Full text of Survey of Current Business : June 1933

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JUNE 1933

SURVEY
OF

CURRENT BUSINESS




UNITED STATES
DEPARTMENT OF COMMERCE
BUREAU OF FOREIGN AND DOMESTIC COMMERCE
WASHINGTON
VOLUME 13

NUMBER 6

The usual semiannual revision
of material has been made in this issue. Approximately
25 new- series of data have been added, and the same
number dropped for lack of current statistics.
All the new series added since the publication of the 1932 Annual Supplement to the
SURVEY are indicated by an asterisk (*). Back figures and explanatory data for these
series are not printed in the Annual Supplement. If they have been published in monthly
issues, references are given in the footnotes. A record of the series added and dropped
since the publication of the 1932 Supplement appears on page 56 of this issue. This list
will be carried also in subsequent issues, to provide a source of ready reference.

No 1933 Annual Supplement
As previously announced, reduced printing funds make
it impossible to publish a 1933 Annual Supplement. It
is important, therefore, that the tables printed monthly
in the SURVEY giving back data for certain new and
revised series, be retained for reference purposes.
Copies of the 1932 ANNUAL SUPPLEMENT are still furnished to new subscribers
to the SURVEY, so that they may obtain the maximum benefit from the service. This
supplement, and the March 1933 issue, which contains practically all the 1932 data, will
afford a complete record through December 1932, except in the case of new series, where
reference to the individual monthly numbers in which the back data occurred will be
necessary. New subscribers may obtain the March issue as long as copies are available
by sending 10 cents extra with their subscriptions.




Volume 13

JUNE 1933

Number 6

W E E K L Y DATA T H R O U G H MAY 2 7 , 1933
M O N T H L Y DATA T H R O U G H APRIL

SURVEY OF
CURRENT BUSINESS
PUBLISHED BY

UNITED STATES DEPARTMENT OF COMMERCE
BUREAU OF FOREIGN AND DOMESTIC COMMERCE
WASHINGTON

CONTENTS
SUMMARIES AND CHARTS
Business indicators
Business situation summarized
Comparison of principal data, 1929 to 1933
Commodity prices
Domestic trade
Employment
Finance
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.,

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

STATISTICAL DATA
New and revised series:
Life insurance, premium collections
18
Leather production; butter consumption
19
Employment and pay rolls, miscellaneous data; U.S. Government
bond prices; machine production of face brick
19, 20
Weekly business statistics
21

STATISTICAL DATA—Continued
Monthly business statistics:
Page
Business indexes
22
Commodity prices
23
Construction and real estate
24
Domestic trade
25
Employment conditions and wages
27
Finance
30
Foreign trade
34
Transportation and communications
34
Statistics on individual industries:
Chemicals and allied products
36
Electric power and gas
38
Foodstuffs and tobacco
39
Fuels and by-products
42
Leather and products
43
Lumber and manufactures
44
Metals and manufactures:
Iron and steel
45
Machinery and apparatus
47
Nonferrous metals and products
48
Paper and printing
49
Rubber and products
50
Stone, clay, and glass products
51
Textile products
52
Transportation equipment
54
Canadian statistics
55
Index of revisions made in December 1932 and June 1933 issues
56
General index
„
Inside back cover

Subscription price of the SURVEY OF CURRENT BUSINESS is $1.50 a year, which includes the 12 monthly numbers, the 1932 annual
supplement, and the 52 weekly supplements. Single copy price: Monthly, 10 cents; weekly, 5 cents; annual, 40 cents.
Foreign subscriptions, $3, including weekly and 1932 annual supplements. 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
176556—33
1




SURVEY OF CURRENT BUSINESS

June 1933

Business Indicators
1923-25=100

INDUSTRIAL PRODUCTION

160

INDUSTRIAL PRODUCTION

160

/ MANUFACTURES (ADJUSTED^
-TOTALfiDJUSTED)

160

f

FACTORY EMPLOYMENT AND PAYROLLS

200

MINERALS (ADJUSTED)?

CONSTRUCTION CONTRACTS AWARDED
UNADJUSTED

PAYROLLS (UNADJUSTED)

100
EMPLOYMENT (ADJUSTED)*

TOTAL FREIGHT CAFt LOADINGS

1C A

160

I'OU

FREIGHT CAR LOADINGS L.C.L.

UNADJUSTED
(UNADJUSTED

100 ° ^ <*£\}

\ *%>

ACS

1 III

100

/ADJUSTED9

1 | II1 1Mil I I I I I I I

(•ADJUSTED*

1 1 1 1 1 1 II 1 II

1 1 1 1 1 1 1 1 1 11

DEPARTMENT STORE SALES

WHOLESALE PRICES

160

sFARM PRODUCTS

100
CALL COMMODITIES

VALUE OF EXPORTS

VALUE OF IMPORTS

200

UNADJUSTED

TUNADJUSTED

100

Mill

200

BANK DEBITS OUTSIDE NEW YORK CITY

160

FEDERAL RESERVE MEMBER BANK LOANS*

/UNADJUSTED

100

V-v. ->•
11 11

19 2 9
8

1
111111

1

1930

1 93 I

ADJUSTED FOR SEASONAL VARIATION




111 ii

III

1 93 2

1
» 933

* REPORTING MEMBER BANKS

I 929

930

1931

I 932

I 933

SURVEY OF CURRENT BUSINESS

June 1933

Business Situation Summarized
been made in reopening the banks unlicensed after the
holiday, but the freeing of these impounded deposits
has been a slow process. Following the suspension of
preceding year for the first time since 1929. Practical- gold payments, the dollar dropped to a discount of 20
ly all of the major indicators of production were higher percent in terms of European gold currencies.
The employment and pay-roll increases reported for
than in May 1932 and in such industries as automobiles,
iron and steel, textiles, and food processing the in- April were not sufficient to offset the March decline.
creases have been substantial. Retail trade has im- Further gains have occurred in the past month, alproved markedly, and the distribution of merchandise though they have not been as large relatively as the
by the railroads in the second week of Ma}^ exceeded production increases. In April the pay-roll index adlast year's level. Construction contracts awarded up to vanced 4.6 percent while the employment index was up
the middle of the month have continued extremely small. 1.9 percent. Both were substantially below a year ago.The April advance in industrial production was
Prices of both commodities and securities have
advanced in response to the announced policies and particularly sharp after the March let down. The
plans of the administration and as a result of the adjusted index was 12 percent above March, 3 percent
improvement in business. Many raw materials and above January, and was also 6.3 percent above a year
food products have risen rapidly, and the disparity ago, marking the first month of the depression which
between prices of such commodities and the prices of has not recorded a decline in this index in comparison
finished goods has been substantially reduced. Stock with a year earlier. Manufacturing production was
prices have advanced to the level reached last fall, and responsible for the improvement in both periods, as
bond prices have also improved, particularly the more the output of minerals declined. Total production in
speculative issues. The banking situation has eased the first 4 months of 1933, however, was 5.8 percent
further, with a continued reduction in currency in below the same period of 1932.
circulation and in reserve bank credit outstanding.
The adjusted index of carloadings in April did not
Short term money rates have returned to the low levels regain the level prevailing before the bank holiday,
prevailing prior to the bank holiday, while the long but there has been a further uptrend in May. Foreignterm capital market remains dormant. New capital trade statistics in April were of the same unfavorable
issues continue extremely small. Some progress has nature as in other recent months.

RODUCTION and distribution indexes advanced
P
throughout May, and business activity showed
improvement over the corresponding month of the

g

1

-

$

1

z

a

1

J3

<

1

>•*

June
July
August
September
October
November
December
1933:
January _
February
March

_ _

__ .

April
M o n t h l y average, January through April:
1931 _.
1932
1933




784 COI

S3

£

8
Monthly
average,
1926=100

Monthly average, 1923-1925=100
1930: April
1931: April
1932:
April
May

index,

h
«* __

1

mm

|S

*uction contri
pes, values adjus

3

5-

debits ou

T3

por

<

\

HIS

3

adj

c

a.

Vl

33

__5

fc

i

jus

•3
Mi

3
Z

3
Z

adj

1

1

Merchandise, l.c.l.

Total

ills

I

Year and month

Department
Foreign
store sales, trade, value,
value
adjusted 2

Freight-car loadings

adj

Adjuste-12

nt of pa
nadjuste

Unadjusted i

factures

Industrial production

mber of ernployees, adjuste d 2

Factory employment
and pay rolls

all

MONTHLY BUSINESS INDEXES

107
90

110
91

94
83

104
88

104
87

71
83

92.4
78.0

97.1
73.6

93
77

97
80

101
91

98
88

110
101

64
61
59
56
59
68
68
65
60

63
61
59
55
58
66
66
63
58

72
65
61
62
66
73
80
78
72

63
60
59
58
60
66
66
65
66

61
58
58
57
59
65
65
64
64

79
67
63
64
65
70
74
75
76

64.3
62.1
60.0
58 3
58.8
60 3
61.1
61.2
60.6

48.7
46.2
42.6
39.6
40.1
42 1
43.5
41.8
40.9

57
53
52
51
53
61
65
58
52

59
54
52
51
51
54
57
57
58

75
74
71
68
68
72
72
70
64

73
71
71
69
68
69
69
68
69

74
72
66
46
49
71
75
73
106

64
65
61
68

63
63
59
68

71
76
74
68

65
64
60
67

64
62
57
66

73
79
81
75

59.4
59.4
56.6
57.7

39.2
40.0
36.9
38.6

51
51
48
51

56
54
50
53

65
64
63
65

69
66
62
63

49
49
50
68

87
69
65

88
67
«

84
75
72

78.0
66.6
58.3

72.5
51.7
38.7

75
58
50

107
107

92
60

88
53

123.3
99.5

101
73

37
37

72 8
63 4
65.4
63 4
59 6
59 6
62 6
55 4
65.0

27
26
27
27
30
30
29
27
28

65
64
63
64
65
65
64
63
62

5
4
9
5
2
3
4
9
6
0
8
2
__

90 Q
74 8

79
72
69 '
65
65
68
69
63
60

32
31
33
33
32
33

36
34
36
27
29
32
32
32
30

60
60
57
67

31
29
28
29

29
26
26
25

61 1
52 7
48.7
53 1

22
19
14
14

61
59
60
60

63
40
29

56
39
27

98.6
72 1
53.9

75
28
17

76 5
66 $
60.4

34

!

1

Adjusted for number of working days.

99
75
64
2

89
68

Adjusted for seasonal variation.

SURVEY OF CURRENT BUSINESS

June 1933

Comparison of Principal Data, 1929 to 1933




\ FIRST 4 MONTHS

V//////////A

REMAINDER OF KEAR

BANK DEBITS OUTSIDE NEW YORK C I T Y - (BILLIONS OF DOLLARS)
200

250

350

300

CONSTRUCTION CONTRACTS AWARDED-(BILLIONSOFDOLLARS)
1933

L

1

2

3

4

-

5

6

7

•

I932&EYYYYYYYA

1931 •
1930 •
1929 •
•

YYYYYYYYYYYYYYA

•
•
•

1

J

'

VYY/YYYYYYfYYYYfYYYYYYYYfYYY/
W^/S/;////YYYYYYYYYYYYYYYYYYYYYYs^^^^'A
S T E E L INGOT PRODUCTION - (M/LL/ONS OF TONS)

b

10

20

30

40

60

50

70

1933 | i |

l932fiS^^^
IQ:^I

WKK^Mm//////////////

\W6tt)pKnfHKipKK^///f/////YYYYYfYYY/ V//A
YYYYYYYYA
...,,,

L

AUTOMOBILE PRODUCTION- (THOUSANDS OF CARS)
1000

2000

3000

4000

5000

Y///////////////////A

FREIGHT CAR LOADINGS -(MILLIONS OF CARS)
30

40

50

SURVEY OF CURRENT BUSINESS

June 1933

Commodity Prices
price advances in wholesale markets and
RECENT
>• at the farm have been the sharpest and have

5 percent, respectively, in the same periods, while other
commodities rose only 0.8 percent and 1.5 percent.
Of the commodities other than farm products and
foods, hides and leather increased 10 percent from
April 22 to May 13, textiles 5 percent, and there were
moderate advances in some metals and metal products,
building materials, and chemicals and drugs. Fuel
and lighting and house furnishing goods were the only
groups which showed further declines.
Compared with the corresponding week of last year
farm products for the week ended May 13 were 2.5
percent higher; hides and leather 3.1 percent higher;
foods, building materials, chemicals and drugs, metals
and metal products, and textiles 1 to 4 percent lower;
house furnishing goods and miscellaneous products 5.4
and 8.7 percent lower, respectively; and fuel and lighting 14 percent lower.
Retail prices of food showed only a small fractional
decline from March 15 to April 15.
Farm prices advanced 6 percent from mid-March to
mid-April, the second successive monthly gain and
the index reached the highest level since last November. Prices of grains rose 31 percent, fruits and vegetables 10 percent; chickens and eggs 3.7 percent;
cotton and cottonseed 2 percent; and meat animals
1.8 percent. Cotton and cottonseed, however, was the
only group to reach a higher level than in April 1932.

embraced the largest number of commodities since
1929. The monthly price index of the Bureau of
Labor Statistics for April registered the second successive increase, the first rise between March and April
since 1928. The increase in wholesale prices from
May 6 to 13, amounting to 0.6 percent, was, however,
smaller than during the preceding 2 weeks, according
to data compiled by the Bureau of Labor Statistics.
Prices moved up further during the first half of week
ended May 20 but weakened in the latter half. Farm
prices on May 15 were 17 percent above the level prevailing on April 15. Retail prices so far have shown
little tendency to advance.
The greater part of the recent price rise has been in
commodities that had declined most rapidly since 1929
and the movement has thus narrowed the wide gap between these products and other commodities. However,
wholesale prices are still about 4 percent lower than in
May of last year and 35 percent lower than in 1929;
farm prices on May 15 were 11 percent higher and 62
percent lower, respectively, and food retail prices were
14 percent and 41 percent lower on April 15.
Wholesale prices of farm products advanced 15 percent from March 11 to May 13 and 10 percent from
April 22 to May 13. Food prices rose 7 percent and

INDEXES OF COMMODITY PRICES
Wholesale (Department of Labor)

P

S

as &

I1

&

Monthly average 1926=100
1930: April
1931: April
1932:
April
May..
June
July
August
September.
October
November
December
1933:
January
February
_._
March
April.
Monthly
average,
January through
April:
1931
1932
1933




I

I?
product

li

I

Texl

nd leatl
8

Met als and metal
P roducts

93

C

Hid<

g

c

se-

Q

be

id lighti

p

als and drugs

si
Year and month

g mater ials

Groups
than farm
cts and 1foods

Economic classes

Retail

Dec.
Mo.
Mo.
Mo.
1930
average average
average (Jan. 1,
1909
to
1923=
1913=
1914=
1931) =
100
100
100
100
97.9
127
151
94.3
124
91
88.2

90.0
74.8

90. 7
78.3

89. 8 86.1
68.3 71.5

95.8
70.1

84.1 | 94. 9 103. 2
59.5 ! 76.3 | 79.9

87.8
75.9

93.5
81.5

9i.2
81.3

79.5 102.7
65.4 87.5

93.5
87.9

95.3
85.7

84.0
68.2

81.0
71.5

65.5
64.4
63.9
64.5
65.2
65.3
64.4
63.9
62.6

71.1
70.3
70.0
70.5
70.7
70.4
69.6
69.3
68.4

55.5
53.9
53.2
54.7
55.7
56.2
54.6
54.2
52.1

59.6
58.1
57.6
55. 5
57.9
60.7
60.7
58.9
57.7

49.2
46.6
45.7
47.9
49.1
49.1
46.9
46.7
44.1

44.5
42.6
37.7
36.7
38.2
37.4
34.4
33.2
31.7

61.0
59.3
58.8
60.9
61.8
61.8
60.5
60.6
58.3

70.9
70.4
70.1
69.7
70.1
70.4
70.2
69.8
69.0

72.5
71.5
70.8
69.7
69.6
70.5
70.7
70.7
70.8

74.4
73.6
73.1
73.0
73.3
72.9
72.7
72.4
72.3

70.2
70.7
71.6
72.3
72.1
70.8
71.1
71.4
69.3

75.0
72.5
70.8
68.6
69.7
72.2
72.8
71.4
69.6

76.3
74.8
74.7
74.0
73.6
73.7
73.7
73.7
73.6

80.3
80.1
79.9
79.2
80.1
80.1
80.3
79.6
79.4

56.1
54.3
52.7
51.5
52.7
55.6
55.0
53.9
53.0

64.7
64.4
64.2
64.3
64.6
64.7
64.1
63.7
63.4

78.8
77.9
77.2
77.0
76.8
76.6
76.1
75.6
75.1

59
56
52
57
59
59
56
54
52

104
101
100
101
101
100
100
99
99

78.2
76.8
75.1
74.0
73.6
73.6
73.3
72.6
71.8

61.0
59.8
60.2
60.4

66.7
65.7
65. 7
65.7

50.2
48.4
49.4
50.0

56.9
56.3
56.9
57.3

42.6
40.9
42.8
44.5

32.9
32.7
36.0
44.8

55. 8 49.5 || 67.3
53.7
50.2 li 66.0
54.6
50.5 jj 65.8
56.1 I 50.3 || 65.3

70.1
69.8
70.3
70.2

71.6
71.3
71.2
71.4

66.0
63.6
62.9
61.5

68.9
68.0
68.1
69.4

72.9
72.3
72.2
71.5

78.2
77.4
77.2
76.9

51.9
51.2
51.3
51.8

61.2
59.2
58.9
57.8

73.7
72.1
71.8
71.5

51
49
50
53

95
91
91
90

71.1
69.9
69.7
69.4

76.5
66.3
60.4

79.9 j 70.3 72.8
71.5 56.7 61.4
66.0 I 49.5 56.9

11. 0
50. 7
42.7

60.4 | 78.2 ij 83.5
45.2 I 62.6 ll CO. 7
36.6 I 5 5 . 1 II 5 0 . 1

86. 4 ; 70.1 71. 8
81.0 I 58.3 64.9
77.4 I 51.6 59.3

89.5
80.0
72.3

128
106

96.0
79.7
70.0

59.8
56.5
56.0
62.0
61.9
60.9
56.4
53.7
49.4

77.6 jl 82.6 83.0 69.9 I 87.7 88.1
71.2
73.5 75.2 68.6 j 77.5 77.2
66.1 II 70.1 I 71.4 63.5 j 68.6 72.2

6

SURVEY OF CUEEENT BUSINESS

June 1933

Domestic Trade
sales activity improved markedly during
RETAIL
- April and there has been some additional improvement in May. The value of department-store sales in
April was approximately 8 percent below the same
month in 1932. In view of a decrease of about 14
percent in the price level this indicates a rise in the
volume of goods moved. In the adjusted index,
where allowance is made for the varying date of Easter,
the drop was 15 percent or about the same as the price
decline. Throughout the country the sales of department stores increased by a greater than seasonal
amount in April. For the 2 months of March and
April the adjusted index averaged 3.3 percent above
the first 2 months of the year.
Freight carloadings of l.c.l. merchandise increased in
April and May after the declines of the 2 preceding
months. This class is the only one which did not
show an increase over the corresponding week of 1932
in the second week of May. For the initial 4 months
of the current year the monthly average of loadings
was 16 percent below the same period in 1932, and the
May figures so far indicate a decline of about 10
percent.
Sales by mail order and by retail stores conducted
by mail-order houses advanced sharply in April.
Reports from the two largest organizations in this
group show a gain for the month of 28 percent. The
April total was 11 percent below April of last year,
but this reflects a decided improvement, since the
March sales were 19 percent below the comparable

month in 1932. The monthly average of sales for the
first 4 months of the current year were 16 percent
below the same period a year ago.
After a rise in March, postal receipts declined during April, and were slightly below April of last year,
but still above the extreme low point of 1932. Receipts for the first four months of 1933 were 5 percent
below the same period a year ago.
Commercial insolvencies continued to decline in
number during April and so far in May. Liabilities
of failing companies in April, however, were slightly
in excess of the March level, the first increase since
January. Despite this rise liabilities were approximately half those reported for April of last year and
the number of failures dropped 32 percent below a
year ago. The organization of new corporate enterprise has also declined steadily since the beginning of
the year. The April total, as indicated by reports
from four key States, was 19 percent below the figure
for January. For the 4 months from January through
April the monthly average was 8 percent under the
average for the same period in 1932.
Advertising linage increased seasonally in April.
The expansion in magazine linage amounted to 7 percent and was the fourth consecutive month to register
a gain. Newspaper advertising increased 20 percent
and brought the current level to a point 15 percent
below the same month a year ago. Expenditures on
radio advertising declined during April, and were
39 per cent lower than in the same month of 1932.

DOMESTIC TRADE STATISTICS

Tear and month

Departmentstore sales

Freight-car
Department-3 loadings,
store stocks chandise merl.c.l.

Unad- Adjust- justed i
ed 2

Unad- Adjust- justed^
ed ,

Unad- Adjust- justed
ed 2

M o n t h l y average, 1923-25=100
1930: A p r i l . .
1931: April
1932:
April
May
-_.
June.__.
July
August
September
October
November
_._
December
1933:
January
February
March
April
Monthly average, January through April:
1931
1932
1933
1




Chain-store sales
Combined
index
(20 companies)

5- and 10-cent
(variety) store
sales
Unad- Adjusted justed

Avg. same

Monthly average 1923-25=
100

mo. 192931 = 100

Commercial
failures

Advertising
linage

Business
incorporaFail- Liabil- Maga- News- tions,
4
ities
zine paper
States

Mail

Postal
order receipts,
and
50 sestore
sales, 2 lected
cities
houses

Thou- MilNum- Thousands lions of
ber ofsands
dolls, of lines lines

Thousands of
dollars

Number

110
101

107
107

101
87

97
84

101
91

159
160

161
168

56, 561
52, 078

32, 644
29, 257

2,198
2,383

49, 059
50,868

4,180
3,353

74
72
66
46
49
71
75
73
106

79
72
69
65
65
68
69
63
60

72
69
65
59
59
63
67
69
56

69
68
67
64
61
60
61
61
60

75
74
71
68
68
72
72
70
64

134
133
127
118
118
123
142
130
226

141
138
138
135
127
135
133
129
117

39, 745
38, 718
39,889
32,073
33, 777
39,156
45,423
41, 281
51, 556

24, 272
22,621
22,006
23, 789
23,851
25, 770
26,711
26,109
33, 097

2,816 101,069
2,788 83, 764
2,688 76,931
2,596 87,190
2,796 77, 031
2,182 56,128
2,273 52,870
2,073 53, 621
2,469 64,189

2,518
1,776
1,523
1,103
928
987
1,246
1,364
1,252

3,107
2,534
2,909
2,661
2,592
2,458
2,681

49
49
50
68

60
60
57
67

52
54
55
55

58
56
53
53

65
64
63
65

100
103
110
128

135
138
121
139

26,958
26,176
27,554
35,365

24, 674
22, 559
24,422
23,810

2,919
2,378
1,94.8
1,931

79,101
65, 576
48,500
51,098

1,266
1,584
1,791
1,910

3,307
2,839
2,674
3,665

43,992
34, 565
39,013

28, 753
25,081

2,717
2,989
3,393

94,148

2,813
2,144
1,638

3,179
3,129
2,871

89
6S
54

83
70
54

Corrected to average daily sales.

88
75
64

77
2

139
127
110

Adjusted for seasonal variation.

3

61,069

End of month figures.

101
89

3,245
3,278
3,072

SURVEY OF CURRENT BUSINESS

June 1933

Employment
employment and pay rolls increased during
BOTH
April following the sharp drop in the preceding
month, but both indexes were below the February
figures. Factory employment was 1.9 percent above
March and pay rolls were 4.6 percent larger. Ordinarily there is a slight seasonal decrease in factory employment and pay rolls between March and April.
The seasonal movement was upset in March this year
by the bank holiday which brought a contraseasonal
decline. Consequently, the usual spring rise was delayed, and seasonal activity would naturally extend
over a later period. Since the April statistics apply to
the pay-roll period nearest the middle of the month
they do not reflect the full extent of the improvement in
April, nor the gains that have been made during May.
Increase in employment took place in 9 of the 14
manufacturing groups covered by the Labor Department's survey. No group reported any particularly
large increase in employment, the largest being a gain
of 5.4 percent in the chemical group. Other increases
were reported for the iron and steel, machinery, textile, lumber, cement, clay and glass, nonferrous metals,
and rubber products groups. Among the subgroups
the outstanding changes were an increase of 74 percent
in the fertilizer industry, due to the seasonal demand,
and an increase of 54 percent in the beverage industry.
Employment expanded in 8 of the 16 nonmanufacturing industries covered by the Labor Department's
survey. The greatest of these was an increase of 48
percent in the canning and preserving industry, prim-

arily reflecting a seasonal tendency. Increases of
over 10 percent took place in dyeing and cleaning,
quarrying and nonmetallic mining, building construction, and retail trade. The increase in retail trade
reflected the marked increase in sales for the month.
The coal-mining industries reported the most pronounced employment declines of any of the nonmanufacturing industries over the month interval.
Definite plans for stimulating reemployment have
been completed by the administration and transmitted
to Congress. The National Industrial Recovery Act,
now before Congress, is of a much more far-reaching
character than the Black 30-hour bill. Instead of
providing, as did that bill, for a definite maximum
number of working hours per week for industry as a
whole, it aims at cooperation between the Federal
Government and individual industries in planning
revival and in enforcing high standards of wage and
working conditions and of competitive practices suited
to the exigencies of the particular industry in question.
Under this bill the President would for 2 years have
authority to approve for different industries codes
covering wages, hours of labor, conditions of employing
labor, and competitive practices, and, if necessary, to
enforce these codes through a system of licenses. Industries observing such codes would be exempt from
the antitrust laws. The bill also provides for a comprehensive program of public works to afford direct
employment, the total to be made available for this
purpose being $3,300,000,000.

STATISTICS OF EMPLOYMENT, PAYROLLS, AND WAGES
Factory employment
and pay rolls, F.R.B.
Employment
Year and month

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

Anthracite
mining

Monthly average,
1923-25=100
92.6
92.4
97.1
77.9
78.0
73.6

Wages

Bituminous
coal mining

Power, light,
Telephone
and water and telegraph

Pay
rolls

Employment

Pay
rolls

Employment

84.1
85.2

75.0
75.2

94.4
85.9

81.7
58.6

100.7
97.1

102.6
97.6

98.9
88.1

103.4
95.0

97.3
90.1

EmUnad- Ad- 1 Unad- ployjusted justed justed ment

Pay
rolls

Employment

Pay
rolls

Retail trade
Employment

Pay
rolls

Monthly average, 1929=100

Tradeunion
Factory 2
members em- Aver- Aver- Comployed age
age mon
weekly hourly labor
earn- earnings ings
Cents
Percent
per
of total
Dollars
hour
members
27. 25
23. 82

0. 593
.573

40
35

17. 58
17.17
16.24
15.43
15.35
16.23
16.86
16.84
16.37

.517
.510
.500
.489
.487
.479
.474
.468
.467

33
32
33
32
32
32
32
32
32

64.0
61.3
59.1
57.2
58.6
61.5
62.0
60.9

64.3
62.1
60.0
58.3
58.8
60.3
61.1
61.2
60.6

48.7
46.2
42.6
39.6
40.1
42.1
43.5
41.8
40.9

70.1
66.9
53.0
44.5
49.2
55.8
63.9
62.7
62.3

72.0
58.0
37.4
34.5
41.4
47.0
66.7
51.0
56.2

65.5
62.6
60.5
58.6
59.4
62.4
67.0
69.4
70.0

33.9
30.7
27.3
24.4
26.4
30.2
37.8
38.0
37.7

84.8
84.0
83.2
82.3
81.'5
81.0
79.9
79.1
78.4

82.4
84.2
80.5
78.7
76.7
74.7
74.4
73.2
73.2

81.2
80.6
79.9
79.1
78.1
77.4
76.2
75.5
74.8

83.4
82.8
82.1
79.6
79.1
75.9
75.7
74.3
73.5

81.6
80.9
79.4
74.6
72.6
77.8
81.3
81.7
95.2

97.5
88.3
72.7
71.1
68.2
63.3
60.7
64.6
67.1
66.9
73.6

58.1
59.2
56.7
57.8

59.4
59.4
56.6
57.7

39.2
40.0
36.9
38.6

52.5
58.7
54.6
51.6

43.2
56.8
48.8
37.4

69.3
67.6
63.7

36.1
37.2
30.7
36.5

77.7
77.4
76.9
76.9

73.0
71.6
71.9
69.4

74.6
73.9
73.2
72.3

71.7
72.0
71.5
67.8

76.9
73.4
71.4
78.6

62.7
58.4
55.1
60.4

16.21
16.13
14.56
15.39

.464
.460
.460

72.5
51.7
38.7

84.4
63.0
46.6

90.0
74.7
67.6

66.4
43.7

97.7
86.7
77.2

99.6
85.6
71.5

89.1
82.0
73.5

96.0

72.8
54.4

82.0
75.1

88.0
74.5
59.2

23.77
18.67
15.57

.576
.524
.463

77.4
66.0
58.0

Adjusted for seasonal variation.




Pay
rolls

Nonmanufacturing employment and pay rolls

2

87.6
70.8

National Industrial Conference Board.

32
32
32

36
33

8

SURVEY OF CURRENT BUSINESS

June 1933

Finance

T

HE consideration and passage of the "inflation"
rider to the farm bill has dominated financial
markets during the past month. The principal provisions of this bill, which became law on May 12, dealing with the monetary system authorized the President
at his discretion to, first, direct the Federal Reserve
banks through their open-market operations to add
$3,000,000,000 to their Government security holdings
(on May 17 the banks held such securities to the value
of $1,836,598,000); second, to issue $3,000,000,000 of
legal tenders, or greenbacks, under the law enacted in
1862; and, third, to reduce the gold content of the
dollar as much as 50 percent.
The general banking situation during April and the
first 3 weeks of May was featured by a steady reduction in member-bank borrowing at the Federal Reserve banks and by a general easing of the credit situation as compared with March. Effective April 7,
the Federal Reserve Bank of New York lowered its
rediscount rate from 3K to 3 percent. Further evidence of the improved credit situation was reflected
in the decline of money rates.
The decline, during April and May, in Federal Reserve bank credit outstanding was particularly reflected in a sharp drop in bill holdings and in money
in circulation. The increase in gold holdings, indicating in large part a return from hoards, and the
steady diminution in the outstanding amount of Federal Reserve notes were the principal factors in the
increase in the reserve ratio which, for the week end-

ing May 20, stood at 67.1 as compared with a reported
ratio of only 45.6 early in March.
The average of renewal call-loan rates during April
showed a material decline from the March average.
By April 12 call rates had again fallen to their former
level of 1 percent after they had reached 5 percent during a brief period in March. Time loans showed a
corresponding decline but commercial-paper rates experienced a comparatively small drop.
Despite several reactions of 2 or 3 days each, stock
prices tended upward during the whole period under
review. At the announcement of the complete suspension of gold payments stock prices rose steadily,
and for 3 successive days the turnover averaged approximately 6,000,000 shares. With the approval of
the farm-relief bill with its monetary amendments on
May 12, the market turned very strong again and prices
of both stocks and basic farm products showed marked
gains.
The bond market displayed irregular tendencies,
moving at times contrary to the trend in the share market, as was to be expected at a time when fears of inflation dominated the security markets. On the whole,
however, bond prices have improved.
On May 1, the Government announced that licenses
for the export of gold to meet maturing government
obligations or interest on United States "gold" securities held abroad would be refused by the Treasury on
the ground that "such export would not be in the
public interest."

CREDIT AND BANKING STATISTICS
Bank debits

Year and
month

New
York
City

Outside
New
York
City

Reporting
member
banks, Wednesday
closest to end of
month
Loans
All
on
other
securi- loans
ties

Investments

Condition of Federal Reserve banks, end of
month

Net

gold
Total
imbankPostal
Deer's ac- ports
Savings,
Reserve bank credit outstanding
inceptMoney posits,
balNew
Mem- ances cluding
in
York ance to
gold circu- State
outber
credit
United
reBills States Total
lation savings of debank standBills bought
leased
banks positors
dis- in the Govern- deposits reserve
from
Total countend
if
acment
open securicount month eared
mark i
market ties
Thousands of
dollars

Millions of dollars
1930: April
1931: April
1932:
April
May
June
July-

August
September
October
NovemberDecember.
1933:
January. __
FebruaryMarch
AprU.

38,631
26,821
15,558
12,913
14,202
12,728
13,458
14,163
12,944
9,815
13,967

24,315
19,620

8,381
7,052

8,583
7,941

5,789
7,903

4,974
4,902

14,366
12, 498
12,901
12, 511
11, 756
11, 767
12, 354
10,935
12,820

5,099
4,907
4,745
4,631
4,512
4,521
4,311
4,288
4,315

6,783
6,724
6,518
6,365
6,284
6,185
6,130
6,125
5,982

7,151
7,385
7,491
7,700
7,743
8,201
8,585
8,589
8,507

12,413
12,036
12,454
12,012

12,053
10,401
9,608
10,467

4,259
4,234

5,907
5,393

8,559
8,196

/ 4,155

/5,472

/ 8,570




i Net exports indicated by (—).

210
163

530
598

2,434
2,434

2,385
2,371

1,414
1,422

66.2
42.0

4,518
4,647

4,507
5,059

170,152
313,775

1,850
2,096
2, 310
2,439
2,331
2,233
2,227
2,202
2,145

233
157
556
490
440
538
433
332
328
309
235

48
36
67
43
34
33
34
35
33

1,228
L, 549
L, 784
1,841
L, 852
L,854
1,851
]1,851
]L, 855

2,225
2,240
2,028
2,158
2,241
2,312
2,446
2,484
2,561

2,124
2,113
1,982
2,052
2,146
2,225
2,383
2,411
2,509

879
787
747
705
681
683
699
720
710

-26.2
-217. 7
-234. 8
52.8
106.6
100.2
66.4
70.3
171.9

5,452
5,456
5,530
5,752
5,720
5,685
5,643
5,643
5,699

5,262
5,243
5,282
5,253
5,243
5,282
5,271
5,265
5,314

722,846
742, 645
784,820
828,549
847,421
858,720
870,823
884, 297
900, 796

2,077
2,794
2,572
2,459

274
582
426
435

31
336
305
171

L, 763
]L, 866
]L, 838
1,837

2,554
2,236
2,133
2,380

2,446
2,141
1,949
2,132

707
704
671
697

37.0
-169. 4
— 113.3
23.7

5,631
5,892
6,998
6,137

5,317 942, 519
5,269 1,005, 573
5,220 1,111,575
5,164 1,157,652

/Estimated on basis of new report covering 90 cities; old report covered 101 cities.

9

SURVEY OF CURRENT BUSINESS

June 1933

Foreign Trade
Both in quantity and value exports of the latter
group were the largest for any month since June 1932,
reported for the first quarter of 1933. Exports de- while exports of lubricating oil were the largest in
clined by a slightly smaller amount than usual from quantity since July 1930. Heavy iron and steel exthe March figure, while the decrease in imports ex- ports showed a further expansion in quantity, the
ceeded the normal seasonal movement. The adjusted increases being spread over a wide group of products.
index of exports advanced one point to 29 percent of Exports of automobiles and electrical machinery and
the 1923-25 average while the import index dropped apparatus were larger than in March. Lumber, rubber
from 26 percent to 25 percent to a new low. In manufactures, industrial machinery, and agricultural
comparison with the corresponding period a year ago, implements failed to maintain the gain made during
the decline of 22 percent in the value of exports com- the preceding month.
pares with a decrease of 30 percent in March and the
Imports for the month lacked a uniform trend as
drop of 30 percent in imports with the March reduction some commodities showed marked decreases while
of 28 percent. Exports exceeded imports during the others increased considerably. Among the former
month by $17,000,000 as against $8,600,000 in April, were coffee, crude rubber, vegetable oils, tobacco,
1932, and $13,000,000 in March.
burlaps, cotton manufactures, flax manufactures,
Exports of raw cotton, fruit, and lard showed the wood pulp, and crude petroleum, and among the latter
usual seasonal decrease in April, and the loss in these cane sugar, cocoa, raw silk, newsprint, tin, and fertifew items was nearly as great as the decline in total lizers. Crude rubber imports were 45 percent less in
exports. Unmanufactured cotton exports, amounting quantity in April than in the corresponding period of
to 240,257,000 pounds valued at $16,935,000, fell 1932.
below the shipments in April 1932 but were larger than
Export prices for the month reflected the advance in
in the corresponding periods of both 1930 and 1931.
the price level in the United States during April.
Cotton cloth exports also decreased as compared with
March and were less than in the corresponding period Among 22 leading commodity exports, unit values of
of 1932. The value of coal-tar products, fertilizers, 16 increased. Unmanufactured tobacco, raw cotton,
and other chemical products was considerably smaller and automobile casings were among the export comthan in March and somewhat less than in April 1932. modities which were slightly higher in price than in
Exports of both crude petroleum and of refined April 1932. In import trade relatively few leading
mineral oils showed a marked increase during April. articles showed increases in unit value.
trade returns for April indicate a conFOREIGN
tinuation of the extremely low totals which were

EXPORTS AND IMPORTS
Exports,
Total Total
inim- cludexports, ports, ing
Year and month
adreexadjusted justed! ports

Crude materials

Foodstuffs

i

Total
Total

Raw
cotton

Finished manufactures

Total

SemiFruits manand
ufacprep- tures
arations

Monthly average 1923-25=100
1930: April
1931: April
1932:
April
May
June
July
August
September
October
November
December
1933:
January.
February..
March
April

2 63
2 40
2 29

2 56
2 39
2 27
1

176556—33


AutomoMa- biles,
Total chin- parts,
and
ery
accessories

j
Total

SemiCrude
ma- Food- inaiiterials stuffs ufactures

Finished
manufactures

Millions of dollars

i__

Cumulative, January
through April:
1931
1932...
1933.

General imports

Exports of United States merchandise

Indexes

189.3
110.6

50.8
31.0

35.2
18.1

307.8
185.7

105.6
54.7

69.7
51.9

61.8
33.4

70.8
45.7

58.6
18.7
18.2
60.5
14.7
52.5
14.1
46.9
12.9
46.3
15.9
45.9
12.2
16.9
48.4
7.9 S 14.6 j 46.6
4.8 ! 15.7 i 45.0

12.2
11.3
10.3

7.9
7.9
6.3
6.2
5.1
4.9
5.0
4.4
5.1

126.5
112.3
110.3
79.4
91.1
98.4
105.5
104.5
97.1

36.2
28.4
29.6
19.5
22.2
27.3
27.2
27.8
28.7

38.1
37.2
32.8
26.3
29.2
31.3
33.5
32.0
28.2

18.9
17.2
18.5
11.9
15.1
14.6
16.7
16.6
16.7

33.3
29.5
*29.4
21.8
24.6
25.3
28.1
28.1
23.4

6.5
6.3
6.9
7.4

96.0
83.8
94.9
88.4

27.2
21.1
23.6
21.1

30.7
30.0
33.6
32.8

16.2
13.6
14.8
13.5

21.9
19.1
22.9
20.9

67.4
31.4
27.1

754.0
524.2
36.3

235.0
147.7

196.4
156.5

141.6
89.6
58.1

181.1
130.4

4.6 |
6.4

47.8
31.1

331.7
215.1

326.5
210.1

52.4
40.2

31.1
22.9

37.1
28.2

135.1
131.9
114.1
106.8
108.6
132.0
153.1
138.8
131.6

132.3
128.6
109.5
104.3
106.3
129.4
151.0
136.4
129.0

34.0
29.8
24.2
27.6
29.7
47.4
60.5
55.3
52.2

20.7
17.7
13.4
15.9
18.1
32.1
40.0
38.5
39.0

21.0
20.0
18.0
15.6
17.3
20.4
25.2
19.9
16.0

120.6
101.5
108.0
105.0

118.6
99.4
106.3
103.1

42.3
31.8
29.4
28.6

29.7
20.6
18.1
16.9

16.2
12.8
13.4
11.3

4.6
3.8
3.9
3.9

15.8
13.2
16.5
15.3

44.3
41.5
47.0
47.9

924.9
594.0
435.1

907.5
581.6
427.4

202.9
186.8
132.1

115.5
130.6
85.3

126.2
89.1
53.7

36.7
24. 3
15.2

124.5
73. 7
60.8

454.0
232.0
180.7

Adjusted for seasonal variation.

4.0
4.5
3.7
4.3
5.4
9.6

1

9.6
9.0
9.1

11.6
10.2
9.7

I

9.2 I
8.5
9.4
8.8
141.7
50.8
35.9
2

Monthly average.

127.1

84.8

10

SURVEY OF CURRENT BUSINESS

June 1933

Real Estate and Construction

W

HILE some slight improvement occurred during
the first half of May, the building industry has
thus far failed to share in the advances reported in
other important lines of activity during the recent
recovery period. The total value of contracts awarded
in the first half of May ($42,000,000) was only slightly
more than half the amount of awards in the similar
period of 1932, according to F. W. Dodge Corporation's statistics. Compared to the April showing,
however, an increase of more than 40 percent took
place in the daily average value of lettings, whereas
the trend is usually downward at this time. Contracts
in St. Louis, New York City, and Chicago made the
best relative showings. Gains in residential building
placed the daily average value of those awards at the
highest level for any corresponding period since last
May. The New England and Middle Atlantic States
reported the greatest activity in that class of construction.
The Federal Keserve Board's adjusted index, based
on a 3 months' moving average of values, including an
estimate for May, remained unchanged from the low
of the previous month. Thefigurewas approximately
half that for April a year ago and less than one fifth of
the April 1931 total. The combined value of all contracts awarded ($57,000,000) was smaller than the
monthly average for contracts let in the winter months.
Awards in metropolitan New York and vicinity aggre-

gated $11,000,000, while in the Middle Atlantic and
New England States they amounted to $9,000,000 and
$6,000,000, respectively.
Since last January residential contracts have made
up an increasing proportion of the total value of all
awards. The second consecutive advance brought the
total value to the level prevailing last November. A
year ago, however, the amount was 50 percent higher.
Public works and utility contracts receded to the lowest point reported since comparable statistics have been
assembled. In value they were 40 percent below the
monthly average for this year and 58 percent under that
for the same period in 1932. In April 1931 the value
of this class of awards was almost 10 times as large.
Shipments of maple and oak flooring, as well as
cement, showed increases during the month. The
April total for each was above the monthly average
figure for 1933, although less than in April 1932.
Building-material prices have not participated to any
extent in the recent forward movement of commodity
prices. The construction cost index of the Engineering News-Record (including prices of structural steel
shapes, cement, lumber, and the rates paid common
labor), increased in April to the highest point since
February 1932. No long-term real-estate bonds have
been publicly offered since February, and there has
been no change for the better in the long-term capital
market.

BUILDING MATERIALS, CONSTRUCTION, AND REAL ESTATE
Building material
shipments

Construction contracts awarded

Year and month

F.R.B.
index
adjusted 1

AD types of
construction

Residential
building

Public works
and utilities

Explosives,
new
orders Maple Oak
Cefloor- floor- ment
ing
ing

Monthly
MilMilThouMilMil- sands
Thouaverage lions of Mil-of lions of lions
of squareof lions of sands of
square dollars
1923-25= square lions
dollars
pounds
dollars
feet
feet
feet
100
1930: April
1931: April
_...
1932:
April
_
It May
June
__
July
August
September
H October..
_.
November
December
1933:
January
February
March.
April.
Monthly average, January
through April:
1931
1932
1933

101
73

56.6
39.4

483
337

25.4
22.6

123.1
95.9

27
26
27
27
30
30
29
27
28

13.9
15.7
12.3
14.4
13.9
13.5
11.1
12.1
6.9

122
146
113
129
134
128
107
105
81

7.2
6.7
5.8
5.5
5.5
6.6
6.0
5.5
3.4

8.5
7.4
9.9
10.9

83
53
60
57

32.6
13.9
9.2

293
102
63

22
' 19
14
14




Construction
costs,
Framej Brick Eng.
house house NewsRecord
(6(6room) room)

Thousands of Thou- First of month, monthsands of
feet, board
ly average 1913 = 100
barrels
measure

Real
estate
market activity,
deeds
recorded

Longterm
real
estate
bonds
issued

Monthly avThouerage sands of
1926=
dollars
100

13, 340
11,184

173
157

176
167

207.1
191.6

73.0
62.0

27,435
7,235

12, 555 6,536
12,939 8,020
10, 253 9,264
7,699 9,218
11, 626 10, 968
11, 739 9,729
10, 657 8,743
5,918 4,782
4,327 2,835

154
152
150
148
148
149
148
148
149

160
157
157
154
155
155
153
154
153

153.1
152.8
152.2
153.4
156.8
158.0
159.2
158.2
158.5

54.6
54.6
55.2
47.2
54.2
53.4
60.4
50.1
52.9

490
0
80
0
0
700
0
220
200

4,433
6,074
7,573
9,479

2,502
2,278
3,510
4,949

147
146
147
143

152
151
153
150

158.4
159.3
158.4
160.2

50.4
57.2
41.7
41.1

0
900
0
0

23,619
12, 237
6,890

7,036
4,255
3,310

162
156
146

170
162
152

194.3
158.7
159.1

64.1
56.5
47.6

4,340
618
225

165.7
133.0

33, 204
28,721

4,096 31,874
3,226 28,155

25.6
23.1
19.7
20.8
22.8
21.9
19.2
13.0

1,999
785
211
182
106
265
205
243
138
543
181

47.3
61.7
50.1
60.0
64.2
68.7
58.5
54.2
43.3

17, 814
16,139
14, 319
14,473
17,607
20, 867
22,122
19,074
17,998

2,200
2,325
2,281
2,264
2,816
2,402
2,031
1,902
1,590

3.2
3.1
4.8
5.8

12.0
11.8
16.0
19.1

832
148
117
85

42.7
17.2
17.6
13.6

17,129
15, 437
15, 435
15,006

1,496
1,318
1,246
2,097

18.4
7.2
4.2

82.3
28.5
14.7

487
221
296

114.6
32.4
22.8

25, 748
18,132
15,752

2,873
2,129
1,539

i Based on 3-month moving average and adjusted for seasonal variation.

Building
material
prices

11

SUEVEY OF CURRENT BUSINESS

June 1933

Transportation
the second week of May carloadings
DURING
exceeded the total for the corresponding period
of the preceding year for the first time since 1929.
Weekly loadings during the first 3 weeks of May
averaged 529,000 cars, which compares with the
April figure of 501,000 cars and an average for the full
month of May 1932 of 522,000 cars.
The April increase in loadings was reflected fully in
the adjusted index, since the normal change for the
month is slight. Nevertheless, the gain was not
sufficient to offset the March drop, and the adjusted
index for April was below that for February and was
10 percent below April 1932. For the first 4 months
of the year loadings were 14 percent less than in 1932.
The rise in I.e.1. merchandise has been relatively less
than in other groups. The adjusted index for the class
dropped to a new low in April, and loadings so far in
May have also shown a tendency to lag. In the second
week of May l.c.l. loadings was the only group which
was below a year ago, and the decline for this class was
9 percent. While motor transport may be obtaining
a larger share of this class of freight at the present time
and thus account for the failure of the merchandise
loadings to rise more rapidly, no statistics are available
to measure highway traffic.
The traffic decline in March was reflected in the
operating revenues of the class I roads which were
only slightly above the total for the short month of

February. The reduction in March from the same
month of 1932 amounted to 24 percent, compared with
a drop of 20 percent in February and with 20 percent
for the first quarter. Net operating income for March
was $10,548,000, or less than a third of the income for
March 1932. For the first quarter of the year class I
carriers reported a net operating income of $33,909,358,
equal to an annual rate of return of 0.67 of 1 percent on
their property investment and about half of the income
of the first quarter of 1932. The Bureau of Railway
Economics reports that 73 class I railroads failed to
earn their expenses and taxes in the first 3 months of
1933. The first 66 railroads to report for April had
net operating income 7.8 percent below 1932, which
compares with a March drop of 67 percent for the
same roads.
The administration bill designed to strengthen the
railroads and protect existing investments by making
possible further additional savings in operations was
transmitted to Congress early in May. Three emergency steps were advocated as follows: (1) Repeal of
the recapture provisions of the Interstate Commerce
Commission Act; (2) regulation of railroad holding
companies by the Interstate Commerce Commission;
and (3) the appointment of a Federal Coordinator of
transportation to encourage, promote, or require
action to avoid duplication of service, prevent waste,
and encourage reorganizations where necessary.

RAIL AND WATER TRAFFIC
Financial
statistics

Freight-car loadings

Canal traffic

F.R.B. index

Year and month

I

S3

£

s

ill

J

I

3
Monthly average, 1923-25 =
100
1930: April
1931: April
1932:
April..
May
June.
July
August..
September
October__
November
D ecember
1933:
January
February
March
April

-

M o n t h l y average, January through April:
1931...
1932
1933
1

Daily average basis.




1

Thousands

Thousands of cars 4

Thousands of
short tons

Thous.
of long
tons

428
603

2,420
1,986

62,312
39, 654

40, 000
36, 800

410
922

312
349

1,120

199. 7
194. 5
190. 9
174. 3
181. 9
203. 2
229.6
189. 0
153. 1

728
751
773
764
708
599
545
622
647

1,286
1,270
1,300
1,276
1,323
1,339
1,158
1,078
1,248

20, 624
11,951
12, 653
11, 597
28,368
49, 647
63, 839
34,179
32, 857

28,000
17, 200
9,900
12, 000
9,000
7,300
10,400
7,500
5,900

1,568
1,988
2,638
3,095
3,807
3,924
2.877
215

250
415
454
376
528
478
554
588
0

620
662
633
576
650
638
723
682
587

152. 6
149. 4
152. 7
185. 2

692
650
681
619

1,158
952
872

13, 266
9,855
10, 548
19,000

10, 500
8,000
11, 300
11,500

0
0
0
696

0
0
0

560
623
725
302

6 3 269 1
3 0 189. 0
2 3 161. 5

631
724
661

»2,029

'36, 797
'21,518
13,167

45, 225
31, 200
10,325

16. 6 377. 6
8.0 303. 2

912.3
751.6

135.9
116.1

10.2
7.0

57. 4
32. 8

39.1
37. 5

24. 5 251.0
21. 8 225.1

554.8
521.9
491.6
484.4
516.3
561.1
631.6
548.8
497.4

92.3
74.6
66.7
72.3
84.6
103.6
135.2
122.8
125.2

3.8
3.1
2.9
2.6
2.7
3.4
4.8
4.8
5.6

19. 7
18. 7
16. 8
14. 6
15. 5
17. 1
18.9
16.0
13. 2

30.8
29. 2
25.3
36. 9
38. 5
37. 1
34. 7
27. 8
26. 5

18. 7
17. 1
14. 9
14. 4
16.9
20.3
23. 4
19 0
16 6

186.3
182.1
170.5
163.3
169.1
170.3
178.7
166.5
155.4

3.4
2. 6
3.5
6.1
7. 1
6.1
6.4
3.0
1.8

477.6
489.5
460.3
500.9

107.1
123.1
91.4
79.5

5.2
6.2
4.5
3.4

13. 7
13. 7
14 6
17. 2

26.6
25. 3
26. 0
35.5

17 2
15 4
13 0
16 5

153.4
154.6
156.1
160.5

1.8
1.8
20
3^2

729.5
562.6
483.2

134.3
109.8
99.0

8.1
5.4
4.7

33 7
19.4
15 0

39 3
31 2
28 8

22 3 216.5
19 1 185.8
15 6 156.4

For seasonal variation.

Thousands of
dollars

3 American vessels, both directions.

1

»1, 490
"746

Average weekly basis.

915
657
557

»3 months' average.

12

SURVEY OF CURRENT BUSINESS

June 1933

Automobiles and Rubber
AUTOMOBILE production has increased steadily
I J L since the termination of the banking holiday, and
output in May is expected to reach the highest total
since 1931. April output exceeded the early estimates
and was not far below the 1932 peak reached in May
and June. It was substantially higher than in April
1932, and the gain was sufficient to bring the average
rate of production for the first 4 months of the year 6
percent above the like period last year. Both passenger
cars and commercial vehicles shared in the rise and in
almost a like proportion. Truck output at the factories was the highest reported for any of the past 12
months and equaled the production of May 1932.
Canadian plants extended their gains of March, and
while the April rise was not as great as reported for
manufacturers in the United States, the total exceeded
every month since March of last year.
Early in April a distinct uptrend in sales was witnessed in the automobile field. Throughout the month
each succeeding week showed advances in the retail
movement of both passenger cars and trucks. The
major part of the activity was in the low-price field.
This same condition continued throughout the first 3
weeks of May with the retail sales steadily rising. The
third week in May recorded the highest sales total for
the year to date and preliminary figures indicate that
it will exceed the same period last year. The seasonal
peak in sales is expected to be reached somewhat later
this year than is customary owing to the March diffi-

culties. Nevertheless, passenger-car registrations in
that month almost reached the January total.
Exports of automotive products from the United
States continued to run well ahead of last year.
During the initial quarter of the current year foreign
shipments exceeded by a wide margin the movement
of the same period in 1932, and the April totals were
sufficient to maintain the already existing increase.
Truck exports were particularly heavy, and compared
with April of last year showed a gain of 63 percent.
The volume of imports of crude rubber into the
United States fell sharply during April. Following a
rise in the preceding month, the decline wras sufficient
to bring the total to a record low figure. Receipts from
abroad during the first 4 months of the current year
were 29 percent below the same period last year with
each month registering a decline below the corresponding month in 1932.
According to preliminary statistics, the production of
pneumatic casings for April showed an increase of 70 percent over March but was slightly below April of 1932.
Shipments of pneumatic casings for April exceeded
production by 14 percent. As a result, manufacturers'
inventories registered a decline during the month.
April domestic consumption of crude rubber showed
a substantial increase over March, but was small when
compared with that for April of former years. For the
first 4 months of 1933 the average consumption was 25
percent below the corresponding period last year.

AUTOMOBILE AND RUBBER STATISTICS
Automobile production

F.R.B.
Index,
adjusted i

Tear and month

Monthly average
1923-25
= 100
1930: April
1931: April.
1932:
April

May
June
July
August
September
October
November.
December
1933:

January
February
March
April
Monthly'average, January through April:
1931
1932
1933 _




.

j

Automobile
exports

Automobile
financing

New

! PasCanada
United States
senger
car
PasPassen- Trucks ; regTaxiger
cars
senistraTotal
! tions
ger
cabs Trucks Total
cars
I
Thousands

Millions of
dollars

4,518
3,955

3,886
3,804

36,186
30, 655

45,648
44,908

419, 288
520, 232

!
!
i
1

34
39
44
26
22
19

1

13

i

12
20

56
58
63
45
45
39
34
28
27

2,813
3,056
4.515
2,893
2,471
2,031
2,055
1,843
1,586

2,886
3,325
8,212
1,845
2,065
2,411
1,385
1,306
1,405

23,877
26,861
35,987
26,010
20, 582
20, 692
19, 337
20,157
15, 631

38,454
34, 323
41,117
32, 524
33,989
29, 253
35,807
29,434
32,016

621,947
629,110
593, 601
579,195
595, 782
599, 761
604, 008
611, 301
621, 078

79, 821
69, 464
78, 741 [
119 909 1

30
28
28

31
29
33

1,806
1,871
1,630

2,011
1,764
1,616

19,928
18,825
15, 701
22,817

30,663
22,969
28,475
21,034

614,851
618, 299
622,142
617,490

?51
o34
"28

"73
*47
"31

" 3, 286 " 2,859
o 2,935 " 2, 266
" 1,769 "1,797

28, 396
25, 704
19,318

39,167
36,473
25,785

515, 388
625, 262
618,196

357, 064
265, 732

6,810
8,221
7,112
7,472
4,067
2,342
2,923 I
2,204
2,139

4,669
3,604
2,972
3,039
2,893
3,054
1,753
1,763
2,757

1,630
1,505
1,387
1,865
2,044
2,433
2,549
1,349
2,221

121, 093
131, 282
148, 752
104,188
93, 457
81, 893
63,195
44, 358
44, 459

21,718
15, 333
18 064
27 308

3,358
3,298
6 632
8 255

7,059
5,521
5 528
5 662

3.084
3,136
2,528
2 656

42, 059
22,700
20,606

11,630
6 084
5,386

486
665

71, 092
50, 022

35
45
47
33
23
24
17
31
60

148
184
183
109
90
84
49
60
107

121
158
160
95
76
65
35
47
86

31
73
235
27
9
13
5
239
291

27, 389
26, 539
22, 768
14, 438
14, 418
19,402
13,595
12, 025
21, 204

48
33
27
44

130
107 I
119
181

108
91
100
153

5
152
660
391

69
36
38

251
126
134

208
103
113

529
57
302

24, 257
17,159

Long tons

147
113

11,461
5,498

372
286

Thousands

85
71

23, 777
11,229

444
337

Crude rubber

DoBy
Do- mestic
World
whole- Retail Pro- mestic
conIm- stocks,
pur- duc- ship- sump- ports
sale
end
of
deal- chasers tion ments tion,
month 2
ers
total

Number

102
77

Pneumatic
tires

i

1

Adjusted for seasonal variation.

10,132
4,907
5,943

5,083
2,360
2,851

181,873
95, 898
86, 984

o 3 months' average.

