Full text of Survey of Current Business : June 1935
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JUNE 1935
SURVEY
OF
CURRENT BUSINESS
UNITED STATES
DEPARTMENT OF COMMERCE
BUREAU OF FOREIGN AND DOMESTIC COMMERCE
WASHINGTON
V O L U M E 15
NUMBER 6
UNITED STATES DEPARTMENT OF COMMERCE
DANIEL C. ROPER, Secretary
BUREAU OF FOREIGN AND DOMESTIC COMMERCE
CLAUDIUS T. MURCHISON, Director
SURVEY OF
CURRENT BUSINESS
Prepared in the
DIVISION OF ECONOMIC RESEARCH
H. GORDON HAYES, Chief
M. JOSEPH MEEHAN, Editor
Volume 15
Number 6
JUNE 1935
CONTENTS
SUMMARIES AND CHARTS
Business indicators
Business situation summarized
Comparison of principal data, 1931-35
Commodity prices
Domestic trade
Employment
Finance
Foreign trade
Real estate and construction
Transportation
Survey of individual industries:
Automobiles and rubber
Forest products
Iron and steel
Textiles
Page
2
3
4
5
6
7
8
9
10
11
,
12
13
14
15
SPECIAL ARTICLE
Current trends in the cotton industry
16
STATISTICAL^ DATA
New and revised series:
New series: Wholesale price of wheat, No. 1 dark northern Spring
Minneapolis; shipments and stocks of structural clay products; and rayon deliveries
19, 20
Revised series: Indexes of department store sales and production of goat and kid and sheep and lamb leathers.
19, 20
Weekly business statistics through May 25
21
STATISTICAL DATA—Continued
Monthly business statistics:
Business indexes
Commodity prices
Construction and real estate
Domestic trade
Employment conditions and wages
Finance
Foreign trade
Transportation and communications
Statistics on individual industries:
Chemicals and allied products
Electric power and gas
Foodstuffs and tobacco
Fuels and byproducts
Leather and products
Lumber and manufactures
36
39
39
43
44
45
Metal and manufactures:
Iron and steel
Machinery and apparatus
Nonferrous metals and products
Paper and printing
Rubber and products
Stone, clay, and glass products
Textile products
Transportation equipment
Canadian statistics
46
48
49
50
51
52
53
55
56
General index
Subscription price of the SURVEY OF CURRENT BUSINESS is 31-50 a year. Single-copy price: Monthly, 10 cents; weekly, 5 cent;
Foreign subscriptions, 33, including weekly supplements. Make remittances only to
Superintendent of Documents, Washington, D, C.
136341—35
1
Page
22
23
24
25
27
30
34
35
Inside back cover
SURVEY OF CURRENT BUSINESS
June 1935
Business Indicators
1923-25 = 100
INDUSTRIAL PRODUCTION
160
1OO
TOTAL
1OO
(Adjusted)*'
^
mill
40
16O
INDUSTRIAL PRODUCTION
160
AD
FACTORY EMPLOYMENT AND PAYROLLS
1OO
EMPLOYMENT
4O
I
CONSTRUCTION CONTRACTS A W A R D E D
(Unadjusted)
TOTAL FREIGHT CAR LOADINGS
16O
160
10O
Unadjusted
MANUFACTURES
f (Adjusted)*
1OO
(Adjusted^
-PAYROLLS
200
MINERALS (Adjusted)*
Adjusted
FREIGHT CAR LOADINGS U C. U
100
l
linn
40 n i 1 1 I n n 1 1
Unadjusted
40
DEPARTMENT STORE SALES
200
160
100
1OO
WHOLESALE PRICES
4O 1 1 n 1 1 1 1 1 1 i h
VALUE OF EXPORTS
200
200
too
1OO
Adjusted
*"X-^_
! IIII |i 111
200
10O
^^^
-*-\
BANK DEBITS OUTSIDE NEW YORK CITY
\ ^
v
~N-v ^
M 1 1 1 II I I 1 I
1931
^
^
Unodjustec
—
I I 1 I ! 1 1 1 1 1 I 1 1 1 !l
1 111 1 111 11 i ^
1932
1933
^ \r
FEDERAL RESERVE MEMBER BANK LOANS'*
160
1OO
1 11 1 1 ! 1 M t l III) 1 I
1934
ADJUSTED FOR SEASONAL VARIATION
^ ••—
i i ml ii M i \ M n Ii i M i M i n i u m
1935
* REPORTING MEMBER BANKS
D.D. 83 3Z
SURVEY OF CURRENT BUSINESS
June 1935
Business Situation Summarized
HILE the trend of business activity has recently
W
been downward, resistance to the decline has been
evident in many lines with the result that the recession
from the spring peak has been moderate. Output of
manufacturing industries increased by the usual seasonal amount during April, although the index of
industrial production declined because of the sharp
drop in the mineral production index.
Available weekly data for May do not indicate a
change in the trend. Automobile output has been curtailed; steel ingot production has declined further; cotton cloth production has continued near the lower level
reached at the end of April, and lumber production has
been reduced by labor difficulties in the Pacific coast
area. Electric power output has shown little change
during May on a seasonal adjusted basis.
Several important industries reported gains in April.
Among these were the automobile, tobacco manufacturing, leather and shoe, plate glass, cement, and machine tool industries. There was a further substantial
drop in iron and steel production. In the textile industry, production of .cotton and silk goods declined as
did rayon shipments, but operations in the woolen
industry continued at a high rate.
Employment increased slightly in April, according
to the Bureau of Labor Statistics data, due largely to
the seasonal rise in employment in retail stores. Factory employment was the same in April as in March,
while pay rolls were slightly larger.
Distribution series, with some important exceptions,
have declined since March. The drop in freight-car
loadings is explained largely by the curtailment of coal
production and the decline in miscellaneous freight
carried. The recession in the index of departmentstore sales followed a rise of about the same proportions in March, while the drop in the seasonally adjusted index of passenger car sales terminated the rapid
rise experienced in the first quarter. Rural general
merchandise sales have continued to improve.
Further gains in residential construction occurred
during April and the first half of May. The value of
all contracts awarded for April was higher than in
March but was lower than a }^ear ago as the amount of
public works contracts declined.
Security prices have improved during May, the stock
index advancing to the highest point in nearly a year.
The bond price index has been steady throughout the
month, at the higher level reached in April. New security issues in April, made up largely of bonds issued
for refunding purposes, were the highest since April
1931. During May the volume has not been large.
The heavy gold inflow and disbursements by the
Treasury have resulted in a further growth of member
bank balances held at the Reserve banks. As of May
16, these reserves amounted to $4,822,000,000, about
double the reserve requirements. Member bank credit
outstanding has shown only minor changes in recent
weeks.
Imports
Exports
Adjusted '
Unadjusted i
Adjusted »
Adjusted *
Unadjusted i
Merchandise, 1. c. 1.
Total
118 | 135.7
88 123.3
53
99.5
36
72.8
25
53.8
123
101
73
27
14
Monthly
average,
1926=100
95 5
90.0
74.8
65.5
60.4
42
47
44
43
39
43
39
47
41
72.4
71.5
74.8
70.5
68.0
65.3
73.3
68.0
79.6
32
26
26
27
27
29
31
31
31
73.3
73.7
74.6
74.8
76.4
77.6
76.5
76.5
76.9
51
48
49
49
76.4
66.8
80.3
79.8
27
28
26
26
78.8
79.5
79.4
80.1
27
43
49
54.1
67.6
75.8
17
40
27
66.3
73.2
79.5
Monthly average, 1923-25 = 100
1929: April .. ...
1930: April
1931: April
... .
1932: April
1933: April
1934:
April ._
May
June
July
_
August..
September _
October
November
December..
1935:
January ._ _
February.
March
April
Monthly average, January through April:
1933
1934
1935
124
107
90
64
67
128
110
91
63
68
103
94
83
72
65
121
104
88
63
66
122
104
87
61
65
114
104
91
80
73
105.1
96.1
80.6
66. 1
59.9
112.6
97.7
74.4
49.5
38.8
102
93
77
57
51
108
97
SO
59
53
107
101
91
75
65
104
98
88
73
63
103
110
101
73
68
110
105
102
74
64
118
92
60
37
29
88
89
84
73
73
73
75
74
77
89
89
83
71
71
70
73
73
76
81
86
87
84
83
87
87
84
85
85
86
83
76
73
71
73
74
86
85
86
83
74
72
69
72
73
85
90
88
87
85
80
82
81
81
90
82.3
82.6
81.5
79.5
79.3
73.9
76.8
76.7
78.9
67.3
67.1
64.9
60.5
62.2
58.0
61.0
59.5
63.2
60
63
64
63
63
67
64
60
56
62
63
64
61
59
59
57
59
64
67
67
65
64
65
67
66
65
62
65
65
65
65
65
64
63
64
66
73
77
70
51
60
79
82
83
135
74
77
74
73
77
75
73
74
78
50
45
50
48
49
48
45
45
43
88
91
90
89
87
91
90
91
91
92
90
79
90
89
88
86
90
88
86
86
94
96
97
87
80.5
81.9
82.4
83.3
64.1
69.1
70.7
70.8
58
61
62
59
64
65
65
61
61
63
65
65
65
65
64
63
59
61
71
79
74
75
82
73
45
47
48
46
63
72
60.5
83
86
79.2
90
88
81.8
1
Adjusted for number of working days.
38.9
61.7
68.7
50
61
60
64
84
90
64
66
64
68
29
48
66
68
47
1
Adjusted lor seasonal variation
Wholesale price index, 784
commodities
Foreign
i Department
store sales, trade, value,
adjusted »
value
Construction contracts,J all
types, value, adjusted
Freight-car loadings
Unadjusted i
Amount of pay rolls,
unadjusted
«
1
Minerals
Adjusted »
Manufactures
"3
1
Minerals
Year arid month
Manufactures
Unadjusted i
Number of employees, adjusted 2
Factory employment
and pay rolls
Industrial production
Bank debits outside New
York City
MONTHLY BUSINESS INDEXES
SURVEY OF CURRENT BUSINESS
June 1935
Comparison of Principal Data, 1931-35
X///////A
FIRST 4 MONTHS
(BILLIONS OF DOLLARS)
BANK DEBITS OUTSIDE NEW YORK CITY
100
REMAINDER OF YEAR
150
2OO
250
Y/////////////////A
I
I . . —J
'/////////////////7/7/////////////X
\
\
\
\
i
CONSTRUCTION CONTRACTS AWARDED — (BILLIONS OF DOLLARS)
STEEL INGOT PRODUCTION
10
2O
(MILLIONS OF TONS)
30
40
50
AUTOMOBILE PRODUCTION — (THOUSANDS OF CARS)
FREIGHT CAR LOADINGS — (MILLIONS OF CARS)
10
2O
3O
_40
Y///////////////77///////A
' ' '(
D,D. 6333
SURVEY OF CURRENT BUSINESS
June 1935
Commodity Prices
commodity prices, as measured by
WHOLESALE
the index of the Bureau of Labor Statistics,
remained practically unchanged during the 4 weeks
ended May 18 at the recovery high of approximately
80 percent of the 1926 level. The price index of each
of the 10 groups of commodities has changed very
slightly during the past 4 weeks, with the exception of
the index of food prices which fell from a high of 85.4
percent of the 1926 level in the week ended April 27
to 83.8 percent in the week ended May 18. Hides
and leather prices advanced one-half point during this
period to 88.4 percent of the 1926 prices, the high for
this series since the week ended May 19, 1934. The
index of this group is currently the highest of the 10
group indexes relative to 1926 prices, being 3.1 points
above the next highest index, that of metals and metal
products, and 8.4 points above the combined index.
Retail food prices have changed but little on the
average during the 4 weeks ended May 7. From April
9 to May 7 there was, however, considerable change
in the prices of some of the 6 groups that compose the
index. The prices of meats, eggs, and fruits and vegetables increased, respectively, 2.3, 9, and 1.8 percent,
and the prices of dairy products decreased 4.4 percent.
The prices of cereals and miscellaneous products were
practically unchanged. The combined index on May
7 was 15 percent higher than on May 8, 1934, 33 percent higher than on May 15, 1933.
Retail prices of department store articles on May 1
were unchanged from the level of the preceding month,
according to the Fairchild index. The May 1 quotations were 3.5 percent below those of a year ago. The
prices of piece goods declined 1.6 percent from April 1
to May 1, but this was offset by slight advances in
home furnishings, men's apparel, and infants' wear.
The cost of living of wage earners, as reported by
the National Industrial Conference Board, rose 1 percent during April. The advance was occasioned by
increases in the cost of food and rent. The index is
currently 6.1 percent higher than a year ago and 16
percent higher than in April 1933, the low point
during the depression.
Farm prices in mid-May were lower than a month
earlier. In April, the Department of Agriculture's
index recovered the loss of March, advancing to 111
percent of the prewar average. Since the middle of
April, prices of cotton, fruits, poultry products, and
certain grades of livestock have advanced, while
grains, dairy products, truck crops, and the lower
grades of cattle have declined.
i
M|
®0
•S3
1
flc
Year and month
itn
Economic classes
«
"S
Groups and subgroups
Ss
*!
il
2
3
1s
1
£ 1
*
3 «
|
W
B
i
I
1
i
an
•d
«
•3
I
u
a>
g
aM § 1 1 ||
a 1 a 1
$
£ 3
*3
1
I
3
fe
£
5 I
ip
1
03
S3 -2
v
e B'3
1 3
bfi
72
bfi
B
•0
•a•w
0
il s, J
*O
c3
S3
&
^
1
1
1
1
J3
8
1934
1935..-.
Retail
*4
Q
•*»
a&
2-
tl
S3
£^3
|1
S3
-*-££
! si
09
Mo.
Deo,
Mo.
Mo.
average, average,
average, 193&I,
1909
1923 = 1914=to 1913 = (Jan.
1931) 100
100
100
100
Monthly average, 1926=100
1929: April
1930: April
1931: April
1932: April.
1933: April .
1934:
April
May
June__
.
July
August
-.
September
October
November..
December
1935:
January
February
March
April
Monthly average,
January through
April:
1933
Farm, combined index, 47
commodities (Department
of Agriculture) »
Wholesale (Department of Labor)
5
Cost of living (National Industrial Conference Board)
INDEXES OF COMMODITY PRICES
95.5
90.0
74.8
65.5
60.4
95.0 97.0
90.7 89.8
78.3 68.3
71.1 55.5
65.7 50.0
94.8 104.9
86.1 95.8
71.5 70.1
59.6 49.2
57.3 44.5
94.3
84.1
59.5
44.5
44.8
98.0 111.5
94.9 103.2
76.3 79.9
61.0 59.8
56.1 50.3
91.8
87.8
75.9
70.9
65.3
96.3
93.5
81.5
72.5
70.2
94.7
91.2
81.3
74.4
71.4
81.9 107.8 94.0 102.3
79.5 102.7 93.5 95.3
65.4 87.5 87.9 85.7
70.2 75.0 76.3 80.3
61.5 69.4 71.5 76.9
91.6
84.0
68.2
56.1
51.8
81.9
81.0
71.5
64.7
57.8
99.1
97.9
88.2
78.8
71.5
144
136
97
67
58
152
151
124
104
90
94.3
78.2
69.4
73.3
73.7
74.6
74.8
76.4
77.6
76.5
76.5
76.9
77.1 65.1
77.8 65.1
78.2 67.3
78.2 68.3
79.2 71.6
80.1 73.9
79.2 72.1
79.3 72.2
79.5 73.1
73.9
73.7
72.9
72.7
72.6
71.8
71.5
71.1
71.0
59.6
59.6
63.3
64.5
69.8
73.4
70.6
70.8
72.0
58.8
63.9
72.4
74.8
86.0
88.1
85.0
87.2
91.5
66.2
67.1
69.8
70.6
73.9
76.1
74.8
75.1
75.3
57.3
60.0
62.2
63.4
69.4
76.6
70.0
68.4
69.0
78.6
78.9
78.2
78.4
78.3
78.3
78.0
78.0
78.0
86.7
87.3
87.8
87.0
85.8
85.6
85.2
85.0
85.1
75.5
75.4
75.6
75.4
75.7
76.5
77.1
76.9
77.8
71.7
72.5
72.8
73.9
74.6
74.6
74.6
74.4
73.7
88.9
87.9
87.1
86.3
83.8
84.1
83.8
84.2
85.1
75.3 69.5
73.6 69.8
72.7 70.2
71.5 69.9
70.8 70.2
71.1 70.2
70.3 69.7
69.7 70.6
70.0 71.0
78.4
78.6
78.8
79.1
79.6
81.0
80.9
80.8
80.8
82
82
86
87
96
103
102
101
101
107
108
109
110
112
117
116
115
114
89,4
88.6
88.2
87.9
87.7
87.7
87.4
87.4
87.2
78.8
79.5
79.4
80.1
80.8
81.5
81.7
82.3
76.6
77.4
76.6
77.5
71.2
71.7
71.8
72.3
77.6
79.1
78.3
80.4
88.8
87.4
82.8
87.9
79.9
82.7
81.9
84.5
81.6
87.9
91.6
94.3
77.7
77.4
77.3
77.2
84.9
85.0
84.9
84.6
79.3
80.4
81.5
81.0
72.9
72.5
73.0
72.8
86.2 81.2
86.0 80.7
85.4 80.7
86.3 80.7
85. S
85.8
85.7
85.9
70.3
70.1
69.4
69.2
70.7
70.1
69.2
68.7
81.6
82.4
82.4
83.2
107
111
108
111
119
122
122
124
86.8
86.6
86.3
86.3
60.4
73.2
79.5
66.0
76.8
81.6
49.5
65.3
77.0
56.9
73.7
71.8
42.7
60.2
78.9
36.6
62.0
86.7
55.1
66.1
82.3
50.1
54.0
88.9
66.1
78. 5
77.4
70.1 71.4
86.5 75.3
84.9 80.6
63.5
72.2
72.8
68.6
89.2
86.0
72.2
81.2
80.8
77.4
86.9
85.8
51. 6
76.3
69.8
59.3
68.7
69.7
72, 3
78.2
82.4
57
82
109
92
107
122
70.0
89.3
86.5
i Revised. See p. 20 of the November 1934 issue.
* Middle of month.
81.8 87.9
82.0 89.1
82.0 87.7
81.6 86.8
81.8 86.7
81.8 86.6
81.7 86.3
81.3 86.2
81.2 85.9
»Index is for 1st of following month.
6
SURVEY OF CURRENT BUSINESS
June 1935
Domestic Trade
sales during April and the first half of May
RDTAIL
were less satisfactory than in March. The ad-
which came in March a year ago, and the additional
working day this year. After adjustment for these
justed indexes, which make allowance for the usual factors, sales were about the same as in 1934. For
seasonal movement and Easter influences where the the 4 months sales were up 3 percent.
latter affect sales, generally turned downward in April.
Variety store sales have followed a similar trend,
The dollar volume of sales, however, has continued the April drop in the adjusted index canceling the rise
in excess of a year ago and for individual lines, such of the preceding month. Chain-grocery sales showed
as automobiles, the gains over 1934 have been very about the usual seasonal rise.
substantial.
New passenger car sales, adjusted for seasonal variaIn the general merchandise field, sales in rural areas tion, declined from 94.5 percent of the 1923-25 average
have recorded further improvement. The Bureau's in March to 78.5 in April. This latter figure was conindex of rural retail sales, which is based on the mail- siderably higher than in April 1934, and for the 4
order figures of three companies and the sales of a large months of 1935 sales were 52 percent above a year ago.
group of chain units operating in small towns and rural May business has continued relatively high, although
areas, rose to 101 percent of the 1929-31 average in the recession as compared with April appears likely to
April, which is the largest volume of sales on a sea- exceed the estimated seasonal drop of about 6 percent.
Advertising effort has expanded during the spring
sonally adjusted basis since June 1930. Compared
with a year ago, sales were up 37 percent; for the 4 by more than usual for this period, thus affording
months they were 21 percent above 1934. The March- another indication of a more aggressive effort to expand
April sales gain was largest relatively in the East, the business this year. Newspaper linage in April was the
increase of 11.5 percent for this area comparing with largest for this month since 1931. Other forms of
a 7-percent gain for all regions combined. Sales in the advertising have shown a similar trend.
Business failures have again turned downward, folSouth were slightly lower than in March, but this
region reported the largest gain over a year ago, both lowing the contraseasonal increase in April when
failures exceeded the total in the comparable period of
for April and the past 4 months.
The increase in department store sales in April fell the preceding year for the first time since 1932. Liabilshort of the estimated seasonal amount, the adjusted ities involved in commercial failures in April were less
index dropping back to the approximate level of Jan- than in March and considerably lower than a year ago.
uary. Sales were 12 percent higher than in 1934, the The decline in failures during May again brought the
increase being influenced by the late date of Easter total below the corresponding 1934 figures.
DOMESTIC TRADE STATISTICS
Wholesale
trade
Retail trade
Chain-store sales
|
Variety stores
Department stores
Stocks 3
Sales
Year and month
Unad- Adjust- justed '
ed^
Unad- Adjust- justed i
ed2
Monthly average, 1923-25=100
1929: April
1930: April
1931- April
1932: April
1933: April _
1934:
April
May
June
July . _
August..
September
October
November..
December...
1935:
...
January. __
February
March
April
Monthly average, January
through April:
1933
1934
1935
Combined
index
(18 companies) *
Avg. same
mo. 192931 = 100
Unad- Adjust- just-
ed i
ed J
Monthly average, 1929-31 =
100
102.3
94.7
99.1
101.5
96.0
97.5
77.3
83.5
77.9
77.5
New passenMailorder
ger car sales
and
store Unad- Adsales, 2 just- justhouses
ed!
ed »
Employment
Thou- Monthly aversands of age,
1929-31 =100
dolls.
154.5
55, 619 232.7
103.5
56, 561 154. 5
75.0
112. 0
52, 078
55.5
37.5
39, 745
45.5
30.5
35, 457
Monthly average, 1929=100
97.8
97.9
97.5
97.1
83.7
86.7
66.3
77.6
52.4
71.5
Pay
rolls
Freight-car
loadings, merchandise I.C.I.
Commercial
failures
AdUnad-1 justjusted
ed '
Failures
Monthly average, 1923-25=
100
104
107
98
101
91
88
75
73
65
63
Num- Thouber- ofsands
dolls.
103
110
101
73
68
110
105
102
74
64
103
101
87
72
55
99
97
84
69
53
89
80
73
77
70
51
60
79
82
83
135
74
77
74
73
77
75
73
74
78
68
68
63
69
61
67
71
74
60
65
66
65
64
64
64
64
65
64
92
90
92
93
93
95
92
93
94
82.5
90.0
86.3
79.7
79.9
85.5
91.3
92.9
163. 9
87.2
90.0
90.8
89.5
90.3
89.5
90.0
91.5
88.9
46, 037
51,072
46, 330
37. 387
44. 134
52. 997
64, 134
60, 595
76,631
87.9
78.1
84.6
73.9
63. 1
51.9
47.3
39.2
27.7
59.0
55.5
63.5
67.0
56.0
53,0
59.0
63.0
49.0
82.1
82.8
82.3
82.2
82.5
83.5
84.3
85. 1
85.0
63.1
62.6
62.8
63.8
62.7
63.6
64.5
64.2
64.8
67
67
65
64
65
67
66
65
62
59
61
71
79
74
75
82
73
57
61
65
66
64
64
63
64
92
%
96
96
67.2
75. 8
78.1
92.9
90.2
90.8
93.0
90.6
41,194
41,573
54, 763
59, 644
51. 5
100. 2
116.4
75.0
86. 5
94.5
78.5
84.2
84.6
84.0
83.2
63.9
64.6
65. 2
64.8
61
63
65
65
79
91
95
67.4
78.2
78.5
29, 054
40, 554
49, 294
33, 5
56 2
85.2
72.2
81.4
84.0
54.8
61.6
64.6
64
66
64
54
66
68
Corrected to average daily basis.
54
64
62
2 Adjusted for seasonal variation.
3
End of month.
_
Liabilities
2,021
2,198
2,383
2,816
1,921
35, 270
49, 059
50, 868
101, 069
51, 097
65
65
65
65
65
64
63
64
66
1,052
977
1,033
912
929
790
1,091
923
963
25, 787
22, 561
23, 868
19, 326
18. 460
16, 440
19, 968
18,350
19,911
65
65
64
63
1,184
1 , 005
976
1,115
18, 824
18, 738
18, 523
18, 064
2,292
1,142
1,070
61,069
26, 341
18,537
* See note on p. 26 of the Nov. 1934 issue.
SURVEY OF CURRENT BUSINESS
June 1935
Employment
in manufacturing industries reEMPLOYMENT
mained unchanged from March to April, according
to the Bureau of Labor Statistics. April employment
was also unchanged from a year ago. Pay rolls were
0.1 percent higher than in March and 5.2 percent
higher than in 1934. Of the 90 manufacturing industries surveyed, 49 reported gains in employment from
March to April and 50 reported increased pay rolls.
As the seasonal adjustment factors for March and
April average about the same, the adjusted employment index changed only fractionally. Seven of the
fourteen group indexes declined after adjustment for
seasonal variation, while the other seven advanced.
Employment in the durable goods industries increased in April for the fifth consecutive month, the
increase over March amounting to 1.1 percent. Of
the 46 industries of this type, employment increases
were reported for 30 and decreases for 16. All except
1 of the 7 major groups classified as durable goods industries showed increases, and for the first time in 5
months the automobile industry failed to contribute
materially to this gain.
Among the 44 nondurable goods industries, 19
reported increases in employment and 25 decreases.
The net decline for the entire group over the month
period was 0.8 percent.
Despite the increases in employment in durable
goods industries in recent months, the level of employment in this group remains much lower than in the
nondurable goods industries. The April index for
the durable goods industries was 71.6 percent of the
1923-25 average, while the nondurable goods index
stood at 94.
Among the more important industries for which
more than seasonal gains in employment were reported were electric- and steam-car building (13 percent) ; engines, turbines, and tractors (7.3 percent); and
stoves (6.1 percent). The carpet and rug, and paint
and varnish industries reported gains of 5 percent and
4.8 percent, respectively, which were counter to the
usual seasonal movement. Increases among industries
allied to the building construction industry were more
or less seasonal.
Among important industries showing more than
seasonal declines in employment in April were the
rubber boot and shoe industry (13 percent), silk and
ray on (7.2 percent), and woolen and worsted goods (5.9
percent). The 7.3 percent decline in employment in
the fertilizer industr}^ was contraseasonal. Despite
the curtailment of operations in the cotton cloth
industry, the employment decline was only slightly
more than seasonal.
The quarrying and nonmetallic mining industry
made the largest gain (12 percent) among the 17 nonmanufacturing industries surveyed. The gains reported for building construction (11 percent), dyeing
and cleaning (10 percent), and retail trade (4.2 percent) were largely seasonal. The increase in employment in the retail trade field approximated the change
for all industries covered by the monthly survey. A
large decline in employment was reported for the
bituminous coal mining industry.
STATISTICS OF EMPLOYMENT, PAY ROLLS, AND WAGES
Factory employment
and pay rolls
Pay
Employment rolls
Year and
month
Anthracite
mining
Unad- Ad- Unadjusted justed * justed rt£
££t
tolls
***
Nonmaimlacturmg employment and pay rolls
(Department of Labor)
Telephone
Power and
Bituminous
and telegraph
light
coal mining
EmEmploy- Pay
ploy- Pay
Dl™y~- Pa*
ment rolls ment rolls
s «>"*
Retail trade
Employment
p
*3*
rolls
earnings earnings
Common
labor
Cents
per
hour
88.3
75.0
75.2
72.0
37.4
100.2
94.4
85.9
65.5
63.7
89.2
81.7
58.6
33.9
26.6
95.9
100.7
97.1
84.8
76.9
95.5
102.6
97.6
82.4
69.4
97.8
98.9
88.1
81.2
72.3
98.3 ]
103.4
95.0
83.4
67.8
97.6
98.1
91.3
78.7
73.3
97.2
97.9
87.5
67.7
52.0
Percent
of total
members
88
79
75
69
67
51.7
64.0
53.3
42.3
39.7
47.0
48.3
51.2
52.3
72.2
76.7
76.7
77.0
77.1
78.2
79.3
79.8
79.7
51.4
54.4
55.1
49.7
50.4
51.4
57.6
58.3
57.0
82.4
83.1
84.0
85.0
85.6
85.8
85.8
85.5
83.6
76.8
77.6
77.8
81.1
79.9
79.3
80.6
79.6
78.3
70.2
70.2
70.4
71.0
71.0
70.9
70.3
69.9
69.7
68.8
71.4
71.3
72.3
74.0
72.2
74.9
72.2
73.2
82.5
82.9
82.6
79.0
77.8
81.7
82.6
83.7
91.1
61.2
61.5
61.4
60.1
58.4
60.6
61.9
61.9
66.2
76
76
75
72
72
75
76
75
73
20.90
20.80
20.71
19.90
19.58
19.55
20.00
20.12
20.74
.581
.586
.586
.588
.588
.592
.593
.594
.594
43
43
43
42
41
41
41
41
40
57.5
64.3
38.9
49.9
80.0
81.1
81.6
74.3
59.6
66.1
67.5
45.0
82.7
82. 2
82.2
82.6
78.0
78.3
79.4
79.0
70.5
70.0
69.8
69.7
73.9
72.9
75.3
73.1
79.5
79.2
80.1
83.6
59.7
59.3
60.4
62.5
74
76
78
79
21.61
22.09
21.86
21.93
.594
.595
.597
.598
39
39
39
40
46.6
68.3
52.7
67.6
75.5
79.3
32.7
54.1
59. 6
77.2
81.9
82.4
71.5
75.2
78.7
73.5
70.1
70.0
70.8
69.0
73.8
71.2
80.9
80.6
51.9
59.7
60.5
66
74
77
15.62
20.02
21.87
.462
.564
.596
32
30
39
Monthly average,
1923-25=100
1929: April
105.3
105.1
112.6
100.7
1930: April
96.3
96.1
84.1
97.7 1
1931: April
80.7
80.6
74.4
85.2
1932: April
66.1
66.1
49.5
70.1
1933: April
59.9
59.9
38.8
51.6
1934:
April
82.4
82.3
67.3
58.2
May
82.5
82.6
. 67.1
63.8
June
81.1
81.5
64.9
57.5
July
78.7
79.5
60.5
53.6
August
79.5
79.3
62.2
49.5
September. _
75.8
73.9
58.0
56. 9
October
78.4
76.8
61.0
58.5
November _ _
76.8
76,7
59. 5
60.7
December...
78.0
78.9
63.2
61.6
1935:
January
78.7
80.5
64.1
62.9
February
81.2
69.1
81.9
64.4
March
82.4
82.4
70.7
51.4
April.
82.4
82.3
70.8
52.6
Monthly average, January
through
April:
1933 . _
60.0
38.9
54.4
1934
78.6
61.7
63.3
1935
81.2
68.7
57.8
1
Adjusted for seasonal
Wages
Tradeunion
Factory »
members em- Average Average
ployed
weekly hourly
Monthly average, 1929=100
variation.
2
National Industrial Conference Board.
Dollars
28.82
27.25
23.93
17.33
15.49
.587
.593
.574
.513
.460
38
40
35
33
33
8
SURVEY OF CURRENT BUSINESS
June 1935
Finance
markets have improved markedly since
FINANCIAL
the middle of March, stock market averages rising
bonds of the Home Owners Loan Corporation. In
exchange therefor, lK-percent 4-year tax-exempt guarto the highest level reached in almost a year. While anteed bonds were offered.
The weekly statements of the reporting member
the upward movement has extended to all sections of
the market, the industrial and public-utility shares have banks do not reveal any expansion in the volume of
made the most consistent gains. In the final week of credit outstanding in the form of loans. The amount
May, average prices tended to decline. The move- of loans reported in the middle of May was below the
ment was selective, however, with public utility stocks corresponding figure in 1934, while "all other" loans
were within $50,000,000 of the low for the year and
as a group resisting the downward trend.
The persistence of extremely low interest rates has were about the same as a }7ear ago.
Conditions in foreign-exchange markets continued
been one of the factors affecting the quotations for
listed securities since the amount of new capital raised unsettled with the remaining "gold bloc" countries
by publicly offered issues has remained relatively low. experiencing further difficulties. The French franc,
During April, the amount of new capital obtained by the principal gold currency, has been weakened by the
public offerings of securities dropped to $90,000,000 flow of capital abroad and domestic hoarding. The
after having exceeded $100,000,000 in March. The movement of gold to the United States has again
total volume of refunding issues ($413,299,000) was assumed large proportions. With the exception of
the largest monthly total reported by the Commercial the gold imports of January of this year, the April
and Financial Chronicle since its compilation was inflow was the largest for any month since March 1934.
In an effort to aid the silver-money countries of the
started in 1919. Corporate issues, however, made up
less than one-third of the total. During May the world, the Treasury has prohibited the importation
of foreign silver coins. This was designed to stop the
volume of new issues has declined.
On May 15 the payment of one-fourth of 1 percent flow to the United States of silver coins which had
interest on time deposits, payable within 6 months from become more valuable as bullion than as coin and were,
date of deposit, was discontinued by the member banks therefore, exported to the United States.
One of the major developments of the month affectof the New York Clearing House Association. At the
same time, the Association took action whereby savings ing Government finance was the passage by both
banks no longer receive any interest on either demand Houses of Congress of the bill providing for the immediate payment of the World-War adjusted compensaor time deposit accounts carried with its members.
With its own refunding operations largely completed, tion certificates by an issue of Treasury notes. This
the Treasury has turned to the outstanding guaranteed bill was vetoed by the President on May 20 and the
issues and called for redemption on July 1 the 4-percent veto was sustained by the Senate on May 23.
FINANCIAL STATISTICS
Net
R e p o r t i n g member
Total
gold
banks,
Wednesday Federal bankSavings deposits Stock
imclosest
to
end
of
Reserve
Bank
ac- ports
prices
bank ers'
month i
debits
ceptinMoney
(421)
credit ances
in
cluding
outside
StandoutoutcircuNew Loans
gold
ard
standTear and month
York
New Postal StatisAll
lation
Inreon
ing, standCity securiother
York
Savvestleased
ing,
tics
end
of
ings
State
loans ments month end of from
ties
month ear- 2
mark
1926=100
Millions of dollars
1929: April
154
186.6
26, 770
4,439
71.7
1,326
1,111
4,679
1930: April
24, 315
181.0
66.2
4,507
1,414
4,518
170
1,006
1931: April
109.2
19, 620
314
5,059
1,422
42.0
4,647
937
1932: April
43.9
14, 366
4,518
5, 452
5,262
723
5,801
6,551
-26.3
1,850
879
1933: April....
47.5
5,164
10, 616
3,698
4,706
7,884
2,459
697 -113. 3
6,137
1, 160
1934:
April . ..
14, 278
79.6
4,559
1, 197
3,577
613
53.6
5, 366
5,097
9,326
2, 485
May
14, 105
71.8
3,476
4,550
34.1
5,090
,197
9,280
569
5,355
2,463
June
14, 754
73.5
3,529
4,485
2,472
5,341
5,134
,198
0,723
534
64.7
July...
71.4
13, 910
5,114
3,358
4,515
2,462
.190
9,889
52.9
5,350
516
August
67.8
13, 420
,192
3,247
2,464
36.2
5,355
5,054
4,555
520
9,906
September,
67.0
,193
3,047
-16.3
5,145
12,888
4,747
2,464
539
5,427
10, 017
October
67.3
14, 465
5,128
,199
3,051
562
4,756
5,473
10, 030
2,455
11.1
November
69.4
,204
13, 409
3,017
5,494
5,119
4,688
2,453
561
120.8
10, 059
December..
69.2
5,154
15, 701
1, 207
3,081
4,565
543
92.2
5,577
10, 575
2,463
1935:
January
15, 066
3,024
5,142
69.7
4,537
516
5,411
1, 201
2,461
10, 683
150.5
February
67.8
13, 181
2,995
4,603
1,205
2, 465
123.0
493
5,439
5,147
10, 723
March.
63.9
1, 203
15, 849
2,974
12.3
5,477
5,185
4,635
2,471
466
10, 900
April
67.5
4,584
1,200
15, 746
146.3
413
5,500
3,112
5,158
10, 993
2,468
http://fraser.stlouisfed.org/* 91 cities.
Federal Reserve Bank of St. Louis
?
Net exports indicated by (—}.
AverBond
Interest
age
prices,
divirates,
New
dend
York
New
comper
mercial
Stock capital
issues share
paper
Ex(600
(4-6
change
com- months)
(dopanies)
mestic)
Dollars ofThous.
dollars Dollars
96.69 662, 453
3.04
97.77 731, 857
2.49
95.70 369, 536
70, 604
1.60
79.31
25, 889
1.09
80.07
92.54
92.32
93.16
92.00
91.13
90.05
91.23
91.68
92.57
145, 915
102, 733
122, 606
216, 645
179, 548
43, 375
121, 903
107, 036
140, 941
1.16
1.18
1.19
1.21
1.23
1.23
1.24
1.27
1.27
93.35
93.35
91.79
92. S5
92, 097
50,011
108, 079
89,850
1.28
1.29
1.29
1.29
Percent
6
3^-4
2^-2^
3>£-3M
2 -m
i -1H
%-l
%-\
£-1
X-i
H-i
H-l
3H-l
4
8
9
SURVEY OF CURRENT BUSINESS
June 1935
Foreign Trade
exceeded exports during April for the
IMPORTS
first time since August 1933. Trade in both
directions declined during the month, the 4-percent
reduction in imports being only slightly more than the
usual seasonal recession while the 11 percent drop in
exports was about double the estimated seasonal decline. The drop in exports extended to all groups,
although it was somewhat larger relatively in agricultural products than in nonagricultural commodities.
Tobacco exports in April were the smallest in quantity for any month since 1918. Other agricultural exports such as meats, lard, and fruits, as well as refined
sugar also dropped to decidedly lower levels during
April. On the other hand, the marked recession in raw
cotton which was a feature of the exports in other
recent months was checked; the quantity exported in
April was approximately the same as in March.
Among the nonagricultural commodities, exports of
automobiles, iron and steel-mill products, gasoline,
chemicals and related products, machinery, lumber,
and manufactures of wood, cotton, paper, and rubber
all showed declines in comparison with the preceding
month. Exports of only a few leading commodities,
including crude petroleum, copper, and electric refrigerators were considerably larger, the exports of the
last-named article being the highest on record.
For the 4 months ending April the value of finished
manufactures increased 13 percent, in comparison with
the similar period of 1934. Exports of agricultural
commodities declined and the value of total exports
was 2 percent smaller. Exports of semimanufactures
and finished manufactures increased approximately
4 and 13 percent, respectively, in quantity during the
January-April period, in comparison with 1934, while
crude materials, crude foodstuffs, and manufactured
foodstuffs showed declines of 25, 49, and 32 percent,
respectively.
The decline in the value of imports in April was due
primarily to smaller purchases of leading raw materials
and foodstuffs, and to a recession in imports of some
of the competitive agricultural products; principally
corn, oats, rye, sunflower-seed oil, cottonseed oil, and
flaxseed. Imports of butter and barley rose sharply,
the April figures being slightly larger than the totals
for the entire first quarter of 1935.
Changes in import trade during April did not alter
the general trends indicated by the first quarter's
figures. The quantity of imports for consumption for
the elapsed 4 months of 1935 increased about 17 percent in comparison with the same period of 1934, while
the increase in value was 21 percent. Agricultural
products have shown the most noteworthy expansion in
quantity. Imports of alcoholic beverages, which became an important factor in the import trade during
1934, immediately after the reopening of the American
market to foreign wines and liquors, was approximately one-fourth smaller in value in the period January-April 1935 than in the same period of 1934.
EXPORTS AND IMPORTS
Ind exes
Value Value
of
of
total total
Tear and month
eximports, ports,
adadjusted i justed!
Imports J
Exports of United States merchandise
Crude
materials
Exports,
including
reexports
Monthly average, 1923-25=100
118
118
425.3
1929- April
92
88
331.7
1930: April
60
53
215. 1
1931: April
37
36
135. 1
1932- April
29
25
105.2
1933: April
1934:
42
50
179.4
April
45
47
160.2
May
50
44
170.6
June
48
43
161.8
July
49
39
August
172.0
48
43
September _ .
191.7
45
39
October
206.4
45
November
47
194.9
43
41
December
170.7
1935:
45
January
51
176. 2
47
48
February
163.0
48
49
March.
185.0
46
April
49
164.4
Cumulative, January
through April:
329
327
1933
435.3
348
1934
343
705.4
347
349
1935
688.6
Adjusted for seasonal variations.
136341—35
2
|
Total
Finished
manufactures
Foodstuffs
SemiFruits man and
ufacTotal prep- tures
arations
AutomoMa- biles,
Total chin- parts,
ery
and
accessories
Total
Crude Food- Semiman-'
materials stuffs ufactures
Finished
manufactures
Total
Raw
cotton
71.3
52.4
40.2
34.0
28.6
47.5
31.1
22.9
20.7
16.9
53.3
37.1
28.2
21.0
11.3
8.6
4.6
6.4
4.0
2.9
65.4
47.8
31.1
18.7
15.5
228.1
189.3
110.6
58.6
47.9
51.2
50.8
31.0
12.3
8.8
63.9
35.2
18.1
7.9
7.4
410.7
307.8
185.7
126.5
88.4
146.9
105.6
54.7
36.2
21.1
98.1
69.7
51.9
38.1
32.8
82.3
61.8
33.4
18.9
13.5
83.4
70.8
45.7
33.3
20.9
192.3
168.5
45.9
38.0
47.0
37.2
39.7
66.4
82.9
71.7
54.5
24.5
17.6
28.9
20.3
17.8
32.2
43.4
39.2
35.0
17.8
16.8
14.9
17.1
22.1
20.1
21.9
18.5
15.7
4.4
3.3
4.0
2.9
7.7
7.1
9.0
5.4
5.4
29.4
26.2
27.9
28.8
29.4
29.7
28.8
30.4
30.3
83.4
76.2
78.1
76.2
78.7
73.0
70.1
71.7
68.0
19.2
17.0
18.6
18.9
20.2
18.8
18.7
20.6
19.1
21.5
20.6
20.0
18.4
15.3
14.0
12.4
11.0
12.4
141.1
146.9
135.0
124.1
117.3
149.8
137.9
149.4
126.2
41.0
42.8
42.6
39.1
34.2
38.6
35.1
40.1
28.8
45.6
46.3
39.3
29.1
30.8
57.3
46.8
47.8
47.8
26.1
26.9
26.8
27.5
23.0
24.2
26.1
27.4
21.0
28.4
30.8
26.4
28.5
29.2
29.6
29.9
34.1
28.6
173.6
160.3
182.0
160.7
55.8
45.0
40.5
38.2
32.2
27.1
21.8
21.8
16.3
16.3
16.2
12.9
5.3
6.2
5.4
4.0
27.2
25.5
30.8
26.2
74.3
73.6
94.5
83.4
18.2
18.8
23.7
22.8
17.2
20.5
25.0
22.0
168.6
152.3
175.4
166.2
43.1
45.2
50.4
45.9
65.8
51.7
59.3
56.1
29.6
29.0
35.2
30.7
30.1
26.3
30.5
33.4
i
Millions of dollars
418.1
326.5
210.1
132.3
103.3
176.5
157.2
168.0
159.2
169.8
189.2
203.6
427.5
132.1
85.3
693.2
215. 8
138.4
676.6
179.5
102.8
'l General imports through
58.0
27.2
363.0
93.0 127.1
15.3
61,0
180.7
36.0
548.0
158.5 171.7 104.5
110.2
287.1
66.5
25.1
66.1
232.9 124.5
184.6
662.5
83.5
84.8
20.8
109.7
325. 7
» Monthly average.
December 1933; imports for consumption in 1934 and 1935.
53.7
80.2
61.6
84.8
113. 2
120.4
10
SURVEY OF CURRENT BUSINESS
June 1935
Real Estate and Construction
of improved conditions in the real
EVIDENCES
estate and building field are apparent in several
construction of this type is readily explainable. Contracts let for such work so far during 1935 have been
little more than half of the 1934 total. Public works
awards in April were in smaller volume than in March
but were equal to the average for the first 4 months
of the year. Work under the new public works program has not }ret been started on a broad scale, and
has not influenced the contract totals to an appreciable
degree. Actual construction activity on public works
projects is higher than a year ago.
The value of nonresidential contracts awards in
April was less than in March but was higher than in
April 1934. Since this classification includes a large
volume of publicly-financed work, the trend is influenced to an important degree by the allocation of
funds under the public works program.
Suppliers of building materials have enjoyed a
larger volume of business this spring than in 1934.
The improved trend has been pronounced in lines
affected by residential construction. Cement shipments so far this year have been less than a year ago;
lumber shipments, on the other hand, are up 25 percent over 1934. The improvement has been reflected
in the better financial showing of the leading concerns
in the building supply field.
Construction costs have undergone very little
change so far this year. Rents are increasing slowly
and the disparity between the rise in building costs
and rents from the depression lows is still large.
directions. The gradual improvement in rents continues and surveys of space occupancies indicate a
shrinkage in the number of vacancies. Some improvement is also reported in the office building field, although the situation here is relatively less favorable
than in the residential field. Government efforts to
stimulate the flow of credit in the real estate market
are showing results not only in the availability of
credit but in the reduction of the costs of financing.
Quotations on real estate securities outstanding have
moved upward.
Contracts awarded for residential construction increased in April, after adjustment for the usual seasonal
variation, although the actual volume of such work
was still low. The value of April residential contracts
let was about twice as large as the corresponding total
in either 1933 or 1934; it was, however, much less than
half of the" total for April 1931. The construction of
new residential buildings showed an even larger
increase over 1934 than the F. W. Dodge statistics for
all types of residential work, according to the permit
data, compiled by the Bureau of Labor Statistics,
which recorded an increase in value of 123 percent.
Additions, alterations, and repair work was valued at
47 percent more than in 1934.
With the many uncertainties surrounding the public
utility situation, the relatively small volume of new
BUILDING MATERIALS, CONSTRUCTION, AND REAL ESTATE
Highways ConBuilding-material
under
shipments
construc- strucExplotion
tion
sives,
(National costs,
Pubnew Maple Oak
Eng.
PubInduslic
Newsorders floor- floorCelic
trial
utili- works
Recing
ing ment Recovery ord
ties
3
Act)
MonthThouly avThou- Thousands of ThouMillions of
erage,
sands of feet, board sands of sands of
dollars
1913 =
pounds
barrels
dollars
measure
100
203.4
83.2 108.1 39, 159 6,821 45, 501 13, 325
207.1
37.9 128.1 37, 609 4, 096 31, 874 13, 340
34.8
98.6 30, 662
3,226 28, 155 11, 184
191.6
4.9
42.4 19, 016
153.1
2, 200 12, 555
6,536
2.4
160.2
11.2
16, 197
2,097
9, 479
4,949
Construction contracts awarded
Year and month
1929: April1930: April
1931: April1932: April
_
1933: April
1934:
April
May
June
July
August
...
September
October
November
December __ .. __
1935:
January __
February _
_
March
April
Monthly average, January through
April:
1933
_
1934__
1935
1
F. R. B.
index
adjusted i
AH types of
construction
Monthly
average,
1923-25=
100
MilNum- MilMilber of lions of lions of lions
of
proj- dollars square dollars
feet
ects
Residential
building
.123
101
73
27
14
19, 948
14, 686
11, 888
7,653
7,254
642
483
337
122
57
51.7
25.4
22.6
7.2
5.8
256.8
123.1
95.9
28.9
19.1
32
26
26
27
27
29
31
31
31
8,114
9,153
8,368
7,182
7, 625
7,666
10,013
7,505
5,771
131
134
127
120
120
110
135
112
93
6.0
6.2
7.5
4.8
5.0
4.8
7.0
5.3
4.0
12.4
5.6
13.1
7.9
8.7
6.5
12.6
8.5
12.9
57.5
61.2
44.3
31.2
41.9
43.5
52.6
43.8
37. 2
26, 958
24, 231
24,812
23, 384
26, 063
25, 489
26, 892
25, 108
22, 635
4,303
4, 512
3,573
4,421
4,279
3, 386
3,408
3, 005
2, 603
9,476
9, 813
7,965
7,713
9,041
9,003
10, 095
9, 533
6,964
6,492
8,784
8,541
7,898
8,249
7,388
8,439
5,674
3,104
269, 229
288, 460
283, 506
267, 509
231,554
203, 027
179, 453
156, 599
147, 807
27
28
26
26
6,458
6, 135
8,929
10,570
100
75
123
124
5.5
4.6
8.8
11.9
22.6
24.8
26.6
19.8
18.6
17.9
26.3
19.9
14.6
22. 4
IQ.Q
32.2
42.3
8.7
3.9
6.5
7.3
35.7
23.9
39.8
33.2
29, 147
26, 019
18, 544
23,202
3, 302
2. 812
2,929
4,148
8, 676
9,015
14, 606
14,438
2,846
2,952
4,877
6,196
17
40
27
5,310
7,319
8,023
63
148
106
4.2
5.4
7.7
14.7
20.1
28. 4
4.4
12.6
6.6
18.4
69.8
33.2
16, 714
27, 193
24, 228
1, 539
4, 069
3, 298
6,890
9,109
11,684
3,310
4,460
4,218 I
Based on 3-month moving average and adjusted for seasonal variations.
