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JUNE, 1932

SURVEY
OF

CURRENT BUSINESS

UNITED STATES
DEPARTMENT OF COMMERCE
BUREAU OF FOREIGN AND DOMESTIC COMMERCE




WASHINGTON
VOLUME 12

NUMBER 6

Over 100 new

of statistical
and an index

have been added in this issue of the SURVEY OF CURRENT BUSINESS.
The contents of the monthly business statistics section have been changed
markedly, both as to presentation and arrangement. With the aid of the index
these changes will enable the reader to find those series in which he is more
particularly interested with a minimum of effort.

The
SURVEY
now assembles under one cover more than 2,100 series of data on current business movements—simplifying the work of business men, research workers, and
others desiring to keep informed on all phases of business activity.

The
1932 annual supplement to the SURVEY
is in process of printing. This volume contains the same series as the current
number, on a monthly basis back to 1923, together with monthly averages for
earlier years, where available. It has been revised thoroughly in form and
content and the joint use of the monthly and the annual is facilitated by the
uniform presentation of data.




V o l u m e 12

Number 6

J U N E , 1932
W E E K L Y DATA THROUGH MAY 21, 1932
M O N T H L Y DATA T H R O U G H A P R I L

SURVEY OF
CURRENT BUSINESS
PUBLISHED BY

U N I T E D STATERS D E P A R T M E N T O F C O M M E R C E
BUREAU OF FOREIGN AND DOMESTIC COMMERCE
WASHINGTON

CONTENTS
SUMMARIES AND CHARTS
Business indicators
Business situation summarized
Comparison of principal data, 1928 to 1932
Commodity prices
Domestic trade
Employment
Finance:
Credit and banking
Security and money markets
Foreign trade
Real estate and construction
Transportation
Survey of individual industries:
Automobiles and rubber.
Chemicals
Farm and food products
Forest products
Iron and steel
Textiles
Miscellaneous industries

Page
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19

STATISTICAL DATA
New and revised series:
Foreign-trade indexes
Cash dividend payments
Weekly business statistics

20
20
21

STATISTICAL DATA—Continued
Monthly business statistics:
Business indexes
Commodity prices
Construction and real estate
,
Domestic trade
Employment conditions and wages
Finance
Foreign trade
Transportation and communications
Statistics on individual industries:
Chemicals and allied products
Electric power and gas
Foodstuffs and tobacco
Fuels and by-products
Leather and products
Lumber and manufactures
Metals and manufactures:
Iron and steel
Machinery and apparatus
Nonferrous metals
Paper and printing
Rubber and products
Stone, clay, and glass products
Textile products
Transportation equipment
Canadian statistics
Index

22
23
24
25
27
30
34
34
36
38
39
42
43
44

,

45
48
49
50
51
52
53
55
56
Inside back cover

Subscription price of the SURVEY OF CURRENT BUSINESS is 31.50 a year which includes the 12 monthly numbers, the annual supplement
and the 52 weekly supplements. Foreign subscriptions without weekly supplements, 32.50. Make remittances only to
Superintendent of Documents, Washington, D. C., by postal money order, express order, or New York draft.
Currency at sender's risk. Postage stamps or foreign money not accepted
120541—32
1




Page

SURVEY OF CURRENT BUSINESS

June, 1932

Business Indicators
1923-1925 = 100
INDUSTRIAL PRODUCTION

160

INDUSTRIAL PRODUCTION

160

S MANUFACTURES (ADJUSTED) °

100
40

40

FACTORY EMPLOYMENT

160

FACTORY PAYROLLS

160

f UNADJUSTED
100

40

TOTAL FREIGHT CAR LOADINGS

160

FREIGHT CAR LOADINGS L.C.L.

160

/UNADJUSTED
H&JisADJUSTED

(

100

4-0 ' < '

DEPARTMENT STORE SALES

200

[ !

i ' I !! ! [ i ! ' I I I I I I I I I I I I I I I I I ! I I I I I I I I I ! I I I I ! i i ! I I i I ! I i I I

WHOLESALE PRICES

160

VALUE OF EXPORTS

VALUE OF IMPORTS

BANK DEBITS OUTSIDE NEW YORK CITY

2OO

200

BUILDING CONTRACTS AWARDED
{-UNADJUSTED

- UNADJUSTED

100

100

0

ADJUSTED

1928

1929

1930

1931

ADJUSTED FOR SEASONAL VARIATION




1932

o

I9Z8

1929

I960

193!

1932

SURVEY OF CUERENT BUSINESS

June, 1932

Business Situation Summarized
April and the first half of May there
DURING
has been a further decline in business activity,
accompanied by a marked shrinkage in the volume of
employment and pay rolls. Prices have continued
under pressure, with a further recession in the general
level of wholesale prices. Usually a slight seasonal
recession occurs in industrial production in April,
but the decline last month was in excess of that normalry experienced. The drop of 4.5 per cent in the
adjusted index resulted from a decline in both manufacturing and mineral production, the latter having
shown increases in the preceding two months.
Automobile production recorded a belated seasonal
expansion in April, and there has been a further gain
during the current month. This activity has also contributed to a slight gain in the rate of operations in
the steel industry during May. Increased output in
April was also reported for the food products, lumber,
and cement industries, while among the extractive
industries increases were reported for petroleum,
anthracite, and silver. With the exception of the cement and anthracite industries, these gains resulted in
advances in the adjusted indexes. The change in the
hard-coal industry, as well as the decline in the manufacture of tobacco, was of approximately the usual
seasonal proportion. Sharp decreases occurred in the
output of the textile and bituminous-coal industries.
The reduction in the output of boots and shoes was also
in excess of the normal movement.

Industrial employment and pay rolls underwent a
contraction during April in excess of the usual seasonal
amount. Increased employment was reported for
several industrial groups, but the gains were mainly
seasonal in character. Factory employment declined
3.2 per cent, after ajustment, while pay rolls decreased
about 7 per cent.
Distribution of merchandise by the railroads declined by more than the usual seasonal amount during
April, and there has been a further drop in the first
half of May. Merchandise 1. c. 1. loadings continued
at the same level as in preceding months, the loadings
so far this year failing to show the usual spring expansion.
Department-store sales increased by more than the
normal seasonal amount in April, but reports from
other leading retail outlets indicated a wider decline
as compared with a year ago than in immediately
preceding months. Exports and imports receded
further during April, but the movement of farm
products abroad has been well maintained. Building
contracts awarded expanded seasonally in April, and
the first half of May has brought a further increase.
Banking conditions continue to improve, although
the shrinkage of outstanding bank credit has not yet
been halted. Security prices have again receded, but
the rate of decline has slackened. Bank debits outside
New York were higher than in March, but continue
to run about 27 per cent below a year ago.

Year and month

i

io i
H

1
3
(3

ee
S

S3
°-g

t
jj

I
en

ce

V

I
g

1

1
G
eg

s

"i
4>

a
i

Merchandise, 1. c. 1.

Total

I-

3
»o g
c

1

£"8
as
«*«£
o^
+i cs
ti a

S3
0

E
•^

•d4>

o>
^

i
I

"oa

1 f

f

P

i
H3
o>
OS

53

1

te
•w

£

1»
=

IM

I

1

w

a

Monthly
average
1926-100

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

Wholesale price index, 784 commodities
i
ll

j

a?

>.

Adjusted 2

Unadjusted i

DepartmentForeign
store sales, trade, value,
value
adjusted -

Freight-car loadings

Building contracts, all2 types,
value, adjusted

Factory employment
and pay rolls

Industrial production

Bank debits outside New York
City

MONTHLY BUSINESS INDEXES

107

110

94

104

104

104

92.4

97.1

93

97

101

98

110

107

92

88

123.4

101

90.0

90
89
83
80
78
77
75
73
68

91
90
82
79
77
76
72
71
66

83
84
85
85
82
82
92
84
80

88
87
83
82

73
74

87
86
82
82
78
75
71
71
73

91
87
86
86
79
77
84
81
85

78.0
77.8
76.0
75.1
74.1
72.8
70.3
69.3
69.4

73.6
72.2
67.6
64.4 !
64.3
61.8
59.4
56.2
55.8

77
79
77
78
76
78
78
70
61

80
79
77
76
72
69
69
68
69

91
92
89
87
86
88
87
85
77

88
89
89
88
86
85
83
83
83

101
97
90
65
67
87
93
95
142

106
97
95
91
88
84
86
83
180

60
57
55
54
47
45
44
44
46

53
55
57
59
54
56
51
46
48

99.5
95.6
98.4
93.5
83.8
84.3
91.9
74.0
86.7

73
65
63
61
59
59
55
49
38

74.8
73.2
72.1
72.0
72.1
71.2
70.3
70.2
68.6

71 i
71
68
64

70
70
66
63

74
75
77
71

72
70
67
64

71
68
64
61

77
78
84
79

68.1
67.8
66.4
64.3

52.4
53.6
52.3
48.7

58
59
58
57

65
62
61
59

75
75
75
75

81
78
75
73

64
64
70
76

78
78
72
180

39
45
41
38

42
41
37
36

80.6
65.2
69.6
72.8

31
27
26
26

67.3
66. 3
66.0
65.5

106 !
87
69

108
88
67

99
84
74

93.7
78.0
66.7

96.9
72.5
51.8

91
75
58

99
63
41

89
56
39

122.4
98.6
72.1

101
75

91.0
76.566.3




1

3
73

Adjusted for number of working days.

99
88
75
2

95
88
69

!
1

Adjusted for seasonal variation.

28

SURVEY OF CURRENT BUSINESS

June, 1932

Comparison of Principal Data, 1928 to 1932




F/R5T 4- MONTHS

REMAINDER OF YEAR

BANK DEBITS OUTSIDE NEW YORK CITY -

50

150

100

200

(BILLIONS OF DOLLARS)

250

350

300

yzw^//z^^
X V///1 / , / /1 V /. ,\ , , , , J, / ///I/ / / , A

.i.

1

^^^^^
CONSTRUCTION CONTRACTS AWARDED - (BILLIONS OF DOLLARS)

STEEL INGOT PRODUCTION -(MILLIONS OF TONS)

AUTOMOBILE PRODUCTION -(THOUSANDS OF CARS)
2000

3000

4000

5000

Y//////////^^^
FREIGHT CAR LOADINGS - (MILLIONS OF CARS)

20

10

~L'"

'y/7///////^^^
'///////////^^^^
</////////^^^

^^^^^

30

40

50

SURVEY OF CURRENT BUSINESS

June, 1932

Commodity Prices
/COMMODITY prices again weakened in April, but
^-^ prices of certain industrial goods displayed a
firmer tendency. However, the advances which occurred were not sufficient to offset price declines in
other commodities. A continuation of the downward
drift in wholesale prices is indicated b}^ the weekly
index for the current month.
Wholesale prices fell to a new postwar low in April
as a result of further declines in prices of farm products
and foods. Of the 784 commodities or price series on
which price quotations are regularly received, 271
declined from March to April, 79 advanced, and 434
remained unchanged. Rubber, leather, and hides and
skins prices continued very weak, averaging about 8
per cent lower in April than in the preceding month,
and prices of silk and rayon, knit goods, and woolen
and worsted goods declined from 5 to 7 per cent.
Butter, cheese, and milk prices dropped 4 per cent.
After advancing from February to March, prices of
livestock and poultry sagged in April and reached a
level 2.2 per cent lower than in February. Prices of
petroleum products, which have tended upward since
July, 1931, advanced 14 per cent from March to April.
Other advances, ranging from 2 to 3 per cent, occurred
in prices of grains, structural steel, fertilizer materials,

and cattle feed. By economic classes, raw-material
prices averaged 1.1 per cent lower in April than in
March, semimanufactured articles 2 per cent lower,
and unmanufactured goods 0.6 per cent lower.
Retail prices of foods declined in April, and on the
15th of the month were 1.3 per cent lower than in
March, 16 per cent lower than a year ago, and only
about 4 per cent higher than in 1913. From March 15
to April 15, 27 of the 42 articles on which quotations
were received fell in price, 8 advanced, and 7 showed
no change. The sharpest decline occurred in butter
prices, which were 9 per cent lower. The more important advances were in prices of meats, except bacon,
and in onions and cabbage. The declines were widespread, with 45 of the 51 cities reporting lower food
prices in April than in March.
After a temporary advance during March, farm
prices again weakened in April, and on the 15th of the
month were 3.3 per cent lower than at the same time
in March. Prices of cotton arid cottonseed registered
the widest declines—8 per cent. Other losses were as
follows: Grains, 2 per cent; meat animals, 4.3 per cent;
dairy and poultry products, 2.8 per cent. Prices of
fruits and vegetables moved against the trend and
advanced 6.8 per cent.

Economic classes

*lsi

as
&C

1
is &
11
*° £ 1
o
w

«
t3
•+*
u

-2
V

•d 3
C&

Year and month

Groups

S

'2

£

•22
«
•*•»
(8

3

d.
e8
g

S

s>

I

m

&

£V

£>

3

|
ft

S
1

05
1

&

3

•d

1
o

JS
0

!s
i>
Is
bfi

.£
j3
'3
M

3

!

« i ?
I«8 \! Ifad

iu , 3e
!

I •
9

-fi
53

«

!

3
fa

1
1
-d
3
88

$
£

W!
fl
£
%

3a?
05

"1
|1
, bfl ^ 0
0)
*&
as
*£
3
•%
S

0
*«•

03
v
3
•d
O
A
o>

aa
1
C
03
a?

1

§

Cost of living 2

g
8

Retail foods i

Wholesale *

Farm, combined index, 27 commodities 3

1

INDEXES OF COMMODITY PRICES

Mo.
Mo.
Mo.
average average
to average
1923 = 1909
1913=
1914 =
100
100
100

Monthly average 1926=100
r

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

Department of Labor.




90.7

89.8

86.1

95.8

94.9

87.8

93.5

91.2

79.5 102.7

93.5

95.3

84.0

81.0

97.9

127

151

74.8 78.3
73.2 76.9
72.1 76.0
72.0 76.1
72.1 76.4
71.2 75.9
70.3 i 75.1
70.2 74.8
68.6 73.3

68.3
66.5
64.7
64.3
64.1
62.7
61.5
62.0
60.2

71.5
69.8
69.3
69.3
68.3
66.7
65.2
64.9
63.7

70.1
67.1
65.4
64.9
63.5
60.5
58.8
58.7
55.7

76.3 75.9
73.8 75.1
73.3 74.1
74.0 73 9
74.6 74.2
73.7 73.9
73.3 72.9
71.0 73.5
69.1 72.3

81.5
80.0
79.3
78 1
77.6
77.0
76.1
76.2
75.7

81.3 65.4 87.5
80.5 65.3 87.6
79.4 62.9 88.0
78 9 62 9 89.4
76.9 66.5 88.7
76.3 67.4 85.0
75.6 67.8 82.5
76.1 69.4 81.6
76.1 68.3 79.8

87.9
86.8
86.4
85.7
84.9
82.7
81.0
80.9
78.5

85.7
85.0
84.4
84.3
83.9
83.9
82.8
82.6
82.2

68.2
67.4
66.6
66.5
65.5
64.5
63.0
62.2
60.8

71.5
70.5
69.7
69.7
68.3
68.2
66.6
68.7
66.8

88. 2
86.9
85.9
85.9 i
85.9
85.6 i
84.9
83.9
83.1

91
86
80
79
75
72
68
71
66

124
121
118
119
120
119
119
117
114

67.3 72.1 58.3
66.3 71.4 56.9
66 0 ! 71.5 56.1
65.5 71.1 55.5

63.1
61.9
60.8
59.6

52.8
50.6
50.2
49.2

64.7
62.5
62.3
61.0

71.7
71.3
70.9
70.9

74.8
73.4
73.2
72.5

75.7
75.5
75.3
74.7

67.9
68.3
67.9
70.2

79.3
78.3
77.3
75. 0

77.7
77.5
77.1
76.3

81.8
80.9
80.8
80.3

59.9
59.8
58.7
57.0

65.6
64.7
64.7
64.7

81.4
80.1
79.6
78.8

63 i
60 '
61
59

109
105
105
104

91.2
70.3
56.7

88.5
72.8
61.4

97.4
71.0
50.7

95.6
78.2
62.6

88.6
77.6
71.2

93.9
82.6
73.5

92.0
83.0
75.3

80.4 103.7
69.9 87 7
68.6 77.5

93.6
88.1
77.2

96.5
86.4
81.0

85.6
70.1
58.9

81. 1
71.8
64.9

98.4
89.5
80.0

130
92 j
61

152
128
106

90.0

91.0
76.5
66.3

91.3
79.9
71.5

2

National Industrial Conference Board.

3

Department of Agriculture.

SURVEY OF CURRENT BUSINESS

6

June, 1932

Domestic Trade
ment by motor-truck transport, but definite figures on
this traffic are lacking.
Commercial failures were fewer in number during
April than in March, but the total continues abnormally high and the liabilities involved in April insolvencies reached a new high record. April failures
were fewer in all classes of business, but insolvencies in
the manufacturing industries were only one less than
recorded for March and the liabilities of the companies
involved exceeded those of the preceding month.
Wholesale and retail trading companies had a much
better month than the manufacturers, and all but
six classes in this group reported fewer failures.
Liabilities of trading companies amounted to $42,000,000
in April, compared with $44,000,000 in March.
The record of business incorporations is presented
in the SURVEY OF CURRENT BUSINESS for the first time
in this issue. This indicator is based on returns from
four leading States and reveals that new enterprises
have been inaugurated in large numbers despite current
business conditions. New enterprises in these four
States have exceeded in number the commercial failures
so far during the present year.
Newspaper advertising in April was only slightly
less than in March. Magazine advertising, however,
continued to expand, and increased 6 per cent over the
preceding month. The average monthly lineage for
magazines and newspapers during the first four months
of 1932 has declined 25 per cent and 16 per cent,
respectively, in comparison with a year ago.

trade continues on a restricted level, with
K5TAIL
some gradual expansion in certain lines but generally of less than seasonal proportions. During the
latter half of April sales of clothing and furnishings
showed moderate gains that were carried over into the
first two weeks of May. Jobbers and wholesalers
report their activities have been mainly confined to
reorders that have followed each period of favorable
shopping weather, as retailers have continued to order
cautiously.
Department-store sales during April advanced to
the highest point of the current year, and the adjusted
index of the Federal Reserve Board increased to the
level of last December. Available figures on the sales
through other retail outlets, however, do not afford
the same favorable comparison. The decline in the
dollar sales volume of 38 chain-store and mail-order
houses amounted to 15 per cent as compared with April
of last year. This is the largest percentage decline
recorded for this group for any month during the
current depression. The decline for the same group
amounted to 13 per cent for the first four months of the
current year in comparison with the same period a
year ago.
Movement of odd-lot merchandise as indicated by
1. c. 1. freight shipments continued during April at
about the level of March. Ordinarily there is a
moderate gain in these movements at this period of the
year, and the adjusted index declined 3 per cent.
Part of this loss may be ascribed to an expanded move-

DOMESTIC TRADE STATISTICS

Year and month

Departmentstore sales

Freight-car Five-and-tenDepartment-3 loariiugs,
cent store
store stocks chandise, merI. c. i.
sales

Unad- Adjust- justed 2
ed i

Unad- Adjust- justed 2
ed

Unad- Adjust- justed 2
ed

Unad- Adjust- justed
ed*

1933




1

110

107

101
97
90
65
67
87
93
97
142

106
97
95
91
88
84
86 i
83 ;
81

64
64
70
76

78
78
72
80

95
88
69

!

Corrected to average daily sales.

Postal
receipts,
50 selected
cities

Thousands of
dollars

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

Mailorder
sales, 2
houses

Commercial
failures
Failures
XT,,

NUm
bber
p ~

Advertising
lineage

Business
incorporaLiabil- Maga- News- itions,
zine paper states
ities

Thou- Thou1 sands sands iC-of! N™ber
of dolls. of lines lines

101

97

101

98 ;

159

161 :

56, 561

32, 644

2, 198 49, 059

3,173

101

3,245

87
85
80
75
76
84
88
73

83
83
82
81
79
81
80
79
78

91
92
89
87
86
88
87
85
77

88 '
89
89
88
86
85
83
83
83 !

160
156
148
140
143
142
169
148
279

168
168
162
149
160
156
152
147
144

52, 078
50, 070
49, 480
45, 093
43, 004
45, 955
52, 280
45, 898
58, 821

29, 257
27, 844
26, 442
24, 578
23, 389
26, 335
28, 618
25, 355
34, 906

2,383
2,248
1,993
1,983
1, 944
1,936
2,362
2,195
2, 758

50,868
!
53,371
51,656
60,998
53, 025
47,256
i 70,660
I 60,660
| 73, 213

2,422
2,364
2,191
1,613
1,316
1,603
1,911
1,882
1,626

89
88
80
67
67
77
88
82
77

3,278
3,096
3,166
2,867
2,704
2,453
2,846
2,774
3,012

67
69
72
62

75
73
70
70

75
75
75
75

81
78
75
73

115
121
138
134

155
156
146
141

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

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

3,458
2,732
2,951
2,816

96,860
! 84,900
i 93,760
101,069

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

68
64
72 !
71

3,311
2,930
3,202
3,073

49, 502
43, 992
34, 565

31, 694
28, 753
25,081 !

2,392
2,717
2,989

54,604
66,368
94,147

2,592
2,030
1,515

92
82
69

3,217
3,179
3,129

89

99
88
75

96
83
68
2

""

1

137
139
127

Adjusted for seasonal variation.

3 End of month figures.

SURVEY OF CURRENT BUSINESS

June, 1932

Employment
the volume of employment expanded
WHILE
seasonally in certain lines during April, there was
a further substantial shrinkage in the total number
employed in industry during the month. For the 16
major industrial groups covered by the Bureau of Labor
Statistics compilation, employment declined 2.7 per
cent and earnings dropped 5.1 per cent.
Increased employment was reported in eight of the
industrial groups, the most pronounced gains being the
seasonal rise in the canning and preserving industry
of 30 per cent, accompanied by an expansion in pay
rolls of 19 per cent. The building-construction group
reported a seasonal rise of 11 per cent in employment
and 16 per cent in pay rolls, while the crude-petroleum,
quarrying, and nonmetallic mining, and dyeing and
cleaning groups also reported substantial gains in both
employment and earnings. Electric railways and retail trade absorbed a somewhat larger number of employees, but reported a decline in earnings, while the
anthracite industry reported a sharp gain in earnings
but a decrease in the number of employees.
Factory employment usually shows but slight change
from March to April on a seasonal basis, so the decline
of 3.5 per cent for the month was reflected in a drop
of 3.2 per cent in the adjusted index. The seasonal
expansion this year has been confined to the slight rise
of|February, and the April decline was the largest since
last October. Increased employment was reported
for the chemical and railroad repair-shop group, while
irt^the stone, clay, and glass industry employment was

approximately unchanged. The gain for the chemical
group was slightly less than seasonal and was attributable to the improvement in the fertilizer industry.
There was a decline in the transportation group, due
mainly to the drop in the automobile industry, but
increases were reported for both the locomotive and
shipbuilding industries. While employment in the food
group also declined, the drop was less than seasonal,
and increases were reported in the beet-sugar, beverage,
ice cream, and butter industries. In the leather industry the adjusted employment index remained unchanged, the only group, aside from foodstuffs, not
reporting a decline on the basis of the adjusted indexes.
Factory pay rolls underwent a further contraction
of about 7 per cent during April, and dropped below
50 per cent of the 1923-1925 average. For the first
four months of the year pay rolls have averaged 29 per
cent below a year ago. Increased earnings were
reported in 15 of the 89 manufacturing groups reporting, including the ice cream, flour milling, beet sugar,
beverage, butter, cutlery and edge tools, naval stores,
fertilizer, soap, stone, locomotive, ship building industries, railroad repair shops, and sawmills.
Employment among trade-union members failed to
maintain the slight gain shown by the revised figure for
March. The number employed in the building,
printing, and metal trades decreased, and the total for
all other trades was unchanged. The number employed part time increased from 20 to 21 per cent of the
total membership.

STATISTICS OF EMPLOYMENT, PAY ROLLS, AND WAGES

Year and month

Factory emAnthracite
ployment
F.B.B.!
mining
F. K. B.
factory
pay
\
rolls,
unadEmUnad- Ad- justed
Pay
ployjusted justed i
ment roils
1

Bituminous
coalmining

Power, light,
and water

Employment

Employment

Monthly average,
1923-1925=100
1930: April
1931:
April
_
May
June
.
July
August..
September
October
November
December..
1932:
January.
February
March
April.
Monthly average, January through April:
1930 _
1931
1933

Employment

Pay
rolls

Employment

Monthly average, 1929=100

Number

Per cent
Cents
of total
members per hour

92.4

97.1

84.1

75.0

94.4

81.7

100.7

102.6

98.9

103.4

97.3

97.5

162

79

40

77.9
77.1
75.0
73.8
74.2
74.7
71.4
68.7
67.9

78.0
77.8
76.0
75.1
74.1
72.8
70.3
69.3
69.4

73.6
72.2
67.6
64.4
64.3
61.8
59.4
56.2
55.8

85.2
80.3
76.1
65.1
67.3
80.0
86.8
83.5
79.8

75.2
76.1
66.7
53.7
56.4
64.9
91.1
79.5
78.4

85.9
82.4
78.4
76.4
77.0
80.4
81.3
81.1
81.2

58.6
54.4
52.4
50.4
50.6
53.6
56.2
54.6
52.3

97.1
97.6
97.2
96.7
95.9
94.7
92.7
91.3
90.3

97.6
98.7
98.3
97.4
96.2
94.3
93.2
93.3
91.2

88.1
87.4
86.9
86.6
85.9
85.0
84.1
83.5
83.1

95.0
94.1
95.0
93.3
92.3
92.1
91.6
89.7
92.7

90.1
89.9
89.1
83.9
81.8
86.6
89.8
90.9
106.2

88.3
88.0
87.6
83.3
80.3
83.5
84.6
85.4
94.1

177
181
205
209
217
196
221
214
191

75
75
75
74
74
74
74
73
70

35
37
37
36
36
34
35
34
33

66.3
67.3
66.3
64.0

68.1
67.8
66.4
64.3

52.4
53.6
52.3
48.7

76.2
71.2
73.7
70.1

61. 5 1
57.3
61.2
72.0

80.8
77.4
75.2
65.5

47.0
47.0
46.8
33.9

89.3
87.2
85. 5
84. 8

88.4
86.0
85.4
82.4

83.0
82.0
81.7
81.2

89.1
89.6
88.2
83.4

84.3
80.5
81.4
81.6

78.0
73.7
73.4
72.7

207
188
197

69
69
70
69

32
33
34
33

96.9
72.5
51.8

93.9
86.8
72.8

95.2
84.4
63.0

99.5
90.0
74.7

92.9
66.4
43.7

99.7
97.7
86.7

101.2
99.6
85.6

100.0
89.1
82.0

104.1
96.0
87. 6

96.1
88.8
82.0

97.2
88.0
74.5

186
196

79
74
69

40
36
33

77. 4

66.0

i Adjusted for seasonal variation.




Pay
rolls

Employ- Employ- Wages,
comment
ment,
mon
I agencies, trade- labor
in
appliunion
road
memcants
per
Pay 100 jobs
buildbers
rolls
ing

Retail trade

92.6

93.1
1

Pay
rolls

Telephone
and telegraph

8

SURVEY OF CURRENT BUSINESS

June, 1932

Finance—Credit and Banking
T?URTHER improvement in general banking condi•*• tions occurred in April and May, a continuation of
the trend inaugurated in February. Bank failures
have been held down to normal proportions, and the
return flow of hoarded currency to the banks has
continued, although at a slackened pace. The contraction of bank credit, however, has not been halted
despite the large-scale purchases of Government
securities on the part of the reserve authorities.
This continued shrinkage of outstanding credit
accommodation is revealed each week in the report of
the member bank loans. Since the end of March
there has been an average weekly reduction in these
loans of approximately $75,000,000. During the
past year the loan account of the member banks has
shown a reduction of well over $3,000,000,000, of
which about 35 per cent represented the reduction in
commercial loans and the balance the decline in
security loans. Investments of the member banks
have increased by about $233,000,000 since March,
principally the result of purchases of Government
securities.
The Federal reserve authorities have continued
their purchases of Government securities during
May on an unprecedented scale. Since April 6 the
reserve banks have purchased these securities to the
extent of $581,000,000, bringing the total holdings of
the system to $1,466,000,000, as compared with
$867,000,000 held on the same date a year ago. Funds

paid for the purchase of these securities find reflection
in the member bank reserve account with the reserve
banks, but these are ordinarily held at a minimum by
the member banks, and the excess is usually employed
in reducing member bank indebtedness and in expanding the earning assets of the banks. The former has
occurred in the current instance, but the banks have
so far not employed their excess balances to expand
commercial credit, or to enlarge their investment
portfolio in securities, aside from governments. The
member bank reserve balances on May 18 amounted
to $2,192,000,000, as compared with $1,942,000,000
on April 6. Of the former amount $1,027,000,000
was in the New York district, as against $867,000,000
on April 6.
The continued shrinkage in the volume of eligible
paper available as collateral for reserve notes has
resulted in the utilization of an increasing amount of
gold for backing the reserve circulation. In early
May the ratio of gold held exclusively against notes
reached 90 per cent. With the continued export of
gold, which has again assumed important proportions,
the reserve authorities found the amount available for
operating purposes too low, and availed of the provisions of the Glass-Steagall Act, which permits the
substitution of Government securities for part of the
gold backing. At the same time the reserve board
announced that the system's reserves of gold, in excess
of legal requirements, amounted to $1,400,000,000.

CREDIT AND BANKING STATISTICS
Bank debits

Reporting member
banks,
Wednesday
closest to end of
month

i """

Year and
month

New
York
City

Outside
New
York
City

Loans
on
securities

Another
loans

Investments

Net
Total
gold
1 bankimDePostal
ers* ac- ports
savings,
inceptMoney posits
New
balin
:
!!""""
"" ances cluding
York ance to
circugold
h
ii Mem-I outState
credit
standlation savings of dereber
ing
Total i bank
leased
banks positors
deposits ! reserve I end of from
ear;|c-t month mark

Con dition of Federal reserve banks, end of
month

w -iio •
' S iJ^/o^t United
dis- jJJ^r States
count- " "i securiBU

Total
reserve
bank
credit

"

-Set; ««

Thousands of
dollars

MILLIONS OF DOLLARS

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




38, 631

24, 315

8,381

8,583

5,789 1

1, 006

233

210

530 i

2,434

26, 821
25, 072
25, 893
21, 007
17, 501
20, 073
20, 678
14, 464
19, 233

19, 620
18, 858
19, 406
18, 444
16, 526
16, 627
18, 125
14, 605
17, 112

7,052
6,867
6,746
6, 544
6, 519
6, 346
5, 897
5,807
5,777

7,941
7,863
7. 945
7,942
7,879
7,845
7,624
7,543
7,327

7, 903
7,807
7, 795
7,810
7, 665
7,916
7, 700
7,506
7,428

937
917
943 1
976
1.255
1, 578
2, 184
1,931
1, 853

157
174
149
195
255
328
728
718
638

163
125
106
73
215
469
681
452
339

598
598
668
678
728
742
727
717
817

!
i
!
!
!
i
l
|

2,434 I I 2,371
2.442 ! 2.389
2,504 ! 2,381
2,527
2,367
2,632 j 2,373
2,506 ! 2 S 364
2, 380 ! 2, 167
2,252 i 2,051
2,125 1 1,961

17, 676
14, 381
16, 160
15,558

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

5,574
5,440
5, 328
5,099

7,256
7. 148
6'. 883
6,783

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

1,856
1,709
1, 597
1,850

899
828
639
556

153
109
68
48

746
740 !
8/2 i
1,228

2,093 i 1,947
1.937
1.849
2.012 |
1,924
2.225
2,124

2,385

66.2

4,518

4,507

170, 152

42.0
53.6
156. 1
-10.2
41. 5
-258.5
-445. 3
117.7
34.0

4,647
4,679
4, 750
4,836
4,947
5,133
5,478
5,518
5,611

5, 059
5,083
5,156
5, 149
5, 173
5,231
5, 217
5, 213
5,255

313, 775
325, 028
347, 417
372, 457
422, 699
468. 908
536', 660
564, 809
605, 112

961 ! -49.6
919 : -64.2
911
33.6
879
-29.0

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

5, 236
5,239
5.290
5,258

658, 081
683, 627
697. 280
713, 867

1,414 i
1,422
1,413
1, 368
1,228
1, 090
996
1, 040
1,002
974

!

!
i
;

SURVEY OF CURRENT BUSINESS

June, 1932

Finance—Security and Money Markets
/CONDITIONS in the money market have been
^-^ influenced mainly by the credit-easing operations
of the reserve banks which have tended to lower interest
rates, particularly on short-term and Government
obligations. The investment demand for bills has
continued well in excess of the available supply, with
the result that the yield has been held to around 1 per
cent. The volume of bankers' acceptances outstanding underwent a further contraction of $32,000,000
during April, part of which was attributable to seasonal
influences. The average yield on short-term Government securities dropped from 2.25 per cent in March to
1.11 per cent in April. The rates on time loans and
commercial paper were lower, although the callloan renewal rate was unchanged at 2.50 per cent.
The accumulation of funds in New York has made it
difficult to find an outlet through the type of investment currently demanded, and during May the interest
rates allowed by the clearing-house banks to depositors
was reduced by one-half of 1 per cent, making the new
rates one-half of 1 per cent on demand deposits,
except for mutual-savings-bank deposits, upon which
1 per cent, the rate on time deposits, is allowed.
The market for long-term corporate security issues
remains dormant, and the small amount of flotations
during April consisted mainly of short-term corporate
issues and farm loan and municipal financing. During
the first four months of the current year capital issues

have been only 29 per cent of the total of a year ago,
and over one-fifth was for refunding purposes.
The decline in dividend payments during the past
year, which has proceeded almost without interruption,
is graphically shown by the series on the average
dividend rate per share which is compiled by Moody's
and presented in this issue. The April rate of $1.60
per share for 600 identical concerns represents a
reduction of 36 per cent from a year ago, and compares
with a high of $3.06 in March, 1930. A further
decline has occurred during May.
Securit}7" prices have again receded to new low levels,
but the decline so far during May has not been as severe
as in the two preceding months. Stock prices have
declined, with only minor interruption since early
March, and the "averages" during this period have
dropped about one-third. The quoted value of all
shares listed on the New York Stock Exchange was
$4,182,000,000 lower at the end of April than at the
end of the preceding month. The turnover on the
exchange remains low, with buying interest lacking.
Bond prices failed to maintain the improvement of
mid-April, and during the final week of the month and
so far in May have moved progressively lower. United
States Government securities have been an exception
to the general trend. Sales of bonds on the New
York Stock Exchange were approximately the same
as in March.

SECURITY AND MONEY MARKET STATISTICS
Dividend and
interest payments

Capital issues
Stock

R

Common Bond
stock yields
yields
W k
l^ "; stocks

SB?

Year and month

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

_

..

.._

_

Per
cent

Per
cent

181.0 111,041

3.78

4.74

959, 823

905, 120

27, 435

763, 881

419, 681

3.04 \\ 4.00

54, 335
46, 661
58, 719
33, 540
24, 890
51, 140
47, 895
37, 369
50, 190

5.43
5.95
5.96
5.66
5.74
6. 51
7.28
7.06
8.66

4.43
4.43
4.45
4.44
4.50
4.70
5.16
5.19
5.81

591,411
427, 713
402, 307
267, 137
126, 836
313, 330
45, 932
130, 787
139, 391

387, 294
344, 164
251, 163
222, 564
120, 329
270, 540
44, 988
110, 215
118, 751

7,235
9,485
3,425
800
2,100
66, 785
9,125
2,619
3,185

745, 673
556, 124
762, 077
945, 976
489, 858
532, 840
747, 157
557, 742
670, 951

434, 873
268, 124
416, 377
559, 076
245, 158
300, 340
458, 757
306, 742
439, 851

2.49
2.41
2.36
2.31
2.26
2.18
2.10
2.05
1.96

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

8.22
8.04
7.16
9.15

5.86
5.91
5.70
6.00

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

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

1,075
0
905
490

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

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

1.89
1.76
1.67
1.60

58.0
56.5
56.8
43 a
1

120541—32


Total

Thou1926 = sands
of
100
shares

109.2
_ _ 98.0
95.1
98.2
95.5
81.7
69.7
71.7
57.7

_

Total

Longterm
New
capital
real
issues estate
bonds

j j Range o f open mari ket money rates
Aver- j New York
age
j
dhi- |
dend i
per ii
ComCall
Interest share
(600
i mon- Time merpaycom!
eyrecial
loans
ments panies) jnewal
paper
i

Thousands of dollars

j Dollars!

i

Wednesday closest to end of month.

Brokers' loans

Per cent

|

Ra-1
tio |
to.}
market
value

Millions of
dollars

Per
cent

!
4,274

5,063

6.72

2
2
2 j
2 -41/4
3^-4^
3M-4

1,730
1,539
1,479
1,390
1,366
1,172
869
720
591

1,651
1,435
1, 391
1,344
1, 354
1,044
796
730
587

3.40
3.37
2.93
3.03
3.04
3.23
2.33
2.35
2.20

3M-4
334-4
3^-3M
3M-3^

505
495
525
495

512
525
533
379

1.94
1.90
2.18
1.87

4 -4M 3%-4

| 1.52 1% 2M
i l 1.45 1H-2
! i 1.50
i ! 1.50 1% iy2
, j 1.50 iM-iM
i\ 1.50 1^-2
2.10 2^-4
i | 2.50 3 -4
! j 2.70 3 -4
;l
i ! 2.65 3^-4
i j 2.50 3M-3^
! j 2.50 2M-3H
|| 2.50 2 -3

2 End of month.

ReMade
byre- ported
by the
port
ing
New
m em- York
Stock
ber i
Exbanks
N. Y. C. change2

v/v-m

1

1 A 2M

2 -m
2

10

SUEVEY OF CURRENT BUSINESS

June, 1932

Foreign Trade
ALTHOUGH the value of United States exports
- * ^ during April was lower than in March, our leading
agricultural products continued to move abroad in
larger quantities than in the corresponding period of
a year ago. Total exports, amounting to $136,000,000,
showed a greater decline than imports, with the result
that the favorable balance of merchandise trade
dropped to $9,000,000. Gold exports of $49,500,000
in April were $5,600,000 greater than in March, while
imports of $19,000,000 were about the same.
The seasonal drop in foreign shipments of raw cotton
from 499,000,000 pounds in March to 295,000,000
pounds in April was the principal factor in the decline
in value of total exports. April shipments of wheat
increased as compared with those in March and were
larger than in the corresponding period of any postwar
year except 1921 and 1927. South America, Greece,
the United Kingdom, France, and Belgium were the
leading markets for wheat in the order mentioned.
Exports of meat products showed a smaller than
customary decline during April, while shipments of
apples and canned and evaporated fruit fell off considerably.
Among our finished manufactures, exports of gasoline
increased 667,000 barrels, while cotton-cloth exports of
44,200,000 square yards were 5,900,000 square yards
greater than in March. The latter figures reflect the
favorable reception by the trade of the improved

styles and fabrics currently offered. Exports of
machinery, automobiles, and rubber manufactures
showed decreases.
Our imports during April included smaller quantities
of crude rubber, raw silk, cocoa, and coffee, but larger
amounts of crude petroleum, advanced mineral oils,
newsprint, tin, furs, tobacco, and fruits than in
March. The value of cane-sugar imports increased
$2,000,000 owing to heavier receipts from the Philippines. Imports of 336,000,000 pounds from the
Philippines and Virgin Islands were valued at $9,000,000, while imports of 365,000,000 pounds from Cuba
were valued at slightly less than $3,000,000.
The decline in value of exports during the current
year as compared with 1931 was due in a large part to
the drop in prices of all classes of commodities and in
part to reductions in foreign sales of our leading
manufactured articles. Shipments of raw cotton,
cotton cloth, and wheat were substantially in excess
of the shipments in the corresponding period of 1931.
The decrease in volume of both exports and imports
in comparison with the corresponding period of a
year ago has slackened during the current year.
In the first quarter of 1932 the drop in exports and
imports amounted to 16 per cent and 4 per cent,
respectively. In both instances, the losses were
smaller than the respective declines of 20 per cent and
10 per cent in the full year 1931 compared with 1930.

EXPORTS AND IMPORTS
1

Exports of United States merchandise

General imports

!

Year and month

Exports,
including
reexports l

Crude
materials

Raw
Total cotton

Foodstuffs

Finished manufactures
i

SemiFruits manWheat Meats and ufaeTotal and and prep- ! tures Total
flour
fats arations

AutomoMa- biles, Gasochin- parts, line
ery
and
accessories

Total

FinSemi- ished
manu- manuma- Foodfacfacterials stuffs
tures

Millions of dollars
331.7
1930: April..
1931:
215.1
April
204.0
May
_. .
187.2
June
180.7
July
164. 8
August
._
180.2
September
204.9
October
_
193.6
November
183.6
December
1932:
150.0
January
153.9
February
March
. __
155.3
April
135.2
Cumulative, January through
April:
1930 ...
1, 461. 0
1931
924.9
1932
594.4
1

52.4

31.1

37.0

9.1

12.8

4.6

47.7

189.3

51.0

35.1

23.0

307.8

105.6

69.7

61.8

70.8

40.2
36.5
29.1
28.4
25.5
44.4
63.6
68.1
68.4

22.9
18.9
13.5
13.5
9.9
23.5
39.8
43.6
47.3

28.2
29.4
28.7
32.3
28.1
28.4
39.3
34.5
27.1

5.7
7.4
8.8
11.6
7.0
6.7
8.8
8.5
7.6

8.5
7.8
7.1
6.8
6.4
6.3
7.1
6.0
7.3

6.4
6.5
5.7
7.6
8.0
9.2
16.2
11.6
6.6

31.1
29.9
27.5
28.0
23.9
21 A
21.2
20.8
20.6

110.6
103.4
97.6
88.4
84.1
83.2
77.3
67.0
64.7

31.0
26.6
28.3
22.7
20.4
24.7
20.2
15.7
17.7

18.1
14.2
12.8
11.5
10.7
8.7
8.5
5.5
7.9

10.4
12.5
7.2
9.0
8.8
7.2
7.2
8.3
5.9

185. 7
180.2
173. 5
174.5
166.7
170.4
168.7
149.7
152.9

54.7
54.2
52.4
50.0
47.7
52.9
52.4
47.8
49.9

51.9
49.6
47.2
47.1
45.4
35.1
36.8
33.0
36.7

33.4
30.4
29.7
30.0
28.3
30.3
29.0
27.4
25.3

45.7
45.5
44.2
47.4
45.3
52.0
50.5
41.2
41.1

49.7
52.6
50.4
34.0

36.0 j 23.7
37.3
22.8
36.5
21.7
20.7
21.0

5.3
5.1
5.4
7.6

6.1
6.0
4. 7
4.2

7.4
7.0
5.9
4.0

18.8
18.3
18.3
18.9

54.7
57.3
61.3
58.5

11.4
13.8
13.5
12.2

6.8
7.4
9.3
7.8

7.6
7.0
6.3
8.3

135.5
131. 0
131.2
126. 7

38.1
37.3
36.0
36.3

38.3
37.8
42.4
38.1

26.6
24.1
20.0
18.9

32.5
31.8
32.8
33.4

48.3
17.7
23.3

61.0
41.3
21.0

28.2
36.8
24.3

193.0
124.5
74.3

764.2
454. 0
231.9

220.3
141.7
50.8

132.6
67.4
31.4

91.3 1,201.0
43.2
754.0
29.3
524. 4

414.9
235.0
147.8

259.9
196.4
156.5

251.5
141.6
89.6

274.7
181.1
130.5

294.5
202.9
186.7

185.1
115.5
130.5

185.2
126.2
89.1

Reexports of foreign merchandise during April, 1932, were $2,828,000.




!

l

11

SURVEY OF CUEEENT BUSINESS

June, 1932

Real Estate and Construction
was the third consecutive month to record
A PRIL
an increase in the value of construction contracts
awarded, and a further improvement in the daily average volume was reported for the first half of May.
The April gain of 8.9 per cent over March contrasts
with a decline of the same proportions in the corresponding period of last year. The increase in April
and May has been of approximately the usual seasonal
proportions, and the Federal Reserve Board's adjusted
index, based on a 3-month moving average of values,
was unchanged from March to April. The improvement in the latter month was due almost wholly to
greater activity in public works and utility construction, which explains the decline in measurable footage
for the month. The Middle Atlantic States, excluding
New York, again took the lead in the value of awards,
which totaled $22,000,000 for that section during April.
Measurable footage and value of residential building in April fell off 15 per cent and 13 per cent, respectively, and were approximately one-third the similar
totals for the same month last year. A marked relative advancement was reported for public works and
utility undertakings, which gained 7 per cent in footage and 58 per cent in value over the amounts for

March. Total value of such contracts let so far this
year, however, was less than one-third the amount of
awards given out during these months in 1931.
Output of cement advanced 13 per cent over that of
the previous month. Lumber shipments have continued to exceed production and stocks have been
further reduced. Fabricated structural-steel orders
were maintained at the March level, but the tonnage
of all bookings during the first four months of 1932
was less than the amount reported for April a year ago.
According to the Engineering News-Record's index,
construction costs, including prices of structural steel
shapes, cement, lumber, and the rates paid common
labor, dropped 3 per cent from March, touching a new
low for the depression. Compared with April of 1931,
building costs were 20 per cent lower in the same
month this year. Building-material prices for frame
and brick houses also continued to decline. The market
for long-term real-estate bonds remains inactive and
the total flotations so far this year have been relatively
insignificant. Public funds are being utilized to finance
construction for certain important projects, notably
the Pennsylvania electrification project, through the
Reconstruction Finance Corporation.

BUILDING MATERIALS, CONSTRUCTION, AND REAL ESTATE

Year and month

F. B. B.
index (3
months
moving
All types of
average construction
of values !
adjust,
ed)

Maple Oak
floor- flooring
ing
Besidential
building

Public works
and utilities
Shipments

Monthly MilMilThou- MilMil- lions
Mil- sands
average lions of lions
of lions of
of lions
of square
of square
1923square dollars
dollars
dollars feet
1925=100
feet
feet
1930: April
1931:
April
May
June
July
._
August
September
October
November
December
1932:
January
February
March
April
Monthly average, January through April:
1930
1931
1933




Building
material
prices

Building materials

Building contracts awarded

Long-term
real estate
bonds

ConFabristruccated
tion
Cecost,
ment strucEng.
tural
steel Frame Brick Newshouse house Bee.
Production

Beal
estate
market acTo
tivity,
finance
deeds
new
record- Total coned
struction

New
orders

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

101

56.6

483

25.4

123.1

1,999

165.7

4,096

31, 874

13, 521

223

173

176

207.1

73.0

27, 435

8,295

73
65
63
61
59
59
55
49
38

39.4
38.9
33.7
33.8
30.6
30.1
30.7
20.5
17.2

337
306
316
286
233
251
242
151
137

22.6
21.9
16.9
15.9
14.1
13.0
15.2
11.0
8.8

95.9
88.9
72.7
63.9
60.2
54.6
60.5
45.3
36.2

785
387
1,117
1, 233
737
353
171
271
280

133.0
108.9
140.8
116.3
73.0
85.1
82.5
47.4
50.3

3,226 28, 155
3,315 27, 745
3,778 23, 131
3,447 25, 691
3,397 21, 464
3,144 19, 486
2,703 18, 203
2, 481 13, 907
1,928 12, 976

11, 245
14, 010
14, 118
13, 899
13, 549
12, 092
10, 762
8,161
5,974

285
152
172
160
124
194
109
91
98

157
160
158
155
156
154
156
158
156

167
167
166
164
163
161
162
163
161

191.6
189. 3
187.2
174.4
171.4
171.4
169.8
169.3
166.2

62.0
61.3
58.4
61.1
59.8
60.3
63.2
59.0
64.5

7,235
9,485
3,425
800
2,100
66, 785
9,125
2,619
3,185

1,700
0
1,000
300
565
395
500
725
0

31
27
26
26

12.6
12.3
16.9
13.9

85
89
112
123

6.9
6.1
8.5
7.2

27.5
24.4
33.2
28.9

300
176
197
211

24.1
28.3
29.9
47.3

1,759
2,061
2, 495

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

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

48
62
64
64

156
157
155
154

161
163
162
160

162.5
161.8
157.2
153.1

57.8
58.8

1,075
0
905
490

240
0
0
490

101
75
28

45.3
32.6
13.9

395
293
102

18.8
18.4
7.3

91.5
82.3
28.5

1,518
487
221

137.8
114.6
32.4

3,738
2,873

31, 690
23, 619
12, 237

10, 352
8,001
4,831

242
195
60

177
162
156

180
170
162

207.4
194.3
158.7

73.2
64.1

19, 360
4, 340
618

8,396
1,763
183

12

SURVEY OF CURRENT BUSINESS

June, 1932

Transportation
OTAL loadings of revenue freight during April
Tdeclined
by slightly more than the normal seasonal
amount. The adjusted index dropped to 59 per cent
of the 1923-1925 average and was at the lowest point
of the current recession. Actual loadings declined
3 per cent from the preceding month and were 26 per
cent below April, 1931. Increased loadings as compared with March occurred in the grain and grain
products, livestock, ore, and miscellaneous groups,
while declines were recorded in the other classes.
As compared with the loadings in April, 1931, all
classes were considerably lower.
The number of idle freight cars, including all types,
increased to 728,000 at the end of April. This was an
increase of 23,000 over the preceding month and of
125,000 over a year ago. Shipments of freight cars by
manufacturers during the month were larger than in
March, but were markedly lower than in April, 1931.
Unfilled orders for locomotives, both steam and
electric, declined from 170 in March to 162 in April.
Freight traffic handled by Class I roads in March,
1932, amounted to 23,579,783,000 net ton miles.
Compared with March, 1931, this showed a reduction of 21 per cent; as compared with March, 1930,
the reduction was about one-third. Class I roads for
the first three months of this year had a net operating
income of $66,064,000, which was at the annual rate

of return of 1.28 per cent on their property investment.
In the corresponding period a year ago their operating
income was $108,533,156, or 2.10 per cent on their
property investment. Dividend payments of steam
railroads during April declined 8 per cent from the
preceding month and were 23 per cent lower than a
year ago. Street-railway dividends amounting to
$7,500,000 in April showed an increase of 53 per cent
over the payments made in March, 1932, but were 6
per cent lower than in April, 1931.
Inland waterway traffic on the Monongahela,
Allegheny, and Ohio Rivers continued to increase
seasonally. As compared with the tonnage carried
in April, last year an increase occurred in traffic on
the Allegheny River, while cargo movement on the
other rivers declined. The decline in cargo carried in
Government-owned barges on the Mississippi River
from 113,000 tons in March to 99,000 tons in April
was occasioned by decreased cotton shipments and
changes in the rate structure. Cargo movement
through the Sault Ste. Marie and New York State
Canals in April showed marked declines when compared with the same month last year.
Clearances of vessels engaged in foreign trade, both
foreign and American, during April totaled 5,313,000
net tons. This tonnage compares with 5,240,000 in
March and 5,907,000 a year ago.

I
f

•d
5
GC

3

H

1

4)
X

o
o

I

1A

•«f
§1

1

a

1

Monthly
average,
1923-1925—1000

1930: April
1931:
April
May
June
July
August
September....
October
November...
December. __
1932:
January
February..
March
AprilMonthly average, January2
through April :
1930
1931
1933




w

*
g

I !

1
•3

1

d
£

a

A
A
u

£

1

1

if
II
CJ en

*S
I

Thou- Thous.
of
dol- Thous.
dollars
sands oflars

Thousands of cars 2

1 Canal and river traffic |
Canals

Rivers j

i

•
OC «

e

—i i
ftd a^ i
a* £ «
•30 eg

es

«*v
fc

ggas

xL,

®

SJ

i! *s
m

2 *"g««
"®g^

Panama Canal, American vessels, both directions

Year and month

£V

«T
S

Dividend payments,
steam railways

F. R. B. index

Freight-car surplus

Freight-car loadings

Pullman passengers carried

RAIL AND WATER TRAFFIC

Thous. of
Thousands of short tons I long
tons

93

97

912.3

135.9

10.2

57.4

39.1

24.5

251.0

16.6

377.6

428

2,420

62, 312

40,000

410

312

101

77
79
77
78
76
78
78
70
61

80
79
77
76
72
69
69
68
69

751.6
740.3
747.9
732.7
749.5
727.0
763.0
654.9
568.3

116.1
113.9
110.6
108.2
118.8
124.2
145.5
121.4
117.6

7.0
6.5
5.5
4.8
4.6
4.8
5.6
5.3
5.8

32.8
32.9
31.3
26.6
27.6
26.1
24.6
21.9
17.8

37.5
35.9
35.0
55.0
45.7
37.2
38.5
36.2
29.7

21.8
20.5
18.6
17.8
21.2
24.1
29.0
25.9
21.6

225.1
217.5
219.0
207.4
213.8
210.2
216.2
201.6
185.6

8.0
17.3
29.8
34.7
35.0
30.3
20.4
6.3
3.8

303.2
293.4
298.1
278.2
282.7
270.1
283.0
236.4
188.2

603
616
599
564
574
564
535
659
751

1,986
1,900
2,051
2,023
2, 091
1,969
1,674
1,526
1,677

39, 074
41, 264
50, 163
56, 535
55, 859
55, 319
64, 020
36, 580
21, 263

36,800
31,500
34,000
41,500
33, 500
26,500
36, 000
32, 450
28,800

922
4,335
6,645
7,613
8,385
7,126
6,248
3,049
284

349
457
385
506
425
587
505
510
0

82 J
100
86 !
104 !
104
107
105 :
86
168

929
937
828
820
859
884
930
676
774

58
59
58
57

64
62
61
59

567.4
561.3
571. 7
554.6

115.2
115.0
121.3
93.3

5.7 18.4
6.2 19.3
6.1 20.0
3.8 19.7

31.0
34. 3
28.9
30.8

22. 1
19.0
16.5
18.7

186.6
183.0
187.3
186.3

2.9
2.7
2.6
3.4

185.6
181. 9
187. 5
199.6

742
722
705
738

1,643
1, 424
1,404

11,714
22, 043
32, 289

42,500
29, 000
30, 500
38, 300

0
0
0
369

0
0
0
350

131
113
113
99

652
623
726
620

885.6
728.2
563.8

158.9
135.4
111.0

10.7 55.3 40.4 25.2 243.4
8.2 33.7 39.4 22.3 216.0
5.5 19.4 31.3 19.1 185.8

11.0
6.2
3.9

340.6
267.0
188.7

433
631
734

2,504
2, 019

59, 714
36, 902

47, 775
45, 225
33, 550

91
75
58

i Daily average basis.

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

:

81 :'
78
114 |
i

1,120

1, 162
915
657

SURVEY OF CURRENT BUSINESS

June, 1932

13

Automobiles and Rubber
ACTIVITY in the automotive industry expanded
•^~*- steadily during April and the early part of May.
Production schedules declined successively through
each month of the first quarter, but in April the gain
in output was greater than seasonal and the adjusted
index of the Federal Reserve Board rose 25 per cent.
Truck output during March did not keep pace with the
production of passenger cars, but in April commercial
vehicles gained 39 per cent, while passenger cars increased only 22 per cent.
Retail sales of motor vehicles expanded during
April and May. Several producers conducted intensified sales campaigns, and in most instances good results
were reported. The market situation was also clarified
somewhat by the last of the low-priced producers
presenting his product and reaching volume production. R. L. Polk & Co. estimate new passenger-car
sales for April at approximately 119,540 units. This
is based upon reports of registrations and represents
a gain of 20 per cent over March. The March level
of truck sales was not maintained, and the estimated
total for April was placed at 16,600 units.
Canadian production did not follow the trend of the
American industry and a decline of 18 per cent in
April followed the gains of the preceding four months.
The peak of activity was reached in March, when the

output was considerably above the level of the other
months.
Evidence of declining output in the rubber-producing
countries continues to accumulate, but the year as a
whole is expected to show production slightly in excess
of world consumption. The United States tire demand
for 1932 is now placed at 40,000,000 tires, against
49,200,000 in 1931, and rubber consumption for 1932
at 310,000 tons, against 350,000 in 1931. (Last
month the estimated renewal-tire sales for the year
were erroneously reported as for the first quarter, the
period upon which the estimate was based.) Use of
reclaimed rubber for 1932 is now estimated under
75,000 tons, against 123,000 in 1931, and is declining
more rapidly than consumption of crude rubber.
Manufacturers' and distributors' tire inventories on
April 1 were estimated at about 17,250,000 casings,
against 17,500,000 a year previous. Manufacturers'
inventories were high at the end of February, and in
March and April rubber consumption and tire production declined from the February level.
Both employment and pay rolls in the rubber industry declined in April, according to the Federal
Reserve Board indexes. Declines were general and the
adjusted index of employment was 6 per cent below
April, 1931.