13

SURVEY OF CURRENT BUSINESS

June 1933

Chemical Industries
but little in this period. General chemical prices were
in the middle of May at approximately the same level
largely on developments arising out of governmental as at this time a year ago.
Employment in the chemicals and chemical products
programs and the improvement in general business
activity. A reversal in the downward trend of prices, industries increased over 5 percent in April to the
accompanied by greater demand by the chemical highest volume reached since this month a year ago,
consuming industries, brought about an increase in when employment was at the same level. The rise
April production of 6 percent from the low level since March has been about double the usual seasonal
reached in March, and an increase in employment increase at this time of year. Pay rolls, however,
increased but 1 percent in April to a volume 11 perabout twice the usual rise at this season.
The signing by the President on May 18 of the cent less than in this month a year ago. The May
Muscle Shoals bill was of particular interest to the indexes are expected to show more substantial
nitrogen and fertilizer divisions of the industry, as increases.
Stocks of chemical raw materials declined seasonally
experimentation and the production of these products,
with possible future leasing of the plants is provided in April to a volume slightly less than in April 1932
for. State and Federal legislative proposals dealing but they were a little greater than the amount on hand
with the compulsory blending of alcohol in motor fuels in this month 2 years ago. Manufactured chemical
and Federal congressional plans of more general indus- stocks also declined seasonally in April and were well
trial application are being keenly followed in the below the level of a year ago.
Current low stocks of fertilizer were sharply reduced
industry.
Wholesale prices of chemicals and drugs as a group by the spring demand and imports during April
turned upward in April and early May, after declining increased, although there is usually a seasonal falling
steadily since the slight temporary rise which occurred off in this month. The Chilean Nitrate Corporation
last August. The increase, which started slowly in (Cosach), which was placed in liquidation by the
April, became more pronounced in the month following. Chilean Government at the beginning of the year, has
The greatest improvement was noted in prices of been reorganized and affiliated with all other Chilean
fertilizer materials and of paint and paint materials, nitrate producers. United States imports of nitrate of
while prices of drugs and pharmaceuticals have changed soda have been negligible during the past year.

influences affecting the chemical
OUTSTANDING
industry during April and early May centered

CHEMICAL STATISTICS
General operations

Year and month

Alcohol

Employment
Stocks
Electrical
Pay
energy
rolls
Raw
conunad- ManuUnad- Ad- 1 justed
facsump- justed
justed
tured matetion
goods rials
Monthly average, 1923-25=100

1930: April
1
1931: April
— _j
1932:
April
.!
May
:
June
|
July
.!
August
|
September—.
.!
October
1
November
;
December
i
1933:
;
January...
;
February
..'.;
March
...!
April
!
Monthly average, January '
through March:
;
1931
;
1932__.
____!
1933.
1

Production
Thousands of gallons

137. 2
137. 4

111.7

96.7

105.6
91.7

110.9
92.0

134
128

100
92

12, 221
11,162

446
199

118.9
129.9
123.8
124.9
116.6
126.8
129.0
130.1
124.3

82.4
78.3
74.2
72.3
72.2
74.0
75.1
75.5
75.4

78.5
79.7
76.4
74.7
74.0
73.7
74.9
75.2
75.2

68.5
66.9
63.2
60.0
60.0
59.8
60.7
60.9
59.8

134
131
118
120
116;
121
122
121
121

97
93
91
88
90
112
122
122
117

10,137
11, 578
10, 577
11, 908
12, 365
13,355
13,140
7,391
5,278

126.0
130.0
115.6
122.7

76.2
77.3
78.2
82.4

76.4
76.4
75.6
77.6

60.7
60.8
60.4
60.8

122
120
123
119

112
104
99
94

6,014
9,084
8,229

138.8
128.8
123.5

95.4
81.5
78.5

91.2
70.2
60.7

130
133
121

100 ? 10, 886
105 i 10,030
102 " 7,776

Adjusted for seasonal variation.




Fertilizer
ByTurprod- Explo-1 Rosin, penReSynuct
sives wood tine,
fined thetic coke
wood
Ethyl methmethConTotal Nitrate
anol anol
sump- imports
of soda
tion 2
imports

* Southern States.

Thous. Thous.
of short of lbs.
tons

4,217
3,146

113
72
97
84
151
102
198
141
174

535
785
502
743
713
794
793
698
571
532
644

166
117
118
91
246
127
123

Barrels

Thous.
of short
tons

Long tons

43,919
35, 585

8,303
6,344

1,372
1,133

179, 599
143, 250

69, 788
67,008

1,883
1,743
1,537
1,523
1,474
1,544
1,739
1,752
1,786

30,967
28, 280
16,804
16,896
14, 018
12, 563
17,903
19, 557
22, 624
20,753
17,930

26,443
30,597
29,483
30,076
31,141
31,155
33,132
31,308
29,220

4,415
5,151
4,827
4,878
4,861
5,020
5,202
5,454
5,070

156
68
14
40
97
98
60
85

61, 433
84, 746
57, 388
49,999
57, 586
87, 502
91, 606
80,319
47,960

2,675
37
647
100
0
517
13
4,887
48

353
325
178
425

1,785
1,639
1,666
1,656

17, 777
16,008
15, 804
16,005

31,188
25, 583
26, 597
24,926

4,975
4,175
4,255

205
298
825
119

94, 313
90, 349
97, 507
102,204

405
2,516
106
66

738
537
320

3.098 27,612 | 31,487 5,619
2,017 17,534 j 23,958 3,873
1,687 16,399 ! 27,074 4,309

859
512
362

169,437
83, 699
96,093

75,358
11,317
773

o 3 months' average.

14

SURVEY OF CURRENT BUSINESS

June 1933

Farm and Food Products
revival in activity was experienced in
MARKED
the food-processing industries during April and
the early part of May. The Federal Reserve Board
index of production rose 15 percent from the level
of the preceding month and showed the same margin
over April of last year. During the first 4 months
of the current year output in the industry exceeded
the comparable periods in 1931 and 1932 by 2 percent
and 4 percent, respectively.
Employment also experienced a gain, breaking the
steady decline which has been in force since last
October. The rise for the month amounted to 4
percent and was sufficient to bring the adjusted index
back to the level of the early fall months of 1932.
The index for April was 3 percent below the same
month last year.
Prices in April continued the upward movement
which had its inception a month earlier, and the wholesale index recording a further gain of 3 percent.
During the first half of May this upward movement
was extended. Although the current level is still
considerably below last year, the index for April
reached the highest point recorded for 1933.
Market receipts of wheat at principal centers
increased during April, extending the gain of the
preceding month. The rise amounted to 23 percent
and showed a like margin over April a year ago.
Visible supply of wheat in the United States declined

8 percent from the March level. A report by the
Department of Agriculture on the May 1 condition
of the United States winter-wheat crop revised the
April figure slightly upward and estimated the crop at
337,000,000 bushels, the smallest since 1904.
Prices of wheat in this country continued far above
an export basis tending to make the domestic level
dependent upon the outlook in the United States.
The April average for all grades rose 21 percent and
was above the level reported for any month of last
year.
Corn receipts experienced a wider gain than wheat
and moved upward 70 percent. The total for April
was approximately equal to the average for that
month for the past 5 years. Prices were sharply
increased, advancing close to the level of a year ago.
Between March and April there is ordinarily very
little change in the total receipts of hogs and cattle.
This year a moderate increase occurred in both groups
and in the latter marked a rise from the extremely
low level of the 2 preceding months.
Importation of raw sugar continued the seasonal rise
from the extremely low totals reported for the closing
months of 1932. April was the fourth successive
month to report a gain but the advance of 25 percent
was not sufficient to bring the monthly average for
the current year above the average for the first 4
months a year ago.

FOODSTUFFS STATISTICS
Agricultural
marketings

Food products
F.R.B.

•a

Tear and month
o

5
Monthly averMonthly aver- Monthly
average,
age, 1923-25=100
age, 1923-25=100 1926=100

1930: April
1931: April
1932:
April
May
June..
July
August
September
October
November
December
1933:
January
February
March
April
M o n t h l y average January
through
April:
1931
1932
1933...
1

91
105

Is!

>

Millions of
bushels

1

I!
11

h

Meats

W)
©

Dollars
Dollari
Milper
lions of
per
bushel bushels bushel

Thousands

Imports

Butter

Stocks,
ConConcold
sump- stor- sumption,
tion,
age,
appar- end of apparent month ent

Millions of pounds

a
Thou- Thousands
of long ofsands
bags
tons

136
200

1.03
.75

0.80
.53

1,644
1,617

3,255
3,067

L, 017
1,004

9S6
1,100

141
146

459
460

1,065
1,126

179
172
167
178
188
194
190
177
169

.60
.61
.53
.48
.55
.55
.51
.49
.46

.34
.34
.33
.35
.33
.29
.24
.24
.22

1,376
1,397
1,338
1,291
1,606
1,689
1,896
1,543
1,161

2,960
3,050
2,545
2,159
2,405
2,505
2,691
2,775
3,121

1,032
1,033.
1,018
956
1,002
1,096
1,088
1,042
1,014

1,012
1,020
940
844
751
637
544
513
620

139
165
132
133
149
142
142
139
134

510
457
314
340
468
328
239
186
174

793
1,056
1,079
671
601
782
923
935
945

.23
.22
.26

1,318
1,136
1,171
1,296

3,381
2,699
2,638
2,798

1,061
919
993
1,031

717
751
749
788

129
123
129
134

258
289
430
536

911
1,083
1,109
922

1,000 1,056
137
133
438
1,025
983
129
1,001
751
378
Includes receipts from Hawaii and Puerto Rico.

1,229
1,096
1,006

97.5
90.6

94.9
76.3

55
57

83.6
83.2
81.1
79.4
81.0
81.8
81.3
80.7
80.0

61.0
59.3
58.8
60.9
61.8
61.8
60.5
60.6
58.3

55
52
41
51
71
124
164
131
84

79.6
79.2
78.4
81.2

55.8
53.7
54.6
56.1

158
148
137
126

90.5
83.9
79.6

78.2
62.6
55.1

202
198
142

Adjusted for seasonal variation.




99

n
II

Animals and animal products

Corn

Wheat

.72
.60
.53

Revised. Earlier data may be found on p. 19.

1,491
1,353
1,230

3

3,658
3,444
2,879

15

SUEVEY OF CURRENT BUSINESS

June 1933

Forest Products
more than seasonal nature since last fall, and pay rolls,
which reached a record low point in March, also indecline, according to the Timber Conservation Board, creased for the first time in this period. Pay rolls
continued in the first quarter of 1933. Consumption have, however, amounted in the first 4 months of this
in this period was a fifth less than in the first 3 months year to only a third of the volume in this period in 1931.
Weekly average carloadings of forest products
of 1932. New house construction has recently been
sufficient only to replace the old buildings torn down increased 18 percent in April over average loadings in
and those destroyed by fire, with no provision for in- the previous month. Lumber production has been
creasing population, and the Division of Building and maintained during the first 4 months of the year below
Housing of the Department of Commerce has pointed the volume of shipments, while stocks on hand were
out that a shortage of housing will become apparent reduced 6 percent in the first quarter of the year.
The Timber Conservation Board has recommended a
as soon as general business conditions improve.
Demand for lumber, as measured by new orders, continued curtailment of stocks.
The lumber industry is especially dependent on
declined in April from the relatively high level of
March, but picked up rapidly in the first half of May construction and general business conditions. Recent
to reach the highest weekly volume recorded during developments of primary interest have included the
the past 2 years. Prices showed but little improve- rising tendency of wholesale prices and numerous
ment, however, and much of the buying was for the legislative proposals having a direct bearing on the
industry, such as the planned Government stimulation
replenishment of dealers' stocks.
Lumber production in April increased more than of construction activity, the program of reforestation,
seasonally for the second consecutive month from the and Government home and farm loans. The exhausrecord low volume reached in February, and various tive survey of forest conservation and development
closed mills were reported reopening in early May. and its relation to Government, made by the Forest
A marked increase occurred in the production of Service at the direction of the United States Senate,
Douglasfirwith a rise of 32 percent in the weekly aver- has been issued. In accordance with the recent legisage production in April as compared with March. lative proposals for industry control, the lumber indusSouthern pine output rose slightly in this period. try has moved rapidly in developing a coordinated
Employment showed in April the first increase of program of action for the future.

consumption during 1932 was but little
1UMBER
more than a third of the volume in 1929, and the
J

FOREST PRODUCTS STATISTICS
General operations

Indexes of
marketing

Southern hardwoods

Douglas fir

Household3
furniture

Southern pine

Car-

LumEmber
pro- ployducment,
Year and month
tion,
adad- justed1
justed1

Pay
rolls,
unadjusted

Total
forest
products

Naval
stores

June
July

August
September

.-

October
November
December
1933:
January..
February
March
April
M o n t h l y average, January through April:
1931
1932
1933
1

Un-

Unfilled
orders

ProNew 2
duct i o n 2 orders

Un-

filled
Pro- New Un- Ship- filled
orders, duc- orders
filled
orders,
end of tion
orders ments end of
month
month

Number

days'
production

Millions of feet, board measure

78
48

75.2
55.4

73.8
44.9

77.6
63.6

100.6
98.3

57.4
32.8

255
146

199
154

627
463

82.3
50.5

73.1
56.1

265.9
215.8

278
165

243
169

180
104

27
28
26
25
23
23
24
21
23

40.2
39.0
37.9
36.1
35.7
36.6
37.6
37.3
36.8

23.2
22.2
20.9
19.0
19.3
20.9
22.4
20.9
18.8

56.0
57.7
53.3
55.4
54.8
51.5
55.9
51.3
46.9

67.8
102.3
104.0
114.3
107.4
89.4
78.4
77.2
70.3

19.7
18.7
16.8
14.6
15.5
17.1
18.9
16.0
13.2

101
98
94
71
59
68
68
68
49

105
101
90
83
114
154
113
101
68

272
270
242
227
265
275
256
246
252

20.5
25.0
22.2
15.9
22.5
24.1
22.7
21.1
16.4

21.3
27.0
26.2
21.3
29.2
38.4
22.5
23.7
21.2

62.7
71.2
60.4
57.7
81.0
119.1
76.1
81.9
85.1

106
100
91
83
91
80
113
99
75

110
103
96
91
149
134
144
91
68

62
62
44
46
80
82
75
50
44

26
20
22
24

35.0
34.4
32 5
33.3

16.3
16.3
14.3
15.6

50.8
50.8
54.1

31.7
23.0
32.9
69.4

13.7
13.7
14.6
17.2

60
60
64

79
90
98

238
230
226

23.4
24.4
21.1
28.8

26.4
24.3
28.3
33.6

120.9
109.7
107.9
120.4

85
78
87
89

96
76
113
113

47
25
23

55.9
42.2
33.8

45.2
25.1
15.6

"56.1
"51.8
9 51.9

50.2
36.9
39.3

33.7
19.4
15.0

» 155
"80
"61

177
»113
«89

0 470
0 321
0 231

45.5
25.0
24.4

51.4
27.3
28.2

194.2
97.1
114.7

162
95
85

176
116
99

Adjusted for seasonal variation.




Pro- New
duc- orders
tion

Thousands of
cars

Monthly average 1923-25=100

1930: April
1931: April..
1932:
April. _
May

loadings,
forest
products 2

2

Weekly average.

ff

J

Grand Rapids district.

16

18

13

15

7
6

7
7

6
7
9
12
12
9
6

7
10
10
11
9
7
fi

57
55
64
67

6
7
5
6

7
5
R
5

112
68
61

11
6

13

16

o 3 months' average.

11
6

16

SURVEY OF CURRENT BUSINESS

June 1933

Iron and Steel Industry
expansion in steel schedules since March,
RAPID
which advanced the rate of operations to approxi-

Ten additional furnaces placed in operation during
the month aided in stepping up production of pig
mately 40 percent of capacity in the third week of iron 15 percent, a smaller relative increase, however,
May, has been in sharp contrast to the continuous than the gain which took place in steel ingot output.
recession occurring in the corresponding period a year Although the 624,000-ton total exceeded the monthly
ago. While the betterment was well above seasonal average figure for the year, it remained 27 percent
and activity reached the highest point in almost 2 below the amount produced in the same month of
years, operations for the first 4 months of the year, 1932 and was less than one third the quantity reported
were considerably below the average level prevailing in April 1931.
The fourth substantial rise in iron and steel exports
in the same months of 1932.
(consisting
mainly of scrap), brought shipments to
The Federal Reserve Board's adjusted index of
the
highest
level since April 1931. The tonnage was
general operations in April increased 67 percent above
three
times
the small amount exported last August.
the figure for March. In the earlier month, however,
Total exports for the first 4 months of the year showed
activity was abnormally low, due to the bank holiday
a gain of 62 percent over the same period of 1932.
and curtailing economic influences. The advance in
Imports were also larger in April, but were 22 percent
employment over the record low point of the previous below last April's figure.
month was not sufficient to offset the reduction in
A slight increase in unfilled orders on the books of
March. Pay rolls showed a wider increase, but were the United States Steel Corporation, the first since
also below the February total and 24 percent below last October, placed the total at the monthly average
wages paid in April 1932.
level for the year. Shipments of steel sheets were
While output of steel ingots was 50 percent higher well above earlier months of the year, while new orders
than in the previous month and 100,000 tons more for this product were the highest since January 1932.
than the amount produced last April, the total was
In April, prices for scrap increased 14 percent,
slightly less than half of the tonnage reported for the Bessemer billets remained unchanged, and the trend
same month of 1931. Demand continued principally in composite iron and steel as well as finished steel was
from the automotive industry, although miscellaneous downward. During the first 3 weeks of May, the
orders showed some further improvement. Railway tendency was toward moderate price advances in various
finished products, and scrap prices improved further.
and building demands remained negligible.

IRON AND STEEL STATISTICS
General operations

Monthly average,
1923-25=100

—

April
Monthly average, January
through April:
1931
1932
1933




1

Thousands of long
tons

Furnaces
in
blast

Steel
sheets 2

United
States ManSteel ganese
Corpo- ore imPerration,
ports
Pro- cent
un- (manShip- filled
of New
duc- caor- ments
ganese
tion pac- ders
orders, con-i
end of tent)
ity
month

Steel ingots

Pig iron

Em- Pay
Produc- ploy- rolls,
Protion, ment, unad- Ex- Im- ducadports ports tion
adjusted i justed i justed

Year and month

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

Iron and
steel

Prices
Iron

Steel
billets,
steel, Bessecom- mer
pos- (Pittsite burgh)
and

Steel Finished
scrap steel,
(Chi- comcago) posite

Thou-

Num- sands of Per- Thousands of
ber
long cent
short tons
tons

Thousands of
long tons

Dollars per long ton

Dollars
per 100
pounds

107
71

91.9
76.5

97.7
69.1

209
101

54
48

3,182
2,020

183
113

4,109
2,767

300
192

292
211

4,354
3,898

34.48
31.61

33.00
30.00

13.00

9.81

2.39
2.22

32
29
25
25
23
28
31
31
27

59.0
56.5
54.8
52.1
50.6
51.3
53.2
53.8
52.8

32.1
30.4
26.0
22.2
22.1
23.4
26.2
25.6
24.2

58
80
52
53
33
36
41
56
54

36
40
34
IS
24
29
34
35
29

853
784
628
572
531
593
645
631
546

60
53
46
46
42
47
49
51
42

1,234
1,102
894
790
829
971
1,065
1,011
843

103
91
85
66
66
79
95
66
77

105
107
90
73
61
75
92
77
67

2,327
2,177
2,035
1,966
1,970
1,985
1,997
1,968
1,968

29.75
29.62
29.54
29.48
29.33
29.32
29.32
29.12
28.93

27.00
27.00
26.50
26.00
26.00
26.00
26. CO
26.00
26.00

7.00
6.40
5.69
4.88
5.75
6.25
6.00
5.93
5.25

2.17
2.17
2.17
2.17
2.17
2.16
2.16
2.15
2.14

29
31
21
35

50.6
51.4
48.3
50.0

22.7
24.7
22.4
24.4

57
64
81
100

22
20
22
28

569
554
542
624

45
45
38
48

1,009
1,064
891
1,335

81
83
119

79
73
75
100

1,899
1,854
1,841
1,865

28.69
28.31
28.35
28.16

26.00
26.00
26.00
26.00

5.25
5.25
5.35
6.00

2.12
2.10
2.10
2.06

76.6
61.6
50.1

67.3
35.3

99
47
76

39
34
23

1,868
939
572

110
61
44

2,720
1,386
1,075

194
109
90

192
113
82

3,998
2,498
1,865

31.66
29.73
28.38

30.00
27.19
26.00

10.02
7.20
5.44

2 22
2.14
2.10

Adjusted for seasonal variation.

50
25
20
2

Black, blue, galvanized, and full finished.

17

SURVEY OF CURRENT BUSINESS

June 1933

Textile Industry
APKIL conditions in the textile industry improved
INrapidly,
the adjusted index of the Federal Reserve

Wholesale prices of cotton goods advanced in ApriJ
and averaged 1.4 percent higher than in March, the
Board averaging 12 percent higher than in March, first increase between March and April since 1918.
31 percent higher than in April of last year and only Prices of these goods are still 8 percent lower than a
15 percent below the 1923-25 average. Activity in year ago and 49 percent lower than in 1929.
the woolen branch, which declined in February and
After decreasing sharply in March, wool eonsump-.
March, again turned upward. Production has been tion increased 15 percent in April to regain about one
stepped up further in the early part of May, and sales half of the loss in the preceding month. Eeports from
are reported to be increasing.
trade centers indicate that recent conditions are much
Employment increased 3 percent over the preceding improved. April consumption was 44 percent larger
month and was 2.7 percent above April 1932, the first than in the corresponding month of 1932. Activity of
time employment was greater than the corresponding woolen spindles increased from 42 percent of capacity
month of the previous year since October 1929, and the on a single-shift basis in March to 53 percent in April.
first increase between March and April since monthly Operations were about double the rate of April 1932.
data became available in January 1923. Pay rolls inWholesale prices of woolen and worsted goods avercreased 9.4 percent, but were 8.5 percent less than in aged about the same in April as in March, and 11 perApril 1932 and 28 percent smaller than the 1929 average. cent below the April 1932 level. However, recent
Wholesale prices of textiles showed an advancing trade reports indicate that prices for some articles were
tendency in April and the first half of May and textile advanced during May.
raw materials—cotton, wool, and silk—on May 20 were
Raw silk deliveries to American mills during April
33 to 45 percent higher than their lows for this year. were 7.6 percent larger than the March deliveries, as
April raw cotton consumption per working day compared with a 24 percent decrease from March to
averaged 19,018 running bales, 4 percent more than in April last year. They were 17 percent greater than in
March and a third more than in April last year. Pro- April 1932 and were also slightly larger than in April
duction of cotton printed cloths decreased in April but of either 1930 or 1931.
was substantially above a year ago. Shipments last
Prices of raw silk at New York advanced 12 percent
month were also smaller and stocks at the end of to the highest level since last December, but for the
April were about the same as at the end of March. month averaged 6.8 percent lower than in April 1932.

TEXTILE STATISTICS
Cotton,

Cotton and manufactures
Cotton cloth
finishing 2

£

i!
Year and month

.5
xtl

Monthly average,
1923-25=
100
1930: April
1931: April
1932:
April
May
June
July

1933:

Running
bales

Millions of
spindle
hours

531,911
508, 691

7,497
7,125

65
59
63
69
90
104
99
92
91

366, 481
332, 372
322, 706
278, 568
402, 601
491, 655
502, 244
503, 722
440, 062

5,199
4,592
4,250
3,656
5,539
6,866
7,046
6,967
6,386

87
83
76
85

471, 202
441, 663
494,167
470,685
470, 673
435, 338
469,429

95

August
September
October
November
December

January—_
February
March
April

Monthly average, January through April:
1931
1932
1933

_.

£
o
"ft

ris us II

Wool manufactures
Spinning
spindles

Silk
S

Looms

s
s

Operations, machinery activity

III

h to
§1

s

11. I

Thousands of
yards

sl

u ©

Monthly av- Bales of Percent of active hours Dollars
per
133
erage,
to total
pound ,
1926= pounds
100

Monthly average,
1926=
100

Thousands of
pounds

58
55

43
57

41
42

80.7
69.0

41,584
41, 356

101.3
90.9

59.6
44.6

51.8

4.186
2.266

26
30
30
39
59
70
73
60
55

29
25
34
50
57
74
73
58
57

21
18
16
17
26
36
43
42
33

59.7
58.3
55.0
53.6
53.4
56.7
56.5
55.3
54.2

35, 779
32,923
37, 466

38, 382
59, 905
59, 694
53, 703
43, 955
40, 548

56.3
43.2
39.5
47.1
67.6
83.7
84.5
76.2
83.2

43.1
39.6
35.8
45.9
38.3
43.6
46.8
45.3
34.2

38.7
30.4
28.6
41.0
50.2
62.0
61.9
52.2
55.5

1.421
1.231
1.194
1.231
1.647
1.805
1.673
1.562
1.550

Percent of active hours
to total reported

72, 721
86, 612
57, 894
43, 868
40, 993
37, 404
64,480
87, 988
87, 956
69, 515
79,175

84, 808
72, 973

89.6
71.4

88, 864
86, 324
71, 364
71, 624
62, 547
59, 040
66, 633
74,850
81, 933

55.1
52.9
51.0
50.0
52.6
57.9
56.2
53.6
51.7

36,794
47, 710
19, 954
16, 519
18, 93a
26, 719
41, 361
46, 055
42, 423
38,963
36, 532

6,788
6,286
7,048

88, 300
93, 773
95, 746
74,463

80, 097
82, 272
80, 446
80,765

50.1
49.1
50.0
50.7

35, 510
33, 278
24, 943
28, 701

59
60
42
53

56
57
32
35

36
36
28
29

53.4
53.2
53. 2
53.3

46, 204
32, 665
38, 934
41,910

89.7
80.6
56.6
59.2

37.2
36.8
36.3
42.2

56.8
48.9
38.2
49.8

1.305
1.201
1.182
1.324

6,653
6,237
6,673

79, 789 67, 092
77, 667 78, 774
88,071 80,895

72.6
55.9
50.0

40,090
29, 504
30,608

57
45
54

55
43
45

34
24
32

72.0
62.2
53.3

51, 723
46,811
39,928

93.8
69.7
71.5

44.9
44.0
38.1

56.1
44.1
48.4

2.586
1. 721
1.253

1
Adjusted for seasonal variation.
176556—33
3




Wool

2

Printed only (mill and outside).

3 Grease equivalent.

18

SURVEY OF CURRENT BUSINESS

June 1933

LIFE INSURANCE—PREMIUM COLLECTIONS
[Thousands of dollars]
Year

Total
595,102
623, 419
655,075
707, 295

1913.
1914.
1915.
1916.

Ordinary Industrial
465,343
483,832
504,860
546, 224

Group

129,333
138,961
149, 056
159, 359
1921

Annuities

426

1923

1924

Ordinary Industrial

Total
780, 221
848,303
997,869
1,163,873

19171918..
1919..
1920.

1,159
1,712

1922

Year

1925

1926

1927

603, 245
652,186
768,925
901,800

Group

173, 285
189,687
217, 055
244,099

Annuities

3,691
6,430
11,889
17,974

1928

1929

1930

1931

1932

210, 732
219,747
226, 019
214, 083
223, 366
211,496
212,807
198,940
190,463
216, 212
210,348
285, 202
218,285

223, 209
229,900
238, 922
235,978
233, 732
221, 431
238, 741
217,109
205,969
229,479
224,128
298, 535
233,094

247,299
231,034
262, 028
240,887
247, 519
238, 212
240, 522
221, 650
219, 637
236, 248
226, 572
333, 280
245,407

253, 274
241,464
269,696
258, 515
268,271
256,167
259, 726
234, 325
221,960
241,178
234,849
347,572
257, 250

248, 224
249, 257
260,840
250, 509
244,936
241,955
237,885
234,163
209,891
236, 284
223,842
335,642

160, 465
160, 284
175,248
171,873
173, 824
158, 285
169, 315
153,837
142, 712
169, 277
156,074
190,356
165,129

164, 529
162, 360
182, 290
173, 536
174,971
165, 715
170,393
150,385
147, £42
165, 535
154,101
191,417
166, 898

170,109
166,416
186,072
183,581
175,176
173, 529
178, 021
154, 253
150,105
165, 204
158, 370
200,038
171, 740

164, 358
169,464
181, 684
171, 236
167,423
168,260
157,345
155, 587
139,493
153,910
153,449
181,408
163,635

54, 564
48,193
51,013
50, 691
52,183
51, 509
53,072
50, 228
49, 343
55,691
49,154
96,864
55, 209

53,806
51,956
56,159
55, 769
52,218
55,801
57,932
56,143
56, 773
51,705
57,973
97, 619
58,655

58,711
55,659
65, 605
53, 948
58,459
59, 522
54,602
58,960
59,859
55,851
58,108
112, 665
62,662

62, 659
56,387
62,920
53,854
59,884
60, 654
55, 612
62,874
55,319
58,365
59, 204
113,491
63,435

60, 570
61,157
56,810
57, 693
57,954
55,020
57,066
58,635
53,379
58,052
51,048
116,838
62,019

7,618
17, 623
6,465
5,928
5,930
5,574
7,296
5,705
5,738
6,447
6,577
7,078

8,938
17, 660
7,515

8,099
8,344
7,598
8,003
7,615
8,480
6,508
7,220
7,944
7,269
9,223

10,108
8,667
8,790
8,398
8,038
8,117
8,114
7,895
7,521
7,484
7,464
10,162
8,397

8,862
8,224
9,333
8,178
7,205
7,683
7,506
7,980
6,798
7,285
7,063
8,644
7,897

10,398
9,994
11,914
12, 682
25,173
13,867
17,979
9,303
9,015
10,125
9,811
23,881
13, 679

14,434
10,412
13,013
13,402
12, 354
10,992
15,968
11,961
10, 221
17,037
12, 282
28,752
14, 236

Month
TOTAL INSURANCE
January
February. __
March
April
May
June
July
August
September.
October
November.
December..
Monthly average..

101, 408
98,199
112,048
109, 047
103,904
105, 684
103,156
98, 430
95,192
104, 407
101,403
129, 886
105, 230

109,075
111,474
124,961
113,897
117, 638
115, 681
114,361
110,751
101, 455
113,811
113,844
148,376
116, 277

123, 604
121, 474
138, 895
130, 602
130, 899
130, 707
127, 815
126, 790
113,611
130, 750
130, 598
171,349
131, 425

138, 264
140, 656
145, 563
144, 623
149, 700
142, 488
146, 240
134, 049
130, 663
145, 206
138, 217
204,900
146, 714

157,156
152,681
174, 352
167,276
166,836
162, 570
165,162
150,862
147, 235
161, 274
160,873
229, 518
166, 316

170, 566
169, 021
189, 883
182, 742
175,673
179,745
180, 397
164,992
162, 245
174,004
176,658
235,821
180,146

187,978
183, 697
209,401
199,955
194,022
200, 729
190,044
189, 315
178,428
191, 646
194,472
264,191
198,657

247, 786

ORDINARY INSURANCE
January
February
March
April
May
June
July
August
September
October.
November
December
Monthly average

77, 578
77, 223
89, 281
85,308
80, 218
83,022
79, 217
73, 721
71, 651
78, 817
78,400
98, 746
81,099

82, 077
87, 774
98,412
89, 680
90,828
89,038
87,096
83, 277
76, 349
85, 797
87, 322
109, 211
«S, 905

93, 552
93, 237
108, 387
100, 695
101,876
99, 767
97,008
95, 859
84, 538
97,879
99,058
119,452
19, 276

105, 663
107,886
111,065
112,843
114,302
107, 463
112,603
99,179
94, 704
108, 777
103, 433
141,098
109,918

116,435
116, 656
128,158
128, 323
126, 676
121, 330
125,122
109, 372
107,054
118, 664
118,180
157, 400
122, 781

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

21,804
19, 649
21, 436
21,946
22, 266
21, 381
22, 233
23, 216
22, 354
23,927
21, 762
29,071
22, 587

24,560
22, 201
25,195
22,805
25,155
25,318
25, 717
26,128
23, 709
26,456
24,813
36,957
25,751

28,002
25, 706
28, 640
27,869
27, 339
29,169
28,877
29,006
27,378
30, 697
29,195
48,804
30,057

29, 867
30, 200
32,814
29, 235
32,963
32, 744
30, 758
32, 530
33,811
33,404
32,191
59,616
34,178

36, 550
32, 901
37,022
33,829
36, 574
37,977
36, 665
37,808
37,057
38,951
39,074
65,018
39,119

2,026
1,327
1,331
1,793
1,420
1,281
1,706
1,493
1,187
1,663
1,241
2,069
1,545

2,438
1,499
1,354
1,412
1,655
1,325
1,548
1,346
1,397
1,558
1,709
2,208

2,050
2,531
1,868
2,038
1,684
1,771
1,930
1,925
1,695
2,174
2,345
3,093
2,092

2,734
2,570
1,684
2,545
2,435
2,281
2,879
2,340
2,148
3,025
2,593
4,186
2,618

4,171
3,124
9,172
5,124
3,586
3,263
3,375
3,682
3,124
3,659
3,619
7,100

124, 312
123,113
141, 725
138,739
131,123
131, 792
133,301
117, 471
117, 635
125, 281
127,050
154,191
130, 478

134, 993
135, 608
158, 093
148,878
143,329
148, 983
137, 813
134, 768
128, 370
136, 583
141,337
167,817
143,048

148,550
153, 931
168, 541
157, 464
165, 253
154,413
152,439
143,007
135, 382
154, 074
154, 617
181, 260
155, 744

INDUSTRIAL INSURANCE
41, 247
37, 801
43, 344
39, 719
40,299
43,747
42, 639
43,419
40,827
43, 988
45, 281
73, 947
44,688

45,920
43, 286
45, 534
45, 650
45, 750
46, 584
47,108
49, 220
45, 741
49, 272
48, 273
89,926
50,189

GROUP INSURANCE
January
February...
March
April
May
June...
July
—
August
September.
October
November.
December..
Monthly average-

1,621

4,417

5,007
8,107
4,814
4,284
4,251
4,206
4,457
4,102
3,783
4,735
4,327
7,683
4,980

7,065
4,803
5,774
5,427
4,943
5,162
5,123
5,327
4,317
5,791
4,862
6,448
5,420

7,332

7,690
7,345
11,494
7,129
6,484
8,497
10,081
10, 560
9,311

7,S

ANNUITIES
January
February..
March
April
_.
May
June
July
August
September.
October
November.
DecemberMonthly average..

14, 390
4,916
5,789
5,805
5,360
7,047
5,797
5,016
6,918
7,094
19,975
7,849

1
Compiled by the Association of Life Insurance Presidents, and represents the amount of money actually invested in life insurance each month, and includes total premium
collections, new and renewal, and considerations for annuities and for supplementary contracts involving life contingencies. Annuities shown separately beginning with January 1930. The 43 companies whosefiguresare included in this table had in force 81 percent of the total business outstanding in all United States legal reserve companies at
the end of 1931. This table supersedes data previously shown in the Survey of Current Business on this subject. See p. 31 for 1933 figures.




LEATHER PRODUCTION
Month

1925

1926

1927

1929

1928

1932

1931

1930

January
February
March
_ _ __
April
May
June _ 1
July
August
September __
October
November
December
Monthly average

_ _

_ ..

.

__.

M onthly average

1926

1928

1927

GOAT AND KID

1930

1929

1931

1932

LEATHERS (thousands of skins)

1,853
1,878
1,983
1,947
1,809
1,798

1,729
1,672
1,837
1,712
1,578
1,723

1,864
1,816
1,947
1,816
1,754
1,936

1,763
1,813
1,874
1,677
1,621
1,693

1,697
1,480
1,527
1,529
1,503
1,530

1,660
1,497
1,623
1,581
1,475
1,459

1,241
1,181
1,323
1,438
1,366
1,469

1,278
1,270
1,383
1,193
1,049
1,060

3,405
3,391
3,728
3,268
3,427
3,391

4,174
4,244
4,889
4,448
4,219
3,903

4,467
4,263
4,343
3, 864
3,864
4,282

4,721
4,593
5,010
4,493
4,364
4,682

4,390
4,308
4,316
4,382
4,185
4,788

4,826
4,595
5,173
4,647
4,526
4,668

3,738
3,948
4,525
4,354
3,965
4,181

3,197
3,427
3,826
3,297
2,959
2,939

1,828
1,926
1,787
2,010
1,715
1,767

1,745
1,838
1,905
2,026
1,869
1,869

1,789
1,956
1,870
1,772
1,603
1,701

1,671
1,749
1,608
1,721
1,528
1,522

1,574
1,664
1,609
1,862
1,612
1,560

1,490
1,421
1,459
1,465
1,194
1,350

1,456
1,449
1,390
1,435
1,220
1,270

1,030
1,082
1,272
1,325
1,330
1,311

2,903
3,388
3,440
4,002
3,522
4,622

3,622
3,882
3,836
3,922
3,962
4,676

3,295
4,433
4,318
4,491
4,243
4,872

4,030
4,800
4,591
4,872
4,144
4,552

4,619
4,570
4,466
5,349
4,742
5,572

4,463
4,563
4,807
4,885
3,924
4,367

4,350
4,489
4,519
4,086
3,335
3,152

2,724
3,379
2,571
2,651
2,835
3,205

1,858

1,792

1,819

1,687

1,596

1,473

1,353

1,215

3,541

4,148

4,228

4,571

4,641

4,620

4,054

3,084

SHEEP AND LAMB LEATHERS thousands of skins)

CALF AND KIP LEATHERS (thousands of skins)
_ _

l

1925

CATTLE HIDE LEATHERS ( t h o u s a n d s of hides)

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

19

SUEVEY OF CUREENT BUSINESS

June 1933

1,498
1,323
1,327
1,102
855
938

1,307
1,195
1,357
1,333
1,176
1,249

1,388
1,293
1,242
1,104
1,219
1,247

1,515
1,475
1,461
1,167
1,161
1,101

1,047
1,035
1,197
1,169
1,186
1,224

1,079
1,064
1,121
1,089
1,146
1,088

953
925
962
1,040
1,088
1,139

725
853
936
865
759
934

3,366
3,189
3,059
2,740
2,418
2,323

2,552
2,273
2,774
2,636
2,357
2,439

2,728
2,870
3,172
2,786
2,860
2,990

3,277
3,493
3,488
3,208
3,125
2,935

3,124
3,147
3,390
3,347
3,056
3,849

2,894
2,680
2,807
2,676
2,509
2,248

2,350
2,556
2,808
2,901
2,855
2,680

2,086
2,352
2,244
1,772
1,598
1,623

1,117
1,110
1,100
1,139
1,060
1,305

1,343
1,287
1,315
1,410
1,326
1,439

1,468
1,682
1,563
1,653
1,552
1,573

1,196
1,470
1,363
1,589
1,104
1,015

1,541
1,678
1,440
1,568
1,249
1,030

1,448
1,445
1,284
1,433
965
1,010

1,382
1,336
1,129
1,013
721
752

1,129
1,232
1,180
1,126
946
894

2,554
2,609
2,695
3,048
2,544
2,542

2,513
2,717
2,864
2,943
2,817
2,783

2,986
3,173
3,145
3,254
3,067
3,029

3,138
3,463
3,321
3,966
3,222
2,957

2,239
2,301
2,339
2,920
2, 382
2,396

2,786
2,970
2,687
3,014
2,483
• 2, 369

1,560
2,170
2,907
4,002
3,212
1,797

1,156

1,311

1,415

1,301

1,280

1,181

1,037

965

2,757

2,639

3,005

3,057
3,511
3,160
3,561
3,331
2,867
3,251

3,332

2,533

2,705

2,277

APPARENT CONSUMPTION OF CREAMERY BUTTER 2
[Thousands of pounds]
1923

1924

87,886
79, 823
92, 551
91,055
122, 016
94, 803

95,974
82, 539
94,924
101, 712
128, 216
108,188

69,650 90,692
78, 867 101,898
81, 526 92,135
97,902
78,091 84, 323
76,992 90, 340

97,184
104,178
106, 730
105, 601
94,983
94, 243

110, 345
120, 524

89, 644

97, 588

Month

1917

1918 1919 1920 1921 1922

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

57,789
51, 700
57,041
56, 831
68, 219
58, 267

65,017
49,407
48, 962
58, 808
81,138
67, 375

55, 514
53,907
63, 639
61,481
84,298
58, 332

62, 857 79,338
58,948 71, 867
63, 070 82,960
69,909 90, 046
82, 341 104, 516
77, 531 89, 716

55,067
64,474
75, 392
65, 225
63,093
76, 205

57,957
73, 808
83, 715
68,903
56, 905
63, 558

70,789
75,182
77,496
79,270
72,305
63, 257

62,442

64, 629

67,956

73, 216

1925

1926

1927

1928

1929

106, 529
97,126
100, 549
109,162
126, 508
110,161

107,191
97,106
111,532
114,518
136,099
113,735

114, 599
106, 306
117, 982
127,858

110,131
109, 800
103, 221
101, 096

106,135
114,779
117, 380
116, 038
111,317
118,418

105, 564

111, 175

1930 1931 1932

113,131
107, 628
121,055
120, 726
142, 520
121, 683

120,426
113,141
120, 691
119,244
145, 285
124,050 127,208

122, 581
112, 732
120, 549
133, 372
151,980
129,206

129,908
115, 725
131, 503
141, 399
157,003
133,672

134, 851
125, 672
139, 341
146,039
165, 789
140, 242

125, 803
126, 697
135, 289
136, 682
165, 354
131, 548

113, 513
117,426
122, 507
123, 801
105, 612
113, 264

114,844
126,125
129,304
127, 396
125, 261
123, 077

115, 392
128,143
129, 718
131,056
121, 502
125, 367

116, 839
129, 515
127, 555
128,026
122,457
119, 929

125, 514
134,849
133,819
138,073
123,803
131, 544

128,908
139,311
134,112
141,973
123, 555
136, 214

135, 253
150, 741
145,401
150,967
131,063
138, 749

133,068
148, 538
141, 715
141,933
138, 524
134,106

114, 692

122,729

124,056

124,193

129,835

134,440

142,009

135, 521

2 Compiled by the U.S. Department of Agriculture, Bureau of Agricultural Economics, representing the disappearance of butter into trade or consumptive channels. These
data are computed from production (comprising actual factory output), imports and exports, and the difference in cold storage holdings. These series differ from the data,
formerly shown on this subject since the estimates of farm butter production have been excluded. For 1933 figures see p. 39 of this issue.

EMPLOYNONMANUFACTURING EMPLOYMENT AND PAY FEDERAL AND STATE HIGHWAY
MENT 2
ROLLS x
[Number]

[1929=100]

Dyeing and cleaning

Laundries
Month

Employment

Pay rolls

Employment

Banks,
brokerage
houses,
etc.

Total

Em- Pay
Pay rolls ploy- rolls
ment

1931 1932 1931 1932 1931 1932 1931 1932 1932 1932
January
February
March
April
May.
June
July
August
September
October
November
December
Monthly average
1

_

90.5
90.0
89.5
90.5
90.3
91.0
91.8
90.2
89.3
88.1
86.2
85.3

84.7
82.9
82.0
82.0
81.4
81.0
80.3
78.9
78.6
77.5
76.2
75.9

86.6
85.6
85.6
86.8
86.5
87.1
87.4
84.6
84.1
81.8
78.9
77.4

76.4
73.3
71.6
71.4
70.6
68.6
66.3
63.9
62.9
61.2
59.1
58.7

87.4
88.0
95.7
96.7
99.0
98.6
93.5
95.3
94.2
90.1
84.9

82.1
80.5
80.6
83.3
84.5
85.1
82.4
79.5
83.3
82.3
78.0
75.2

77.7
75.1
75.6
86.3
86.6
89.1
86.2
80.0
82.6
81.4
74.7
67.9

65.8
62.2
61.7
65.9
67.3
65.8
60.0
56.3
61.0
58.8
52.3
48.4

98.6
98.6
99.1
98.8
98.2
98.1
98.5
98.7
98.6
98.7
98.2
98.0

94.0
93.5
93.3
92.4
93.2
90.4
90.1
88.5
87.3
86.5
86.0
85.7

89.4

0.1

84.4

67.0

92.7

81. 4

80. 3

60.5

98.5

90.1

See footnote 1 on p. 20.




Construction

Maintenance

Month

January
February
March
April
May
June
July
August
September
October
November
December
Monthly average1

1931

1932

1931

1932

1931

148, 600
171, 560
204, 887
263, 504
310, 931
363, 482
385, 349
389, 949
356, 617
330,104
289,316
244, 971

229,189
218, 218
211, 549
245,843
259, 615
280, 636
305,372
333, 403
374, 405
373, 246
371, 667
290,465

79,900
91, 374
113, 553
169, 772
216, 479
255, 790
277, 346
272, 590
239, 504
205, 621
165, 664
110, 534

80, 280
78, 707
104, 261
129,842
151,617
175,254
182, 201
219, 277
214,427
210,939
150,479

68, 700
80,186
91,334
93, 732
94,452
107, 692
108,003
117,359
117,113
124,483
123, 652
134,437

noo 070
Zoo,
Zio

291,134

183,177 148, 783 105,095 142,351

See footnote 2 on p. 20.

1932
141, 082
137,938
132,842
141, 582
129, 773
129, 019
130,118
151, 202
155,128
158,819
160, 728
139,986

20

SURVEY OF CURRENT BUSINESS

June 1933

FACTORY PAY ROLLS: NEW YORK CITY

3

[1925-27=100]
Month

1914 1915 1916 1917 1918 1919 1920 1921

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

51.2
48.3
47.8
50.4
48.4
47.6
44.3

Monthly average

46.1
48.6
49.6
48.4
49.4
49.3
47.4
48.7
50.6
54.1
55.4
54.9

54.5
56.0
59.1
59.4
56.2
56.7
54.8
57.8
61.9
61.2
62.6
63.4

62.7
63.4
67.4
64.7
64.3
63.4
63.4
64.2
67.0
68.7
71.0
70.3

71.9
76.4
77.4
78.4
80.9
83.4
83.9
87.7
86.6
88.1
91.2

50.2

58.6

65.9

81.2

89.2
88.5
90.5
90.2
91.0
91.1
94.9
100.4
107.3
96.0
106.4
116.2

1923 1924 1925 1926 192*

117.7
117.4
126.0
121.3
120.1
118.7
115.2
115.2
114.8
118.0
113.4
105.2

96.8
97.8
103.3
97.8
95.0
93.6
92.1
93.7
95.8
93.0
89.4
91.6

88.9
90.3
97.5
91.2
92.4
92.4
93.5
96.0
100.4
99.9
103.1
103.8

103.4
102.4
110.8
108.2
106.6
105.1
103.1
98.7
102.8
107.5
106.8
103.7

96. £ 116.9

95.0

95.8

104.9

103. 8
103.2
107.1
102.4
96.8
94.8
91.6
93.0
101.7
97.4
99.5

1928 1929 1930 1931 1932

98.7
99.0
105.6
97.6
97.2
96.9
95.7
96.8
101.5
103.4
103.3
103.7

103.2
100.0
106.8
101.9
98.4
98.1
94.7
96.3
101.6
103.8
103.4
103.3

101.4
102.6
106.2
100.4
97.8
95.0
94.4
96.0
101.4
99.0
97.4
97.4

94.6
93.4
98.4
92.5
90.6
90.0
88.9
91.3
95.3
96.7
95.4
95.3

93.7
95.4
101.7
98.1
94.3
93.2
91.6
95.4
102.0
101.4
98.3
94.6

100.0

101.0

19.1

93.5

96.6

93.3
91.4
97.0
92.0
88.4
84.4
79.9
82.0
89.6
84.7
81.2
77.4

73.4
75.7
81.8
77.3
71.8
67.4
66.5
67.4
72.0
66.9
63.7
61.2

58.2
58.0
59.3
54.8
48.6
45.6
42.4
45.8
51.3
51.6
48.0
46.2

70.4

50.8

FACTORY EMPLOYMENT AND PAY ROLLS: CHICAGO4
[1925-27=100]
Employment

Pay rolls

1923 1924 1925 1926 1927 1928 1929 1930 1931 1932

1925 1926 1927 1928 1 9 2 9 1930 1931 1932

Month

January
February
March
April
May
June
JulyAugust
September
October
November
December

99.8
102.0
101.6
99.2
97.5
95.3
91.8
91.2
90.8
91.1
93.6
98.1

98.3
99.6
97.8
96.4
95.2
95.4
94.7
95.5
96.4
99.9
100.7
101.0

99.6
102.0
101.6
101.4
101.6
104.2
104. 5
104.6
105.5
105.4
103. 7
102.4

101.1
101.7
101.2
100.9
100.5
102.1
98.9
99.0
97.3
98.2
96.9
95.3

92.9
94.7
94.1
93.3
94.3
96.3
94.2
95.1
95.2
96.3
95.9
96.5

95.1
96.3
97.2
97.8
100.0
100.7
100.7
101.7
102.1
101.0
101.2
99.2

97.4
96.4
94.0
90.9
89.9
88.0
84.7
83.1
81.0
79.5
77.4
77.9

77.2
76.6
75.7
74.3
72.8
70 5
68.3
68.4
66.6
64.6
62.8
63.6

61.9
61.0
59.5
56.5
55.9
55.4
51.0
53.0
53.4
53.3
51.8
49.8

101.1
103.7
102.2
102.1
103.3
106.6
102.9
104.9
99.6
103.9
100.8
101.1

97.0
101.0
99.5
99.0
98.6
102.8
97.9
98.8
93.4
96.1
93.3
92.1

85.6
90.6
89.3
88.9
91.0
95.4
91.3
96.6
97.2
97.2
95.5
97.4

95.5
99.5
99.4
100.5
102.7
104 9
103.4
105.1
104.2
103.9
100 9
98.6

92.9
93.0
88.2
86.0
83.1
79 6
74.3
73.2
71.4
68.8
64.2
63.8

62.5
62.7
61.7
59.8
57.3
55 6
53.3
53.5
49.1
47.2
43.8
45.7

44.6
41.8
39.3
35.9
34.4
33 5
29.0
31.6
32.0
31.4
28.5
28.3

_ _ _ . . 102.6

96.0

97.6

103.0

99.4

94.9

99.4

86.7

70.1

55.2 7100. 6 102.7

97.5

93.0

101.6

78.2

54.4

34.2

--

..

_

Monthly average

101.0
100.3
98.5
100.4
94.9
102.2
102.9
104.4

UNITED STATES GOVERNMENT BOND PRICES s

FACE BRICK PRODUCTIONe

[Dollars per $100 bond]

[Thousands of brick]

1917

Month
January _
FebruaryMarch
April
May
June
._
July
August __
September
October
November
December

94.6
99.2
101.1
101.9
102.9
104.0
105.2
-- 105.6
105.2
_ __ 105.9
103.4
- -- 101.7

-

1919

1920

1931

97.3
96.8
97.3
97.6
96.9
96.0
95.2
95.4
96.8
97.0
97.7
95.7

95.3
94.9
95.0
95.2
96.6
96.9
96.5
96.3
96.8
96.9
96.1
95.6

95.0
93.5
93.2
91.5
88.8
89.5
89.4
89.1
90.2
91.4
90.9
88.9

90.7
90.5
90.8
91.1
90.7
90.8
90.9
91.2
92.0
94.2
96.3
97.3

7 99.4 96.7

96.0

90.9

92.2

. - . 100.0
99.5
99.7
100.0
99.9
98.8
97.7

Monthly av

1918

1923

97.8
97.5
98.6
99.6
99.9
101.1
100.9
100.7
100.3
99.6
99.2
99.2

1933
98.7
99.0
98.4
98.3
98.6
98.6
98.6
98.6
98.4
98.0
98.4
98.6

1924

1925

1926

1927

1928

1929

1930

1931

1932

99.5
99.4
99.9
100.0
100.7
101.5
102.3
102.1
102.1
102.5
102.2
101.7

101.9
101.9
101.7
101.9
102.3
102.6
102.4
101.8
101.7
101.6
101.4
101.4

101.6
101.7
102.1
101.7
102.2
102.2
102.2
101.9
102.0
101.8
102.2
102.5

102.7
102.9
103.0
103.0
103.1
103.0
102.9
103.0
103.2
103.1
103.8
104.1

103.8
103.8
103.8
103.5
103.2
102.7
102.2
101.8
101.6
101.6
101.6
101.3

100.9
100.6
99.9
100.1
99.5
99.4
99.9
99.6
99.7
99.3
100.1
101.7

101.3
101.6
102.1
102.1
102.4
102.8
103.0
102.9
103.1
103.1
103.5
103.4

103.95
103. 37
103. 47
103. 62
104. 57
104.80
104. 62
104. 39
103. 57
100. 01
100. 49
97.88

94.80
96.09
98.25
100.16
100.09
99.99
101. 33
101. 95
102. 47
102. 52
102. 57
103.19

99.5 - 98.4 101.1 101.9 102.0 103.2 102.6 100.1 102.6 102. 90 100. 28

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

1929

1930

1931

977
813
1,003
1,224
1,273
1,265
1,200
1,164
1,037
1,120
950
_

449
498
578
735
814
823
793
799
743
767
513
481

314
482
541
603
564
521
378
414
435
335
247

Monthly av__. 1,060

666

428

1932
176
164
194
148
208
165
173
149
180
200
151
167

1 Compiled by the U. S. Department of Labor, Bureau of Labor Statistics. Indexes for months in 1929 and 1930 are not available for laundries, dyeing and cleaning establishments, nor for banks, brokerage houses, etc., for the months of 1929, 1930, and 1931. See pp. 28 and 29 for 1933 figures.
2 Compiled by the U. S. Department of Agriculture, Bureau of Public Roads, and represents employment in the construction and maintenance of Federal and State highways.
Details regarding employment on Federal and State systems are available in the Bureau's monthly reports. See p. 28 for 1933 figures.
3 Compiled by the New York Department of Labor, Bureau of Statistics and Information. The indexes are computed from a fixed list of reporting firms. The average weekly
pay roll for the base period amounted to $5,790,187. See p. 29 for 1933 figures.
* Compiled by the Illinois Department of Labor. Indexes of pay rolls for months of 1923 and 1924 and months of January through April 1925 are not available. See pp.
28 and 29 for 1933 figures.
« Compiled by Standard Statistics and covers a representative list of long-term United States Government bonds. The index at present (May 1933) is composed of 3 Liberty
bonds and 4 Treasury bonds, with interest rates ranging from 3% percent to 4J4 percent. See p. 33 for 1933 figures.
• Compiled by the American Face Brick Association and displace the data on brick production formerly shown. The change was necessary due to the fact that since
1929 much brick was stored in kilns, and not promptly drawn. Hence, the drawn figures did not accurately represent production. Prior to 1929, the brick drawn closely
approximated machine production, and the 2 series may be regarded as fairly comparable over the entire period. See p. 51 for 1933 figures.
' Average of months shown.




21

SURVEY OF CURRENT BUSINESS

June 1933

WEEKLY BUSINESS INDICATORS
[Weekly average 1923-25 = 100]
1933

1931

1932

Business activity:
New York Times * §
77.5
Business Week * \
60.6 59.2
Commodity prices, wholesale:
Dept. of Labor, 1926=100:
Combined index (784)... 63.3 63.0
Farm products (67
52.4 50.
Food (122)
60.3
Fisher's index, 1926=100:
Combined index (120)._. 61.2 60.6
Agricultural (30)
45.2 45.3
Nonagricultural (90) - _ 63.7 62.8
49.3 48.6
Copper, electrolytic
33.1 31.3
Cotton, middling, spot
Iron and steel, composite._ 69.1 69.1
C o n s t r u c t i o n contract
awards (da. av.)
17.0
Distribution: Car loadings. _
Employment: Detroit factory
Finance:
Failures, commercial:
Number
112. 8 105. 4
Security prices:
92.2 91.0
Bond prices (da. av.)
Stock prices (da. av.)
79.8 76.0
" Computed normal = 100.

1933

1930

M a y M a y M a y M a y M a y Ma?
27
20 13' 28
21* 14'

76.6 65.9 66.5 66.9 86.!
98.6
57.3 57.6 58.3 78.8 78.5 93.1

62.3 64.3 64.5 64.9
49.0 46.3 47.1 47.8
59.1 59.3 59.1 59.
59.5
43.5
62.4
47.1
33.1
68.4

60.2
42.7
64.3
37.0
20.6
71.4

20.0

33.9 32.7 77.8
97.2
54.3 53.8 54.0
97.0
78.7

61.1
42.9
65.6
37.7
21.7
71.5

61.4
43.4
65.8
39.1
21.0
71.

70.3
60.3
73.7
61.
32.4
75.7

71.0
60.<
74.0
63.0
34.2
75.8

87.
91.6
85.6
92.8
59.9
81.1

88.4
93.2
85.6
92.8
60.3
81.1

109.2
107. 4 174. 0 176. 9 162. 129. 7 126. 3 102. 2 117.9
89.1 76.1 79.5 82. 2 106. 3 106. 7106.I. 4 106. 3
74.1 44.7 49.8 50.1126. 0 131. 0l 234., 1 231. 7

# Index revised.

1932

1931

1930

May M a y M a y M a y M a y M a y M a y M a y
30
23
13
28 21
14
27
20

May M a y
31
24

Finance—Continued
Banking:
Debits, outside N.Y.C.
111.1119.5
(da. av.)
54.5 56.5 51.7 57.8 65.5 60.9
Federal Reserve reporting member banks:
Deposits:
Net demand
105. 2 104.9 93.5 92.4 92.2 92.3 112.8113.9110.8110.9
Time
._ 116.2 116. 0 117. 5 .125.1125.1125. 163.2 163. 4 157. 9 157. 3
134. 7 134. 5
Loans, total
118.5
77.0 77.6 77.5 92.7 93.3
Interest rates:
Call loans (da. av.)
24.2 24.2 24.2 60.6 60.6 60.6 36.4 36.4 72.7 72.7
Time loans (da. av.)__ 22. 23.! 27.7 34.3 34.3 38.2 40.0 40.0
Money in circulation (da.
119. 7 120. 7 121. 7 112. 0 112. 4 112.4 96.2 6.2 92.8 92.2
av.)
Production:
68.2 72.2 67.7 61.
Automobiles
58.4
.10.6 132.8
Bituminous coal (da. av.) — 50.1 49. 49.7 41.6 42.0 42.0 70.5 64.' 82.6 81.0
89.0 88.1 85.5 86.2 86.3 96.2
99.i 103.4
Electric power f
65.4 62.3 60.0 55.9 57.6 57.6
Lumber X
126. 5 129. 9 131. 3 104.1106. 8 107.4 118.2 117.0 125. 3 123. 9
Petroleum (da. av.)
55.3 51.3 46.1 30.3 31.6 32.9 53.9 56.6 •3.4 97. 4
Steel ingots
Receipts, primary markets:
70.9
70.3 62.7 57.0 58. 65.
76.0 71
Cattle and calves.
___ 67.1
72.
67.5 78.1 76.0
73.8 79.2 70.0 75.7
46.2
22.3 30.0 39.6
Cotton..
66.5 31.9 27.; 31.5
66.1 64.0 69.3 52.7 43. i 45.5 111.0 102. 48.3 59.4
Wheat..

X Average same week, 1930-32=100.

1 Latest week is preliminary.

f Weekly average, 1928-30=100.