Longterm
realestate
bonds
issued
Home
Loan
Bank,
loans
outstanding
Thousands of
dollars
21,711
27, 435
7 235
490
0
30, 540
195.9
199.6
199.6
199.7
198.4
200.6
200.9
201.4
201.9
0
0
0
400
0
0
0
0
0
88, 922
86, 842
86, 248
85, 723
85, 519
86, 647
87, 446
87.714
87, 258
145, 639
155,448
170, 756
187, 675
198.7
196.0
194.3
194.5
0
0
0
568
82, 585
77, 142
72, 616
74,011
230, 646
164,880
159.1
193.8
195.9
225
16, 590
9° 146
76,589
2 Index is as of 1st of month, May 1,1935,194.1.
142
11
SURVEY OF CURRENT BUSINESS
June 1935
Transportation
HE Supreme Court decision declaring the Kailway
T
Pension Act unconstitutional was the principal
event of the past month affecting the railway industry.
ing is anticipated for April, but the returns for this
month will be affected by the contraseasonal drop in
loadings.
The decline in loadings in April resulted mainly
from the curtailment of coal shipments following the
heavy movement in the first quarter when consumers
were stocking coal in preparation for a shut-down of
the mines on April 1 which did not materialize. The
adjusted indexes of both miscellaneous and 1. c. 1.
freight declined, the former showing a decrease of 4.3
percent. The movement of grain, grain products,
livestock, and ore was higher, after allowance for
seasonal changes.
The movement of carloadings during the first 3
weeks of May does not indicate any marked change in
daily average loadings for that month as compared
with April; a decline is usual for this period. Loadings
for the 3 weeks ended May 18 were 5 percent below a
3^ear ago.
The delivery of new passenger equipment to various
railroads throughout the country has focused increasing public attention on the efforts to stimulate passenger travel. The large railway equipment orders of
last year, however, have not been repeated during
1935; new equipment placed on order this year has
made a relatively small total. Equipment shops,
however, are more active than a year ago and both
employment and pay rolls in the industry are higher
than in 1934.
This action will have an immediate effect on the financial position of certain roads which had made provision
for their potential liability under the act. The
Association of American Railroads estimates that the
decision relieved the railroads of the payment of
$60,000,000 this year and increasing amounts which
would be required under the act in succeeding years.
This sum would be in addition to what is being paid
voluntarily under prevailing pension arrangements.
In 1934, the railroads expended $35,000,000 for
pension purposes.
Relief from the pension obligation, together with
the freight rate increases wiiich were granted by the
Interstate Commerce Commission and which went
into effect in April, should tend to strengthen the
financial position of the industry which is still contending with a low volume of traffic. While there has
been some improvement in passenger business so far
during 1935, the volume of freight traffic has been
below a year ago. As a result of this trend and the
higher operating costs, net revenue from raihvay
operations has been less than in 1934. During the
first quarter, when more than one-third of the roads
failed to earn fixed charges and taxes, the net railway
operating income of the class I carriers was 25 percent
less than in 1934. A somewhat better financial show-
| Er Pullman passengers carried
1?
f
RAIL AND WATER TRAFFIC
Financial
statistics, class
I railroads
I
997.3
913.4
757.5
557. 3
506. 4
146.1
136.3
115.5
91.7
78.9
12.1
30.1
6.8
3.7
3.4
69.6
57.5
33.3
19.8
17.5
36.0
38.8
37.7
31.5
35.9
26.7
25.0
22.3
19.3
16.9
265.5
250.1
225.1
186.3
161.1
27.7
18.2
8.6
3.7
3.4
413.7
377.5
308.1
201.5
189.4
221
428
603
728
619
2,582
2,420
1,986
1,286
974
508, 587
455, 850
365, 419
264, 886
224, 859
92, 526
60, 901
38, 820
20, 273
19, 351
4,406
410
922
369
696
60
312
349
250
183
Thous.
of long
tons
1,194
1,120
929
620
664
F.B.B. index
Year and month
3
«e
5
OQ
1
3
f
Monthly average, 1923-25 =
100
. _.
102
108
93
97
77
80
57
59
51
53
1929: April
1930: April
1931: April
1932: April
1933: April
1934:
April
May
June .
July
August
September..
October
._ _
November
December..
1935:
January
February
March
April
Monthly average, January through April:
1933
1934
1935
1
Daily average basis.
ia
3
Q
I
1
rt
6
£
6
1
«*
g§
c
73
&
"3
1
3
W
|
fl
X
u
rt
!
1
4»
Freight-car surplus
Freight-car loadings
2
0
i
Thousands of cars <
ii
V
11f-0
SM
ntsb
c
«
0
Thousands of
dollars
Canal traffic
•8
3
&
00
+B
I
5
5
OQ
Jg
I
3
1
Thousands of
short tons
60
63
64
63
63
67
64
60
56
62
63
64
61
59
59
57
59
64
585.1
610.4
615.6
586.6
605.0
628.5
632.9
588.3
518. 4
101.5
106.8
100.3
93.2
95.9
116.1
121.0
123.6
122.9
5.8
6.8
6.8
4.4
4.1
5.2
5.6
5.4
6.0
24.2
25.1
24.6
20.8
22.3
22.0
22.4
21.2
18.3
26.5
28.1
34.9
42.7
40.1
34.8
30.6
27.8
25.1
16.3
16.2
15.4
22.2
30.9
34.1
28.5
22.5
16.3
166.0
164.9
157.7
153.2
159.6
159. 3
163.2
160.1
144.2
7.2
20.7
33.1
31.3
29.0
24.4
17.1
6.5
3.1
237.6
241.6
242. 7
218.7
223. 1
232. 5
244.5
221. 3
182.5
368
355
338
348
359
318
328
381
392
1,212
1,122
1,303
1,280
1,403
1, 354
1,265
1,131
1,371
265, 391
282, 024
282, 779
275, 984
282, 679
275, 511
292, 903
256, 967
257, 506
32, 265
39, 495
41, 836
35, 221
39, 677
41, 020
48, 625
31,583
38, 738
13
5,745
7,901
7,622
6,990
6,145
5,006
2,627
300
140
550
557
519
627
465
726
559
0
1,038
1,008
835
770
976
1,045
1,029
1,015
885
58
61
62
59
64
65
65
61
542.6
581.4
602.9
575.8
137.6
143.4
136.6
94.7
7.8
8.6
6.7
5.7
18.7
25.1
25.2
25.4
24.0
25.6
26.9
26.9
14.5
12.4
11.6
12.9
144.1
152.2
160.8
161.1
2.7
3.2
3.7
8.6
193. 2
210. 9
231.4
240.2
342
320
300
310
1,398
1,204
1,219
264, 213
254, 940
280, 899
21, 349
25, 720
37, 851
0
0
0
888
0
0
0
825
708
961
486.8
582.7
577.3
100.6
132.1
128.6
4.8
8.2
7.2
15.1
22.1
23.7
28.9
28.9
25.9
15.6
15.5
12.8
156.6
160.9
154. 9
2.3
4.2
4.5
162.9
210. 7
220. 0
661
384
318
o994 ^218,937
» 1, 222 "226,550
« 1,274 <?266,684
a 11, 508
a 37, 506
» 28, 367
50
61
60
1
Adjusted for seasonal variations.
* American vessels, both directions.
4
Average weekly basis.
643
996
months' average.
12
SURVEY OF CURRENT BUSINESS
Juno 1035
Automobiles and Rubber
production has dropped below
AJTOMOBILE
the April peak, following the same seasonal
pattern as in 1934. An important factor in the decline was the strike in several plants of one of the
leading low-priced producers which temporarily cut
the assemblies of this company by about two-thirds.
While this dispute was settled rather promptly, the
subsequent expansion of assembly operation has been
slow. Other companies have readjusted their schedules downward, including the leading producer whose
output has been cut by a change from a 6- to a 5-day
week. Production for May is estimated by Cram's
at about 425,000 cars and trucks in the United States
and Canada, compared with 501,837 in April. United
States April production amounted to 477,716 units.
Production has continued through May to exceed
last year's total by a considerable margin. In the
first 4 months of the year United States production
was 1,536,066, or 42 percent more than in 1934 and the
highest output since 1929. Recent monthly gains
in production have been slightly in excess of the usual
seasonal gains, the adjusted index having advanced
6 points from January to April. The significant
factor, however, is the high rate of production rather
than the moderate change in the adjusted index.
Retail sales of cars have been in relatively large
volume in May, although the spring peak of sales,
after allowance for seasonal factors, was reached in
March, Excepting a few makes, dealers have caught
up with accumulated orders carried over into the
second quarter. With the high rate of new car sales,
the disposal of trade-ins has been a problem confronting the retail dealers.
The index of domestic sales of new passenger cars
in April increased by less than the usual seasonal
amount, the adjusted index dropping to 78.5 percent
of the 1929-31 average from 94.5 in March. Sales
were, nevertheless, 32 percent higher than a year ago
and for the 4 months were up 52 percent. Sales of
trucks have also shown substantial gains over a year
ago. Export demand has remained strong.
While rubber manufacturers have benefited from
the high level of automobile production, conditions
in this industry contrast rather sharply with those in
the automotive field. New equipment sales have
recorded sharp gains, but total sales have been relatively low due to the trend of replacement sales. For
the first quarter, domestic shipments of tires were only
5 percent larger than in 1934, despite the 47 percent
increase in automobile production. The quarterly
survey of April 1 revealed that stocks of tires in the
hands of distributors were less than a year ago;
stocks in the hands of manufacturers, however, are
relatively high and in excess of last year's total.
Some improvement has been reported in the retail
price structure, but conditions are still unsettled.
Crude prices have advanced.
AUTOMOBILE AND RUBBER STATISTICS
New passengercar sales
Automobile
exports
Automobile production
New
passenger
United States
Canada
car
F.a.B.
Passen- Trucks regisPastraindex,
senTariger
Year and month
Total
tions
adger
cabs Trucks Total
justed^
cars
Monthly average,
192325 = 100
Thousands
Pneumatic
tires 2
Crude rubber
Do-
Unad- Adjusted justed i
Do- mestic
ProconImduc- mestic
shipports
tion ments sumption,
total
Number
Monthly average,
1929-31 = 100
World
stocks,
end of
month
Long tons
Thousands
I
1929: April
1930: April
1931: April
1932: April __
1933: April
1934:
April
May
June
July
August
September ..
October._
November
December
_
1935:
January
February.
March
April _.
Monthly average, Janu a rly t h r o u g h
April:
1933.
|;
1934 ...
1935
i
143 |
102
77
35
43
622
444
337
148
176
536
372
286
121
149
1,686
486
665
31
411
84, 346
71, 092
50, 022
27, 389
26, 677
41, 901
24, 257
17, 159
6,810
8,255
47, 732
23, 777
11, 229
4,669
5,662
16, 695
11,461
5, 49S
1,630
2, 656
481, 750
357, 064
265, 732
121, 093
119,972
232. 7
154. 5
112.0
55. 5
45.5
154. 5
103.5
75.0
37.5
30.5
5,913
4,518
3, 955
2. 813
2,499
5,242
3,886
3,804
2,886
2, 874
42, 769
36, 186
30, 655
23, 877
22, 817
55, 730
45, 648
44, 908
38, 454
21, 038
285, 570
419, 288
520, 232
621, 947
617,490
85
78 !
81
78
61
51
41
40 !
88
353
330
306
265
235
170
132
83
154
288
274
261
223
184
125
84
49
111
1
0
0
0
0
0
0
6
115
64, 620
56, 691
45,197
41, 839
51,311
44, 967
47, 988
34, 462
42, 563
18, 363
20, 161
13, 905
11,114
9,904
5,579
3, 780
1, 697
2,694
16, 509
16, 058
18, 071
17, 621
12, 522
10,236
8,040
9,208
8, 279
10, 756
8, 612
6,816
6,338
7,305
7,530
7,512
7,072
7, 141
222, 900
219, 163
223, 642
228, 760
193, 828 1
146, 931 !
140, 880
107, 648
75, 514
87.9
78. 1
84.6
73.9
63. 1
51.9
47.3
39.2
27.7
59.0
55.5
63.5
67.0
56.0
53.0
59.0
63 0
49. 0
4,627
4, 323
4,212
3,252
3,427
2,848
3,188
3,241
3,665
4,212
5,049
4,956
3,954
4,091
2,993
2,834
3, 026
2,921
40, 902
39, 571
36, 620
30, 035
30, 312
27, 317
28, 526
31, 358
32, 996
45, 175
49, 901
48, 748
42, 674
32, 700
32, 010
29, 240
37,212
18, 171
647, 993
659, 865
660, 699
672, 312
663, 761
668, 814
669, 557
672, 852
670, 000
293
336
430
229
276
362
63, 584
60, 076
68, 018
76, 088
1C, 607
18, 114
21, 975
24, 121
11,035
15, 067
20, 986
18,341
6,591
6,760
8,820
8,092
136, 635
170,615
261,477
319,652
51.5
!
10*12
116,4
75. 0
86. 5
94. 5
7S.5 :
4, 488
4,251
4. 215
3,469
3,112
4,000
42, 864
38, 868
38, 997
40, 913
40, 523
47, 844
46, 640
41,458
674, 000
665, 656
670, 415
650, 851
19, 698
52, 544
66,942
5,386
12, 005
18, 704
5, 943
11,302
16,357
2,851
8,611
7,566
87,009
13,808 !
222,095
33. o
56. 2
85 '
' 1, 769 ; i 1, 797
« 4, 345 -J 3, 372
j i 318 ;3.527
19, 318
38, 985
40,411
25, 786
42, 934
618, 196
649. 260
665,231
104
105 !
106
110
m
38
73 '
106
269 !
384
331 ;
1
Adjusted for seasonal variations
(3)
(33)
(3 )
()
402 ;
in
307
91
217 i
317
2
See note on p. 51.
* Included with passenger cars. See footnote on p. 54.
J
3 months' average.
SURVEY OF CURRENT BUSINESS
June 1935
13
Forest Products
EW orders and shipments of lumber improved
N
during April; in May there was a marked decline
influenced by the suspension of operations on the
West coast due to the strike. Both orders and shipments have exceeded production which was maintained at a steady pace until the early part of May,
The disparity between new orders, shipments, and
production in the week ended May 18 was large,
orders exceeding output by 50 percent and shipments
exceeding the cut by 25 percent.
For the first 20 weeks of 1935, the industry reported
an increase of more than one-fifth as compared with
1934 in both orders and shipments. While it is possible that part of this increase may have resulted from
the increased stocks at retail yards, there has been a
substantial increase in the consumption of lumber.
The only available series of retail dealers' operations—
those for the Kansas City and Minneapolis Federal
Reserve districts—show a decline in stocks as of the
end of April in comparison with a year ago.
According to a recent report of the Timber Conservation Board, revised lumber consumption for 1934 was
placed at 15,467,000,000 feet, the highest total since
1931. Estimated consumption for the first 6 months
of 1935 was placed at 8,368,000,000 feet and if the
improvement of the first half of the year continues
through the balance of the year, consumption will be
from 10 to 15 percent above 1934.
Although manufacturers' stocks of lumber have
decreased approximately 300,000,000 feet since January 1, 1935, the Board recommended a further reduction of 900,000,000 feet. Until a further substantial
improvement in demand occurs, the Board considers
it inadvisable to maintain stocks at more than 35
percent above the ratio of stocks to consumption in
1929. This figure was suggested for the industry as a
whole and exception was made for various regions and
species.
Production in the paper industry during April was
at about the same rate as in March, but operations have
receded slightly during May. During the 4 months
ended April, production was at the rate of 70 percent of
capacity, or well above the level of a year ago. By
the week of May 25, production had receded to 67
percent of capacity.
Paperboard production during April was about 10
percent less than in March, the rate of operations
dropping from 67 to 61 percent of capacity. In the
middle of May the rate dropped temporarily to 59
percent. The output of paperboard has continued in
excess of the corresponding period of 1934.
Newsprint production in both the United States and
Canada increased in April. For the year to date the
output of United States and Canadian mills amounted
to 1,109,997 tons, the largest production for this
period since 1931. Shipments also increased in April.
FOREST PRODUCTS STATISTICS
Lumber production
Year and month
Total,
adjust- Douglas fir
ed i
Monthly average,
1923-25=
100
1929: April
1930: April
1931: April
1932: April
. _. .
1933: April
1934:
April...
May
June .
July
_
August
September
October
November . _ .
December
1935:
January.
_
February.
March
April
Monthly average January through April:
1933
1934 _
1935 .
Car loadings *
1
CaliSouth- Southern
fornia
ern
hardredpine wood wood
Millions of feet, board measure
Unadjusted
367
329
202
103
115
278
165
106
89
319
255
146
101
71
33
153
132
77
70
144
141
129
123
103
117
118
108
99
99
98
102
96
79
135
116
146
116
101
105
98
90
86
i
39
39 i
19 1i
12
10 i
24 !
26
26 !
21
26
25
28
26
21 :
33
30
111
144
145
158
100
102
103
107
131
146
150
103
136
140
85
115
103
c 61 i
o 124 i
' Adjusted for seasonal variations.
° 142 ;
SawAd- Furni- mills
just- ture,
ad- 1
aded i justed i justed
;
94
78
48
27
24
33
31
29
36
32
29
26
29
Employment
Furni- Sawture mills
ConsumpImtion
ports
by
publishers
Turpentine
and
rosin
'\
Production
Short tons
ii
98.5
72.0
63.5
111.3
85.1
62.5
36.3
24.4
90. 1
79.7
37.6
15.0
10.2
56.2
32.3
26.4
189, 986
190, 936
174, 325
148, 351
132, 032
178, 076
186, 025
175, 242
165, 301
139, 213
118,667
109, 967
102, 377
91,490
74,415
34.5
35.6
34.2
33.1
33.0
33.0
33.3
32.6
32.2
101.2
102.4
98.6
97.3
98.3
96.2
89.3
92.4
92.9
40.3
40.5
41.2
39.3
42.7
44.6
47.2
44.5
45.9
22.5
24.2
23.2
20.9
22.1
22.3
22.6
21.3
20.0
53.7
51.4
51.0
50.3
51.3
52.2
45.1
47.9
50. 2
160,815
193, 088
154, 175
150, 500
145, 095
151,900
168, 372
172, 287
165, 496
196, 490
204, 036
200, 004
197, 227
171, 390
159, 944
201, 146
194, 392
222, 897
79, 540
89,726
82, 260
74, 017
79, 971
74,120
80, 562
74, 851
79, 777'
66.4
67.6
70.3
71.1
32.4
34.2
34.6
35.0
95.6
96.3
99.7
99.3
43.5
47.1
49.7
49.2
19.1
21.4
22.4
23.7
52.7
54.2
52.3
57.9
157, 870
169, 816
171, 139
166, 122
160, 973
138, 647
181, 597
188, 700
80, 576
70, 812'
73, 528
74, 891
51.9
63.1
68.9
23.9
33.3
34.1
66.7
99.8
97.7
25.1
39.3
47.4
10.1
19.9
21.7
28.8
50.5
54.3
124, 797
153, 112
166,237
119, 948
164, 666
167,479
73, 252
79, 389
74,95S
24
111.8
95.9
77.4
61.2
50.9
87.8
75.7
45.7
26.8
22.4
33
35
34
30
31
31
31
29
26
31
33
33
30
29
30
30
30
32
63.0
64.5
64.7
64.9
62.8
83.0
61.2
60.7
62.9
20 i
23 !
23 1
28
36
34
35
31
35
33
33
14 :
» 23
21
31
33
e 22
Unadjusted
Monthly average, 1923-25=100
91
74
43
26
22
c
Turpentine
and
rosin,
unadjusted
Newsprint
Pay rolls
79
45
27
?
Of forest products.
f 3 mouths' average.
14
SURVEY OF CURRENT BUSINESS
June 1935
Iron and Steel
in the iron and steel industry was at a
ACTIVITY
slightly lower rate in May than in April, this
movement contrasting with the trend a year ago when
production was rising to meet the demands of consumers who were accumulating stocks in anticipation of
the expected price increases for the third quarter.
This year purchases are apparently going into consumption rather than into stock as code prices generally have been reaffirmed for the third quarter and
consumers continue to purchase cautiously.
The settlement of labor difficulties in the automobile
industry has resulted in the release of steel orders, but
a large immediate volume of orders is not in prospect
as the peak of automobile assemblies for the year
seems to have been definitely passed. Miscellaneous
consumers continue to be important sources of orders.
Tractor manufacturers are reported to be producing
at a high rate and to have a large volume of orders on
hand. Output of tin plate mills has approached the
record levels of 1929, according to trade reports.
Orders from the railroad industry have continued in
small volume.
Production of steel ingots in April was 8 percent
below March on both a total and a daity average basis.
Output for the first 4 months of the year of 11,013,306
tons was 12 percent above 1934 and was the highest
for this period since 1930.
Pig iron produced in April totaled 1,663,000 tons, 6
percent below the output in March. On May 1 there
were 97 furnaces in blast producing at a daily rate of
53,600 tons as compared with 98 stacks producing at
a rate of 57,300 tons on April 1.
Shipments of finished steel by the leading producer
declined 11 percent from March to April after increasing for 5 consecutive months. Shipments dropped
below the 1934 level; in the first quarter they were
substantially higher. Shipments of steel sheets b}^ independent manufacturers dropped 13 percent in April.
The report of the machine tool industry for April was
relatively optimistic, based on the trend of orders and
the anticipation of important business in the near
future. The index of new orders for April at 65.6 percent of the 1926 shipments was the highest for the past
several years, with the exception of last December.
Domestic orders, however, were larger in April than in
December.
The American Iron and Steel Institute reports that
for the first quarter of the year the output of steel
products for sale, by members operating under the
code, amounted to 6,662,000 tons as compared with
5,201,000 tons in the first quarter of 1934. This increase, amounting to 28 percent, was not uniformly
distributed among all products. The output of strip
and sheets was up by 33 percent and 42 percent, respectively. Production of bars, pipe and tubes, and plates
increased about 30 percent each. The depressed state
of the market for the heavier products is revealed by
the increase of only 11 percent in heavy structural
shapes and by a decline of 30 percent in the tonnage of
rails rolled.
IRON AND STEEL STATISTICS
General operations
EmPay
Produc- ploytion, ment, rolls, Ex- Imunad- ports ports
adadjusted i justed* justed
Year and month
Monthly average,
1923-25 = 100
1929:
1930:
1931:
1932:
1933:
April
April
April
April
April
1934:
April
May
June..
..
July
August- .
September.
October
November
December
1935:
_.
_ .«
. _
January
_. _
February
.
March
April
Monthly average, January through
April:
1933
1934
1935
Iron and
steel
Pig iron
Steel ingots Steel sheets '
Production
Furnaces
in
blast
Thousands of long
tons
Number
United
States
Steel
Corporation,
Prices
Iron
Steel
and billets,
Per- New
Ship- finished
prodor- ments
steel, Bessecent ders
mer
comucts,
(Pittsof
ship- posite 3 burgh)
caments
pacThou- ity
Long
Thousands of
sands
Production
Steel Finished
scrap
steel,
(Chicomcago) posite
97
79
50
22
25
398
300
192
103
119
377
292 1,188,456
211 878, 558
105 395, 091
100 335, 321
36.40
34.16
31.47
29.44
27.78
34.80
33.00
30.00
27.00
26.00
15.95
13.00
9.81
7.00
6.00
Dollars
per 100
pounds
2.56
2.39
2.22
2.17
2.06
Dollars per long ton
131
107
71
32
35
101.4
94.9
74.4
55.7
47.4
112.0
99.8
67.7
32.3
24.6
278
209
101
58
91
54
54
48
36
28
3, 663
3,182
2,020
853
624
215
183
113
60
48
of long
tons
4,950
4.109
2,767
1,260
1,345
76
84
85
47
38
37
41
48
64
71.5
74.3
76.3
71.4
68.8
65.4
65.6
66.4
67.7
56.8
61.3
62.6
47.6
45.5
41.1
42.8
44.2
47.6
202
242
219
233
243
301
220
299
283
27
29
25
18
32
24
20
35
20
1,727
2,043
1,930
1,225
1,054
898
951
957
1,028
110
117
89
75
62
62
65
59
69
2,898
3,353
3,016
1,473
1,364
1,252
1,462
1, 589
1, 942
53
56
53
27
23
23
25
28
35
272
246
115
73
66
77
103
133
193
184
241
302
85
78
73
95
109
142
643, 009
745, 063
985, 337
369, 938
378, 023
370, 306
343, 962
366, 119
418, 630
32.67
32.97
32.96
32.32
32.24
32.15
32.10
32.15
32.39
26.75
29.00
29.00
27.40
27.00
27.00
27.00
27.00
27.00
11.75
10.95
9.75
9.55
9.19
8.50
8.75
9.25
10.31
2.40
2.53
2.53
2.46
2.44
2.44
2.44
2.44
2.44
79
79
71
66
69.4
70.6
70.8
71.0
51.9
59.0
59.3
59.2
263
229
323
205
23
29
21
29
1,477
1, f,09
1,777
1,663
90
96
98
97
2,834
2,742
2,831
2,606
47
52
49
45
322
183
193
168
206
201
233
202
534, 055
583, 137
668, 056
591, 728
32.58
32. 54
32.36
32.29
27.00
27.00
27.00
27.00
11.80
11.25
10.50
9.85
2.44
2.44
2.44
2.44
30
65
74
47.6
68.0
70.5
23.7
48.7
57.4
73
198
255
23
572
28
1,457
26 ..1,632
44
1, 083
96
2, 453
95 1 2,753
20
43
48
90
206
217
82
166
211
288, 295
487, 124
594, 244
27.95
31.63
32.44
26.00
26.19
27.00
5.44
11.35
10.85
2.10
2.33
2.44
i Adjusted for seasonal variations.
* Black, blue, galvanized, and full finished.
short tons
tons
» See table on p. 19 of the January 1935 issue.
15
SURVEY OF CURRENT BUSINESS
June 1935
Textile Industries
T
Production of silk goods turned downward during
the early part of April, the curtailment movement
being reflected in the operations of weavers as well as
in the throwing industry. Production of silk by concerns reporting to the Code Authority for the Throwing Industry in the 4 weeks ended April 27 amounted
to about 20,000 bales, compared with 26,000 bales in
the preceding 4-week reporting period. Production
of rayon by the same producers showed a similar decline. In the silk-weaving industry, the April figures
record a drop of 3.5 percent in the number of looms
operated and a 4 percent decline in the average number
of weekly hours run per loom.
The manufacture of woolen and worsted goods was
relatively high during April. Machine activity of
combs and of worsted spindles increased during the
month, while loom activity declined. Weaving operations in the carpet and rug industry increased about
12 percent as compared with March. The table below
indicates the high rate of operations in comparison
with the same month of other recent years.
Current reports on rayon shipments indicate a substantial improvement during May, the demand being
stimulated by the reduction in yarn prices. Rayon
deliveries in April were only about half as large as in
January, after allowance for the usual seasonal variation, and were also less than in April 1934. The cumulative total of deliveries for the first 4 months of the
year, however, were 9 percent higher than in 1934.
HE seasonally adjusted index of textile production, computed by the Federal Reserve Board,
remained unchanged from March to April at 98 percent
of the 1923-25 average. Wide declines were reported
for the cotton and silk textile industries, while the
output of woolen producers continued at a high level.
Production of rayon was also lower in April. Weekly
statistics of cotton cloth production for the 3 weeks
ended May 25 indicate that production has continued
around the lower level reached at the end of ApriL
General curtailment of production under the authorization of N. R. A. resulted ia a sharp drop in the
output of both gray goods and finished cotton cloth
during April. The output of the former dropped
about 13 percent and the yardage of cloth printed and
dyed declined 13 percent and 2 percent, respectively.
During the 4 weeks ended May 25, average weekly
production of gray goods amounted to 106,000,000
yards as against 110,000,000 in the preceding 4 weeks,
and 127,000,000 yards during March. Cotton spinning activity in April was also lower than in March,
as well as considerably below the rate in April 1934.
Mill consumption of raw cotton for the month was the
lowest April consumption since 1922, with the exception of the year 1932.
The adverse conditions with which the industry has
had to contend have given rise to many suggestions of
remedial action. This subject is discussed in the
special article in this issue beginning on page 16.
Year and month
Cotton,
raw
L
IP
ll
3
S
Cotton and manufactures
t£
'?
t3-j
«£
«
t
•M
2~
cc
i.
Cotton cloth
finishing
-
S3
•o
&,
s*
Spinning
spindles
*1 I f
^ft M
q
«t£
•S c
o ^fl
S
Wool || Wool manufactures
Is
|1
c
3
«r<
&
i ^
3
Looms
£
W h o l e s a l e price,
woolen arid worsted
goods
Production index, adjusted i
TEXTILE STATISTICS
Silk
1
; a
1
»
"3
1
1
t.
39
40
29
31
26
21
35
48
65
40
41
30
26
24
18
34
29
26
55
56
54
53
51
28
45
48
63
82.0
81.0
80.8
80.7
78.9
78.0
74.8
74.1
74.0
37. 392
38, 740
33,069
32, 021
38, 247
32, 599
49, 106
37, 548
40, 941
Q
2
1
&
Month- Thou- I
ly avsands j Percent of active hours
erage,
of
;
to total reported
1926 = pounds
i
100
99.4 49, 205
84
64
70
70
41
89.6 36, 794 :
58 43
45
71.4 47, 710 i
54
57
55
42
55.1 19, 954
26
21
29
28
50.7 28, 701
35
53
29
42
631, 802
531,911
508, 691
366.481
470, 359
90
88
77
78
80
63
89
87
97
512, 594
519, 299
363, 262
359, 951
420, 949
295, 960
520,310
477, 060
413, 535
7,259
7,268
5,241
5,152
5,753
3,716
7,185
6,703
6,027
122, 951
114,803
83,414
75, 833
84, 499
90,772
126, 384
114, 139
107, 379
106,388
107, 128
118,034
109, 756
101,057
101,083
108, 830
111,758
107, 585
88. 2
86.3
86.0
85.1
86.4
87.8
86.6
84.4
84.3
29, 889
28, 213
26, 213
27, 254
28, 495
23, 467
34, 065
44, 858
57, 065
!
i
70
68
71
71
72
45
63
66
71
103
100
98
98
546, 787
478, 291
481, 135
462,844
7,510
6,575
6,663
6,058
120, 203 100, 008
117,780 97, 232
122,548 97, 732
106, 100 103, 500
84.1
83.3
82.4
81.8
58, 370 \
51,616 i
65, 006
62, 066
85
92
81
76
74
71
61
63
28
31
29
27
81
88
82
73
73.8
73.6
73.1
73.1
47, 443
41,732
44, 347
39,757
83
91
100
469, 232
510, 633
492, 26*
6,674
7,158 1 14, 800 104, 308
6,702 116, 658 99, 618
50.0
88.1
82.9
30,608
34,081
59,265
54
71
84
45
45
67
32
37
29
53
63
81
53.3
83.7
73.4
39, 928
40, 359
43, 320
1929: April
1930: April
1931: April
1932: April
1933: April
1934:
April
May .
June
July
August—.
September..
October
November
December
1935:
January.. ._
February
March
April
Monthly average, January
through April;
1933
_
1934
1935
http://fraser.stlouisfed.org/
i Adjusted for seasonal variations.
Federal Reserve Bank of St. Louis
Millions of Thousands of
spindle
yards
hours
8, 861
7,497
7,125
5,199
6,570
i Printed only.
i
!
i
i
•o
H t'it
WD-
f!
c-e
It
££?
til
ill
a? >_*
06TJ2
$U
or *
Monthly av- Bales of Percent of active hours Dollars
per
erage,
133
to total
pound
1926 = pounds
100
5.145
90. 7 53, 855
4.186
80.7 1 41,584
2.266
69. 0 41, 356
59. 7 35. 779
1.421
1. 324
53.3 41,910
Monthly average,
1923-25=
100
._
119
95
96
65
85
Running
bales
Operations, machinery activity
• Grease equivalent; see note on p. 54.
54.7
38.1
46.5
42.9
41 7
25.0
48.1
58.5
35.7
29.0
25.6
24.9
29.7
18.7
35.3
«Twisting spindles.
48.6
31.5
40.0
41.5
40.3
28.0
43.2
44.4
46.8
1.318
1.284
1.199
1.139
1.133
1.125
1.185
1.292
1.358
55.0
52.2
45.8
40.5
1.348
1.432
1. 327
1.391
56.7
48.4
1.253
1.432
1.375
16
SURVEY OF CURRENT BUSINESS
June 1935
Current Trends in the Cotton Industry
By Edward T. Pickard, Chief, Textile Division
The position of cotton in the economic scheme of the
United States hardly needs emphasis. The number of
persons deriving a livelihood in the production and distribution of cotton, the importance of the fiber in our
export trade, and its utilization as the raw material of
one of our leading manufacturing industries make
cotton perhaps the most significant agricultural commodity that the country produces.
The value of the cotton crop is the major determining
factor in the purchasing power of the population in
the Southern States. In 1934, the total value of lint
produced amounted to $612,802,000 and the value of
cottonseed to $154,970,000, making a total of $767,772,000. In former years the value of cotton produced
reached much higher figures; in 1928, the combined
value of lint and seed was $1,529,000,000 and, in 1929,
it was $1,445,000,000.
United States Share of World Cotton Production Below
Pre-War Average
The average annual cotton crop, excluding linters,
for the 5 years prior to 1934 was 14,380,000 bales. The
1926 crop, amounting to 17,977,000 bales, was the
largest ever produced in the United States, and the
smallest crop during the past 39 years was in 1921
when the ravages of the boll weevil cut the production
to 7,954,000 bales.
During the 5-year period ended with the cotton
season 1933-34 the annual output of American cotton
was 56 percent of the world total, whereas during the
5 years preceding the World War it was 62 percent of
the world total. This has been brought about mainly
by an increase in production in other countries. Although recent production in the United States has
been about 10 percent above that of the pre-war
period, production outside of the United States has
been about 45 percent above the pre-war level. The
American crop of 1934, which amounted to 9,472,000
bales as a result of curtailed acreage and adverse crop
conditions, was only about 43 percent of the world
crop. This was the first time since the Civil War that
the United States output was less than half of the
world total.
Foreign Markets Take More Than Half of Production
Shipments of raw cotton to foreign countries represented 57 percent of the American crop during the
past 10 years. The export market for our staple is,
therefore, of relatively greater importance than is the
domestic market and, since cotton is our premier
cash crop, the connection between the purchasing
power of the South and conditions in the cotton goods
markets of the world is obvious.
While changes in our cotton exports in 1934, resulting partly from the exchange regulations and other
instrumentalities of nationalistic economic policies in
Europe and, perhaps, to some extent also from some
features of our cotton-control program, have not
crystallized into a definite trend, they have been
marked in the past year. A variety of factors have
undoubtedly influenced this movement. Shipments
declined from 8,353,000 bales in the calendar year
1933 to 5,753,000 bales in 1934, a decrease of 2,600,000
bales or 31 percent. For the first 4 months of 1935,
shipments totaled 1,497,000 bales against 2,304,000
bales for the corresponding months of 1934. The
actual consumption of American cotton in foreign
countries \vas not so low as indicated by the export
figures, inasmuch as substantial quantities of American
cotton were withdrawn from local stocks.
Table 1 .—Exports of Cotton From the United States
[Thousands of running bales]
January-April
Country
Total
United Kingdom.
European continent
Germany. . . .
France
Italy
Japan .
.
.
1933
1934
Percent
decrease
1934
1935
Percent
decrease
8,353
5,753
31.1
2,304
1,497
35.0
1,490
4,422
1,653
852
804
1.814
896
2,541
740
424
493
1,737
39.9
42.5
55.2
50.2
38.7
4.2
398
1,173
436
186
200
545
262
677
95
107
182
374
34.2
42.3
78.2
42.5
9.0
31. 4
Eeduced shipments to Germany in 1934 and the first
4 months of 1935 may be accounted for chiefly by
the stringent limitation of dollar exchange for cotton
purchases. In the case of the United Kingdom, some
American cotton has been replaced by Brazilian cotton
which has been imported in much larger volume than
heretofore, owing to the record cotton crops in Brazil;
Indian cotton was also used to a greater extent. In
France and Italy the decline is to be accounted for,
in the main, by rather unfavorable conditions in the
cotton manufacturing industry, while Japan imported
larger quantities of Indian cotton as a result of the
Indo-Japanese agreement and lower relative prices for
that cotton.
Cotton exports represent the largest single item in
the merchandise exports of the United States. During
the past 10 years the value of cotton exports varied
from 13 percent (1930) to 24 percent (1933) of the
total value of all merchandise exported.
Cotton Consumption in the United States
During the 5 years ended July 31, 1934, United
States consumption of domestic cotton averaged about
5,500,000 bales annually and in the preceding 5 years,
about 6,500,000 bales annually. During the past 10
years the maximum consumption was 6,881,000 bales
in the crop year 1926-27 and the minimum consumption was 4,744,000 bales in 1931-32.
17
SURVEY OF CURRENT BUSINESS
June 1935
The bulk of the cotton used by the cotton manufacturing industry of the United States goes to mills
in the cotton growing States which take about threefourths of the total, the rest being consumed mainly
in the New England States.
Comparing the 5-year period 1929-30 to 1933-34
with the preceding 5 years, consumption of American
cotton outside of the United States declined from an
average of 8,260,000 to 7,500,000 bales, whereas the
consumption of other cotton increased from 9,690,000
to about 11,000,000 bales. It is interesting that, in
spite of the depression, consumption of all cotton
outside of the United States increased from 17,950,000
bales during the period 1924-25 to 1928-29 to
18,500,000 bales during the past 5 seasons, while consumption in the United States showed a considerable
decline. This can be partially accounted for by the
more stable demand for cotton goods in foreign countries, owing to the fact that in these countries cotton
goods represent mainly articles of wearing apparel, the
purchases of which are generally on a hand-to-mouth
basis by consumers with relatively small reserve purchasing power. In the United States, on the other
hand, cotton is used to a considerable extent for
industrial purposes.
Cotton Prices More Than Doubled From Depression Low
Cotton is a world commodity and its price is sensitive to world economic forces that affect demand, as
well as to climatic and other factors that affect supply.
Quotations for American cotton represent the price for
Middling Upland %-inch cotton and prices for the
numerous other grades and staples are determined by
differentials above or below this basic price. The
average monthly price of cotton at New Orleans
ranged, in the past 10 years, from about 26 cents in
March 1925 to 5 cents in June 1932. The highest
average price for the cotton season during this period
was 24 cents in 1924-25 and the lowest was 6 cents
in 1931-32. In 1932-33 the price was over 7 cents
and in 1933-34 it was about 11 cents. Current
quotations are between 11 and 12 cents.
Government Aid to Cotton Growers
Although cotton prices are among the most sensitive commodity prices, adjustment of production to
world demand is not easy, owing to the large number of growers, uncontrollable climatic conditions and
the seasonal nature of farm operations. As a result,
the cotton farmer frequently faces very low prices
which cause a demand for government relief. This is
true not only in the United States but in other countries as well. In Egypt, for example, the government
frequently comes to the aid of the cotton farmer by
market operations or loans to growers. The United
States Federal Farm Board, formed in 1929, extended
loans to cotton cooperatives in order to enable them
to hold cotton for more favorable prices.
The agricultural adjustment program, begun in 1933,
is a more comprehensive system of assistance to cotton
growers as well as to producers of other farm products.
The purpose is to control the volume of cotton production through agreements with individual growers
in order to maintain a profitable income for the farmers. With the inducement of rental or benefit payments, the Secretary of Agriculture in the summer of
1933 secured agreements from more than 1,000,000
cotton growers (who planted more than 38,000,000
acres in the years 1928-32) to plow under more than
10,000,000 acres of the cotton and to reduce plantings
in 1934 by 40 percent from the base acreage. The
curtailment program for 1935 provides for a 25 percent reduction in acreage. In order to insure that
the crop would not exceed the limits desired, the
Bankhead bill which provides a tax on ginnings above
a certain quota was enacted into law in April 1943
and became effective for the 1934-35 season.
The rental and benefit payments to the cotton
growers from the beginning of the program in August
1933 to the end of February 1935 totaled $221,182,000.
Table 2.—Trend of Major Cotton Industry Statistics, 1925-34
NOTE.—Data assembled by the Association of Cotton Textile Merchants of New York from Bureau of the Census reports and information obtained through the courtesy
of machinery manufacturers. Cloth production for the noncensus or even years has been estimated to correspond to spindle-hour activity during the preceding census
years.
1925
1926
1927
1928
1929
1930
1931
1932
1933
1934
Spindles
in place at beginning of
34, 541, 486
year 1
37, 939, 772
36, 465, 976
32, 326, 526
37, 871, 936
37, 364, 730
35, 267, 086
33, 608, 494
31, 442, 174
30, 938, 340
New installation, additions and
replacements
343, 292
348, 568
217, 264
496, 192
255, 912
320, 784
251, 936
205, 068
143, 908
529, 840
Spindles active at any time dur31, 245, 078
ing year ending Julv 31
35, 032, 246
34, 750, 266
32, 417, 036
26, 894, 860
34, 409, 910
33, 569, 792
28, 979, 646
27, 271, 938
27, 742, 462
Average number of active spindles
32, 642, 076
32, 352, 262
based on 12 monthly reports. _ _
30, 408, 548
32, 547, 119
29, 961, 648
27, 269, 470
25, 674, 107
24, 873, 270
23, 250, 757
25, 119, 435
Percentage relation of average
active spindles to spindles in
86.22
71.92
86.04
87.11
85.43
82.16
78.95
79. 11
place
percent __
76.39
81. 19
92, 728, 881
76, 702, 655
94, 600, 128
99, 899, 724
Spindle hours run
thous_.
97, 028, 630 104, 450, 216
77, 793, 299
70, 218, 348
86, 580, 233
75,711,413
Hours run per average active
2,898
3, 209
3, 095
3,285
2,813
3,030
3,020
3,014
2,999
3,481
spindle
Production
sq. yd_. 7,741,568,000 7, 936, 942, 000 8, 980, 415, 000 7, 972, 551, 000 8, 54] , 546, 000 6, 558, 154, 000 7, 140, 653, 000 6, 445, 342, 000 8, 103, 717, 000 7, 086, 437, 000
Exports
_- _- _ _
_ do
543,317,000 513, 299, 000 565, 021, 000 546, 847, 000 564, 444, 000 416, 285, 000 366, 959, 000 375, 446, 000 302, 042, 000 226, 306, 000
63, 002, 000
61,185,000
109, 249, 000
60, 680, 000
61, 295, 000
35, 517, 000
34, 732, 000
41, 348, 000
Imports-.
do_29, 436, 000
41, 533, 000
Available for domestic consumption:
Total
sq. yd... 7, 307, 500, 000 7, 484, 323, 000 8, 478, 396, 000 7, 486, 999, 000 8, 038, 287, 000 6, 177, 386, 000 6, 808, 428, 000 6, 099, 332, 000 7, 843, 023, 000 6,901,664,000
66.14
63.62
50.14
54.88
Per capita _
do
64.25
62.50
48.86
54.59
71.73
62.40
i Spindles in place at beginning of 1935, 30,889,484.
136341—35
3
SURVEY OF CURRENT BUSINESS
The funds for these benefit payments are obtained
from a processing tax of 4.2 cents per pound on raw
cotton purchased by cotton mills. For the above
period the tax collected aggregated $210,447,000, including $60,000,000 of floor taxes, $11,683,000 compensatory taxes, and $556,000 ginning taxes.
Cotton Manufacturing in the United States
Conditions in the cotton manufacturing industry
are far from satisfactory. The situation in April
1935 resulted in the appointment of a Cabinet committee by the President to investigate and study the
whole problem. For more than 2 weeks manufacturers, merchants, and officials for the cotton manufacturing States appeared before the committee
and presented their analysis of the adverse factors
with which the industry has had to contend and to
suggest remedial action.
Some of the more important subjects and recommendations presented for discussion were: Discontinuation of the processing tax as a method of securing
funds necessary for benefit payments to cotton farmers; recovery of export markets for cotton products
through governmental financial assistance; curtailment of cotton goods imports which in bleached
fabrics for the first quarter of 1935 were stated to
represent a considerable percentage of the domestic
production of competitive types; elimination of wage
differentials between New England and the South for
the purpose of easing the competitive situation; adjustment of the capital structure; age and efficiency
of machinery; and merchandizing and marketing
practices.
It is not possible to discuss the points of view presented on these different matters, except to suggest
that it was quite evident that from the standpoint of
consumption of products, employment, and the
financial position of the industry, serious consideration
is justified. Sifting the so-called emergency problems
from those of long-range fundamental character is, of
course, essential before remedial measures may be
formulated.
June 1935
Foreign Trade in Cotton Cloth
Exports of cotton goods, although representing only
about 6 percent of domestic production during the last
decade, have always been regarded as an essential part
of the market.
The loss of export trade in cotton cloth in recent
years is attributable mainly to keen foreign price
competition combined with reduced demand for cotton
piece goods in many important consuming markets and
to a more limited extent to the development of local
cotton manufacturing industries in former export
markets.
The trend of United States export trade in cotton
goods during recent years is shown in the following
table:
Table 3.—United States Exports of Cotton Cloth, Duck, and Tire Fabrics
Total
Year
Exported to —
Quantity
Value
l,WU
sq. yds.
1925
543, 317
1929 _
564, 447
1930
416, 285
366, 959
1931 .
1932 ... . _ 375, 447
1933
302, 042
1934
226, 306
Jan.-Mar.:
1934
60, 053
1935
50, 590
1,000
dolls.
85, 012
79, 413
51, 384
35, 783
27, 357
23, 511
24, 656
Philippine
Islands
Cuba
1,000
1,000
sq. yds.
sq. yds.
79, 752 66, 424
81,342 76, 614
48, 572 64, 355
61,599 54, 264
116, 665 50, 163
88, 087 45, 074
47, 876 67, 575
South
America
Central
America Canada
1,000
sq. yds.
139, 482
118, 097
83, 297
76, 785
66, 207
58, 932
35, 310
1,000
1,000
sq. yds. sq. yds.
63, 192
38, 061
60, 462
75, 635
40, 912
58, 332
44, 678
37, 103
47, 416
26, 667
44, 382
17,112
33,499
12, 546
6,402
5,565
Imports of cotton cloth are comparatively small in
relation to domestic production, as may be seen by
reference to table 2. Imports for consumption in
1934 of countable cotton cloths totaled 41,535,000
square yards valued at $6,736,000, or about the same
as in 1933. Imports from Japan rose rapidly in the
first quarter of 1935 and this increase was one of the
concerns which led to Government action in appointing the Cabinet committee previously mentioned.
Details of the import trade, by countries, are presented in the accompanying table.
Table 4.—United States Imports of Countable Cotton Cloths 1
Trend of Operations Over a Decade
In considering the current situation, the accompanying table assembled by the Association of Cotton
Textile Merchants of New York, presenting the trend
of the major statistics of the cotton manufacturing
industry, is illuminating. The salient points indicated in this table are the decrease in spindles, in
cloth production, and in foreign sales of cotton cloth.
The number of spindles in place has declined progressively since 1925. By the end of 1934, the decline
in spindles amounted to 7,010,000, or 18 percent of
the number in place in 1925. Annual cloth production for the 5 years 1930-34 averaged 7,067,000,000
square yards, compared with 8,235,000,000 yards in
the preceding 5-year period, an average annual loss
of 1,168,000,000 yards.
