,283
10,119
9,239
1,803
9,322
8,220
265
6,535
21,169
6,367
26,739
8,330
23,233
8,324
25,653
8,022
28,913
6,302
24,350
3,516
24,999
5,713
27,083
10,492
139,608 120,979
73, 227 61,029
36.74
36.80
137,442 125,132
144,476 120,818
143,695
69,962
36.61
148,566
145,970
128,825
68,010
36.67
134,190
128,570
29,593
27,458
27,446
33,187
25,761
166,280 116, 592 127,556
70, 774 63, 683 62,093
37.43
37.65
35.38
106,838 109,805 130,515
143,349 129,264 137,051
38,045
41, 035
26, 326
30,353
23,704
40,142
25, G75
24,548
24,623
33, 721
27,939
30, 925
24,054
25,622
34,262
31,259
25, 411
24,819
33, 754
25, 628
26, 290
38,073
27,952
21,983
18, 506 28, 913
10, 261
6,] 84
7,506
7,072
124,184 150, 424 125,758 165, 856 162,250
90, 889 77, 275 72, 930 95,191
87,175
36. 61
35.75
37.01
36.78
37.63
125,928 141,315 124, 541 148,226 155,187
105, 743 121, 632 125,416 160, 755 170,446
28,514
31,097
30, 369
23, 716
29, 579
35, S18
31,318
27,068
34, 054
44,489
32,185
24, 711
32,
42,
36,
33,
649
619
945
984
41,120
48, 652
37, 208
35, 206
° Revised.
1
Data temporarily discontinued.
• New series. For data on lumber exports for period of January 1919 to September 1932, see p . 20 of the November 1932 issue. See special footnote below on lumber
production, shipments, and stocks.
f Data revised for 1932, see p . 44 of the June 1933 issue, exports of Douglas fir lumber and timber. Boot and shoe production for 1934, p . 45, March 1935 issue, for 1935
revision see p . 48 of the March 1936 issue.
• Data revised for 1933. See p. 20 of the September 1934 issue; for 1934 revisions see p . 19 of the December 1935 issue.
A New series on lumber production, shipments, and stocks compiled by National Lumber Manufacturers' Association and represent an estimate of the total lumber
cut based on monthly reports received from regional associations covering between 80 and 90 percent of the total cut in 1934 and 70 to 80 percent in 1935. No comparable
figures are available prior to January 1934.
H Series have been revised for period January 1934-October 1935. These are shown on p . 20 of the February 1936 issue.
X Beginning with January 1934 the report includes all known operators; prior to that time approximately 89 percent of the listed capacity.
§ Data revised for 1932. For revisions of exports of Southern pine lumber and timber, see p. 45 of the June 1933 issue. Data revised for 1933, see p . 20 of the September
1934 issue. For 1934 revisions see p. 19 of the December 1935 issue.
c? New series covering these items will be shown in a subsequent issuei
49
SURVEY OF CURRENT BUSINESS
July 1936
1936
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
1935
May
July
June
August
S
tierm"
1936
October
No
™
January
m
February
March
April
LUMBER AND MANUFACTURES—Continued
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!
percent of normal..
Shipments
no. of days' production..
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.)
59.0
41.0
48.0
49.0
53.0
61.0
62.0
61.0
59.0
60.0
58.0
58.0
59.0
5.0
18
7.0
10
7.5
6
3.5
18
5.0
13
4.0
15
6.0
14
8.0
15
13.5
8
3.0
19
9.0
12
10.0
13
6.0
9
18
10
9
18
18
19
16
16
12
18
16
13
20
56.0
11
14
34.0
7
14
40.0
8
16
44.0
13
19
48.0
11
21
55.0
12
24
56.0
14
24
58.0
13
21
57.0
11
22
57.0
12
22
57.0
12
24
57.0
13
22
54.0
11
67.5
84.0
83.5
87.5
68.5
89.9
86.0
76.6
68.5
89.9
86.0
76.6
66.9
89.9
86.0
76.6
65.7
89.9
86.0
76.6
66.3
89.9
86.0
76.6
66.3
89.9
86.0
76.6
66.3
89.9
86.0
78.0
66.3
80.9
86.0
78.0
67.5
84.0
83.5
87.5
67.5
84.0
83.5
87.5
67.5
84.0
83.5
87.5
67.5
84.0
83.5
87.5
METALS AND MANUFACTURES
IRON AND STEEL
Foreign trade, iron and steel:
Exports§
long tons.. 314,950
Imports*#
long tons— 59,391
Price, iron and steel, composite*
32.92
dol. per long ton._
Ore
Iron ore:
Consumption by furnaces
thous. of long tons—
Imports#
thous. of long tons..
199
Receipts:
Lake Erie ports and furnaces
thous. of long tons—
Other ports
thous. of long tons—
Shipments from upper Lake ports
thous. of long tons—
5,050
Stocks, total, end of month
thous. of long tons..
At furnaces
thous. of long tons—
Lake Erie docks
thous. of long tons—
Manganese ore, imports (manganese con36
tent)*
thous. of long tons—
286,599
47,719
289, 647 296,802
33,208 31,894
247,312
31,312
244,419
53,158
238,358 205, 242 239,269
59, 569 56, 637 53,678
241, 568 213, 802 264, 337 301,987
50,489
43,358 56, 720 49, 277
32.35
32.42
32.44
32.68
32.82
32.84
33.15
33.31
33.34
33.48
33.21
2,467
108
2,199
158
2,198
154
2,616
109
2,654
165
2,911
114
3,026
158
3,101
138
2,952
154
2,632
125
132
2,208
1,020
3,002
1,084
3,295
1,240
3,482
1,261
3,250
1,349
3,162
1,453
1,472
557
18
0
0
0
33.10
0
0I
3,504
4,242
4,461
4,781
4,818
4,601
1,557
0
0
25,325
21,203
4,122
27,002
22,841
4,161
29,509
25, 227
4,282
31,491
26,936
4,555
33,469
28,512
4,957
35,115
29, 756
5,359
34,277
28,964
5,313
31,342
26,248
5,093
28,404
23,434
4,970
25,809
20,904
4,904
12
11
16
14
16
19
15
13
54
30
44,136
45,027
55.3
48,854
31,136
34,729
41.1
37,573
25,668
27,548
33.5
31,905
25, 526
28,915
34.3
31,111
35,602
35,245
42.5
27,772
35,658
36,996
44.7
33,442
45,246
43,467
51.0
40,132
47,778
44,277
53.1
41,434
42,673
45,598
55.0
43,042
43,852
48,198
57.1
43,386
38, 278
40,611
49.9
39, 384
48,008
45, 536
55.9
46, 823
47,933
50,954
62.6
51, 840
86,385
147
54,465
97
49,180
81
50,635
95
56,815
99
59,250
104
67,655
116
70,095
122
66,825
120
63,660
117
64,550
120
68,395
12G
»84,915
144
19.00
19.96
18.00
18,94
18.00
18.96
18.00
18.96
18.00
18.96
18.00
18.96
18.00
18.99
19.00
19.96
19.00
19.96
19.00
19.96
19.00
19.96
19.00
19.96
19.00
19.96
21.39
2,648
20.39
1,727
20.39
1,553
20.39
1,520
20.39
1,761
20.39
1,776
20.39
1,978
21.39
2,066
21.39
2,106
21.39
2,026
21.39
1,824
21.39
2,040
21.39
2.404
0'
22, 933
18,199
4,734
Iron, Crude and Semimanufactured
Castings, malleable:*
Orders, new
short tons—
Production
short tons—
Percent of capacity
Shipments
short tons—
Pig iron:
Furnaces in blast, end of month:
Capacity
long tons per day—
Number
Prices, wholesale:
Basic (valley furnace)..dol. per long ton..
Composite pig iron
dol. per long t o n Foundry, no. 2, northern (Pitts.)
dol. per long ton..
Production
thous. of long tons—
Iron, Manufactured Products
Oast-iron boilers and radiators:
Boilers, range:f
Orders:
New.
_
number of boilers-. 65,679
51,548
64,845 83,929
64,341 55,136
80,689 106,605 69,459
70,890 62,143 62, 649 57,631
Unfilled, end of month, totaU
32, 319 55,291 35,842 23, 512 22,306 25,644 25,647 31,999
25, 545 25, 382 26,094
20,177
number of boilers— 24,662
61,815 88,486 92,883 69,922 61,808 84,328
63,500 57,723
65,409 65,658 64, 227 65,773
Production
number of boilers— 60,352
60,422 85,413 88,908 63,878 66,051
80, 591 64,338 48,726
77,344 62,306 61, 937 63, 548
Shipments.
number of boilers.- 61,194
38,176 42,220 37,753 41,490 40,652 49,625
29,458 32,201
37,690 41,042 43,332
45, 557
Stocks, end of month .number of boilers— 44,715
Boilers, round:
4,121
3,954
4,487
6,467
3,784
2,977
4,312
3,343
4,604
2,898
3,456
Production
thous. of lb—
3,639
3,287
2,243
2,710
6,879
9,485
4,957
3,120
2,437
Shipments
thous. of lb—
2,493
4,368
1, 664
3,647
1,683
4,018
Stocks, end of month
thous. of lb— 44,882 40,149 41,917 41,138
35,389
34,377 33,644
34,106 35,053 37, 738 35, 429
41,139 38,361
Boilers, square:
Production
thous. of lb_. 19,043
17, 599 18,454 17, 957 18,176
12,711
19,062
16,436
21,462 20,906 27,425 17,487 18,941
Shipments
thous. of lb— 13,552
21, 689 31, 761 41,380
20,325 16,330
13,786
16, 332
11,955
9,241
10,700
11,129
8,984
fc
Stocks, end of month
thous. of lb
150,558 136,149 141, 520 137,923 137,815 126,889 115,096 112,592 114,019 114,696 121,258 129, 933 127, 274
8
Revised.
• New series. Data on furniture activity, all districts, prior to April 1933 not published. For imports of iron and steel, see p. 20 of the November 1932 issue; for
malleable castings, p. 20 of the April 1933 issue. New series on iron and steel composite price was shown on p. 19 of the January 1935 issue.
§ For 1932,1933, and 1934 revisions, see p. 45 of the June 1933 issue, p. 20 of the September 1934 issue, and p. 19 of the December 1935 issue, respectively,
t Revised. Data prior to April 1933 not published on plant operations. For range boilers, see p. 20 of the July 1934 issue.
• Imports from Cuba not included.
# See footnote on p. 37 of this issue. For 1933 and 1934 revisions, see p . 20 of the October 1934 issue and p. 20 of the December 1935 Issue, respectively.
1 Distribution of unfilled orders of deliveries of 30 days or less and deliveries of more than 30 days has been discontinued by the reporting source.
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
1936
May
July 1936
1935
May
June
1936
DecemAugust SeptemOctober November
ber
ber
July
January
February
March
April
METALS AND MANUFACTURES—Continued
IRON AND STEEL—Continued
Iron, Manufactured Products—Con.
Cast-iron boilers and radiators—Continued
Boiler fittings, cast iron:
Production
short tons..
Shipments
short tons..
Boiler fittings, malleable:
Production
short tons..
Shipments
_
short tons..
Radiators:
Production
thous. of sq. ft. heating surface..
Shipments
thous. of sq. ft. heating surface,.
Stocks, end of month
thous. of sq. ft. heating surfaceRadiators, convection type:*
New orders:
Heating elements only, without cabinet ? or grilles
thous. of sq. ft. heating surface^—
Heating elements, including cabinets
and grilles
thous. of sq. ft. heating surfacet-
5,768
5,923
3,870
4,271
3,610
4,321
4,201
4,696
5,542
6,210
5,860
6,330
7,451
8,454
6,835
6,620
5,589
4,248
5,730
5.194
5,107
5,217
5,721
5,325
6, 032
5,940
4,196
4,442
3,228
3,014
3,107
2,873
3,073
3,036
3,620
3,481
3,627
3,392
4,162
4,670
4,532
4,357
3,794
2,503
3,970
3,393
3,982
3,475
3,817
3,663
4,296
4,201
6, 345
6,253
5,304
4,742
3,422
5,937
7,430
5,037
4,706
4,733
4,951
5,046
4,175
2,835
3,462
4,675
6,470
7,701
10,055
6,616
5,413
4,183
3,086
2,720
3,549
40, 368
35, 388
36, 753
35,610
35,384
33,853
31, 493
30,000
29,420
30, 243
32, 224
34, 779
36, 997
74
49
56
82
74
59
145
62
63
51
233
153
148
167 j
243
187
136
121
117
202
208, 732
174,640
370,588
245, 519
228,210
370,180
338,449
321,312
386, 716
269,863
243,262
402, 707
199.43
197. 53
202.01
207.62
207. 70
207. 80
888,888
279,016
208,213
865,904
283, 524
189,044
760, 743
274,078
164,808
773, 531
264,896
174, 671
753, 635
300,160
146,128
770,024
307,018
153,937
890,631
312,172
193,944
801,207
292, 709
169,204
822,997
213,599
245,107
830,241
243,535
222,447
937,394
257,005
258,369
949, 349
218,000
298,499
2,526
2,322
2,101
2,391
3,193
3, 251
2,195
9,683
4,506
2,309
10, 688
4,122
2,417
10, 600
3,702
2,771
9,405
3,645
2,915
8,579
127,764
161,199
319, 589
250, 648
217,842
218,834
333, 240
191,060
187,981
381, 675
293,904 236,890
216, 745 295,880
403, 381 363, 914
36, 232
29, 640
25, 600
25,295 j 29,863
34,439 j 47,301 j 33,670
32,285
35,097
27,917
29, 083
24.4
4,779
30, 646
25.7
4,867
30, 257
25.4
6,480
27, 665
23.2
5,443
34, 570
29.0
9,574
31,125
26.1
5,857
29,995
25.2
5,616
35,411
29.7
10, 568
34,553 32,714
29. 0 27.4
8, 201 7,071
42, 597 36,165
35.7
30. 3
12,347
10, 024
40,529
34.0
13,919
37,793
31.7
10,076
59,019
49.5
22, 542
44,298
37.1
13, 373
51,701
43.4
16,650
47, 954
40.2
15,830
31,378
71,341
59.8
32, 542
51, 674
43. 3
17, 385
33, 512
63,950
53.6
25,755
64,246
539
25, 857
4,046
71
2,634
44
2,259
41
2,268 ; 2,916
39
49
3,150 3,073
3,046
51
2,964
3,343
3, 942
54
59
69
. 0236
.0244
.0244
.0244
.0243
.0237
.0236
28.00
27.00
27.00
27.00
.01S0
12.88
. 0180
10. 06
.0180
9. 97
.0180
10.35
28.20
. 01 SO
14.75
28.00
0180
14. 34
984, 097
598, 915
14,118
578,108
547,794
Barrels, steel:
Orders, unfilled, end of month.__number.. 400,184
Production
..number.. 636,449
47.5
Percent of capacity
Shipments
..number.. 643,841
Stocks, end of month
number.. 19,599
971, 344
471, 592
34.7
474,139
27, 379
976,634
460,737
34.0
457,370
30,746
!932,843
I 509,121
} 37.4
505,942
i 34,925
I
113
231
170
130
341, 770 362,580
312,007 326,585
400,018 407,886
464,176
408,402
387,233
292, 770
283,996
393,481
Sanitary Ware
Bathroom accessories:!
Production
number of piecesShipments
number of piecesStocks, end of month
number of piecesPlumbing brass. (See Nonferrous metals.)