WEEKLY BUSINESS STATISTICS
1932

1933

COMMODITY PRICES, WHOLESALE
Copper, electrolytic, New York
dolls, per l b .
Cotton, middling, spot, New York
dolls, per l b .
Food index (Bradstreet's)
dolls, per lb_
Iron a n d steel composite
dolls, per t o n .
Wheat, no. 2, hard winter (K.C.)
dolls, per b u .
Banking:
FINANCE
Debits, N e w York City
mills, of dolls.
Debits outside N e w York City
mills, of dolls.
Federal Reserve banks:
Reserve bank credit, total
mills, of dolls.
Bills bought.
mills, of dolls.
Bills discounted
mills, of dolls.
U.S. Government securities
.mills, of dolls.
Federal Reserve reporting member banks:
Deposits, net demand
mills, of dolls.
Deposits, time
mills, of dolls.
Investments, total
mills, of dolls.
U.S. Government securities
mills, of dolls.
Loans, total
mills, of dolls.
On securities
mills, of dolls.
All other
mills, of dolls.
Interest rates, call loans
percent .
Interest rates, time loans
_.percent.
Exchange rates, sterling (da. av.)
dollarsFailures, commercial
numberMoney in circulation (da. av.)
mills, of dolls.
Security markets:
Bond sales, N.Y.S.E
thous. of dolls, par valueBond prices, 40 corporate issues
- dollars _
Stock sales, N.Y.S.E
thous. of shares.
Stock prices (N.Y. Times)
dolls, per share.
Stock prices (421) (Standard Statistics)
1926=100.
Industrials (351)
1926=100.
Public utilities (37)
1926=100Railroad (33)
1926=100.
PRODUCTION, CONSTRUCTION, AND
Production:
DISTRIBUTION
Automobiles (Cram's estimate)
number.
Bituminous coal (da. av.)
thous. of t o n s .
Electric power
mills, of k w . hours.
Petroleum
thous. of b b l .
Steel ingots
.percent of capacityConstruction contract awards (da. av.).thous. of dolls.
Distribution:
Exports:
Corn
1
thous. of bu_
Wheat
thous. of b u .
Wheat
flour
thous. of b b l .
Freight, car loadings, total
cars.
Coal and coke
.cars.
Forest products
_cars.
Grain and products
cars.
Livestock
cars.
Merchandise, l.c.l
cars.
Ore
_
carsMiscellaneous
cars_
Receipts:
Cattle and calves
...thousands.
Hogs
thousands.
Cotton, into sight
thous. of bales.
Wheat, a t primary markets
thous. of b u .
Wool, total Boston
thous. of l b .




1931

1930

1929

May 27

May 20

May 13

May 28

May 21

May 30

May 23

May 31

May 24

0.068
.090
1.84
28.59

0.067
.085
1.86
28.59
.71

0.065
.090
1.80
28.33
.72

0.051
.056
1.63
29.57
.57

0.052
.059
1.65
29.58
.53

0.085
.088
2.15
31.33
.73

0.087
.093
2.19
31.37
.73

0.128
.163
2.79
33.56
1.03

0.128
.164
2.79
33.56
1.00

0.178
.185
3.34
37.10

0.178
.195
3.32
37.13
1.00

2,800
2,528

3,235
2,621

3,124
2,402

2,474
2,680

2,881
3,033

5,295
4,090

5,049
4,552

7,134
5,154

7,998
5,541

11,887
5,790

11,489
6,180

2,219
43.
312
1,862

2,254
78
330
1,837

2,297
113
338
1,837

2,048
38
471
1,525

1,988
41
465
1,466

125
153

894
131
149
599

976
176
247
530

953
187
210
528

1,287
118
988
145

1,223
138
904
153

11,134
5,674
7,376
4,093
11,661
4,950
6,711
2.50
1.50
3.67
720
5,459

13, 625
7,399
7,785
3,937
14,813
6,928
7,885
1.50
1.75
4.86
528
4,670

13, 757
7,409
7,803
3,947
14,905
6,981
7,924
1.50
1.75
4.86
514
4,671

13,388
7,159
5,889
2,811
16,837
8,421
8,416
3.00
3.88
4.86
416
4,507

13,389
7,132
5,855
2,842
16,806
8,322

12,791
6,765
5,798
2,896
16,202
7,112
9,090
6.00
9.00
4.85
374
4,703
45, 513
93.42
16, 098
234. 81
180.2
182.4
208.4
139.7

12,810
6,789
5,818
2,951
16,187
7,144
9,043
6.50
9.25
4.85
410
4,671

136,032
1,555
1,705
2,690
95

June 1

May 25

1.00
1.00
3.92
459
5,815

1.00
1.04
3.91
429
5,863

1.00
1.21
3.96
437
5,910

11,158
5,673
7,406
4,084
11, 588
4,910
6,678
2.50
1.50
3.69
708
5,439

79, 500
82.58
22, 741
77. 54
64.6
66.8
81.6
39.1

69, 200
81.53
19,925
73.81
62.8
64.7
81.3
37.2

82, 700
79.76
22, 253
72.00
60.9
63.4
76.4
35.7

69, 543
68.86
6,283
43.42
36.5
35.4
61.9
14.3

56, 496
71.20
4,672
48.36
39.2
37.7
66.5
16.6

52, 262
95.19
10,939
122. 41
90.1
82.0
146.2
68.7

59, 612
95.53
12, 095
127.18
91.3
82.9
147.0
71.6

31,597
95.27
9,114
227. 36
171.5
161.4
253.9
132.6

47, 645
95.19
12,997
224. 97
172.3
161.7
255.0
135.8

52,000
853
1,494
2,635
42

55, 081
842
1,483
2,705
39
2,731

51, 671
847
1,468
2,734
35
3,209

47,127
708
1,425
2,169
23
7,211

45,470
716
1, 436
2,225
24
5,445

74, 853
1,200
1,602
2,462
41
12,495

74,810
1,105
1,645
2,437
43

84,358
1,406
1,660
2,609
71
15, 607

101, 345
1,379
1,723
2,580
74

111,372
1,591
1,615
2,712
95
23,375

25
0
45
541, 309
85, 052
22, 609
34,339
15,415
166,404
10,099
207, 391

138
4
41
531, 618
83,543
21, 387
35, 247
15, 574
165,976
8,198
201, 693

37
4
42
531, 095
84, 774
20,024
38,947
17,441
164,374
6,724
198, 111

111
1,142
52
521, 249
76,054
18,003
32,008
16, 304
180, 508
2,544
195,828

24
2,478
59
515, 628
74, 832
18, 571
27, 767
16, 650
181,158
3,001
193,649

103
711,249
122, 009
31,318
34,998
17,896
197, 219
25,884
281,925

5
482
242
754,738
123,351
33, 634
36, 595
20,003
222, 256
20,730
298,169

41
925
231
860,064
137, 693
50,016
35, 419
21,191
215,735
58, 759
341, 251

33
1,329
174
929,606
149, 243
51, 235
38,770
22,802
246,273
57,286
363,997

105
219
2,110
1,486
184
198
972,825 1,062,088
173,137
157,405
69,099
66, 574
39,368
37,280
22,467
25,426
231,477
262, 237
73,485
73,469
384,153
419,336

212
472
120
5,258
5,096

211
421
171
5,092
7,730

222
479
173
5,516
2,740

198
514
83
4,194
2,345

180
454
71
3,483
652

453
75
8,834
10, 804

240
438
58
8,155
3,663

226
507
78
3,839
7,279

224
493
103
4,725
5,689

3.00
3.88
4.86
480
4,475

199
500
80
4,564
5,834

58,958
93.93
21, 362
242. 63
185.2
189.1
211.5
138.4

225
556
87
4,163
7,138

22

SURVEY OF CURRENT BUSINESS

June 1933

Monthly Business Statistics
The following summary shows the trend of industrial, commercial, and financial statistics for the past 13
months. Statistics through December 1931 for all series except those marked with an asterisk (*) will be
found in the 1932 Annual Supplement to the Survey of Current Business, together with an explanation of the
sources and basis of the figures quoted. Series so marked represent additions since the Annual was issued and
similar information, if published, will be found in the places noted at the bottom of each page. Later data will
be found in the Weekly Supplement to the Survey.
Monthly statistics through December 1931,
together with explanatory footnotes and references to the sources of the data, may be found
in the 1932 Annual Supplement to the Survey

1933
April

1933

1932

April

May

June

July

Decem- January FebruOctober NovemAugust September
ber
ber
ary

March

BUSINESS INDEXES
BUSINESS ACTIVITY (Annalist)
Combined index
normal=100..
Automobile production
normal=100..
Bituminous coal production. _.normal=100..
Boot and sho8 production
normal=100_.
Oarloadings, freight.
._ .normal = 100..
Cotton consumption
normal = 100..
Electric power production
normal = 100..
Pig-iron production
normal=100,.
Steel ingot production
normal = 100..
Wool consumption
normal = 100_.
Zinc production
normal = 100..
INDUSTRIAL PRODUCTION

56.2
36.1
55.7
85.3
53.0
75.3
64.0
18.1
27.0
~42.~6"

56.5
32.2
54.0
89.2
58.2
56.8
70.4
24.9
25.0
45.0

52.9
43.0
47.7
85.9
51.2
55.7
67.9
22.5
23.1
39.5
35.9

64
63
45
45
84
63
35
87
29
96
144
82
111
67
100
72
85
46

61
60
57
55
87
38
31
78
29
92
146
91
94
60
111
65
49
43
3
48
110
35
39
60
58
45
46
89
35
29
84
28
90
146
72
75
59
110
67
49
49
2
49
109
36
39

52.9
47.3
44.5
86.1
50.1
57.5
68.4
19.7
20.2
45.3
34.7

60.4
25.4
57.0
101.4
52.4
89.0
68.3
19.7
22.4
95.5
28.1

60.0
17.5
64.5
100.4
56.0
83.4
66.2
20.9
«23.9
84.8
30.8

59.7
28.2
64.3
94.5
55.3
81.4
67.0
21.4
"23.9
81.4
32.6

114
64
55
46
8
31
104
40
34

49
17
32
106
40
29
60
59
23
48
83
21
23
84
23
84
135
68
22
90
108
65
48
50
8
33
104
41
31

26
67
93
43
27
107
23
89
133
61
84
104
123
73
62
61
15
39
108
34
29
66
66
24
54
95
43
28
93
23
88
133
64
84
104
111
70
61
58
8
41
104
36
31

68
66
15
63
89
50
30
104
25
94
137
60
158
102
112
80
79
74
22
39
104
36
32
67
65
16
55
89
50
31
94
24
91
137
68
216
99
104
74
61
67
13
38
103
36
33

65
63
18
53
87
57
29
85
20
89
138
55
119
95
106
78
67
74
6
47
105
39
35
65
63
31
53
83
59
31
89
21
87
138
73
136
92
104
75
65
66
7
45
106
37
35

52.0
' 31.6
45.1
83.4
48.8
57.4
67.3
18.0
19.3
65.1
31.2

55.5
24.6
49.9
91.1
48.9
75.3
67.5
16.7
18.3
87.1
28.2

59.2
52.8
65.1
83.5
56.5
75.8
65.7
18.3
«20.8
81.0
36.1

57.2
47.7
54.7
87.9
54.3
74.6
63.1
18.3
21.6
72.6
36.6

°56.4
31.7
61.0
*95.3
53.1
72.1
*63.3
18.5
*22.6
70.6
40.0

64
63
40
23
94
78
28
79
23
84
132
54
64
92
107
71
57
63

65

58
32
34
86
54
24
73
20
81
132
46
60
86
91
72
74
70

»52.7
*27.2
52.8
88.4
M9.3
72.9
»61.8
15.5
*15.9
51.4
40.0

(F.R.B.)

Total, unadjusted
1923-25=100..
Manufactures unadjusted
1923-25=100..
Automobiles
1923-25=100..
Cement
1923-35=100..
Food products—
._._ 1923-25=100..
Glass, plate
1923-25=100..
Iron and steel..
1923-25=100..
Leather and shoes.
1923-25=100..
Lumber
..._ 1923-25=100..
Paper and printing
1923-25=100..
Petroleum refining
1923-25=100..
Rubber tires and tubes
1923-25=100..
Shipbuilding
1923-25=100..
Textiles
1923-25=100..
Tobacco manufactures
1923-25=100..
Minerals, unadjusted-_
1923-25=100..
Anthracite
1923-25=100..
Bituminous coal...
1923-25=100..
Iron ore shipments
1923-25=100..
Lead
1923-25=100..
Petroleum, crude.
1923-25=100..
Silver
._ 1923-25 = 100..
Zinc
1923-25 = 100..
Total, adjusted
1923-25=100-.
Manufactures, adjusted
1923-25=100..
Automobiles
1923-25=100..
Cement
1923-25=100..
Food products
1923-25=100..
Glass, plate
1923-25=100..
Iron and steel
1923-25=100..
Leather and shoes
1923-25=100_.
Lumber
1923-25=100-.
Paper and printing
1923-25=100..
Petroleum refining
1923-25=100-.
Rubber tires and tubes
1923-25 = 100..
Shipbuilding
1923-25 = 100..
Textiles
1923-25=100..
Tobacco manufactures
1923-25=100..
Minerals, adjusted
1923-25=100..
Anthracite
1923-25=100..
Bituminous coal
1923-25=100..
Iron ore shipments
1923-25=100..
Lead
1923-25=100-.
Petroleum, crude
1923-25=100-.
Silver
1923-25=100..
Zinc
1923-25 = 100..

107
68
45
46

85
116
75
44
55

45
112
40
45
63
61
35
46
91
57
32
89
27
93
144
70
115
65
109
79
81
55

116
36
45

~~45
112
40
43

83.4
86.3
74.3
77.9

«82.2
«80.7
°73.2
"77.2
93.9

116
36
47
67
66
44
35
105

59
59
54
65
83
62
25
79
27
85
146
129
100
59
128
61
37
40
6
50
107
' 44
36
59
58
47
52
83
61
25
82
26
85
146
107
80
63
118
63
42
45
3
49
105
45

56
55
34
61
80
36
23
76
25
80
141
87
79
64
123
62
45
42
15
29
106
34
31
58
57
33
50
81
36
25
77
25

58
26
62
78
21
23
94
25
81
135
68
33
86
115

39
93
30
39
66
64
60
43
84
72
27
85
23
86
132
67
78
91
112
76
75

46
102
36
42
65
64
48
38

132
59
91
87
113
73
53
57

32
92
20
88
132
58
129
88
104
76
68
67
41
108
33
47
64
62
33
41
89
63
31
90
20
85
132
54
83
115
79
64
63

45
107
36
40

40
110
30
44

61
59
34
29
« 90
59
24
«87
23
86
135
45
112
« 78
94
a 74
63
51
46
120
48
47
60
«57
27
40
21
85
22
85
135
41
a

76
99
"81
a 77
51
45
l
122
44
44

INDUSTRIAL CONSUMPTION OF
ELECTRICAL ENERGY
Consumption by geographic sections:
Total, United States
1923-25 = 100..
Middle Atlantic
1923-25 = 100-.
New England
1923-25 100.
North Central
1923-25 100.
Southern
1923-25 = 100.
Western
1923-25 = 100.
Consumption by industries:
Total, all industries
1923-25=100Automobiles, including parts and accessories
1923-25=100.
Chemicals and allied products
1923-25=100.
Food products
1923-25= 100.
Leather and products..
1923-25=100.
Lumber and products
1923-25 = 100.
° Revised.




96.2
83.4
54.3
122.7
112.8
93.0

a

82. 2

64.4
118.9
° 116.7
*75.6
°76.0
a

82.0
78.5
71.0
82.7
90.3
94.3

78.1
68.5
67.3
80.2
83.7
91.6

79.2
70.0
66.2
75.4
85.3
88.7

73.5
68.4
67.7
66.8
87.9
89.4

84.0
83.8
80.5
74.8
108.5
96.0

85.1
86.8
90.2
75.4
103.8
96.8

87.7
91.3
84.0
78.5
104.4
101.3

79.4
83.3
75.2
72.1
94.1

81.9
85.7
75.5
76.3
90.1
100.0

85.8
91.8
79.8
80.5
99.3
102.0

82.0

78.1

79.2

73.5

84.0

85.1

87.7

79.4

81.9

85.8

69.3

65.9

58.0

33.7

36.5

37.7

47.3

56.2

59.2

61.2

129.9
116.3
74.7
77.8

123.8
118.4
65.7
70.0

124.9
122.0
73.7
69.2

116.6
123.2
82.2
69.8

126.8
129.5
93.7

129.0
118.3
93.7

130.1
121.3
95.4
96.2

124.3
103.2
79.8
83.5

126.0
107.5
83.6
90.4

130.0
112.5
95.0
91.0

°75.3
«80.8
«70.2
67.8
85.9
95.8
"75.3
M2.6
• 115. 6
° 101. 5
"81.4
°84.7

23

SURVEY OF CURRENT BUSINESS

June 1933
Monthly statistics through December 1931,
together with explanatory footnotes and references to the sources of the data, may be found
in the 1932 Annual Supplement to the Survey

1933
April

1933

1933
April

June

May

Decem- January FebruOctober NovemAugust September
ber
ary
ber

July

March

BUSINESS INDEXES—Continued
INDUSTRIAL CONSUMPTION OF
ELECTRICAL ENERGY—Continued
Consumption by industries—Continued
Metals, group
1923-25=100_.
59.5
Electrical apparatus
1923-25=100. _
Metal-working plants
1923-25=100.. ~~55.~3
Boiling mills and steel plants
56.9
1923-25=100..
102.5
Paper and pulp
1923-25=100_.
80.0
Rubber and products
1923-25=100..
73.0
Shipbuilding
1923-25=100..
71.7
Stone, clay, and glass..
._ 1923-25 =100..
86.0
Textiles
1923-25 = 100..

«64.9
95.6
°57.2

58.1
92.8
55.8

54.1
83.1
53.0

50.7
79.2
50.2

44.0
67.6
45.0

50.6
81.4
51.8

54.8
80.9
53.0

50.6
85.6
56.1

53.3
76.0
52.7

54.7
74.0
52.8

60.6
83.3
58.4

50.5
75.0
50.5

°60.1
105.5
88.3
91.1
°96.4
°69.2

61.8
102.7
95.5
96.8
97.9
62.8

55.8
95.8
120.7
85.1
87.1
55.2

51.2
94.5
95.6
82.5
77.5
54.0

44.7
94.7
76.4
77.9
71.8
65.7

51.3
107.4
87.7
84.0
90.3
86.7

54.8
111.3
86.5
72.3
84.3
94.8

57.5
113.6
93.0
84.0
81.9
93.0

54.0
98.8
77.2
84.0
56.2
86.5

58.4
104.4
85.2
83.5
58.5
85.0

64.2
111.0
91.0
89.2
67.2
84.1

50.5
«95.2
68.0
»71.5
«68.8
0
79.0

70
85
99
73
115
41
55
49
74
40
94
56
41
51

74
95
148
75
121
77
52
30
109
44
86
58
37
53
102
93

65
88
143
67
99
212
41
19
61
33
110
53
19
52
104
63

66
80
117
61
76
384
51
10
71
81
70
55
13
53
114
64

79
85
106
73
78
322
71
44
85
102
46
55
14
54
107
61

102
81
88
77
72
213
124
173
101
98
75
52
17
49
89
70

123
83
82
84
75
128
164
268
142
87
87
56
27
53
78
84

108
84
84
74
117
84
131
243
77
54
70
51
40
47
77
92

82
81
87
68
119
38
84
135
63
45
61
47
45
42
70
90

75
81
101
75
88
60
69
93
68
43
75
51
44
47
32
« 91

61

66
76
102
63
104
30
55
49
65
40
105
54
36
50

32
34
19
73
35
81
0
32
41
19
32
27
29
44

30
34
17
68
35
80
1
30
38
17
31
24
27
42

27
26
19
68
39
62
0
29
37
16
24
24
32
38

37
27
23
76
36
111
0
32
37
21
37
23
45
34

45
34
27
83
34
135
10
33
38
23
55
22
49
23

40
33
21
81
35
131
0
32
38
22
50
22
50
21

33
24
14
71
37
115
0
28
37
19
35
25
41
6

32
40
12
64
37
97
1
28
37
18
35
24
40
6

38
34
15
69
37
124
1
28
36
18
37
24
43

37
35
15
69
34
121
1
27
35
18
36
24
40
7

150
108
134
85
96
97
85
200
136
112
184
87
180
97
189
129
235

144
108
131
91
96
101
84
201
135
106
182
82
170
93
178
131
222

137
104
118
98
94
103
83
202
136
58
180
79
161
91
168
123
207

132
104
120
98
98
91
83
205
128
72
174
75
153
88
162
128
193

134
102
116
92
98
87
83
201
138
75
155
74
157
90
175
125
189

143
100
121
84
98
91
83
205
127
69
146
74
173
112
180
122
217

155
98
122
73
99
87
83
192
125
76
141
77
196
122
195
116
263

157
98
121
67
103
85
85
191
117
82
149
82
199
122
185
106
287

153
96
121
66
108
81
83
193
83
81
162
76
193
117
177
109
282

149
97
122
69
107
81
85
196
90
78
164
74
186
112
169
95
277

143
97
120
69
105
82
82
200
89
80
167
77
176
104
164
86
259

273
533
218
337
243
322
103
243
231

285
498
250
337
229
330
121
243
250

285
487
251
325
249
341
119
235
240

274
^462
264
311
214
327
128
236
204

268
6 432
268
323
206
314
130
226
189

262
M28
244
325
204
311
136
229
198

256
429
221
330
186
310
141
226
207

260
434
239
328
188
306
153
228
204

262
426
229
330
193
314
155
220
217

263
402
229
326
206
312
145
212
236

259
394
212
326
220
331
147
207
220

t

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

ORDERS

Orders, new
Iron and steel
Lumber and products
Paper.
_.._
Stone, clay, and glass...
Textiles
Transportation equipment
Orders, unfilled
Iron and steel
Furniture and
flooring
Paper..
Brick and glass
Textiles
Transportation equipment

1923-25=100..
1923-25=100..
1923-25=100..
1923-25=100..
1923-25=100._
1923-25 = 100. J
1923-25=100..
1923-25=100..
1923-25 = 100..
1923-25=100..
1923-25=100..
1923-25=100..
1923-25=100..
..1923-25=100..
1923-25 = 100..
1923-25 = 100..

72
86
97
68
137
49
58
42
74
60
83

.1923-25=100..
1923-25=100..
1923-25=100..
1923-25=100..
_ .1923-25=100. _
1923-25=100..
1923-25=100. _
1923-25=100..
1923-25=100..
1923-25=100..
1923-25=100..
1923-25=100..
1923-25=100..
1923-25=100. -

STOCKS

Domestic stocks...
1923-25=100.
Manufactured goods
1923-25=100..
Chemicals and allied prod...1923-25=100..
Food products
1923-25=100..
Forest products
1923-25=100..
Iron and steel products
1923-25=100..
Leather
1923-25=100..
Metals, nonferrous
1923-25=100..
Paper, newsprint
1923-25=100 .
Rubber products
1923-25=100..
Stone, clay, and glass
1923-25=100..
Textiles
1923-25 = 100..
Raw materials
1923-25=100..
Chemicals and allied prod... 1923-25=100. _
Foodstuffs
1923-25 = 100..
Metals
1923-25 = 100..
Textile materials
1923-25=100..
World stocks—foodstuffs and raw materials:
Total
1923-25 = 100..
Coffee—adj. for seasonal
1923-25 = 100..
Cotton—adj. for seasonal
1923-25=100..
Rubber—adj. for seasonal
1923-25=100
Silk—adj. for seasonal
1923-25 = 100._
Sugar—adj. for seasonal
1923-25=100 |
Tea—adj. for seasonal
1923-25=100..i
Tin—unadjusted
1923-25=100.-1
Wheat—adj. for seasonal
1923-25=100..!

134
95
119
69
101
79
83
207
81
83
160
74
162
94
160
77
226

236
334
167
204

34
18
75
40

35
19
35
24

°137
° 96
«123
°67
«103
82
81
206
88
«80
« 167
73
<*166
• 99
» 163
»82
231
261
375
231
«328
217
326
158
209

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

_..1923=100..
1923—100
1923=100..
1923=100 .
1923=100..
1923=100..

84.6
64.0
89.3

87.0
74.6
93.0

77.9
66 9
69^3
85.7
73.5
93.3

53
49
59
66
47
57
56
44

59
46
74
78
50
66
60
44

56
42
69
80
49
59
60
43

71.5
60. 7

78.8
68. 4

6L9

7L0

77.2
65. 7
68.5
85.6
72.4
93.1

77.0
64.8
69.1
85.3
71.7
92.8

76.8
64.3
69.0
85.5
71.2
92.8

76.6
64.2
68.7
86.0
70.5
92.6

76.1
64.4
68.7
86.3
69.6
91.4

75.6
64.0
68.0
86.5
68.7
91.5

75.1
63.5
67.6
86.3
67.5
91.3

73.7
62.6
64.9
86.0
66.4
90.7

72.1
61.8
62.2
85.9
65.4
89.4

71.8
61.2
61.9
85.8
64.6
89.4

52
37
62
82
44
57
59
40

57
41
63
83
42
72
65
38

59
51
65
79
43
69
75
40

59
57
67
68
41
67
84
42

56
51
68
59
36
60
102
44

54
47
68
57
34
57
115
43

52
43
69
59
33
52
121
45

51
45
68
59
34
51
96
46

49
44
62
57
34
53
57
44

50
48
59
60
36
56
54
43

FARM PRICES (Dept. of Agri.)
Total, all groups
Cotton and cottonseed
Dairy products *
Fruits and vegetables
Grains
Meat animals
Poultry products *
Unclassified
1
Revised.




..1909-14=100..
1909-14=100
1909-14=100..
1909-14=100
1909-14=100..
1909-14=100
1909-14=100 .
1909-14= 100..
b
Estimated.

New series. See p. 18 of the March 1933 issue for (marketings) and p. 20 of May 1933 issue (prices).

24

SURVEY OF CURRENT BUSINESS

Monthly statistics through December 1931,
together with explanatory footnotes and references to the sources of the data, may be found
in the 1932 Annual Supplement to the Survey

1933

June 1933
1933

1933

April

April

May

June

July

Decem- January FebruOctober NovemAugust Septemary
ber
ber
ber

March

COMMODITY PRICES—Continued
RETAIL PRICES
Department of Labor indexes:
Coal
Food
Fairchild index:
Combined index*.
Apparel:
Infants' wear*
Men's*
Women's*
Home furnishings*
Piece goods*

1913=100..
...1913=100.-

164
90

Dec. 1930=100..

69.4

Dec. 1930=100..
Dec. 1930=100..
Dec. 1930=100..
Dec. 1930=100..
Dec. 1930=100..

76.4
70.7
71.8
70.2
65.1

60.4

65.5

32.5
69.4
83.2
45.8
57.2
71. 5
71.5
71.7
76.9
75.7
49.2

71.1
55.5
59.6
49.2
44.5
49.2
61.0
61.6
62.3
59.8
70.9
72.5
78.4
75.0
60.0
74.4
79.7
58.9
70.1
70.2
103.5
99.1
45.5
75.0
88.4
40.8
67.2
76.3
77.4
75.4
80.3
80.1
49.3

59.4
51.8
61.4
50.7
47.2
26.3
53.3
57.8
37.4
70.6

64.4
56.1
°64.9
55.1
51.9
31.3
59.7
64.7
39.2
76.8

54.1
70.8
28.6
44.5
39.0
25.4
8.3
18.5
27.9
38.1
54.0
32.9

168
101

171
100

172
100

166
101

166
100

78.2

76.8

75.1

74.0

73.6

73.6.

73.3

84.1
80.2
78.7
78.2
75.2

83.0
79.4
77.5
77.3
72.7

79.5
77.2
76.2
76.2
71.5

78.4
75.8
75.0
75.2

78.5
74.7
74.9
74.8
70.7

77.9
74.6
75.4
74.9
71.1

77.2 j
74.5
75.4 I
74.2 i
70.9 !

64.4

63.9

64.5

65.2

70.3
53.9
58.1
46.6
42.6
44.4
59.3
59.6
61.5
56.5
70.4
71.5
77.4
75.0
59.5
73.6
79.1
58.7
69.4
70.7
106.1
103. 0
47.2
72.5
88.4
35.7
60.6
74.8
74.1
75.5
80.1
80.0
48.3

70.0
53.2
57.6
45.7
37.7
46.7
58.8
57.4
62.4
56.0
70.1
70.8
76.1
77.1
57.6
73.1
78.6
58.3
68.0
71.6
105.5
106.3
48.2
70.8
87.5
32.5
58.7
74.7
74.0
75.4
79.9
79.8
47.5

70.5
54.7
55.5
47.9
36.7
54.1
60.9
58.2
59.7
62.0
69.7
69.7
75.9
77.3
56.9
73.0
78.9
57.6
66.8
72.3
105. 8
108.3
49.7
68.6
84.4
33.5
60.0
74.0
73.0
75.1
79.2
77.2
47.0

70.7
55.7
57.9
49.1
38.2
52.8
61.8
60.2
55.6
61.9
70.1
69.6
75.2
79.0
55.5
73.3
79.7
57.0
66.4
72.1
104.4
107.0
48.9
69.7
84.4
39.3
60.0
73.6
72.6
74.8
80.1
78.7
48.5

64.4
54.3
68.2
52.9
50.5
29.1
58. 3
64.4
39.2
76.5

66.7
52.7
67.4
51.0
49.6
27.5
55.0
64.2
39.6
76.2

67.1
51.5
66.0
50.0
47.8
26.2
53.6
64.3
40.1
76.2

67.1
52.7
66.0
52.6
48.5
29.5
53.4
64.6
40.1
76.3

55.6
67. 3
57.9
50.4
32.6
56.7
64.7
42.7
75.5

53.5
70.2

51.7
68.3

52.1
66.4

52.6
68.3

55.5
71.1

27.1
47.9
40.3
22.8
7.1
19.9
15.7
47.9
38.3
40.7

25.9
51.4
37.9
21.0
7.2
17.2
14.7
42.9
41.7
38.8

24.8
50.4
37.2
19.5
6.2
16.7
18.7
28.3
39.1
35.0

51.4
36.5
21.3
6.8
17.2
25.9
27.3
41.6
34.3

30.5
59.8
37.7
27.2
8.5
23.0
28.4
30.5
45.7
36.2

170
104

166
101

172
99

173
99

172
95

171
91

170
91

72.6

71.8

71.1

69.9

69.7

76.9
73.9
74.3
74.0
70.3

77.1
73.0
74.1
73.0
69.6

77.2
72.4
72.7
72.5
67.7

76.7
71.6
71.9
71.5
66.1

76.4
71.2
71.7
70.9
"65.8

65.3

63.9

62.6

61.0

59.8

60.2

70.4
56.2
60.7
49.1
37.4
51.2
61.8
60.6
52.5
60.9
70.4
70.5
75.4
79.0
56.3
72.9
79.8
56.6
63.6
70.8
103.4
107.6
46.7
72.2
84.4
48.2
63. 2
73.7
72.7
74.7
80.1
79.7
51.6

69.3
54.2
58.9
46.7
33.2
41.9
60.6
62.3
52.4
53.7
69.8
70.7
75.4
79.0
56.6
72.4
79.7
55.0
63.5
71.4
103.1
100.0
48.2
71.4
84.2
46.1
61.9
73.7
72.7
74.7
79.6
79.4
49.1

68.4
52.1
57.7
44.1
31.7
38.7
58.3
59.5
52.8
49.4
69.0
70.8
75.1
81.1
56.5
72.3
79.7
54.7
63.1
69.3
104.1
96.5
45.0
69.6
83.8
41.7
59.2
73.6
72.7
74.7
79.4
78.8
48.3

66.7
50.2
56.9
42.6
32.9
37.8
55.8
55.2
53.0
49.5
67.3
70.1
74.9
81.2
55.9
71.6
79.3
54.9
62.3
66.0
103.2
96.7
38.7
68.9
83.3
43.0
57.1
72.9
72.3
73.5
78.2
78.5
46.4

65.7
48.4
56.3
40.9
32.7
40.1
53.7
52.4
52.4
50.2
66.0
69.8
75.1
81.8
56.4
71.3
79.0
54.8
61.5
63.6
102.9
96.6
34.3
68.0
83. 3
40.9
55.3
72.3
71.9
72.9
77.4
77.3
46.2

65.7
49.4
56.9
42.8
36.0
43.0
54.6
50.9
54.3
50.5
65.8
70.3
74.9
81.8
57.8
71.2
79.3
54.8
61.9
62.9
100.5
96.6
33.1
68.1
83.2
41.4
55.6
72.2
71.8
72.9
77.2
76.4
47.9

67.5
55.0
62.5
56.2
50.9
30.8
56.5
64.1
44.6
73.4 !

67.5
53.9
62.2
53.6
51.0
29.5
55.3
63.7
44.6
73.4

67.5
53.0
62.5
51.7
49.3
29.3
54.2
63.4
44.6
73.0

62.8
51.9
61.9
50.1
48.4
27.0
53.4
61.2
44.6
72.0

59.4
51.2
61.2
49.1
48.3
25.6
53.2
59.2
42.6
72.1

59.4
51.3
61.3
50.0
47.1
25.5
53.2
58.9
41.3
72.2

56.3
72.4

53.9
71.4

53.3
71.0

50.6
68.1

49.2
67.7

50.6
68.0

32.6
73.2
43.2
28.3
9.0
25.2
28.4
33.3
49.3
37.5

30.1
62.8
41.4
24.3
8.5
23.4
28.2
36.3
47.6
35.0

27.8
52.4
37.1
22.8
8.1
21.8
26.4
33.6
46.4
33.1

52.6
69.0
25.7
51.9
34.8
21.7

25.1
48.4
34.6
22.8

24.9
47.0
34.6
22.4

21.7
20.9
28.0
45.1
31.2

18.2
18.0
29.2
45.2
32.0

16.8
18.5
40.0
46.7
30.0

«27.0
47.0
36.2
25.7
«7.0
16.5
°23.9
39.8
48.4
«30.1

WHOLESALE PRICES
Department of Labor index:
Combined index (784)
1926=100..
Economic classes:
Finished products
1926=100..
Raw materials
1926=100..
Semimanufactures
1926=100_.
Farm products
1926=100..
Grains
1926=100..
Livestock and poultry
1926=100..
Foods
1926=100..
Dairy products
1926=100..
Fruits and vegetables
1926=100..
Meats
1926=100..
Other products
..1926=100..
Building materials
1926=100_.
Brick and tile
1926=100_.
Cement
1926=100.
Lumber
1926=100.
Chemicals and drugs.
1926=100.
Chemicals
1926=100.
Drugs and Pharmaceuticals. 1926=100..
Fertilizer materials
1926=100.
Fuel and lighting.
....1926=100.
Electricity
1926=100.
Gas
1926=100.
Petroleum products
1926=100.
Hides and leather
1926=100.
Boots and shoes
1926=100.
Hides and skins
1926=100.
Leather
1926=100.
House furnishing goods
1926=100.
Furniture
1926=100.
Furnishings
1926=100.
Metals and metal p r o d u c t s . . . 1926= 100.
Iron and steel.
1926=100.
Metals, nonferrous
1926=100.
Plumbing a n d h e a t i n g
equipment
1926=100.
Textile products
1926=100.
Clothing
1926=100.
Cotton
1926=100.
Knit goods
1926=100.
Silk and rayon
1926=100.
Woolens and worsted
1926=100.
Miscellaneous
1926=100.
Auto tires and tubes..
1926=100.
Paper and pulp
1926=100.
Other wholesale price indexes:
Bradstreet's (96)
1926=100.
Dun's (300)
1926 = 100.
World prices, foodstuffs and raw materials:
Combined index*
1923-25 = 100.
Coffee*
1923-25=100.
Copper*
1923-25=100.
Cotton*
...1923-25 = 100.
Rubber*
1923-25=100.
Silk*
1923-25-= 100.
Sugar*
1923-25 = 100.
Tea*
1923-25=100.
Tin*
1923-25 = 100.
Wheat*
1923-25=100.
Wholesale prices, actual. (See under respective commodities.)

65.7
50.0
57.3
44.5
44.8
41.0
56.1
53.1
57.8
50.3
65.3
70.2
75.0
81.8
57.9
71.4
79.5
54.6
62.9
61.5

54.6
60.7
46.9
34.4
45.0
60.5
60.5
52.2
56.4
70.2
70.7
75.3
79.0
56.6
72.7
79.8
55.9
63.4
71.1
104.6
104.4
47.4
72.8
84.6
49.6
64.1
73.7
72.8
74.7
80.3
80.4
50.7

7.7

7.2

6.9

CONSTRUCTION AND REAL ESTATE
CONSTRUCTION CONTRACTS
AWARDED
Contracts awarded, F . R . B . :
22
24
18
28
Total, unadjusted
1923-25=100..
16
16
31
31
31
32
31
32
30
28
24
22
18
31
32
32
30
31
Residential
1923-25=100..
16
14
12
12
11
12
12
10
8
7
11
29
27
22
Total, adjusted
1923-25 = 100..
14
14
27
26
27
27
30
30
29
27
28
22
27
30
26
30
27
27
28
Residential
1923-25=100..
14
12
12
12
12
10
8
9
11
11
9
F . W. Dodge Corporation (37 States):
Total, all types:
7,254
Projects
number..
7,653
7,513 7,151
7,151
7,008
7,185
7,152
6,484
5,266
4,205
3,800
7,513
7,152
7,185
Floor space
thous. of sq. f t . . 10,
10,870
13,887
15,742
14,399
13,514
8,453
870 13,
887 15,
742 12,296
14,
399 13,864
13,
514 11,054
12,068
6,949
Valuation
thous. of dolls.. 56,573
127,527
105,302
81,219
83,356
219 83,
356
56, 573 121,705
121, 705 146,221
146, 221 113,075 128,769
128, 769 133,988 127,
527 107,474 105,
302 81,
Nonresidential buildings:
1,363
1,582
1,466
2,535
Projects
number..
2,179
2,140
2,093
2,064
2,180
1,921
1,793
1,582
1,363
1,466
2,179
1,793
2,140
1,921
2,180
Floor space
thous. of sq. ft._ 4,972
6,501 9,172
9,172
8,114
6,721 4,932
6,501
6,395
8,678
8,114
6,721
6,036 • 3,331
3,331 4,460
Valuation..
thous. of dolls.. 23,
23,807
45,515
58,946
48,982
27,117
31,845
24,945
28,732
28, 732
807 45,
515 58,
946 39,813 48,
982 49,071 35,997
* New series. For earlier data see p . 19 of the December 1932 issue (Fairchild index) and p . 20 of September 1932 issue (world prices).
«




16
16
7
19
19
8

3, 884
3,884
7,382
52,712
52,
712
1,532
1,532
4,085
23,670
23, 670
Revised.

14
14

6,303
9,890
59,959
2,254
5,000
26,359

25

SURVEY OF CURRENT BUSINESS

June 1933
Monthly statistics through December 1931,
together with explanatory footnotes and references to the sources of the data, may be found
in the 1932 Annual Supplement to the Surrey

1933
April

1933
April

May

June

July

1933

Decem- January FebruOctober NovemAugust September
ber
ber
ary

March

CONSTRUCTION AND REAL ESTATE—Continued
CONSTRUCTION CONTRACTS
AWARDED—Continued
F. W. Dodge Corporation (37 States)—Con.
Public works and utilities:
Projects
number..
685
85
Floor space...
_
thous. of sq. ft..
Valuation
thous. of dolls.. 13,623
Residential buildings:
Projects
number. _ 4,034
Floor space,
thous. of sq. ft.. 5,814
Valuation
thous. of dolls.. 19,144
Engineering construction:^
Total contracts awarded (E.N.R.)
thous. of dolls.. 49,393

1,458
211
47, 295

3,589
182
61,718

1,724
106
50,146

1,876
265
60,046

1,685
205
64,150

1,745
243
68,725

1,378
138
58,501

1,082
543
54,212

939
181
43,317

540
832
42,674

466
148
17,237

851
117
17,578

4,016
7,174
28,895

3,784
6,662
25,557

3,334
5,794
23,116

3,068
5,456
19,741

3,320
5, 545
20,767

3,486
6,550
22,804

3,313
5,984
21,856

2,602
5,490
19,245

1,903
3,437
12,958

1,794
3,160
11,951

1,886
3,149
11,805

3,198
4,773
16,021

102,274

107,743

118,587

120,458

81,634

114,487

100,812

100,443

103,360

95,392

60,513

57,934

10,360
9,242

11, 068
10, 038

7,236
6,230

12, 275
11,137

12,653
10, 690

6,712
5,667

8,002
7,592

5,649
4,638

5,387
5,129

1,440
1,280

1,696
1,478

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

60,697
28,014
4,076
2,111
1,965

49,676
22, 516
3,538
1,647
1,891

56,154
19, 285
3,821
2,025
1,795

58,319
18,394
, 3,691
2,339
1,353

56,058
17,378
3,570
2,498
1,072

51,976
15, 619
3,228
2,249
978

45,085
13,314
% 682
1,911
770

40,180
11,903
2,489
1,881
609

33,050
9,816
2,218
1,660
558

25, 738
7,498
1, 959
1,408
551

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

234,043
109, 230
10, 512
7,885
2,627
101, 032

240,857
112, 630
11,237
8,304
2,934
101,191

242,175
112, 686
11,518
8,260
3,258
101, 505

260, 943
115, 528
13, 268
9,116
4,152
101,124

255,315
107,152
13, 224
8,966
4,258
102, 361

250, 724
101,098
12, 978
9,152
3,826
103,874

250,978
98,257
13,349
9,353
3,996
104, 562

252,372
95,884
13,301
9,347
3,953
105,055

260,185
97,337
13, 561
9,550
4,011
105,412

265,678
98,311
13,855
9,628
4,228
105, 645

71, 383

61, 720

56, 836

51, 425

42,075

33,593

25, 583

20, 294

18,075

15,746

14, 550

HIGHWAY CONSTRUCTION
Concrete pavement contract awards:
11,088
570
Total
thous. of sq. yd-.
379
10, 366
Roads only
-thous. of sq. yd_.
Federal-aid highways:
Approved for construction:
73,994
Estimated total cost
thous of dolls
33,057
Federal-aid allotment
thous. of dolls
3,986
Mileage, total
number
2,443
Initial
number..
1,543
Stage (added improvement)
number
Under construction:
Estimated total cost
thous. of dolls.. - - 199, 726
93,997
Federal-aid allotment
thous. of dolls
8,739
Mileage, total
number
6,941
Initial
number..
1,798
Stage (added improvement)...number.. - - - - - - 100,917
Mileage completed to date
number..
Balance of Federal-aid funds for new construction
.
thous. of dolls
82,020
CONSTRUCTION COSTS
Building costs—all types (American Appraisal
Co.)*
1913=100
Building costs—all types (A.G.C.).. 1913=100..
Building costs—all types (E.N.R.).. 1913 = 100..
Building costs—electric light and power con
struction (Rickey) *
1913=100..
Building costs factory (Aberthaw) 1914—100
Building material costs:
Brick house, 6-room
_
1913 = 100. _
Frame house, 6-room
1913 = 100

158
160.2

154
178
153.1

153
166
152.8

151
164
152.2

150
163
153.4

149
162
156.8

149
163
158.0

147
163
159.2

146
163
158.2

145
163
158.5

142
163
158.4

141
163
159.3

140
163
158.4

153

149

148

148
167

149

150

153
166

153

152

152
166

152

150

151
165

150
143

160
154

157
152

157
150

154
148

155
148

155
149

153
148

154
148

153
149

152
147

151
146

153
147

27,826

43,822

39, 271

34,339

32,982

31, 426

30,972

30, 734

31,168

39,191

35,548

36, 661

35,321

41.1

54.6

54.6

55.2

47.2

54.2

53.4

60.4

50.1

52.9

50.4

57.2

41.7

3,006
118
0
17
186
650
99
898
0
84
8
308
27
12

« 2,803
176
0
21
145
«699
85
750
«32
a 49
8
319
54
9

« 2,620
171
0
39
100
«638
76
722
50
12
12
292
36
0

* 3,014
215
0
47
120
•719

78
0
51
395
75

79
0
33
361
24

74
0
36
334
30

94
0
33
364
34

7,827
375
146
162
128
1,896
212

5,569
421
111
106
108
1,257
198

8,236
1,164
128
150
55
2,181
191

8,670
834
150
241
98
2,453
196

MISCELLANEOUS DATA
Construction—employment and wages:
Employment, Ohio. (See Employment.)
Wages, road building. (See Employment.)
Fire losses, United States
thous. of dolls..
Ship construction. (See Trans. Equipment.)
Market activity
each month 1926=100..
New financing. (See Finance.)

DOMESTIC TRADE
ADVERTISING
Radio broadcasting:
Cost of facilities, total
thous. of dolls.
4,004
3,632
3,036
3,060
2,463
2,997
2,417
2,286
2,493
Automotive
thous. of dolls.
126
261
230
175
137
127
78
58
57
Building materials
thous. of dolls.
0
3
0
0
0
0
0
0
0
52
88
77
2
0
23
19
29
Clothing and dry goods
thous. of dolls_
26
54
134
170
67
139
103
176
169
58
Confectionery
thous. of dolls_
595
855
783
701
571
522
474
556
628
Drugs and toilet goods
thous. of dolls.
104
84
92
88
82
110
88
90
96
Financial
thous. of dolls.
767
1,116
1,030
1,025
808
684
780
909
896
Foods
thous. of dolls.
42
20
4
5
3
13
16
0
43
House furnishings
thous. of dolls.
69
62
32
23
65
43
33
35
7
Machinery
thous. of dolls2
18
14
87
77
8
10
6
36
Paints and hardware
thous. of dolls.
182
211
247
182
198
281
199
183
Petroleum products
thous. of dolls.
168
16
0
0
Radios
thous. of dolls.
31
8
7
0
0
36
12
21
15
12
15
Shoes and leather goods
thous. of dolls.
45
30
17
0
Soaps and housekeepers' supplies
92
116
111
79
102
91
81
80
77
thous. of dolls.
22
17
0
0
4
17
17
9
Sporting goods
thous. of dolls_
0
44
22
52
82
79
20
68
Stationery and publishers-thous. of dolls.
18
46
354
692
543
414
378
385
366
358
Tobacco manufactures
thous. of dolls.
239
320
85
54
9
37
147
485
Miscellaneous
thous. of dolls.
32
87
Magazine advertizing:
9, 053
6,807
8,293
Cost, total
thous. of dolls.
12, 970
12,958
8,195
6,836
9,285
10,888
535
1,554
789
668
512
567
962
1,748
1,128
Automotive
thous. of dolls.
195
202
129
172
411
222
127
133
Building materials
thous. of dolls.
368
198
222
303
224
90
185
244
349
253
Clothing and dry goods
thous. of dolls.
144
170
231
297
355
274
276
149
163
Confectionery
thous. of dolls.
2,305
1,914
1,805
2,615
2,372
1,731
1,761
2,324
Drugs and toilet goods
thous. of dolls_
2,890
229
200
196
146
149
204
215
217
176
Financial
thous. of dolls.
* New series. For earlier data see p. 19 of the January 1933 issue (building costs, Richey). Earlier data for American Appraisal
1a Data for June, September, December 1932, and March 1933, are for 5 weeks, other months 4 weeks.
Revised.
176556—33
4




Co. not published.

77
0
13
294
57
0

26

SURVEY OF CURRENT BUSINESS

Monthly statistics through December 1931,
together with explanatory footnotes and references to the sources of the data, may be found
in the 1932 Annual Supplement to the Survey

1933

June 1933
1933

1933

April

April

May

June

July

Decem- January FebruAugust SeptemOctober Novemary
ber
ber
ber

March

DOMESTIC TRADE—Continued
ADVERTISING—Continued
Magazine advertising—Continued
Foods
thous. of dolls.
Garden
thous. of dolls.
House furnishings
thous. of dolls.
Jewelry and silverware
thous. of dolls.
Machinery
thous. of dolls.
Office equipment
thous. of dolls.
Paints and hardware
thous. of dolls.
Petroleum products.
.thous. of dolls.
Radios
thous. of dolls.
Schools
thous. of dolls.
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.
Linage, total
thous. of lines.
Newspaper advertising:
Linage, total (22 cities)
thous. of lines.
Linage, total (52 cities)
thous. of lines.
Classified
thous. of lines.
Display
-thous. of lines.
Automotive
thous. of lines.
Financial
thous. of lines.
General
_
thous. of lines.
Retail...
.thous. of lines.

2,075
64
522
50
33
34
99
216
61
116
159

2,237
133
1,187
90
54
104
124
279
138
181
158

2,050
95
1,198
167
48
97
132
373
82
184
161

1,862
68
884
139
27
72
88
463
82
205
170

1,465
32
424
70
17
49
53
375
114
202
59

1,403
16
223
47
28
25
3
375
99
219
121

1,284
10
320
41
18
40
34
305
131
191
71

1,760
19
532
116
20
66
38
291
165
142
151

1,953
24
561
146
31
80
55
299
205
120
164

1,816
19
367
202
29
71
23
284
210
113
67

1,209
42
225
77
17
32
9
157
146
132
45

1,817
75
367
28
27
38
25
175
83
144
13

1,943
74
396
28
34
37
76
180
63
116

702
79
135
392
311
188
1,910

898
188
207
535
462
342
« 2, 518

973
312
195
563
463
339
1,776

845
286
171
362
309
307
1,523

578
189
122
418
228
297
1,103

451
125
66
320
133
212
928

533
70
104
393
139
262
987

639
51
237
446
164
298
1,246

464
65
267
472
213
303
1,364

358
146
326
352
259
264
1,252

227
104
160
332
223
181
1,266

632
41
170
347
195
190
1,584

643
49
118
392
278
203
1,791

60,118
91,053
17,000
74,053
4,685
1,511
15,289
52, 569

• 70,659
108, 686
20,056
88,631
7,222
1,934
18, 725
60, 749

69,479
106,004
20,173
85,831
6,700
1,709
19,059
58,363

65,405
100,157
20,047
80,109
7,940
1,706
18,428
52,035

50,449
80,871
17,207
63, 665
5,574
2,226
13,653
42,212

49,577
78, 839
17,563
61,275
4,754
1,621
13,034
41, 866

62, 324
93,003
18, 359
74, 644
3,684
1,645
15,606
53, 708

70, 753
103, 323
19,171
84,153
3,052
1,975
18,891
60,235

63,855
94,967
16,423
78,545
3,740
1,737
16, 823
56,245

60,735
91,509
15, 689
75, 820
3,913
1,651
8,908
61, 348

52,077
77,957
15,282
62,675
4,866
2,281
14,197
41,331

47,186
72,539
14,083
58,456
3,048
1,637
15,188
38, 584

49,884
76, 364
14, 810
61,554
2,503
1,951
13,869
43, 230

35,530
625

71,703
961

76, 793
864

64,134
882

56,082
838

60,096
902

49,868
738

48,104
680

47, 646
641

41,515
686

40,829
633

39,575
542

31,165
520

64.0

63.5

62.7

62.6

62.7

62.0

61.7

62.1

61.7

60.7

60.8

60.1

3,072

2,863

3,107

2,534

2,909

2,661

2,592

2,458

2,681

3,307

2,839

2,674

676,084

687,906

694, 930

545,060 568,887

555, 661

567, 006

533, 047

542,326

524, 721

493,416

586,822

COLLECTIONS
Delinquent accounts, electrical trade:
Amount
dollarsFirms.
--.
number.
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
percent of total.
NEW INCORPORATIONS
Business incorporations (4 States)

number.

2,665

POSTAL BUSINESS
Air mail, weight dispatched
Money orders:
Domestic, issued (50 cities):
Number
Value
Domestic, paid (50 cities) •
Number
Value
Foreign, issued—value
Receipts, postal:
50 selected cities
50 industrial cities

poundsthousandsthous. of dolls.

3,261
35,866

3,581
33, 673

3,421
32, 021

3,369
32,056

3,066
30, 454

3,061
30, 286

2,971
29,378

3,219
31, 056

3,152
30, 201

3,574
32,745

3,207
30,038

3,098
31,864

« 3,936
« 59, 711

thousandsthous. of dolls.
thous. of dolls.

9,622
94,163

9,379
74, 612
3,314

8,927
70, 720
2,871

9,369
73,903
3,066

8,187
70,157
2,934

8,306
72,506
2,692

8,441
74,483
2,962

9,430
79,092
2,538

9,221
75,369
2,799

10,151
78, 670
6,340

8,567
67, 210
2,400

7,996
65,370
2,423

«10,445
»136,196

thous. of dolls.
thous. of dolls.

23,810
2,678

24, 272
2,698

22, 621
2,513

22,006
2,452

23,789
2,959

23,851
2,900

25, 770
2,835

26, 711
3,030

26,109
2,840

33,097
3,789

24, 674
2,955

22, 559
2,659

24,422
2,646

88

86

84

80

83

82

79

79

80

76

75

89

83

78

72

71

74

78

76

73

75

70

63

86

87

84

83

81

82

80

78

80

76

73

74

134
141

133
138

127
138

118
135

118
127

123
135

142
133

130
129

226
117

100
135

103
138

110
121

1,349
92

1,505
88

1,428
81

1,143

1,137
75

1,171
72

1,306
73

1,276
76

2,250
76

862
76

936
74

1,058
74

10,337
714

10,059
715

10,041
718

9,042
718

8,805
719

9,430
722

10,506
722

9,841
723

18, 051
723

7,706
718

8,054
718

8,492
717

4,911
226

5,126
227

4,877
227

4,492
227

4,862
227

4,914
227

5,151
229

4,854
229

9,327
230

3,913
232

3,896
232

4,087
231

3, 354
244

3,155
241

3,025
241

2,681
241

2,627
241

2,825
241

3,475
241

3,129
242

5,830
242

2,537
243

2,339
243

2,383
240

1,488
173

1, 543
173

1,491
173

1,394
173

1,361
173

1,419
174

1,620
175

1,563
175

2, 855
176

1,130
176

1,223
177

1,314
178

602
40

603
40

570
40

533
40

534
40

601
40

596
39

541
39

997
38

347
38

364
35

417
34

RETAIL TRADE
Chain-store sales:
Combined index (20 companies)*
av. same mo. 1929-31=100.
78
Apparel (4 companies)*
av. same mo. 1929-31=100.
74
Grocery (6 companies)*
av. same mo. 1929-31 = 100.
74
Five-and-ten (variety) stores:
Total, 8 chains, unadjusted..1923-25=100.
128
Total, 8 chains, adjusted
1923-25=100.
139
F. and W. Grand:
Sales
thous. of dolls.
Stores operated..
.number.
S. S. Kresge Co.:
Sales
_
..thous. of dolls.
10, 228
Stores operated
_
.number.
720
S. H. Kress & Co.:
Sales
thous. of dolls.
4,766
Stores operated..
number.
231
McCrory Stores Corp.:
Sales
thous. of dolls.
2,721
Stores operated
number.
226
G. C. Murphy Co.:
Sales
thous. of dolls.
1,629
Stores operated
number178
Isaac Silver & Bros.:
Sales
thous. of dolls.
551
Stores operated..
..number.
33
* New series. For footnote




see p . 19 of the December 1932 issue.

• Revised.