Imported from—
Total
Year
1925
1929
1930
1931
1932 2
1933
1934
Jan.-Mar.:
1934
1935
Quantity
Value
United Swit- CzechoKing- zerland slova- Japan
dom
kia
GerFrance many
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
sq. yds. dollars sq. yds. sq. yds. sq. yds. sq. yds. sq. yds. sq. yds.
2,483
3,978
5,378
109, 249 26, 424 91, 519
2,520
2,125
2,601
7,340
1,217
1,881
61, 185 15, 901 32, 732 14, 662
1,016
1,989
1,999
7,861 3,045
35,517
9,426 18, 045
770
3,672
1,626
1,789
12,
516
7,034 10, 139
34, 732
720
2,353
789
1,555
8,490 10, 789
29, 436
4,248
569
2,361
1,116
1,440
9,644 20, 805
6,360
41, 348
7,287
337
1,789
433
9,901 15 668
41, 535
6,736
14, 027
21, 529
2,352
2,267
2,769
3,601
8,571
3,299
335
516
451
12, 771
100
84
109
148
1 General imports prior to 1934; imports for consumption in 1934.
2 Imports for consumption (from all countries) in 1933 amounted to 40,129,000
square yards valued at $6,024,000, or slightly less than general imports.
NOTE.—"General imports" comprise imported articles entered at the customhouses for immediate consumption and imported articles entered for warehouse.
"Imports for consumption" comprise imported articles entered for immediate consumption and imported articles withdrawn from warehouse for consumption.
19
SURVEY OF CURRENT BUSINESS
June 1935
RAYON DELIVERIES 1
[Monthly average 1923-25 = 100]
1923
Month
1924
1925
1926
1927
1928
1929
1930
1931
1932
1933
1934
1935
Without adjustment for seasonal variation
January
_
February .
March
April
May__
June
July
August
.
September
October
November
_ ._
December
Monthly average.
-..
77
81
89
82
73
68
70
50
70
82
73
84
75
78
76
76
80
73
77
71
86
116
119
123
146
93
125
156
140
121
125
121
124
128
127
134
158
120
132
136
148
136
110
98
71
118
138
151
159
156
151
131
174
216
232
262
231
194
190
195
211
227
222
209
214
January
February
March
April
72
67
84
86
88
75
76
59
71
79
68
74
73
63
72
83
87
86
78
97
117
113
116
136
117
130
132
125
147
136
139
138
125
127
149
119
128
123
129
111
114
81
134
144
147
147
149
159
168
182
219
259
266
223
221
199
198
206
213
230
74
79
86
83
80
70
69
70
73
74
72
70
69
73
81
85
84
87
97
109
115
122
123
128
126
129
135
136
141
138
134
130
134
132
132
205
221
219
219
175
178
169
197
242
265
245
234
214
255
264
286
266
254
254
240
281
337
358
290
242
277
268
300
275
236
237
225
179
219
304
264
216
204
244
279
376
347
413
352
288
314
349
335
268
255
225
317
273
265
246
186
148
137
213
406
478
413
371
382
293
353
293
201
392
517
450
470
420
433
399
371
324
385
383
422
340
290
286
305
334
307
308
382
386
488
353
553
441
295
274
285
330
328
397
387
347
390
339
262
242
263
265
278
232
232
179
162
166
270
390
355
383
400
449
361
257
190
376
556
556
610
397
313
373
408
381
391
370
320
279
304
382
440
287
221
357
429
574
565
387
279
264
356
269
274
374
496
574
521
440
361
365
387
395
381
360
323
301
322
375
370
316
288
336
453
523
509
410
310
Adjusted for seasonal variation
_.
.
May
June
July
August
September
October
November
December
203
194
207
213
198
207
199
199
216
232
236
266
258
238
270
256
285
299
289
281
286
309
282
281
274
268
259
227
263
269
218
214
249
232
214
241
Three months' moving average of the seasonally adjusted indexes
January
February . _
March
April .
May _
June
July
August
September
October
November
December
_
__
__
123
127
121
118
102
110
120
142
146
148
152
159
170
190
220
248
249
237
214
206
201
206
216
215
209
201
205
206
206
201
202
205
216
228
245
253
254
255
255
270
280
291
290
285
292
293
291
279
274
267
251
250
253
250
234
227
232
232
229
247
285
314
352
371
377
375
359
330
281
256
257
269
258
247
214
191
169
199
275
338
376
379
411
403
i Computed by the lubize Chatillon Corporation, Business Research 1)1 mon. This series known as "rayon deliveries" represents the shipments of rayon yarn by American producers, plus imports for consumption, less exports of domestic rayon yarn. For purposes of this index, rayon is denned as that rayon made by the viscose, cuprammonium, and nitrocellulose processes. Acetate rayon, which has made up an increasing percentage of the total in recent years, is not included in this series. Based on
annual surveys, acetate rayon comprised the following percentages of the total production: 1925, 3.2; 1926, 4.2; 1927, 6.3; 1928, 6.2; 1929, 6.8; 1930, 7.7; 1931, 10.0; 1932, 13.5;
1933, 17.3; and 1934, 19.0. The index is based on a 100 percent sample of the field covered. The data are reduced to a daily average basis and expressed as a percent of the
1923-25 daily average figures, in accordance with the Federal Reserve Board's method of calculating and basing index numbers. The index then is adjusted for the usual
seasonal variation. Due to the rapid fluctuations of the adjusted indexes, they were smoothed out by running a moving average on them with an average of 3 months
centered at the middle month. The annual averages are figured on the basis of unadjusted indices. For further details on the method of constructing the indices, refer
to the September 1934 issue of Textile Organon, published by the Tubize Chatillon Corporation, 2 Park Avenue, New York City.
PRODUCTION OF LEATHER1
[In thousands of skins]
Month
1922
1923
1924
1925
1926
1927
1928
1929
193i
1930
1931
1932
1933
4,826
4,596
5,173
4,647
4,526
4,668
4, 463
4, 563
4,807
4,885
3,924
4,367
55, 445
4, 620
3, 737
3,948
4,525
4,354
3,965
4,180
4,350
4,488
4,519
4,086
3,334
3, 151
48, 637
4, 053
3, 197
3,427
3, 825
3, 297
2,958
2,944
2,729
3,378
2, 566
2, 646
2, 835
3,212
37, 014
3,085
3,431
3,320
3,419
2,770
3,121
3,924
4, 145
4, 634
4,005
3,994
3,786
3,763
44, 312
3,693
4,290
4,074
4, 358
3,949
3,940
3,496
3,638
3,707
3,290
3,637
3,329
3, 274
44, 982
3,749
2, 894
2, 678
2,808
2,676
2, 509
2,250
2,240
2,302
2,339
2,919
2, 383
2,395
30, 393
2, 533
2,350
2,556
2,807
2,901
2,854
2,680
2,785
2,969
2,671
3,016
2,485
2, 369
32, 443
2.704
2,094
2, 362
2, 253
1,920
1.739
1,779
1,701
2,393
3,012
4,162
3,507
1,919
28, 841
2.403
1,923
2,173
2,190
1,709
3,152
3, 916
3,987
3,796
3,088
3,214
2,512
2,221
33, 881
2.823
2,392
3,244
3,478
3,672
3,180
2, 641
2,452
2,334
2,222
3, 062
2,871
2, 707
34, 255
2. 855
All goat and kid leathers
January
February
March
April
May..
June
July
August
__
September
October
November _
December
Total.
Monthly average
4,102
4,090
4,695
3,841
3,870
3,813
3,316
4,281
4,043
4,342
4,369
4,142
48, 904
4,075
4,400
3,984
4,649
4,164
4,148
4,212
3,625
3,830
3,371
3,778
3,339
3,723
47, 353
3,946
3,669
3,429
3,559
3,179
3,131
2,621
2,343
2,245
2,619
3,133
2,668
3,299
35, 895
2,991
3,405
3,391
3,728
3,268
3,427
3,391
2,903
3,388
3,440
4,002
3,522
4,620
42, 485
3,540
4,174
4,244
4,889
4,448
4,219
3,903
3,622
3,882
3,836
3,922
3, 962
4,676
49, 777
4,148
4, 467
4, 263
4,343
3, 864
3,865
4,282
3, 295
4,433
4,318
4,491
4,243
4,872
50, 736
4,228
4,721
4,593
5,010
4,493
4,364
4,682
4,030
4,800
4,591
4,872
4,144
4,552
54, 852
4,571
4, 390
4,308
4, 316
4,382
4,185
4,788
4,618
4,570
4,466
5,349
4,742
5,572
55, 686
4, 641
All sheep and lamb leathers
January
February
March
April
May
_ _
June .July
August
September
October
November
_
December
Total
Monthly average. _. _ ___ _ _
2,782
2,467
2,672
2,514
2, 628
2,635
2,837
3,357
3,377
3,894
3,736
3,579
36, 479
3.040
3,724
3,671
4,148
4,115
3,825
3,747
3,166
3,378
3,162
3,968
3,613
3,275
43, 792
3,649
3,738
3,539
3,695
3,706
2,998
2,695
2,525
2,878
3,192
3,685
3,010
3,117
38, 778
3,232
3,366
3,189
3,059
2,740
2,418
2,323
2,554
2,609
2,695
3,048
2,544
2,542
33, 087
2,757
2,552
2,273
2,774
2,636
2,357
2,439
2,513
2,717
2,864
2,943
2,817
2,783
31, 668
2,639
2,727
2,866
3,155
2,768
2,837
2,960
2,984
3,159
3,123
3,212
3,044
3,024
35, 859
2,988
3,261
3,470
3,462
3,185
3,091
2,908
3,039
3,489
3,136
3,526
3,302
2,837
38, 706
3,226
3,124
3,148
3, 391
3,348
3,057
2,849
3,138
3,462
3,323
3,966
3,222
2,957
38, 985
?.249
i Compiled by the Tanner's Council of America and represent a revision of the data that appeared on p. 19 of the June 1933 issue of the Survey of Current Business for
the years 1925 to 1932, and also of the monthly figures subsequent to December 1932 that appeared in the monthly issues. Revisions were caused by a recheck of the figures
by the Tanner's Council. The monthly data for the years 1922, 1923, and 1924 are shown for the first time.
20
SURVEY OF CURRENT BUSINESS
June 1935
WHOLESALE PRICE OF WHEAT NO. 1 DARK NORTHERN SPRING, MINNEAPOLIS'
[Dollars per bushel]
Month
January
February
March
April
May
June
July .
August
t^ CD tember
October
November
December
1917
1918
1919
1920
1931
1922
1923
1924
1925
2.50
2 21
2 21
2.21
2 21
2.21
2.21
2.21
2.21
2 21
2.21
2.21
2.29
2 24
2.23
2.25
2.25
2.25
2.29
2.41
2.63
2 68
2.56
2.72
2.71
2 77
2 84
3.00
3 25
3.34
2.90
2.97
3.23
3 26
3 01
2.95
2.59
2 64
2 21
1.82
1 73
1.81
1.74
1.72
1.57
1 67
1.74
1.81
1.59
1 56
1 37
1.30
1.33
1.39
1 58
1.59
1 66
1 71
1 33
1.57
1 22
1 20
1 21
1.28
1 31
1.28
1 31
1.29
1.35
1 32
1 22
1. 18
1 22
1 26
1 26
1 19
1 19
1.24
1.27
1.26
1 26
1 30
1 37
1.47
1.38
1 35
1 51
1.54
1 71
2 2 27
2 23
2 68
2 72
1 60
1 42
1 26
1 39
_. ..
.
..
Monthly average
1926
1927
1928
1929
1930
1931
1932
1933
1.98
1 94
1.80
1 60
1 73
1 69
1 66
1.67
1 58
1 58
1 67
1 77
1 78
1 74
1.67
1 66
1 64
1 67
1 75
1.56
1 48
1 53
1 48
1 48
1.47
1 46
1.43
1 41
1 53
1 57
1. 58
1. 50
1 37
1 34
1.34
1 37
1.43
1 42
1.47
1 63
1 64
1 53
1 47
1.24
1 26
1 93
1 24
1 23
1.29
1 36
1 32
1 29
1 21
1 23
1 50
1.38
1 37
1 32
1 30
1 32
1.31
1 25
1 15
1 14
1 10
1 05
0 77
0 77
0 51
0 90
50
54
66
76
81
90
89
84
94
1 72
1 62
1 45
1 40
1 32
96
.92
87
*83
75
77
76
76
80
82
76
65
.66
71
72
80
74
77
72
73
72
64
59
.59
59
54
51
49
1 01
75
64
1934
.92
90
85
87
84
1 04
1 08
1.20
1 21
1 15
1 14
1 17
77
1 04
1 07
1
Computed by the United States Department of Agriculture, Bureau of Agricultural Economics. The data are compiled from the Minneapolis Daily Record and represent the weighted average price per bushel of reported cash sales in Minneapolis. Prior to the promulgation of the Federal grades, Aug. 1, 1917, the subclass Dark Northern
did 2not exist. For 1935 data see p. 41 of this issue.
Average of 5 months, August to December.
STRUCTURAL CLAY PRODUCTS
Vitrified paving brick
Common brick
Stocks
Shipments
Month
1934
1935
1934
Shipments
1934
1935
Hollow building tile
Shipments
Stocks
1934
1935
1934
1935
1935
Thousands
January
February
March
A pril
May
June
July
August
September
October
November
December
_. _
-
-
Total
46, 994
32, 469
38, 281
38, 291
60, 347
48, 168
59, 725
64, 515
61,078
61, 101
68, 083
62, 405
77, 698
64, 508
48, 188
448, 531
436, 667
417, 629
406, 070
401,493
405, 713
420, 716
422, 641
417,025
412, 589
419, 833
412, 449
400, 529
387, 462
362, 852
1,601
1, 167
1,338
78, 012
76, 872
74, 158
78 087
79, 563
76 019
78, 047
77, 396
77, 701
77, 416
76, 156
77, 866
29, 894
24, 667
28, 988
39 988
41, 588
39 383
37,513
44, 272
38, 068
38, 139
35, 043
28,817
79,711
79, 494
77, 039
1935
25, 795
23, 111
29, 598
423, 336
412,651
402, 980
401 835
392, 212
388 972
385, 898
378, 533
369, 641
367, 166
363, 347
370, 116
363, 291
353, 774
349, 340
426, 960
87, 219
418, 446
57, 911
1934
Short tons
5.081
3, 602
7, 046
8, 313
8, 024
12, 451
9,960
10, 339
8, 773
6, 831
4, 993
1,806
694, 932
Stocks
77, 274
7,268
35, 580
388,057
1
Compiled by the United States Department of Commerce, Bureau of the Census. These series represent a summary of identical plants beginning January 1934. Comparable data are not available prior to that date. The number of plants represented are as follows: Common brick, 437; vitrified paving brick, 90; and hollow building tile,
193. The estimated coverage of these industries based on the Census of Manufacf
'actures for 1933 is: Common brick, 54 percent; hollow building tile, 49 percent; and for vitrified paving brick, 82 percent. These concerns hold a higher percentage of the total stocks than is indicated by the production ratios. Stocks of vitrified paving brick as
reported monthly are excessive, due apparently to the inclusion of "other paving brick" which are reported separately in the annual census. The Bureau of the Census
also publishes an identical series for face brick, based on reports from 260 plants, but it is not shown in the SURVEY since the trend is approximately the same as for the
face brick series reported by the American Face Brick Association.
DEPARTMENT-STORE SALES
[Index numbers based on daily averages of dollar volume of sales—1923-25=100]
1919
1920
1921
1922
1923
60
59
65
77
73
76
59
60
76
89
101
137
82
74
90
91
101
96
73
73
88
102
112
144
83
76
88
87
91
86
64
63
75
95
97
135
73
69
77
90
89
85
64
66
85
102
108
152
79
77
93
97
100
99
73
75
94
111
117
164
86
84
88
103
98
97
71
72
96
105
117
166
84
85
94
105
103
98
74
76
97
122
122
176
90
87
97
102
109
100
77
82
104
120
124
181
91
89
95
109
105
101
76
85
103
117
126
182
91
88
97
105
107
102
80
81
113
118
125
192
90
91
107
103
109
108
79
84
117
122
125
191
78
94
87
88
98
99
103
106
107
108
111
iviontn
January
February
March
April
May
June
July
August
September
October
November
December
1924
1925
1926
1927
1928
1929
1930
1931
1932
1933
1934
88
89
93
110
105
98
71
77
103
112
113
165
81
81
92
101
97
92
66
68
88
94
97
143
64
64
69
73
72
66
46
49
71
75
73
106
49
49
50
68
67
64
48
59
73
77
75
121
57
59
73
73
77
70
51
60
79
82
83
135
102
92
69
67
75
107
108
107
105
105
103
100
102
99
101
99
96
99
99
98
102
97
96
94
89
85
85
85
83
79
78
73
74
72
69
66
64
68
68
64
62
61
60
57
64
67
68
70
75
69
69
66
70
71
71
78
74
77
74
73
77
75
73
74
78
1935
Without adjustment for seasonal variation
.
-.
--
--
-
_
Yearly average
59
61
71
79
Adjusted for seasonal variation
January
February
March
April
May
June
July
August
September
October
November
December
1
- - _~ . _
-
_ _
- -.
- - _- _ __
_ _
66
71
72
72
69
76
80
80
83
81
86
86
90
89
93
93
96
96
98
97
95
92
96
90
92
92
89
89
87
87
87
84
82
86
83
84
83
83
84
87
87
86
86
88
91
93
92
93
91
93
95
100
98
101
98
101
100
101
100
99
99
101
99
98
97
100
96
96
101
96
100
99
99
103
103
102
102
102
100
101
101
111
104
104
106
105
101
105
109
105
106
108
106
109
106
107
107
108
106
106
105
106
105
111
104
107
108
106
108
106
107
106
107
107
110
107
112
108
108
111
110
110
112
110
109
113
109
111
113
111
108
110
74
75
82
73
Computed by the Federal Reserve Board, Division of Research and Statistics. The data represent a revision of the adjusted indexes for the period 1929 to date caused by
a new series of seasonal indexes for these years being computed; other figures are shown as previously published with the exception of minor revisions being made in a few
instances. The daily average sales are computed on the basis of the number of working days, with an extra one-third of a day added to each 5-Saturday month; allowance
is made for the number of Sundays in each month and for 6 holidays; New Year's Day, Memorial Day, Independence Day, Labor Day, Thanksgiving Day, and Christmas
For a description of this index see the Federal Reserve Bulletin for April 1929, pp. 236-242, or request the revised statement available at the Division of Research and Statistcs.
of the Federal Reserve Board. Adjustments for the effects of changes in the date of Easter are the same as heretofore.
21
SURVEY OF CURRENT BUSINESS
J u n e 1935
WEEKLY BUSINESS INDICATORS
[Weekly average, 1923-25 = 100]
1935
ITEM
1934
1933
Business activity:
New York Times**
Business Week *^[ _
Commodity prices, wholesale:
Dept. of Labor, 1926=100:
Combined index (784) _ _ .
Farm products (67)...
Food (122)
All other (595)
Fisher's Index, 1926 = 100:
Combined index (120)...
Copper, electrolytic!Cotton, Middling, spot
80.0
80.9
83.8
77.6
79.9
80.8
84.1
77.5
80.1
81.1
84.9
77.5
80.3
81.7
85.4
77.5
80.3
81.8
85.3
77.3
73.7
60.1
67.4
79.0
73.5
59.6
67.2
79.0
03.3
52.4
60.3
67.0
63.0
50.9
59.9
66.8
82.7 82.3 82.2 82.1 81.8 81.5 75.5 75.4 61.2 60.6
03.8 63.8 63.8 63.8 63.8 63.8 60.1 60.1 45.2 45. 3
45.6 46. 0 45.6 45.2 45.2 43.8 42.3 42.6 33.1 31.3
29.2
Construction contracts^
27.7 32.6 28.4 41.6 17.0 17.0
Distribution: Carloadings-.. 62.5 60.8 60.0 59.4 58.3 63.7 65.3 63.9 56.9 55.9
Employment: Detroit, factory
106. 4
110.8
100.5
52.5
Finance:
Failures, commercial
Security prices:
Bond prices!-Stock pricesj
1933
May May May May Apr. Apr May Maj Maj M n y
27
11
26
4
IE)
25
18
27
20
Finance— Continued .
Banking:
Debits, outside N. Y. C . J. 77.0 77.2 78.8 87.3 73.4 82.5 63.9 74.3 54.5 56. 5
Federal .Reserve reporting member banks:§
Deposits:
Net demand
150.6 149.2 147.7 149.5 147.6 146.6 120.8 120.3 105.2 104. 9
Time
126.3 126.8 126.5 127.0 125.4 125.4 125.0 125.4 116.2 116.0
Loans, total
67. 3 67.6 67.4 68.4 67.9 67.8 71.8 72.4 77.0 77.6
Interest rates:
Call loans £
6.1 6.1 6.1 6.1 6.1 9.7 24.2 24.2 24.2 24. 2
Time loans t
.- 5.7 5.7 5.7 5.7 5.7 8.9 22.9 22.9 22.9 23. S
Money in circulation f
113.2 113.4 113.5 113.2 112.9 113. 6 109.9 110.3 119.7 120. 7
Production:
Automobiles
132.0 117.6 114.5 145.3 145.4 144.5 100.0 99.0 69.0 73. 1
62.2 57.5 55.4 48.9 47.3 57.6 60.7 61.0 50.1 49. 4
Bituminous coalf
Electric powerf
101.8 102.0 102.2 101.9 100.4 102. 2 99.3 99.0 89.7 89.0
Lumber
_ _
28.7 28.3 29.0 38.6 38.8 37.8 31.9 37.8 31.2 31.4
Petroleum
125.1 127.2 125.8 119.7 122.9 124.3 119.7 120.7 126.5 .29. <)
Steel ingots
56.6 57.9 59.2 59.2 60.5 61.8 76.3 77.6 55.3 51. 3
Receipts, primary markets:
Cattle and calves.--.-. . _
67.6 70.1 62.3 73.1 71.5 90.0 75.0 67.3 6fi. H
Hogs
31.8 37.5 36.2 35.3 33.1 84.0 73.6 72.7 64. S
Cotton
34.6 23.1 21.5 24.6 26.2 21.2 25.0 38.1 61.9 62.7
W heat
22.5 19.9 20.2 19.8 29.0 16.9 39.7 50.9 66.1 64.0
81.6 81.3 81.6 82.8 81.2 84.1 84.7 84. 6 79.1 77.5
63.8 63.9 63.3 62.7 61.1 62.9 66.8 67.4 60.2 58.9
80.3
81.5
84.3
77.8
1934
1935
ITEM
May May May May Apr. Apr. May May May May
25
11
18
26
20
27 20
19 27
57.5 53.8 53.6 60.0 61.2 62.2 55.3 52.1 112.8 105. 4
106.3 106.4 106.4 106.3 106.3 106.0 105.0 104.7 92.2 91.0
94.5 93.8 91.3 89.8 90.4 88.2 84.6 84.5 79.8 76.0
* Computed normal=--100.
If Latest week is preliminary.
§ 1933-35 indexes tire based on reports from 91 cities; earlier data cover 101 citie;
t Weekly average, 1928- 30= 100.
I Daily average.
• Index revised. See weekly supplement of June 1, 1933, for explanation.
WEEKLY BUSINESS STATISTICS
1934
1935
1932
1933
ITEM
COMMODITY PRICES, WHOLESALE
Copper, electrolytic, New York
dol. per lb._
Cotton, middling, spot, New
York
dol. per lb__
Food index (Bradstreet's}9
dol. perlb..
Iron and steel composite!
dol. per ton__
Wheat, No. 2 hard winter (K. C.)
dol. per bu..
Ranking:
FINANCE
Debits, New York City
mills, of doL.
Debits, outside New^ York City
mills, of doL.
Federal Reserve banks:
Reserve bank credit, total
mills of dol
Bills bought
mills, of doL.
Bills discounted
mills, of dol_.
U. S. Government secuiities
mills, of doL.
Federal Reserve reporting member banks :§
Deposits, net demand
mills, of dol._
Deposits, time
- mills, of dol
Investments, total
mills, of dol..
U. S. Government securities-mills, of dol._
Loans, total
mills, of dol. _
On securities
.
mills, of dol
Allother
mills, of dol
Interest rates, call loans
percent..
Interest rates, time loans
percent..
Exchange rates:
French franc (daily av.)
cents
Pound sterling (daily av.)
dollars,.
Failures, commercial
_ ..number. _
M^oney in circulation
mills of dol
Security markets:
Bond sales (N. Y. S. .E.) --.thous. of dol. par value..
Bond prices, 40 corporate issues.
dollars
Stock sales (N. Y. S. K.}
thous. of shares..
Stock prices (N Y Times)
dol per share
Stock prices (Standard Statistics)
1926=100
Industrial (351).
1926=100..
Public utilities (37)
1926=100
Railroad (33)
1926=100..
PRODUCTION, CONSTRUCTION, AND
Production:
DISTRIBUTION
Automobiles (C*am's estimate)
number. _
Bituminous coal (daily av.)
thous. of short tons..
Electric power. _
mills, of kw.-hr
Petroleum
thous. of bbl . _
Steel ingots (Dow- Jones' estimate) - .pet. of capacity. _
Construction-contract awards (da. av.)._thous. of dol._
Distribution:
Freight-car loadings, total
._ .
cars
Coal and coke
cars
Forest products
.
cars
Grain and products. _ . .
__
cars
Livestock .
...
. . . .cars
Merchandise, 1. c. 1
cars
Ore
_-___..
cars
Miscelaneous
cars
Receipts:
Cattle a n d calves .
_ . _ thousands
Hogs . _
. --thousands
Cotton into sight
thous. of bales
Wheat, at primary markets
thous. of bu._
May 25
May 18
May 11
0.088
.124
2.61
32.41
1.00
0.088
.125
2.61
32. 34
1.03
0.088
.124
2.62
32.34
1.03
3,139
3, 572
3,035
3,579
2,459
5
7
2,430
May 28
Apr. 27
Apr. 20
May 26
May 19
May 27
May 20
0.088
.123
2.62
32.30
1.03
0.088
.123
2.68
32.30
1.05
0.088
.119
2.71
32.31
1.07
0.083
.115
2.11
32.89
.86
0.083
.116
2.09
32.94
.82
0.068
.090
1.84
28.43
.68
0.067
.085
1.86
28.42
.71
0.051
.056
1.63
29.30
.57
3,939
3, 655
4,668
4,051
3, 102
3,402
3,571
3,828
2,908
3,100
3,573
3,441
2,800
2,528
3. 235
2,621
2,474
2, 680
2,473
5
7
2,430
2, 466
5
6
2,430
2, 463
5
6
2,430
2, 452
5
7
2,430
2,470
5
7
2,431
2,469
5
34
2,430
2,473
6
34
2,430
2,219
43
312
1,862
2,254
78
330
1,837
2,048
38
471
1, 525
14, 937
4,529
10, 880
7,249
7, 599
3,043
4,556
.25
.25
14, 794
4,549
10, 844
7,250
7,598
3,015
4,583
.25
.25
14, 651
4,539
10, 940
7,299
7,578
3,015
4,563
.25
.25
14, 822
4,556
10, 993
7,324
7,696
3,112
4,584
.25
.25
14, 636
4,498
10,975
7,336
7,642
3,067
4,575
.25
.25
14, 530
4,494
11,012
7,371
7,632
3,023
4,609
.40
.39
12, 327
4,464
9,252
6,262
8,005
3,468
4,537
1.00
1.00
12,277
4,477
9,220
6,254
8,068
3,505
4,563
1.00
1.00
10, 725
4,278
7,977
4,963
8,352
3,648
4,704
1.00
1.00
10, 681
4,271
7,925
4,934
8,421
3,724
4,697
1.00
1.04
10,411
4,607
6, 810
3,822
10, 052
4,339
5, 713
2.50
1.50
6.585
4.92
234
5,496
6.587
4.89
219
5,510
6. 590
4.85
218
5,512
6.605
4.84
244
5,497
6.598
4.83
249
5,480
6.954
4.85
253
5,517
6.610
5.10
225
5, 335
6.611
5.11
212
5,357
4.567
3.92
459
5,815
4.547
3.91
429
5,863
3.947
3.69
70S
5,439
58, 570
95.20
6,220
91.76
75.6
89.1
64.7
31.4
66,990
95.26
8,229
91.13
74.1
86.8
64.7
31.8
73, 300
95.28
7,109
88.71
72.6
85.0
64.2
30.3
62, 770
95.16
4,880
87.18
69.9
81.8
61.1
30.1
73, 970
95.19
7,686
87.78
70.2
81.6
62.9
30.9
47, 680
94.88
4,401
85.64
68.1
79.9
58.8
29.4
53, 900
94.03
3,184
82.17
70.4
77.9
69.0
42.2
66, 600
93.75
5,739
82.07
70.1
77.5
69.0
42.0
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
69, 543
68. 86
6,283
43. 42
30.5
35.4
61.9
14.3
100,705
1, 060
1,696
2,605
43
89, 760
979
1,700
2, 650
44
87, 395
943
1,702
2,620
45
110, 865
832
1,698
2,494
45
110, 970
803
1,673
2,561
46
4,449
110,235
1,033
1,702
2,590
47
5,228
76, 281
1,033
1,655
2,493
58
4,560
75, 550
1,012
1,650
2,514
59
6,684
52, 660
853
1,494
2,635
42
2,724
55, 801
842
1,483
2,705
39
2,731
45, 121
708
1, 425
2,169
23
7,211
599, 543
119, 018
24, 023
25, 810
11,361
158,050
31, 125
230, 156
583,327
106, 831
24, 200
25, 172
12, 515
158, 859
27, 275
228, 475
575, 185
101, 524
24, 432
25, 906
13, 802
160, 328
24, 801
224, 392
569, 065
89, 473
27, 378
25, 608
14, 094
161,844
19, 189
231,479
558, 886
88, 956
26, 776
26, 987
13, 930
159, 495
11,791
230, 949
610, 905
121, 882
26, 243
29, 422
12, 499
160,354
10, 787
249, 718
625, 990
117,031
26,011
28, 253
16, 313
164, 169
29, 826
244, 387
612, 331
111, 659
24, 989
28, 618
16, 224
164, 278
24, 985
241, 578
545, 551
86, 542
22, 820
34, 482
15, 174
166, 748
10, 528
209, 257
535, 719
84, 888
21,604
35, 402
15, 595
166, 258
8, 436
203, 535
521, 249
76, 054
18, 003
32, OOS
16, 304
180, 50S
2, 514
195,82*
90
1,789
213
206
60
1,580
222
243
56
1,609
197
235
64
1,572
231
229
68
2,305
226
215
55
1,341
284
544
65
3,156
237
477
99
4,049
213
458
161
5.258
211
421
163
5,092
198
514
97
4, 194
May 4
§ Statistics cover 91 cities since Jan. 10,1934, and 90 gities before; 1 city was added to the series in order to off-set the effect of 1 member bank which ceased reporting
• Aggregate price of 1 pound each of 31 commodities.
Revised series. See p. 19 of the January 1935 issue.
Digitized fort FRASER
22
SUKVEY OF CUKRENT BUSINESS
June 1935
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. A special
supplement was included in the April 1935 issue, pages 57 to 72, inclusive. This supplement gave
the monthly averages of all series for the years 1932, 1933, and 1934.
Data subsequent to April will be found in the Weekly Supplement to the Survey.
Monthly statistics through December 1831,
together with explanatory footnotes and references to the sources of the data, may be found
in the 1932 Annual Supplement to the Survey
1935
April
1934
April
May
June
Decem- January FebruJuly i August SeptemOctober November
ary
ber
ber
March
BUSINESS INDEXES
BUSINESS ACTIVITY (Annalist)t
j
Combined index 1_.
normal = 100..i
80.0
80.2
77.2
73.2
« 71. 2
a 83. 2
«77.4
66.5
°71.5
70.5
98.7
Automobile production 1
normal = 100..
78.5
71.2
70.1
62.4
70.9
51.6
95.6 ' 104. 3
43.5
52.7
131.2
Boot and shoe production^
normal=100._
110.7
108.2
130.9
124.2
108.3
108.9
99.2
92.5
89.0
110.7
63. 4
Carloadings, freight
_normal=100._
64.7
63.9
64.9
66.2
61.9
59.6
59.1
57.6
63.1
58.9
47.6
Cement production.
_. normal = 100..,
54.4
52.6
52.8
49.6
37.9
43.8
43.9
40.8
42.3
46.8
78.9
Cotton consumption
normal=100__
90.8
92.0
68.5
77.6
97.0
82.4
92.2
84.3
58.5
86.0
97.8
Electric power production
normal = 100._
96.1
95.3
95.8
96.7
94.1
° 98. 5
92.4
92.5
97.8
93.6
Lumber production
normal=100. _
53.3
47.6
51.9
44.8
55.5
54.6
50.2
46.3
46.7
42.5
9
Pig-iron production._
_.normal = 100.. ~~50."
54.5
64.6
63.1
40.6
34.8
52.3
37.2
31.2
31.8
33.3
(;,8.3
Silk consumption
normal = 100__
71. G
71.8
61.7
58.2
67.1
57.1
54.4
75.5
74.6
60.8
58.1
Steel ingot production 1
normal=100._
69.8
77.4
77.7
40.8
34.3
69.1
34.3
57.3
36.1
42.8
72.6
Wool consumption-..normal=100.
63.0
66.8
69.0
62.8
"39.7
» 75. 6 '111.7 ' 127.4 »143. 3
67.2
Zinc production
normal = 100._
59.1
69.6
"52.3
"67.4
•51.0
66.2
'53.7
68.0
°67.3
INDUSTRIAL PRODUCTION (F. E. B.)
Total, unadjusted
1923-25 = 100.
84
73
73
88
73
74
« 77
75
Manufactures, unadjusted
1923-25=100..
89
83
71
71
87
70
73
73
141
Automobiles*
.1923-25=100..
109
« 92
82
67
86
56
«26
a 37
50
53
Cement
1923-25=100..
72
64
62
25
63
35
47
53
76
Food products
..1923-25=100.
87
95
100
100
90
122
108
103
110
205
Glass, plate—
1923-25=100.
108
79
90
91
87
155
85
79
105
87
74
84
Iron and steel*
1923-25=100.
91
85
44
38
76
37
45
56
40
^109
Leather and shoes§
1923-25=100,.
114
108
97
98
107
99
102
89
88
93
35
Lumber
1923-25=100.
32
35
29
38
29
33
25
26
30
Paper and printing
1923-25=100.
*104
f 102
Petroleum refining
.1923-25=100.
152
154
153
156
157
151
152
155
156
154
Rubber tires and tubes
1923-25=100.
115
102
102
81
78
106
92
80
76
73
Shipbuilding
1923-25=100.
63
47
50
41
140
19
14
12
133
12
100
Textiles
.1923-25=100.
93
89
73
73
76
108
63
92
91
92
127
Tobacco manufactures
1923-25=100..
118
144
130
139
135
128
128
139
115
129
Minerals, unadjusted—
1923-25= 100..
81
"86
«84
87
83
91
84
87
85
87
Anthracite
1923-25=100..
76
60
76
52
50
82
71
65
68
Bituminous coal
1923-25=100..
60
«58
a 61
"58
60
82
«73
71
Iron ore shipments..
1923-25 = 100..
60
105
106
95
11
85
60
57
55
Lead
.1923-25=100..
65
57
51
43
52
57
58
?130
Petroleum, crude..
1923-25=100..
125
132
128
131
126
12b
125
120
120
123
52
Silver
1923-25=100..
46
44
43
34
39
34
50
54
38
39
78
67
55
Zinc
1923-25 = 100..
66
53
56
58
77
76
"75
73
P86
85
Total, adjusted
...1923-25=100..
86
83
76
73
90
71
°75
86
73
P86
Manufactures, adjusted
1923-25 = 100..
85
86
83
74
72
90
69
73
a 85
72
110
Automobiles*
.1923-25=100..
85
« 81
78
78
61
104
« 40
51
"88
41
51
Cement.1923-25=100..
55
57
58
53
48
42
50
48
45
46
80
Food products
1923-25=100..
93
96
102
106
120
91
102
102
107
185
Glass, plate
1923-25=100..
98
92
77
86
84
174
83
140
87
66
Iron and steel*
1923-25=100..
76
84
85
47
38
37
79
48
64
41
Leather and shoes§
1923-25=100..
M12
117
101
118
97
104
88
92
107
85
Lumber
1923-25=100.
33
31
33
32
33
29
29
Paper and printing
.1923-25=100.
plOO
f 100
152
Petroleum refining
..,1923-25=100.
154
153
156
157
152
155
151
»154
153
Rubber tires and tubes
1923-25=100.
97
84
81
83
79
79
115
107
133
82
Shipbuilding
.1923-25=100.
65
39
38
28
95
133
14
27
18
17
98
Textiles
.1923-25=100.
90
88
77
78
80
63
87
103
97
89
138
Tobacco manufactures
1923-25=100.
132
128
128
128
126
125
125
143
136
120
Minerals, adjusted
1923-25=100.
90
"88
87
85
80
82
94
81
«90
81
Anthracite
...1923-25=100.
73
69
76
63
60
62
64
76
72
53
Bituminous coal
1923-25=100.
"71
°70
"66
"64
61
64
65
a
72
74
« 65
Iron ore shipments..
1923-25=100.
54
40
52
47
44
14
35
56
Lead
1923-25=100.
66
56
53
44
55
55
60
56
Petroleum, crude
1923-25=100.
125
127
130
128
124
122
121
124
131
122
Silver
1923-25=100.
51
45
45
44
40
39
36
35
53
50
39
75
65
Zinc
1923-25=100.
65
"58
57
60
61
74
77
71
76
MARKETINGS
Agricultural products* (quantity) 1923-25=100.
5'
66
74
77
92
93
114
105
73
59
Animal products
.1923-25=100.
75
84
93
97
107
112
102
100
93
84
74
89
Dairy products
1923-25=100.
94
123
127
124
102
118
100
78
86
88
Livestock
1923-25=100.
72
61
83
77
100
122
111
116
81
91
75
Poultry and eggs
1923-25=100.
111
119
120
100
77
67
63
70
105
102
66
54
Wool
—1923-25 = 100.
22
91
253
444
173
105
91
36
81
34
39
Crops
1923-25=100.
47
56
54
78
74
107
129
84
62
43
19
Cotton
1923-25=100.
42
42
28
35
50
160
210
134
42
Fruits
1923-25=100..
s:
70
108
60
87
92
104
81
74
67
2'
Grains..
1923-25 = 100..
29
37
57
119
101
69
58
38
23
90
Vegetables
1923-25 = 100..
90
102
120
75
54
82
108
76
78
* New series. See p. 18 of the March 1933 issue, marketings (quantities),
t Revised series. For earlier data see p. 19 of the October 1933 issue.
^ For 1933 revisions of the combined index and automobile and steel ingot production indexes see p. 22 of the August 1934 issue
* Revised.
p Preliminary.
$ Series revised. For earlier data see p. 19 of the January 1934 issue. Revisions did not change the combined indexes except for a few months and in
a slight amount.
* Index of automobile and iron and steel production revised for 1933. See p. 22 of the September 1934 issue for a complete record of the revisions.
J Data revised for 1934. See p. 22 of the April 1935 issue.
1935
"82.5
a 100.7
*116.2
67.3
39.8
90.1
'99.2
53.5
58.1
68.2
68.4
111.1
"65.9
"80.7
"102.1
115.2
66.8
43.1
82.5
"98.3
91
91
112
27
79
179
83
110
29
90
"90
130
34
75
199
80
"110
156
110
48
105
121
92
72
85
153
102
69
100
124
"90
45
88
52
129
70
"79
89
88
105
45
81
166
79
108
30
56
130
55
155
101
68
100
133
96
67
"81
153
93
54.4
70.1
61.4
124.8
"64.6
88
86
106
47
77
183
71
107
130
"97
54
50
132
65
a 74
55
132
50
73
50
60
77
56
63
18
39
31
69
22
83
54
66
76
57
91
35
Ml
34
67
»24
86
these instances by
**
SURVEY OF CURRENT BUSINESS
June 1935
Monthly statistics through December 1931,
together with explanatory footnotes and references to the sources of the data, may be found
in the 1932 Annual Supplement to the Survey
1935
April
23
1935
1934
April
May
June
July
Decem- January
October NovemAugust September
ber
ber
February
March
BUSINESS INDEXES—Continued
MARKETINGS-Continued
Agricultural products, cash income received
from marketings of:*|
Crops and livestock:
Unadjusted
1924-29=100..
Adjusted
1924-29=100..
Crops, adjusted
1924-29=100
Livestock and products, adjusted
1924-29=100..
Dairy products, adjusted
1924-25=100Meat animals, adjusted
1924-29=100..
Poultry and eggs, adjusted- .1924-29=100-
64.5
57 5
45.0
58.5
64 0
60.0
58.0
59 5
48.5
65.5
77 0
54.5
71.0
87 5
60.0
62.5
68 0
69.0
60.5
58 0
74.5
55.0
47 0
57.5
52.0
40 5
51.5
49.5
41.5
51.0
52. C
40.0
45. 0
54.0
43.5
49.0
56. 5
47 5
72.0
80.0
67.5
73.5
62.5
63.5
47.0
50.5
56.0
65.0
51.5
52.0
54.0
63.5
48.0
51.0
54.5
65.0
47.5
50.5
56.5
70.0
48.5
53.0
63.0
72.0
58.5
57.5
63.5
72.5
57.5
60.0
63.5
73.5
54.0
71.5
58.0
72.5
49.5
58.5
64.5
76.0
59.0
60.5
65.0
79.0
57.0
65.0
66.5
73. 5
63.0
65.5
120
102
119
69
116
98
81
148
60
113
158
119
132
87
114
90
195
142
109
123
81
116
104
81
159
85
111
160
160
168
96
182
98
213
136
108
117
84
116
105
80
150
78
113
159
159
158
94
171
93
198
132
109
115
94
117
95
79
143
92
107
161
148
149
93
162
97
182
140
114
117
108
116
96
79
141
115
109
162
130
161
90
198
108
173
143
108
119
103
116
96
78
145
79
112
160
119
169
92
217
105
173
154
109
121
103
117
93
79
150
91
113
161
119
187
109
217
107
217
160
108
117
100
117
94
79
155
86
113
150
120
198
122
208
113
254
161
107
113
100
117
96
81
160
71
113
152
123
200
121
202
107
269
159
106
116
100
118
95
79
163
48
113
160
117
198
116
207
93
263
143
105
115
86
118
95
83
163
6b
113
162
118
170
107
162
87
239
134
105
122
80
117
96
80
161
71
113
162
115
155
98
140
90
226
258
423
211
347
266
332
152
85
197
260
407
225
347
260
328
147
83
202
259
392
218
369
287
304
142
83
215
•p 265
p 396
221
387
242
309
142
78
241
P236
^229
P363
p229
»224
174
354
200
294
148
72
190
370
171
352
186
295
145
66
196
342
163
358
208
291
140
71
190
P344
54.0
STOCKS
Domestic stocks
1923-25=100..
Manufactured goods
1923-25=100
Chemicals and allied prod .-1923-25=100Food 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=100Foodstuffs
1923-25=100 .
Metals
1923-25=100Textile materials
1923-25 = 100
World stocks— foodstuffs and raw materials:
Total f
1923-25=100..
Coffee— adj. for seasonal
1923-25=100—
Cotton— adj. for seasonal
1923-25=100Rubber— adj. for se asonalt-- 1923-25 =100 ._
Silk—adj. for seasonal..
1923-25=100Sugar— adj. for seasonal t
1923-25=100..
Tea —a( jj f or seasonal
1923-25=100
Tin—unadjusted
. .1923-25=100
Wheat— adj. for seasonal
1923-25 = 100—
151
211
162
80
262
?250
231
374
238
295
141
74
237
"368
221
373
234
267
140
74
228
P361
191
363
210
273
153
79
211
p390
»219
150
361 l
215 '
310
142
94
171 i
•126
<« 104
a 124
75
•116
96
80
156
67
113
159
117
"142
«92
a
125
93
208
v 224
^362
162
361
205
306
153
93
161
COMMODITY PRICES
COST OF LIVING (N. I. C. B.)
Total, all groups....
Clothing
Food
Fuel and light
Housing
Sundries
-
1923=1001923=100..
.1923=1001923=100.
1923=100—
1923=100
75.4
85.4
86 0
68.7
93 0
78.4
77.9
73.5
86.5
63.7
92 4
78.6
77.8
74.1
85.7
64.2
92 4
78.8
77.3
74.5
85.8
64.6
92.5
79.1
77.0
75.2
86.4
64.7
92.5
79.6
77.2
76.5
86.9
65.4
92.3
81.0
77.6
79.9
87.4
66.0
92.4
80.9
77.5
79.1
87.5
66.4
92.8
80.8
77.4
78.8
87.6
66.6
92.8
80.8
77.3
78.4
87.5
66.8
93.0
81.6
76.9
81.1
87.1
66.9
93.0
82.4
76.3
83.5
87.1
67.4
93.0
82.4
76.0
83.3
87 1
67.9
93 0
111
105
103
117
105
115
117
156
92
82
72
04
91
96
77
64
98
96
82
72
90
91
110
78
64
89
92
86
72
94
93
137
89
64
80
90
87
76
99
94
113
91
66
102
04
06
86
107
97
101
106
68
108
125
103
104
110
99
93
112
82
133
126
102
108
107
99
98
109
74
110
137
101
125
107
105
94
109
72
107
123
101
119
109
107
85
116
73
130
113
107
114
108
112
87
115
96
117
111
111
119
108
121
90
114
105
188
101
108
97
102
114
90
111
117
162
92
158
124
164
107
156
108
157
109
159
110
162
112
165
117
166
116
165
115
165
114
164
119
165
122
164
122
86 3
89.4
88.6
88.2
87.9
87.7
87.7
" 87.4
87.4
87.2
86.8
86.6
86.3
93.8
87.4
87.7
88.1
83.8
93.9
87.9
91.4
88.2
85.6
93.9
88.1
91.0
88.4
85.5
93.8
87.7
90.8
88.1
85.6
03.0
88.3
00.4
88.2
84.8
04.0
87.7
00.1
88.5
85.6
94.0
87.7
89.8
88.9
87.6
94.4
87.7
89.5
88.9
86.3
94.3
87.3
88.8
89.2
86.1
93.9
87.4
88.1
88.5
86.0
93.9
87.4
87.9
88.2
85.8
93.4
87.4
87.8
88. 2
85.8
93.6
87.3
87.7
87.9
85.1
83.2
FARM PRICES (Dept. of Agri.) § f
Total, all groups
Chickens and eggs...
Cotton and cottonseed
Dairy products
Fruits
Grains
Meat animals
Truck crops
Miscellaneous
-1909-14=1001909-14=1001909-14=1001909-14=100
.1909-14=100—
1909-14=100- ..1909-14 =1001909-14=100 .
-1909-14=100..
RETAIL PRICES
Department of Labor indexes:
Coal..
—
1913=100Food #
1913=100..
Fairchild's index:*
Combined index
Dec. 1930=100
Apparel:
Infants' wear
-Dec. 1930=100..
Men's
Dec. 1930=100..
Women's....
—Dec. 1930=100Home furnishings
Dec. 1930 =100—
Piece goods
Dec. 1930=100WHOLESALE PRICES
Department of Labor index:
78.8
76.9
76.5
76.5
74.6
74.8
76.4
77.6
73.7
80.1
73.3
Combined index (784)
1926=100Economic classes:
79.2
80.8
79.3
79.5
78.2
78.2
79.2
80.1
82
3
77.8
77.1
Finished products
1926=100
72.1
73.1
76.6
72.2
73.9
68.3
71.6
65.1
65.1
67.3
77.5
Raw materials
—1926=10071.2
71.1
71.0
71.8 - 71.5
72.9
72.6
72.7
72.3
73.9
73.7
Semimanufactures _ .. 1926=100 .
73.4
70.6
77.6
70.8
72.0
64.5
63.3
69.8
59.6
80.4
59.6
Farm products
1926=100..
88.8
88.1
85.0
87.2
91.5
72.4
74.8
86.0
63.9
87.9
58.8
Grains
—1926=10064.1
57.2
55.3
54.0
56.2
73.3
48.3
48.8
85.9
49.2
47.8
Livestock and poultry
1926=100a
Revised.
* Preliminary.