AUTOMOBILE AND RUBBER STATISTICS
Automobile
exports

Automobile production
United States

Year and month

F.R.B.
index,
adjusted Total

Canada

Passen- Taxi- Trucks
ger
cabs
cars 1

Total
production

Passen- Trucks
ger cars

Automobile
financing
New
passenger
By
car
reg- 1 whole- Retail
istra- ! sale
purtions
deal- chasers
ers

Pneumatic
tires

Production

Crude rubber

DoDo- mestic
World
mestic conIm- stocks,
ship- sump- ports end of
ments tion,
month
total

1

Monthly average
19231925=

Millions of
dollars

Number

Thousands

Thousands

Long tons

100

1930: April
1931:
April
-_
Mav
June
_- - - July
August
September
October
November
December
1932:
January
February _March
_._
April
Monthly average, January through April:
1930
1931
1932




!

444

372

486

71, 092

24, 257

23, 777

11,461

357, 064

85

147

4,518

3,886

36, 186

45, 648

419, 288

11
60
52
40
26
36
66

337
317
251
218
187
141
80
69
122

286
271
210
184
155
109
58
48
97

665
340
360
180
104
141
651
999
1,144

50, 022
45, 688
40, 244
34, 317
31, 772
31, 338
21, 727
19, 683
23, 644

17, 159
12, 738
6,835
4,220
4,544
2,646
1,440
1,247
2,432

11, 228
8,468
5,843
6,478
5,699
4,577
3,207
1,928
5,753

5,499
4,498
4,340
3,518
2,356
4,171
4,500
1, 184
3,333

265, 732
247, 727
201,911
194, 322
155, 744
124, 903
102, 659
75, 829
77, 564

71
73
58
49
44
36
26
16
29

113
109
105
96
80
68
61
49
50

3, 955
4,543
4,538
3,941
3,125
2,538
2,379
2,001
2, 115

3,804
4,197
4,320
4,244
3,845
3,034
2, 185
2,223
2,171

30, 655
34, 792
34, 883
29, 382
25, 379
21, 747
20, 495
21, 108
19, 696

44,908
35, 844
46, 939
44, 052
39, 033
38,933
41, 398
45, 103
53, 818

520, 232
531,516
536, 982
549, 127
550, 580
554, 458
582, 000
606, 197
619, 906

45
35
28
35

119
117
119
148

99
94
99
121

97
25
74
31

20, 541
23, 308
19, 560
27, 141

3,731
5,477
8,318
6,810

4,474
4,930
5,541
4,449

2,515
2,113
3, 183
1,630

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

35
33
34

45
45
51
56

2,770
3,097
2,937

2,545
1,973
2,281

25, 725 33, 552
27, 611 28, 298
25, 602 45, 588
23,877 38,454

630, 267
636, 206
634, 513
635, 000

100
69
36

361
251
126

303
209
103

931
529
57

56, 591
42, 059
22, 638

17, 731
11, 630
6,084

19, 983
10, 061
4,849

10, 012
5,056
2,360

328, 707
181, 873
94,594

69
56
34

107
83
49

3,911
3,453

3,493
3,096

32, 741
28, 396
25, 704

102
77

45, 451 407, 880
39, 167 515,388
36, 473 633, 997

14

SURVEY OF CUERENT BUSINESS

June, 1932

Chemical Industries
operations continued at a relatively
CHEMICAL
low level in April, and employment in the industry increased by slightly less than usual at this
season. The adjusted index of the Federal Keserve
Board receded to a point 14 per cent below this time
a year ago. In spite of the seasonal rise in employment, pay rolls declined still further to a new low
level, about one-fourth less than a year ago.
Stocks of cottonseed at the mills fell off seasonally
in April but remained at record high levels, being
almost five and a half times the quantity on hand at
this time a year ago. Stocks of crude cottonseed oil
declined further during the month, but stocks of
refined cottonseed oil were at a record high level in
April, having increased during the month instead of
showing the customary seasonal decline.
Production of ethyl alcohol declined further in
March, as did that of both refined and synthetic
methanol. Ethyl-alcohol output was a fifth less than
a year ago, while production of refined methanol was
down almost 60 per cent. Warehouse stocks of ethyl
alcohol have increased slightly more than seasonally
and are greater than a year ago. Stocks of refined
methanol also increased in March, but were over 40
per cent less than a year ago.
By-product coke production declined in April
slightly more than seasonally to an amount 40 per

cent less than a year ago. The production of explosives in March, reflecting the low level of construction
activity, was 33 per cent lower than a year ago.
Shipments, however, were somewhat larger than the
output and stocks at the end of March declined.
Wood-turpentine production increased seasonally in
April, while stocks at plants declined. Production
was 30 per cent less than a year ago, while stocks were
a third less. Wood-rosin output, which increased
slightly over March, was a fourth less than a year
ago, while stocks at plants also declined to a quantity
30 per cent less than a year ago. Net receipts of
gum turpentine at three ports increased sharply, but
less than seasonally in April. Receipts were over a
third less than a year ago. Stocks at these ports
decreased in April, continuing a steady decline since
last October, but at the end of the month were almost
30 per cent greater than a year ago.
Fertilizer consumption in southern States increased
in April, although March is usually the peak month.
Consumption was, however, still almost a fourth less
than a year ago. Total fertilizer imports declined
seasonally in April after the unusually large imports
in March. Imports of nitrate of soda increased in
April after being almost nil in March, but the quantity
imported so far this year has been comparatively
small.

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

Alcohol
ReSynfined thetic
Ethyl methmethanol
anol

Stocks

Pay Manu- Raw
Unad- Ad- rolls,
facjusted justed unad- tured matejusted goods rials

i Southern States.




Fertilizer
Byproduct
coke

Explosives

Rosin,
wood

Tur- Superpentine, phoswood phates

ConTotal Nitrate
soda
sump- im- ofimtion i ports i ports

Production
Thousands of
gallons

Monthly average, 1923-1925= 100

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

!

Thous.
of short
tons

Thous.
of Ibs.

Barrels

Thous. of
short tons

Long tons

111.7

105.6

110.9

134

100

12, 221

524

535

4,217

30, 967

43, 919

8,303

393

1,372

177, 327

69, 788

96.7
91.4
86.7
86.2
84.4
86.0
85.7
83.5
82.0

91.7
93.0
89.6
89.4
86.6
85.7
85.4
83.1
81.9

92.0
88.4
84.1
82.9
80.4
80.8
80.8
76.4
75.0

128
127
122
116
115
118
125
129
124

92
88
88
87
85
100
121
134
125

11, 162
13, 120
13,111
11, 975
12, 363
12, 952
16, 037
14, 084
14, 002

211
118
107
92
65
57
56
87
142

785
784
654
438
316
663
510
364
328

3,146
3,126
2,715
2,569
2,443
2,310
2,389
2,276
2,234

28, 280
26, 960
25, 981
25, 068
24, 548
26, 598
25, 282
24, 509
18, 595

35, 585
33 593
34, 747
28, 495
17, 074
25, 058
26, 102
21, 440
23, 242

6,344
5,996
5,675
4,370
2,607
3,797
3,922
3,547
3,733

245
224
178
196
210
173
188
179
231

1,133
195
74
25
40
91
94
66
67

143, 250
72, 159
59, 970
97, 358
127, 599
146, 700
120, 822
77, 849
70, 754

67, 008
34, 006
29, 711
18, 809
35, 367
48, 590
33, 968
29, 871
17, 029

81.7
81.1
81.1
83.4

81.9
80.2
78.6
78.5

71.4
72.1
70.1
68.5

128
136
135
133

116
107
102
95

13, 224
10, 340
9,526

149
120
103

586
546
514

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

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

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

3,626
3,121
4,329
4,415

215
204
170

172
365
644
868

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

30, 114
8,404
54
2,675

111.2
95.4
81.6

108. 3
93.1
79.8

110.4
91.2
70.5

138
130
133

108
100
105

11,229
10, 955

414
248

520
738

4,181
3,098
3,017

31, 605
27, 612
17,534

42, 363
31, 487
33, 958

7,855
5,619
3,873

413
292

1,210
859
513

240, 652
169, 437
83,700

87, 892
75, 371
10,313

15

SURVEY OF CURRENT BUSINESS

June, 1932

Farm and Food Products
ROCESSING of food products gained 8 per cent
Pduring
April, following the sharp contraction of the
preceding month. Employment in the industry also
experienced a gain after adjustment for seasonal
influences, the first reported so far this year. While
employment remains 8 per cent below the same month
a year ago, the industry has maintained its relatively
favorable position.
Quarterly reports on stocks of canned foods held
by canners and distributors, compiled by the Bureau
of the Census, indicate that distributors are carrying a
supply equal to less than two months' consumption.
In some isolated cases deliveries of large quantities to
distributors are reported, but most large-volume distributors are buying only to meet immediate requirements. As a result of this conservative buying policy,
canned foods are coming to the retail market under a
schedule closely paralleling the movement of raw
fruits and vegetables.
Wheat receipts at principal markets during April
were approximately at the level of the preceding month.
The movement w^as 38 per cent below April of last
year, but equaled the receipts of the same month in
1930. The monthly average of receipts for the first

four months of the current year also equaled those of
1930, but were 39 per cent below last year. Visible
supply of wheat in the United States decreased 9 per
cent between March and April, and the total was 8.5
per cent below April a year ago.
Wholesale prices of food products again declined
during April after the comparative steadiness of the
preceding month. Prices in this group are now 20
per cent below the same month last year and 36 per
cent below April, 1930. The cash price of wheat
firmed slightly after small declines, which have been
in force since the first of the year. Despite this moderate rise, the aggregate cash price is 20 per cent below
April of last year and 42 per cent under the same month
in 1930. Wheat futures improved during the first two
weeks of April, but this movement was followed by a
decline which lasted through the first half of May.
Renewed strength appeared during the third week of
May, with all positions advancing.
Receipts of cattle at primary markets during April
were approximately the same as in March, while hog
receipts increased moderately. Cold storage stocks of
meats at the end of April were about the same as in
March, but were 8 per cent below April, 1931.

1930: April
1931:
April
May
June
July
_
August
September ..
October. _
_
November
December
1932:
January
February
March
April—. ....
Monthly average, January through April:
1930
._
1931
1933
1

Thousands

Millions of pounds

ll
*C
O O

-art

1

3
Thousands of
bags

fi
i£

Butter,
apparCon- Stock,
ent
cold
sump- storcontion,
sumpage,
appar- end
of tion
ent month

Raw sugar 1

>>c

-»

Hog receipts

Meats
Cattle receipts

Millions
of
bushels

£
=3

95

97.5

94.9

54

101

13

136

1.03

22

.82

1,644

3,255

1,017

986

178

460

1, 065

95
89
83
87
88
93
92
91
97

90.6
90.8
88.7
88.1
88.1
87.5
85.5
85.9
86.3

76.3
73.8
73.3
74.0
74.6
73.7
73.3
71.0
69.1

53
62
55
103
83
119
219
159
96

101
107
118
105
94
92
97
98
97

21
31
30
104
61
39
33
26
14

200
198
191
218
243
239
231
230
221

.75
.76
.67
.47
.51
.56
.58
.69
.60

17
11
13
16
11
8
14
12
11

.58
.56
.58
.57
.46
.42
.38
.43 i
.37 i

1,617
1,551
1,539
1,488
1,821
1,797
2,137
1,866
1,453

3,067
2,938
2,854
2,511
2, 454
2,727
3,462
3,752
4,210

1,004
1,060
1,045
1,012
1,043
1,067
1,194
1,020
1,048

1,100
1,062
1,014
946
798
638
506
523
736

186
221
208
198
204
189
187
161
172

460
353
382
473
532
330
269
189
217

1,126
1,415
1, 037
1,100
884
794
907
936
1,203

94
96
84
91

85.3
83.7
83.1
83.6

64.7
62.5
62.3
61.0

89
74
67
52

92
87
88
90

17
25
13
13

212
210
202
183

.61
.59
.58
.60

10
14
11
10

.37
.34
.33
.33

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

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

1,098
955
1,015
1,034

876
1,035
1,011
1,016

157
156
171
177

289
437
515
510

1,220
1,149
1,220
793

94
92
91

97.7
90.5
83.9

95.6
78.2
62.6

63
65
71

95
94
89

17
28
17

155
202
202

1.11
.72
.60

26
19
11

.82
.61
.34

1, 539
1,491
1,353

3,763
3,658
3,444

1,002
1,001
1,026

1,021
1,056
983

161
159 |
165

357
385
438

1,116
1,229
1,346

Includes receipts from Hawaii and Porto Rico.




Millions of
bushels

Imports

Animals and animal products

D o l l a r s per
bushel

ii

Monthly
average,
1923-1925 = 100

Receipts, principal
markets

£7

II

Price,Tweighted average, 6 markets,
all grades

o> o

Monthly
average,
1923-1925 = 100

D o l l a r s per
bushel

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

Crop marketings

Wholesale prices

Employment
adj usted

Year and month

Production
adjusted

F. K. B.

Corn

Wheat
Receipts, principal
markets ^

Food products industry

Animal products, marketings

FOODSTUFFS STATISTICS

16

SURVEY OF CURRENT BUSINESS

June, 1932

Forest Products
stocks in April were 3,000,000,000 board
EMBER
feet less than the high volume recorded on January
1, 1931. During the last three months of this period
the reduction has amounted to 7 per cent, according to
the Timber Conservation Board. However, present
consumption is at a low level, at the rate of about
13,000,000,000 feet annually, as compared with approximately 37,000,000,000 in 1928.
Lumber production for this year through April was
21 per cent of normal, or just over half of output a year
ago. New orders in this period were a third greater
than the curtailed production, which is reflected in the
steady reduction in stocks. April production increased
slightly more than seasonally over March and from
the low record of February. Unfilled orders were being
cut down by increased shipment towards the end of
the month, the latter being 11 per cent above new
orders in the week ending April 30, and about 5 per
cent higher in the previous week.
Employment declined still further in April to a
point a fourth under a year ago and almost one-half
less than two years ago. Pay rolls also declined in
April and are now 50 per cent less than a year ago and
two-thirds less than two years ago.
Car loadings of forest products declined slightly in
April, the weekly average for this month being 40 per

cent less than a year ago and only a third of car loadings at this time two years ago.
Production pf Douglas fir declined in March, wliereas
there is usually a seasonal increase at this time. Production of southern hardwoods, on the other hand, increased more than seasonally in March and April.
Southern pine production increased slightly, extending the steady rise from the low point reached in December. Present output is 36 per cent less than a
year ago and 62 per cent under two years ago. Both
new and unfilled orders declined after increasing regularly since the low level of last December. New orders
have declined somewhat less than production one and
two years ago at this time, being down a fourth and 55
per cent, respectively. Unfilled orders were 40 per
cent less than in April a year ago and two-thirds under
this month two years ago.
Household furniture plant operation in the Grand
Rapids district was 59 per cent of normal in March, a
new low record. This was a sharp decline after the
improvement in January and February. Unfilled
orders also reached a new low, amounting to only about
10 days' production, and being a third less than were
on hand in this month a year ago.

FOREST PRODUCTS STATISTICS
General operations

Year and month

Lumber
production,
adjusted

Indexes of
marketing

EmPay
Total
ploy- roll,
forest
ment, unadprodadjusted justed ucts

_.

"VutTUSt

September
October
November
December
1932:
January
February..
March
April
Monthly average January through April:
1930
1931
1932




Southern hardwoods

Carloadings,
forest
products^

Naval
stores

Production

tinNew
filled
orders orders

Douglas fir i

Produetion

Household2
furniture

Southern pine

UnNew
filled
orders orders

Production

UnUnPiant | filled
New
filled opera- orders*
orders orders
tion end of
month
1

Thou•sands of
cars

Monthly average 1923-1925 = 100

1930: April
1931:
April
May
_
June
July

!1

; NumPOT.
erof
cent :: bda
of mil
f
time ;P^c-

Millions of feet, board measure

78

75.2

73.8

77.6

100.6

57.4

255

199

627

82.3

73.1

66.5

278

243

180

69.0

48
47
42
38
36
33
27
27

55.4
55.4
54.4
52.0
51.1
49.4
48.4
47.4
45.4

44.9
45.7
44.6
41.7
41.3
40.3
38.2
34.4
31.2

63. 6
66.7
67.2
64.6
64.3
65.7
63.1
56.7
53.3

98.3
136.5
189.9 !
186. 7
141.5 i
111.9 !
114.0
97.2
90.4

32.8
32.9
31.3
26. 6
27.6
26.1
24.6
21.9
17.8

146
146
143
109
101
105
105
105
86

154
158
176
139
131
131
131
131
105

463
431
419
402
375
387
374
370
367

50.5
41.4
49.9
37.3
34.4
38.8
30.0
29.0
20.5

56. 1
37.8
47.8
45.3
37.7
39.7
30.3
33.9
23.0

53.9
27.1
40.7
41.4
22.2
31.3
16.3
26.3
17.1

165
148
127
122
120
117
117
111
78

169
158
140
147
151
138
135
111
73

104
84
83 '
83
83
74
58
62
51

67.0
70.0
74.0
80.0
73. 0
72.0
83.0
72.0
56. 5

27
23
27
28

43.9
43.3
41.2
40.2

26.6
25.9
24.5
23.2

49.5
51.1
53.1
58.0

26.4
24.1
29.6
67.8

18.4
19.3
20.0
19.7

68
83
90
101

120
105
113
105

356
315
292
272

24.8
29.0
25.6

31.4
28.1
28.5

28.4
27.8
25.3

80
89
104
106

106
119
127
110

61 ;
74
77
62

68.0 '
73.0
59.0 i
54.0 !

17
13
10
7

78
47
26

77.3
55.9
42.2

73.5
45.2
25.1

70.1 i
58.0 :
52.9 i

54.2
50.2
37.0

55.3
33.7
19.4

258
153
86

211
171
111

629
468
309

66.7
45.5

63.8
51.4

63.9
48.5

262
162
95

245
176
116

191 i
112
69

72.5 i
65.5 i
63.5

25
16
12

1

Weekly average.

2

Grand Rapids district.

18
!
!
i
i
J

'

l

15
11
23
22
20
15
11
13
12

17

SURVEY OF CURRENT BUSINESS

June, 1932

Iron and Steel I n d u s t r y
/^ONTKAKY to the usual downward trend at this
^>* season, slightly increased production characterized the steel industry during the first three weeks
of May, when the rate of operations was maintained
at 24 per cent of capacity, compared to the April
showing of 23 per cent. This improvement was
mainly the result of increased automotive requirements, which are expected to continue upward as
production schedules of the leading automobile producers are expanded further.
During April iron and steel production was at a low
ebb. The Federal Reserve Board's adjusted index of
general operations declined below that for March, and
for the first four months of the }^ear the average was
slightly more than half that for the same period of
1931. Further recessions occurred in emploj^ment and
pay-roll indexes. Unfilled orders of the United States
Steel Corporation at the end of the month dropped to
a new low for all time, and were 40 per cent below the
tonnage reported for April a year ago.
Production of pig iron continued downward. The
daily average rate, which declined 9 per cent from
that of March, was below any corresponding figure
reported since July, 1921. The number of furnaces in
blast at the end of the month was unchanged from
the March total, and was four more than the show-

ing for last December, the low for the c u r r e n t
depression.
Steel-ingot output was 12 per cent below that of
March, which had one more working day, and 54 per
cent less than the figure for April a year ago. For the
first four months of the year the industry operated at
an average rate of 26 per cent of capacity, with total
output approximately half the tonnage produced in
the corresponding period last year and one-third that
in the similar months of 1930.
Volume of new orders of fabricated structural steel
remained at the March level, the highest showing for
the year. Shipments, however, declined 17 per cent
from those of the previous month, and average monthly
shipments thus far in 1932 were 47 per cent of the
figure for this period of 1931.
Subsequent to the announcement of proposed wage
reductions, steel companies experienced pressure from
many directions for lowered quotations, and in spite
of the resistance of the industry to further concessions,
the price tendency was slightly downward in the first
part of May. Excepting in the case of steel scrap, April
prices were well maintained on the whole, and a slight
gain was reported for the iron and steel composite.
Demand for scrap was dull, with consequent further
weakening of quotations.

IRON AND STEEL STATISTICS
General operations

Year and month

Production
(adjusted) i

Employment
adjusted i

1




Steel ingots

Furnaces
in
blast

Thousands of long
tons

Number

Production

Per
cent
of
capacity

Thousands of Per
long cent
tons

Fabricated
structural
steel

United
States
Steel
Corporation,
New Ship- unfilled
orders,
orend of
ders ments month

Thousands of
short tons

Prices
Manganese
ore imports
Steel
(man- Iron
and billets, Steel
ganese steel
Bessescrap,
conmer
Chitent) compos- (Pitts- cago
ite burgh)

Thousands of
long tons

Dollars per long ton

Composite
finished
steel
Dollars
per 100
pounds

114

91.9

97.7

209

45

3,182

183

4,109

79

223

284

4,354

26

34.48

33.00

13. 000

2.39

70
66
60
58
50
45
45
51
42

76.5
74.8
72.6
72.1
70.3
67.4
66.2
65.3
65.4

69.1
64.9
57.6
52.4
50.6
45.2
43.9
41.2
41.0

101
91
76
84
73
70
59
60
57

41
30
31
28
22
25
23
23
18

2,020
1,994
1,639
1,463
1,281
1,169
1,173
1,103
980

113
105
91
82
76
73
70
67
56

2,722
2,506
2,076
1,886
1,719
1,548
1,592
1,594
1,302

49
45
38
34
31
28
28
30
24

285
152
172
160
124
194
109
91
98

159
145
159
181
168
149
144
112
123

3,898
3,620
3, 479
3,405
3,169
3,145
3, 119
2, 934
2,735

33
21
37
38
22
27
21
9
8

31.61
31.39
31.02
31. 05
31.05
31.03
30.81
30.61
30.32

30.00
29.50
29.00
29.00
29.00
29.00
29.00
29.00
28.80

9.813
8.875
8.750
8.750
8.375
8.200
8.000
8.000
7.800

2.22
2.21
2.19
2.20
2.19
2.20
2.18
2.18
2.16

43
41
34
32

64.0
62.4
60.9
59.0

36.3
37.2
35.4 i
32.1

41
40
50
58

25
20
35
29

973
964
967
853

61
64
60
60

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

27
28
25
23

48
62
64
64

66
78
82
68

2,648
2,546
2,472
2,327

17
3
2
14

29.98
29. 56
29. 62
29.75

27.75
27.00
27.00
27. 00

7.500
7.156
7.125
7.000

2.11
2.11
2.17
2.17

111
71
38

92.5
76.6
61.6

95.9
67.3

217
99
47

41
33
27

3,024
1,868
939

180
110
61 1

4,044
2,669
1,393

79
49
26

242
195
60

265
158
74

4,469
3,998
2,498

29
16
9

35.09
31.66
29.73

33.25
30.00
27.19

13. 047
10. 024
7.195

2.43
2.22
2.H

Adjusted for seasonal variation.
120541—32

Pig iron

Pay
rolls Ex- Im- Prounad- ports ports duction
justed

Monthly average,
1923-1925=100

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

Iron and
steel

3

*.

18

SURVEY OF CURRENT BUSINESS

June, 1932

Textile Industry
A

GENERAL slowing down in most branches of the
textile industry occurred during April. The
hesitancy of buyers in placing orders for forward
delivery and the increase in stocks have caused mills to
operate cautiously. Some mills have increased stocks
in anticipation of an early broader demand, but mills
as a whole are adjusting their production to current
requirements.
In April, consumption of raw cotton per working
day totaled 14,300 running bales, one-fifth smaller
than in March. The rate of cotton-spindle activity
declined from 90 per cent of capacity on a single-shift
basis in March to 71 per cent in April, the lowest
operating rate since August, 1930. Production of
300 classifications of standard cotton cloths decreased
for the second successive month to 51,272,000 yards
per week, 9 per cent less than in April, 1931, and about
equal to the output of last December, From March
to April, 1932, shipments of cotton goods decreased
more rapidly than did production, and as a consequence stocks increased 17 per cent. Likewise, sales
were smaller than shipments, and unfilled orders on
manufacturers' books decreased 22 per cent. At the
end of April mills had sufficient orders to last about

4.3 weeks at the April rate of production. Reduction
in prices of several important cotton fabrics caused
the index of cotton-goods prices to decline 2 per cent.
The restricted demand for forward deliveries was
reflected in all branches of the woolen and worsted
industry in April. Wool consumption decreased 32
per cent from that of March and was the smallest
since monthly census figures became available in
1922. The activity of woolen spindles decreased from
45 per cent of capacity in March to 26 per cent in
April and worsted spindles from 37 to 29 per cent, while
narrow-loom activity decreased from 26 to 21 per
cent and that of wide looms from 48 to 28 per cent.
Prices of woolen and worsted goods declined 4.8 per
cent and reached a level lower than in any month
since December, 1915.
April silk deliveries to American mills aggregated
35,779 bales, 24 per cent less than in the preceding
month, and were the smallest since June, 1930. As no
great changes usually occur in mill silk stocks between
two consecutive months, these data probably reflect
the trend of silk consumption. Prices of silk and
rayon continued to decline in April and reached the
lowest level on record.

Monthly average,
19231925=
100

!

Wholesale price

1

Silk
and
rayon

Silk
Deliveries to mills

|

Price, woolen and worsted
goods

Narrow

P°*

Looms

Worsted

oc

Woolen

-i

Wool manufactures

Spinning
spindles

Consumption 2

I

i—

Wool
Wholesale price,
cotton goods

1|

Cotton textiles (23 groups of
textile constructions)
Production i

consumption

Cotton manufactures
&

Mill

Production index,
justed

Year and month

Cotton,
raw

Stocks,
end of
month

ad-

TEXTILE STATISTICS

MonthMonthly av- Thous. Per cent of active hours to \ ly av- Bales of
erage,
of
erage,
133
total
reported
i
1926=
pounds
1926=
pounds
100
100

Monthly average,
1926=
100

Running
bales

Mil- !
s^md^j
hours i

95

531,911

7,497

64,311 63, 340

444, 736

357, 328

89.6

36, 794

58

43 !

41

45

80.7

41, 584

71. 1

96
97
96
100
99
100
93
89
88

508, 691
465, 363
453, 901
450, 884
425, 819
463, 704
462, 025
428, 870
415, 517

7,125
6,733
6.630
6,528
6, 193
6, 540
6, 595
6, 014
5,951

56, 489
56, 348
52, 033
48, 136
52, 262
54, 424
56, 779
57, 861
50, 938

54, 395

54, 774
52, 833
56, 911
55, 610
54, 052
53, 472
47, 567

282, 154
301, 943
288, 235
269, 449
250, 855
244, 924
255, 833
273, 390
290, 248

294, 118
248, 544
330, 575
277, 597
217, 508
227, 167
344, 639
354, 957
322, 039

71.4
69.2
67.6
66.8
64.0
61.5
59.7
58.1
56.4

47, 710
44, 966
45, 805
53, 886
51, 140
47, 548
42, 990
35, 424
31,625

55
60
61
64
66
63
53
46
39

57
66
73
83
78
70 i
49
51
49

42
45
46
43
45
44
39
31
26

54
58
61
64
70
63
49
45
44

69.0
68.5
68.0
67.4
67.4
65.7
64.6
64.2
63.9

41, 356
45, 073
42, 161
44,746
46,454
53,819
56, 668
50,645 i
48,432 ;

43.4
41.4
41.9
43.8
43.7
43.5
41.7
41.8
39.0

89
86
82
66

435, 337
450, 018
488, 655
367, 280

6,214 58, 177
6,567 61,086
6,955 57, 050
5,195 51, 272

67, 225
64, 686
53, 135
40, 526

254, 056
239, 654
259, 231
302, 216

391, 150
377, 988
278, 163
218, 366

55.8
56.4
56.2
55.1

34, 253
34, 426
29, 384
19, 954

52
58
45
26

53
51
37 i
29 !

25
22
26
21

51
61
48
28

63. 3
63.1
62.7
59.7

58, 793
45,909
46,761
35,779

:
i
!
|

37.7
36.5
33.5
31.3

99
94
81

527, 528
470, 673
435, 323

7,526 65, 258
6,653 53, 599
6,233 56, 896

66, 173
58, 142
56, 393

445, 883
307, 694
263, 789

374,313

91.9
72.6
55.9

38, 987
40, 090
29, 504

60
57
45

52
55 i
43 i

43
34
24

49 '
55
47

83.0
72.0
62.2

49,996
51, 723 !
46,811

73.5
46.3
34.3

Thousands of yards

i

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




i Weekly average.

51,401

345, 334
316, 417

2

Grease equivalent.

SURVEY OF CURRENT BUSINESS

June, 1932

19

Miscellaneous Industries
MACHINERY

FUELS

A CTIVITY in the machinery industry underwent
•^** some further contraction during April, judging
by the employment and pay-roll indexes. Machinetool orders received, increased for the first time in
recent months. The index of new orders at 41 per
cent of the 1922-1924 monthly average compares with
33 in March and 105 in April last year. During 1931
the index of new orders showed a steady decline from
April through October, and the rise in NovemberDecember was not maintained. April shipments
were at about the same rate as in March, but amounted
to less than 60 per cent of the total for April of last
year. The demand for increasing efficiency in manufacturing production is looked to by the industry for
an ultimate increase in the demand for tools of
improved design.
New orders and shipments of foundry equipment
during April fell off from the level of March. The
index of shipments for April was the lowest on record,
with the exception of the month of February of this
year. Orders^for future delivery also established a
new low mark. Shipments of electric overhead cranes
during April were greater than during March, while
the number of new and unfilled orders were less. All
three items were much smaller than a year ago. New
orders for electric hoists numbered 137 at the end of
April, compared with 168 in March.

Production of anthracite coal increased during April
by approximately the usual seasonal amount. Bituminous-coal output, however, showed a marked decline,
which was considerably in excess of the normal movement. As compared with the same month last year,
anthracite output showed but slight change, while
bituminous-coal production was much lower. Crudepetroleum output showed a slight increase during
April.

PAPER AND PRINTING
Newsprint-paper production in the United States
during April amounted to 91,235 short tons, or about
9,000 tons less than in March. Canadian output,
on the other hand, recorded the greatest monthly gain
since September, 1931. Shipments of newsprint
during April by both American and Canadian mills
increased over the previous month, while stocks at
mills in both countries declined.

STONE, CLAY, AND GLASS PRODUCTS
Employment in the industry was only slightly
changed during April, but pay rolls continued to
decline. Production of cement during April was 13
per cent higher than in March, but 51 per cent lower
than April last year. The increase for the month
was below the usual seasonal rise. Shipments were
also higher than in March.

MISCELLANEOUS INDUSTRIES

Monthly
average 19231925 = 100
1930" April
1931:
April
May

-

June

July
August
September
October
November
December
1932:
January
. _
__.
February
March
April
Monthly average, January
April:
1930
1931
1933




._ -

_..._-

ing

*i
si

ftfl
3 4)

7=

g

<«

A it
gg

Monthly average 19221924=100

8

JLftd

2 o>

5s

Production, adjusted

Thousands
of dollars

i

V
3

ll
1

1
Short
tons

Monthly average 1923-1925=100

Cement production,
adjusted

An- tu- Crude leMachine Woodworking ma- thra- mi- petro- um
tools
chinery
cite nous leum recoal
fin-

Pay rolls, unadjusted

Petro-

Bi-

Foundry
equipment

Stone, clay, and
glass products
Pay rolls, unadjusted

Paper and printing
Employment, adjusted

Fuels

Employment, adjusted

•

Year and month

Pay rolls, unadjusted

Employment, adjusted

Machinery

Monthly average
1923-1925=100

105.6

113.4

122.8

217.4

179

234

716

1,026

71

98

128

171

103.1

113.5

109, 967

80.7

77. 1

114

78.0
76. 3
73.4
70.3
67.8
67.3
65.6
64.6
64.5

69.7
67.8
62.4
57.4
54.9
51.2
50.2
48. 3
48.9

57.7
54.1
40.9
38.7
16.9
31.9
45.9
17.2
26.3

69.7
118.6
90.4
55.7
37.4
29.6
26.2
32.9
24.9

105
87
74
62
72
56
45
51
68

91
96
95
72
96
92
85
50
57

484
487
503
533
447
345
377
312
310

451
513
463
448
572
379
347
257
361

82
75
75
70
62
65
74
66
69

77
75
74
74
70
70
71
67
64

121
122
122
122
107
102
116
122
121

159
161
159
160
161
159
159
155
149

95.0
95.3
93.6
93.0
93.0
91.1
91.0
89.7
89.2

100.6
100.0
96.6
93.6
93.1
90.4
91.4
90.6
91.0

102, 450
101, 202
101, 086
99, 548
88, 344

94, 149
93, 861

65. 2
65.4
64.4
62.7
60.1
59.4
57.6
55.9
55.0

55. 7
56. 7
54.4
49.4
48.1
46.1
43.9
40.9
37. 4

94
94
93
90
83
79
75
67
61

61.8
61.2
59.2
56.4

44.5
45.0
42.6
39.1

20.5
32.9
27.9
13.8

28.8
15.7
38.3
31.4

59
38
33
41

47
44
52
51

209
220
246
150

248
250
195
199

54
58
81
81

58
63
70
55

111
109
109
110

140
141
136

88.3
87.2
86.2
85.7

85.5
83.5
82.4
79.7

94, 247
87, 157
100, 034
91, 335

51.6
51.4
50.1
48.4

31. 1
32.9
32.2
31.7

65
56
53
46

108.0
80.0
59.7

114.4
70.9
43.8

160. 9
88.0
33.8

201.3
63.2
36.1

178
94
43

215
83
49

974
493
306

1,054
468
333

84
82
69

94
76
63

130
113
110

166
149

103.7
95. 1
86.9

114.6
101.1
83.8

115, 135
98, 256
93, 168

80.9
65.0
50.4

72.0
51.9 '
33.0 !

91,241
97,117

through
116
89
55

SURVEY OF CURRENT BUSINESS

20

June, 1932

INDEXES OF UNITED STATES FOREIGN TRADE 1
Monthly average 1923-1935=100
Month

1921

1924

1923

1922

1926

1925

1928

1927

1929

1931

1930

1932

Exports, unadjusted
K-

January
February
March
April
May
June
July
Au.su.st
September
October
November
December

- --

- - -

- - -

- - - -

_ _ _ _ _
_

Annual index

..-

___

_

-

--

172
128
102
90
87
89
86
97
86
90
78
78

73
66
87
84
81
88
79
80
83
98
100
91

88
81
90
86
83
84
80
82
101
105
106
112

104
96
90
91
88
81
73
87
113
139
130
117

118
98
120
105
98
85
90
100
111
129
118
123

105
93
99
102
94
89
97
101
118
120
127
123

111
98
108
109
104
94
90
99
112
129
121
107

108
98
111
96
111
102
100
100
111
145
144
125

129
116
129
112
101
104
106
100
115
139
117
112

108
92
97
87
84
78
70
78
82
86
76
72

98

84

92

101

108

106 ;

107

113

115

84

53

106
108
110
101
118
115
113
109
106
119
125
118

126
128
128
118
108
116
121
109
110
114
101
106

106
101
96
92
90
87
80
85
78
71
66
68

64
65
62
60
57
55

66 I
59
62
57
54
49
48 ___

40
41
41
36

43
48
54

51 :
48 i

Exports, adjusted
January
February
March
April
May
June
July
August
September
October
November
December

.

_ _ _

__-

.
_ _ _ __

69
71
86
87
89
99
92
86
79
84
89
82

161
138
101
93
95
100
100
105
82
77
69
71

___

_ _ _ _

83
87
89
89
92
95
93
89
96
90
94
102

97
104
89
95
97
91
85
95
107
119
115
107

110
105
118
109
107
96
104
109
105
110
104
112

103
102
98
108
100
100
110
110
112
98
110
116

108
108
107
115
110
106
102
107
107
106
106
101

Annual index

1
1

._._.

_

!
1
!

:

39
45
41
38

!
i

54
47

I

45
44
44
46

:

•
!

i

Imports, unadjusted
January
February
IVtarch
April
Mav
- June
July
- •_
August
September
October
November _
December

_

- - _

- -

- -

- _

_ _ _ _ _
_

_

Annual index

65
66
78
79
63
58
55
60
56
58
65
74

67
67
79
67
78
81
78
87
92
86
90
91

102
94
123
113
115
99
89
85
79
95
90
89

65

80

98

92
103
99
100
94
85
86
79
89
96
92
103
93

107 !
103
119
107
101
101
101
105 :
108
116
117
123

129
120
137
123
99
104
105 i
104
106
117
116
111 i

111
96
117
116
107
110
99
114
106
110
107
103

105
109
118
107
110
98
98
107
99
110
101
105

114
114
119
127
124
109
109
114
109
121
105
96

96
87
93
95
88
78
68
68
70
77
63
65

109

114

108

106

114

79

54

104
110
106
99
108
103
107
112
104
108
101
106

113 i
116 i
107
118
122
115
119
119
115
119
105
97

95
88
84
88
86
82
74
70
74
75
63
65

56
55
59
53
55 !

57 i

42

54
65
58
56
54

41
41
39

54
52

;
;
!
i
[

53
52
46
47

i

Imports, adjusted
January
February
March
April
May
June _
July
August
September
October
November
December

_
_

_

64
67
70
73
62
61
60
63
58
57
65
74

_
_- .

- _

-

-

_- -

_ .

_

.-

67
68
71
62
77
85
85
91
97
84
90
92

91
104
89
93
92
89
94
82
94
94
92
104

101
95
111
104
113
104
97
89
83
94
90
90

106
104
108
99
99
106
110
110
114
114
117
124

128
121
124
114
98
110
114
109
112
114
116
112

109
97
106
108
105
116
107
119
112
108
107
104

42
41
37
36

57
59

'•

54
56
51
46
48

!

Annual index

CASH DIVIDEND PAYMENTS 2
Thousands of dollars
Total
1928

January
February
March
April
May . _
June
July
August...
September
October
November
December

.
-- - _ .

_

_ _

. .- -_ . _

.

Monthly average

. ...

1929

Industrial and miscellaneous
1930

1931

192, 173
340, 917
219,673
172, 308
. . _ 343, 297
307, 439
147,201
315, 244
248, 799
219,421
407. 223
371, 532

234, 176
383, 787
338,219
234, 058
470, 046
387, 067
194, 698
379, 306
354, 126
287, 668
504, 100
484, 638

299, 791
425, 598
379, 076
283, 168
498, 985
443, 537
227, 964
434, 800
405,812
291, 253
476, 185
472, 440

312,023
458, 933
301, 797
262, 456
451,702
399, 518
212,819
380, 793
286, 265
232, 255
371,135
284, 499

282, 102

354, 324

386, 551

329,516

1928

1929

1930

1931

Railroads
1928

1929

1930

1931

169, 660
296, 512
187, 932
147, 853
299, 708
237, 925
140, 769
279, 235
219, 109
192,051
357, 130
287, 905

206, 389
329, 912
280, 029
203, 778
403, 636
307, 525
188, 292
338, 482
318, 9f>0
258, 399
448, 503
415,886

260, 001
382,010
259, 437
246, 005
423, 357
378, 797
213,069
390, 323
369, 444
255, 254
420, 965
389, 830

269, 082
412, 711
274, 276
227, 805
407, 694
330, 688
199, 830
348, 437
266, 372
206, 070
343, 006
249, 075

22, 513
44, 404
31,741
24, 455
43, 589
69,514
6, 433
36, 008
29, 690
27, 370
50, 093
83, 627

27, 788
53, 875
58, 189
30, 280
66,410
79. 542
6, 407
40, 824
35, 166
29, 269
55, 597
68, 753

39, 790
43, 588
19, 639
37, 163
75, 628
64, 740
14,895
44, 477
36, 369
35, 999
55, 220
82, 611

42, 941
46, 222
27, 521
34, 651
44, 008
68, 830
12,984
32, 355
19, 894
26, 185
28, 128
35, 424

234,649

308,316

332, 374

294, 588

39, 120

46, 008

45, 843

34, 929

li
2
Con piled by the U. <S. Department of Ccnmerce, Eureau if Foreign and BcTtiCttic Ccmmerce, frcm the total value of merchandise exports, including reexports and
general in, -ports. The adjusted index has been corrected for seasonal variation by factors selected from the deviations of the monthly figures for the period 1921 through 1931
frcm the 12-n onth n o\irg average. The factors used fcr the \ tried l_£3-]C25 in the case of exports were slightly different than those used for subsequent years, owing to
allowance
for special n oven ents in certain large agricultural experts. For irrpcrts, the san:e scascr.al factors have been used throughout the entire period.
2
Con piled by ire JVetr York Times and represents the aggregate value of cash dividends declared each rrcrith. The total represents a combination of the railroad and




21

SURVEY OF CURRENT BUSINESS

June, 1932

WEEKLY BUSINESS INDICATORS
[Weekly average, 1923-1925=100]
1932

Item

1931

1930

1929

Item

May May May! May May May May May May May
21
24
17
14
7
23 16
18
9
25

Composite index, N. Y.
55.7 56.1 57.0 76.4 77.2 77.8 93.5 94.2 108.6 108.6
Times *
Composite index, Business
Week * 1
56.7 57.8 57.3 78.5 79.6 79.8 95.2 98.3 107.7 108.4
69.0
111. 5
81.1
Detroit employment
137.3
Production:
Beehive coke
4 1 4 ~t 8.2 9.0 10.2 23. 3i 24. 5 56.7 54.7
Bituminous coal (da. av.)_ 42.0 42.0 43.8 64.9 66.4 65.7 81.0 80.0 91.3 89.1
Building (new awards) 33 9 32 7
126.8
'120 7
86.2 86.3 85.8 98.7 99.3 98.3 103.41103.1 102.3 102.3
Electric current f
Petroleum (da. av.)
106.8 107.4 108.1 117. 0 116. 5 118.5 123. 9 125. 2 129.1 126.9
Steel ingots
31.6 32.9 31.6 56.6 57.9 60.5 97.4 98.7 125. 0 126.3
Receipts:
Cattle and calves
__. 54.1 58.9 64.6 76.0 75.0 79.4 70.9 71.2 71.2 76.3
Cotton
19.2 25.8 19.2 22.3 33.5 27.3 39.6 37.7 33.5 34.2
70.0 75.7 66.6 67.5 69.3 70. 1 76.0 76.0 85.7 76.1
Hogs
90.9 71.8 49.9 102. 6 74.1 77.5 59.3J 38.5 52.4 51.3
Wheat.
Distribution: Car loadings .. 52. 7 52.9 54.5 77.1 76.3 76.2 95.0! 94.9 108.5 107.0
Wholesale prices:
Dept.of Labor 1926 = 100—
Total
64.5 64.9 65.1
Farm
47.1 47.8 47.9
Food
59.1 59 9 60 2
* Relative to a computed normal taken as 100.

1931

1933

;

1930

1929

May May May May May May May May May May
14
24
18
7
9
17
25
21
23
16

Wholesale prices — contd.
Fishers' 1926=100—
Total (120)
61.1 61.4 61.6 71.0 71.8 72.0 88.4 88.7 95.9 95.9
Agricultural (30)
42.9 43.4 43.7 60.9 61.6 61.9 93.2 93.4 98.0 98.1
Nonagricultural (90) 65.6 65.8 65.7 74.0 74.5 74.8 85.6 86.3 94.3 94.2
Copper, electrolytic
37.7 39.1 39.9 63.0 63.8 64.5 92.8 92.0 129.0 129.0
Cotton, middling, spot.. 21.7 21.0 21.7 34.2 34.9 36.8 60.3 60.7 71.7 72.4
Iron and steel, composite- 71.5 71.6 71.7 75.8 75.8 75.8 81.1 81.7 89.7 89.7
Banking and finance:
Bank debits outside N.
Y. C. (da av )
65.5 60.9 77.6 98.2 87.5 110.5 119.5 118.2 133.2 131.8
Bond prices
79.5 82.2 82.6 106.7 107.1 106.8 106.3 106.3 104.9 105.3
Business failures (number)
176.9 162.7 147.7 126.3 126.8 155. 3 117.9 127.0 100.7 116.7
Federal Reserve R. M.
banksLoans and discounts. 93.3 93.8 94.8 119.3 119.4 119.4 134.5 134.5 129.5 130.4
Net demand deposits. 92.2 92.3 91.8 113.9 114.1 112.7 110.9 111.5 106.1 108.8
125.1 125.9 125.8 163. 4 163.2 163.7 157.3 156.6 149.7 149.9
Time deposits
Interest rates, call
60.6 60.6 60.6 36.4 32.2 36.4 72.7 72.7 157.6 218.2
34.3 38.2 45.7 40.0 43.9 45.7 88.6 89.1 211.4 205.7
Interest rates, time
Money in circulation
112.4 112.4 112.5 96.2 96.2 96.7 92.2 92.3 96.2 96.3
Stock prices
49.8 50.1 50.5 131.0 139.9 143.8 231.7 234.9 249.8 256.4

f Latest week is preliminary.

t Relative to weekly average, 1928-1930, for week shown.

WEEKLY BUSINESS STATISTICS
19 31

1932
May 21

May 14

Bituminous coal production (da. av.)
thous. tons__
715
5,445
Building contracts (da. av., 37 States)
thous. dolls
1,436
Electrical current output _
mills, of kw.-hours..
Exports:
24
Corn
thous. of bush__
Wheat- _
.thous. of bush. _
2,478
632
Wheat flour __
thous. of bbls.Freight cars:
Loading, total
cars
515 450
74, 829
Coal and coke __
__
cars
Forest products
.cars18, 571
Grain and grain products _
_
cars
27, 766
Livestock _.
cars . 16, 601
Merchandise, 1. c. 1
cars.. 181, 139
193, 544
Miscellaneous
_
_
cars
Ore
cars
3 000
Net available surplus (da. av.)
cars
Petroleum production (da. av.)
thous. of bbls—
2,225
Receipts:
Cattle and calves (12 markets)
thousands. _
171
50
Cotton into sight _- ._.
thous. of bales
7 224
Wheat primary markets
thous of bush
Wool, total, Boston. _. . .
.thous. of Ibs
652
Steel-ingot production
per ct. of capacity

716
5, 257
1,437

May 7

May 23

19 30

May 16

19 28

1929

May 24

May 17

May 25

May 18

May 26

1,362
19, 376
1,717

1,555
1,705

1,517
20, 359
1,704

1,480

May 19

PRODUCTION AND DISTRIBUTION

746

1,105

1,131

1,379

1,429

1,645

1,654

1,723

1,418

1,386
25, 548
1,470

20

45

5

33

105

309

101

214

1,730
53

482
242

180

1,797
56

1,202
114

1,329
174

2,082
285

2,110
184

2,358
198

1,384
216

1,293
128

517, 667
76, 552
18, 797
28, 526
17, 074
181, 562
192, 563
2,593

533 677
83, 617
19, 422
28, 575
18, 576
185, 104
196, 190
2 193

2,237

2,252

754, 738
123, 351
33, 634
36, 595
20,003
222, 256
298, 169
20, 730
623, 658
2,437

747 057
117,917
33, 867
36, 492
21, 227
224, 252
301, 427
11 875
608, 671
2,427

929 606
149, 243
51, 235
38, 770
22, 802
246, 273
363, 997
57 286
428, 559
2,580

928, 759 1 062,088 1 046 594 1 021,403
143, 849
173, 137
172, 830
168, 529
69, 099
69, 523
68, 509
52, 789
37, 552
37, 484
39, 368
38, 916
25, 849
23, 069
25, 426
26, 150
259, 764
262, 237
248, 135
262, 257
419, 336
396, 383
410, 675
367, 327
58, 851
72 209
73, 485
56 106
299, 521
410, 131
210, 200
216, 313
2,351
2,690
2,644
2,608

1 003 288
163, 446
68, 315
38, 364
25, 231
261, 449
394, 479
52 004
299, 629
2,339

28

186

204

240

237

224

225

5,708
3,088

3 962

25

517
24

8,155
3,663

5 889
9,902

4 715
5, 689

3,058
6,160

106.2
.052
.059
1.65
29.58
.53

106.2
.054
.057
1.67
29.64
.52

106.2
.055
.059
1.68
29.68
.51

106.3
.087
.093
2.19
31.37
.73

106.4
.088
.095
2.21
31.37
.73

109.9
.128
.164
2.79
33.56
1.00

2,881
3 033

2,974
2 824

4,221
3 590

5,049
4 552

5,514
4 054

22, 170
71.20
720

21, 468
73.58
662

18,011
73.99
601

4,272
95.53
514

2,714
95. 90
516

67

50

58

43

87

44

225

241

242

249

4,163
7,138

4 079
6,454

4,828
9,392

96

79

7,456
10, 021

109.9
.127
.165
2.80
33.84
.98

111.3
.178
.195
3.32
37. 13
1.00

111.3
.178
.197
3.33
37.13
1.03

110.6
.144
.211
3.35
35.53
1.53

110.6
.143
.217
3.36
35. 53
1.51

7,998
5 541

8,286
5 486

11,489
6 180

11, 530
6 115

10, 455
5 919

10, 995
6 408

1,372
95.19
480

971
95.17
517

2,640
93.93
410

1,295
94.33
475

3,932
98.36
426

2,789
98.86
442

103
74

98

75

87
95

89

100

132
82

WHOLESALE PRICES

Chemical index
rel. to 1924
Copper ingots, electrolytic, New York dolls, per lb_.
Cotton, middling, spot, New York
dolls, per lb._
Food index (Bradstreet's)
dolls, per lb_.
Iron and steel composite
dolls, per ton..
Wheat, No. 2, hard winter, Kansas City.-dolls. bush..
FINANCIAL

Bank debits:
New York City
mills, of dolls..
Outside New York City
mills of dolls
Bond sales, New York Stock Exchange:
United States Government.
_. thous. of dolls..
Average price 40 corporation bonds
dollars..
Business failures
_
number
Federal reserve banks:
Bills discounted
mills of dolls
Total reserves
mills, of dolls..
Federal reserve reporting member banks:
Total loans and discounts
mills of dolls
Total investments
mills, of dolls. _
" Other" loans
mills, of dolls
Net-demand deposits
mills of dolls
Time deposits
mills, of dolls
Sterling exchange, rate quoted (da. av.)
dollars..
Interest rates on brokers' loans:
Time money, New York __ ...
__
percent _
Call money, New York
per cent-Money in circulation (da. av.) _ . _
mills, of dolls
Stocks, New York Exchange:
Average price 50 stocks
dollars
Sales _
thous. of shares
Stock prices, weighted:
Industrials, rails, and utilities (421)__.rel. to 1926..
All industrials (351)
rel. to 1926All railroads (33)
.
rel. to 1926
All utilities (37)
rel. to 1926 .




465

471

149

145

904

915

847

807

3,164

3,203

3,400

210

210

3,122

3,389

3,248

3,248

3,008

3,012

2,795

2,802

11, 661
7,376
6,711
11,134
5,674
3.67

11,717
7,423
6,740
11,146
5, 709
3.67

11,842
7, 435
6,779
1 1, 082
5, 705
3.67

14, 905
7,803
7,924
13, 757
7,409
4.86

14,925
7,853
7,879
13, 777
7, 398
4.86

16, 806
5,855
8,484
13,389
7,132
4.86

16, 806
5,811
8, 560
13, 467
7,100
4.86

16, 187
5,818
9,043
12, 810
6,789
4.85

16, 301
5, 855
9, 079
13, 139
6,795
4.85

15,911
6,213
8,877
13, 644
6,911
4.88

15, 990
6,181
8,885
13, 840
6,898
4.88

1.50
2.50
5,459

1.67
2.50
5,456

2.00
2.50
5,465

1.75
1.50
4,671

1.92
1.33
4,670

3.88
3.00
4, 475

3.90
3.00
4,484

9.25
6.50
4,671

9.00
9.00
4,677

5.50
6.00
4,709

5.25
5.63
4,717

48.36
4,672

48.61
4,451

49.06
6,267

127. 18
12, 095

135. 86
9,565

224. 97
12, 997

228. 08
14, 457

242. 63
21, 362

248. 99
19, 639

193. 92
14, 688

197. 77
21, 198

39.2
37.7
16.6
66.5

42.4
40.6
19.4
72.1

40.9
38.6
19.4
70.5

94.9
86.7
73.0
151.9

102.8
94.1
79.7
163.4

172.3
161.7
135.8
255.0

168.6
158. 2
136.7
245.5

185. 2
189.1
138.4
211. 5

190.6
196.0
137.7
216.0

151.2
154.4
131.3
153. 8

151.5
153. 9
133.1
155.6

506

22

SURVEY OF CURRENT BUSINESS

June, 1932

Monthly Business Statistics
The following summary, showing the trend of industrial and commercial movements, represents a continuation of the data in the 1932 Annual Supplement of the Survey of Current Business which contains figures for
earlier years and explanations of the sources and basis of the figures quoted. Later data will be found in the
Weekly Supplements of the Survey. Note that the arrangement of months has been changed with this issue.
Earlier data, together with explanatory
footnotes, may be found in the 1932
Annual Supplement to the Survey

1933

|
i

April 1 April

May

June

July

1931

1932

Decem- January
August SeptemOctober November
ber
ber

February

March

BUSINESS INDEXES
I
Combined index
normal =100 _
Automobile production
normal = 100_ .
Bituminous coal production _ _ .normal = 100. .
Boot and shoe production
normal = 100..
Carloadings, freight . _ . .. normal = 100 Cotton consumption
nornal=100
Electric power production
normal=100._
Pig-iron production
nornal=100
Steel ingot production
normal =100..
Wool consumption
nornal=100 .
Zinc production . .
..nor nal=100..

57.2
30.3
54.0
91.0
58.2
56.8
71.3
24.9
25.0
40.1

80.8
76.8
75.0
104.6
79.1
84.0
85.9
59.7
56.9
109.1
56.2

78.1
75.3
73.6
110.8
76.2
77.0
83.7
58.3

ibs!6

49.3

|

j

BUSINESS ACTIVITY (Annalist)

76.5
63.8
73.7
103.5
73.7
81.1
84.2
52.8
48.4
110.3
49.1

78.2
59.6
73.8
103. 3
74.0
89.2
86.0
47.4
45.6
129.8
44. 8

83
82
74
115
83

73.5
49.4
71.4
103.9
70.7
81.7
81.7
42.0
40.9
115.0
44.3

70. 8
40. 4
69. 4
94. 5
67. 3
83. 9
81.8
39. 4
37.3 i
101. 3
45. 3

66. 3
26. 2
68. 3
74. 4
67. 9
74. 1
78.1
37. 4
35.5
82. 1
44. 1

65.1
33.4
66.6
71.9
65.8
72.8
76.2
36.3
40.7
75.4
41.9

65.5
59.7
64.6
80.7
65. 6
72.1
76.9
31.9
32.7
67.8
43.0

62.8
43.7
57.1
82.3
62.8
70.3
73.5
31.5
32.7
71.0
41.6

75
72
23
85
92
56
44
88
34

73
71
22
67
95
46
47
75
26

68
66
36
47
99
73
37
25

71
70
38
40
98
66
41
79
24

71
70
37
34
91
81
43
91
23

91
159
67
70
95
120
92
95
78

91
156
63
118
92
117
84
68
75

85
149
61
66
83
91
80
68
68

99
140
85
17
94
116
74
59
65

100
141
S3
116
91
104
75
62
66

i
•
I
i
!
!
i
i
;

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

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

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

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

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

i
i
'
:
:

100
159
76
96
93
111
84
74
71

97
155
84
134
89
113
81
66
67

97
149
88
86
88
113
85
69
64

101
140
92
24
89
124
77
54
58

110
141
85
164
86
114
78
58
63

!
•

:
:
!

99
136
73
194
83
109
84
81
70

41
66
116
41
47

12
58
122
38
45

62
121
43
45

59
111
35
45

54
109
31
46

'
;
'
!

55
109
^ 30
45

97. 1
103. 3
87. 5
87. 4
113.2
102. 2

98.8
99.6
86.4
89.5
119.3
111.0

89.1
89.2
84.2
85.2
100.0
98.3

93.9
89.6
87.2
89.5
108.1
106.0

98.8 :
95. 4 :
93.0
93. 1 i
106. 7 !
103. 7

88.0
2 84. 2
83.7
2 82. 4
2 95. 2
2 97. 0

62.6 !
33. 5
62. 5
90. 7
61.7
71. 5
73. 1
31.5
31.1
71.7
41.9
j

61.6
27. 4
74. 5
96. 6
60.1
73. 2
72, 4
27.9
26.4
60.6
41.3

INDUSTRIAL PRODUCTION (F. R. B.)
Total unadjusted
1923-1925—100
Manufactures, unadjusted. . . 1923-1925 = 100. _
Automobiles
1923-1925 = 100..
Cement
1923-1925 = 100. _
Food products
1923-1 925 = 100. .
Glass plate
1923-1925 — 100..
Iron and steel
..- .._1923-1925 = 100-.
Leather and shoes
1923-1925 = 1 00. .
Lumber
1923-1925 = 100..
Metals nonferrous
1923-1925 — 100
Paper and printing
1923-1925 = 100..
Petroleum refining
1923-1925 = 100..
Rubber tires arid tubes
1923-1925 = 100.
Shipbuilding
1 923-1 925 = 1 00. _
Textiles
1923-1925 = 1 CO. .
Tobacco manufactures
1923-1 925 = 100. Minerals, unadjusted
1923-1925 = 100..
Anthracite
1923-1925 = 100. .
Bituminous coal
1923-1925 = 100. Copper (mined)
_ 1 923-1925- 100..
Iron ore shipments
1923-1925 = 100..
Lead
1923-1925 — 100. .
Petroleum, crude
1923-1925 = 100..
Silver
1923-1925-100
Zinc

Total, adjusted
Manufactures, adjusted
Automobiles
Cement
Food products
Glass, plate
Iron and steel
Leather and shoes
Lumber
Metals, nonferrous
Paper and printing
Petroleum refining
Rubber tires and tubes
Shipbuilding
Textiles
Tobacco manufactures
Minerals, adjusted
Anthracite
Bituminous coal
Copper (mined) .
Iron ore shipments
Lead
Petroleum, crude
Silver
Zinc

1923-1925 — 100

1923-1925 — 100
1923-1925 = 100 .
1923-1925—100
1923-1925 - 1 00
1923-1925 = 100
1923-1925 — 100
1923-1925—100
1923-1925 = 100..
1923-1925 = 100. .
1923-1925 = 1()0_ .
1923-1925 = 100..
1923-1925 = 1 00_ _
1923-1925 = 1 00. .
1923-1925 — ICO
1923-1925 = 100..
1923-1925 = 100.
1923-1925 — 100
1923-1925 — 100
1923-1925 — 100
1923-1925 — 100
1923-1 925 = 1 00. .
1923-1925 = 100..
1923-1925 — 100
1923-1925 = 100.1923-1925 = 100...