27

SURVEY OF CURRENT BUSINESS

June 1933
Monthly statistics through December 1931,
together with explanatory footnotes and references to the sources of the data, may be found
in the 1932 Annual Supplement to the Survey

April

1933

1932

1933

April

May

June

July

Decem- January FebruOctober NovemAugust September
ber
ary
ber

March

DOMESTIC TRADE—Continued
RETAIL T R A D E - C o n t i n u e d
Chain-store sales—Continued
Five-and-ten (variety) stores—Continued
F. W. Woolworth Co.:
Sales
thous. of dolls. 20,159 20,755 20, 529 18,921 18,146 18,244 19,463 22, 473
1,929
1,913
1,920
Stores operated
..number1,910
1,915
1,919
1,925
1,930
Grocery chains:
A. & P . Tea Co.:
Sales, value total
thous. of dolls. 61,056 72,369 72, 433 86,063 64, 239 79, 317 63,625 66, 530
Weekly average
thous. of dolls. 15, 264 18,092 18,108 17, 213 16,060 15,863 15,906 16,633
Sales, tonnage, total.
tons. 405, 660 422,714 437,687 531.088 397,468 490,487 391,804 415,659
Weekly average
. . t o n s . 101, 415 105,678 109,422 106, 218 99,367 98,097 97,951 103,915
Restaurant chains:
Total sales, 3 chains:
3,922
3,314
3,736
Sales
.thous. of dolls.
3,456
3,269
3,406
3,403
383
384
Stores operated
number.
385
383
383
Childs Co.:
1,618
1,426
1,274
1,203
1,268
1,311
1,350
Sales
thous. of dolls.
1,320
107
Stores operated
number.
108
107
107
107
107
106
105
J. R. Thompson Co.:
1,064
1,053
1,002
1,001
976
Sales
thous. of dolls.
950
1,019
115
116
116
Stores operated.
_
number116
117
115
117
Waldorf System (Inc.):
1,240
1,055
1,257
1,064
1,045
Sales
..thous. of dolls.
1,163
1,116
1,106
160
161
160
161
160
159
160
Stores operated
number.
160
Other chains:
W. T. Grant & Co.:
6,096
5,055
5,662
6,277
5,997
5,087
Sales
-thous. of dolls.
5,829
6,958
451
417
434
412
429
438
442
Stores operated
number.
424
J. C. Penney Co.:
11,455
10,752 13,053 16, 752
Sales
thous. of dolls.. 14,592 14,325 12, 648
12,025
1,466
1,472
1,464
1,474
Stores operated...
number..
1,478
1,468
1,467
1,477
Department-store sales and stocks:
72
79
65
65
68
Sales, total value, adjusted
1923-25=100..
67
72
74
49
46
71
Sales, total value, unadjusted.. 1923-25=100..
68
66
75
65
67
53
44
65
Atlanta
_
1923-25=100..
58
56
75
73
74
48
46
75
Boston
....1923-25=100..
66
70
80
70
74
50
45
69
Chicago
1923-25=100..
64
66
71
64
69
44
40
55
Cleveland
1923-25=100..
62
58
61
63
64
47
38
72
Dallas...
-1923-25=100..
63
54
77
63
68
50
42
73
63
56
71
Kansas City
1923-25=100..
58
72
50
40
72
67
57
62
Minneapolis..
1923-25=100..
78
56
50
80
78
81
95
New York
1923-25=100..
63
42
39
53
60
60
74
Philadelphia*
1923-25= 100..
85
55
51
77
78
80
94
Richmond—
.1923-25=100..
62
47
39
71
61
57
68
St. Louis
1923-25=100..
70
75
73
70
67
79
San Francisco
1923-25=100..
Installment sales, New England dept. stores,
7.3
ratio to total sales
_
..percent..
5.2
9.3
9.9
5.6
Stocks, value, end of month:
59
63
Unadjusted
1923-25=100..
55
65
67
64
Adjusted
_. .1923-25=100..
60
61
53
61
67
Mail-order and store sales:
32,073 33,777 39,156 45,423
Total sales, 2 companies
thous. of dolls.. 35,365 39, 745 38,718
16,169
14,172
11,804 12,988 14,638 19,805
Montgomery Ward & Co.-thous. of dolls.. 15,574
14,840
Sears, Roebuck & Co
thous. of dolls.. 19,791 23,576 24,546 25,049 20,269 20, 789 24,518 25,618

20,216
1,932

33,099
1,932

15,845
1,927

16,245
1,927

17,511
1,929

62,849 79, 616 57, 235 61,102
15,712 15,923 14, 309 15,276
395,275 498, 470 371, 394 406,156
99, 694 92,849 101,539

74,981
14,996
495,192
99,038

3,386
382

3,641

3,425
381

3,081
381

1,445
105

1,554
105

1,431
105

1,278
105

887
117

918
117

884
117

784
117

1,054
160

160

1,110
159

1,019
159

1,104
161

11,367
445
18,942
1,476

4,270
446

4,491
449

5,137
451

1,473

8,460
1,474

10,234
1,478

60
106
96
115
100
90
99
96
85
134
101
137
92
121

60
49
43
50
49
41
42
44
40
56
44
54
43
54

60
49
48
43
46
41
45
45
37
54
40
51
42
52

«57
«50
«49
«51
«50
o 42
«53
«53
56
65
49
61
a 47

4.1

6.2

7.1

444
15,042
1,477
63
73
63
76
65
57
68
64
56
91
67

1,311
105

59

7.3

6.3

61
41, 281
16, 552
24,729

56
60
51,556
21,055
30,501

52
58
26,958
10,100
16,858

54
26,176
10,114
16,062

27,554
11,211
16,343

58.1
36.7
31.0
30.4
52.2
76.2
80.2
75.0
78.6
49.6
73.3
74.6
68.1
33.8
44.0
44.4
80.2
59.1
61.3
52.7
69.6
72.8
61.7
60.4
46.1
50.4
41.3
60.9
59.4
39.4
34.0
32.8
55.7
76.4
79.7
76.4

59.2
37.8
30.7
31.4
54.4
77.3
80.5
75.7
78.4
51.8
77.3
79.2
69.6
33.4
44.4
45.3
80.1
59.4
62.5
50.4
72.3
73.7
69.0
63.4
45.1
49.6
40.6
57.1
59.4
39.9
33.8
33.4
56.0
76.4
78.9
76.7

56.7
38.1
31.0
31.2
55.6
78.2
80.1
75.8
76.9
49.1
76.6
78.8
67.8
31.8
42.8
42.3
78.7
57.0
60.4
46.4
67.7
68.1
66.7
57.6
42.5
43.9
40.3
54.1
56.6
38.9
33.1
32.1
55.3
75.6
79.1
76.6

55

EMPLOYMENT CONDITIONS AND WAGES
EMPLOYMENT
61.3
Factory, unadjusted (F.R.B.).. 1923-25= 10064.0
59.1
57.8
Cement, clay, and glass
1923-25=100—
45.0
47.0
40.5
48.8
Cement
—1923-25=100.
42.8
42.7
36.7
44.8
Clay products
1923-25=100.
39.6
42.6
32.5
43.1
Glass
..1923-25=100.
56.9
57.9
58.6
62.1
Chemicals and products
1923-25=100. _
74.2
78.3
82.4
82.4
Chemicals and drugs
1923-25=100..
78.0
80.6
78.8
81.9
Petroleum refining
1923-25 = 100..
78.1
78.2
75.9
78.6
Food products
1923-25=10080.9
81.0
78.2
80.6
Iron and steel
1923-25=100..
54.8
57.2
50.6
59.8
Leather and products
1923-25=100—
70.5
72.7
75.0
78.8
Boots and shoes
1923-25=100..
72.7
74.4
77.7
81.3
Leather
—1923-25=100—
61.6
65.4
63.9
68.3
Lumber and products
1923-25=10037.8
38.6
32,8
39.6
Machinery-.1923-25=10051.3
54.4
43.1
57.0
Metals, nonferrous
1923-25=10048.6
51.4
44.4
53.9
Paper and printing
. . . 1923-25=10082.0
83.8
78.4
85.3
Rubber products
1923-25=10067.0
66.0
57.1
66.6
Auto tires and tubes
1923-25=10070.3
69.1
60.6
69.3
Boots and shoes..
1923-25=10057.1
56.9
46.7
58.7
Textiles and products..
1923-25=10057.2
62.0
69.7
67.9
Fabrics
1923-25=10058.2
62.3
69.6
67.3
Wearing apparel-,
1923-25=10054.7
61.3
69.8
69.4
Tobacco manufactures
1923-25= 100—
69.0
67.3
56.3
68.4
Transportation equipment
1923-25=10050.8
53.0
52.4
41.4
Automobiles—
1923-25=100..
59.6
59.7
44.4
58.9
Car building and repairing. .1923-25= 10041.6
45.5
44.2
38.5
Shipbuilding
...1923-25=100..
78.5
81.4
49.8
85.2
Factory, adjusted (F.R.B.)
1923-25=10060.0
64.3
62.1
57.7
Cement, clay, and glass
1923-25=10043.4
48.4
45.8
40.2
Cement
1923-25=10040.9
45.6
41.9
37.3
Clay products
1923-25=100..
38.0
42.7
41.1
32.2
Glass
1923-25=10055.5
61.3
57.1
57.8
Chemicals and products
1923-25=100. _
76.4
78.5
79.7
77.6
Chemicals and drugs
1923-25=10079.6
81.2
81.9
78.1
Petroleum refining
1923-25=100..
77.4
78.6
78.4
75.9
* New series. For earlier data see p. 20 of the December




57.2
58.6
43.4
42.1
41.9
39.2
38.7
38.0
53.6
51.8
72.3
72.2
75.6
75.7
77.4
75.8
79.3
80.7
51.4
50.4
71.6
76.1
74.2
79.4
61.3
62.6
36.3
36.4
48.4
46.4
45.4
45.8
80.5
79.3
65.0
63.6
69.4
66.3
51.9
55.2
53.9
62.3
56.4
63.8
47.5
58.4
68.4
68.3
45.1
49.2
57.9
50.8
38.7
40.7
71.4
66.9
58.8
58.3
40.5
43.1
36.4
39.8
36.4
37.6
51.1
55.9
74.0
74.7
77.6
78.2
74.4
75.7
1932 issue.

61.5
43.4
43.3
38.5
53.4
74.0
76.9
76.6
83.8
51.7
78.0
81.1
65.0
37.7
45.9
46.6
80.9
60.2
63.3
50.7
71.9
72.6
70.3
69.9
43.1
44.3
40.1
64.5
60.3
41.9
41.1
37.3
51.6
73.7
77.0
75.2

62.0
44.9
44.3
39.4
56.0
75.1
79.4
74.6
85.0
53.3
79.0
81.7
67.9
39.0
45.8
47.1
82.3
60.5
62.9
53.3
75.7
76.2
74.4
71.9
41.3
37.3
42.1
63.4
61.1
43.8
42.6
38.8
54.4
74.9
78.6
74.7

60.9
59.6
41.4
44.6
34.0
42.4
36.1
39.0
56.2
57.0
75.4
75.5
79.6
80.1
75.4
74.3
81.5
82.9
52.1
53.6
70.0
72.7
70.3
73.4
68.6
69.6
36.6
38.1
46.0
46.0
46.8
48.4
81.6
82.2
61.8
61.2
62.2
62.7
60.3
56.6
71.1
73.1
74.1
75.2
63.4
67.8
68.8
72.7
44.8
43.3
45.2
40.5
42.7
43.4
62.4
62.4
60.6
61.2
42.6
44.3
35.3
41.8
37.1
39.0
57.7
56.0
75.2
75.2
78.3
78.6
76.3
75.0
° Revised.

28

SURVEY OF CURRENT BUSINESS

Monthly statistics through December 1931,
together with explanatory footnotes and references to the sources of the data, may be found
in the 1932 Annual Supplement to the Survey

June 1933

1932

1933

April

April

June

May

July

1933

August l

e

^ e p m " October

Novem- Debcem- January
ber

F

^y U "

March

EMPLOYMENT CONDITIONS AND WAGES—Continued
EMPLOYMENT—Continued
Factory, adjusted
(F.R.B.)—Continued
Food products
1923-25=100..
Iron and steel
1923-25=100..
Leather and manufactures
1923-25=100..
Boots and shoes
_
1923-25=100..
Leather
1923-25=100..
Lumber and products
1923-25=100..
Machinery
1923-25=100..
Metals, nonferrous
1923-25=100..
Paper and printing
1923-25 = 100..
Rubber products
1923-25 = 100.
Auto tires and tubes
1923-25=100.
Boots and shoes
1923-25 = 100..
Textiles and products
1923-25 = 100..
Fabrics
1923-25=100..
Wearing apparel
1923-25=100..
Tobacco manufactures
1923-25=100..
Transportation equipment
1923-25=100..
Automobiles
1923-25=100..
Car building and repairing..1923-25=100..
Shipbuilding
1923-25=100.
Factory, b y cities and States:
Cities:
Baltimore*
_ ..1929-31 = 100.
Chicago*
1925-27=100.
Cleveland
Jan. 1921 = 100.
Detroit
1923-25=100.
Milwaukee *_
1925-27=100.
New York
1925-27=100.
Philadelphia
1923-25=100.

81.2
50.0
76.4
79.3
64.4
33.3
42.6
43.4
78.8
56.7
59.6
47.9
68.5
69.2
66.8
57.5
40.1
41.5
38.2
47.0

83.6
59.0
80.2
83.0
68.8
40.2
56.4
52.7
85.7
66.1
68.1
60.2
66.7
66.8
66.4
70.1
51.1
55.1
45.2
80.3

83.2
56.5
75.8
77.9
67.0
39.0
54.1
50.8
84.3
65.8
67.7
59.9
62.4
62.4
62.5
68.4
50.2
54.7
43.9
79.4

81.1
54.8
74.3
76.9
63.4
37.9
51.0
48.7
82.8
67.0
68.9
61.1
58.5
58.7
58.1
69.4
50.0
58.0
41.3
77.6

79.4
52.1
71.9
74.1
62.4
36.1
48.3
46.0
81.4
64.6
68.1
54.3
56.9
58.6
52.9
70.2
49.3
58.1
40.4
73.0

81.0
50.6
74.0
76.7
62.9
35.7
46.4
46.4
80.4
62.7
64.4
57.2
64.8
66.1
61.5
68.3
44.8
49.8
38.6
70.7

81.8
51.3
74.9
77.3
65.0
36.6
46.0
47.2
81.1
58.6
61.6
49.4
72.2
73.6
68.6
67.9
42.8
43.0
40.0
69.2

81.3
53.2
76.1
78.1
67.9
37.6
46.1
47.8
82.0
60.7
64.0
51.0
74.3
75.5
71.2
68.3
41.4
37.3
41.9
67.6

80.7
53.8
73.2
74.1
69.1
37.3
46.6
48.9
81.1
63.7
67.0
53.6
72.3
73.9
68.9
68.6
45.6
45.6
43.6
65.0

80.0
52.8
72.0
72.9
68.3
36.8
46.4
47 A
80.2
63.2
65.4
56.3
70.4
72.9
64.0
67.7
47.4
51.6
42.8 j
62.4

79.6
50.6
72.9
74.4
66.9
35.0
44.5
44.8
79.6
59.7
62.6
51.2
69.2
72.2
61.5
64.9
47.4
53.3
42.0
59.1

79.2
51.4
75.6
77.5
67.5
34.4
44.2
44.4
79.9
59.1
62.3
49.6
70.4
72.2
66.1
64.1
45.0
48.9
41.1
54.1

78.4
48.3
75.7
78.0
66.2
32.5
42.2
41.0
78.5
56.6
59.7
47.3
65.4
66.9
61.9
57.8
41.7
41.9
40.5
50.9

64.3
49.3
65.3
50.0
57.4
57.8
61.4

76.6
56.5
70.2
67.5
63.6
61.8
66.9

72.5
55.9
69.7
69.6
59.3
57.2
66.7

69.0
55.4
68.6
72.2
57.4
54.3
65.5

65.3
51.0
66.0
63.4
53.5
51.0
61.8

65.4
53.0
66.7
29.2
53.7
55.3
62.5

66.6
53.4
65.1
37.4
55.4
59.6
66.0

67.1
53.3
65.2
42.0
55.4
61.6

64.7
51.8
65.6
39.3
55.7
59.5
68.4

49.8
66.6
48.0
54.4
57.9
65.5

61.2
49.2
66.6
28.8
53.7
55.8
63.5

63.5
49.7
66.8
49.2
54.1
58.0
63.1

60.5
48.2
°61.7
41.8
54.3
56.3
60.8

Delaware
....1923-25=100..
69.6
51.7
Illinois
..1925-27=100..
83.7
Iowa._
..1923=100..
54.1
Massachusetts*
1925-27=100..
67.5
Maryland*
1929-31 = 100.
55.0
New Jersey.
1923-25=100.
55.3
New York
1925-27=100.
Ohio
1926=100.
55.1
Pennsylvania
1923-25=100.
Wisconsin
1925-27=100.
60.8
Nonmanufacturing {Dept. of Labor):
Mining:
51.6
Anthracite
1929=100..
63.7
Bituminous coal
1929=100..
29.4
Metalliferous
1929=100..
56.8
Petroleum, crude production...1929=100.
39.3
Quarrying and nonmetallic
1929=100.
Public utilities:
Electric railroads
1929=100.
69.5
Power, light, and water
1929=100.
76.9
Telephone and telegraph.
1929=100,
72.3
Trade:
Retail
1929=100.
78.6
Wholesale
..1929=100.
73.3
Miscellaneous:
96.3
Banks, brokerage houses, etc.*.. 1929=100.
49.2
Canning and preserving
1929=100,
81.1
Dyeing and cleaning*
1929=100.
71.9
Hotels
1929=100.
73.4
Laundries*
1929=100.
Miscellaneous data:
Construction employment, Ohio.. 1926=100.
Farm employees, hired, average per farm
numberFederal and State highway employment,
total*
..numberConstruction*
numberMaintenance*
numberFederal civilian employees:
United States*
. . n u m b e r . 605, 554
Washington
number67,063
Railroad employees, class I
thousands.
Trade-union members employed:
All trades
percent of totalBuilding trades*
percent of totalMetal trades*
percent of total-.
Printing trades*
percent of total..
All other trades*
percent of total,.
On full time, all trades...percent of total..

74.8
58.8
91.2
58.6
76.9
63.5
62.2
66.4
64.7
66.2

72.6
57.2
92.8
54.5
72.5
62.4
57.6
65.1
61.4
63.9

71.5
56.6
91.7
51.7
68.1
61.5
55.6
64.3
59.7
62.4

69.8
52.3
91.2
48.4
66.0
58.9
52.4
62.4
57.1
62.4

68.1
53.5
91.5
54.4
66.5
57.5
54.4
59.3
58.5
60.2

72.1
54.5
94.0
59.7
68.9
59.8
57.8
60.3
60.6
61.1

70.9
54.4
95.1
62.1
71.0
60.1
59.5
61.4
62.4
60.5

71.6
53.5
93.5
59.0
69.9
59.4
58.9
61.5
61.8
60.1

73.5
51.7
92.6
56.8
69.4
59.2
57.1
60.7
60.0
58.8

73.4
50.7
85.6
55.8
65.4
56.3
55.4
60.6
57.7
57.3

74.3
52.1
88.2
57.9
67.5
57.4
56.3
61.5
58.6
58.8

71.5
50.8
83.2
53.9
64.3
55.1
53.7
57.2
54.5
58.6

70.1
65.5
43.3
54.9
48.6

66.9
62.6
38.3
54.5
50.6

53.0
60.5
32.2
54.2
49.5

44.5
58.6
29.5
55.4
49.5

49.2
59.4
28.6
57.4
51.1

55.8
62.4
29 3
56'. 2
52.4

63.9
67.0
30.5
56.8
52.4

62.7
69.4
31.9
56.5
49.4

62.3
70.0
33.3
57.2
42.3

52.5
69.8
32.4
57.2
35.1

58.7
69.3
31.5
57.0
34.8

54.6
67.6
30.0
56.5
35.1

78.0
84.
81.2

76.9
84.0
80.6

76.5
83.2
79.9

75.6
82.3
79.1

74.1
81.5
78.1

73.5
81.0
77.4

72.3
79.9
76.2

71.8
79.1
75.5

71.4
78.4
74.8

70.6
77.7
74.6

70.4
77.4
73.9

76.9
73.2

81.6
78.9

77.9

79.4
77.0

74.6
76.6

72.6
76.4

77.8
77.1

81.3
77.8

81.7
77.6

95.2
77.0

76.9
75.3

73.4
74.1

71.4
73.1

47.0
83.3
82.7
82.0

98.2
40.5
84.5
80.1
81.4

98.1
55.5
85.1
78.0
81.0

98.5
73.0
82.4
78.4
80.3

98.7
99.0
79.5
77.6
78.9

125.3
83.3
77.0
78.6

98.7
81.1
82.3
75.4
77.5

98.2
50.5
78.0
74.3
76.2

98.0
33.7
75.2
73.2
75.9

97.6
34.1
73.0
73.8
75.4

97.0
35.1
70.9
73.8
74.4

96.8
33.2
71.2
72.4
73.0

31.0

33.3

36.3

37.8

37.9

40.8

35.7

30.4

24.8

23.9

21.3

20.1

.96

1.09

1.01

1.09

.77

.72

.74

.79

245,843
104, 261
141, 582

259,615
129,842
129, 773

280, 636
151, 617
129,019

305, 372
175, 254
130,118

333,403
182, 201
151, 202

374,405
219,277
155,128

373,246
214,427
158,819

371, 667
210,939
160, 728

290,465
150,479
139,986

266,443
115,404
151,039

255, 256
114, 567
140,689

279, 213
133,595
145. 618

611,138
69,454
1,087

612,833
69,375
1,082

613,941
68, 793
1,047

608, 703
67,552
1,022

611,010
67, 259
996

610,948
67,070
1,010

608,488
66,974
1,033

607,904
66,388
1,013

600,943
66,302
994

599, 990
66, 800
960

600,311
66,802
956

603,818
67,557

67
36
55
78
78
46

68
35
54
80
80
46

68
38
58
82
79
47

65
30
53
80
78
45

28
51
78
78
44

LABOR CONDITIONS
Factory operations, proportion of full time
worked, total
percent..
Chemicals and products
percent..
Food products
_
percent..
Leather and products
__ percent..
Lumber and products
-.percent..
Metal products:
Iron and steel
..percent..
Other
percentPaper and printing
percent..
Stone, clay, and glass
percent..
Textile products
percent-.
Tobacco products
._percent..
Transportation equipment
percent..
Automobiles
percent..
Flours of work per week in factories:*
Actual, avg. per wage earner
hours..

85
94
94
85
76

84
93
94
79
76

92
94
79
75

82
92
94
80
71

83
90
94
84
74

73
76
88
84
90
83
90
90

72
78
88
81
87
78
79
71

71
76
87
83
85
79
82
75

70
75
86
81
85
80
81
76

67
73
84
80
84
80
79
70

67
73
83
79
88
79
78
70

78
86
79
93
78
78
69

73
80
87
80
94
79
81
73

33.8

34.4

33.9

32.7

32.1

32.2

34.9

36.5

84
89
94
86
73

85
90
93
90
77

84
89
92
88
77

78
92
80
82
76

80
85
78
90
82
84
80

70
78
86
85
89
80
87
85

72
77
88
83
90
79
86
82

70
73
87
83
87
78
83
76

36.5

35.4

34.9

35.2

91
95
86
79

* New series. For earlier data see p. 20 of the October 1932 issue (hours of work) and p. 18 of the December 1932 and pp. 19 and 20 of this issue (employment).




32.2

• Revised.

29

SURVEY OF CURRENT BUSINESS

June 1933
Monthly statistics through December 1931,
together with explanatory footnotes and references to the sources of the data, may be found
in the 1932 Annual Supplement to the Survey

1933
April

1932
April

May

June

July

1933

Decem- January FebruAugust SeptemOctober November
ber
ber
ary

March

EMPLOYMENT CONDITIONS AND WAGES—Continued
LABOR CONDITIONS—Continued
Labor disputes:
Disputes
Man-days lost
_.
Workers involved
_.
Labor turnover (quarterly):*
Accessions
percent of
Separations:
Discharged
percent of
Laid-ofE
percent of
Voluntary quits
percent of

34
43
38
37
35
572,121 1,220,202 927,996 700,985 728,201
20,066 49, 232 23,540 32, 597 27,199

number..
number..
...number..

31
17
536, 262 118,869
6,834
1,633

13
38,716
1,446

10
«29
34, 204 '240,912 110, 768
877 "8,790
"6,855

50
333,827
8,761

no. on pay roll..

7.80

12.55

10. 50

8.50

no. on pay roll..
no. on pay roll—

.49
12.92

.45
10.78

.43
8.75

.38
10.14

no. on pay roll—

2.15

2.10

1.56

PAY ROLLS
Factory, unadjusted (F.22.B.)—1923-25=100-_
Cement, clay, and glass
1923-25=100..
Cement
1923-25= 100Clay products
1923-25=100Glass
1923-25=100Chemicals and products
1923-25=100Chemicals and drugs
1923-25=100Petroleum refining
1923-25= 100Food products
.1923-25= 100Iron and steel
1923-25=100.
Leather and products
1923-25=100..
Boots and shoes
..1923-25=100.
Leather
1923-25=100Lumber and products
1923-25=100.
Machinery
1923-25=100.
Metals, nonferrous
1923-25=100.
Paper and printing
1923-25=100.
Rubber products
1923-25=100.
Auto tires and t u b e s . . .
1923-25=100.
Boots and shoes
1923-25=100.
Textiles and products
1923-25=100.
Fabrics
1923-25=100.
Wearing apparel
1923-25=100.
Tobacco manufactures
1923-25=100.
Transportation equipment
1923-25=100. _
Automobiles
1923-25=100..
Car building and repairing- .1923-25=100._
Shipbuilding..
1923-25=100..
Factory by cities:
Baltimore*
_
1929-31=100
Chicago*
.1925-27 = 100.
Milwaukee*
1925-27 = 100..
New York *__
1925-27 = 100..
Philadelphia * . .
1923-25 = 100.
Factory, by States:
Delaware
..1923-25=100.
Illinois
1925-27=100.
Maryland *
1929-31 = 100Massachusetts *
1925-27=100.
New Jersey
1923-25 = 100.
New York
1925-27=100.
Pennsylvania
1923-25=100.
Wisconsin...
1925-27=100.
Nonmanufacturing (Department of Labor):
Mining:
Anthracite
1929=100.
Bituminous coal
1929=100..
Metalliferous
1929 = 100..
Petroleum, crude production...1929 = 100—
Quarrying and nonmetallic
1929=100Public utilities:
Electric railroads
1929-100__
Power, light, and water
1929=100Telephone and telegraph
1929=100—
Trade:
Retail
1929=100..
Wholesale
..1929=100..
Miscellaneous:
Banks, brokerage houses, etc.*.. 1929 = 100—
Canning and preserving
1929=100. _
Dyeing and cleaning *
1929=100. _
Hotels.
1929=100..
Laundries *
1929=100..

38.6
22.0
18.3
14.2
39.9
60.8
58.4
63.8
62.6
24.4
45.9
46.0
45.4
15.6
24.4
27.4
62.4
34.2
35.2
30.2
45.2
43.0
49.8
35.9
30.6
32.3
28.6
37.4

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

46.2
30.2
30.0
22.4
46.2
66.9
65.6
72.5
72.9
30.4
45.7
44.4
50.3
22.2
35.9
34.5
77.0
48.7
50.4
41.6
41.5
40.3
44.0
48.4
45.9
53.5
37.3
71.0

42.6
27.3
28.5
19.0
43.2
63.2
61.1
72.1
71.4
26.0
45.0
44.3
47.4
20.9
32.3
32.0
72.9
55.1
59.4
37.9
35.8
37.0
33.4
52.2
40.7
47.1
32.9
67.4

39.6
24.4
25.9
17.8
36.9
60.0
57.8
68.9
68.3
22.2
46.2
46.1
46.6
19.0
28.8
29.4
69.1
45.9
49.7
30.8
32.5
34.4
28.6
51.4
37.3
43.4
29.6
64.9

40.1
23.9
25.1
17.6
35.9
60.0
58.1
68.2
67.9
22.1
51.7
52.4
49.0
19.3
27.1
28.9
67.4
41.5
43.0
35.7
42.3
42.1
42.6
49.4
31.6
32.7
28.6
53.6

42.1
24.6
26.3
18.4
35.8
59.8
58.4
66.3
70.8
23.4
54.5
55.2
52.3
20.9
27.0
30.3
70.0
36.4
35.6
39.9
53.1
51.7
56.0
51.0
27.3
22.2
28.9
52.4

43.5
26.4
27.0
20.0
38.7
60.7
61.9
63.3
70.9
26.2
55.0
54.6
56.3
22.4
27.7
32.2
71.7
38.9
38.1
42.4
55.6
55.2
56.3
52.6
29.1
23.3
31.4
53.4

41.8
25.7
24.8
19.0
39.5
60.9
62.3
63.1
67.0
25.6
43.8
40.7
55.0
20.9
27.4
31.9
70.2
38.6
36.1
48.3
49.4
51.9
44.2
52.4
31.9 ,
27.6
33.7
48.8

40.9
23.3
18.4
17.5
37.8
59.8
60.5
62.8
66.1
24.2
42.0
38.7
53.9
18.8
28.0
30.1
69.8
39.8
36. 7
52.2
46.4
50.1
39.1
50.4
33.8
32.0
33.5
52.4

39.2
20.2
16.1
13.4
36.0
60.7
60.6
64.6
64.1
22.7
43.7
41.7
50.9
16.3
26.0
27.5
67.0
35.4
34.8
38.0
44.2
46.6
39.2
38.3
34.0
36.3
30.8
46.6

40.0
20.9
16.0
14.3
37.3
60.8
61.1
64.3
62.7
24.7
50.0
49.0
53.9
16.3
26.3
27.4
65.8
35.8
35.7
36.3
48.2
48.4
47.7
40.2
32.1
32.2
30.8
44.2

36.9
20.6
16.4
13.8
36.7
60.4
59.8
64.5
59.8
22.4
47.1
46.2
50.3
14.3
24.0
25.1
63.3
31.1
31.7
28.6
41.3
40.8
42.4
36.0
29.2
27.0
29.9
40.3

44.3
26.4
34.8
46.0
43.5

58.4
35.9
40.7
54.8
52.0

53.4
34.4
36.4
48.6
50.1

50.5
33.5
32.7
45.6
49.0

46.2
29.0
27.6
42.4
44.4

45.9
31.6
30.1
45.8
45.1

47.2
32.0
32.2
51.3
51.1

48.7
31.4 ,
34.1 I
51.6
54.3

46.0
28.5
34.3
48.0
50.5

46.0
28.3
31.6
46.2
48.6

42.5
28.4
30.2
44.0
45.5

42.5
28.6
30.3
45.1
45.9

"41.4
25.7
27.7
43.7
42.3

42.6
28.2
45.9
36.7
43.1
40.1
31.4
36.4

52.8
*36.9
'59.7
45.5
54.6
50.1
41.5
44.6

49.4
35.4
54.9
40.5
53.2
44.9
37.3
41.3

48.5
34.0
51.9
37.7
51.7
42.6
35.7
38.0

45.9
29.3
47.8
34.5
47.9
39.4
32.1
34.2

44.7
31.4
47.7
39.2
46.0
41.2
33.6
35.3

47.9
32.2
49.3
44.4
49.2
44.9
36.0
37.0

48.0
32.5
51.2
45.6
49.8
46.4
38.7
39.3

46.7
30.1
48.9
42.0
47.5
44.2
36.4
38.2

49.3
29.1
48.4
40.4
47.5
42.6
35.2
35.0

46.9
28.5
44.7
38.3
44.1
40.1
31.9
32.5

48.5
29.6
45.7
40.8
45.3
40.7
32.8
34.0

44.4
27.2
>44.0
35.9
41.5
38.4
30.0
32.6

37.4
26.5
16.4
40.1
20.2

72.0
33.9
25.0
44.5
30.0

58.0
30.7
23.8
47.1
32.3

37.4
27.3
20.1
44.8
30.0

34.5
24.4
16.9
44.6
29.1

41.4
26.4
16.5
42.9
29.7

47.0
30.2
17.0
41.9
30.5

66.7
37.8
18.0
42.5
30.1

51.0
38.0
18.7
42.4
27.1

56.2
37.7
18.7
41.7
22.1

43.2
36.1
18.1
39.9
18.1

56.8
37.2
17.8
41.7
17.4

48.8
30.7
17.4
42.5
17.8

58.1
69.4
67.8

71.8
82.4
83.4

72.2
84.2
82.8

70.2
80.5
82.1

66.4
78.7
79.6

63.8
76.7
79.1

62.5
74.7
75.9

61.5
74.4
75.7

61.7
73.2
74.3

61.9
73.2
73.5

60.9
73.0
71.7

60.6
71.6
72.0

59.4
71.9
71.5

60.4
56.0

72.7

71.1
69.7

68.2
66.2

63.3
64.7

60.7
63.2

64.6
63.1

67.1
63.9

66.9
63.3

73.6
62.6

62.7
61.7

58.4
58.6

55.1
57.1

83.3
33.5
54.6
51.7
54.0

92.4
37.9
65.9
69.6
71.4

93.2
36.0
67.3
67.0
70.6

90.4
40.5
65.8
63.8

90.1
47.5
60.0
61.8
66.3

88.5
65.6
56.3
59.6
63.9

87.3
75.1
61.0
59.1
62.9

86.5
51.8
58.8
58.6
61.2

86.0
34.4
52.3
57.5
59.1

85.7
25.6
48.4
56.6
58.7

85.5
24.8
46.6
55.7
57.9

84.7
25.9
42.4
55.9
55.5

84.1
24.2
41.0
53.5
52.9

15.39

17.58

17.17

16.24

15.43

15.35

16.23

16.86

16.84

16.37

16.21

16.13

14.56

17.75
13.30
10.09
57.8

19.97
14.84
11.64
66.1

19.63
14.64
11.03
64.5

18.37
13.80
10.70
61.0

17.59
13.16
10.42
58.0

17.49
13.13
10.66
57.7

18.58
13.94
11.70
61.0

19.25
14.35
12.22
63.4

19.40
14.20
11.86
63.3

18.55
13.66
11.56
61.5

18.83
13.89
10.97
60.9

18.67
13.92
10.96
60.6

16.54
12.27
9.93
54.7

57.6
59.7
58.5

64.8
66.6
67.5

63.7
65.7
64.0

61.9
62.1

57.1
59.1
60.4

56.8
58.9
61.8

60.3
62.6
67.9

62.5
64.4
70.9

63.0
63.7
68.8

60.2
61.3
67.1

61.1
62.3
63.6

60.6
62.5
63.6

53.7
55.1
57.6

WAGES—EARNINGS AND RATES
Factory, weekly earnings (25 industries) :*
All wage earners
..dollars
Male:
Skilled and semiskilled.
dollars
Unskilled
dollars
Female
dollars—
All wage earners.
1923=100..
Male:
Skilled and semiskilled
1923 = 100..
Unskilled
1923=100..
Female
1923 = 100..
Factory, av. hourly earnings (25 industries):
All wage earners *
dollars..
Male:
Skilled and semiskilled *
.dollars..
Unskilled*
dollarsFemale *
dollars—

.460

.517

.510

.500

.489

.487

.479

.474

.468

.467

.468

.464

.460

.522
.373
.299

.574
.415
.335

.570
.409
.334

.558
.399
.328

.553
.392
.313

.546
.392
.322

.541
.387
.312

.538
.381
.311

.530
.377
.306

.527
.380
.305

.529
.391
.303

.527
.381
.298

.521
.375
.294

* New series. For earlier data see p. 20 of the October 1932 issue (weekly earnings and turnover rates) and p. 18 of the December 1932 issue (hourly earnings and Maryland and Massachusetts and Baltimore pay rolls. Other data are on pp. 19 and 20 of this issue.
° Revised.



30

SURVEY OF CURRENT BUSINESS

Monthly statistics through December 1931,
together with explanatory footnotes and references to the sources of the data, may be found
in the 1932 Annual Supplement to the Survey

1933
April

June 1933

1933
April

May-

June

1933

Decem- January FebruAugust SeptemOctober November
ber
ber
ary

July

March

EMPLOYMENT CONDITIONS AND WAGES—Continued
WAGES—EARNINGS AND BATES—
Continued
Factory, weekly earnings, by States:
Delaware
1923-25=100..
Illinois
1925-27=100..
Massachusetts*
....1925-27=100..
New Jersey.
1923-25=100..
New York....
_.. 1925-27= 100..
Pennsylvania
1923-25=100..
Wisconsin
_
1925-27=100..
Miscellaneous data:
Farm wages, without board
(quarterly)
._dolls, per month..
Railroads, wages.
dolls, per hour..
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-..percent base scale..

67.2
59.1
67.4
82.0
72.6
57.6
53.9

.33
.41
.20
.36
.43
.32
.49
.22
.34
.27

77.6
68.3
77.7
90.0
80.7
64.8
64.5

74.8
66.4
74.3
89.6
78.0
61.1
61.3

74.7
64.6
73.0
88.2
76.6
60.2
57.6

72.2
60.5
71.2
85.2
75.3
56.6
51.7

72.0
61.7
72.1
83.8
75.8
58.0
55.0

72.9
63.2
74.3
86.1
77.7
59.9
55.6

74.4
64.4
73.2
86.8
77.9
62.5
59.0

71.6
59.7
70.9
83.8
75.1
59.5
58.7

73.7
60.5
70.9
84.1
74.7
59.1
55.7

70.2
60.2
68.3
82.2
72.4
55.7
53.1

71.7
61.9
70.1
82.7
72.3
56.8
54.1

.607

.605

27.10
.601

.607

.599

26.36
.611

.608

.615

23.62
.614

.616

.631

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

.32
.36
.19
.36
.44
.34
.47
.20
.28
.25

.33
.36
.19
.35
.44
.34
.47
.20
.31
.25

.32
.35
.19
.34
.44
.34
.46
.18
.31
.26

.32
.36
.19
.34
.43
.33
.47
.18
.31
.26

.32
.36
.19
.34
.44
.34
.47
.19
.34
.26

.32
.37
.19
.35
.44
.34
.48
.19
.32
.27

.32
.37
.20
.34
.44
.34
.48
.20
.32
.26

.32
.37
.20
.35
.44
.33
.48
.21
.34
.27

.32
.38
.20
.36
.43
.35
.50
.22
.34
.27

.32
.39
.20
.35
.44
.33
.51
.21
.35
.28

68.3
57.4
66.2
78.9
71.6
55.7
52.1
22.98

.32
.40
.19
.36
.43
.34
.50
.21
.34
.27

.38

.45

.38

.38

.38

.38

.38

.38

.38

.38

.38

.38

94.0

104.5

104.5

94.0

94.0

94.0

94.0

94.0

94.0

94.0

94.0

94.0

94.0

705

681

683

699

720

710

707

704

671

12

3

2

3

4

4

2

307

280

59

49

43

39

32

40

41

30

45

563
197
366
70

574
198
376
55

573
156
414
64

605
199
406
52

655
268
386
28

604
224
380
62

626
256
370
38

325
201
124
42

261
153
108
85

100

108

110

113

110

81

85

84

72

117

117

102

98

95

92

88

87

FINANCE
BANKING
Acceptances and commercial paper outstanding:
747
Bankers' acceptances, total...mills, of dolls..
787
879
Held by Federal Reserve banks:
36
For own account
mills, of dolls..
164
16
For foreign correspondents
98
183
mills, of dolls..
292
43
Held b y group of accepting banks, total
518
404
455
510
mills, of dolls..
200
188
225
206
Own bills
mills, of dolls..
318
268
286
199
Purchased bills
mills, of dolls..
115
90
96
86
Held b y others
mills, of dolls..
Commercial paper outstanding
103
111
64
108
mills, of dolls..
Agricultural loans outstanding:
116
113
116
83
Credit banks, intermediate.—mills, of dolls..
1,146
1,143
1,105
Land banks, Federal
mills, of dolls..
1,139
490
470
507
390
Land banks, joint-stock
mills, of dolls..
25,411
Bank debits, total—
.mills, of dolls.. 22, 479 29,924
27,103
12,913
15,558
New York City
mills, of dolls.. 12,012
14. 202
12,498
14,366
Outside New York City
mills, of dolls.. 10,467
12,901
Brokers' loans:
Reported by New York Stock Exchange
244
322
300
379
mills, of dolls. .
1.86
1.20
1.87
1.56
Ratio to market v a l u e . .
.percent—
By reporting New York member banks
342
512
495
409
mills, of dolls. .
Federal Reserve banks:
Acceptance holdings. (See Acceptances.)
5,566
5,615
5,560
Assets, total
mills, of dolls— 6,606
Reserve bank credit outstanding
2,310
2,459
2,096
1,850
mills, of d o l l s 36
171
48
67
Bills bought
mills, of dolls..
440
490
435
556
Bills discounted
mills, of dolls..
1,549
1,837
1,228
1,784
United States securities..mills, of dolls-.
2,987
3,633
3,123
2,777
Reserves, total
mills, of dolls..
2,790
3,004
3,416
2,578
Gold reserves
mills, of dolls. .
5,566
6,606
5,560
5,615
Liabilities, total
..mills, of dolls..
2,240
2,380
2,225
2,028
Deposits, total
mills, of dolls..
2,113
2,132
2,124
1,982
Member bank reserves...mills, of dolls—
2,572
3,428
2,566
Notes in circulation
mills, of dolls—
2,795
62.1
62.6
67.1
Reserve ratio
.percent57.6
Federal Reserve member banks:
Deposits:
10,925
11,102
Net demand
mills, of dolls— > 11,127 11,144
5,664
5,685
Time
mills, of dolls— » 5,346
5,542
7,385
7,151
Investments
mills, of dolls.. b 8, 570
7,491
11,631
Loans, total.
_
mills, of dolls— 6 9,660 11,882
11, 263
5,099
4,907
On securities
mills, of dolls.. » 4,155
4,745
6,783
6,724
All other loans
mills, of dolls— * 5,472
6,518
Interest rates and yield on securities:
Acceptances, bankers' prime
percent._
Bond yields. (See Bonds.)
2.50
2.50
Call loans, renewal
._percent—
1.37
2.50
Com'l paper, prime (4-6 mos.)
percent—
2H-3
3.00
3.00
Discount rate, N.Y.F.R. Bank
p e r c e n t - '3.00
«2.50
5.63
5.58
5.63
Federal land bank loans
percent—
5.63
4.79
3.10
5.27
Intermediate credit bank loans
percent..
4.10
5.50
Real estate bonds, long term
percent—
5.50
Stock yields. (See Stocks.)
2-3
Time loans, 90 days
—percent..
1-ltt
Savings deposits:
5,282
5,262
New York State
-...mills, of dolls.. 5,164
5,243
# Beginning with March 1932, method of computing rates was changed.
« Revised.
*> Estimated for 101 cities on basis of report for 90 cities.




1,135

1,132

1,129

1,125

1,121

1,116

1,112

1,110

25,239
12, 728
12,511

25, 215
13,458
11, 756

25,931
14,163
11,767

25,298
12,944
12,354

20,750
9,815
10,935

26,787
13,967
12,820

24,466
12,413
12,053

22,437
12,036
10,401

86
1,107
395
• 22,062
• 12,454
•9,608
311
1.56

464

460

454

420

415

409

404

399

242

332

380

325

338

347

359

1.18

1.19

1.42

1.39

1.52

1.52

1.56

«360
1.83

332

345

425

362

353

394

454

418

5,764

5,815

5,848

5,905

5,986

6,115

6,033

6,464

6,610

2,439

2,331

2,233

2,227

2,202

2,145

2,077

2,794

43
538

34
433

33
332

34
328

35
309

33
235

31
274

336
582

1,841
2,836
2,635
5,764
2,158
2,052
2,859
56.5

1,852
2,980
2,773
5,815
2,241
2,146
2,814
58.9

1,854
3,091
2,893
5,848
2,312
2,225
2,750
61.1

1,851
3,195
3,003
5,905
2,446
2,383
2,709
62.0

1,851
3,242
3,049
5,986
2,484
2,411
2,692
62.6

1,855
3,331
3,151
6,115
2,561
2,509
2,739
62.9

1,763
3,457
3,256
6,033
2,554
2,446
2,725
65.5

1,866
3,126
2,952
6,464
2,236
2,141
3,417
55.3

2,572
305
426
1,838
3,455
3,250
6,610
2,133
1,949
3,696
59.3

10, 751
5,612
7,700
10,996
4,631
6,365

10,982
5,633
7,743
10, 796
4,512
6,284

11, 229
5,640
8,201
10,706
4,521
6,185

11,461
5,709
8,585
10,441
4,311
6,130

11, 745
5,668
8,589
10,413
4,288
6,125

11,758
5,656
8,507
10, 297
4,315
5,982

11,899
5,648
8,559
10,166
4,259
5,907

10,593
5,288
8,196
9,627
4,234
5,393

n

H-H

H-H

1J4-39*

2.08

2.00
2-2^
2.50
5.58
3.44

2.00
2-2H
2.50
5.58
3.39
5.25

1.00
] J^-1%
2.50
5.58
3.35
5.50

1.00
1H-1%
2.50
5.58
3.25
6.00

1.00
1J4-1H
2.50
5.58
3.17

1.00
1H~*1/^
2.50
5.58
3.10
5.50

3.32

H

H

H
2J4~2%

2.50
5.59
3.58

m-m m-m

H-1H

n-%
1.35
124-2J4
2.50
5.58
3.38
H-1H

«3.50
5.58
3.10

H-iU

5,282
5,314
5,317
5,253
5,271
5,243
5,265
5,269
• New series. For earlier data see p. 18 of the December 1932 issue.
• Rate changed June 23, 1932, Mar. 3 and Apr. 7, 1933.
• Figures incomplete due to bank holiday.

5,220

June 1933

SURVEY OF CURRENT BUSINESS

Monthly statistics through December 1931, to- 1 9 3 3
gether with explanatory footnotes and references to the sources of the data, may be found
in the 1932 Annual Supplement to the Survey April

31

1932
April

May

June

July

1933

Decem- January FebruOctober NovemAugust Septemary
ber
ber
ber

March

FINANCE—Continued
BANKING-Continued
Savings deposits—Continued
U.S. Postal Savings:
Balance to credit of depositors
thous. of dolls.
Balance on deposit in banks
thous. of dolls.
FAILURES
Bank suspensions:
Total..
number.
Deposit liabilities
thous,. of dolls.
Commercial failures:
Total
number,
Agents and brokers
number,
Manufacturers, total
number,
Chemicals, drugs, and paints number.
Foodstuffs and tobacco
number.
Leather and manufactures
number,
number.
Lumber
Metals and machinery
number,
Printing and engraving..
number,
number.
Stone, clay, and glass
Textiles
number .
Miscellaneous
.. number,
Traders, total
number,
Books and paper
number.
Chemicals, drugs, and paints. .number,
Clothing
number .
number.
Food and tobacco
General stores
number,
Household furnishings
number,
Miscellaneous
number .
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, drugs, and paints
thous. of dolls
Clothing
thous. of dolls.,
Foods and tobacco.
.thous. of dolls
General stores
thous. of dolls.,
Household furnishings._.thous. of dolls..
Miscellaneous
thous. of dolls

1,157,652 722,846
972,457

1,921
147
422

1,352

51,098
6,407
18, 737

25,954

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
mills, of dolls.
Other
mills, of dolls.
Policy loans and premium notes
mills, of dolls.
Insurance written:
Policies and certificates t
thousandsGroup
thousands.
Industrial
thousands.
Ordinary
thousandsValue, totalf
thous. of dolls.
Group
thous. of dolls.
Industrial
thous. of dolls.
Ordinary t
thous. of dolls.
Premium collections #
thous. of dolls.
Annuities
thous. of dolls.
Group..
thous. of dolls.
Industrial
thous. of dolls.
Ordinary..
thous. of dolls.

742, 645

784,821

828, 549 847, 421 858, 720 870,823

884,297

900, 796 '942, 519 1,005,573 1, 111, 575

763, 262 771,219

783,921

779,971

792, 725 '797,169

846,313

635,921

646, 699

681,727

740,373

74
31,613

82
34, 370

151
132, 661

132
48, 743

85
29, 513

67
13, 508

102
20,092

93
43, 319

241
161
70, 914 135, 020

148
72,870

2,816
169
641
23
65
21
77
69
31
18
92
245
2,006
24
123
448
475
110
426
400
101,069
16,194
43,138

2,788
129
672
14
51
25
83
64
44
15
145
231
1,987
27
114
434
511
134
386
381
83, 764
18,100
30,078

2,688
164
614
11
54
22
84
70

2,596
184
622
16
58
17

2,796
177
649
19
55
28
74
68
42
17
117
229
1,970
29
133
404
573
107
340
384
77,031
12, 666
27,462

2,182
141
513
15
55
20
55
58
27
19
75
189
1,528
24
131
317
387
76
f.266
F"327
56,128
7,345
22, 310

2,273
150
542
14
52
19
70
56
31
29
74
197
1,581
22
121
278
479
98
256
5 327
52,870
7, 857
18,897

2,073
132
480
16
48
15
60
44
27
27
67
177
1,461
20
108
233
428
93
250
329
53, 621
6,808
23,918

2,469
169
614
14
67
17
78
63
33
18
92
232
1,686
17
151
334
461
123
250
350
61,189
9,721
24,577

2,919
172
565
17
60
18
62
68
40
22
75
F203
2,182
29
160
507
495
169
412
410
79,101
11,433
30, 747

2,378
157
500
15
43
17
55
59
27
22
43
r 219
1,721
9
121
361
450
107
355
318
65, 576
9,157
24, 363

294
48,500
7, 713
17, 583

679
935

477
646

1,188
5,757
6,307
1,265
945
4,031
22,030
41, 736
922

1,337
9,958
4,549
1,546

1,623
7,921
9,542
1,629
10,019
10,080

113
201
1,910
15
154
363
505
104
399
370
76,931
14,462
25,637

19
100
226
1,790
31
120
386
440
119
323
371
87,190
15,042
37, 229

1,948
150
462
9
47
18
45
51
27
22
64
179
1,336
11
86
230
351

2,977

354
.1,444

474
930

409
613

770
456

484
1,061

287
797

5,599
1,170

739
1,233

252
4,096
7,217
35,585
445

315
483
491
5,494
2,703
1,059
700
4,641
9,751
36, 835
228

755
5,930
8,115
1,270
688
5,775
11,331
34, 920
558

2,222
3,701
5,068
699
1,230
4,614
8,130
36,905
433

529
6,660
4,302
1,248
444
1,342
6,381
26, 471
314

945
3,752
2,820
1,126
1,376
1,680
6,176
26,117
265

242
4,277
2,161
626
2,274
1,906
11, 206
23, 095
347

569
3,814
2,527
1,354
1,454
3,142
10,172
29,890
272

2,310
4,255
3,326
923
1,007
4,385
13, 457
36, 921
334

345
3,342
2,464
374
1,482
1,120
8,467
32, 056
72

322
2,539
2,766
461
671
1,463
7,389
23, 204
90

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

1,756
5,869
7,892
1,649
10,348
9,093

1,373
6,490
8,287
1,853
6,843
9,516

1,740
6, 590
9,329
1,712
7,134
9,967

1,286
5,205
4,639
819
6,089
8,119

1,851
3,360
5,783
956
5,678
8,224

1,409
2,843
4,217
840
5,397
8,042

1,514
4,312
9,101
2,058
4,692
7,941

1,806
6,224
5,805
3,600
9,249

1,376
5,051
7,987
3,040
7,324
7,206

1,277
3,576
4,619
1,608
6,378
5,656

16, 830
6,168
1,415
4,753

16,917
6,136
1,402
4,734

16, 966
6,110
1,394
4,716

16, 984
6,077
1,382
4,695

16,981
6,033
1,368
4,665

6,224
1,378
1,674
2,649
523

»1 6, 231
1,400
1,670
2,639
522

6,238
1,406
1,671
2,638
523

6,259
1,427
1,672
2,637
523

6,266
1,447
1,670
2,631
518

2,967

' 16, 592 • 16,600 16,639 * 16,675 1a 16,733
6,228
• 6, 332 • 6, 306 1» 6, 281 » 6, 256
«a 1,468 a 1,458 1 1,450 ° 1,443 ° 1,434
4,864 « 4,848
4,831 ° 4, 813 ° 4, 794
a
6,179 a 6,190
6,159 1 6,162 •
6,157 « 6,161
1,353
1,327 a 1,344
1,313
1,318
1,302
1,669
1,669
1,673
1,670
1,670
1,674
2,655 a 2,653
2,665
2,660
2,671
2,657
•
511
• 510
« 510
•
508
« 515
• 511

16, 541
6,353
1,478
4,875

« 2,818

2,862

1,144
996
1,089
36
14
23
860
747
833
248
235
233
628, 778 822, 367 759,353
21, 711
64,884 a 49,113
183, 462 236,898 222,956
423, 605 520, 586 487, 284
227,102 '250, 509 '244,936
1
12,354
13,906
13,402
7,205
6,878
8,178
57, 954
48, 519
57,693
157, 799 171,236 167, 423

1,101
26
830
• 245
768, 233
50, 606
213, 298
504, 329
241,955
' 10,992
7,683
55,020
168, 260

2,777

933,848

1

2,878

1

16, 790
• 6,197
• 1,424
• 4, 773
° 6, 206
1,366
1,671
a
2,649
« 520

2,941

2,948

1,059
29
781
« 248
670, 039
38,868
198, 053
433,118
236, 284
17, 037
7,285
53, 379 58,052
139, 493 153,910

1,028
23
747
258
671,242
36, 262
184,882
450, 098
223, 842
12, 282
7,063
51,048
153,449

990
43
648
299
741,920
67,810
154,864
519, 246
335, 642
28, 752
8,644
116,838
181,408

479
200
49
51
179

499
221
47
53
179

• 2,910 ° 2,925 ° 2,936

1,026
1,091
17
18
774
845
236
228
691, 364 668, 779
36, 984 28, 979
206, 641 196, 340
447, 739 443, 460
'237,885 234,163
'• 15,968• 11,961
7,980
7,506
57,066 58, 635
157, 345 155, 587

1
1

951
41
681
229
639,937
61, 018
174,156
404, 763
'209, 891
• 10, 221

2,997

2,975

934
923
14
9
681
686
239
227
614, 431 609, 725
22, 546 16,842
168, 312 168,400
423, 573 424, 483
242, 251 '229, 590
17, 612 17, 283
• 9, 235 7,571
59, 243 51,997
156,161 152, 739

1,047
12
776
« 259
640,414
17,345
187, 761
435, 308
229,160
14, 545
8,718
50, 448
155,449

474
211
46
51
166

462
209
45
48
160
132

(Life Insurance Sales Kesearch Bureau)
Insurance written ordinary total.mills, of dolls—
Eastern district
mills, of dolls..
F a r Western district
mills, of dolls. _
Southern district
mills, of dolls..
Western district..
mills, of dolls..
Lapse rates
..1925-26=100..

464
206
47
53
158

557
245
54
59
199

531
230
52
59
190

536
232
53
56
195
137

486
211
47
51
177

213
47
51
177

187
42
48
161
157

233
51
58
196
146

a
Revised.
t For revisedfiguresfor year 1932, see p. 31 of the May 1933 issue. Revised data for earlier years will be presented in a forthcoming issue.
# Series has been revised. See p. 18.




481
217
44

32

SUEVEY OF CURRENT BUSINESS

Monthly statistics through December 1931,
together with explanatory footnotes and references to the sources of the data, may be found
in the 1932 Annual Supplement to the Survey

June 1933

1933

1932

April

Decem- January FebruOctober NovemAugust September
ber
ber
ary

April

May

June

July

1933

March

FINANCE—Continued
MONETARY STATISTICS
Foreign exchange rates:
Argentina
dolls, per gold peso..
Belgium
dolls, per belga.Brazil
dolls, per milreis..
Canada
dolls, per Canadian dolL.
Chile
dolls, per peso..
England
dolls, per £_.
France
.
dolls, per franc.
Germany
.dolls, per reichsmark_.
India
dolls, per rupee..
Italy
dolls, per lira..
japan
dolls, per yen..
Netherlands
dolls, per florin..
Spain...
dolls, per peseta..
Sweden
dolls, per krona..
Uruguay
dolls, per peso..
Gold and money:
Gold:
Monetary stocks, U.S
mills, of dolls..
Movement, foreign:
Net release from earmark.thous. of dolls..
Exports
thous. of dolls..
Imports
thous. of dolls..
Net gold imports, including gold released
from earmark#*
thous. of dolls.Production, Rand
fine ounces..
Receipts at mint, domestic fine ounces..
Money in circulation, total...mills, of dolls..
Silver:
Exports
thous. of dolls..
Imports
thous. of dolls..
Price at New York
dolls, perfineoz_.
Production, estimated, world (85 percent of
total)
thous. offineoz._
Canada
thous. offineoz_.
Mexico
thous. offineoz_.
United States
thous. offineoz..
Stocks, end of month:
United States...
__.thous. offineoz_.
Canada
thous. offineoz_.
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 and railroad equipment
.mills, of dolls..
Miscellaneous
mills, of dolls..
Public utilities
mills, of dolls..
Railroads, class I
mills, of dolls..
Telephones
mills, of dolls..
PUBLIC FINANCE (FEDERAL)
Debt, gross, end of month
mills, of dolls..
Expenditures, chargeable to ordinary
receipts
thous. of dolls..
Receipts, ordinary, total
thous. of dolls..
Customs
thous. of dolls..
Internal revenue, total
thous. of dolls..
Income tax
thous. of dolls..
CAPITAL ISSUES
Total, all issues (Commercial and Financial
Chronicle)
thous. of dolls..
Domestic, total
thous. of dolls..
Foreign, total
thous. of dolls..
Corporate, total
thous. of dolls..
Industrialthous. 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.
Ofnce 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, t o t a l . . .
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..

0.586
.139
.076
.876
.060
3.48
.039
.238
.262
.051
.245
.402
.081
.179
.474

0.605
.145
.076
.847
.060
3.58
.041
.244
.269
.054
.221
.420
.089
.183
.478

0.582
.140
.065
.899
.107
3.75
.039
.237
.280
.052
.328
.405
.077
.191
.473

0.583
.140
.071
.884
.060
3.68
.040
.238
.273
.052
.320
.406
.081
.187
.475

0.585
.139
.075
.867
.060
3.65
.039
.237
.272
.051
.303
.404
.083
.187
.472

4,301

4,381

4,273

3,955

3,942

4,030

3,979 -22,150 -28,797
49, 509 212, 229 226,117
20, 070
19,271
16, 715

56, 237
23, 474
20, 037

100, 501
18,067
24,170

33,701
16, 741
6,769

0.586
.139
.076
.871
.060
3.55
.039
.237
.267
.051
.275
.403
.081
.182
.476

23, 729 - 2 6 , 269 -217, 664 -234,844 52,800
895, 000 949, 796 965, 644 959, 011 180,160
120, 461
85, 906 100, 763 104, 770 123,416
5,752
5,530
6,137
5,452
5,456

0.586
.139
.076
.903
.060
3.47
.039
.238
.262
.051
.236
.402
.081
.178
.474

0.586
.139
.076
.912
.060
3.40
.039
.238
.257
.051
.231
.402
.082
.175
.474

4,140

4,226

72, 289
60
27, 957

45, 774
61
20, 674

106, 614 100,186
991, 000 961, 501
143, 088 145,828
5,720
5,685

0.586
.139
.076
.873
.060
3.28
.039
.238
.248
.051
.206
.402
.082
.174
.473

0.586
.139
.076
.866
.060
3.28
.039
.238
.248
.051
.207
.402
.082
.179
.473

0.586
.139
.076
.875
.060
3.36
.039
.238
.254
.051
.207
.402
.082
.183
.473

0.586
.140
.076
.835
.060
3.42
.039
.238
.258
.051
.208
.403
.082
.183
.473

0.583
.140
.076
.835
.060
3.43
.039
.239
.258
.051
.213
.404
.084
.182
.474

4,292

4,429

4,547

4,491

4,260

48, 566 ft 71, 023 * 91,494 :178,285 -100,092
14
21, 521
13
16
28,123
21, 756 100,872 128, 465 « 30, 397 ° 14, 948

66, 387 70, 306 471,872 » 36,957 '-169,409 -113,287
974,965 978,000 980, 000 967, 000 883,000
946, 000
89,016
171, 220 163,545 141, 598 115,188
187, 694
5,631
5,892
5,643
5,699
5,643
6,998

1,617
1,890
.283

1,865
1,547
.278

1,268
1,401
.275

828
1,288
.267

433
1,554
.280

868
2,052
.279

1,316
1,305
.272

875
1,494
.267

1,260
1,203
.250

1,551
1,763
.254

194
857
.261

11,311
1,227
6,483
1,884

9,614
933
4,714
2,307

11,927
1, 954
6,611
1,824

10, 924
1,491
5,907
2,170

11, 360
1,500
6,594
1,778

11,334
1,853
6,067
1, 918

10, 493
1,092
5,902
2,052

1,005
4,221
1,627

11,674
1,007
7,159
1,960

9,658
1,019
5,547
1,603

• 1, 309

l~907

10, 801
1,338
5,730
2,104

8,261
1,831

6,718
1,681

6,446
1,983

5, 821
1,626

4,622
1,645

4,923
1,642

5,012
1,916

6,035
1,701

5,801
1,785

5,931
1,651

5,444
1,559

5,432
1,640

* 7,060
1,859

20, 802

20, 935

21, 362

762, 406 247, 785 213, 091
351,695 134,044 121, 312
19, 929 18, 352 16,442
210,995 86, 805 90,715
141, 033 17,889 27, 713

282, 368
283, 286
17, 444
242,464
176, 259

171
1,520
.307
1,015

170.0

183.3

209.5

dO. 3
dl.4
24.0
d 1.9
dl.2
10.6

d21.1
d20.4
18.1
d2.5
dl.4
7.5

d37.9
d30.9
18.9
d6.1
d3.9

d32. 1
1.7
66.0
45.2
59.1

d32.8
10.4
63.0

d30.1
14.4
62.0
130.8
54.6

20, 611

20,813

20,806

21, 441

18, 597

19, 037

19, 487

352, 464
130, 552
17,400
89,062
19, 500

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

447, 619
91, 635
18,004
60,103
22, 324

443,210
244,089
17,373
206,994
160, 502

347, 889 257, 084
100,652 111,133
18,876 24,116
61,686 79,940
17,457 15,083

265, 725 373, 209 246,159
259,958 148, 004 124, 507
25,935 24, 744 34,051
216,481 89,850 85, 484
142, 203 13, 063 14, 328

45, 388
43,788
1,600
35, 541
2,660
0
0
0
0
0
28,104
4,778
0
0
9,847

142, 655
142,655
0
48,194
0
0
490
490
0
0
46, 206
0
1,498
25,000
69, 462

123, 645
123,645
0
22, 231
0
0
0
0
0
0
22, 031
0
200
15,000
86,414

147, 683
147,683
0
29, 340
0
0
125
80
0
0
19,888
9,327
0
30,000
88,343

155, 557 169,482
155, 557 167,482
0
2,000
111,871 133, 395
1,000
600
0
0
0
0
0
0
0
0
0
0
110,529 99,999
0 26, 450
342
6,346
16, 000
0
27, 687 34, 088

138,607 124,062
78, 607 120,047
4,015
60, 000
10,882 67,489
6,966
0
0
0
0
700
0
700
0
0
0
0
9,732 60, 523
0
0
450
0
4,000
9,100
63, 725 43, 458

24,928
24,928
17,335
0
7,593
0
20, 460
18, 207

70, 429
70, 429
15, 070
25,000
30,359
0
72, 226
33,124

91,993
91,993
7,231
0
84,762
0
31, 652
15, 000

83, 420
83, 420
4,110
0
79,311
0
64, 262
25, 231

105, 336 61, 645
105, 336 59,645
62, 842 26, 281
16,000
0
26, 494 33,364
0
2,000
50, 221 107,838
49, 029 107,114

89,971 100, 020
69,971 96,005
6,550 48,474
9,100
4,000
59,421 38,431
4,015
20,000
48, 636 24, 042
4,332 19,015

44, 453
34, 607
935

142, 656
48,194
0

123, 645
22, 231
0

147, 683 154, 557 164, 683
29, 340 110, 871 131, 595
1,800
0 1,000

138,257 120,770
10, 532 64,198
3,291
350

20, 067

~2~ 574

dO. 2

51.8
19, 612

269

20,806

76,400 157,920 109,963
76,400 157,920 109,963
0
0
0
41, 591 28,844 64,517
7,592
763
8,766
0
1,200
0
0
220
600
0
220
200
0
0
0
0
0
0
37, 608
3,124 44,925
1,800 15, 000 12,000
1,355
0
0
5,000 13,000
9,500
116, 076 35,946

56,513
56, 513
0
37,555
0
0
900
900
0
0
414
36, 241
0
1,400
17, 558

19,094
19.094
0
5,418
3,270
0
0
0
0
0
2,148
0
0
0
13, 677

44, 801 122,713
44,801 122,713
10, 633 10,399
5,000 13,000
29,168 99, 315
0
0
31,599 35, 207
30,958 18,446

64, 610
64, 610
22,157
9,500
32,953
0
45,353
42,360

19,636
19, 636
1,314
1,400
16,922
0
36,877
36, 241

16, 265
16, 265
3,170
0
13.095
0
2,829
2,248

74,487 153, 209 106,713
39, 678 24,133 61, 267
1,913
4,711
3,250

56,513
37, 555
0

13,677
5,418
5,418

85, 588 30, 362 47, 568 82, 737 67,178 47,726 165,167 « 85,930 * 64,951
43, 683
124,685 46, 032 74, 368 81, 688 28, 928 40, 589 145, 590 105,173 • 77,389
89,003
« Revised.
# Or exports (—).
d=deficit.
*New series superseding old series which covered the physical movement only. For earlier data see p. 20 of December 1932 issue.
* Allowance has been made for gold earmarked at Bank of England for the account of the Federal Reserve Bank of New York.
* Differs from Federal Reserve Board figure, since $8,900,000 declared for export on Feb. 28 was not actually taken from Federal Reserve Bank of New York until Mar. 1.