* New series. See pp. 16-19 of the May 1934 issue, cash income for marketings of agricultural products and p. 19 of the December 1932 issue, Fairchild
§ Data for May 15, 1935: Total 108, chickens and eggs 110, cotton and cottonseed 105, dairy products 108, fruits 93, grains 112, meat animals 118, truck
79.5
79.4
81.5
77.4
71.7
79.1
87.4
78.4
81.7
76.6
71.8
78.3
82.8
85.8
price index.
crops 127, mis-
t Index of farm prices has been completely revised. For earlier data see p. 20 of the November 1934 issue. \Vorld stocks—revised total, rubber adjusted and sugar
adjusted indexes for January 1927-June 1932, appeared on p. 20 of the September 1932 issue. Cash income for marketings of agricultural products revised from July 1933-June
1934. See p. 23 of the September 1934 issue.
# The data on retail prices of food until Aug. 15,1933, were reported as of the 15th of each month. From then on the prices have been reported every 2 weeks. The monthly
Digitized figures
for FRASER
for months subsequent to August 1933 represent the figure nearest to the 15th of the month.
SURVEY OF CURRENT BUSINESS
24
Monthly statistics through December 1931,
together with explanatory footnotes and references to the sources of the data, may be found
in the 1932 Annual Supplement to the Survey
1935
June 1935
1935
1934
April
April
May
June
July
August
Septem- October Novem- Decem- January Februber
ary
ber
ber
March
COMMODITY PRICES—Continued
WHOLESALE PRICES— Continued
Department of Labor index— Continued.
Combined index— Continued.
Foods
-1926 = 100Dairy products
1926=100—
Fruits and vegetables __
1926 = 100. _
Meats
1926=100
Other products
1926 = 100Building materials
1926=100
Brick and tile
.
1926 = 100—
Cement
1926=100Lumber
1926=100—
Chemicals and drugs
1926=100—
Chemicals
1926=100
Drugs and pharmaceuticals-1926 = 100__
Fertilizer materials
1926=100
Fuel and lighting
1926 = 100Electricity
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
1Q26— 100
House-furnishing goods
1926=100
Furniture
1926=100.
Furnishings
1026 = 100.
Metals and metal products.. .1926 = 100.
Iron and steel
1926 = 100
Metals, nonferrous 1926=100
Plumbing and heating equipment
. _ -.1926 =100-Textile products
1926=100
Clothing
.1926 = 100
Cotton goods
1926 = 100-.
Knit goods...
1926 = 100..
Silk and rayon
1926—100
Woolens and worsted
1926=100Miscellaneous
1926= 100..
Auto tires and tubes
..1926=100Paper 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=100Copper— .
. . . 1923-25 = 100Cotton
1923-25 = 100
Rubber
1923-25 — 100
Silk
1923-25 = 100
Sugar
*
1923 25—100
Tea
1923-25 = 100
Tin
1923-25=100
Wheat
1923-25=100Wholesale prices, actual. (See under respective commodities.)
PURCHASING POWER OF THE
DOLLAR *
Wholesale prices...
1923-25=100Retail food prices . . .
.. 1923-25=100
Farm prices t
...1923-25=100
Cost of living
1923-25 = 100
84.5
84.9
67.3
94.3
51.0
86.3
97. 2
71.2
74 9
80.7
77.1
84.2
85.9
86 0
08 2
66.2
66.5
67.9
57 3
78.6
86 7
90.7
89.7
87 2
75.5
78 6
72.2
68 7
71.7
88 3
92.2
49.4
88 9
98.5
76 7
78 4
81 6
79 9
83.5
87.9
87 3
68.0
67.1
67 1
68.2
60 0
78.9
87 3
91.2
89.4
85 9
75.4
78 6
72.8
66 4
72.5
88 9
94.6
50.7
87 9
98.5
73 5
76 3
82 0
80. 1
84.1
89.1
90 2
68 1
69.8
73 0
70. 1
62 2
78.2
87 8
91 1
93.9
86 3
75 6
78 6
73 1
67 9
72.8
90 6
97 5
50.6
87 1
98 4
70 1
67. I
69 2
78.5
81.8
61. 6
27 6
73.1
68.7
46.3
80.4
76.2
75 3
85 7
88,2
64.2
28 4
82.0
69.5
44.6
83.6
75.8
93.4
79.9
83.5
62.8
81.6
77.7
84.9
91.1
93.9
79.9
79.3
84.5
73.1
66.5
72.9
89.9
87.6
48.8
86.2
97.1
71.1
74.3
81.2
78.2
84.3
85.8
85. 7
67.6
82. 7
S7.0
63.6
87.9
81.'->
78. 0
85 0
91.2
93.9
81.2
76.9
80 9
73.5
64 6
74.4
94 0
92.4
50.5
84 2
97.3
63 1
70 8
81 3
78 4
84,3
86.2
86 0
67 7
75.3
79.6
62.4
69. 0
78.0
85.1
91.2
93.9
81.2
77.8
82.2
73.4
65. 3
73.7
93.1
89.3
49.8
85.1
97.2
67.4
71.8
81.2
78.2
84.2
85.9
85.6
67. 5
80! 0
90. 6
84! 9
90.2
80. 4
86.5
73.1
66.2
72.5
90.3
87.7
48.7
86.0
97. 2
69. 6
74.6
80.7
77 2
84.1
85. 8
8*5. 1
07. 2
x].:<
68. 1
70 3
79 1
86.6
60.5
24 8
74.8
69.7
44.7
82 4
68.8
69 7
78.4
84.4
61.0
25 8
74.1
70.6
47.5
82. 1
68.8
70.0
78.4
84.3
61.9
27. 1
74.0
71.0
47.5
81.5
68.0
70.3
78.4
84.1
63.5
28.6
73.8
70.7
47.5
81.5
67.1
70. 1
78.5
83.3
63.6
28.1
73.6
70.1
47.5
80.9
07. 2
69. 4
73.2
90.2
71.8
89.1
71.9
90.2
73.5
91.8
75.7
93.7
75.8
93.7
74. S
91. 4
50 4
56.8
63.5
49 3
36 2
15 8
43 4
67 5
103 3
59.4
50 1
56. S
03. 5
48 2
36 0
15 7
49 4
64 2
102.4
54. 5
48 3
55.9
63.5
46 0
32 7
16 6
49 9
66 6
101 3
48.8
4S 2
54.9
63. 5
46.3
30 5
18 0
50 9
64.5
101.9
48.3
4S. 9
55.4
63.5
46.7
30.3
19.0
51. 1
61.3
101.2
51.4
47.9
54. 4
63. 5
46.7
30.7
18.8
47.4
61.4
101.2
49.8
48.4
50. 9
63. ">
46. 3
30. 1
20.0
53. 6
62. 1
99.4
48.3
47. rt
4«\ 0
131.8
134.0
153. 1
127 9
129.7
128.2
142.7
125.6
131.6
129.5
144. 1
125. 8
131.6
130. 4
145. 6
125,9
130. 9
131.1
145.6
125.9
127.7
126.4
137.4
124.7
126. 6
122. 9
132. 5
123.6
1 28. 9
123. 2
82 0
79 0
85. 1
87.7
88 6
68 5
70.6
74 8
68.2
63 4
78.4
87 0
91.3
93.9
85 3
75.4
78 5
73.0
67 6
73.9
92 4
99 2
51.3
86 3
98.0
66 6
75 1
81 6
78.5
84.8
86.8
86 7
68 8
73.9
77 3
65.6
69 4
78.3
85 8
91.3
93.9
81 8
75.7
79 2
72.7
64 8
74.6
92 6
99.2
51.6
83 8
97.9
57 4
71 3
81 8
78 9
84,6
86.7
86 fi
68 9
76.1
76 2
66.0
76 6
78.3
85 6
91.3
93.9
82 3
76.5
80 3
72.7
66 4
74.6
95 2
99.3
51.3
84 1
97. 9
fiO 4
"iO 6
81 8
78. 8
84.8
86.6
*<5 5
68. 4
74.8
77.1
67.6
70 0
78.0
85 2
91 2
93.9
82 0
77. 1
81 1
73. 5
65 7
74.6
94 5
98 9
50.4
83 8
97 7
59 7
70 5
81 7
79 0
84.4
86.3
86 2
68 1
75 0
73 6
82 7
86.3
65.3
26 5
81.0
69.8
44.6
83.7
75 1
79 7
82 6
86.0
62.8
25 0
80.8
70 2
44.6
83 5
75 0
71 5
81.9
85. 1
59.5
24 5
80.7
69.9
44.6
82 4
75 0
70 8
79 5
86.4
59.3
24 4
78.9
70.2
44.7
82 4
71 6
71 1
79. 7
87. 8
59.9
24 3
78.0
70.2
44.7
82.4
70 9
85.5
70 7
86.9
71 5
88.6
72 1
89.0
73 4
89.7
48.0
43.5
63.5
43.0
26 9
19.4
57 4
65 8
99. 7
50.9
40 9
55.9
59.1
43 8
28 3
18 4
19 5
76 8
110.6
43.2
40 3
55.9
59.9
41 9
31 0
17 9
19 5
74 3
106.5
42.4
43 6
55.9
62 1
45 2
31 6
16 8
32 9
69 0
101 9
42 7
47 o
53.9
63.5
47 4
34 2
15 9
41 6
66 4
103.3
48.4
125.8
120.8
132.5
122.4
137. 4
139.5
179.2
129 9
136.6
138.5
179.2
129 5
135.0
137.4
170 9
129 2
134.6
136.2
168.9
128 7
84.6
89.7
94.9
79.9
81.0
87.2
73.8
66,0
72.8
75. 1
78 6
65. ?;
68 4
so! 5
82. '.'
63, 2
91.6
94. -4
8?\ I
7;x o
GO. 3
73. 0
88. 3
8S f>
49. 8
85. 4
97. 2
66 fi
74. 2
80. 7
77. 3
84. I
8"). 7
8<>. 0
67. 1
82.4
62.5
73. i
0.9. 2
4(5. 6
80. 6
42. 3
26 S
18. 5
57. 4
61.7
93. 3
51.0
llvfi. I
12:). I1.
CONSTRUCTION AND REAL ESTATE
CONSTRUCTION CONTRACTS
AWARDED
Contracts awarded, F. R, B.: J
26
24
22
25
28
Total, unadjusted
1923-25 = 10030
29
32
36
31
30
28
30
16
13
10
11
10
Residential
1923-25 = 10021
11
12
14
12
10
13
13
26
28
27
31
31
Total, adjusted
1923-25=100
27
27
26
32
29
26
31
26
16
14
12
12
11
Residential
1923-25 = 10011
12
18
12
12
12
10
11
F. W. Dodge Corporation (37 States):*
Total, all types:
8, 929
6,135
6,458
5,771
Projects
number. _ 10, 570
7,505
8,114
7,182
10, 013
9, 153
7,625
8,368
7, 665
Valuation
thous. of dol— 124, 285 131, 157 134, 439 127, 116 119,663 120, 015 110, 151 135, 225 111,692 92, 685 99, 774 75, 047 122,941
Nonresidential buildings:!
2, 526
2,349
3. 103
2,170
2,696
Projects
number ._
3,388
3,141
3,535
3,210
2, 905
3,134
3, 061
2,787
6, 994
5,622
4,985
4,939
7,258
Floor space.
—..thous. of sq. ft..
7,774
7,991
7,885
8,093
8,275
8,996
7, 524
7,147
44, 477
32, 958 30, 613
Valuation
thous. of dol
41, 515 38, 614 52, 797 43, 142 60, 751 50, 816
42, 309 43, 686 39, 440 28, 067
Public utilities:*
122
161
156
165
252
Projects
number
289
199
158
193
205
232
206
196
6, 175
3, 885
8,707
12,911
Valuation
thous. of dol—
8,496
12, 642
7,319
12, 372
8,651
5,599 13, 069
7,901
6,510
Public works :#
933
700
876
945
Projects —
number-1,210
926
1,918
1,051
1,313
1,184
1,087
1,537
1,344
39, 779
Valuation-..
thous. of dol— 33, 170 57, 535 51, 202 44, 340 31,166 41, 906 43, 479 52, 598 43, 847 37, 156 35, 699 23, 933
Residential buildings:
4, 732
2,964
2,900
2,491
3,347
Projects
number-6,098
4,271
3,027
4,201
3,731
3,198
3,370
3,596
8, 809
4, 569
5,528
4,048
5,319
Floor space...
.thous. of sq. ft— 11,925
7,015
4,847
6, 159
7,504
4,795
5, 985
5,030
32, 209
16,617
14, 551
22, 410
Valuation
thous. of dol— 42, 281 22, 636 24, 840 26, 565 19,845 18, 641 17, 854 26, 300
19, 910
Engineering construction :f
Total contracts awarded (E. N. R.)
9(1 9nS
thous. of dol— 116,972 101, 192 116,743 109, 993 118, 000 109, 115 94, 430 90, 501 134, 148 101,419 148, 264 68, 089
* New series. For earlier data on the following subjects refer to indicated pages of the monthly issues as follows: World Prices, p. 20, September 1932; Purchasing
Power of the Dollar (except for farm prices), p. 18, August 1933.
f Revised series. For revisions of construction contracts awarded on nonresidential buildings for years 1930, 1931, and 1932, refer to p. 20 of the September 1933 issue
Farm prices (purchasing power) are on p. 20 of the April 1935 issue.
# These series represent a break-down of the combined total shown in the Survey previous to September 1933. For earlier data see p. 20 of the September 1933 issue
1 Months of March, May, August, and November 1934 and January 1935 include 5 weeks; other months include 4 weeks.
A A continuation of the statistics shown on pp. 30 and 32, of the 1932 annual supplement, by classes, for the years [932 and 1933 was published on p. 19 of the A ngust 1934 issup
J Indexes are based on 3-montb moving average of F. W. Dodge data centered at second month.
25
SUEVEY OF CUEKENT BUSINESS
June 1935
Monthly statistics through December 1931,
together with explanatory footnotes and references to the sources of the data, may be found
in the 1932 Annual Supplement to the Survey
1935
April
1934
April
May
June
July
1935
August I
October
No
™rm-
De c e m
ber "
January
Febru- March
ary
CONSTRUCTION AND REAL ESTATE—Continued
HIGHWAY CONSTRUCTION
Concrete pavement contract awards:
Total
thous. of sq. yd
2,459
1 706
3,752
2,628
2,949
4,600
5,082
2,858
6,301
3,271
2,331
3,619
Roads only__
thous. of sq. yd_.
826
1,463
1,572
2,200
2,093
1,557
3,491
3,760
3,101
4,336
2,356
1,683
Highways:
Approved for construction (N. I. R. A.):*
Mileage
_ .number of miles
2 405
2 643
3,279
2,886
1,718
1,614
2,845
1,225
3,367
2,892
3,320
3,561
Public works funds allotted, thous. of doL. 40, 622 62, 216 43, 297 31, 149 22, 481 25, 548 38, 824 43,654 46,851 58, 065 57, 573 59, 385
Under construction (N, /. jR. A.):*
Estimated total cost
thous. of dol._ 187, 675 269, 229 288, 460 283, 506 267, 509 231, 554 203, 027 179, 453 156, 599 147, 807 145, 639 155, 448
Public works funds allotted.. thous. of doL. 171, 294 248, 942 267, 371 263, 042 246, 394 211, 960 183, 915 160, 775 139, 017 131, 388 130, 660 140, 060
Federal aid funds allotted .-.-thous. of doL. 4,093
8,421
8,435
8,914
8, 634
7,123
7,608
6,093
4,714
5,399
4,146
4,031
14, 111 14,311 13, 674
Mileage
number of miles.. 8,804
12, 524 10, 220
8,831
7,879
6,911
7,280
6,836
7,166
2, 541
1,978
3,193
51, 509
170, 756
154, 988
4,103
7,916
CONSTRUCTION COSTS
Building costs—all types (American Appraisal
Co.)*
1913 = 100
Building costs—all types (A. 0. C.)_1913=100__
Building costs— all types (E. N. R.) §_1913=100_.
Building costs —factory (Aberthaw) 1914=100
178
194.5
157
180
195.9
158
180
199.6
158
180
199.6
177
157
182
199.7
157
183
198.4
157
182
200.6
177
158
181
200.9
158
181
201.4
158
180
201.9
177
158
180
198.7
158
179
196.0
22, 029
15, 807
25, 271
16 680
20, 006
16 348
19, 484
15, 499
19,613
15, 462
16, 244
15, 972
18, 236
16, 723
20, 114
16, 940
23, 896
17, 736
23, 431
17, 896
25, 082
15,319
24, 943
17, 785
88, 922
45.2
86, 842
45.7
86, 248
47.9
85,723
48.3
85, 519
52.5
86, 647
48.6
87, 446
56.1
87, 714
51.8
87, 258
53.4
82, 585
(2)
77, 142
(2)
72, 616
(2)
178
194.3
177
MISCELLANEOUS DATA
Construction—employment and wages:
Employment, Ohio. (See Employment.)
Wages, road building. (See Employment.)
Fire losses, United States
thous. of dol_. 23, 268
F enclosures**
number
Shjp construction. (See Trans. Equipment.)
Re al estate:
Home Loan Bank, loans outstanding*
thous. of doL . 74, Oil
Market activity
each month 1926=100..
(2)
New financing. (See Finance.)
DOMESTIC TRADE
ADVERTISING
Radio broadcasting:
3,104
Cost of facilities, total
thous. of dol . 4,289 « 3, 745
2,561
2,495
4,527
3,728
2,249
4,646
4, 363
4,451
4,412
4 822
333
222
Automotive
thous. of dol..
338
371
309
544
188
178
408
363
299
380
'398
17
Building materials
thous. of dol_.
18
7
32
26
35
0
22
0
33
25
37
31
Clothing and dry goods
thous. of dol._
26
22
27
40
25
30
27
19
29
36
30
28
39
153
20
Confectionery
__thous. of dol_.
80
M28
34
78
117
185
176
68
130
115
193
1,450 « 1, 148
921
969
Drugs and toilet goods
thous. of dol._
1,022
1,610
1, 552
1,168
787
1,497
1,460
1,513
1,607
43
Financial
thous. of dol..
40
63
37
56
36
57
51
49
74
36
46
42
1,079 a 1,005
Foods
thous. of dol
829
700
974
1,259
1,279
1,303
688
719
1,218
1, 197
1 300
74
38
House furnishings
thous. of dol_12
46
12
26
50
6
29
17
15
67
'107
0
0
Machinery
thous. of doL,
0
0
21
0
0
0
0
8
17
8
0
21
19
Paints and hardware..
thous. of dol..
24
13
24
21
19
18
20
7
22
5
16
282
Petroleum products
thous. of doL.
241
193
202
216
243
189
318
289
325
273
281
188
95
45
33
56
Radios
thous. of dol
34
95
91
36
39
91
97
96
95
14
Shoes and leather goods
thous. of dol..
12
0
0
15
9
0
0
0
0
6
6
24
Soaps and housekeepers' supplies
160
thous. of dol_.
213
141
134
190
178
174
179
112
185
216
178
231
0
0
Sporting goods
thous. of dol__
0
0
0
0
0
0
0
0
0
0
0
24
51
Stationery and publishers. .. thous. of doL.
31
32
48
49
72
54
35
23
56
27
37
336
46
321
Tobacco manufactures
thous. of doL.
316
293
187
302
319
326
310
93
38
306
102
16
Miscellaneous
thous. of dol_.
114
90
107
48
110
54
75
46
67
65
108
Magazine advertising:
8,008 10, 653 10, 852
10, 822
Cost, total
thous. of dol._ 12, 754
11, 693 11,586
7,291
6, 530
9,646
9,200
8,938
11,973
1,016
855
1, 678
302
Automotive
.thous. of dol._
1,543
1,639
965
829
1,462
1,665
997
755
1,386
214
Building materials
thous. of dol__
343
191
171
295
202
293
131
274
267
196
116
264
296
572
Clothing and dry goods
thous. of dol..
172
240
413
326
281
477
452
278
393
113
484
178
290
212
151
Confectionery
thous. of dol_.
237
158
178
209
168
226
165
178
267
1,502
2, 430
2,431
1, 992
1,452
2, 503
Drugs and toilet goods
thous. of dol._
2,119
2,382
1,819
1,884
2,170
1,698
2,598
342
241
230
232
232
254
265
Financial
thous. of dol__
250
222
266
195
285
345
1,366
1, 680
1,823
1,072
1,969
1, 827
1,711
1,568
1,330
2,071
1,636
Foods
thous. of doL.
1,607
1, 733
16
90
41
111
11
75
61
31
18
Garden
thous. of dol__
7
57
108
8
448
1,045
134
1,039
490
House furnishings
thous. of dol
867
780
351
183
817
539
1,005
796
104
52
284
Jewelry and silverware
thous. of dol__
109
236
233
36
84
190
86
36
179
45
32
52
77
41
49
58
39
60
Machinery
thous. of doL.
40
32
55
90
45
59
126
109
139
180
146
Office equipment. _
thous. of doL.
no
102
99
81
108
158
70
51
144
11
165
28
135
84
129
Paints and hardware
thous. of dol._
163
24
27
203
88
213
368
229
180
158
Petroleum products
thous. of dol..
303
163
103
226
258
228
288
248
80
103
106
238
180
113
Radios
thous. of dol ;
85
64
213
100
108
100
98
150
126
115
145
133
128
129
132
109
130
Schools
thous. of dol._
113
128
143
134
244
40
142
222
237
201
123
Shoes and leather goods
thous. of dol._
27
39
198
213
106
Soaps and housekeepers' supplies
751
461
318
235
565
643
651
556
555
629
711
thous. of dol. .
717
438
102
169
159
223
112
101
179
83
78
114
184
Sporting goods..
.thous. of dol..|
223
179
152
205
167
385
187
310
201
198
149
137
82
257
Stationery and books
thous. of dol._
117
532
581
433
539
406
621
503
523
486
454
461
548
Tobacco manufactures
thous. of doL.
425
302
354
261
422
595
188
313
226
521
Travel and amusement
thous. of doL.
459
418
257
152
554
612
672
683
670
643
660
739
574
580
472
652
433
Miscellaneous...
thous. of doL.
2,264
2,014
1,827
2,136
1,581
2.271
2.276
2,469
2,501
1.853
1,534
2,317
Lineage, total t
...thous. of lines.. 1 2,700
8
Data discontinued by the reporting source.
* New series. For earlier data on building costs, American Appraisal Co., refer to p. 20 of the August 1933 issue. N. I. R. A. highway work started in September 1933,
see November 1934 issue for beginning of series. First Home Loan Bank loan data were issued for December 1932. See special note below on foreclosures.
t Revised series. See p. 20 of the October 1933 issue, Magazine lineage.
§ Index as of May 1, 1935, 194.1.
• Compiled by the Federal Home Loan Bank Board and represent the number of foreclosures on all types of properties in 1,013 identical communities in 48 States;
having 53 percent of the population of the United States. Data prior to October 1933 not published. Comparable annual totals for 1926, 65,857; 1932, 210,821; and 1933,
209,003. Data were not compiled for other years. Months subsequent to September 1934 were computed by means of a link relative to keep series comparable since the
figures
for these months are from a slightly different number of communities.
a
Revised.
4
186341—35-
26
Monthly statistics through December 1931,
together with explanatory footnotes and references to the sources of the data, may be found
in the 1932 Annual Supplement to the Survey
SURVEY OF CURRENT BUSINESS
1935
April
1934
April
May
June
July
June 1935
1935
DecemOctober NovemAugust SeptemJanuary Februber
ary
ber
ber
March
DOMESTIC TRADE—Continued
ADVERTISING—Continued
|
Newspaper advertising: 0
|
83,183
Lineage, total (52 cities)
thous. of lines.-: 112,803 107, 491 112,122 103, 646
87, 692
96,378 108, 810 106, 999 105, 669 88, 055 85, 430
110,
17,932
16, 475
19,
17, 808
18, 689
17,936
18, 605 17, 414 17, 389
17, 790
15, 781 15, 323
Classified
thous. of lines-; 19, 844
89, 683
66,709
72, 274 70, 108
90,
94,190
84, 957
78,442 90, 205 89, 585 88, 280
69,902
Display
thous. of lines—| 92,960
4,183
7,467
7,076
4,841
8,180
6,514
3,592
3,920
6,260
9,296
9,503
3,917
Automotive
thous. of lines..
5,
1,894
1,432
1,450
2,
2,083
1,808
1,718
1,193
1,653
Financial
thous. of lines-1,481
1,528
1,219
1,285
13, 482 14, 989 16, 939
20,
20,183
19, 531
15, 279
16,103
22, 039
21, 798
13, 769
19, 095
General
thous. of lines.. 20, 313
62,
59, 512
54, 395
42, 636
61,616
56,305
62, 595 65, 614 69, 446 48, 942 47, 535
48, 401
Retail
thous. of lines— 63, 286
GOODS IN WAREHOUSES
Space occupied, public merchandising ware64.4
65.2
66.3
6
63.2
65.9
63.?
67.1
70.1
65.7
66.0
66.0
houses
percent of total—
NEW INCORPORATIONS
2,159
2,
2,608
2,092
2,106
2,048
Business incorporations (4 States)—number. _ 2,3
2,393 I 2,320
2,013 i 1,788 2,140
2,185
POSTAL BUSINESS
528,
398
508,
804
454,193
Air mail, mile performance*_thous. of pounds..
511,006 487, 707 580, 239 516, 205 581, 405
246,861 374, 591
Money orders:
Domestic, issued (50 cities):
3,625
3,780
3,805
4,040
3,270
3,138
3,915
4,394
3,519
3,452
3,286
3,
Number
thousands..
3,553
36,
34, 225
Value
thous. of dol— 36, 700
34,097
33, 896 32, 670 32, 795 31, 753 36, 639 34, 306 38, 328 36,429 33,812
Domestic, paid (50 cities):
12,!,822
13, 142 11,916 10, 777
9,784
12, 620 12, 049
10, 476
10, 253 10, 375
Number
thousands-- 12, 444
10,953
11, 257
95, 674
85, 219
83, 727 88, 045 87, 976 111,756 102, 390 101, 699 90, 710 82, 717
89, 684
88,088
Value
thous. of dol— 94, 393
2,148
2,217
5,567
Foreign, issued—value
thous. of dol—
2,043
1,985
2,267
2,118
2,422
2,299 I 2,507
2,219
Receipts, postal:!
25,827 24,118
27, 313
33,164
21,419
23,886
25,825
25, 981
50 selected cities
thous. of dol.. 26, 775
23,899
23,198 ! 23,527 i 27, 527
3,112
2,907
3,049
3,930
3,110
2,823
2,661
2,825
50 industrial cities
...thous. of dol—
2,758 ! 2,664 i 3,106
2,769
2,879
RETAIL TRADE
Automobiles:*
New passenger car sales:
' 100. 2
72.7
51.5
27.7
51.9 !
Unadjusted
..1929-31 = 100. _ 116.4
73.9
39.2
63.1
87.9
47.3
78.1
84.6
94.5
86.5
49.0
75.0
78.5
67.0
53.0 !
63.0
Adjusted
1929-31 = 100..
59.0
59.0
56.0
55.5
63.5
Chain store sales:
|
Chain Store Age index:*f
j
I
Combined index (18 companies) t
96
96
94
av. same month 1929-31 = 100—
93
92
92
93
93
92
90
Apparel index (3 companies) t
av. same month 1929-31=100..
•105
104
102
103
101
97
91
Grocery (5 companies) t
av. same month 1929-31 = 100..
85
85
82 j
85
82
84
87
Five-and-ten (variety) stores:*
75.8
78.1
67.2
163.9
Unadjusted
1929-31=100., "92.9
79.7
85.5
91.3
92.9
82.5 i
79.9
86.3
90.0
90.8
93.0
90.2
88.9
Adjusted
1929-31=100- «90.6
89.5
87.2 ;
89.5
90.0
91.5 |
90.3
90.0
90.8
H. L. Green Co., Inc.:*
1,981
1,609
2,384
1,557
1,840
2,081
2,289 ! 4,446
2,327
Sales
thous. of dol..
1,974
1,903 j 2,218
2,287
129
128
130
132
128
Stores operated
number..
131
130
131
130
132
133 !
132
131
S. S. Kresge Co.:
8,975
10,
328
21,
213
11,
518
9,472
|
10,414
11,499
11,285
Sales
thous. of dol—
10, 252
10,146 i 11, 680
11, 523
734
732
732
734
731
Stores operated
number..
724 j
724 ;
727
731
728
726
724
723
S. H. Kress & Co.:
5,472
4,968 j
4,762
6,441
6,182 12,412
5,336 I 5,574
5,732 ! 6,096
5, 685
6,367
Sales
thous. of dol._
5,757
232
232
232
232
232
Stores operated
number.,
227
232
227 i
230
230 j
227
229
230
|
McCrory Stores Corp.:
2,317
2,667
5,526
2,148
3,027
2,390
2,658
Sales
thous. of dol—
2,365 ! 2,419
2,582 I 2,745
2,777
2,820
205
205
194
207
205
194
Stores operated
number..
194 i
194
204 |
200
202
195
204
G. C. Murphy Co.:
2,266
1,891
4,471
1,803
2,576
2,105
2,426
2,076
2, 481
Sales
thous. of dol..
2,060 i 2,367
2,118
2,466
186
186
186
186
186
Stores operated
number..
184
185
181
181
181
180 j
181
181
F. W. Woolworth Co.:
18,
219
20,
483
17,148
22,
382
39,566
22,
332
19, 788
Sales
thous. of dol—
19, 515 20, 795 21, 342 23, 304
22, 000
22,005
1,956
1,960
1, 955
1, 960
1,954
1,954
1,956 | 1,954
Stores operated
number..
1,944
1,949
1,951
1,946
1.949
Restaurant chains (3 companies):
3,562
3,193
3,766
3,418
3,458
3,444
3, 520
3,265
3,541
3, 725
Sales _
thous. of dol_.
3,623
3,475
359
359
361
367
357
365 i
Stores'operated
number..
369
368
372
372
372
373
Other chains:
W. T. Grant & Co.:
6,953
5,571
14, 212
5,166
7, 663 " 5, 952
7,822
7,494
6, 572
Sales
thous. of dol._
5,743
6, 295
7,361
7,180
465
465
465
467
464
462
Stores operated
number..
461
457
458
458
457
458
J. C. Penney Co.:
15, 507
19,984
21, 242 21,381 29,300 12, 905 12,039
Sales
thous. of dol.. 17, 597
13,967
16,119
15, 475
17, 086
16, 797
1,474
1,474
1,474
1,474
1,478
1,469
1,473
Stores operated
.
number..
1,468
1,465
1,465
1,467
1,465
1,467
Department stores:
Collections:*
Installment account
18.0
16.3
16.4
16.5
percent of accounts receivable..
16.7
15.6
17.1
17.3
15.0
17.5
16.0 j
16.0
Open account
43.9
41.6
43.9
45.7
percent of accounts receivable..
44.1
44.3
39.0
41.6
40.7
38.9
43.6
43.3
71
61
135
59
83
Sales, total value, unadjusted-^ 1923-25 =100..
82
73
79
51
60
70
77
84
70
146
61
91
Atlanta*
1923-25= 100—
83
90
58
91
83
74
70
47
122
58
82
73
Boston
.
1923-25=100
64
45
54
70
71
62
61
126
72
79
78
73
51
66
78
Chicago*!
.-1923-25=100..
56
122
58
74
Cleveland*
1923-25 = 100..
73
50
59
71
79
70
70
60
146
92
85
Dallas*...
..-1923-25=100.
76
53
59
77
68
61
55
129
Kansas City
.1923-25=100.
78
70
48
64
81
74
63
55
61
117
Minneapolis*
..1929=100.
85
70
47
64
76
69
75
60
58
137
New York*..
-—1925-27=100. _
72
88
89
53
73
70
60
46
44
115
Philadelphia*
1923-25=100.
72
43
60
64
70
65
48
64
65
172
112
Richmond
...1923-25=100..
102
59
81
73
90
97
53
53
117
74
43
St. Louis
..1923-25=100
67
78
62
58
75
67
66
144
San Francisco*
1923-25=100.
70
83
74
81
71
65
0
Revised.
» Preliminary
* New series. For description of Chain Store Age indexes see p. 19 of the December 1932 issue. Comparable data of H. L. Green Co., Inc., sales prior to July 1933 not
available. For earlier data on automobiles see p. 19 of the April 1934 issue and variety store sales p. 18 of the March 1934 issue. Data prior to October 1933 on collections
not published. Data are currently being received from about 400 stores on open accounts and about 250 on installment accounts. New series on air mail not available prior
to May 1934. Series on basis of weight carried was published in the Survey for the period February 1926 to December 1933. For earlier data on department store sales by
Federal Reserve districts, see p. 20 of the February 1935 issue excepting Chicago, for which see note below. Note that the combined index of department store sales is computed by the Federal Reserve Board and the district indexes are computed by the Federal Reserve banks. For districts not marked by an asterisk the series are as
published in the 1932 Annual Supplement and subsequent issues.
t Revised series. For revisions refer to the indicated pages of the monthly issues as follows: Apparel sales index of Chain Store Age, p. 26, October 1933. Combined
index and grocery index of Chain Store Age have been revised for period January 1932 through August 1934. See footnote on p. 26 of the November 1934 issue. For revised
index of department store sales in the Chicago Federal Reserve district see p. 19 of the April 1935 issue.
• New York Evening Post series on newspaper advertising in 22 cities is available for the period 1916 through January 1933. See the 1932 annual supplement and
monthly issues prior to December 1934.
5 Monthly data from July 1933 through Feb. 1934 will be shown in a subsequent issue.
A This series is shown on p. 20 from 1919 to date.
SURVEY OF CURRENT BUSINESS
June 1935
Monthly statistics through December 1931,
together with explanatory footnotes and references to the sources of the data, may be found
in the 1932 Annual Supplement to the Survey
1935
April
27
1934
April
May
June
1935
August SeDtemOctober
ber
July
No
™rm-
Decem- January
ber
February
March
DOMESTIC TRADE—Continued
RETAIL TRADE— Continued
Department stores— Continued.
Sales, total value, adjusted0... 1923-25=100..
a 73
Atlanta*
1923-25=100..
84
76
Chicago*t
1923-25=100..
Cleveland*
1923-25=100 .
69
Dallas*
1923-25=100..
80
72
Minneapolis*
1929=100
New York*...
_ ...1925-27 =100..
74
Philadelphia*
1923-25 = 100. .
65
San Francisco*
1923-25 = 100. .
83
Installment sales, New England dept. stores,
ratio to total sales
percent-72
Stocks, value, end of month:
Unadjusted
1923-25=100..
66
64
Adjusted
.
1923-25=100
Mail-order and store sales:
59, 644
Total sales, 2 companies
thous. of dol
Montgomery Ward & Co
thous. of dol.. 25, 571
Sears, Roebuck & Co.
thous. of dol.. 34, 073
Rural sales of general merchandise'*
97.0
Unadjusted...1929-31 = 100..
Adjusted
1929-31 = 100.. 101.0
74
84
73
68
81
68
77
62
73
77
82
76
74
74
74
77
67
73
74
82
74
72
73
71
73
67
74
73
83
70
66
76
61
71
59
73
77
90
82
70
82
74
78
63
76
75
96
78
68
86
75
75
66
78
73
76
72
67
74
72
77
63
78
74
80
71
70
79
77
76
58
81
78
86
75
74
89
78
78
65
83
74
77
76
77
72
69
73
54
79
75
80
79
68
83
0
73
72
56
80
6.5
7.5
6.1
7.6
12.2
8.5
8.5
7.3
4.7
9.2
9.3
7.8
68
65
68
66
63
65
59
64
61
64
67
64
71
64
74
65
60
64
57
64
61
64
65
63
46, 037
20, 872
25, 165
51, 072
20, 935
30, 137
46 330
19, 266
27, 064
37 387
15, 891
21, 496
44 134
18, 915
25, 219
52 997
23, 093
29, 904
64 134
29, 704
34, 430
60 595
26, 901
33, 694
76, 631
34, 684
41, 947
41, 194
17, 418
23, 776
41,573
17, 905
23, 668
70.8
73.8
74.9
79.7
68.3
72.3
58.2
75.5
68.1
79.2
97.9
98.8
108.7
89.1
110.4
89.8
134.2
94.5
72.6
87.5
82.0
90.6
EMPLOYMENT
EMPLOYMENT
82
91
83
79
86
a 79
77
66
79
a
a
54 763
22, 783
31, 980
90.6
97.4
CONDITIONS AND WAGES
I
I
j
82.4
82.4
78.7
81.2
79.5
75.8
82.4
Factory, unadjusted (B. L. S.)*_.1923-25=100..
82.5
78.7
78.4
78.0
81.1
76.8
108.4
111.5
106.1
106.9
109.4
113.3
104.5
108.6
109.4
Chemicals and products
1923-25= 100_.
108.8
112.7
105.3
108.6
103.0
106.9
110.8
110.9
103.4
108.0
104.4
103.9
102.8
Chemicals
1923-25=100..
111.2
111.7
112.3
106.5
101.3
102.4
98.9
100.6
98.6
98.9
Druggists' preparations
1923-25= 100
97.7
96.9
93.8
103.0
106.8
102.8
105.5
109.2
102.6
98.7
102.2
107.4
101.2
99. 1
104.2
Paints and varnishes
1923-25=100
106. 1
99 6
98.8
99.7
99 5
113.4
109.0
108.3
107.8
111.4
Petroleum refining
1923-25 =100
109.5
107.3
107.9
111.7
112.9
112.9
111.9
110.8
338.0
319.0
304.2
305.5
346.8
348. 9
Rayon and products
1923-25= 100. . 334.9
267.7
273.8
296.8
329.5
307.0
320.8
94.4
97.2
122.1
94.7
99.6
110. 1
Food and products
1923-25=100
105.1
127.1
109.0
103.8
93.8
92.7
119.5
111.2
113.2
106.7
Baking
.1923-25=100..
114.6
115.8
115.4
116.3
115.4
110.9
111.8
115.7
116.1
111.3
144.6
156.0
156.6
169.1
185.8
Beverages .
.1923-25=100
183.0
188.9
176.7
168.2
151.9
145. 7
151.3
148.7
94.3
92.4
112.4
87.2
Slaughtering, meat packing ..1923-25 =100-.
81.5
96. 7
101.4
103.5
121.2
82.9
105.5
117.6
109.3
67.8
72.1
75.2
72.6
68.6
Iron and steel and products... 1923-25 =100..
76.4
70.3
66.2
66.6
70.7
66.0
« 71. 8
66.0
69.4
73.5
72.9
76.8
72.4
69.7
72.9
Blast furnaces and steel works. 1923-25 = 100. _
79.1
65.3
65.4
66.9
74.0
65.9
55.9
56.0
59.0
Structural and metal work._.1923-25=100..
55.8
58.5
59.0
58.6
«55.0
59.7
57.6
53.8
57.1
57.9
oo 2
85.0
88.3
91.2
99.1
99.6
101.0
85.4
86.4
Tin cans, etc
1923-25=100
96.7
93 9
85.5
89.6
88.3
91.4
91.5
92.3
89.4
91.1
Leather and products
...1923-25=100..
87.7
92.7
85.7
83.4
81.6
84.8
91.6
92.1
92.2
87.0
91.3
91.9
Boots and shoes
1923-25=100
90.8
86.8
89.0
85.5
82 9
82 3
90 7
79 8
93 2
92.1
88.4
94.0
Leather
..1923-25=100
94.5
91.5
91.5
86.8
88.2
89.2
92.7
95.6
95.5
49.4
47.1
51.7
51.0
49.0
Lumber and products
_ 1923-25=100
48.8
49 3
49 4
50.6
50.0
49 5
48 6
47 8
64.1
62.9
69.1
68.6
60.8
61.3
62.0
Furniture
-._
1923-25=100
62.4
65.0
65.2
66.9
65.0
66 5
35.9
36.2
39.7
39.4
40.4
Millwork
.1923-25= 100. _
37.0
38.3
37.9
34.6
37.9
36.3
36.3
36.7
30.9
36.1
33.9
34.8
34.3
34.1
35.1
33.8
33.5
Sawmills
1923-25=100..
31.6
32.7
33.9
32.8
99.2
101.2
102.4
98.3
95.6
97.3
96.2
Turpentine and rosin
1923-25=100
98.6
92.9
96.3
99.7
89 3
92.4
84.1
Machinery
1923-25=100..
85.1
81.3
79.0
79.6
82.1
80.3
78.9
80.8
78.0
77.9
77.9
78.5
87.2
66.8
89.6
Agricultural implements
1923-25=100..
97.0
83.0
101.3
73.3
69.3
92.7
67.8
79.6
83.8
72.9
65.9
70.9
65.4
65.1
65.3
Electrical machinery, etc
1923-25=100..
63.7
66.2
69.2
65.4
67.5
65.9
65.6
65.0
Foundry and machine-shop products
69.2
74.3
71.6
73.6
69.5
69.0
66.8
73.5
1923-25=100..
73.1
66.4
66.0
66.8
72.0
191.4
182.4
200.2
201. 2
217.5
Radios and phonographs
1923-25=100..
205.0
219.9
186.0
189.0
206.0
222.8
214.5
207.9
75.9
73.4
80.9
73.2
79.2
80.5
Metals, nonferrous
1923-25= 100. _
76.9
77.8
73.1
75.9
75.1
76.0
76.9
61.2
66.6
82.2
78.1
67.7
57.5
66.9
Aluminum manufactures
1923-25 = 100. .
62.2
65.0
76.0
67.5
61.8
62.5
75.4
81.8
79.1
81.2
72.7
82.0
78.2
70.8
72.0
80.8
Brass, bronze, copper prod... 1923-25 =100. _
75.0
74.0
71.0
89.1
84.4
97.6
94.0
95.6
87.1
94.3
97.0
Stamped and enamel ware.. .1923-25 =100..
90.3
82.9
83.9
87.5
93.0
95.6
96.9
96.9
Paper and printing
1923-25=100..
95.1
93.8
95.9
93.4
95.3
96.7
94.7
96.4
97.5
96.8
106.8
109. 7
109.8
106.8
107.2
104.8
105.4
Paper and pulp
1923-25=100
104.8
107.4
108.7
106.0
106.6
106.9
52.9
55.2
51.6
53.6
Railroad repair shops
1923-25=100..
57.8
59.6
58.3
52.9
59.8
55.7
52.0
53.9
51.6
65.3
66.0
65.8
65.6
66.3
66.3
65.7
65.7
65.9
Electric railroad
1923-25=100
66.7
66.7
65. 1
65.5
54.4
50.6
52.7
57.2
59.1
Steam railroad.. _
..1923-25= 100
52.0
51.9
59.3
57.7
55.0
50.5
51.0
53.1
82.1
Rubber products
1923-25 = 100..
89.1
80.7
81.8
90.0
78.4
83.2
83.3
85.6
83.9
77.4
76.6
79.0
74.7
74.9
82.1
77.4
73.9
Rubber tires and tubes
1923-25= 100..
82.7
70.4
«75. 1
81.7
69.4
68.7
71.9
75.7
47.2
53.2
54.2
53.1
51.5
Stone, clay, and glass products. 1923-25 =100..
55.3
57.7
57.1
52.2
49.6
52.9
51.9
50.1
24.8
27.6
30.5
33.1
31.8
27.6
34.4
31.7
25.7
Brick, tile, and terra cotta
1923-25= 100. .
30.4
29.9
29.9
28.0
37.2
41.6
50.0
48.0
58.4
55.0
Cement
1923-25=100
57.6
59.1
48.2
37.8
54.0
50.7
41.6
94.2
95. 1
86.5
95.9
89.1
87.6
93.7
Glass
1923-25=100
91.7
93.6
87.3
88.5
87 4
86 1
95.2
97.2
99.2
96.1
88.2
Textiles and products
_. 1923-25 =100..
99.1
85.9
73.1
98.4
90.9
90,9
92.8
92.3
96.4
95.8
97.2
93.3
96.8
94.9
85.6
Fabrics
1923-25=100
89.9
87.0
62.0
89.7
89.7
94.0
89.4
101.4
101.8
Wearing apparel _
_ 1923-25=100
100.0
94.7
89.3
90.1
79.8
94 4
86 0
96.8
95.5
89.6
61.1
56.5
Tobacco manufactures
1923-25 = 100. _
56.8
64.7
62.4
65.1
57.3
57.8
61.9
61.3
65.3
64. 0
64.7
0
99.4
92.4
103. 6
88.4
83.7
100.9
Transportation equipment
1923-25 = 100. . 104.9
99.7
95.6
74.2
64.2
62.2
78.4
108.1
119.5
119.9
114.9
114.4
98.4
92.5
Automobiles
_ .
1923-25-100
67. 1
88.9
117.5
106.8
80.9
68 7
34.2
52.2
46.2
Cars, electric and steam
1923-25=100..
59.1
51.7
32.4
34.0
50.6
57.8
55.8
43.6
44.8
36.6
a
74. 9
68.3
74.9
71.7
73.1
69.2
Shipbuilding
1923-25=100
76.6
71.2
68.5
72.8
71.2
69.3
71.3
82.4
81.9
82.3
«82.6
79.3
80.5
Factory adjusted (F. R, B.)*
1923-25=100..
«82.3
«79.5
78.9
«76.8
76.7
•81.5
73.9
108.4
110.7
109.4
108.6
108.1
107.9
108.9
110.9
107.2
108.1
Chemicals and products
1923-25=100..
109.6
108.2
107.5
101.2
102.3
106.3
110.1
113.1
115.1
114.9
101.8
101.6
Chemicals
1923-25=100.
113.9
105.3
102.3
108.5
99.1
102.4
101.4
96.8
100.7
101.4
99.0
100.6
102.1
101.3
Druggists' preparations
1923-25 = 100. _
101.3
101.8
100.8
103.4
102.2
102.2
101.4
101.0
102.3
Paints and varnishes
1923-25= 100. . 108.8
103.6
101.8
99.3
100.5
100.0
101.1
109. 0
111.1
Petroleum refining
1923-25= 100..
107.8
110.4
108.3
109.3
112.1
108.7
109.7
113.1
113.0
111.3
110.9
348.9
319.0
304.2
Rayon and products . _ 1923-25=100
334.9
267. 7
273.8
296.8
329.5
338.0
346.8
305. 5
307.0
320.8
106. 7
101.4
104.0
106.4
107.3
110.8
107.9
104.8
105.0
102.8
Food and products
1923-25 = 100
109.3
107.3
110.5
113.2
115.4
113.2
113.4
115.4
109.0
113.8
Baking
1923-25=100
113.0
114.6
113.6
114 3
113 7
113.6
104.1
84. 9
Slaughtering, meat packing__1923-25=100._
84.2
95.4
97.9
101.9
114.7
85.7
108.2
91.6
122.4
101.1
116.7
"70.8
71.5
71.4
69.4
Iron and steel and products
1923-25=100..
71.0
74.3
76.3
68.8
66.4
67.7
70.6
65.4
65.6
72.2
72.4
71.4
73.4
79.3
70.3
69.9
Blast furnaces and steel works.1923-25 = 100. .
72.0
75.7
68.0
65.4
65.9
66.7
a
56. 3
56.4
59.4
55.3
Structural and metal work.. .1923-25= 100..
56.7
58.9
57.8
57.6
58.1
57.4
57.8
57.0
55.8
89.2
93.4
89.2
92.4
Tin cans, etc
1923-25=100..
87.9
87.8
90.3
95.8
88.9
90.8
94.1
93.6
95.3
0
Revised.
* New series. For earlier data on factory employment unadjusted in detail, see pp. 16 to 18, inclusive, of the June 1934 issue. See pp. 16 and 19 of the July 1934 issue
for factory employment adjusted total and in detail, and unadjusted total. See p. 20 of the December 1934 issue for rural general merchandise sales. For earlier data on
department-store sales see, p. 20 of the February 1935 issue, except for Chicago. Note that adjusted indexes are not available for the Federal Reserve districts not shown
Note also that the combined index (adjusted) is computed by the Federal Reserve Board and the district adjusted indexes are computed by the Federal Reserve banks
t Data for Chicago department-store sales completely revised, see p. 19 of the April 1935 issue.
• The adjusted index of department store sales (total value) has been revised by the Federal Reserve Board for the years 1929 through 1934. Revised indexes not shown
above
appear on p. 20 of this issue.
28
SURVEY OF CURRENT BUSINESS
Monthly statistics through December 1S31, | 1935
together with explanatory footnotes and refer- i
ences to the sources of the data, may be found
in the 1932 Annual Supplement to the Survey April
1935
1934
April
May
j June
July
! August
June 1935
her
Decem- January i
October November
ber
arvU~
March
EMPLOYMENT CONDITIONS AND WAGES—Continued
EMPLOYMENT— Continued
Factory adjusted— Continued.