Plumbing and heating equipment, wholesale
price (8 pieces)*—
dollarsPorcelain enameled flatware:
Orders, new, total.dollarsSigns
dollarsTable tops._
dollarsShipments, total
dollarsSigns.
dollarsTable tops.
dollars..
Porcelain plumbing fixtures:
Orders:
New, net
number of piecesUnfilled, end of month
number of piecesShipments
..number of pieces..
Stocks, end of month...number of pieces..
Vitreous-china plumbing fixtures: t
Orders:
New, netnumber of pieces.
Unfilled, end of month
number of pieces.
Shipmentsnumber of pieces Stocks, end of month...number of pieces.
212.10
266, 574 300,108
216, 910 254, 473
488, 747 526,039
208.18 « 209.35 « 212.25
208.13
816,050 751,629
236,380 191,827
195,795 236,173
817,866 676,656
249,153 196, 287
195, 707 169,096
773,108
283,139
197, 974
666,820
172,813
194, 726
786, 380
223, 994
196,817
727,162
169,453
187,073
370, 732 447, 533
335,338 386, 783
553.141 587, 891
0
212. 31
1
212.19
877, 598
206,115
154, 291
908,433
220, 427
176. 295
1,088,105
265,338
238,447
1,076,233
315, 556
205,747
2,864 |
3,095
2,158
1,594
2,529
2,288
1,692
2,441
3,026
6,635
3,583
2,713
6,685
2,763
2,746
6,874
1,912
1,935
7,268
2,722
1.597
7,836
3,227
1,730
8,595
2,753
2,068
8,962
3,053
1,896
9,515
179,928 | 132,378 132,867
139,596
373,413
204,249
165, 624 143, 323
128,020 281,827 256,377
124,197 219, 606 229, 699
629, 750 645,898 642,893
194, 337 168, 820
227, 664 168, 840
674, 282 738, 580
175,140
241,678
359,308
112, 621
137, 535
516, 677
117, 289
190, 229
424,242
Steel, Crude and Semimanufactured
Bars, steel, cold finished, shipments
short tons..
Castings, steel:*A
Orders, new total
short tons..
Percent of capacity
Railway specialties
short tons..
Production, total
short t o n s Percent of capacity
_
Railway specialities
short tons.
Ingots, steel:§
Production
thous. of long tons..
Percent of capacity
Prices, wholesale:
Composite, finished steel
dol. per lb.Steel billets, Bessemer, Pittsburgh
dol. per long ton..
Structural-steel beams, Pittsburgh
dol. per lb._
Steel scrap, Chicago
dol. per gross ton..
U. S. Steel Corporation:
Earnings, net
thous. of doL.
Shipments, finished products*.-long tons..
45,426
38.1
17,111
34,972
29.3
2,825 ! 3,143
51 !
53
.0243 j
! .0243
.0243
27.00j
27.00
27.00
; .0180
.0180 |
.0180
12.50
|
12.38
12.50
13,470 i
! 624,497 614,933 !686,741
i
j
55 |
56
.0243 I
' .0243 j .0243
83,188
69.8
45,942
63, 087
52.9
24, 712
29.00
i 28.00
29. 00
. 0180
i .0180 13.35
| 13.00
20,418
681,820 661,515
.0180
13.38
29.00
.0180
14.19
21,414
676,315
930,831 853,986 725,748 620, 571 341,693
529,414 532, 433 790, 057 535, 514 478, 592
40.2
38.9
36.0
58.9
38.8
528, 338 530, 433 791,469 537,947 j 480,918
38.001
36,001
36, 589 34,156 I 31,830
400.608
479,873
35.9
478,588
29.171
17, 665
783S 552 979, 907
Steel, M a n u f a c t u r e d P r o d u c t s
I 349,752 \ 341,248
I 476,465 j 578,705
| 35.6 i 43.3
| 471,481 ! 577,240
i 34,155 i 35,200
I 299,745
I 650,028
|
48.5
! 658,657
i 26,991
« Revised.
• D a t a on convection type radiators, prior to January 1932 not available For earlier data on wholesale price of plumbing and heating equipment, see p. 20 of the
J a n u a r y 1933 issue; for steel castings, p. 20 of the October 1934 issue; and for United States Steel Corporation shipments, see p . 13 of the January 1934 issue.
t In equivalent direct radiation.
f Revised series. For earlier data on bathroom accessories see p . 20 of the October 1933 issue. D a t a on vitreous china plumbing fixtures revised beginning January
1933, see p. 47 of the April 1935 issue; revisions for 1933 will be shown in a subsequent issue.
A Steel casting series revised January 1935 by the increase of the number of companies from 164 to 180; comparable data not completed for 1934 and earlier years.
Figures for 164 companies in January 1935 were new orders, total 31,816, percent of capacity 20.3; new orders, railway specialties, 6,835; production, total 28,519; percent
of capacity 18.2; production, railway specialties 6,052.
§ For 1932 revisions see p. 46 of the July 1933 issue: for 1933, p. 47 of the August 1934 issue; for 1934, p. 50 of the August 1935 issue.
Revised figures for the first quarter
of 1935 are: January 2,870,000, February 2,774,000, and March 2,865,000 long tons
SURVEY OF CURRENT BUSINESS
July 1936
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
1936
May
1935
May
June
July
51
1936
Decem- January FebruAugust SeptemOctober November
ary
ber
ber
March
April
METALS AND MANUFACTURES—Continued
IRON AND STEEL—Continued
Steel, Manufactured Products—Con.
Boilers, steel, new orders:
723
641
391
544
464
590
519
575
810
685
623
Area
thous. of sq. ft_.
784
721
961
705
594
536
735
829
595
634
523
587
Quantity
number of boilers..
787
Furniture, steel:
Business group:
Orders:
1,514
1,331
1,618
1,520
1,237
1,236
1,333
1,393
1,507
1, 667
1,583
1,619
1,427
New
thous. of dol..
1,036
975
746
845
943
948
980
945
964
908
940
913
Unfilled, end of month-.thous. of dol_.
882
1,562
1,214
1,451
1,137
1,361
1,558
1,586
1,225
1,327
1,591
1,586
1,634
Shipments
thous. of doL.
1,484
Shelving:A
Orders:
414
325
272
257
313
309
336
348
370
389
323
419
378
New
thous. of dol..
262
167
198
130
152
216
210
212
196
243
206
235
229
Unfilled, end of month._thous. of doL.
257
381
291
260
342
346
371
379
342
329
382
384
Shipments
thous. of dol—
Safes:
Orders:
172
189
182
228
207
145
170
200
188
251
145
227
203
New
thous. of doL.
173
255
218
257
268
281
277
285
197
277
190
169
Unfilled, end of month__thous. of dol..
287
185
205
207
185
164
159
205
180
244
150
210
176
Shipments
thous. of dol..
134
219
206
251
238
147
246
261
313
204
235
232
255
Lock washers, shipments
thous. of dol..
203
Plate, fabricated steel, new orders, total
27,830 29, 787 29,900
17,914
17,630
18,890 23,628 31,105 30, 530 19,116 35, 584 38,709
short tons.. 49,285
1,872
5,940
9,341
4,193
3,690
3,505
3,531
2,617
3,354
9,311
3,620
Oil storage t a n k s . . . .
short tons..
5,678
5,850
Sheets, black, blue, galvanized, and full finished:
Orders:
New___
short tons.. 191,511 149,725 128,957 206,313 207,140 196.423 226,209 289,101 203,318 174,805 138, 244 251,818 190,269
Unfilled, end of month
short tons.. 217,831 144,392 112,944 170,299 204,108 198.424 211,452 286,799 299,394 267, 673 231, 660 280,493 221,950
Production, total
short tons.. 224,056 191,507 143,309 145,505 206, 613 190,701 222,963 224,541 208,774 223,000 191,359 207, 820 217, 975
62.9
63.8
47.7
48.1
68.3
63.0
73.5
74.1
68.9
73.3
73.6
68.3
71.6
Percent of capacity
-.
Shipments
short tons.. 210,127 186,971 160,812 152,146 180,893 176,897 220, 536 213,453 195,077 207, 437 175, 702 209, 673 252, 441
168,
572
124,442
126,531
125,378
138,432
142,922
146,306
149,122
149,
213
152,
283
138,
510
141,
916
124,239
Stocks, end of month, total
short tons..
71,345
74,099
72,632 75,391
75,581
83,200 81, 597 74,516
84,037 86,971
70, 648 65, 783
Unsold stocks
short tons.. 72, 333
Tin and terneplate:*
190
140
Production...
thous. of long tons..
4,210
7,314
4,054
4,028
2,962
3,495
3,090
4,116
3,025
7, 031
Track work, production
.short tons..
6, 258
3,366
4,228
MACHINERY AND APPARATUS
Air-conditioning equipment :f
1,405
1,958
1,522
1,502
1,713
1,418
1,359
Orders, new, total
thous. of dol..
(0
0)
0)
)
0)
252
135
215
173
96
154
60
0)
Air-washer group
thous. of doL.
170
0)
0)
0)
0)
704
673
813
895
596
693
586
1,059
Fan group
thous. of dol..
690
948
571
854
954
1,021
449
495
435
715
1,151
564
571
713
Unit-heater group-thous. of doL.
576
711
561
Electric overhead cranes:
Orders:
349
194
386
682
154
392
440 !
245
572
New
thous. of dol..
363
1,676
1,194
,782
1,604
1,166
1,082
1,801 ! 1,475
1,318
1,700
Unfilled, end of month
thous. of doL.
2,641
2,026
1,723
373
274
217
332
233
221
471
476
217
Shipments
thous. of dol..
277
317
268
Electrical equipment. (See Nonferrous
metals.)
Exports, machinery. (See Foreign Trade.)
Foundry equipment:
Orders:
110.4
118.1
165.4
100.2
140.0
100.4
94.0
113.0
100.7
127.0
New
1922-24=100..
128.5
115.0
134.0
130.4
90.8
135.6
119.2
Unfilled, end of month
1922-24=100..
126.5
142.3
164.7
117.7
107.5
142.6
144.5
94.4
123.2
114.5
82.2
145.2
147.6
102.3
97.2
67.0
110.4
Shipments
1922-24=100..
124.7
119.7
146.7
124.0
105.1
Fuel equipment:
Oil burners:*X
Orders:
7,139
7, 765
10,174
9,553
9,677 10,434
7,275
New
no. of burners.. 12,578
15,320 29,090 24,088
9, 23/1
10,373
1,531
1, 648
1,108
1,325
2,108
1,612
Unfilled, end of month.no. of burners..
1,487
2,739
2,089
3,807
1,860
2,034
2,365
7,095
7,729
10,044
9,
738
25,657
10,049
7,436
Shipments
no. of burners.. 12,204
27,143
9,670 15,549
8,732
10, 042
15,565
14,114
12,047
14,101
13,437 14,057
Stocks, end of month
no. of burners.. 18,794
13, 966
18, 422 11,631
15,090
17,005
16, 901
Pulverized-fuel equipment:
Orders, new, storage system:
0
0
0
Furnaces and kilns-.no. of pulverizers..
0
0
0
0
0
2
0
0
1i
0
Water-tube boilers,.no. of pulverizers..
0
0
0
0
0
0
0
0
0
0
0
Orders, new, unit system:
1
1
1
0
2
Fire-tube boilers. - .no. of pulverizers..
0
1
0
0
1
1
16
9
2
7
Furnaces and kilns.no. of pulverizers..
3
13
6
8
2
3
2
6
33
11
24
Water-tube boilers.no. of pulverizers..
4
13
10
17
20
25
7
38
16
Stokers, mechanical, new orders:f
3,078
2,342
4,287
8,777
2,432
2,872
Class ], residential
number..
1,706
4,931
2,065
3,547
8,687
2,745
2,376
Class 2, apartment and small commer281
359
158
683
cial
number..
190
107
187
123
130
615
130
Class 3, general commercial and small
108
55
145
268
41
commercial heaters
number..
96
272 |
164
84
44
40
Class 4, large commercial:
|
126
196
310
213
161
178
199
133 !
Number
345 !
269
183
152
132
34,166
34,849
27, 297 25,120 24, 775 43, 080
Horsepower
32,548 i 34,821
43,594 47, 355 55,260 I 51,031
36,935
Machine tools:®
Orders:
98.6
112.1
80.0 ;
New*
avg. mo. shipments 1926=100..
119.8
118.9
73.3 i 91.1
125. 8
105. 3
Pumps:
Domestic, water, shipments:!
Pitcher, hand, and windmill
units.. 41,259
36, 964 29,859 33, 734 33,863
30,014 j 21, 775 22, 358 19, 493 39, 221 35,621 ! 41,192
40, 004
613
681
659
964
Power, horizontal type
units..
1,004
939
1,229
968
879
782 I
915
772
Measuring and dispensing, shipments:
Gasoline:
592
569
564
583
426
639
662 !
Hand-operated..
units..
672
776
728 !
851
500
3,992
4,901
4,517
5,121 ! 5,491
4,785
Power.
units..
5,120 I 4,451
5,757
7,551
5, 226
8,703
|
Oil, grease, and other:
5,993
8,166
7,631 j 7,963
4,401
Hand-operated
units..
8,257 i 7,433
8,005
5,678 !
7,048
9, 492
9,720
823
956 I 1,178 699
719 i
966 i
881
Power
units..
651
1,030
1, 259
844
1
Comparable data not available. See the regular monthly report of the Census Bureau for detailed data on this industry.
New series. For earlier data see p. 20 of the December 1932 issue for tin and terneplate and p. 20 of the July 1934 issue for machine tools (including forging equipment). Current oil-burner series, available only back to January 1933, are based on reports from 160 concerns.
t Revised series. Data on air-conditioning equipment revised starting January 1933; see footnote on p. 48, April 1935. The revisions for 1933 will be shown in a subsequent issue.
X Oil burners revised for 1934 and 1935, to exclude data erroneously reported. See p. 51 of the April 1936 issue. Data for 1933 and 1934 will be shown in a subsequent
issue.
A Revised data on steel furniture shelving for years 1932, 1933, and 1934 will be shown in a subsequent issue.
1 Revised series on mechanical stokers, see p. 48 of the April 1935 issue; domestic pumps starting January 1934, see p. 49 of the April 1935 issue.
• Series covering shipments and unfilled orders temporarily discontinued
52
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
1936
May
July 1936
1935
May
June
July
1936
DecemAugust SeptemOctober November
ber
ber
January
February
March
April
METALS AND MANUFACTURES—Continued
MACHINERY AND APPARATUS-Con.
Pumps—Continued.
Steam, power, and centrifugal:
Orders, new
_
thous. of dol.
Water-softening apparatus, shipments^
units.
Water systems, shipments^ 1
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.
NONFERROUS METALS AND
PRODUCTS
Metals
Aluminum:
Imports, bauxite#
long tons..
Price, scrap, cast (N. Y.)
dol. per lb_.
Babbitt metal (white-base antifriction bearing metals):
Production!
thous. of lb__
For own use
thous. of lb_.
Salesf
thous. of lb_.
Copper:
Exports, refined*
short tons..
Imports, total§ #
short tons..
Ore and blister
short tons..
Price, electrolytic (N. Y.)
dol. per lb..
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 lb..
Production.
short tons..
Shipments, reported
short tons..
Stocks, end of month
short tons..
Tin:
Consumption in manufacture of tin and
terneplate*
long tons..
Deliveries
long tons..