64
63
45
45
84
61
35
87
30

90
91
100
92
89
123
78
100
51
74
104
159
113
123 I
98
122
83
86
65
71
--121
54
64
88
87
1
94
95
111
70
103
47
73
109 !
159
96 !
127
96
132 !
91
82

89
90
98
111
87
114
72
99
51
TO

48
68
100
158
130
135
91
144
85
66
66
68
90
59
124
47
52
S3
82
65
93
83
89
60
99
47
68
107
159
108
108
96
132
86
75
74
67
46
58
122
47
54

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

97.9
95.7
100.6
92.1
117. 5
96.8

1195

45
110
42
44

69
--i
121
54
61

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

84.0
80.5
73. 1
78.3
93.5
96.2

106.4 i
97.6
109.4
105.0
108.6
114.0

109. 8
101.3
104.4
109.2
118.2
119.1

101.7
91.5
98.4
102.7
114.3
106.4

116
68
100
71
85
46
45
110
42
45
64
61
35
46
91
55
32
90
28

---66
109
79
81
55

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

1

!

j
i
!

i
i

1

!
1
i

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

27

268
266
34
38
83
51
39
94
28
136
81
15. 1
83
103
77
67
70

;

56
107
30
48
* 67
2 64
28
53
84
47
34
* 92
27

:
:
'
:
•
i
!

INDUSTRIAL CONSUMPTION OF
ELECTRICAL ENERGY
Consumption, by geographic sections:
Total, United States
1923-1925 — 100
Middle Atlantic
1923-1925 = 100. .
New England
..
1923-1925-100
North Central
1923-1925 = 1 00. .
Southern
1923 1925 — 100
Western
1923-1925 = ] 00. .
Consumption by industries:
Total, all industries
1923-1925 - 1 00
Automobiles, and repair parts
1923-1925 = 1 CO..
Chemicals and allied products
1923-1925 = 100..
Food products
1923-1925 = 100..
Leather and products
1923-1925 = 100
Lumber and products
1 923-1 925 - 1 00
2

Revised.




97.3
99.5
89.9
90.0
112.8
108.8

100. 4
104. 0
97. 0
92. 6
113.8
102. 3

84.0

106.4

109.8

101.7

97.9

97.3

100. 4

97. 1

98.8

89.1

93.9

98. 8

64.4

90.8

89.7

71.3

55.9

43.6

53. 7

57. 4

65.5

78.1

83.6

85. 3

125.0
117.5
73.9
76. 1

137.4
122.0
83.9
91.5

133.8
126.8
81.0
97.2

132.7
136.2
85.4
86. 3

137.7
147.0
83.8
76.9

137.6
146.4
77.1
79.4

144. 6
142. 0
81.9
82. 2 i

142. 0
136. 5
81.8
82. 2

138.9
144.0
75.2
76.4

118.2
124.8
79.2
67.0

134.3
127.2
67.6
81.9

137. 1 ,
129.5 !
90. 6
86. 8 i

88. 0
5

72. 8

2 125. 1
114.9
86. 7
78. 2

SUEVEY OF CURRENT BUSINESS

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

23

1931

1932

April

April

May

June

July

August

1932
Septem- October Novem- Decem- January
ber
ber
ber

Febru-

ary

March

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

61.6
95.6
59.7

99.5
138.1
94.6

98.5
136.7
94.0

81.5
135. 2
78.6

74.5
133.4
69.3

75.0
126.9
73.3

76.2
132.6
75.0

73.0
130.4
71.0

76.4
126.9
76.0

70.6
123.5
70.9

71.3
120.0
72.7

76.0
122.2
74.8

66.0
101.7
64.8

64.7
105.5
88.3
91. 1
98.7
69.6

108.1
109.6
109.0
92.5
116.5
100.0

106.8
135. 1
122.3
89.7
132.0
103.7

86.6
112.4
121.0
84.8
118.7
100. 5

83.1
104.0
97.4
82.0
104.8
98.2

78.0
121.7
98.5
85.6
105.9
95.0

78.3
138.3
88.0
88.9
113.9
98.7

76.3
113.0
82.8
84.5
113.4
98.2

77.0
126.1
93.5
95.0
113.8
93.4

70.0
107.0
79.2
94.6
276.8
89.8

77.6
109.3
104.0
93.2
77.1
87.8

78.2
116.1
112.0
99.2
90.0
96.8

69.0
2 114.4
96.8
284.5
81.0
286.0

55
90
105
148
75
109
41
52
50
54
41
99
58
43
52
68
110

58
101
113
174
83
137
78
53
30
71
64
93
64
45
59
98
113

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

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

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

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

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

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

153
98
95
117
96
117
47
159
277
97

97
89

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

89
92
103
89
89
78
37
89
133
68
46
82
51
30
46
26
108

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

69
88
106
180
73
92
28
67
77
69
43
111
53
42
48
30
106

0

60
83
42
101
49
97
23
61
67
49
47
24
46
90

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

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

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

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

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

44
43
29
91
44
102
4
44
52
24
63
27
34
66

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

36
36
24
69
36
85
33
40
46
28
37
23
31
59

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

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

36
32
23
85
34
93
1
37
48
24
36
28
35
43

144
119
128
96
105
143
80
220
131
118
176
93
162
92
194
127
177

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

134
117
122
106
101
137
78
214
130
121
164
91
146
88
178
128
149

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

137
111
115
97
105
129
200
129
102
144
90
155
85
213
148
133

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

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

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

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

161
107
128
81
102
108
86
200
124
91
193
95
199
1.16
191
147
279

158
108
136
87
98
101
84
197
126
104
192
93
195
107
193
142
268

155
109
135
84
98
99
83
197
148
112
197
88
188
102
196
134
251

236
441
145
213
282
207
245
126
233
231

251
435
152
238
288
211
261
135
246
249

255
438
156
232
291
233
279
133
248
248

263
443
161
240
297
207
319
138
248
240

267
443
165
234
298
213
357
135
245
233

261
447
173
213
300
228
376
124
243
203

271
463

275
482

276
512

267
512

261
520

273
547

216
315
221
376
122
243
207

227 1
329
216
366
126
243
210

216
378
213
346
130
246
220

222
241
227
297
124
240
226

207
345
241
294
120
246
213

229
344
239
288
121
244
237

85.6
78.5
81.7
90.1
80.7
95.4

84.9
75.4
81.5
90.5
80.3
94.6

83.1
73.8
78.2
90.3
78.5
94. 2

81.4
72.0
74.8
90.0
77.1
93.9

80.1
70.4
72.1
89.6
76.2
93.8

79.6
69.7
71.9
88.9
75.7
93.2

MARKETINGS
A gricultural products
Animal products
Dairy products
Fish
Livestock
Poultry and eggs
Wool
Crops
Cotton
Fruits
Grains
Vegetables
Forest products
.
Distilled wood
Lumber
.
Naval stores
Pulp wood

.1923-1925 = 100. .
1923-1925 = 100. .
1923-1925 — 100
1923-1925 = 100..
1923-1925 = 100..
1923-1925=100-.
1923-1925 = 100..
1923-1925 = 100..
1923-1925 = 100-1923-1925 = 100- .
1923-1925 = 100. .
1923-1925-100
1923-1925 = 100..
1923-1925 = 100—
1923-1925 = 1001923-1925 = 100—
1923-1925 = 100--

ORDERS
Orders new
1923 1925 100
Iron and steel
1923 1925 — 100
Lumber and products
1923-1925 = 100_ .
Paper
1923 1925 100
Stone, clay, and glass
1923-1925=100-Textiles
1923 1925 100
Transportation equipment _ . 1923-1925
=100—
Orders unfilled
1Q23 1925 100
Iron and steel
1923-1925 — 100
Furniture and
flooring
1923-1925 = 100..
Paper
1923 1925 — 100
Brick and glass
1923-1925 — 100
Textiles
1923 1925 — 100
Transportation equipment- .1923-1925=100-.
STOCKS
Domestic stocks
1923 1925 — 100
Manufactured goods
1923-1925 — 100
Chemicals and allied prod. 1923-1925 = 100. .
Food products
1923-1925 — 100
Forest products
19^3-1925 — 100
Iron and steel products
1923-1925=100—
Leather
1923-1925=100
Metals, nonferrous
1923-1925 = 100. .
Paper, newsprint
1923-1925 — 100
Rubber products
1923-1925= 100 _ .
Stone, clay, and glass
1923-1925 = 100. _
Textiles .
1923-1925-100
Raw materials
_
1923-1925 = 100
Chemicals and allied prod .1923-1925 =100. _
Foodstuffs
1923-1925^-100
Metals
1923-1925 = 100Textile materials
1923-1925 = 100
World stocks — foodstuffs and raw materials:
Total
1923-1925=100--!
Coffee— adj. for seasonal — .1923-1925 = 100_.
Copper—unadjusted
1923-1925 = 100
Cotton— adj. for seasonal -.1923-1 925 =100--!
Rubber—unadjusted
1923-1925 =100..
Silk adj for seasonal
1923 1925 — 100
Sugar— ad 1. for seasonal
1923-1925=100 !
Tea— adj. for seasonal
1923-1925=100-.
Tin—unadjusted
1923-1925 = 100 !
Wheat — adj. for seasonal 1923-1925=100

28

150
107
132
85
95
99
82
200
136
112
182
87
179
95
189
129
235
532
218
344
103
243

!

II
S
53

COMMODITY PRICES
COST OF LIVING (N. I. C. B.)
Total all groups
Clothing .
FoodFuel and light
Housing
Sundries
2

Revised.




1923 = 100
1923 = 100
1923 = 100__
1923 = 100
1923 = 100._
1923 = 100. .

78.8
68.4
71.0
87.0
74.6
93.0

88.2
82.0
84.9
90.6
84.1
96.8

86.9
80.7
82.8
89.1
83.5
95.9

85.9
79.9
81.0
89.1
82.6
95.5

85.9
78.6
81.5
89.3
82.0
95.8

85.9
78.6
81.9
89.6
81.5
95.5

83.9
74.2
79.9
90.5
79.3
94.3

24

SURVEY OF CURRENT BUSINESS

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

Annual Supplement to the Survey

1931

1933

April

June, 1932

April i May

June

Jaly

1932

j Novem- Decem- January
i
ber
ber

August SeptomOc
ber

February

March

COMMODITY PRICES—Continued
FARM PRICES (Dept. of Agri.)
Total, all groups
1909-1914=100
Cotton and cottonseed
1903-1914 = 103..
Dairy and poultry products. 1909-1914 = 100. _
Fruits and vegetables
1909-1914 — 100
Grains
1909-1914 = 100
Meat animals
1909-1914 — 100
Unclassified
1909-1914 = 100

59
48
70
78
50
66
44

91
78
96
120
74
108
63

86
74
87
119
74
99
62

80
65
85
114
67
91
59

79
71
84
110
57
92
58

75
53
89
97
54
92
60

72
47
93
83
50
86
55

68
42
99
70
46
79
53

71
50
102
68
57
76
51

66
45
99
68
52
68
49

63
45
85
70
52
68
46

60
47
77
68
51
65
47

61
50
72
73
51
69
46

170
104

182
124

179
121

181
118

184
119

186
120

189
119

189
119

189
117

189
114

189
109

189
105

183
105

RETAIL PRICES
Coal f D3pt. of Labor)
Foo 1 (Dapt of Labor)

1913 = 100-.
1913 = 100

WHOLESALE PRICES
D apartment of Labor index:
Co nbined inde* (784)
.
1923=100-.
65 5
Economic classesFinished products
1923=100..
71. 1
Haw materials
1923=100 .
55 5
S3 mi manufactures _ _ _
1923=109-.
59 6
Far m products
1923 — 100
49 2
Grains
. . .
.
192] =100-.
44 5
Livestock and poultry
1923=100-.
49.2
Foods
1923 = 100-.
61.0
Dairy products
1923 = 100-.
61.6
62.3
Fruits and vegetables
1923 = 100..
59.8
Meats
.
1928 = 103Other products
1923=109.
70 9
Building materials
1923=100-.
72.5
Brick and tile
1923=100—
78.4
Cement . . . _
1923=100..
75.0
Lumber
1923=100
60.0
Chemicals and drugs
1923=100-.
74.7
Chemicals
1923 — 100
79.7
Drugs and pharmaceuticals_1923=100-_
58.9
70.1
Fertilizer materials
1923—100
Fuel and lighting
1923=100..
70.2
Electricity
1926 = 100
Gas
1923=100-.
Petroleum products
1923=100.. ~"~~45.~5~
75.0
Hides and leather
1923=100-.
88.4
Boots and shoes...
1923=100-.
Hides and skins
1928=100—
40.8
67.2
Leather
1923=100
76.3
House furnishing goods
1928=100-.
77.4
Furniture
1923=100
75.4
Furnishings
1923 = 100..
80.3
Metals and metal products. ._ 1923 = 100..
80.1
Iron and steel
1923=103-.
49.3
Metals, nonferrous
1923=100
Plumbing and heatinge:iuip_1923= 100..
61.4
57.0
Textile products
1923=100
68.7
Clothing ..
1923 = 100..
55.1
Cetton goods
1923 = 109.
51.9
Knit goods
1923 — 100
31.3
Silk and ravon
1923-103
59.7
Woolens and worsteds
1923=100-.
64.7
Miscellaneous
1923 = 100 ..
39.2
Auto tires and tubes
1923 = 100-.
76.8
Paperandpulp _
... 1923=100—
Other indexes:
53.5
Bradstrest's (93)
1928=100
71.6
Dun's (303)
1923 = 100..
Wholesale prices, actual. (See under respective
commodities.)

74.8

73.2

72.1

72.0

72.1

71.2

70.3

70.2

68.6

67.3

66.3

66.0

78.3
63 3
71.5
70 1
59.5
70.3
76.3
80.6
76.2
79.9
75.9
81.5
83.9
81.0
73.4
81.3
85.1
63.4
80.6
65.4
93.7
96.1
37.4
87.5
94.8
62.0
88.4
87.9
91.9
84.2
85.7
84. 1
67.5
86.6
68.2
76,9
71.4
60.7
43.4
69.0
71.5
46.9
82.1

76.9
68. 5
69.8
67.1
59.6
64.1
73.8
78.1
78.1
74.4
75. 1
80.0
83.7
79.7
69. 4
80.5
83.9
63.2
80.5
65.3
98.0
99.0
35.9
87.6
94.8
62.6
88.1
86.8
90.4
83.6
85.0
83.8
63.3
86.6
67.4
76.9
69 2
60.7
41.4
63.5
70.5
46.9
81.5

76.0
64 7
69.3
65.4
56.0
61.9
73.3
78.8
76.4
71.3
74. 1
79.3
83.7
77.7
68.5
79.4
82.5
62.6
79.8
62.9
93.6
101.9
30.7
83.0
94.6
65.5
87.8
86.4
89.8
83.4
84.4
83.5
61.2
86.6
66.6
76.3
67.6
59.8
41.9
63.0
69.7
46.0
80.7

76.1
64.3
69.3
64 9
49.0
63.0
74.0
80.6
74.2
73.4
73.9
78.1
83.4
75.8
67.2
78.9
82 4
62.1
78.7
62.9
97.9
103.5
30.3
89.4
93.5
72.7
89.8
85.7
89.1
8?. 8
84.3
82.7
61.4
86.8
66.5
76.1
68.8
60.0
43.8
67.4
69. 7
46.0
80.6

76.4
64.1
63.3
63.5
44.8
67.0
74.6
82.2
73.4
76.0
74.2
77.6
82.9
75.8
66.9
76.9
80.5
61.9
74.4
66.5
98.4
103.2
37.5
88.7
93.5
69.1
90.3
84.9
88.6
81.7
83.9
82.4
60.1
83.8
65.5
75-9
64.0
59.2
43.7
67.4
63.3
46.0
80.6

75.9
62.7
66.7
60.5
44.2
61.0
73.7
84.6
71.0
73.6
73.9
77.0
82.6
75.8
66.9
76.3
79.8
61.7
74.2
67.4
100.6
103.4
38.9
85.0
93.5
53.6
83.4
82.7
84.6
81.2
83.9
82.3
59.0
82.6
64.5
75.5
61.5
59.2
43.5
65.7
63.2
46.0
80.7

75.1
61.5
65. 2
53.8
44.3
57.6
73.3
86.1
68.2
71.1
72.9
76.1
82.6
75. 1
65. 2
75. 6
79.7
61.6
70.2
67.8
102. 1
100.8
39.2
82. 5
93.1
50.0
80.7
81.0
82.4
79.8
82.8
81.7
54. 9
81.6
63.0
73.9
59.7
59.2
41.7
64.6
66.6
46.0
80.5

74.8
62.0
64. 9
53.7
51.3
55.7
71.0
80.7
65.1
67.7
73.5
76.2
81.4
74.6
65.9
76.1
80.6
61.3
70.1
69.4
103.4
100.1
42.5
81.6
92.5
49.0
78.8
80.9
82.3
79.7
82.6
81.5
54.7
81.4
62.2
72.6
58.1
59.0
41.8
64.2
63.7
46.0
80.8

73.3
60 2
63.7
55 7
47.0
51.7
69.1
79.8
63.5
63.2
72.3
75.7
80.0
74.6
65.8
76.1
80.8
61.0
70.1
63.3
104. 1
98.2
39.6
79.8
89.2
48.8
78.6
78.5
80.6
76.6
82.2
81.0
53.8
79.9
60.8
70.8
56.4
58.5
39.0
63.9
66.8
40.8
80.8

72.1
58.3
63.1
52 8
46.7
53.4
64.7
67.8
62.2
61.9
71.7
74.8
79.3
75.2
65.6
75.7
80.6
60.6
69.9
67.9
107.5
98.6
38.8
79.3
88.8
49.0
77.5
77.7
79.5
76.1
81.8
79.9
55.4
74.1
59.9
70.7
55.8
55.8
37.7
63.3
65.6
39.7
78.0

71.4
56 9
61.9
50 6
46.1
50.3
62.5
64.1
61.8
59.5
71.3
73.4
79.3
75.3
62.9
75.5
80.8
60.1
69.8
68.3
104.8
98.0
38.6
78.3
88.5
46.1
76.5
77.5
79.5
75.9
80.9
79.3
52.7
65.8
59.8
70.6
56.4
55.8
36.5
63.1
64.7
39.5
76.7

71.5
56 1
60.8
50 2
43.5
51.4
62.3
64.2
62.3
61.4
70.9
73.2
79.3
75.0
61.5
75.3
80.9
59.7
68.6
67.9
104.4
97.5
39.8
77.3
88.5
44.7
73.4
77.1
79.1
75.4
80.8
79.7
50.5
64.4
58.7
69.0
56.2
54.9
33.5
62.7
64.7
39.2
76.8

69.0
79.2

66.9
77.3

67.9
77.7

68.0
77.2

65.7
75.1

64. 2
72.3

62.6
74.4

61.2
74.4

59.8
74.6

58.2
74.4

56.6
74.0

55.3
73.3

CONSTRUCTION AND REAL ESTATE
I

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




59
32
59
32

52
29
55
30

43
26
49
27

30
20
38
23

25
16
31
19

23
15
27
17

26
16
26
15

10, 663
33,812
285, 997

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

8,701
30, 700
242, 094

7,014
20, 519
151, 196

5,951
17, 210
136, 852

4,659
12, 601
84, 798

5,208
12, 299
89, 046

6,646
16, 924
112, 235

2,713
16, 642
108, 231

2, 803
2, 957
15,621 i 16,690
102,623 105,840

2, 382 ! 2, 209
15, 770 ; 16, 723
99,940 ' 111,418

2, 145
15, 313
99, 092

1,765
9,290
58, 496

1,467
8,176
50, 381

1,481
5,379
33, 238

1,796
6,052
36, 348

2,032
8,205
49, 172

1,907
785
132, 993

2,141
387
108, 948

2,030
1,117
140,780

1,719
737
72,964

1,800
353
85,139

1,288
171
82, 462

992
271
47, 410

977
280
50, 307

539
300
24, 056

595
176
28, 281

839
197
29, 854

4,016
7,174
28, 895

7,221
22, 633
95, 896

6,652
21,911
88, 900

5, 972
5, 658
16,913 ; 15,889
72,745 ' 63,893

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

5, 268
15, 217
60, 540

4,257
10, 958
45, 290

3,507
8, 753
36, 164

2,639
6,922
27, 504

2.817
6,071
24, 417

3,775
8,523
33, 209

95, 605

316, 905

217, 833

196,326 i 245,110

148,901 , 176,956

225, 173

136, 758

123, 131

90, 869

76, 646

86,119

30
16
24
14

82
52
73
44

78
47
65
40

74
41
63
37

68
36
61
35

7, 653
13, 887
121, 705

11, 888
39, 380
336, 925

11,506
38, 941
306, 079

10, 805
33,651
316, 148

2,179
6,501
45, 515

2,760
15, 963
108, 036

1,458
211
47, 295

;

2,048
1,233
116,265

63
32
59
33

SURVEY OF CURRENT BUSINESS

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

1933
April

25

1931
April

May

June ! July

August

1932
Novem- Decem- January Febru» October
ber
ber
ary

S

March

CONSTRUCTION AND REAL ESTATE—Continued
HIGHWAY CONSTRUCTION
Concrete pavement contract awards:
Total
.
»
thous. of sq, yds_.
Roads only
thous of sq vds
Federal-aid highways:
Approved fox construction —
Estimated total cost
thous. of dolls..
Federal-aid allotment
thous. of d o l l s .
Mileage, total
number
Initial.
__.
number
Stage (added improvement)
nuaiber..
Under constructionEstimated total cost
thous. of dolls. _
Federal-aid allotment
thous. of dolls. _
Mileage, total
number
Initial
number
Stage (added improvement)
number ..
Mileage completed to date
number
Balance of Federal-aid funds for new construction
thous. of dolls. .

11,088
10 3»!6

24, 671
21 982

12, 303
10 038

15, 957
13 536

12, 470U
9 30

7, 675
5 437

8, 7029
6 18

4,009
2 482

4, 361
'"" 559

5, 364
4 915

2,524
2 252

3,255
3 084

6,005
5,457

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

118,438
51,113
5 960
3 355
1, 905

90, 221
39, 495
4 9R4
2' 707
1, 556

60, 165
26, 8861
2 97 '
l' 946
1, 033

54, 545
23, 850
2 63°
l' 698
li 004

41,880
18, 584
2 ()24
1* 373
651

29, 779
11,321
1 374
936
437

29, 174
11, 539
1 445
1 032
413

29. 422
11, 9669
1 39
986
406

35,473
15, 134
1 910
1 248
663

44, 401
19, 226
2 398
l' 682
716

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

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

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

303, 362
134, 162
12 243
9 569
2, 674
89 347

356, 146
158, 145
14 705
11 298
3,477
88 763

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

388, 004
173, 362
16 241
12 °07
4,034
go 871

378, 476
170, 924
16 0(U
11 8^1
4,207
QQ 037

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

292, 869
131, 690
1 1 89°
9 097
2,872
95 960

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

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

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

200, 621
93, 245
8 393
1, 736
100 523

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

82, 020

63, 823

48, 744

39, 639

30, 544

27, 1.25

25, 518

125, 577

121,495

113, 879

106, 845

102,411

94,453

153
148
154
181
153.1

172
186
172
175
199
191.6

166
180
166
169
197
189. 3

166
170
165
168
196
187.2

165
177
162
166
195
174. 4

163
176
160
165
195
171. 4

163
174
159
164
193
171. 4

161
17°
192
169. 8

160
170
156
161
192
169. 3

159
169
154
160
190
166. 2

158
166
153
158
190
162. 5

155
164
151
156
189
161. 8

154
164
150
155
183
157.2

132

163

162

160
176

148

146

146
174

144

143

149
172

141

139

136
172

100
154

167
157

167
160

166
158

164
155

103
156

161
154

162
156

163
1 58

161
156

161
1*>6

163
157

162
155

43, 822

87
41, 424

107
37, 835

137
33, 368

140
33, 025

1 44
31,918

135
33, 203

126
35, 502

119
35. 288

79
40, 514

61
39, 225

43
39, 825

45
49,189

02 0

61 3

58 4

61 1

5<j x

gn 3

63 9

59 o

64 5

57 8

58 8

2 741
65
28
27
109
489
116
665
84
31
57
89
22
124

3 253
95
37
49
198
650
136
790
59
53
72
107
49
141

3 505
172
31.
53
173
687
128
806
75
72
60
115
50
144

3 598
163
36
51
142
702
136
873
83

3 984
232
13
18
160
881
142
973
32
70

3 891
231
0
20
151
888
130
1 001

234
3
76
ifin
1,018
128
1 178

64
127
62
94

53
140
40
82

41
133

82
154

69

67

129
24
118
479
84

122
13
130
513
109

122
16
120
578
104

126
i^
138
611
102

88

99

99

110
828
108

93
801
97

86
732
111

11, 967
1 604
397
354
328
2,277
187
2 001
41
842
90
50
98
88
463
174
sns

14, 234
1 469
631
444
334
2,665
237

14, 007
1 311
564
399
342
2,729
251

.11, 073

42
1 231
'246
91
167
193
374
°>13

f.

KQ7

CONSTRUCTION COSTS
Building costs (Amer, Appraisal Co.):
Brick, steel frame.
1913=100—
Brick, wood frame _
_
1913=100
Frame
1913 = 100._
Reinforced concrete
1913—100
Building costs—all types (A. G. C.). -1913 =100. _
Building costs— all types ([K. N. #.)-- 191 3 =100..
Building costs — electric light and power construction (Richey)
"
1913 = 100
Building costs— factory (Aberthaw) 1913=100
Building material costs:
Brick house, 6-room
1913=100—
Frame house, 6-room_.
1913 = 100

162

157
1H9

MISCELLANEOUS DATA
Construction— employment and wages:
Employment, Ohio. (See Employment.)
Wages, road building. (See Employment.)
Construction, volume (A. G. C.} _ . .1913=100
Fire losses, United States
thous. of dolls..
Ship construction. (See Trans. Equipment.)
Real Estate:
Market activity
1926=100
New financing. (See Finance.)

DOMESTIC; TRADE
ADVERTISING
Radio broadcasting:
Cost of facilities, total- _ _ thous. of dolls
3 987
Automotive
thous. of dolls..
261
Building materials
thous. of dolls.Clothing and dry goods
thous. of dolls—
88
Confectionery
. ._
thous of dolls
176
Drugs and toilet goods
thous. of dolls..
855
Financial
thous. of dolls. 104
Foods
. --.thous. of dolls
1 105
Housefurnishings
thous of dolls
42
Machinery
thous of dolls
69
Paints and hardware
thous. of dolls.87
Petroleum products
thous. of dolls...
161
Radios
thous of dolls
31
Shoes and leather goods _ _ _ thous. of dolls—
45
Soaps and housekeepers'
supplies
.thous. of dolls..
102
4
Sporting goods
thous of dolls
Stationery and publishers-thous. of dolls...
82
Tobacco manufactures
thous of dolls..
692
Miscellaneous
thous. of dolls..
86
Magazine advertising:
Cost, total
thous. of dolls- 12, 970
Automotive
thous of dolls
1 554
Building materials
thous. of dolls
411
Clothing and drygoods
thous. of dolls.349
Confectionery
thous. of dolls..
231
Drugs and toilet goods
thous. of dolls. . 2,876
Financial __
thous of dolls
215
Foods
thous of dolls
2 237
Garden ._
._
thous of dolls
133
Housefurnishings,
-thous of dolls.
1, 187
Jewelry and silverware
thous, of dolls. _
90
Machinery
thous. of dolls..
54
Office equipment
thous. of dolls. .
104
Paints and hardware
thous. of dolls124
Petroleum products __
thous. of dolls.
279
Radios. ._
thous of dolls
138
Schools
thous. of dolls..!
181

120541--32-




3 164
122
39
66
QQ

471
155
787
85
76
69
103
118
95

3 036
91
30
68
100
463
136
71
72
74
95
104
131

9

835
100
19
44
11°
452
126
74 <s
44
89
84
95

o 7g4
89
32
38
135
453
112
730
39
20
81
96
10
86

2 527
68
25
32
106
396
98
652

153

37
72
90
18
51

115
29
128
434
181

110
37
107
425
160

86
476
93

146
34
92
476
87

84
467
79

17, 173
1 632
' 749
494
301
3, 552
319
' 910
1 536
168
191
216
232
471
209

16, 959
1 886
742
412
387
3, 417
274
2 419
196
1 462
308
157
247
216
458
116

16, 692
1 886
682
481
553
3, 221
294
2 408
121
1 324
391
190
252
184
526
128

12, 314
1 393
515
531
426
2, 658
253
1 904
59
630
159
102
170
88
445
141

10, 008
1 304
295
180
378
2,210
180
1 805
28
4<^
77
55
88
45
429
114

274

9Q4-

315

9

ggfj

129
OQ

201

317

9 fi^d

929

fQ

CQ

4 Ofll

0-1

7,641
fi7ft

11, 622

12, 253

CM 9

155
182
222
1,424
203

249
232
128
2,592

284
197
3,043

9 «OK

266
283
309
2, 238
198
9 09ft

32
984
378
72
124
116
404

AK.

1 ono
70

OAO

917

1 7S1

910

2 090

708

oca

1 39
fiO7

381
56
139
29

167
38
97
14

37
53
105
51

3°2

OCR

OOQ

nor

IRfi

1 Qfi

IftA

91 K

9«0

87
65
120
01

tyca
1QK

26

SURVEY OF CURRENT BUSINESS

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

1933

April

June, 1932

1931

April

May

j June ! July

1932
1
N overn- DecemSeptemFebru| August
October r ber
January ary
ber
ber
i
!

March

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

158

206

913
188

1, 246
309

207

380

209
1,261 i
438 i

345

208

98

41

95

149

186

132

57

31

65

1. 091
592

7S3
334

683
°45

963
201

389
117
434
619
231
560
1,911

806
118
410
676
334
562
1, 832

470
168
509
593
416
427
1, 626

350
176
271
513
317
331
1, 138

702
73
193
6(55
342
327
1,469

741
111
228
560
329
367
1,677

87, 803 81, 891
77. 005
130, 895 122, 135 117, 009
22, 746 20, 868 19, 473
108, 150 101, 267 97, 536
4. 957
4', 233
4, 487
2,919
2, 645
2, 4(>9
23, 676 21, 979
13, 985
76, 597 72, 33*} 76. 673

67, 762
100, 032
18, 384
81, 648
7,001
3, 294
1C, 841
54, 512

63, 557
97. 570
17, 724
79, 847
4, 858
2,023
20, 142
52, 824

72, 043
109, 808
19, 565
90, 243
5,352
2, 158
21, 720
61, 012

9

366

180

160

486
615
451
2 191

422
321
414
1 613

428
172
328
1 316

111
171
450
1 603

89? 096
136, 436
23, 905
112 531
8, 258
3,988
24, 214
76, 071

79, 772
88,443
138, 196 i 123,928
24,421
23, 158
113 774 100 769
9, 616
7,922
3,258
3, 259
24, 736
26,017
74,884
64, 853

66, 877
108, 620
21, 132
87 4-88
8,184
3,875
19. 805
55, 563

67,169
106,021
22. 215
83 806
7^007
2,448
18, 002
56, 290

77. 208
114.862
22, 172
92 690
6, 052
2, 529
18, 086
65, 423

71, 703" 112 843
961
1 °58

91 332 ' 111 183

535
462
342
1 777

542
769
502
2 421

70, 573
108, 686
20, 056
88, 631
7, 222
1,934
18, 725
60, 749

479 !
711 !
529 ;
2 375 :

40

COLLECTIONS
Delinquent accounts, electrical trader
Amount
.
dollars..
Firins
number

98 691

70 681

78 534

941

948

933

780

786

65 9

65 8

64 7

63 9

64 6

65 7

number. . 3, 072

3,278

3, 096

3,166

2,867

2, 704

2, 453

Air mail, weight dispatched
pounds. _
Money orders:
Domestic, issued (50 cities) —
Number
_ _ thousands. _
Value
thous. of dolls
Domestic, paid (50 cities)—
Number.
thousands . _
Value
thous. or dolls..
Foreign, issued— value
thous. of dollsReceipts, postal:
50 selected cities
thous. of dolls.. 24, 272
50 industrial cities
thous. of dolls..
2,698

750 638

750,960

781,419

779 105

804 455

3 766
36 006

3 766
36 006

3 729
36 315

3 501
34 2°4

10, 902
81 956
4, 442

10,902
81 956
4,073 I

10, 734
79 311
4, 348

29, 257
3,268

27,844
3,047 :

95, 414
987

73, 165
877

95,161
996

82, 819
938

93, 376
911

93. 619
1,215

65. 3

66.6

66.7

65.9

63.8

64.3

2, 846

2 774

3, 012

3,311

2, 930

3,202

796 703

836, 603

720, 301

827, 530

669, 077

634, 284

718, 989

3 36S
33 370

3 379
33 800

3, 749
37, 801

3, 600
35, 458

4, 125
39, 329

3, 691
35, 494

3,656
34, 142

3,906
35, 128

9,930
76 365
4,412

9, 074
7 '• 6"
3, 958

9, 124
74 679
4,496

10,52!
86, 759
4, 027

9, 751
81, 318
3 971

11,509
91, 567
8,140

9. 795
78, 149
3,500

9,271
73, 463

10.167
79, 878

26, 442
2, 957

24. 578
2,903

23, 389
2, 869

26, 335
2, 897

28,618
3, 150

25, 355
2f 809

34, 966
4, 068

25,312
2,911

24, 061
2,832

26, 677
2, 985

148
162

140
149

143
160

142
156

169
152

148
147

279
144

115
155

121
156

138
146

1 833

1 628

1 565

1 6°9

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

RETAIL TRADE
Chain-store sales:
Five and ten cent sales —
Total, 8 chains, unadjusted- 1923-1925 = 100. .
Total, 8 chains, adjusted. .1923-1925= 100..
F. and W. GrandSales
._ _
thous. of dolls..
Stores operated
number
S. S. Kresge Co.—
Sales
thous. of dolls..
Stores operated
number. .
S. H. 5 Kress & Co.—
Sale *
thous of dolls
Stores operated
number _ .
McCrory Stores Corp.—
Sales
thous. of dolls
Stores operated.
number _
McLellan Stores —
Sales
thous of dolls
Stores operated
number
G. C. Murphy Co.—
Sales
thous. of dolls
Stores operated
number..
Isaac Silver & Bros.—
Sales
thous. of dolls
Stores operated
number
F. W. Wool worth Co.—
Sales
thous. of dolls..
Stores operated
number.
Grocery chains:
A. & P. Tea Co.—
Sales, value, total
thous. of dolls..
Weekly average
thous. of dolls.. I
Sales, tonnage, total
tons..
Weekly average.
_tons~ !




134
141

160
16S

156
168
;

119

191

2. 134
121

1; 740
123

3, 158
123

1,324
114

1,505
115

1,604
92

10, 722
696

10,976
699

10, 957
703

12, 498
705

11, 220
710

22,173
711

8, 845
713

9, 080
712

10, 383
714

5 467
217

5 104
218

5 286
218

5 2°'i
'220

5, 706
222

5, 587
221

11,221
221

4,274
222

4,698
225

5,290

3 412

3 240

3 004

3 214

3 260

243

24°

243

244

3, S81
244

3>

243

469
244

6, 882
244

2, 919
244

3,067
244

3, 584
244

1 797

1 859

1 780

1 649

1 701

1 69°.

277

277

277

277

277

' 278

1.940
'278

1 769
279

3, 747
278

1,277
277

1, 345
277

1,537
276

1 569
169

1 475
170

1 519
'l72

1 490
172

1,715
172

1, 578
172

2, 961
172

1, 111
171

1, 221
171

1,430
171

695

692

594

589

45

45

45

45 '•

607
44

832
45

610
45

1,145
45

471
44

591
45

625
40

23, 830
1,896

24,117
1, 896

21, 978
1,889

21, 079
1, 889

21,712 1
1, 895 1

21,732
1, 902

26, 150
1, 906

22. 005
1> 906

39,713
1, 906

17, 991
1,902

18, 793
1, 906

21, 255
1,908

85, 026
21, 257
456, 704
114, 176

102, 946
20,589
563.223
112,645

80, 851
20, 213
454, 268
113, 567

95, 528
19, 106
513, 095
102, 619

] 349

2 004

1 825

192

117

118

119

IIQ

10, 337
714

12, 590
688

12, 123
690

11,896
694

4 911
226

5 761
216

5 4(59
216

3 354

3 703

244

243

1 658

276
1 488
173

1 588
168

602

723

40

45

20, 755
1,910
72, 369
18, 092
422, 714
105,678

1 549 '
168 !

74, 411
18, 603
399, 779
99, 945

74, 642
18, 660
411,883
102, G71

95, 498 74, 703
19, 100
18, 676
524, 743 418, 762
104, 949 104, 691

:

91,311 68, 967 i
18, 262 17, 242
516, 171 395, 428 1
103, 234 98, 857

69, 861
88,912
17, 465
17, 782
412,767 1 520, 198
103, 192
104, 040

27

SURVEY OF CURRENT BUSINESS

June, 1932

! 1933

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

1931
April i May

i June

!

July

1932
Decem- | January Februber
ary

O ctober

August

March

DOMESTIC TRADE—Continued
i

DETAIL TRADE— Continued
Restaurant chains:
Total sales, 3 chainsSales
tiious of dolls
Stores operated
number
Childs Co.—
Sales
thous. of dolls Stores operated
number
J. R. Thompson Co.—
Sales
thous. of dolls !
Stores operated
number
Waldorf System (Inc.)—
Sales
thous. of dolls-- i
Stores operated
number- Other chains:
W. T. Grant and Co.—
Sales
thous of dolls Stores operated
number
J. C. Penney Co.—
Sales
_.__ thous. of dolls - !
Stores operated
number
Department store sales and stocks:
Sales, total value, ad justed. .1923-1925= 100— !
Sales, total value, unad justed J 923-1925 = 100- Atlanta
1923-1925 = 100Boston
1923-1925 = 100—
Chicago
1923-1925 = 100— !
Cleveland
1923-1925 = 100- Dallas
1923-1925 = 100—
Kansas City
1923-1925 = 100-Minneapolis
1923-1925 = 100New York
1923-1925 = 100-Richinond
1923-1925 = 100St. Louis
1923-1925 = 100—
San Francisco
1923-1925 = 100Installment sales, New England dept. stores,
ratio to total sales
per cent—
Stocks, value, end of month—
Unadjusted
1923-1925 = 100Adjusted
1923-1925 = 100
Mail-order house sales:
Total sales, 2 companies
thous. of dolls..
Montgomery Ward & Co.. thous. of dolls. .
Sears, Roebuck & Co
thous. of dolls..

i
3, 922
385

4,594
387 !

4, 496
386

4, 185
388 :

4, 188 i
391 \

4,577
379

4,745 i
381 |

4, 892
378

4,419
378

4, 737
383

4,261
382

4, 009
384

4,206
385

1, 618
108

2, 059 i
110

1, 957
108

1,847 !
109 ;

1, 858 i
108 |

2, 030
108

2,164 i
108

2. 208
' 107

1,980
106

2,163
108

1, 924
108

1,787
108

1,813
108

1, 064
116

1,175
117

1,202
116

1, 093 i
117

1, 086
118

1, 301
117

1, 278
117

1,325
115

1.187
116

1, 233
116

1,114
115

1, 041
115

1, 128
116

1, 240
161

1, 360 !
160 !

1, 337 ;
162

1, 245
162

1, 244
" 165

1, 246
154

1, 303
156 1

1, 359
156

1,252
156

1,341
159

1, 223
159

1,181
161

1, 265
161

5, 997
412

6, 402
364

6, 606
367

:

6, 289
371

5, 227

5, 395
381

5, 570
386 ;

7, 423
400

6, 485
400

12,111
402

4,495
404

4, 839
406 1

5, 567
411

15, 450 1 14, 832
1, 453 | 1, 453

12, 779
1, 454

13, 257
1, 456

14, 577 !
1, 457

17, 968
1, 458

16, 493
1, 458

21, 269
1, 459

9,288
1,460

9, 586
1,460 j

11, 412
1, 463

91
65
64
64
65
62

88
67
69
64

84 ;
87

86
9r,

83
97
80
93
82
73
84
82
68
112
102
84
93

81
142

97
103
91
82
91
88
76
123
118
88
103

144
136
123
127
126
112
174
176
124
151

77
64
56
69
63
53
52
55
51
74
66
56
74

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

14, 325 2 15,379
1, 464
1, 454
80

74
78
70
64
66
72
86
8.1
69
74

106
101
94
95
105
97
93
91
93
Ul
104
95
103

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

6.4

6.5

62
70
39,745
16. 160
23, 576

11

!

;

90
81
92
91

82

89
88
73
79
82
81
98
87
84
93
8.9

i
i
'

;

72

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

79
79
75
109
104
80
92

85

65
65
66
65
67
70
67
98

7.0

4.7

6. 7

11.9

11.0

9.1

4.6

8.0

8.3

7.2

87
83

85
83

80
82

75
81

76
79

84
81 |

88
80

89
79

73
78

67
75

69
73

72
70

52, 068
20, 558
31, 520

50, 070
18,547
31, 523

49, 480
19, 219
30, 261

45, 093
15, 320
29, 773

43. 004
16, 407
26, 597

45, 955
17,505 1
28, 450

52, 280
22, 034
30, 246

45, 898
18, 403
27, 495

58, 821
21.899
36, 922

31, 975
12,028
19, 947

32, 581
11, 963
20. 618

33, 959
14, 054
19, 905

67.9
53.3
50.7
48.5
64.3
82.0
86.9
81.3
87.9
64.4
73.2
74.4
67.9
45.2
63.8
60. 3
90.8
69.8
69.3
71.5
72.9
78.6
68. 5
71.7
54.4
60.2
46.9
87.9
69.4
55. 0
52.6
50.1
66.0
81.9
85. 4
82.3
86.3
65.4
75.3
77.2
67. 6

66.3
47.7
45.7
42.6
59.1
81.7
85.9
81.2
84.2
62.8
75.7
77.5
68.3
42.4
61.2
56.8
89.0
69.1
69.7
67.2
71.6
73.4
66.9
69.0
53.9
63.4
43.9
84.3
68.1
51.6
50.2
46.3
63.0
81. 9
85.3
82.8
85. 3
64.0
75.4
77.4
67.1

67.3
48.4
44.7
42.4
62.3
81.1
84.6
80.2
82.9
63.0
80.0
82.4
69.6
42.0
61.4
57.2
87.3
68.6
70.3
63.4
74.4
76.0
70.4
71.9
55.4
65.7
44.8
84.2
67.8
51.4
90.3
45.7
64.1
80.2
82.9
81.2
83.7
62. 4
78.1
80.7
67. 5

66.3
48.9
44.5
42.5
63.8
81.1
84.1
78.7
81.4
61.8
81.2
84. 3
68.6
40.3
60.0
56.1
86.4
67.4
69.4
61.2
73.5
73.2
74.3
70.4
54.7
63.7
45.3
83.0
66.4
50.1
47.6
44.1
63.4
78.6
83.0
79. 5
83.1
60.9
80.2
83.4
67.0

59
55
72
71

i
!

EMPLOYMENT CONDITIONS AND WAGES
EMPLOYMENT
Factory, unadjusted (F. 12. J3.)-_ 1923-1925 = 100Cement, clay, and glass
1923-1925= 100__
Cement
1993-1925 — 100
Clay products
1923-1925 = 100
Glass
1923-1925=100
Chemicals and products
1923-1925 = 100Chemicals and drugs.... .1923-1925 = 100 _
Petroleum refining
. .1923-1925 = 100
Food products
-1923-1925 — 100
Iron and steel
1923-1925 = 100Leather and products
...1923-1925=100Boots and shoes
1923-1925=100Leather
- 1923-1925 — 100
Lumber and products
1923- 1925 = 100. _
Machinery
- - 1923-1925 = 100
Metals, nonferrous
1923-1925 = 100_ _
Pai>er ard printing
1923-1925 — 100
Rubber products
- — - 1923-1925 = 100
Auto tires and tubes
1923-1925 = 100..
Boots and shoes
1923-1925 = 100..
Textiles and products
1923- 1925 =100. _
Fabrics
.1923-1925=100
Wearing apparel
1923-1925 — 100
Tobacco manufactures
1923-1925 = 100. .
Transportation equipment- - 1923-1925 = 100—
Automobiles
1923-1925 = 100..
Car building and repairing. 1923-1925 = 100__
Shipbuilding
1923-1925 = 100..
Factory, adjusted (F. R. R ) _ . 1923- 1925 = 100..
Cement, clay, and glass
1923- 1925= 100. .
Cement
1923-1925 — 100
Clay products...
1923-1925 = 100—
Glass
1923-1925-100
Chemicals and products
1923-1925 = 100..
Chemicals and drugs
1923-1925 = 100. _
Petroleum refining
1923- 1925 = 100—
Food products
1923- 1925 -—100
Iron and steel
1923-1925 = 100 .
Leather and manufactures. ..1923-1925 = 100—
Boots and shoes
.
1923-1925=100.Leather
1923-1925= 100. .
2 Revised.




64.0
48.8
44.8
43.1
62.1
82.4
81.9
78.6
80.6
59. 8 1
78.8
81.3 i
68. 3 1
39.6
57.0
53.9
85.3
66.6
69.3
58.7
67.9
67.3
69.4
68.4
53.0
58.9
45.5
85.2
64. 3
48.4
45.6
42.7
C1 3
78.5
81.2
78.6
83. 6
59. 0
80.2
83.0
68.8

77.9
65.7
66.0
62.6
71.7
96.7
93. 2
94.0
87.3
77.4
82.4
84.2
75.3
51.6
78.9
68. 1
94.6
71.1
73.7
63.2
81.8
78.6
89.8
80.2
66.2
75.1
56.9
93.9
78.0
65. 2
67.1
61.9
70.8
91.7
92. 4
94. 0
90.6
76.5
84.0
85. 9
76.0

77.1
67.3
68.3
64.2
72.8
91.4
91.5
94.4
88.3
75.7
80.8
82.2
75. 1
54.9
76. 8
67.4
94.6
74.3
77.4
65.1
80.6
79.8
82.4
80.7
66.1
77.3
55. 3
92.0
77.8
65.4
66.9
61.8
71.7
93.0
92. 9
94. 5
90.8
74.8
84.2
86.0
77.0

75.0
67.0
66.3
63.3
74.9
86.7
90.2
91.1
88.4
72.6
79.7
HO. 8
75.1
54.3
73.9
65.4
92. 7
75. 6
78.3
67.8
76.7
77.9
73. 6
79.9
63. 5
54! 6
91. 7
76.0
64.4
63.3
60.4
73. 0
89.6
92.1
90.2
88.7
72.6
83.9 '
85.5
77.4 ,

73.8
63.7
66.6
60.8
67.9
86.2
91.0
89.0
87.8
71.1
84.6
S6.4
77.0
52.2
70.4
63.4
92.0
74.1
75.9
68.6
75.2
77.1
70.6
79.4
60. 2
67.2
52.1
88.8
75.1
62.7
63.3
58. 6
70. 7
89.4
94. 2
87.1
88.1
72.1
84.8
86.4
78.4

74.2
62.6
63.2
58.9
69.7
84.4
89.0
86.4
87.9
69.9
86.7
88.8
77.8
52.1
67.7
62.3
91.7
71.5
74.1
63.9
77.8
77.4
78.9
79.1
58.7
65. 4
83! 2
74.1
60. 1
58.8
58.2
68. 7
86.6
91. 3
84.8
88. 1
70. 3
84.3
85.8
78.2

%.l
80.9

71.4
59.0
58.8
54.4
68.1
85.7
92.1
83.0
89.2
66.3
79.2
80.8
72.4
50.1
65.2
60.8
91.4
70.2
69.9
71.2
77.4
75.6
82.2
79.9
51.5
50. 5
49.0
84.1
70.3
57.6
56.5
53. 5
66. 2
85. 4
91.2
83.2
85.5
66.2
76. 4

82.3
75.2

nl

74.7
61.7
60.1 i
57.4
71.1
86.0
91.7
84.4
89.7
68.0
84.2
86.4
75.2
51.1
67.0
61.7
90.8
71.7
71.8
71 2
79.8
77.3
86.0
79.5
57.7
63.9
50.4
84.7
72.8
59. 4
57.1
55. 4
68.7
85.7
91,8
82.9

68.7
56.3
54.4
52.8
64.2
83.5
89.7
81.4
88.0
65.0
69.6
69.6
69.6
48.4
63.8
60.8
91.0
70.7
69.4
74.2
74.3
74.9
72.8
79. 3
50.6
49.9
47.4
87.3
69.3
55. 9
53.7
52.8
63.2
83.1
88.0
82.2
85.9
65. 3
70. 1 !
70.3
69. 1

28

SURVEY OF CURRENT BUSINESS

Earlier data, together with explanatory
footnotes, may be found in the 1332
Annual Supplement to the Survey

1933 |

June, 1932

1931

April J April \ May

June

July

1932

i August | Se^m"' October

N(

JJJJm1 I)^:^n" January

? rv lJ ~ 1 March

EMPLOYMENT CONDITIONS AND WAGES—Continued
EMPLOYMENT-Contimied
Factory, adjusted (F. R. B.)— Continued
Lumber and products
1923-1925— -100
Machinery
_ _1923-1925 = 10CL.
Metals, nonferrous
1 923-1925 = 100
Paper and printing
. _ 1923-1925 = 100. .
Rubber products
1923-1925 - 1 00, _
Auto tires and tubes
1923-1925 = 100—
Boots and shoes
1923-1925 = 100—
Textiles and products
1923-1925 = 100.. _
Fabrics
1923-1925- 100 ..
Wearing apparel
1923-3 925 = 100. _
Tobacco manufactures
1923-1925 = 100. .
Transportation equipment___1923-1925= 100..
Automobiles
1923-1925 = 100Car building and repairing. 1923-1925= 100..
Shipbuilding
1923-1925 = 100..
Factory, by cities and States:
CitiesCleveland
Jan. 1921 = 100
Detroit
1923-1925 — 100
New York
1925-1927 = 100. .
Philadelphia
1923-1925 = 100StatesDelaware
1923-1925 — 100
Illinois
1925-1927=100..
Iowa
1923-100
Massachusetts
1925-1927 - 100
Maryland
1924 = 100
New Jersey
1923-1925 — 100
New York
1925-1927 = 100..
Ohio
1926 = 100
Pennsylvania
19^-1925 — 3 00
Wisconsin
1925-1927 = 100
Nonmanufacturing (Dept. of Labor):
MiningAnthracite
1929=100-.
Bituminous coal
3929 = 100
Metalliferous
1929 — 100
Petroleum, crude production _ _ . 1929 = 100- .
Quarrying and nonmetallic
1929=100—
Public utilitiesElectric railroads
1929 — 100
Power, light, and water
1929=100Telephone and telegraph
1929 = 100. .
TradeRetail
1929=100Wholesale
1929=100
MiscellaneousCanning and preserving
1929 = 100—
Hotels
1929=100
Miscellaneous data:
Construction employment, Ohio. .1926 = 100..
Farm employees, hired, average per farm
number-Federal civilian employees (Wash.) number..
Railroad emplovees, Class I
thousands
Trade union members employed —
Number
per cent of total—
On full time
per cent of total .

40 2
50. 4
52. 7
85.7
66. 1
68. 1
60. 2
66.7
66. 8
60. 4
70.1
51. 3

45.2
80.3

55. 4
78. 0
On. 5
95. 0
70. 5
72.4
64,8
80.2
78.1
85. 6
82. 1
03. 8
70. 3
56. 6
88. 5

55. 4
76. 3
66. 6
95. 3
74.0
75. 9
68. 5
81.2
80.0
84. 1
82. 3
03. 2
70. 9
54. 9
89.6

70 2
67. 5
63.8
66.9

88 8
83. 5
76. 8
SO. 4

80. 4
73. G
79. 9

74,8
58. 8
91.2
56 9
62. 7
63 5
62. 2
66. 4
64.7
66.2

86. 9

lll.'o

74 7
76.2
75 7
77. 2
83.0
79.1
77. 9

51.1
67. 8
63. 1
9X 0
70. 5
72.0

80. 4
62. 4
70. 7
53. 6
90.6

52. 0
70.3
64. 2
93. 0
73.8
74.5
71.8
79. 6
80. 0
78.8
81. 4
60.2
67.6
51.8
90. 9

S3. 8
73.2
69. 6
79.7

80. 3
61.8
68. 3
77. 5

S3. 3
50. 0
69. 2
80.4

85. 6
7'.> 3

77. 2
78. 1

71.4
73.8
73.6
73.4
81.3
74.5
76.7

84.4
70.5
108.7
69.9
72. 5
72.6
71.9
78.2
72.5
79.6

83.2
70.1
109.1
71.4
72.3
73.0
71.6
70. 9
72.9
75. 6

k:'l Q

SO. 3

llo!lf

72 \
75. 9
75.3
75.6

54. 4
73. 4
65. 4
93. 6
70. 8
72. 4
78. 6
78. 7

78^3

no! i

so!<j

80. 1
83.2
79.1
58. 3
64.2
51. 0
88. 0

47.4
64. 6
61. 4
89. 7

50. 2
90. 9

48.4
65.6
61.7
91.0
70.3
71. 0
68. 1
70. 0
74. 9
78. 7
75.8
51.7
50. 5
48. 8
89. 7

51 ! 0
72.7
80.4

76.0
41.7
71.0
78.8

77. 1

81.2
68. 3
106. 3
70!9
72. 0
73.2
73.6
75.5
72, 6
75. 0

74. 5
65. 7
105. 0
65. 2
70. 6
72.4
71. 3
74.3
71. 8
70. 7

49. 4
67.3
62. 5
91.1
69. 8
69. 9
69. 4
80. 0
78.4
84. 0

£2
02. 0

45.4
64. 5
63.1
89. 2
73.3
72.9
66.8
73!l
69.2
70.4
58. 0
68. 8
47.0
87.9

43.9
61.8
57.4
88.3
69.7
73,2
65.2
71. 1
72.9
66.6
74.3
55. 6
67.1
44.4
81.9

43. 3
61. 2
50. 0
87. 2
68. 1
70. 0
62.5 :
72. 4
74. 4
67. 4
72. 8
55.1
64. 7
45. 4
79. 8

41. 2
59. 2
54. 3
86. 2
67. 0
68. 5
62.4
71. 0
71. 9
68. 9
70. 8
53.4
60. 9
45. 5
78. 1

77.0
64.0
66. 1
77.6

75.8
69.0
63. 1
74. 1

75.1
68. 6
64. 1
72- 9

72.0
65. 4
64. 6
71. 4

74.9
62.3
102. 2
62.2
67.2
71.0
68.8
71.0
71. 1
68.2

76. 0
63.6
102.9
61.1
66.0
68.1

79.3
61.6
96.8
60.7
64.1
66.1
65.0
69. 5
69. 4
65.1

78. 5
62.0
96. 4
63.6
63.9
67.1
65.0
70.1
68.9
67.6

75. 9
61.3
92. 6
62.4
63.5
65.4
64.6
68.5
67.5
68. 1

71. 2
77.4
46.9
54.4
47.4

I
!
;
;

73. 7
75.2
45.0
51.4
46.0

712
70.3
73.6
73. 7
73.4
74. 8
53. 4
50. 1
47. 6
90. S

67.' 7
78. 2

7o!s

71.0
66.9

70.1
65.5
43.3
54.9
48. 6

85.2
85.9
63. 9
69. 8
76. 1

80. 3
82.4
62. 4
67.8
75.0

76.1
78.4
60.0
65.0
72.3

G5. 1
76. 4
56. 2
65. 3
71.0

67.3
77.0
55.8
62. 4
68.9

80.0
80.4
55. 5
61.2
66. C

86.8
81.3
53. 8
60. 4
84.5

83.5
81.1
52. 8
57. 6
59. 3

79.8
81.2
5S!2
53. 9

76. 2
80.8
49.3
54. 9
48.9

78.0
84. 8
81.2

86. 8
97. 1
88.1

85.9
97.6
87.4

85.3
97.2
86.9

85.6
96.7
86.6

84.8
95.9
85.9

84. 0
94. 7
85.0

82.7
92.7
84. 1

81.5
91.3
83.5

79.9
90.3
83.1

79.5
89.3
83.0

78. 9 I
87.2 :
82. 0 i

77. 6
85.5
81. 7

81.6
78.9

90.1
87. 4

89.9
87.1

89.1
87.1

83.9
86.8

81.8
86. 5

86.8
86. 1

89. 8
85. 2

90. 9
84.1

106.2
83.7

84.3
81.8

80.5 :

81.4

80.9 !