91.4
82.4
89.1
88.9
94.0
87.9 !
81.4
92.2
83.4
88.9
89.7
93.0
90.5
Leather and products
.1923-25=100 .
81.4
94,2
90.9
88.1
88.4
87.7 !
87.5 i
88.9 !
93.1 :
79.7
82.3
89 9
91 7
Boots and shoes
1923-25 — 100
94.1 i
93.8
92.3
93.4
86.7
93.2 !
89.7 !
92.3
93.0
88.3
93.3
94.3
88.6
Leather
1923-25 =100
49.8
48.4
48.0
51.3
48.8
47.8
48.8
52.4
50.8
50.0
47.7
51.9
47.3
Lumber and products _ _ _ -1923-25=100 .
66.4
64.5
64.7
63.0
62.8 i
61.2
64.9
62.9
67.6
63.0 !
70.3
60.7
71.1
Furniture
_
.1923-25=100. .
37.4
37.0
39.9
36.7
34.3
39.4
39.2
35.7
37.3
38.4
36.0
36.3
38.8
Mill work
1923-25 - 1 00
34.2
33.1
33.0
32.4
35.6
32.2
34.2
35.0
33.0
34.5 i
33.3
32.6
34.6
Sawmills
_ .1923-25 = 100 .
81.2
79. 1
75. 7
81.4
82.0
78.1
79.2
86.0
83.1
81.5 !
75.8
77.2
85.6
Machinery
1923-25 = 100—
73.2
84.1
73.8
72.4
76.4
80.5
70.5
86.7
87.1
82.1
82.3
94.7
91. 6
Agricultural implements
1923-25 = 100..
66.2
65.4
65.1
65.9
65.3 i
65.9
67.5
70.9
65.0
65.4
65.6
69.2
63.7
Electrical machinery, etc
1923-25 = 100. .
F o u n d r y and machine-shop products
70.3
72.4
72.3
66.6
69.5 ;
68.9
68.4
70.4
66. 9
73.1
71.8
67.3
72.6
1923-25=100..
227.4
164. 7
227.3
239.4
213.5
231.2
197.7
157. 1
203.8
253,7
175. 5
226.8
252.7
Radios and phonographs
1923-25 = 100..
76.8
75.1
74.1
76.8
78.2
73.6
76. 1
74.9
79.9
76.0
78.3
79.0
74.9
Metals, nonferrous
_
1923-25 =100__
78.7
71.6
75.8
80.4
75.8
80.7
73.3
79.3
71.9
74.5
77., 7
79.8
72.8
Brass, bronze, copper prod.. .1923-25 = 100. .
92.9
92.0
91.4
94.9
89.1
85.8
88.4
93.2
91,4
94.3
82.8
93.4
84.0
Stamped and enamel ware.. .1923-25= 100_.
95.5
94.9
96.5
94.4
95.6
97.3
95.0
96.0
95.8
96.4
95.5
96.7
Paper and printing
1923-25= 100..
95.4
107.2
106. 0
104. 8
106. 6
106.8
105. 4
109.8
104.8
107.4
106., 8
108.7
109.7
Paper and pulp
- ..1923-25=100.
106.9
59.4
52.4
59.2
55.4
52.1
58.0
52. 6
55.0
53.7
57,4
53.6
51.7
53.8
Railroad repair shops
1923-25= 100. .
65.3
66.7
65.1
65.6
66.3
66.0
66.7
65.7
65.9
66. 3
65.5
65.8
65.7
Electric railroads
_ 1923-25 =100. .
51.4
58.8
57.4
54.2
51.6
58.7
54.7
52.8
56. 8
52.7
53.0
50.7
51.1
Steam railroads
.
1923-25-100
a
83.2
83.4
82.8
78.1
81.9
87.5
82.0
79.0
90.4
83.8
79.5
84 4
77.0
Rubber products
1923-25—100
0
77.0
76.7
73.6
74.0
71.7
71.8
74.4
78.9
73.8
76.4
80.7
71.0
76. 6
Rubber tires and tubes
1923-25 = 100..
56.2
54.9
51.7
50.0
52.7
53.9
52.0
51.2
52.4
51.1
52.4
54.7
Stone, clay, and glass products.l923-25 = 100_.
51.9
28.2
27.4
32.0
29.2
29.3
28.7
29. 4
29.5
29.6
30.3
30.0
29.9
31.3
Brick, tile, and terra cotta_. .1923-25= 100—
55.4
41.9
50.3
54. 3
48. S
48.2
51.6
50.9
42.4
55.9
43.9
44.4
Cement
1923-25 = 100
47.8
90.5
94.0
81.7
92.7
93.4
92.8
89.1
85.3
94.1
94.4
87.8
87.4
92.9
Glass
1923-25=100 .
92.2
96.0
90.2
90.7
92.1
91.3
95.1
96.0
72.9
96.6
97.8
90.2
96. 6
Textiles and products
1923-25 = 100..
92
4
94.8
92.7
94.8
91.1
90.6
88.8
89.0
62.7
96.1
95.6
88.2
94.6
Fabrics
1923-25 = 100
90.8
91.3
91.3
94.8
85.5
92.4
93. 4
94.7
97.3
87.4
96. 9
90.8
Wearing apparel
1923-25 = 100 . 99.2
62.7
57.7
62.5
60.7
61.6
61.8
65.4
62.9
57.7
61.6
58.2
65.7
Tobacco manufactures
1923-25= 100..
61.1
99.2
69.3
93.5
90.6
98.4
91.2
75.5
84.4
"99.4
85.8
70.4
94.0
83.7
Transportation equipment
1923-25 = 100_ _
109.2
104.1
82.1
74.7
113.5
114.1
101.1
95.5
92.3
114.4
108.8
96. 6
77.4
Automobiles
1923-25 = 100..
38.2
38.3
54.7
53. 2
52.1
46.1
49.2
43.9
46.9
37.0
52.6
42.8
Cars, electric and steam
1923-25 = 100. _
35.9
a
70.1
70.3
75.7
76. 0
66.3
70.9
70.8
69.3
75.3
67.3
68.5
Shipbuilding
1923-25=100 .
72.1
71. 1
Factory, by cities and States:
Cities:
79.4
81.9
75.7
83.4
84.5
81.6
80.1
84.6
80.6
78.4
77.3
80.2
Baltimore*
.
1929-31 = 10078.2
67.7
69.3
69. 3
67.2
70.1
65. 6
66.9
67.9
68.3
65.1
66.0
68.6
Chicago* .
1925-27 = 100
65.9
86.7
76.3
83. 9
88.7
82.6
87.5
79.6
76.7
88. 5
78. 6
86.4
87.6
Cleveland*
1923-25=100 .
74.8
50.2
83.1
108.3
110.8
70.2
64.2
100.5
83.9
91.2
62.4
109.5
Detroit
1923-25 = 100
112.7
110 2
85.1
76.9
86.9
86.2
93.1
82.6
81.0
77.5
81.6
84.0
90.0
91.6
Milwaukee*
1925-27 = 100
79.4
75.6
74.9
70.5
70.7
75. 1
73.3
68.1
74.7
71.8
73.6
73.4
New York
1925-27 - 100
75 2
74 1
84.6
88.3
82.1
86.5
82.9
83.3
88.4
82.3
83.8
89.5
88.8
Philadelphia!
1923-25=100
84.5
86.2
66.6
68.3
65.5
69.2
70.8
66.3
68.4
68.4
67.4
67.0
68.9
65.3
65.8
Pittsburgh*!1923-25=100
States:
91.6
84.4
84.3
94.7
92.4
91.2
84.6
Delaware!
. 1923-25 = 100
93 0
93.5
82 6
89.6
86.2
83.2
73.5
72.1
69.9
72.7
74.2
75.6
71.5
73.1
70.4
72.9
69.9
74.3
Illinois
1925-27=100..
70.3
111.8
109.3
114.0
111.7
106.7
108.5
108.9
111.8
108.9
113 3
Iowa
..
1923 = 100
111.0
113 0
110.2
71.7
70.0
Massachusetts*! A
1925-27=100
67.6
68.2
72. 3
72.4
67.2
56.5
66.5
69.0
73.6
66 6
71.6
85.4
84.9
90.7
89.4
87.6
86.2
86.7
87.0
Maryland*
1929-31 = 100
90.3
85.5
89.3
87.9
85.5
74.5
76.0
73.1
76.4
76.9
77.0
76.7
74.9
76.5
75.3
75.0
73.8
74.8
New Jersey!
1923-25 = 100..
74.8
72.1
71.0
71.4
72.0
70.6
73.2
69.7
70.4
73.1
74.3
New York
1925-27=100
70. 9
71.1
94.9
87.3
93.3
84.4
93.8
89.0
81.9
« 94. 1
Ohio
1926 = 100..
87.6
85.3
91.9
83.0
91.3
75.9
75.0
74.3
76.1
77.1
74.4
72.9
75.0
Pennsylvania!
1923-25 = 100..
75.5
75.6
74.5
74.4
75.6
85.1
80.2
84.1
84.1
81.3
Wisconsin.
_
1925-27=100
85.7
82.4
80.9
80.6
84.0
85.7
79.6
79.5
Nonmanufacturing (Dept. of Labor}-.
Mining:
52.6
62.9
58.5
63.8
57.5
53.6
56.9
51.4
Anthracite
1929=100..
58.2
61.6
49.5
64.4
60.7
74.3
78.2
79.3
80.0
72.2
76.7
76.7
77.0
Bituminous coal
1929=100
77.1
79.7
81.1
81.6
79.8
42.3
46.0
41.0
43.3
44 4
44 3
44 3
Metalliferous
1929=100
40.8
42 7
39 9
45 0
43 2
41 7
74.9
79.5
Petroleum, crude production ...1929= 100..
76.7
80.0
81.8
74.9
81.6
82.7
74.2
74.0
74. 0
78.7
78.8
51.8
42.1
45.3
36.9
56.6
53.3
37.3
40.5
54.3
55.6
54.7
49.5
Quarrying and nonmetallic
.1929=100
48.7
Public utilities:
72 5
71.4
72 2
72 2
73 2
72.6
73 1
72 8
71 2
Electric railroads
1929—100
71 0
71 0
71 3
71 8
82.6
83.1
82 2
82 4
84.0
85.0
85.8
85.8
82.7
82 2
Power and light
1929=100
85.6
83.6
85 5
70.2
70.3
69.7
70.4
Telephone and telegraph . . .1929=100
71.0
70.9
70.2
71.0
69.7
70.5
69.8
69.9
70.0
Trade:
83.6
82.6
82.9
79.5
79.2
82. 5
82.6
79.0
81.7
83.7
91.1
«S0.2
77.8
Retail f
.1919=100..
83.2
82.2
83.5
84.3
84.2
84.0
Wholesale f1929 = 100
82.1
82.8
82.3
82.5
85.1
85.0
84.6
Miscellaneous:
3
3
3
3
3
Banks, brokerage houses, etc.*!-1929=100._
(3)
(3)
(3)
(3)
(3)
(3)
(3)
(3)
()
()
()
()
()
79.9
84.3
80.5
80.0
Dyeing and cleaning*!
1929=100 .
84.9
80.3
72.4
70.3
79.9
78.6
72.5
69 6
75.8
85 7
86 2
Hotels
1929—100
85 5
86 3
84 4
84 2
86 2
83 3
86 5
°86 6
83 7
85 4
86 7
82.1
Laundries*!
1929=100..
80.0
81.7
84.0
84.6
82.9
79.6
80! 5
80.3
79.5
79.6
79.7
83.7
Miscellaneous data:
Construction employment, Ohio .1926 =100..
26.4
24.7
31.7
30.5
25.1
24.5
38.0
17.5
18.4
26.6
21.6
18.3
24.7
Farm employees, hired, average per farm •
.92
1.02
number ._
.79
88
.94
.80
.87
.80
.65
.65
.72
.66
.68
Federal and State highway employment,
total* _
number
282 740 345, 278 466, 504 545, 013 549 203 531 034 498, 151 450 322 426 603 323 700 240 414 221 406 217 539
Construction*
number.. 147, 256 209, 167 299, 133 374, 056 380, 701 350, 764 309, 745 281, 087 267, 152 189, 020 120, 131 99, 197
109, 390
Maintenance*
number
135, 484 136, 111 167, 371 170, 957 168, 502 180, 270 188, 406 169, 235 159, 451 134,680 120 283 122, 209 108 149
Federal civilian employees:
United States*. _
number
745, 345 680, 026 894, 968 696, 977 702, 037 707, 546 713, 662 715, 606 707, 307 707 606 710 347 715 901 720 279
Washington
number.. 100, 949
85, 939 87, 196
83, 850
87,978 91, 065 92, 557
93, 322 93, 827 94, 050 94, 389 95, 517
97, 388
Railroad employees, class I
thousands..
1,061
996
1,071
1,033
1,065
1,035
1,048
1,028
995 ,
976
997
977
"985
Trades-union members employed:
All trades
percent of total
76
76
79
72
72
75
75
76
73
74
76
78
42
Building trades*
percent of total
43
42
43
45
43
44
40
44 i
40
41
43
39
o 77
72
75
Metal trades*
percent of total. _
78
76
75
73
74
75
73
75
76
Printing trades*
percent of total
82
83
82
a 86
83
83
83
83
83
84
83
85
85
84
84
All other trades* .
percent of total
86
81
84
78
78
S3
81 i
80
85
79
83
52
On full time, all trades.. .percent of total..
57
53
49
48
52
48
53
49
48
54
55
51
« Revised.
s Not available.
* For earlier data see the following references: Employment in Baltimore, Milwaukee, Maryland, and Massachusetts, and Federal civilian employment, total United
States, pp. 18 and 19, December 1932; employment in banks and brokerage houses, etc., Federal and State highway employment, dyeing and cleaning establishments, and
laundries and employment in Chicago, pp. 19 and 20, June 1933; Pittsburgh employment, p. 18, January 1934; Cleveland employment, p. 19, July 1934; trades-union members
employed, p. 18, of the December 1932 issue.
! For revised data refer to the indicated pages as follows: Employment in Delaware, New Jersey, Pennsylvania, and Philadelphia, p. 19, September 1933; for revisions of
years 1930-34 for those series and for the city of Pittsburgh, see p. '20 of the March 1935 issue; for Massachusetts, employment for 1931, p. 19, August 1933. Employment
in banks, brokerage houses, etc., for 1932, p. 28, January 1934. Employment in laundries and dyeing and cleaning establishments, p. 20, August 1934. For revised data on
employment in wholesale and retail trade for 1929-34, see p. 20 of the March 1935 issue.
• Figures represent the condition as of the end of the month shown. They have been pushed back from the data published as of the first of the following month by the
Department of Agriculture. This method was followed since September 1932. Figures shown previous to that date in the Survey are as of the first of the month.
A Data revised for years 1932-34, inclusive. Revisions prior to March 1934 will appear in a subsequent issue.
June 1935
29
SURVEY OF CURRENT BUSINESS
Monthly statistics through December 1931, j 1935
together with explanatory footnotes and refer- j
ences to the sources of the data, may be found j
in the 1932 Annual Supplement to the Survey i April
1934
April | May I June | July
August
1935
Sep
m
^ - October
January
February
March
EMPLOYMENT CONDITIONS AND WAGES—-Continued
LABOK CONDITIONS
Hours of work per week in factories:*fU
Actual, average per wage earner
—hours—
35.9
36.7
Industrial disputes.§
Disputes (in progress)
..number..
302
281
Man-days lost
number.. 1,283,000 2,517,749
Workers involved (in progress). number-- 125,000 199, 580
Labor turn-over: f
Accessions
percent of no. on pay roll..
5.18
3.63
Separations:
.23
Discharged
percent of no. on pay roll-.20
2.04
Laid off
percent of no. on pay roll-2.60
Voluntary quits-percent of no. on pay roll—
1.11
35.5 i
35.4 j
1
265 1
1,676,265 !
106,852 |
4.19 !
.22!
3.65 !
1.01 i
.18
3.48
.94
34.0
33.5
33.3
34.0
35.0
36.4
37.1
255
233
1,735,672 4,029,155
122,144 486,798
260 i
203
852.787 841, 570
102,971 ; 98, 201
198
876, 297
73, 481
203
865, 050
100, 427
231
868,000
94, 000
36.6
1
1,069,000
« 99,000
3.71
3.24
3.61
4.09 |
4.32
6.14
6.33
4.23
3.79
.19
2.96
.70
.19
3.56
.75
,16
3.41
1. 55
.19 !
4.38 i
.73 !
.15
3.78
.62
.15
2.72
.58
.18
2.10
.76
.18
1.88
.73
.17
2.32
.75
PAY ROLLS
64.1
62.2
Factory unadjusted (B. L. S.)*_. 1923-25 = 100,.
70.7
67.3
67.1
64.9 j
60.5
58 0
69.1
61.0
59.5
°70.7
63.2
91.6
Chemicals and products..
1923-25=100-.
95.7
92.3
88.3
88.11
88.7
90.0 i
89.9
93.2
91.6
96.1
90.9
91.7
90.8
92.1
Chemicals
1923-25 = 100-.
96.2
95.8
94.4
96.1
96.6
96.5 i
91.0
92.4
90.7
93.7
90.0
96.8
Druggists'preparations
1923-25 = 100..
97.7
92.4
88.5
90.3
86.1
89.9 j
92.3
99.1
97.9
95.9
96.8
94.8
79.4
Paints and varnishes........1923-25 = 100..
'
77.9
75.8
78.1
' 86.2
83.7
78.5
78.1
95.2
Petroleum refining
1923-25-100..
96.5
92.0
92.7!
93.1 | 95.
97.2
96.3
97.9
95.3
96.4
96.8
97.8
245.4
Eayori and products
1923-25 = 100..
242.7
221.3
191.2 j 200.01 208.6
2J3.2
215. 5
252.3
217.2
231.6
252.3
240.1
83.3
Food and products.,
1923-25 = 100..
85.5
83.1
87.2
91.9 |
95.6
105.1 I 109.3
83.4
103.4
96.1
83.0
92.9
89.6
97.8 '
Baking
1923-25 = 100..
.
99.6
98.3
93.7
93.7
98.6
98.7
133.4
185.0
Beverages
1923-25 = 100..
153.6
150.9
167.0) 182.5 i 193.5
167.0
157.2
137. 2
142.2
146.9
135. 0
84.0
Slaughtering, meat packing..!923-25 = 10074.3
76.1
80.7!
87.21
91.4
99.0
109. 2
107.0
76.5
73.5
100.7
98.4
51.9
41.1
Iron and steel and products....1923-25 = 100..
59.2
56.8
61.31
62.6 I 47.6
45. 5
59.0
42.8
44.2
"59.3
47.6
53.9
Blast furnaces and steel works. 1923-25 = 100..
62.1
59.4
66.1
68.9 I
47.9
44.0
37. 3
39.2
63.8
41.7
°63.3
46.5
39.5
41.8
Structural and metal work...1923-25 = 100..
39.6
37.6
41.5
42.7 |
40.6
40.5
37.6
41.2
40.8
"38.7
39.2
80.7
Tin cans, etc
1923-25 = 100..
85.4
84.2
86.9 |
94.1 i
94.5
93.6
96 2
82.5
77.3
79.4
83.3
79.6
76.4
Leather and products
1923-25 = 100-.
79.1
82.1
78.9 j
72.9
77.2
69^2
78.7
84.1
64.3
61.0
82.5
69.1
72.5
Boots and shoes
1923-25 = 100..
75.1
81.8
77.6 |
70.5
76.2
79.1
67.7
60.4 !
79.2
80.7
54.6
63.7
88.5
76.1
Leather
1923-25=100..
91.4
81.9
82. O j
79.8
79.2
73.6
92.6
94.2
76.9 !
82.0
86.5
31.7
33.5
Lumber and products
1923-25=100..
37.5
33.3
34.6 j
33.9
31.6
33.9
35.2 !
34.8
36.3
33.6
33.3
43.5
42.7
Furniture
1923-25 = 100—
49.2
40.3
40.5
41.2
39.3
44.6
47.2 i
47.1
49.7
44.5
45.9
23.0
23.1
Millwork
1923-25 = 100..
27.7
24.6
25.31
21.1
23.1
21.8
24.1 j
25.3
24.0
25.8
24.6
19.1
22.1
Sawmills
1923-25 = 100..
23.7
22.5
24.2
23.2
20.9
22.3
21.4
22.4
22.6 !
21.3
20.0
52.7
Turpentine and rosin
1923-25 = 100—
57.9
53.7
51.4
51.0
50.3
51.3
52.2
54.2
45.1 !
52.3
47.9
50.2
60.8
Machinery
.1923-25 = 100..
67.6
60.5
62.2
61.6 I
58.5
58.1
55.6
57.0 i
64.3
66.9
57.2
60.2
97.5
68.3
Agricultural implements
1923-25=100—
108.2
93.6
87.2 |
76.1
70.2
66.7
74.4
100.9
85.7
91.2
113.7
52.4
50.2
Electrical machinery, etc
1923-25=100..
58.4
47.8
49.9
51.8
49.8
48.0
57.2
55.0
49.3
50.0
52.2
Foundry and machine shop products
!
j
51.5
1923-25=100..
58.0
54.4
56.8 i
55.5!
51.1
50.3
46.7
55.7
57.5
47.6
46.6
49.7
112.5
Radios and phonographs
1923-25 = 100—
107.0
108.9
112.4 i 117.41 114.4
123.1
127.0
103.2
110.6
137.8
131. 5
132.0
58.4
53.2
Metals, nonferrous
1923-25=100..
64.4
58.9
60.6
57.9
53.6
54.0
63.4
64.6
57.5
58.8
61.5
51.1
40.8
Aluminum manufactures
1923-25=100—
60.9
67.0
63.5!
59.1
43.8
41.4
61.2
51.1
58.7
53.8
56.2
58.3
51.2
Brass, bronze, copper prod...1923-25= 100...
64.1
59.8
62.1
58.4
54.4
48.7
63.2
64.0
49.5
51.3
55.6
77.6
Stamped and enamel ware... 1923-25 = 10089.6
80.8
83.6
80.1
72.9
70.8
66.7
70.4
86.8
91.4
71.9
79.1
83.4
78.4
Paper and printing
1923-25=100..
84.6
°79.7
80.6
78.9
77.3
84.1
80.3
82.7
84.5
82.7
86.3
83.5
78.8
Paper and pulp
1923-25 = 100—
87.3
81.3
79.8
78.5
77.1
79.6
86.8
88.4
83.2
82.0
83.5
43.8
48.5
Railroad repair shops
1923-25=100—
50.7
53.0
53.8
53.8
51.1
45.6
48.0
49.6
44.4
46.8
44.4
58.0
58.5
Electric railroads1923-25=100..
60.4
59.2
59.4
59.6
58.8
56.9
57.1
57.4
59.7
60.7
58.4
42.9
47.9
Steam railroads
1923-25=100—
50.1
52.7
53.5
53.5
50.6
44.9
47.2
46.2
48.9
43.5
43.5
69.4
58.8
Rubber products
1923-25 = 100..
70.8
73.4
70.31
66.5
61.9
56.1
71.9
58.3
58.1
"70.6
66.0
62.2
Rubber tires and tubes
1923-25=100..
65.4
67.6
64.5
81.11
55.9
49.9
47.6
49.6
65.8
*62.7
50.4
60.0
31.6
34.9
Stone, clay, and glass products. 1923-25=100..
39.3
38.8
39.5
38.8 |
36.1
37.4
34.7
35.5
35.6
34.8
34.4
13.0
Brick, tile, and terracotta.. .1923-25=100..
16.3
16.4
18.1
19.3 j
17.0
16.8
16.1
16.3
16.9
15.0
16.5
15.3
21.2
35.4
Cement
1923-25=10031.9
30.6
35.8 |
39.9 |
39.1
22.1
33.9
32.4
29.4
24.1
25.0
69.9
68.2
Glass.
„__
..1923-25=100.82.7
80.8
75.8 |
73.4 i
69.5
67.4
69.4
75.6
81.3
72.0
71.9
78.5
Textiles and products
1923-25=10082.4
79.8
74.1 i
66.4
62.5
68.1
57.5
74.7
71.1
84.5
86.8
75.3
82.2
Fabrics
1923-25=100..
78.0
79.3
74.9
66.9
64.4
64.7
49.1
83.3
73.1
72.5
84.5
80.2
66.6
Wearing apparel
1923-25=10086.4
76.1
68.1
61.7
55.3
70.6
73.4
88.5
70.9
64.1
79.5
61.3
41.5
Tobacco manufactures
1923-25=100..
43.1
46.2
46.3
47.5
47.3
49.3 i
50.3
44.3
49.0
40.8
49.9
48.8
79.4
70.4
Transportation equipment
1923-25=100—
102.7
92.4
88.3
78.5
66.0
*98.2
52.3
48.4
94.7
49.7
67.6
92.2
Automobiles
1923-25 = 100117.1
107.4
100.4
85.8
70.7
76.5 i
54.3
110.3
51.3
112.7
52.0
76.4
31.7
Cars, electric and steam
1923-25=100—
65.1
44.8
49.2
56.7
50.7
51.2
43.4
40.0
34.4
30.0
54.5
31.5
56.2
Shipbuilding
1923-25=10062.2
53.9
60.0
60.2
55.6
56.4
56.2
57.0
54.0
59.7
•63.8
55.3
Factory by cities:
j
,
65.2
Baltimore*
1929-31 = 10079.2
75.3
76.6
77.6 I
75.4
76.1
68.8
72.0
66.2
66.4
67.7
45.6
45.2
Chicago*..1925-27 = 10048.5
42.0
44.6 j
45.5
45.8 |
46.1
48.4
46.4
48.8
43.7
45.0
67.7
Milwaukee*
-1925-27=100—
78.5
59.7
64.8 i
65.8
61.8 I
73.4
75.2
61.1
56.7
58.8
66.4
60.7
58.6
59,4
New York*
..1925-27 = 100—
63.7
60.9
59.2 j
56.2
55.3
65.3
60.8
60.9
61.8
59.6
60.3
72.4
68.1
74.4
75.2
Philadelphia* t
1923-25=100..
74.6
68.8
68.1 j
67.4
67.1
66.4
75.1
70.8
72.5
56.4
Pittsburgh*!
1923-25 = 100..
66.3
57.8
68.3 [
68.6
62.9
58.4
64.1
65.8
50.3
54.7
53.7
55.8
Factory by States:
I
61.7
64.7
Delawaref
1923-25 = 100—
62.5
66.7
65.9 |
68.5
68.3
65.1
62.8
61.5
67.7
61.6
61.2
48.8
54.1
48.6
Illinois A1925-27 = 10054.6
46.8
49.1 i
49.9 |
48.0
48.6
52.7
49.8
47.4
48.2
70.9
Maryland*
1929-31 = 100..
83.1
78.7
78.9 I
79.9
77.1
72.6
72.1
78.0
81.0
73.0
70.5
72.5
58.7
Massachusetts**
1925-27 = 100..
60.9
59.5
58.4 \
53.9
53.2
54.0
52.1
62.3
60.8
46.6
50.9
57.3
58.1
'59. 3
New Jerseyf
1923-25 = 10060.8
57.7
59. 4 i
59.6
58.1
59.5
61.5
58.3
59.0
58.8
59.7
New York
1925-27=100..
62.9
59.0
58.2 j
57.0|
55.7
58.3
56.9
63.1
57.2
57.3
56.1
58.0
60.9
57.8
57.3
63.4
Pennsylvania!
..1923-25=10062.6
59.3
82.9!
61.7 i
55.5
57.2
53.1
61.9
56.4
58.1
62.0
Wisconsin
1925-27 = 10069.7
59.6
63.9!
64.01
62.1
60.7
67.3
69.3
60.2
62.5
57.8
60.8
Nonmanufacturing (Department of Labor):
j
J
Mining:
I
|
57.5
Anthracite—
1929=10049.9
51.7
64.0 !
53.3 j
42.3
39.7
51.2
47.0
64.3
38.9
48.3
52.3
50.4
59.6
66.1
Bituminous coal
1929=10045.0
51.4
54.4!
55.1 i
49.7
51.4
67.5
57.6
58.3
57.0
Metalliferous
1929=100..
31.8
27.2
25.6!
26.71
25.1
30.1
27.0
28.2
29.9
30.9
25.9
29.4
28,5
61.2
54.9
Petroleum, crude production.-.1929=10056.7
53.4
56.4 |
56.9 j 60.0
55.5
59.7
59.5
56.0
59.0
60. 8
22.2
Quarrying and nonmetallic.
-1929=100..
28.9
29.9
35. Oi
37.0 j
35.0
34.0
32.1
32.4
20.8
24.9
29.4
23.6
Public utilities:
!
|
j
62.4
63.1
63.4
Electric railroads
1929 = 10063.3
62.9
63.0
63.2 ;
63.8 i
62.8
63.0
62.9
62.3
61.8
79.3 ;
79.4
79.9
80.6
78.3
Power and light
1929 = 100..
79.0
76.8
77.6
77.81
81.11
78.3
78.0
79.6
Telephone and telegraph
1929=100-.!
73.11
68.8 j
71.41
71. 3 i
72. 3 j
72.2 !
73.2
72.9
75.3
74.0 i
74.9
72.2
73.9
0
Revised.
* For earlier data on the following subjects, refer to the indicated pages of the monthly issues as follows: Hours of work, p. 20, October 1932; pay rolls, Baltimore, p. 18,
December 1932; payrolls, Chicago, p. 20, June 1933; payrolls, Milwaukee, p. 18, December 1932; payrolls, New York, p. 20, June 1933; pay rolls, Philadelphia, p. 18, December 1932; pay rolls, Pittsburgh, p. 18, January 1934; pay rolls, Maryland and Massachusetts, p. 18, December 1932. Data on factory pay-roll indexes, by classes shown on p.
18 of June 1934 issue. See also p. 19, July 1934.
! Revised series. For revisions on the following subjects, refer to the indicated pages of the monthly issues as follows: pay rolls, Pennsylvania, Delaware, New Jersey, and
Philadelphia, p. 19, September 1933; for revisions of years 1930-34 for these series and for the city of Pittsburgh, see p. 20 of the March 1935 issue; pay rolls, Massachusetts,for
1931, p. 19, August 1933. Hours of work per week in factories revised for 1933, see p 20 of the July 1034 issue. For labor turnover, see p. 20 of the April 1935 issue.
§ Data revised. Revisions will be shown in a subsequent issue.
A
Revised data on Illinois pay rolls from April 1929 to December 1932 will be shown in a subsequent issue.
• Data revised for the years 1932 34, inclusive. Revision? prior to March 1934 will appear in a subsequent issue.
1 Data revised for 1934. See pp. 29 and 56 of the May 1935 issue.
SURVEY OF CURRENT BUSINESS
30
Monthly statistics through December 1931,
together with explanatory footnotes and references to the sources of the data, may be found
in the 1932 Annual Supplement to the Survey
June 1935
1934
1935
April
April i
May
June
July
1935
August ^beT
October N
Decem- January
ber
ber "
m
February
March
EMPLOYMENT CONDITIONS AND WAGES — Continued
PAY EOLLS— Continued
Nonmanufacturing (Department of Labor)— Con.
Trade:
Retail f
-1929=100Wholesale f
1929=100
Miscellaneous:
Banks, brokerage houses, etc.*t-1929 = 100__
Dyeing and cleaning*!
1929—100
Hotels
- - .1929=100
Laundries*!
- - 1929=100..
WAGES-EARNINGS AND RATES
Factory, weekly earnings (25 industries) :*fcf
All wage earners _
..dollars-Male:
Skilled and semiskilled
dollarsUnskilled
dollars .
Female
_ _
dollars..
All wage earners
1923 = 100..
Male:
Skilled and semiskilled
1923=100Unskilled
1923=100 .
Female
1923 = 100
Factory, av. hourly earnings (25 industries):* f j
All wage earners
dollars-Male:
Skilled and semiskilled
_ dollars
Unskilled
dollars
Female
dollars—
Factory, weekly earnings, by States:
Delaware
._. 1923-25 =100 .
Illinois
1925-27 = 100..
Massachusetts* j*
1925-27=100
New Jersey
1923-25-100
New York
1925-27-100
Pennsylvania
1923-25=100 _
Wisconsin
1925-27 — 100
Miscellaneous data:
Construction wage rates :*§
Common labor (E.NM.)-~dol. per hour...
Skilled labor (E.N.R.)
dol. per h o u r _ _ _
Farm wages, without board (quarterly)
dol. per month. .
Railroads, wages
dol. per hour..
Road-building wages, common labor:#f
United States.
.dol. per hour-East North Central
. dol. per hour .
East South Central
dol per hour
Middle Atlantic
dol. per hour
Mountain States
. dol. per hour .
New England
dol. per hour
Pacific States
dol. per hour
South Atlantic
dol per hour
West North Central
dol. per hour
West South Central. -.
dol. per hour..
Steel industry
U.S. Steel Corporation
dol. per hour _
Youngstown district
percent base scale..
62.5
64.8
61.2
63.1
61.5
62.6
61.4
62.8
60.1
63.8
58.4
62.7
60.6
63.6
61.9
64.5
61.9
64.2
66.2
64.8
59.7
63.9
59.3
64.6
60.4
65.2
(3)
61.9
67.1
65.5
(3)
60.8
66.5
64.4
(3)
65.1
65.9
66.9
(3)
64.1
66.2
68.3
(3)
58.9
65.6
68.2
(3)
56. 7
64.5
66.6
(»)
59.0
64.3
65.9
(3)
59.1
65.3
64.8
(3)
53.9
64. 9
63.7
(3)
51.1
64.9
63.3
(3)
50.4
66.0
63.9
(3)
49.8
67.8
64.1
00
53. 5
"68.2
64.6
21. 93
20.90
20.80
20.71
19.90
19.58
19.55
20. 00
20.12
20.74
21.61
22.09
21.86
24. 62
17.87
15.21
82.4
23. 1 5
17. 19
14. 71
78.5
23.29
16.91
14. 61
78.2
23. 20
17. 06
14. 57
77. 8
22.34
16.43
14. 33
74.8
21.72
15.92
14.23
73.6
21. 62
15. 98
14.10
73.5
22.48
16. 29
14.43
75.2
22.60
16.23
14.39
75.6
23.03
16. 59
15.08
77.9
23.95
17.65
15.21
81.2
24.64
18.03
15.46
83.0
24.25
17.85
15.47
82.1
79.9
80 2
88.2
75.1
77 9
85.3
75.6
75.9
84.7
75.3
76.6
84.5
72.5
73.7
83.1
70.5
71.5
82.5
70.2
71.7
81.8
73.0
73.1
83.7
73.4
72.8
83.5
74.7
74.5
87.5
77.8
79.2
88.2
80.0
80.9
89.7
78.7
80.1
89.7
. 598
.£81
.586
.586
.588
.588
. 592
.593
.594
.594
.594
.595
.597
.659
. 492
.434
. 639
.481
.425
. 646
.485
.428
.649
.480
,429
.650
.484
.429
.650
.481
.425
.654
.480
.430
.656
.487
.428
. 658
.490
.428
.656
.487
.428
.656
.491
.430
.659
. 490
.431
.659
.494
.433
78.3
77.3
84.8
91.3
84.1
82 4
80.5
75.8
72.1
80.8
86.7
80.6
78 2
72.2
75.3
73. 6
80.7
87. 3
80.7
82.6
74.0
76.3
74. 1
79.1
87.0
80.2
81.3
74.3
77.1
72.6
80.0
85.3
79.8
74.4
69. 3
76.3
80^3
86. 5
80.9
77.0
71.2
75.4
70.7
82.5
86.4
80.2
74.0
69.4
78.0
72.8
77.1
86. 9
79.5
76. 9
73.5
75.4
72.3
76.4
87.3
79.1
76.7
73.0
76. 3
73.7
83.0
88.9
81.6
78.4
75.2
77.1
74.4
83.8
89.1
82.6
78.1
74.3
79.6
77.1
84.9
90.4
83.3
81.4
78.4
78.6
77.7
86.0
92.0
85.0
82.4
79.3
. 526
1.10
. 534
1.08
. 534
1. 10
.534
1.10
.530
1.10
.530
1. 11
. 535
1.12
. 536
1. 12
.539
1.12
.541
1.12
.538
1.11
.524
1.10
. 524
1. 11
.610
.600
27.29
.599
.596
.612
27. 83
.629
.616
.632
26. 69
.636
.647
.667
.40
.53
.30
.43
.56
.45
.55
.31
.46
.37
.43
.51
.30
.41
.55
.46
.57
.31
.41
.35
43
'.51
.30
.41
.55
.44
.57
.31
.43
.35
.43
.51
.30
.41
.55
.43
.57
.31
.42
.35
.42
.50
.30
.41
.56
.43
.58
.32
.43
.34
.41
.50
.30
.41
.56
.43
.58
.31
.45
.34
.41
.50
.30
.42
.56
.44
.58
.32
.45
.34
.41
.51
.30
.42
.55
.42
.58
.32
.46
.34
.41
.51
.30
.42
.55
.42
.57
.32
.47
.34
.40
.52
.30
.42
.55
.42
.57
.32
.48
.34
.39
.52
.30
.42
.55
.43
.57
.31
.47
.35
.39
.53
.30
.44
.55
.45
.55
.31
.47
.36
.39
.52
.30
.44
.55
.47
.55
.31
.46
.37
.485
101.5
.485
101.5
.485
101.5
.485
101.5
.485
101. 5
.485
101.5
.485
101. 5
.485
101.5
.485
101.5
.485
101.5
.485
101.5
.485
101.5
562
561
543
516
493
466
497
243
254
46
166
485
238
247
30
171
452
217
235
41
177
423
197
226
43
182
. 485
101. 5
28.82
FINANCE
BANKING
Acceptances and com'l paper outstanding:
Bankers' acceptances, total
mills, of dol. .
Held by Federal Reserve banks:
For own account
mills, of dol._
For foreign correspondents mills, of dol._
Held by group of accepting banks, total
mills, of dol. .
Own bills
mills, of dol—
Purchased bills
mills, of dol—
Held by others
..mills, of dol. _
Com'l paper outstanding
.mills, of dol..
Agricultural loans outstanding:
Farm mortgages:
Federal land banks
mills, of dol—
Joint stock -land banks J. __ mills, of dol .
Land bank commissioner* mills, of dol —
Federal intermediate Acredit bank loans to
and discounts for:
Regional agricultural credit corp's and
production credit ass'ns
mills, of dol..
All other institutions
mills, of dol—
Other loans:
Agricultural marketing act revolving fund
loans to cooperatives!
mills, of dol—
Banks for cooperatives, incl. Central
Bank*
mills, of dol—
Emergency crop loans* (1921-1934)
mills of dol. _
Prod. cred. ass'ns*
mills, of dol—
Regional ag. credit corp.*
mills, of dol—
413
613
569
534
516
520
539
3
4
3
2
1
1
1
536
236
299
70
139
507
226
281
59
142
480
220
260
53
151
472
222
250
42
168
483
222
261
37
188
503
223
280
35
192
697
1, 503
345
259
« 1,568
335
311
« 1, 650
320
379
« 1,710
306
430
124
86
103
70
120
.70
127
71
128
73
125
74
50
67
55
55
55
30
17
19
21
21
391
178
214
22
175
1,976
a
a
1
1
...
516
245
271
46
188
517
252
265
44
178
1, 848
121
552
« 1, 886
1,916
« 1, 943
« 1,961
1,975
587
617
643
665
687
118
73
105
83
101
88
100
90
100
88
103
87
115
86
55
55
57
57
55
54
50
50
23
23
25
25
28
28
29
28
1, 766 « 1,811
285
295
516
478
0
0
84
95
90
92
91
91
91
78
75
76
83
78
77
14
97
28
50
39
58
61
86
61
58
71
58
65
78
145
143
138
129
118
82
107
80
97
91
87
85
3
Not available.
° Revised.
I Joint-stock land banks in liquidation. These figures will no longer be reported.
* New series. For earlier data on the following subjects refer to the indicated pages of the monthly issues, as follows: Pay rolls, banks, brokerage houses, etc., p. 19,
June 1933; pay rolls in dyeing and cleaning establishments and laundrias, p. 19, June 1933; factory weekly earnings, p. 20, October 1932; factory hourly earnings, p. 18,
December 1932; weekly earnings, Massachusetts, p. 18, December 1932: construction wage rates, p. 19, September 1933. Earlier data on additional series of agricultural
loans outstanding will be shown in a subsequent issue.
f Revised series. Tor revisions on the following subjects refer to the indicated pages of the monthly issues, as follows: Pay rolls of banks, brokerage houses, etc., for
1932, p. 29, January 1934; Massachusetts weekly earnings for 1931, p. 19, August 1933 issue; pay rolls in laundries and dyeing and cleaning establishments, p. 20, August
1934; factory weekly and hourly earnings revised for 1933, p. 20 of the July 1934 issue. Certain classes of loans included in figures shown through May 1934 have been reclassified by FCA and removed from the agricultural loan category. For revised data on pay rolls in wholesale and retail trade for 1929-34, inclusive, see p. 20 of the March
1935 issue.
# Beginning with March 1932 method of computing rates was changed. Since this date, data are based on Federal aid and state projects; as on only Federal-aid projects
before this time.
T Increase in wage rates daring M irch 1934 was due to provisions of title E, sec. 201, pir. 2, item C of the National Recovery Act, which required State highway departments to fix minimum wage scales.
§A Construction wage rates as of May 1, 1935, common labor, $0.523; skilled labor, $1.08.
Breakdown of figure shown in issues up to November 1934
• Date revised for years 1932-34, inclusive. Revisions prior to March 1934 will appear in a subsequent issue.
cT Data for 1934 revised. See pp 30 and 56 of the May 1935 issue.
http://fraser.stlouisfed.org/
Federal Reserve Bank of St. Louis
Monthly statistics through December 1931,
together with explanatory footnotes and references to the sources of the data, may be found
in the 1932 Annual Supplement to the Survey
31
SUEVEY OF CUREENT BUSINESS
June 1935
1935
April
April
May
June
July
1934
Decem- January
October NovemAugust September
ber
ber
1935
February
March
FINANCE—Continued
B ANKIN G-Continued
Bank debits, total
mills, of doL. 31, 651 31,231 28,757 30,142 27,752 25, 705 24,009 26,750 24, 752 30, 915 30,063 25, 730
31,744
New York City
mills, of dol._ 15,905 16,953 14,652 15,388 13, 842 12, 285 11,122 12, 286 11,343 15, 214 14, 997 12, 549
15,895
13,409 15, 701 15, 066 13,181
Outside New York City
mills, of doL. 15,746 14, 278 14,105 14,754 13,910 13,420 12,888 14, 465
15, 849
Brokers' loans:
874
832
827
825
1,016
1,082
923
831
816
Reported by N. Y. Stock Exch.mills, of doL.
805
1,088
773
3.14
3.00
2.57
2.62
2.59
3.00
2,68
2.50
2.99
2.45
2.54
Ratio to market value—
...percent.2.50
2.40
By reporting member banks:
To brokers and dealers in
702
598
726
N. Y.*
mills, of dol720
881
To brokers and dealers out54
166
153
155
184
166
side N. Y.*
mills, of doL.
170
Federal Reserve banks:
8,442
8,719
8,220
8,161
8, 197
8,229
8,332
7,953
8,873
Assets, total
mills, of dol8,833
Reserve bank credit outstanding
2,463
2,462
2,464
2,464
2,472
2,455
2,461
2,463
2,453
2,485
mills, of doL.
2,465
2,471
6
6
5
5
6
6
5
5
9
6
6
Bills bought....
mills, of doL.
5
5
22
7
23
7
15
31
25
11
11
39
Bills discounted
mills, of dol._
6
6
8
2,432
2,432
2,430
2,430
2,431
2,432
2,430
2,430
2,430
2,431
United States securities
mills, of dol__
2,430
2,430
2,437
5,401
5.154
5,680
5,220
5,196
5,022
5,212
4,899
4,843
5,317
Reserves, total
_..mills, of dol_.
6,014
5,825
5,807
5,143
5,101
5,405
4,930
4,980
4,989
4,683
4,808
4,303
5,107
5,592
Gold reserves§
mills, of doL5,769
5,559
8,442
8,719
8,161
8,197
8,220
8,229
8,028
8,175
8,332
7,953
8,873
Liabilities, total
mills, of doL. 9,096
8,833
4,312
4,405
4,810
4,295
4, 257
4,262
4,023
4,138
4,313
3,982
5,084
Deposits, total
mills, of doL_
4,893
4,889
4,052
3,934
4,096
4,543
4,029
4, COG
3, 746
3,840
3,599
4,081
Member bank reserves
mills, of dol._
4,715
4,587
4,247
3,221
3,134
3,085
3,167
3,161
3,077
3,069
3,101
3,213
3,060
Notes in circulation
mills, of dol_. 3,153
3,154
3,166
70.8
72.0
70.1
69.4
69.9
70.0
70.2
68.8
69.1
70.6
73.0
72.2
Reserve ratio..
percent-.
72.3
Federal Reserve reporting member banks:*
Deposits:
Net demand
..mills, of dol_. 14, 822 12, 221 12,426 12, 504 12, 745 12, 926 13, 083 13, 476 13, 627 13, 685 14, 027 14,175
14, 087
4,434
4,388
4,488
4,510
4,471
4,474
4,455
4,501
4,392
4,454
4,476
Time__
mills, of dol.. 4,556
4,449
9,906
10,
575
10,017
10,
683
9,889
10,030
9,280
9,723
10,059
9,326
10,
900
10,723
Investments
.mills, of doL. 10,993
U. S. Gov. direct obligations**
7,192
7,237
6,639
6,715
mills, of doL. 7,324
7,280
7,227
U, S. Gov. guaranteed issues**
583
601
529
555
mills, of doL.
702
2,800
2,845
2, 862
2,789
Other securities* •
mills, of dol._
2, 960
2, 918
7,646
7,561
7,802
7,794
7,807
7,873
8,014
7,705
8,136
8,026
Loans, total
mills, of dol~
7,696
7,609
Acceptances and commercial paper* *
439
436
456
452
mills, of doL436
387
440
977
971
986
979
On real estate* *
mills, of dol._
963
966
965
3,024
3,081
3,247
3,047
3,051
3,358
3,017
3,577
3,476
On securities
mills, of dol—
3,112
3, 529
2,974
2,995
3,152
3,127
2,862
Other loans* A.
mills, of doL. 3,234
3,257
3,233
3,198
Interest rates:
Acceptances, bankers' prime
percent-H
1.00
1.00
i.oo
i.oo
1.00
1.00
1.00
1.00
1.00
1.00
Call loans, renewal
percent.64
1.00
1.00
3
1
94-1
Com'l paper, prime (4-6 mos.)
percent-94-1
94-1
94-1
94-1
l-l H
94-1
94-1
94-1
%
%
/4
1.50
1.50
1.50
1.50
1.50
1.50
1.50
1.50
1. 50
1.50
Discount rate, N. Y. F. R. Bank...percent-1.50
1.50
1.50
5.00
5.00
5.00
5.00
5.00
5.00
5.00
5.00
5.00
5.00
Federal land bank loans *
..percent-434
5.00
5.00
2.00
2.00
2.00
2.00
2.00
2.00
2.50
2.26
2.00
2.00
Intermediate credit bank loans
percent-200
2.00
2.00
Real estate bonds, long term
percent-3
4-1
4-1
Time loans, 90 days
percent-94-1
94-1
94-1
94-1
94-1
/4-l
U-l
Savings deposits:
5,154
5,142
|
5,147
5,114
5,054
5,145
5,128
New York State
mills, of dol..
5,090
5,119
5,097
5,134
5,185
5,158
U. S. Postal Savings:
Bal. to credit of depositors, .thous. of doL. 1,200,407 1,197,488 1,196,907 1,197,920 1,190,288 1,192,199 1,192,764 1,198,578 1,203,548 1,207,428 1,200,767 | aj 205,429 1,202,539
Balance on deposit in banks.thous. of doL. 445,469 806,163 730, 051 694,575 643, 600 596,937 573, 022 559, 918 550, 608 539, 547 508,312 10490, 653 465, 375
FAILURES
Commercial failures:
1,184
963
912
790
Total
number.. 1,115
1, 052
977
1,033
929
1,091
923
976
1,005
89
100
64
102
98
95
117
Agents and brokers
_.
number-99
95
103
99
78
116
269
225
214
258
Manufacturers, total
.
number.235
281
246
279
237
223
223
260
229
10
4
4
4
6
Chemicals, drugs, and paints..number..