Imports, bars, blocks, etc.#
long tons..
Price, Straits (N. Y.)
dol. per lb..
Stocks, end of month:
World, visible supply
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 lb..
Production, total (primary)f..short tons..
Retorts in operation, end of mo..number..
Shipments, totalf.
short tons..
Domesticf
short tons..
Stocks, refinery, end of month t.short tons..
Electrical Equipment
Furnaces, electric, new orders
kilowattsElectrical goods, new orders^ (quarterly)
thous. of dol_.
Laminated phenolic products, shipments
dollars .
Mica, manufactured:
Orders, unfilled, end of month
thous. of dol.
Shipments
thous. of doL
Motors (direct current):
Billings (shipments)
dollarsOrders, new...
dollarsPanel boards an ] cabinets, shipments
thous. of dol.
Porcelain, electrical, shipments:
Special
dollarsStandard..._
dollarsPower cables, shipments
thous. of ft.
Power switching equipment, new orders:
Indoor
dollarsOutdoor
dollars.
Reflectors, industrial, sales
units.
Refrigerators, household, sales* numberVacuum cleaners, shipments:
Floor cleaners
.number.
Hand-type cleaners*.
..number.
1,029
676
538
747
741
615
658
719
832
1,039
1,044
1,068
1,066
1,014
13,106
592
11,685
535
10,989
493
10,827
577
11,060
583
8,560
812
8,946
715
8,125
666
7,195
754
9,856
737
6,371
980
10,364
°l,031
11, 496
9
439
604
12
286
451
5
284
463
5
400
515
1
304
456
11
281
422
2
404
441
9
311
404
520
462
12
449
538
412
581
5
417
632
247
444
157
249
185
268
177
322
240
384
170
302
249
373
241
188
419
190
361
201
365
224
358
7
377
610
217
383
28,003
.1207
17,663
.1238
16,670
.1146
18,272
.1138
19,047
.1164
17,960
.1219
16, 246
.1251
14,534
.1263
24,439
.1263
24,251
.1260
18, 997
.1257
19,938
.1263
21, 685
.1257
2,312
420
1,893
1,840
439
1,401
1,815
601
1,214
1,880
549
1,331
1,893
422
1,471
2,002
384
1,618
2,294
650
1,643
2,113
613
1,500
1,954
469
1,485
2,510
546
1,964
2,013
524
1,489
2,064
453
1,612
2,414
549
1,865
19,683
15, 700
16,805
16,837
16,070
.0878
27,252
16,492
15, 754
27,079
26,197
24,967
.0778
30,900
10,568
9,652
.0798
20,050
22, 239
21,087
.0850
20,275
24,327
23,095
.0897
25,592
20,772
20,118
.0903
22,104
27, 456
25, 255
.0903
12,573
14, 749
12,935
.0903
19, 313
16,723
17,438
16, 427
16, 700
11,310
.0903
.0903
.0917
30, 547
4,540
24,302
1,157
22,952
25,863
3,437
29,890
6,292
28, 599
2,628
27,847
3,006
31,412
31, 648
8,639
29,464
3,183
28,195
6,467
29, 341
4,550
29, 535
2,950
2,967
1,430
771
2,181
.0450
.0450
37, 958 34,088
42, 333 34,590
222, 306 224,013
.0452
32,221
33,086
225,010
.0396
.0402
.0460
39, 558 33, 202 29,332
26,978
33,125 32,341
229,409 225, 057 231,077
1,143
1,440
1,774
.0425
.0412
30,488 30,807
34, 575 38,195
230,915 227,583
.0441
29,358
37,615
224,992
.0451
37,844
42,271
225,309
7,977
1,217
742
521
.0450
36,229
43,035
222,636
3,300
5,235
5,493
.4630
3,100
3,950
5,224
.5110
2,280
4,615
5,320
.5107
2,610
6,290
4,179
.5229
2,850
5,320
4,615
.5044
1,790
5,360
6,773
.4907
1,890
5,355
4,095
.5121
2,120
4,035
4,700
.5188
2,350
5,360
6,287
.4977
2,300
6,635
6,646
.4724
15, 967
2,941
16, 718
4,930
14,275
5,467
13,162
3,227
13,246
2,681
11,939
2,849
13,425
1,389
15, 049
1,472
13,782
2,312
13,338
2,985
40,900
33, 560
15,204
25,938
23,013
23,725
28,296
23,529
38, 584
25,865
36,436
25,409
34,736
23,093
48,579
25,344
40,889
21,000
.0454
.0433
35,120 35,547
33, 884 32,942
32, 306 38,824
32, 306 38,824
115, 723 112,446
.0467
36, 221
34,870
42,351
42,351
106,316
.0483
36, 716
34, 777
47, 063
47, 063
95,969
.0485
37,469
36,650
48,172
48,172
85, 266
1,609
1,903
2,055
.0422
.0430
.0490
44, 905 34, 572 34,637
41,048 32,389 33,836
43,977 35,627 29,353
43, 977 35,604 29,353
81, 710 107,625 112,909
3,637
1,586
783
6,704
1,583
134,925
1,145,695 816, 314 643, 770 740,922
132
202
524,953
613,371
2,850
6,235
4,994
.4694
15,607
3,523
16,074
3,968
13, 328
2,713
35,200
24,900
36,770
25,130
38, 640
26, 930
40,060
28,070
.0485
40, 550
38,329
42, 058
42,058
83,758
.0485
41,917
38, 205
46,468
46,468
79, 207
.0486
36, 228
38,004
39, 918
39, 918
75, 517
.0490
42, 483
37, 922
38,159
38,159
79, 841
.0490
43, 252
41, 400
42,311
42,311
SO, 782
1,369
2,258
3,903
2,992
3. 246
801, 292 832,902 1,061,285 878,041
813,455
109
187
490,201
405,167
121
147
124
106
119
77
172
161
117
158
401, 708 358, 543 432, 406 366, 222 374, 026
433,141 348,349 403,480 357,945 454,450
150
166
179
201
348,942
445,613
571,756
625,708
259
258
279
374
285
338
293
306
68,473
27,898
374
62,882
33, 566
542
64, 793
30, 284
355
62, 711
28,902
325
79, 377
34, 737
332
101,108
41, 249
455
83,238
35,458
293
70, 698
26,881
233
77,795 35, 308 30,180 50,452 45,823 46, 781
162,163 161, 634 98,066 139, 512 130, 628 102, 719
62, 608 65,068 68, 635 71, 093
88, 971
329,140 244, 602 161,525 '154,227 110,161 53, 622
43, 435
127, 347
83,002
43, 706
84,436
48, 089
533
105,275
32,175
73,086
27,321
58, 701
22,521
56,906
13,950
65,128
16, 227
78, 343
27,478
93,627
29,047
718
.0460
36,175
40,457
220,991
2,350
5,520
6,104
.4799
2,400
5,600
6, 525
.4792
139,012
143,132
946
.0460
32,184
3, 743
153,452
826, 393 844, 374 924, 238 1,004,258
135
178
432,481
454,601
81,004
53,858
323
113
153
157
188
143
210
533, 595 424,944
612, 483 585,348
518,357
594,719
78, 914
29,923
419
77, 690
27, 694
446
92, 637
35, 228
408
46,328 64, 691 41, 637 63,163 57, 981
135, 293 115, 247 91, 522 156,313 166,011
87,811 81,807 97,360 70, 693 89, 044
75,904 119,764 179, 056 272,139
46,930
68, 080
214, 250
111,617
304, 089
85,816
29,261
86, 763
26,570
74, 733
24,999
86,084 114,001
23, 769 35,878
104, 559
29, 588
• New series: For earlier data, see p. 20 of the December 1932 issue, for tin and terneplate; p. 20 of the July 1935 issue, electric reirigerators; and p. 20 of the August 1934
Issue, for hand-type vacuum cleaners.
t Data for Babbitt metal revised for the period January 1932-December 1935: see p. 20 of this issue. For 1933 revisions on zinc see p. 49 of the January 1934 issue; for
1934 see p. 49 of the February 1935 issue; for 1935, see p. 52 of the February 1936 issue,
t Present series on water systems cover 52 companies.
• For revisions for 1932, see p. 48 of the June 1933 issue; for 1933, p. 20 of the September 1934 issue; for 1934, p. 19 of the December 1935 issue.
§ Data for 1932 revised; for 1932 revisions, see p. 48 of the June 1933 issue, total imports of copper.
• See footnote on p. 37 of this issue. Data for 1933 revised; see p. 20 of the October 1934 issue. For 1934 revisions, see p. 20 of the December 1935 issue.
\ Revised series on water systems starting January 1934; see p. 49 of the April 1935 issue; for earlier data on new orders for electrical goods, see p. 19 of the Angust 1933
issue. New series on water-softening apparatus revised starting January 1933; revisions for 1933 will be shown in a subsequent issue.
53
SURVEY OF CURRENT BUSINESS
July 1936
1936
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
1935
June
May
July
August
1936
SeptemNovem- DecemOctober
ber
ber
ber
January
February
March
April
METALS AND MANUFACTURES—Continued
NONFEKROUS METALS AND
PRODUCTS-Continued
Electrical Equipment—Continued
Vulcanized fiber:
Consumption...
_
Shipments.Welding sets, new orders:A
Multiple operator
Single operator
thous. of lb—
thous. of dol—
2,248
471
1,871
434
1,716
7
324
0
413
units..
units. _
1,579
344
1,524
420
1,423
420
1,782
509
2,112
440
1,718
387
1,781
455
1,635
417
1,830
492
2,129
470
3
387
2
479
0
480
7
430
0
467
0
543
2
796
0
810
2
1,048
1
1,073
4,507
5,297
5,195
6,294
5,944
5,894
5,948
5,645
5,897
6,012
1,048,172 1,156,791 1,195,230 1,388,845 1,131,066
916,783
Miscellaneous Products
Brass and bronze (Ingots):*
Shipments and deliveries.
net tons..
Brass, plumbing:
Shipments*^
number of piecesBrass sheets, wholesale price, mill
dol. per lb—
Copper, wire cloth:
Orders:
New
thous. of sq. ft—
Unfilled, end of month__thous. of sq. ft—
Production
thous. of sq. ft.Shipments
thous. of sq. ft_.
Stocks, end of month
thous. of sq. ft_.
5,747
4,620
4,111
1,001,767
995,808
.151
.143
.143
.136
.138
.142
.145
.146
.146
.146
.146
.146
.148
416
441
387
386
706
443
424
373
797
411
472
376
375
801
441
509
358
375
787
417
486
416
419
781
439
560
375
359
788
483
442
440
741
424
527
384
396
725
386
505
379
395
695
418
528
447
398
370
495
406
416
413
516
424
411
709
369
412
450
439
702
388,244
96,445
120,807
135,317
78,217
57,100
29,399
6,276
386,523
99,402
121,148
130,975
75,236
55,739
28,821
6,177
90,263
35,760
6,002
44,894
29,938
14,956
2,924
683
416,019 \
107,642
139,951
129,249
77,100
52,149
32,099
7,078
420,037
106,885
139,329
134,290
79, 704
54,586
32,381
7,152
90,080
31,097
5,285
49,735
32,639
17,096
3,206
757
393, 587
97, 545
130, 084
128,983
76, 640
52,343
30, 639
6,336
397,913
100, 725
131, 642
128,423
77, 528
50,895
30,989
6,134
94,406
34,277
6,843
49,175
33, 527
15,648
3, 556
555
405,472
102,102
136, 497
127,281
77, 726
49,555
32,873
6,719
417,948
110,057
136,076
133,143
80, 749
52, 394
31,794
6,878
106,172
41,479
6,422
55,080
36,593
18,487
2,477
714
443, 272
110,806
136, 761
154,300
98,791
55,509
34,784
6,621
441,901
120,054
137,792
142,459
90, 474
51,985
35,104
6,492
104,819
50, 727
7,471
43,239
28,276
14,963
2,797
585
243,858
28,116
213,837
20,392
160,649
13, 796
143,576
20,457
122, 060
13,905
1.90
1.90
1.90(
1.90
1.90
1,240,615 1,155,921 1,210,393 1,275,836
PAPER AND PRINTING
WOOD PULP1
Consumption and shipments
short tons—
Groundwood
short t o n s . .
Sulphate
short tons—
Sulphite, total
short tons—
Bleached.
short tons—
Unbleached
short tons—
Soda
short tons—
Damaged, off-quality & misc'Lshort tons—
Production, all grades
short t o n s . .
Groundwood...
short t o n s . .
Sulphate
...short tons..
Sulphite, total
short t o n s . .
B leached
short t o n s . .
Unbleached.
short tons—
Soda
short tons—
Damaged, off-quality & misc'L .short tons—
Stocks..
_
short t o n s . .
Groundwood
short tons—
Sulphate.._
short tons-.
Sulphite, total
short tons—
Bleached.
short tons—
Unbleached
.
short tons—
Soda
short tons—
Damaged, off-quality & misc'L .short tons—
Imports:
Chemical, totalf#
-.short tons—
Groundwood#
.short tons—
Price, wholesale, sulphite, unbleached
dol. per 100 l b PAPER§
Total paper:f
Paper, including newsprint and paperboard:
Production
short tons_
Paper, excluding newsprint and paperboard:
Orders, new
short tons^
Production!
_
short fons.
Shipmentst
short tons.
437,970
112,758
148,433
138,504
84,910
53,594
31,669
6,606
450,261
120,427
148,047
142,889
90,265
52,624
32,282
117,109
58,396
7,085
47,624
33,631
13,993
3,409
595
*385,147 «364,778
»102, 672 «93,018
113,251 115,381
133,814 122, 298
81,515
76,558
52, 299
45, 740
29,317
26, 909
6,093
7,172
°387,638 «357,437
"109,987 "94,493
113,421 114, 527
129,934 114, 223
77, 656
69,942
44,281
52, 278
28,276
27,000
7,194
6,020
"134,318 «126,977
a
«72,057
73, 532
5,855
5,001
51,104
43,029
33,050
26,434
18,054
16,595
4,507
4,598
795
817
'356,081 •379,149 '362,504
°87,967 °90,857 °86,047
115,875 127,001 120,234
116,810 125,226 121,767
72,675
73,843
76,036
42,967
49,092
49,190
29,563
27,126
27, 588
6,502
7,841
7,330
'353,839 '371,159 "355,416
a
81,946 °79,630
«75,357
116,216 128,039 119, 590
120,099 127, 707 125,671
77,875
78,109
76,486
42,224
49, 598
49,185
29, 399
27, 787
27,541
6,384
7,791
7,257
>124,735 »116, 704 *109, 616
°67,551 «56, 284 «45,594
5,342
6,736
46,278
48,759
52,663
32, 539
30,466
36,350
16, 220
15,812
16,313
4,632
4,797
5,047
649
767
576
401,864
98,365
127,598
136, 623
78, 624
57,999
30,483
8,795
389,331
89,067
126, 332
135,193
78,227
56,966
30,022
8,717
97,683
4,470
51,233
35,953
15,280
4,586
498
394,485
98,100
124,418
134, 291
79,011
55,280
30,256
7,420
388,785
94,007
125,609
132, 294
75,977
56,317
29,171
7,704
91,984
32,803
5,661
49,236
32,919
16,317
3,502
782
199,812
23,621
166,048
21,437
165,397
18,368
155,406
16, 744
147,952
11,715
151, 705
14,300
165,848
14,818
228,504
31,097
1.91
1.90
1.90
1.90
1.90
1.90
1.90
778,059
713,999
694, 705
806, 564
752,268
914,328
783,476
714,352
823,183
'757,764
782, 517
426,046
431,455
417,334
340,925
380,324
368, 583
349,842
361,701
361,474
430,907
440,277
435,108
411,755
391,410
390,179
493,920
488,758
484,827
398,223
410, 231
411,507
368,540
394, 889
381,314
456,210
472,919
475,790
399, 512
414,408
401, 545
451, 607
420, 753
416.391
° Revised.