79.8

47.0
82.7

59.6
95.9

56.0
92.5

70.6
91.6

102. 2
93. 3

142.9
92.8

180. 1
90. 6

108.1
88.5

60.8
85.9

40.7
84.1

35.0
84.2

37. 1
85. 3

36. 3
85. 0

31.4

60.0

61.3

63.3

62. 8

60.0

58.3

54. 2

45.4

37.5

31.9

28. 4

.83

.96
72, 297
1,331

1.02
72, 417
1,337

1.11
71, 693
1,317

1.25
71, 658
1,330

1.23
70, 885
1, 288

1.17
70. 580
1, 254

1.19
70, 056
1, 225

1.04
69, 894
1,169

.81
69. 435
1,134

.74
69, 710
1,109

69
48

11

75
56

74
55

74
55

74
56

74

56

54

70
51

69
49

85
94
94
85

91
97
96
92
86

90
96
96
91
85

89
95
95
90
85

89
92
96
92
84

89
93
95
93
83

88
94
96
90
83

88
93
96
83
82

87
94
96
79
80

87
93
95
82
78

72
78
88
81
87
78
79
71

80
86
95
91
93
86
92
89
88

79
85
95
91
93
87
92
91
88

77
84
94
90
92
87
91
85
86

76
84
93
90
92
87
89
80
85

70
84
93
90
92
88
90
82
85

74
82
92
88
91
85
89
78
85

74
83
92
88
91
84
88
76
85

73
80
91
86
90
85
88
81
83

73
80
91
85
91
87
88
84
84

39
769, 720
22, 604

49
402, 437
.15, 735

51
506, 097

41
59
31
491, 024 1,038,063 339, 730
12, 910
28, 696
37, 164

25
342,281
1, 250

3.06

2.79

2.41

3.02

2.60

3.58

2.75

3.63

3. 29

4. 15

.31
1. 96

.28
2.43

.23
3.84

.25
3.32

22
2! 40

.24
4.22

.21
5.01

.17
3.03

.16
2.61

.19
2.45

1. 14

1.12

1. 02

1.10

1.05

1.16

1.00

.72

.66

.71

177
199
381
237
80
310

181
206
187
345
66
88

205
246
221
277
84
83

209
247
235
265
94
94

217
273
212
411
94
82

196
250
191
287
91
91

221
269
231
264
118
98

214
258
232
257
114
84

191
217
273
189
80
121

207
258
336
182
81
122

LABOR CONDITIONS
Factory operations, proportion of full-time
worked, total
per cent—
Chemicals and products
per cent..
Food products
per cent..
Leather and products
per cent
Lumber and products
per cent-Metal products —
Iron and steel
per cent
Other
per cent
Paper and printing
per cent..
Stone clay and glass
per cent
Textile products
_ _..per cent..
Tobacco products
per cent
Transportation equipment
per cent..
Automobiles
per cent
Aliscellaneous
per cent
Labor disputes:
Disputes
number
Man-days lost
.
number-Workers involved
number _ _
Labor turnover:
Accessions
per cent of no on pa v roll
SeparationsDischarged
per cent of no on pay roll
Laid-off
per cent of no on pay roll
Voluntary quits
per cent of no on pay roll
Unemployment :
Applicants at employment agencies
_ _ _ no. per 100 jobs..
Central States
...no. per 100 jobs..
Eastern States
no. per 100 jobsSouthern States
no. per 100 jobsWestern States
no per 100 jobs
Placements
thousands..
» Revised.




1
j
!
i
i
I

76

17,071

«

43
666, 309 1,213,320
58, S95
17, 003

26. 7

.71
.77
69, 260
69, 069
1 093 69
49

70
49

92
94
86
79

87
92
94 i
89 i
83

86
93
94
89
77

71
82
89
80
91
81
86
81

75
82
89
81
92
81
85
81

73
80
89
80
91
80
81
74

2
37
117, 298
* 4, 648

s
524, 897
2

.

2

2

1
i
i
I
;
!
1

3 35 :
38
; 792,362
13, 737

40, 369

188
214
259
193
103
127

i
i
i
1
|
!

197
218
266
228
90
139

SURVEY OF CURRENT BUSINESS

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

1933
April

29
|

1931
April

1

May

J

June i Julv
i

•

1 c

i August "^m-| October |N°b7rmi
i

1932

I^P"
| January February
b
i

March

EMPLOYMENT CONDITIONS AND WAGES—Continued
PAYROLLS
Factory, unadjusted (F. R. B.) .1923-1925=100..
Cement, clay, and glass
1923-1925 = 100
Cement
"
1923-1925=100
Clay products
1923-1925=100..
Glass
1923-1925 = 100
Chemicals and products
1923-1925 = 100..
Chemicals and drugs
1923-1925=100..
Petroleum refining.-1923-1925=100
Food products
1923-1925=100
Iron and steel
_
- . 1923-1925=100
Leather and products
1923-1925=1 00. _
Boots and shoes1923-1925=100..
Leather
1923-1925=100.
Limber and products
1923-1925=100...
Machinery
1923-1925-100
Metals, nonferrous
1923-1925=100
Paper and printing
1923-1925—100
Rubber products
1923-1025=100
Auto tires and tubes
1923-1925=100..
Boots and shoes
1923-1925=100
Textiles and products
1923-1925=100
Fabrics
1923-1925-100
Wearing apparel
1923-1925=100
Tobacco manufactures
1923-1925=100 .
Transportation equipment ... 1 923-1925 = 100_ .
Automobiles
-.1923-1925=100
Car building and repairing. 1923-1925= 100. _
Shipbuilding
1923-1925-100
Factory, by States:
Delaware
. .
1923-1925= 100..
Illinois
1925-1927=100..
New Jersey
1923-1925=100.
New York
1925-1927=100..
Pennsylvania
.
1923-1925=100
"VV isconsin
1925-1 927 = 1 00
Nonmanufacturing (Department of Labor) :
Mining —
Anthracite
..
.1929=100.Bituminous coal
1929=100
Metalliferous
1929= ICO
Petroleum, crude production - . .1929= 100.Quarrying and nonmetallic
1929=100—
Public utilities —
Electric railroads
1929=100
Power, light, and water
1929=100
Telephone and telegraph
1929=100..
Trade—
Retail . . .
.
1929=100.Wholesale
1929=100
Miscellaneous —
Canning and preserving
1929=100
Hotels
1929=100-

48.7
31.7
29.9
23.6
49.2
68.5
67.2
71.2
72.8
32.1
55. 7
55.7
55.7
23. 2
39.1
38.3
79. 7
48.3
50.1
41.0
49.4
46.9
54.6
49.3
43.9
47.1
37.4
81.8

73.6
55.7
61.8
48.2
67.0
92.0
86.3
96. 7
88.2
G9. 1
70.6
69.6
74.4
44.9
69.7
65. 4
100. 6
66.8
71.8
46.8
76.8
72.4
85. 6
65.7
65.3
70.8
57.8
96.6

72.2
56. 7
65. 5
48. 4
67.9
88.4
85. 0
96.4
89.7
64. 9
68.7
67. 0
75.0
45. 7
67.8
63.4
100.0
71.0
76.6
48.8
71.7
73.3
69.4
68.3
66.1
75. 6
55.3
98.3

67.6
54.4
64.8
44.4
68.3
84.1
83.2
91. 1
89.7
57.6
66.7
64.7
74.2
44.6
62. 4
59! 1
96. 6
72.4
77.7
51.4
66. 7
69.4
61.1
68.6
58.8
62.1
53.0
91.4

64.4
49.4
60.4
40.7
60.2
82.9
82. 6
89.6
88.2
52.4
72.6
71.8
75. 4
41.7
57. 4
54. 5
93.6
64.0
66. 4
54. 6
65. 9
67.0
63.4
67. 5
52. 7
53.2
49.0
85. 6

64.3
48.1
56. 7
39.1
60.9
80.4
80.7
85. 6
86.7
50. 6
75. 5
75.1
76.9
41.3
54.9
52. 9
93. 1
62. 2
64.0
55. 3
70.2
68. 3
74.2
Co. 3
50.9
50. 4
48.1
82.8

61.8
46. 1
51.7
37.3
60. 3
80. 8
,82. 6
83.0
87.4
45.2
67.7
66. 6
71.8
40.3
51. 2
50. 2
90.4
54. 6
53. 0
61.0
71.0
65.1
82.9
62.7
45.6
41. 5
45.5
78.8

59.4
43.9
48.5
35.9
57.0
80.8
84.4
80.8
85.9
43.9
56. 4
53.7
66. 6
38.2
50.2
49. 9
91.4
53.7
51. 9
60.9
66. 0
62.9
72.2
64.6
45. 3
41.4
44.7
83.5

56.2
40.9
43.7
34.2
52.8
76.4
78.8
77. 9
83.2
41.2
47.0
43.1
61. 1
34.4
48.3
48.8
90.6
50.1
48.0
58.7
59.3
60. 1
57.8
64.5
45.2
42.3
43.9
81.4

55.8
37.4
37.4
30.3
51.7
75.0
76. 2
77.8
82.7
41.0
50.3
47.9
58.8
31.2
48.9
48.6
91.0
52.0
50.3

52.8
37.5
54.6
50.1
41.5
44.6

79.7
61.1
76.1
72.9
69.9
68.2

81.1
59.3
76.3
70.4
65.8
67.2

78.0
56.6
72.0
66.7
61.5
64.2

68.7
54.6
70.8
65. 5
57.3
61.0

68.9
53.9
70.7
65.0
57.0
58.9

64.1
50.3
66. 6
66.5
54.3
55.6

61.0
47.7
68.9
62.3
54.5
c
,2 8

72.0
33.9
25.0
44, 5
30.0

75.2
58.6
51.4
66.3
62.6

76.1
54.4
49.3
64.7
62.3

66.7
52.4
46.1
62.7
60.1

53. 7
50.4
41.3
59.2
57.3

56.4
50.6
40. 2
56. 3
55.1

64.9
53.6
40.0
55.2
51.2

70.7
82.4
83.4

86.6
97.6
95.0

85.1
98.7
94. 1

84.8
98.3
95.0

83.3
97.4
93.3

81.9
96.2
92.3

72.7
68.9

88.3
85.2

88.0
84.7

87.6
84.1

83.3
83.3

37.9
69.6

57.1
89.9

56.0
87.7

58.6
85.4

23.82

24. 25

26. 49
20. 46
15.22
89.5

27. 04
20.75
15.37
91.1

86.0
91.8
88.3

87.8
93.1
89.2

101.3
88. 1
105. 1
94. 4
89.2
86.7

53.6
32.9
31.4
24.3
51.0
2
71.0
71.1
75.1
76.3
37.2
61.4
61.9
59.8
25 9

45! o

58!l
60.0
54. 4
58.9
47.1
48.0
42.6
84.8

52.4
31.1
31.4
24.1
44.9
71.4
71.4
75.9
78.6
36. 3
53.3
52.5
56. 3
26.6
44.5
44.9
85.5
53.0
54.3
48.3
55. 5
57.1
52.4
53.0
44.3
47.7
38.0
81.2

45.0
83.5
54.2
56. 7
44.2
59.8
60.3
58.8
53.4
45.6
52.0
37.0
79.2

52.3
32.2
30.5
23.9
50.0
270.1
70.7
72.9
74.4
35.4
62.3
63.4
58.7
24.5
42.6
42.1
82.4
51.3
52.6
46.4
59.3
55.8
66.4
52.2
45.2
51.3
37.2
75.1

54.7
43.2
65.8
59.4
51.1
50.0

56.4
45.1
62.7
57.8
52.3
48.8

57.8
43.6
60.5
54. 6
49.4
44.1

59.5
42.3
60.5
53.9
49. 1
48.1

57.2
40.5
58.0
53.8
46.3
48.5

91.1
56.2
37.4
54.4
48.7

79.5
54.6
35.1
52.0
43.3

78.4
52.3
34.3
54.9
36.9

61.5
47.0
29.7
46.5
30.2

57.3
47.0
27.8
46.9
29.6

61.2
46.8
26.5
43.2
28.7

81.2
94.3
92.1

79.0
93.2
91.6

79.7
93.3
89.7

77.8
91.2
92.7

74.3
88.4
89. 1

73.6
86.0
89.6

72.4
85.4
88.2

80.3
82.1

83.5
81.4

84.6
79.9

85.4
79.7

94.1
77.8

78.0
74.1

73.7
72.5

73.4
71.3

74.2
85.2

104.7
83.8

129.4
81.9

77.6
79.7

48. 1
77. 1

36.9
75.4

31.8
73.9

32.7
74.0

31.9
72.5

23.07

22.34

22.49

21.75

21.21

20. 29

20. 74

18.99

19.51

18.60

25. 71
19. 55
15. 17
86.7

24.89
18. 92
14.79
84.0

24. 76
18.86
14.78
84.5

23.95
18.19
14. 57
81.7

23.10
18.05
13. 85
79.7

22. 20
17.07
13.37
76.2

22.56
17. 00
13. 63
77.9

21.84
16.28
12. 79
71.4

22.37
16.67
13.32
73.3

21.19
15.75
12.75
69.9

83.4
87.7
88.0

80.8
84.9
85.8

80.4
84.6
85. 7

77.7
81.6
84.5

75.0
81.0
80.3

72. 1
76.6
77.6

73.2
76.3
79.1

70.9
73.1
74.2

72.6
74.8
77. 3

68.8
70.7
74.0

103.6
86.5
105.8
93. 1
85.6
84.9

100.5
84.3
102.2
91.0
82. 3
82.8

89.9
84.1
102.2
91. 1
78.3
75.7

91.2
83.5
101.4
90.9
78.4
76.4

87.0
79.4
95.1
90.3
75.3
72.2

90.0
78.1
99.4.
87.5
76.3
71.7

80.2
74. 4
97.0
86.3
72.9
70.8

81.7
76.2
96.3
85.4
74,4
71.2

80.2
76.4
95.8
84. 1
72.5
66.0

83.2
73.2
94.5
82.9
71.8
69. 1

82.9
70.8
92.7
83.3
69. 4
68.7

. 664

. 664

37.00
.659

.660

.662

34.22
.669

~664~

.684

30. 53
.675

.678

.624

.35
.36
.20
.38
.43
.47
.51
.22
.36
.21

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

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

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

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

.34
.36
.18
.36
.46
.43
.50
.20
.35
.24

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

.34
.38
.18
.37
.46
.43
.51
.21
.36
.23

.33
.40
.18
38
. 47
.43
.51
.21
.36
.23

.32
.40
.19
.37
.45
.41
.50
.18
.38
.24

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

.34
.40
,16
.38
.45
.44
.47
.19
.37
.27

.50
115. 0

.50
110. 5

.50
110. 5

.50
107.5

.45
107. 5

.45
107.5

.45
107.5

.45
107.5

.45
107.5

.45
107.5

.45
107.5

WAGES— EARNINGS AND RATES
Factory, weekly earnings (24 industries) :
All wage earners
dollars
Male —
Skilled and semiskilled
dollars. .
Unskilled
dollars
Female
dollars
All wage earners
1923 = 100 _ Male—
Skilled and semiskilled
19'?3 — 100
Unskilled
1923 --100
Female
1923 — 100
Factory, weekly earnings, by States:
Delaware
* 1923-1925 — 100
Illinois
1925-1997 — 100
New Jersey
1923-1925 = 100
New York.
1925- 1 927 = 1 00Pennsylvania
1923-1 925= 100
Wisconsin
] 925- ^ 927 — 100
Miscellaneous data:
Farm wages, without board
(quarterly)
dolls, per month
Railroads, wages per hour
dollars
Road-building wages, common labor* —
United States
dolls, per hour..
East North Central
dolls, per hour..
East South Central
dolls, per hour..
Middle Atlantic. . . dolls, per hour
Mountain States
dolls, per hour..
New England .
dolls, per hour
Pacific States
dolls, per hour
South Atlantic
dolls, per hour_.
West North Central
dolls, per hour..
West South Central
dolls, per hour-Steel industry—
U. S. Steel Corporation. ..dolls, per hour..
Youngstown district
p. ct. base scale..




2

Revised.

77.6
68.3
90.0
80.7
64.8
64.5

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

f

.50 :
107.5 1

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

29.13

SURVEY OF CURRENT BUSINESS

30

! 1932 S

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

June, 1932

1931

June

May

| July

1932
S

m

August ! ^

;

" October ; ^er™" ^be™'

'^l?1?1" 1 March

January

FINANCE
f

BANKING
Acceptances and commercial paper outstanding:
Bankers acceptances, total. _..mills, of dolls..
Held by Federal reserve banks—
For own account
mills of doPs
For foreign correspondents
mills, of dolls.
Held by group of accepting banks, total
.
mills, of dolls. .
Own bills
mills, of dolls. .
Purchased bills __ .
mills, of dolls _
Held by others
mills of dolls
Commercial paper outstanding
mills, of dolls..
Agricultural loans outstanding:
Credit banks, intermediate. .mills, of dolls..
Land banks Federal
mills, of dolls
Land banks, joint stock
mills, of dolls..
Barl!i debits total
mills, of dolls
New York City
mills, of dolls..
Outside New York City
mills, of dolls..
Brokers' loans:
Reported by New York Stock Exchange
._ .mills, of dolls..
Ratio to market value
per cent..
By reporting New York member banks
mills, of dolls .
Federal reserve banks:
Acceptance holdings. (See Acceptances.)
Assets total
mills, of dolls
Reserve bank credit outstanding
mills, of dolls
Bills bought
mills, of dolls
Bills discounted
mills of dolls
United States securities. .mills, of dolls..
Reserves total
mills, of dolls
Gold reserves
mills, of dolls..
Liabilities, total
mills, of dolls..
Deposits, total
mills, of dolls. .
Member bank reserves ._ .mills, of dolls. .
Notes in circulation.. _ -.mills, of dolls
Reserve ratio
per cent
Federal Reserve member banks:
Deposits—
Net demand
mills, of dolls..
Time
. .
mills, of dolls
Investments
mills, of dolls..
Loans, total
mills, of dolls..
On securities _ mills, of dolls
All other loans
mills, of dolls. .
Interest rates and yield on securities:

879

1 422

1, 413

1,368

1, 228

1,090

996

1,040

1,002

974

961

919

16

162

124

95

39

70

420

647

418

305

119

76

36

292

409

380

341

243

228

100

99

126

251

314

312

335

455
188
268
115

410
125
285
441

464
171
293
444

554
196
357
379

668
232
436

606
168 !
438 i
186

410
182
248
66

230
112
118
63

296
125
171
162

262
131
131
156

332
159
174
195

343
175
168
189

377
155
222
162

108

307

305

292

289

271 |

248

210

174

118

108

103

106

113
1,146
507
29, 924
15, 558
14, 366

138
1, 185
540
46, 441
26. 821
19, 620

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

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

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

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

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

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

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

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

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

114
1, 154
520
27, 251
14, 381
12, 870

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

379
1.87

1,651
3.40

1,435
3.37

1,391
2.93

1.344
3.03

1,354
3.04

1,044
3.23

796
2.38

730
2.35

587
2.20

512
1.94

525
1.90

533
2. 18

495

1,730

1,539

1,479

1,390

1, 366

1, 172

869

720

591

505

495

525

5,560

4,902

4,932

5, 154

5,146

5,409

5,530

5,666

5,580

5,672

5,523

5,374

5,369

1, 850
48
556
1,228
3,213
3,004
5,560
2, 225
2, 124
2,566
67.1

937
163
157
598
3,334
3, 161
4, 902
2, 434
2,371
1, 535
84.0

917
125
174
598
3, 413
3, 250
4,932
2,442
2, 389
1,580
84.9

943
106
149
668
3,576
3,409
5, 154
2,504
2, 381
1,723
84.6

976
73
195
678
3,597
3. 431
5. 146
2, 527
2,367
1, 765
83.8

1,255
215
255
728
3,619
3, 456
5,409
2, 632
2,373
1,963
78. 8

1,578
469
328
742
3,301
3, 138
5,530
2, 506
2,364
2,098
71. 7

2, 184
681
728
727
2.903
2,746
5, 666
2,380
2, 167
2,429
60.4

1,931
452
718
717
3,080
2,918
5,580
2. 252
2, 051
2,480
65.1

1. 853
'339
638
817
3, 158
2,989
5,672
2,125
1,961
2,624
66.5

1,856
153
899
746
3, 169
2,976
5, 523
2, 093
1,947
2.665
66.6

1,709
109
828
740
3,140
2, 938
5,374
1,937
1, 849
2, 651
68.4

1,597
68
639
872
3, 235
3,020
5. 369
2,012
1,924
2,563
70.7

11,144
5, 685
7, 151
11,882
5, 099
6, 783

13, 664
7,410
7, 903
14, 993
7, 052
7,941

13.605
7, 347
7, 807
14, 730
6, 867
7, 8G3

13, 688
7, 172
7, 795
14, 691
6, 746
7, 945

13,473
7, 144
7,810
14,486
6, 544
7, 942

13,244
7.003
7,665
14, 398
6,519
7,879

12, 449
6, 358
7,700
13,521
5, 897
7, 624

12, 199
6,142
7, 506
13, 350
5, 807
7, 543

11.877
5, 898
7,428
13, 104
5, 777
7,327

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

11,003
5,700
6. 935
12, 588
5, 440
7, 148

10, 941
5, 680
7, 143
12,211
5, 328
6, 883

i

j
i
1

!
I
i
!
|
i
i
!
!
i
|

; 13.227
I 6,775
! 7,916
i 14, 191
i 6,346
j 7,815

y*\ y* IM

3

Bond yields. (See Bonds.)
1. 45^
1.50
2. 50
Call loans, renewal
per cent..
1.52
2.50
2.65
1.50
1.50 !
1.50
2.70
2.50
2.10
2
Com'l. paper, prime (4-6 mos.)
per cent.. 3^-3%
2 |
2
*1. 50
Discount rate, N. Y. F. R. Bank. .per cent_.
3.00
1.50
"' 2. 0(f
3. 50
1.50
3*50
'3.504
1.50 !
1.50
*3. 504
*3400
5. 63
5.63
Federal land bank loans
per cent
5.63
5.63
5.63
5.63
5. 63
5.63
5.63 i
5.63
5.63
5. 63
4.00
Intermediate credit bank loans
per cent..
3.90
5.27
4.00
4.50
5.34
3.81
5.06
3.81 i
3., 81
4.06
5. 43
5.43
Real estate bonds, long term
per cent..
5. 50
o. 69
5. 71
5.68
5. 43
5.50
5.43
5.76 1
5.80
5.00
0
Stock yields. (See Stocks.)
2-3
Time loans, 90 days
per cent
3-4
3/2 -4
IK !/>'?
Savings deposits:
1
New York State
mills, of dolls.. 5, 258
5, 083
5, 156
5, 059
5, 149
5, 213
5, 236
5, 217
5, 239
5,173
5,231
U. S. Postal Savings —
Balance to credit of depositors
thous. of dolls.. 713, 867 313, 775 325, 028 347, 417 372, 457 422,699 468,908 536, 660 564, 809 2 605, 112 658, 081 683, 627
Balance on deposit in banks
thous. of dolls.. 634, 752 278, 304 289, 034 300, 120 329, 655 365,798 395,725 449, 933 479, 035 -510,763 570, 525 602, 317
FAILURES
Bank suspensions:
Total
.- -.
number
08
Deposit liabilities
thous of dolls
35, 496
Commercial failures:
Total
number
2,816
Agents and brokers
number
169
641
Manufacturers, total.
number
Chemicals, drugs, and paints... number..
23
Foodstuffs and tobacco
number..
65
Leather and manufactures
number...
21
Lumber
number
Metals and machinery..
number
C9
Printing and engraving
number _ _
31
Stone, clay, and glass
number
18
Textiles
number
92
Miscellaneous...
number __
245
Traders, total
number
2,006
24
Books arid paper.
.
number
Chemicals, drugs, and paints number..
123
Clothing
number..
448
Food and tobacco
number..
475
General stores
number
110
Household furnishings
number
426
Miscellaneous
..number..
400
2
Revised,




64
41, 683

91
43, 210

167
190, 480

93
40, 745

2, 383
158
515

1, 993
109
449

55
10

22, 248
126
552
12
47
14
65
50
27

78
227
1, 710
18
98
351
451
109
297
386

7?
250
1 , 570
19
108
295
401
88
357
302

1, 983
141
520
13
40
16
39
49
17
13
75
258

44
12

74
20
21
1 67
1, 435
20
84
235
360
89
243
404

363
66
239
292

158 '
305
180,028 ! 233,505

1,944
136
427
9
37
18
52
49
14
6
61
181
1,38]
12
109
220
441
78
235
286

j
|
j
i
;
:
:
!
!
1
i
i
!
i
!
I
1

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

911

522
471, 380

175
67, 939

358
277, 051

342
219, 300

2, 362
143
614
11
64
18
54
55
32
9
81
290
1,005
18
112
284
447
105
260
379

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

2,758
154
591
14
52
20
65
49
29
11
116
235
2,013
16
142
421
591
159
343
241

3, 458
175
688
22
58
25
82
75
28
12
133
253
2, 595
37
120
701
556
195
530

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

2

2 123
65, 339
2, 732
128
602
19
53
20
62
26
23
103
219
2, 002
10
12fl
505
489
144
398
294

2.50

"3. oo

5. 63
5. 44
5. 50

5, 290

699, 280
620, 139

2

45
14,316
2, 951
201
642
53
19
86
80
14
105
244
2,108
14
14S
437
o4o
158
487
210

31

SURVEY OF CURRENT BUSINESS

June, 1932

1933

1931

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

April

May

June

July

Decem- January FebruOctober NovemAugust So,jtomber
ary
ber
>er

March

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

101, 069
16, 194
43, 138

50, 868
5,763
18, 719

53,
53, 371
9,796
18,
18, 506

51, 656
3,813
21, 909

60, 998
12, 321
20, 586

53, 025
10, 210
16, 967

47, 256
7,741
14, 857

70, 660
14, 841
27, 334

60, 660
7, 318
26, 112

73, 213
12, 373
22, 454

96, 860
10, 676
31, 680

84, 900
10, 016
33, 879

93, 760
18, 349
31, 293

679
935

267
977

345
411

513
1,363

873
565

285
492

701
1, 266

596
1,100

1,242
810

1,022
1,076

836
1, 836

2, 587
805

312
1,480

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

1,121
4, 087
3,584
835
150
1,612
6,087
26, 386
192

346
4,763
3. 560
560
'' 602
602
83
1, 660
660
6,737
25,
25, 069
125

1,068
3, 928
7,267
735
349
939
5,746
25, 934
204

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

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

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

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

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

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

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

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

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

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

1, 348
4,374
5,491
1, 805
5, 520
7,657

915
3,778
7,162
1,303
5,730
6,055

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

1.104
4,497
8,201
1,151
6, 855
6, 118

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

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

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

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

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

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

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

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

15, 662
6,332
1,544
4,788

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

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

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

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

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

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

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

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

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

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

16,572
6, 3K3
1,498
4,885

5,894
1,134
1,605
2,660
495
2,300

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

5,990
1,189
1.644
2, 653
504
2,363

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

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

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

6,159
1, 283
1,665
2,687
524
2,508

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

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

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

6, 177
1, 303
1,672
2, G79
523
2,704

0, 177
1, 302
1,678
2, 675
522
2,742

1,225
1,168
1,256
1,276
59
35
45
22
845
865
926
994
288
301
285
260
980, 000 1,005,000 905, 000
1,025,000 980,
99, 000
72, 000
72,
81. 000 46, 000
235, 000 236,
236, 000 251, 000 253, 000
691, 000 672,
672, 000 673, 000 606. 000
258, 926 268,
268, 658 256, 586 260, 103
12, 682
25, 175
25,
13, 868
17, 979
8,037
8,398
8,114
8,117
59, 884
59,
53, 854
60, 654 55, 612
175, 562 173, 947 178, 398
183, 992 175,

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

988
22
723
223
720, 218
37, 300
199,218
483, 700
222, 309
9.019
7,521
55, 319
150, 450

1,035
18
761
256
817, 858
40, 504
213.931
563, 423
241.561
10, 125
7, 484
58, 365
165, 587

1,100
1, OS9
1, 551
1, 229
21
49
44
19
804
816
1,156
951
252
248
259
350
846, 617 1,117,187 944, 848 833, 324
28, 595 101, 205 111,920 35, 123
230, 344 261,773 217, 552 220, 568
587, 678 754, 209 615,376 577, 633
235, 201 348, 384 248, 576 249. 578
10, 412
14, 434
9,812 23, 904
8,225
8,862
7,464
10, 166
60, 570 61, 157
59, 204 113,491
158, 721 200, 823 164, 710 169, 784

1,224
21
931
271
889, 664
45, 574
251, 059
593,031
261, 166
13. 003
9, 333
56, 810
182, 020

589
243
61
69
217

535
221
57
61
196

600
258
61
64
216

593
268
58
61
206

639
279
66
65
229

LIFE INSURANCE
(Association of Life Insurance Presidents)
Assets, admitted, total
mills, of dolls..
Mortgage loans
mills, of dolls.
Farm
mills of dolls
Other
mills, of dolls
Bonds and stocks held (book
value)
mills, of dolls
Government
mills, of dolls. .
Public utility
mills, of dolls
Railroad
nulls, of dolls
Other
_ . ... .
mills, of dolls. .
Policyloansandpremiumnotes.thous. of dolls..
Insurance written:
Policies and certificates
thousands...
Group
thousands
Industrial
_
thousands. .
Ordinary
thousands
Value, total
thous. of dolls
Group ... . -. .
..thous. of dolls..
Industrial
- . . . .thous. of dolls.
Ordinarv
thous. of dolls
Premium collections
thous. of dolls..
Annuities
.__
thous. of dolls..
Group
thous. of dolls 1
Industrial
thous. of dolls. .
Ordinary
thous. of dolls..

1,144
36
860
248
822, 990
64, 884
236, 898
521, 208

_

. __

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

557
245
59
199

754
327
71
83
273

724
313
69
82
261

735
321
70
84
259
111

635
267
63
74
231

194

630
279
64
67
220

800
342
80
89
289
127

635
289
63
68
214

MONETARY STATISTICS
Foreign exchange rates:
.582
.583
.583
.585 '
.588
.520
.707
.582
. 765
.703
.699
.646
.597
Argentina
dolls, per gold peso
.139
.139
.139
.139
.139
.140
.139
.139
.139
. 139
.139
Belgium
dolls per belga
.140
.140
.062
.062
.062
.062
.062
.056
.067
.072
.064
.059
.065
.073
Brazil
_ _
dolls, per milreis
.075
.895
. 851
.873
.827
.891
.890
.999
.899
.997
.997
.963
1.000
.997
Canada
dolls, per Canadian doll
.121
.121
.121
.121
.121
.121
.121
.121
.121
.121
.121
.107
.120
Chile
.dolls, per peso..
3.64
3.46
3.43
3.37
3.72
3.89
4.86
4.86
4.86
4.53
3.75
4.86
England
dolls, per £
4.86
.039
.039
.039
. 039
.039
.039
.039
.039
.039
.039
.039
.039
.039
France
dolls, per franc
.237
.238
.237
. 236
.232
. 237
.234
.238
.237
.237
.238
.237
.233
Germany
dolls per reichsmark
.273
.258
.260
.254
.287
.280
.361
.359
.339
.280
.361
.360
.360
India
dolls, per rupee-.052
.052
.050
.051
.052
.052
.052
.052
.052
.052
.052
.052
.052
Italy
dolls, per lira
.322
.343
.360
.435
.493
.4.93
.494
.494
.494
. 493
.494
.494
Japan
dolls, per yen-.328
.403
.402
.404
.402
.402
.404
.403
.402
.402
.403
.401
.403
.405
Netherlands
dolls, per florin..
. 078
.076
.084
.084
,090
.086
.100
.090
.097
.093
.088
.105
Spain
dolls, per peseta-.077
.199
. 192
.193
.187
.207
.231
.268
.268
.261
.268
.268
.268
Sweden
dolls, per krona
.191
.471
.462
.449
.446
.349
.450
.614
.419
.543
.460
.677
.585
Uruguay.
-..
dolls, per peso..
.473
Gold and money:
4,372
4, 384
4,452
4,450
4,447
4, 363
4,948
4, 767
4,
767
4,958
4, 975
4,711
4,865
Monetary stocks, U. S ,
mills of dolls...
4,381
Movement. foreignEarmarked by F. R. B., foreign account
348, 479
77, 231 356, 321 463, 931 435. 621 458, 534 433, 150 406, 781
thous. of dolls. . 344, 500 127, 795 123,
123, 795 31, 531
61. 231
58, 312
92, 264 -29, 700 -16,000 -279, 090-107.600 28, 310 -22, 913 25, 385 26, 368
4,000
3,969 -7, 500
Net change in earmark acct. thous. of dolls..
43, 909
4. 994 32, 651 107, 863 128, 211
1,009
39 28, 708 398, 604
40
27
628
49, 509
Exports
thous. of dolls
19, 238
50, 258
50,
63, 887 20, 512 57, 539 49, 269 60, 919 94, 430 89, 509 32, 905 37, 644
49, 543
Imports *
..thous. of dolls.. 19, 033
49, 630
49,
63, 847 19, 503 57, 500 20, 561 -337. 685 89, 436 56, 858 -74, 958 -90, 567 -24, 671
49, 516
Net gold imports
thous. of dolls ._ -32, 975
910, 279 897, 000 916, 843 916, 425 916, 000 945, 113 900, 510 923, 353 936, 784 914, 012 960, 035
Production, Rand.
fine
ounces.. 949, 796 2 882,337 910,
91, 273
89, 185 91, 704
95, 133 114, 651 118, 123 115, 343 128, 928 123, 748 134, 775 123, 555
95,
93, 612
Receipts at mint, domestic fine ounces. „ 85, 906
5,531
5, 627
5,645
5,478
5,611
5,518
4,947
5,133
4,647
5,452
4,679
4,750
4,836
Money in circulation, total... mills, of dolls..
t Federal Reserve notes. (See Fed, Res.
1
Bks.)
* Or exported (—).
* Revised*




SURVE Y OF CURRENT BUSINESS

32
Earlier data,, together with explanatory
footnotes, may be f ound in the 1032
Annual Supplement to the Survey

1933

'
*
April | April

June , 1932
1933

1931
May

;

Juno

July

I

August

O

*-

'

111 1

-j^ " October ^^-D^^^-y:^ru.| March

FINANCE — Continued
MONETARY STATISTICS— Continued
Silver:
,
1, 595
Exports
thous. of dolls. _
Imports
thous. of dolls. . 1,612
Price at New York
dolls, perfineo z _ _ .233
Production, estimated, world (85 per cent of
total)
thous. of fine oz _
1, 33S
Canada
thous. of fine oz_.
Mexico
thous. offineo z _ _
United States
thous. of fine 02.. ~~~2~219~
Stocks, end of month —
6, 768
United States
thous. of fine o z _ _
Canada
-- thous. of line oz...
1, 631

3, 249
2 439
.283

2,099
2,636
.277

1,895
2, 364
.273

2, 305
1,663
.283

15, 933
1, 139
9, 535
2, 831

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

12,418
731
7.041
2,433

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

713
1, 509

1,485
1,423

1,611
958

2, 077
754

2, 024
2, 6S5
. 275

2, 183
2, 355
.282

2, 158
2, 573
. 295

12, 643
1,610
6,814
2, 419

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

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

2, 240
1,363

4, 082
989

4, 066
1,110

2,168
3,215
.301

1,611
2,097
.298

942
2, 009
.301

11,739 : 10,821
1,659 1
1,113
6,295 | 5,590
2, 132 | 2, 350

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

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

6,517
1,324

6, 408
1,538

872 !
2,138 i
.322 j

5,035 ;
1,471 i

6,209
1,273

967
1,809
.298
2

1, 128

* 1, 785

27,479
1, 677

NET CORPORATION PROFITS
(Quarterly)
Profits total
mills, of dolls
Industrial and mercantile,
total
mills, of dolls
Autos parts and accessories mills, of dolls
Foods'
mills, of dolls..
Metals and mining
mills, of dolls
Machinery
mills of dolls
Oil
"
mills, of dolls
Steel andrailroad equipment mills, of dolls .
Miscellaneous
mills, of dolls..
Public utilities
- mills, of dolis_.
Railroads Class I
mills, of dolls
Telephones
mills, of dolls..

441

390

267

159
65
35
3

97
14
29

d1
d 30
22
d2

d

d 11
9
53
78
132
72

-l

d1
48

d 13
d 13
33

167
67

125
64

79 :

PUBLIC FINANCE (FEDERAL)
Debt, gross, end of month
mills, of dolls.. 18, 597
Expenditures, chargeable to ordinary
£43, 759
receipts
thous. of dolls
Receipts ordinary, total. ... .thous. of dolls _ 98. 822
Customs
thous. of dolls.. 31,383
Internal revenue, total
thous. of dolls.. 55, 201
Income tax
thous. of dolls
20, 4G9

16, 655

16, 527

16, 801

16, 802

17,321

17, 292

432, 366
148, 208
31,797
75. 469
31, 220

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

375, 153
512,894
28, 986
345, 803
294, 20!

330, 661
131,706
34, 480
74, 169
24, 376

323, 838 356, 630
122, 141 368, 792
35, 500
33. 240
63, 3U4 312,581
25, 2 ! I 263, 877

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

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

591,411
571,618
19, 793
456, 678
101,872
500
7,577
7, 235
250
4, 400
305, 661
6,000
35, 068
11,000
105, 940

427, 713
417, 569
10, 144
250. 590
6, 850
0
10,415
9, 485
265
8, 650
210, 025
22, 500
800
100
174, 879

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

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

126, 836
126, 836
0
51, 997
9, 597
0
2, 650
2, 100
0
1, 985
27, 456
12, 295
0
0
74, 839

313, 330
263. 330
50, 000
176, 264
4, 550
0
67, 009
66, 785
0
66, 445
42, 080
60, 000
2, 625
20, 000
117, 066

45, 932
45, 932
0
17, 891
2,160
941
9, 625
9, 125
0
9, 125
2, 000
0
3, 1«5
12, 000
16, 041

130,787 139.391
130, 787 139, 391
0
0
70, 202 ; 86, 331
583 • 19, 100
0
0
5, 734
5, 785
2,619
3,185
500
0
1,979
2,575
51,235 1 53,398
12, 550
0
0
8, 048
6, 000
12, 000
54, 585
41, 060

70, 26S
70, 268
15, 070
25, 000
30, 199
0
72, 051
33, 124

387, 294
369, 501
267, 471
0
102, 030
17, 793
204,116
189, 207

344, 164
334. 020
161, 360
100
172, 560
10, 144
83, 549
81, 230

251, 163
224, 863
106, 043
0
113,820
26, 300
151, 145
121, 575

222, 564
222, 504
115,070
15,000
92. 495
0
44, 573
40, 864

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

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

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

142, 319
48, 194
0

489, 703
354, 969
101, 703

367, 138
190, 065
60, 525

396, 4.23
247, 034
5,884

235, 017
153, 814
2,120

114,674
39, 835
12, 162

300, 465
163, 399
12, 865

65, 205
117, 389

111, 386
196, 598

169, 094
24, 772

120, 336
30, 892

85, 327
45, 602

75,618
91, 522

74.49
79.31
65.99

94.84
95. 70
93.39

93.67
94.88
91.66

94.77
95.86
92. 89

93. 14
95. 49
89.13

49.42
43.42
66.11

80.86
68.15
80.06

80.48
66. 70
80.91

79.07
64.36
82.76

16, 864

17,310

17,825

17,816

18, 126

18, 507

292.652 ! 862,348 232 927
106, 304 342, 271 10?! 748
27,445 ; 26,549
27, 180
62, 539
59,098 j 295.499
22, 134
19,546 256,522

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

335, 486
275, 932
23, 231
231, 830
192, 703

193, 939
193, 939
0
48, 164
2,319
0
1, 225
1,075
0
690
44, 620
0
0
12, 500
133, 275

94, 497
94, 497
0
44, 551
100
0
2,900
0
0
0
34,901
4, 950
1,700
15.000
34, 947

190, 020
190, 020
0
57, 344
341
0
1,911
905
0
755
51, 097
3, 425
571
25, 000
107,675

110,215 118,751
110,215 118,751
50, 123 i 66,984
6, 000 I 12, 000
54, 092 ! 39, 767
0
0
20.571 ! 20.641
20,079
19,347

179, 919
179,919
46, 664
0
133, 255
0
14, 020
1,500

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

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

42, 326
14, 285
3,606

106,932 ;• 100,523
46,347
47,463
23,855 ! 38,868

189, 520
43, 745
4,419

90, 685
40, 738
3, 813

187, 282
54. 607
2, 738

119, 142
104, 129

18, 293
50, 122

54, 322 :i 49, 244
74,625
33,142

135, 154
111, 018

91.09
93.75
86.54

81.70
88.34
70. 04

79.28
86. 13
67.28

75. 19
84. 13
59.55

72. 29
80. 19
58.35

73.45
80.34
61.31

75. 31
82.02
63.51

76. 12
80.57
63.30

80,99
67. 75
83.68

77.05
65. 82
82.81

72.24
61. 60
78.40

65. 08
55. 48
71.93

64. 08 i
56.31 I
72. 15 i

53. 23
47.37
65. 84

57.47
50.04
66.09

57.23
48.84
66. 23

58,25
49. 51
69. 61

CAPITAL ISSUES
Total, all issues (Commercial and Financial
Chronicle}
thous. of dolls..
Domestic total
thous. of dolls
Foreign total
- .thous. of dolls
Corporate tot?l
thous. of dolls
Industrial
thous. of dolls
Investment trusts
thous. of dolls
Land buildings, etc
thous. of dolls
Long-term issues
thous. of dolls..
Apartments and hotels. thous. of dolls. _
Office and commercial. thous. of dolls..
Public utilities
thous. of dolls
Railroads
thous. of dolls
Miscellaneous
thous. of dolls .
Farm loan bank issues
thous. of dolls..
Municipal, States, etc
thous. of dolls
Purpose of issue—
New capital, total
thous. of dolls..
Domestic, total
thous. of dolls..
Corporate
thous. of dolls..
Farm loan bank issues. thous. of dolls..
Municipal, State, etc.. thous. of dolls..
Foreign
.
thous. of dolls _
Refunding, total
thous. of dolls
Corporate
thous. of dolls..
Type of security, all issues:
Bonds and notes, total
thous. of dolls..
Corporate
thous of dolls
Stocks
thous. of dolls
State and municipals (Bond Buyer}:
Permanent (long term)
thous. of dolls
Temporary (short term)
thous. of dolls. .

2

2

35, 310 3 88, 647
100,757 2 174, 948

SECURITY MARKETS
Bonds
Prices:
All listed bonds, avg. price (N. Y. S. E.}
dollars..
Domestic issues
dollars
Foreign issues
dollars
Domestic (Dow-Jones) (40)
„__
p. ct. of par 4% bond,.
Industrials (10)
p. ct, of par 4% bcnd..
Public utilities (10). p. ct. of par 4% bond..
Rails, high grade (10)
_.p. ct. of par 4% bond-Rails, second grade (10)
p. ct. of nar 4% bond__
Domestic (Standard Statistics) (60)., dollars..
Domestic U. S. Liberty (N. Y. Trust) (5)
p. ct. of par ..
Foreign (Ar. Y. Trust} (40)..,. .p. ct. of par..




73. 23

96.11

97. 68

97.73

97,70

95.14

92.70

84.35

83.73

75.29

76.95

75.30

79.28

34.33
79.4

84.03
99.6

82.54
99.7

78.51
99.4

80.34
99.4

70.76
98.5

64. 11
95. G

66.49
89,4

53. 02
89. 0 1

39. 11
81. 6

46.54
81.0

47.52
80.4

46. 54
82.8

102. 24
48.37

105. 77
85.30

108. 84
106. 30
81.01 ' 83.84

108. 09
72.32

106. 04
71.02

103. 78
53.98

100. 37
56.10

100.86 i
50.20 i

93.23
45.61

96.01
49. 63

99.16
51.45

99.63
60.13

* Revis<id.

d.»•deficit.

SURVEY OF CURRENT BUSINESS

June, 1932
|

•< OQO

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

33
1932

1931
April

May

June

July

F

*r |M»*

August So£tem- October Novem- Decem- January
ber
ber

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

252, 354
68, 916

227, 788
12, 127

235, 687
14, 431

267, 752
15, 167

227, 899
8,284

199, 710
8,675

305, 816
38, 493

346, 979
56, 157

236, 617
37, 389

337, 826
61, 046

286, 527
67, 676

217, 385
54, 794

252, 712
51, 281

52, 218
33, 329
18, 890
38, 897
26, 431
12, 465

50, 912
31, 802
19, 110
48, 282
30, 436
17, 847

50, 849
31, 742
19, 106
47, 630
30, 117
17, 513

51, 846
32, 744
19, 102
49, 133
31, 389
17, 744

51, 939
32, 746
19, 192
48, 376
31, 269
17, 107

51, 950
32, 762
19, 188
47, 319
30, 714
16, 605

52, 671
33, 551
19, 121
43, 031
29, 640
13, 392

52, 599
33, 500
19, 100
41, 703
28, 852
12, 850

52, 547
33, 451
19, 097
39, 512
28, 141
11, 371

52, 360
33, 409
18, 951
37, 848
26, 791
11, 058

52, 242
33, 329
18, 913
38, 372
26, 777
11, 595

52, 245
33, 306
18, 939
39, 347
27, 319
12, 028

52, 277
33, 343
18, 934
39, 794
26, 863
12,931

6.00
7.33
5.02
5.50
6.16

4.43
5.10
3.80
4.46
4.33

4.43
5.24
3.75
4.44
4.27

4.45
5.25
3.76
4.46
4.32

4.44
5.13
3.88
4.42
4.32

4.50
5.26
3.88
4.40
4.47

4.70
5.64
4.00
4.50
4.66

5.16
6.21
4.51
4.77
5.14

5.19
6.08
4.62
4.89
5.17

5.81
7.24
4.86
5.29
5.86

5.86
7.11
5.28
5.36
5.70

5.91
2 6. 98
5.40
5.49
5.78

5.70
26.79
5.09
5.30
5.60

4.77

3.85

3.74

3.84

3.86

3.85

4.06

4.34

4.45

4.87

4.94

4.96

4.73

3.38

3.31

3.30

3.32

3.34

3.42

3.71

3.69

3.92

4.27

4.11

3.92

1.49

.88

.41

.42

.45

1.70

1.77

2.41

2.48

2.42

2.25

762, 077
345, 700

945, 976
386, 900

489, 858
244, 700

532, 840
232, 500

747, 157
288, 400

557, 742
251, 000

670, 951
231, 100

997, 938
403, 100

443, 200
195, 900

494, 269
214, 700

212, 500 236, 900
2 31, 500 34, 000
27,000
6,800
268, 124 416, 377
451, 702 399, 518
407, 694 330, 688
44, 008 68, 830

367, 000
41, 500
11, 400
559, 076
212, 819
199, 836
12, 984

169, 700
33, 500
6,000
245, 158
380, 793
348, 437
32, 355

174, 000
26, 500
6,000
300, 340
286, 265
266, 372
19, 894

225, 000
36, 000
8,500
458, 757
232, 255
206, 070
26, 185

183, 000
32, 450
10, 550
306, 742
371, 135
343, 006
28, 128

179, 500 300, 000
28, 800 42, 500
10, 800
11, 600
439, 851 594, 838
284, 499 202, 300
249, 075 181, 637
35, 424 20, 663

143, 000
29, 000
7,900
247, 300
366, 996
337, 52,7
29, 469

158, 800
30, 500
4,900
279, 569
250, 405
239, 461
10, 944

2, 077. 4 2, 010. 6
920. 69
920. 56

1, 935. 0 1, 888. 5
922. 59 922. 59

1, 807. 1
923. 36

1, 744. 2
922. 50

1, 621. 4
922. 57

1, 545. 0
922. 76

3.74
1.11

. 55

Cash Dividend and Interest Payments
and Rates
Total (Journal of Commerce) ...thous. of dolls..
Dividend payments
thous. of dolls. .
Industrial and miscellaneous
thous. of dolls..
Railroads, steam
thous. of dolls..
Railways street
thous. of dolls..
Interest payments
thous of dolls
Dividend payments (N.Y. Times) .thous. dolls..
Industrial and miscellaneous
thous. dolls..
& Railroad
. _thous. dolls..
Dividend payments and rates (Moody' s) :
Dividend payments, annual payments at
current rate (600 companies).. .mill, dolls..
Number of shares adjusted
millions
Dividend rate per share, weighted average
(600)
dollarsBanks (21)
dollars
Industrials (492)"
dollarsInsurance (21)
.dollars _
Public utilities (30)
dollars..
Railroads (36)
dollars

654, 200
226, 700

745, 673 2556, 124
310, 800 2228, 000

164, 500
28, 200
7,500
427, 500
161, 770
154, 515
7,255

233, 000
36, 800
8,000
434, 873
262, 456
227, 805
34, 651

1, 476. 6
924. 54

2, 271. 7 2,201.4
911.22 911.59

2, 148. 6
911.88

2, 105. 4
912. 11

2.49
6.20
1.99
3.53
2.98
5.50

2.41
6.20
1.92
3.53
2.98
5.09

2.35
6.14
1.87
3.49
3.00
4.83

2.31
6.14
1.81
3.38
3.00
4.75

2.25
6.11
1.75
3.38
2.99
4.75

2.18
6.11
1.70
3.35
2.95
4.23

2.09
6.11
1.64
3.08
2.87
3.91

2.04
6.11
1.60
3.08
2.87
3.64

1.96
6.31
1.55
3.00
2.84
2.79

1.89
6.31
1.48
2.95
2.83
2.64

1.76
6.17
1.33
2.95
2.80
2.36

1.67
5.43
1.27
2.89
2.76
2.21

162.0
63.4
90.8
145. 36
215. 74
74.97
109.2
100.3
169. 8
87.3

142.9
57.5
81.0
129. 82
193. 75
65.89
98.0
89.4
156. 4
76.8

138.4
56.0
78.2
133. 33
.198.56
68.09
95.1
86.5
153.0
74.0

143.5
58.2
79.9
129. 36
193. 83
64.88
98.2
89.8
157.5
75.3

138.8
56.9
70.1
124. 32
190. 59
57.87
95.5
88.5
154. 0
66.2

118.8
47.9
58.6
101.62
156. 80
46.44
81.7
75.8
131.9
56.1

101.8
40.3
53.2
95.69
146. 65
44.72
69.7
64.8
111.9
48.4

104.0
40.0
48.6
90.40
142. 97
37.82
71.7
67.5
114.7
46.0

81.2
33.3
35.8
74.20
119. 96
28.44
57.7
54.3
95.6
33.0

79.4
32.2
37.9
73.80
116. 92
30.68
58.0
54.4
94.4
36.6

80.0
32.7
36.8
74.10
118. 92
29.28
56.5
52.9
92.8
34.2

81.5
29.3
34.5
70.78
115.42
26.14
56.8
53.8
93.4
32.1

127.0
112.0
54, 335

110.8
102.2
46, 661

109.2
98.8
58, 719

111.0
105.4
33, 540

104.2
102.5
24, 890

88.2
86.4
51, 140

78.8
72.2
47, 895

82.2
75.0
37, 369

60.6
54.9
50, 190

63.8
46.9
34, 342

64.1
48.1
31, 719

67.1
61.9
33, 061

48, 570
1,305

42, 534
1,306

47, 417
1,303

44, 423
1,303

44, 587
1,314

32, 327
1,317

34, 247
1,319

31, 105
1,319

26, 694
1,319

26, 378
1,319

27, 586
1,320

24, 502
1,314

5.43
5.69
4.04
7.12

5.95
6.23
4.42
7.91

5.96
6.26
4.47
7.76

5.66
5.89
4.33
7.54

5.74
5.94
4.36
8.15

6.51
6.63
5.11
9.59

7.28
7.49
5.74
10. 07

7.06
7.32
5.50
9.79

8.66
9.04
6.60
12.70

8.22
8.89
6.37
9.01

8.04
8.81
6.06
8.60

7.16
7.53
5.74
9.15

5.53

25.57

2 5. 63

5.59

25.56

*5.78

26.25

26.22

26.74

26.85

'6.89

26.78

1.60
5.43
1.22
2.77
2.69
1.68

Stocks
Prices:
Dow- Jones —
Industrials (30)
. -.dolls, per share
62.7
Public utilities (20)
dolls, per share..
25.3
Railroads (20)
.dolls, per share .
23.6
New York Times (50)
dolls, per share. _ 52.85
Industrials (25)
dolls per share
87.88
Railroads (25) ..
dolls, per share..
17.81
Standard Statistics (421)
. .1926=100
43.9
Industrials (351)
1926=100
41.7
Public utilities (37)
1926=100
73.3
Railroads (33)
1926=100..
22.2
Standard StatisticsBanks N Y (20)
1926-100
54.3
Fire Insurance (20)
- .1926=100
39.5
Sales, N. Y. S. E-thous. of shares.. 31, 403
Value, and shares listed, N. Y. S. E. —
Market value all listed shares
mill, dolls.. 20, 319
Number of shares listed
..millions..
1,325
Yields:
Common, Standard Statistics (90) .per cent..
9.15
Industrials (50)
.
per cent..
9.52
Public utilities (20)
per cent
7.34
Railroads (20)
._
per cent..
13.05
Preferred, Standard Statistics —
Industrials, high grade (20)
per cent..
7.43

2

2

Stockholders (Common Stock)
American Tel & Tel Co total
number
Foreign
.
number
Pennsylvania Railroad Co., total
number..
Foreign
number
U S Steel Corporation, total _ _ .number
Foreign
number
Shares held by brokers
per cent of total-.
2

Revised.




602, 057
6,735
244, 025
3,291
156, 238
2,520
14.37

612 755
6,870
244, 675
3,284
169, 017
2,701
13.16

642, 427
6,947
248, 777
3,268
179, 572
2,803
13.29

667, 238
7,047
251, 591
3,267
187,409
2, 924
11.97
i

34

SURVEY OF CURRENT BUSINESS

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

1932
April

June, 1932

1931
April

May

June

1932

i
Novem- Decem- January FebruAugust September | Optnhpr
October | ber j ber
ary

July

March

FOREIGN TRADE
INDEXES
Value:
Exports, unadjusted
.
1923-1925=100
Exports, adjusted for seasonal.1923-1 925=100..
Imports unadjusted
1923-1925—100
Imports, adjusted for seasonal- 1923-1925 = 100. .
Quantity, exports:
Total agricultural products.. 1910-1914 =100..
Total, excluding cotton
1910-1914=100..

j
!