6
7
5
3
6
6
7
10
32
25
28
Foodstuffs and tobacco
number-32
32
22
19
23
27
16
21
17
15
5
11
7
7
Leather and manufactures
number-11
9
7
7
10
9
14
9
9
28
32
32
24
Lumber
number..
26
32
37
35
36
30
33
41
32
37
26
Metals and machinery
number-26
28
26
41
25
32
38
19
26
28
25
15
14
12
Printing and engraving
number..
9
10
9
16
12
9
17
10
17
10
11
12
Stone, clay, and glass
number-10
12
5
11
11
13
5
9
7
8
8
43
29
30
Textiles
number-32
19
24
26
40
30
27
47
27
40
88
112
76
82
Miscellaneous
number..
81
84
113
101
88
96
93
97
80
826
638
512
Traders, total
number632
716
654
579
669
659
597
597
777
660
13
6
1
Books and paper
number..
12
11
12
9
10
14
8
12
8
76
Chemicals, drugs, and paints..number._|
64
55
41
59
68
62
47
57
69
56
53
164
Clothing
number.. I
107
129
71
66
110
88
109
91
65
86
106
128
320
274
251
Food and tobacco
number..'
276
335
250
275
230
270
293
345
298
296
22
18
General stores
number..!
22
26
20
24
20
12
26
33
19
31
24
118
Household furnishings
number..!
60
95
64
68
64
65
52
103
65
87
68
70
117
Miscellaneous
number..
116
88
119
106
93
92
94
127
113
71
96
81
Liabilities, total
thous. of dol.. 18,064 25, 787 22, 561 23,868 19, 326 18,460 16, 440 19, 968 18, 350 19,911 18,824 18,738
18, 523
5,375
Agents and brokers
thous. of doL_
4,477
4,503
3,350
4,416
3,401
5,006
2,673
5,319
1,735
4,722
3,968
4,988
Manufacturers, total
thous. of dol.-j 5,601 10,300
5,319
9, 674
9, 581
5,927
6,842
6,786
7,578
7, 489
7,467
6, 396
6,383
157
Chemicals, drugs, paints..thous. of doL62
62
382
225
252
22
291
38
309
20
36
164
209
Foodstuffs and tobacco thous. of dol__
331
344
271
160
489
146
192
178
135
263
237
97
59
Leather and manufactures.thous. of doL234
86
178
73
73
468
138
365
235
220
94
315
836
Lumber
thous. of dol._
1,579
1,412
1,892
1, 654
1,652
1,474
1,638
975
1,291
1,291
1,678
1,018
Metals and machinery
thous. of doL.
1,334
818
3,237
1,703
766
342
991
287
1,543
1,737
333
1,054
1,761
Printing and engraving thous. of dol._
135
363
126
140
412
83
778
139
281
175
85
183
180
132
Stone, clay, and glass
thous. of doL.
302
194
432
269
348
192
146
365
312
138
316
265
550
Textiles
thous. of dol_.
601
951
670
1,361
717
418
784
527
998
673
481
350
2,423
Miscellaneous
thous. of dol..
3,704
1,949
1,872
4, 751
2, 765
2,902
1,881
2, 697
3,197
3,786
3,705
2,233
Traders, total
thous. of dol_. 9,790 10,168
8,130
9, 537 10,319
8, 124
9,564
6,675
7, 569
7,238
6,966
7,830
7,633
Books and paper
thous. of dol—
124
198
80
152
57
117
135
51
63
225
177
5
61
Chemicals, drugs, paints.-thous. of dol—
580
525
609
739
467
870
714
398
568
634
421
436
478
Clothing
thous. of dol__
894
1,004
622
994
1,431
761
790
587
504
1,357
1,027
1,719
1,044
Foods and tobacco
thous. of doL_
4,424
4,924
3,222
2, 730
3, 875
3,957
3, 505
3, 362
4,087
2,573
2,942
3,028
2,567
General stores
thous. of dol__
278
329
175
123
311
317
145
532
158
551
155
327
320
Household furnishings
thous. of dol_. : 1,376
1,222
802 j
744
1, 091
1,054
1,789
839
943
645
988
1,117
678
Miscellaneousthous. of doL.i 1,885
2, 573
3, 267 j 2,145
2, 272
1,440
2,543
1,449
1,461
1,475
2,107
1,451
1,651
° Revised.
* New series. Earlier data for Federal Reserve member banks shown on p. 18 of the January 1934 issue except as noted below. These data cover 90 cities and supersede
the previous data for 101 cities. They are available only from January 1932 to date. One additional city has been added in 1934 to offset the dropping of 1 bank which
discontinued reporting. New series on brokers' loans not available for periods not shown. For brokers' loans by reporting New York City member banks see November
1934 and previous issues. See special notes below on Federal Reserve member bank loans and investments. For new series on interest rates of Federal land banks see
p. 20 of the April 1935 issue.
§ Figures subsequent to December 1933 represent gold certificates on band and due from U. S. Treasury, plus redemption fund—Federal Reserve notes, $35,138,000 on
Feb. 28, $32,748,000 on Mar. 31, $31,400,000 on Apr. 30, $30,000,000 on May 31, $25,724,000 on June 30, $24,056,000 on July 31, $24,000,000 on Aug. 31, $21,798,000 on Sept. 29,
$22,032,000 on Oct. 31, $20,137,000 on Nov. 30, $19,060,000 on Dec. 31, 1934, $15,875,000 on Jan. 31, $16,299,000 on Feb. 28, $15,649,000 Mar. 31, and $20,520,000 on April 30,1935.
* These 3 series represent a break-down of the investment total." Monthly data previous to October 1934 not available.
* Data on acceptances and commercial paper, on real estate and other loans represent a break-down of the "All other" loans total which has previously been shown.
Digitized forIf FRASER
added, they give a total comparable to figures formerly presented.
32
Monthly statistics through December 1931,
together with explanatory footnotes and references to the sources of the data, may be found
in the 1932 Annual Supplement to the Survey
SURVEY OF CURRENT BUSINESS
1935
April
June 1935
1934
April
May
June
July
August ,»• October
1
™
De c
b erj~y
1935
February
March
FINANCE—Continued
LIFE INSURANCE
(Association of Life Insurance Presidents)
Assets, admitted, totalf
mills, of dol__
Mortgage loans
mills, of dol
Farm
_
mills, of dol._
Otber
mills of dol
Bonds and stocks held (book value):
mills, of dol
Government
mills, of dol-_
Public utility
mills, of dol—
Railroad
.
_
mills, of dol_.
Other
mills, of dol- .
Policy loans and premium notes mills, of dol.
Insurance written :f
Policies and certificates
thousands..
Group .
_
thousands. _
Industrial
thousands
Ordinary
thousands
Value, total
. _. thous. of dol..
Group
thous. of dol—
Industrial
thous. of dol_.
Ordinary
thous of dol
Premium collections!
thous. of dol..
Annuities
.
thous. of dol__
Group..
..thous. of dol..
Industrial
_
thous. of dol—
Ordinary
thous. of dol..
1,151
32
854
265
733, 870
37, 495
228, 188
468 187
252, 982
29, 231
8,580
54, 625
160, 546
17,417
5,457
1,143
4,314
17, 487
5,398
1,124
4,274
17, 556
5 335
1,101
4,234
17, 659
5 272
1,078
4, 196
17, 725
5 201
1,047
4, 154
17, 798
5 141
1, 023
4 118
17, 891
5 077
1,001
4 076
17, 982
4 997
971
4 026
18, 040
4 917
950
3 967
18, 176
4 877
932
3 945
6,868
2, 022
1,719
2,587
540
2,915
6,919
2,047
1,727
2,586
559
2,907
7,010
2.116
1,732
2,592
570
2,898
7,133
2,203
1,740
2 606
584
2,893
7 200
2,236
1, 750
2 617
597
2 889
7 392
2 407
1, 754
2 (319
6> 1 2
2 886
7 517
2,503
1, 753
2 626
630
2 880
7 603
2 577
1,784
2 630
612
2 869
7 834
2 804
1,791
2 629
610
2 868
7 948
2 878
1,805
2 630
635
2 861
1,178
46
841
291
794, 495
62, 214
220, 366
511 915
245, 099
25, 030
8,255
52, 340
159, 474
1,201
34
868
299
791. 544
40, 989
226, 013
524, 542
244,281
28, 742
8,250
48, 018
159, 271
1,132
51
805
276
762, 490
57,812
211,473
493 205
246,414
29, 266
7, 813
54, 523
154,812
1,042
26
766
250
694, 259
46, 795
202, 256
445 208
252, 572
33, 246
8,885
54, 072
156, 369
1,073
25
793
255
699, 879
39, 628
212, 380
447 871
234! 662
33, 501
8,350
49,111
143, 700
880
16
654
211
551 556
21, 087
170, 935
359 5'->4
211,892
22 760
7,870
50, 772
130, 490
1, 104
25
821
258
694,718
36, 206
216, 439
442 073
245, 252
?7, 165
8,344
55, 301
154, 442
1,051
1,061
1,260
2<*
21
54
744
922
784
282
284
256
676 757 838, 576 824 903
27, 348
28, 137 71, 394
205, 463 239, 873 19G, 255
443 157 527 309 601 300
236, 514 367, 481 302, 195
36 771 73, 579
71 797
9,864
9,753
7,845
48, 392 104, 056 52, 549
143, 506 180, 093 167, 985
18, 247
917
18, 302
4 767
898
3 867
1,812
8 097
3 013
1,829
2 637
618
2 846
1, 054
1, 185
892
269
768 491
20, 388
209,017
30,611
235,
261
509 619
244, 330
252,456
8, 785
53, 512
154, 681
161,480
26 605
10, 114
54, 257
(Life Insurance Sales Research Bureau)
588
Insurance written, ordinary, total-mills, of dol-.
540
581
556
498
484
590
645
400
495
476
545
534
251
248
233
213
Eastern district
mills, of dol_.
226
251
305
208
162
213
206
233
231
55
56
54
48
Far Western district
mills, of doL.
58
59
55
47
54
40
49
46
53
f,Q
67
70
66
68
60
66
71
Southern district
mills of dol
52
58
57
64
211
213
194
199
177
Western district
mills, of dol_.
209
170
215
194
146
167
175
189
Lapse rates
.
1925-26=100
118
135
MONETARY STATISTICS
Foreign exchange rates :#
b
6
b 333
fr.344
«>. 340
Argentina...
.
dol. per gold peso&.322
*. 337
*> 336
&.33Q
6.326
b 318
b one
*>. 338
330
333
.234
234
.234
Belgium
dol. per belga.. 234
.234
.233
.169
.237
.235
233
.228
.237
.233
.083
.086
084
OS
2
.082
082
Brazil
- . dol. per milreis
!o86
.085
085
083
082
082
9
1.002
1,002
1. 002
1 012
1.021
Canada
dol. per Canadian doL.
1. 024
1.013
.995
1. 008
1
025
991
109
QOQ
103
.103
.102
Chile
dol. per peso
.051
102
103
051
103
103
103
104
051
4.84
5.04
5.15
4. 95
England...
_dol. per £__
4.89
5.11
5.05
4.94
5.07
4.99
4.99
4.78
4.87
.066
.066
.066
.066
.066
.066
France.
..
dol. per franc -_
.066
. 067
.066
066
066
OP>7
066
.402
.395
Germany
.__
-dol. per reichsmark,.
.403
. 396
.383
.401
. 3S5
.395
.402
. 405
.404
. 403
.401
.383
.372
.364
.379
.389
.388
.379
India
dol. per rupee-.381
.371
.360
.375
. 376
. 368
QQK
.085
086
.083
.086
. 085
.085
Italy
dol. per lira-.086
OS 7
.087
083
. 086
085
.302
.284
.303
.285
.298
.288
Japan
dol. per yen-.299
.300
.280
.287
.291
. 298
.284
.679
,676
. 675
678
. 675
.679
.684
Netherlands
dol. per florin
681
676
680
. 678
686
6"6
.137
.137
. 133
. 136
.137
. 138
Spain
— _dol. per peseta..
.137
.137
. 137
. 137
1S8
, 137
' 137
.252
.249
.255
. 263
. 260
.266
Sweden
dol. per krona-.
.260
. 261
.246
.257
. 258
. 255
.251
.802
.802
.800
.806
801
Uruguay
_ _ dol. per peso
.806
.802
.805
.803
.8^0
812
806
801
G old and money:
Gold:
8,284
8,' 191
8, 641
7,759
Monetary stocks, U. S
mills, of dol_.
7,736
7,821
7, 893
8, 552
7,971
7,971
7, 989
8,047
8, 465
Movement, foreign:
489
71
588 -1,055
1, 131
Net release from earmark.thous. of doL- -2,301 -1,133
986
2, 419
-85
260
-661
236
62
140
114
363
37
1, 780
Exports
thous. of doL_
6,586
14, 556 22, 255
540
2,173
310
46
148,670
52 460
Imports
thous. of dol
54, 785 35 362
70 2Q1
13 543
3 585 13 010 121 199 92, 249 149, 755 1 99 R1 7
5> 781
Net gold imports, including gold released
12, 342
from earmark <*• *
thous. of doL- 146, 307 53,615 34, 071 64, 691 52, 934 36, 170 —16, 251 11, 097
120, 804 92, 170 150, 523 123,007
865, 822 S98 418 868 129 876, 094 881 861 857 44° 885 697 878 847 866, 037 890, 875 8^1 *M6 882 309
Production, Rand
fine
ounces
Receipts at mint, domestic fine ounces-- 97, 080 97, 751 101, 217 94, 439 141, 910 93, 212 144,313 153, 887 96, 365 119, 864 98, 590 79, 564
117,786
5,577
5, 411
5, 365
5, 355
5, 341
5, 350
5,477
Money in circulation, total
mills, of doL. 5,500
5, 473
5, 494
5, 355
5, 427
5,439
Silver:
1,014
1,248
1, 593
1, 425
Exports
thous. of doL.
1,638
2,404
1, 789
1, 162
1,741
1,424
1, 69,8
3,128
1, 661
8,711 19, 085
1,955
20, 842
Imports
-thous. of doL- 11, 002
4,435
5,431
2- 458 21, 926
14, 425
20, 831
15,011
16 351
.544 a .544
. 452
.678
.442
. 463
.452
.590
Price at New York
dol. per fine oz_.
.490
. 495
.543
. 546
15, 462
16, 570 o 14 035 "16, 063
15,739
16 519
14 871
13 667
16, 131
Production, world *
thous of fine oz
15 481
15 032
15 581
15 349
1,187
1,001
1,531
1,015
1,543
1, 359
90=)
966
963
1,512
1, 039
Canada
thous. of fine oz
1,378
1,517
5, 814
6, 892
6, 500
7, 822
5, 321
6 821
6, 500
7, 065
6 241
6, 461
6 536
Mexico
thous. of fine oz
6 098
5 ^00
2, 917
2,722
2,699
2, 389
2, 950
2, 312
2, 303
1, 853
United States
thous. of fine oz__
1, 7S6
2, 099
2,087
1, 976
3,411
Stocks, refinery, end of month:
1,146
1, 369
2, 372
7,174
11,865
4, 419
7,907
7,865
1,853
5, 465
United States.
thous. of fine oz__
5.068
916
1,614
2,743
3, 452
2,402
2,423
2,513
2,449
2, 593
3, 106
2,630
2, 257
2, 739
2,955
Canada
_. thous. of fine oz _
3 144
NET CORPORATION PROFITS
(Quarterly)
v 364 1
Profits, total t
mills, of dol
P58.9
TO 145 3
* 87. 4
Industrial and mercantile, total mills, of dol.
rf
p 3.0
Autos, parts and accessories mills, of dol
46 2
20 ?
P17.9
24 0
Foods
mills, of dol
24 8
^8.4
6.4
8.4
Metals and mining
mills, of dol _
2.4
Machinery
mills, of dol..
3.8
5.4
95
J>8. 6
Oil
mills, of dol
58
d
10. 5
<* 16 4
Steel and railroad equip
mills, of dol
P 14 8
P35. 1
Miscellaneous
mills, of dol .
39. 9
39.9
P52. 1
v 55.1
46. 6
Public utilities!
mills, of dol _
Railroads, class I (net railway operating
113.6
119.3
income)
mills, of dol__
115,9
Telephones (net op. income) -__mills. of dol—
x-50.1
d
A Or exports (—).
° Revised.
Deficit.
* Preliminary
ft
Quotation based on paper peso Dec. 10, 1933, instead of gold peso as formerly. Former equivalent to 44 percent of latter. See note on p. 56 of the March 1934 issue.
* New series superseding old series which covered the physical movement only. For earlier data see p. 20 of December 1932 issue, net gold imports.
t Revised series. For earlier data see pp. 18 and 20 of the July 1933 issue, insurance written and admitted assets; p. 18 of the June 1933 issue, premium collections, and
p. 19 of the July 1934 issue, corporation profits.
• Data* are compiled by the American Bureau of Metal Statistics and represent the estimated world output. The series previously presented in the SURVEY covered
the principal producing countries which produced the following percentages of the world total: 1928, 87.9; 1929, 87.1; 1930, 85.5; 1931, 82.0; 1932, 75.5; and 1933, 77.5.
# Par values of foreign currencies as given on pp. 86 and 87 of 1932 annual supplement were changed with the reduction in gold contentof the United States dollar.
June 1935
SURVEY OF CURRENT BUSINESS
Monthly statistics through December 1931, j *•935
together with explanatory footnotes and refer- '
ences to the sources of the data, may be found i »^pril
in the 1932 Annual Supplement to the Survey
33
1935
1934
April
May
June ! July ' August
^m1 October November
De c
b ™'
Se
January
r
*™ ! March
FINANCE—Continued
PUBLIC FINANCE (FEDERAL)
26. 155
27, 053
Debt, gross, end of month
..mills, of dol— 28, 668
26, 118
Expenditures, total (incl. emergency) J
thous. of dol — 815, 151 "2,983,939! 563,226 749,347
Receipts, total 1
thous. of dol_. 267, 822 1W.278 ! 246,801 411,337
21,04! . 20,837
23, 792
Customs
thous. of doL. 31,453
Internal revenue, total
--thous. of dol_. 194,083 153,364 | 194, 294 302, 243
Incorne tax
thous. of doL. 24, 385
23, 776 186, 161
21. 075
Peconstruction Finance Corporation loans outstanding, end of month:* §f
Grand total
thous. of doL. 2,626,829 2.701,206 2,734,607 2,883,600
Total section 5 as amended__thous. of dol.. 1,182,404 1,465,359 1,438,924 1,436,387
Bnnk and trust companies, including receivers
thous of dol
522, 471 620, 470 606, 072 598, 909
44, 486
40.443
Building and loan assoc... thous. of doL. 11 i 303 49, 970
34,748
38, 249
Insurance companies
thous. of doL. 23.184
35, 397
Mortgage loan companies. thous. of dol_. 149, 12S 187.475 190, 870 192,151
Railroads, incl. receivers. . thous. of dol— 386, 617 344, 932 344, 695 353,382
All other under section 5... thous. of dol.. 91, 701 224, 269 217,409 216,559
Total emergency relief and construction act
as amended
thous of dol
502, 843 561, 147 571,631 612. 189
82, 667
93,010
Self-liquidating projects. -.thous. of dol— 134, 509
88, 446
Financing of exports of agricultural sur12,314
12,749
13,947
pluses ._
thous. of dol
14, 963
Financing of agricultural commodities,
and livestock
thous. of dol— 55, 661 167, 268 171,875 | 206,672
A mounts made available for relief and
work relief
thous. of dol— 297,711 298, 897 298, 560 298, 559
Total bank conservation act as amended
thous. of dol. . 888, 041 656, 178 704, 017 814,708
Other loans
thous. of dol— 53, 540
19, 519
20,031
20,511
CAPITAL ISSUES
Total, all issues (Commercial and Financial
Chronicle)
thous. of doL 503, 148 «238, 913 141,872 305.522
Domestic, total
thous. of dol.. 503, 148 «237,7!3 141, 872 305.522
1, 200
Foreign, total
_
__thous. of dol —
0
0
()
87, 524
31.781
33, 167
Corporate, total
thous. of dol.. 155, 878
5,195
420
Industrial
thous of dol
21 200
6 199
0
0
0
Investment trusts
thous. of dol —
0
0
0
0
Land, buildings, etc
thous. of dol—
568
0
0
0
Long-term issues
thous. of dol_.
568
0
0
0
Apartments and hotels.. thous. of doL.
0
0
0
0
Office and commercial.-.thous. of doL.i
0
5, 583
4, 000
8,000
Public utilities
thous. of doL . 84, 339
76, 746
19, 747
17, 582
Railroads
thous of dol
27, 400
0
0
9, 000
Miscellaneous
thous. of dol. . 22' 372
32, 500 158,900
Farm loan and Gov't. agencies. thous. of dol— 195, 500 a 45, 000
77, 591 113,455
Municipal, States, etc
thous. of doL. 151,770 r.:6, 389
Purpose of issue:
New capital, total
-thous. of dol — 8P, 850 "145.915 102,733 122,500
Domestic, total.
.thous. of dol — 89, 850 "145,915 102, 733 j 22, 506
28, 241
28, 823
9, 420
Corporate
thous, of dol
21,988
Farm loan and gov't.
15,000
12,500
11,500
agencies
...thous. of dol..
3, 500
61,410 101, 586
Municipal, State, etc
thous. of dol— 64, 362 '102,675
0
Foreign
thous. of doL.
0
0
0
39, 139 183, 016
Refunding, total
thous. of doL. 413, 299 «92, 998
59,
283
23,
747
2.
958
Corporate
thous. of dol — 113, 891
Type of security, all issues:
Bonds and notes, total
-thous. of dol.. 498, 454 "234, 218 1 38,631 296, 102
87, 524
23, 747
28, 540
Corporate
thous. of doL. 155, 879
4, 695
3, 241
9, 420
Stocks
thous. of do!..
4,695
State and municipals (Bond Buyer):
111,710
Permanent (long term).
thous. of doL.
81,809 179, 740
18,950
Temporary (short term)
thous. of dol
40, 446
62, 649
SECURITY MARKETS
Prices:
Bonds
All listed bonds (2V. F. S. E.)
dollars..
90. 80
90. 46
90.17
90.69
92.54
92,32
Domestic issues
_ .
dollars
92. 95
93. 16
Foreign issues
dollars..
80.
79
80. 15
81.
57
79.50
Domestic (Dow-Jones) (40)
83.42
83. 89
82.93
percent of par 4% bond... ! 78. 37
76. 57
76. 72
76.07
Industrials (10)— percent of par 4% bond..
80. 47
Public utilities (10)
88.34
87.37
91.26
percent of par 4% bond., i 89. 07
Rails, high grade (10)
\
103. 47
101. 57
percent of par 4% bond. J 112. 58 100. 50
Rails, second grade (10)
i
73,94
71.84
71.45
percent of par 4% bond..
54. 04
97.6
Domestic! (Standard Statistics) (60). dollars. .1 100.0
97.0
99.0
104. 66
U. S. Government (Stand. Stat.)* ..dollars
107.30
105. 34
105. 90
66.54
66. 04
Foreign (N. Y. Trust) (40). ..percent of par...
66. 07
67. 78
Sales on New York Stock Exchange:
Total
-_
thous of dol par value
265 990 356, 859 283, 899 260, 507
64, 643
Liberty-Treas
thous. of dol. par value" 6o| 483 55,486
65, 488
Value, issues listed on N. Y. S. E.:
Par, all issues
mills, of dol.. ; 44, 267
43, 554
42, 406
41, 765
Domestic issues
mills of dol
36 856
34. 504
35, 663
33, 851
7,902
Foreign issues.
mills, of dol. . 7^411
7, 915
7,890
Market value, all issues.
mills, of dol .. ! 40, 147
39, 547
37, 781
38, 239
Domestic issues
mills, of doL
34, 256
31, 325
31, 855
33, 223
Foreign issues
mills, of dol. _
5. 891
6. 384
6.324
6. 456
27, 080
27, 190
47,8,859 , 523, 078
232,712 297, 256
19,331
22, 952
195, 592 229, 548
22, 924
' 21, 709
462, 034
515, 383
36,174
379,738
171,177
27, 189
28,479
28,476
771,530 656,589 663.725
302,287 ; 292,219 ! 439,088
30.509 i 28,376 ! 32,428
209,697 189,119 i 333,785
22, 528 163, 057
19. 1R9
481,343
233, 486
26, 351
194, 366
22, 321
27,188 i 27,299
28,526 !
28,817
528,998 ! 576,224
239, 248
645, 605
24, 960
32, 303
181,621
557,304
33,310
321,908
j
2,714,040 2,691,917 2.680,898 2,654,955 2,671,378 2.690,032 2,662,732 2,658.503 '2.628,667
1,336,592 1,297,412 1.289,672 1,283,439 | 1,295,928 1,309,206 1,264,450 1,233,104 :1, 196,541
1
582, 200
36,893
32,619
184,790
354,447
145,643
594, 905
31,494
31,678
162,081
343, 189
134, 064
591, 972
28, 252
30, 722
160, 707
343, 287
134, 672
583. 452
25, 205
29, 982
159.327
353, 170
132, 303
599,397 i 632,209
23.259 ' 20,082
29,420
24,829
155,874 160,591
361,506 376,555
126,471
94,940
595, 717
15, 640
24, 023
156, 292
379, 087
93, 691
568 814 ! 538,431
13,567 i 12,281
22,664
22,035
155,367
151,796
379,713
380,199
92, 977
91, 799
571,964
96,062
533, 864
107, 287
505, 902
111, 184
474, 255
112,291
466,125 , 473,312
117,027 i 122,743
478, 617
125, 408
481 344
490,455
127',839 1 132,908
,
I
15,176
15, 164
14, 953
36, 620 | 40, 315
40, 624
44, 883
15,185
14,985
14, 954
15, 271
162, 175
113,068
81, 538
48, 687
36, 332
15,176
298, 542
298, 524
298, 227
298, 006
297, 774
297, 774
297, 718
297,718
297,711
I 781,436
24,018
803, 280
57, 362
827, 660
57, 664
837, 929
59, 391
849,819
59, 506
865, 083
42, 431
874, 221
45, 443
897, 046
47,011
890, 346
51,325
j 373,362
| 373,362
0
145. 779
1, 569
310
400
400
0
0
43, 500
100, 000
0
135,000
! 92,583
258, 810
208, 810
60,000
18,019
10, 500
0
0
0
0
0
6, 315
1, 204
0
164,111
26, 680
69,246 ! 157,574
69,246 i 157,574
0
0
31, 390
17, 187
9,390
1,300
0
0
0
0
0
0
0
0
0
0
13, 187
20. 000
1, 200
2, 000
1, 500
0
13. 00(1
83, 000
39, 059
43, 184
141, 668 186, 127 140, 852
131, 668 186, 127 140, 852
0
0
10, 000
47, 259
7, 726
29, 800
4,038
4.319
600
18, 500
0
0
0
0
0
0
0
0
0
0
0
0
0
0
1, 360 ! 2, 963
28, 000
1,200
23,072
0
0
290 i
444
10,000 i 18,300
36,200
96, 926
91,868 120, 568
95,818
95, 818
12, 500
53, 527
288, 495
288, 495
0
120, 165
44, 750
0
0
0
0
0
58, 470
16 945
0
20, 000
148,330
216.645
216,645
20, 279
179,548
179.548
8, 019
43.375 121,903
43.375 121,903
7,187 1
390
107, 036
107, 036
8, 227
140,941
140,941
34, 861
92,097
92, 097
5. 267
50, 01 1
50,011
6, 500
108. 079
108,079
7, 945
105, 000
91, 366
0
156,717
125, 500
153,111
18, 418
0
79, 262
10, 000
0
36, 188
0
25, 872
10, 000
83, 000
38, 513
0
35, 671
31, 000
10, 000
88, 809
0
34, 632
21, 573
0
106,080
0
45, 185
12, 398
6,000
80, 830
0
48, 755
2,459
0
43, 511
0
45, 807
23, 291
0
100, 134
0
180,416
112,220
371, 783
125, 500
1.579
258, 810
18, 019
0
64, 197
17, 187
2, 300
157, 184
31, 390
390
141, 668
29, 800
0
184, 800
47, 259
1,327
138, 848
5,722
2,004
95. 818
29, 791
0
288, 495
120, 165
0
122, 575
60, 418
48, 635
19, 652
39, 667
98,583
69, 748
14,079
89,879
23, 160
114, 183
42, 023
«87, 707
119,686
°63, 781
50, 946
146,419
64, 496
89.79
92.00
79.59
88.99
91. 13
78.97
88.27 1
90.05
79.89
89.39
91.23
80.61
89.85
91.68
80.97
90.73
92. 57
81.58
91.30
93. 35
81.06
91.29
93 35
80.94
89. 49
91.79
77.80
84. 12
77.55
81.66
76.83
78.97
74.31
81.25
75.40
82.05
77. 13
83.91 i
80.06
86.02
83.07
83.16
83. 75
79.00
81. 20
96.18 |
i
o
29, 791
7 791
0
0
0
0
0
1 1 , 000
8 000
3] ooo
92. 59
93.48
90.33
92.76
95.39
98.45
89.26
89.91
104. 68
102. 19
99.70
103. 25
104. 68
107.47 i 110.25
112. 52
111.42
69.92
99.3
106. 47
65.10
64.59
97.8
105. 42
64.39
62.13
98.7
103. 47
65.60
64.52
98.4
104. 69
65.94
63.49
98.8
104. 85
67.17
64.61 ! 65.64
100. 0
101. 3
105. 53
106. 50
66.83
70.10
62. 22
101.3
107. 11
68.96
54. 88
99.9
107. 18
65.07
263, 750
69, 290
317, 140
151, 220
285, 009
128,605
278, 238
98, 503
250, 094
56, 359
272, 809 330, 546
52, 667 i 94, 716
220 256
48,' 239
310, 655
11 3', 211
43, 964
36,113
7,851
39, 473
33, 225
6. 249
44, 337
36, 515
7,822
39, 454
33, 277
6,177
43, 903
36, 185
7,717
38, 751
32,586
6.165
44, 083
36, 461
7,622
39, 406
33, 262
6. 144
44,816 : 44,979
37, 307
37, 478
7, 508
7, 501
40, 660
41. 084
34,535 ! 34J984
6. 125 ! 6. 080
45, 033
37 564
7,' 469
41,112
35, 067
45, 101
37 676
7, 425
40,361
34, 584
5. 776
44, 144
36, 612
7,533
39, 665
33,566
6. 099 '
6 045
« Revised; Has included since July 1934 other than Farm loan issues for which Treasury has acted as fiscal agent.
* New series. For earlier data see p. 20 of the August 1933 issue, .He-construction Finance Corporation excepting the item "other loanV which appears first in December
1934 issue and p. 20 of the June 1933 issue, U. S. Government bond prices.
f Reconstruction Finance Corporation data have been revised for the year ended June 1934. Revised figures for period October 1933-June 1934 was shown on p. 33 of the
Dec. 1934 issue shown; July-September 1933 revised figures have, not been published. Figures subsequent to June 1934 are preliminary. Revised series for July 1931-February
1933 appeared on pp. 19 and 33 of the April 1933 issue (domestic bond prices).
§ This excludes relief grants to States by the R. F. O. under the Emergency Relief Act of 1933 upon certification of grants by the Federal Emergency Relief Administrator. During 1934 these amounted to $499.650,000 on Jan. 31, Feb. 28, Mar. 31, and Apr. 30, $500,000,000 disbursed for relief purposes under Emergency Appropriation Act
of 1935, and $10,000,000 purchase of stock in R. F. C. Mortgage Co. and $12,500,000 for preferred stock subscription in export-import banks.
^ For 1934 includes $2,808,221,138 for February, $2,233,252 for March, $3,409,051 for April, $298.868 for May, $213.447 for June, $272,163 for July, $268,204 for August,
$134,843 for September, $173,702 for October, $116,585 for November. $132,296 for December. For 1935 includes $123,639 for January, $68,241 for February, $157,316 for
March
and $157,326 for April representing the increment resulting from reduction in weight of gold dollar.
0
The figure for expenditures includes $2,000,000.000 exchange stabilization chargeable against increment in gold.
$ Series revised to include emergency expenditures. Figures as shown in Survey for months prior to May 1932 are comparable with this series. Comparable figures
http://fraser.stlouisfed.org/
for the period May 1932 to March 1933 are on p. 33 of the monthly issues, from June 1934 to November 1934. Later data are shown in monthly numbers.
Federal Reserve Bank of St. Louis
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
June 1935
1934
1935
April
April
May
June
July
1935
Decem- January FebruAugust SeptemOctober November
ber
ber
ary
March
FINANCE—Continued
SECURITY MARKETS— Continued
Bonds— Continued
Yields:
Domestic! (Standard Statistics) (60) .percent..
Industrials (15)
percent..
Municipals (15)f
percent..
Public utilities (15)
percent..
Railroads (15)__.
percent..
Domestic, municipals (Bond Buyer) (20)
percent.Domestic, U. S. Government:
U. S. Treasury bills:
91-day bills**
percent..
182-day bills**
percent..
U. S. Treasury bonds*
percent..
4.34
4.77
3.25
4.41
5.18
4.61
5.28
4.11
4.58
4.46
4.56
5.29
3.93
4.57
4.47
4.47
5.19
3.73
4.51
4.45
4.45
5.10
3.75
4.47
4.47
4.55
5.12
3.81
4.57
4.68
4.63
5.22
3.84
4.64
4.82
4.51
5.09
3.69
4.56
4.68
4.48
4.99
3.57
4.53
4.82
4.40
4.88
3.52
4.47
4.70
4.32
4.75
3.45
4.44
4.63
4.32
4.75
3.39
4.41
4.72
4.4]
4. 7C,
3.27
4.44
5.15
3.39
4.27
4.17
4.01
4.05
4.15
4.21
3.94
3.89
3.81
3.61
3.55
3.37
2.64
.08
.18
3.12
.06
.14
3.01
.07
2.94
.08
2.85
.20
2.99
.27
3.20
.21
3.08
.22
3.05
. 15
2.97
.14
2.83
.12
2.73
.10
2.69
162, 704
158, 368
140, 477
135, 419
Cash Dividend and Interest Payments
and Rates
Dividend payments (N. Y. Times)
thous. of do!.. 130, 960 162, 170 264, 155 217, 544 113, 295 245, 625
Industrial and miscellaneous.-thous. of dol__ 124, 225 155, 651 246, 149 182, 794 107, 860 230, 336
6,519
18, 006
34, 750
5,435 15, 289
Railroad
thous. of doL.
6,735
Dividend payments and rates (Moody's):
Dividend payments, annual payments at
current rate (600 companies) ..mills, of doL. 1, 184. 4 1, 073. 4 1, 094. 5 1, 105. 1 1,113.4 1, 128. 9
Number of shares, adjusted
millions-- 918 42 929. 04 929. 04 929. 04 918. 05 918. 08
Dividend rate per share, weighted average
1.21
1.23
1.19
1.16
1.18
(600)
dollars..
1 29
3.58
3.60
3.77
3.58
3.77
Banks (21)
dollars..
3.28
.91
.95
.98
.94
.96
Industrial (492)
. _ . _ _ -dollars
1 10
1.70
1.70
1.70
1.71
1.71
Insurance (21)—dollars..
1.91
1.98
1.98
1.98
1.97
1.97
Public utilities (30)
dollars..
1.86
1.20
.98
1.09
1.20
.98
Railroads (36)
-.
dollars
1 24
Stocks
Prices:
Dow-Jones:
Industrials (30)
dol. per share
106 0
Public utilities (20)
dol. per share
17 9
Railroads (20)
-dol. per share..
30 1
New York Times (50)
dol. per share..
85. 68
Industrials (25)
dol. per share
147 56
Railroads (25)
dol. per share-23.81
Standard Statistics (421)
1926=100
67 5
Industrials (351)-.
1926=100..
78.9
Public utilities (37)
1926=100
59 1
29 4
Railroads (33)
1926=100
Standard Statistics:
47.4
Banks, N. Y. (20)
1926=100..
Fire insurance (20)
- - .1926=100
75 2
Sales N Y S E
.. thous. of shares
22 408
Values, and shares listed, N. Y. S. E.:
Market value all listed shares.. mills, of doL. 33, 548
1 302
Number of shares listed
millions
Yields:
Common, Standard Statistics (90) ..percent..
4.35
3.96
Industrials (50)
..percent..
6.70
Public utilities (20),.
percent-4.50
Railroads (20)
percent..
Preferred, Standard Statistics:
5.30
Industrials, high grade (20)
percent--
104.3
26.0
49.5
92.36
144. 84
95 3
23. 1
43.6
82.66
79.6
88.3
76.3
49.3
131. 17
34.15
71.8
79.6
69 8
43 3
60.4
66.9
29, 847
96.7
23.8
44.3
85.71
135. 70
94.5
22.2
40.7
83.00
343,031 231, 750
5,058
319, 129
23, 902
209, 080
22, 670
181, 107
152, 303
28, 804
212, 606
196, 048
16, 558
202, 988
199, 945
1, 131. 1
918. 08
1, 137. 1
918. 08
1, 163. 9
918. 08
1, 168. 7
918. 08
1, 177. 5
918, 08
1, 184. 4
918 08
1, 181. 6
918 42
1.23
3.77
.98
1.71
1.98
1.20
1.24
3.77
.99
1.71
1.98
1.20
1.27
3.77
1.03
1.71
1.98
1.21
1 27
3.73
1 06
1.78
1.90
1.21
1.28
3.68
1 07
1.91
1.87
1.24
1 29
3.68
1 08
1.91
1.87
1.24
1.29
3.28
1 09
1.91
1.86
1. 24
90.5
19.8
35.1
99 3
18.8
35.8
85.14
141. 62
101 6
18 0
36.5
103 0
16 5
32.4
99 8
15 6
28.5
28.67
85.07
141.46
28.68
103 1
17 5
35.5
4,336
91.6
20.5
35.4
79.16
130. 46
129. 95
67.8
76.7
64.6
35.6
67.0
75.7
63.7
35.1
93 5
19.8
35.7
81.71
135. 32
28.11
67.3
76.4
62.9
35.6
78.76
85.82
84.64
3,042
80.74
144. 21
144 23
69.7
81.4
57 4
34.6
67.8
80.0
54 5
31.8
139. 48
22.01
63.9
75.4
53.2
27.8
73.5
81.4
71.9
44.1
133. 87
32.12
71.4
79.7
69 2
41.2
58.6
65 2
25, 343
58.7
66.7
16, 802
57.8
66 8
21, 116
53.4
65. 1
16, 693
48.1
65.0
12, 636
48.7
67.3
15, 660
51.6
72 4
20, 868
49.1
73.2
23, 588
51.5
73 7
19, 410
53.4
74 2
14, 404
47.5
72.3
15, 948
36, 432
1,295
33, 817
1,294
34, 440
1,295
30, 752
1,294
32, 618
1,310
32, 320
1,313
31,613
33, 888
1,305
33, 934
1,305
32, 991
1,305
31,180
30, 936
1,305
1 303
J.304
3.25
2.90
5.58
2.24
3.58
3.25
5.83
2.54
3.55
3.29
5.44
2.49
3.67
3.38
5.73
2.69
4.00
3.60
6.30
3.71
4.21
3.83
6.53
3.76
4.22
3.83
6.71
3.70
4.14
3.70
7.14
3.72
4.25
3.76
7.84
3.68
4.24
3.74
8.02
3.79
4.24
3.74
8.07
4.13
4.51
4.01
8.12
4.70
5.82
5.78
5.73
5.67
5.71
5.79
5.79
5.64
5.48
5.42
5.38
5.33
39.88
35.73
27.86
27.56
69.4
80.1
60 7
35 3
69.2
80.3
58.2
35.8
27.43
25.06
Stockholders (Common Stock)
American Tel & Tel Co , total
number
Foreign
- __ number _
Pennsylvania Railroad Co , total
number
Foreign
number. .
U S Steel Corporation, total
number
Foreign
number
Shares held by brokers . percent of total
675, 426
675, 410
674, 739
675, 755
233 826
3,165
190 745
3 785
19.73
233, 707
3,151
192, 214
232, 998
3,156
191, 446
232, 634
3,152
191, 224
19.03
19.44
19.34
7,743
7,686
7,826
3,802
7,877
4,062
4,083
FOREIGN TRADE
INDEXES
Value:
Exports, unadjusted
1923-25= 100. _
Exports, adjusted for seasonal_1923-25=100._
Imports, unadjusted
1923-25= 100. .
Imports, adjusted for seasonal_1923-25=100Quantity, exports:
Total agricultural products
1910-14=100..
Total, excluding cotton
1910-14=100..
43
46
53
49
47
50
45
42
42
45
48
47
45
50
42
44
43
48
39
43
45
49
37
39
50
48
41
43
54
45
40
39
51
45
47
47
45
43
41
41
46
45
52
51
43
47
47
48
49
48
55
49
41
30
60
63
50
60
59
48
46
46
46
54
65
61
82
70
73
58
62
46
57
43
50
39
45
41
VALUES
Exports, Incl. reexports
thous. of dol.. 164, 350 179, 444 160, 207 170, 574 181, 787 171, 965 191, 660 206, 352 194,901 170, 676 176, 223 163, 006 185,001
By grand divisions and countries:
5,757
7,290
6,663
5,376
7,149
7,064
8,502
6,659
7,996
8,135
8,006
5, 708
Africa
_.
thous. of dol._
5,637
38, 593
37, 490
27, 538 38, 393 35, 935 38, 132 40, 119 46, 883 41, 837 44, 294 39, 969 37, 403
34, 100
Asia and Oceania
thous. of dol
19, 901 15, 974
14, 744
14, 824
11, 507 16,310 12,812 13, 857 19, 977 26, 994 22, 846 23, 309
Japan
thous. of dol.. 13, 719
76, 013
Europe
-- -thous. of doL. 63, 388 80, 150 66, 692 67, 618 61,814 68,728 86, 912 95, 100 88, 541 69, 346 78, 550 66, 482
9,935
6,476 10, 334 10, 512
7,544
7,326
7,334
8,140
9,131
6,379
10, 674
7,263
France
thous. of dol.. 8,614
4,646
6,275
6,075
6,803
7,443
5,063
6,113
8,230
4,735
10, 824
7,703
4,819
6,847
Qermany
thous. of doL.
* New series. For earlier data see p. 20 of the August 1934 issue, yield on United States domestic long term bonds (all issues except those due or callable within 8 years).
See special note below on yield on U. S. Treasury bills.
f Revised series. For earlier data see pp. 19 and 33, of the April 1933 issue, yield on domestic and municipal bonds.
§ Data revised for 1932. See p. 34 of the March 1933 issue. Other revisions for the year 1932 were shown on p. 34 of the April, May, December 1933, and January 1934
jes. For revised data for months of 1933 see p. 20 of the September 1934 issue.
• Monthly data on yields from 91-day bills for period December 1929 to May 1934 are shown on p. 20 of January 1935 issue. Data on yields from 182-day bills not available prior to February 1934,
35
SUKVEY OF CURRENT BUSINESS
June 1935
Monthly statistics through December 1931,
together with explanatory footnotes and references to the sources of the data, may be found
in the 1932 Annual Supplement to the Survey
1934
1935
April
April
May
1935
«^- January
February
6, 233
37, 968
23, 151
22, 815
15, 674
5,035
13, 503
3,504
3,551
1,110
6,870
25, 766
23, 664
23, 317
14, 353
4,370
13, 955
3,765
3,534
1,316
6,947
29, 444
26, 532
26, 005
18, 706
5,963
17,021
4,623
4, 125
1,316
167,957 159,242 169, 832 189, 237 203, 622 192,321 168, 467 173, 560
47, 003 37, 199 39, 662 66, 437 82, 879 71,744 54, 520 55, 814
32.2
20.3
43.4
35.0
28.9
17.8
39.2
32.2
16, 253
14, 923 17, 058 22, 071 20, 059 21,873 18, 458 15, 669
4,086
3,621
3,023
3,685
5,287
5, 342
4,589
4,060
11, 900 13, 373
16, 784 15, 999
16, 531
13, 869 12, 048 12, 167
5.3
2.9
9.0
5.4
4.0
5.4
7.7
7.1
5.7
4. 9
5.7
5.8
5. 6
5. 4
1.2
1.6
1.4
3.0
1.1
1.7
2.0
1.7
27, 923 28, 834 29, 408 29, 729 28, 818 30, 412 30, 309 27, 196
78, 108 76, 152 78, 690 73, 012 70, 053 71, 707 67, 970 74, 297
17.2
18.4
12.4
12.4
20.0
15.3
11.0
14. 0
4.3
4.2
4.0
3.5
4.1
3.4
4.1
3.8
18.2
18.6
18.9
20.2
18.7
19.1
20.6
18.8
136,, 082 127,342 119,515 131,659 129, 629 150,919 132, 252 167, 006
135,, 048 124, 123 117, 288 149, 755 137, 859 149, 412 126, 231 168, 623
160, 312
44, 995
27.1
16, 270
3, 897
12, 373
6.2
181, 969
40, 450
21.8
16, 215
3, 681
12, 534
5.4
1.2
25, 483
73, 565
20.5
2.8
18.8
152,537
152,288
1.4
30, 827
94, 477
25.0
5.0
23. 7
177, 279
175, 408
June
Novemi August SeptemOctober
ber
ber
\
July
D
March
FOREIGN TRADE—Continued
VALUE— Continued
Exports, incl. reexports— Continued.
By grand divisions and countries— Contd.
Europe— Continued.
Italy
thous. of dolUnited Kingdom.
thous. of dol—
North America, northern
thous. of dol_.
Canada - .
. thous. of dolNorth America, southern
thous. of dol_.
Mexico
thous. of dol—
South America
thous of dol
Argentina
-thous. of dol—
Brazil
__
thous. of dolChile
_
thous. of dolBy economic classes:
Exports, domestic..
thous. of dol—
Crude materials
thous. of dol—
Raw cotton—
mills, of doL.
Foodstuffs, total
thous. of dol—
Foodstuffs, crude
thous. of dol—
Foodstuffs, mfgd
thous. of dol—
Fruits and prep
mills, of dol—
Meats and fats
mills, of dol—
Wheat and
flour
mills, of dol—
Manufactures, semithous. of dol—
Manufactures, finished — thous. of dol—
Autos and parts
mills of dol
Gasoline.
..mills, of doL.
Machinery
mills, of dol—
Imports, total c?thous. of dol—
Imports for consumption*
thous. of dol—
By grand divisions and countries:?? J*
Africa
—thous. of dol—
Asia and Oceania
thous. of dol. _
Japan..
thous. of dol—
Europe
thous. of dol—
France
thous. of dol—
Germany
thous. of dol—
Italy
thous. of dol—
United Kingdom
thous. of dol—
North America, northern
thous. of dol—
Canada
thous. of dol—
North America, southern
thous. of dol—
Mexico
thous. of dol—
South America.
thous. of dol—
Argentina
thous. of dol
Brazil
thous. of dol—
Chile
thous of dol
By economic classes :#cf
Crude materials
thous. of dol—
Foodstuffs, crude
. thous. of dol—
Foodstuffs, manufactured. ..thous. of doL.
Manufactures, semithous. of dol.
Manufactures,
finished
thous. of do!..