• Since January 1934 the figures are more complete than those on deliveries previously shown. Shipments of the concerns formerly reporting contribute about 80-85
percent of the total for the present series.
• These series have covered a varying number of companies for period covered in survey; percentage of industry coverage not known. Reports have been from 12
companies since January 1934.
t In September 1935 3 firms discontinued reporting; data of 3 firms of equal size were added, thereby maintaining the comparability of the series.
t Revised series. See p . 49 of the June 1933 issue for 1932 chemical wood pulp imports. Data on total paper for 1934 revised. Revisions for months not shown in the
August 1935 issue will appear in a subsequent issue.
* New series. Data prior to October 1931 not published on plumbing brass.
# See footnote on p. 37, of this issue. Date for 1933 revised; see p . 20 of the October 1934 issue. For 1934 revisions see p . 20 of the December 1935 issue.
§ T h e figures on paper (including total, fine, and wrapping) are as reported by the American Paper and Pulp Association, except book paper, the data on which are
reported by the Book Paper Division of the Paper and Pulp Industry; they are not comparablt with the data carried in the SURVEY from the American Paper and Pulp Association through December 1933. The present classification of the association differs from that previously used by them, as well as from the Bureau of the Census classification. In addition to the classes shown, the association also reports on printing paper (including uncoated book), boards, paperboard, and newsprint. The first two
of these classifications are not used in the SURVEY, while the Bureau of the Census report is used for paperboard and the Newsprint Service Bureau's report for newsprint
(the latter series is identical with that reported by the association). The ratio of the production reported by the association, the Newsprint Service Bureau, and the Bureau
of the Census (monthly report on paperboard) to the annual figures reported by the Bureau of the Census for 1934 follow: Total paper, 87.4 percent; fine paper, 76.1 percent; wrapping, 109.7 percent (present classification of association is much broader than is Census or earlier association classification); paperboard, 68 percent of all paper
board, but 81 percent of the more comparable classifications of container board and boxboard; book paper, uncoated, 95 percent and coated 100 percent (book paper estimates are by association since the data cannot be checked with Census data); and newsprint, 97 percent. Figures for the first 5 months of 1934 on book paper are not available. Data are available for the other series for the months of January to April 1934. These figures will be shown in a subsequent issue.
\ See footnote marked " A " on p. 60 of the March 1936 issue.
54
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
1936
July 1936
1935
May
May
June
July
1936
DecemAugust SeptemOctober November
ber
ber
January
February
March
22, 541
11,364
21,844
66.8
22, 752
15, 050
31,096
17,314
24, 697
76.0
25, 998
12, 528
April
PAPER AND PRINTING—Continued
PAPEE—Continued
Book paper:*
Coated paper:
Orders, new,_
..short tons..
Orders, unfilled
short tons..
Production
short tons..
Percent of potential capacity
Shipments_
short tons..
Stocks, end of month
short tons..
Uncoated paper:
Orders, new
short tons,.
Orders, unfilled
short tons..
Production.
short tons..
Percent of potential capacity
—
Shipments
—short tons..
Stocks, end of month
short tons..
Fine paper:*
Orders, new...
short tons..
Orders, unfilled
_
short tons..
Production
short tons..
Shipments
short tons..
Stocks, end of month
short tons..
Wrapping paper:*
Orders, new
short tons..
Orders, unfilled
._
short tons..
Production
short tonsShipments
short tons-.
Stocks, end of month
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.
base
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..
Paperboard:§
Consumption, waste paperf__short tons..
Orders:
New
short tons..
Unfilled, end of month
.short tons..
Production
short tons..
Percent of capacity
Stocks of waste paper, end of month:
At inillst
short tons..
In transit and unshipped purchases
short tons..
PAPER PRODUCTS
Abrasive paper and cloth, shipments:
Domestic
reams..
Foreign
___
_
reams..
Paperboard shipping boxes:
Shipments, total
mills, of sq. ft..
Corrugated*
mills, of sq. ft..
Solid
fiber*
mills, 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, newf
thous. of books..
Shipments
thous. of books..
0
17,097
9,106
21, 409
71.0
21, 308
12,093
20,311
9,794
20,756
58.8
19,513
15,810
15,835
9,118
18,264
56.9
17, 215
16, 861
18,464
8,798
19, 335
55.8
19,441
17,194
18,390
8,153
19,363
59.4
19, 267
15, 605
72, 890
37, 369
97, 369
77.5
90, 507
82, 280
81, 320
27,806
93, 358
69.9
87,815
63,320
72, 222
26, 754
82,098
66.7
78, 740
66, 352
78,190
29, 864
86,121
63.2
84,996
70,154
37, 596
10,676
39,114
37,428
54, 610
25,966
8,276
31,196
29,182
56, 550
147,153
62,098
148,984
148,493
105,337
18, 640
64.3
17, 654
16, 595
19,912
7,924
21,197
65.0
21, 728
16,064
19, 264
7,225
20,066
58.1
20, 746
16, 580
17,352
10, 043
18,831
63.7
19,145
14,961
22, 352
10,351
23,106
63.4
23, 640
16, 243
80,143
30,480
88, 201
68.2
85, 880
71,860
83, 400
35,464
87,911
70.1
88,127
73,098
88,329
32, 771
95,894
72.4
92, 415
74,820
87, 252
35,065
89, 262
66.4
91,197
74,399
82,558
37,746
91,075
71.5
84,964
79,518
98,108
40,212
101, 223
71.8
99,769
81,821
24,606
9, 421
26, 650
25,910
55, 716
33, 646
8,067
36, 553
35,501
56,931
28,497
9,269
28,494
28,599
56,903
37,763
8,666
39,075
56,504
29,802
8,245
31,281
30,709
56,867
29,912
8,857
31,633
28,355
60,206
43, 582
10,560
41,979
43,467
59,143
12,813
38,155
34,803
62, 400
118,943
55, 634
132,181
129, 561
107,000
122,953
57, 596
121, 304
121, 871
104,715
162,916
60,807
160, 510
159, 808
105,116
141,541
70, 686
135,278
132,926
107,856
184,471
79, 566
176.973
175.974
107,655
134, 343
73,774
138, 523
140,060
105, 468
125,290
71, 348
131,544
127,051
108,178
155,564
58,378
165,934
168, 333
105,361
124,216
56.391
136; 087
128,188
114,425
132,
54,
140,
131,
119,
258,288 239,881 227,215
267,067 242, 693 232,020
286, 445 251,979 228,196
219,461
234,753
220,866 208,912
235, 573 233,968
225, 736 225,403
240,421 244,037
266, 515 262,854
266,679 285,179
277,838
244,732
265,233
184,884
227,955
181,403
184,079
221,190
206,010
256, 564
242, 900
239, 253
50,993
30,138
76,658
92 082
96, 254
153,811 148,142 160, 558 179,821 187,448
190, 872 195, 057 190, 272 222, 811 234,305
186,514
249,876
161,185
179,982
182, 313
157,456
183, 974
220, 641
40.00
75,869
79,672
41.00
79, 336
74,126
41.00
72, 249
70, 650
41.00
76, 500
74, 482
15, 906 15,873
16, 294 17,887
18,235
16,450
14,340
191,463 203, 353 211,071 223, 364 232, 200 221,114 222,362
44,860 37,342 29,914
29,220 26,100 38, 703 34,754
10, 266 14, 275 16, 032
12,473
223, 377 240,838 237,955 221,165
53,302 35,178
39,387
41,727
18,163
203, 814
40, 851
241,895
219,767
246,318
280,899
92,784
289,527
71.0
259,995 248, 656 259, 486 297, 349 307,103
80, 367 78,020 78,241
86, 767 105,088
262,463 256, 665 260, 207 291,127 289, 596
61.4
62.7
66.5
68.7
74.1
233, 784
222, 519 230, 365
228,137 220, 998
47,039
33,481
32, 864
32, 432 38,420
66, 240
0
53,947
57, 771
227, 216 201,970 161,884
262, 580 227, 330 202,878
41.00
75, 719
77,062
213,435
0)
90, 064
7,846
40.00
84,141
83,825
40.00
77, 010
76, 994
65, 705
40.00
72, 797
71, 213
213, 523 217,934
75, 305
40.00
75,160
74, 676
18,903
73,818
40.00
71,262
73,067
40.00
79, 974
82, 220
246, 537 244,963
40.00
78, 955
81,151
196,429
351,887 272,477 234,753
81,894
107, 074 88,971
345, 596 294, 290 243,594
79.5
73.6
211,029
214. 685 213, 297
35,269
40, 780 35,044
229,064
101, 669
73.9
80.0
96, 293 107,116
81, 713 73, 349
39,086
16,121
33, 676
35,435
61,141
875
666
072
809
946
226, 216
237, 601
283,890 268.843
94, 210 91,917
270,928 271,107
290, 854
96, 202
285, 257
63.4
68.4
69.4
216,040
193,919
204,376
39,737
39, 983
38,167
73, 057
9,082
2,412
2,165
247
66,453
9,428
55, 740
15,231
65,784
7,712
59, 936
4,575
67, 405
9,769
1,991
1,796
195
1,781
1,604
176
1,964
1,768
195
1,846
1,653
194
2,019
1,804
215
93,807
714
519
195
80
88, 721 100,160
787
868
611
681
176
187
83
85
94, 574
92,113
836
700
197
148
95,196
536
430
106
82
84, 853
842
676
166
83
95,189
953
801
152
82
14,648
12,931
14,643
12,906
15,785
13,117
15,500
13,127
14,966
13, 033
15, 778
50, 774
5,442
61, 294
8,538
61,116
7,364
62,201
6,719
66,455
8,743
1,933
1,729
204
1,832
1,626
206
2,017
1,772
245
2,161
1,912
250
2,176
1,931
245
'6, 677
990
795
195
89,491
624
447
177
73, 780
674
495
179
78
82, 686
500
403
97
75
15, 581
13,998
11,906
14,399
11, 672
14,915
12, 677
0)
73, 579
93, 960 128, 902
43, 739 65, 508
17, 503
14,804
0)
0)
Revised.
t Revised series. Data for period January 1933-January 1934, inclusive, on consumption and stocks of waste paper at mills will be shown in a subsequent issue.
Sales book's, new orders, have been revised beginning January 1935 to include the statistics of 2 members not included heretofore. The data now represent 90 percent
of all the sales books sold in the United States. For 1935 revisions see p. 54 ot the May 1936 issue. Revised data for 1935 not shown above, January 13,727, February
13,895.
* Discontinued by reporting source.
§ The Bureau of the Census has changed the title of the "Boxboard" report to "Paperboard" since data actually cover all board of .0012 of an inch or more in thickness
reported by the cooperating manufacturers. Figures given on production and new and unfilled orders are for 94 identical manufacturers; and consumption and stocks of
waste paper for 82 manufacturers. Estimated coverage is given in footnote marked § on p. 53.
* New series. New series on paperboard shipping boxes compiled by the National Container Association, Chicago, 111., from reports from all members of the industry of
record beginning in January 1934. The volume of companies not reporting each month is estimated by the association, so as to keep the series comparable. Prior to January 1934 data covering this industry were compiled by the Paper Board Industries Association. See footnote marked "§" on p. 53 of this issue for book, fine, and wrapping
paper.
* See footnote on p. 37 of this issue; data for 1933 revised; see p, 20 of the October 1934 issue. For 1934 revisions see p. 20 of th cDecembe 11935 issue.
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
55
SURVEY OF CURRENT BUSINESS
July 1936
1936
1935
June
May
May
July
1936
Decem- January FebruOctober NovemAugust Septemary
ber
ber
ber
March
April
38,433
21,372
34,874
46,707
6 28,666
45, 830
RUBBER AND RUBBER PRODUCTS
CRUDE AND SCRAP RUBBER
Crude:
Consumption, total
long tons.
For tires and tubesJt
long tons..
Imports, total, including latexf#-long tons..
Price, wholesale, smoked sheets, N. Y.
dol. perlb..
Shipments, world
long tons..
Stocks, world, end of monthf—long tons..
Afloat, totalt
long tons..
To United Statesf
long tons..
London and Liverpool
long tons..
British Malaya
long tons..
United States!
long tons..
Reclaimed rubber:
Consumption
long tons..
Production
long tons..
Stocks, end of month
long tons..
Scrap rubber:
Consumption by reclaimers
long tons..
TIRES AND TUBESJ
"~37~056'
37,827
28,898
30,705
33,327
25,961
32,182
.156
68,000
532,411
88,000
48,860
130,499
59,866
253,955
.120
77,000
677, 569
103,200
44, 375
167,745
91,345
311,000
.126
72, 000
671, 525
101, 000
55, 581
171,303
89,979
315, 000
8,317
11, 512
15, 889
8,448
10,223
16, 341
7,317
8,590
15, 780
45,434
.121
70,000
679,061
96,000
49, 018
174,141
89,098
315, 000
7,136
7, 036
8,421
7,263
14,889 i 12,611
3,793
4,134
4,061
10,433
3,426
5,284
5,212
8,584
6 3,234
» 3,839
» 3, 783
» 6,322
23
21
20
34
16
20
19
22
20
20
36
>26
*24
6 24
3,153
5,111
5,053
7,765
»3,154
b
3,690
b
3, 647
6 5, 621
30 I
3,376
3,904
3,840
9,748
I
7,736 !
7,055
38, 648
6 23,198
39, 812
43,655
627,437
33,921
33,071
*20,464
34,339
.127
75,000
655, 000
100, 000
49,913
168, 570
71, 868
312,112
.131
63,000
623,300
89,000
46, 588
166,896
66, 794
294, 610
.132
62,000
611,987
82, 000
39,094
164, 200
61, 692
303, 000
.144
«62,000
600,479
-84,000
43, 870
162,107
66,618
287,754
.154
.159
.159
60,000
63,000
68, 000
599,355 574, 594 '558,583
85, 000 90, 000
83,000
46,532
47,678
58,935
157,028 147, 712 140,404
72,530
6Q, 290
61,045
284, 797 275,837 2268,889
7,923
11,926
11,784
7,494
11,482
12,028
6,817
12, 307
13, 537
8,031
11,665
14,326
5,893
10,188
15,547
7,014
10, 712
16,039
8,266
11,382
16,193
3, 282
3,365
3,311
6, 639
6 3, 709
6 3,139
6 3,079
6 7,224
6 2,898
6 2,601
6 2,545
6 7,504
& 2,947
" 3,123
6 3, 065
6 7,360
6 3,932
6 3,971
6 3,917
6 7,318
6 22
6 23
6 23
6 41
6 25
6 23
6 22
6
6
6
6
6
6
6
6
6
6
6
6
3, 279
3, 268
3, 229
6, 667
6 3,719
6 3, 376
6 3,330
6 6,984
7,011
6,871
11, 321
23, 498
4,050
3,945
3,850
10,797
3,775
3,347
3,287
10,296
38,500
34,000
38,192
6 21,250 6 23, 627 6 22,818
26,073
35,707
36,378
.116
.120
74,000
70,000
680, 644 661,509
101,000 100,000
43,413
47,724
177, 250 174,894
67,361
80,843
321, 551 319,254
32,588
Pneumatic casings:
Production
thousands..