36
38
39
36

57
60
58
53

54
57
56
55

49
55
54
57

48
54
54
59

48
45
53
56

54
44
52
51

51
44
46
46

48
46
47
48

40
39
42
42

41
45
41
41

|
'
!
1

41
41
41
37

80
81

68
81

66
89

58
86

63
97

86
92

139
127

137
114

143
106

111
81

117
85 i

111
79

VALUE
Exports, incl. reexports
thous. of dolls.. 135, 236
By grand divisions and countriesAfrica
.thous. of dolls
Asia and Oceania
__ thous. of dolls __
Japan
_ _ .thous. of dolls
Europe
thous. of dolls..
France
thous. of dolls
Germany
thous. of dolls..
Italy
thous. of dolls
United Kingdom
thous. of dolls
North America, northern ..thous. of dolls..
Canada
thous. of dolls
North America, southern. .thous. of dolls
Mexico.
thous. of dolls
South America
-thous. of dolls
Argentina
thous. of dolls
Brazil
.thous. of dolls
Chile
thous. of dolls
By economic classesExports, domestic
thous. of dolls
132, 408
Crude materials _
thous. of dolls
34, 023
Raw cotton
mills, of dolls .
20.7
Foodstuffs, total
thous. of dolls.. 21, 001
Foodstuffs, crude
thous. of dolls
9,790
Foodstuffs, manufactured
thous of dolls
11,211
Fruits and preparations-mills, of dolls_.
4.0
Meats and fats
mills of dolls
4.2
Wheat and
flour
mills, of dolls
7.6
Manufactures, semi-finished
.thous. of dolls.. 18, 902
Manufactures, finished.. thous. of dolls.. 58, 483
Autos and parts
mills, of dolls _
7.8
Gasoline..
mills, of dolls
8.3
Machinery
.mills, of dolls _ _
12.2
Imports, total
thous. of dolls.. 126,676
By grand divisions and countriesAfrica
thous of dolls
Asia and Oceania
thous. of dolls
Japan
thous of dolls '•
Europe
thous. of dolls__!
France
thous. of dolls '
Germany
thous. of dolls '•
Italy
thous. of dolls..!
United Kingdom ... ..thous. of dolls i
North America, northern. .thous. of dolls.,.!
Canada
thous. of dolls. J
North America, southern. _ thous. of dolls
Mexico. _ _ .
_ thous. of dolls
South America
thous of dolls '
Argentina.. _.
thous. of dolls
Brazil
thous. of dolls.. i
Chile
thous of dolls ;
By economic classes —
Crude materials
thous. of dolls.. 36, 300
Foodstuffs, crude
thous of dolls ! 19, 172
Foodstuffs, manufactured. thous. of dolls.. 18, 943
Manufactures, semifinishedthous. of dolls.. 18. 869
Manufactures, finished
thous. of dolls.. 33, 392

215, 077 2203,970

4,925
36, 202
14, 230
49, 320
11, 329
12, 282
3, 884
33, 344
45, 445
44, 851
17, 529
5,805
16, 467
5, 803
2,371
2,539

2

187, 077

2

4,648
30, 277
8,798
88, 149
8, 688
10,819
3,622
30, 915
35, 824
35, 030
15, 423
4,340
12, 869
4,295
1,735
1,775

6,129
33, 420
] 1,201
89, 576
10, 121
13, 153
3, 867
34, 238
42, 432
41, 664
17, 149
4,911
15, 286
5,583
2,555
1,930

180, 772

5,070
34, 66C
10, 885
79, 977
7,392
8,286
3,757
32, 564
33, 572
32, 677
14, 446
3,402
12, 945
4, 706
2, 316
1,557

2

164,J
6,1
28, <

18, 868
6.5
7.8
7.4

17, 531
5.7
7.1
8.8

18, 306
7.6
6.8
11.6

2

193, 540 2 184, 070 2 149, 978

3,598
5, 376
4,140
34, 548 37, 221 41, 227
12, 370
14, 249
13, 131
90, 361 111, 983 100, 826
8,681
7, 726
8,802
12, 837 17, 352 15, 694
4,108
3,986
6,158
34, 589 50, 559 46, 280
28, 471
27, 279 26, 155
27, 797 26, 621 25, 760
12, 266 12, 793
12, 395
2,902
2,856
2,878
9,354
10, 230 10, 252
3, 658
2,701
3,435
2, 626
1, 996
2, 489
974
700
983

s,;

74,,
8,
7,*
1,239
3,i
27, J
31,
30,,
13,
3,(
10,
4,'
1,
*

2210,061 2 199, 225 2 182, 797 2177,025 2161,
28, 376
40, 151
36, 484
29, 070
25,
13.5
22.9
18.9
13.5
28, 222
32, 305
28,
29, 414
28, 650
8,626
13, 999
11,119
10, 546
9,
19, 596
6.4
8.5
5.7

2 180, 228 2204,905

2

i
153, 936 2 155, 254
2, 717
39, 408
20, 742
74,038
8, 800
11,004
4, 027
33, 306
20, 551
20,247
9,791
2,554
7,419
2, 207
2,275
552

4,317
3,140
43, 660 38, 667
16, 945
18, 445
92, 242 71, 082
8,279
9,340
14, 587 12, 058
4,487
7,076
36,699 i 28,606
18, 923
20, 101
19, 777 18, 572
13,158 ! 10,813
2,829
3,120
10, 100
7, 276
2,025
3,130
2, 014
2,717
339
895

'
!
i
i
•
i
!
i
i
|
!
I
i
i
i
i

3, 734
35, 746
16, 582
70,415
10, 451
13,388
3, 673
23, 383
25, 328
24,993
11,410
2,914
8,622
3, 063
2,439
350

2177,382 201,390 2190,339 2 180, 801 2 146,912 2 150,997 2151,769
44, 390 63, 624 2 68, 077 2 68, 407 49, 735 2 52, 581 2 50, 409
23.5
43.6
37. 3
36. 5
47.3
36.0
39.8
21, 723
34, 473 27, 068 23, 657 22, 758
28,415 1 39,316
8, 494
8, 510
9, 404
8, 193
10, 290
13, 967 13, 754

18,

15,464
2 25, 347 220,706 217,673
11. 6
6. 6
7.4
16. 2
6.1
7.1 1
6.0
7.3
8. 8
8. 5
7.6
5.3

18, 125
9. 2
6.3
6. 7

14,264
7. 0
6. 0 i
5. 1

13,213
5. 9
4.7
5.4

231,086 229,891 227,451 2 27, 948 223,
221,389 221,184 220,797
220,633 2 18, 822 2 18, 331 2 is, 293
283,189 2 77, 269 2 67, 005 264,683 1 254,698 2 57, 327 ! 61, 343
2110,602 2103,436 297,625 288,396 284,
11.5
7.4 1
9.3
14.2
12.8
1
7. 9
6. 8
8. 7
' 8,. 5
5. 5
18.0
7.6 :
7.2
8.3
5.9
7.0 i
6.3
10.7
12.5
9.0
7. 2
7,. 2
2
22.7
15.7
13.8
!
13.5
24.7
|
20,2
17.7
11.4
26.6
28.3
20.4
31.1
2 185, 706 2 179, 694 2 173, 455 2 174, 460 2166,
2170,384 12168,708 2 149, 480 2153,773 2135,530 130,978 : 2131,292
3,778
53, 180
12, 185
55, 387
6, 250
11,249
5, 741
11, 561
24, 088
23, 757
22, 396
5,685
26 917
2[ 638
9,388 !
4 510 i

4,337
49, 964
15, 580
51,841
6, 143
9, 512
4.627
12, 354
25, 297
24, 1 10
19,880
5,234
2« K44
3,215
11,188
2 91?

!
!
!
!
!
*

2,773
52, 757
14, 988
47, 480
5, 516
8,937
4, 269
11, 000
23, 873
22, 854 ;
20, 582
4, 640
26, 068 !
2, 645 ;
8, 805
3 336

2, 384
4X 772
16,' 057
51, 359
5,459
11, 734
4,138
10, 951
23, 874
22, 341
23. 953
3, 409
24, 133
3, 042
8, 897
1 . 765

2,039 !
37,846 I
14, 150 I
40,986 i
4,080
6.446 !
Si 045 i
5,954 i
17,354 i
16,216
15,002
3,704
21,976
1,803
8,655
3,647

2,
45,
16,
50,
6.
11,
4,
11,
21.
20,
23,
22i
3,

38, 119
23, 436
14,880
2 26, 595
32,491

54, 702
54, 159
47,
52,438 | 49,977
28,912
30,774 ; 27,435 i 25,930 i 21,
22,985 i 18,850 ! 19, 744
21, 120 : 23,
33,373 i 30,382 ! 29,652 :! 29,990
28,
45,
45, 734
45, 529 j 44, 186
47, 442

2,854
33, 553
12, 723
41,720
4, 137
8, 639
4.007
7,728
14,658
14, 608
16, 64')
3, 348
21, 546
1, 885
8, 552
2,093 ,

i 37,310
22, 849
! 14,911
i 24, 098
I 31,810

;

3,711
35, 498
13,163
36, 482
4,244
6, 564
4,467
7,702
17, 027
16,947
18.409
4, 214
20, 214
1, 729
9,038
1,206

2 36, 030
24, 870
2 17, 485
2 20, 021
2 32, 789

TRANSPORTATION AND COMMUNICATIONS
TRANSPORTATION
Express Operations
Operating revenue
Operating income

thous of dolls
thous of dolls

10 196
'l29

10 493
' 107

10 151
105

9 773
139

8. 177
789 885
60 232

8. 206
741 327
56 981

9 428
134 :

9 605
135

!

9 540
129

9 470
131

8,459
135

7,701
133

8.225 ! 8.225
745 280 | 803, 216
56, 211 j 59,970

8.255
766, 176
56, 686

8.225
724, 195
53, 428

9 150
119 i

Electric Street Railways
Fares, average (320 cities)
Passengers carried
Operating revenues
* Revised.




cents
thousands
thous. of dolls

8 231
8. 180
747 930 842 833
64 332

K,77
832 076
63 718

8.206 ! 8.206 ! 8.225
713 467 ' 734 422 i 795 443
55 835
55,966 i 59 704

8.225
773, 079

SURVEY OF CURRENT BUSINESS

June, 1932
j

-j OQO

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

I

35

1931
May

April

Jane

July

1932

Decem- January FebruOctober NovemAugust Septemary
ber
ber
ber

March

TRANSPORTATION AND COMMUNICATIONS—Continued
TRANSPORTATION— Continued
Steam Railroads
Freight carloadings:
Index, unadjusted
1923-1925 = 100..
Coal _
1923-1925 = 100
Coke
1923-1925-100
Forest products
1923-1925=100
Grain and products
1923-1925=100..
Livestock
1923-1925 = 100.
Merchandise, 1. c. 1
1923-1925 = 100. _
Ore
_
1923-1925 = 100
Miscellaneous
1923-1925=100
Index, adjusted
1923-1925 = 100
Coal- . _
1923-1925 = 100
Coke
1923-1925 = 100
Forest products
1923-1925=100
Grain and products
1923-1925 = 100-.
Livestock
1923-1925 = 100
Merchandise, 1. c. 1
1923-1925 = 100
Ore
1923-1925 = 100
Miscellaneous
1923-1925=100
Total cars *
thousands
Coal
thousands
Coke _
.
thousands
Forest products.
thousandsGrain and products
thousands..
Livestock
_ _ .thousands. .
Merchandise, 1. c. 1
thousands..
Ore_ .
_
thousands
M iscellaneous.
thousands. .
Freight car surplus, total
thousands..
Box
thousands. .
Coal
thousands
Equipment, mfgrs. (See Trans. Equip.):
Financial operations (Class I roads):
Dividends paid. (See Finance):
Operating revenues
thous. of dollars...
Freight
thous of dollar^
Passenger
thous of dollars
Operating expenses
thous. of dollars...
Net operating income
thous. of dollars...
Operating results (Class I roads):
Freight carried 1 mile
mills, of tons__
Receipts per ton mile
cent^
Passengers carried 1 mile
millions..

!

57
52
31
27
66
56
75
9
57
59
62
32
26
86
61
73
18
56
2,773
461
19
99
154
93
931
17
998
728
294
363

Waterway Traffic
Canals:
233,186
Cape Cod
short tons
250
New York State
. thous. of short tons- i
1,444
Panama, total
thous. oflongtons..
620
U. S. vessels
thous of long tons
278, 926
St. Lawrence
short tons
369
Sault Ste. Marie
thous. of short tons..
Suez
thous. of met. tons..
"Welland.. _
short tons "464," 668"
Rivers:
172,472
Allegheny
short tons
Mississippi (Govt. barges)
short tons.. 99, 000
850
Monongahela
.thous. of short tons..
Ohio (Pitts, to Wheeling)
short tons.. 445, 731
Ocean traffic:
Clearances, vessels in foreign trade
thous of net tons ! 5,313
3, 277
Foreign
thous. of net tons..
2,036
United States
thous. of net tons..
Shipbuilding. (See Trans. Equip.)
Vessel losses. (See Trans. Equip.)
Travel
Hotel business:
3.28
Average sale per occupied room
dollars.. i
53
Rooms occupied
per cent of total |
Foreign travel:
Arrivals, U S. citizens
number
Departure, U. S. citizens
number..
Emigrants
.
number ..
Immigrants
number
Passports issued
.number . 18, 745
National parks:
Visitors
number. .
Automobiles
.number
Pullman Co.:
Passengers carried
thousands
_
Revenues total
thous of dolls 1
COMMUNICATIONS
Telephones (class A companies):
Operating revenues
thous. of dolls
Station revenues
thous. of dolls
Tolls message
thous. of dolls i
Operating expenses
thous. of dolls
Operating income
thous. of dolls
Stations in service, end of mo
thousands
Telegraphs and cables:
Operating revenues
thous. of dolls
Commercial telegraph tolls.thous. of dolls
Operating expenses
thous. of dolls . .
Operating income
thous of dolls

77
65
57
45
80
65
91
20
87
80
78
60
43
104
69
88
41
85
3, 758
580
35
164
188
109
1, 126
40
1,516
603
282
252

79
67
56
47
80
64
92
45
89
79
76
56
44
97
68
89
30
85
2, 961
456
26
132
143
82
870
69
1,174
616
306
239

369, 652
283,711
47, 272
290,618
39, 074

369, 020
283, 161
46, 981
288, 067
41,264

28, 710
1.093
1,831

30,014
1.054
1,870

77
63
45
43
78
55
89
77
86
77
73
49
41
90
65
89
43
82
2,992
443
22
125
140
75
876
119
1,192
599
306
224

78
64
41
38
120
56
87
92
83
76
73
46
38
100
67
88
51
79
2,931
433
19
106
220
71
830
139
1,113
564
288
211

76
68
38
38
95
64
86
89
81
72
70
42
36
78
72
86
52
73
3,747
594
23
138
228
106
1, 069
175
1,413
574
303
206

78
74
42
37
83
76
88
79
81
69
69
42
35
68
64
85
49
68
2,908
497
19
104
149
96
841
121
1,081
564
293
210

78
83
45
33
82
86
87
50
81
69
72
44
33
74
64
83
36
69
3,813
727
28
123
193
145
1,081
102
1,415
535
290
1.85

70
72
46
31
80
80
85
16
70
68
65
44
33
76
69
83
23
72
2, 620
486
21
87
145
104
806
25
946
659
341
249

61
70
50
25
62
66
77
10
57
69
65
47
30
63
66
83
40
73
2, 273
471
23
71
112
87
742
15
753
751
401
269

58
66
47
25
66
65
75
7
54
64
58
43
28
69
62
81
31
67
2,270
461
23
73
124
88
747
12
742
742
381
283

59
66
52
27
74
57
75
7
53
62
61
45
27
78
60
78
29
•
62
2,245
460
25
77
137
76
732
11
728
722
367
278

54
61
71
48
27
72
5(5
75
28
57
2, 287
485
24
80
116
66
749
11
750
705
365
265

369, 810 377, 146
281, 261 290, 348
50, 272
50, 957
280, 145 280, 127
P,r. f ) Q f )
50, 163

364, 525
280, 103
49, 183
269, 463
55, 859

350, 335
270, 239
44, 757
258, 223
55, 319

363. 206
289, 193
38, 202
261,247
64, 020

305, 385
238, 459
35, 904
238, 507
36, 580

288, 631
214, 443
40, 577
241,439
21,263

275, 371
208, 492
38, 024
229, 548
11,714

267, 272
205, 366
33, 882
211, 109
22, 043

290, 029
225, 031
34, 398
222, 482
32, 289

30, 276
1.051
2, 116

29, 348
1.041
2,077

27, 847
1.049
1,900

30, 588
1. 046
1, 541

25, 086
1.035
1,468

22, 663
1. 037
1,641

22, 853
1.017
1,506

21, 732
1.047
1,401

23, 580

203, 085 216, 559 203, 230 211,172
457
385
349
506
1,925
1,759
2,011
1,867
937
828
820
929
319, 059 1,165,791 919, 649 716, 991
922
4,335
6, 645
7, 613
2,403
2,027
2,396
1,963
370, 003 1,165,853 1,015,469 871,513

186, 414
425
1,789
859
714, 370
8,385
1,860
972, 976

197, 997
587
1,755
884
710, 753
7,126
1,813
968, 763

221, 308
505
1,763
930
794, 975
6,248
2,019
850, 582

209, 864
510
1,578
676
663, 636
3,049
1,964
954, 773

221, 673
0
1,649
744
31, 756
284
2,075
103, 954

178, 121
0
1,594
652
0
0
2,136
0

168, 189
0
1,645
628
0
0
1,766
0

190, 484
0
1,644
726
0
0
2,043
0

28, 258
1.090
2,034

134,854
82, 465
1, 518
713, 200

169, 760
99, 901
1,508
685, 526

143, 627
86,016
1, 257
736, 187

237, 024
104, 300
1,331
849, 277

294, 720
104, 266
1,042
661, 514

246, 551
106, 931
962
635, 571

213, 562
104, 873
1,135
603, 544

156. 642
86', 346
998
548, 640

119, 972
168, 021
891
463, 164

46, 740
130, 807
780
338, 716

43, 845
112,558
723
319, 266

71,615
113,600
794
298, 394

5,907
3, 815
2, 092

6,539
4,014
2,525

6,543
4,302
2,241

7, 536
4, 794
2,742

7, 463
4,729
2,734

6,837
4,359
2,478

6,461
4, 041
2,420

5, 605
3,309
2, 296

4,866
3,137
1,729

4,910
3,129
1,781

4, 932
3,157
1,774

5,240
3,184
2,056

3.73
63

3.50
61

3.58
56

3.55
54

3.64
54

3.55
58

3.51
60

3.56
56

3.39
52

3.38
60

3.46
56

3.27
52

28, 281
24, 418
5,647
3,470
21, 466

22, 518
23, 242
5, 616
3, 799
28, 513

25, 588
29, 579
5, 893
3,534
27, 689

30, 944
46, 961
7,428
3,174
17, 667

59, 372
65, 895
9,541
4,090
10, 749

62, 581
42, 247
8,733
5,017
8,812

32, 427
35, 016
10, 857
3,913
7,345

16, 823
23, 224
11,318
2,899
6,622

16, 932
24, 351
10, 727
2,642
5,513

17, 158
25, 016
8,550
2,220
6,442

19, 829
22, 920
6,188
1,984
6,475

22, 012
24, 718
6,239
2,103
10, 694

81, 074
17, 893

165, 683
41,133

327, 604
81,856

577, 284
140, 164

600, 033
146, 611

211,581
51,914

79, 700
18,867

41,723
7,514

38, 145
6,909

54, 167
9,617

45, 486
8,204

46, 120
7,951

1,986
5,238

1,900
5, 055

2,051
5,470

2,023
5,413

2, 091
5,564

1,969
5,409

1,674
4,499

1,526
4,238

1,677
4,852

1,643
4,530

1,424
4,039

1,404
3,806

98, 596
64, 709
26, 123
64, 739
24, 770
17, 152

98, 381
64, 513
26, 059
65, 757
23, 721
17, 166

97, 507
53, 925
25, 763
65, 088
23, 628
17, 094

96, 298
62, 398
26, 077
66, 034
21, 624
17, 018

94, 566
61, 260
25, 401
64, 102
22, 025
16, 977

94, 665
62, 263
24, 928
63, 099
23, 146
16, 992

96, 704
64, 154
24, 926
64, 997
23, 209
16, 941

93, 275
62, 851
22, 761
64, 075
20, 887
16, 929

95, 272
63, 826
23, 682
67, 322
20, 036
16, 887

91,811
62, 730
21, 507
63, 806
19, 151
16, 783

89, 039
61, 248
20, 361
61,645
18, 490
16, 693

91, 683
62, 300
22, 038
61, 598
20, 967
16, 640

11,963
9,391
10, 054
1,513

11,744
9,133
10, 047
1,426

11, 875
9, 212
10, 140
1,737

11,370
8,774
10, 534
461

10, 825
8,359
10, 060
387

11,012
8,441
10, 067
567

10, 859
8,243
9,531
951

9,660
7,387
8,564
722

10, 849
8,298
9, 490
994

9,181
7,058
8,469
326

8,894
6,771
8,040
469

9, 955
7,573
8,605
961

* Data for April, August, and October, 1931, and April, 1932, are for 5 weeks; other months 4 weeks.




58
67
48
27
62
49
75

SURVEY OF CURRENT BUSINESS

36

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

June, 1932
1

1931
April

May

June

i
Novem- Decem- January
August September jI October
ber
ber

July

F( sbruary

March

CHEMICALS AND ALLIED PRODUCTS
CHEMICALS
Alcohol:
Denatured—
Consumption (disposed of)
thous. of wine gals.
Production
thous. of wine gals.
Stocks, end of month. .thous. of wine gals_
Ethyl—
Production
thous. of proof gals.
Stocks, warehoused, end of month
thous. of proof gals.
Withdrawn for denaturing
..thous. of proof gals.
Methanol, wood distilled—
CrudeProduction
gallons.
Stocks, total
gallons.
At crude plants
...gallons.
At refineries and in transit
gallons.
RefinedExports
gallons.
Price, vvholesale, N. Y
dolls, per galProduction
gallons.
Shipments
gallons.
Stocks, end of month
gallons.
Methanol, syntheticProduction
.gallons.
Shipments
gallons.
Stocks, end of month
gallons.
Explosives:
Orders, new,.
thous. of lbs_
Production
thous. of Ibs.
Shipments
..thous. of Ibs.
Stocks, end of month
thous. of Ibs.
Sulphur and sulphuric acid:
Sulphur, production (quarterly)..long tons.
Sulphuric acid (104 plants)—
Consumed in prod, of fertilizer .short tons.
Price, wholesale 66°, at works
dolls, per short ton_
Production..
_
_
...short tons.
Purchases—
From fertilizer mfgrs
short tons.
From others
short tons.
Shipments—
To fertilizer mfgrs
short tons.
To others
_.
short tons.

27,976
.37

6,006
6,166
3, 544

5, 976
5,954
3,543

6, 517 i
6, 195 !
3,283 i

6, 157
5, 962
3,036

6,638
3,331

6,436
6, 922
3,807

11,162

13,120

13,111 ;

11,975

12, 363

13, 074

14, 711

16,171 '

14,888

17, 024

10, 541

10, 288

10,491 .

10,436

322, 049
557, 041
520, 865
36,176

247,808
624, 399
494,192
130, 207

182,273
624,543
526,543
98,000

54, 857
.35
211, 073
141, 801
569, 250

52, 048
.35
118, 052
257, 707
429, 595

59,950 !
.35
107,331 I
110,454
426, 472 i

9,610
10,153
9,147
9,476
3, 330 ! 2, 642

12, 430
11,413
1,629

5, 034
5, 225
1, 823

3, 801
3,965
1,987

12, 952

16,037 ! 14,084

14, 002

13, 224

10, 340

15, 885

15, 130

12, 690

5, 870

9, 153 | 12, 574

11,63

13, 076

15, 564

15, 515

19, 350

8, 574

i 154,473
| 609,583
i 452,489
I 157, 094

113, 892
541,30'
395, 90'
145, 400

133, 507
485, 094
378, 991
106, 103

183,851
583, 975
466,975
117,000

206,416
529, 425
| 410,439
! 118,986

61, 240
.35
91, 696
122, 846
395, 322

65, 311

30, 455
.35
56, 519
98, 431
288, 899

80,065 1 37,473
54, 535
36, 653 39, 434
.37
.35
.35
' . 35 !
.35
56,474 ! 87,486 141, 873 148, 731 119, 620
105, 060 : 89, 704 154, 262 102, 452 125, 361
240,313 1 238,095 225, 706 271, 985 266, 244

5,025
4,555
1,517
9,526

6, 265

14, 026
7,335

219, 238 206,739 ! 230,324 295, 359
521, 660 525, 866 429, 718 473, 466
390, 425 294,375 313,985 329, 384
131, 235 231,491 U15,733
144, 082
97, 940
.37
103, 279
76, 458
293, 065

785,164 784,108 654, 472 ! 437, 805 ' 315, 940 663, 216 510, 432 364, 118 327, 556 585, 880 546, 086
514, 119
397, 901 344, 229 429.361 i 283,866 414, 975 699, 380 1,187,529 599, 061 464,315 1 386,883 473, 993 425, 596
2,243,676 2,683,555 2,908,666 |3,062,605 2,963,570 2,927,406 2,250,309 2,015,386 1,878,607 |2,077,604 2,149,697 2,238,220
17,814
16,804
17,795
17,587

28,721
28,280
28, 500
21,436

!
!
|
|

28,441
26,960
27, 379
21,115

26, 970
25, 282
25, 610
18, 151

22, 657
24, 509
24, 035
18, 264

95, 478

78, 615

110, 599

15.50
102, 632

15. 50
106, 751

15. 50
99, 654

25,058
25,068
25,150
20,304

25, 437
24, 548
24,867
19,956

97,981 i 94,218

94, 860

78, 606

15.50
15. 50 ! 15.50
105,250 j 90, 772 j 92, 895

26,719
25,981
26,611
20,404

I
i
!
|

608,730 |
111,939 ! 105,356

15.50

15. 50
116,447

25, 803
26, 598
27, 408
17, 888

18, 648
18, 595
18, 087
18, 712

19, 095
18, 175
16, 148
18, 025

17, 655
18, 064
17, 488
18, 530

95, 681

78, 890

64, 981

15. 50
15.50
108, 782 117, 613

15. 50
104, 573

15.50
88, 333

17, 965
17, 092
17, 154
18, 362

332, 038

539, 231

250, 910

99, 871

15, 424
15, 844

26,555
14,601

25,176 | 14, 709
18,876 | 23, 006

13,412
15, 967

12, 988
9,655

18, 802
14, 553

18, 665 2 14, 644
14, 119
15, 906

15, 865
14, 554

8,795
7,870

5,591
12,606

11,663
32,351 I

14,134 | 16, 771 j 10,799
35,160 | 30,310 i 33,134

13, 355
30, 279

8,512
31,773

10, 699
32, 199

19, 591
28, 311

27, 850
25, 657

19, 133
26, 732

21,817
22, 492

74
89,194
7,690
79, 472
106
59, 970
37, 998
29, 711
3, 339
14, 650

25
89, 409
7,078
80, 670
497
97, 358
24, 730
18, 809
3,768
67, 958

115, 207
7,682
105, 717
383
127, 599
47, 935
35, 367
9,858
65, 043

91
127, 953
7,554
115, 621
n-i r
915
146, 700
70, 022
48, 590
6,175
66, 440

94
94, 416
13, 452
75, 114
300
120, 822
61, 904
33, 968
3,331
50, 071

2. 050

2. 050

21, 597
29, 208

FERTILIZERS
Consumption, Southern States
__thous. of short tons.
Expprts, total
long tons.
Nitrogenous
long tons.
Phosphate materials
long tons.
Prepared fertilizers
long tons.
Imports, total
long tons.
Nitrogenous
long tons.
Nitrate of soda
long tons.
Phosphates
.
long tons.
Potash
long tons.
Price, nitrate of soda, 95 per cent, N. Y.
dolls, per cwt_
Superphosphate, bulk:
Production
short tons.
Shipments.....
short tonsStocks, end of month
short tons.

71,614
11,063
59, 542
149
61,433
42,397
2,675
5,458
10, 501
1.770

1,132
150, 128
25,146
113, 017
1,136
143, 250
102, 342
67, 008
5, 578
30, 206

195
107, 918
6,637
91, 049
734
72,159
46, 602
34, 006
4,832
17, 706

2.050 | 2.050
244,931 ! 224,266
361,841 I 324,772
870, 977 891, 149

2. 050 i

2. 050 !

1. 770 !

66 i
67
81, 703 1 80, 469
3, 284
11, 877
76, 785
59, 213
ai
onn
67
200
77, 849 70, 754
52, 837 51, 670
17, 029
29, 871
5,577
3,884
12, 872 11,998
1. 770 j

172
365
644
79, 242 2 98, 264
75, 732
19, 600 22 32, 114
3,243
58, 200 65, 262 71, 862
oo
1 OO
22
133
I
81
89, 070 2 84,160 ! 100,136
63, 041 2 40,132 i 40, 060
30,114
8,404 !
54
5,517
5,355 i 14, 236
35, 729
16, 268
41, 834
1.770

1. 770

1.770

i

1.770

178, 072 | 195, 589 I 210, 289 173, 271 I 187, 638 i 179, 405 j 230, 684 215, 019 203,676 : 169,618
103, 754 • 112. 665
98, 056 257,133 ! 168, 702 i 93, 033 123, 641 126, 961 183,494 i 378,426
975,974 11,033,036 1,120,819 |1,153,800 11,205,130 11,272,731 1,313,522 1,341,512 1,307,310 1 1,194,270

NAVAL STORES
Pine oil:
Production
gallons. 161,121 219,053 210,012 231, 207 ! 210, 711
Stocks, end of month
gallons. 1,750,720 ,903,340 1,958,237 2,012,847 ! 2,000,497
Rosin, gum:
Price, wholesale "B," N. Y. .dolls, per bbl.
3.20
4.73
4.68 I
4.28
4.70
64, 070
Receipts, net, Sports
bbls. (500Ibs.).
88, 741 120, 819 165, 500 | 156, 810
Stocks, 3 ports, end of month
bbls. (500 Ibs.). 337, 221 310,576 ! 351,548 436, 480 I 439, 241
Rosin, wood:
26, 443
35, 585 ! 33, 593 34, 747 28, 495
Production
bbls. (500 Ibs.)Stocks, end of month
bbls. (500 Ibs.)- 88, 479 128,534 | 124, 830 128, 289 131, 942
Turpentine, gum:
.45
.54
.55
.39
Price, wholesale, N. Y
dolls, per gal.56 !
Receipts, net, 3 ports
..bbls. (50 gals.). 17, 018
26, 102 37, 026 52, 345 53, 459
Stocks, 3 ports, end of month
.bbls. (50 gals.).
68, 947
53, 393 66, 248 101, 905 122,214
Turpentine, wood:
4,415
6,344
5,996 | 5,675 I 4, 370
Production
..bbls. (50 gals.)4, 727 ! 4, 535 ! 5, 307
Stocks, end of monthbbls. (50 gals.).
5, 636
8,383

114, 205 172, 539 176, 973 I 140, 690 169, 695 162, 330 130,046 i 162,253
1,866,368 1,845,125 1,859,713 |1,828,913 1,814,948 1,789,303 1,723,947 I:, 736, 534

3.23 !
29,539 j

3.87
116, 630

3.8
3.98
101,157 ! 95, 642

3.61
93, 980

449, 173

459, 588

465,466 j 497,438

486, 863

17,074
112,295

25, 058
108, 350

23, 242
92, 258

23,196
94,331 I

20,006 i
91, 762 j

26,187
90, 540

.36
37, 112

.37
28, 995

26, 102 i 21, 440
101, 537 I 93,142
i
.40
.36 !
30,849 I 23,147

.39
19, 8^4

.40
5,234

.39 I
3,808

.45
6,190

115,178 i 120,953 j 119,388

112,311

101, 081

3, 733
6,002

3,626
6,392

! 114,421
i

3.30
28, 614

3.94
129, 018

2,607
5,358

3, 797
4, 817 I

3,922 !
5,231 |

3,547
5,143

3.44
31, 705

426, 508 i 383, 354 | 347, 591

73, 640

3, 121
6, 132

4,329
5,835

OILS, FATS, AND ANIMAL
BY-PRODUCTS
Animal fats and by-products (quarterly):
Animal fatsConsumption, factory
thous. of lbs__
Production
thous. of Ibs..
Stocks, end of quarter
thous. of lbs._
Animal glues—
Production
thous. of lbs__
Stocks, end of quarter
thous. of lbs__
2

Re vised.




I

23,357
58, 757 i

176, 221
491, 837
230, 999

173, 389
576, 013
222, 583

161,991
624, 736
276, 508

20, 847
61, 848

21, 548
67, 474

19, 440
68, 836

SUEVEY OF CURRENT BUSINESS

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

1932
April

37

1931
April

May

June

1933

Decem- January FebruOctober NovemAugust September
ary
ber
ber

July

March

CHEMICALS AND ALLIED PRODUCTS—Continued
OILS, FATS, AND ANIMAL
BY-PRODUCTS-Continued

j

Animal fats and by-products— Continued.
Gelatin, edible—
Production
thous of Ibs
Stocks, end of quarter
thous. of lbs_.
GreasesConsumption, factory . thous. of Ibs
Production
thous. of Ibs
Stocks, end of quarter
thous. of Ibs —
Lard compounds and substitutesProduction
thous. of Ibs
Stocks end of quarter
thous of Ibs
Fish oils (quarterly) —
Consumption, factory
thous. of Ibs..
Production
thous. of Ibs
Stocks, end of quarter _
thous. of Ibs
Vegetable oils and products:
Vegetable oils, total —
Consumption, factory (quarterly)
thous. of Ibs
1,245
2,154
2,356
Exports
thous of Ibs
Imports
thous. of lbs._ 61, 660 52, 463 72, 280
Production (quarterly)
thous. of lbs_.
Stocks, end of quarterCrude
thous. of lbs__
Reined
thous. of Ibs
Copra and coconut oils —
Copra—
Consumption, factory (quarterly)
short tons
16, 244
18, 927
17, 871
Imports
short tons
Stocks end of quarter
short tons
Coconut or copra oil —
Consumption, factoryCrude quarterly
thous of Ibs
Refined, total (quarterly)
thous of Ibs
"~8,~466~
In oleomargarine
thous. of lbs_. ""5," 985"
Imports
thous. of lbs__ 16, 090 26) 862 15, 970
Production (quarterly)—
Crude
thous of Ib15
Refined
thous. of Ibs..
Stocks, end of quarterCrude
thous of Ibs
Refined
thous of Ibs
Cottonseed and products:
CottonseedConsumption (crush)
short tons.. 337, 001 157, 477 85, 851
Receipts at mills
short tons_. 155, 469 44, 692 34, 055
Stocks at mills, end of month. .short tons__ 522, 795 97, 374 45, 578
Cottonseed cake and meal —
797
6,588
12, 752
Exports
short tons
Production _
_
short tons 157, 002 77, 626 42, 290
252,
205
224,
282
158,
478
Stocks at mills, end of month.. short tons..
Cottonseed oil, crude—
Production
.thous. of Ibs. 116, 793 52, 002 28, 022
Stocks, end of month
thous. of lbs_. 117, 560 43, 602 33, 056
Cottonseed oil, refinedConsumption, factory (quarterly)
thous of Ibs
1,447
1,200
In oleomargarine
thous. of Ibs.. 1, 245
Price, summer yellow, prime
.069
.035
.076
N. Y
dolls, per Ib._
Production..
__ -thous. of Ibs 112,900 75, 847 36, 753
Stocks, end of month
thous. of lbs_. 704, 598 462, 840 406, 376
Flaxseed and products:
Flaxseed —
827
1,496
Imports, United States
thous. of bush.. 1,551
Minneapolis and Duluth—
309
456
Receipts.. _
thous. of bush
424
314
Shipments
thous. of bush..
784
973
Stocks, end of month
thous. of bush.
Oil millsConsumption, quarterly. thous. of bush..
Stocks, end of quarter
thous. of bush
1.57
1.55
Price, No. 1, Minn..,.
dolls, per bush..
1.35
Production, crop estimate -thous. of bush..
Stocks, Argentina, end of month
6,300
5,118
_ .
thous. of bush
7,874
Linseed cake and meal —
Exports
thous of Ibs
30, 818
38, 172
23, 863
Shipments from Minneapolis
12, 145
8,432
thous. of Ibs
5,082
Linseed oil —
Consumption, factory (quarterly)
... _._ _
thous. of Ibs. """"." 066"
Price, wholesale, N. Y
dolls, per lb_.
. 092
. 088
Production (quarterly) _. --thous. of Ibs
Shipments from Minneapolis
7,525
12, 792
11, 921
thous. of Ibs
Stocks at factory, end of quarter
thous. of lbs_.
Oleomargarine:
Consumption (tax paid withdrawals)
.thous. of Ibs
16, 768
17, 150
15, 460
Price, standard, uncolored, Chicago
.095
.145
.128
dolls per Ib
16,684 2 19,618
14, 902
Production
- .
thous. of Ibs




:.:::::.:
-------

::;:::::

2 Revise,d.

i

4,415
8,647

1,625
6,543

4,574
8,312

5,406
10, 089

51, 941
90, 056
81, 072

49,688
94, 569
91,019

53, 837
87, 148
82, 960

278, 216
25, 140

276, 713
21, 718

306, 559
24, 757

220, 417
26, 465

54, 465
4, 647
262, 106

52, 497
29, 847
247, 638

40, 893
17, 677
237, 933

34,810
6,648
202, 733

55, 715
94, 985
83, 074

588, 168
1,775
75, 470
389, 915

1

1,008
74, 285

1,025
63, 096

517, 909
386, 176

63, 434
17, 179
17, 491

489, 058
455
50, 633
440, 865

1, 814
59, 225

1,070
66, 677

49. 024

20, 207

19) 832
23,795

19, 352

20, 953

53, 860
15, 622
25, 106

139, 128

137, 730

142, 435

78, 348
7,105
31, 000

78 49fi
10, 947
29, 455

78, 039
14, 027
16, 589

6,169
34, 845

81,899
67, 351

9,473
18, 228

:::::::::

206, 123
16,039

61,388
68, 682
201, 036
17 516

13, 859
30, 784

13, 291
25, 186

:::::::::

42, 951
30, 294
32, 921

21,424
13, 287
24, 784

59, 148
94, 569
60, 241

225
21,849
192, 293

1,304
12, 347
146, 888

3, 590
28, 206
106, 358

10, 260
201,517
118,845

39, 829
385, 190
137, 683

56, 060
387, 573
167, 359

14, 175
17,329

7,089
8, 086

17, 196
12, 065

136, 699
69, 745

269, 031
115, 979

242, 191
1,012

876

910

232, 420
1,154

.068
30, 375
349, 276

.069
16,010
277, 837

.059
11, 968
212, 371

1, 150

1,685

789
501
790

378
386
675

7,205
1,198
1.48

1.64

6,163
67, 169

2,461
56, 509

679, 049
525, 448

591, 342
209, 759

18, 012

1,057,325
1,230
56, 748
1,033,007

695, 188
720, 799

1

23,955 1

828, 452
21, 426
62, 669
758, 101

23,805

61, 136
21, 400
25, 837

138, 489
12, 749
19, 376

10, 361
31, 655

64, 327
11,429
20, 909

68, 702
70, 170

77, 887
57, 361

188, 352
14, 800

191, 389
16, 527

451, 324 862, 032 866, 694 718, 769 589, 363
875, 493 1,570,250 1,258,704 549, 170 368, 589
484, 374 1,192,592 1,584,602 1,400,325 1,179,210

530, 078
268, 010
917, 183

512, 469
299, 613
704, 327

38, 563
322, 283
202, 496

23, 187
266, 534
217,666

5,792
237, 056
230, 677

12, 150
230, 261
204, 303

270, 412
144, 485

226, 178
126, 761

185, 977
133, 629

169, 826
130, 375

163, 907
129, 328

1,480

1,457

297, 179
1,530

1,363

1,297

220, 753
1,438

.044
63, 989
173,945

.045
206, 643
231, 079

.047
226, 631
346, 559

.042
225, 951
489, 866

.039
155,577
555,211

.040
161,114
632, 618

.040
136, 804
682, 487

1,339

2,469

1,468

1,234

196

720

1,104

744

2,436
406
747

2,766
786
1, 381

1,452
924
1,422

1,026
1, 159
1,605

316
541
872

197
199
649

119
124
508

141
109
552

1.41

7,610
4,241
1.37

7,112
3,721
1.43
311,018

1.41

1.40

1.40

1.32

1.46

4,921

5,709

4,331

3,346

1,772

1,378

1,969

3,937

5, 394

7, 480

39, 769

53, 225

57, 736

48, 615

49, 027

42, 782

32, 838

20, 563

34, 265

38, 116

7,653

11,414

13, 972

17, 385

14, 354

18, 019

14, 518

9,773

6,528

4,405

70, 504
.076
141, 205

.073

.075

57, 354
.071
130, 479

.067

.065

59, 167
. 067
99V 7cS3

6,806

4,410

4,125

3,152

4,782

4, 440

95, 544
.086
130, 635
6,788

"09l"
6, 285

5,675

78, 200

107, 508

154, 490

5, 126

166, 424

13, 180

9,289

16, 483

19, 499

23, 401

22, 838

22, 831

19, 892

18, 351

17, 703

.110
12, 643

.106
11, 271

.105
16, 075

.119
18, 836

.127
23, 965

.133
22, 138

.134
23, 173

.128
20, 388

.098
17, 232

. 095
18, 973

2 Asof Dec. 1.

38

SURVEY OF CURRENT BUSINESS
1933

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

April

June, 1932

1931
April

May

June

July

August

1932

S

fcerm-

N

October j ™f-

De c m
b £ '

January

F

sr M^

CHEMICALS AND ALLIED PRODUCTS—Continued
PAINTS

;

Paints, varnish, and lacquer products: *
Total sales (588 estab.)
thous. of dolls
Classified (315 estab.)
thous. of dolls
Industrial
thous. o f dolls _ _
Trade
thous. of dolls '•
Unclassified ... - ... -thous. of dolls J
Unclassified (273 estab )
thous. of dolls
Plastic, cold-water paints, and calcimines:
Sales —
|
Calcimines
- - - dollars
Plastic paints
dollars
Cold-water paints
dollars. J
ROOFING
Dry roofing felt:
Production
Stocks end of month
Prepared roofing, shipments:
Total
Grit roll
Shin°'les (all types)
Smooth roll

31,867
21, 689
7, 999
13,477
213

33, 403
22, 600
8, 071
14, 430

10, 178

10, 803

162, 347
91,056
104, 242

18 001
4, 3-»0

28, 587
19, 126
7, 031
12 Oil
84
9 461

22, 606
15. 112
6, 235
8 802
75
7 493

21, 323
14, 242
5, 764
8 392

165, 023
109, 100
105, 963

140 854
74 821

126, 822
51 288

122 137
66 869
72, 789

19 998
4 092

16 795
4' 398

iOO

85,773

83,113

2i,948
14,680 :

5,638 ;
8 956 i
86
7 968

85
7 082

161,743

20,742
13,956

5 370
8 499
86
6 786

145 374

63 924 ;
81,037 :

75 886
65,275

16,492
11,419
4 453
6 915
50
5 074

|

'

13,486 i 15,895
9,555 ! 10,871
>
4 478 '
4 697
! 5 036 :
6 119
!
41 i
'53
3 931 !
5 024

16, 271
11 256
4 626
6 563
67
5 095

19, 382
11 309
4 499
6 810
0
8 072

98 634 i 70 755 '
67 490
40 890 •
52,170 ; 43,492 j

96 574
56 696
52,566

94 199
51 673

118 195
54 922

56,935

68,014

12 098
o' 456

9 181 '
o' 768 :

10 °77
5' 188

12 126
4* 787

983 '
197 :
14 '
571

1 774
' 390
287
1 097

1 761
495
248
1 088

!
short tons ! \ 4, 603
_ short tons '
4,892
thous. squares i
thous squares
thous squares
thous squares <

16 747
4 908

2,202

2 230

533
70°
967

2 OOfJ

2 017

570
695
965

643
843

619
873

59Q

17 143
4 761

18 356 •
4 834 '•
0

i 237

539

597
7 11
6H ( )
1 198

5689
60
1 067

i
j
1
'

16 116
a' 021
9

9

30
' 574
600
1 193

1 765
374
393
998

7 "(35

7 4Q5

;

9

14 03°
4*910
'
i
'
i

i 918
503
311
1 103

ELECTRIC POWER AND GAS
ELECTRIC POWER
Consumption, industrial, for power purposes.
(See Business Indexes.)
Fuel consumed in production of electrical
energy. (See Fuels.)
Production total
mills, of kw. hours
By sourceFuels
mills of kw hours
Water power
mills, of kw. hours..
By type of producer:
Central stations
. .mills, of kw. hours..
Street railways, manufacturing plants, etc.
mills, of kw. hours. _
Sales of electrical energy:
Sales to ultimate consumers, total
(IV E L A.}
mills, of kw. -hours..
Domestic service
mills, of kw.-hours..
Commercial —retail
mills, of kw.-hours _
Commercial — wholesale
mills, of kw. -hours ._
Municipal and street lighting mills of kw .
Railroads—
Electrified steam
mills of kw -hrs
Street and interurban mills, of kw.-hrs
Gross revenue from sales of energy
(Electrical World}. .
thous. of dolls. _
Revenues from ultimate consumers
(N E.L.A.)
thous. of dolls..

2

7 655

2 4 524
2 3, 131

2 7 645
2 4 504
3, 141
2
2

2

7 529

2 4 643
2 2, 886

2 7 772

2 7 630

2

2

o 023
2 2, 749

2
2

5 166
2, 464

2
2

5 343
2, 197

5 706
2' 059

2

7, 160

2

7 540

7 773

2 7 543

2

6 997

7 391

2 5 299
2 2, 107

5 064
2*709

2

4 447
2 3* 096

2
2

4 025
2 979

4 203
3 118

2

7, 198

2 7, 020

2 7, 266

7, 095

7 347

6 995

7 340

2 7 083

6 528

6 894

454

447

509

506

470

445

418

411

433

460

469

497

6, 092
965
1, 143

6,016
902
1, 101

5 919
860
1 075

5, 909
816
1,099

5,968
814
1,097

5,894
883
1,082

5 944
978
1 159

5 831
1,082
1 174

5 893
1,160
1 204

5 872
1,257
1 242

5 642
1,122
1 164

5 478
1,043
1 094

3,325
185

3,396
157

3 387
149

3,402
155

3,452
172

3,311
193

3 134
'207

2 905
218

2 793
232

2 630
247

2 654
229

2 629
209

49
392

47
376

45
356

45
352

42
350

41
345

48
375

46
367

49
406

48
404

46
384

48
413

176, 210

171, 550

168, 510

187, 190

167, 380

171,930

178, 630

180, 610

184, 870

188, 010

175, 110

168, 280

164, 894

160, 238

156, 575

154, 232

154, 162

156, 913

163, 424

167, 529

170, 723

175, 685

165 421

157, 727

8,901
8, 444
45
406
30, 731
21, 004
2,150

8,904
8,447
41
410
29, 865
21, 230
1, 233

8 965
8,510
39
410
28, 310
20 775
515

8,912
8,466
37
404
24, 741
18, 321
191

8,911
8,466
34
404
23, 527
17, 427
133

8,938
8,492
37
404
25, 985
19, 590
167

8 910
8,446
45
411
27, 820
20 873
532

8,888
8,420
48
413
28, 527
20, 526
1,344

8 828
8,358
50
414
29, 339
20 396
2,236

8 808
8,329
52
422
30, 708
20 982
2,861

8 790
8,315
51
421
29, 360
19 536
2,899

8 763
8,294
51
412
30, 661
20 539
3, 186

7,268

2 7, 201

GAS
Manufactured gas (150 companies) :
Customers total
thousands
Domestic
.
thousands. _
House heating
thousands
Industrial and commercial- ..thousands..
Sales to consumers .
millions of cu. ft _
Domestic
millions of cu. ft
House heating
_ .millions of cu. ft._
Industrial and commercial
millions of cu. ft
Revenues from sales to consumers
thous. of dolls
Domestic
thous. of dolls. _
House heating
.thous. of dolls _
Industrial and commercial thous. of dolls _
Natural gas (125 companies):
Customers, total
_ . _. thousands. _
Domestic
thousands
Industrial and commercial
thousands
Sales to consumers
millions of cu. ft..
Domestic
millions of cu. ft
Industrial and commercial
. _ .millions of cu. ft. _
Revenues, from sales to consumers
thous. of dolls _.
Domestic
thous of dolls
Industrial and commercial thous. of dolls




6 906

6, 122

5,843

6,087

6 241

6,490

6 507

6,690

6 747

6 774

32, 356
24, 295
1, 646
6,307

31, 827
30, 654
24, 536
24, 236
1,007 '
440
6,179
5, 881

27, 337
21, 753
176
5,307

26, 046
20, 747
131
5,071

28, 681
23, 133
160
5, 281

30, 195
24, 291
447
5, 335

30, 331
23, 611
1,055
5,534

30, 602
23, 299
1,650
5,524

31, 936
24, 092
2,054
5,670

30 414
22, 514
2 052
5,710

31, 660
23, 590
2,210
5,763

4,338
4, 122
215
52, 568
26, 940

4,345
4, 302
4, 128
4 093
215
207
43, 340 1 36, 821
21, 142 i 15, 232

4,273
4,068
203
32, 834
10, 876

4,258
4,057
200
31, 661 1
10, 086 i

4,268
4,068
199
33, 823
11, 185

4,272
4,072
199
37, 628
13, 662

4.312
4, 105
205
43, 908
19, 924

4,315
4 103
211
52, 024
27, 647

4,324
4 110
213
54, 805
30, 940

4,348
4 123
224
52, 226
29 278

4,323
4 100
222
51, 739
29 051

25, 269

21, 824 | 21, 252 i 21, 573

21, 205

22, 200

23, 538

23, 593

23, 733

23, 451

22, 503

22, 182

24, 225
17, 850
6, 319

20, 108 ! 16, 159
14, 697
11, 251
5, 365 i 4, 867

12, 813 i 13, 490
8,205 : 8, 792
4,553 : 4, 647

15, 276
10, 349
4,876

19, 250
14, 006
5,153

24, 404
18, 757
5, 579

26, 441
20, 623
5,754

25, 853
19 975
5,779

24, 889
19 104
5,689

7,434

13, 482
8,679
4,763

*Since March, 1932, detailed figures are not strictly comparable owing to changes in firms reporting.

2 Revised.

SURVEY OF CURRENT BUSINESS

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

1932

39
1933

1931

April

April

May

Juno

July

August

Novem- 1 Decem- January
j£ - October
ber
ber

Se

m

F

^™-

March

FOODSTUFFS AND TOBACCO
DAIRY PRODUCTS
Butter:
Consumption, apparent
thous. of Ibs
Price, N.Y., wholesale (92 score) -dolls, per l b _ _
Production (factory)
thous of Ibs
Receipts, 5 markets
thous. of lbs._
Stocks, cold storage, creamery, end of month
thous. of lbs__
Cheese:
Consumption, apparent
thous. of Ibs..
Imports
_
-thous. of Ibs.
Price, No. 1 Amer. N. Y
dolls. p e r l b . _
Production (factory)
thous. of lbs._
American whole milk
thous. of Ibs..
Receipts 5 markets
thous. of Ibs
Stocks, cold storage, end of month
thous. of Ibs
American whole milk .
thous. of Ibs.
Milk:
Condensed and evaporated —
Production, total—
_thous. of lbs_.
Condensed, total
thous. of Ibs
Evaporated, total*
...thous. of lbs_Exports, total
thous. of lbs_.
Condensed
.
thous. of Ibs
Evaporated
thous of Ibs
Prices, wholesale, N. Y. —
Condensed
dolls, per case-Evaporated
dolls, per case..
Stocks, manufacturers, end of month,
total..thous. of lbs_.
Condensed—
Bulk goods__
thous. of lbs_.
Case goods
thous. 01 Ibs..
EvaporatedCase goods
-.
thous. of lbs_.
Fluid milkConsumption in oleomargarine
thous of Ibs
Production, Minn, and St. Paul
thous. of lbs._
Receipts—
Boston, incl. cream
thous. qts__
Greater New Y o r k _ _
-thous. qts._
Powdered milkExports
thous. of Ibs
Orders, net, new
thous. of Ibs..
Stocks, mfgrs. end of mo. -thous. of lbs__

176, 700
.20
135 822
49,915

171 991
.31
121 054
47, 194

157, 136
.24
119 324
48, 895

26, 643

186 041
.26
143 052
53, 566

220 758
.24
177 544
61,813

207 978
.23
190 278
74, 154

197 659
.25
158 126
58, 522

203 731
.28
136 769
45, 588

189 483
.33
118 202
42, 863

187 114
.34
121 052
43, 857

10, 350

17, 195

35, 155

89, 172

115,121

104,678

80,152

56, 229

42, 242

44, 258
5, 280
.12

"28," 685
10 764

49, 705
6, 471
. 15
2 43, 622
32, 865
11 445

57, 266
5,856
.14
54,316
42, 787
12 145

51, 689
5, 121
.14
63, 725
50, 698
17 480

45, 394
3, 413
.15
53, 255
41,871
la 190

47, 078
4,389
.16
45. 127
34, 023
14,264

47. 384
5, 515
.17
38, 993
28, 332
11 949

50, 202
7, 179
.16
41,480
29, 218
13 588

42, ,51-9
6 057
.15
33, 424
22, 849
10 569

50 704
38,917

2 57 422
40, 542

55 939
42. 461

7? 977
58, 144

84 003
68 532

86 418
68, 874

83 4?6
65, 802

81 743
63 968

78 565
60' 583

161, 324
21, 476
139,848
4, 376
1, 169
3 ?07

195, 021
24, 468
170, 553
7, 164
1JR53
5 311

242, 688
30 525
212, 163
7,087
1,973
5 114

232, 3S9
27 348
205, 041
6, 396
1 372
5 024

174, 207
22 286
151,921
7, 754
1 869
5 892

137,085
21,541
115,544
5, 943
1 , 477
4 466

119,741
20 826
98,915
4,968
1 309
3 659

139, 197
24 ?63
114,934
4,790
1 180
3 610

115,920
18 274
97^ 646
5, 683
1 443
4 "40

4, 75
2.75

5. 65
3. 50

5. 65
3.30

5.65
3.20

5. 65
3.10

5.00
3.00

4.75
3.00

4.75
3.00

4.75
3.00

4.75
3.00

134,727

206, 031

269, 794

318, 270

316, 223

219, 250

167, 764

157,061

163, 552

7, 529
9, 532

15, 887
12, 390

19, 163
19, 892

18, 992
23 998

16, 221
24 071

15,001
22, 504

11,007
20 349

10,032
17 264

117,666

177, 754

230, 739

275 280

275 931

181,745

136 408

129 802

4 107

o
9,985
23,465

160 638
112 002
44, 925

1 56, 087
.22
117 6*4
49, 071

170 544
.23
127 268
50, 140

22, 506

15, 243

9, 034

38,014
2 35, 275
3, 739
5, 195
.14
.14
26, 860
26. 725
017
18, 735 2 21,
I 1 , 361
9 301

42,174
3, 580
.13
28,481
21,732
12, 075

45,072
4, 768
.13
33, 744
26,514
11,760

65 728
49, 406

55, 568
41,712

73 289
55 775

2

54 021
36, 782

116,379 2114,038 2117,618
1 7, 260
18,599
17 763
98,616 2 95, 440 2 100, 358
5, 468
6,812
5, 600
1,404
2,310
1 233
4,064
4 502
4 367

134, 226
17 200
117, 026
5, 149
922
4 227

4. 75
2.98

4. 75
2. 98

4.75
2.80

152, 446

145, 303

132, 257

115,889

8,607
15 130

7,929
12 506

8, 275
9 145

7,931
7,467

6,928
7,573

139 844

132 Oil

127 883

116,859

101, 388
4 671

5 387

3 791

3 432

2 943

4 199

4 849

6 142

5 625

5 948

5 106

4, 265

32, 654

36, 244

33 978

27 436

24, 012

21 751

25 224

26 854

31 732

7,820

7,883

19, 877
117,399

21 , 023
124,180

21 021
124, 491

21 615
127, 988

20, 545
122, 447

19 598
122, 776

19 558
121, 940

18 529
116, 628

19 028
118, 763

19 267
120, 474

18, 337
113,126

1 414
12, 145
40, 502

1 369
11,047
43, 148

1 085
11,109
42, 628

964
11,816
38, 216

1 047
11,062
35, 922

854
14, 331
26,711

970
9,914
23, 572

712
8,494
23, 305

725
8,486
24, 198

261
8,126
25, 969

251
7,973
25, 546

3 096

2 071

1 217

3 220

2 035

13 037

31 470

14 516

3211 506
7 247

8 149

8 197

6 396

1, 509
16, 608
2 475

577
16, 513
3 762

137
11,076
2 169

62
9,856
1 714

81
6,144
2 344

2,143
5, 896
4 013

10, 705
9, 493
4 078

11,399 2 10, 041
15,614
13, 439
2 318
2 198

7,807
12, 270
2 120

5,419
13, 680
1 503

2 3, 243
16, 672
838

2

20, 247
121,809
279
2 10, 239
24, 576

2

FRUITS AND VEGETABLES
Exports, fruits and preparations. (See Foreign trade.)
Apples:
Production, crop estimate. . thous. of bush..
Shipments, car-lot
carloads
3 728
Stocks, cold storage, end of month
thous. of bbls_.
1,742
Citrus, fruit, car-lot shipments
carloads.. 13, 709
Onions car-lot shipments
_ carloads
2 552
Potatoes:
Price white, N. Y .
dolls, per 100 Ibs
1 195
Production, crop estimate. ..thous. of bush..
Shiprnents car-lot
carloads
21 144

2 059

1 740

1 467

1 372

1 250

1 015

965

1 049

1 181

1 347

24 078

27 272

OQ 38Q

11 968

17 701

24 760

14 419

1 142
3 376,248
13 138

1 198

21 461

17 465

18 638

24 581

12, 922

8,118

11,224

13, 161

18, 750

13, 439

13, 124

17, 296

14, 999

12, 578

8,411

8, 353

8,993

212
51

776
48

896
45

807
39

678
42

1,014
45

717
50

768
50

234
51

129
51

113
52

188
53

2,512

2,446
5,662

2,523
4,626

2, 193
4, 126

1,801
3,449

5,088
4,089

5, 152
4, 138

5 406
4,770

276
51
3 198 965
2 344
2 005
4,226
4,963

1,653
4,030

1, 715
3,536

2,496
2,857

511

206
5 492

151
5 580

123
5 738

556
5 168

201
4 665

165
5 912

256
6 318

508
6 348

120
4 630

177
5 130

291
5 344

220
5 045

.34
.32

.53
.58

. 52
.56

.52
.59

53
.58

.45
.49

46
.44

40
.39

46
.43

39
.37

.36
.35

34
.33
10, 914

GRAINS
Exports, principal grains, including flour and
meal
thous. of bush__
Barley:
Exports, including malt
thous. of bush. _
Price, No. 2, Minn
dolls, per bush
Production, crop estimate
thous. of bush-Receipts, principal markets. thous. of bush..
Visible supply, end of month _ thous. of bush. _
Corn:
Exports, including meal
thous. of bush.Grindings
__
.thous. of bush. _
Prices, wholesale —
No. 3, yellow (Kansas City)
.. _ .. -..
..dolls, per bush
No. 3, white (Chicago)
dolls, per bush..
Production, crop estimate ._ thous. of bush. _
Receipts, principal markets. thous. of bush..
Shipments, principal markets
_ thous. of bush. .
Visible supply, end of month
thous. of bush.
Oats:
Exports, including oatmeal _ _ thous. of bush...
Price, No. 3, white, Chicago-dolls, per bush..
Production, crop estimate
thous. of bush-Receipts, principal markets. thous. of bush. _
Visible supply, end of month thous. of bush..
Rice:
Exports.
.pockets (100 Ibs.)..
Imports
pockets (100 Ibs )
Price, wholesale, head, clean, New Orleans
dolls, per lb_.
Production, crop estimate thous. of bush..
2

Revised.