4,156
20 550
28, 957
28 582
15, 747
5,370
14 150
3,864
4 024
1,088
4,596
28, 840
26, 650
26, 254
15, 989
4,668
13 449
3,619
3,169
1,020
4,853
25, 922
32, 415
31, 989
14, 927
4, 753
12 998
3,368
2,989
883
160, 709
38 222
21.8
12, 875
3,201
9,674
4.0
3.2
1.2
26, 205
83, 406
22 0
3.1
22.8
170, 567
166, 152
176, 499
45, 878
24.5
17,821
5,348
12, 473
4.4
5.1
3.7
29, 361
83, 440
21 5
5.8
19.2
146, 517
141, 137
157, 171
37, 975
17.6
16,816
3,994
12, 822
3.3
6.8
1.9
26, 189
76, 191
20 6
3.8
17.0
154, 647
146, 866
3,771
50, 256
11, 276
46, 418
5,875
6,451
3, 560
11,513
22, 677
22, 357
20, 152
3,420
22, 879
4,853
7,549
3 388
3,700
51, 746
10, 186
37, 545
3,898
5,738
2,912
9,008
16, 506
16, 271
9,720
3,110
21,921
3,076
7,127
3,784
2,605
55, 877
10, 121
39, 412
4.320
5,469
2, 988
10, 302
19, 242
18, 735
10, 912
3,000
18, 818
2 981
5,496
2 288
2, 806
49, 146
9,279
35, 823
4,189
5,168
2, 474
7,881
18, 468
17, 856
13, 039
3,466
16, 800
1,683
5,635
1,325
2,335
38, 335
8,599
37, 899
3,534
5, 354
2,651
9,703
19, 360
18, 697
9,285
2,441
16, 908
2,010
6,583
1,448
2,260
34, 368
8,805
35, 788
4,198
5,515
2,771
7,649
19, 260
18, 759
10, 651
2,962
14, 961
1,159
6,671
1,038
1,960
37, 290
11,913
41,980
4,358
5,854
3,130
10, 433
21, 078
20, 648
29, 016
2,509
18, 432
2,006
8,648
972
2,620
36, 839
10, 242
40, 566
4, 560
5,719
3,402
8, 215
22, 497
21, 661
15, 314
2, 165
20, 023
2,222
10, 219
1,940
2,488
42, 709
11,818
47, 862
6, 165
5, 675
4,113
10, 377
21, 974
21, 602
13, 280
2,279
21, 100
2,302
9, 508
1,912
1,961
26, 535
7,032
37, 023
5, 167
5,056
2, 905
7,743
24, 432
23, 685
19,441
3,484
16, 839
3,706
6,305
1,685
3,016
60, 515
10, 196
46, 614
4,644
7, 024
2, 764
10, 970
19, 555
19, 248
18, 864
4,023
20, 059
2, 980
8,181
1, 909
4,746
50, 922
12, 251
40, 006
4, 054
5, 918
2, 674
11,065
18,342
18, 194
14, 242
3, 869
23, 429
4, 419
9, 194
2,324
5, 921
54, 221
12, 428
46, 498
4, 643
0, 340
2, 866
11,621
21,311
20, 880
20, 968
4, 449
26, 508
6, 675
8, 610
2, 904
45, 900
27, 514
28, 588
30, 729
33, 422
41,009
21,916
23, 676
26, 118
28, 418
42, 812
18, 406
27, 913
26, 889
30, 846
42, 578
17, 233
21, 977
26, 849
26, 361
39, 086
17, 239
11,860
27, 464
28, 474
34, 237
17, 748
13, 100
22, 973
29, 230
38, 612
23, 023
34,319
24, 249
29, 552
35, 090
22, 726
24, 068
26, 103
29, 872
40, 117
23, 440
24, 326
27, 447
34, 082
28, 839
18, 597
29, 190
21, 018
28, 587
43, 133
27, 693
38, 118
29, 550
30, 129
45, 209
30,118
21, 609
29, 029
50, 378
33, 605
25, 662
35, 237
30, 526
7 204
138
4,276
24, 862
28,515
27, 987
15, 064
4,666
13, 919
3,504
3,343
1,048
4,275
24, 380
27, 281
26, 761
14, 656
4,762
13, 597
3,692
3,216
814
TRANSPORTATION AND
TRANSPORTATION
Express Operations
Operating revenue
thous. of dol
Operating income
thous of dol
Electric Street Railways
Fares, average (320 cities)
...cents..
Passengers carried t
thousandsOperating revenues
thous. of dol—
Steam Railroads
Freight carloadings (F. R. B.):
Index, unadjusted.
1923-25=100
Coal...
1923-25=100Coke
1923-25=100Forest products
__
1923-25=100
Grain and products
1923-25—100
Livestock
__.
1923-25=100
Merchandise, 1. c. 1
._
1923-25=100
Ore.—
.1923-25=100..
Miscellaneous
. __ _.
1923-25=100
Index, adjusted
._._ 1923-25 =100Coal
1923-25=100
Coke
1923-25-100
Forest products
..1923-25= 100. _
Grain and products
1923-25=100
Livestock
1923-25=100..
Merchandise, 1. c. 1 .
1923-25=100
Ore
— 1923-25=100
Miscellaneous....
1923-25 =100. .
Total cars^ .. . _ _ _ .
thousands
Coal _
thousands
Coke
thousands
Forest products _ . __
thousands
Grain and products
thousands
Livestock
thousands
Merchandise, 1. c. 1
_
Ore
thousands
Miscellaneous.
thousands..
8,120
59
53
46
35
57
38
65
25
69
61
63
49
33
74
41
63
49
67
2,303
379
23
102
108
52
644
35
961
4,951
30, 694
27, 852
27, 257
14, 073
4,765
16, 522
4,437
3,965
1,329
6,226
47, 036
27, 420
26, 875
17, 418
5,910
13, 774
4,135
2,961
1,045
5,093
40, 119
25, 370
24, 850
15, 976
4,614
15, 318
3,712
3,979
1,181
8, 445
40, 536
26, 655
26, 038
15, 485
4,506
15, 092
3,780
4,359
1,645
4,821
28, 486
21, 879
21, 009
15, 842
4,407
13, 152
2, 946
3,225
1,271
COMMUNICATIONS
7,011
136
7 392
122
6,961
149
6,826
136
7 079
118
7,421
139
7 521
141
7 497
146
8 051
142
7,274
140
8.143
833, 230
8.143
751, 053
8.143
697, 676
8.143
640, 278
8.143
654, 485
8.143
654, 649
8.126
736, 686
8.126
702 067
8.126
754, 459
8.120
752, 500
63
61
58
35
61
49
67
59
70
63
69
58
33
75
52
65
39
68
2,442
427
27
101
112
65
660
83
967
64
58
56
34
78
46
65
87
71
64
66
56
33
90
54
65
48
68
3,078
502
34
123
174
77
789
166
1,214
63
55
38
30
95
70
64
83
65
61
63
43
30
79
84
65
46
62
2,346
373
18
83
171
89
613
125
875
63
57
35
31
84
95
65
73
64
59
58
39
29
70
107
65
43
59
2,420
383
17
89
160
124
638
116
892
67
68
45
31
76
103
67
63
69
59
63
45
30
63
87
64
39
58
3,142
581
26
110
174
171
797
122
1, 163
60
70
44
29
60
64
65
14
63
59
64
43
30
56
55
64
20
64
2 353
494
22
85
111
90
640
26
885
56
76
54
26
57
51
62
8
55
64
71
51
32
58
51
66
34
71
2,592
615
30
92
125
82
721
16
91?
58
82
69
28
54
44
61
7
58
64
73
62
31
56
42
65
31
72
2, 170
551
31
75
96
58
577
11
773
60
57
48
33
57
48
67
19
68
62
68
50
31
74
52
65
38
66
a
2, 340
» 406
23
97
106
65
664
29
"951
26, 322
64
69
46
31
65
83
66
42
70
57
60
45
30
58
62
63
30
60
2 531
484
22
90
122
114
653
69
978
° Revised,
8.120
61
81
70
36
57
37
63
8
62
65
75
62
35
59
39
65
34
73
2 326
'574
35
100
102
50
609
13
844
* New series. Earlier data on value of imports for consumption will be shown in a subsequent issue.
t Revised series. For earlier data see p. 19 of the August 1933 issue.
# Beginning with January 1934, import data represent imports for consumption and are not comparable with earlier figure: , which consist of general imports
nation on p. 9 of the March 1934 issue.
1 Data for June and September 1934, are for 5 weeks; other months 4 weeks,
jf Data revised for 1933. See p. 20 of the October 1934 issue.
8,120
62
77
52
34
57
34
65
10
67
65
82
52
33
67
39
64
40
70
3 015
683
33
126
135
58
804
18
1,157
See expla-
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
1934
1935
April
June 1935
April
May
I June
July
1935
Decem- January FebruAugust Septem- October November
ber
ary
March
TRANSPORTATION AND COMMUNICATIONS—Continued
TRANSPORTATION— Continued
|
Steam Railroads— Continued
Freight-car surplus, total
thousands..
Box
—thousands..
Coal
thousands. .
Equipment, mfrs. (See Trans. Equip.)
Financial operations (class I railways):
Operating revenuesf
thous. of dol._
Freiglitf
thous. of dol._
Passengerf
..thous. of doL.
Operating expenses!
thous. of dol._
Net railway operating incomet-thous. of dol..
Operating results (class I roads) :
Freight carried 1 mile..
mills of tons..
Receipts per ton-mile
..cents..
Passengers carried 1 mi e
millions ..
Waterway Traffic
Canals:
Cape Cod
thous. of short tons..
New York State..
thous. of short tons..
Panama. totaH
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..
Foreignf
thous. of net tons..
United States!
thous. of net tons..
Shipbuilding. (See Trans. Equip.)
|
!
310
175
88
355
213
93
338
200
94
348
201
111
359
265,391 282, 024
214,266 ! 228, 587
27, 045
26, 575
200, 187 210,011
32, 265
39, 495
282, 779
225, 709
31, 555
208, 313
41, 836
275, 984
221, 291
32, 187
208, 484
35, 221
25,212
.994
1,612
24, 257
1.011
1, 778
23, 472
1.015
1,377
°13
250
140
25, 260
1. 007
1 340
274
484
254
550 i
2,302
1,008 i
979
5 745 '
2,392
1 287
157
888
2,291
1,038
54
13
2, 534
328
207
85
381
224
109
392
111
342
207
84
390
94
78
r>7
282, 679
224, 837
32, 801
211,706
39, 677
275,511
220, 492
30, 607
203, 800
41,020
292, 903
238, 792
28, 572
212,573
48, 625
256, 967
208, 547
24, 846
197, 872
31, 583
257, 506
199, 356
32, 016
195, 351
38, 738
264, 213
211, 008
30, 448
212, 972
21, 349
254, 940
206, 024
27. 204
200, 103
25, 720
280. 8vw
228. 603
25, 402
.985
1.854
25 885
.943
1 695
26 497
.980
] 543
23 708
.961
1 279
23 105
.946
1 635
24 964
.942
1 491
24 140
.944
1 341
318
209
119
195
!
192
'$00
18'}
•
213! 278
37.85]
97
.Vifi
243
557
206
519
223
627
164
2,188
978
866
6, 990
2,403
1 273
264
559
204
1,934
770
977
7,522
2, 194
1 334
2 143
1, 045
924
6 145
2 303
1 171
272
726
254
1,767
835
901
7,901
2, 151
1, 236
2, 173
1,029
1 036
5 006
2 707
1 331
2,339
1,015
884
2 627
2 424
1 253
2,089
885
39
1 945
825
1 836
708
()
'2. 210
9RI
()
2 414
2 513
2 090
2 383
214
465
o
300
14°
o
o
o
o
o
o
o
o
o
0
191
174
248
280
282
261
222
213
181
147
113
125
1 r>5
v 154
1 142
90
1,404
106
1, 592
101
1,683
109
1,030
120
1,088
113
944
100
963
100
977
76
1 049
88
1 429
78
1 545
« 108
1,784
754
897
888
918
698
599
569
584
597
632
711
717
ssr,
5, 188
3 435
1 753
4, 860
3, 098
1 762
5, 739
3 492
2 247
5, 996
3, 818
2,177
6,023
3, 859
2 165
6, 541
4, 260
2 282
5, 855
3 666
2 188
5, 691
3 666
2 095
5,296
3 402
1 893
4. 327
2 819
1 508
4,288
2 818
1 471
4,170
2 735
1 435
4, 643
3, 109
1 531
150, 383
2,451
31 415
12 374
153,331
2 699
35 gqq
14 409
170, 275
3, 655
43 292
17,897
163, 342
4,118
48 172
18 153
198, 902
4, 189
54 835
21, 358
206, 327
3 660
44 728
18 875
221, 905
4 019
48 477
20 838
206, 327
3, 660
44 728
18 875
217, 852
3 365
33 563
15, 595
177, 553
3,231
28 922
13, 405
171,818
3, 349
34 998
16, 232
2.88
57
2.74
58
2.86
54
2.84
52
2.98
54
2. 91
57
2.96
61
3.03
58
2.92
54
2.85
64
2.95
62
2. S3
60
79
003
343
126
760
18, 213
18,984
3,033
2, 975
24, 279
24, 065
26, 642
3 515
2 777
12, 294
49 341
48, 696
4 004
3, 785
7,591
927
533
710
585
599
24 976
20, 825
2 630
3 586
5,059
15,091
18, 542
4 354
3,386
5,046
12, 388
13,942
3, 853
2, 559
4,959
14, 443
17, 016
2,424
2,943
5,658
15, 474
17, 628
2,226
1,948
5,139
20, 470
16,665
2,460
2, 401
8, 453
81,939
15 291
132,030
31 626
287, 721
78, 928
570, 295
145 887
531, 734
163 074
385, 147
54 624
74, 709
16 830
38, 729
7,375
37, 404
7,656
54, 720
9, 767
63, 257
9, 599
73,961
7, 545
1,212
3,488
1 122
3 334
1,303
3,978
1,280
3,710
1,403
3,928
1,354
3,892
1,265
3,790
1,131
3,310
1,371
3,794
1,398
4,231
1,204
3, 702
1.219
4, 004
64, 627
37 060
19 968
40 103
16 909
14, 016
78, 576
51 579
19 808
57 9525
13 63
13, 981
79, 290
51 558
20 644
57 347
14 150
13, 990
78, 076
51 836
19 211
55' 720
14 660
14, 058
81, 638
54 374
20 268
58 052
16 209
14, 093
79, 583
53 604
18, 989
57 050
15 119
14, 112
80, 411
53, 212
19, 927
58, 714
14, 980
14, 132
81, 475
54, 636
19, 793
57, 823
15, 377
14, 162
9,477
7,372
8, 154
8,750
6,718
7,961
9,324
7,226
8,024
8, 686
6,657
7,664
9,130
6,984
7,906
8,443
6,477
7,639
9,411
7,362
8,095
1,091
8, 754
6,768
7,808
8,212
6,340
7,372
9, 153
7,052
7,810
454
952
Travel
Airplane travel:
Express carried*..
pounds.. 231, 237
Miles flown* .thous. of miles. . 4 194
Passengers carried*
number.. 61 499
Passenger miles flown* thous. of miles. . 26 747
Hotel business:
Average sale per occupied room
dollars-.
2.91
f>9
Rooms occupied
.percent of total..
Foreign travel:
Arrivals U S citizens
- .. number. .
Departures, U. S. citizens
number..
Emigrants
number. .
Immigrants
number ..
Passports issued
number. . 12 674
National parks:
Visitors
number-- 90, 914
Automobiles
number. . 15 90S
Pullman Co.:
Passengers carried
thousands. .
Revenues, total
.
thous. of dol__
COMMUNICATIONS
Telephones (59 carriers) :*
Operating revenues .
-. thous. of dol..
Station revenues
thous of dol
Tolls message
thous. of dol
Operating expenses
thous of dol
Telephones in service, end of mo thousands Telegraphs and cables:
Operating revenues
thous. of dol
Commercial telegraph tolls. _thous. of dol—
Operating expenses
thous. of dol._
Operating income
.thous. of dol—
368
211
106
22 249
22, 349
2 730
2 432
10, 946
19
18
2
3
19
4
b
b
*
6
8,910
6,887
7,768
734
9 523
7,397
8, 168
943
910
381
895
43
37
4
3
5
620
822
405
557
0
238, 369
0
4, 126
55 198
0
24, 751
0
CHEMICALS AND ALLIED PRODUCTS
CHEMICALS
Alcohol:
Denatured:
Consumption (disposed of)
4,482
7, 445
8,874
5,897
5,589
6,448
6,760
thous. of wine gal.. 5, 238
5,680
5,228
10,048 19,582 10,542
7, 454
4,611
8,780
6,047
9,841 19,194 10,316
5. 540
6, 731
6,943
6,192
Production.—
thous. of wine gal._
5, 259
5, 554
1,363
1,317
1,063
1,236
1,149
1,380
1,801
1,527
1,763
1,580
1,978
Stocks, end of month.-.thous. of wine gal..
1,076
1, 694
Ethyl:
1
12.814
Production
thous. of proof gal— 14, 235 12,731 13, 478 12, 998 13, 702 13,823 15, 636 21, 332 19, 550 17, 065 12, 290
Stocks, warehoused, end of month
15, 216
15, 630
thous. of proof gaL. 18, 092 24,375 25, 893 27,971 28,967 29,788 27,094 14, 449 15,566
Withdrawn for denaturing
7,382
12.711
9,757
11, 359
10, 148
9,248
11, 684 16, 456 32, 682 17,272 14, 855
8, 666
thous. of proof gal..
9, 172
1,019
•» 1, 5SR
2,095
1, 453
1,573
1,266
1,052
1,121
1,176
1,075
1,172
1,025
Tax paid*
thous. of proof gal..
1, 510
' Preliminary,
* Revised.
New series. Data on airplane travel covers scheduled airlines operating in United States. For data on passengers carried for period of 1926 to 1933 and passenger-miles
flown from 1930 to 1933, see p. 20 of the February 1934 issue. For data on miles flown and express carried from 1926 through 1933, see p. 19 of the January 1935 issue. For
alcohol withdrawn tax paid, see p. 20 of the April 1935 issue. New series of telephones as compiled by Federal Communications Commission. Data supersede those published in previous issues of the Survey which covered all carriers having annual operating revenues in excess of $250,000; present series covers only those campanies with
operating revenues in excess of $250,000 which have interstate lines. In December 1933 operating revenues of these companies were 97.7 percent of the total of the companies
previously
reporting.
b
Returns reflect adjustments covering estimated refunds.
t Re\ised series. For earlier data see p. 20 of the April 1934 issue for operating revenues, operating expenses, and net railway operating income of class I railways. Tor
revisions of data for clearances of vessels in foreign trade, see p. 36 of the September 1934 issue.
f Data revised from August 1914 excluding vessels under 300 tons. Revisions not shown above will appear in a subsequent issue.
37
SURVEY OF CURRENT BUSINESS
June 1935
Monthly statistics through December 1931,
together with explanatory footnotes and references to the sources of the data, may be found
in the 1932 Annual Supplement to the Survey
1934
1935
April
April
May
June
Septem- October Novem- December
ber
ber
August
July
CHEMICALS AND ALLIED PRODUCTS— Continued
CHEMICALS-Continued
Alcohol— Continued:
Methanol:
Exports, refined.
._.
.gallons.. 30, 471
57, 259
Price, refined, wholesale, N. Y . dol. per gal. .
.38
.38
Production:
!
342, 307
Crude (wood distilled)*! *
gallons..
754, 980
Synthetic.
..gallons..
E x plosives:
26, 958
Orders, new*
.thous. of lb__ 23, 202
Sulphur and sulphuric acid:
Sulphur production (quarterly) * long tons
Sulphuric acid (104 plants):
Consumed in prod, of fertilizer short tons__
107, 842
Price, wholesale 66°, at works
dol. per short ton..
15.50
15.50
Production
short tons
119,619
Purchases:
From fertilizer rnfrs
short tons
12, 158
From others ..
.. short tons.
22, 721
Shipments:
To fertilizer mfrs . .
short tons..
. _ 21, 926
To others
short tons
30, 240
FERTILIZER
Consumption, Southern States t
704
thous. of short tons,.
"763
Exports, totalf
long tons.
93, 456 98, 294
5,551
Nitrogenous!
long tons,.
18, 043
Phosphate materials!
long tons.
82, 946
74, 287
Prepared fertilizers
long tons
98
206
Imports, totalf#
long tons. 176, 640 178, 430
111,642 133, 706
Nitrogenous!
long tons
83,415
Nitrate of soda!
long tons.
80, 466
4,486
Phosphates! __
long tons,.
4,158
56,045
Potashf
long tons
35, 845
Price, nitrate of soda, 95 percent, N. Y.
dol. per cwt__
1.350
1.275
Superphosphate, bulk:
Production
short tons
232, 936
Shipments to consumers
_ _. short tons..
209, 026
Stocks end of month
short tons
806, 914
NAVAL STORES
Pine oil:
Production
gallons.. 370, 222 305, 273
Rosin, gum:
4.67
5.56
Price, wholesale "B", N. Y...dol. perbbl...
Receipts, net, 3 ports
bbl. (500 lb.)__ 69, 290
69, 496
Stocks, 3 ports, end of month _bbl. (500 lb.)._ 250, 213 156, 447
Hosin, wood:
Production
bbl (500 Ib.)
46, 028 45, 454
Stocks, end of month
bbl. (500 Ib.)
95, 283 90, 329
Turpentine, gum:
.52
.59
Price, wholesale, N. Y
-dol. per gal..
17,315
Receipts, net, 3 ports
bbl. (50 gal.)_. 18, 410
Stocks, 3 ports, end of month. bbl. (50 gal.)_. 87, 971
46, 465
Turpentine, wood:
7,729
Production
bbl. (50 gal.)..
7,049
7,122
Stocks, end of month
bbl. (50 gal.)..
20, 289
OILS, FATS, AND BYPRODUCTS
Animal fats and byproducts (quarterly):
Animal fats: t
Consumption, factory
thous. of lb._
Production
..
_.
thous. of Ib
Stocks, end of quarter
thous. of lb__
Gelatin, edible:
Production
thous. of lb__
Stocks, end of quarter. _. thous. of Ib
Greases: f
Consumption, factory
thous. of Ib
Production
thous. of Ib
Stocks, end of quarter
thous. of Ib
Lard compounds and substitutes: f
Production
thous. of lb_.
Stocks, end of quarter _
thous. of Ib
Fish oils (quarterly):!
Consumption, factory
thous. of lb._
Production
thous. of lb__
Stocks, end of quarter
thous. of lb_.
Vegetable oils and products:
Vegetable oils, total:
Consumption, factory (quarterly) t
thous. of Ib
939
Exports
thous of Ib
1,773
70, 163
Imports!#.
thous. of lb_. 91, 445
Production (quarterly)!.
thous. of lb._
Stocks, end of quarter: !
Crude ...
._ _. thous. of Ib
Refined
-.thous. of Ib
Copra and coconut oils:
Copra:
Consumption, factory (quar.) .short tons..
Imports#
short tons.. 15, 038
12, 037
Stocks, end of quarter
short tons..
!
38, 556
.38
52,612
.38
324, 063
897, 294
:
28, 348
.38
298,165 1 256, 136
922,551 i 939, 439
24,812 ! 23, 384
24, 231
77,732 I
.38
80,214
41,941
48, 945
.38 \
.38
26,063
25, 489
26,892
25, 108
23, 222
.38
44, 525
.38
22, 635
29, 147
26, 019
293, 025
314, 199
;
38,211
.38
73, 365
.38
253, 612 260, 402 297, 759 309, 739 319, 190 315, 983 300, 008
351,468
951,834 ; 1,079,910 1,309,080 1,789,970 1,301,841 1,303,171 1,126,799 1, 303, 230
289,089
83, 969
44, 937
.38
18, 544
255, 396
83, 079
77,404 I
85,915
137, 357
143, 282
152, 268
162, 658
133, 319
102, 292
;
15. 50
116,120
15.50
149, 988
15.50
159. 781
15. 50
172, 052
15.50
169, 301
15.50
154, 359
15.50
141,352
15. 50
107, 568
15.50
92, 894
15. 50
88, 049
15. 50
97,478
5,735
18, 793
3, 441
26, 577
7, 41 1
25, 951
13,048
17,060
21,136
12, 560
38, 164
27, 249
39, 330
22, 796
36, 734
28, 813
34, 545
27, 824
26, 269
21, 647
18, 769
16, 221
14, 312
25, 894
10, 242
25, 783
14, 596
21, 991
28,111
29,587 ;
31,056
23, 594
39. 797
34, 938
41, 520
28, 615
47, 367
28, 537
39, 693
35, 186
30, 615
38, 716
41,990
42, 319
157
113, 752
2,646
106, 354
426
103, 723
71, 057
39, 321
5,847
17,310
51
105, 285
5,064
96, 262
164
66, 707
44, 164
10, 564
1,910
13, 355
26
83, 382
4, 577
75, 600
273
69, 285
43, 576
10, 976
1, 495
19, 265
101
109, 982
29, 591
76, 987
174
69, 176
24, 666
931
3, 141
38, 963
128
135, 588
27, 121
104, 143
350
81, 560
31, 579
1,212
1, 786
44, 422
88
118, 437
21, 093
93, 509
265
82, 121
38, 728
7,195
2,001
35, 276
97
127, 081
13, 615
107,313
312
91, 807
42, 085
17, 085
2,411
44, 015
316
68, 928
6,241
56, 946
153
155, 348
63, 245
27,811
3,126
84, 235
684
92, 846
10, 746
78, 276
258
141, 787
89, 477
44, 494
3,169
46, 213
1, 413
84, 296
6,707
66, 562
196
159, 071
107, 341
55, 957
3,177
42, 669
1. 275
1. 275
1.275
1.275
48
126, 110
16,553
108, 475
405
48, 442
18, 535
150
1,541
25, 845
1. 350
1. 350
1.350
1.350
1.275
1.275
1.275
168, 509
85, 508
820, 096
153, 236
21, 463
839, 880
147, 084
9,711
871, 093
152, 566
21,831
875,320
188, 007
108, 752
880, 238
276, 444 307, 653 332, 140 342, 210 282, 810
63, 486
24, 965
23, 358 34, 553 63, 856
957, 279 1,078,044 1,159,392 ,189,505 1,160,817
242, 712
136, 864
963, 824
293, 807
266, 020
261, 410
282, 242
312, 375
300, 544
303, 686
317, 912
330, 830
360, 252
337, 646
5.49
97, 905
161, 001
5.46
102, 417
171, 805
5.31
116, 019
200, 649
5.31
109, 234
218, 256
5.30
89, 289
244, 968
5.42
92, 482
260, 040
5. 25
100, 257
272, 027
5.25
122, 173
321, 660
5.20
27,411
272, 474
5.16
19, 525
217, 489
4.99
28, 397
250, 113
43, 243
98, 080
38, 554
98, 558
37, 037
105, 286
38, 537
105, 887
43, 095
108, 933
39, 785
109,812
41,884
108, 244
41,016
105, 339
44, 489
110, 806
43, 252
111, 659
43, 294
108, 956
.56
24, 658
42, 570
.51
27, 614
47, 692
.48
31, 148
65, 171
.46
32, 473
65, 510
.46
26, 856
71,778
.52
25, 161
88, 020
.53
22, 999
94, 189
.52
22, 834
106, 971
.54
4,300
94, 781
.55
2,235
86, 987
.55
4,761
88, 164
7,050
20, 689
6,393
19, 515
5, 547
19, 016
5, 904
19, 078
6,798
19, 817
6,288
18, 504
6, 548
18, 752
6,290
16, 819
7,075
16, 116
6,138
13,418
6,316
10, 526
190, 774
545, 950
444, 620
228, 945
465,719
382.938
217, 186
498, 603
418, 631
234, 949
352, 519
380, 419
3, 585
8, 908
1.570
6 556
5,279
7 817
5,047
8,629
64, 722
90 175
75, 652
GO, 992
81, 954
09, 600
49 246
89, 257
73, 856
50, 732
71,738
63, 590
218, 114
25, 133
352,965
24, 964
338, 859
27, 584
316, 227
32, 738
43, 104
9,136
161,411
33,595
68,374
189, 492
46, 358
98, 116
71, 872
60, 563
46, 208
221, 547
1
923
56, 668
652,544
1,094
59, 694
361, 986
530, 959
797, 171
1, 034
68, 665
883
41, 302
479 873
1, 161
55, 213
416,559
548, 547
502, 427
234
53, 935
427
60, 028
802, 381
372
34, 200
730, 260
331
71, 191
554, 108 —
598, 460
_
522
78, 745
754, 643
396
80, 395
581, 304
525, 210
642, 272
65, 439
45, 000
47, 392
48. 683
20, 599 ~~~3,"735~ i""l6,"079"
8, 624 """f 17?" "lo'eoe" 27, 674 ~~I7,~393~ ~~I6~415~
26, 579
35, 386
16, 772
15,210
25. 688
* New series. For earlier data see p. 20 of the April 1933 issue (crude methanol) and p. 19 of January 1934 issue (explosives).
» Revised.
1 Figures revised due to dropping of Missouri from Southern States classification. See p. 19 of the January 1934 issue for earlier data.
# See footnote on p. 35 of this issue. Monthly revisions for 1933 are shown on p. 20 of the October 1934 issue.
t Revised series, see p. 36 of the June 1933 issue, for 1932 revisions, exports and imports of fertilizer and imports of vegetable oils; for 1933 revisions on exports see p. 20
of the September 1934 issue; for revised data for crude methanol production for 1933, see p. 36 of the May 1934 issue; quarterly data oils fats and byproducts, for the years
1932 and 1933 also revised. See p. 19 of the March 1935 issue.
• Texas only. Louisiana produced 23 percent of United States production in 1933.
A The refined equivalent of crude production is approximately 82 percent.
24, 519
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
1935
April
June 1935
1934
April
vlay
June
July
Decem
August SeptemOctober November
ber
ber
January February
March
CHEMICALS AND ALLIED PRODUCTS—Continued
OILS, EATS, AND BYPRODUCTS-Con.
Vegetable oils and products— Continued.
Copra and coconut oils— Continued.
Coconut or copra oil:
Consumption, factory:
Crude (quarterly) t
thous. of lb._
Refined, total (quarterly)! thous. oflb
In oleomargarine
.thous. of lb_.
Imports^ . _
thous. of Ib
Production (quarterly) :
Crude . ....
thous. oflb
Refined
thous. oflb-.
Stocks, end of quarter:!
Crude
thous. of lb__
Refined
thous. of lb_.
Cottonseed and products:!
Cottonseed:!
Receipts at mills
short tons
Stocks at mills, end of month-short tons..
Cottonseed cake and meal:!
Exports!
short tons
Production
short tons
Stocks at mills, end of month. short tons..
Cottonseed oil, crude:!
Production
-thous. of lb._
Stocks, end of month
-thous. of lb__
Cottonseed oil, refined:
Consumption, factory (quarterly)!
thous. of Ib
In oleomargarine
__thous. of lb._
Price, summer yellow, prime, N. Y.
dol. perlb..
Production!
thous of Ib
Stocks, end of month!..
thous. of lb._
Flaxseed and products:
Flaxseed:
Imports, United States#.__ thous. of bu_.
Minneapolis and Duluth:
Receipts
thous. of bu
Shipments
,
thous. of bu..
Stocks, end of month
thous. of bu._
Oil mills:!
Consumption, quarterly. thous. of bu..
Stocks, end of quarter
thous. of bu
Price, no. 1, Minneapolis.. -dol. per bu_.
Production, crop estimate- thous. of bu..
Stocks, Argentina, end of month
thous. of bu_.
Linseed cake and meal:
Exports
thous. of lb._
Shipments from Minneapolis
thous. oflb_.
Linseed oil:
Consumption, factory (quarterly)!
thous. oflb
Price, wholesale, N. Y
_dol. per Reproduction (quarterly)!
thous. oflb
Shipments from Minn
thous. of lb._
Stocks at factory, end of quarter
thous. oflb._
Lard compound:
Price, tierces, Chicago*_.dol. per lb_.
Oleomargarine:
Consumption (tax-paid withdrawals)
thous. oflb..
Price, standard, uncolored, Chicago
dol. per lb_.
Production
-thous. of lb._
15, 945
25, 293
10, 559
30, 533
9,396
24, 614
177, 236
72, 048
4,542
29, 047
6,315
35, 742
7,765
17, 210
113, 731
67, 374
10, 279
17, 990
11, 360
14, 810
12, 787
20, 935
17, 282
27, 736
150,711
110, 304
14, 560
25, 045
56, 716
63, 617
61, 238
80, 658
62, 261
96, 256
174, 154
39, 886
174, 924
37, 381
152, 747
34, 277
122, 142
31,960
442, 281 598,613 531, 067 415, 455 400, 855
947, 372 1,030,607 527, 904 300, 626 138, 700
803, 236 1,235,230 1,232,067 1,117,238 855, 083
343, 591
63, 347
574, 739
252, 863
39, 613
361, 489
82
189, 717
320,322
94
180, 603
340, 057
127
157, 998
346, 876
236
116,882
311, 279
165, 808
100, 685
128, 872
95, 267
123, 708
100, 563
109, 046
102, 514
83, 529
93, 770
7,323
352, 209
7,533
9,015
12, 171
286, 324
9,854
.109
.101
129, 487 110, 283
516, 717 513, 341
.114
102. 890
524, 340
.108
95, 707
553,531
1,823
770
1,997
1,970
252
83
1,108
139
114
1,011
135
54
978
105
44
878
4,569
1,851
1.99
• 5, 253
1.97
1.94
5,754
2,094
1.81
176, 268
46, 346
374, 209
109, 367
55, 546
320, 388
92, 258
52, 407
280, 537
99, 699
42, 923
222, 761
195, 761
271, 145
300, 023
24
63, 437
204, 999
203
84, 241
252, 625
78
51, 407
219, 637
366
41,011
175, 441
91
45, 738
124, 572
1,195
90, 633
96, 147
124
197, 694
170, 251
196
265, 597
257,409
306
245, 389
299, 200
43, 971
60, 6G9
59, 563
109, 328
38, 462
76, 318
29, 879
45, 794
31, 544
34, 400
59, 322
38, 670
133, 970
74, 034
183, 600
97, 752
11, 005
2,073
3,369
257, 527
3,718
4,150
6,280
381, 728
7,428
7,322
.103
79, 219
577, 449
.052
94, 486
843, 168
.050
65, 822
804, 946
.053
54, 643
738, 542
.059
43, 529
655, 552
.068
48, 522
543, 144
.075
81, 050
450, 012
1,160
1,144
1,637
806
821
695
959
1, 297
743
139
242
603
139
208
793
322
169
696
298
113
646
162
98
628
681
152
672
1,230
126
1,008
910
234
1,218
294
127
1,210
5,016
1,421
1.91
1.90
2.05
4,293
1,368
1.98
1.90
1.86
~Tor
14, 428
31, 609
84, 291
97, 301
133, 357
20, 426
248, 558
1. 85 -T82-
124, 715
94, 292
13, 771
17, 492
.081
.092
155,437 149, 593
461, 440 487, 369
7,874
6,693
5,118
4,724
3,150
3,543
2,756
2,362
1,575
2,362
3,937
5,118
7,087
36, 929
38, 136
31, 739
34,328
33, 441
32, 126
20, 935
30,869
31, 338
21, 558
32, 805
23, 524
30, 704
6,114
5,513
6,648
5,871
5,292
7,628
5,533
6,483
7,325
8,182
7,714
9,653
7,952
.095
.093
.097
78, 189
.099
98, 026
3,603
.098
.099
.091
.088
.092
2,774
4,145
3,525
54, 338
.087
90, 253
2,233
.089
3,735
61, 218
.094
85, 038
4,163
3,298
4,209
59, 376
.095
111,823
6,324
6, 053
3,644 ""§,"969"
128, 413
113, 722
109, 367
125,416
.127
.073
.073
.074
.078
.086
.098
.107
.111
.124
.129
.133
.130
38, 243
16, 146
20, 063
13, 870
15, 847
25, 736
27, 545
26, 421
28, 980
32, 178
33, 724
45, 351
31,511
.140
37, 419
.073
18, 023
.070
18, 280
.078
13, 983
.080
16, 363
.080
22, 026
.090
26, 842
.098
26, 517
.100
28,809
.104
30, 470
.119
33, 632
.125
41, 895
.141
34, 20!
33, 721
22, 295
9, 178
13, 117
11,427
27, 704
18, 436
7,590
10, 846
9,268
33, 615
22, 172
8,092
14, 080
11,443
28, 750
18, 944
7,630
11,314
9,806
23,451
15, 910
7,449
8,461
7,541
24, 314
16, 081
6,579
9,502
8,233
22, 199
14, 177
5,268
8,909
8,022
24, 206
15, 382
5,814
9,568
8,824
20, 300
13, 224
5,208
8,016
7,076
16, 515
10, 805
5,226
5,579
5,710
21, 529
14, 687
7,140
7,547
6,842
21, 889
15, 252
7,299
7,953
6,636
27, 333
18, 418
8,061
10, 357
8,915
332, 343
36, 653
113, 202
271, 929
44, 706
70, 783
322, 583
39, 825
93,204
277, 547
25, 782
77, 454
211, 782
21, 330
63, 442
235, 325
25, 292
71, 299
259, 136
27, 314
71,828
274, 366 225, 078 227, 827
30, 807 , 27,864 18, 188
78, 496 70,304 52, 869
284, 758
22, 665
64, 215
221,663
24, 312
69, 000
299, 610
33, 675
88, 114
PAINTS
Paints, varnish, and lacquer products: §
Total sales
_
-thous. of dol..
Classified .
thous. of dol .
Industrial
thous. of doL.
Trade
thous. of dol-.
Unclassified (273 estab.)
thous. of dol-.
Plastic, cold-water paints, and calcimines:
Sales:
Calcimines
dollars..
Plastic paints
dollars
Cold-water paints
..dollars.CELLULOSE PLASTIC PRODUCTS
Nitro-cellulose:*
Sheets, rods, and tubes:
1,465
1,476
1,089
1,357
Production
thous. of lb_.
1,384
973
841
1,131
1,311
778
715
948
965
1,122
954
1,211
Shipments
--thous. of lb._
1,263
1,069
1,085
1,094
1, 299
946
748
956
872
1, 028
Cellulose-acetate : *
Sheets, rods, and tubes:
962
922
1,004
466
Production
thous of Ib
512
510
393
449
304
1,107
302
317
375
849
" 1,054
1,026
448
Shipments
thous. oflb—
512
1.048
558
265
220
383
415
409
276
a
• Dec. 1 estimate.
Revised.
* For earlier data on lard compound price see p. 18 of the January 1934 issue. Data not available for cellulose products prior to January 1933.
! Revised series. For year ended July 1932 see p. 20 of the February 1933 issue, and year ended July 1934 see p. 38 of the November 1934 issue, revisions for each month of 1933
were shown when monthly data for 1934 became available, cottonseed, and for the year of 1932 see p. 37 of the June 1933 issue, exports of cottonseed cake and meal. Data
revised for 1933; see p. 19 of the September 1934 issue; quarterly data on oils, fats, and byproducts shown on this page for the years 1932 and 1933 also revised. See p. 19 of the
March 1935 issue.
5 Since March 1932, detailed figures are not strictly comparable owing to changes in firms reporting.
# See footnote on p. 35 of the October 1934 issue. Data revised for 1933; see p. 20 of the October 1934 issue.
39
SURVEY OF CURRENT BUSINESS
June 1935
April
1935
1934
1935
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
May
June
July
Decem- January FebruOctober NovemAugust September
ary
ber
ber
March
CHEMICALS AND ALLIED PRODUCTS—Continued
ROOFING
Dry roofing felt:
Production . _
„ .short tons..
Stocks, end of month
short tons
Prepared roofing shipments: 1 1
Total
thous squares
Grit roll_ thous. squares
Shingles (all types)
thous. squares-Smooth roll
thous. squares
19, 723
6 653
19, 816
19, 945
17, 021
12, 232
19, 467
15, 667
6,411
14, 710
12, 972
6,672
11,310
8,555
12, 899
11, 726
15, 223
2,955
2,413
606
678
1,129
1,326
336
406
583
1,677
395
436
846
3,762
2,019
557
477
985
2,387
1,373
345
315
713
1,277
368
247
663
1,118
278
257
583
2,032
597
655
1,136
1,941
462
483
996
5,072
550
743
1,662
4,677
6,324
5,397
5,687
790
850
2,123
6,648
6,629
7,484
7,909
464
555
1,012
ELECTRIC POWER AND GAS
ELECTRIC POWER
Fuel consumed in production of electrical
energy. (See Fuels.)
Production, totalf
mills, of kw.-hr..
By source:
Fuelsf
mills, of kw.-hr—
Water powerf
.mills, of kw.-hr~
By type of producer:
Central stationsf
mills, of kw.-hr..
Street railways, manufacturing plants, etc.
mills, of kw.-hr- .
Sales of electrical energy:
Sales to ultimate consumers, total (Edison
Elec. Inst.)
mills, of kw.-hr._
Domestic service
mills, of kw.-hr..
Commercial— retail
mills, of kw.-hr..
Commercial— wholesale.. mills, of kw.-hr..
Municipal and street lighting
mills, of kw.-hr
Railroads:
Electrified steam
mills, of kw.-hr..
Street and interurban mills of kw -hr
Revenues from ultimate consumers (Edison
Elec. Inst.)
thous. of dol..
GAS
Manufactured gas: *f
Customers, totalthousands
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
7,819
« 7, 703
« 7, 490
« 7, 617
<* 7, 722
« 7, 207
« 7, 833
« 7, 609
8,058
8,349
a
a
0
4, 796
2, 695
« 5, 017
« 4, 814
« 5, 138
2,600
« 5, 246
« 2, 476
2,695
« 4, 664
« 2, 945
4,875
3,183
5,079
3,270
a
7, 058
0
7, 188
« 7, 330
• 6, 846 « 7, 426
« 7, 206
7,601
7,881
0
8, 012
°4, 512
a
a
4, 447
3, 564
0
a
7, 553
7, 494
4,207
« 4, 477
3,612
« 3, 966
« 3, 492
7,368
« 6, 996
« 7, 215
451
462
488
432
429
392
361
407
403
457
468
431
459
5,842
5,917
967
1,035
5,882
5,808
5,982
5,774
957
1,080
1,024
1,111
5,989
6,126
1,224
1,192
6,469
973
1, 049
6,194
1,211
1,164
3,103
6, 081
1,125
1,120
3,134
millinTiS Of CU ft
Revenue from sales to consumers
thous. of dol
Domestic-.
thous. of dol..
House heating
thous. of doL.
Industrial and commercial... thous. of dol..
Natural gas:*t
Customers, total
thousands
Domesti .
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 doL.
Domestic-thous. of dol. .
Industrial and commercial,— thous. of dol..
" 7, 458
-iiiiii:
3,226
2,393
2,982
7, 063
1,026
1,059
3,119
3,293
3,273
956
1,060
3,212
3,337
3,034
5, 988
1,081
1,112
3,142
2,989
2,969
1,317
1,245
3,135
176
168
144
150
167
180
194
203
206
222
213
201
59
356
57
349
55
338
54
324
54
334
55
323
69
353
56
361
64
418
67
431
62
391
67
384
149, 852
147, 915
147, 337
146, 529
148, 464
150, 196
155,812
160, 451
163, 807
170, 101
162, 470
155, 884
9,831
9 290
93
437
31, 685
20 067
3 620
9,915
9 374
95
435
30, 181
20 267
2 177
9, 933
9 396
92
435
28 558
20 260
793
9,937
9, 968
9 431
89
438
24, 661
17 397
368
10, 022
9 480
96
437
27 586
20 163
490
10, 027
9 474
106
438
29, 231
20 732
1 295
9,994
9,972
9,915
9 432
115
438
30, 101
19 128
3 630
9 404
118
441
32, 119
19 137
5 321
121
439
34, 809
20 198
6,391
9,928
9,362
9,933
9 403
87
436
25 325
17 924
420
1,168
1,157
9,346
123
433
33, 943
19, 652
6,019
9 371
115
435
32 099
19 343
4 620
7 822
7 583
7 364
6 809
6 765
6 770
7 022
7 154
7 445
8,000
8,071
7 941
32 632
24, 492
2,135
32 204
25, 099
1,290
28 195
22, 649
303
5,141
27 554
22, 102
272
5,071
30 694
24, 972
402
5,210
31, 935
25, 405
912
31 921
24, 210
1,942
32 902
24, 060
34, 424
24, 485
33, 482
23, 576
32 227
23, 224
5,693
31 244
25, 077
544
5, 521
5 493
5 157
334
81 095
29 089
5 504
5 177
325
70 393
20 566
5 490
5 176
313
64 736
14 864
5 465
5 156
'307
60 069
11 215
5,484
5 176
307
60, 912
10 223
5 530
5 218
310
64 021
12 216
5, 588
5 263
322
69, 450
15 657
51 , 059
48 809
49, 017
47, 880
49, 692
50, 819
52, 983
56, 780
58, 444
59, 833
59, 514
56, 709
29, 092
18, 729
10, 203
24 032
14, 568
20 865
11, 701
9, 036
18, 440
18, 050
19,415
21, 655
12, 103
26, 580
15, 938
10, 509
33, 239
37, 679
25, 302
12, 198
36, 870
24, 339
12, 348
34, 035
22, 168
11, 683
5,860
9,309
9,784
8,506
9,242
8,668
10, 356
8,918
5,488
9,430
5,638
5 647
5 302
343
80, 812
23 135
2,939
5,763
5,673
5 316
355
93, 384
33 916
21,414
11,666
3,797
5,995
5,620
5 267
351
101, 570
40, 640
3,778
5, 989
2,983
5,880
5,638
5,663
5 284
351
100, 606
39, 945
5 305
356
93, 343
35 452
FOODSTUFFS AND TOBACCO
BEVERAGES
Fermented malt liquors:*
Consumption (tax-paid withdrawals)
2,722
3,270
2,329
2,545
4,939
3,512
3,277
2,968
thous. of bbL. 3,431
2,855
3,796
4,550
4,567
2,874
2,592
4,036
Production
thous. of bbl- 4,465
3,703
2,825
2,721
5,075
3,290
4,826
3,271
4,708
4,455
6,472
Stocks, end of month
thous. of bbL.
7,219
6,325
5,438
5,811
6,064
5,925
5,654
6,797
6,270
6,718
6,868
Distilled spirits:*
Consumption (tax-paid withdrawals)!
4, 214
5,258
6,323
4, 591
6,072
thous. of proof gal 4,901
2,410
5,963
4,604
2,748 ! 3,431
2,384
2,366
4, 203
4,715
3,700
Whisky..
thous. of proof gal.. 4,384
2,124
5,516
5,267
1,974
2,210
5,338
2,828
3,961
2,097
16,067
8,814
Production, total
thous. of proof gal.. 15,171
9,635
9,334
8,158
8,838
9,465 12,110 12,224 14,536 15, 754 14, 543
15, 348
Whisky..
thous. of proof gal _. 14,329
8,828
8,182
8,170
7,600
8,785 11,200 11, 258 13,134 14, 875 13,954
Stocks, end of month
thous. of proof gaL. 139,036 51,404 58,137 63,351 68,872 73,841 78,380 84,093 90,055 98, 028 109, 203 119, 034 129, 679
Whisky
thous. of proof gaL. 131,659
52,859 57,962 63,422 68,343 72,883 78,471 84,198 91, 630 102, 504 112,082 122,560
Rectified spirits:
Alcohol, ethyl, withdrawn tax paid (see p. 36).
Consumption (tax-paid withdrawals)**
1,492
1,577
2,672
2,825
3,137
1,235 1,202
thous. of proof gaL.
1,414
1,676
1,306
1.3
1,532
958
DAIRY PRODUCTS
Butter:
Consumption, apparent*!
thous. of lb._ 136, 030 137,120 159,369 138,657 133,067 150,881 137,487 144,961 140,844 136,810 128, 802 110,936 114, 699
.32
.36
Price, N. Y., wholesale (92score).dol. per lb._
.24
.24
.27
.31 . .34
.34
.24
.25
.27
.29
.26
Production (factory)t
thous. of lb_. 127, 460 133,665 174,692 181,759 171,682 162,589 141,809 130,861 110,655 102, 702 100,130 97,003 107,060
Receipts, 5 markets
thous. of lb._ 44,246 47,206 61,499 63,812 61,251 57,881 49, 392 49,928 41,564 39,110 42, 716 37, 873
38,127
Stocks, cold storage, creamery, end of month
thous. oflb.. 5,587 11,838 27,161 70,148 108,748 120,467 125,047 | 111,073 J 81,034 47,175 18,907
8,110
«5,341
a
Revised.
* New series. For earlier data see p. 19 of the May issue, manufactured and natural gas, and p. 19 of the June 1933 issue, butter consumption. Beverage figures are from
the U. S. Bureau of Internal Revenue monthly data on distilled spirits available beginning July 1933 and on fermented malt liquors, April 1933. Data on consumption
of rectified spirits, as indicated by the sale of stamps. Earlier data not published.
t For revised data for electric-power production for 1932 see pp. 38 and 56 of the May 1933 issue; for 1933 see p. 38 of the May 1934 issue; 1934 data also revised. Revisions
not shown above will appear in a subsequent issue. Manufactured and natural gas revisions for years 1929-34, inclusive, are shown on pp. 19 and 20 of the May 1935
issue; for butter production for 1931 see p. 20 of the January 1933 issue; for 1932 and 1933 butter consumption and 1933 butter production see p. 19 of the March 1935
issue. Data consumption of distilled spirits revised to include brandy tax paid direct from fruit distilleries. For revisions see p. 39 of the March 1935 issue. Series on
prepared roofing revised. Revisions for earlier months will be shown in a subsequent issue.