Shipments, total
thousands..
Domestic
thousands..
Stocks, end of month
thousands..
Solid and cushion tires:
Production
thousands..
Shipments, total
.thousands..
Domestic
thousands..
Stocks, end of month
thousands..
Inner tubes:
Production...
..thousands..
Shipments, total
thousands..
Domestic
thousands..
Stocks, end of month.
thousands..
Raw material consumed:
Crude rubber. (See Crude rubber.)
Fabrics
_
thous. of lb.,
MISCELLANEOUS PRODUCTS
Rubber bands, shipmentsA thous. of lb..
Rubber-proofed fabrics, production, totalA
thous. of yd..
Auto fabrics
thous. of yd..
Raincoat fabrics..
_.-thous. of yd..
Rubberflooring,shipmentsA-thous.
of sq. ft..
Rubber and canvas footwear:0
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:A
Production
thous. of pairs..
Shipments, total*..
thous. of pairs..
Export
thous. of pairs..
Repair trade
thous. of pairs..
Shoe manufacturers
thous. of pairs..
Stocks, end of month
thous. of pairs..
Rubber soles:A
Production
thous. of pairs..
Shipments, total*
thous. of pairs..
Export
thous. of pairs..
Repair trade
thous. of pairs..
Shoe manufacturers
thous. of pairs..
Stocks, end of month
thous. of pairs..
Mechanical rubber goods, shipments:A
Total
thous. of dol..
Belting
thous. of dol..
Hose
thous. of doL.
33,109
36,000
25, 019 »21,893
48,131
41,483
14,868 6 13,836
29,772
<»3,067 6 3, 281
* 2, 676 6 3, 317
6 2, 621 6 3, 258
» 6, 713 * 6,715
6
6
6
6
24
20
19
37
6
6
6
6
27
25
25
38
6 3,238
6 3, 232
6 3,170
6
6
6
6
6
6 23
6 19
6 19
6 41
6 3,592 6 3,193
6 3, 262 6 3, 035
6 3, 215 6 2,988
6 6,523 6 6,611
6 3,341
6 2, 775
6 2, 735
* 6,127
12, 606
6
14,148 6 13,523
6
6
6
6
613,632
MO
615,988
15
17
17
37
6 2,880
6 2,791
6 2,748
6 7,046
' 12,059
16
21
21
32
b
6
3, 068
3,074
6 3,027
&
7,040
b
33
32
32
32
6 3,908
6 3, 844
6 3, 792
6
7,118
13,417 I 6 16,571
334
363
363
264
206
236
266
4,200 ! 5,209
427
278 '
2,370
1,986
477
325
5,396
396
2,984
431
5,571
449
2,866
492
3,269
395
1,291
450
2,760
313
604
450
2,864
219
603
371
2,950
191
786
322
3,467
199
1,289
422
4,134
265
1,442
485
3,147
702
2,445
3,737
1,507
2,230
3,667
1,490
2,177
18, 767
4,836
13,931
4,699
1,056
3,643
6,132
1,340
4,792
6,106
1,322
4,784
15,653
4,156
11,497
4,427
873
3,554
5,510
889
4,622
5,489
881
4,608
14,559
4,137
10,422
5,874
1,297
4,577
5,733
673
5,059
5,705
654
5,051
14, 700
4,761
9,939
5,172
1,301
3,871
5,657
491
5,165
5,626
467
5,159
14, 200
5,571
8,630
5,993
1,661
4,332
6,276
830
5,446
6,252
815
5,437
14,967
6,743
8,224
5,925
2,174
3,751
6,144
2,061
4,083
6.109
2,042
4,067
14,886
6,839
8,047
5,231
2,498
2,732
4,819
1,929
2,890
4,788
1,915
2,873
14,957
7,305
7,652
5,905
2,937
2,969
5,041
3,019
2,022
5,011
2,997
2,014
15, 804
7,305
8,597
5,876
2,888
2,988
4,970
3,519
1,451
4,928
3,480
1,447
16, 699
6,565
10,134
17,836
17,492
233
4,810
12, 449
34, 746
18, 016
16, 267
177
4,054
12, 036
36,464
16, 406
17,067
187
5,187
11,694
36,051
18, 517
18, 814
296
5,029
13, 489
36, 291
16,024
16,886
428
4,173
12, 285
30, 710
16, 649
17, 094
348
2,829
13,917
30, 374
0)
(0
0)
0)
0)
0)
3,599
3,166
3,099
3,597
11
5
384
449
3,202 I 2,646
3,875 ! 3, 967
3,021
3,160
3
660
2,497
3,844
4,022
4,141
1
625
3,515
3,731
3, 399
3, 528
11
492
3,025
3,121
3,544
1
401
3, 142
3,164
4,944
1,109
1,688
2,147
4,106 !
1,092 I
1,281
1,733
3,980
1,018
1,248
1,715
5,015
1,155
1,438
2,422
4,755
989
1,319
2,447
5,200
1,027
1,408
2,765
0)
0)
0)
0)
P)
0)
0)
0)
0)
0)
0)
0)
0)
0)
0)
0)
0)
0)
3,567
3,509
8
505 I
380
3,190 I 3,12J
3,733 j 3,887
0)
0)
0)
0)
0)
0)
0)
0)
293
227
3,666
244
1.446
523
4,030
292
1,716
486
3,868
303
1,540
400
5,227
2,058
3,170
4,429
3,333
1,096
4,399
3,309
1,090
17,497
5,289
12,208
4,857
2,376
2,481
3,688
2,579
1,109
3,623
2,521
1,102
18, 202
6,026
12,176
4,151
1,391
2,760
3,002
1,774
1,227
2,964
1,742
1,222
19, 358
5,642
13,716
0)
0)
C1)
0)
0)
C1)
0)
0)
C1)
C1)
0)
0)
0)
(0
0)
0)
20, 262
19,658
336
7, 471
11,850
35, 602
19,105
18, 694
356
5, 578
12, 760
34, 250
3,607 i
3,701 I
220 i
276
0)
0)
0)
8
88
a
0)
0)
0)
0)
0)
0)
0)
0)
0)
0)
0)
0)1
0)
C)
0)
(0
1
0)
C)
0)
Other
thous. of dol_.
0)
0)
0)
1 Discontinued by reporting source.
6 See footnote marked "J"
Revised.
JDat:;a for 1934 and for the period January to July 1935 are estimated to represent approximately
97 percent of the industry; for for subsequent months the coverage is
estimatedI to be 81 percent. Previously published data are estimated to cover about 80 percent of the industry for 1929-33, inclusive, and 70 to 80 percent prior to 1929.
# See footnote on p. 37 of this issue. Data for 1933 revised. See p. 20 of the October 1934 issue. For 1934 revisions see p. 20 of the December 1935 issue.
• In October 1933, 4 new companies were included in the report and 1 additional company in January 1934. Since that month, the coverage of the industry is 100 per
cent. For preceding periods the coverage varied; in 1929 it was 90 percent; in 1931, 80 percent; and in 1933, 95 percent, according to the Census of Manufactures. Over
lapping figures are available for October 1933. See the October 1934 issue for October 1933 data for the smaller number of firms.
* New series. Earlier data not published on total shipments of rubber heels and rubber soles prior to December 1932.
t Revised series. Data on consumption of rubber for tires and tubes revised for 1932,1933, and 1934. See p. 51 of the August 1934 issue. Revised data from September
1930- December 1934—rubber world stocks, world afloat, and afloat to the United States appear on p. 20 of the July 1935 issue; for 1932 revisions for United States stocks, see
p. 50 of the May 1933 issue. See p. 50 of the June 1933 issue for crude rubber imports.
A Coverages of Rubber Association data has varied considerably over period for which data have been shown in SURVEY. Coverage was generally higher in 1934 and
1935 than in earlier years.
4,422
1,026
1,383
2,012
4,354
1,346
1,368
1,640
56
SUEVEY OF CUERENT 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
1936
May
July 1936
1935
May
June
July
1936
Decem- January FebruAugust SeptemOctober November
ber
ber
ary
March
April
STONE, CLAY, AND GLASS PRODUCTS
BRICK
Common brick:
Price, wholesale, red, N. Y.
dol. per thous_.
Shipments*
thous. of brick..
Stocks*
thous. of brick..
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 montht
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..
Vitrified paving brick:
Shipments*
thous. of brick..
Stocks*
thous. of brick..
9.63
83,076
343,554
9.50
88,324
341,315
9.40
93,608
365,481
9.44
95,940
381,532
9.50
91,127
394,988
9.50
117,031
423,651
9.50
95,673
424,737
9.50
73,586
426,550
9.50
56,471
417,482
0)
381
293
255
2,107
342
310
284
2,078
337
350
313
2,107
322
320
300
2,126
291
351
277
2,168
294
348
311
2,223
354
322
235
2,334
562
309
147
2,485
747
179
95
2,385
833
172
66
2,477
0)
0)
0)
0)
0)
0)
0)
0)
1,380
2,278
137
2,163
1,084
810
1,821
125
1,754
1,374
600
1,582
206
793
1,860
1,150
2,077
213
1,901
1,877
1,012
1,974
144
1,873
1,921
720
2,396
44
1,894
2,202
390
2,115
129
1,927
2,164
400
1,399
83
1,280
2,185
1,225
1,274
33
896
2,451
1,690
486
36
714
2,046
7,965
1,032
29
1,085
2,285
7,928
2, 220
186
2,129
1,600
1,753
1,449
143
1,688
1,103
4,162
87,241
7,753
12,565
86,236
9,173
81,447
5,115
81,344
5,454
79,753
6,178
79,468
4,715
81,191
3,892
79,730
1.667
10,985
48.9
11,121
20, 435
5,072
1.667
8,222
36.1
7,428
21,991
6,365
1.667
8,725
39.6
7,632
23,083
6,741
1.667
8,021
35.7
7,813
23,287
6,849
1.667
7,235
31.8
8,105
22,415
6,779
1.667
7,173
32.6
7,799
21,783
6,368
1.667
7,510
33.1
8,794
20,501
5,891
1.667
7,093
32.2
5,976
21, 613
5,607
1.667
5,803
25.6
4,514!
22,908'
5,226
3,810
69.3
3,996
7,942
61.5
3,239
8,141
3,284
69.6
3,270
8,115
3,576
62.4
3,458
8,183
3,825
64.3
3,748
3,102
58.7
3,700
7,676
3,616
60.8
3,569
7,575
3,271
59.4
2,938
7,836
3,059
55.5
2,637
8,328
2,193
1,965
1,919
1,743
1,865
2,446
2,485
2,416
2,189
2,085
2,623
2,022
2,751
1,829
2,828
1,555
2,757
1,591
2,306
2,013
2,680
2,705
2,086
81.3
3,954
1,927
75.1
5,097
1,814
70.7
5,119
1,567
61.0
5,053
1,920
74.8
4,787
2,088
81.4
3,358
19,192
14,582
13,163
13,909
14,526
14,404
10.50
9.50
9.50
9.50
44,736 '109,641 153, 780
405,866 '363, 932 323, 519
2,052
4,856
79, 677 • 79, 408
7,878
56,073
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..
1.667
3,630
16.1
22,686
5,214
1.667
3,454
13.4
3,156
22,971
5,590
1.667
5,263
23.4
7,138
21,126
5,625
1.667
8,519
39.2
9,089
' 20, 571
"5,328
3,114
52.1
2,916
8,437
3,047
55.4
3,031
8,410
3,339
58.4
3,434
8,270
3,604
63.0
3,604
8,224
1,817
2,261
1,853
2,110
2,381
2,730
2,672
2,477
2,292
2,749
2,159
1,883
2,148
1,904
1,866
2,109
2,039
2,584
100.7
3,450
2,339
91.1
3,618
2,067
80.6
3,735
1,965
76.6
3,753
1,978
77.1
3,045
1,913
74.5
3,887
2,127
82.9
3,916
16, 593
15,909
16,112
17, 276
13,857
16, 057
19, 455
GLASSWARE, ETC.
Glass containers :#
Production
thous. of gross..
Percent of capacity
Shipments
thous. of gross..
Stocks, end of month
thous. of gross..
Illuminating glassware:*
Orders:
New and contract
number of turns..
Unfilled, end of month
number of turns..
Production
number of turns..
Shipments:
Total
number of turns..
Percent of full operation.
Stocks, end of month
number of turns..
Plate glass, polished, productiont
thous. of sq. ft..
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, gauging, finish, etc
short tons..
For pottery, terra cotta, plate glass, mixing plants, etc
..short tons.
Tile, partitition
thous. of sq. ft.
114,934
523,238
188,458
170,613
566, 719
161, 786
124,302
498,765
140,363
8,098
355,875
93, 338
388,440
416,709
345,826
310, 448
56, 284
73, 990
4,724
72,957
62, 250
5,642
62,886
5,716
57,818
60, 361
5,768
272, 202
293,984
235, 111
205, 353
36,668
2,211
35,892
2,420
34,814
2,420
38,834
2, 716
TERRA COTTA
Orders, new:
Quantity.-.
..short tons..
..thous. of dol..
Value,
934
113
1,390
159
836
104
581
76
42, 336 43,196
334,369 335,114
47,223
341,833
1,027
124
1,267
149
1,509
179
1,906
211
1,105
138
1,050 ; 1,945
146 ! 215
TILE
Hollow building tile:*
Shipments
Stocks
short tons_.|
short tons— I
43,069
341,432
45, 575 55, 663 45, 069 31,361
341,509 329,489 335,104 337,465
28, 480 21,952 a 48, 330 68, 404
330, 262 327,112 '318, 059 309, 897
« Revised.
* Discontinued by reporting source.
* New series. Earlier data not published on illuminating glassware prior to July 1932 (except production and percent of capacity); for'earlier data see p. 20 of the June
1933 issue, face brick, machine production. Series on common and vitrified paving brick and tile beginning January 1934 were shown on p. 20 of the June 1935 issue. For
earlier data on gypsum see p. 20 of the January 1933 issue.
t Adjusted for degrading and year-end physical inventories
t Data on plate glass represent the total output of the industry. Complete figures for the months of 1932 were shown on p. 52 of the March 1933 issue, for 1933 on
p. 52 of the March 1934 issue, and for 1934 revisions p . 56 of the March 1936 issue.
# Monthly series on glass containers for 1934 and 1935 are not comparable with those of earlier years due to increase of number of firms reporting to 44. Shipments of the
44 firms for the year of 1933 amounted to 33,048, 747, compared with 23,511,963 for the 30 firms reporting for the same year. Comparable statistics on shipments for the
companies, now reporting by years, from 1928 to 1933, inclusive, were as follows (in gross): 1928, 31,943,016; 1929, 33,765,896; 1930, 31,905,933; 1931, 31,413,508; 1932, 26,947,949;
and 1933, 33,048,747. Data are not available for this period on production and stocks, nor are monthly figures on shipments available. It may be noted from the trend
of these data that the monthly figures prior to 1934 had a downward bias. Basis of estimating capacity was changed in computing the new series. Data for 1934 revised,
see p. 52 of the May 1935 issue; for 1935 revisions see p. 56 of the June 1936 issue.