39
.38
32,556,863
11, 741
10, 767

9,941

17, 102

11,381

13, 417

16, 152

11, 320

8,447

14,414

10, 421

13, 561

5 836

14 246

14 855

10 589

8 955

6 561

6 364

7 ^11

4 884

4 346

3 603

2 921

2 916

23 199

19 676

12 286

7 785

8 536

8 271

5 5^2

7 364

10 079

13 192

14 736

18 999

23 451

142
.23

179
.30

192
.28

374
.27

253
.23

429
.21

627
.22

857
.23

850
.26

5,432
13, 506

7,604
13, 837

5, 294
9,892

4,748
7,654

5, 749
7,785

12, 903
15, 577

7,398
17, 468

7,090
18, 605

357, 561
23 886

203, 519
38 748

260, 949
50 472

239, 358
10 009

100 899
5 443

108 181
4 475

87 630
3 756

.022

.033

.033

.032

.030

.028

3 As of Dec. 1.

. 033

133
.25

89
.24

149
22

4,532
17, 863

255
.25
l 112 142
4,028
16, 710

4,545
16,846

5, 721
17, 808

4,543
15, 523

322 302
9 397

380 658
11 859

193 200
34 081

148 002
32 111

203 622
15 663

263 495
26 565

.026

.028

.030
3 45, 014

.029

.027

.029

:i

* Bulk evaporated milk not included since December,

SURVEY OF CURRENT BUSINESS

40
Earlier data, together with explanatory
footnotes, may be found in the 1932
Annual Supplement to the Survey

1933
April

June, 1932

1931
April

May

Jane

July

1932

| August | ft£ - October November
Se

m

D(

Febm

N aru
ary - ij -Varc-b
- -

£f-j January

FOODSTUFFS AND TOBACCO—Continued
GRAINS— Continued
Rice— Continued.
Receipts, southern paddy, at mills
...thous. of bbls. (162 lbs.)__
Shipments to mills, total
. ..thous. of pockets (100 lbs.)_.
New Orleans.. thous. of pockets (lOOlbs.)..
Stocks, domestic, end of month
_
thous. of pockets (100 Ibs.) ..

i

544

566

520

323

172

382

765
77

780
69

617
89

601
76

404
37

427
78

1, 788

1,388

1,293

1,051

848

683

3
.35

29
.36

15
.37

10
.37

14
.38

27 !
.39 !

880
9,262

1, 035
8,540

862
8,730

472
8,687

1,137
8,267

1,311 !
8, 922 !

1,213
9, 186

6,954
3,531

9, 956
6,406

11,842
8,136

17, 253
12,731

11, 781
8,901

.79

.81

.74

.61

.65

.69 |

.80
.73

.79
.73

.72
.68

.48
.44

.47
.43

.47 i
.43

. 75

.76

.67

.47

.51

.56 :

.58

280
Exports, including flour thous. of bush..
.45
Price, No. 2, Minneapolis.. -dolls, per bush..
Production crop estimate ..thous. of bush..
Receipts principal markets thous. of bush
Visible supply end of month thous of bush
Wheat:
ExportsWheat,
including flour thous. of bush.. 11, 777
9,354
W r beat only
thous. of bush..
Value, wheat and flour. (See Foreign
Trade.)
Prices, wholesaleNo. 1, northern, spring, Minn.
.71
dolls, per bush..
No. 2, red, winter, St. Louis
.57
dolls, per bush..
.53
No. 2, hard", winter, K. C. dolls, per bush..
Weighted average, 6 markets, all grades
.60
dolls, per bush..
Production, crop estimate, total
. -thous. of bush..
Spring wheat
thous. of bush..
Winter wheat
- -thous. of bush..
Receipts
thous. of bush.. 13, 198
Shipments
thous. of bush.. 13, 221
Stocks, visible supply, world-thous. of bush..
Canada
- thous. of bush. . 165, 533
United states
thous. of bush.. 182, 757
Stocks, held by mills (quarterly)
thous. of bush..
Wheat flour:
Consumption (computed) — thous. of bbls..
539"
Exports
thous. of bbls..
Grinding of wheat
thous. of bush.. 37, 569
Prices, wholesale4.49
Standard Patents. Minn.. .dolls, per bbl._
W inter, straights, Kansas City
3.08
dolls, per bbl..
Production —
8,198
Flour, actual (Census)
thous. of bbls..
Flour, prorated, total (Russell's)
thous. of bbls._
Offal
thous. of lbs_. '660,~i32~
50
Operations per cent of total capacityStocks, total,' end of month (computed)
thous. of bbls__
Held by mills (quarterly) . .thous. of bbls..

21, 230
16, 601
531, 400
160, 750
199, 561

30, 863
24, 061
480, 000
136, 856
197, 563

29, 656
30, 385
443, 400
122, 318
190, 702

!

104, 047
65, 987
462, 700
116,462
217, 526

61, 463
45, 747
500, 000
101, 306
242, 846

1,455
875
139 |

1,305

38,877
28,325
500, 400
122, 199
239,431

734 I

1,396
200

1,216
136

758
79

720
57

837
99

1,805

2,051

1,987

1,906

1,855 I

1,862

9
.41

27
.51

3
.45
3 32, 746
751
401
9,131
9,025

10
.46

8 ;
.46

1
.47

378
8,934

580
8,909

566
9,250

13, 380
9,519

11,924
7,896

7,962
4,074

7,852
4,649

8.435
5, 749

.71

.80

.73

.75

.75

.70

.52
.48

.62
.59

.57
.52

.57
.53

. 57
.54

. 55
'1

.69

.60

.61

.59

.58

26, 405
29, 470
541, 400
189, 675
230, 147

2892,271
3
104, 806
3 787, 465
13, 766
15, 470
608, 900
191, 180
220, 521

!

812
859
102

(

17, 072
11, 005
631, 600
187,974
211, 873

25, 000
11,537
612, 100
180, 966
210, 147

129, 994

13,412
9,562
595, 000
181. 445
202, 383
95, 119

!
:

10,462
785
47,463

9,334
858
45, 230

9,393
895
37, 157

7,604
864
37, 290

7,612
712
35, 130

4,21

4.24 '

4.28

4.84

4.51

4.59

4.61

4.37

2.96

2.96

3.10

3.03

3.22

3.40

3.30

3.09

9,735 i 10,399

9,890

8,148

8,180

7,C92

28,483

10,611 ! 11,112
781,318 ! 828,114
61 i
60

10, 167
789, 737
65

8,890
645,812
49

8,788
645, 881
49

8,084
610,366
51

8,913
2671,853
50

6,000

5,975

4,577
4,126

5,120

4,880

4,900
3,918

1,194

1,020

» 1,080

1,098

955

M,OI5

9, 843
640
44,412

4.85

4.75

4.13

4.14

4.12

3. 16

8,494

8,015

7,763

9, 852

9,658

9,134
702, 189
51

8,739
663, 303
50

7,981
647, 400
47

9, 847
802, 424
59

10, 614
785, 106
58

5,618

4,857

4,800
2,830

6,000

6,131

6,135 j
3,532 \

1,043

1,067

4.02

569

32,658
; 26,851
; 529, 100
1 161, 912
j 231,049

6, 666
824
35, 893

4.71

632

11,588 : 15,406
8,397
11,873

7,642
1,005
45, 362

8,711
789
36,946

1,408

139,002

38, 771

8,281
761
239,126

1,810

9,898
709
44,569

8,296
597
238,669

LIVESTOCK AND MEATS
Total meats:
1,035
1,004
Consumption, apparent
mills, of lbs_.
1,012
1,060
1,045
Exports, value of meats and fats. (See Foreign Trade.)
Production (inspected slaughter)
mills, of lbs._
1,083
1,096
1,078
1,053
999
Stocks, cold storage, end of month total
1,010
_ . mills, of Ibs.
1,062
1,100
1,014
946
Miscellaneous meats
thous. of lbs._ 60, 017 81,359
79,331
75, 469
69, 026
Cattle and beef:
Beef and veal —
Consumption, apparent
thous. of lbs__ 386, 446 421,212 424, 174 404, 731 416, 732
926
981
1,468
1,497
1,573
Exports
thous. of lbs_.
Prices, wholesale—
Beef, fresh native steers, Chicago
dolls, per lb_.
.128
.160
.143
.129
.129
Production, inspected slaughter
thous. of Ibs. . 379, 758 412, 757 419,124 400, 529 411,952
Stocks, cold storage, end of month
thous. of Ibs.. 41,192 53, 150 49,448 45, 548 41,055
Cattle and calvesMovement, primary markets1,376
1,617
1,551
1,539
1,488
Receipts
thous. of animals..
879
1,036
979
969
Slaughter local
thous. of animals 930
Slaughter, inspected. (See Leather and
leather products.)
496
581
562
552
562
Shipments, total
thous. of animals. _
138
175
153
112
124
Stocker and feeder
thous. of ammals.Price, wholesale, cattle, corn fed, Chicago
7.51
8.56
7.68
7.32
.dolls, per 100 Ibs .
7.25
Hogs and products:
HogsHog movement, primary markets2,960
3, 067
2,938
2,854
2,511
Receipts
thous. of animals
1,983
1,841
1,773
Slaughter local
thous. of animals. . 2,024
1,474 i
Slaughter, inspected. (See Leather and
leather products.)
1,072
941
1,088
1,099
1,039
Shipments, total
thous. of animals..
33
37 i
28
36
36
Stocker and feeder.-thous. of animals ._
7.08
6.39
6.24 I
6.40
Price, heavy, Chicago. . .dolls, per 100 lbs._ 3.75
2
Revised.




1,125

1,085

1,352

1,301

1,183

1,052

798
66, 334

638 j
506
56,881 I 48,744

523
50, 664

736
65, 579

876
69, 249

1,035
76, 368

1,011
65,901

432,312
1,837

404,928 1 449,043
2,077
1,604

343, 245
1,189

379,927
1,046

380, 079
1,202

340, 516
883

2372,060
902

964 !

946

.144

.148

.156

.164

.157

.145

.130

.130

430, 595

400,751

446,798

349, 598

393, 399

377, 068

339,915

366,403

35,171 1 34,407

39, 158

53, 199

51,285

51,107

46,346

39, 050

1,821
1,007

1,797 !
961

2,137
1,033

1,866
905

1,453
908

1,376
876

1,281
841

1,377
886

758
261

861 i
381

1,100
581

905
487

608
246

478
130

427
110

483
125

8.62

8.66 i

9.25

10.20

9.34

8.97

7.98

7.61

2,454
1,398

2,727 1
1,663

3,462
2,142

3, 752
2,297

4,210
2,806

4,218
2,707

3,659
2,464

2,939
1,968

1,045
49
6.35

1,062 i
55 !
5.71 i

1,324
72
5.41 i

1,427
62
4. 64.

1,426
40
4.22

1,510
35
3.91 i

1,188

969
30
4.22

3

As of Dec. 1.

;

37

3.77

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

SURVEY OF CURRENT BUSINESS
1932
April

41

1931
April

May

June

July

1932

SeptemAugust
October
ber

Decem- January FebruNo v m
b er "
bar
ary

March

FOODSTUFFS AND TOBACCO—Continued
LIVESTOCK AND MEATS— Continued
Hogs and products— Continued.
Pork, including lard—
Consumption, apparent
thous. of lbs._
Exports, total
thous. of lbs_.
Lard
.
. _. _ thous. of Ibs .
Prices—
Harns, smoked, Chicago
dolls, per lb._
Lard, prime contract, N. Y. .dolls, per lb__
Production, inspected slaughter, total
thous. of lbs_.
Lard
thous of Ibs
Stocks, cold storage, end of mo.
thous of Ibs
Fresh and cured
thous. of lbs__
Lard
thous. oflbs..
Sheep and lamb:
Lamb and muttonConsumption, apparent
thous. of lbs._
Production, inspected slaughter
thous. of IbS-.
Stocks, cold storage, end of mo
thous. oflbs_.
Sheep and lamb 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
dolls, per 100 Ibs
Lambs, Chicago
dolls, per 100 lbs._
Poultry and eggs:
EggsReceipt?, 5 markets
thous. of cases..
Stocks, cold storage, end of month —
Case
thous. of cases.Frozen
thous of Ibs Poultry—
Receipts 5 markets
thous of Ibs
Stocks, cold storage, end of mo.
thous. of Ibs .

589, 018
45, 955
36, 014

523, 963
59, 406
44, 769

581, 193
55, 557
39, 623

585,123
53, 226
37, 786

540, 219
49,193
33, 824

551, 988
48, 032
34, 510

.142
.048

.184
.090

.182
.082

.174
.083

.173
.082

.185
.075

.186
.075

644, 271
129,091

624, 301
129, 090

604, 427
126, 323

597, 185
123, 263

532, 757
109, 265

457, 103
91, 680

502, 673
97, 114

907, 586
796, 862
110, 724

963, 217
867, 524
95, 693

931, 117
827, 751
103, 366

890, 212
774, 651
115, 561

833, 737
711,811
121, 926

691,110
595, 063
96, 047

544,183
474, 887
69, 296

59, 071

59, 095

54, 563

55, 333

54, 679

58, 351

58,876

58, 579

54, 433

55, 678

53, 947

58, 466

1, 039

2,529

2, 371

2,685

1,892

2,412
1,269

2,713
1,328

2,810
1,464

2,587
1,384

1,155
143

1,304
189

1,353
176

2.75
5.81

3.29
8.76

2.44
8.36

1,917

2,478

2,236

1,862

1,180

1, 053

2,980
81, 986

5, 162
9], 517

7,887
106, 607

9,507
113, 513

9,504
114, 709

9, 016
110,271

601, 367 | 679,011 | 620,021 639, 966
48, 550 56,134 I 48, 224 75, 954
37, 790 43,547 j 35,205 65, 598
.182
.080 i

653, 596 558, 845
69, 020
75, 728
59,854 j 66,674

2

585, 935
51, 659
43,200

.172
.071

.153
.060

611, 172 i 678, 452
116,124 j 125, 859

174, 090

60, 792

66,436 j 56,499

59, 683

64,275 I 55,997

60,754

66,546 | 56,545

60, 047

63,934 ! 55,851

1,975 '

1, 908

1,975 | 1,985

2,318

1,947 i

1,784

2,535
1,342

3,270
1,474

3,900
1,461

3, 956
1,487

2,811
1, 281

2,182
1,305

2,363
1,381

2,035
1,233

2,115
1,185

1, 214
289

1,191
243

1, 734
'718

2, 455 i
1,104

2, 471
1, 181

1, 520
655

919 i
182 |

988
124

796
80

922
77

1.55
6.98

2.56
6.06

1.98
5.95

1.63
5.94

2.00
4.98

2.00 !
4.89 i

2.06
5.09

2.98
5.38

3.25
5.79

1,090 j

1, 435

258 j
68,024 i

689
68,870

20, 530 !

19,169

.138
.055

.147
.052

.144
.051

860, 315 786, 802 629, 420
171, 331 164,152 130,158
i
420,661 ! 431,387 614,530 i 753, 581 2 905, 320 2 897,832
380,895 | 396,563 563,306 674, 151 2812,459 2 792,197
51, 224 ! 78, 430 92, 861 2 105, 635
39,766 i 34.824

1.63 !
5.70 !

943 |

578

652 I

7, 960 ! 5, 745 < 3. 447
103,302 I 94,816 j 86,407

1,475 i
79, 198 i

936 i

15, 499

17, 443

17, 252

22,164

24,871

28, 655

32, 409 | 30, 377 j 64, 731 76,149 j 25. 197

56, 586

45, 920

35, 348

32, 762

36, 438

43, 056

56,215

15,971
. 0445

20, 242
. 0535

22, 520
.0494

.0563

17,746
.0581

13, 546
.0525

14,104
. 0463

16, 020

33, 864

11, 720

11, 870

7,783

4,355

6, 663

7.256 ! 23,080

1,315
803
793
.077
1,762

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

1. 333
643
1,415
.061
1, 755

1,504
760
1, 037
.068
1,535

1,161
530
1,100
.063
1,462

1,216
592
884
.056
1,495

1,263
711
794
.056
1,533

1,485
805
907
.058
1,711

36, 138

30, 474

29, 153

30,662

32,865

5, 556
937

6,136
1,088

6,286
1,345

6,990
1,491

6,944
1,592

244, 391
234, 461
3,. 202

94, 865
238, 872
3,738

137, 205
118,514
3,547

148, 624 203, 030
93, 548 119.664
3, 364
2, 940

215,110
126, 016
2,557

160,992 I 134,336 j 146,102
109,613 ! 97,725 | 101, 278
2,322
2,130 ! 1,931

156, 714
101, 544
1,740

298, 362

403, 337

332, 556

383, 157

469, 609

376,. 715

414,066

.026

.033

.032

.035

.035

196, 949
312, 857
514, 273

180, 100
280, 025
445, 535

161,260
191, 499
463, 730

143, 382
239, 085
400, 567

148,636
324,849
367, 252

135,228
397, 042
429, 229

3,178
.048
.039
55, 679
37, 132

5,332
.050
.044
65, 633
43, 880

3,338
.050
.043
57, 670
32, 632

4,329
.050
.044
78, 583
35, 030

3,952
.051
.046
98, 879
36, 481

3,896
.053
.046
76, 412
37,116

5,774

6,184

4,135

6,953

6,578

7,977

.185

.225

.225

.225

.225

23, 716

22, 783

11,816

17,187

30, 949
290, 114

24, 599
383, 975

28, 626
523,845

28. 095

31. 283

48, 350

65,668 ! 89,971

116, 700 | 111, 554

8, 288
.0494

16, 641
. 0432

2

56, 574
56, 040

2

1, 222

96, 422 ! 2 74,660

THOPICAL PRODUCTS
Cocoa:
Imports
long tons
Price, spot, Accra, N. Y
dolls, per lb._
Shipments, Gold Coast and Nigeria
_
long tons. .
Coffee:
Clearances from Brazil, total. thous. of bags..
To United States
thous. of bags..
Imports into United States—thous. of bags..
Price, Rio No 7, N. Y
dolls, per Ib
Receipts at ports, Brazil
thous. of bags..
Stocks, world total, incl. interior of Brazil
..thous. of bags _
Visible supply, total excl. interior of Brazil
thous of bags
United States
thous. of bags
Sugar:
Raw sugarCuban movementExports
long tons..
Receipts at Cuban ports
long tons..
Stocks total end of month. thous. long tons.
United StatesMeltings, 8 ports
_ long tons
Price, wholesale, 96° centrifugal, New
York
dolls, per lb._
Receipts —
From Hawaii and Pto. Rico.long tons..
Imports.
long tons
Stocks at refineries, end of mo. long tons..
Refined sugar:
Exports, including maple
long tons
Price, retail, gran. N. Y
dolls, per lb_.
Price, wholesale, gran. N. Y__dolls. perlb_.
Shipments, 2 ports
long tons. .
Stocks, end of month, 2 ports. . .long tons..
Tea:
Imports
thous. of Ibs. .
Price, wholesale, Formosa, fine, N. Y.
dolls, per lb_.

6,724
1,395

8,152
.0475

1,529
870
936
.063
2,319

34,493 I 35,046 j 36,093

6, 493
1,555

.034 j

6,127
1,510

6,322
1, 299

328,310 | 231,746

29,285 i
.0422 i

44,588 j 52,105 i 49,330

1,507 i
818 |
1,203 |
.070 j
2,138 i

25, 614

1,097
646
1,149
. 072
1, 769

1,098
622
1,220
.073
1,721

37,246 j 37,260 j 37,115 '

37,159

6,419 I
1,387 |

1,270
823
1,220
.071
1,580

6,244
1,359

5,852
1,340

5,620
1, 219

18, 242
88, 595
1,799

25, 111
263, 549
2,522

97, 589
491, 685
3,422

283,570 I 246,324 ; 267,038

345, 753

.034

.034

.028

126,970 j 82,063
202, 564 186,928
321, 815 245,694

53, 741
135, 308
187, 552

39,191 i 93,141 i 172, 792 i 184, 041
177, 460 ! 196,150 264, 675 i 330,891
181,363 j 182,257 j 263,659 I 396, 514

4,365
.052
.045
60, 502
41,171

4,304
3,598
.052 !
.052
.045 i
.044
48,208 i 41, 538
34, 486
33,047

2,607
.051
.042
51, 378
31, 220

7,813

7,748

.225

.217

25,065 I 25,877 j 24,686

25, 203

10,271

.225

.225 I

MISCELLANEOUS PRODUCTS
Candy sales by manufacturers... thous. of dolls.. 16, 340
Fish:
Landings, fresh fish, principal ports
thous of Ibs
26, 301
Salmon, canned, shipments
cases. .
Stocks, total, cold storage, 15th of month
_
thous. of Ibs. _ 26. 061 1
2

Revised.




16,578

33, 612 28,439 ! 24,947
902, 319 631,651 | 539,277
57, 518

20,808
429,818

14,155
433,132

68,083 | 73, 018 I 74, 725 72, 362

15,749
444,588

20,318
484,335 I
!
64,478 ! 50,661 j

31,888
35,534

SURVEY OF CURRENT BUSINESS

42
Earlier data, together with explanatory
footnotes, may be found in the 1932
Annual Supplement to the Survey

1931

1932
April

June, 1932

April

May

June

July

1932

|

Septem- October Novem- »-?- | January ~ March
ber
ber

August

FOODSTUFFS AND TOBACCO—Continued
TOBACCO
Leaf:
Exports
_ _
_
thous. of Ibs.
32 875
Imports, unmanufactured 3
thous. of lbs_.
6,340
Production, crop estimate
thous. of Ibs
Stocks, total, including imported types
(quarterly)
mills, of Ibs
Flue-cured, fire-cured, and air-cured
mills, of Ibs—
Cigar types
_ _ _ _
mills, of Ibs
Manufactured products:
Consumption (tax -paid withdrawals) —
7,562
Small cigarettes
mills
Large cigars
thousands.. 349, 953
Manufactured tobacco and snuff
thous. of Ibs,. 30, 781
Exports, cigarettes
thousands.. 186, 194
Prices, wholesale—
6.042
Cigarettes
dolls, per 1,000
Cigars
dolls, per 1,000.. 49. 247

45 006
4,374

48 911
3,253

38 737
3,023

20 574 i 23 113 i 44 826
2,592
2,429 i 2,333
I
i

49, 170
4,288

58 386
7,899

56 585
25 047
14, 004
14, 200
1 610 098

31 218
8,680

29 437
5,321

1 915

i

1 841

2 013

2 374

1,453
370

•
!

1,419
342

1,612
321

1,858
412

9,471
459, 982

10,448
467, 300

11, 508
517, 514

i
10,700 1 9,520
9,695
478,901 463,256 j 449,330

8,956
534, 371

7,850
477, 458

7,295
304, 531

8,963
342, 924

7,680
347, 729

8,447
355, 382

30, 781
241, 703

30, 780
250, 858

31,086
244, 201

30,661 i 31,558 \ 33,278
243,233 j 254,049 i 257,854

34, 139
191, 835

27, 935
228, 793

25, 813
240, 727

30, 883
190, 823

29, 417
232, 348

31, 444
211,210

5.645
50. 354

5.645
50. 354

5.736
49. 443

6.042
6.042
6.042
49.247 ! 49.247 > 49.247
i

6.042
49. 247

6.042
49. 247

6.042
49. 247

6.042
49. 247

6.042
49. 247

6. 042
49. 247

157

125

113

96

87

136

FUELS AND BY-PRODUCTS
COAL
Anthracite:
Exports
thous. of long tons
PricesRetail, composite, chestnut
dolls, per short ton..
Wholesale, composite, chestnut
dolls, per long ton_.
Production _
thous. of short tons. _
Shipments
thous. of short tons..
Stocks, in storage
_thous. of short tons..
Stocks, in yards of dealers, end of month
no. of days' supply
Bituminous:
ConsumptionCoke plants
thous. of short tons...
Electric power plants thous. of short tons i
Railroads
thous. of short tons .
Vessels bunker
thous. of long tons
Exports
.thous. of long tons .
Price, retail composite, 38 cities
dolls, per short ton..
Prices, wholesale—
Composite, mine run.dolls. per short ton..
Prepared sizes (composite)
dolls, per short ton
Production
thous. of short tons__
Stocks, consumers, end of month
thous of short tons

105

120

148

146

110

101

121

13. 46

14.39

14.19

14.31

14. 59

14.73

14.93

14.97

14.96

14.97

14.97

14.95

14.45

11. 803
5, 629
5,014
1,733

12. 202
5,700
5,273
1,601

12. 270
5, 005
4,629
1,674

12.413
4, 544
3,977
2,073

12.614
3,954
3,459
2, 504

12. 796
4,314
3, 810
2,828

13. 083
4,358
3, 778
3,109

13. 083
6,551
5,818
3,167

13. 147
4,141
3,718
3,314

13. 166
4,671
4, 210
3,073

13. 170
3,897
3,418
2,741

13. 170
4, 019
3,630
2,265

12. 396
4,789
4,384
1,794

60

75

75

6

4,027
2, 960
5,314
209
994

3, 795
3,167
5,463
186
1,087

3, 459
3,282
5,268
164
1, 163

3,616
3,452
5, 776
183
1,078

3,172
2,863
5,234
93
389

3,018
2,613
4,980
122
386

3,158
2 739
5', 444
89
403

45

2, 810

93
550

4,682
2,965
5,885
161
671

4, 629
2,956
5,821
195
926

3, 634
3, 232
5,419
165
1,217

54

3,442
3,221
5,290
134
1,150

3,354
3, 116
5,314
99
521

7.85

8.46

8. 01

8.00

8.09

8.11

8.17

8.22

8.23

8.19

8.17

8.14

8.01

3.669

3.760

3.723

3.692

3.706

3.704

3.705

3.703

3.705

3.701

3. 699

3.701

3.692

3.629
20, 283

3.845
28, 478

3.838
28, 314

3.816
29, 185

3. 856
29, 790

3.907
30, 534

3.954
31,919

3.954
35, 700

3.962
30, 110

3.950
30, 260

3.953
27, 892

3.929
28, 013

3.798
32, 250

30, 100

30, 900

34, 500

36, 100

35, 500

32, 700

26, 900

30, 050

COKE
Exports
thous. of long tons
Price, furnace, Connellsville
dolls, per short ton
Production:
Beehive
thous. of short tons .
By-product
.
thous. of short tons__
Petroleum
thous. of short tons
Stocks, end of month:
By-product plams
thous. of short tons..
Petroleum, refinery
thous. of short tons

43

43

86

45

50

87

52

50

41

28

22

29

42

2.25

2.50

2.48

2.45

2.45

2.45

2.45

2.45

2.38

2.34

2.30

2.25

2.25

56
1,883

109
3,146
168

94
3, 126
178

87
2,715
180

76
2,569
173

70
2,443
178

78
2,310
180

105
2,389
159

98
2,276
168

82
2,234
168

88
2,101
145

86
1,996
141

87
2,089
146

3? 566

3,003
1,158

3,062
1,250

3,256
1,315

3,546
1,391

3,791
1,451

4, 054
1,516

4,214
1, 473

4,290
1, 499

4,322
1,512

4,179
1,460

3,839
1,440

3,473
1,436

78, 521
4, 512
.530
77, 164
67

76, 187
3,978
.300
75, 116
67

79, 758
3,588
.238
77, 961
68

80, 672
2,702
.434
68, 418
69

75, 094
3, 426
.560
63, 636
66

76, 083
4,106
.560
73, 079
65

71, 639
3,604
.710
72, 851
64

72, 721
4,315
.710
73, 174
64

68, 715
2,047
.710
66, 884
60

63, 814
4,708
.710
62, 484
60

68, 502
4,840
.710
67, 189
61

96, 341
44, 540
348, 106
41,819
306, 287
498

95, 362
43, 930
347, 610
41, 734
305, 876
643

94, 587
43, 625
346, 016
41, 007
305, 009
599

94, 633
42, 300
333, 852
39, 021
294, 831
441

93, 961
41, 888
323, 198
38, 358
284, 840
445

93, 493
41, 519
319, 906
36, 705
283, 201
705

93, 673
41, 777
320, 788
36, 566
284, 222
874

93, 274
42, 114
322, 566
36, 546
286, 020
744

93, 033
42, 431
320, 201
36, 594
283, 607
643

92,809
42,311
320, 577
38, 085
282, 492
575

92, 155
42, 259
323, 395
40, 211
283, 184
670

2,808
3,080

2.716
2,960

2,183
3,129

1,488
2,841

1,864
2,628

1, 553
2, 359

1,409
2, 350

1,833
2,654

1,392
2,869

1,890
2,761

2,557
2,968

9,049
9, 515

8,561
9,181

9,401
9.913

9,274
9,796

9,420
9,412

9, 639
9, 440

8,984
9, 535

9,101
9,922

9,087
9,589

8,546
8,994

9,949
9,998

542
3,606
4,286

599
3,440
4,053

713
3,567
3,839

727
3,286
3,442

694
3,236
3,095

707
3, 554
3, 643

722
3,344
3,060

783
2,899
3,447

664
33,388
3,031

2

605
3,025
3,136

591
3,211
3,500

.463
28, 952
36, 579

.385
28, 406
38, 591

. 294
28, 801
41, 339

.280
29, 129
44, 480

.319
27, 639
45, 334

.338
28, 265
44, 883

.350
27, 108
45, 434

.338
27, 187
42, 582

.325
26, 464
39, 927

.335
23, 435
36, 631

.350
25, 928
34, 096

PETROLEUM AND PRODUCTS
Crude petroleum:
74, 761
Consumption (run to stills) thous. of bbls
4,162
7,694
Imports
thous. of bbls
Price, Kansas- Oklahoma
dolls. perbbL.
.823
.530
Production
thous. of bbls
73, 101
Refinery operations
per ct. of capacity _ _
67
Stocks, end of monthCalifornia—
96, 972
Heavy crude and fuel oil thous. of bbls..
44, 003
Light crude
thous. of bbls
350, 165
East of California total
thous of bbls
41,413
Refineries
thous. of bbls
308, 752
Tank farms and pipe lines thous. of bbls
519
Wells completed
_
number _ _
Mexico2,392
Exports
thous. of bbls. _
2,761
Production
thous. of bbls
Venezuela8, 586
Exports
.thous. of bbls._ 11, 004
Production
thous. of bbls
10, 481
9, 263
Refined products:
Gas and fuel oilsConsumption —
553
Electric power plants
thous. of bbls._
3,536
Railroads
thous. of bbls..
3, 436
4,043
Vessels bunker
thous. of bbls
Price, Oklahoma, 24-26 refineries
.488
.
dolls, per bbl_.
438
29, 733
Production
thous. of bbls .
33, 854
Stocks refinery end of mo thous of bbls
2 Revised




3 AS

of Dec. 1

SURVEY OF CURRENT BUSINESS

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

1931

1932

April

43

April

May

June

July

1933

Decem- January FebruAugust SeptemOctober November
ber
ary
ber

March

FUELS AND BY-PRODUCTS—Continued
PETROLEUM AND PRODUCTS-Con.
Refined products—Continued.
GasolineConsumption
thous. of bbls_.
33, 957
Exports
_
thous. of bbls "~3,~568~
3,988
Exports, value. (See Foreign Trade.)
Price, wholesale.133
Drums, delivered, N. Y. .dolls, per gaL.
.143
Refinery, Oklahoma
dolls, per gal-.034
Price, retail, service station, 50 cities
.124
dolls, per gal
Production—
3,824
At natural gas plants
thous. of bbls
36, 151
At refineries
thous of bbls
Retail distribution (41 states)
mills, of galls _
978
Stocks, end of month —
1,006
At natural gas plants
thous. of bbls
47, 601
At refineries
thous. of bbls
KeroseneConsumption
thous of bbls
2 804
753
Exports
thous. of bbls_.
578
Price, 150° water white, refinery, Pa.
.048
dolls, per gall
.046
3,397
Production
thous. of bbls .
6, 129
Stocks, end of month
thous. of bbls
Lubricating oil —
Consumption
thous. of bbls..
1,850
Price, cylinder oil, refinery, Pa
.125
.163
dolls, per gall
2,316
Production
_ _ thous. of bbls .
Stocks, refinery, end of month
thous. of bbls
10 463
Other productsAsphalt—
7
0
Imports
thous. of short tons
248
Production .
thous. of short tons. .
Stocks, refinery, end of month
360
thous. of short tons..
Coke. (See Coke.)
Wax33, 040
Production
thous. of Ibs
Stocks, refinery, end of month
205, 105
thous. of Ibs

35, 999
4,792

38, 637
3,093

39, 246
4,166

39, 470
4,036

36, 670
3,074

35, 051
3,325

30, 640
3,723

30, 529
2,540

26, 196
3,300

25, 344
2,721

29, 451
2,901

.133
.029

.133
.025

.133
.029

.133
.043

.143
.034

.143
.038

.143
.047

.128
.032

.123
.032

.123
.036

.135
.041

3,342
33, 007

3,148
31, 265

3,198
31, 789

.122

.125

.124

.122

.123

.123

.129

.129

3,814
38 419

3,521
36, 624

3,521
37 873

3,179
38 425

3,062
37, 016

3,345
38 030

3,405
35, 792

3,476
35, 563

1,087

1,137

1,214

1,219

1,082

1,059

957

880

801

2752

857

996
46, 413

860
42, 066

855
38, 174

722
34, 878

614
33, 401

524
34, 615

641
36, 786

645
40, 202

809
41, 782

875
46, 923

947
47, 220

2 395
1,145

2 104
720

2 114
1,214

2 678
1,131

2 341
1,057

3 042
1,267

2 906
1,206

3 358
640

2 612
1,184

2 798
734

3 067
876

.045
3,389
5,960

.042
3,404
6, 521

.038
3,696
6,869

.038
3,685
6,734

.039
3,239
6,558

.039
3,701
5,924

.041
3,815
5,618

.044
3,713
5,332

.046
3,798
5,304

.045
3,200
4,971

.044
3,525
4,539

1, 865

1,615

1,969

1,753

1,549

1,639

1,211

1,366

1,413

1,190

1,724

.118
2,264

.112
2,088

.110
2,337

.134
2,306

.198
2,143

.200
2,267

.181
2,164

.164
2,049

.153
2,092

.161
1,984

.167
1,946

10 119

9,763

9 597

9,289

9,224

9 113

9,422

9, 485

9,551

9,747

9,355

9
304

10
315

4
314

14
312

12
326

1
314

0
210

0
132

1
131

1
130

2
181

380

390

343

315

288

276

277

302

308

313

351

35, 840

34, 160

37, 800

37, 520

42,000

46, 200

46, 760

45, 360

43, 680

48, 440

47,040

205, 803

200, 836

198, 407

192, 198

191, 158

189, 167

183, 938

180, 843

188, 476

188, 688

195, 412

25, 856
3,164
10, 846
5,533
4,472

20,492
2,327
9,473
4,783
2,333

16, 712
2,739
4,261
3,879
3,481

18, 015
2,658
5,209
4,399
3,755

17,159
2,175
7,115
3,632
2,697

18,644
2,092
6,167
4,611
4,009

407
355
781
614
3,772 i 4,218
1,804
1,505

5,387
1,581

347
653
5,027
1,679

360
583
4,590
1,439

420
633
3,664
1,428

LEATHER AND PRODUCTS
HIDES AND SKINS
Imports, total hides and skins_.-thous. of Ibs.
Calf and kip skins
thous. of Ibs.
Cattle hides
thous. of Ibs.
Goatskins__
thous. of Ibs.
Sheep and lamb skins
thous. of Ibs.
Livestock, inspected slaughter:
Calves
thous. of animalsCattle
thous. of animalsHogs.
thous. of animalsSheep
thous. of animalsPrices, wholesale:
Packers, heavy native steers. Chicago
dolls, per lb_
Calfskins, No. 1 country, Chicago
..dolls, per Ib.
Stocks, total, end of month
thous. ofIbs.
Calf and kip skins
thous. of Ibs.
Cattle hides
thous. of Ibs.
Sheep and lamb skins
thous. of lbs_

18,579
2,474
6,406
5,948
2,282

19,616
3,337
4,404
6,160
4,453

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

26, 053
3,646
7,528
9,321
3,313

28, 332
6,211
9, 313
7,686
3,472

29, 513
5,058
11, 870
7,556
3, 368

27,445
3,265
11,934
6,858
3,360

428
650
3,714
1,497

471
690
3,488
1,493

425
704
3,408
1,444

417
667
3,251
1, 516

356
706
2,767
1,491

357
727
2,500
1, 598

393
687
2,955
1,667

.050

.092

.085

.100

.120

.113

.090

.058

.129
.129
.129
.139
.135
277,434 275, 576 269, 758 270, 573 276, 000 283,405
23, 662 24,150 26, 027 29, 033 28, 325 27,413
220,846 216, 400 209, 697 206,317 212, 299 221,343
32,926 35, 026 34, 034 35, 223 35, 376 34,649

.082

.066

.064

.065
.074
.078
.085
.083
277,523 282,639 300,468 308, 948 296,770
26,977 27,089 29, 562 29, 313 24,851
217, 394 221,891 237,186 245, 477 238,156
33,152 33,659 33, 720 34,158 33, 763

.069
294, 726
22, 724

.077

33, 717

LEATHEll
Sole and belting:
Exports (sole only)
thous. of lbs_.
Price, oak, scoured backs (Boston)
dolls, per lb_.
Production, total
thous. of lbs_.
Sole only..thous. backs, bends, and sides..
Stocks end of monthFinished
thous. of lbs_.
In process of 1 anning
thous. of Ibs..
Upper leather:
Exports
thous. of sq. ft..
Price, wholesale, composite, chrome, calf,
black "B" grade.
...dolls per sq. ft...
Production
thous. of sq. ft_.
Stocks, end of monthFinished
thous. of sq. ft-.
In process of tanning
thous. of sq. ft..

259

1,442

1,143

983

652

459

546

53i

309

280

213

188

242

.31

.37
20,406
1,137

.37
18,388
1,034

.37
19, 522
1,076

.37
19, 281
1,097

.40
19, 837
1,160

.39
18, 765
1,088

.35
19, 531
1,127

.32
17, 053
1,003

.32
17, 111
1,011

.32
16,673
977

.33
15, 070
874

.33
16,642
972

85, 626
67, 070

81, 906
67, 212

81,319
68, 931

80, 773
69,172

83,463
69,850

86, 348
68, 705

88, 358
66,244

63, 770

60,494

85,816
62,622

9,211

9,234

7,463

6,635

6,529

7,926

9,718 I 6,418

6,550

8,094

.356 1
.356
62,536 ! 60,542

.352
63, 229

.350
67, 234

.348
69, 626

.337
65, 543

.330
60, 682

50,120

.290
55,081

.285
60,982

257,195 ! 254,142 250, 6J 2 246, 424 250, 478 254,306 267, 705 272,328 270,673 261,588 253, 599
125,722 | 124,330 126, 684 128, 425 131,095 126,146 116,578 115,028 116,212 120,178 121,967

258, 594
119, 784

191,120 j 171,968 182, 077 164, 205 223, 837 226, 754 233,394 243,948 i 129,569 I 112,004 135,060
101,734 I 98,811 102, 071 92, 866 119,512 121, 601 134,768 112,061 | 69,781 55,908 69,067
89,386 j 73,157 80,006 71, 339 104, 325 105,153 98, 626 131, 887 i 59,788 | 56,096 65,993

147,622
75,210
72,412

87,196
68,933
5,828
.270

8,752

.323
48,262

.320
49,405

LEATHER MANUFACTURES
Gloves and mittens:
Production (cut), total
Dress and street
Work

2 Revised.




dozen pairs..
dozen pairs..
dozen pairs..

SURVEY OF CURRENT BUSINESS

44
Earlier data, together with explanatory
footnotes, may he found in the 1932
Annual Supplement to the Survey

June, 1932

1931

1932
April

April

May

June

July

August

1932

Se

berm~ October

F

*r iM-*

Novem- Decem- January
ber
ber

LEATHER AND LEATHER PRODUCTS—Continued
LEATHER MANUFACTURES— Contd.
Shoes:
Exports
thous. of pairs..
Prices, wholesaleMen's black calf blucher,
Boston
dolls, per pair-Men's black calf oxford, lace,
St. Louis
dolls, per pair..
Women's colored calf, Goodyear welt, oxford, average-dolls, per pair_.
Production, total
..thous. of pairs..
Men's
thous. of pairs. _
Boys' and youths'.
..thous. of pairsWomen's
-.thous. of pairs. .
Misses' and children's
thous. of pairs..
Slippers, all types
thous. of pairs..
All other footwear
thous. of pairs..

!

93

177 i

194

167

140

132

142

136

136

113

58

71

94

5.75

6. 75

6. 75

6. 75

G. 75

6.75

6.75

6.55

6.31 j

6.25

5.75

5.75

5. 75

4.25

4.60 i

4.60

4.49

4.35

4.35

4.35

4.35

4.35

4.35

4. 25

4. 25

4.25

3. 90
3. 75
27,839
28,614
7,244
7,349
1,605
1.739
9,590
10,400
2,835 : 2,846
2,974 • 3,431
3,585 i 2,849

3.75
33,475
8,245
2,078
13, 103
3,140
3,931
2,978

3.75
31,293
7, 423
1,891
11,883
2, 785
4.171
3,040

3.75
25, 381
6,129
1,776
8,133
2,105
4,717
2, 521

3. 75
18,518
5,107
1,449
3,864
1,854
4,317
1,927

!
3.50
! 19,556
1 5,354
! 1,485
; 5,419
! 2,579
I 2,642
i 2,077

3. 50
21,225
5,176
1,423
8,233
2,824
1,109
2,460

3. 50
25,958
i 5,853
! 1,490
! 10,560
! 3,413
: 1,678
i 2,964

3.50
30, 500
6,644
1,661
12, 200
3,872
2,253
3,870

3.50

3. 90
29,888
6,641
1,768
11,042
3,846
2,454
4,137

3. 90
; 28,452
i 6,735
i
1,647
10,058
i 3,128
i 2,812
4,072

LUMBER AND MANUFACTURES
LUMBER
Exports all type^
- M ft. b. rn_.
Retail m,ovement:
Retail yards, 9th Fed. Res. Dist.—
Sale^
M ft. b. m._
^tocks end of month
Al ft. b. m
Retail yards, 10th Fed. Res. Dist.—
Sales q
-_M ft. b. m _ _
^tock end of month
M! ft. b. in--

73, 675

135, 771

143, 558

4,124
09, 025

7,767
80, 816

2, 159
32, 553

120, 501

120, 354

99, 633

89, 502

85, 234

77, 877

87, 520

84, 433

65, 063

61, 304

8,451
80, 051

10, 084
8, 513
79,017 | 78,274

9, 457
76, 554

8, 314
73, 002

9,255
68, 318

6,379
65, 480

2, 932
63, 374

2,808
64, 928

1,723
66, 638

2, 379
68. 575

3,368
39, 534

3, 421
38, 816

3, 432
37, 718

3, 745
37, 279

3,280
36, 966

3,249
36, 245

3,481
35, 207

2, 599
34, 718

1,697
34, 183

1,593
33, 458

1,402
33, 054

1, 842
33, 028

3, 679
5, 312
3,326
3,226
24, 191

3,327
4.604
2,629
3, 315
23, 467

4, 245
3, 712
4, 955
4. 772
3,116
2,737
3, 778
3, 447
21,821 ! 21,321

3,312
4,183
2,973
3,397
21, 130

2,783
3,775
3,134
3, 144
20, 189

2. 760
3,778
2,812
2, 703
20, 042

3,368
4, 851
2,797
2,481
20, 216

2,342
5,083
3,027
1,928
21, 438

1,742
4,911
2,272
1,759
21,511

2,2C3
5, 072
2,570
2, C61
21, 588

2,210
4,648
3,424
2, 495
22, 702

28, 575
34, 095
25, 147
28, 155
76, 783

24, 710
30, 235
24, 505
27, 745
76, 753

21, 065
26, 390
30,176 ; 21,204
20, 984 li 24, 120
23,131
25,691
67,619 ! 64,798

18, 631
18. 194
21, 736
21, 464
65, 004

16,928
17, 590
22, 425
19, 486
65, 696

15, 973
15,589
19, 299
18,203
67. 103

13,526
14, 334
15,744
13,907
68, 293

16, 676
17, 987
13, 457
12. 976
67, 748

17, 537
22, 251
4, 098
11,673
60, 781

S, 150
19, 189
7,968
11,359
56, 201

10, 442
15, 864
13,101
13, 360
57, 521

154
463
146
161
3,175
2,713

158
431
146
169
3,149
2,718

176 !
419
143 !
161 i
3, 126 i
2, 707 |

131
375
101
143
3,020
2,645

131
387
105
131
2,960
2, 559

131
374
105
135
2, 915
2 542

131
370
105
128
2, 893
2, 524

105
367
86
109
2,854
2,487

120
356
68
120
2, 791
2,434

105
315
83
124
2,734
2, 419

2113

292
290
116
2,671
2,379

101
694
593

100
686
586

108 i
683 !
575 !

102
653
551

92
634
542

98
615
518

91
607
516

92
595
504

84
560
476

80
549
470

69
542
473

70
532
463

120
935
814

105
914
809

88
890
803 |

81
864
783

70
853
783

79
840
761

85
827
742

85
813
728

95
805
711

87
775
688

76
748
673

64
710
646

12, 767
12, 806

10, 820
10, 330

11,878
11, 690

6,173
9, 846

5,864
13, 445

3,210
14, 907

2,617
15, 378

3,517
12, 690

6,382
12, 137

8,220
12, 435

9,900
11,892

8,258
5,432

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

1, 181
3,151
1,382
1,277
15, 990

996
2, 918
1, 075
1, 223
15, 837

1, 574
2, 981
624
1. 853
14, 543

1,252
2, 821
887
1. 472
13, 926

1,861
2,934
1,037
1, 786
13, 176

1,463
2,173
1, 405
1,720
12, 825

1,148
2,101
1,110
1.121
12, 745

786
1, 974
886
915
12, 606

861
1,680
486
837
12, 279

691
1,761
528
662
12,880

721
1,516
483
738
12, 600

38, 787
18, 020

36, 714
21,874

29, 549
19, 007

29, 448
20, 737

41, 785
21, 468

21, 362
13, 324

18, 789
26, 437

158,915
125, 341

151, 305
81, 472

135, 637
105, 197

115, 046
85, 501

125, 789
113, 703

112,360
111,017

114, 150
101, 168

Flooring
Maple, beech, and birch:
Orders—
N[ew
Unfilled, end of month
Production
Shipments
Stocks, end of month
Oak:
Orders —
New
Unfilled, end of month
Production
Shipments
Stocks, end of month

- M
M
M
M
M

ft.
ft.
ft.
ft.
ft.

b. m_
b. m._
b. m _ _
b. m_.
b. m__

^f ft- b. m__
M ft. b. m..
^ ft- b. m._
M ft. b. m..
_.M ft. b. m__

12, 090
15, 753
12, 091
12, 555
56, 066

Hardwoods
Hardwoods, total (Southern and Appalachian
districts) :
Orders—
.„ ri ,
New
mill. ft. b. m._
105
272
Unfilled", end" of month
mill. ft. b. m._
101
Production..
mill. ft. b. m__
113
Shipments
.mill. ft. b. m__
2,648
Stocks, total, end of month... mill. ft. b. m__
Unsold stocks
mill. ft. b. m _ _
2,37G
Gum:
Orders, unfilled, end of month-mill, ft. b. m..
69
Stocks, total, end of month -..mill. ft. b. m _ _
528
Unsold stocks
_ . ..mill. ft. b. m_.
460
Oak'
Orders, unfilled, end of month-mill, ft. b. m__
64
Stocks, total, end of month. ..mill. ft. b. m__
705
Unsold stocks
mill. ft. b. m .
641
Northern hardwoods:
Production
M ft. b. m__
Shipments
M ft. b. m _ _ i
Walnut:
OrdersNew
-- -M ft. b. m
Unfilled, end of month
M ft. b. m..|
Production
..
M ft. b. m..1 ... .
Shipments
...M ft. b. m .!:
Stocks end of month
M ft. b. m _

139
402
109
139
3, 065
2, 662

Softwoods
Fir, Douglas: *
Exports69, 043
45, 308
63, 159
47,766
53,088
Lumber
M ft. b. m__ 22, 344
25. 155
35, 718
18, 186
37, 573
55, 586
Timber
Mft.b.m.. 24, 150
Orders224, 272 188, 907 191,146 i 181,297 188, 460
New
Mft. b. m _ _
215, 766 135, 637 162,944 ! 165,630 1] 1,017
Uhfilled end of month
M ft. b. m
Price, wholesale11. 25
10. 64
10.97
11.64
12.12
9.52
No. 1 common
dolls, per M ft. b. m__
Flooring, 1x4, " B " and better
25. 29
28.33
25. 98
25. 76
29.74
dolls, per M ft. b. m__
22.42
201, 889 206, 813 199,651 ! 149,067 171,897
Production
M^ ft b. m
200, 099 221, 586 197,413 i 173,240 175, 030
Shipments
Mft.b.m..! _ _
Hemlock, northern:
i
10, 013
10, 128
9,991
9,893
8,616
Production
M ft. b. m ! _
9,554 | 8,640
7,864
7,894
7,437
Shipments
Mft.b.m..! _
Pine, North Carolina:
30,
338
27,
013
24,
276
31,241
30, 233
Production
M ft b m
34, 293
30, 408
32, 375
34, 454
31, 780
Shipments....
Mft.b.m._|__
' Data for May, August, October, and December are for 5 weeks; other months




11.27

11. 21

11.23

11.09

11.40

10.25

9.90

25.48
155, 334
166, 525

25.63
149. 962
162, 049

24.35
115,941
126, 684

23.51
102,511
113,703

22.84
99, 378
118,627

22.49
115,941
96, 244

21.87
102,511
115,941

4,804
7,531

3, 928
7,811

3, 581
6,366

3,028
4,461

3,443
4,682

3,940
3, 465

3,983
4,352

24, 640
33, 320

27, 370
33, 110

26, 670
35, 350

25, 760
30, 310

4 weeks*

*Revised.

SURVEY OF CURRENT BUSINESS

June, 1932

1933

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

45
1932

1931

April

April I May

June

July

[ August

October

Novem- j Decem- j January j Februber
! ber

March

LUMBER AND MANUFACTURES—Continued
LUMBER-Continued
Softwoods — Continued
Pine, northern:
Orders, new
M ft. b. m _ _
6,543
Production
M" ft b m
2 267
Shipments
M ft. b. m
8 588
Pine, southern:
ExportsLumber.
_. ...
M ft. b. m__ 22, 905
Timber
M ft. b. m
9 836
Orders —
New
M ft. b. m
110 397
Unfilled, end of month
M ft. b. m . 62 475
Price, flooring
dolls, per M ft. b. m-_
20. 91
Production
_.
M ft. b. m
108 224
Shipments
M ft b m
116 963
Redwood, California:
OrdersNew
M ft. b. m
17 053
Unfilled
M ft b m
24 043
Production
M ft. b. rn-_ 12, 292
Shipmenis
. ... M ft. b. m
16 545
FURNITURE
Household:
Grand Rapids district —
Orders—
Canceled
per cent of new orders. _
New
. .
no. days' production
Unfilled, end of
month
no. days' production
Outstanding accounts, end of
month
no. days' sales
Plant operations
per cent of full time-.
Shiprnents__
no. days' production
Southeastern district —
Orders, unfilled, end of
month
dolls., average per firm..
Shipments
dolls., average per firm_.
Prices, wholesaleBeds
1926=100
Dining-room chairs, set of 6
1926=100-.
Kitchen cabinets
1926=100...
Li ving-room davenports
1926= 100- _
Steel furniture. (See Iron and Steel Section.)

170
7

13, 619
19 636
14, 335

11, 421
18 140
12 476

11, 159
17 657
11 622

9,850
12 459
10 791

10, 119
9 931
10 420

9,043
3 717
10 857

8,957
1 396
9 657

7,079

7,673

7,284

7,812

7,477

7,837

5 572

7 401

8,829

8,264

32, 544
10 256

34, 067
5 827

30, 278
12 535

29 925
8 745

21 956
7 888

18 936
5 663

20 895
5 017

18, 425
4 056

25, 793
8 636

16 457
3 931

20, 039
3 668

20, 105
4 320

169 015
104 307
28.32
165 325
180 306

157 920
83, 958
28.82
148 048
165 004

140 322
83 475
28. 15
126 739
138 663

146 860
83 013
27.82
121 994
151 488

151 484
82 551
27.78
119 828
155 511

138 204
74 235
27.21
116 511
142 170

134 757
58 464
26.49
117 241
142 254

111,307
62, 013
26.31
110 803
108 668

72 751
50 925
26.31
77 749
73 059

105 553
60 837
25. 16
79 979
90 001

119 329
73 773
22.74
88 727
117 478

126 728
76, 668
21.22
104, 114
122 706

22 480
22 290
18, 761
21 898

19 290
20 237
17,616
21 568

19 321
20 376
16, 429
18 253

16 576
19 331
14,717
18 131

15 386
17 380
16, 270
17 323

16 007
17 585
14, 760
15 734

18 636
20 485
15, 931
17 055

16 383
21 929
14, 436
15 333

11 079
17 138
14, 684
15 025

17, 133
21 932
13, 616
13 077

17 555
23 987
12, 202
14 984

18, 999
24 374
14, 523
17, 545

8.0
13

13.0
9

4.5
27

6.5
13

7.0
15

8.0
16

8.5
14

6.5
15

8.0
11

5.0
16

14.0
11

9.0
9

o

o

o

o

o

7

15

11

23

22

20

15

11

13

12

17

13

10

26
540
7

33
67.0
13

31
70.0
11

32
74.0
12

32
80.0
14

36
73.0
16

39
72.0
19

38
83.0
17

35

31

32

33

29

72.0
12

56.5
11

68.0
11

73.0
13

59.0
11

28, 248
52, 390

19, 338
46, 431

56, 865
43, 077

47, 997
55, 063

47, 706
59, 223

42, 180
66, 042

22, 100
64, 122

16, 268
35, 388

14, 469
23, 519

24, 278
33, 632

18, 469
46, 304

15, 427
37, 944

90 7
94.0
102.9
93.2

86 8
94.0
102.9
89.8

85.2
93.0
102.9
89.8

85 2
92.1
102.9
88.6

82 9
92.1
102.9
88.2

80.4
92.1
100.1
84.2

73. 1
91.0
100.1
82.0

73 1
91.0
100.1
82.0

73. 1
91.0
100.1
74.2

70.3
91.0
95.3
74.2

68.8
91.0
95.3
74.2

68.8
91.0
95.3
74.2

68 8
91.0
95.3
69.8

METALS AND MANUFACTURES
IRON AND STEEL
Foreign trade, iron and steel:
Exports
long tons
Imports
- .
-long tons..
Price, iron and steel,
composite
dolls, per long ton
Sales, iron, steel, and heavy hardware
1921 = 100

58, 118
29, 414

101, 434
40, 606

95, 046
29, 689

75, 577
30, 987

84, 465
28, 255

73, 338
21, 898

69, 778
24, 509

59, 335
23, 335

59, 556
23, 104

57, 263
18, 125

40, 660
25, 346

40, 492
20, 302

49, 927
35, 434

29. 75

31.61

31.39

31.02

31.05

31.05

31.03

30.81

30.61

30.32

29.98

29.56

29.62

134

129

124

117

110

112

109

91

81

68

70

78

2,826
163

2,675
194

2,114
122

1,832
128

1,652
92

1,470
99

1,451
70

1,311
94

1,230

1,154

1,174

89

77

1,256

90

9
106
176

599
656
1,769

2,369
1,428
3,808

3,191
1,735
4,956

3,229
1, 658
5,065

2, 873
1,440
4,179

2,029
1.162
3,094

457
277
421

0
0

0
0

0
0

0

0

0
0

0

28, 722
23, 292
5 430

27, 115
21, 968
5,147

28, 713
23, 556
5, 157

31,817
26, 451
5 366

35, 071
29, 385
5 686

37, 972
31, 998
5 974

39, 767
33, 687
6,080

39, 232
33, 184
6,048

38, 010
32, 136
5,874

36, 893
31, 083
5,810

35, 742
29, 975
5,767

34, 491
28, 774
5,717

33

21

37

38

22

27

21

9

8

17

3

2

123

105

82

92

79

82

86

55

58

66

69

60

55
71

59
69

Ore
Iron ore:
Consumption by
furnaces
_ .thous. of long tons. _
1,040
Imports
thous. of long tons. .
90
Receipts:
Lake Erie ports and
furnaces
.thous. of long tons. _
0
Other ports
_. -thous. of long tons..
26
44
Shipments from mines . .thous. of long tons_.
Stocks, total, end of month
thous. of long tons.. 33, 479
At furnaces
thous. of long tons. _ 27, 962
5,517
Lake E rie docks
thous of long tons
Manganese ore imports (manganese content)
14
thous. of long tons

46

0

Iron, Crude and Semimanufactures
Castings, gray-iron:
Orders —
New
av. tons per foundry..
80
Unfilled, end of month
I
av. tons per foundry..
64
Production
av. tons per foundry
67
Receipts (materials).- -av. tons per foundry. J
76
Stocks (materials)
av. tons per foundry..
266
Castings, malleable:
Orders, new
.
._ short tons
17, 630
Production
short tons__ 16, 758
Per cent of capacity
18 0
Shipments
short tons J 18, 328
Pig iron:
Furnaces in blast, end of month—
Capacity _
long tons per day.J 27, 730
Number.__
60




93
122
140
252

77
126
134
232

36, 507
36, 682
36.3
38, 342

28, 716
31,964
32.1
36, 957

66, 980
113

61, 085
105

60
108
123
229

70
101
117
226

70
99
123
231

68
111
137
260

67
96
116
243

48
77
87
225

40
69

56
70

72
215

22,495
24, 248
24.5
28,602 '

19, 667
20, 223
20.0
23, 985

18, 705
18, 821
18.9
20, 904

17, 854
18, 485
18.6
18, 727

18, 558
20, 444
20.4
17, 802

18, 971
17, 984
18.3
18, 336

50, 855
91

45, 230
82

39, 085
76

38, 600
73

36, 530
70

35, 810
67

103
248

82
240

258

19,811
21, 503
21.5
20, 206

22, 036
22, 216
23.5
21,572

19, 709
21, 578
23.1
21, 325

18, 046
19, 597
20.5
21, 337

29, 365

30, 630

32, 880

29,135
60

56

61

64

SUEVEY OF CURRENT BUSINESS

46

1931

1932

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

April

June, 1932

April |

May

1

June

July

1932

Decem- January FebruOctober NovemAugust September
ber
ber
ary

March

METALS AND MANUFACTURES—Continued
IRON AND STEEL-Continued
Iron, Crude and SemimanufacturesContinued
Pig iron— Continued:
Prices, wholesale—
Basic (valley furnace) .dolls, per long ton..
Composite pig iron
dolls, per long ton-Foundry, No. 2, northern (Pitts.)
dolls, per long ton. _
Production
thous. of long tons_.