66, 671
118, 077

85, 396
45, 386

33

SURVEY OF CURRENT BUSINESS

June 1933
Monthly statistics through December 1931, together with explanatory footnotes and references to the sources of the data, may be found
in the 1932 Annual Supplement to the Survey

1933
April

1932
April

May

June

July

1933

Decem- January FebruOctober NovemAugust September
ber
ber
ary-

March

FINANCE—Continued
SECURITY MARKETS
B o n d s
Prices:
All listed bonds, avg. price

(N.Y.S.E.)
dollars._
dollars..
dollars. _

Domestic issues
Foreign issues
Domestic {Dow-Jones) (40)
percent of par 4% bond..
Industrials (10)—percent of par 4% bond..
Public utilities (10)
percent of par 4% bond..
Rails, high grade (10)
percent of par 4% bond..
Rails, second grade (10)
percent of par 4% bond__
Domestic ^(Standard Statistics) (60) .dollars._
U.S.Government (Standard Statistics) *
dollars..
Foreign (N.Y.Trust) (40)
percent of p a r . .
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 f (Standard Statistics) (60) .percentIndustrials (15)
.percentMunicipals (15) t
percent..
Publie utilities (15)
percent..
Railroads (15)
percent..
Domestic, municipals (Bond Buyer) (20)
percent..
Domestic, U.S. Government:
Treasury bonds (3 long term)
percent..
Treasury notes and certificates (3-6 months)
percent..
Cash Dividend and Interest Payments
and Rates
Total (JoiLrnal 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. ol dolls. .
Industrial and miscellaneous.thous. of dolls..
Railroad
thous. of dolls..
Dividend payments and rates {Moody1 s):
Dividend payments, annual payments at
current rate (600 companies).mills, of dolls.
Number of shares, adjusted
millions..
Dividend rate per share, weighted average
(600)
dollars..
Banks (21)
dollars..
Industrials (492)
dollars.
Insurance (21)
dollars.
Public utilities (30)
dollars.
Railroads (36)
..dollars.
Prices:
Stocks
Dow-Jones:
Industrials (30)
dolls, per share..
Public utilities (20)
dolls, per share..
Railroads (20)
dolls, per share..
New York Times (50)
dolls, per share..
Industrials (25)
..dolls, per share._
Railroads (25)
dolls, per share._
Standard Statistics (421)..
._ .1926=100..
Industrials (351)
1926=100..
Public utilities (37)
1926 = 100..
Railroads (33)
1926 = 100..
Standard Statistics:
Banks, N.Y. (20)
.1926=100..
Fire insurance (20)
1926=100
Sales, N.Y.S.E
thous. of shares.
Value, and shares listed, N.Y.S.E.:
Market value all listed shares.mills. of dolls._
Number of shares listed.
millions...
Yields:
Common, Standard Statistics (90)..percent..
Industrials (50)
percent..
Public utilities (20)
percent..
Railroads (20)
percentPreferred, Standard Statistics:
Industrials, high grade (20)
percentStockholders (Common Stock)
American Tel. & Tel. Co., total
number.
Foreign
numberPennsylvania Railroad Co., total
number.
Foreign
number.
U.S. Steel Corporation, total...
number.
Foreign
number.
Shares held by brokers
percent of total_
1

Revised.




I
!

76.57
80.07
62.86

74.49
79.31
65.99

70.62
73.57
65.40

71.71
75.66
64.78

74.27
79.25
65.52

77.27
83.70
65.89

77.50
83.93
66.10

76.37 I
82. 04
66. 30

73.91
81. 36
60. 72

77.27
81.65
60.22

78.83
83.32
61.34

74.89
79.09
58.45

74.51
78.58
58.59

41.35
42.32

49.42
43.42

43.08
38.14

41.39
35.99

42.98
36.76

53.35
48.08

55.01
52.21

49.86
49.56

47.51
46.98

44. 05
44.81

46.94
47.66

45.22
44.35

42.01

63.88

60.49

64.73

69.96

70.10

70.95

69.79

73.66

71.53

68.78

70.97

79. 32

82.07

80.76 I

78.19 77.88

82.49

81.92

26.47
72.8

27.52
75.1

36.67
84.3

36.88
87.0

29.79
85.2

24.20
82.2

25.95
84.1

25.17
82.5

101.95 102. 47 102. 52 102. 57 103.19
58.00
63.47
53.17
57.51
55.82
269,585 252, 354 258, 441 257,180 240, 720 333,076 250, 265 178, 562 158,905 241,850
61, 000 68,916 86,816 67,049 46,432 25, 769 24, 351 20, 250 15, 782 37,424

103. 75
59.83

103.36
54.19

23.92
76.7
101.09
53.55

260,021
38,362

230, 082
45,387

193,181
55,176

64.62
73.62

73.23

22.71
75.4
102. 00
55.52

34.33
80.2
100. 16
46.37

27.30
76.0
100.09
41.71

99.99
44.47

27.98
83.1

101. 33
51.72

39.88
64.99
77.23

51, 863
33,140
18, 724
40,073
27, 736
12, 336

51, 780
33,114
18,667
40.J.32
27, 793
12,339

51, 744
33,102
18, 642
39, 518
27,158
12,360

51, 543
32, 942
18, 600
38,095
26, 801
11, 294

41, 305
32, 866
8,438
31,918
26,836
5,082

41,173
32, 770
8,403
32,457
27, 302
5,154

41,107
32, 738
8,369
30, 785
25, 893
4,892

41,006
32, 666
8,340
30, 554
25, 668
4,887

6.42
8.67 j
4.78 '
5.65
6.60

5.57
6.93
4.50
5.22
5.65

5.35
6.61
4.39
5.06
5.36

5.50
6.91
4.37
5.11
5.63

5.68
7.32
4.38
5.14
5.86

5.75
7.38
4.37
5.06
6.19

5.59
7.29
4.23
4.91
5.93

5.73
7.60
4.28
5.11
5.93

6.25
8.14
4.88
5.54
6.45

4.82

4.55

4.57

4.59

4.65

4.61

4.48

4.92

5.24

3.65

3.57

3.54

3.55

3.48

3.39

3.47

3.58

.22

.14

.03

.04

.07

.01

1.34

561, 279 '660, 500 493,800 655,011 814, 400 392, 490 437, 440 621, 654 438, 032 546, 439
136, 850 '233, 000 224,800 244, 700 255, 400 143, 900 125, 000 167, 300 130, 500 120, 200

863, 492
270, 600

387, 200
145, 400

430, 351
140, 000

100, 300 •161, 500 169,000 180,000 185, 500 105, 900 103, 000 140, 900 104, 000 102,800
9,900 12, 000
9,000
7,300 10, 400
7,500
5,900
11, 500 « 28, 000 21, 700
3, 500
3,200
4.000
2,500
2,000
4,900
6,100 • 5,300
2,600 « 4,900
424, 429 427, 500 269,000 440, 311 557, 000 248, 590 312, 440 454;354 307, 532 426, 239

225,000
10, 500
4,100
592,892

118, 500
8,000
4,900
241,800

117,500
11, 300
3,300
290,351

130, 607 161, 770 271,120 216,662 122,561 24fi,113 156, 599 133, 344 264,189 205,769
124, 823 154,515 257, 574 187, 801 113,820 226, S92 154, 009 126,878 243,592 190, 508
6,466 20, 597 15,261
2,590
8,741 19, 220
5,784
7,255 13, 546 28, 861

164,840
140, 343
24,497

222, 244
206,328
15,916

162,468
158, 000
4,468

1, 006.2 1, 476. 6 1, 367.1 1, 245.9 1. 216. 5 1,163. 6 1,148. 9 1,146. 7 1,126. 8 1,119.7
923. 32 924. 54 924. 68 927. 05 927.11 928. 42 928. 67 928.12 925. 58 925. 25
1.24
1.24
1.34
1.22
1.25
1.21
1.31
1.60
1.48
1.09
4.79
4.78
4.79
4.78
4.78
4.79
4.78
5.43
4.32
5.43
1.01
.99
.94
.92
.93
.90
.89
1.22
1.09
.77
2.31
1.95 ' 1.87 1.89
1.89
1.89
1.89
1.66
2.77
2.77
2.42
2.35
2.30
2.31
2.35
2.30
2.34
2.19
2.69
2.68
1.12
1.12
.81
.81
.81
.81
.81
1.68
.86
1.37

1,112.9
924. 21

1,070.3
924. 39

1, 024.9
922. 56

1.20
4.78
.88
1.89
2.31

1.16
4.78
.82
1.78
2.31

1.11
4.36
.78
1.76
2.25

40, 948
32, 624
8,324
31,354
26,121
5,233

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

52,193
33,307
18,886
36,857
24, 504
12, 352

52, 086
33,219
18, 868
37, 353
25,132
12, 222

6.38
8.27
5.05
5.63
6.56

5.93
7.33
4.73
5.50
6.16

6.34
8.35
4.77
5.65
6.57

6.64
9.17
4.81
5.77
6.83
5.09

4.77

4.94

3.55

3.74

3.77

.45

1.11

.31

.34

51,991
33,152
18,839
38, 615
26, 272
12, 343

65.0
21.6
27.4
60.09
97.20
22.97
47.5
48.8
63.5
26.3

62.7
25.3
23.6
52. 85
87. 88
17.81
43.9
41.7
73.3
22.2

53.3
22.4
18.3
46.06
77.96
14.16
39.8
38.1
67.8
17.4

46.9
18.0
15.7
40.02
67.65
12.39
34.0
33.5
55.0
14.1

46.2
18.6
16.1
40.18
66.87
13.50
35.9
35.8
55.4
15.6

67.5
29.1
29.4
61.70
98.07
25. 33
53.3
51.5
84.2
29.2

72.6
35.3
32.3
65. 35
101. 58
22.13
58.2
55.8
91.4
34.5

63.5
28.2
28.3
56.17
90.07
22.29
49.9
47.7
80.6
27.5

62.1
27.6
27.4
57.63
92.71
22.56
47.5
45.4
77.6
25.5

59.1
27.1
26.2
55. 05
89.54
20. 58
47.4
44.8
79.6
25.7

62.7
28.0
28.1
58. 65
94.81
22.50
49.1
46.2
81.8
27.6

56.1
23.9
26.9
52.99
84.55
21.43
44.9
42.5
73.1
26.7

57.6
21.8
27.4
53.17
85. 07
21.27
43.2
41.6
67.0
25.6

47.2
37.8
52,901

54.3
39.5
31,403

46.6
28.3
23,151

39.4
25.4
22,998

43.2
26.9
23, 056

64.8
43.4
82, 649

73.5
47.3
67,424

66.3
43.1
29,188

63.3
41.7
23, 038

65.8
41.4
23, 208

67.9
44.0
18, 720

42.5
19,320

49.2
38.1
20, 089

26,815
1,294

20, 319
1,325

16,141
1,320

15, 633
1,315

20,495
1,315

27, 783
1,312

26, 735
1,311

23,441
1,312

22, 259
1,312

22, 768
1,312

23, 073
1,303

19, 701
1,296

19,915
1, 293

5.58
5.24
6.83
5.12

9.13
9.52
7.34
12.74

9.57
10.02
8.08
11.86

8.85
8.80
8.75
9.91

5.65
5.75
5.74
4.47

4.91
5.22
5.03
2.51

5.73
6.08
5.64
3.11

5.84
6.12
5.87
3.33

5.68
6.00
5.61
3.28

5.42
5.78
5.28
3.05

6.10
6.36
6.10
4.13

6.30
6.25
6.82
5.22

7.32

7.43

7.75

8.22

7.11

7.02

7.19

7.34

7.17

7.32

7.52

10.30
10.15
10.21
12. 45 !
8.38
703, 080
7,147
250,822
3,305
190, 986
3,081
16.03

t Revised series. For earlier data see p. 19 of the April 1933 issue.

705, 501
7,348
251, 041
3,327
189,981
3,140
14.27

701,037
7,507
250, 506
3,323
190, 853
3,155
15.21

" New series. See p. 20 for earlier data.

700, 212
7,554
248, 688
3,310
193,140
3,192
16.07

34

SURVEY OF CURRENT BUSINESS

Monthly statistics through December 1931,
together with explanatory footnotes and references to the sources of the data, may be found
in the 1932 Annual Supplement to the Survey

1933
April

June 1933

1932
April

May

June

July

1933

Decem- January FebruOctober NovemAugust September
ber
ber
ary-

March

FOREIGN TRADE
INDEXES
Value:
Exports, unadjusted
1923-25=100.
Exports, adjusted for seasonal.. 1923-25=100.
Imports, unadjusted
1923-25=100.
Imports, adjusted for seasonal. ,1923-25= 100.
Quantity, exports:
Total agricultural products
1910-14=100.
Total, excluding cotton
1910-14= 100.

28
29
27
25

36
37
39
36

35
37
35
34

30
34
34
36

28
32
25
27

29
31
28
29

35
33
31
32

40
33
33
32

37
32
32
32

35
33
30
30

32
31
30
29

27
29
26
26

28
28
29
26

59
51

80
81

74
75

61
71

63
59

64
60

90
66

126
98

120
85

116
67

97
73

71
58

67
59

105,063

135,095

131,899

114,148

106,830

108, 599

132,037

153,090

138,834

131, 614

120, 630

101,530

108,032

3,431
17,823
6,406
52,223
8,164
8,977
3,101
18,235
13, 418
13,159
10,384
2,852
7,784
2,535
2,320
297

2,958
24,072
7,878
63,024
8,854
10,283
4,275
21, 263
24.858
24,459
11,650
2,819
8,533
2,842
2,511
338

3,647
23, 730
7,883
62, 226
8,521
9,127
3,405
23,121
24,343
23,968
10, 301
2,493
7,652
2,710
1,885
207

2,412
20,939
6,635
52, 306
8,838
7,499
2,560
18,394
20,866
20,451
9,818
2,758
7,808
2,334
2,641
197

3,205
21,191
5,707
46,015
5,705
6,943
2,617
16, 775
19, 330
18, 953
9,536
2,660
7,553
2,769
1,787
280

2,509
18,810
4,927
52,909
9,219
8,663
3,506
18, 638
19, 230
18,846
8,364
2, 521
6,778
2,253
1,825
260

2,809
22,180
7,803
72,628
10,252
15,791
4,774
25, 725
19,196
18, 731
8,224
2,340
7,000
2,550
1,984
220

3,374
25,967
10, 716
84,816
10,184
15, 671
5,835
32,920
20, 777
20,504
9,695
2,905
8,462
3,035
2,265
245

2,609
27, 717
13,121
70,163
11,158
12, 534
4,412
24, 753
18, 824
18, 326
10,125
3,208
9,396
2,635
3,578
234

2,864
30,177
15, 606
64,421
10, 241
10,421
5,566
21,491
13, 645
13,437
10,412
2,907
10, 095
2,711
3,397
348

3,055
25,272
11,185
62,218
8,924
11, 739
4,443
21,309
12, 664
12,432
9,296
2,682
8,125
2,712
2,605
294

2,335
20,171
7,299
51,099
7,653
8,563
4,058
18,730
11,703
11, 501
8,091
2,173
8,131
2,785
2,682
291

2, 632
22, 684
9,614
50,321
7,955
7,035
3,986
17, 645
14,200
13,841
10,621
2,967
7,573
1,873
1,912
375

103,106
28, 621
16.9
11,310
2,510
8,800
2.9
4.0
1.1
15, 292
47, 884
7.4
6.0
8.8
88,412

132, 268
34,023
20.7
21,002
9,788
11,214
4.0
4.2
7.6
18,664
58, 579
7.9
8.3
12.2
126, 522

128, 553
29,849
17.7
19, 978
8,617
11, 361
4.5
4.5
5.5
18, 247
60,479
7.9
9.9
11.3
112,276

109,478
24, 208
13.4
18,042
6,896
11,146
3.7
4.4
5.1
14, 692
52, 536
6.3
7.7
10.3
110, 280

104, 276
27, 587
15.9
15, 616
5, 507
10,109
4.3
4.4
2.9
14,119
46, 955
6.2
5.3
9.6
79, 421

106, 270
29, 742
18.1
17,317
5,964
11, 352
5.4
4.0
3.4
12,868
46, 343
5.1
5.6
9.0
91,102

129, 538
47, 397
32.1
20,381
5,860
14, 521
9.6
4.8
2.6
15,869
45,891
4.9
5.8
9.1
98, 411

151,035
60, 517
40.0
25, 219
8,614
16, 605
12.2
5.2
2.7
16,867
48,433
5.0
5.3
11.6
105,499

136,402
55, 326
38.5
19,885
8,610
11, 275
7.9
4.1
3.5
14, 589
46, 601
4.4
5.4
10.2
104,468

128, 975
52, 234
39.0
15, 961
4,367
11, 594
4.8
4.6
2.1
15, 742
45,038
5.1
4.6
9.7
97,087

118, 600
42, 294
29.7
16,178
4,663
11,515
4.6
5.9
2.0
15,831
44, 296
6.5
5.1
9.2
95,994

99,438
31,848
20.6
12,819
3,244
9,575
3.8
4.5
1.2
13, 242
41, 528
6.3
3.8
8.5
83,803

106,310
29,359
18.1
13,397
3,524
9,873
3.9
4.4
1.3
16, 507
47,047
6.9
3.9
9.4
94,864

1,198
27,069
8,055
24,421
2,207
4,727
3,318
5,095
11,140
11,078
11,678
2,517
12,906
827
6,105
409

2,109
37,132
11, 279
34,130
3,816
6,497
4,358
7,324
15,890
15, 725
18, 554
5,778
18, 707
2,121
6,152
1,090

1,767
30, 621
8,813
28, 721
2,753
5,234
3,124
6,843
18, 219
17,149
14, 693
4,209
18, 254
1,576
8,704
1,000

1,654
29, 450
8,542
25, 672
3,185
4,968
2,391
5,178
18,283
17,485
14, 430
3,905
20,791
983
8,714
619

1,317
1,514
25,439
23, 781
8,581
10,068
21, 526 - 26,335
2,231
3,389
5,698
4,464
2,502
1,900
5,194
4,279
13, 532
13,090
12, 720
12, 741
9,078
12,870
1,748
2,062
11,610
10,432
488
598
4,494
3,184
222
1,680

1,250
27, 732
12,135
32, 390
4,023
6,754
3,131
6,421
13,172
12, 507
10, 623
2,425
13, 244
804
5,532
134

1,412
28,110
10,505
36,800
4,510
7,152
3,900
6,789
14, 701
13,771
9,624
1,942
14,853
1,011
6,383
156

2,502
30,348
11, 730
35,422
4,549
6,380
3,984
6,540
13,789
13, 021
8,684
1,819
13, 723
1,148
6,617
260

1,946
30, 628
12,322
28,967
3,824
4,752
3,618
4,852
11,493
11, 006
9,334
2,285
14,719
1,636
6,114
145

2,616
31,090
7,935
28, 226
3,128
5,212
2,977
4,371
11,419
10,744
9,079
2,575
13, 563
1,018
5,816
271

1,990
24, 247
5,686
26, 794
2,991
4,873
2,552
5,347
8,567
8,529
8,197
2,303
14,008
1,177
7,244
230

1,631
28,760
7,527
28,192
3,000
5,612
2,693
5,796
10,123
10,055
11,490
3,046
14, 667
1,257
7,056
194

21,134
16,557
16, 270
13,537
20,914

36, 248
19,172
18,938
18, 869
33, 294

28,387
20, 582
16, 579
17, 239
29,489

29,619
20,003
12, 795
18,462
29, 402

19, 456
14, 600
11,661
11,894
21,810

22,150
13,885
15,340
15,091
24, 635

27, 268
17,327
13,941
14,619
25, 255

27, 202
19,445
14,056
16,719
28,076

27,780
19,153
12,821
16, 615
28,099

28,737
17,643
10, 519
16, 747
23,440

27, 205
17,929
12,817
16,154
21,889

21,129
17,864
12,097
13,606
19,107

23,633
18,411
15,145
14, 751
22,924

VALUE f
Exports, incl. reexports
thous. of dolls.
By grand divisions and countries:
Africa
thous. of dolls.
Asia and Oceania
thous. of dolls.
Japan
thous. of dolls.
Europe
thous. of dolls.
France
thous. of dolls.
Germany..
thous. of dolls.
Italy
thous. of dolls.
United Kingdom
thous. of dolls.
North America, northern, .thous. of dolls.
Canada
thous. of dolls.
North America, southern. .thous. of dolls.
Mexico
-thous. of dolls.
South America
thous. of dolls.
Argentina
thous. of dolls_
Brazil
thous. of dolls.
Chile
...thous. of dolls.
By economic classes:
Exports, domestic
thous. of dolls.
Crude materials
thous. of dolls.
Raw cotton
mills, of dolls.
Foodstuffs, total
_thous. of dolls.
Foodstuffs, crude
thous. of dolls.
Foodstuffs, manuf
thous. of dolls.
Fruits and preparations..mills, of dolls.
Meats and fats
mills, of dolls.
Wheat and
flour
mills, of dolls.
Manufactures, semi
thous. of dolls.
Manufactures, finished
thous. of dolls.
Autos and parts
mills, of dolls.
Gasoline
mills, of dolls.
Machinery
mills, of dolls.
Imports, total
thous. of dolls.
By grand divisions and countries:
Africa
thous. of dolls.
Asia and Oceania
thous. of dolls.
Japan
thous. of dolls.
Europe
thous. of dolls.
France
thous. of dolls.
Germany
thous. of dolls.
Italy.
thous. of dolls.
United Kingdom
thous. of dolls.
North America, northern..thous. of dolls.
Canada
thous. of dolls.
North America, southern..thous. of dolls.
Mexico
thous. of dolls.
South America
.thous. of dolls.
Argentina
thous. of dolls.
Brazil
thous. of dolls.
Chile
thous. of dolls.
By economic classes:
Crude materials
thous. of dolls.
Foodstuffs, crude
thous. of dolls.
Foodstuffs, manufactured..thous. of dolls.
Manufactures, semi
thous. of dolls.
Manufactures, finished
thous. of dolls.

TRANSPORTATION AND COMMUNICATIONS
TRANSPORTATION
Express Operations
Operating revenue

thous. of dolls.

Operating income

thous. of dolls.

7,853
126

8,036
118

7,769
122

7,124
132

6,775
136

7,122
132

7,216
130

134.

7,351
124

6,603
136

8.231
747,930
53,486

8.225
739, 799
52,440

8.225
680, 723
48,625

8.235
621, 001
44,650

8.219
614,081
45,400

8.229
633,118
45,114

8.212
695,712
48,647

8.235
677,163
47,600

8.235
719,464
50,459

8.192
679,910
47,384

53
49
23
21
83
51
68
18
53

61
64
31
25
82
64
72
16
62

Electric Street Railways
Fares, average (320 cities)
cents.
Passengers carried
thousands.
Operating revenues
thous. of dolls.
Steam Railroads
Freight carloadings ( F . E . B . ) :
Index, unadjusted
Coal
Coke
Forest products
Grain and products
Livestock
Merchandise, 1.c.l
Ore
Miscellaneous

1923-25 = 100.1923-25=100..
1923-25=100.
1923-25 = 100^_
1923-25 = 100..
1923-25=100..
1923-25 = 100..
1923-25 = 100..
1923-25 = 100

54

11932figuresinclude final revision. For revisions for January through March 1932 see issues of March, April, and May, 1933.




8.169
43, 656

51
35
21
58
39
63
5
45

35

SURVEY OF CURRENT BUSINESS

June 1933

1932

1933

Monthly statistics through December 1931,
together with explanatory footnotes and references to the sources of the data, may be found
in the 1932 Annual Supplement to the Survey

April

April

May

June

July

1933

Decem- January FebruOctober NovemAugust September
ary
ber
ber

March

TRANSPORTATION AND COMMUNICATIONS—Continued
TRANSPORTATION-Continued
Steam Railroads—Continued
Freight carloadings—Continued
Index, adjusted
1923-25=100.
Coal
1923-25=100.
Coke
1923-25 = 100_
Forest products
1923-25=100.
Grain and products
1923-25=100.
Livestock
1923-25=100.
Merchandise, l.c.l
1923-25=100.
Ore
1923-25=100.
Miscellaneous
1923-25=100.
Total cars 1
thousands.
Coal
thousands.
Coke
thousands.
Forest products
thousands.
Grain and products
thousands _
Livestock
thousandsMerchandise, l.c.l
thousands.
Ore
thousandsMiscellaneous
thousandsFreight car surplus, total
thousands.
Box
thousands.
Coal
thousandsEquipment, mfrs. (See Trans. Equip.)
Financial operations (class I roads):
Dividends paid. (See Finance.)
Operating revenues
thous. of dollarsFreight
thous. of dollars.
Passenger
..thous. of dollarsOperating expenses
thous. of dollars.
Net operating income
thous. of dollars.
Operating results (class I roads):
Freight carried 1 mile
mills, of tons.
Receipts per ton mile
cents.
Passengers carried 1 mile
millions.
Waterway Traffic
Canals:
Cape Cod
thous. of short tons.
New York State
thous. of short tons.
Panama, total
..thous. of long tons.
U.S. vessels
thous. of long tons.
St. Lawrence
thous. of short tons.
Sault Ste. Marie
thous. of short tons.
Suez
thous. of metric tons.
Welland
thous. of short tons.
Rivers:
Allegheny
thous. of short tons.
Mississippi (Government barges)
thous. of short tons.
Monongahela
thous. of short tons.
Ohio (Pittsburgh to Wheeling)
thous. of short tons.
Ocean traffic:
Clearances, vessels in foreign trade
thous. of net tons.
Foreign
thous. of net tons.
United States
thous. of net tons.
Shipbuilding. (See Trans. Equip.)
Travel
Airplane travel:
Passengers carried*
number.
Passenger miles
flown*
thous. of mi.
Hotel business:
Average sale per occupied room
dollarsRooms occupied
percent of total _
Foreign travel:
Arrivals, U.S. citizens.—
numberDepartures, U.S. citizens
number.
Emigrants
number.
Immigrants
numberPassports issued
numberNational parks:
Visitors
numberAutomobiles
numberPullman Co.:
Passengers carried
thousands Revenues, total
thous. of dolls.

53
53
29
22
99
53
63
17
52
2,505
397
17
86
177
82
803
16
926
619
314
237

226,500

1

19,000

62
32
26
86
61
73
18
56

» 2, 774
461
19
99
154
93
«932
17
«999
728
363
294

54
48
26
24
76
54
71
4
54
2,088
298
13
75
117
69
728
10
778
751
381
297

52
45
27
22
66
53
71
6
54
1,966
267
12
67
101
60
682
14
764
773
387
314

51
49
24
21
70
54
69
9
49
2,422
361
13
73
185
72
816
31
872
764
387
304

51
51
25
20
68
57
68
10
48
2,065
338
11
62
154
67
676
28
728
708
377
261

267, 817 254, 741 246, 237 237,813 252,102
207, 969 194, 272 185, 940 179,910 194,987
31,008 31, 330 32, 633 32, 713 31, 385
211, 631 207, 393 199, 331 191, 752 189,631
20, 624 11,951
12, 653 11, 597 28,368

54
59
32
24
68
54
69
10
52
2,245
414
14
69
148
81
681
24
813
599
324
210

272,
214,
30,
189,
49,

473
599
481
377
647

54
65
45
19
58
49
66
20
51
1,958
492
25
55
101
62
618
7
598
650
368
206

50
55
35
20
69
45
62
23
47
1,841
366
18
59
104
52
624
8
611
681
362
244

298,462 253, 575 246,062 226, 555 211,613
244, 074 203,146 188,164 179,239 168, 790
26,179 24,859 30, 202 26, 654 23, 585
200,147 189, 667 188, 205 181, 680 170,864
9,855
63, 839 34,179 32,857 13, 266

217 599
174^ 916
21,886
175, 295
10, 548

57
25
65
52
69
12
56
3,158
676
24
95
174
117
893
32
1,148
545
314
171

57
66
40
24
59
51
68
10
57
2,195
491
19
64
111
76
666
12
756
622
353
198

58
69
45
22
59
50
69
20
57
2,487
626
28
66
132
83
777
9
765
647
376
196

56
56
40
22
61
50
69
20
57
1,910
429
21
55
106
69
613
7
610
692
381
233

21,255
1.090
1,308

19,870
1.086
1,425

18, 668
1.104
1,462

19,065
1.051
1,613

20, 046
1.065
1,556

22, 706
1.029
1,529

26, 344
1.010
1,231

21, 754
1.020
1,156

21,102
.978
1,380

19, 986
.995
1,167

19,063
.977
1,045

19,311

588

233
250
1,444
620
279
369
2,045
465

213
415
1,677
662
884
1,568
1,891
1,037

201
454
1,405
633
905
1,988
1,816
1,065

214
376
1,260
576
822
2,638
1,906
1,030

214
528
1,349
650
938
3,095
1,893
1,162

215
478
1,347
638
1,061
3,807
1,768
1,292

235
554
1,582
723
1,014
3,924
2,171
1,252

224
588
1,532
682
751
2,877
2,021
1,087

224
0
1,622
587
51
215
2,177
147

200
0
1,464
560
0
0
2,225
0

158
0
1,435
623
0
0
1,983
0

192
0
1,738
724
0
0
2,468
0

115

172

145

147

109

148

127

170

150

110

81

92

82
776

850

112
654

108
571

107
562

100
601

95
697

109
796

113
763

94
776

81
799

72
683

"79
701

456

446

438

392

367

430

446

534

494

434

465

400

357

3,326
1,782
1,544

5, 313
3, 277
2,036

5,619
3,403
2,217

«5,819
"3, 736
<*2, 083

«5, 879
°3,807
«2,071

«6,191
4,053
«2,138

"5,902
3,747
«2,155

«5,325
3,305
-2,020

«5, 019
3,084
1,936

4,299
2,701
1,598

4,226
2,633
1,594

4,050
2, 460
1,590

4,528
2,861
1,667

9,347

41,127
10, 306

45,105
11, 701

46, 639
12, 514

53, 759
14, 775

57, 995
15, 936

52, 829
14, 586

38, 548
11,192

30, 671
9,102

22,889
6,913

23,046
7,633

24, 945
8,070

2.85
48

3.28
53

3.12
53

3.11
49

45

3.24
46

3.16
48

24, 300
7,854
2.94
54

9,744

23, 261
19, 980
6,746
2, 469
18, 745

18, 690
28, 357
8,391
2, 586
29, 273

28, 006
59, 298
11, 328
2,079
15,967

54, 070
57, 887
8, 783
2,719
10,163

60, 258
38,368
8,856
3,129
8,039

61, 443 137,236 I 255,987 502, 762 488, 562
12, 026 33, 578 ! 123, 179 133,025 125, 973
1,323
1,286
1,270 | 1,300
1,276
3,621
3,608
3,475
3,558 ! 3,757

212
0
1,528
302
352

66,313
11,326

19, 233
22,152
8,577
2,479
30,442 j

2.80
45

3.12 1
53 !
28,058
28,854
7,788
2,388
6,133

3.13
50

47

14, 879
22,129
8,031
2,006
6,007

13, 259
20,461
8,040
1,846
4,838

5,742

4,945

6,480

211,601
57, 226

69,454
19, 838

36, 290
7,947

27, 343
5,662

36,463
6,226

43, 379
6,496

40, 969
5,734

1,339
3, 648

1,158
3,127

1,078
2,902

1,248
3,294

1,158
3,208

952
2,784

872
2,643

COMMUNICATIONS
Telephone (class A companies):
Operating revenues
thous. of dolls.
Station revenues
thous. of dolls.
Tolls, message
thous. of dolls.
Operating expenses
thous. of dolls.
Operating income—.
thous. of dolls.
Stations in service, end of mo
thousands.
Telegraphs and cables:
Operating revenues
thous. of dolls,
Commercial telegraph tolls.thous. of dolls.
Operating expenses
thous. of dolls.
Operating income
thous. of dolls__~




89, 815
61,488
20,950
60,167
20, 587
16, 525

88, 5S3
60, 657
20, 752
60,005
19, 464
16,373

86, 725
59, 451
20, 203
58,477
19.057
16^ 109

82,187
56, 710
18,566
57, 291
15,991
15,815

82, 690
55, 911
19,857
56, 976
17,048
15, 592

82, 588
56,119
19, 537
55,180
18, 743
15, 498

83,045
57, 094
19,093
55, 390
IS,966
15, 379

80, 679
56, 356
17, 575
55, 444
17,061
15,261

81, 904
56, 500
18, 507
56,175
18, 540
15,142

79, 726
56, 011
17,016
58, 215
14,024
15, 015

76, 061
53,962
15, 512
55,559
13, 102
14,902

78, 925
54,615
18,155
57,387
14,254
14,779

8,947
6,861
8,114
443

8,914
6,867
8,126
399

9,116
6,997
8,002
725

7,788
5,844
7,918
d
516

8, 638
6,545
7,646
602

8,728
6,534
7,521
818

8,229
6, 205
7,494
349

7,706
5,697
7,425
d
104

8,352
6, 334
7,010
888

7,317
5,529
7,117
9

6,976
5,250
6,605

8,827
6,841
7,055
1,375

1 Data for April, July, October, December 1932, and April 1933 are for 5 weeks; other months 4 weeks.
*a New series. Covers scheduled airlines operating in United States. Earlier data not published.
Revised.
& Estimated. Based on reports of 66 roads.

<*=defieit.

36

SURVEY OF CURRENT BUSINESS

Monthly statistics through December 1931,
together with explanatory footnotes and references to the sources of the data, may be found
in the 1932 Annual Supplement to the Survey

1933
April

June 1933
1933

1933
April

May

June

July

Decem- January FebruOctober NovemAugust Septemary
ber
ber
ber

March

CHEMICALS AND ALLIED PRODUCTS
CHEMICALS
Alcohol:
Denatured:
Consumption (disposed of)
thous. of wine gal..
Production
thous. of wine gal..
Stocks, end of month thous. of wine gal_.
Ethyl:
Production
thous. of proof gal..
Stocks, warehoused, end of month
thous. of proof gal..
Withdrawn for denaturing
thous. of proof gal..
Methanol, wood distilled:
Crude:
Production *
gallons.. 179,723
Stocks, total *
gallons.. 275,492
Refined:
Exports
_
_
gallons.. 147,338
.37
Price, wholesale, N.Y
dolls, per gaL.
Production *
.gallons.. 90,888
Shipments*
gallons.. 99,965
Stocks, end of month *
gallons.. 279,759
Methanol, synthetic:
Production
_
gallons.. 425,333
Shipments—_
gallons.. 576,646
Stocks, end of month
.gallons-. 2,310,901
Explosives:
Orders, new
_
thous. of lb_. 15,006
Production
thous. of lb_. 16,005
Shipments
thous. of lb.. 15,502
Stocks, end of month
thous. of lb.. 15, 711
Sulphur and sulphuric acid:
Sulphur, production (quarterly)—long tons.:
Sulphuric acid (104 plants):
Consumed in prod, of fertilizer.short tons.. 71,749
Price, wholesale 66°, at works
15.50
dolls, per short ton..
Production
short tons.. 73,900
Purchases:
From fertilizer mfrs
short tons.. 12,222
From others.
short tons... 14,487
Shipments:
To fertilizer mfrs
short tons.. M , 0 5
To others
.short tons.. 23,612

3,960
4,089
1,640

4,296
4,868
2,199

3,041
5,382
4,533

10,137

11,578

16,215

18,490

6,700

5,253
6,203
5,461

8,679
8,172
5,016

7,000
6,633
4,639

7,041
7,255
4,841

10,577

11,908

12,365

13,355

13,140

7,391

5,278

6,014

9,084

8, 229

19,068

20,071

18,079

18, 780

19,154

18,020

16,140

14,782

15,922

16,639

8,244

8,932

9,924

13,780

11, 906

11,905

8,011

6,722

5,969

6,691

7,013

290, 759 243,089
516,973 541,533

135,837
511,120

111,113 98,872 98,108 188,405 290,557 303,026 312,481
558,374 477, 538 329, 507 253, 055 273,701 228,867 297,163

256,826
281,484

6,277
4,917
3,468

5,328
4,616
2,750

4,519
3,614
1,839

3,758
3,909
1,988

3,900
4,147
2, 23 a

< 267,624
•' 295,939

27,976 44, 378 55,129 47,733 60,123 135, 564 79, 714 83,731 62,156 112,122 62, 613 233, 754
.37
.37
.37
.37
.37
.37
.37
.37
.37
.37
.37
.37
112,967 71, 668 97,154 83,534 150,686 102,448 197, 534 140, 584 173,636 165,860 117,236 '117,846
59,773 76,404 119,571 117,248 145,724 92,220 159,491 195,065 196,786 59,546 *90,285 « 79,793
303,440 298,704 276,287 242,573 247,535 257, 763 295,806 241,325 218,175 324,489 '351, 440 ' 330,011
501,759 742,826 712, 537 793,639 792,641 697,890 571,372 531,635 643,598 352,748 324, 527 178,232
406,329 349,034 587,442 294,911 461,299 550,862 958,909 819, 251 587,406 512, 781 625,484 665, 702
2,333,650 2,727,442 2,852,057 3,351,265 3,682,607 3,829,635 3,442,098 3,154,482 3,210,674 3,050,641 2,749 684 2,262, 214
17,814
16,804
17,795
17,587

16,139
16,896
16,869
17,057

14,319
14,018
13,790
17,588

14,473
12, 563
13,918
16,192

17,607
17,903
18,956
15,187

241,958

20,867
19, 557
20,152
14, 548

22,122
22,624
23,011
14,213

19,074
20, 753
20, 054
14,912

194,471

52,516

30, 266

29,658

15.50
60,416

15.50
50,690

15.50
44,930

15.50
45, 393

15.50
58,345

15. 50
61,152

15.50
84,471

6,850
14,021

1,954
11,974

2,315
13,978

12, 404
6,586

11,846
4,652

16, 224
9,158

15,267
24,414

16,177
21,009

4,329
17,938

7,514
13, 677
4,478
14, 242

5,720
24,380

7,139
23, 261

10,920
23, 579

32, 590

52,272

53, 259

74,813

99,615
15.50
115,684

17,998
17,930
17,807
15,020

17,129
17,777
17,520
15,545

15,437
16,008
16,424
14,935

15,435
15,804
14, 98a
15, 307

188,607

116, 478

102,886

100,446 « 87,500 « 76,573

15.50
15.50
15.50
15.50
119,350 114, 618 « 99,825 « 79,328
14, 702 17, 583 13,794 10, 625 « 10,309
13,429
8,544
9,830 15, 002 • 9,987
10,165 15, 284 14, 641 14,063
14,439
19, 751
22,805 24,363 26, 538 21, 675

FERTILIZERS
Consumption, Southern States
119
thous. of short tons..
156
14
205
298
40
97
60
85
Exports, total§
_
long tons.. 69, 580 71, 614 « 81,686 52,000 60,359 52,926 • 64,701 67, 268 «71,724 71,136 56,163 59,894
4,239
Nitrogeneous§
_
long tons..
11,063
4,105 12, 255
7,633 15, 234 « 32, 606 20, 679 13,833 18,185
7,836
Phosphate materials
-long tons.. 63,621 59, 542 « 76,943 36,731 51,721 36,708 30,005 44, 204 50,299 52,314 44,128 50,143
57
Prepared fertilizers
...long tons..
14
149
69
114
80
306
172
374
73
50
65
Imports, total§
___
long tons.. 102,204 0 64,108 «84,783 « 58,018 °49,985 * 57,530 « 88,006 «91,619 « 85, 206 a 47,956 « 94,313 « 90,349
Nitrogenous!
_
-long tons.. 70,934 • 42,415 66,909 « 38,351 • 26,637
44,817 42,831 48, 627 30,760 55,281 65,457
Nitrate of soda§
long tons..
66
2,516
2,675
37
405
647
11
0
4,887
48
517
13
Phosphates
long tons..
4,539
3,934
3,470
5,956
5,458
3,154
4,063 ° 3, 220
3,514
9,506 ° 4,888 ° 4,878
Potash
long tons.. 20,537 ° 10,499 12,279
24,968 17,998
7,128
7,533 18,172 23,650 33, 534 30,000 « 24,478
Price, nitrate of soda, 95 percent, N.Y.
1.305
dolls, per cwt..
1.770
1.295
1.770
1.770
1.770
1.295
1.270
1.295
1.633
1.220
1.240
Superphosphate, bulk:
Production
short tons..
146,881 86, 200 61,539 69,813 112,919 117,175 150,018 209,476 224, 794 227,154 '188,631
Shipments to consumers
short tons..
255,117 68,887 21,498 10, 774 12,275 80, 779 47,338 13,028
7,892 16,188 • 31,561
Stocks, end of month
short tons..
857,096 855,535 852, 587 868, 657 853,035 874,042 979,903 1,076,520 1,089,657
NAVAL STORES
Pine oil:
Production.. _
gallons.. 184,760 161,121 201,628 189,752 201, 608 189,132 231,115 195, 248 227,273
Rosin, gum:
3.28
Price, wholesale " B , " N.Y—dolls, per bbl_.
3.20
3.04
3.15
3.23
3.44
3.41
3.65
3.55
Receipts, net, 3 ports
bbl. (500 lb.)_. 63,372 64,070 91, 527 96,115 104,904 99,148 83,484 75,153 76,804
Stocks, 3 ports, end of month__bbl. (500 lb.).. 212, 526 337,221 350,472 366,318 371,797 386,664 356,985 335,301
Rosin, wood:
Production...
bbl. (5001b.).. 24,926 26,443 30,597 29,483 30,076 31,141 31,155 33,132 31,308
Stocks, end of month
bbl. (5001b.).. 86,406 88,479 92, 695 96,314 104,448 104,990 102,422 96,367 98,048
Turpentine, gum:
Price, wholesale, N.Y
dolls, per gal.43
.45
.44
.43
.41
.42
.45
.46
.46
Receipts, net, 3 ports
bbl. (50 gal.).. 18,176 17,018 27,410 26,841 29, 723 27,770 22, 811 19,362 18,125
Stocks, 3 ports, end of month.bbl. (50 gal.).. 59,212 68,947 73,896 70,242 82, 532 86,467 82,364 82, 503 91,212
Turpentine, wood:
Production
bbl. (50 gal.)..
3,831
4,827
4,415
5,151
4,878
5,202
5,454
4,861
5,020
Stocks, end of month
bbl. (50 gal.).. 10,863
5,267
5,560
5,636
7,412
6,930
8,312 10, 602
7,054

199,202 233,286

825
85,481
9,485
73,165
55
« 97,507
61,535
106
5,814
21,885
1.295
167,114
154,770
900,911

186, 598

202,929

2.89
2.89
3.01
71,458 35,064 30,639
332, 613 295,859 263,270

2.8935,796
237,35Q

29, 220 31,188
100,053 104,771

25,'583
104,223

26,597
98,615

.42
15,979
•91,971

.45
6,283
84,096

.45
2,826
74, 894

.46
6,710
63,679

5,070
13,112

4,975
14,194

4,175
14,399

4,255
12,387

OILS, FATS, AND ANIMAL
BYPRODUCTS
Animal fats and by-products (quarterly):
Animal fats:
Consumption, factory
thous. of lb_.
138,652
178,375
149,864
171,011
Production
-thous. of lb_.
598,610
553,147
570,199
474,719
Stocks, end of quarter
thous.
of
lb_.
283,313
303,339
235,326
240, 524
n
Animal glues:
Production
thous. of lb_.
15,542
14,085
11,755
Stocks, end of quarter
thous. of lb._
74,726
72,856
73,954
Gelatin, edible:
Production
thous. of lb
3,924
4,937
3,511
1,300
Stocks, end of quarter
thous. of lb
10,457
9,107
10,751
8,508
° Revised.
* New series. For earlier data see p. 20 of the April 1933 issue.
§ Data for 1932 revised. Total exports, January, 79,342; nitrogenous, January, 19,700. Total imports January, 123,177; February, 90,564; March, 100,190; total
nitrogenous, January, 67,034; February, 39,132; nitrate of soda, January, 34,137; February, 7,404.




37

SURVEY OF CURRENT BUSINESS

June 1933
Monthly statistics through Decemher 1931,
together with explanatory footnotes and references to the sources of the data, may be found
in the 1932 Annual Supplement to the Survey

1933
April

1932
April

May

June

July

1933

August

ber

I

Decem- January
October November
ber

February

March

CHEMICALS AND ALLIED PRODUCTS—Continued
OILS, FATS, AND ANIMAL BYPRODUCTS—Continued
Animal fats and byproducts—Continued
Greases:
Consumption, factory
___thous. of lb_
50, 617
Production
thous. of lb_
80,923
Stocks, end of quarter
thous. of lb_
78,747
Lard compounds and substitutes:
221, 006
Production
thous. of l b .
Stocks, end of quarter
thous. of l b .
23, 527
Fish oils (quarterly):
Consumption, factory
thous. of l b .
35,103
5,938
Production
thous. of lb_
Stocks, end of quarter
thous. of lb_
183,960
Vegetable oils and products:
Vegetable oils, total:
' Consumption, factory (quarterly)
thous. of lb_
615, 691
1,607
° 3,123
Exports
thous. of l b .
2,357
1,245
Imports§
thous. of lb_
55,039
62, 891 • 54,231
61,660
403, 439
Production (quarterly)
thous. of lb_
Stocks, end of quarter:
553, 546
Crude
thous. of l b .
704, 882
Eefined
thous. of lb_
Copra and coconut oils:
Copra:
Consumption, factory (quarterly)
short tons.
49, 656
16, 244
11, 074
Imports
short tons.
15,754
10,894
11,838
Stocks, end of quarter
short tons.
Coconut or copra oil:
Consumption, factory:
124,120
Crude (quarterly)
thous. of lb.
Refined, total (quarterly)
thous. of lb.
59,171
7,181
In oleomargarine
thous. oflb._ 12,788
8,497
16,090
28, 259
25, 725
Imports
thous. of lb
20, 210
Production (quarterly):
62, 358
Crude
thous. of lb._
54, 351
Refined
thous. of l b .
Stocks, end of quarter:
178, 229
Crude
thous. of lb_.
14, 500
Refined
thous. of lb._
Cottonseed and products: t
Cottonseed: f
Consumption (crush)
short tons._ 249, 267 326,833 199,452 112,963
64, 701
73,877
Receipts at mills
short tons.. 95,100 145,069
Stocks at mills, end of month..short tons. 594, 997 527, 738 400, 375 352,113
Cottonseed cake and meal: f
12,752
4,564
8,084
Exports§
short tons.
4,965
Production
short tons.. 115, 602 151, 942 92,839
52,304
Stocks at mills, end of month__short tons.. 221, 453 157,019 149, 548 135, 516
Cottonseed oil, crude: f
80,163 113, 077
40, 454
Production
thous. of lb
68, 436
122, 517 118,132
Stocks, end of month
thous. of lb
85,134
51,172
Cottonseed oil, refined:
Consumption, factory (quarterly)
223, 273
thous. of lb.
1,245
In oleomargarine
thous. of lb
1,382
1,137
986
Price, summer yellow, prime, N.Y.
.035
.032
.033
.040
dolls, per lb__
90, 331
Production f
thous. of lb__ 97, 615 112,074
70, 887
Stocks, end of month f
thous. of lb__ 804, 201 705, 371 707, 439 672,822
Flaxseed and products:
Flaxseed:
221
1,551
829
511
Imports, United States
thous. of bu__
Minneapolis and Duluth:
190
364
347
179
Receipts
thous. of bu._
24
193
267
235
Shipments
thous. of bu__
902
822
1,037
Stocks, end of month
thous. of bu__
Oil mills:
3, 507
Consumption, quarterly thous. of b u . .
1,454
Stocks, end of quarter
thous. of bu__
1.28
1.35
1.21
1.05
Price, No. 1, Minn
dolls, per bu._
Production, crop estimate
thous. of bu_.
Stocks, Argentina, end of month
7,874
7,874
6,693
thous. of bu._ 6,693
Linseed cake and meal:
20,
518
23,863
20,787
20,373
Exports
thous. of lb._
Shipments from Minneapolis
9,564
5,082
3,932
3,665
thous. of lb__
Linseed oil:
Consumption, factory (quarterly)
65, 253
thous. of lb__
. 066
.061
.059
Price, wholesale, N.Y
dolls, per lb_. ~~~.~078
65, 764
Production (quarterly)
thous. of lb__
Shipments from Minneapolis
8,152
7,525
7,007
4,666
thous. of R^Stocks at factory, end of quarter
thous. of lb_.
116,082
Lard compound:
.062
Price, tierces, Chicago*
dolls, p e r l b . .
.063
.059
.061
Oleomargarine:
Consumption (tax-paid withdrawals)
thous. of lb_. 18,358
16,768
14, 273
10,945
Price, standard, uncolored, Chicago
dolls per lb_.
.081
.095
.095
.095
Production
__
thous. of lb_. 20,439
16,684
12, 111
14, 338
» Revised.
b As of Dec. 1.
t For revisions of the year ended July 1932, see p. 20 of the February 1933 issue.
* New series. Earlier data not published.
§ Data for 1932 revised. Vegetable oils, imports, January, 55,909; March, 62,751.




2,815
61, 377

867
55, 978

50, 047
74, 640
69,162

48,575
80, 058
72, 013

44,889
79, 411
71,894

276, 916
24,480

225, 932
26, 265

203, 564
25, 020

38,943
36, 722
195,886

36, 817
28, 682
197, 290

29, 741
18,197
181, 374

506, 351
2,029
43, 971
418,363

a

5,516
41, 085

3,961
'50, 631

6,881
23,605

14,482

9,621
15,698

42, 067
16, 397
9,448

7,406
75, 298

6,627
40, 237

575,970
763,781

538,909
532, 231

13, 283

837, 087
6,356
« 66,191
798, 395

23, 362

25, 049

56,959
26,772
28,084

130,032

127, 640

62, 380
10,425
17, 335

67, 701
12, 234
26,110

11,920
9,442

11,936
14,912

660, 362
4,697
69, 913
600,825
664,447
839, 933

18, 009

27, 300

59, 225
14,852
24,571
120, 207

13,434
28,136

10,706
13,148

69,426
13,498
29, 651

53, 015
57, 350

70,819
59,847

76, 028
61, 785

145, 339
13, 004

120,928
14, 227

138, 551
14,382

90, 262
38,173
300, 024

151,193
119,936
265, 372

873, 033 711, 236 673,397 483, 290 419, 354
968, 757 1,258,516 892,182 381,139 300, 753
666,877 1,214,157 1,432,942 1,328,607 1,211,440

440, 333
198, 291
969, 398

368,336
148, 382
749,164

2,119
41, 208
114, 656

« 3,030
70, 271
97, 481

12, 622
256, 555
201, 421

25, 702
319, 695

18,430
302, 815
367, 661

28, 698
216,133
366, 626

21, 941
190,943
342,565

23, 873
198,762
332,624

5,039
167, 464
286,197

29, 281
29, 524

45, 539
28, 315

173,198
103,100

218,949
133,875

208, 238
147, 746

151,315
143,835

130, 699
146, 688

139,178
159,060

116, 668
161, 246

931

1,241

283, 700
1,292

1,270

1,378

229, 799
1,519

1,467

1,274

209,942
1,408

.038
47, 775
628,420

.045
38, 273
525, 303

.045
81,183
503,199

.040
165,906
581, 583

.037
187, 047
670, 558

.035
133, 618
730, 492

.036
112, 212
759, 730

.035
113,517
802,125

.037
107,938
807, 376

368

570

732

393
1,023

101
126
1,026

107
153
950

1.16

1.10

4,365
1,646
1.13

103

20

603

437

384

«914

175
306
763

2,486
519
1,565

2,845
1,427
3,265

1,548
1,700
2,109

729
1,340
1,200

434
293
1,210

1.01

3,739
2,663
1.11

1.13

1.06

4,998
3,121
1.09
/ 11,841

7,480

7,087

5,906

3,937

3,937

5,512

5,512

5,512

30,536

19, 372

5,923

22,116

' 17,797

14, 753

26,690

22, 799

17, 291

7,610

12,960

14, 338

11,367

8,411

8,576

8,297

6,410

8,693

"""."655"

51, 575
.061

"""063

~".~067~

43,833
.069

.073

.072

39, 021
.075
79, 595

4,108

3,462

68, 503
3,433

4,007

4,752

90, 987
2,510

7,257

4,405
141,105

.065

.069

97,496
.074

.066

.063

121,775
.060

.059

.059

.060

11,360

15,020

16, 211

19,391

20,048

18,269

22,920

15,498

23,106

.091
11,408

.093
16,016

.095
17,128

.095
19, 528

.095
19,166

.095
20,142

.095
21,023

.080
17,246

.077
21, 387

Cottonseed cake and meal exports, January, 23,208.

38

SURVEY OF CURRENT BUSINESS

Monthly statistics through December 1931,
together with explanatory footnotes and references to the sources of the data, may be found
in the 1932 Annual Supplement to the Survey

1933
April

June 1933
1933

1933
April

May

June

July

Decem- January FebruOctober NovemAugust September
ber
ary
ber

March

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. of dolls.
Trade
thous. of dolls.
Unclassified (273 estab.)...thous. of dolls.
Plastic, cold-water paints, and calcimines:
Sales:
Calcimines
dollars.
Plastic paints
..dollars.
Cold-water paints
dollars.

20,295
13,297
4,664
8,633
6,997

PYROXYLIN PRODUCTS
Rods:
Production*
thous. of lb_
Shipments*
thous. of lb.
Sheets:
Production*
thous. of lb.
Shipments*
thous. of lb.
Tubes:
Production*
thous. of lb.
Shipments*
thous. of lb.
ROOFING
Dry roofing felt:
Production
short tons.
Stocks, end of month
short tons.
Prepared roofing, shipments:
Total
thous. squares.
Grit roll
thous. squares.
Shingles (all types)
thous. squaresSmooth roll
-thous. squares.

24,981
14,660
4,866
9,794
10,321

19,637
13,419
4,685
8,734
6,218

14,430
9,852
3,793
6,059
4,578

15, 592
10,607
3,997
6,610
4,986

13, 260
8, 796
3,599
5,197
4,464

10,128
6,730
3,223
3,507

11,946 «12,346
« 8,184
« 7,694
« 3, 530 « 3,417
« 4, 767
• 4,164
« 4,161
« 4,252

»14,431
« 9,180
« 3, 385
« 5,795
« 5,252

146,674 126, 685
60,322 65,309
72,546 67,990

93,052
78,961
59,870

75, 228 102,299 117, 732 113,493
82,639 64, 229 68,485 65,529
45,281 54,028 48,150 47,344

129,064
42,228

65,660
50,170
30,756

60,047 « 75,988
74, 379 «104,789
37, 214
42,320

99,810
86,440
44,159

144
154

72
105

76
119

81
102

65
91

839
818

713
787

635
753

597
688

14
29

23
26

535
687
18
33

5,460
4,864

11,100
5,146

14,168
4,959

840
191
113
535

1,694
348
323
1,022

2,731
525
522
1,685

22, 612
13,330
4,639
8,691
9,282

81
105

85

851
744

659
665

630
573

541

16,032
10,770
3,851
6,919
5,263

16,806
11,198
3,981
7,217
5,608

142
126

155
163

540
691

802
941

135
188
940
1,007
33
47

16,477
4,454

14,603
4,892

14,779
4,911

13,103
5,388

12,136
4,909

18,474
4,078

22, 781
3,717

17,778
3,706

9,450
4,662

2,267
522
470
1,275

2,367
634
531
1,202

1,625
381
508
736

1,524
374
433
717

1,718
396
453
870

2,837
672
707
1,457

3,103
764
878
1,461

2,573
630
656
1,287

1,202
271
192
739

7,604
4,827
621
141
118
362

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 f
mills, of kw.-hrs__
By source:
Fuels
mills, of kw.-hrs__
Water power
mills, of kw.-hrs..
By type of producer:
Central stations
mills, of kw.-hrs._
Street railways, manufacturing plants, etc.
mills, of kw.-hrs__
Sales of electrical energy:
Sales to ultimate consumers, total
(N.E.L.A.)
mills, of kw.-hrs..
Domestic service
mills, of kw.-hrs. _
Commercial—retail
mills, of kw.-hrs..
Commercial—wholesale—mills, of kw.-hrs..
Municipal and streeting lighting
mills, of kw.-hrs..
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..