57
SURVEY OF CURRENT BUSINESS
July 1936
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
1936
May
1936
1935
May
June
July
DecemAugust SeptemOctober November
ber
ber
January
February
March
April
TEXTILE PRODUCTS
CLOTHING
Hosiery:*
Production
thous. of dozen pairs..
Shipments
thous. of dozen pairs..
Stocks, end of month
thous. of dozen pairs,.
9,270
9,379
9,203
9,124
7,121
7,513
7,541
6,818
9,001
9,686
9,577
10,816
11,574
12,164
10,293
10,231
8,918
8,648
10,099
8,487
9,252
8,662
9,832
10,420
10,201
10,176
19,076
19,646
19,256
19,938
19,211
17,930
17,299
17,319
17,547
19,160
19,750
19,161
19,186
531
470
384
391
449
552
508
591
517
549
577
352
278
345
280
526
353
COTTON
Consumption!
thous. of bales..
Exports:
Quantity, exclusive of linters
thous. of bales..
Ginnings (total crop to end of month)
thous. of bales..
Imports^
thous. of bales..
Prices:
To producer
dol. per lb_.
Wholesale, middling, N . Y
dol. per lb_.
Production, crop estimate.--thous. of bales..
Receipts into sighti
*—thous. of bales..
Stocks, end of month:f
Domestic, total mills and warehouses
thous. of bales..
Mills
thous. of balesWarehouses
thous. of bales..
World visible supply, total .-thous. of bales..
American cotton
thous. of bales..
20
10
.112
.117
.120
.123
.118
.119
286
241
487
712
1,135
877
1,133
4,230
6
7,750
^9,758
13
.119
.122
.115
.115
.106
.108
.109
.112
9,362
7
.115
.120
395
718
2,254
3,136
6,538
645
5,893
4,212
2,834
7,865
717
7,149
5,205
3,968
406
405
10,250
14
18
10, 420
16
.111
.119
.110
.116
.109
.114
.112
.117
2,309
.114
.121
/10,638
1,328
494
436
9,556
1,074
8,482
7,060
5,807
9,976
1,346
8,630
7,697
5,383
9,814
1,427
8,387
7,768
6,363
9,279
1,435
7,844
7,590
5,918
8,652
1,404
7,248
7,385
5,591
7,905
1,334
6,570
6,825
4,992
7,211
1,190
6,021
6,540
4,574
d
817
6,327
1,090
5,237
6,025
4,121
7,555
975
6,581
5,593
3,720
6,953
885
3,253
6,528
789
5,739
4,278
2,790
.271
.385
.305
.415
.301
.415
.299
.415
.299
.411
.300
.405
.312
.408
.323
.415
.321
.415
.299
.415
.290
.415
.278
.393
.274
.385
18,840
8,680
16,539
5,460
13,657
3,729
14,566
3,258
13,731
3,517
14,128
4,315
15,529
5,876
16,935
5,174
12,466
4,910
15,489
9,489
15,392
8,799
21,745
12, 316
19,685
9,836
.051
.062
.061
.059
.061
.063
.064
.064
.064
.058
.065
.074
.073
.072
.072
.074
.078
.082
•102,000
•102,000
• 4,500
88,750
130,284
98,810
6,000
100,265
90,496
73,531
5,504
70,381
89,164
78,254
6,585
61,842
94,521
84,486
7,282
77,913
93,013
87,921
6,151
86,948
110,885
102,066
6,499
97,972
102,292
96,507
5,399
97,331
101,310
191,956
103,419
297,776
111,926
333,991
115,255
234,457
96,103
212,369
94,012
195,421
88,292
199,328
93,795
22,829
23,041
22,704
22,312
22,047
22,684
6,894
242
105.2
6,087
199
83.3
5,102
168
75.0
5,155
171
73.5
5,545
185
76.4
6,184
207
93.9
V
COTTON MANUFACTURES
Cotton yarn:
Prices, wholesale:
22/ls, cones (Boston)
dol. per lb—
40/ls, southern spinning*
dol. per lb—
Cotton goods:
Cotton cloth:
ExportsS
thous. of sq. yd—
Importsf#
thous. of sq. yd—
Prices, wholesale:
Print cloth, 64 x 60.
dol. per yd—
Sheeting, brown, 4 x 4 (Trion mill)
dol. per y d ~
Cotton cloth finishing:*
Production:
Bleached, plain
thous. of yd—
Dyed, colors. .
thous. of yd—
Dyed, black
thous. of y d . .
Printed
thous. of y d ~
Stocks:*
Bleached and dyed
thous. of yd—
Printed
thous. of yd—
Spindle activity:f
Active spindles
thousandsActive spindle hours, total
millions of hours.
Average per spindle in place
hours..
Operations..
percent of capacity—
.056
.055
.053
.075
.071
.070
.067
84,239
3,969
104,720
97,435
87,685
4,554
100,528
92,807
90,390
4,118
91,860
107,893 '104,837
101,739 103,305
4,140 " 4,087
95,274 a 91,074
205,719
95,790
203,494
107,382
197,107
105,464
198,508
103,179
183, 292 187,333
99,684 93,275
23,193
23,194
23,391
23,324
23,337
23,176
23,124
7,445
251
103.8
6,897
233
101.1
6,804
233
103.8
7,714
266
111.9
6,736
233
105.2
7,264
252
108.1
7,320
256
110.9
E A T O N AND SILK
Rayon:
Deliveries:*
Unadjusted
1923-25=100428
417
381
433
550
583
494
464
473
477
517
422
Adjusted
1923-25=100446
439
477
570
513
419
462
522
557
487
454
399
416
3-mo. moving average of adjusted index
1923-25=100393
495
520
501
465
468
514
522
499
447
423
420
Imports**
thous. of l b . 683
12
39
60
107
241
145
509
312
392
611
346
551
Price, wholesale, 150 denier, " A " grade
(N. Y.)
dol.perlb..
.57
.55
.55
.55
.57
.57
.57
.57
.57
.57
.57
.57
.57
Stocks, imported, end of month
thOUS. of lb
261
261
239
244
245
238
237
235
231 229
Silk:
Deliveries (consumption)
bales- 32,087 38,361 33,728 44,166 41,715 45,156 48,167
37,012
35.559 38,995 32,053 36,000 34,564
Imports, raw *#
thous. of l b 4,066
5,545
5,201
5,562
6,344
6,708
8,218
6,061
6,365
6,275
5,518
3,480
4,647
Prices, wholesale:
Raw, Japanese, 13-15, N.Y_dol. per l b 1,600
1.418
1.376
1.447
1.705
1.868
2.084
2.092
1.958
1.950
1.784
1,733 1.682
Silk goods, composite
dol. per yd—
0)
.92
.92
.92
.95
.87
1.00
1.00
1.00
(»)
(i)
(i)
(i)
Stocks, end of month:
World visible supply A
bales
207,000 190,700 199,500 214,000 236,000 233,000 228,000
United States (warehouses).
bales- 40,066 36,762 42,018 32,654
37,381 38,680 46,777
51,458
54,941 56,511 64,680
53,689 46,098
d
• Revised.
* As of Dec. 13.
• Estimated.
As of Jan. 16.
» Discontinued.
/ As of Dec. 1.
* New series. Hosiery compiled by the National Association of Hosiery Manufacturers and estimated to represent 95 percent of the industry. For complete series see
p. 19 of the September 1935 issue. Data on cotton cloth finishing are from the National Association of Finishers of Textile Fabrics and cover practically alfthe industry,
comparable figures are not available prior to December 1933; the production statistics are prorated from data for 4-week periods; stocks are reported at end of each 4-week
period. Data on cotton yarn, southern spinning from January 1933-April 1934 will be shown in a subsequent issue. Rayon deliveries from January 1923-April 1935 were
shown on p. 19 of the June 1935 issue; these data are compiled by Textile Organon.
1 For revisions for crop years 1931-32,1932-33,1933-34, and 1934-35, see p. 52 of the October 1933 issue, p. 52 of the September 1933 issue, p. 53 of the October 1934 issue,
and p. 57 of the October 1935 issue, respectively.
t For revisions of cotton consumption, domestic stocks, and spindle activity for crop years 1931-32,1932-33,1933-34, and 1934-35, see p. 20 of the February 1933 issue,
pp. 52 and 53 of the November 1933 issue, p. 53 of the October 1934 issue, and p. 57 of the October 1935 issue, respectively.
5 For 1932 revisions see p. 53 of the June 1933 issue; for 1933 revisions see p. 20 of the September 1934 issue; 1934 revisions are shown on p. 19 of the December 1935 issue.
# See footnote on p. 37 of this issue. Data revised for 1933; see p. 20 of the October 1934 issue; data also revised for 1934, see p. 20 of the December 1935 issue.
• Stocks at end of 4-week periods through June 16. July figures are averages for July 14 and Aug. 11. August figure as of Sept. 8. Subsequent data,, at the end of
succeeding 4-week periods.
X For 1932 revisions see p. 53 of the June 1933 issue, for 1933 revisions see p. 20 of the October 1934 issue, and for 1934 revisions see p. 20 of the December 1935 issue.
A This series has been superseded by a new series which excludes stocks held at Milan, London, Canton, and Shanghai. Monthly data from January 1922-June 1936
are shown in this issue, p. 20.
58
SURVEY OF CURRENT BUSINESS
1936
Monthly statistics through December 1931,
agether with explanatory footnotes and references to the sources of the data, may be found
in the 1932 Annual Supplement to the Survey
May
July 1936
1935
May
June
July
1936
Decem- January
August SeptemOctober November
ber
ber
February
March j April
!
TEXTILE PRODUCTS—Continued
WOOL
Consumption:
Total, grease equivalent basisj
thous. of lb_.
Apparel class, scoured basis*..thous. of lb_.
Imports, unmanufactured^
thous. of lb_.
Operations, machinery activity:*
Combs, worsted
percent of capacity..
Looms:
Carpet and rug
percent of capacity..
Narrow
percent of capacity. _
Wide
percent of capacity..
Spinning spindles:
Woolen
percent of capacity..
Worsted
percent of capacity..
Prices, wholesale:
Raw, territory, fine, scoured._.dol. per lb_.
Raw, Ohio and Penn., fleeces.dol. per lb_.
Suiting, unfinished worsted, 13 oz. (at mill)
dol. per yd..
Women's dress goods, French serge, 54" (at
factory)
__
dol. per yd..
Worsted yarn, 2/32s, crossbred stock, Boston.—
dol. per lb__
Receipts at Boston, totalA
thous. of lb_.
Domestic
thous. of lb_.
ForeignA
thous. of lb__
Stocks, scoured basis, end of quarter:*%
Total
thous. of lb._
Domestic
thous. of lb_.
Foreign
thous. of lb__
Combing
thous. of lb__
Clothing
thous. of lb__
b
b
46,593
17,294
17, 207
fb> 70,617
25,444
15, 778
72
« 117
b
b
80,428
»74, 781 * 80,293 *6> 78, 727 >6 72, 993 »73, 367 »73, 908
28, 388 > 23, 575 > 26, 592 fr 28, 994
29, 565 27, 528 * 27, 730 * 28, 223
15, 932 18, 760 20,361
21,952
23,498
18, 041 18,467
21,167
b
6
64,193
24,488
21, 212
b
b
53, 460
20, 369
25, 298
b
b
55, 387
20,588
23,833
115
103
111
113
124
125
108
107
117
88
74
48
34
76
50
25
77
53
24
78
60
31
85
52
33
54
42
84
53
44
45
43
90
46
48
90
52
44
90
50
38
80
50
36
76
87
57
89
72
103
67
97
67
106
81
93
73
95
62
96
85
59
82
60
.76
.31
.78
.33
.81
.32
104
83
.84
.39
.84
.39
.87
.39
.92
.42
.93
.42
.88
.37
.26
.75
.30
94
67
.76
.30
1.782
1.522
1.609
1.609
1.609
1.603
1.708
1.733
1.733
1.733
1.742
1.782
1.114
.990
1.015
1.015
1.015
1.027
1.040
1.052
1.064
1.064
1.101
1.114
1.114
1.28
25,599
21, 761
3,838
1.06
19,701
17, 246
2,455
1.08
44,346
41,809
2,537
1.10
72,156
67, 598
4,557
1.10
37,957
33,981
3,976
1.11
23,832
19, 385
4,446
1.25
18, 525
11,803
6,722
1.29
19, 214
10,982
8,232
1.30
12.875
5,285
7,590
1.31
17, 524
6,410
11,113
1.33
18,581
4,576
14,006
1.33
22, 258
4,845
17,413
1.30
20, 495
6,071
14, 424
.87
.37
143,484
127, 729
15, 755
110, 313
43,171
156, 689
137,817
18,872
111,770
44,919
113,337
84,401
28,936
69,193
44,144
103,642
59,167
44, 475
60, 327
43, 315
MISCELLANEOUS PRODUCTS
Buttons, fresh-water pearl:
512
Production
pet. of capacity—
Stocks, end of month
thous. of gross..
8,046
Fur, sales by dealers
thous. of dol._ » 3, 545
Pyroxylin-coated textiles (artificial leather):
Orders, unfilled, end of month
2,273
thous. linear yd..
5,423
Pyroxylin spread
thous. of lb__
5,013
Shipments, billed
thous. of linear yd._
37.6
8,188
"2,814
29.0
8,005
"2,331
22.3
7,688
°3,195
36.5
7,403
"3,421
2,368
4,280
4,606
1,974
3,274
3,645
1,898
3,587
3,534
2,176
4,471
4,032
a
43.7
7,215
3,092
2, 589
4,692
4,412
a
50.2
7,215
2,158
2,592
5,125
4,616
a
52.8
7,136
1,193
48.9
7,151
<• 1, 224
45.0
7,925
2,493
53.7
7,956
3,761
53.4
7,989
4,045
51.9
8,003
° 4, 053
2,300
4,152
4,084
2,154
3,895
3,845
2,033
3,951
3,715
1,943
3,894
3,876
2,475
5,121
4,689
2,459
5,647
5,118
118
59
20
39
107
61
9
37
119
51
50
18
136
72
39
25
TRANSPORTATION EQUIPMENT
AIRPLANES
Production, totalf
Commercial (licensed) f
Military (deliveries)
For export.-
number..
number. _
number..
number..
156
106
20
30
217
148
35
34
144
90
42
12
171
138
19
14
129
152
112
23
17
201
93
84
24
AUTOMOBILES |j
Exports:
Canada:
5,222
6,499
Automobiles, assembled, total.number..
5,070
4,829
4,777
3,931
5,995
7,603
5,576
5,515
6,607
3,726
4, 573
3,643
3,639
4,100
5,088
3,579
3,108
4,087
2,629
3.276
3,945
1,607
Passenger cars
number..
3,537
5,143
United States:
1
Automobiles, assembled, total J
19,895
25,026
28,012
12, 703
14, 580
20,073
26,270
30, 529
25,654
26, 053
number. _ 28, 575
25,959
28.920
13,604
7,471
14, 752
5,622
16,517
17,736
22, 491
10,076
17, 723
Passenger cars<?
number.. 17, 727
15.867
16,046
18.921
7,081
7,109
6,291
9,753
8,038
10, 274
10,276
9,997
8,330
Trucks <?
number.. 10,848
9,787
9,913
Financing: <8>
74,188
107,821 106,174 113,125 100, 761
77,651
97,508
90,191
Retail purchasers, total
thous. of dol._
88, 649
87,169 143, 515 172,982
67, 631
42,179
62, 661
66, 913
71, 665
60, 531
46,114
64,605
New cars.
thous. of doL.