14. 50
15.20

16.50
16.75

16.25
16.64

15. 50
16.40

15.50
16.38

15.50
16.38

15.50
16.32

15.25
16.23

15.00
16.02

15.00
15.86

15.00
15.55

14.63
15.36

14.50
15.26

16.89
853

18.76
2,020

18.76
1,994

18.76
1,639

18.76
1,463

18.76
1,281

18.76
1,169

18.39
11,73

17.76
1,103

17.46
980

17.36
973

17.02
964

16.89
967

227, 605 174, 244 178, 101 201, 956 208, 072 158, 495
150, 227 154, 650 156, 769 155, 723 195, 946 257, 941
149, 057 148, 749 166, 923 159, 568 213, 852 288, 422
997, 191 1,014,298 1,069,407 1,088,609 1,105,878 978, 351

105, 181
247, 732
270, 880
842, 371

75, 683
146, 023
147, 698
740, 613

55, 602
83, 230
83, 494
705, 124

131, 871
54, 274
44, 848
770, 108

77, 122
57, 713
55, 970
783, 264

41, 824
64, 691
57, 571
760, 398

Iron, Manufactured Products
Cast-iron boilers:
Boilers, gas-fired —
Production
Shipments, quantity
Shipments, value
Stocks, end of month
Boilers, rangeOrders—
New _
Unfilled, end of month,

thous. of B.t. u_.
thous. of B. t. u__
dollars
thous. of B. t. u__

no. of boilers. _
total
no. of boilers __
Delivery, 30 days or less. _no. of boilers. _
Delivery, more than 30 days
_no. of boilers
Production
no. of boilers
Shipments
_no. of boilers..
Stocks, end of month
no of boilers
Boilers, round —
Orders, new
thous. of lbs._
Production
__thous. of lbs__
Shipments
thous. of Ibs
Stocks, end of month
thous. of lbs_.
Boilers, square—
Orders, new
thous. of Ibs
Production
thous. of lbs__
Shipments
thous. of Ibs
Stocks, end of month
thous. of lbs_.
Boiler fittings, cast iron:
Production
short tons
Shipments
_. short tons
Boiler fittings, malleable:
Production
short tons..
Shipments
_ .short tons
Radiators:
Orders, new thous. of sq. ft. heating surface
Production, .thous. of sq. ft. heating surface..
Shipments.. .thous. of sq. ft. heating surface. _
Stocks, end of
month
thous. of sq. ft. heating surface..

40, 148

43, 287

41, 768

39, 428

39,066

35, 674

42, 109

46, 680

37, 427

26,066

40, 816

36, 059

40, 250

6,437
4,787

16, 596
8,599

16, 620
9,944

15, 047
12, 752

8,077
5,922

10,115
8,054

10, 470
8,470

7,023
5,423

7,520
6,309

6,992
6,092

8,790
7,240

7,466
5,760

6,237
4,789

1,650
38, 458
39, 948
24, 690

7,997
48, 250
47, 148
26, 510

6,676
43, 799
41, 744
28, 565

2,295
42, 012
41, 001
29, 576

2,155
44, 611
46, 036
28, 151

2,061
32,003
33, 636
26, 518

2,000
39, 211
41, 754
23, 975

1,600
51, 769
50, 127
25, 617

1,211
37, 918
36, 930
26, 605

900
32, 862
26, 743
33, 464

1,550
32, 975
39, 018
27, 421

1,706
36, 883
37, 383
26, 921

1,448
40, 738
41, 479
26, 180

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

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

4,948
4, 654
5,055
59, 876

5, 520
3,977
6,071
57, 274

7,204
4,662
7,309
53, 558

9,148
4,678
10, 262
48, 095

11.731
6,502
13, 923
41, 257

8,406
5,228
8,497
36, 872

4,194
3,159
5,094
35,411

4, 317
3, 035
36, 036

4, 466
2, 857
36, 846

3,931
2,891
38, 026

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

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

12, 200
13, 256
11, 422
141, 522

14, 765
13, 028
15, 184
139, 469

19, 967
15, 264
19, 413
137, 143

22, 547
14, 231
25, 328
124, 657

27, 999
19, 751
31, 479
113, 226

19, 029
11,741
19, 137
106, 617

10, 908
7,964
12, 193
101, 777

14,246 | 15,179
8, 275
7, 300
108, 388 115, 244

15, 733
8,037
122, 630

5,603
5,379

4,976
5,088

4,165
4,508

4,059
4,779

3,650
4,442

4,592
5, 822

5,475
7,638

5,381
4,778

3,621
3,564

2, 861
3, 852

2, 206
3, 195

2,052
2,552

3, 075
2,995

2,471
2,784

2,365
2,489

2,114
2,330

1,959
2,041

2,466
2,964

2,973
3,610

2,412
2,026

1,620
1,609

1,602 i
1, 627

1,464
1, 518

1,133
1,344

4,330
5,957
4,293

4,863
5,164
5,003

6,428
5,025
5,759

6,606
4,194
6,834

8,365
4,572
7,960

8,508
5,090
9,262

10, 342
7,292
11, 282

8,302
5,560
8,465

4,413
3,489
5,627

4,867
3,257

5, 185
2, 683

5, 027
2, 412

50, 632

50, 953

50, 183

47, 414

44, 834

40, 549

36, 798

34, 388

32, 225

33, 681

36, 153

38, 856

203, 283
192, 246
636, 388

147, 999
162, 497
621, 890

163, 462
144, 466
640, 886

160, 401
153, 126
648, 161

154, 106
166, 839
629, 268

121, 490
104, 849
645, 909

64, 968
64, 403
661, 800

47, 416
66, 547
642, 669

43, 228
17, 110
43, 584
145, 140

46,704
15, 892
47, 922
138, 759

35, 463
13, 722
37, 633
139, 496

33, 578
12, 320
34, 980
134, 392

35, 703
12, 001
36, 022
131, 858

24, 445
10, 973
25,473
126, 718

13, 686
8,866
15, 793
129, 726

49, 181
18, 308
50, 575
209, 841

53, 226
17, 949
53, 585
192, 552

43, 521
16, 208
45, 262
190, 226

41, 489
14, 325
43, 372
176, 825

43, 238
12,600
44, 963
169, 509

30, 269
12, 025
30, 844
161,911

17, 083
10, 161
18, 947
162, 033

49, 928
17, 818
51, 676
255, 269

52, 241
16, 196
53, 863
245, 354

43, 174
14, 463
44, 907
236, 005

43, 518
14,911
43, 070
226, 440

44, 287
12,761
40, 437
224, 726

34, 997
13, 595
34, 163
212, 783

19, 786
10, 286
23, 095
212, 825

27, 463
13,511
26, 453
98, 384

27, 106
11,535
29, 082
94, 260

27, 324
10, 786
28, 073
86, 455

21,911
10, 466
22, 231
86, 640

26, 854
11,145
26, 175
86, 401

17, 418
10, 845
17, 718
83, 492

8,959
9,034
10, 770
82, 487

232, 672

246, 858

251, 544

307, 068

255, 782

197, 080

233, 267

Sanitary Ware
Bathroom accessories:
Production.
_
no. of pieces..
181, 955 189, 979
Shipments
no. of pieces
177, 051 192, 848
Stocks, end of month
no. of pieces,.
628, 220 625, 351
Enameled sanitary ware:*
BathsOrders—
New..
__
no. of pieces
42, 991
40, 111
Unfilled, end of month
no of pieces
17, 466
19, 987
Shipments
no. of pieces
45, 512
40, 449
Stocks, end of month ... .no. of pieces
163, 037 152, 206
Lavatories—
OrdersNew
. no. of pieces
51, 395
45, 440
Unfilled end of month
no of pieces
19, 702
22, 827
Shipments
no. of pieces..
43, 221
54, 520
Stocks, end of month
no of pieces
232, 277 218, 067
Sinks kitchenOrders —
New
number of pieces
52, 771
54, 693
Unfilled, end of month number of pieces
21, 718
19, 566
Shipments
_
.number of pieces
49, 443
56, 845
Stocks, end of month
number of pieces_.
273, 154 260, 426
Miscellaneous—
OrdersNew
number of pieces
22, 995
21,243
Unfilled, end of month number of pieces
15, 748
12, 501
Shipments
number of pieces
21, 719
24, 490
Stocks, end of month ..number of pieces
107, 917 101, 673
Enameled sheet metal ware shipments
dozen pieces..
281, 339 264, 953
Price, wholesale, plumbing fixtures (6
pieces)
__
dollars
98.84
99.16
Porcelain enameled flatware:
Orders, new, total... ._
dollars _. __ _. 670, 171 716, 502
Signs
dollars
242, 938 283, 526
Table tops
dollars
161, 172 148, 700
Shipments, total
..dollars..
691, 107 739, 656
Signs
dollars
256, 906 290, 429
Table tops
dollars
160. 892 151. 647
* Not available since December, 1931; expected to be resumed.




98,810 1 83,045
94,835 1 85,626
646, 644
644, 063

1

i.
198, 878

1
270, 198

""
276, 725

98.96

98. 91

97.77

96.32

96. 12

94.15

93. 52

88.32

88.42

84.37

637, 688
249, 455
132, 869
706, 838
290, 032
140, 545

649, 894
245, 943
168, 362
690, 801
278, 732
163, 979

564, 093
170, 313
128, 350
638,431
229, 459
131,675

701, 487
213, 856
175, 642
704, 428
222, 332
180. 650

706, 284
206, 012
205, 756
692, 415
182, 077
201. 935

465, 431
159, 107
110, 963
492, 242
168, 489
123. 793

451, 740
224, 287
83, 056
512, 019
268, 259
88. 218

537, 926
234, 015
97, 390
381,607
141,231
94. 926

453, 141
207, 824
72, 821
461, 070
187, 287
76. 662

565, 952
259, 444
94, 843
576, 282
277, 744
93, 174

SUEVEY OF CURRENT BUSINESS

June, 1932

1932

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

April

47

1931
April

May

June

July

1933

Decem- January FebruAugust September October O™»ber
ary
N

March

METALS AND MANUFACTURES—Continued
IKON AND STEEL— Continued
Sanitary Ware— Continued
Porcelain plumbing fixtures:
OrdersNew, net
_
number of pieces. _
Unfilled end of month._number of pieces. _
Shipments
number of pieces..
Stocks, end of month
number of pieces..
Vitreous china plumbing fixtures:
OrdersNew, net
number of pieces..
Unfilled, end of month_.number of pieces..
Shipments
number of pieces-Stocks, end of month
number of pieces. .
Woodwork, plumbers':
Orders—
New, net
number of pieces
Unfilled, end of month number of pieces
Shipments
number of pieces
Stocks, end of month
number of pieces.. _

1, 244
3,379
1,275
16, 309

6,898
32, 541
4,093
28, 248

4,824
11,387
4.665
28, 394

6,213
10, 804
5,237
27, 850

5,796
10, 476
5,577
24, 641

4,571
7,697
5,761
25, 236

4,740
7,104
4,533
23, 450

3,142
5,887
3,683
21, 957

2,918
6,072
2,544
19, 597

2,025
4,832
2,094
17, 992

2,000
3,796
2,951
16, 715

116,036
141, 423
114,633
560, 152

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

119, 922
200, 855
128, 574
593, 268

136, 285
202, 591
134, 549
574, 304

121, 324
188, 623
135, 292
554, 939

122, 977
172, 595
139, 005
533, 305

116,794
161, 435
127, 954
529, 531

182, 938
188, 969
155, 404
506, 901

135, 931
199, 009
125, 891
501, 972

96. 004
192, 863
102, 150
522, 721

76,119
156, 753
112,229
524, 131

70, 918 2 89, 046
140, 020
136, 593
91, 07* 2 85, 619
536, 245 2 570, 727

118,510
109, 556
127, 055
204, 586

135, 674
119,578
125, 652
211,972

122, 642
114, 821
126, 368
200, 227

101,784
108, 080
108, 525
211, 622

106, 928
96, 650
118,358
203, 213

110,372
100, 556
106, 466
199, 308

100, 275
89, 409
111,422
191, 933

100, 194
88, 895
100, 708
190, 034

99, 791
88, 150
100, 536
201, 837

84, 514
79, 233
93. 431
167, 562

78, 293
79, 027
78, 499
166, 779

25, 141

22, 768

16, 360

14, 413

12, 600

11, 576

13, 034

12, 182

13, 808

15, 457

12, 810

9,901

46, 039
16, 195
32
48, 282
12, 843
33

39, 052
11, 306
27
43, 154
12, 071
30

26, 136
7,597
18
35, 018
9,410
24

32, 869
13, 621
23
31, 751
8,412
22

27, 458
6,848
19
30, 186
8,657
21

23, 073
6,023
16
26, 948
7,265
19

22. 854
6,961
16
24,113
7,366
17

20, 001
7,169
14
23, 139
7,001
16

20, 799
6,936
14
22, 064
6,166
15

17, 344
4,279
12
18, 456
4,666
13

17, 015
3,400
12
18, 759
4,265
13

16, 588
4,005
11
20, 464
4,370
14

2,722
49

2,506
45

2,076
38

1,886
34

1,719
31

1,548
28

1,592
28

1,594
30

1,302
24

1,461
27

1,460
28

1,411
25

.0222

.0221

.0219

.0220

.0219

.0220

.0218

.0218

.0216

.0211

.0211

.0217

29.00

29.00

29.00

29.00

28.80

27.75

27.00

27.00

.0160
8.000

.0160
8.000

.0160
7.800

.0151
7.500

. 0153
7.156

.0156
7.125

1,424
3, 548
1, 631
16, 328

2,072
3,571
1,748
16, 117

80, 960
75, 215
84, 772
162, 620

Steel: Crude and Semimanufactured
Bars,steel,cold finished,shipments .short tons.. 11,818
Castings, steel:
Orders new total
short tons
12, 807
Railroad specialties ...
short tons..
2,889
Per cent of capacity
9
Production, total.
short tons__ 17,463
Railroad specialties
short tons .
3,895
Per cent of capacity
12
Ingots, steel:
Production.
thous. of long tons..
1,240
Per cent of capacitv
23
Prices, wholesale:
Composite, finished steel
dolls, per lb_.
.0217
Steel billets, Bessemer (Pittsburgh)
dolls per long ton..
27.00
Structural steel beams (Pittsburgh).
dolls, per Ib
.0160
Steel scrap, Chicago
dolls, per gross ton..
7.000
U. S. Steel Corporation:
Earnings, net
_
_ _ thous. of dolls. _
Orders, unfilled, end of mo
thous. of long tons. . 2,327

30.00

29. 50

29.00

29.00

0.165
9.813

.0165
8.875

.0165
8.750

.0165
8.750

.0160
8.375

.0160
8.200

5,136

4,183

4,499

3,662

2,960

2,559

1,690

1,249

1,032

3,898

3,620

3,479

3,405

3,169

3, 145

3,119

2,934

2,735

2,648

2,. 546

2,472

1,195
591, 399
41.9
600, 566
50, 328

1,053
610, 788
43.1
618, 801
42, 315

1,078
552, 955
38.9
549, 781
45, 489

939
580, 565
40.7
581, 450
44, 604

1,030
449, 590
31.6
455, 502
38, 692

914
451, 562
31.7
452, 960
37, 294

638
489, 555
35.3
492, 145
34, 704

549
453, 547
32.7
444, 201
44, 050

620
382, 483
27.9
385, 435
35, 179

925
359, 685
26.2
352, 135
42, 729

1,176
367, 472
25.3
369, 882
40, 319

1,139
448, 148
30.7
448, 107
40, 360

786
655

564
624

642
788

652
786

560
797

659
864

435
644

401
471

383
399

267
282

245
204

373
264

689
497
754

1,424
896
1,481

1,306
897
1,305

1,272
948
1,221

1,092
966
1,074

1,010
919
1,057

1,059
790
1,188

1,114
826
1,078

910
780
956

911
615
1,075

967
605
977

751
548
808

794
562
781

192
261
191

408
383
423

506
480
409

452
483
449

328
441
371

307
390
358

304
383
310

304
378
310

267
419
226

295
273
299

267
272
269

212
255
229

265
260
259

153
214
148
92

302
256
348
179

312
313
255
172

269
339
243
122

239
313
265
96

221
314
221
84

189
301
202
83

184
263
222
85

187
238
212
80

183
189
210
81

167
225
131
121

220
279
165
115

166
209
237
99

14, 196
1,400

29, 916
7,749

26, 210
2,411

22, 806
4,679

27, 261
4,136

24, 282
1,138

33, 473
4,024

20, 839
1,955

18, 268
1,755

16, 442
778

17,613
4,783

17, 755
4,115

12, 564
1,161

103, Oil
99, 510
101, 559
26.6
104, 637
116, 339
71,318

191, 987
325, 169
213, 608
58.2
211,118
176, 846
85, 415

148, 612
296, 731
201, 846
56.6
191, 942
169, 444
82, 532

163, 599
304, 107
147, 843
40.3
156, 160
168, 013
75, 618

144, 461
203, 358
174, 890
46.3
178, 460
160, 959
77, 953

122, 849
170, 122
123, 752
34.9
151, 529
149, 533
75, 288

120, 688
167, 366
116,842
32.0
123, 371
143, 153
67, 337

117, 195
159, 367
122, 739
33.1
129, 365
137, 243
70, 465

102, 867
147, 169
102, 758
26.7
94, 975
133, 296
74, 763

99, 706
119, 677
101, 570
26.3
103, 400
126, 540
80, 191

121, 258
126, 508
118,921
31.2
112, 971
119,288
73, 540

108, 441
118, 022
124, 157
32.5
116, 715
124, 342
72, 857

101, 559
102, 171
110, 559
29.0
117, 685
124, 008
68, 677

64, 400
16
68, 000
17
3,340

284, 800

152, 400
38
145, 200
36
7.453

172, 400
43
159, 200
40
5.705

159, 600
40
180, 800
45
4,409

124, 000
31
167, 600
42
3.924

194, 400
49
149, 200
37
3,472

109, 200
27
143, 600
36
2.162

90, 800
23
111,600
28
1.948

97, 600
24
122, 800
31
2.373

48, 400
12
65, 600
16
2.936

62, 000
16
78, 000
20
2,765

64, 400
16
82, 400
21
3.229

4 1, 137

Steel: Manufactured Products
Barrels, steel:
Orders, unfilled end of month
thous. of barrels. _
Production
number of barrels.
Per cent of capacity
Shipments
number of barrels
Stocks, end of month _ .number of barrels.
Boilers, steel, new orders:
Area
thous of sq. ft..
Quantity
number of boilers
Furniture, steel:
Business groupOrders—
New
thous of dolls
Unfilled, end of mo.-. ..thous. of dolls. .
Shipments
..thous. of dolls. Shelving—
OrdersNew
thous. of dolls
Unfilled, end of month _ _ thous. of dolls. .
Shipments
thous. of dolls..
Safes:
Orders—
New
thous of dolls
Unfilled, end of month
thous. of dolls..
Shipments
thous. of dolls..
Lock washers, shipments
thous. of dolls..
Plate, fabricated steel, new orders,
total
__ .short tons..
Oil storage tanks
short tons..
Sheets, black, blue, galvanized, and full finished:
Orders —
New
short tons..
Unfilled, end of month
..short tons..
Production, total
short tons..
Per cent of capacity
Shipments
.short tons..
Stocks, end of month, total
short tons..
Unsold stocks
..short tons..
Galvanized sheet metal ware. (See Nonferrous metals.)
Structural steel, fabricated:
Orders, new
._ _
.short tons..
Per cent of capacity
Shipments
short tons
Per cent of capacity
Track work, production
short tons..
* Deficit for quarter.




1,031
445, 819
30.5
451, 869

158, 800
40
8.564

SURVEY OF CURRENT BUSINESS

48
i

1931

-j OQ*> 1

Earlier data, together with explanatory ;
f
footnotes, may be found in the 1932 \
\
Annual Supplement to the Survey
\ April J April

June, 1932

M ay

June

1932

July ! August

be

1

si

m

^J^ " , October r °^ "

n

|^ " January

F

ary U "

March

METALS AND MANUFACTURES—Continued
MACHINERY AND APPARATUS
Air-conditioning equipment:
Orders, new, total
thous. of dolls. .
Air- washer group
thous of dolls _
Fan group
thous. of dolls. .
Unit-heater group
thous of dolls .
Electric overhead cranes:
OrdersNew
thous. of dolls Unfilled, end of month
thous. of dolls—
Shipments
_
thous. of dolls ..
Electrical equipment. (See Nonferrous metals.)
Electric hoists:
Orders, new —
Quantity
no. of hoists..
Value
dollars -.
Shipments
dollars. .
Exports, machinery. (See Foreign Trade.)
Foundry equipment:
Orders —
New
1922-1924=100..
Unfilled, end of month
1922-1924=100Shipments
_ _ .1922-1924 = 100Fuel equipment:
Oil burnersOrders—
New_._
no. of burners..
Unfilled, end of month.._no. of burners. .
Shipments
no. of burners..
Stocks end of month
no. of burners..
Pulverized fuel equipmentOrders, new, central system—
Furnaces and kilns. -.no. of pulverizers. .
Water-tube boilers
no. of pulverizers _.
Orders, new, unit system—
Fire-tube boilers
no. of pulverizers ._
Furnaces and kilns. ..no. of pulverizers..
Water-tube boilers
no. of pulverizers. .
Stokers, large, mechanical, new ordersNumber
Power
horsepower—
Machine tools:
Orders —
New
1922-1924=100..
Unfilled, end of month
1922-1924= 100. .
Shipments
1922-1924= 100. .
Pumps:
Domestic, water, shipments—
Pitcher, hand, and windmill-no, of units..
Power, horizontal type
__no. of units. .
Measuring and dispensing, shipmentsGasoline—
Hand operated
no. of units..
Power
__no. of units..
Oil, grease, and other —
Hand operated
__no. of units. .
Power
-no. of units _
Steam, power, and centrifugal —•
Orders —
New
thous. of dolls..
Unfilled, end of month __thous. of dolls _ _
Shipments
. . _ _ . ___thous. of dolls..
Water-softening apparatus, shipments
.
number of units..
Wrater systems, shipments.. .number of units..
Woodworking machinery:
Orders—
Canceled
. .thous. of dolls..
New
thous . of dolls . .
Unfilled, end of month
thous. of dolls..
ShipmentsQuantity
number of machines..
Value
- thous. of dolls..
NONFERROUS METALS AND
PRODUCTS
Metals
Aluminum:
Im ports, bauxite
short tons _ .
Wholesale prices—
No. 1, virgin, 98-99, N. Y
dolls, per lb_.
Scrap, cast, N. Y
dolls, per l b _ _
Babbitt metal:
Production total
thous. of Ibs _
For own use
thous. of Ibs..
Sales
thous. of Ibs. _
'Copper:
Exports refined
short tons
Imports, total.
.short tons..
Ore and blister
short tons
Price, electrolytic, New York. .dolls, per lb__
Production—
Blister world
short tons
Mines United States
short tons
Refined (North and South
4.merica)
short tons
Smelter United States
short tons
Shipments domestic refined
short tons
Stocks, end of month (North and South
America)—
Blister
short tons
Refined
short ton*5
3
 Revised.



1,495
91
830
574

1, 738
215
831
692

1,622
139
852
631

1, 796
104
889
803

1,449
88
621
740

1,516
81
620
815

1, 576
98
630
348

1,387
85
6i2
660

1,108
75
514
519

753
30
361
363

703
69
388
246

691
67
385
239

397
46

274
1,420
416

307
1,413
310

261
1, 264
410

160
990
435

91
736
345

84
581
235

73
497
157

44
435
102

70
372
138

65
383
40

56
396
57

52
411
37

137
47, 751
5Q, 557

278
125, 550
101, 745

293
142,692
115,809

220
109, 245
122, 189

192
90, 904
142, 143
'

203
85, 526
73, 163

132
63, 032
81, 465

165
71,451
62, 493

104
48 243
65,714

140
59 907
48, 045

82
32 921
36, 332

143
53, 188
58, Oil

168
76, 179
69, 073

13.8
24.4
21,4

57. 7
180,1

by. 7

54.1
123. 8
118.6

40.9
70.1
90.4

33. 7
51.8
55. 7

16.9
32.1
37.4

31.9
35. 6
29. 6

45.9
56.8
26.2

17.2
40.8
32.9

26.3
36.5
24.9

20.5
29.1
28.8

32.9
41.3
15.7

27.9
32.1
38.3

4,250
512
4,206
9,334

5,528
1, 399
5, 248
10, 036

5, 132
969
5, 562
8, 553

6, 046
971
6,044
9, 193

S, 010
1, 490
7, 491
10, 113

10, 621
2,076
10, 035
10, 155

12, 329
1, 869
12, 536
9,748

13, 542
1, 177
14, 234
8,326

5,852
616
6, 413
8 860

3,566
378
3,804
9 190

3, 570
305
3,643
9 574

3,432
369
3,368
9,724

4,055
468
3, 956
9,399

0
0

0
2

0
0

0
0

0
0

.
0

8

0
1

0
0

0
0

0
0

0
0

0
0

0
0

1
1
9

o

1

4
3
14

5
1
11

4
I
4

4
1
3

2
0
1

0
0
5

1
2
2

0
2
7

0
0
12

^0

39
7,614

65
18, 723

80
23, 646

111
29, 889

101
20, 735

128
29, 971

96
22, 462

83
20, 339

62
13, 231

48
11,072

54
25, 372

32
9,447

39
17, 576

41
63
51

105
238
91

232
96

74
212
95

62
202

72
182
96

56
140
92

45
97
85

51
97
50

68
104
57

59
108
47

38
97
44

33
64
52

25, 607
534

29, 153
2,163

26, 772
2,154

33, 574
2,253

35, 260
2,331

29, 619
2,224

25, 984
1, 084

22, 926
1,057

17, 703
864

19, 458
376

22, 554
343

18, 090
446

17, 866
531

2,674
6, 228

6,593
13, 295

4,927
9,880

4,423
7,644

3,378
6 252

2,810
4,939

3, 366
5, 627

2,280
4,311

2,203
3, 893

2,101
4,272

2 1, 875
5, 174

J 2, 643
5,306

28, 230
649

47, 130
1,413

46, 239
1,677

44, 015
1,504

27 217
1 501

22, 579
1,562

27, 639
1,664

24, 051
619

19, 770
506

17, 849
1, 151

18, 706
411

222,135
508

_

31

2

449
1, 726
592

1,075
2,762
918

921
2, 605
1,037

875
2,471
1,028

874
2,441
944

775
2,449
800

599
2,161
886

563
2,023
696

475
1,852
627

561
1,680
700

449
1,726
390

508
1,802
426

598
1, 878
520

329
5,984

692
7, 863

605
9,336

567
9,006

525
7,936

429
8, 119

500
6,909

518
6,267

458
5,237

370
4,009

268
5,245

321
4,224

363
3,934

13
150
237

10
484
518

21
487
516

46
503
479

16
533
534

6
447
356

7
345
336

8
377
340

3
312
405

6
310
325

6
209
275

5
220
249

5
246
302

130
199

356
451

393
513

391
463

421
448

513
572

331
379

371
347

200
257

271
361

196
248

179
250

147
195

18, 740

24, 074

33, 418

19, 480

29, 873

37, 620

19, 602

23, 906

17, 485

23, 340

36, 838

26, 126

19, 054

.2290
.0411

.2290
.0488

. 2290
.0438

. 2290
.0438

.2290
.0424

.2290
.0400

.2290
.0400

.2290
- . 0393

.2290
. 0388

.2290
.0388

.2290
.0398

.2290
.0413

.2290
.0413

1, 414
359
1,055

2,513
716
1,797

2,377
731
1,647

2 278
702
1,576

1 905
511
1,393

1 751
404
1, 347

1, 823
497
1,326

2,018
552
1,466

1,846
607
1,239

1,624
577
1,048

1,744
463
1,281

1, 577
434
1,143

1,595
407
1,189

16 142
17, 910
8,800
.0557

24, 179
21, 549
16, 326
.0939

22 951
21, 461
17,213
.0867

23 ?44
25, 413
17 136
.0803

22 381
20, 739
17 374
.0770

19 271
19, 447
14 204
. 0729

17 201
25, 279
18, 077
.0699

11, 429
28, 630
17, 668
.0678

15, 215
28, 467
11,974
.0656

13, 599
40, 186
21, 348
.0658

16, 831
39, 078
15, 132
. 0706

17, 572
27, 814
12, 020
.0597

15, 432
22, 521
2 11,632
.0576

128 877
46 452

130 486
45 580

126 722
44 473

121 504
38* 228

121 651!
38 925

120 689
38 088

100 501
52, 085
54 567

102 695
53 734
45 265

98 975
5l' 652
50 217

98 408
46* 503
43 144

90 190
47' 246
45 816

86 704
47' 012
40 459

193 876
367 921

190 578
398 667

187 353
413* 474

179 658
440* 417

176 105
455 775

178 425
479? 896

SURVEY OF CUEEENT BUSINESS

June, 1932

1932

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

1931
April

May

July

June

1932

|
1

April

49

August

Decem- January Februrr- October |>™
ber
ary

S

March

METALS AND MANUFACTURES — Continued
i

N ON FERROUS METALS AND
PRODUCTS— Continued

|

i

Metals— Continued
Gold. (See Finance.)
Lead:
I
OreReceipts in U. S. ore
,
short tons__
34, 694
35,677
Shipments, Joplin district
short tons.-! ~"I~452~
1,881
1,995
Refined5. 892
3, 906
5,397
Imports
short tons..
. 0300
. 0441
Price, pig desilverized, N, Y.dolls. per lb_. 0382
23, 23G
Pvoduction
__ _
short tons
35, 498
39, 519
Shipments, reported
short tons.. 26, 081 35, 324 34, 081
Stocks end of month
short tons
169, 370 133, 457 142, 370
Silver. (See Finance.)
Tin:
3, 440
Deliveries
.long tons_.
5, 505
6, 630
3,100
Imports, bars, blocks, etc
long tons..
5, 483
6,126
. 1924
Price Straits N Y
dolls per Ib
. 2320
. 2512
Stocks, end of monthWorld, visible supply
__long tons.. 50, 716
48, 462 51, 231
3, 546
United States
_
long tons
5, 698
6,212
Zinc:
Ore, Joplin districtShipments
short tons
18, OOS 27, 261
22, 470
85, 010
Stocks, end of month
short tons
65, 480
61,110
Price, slab, prime western (St.
. 0273
.0331
Louis)
dolls, per Ib
.0372
Production, total (primary)
short tons.. 20, 620 29,137 25, 688
Retorts in operation, end of mo
number „ 20, 796
20, 624
26, 672
Shipments total
short tons
18,046
25, 851
27,418
18,046
Domestic
short tons
27, 418 25, 831
Stocks, refinery, end of month.. .short tons_. 132, 025 143,212 143, 049

32,551
1, 432

30, 136
2,290

33, 385
3, 064

3,557
. 0392
30, 708
37, 054
139, 698

6, 522
. 0440
32, 157
42,219
133, 958

1,428
.0440
34, 144
38, 5<JO
134, 977

5, 185
4, 698
. 2341

5, 100
5, 587
. 2502

5, 270
5, 249
.2575

51, 626
5,633

51,707
5,838

14, 395
70, 935

32, 788
1,524

28,406
1,401

28,611 31,279
1,278 | 5, 722

29, OSfi
2,110

25, 807
2, 330

6,794
1,899
.0396
.0440
31,966 ! 36, 546
34, 276
38, 059
132, 804 139, 790

2, 135
. 0394
31,671
31,216
144, 057

6, 866
2, 376
.0379
. 0375
33,576 \ 32, 180
30, 297 27, 867
151,380 160, 257

1,816
.0371
28, 081
26, 319
165, 933

3,035
. 0315
30, 345
31,162
169, 091

5,015
4,882
.2468

5, 385
5, 607
. 2276

3, 550
5, 301
.2281

3, 380
2,130
. 2135

3, 550
2,412
.2184

2, 825
2, 254
.2203

3,285
2, 497
.2186

50, 987
6, 213

50, 722
5, 868

50, 602
6,773

50, 583
7, 458

51,313
6, 254

50, 043
5,342

51, 300
4, 578

50, 780
3,841

12, 059
76, 566

20, 243
79, 533

17,113
81, 190

19, 446

14, 854
85,610

16, 228
83, 000

12, 071

14, 482
87,917

12, 239
86, 998

.0342
23, 483
19, 022
27, 604
27, 604
138, 928

.0389
21,365
19, 266
28, 460
28, 440
131,833

.0382
21, 467
19, 305
23, 599
23, 599
129, 701

.0374
21,327
20,417
20, 860
20, 860
130, 168

.0338
21,548
21, 374
21,181
21, 181
130, 535

.0321
20, 443
19,428
19, 963
19, 963
131,015

.0315
21, 868
19, 875
23, 041
23, 041
129, 842

. 0301
22, 516 2
22, 044
21, 752
22, 444
21,896
22, 413 21,896
129,
534
129, 914

i°l

.027
22, 493
22, 016
22, 576
22. 576
129, 451

2,447

2,777

4,487

3, 356

2, 005

1,782

1,384

2, 258

1,831

1,385

1,732

1,956

3, 975

1,231

1,862

1,513

1,277

3,610

1,982

33,228
2,911

Electrical Equipment
Conduits, nonmetallic, shipments.thous. of f t _ _
Delinquent accounts, electrical trade. (See
Domestic Trade.)
Furnaces, electric, new orders
kilowatts..
Electrical goods, new orders (quarterly)
thous of dolls
Laminated phenolic products, shipments
dollars
408, 410
Mica, manufactured:
Orders, unfilled, end of
month
thous of dolls
Shipments
thous of dolls
Motors (direct current) :
Billings (shipments)
dollars
Orders, new
dollars
Panelboards and cabinets, shipments
183
.
thous. of dolls
Porcelain, electrical, shipments:
Nail knobs
thous. of pieces. _
Tubes
.thous. of pieces _
32,451
Special
dollars
19,874
Standard
.
dollars
698
Power cables, shipments
thous. of ft..
Power switching equipment, new orders:
Indoor
dollars
Outdoor
dollars..
Reflectors industrial sales
units ~~34~ 538"
Vacuum cleaners, shipments
number..
Vulcanized fiber;
838
Consumption
thous. of Ibs .
249
Shipments
thous of dolls
Welding sots, new orders:
Multiple operator
units
s
ingle operator
- units. _

5, 112

4,091

1,791

2,680

1,111
99, 351

151,586

157 304

224, 348
626, 382

706, 642

633,321

618, 820

632, 476

639, 267

570, 466

430, 425

436, 190

413, 424

363, 097

454, 917

138
135

119
128

97
92

100
81

87
103

81
79

73
76

81
73

69
73

73
94

75
86

65
86

473, 767
536, 272

455, 325
440, 476

450, 165
402, 130

360, 444
377, 129

365, 877
299, 081

365, 930
413, 864

387, 770
311,793

276, 905
248, 265

414, 642
354, 236

231, 826
150, 148

300, 456
251,509

286, 353
207, 778

324

339

338

336

367

326

333

245

248

211

193

195

3,425
890
76, 313
52, 009
1,619

4,384
1,309
78, 983
57, 462
1,303

2,191
592
77, 194
41, 331
1,106

2,044
516
66, 906
33, 042
890

2,544
971
74, 183
38, 303
840

3,132
869
82, 485
42, 562
806

3,818
1,000
84, 617
40, 171
1,137

2,263
509
63, 044
29, 447
973

1,195
424
38, 748
19, 483
743

1,274
475
44, 699
25, 332
537

1,561
369
54, 941
25, 320
623

966
255
37, 840
17, 183
958

111,875
216, 145
72, 003
79, 527

73, 567
208, 713
67, 256
70, 303

52, 697
240, 081
66, 188
43, Oil

47, 041
360, 325
61, 794
35, 447

48, 707
175, 629
56, 735
37, 952

40, 586
188, 043
54, 691
47, 142

37, 547 39, 191
244, 122 323, 412
59, 103 43, 287
59, 074 67, 643

36, 686
197, 708
45, 000
50, 602

28, 777
116, 112
46, 261
40, 044

30, 854
85, 660
38, 748
37, 101

28, 626
69, 941
41, 322
51, 120

1,475
432

1,541
419

1,624
402

1,783
344

1,345
348

1,407
332

1,398
313

1,057
262

1,003
246

872
270

1,269
301

1,131
261

2
134

0
120

0
80

0
115

0
108

0
89

2
122

0
83

3
88

7
91

8
169

0 ;
165

Miscellaneous Products
Brass and bronze (ingots and billets) :
2,081
Deliveries
.
net tons..
Orders, unfilled, end of month
net tons_. 18, 403
Brass sheets, wholesale price, mill
.125
dolls, per l b _ _
Copper, wire cloth:
OrdersMake and hold-over, end of month
thous. of sq. ft_.
548
264
New
_ thous. of sq. ft .
142
Unfilled, end of month
thous. of sq. ft._
280
Production
thous. of sq. ft
285
Shipments
. .thous. of sq. ft. _
981
Stocks, end" of month
thous. of sq. ft._
Fire extinguishing equipment. (See automobiles.)
Galvanized sheet metal ware:
Pails and tubs —
Production
dozens of pieces
Shipments....dozens of pieces..!.
OtherProduction
dozens of pieces '-•
Shipments.
dozens of pieces..!




4,238
21, 998

4,220
20, 817

3,584
22, 706

3,529
21,510

3,186
21, 202

3,109
20, 073

3,502
20, 968

2, 694
21, 753

2,752
21, 067

2,728
20, 014

2,145
19, 390

2, 014
19, 245

.172

.165

.158

.157

.154

.152

.130

.130

.130

.133

.130

.125

554
299
174
340
297
1,096

514
275
302
256
277 !
1,073 i

560
275
145
253
274
934

546
328
158
302
324
898

504
326
134
330
330
889

509
339
135
333
316
911

522
308
129
338
312
910

583
366
160
312
254
953

592
274
114
257
285
1,031

571
340
164
204
289
880

595
304
165
366
280
965

613
267
117
317
285
998

\
:
i
!
i
:

143, 258
140, 080

121,413
122, 072

92, 460
88, 979

103, 345
114, 134

134, 003
129, 693

110, 253
120, 851

98, 340
88, 270

67, 145
72,011

72, 558
63, 163

87, 096
88, 382

110,474
105, 966

121, 322
124, 356

34, 929
42, 287

28, 390
34, 188

26, 304
28, 724

26, 970
27, 334

34, 709
32, 764

32, 276
36, 007

26, 626
27, 792

15, 760
16, 087

11, 758
9,406

13, 612
13, 254

21, 472
19, 354

24, 063
21, 736

SURVEY OF CURRENT BUSINESS

50
Earlier data, together with explanatory
footnotes, may be found in the 1932
Annual Supplement to the Survey

1932
April

June, 1932

1931
April

May

June

| July

A ugust

1932
SC

?erm"l°ctober

Novem- Decem- January
^- \ March
ber
ber

PAPER AND PRINTING
WOOD PULP
Chemical:
Consumption and shipments,
total
short tons
Soda
short tons
Sulphite, total
_
short tons
Bleached
short tons
Unbleached
_ _ _ _ .short tons
Sulphate
short tons
Other grades
- - - short tons
Imports
_
.
short tons..
Price, wholesale, sulphite, unbleached
dolls per 100 Ibs
Production total
short tons
Soda
short tons._
Sulphite total
short tons
Bleached
short tons
Unbleached
_
.
short tons .
Sulphate
short tons..
Other trades . _
short tons _
Stocks, end of month, total
short tons__
Soda
short tons__
Sulphite, total
_
._ .short tons..
Bleached
short tons
Unbleached
_
..short tons..
Sulphate
short tons
Other grades
. .short tons .
Mechanical (ground wood) :
Consumption and shipments
short tons
Imports
short tons..
Production
.short tons
Stocks, end of month
short tons..

59,411

1.58

14, 710

183, 298
27, 412
115, 960
37, 272
21, 178
39. 082
844
77, 513

177, 314
25, 960
110, 722
37, 440
19, 020
39, 590
1,072
78, 695

175, 460
23, 572
111,282
38, 080
16, 790
39, 828
778
112, 822

168, 030
23, 502
105, 294
35, 448
17, 544
38, 156
1,078
120, 070

170, 586
24, 278
108, 924
37,818
19, 026
36, 630
754
116, 981

163, 412
21, 558
105, 666
35, 784
16, 698
35, 202
986
123, 374

170, 442
19, 876
112, 224
37, 090
21, 170
37, 174
1,168
115, 179

162, 556
18, 088
109, 796
34, 116
22, 634
33, 828
844
170, 986

155, 446
22, 086
103, 600
33, 632
20, 628
28, 956
804
112, 680

172, 756
23, 322
114, 456
37, 384
22, 624
34, 024
954
193, 954

175, 652
22, 738
117,318
39, 004
25, 026
34, 704
892
171, 944

185, 970
23, 148
127,914
43, 770
25,818
34, 184
724
80, 000

2.15
186, 266
28, 102
115,974
36, 092
21, 076
41, 292
898
33, 506
4,414
18, 734
4, 196
3,936
9,594
764

2.15
180, 454
27, 230
110, 840
38, 262
19, 494
41,870
514
32, 460
4,480
18, 698
5, 018
4, 256
9, 076
206

2. 15
181, 756
24, 834
115, 200
39, 048
19, 092
40, 948
774
33, 944
4, 660
21, 558
5, 986
5,500
7, 524
202

2.15
172, 456
24, 362
107, 664
35, 262
17, 924
39, 228
1, 202
34, 504
4,502
23, 626
5,800
5,578
6,050
326

2.15
172, 350
25, 508
107, 430
37, 736
16, 922
38, 522
890
34, 176
4,620
23, 710
5, 718
5,052
5,384
462

2.15
168, 89i
21, 528
109, 558
36, 232
19, 800
36, 866
942
34, 456
3, 598
25, 836
6,166
6,388
4,604
418

2 15
171, 186
21, 226
109 894
37, 080
19, 814
39, 004
1,062
32, 416
4,058
24, 198
6,156
5,724
3, 848
312

2.15
171, 574
19, 336
114. 846
35, 016
26, 108
36, 624
768
36, 684
4,516
27 788
7,' 118
7,402
4,144
236

1.81
160, 680
22, 682
105, 802
32, 858
22, 908
31, 276
920
36, 668
4,124
27, 844
6,344
7,536
4,348
352

1.58
175, 936
23, 998
115,256
36, 202
25, 136
35, 686
996
33, 750
3,762
25, 924
5,162
7,328
3,670
394

1.58
178,312
23, 878
116, 298
39, 482
24, 376
37, 006
1,130
32, 326
3,890
24, 274
5,640
6,048
3,530
632

1.58
192, 934
24, 212
129. 722
43,214
28, 752
38, 228
772
32, 926
3,910
23, 386
5,084
6,286
4,950
680

116,914
23, 136
136, 438
93, 131

118, 157
12,851
136, 858
111,832

118,371
13, 512
121,103
115, 235

111,463
17, 725
102, 197
103, 975

100, 180
14, 433
87, 638
91, 434

106, 094
18, 750
96, 920
82, 260

110,715
21, 842
104, 788
76, 332

113, 483
21, 066
120, 963
83, 845

110, 035
22. 757
112,954
86, 765

110, &03
17, 339
113,174
89, 135

101, 409
19 127
102' 095
89, 822

110,983
11, 249
114,066
92, 905

643, 056
74
643, 146
414, 054

638, 510
72
639, 712
416, 077

621,411
71
615, 877
415,681

607, 700
70
606, 847
413,011

591,414
67
596, 623
408, 345

587, 543
70
589, 218
406, 067

596, 459
67
604, 007
397, Oil

526, 944
65
527, 205
408, 035

503, 789
59
506, 410
405, 942

556, 951
64
574, 197
424, 406

549, 122
66
572, 065
414, 200

598, 913
66
599, 597
421, 104

76
68

70
67

52
65

58
60

53
61

57
57

56
58

55
58

53
59

52
66

58
66

52
61

6
117, 374
79
118, 782
87, 395

6
117,609
78
113, 140
92, 464

6
113, 022
77
111,327
90, 985

6
5
106, 015
71
107, 075
89, 984

5
5
106, 439
71
104, 097
92, 684

4
5
98, 563
69
101, 323
89, 440

4
5
102, 111
66
105, 379
85, 594

4
4
95, 576
67
103, 588
87,477

5
5
103, 509
69
105, 660
85, 115

4
5
100, 093
66
107, 668
82, 902

4
5
98, 792
69
112, 836
77, 513

107, 683
70
115,093
77, 280

206, 571

227, 125

208, 513

213, 686

200, 138

205, 084

209, 903

172, 830

146, 368

177, 610

173, 395

190, 472

224, 021
45, 541
230, 537
67.8
227, 806
81, 784

236, 173
49, 968
232, 020
77.8
231, 746
82, 058

223, 990
50, 630
224,110
70.3
223, 328
82, 840

221, 048
49, 698
222, 927
69.6
221, 980
S3, 787

215, 752
47, 206
213,614
65.9
218, 244
79, 157

235, 382
61,327
221, 684
70.9
221, 261
79, 580

218, 527
61, 365
218, 157
64.8
218, 489
79, 248

181, 500
62, 933
186, 776
61.7
179, 932
86, 092

138, 042
36, 345
163, 539
49.8
164, 630
85, 001

189, 131
43, 862
182, 306
56.8
187, 118
80, 189

188, 734
42, 589
186, 756
58.2
190, 007
76, 938

195, 333
35, 173
205, 737
60.1
202, 749
79, 926

167, 478

182, 812

169, 570

166,006

148, 012

149, 029

151, 658

158, 674

172, 761

168, 422

163, 522

163, 196

25, 026

39,209

50, 558

47, 052

47, 549

45, 386

36, 055

42, 181

28, 192

30, 537

34, 219

38, 275

152, 360
205, 838
205, 752
39, 754

185, 432
202, 607
202, 280
39, 962

189, 739
193, 971
194, 144
39, 832

157, 205
182,731
175, 350
47, 288

160, 175
165, 124
162, 303
49, 128

161, 171
178,412
178, 181
50, 451

171, 031
184, 252
191,725
42, 963

171, 151
175, 643
173, 601
48, 735

161, 835
165, 173
165, 017
54, 214

172, 914
171,321
171,843
53, 683

142, 445
158, 543
150, 951
61, 195

171,651
166, 758
163, 806
63, 548

174, 325
175, 242

179, 836
192, 688

161, 265
188, 919

157, 119
173, 457

146, 249
157, 037

152, 422
159, 946

173, 852
180, 230

174, 092
176, 228

160, 146
168, 087

151, 181
166, 516

142, 883
127, 089

156, 205
151, 786

57.00
102, 450
70
101,819

57.00
101, 202
69
102, 555

57.00
101, 086
68
100, 087

57.00
99, 548
67
97, 225

57.00
88, 344
59
89, 047

57.00
91, 241
64
90, 303

57.00
97, 117
63
98, 616

57.00
94, 149
66
93, 723

57.00
93, 861
63
93, 550

53.00
94, 247

53.00
87, 157

53.00
100, 034

94, 550

86, 638

94, 282

34,289
185, 560
45, 352

32, 956
178, 333
44, 859

33, 906
189, 990
39, 041

33, 616
203, 944
34, 566

32, 607
202, 121
30, 879

33, 517
197, 716
34, 379

31, 953
190, 367
38, 022

32, 398
187, 839
42,064

32, 709
195, 505
40, 495

32,406
192, 817
37, 612

32, 925
191, 666
38, 913

38, 677
175, 566
34, 570

32, 451
67
33, 100
62, 459

30, 793
64
31, 501
61, 758

29, 364
59
28, 395
62, 725

26, 408
55
27, 728
59, 723

26, 386
55
27, 441
58, 658

26, 443
55
27, 606
57, 489

27, 793
56
29, 071
54, 398

27, 031
50
27, 734
57, 349

27, 371
48
27, 043
56, 735

32, 126
64
33, 347
55, 516

31, 558
65
33, 767
55, 288

33, 228
63
32, 563
56, 026

79, 261
91
80, 371
76, 582

78, 377
88
76, 888
78, 107

78, 174
87
76, 845
76, 051

78, 074
88
78, 777
75, 146

78, 360
90
76, 479
77, 047

72, 107
81
69, 151
80, 021

73, 347
79
72, 027
81, 318

61, 902
77
63, 821
79, 521

57, 739
65
60, 280
76, 991

70, 344
80
71, 329
76, 035

67, 451
80
70, 082
73, 425

69, 779
76
72, 361
70, 821

80, 983
81, 268
71, 545

78, 509
83, 882
68, 734

75, 655
75, 895
69. 174

74, 728
74, 062
70. 755

78, 271
81,315
68. 192

77, 505
79, 574
68. 020

77, 934
80, 425
64. 500

78, 702
74, 423
95. 091

71, 252
70, 272
96. 818

77, 835
77, 408
80, 185
78, 735
97. 358 i 98.111

82, 452
82, 549
98. 374

PAPEH
Total paper, incl. box board and newsprint:
Production
short tons
Per cent of capacity ..
Shipments
short tons
Stocks, end of month.
short tons..
Book paper:
Orders, new—
Coated
p. ct. of normal production. _
50
Uncoated
p. ct. of normal production..
55
Orders, unfilledCoated
days' production
3
Uncoated
. .days' production..
5
Production
short tons..
Per cent of capacity
Shipments
short tons
Stocks, end of month
_ _ .short tons 1
Box board:
Consumption, waste paper
.short tons _
OrdersNew
_
short tons..
Unfilled, end of month
short tons
Production
_
short tons
Operations, per cent of capacity.
Shipments
short tons._
Stocks, end of month
short tons..
Stocks of waste paper, end of month —
At mills
. short tons..
In transit and unshipped purchases
short tons
Newsprint:
CanadaExports
short tons..
Production
short tons._ ~176,~666~
Shipments from mills
short tons__ 186, 443
Stocks, at mills, end of month. short tons.. 53, 904
United StatesConsumption by publishers
short tons.. 148, 351
Imports
short tons
165, 300
Price, rolls, contract, destination, N. Y.
basis
dolls, per short ton
53.00
Production, total.
short tons.. 91, 235
Per cent of capacity
Shipments from mills
short tons.. 94, 296
Stocks, end of month—
At mills
short tons.. 35,417
At publishers
short tons.. 188, 207
In transit to publishers
short tons._ 33, 295
Writing (fine) paper:
Production
short tons .
Per cent of capacity
Shipments
short tons..
Stocks, end of month
short tons..
Wrapping paper:
Production
short tons..
Per cent of capacity
Shipments
short tons
Stocks end of month
short tons
All other grades:
Production _ __ _ _ _
short tons
Shipments
short tons
Stocks, end" of month
short tons




4

SURVEY OF CURRENT BUSINESS

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

1932

51

1931

April

April

May

June

July

August

1933

j1
Se

b£H October

Novem-

D

n

^ -j January!™™-

March

PAPER AND PRINTING—Continued
PAPER PRODUCTS
Abrasive paper and cloth, shipments:
Domestic
._
__
_
reams _
Foreign
reams
Binders' board, production
short tons..
Paper board shipping boxes:
Operating time, total
..p. ct. of normal-Corrugated
p. ct. of normal-Solid
fiber
p. ct. of normal-Production, total
thous. sq. ft..
Corrugated
thous. sq. ft
Solid
fiber
thous. sq. ft_.
Rope paper sacks, shiprnen ts._ 1921-1922 =100- .