6,451

6,790

6,650

6,563

6,547

6,764

6,752

7,073

6,952

7,149

6,932

« 6, 286

* 6,673

3,367
3,084

3,663
3,127

3,627
3,023

3,876
2,687

3,858
2,689

4,179
2,585

4,316
2,436

4,351
2,722

4,087
2,865

4,377
2,772

3,982
2,950

« 3, 651
« 2, 635

* 3, 664
»3,009

6,048

6,351

6,230

6,148

6,123

6,328

6,315

6,609

6,513

6,670

6,535

« 5,922

<* 6, 264

403

439

420

415

424

436

437

464

439

479

397

364

409

1,071
2,605

5,098
912
1,007
2,580

5,022
869
981
2,617

4,969
854
1,007
2,550

5,045
838
1,016
2,617

5,238
911
1,055

5,326
984
1,065
2,653

5,423
1,076
1,117

2,578

5,345
1,131
1,125
2,383

5,373
1,206
1,121
2,343

5,026
1,074
1,044
2,248

4,878
1,004
984
2,221

193

179

156

163

175

199

207

217

234

211

196

44
353

43
334

42
314

41
309

42
311

41
305

45
331

46
350

50
382

49
361

50
348

55
361

164,860

158, 300

154,960

152, 370

152, 020

159, 040

165,410

169, 730 171,880

171,370

158, 620

153, 364

146, 308

143,396

140,986

140, 256

145, 976

151, 551

156, 862 157, 561 160, 279 149, 768

10,300
9,741
58
493
34,057
23, 543
2,900

10,320
9,761
57
494
31, 936
23, 354
1,465

10, 220
9,669
51
492
30,149
22, 944
511

10, 212
9,670
45
490
27, 581
21,158
227

10,155
9,616
46
485
25, 608
19, 519
177

10, 203
9,659
49
488
28, 213
21,899
219

10,159
9,606
58
487
30, 335
22,990
794

142,487

GAS

Manufactured gas:*
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:*
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 commerciaLthous. of dolls.

10, 038
9,484
62
484
30,186
21, 338
2,030

9,907
9,356
61
482
32, 324
21,937
3,424

9,879
9,328
62
481
30,949
20, 714
3,395

9,853
9,305
61
478
30, 655
20,821
3,216

7,428

6,965

6,559

6,071

5,778

5,949

6,372

6,632

6,737

6,778

6,661

6,438

36, 975
28,189
2,133
6,532

35, 369
27, 922
1,118
6,214

34,093
27, 725
409
5,852

31,664
25, 934
208
5,426

29, 687
24, 220
163
5,208

32, 405
26, 727
198
5,375

34, 011
27, 612
632
5,650

33,022
25, 596
1,458
5,845

34,134
25,802
2,213
5,990

34, 288
25,929
2,292
5,945

32,872
24, 608
2,289
5,841

32,509
24,551
2,166
5,667

5,559
5,076
481
77, 678
31, 533

5,572
5,093
477
61,910
21, 328

5,493
5,031
460
54,856
13,901

5,446
4,994
450
48, 466
9,774

5,420
4,972
446
48, 549
8,034

5,427
4,980
446
52, 615
8,509

5,453
4,996
455
60, 001
13, 541

5,486
5,020
464
73, 280
21, 625

5,499
5,032
466
88, 716
35, 325

5,470
5,003
465
90, 047
40,477

5,503
5,011
491
86, 262
34,998

5,470
4,986
482
80, 289
33,153

45, 316

39, 869

40, 507

38,125

39, 935

43, 651

45, 283

50,558

52,175

48,777

50, 337

46,361

30, 595
19, 777
10, 692

24, 313
15, 338
8,891

20,001
11, 676
8,261

17,063
9,437
7,558

16, 501
8,823
7,600

17, 469
9,243
8,147

20, 720
11, 607
8,964

25, 907
15,464
10, 245

33,407
21, 784
11, 455

35, 709
24,450
11,130

22, 250
11,487

30,858
20,201
10, 530

# Since March 1932 detailed figures are not strictly comparable owing to changes in firms reporting.
* New series. For earlier data see p. 19 of the January 1933 issue (pyroxylin products) and p. 19 of the May 1933 issue (gas).
• Revised.
t For revised data for year 1932 see pp. 38 and 56 of the May 1933 issue.




10,002
9,445
63
486
31,824
21, 641
3,244

39

SURVEY OF CURRENT BUSINESS

June 1933
Monthly statistics through December 1931,
together with explanatory footnotes and references to the sources of the data, may be found
in the 1932 Annual Supplement to the Survey

1932

1933

April

April

May

June

July

August

1933
Septem- October Novem- December
ber
ber

January February

March

FOODSTUFFS AND TOBACCO
DAIRY PRODUCTS
Butter:
Consumption, apparent*
thous. of lb_.
Price, N.Y., wholesale (92 score)dolls, per Reproduction (factory)f
thous. of Re_
Receipts, 5 markets
thous. of R e .
Stocks, cold storage, creamery, end of month
thous. of lb__
Cheese:
Consumption, apparentf.
thous. of Reimports
thous. of Re_
Price, No. 1 Amer. N.Y
dolls, per Reproduction (factory)f
thous. of ReAmerican whole milkf
thous. of ReReceipts, 5'markets
thous. of ReStocks, cold storage, end of montht
thous. of R e .
American whole milkf
thous. of ReMilk:
Condensed and evaporated:
Production:!
Condensed (sweetened)
thous. of ReEvaporated (unsweetened) #
thous. of Re_
Exports:
Condensed (sweetened)
thous. of Re_
Evaporated (unsweetened) -thous. of Re_
Prices, wholesale, N.Y.:
Condensed (sweetened).-dolls, per ease..
Evaporated (unsweetened)
dolls, per case..
Stocks, manufacturers, end of month:
Condensed (sweetened):
Bulk goods
thous. of ReCase goods
thous. of ReEvaporated (unsweetened):
Case goods
thous. of ReFluid milk:
Consumption in oleomargarine
thous. of R e .
Production, Minn, and St. Paul
thous. of lb_.
Receipts:
Boston, incl. cream
thous. of qt_.
Greater New York
thous. of qt._
Powdered milk:
Exports
thous. of ReOrders, net, new
thous. of ReStocks, mfgrs. end of m o . . .thous. of lb_.
FRUITS AND VEGETABLES
Exports, fruits a n d preparations. (See Foreign trade.)
Apples:
Production, crop estimate
thous. of bu__
Shipments, car lot
carloads..
Stocks, cold storage, end of m o n t h
thous. of b b L .
Citrus fruit, car-lot shipments
carloads.Onions, car-lot shipments
carloads..
Potatoes:
Price, white, N . Y
dolls, per 100 Re_
Production, crop estimate
thous. of bu._
Shipments, car lot
carloads..

133,645
.21
133, 734
48,072

138, 713
.20
139,954
49,915

165,354
.19
184,134
75, 552

131,548
.17
186, 736
71, 712

133,068
.18
159,162
57,333

148, 538
.20
143, 763
52,082

141, 715
.21
124,012
43,022

141,933
.21
119,327
39,720

138, 524
.23
108,927
40, 714

134,106
.24
118,979
43,074

128,678
.20
124,470
50, 828

122, 655
.19
116,420
44, 750

129,093
.18
126, 751
50, 672

9,395

10,394

29,160

110,247

107,259

89,490

66, 828

37, 207

22,043

17, 833

11, 580

« 9, 255

45, 273
3,891
.12
36, 281
28, 052
12, 728

* 44,939
5,280
.12
1
36,497
» 28,166
10, 764

53,146
4,338
.12
50,328
38, 942
13,972

46,783
3,802
.11
58,840
45, 718
15, 731

41,030
3,342
.12
46, 778
35,924
16,492

45, 243
1,079
.14
44,534
33, 503
14, 856

44, 885
4,665
.14
41,569
31,089
12, 771

45, 529
6,300
.13
36, 517
27, 584
13,329

41,432
6,609
.13
30, 564
21, 880
12, 505

41,194
4,845
.13
31, 321
23,172
11,405

39, 871
3,070
.12
31,387
23, 335
10, 768

40,549
3,545
.11
29,480
21,993
9,981

43,817
2,892
.11
34,073
26,195
12, 725

43, 589
37,284

50, 764
38,951

52,118
40,461

66, 531
53,922

76, 327
63,667

79,847
66, 721

81,406
68, 555

78, 274
66, 813

73,916
62,392

68, 714
57,749

63, 321
53, 532

55, 731
46,992

* 48,806
* 41, 625

a

22, 626

21, 802

22, 501

16, 692

21,403

16,954

17, 982

13,141

16, 251

15,178

12, 715

14,580

172,178

143,481

180,905

184,018

153, 876

134,727

113,197

140, 267

90,020

99, 521

112,209

104,658

141,090

562
3,290

1,169
3,207

1,619
3,812

656

542
2,725

570
2,574

583
2,833

522
2,601

592
3,036

506
3,129

526
2,629

475
2,893

4.72

4.68

4.68

4.68

4.68

4.68

4.68

4.68

2.25

2.25

2.25

2.25

2.56

2.55

2.42

2.03

15,947

a

614
3,037

2,687
4.68

4.75

4.75

4.55

2.19

2.75

2.57

2.45

5,907
5,310

7,629
9,532

8,865
15, 246

13, 856
19,986

12,634
21,447

12, 308
20, 537

10, 541
18, 672

8,334
16, 302

7,505
14, 678

7,427
12, 234

6,488
9,524

5,573
7,831

« 5,453
5,935

36,975

117,687

164,421

212,431

225,897

190,912

176,197

146, 204

139,957

100,092

107,154

101,085

50, 571

4.75
2.33

4,107

3,512

2,781

3,792

4,054

4,646

4,485

4,736

5,039

3,988

5,041

33,497

38, 606

34, 227

25, 887

22, 381

21,945

24, 571

26, 727

31, 705

34,903

32,457

36, 718

19,450
115, 230

20, 715
121, 766

19, 766
119,444

20,017
121,116

19,799
118, 806

18,354
115, 727

18, 571
113, 877

17, 589
107, 768

17, 725
108, 829

17, 848
109, 567

16,364
102, 264

18,266
112,725

599
10, 235
23,603

390
10, 354
23,929

221
11, 681
26, 226

310
10,960
27,918

316
11,312
24, 918

256
10,426
21, 785

178
10,089
20, 004

291
8,982
18,505

225
10, 207
18, 326

183
7,877
17,473

179

"137286

160
9,347
«14,997

2,830

3,728

2,415

1,412

2,589

1,641

8,457

23,459

10,666

/139,156
6,030

6,278

5,875

4,999

1,562
12,813
2,456

1,719
13, 709
2,552

673
12, 094
4,361

5,948
1,419

1,974
5,621
3,610

8,827
6,694
3,371

9,811
11, 022
2,084

8,513
13,277
1,657

13, 566
2,311

4,138
12,287
2,252

2,894
13, 624
2,431

248

8,382
2,402

8,046
1,532

1.290

1.195

1.086

.837

1.073

.913

.910

1.061

1.250

1.257

21,144

18,141

2l,996

"157704

~8,~277~

12, 738

14,230

11, 704

1.254
f 356, 589
11,944

1.258

18,005

16, 570

16,359

24,481

2,800

13, 030

10, 270

« 9, 810

« 6, 740

8,176 I 10,075

5,715

4,826

3,569

4,172

.40

212
.51

673
.44

465
.35

1,121
.26

449
.25

1,113
.30

5,055
8,414

1,711
«2, 510

1,226
2,307

1,787
8,685

1,203
8,496

1,683
8,320

155
5,758

583
5,022

371
5,830

.23
.24

.22
.23

.26

12, 715
3,750
33,793

12,641
3,602
35,006

9,885
4,991
36,120

.921

GRAINS
Exports, principal grains, including flour a n d
meal
thous. of bu__
Barley:
Exports, including malt
thous. of bu._
Price, no. 2, M i n n
dolls, per bu__
Production, crop estimate
thous. of bu._
Receipts, principal markets *__thous. of bu__
Visible supply, end of month__thous. of bu__
Corn:
Exports, including meal
thous. of bu__
Grindings
thous. of bu__
Prices, wholesale:
No. 3, yellow (Kansas City)-dolls, per b u . No. 3, white (Chicago)
dolls, per b u _ .
Production, crop estimate
thous. of bu__
Receipts, principal markets
thous. of bu__
Shipments, principal markets .thous. of bu__
Visible supply, end of m o n t h . . t h o u s . of bu_.
Oats:
Exports, including oatmeal
thous. of bu_.
Price, N o . 3, white, Chicago._.dolls, per bu__
Production, crop estimate
thous. of bu__
Receipts, principal markets
thous. of bu__
Visible supply, e n d of m o n t h . . t h o u s . of bu_.
Rice:
Exports §
pockets (1001b.)__
Imports
pockets (100 lb.)__
Price, wholesale, head, clean, N e w Orleans
dolls, per lb_.
Production, crop estimate
thous. of bu.

187
7,117

» 8,524

« 6,098

812
.31

995
.31

1,028
.32

1,244
.29

1,353
.31

922 I
1,932 !

1,812

6,037
4,616

4,631
6,625

3,272
7,151

2,724
7,633

940
.29
/ 299,950
2,914
8,242

311
4,920

653
4,552

381
4,552

312
5,165

1,915
5,856

2,320
5,569

5,167

.24
.25

.33
.36

.34
.32

.34
.32

.33
.30

.35
.32

.33
.32

.29
.30

.24
.25

16, 623
11, 776
32, 463

9,941
5,836
' 23,124

9,607
6,686
21,323

5,399
5,684
17, 052

7,319
9,100
11,716

14, 300
5,280
15, 065

19, 391
11,177
19, 545

24, 516
12,444
28,252

210
.22

142
.23

a 227
.23

"313
.21

«447
.18

« 1,218
.17

* 531
.17

566
.15

406
.15

8,191
22,228

5,432
13, 506

6,513
11,323

3,778
10,174

7,937
13,307

22,446
27, 259

9,715
29, 042

5,421
28,532

157; 235
21, 635

357, 561
23,886

315,541
10,310

261,230 '234, 032 434,463
9,360 « 2,358
2,378

101, 676
° 5,428

.022

.022

.022

.022

.023

.020

.020

.22
.23
'2,908,045
12, 644
11,552
9,318
27, 534
30,724

237
.15

360
.15

582
.17

3,189
27,316

525
.15
1,242,437
3,745
26,310

4,352
26, 220

4,236
25,434

4,767
23,983

163,347
6,287

•176,704
21, 381

211, 802
20,102

153, 549
31,872

152,025
23,837

166, 291
28, 704

.022

.020

.020
f 39,356

.019

.019

.021

* New series. For earlier data see p. 20 of the November 1932 issue (barley) and p. 19 this issue (butter).
# Bulk evaporated milk not included since December 1931.
/ As of Dec. 1.
° Revised.
t Revised series. For earlier data see p. 19 of the April 1933 issue (American whole milk and total cheese stocks) and p. 20 of the January 1933 issue for others.
§ Data for 1932 revised. January 148,450.




40

SURVEY OF CURRENT BUSINESS

Monthly statistics through December 1931.
together with explanatory footnotes and references to the sources of the data, may be found
in the 1932 Annual Supplement to the Survey

1933

1933

April

June 1933

April

May

June

July

1933

Decem- January
October NovemAugust September
ber
ber

*etai-

March

FOODSTUFFS AND TOBACCO—Continued
GRAINS—Continued
Rice—Continued
Receipts, southern paddy, at mills
1,032
thous. of bbl. (1621b.)..
Shipments to mills, total
1,102
thous. of pockets (100 lb.)._
19
New Orleans....thous. of pockets (100 lb.) —
Stocks, domestic, end of month
1,833
thous. of pockets (100 lb.)..
Rye:
3
Exports, including
flour
thous. of bu_.
.43
Price, No. 2, Minneapolis
dolls, per bu._
• 30, 502
Production, crop estimate
thous. of bu
1,269
Receipts, principal markets*.-thous. of bu_.
Visible supply, end of month* thous. of bu.. 8,006
Wheat:
Exports:
1,754
Wheat, including flour ..thous. of bu._
194
Wheat only
thous of bu
Value, wheat and flour. (See Foreign
Trade.)
Prices, wholesale:
No. 1, northern, spring, Minn.
.63
dolls, per bu_.
No. 2, red, winter, St. Louis
.69
dolls, per bu._
.60
No. 2, hard, winter, K.C
dolls, per bu._
Weighted average, 6 markets, all grades
.64
dolls, per bu._
Production, crop estimate, total
thous of bu
Sprint wheat
thous. of bu
Winter wheat
thous. of bu • 337,485
Receipts
thous. of bu__ 15,753
Shipments
thous. of bu._ 13,421
Stocks, visible supply, world -thous. of bu
215, 204
Canada
thous. of bu
125,934
United States
thous. of bu
Stocks, held by mills (quarterly)
thous. of bu
Wheat flour:
Consumption (computed)
thous. of bbl._
332"
Exports
thous. of bbl..
Grinding of wheat
.thous. of bu._ 42, 442
Prices, wholesale:
Standard Patents, Minn...dolls, per bbl_. . 4.54
Winter, straights, Kansas City
3.48
dolls, per bbl..
Production:
9,268
Flour, actual (Census)
thous. of bbl..
Flour, prorated, total (Russell's)
thous. of bbl
742,019
Offal
thous. of lb
59
Operations, percent of total capacity
Stocks, total, end of month (computed)
thous. of bbl
Held by mills (quarterly)
thous. of bbl__

544

703

343

223

421

862

1,606

1,189

713

687

747

821

765
77

698
80

602
46

526
66

650
96

736
83

1,014
90

1,004
97

834
83

838
67

750
48

1,058
72

1,788

1,825

1,628

1,353

1,040

1,225

1,915

2,177

2,107

2,013

2,036

1,856

280
.45

228
.39

293
.32

259
.32

1
.34

1
.34

29
.32

1
.31

2
.31
/ 39,855

0
.33

1
.32

1
.35

396
9,493

882
9,416

344
9,368

353
8,955

1,458
9,052

991
8,700

587
8,485

423
8,030

610
7,993

608
7,934

286
7,790

546
7,688

11,885
9,354

« 8,831
° 7,284

8,086
6,088

4,841
3,208

« 5.613
3,899

4,226
2,479

4,422
2,656

5,995
3,714

3,549
1,728

3,313
1,793

2,176
729

2,105
456

.71

.68

.60

.57

.58

.58

.54

.49

.48

.50

.49

.53

.57
.53

.56
.54

.49
.46

.47
.45

.53
.48

.54
.48

.50
.45

.47
.43

.46
.42

.50
.44

.49
.44

.55
.48

.60

.61

.53

.48

.55

.55

.51

.49

.46

.48

.48

.53

27, 238
17,540
528, 700
224, 678
190, 310

17, 584
23,464
525,800
231, 342
177,025

726,831
/264, 680
/462,151
13,859
13, 604
592, 670
233, 592
168,958

12,814
8,375
643, 550
228, 647
158,228

9,869
7,481
620,400
223,439
148,426

12, 729
10,246

13,198
13, 221
529, 700
165,533
178,621

15, 344
15,942
488,200
147,927
171,775

8,022
539
37, 559

8,146
329
35, 344

4.49
3.08

13, 473
11, 507
444,800
138,890
166,651

'

41,006
17, 294
408, 200
121,005
177, 876

40, 732
19, 648
423, 600
108, 522
188,238

7, 771
425
35, 805

8,116
347
36, 023

8,759
«365
41,417

8,734
372
43, 015

10,156
376
42, 880

8,829
483
39, 841

10,130
387
38, 007

9,414
324
36, 949

8,513
308
33,133

4.43

4.16

4.02

4.16

4.14

3.92

3.72

3.74

3.80

3.71

3.35

3.12

3.10

3.24

3.21

3.00

2.84

2.85

3.00

2.75

3.04

8,197

7,739

7,820

7,828

9,005

9,395

9,382

8,719

8,323

8,077

7,216

« 8,867

8,631
659,666
50

8,330
616,696
49

8,056
627,664
48

8,473
631,452
50

9,207
731, 368
53

9,851
752,259
60

10, 632
762,369
57

9,812
691,984
55

9,517
660,411
51

9,178
646,950
52

4,975

4,830

4,690
3,191

4,700

5,155

5,900
4,245

6,000

6,500

5,500
4,012

4,940

4,900

5,660
3,718

1,032

1,033

1,018

956

1,002

1,096

1,088

1,042

1,014

1,061

919

993

1,083

1,094

1,000

910

955

1,038

1,059

1,059

1,172

1,239

1,019

1,052

1,012
60

1,020
60

940
55

844
52

751
45

637
40

544
37

513
35

620
43

717
47

751
46

749
42

386, 406
926

369, 054
« 1,183

375, 236
1,211

354,024
1,332

364, 867
1,130

404, 826
1,018

380, 576
796

357, 250
969

331,693
943

371, 847
927

77, 936

38, 410
21,313
497, 500
179,122
193,931
154, 037

147, 095

225, 360
136,724
116,910

a

9,127
351
40, 705
4.03

8,781
10, 238
572,587 ° 709,357
50
53

LIVESTOCK AND MEATS
Total meats:
1,031
Consumption, apparent
mills, of lb.
Exports, value of meats and fats. (See Foreign Trade.)
Production (inspected slaughter)
1,106
mills, oflb..
Stocks, cold storage, end of month total
788
mills, oflb..
45
Miscellaneous meats
.mills, of lb._
Cattle and beef:
Beef and veal:
Consumption, apparent
thous. of lb._ 377,071
1,561
Exports!
thous. of lb_.
Price wholesale:
Beef, fresh native steers, Chicago
.092
dolls, per lb._
Production, inspected slaughter
372,
635
thous. of lb.Stocks, cold storage, end of month

tattle ana calves:

thous. oflb._

Movement, primary markets:
Receipts
thous. of animals.
Slaughter, local
thous. of animals..
Slaughter, inspected. (See Leather and
leather products.)
Shipments, total
thous. of animals..
Stocker and feeder..thous. of animals..
Price, wholesale, cattle, corn fed, Chicago
dolls, per 1001b._
Hogs and products:
Movement, primary markets:
Receipts.thous. of animals _
Slaughter, local
thous. of animals._
Slaughter, inspected. (See Leather
and leather products.)
Shipments, total
thous. of animals._
Stocker and feeder.-thous. of animals._
Price, heavy, Chicago-dolls, per 100 lb_.

.128

.119

.118

.142

.144

.143

.136

.124

.113

.106

.105

.097

379, 758

362,834

369, 524

350, 521

360, 441

404,123

389, 873

361,405

332,357

365, 532

338, 763

370, 562

30, 501

41, 226

35, 655

29, 909

26, 719

24, 376

25, 909

36, 036

41, 029

42,870

39, 550

36, 015

" 33, 781

1,296
829

1,376
879

1,397
895

1,338
875

1,291
783

1,606
924

1,689
916

1,896
962

1,543
847

1,161
689

1,318
824

1,136
725

1,171
786

456
152

496
138

483
135

461
105

492
149

656
280

773
390

866
479

735
377

494
210

471
152

407
129

386
97

5.52

7.51

6.89

7.38

8.61

8.73

8.96

8.09

7.00

5.77

5.09

5.16

5.44

2,798
2,084

2,960
2,024

3,050
2,188

2,545
1,773

2,159
1,445

2,405
1,658

2,505
1,739

2,691
1,830

2,775
1,881

3,121
2,167

3,381
2,396

2,699
1,896

2,638
1,921

714
29
3.75

941
28
3.75

854
31
3.26

918
26
3.70

715
22
4.86

739
21
4.23

761
21
4.12

855
23
3.64

891
26
3.37

959
20
3.06

975
29
2.94

803
24
3.41

715
20
3.92

a
Revised.
• As of May 1.
§ Data revised for 1932. January, 1,211.




343, 608 « 373, 610
844
1,135

/ A s of Dec. 1.

' New series. For earlier data see p. 20 of the November 1932 issue.

41

SURVEY OF CURRENT BUSINESS

June 1933
Monthly statistics through December 1931,
together with explanatory footnotes and references to the sources of the data, may be found
in the 1932 Annual Supplement to the Survey

1932

1933
April

April

June

May

July

August

1933
Septem- October Novem- Decem- January- Februber
ber
ary
ber

March

FOODSTUFFS AND TOBACCO—Continued
LIVESTOCK

AND

I

MEATS-Continued

Hogs and products—Continued
Pork, including lard:
Consumption, apparent
thous. of lb_. 597,382
Exports, total
_thous. of lb_. 50,639
Lard
thous. of lb_. 38,741
fc
Prices:
H a m s , smoked, Chicago...dolls, per l b _ .
Lard:
P r i m e contract, N . Y
dolls, per lb._
Refined, Chicago*
dolls. perlb__
Production, inspected slaughter, total
thous. of lb__
Lard
thous. of lb__
Stocks, cold storage, end of m o .
thous. of l b _ .
Fresh a n d cured
thous. of l b _ .
Lard
thous. of lb._
Sheep a n d l a m b s :
Lamb and mutton:
Consumption, a p p a r e n t
thous. of R e production, inspected slaughter
thous. of l b _ .
Stocks, cold storage, end of m o .
thous. of lb._
Movement, primary markets:
Receipts
thous. of animals.
Slaughter, local
thous. of a n i m a l s . .
Slaughter, inspected. (See Leather a n d
leather products.)
Shipments, t o t a l .
. t h o u s . of a n i m a l s . .
Stocker a n d feeder
thous. of a n i m a l s . .
Prices, wholesale:
Ewes, Chicago.
dolls, per 1001b_.
L a m b s , Chicago
.dolls, per 1001b..
P o u l t r y a n d eggs:
Eggs:
Receipts, 5 markets
thous. of cases..
Stocks, cold storage, end of m o n t h :
Case..
thous. of cases..
Frozen
thous. of lb.

Poultry:
Receipts, 5 markets
thous. of lb.
Stocks, cold storage, end of mo.
thous. of lb_.

TROPICAL PRODUCTS
Coroa:
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 l b Receipts at ports, Brazil
thous. of bags_.
Stocks, world total, incl. interior of Brazil
thous. of bags_.
Visible supply, total excl. interior of Brazil
thous. of bags_.
United States..
thous. of bags..
Sugar:
Raw sugar:
Cuban movement:
Exports
long tons..
Receipts at Cuban ports
long tons..
Stocks, total, end of month
thous. of long tons—
United States:
Meltings, 8 ports f
long tons__
Price, wholesale, 96° centrifugal, New
York
dolls, per l b Receipts:
From Hawaii and Pto. Rico.Jong ton?..
Imports §
long tons..
Stocks at refineries, end of mo.f
long tons..
Refined sugar:
Exports, including maple §
long tons..
Price, retail, gran. N.Y
dolls, per lb__
Price, wholesale, gran. N. Y.dolls. per lb__
Shipments, 2 ports
long tons__
Stocks, end of month, 2 ports__.long tons..
Tea:
Imports
thous. of lb_.
Price, wholesale, Formosa, fine, N.Y.
dolls, per lb_-

586,533
45,955
36,014

628,785 646, 526 631,230 a631,981
53,500 62,827 47,358 59,558
44, 789 53, 573 35,897 • 49,919

634,850
88, 713
78,137

523,896
65,761
57, 773

561, 356
58, 351
47, 661

.116

.142

.136

.130

.131

.141

.137

.126

.118

.108

.107

.108

.114

.049
.058

.048
.059

.043
.053

.044
.056

.054
.066

.055
.069

.054
.066

.048
.065

.053
.062

.046
.055

.046
.052

.042
.051

.048
.055

677,378
139,066

644, 271
129,091

676, 267
137,816

575,327
124,753

509,181
103,411

643,777 789,467
128,446 163,864

819,244
175,438

628,937
131,985

623,747
127,436

710,524 910,071
629,673 799,064
71,851 111,007

923,969
795,866
128,103

854,634 764,670 679,453 568,909 467,958 433,644 531,938
724,271 643,052 578,876 498,253 433,548 403,898 490,850
130,363 121,618 100, 577 70,656 34,410 29, 766 41,088

627,925
575,084
52,841

667,503
609,321
58,182

671,914
610, 240
« 61,674
• 57,790

536,291 571,476 607,951
102, 679 105,696 112,063

56,428

59,049

54,868

55,256

50,419

58,415

62,129

60,447

53,421

50,030

54,482

51,720

56,397

58,876

54,847

55,268

50,438

58,713

62,823

61,449

53,366

49,910

53,761

51,400

57,939

1,764

1,061

1,018

1,010

1,012

1,305

1,983

2,974

2,904

2,767

2,029

1,683

« 1,818

2,097
1,152

2,412
1,269

2,429
1,360

2,428
1,338

2,240
1,199

2,919
1,447

3,239
1,330

3,265
1,340

2,203
1,107

1,657
919

1,914
1,083

1,795
1,020

1,844
1,099

948
107

1,155
143

1,072
100

1,087
172

1,049
181

1,457
460

1,892
535

1,900
803

1,145
501

749
196

820
108

776
82

747
65

1.88
5.18

2.75
5.81

1.50
5.18

1.53
5.75

1.50
5.91

1.88
5.03

1.63
5.03

1.50
5.05

1.56
5.17

1.75
5.38

1.75
5.53

1.75
5.44

1.75
5.38

1,082

1,035

853

738

605

618

1,050

6,431
99,112

5,960
92,967

4,895
84,187

3,225
74,314

1,199
64,150

163
40,450

a
1,833
» 45,090

2,280

1,917

1,971

4,848
63,009

2,982
81,920

5,380
94,978

6,339
100,485

159
55,339

75
46,448

18,617

15,499

18, 763

20,460

18,476

21, 751

24,739

32,140

73,950

74,866

30,153

21,975

17,879

45, 900

56, 676

44,829

36, 661

31,471

30, 305

36,683

54,989

91,118

111,642

104,833

88, 675

» 67,285

20, 324
.0388

15,971
.0445

10, 617
. 0435

* 7,371
.0419

9, 515
.0447

7,989
.0475

' 20, 212 19, 642
.0428
.0488

19, 730
.0408

19,873

25,181
.0367

22,853
.0358

14, 471
.0370

17,739

16,020

7,075

8,445

13, 256

10,808

9,481

22, 220

34,486

52,1S3

51, 234

29, 577

25,349

1,116
597
922
.078
1,588

1,315
803
793
.077
1,762

1,263
735
1,056
.084
1,564

865
448
1,079
.081
1,229

520
227
671
.079
885

612
301
601
.085
814

798
385
782
.094
926

1,339
657
923
.088
1,155

894
390
935
.082
1,196

962
403
945
.084
1, 785

1,303
784
911
.083
1,315

1,117
655
1,083
.085
1,401

1,245
678
1,109
.082
1,792

36,158

33,456

31, 683

U)

tt) (t)

31,828

31, 612

31, 005

29,819

28,956

27, 282

5,556
937

5,751
877

5,468

5,292
765

5,152
643

4,975
596

5,415
624

5, 287
584

5,508
562

5,154
545

5,296
714

5,778
703

244,391
234,461

110, 744
82, 586

134,690
111,873

190,983
106,496

291,832
141,147

84,873
76,992

114, 282

98, 478
64, 693

94,103
62, 549

342,037

735

2,922

3,202

3,155

345, 677 298,362

326,624

.031

.026

.026

.028

227,499
308,660

196,949
312,857

226,859
229,812

160,147
154,269

367, 545 514, 273

2,195

76, 727
2,038

1,653

1,535

1,444

232, 828

212, 808

215, 768

224,948

.030

.029

.027

.028

46, 544
189,146

37, 231
136,805

86,809
170, 779

125,149
163,821

170,909
258,951

193,899

152,131

147,879

200,163

281, 051

2,969
.049
.042
77, 390
66,431

2,616
.049
.041
88, 569
71, 385

2, 470
.049
.039
83,876
59,315

2,768
.047
.038
94, 278

3,325
.C48
.041
* 52, 654
1
26,046

10, 364

9,817

9,038

.175

.175

.175

1,838
386, 370 364, 664 352, 650 400,486
2S0, 791

2,854
.048
.042
66, 774
25, 605
7,067
.175

.030

.032
141,275
326,859

483, 487

433,151

5,538
.045
.037
67, 923
46,173

5,345
.045
.037
179,040

3,713
.046
.040
76,649

2,788
.048
.041
75, 990

92, 279

39,903

38, 011

5, 774

4,556

7,277

6, 278

8,004

.185

.185

Candy sales by manufacturers_thous. of dolls. _ 14,052 16, 340 14, 877
Fish:
Landings, fresh fish, principal ports
thous. of lb— 28, 426 26, 301 27, 083
Salmon, canned, shipments
cases..
128, 329 264,107
Stocks, total, cold storage, 15th of m o n t h
thous. of lb... 19, 236 ' 25,916 « 28, 622
» Revised.
• New series. Earlier d a t a not published.
t For revised d a t a for year 1932 see p . 41 of the M a y 1933 issue.

!

.163

.175

.175

12, 533

9,098

14,076

24, 737
378,040
34,304

.031

.032
107,743 87,802
220, 721 151,139
380,430 393, 734 313, 670 256,180
150,815
189,193

3,178
.048
.039
55, 679
37,132

MISCELLANEOUS PRODUCTS




587,485 551,136 579,170
57,634 48, 722 42,815
« 45, 339 34,886 34,973

609,273
53, 657
41,084

2,526
.048
.042
51, 423
39, 327
9,405
.175

3, 538
.049
.041
46, 070
39, 560
9,353
.175

65, 767
5,705
.175

.030

6,635
.175

21, 255

21,219

20,613

19,734

16,104

15,506

14,852

31,847
26,998
31, 265
453,062 1,014,716 1,098,118

33,069
501,737

18, 653
281,139

14,038
395, 267

17, 270
282,104

22, 325
631,818

24,158
516, 749

63,167 I 62,168

55,749

45, 756

35, 737

° 25, 855

41, 306

51,345

59,

209

t Missing data not available.
§ Data for 1932 revised. Imports, raw sugar, February, 264,585. Exports refined
sugar, March, 4,033.

42

SURVEY OF CURRENT BUSINESS

Monthly statistics through December 1931,
together with explanatory footnotes and references to the sources of the data, may be found
in the 1932 Annual Supplement to the Survey

1933
April

June 1933

1932
April

May

June

1933

Decem- January FebruOctober NovemAugust September
ber
ber
ary

July

March

FOODSTUFFS AND TOBACCO—Continued
TOBACCO
Leaf:
Exports §
_
Imports, unmanufactured
production, crop estimate

thous. of lb_.
thous. of Rethous. of lb_.

38,713
4,285

32,875
» 6,566

30,195
2,823

Stocks, total, including imported types
(quarterly)
mills, of lb_.
Flue-cured, fire-cured, a n d air-cured
mills, of lb_.
Cigar types
mills, of lb_.
Manufactured products:
Consumption (tax-paid withdrawals):
7,562
7,973
8,685
Small cigarettes
..millions..
Large cigars
t h o u s a n d s . . 321, 207 349,953 368, 553
Manufactured tobacco a n d snuff
thous. of lb_. 28,847 <* 27,762 27,810
Exports, cigarettes
t h o u s a n d s . . 131,016 186,194 268,304
Prices, wholesale:
6.042
6.042
4.851
Cigarettes
..dolls, per 1,000..
49.249
49. 247
Cigars
dolls, per 1,000.. 46. 062

30, 840
2,242

26, 762
2,421

24, 257
1,695

42,419
1,614

59,103
2,247

47,180
4,950

31, 842
4,147
/1,033,330

28,403
16,392

25, 796
7,397

36, 725
9,910

2,239

2,095

»2,145

2,278

1,715
427

1,606
403

• 1, 679
383

1,785
389

10, 560
400,406

9,534
361, 240

9,559
401,143

9,311
405,419

8,351
436, 832

7,614
419,173

7,319
254,136

8,622
296, 640

7,854
287,430

7,974
290, 111

30,678
177,959

26,733
195, 923

31,303
204,493

31,693
227,354

28,847
159,743

28,000
914,119

24,116
216, 297

27,786
207,980

24,446
146,038

27,456
238,126

6.042
49. 249

6.042
49. 247

6.042
49.135

6.042
48. 685

6.042
48. 685

6.042
48.685

6.042
48.685

5.292
48. 685

4.961
46.062

4.851
46.062

112

92

89

67

FUELS AND BYPRODUCTS
COAL
Anthracite:
Exports
thous. of long tons.
Prices:
Retail, composite, chestnut
dolls, per short ton.
Wholesale, composite, chestnut #
dolls, per short 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:
Consumption:
Coke plants
thous. of short tons.
Electric power plants t
thous. of short tons.
Railroads
.thous. of short tons.
Vessels, bunker
thous. of long tons.
Exports
...thous. of long tons.
Price, retail composite, 38 cities
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.

38

105

100

82

112

60

13.00

13.46

13.16

13.28

13.52

13.58

13.60

13.65

13.61

13.48

10.095
2,891
2,461
457

10. 539
5,629
5,014
1,733

10. 341
3,021
2,778
2,081

10.541
3,465
3,050
2,250

10. 774
4,108
3,664
2,263

10.909
5,234
4,758
2,261

10.932
4,271
3,881
2,164

10.921
5,089
4,512
1,732

12.228
3,807
3,326
1,236

10.874
* 4, 519
3,866
511

60

42

34

46

32

51

2,075
65
435
7.36
3.503
3.416
19,510

2,810

2,588

2,284

2,257

2,190

2,303

2,618

2,658

2,729

2,708

2,554

2,332
4,703
93

2,261
4,366
110

2,347
3,965
110

2,330
3,976
104
708

2,517
4,057
109
858

2,558
4,375
100
833

2,610
5,096
98
1,012

2,480
4,769
93
948

2,678
5,080
83
453

2,492
4,682
59

« 2,305
4,481
58
287

7.50

7.52

7.54

7.60

7.59

7.51

3.628

3.617

3.596

3.613

3.597

3.582

3.569
17, 857

3.554
22,489

3.568
26, 314

3.643
32, 677

3.657
30,632

3.642
31,110

3.566
3.614
27,060

3.581
23, 685

27, 504

30, 038

29,666

29, 046

23, 608

21

550

662

667

7.85

7.60

7.53

3.669
3.629
20, 300

3.640
3.599
18, 384

27,200

3.624
3.604
17, 749
26, 300

337

7.43

7.46

3.549

COKE
Exports
thous. of long tons..
Price, furnace, Connellsville
dolls, per short ton._
Production:
Beehive.-.
..thous. of short tons..
By-product
thous. of short tons..
Petroleum
thous. of short tons
Stocks, end of month:
By-product plants
thous. of short tons..
Petroleum, refinery
thous. of short tons.

14

43

25

53

61

87

60

63

51

27

1.75

2.25

2.21

2.13

2.12

2.08

2.08

2.05

1.91

1.88

47
1,656

56
1,883
149

45
1,743
159

41
1,537
145

38
1,523
153

41
1,474
150

46
1,544
150

68
1,739
155

81
1,752
147

96
1,786
150

2,847

3,566
1,520

3,615
1,554

3,742
1,537

3,975
1,544

4,221
1,515

4,223
1,484

4,028
1,434

3,857
1,393

3,515
1,330

22

23

1.81

1.75

82
1,785
95

84
1,639
107

93
1,666
147

3,308
1,236

2,831
1,172

2,703
1,149

PETROLEUM AND PRODUCTS
Crude petroleum:
74, 669
72, 327
65, 504
71,131
66,093
61,042
71, 455
63, 913
67, 271
66, 698
Consumption (run to stills).-.thous. of b b L .
65, 998
1,963
2,831
1,525
1,893
1,862
2,455
2,369
Imports
thous. of b b L . 2,910 « 7, 694 « 5, 089 a 7, 865
2,746
.860
.860
.823
.860
.860
.860
.860
.860
.380
.530
.745
Price, Kansas-Oklahoma
dolls, per bbl._
68, 523
63,384
64,835
66, 310
65,036
66, 220
65, 219
67, 717
63, 998
61,029
58,044
Production
thous. of bbl._
61
67
65
60
61
61
67
63
67
60
60
Refinery operations.
_.pct. of capacity
Stocks, end of month:
California:
92,940
95,322
93, 605
92, 249
94,256
94,895
95,048
95,457
95, 765
95, 590
Heavy crude and fuel oil..thous. of bbl._
95,933
42, 737
40, 264
42, 547
40,938
40, 405
40,149
40,367
39,996
39, 297
39,968
39,340
Light crude
thous. of b b L .
322,867 319, 552 316, 995 312,130 309,011 307, 523 305, 709 301, 331 293, 278 290, 404 '289, 342
East of California, total
thous. of b b L .
45, 277
47, 568
42, 222
47, 403
44, 641
43, 287
40, 507
39, 329
47,100 <• 46, 797
47, 902
Refineries
thous. of b b L .
280, 645 274, 275 269, 592 267,489 265, 724 267,016 266,380 253, 763 245,376 243,304 '242, 545
Tank farms and pipe lines.thous. of bbl
855
1,279
1,145
913
825
793
485
993
793
Wells completed
number. .
Mexico:
1,843
3,523
2,178
1,482
1,595
1,403
1, 776
1,372
Exports
thous. of bbL_
1,577
2,925
2,641
2,923
2,705
2,514
2,570
2,547
2,899
Production
thous. of b b L . 3,008
2,506
2,463
° 2 ' i 961
Venezuela:
11, 260
11,004
9,582
7,794
8,394
8,377
8,661
10, 313
9,104
9,340
8,124
8,087
Exports...
_
..thous. of b b L .
10, 648
8,834
8,767
10,481
10, 579
9,551
9,430
8,803
9,171
9,058
9,309
Production
thous. of bbl
Refined products:
Gas and fuel oils:
Consumption:
555
731
625
«580
540
637
707
649
755
780
703
Electric power plantsf
thous. of b b L .
2,963
3,003
2,825
3,345
3,019
2,882
2,699
2,855
3,077
2,703
2,898
Railroads
thous. of bbl._
3,436
3,243
3,714
2,702
2,916
2,763
2,751
2,779
3,248
2,826
3,066
3,350
Vessels, bunker
thous. of bbl
Price, fuel oil, Oklahoma, 24-26 refineries
.435
.438
.419
.415
.470
.475
.425
.331
.400
.563
.425
.556
dolls, per b b L .
#a Price converted to short-ton basis.
t For revised data for year 1932, see p. 42 of the May 1933 issue.
Revised.
§ Data for 1932 revised. February, 31,219; March, 29,420.
/ As of Dec. 1.




67,984
3,803
.380
75, 302
63
94, 554
39,909
295,349
246,460

2,825
10,076
9,945

«670
2,785
2,813
.363

June 1933
Monthly statistics through December 1931,
together with explanatory footnotes and references to the sources of the data, may be found
in the 1932 Annual Supplement to the Survey

43

SURVEY OF CURRENT BUSINESS
1933
April

1933

1933
April

May

June

July

August

Septem- October Novem- Decem- January Februber
ary
ber
ber

March

FUELS AND BYPRODUCTS—Continue
PETROLEUM AND PRODUCTS—Con.
Refined products—Continued
Gas and fuel oil—Continued
Production:
Residual fuel oil*
thous. of bbl__
Gas oil and distillate fuels*
thous. of bbl-_
Stocks:
Residual fuel oil, east of California*
thous. of bbl_.
Gas oil and distillate fuels, total*
thous. of bbL_
Gasoline:
Consumption..
thous. of bbl__
Exports
thous. of bbL.
Exports, value. (See Foreign Trade.)
Price, wholesale:
Drums, delivered, N.Y dolls, per gal._
Refinery, Oklahoma
dolls, per gal-.
Price, retail, service station, 50 cities
dolls, per gal._
Production:
At natural gas plants
thous. of bbl._
At refineries
thous. of bbl~
Retail distribution (41 States) t
mills, of gal
Stocks, end of month:
At natural gas plants
thous. of bbl_.
At refineries
thous. of bbl
Kerosene:
Consumption
thous. of bbl
Exports
thous. of bbl
Price, 150° water white, refinery, Pa.
dolls, per gal__
Production
thous. of bbL.
Stocks, end of month
thous. of bbLLubricating oil:
Consumption
thous. of bbl._
nptic
Pa.
Price, cylinder
oil, refinery, Pa.
:ylini
dolls, per gal._
Production
thous. of bbl._
Stocks, refinery, end of month
thous. of bbl
Other products:
Asphalt:
Imports
thous. of short tons..
Production
thous. of short tons
Stocks, refinery, end of month
thous. of short tons
Coke. (See Coke.)
Wax:
Production
thous. of 1b
Stocks, refinery, end of month
thous. of lb

19, 766

20, 030

19,105

19, 526

17, 793

17, 403

17,113

18, 068

18,491

18,578

17,156

19, 246

5,738

5,890

5, 207

5,191

5. 519

5, 665

6,382

5,582

5,980

6,885

6,451

6,845

22, 920

24, 237

24, 807

26, 353

26, 829

26, 000

23, 494

21, 874

19, 928

18, 911

18, 069

17, 714

11, 607

12, 396

13, 477

15, 408

16, 971

17, 905

18,495

16, 775

14,110

12, 683

11, 549

11, 557

3,024

30, 488
3,568

31,571
4,418

38, 766
3,369

31,317
2,200

35, 207
2, 260

33, 645
2,569

32, 255
2,213

30,294
2,356

27,191
1,830

26, 442
2,251

23, 312
1,729

28, 227
1,829

.143
.023

.143
.053

.140
.052

.130
.054

.150
.046

.144
.047

.153
.046

.151
.037

.135
.028

.135
.026

.135
.026

2, 876
30, 508

2,543
27, 676

2,771
31, 577

.136

3,102
33, 093

.137

.142

.140

3,079
34, 599

2,812
33,312

2,812
33, 705

952

691
.047

.116

.135
.051

139
050
137
2 819
32] 883

.125

.130

.130

.126

2,793
30, 908

2,924
33, 212

2,855
32, 072

2,888
31, 254

1, 057

1,109

858

801

a

768

a

690

810

1,061
46, 624

1,054
45, 246

812
38, 526

757
38, 959

616
36, 700

586
32, 806

576
32, 207

478
32, 720

449
35, 404

539
37, 691

651
35, 652

752
36, 882

3,292
578

2,814
858

2,128
1,068

1,854
858

2,279
998

2,581
1,081

3,115
944

3,621
970

3,149
630

3,656
872

3,274
615

2,975
629

.046
3,762
4,417

.052
4,092
4,812

.051
3,523
5,134

.050
3, 629
6, 033

.049
3,497
6,247

.048
3,449
6,018

.048
3,463
5,465

.048
3,801
4,672

.048
4,097
4,974

.049
4,363
4,794

.048
3,691
4,574

.048
3,877
4,827

1,587

1,535

3,054

1,011

951

932

1,143

1,115

1,042

859

1,101

1,143

.163
1,910

.174
2,036

.178
2,290

.180
1,958

177
1, 587

.159
1,648

.108
1, 713

.131
1,644

.133
1,625

.133
1,827

.119
1, 621

.113
1,794

9,139

8,809

7,323

7,991

7, 965

8,182

8,245

8,375

8,796

8,812

0
211

250

255

234

1
232

1
239

1
229

1
177

1
141

3
102

0
95

391

414

409

386

298

292

248

280

276

272

294

36, 680

39, 760

36,400

31,640

184, 486

194,973

198, 526

202, 023

38, 920
206, 461

3
124
304

36, 680

31, 360

33, 320

35, 000

36, 680

28, 000

36,400

200, 581

188,637

180, 441

163,628

160, 240

147, 849

136,785

LEATHER AND PRODUCTS
HIDES AND SKINS
Imports, total hides and skins§.-thous. of lb.
Calf and kip skins
thous. of lb.
Cattle hides
thous. of lb.
Goatskins
thous. of lb.
Sheep and lamb skins
thous. of lb.
Livestock, inspected slaughter:
Calves
thous. of animals.
Cattle
thous. of animals.
Hogs
thous. of animalsSheep
thous. of animals.
Prices, wholesale:
Packers, heavy native steers, Chicago
dolls, per lb.
Calfskins, No. 1 country, Chicago
dolls, per l b .
LEATHER
Exports:
Sole leather
thous. of lb.
Upper leather§.
thous. of sq. itProduction:
Calf and kip*.
thous. of skins.
Cattle hides*
thous. of hides.
Goat and kid*
thous. of skins.
Sheep and lamb*
thous. of skins.
Prices, wholesale:
Sole, oak, scoured backs (Boston)
dolls, per lb.
Upper, composite, chrome, calf, black,
" B " grade
dolls, per sq. ft.

17,516
3,445
4,463
6,222
1,150
426
616
3,847
1,409

• 18, 505 16, 786
2,474
1,869
6,406
5,138
• 5, 884 6,082
2, 544
2,282

17, 366
2,575
4,120
6,126
3,081

10,174
2,867
1,007
3,432
1,760

8,617
2,691
1,238
2,009
1,625

8,545
3,337
985
2,106
1,011

• 16, 700
2,829
6,871
4,183
1,464

° 21, 777
« 3,099
« 6, 636
3,677
5,585

18, 046
2,350
4,776
5,303
3,653

14, 728
2,591
3,288
4,795
2,127

12, 916
1,987
2,545
4,266
2,688

14, 256
1,816
3,127
5,454
2,090

428
650
3,714
1,497

399
616
3,930
1,444

394
638
3,320
1,529

324
614
2,802
1,384

362
633
1,579
2,970

366
718
3,252
1,667

389
694
3,605
1,601

376
627
3,778
1,388

327
567
4,584
1,264

345
612
4,700
1,332

317
569
3,647
1,250

617
3,602
1,413

.062

.050

.043

.043

.049

.066

.081

.073

.065

.055

.054

.048

.052

.076

.058

.045

.046

.049

.063

.076

.082

.068

.061

.066

.061

.066

168
4,541

259
5,828
865
1,193
3,297
1, 772

160
« 4, 522

155
4,715

137
6,162

130
5,807

222
5,748

137
« 5, 276

134
4,484

86
5,071

162
6,005

1,129
1,030
2,724
1,560

1,232
1,082
3,379
2,170

1,180
1,272
2,571
2,907

1,126
1,325
2,651
4,002

946
1,330
2,835
3,212

894
1,311
3,205
1,797

839
1,276
3,431
1,897

871
1,233
3,320
2,163

920
1,303
3,451
2,123

822
1,175
2,770
1, 847

125
172
• 5, 481 • 4, 343
759
934
1,049
1,060
2,959
2,939
1,598
1,623

.23

.31

.28

.27

.27

.27

.28

.29

.28

.26

.25

.23

.241

.270

.250

.241

.238

.243

.250

.252

.250

.242

.235

.233

.23
.236

LEATHER MANUFACTURES
Gloves and mittens:
127, 794 100, 402 104,979 99,806 156,121 223,879 294, 668 269, 609 181, 693 142, 476 152, 378
Production (cut), total..
.dozen pairs.
166, 375
50,965
64,169 43, 535 47, 618
77,989 104, 471 132, 222 128,020
Dress and street
dozen pairs.
70, 608
53,152
72,106
83,188
Work
dozen pairs.
63, 625 56, 867 57, 361 48, 841 78,132 119, 408 162, 446 141, 589 111, 085 89,324 80, 272
83,187
° Revised.
* New series. For earlier data see p. 20 of the February 1933 issue (gas and fuel oil) and p. 19 of this issue (leather),
t For revised figures for year 1932 see p. 43 of the May 1933 issue.
§ Data revised for 1932. Imports, total hides and skins, January, 18,023; February, 17,047; goatskins, January, 4,407. Exports, upper leather, January, 6,548; February,
8,091; March, 4,995.




44

SURVEY OF CURRENT BUSINESS

Monthly statistics through December 1931,
together with explanatory footnotes and references to the sources of the data, may be found
in the 1932 Annual Supplement to the Survey

1933

June 1933

1932

April

April

May

June

July

1933

Decem- January FebruAugust SeptemOctober Novem-!
ber
ary
ber 1 ber

March

LEATHER AND PRODUCTS—Continued
^LEATHER MANUFACTURES—Contd.
Shoes:
Exports..
thous. of pairs..
Prices, wholesale:
Men'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 pairs..
Women's
thous. of pairs..
Misses' and children's
thous. of pairs..
Slippers, all types
thous. of pairs..
All other footwear.
..thous. of pairs..

93

84

60

42

76

58

67

74

70

35

41

5.50

5.75

5.75

5.75

5.75

5.75

5.75

5.75

5.50

5.50

5.50

5.50

5.50

3.85

4.25

4.25

4.05

3.85

3.85

3.85

3.85

3.85

3.85

3.85

3.85

3.85

3.25

3.50
25, 946
5,343
1,270
9,636
3,410
2,266
4,021

3.50
22,497
5,424
1,112
7,528
2,469
2,382
3,582

3.43
23,562
5,851
1,183
7,884
2,527
2,601
3,516

3.35
20, 442
5,135
1,181
7,825
2,173
2,220
1,907

3.35
30, 785
6,822
1,613
13, 670
2,598
3,426
2,656

3.35
33, 885
7,886
1,846
13,644
3,023
4,688
2,798

3.35
33, 070
8,044
1,997
11,213
3,020
5,929
2,867

3.35
25,149
6,917
1,810
5,470
2,284
6,405
2,263

3.30
20, 096
5,397
1,513
5,938
1,976
3,255
2,017

3.25
22, 717
5,763
1,442
9,283
2,482
1,368
2,378

3.25
« 26, 384
« 6, 092
1,448
° 11,360
« 2,879
«1,852
2,752

3.25
28, 374
6,786
1,532
11,467
3,075
2,395
3,119

LUMBER AND MANUFACTURES
LUMBER
Exports, all types*
M ft.b.m.-.
Retail movement:
s. Dist.:
Retail yards, Ninth Fed. Res.
M ft.b.m.
Sales.
M ft.b.m.
Stocks, end of month..
s. Dist.:
Retail yards, Tenth Fed. Res.
.M ft.b.m.
Sales
M ft.b.m.
Stocks, end of month.__

I
75, 080

78, 024

73,145

63,917 ! « 55,163 65, 267

79, 639

62, 637

68,322

70, 582

49, 626

67, 719

4,124
69, 025

5,207
68,381

6,609
66,826

5,867
65,402

6,703
63, 216

6,484
60,992

6,730
58,329

4,808
55, 911

1,916
54, 295

1,685
54, 292

1,237
54,949

1,952
56, 253

2,026
28,029

2,159
32, 553

1,743
32,366

1,751
31,965

1,922
31,460

2,319
30,247

2,429
29,294

2,411
28, 683

1,785
28,324

1,281
28,105

1,615
27,371

1,530
27,214

1,662
27, 031

75,185

Flooring
Maple, beech, and birch:
Orders:
New
Unfilled, end of month
Production..
Shipments
Stocks, end of month
Oak:
Orders:
New
Unfilled, end of month
Production
Shipments
Stocks, end of month

M
M
M
M
M

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

2,452
3,899
1,078
2,097
17, 238

1,925
4,268
2,646
2,200
22,940

2,030
4,102
2,179
2,325
22, 852

2,457
4,317
2,598
2,281
22,898

2,117
3,946
1,264
2,264
22, 216

2,893
4,022
1,067
2,816
20, 212

3,179
5,102
1,545
2,402
19,145

1,920
4,793
1,718
2,031
19, 025

1,390
3,968
1,624
1,902
19,119

1,588
4,269
1,736
1,590
19,413

1,155
3,432
1,359
1,496
19, 261

1,083
3,206
784
1,318
18, 712

1,501
3,420
736
1,246
18,483

--M
M
M
M
M

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

9,654
15,568
7,553
9,479
50,190

12.090
15, 753
12.091
12, 555
56,066

11,147
12,444
11, 683
12,939
52, 598

9,130
9,355
10,334
10, 253
51,336

7,120

16, 508
12, 599
11,008
11, 626
53, 067

13, 506
13,359
11,087
11, 739
53, 729

10, 371
14, 259
10,574
10, 657
50,418

4,241
12,945
8,136
5,918
53,138

3,238
11, 766
5,926
4,327
54, 752

4,164
11, 556
5,501
4,433
55, 200

14, 636
5,784
6,074
55,171

7,616
15,095
4,959
7,573
52,130

101
246
68
105
2,260
2,015

68
252
49
75
2,217
1,965

79
238
60
86
2,166
1,928

90
230
60
86
2,118
1,888

226
64
98
2,058
1,832

65
460
395

65
451
386

52
440
388

51
425
374

52
411
358

61
608
547

53
600
547

71
614
543

73
594
521

67
584
517

1,063
8,729

1,396
6,523

4,519
9,351

6,647
8,892

19, 085
22,178

23, 326
24, 588

25, 720
17, 720

15, 379
17, 865

24,878
34,425

94,901
81,920

106,093
85, 053

105, 645
120,865

97,140
109, 674

141,457
107,883

6,97'
7,699
51,143

Hardwoods
Hardwoods (Southern and Appalachian districts):
Total:
Orders:
101
114
154
105
113
New
mill.ft.b.m..
90
83
270
272
Unfilled, end of month
mill.ft.b.m-.
242
256
227
265
275
98
Production
_
mill.ft.b.m..
101
94
68
71
59
68
109
98
102
135
113
128
Shipments
mill.ft.b.m..
86
2,622
2,610
2,648
Stocks, total, end of month. ..mill.ft.b.m..
2,323
2,550
2,498
2,417
2,351
2,368
Unsold stocks
mill.ft.b.m-.
2,376
2,234
2,141
2,066
2,323
Gum:
Orders, unfilled, end of month
68
62
73
75
mill.ft.b.m-.
61
65
536
528
546
532
538
Stocks, total, end of month...mill.ft.b.m..
523
481
468
484
416
Unsold stocks
mill.ft.b.m-.
471
466
448
460
Oak:
Orders, unfilled, end of month
64
67
52
76
mill.ft.b.m..
57
76
Stocks, total, end of month...mill.ft.b.m..
705
703
661
634
624
699
683
641
636
585
559
554
Unsold stocks
mill.ft.b.m-.
643
631
Northern hardwoods:
2,196
2,421
1,538
526
4,767
933
Production
M ft.b.m..
1,683
6,735
6,732
11, 536
7,896
7,138
8,490
10,968
Shipments
M ft.b.m..
!
Softwoods
Fir, Douglas:
Exports :§
22,344 19,326 24, 603 19, 221 18,276 21,035 24, 809
Lumber
M ft.b.m..
24,150 18, 233
Timber
M ft.b.m..
8,546 18,172 14,453 23, 647
7,377
Orders:
106, 540 107,883 104,750 106, 540 116,836 153,543 112,360
Newif
M ft.b.m..
62, 671 71,176 60,432
Unfilled, end of month
M ft.b.m..
57, 747 81,024 119, 074 76,100
Prices, wholesale:
9.52
9.63
8.66
8.96
8.93
9.37
No. 1 common
dolls, per M ft.b.m-8.61
Flooring, 1x4, " B " and better
21.72
20.02
21.22
22.42
20.64
20.60
dolls, per M ft.b.m-.
20.50
102, 511 99, 826 88, 634 79, 681 89,977 96,244 113,255
Production!
M ft.b.m.122, 656 112, 360 111,464 95, 797 105, 645 111,464 128,923
Shipments^...
M ft.b.m_.
Hemlock, northern:
1,302
1,682
889
976
2,433
Production
M ft.b.m..
1,567
4,931
7,097
7,061
4,579
5,507
Shipments
M ft.b.m..
6,587
5,412
Pine, northern:
8,792
7,605
6,824
6,286
Orders, new
M ft.b.m.. 9,352
6,543
5,046
10,428
2,628
3,336
6,689
3,809
Production
M ft.b.m.. 1,246
2,234
2,267
4,406
6,482
7,969
9,783
5,826
6, 657
Shipments—
M ft.b.m__ 8,317
11, 788
1 Data for April, July, October, December, 1932 and March 1933 are for 5 weeks; other months, 4 weeks.
* New series. See p. 20 of November 1932 issue for earlier data.
° Revised.
§ Data revised for 1932. Lumber, January, 40,950; March, 18,789; timber, February, 13,333.