56, 284
55, 232
94, 664 116, 297
37,011
30, 716
31,122
38,227
37, 237
40, 274
28, 708
31,906
Used cars
thous. of dol..
31,432
55, 705
48,044
31.868
2,025
1,963
820
951
1,089
1,186
Unclassified
thous. of dol_.
997
505
980
807
887
Wholesale (manufacturers to dealers)
132,074 118, 732 119,100
75, 907 132, 315 149,728 118,872 113,830 154,147 189,481
92,918
39,700
thous. of doL.
• Revised.
v Preliminary.
# See footnote on p. 37 of this issue.
* Since July 1934 report has been on a weekly basis. Data for September and December 1934 and March, June, September, and December 1935, and January and
April 1936 are for 5 weeks; other months, 4 weeks. Figures for July and succeeding months are computed from Census Bureau figures so as to represent 100 percent
of the wool industry; earlier figures incomplete.
* New series. Wool stock series began in June 1934. See p. 20 of the July 1935 issue for earlier data and explanation of new wool consumption series.
* Beginning with the July 1934 report the statistics are reported on the basis of 4 and 5 weeks, the weekly distribution being determined by the Saturdays. The statistics presented herewith are still based on the pre-code computed normal (currently based on the single-shift performance over the 5-year period 1928-32). The current data
represent practically complete coverage of the industry. Since December 1934 no allowance has been made for holidays.
A Foreign receipts beginning January 1934 are compiled by U. S. Department of Agriculture and are not comparable with data carried through December 1933. This
results in a total figure which also is not comparable with earlier data.
H Compiled by the Bureau of the Census and represent stocks of raw wool held by all dealers, topmakers, and manufacturers who usually hold significant stocks of wool.
The figures for the 3 quarters of 1934 have been revised to include the "grade not stated."
X Grease equivalent of shorn wool, plus actual weight of pulled wool. Conversions are based on totals; scoured wool is multiplied by 2 and pulled wool by 1^$.
Includes clothing and carpet wools. See note on apparel class wool on p. 20 of the July 1935 issue. As this grease series will probably be dropped in favor of the more accurate
scoured series, it is suggested that those who wish to keep series going have their names placed on Bureau of the Census mailing list for the monthly wool consumption
report, from which can be computed the present data, using formula given.
§ For 1932 revisions see p. 53 of the June 1933 issue, for 1933 revisions see p. 20 of the October 1934 issue, and for 1934 see p. 20 of the December 1935 issue.
<J Data revised for 1932, see p. 54 of the June 1933 issue. Data revised for 1933, see p. 20 of the September 1934 issue; and for 1934, p. 19 of the December 1935 issue.
t| Index of sales of new passenger cars is shown on p. 26 of this issue.
f Data for 1935 revised (airplanes). For revisions see p. 58 of the April 1936 issue. Fur sales revised for 1935. Revision for January, 1,851.
® Of the 282 identical organizations reporting originally 8 discontinued financing in January, 2 in February, 2 in March, Sin June, 1 in July, 2 in August, 1 in September,
1 in October, and 2 in December, 1934.
59
SURVEY OF CURRENT BUSINESS
July 1936
1936
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
1936
1935
May
June
January
February
March
April
53
25, 516
32,120
42
23,932
52
31, 203
53
32, 753
13,496
13, 775
5,323
8,313
3,819
12, 042 11, 370
7,128
87, 540 272,043 395,059 404, 528
56,097 213, 310 336, 914 343, 022
31, 443 58, 733 58,145
61, 506
1,052
1,912
1,804
1,654
13. 302
11, 261
364,004
298, 274
65, 730
1,877
13, 268
10,853
287, 606
224,816
62, 790
1,261
17,974
14, 488
420,971
343, 523
77, 448
1,841
24, 951
20, 247
502, 775
417,133
85, 642
2,258
220, 262 237,194
38,000
37,616
215, 782
43,760
176, 668
40,301
301, 272
'51,817
66, 547 68, 566 136,859 122,198
39,152 127,054 182, 754 185, 698
22,986
97, 746 147,849 150, 010
102, 034
158,572
131,134
96,134
144,874
116, 762
181, 782
196, 721
162, 418
200,117
229,467
194,695
DecemAugust SeptemOctober November
ber
ber
July
TRANSPORTATION EQUIPMENT—Continued
AUTOMOBILES-Continued
Fire-extinguishing equipments
Shipments:
Motor-vehicle apparatus.
number..
Hand-type
number..
Production:
Automobiles:
Canada, total
number..
Passenger cars
..number..
United States, totalf
.number..
Passenger carsf •.._
number..
Trucks f
number..
Automobile rims.
thous. of rims..
Registrations:
New passenger carsf_
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=100Accessories, original equipment
Jan. 1925=100Accessories to wholesalers._ Jan. 1925=100..
Replacement parts..
.Jan. 1925=100..
Service equipment
Jan. 1925=100_.
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
_
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___
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..
Locomotives, railway:
Orders, new...
number..
Orders, unfilled, end of month:
Equipment manufacturers (Census),
total
number. _
Domestic, total
number..
Electric..number..
Steam
number..
Railroad shops (A. A. R.)_..number._
Shipments:
Domestic, total.-number._
Electric
number..
Steam
number. _
Exports, totalf
number..
Electric
numberSteam
number..
Passenger cars:
Orders, new, placed by railroads
number. _
Orders, unfilled (end of quarter)
number. .
Shipments, total.
..number..
Domestic
number..
ELECTRIC TRUCKS AND
TRACTORS
Shipments, industrial, total
number..
Domestic
number..
Exports
number. _
a
48
33, 472
40 !
54
34,585 | 34,692
47
29, 571
38
32,534
20, 006 20,702
15, 745 13,069
16, 389 17,030
12, 276
9,471
460, 565 361,107 356,340 332,109
385, 507 305, 547 294,182 274,344
75, 058 55, 560 62,158
57, 765
1,561
1,428
1,339
7,692
5,524
237,400
181,130
56, 270
798
392,750
62,183
293,199
47,968
280,360
48,243
285,178
51,243
233,851
50,355
194, 628 109,051 137,782
222, 603 134, 597 181,188
187,119 105,159 150,863
108,645
167,790
139,021
127,346
124,680
103,098
150
132
119
114
92
150
110
130
113
132
132
148
83
102
103
131
82
113
95
138
81
85
126
124
75
172, 344 180, 559 180,114
1,776
1,873
1,868
260,013 283,310 276,535
14.9
15.4
15.0
179, 556
1,861
281,262
15.3
179,203
1,857
285,320
15.6
2,222
45,883
10, 557
23.0
92
119
2,219
45,821
10,403
22.7
60
122
2,189
44,835
9,389
21.0
65
196
2,228
46,099
10, 582
23.0
63
156
2,222
45,910
10, 541
23.0
57
246
2
1,477
549
928
1,031
401
5,151
2,427
414
2,013
66
157,098
41, 390
105
129
135
91
59
31, 556
148,389
43,243
500
2,173
427
1,746
40
38
100
7,259
5,841
1,418
17
17
110
7,440
5, 775
1,665
29
27
a
397,190
57, 000
132
135
135
145
123
149
162
137
150
141
148
147
139
80
155
160
107
73
156
170
114
85
127
160
116
84
160
120
109
97
181
130
125
104
176, 727 175, 772
1,817
1,827
269,984 266, 876
14.9
15.0
173, 507
1,791
256, 511
14.6
172,939
1,784
254,598
14.5
2,199
45,179
9,825
21.8
81
284
2,197
45, 088
9,556
21.2
46
138
178, 703 178,125
1,851
1,842
284, 427 273,125
15.5
15.0
2,215
45,686
10,335
22.6
86
221
65
27, 587
2,212
45,610
10,187
22.3
43
119
2,211
45,565
10,127
22.2
53
108
41, 405
41, 986
9,677
22,964
14, 646
8,318
2,514
2,299
49
28,362
2,206
45,375
9,914
21.8
54
241
40, 509
810
6,432
4,514
1,981
1,281
1,281
25
4,489
2,798
1,691
1,755
1,754
10,030
12, 715
5,224
7,491
1,912
1,912
172, 620 "172, 460
1,780
1,778
249, 246 253,125
14.2
14.5
2,194
45,009
9,642
21.4
53
132
2,193
44,966
9,610
21.4
60
103
40,186
1,050
13,315
4,444
6,871
746
746
7,236
12,629
4,052
8,577
430
430
627
13, 478
5,471
8,007
189
186
3,650
15, 683
7,035
8,648
2,168
2,066
58
58
10
5
0
106
100
33
67
45
38
30
8
2
46
13
15
40
34
26
8
2
95
90
33
57
12
101
95
33
62
12
6
6
0
9
9
0
4
4
0
9
7
2
0
0
0
4
3
1
0
0
13
13
45
45
76
74
2
78
76
2
117
114
115
103
12
100
74
26
37
50
75
71
4
112
99
13
Revised.
* New series. For earlier data see p. 20 of the February 1934 issue for total shipments, accessories and parts, and registrations of new commercial cars.
t Revised series. For earlier data see p . 19 of the August 1933 issue for fire extinguishers and passenger-car registrations; exports of locomotives for 1932; p . 55 of the
June 1933 issue for 1933, see p . 20 of the September 1934 issue, and for 1934 p . 19 of this issue. Data on automobile production revised for 1933. See p. 55 of the August
1934 issue._ For revised data for 1934 see p p . 55 and 56 of the J u n e 1935 issue. D a t a for 1935 and 1936 through March revised. See p . 59 of the June 1936 issue.
• Taxicabs are included in figures for passenger cars, beginning January 1934 in order to avoid disclosure of individual companies.
? United States and Canadian dealers, plus overseas shipment.
60
SURVEY OF CURRENT BUSINESS
1936
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
July 1936
1936
1935
May
June
July
DecemAugust Septem- October November
ber
January
February
March
April
TRANSPORTATION EQUIPMENT—Continued
SHIPBUILDING
United States:
Merchant vessels:
154
Under construction.thous. of gross tons..
Completed during month,
total gross tons.. 24,442
Steel
-total gross tons__ 15, 442
World (quarterly):
Launched:
Number
— - ships.
Tonnage
_thous. of gross tons._
Under construction:
Number
Tonnage
20
20
31
72
76
77
82
119
119
133
137
154
22,026
15,801
5,928
2,189
4,530
957
4,305
45
15,860
8,464
9,266
1,707
4,617
2,660
36, 651
8,017
17,576
10,242
18,429
17,297
20,898
13,386
21, 321
8,024
ships__
thous. of gross tons__
135
119
124
148
323
263
359
397
330
268
1,283
537
393
1,198
1,543
1 820
CANADIAN STATISTICS*
Business indexes:*
Physical volume of business
1926=100..
Industrial production, total. .1926=100..
Construction H A
1926=100..
Electric power
1926=100—
Manufacturing
1926=100Forestry
1926=100—
Mining t
1926=100..
Distribution
1926=100..
Oarloadings
1926=100..
Exports (volume) t1926=100—
Imports (volume)
1926-100..
Trade employment
1926=100..
Agricultural marketing
1926=100..
Grain marketings
1926=100..
Livestock marketings
1926=100..
Commodity prices:
Cost of living indexc?
1926=100..
Wholesale price index #
1926=100..
Employment, total(first of month).1926=100..
Construction and maintenance. 1926=100—
Manufacturing
1926=100..
Mining
1926=100..
Service
1926=100..
Trade
1926=100..
Transportation
1926=100..
Finance:
Banking:
Bank debits
mills, of dol—
Interest rates
1926=100..
Commercial failures*
...number.
Security issues and prices:
New bond issues, total t
thous. of dol—
Bond yields
percentCommon stock prices, total f. 1926=100—
Foreign trade:
Exports tthous. of dol..
Imports
thous. of dol—
Exports, volume:
Wheat
thous. of bu._
Wheat
flour
thous. of bbl—
Railway statistics:
Carloadings—
thous. of cars..
Financial results:
Operating revenues
thous. of dol..
Operating expenses
thous. of dol—
Operating income
thous. of dol—
Operating results:
Freight carried 1 mile
mills of tons.
Passengers carried 1 mile.mills of pass
Commodity statistics:
Production:
Electrical energy, central stations
mills, of kw.-hr—
Pig iron
thous. of long tons.
Steel ingots and castings
thous. of long tons.
Wheat
flour
thous. of bbl—
109.7
110.6
32.7
214.6
110.3
119.0
170.9
107.1
74.1
113.8
91.5
128.5
110.0
110.6
107.2
»103.3
104.4
35.8
198.1
105.1
108.7
147.6
100.5
73.4
a
88.7
84.0
121.2
86.3
85.4
90.6
99.2
99.7
41.3
197.4
98.4
105.7
138.4
97.8
70.6
°78.7
74.6
122.6
106.1
112.3
78.2
103.0
104.0
55.4
199.4
101.7
100.7
135.3
100.2
75.0
•88.2
79.8
122.3
164.7
183.4
80.4
107.9
110.3
66.5
206.2
102.7
111.8
165.8
101.3
72.1
» 107.2
80.5
122.8
163.9
181.2
86.6
101.9
102.5
49.3
191.9
100.0
103.7
144.7
100.1
69.6
» 110.5
77.6
123.0
114.2
119.5
90.2
107.2
109.5
50.7
198.9
105.4
114.5
169. fl
100.7 j
71.0
«94.3
85.4
122.8
86.6
86.1
88.7
110.0
113.5
37.0
199.0
118.5
114.8
146.3
100.2
66.8
"86.5
93.7
124.1
43.3
36.4
74.3
106.2
108.8
23.6
197.6
112.5
118.9
160.8
99.3
66.5
«78.0
70.2
128.8
34.0
27.4
63.5
80.1
71.8
99.5
79.4
102.7
127.4
120.4
123.3
82.8
78.6
°72.2
95.2
84.7
95.6
116.2
116.4
119.3
80.1
78.8
71.5
37.6
89.5
98.4
119.2
118.5
119.9
79.9
78.8
71.5
99.5
101.1
98.5
121.5
123.6
122.1
82.7
79.4
71.6
101.1
104.7
99.8
125.2
127.9
120.7
85.4
79.6
72.3
102.7
110.9
100.8
128.6
127.8
121.8
85.8
80.4
73.1
106.1
117.4
103.3
129.5
120.5
123.8
86.4
80.6
72.7
107.7
119.9
103.5
132.5
117.1
124.6
84.5
2.979
76.6
3,132
78.5
101
2,710
80.4
109
2,545
80.2
110
2,498
79.7
94
2,426
88.3
98
2,908
85.4
115
68,091
3.76
93.6
82,243
3.85
93.8
60,311
3.84
02.4
123,263
3.82
94.7
195,994
4.23
93.6
66,724
4.09
96.1
66,345
54,540
»59,399
46,732
• 64,833 • 76,638 « 78,846
48,414
49,560
44,689
• 91,323
52,751
11,990
383
6,495
430
9,158
395
21,698
377
17,273
396
28,919
501
188
186
195
197
221
24,529
21,839
1,781
24,049
22,455
26,187
22,754
2,442
25,520
23,435
1,134
1,720
124
1,860
134
2,041
157
1,923
45
1,816
45
1,792
51
73
1,164
73
992
46,576
3.67
112.8
84,515
59,121
27,317
449
2,083
1,196
1
992
105.2
107.0
95.3
197.1
96.1
106.7
144.4
100.3
72.1
100. 3
76.3
124.0
39.8
29.5
85.7
104.9
104.9
52.6
196.0
96.2
111.3
186.2
104.8
78.4
« 103. 6
78.9
127.3
62.7
53.9
102.2
103.3
104.1
52.0
209.3
98.7
114.4
158.2
101.3
75.4
"92.7
71.4
124.2
89.5
88.3
95.0
80.6
72.6
104.6
95.9
101.4
131.1
116.3
131.0
84.0
80.7
72.9
99.1
74.8
96.8
129.9
118.0
135.9
77.9
80.4
72.5
98.4
74.4
98.5
129.4
116.4
121.6
78.2
80.5
72.4
98.9
78.2
99.5
129.1
117.5
123.1
78.9
3,022
80.8
2,932
82.7
2,992
85.5
2,767
80.6
2,599
77.3
147,080
3.87
105.8
121,372
3.96
107.4
133,384
4.10
112.9
138,853
3.86
120.7
123, 332
3.70
117.4
107
112
a
104
131
95,685 « 79, 245 <» 64,744 » 62,798
55,958
41,597
38,569
40,590
26,575
14,241
7,557
17,044
103
a
a
74,582
52, 681
13,146
525
444
314
340
251
214
174
173
180
192
29,585
23,436
5,380
32,279
23,598
7,730
27,154
20,854
0,290
26,656
21,333
4,289
22,234
21,440
d
205
22,597
21,187
339
25,535
22,465
1,914
1,784
185
2,712
137
2,937
108
2,240
1,934
1,763
1,814
2,056
101
140
117
117
126
MM
1,919
54
2,163
46
2,143
2,157
2,091
1,938
2,135
65
71
61
56
54
82
1,161
91
1,535
95
1,825
94
99
957
100
982
93
101
1,019
1,172
1,604
477
d
• Revised.