41, 643
5,628
1,219

65, 452
9 525
1,809

62, 268
8 218
1,486

54, 431
8 705
1,535

51, 948
7 832
2,069

54 721
7 119
1,695

53, 373
6 552
1,560

53 348
6 942
1,224

38 272
5 323
1,320

35, 433
6 376
1,301

46 061
5 365
1, 236

46, 700
5 323
1,298

44, 820
7 648
1,366

70
72
63
446, 653
360 998
85, 655

78
81
67
504, 483
401 874
102, 609
60

79
84
65
517, 708
417 407
100, 301
55

79
81
71
516, 036
416 282
99, 754
44

76
78
68
497, 613
402 031
95^ 582
65

77
80
68
556, 085
449 285
106, 800
67

79
82
71
552, 650
448 910
103, 740
75

77
81
66
540, 293
438 296
101, 997
69

67
70
57
429, 315
346 527
82, 788
64

58
59
54
366, 440
286 897
79, 543
49

64
67
56
426, 371
344 994
81,377

73
74
68
459, 436
374 636
84, 800

75
77
65
482, 114
390 279
91, 835

39, 001

48, 877
860
640
220
97

55, 266
886
708
178
96

48, 322
703
586
117
84

50, 357
718
568
150
77

45, 455
964
770
194
76

47, 351
882
735
147
83

57, 819
1 227
1,070
157
79

48, 309
827
724
103
83

44, 919
798
656
142
82

51, 660
662
541
121
84

48, 751
757
639
118
86

46,557
781
675
106
84

9,428
8,734

10 284
11 079

11 587
10, 585

10 514
10, 382

10 321
9 997

10 511
10 501

10, 275
11, 241

10 663
10 664

9 974
9,546

8,096
9,313

9 261
9,201

8,654
8,456

8,906
9,783

PRINTING
Blank forms, new orders
thous. of sets..
Book publication total
no of editions
New books
no. of editions
New editions
no. of editions _
Operations (productive capacity) . 1923=100-Sales books:
Orders new
thous. of books
Shipments
_
thous. of books

RUBBER AND RUBBER PRODUCTS
CRUDE AND SCRAP RUBBER
Crude:
Consumption, total --.longtons.For tires
long tons
Imports, total, including latex
long tons__
Price, wholesale, smoked sheets, N. Y.
dolls, perlb-.
Shipments world
long tons
Stocks, world, end of month
long tons__
Afloat, total _
long tons _
For U. S
long tons
London and Liverpool
long tons
British Malaya
long tons..
United States
long tons
Reclaimed rubber:
Consumption
long tons .
Production
.
__
. _ _ .long tons _
Stocks, end of month
long tons. _
Scrap rubber:
Consumption by reclaimers
long tons _
Stocks, at reclaimers, end of mo long tons

30, 655
20, 097
44, 908

34, 792
23 847
35, 844

34, 883
22 893
46, 939

29, 382
20 849
44, 052

25, 379
16 175
39, 033

21, 747
13, 328
38, 933

20, 495
12, 666
41, 398

21, 108
11, 572
45, 103

19, 696
11, 267
53, 818

25, 725
16, 451
33, 552

27, 611
14, 744
28, 298

25, 602
13, 594
45, 588

635, 000
271,849
53, 849
123, 400
90, 945
347, 215

.064
62 617
520, 232
75, 200
56 700
138, 861
81, 960
224,211

.064
67 815
531, 516
91,334
73, 564
140, 394
80, 383
219, 405

.063
61 319
536, 982
87, 861
69 421
137 046
86, 729
225 346

.063
66 051
549, 127
86 833
66 873
136 150
90, 398
235 746

.054
63 651
550, 580
80 349
61 469
136 988
88 616
244 627

.050
64, 788
554, 458
78, 620
62, 420
134, 304
83, 182
258, 352

.050
71 487
582, 000
86, 227
68, 427
133, 520
86, 503
275, 750

.046
70, 562
606, 197
97, 013
77, 443
130, 169
84, 710
296, 305

.046
59 466
619, 906
74, 080
53, 940
127, 149
96, 677
322, 000

.044
66, 424
630, 267
75, 402
56, 312
125, 332
103, 774
325, 759

.039
59, 564
636, 206
87, 891
68, 971
126, 036
100, 379
321, 900

.033
62, 598
634, 513
2 76, 390
58, 920
125, 065
94, 401
337, 127

4,393
5,277
15, 283

9,161

14,' 685

10, 220
12, 535
14, 471

10 175
13 082
14, 804

8 929
10 596
14, 176

7 778
9*402
13' 732

6,967
8,955
13, 781

6,338
8,818
14, 273

5,843
7,340
14, 130

5,313
8,255
15, 406

6,583
8,140
14, 970

6,499
8,120
14, 927

5,788
8,010
15, 781

33, 125

32 928

47 666
33 596

32 878

33 516

36, 959
34, 363

33, 146

30, 118

28, 740
31,988

29, 654

27, 676

3,955
3 946
3,804
8,025

4,543
4 332
4 197
8,250

4,538
4 458
4 320
8 358

3,941
4 370
4 244
7 936

3,125
3 968
3*845
7 117

2,538
3,145
3,034
6,527

2,379
2,281
2,185
6,640

2,001
2,310
2,223
6,335

2,115
2 225
2,171
6,220

2,770
2,602
2,545
6,329

3,097
2,042
1,973
7,338

2,937
2,363
2,281
7,902

12
15
14
64

11
16
14
61

10

15
14
57

13
16
15
55

12
16
15
51

10
13
12
46

11
14
13
43

9
10
10
42

10
11
10
39

9
9
9
37

10
10
9
37

9
9
9
37

3,693
3 709
3, 610
8 330

4,330
4 225
4,135
8 439

286
318
228
403

3,964
4 665
4 569
7 672

548
240
158
019

2,759
3,320
3,247
6,476

2,462
2,250
2,187
6,657

1,955
2,076
2,022
6, 496

2,078
2 213
2,172
6,338

2,719
2 803
2,761
6,175

3,057
2,182
2,135
7,008

2,802
2,149
2,094
7,558

15, 244

18, 010

17, 085

15, 140

11, 745

9,585

9,263

8,361

7,981

12, 156

12, 518

11, 292

23, 877
38, 454

.030

12 338

29, 762

TIRES AND TUBES
Pneumatic casings:
Production
thousands..
Shipments total
thousands
Domestic
thousands
Stocks, end of month _ .
thousands
Solid and cushion tires:
Production
.thousands
Shipments total
thousands
Domestic
thousands
Stocks end of month
thousands
Inner tubes:
Production _
thousands _
Shipments total
thousands
Domestic
thousands
Stocks end of month
thousands
Raw material consumed:
Fabrics
thous. of lbs_.
Crude rubber. (See Crude Rubber.)

4
4
4
8

3
4
4
7

MISCELLANEOUS PRODUCTS
Rubber bands, shipments
thous. of lbs__
Rubber clothing, calendered:
Orders net
no. coats and sundries _
Production
no coats and sundries
Rubber-proofed fabrics, production, total
thous. of yds_Auto fabrics
thous. of yds..
70l"
Raincoat fabrics
thous. of yds..
Rubber flooring, shipments. --thous. of sq. ft—
Rubber and canvas footwear:
4,104
Production, total
thous. of pairs..
3,446
Tennis
. __ thous. of pairs..
657
Waterproof
thous. of pairs. .
5,073
Shipments, total
- . thous. of pairs. _
4, 374
Tennis
thous. of pairs. _
698
Waterproof
thous. of pairs _
Shipments, domestic, total.. thous. of pairs.. 5,010
4,333
Tennis.
thous. of pairs..
677
Waterproof
.
thous. of pairs..
Stocks, total, end of month. -thous. of pairs.. 18, 381
7,267
Tennis
thous. of pairs. _
Waterproofthous. of pairs.. 11, 115
2 Revised.




259

215

209

246

185

201

225

19T

231

206

208

223

16, 846
16, 803

19, 380
18 094

21, 161
15 419

17,932
14, 431

21 580
27 080

23, 966
22, 728

20, 925
19, 773

14, 341
23, 255

13, 654
16, 221

20, 720
10, 130

12, 388
20, 405

14, 970
17, 649

3,021
710
1,040
569

3,050
982
1,066
569

3,212
701
1,355
576

3,337
531
1,843
577

3,787
596
2, 226
595

4,692
528
2,988
595

4,112
445
2,476
550

2,529
394
1,267
462

2,074
380
931
587

2,184
339
853
358

2,448
233
883
376

2,463
312
754
422

3,693
2,591
1,102
5,341
4,199
1,142
5,119
4,049
1,070
24, 566
8,833
15, 733

3,402
2,142
1,261
4,113
3,437
676
3,942
3,316
626
23, 881
7,523
16, 357

3,921
1,999
1,922
4,094
2,757
1,337
3,886
2,657
1,229
23, 789
6,766
17, 024

2,407
836
1,570
3,272
1,645
1,627
3,030
1,520
1,510
22, 935
5,957
16, 978

3,382
1,021
2.361
4,245
1,252
2,993
4,065
1,223
2,842
22, 070
5,704
16, 366

3,934
1,012
2,922
5,706
1,335
4,371
5,448
1,263
4,185
20, 615
5,473
15, 141

4,363
1,231
3,131
5,104
633
4,471
4,907
589
4,318
19, 880
6,076
13, 804

4,217
1,443
2,773
3,720
475
3,245
3,632
446
3,186
20, 367
7,044
13, 323

4,469
2,078
2,391
4,208
734
3,474
4,054
616
3,438
20, 628
8,387
12, 241

3,557
2,496
1,061
3,990
2,374
1,616
3,962
2,353
1,610
20, 237
8,510
11, 726

3,777
3,226
552
4,454
3,411
1, 043
4, 416
3,378
1,038
19, 551
8,264
11, 287

4,787
4,187
600
4,998
4,264
735
4,943
4,216
727
19, 347
8, 191
11, 156

52

SURVEY OF CURRENT BUSINESS

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

1931

1933
April

June, 1932

April

May

June

July

1932

i Febrrj August | k'e-P^ October ;Nobv£ln- DecemJanuaryi ar >
ber

March

RUBBER AND RUBBER PRODUCTS—Continued
;

MISCELLANEOUS PRODUCTS— Con.
Rubber heels:
Production.
thous. of pairs..
Shipments —
Export
thous. of pairs.. j
Repair trade
.thous. of pairs..
Shoe manufacturers
__ thous. of pairs .
Stocks, end of month. _
thous. of pairs..
Rubber soles:
Production
...thous. of pairs..
Shipments —
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:
Total
thous. of dolls
Belting
thous of dolls
Hose
thous. of dolls
Other. .
.thous. of dolls .

;

i
'

!
i

15,408 | 15,474

17, 093

15, 361

16,293

15,827 i 14,567

11,455

578
4,038
10, 112
27, 764

612
3,975
9,693
28, 491

630
4,946
10,522
27, 898

540
4,058
11,177
27. 006

514
5,355
11,653
25.832

501
6,994
9,724
23.952

!

617
5,924
7.484
24.652

591
4, 537
6,610
25,213

2,692

2,885

3, 177

2.864

2,933

2,880 !

2,610

2,840

3,639 !

69

62

59
225
2,899
2,461

67
196
2.569
2, 475

67
234
2.790
2, 395

90
290
2.604
2, 264

45
370
2,273
2, 153

29
308
2.579
2, 180

25 !
267 :
3,196
2, 018 '

3.879
798
] , 650
1,431

3,706
914
1.436
1, 356

3.356
802
1,161
1, 393

3.015
788
1.041
1, 186

2.678
601
972
1, 105

2,300
483
856
961

2.381
474
919 i
988 !

10.00

9.75

i

255

330

2.474
2, 764

2,651
2, 655

4, 617 !
832
2, 129 !
1, 656

4, 231
790
1.857
1,584

14,138 i 12,316

14, 787

16, 368-

474
4, 622
8,198
24,405

259
4, 575
8, 748
25, 807

305
3,785
9,424
27, 933

3,411

3,461

3. 953

8
264
2,954
2, 085

3
285
2,925
2,428

2
252
3,320
2,691

2.463
483
903
1,077

2,446
483
966
997

2 638
491
1. 174
' 973-

|
290
; 3, 431
i 8,704
i 24,515

STONE, CLAY, AND GLASS PRODUCTS
BRICK
Common brick, wholesale price, red, N. Y
_
dolls, per thous—|
Face brick (average per plant):
I
Orders, unfilled, end of mo.-thous. of brick..]
Production
thous. of brick..
Shipments
thous. of brick..
Stocks, end of month*
thous. of brick..
Sand-lime brick:
Orders, unfilled, end of mo.-thous. of brick..
Production
thous. of brick..
Shipments by rail
thous. of brick..
Shipments by truck
..thous. of brick..
Stocks, end of month
thous. of brick..

10.25 j
511
192
274

9.75

784 i
533
579 I
3,698 j

383 ij
292
222 :
3.514 ;

452
197
149
3, 561

450
166
156
3,557

506
203
155
3, 601

5,232 !
3,999 !
1,698 i
3,330 |
11,119 !

8,745
3,118
397
3,630
8,677

8,700
2,188
449
2,561
9,067

8,306
1,538
165
1, 580
8,255

8,914
1,603
125
2,089
8,421

1.422 !
11,245 !
52. 1
11,184 [
29,715
13.854

1.310
5,974
26.4
4,142
24,098
7,035

!
i
I
|
|

PORTLAND CEMENT
Price, wholesale, composite
doils. per bbl_.
Production
__
thous. bbls..
Per cent of capacity
Shipments
__
-thous. of bbls..
Stocks, finished, end of month.thous. of bbls..
Stocks, clinker, end of month..thous. of bbls..

1.318
5,478
24.8
6,536
26,487
10, 501

! 1.321
j 5,026
|
22.0
i 3, 393
; 25,778 '
8,184

1.323
3,971
18. 7 .

M.318
4,847
21.3
3,118 ; 2 3,973
26,657 i 27,545
2
9,375
10, 025

GLASSWARE
Glass containers:
OrdersNew, net
thous. gross..
Unfilled, end of month
thous. gross..
Production
thous. gross..
Per cent of capacity
Shipments
thous. gross.. |
Stocks, end of month
thous. gross.. j
Illuminating glassware:
!
Orders—
i
New
per ct. of capacity..)
Unfilled, end of mo
no. weeks' supply—j
Production, total
no. of turns.-!
Per cent of capacity
—
Shipments
per ct. of capacity..
Stocks, end of month
no. weeks' supply —
Plate glass, polished, production.thous. sq. ft—

1,652
6,174
2,027
632
1,919
5,639

»1,902
29,648
22,334
271.3
22,231
25,730

1,659
6,387
1,508
47.2
1,396
5,855

2, 929
6,454
1,606
52.1
1,743
5,697

2,354
6,811
1,548
50.2
1,764
5,544

22.6
.8
1,393
20.0
22.3
3.6
5,025

28.6
.8
2,086
27.8
28.8
4.1
10,174

20.8
.7
1,774
23.7
20.7
3.8
6,093

1,463
19.5
20.2
3.8
5,500

1,301
17. 4
19.1
3.6
6,427

2,252
223

1,085
104

2,648 :
237 ;

2,097

i
i
i
;
:

1,738
6,505
1,886
56. 6
1,963
5,497
21.3
.8
1,374
19. 8
22.0
3.6
4,414

TERKA COTTA
Orders, new:
Quantity
Value

short tons.
thous. of dolls.

925
100

4,180
412

176

TEXTILE PRODUCTS
;

CLOTHING
Hosiery:
OrdersNew
thous. of dozen pairs..
Unfilled, end of
month
thous. of dozen pairs Production
thous. of dozen pairs. .
Shipments, net
thous. of dozen pairs
Stocks, end of month, thous. of dozen pairs..
Men's and boys' garments cut:
Overcoats
thous. of garments
Separate trousers
thous. of garments. _
Suits
thous. of garments ..
Rubber clothing (see Rubber products) .
2 Revised.




4,223

4,808

5,029

4,654

4, 279

4,279

4,716

5,058

4,902

4,155

4,417

4, 254

4 458

1,890
4,280
4,321
9,601

3,042
4,627
4,925
9,914

3,225
4, 719
4,772
9,864

3,201
4,572
4,561
9,990

3,511
4, 069
3,777
10, 177

3,139
4, 187
4,540
9,869

2,815
4,521 j
4, 941 1
9, 730 I

2,637
4,743
5, 115
9, 408

2,641
4,020
4,789
9,107

2, 263
4,118
4,394
9,114

2,645
4,558
3,981
9,990

2,389
4,363
4, 153
10, 003

2 043
4,522
4 723
9,486

196
2.115
2,005

138
2, 396
1,808

318
2,408
1,714

493
2,246
1,897

593
2,544
1,979

661 !
2,477 i
1,647 i

542
2,024
1,286

293
1,189
954

174
1,207
1,207

159
1,507
1,693

295
1, 601
1,763

335
1,742
2,114

' Adjusted for degrading and year, end physical inventories.

SURVEY OF CURRENT BUSINESS

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

53

1931

1933
April

April

May

June

1933

August s°£p-

July

Decem- January
October November
ber

F

%™'

March

TEXTILE PRODUCTS—Continued
COTTON
Consumption
thous. of bales
Exports:
Quantity, exclusive of
linters
thous. of bales..
Value. (See Foreign Trade.)
•Ginnings (total crop to end of
month)
thous. of bales..
Imports. _ .
.
--thous. of bales. .
Prices:
To producer
dolls, per lb._
Wholesale, middling, N. Y
dolls, per lb__
Production crop estimate
thous of bales
Receipts into sight
thous. of bales
Stocks, end of month:
Domestic, total mills and warehouses. _ _
_ _ __thous. of bales
Mils
-thous. of bales
Warehouses
_thous. of bales
World visible supply, total.-thous. of bales. .
American cotton
thous. of bales

367

509

465

454

451

426

464

462

429

416

435

450

545

392

336

255

259

211

558

1,014

1,071

1,181

919

970

...

14~

17~

927
2

9

566
7

5,410
5

12, 130
3

15, 024
6

15, 358
13

16, 002
13

9

16, 629
10

.056
.066

.058
.068

.062
.068

1,546

918

870

...
"

489

.057
.062

.093
.102

.088
.093

.077
.090

.085
.093

.063
.072

.059
.065

.053
.064

.061
.065

569

363

347

107

277

333

1,623

4,082

3,035

.055
.063
3 17, 096
1,819

9,697
1, 533
8,164
9,111
7,139

7,404
1,371
6,033
8,883
6,302

6,748
1, 258
5,490
8,346
5,861

6,102
1,131
4,971
7,572
5,236

5,520
996
4,524
6, 899
4,775

5,266
840
4,426
6, 435
4,498

7,072
775
6,297
7,113
5,275

10, 566
1,116
9,450
9,184
7, 299

12, 137
1,441
10, 696
10, 191
8,346

12,056
1,630
10, 426
10, 193
8,403

11, 669
1,637
10, 032
10, 398
8,572

11, 144
1,633
9,511
10, 166
8,268

10, 333
1, 566
8, 767
9,623
7,687

38, 825
11,081
12, 240

34, 914
13, 377
11,212

34, 017
10, 067
11, 195

32, 951
11, 800
10, 181

31,351
10, 295
10, 023

29, 819
10, 858
9,382

32, 943
14, 703
9, 461

32, 519
11, 574
9,832

31, 506
9,349
10, 861

31, 791
11,518
11, 350

32, 030
9,411
12, 009

31, 394
8,646
12, 436

.231
.369

.223
.353

.215
.352

.225
.352

.212
.336

.201
.326

.189
.315

.192
.312

.181
.295

.175
.290

.180
.285

.181
.284

30, 776
2,810

30, 961
3,920

34, 370
3,937

35, 272
4,326

30, 309
1,692

25, 599
2,185

29, 897
1,958

27, 210
2,551

30, 759
4,026

28, 007
2,513

30, 840
3,959

35, 610
3,925

34, 437
294, 118
56, 489
54, 395
282, 154

40, 007
248, 544
56, 348
51,401
301, 943

71, 180
330, 575
52, 033
54, 774
288, 235

39,588
277, 597
48, 136
52, 833
269, 449

41, 889
217, 508
52, 262
56, 911
250, 855

57, 542
227, 167
54,424
55, 610
244, 924

83, 420
344, 639
56, 779
54, 052
255, 833

56, 052
354, 957
57, 861
53, 472
273, 390

40, 983
322, 039
50, 938
47, 567
290, 248

84, 503
391, 150
58, 177
67, 225
254, 056

61, 396
377, 988
61, 086
64, 686
239, 654

33, 170
278, 163
57, 050
53, 135
259, 231

.053

.050

.048

.049

.043

.041

.038

.036

.034

.036

.039

.038

.059

.058

.054

.056

.052

.050

.046

.047

.044

.042

.043

.044

86, 612
72, 973

67, 704
74, 436

57, 412
77, 335

56, 153
74, 662

65, 983
71, 615

70, 138
76, 245

63, 014
78, 027

59, 501
81, 606

55, 791
76, 981

70, 341
66, 464

89, 286
73, 337

93, 145
86,429

60, 590
52
50, 394
2.7
31, 176

52, 537
51
45, 937
1.9
30, 109

51, 577
45
41, 119
1.5
27, 221

45, 831
47
45, 233
1.5
24,916

44, S82
48
44, 372
1.7
24, 483

49, 252
49
45, 782
1.6
27, 207

48, 237
48
44, 515
1.5
26, 811

40, 516
43
38, 304
1.6
22,828

48,029
41
40, 028
1.6
27, 290

44, 407
47
51, 529
2.2
27,495

55, 412
59
59, 119
2.7
31, 410

61, 919
58
53, 615
2.1
32, 173

COTTON MANUFACTURES
Cotton yarn: *
Carded sales yarnOrders, unfilled, end of mo. -thous. of lbs__ 28, 015
8,858
Production
thous of Ibs
Stocks, end of month
thous. of Ibs.. 12, 771
Prices, wholesale—
.173
22/ls, cones, Boston
dolls, per lb._
40/ls, southern, spinning
dolls, per lb-_
.280
Cotton goods:
Abrasive cloth. (See Paper Products.)
Cotton cloth:
44, 042
Exports. _.
__
thous. of sq. yds
3,514
Imports
thous. of sq. yds..
Cotton textiles —
OrdersNew (weekly average)
thous. of yds.. 25, 577
Unfilled, end of month
thous. of yds_. 218, 366
Production (weekly average) thous. of yds. . 51, 272
Shipments (weekly average) thous. of Ibs.. 40, 526
Stocks, end of month
thous. of yds_. 302, 216
Fiber consumption for tires. (See Rubber
and Rubber Products.)
Prices, wholesalePrint cloth, 64 x 60
dolls, per yd
.036
Sheeting, brown, 4 x 4 (Trion mill)
.044
_
dolls, per yd..
Cotton cloth finishing:
Printed only (mills and outside) —
Production
thous. of yds.. 57, 894
Stocks, end of month
thous. of yds.. 88, 864
White, dyed and printed (outside mills)—
Billings (finished goods)
thous. of yds. _ 49, 573
Operations
per ct. of capacity
46
Orders, new, gray yardage. -thous. of yds.. 34, 348
Orders, unfilled, end of mo
days prod..
1.6
Shipments (finished goods)
cases ._ 27, 032
Stocks, end of month (finished goods)
cases
16, 822
Spindle activity:
Active spindles
thousands.. . 23, 409
Active spindle hours, total
mills, of hrs._
5,195
Average per spindle in place
hours..
163
Operations
per ct. of capacity
70.7
BATON AND SILK
Rayon:
Imports
.
thous. of Ibs
Price, wholesale, 150 denier, "A" grade,
N. Y
dolls, per lb__
Stocks, imported, end of month..thous. of Ibs..
Silk:
Deliveries (consumption)
bales
Imports, raw...
thous. of Ibs..
Operations, machinery activity—
Broad looms .
per ct. of capacity
Narrow looms
per ct. of capacity
Spinning spindles
per ct. of capacity. .
Prices, wholesale—
Raw, Japanese, 13-15, N. Y.. dolls, per lb._
Silk goods, composite
dolls, per yd_.
Stocks, end of monthWorld, visible supply
bales..
United States—
At manufacturers
bales
At warehouses
_
bales..
* Months do not contaia




16, 677

17, 141

16, 433

16,404

18,095

17, 467

18, 321

18,887

20, 175

18,837

17, 855

18, 876

26, 669
7,125
216
94.1

26, 379
6,733
204
89.6

25, 898
6,630
202
86.8

25, 826
6,528
200
86.0

25, 623
6,193
190
81.8

25, 237
6,540
201
88.1

25, 188
6, 595
203
85.1

24, 861
6,014
186
85.8

24, 638
5,951
184
79.3

25, 014
6,214
192
84.5

25, 190
6,567
204
92.5

24, 818
6,955
217
90.1

89

295

225

202

276

299

239

107

71

91

21

32

76

.75

.75
608

.75
574

.75
531

.75
528

.75
539

.75
468

.75
474

.75
430

.75
362

.75
342

.75
338

.75
315

35, 779
4,832

41, 356
4,823

45, 073
6,520

42, 161
6,409

44, 746
6,724

46, 454
7,167

53, 819
7,331

56, 668
9,524

50, 645
9,639

48, 432
8,861

58, 793
7,020

45,909
6,503

46, 761
5,673

56.3
43.1
38.7

90.9
44.6
51.8

76.3
42.5
49.5

75.6
43.9
42.8

76.4
35.3
44.6

79.4
38.2
48.7

90.5
48.3
53.4

93.0
38.0
56.4

83.9
42.4
56.4

89.4
41.8
51.7

88.9
41.0
50.0

73.5
44.6
46.1

60.2
47.2
41.5

1.421

2.266
.99

2.266
.99

2.463
.99

2.364
.98

2.512
.98

2.315
.98

2.266
.98

2.315
.98

1.970
.96

1.953
.96

1.891
.94

1.617

215, 671

217, 460

209,923

232, 731

254, 484

277, 830

293, 148

296, 935

311, 513

281, 779

263, 325

261, 140

20, 425
35, 497

18, 206
32, 688

18, 706
37, 352

16, 990
29, 921

21, 122
41, 878

20, 044
36,099

23, 176
49, 921

23, 435
67, 275

24, 651
69, 460

25, 180
62, 905

20, 510
70, 570

27, 157
62, 675

26, 337
57, 849

same mimber of weeks.

» Revis 3d.

3

As of Dec . 1.

54

SURVEY OF CURRENT BUSINESS

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

June, 1932

1931

1933

April

April

May

i

June

1933

Novem- Decem- JanuaryJ Febru! August Septem-!
ber
bcr ! October
ber
ary

July

March

TEXTILE PRODUCTS—Continued
WOOL
Consumption, grease equivalent.thous. of lbs_.
Imports, unmanufactured
thous. of lbs_.
Operations, machinery activity:
Sets of cards
.
per ct. of capacity..
Combs
per ct. of capacity..
LoomsCarpet and rug
per ct. of capacity..
Narrow
per ct. of capacity-Wide
per ct. of capacity. _
Spinning spindlesWoolen
per ct. of capacity-Worsted
per ct. of capacity..
Prices, wholesale:
Raw, territory, fine, scoured. ..dolls, per lb._
Raw, Ohio and Penn. fleeces. ..dolls, per lb__
Suiting, unfinished worsted, 13 oz. (at mill)
dolls, per yd..
Women's dress goods, French serge, 54" (at
factory)
dolls, per yd..
Worsted yarn, 2/32s, cross-bred stock, Boston
dolls, per Ib
Receipts at Boston, total
thous. of lbs__
Domestic
thous. of Ibs
Foreign
.
thous. of Ibs

19, 954
4,186

47, 710
21, 258

44, 966
14, 168

45, 805
16, 868

53. 886
12, 987

51, 140
9,679

47, 548
11, 677

42, 990
13, 463

35, 424
6,977

31, 625
10, 536

34, 253
12, 556

34, 426
9,890

29, 384
6,422

30
36

57
82

60
97

60
107

64
115

65
115

61
109

53
74

48
86

40
65

50
69

54
76

45
52

28
21
28

44
42
54

46
45
58

40

%

38
43
64

38
45
70

40
44
63

38
39
49

30
31
45

26
26
44

28
25
51

30
22
61

31
26
48

26
29

55
57

60
66

61
73

64
83

66
78

63
70

53
49

46
51

39
49

52
53

58
51

45
37

.48
.18

.65
.22

.63
.20

.62
.20

.62
.21

.63
.23

.62
.22

.58
.21

.58
.21

.58
.21

.58
.21

.57
.21

.52
.19

1.300

1.494

1.494

1.494

1.494

1.490

1.400

1.400

1.400

1.400

1.400

1.400

1.400

.900

.968

.925

.925

.925

.925

.925

.925

.925

.925

.900

.900

.900

.87
6,526
5,414
1,112

1.00
17, 775
10, 376
7,399

1 00
30, 341
26 151
4, 190

1 00
56, 743
53 779
2, 964

1 00
79, 381
76 046
3,335

1 00
36, 850
34 445
2,405

.95
18, 707
16 595
2, 112

9,628
6 567
3,061

95
7,026
6, 163
863

.93
7,577
5,350
2, 227

93
11, 235
4 928
6,307

90
8,127
5 131
2,996

88
5,794
3 758
2 036

30, 481
21, 719

37, 732
14, 102

42, 942
18, 622

35, 453
21, 993

45, 618
18, 277

37, 504
17, 118

35, 432
17, 320

32, 428
13, 774

21, 590
19, Oil

33, 391
22, 800

30, 567
20 287

33, 041
17 131

57
55

71
61

138
118

79
68

101
95

72
62

62
50

86
76

69
52

87
73

87
73

106
68

45.2
9,408
443
395
1 720
1,199
5,615

44 7
9,224
315
272
901
1,124
5,324

45 0
9,252
729
202
1 999
1,018
4,474

31.3
8,803
390
256
2 025
1,015
6,033

45 0
8,689
866
399
1 528
969
5,465

42.9
8,583
534
451
2 014
1,031
6,609

46.9
8,640
924
445
2 025
969
3,760

42 3
8,629
1 061
563
1 500
715
2,651

43.0
8,794
485
416
2 044
654
1,644

32 4
8,518
1 733
2 117
807
1,638

'eoo

44 0
8,812
660
606
843
827
2,184

40.7
8,664
565
506
911
782
3 260

2 962
4 273
3,301

2 810
4 060
3 186

2 656
4 001
2 814

2 615
2 621
2 375

2 751
2 667
2 411

2 401
2 822
2 419

2 180
2 333
2' 184

1 986
1 759
1 709

1 789
2 083
1 902

2 175
2 121
1 956

2 327
2 408
2 239

2 660
2 549
2 271

MISCELLANEOUS PRODUCTS
Burlaps and fibers, imports:
Burlaps
thous. of lbs_. 32, 346
Fibers
long tons
11, 671
Buttons and shells:
ButtonsImports total
thous. of gross
76
From Philippines
__thous. of gross..
62
Fresh water pearlProduction
per ct. of capacity
Stocks, end of month. thous. of gross
Shell imports total
thous of Ibs
2 009
299
Mother of pearl
thous. of Ibs
Tagua nuts imports
thous of Ibs
882
Elastic webbing, shipments thous. of dolls. _
647
Fur sales by dealers. _
thous. of dolls
1,947
Pyroxylin-coated textiles (artificial leather) :
Orders, unfilled, end of month
thous. of linear yds
Pvroxvlin spread
thous of Ibs
Shipments, billed
thous. of linear yds

TRANSPORTATION

EQUIPMENT

AIRPLANES
Production total
Commercial (licensed)
Military (deliveries)
For export

-.

number
- number
„-- number _.
..number..

AUTOMOBILES
Exports:
Canada321
Automobiles, assembled
no. of cars..
199
Passenger cars
no. of cars..
United States—
Autos and parts, value. (See Foreign
Trade.)
Automobiles, assembled, totaL.no. of cars.. 6,079
4,449
Passenger cars
_ _ no. of cars
1,630
Trucks
no. of cars..
Financing:
Retail purchasers, total
thous. of dolls.. 56, 428
New cars
thous. of dolls.. 31,838
Used cars
thous. of dolls.. 23, 077
1,514
Unclassified
thous. of dolls _
33, 906
Wholesale dealers
thous of dolls
Fire extinguishing equipment:
Shipments29
Motor vehicle apparatus.number__
18, 661
Hand types
number
Production:
Automobiles —
6,810
Canada total
..
no. of cars
Passenger cars ..
no. of cars . 5,660
United States, total
.no. of cars.. 148, 013
Passenger cars
no. of cars.. 120, 841
31
Taxicabs
_ no. of cars _
Trucks
no. of cars.. 27, 141
652
Automobile rims
thous. rims
Registrations, new passenger-cars*. -.number.. 119, 540
Sales (General Motors Corp.):
To consumers
.
no. of cars.. 81, 573
To dealers, total
no. of cars . 78, 359
69, 029
U S dealers
no. of cars
Shipments, accessories and parts:
Accessories, original equipment
56
. Jan. 1925=100
Accessories to wholesalers
Jan. 1925 = 100_.
45
110
Replacement parts
Jan. 1925=100
58
Service eauionient
Jan. 1925=100..
' Georgia missing




279
208
63
8

360
291
58
11

360
262
77
21

274
215
44
15

238
164
56
18

168
100
57
11

197
100
87
10

121
60
54
7

147
61
75
11

120
35
77
8

126
38
81
6

131
61
61
9

1,172
763

1,512
1,083

1,021
789

934
644

740
542

690
557

630
476

398
275

244
147

548
225

683
233

567
237

16, 727
11, 228
5,499

12, 966
8,468
4,498

10, 183
5,843
4,340

9,996
6,478
3,518

8, 055
5,699
2,356

8,748
4,577
4,171

7,707
3,207
4,500

3,112
1,928
1,184

9,086
5,753
3,333

6,989
4,474
2,515

7,043
4,930
2,113

8,724
5,541
3,183

112, 982
70, 545
39, 546
2,891
71, 194

109, 372
68, 564
37, 782
3, 026
72, 623

104, 642
63, 555
37, 988
3,099
58, 172

95,911
59, 300
34, 126
2,484
48, 853

79, 598
46, 866
30, 486
2,246
43, 943

68, 285
38, 610
27, 581
2,095
35, 841

60, 692
33, 196
25, 882
1,614
25 770

48, 569
25, 395
21, 891
1,283
15, 720

50, 432
27, 306
21, 860
1,267
29 257

44, 629
23, 476
19, 974
1,179
34, 842

44, 829
23, 623
19, 942
1,264
33, 276

2 51, 148
2 26, 888
2 22, 780
1,481
2 34, 121

72
32, 538

75
31,117

90
29, 696

72
29, 895

81
26, 334

64
28, 720

80
24, 729

58
20, 624

76
19, 437

39
19, 955

27
18, 787

41
17, 665

17, 159
14, 043
336, 939
286, 252
685
50, 022
1,718
265, 732

12, 738
10, 621
317, 163
271, 135
340
45, 688
1, 508
247, 727

6, 835
5,583
250, 640
210, 036
360
40, 244
1,085
201,911

4,220
3,151
218, 490
183, 993
180
34, 317
813
194, 322

4,544
3,426
187, 197
155, 321
104
31, 772
924
155, 744

2,646
2,108
140, 566
109, 087
141
31, 338
505
124, 903

1, 440
761
80, 142
57, 764
651
21, 727
282
102, 659

1,247
812
68, 867
48, 185
999
19, 683
638
75, 829

2,432
2,024
121, 541
96, 753
1,144
23,644
714
77, 564

3,731
3,112
119,344
98, 706
97
20, 541
811
85, 684

5,477
4,494
117,418
94, 085
25
23, 308
726
81, 853

8,318
6,604
118, 959
99 325
74
19, 560
648
91, 297

135, 663
154, 252
132, 629

122, 717
153, 730
136, 778

103, 303
111,668
100, 270

85, 054
87, 449
78, 723

69, 876
70, 078
62, 667

51, 740
58, 122
47, 895

49, 042
25, 975
21, 305

34, 673
29, 359
23, 716

53, 588
79, 529
68, 650

47, 942
74, 710
65, 382

46, 855
62, 850
52, 539

48, 717
59, 696
48, 383

129
91
127
66
61
61
122
127
128
102
118
117
since December, 1932.

79
57
124
85

70
66
127
80

54
66
138
67

37
48
80
73
102
129
69
60
1
Revised.

59
66
94
49

63
57
96
56

61
53
81
57

58
52
107
62

SURVEY OF CURRENT BUSINESS

June, 1932
|

1932

1931

-J f)QO

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

55

April

May

June

October NovemAugust September
ber

July

«^f -January FebruMarch
ary

D

TRANSPORTATION EQUIPMENT—Continued
RAILWAY EQUIPMENT
Equipment condition:
Freight cars owned—
Capacity
.
mill. Ibs
204, 945
Number total
thous of cars
2 181
Bad order, total
number of cars.. 218. 303
Per cent of total in bad order
__ _
10. 1
Locomotives, railway —
Owned—
Tractive power
mills Ibs
2 475
Number, total
number
53,815
Awaiting classified repairs
number. _
7,851
Per cent of total
15 0
Installed
number-42
Retired
- .number. .
229
Passenger cars—
On railroads (end of quarter)
number. .
Equipment manufacturing:
Freight carsOrders, now, placed by railroads
cars..
0
Orders, unfilled, total
_ cars.Equipment manufacturers
- cars_.
Railroad shops
cars
Shipments, total
cars._
4
4
Domestic
_
cars
Locomotives, industrial electric (quarterly)—
Shipments, total
number-Mining use
number-Locomotives, railway—
Orders, new, placed by railroads-number. .
0
Orders, unfilled, end of month —
Equipment manufacturers (Census)
total
number
162
Domestic, total
number154
Electric
number-128
Steam
_
number
26
Railroad shops (A. R. A.)
number-6
Shipments —
Domestic, total
number-8
2
Electric
number
6
Steam
_
__number_0
Exports total
number
Electric
number. _
0
Steam
._
number-o
Passenger cars—
Orders, new, placed by railroads,number_0
Orders unfilled (end of quarter) number
0
Shipments, total
_
number
0
Domestic
number..

209 958
2 249
162, 966
74

209 645
2 244
170, 165
7 7

208 579
2 2?9
172, 776
79

208 207
2 224
181, 702
8.3

207 947
2 220
187, 585
86

207 638
9 216
194, 127
8 9

207 290
2 211
194, 948
9 0

206, 842
2 205
196, 324
9.0

205, 913
2 193
187, 666
8.7

205, 745
2 191
195, 462
9.0

205, 509
2 188
206, 461
9.6

o 590
55 366
5, 958
10 9
67
151

2 518
55 278
5, 910
10 8
94
182

2 513
55 098
5, 938
10 9
114
291

2 513
55 056
5, 913
10 9
66
108

2 514
55 029
6,173
11 4
95
122

2 512
54 967
6,310
11 7
51
113

2 509
54 889
6,485
12 0
61
139

2 509
54, 861
6,836
12 7

2 496
54, 462
6, 990
13 0

2,489
54, 228
7,331
13 7

2, 487
54, 166
7,814
14 7

51, 136
2,768
7 542
2, 176
5 366
1,082
1 082

46
6,585
1,599
4 986
648
646

972
7, 179
2,070
5,109
615
555

53
81

50, 060
443
6, 466
1, 336
5 130
341
341

534
5 746
866
4 880
524
499

3
5 100
534
4 566
780
776

86
82

798
4 610
314
4 296
404
404

28
4,252
220
4,032
150
150

2

3

6

1

0

20

106
87
18
69
24

84
65
18
47
20

142
123
93
30
16

132
113
93
20
14

115
106
88
18
13

158
149
135
14
12

147
139
132
7
4

165

15
3
12
2
0
2

26

23
4
19
2
1
1

15
4
11
2
0
2

3
1
2

7
3
4
11
0
11

11
3
8
4
3
1

o

0

0

21
0

0
0

21

o

0

o

40
102

11
5,042
1,340
3,702
546
542

11

J

2 481
54, 002
7,642
1 45

33

199
50, 327

159
3, 650
259
3,391
320
262

10
3.214
150
3,064
10
10

24
24

40
37

151

o

51
285

a 50, 437

7

26
3
0
3

68

46

205, 287
2 186
209, 271
9.7

105
2,974
150
2,824
3
3

18
18
0

0

0

153

162

177

178

173

170

132
21
10

130
32
9

130
33
8

130
32
6

130
32
6

7
1

2
2

6

0

0
0

1
0

0
0

163

162

162

0
0

0

1
4

0
3

0
0

0
4

0
3

0
15

30

0

2
2

0
0

0
0

0
43

22

29

26

o

0
0

o

4

0

0

38
38

0
24
13
13

0

37
37

2
2

8
8

0
16
0
0

17
17
0

71
48
23

69
69
0

75
50
25

78
63
15

50
37
13

43
39
4

17
16

173
17, 532
13, 848

397
13, 766
4,985

370
34, 527
28, 613

359
22, 647
16, 964

326
30, 471
25, 363

299
11, 554
7,150

294
27, 906
25, 002

288

279

249

252

4,261
1,201

23, 229
19, 402

23, 055
19, 549

2,913
1,594

1
1

ELECTRIC TRUCKS AND TRACTORS
Shipments, industrial, total
Domestic
Exports

number..
number-number...

T

19
2

21
1

29
0

20

26
0

20
0

229
3,703
2,610

41, 991
33, 509

SHIPBUILDING
United States:
Merchant vessels u n d e r c o n s t r u c t i o n
__ _
__„
thous. gross tons..
Completed during month__total gross tons..
Steel
total gross tons. _
World (quarterly):
Launched—
Number
ships
Tonnage
thous gross tons
Under construction—
Number
ships
Tonnage
thous gross tons

176
472

109
387

90
302

372
1 826

290
1 531

1 404

174

63
125

281

268
1,298

CANAEHAN STAT ISTIC3s
Business indexes:
Bank debits
1919-1924=100
Carloadings
1919-1924 = 100. .
EniDloyment in trade
1919-1924=100.Exports (volume)
1919-1924=100
Imports (volume)
1919-1924 =100. .
Industrial production, total 1919-1924=100
C onstruction
19 19-1924 — 100
Forestry
1919-1924=100
Manufacturing
1919-1924=100 _
Mining
1919-1924= 100. .
Shares traded
1919-1924=100
Commodity prices:
Cost of living index
_
1926=100
Wholesale price index
1926 = 100_ _
Employment, total (first of month). 1926=100- _
Construction and maintenance
1926= 100..
Manufacturing
1926=100
Mining
1926 = 100-Service
1926=100-.
Trade
1926=100
TransDortation
1926=100-.

2 Revised.



84.1
68.4
87.5
79.9
87.3
101.0
113.9
114.3
81.9

139.1
114.2
137. 5
107. 6
120.6
145. 6
92 0
177.2
145.9
146.1
188.5

145.0
103. 5
136. 7
124.5
143.5
158.2
120.1
165. 8
183.6
149.7
336.1

131.0
101.9
137.0
102.5
99.8
133.9
99 0
160.5
135. 7
112.0
208.5

119. 1
96.3
133.0
81.9
104.0
138. 5
136 0
152. 1
137. 2
126. 5
97.0

119. 5
92.3
132.7
89.6
92.6
132.3
119 5
135.6
136. 3
112.3
66.9

129.0
82.2
131.2
98.6
96.0
137.3
182.2
148.5
130.6
124.2
172.9

103.6
82.2
131.5
84.0
93.0
130. 5
153 5
147.0
121.9
139.5
121.6

114.2
81.0
128.4
75. 2
92.2
125.0
158 0
140.9
117.7
115. 3
170.5

in. i

83.4
129.0
73.0
87.8
119.0
80 7
136. 8
118.5
132.1
49.4

105. 6
81.6
128.9
88.0
82.8
125. 6
159 2
136. 5
117.2
131. 6
49.7

116. 4
89.4
127.1
89.7
87.0
128.7
153 5
134.2
119.4
160. 4
53. 8

109.6
84.7
127.3
74.2
100.4
122.4
92 5
128.6
123.3
136.1
71.2

91.6
74.5
99.7
96.8
99.7
108.1
122.0
123. 1
94.3

90.2
73.0
102.2
106.6
100.7
106.0
123.1
123.3
96.6

88.7
72.2
103.6
121.8
99.4
105.3
125.9
124.0
98.6

88.6
71.7
103.8
137.1
97.2
104.1
130.8
124.0
97.7

88.9
70.9
105.2
162.8
94.7
104.5
133.0
120.9
97.8

87.8
70.0
107.1
176.8
94.7
105.6
134. 8
120.8
97.8

86.4
70.4
103.9
164. 5
91.8
108.2
125.5
120.8
95.2

86.4
70.6
103.0
165.4
88.8
107.9
117.5
122.8
95.4

85.9
70.3
99.1
128.8
89.6
107.5
116.1
125.6
93.5

85.4
69.4
91.6
104.8
83 9
105. 1
114.4
125.7
85.6

84.5
69.2
89.7
90.4
85 9
102.4
112.1
117.2
83.4

84.3
69.1
88.7
83.3
87.0
101. 1
114.7
113.6
81.9

56

SURVEY OF CURRENT BUSINESS

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

193^*

June, 1932

1931

April

April i

May

June

July

1932

DecemAugust SeptemOctober NovemJanuary!
ber
ber

^ry^ ^arcn

CANADIAN STATISTICS—Continued
.Finance:
Banking—
:
Bank debits
mills, of dolls. .
Exchange. (See Finance.)
Interest rates
1926 — 100
Commercial failures
number
Life insurance, sales of ordinary life (15 cos.)
thous. of dolls-.
Security issues and prices—
New bond issues, total. _thous. of dolls_Corporation
thous of dolls
Domininion and provincial
thous. of dolls .
Municipal
thous. of dolls-_
Railways
thous. of dolls
Bond yields
per cent__
Common stock prices, total... 1926 =100. _
Banks
1926 = 100 .
Industrials
1926=100
Utilities
1926 = 100
foreign trade:
Exports
thous of dolls
Imports
thous. of dolls..
Exports, volume—
Automobiles. (See Transportation Equip.)
Newsprint. (See Paper and Paper Products.)
Wheat
-. thous. of bush .
Wheat
flour
thous of bbls
Trade with U. S. (See Foreign Trade.)
.Railway Statistics:
Carloadings
thous. of cars
Financial resultsOperating revenues
thous. of dolls
Operating expenses
thous of dolls
Operating income
thous. of dolls
Operating resultsFreight carried 1 mile
mills, of tons
Passengers carried 1 mile
mills of passengers
'Commodity statistics:
Production —•
Automobiles. (See Transportation Equip.)
Electrical energy, central stations
mills, of kw. -hours
Pig iron
thous. of long tons..
Steel ingots and castings
thous. of long tons..
Livestock, inspected slaughterCattle and calves
thous. of animals. .
Swine
- thous. of animals. _
Sheep and lambs
thous. of animals-Newsprint. (See Paper and Paper Products.)
Silver. (See Finance.)
Wheat, visible supply. (See Foodstuffs.)
Wheat
flour
thous. of bbls
d., deficit.




2,786

3, 172

2,694

2,400

2,244

2, 451

2,587

2,842

2,638

2,071

1,990

2,024

111.3
228

92.9
200

91.9
196

91.9
174

92.9
223

91.9
164

97.1
230

103.3
256

105.4
275

108.6
263

119.8
293

115.9
200

110.6
208

33, 629

45, 648

41,314

46, 227

39, 977

35, 738

30,066

36, 006

38, 860

47, 163

37, 331

38, 145

37, 467

14,231
1,660

57, 993
3,975

666, 840
9,660

52, 240
5,085

7,133
683

1,923
400

51, 073
240

436
150

215, 033
0

200
200

47, 647
0

21, 085
6,000

34, 978
0

25, 764 650, 141
7,039
28, 254
0
0
4.40
4.45
81.4
97.1
109. 1
101.3
106.8
89.0
85.2
104.8

33, 650
13, 505
0
4.40
80.1
97.1
91.1
80.4

5,000
1, 450
0
4.45
83.7
100.3
94.6
81.7

0
1,523
0
4.40
81.3
97.3
94.4
76.6

0
833
50, 000
4.65
68.6
94.3
79.3
65.4

0 215, 000
286
33
0
0
4.95
5.05
64.6
71.9
92.9
92.9
74.3
86.6
60. 1
63.5

0
0
0
5.20
64.8
92.9
74.3
59.3

30, 212
17, 435
0
5.74
64.8
90.3
73.7
59.1

10, 000
5,085
0
5.55
63.5
86. 1
71.1
59.1

4,000
18, 478
12, 500
5.30
64.1
86.0
71.5
59.8

27, 455
29, 794

34, 674
51, 189

60, 845
73,457

55, 320
52, 508

50, 671
48, 379

49, 894
47, 308

49, 909
45, 379

56, 534
45, 933

58, 430
46,911

54, 218
40, 290

39, 063
34, 115

37, 019
35, 586

41,019
57, 448

7,513
255

4,681
326

29, 522
481

20, 783
490

12, 005
467

11,909
522

14, 336
557

18, 925
558

27, 452
476

22, 356
451

9,472
332

9,898
358

9,921
415

214

216

222

207

205

227

265

231

185

166

174

183

31, 688
24, 012
6,659

27, 732
23, 769
3,380

22, 120
21, 781
d. 486

22, 294
22, 196
821

2,750
9,821
0
54.0
85.8
58.2
48.9

90
229
30

30,912
27, 273
2, 642

30, 934
28, 768
1,185

30, 480
28, 582
1,053

29, 352
27,304
1,186

28, 265
26,393
921

30, 158
25, 122
4,149

32, 611
25, 248
6,377

2,136

2,178

2,207

1,770

1,636

2,057

2,927

2,805

1,878

1,605

1,659

139

134

160

186

190

152

113

92

140

113

107

1,411
54

1,366
51

1,290
56

1,251
40

1,256
23

1,288
18

1,428
12

1,415
14

1,432
14

1,419
10

1,330
11

1,403
18

91

75

56

45

52

33

31

28

21

25

28

44

101
172
27

103
158
23

92
164
56

77
148
71

78
162
81

80
204
117

80
247
193

75
259
98

66
247
55

65
264
48

62
240
35

88
233
37

1,058

1,183

1,121

1,319

1,333

1,516

1,694

1,812

1,175

851

842

1,054

SNDEX TO MONTHLY BUSINESS STATISTECS

Page
Abrasive paper and cloth
51
Acceptances, bankers'
30
Accessories, automobile
55
Advertising, magazine, newspaper, radio
25, 26
Africa, United States trade with
34
Agencies, employment; applicants, placements
28
Agricultural wages, loans
29,30
Air conditioning equipment
48
Air mail
26
Airplanes
55
Alcohol, denatured, ethyl, methanol...
23,36
Aluminum
49
Animal fats, glues, greases
36,37
Anthracite industry.
22,29,42
Apparel, wearing
29, 53
Argentina, United States trade with; exchange; flaxseed stocks
31,34,37
Asia, United States trade with
34
Asphalt
43
Automobiles
22,27,28,29,55
Babbitt metal.__
49
Bank suspensions
30
Barley
39
Bathroom
fixtures
— 46,47
Beef and veal
40
Bituminous coal
22,28,29,42
Binder's board
51
Boiler and boiler
fittings
46
Bonds, prices, sales, value, yields
32,33
Book publication
51
Boxes, paper, shipping
51
Brass
_.
50
Brazil, coffee; exchange; United States
trade with
31,34,41
Brick
52
Brokers' loans
_.
_30
Bronze
50
Building contracts awarded
24
Building costs
25
Building materials
24,25,44,45,48,52,53
Business activity index (Annalist)
22
Business failures
- - - 30,31
Butter
39
Canadian statistics
56
Candy
41
Canal traffic
35
Capital issues
32
Carloadings
22,35
Cattle and calves
40,43
Cement
22,27,29,53
Chain store sales
26,27
Cheese
39
Chile, exchange; United States trade with.__ 31,34
Cigars and cigarettes
42
Clay products,
_
_. 23,24,27,29,52,53
Clothing
24,27,28,29,53
Coal
22,28,29,42
Cocoa
41
Coffee
23,41
Coke
42
Collections, electrical trade
26
Commercial paper
30
Communications
35
Construction:
Contracts awarded, indexes and value
24
Costs
25
Highways
25
Material costs
25
Volume
25
Copper
22,23,49
Copper wire cloth....
50
Copra and coconut oil
37
Corn
39
Cost of living index
23
Cotton, raw and manufactures
23, 53, 54
Cottonseed, cake and meal, oil
37
Crops
.-- 23,37,39,40,53
Dairy products
.
23,39
Debits, bank
30
Debt, United States Government
32
Department store sales and stocks
27
Deposits, bank
30
Disputes, labor
28
Dividend payments _ _.
33
Douglas
fir
45
Earnings, factory
29
Eggs
23,41
Electric power, production, sales, revenues.. 22,38
Electrical energy, consumption index
22, 23
Electrical equipment
49
Electric railways
34
Employment:
Cities and States
28
Factory, Federal Reserve Board indexes.. 27,28
Nonmanufacturing
28
Miscellaneous data
28
Emigration
35
Enameled ware
46,47
Engineering construction
24
England, exchange; United States trade with. 31,34
Exchange rates, foreign
31
Expenditures, United States Government
32
Explosives
36



Page
Exports
34
Factory employment, pay rolls, operations 27, 28, 29
Factory operations, proportion of full time
worked
.
28
Failures, bank; commercial
30,31
Fares, street railways
34
Farm employees
28
Farm prices, index
24
Federal Government,
finances
32
Federal-aid highways
25
Federal reserve banks, condition of
30
Federal reserve member banks
30
Fertilizers
36
Fire-extinguishing equipment
55
Fire losses
__
25
Fish and fish oils
23,37,41
Flaxseed
37
Flooring, oak, maple, beech, and birch
44
Flour, wheat
40
Food products
22,23,27,39
Footwear
-44,52
Foreign trade, indexes, values
.
34
Foundry equipment
48
France, exchange; United States trade with 31,34,35
Freight cars (equipment)
27,55
Freight carloadings, cars, indexes
35
Freight-car surplus
35
Fruits
23,39
Fuel equipment
48
Fuels
42,43
Furniture
45,47
Gas, customers, sales, revenues
38
Gas and fuel oils
43
Gasoline
43
General Motors sales
__
55
Glass and glassware
22,27,53
Gloves and mittens
44
Gold
31
Goods in warehouses
26
Grains
_ 23,39,40
Hardware, sales
45
Hardwoods
44
Heels, rubber
52
Hides and skins
43
Hogs
40,41,43
Hosiery
53
Hotels
...
28,29,35
Housing
23,25
Illinois, employees, factory earnings
28,29
Imports
.
34
Income-tax receipts
32
Incorporations, business
26
Industrial production, indexes
22
Installment sales, New England
27
Insurance, life
„
31
Interest payments
33
Interest rates
30
Investments, Federal reserve member banks.
30
Iron, ore; crude; manufactures
22,45,46
Italy, exchange; United States trade with... 31,34
Japan, exchange; United States trade with.. 31,34
Kerosene
43
Labor, turnover, disputes, applicants, placements
28
Lamb and mutton
41,43
Lard
41
Lead____
49
Leather
.
122,24,27,28,43
Leather, artificial
54
Liberty bonds
32
Life insurance
31
Linseed oil, cake, and meal
.
37
Livestock
23,40,41,43
Loans, agricultural, brokers',
time
30
Locomotives
„
.___
55
Looms, woolen, activity
54
Lubricating oil
43
Lumber
22,23,27,44,45
Lumber yards, sales, stocks
44
Machine activity, cotton, silk, wool
54
Machinery
27,29,34,48,49
Machine tools, orders, shipments
48
Magazine advertising
25, 26
Manufacturing
22
Marketings, agricultural, forest products
23
Maryland, employment.
28
Massachusetts, employment
28
Meats
40,41
Metals
22,23,27,45
Methanol
.
35
Mexico, petroleum production and exports. _
42
Silver production
32
United States trade with____,
34
Milk.....
39
Minerals
22,42,45,49,53
Money in circulation
31
Naval stores
.
23,36
Netherlands, exchange
31
New Jersey, employment, pay rolls
28,29
Newsprint
51
New York, employment, pay rolls, canal
traffic
28,29,35
New York Stock Exchange
30,32,33
Notes in circulation
30

Page
Oats
__
__
39
Oceania, United States trade with
34
Ohio employment
28
Ohio River traffic
35
Oils and fats..
_
36,37
Oleomargarine
37
Orders, indexes, new and unfilled
23
Paints
38
Passengers, street railways; Pullman
34,35
Passports issued
35
Paper and pulp
22,23,27,50,51
Pay rolls:
Factory, Federal Reserve Board
29
Factory, by States
29
Nonmanufacturing industries
29
Pennsylvania, employment
28
Petroleum and products
22,27,42,43
Pig iron
22,46
Pork
41
Postal business
26
Postal savings
30
Poultry
23,41
Prices:
Cost of living, indexes
23
Farm, indexes
24
Retail, indexes
24
Wholesale, indexes
24
Printing
51
Production, industrial
22
Profits, corporation
32
Public
finance
32
Public utilities
__
28,34,35,38
Pullman Co
35
Pumps
48
Radio, advertising
25
Railroads; operations; equipment; financial
statistics
35,55
Railways, street
34
Rayon
54
Real-estate-market activity
_
25
Registrations, automobiles
55
Rents, index
„
23
Retail trade:
Chain stores—
5 and 10
_
26
Grocery
.
26
Restaurant
27
Department stores
27
Mail order
27
Roofing
_
38
Rice
40
Rubber, crude; scrap; clothing; footwear;
tires
22,23,27,51.52
Rye
.
__ 40
Sanitary ware
47, 48
Savings deposits
30
Sheep and lambs
41
Shoes
_ _ . . 22,27,28,29,44
Shipbuilding
22, 27, 56
Silk
22,23,54
Silver
22,32
Skins
43
Softwoods
45
Spain, exchange
31
Spindle activity, cotton
54
Steel, crude; manufactures
22,47
Stockholders
33
Stock indexes, domestic and world
23
Stocks, department stores
27
Stocks, issues, prices, sales, yields
Stone, clay, and glass products

32, 33
22,52

Sugar
23,41
Sulphur
36
Sulphuric acid
36
Superphosphate
36
Tea
23,41
Telephones and telegraphs
35
Terra cotta.
53
Textiles, miscellaneous products
54
Timber
44
Tin
23,49
Tires
22,27,52
Tobacco
27,42
Tools, machine
48
Trade-unions, employment
28
Travel
35
Trucks and tractors, industrial electric
56
United Kingdom, exchange; United States
trade with
31,34
Uruguay, exchange
31
United States Steel Corporation
29,33
Utilities
28,29,32,34,35,38,55
Vegetable oils
37
Vegetables
23,39
Wages
25,29
Warehouses, space occupied
26
Waterway traffic
35
Wheat and
flour
23,40
Wholesale prices.
24
Wisconsin, employment; payrolls
28,29
Wood pulp
50
Wool
22,23,54
Zinc
22,49

WTiolesale Grocers

\Vhat °/o of your sales do these items represent—
Salaries and wages?
Interest?
Rent?

Delivery expense?
Sales expense?
Insurance?

Taxes?
Postage and office supplies?
Depreciation?

WHOLESALE GROCERY OPERATIONS, Part IV of the Louisville Grocery Survey, analyses
in detail the operations of a service wholesale house, makes an intensive customer study of an
establishment which is both a cooperative and a service jobber, compares the operating costs of
an efficient service wholesaler and an efficient cooperative wholesaler, and gives details of the
operations of a firm which combines the processing of food products with the merchandising
function.

It answers many questions that wholesalers should as\ in their efforts to
reduce operating costs and render better service.
DISTRIBUTION COST STUDIES No. 14

RETAIL
CREDIT
SURVEY
DOMESTIC
COMMERCE
SERIES

No. 64

5 cents

20 CENTS

just published, shows that although collections were
slower and bad-^bt losses higher in the last six months
of 1931 than in tire corresponding period of the previous
year, nevertheless, retailers continued to extend credit
to charge account and installment customers and customers on the whole continued to meet their obligations
and make new purchases in approximately the same
proportion to cash sales as formerly. Increased efficiency
of credit managers is offered as one explanation. Every
retailer who does a credit business should have this
bulletin.

For sale by the Superintendent of Documents, United States Government Printing Office, Washington, D. C.,




or any district office of the United States Department of Commerce

U. f . GOVERNMENT MINTING OFFICE* 1BJ1