8.93

8.97

8.58

9.50

10.67

20.80
94,454
105, 645

20.68
81, 920
82, 815

20. 61
93, 558
96, 244

21.58
97, 587
104, 302

21.30
105,645
119,970

1,598
4,314

1,458
1,843

2,088
2,868

2,305
3,109

6,139
1,296
6,298

4,643
0
5,403

4,218
0
4,126

4,954
0
4,379

5,050
0
4,966

June 1933
Monthly statistics through December 1931,
together with explanatory footnotes and references to the sources of the data, may be found
in the 1932 Annual Supplement to the Survey

45

SURVEY OF CURRENT BUSINESS
1933
April

1933

1932
April

June

May

| July

August Septem- October

i

Decem- January
ber

ber

March

ary

LUMBER AND MANUFACTURES—Continued
LUMBER—Continued
Softwoods—Continued
Pine, southern:
Exports:
Lumber §
_M ft.b.m.. 21, 427 22, 905 27, 288
Timber §
_
_M ft.b.m..
4,831
4,772
9,836
Orders:
New
M ft.b.m.. 112,854 110,397 102, 802
Unfilled, end of month
M ft.b.m.. 67, 414 62,475 61, 740
Price,
flooring
dolls, per M ft.b.m..
20.91
17. 55
19.60
Production
M ft.b.m.. 88, 752 106, 224 100, 303
Shipments
M ft.b.m.. 110,019 116,963 101, 528
Redwood, California:
!
Orders:
New
M ft.b.m.. 17, 965 17,053 14,887
Unfilled
M ft.b.m.. 19,113 24, 043 22,153
Production
M ft.b.m_.
9,804 12, 292 10, 702
Shipments
. . . M ft.b.m-. 15, 731 16, 545 16, 326
FURNITURE
I
Household:
I
All districts:
Plant operations*
percent of normal..
27.0
31. 0
Grand Rapids district:
Orders:
Canceled
percent of new orders..
18.0
7.0
17.0
New
no. of days' production..
6
Unfilled, end of
month
no. of days' production..
Outstanding accounts, end of
month
no. of days' sales..
26
21
Plant operations t
percent of normal..
24.0
16.0
Shipments
no. of days' production..
7
6
Southeastern district:
Orders, unfilled, end of
month...
dolls., average per firm11, 388
10, 213
Shipments
dolls., average per firm30, 959
25,814
Prices, wholesale:
Beds
1926=10068.8
68.6
Dining-room chairs, set of 6
1926=100.
91.0
89.5
Kitchen cabinets
1926=100.
95.3
95.3
Living-room davenports
1926=100.
69.8
69.8
Steel furniture. (See Iron and Steel Section.)

19, 224
3,695

20,109
2,278

24,454
6,787

20, 876
5,254

18, 232
5,024

17, 300
7,684

95, 947
43, 572
19.52
90, 634
99, 619

90, 715 149,149 134,018 144, 316 90, 589
45, 724 79, 847 81, 645 74, 958 50,184
17.75
18.33
18.35
17.05
17.86
83, 239 91, 241 80,181 113,467 99, 470
94, 038. 125, 056 127, 280 154, 329 107,000

67, 529
44, 014
17.37
75,161
73, 690

95,685
57, 377
17.80
85, 494
84, 271

75, 575
55,419
17.06
77, 798
81,071

113,044
63, 838
17.44
87, 401
100, 714

12, 300
18,456
11, 329
14, 857

10, 791
19,334
8,057
9,470

12, 708
21, 886
12, 253
13,451

13, 630
24,460
12, 603
10, 989

12,151
18,824
14.319
13, 581

11,973
18, 302
14, 603
12, 269

13, 744
17, 493
12,147
14, 207

39. 0 '

43.0

39.0

33.0

27.0

18.0

7.5 j

13.0
8

18.0
5

7.0
9

7.0
6

13.0
6

21, 634 j 23, 985
8,921 | 6,173

13, 990
19, 943
11,023
12, 862

26. 0 !

24, 781
6,902

21, 460
5,621

15,866 I
23, 247
10, 829
11,921

15,415
22, 798
11,101
15, 636

28.0 i

24.0

8.0 j
6

4.0
11

6.5
10

7

6

7

5

5

19
22.0

21
14.0

21
22.0

27
31.0
12

27
34.0
12

26
33.0
9

25
33.0
6

24
22.5
6

20
19.0
7

19
10.0
5

8,820
20,106

20,850
20, 684

23, 799
36,325

26, 788
40, 252

22,407
43,665

11,042
32, 549

9,290
16,277

20, 448
25, 975

15, 286
33, 660

68.6
89.5
95.3
69.8

64.4
89.5
91.4

64.4
89.5
78.4

64.4
89.5
91.4

64.4
89.5
91.4

63.9
89.5
91.4
69.8

63.9
89.5
91.4
69.8

62.1
89.5
87.5
73.6

62.1
89.5
87.5
73.6

62.1
89.5
74.1
73.6

« 56, 023 «54,139
34, 924
29, 390

56, 720
21,892

63, 936
19, 748

80, 567
22,114

28.69

2i 5.31

28. 35

57

55

54

661
14

634

593
a 45

14 I

10 !

i

METALS AND MANUFACTURES
IRON AND STEEL
Foreign trade, iron and steel:
Exports §.
long tons.. 100,395
Imports *
long tons.. 28,061
Price, iron and steel
composite
dolls, per long ton..
28.16
Sales, iron, steel, and heavy hardware
January 1921 = 100..
59
Ore
Iron ore:
Consumption by furnaces
thous. of long tons..
Imports
thous. of long tons..
Receipts:
Lake Erie ports and furnaces
thous. of long tons..
Other ports
thous, of long tons..
Shipments from mines._thous. of long tons..
Stocks, total, end of month
thous. of long tons..
At furnaces
thous. of long tons..
Lake Erie docks
thous. of long tons..
4,969
Manganese ore, imports (manganese content) #
thous. of long tons..
3

58,086
35, 935

80,477 « 52,093
52, 558
39, 751 « 34, 487 «18, 496

32, 955
23, 623

36,038
29, 241

a

41,22a
33, 706

29.75

29.62

29. 54

29.48

29.33

29.32

29.32

29.12

88

83

79

72

80

81

86

76

1,040
90

918
80

645
17

607
25

697 I
19 i

735
16

696
40

116
105
234

470
78
640

619
88
722

549
172 '
641 I

614
220
927

299
57
250

32,159
26, 784
5.375

32,059
26, 761
5,298

32,164
26, 896
5,268

32, 457
27, 234
5,223

32,084
26,893
5,191

0 I
26 I
44 j

39
79
111 !

I

33,479
27, 962
5,517
14 !

32,700 i
27,167
5,533 ;

32, 324
27,083
5,241

28.93
65 |

630

0 I
0 !

0i
31,490
26,328
5,162

0
0
0

0
0
0
30,812
25, 680
5,132

30,152
25, 047
5,105

29, 557
24,486
5,071

0

Iron, Crude, and Semimanufactures
Castings, gray-iron:
Orders:
59
64
New
av. tons per foundry..
56
61
80
50
54
50
Unfilled, end of month
47
49
av. tons per foundry..
64
52
49
49
41
44
51
49
48
58
65
69
62
Production
av. tons per foundry..
67
78
74
77
59
65
66
65
78
86
67
90
96
Receipts (materials)__av. tons per foundry..
76
103
103
85
83
96
64
90
72
246
210
232
236
Stocks (materials)
av. tons per foundry..
266
237
231
252
217
221
236
242
258
Castings, malleable: *
12, 380
12,404
11,077
Orders, new
short tons.. 17,856
14,504
14, 304
16,185
7,776
12,850
16,463
13,330
10, 582
8,658
9,756
Production
short tons.. 17,871
12, 577
13, 575
14,128
15,461
6,804
12, 274
13, 622
16, 597
15, 018
9,447
10,051
11.2
Percent of capacity
_
14.8
16.0
16.2
18.0
8.0
14.5
16.0
21.0
19.5
17.3
11.1
11.6
10,967
Shipments
short tons.. 16, 666
14,068
14, 248
16,847
12, 745
18,075
16, 450
14, 366
11, 359
8,631
9,746
11,615
Pig iron:
Furnaces in blast, end of month:
15, 580
Capacity
..long tons per day.. 22, 805
18,820
18, 910
27, 730
22, 965
16, 225
15,810
20,860
18, 955
17, 525
19, 205
20,170
38
Number
._.
45
45
42
53
42
60
49
51
46
46
48
47
Prices, wholesale:
13.50
13.50
Basic (valley furnace)-.dolls, per long ton..
13.50
13.50
13.50
14.50
13.50
13.50
14.20
14.00
13.50
13.50
13.50
14.68
Composite pig iron
dolls, per long ton..
14.68
14.75
14.74
14.68
14.69
15.20
15.05
14.73
14.71
14.93
14.85
14.81
Foundry, no. 2, northern (Pitts.)
16.39
dolls, per long ton16.39
16.39
16.39
16.39
16.39 |
16.89
16.59
16.39 i
16.39
16.39
16.39
16.39
542
554
Production
...thous. of long tons.
624
569
572
531
593 !
645
631
853
628
546 I
784
* New series. For earlier data see p. 20 of November 1932 issue (iron and steel imports) and p. 20 of the April 1933 issue (castings). Furniture activity, all districts, not
published.
° Revised.
# Imports from Cuba not included.
t Revised. Earlier data not published.
§ Data revised for 1932. Lumber exports, January, 16,458; February, 20,151. Timber exports, February, 3,686. Iron and steel exports, February, 40,490; March, 49,928.




46

SURVEY OF CURRENT BUSINESS
1933

Monthly statistics through December 1931,
together with explanatory footnotes and references to the sources of the data, may be found
in the 1932 Annual Supplement to the Survey

April

June 1933

1932
April

May

1933

July |Augustj S <t* r m - October Novem-j Decem- January

June

March

ary

METALS AND MANUFACTURES—Continued
IRON AND STEEL—Continued
Iron, Manufactured Products
Cast iron boilers and radiators:
Boilers, gas-fired:
Production
thous. of B.t.u..
Shipments, quantity
thous. of B.t.u..
Shipments, value
dollars..
Stocks, end of month
thous. of B.t.u..
Boilers, range:
Orders:
New
__number of boilers..
Unfilled, end of month, total
number of boilers..
Delivery, 30 days or less
number of boilers..
Delivery, more than 30 days
number of boilers. _
Production
number of boilers..
Shipments
number of boilers..
Stocks, end of month ..number of boilers..
Boilers, round:
Production
thous. of lb__
Shipments
thous. of lb
Stocks, end of month
thous. of lb__
Boilers, square:
Production
thous. of lb__
Shipments
..thous. of lb._
Stocks, end of month
_.thous. of lb._
Boiler fittings, cast iron:
Production..
...short tons..
Shipments
short tons..
Boiler fittings, malleable:
Production
short tons..
Shipments
short tons..
Radiators:
Productiou.thous. of sq. ft. heating surface.
Shipments..thous. of sq. ft. heating surface..
Stocks, end of month
thous. of sq. ft. heating surface..
Radiators, convection type:
New orders:
Heating elements only, without cabinets or
grilles.thous. of sq. ft. heating surface#_.
Heating elements, including cabinets and
grilles.thous. of sq. ft. heating surface#_.

23, 904 12,416 16,820 37, 732 58,786 100, 732
61, 706 57, 723 48,281 49, 406 76, 265 91,465
62,025 55,874 60, 321 47, 751 79,831 81, 844
07, 537 666,109 615,225 613, 533 591,220 555,483

9,207
87, 771 83, 731
94,748 58, 680 42,911
97,193 52,446 41,382
531,238 563, 333 521,374

64, 989 48, 454
42, 662 42,169
38, 243 26, 543
528,238 559,851

20, 837
29, 004
25,979
554,391

39, 024

40,148

44,883

35, 891

26, 555

30, 750

39,326

51,073

35, 551

27, 564

35, 774

29,985

36,338

8,872

6,437

7,890

9,224

5,304

6,585

6,900

8,320

6, 333

8,073

6,016

<* 6, 247

4, 967

7,397

4,787

5,974

5,993

3,260

4,952

5,290

6,917

4,591

5,639

3,586

a 4,146

3,289

1,475
34, 866
35,119
25, 590

1,650
38, 458
39, 948
24, 690

1,916
43,434
43, 430
24,694

3,231
34,960
34,557
25, 097

2,044
32,124
30,475
26, 746

1,633
28, 796
29,469
26,073

1, 610
37, 297
39,011
24,359

1,403
48,912
49, 653
23, 618

1,742
36,923
37, 538
23,003

2,434
29,375
27, 582
26,195

2,101
2,430
39,991 27,042
37,831 • 29, 801
28, 355 25,827

2,392
2,559
2,225
1,881
1,680
2,685
3,891
2,799
3,240
2,309
38, 308 37, 920 37, 239 35, 794 34,273
5,874
12, 984
9,142
9,734
6,140
6,868
6,315
9,276 13,653
8,181
128, 690 128, 244 126, 505 126, 826 123,174

3,648
6,225
31,963

6,220
8,896
29, 617

3,639
4,704
28,734

1,823
3,552
26, 863

2,035
2,102
24,517

13,793
19,113
118,280

16,824
25,845
109.730

11, 003
4, 918
13, 335 10,434
107, 572 101,448

6,144
6,410
99,032

2,279
2,133
24, 736

1,678
38,251
37,618
25, 843
1,811
1,772
24, 235

7,602 | 6,211
5,567 I 4,860
110, 585 ' 100,409

1,577
2,322

1,678
2,919

1,863
3,189

1,760
2,908

1,455
2,029

1,655
2,665

2,426
3,461

3,187
3,954

2,787
3,019

1,717
2,165

1,401
2,319

1,514
2,161

1, 284
1, 586

1,243
2,262

1,526
1,925

1,267
1, 622

1,274
1,503

1, 229
1,537

1,743
2,215

2,128
2,027

1,804
1,701

1,025
1,115

995
1,375

1,088
1,433

1,592
2,228
1,100
1,302

3,070
2,367

1,857
2,726

1,894
2,917

1,388
3,392

1,975
4,340

2, 751
5,331

4,472
7,630

4,299
4,816

3,236
3,474

2,547
2,001

2,992
1,634

2,231
1,542

39, 586

38,748

37,868

35,935

33, 688

31,270

28, 363

27, 967

27, 838

28, 250

29, 646

30,417

71

103

85

156

126

87

54

70

33

35

209

218

191

196

165

211

142

102

62

Sanitary Ware
Bathroom accessories: *
Production
number of pieces.^
Shipments
number of pieces..
Stocks, end of month
number of pieces..
Plumbing brass. (See Nonferrous metals.)
Plumbing and heating equipment, wholesale
price (8 pieces)*
dollars..
Porcelain enameled flatware:
Orders, new, total
dollars..
Signs
dollars..
Table tops
dollars..
Shipments, total
dollars..
Signs..
..dollarsTable tops
dollars..
Porcelain plumbing fixtures:
Orders:
New, net
number of piecesUnfilled, end of month_.number of pieces.
Shipments
number of pieces.
Stocks, end of month
number of pieces.
Vitreous china plumbing fixtures:
Orders:
New, net
number of pieces.
Unfilled, end of month..number of piecesShipments
number of pieces.
Stocks, end of month
number of piecesWoodwork, plumbers':
Orders:
New, net
number of piecesUnfilled, end of month..number of piecesShipments
number of piecesStocks, end of month
number of pieces.

26, 562 33, 453 29, 620 30, 785 28, 664 35,136
35,879 35,415 33, 666 31, 673 42, 555 45,811
672, 258 668,862 667, 842 660, 518 646, 627 644, 438

34,182
49,410
621,195

25,138 24, 095 24, 033 20,119
36,360 23,623 27,088 33, 562
613, 227 612, 702 608, 851 593, 720

182.03

191. 78

191.33

190. 97

192. 96

192. 31

192. 57

193. 28

192. 43

471,456
191,658
121,182
385, 865
186, 543
104,820

532,439
236, 565
78,238
546, 255
230,164
84, 497

519,270
216, 077
90, 377
528,084
222,803
91, 527

450,013
202, 098
87, 486
475, 787
206, 686
96, 276

349,496
148, 089
52, 011
406, 066
193,279
54, 218

366,279
131, 644
75, 650
422, 290
175, 715
83, 075

412,119
123,861
94,831
453,808
159,400
101, 582

460,683
157, 678
123,484
461,617
146,812
121, 222

385, 718
172,933
77, 681
404, 273
172,467
83, 551

1,698
2,776
1,885
11, 339

1,244
3,379
1,275
16, 309

1,465
3,289
1,519
16, 302

1,960
3,141
1,789
15, 324

2,079
3,240
1,878
15, 036

3,217
3,455
2,991
14,479

3,628
3,980
3,021
13, 560

2,788
3,747
2,900
14, 580

2,547
3,405
2,799
13,053

116,036 103, 406
141,423 128, 994
114,633 115, 835
560,152 539, 693

100, 969 80, 890 98,156 77,424
118,837 109, 923 109, 297 91, 738
111, 126 92, 751 98, 782 94,983
523, 324 520,194 512, 697 504,039

80, 226 92, 254 112, 636 77, 247 95, 232 141, 736
75, 548 69,355 81, 288 80,112 70, 669 77,443
85, 643 98, 447 100, 703 78,423 104, 675 134,962
158,860 149, 500 145, 224 140, 272 135,110 118,921

14, 315
29,698
420, 318

186. 40

182. 80

182. 00

362,371 236, 234
216,931 87,158
46, 475 48,685
389, 683 249,817
232, 611 101,148
55,899 48, 202

'278, 361
102, 219
° 59, 574
'271, 694
'113, 582
"50,424

344,76a
144, 615
75,177
324,114
126, 671
72,983

1,643

1,404
2,884
1,399
11,811

2,104
2,991
1,936
11,490

192. 63

1,708
3,124
1,833
13,838

1,442
13, 343

86, 721 65, 426 56, 687 80, 283
87, 601 83,826 85, 480 79, 903
91,061 66,437 57, 594 89, 395
486, 470 496,039 518, 245 506,126
94, 226 71,413 55,366
78, 670 78,157 60,967
94,392 71,926 72,330
117,633 115, 330 111, 847

«71, 303
°72,684
"60,400
112,416

* 77, 531 118,697
99,332
«76,802
* 80, 632 96,167
472, 472 443,858
°70, 737
"72, 657
«70, 764
112, 457

77,781
71,170
79,268
113,953

Steel: Crude and Semimanufactured
Bars, steel, cold finished, shipments.short tons.
16,624
11,818
Castings, steel:
Orders, new, t o t a l . . .
short t o n s . . 14,507
12,459
Railroad specialties
short t o n s . .
4,692
2,889
Percent of capacity-._
10
9
Production, total
short tons.- 12,071
17,100
Railroad specialties
short tons._
2,806
3,895
Percent of capacity
_.
8
12
Ingots, steel: t
Production
thous. of long tons..
1,335
1,234
Percent of capacity--_
25
22
Prices, wholesale:
Composite, finished steel
dolls, per lb_.
.0206
.0217
Steel billets, Bessemer (Pittsburgh)
dolls, per long t o n .
26.00
27.00
° Revised.
* New series. For earlier data, see p . 20 of the January 1933 issue
radiators not published.
t For revised data for year 1932 see p. 46 of M a y 1933 issue.
# In equivalent direct radiation.




14,406

13,144

13,431

7,229
7,229

9,572

12,209

11,934

11,111
2,843
8
14,225
3,010
10

12,488
1,971
9
12,507
2,379
9

9,301
9,301
1,968
6 6
11,460
2,609
8

10,147
1,531
1,531
7 7
12,
331
12,331
2,465
8

11,882
3,337
8
11,334
2,520
8

11,896
2,998
8
12,531
2,617
9

13,235
13,283
2,918
2,680
9
9
9
13,712
13,886
3,672
2,721
9
10

12,759

13,253

14,196

8,726

12,942
3,088

11,857
2,489

11,458
2,784
8
13,209
3,285

1,102
20

894
16

790
790
15
15

829
829
14

971
17

1,065
19

1,011
18

843
15

1,009
18

«1,064 i
20

°891
15

.0217

.0217

.0217
.0217

.0217
.0217

.0216

.0216

.0215

.0214

.0212

.0210

.0210

27.00

26.50

26.00 \

26.00

26.00

26.00

26.00

26.00

26.00

26.00

26.00

8
13,951 12,438
2,753
2,259
10
9

(price series). Earlier figures on bathroom accessories not published. Earlier data on convection type

47

SURVEY OF CURRENT BUSINESS

June 1933
1933

Monthly statistics through December 1931,
together with explanatory footnotes and references to the sources of the data, may be found
in the 1932 Annual Supplement to the Survey

1932
April

April

May

June

1933

Decem- January
August SeptemOctober November
ber
ber

July

February

March

METALS AND MANUFACTURES—Continued
IRON AND STEEL—Continued
Steel: Crude and Semimanufactured—
Continued
Prices, wholesale—Continued
Structural-steel beams (Pittsburgh)
dolls, per lb._
Steel scrap (Chicago)-dolls, per gross ton..
U.S. Steel Corporation:
Earnings, net
thous. of dolls__
Orders, unfilled, end of month
thous. of long tons_.

.0160
7.00

.0160
6.00

.0160
6.40

2, 327 |

.0160
5.75

.0160
5.69
d

.0160
6.25
d

3, 363

2,177 2,035

.0160
5.25

.0160
6.00
d

4, 475

3, 828

.0160
5.25
3, 795

1,854

1,841

387, 050 330, 359 275, 354 453, 083
373,190 300, 570 292, 201 269, 755
19.7
21.6
26.7
21.0
376, 647 307, 372 292, 609 272, 432
34, 043 27,160 26, 752 24, 075

510, 737
373, 340
27.2
371,945
25, 470

218
197

128
176

a 245
« 193

1,985

1,997

526, 491 1,029,439 977,857 790, 623 729, 669 617,165
401, 086 447, 379 434, 092 651,916 352,614 362,993
26.0
31.3
30.0
45.0
24.6
29.2
402, 506 452,191 432, 455 654,561 353,336 360, 509
24, 050 34,180 35,817 33,172 32,450 34,934
291
236
245
322
351
225
403
239
263
331
235
328

613, 373
395, 640
28.4
398,241
32, 333

475, 318
422, 637
30.2
417, 470
37, 500

467
443

232
379

316
301

156
215

1,966

.0160
5.25
d

1,968

1,970

1,865

.0160
5.25

Steel: Manufactured Products
Barrels, steel:
Orders, unfilled, end of month
number...
Production
number..
Percent of capacity
Shipments
number. _
Stocks, end of month
number..
Boilers, steel, new orders:
Area
thous. of sq. ft..
Quantity
number of boilers. _
Furniture, steel:
Business group:
Orders:
New
thous. of dolls..
Unfilled, end of month., .thous. of dolls..
Shipments
thous. of dolls..
Shelving:
Orders:
New
thous. of doils.Unfilled, end of month thous. of dolls..
Shipments
thous. of dolls. .
Safes:
Orders:
New
thous. of dolls._
Unfilled, end of month thousl of dolls. _
Shipments
thous. of dolls..
Lock washers, shipments
thous. of dolls..
Plate, fabricated steel, new orders, total
short t o n s Oil storage tanks
sthor tons..
Sheets, black, blue, galvanized, and full finished :
Orders:
New
short tons..
Unfilled, end of month
short tons..
Production, total..
short tons..
Percent of capacity .
Shipments
short tons—
Stocks, end of month, total
short tons..
Unsold stocks
short tons..
Structural steel, fabricated:
Orders, new
short tons..
Percent of capacity
Shipments
short tons__
Percent of capacity
Tin and terne plate: *
Production
thous. of long tons..
Track work, production
short tons—

447
374
405

689
497
754

634
478
653

655
462
672

554
493

574
524
543

551
536
578

577
582
622

577
577
582

589
551
611

552
521
583

449
505
464

419
442

160
169
134

192
261
191

152
217
196

187
226
177

114
185
155

125
169
141

153
180
146

144
181
142

139
194
125

153
142
135

106
127
121

117
139
104

142
143
138

84
180
117
90

157
215
150
92

120
220
115
102

102
180
143
78

116
207

97
214
102
50

94
200
108
52

98
191
107
66

102
169
116
65

84
171
82
82

112
198

58

129
219
118
43

117
209
106
59

9,062
2,983

14, 0C8
1,400

11, 788
2,360

18, 383
2,808

12,485
3,661

11,916
4,394

11,109
3,753

16, 737
5,941

7,873
1,446

9,510
3,154

11,128
1,501

16,588
8,347

» 8, 903
1, 270

103,011 91,414 85,191 66, 301 66,132
99,510 85, 228 85,195 77,432 81, 283
101, 559 96,180 85, 232 60,956 57,417
15.3
25 8
26.6
22.8
16.3
61,284
104, 637 106, 893 90,157 73,191
116, 339 121, 366 121,946 114,518 107, 680
71,318 74,966 74, 642 68,450 58, 651

78, 925
86, 570
89,817
23.9
75, 490
107,624
58, 797

94,656
90, 707
108, 111
28.7
92, 424
105, 833
60, 257

66, 274
77,339
90, 679
26.6
76, 866
103, 321
60,177

76, 962
84,390
77, 489
22.7
67.412
94, 658
57.413

75,615 80, 550
77, 509 83,760
85, 337 91, 723
27.8
25.9
79,234 72, 772
94, 783 100, 688
54, 831 57, 296

83, 295
91,993
64, 724
19.6
74, 880
95, 606
52,199

118, 594
111,311
111,942
34.5
100,353
91, 859
47, 815

94
1,662

MACHINERY AND APPARATUS
Air-conditioning equipment:
Orders, new, total
thous. of dolls..
412
Air-washer group
thous. of dolls..
235
Fan group
thous. of dolls..
97
Unit-heater group
.thous. of dolls..
Electric overhead cranes:
Orders:
39
New
thous. of dolls..
Unfilled, end of month
thous. of dolls..
228
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:
19.4
New
1922-24=100.
14.7
Unfilled, end of month
1922-24=100..
55.1
Shipments....
1922-24=100
Fuel equipment:
Oil burners:
Orders:
2,755
New
no. of burners..
526
Unfilled, end of month...no. of burners..
2.844
Shipments
no. of burners..
7,526
Stocks, end of month.
no. of burners._
Pulverized fuel equipment:
Orders, 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..
d
Deficit for
Revised.




64, 800
16
68,400
17

90, 800
23
73, 600
18

101
3,340

96
3,061

86, 800
22
83, 200
21
101
1,975

709
92
386
230

795
111
414
270

31
397
46

72

51, 600 145, 600
36
13
76, 000 68, 800
19
17

69, 200
17
83, 600
21

78, 800
20
85, 600
21

111, 200
28
90, 800
23

74, 400
19
86, 400
22

83

75
1,797

77
1,430

88
1,245

267
452
278

578
48
332
198

546
35
290
221

632
38
334
260

739
48
360
331

670
72 |
287 '
311

230
231

411
62
209
141

» 345
a 41
186
118

* 350
« 60
187
103

47
396
48

61
425
30

13
422
18

37
401
51

67
414
61

31
222
42

209
43

12
220
29

13
177
44

21
189

39
196
32

137
47, 751
50, 557

96
32,379
41, 798

116
39, 409
43, 693

49
17,371
15, 685

78
34, 627
28,099

63
25, 259
33,122

69
26,829
31,810

78
26, 266
28, 772

46
18,792
22,102

13.8
24.4
21.4

18.5
19.7
24.5

14.2
23.1
11.1

18.7
25.8
16.5

18.6
15.2
29.8

11.9
17.6
10.2

23.2
24.4
17.6

11.8
22.4
14.5

18.6
13.3
24.7

68.4
58.5
23.2

16.1
60.0
14.6

9.8
50.4
19.7

4,250
512
4,206
9, 334

4,899
544
4,867
10,067

4,371
473
4,442
10,137

4,688
568
4,593
9,850

7,319
647
7,240
9,645

11,621
1,071
11,197
8,319

12,036
939
12,168
6,772

3,920
464
4,395
6,935

3,371
779
3,074
7,812

1,694
646
1,827
7,813

1,956
311
2,019
7,534

2,878
615
2,574
7,162

0
0

0
0

0
0

1
0
5

0
0
3

0
0
10

quarter.

:

82
1, 765

80
1,845

85

New series. For earlier data see p. 20 of the December 1932 issue.

1,822

82
2,013

48

SURVEY OF CURRENT BUSINESS

Monthly statistics through December 1931,
together with explanatory footnotes and references to the sources of the data, may be found
in the 1932 Annual Supplement to the Survey

1933

1932

1933
April

June 1933

April

June

May

July

Decem- January FebruAugust SeptemOctober Novemary
ber
ber
ber

March

METALS AND MANUFACTURES—Continued
MACHINERY AND APPARATUS—Con.
Fuel equipment—Continued
Stokers, mechanical, new orders:
Class 1, Residential *
number..
Class 2, Apartment and small commercial *
:
number..
Class 3, General commercial and small
commercial heaters *
number..
Class 4, Large commercial: *
Number
Horsepower
Machine tools:
Orders:
New
__ 1922-24=100..
Unfilled, end of month
1922-24=100..
Shipments
.1922-24=100. .
Pumps:
Domestic, water, shipments:
Pitcher, hand, and windmill
units..
Power, horizontal type
units..
Measuring and dispensing, shipments:
Gasoline:
Hand operated.__
--..units..
Power
units..
Oil, grease, and other:
Hand operated..
units..
Power
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, .units..
Water systems, shipments
units..
Woodworking machinery:
Orders:
Canceled
thous. of dolls..
New.
thous. of dolls..
Unfilled, end of month
thous. of dolls..
Shipments:
Quantity
...machines..
Value
thous. of dolls..
NONFERROUS METALS AND
PRODUCTS
Metals
Aluminum:
Imports, bauxite
-long tons..
Wholesale prices:
No. 1, virgin, 93-99, N.Y
dolls, per lb..
Scrap, cast, N.Y
dolls, per lb..
Babbitt metal:
Production, total
thous. of lb_.
For own use
thous. of lb_.
Sales
-thous. oflb..
Copper:
Exports, refined§
short tons..
Imports, total§
short tons..
Ore and blister
short tons..
Price, electrolytic, N.Y
dolls, per lb-.
Gold. (See Finance.)
Lead:
Ore:
Receipts in U.S. ore
short tons..
Shipments, Joplin district
short tons..
Refined:
Imports
short tons..
Price, pig, desilverized, N.Y..dolls, per lb..
Production
short tons..
Shipments, reported
short tons..
Stocks, end of month
short tons..
Silver. (See Finance.)
Tin:
Consumption in manufacture of tin and
terneplate *
long tons..
Deliveries
..long tons..
Imports, bars, blocks, etc
long tons..
Price, Straits, N.Y
dolls, per lb..
Stocks, end of month:
World, visible supply
long tons..
United States..
long tons..
Zinc:
Ore, Joplin district:
Shipments
short tons..
Stocks, end of month
short tons..
Price, slab, prime, western (St. Louis)
dolls, per lb..
Production, total (primary)
short tons..
Retorts in operation, end of mo._.number..
Shipments, total
short tons..
Domestic
..short tons..
Stocks, refinery, end of month_._short tons..
Electrical Equipment

286 !

293

312

432

757

1,248

1,299

709

521

251

307

23

33

43

44

143

200

187

89

55

24

27

18

29

16

14

46

82

100

102

50

64

33

29

22

14, 909

69
12, 689

113
25, 096

114
25, 068

137
26, 058

166
29,139

117
20,819

91
13, 283

98
18, 375

63
12, 248

55
11,113

84
16, 550

41
63
51

39
65
32

27
41
45

32
42
29

36
45
32

15
35
27

13
28
22

22, 778
350

25, 607
534

19,532
527

23, 712
747

18, 680
388

19, 983
412

22, 595
324

14, 247
334

12, 415
331

12, 772
256

17,819
258

18, 303
269

19,073
303

1,745
4, 925

2,674
6,228

2,937
6,693

2,573
5,619

2,411
5,697

1,731
4,316

1,813
4,692

1,681
4,442

1,080
2,941

1,144
2,974

965
3,221

1,418
4,048

20, 958
-576

28, 230
649

39, 479
675

3,080
6,883
36, 707
532

21,965
366

23, 752
751

28, 305
1,647

25,105
972

30,031
493

20,408
355

14, 754
401

14,918
290

15, 651
367

466
1,093
435
167
3,706

449
1,726
592
329
5,934

488
1,693
516
286
6,209

441
1,559
571
237
6,769

391
1,450
493
154
5,441

387
1,369
437
185
5,818

437
1,333
450
263
5,0S8

387
1,310
399
217
3,999

368
1,193
378
185
3,188

359
1,051
494
182
2,258

277
1,012
310
208
3,533

424
1,103
318
190
2,908

404
1,066
434
a
171
2,778

2
133
205

13
150
237

4
165
248

1
162
289

11
167
171

97
201

113
114

153
193

134
164

159
175

2
124
179
100
111

5
113
187

120
152

2
187
256
114
175

5
147
195

130
199

1
139
249
195
173

161
221

82
132

4
163
237
126
174

104
98

63
81

19, 235

16, 386

15, 844

10,809

11,008

11, 553

10, 481

9,546

10, 777

11,176

10, 974

.2290
.0300

.2290
.0300

.2290
.0315

.2290
.0400

.2290
.0400

.2290
.0400

.2290
.0400

.2290
.0400

1,320
325
994

1,406
298
1,108

1, 573
381
1,193

1,265
321
945

1,149
326
824

1,346
272
1,074

1,178
260
918

1,135
193
942

* 8, 240 a15,821 <* 8, 318 « 5, 839
4,944
6,636
* 8, 329 7, 067
4,944
6,609
* 7, 881 6,277
.0513
.0573
. 0522 .0598

" 9, 826
10, 301
9,604
. 0481

12, 567
8,768
8,187
.0478

12,515
8,004
8,004
.0478

12,139
8,563
8, 548
.0501

20, 755
2,615

21, 245
1,990

25, 465
2,298

24, 037
2,298

1,220
5, 563
.0305
.0347
20, 498 21, 092
27, 682 31,045
173,159 171,445

1,113
.0305
24, 465
23, 065
175,532

480
.0300
21,173
24, 089
176,157

22, 580 22, 299
1,915
1,887
200
2,531
.0300
.0300
24, 615 20, 033
19, 030 17, 349
184, 693 189, 751

13, i

I
28
78 |
30

4, 807

18, 740

. 2290
.0416

. 2290
.0411

.2290
.0362

.2290
.0303

.2290
.0300

1,544
274
1, 270

1,419
359
1,060

1,346
398
948

1,319
461
858

1,276
405
871

10, 614
7,214
5,423
. 0540

14, 140
17,910
8,800
.0557

16, 852
18, 242
7, 110
. 0524

10, 679
28, 139
15,719
. 0515

7,576
4,936
4,936
.0505

17, 835
2,552

24, 784
1, 452

23, 578
1,277

24, 584
952

20, 939
976

183
. 0326
23, 385
25, 044
196,901

5,892
.0300
23. 236
26, 270
170,104

1,626
.0300
25.902
25,105
174, 452

;

20, 421
1,346

20, 333
770

a

5, 470
381
5, 534
.0275
.0324
.0299
17,118
26, 068 15,819
22, 295 20, 448 29, 624
181,044 180, 978 175,907

.0315
24, 684
21,950
194, 251

I
1, 460
4, 555
4,274
.2715

1, 600 j
3,440
3,100
. 1924

42, 541
2,040

50, 716
3,546

19,830
17,167

18, 008
85, 010

.0330
21, 449
22, 405
19, 381
19,336
142, 447

.0273
20, 575
20, 796
18,032
18, 032
132,020

1.500
3,135
3,725
.2095

1,600
3,540
3, 234
.1964

1,400
2,265
3,098
.2093

1,200
2,585
2,399
.2296

1,100
2,680
2,663
.2476

1,400
3,130
3,063
.2392

1,300
3,240
« 2, 582
.2332

1,300
2,645
3,786
.2269

1,360
3,725
2,802
.2270

1,400
3,045
2,262
.2350

1,310
3,330
2,830
.2434

50, 562
3,981

48,945
3,759

49,125
4,559

47,177
4, 459

47, 739
4,191

47, 048
4,291

47, 471
3,441

45, 796
4,496

44, 223
3,461

43,160
2,741

43, 528
2,281

7,192 12, 032 24, 715
7,745
13,469 13,992
84, 581 74, 069 70, 454 67,902 64,136 51, 201
.0332
.0303
.0253
.0276
.0254
.0278
18, 605 16, 423 14, 716 13,611 13, 260 15, 217
20, 850 18, 742 18, 295 14, 514 14,915 17, 369
16, 360 20, 638 19,152
12,841
18,050 14,971
18,050 14, 951 12, 841 16, 321 20, 618 19,132
132, 575 134, 027 135, 902 133,153 125, 775 121,840

22, 280
42,891

23,948
37, 500

30, 875
24, 515

10,976
19,987

.0309
16, 078
19,753
15,970
15,950
121, 948

.0312
18, 653
21,023
15, 745
15, 725
124, 856

22, 262
18, 343
.0302
.0267
19, 828 20, 076
22, 660 23,389
15,040 15, 280
15, 000 15, 280
129,644 134, 440

.0299
22,095
22, 375
16,156
16,156
140, 379

I

1,045
1,705
1,984
1,363
1,877
1,341
Conduit, nonmetallic, shipments.-thous. of ft_. 1,091
1,865
1,129
1,272
1,180
1,622
Delinquent accounts, electrical trade. (See
Domestic trade.)
334
620
Furnaces, electric, new orders
kilowatts.. 2,157
591
205
247
100
341
106
1, 792 j 220
- Revised.
* New series. For earlier data see p. 19 of the January 1933 issue (stokers) and p. 20 of December 1932 issue (tin consumption).
§ Data for 1932 revised. Exports, March, 12,893. Imports, total,'January, 39, 071, February, 27,964, March, 22,456. Imports, ore and blister, February, 12,1




252

846
211

49

SURVEY OF CURRENT BUSINESS

June 1933

1933

Monthly statistics through December 1931,
together with explanatory footnotes and references to the sources of the data, may be found
in the 1932 Annual Supplement to the Survey

April

1932
April

June

May

July

August

1933
Decem- January Febru°»£m- October Novemary
ber
ber

S

March

METALS AND MANUFACTURES—Continued
NONFERROUS METALS AND
PRODUCTS—Continued
[
Electrical Equipment—Continued
Electrical goods, new orders (quarterly)
thous. of dolls..
Laminated phenolic products, shipments
dollars. _ 391,055
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
thous. of dolls..
Porcelain, electrical, shipments:
Special.
dollars.. 25,722
Standard
dollars.. 17,197
Power cables, shipments
thous. of ft..
288
Power switching equipment, new orders:
Indoor
dollars..
Outdoor
dollars..
Radiators, convection type. (See Iron and steel.)
Reflectors, industrial, sales
_..units.. 30,223
Vacuum cleaners, shipments
number...
Vulcanized fiber:
Consumption
thous. of lbs__
Shipments
thous. of dolls..
206
Welding sets, new orders:
Multiple operator
units..
Single operator
__units_.
Miscellaneous Products
Brass and bronze (ingots and billets):
Deliveries
____"_
net tons..
Orders, unfilled, end of month
net tons..
Brass, plumbing:
Shipments *
number ol pieces.
Brass sheets, wholesale price, mill
dolls, perlb..
Copper, wire cloth:
Orders:
Make and hold-over, end of month
thous. of sq. ft..
New
thous. of sq. ft.
Unfilled, end of month
thous. of sq. ft_
Production
thous. of sq. ft..
Shipments
thous. of sq. ft_.
Stocks, end of month
thous. of sq. ft..
Fire-extinguishing equipment. (See automobiles.)

2,274
16,408

98,1

73,881

75,319 i

408,410

386,001

60
63

57
61

'55
55

302, 526
187,096

219,293
203, 503

175,105
169, 601

444, i

327,913

284,779 375,849 I 456,720 379,687
49
47

48 !
45
191, 601
149,407

163, 242
134, 651

51
56

325, 004 299, 259 294,230

311,439

29
50

28
48

136,566
168, 266

150,571
141,313

46
65

160,016 129,488 150,283
137, 704 124, 546 146,813

45
56

46
58
186, 285 108,871
133,950 83,679

183

156

176

193

179

142

173

191

146

137

32,451
19,874

34,805
19,488
592

25,479
15,030
684

22,468
15, 295
646

32,074
19,121
696

37,257
20.820
544

49, 051
22, 688
420

42, 664
15,715
343

29,007
11,450
.282

20,310
14,721
254

27,897
15,770
439

38,311
17,188
285

21, 043
51,156

17, 876
52,388

17, 695
52, 695

15,472
50,108

22,064
48,058

20,316
45,139

13, 345
26, 216

15, 343
38, 000

17,703
58, 618

19,799
42,173

25,096
33,784

10,812
36,482

34, 538
50,913

32, 327
39, 068

33,163
30,299

22, 061
21,697

35,094
30,088

38,453
38, 000

25,381
43,340

206

1,047
260

29, 699
38, 727
948

25,952
30,106

753
216

35,327
36,178
903
245

27, 668
28,462

838
249

37, 736
33.821
664
753
203 !
255

876
204

811
192

874
187

1,969
17,002

1,646
16, 648

1,492
16,373

1,261
15,934

1,421
14,952

1,586
15,591

641,498 ; 789,862 837, 258 637, 923 446, 608 526,447
!
.125
.125
.110
.125
.120 .124

.110

.110

518
257
110
220
220

542
317
118
267
265
832

494
208 '

I

4
70

o!
70 I

2,081
18,403

1,707
17, 760

1,920
18,186

1,397
17,421

794,431

749,424

748,916

604,154

.115

.125

.123

.120

.120

549
281
102
256
238
845

548
264
142
280
285
981

564
200
93
194
222
950

535
209
71
213
197
949

501
253
126
199
241
892

1,758 2,112
18, 790 18, 336

533
310
117
281
283
878

525
309
103
299
306
865

503
288
103
308
276
901

506
301
115
289
275
800

507
249
130
253
227
921

487
275
106
241
257

PAPER AND PRINTING
WOOD PULP w
Chemical:
m
Consumption and shipments, total
short tons..
159,202 151, 876
Soda
..short tons..
21,922
21,900
Sulphite, total
short tons__
105, 514 101,416
Bleached
short tons..
36, 598
35,672
Unbleached
short tons..
18, 738
19,122
Sulphate
short tons..
30, 766
28, 058
Other grades
short tons..
1,000
502
Imports§
short tons.. 62,409 66, 540 66, 555
Price, wholesale, sulphite, unbleached
dolls, per 100 lbs..
1.58
1.58
1.53
Production, total
short tons..
167, 812 155, 830
Soda
short tons..
22,928
22, 676
Sulphite, total
short tons..
111,534 102, 738
Bleached
short tons__
37, 760
35, 240
Unbleached
short tons..
22, 052
19,976
Sulphate
short tons..
32,838
29, 652
Other grades
short tons..
512
764
Stocks, end of month, total
short tons..
35, 796
35, 740
Soda
short tons..
3,926
3,706
Sulphite, total.
short tons..
27,092
26,826
Bleached__
short tons..
5,814
6,246
Unbleached
short tons..
7,020
6,818
4,852
Sulphate
short tons..
4,488
Other grades
short tons..
192
454
Mechanical (ground wood):
Consumption and shipments
short tons..
103, 380 105,842
Imports
short tons..
14, 710
13,115
Production
_.short tons..
114,862 112, 325
Stocks, end of month
short tons..
104, 386 109,918
PAPER
Total paper, incl. box board and newsprint:
Production
short tons..
536,930 505,998
Percent of capacity
62
59
Shipments
short tons..
560,757 518,522
Stocks, end of month
short tons..
408,046 420, 535
Book paper:
Orders, new:
Coated
percent of normal production..
50
43
Uncoated—percent of normal production..
55
55
* New series. Data prior to October 1931 not published.



137,842 132,876 151, 502 157, 202 172,764 163,454 143,140 159, 268 163,366
16, 446 17,284 21,190 21,106 21, 274 20,572 16,910 20,580 20,066
92,870 88,120 99, 404 103,368 111,602 107,684 96,036 108,022 113,326
31,394 29, 276 30,138 34, 784 37,158 34,972 32,466 43, 314 44,500
17, 576 17,466 22, 364 22,756 24, 590 23, 646 18,010 22, 744 24, 274
28,030 26,936 30,034 32,076 39, 294 34,736 29,596 30,040 29, 290
626
684
536
462
598
874
652
594
496
71, 692 61,127 73, 721 °78, 095 119,612 •142, 363 146, 289 138,971 98,431
1.53
1.53
1.58
1.53
1.58
1.58
1.58
1.58
1.58
147,038 134, 774 151, 632 159,028 175,610 164,856 144,150 165,182 162, 710
17,892 16,192 20,094 19,852 21,102 19,604 16,448 19,934 18,978
98, 682 88,982 99,644 103,586 111,452 108,152 95,036 111,610 112,602
32,124 27,480 30, 546 35,940 36,986 34, 906 31, 558 41, 964 41,422
21, 556 21,408 24, 012 23, 582 26,424 24, 238 17,916 27, 288 28,008
30,096 29,042 31,162 34,840 42, 366 36, 604 31,992 33,080 30, 466
664
674
558
368
496
558
732
690
750
38,830 36,302 34,184 32, 020 30, 534 29,148 28,624 54,536 50,128
2,368
2,840
4,418
3,224
3,318
3,498
2,942
3,504
3,896
29, 558 27, 412 26,768 24, 694 22, 378 21,846 20,464 46, 744 43, 680
6,544
5,156
6,074
5,166 23,116 20,038
6,312
6,140
4,748
7,452
6,950
5,744
6,152
6,484
5,268 13, 602 14,996
7,186
4,528
3,712
4,080
4,252
3,658
3,644
3,822
4,510
4,646
326
206
422
434
442
510
348
304
400

98,460
14,169
92,452
103,911

81,148
11, 626
73, 006
95, 769

91, 772
77, 397
81, 394

89,437
«17, 896
74,998
66, 955

92, 235
17,876
85, 573
60, 294

98,102
24,956
97,646
58, 457

91, 706
17,403
90, 780
57, 531

81, 382
8,210
78, 665
52, 028

76,171
5,594
73,985
49,842

481, 633 447,364 494, 569 496, 492 542, 247 500,379 '462,470 454,618
53
52
58
62
52
55
60
56
499,146 505,336 528,413 551, 460 574, 761 517,611 472,198 479,892
430,519 408, 278 403, 472 381,665 359,847 366, 685 363,962 349,389
43 I
55 I

1.53

9,064

58

«46

41 I
53 !

§ Data revised for 1932, January, 205, 756.

78,921

" Revised.

SURVEY OF CURRENT BUSINESS

50
Monthly statistics through December 1931,
together with explanatory footnotes and references to the sources of the data, may be found
in the 1932 Annual Supplement to the Survey

1933
April

June 1933

1932
April

May

June

July

August

1933
Septem- October Novem- Decem- January Februber
ber
ber
ary

March

PAPER AND PRINTING—Continued
PAPER—Continued
Book paper—Continued
Orders, unfilled:
Coated
number of days' production.
Uncoated
number of days' productionProduction
short tons.
Percent of capacity
Shipments
short tons.
Stocks, end of month
short tons.
Box board:
Consumption, waste paper
short tons.
Orders:
New
short tons.
Unfilled, end of month
..short tons.
Production
short tons.
Operations, percent of capacity
Shipments
short tons.
Stocks, end of month
short tons.
Stocks of waste paper, end of month:
At mills
short tons.
In transit and unshipped purchases
short tons.
Newsprint:
Canada:
Exports
short tons.
Production
..._
..short tons.
Shipments from mills
short tons.
Stocks, at mills, end of month.short tons.
United States:
Consumption by publishers...short tons.
Imports
short tons.
Price, rolls, contract, destination, N.Y.
basis
dolls, per short tonProduction, total
short tons.
Shipments from mills
short tons.
Stocks, end of month:
At mills
short tons.
At publishers
short tons.
In transit to publishers
short tons.
Writing (fine) paper:
Production..
.__
short tons.
Percent of capacity..
Shipments
short tons.
Stocks, end of month
short tons.
Wrapping paper:
Production
short tons.
Percent 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.

3
3
3
4
3
3
3
4
5
5
97, 561 94, 732 86, 301 73, 701 84, 756 83, 400
65
59
52
66
46
51
60
116, 704 112,853 109,919 114,975 116, 585 118,100 123,060
75,734 79,975 83,414 79,494 78,063 76,814 72,436

4
4
3
5
3
4
4
87,119 *86, 858 83, 905 85, 583
59
59
58
64
116, 784 115, 616 121, 628 119,074
77,289 78,294 70,778 74,671

167,372

197,306

163, 746 164,808

170, 656 163,909

176,884 166, 395 166,129 161,777 182,701
32, 607 31,391
29, 802 23,192 35,864
177,899 170, 383 171,093 164, 352 173,805
52.0
53.0
50.5
51.5
51.0
179,590 167, 611 167,728 169, 776 171,486
78,370 81,154 84, 501 79,922 81,805

113,139
147,759
161, 266
37, 232

171,104

168,915

153,663

160,118

26, 628

27,992

26,145

29, 775

138, 786 151,758 155, 896 131,780
'174,052 175,887 161, 368 142,491
184,131 172, 954 164,310 145,431
°53,784 57,014 50,029 47,017

196, 910 228,116

155, 729 158,458

205,783 199,119 163,128 152,807 157, 245
53,331
48, 536 33, 575 33,490 36, 030
180,421 201, 777 179,094 157, 357 154, 437
61.4
58.1
61.6
45.7
48.2
188,103 203,932 178,189 152,874 154,280
74, 237 72, 083 72, 491 76,173 76,473

151, 343 174,756

160,794

26, 666

30, 448

23,897

172, 693 160, 600 173,415
31, 325

24, 370

26,481

152, 761 119, 277 148,935 153, 569 136,993 127, 779 107,446 °138,005
157,919 150, 691 157, 506 161,334 138,682 140, 539 124, 788 137,078
154,881 142,633 157, 568 164, 327 140, 770 133,056 120,094 140, 694
50,029 48,062 48,411
45,461 42,337 49,837 54,515
50,872

132, 032 148,351 152, 321 138, 204 131,823 123,873 127, 425 144,993 145, 889 132, 761 127, 446 116, 307
139,213 165, 301 175, 876 145, 992 138, 856 147, 669 133,830 148, 291 155,499 135,430 130,917 94,908
45. 00 a 53.00
53.00
53.00
51.25
45.00
45.00
53.00
53.00
45.00
45.00
45.00
76, 731 81, 662 80,075 74, 356 67, 665
74, 507 91,417 88, 087 85, 399 74, 502 79, 529 70,621
76,095 °94,187 88, 525 84, 255 76,857 77, 340 73,234 76,922 83,922 79, 002 72, 637 66,884

123,402
114, 500

21,171
139,637
27,066

23,005
149,971
23, 691

°35,594 35,156 35, 502 33, 369 35,982
188, 207 182, 507 186, 672 182, 725 188,436
33, 295 31, 692 25, 361 28, 561 23,195
27,855
55
22, 730
55,374

26, 294
52
25, 531
55,906

21,970
43
22, 937
54,934

21,818
45
23, 542
51,814

23,803
45
24,160
51, 446

73, 586
83
72,997
71,389

58, 060
66
57, 654
72, 686

49, 782
56
50,927
71, 533

52, 000
61
53,300
70, 228

68, 794
74, 440
91,762

68,442 67, 088
66, 348 63, 380
95, 658 100,635

60, 991
66, 886
93, 451

33, 095 32, 790 30, 581 21, 783 23, 502 23,363
181,613 165,459 171, 798 172, 272 166,954 157,489
29, 586 28, 758 24,171 24, 601 27,347
26,191
27,123
54
27,421
49, 940

24, 546
49
24, 325
50,156

21, 233
42
21, 318
50,063

60, 479
66
59, 874
70,825

25, 790
53
26, 512
50, 719
60,182
71
65, 719
64, 561

68, 333
77
74,961
57,963

59,149
67
58, 203
58, 903

72,197
78, 968
85, 351

76, 078
79, 792
80, 818

79,295
68, 465
74, 635

56,188
77, 265

25,191
53
25,468

50,005
57
48,905
59, 554

25, 371
49
26, 563
50,099
52, 054
62
51,950
57, 240

66,942
54, 483
78, 095

64, 435
52, 834
71, 297

65, 283
52, 731
72, 246

49,042
63
49, 238
57, 375

PAPER PRODUCTS
Abrasive paper and cloth, shipments:
40,468 41, 643 41, 059 37, 735 33,312 34, 835 39, 897 42, 297 35, 424 28,125 37, 648 35, 878
Domestic
reams.
6,532
5,574
5,331
6,522
4,412
6,832
5,478
5,628
7,079
6,017
6,657
Foreign
reams.
5,867
Paper board shipping boxes:
62
65
64
71
79
65
58
60
70
71
56
56
Operating time, total
percent of normal.
66
69
71
65
76
83
62
73
59
62
65
72
Corrugated
percent of normal52
48
47
60
57
65
44
65
48
39
43
Solid
fiber
percent of normal.
63
Production, total
-thous. of sq. ft. 460,970 446, 653 446,455 431,167 399,160 436,358 447,032 508,182 409, 736 361, 871 376, 200 398,014
Corrugated
thous. of sq. ft. 385,117 360,998 360, 838 344,513 336, 530 371,427 405,922 436,406 345,756 306,447 314,084 329,133
75, 853 85, 655 85, 617 86, 654 62, 630 64,931
71,110 71, 776 63,980 55,424 62,116 68,881
Solid
fiber
thous. of sq. ft.
124
76
95
108
115
125
112
120
Rope paper sacks shipments*
1930-31 = 100.
107
76
106
81
PRINTING
Blank forms, n e w orders
thous. of sets.
Book publication, total...number of editions.
N e w books
number of editions.
N e w editions
number of editions.
Operations (productive capacity)...1923 = 100.
Sales books:
Orders, n e w
thous. of books.
Shipments
thoas. of books.

45.00
°76, 521
«77,933

32,412
58
61
47
380,452
306,667
73, 785
112

46, 508
805
637
168

39, 001
908
749
159
82

33, 348
589
488
101
77

36, 388
525
450
75
70

37, 259
733
641
92
63

41, 061
609
501
105
63

41, 252
806
655
151

40, 396
1,090
912
178
66

38, 364
700
595
105
67

50,350
875
707
168
66

46, 602
457
390
67
66

45, 053
679
576
103
70

53,337
766
621
145

1,902
5,570

9,428
8,734

8,489
9,261

8,914
8,995

8,395
8,271

7,879
9,128

8,575
8,704

10,190
9,082

8,476
8,874

7,645

9,735
7,920

7,907
7,653

7,399
8,048

20, 692 19, 337 20,157
10, 399 10, 340
9,388
29, 280 <* 35, 806 «29, 620

15, 631
7,408
32, 016

19, 928
10, 376
30, 663

18,825
9,587
22, 969

15, 701
8,179
28,475

.033
.029
54, 500
59, 000
614,851 '618, 299
60, 674
65,123
40,674
41,123
89, 267 92,153
74, 590
71, 677
385, 354 386, 686

.030
56,900
' 622,142
60,914
36,914
« 94, 658
67, 583
395,987

RUBBER AND RUBBER PRODUCTS
CRUDE AND SCRAP RUBBER
Crude:
Consumption, total
long tons..
For tires
long tons..
Imports, total, including latex§._.long tons..
Price, wholesale, smoked sheets, N.Y.
dolls, per lb_.
Shipments, world
long tons..
Stocks, world, end of monthf
long tons..
Afloat, total
long tons..
For United States
long tons..
London and Liverpool
long tons..
British Malaya
long tons_.
United Statesf
long tons_.
Reelaimed rubber:
Consumption
long tons..
Production
long tons. _
Stocks, end of month.
...long tons..
Scrap rubber:
Consumption by reclaimers
long tons..
Revised.

22,817
21,034

23,877
13, 375
38,454

26, 861
14, 293
34, 323

26, 010
14,715
32, 524

20, 582
12, 646
33, 989

a

.036
.034
.028
.034
.033
.030
.031
.027
.036
.039
55, 000 55, 867 60,929 56, 620 59, 530 56, 327 59,683 54, 403 57,976
56,700
617,490 621,947 629,110 593, 601 579,195 595, 782 599, 761 604, 008 611,301 621, 078
65,431 66,144 80,936 74, 089 68, 558 74, 808 78, 775 69, 240 74, 505 71,147
38,431 50, 484 63, 066 53,849 47, 368 53, 558 57,735 50, 220 54, 505 51,147
95,151 123, 323 116,106 109, 597 106,172 104, 408 103,195 100, 001 96, 324 91,121
66,911 90, G45 88, 672 68, 855 62, 887 66,134 64, 321 68, 836 71, 441 77, 024
389, 997 341, 535 343, 396 341, 060 341, 578 350, 432 353, 470 365, 931 370, 577 379, 000
3,261
4,340
9,484

4,393
6,277
15, 283

4,795
4, 773
13,411

t For revised data for year 1932 see p. 50 of May 1933 issue.




35, 987
21, 626
41,117

5,554
5, 626
11,978
19, 045

4,054
5,146
11, 596

3, 461
3,101
10, 387

4,136
5,043

4,340
6,275
9,877

16, 229

* New series. Earlier data not published.

4,135
6,215
9,973

3,135
5,345
10, 794

3,560
4,983
10, 733

3,229
4,303
10,936

2,556
3,617
10, 227

19, 512
§ Data for 1932 revised, February, 28,398.

51

SUEVEY OF CURRENT BUSINESS

June 1933
Monthly statistics through December 1931,
together with explanatory footnotes and references to the sources of the data, may be found
in the 1932 Annual Supplement to the Survey

1933
April

1932

April

May

June

July

August

1933
Septem- October Novem- Decem- January Februber
ber
ary
ber

March

RUBBER AND RUBBER PRODUCTS—Continued
TIRES AND TUBES
Pneumatic casings:
Production
thousandsShipments, total
thousands.
Domestic
thousandsStocks, end of month
thousands.
-Solid and cushion tires:
Production
thousandsShipments, total
thousands.
Domestic
thousandsStocks, end of month
thousands.
Inner tubes:
Production
thousandsShipments, total
thousands.
Domestic
thousands _
Stocks, end of month
thousandsRaw material consumed:
Fabrics
thous. of lb_
Crude rubber. (See Crude Rubber.)