Deficit.
• Statistics in this section, with few exceptions, are from the Dominion Bureau of Statistics, Ottawa.
^ Data for 1934 revised. See p. 56 of the May 1935 issue.
• New series. For earlier data see p. 18 of the February 1933 issue, business indexes, and p. 20 of the October 1933 issue, commercial failures.
t Revised series. See p. 55 of the April 1934 issue, construction and mining, for 1933. Series on common-stock prices revised back to December 1932 as a result of additional stocks being added; for revision see p. 56 of the April 1934 issue. New bond issues revised for the year 1935; see p. 60 of the April 1936 issue.
# Number of commodities changed from 502 to 567 beginning with month of January 1934.
cf Data revised January 1932 through July 1933. Revision for 1932 see p. 55 of the November 1933 issue. Forfinalrevisions for 1933 see p. 56 of the October 1934
issue.
A Data for 1935 revised. For revisions see p. 60 of the May 1936 issue.
% Data on exports, both index numbers and absolute figures revised beginning April 1933 to include non-monetary gold. Revisions other than those shown above will
appear in a subsequent issue.
U. S . G O V E R N M E N T
PRINTING
OFFICE: ! 3 3 S
INDEX TO MONTHLY BUSINESS STATISTICS
Page
54
Abrasive paper and cloth
.
31,32
Acceptances
^
59
Accessories, automobile
Advertising
25,26
Africa, United States trade with
37
Agricultural products, cash income received
23
from marketings of
31
Agricultural wages, loans
51
Air-conditioning equipment 26
Air mails
38,58
Airplanes
39
Alcohol, denatured, ethyl, methanol
52
Aluminum
39,40
Animal fats, greases
Anthracite industry
22,29, 45,46
Apparel, wearing
28, 30,57
Argentina, United States trade with; exchange; flaxseed stock
33 37,40
37
Asia, United States trade with
47
Asphalt
--Automobiles
22,26,27,28,30, 58,59
52
Babbitt metal™
.43
Barley
50
Bathroom fixtures
44
Beef and veal
rB ever ages, fermented malt liquors and dis42
tilled spirits. _
_
Bituminous coal
22, 30,46
50
Boiler and boiler fittings
35,36
Bonds, prices, sales, value, yields
54
Book, publication
54
Boxes, paper, shipping
53
Brass
Brazil, coffee; exchange, United States trade
with
—
- 33, 37,45
56
Brick
32
Brokers' loans
53
Bronze
24,25
Building contracts awarded
25
Building costs
48,49
Building materials
22
Business activityt ndex (Annalist)
32,33
Business failures
--42
Butter
60
Canadian statistics
45
Candy
38
Canal traffic
35
Capital issues
Carloadings.
22, 37,38
44
Cattle and calves
41
Cellulose plastic products
Cement
22,27,28, 30,56
26,27
Chain-store sales..
42
Cheese
.
Chile, exchange, United States trade with- _ 33,37
45
Cigars and cigarettes
29
Civil-service employees. _,
—
Clav products
23,27,28 30,56
Clothing
24,28 30,57
Coal
22,29, 45,46
44
Cocoa
Coffee
23, 24,45
46
Coke
_
26
Collections, department stores
31,32
Commercial paper—
38
Communications
Construction:
24
Contracts awarded, indexes
25
Costs
25
Highways
31
Wage rates
52
Copper
53
Copper wire cloth
40
Copra and coconut oil
43
Corn
23
Cost-of-living index
Cotton, raw and manufactures
23, 24,57
40
Cottonseed, cake and meal, oil
Crops
23,40,42, 43,57
Dairy products
.. 23, 24,42
32
Debits, bank
...
34
Debt, United States Government
28,30
Delaware, employment, pay rolls
27
Department-store sales and stocks
32
Deposits, bank
29
Disputes, labor
36
Dividend payments
48
Douglas fir
Earnings, factory
29, 30,31
23,44
Eggs..
52,53
Electrical equipment
Electric power, production, sales, revenues. 22,41
37
Electric railways
Employment:
28,29
Cities and States
—Factory
----27, 28,29
29
Nonmanufacturing
...
-—
29
Miscellaneous
38
Emigration
.
50
Enameled ware
25
En gineering construction
England, exchange; United States trade
with
_
33
-|37
Exchange rates, foreign
34
Expenditures, United States Government..
39
Explosives
36,37
Exports
Factory employment, pay rolls._ 27,28,29, 30,31
32,33
Failures, commercial
Page
Fairchild retail price index
23
Fares, street railways
37
Farm employees
29
Farm prices, index
__
23
._
34
Federal Government, finance.
Federal-aid highways
_
25,29
Federal Reserve banks, condition of
32
Federal Reserve member bank statistics
32
Fertilizers. ._
39
Fire-extinguishing equipment
59
Fire losses
25
Fish and fish oils
40,45
Flaxseed
.
40
Flooring, oak, maple, beech, and birch
48
Flour, wheat
43
Food products
22-25,28,30,42
Footwear
47,48,55
Foreclosures, real estate
.
25
Foreign trade, indexes, values
36,37
Foundry equipment
51
France, exchange; United States trade with- 33,37
Freight cars (equipment)—
38,59
Freight carloadings, cars, indexes
37
Freight-car surplus
38
Fruits
...
23,42
Fuel equipment
„
.
51
Fuels
.
45,46,47
Furniture
49
Gas, customers, sales, revenues
41
Gas and fuel oils
46
Gasoline
46
General Motors sales
59
Glass and glassware
.
22,27,28,30,56
Gloves and mittens
47
Gold..
___
34
Goods in warehouses
26
Grains
23,24,43
Gypsum
56
Heels, rubber__
55
Hides and skins
24,47
Hogs
44
Home loan banks, loans outstanding
25
Home Owners' Loan Corporation
25
Hosiery
57
Hotels
29,30,38
Housing
23
Illinois, employees, factory earnings
28,30,31
Imports
37
Income-tax receipts
34
Incorporations, business
26
Industrial production, indexes
22
Installment sales. New England
27
Insurance, life
33
Interest payment
36
Interest rates
_.
32
Investments Federal Reserve member banks.
32
Iron, ore; crude; manufactures
22,49
Italy, exchange; United States trade with.. 33,37
Japan, exchange; United States trade with. 33,37
Kerosene
47
Labor turn-over, disputes
29
Lamb and mutton..
44
Lard
_
44
Lead
52
Leather
22-24,28,30,47
Leather, artificial
58
Liberty bonds
35
Linseed oil, cake, and meal
40
Livestock..
23,24,44
Loans, agricultural, brokers'* time, real
estate
31,32
Locomotives
59
Looms, woolen, activity
58
Lubricating oil
47
Lumber
22,24,27-29,48,49
Lumber yard, sales, stocks
48
Machine activity, cotton, silk, wool
57,58
Machine tools, orders
51
Machinery
27,28,30,51,52
Magazine advertising
25
Manufacturing indexes
22
Marketings, agricultural
23
Maryland, employment, pay rolls
30,31
Massachusetts, employment, pay rolls
30,31
Meats
44
Metals.
22-24,27,28,29,30,49-53
Methanol
39
Mexico:
Silver production.
34
United States trade with
37
Milk
-42
Minerals..
__
22,45,52
Money in circulation_.
34
National Industrial Recovery Act, highway
construction
25
Naval stores
39
Netherlands, exchange
33
New Jersey, employment, pay rolls
29-31
Newsprint
54
New York, employment, pay rolls, canal
traffic
28-31,38
New York Stock Exchange
35,36
Notes in circulation
32
Oats
43
Oceania, United States trade with..
37
Ohio, employment
29
Ohio River traffic.
38
Oils and fats
39,40
Oleomargarine
40
Pago
Paints
.
41
Paper and pulp.___
22,23,28,30,53,54
Passenger-car sales index
...
26
Passengers, street railways; Pullman
- 37,38
Passports issued
*.
38
Payrolls:
Factory...
29
Factory, by cities and States
...
30
Nonmanufacturing industries ...
30
Pennsylvania, employment, pay rolls
. . 29,30
Petroleum and products
22,24,28-30,46-47
Pig iron
__
22,49
Pork
„__
44
Postal business
.
._
26
Postal savings
...
33
Poultry.
. . 23,44
Fnces:
Cost of living, indexes
._
23
Farm indexes
;.
...
23
Retail indexes
;.•
23
Wholesale indexes
...
24
World, foodstuffs and raw material
24
Printing
. . 22,54
Production, industrial
..
22
Profits, corporation
. . . ,..34
Public
finance
.
...'
$4
Public utilities
. . 29,36
Pullman Co
...
38
Pumps
51,52
Purchasing power of the dollar..
...
24
Radiators...
...
$0
Radio, advertising
....
...
25
Railways; operations, equipment, financial
statistics
37,38,59,60
Railways, street
•..
37
Rayon
...
$7
Reconstruction Finance Corporation, loans
outstanding
.... .
...
34
Refrigerators, household
.
52
Registrations, automobiles
..
...
59
Rents (housing), index
.
..
23
Retail trade:
Automobiles, new, passenger . . .
...
26
Chain stores:
5-and-10 (variety)
.
...
26
Grocery-.
_
26
Department stores
.
.
27
Mailorder
.
27
Rural general merchandise...
......
27
Roofing
._
41
Rice
43
Rubber, crude; scrap; clothing; footwear;
tires
22-24,28,30,55
Rye
43
Sanitary ware
...
..
50
Savings deposits
32
Sheep and lambs
._
.
44
Shipbuilding
22,27,28,30,60
Shoes
_
22,24,28,30,47,48
Silk
22,23,24,57
Silver
_
22,34
Skins
...
47
Softwoods
48
Spain, exchange
.
..
33
Spindle activity, cotton
.........
57
Steel, crude; manufactures
22,49,50
Stockholders
36
Stock indexes, domestic and world
.
23
Stocks, department stores
...
27
Stocks (see individual commodities).
Stocks, issues, prices, sales
.
36
Stone, clay, and glass products....
...
22,
23,27,28,30,56
Sugar
23,24,45
S ulphur
.........
39
Sulphuric acid
......
...
39
Superphosphate
.
39
Tea
23,24,45
Telephones and telegraphs
.
38
Terneplate
.
51
Terra cotta
...........
56
Textiles, miscellaneous productt...
....
58
Tile, hollow building
.
....
56
Timber
48
Tin and terneplate
23,24,51
Tires..
_
22,24,28,30,55
Tobacco
22,25,28,30,45
Tools, machine
,...
.-.51
Trade unions, employment......
. -. .
29
Travel
..
38
Trucks and tractors, industrial electric . 59
United Kingdom, exchange; United States
trade with
. . . . 33,37
Uruguay, exchange
..
....
33
United States Steel Corporation.
31,36,50
Utilities
29,30,34,35,36,41,59
Vacuum cleaners
....
...:
52
Variety-store sales index
.
.-.
26
Vegetable oils
39,40
Vegetables
23,42
Wages
31
Warehouses, space occupied
.
....
26
Waterway traffic
.-.*
38
Wheat and wheat
flour
. . 23,24,43
Wholesale prices.
_.
24
Wisconsin, employment, pay rolls_. ;. 29,30,31
Wood pulp
...53
Wool
22,58
Zinc
22,52
Consumer Market Data Handbook
Market Research Series No. 15 : 50 cents
TABLE A.—DATA
COUNTIES AND CITIES
FOR C O U N T I E S . C O T E S , AND RURAL
RETAIL SALES, 1933
POPULATION 1 9 3 0
AREAS
PERCENTAGES OF STATE
AND COUNTY TOTALS
(All cities of 2,500 populatio
«nd ever)
SALES
1933
(51,000)
Popu-
SERVICE,
MUSEMENT
AND
HOTFL
RECEIPTS
1933
($1,00%
RECEIPTS
(934
(tJ.OOOJ
PERSONAL INCOME
TAX RETURNS
(Or 1S33 income)
WIRED
HOMES
(Number of
domestic
tlet. meters)
T A B L E B.—DATA FOR COUNTIES
FARMS—JAN. I. 1 9 3 5
Number of
Passenger
Cars
RESIDENCE
TELEPHONES
JAN. I , 1935
Value of Farn
Lands and
Buildings
($1,000)
hange in
Number July 193 . ,
June»935
1(11.000)
EMERGENCY RELIEF
July 1934-June 1935
Expenditures
SlSti
The "Consumer Market Data Handbook" is more than a valuable source book of statistics; it is
in effect a Nation-wide survey of the markets for consumer goods. Results of the original counts
of governmental and private organizations, costing millions of dollars, have been combined here,
important percentage and per capita relationships have been worked out, and the whole assembled
in a manner selected by experienced sales and research men as being the easiest to use in making
practical application of market data.
Copies of the "Consumer Market Data Handbook*1 are obtainable from the Bureau of Foreign and Domestic Commerce directly, or through any
of the District and Cooperative Offices located in principal cities throughout the country. Remittance in full should accompany all orders. This
publication is NOT available from the Superintendent of Documents.
M a r k e t R e s e a r c h S o u r c e s : Domestic Commerce Series No. 55 (1936 Edition): 25 cents.
Tells who is carrying on market research; what their activities in this field cover; where the results
of their research can be obtained. Material grouped in five major classifications: Federal government (including emergency agencies); State governments; Colleges, universities, and foundations;
Publishers of books and periodicals: Commercial organizations, trade associations, etc. Covers
sources of data on all selling, distribution, and marketing problems. Of essential value to all
businessmen engaged in marketing activities, and to economists, students, and teachers of marketing
subjects.
Copies of "Market Research Sources*1 are available from the Superintendent of Documents, Government Printing Office, Washington, D. C , or th«
District Offices of the Bureau of Foreign and Domestic Commerce located in principal cities.
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