2,813
2,958
2,886
7,877

3,056
3,406
3,325
7,503

4,515
8,293
8,212
3,700

1,923
1,845
4,962

2,471
2,124
2,065
5,327

2,031
2,466
2,411
4,877

2,055
1,439
1,385
5,501

1,843
1,369
1,306
5,964

1,586
1,455
1,405
6,115

1,806
2,077
2,011
5,789

1,871
1,834
1,764
5,902

1,630
1,674
1,616
5,832

10
7
7
25

7
25

7
24

6
7
7
24

6
5
23

7
5
5
24

7
7
22

7
21

7
7
6
21

36

35

11
22
22
23

2,580
2,708
2, 658
7,553

2,727
3,094
3,035
7,131

4,223
7,394
7,336
3,943

2,350
1,728
1,674
4,780

2,199
2,002
1,966
4,902

2,081
2,478
2,440
4,602

1,749
1,327
1,292
4,971

1,604
1,263
1,221
5,330

1,423
1,379
1,348
5,400

1,675
2,028
1,989
4,957

1,779
1,682
1,646
5,085

1,506
1,522
1,486
5,095

11,084

12, 045

17, 480

11, 707

10,116

8,417

8,345

7,827

5,993

7,899

7,263

6,364

MISCELLANEOUS PRODUCTS
Rubber bands, shipments
__thous. of lb.
Rubber clothing, calendered:
Orders, net.-.number of coats and sundriesProduction—.number of coats and sundries.
Rubber-proofed fabrics, production, total
thous. of ydAuto fabrics
_thous. of yd.
Raincoat fabrics
thous. of yd_
Rubber flooring, shipments...thous. of sq. ft.
Rubber and canvas footwear:
Production, total
thous. of pairs.
Tennis
thous. of pairs.
Waterproof
thous. of pairs.
Shipments, total
thous. of pairs.
Tennis
thous. of pairs.
Waterproof
thous. of pairs.
Shipments, domestic, total.-thous. of pairs.
Tennis
thous. of pairs.
Waterproof
thous. of pairs.
Stocks, total, end of month..thous. of pairs.
Tennis
thous. of pairs.
Waterproof
thous. of pairs.
Rubber heels:
Production
thous. of pairs.
Shipments, total*
thous. of pairs.
Export
thous. of pairs..
Repair trade
thous. of pairs..
Shoe manufacturers
thous. of pairs..
Stocks, end of month
thous. of pairs.
Rubber soles:
Production
thous. of pairs.
Shipments, total*
thous. of pairs.
Export.
thous. of pairs.
Repair trade
thous. of pairs.
Shoe manufactures
thous. of pairs.
Stocks, end of month
thous. of pairs.
Mechanical rubber goods, shipments:
Total
thous. of dolls,
Belting
thous. of dolls.
Hose
..thous. of dolls.
Other
thous. of dolls.

202

187

180

160

199

210

315

170

138

189

167

162

7,303
9,711
2,092
202
701
546

12, 503
12,886

10,433
15, 333

9,109
26,849

31, 577
22, 770

35,417
35,306

22, 353
38, 704

6,827
25, 759

11, 574
24, 409

7,327
16, 330

8,058
20,997

1,748
197
556
399

2,243
308
744
546

2,013
224
1,003
329

13, 321
28, 284
2,952
268
1,489
434

4,510
301
2,719
421

4,918
404
3,065
383

3,890
332
2,461
307

1,772
234
707
252

2,052
221
799

2,146
243
616

2,303
134
953
307

3,172
2,636
536
3,672
3,230
442
3,637
3,202
435
14,462
6,135
8,326

4,104
3,446
657
5,073
4,374
698
5,010
4,333
677
18,381
7,267
11,115

4,518
3,485
1,033
5,049
4,603
446
4,966
4,530
436
17,879
6,163
11,716

4,429
2,898
1,531
4,345
3,839
506
4,285
3,786
499
17,962
5,222
12, 741

2,321
1,197
1,124
2,985
1,778
1,206
2,942
1,755
1,187
17,317
4,641
12, 676

3,576
1,375
2,201
3, 342
1,208
2,134
3, 272
1,175
2,096
17,358
4, 615
12, 743

3,767
1,190
2,577
4, 641
1,249
3,393
4,589
1,226
3,363
16, 483
4, 556
11,928

4,139
1,055
3,084
5,234
600
4,634
5,189
571
4,618
15, 388
5,010
10, 378

5,007
1,385
3,623
5,375
454
4,922
5,330
422
4,908
15,038
5,955
9,083

4,782
1,603
3,179
4,813
551
4,262
4,773
168
4,254
15,016
7,016
8,000

3,725
1,913
1,812
3,156
1,814
1,342
3,136
1,801
1,335
15, 351
7,008
8,343

3,275
2,185
1,090
3, 537
2,256
1,281
3,511
2, 245
1,267
15,088
6,937
8,151

3,281
2,634
647
3,390
2,842
548
3,339
2,800
539
14,965
6,730
8,235

10, 353
12, 383
281
4,441
7,661
23, 740

11, 737
9,874
280
2,656
6, 938
28, 340

10, 259
10, 270
3,651
6,345
28, 782

11, 299
12, 304
266
3,708
8,330
27, 736

9,868
10,141
261
2,449
7, 432
27, 397

11,073
14, 395
187
4,260
9,948
24, 449

14, 205
18, 000
297
5,520
12,183
20, 534

16, 736
16, 222
233
5,012
10,977
21,029

14,162
13,188
184
3,966
9, 038
21, 749

12, 433
13, 641
258
2,423
10,960
20, 337

13,142
11,336
209
2,433
8,694
21,808

13,030
10, 888
221
2,909
7, 758
25, 267

11, 222
10, 761
170
2,677
7,914
25, 549

3,108
3,256
1
266
2,988
3,215

2,292
2,340
1
252
2,087
2,759

2,488
2,703
4
151
2,549
2,434

2,461
2,500
5
133
2,362
2,374

2,419
2, 407
14
113
2,280
2,308

2,599
2,660
12
140
2,508
2,373

4,054
4,353
7
215
4,131
2,024

5,081
4,792
4
269
4,519
2,168

4,780
4,420
5
316
4,099
2,559

4,647
5,265
6
209
5,050
2,369

4,008
3,728
3
362
3,362
3,121

3,959
3,925
235
271
3,419
3,302

2,613
430
1,251
932

2,542
420
1,131
991

2,672
526
1,095
1,051

2,024
524
734
766

2,152
563
785
804

1,975
456
706
813

2,192
481
844
867

1,990
423
709
858

1,992
397

4,247
3,777
1
275
3,502
2,766
2,060
382
730
949

1,815
352
633

2,018
358
802
858

8,037
14, 227

STONE, CLAY, AND GLASS PRODUCTS
BRICK #
Common brick, wholesale price, red, N.Y.
dolls, per thous..
Face brick (average per plant):
Orders, unfilled, end of mo._thous. of brick._
Production (machine)*
thous. of brick __
Shipments
thous. of brick..
Stocks, end of montht
thous. of brick..
Sand-lime brick:
Orders, unfilled, end of mo.-.thous. of brick...
Production
thous. of brick.Shipments by rail
thous. of brick_.
Shipments by truck
thous. of brick..
Stocks, end of month
thous. of brick..

9.25

9.75

9.75

9.75

9.69

9.30

9.25

9.25

9.25

9.25

10.13

9.25

9.25

359
66
131

511
148
274

532
208
257

518
165
263

493
173
223

477
149
258

424
180
228

363
200
221

351
151
134

352
98
85

292
35
79

331
24
50

2,911

3,498

3,473

3,387

3,288

3,196

3,177

3,119

3,091

3,133

3,061

3,030

324
44
94
2,975

2,775

5,430
2,502

2,575
2,469

6,625
2,215

5,820
3,223

5,923
2,537

2,254
2,523

3,650
2,187

8,050

5,755

7,325

4,812

300

901
0

606
110

2,575
7,264

2,919
4,897

2, 518
3,485

2,057
5,282

2,508
4,151

1,808
5, 898

1,668
4,813

1,231
4,477

798
82
884

307
80
778

492
50
742

3,003

355

157

121

194

176

455

4,792

1,233
4,622

4,020

3,675
511
15
861
3,501

PORTLAND CEMENT
1.388
1.388
1.424
1.318
1.318
1.353
1.357
1.388
1.388
1.426
Price, wholesale, composite
dolls, per bbl_. 1.436
Production
thous. of bbl_. 4,183
5,478
6,913
7,921
7,659
7,835
8,210
7,939
6,462
4,248
2,958
Percent of capacity
24.8
30.2
35.7
33.4
34.2
36.9
34.6
29.1
18.5
12.9
18.9
Shipments
thous. of bbl._
4,949
6,536
8,020
9,264
9,218
10, 968
9,729
8,743
4,782
2,835
2,502
Stocks, finished, end of month..thous. of bbl_. 20, 532
26,496
25, 394
24, 043 | 22, 512
19, 398
17, 878
17, 084
18,788 20, 205 20, 624
Stocks, clinker, end of month.._thous. of bbl__
7,230
10,511
9,922
8, 877 1 7,889
7,175
6,708
6,093
5,938
5,995
6,092
* New series. Earlier data not published on rubber heels and soles. For machin roduction of brick see p. 20 of this issue.
t
Revised.
grading and year-end physical inventories.
Series
not
comparable
over
13-month
period.
# Census Bureau has comparative summaries for 2 months only on structural clay products.




1.436
1.436
3,684
2,777
16.1
13.4
3,510
2,278
21,
298
21,125
6,422
Adjusted for de-

52

SURVEY OF CURRENT BUSINESS

Monthly statistics through December 1931,
together with explanatory footnotes and references to the sources of the data, may be found
in the 1932 Annual Supplement to the Survey

1933

1933

1933
April

June 1933

April

May

June

July

Decem- January FebruOctober NovemAugust Septemary
ber
ber
ber

March

STONE, CLAY, AND GLASS PRODUCTS—Continued
GLASSWARE, ETC.
Glass containers:
Production
thous. of gross..
Percent of capacity
Shipments
thous. of gross
Stocks, end of month
thous. of gross..
Illuminating glassware:*
Orders:
New and contract
number of turns..
Percent of full operation
Unfilled, end of month, .number of turns..
Production:
Total
number of turns..
Percent of full operation
Shipments:
Total
number of turns.
Percent of full operation
Stocks, end of month
number of turns..
Plate glass, polished, production#
thous. of sq. ft..

1,462
44.9
1,366
5,343

1,636
51.3
1,738
5,244

1,585
51.8
1,508
5,325

1,187

948

1,043

1,049

1,379

1,286

1,222

1,219

1,280

1,327

1,338

1,144

795

1,010

1,008

1,279
44.1
4,799

1,260
43.5
4,852

1,083
37.4
4,946

986
34.0
4,480

1,006
35.4
4,397

1,267
44.6
4,388

4,120

4,718

4,268

6,188

4,955

4,881

1,568
49.2
1,682
5,305

2,027
63.2
1,919
5,639

2,027
63.2
1,901
5,759

1,945
60.6
2,018
5,695

1,677
53.6
1,551
5,824

1,660
49.1
1,757
5,724

1,462
46.8
2,027
5,167

1,750
53.8
1,774
5,123

1,300

1,571

1,563

1,239

1,142

1,020

1,164

1,151

1,390

1,119

1,318

1,301

1,458

1,455

1,485

1,363

1,161

1,393

1,357

1,423

1,059

885

782

1,090

1,226
43.2
4,342

1,548
53.4
5, 057

1,295
44.7
5,152

1,204
41.5
5, 301

945
32.6
5,454

1,122
38.7
5,254

1,087
37.5
5,063

4,680

5,255

3,154

5,140

2,849

1,843

GYPSUM *
Crude (quarterly):
Imports
short tons.
Production
_
short tons
Shipments (uncalcined) _
short tons
Calcined (quarterly):
Production
short tons
Calcined products (quarterly):
Shipments:
Board, plaster (and lath)..thous. of sq. ft_.
Board, wall __
thous. of sq. ft
Cement, Keenes
.short tons_.
Plasters, neat, wood fiber, sanded,
gaging,finish,etc
short tons
For pottery, terra cotta, plate glass,
mixing plants, etc
short tons.
Tile, partition
thous. of sq. ft.

1,508
46.4
1,422
5,247

1,704
49.5
1,621
5,406

3,567
103,844
374, 403
153, 793

423,139
159,160
173,366

80, 366
252,891
96, 374

197,730
61,106

298,767

262,812

199, 083

168,931

35,147
71, 565
4,029

31,435
52,441
3,597

22,951
41,663
2,634

18,882
42,442
2,073

230, 645

202, 332

155,603

121, 490

20, 404
2,266

19,130
1,842

18, 219
1,393

17,249
1,406

TEBBA COTTA
Orders, new:
Quantity.
Value..

-.

short tons
thous. of dolls._

925
100

885
84

781
63

2,504
194

1,377
118

672
62

790
88

1,365
96

1,188
92

1,306
82

292
26

2,333
198

TEXTILE PRODUCTS
CLOTHING
Hosiery: *
Orders:
New
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.)

3,977

4,326

4,264

3,174

5,595

6,693

6,582

5,145

4,185

6 3,666

6 3,860

6 5,006

1,777
3,926
4,059
9,441

1,937
3,754
4,072
9,047

2,082
3,914
4,027

2,196
3,009
2,988
9,243

3,360
4,117
4,311
8,818

4,043
5,346
5,760
8,492

4,413
6,003
6,006
8,154

3,617
5,680
5,645
8,070

2,877
4,695
4,783
8,251

6 3,006
6 4,197
66 3,516
9, 010

& 2,826
6 4,063
6 4, 047
6 9,010

6 3,109
6 4,408
6 4, 731
6 8,776

101
1,696
1,273

38
1,808
1,074

50
1,795
946

482
139
285
1,256 1,
2,025
974 | 1,480 1,734

638

1,947
1,565

554
1,495
964

172
1,164
1,077

6178
6 1, 390
6 1,450

61, 436
61,850

6 216
61, 676
6 1,745

COTTON
Consumption f
thous. of bales..
442
502
504
471
494
440
323 i
279
403
471
332
492 !
Exports:
|
Quantity, exclusive of linters
thous. of bales..
452
1,012
794
734
1,040
557
488
449
360 !
436
501
545
Value. (See Foreign Trade.)
Ginnings (total crop to end of month)
thous. of bales..
71
11,631 12, 086
9,246
12,418
4,835
"12,710
Imports
thous. of bales..
11
21
4
9
13
19 i
23
7
Prices:
To producer
dolls, per lb_.
.051
.061
.052
.072
.064
.057
.046
.065
.059
.054
.056
.055
.061
Wholesale, middling, N.Y
dolls, per lb_.
.062
.069
.058
.074
.062
.059
.062
.057
.077
.066
.053
.061
.070
Production, crop estimate
thous. of bales..
/13,002
Receipts into sight.
thous. of bales..
219
107
2,748
1, 571
1,065
591
561
569
350
1,826
2,928
Stocks, end of month: f
Domestic, total mills and warehouses
thous. of bales.. 9,520
8,472
10,822 ! 10, 250
9,747
9,078
7,638
9,056
11, 094 12,134
11,880
11,516
Mills
thous. of bales.. 1,368
1,534
1,090
1,087
1,267
1,457
1,530
1,495
1,321
1,442 !
1,218
1,343
1,463
Warehouses
thous. of bales.. 8,152
8,213
6, 548
7,969
10, 677
10, 350
10, 021
7,151
6,700
9,827
9,380 i
8,907
7,615
9,111
7,602
8,251
10, 518
10, 552
10, 549
World visible supply, total thous. of bales.. 9,560
7,793
9,479
8,205
10,182 |
9,796
8,"""
7,139
5,751
6,534
American cotton
thous. of bales.. 7,613
5,894
7,783
8,884
8,759
6,215
8,878
8,403 |
7,977
a
# Figures for 1932 represent total industry; 1933figuresincomplete.
/ As of Dec. 1.
Revised.
* New series. For earlier data on gypsum see p. 20 of the January 1933 issue. For hosiery see p. 19 of the April 1933 issue. Earlier data on glassware not published.
t For revisions for the year ended July 1932 see p. 20 of the February 1933 issue.
6 Partly estimated.




53

SURVEY OF CURRENT BUSINESS

June 1933
Monthly statistics through December 1931,
together with explanatory footnotes and references to the sources of the data, may be found
in the 1932 Annual Supplement to the Survey

April

1933

1932

1933
April

May

June

I July

August

i

Septan- October Novem- Decem- January Februber
ary

March

TEXTILE PRODUCTS—Continued
COTTON MANUFACTURES
Cotton yarn:
Carded sales yarn:
Orders, unfilled, end of mo thous. of lb_
Production (weekly average) .thous. of lb.
Stocks, end of month
thous. of lb.
Prices, wholesale:
22/ls, cones, Boston
dolls, perlb.
40/ls, southern, spinning
dolls, per lb.
Cotton goods:
Abrasive cloth. (See Paper Products.)
Cotton cloth:
Exports§
thous. of sq. yd.
Imports
thous. of sq. yd.
Fiber consumption for tires. (See Rubber and
Rubber Products.)
Prices, wholesale:
Print cloth, 64 x 60
dolls, per yd..
Sheeting, brown, 4 x 4 (Trion mill)
dolls, per yd..
Cotton cloth finishing:
Printed only (mills and outside):
Production
thous. of yd..
Stocks, end of month
thous. of yd..
White, dyed and printed (outside mills):
Billings (finished goods)
thous. of yd..
Operations._
percent of capacity..
Orders, new, gray yardage.-.thous. of yd..
Orders, unfilled, end of mo
day's prod..
Shipments (finished goods)
cases..
Stocks, end of month (finished goods)
cases..
Spindle activity:!
Active spindles
_
thousands..
Active spindle hours, total..mills, of hours..
Average per spindle in place
hours..
Operations
percent of capacity..
RAYON AND SILK
Rayon:
Imports
thous. of lb_.
Price, wholesale, 150 denier, "A" grade,
N.Y
dolls, per lb..
Stocks, imported, end of month-thous. of lb-.
Silk:
Deliveries (consumption)
bales..
Imports, raw
thous. of lb..
Operations, machinery activity:
Broad looms
percent of capacity..
Narrow looms
percent of capacity..
Spinning spindles
percent of capacity..
Prices, wholesale:
Raw, Japanese, 13-15, N. Y_-dolls. per lb_.
Silk goods, composite
dolls, per yd..
Stocks, end of month:
World, visible supply
bales..
to
United States:
At manufacturers
bales..
At warehouses
bales..

33,455
2,116
10,481

28,015
1,772
12, 771

26,756
1,608
12, 554

25, 281
1,556
12,473

26,475
1,400
11,738

33, 551
1,798
11,188

35,108
2,534
10,315

30, 592
2,885
9,533

28,474
2, 531
10,046

28,901
2,131
11,099

27,321
2,225
11,612

26,459
2,095
12,072

29, 326
1, 720
11,892

.179
.278

.173
.280

.162
.270

.155
.263

.157
.255

.183
.264

.208
.288

.196
.281

.187
.271

.174
.270

.168
.270

.163
.270

.175
.276

28,150
3,510

°44,041
3,514

«39,757
3,182

°29,888
1,911

«33,824
1,861

24,157
1,166

25, 227
1,155

24,010
1,633

25,379
2,118

30,479
2,498

34,332
2,625

34, 215
2,794

39,475
4,125

.032

.037

.036

.031

.031

.031

.039

.041

.037

.033

.033

.039

.044

.040

.036

.037

.040

.047

.046

.041

.038

74,463
80,765

57,894
88, 864

43,868
86,324

40,993
71,364

37,404
71,624

64,480
62,547

87,988
59,040

87,956
66,633

69, 515
74,850

79,175
81,933

43,006
60
58,847
3.0
28,700

49,573
46
34,348
1.6
27,032

37,340
37
32,143
1.5
23,972

36,855
33
28,090
1.0
21,295

25, 532
32
27, 396
1.1
16,073

38,092
42
48,994
2.2
21, 802

52,247
57
58, 788
2.2
26,496

55, 594
62
51,406
1.9
28,081

47,956
49
45, 570
1.1
24, 748

37,674
41
55, 786
1.6
19,864

.031

.032

.037

.037

88,300
80,097

93, 773
82,272

95, 746
80,446

38,282
55
52,258
2.1
25,698

47,503
67
55,891
2.7
28,156

51,148
60
61, 681
2.1
30, 339

16,104

16,822

15,355

14, 659

13,347

13, 285

14,896

17,086

18,684

14,590

13,407

14,919

15,768

23,417
6,569
212
95.7

23,363
5,199
163
70.5

21, 633
4,592
145
63.3

20,647
4,250
134
57.6

19,758
3,656
115
51.5

22,022
5,539
175
72.4

23,884
6,866
218
94.6

24,588
7,046
224
97.0

24,350
6,967
221
96.9

23,775
6,386
203
87.2

23,767
6,788
217
95.1

23,659
6,286
202
95.0

23,429
7,048
227
93.9

48

«51

285

400

502

517

425

285

221

«351

«45

.55

.75

.65
305

.55
347

.55
321

.55
286

.60
240

.60
228

.60
225

.60
226

.60
241

.60
241

.60

41,910
5,660

35,779
4,832

32,923
4,474

37,466
4,756

38,382
4,931

59,905
7,134

59,694
8,564

53,703
7,331

43,955
8,066

40,548
8,301

46,204
4,988

32, 665
3,402

38,934
4,254

59.2
42.2
49.8

56.3
43.1
38.7

43.2
39.6
30.4

39.5
35.8
28.6

47.1
45.9
41.0

67.6
38.3
50.2

83.7
43.6
62.0

84.5
46.8
61.9

76.2
45.3
52.2

83.2
34.2
55.5

89.7
37.2
56.8

80.6
36.8
48.9

56.6
36.3
38.2

1.324

1.421

1.231
.90

1.194
.90

1.231
.90

1.647
.92

1.805
.92

1.673
.92

1.562

1.550
.91

1.305
.90

1.201
.89

1.182
.89

48

253,621

236,412

224, 552

240,954

246,148

249,258

246,450

258, 280

282,616

256,142

239, 864

237,236

21,151
43,038

26,337
57,849

26,008
59,159

25,521
53,048

20,011
50,721

24,951
52, 228

22, 250
49,393

22,826
54,465

24,336
57,932

22,443
62,837

23,406
69,747

22,074
60,459

20,243
43, 814

28,701
6,140

19,954
4,186

16, 519
2,832

18,933
2,697

26,719
848

41,361
693

46,055
1,554

42,423
4,468

38,963
°5,408

36,532
4,977

35, 510
5,134

33, 278
4,864

24,934
4,451

62

31

39

65

85

106

100

82

92

84

87

55

25
29
42

23
18
28

18
16
31

19
17
45

19
26
60

24
36
65

23
33
58

23
36
59

23
36
68

22
28
43

60
58

55
57

59
56

60
57

42
32

WOOL
Consumption, grease equivalent-.thous. of lb..
Imports, unmanufactured!
..thous. of lb..
Operations, machinery activity:
Combs
percent of capacity..
Looms:
Carpet and rug
percent of capacityNarrow
percent of capacityWide
percent of capacity..
Spinning spindles:
Woolen
percent of capacity..
Worsted
percent of capacityPrices, wholesale:
Raw, territory, fine, scoured...dolls, per l b 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 lb..
Receipts at Boston, total
thous. of lb..
Domestic
thous. of lb_.
Foreign
thous. of lb..

53
35

26
29

30
25

30
34

39
50

59
57

70
74

.49
.20

.48
.18

.42
.15

.38
.14

.36
.14

.39
.16

.48
.23

.47
.22

.45
.21

.44
.20

.44
.20

.43
.19

.44
.19

1.163

1.300

1.300

1.125

1.125

1.135

1.175

1.175

1.175

1.175

1.175

1.175

1.175

.750

.900

.880

.800

.750

.750

.750

.750

.750

.750

.750

.750

.750

.83
6,835
6,544
291

.87
6,526
5,414
1,112

.80
10,942
10,272
670

.75
28,665
28,134
531

.75
52,339
50,934
1,405

.76
42,909
42,764
145

.85
28, 281
28, 209
72

17,556
16,960

.85
11,858
11,136
722

.83
5,927
5,063
864

.80
8,978
7,991
987

.80
9,281
8,384
897

.80
4,657
4,032
625

27,284
12, 307

32,346
11,671

34, 234
24,231
17,095 « 25,937

17,883
23, 886

29,931
24,457

23,114
25, 737

22,403
23,323

31, 340
21, 895

29,064
• 21,344

28, 865
22,937

22,413
17, 521

34,842
25,118

MISCELLANEOUS PRODUCTS
Burlaps and fibers, imports:
Burlaps
Fibers

thous. of lb._
long t o n s . .

« Revised.
t For revisions for the year ended July 1932, see p. 20 of the February 1933 issue.
§ Data for 1932 revised, cotton cloth, January, 28,004; March, 38,012. Wool, February, 9,892.




54
Monthly statistics through December 1931,
together with explanatory footnotes and references to the sources of the data, may be found
in the 1932 Annual Supplement to the Survey

SURVEY OF CURRENT BUSINESS
1933

June 1933

1932

April

April

May

June

July

1933

Decem- January FebruOctober NovemAugust September
ber
ary
ber

March

TEXTILE PRODUCTS—Continued
MISCELLANEOUS PRODUCTS-Con.
Buttons and shells:
Buttons:
Imports, tqtal§
__thous. of gross..
From Philippines—
thous. of gross..
Fresh-water pearl:
Production
percent of capacity..
Stocks, end of month
thous. of gross..
Shells, imports, total
thous. of lb_.
Mother of pearl
.thous. of lb__
Tagua nuts, imports
thous. of lb '
Elastic webbing, shipments thous. of dolls..
Fur, sales by dealers
thous. of dolls..
Pyroxylin, coated textiles (artificial leather):
Orders, unfilled, end of month
thous. of linear yd..
Pyroxylin spread.__
thous. of lb_.
Shipments, billed
..thous. of linear yd__

76
62

65
53

76
68

200
181
865
615
2,053

35.7
8,259
2,009
299
882
647
1,947

32.6
8,139
292
243
1,236
561
2,447

2,635
2,894
2,658

1,828
2,078
2,091

1,829
2,094
2,189

27.3
8,849
233
223
258
580
2,247

65
58
18.0
8,234
2 855
235
1,053
454
2,233

93
87
30.3
7,939
751
184
609
518
2,879

1,578
1,944
2,236

1,572
1,474
1,595

1,785
1,959
1,881

72
67

77
64

49

39.2
»7,340
271
219
516
774
4,016

50
47
46.3
7,136
356
285
1,063
850
3,233

45.2
7,194
413
360
599
731
1,688

38.0
8,025
741
214
586
605
1,275

1,996
2,403
2,410

2,096
2,216
2,282

1,779
1,855
1,783

1,675
1,862
1,791

71
58

40.0
7,971
684
677
864
663
1,547

73
57
41.3
7,751
297
267
1,356
656
1,498

36.2
7,325
3,255
394
1,087
619
1,473

2,175
2,121
1,956

2,188
2,374
2,128

1,992
2,333
2,079

TRANSPORTATION EQUIPMENT
AIRPLANES
125
110
114
111
118
119
101
110
Production, total
number59
37
59
75
63
44
Commercial (licensed)
number..
58
42
49
18
36
45
Military (deliveries)
number __
24
11
39
31
30
For export
number..
AUTOMOBILES
Exports:
Canada:
321
1,090
1,654
475
256
1,338
2,416
333
1,601
1,493
Automobiles, assembled
number.. 1,256
1,523
768
2,124
833
199
1,558
1,163
1,108
936
261
741
Passenger cars
.number. _
1,308
1,368
United States:
Autos and parts, value. (See Foreign
Trade.)
a
4,282
8,056
10,143
8,657
4,978
4,904
6,299 « 5,107
3,115
4,359
4,937 « 5,654
Automobiles, assembled, total §..number__ 8,318
7,059
2,757
5,528
5,421
4,669
3,039
2,893 « 3,053 « 1,733 * 1,762
3,604
2,972
Passenger cars §
number.. 5,662
3,084
2,221
2,528
3,136
2,044 « 2, 601
1,630 «1, 503
2,549
1,387
• 1, 353
1,865
Trucks §
number.. 2,656
Financing:
27,025 • 31, 203 '29,119
33, 624
56,416 58, 436 63,169 44, 717 45,069
33,436
27, 727
38,837
Retail purchasers, total
thous. of dolls
14,091 ; 18, 299 • 16,827
19,377
31,836 33, 591 38, 329 24,149 24, 645 21, 551 17, 644 13,981
New cars
.thous. of dolls
12,174 '• 12,125 • 11, 670
12,834
15,989
23, 066 23,258 23,395 19, 225 18,909
13,311
15,036
Used cars
thous. of dolls..
a
"622
760
1,514
749
913
943
1,342
1,297
1,587
1,445
Unclassified
thous. of dolls
780
1,516
Wholesale (manufacturers to dealers)
20,131 • 30,133 • 27, 503
13,132
33,904 38, 608 43, 682 26,016 22,104
27, 642
11,774
18, 677
thous. of dolls
Fire-extinguishing equipment:
Shipments:
14
19
27
29
38
35
46
25
Motor-vehicle apparatus
number
18, 661 15, 378 14, 037 13,876 14, 314 15, 222 12, 867 12,036
Hand types
number..
Production:
Automobiles:
6,632
3,358
2,204
2,342
2,139
8,221
3,298
2,923
7,472
6,810
7,112
8,255
4,067
Canada, total
.number.
5,927
2,921
1,561
1,669
1,741
3,025
2,361
5,660
6,773
6,957
7,269
3,166
6,308
Passenger cars
number
United States, total
number 181,029 148, 326 184, 295 183,106 109,143 90, 325 84,150 48, 702 59, 557 107, 353 130,044 106,825 »118, 609
99,885
Passenger cars
number. 153, 330 120, 906 157, 683 160,103 94, 678 75,898 64, 735 35,102 47, 293 85,858 108, 321 91,340
5
152
291
660
5
9
31
239
13
391
27
73
235
Taxicabs
number..
21, 204
21, 718
15,333
18,047
12,025
19,402
13, 595
27, 308 27, 389 26, 539 22, 768 14, 438 14,418
Trucks
number
727
580
559
347
455
237
198
°679
339
222
898
658
499
Automobile rims.
thous. of rims..
Registrations, new passenger cars
number._ 119,909 121, 093 131,282 148, 752 104,188 93, 457 81,893 63,195 44, 358 44, 459 79,821 69, 464 « 78, 741
Sales (General Motors Corp.):
19, 992
50, 653
42,280
47,436
26,941
12, 780
71, 599 81, 573 63, 500 56, 987 32,849 37, 230 34, 694
To consumers
number
82,117
59, 614
53,942
58,018
5,781
To dealers, total
number.. 86, 967 78, 359 66, 739 52, 561 36,872 30, 419 30,117 10, 924
44,101
72,274
50,
212
45,098
2,405
74,
242
23,
545
5,810
69,
029
60,
270
46,148
31,
096
24,151
U.S. dealers
number..
Shipments, accessories and parts, total*
41
50
62
35
39
45
63
45
35
56
Jan. 1925=100.
Accessories, original equipment
33
45
22
26
36
56
53
37
24
45
Jan. 1925=100.
42
40
56
85
73
45
55
49
47
57
Accessories to wholesalers Jan. 1925=100..
87
84
91
86
110
109
99
94
118
Replacement parts
Jan. 1925=100.
32.
34
36
31
59
40
43
58
50
Service equipment
Jan. 1925=100..
KAILWAY EQUIPMENT
Equipment condition:
Freight cars owned:
Capacity
mills, of lb 198,157 204, 297 203, 657 203, 376 202,807 202,196 201, 594 201, 326 201, 055 200, 547 200, 250 198,997 1198, 652
2,106
2,101
2,127
2,123
2,134
2,141
2,138
2,174
2,166
2,157
2,149
2,163
Number, total
thousands.. 2,095
Bad order, total
number. 286.987 218, 303 230,820 234, 315 245, 749 253, 608 262,153 268,170 265, 239 266, 066 266, 594 269,378 274, 368
13.2
12.7
12.9
12.6
12.4
12.6
12.7
11.5
10.1
10.8
13.8
11.9
11.0
Percent of total in bad order
Locomotives, railway:
Owned:
2,432
2,428
2,423
2,435
2,444
2,439
2,475
2,471
2,448
2,459
2,458
2,467
Tractive power
mills, of lb._ 2,422
52,081
Number, total
number.. 52, 020 53,815 53,696 53, 572 53, 264 53,192 52, 936 52,791 52, 650 52, 490 52,401 52, 237
10,
014
10,290
10,
545
9,558
9,190
9,316
8,875
8,142
8,233
8,291
8, 396
Awaiting classified repairs...number. 10, 743 7,851
20.0
19.4
20.6
18.5
18.0
17.1
17.8
15.0
15.5
15.8
16.0
16.2
21.2
Percent of total
31
57
41
36
32
31
47
42
55
54
29
62
44
Installed
number221
197
196
120
173
193
229
174
178
287
338
133
105
Retired
numberPassenger cars:
48,991
49, 310
49, 957
On railroads (end of quarter)
numberEquipment manufacturing:
Freight cars:
0
6
2
3
50
1,285
0
50
25
16
0
26
50
Orders, new, placed by railroads
cars.
1,974
1,873
2,223
2,431
2,398
1,275
2,465
1,572
1,404
2,712
2,429
1,851
1,561
Orders, unfilled, total
cars.
0
0
1
50
0
0
0
0
0
250
0
0
0
E quip ment manufacturers
cars _
1,974
1,873
2,381
2,222
2,398
1,275
2,465
1,572
1,404
2,562
2,429
1,851
1,561
Railroad shops
cars.
15
3
15
1
12
0
3
44
4
153
3
0
Shipments, total
cars.
15
1
14
3
12
0
3
19
4
153
3
0
Domestic
cars.
° Revised.
* New series. Earlier data not published.
§ Data revised for 1932. Total automobiles, February, 7,049, March, 8,731; passenger cars, February, 4,936, March, 5,548; trucks, March, 3,183. Buttons, total imports,
February, 97.



SUKVEY OF CURKENT BUSINESS

June 1933
Monthly statistics through December 1931,
together with explanatory footnotes and references to the sources of the data, may be found
in the 1932 Annual Supplement to the Survey

1932

1933
April

55

April

May-

August

July

June

1933
Septem- October Novem- Decem- January Februber
ber
ber
ary

March

TRANSPORTATION EQUIPMENT—Continued
RAILWAY EQUIPMENT—Continued
Equipment manufacturing—Continued
Locomotives, industrial electric (quarterly):
Shipments, total
number..
Mining use
number..
Locomotives, railway:
Orders, new, placed by railroads.number..
Orders, unfilled, end of m o n t h Equipment manufacturers (Census)
total
number..
Domestic, total
number..
Electric
number..
Steam
number..
Railroad shops (A.R.A.)
number..
Shipments:
Domestic, total
number..
Electric
number..
Steam
number..
Exports, total §
number..
Electric§
number..
Steam
number..
Passenger cars:
Orders, new, placed by railroads.number..
Orders, unfilled (end of quarter).number..
Shipments, total
number..
Domestic
number..

12
12

161
153
127
26

146
140
127
13

14
14

12
12

1

0

0

0

0

0

1

4

2

129
123
122
1
6

120
114
113
1
6

111
105
104
1
5

98
96
95
1
4

86
86
85
1
3

78
78
77
1
3

73
73
72
1
3

71
71
70
1
3

65
65
63
2
3

67
2
3

17
5
12
6
5
1

9
9
0
2
2
0

9
9
0
1
0
1

9
9
0
2
2
0

10
10
0
12
12
0

8
8
0
2
2
0

6
6
0
6
6
0

o ooo to to

8
8

7
7
0
2
2
0

2
2
0
9
4
5

0
44
0
0

0

0

0

0

0
0

0
0

0
15
0
0

0

0
0

0
47
0
0

0

0
0

0
0

0
0

4
4
0
0

25
20
5

19
19
0

19
19
0

16
16
0

31
27
4

12
12
0

13
13
0

21
21
0

27
27
0

38
38
0

180
10, 782
7,928

161
28, 338
27,150

147
2,697
240

94
10, 273
9,601

87
22, 795
19, 834

18
39,179
36, 733

18
7,698
5,888

22
15,944
13, 741

24
9,338
8,531

14
41, 213
37, 537

ELECTRIC TRUCKS AND TRACTORS
Shipments, industrial, total
Domestic
Exports

numbernumber.
number.

SHIPRUILDING
United States:
Merchant vessels under construction
thous. of gross tons..
Completed during month..total gross tons..
Steel
total gross tons..
World (quarterly):
Launched:
Number
ships. _
Tonnage
thous. of gross tons..
Under construction:
Number
ships. _
Tonnage
thous. of gross tons..

12
2,885
1,578

173
17, 532
13, 848

186
26, 260
22, 586

84
193

53
188

58
213

55
93

224
1,110

192
901

203
766

232
741

CANADIAN STATISTICS
Business indexes: *
Physical volume of business
1926=100..
Industrial production, total
1926=100..
Construction
1926=100.
Electric power
1926=100.
Manufacturing
1926 = 100.
Forestry
1926=100.
Mining
1926=100.
Distribution
1926=100..
Carloadings
1926 = 100..
Exports (volume)
1926 = 100..
Imports (volume)
1926=100.
Trade employment
1926=100.
Agricultural marketings
1926 = 100. _
Grain marketings
1926=100..
Livestock marketings
1926 = 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
Transportation
1926=100.
F inance:
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..
Dominion and provincial
thous. of dolls._
Municipal
thous. of dolls..
Railways
thous. of d o l l s . .
Bond yields
percent..
Common stock prices, total
1926 = 100..
Banks
1926 = 100..
Industrials
1926=100..
Utilities
..1926=100..

66.4
67.5
113.7
83.8
87.4
67.4

75.8
71.8
39.4
134.4
72.3
65.8
86.4
86.9
60.1
47.3
70.6
111.6
62.3
59.5
74.5

72.6
67.7
19.5
131.3
70.2
60.0
90.5
86.1
58.4
47.5
59.8
113.4
59.1
56.6
70.3

68.1
62.2
25.2
131.6
62.2
63.4
80.5
84.3
56.1
56.6
52.4
111.5
56.1
52.5
71.9

67.0
60.9
23.4
136.1
58.7
59.8
94.2
83.8
57.9
49.6
50.8
110.9
76.5
75.9
79.4

68.4
62.5
16.1
134.4
62.7
60.7
91.4
84.8
61.8
51.1
50.0
110.5
129.0
140.2
77.8

81.1
66.9
86.0
84.4
83.1
96.5
119.4
113.1
86.5

80.4
65.0
86.7
84.3
84.1
98.2
109.8
114.5
87.2

80.4
64.8
84.7
77.9
81.7
101.2
106.5
115.4
84.5

80.0
64.0
83.2
67.6
80.3
99.9
103.7
117.8

79.7
63.9
78.5
58.5
74.4
96.9
102.2
119.6
78.3

79.0
63.6
76.8
54.8
75.0
94.0
104.2
109.4
75.0

°78.4
64.4
76.9
56.5
75.8
94.6
102.9
107.3
74.1

70.5
65.0
20.6
134.9
66.8
63.7
81.9
85.8
69.2
47.3
44.2
110.1
104.1
109.7
79.2

75.3
68.2
27.9
139.0
66.5
74.1
105.0
95.0
77.2
61.9
61.6
117.3
102.3
105.7
87.2

74.6
31.8
131.2
77.4
71.4
94.4
94.5
71.2
59.1
72.9
117.8
84.4
82.8
91.5

81.4
76.9
28.1
130.5
82.1
74.5
92.3
93.7
70.3
59.3
69.7
117.4
221.4
250.8
89.4

78.3
74.2
39.4
129.0
76.9
55.9
83.4
89.6
60.5
62.9
63.2
115.9
135.9
147.9
82.1

78.1
73.6
37.1
137.1
75.5
59.6
84.8
90.4
64.3
63.0
63.8
115.3
196.6
222.6
79.9

77.1
71.9
31.5
128. 0
74.3
60.5
89.5
91.3
68.1
64.6
64.7
114.3
189.0
213.9
77.1

75.3
70.4
30.7
127.8
70.6
64.7
99.3

78.6
65.4
76.0
54.7
76.0
91.4
102.5
107.6
74.2

83.7
68.4
87.5
79.9
87.3
101.0
113.9
114.3
81.9

81.8
67.7
87.5
83.2
85.8
97.9
114.7
116.2
84.3

81.0
66.6
89.1
92.9
86.0
96.8
116.8
116.1
85.5

66.6
88.7
93.3
85.4
95.0
119.9
115.4
85.9

81.4
66.8
86.3
90.0
82.6
94.8
117.0
113.8
85.3

1,877

2,074

2,175

2,203

2,176

2,116

2,098

2,367

2,466

2,085

1,969

1,830

1,887

101.3

111.3
228

113.2
195

114.4
233

110.6
249

103.3
253

98.1
295

102.3
301

102.7
273

99.2
279

98.7

100.0

29, 770

33, 629

30, 998

40, 963

34, 469

28, 370

101.9
246
25, 207

29,858

34, 003

33, 483

29, 367

26, 323

29, 763

10, 707
0

14, 231
1,660

24, 520
0

20, 735
50

27, 972
1,350

59, 529
360

71,103
180

106, 046
125

178
0

19, 987
0

425
0

731
625

0
10, 707
0
4.85
51.9
59.8
67.5
38.5

2,750
9,821
0
5.33
54.0
85.8
58.2
48.9

17, 750
6,770
0
5.42
45.8
65.7
51.4
36.9

5,000
15, 685
0
5.48
43.2
60.5
48.8
34.9

21,150
5,472
0
5.30
49.6
67.1
56.6
41.8

55,980
3,189
0
4.95
59.0
73.9
69.9
51.9

68, 350 104, 275
2,573
1,646
0
0
4.88
4.70
63.0
54.8
76.1
74.4
73.8
63.1
56.9
49.1

45,094
825
35, 000
9,269
0
4.90
53.4
69.6
62.5
46.6

0
178
0
4.92
51.3
67.5
58.4
45.1

19,000
987
0
4.75
51.6
67.5
59.6
44.6

0
425
0
4.73
47.6
65.5
56.3
38.6

0
106
0
4.79
47.3
62.3
57.3
38.2

a
Revised.
* New series. For earlier data see p. 18 of the February 1933 issue.
§ Data revised for 1932. Total, January, 3; February, 5; March, 9; electric, January, 3; February, 1; and March, 6.




56

SURVEY OF CURRENT BUSINESS

Monthly statistics through December 1931,
together with explanatory footnotes and references to the sources of the data, may be found
in the 1932 Annual Supplement to the Survey

1933
April

June 1933

1932
April

May

June

July

1933

Decem- January FebruOctober NovemAugust September
ber
ber
ary

March

CANADIAN STATISTICS—Continued
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 bu._
Wheat
flour..
thous. of bbL.
Trade with U.S. (See Foreign Trade.)
Railway statistics:
Carloadings
thous. of cars..
Financial results:
Operating revenues
thous. of dolls.
Operating expenses
thous. of dolls.
Operating income.
thous. of dolls.
Operating results:
Freight 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.-hr..
Pig iron
_
thous. of long tons
Steel ingots and castings
thous. of long tons
Livestock, inspected slaughter:
Cattle 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 bbl._
d

20,312
20,457

27,455
29, 794

41,402
44,361

41, 701
40, 743

43,032
35, 711

41,855
36, 527

42,665
34,504

57,160
37,095

46,621
37,769

43,109
28,961

32,000
24,441

26,814
23, 514

37,161
32,851

4,460
234

7,513
255

15, 543
462

15,857
571

19, 620
446

18, 290
330

26,874

40,192
529

27» 302
577

27,736
492

14,707
397

10,922
333

14,816
490

162

1,295

97
232
30

180

183

185

157

176

216

212

193

153

134

133

157

23,851
21,052

23,400
21,245

24,813
21,654

22,970
21, 053

23,100
21,922

28,988
22, 254

28,190
20,839
6,385

24,276
19,308
4,057

21,902
19,434

17,643
18, 528
d
1,813

16,788
17,881
d
2,073

20,612
19,161

1,932

1,191

2,328

1,027

268

5,949

2,607

2,181

1,653

1,632

2,023

1,569

1,572

3,043

113

110

129

147

138

122

1,329
17

1,271
13

1,198

1,156
7

1,230

1,279
6

90

1,904
1,740
130

520

1,302

1,712

95

1,397
29

97
1,300

1,371
0

36

29

18

27

23

37

1,433
27
31

41

12

90
229
30

95
255
23

85
248
50

73
192
64

79
189
86

82
166
101

78
189
148

80
250
119

60
268
49

71
247

65
220
36

250
42

993

1,041

1,151

1,202

1,272

1,385

1,722

1,943

1,010

859

845

1,005

1,390
7

14

Deficit.

CHANGES IN STATISTICAL SERIES MADE SINCE PUBLICATION OF THE 1932 ANNUAL SUPPLEMENT
DATA ADDED IN DECEMBER 1933 ISSUE
Page
Fairchild retail price index...
24
World prices, foodstuffs and raw materials
24
Chain-store sales index
26
Department-store sales, Philadelphia
27
Factory employment, Baltimore, Milwaukee,
Maryland, and Massachusetts
28
Miscellaneous employment:
Civil service, United States.
28
Trade union members employed, by groups
28
Factory pay rolls, Baltimore, Milwaukee, Philadelphia, Maryland, and Massachusetts
29
Hourly earnings, United States (National Industrial Conference Board)
—
29
Weekly earnings, factory, Massachusetts
30
Net gold imports, including gold released from
earmark...
32
Pyroxylin rods, sheets, and tubes, production,
shipments
._
38
Residual fuel oil, production and stocks
43
Gas oil and distillates, production and stocks
43
Convection type radiators, new orders
46
Plumbing fixtures, wholesale price
_
46
Plumbers' brass, shipments..
49
Tin and terne plate, production
_
47
Tin consumption in manufacture of tin and terne
plate
48
Mechanical stokers, new orders
48
Rubber heels and soles, total shipments.
51
Illuminating glassware, new orders, production,
shipments, and stocks
52
Gypsum, imports, production, and shipments
52
Auto accessories and parts, composite index of shipments
54
Canadian statistics, electric-power production
index..,
55

DATA ADDED IN THE JUNE 1933 ISSUE
Building costs, all types (American Appraisal Co.). 25
Factory employment, Chicago...
28
Nonmanufacturing employment—banks, brokerage houses, etc.; dyeing and cleaning; and laundries
—
28

D A T A A D D E D I N T H E J U N E 1 9 3 3 ISSUE—
Continued
Page
Miscellaneous employment—Federal and State
highways, construction and maintenance
28
Factory pay rolls, New York and Chicago
29
Nonmanufacturing pay rolls—banks, brokerage
houses, etc.; dyeing and cleaning; and laundries. 29
Bond prices, U.S. Government (Standard Statistics)
33
Airplane travel, passengers carried, passenger miles
flown
_
35
Lard compound, wholesale price, tierces, Chicago. 37
Lard, refined, wholesale price, tierces, Chicago
41
Leather production (Tanner's Council)
43
Household furniture, plant operations, all districts
_
_. 45
Rope paper sacks, shipments
50
Face brick, machine production
51

DATA DROPPED IN DECEMBER 1932 ISSUE f
Industrial production indexes: Copper (mined),
metals, nonferrous
Stock indexes, world copper shocks
Construction volume (A.O.C.)
_
Factory operations, proportion full time worked,
miscellaneous group
Applicants at employment agencies, Western
States
Methanol, stocks:
At crude plants
At refineries and in transit
Pine-oil stocks
Paints, varnish, and lacquer products, unclassified
sales, 315 establishments
Milk, condensed and evaporated, total exports,
production, and stocks
Gas and fuel oil, production and stocks (combined
series)
Hides and skins, stocks, all series
Sole and belting leather, production, stocks, all
series
^_
Upper leather, production, stocks, all series.
Walnut lumber, orders, production, shipments,
and stocks

t Pages refer to those upon which series were last shown in the November 1932 and M a y 1933 issues.




O

22
23
25
28
28
36
36
36
38
39
42
43
43
43
44

DATA DROPPED IN DECEMBER 1932

ISSUE—Continued
Page
North Carolina pine, production and shipments.. 44
Iron and steel, boilers (round and square) and radiators, new orders.
46
Enameled sanitary ware, baths, lavatories, sinks,
miscellaneous, all series
_
46
Enameled sheet-metal ware, shipments
46
Plumbing fixtures, wholesale price
46
Mechanical stokers, large (see new series) new
orders
48
Copper:
Production, all series
48
Shipments, domestic, refined
48
Stocks (North and South America), blister and
refined
_
48
Porcelain, nail knobs, tubes, shipments
49
Galvanized sheet-metal ware, all series
49
Newsprint, production, percent of capacity
50
Binders' board, p r o d u c t i o n . . .
_ 51
Glass containers, unfilled orders
52
Illuminating glassware, orders, production, shipments, and stocks. (See new series)
52

DATA DROPPED IN JUNE 1933 ISSUE f
Farm products—price index of dairy and poultry
products
Building costs, by types of construction (American
Appraisal Co.)
McLellan 5- and 10-cent stores (sales and stores)._
Hours of work per week in factories, nominal or
full-time week (National Industrial Conference
Board)
_
Unemployment, applicants, at employment
agencies.
Gold, held under earmark for foreign account
Bond prices, domestic, U. S. Liberty (N.Y. Trust
Co.)
_
Rope paper sacks, shipments
_
Scrap rubber, stocks at reclaimers
Face brick production (brick drawn from k i l n s ) . .
Glass containers, net new orders
Cotton textiles, production, shipments, stocks, etc.
Wool machinery activity, sets of cards

23
25
26
28
29
32
33
50
50
51
51
53
53

INDEX TO MONTHLY BUSINESS STATISTICS
Page
Abrasive paper and cloth
50
Acceptances, bankers'
30
Accessories, automobile
54
Advertising, magazine, newspaper, radio
25, 26
Africa, United States trade with
34
Agricultural wages, loans
30
Air conditioning equipment
47
Air mail
26
Airplanes
35,54
Alcohol, denatured, ethyl, methanol
36
Aluminum
48
Animal fats, glues, greases
36,37
Anthracite industry
22,29,42
Apparel, wearing
29, 52
Argentina, United States trade with; exchange; flaxseed stocks™
32,34,37
Asia, United States trade with
34
Asphalt
_
___
43
Automobiles
22,27,28,29,54
Babbitt metal
48
Bank suspensions
.
31
Barley
39
Bathroom
fixtures
46
Beef and veal
40
Bituminous coal
22,28,29,42
Boiler and boiler
fittings
46
Bonds, prices, sales, value, yields
33
Book publication
50
Boxes, paper, shipping
50
Brass
...
..
49
Brazil, coffee; exchange; United States trade
with
32,34,41
Brick
51
Brokers' loans
30
Bronze
49
Building contracts awarded...
24,25
Building costs
25
Building materials._
_.__ 24,25,44,46,47,51
Business activity index (Annalist)
22
Business failures
,
31
Butter.
___„
39
Canadian statistics
55, 56
Candy
_
41
Canal traffic
35
Capital issues
.
32
Carloadings
22,34,35
Cattle and calves
_
__ 40,43
Cement
22,27,29,51
Chain-store sales
26,27
Cheese
__
39
Chile, exchange; United States trade with... 32,34
Cigars and cigarettes
42
Civil-service employees
28
Clay products
23,24,27,28,29,51
Clothing
24,25,27,28,29,52
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
24
Costs
25
Highways
25
Material costs..
25
Copper
48
Copper wire cloth
49
Copra and coconut oil
37
Corn
39
Cost of living index.
23
Cotton, raw and manufactures..,
23,52
Cottonseed, cake and meal, oil
37
Crops
_. 23,37,39,40,52
Dairy products
23,39
Debits, bank
30
Debt, United States Government
32
Delaware, employment, payrolls
28,29
Department-store sales and stocks
27
Deposits, bank
30
Disputes, labor
29
Dividend payments
33
Douglas
fir
44
Earnings, factory
29,30
Eggs
__
23,41
Electric power, production, sales, revenues._ 22,38
Electrical energy, consumption index
22, 23
Electrical equipment
48,49
Electric railways
34
Employment:
Cities and States..
28
Factory, Federal Reserve Board indexes.. 27,28
Nonmanuf acturing
_
28
Miscellaneous data
28
Emigration
35
Enameled ware
,
46
Engineering construction
25
England, exchange; United States trade with. 32,34
Exchange rates, foreign
32
Expenditures, United States Government
32
Explosives
36
Exports
.
34
Factory employment, pay rolls, operations..
27,
28,29,30




Page
Factory operations, proportion of full time
worked
28
31
Failures, bank; commercial
24
Fairchild retail price index
34
Fares, street railways
28
Farm employees
23
Farm prices, index
32
Federal Government, finances
Federal-aid highways
25,28
30
Federal reserve banks, condition of
30
Federal reserve member bank statistics
36
Fertilizers
54
Fire-extinguishing equipment
25
Fire losses
Fish and fish oils
37,41
Flaxseed
37
44
Flooring, oak, maple, beech, and birch.
40
Flour, wheat
Food products
22,23,27,28,29,39 40,41
44, 51
Footwear
34
Foreign trade, indexes, values
Foundry equipment
47
France, exchange; United States trade with_ 32,34
27,54
Freight cars (equipment)
34,35
Freight carloadings, cars, indexes
35
Freight-car surplus
Fruits
23,39
Fuel equipment
47,48
Fuels
42,43
Furniture
45,47
38
Gas, customers, sales, revenues
Gas and fuel oils
42,43
Gasoline
43
54
General Motors sales
Glass and glassware
22, 27, 28,,29,52
Gloves and mittens
43
Gold
32
Goods in warehouses
26
Grains
23,24,,39,40
Gypsum
52
44
Hardwoods
51
Heels, rubber
43
Hides and skins
Hogs
40,,41,43
Hosiery
52
Hotels
28;,29,35
Housing
23,25
Illinois, employees, factory earnings
28,,29,30
34
"mports
32
income-tax receipts
26
incorporations, business
22
industrial production, indexes
27
installment sales, New England
31
insurance, life
33
interest payments
30
Interest rates
30
Investments, Federal reserve member banks_
Iron, ore; crude; manufactures
22, 45,46
Italy, exchange; United States trade with__ 32,34
Japan, exchange; United States trade with__ 32,34
43
Kerosene
29
Labor turnover, disputes
41,43
Lamb and mutton
41
Lard
_
_. ._
48
Lead
Leather
22, 23, 24, 25, 26, 27, 28, 29,43
54
Leather, artificial
33
Liberty bonds
37
Linseed oil, cake, and meal
Livestock
23,40, 41,43
30
Loans, agricultural, brokers', time
54,55
Locomotives
53
Looms, woolen, activity
43
Lubricating oil
Lumber
22,23,24,27,28,29, 44,45
44
Lumber yards, sales, stocks
53
Machine activity, cotton, silk, wool
Machinery
25,26,27,28,29,34,47, 48,49
48
Machine tools, orders, shipments
25,26
Magazine advertising
22
Manufacturing
23
Marketing, agricultural, forest products
28,29
Maryland, employment, pay rolls
28,29
Massachusetts, employment, pay rolls
40,41
Meats
Metals
22,23,27,28,29,45, 46,47
36
Methanol
Mexico:
42
Petroleum production and exports
32
Silver production
34
United States trade with
39
Milk
Minerals...
22,42, 45,48
32
Money in circulation
23,36
Naval stores
32
Netherlands, exchange
28,29
New Jersey, employment, pay rolls
50
Newsprint
New York, employment, pay rolls, canal
traffic
28, 29,35
30,33
New York Stock Exchange
30
Notes in circulation
39
Oats
34
Oceania; United States trade with
28
Ohio employment

Page
35
Ohio River traffic
Oils and fats
36,37
Oleomargarine
33
Orders, indexes, new and unfilled
23
Paints
38
Passengers, street railways; Pullman
34,35
Passports issued
35
Paper and pulp
22, 23, 24, 27, 28, 29 49, 50
Pay rolls:
Factory, Federal Reserve Board
29
Factory, by cities and States
29
Nonmanufacturing industries
29
Pennsylvania, employment, pay rolls
28,29
Petroleum and products
22, 27, 28, 29, 42,43
Pig iron _ _ _
22,45
Pork
40,41
Postal business
26
Postal savings
31
Poultry
23,41
Prices:
Cost of living, indexes
23
Farm, indexes
23
Retail, indexes
24
Wholesale, indexes
24
World, foodstuffs and raw material
24
Printing .
50
Production, industrial.
22
Profits, corporation
32
Pyroxylin products
38
Public finance
32
Public utilities
28,29,34 35,38
Pullman Co
35
Pumps
48
46
Radiators
25
Radio, advertising
Railroads; operations; equipment; financial
statistics
34,35, 54,55
34
Railways, street
53
Rayon
25
Real-estate market activity
54
Registrations, automobiles
23
Rents, index
Retail trade:
Chain stores:
26,27
5 and 10
27
Grocery
27
Restaurant
27
Department stores
27
Mail order
38
Roofing
39,40
Rice__
Rubber, crude; scrap; clothing; footwear;
tires
22,23,24,27,28,29, 50,51
40
Rye
46
Sanitary ware
30
Savings deposits
41
Sheep and lambs
Shoes
22,24,25,26,27,28,,29,44
Shipbuilding
22,27,28, 29,55
23,53
Silk
22,32
Silver
43
Skins
44,45
Softwoods
32
Spain, exchange
53
Spindle activity, cotton
Steel, crude; manufactures
22, 46,47
33
Stockholders
23
Stock indexes, domestic and world
27
Stocks, department stores
33
Stocks, issues, prices, sales, yields
Stone, clay, and glass products
22, 23, 28, 51,52
23,41
Sugar
36
Sulphur___
36
Sulphuric acid
36
Superphosphate
23,41
Tea
35
Telephones and telegraphs
47
Terneplate
52
Terra cotta
53,54
Textiles, miscellaneous products
52
Tile
44,45
Timber
23,48
Tin and tin plate
Tires. . .
22,24,27,28, 29,51
Tobacco
22,25,26,27,28, 29,42
48
Tools, machine
28
Trade-unions, employment
35
Travel
55
Truck and tractors, industrial electric
United Kingdom, exchange; United States
31,34
trade with
32
Uruguay, exchange
United States Steel Corporation
30, 33,47
Utilities
28,29,32,34,35, 38,55
37
Vegetable oils
23,39
Vegetables
Wages
29,30
Warehouses, space occupied
26
Waterway traffic
35
Wheat and flour
23,40
Wholesale prices
24
Wisconsin, employment; pay rolls
28,29
Wood pulp
49
Wool
22,,23,53
22,48
Zinc