• Consumption of rectified spiritsfiguresplus ethyl alcohol withdrawn tax paid (see p. 36) equals Bureau of Internal Revenue total of distilled spirits withdrawn tax paid.
^ Revised series. Data revised beginning with January 1933. See p. 39 of the April 1935 issue. Revisions for 1933 will be shown in a subsequent issue.
40
SURVEY OF CURRENT BUSINESS
Monthly statistics through December 1931,
together with explanatory footnotes and references to the sources of the data, may be found
in the 1932 Annual Supplement to the Survey
1935
June 1935
1934
April
April i
May
une ! July
1935
Decem- January FebruAugust SeptemOctober November
ber
ber
ary
March
FOODSTUFFS AND TOBACCO—Continued
DAIRY PRODUCTS— Continued
Cheese:
Consumption, apparent!
thous. of lb_. 53,311
Imports#
thous. of lb_.
4, 455
Price, no. 1 Amer. N. Y
dol. per lb__
.17
Production (factory)t
thous. of lb_. 40, 547
Arnerican whole milkf
thous. of lb_. 29, 431
Receipts, 5 markets
thous. of lb._ 10, 688
Stocks, cold storage, end of monthf
thous. of l b _ _ 54, 446
American whole milkf
thous, of lb_. 46, 583
Milk:
Condensed and evaporated:
Production:!
Condensed (sweetened)
thous. of lb._ 23, 224
Evaporated (unsweet'ed) §. .thous. of lb._ 180, 943
Exports:
Condensed (sweetened)
thous. of lb._
717
Evaporated (unsweetened) .thous. of lb_.
3,267
Prices, wholesale, N. Y.:
Condensed (sweetened)
dol. per case-4.85
Evaporated (unsweet'ed)— dol. per case..
3.00
Stocks, manufacturers, end of month:
Condensed (sweetened):
Bulk £oods
thous oflb
5 447
Case goods
thous. of lb._
5,552
E vapor ated (unsweetened):
Case goods.-.
thous. of lb_. 74, 145
Fluid milk:
Consumption in oleomargarine
thous. of lb._
8,645
Production, Minn, and St. Paul
thous. of lb_. 29,722
Receipts:
Boston, incl. cream
thous. of qt._
Qreater New York*
thous. of qt._ ~105~286"
Powdered milk:
Exports
.thous. of lb_.
200
Orders, net, new
thous. of lb_.
Stocks, mfrs. end of mo
thous. of lb._ 20, 782
FRUITS AND VEGETABLES
Apples:
Production, crop estimate
thous. of bu._
Shipments, car lot!
carloads3 107
Stocks, cold storage, end of month
thous. of bbl...
1,187
Citrus fruit, car-lot shipments!
carloads.. 16,741
Onions, car-lot shipments!
carloads2 385
Potatoes:
Price, white, N. Y .
dol. per 100 Ib
935
Production, crop estimate
thous. of bu._
Shipments, car lot!
_
carloads
17 688
GRAINS
Exports, principal grains, including flour and
meal!
thous. of bu_1, 449
Barley:
Exports, including malt!
thous. of bu__
88
Price, no. 2, Minn.:
Straight*
.
dol. per bu
97
Malting* .
dol. per bu.
1 07
Production, crop estimate
thous. of bu__
Receipts, principal markets*__..thous. of bu,_
2,550
Visible supply, end of month*. thous. of bu_.
7,684
Corn:
Exports, including meal!
_ -thous. of bu_.
44
Grindings
thous. of bu..
5, 513
Prices, wholesale:
No. 3, yellow (Kansas City)._dol. per bu-_
.93
No. 3, white (Chicago)
__dol. per bu._
.94
Production, crop estimate
thous. of bu_.
Receipts, principal markets
thous. of bu._
9,878
Shipments, principal markets. .thous. of bu.. 7,905
Visible supply, end of month*_thous. of bu_. 15, 924
Oats:
Exports, including oatmeal !_.. thous. of bu_.
65
Price, no. 3, white (Chicago)
dol. per bu._
.50
Production, crop estimate
thous. of bu._
Receipts, principal markets
thous. of bu._
2,224
Visible supply, end of month*, .thous. of bu_. 11, 867
Rice:
Exports!
pockets 100 Ib 141 593
Imports!?
pockets 100 Ib
15 644
Price, wholesale, head, clean, New Orleans
dol. perlb..
.039
Production, crop estimate
thous. of bu._
Receipts, southern paddy, at mills
thous. of bbl. (1621b.)__
175
Shipments from mills, total
thous. of pockets (100 lb.)_.
953
New Orleans, .thous. of pockets (100 lb.)._
59
Stocks, domestic, end of month
thous. of pockets (100 lb.)__
2,842
0
« 47, 252
3,676
.13
« 46, 993
« 35, 041
10, 553
59, 854
3,936
.14
61, 754
47, 563
15, 029
45, 352
3,897
,15
66, 545
53, 222
14, 392
46, 932
3,213
.13
62, 682
49, 106
16, 487
54, 874
3,511
.15
57, 887
44, 650
17, 257
50, 163
4,063
.14
51,206
38, 205
12, 840
61, 136
4,460
.14
47, 464
33, 732
14, 277
50,072 ! 42,394
5,730 | 3,565
. 15 !
.15
35,835 ! 31,163
28. 146 I 21, 517
13,609
9,522
50, 528
3,575
. 17
26, 109
18, 771
13, 526
42, 820
4,084
.18
27,743
19, 493
10, 821
45, 820
4,220
.17
34, 408
23, 891
8,955
65, 450
52, 217
71, 469
58, 073
96, 960
79, 925
115, 842
97, 018
122, 495
103, 805
127, 363
108, 624
118, 008
102, 832
109,972 102,197
96,688 ' 89,878
81, 220
71, 007
70, 156
60, 943
°62, 851
"54, 769
* 20, 513
149,924
24, 907
188, 688
22, 103
210, 750
16, 997
190, 089
19, 425
175, 125
16,226
146, 130
16, 691
138, 107
15,943 i 13,683
103,419
93,731
14, 297
118,562
15, 122
123, 657
18, 764
141,331
597
4,053
544
1,615
1,276
2,562
1, 261
3,278
985
5,066
707
2, 759
553
3,324
821 i
2,840 ;
470
2,965
499
2,679
599
2,642
842
4,882
4.85
2.70
4.85
2.70
4.85
2.70
4.85
2.70
4.85
2. 70
4.85
2.70
4.85
2.70
4.85 1
2.70 i
4.85
2.70
4.85
2.79
4.85
3.00
4.85
3.00
4 937
5,924
8 458
9,239
10 105
13,912
9 921
17, 156
9 °10
17, 432
9 470
15, 891
9 417
13, 555
9 135
11,236
7 687
10,516
5 635
8,068
4 646
5,153
°4 880
3,714
117, 115
151,691
153, 149
205, 545
167, 864
175, 129
215, 700
203,402
156,793
59, 791
28,913
39, 993
6,552
6,880
7,731
9,622
7,700
23,449 j 24,747
27, 094
25, 978
29, 838
a
4,225
4,168
3,461
3,900
5r 184
6, 332
6, 165
36, 732
37, 908
35, 202
31, 899
27, 988
24, 004
24, 174
17, 758
103, 395
18, 793
111, 196
19, 168
110, 931
20, 766
110,460
19, 291
103, 812
18, 099
103, 331
18, 290
106, 118
17,846
102,914
17,350
101,691
17,656
103, 072
15, 747
92, 157
17, 624
105, 684
316
10, 923
27, 648
225
12,670
35, 003
309
14, 691
40, 315
209
13, 184
43,007
319
11 601
42, 838
376
11,01*0
41, 794
163
11 629
40, 795
234
11 437
36,530
168
11 176
33,151
213
10, 700
30, 207
223
15 367
23, 568
170
12 456
« 20, 407
2,254
1,387
756
1,145
1 897
10, 405
17 742
_-- : «119,855
7 77g
5 672
5,732
5 838
4 674
1, 055
13, 039
2,933
392
7,051
2 342
4, 092
5, 851
3, 8S2
10, 408
7, 394
3 514
10,328
8 890
13,631 ! 14,533
2 083
1 886
6,928
14, 866
2 787
4,646
14, 199
2 601
«2, 642
15, 198
1 208
12, 303
3 031
10, 140
8, 128
1,303
2 013
1 762
1.541
1 200
894
1 006
948
1 006
881
21 467
25, 687
18 748
11 513
14 7ol
21 627
14 8^9
975
' «385' 287
12 066
975
19 763
18 393
20 923
20 878
6,220
5, 182
1,884
759
3,371
3, 388
2,884
2, 773
1, 842
2,050
1,615
1,762
425
408
139
165
789
743
582
535
111
628
209
128
81
1 07
1.16
1 02
1 10
1 06
1 09
1 17 e
1 20
'!18,929
5,188 | 4,796
14,900 i 14,401
1 09
1 18
1 08
1 15
1 01
1 08
2,297
12, 962
1,893
11,516
2,104
9,005
74
4, 051
51
3,399
62
4,574
.96
.98
.92
.94
.88
.89
6,720
8,931
34, 204
5,999
7,767
28, 160
7,559
9,308
21, 923
1 006
.91
95
1 00
2,678
10, 911
3,502
9,301
3,813
8,317
3,509
6,946
8, 556
9,006
8, 595
12, 403
5, 484
13, 525
209
4,690
371
5,271
248
6,738
518
5,721
471
6,539
357
4, 889
308
5,302
224 !
4,062
0)
.49
0)
.55
.57
.62
(l)
.66
.78
.76
.81
.84
.80
.82
.91 I
.93 1
8,632
9,471
57, 396
8,072
15, 877
46, 808
9,579
11, 353
38, 518
26, 568
13,610
44, 830
41,447
17, 488
60, 451
18, 685
10, 448
62, 407
16, 157
12, 372
58, 683
95
.32
68
.35
81
.43
76
.45
69
.49
87
.55
71
.52
2,736
32, 902
5,002
26, 205
2,811
22, 524
3, 388
21, 445
7,231
24, 605
4, 886
24, 241
58 656
44 493
41 267
52 973
89 197
59, 149
75 296
58 464
59 421
46 173
.039
.039
.039
.039
147
5,261
.96
1.01
«1 380 718
8,858 ! 9,226
12,514 ! 11,294
50,537 ! 43,462
91
.56
54
.54
68
.49
4, 516
22, 627
73
.56
• e 528 815
3,876 ! 3,119
22,191 | 22,576
1, 983
21, 258
2,256
19,443
2,261
14,366
31 328
47 31 3
61 164
44 645
61 640
42* 643
53 225
46* 330
73 882
93 287
46 194
182 985
26 121
8l' 158
.039
.039
.039
.049 |
.049
1 • 38, 296
.049
.039
.039
191
191
183
153
244
836
436
52
417
57
525
35
483
71
555
78
747
86
993
112
2,215
1,896
1,575
1, 267
972
1,083
2,189
1,974
78
.54
910
810 1
77 |
2,356
612
688
1,280
825
714
58
829
78
1,054
103
910
33
2,311
2,247
2,562
2,550
Revised.
« Dec. 1 estimate.
« Prices not available.
* New series. For earlier data see p. 20 of the November 1932 issue, barley, receipts of milk in Greater New York, p. 20 of the August 1934 issue. Since the division of
no. 2 barley by the Department of Agriculture into straight and malting grades as of July 1,1934, prices for each grade have been reported separately.
! Revised series. For revisions refer to the indicated pages of the monthly issues, as follows: For 1931 on "apparent consumption of cheese, production of total and
American whole-milk cheese, and production of condensed and evaporated milk, p. 20, January 1933. For earlier data on stocks (cold-storage holdings) of total and American
whole-milk cheese, p. 19, April 1933. For 1932 revised data on production of factory and American whole-milk cheese, production of condensed and evaporated milk, p. 39,
September 1933. For subsequent revisions for 1932 on production of evaporated milk, p. 39, November 1933. For 1932 and 1933 revisions on cheese consumption and 1933
revisions on production of cheese, condensed and evaporated milk, see p. 19 of the March 1933 issue. For final revision for 1933, car-lot shipments of apples, citrus fruits,
onions, and potatoes, see p. 20, January 1935 issue. For 1932 exports of rice, p. 39, June 1933. For revised figures on 1933 exports of grains (total barley, corn, and rice by
months), see p. 2 of September 1934 issue.
* See footnote on p. 35 of this issue. Data for 1933 also revised, see p. 20 of the October 1934 issue(
§ Bulk evaporated milk not included since December 1931.
* Represents the visible supply east of the Rocky Mountains as reported by Dun & Bradstreet.
June 1935
Monthly statistics through December 1931,
together with explanatory footnotes and references to the sources of the data, may he found
in the 1932 Annual Supplement to the Survey
SURVEY OF CURRENT BUSINESS
1935
April
41
1934
April
May
June
July
1935
October Novem
August September
ber
Decem- January
ber
F
^yU'
March
FOODSTUFFS AND TOBACCO—Continued
GRAINS— Continued
Rye:
Exports, including
flour
thous. of bu._
Price, no. 2, Minneapolis
dol. per bu._
Production, crop estimate
thous. of bu_.
Receipts, principal markets*... thous. of bu_.
Visible supply, end of month*-.thous. of bu~
Wheat:
Exports:!
Wheat, including flour _. thous. of bu._
Wheat only.
thous. of bu_.
Prices, wholesale:
No. 1, Northern, Spring, Minn.*
dol. per bu._
No. 2, Red, Winter, St. Louis, dol. per bu_.
No. 2, Hard, Winter, K. C_..dol. per bu._
Weighted average 6 markets, all grades
dol. per bu_.
Production, crop estimate, total
thous. of bu._
Spring wheat
..thous. of bu._
Winter wheat .
-.thous. of bu_.
Receipts
thous. of bu_.
Shipments
...thous. of bu._
Stocks visible supply, world thous. of bu
Canada
thous. of bu__
United States *
thous. of buttocks, held by mills (quarterly)
thous. of bu_.
\Vheat flour:
Consumption (computed) f
thous. of bbl.
Exports
thous. of bbl__
Grinding of wheat
-thous. of bu_.
Prices, wholesale:
Standard Patents, Minn
dol. per bbl—
Winter, straights, Kansas City
dol. per bbl—
Production:
Flour, actual (Census)
thous. of bbl_.
Flour prorated, total (Russell's) f
thous. of bbl—
Offal. _.
thous. of lbOperations, percent of total capacity
Stocks, total, end of month (computed)
thous. of bbl
Held by mills (quarterly)., thous. of bbl .
0
.61
9
.57
0
.60
1
.69 i
0
-74
0
.89
2
.87
0
.76
0
.76
190
8,988
251
11,002
1,368
10, 505
1, 903 !
11, 452
2, 246
12, 208
847
11,798
1,401
11,776
1,502
12, 323
2, 332
13,425
1,252
30
5,482
3,576
4,335
1,456
1, 415 !
387
2, 168
826
2,042
1,776
2,199
109
1,923
57
1,936
152
1,511 I
32 1
1.19
.97
1.05
.84
.83
.78
.94
.87
.86
1.04 i
.91 j
.89
1 08
.92
.93
1.20
1.01
1.07
1.21
1.04
1.08
1.15
1.02
i.oo
1.14
1.01
1.02
1.13
.83
.94
.95
.95
1.15
1.19
1.14
1.13
6,390
7,971
23, 445
15, 447
451 860
190, 717
79, 395
:
49, 708
16, 831
477 190
185, 120
117,973
23, 045
13, 934
491 130
183, 710
121, 727
8,487
7,550
219 1
286
34, 476 j 33,701
8,891
435
39, 682
19, 082
14, 767
506 250
222, 260
119, 001
!
0 1
0
.80 ;
.76
• 16, 040
445 !
86 i
12, 572 ; 11, 486
0
.69
i
o
.61
57
10, 630
405
9,652
1,257
14
1,301
4
1 502
10
1.17
1.04
1.04
1.18
1.02
1.01
1.15
.98
1.00
1.13
.95
.97
1.12
1.12
1.12
1.06
«496, 469
• 91, 435
•405 034
7,843
5, 127
8 051
8 638
509 410 i 517 317
253, 119 i1 242,363
74 774
89 766
3,771
6 846
481 793
235, 515
62 769
4, 668
6 355
445 599
227, 259
52 735
12, 946
15, 395
497 570
246, 247
107 050
9,154
15 066
471 620
249, 686
98 756
9,268
443
40, 371
9 875
397
41, 833
8 881
380
37, 393
7.46
7.50
7.32
7.25
7.25
7.32
7.28
6.14
6.22
5.88
5.79
5.85
5.79
5.75
5.66
8,654
8,822
9,181
8,211
7,547
8,315
7,599
7,986
7,966
600, 486
47
9,425
704, 298
52
9,881
716, 936
59
10, 382
736, 619
55
9 311
655, 023
53
8 585
601, 417
49
9 024
657, 904
51
8 465
599, 975
53
4 700
4 920
5 090
3 473
5 200
5 250
4 820
3 857
4 700
4 600
216, 181
42, 832
8,408
6 492
495 150
211,091
86, 856
12, 479
14 566
463 660
196, 869
77, 631
266
35, 460
7,963
406
34, 187
9 052
270
37, 089
7.48
6.34
6.84
7.05
7.18
5.91
5.28
5.48
5.79
6.01
7,785
7,455
8,103
7,507
7,325
621, 697
48
8,298
607, 078
48
9,208
657, 205
50
8,407
613, 279
46
4 764
4 650
4,570
3,914
102, 968
160, 904
134 935
8 694
315
34,323 1
87 314
8 600
265
37,766
8 009
276
34, 509
a
8 697
1 317
36, 309
7.16
a
8 767
631, 700
°49
4 500
3 582
LIVESTOCK AND MEATS
Total meats:
0
a
Consumption, apparent A
mills, of Ib .
1, 084
971 0 1,063
959
1 154
1 086
1,015
1 178
777
1 003
%0
828
Production (inspected slaughter) A
a
777
mills, of Ib
1 161
] 204
1,142 0 1 066
1 241
979
954
1,057
1 122
988
782
Stocks, cold storage, end of month, total
814
mills, oflb—
932
921
994
852
828
920
881
1,021
935
981
1,077
°913
Miscellaneous meats..
._ niJlls. oflb .
66
52
61
53
90
105
107
113
78
110
89
126
78
Uattle and beef:
Beef and veal:
Consumption, apparent A
thous. oflb..
«448, 930 "499, 808 «461, 514 "430, 196 «454, 901 461, 132 522, 298 464, 739 422, 822 466,814 365, 414
394, 538
Exportsf
.
..thous. oflb ~ 1,~034
1 514
1,356
2 063
1 638
2 250
2 269
1 683
1 961
1 371
1 342
1 1G4
1 285
Price, wholesale:
Beef, fresh native steers, Chicago
.192
dol. per Ib-.
.113
.114
.141
.123
.133
.123
.099
.125
.126
.157
.175
.184
Production, inspected slaughter A
thous. oflb—
437, 914 «493, 770 a463, 019 "444, 139 ! "469, 317 "471,010 535, 042 481,645 429, 835 449,865 345.112
374, 848
Stocks, cold storage, end of month
thous of Ib— 77, 848 46, 590 42, 546 45, 471 61,545 ; 80, 075 92, 575 108, 399 127, 953 140, 940 127, 097 110,777 a 98, 550
Cattle and calves:
Movement, primary markets:
Receipts
thous. of animals.. 1,630
1,812
1,592
2,985 ;
4,234
3,777
3, 000
2, 163
1,809
1,797
1,381
1, O9
889
1,470
1 711
] 356
Slaughter, local
thous. of animals
1 025
1,225
1 221
1 209
1 672
1 045
2 186
2 140
859
1 6
915
Slaughter, inspected. (See Leather and '
leather products.)
j
Shipments, total
thous. of animals..!
587
592
518
585
1,231 \
2,041
1. 257
1,071
835
509
565
649
537
Stocker and feeder
thous. of animals, .
219
139
802
162
147
' 477
470
317
192
550
165
199
192
Price, wholesale, cattle, corn-fed, Chicago
dol. per 100 lb- 12. 55
7.44
8.57
8.23
8.50
8.71
8.40
8.46
9.36
9.17
11.98
10.88
12.33
Hogs and products:
Hogs:
Movement, primary markets:
!
0 gQ7
2 519
Receipts
thous of animals
1 650
2 674
3 076 l>] 2 684
2 067
2 093
3 218
1 823
3 140
2 422
1 622
Slaughter, local .
thous. of animals
1 138
1 223
1 883
2 272
1 934
1 777
2 032
1 420
1*531
2 338
2 189
1 651
1 126
Slaughter, inspected. (See Leather
and leather products.)
Shipments, total
thous. of animals..!
506
759
781
732
798
645
561
771
881
953
76-1
601
598
Stocker and feeder
thous. of animals. _
28
45
28
39 !
46
59
66 i
52
67
42
26
32
30
Price, heavy, Chicago
dol. per 100 lb- 8.96
4.34
3.87
3.58
6.19
4.85
5.95
7.23
5.95
6.51
8.49
7.99
9.29
Pork, including lard:
Consumption, apparent
thous. oflb—
377 014
518, 588 631, 250 577, 166 493,580 i "550 984 «442 693 °568 257 0570 492 a486 499 482 726 365 749
24 165
Exports, totalf
. . . . . thous of Ib
14, 787
49 762
56 251
51 243
79 942
45 644
34 023
35 737
41 650
25 670
27 419
19 364
7 193
IQ 739
Lardf
thous of Ib
41 008
39 350
66 167
33 466 ' 29 358
26 870
31 506
17 667
15 890
16 170
10 635
Prices:
j
Hams, smoked, Chicago
dol. perlb.J
.106
.138
.156
.171
.136
.172
.184
.176
.164
.161
.165
.176
.167
!
Lard:
!
Prime contract, N. Y
dol. per lb__|
.138
.071
.066
.068
.072 j
.090
.102
.101
.112
.122
.143
.136
144
Refined, Chicago*—.
dol. per Ib—
.143
.073
.073
.081
.099 !
.070
.108
.116
.116
.131
.144
.145
.148
•Revised.
* New series. For earlier data, see p. 20 of the November 1932 issue, rye: p. 18 of the January 1934 issue, wholesale price of lard, and p. 20 of this
issue, wholesale price of wheat, No. 1, dark Northern, spring, Minneapolis.
t Data revised. For revisions of wheat flour, production and consumption (Russell's) from July 1931 to December 1932, see p. 19 of the August 1933 issue. For revisions
of beef and veal exports for 1932, see p. 40 of the June 1933 issue. For revised export data for 1933, see p. 20 of the September 1934 issue.
• Dec. 1 estimate.
• Represents the visible supply east of the Rocky Mountains as reported by Dun & Bradstreet.
4 Government slaughter not included, see p. 44.
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
1935
June 1935
1934
April
April
May
June
July
1935
Decem- January
August SeptemOctober November
ber
ber
F a
Z ' \ Moreh
FOODSTUFFS AND TOBACCO — ContiDued
LIVESTOCK AND MEATS— Continued
Hogs and products— Continued.
Production, inspected slaughter, total
thous of Ib
Lard
thous. of lb_. -""IStocks, cold storage, end of mo.
thous. of lb-_ 666, 619
Fresh and cured
thous. of lb__ 565, 699
Lard
thous. of lb-_ 100, 920
Sheep and lambs:
Lamb and mutton:
Consumption, apparent A
thous. of lb._
Production, inspected slaughter A
thous. of Ib _
Stocks, cold storage, end of mo.
thous. of lb-_
3,030
Movement, primary markets:
2,106
Receipts
thous.
of
animals
._
1,223
81auCThter local
thous. of animals -_
Slaughter^ inspected. (See Leather and
leather products.)
886
Shipments total
thous. of animals __
88
Stocker and feeder
thous. of animals..
Prices, wholesale:
4.00
Ewes Chicago
_dol. per 1001b__
6.58
Lambs Chicago
dol. per lOOlb.Poultry and eggs:
Eggs:
1,866
Receipts 5 markets
thous. of cases _ _
Stocks, cold storage, end of month:
Case
thous. of cases—
3,902
Frozen
thous. of Ib— 59, 309
Poultry:
Receipts, 5 markets
thous. of lb._ 14, 178
Stocks, cold storage, end of mo.
thous. of Ib.- 61, 721
TROPICAL PRODUCTS
Cocoa:
Imports #
l°ng tons— 17, 051
.0491
Price, spot, Accra, N. Y
dol. per lb~
Shipments, Gold Coast and Nigeria
long tons.. 22, 657
Coffee:
1,138
Clearances from Brazil, total.thous. of bags—
612
To United States.
___thous. of bagsImports into United States #. thous. of bags. . 1,061
.071
Price, Rio No. 7, N. Y.
dol. per lb~
1,344
Receipts at ports, Brazil
thous. of bags—
Stocks, world total* incl. interior of Brazil
thous. of bags...
0)
Visible supply, total excl. interior of Brazil
thous. of bags..
7,153
715
United States
thous. of bags-Sugar:
Raw sugar:
Cuba:
Stocks, total, end of month
thous. of long tons—
2,465
United States:
Moltings 8 ports t
long tons__ 340, 929
Price, wholesale, 96° centrifugal, New
.033
York
dol. per Ib—
Receipts:
From Hawaii and Puerto Rico
long tons— 168, 519
Imports t#
long tons— 242, 346
Stocks at refineries, end of mo.f
long tons.. 567, 039
Refined sugar:
Exports including maple!
long tons
4, 209
.052
Price, retail, gran., N. Y
dol. per Ib—
Price, wholesale, gran., N. Y._dol. per Ib—
.049
Receipts:
From Hawaii and Puerto Rico*.long tons.. 12,806
Imports:
45, 164
Cuba*
long tons
Philippine Islands*
long tons . 4,816
Shipments , 2 ports!
long tons _ _
Stocks, end of month, 2 ports! ..long tons..
Tea:
Imports #
thous. of lb-_
6,049
Price, wholesale, Formosa, fine, N. Y.
dol. per Ib —
.275
572, 457
113, 056
699, 676
137, 597
633, 062
124, 069
574, 229
107, 101
452, 672
78, 125
427, 324
69, 424
835, 185
656, 087
179, 098
823, 808
641, 568
182, 240
823, 560
628, 425
195, 135
853, 063
643, 566
209, 497
709, 165
542, 010
167, 155
652, 274 610, 256
524, 220 504, 737
128,054 105, 519
561, 807 "669, 797
88,548 « 108, 746
641,917
109, 999
484, 691
78, 393
385,906 1 351,302
61,221 J 55,640
675, 740
571,913
103, 827
805, 670
687, 563
118, 107
780, 481
667, 984
112, 497
776, 795 1 a 732, 280
666, 598 ' a 627, 346
110, 197 <* 104, 934
47, 676 <* 47, 167 <> 45, 726 a 47, 467
0
57, 191
55, 209
63, 765
50, 806
50, 678
a 53, 665
45,856
47,286 « 45, 846 a 47, 567
a
57, 313
56, 061
64, 478
52, 451
50, 625
52,990
45,600
46, 976
56,365
56,179
1,281
1,363
1,450
1,518
1,608
2,400
3,074
4,687
4,560
3,819
3, 506 !
« 3, 218
1,838
959
2,114
1,014
1,810
918
2,152
998
2,615
1,106
3, 324
1,384
4,056
2,126
1,833
1,017
1,542
902
1,749
1,022
1,522 i
850 i
1,803
1, Oil
872
135
1,104
155
891
115
1,155
190
1,482
390
1,931
774
1, 943
908
819
283
644
133
720
151
666 !
134 j
784
137
4.75
8.90
3.00
8.97
1.63
7.24
1.78
5.91
1.47
5.59
2.09
5.56
2.00
5. 56
2.00
5.61
2.63
5.98
3.91
6.53
4. 09
6.47
2,051
1,927
1,452
1,009
828
665
655
588
642
750
858
4,640
62, 632
7,819
93, 947
8,965
116, 058
8,961
121, 564
7,938
111,994
6,803
99,951
4,633
88, 715
2,380
76, 073
648
64, 879
39
52, 726
4. 13
6.63
!
1,488
34 | « 1, 508
39,413 i « 39, 516
13, 347
19, 604
22, 755
22, 417
21, 861
24, 725
31, 383
64, 370
59, 223
23, 641
49, 212
39, 790
40, 609
44, 904
46, 053
55, 262
73, 401
105, 565
132, 001
122, 285
106, 776
26, 539
.0539
8,044
.0561
10, 843
. 0572
10, 456
.0535
10, 914
.0535
18, 973
.0510
17, 154
.0485
16, 713
.0487
10, 933
.0504
23, 378
.0527
46, 706
.0525
44, 285
.0500
22,287
9,850
10, 568
10, 798
15, 803
3,441
11, 822
32, 462
45, 259
59, 032
52, 091
30, 175
842
425
996
.104
1,212
903
418
790
.103
780
1, 449
546
736
.102
901
787
512
788
.095
919
1,077
649
758
.097
1,245
1, 467
783
919
.095
1,047
1,308
815
1,018
.094
1,154
978
514
1,021
.093
1,113
1,076
572
762
.093
1,105
1,096
609
1,059
.094
1,093
31,118
29, 309
27, 141
26, 168
25, 904
8,600
891
8,564
932
8,526
886
6, 642
716
6,537
705
0)
0)
8,496
955
8,499
916
2 22, 266 2 21, 133
8,302
818
7,064
866
0)
6,820
820
16,501 1
13,542
! a
83, 713
1,118 :
724 !
1, 199 ;
.085 !
1,029
1,006
610
1, 201
.076
1,514
0)
0)
6,477
878
(
6,915
769
1
2,422
2,475
2,364
2,212
2,041
1,764
1,589
1,345
983
930
1,789
2,317
272, 885
344, 352
350, 731
300, 448
307, 685
350,048
411, 507
278, 822
227, 522
356, 818
300,884
327,724
.028
.028
.029
.032
.033
.029
.029
.029
.029
.028
.029
.030
155, 446
214, 079
146, 258
250, 111
149, 087
197, 640
188, 196
53, 117
73, 180
91, 212
98, 415
683, 137
49, 393
241,262
65, 794
165, 562
58, 463
260, 715
100, 368
484, 448
151,033
139,153
181,898
205,251
516, 505
561, 680
537,831
633, 593
626, 796
501, 240
363, 952
456, 679
718, 953
483, 143
439,952
508,114
4,246
.051
.044
5,622
.051
.041
4,649
.052
.045
6,376
.055
.047
9,494
.055
.047
13, 369
.055
.047
24, 453
.053
.045
21,461
.052
.043
8,948
.052
.042
10,307
.051
.042
7,932
.051
.043
15, 294
14, 180
12, 366
11, 039
536
3,089
0
670
2, 528
6,972
18,816
13,158
15, 439 134,194 64, 724
0
0
2,619
a
44, 971 00 55, 477 ao 42, 481
« 4, 415
10, 565 15, 854
4,911
2,435
36, 981
23, 429
6,343
53
37, 414
25, 969
53, 2SO
18
42, 309
18, 110
18,385
0
15,263
729
16, 473
21,512
29, 518 " 50, 901
18, 690 « 10, 756
9,913
a
a
21, 226
18, 317
590
3, 323
0
40, 450 - 049, 973
0
12, 122
8, 565
20, 194
. 055
.046
4,493
4,389
5,419
6,471
9,193
7,426
7,942
7,668
5,015
7,385
6, 524
8, 401
.193
.199
.215
.215
.215
.215
.215
.215
.215
.215
.275
.275
16, 792
16, 884
12, 945
10, 010
16, 433
24, 420
25, 106
24, 935
24, 596
20, 475
21,238
21,753
37, 906
229, 108
34, 848
203, 316
30, 699
263, 883
33, 240
20, 288 26, 966
941, 121 889, 651 367, 430
24, 350
362, 326
21,616
348, 805
27 454
659,355
676,996
MISCELLANEOUS PRODUCTS
Candy sales by manufacturers-.thous. of dol—
Fish:
Landings, fresh fish, principal ports
thous. of Ib
Salmon, canned, shipments
cases —
Stocks, total, cold storage, 15th of month
thous. of Ib—
33, 392 37, 791
496, 061 832, 225
22, 068
20, 553 34, 674
62, 601 73, 637 77, 151 77, 126 73, 850 64, 176
15, 839
50, 777
51, 574 ; 35, 213
a Revised. Note major correction in data on imports of sugar from Cuba June-November 1934.
* New series. For earlier data, see p. 20 of the August 1934 issue, for receipts of refined sugar from Hawaii and Puerto Rico and imports from Cuba. Data prior to May
1934 not available on imports of refined sugar from the Philippine Islands.
f For revised data for 1932 on sugar meltings and stocks, see p. 41 of the May 1933 issue. For 1932 revisions of sugar imports and exports, see p. 41 of the June 1933 issue.
For revisions of exports in 1933, see p. 20 of the September 1934 issue. Revised data on shipments and stocks of refined sugar at 2 ports will be shown in a subsequent issue
Change resulted from a reduction in the number of reporting refineries.
# See footnote on p. 35 of this issue. Data revised for 1933, See p. 20 of the October 1934 issue.
1 Data not available.
2 Total incomplete.
A Government slaughter not included, see p. 44.
June 1935
SURVEY OF CURRENT BUSINESS
Monthly statistics through December 1931, 1935
ences to the sources of the data, may be found
in the 1932 Annual Supplement to the Survey
--,
A
Apni
April
May
June
July
43
1934
1935
August
Decem- January Febru» October November
ary
ber
March
FOODSTUFFS AND TOBACCO—Continued
Small cigarettes
millions-- 10, 697
9,294
11, 174
12, 045
10, 294
11,337
11, 355
11,810
9,210
10, 718
9, 306
9,727
Large cigars
thousands 373, 673 345, 067 380, 450 404, 456 378, 056 425, 453 394, 862 494, 456 466, 164 317, 563 327, 578 320, 864
Manufactured tobacco and snuff
thous. of lb__ 27, 689 27, 260 29, 056 29, 420 28, 691 30, 948 27, 234 30, 506 27, 769 22, 709 30, 120 26, 103
Exports, cigarettes .
thousands 261, 677 344, 740 336, 264 252, 609 225, 387 310, 334 260, 409 280, 590 282, 269 288, 768 332, 412 329, 290
Prices, wholesale:
5.380
Cigarettes..dol. per 1,000__ 5.380
5.380
5.380
5.380
5.380
5.380
5.380
5.380
5. 380
5.380
5. 380
Cigars
dol. per 1,000— 46. 041 46. 839 46. 839 46. 839 46. 839 46. 839 46. 839 46. 742 46. 697 46. 697 46. 697 48. 820
10, 200
351, 694
27, 970
323, 732
5. 380
46. 820
FUELS AND BYPRODUCTS
COAL
Anthracite:
Exports
thous, of long tons..
82
121
125
71
89
90
87
122
91
116
84
120
140
Prices:
Retail, composite, chestnut
dol. per short ton_. 12.47
12.94
12.34
12.40
12.60
13.05
13.04
13.02
13.02
12.83
13.11
13.01
13.01
Wholesale, composite, chestnutt
9.084
doi. per short ton.. 9.132
9.459
9.760
9.841
9.716
9.216
9. 451
9.598
9.815
9.833
9.847
11. 033
Production!
thous. of short tons.. p4, 792
4,837
5,250
4,184
3,977
3,082
3,443
3,584
4,181
5,691
4,505
4,729
4,705
Shipments!
thous. of short tons
4,491
2,974
4,168
4,173
3,495
3,401
4,214
3,946
2,555
3,110
3,601
5,071
4,027
Stocks in storage: •
1,165
690
Total
thous. of short tons
1, 541
1,769
2,506
921
456
2,197
2,673
2,540
1,921
774
1,415
Stocks, in yards of dealers, end of month
no. of days' supply _44
69
24
80
54
65
79
36
23
24
60
61
Bituminous:
Consumption:
3,969
3,241
Coke plants
thous. of short tons
4,306
4,757
4,459
3,529
3,438
4,199
4,178
4,381
3,376
3,481
3,637
Electric power plantsf.-thous. of short tons.. 2,538 "2, 393 «2, 653 °2, 807 "2, 945 "3, 007 "2,742 "2, 915 «2, 698
2,870
3,011 « 2, 677
" 2, 644
4,804
Railroads
thous. of short tons
4, 837
5,094
4, 553
4,543
4,801
5,248
5,550
5,089
4,855
4,735
Vessels, bunker
thous. of long tons
122
95
81
107
98
101
119
109
120
89
79
82
99
Exports . _
_ thous. of long tons__
675
1,074
882
991
1,033
351
1,108
1,059
1,036
949
537
366
356
Price, retail composite, 38 cities
dol. per short ton..
8.24
8.13
8.23
8.31
8.18
8.30
8.35
8.35
8.36
8.37
8.18
8.39
8.39
Prices, wholesale:
Composite, mine run... dol. per short ton.. 4.180
4.120
4.179
4. 200
4.192
4.180
4.185
4.199
4.190
4.190
4.190
4.180
4.180
Prepared sizes (composite)
4. 236
dol. per short ton.. 4.314
4.217
4.233
4. 343
4.435
4.449
4.449
4.393
4.460
4.459
4.462
4. 446
Production f
thous. of short tons . *21, 920 24, 599 27, 385 25, 877 24, 869 27, 452 27, 772 32, 807 30, 856 32, 331 «36,681 "34,781 " 38, 655
Stocks, consumers, end of month
thous. of short tons.. 36, 330 27, 711 28, 490 29, 493 30, 387 31, 441 33, 077 35,810 36, 356 34, 476 32, 045 32, 197 " 38, 543
COKE
Exports
thous. of long tons. .
25
52
114
92
42
32
18
105
66
83
25
23
127
Price, furnace, Connellsville
dol. per short ton..
3.59
3.64
3.60
3.73
3.73
3.73
3.73
3.73
3.73
3.73
3.73
3.73
3.70
Production:
67
Beehive!
thous. of short tons
61
51
84
51
55
94
51
44
76
88
93
101
2,875
3,192
Byproduct!
.- thous. of short tons . 2,670
2,990
2,175
2,317
2,802
2,781
2,911
2,381
2,280
2,267
2,418
Petroleum
thous. of short tons..
101
74
104
110
129
96
101
113
97
116
119
110
Stocks, end of month:
1,964
Byproduct plants
thous. of short tons.. 3,019
1,948
2,047
2, 846
3,418
3,418
3,129
2, 961
2,312
2,648
3,081
2, 860
Petroleum, refinery
thous. of short tons
553
515
504
4S4
464
367
405
353
494
478
459
375
PETROLEUM AND PRODUCTS
3 rude petroleum:
Consumption (run to stills) thous. of bbl
76, 258
73,611
73, 563
73, 784
76, 054
75, 991
80, 065
76, 593
79, 928
75, 456
70, 817
76, 630
Imports #
thous. of bbl _
2,651
2,877
3,442
3,270
2,561
2,621
2,395
2, 794
3,947
3,448
1,699
1,753
3,227
Price, Kansas- Oklahoma
dol. per bbl._
.940
.940
.940
.940
.940
.940
.940
.940
.940
.940
.940
.940
. 940
Production !§
thous. of bbl._
75, 796
79, 870
75, 810
80, 040
81, 548
76, 776
72, 463
72, 763
79, 058
75, 010
81,488
78, 715
Refinery operations
pet. of capacity..
70
71
73
68
67
70
69
72
72
69
68
Stocks, end of month:
California:
Heavy crude and fuel oil§_thous. of bbl__
78, 965
76, 604
74, 815
69, 490
67, 133
59,714
73,834 i 71, 207
63, 891
61, 861
60, 879
60, 689
Light crude §
thous. of bbl_.
35. 659
35, 467
36, 672
37, 209
37, 447
3G, 872
35, 507
35,881 ; 36, 279
37, 290
37, 529
37, 823
East of California, total ! §-,__thous. of bbl__
312, 005 313, 840 315, 263 312,938 308, 138 305, 740 302, 636 297, 068 292, 810 293, 226 292, 776
295, 351
Refineries ! §
thous. of bbl__
55, 482
57,069 1 56, 738
56, 245
55,959
55,432
56, 339
55, 253
56,316
57,651
55, 019
55, 892
Tank farms and pipe lines! §thous. of bbl
256, 523 256,771 i 258, 525 256,979 : 252,706 i 249, 495 246, 297 241, 815 237, 791 237, 334 236, 460
237, 700
Wells completed!!
number..
914
1,112
1, 182
1,047
1,234
1,032
1,004
1,103
1,126
1,216
1,050
1,209
Mexico:
Exports
thous. of bbl_. 2,162
2,179
2,167 a 1, 988 «2,622 "2,100 ; 2,573
1,407
1,646
1,221
1,957
1,579
2,149
Production
thous. of bbl__ 3,120
3,394
2,894
3,206
2, 715 \ •2,919 «3,303 i «3,435 ; "3,277
3,333
3,425
2,662
3,519
Venezuela:
Exports
thous. of bbl._ 11,321
11,112
9,962
10,723 \ 10,822
9,944
10,576
10,661 ! 10, 586
10, 930
10,319
11,528
10, 510
Production thous. of bbl
11, 141
11, 028
11,542 ! 11,203 ; 11,976 . 12,233 , 12, 076
12, 241
11,732
12, 115
11, 654
12, 451
10,916
» Revised.
v Pre liminary
~.4-r, ~t 4-^V
r~~ inoo
f Revised series. For revisions refer to the \-nA\nn±nA
indicated pages of the monthly issues, as follows: Exports
of tobacco for inoo
1932, ^p. 42, June 1933—data revised for
1933.
See p. 20 of the September 1934 issue; 1932 final revision of anthracite and bituminous coal production, p. 42, January 1934. Bituminous coal production revised for 1933 and
1934. Revisions not shown in the May 1935 issue will appear in a subsequent issue; anthracite shipments for 1932, p. 42, December 1933; consumption of bituminous coal by
electric power plants for 1932, p. 42, May 1933; for 1933, p. 42 May 1934. Data also revised for 1934. Revision not shown above will appear in a subsequent issue: beehive
and byproducts coke for 1932, p. 43 of December 1933 issue and for 1933 revisions see p. 43, July 1934. Crude petroleum production, stocks, east of California (total), at refineries
and at tank farms and pipe lines, and wells completed, for 1932. See footnote on p. 56, November 1933.
# See footnote on p. 35 of this issue. Data revised for 1933. See p. 20 of the October 1934 issue.
J Price converted to short-ton basis. Data prior to November 1931 not published.
«Dec. 1 estimate.
§ Data revised for 1933. See p. 20 of the January 1935 issue.
• Beginning with August 1934 certain anthracite stocks were included which had not been covered in previous reports. The original figure for the end of August 1934
was 2,023,120 tons; revised for the month was, as shown, 2,197,411 tons.
;;;;;;;;;
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
1935 I
June 1935
1934
April j April
May
June
1935
Decem- January! F ^ru- ;
August SeptemOctober November
ber
ber
July
FUELS AND BYPRODUCTS—Continued
PETROLEUM AND PRODUCTS— Con.
Refined products:
Gas and fuel oils:
Consumption:
Electric power plants! -.--thous. of bbl—
773
Railroads
tlrus. of bbl—
.
Vessels, bunker
-thous. of bbL.; 2. 402
Price, fuel oil, Oklahoma, 24-26 refineries |
dol. per bbL. \
.750
Production:
Residual fuel oil*!§
tbous. of bbl—
Gas oil and distillate fuels* !§
thous. of bbl—
Stocks:
Residual fuel oil, east of California*! §
tbous. of bbl—
Gas oil and distillate fuels, total* §
thous. of bbl
Gasoline:
Consumption! §
-.tbous. of bbLExports •
_
-thous. of bbL- 1,330
Exports, value. (See Foreign Trade.)
Price, wholesale:
Drums, delivered, N. Y
dol. per gaL. 138
Refinery, Oklahoma
dol. per gaL. 051
Price, retail, service station, 50 cities
dol. per gaL.
Production:
At natural gas plants! §. — thous. of bbL.i
At refineries!!
thous. of bbL-!
Retail distribution (41 States)!
mills, of galStocks, end of month:
i
At natural gas plants^
thous. of bbLAt refineries! §
thous. of bbl
Kerosene:
Consumption!!
thous. of bbl—
Exports
thous. of bbL498
Price, 15~6° water white, refinery, Pa.
dol. per gaL.
.050
Production!
—thous. of bbl._!
Stocks, end of month§
thous. of bbl—
Lubricating oil:
Consumption!!
thous. of bbLPrice, cylinder oil, refinery, Pa.
i
dol. per gaL.
. no
Production!
thous. of bbLStocks refinery endofmo§ thous. of bbL _
Other products:
Asphalt:
!
Imports#.
..thous. of short tons—
i
Production!!
thous. of short tons,.
Stocks, refinery, end of month
thous. of short tons— i
Coke. (See Coke.)
Wax:
Production
thous. of lb—
Stocks, refinery, end of mo §. thous. of lb_.
i
i
3,118 !
2,457 |
"813
3, 174
2, 652
.750 !
.750
19, 344 1 20, 297
7,563 |
.
;
!
!
a
a
859
3,234
2,530
890
3,242 !
2,412
.750
.725 i
.725
.725
.725
;
20,139
19,447
20, 070
19,913
8,298
7,904
20, 136 i 20,824
7, 761
8,042
7,651
° 926
3,216
2,633
°866
3,282
2,350
8,723 !
a 926
3,494
2, 354
894
3,353
2,434
a 79Q i
3,108 i
2, 148
a 8] 2
2, 698
.750
20, 335 j
19, 178
20, 453
8, 044
8, 136
7, 696 ,
7, 147
8, 678
26,579
25, 274 I
24, 136 ;
18,021
16,260 i
16,052
28, 062 ! a 26, 432 ,
1,845
1,092 i
31, 997
2,081
19, 249
21,659 i 24,645
26,768
27, 379
28,081
13, 174
16, 313
19,603
22,927
24,295
24,848
24,449 ! 21,957
32, 735
2,436
38, 141
1,643
36, 296 ! 37,395
1,780 I 1,495
38,941
1,766
34,934
1,677
.145
.045
.150
.048
. 155
.047
.155
.046
37, 535 34, 961
1,823 I 1, 833
j
.155
.165
.043
.046
.136
.139
.141
.140
.139
.136
,119
.124
2,926
34, 097
2,907
35, 194
2,838
34, 850
2,960
37,078
3,031
37,296
3,046
34,488
3, 238
36, 282
3,212
35, 591
1, 090
1, 123
1,074
1,094
1, 022
1,590 j 1,589
33, 190 ! 30, 421
1,346
28, 949
1,083
26, 340
889
25, 201
j
892
3,437 !
2, 477 j
21,006
16, 501
i
i
!
15, 673
. 155
.045
i
.750 !
11, 403
.155
.046
i
i
800 !
3,215 !
2,250 I
Mflrch
30, 486
1,429
.161
.046
3,236
35, 997
.750
. 750 !
. 136 !
.045 i
. 128 i
.044 !
. 750
23, 614
. 120
.046
l
3,223
35,314
1,461 I
1,472 I
33,224 ! 38,548 |
}
|
4,299 ! 4,597 |
691 j
441 !
1,778
40,220
3,286
35,330
2,952
32,702
979
1,062
1,067
1,276
40, 914
1,517
36,507
1,646
33, 885
3,654
1,148
3,222
648
2,372
962
2,815 !
751 >
2,804
976
3,571
789
3, 956
QK7
yo/
4,451
.048
4,647
4,822
.047
4,548
5,470
.048
4,206
6,335
.046 1
4,320 !
7,062 ;
.046
4,376
7,651
.047
4,262
7,539
.049
4,889
7, 497
.048
4,786
7,199
.046
4,777
6,398
. 047 !
5,011 1
6,388 j
. 049
4,791 ;
6,119 ;
. 050
5,215
6,834
1,651
1,941
1,569
1,491
1,498
1,387
1,677
1,495
1,394
1,557
1,297
1,617
.220
2,322
6,796
.219
2,577
6, 773
.208
2,211
6,752
.183 !
2, 209 !
6 782 i
.148
2, 152
6 841
.160
2,106
.146
2,145
.134
2,090
c ooy
CAQ
o,
.126
2,346
. 110 :
2,175 |
7, 100 ;
. 113
2,028 :
7, 416
3
205
1 ;
250 '
3
278
378
382
358
39, 480
91, 763
41, 720
101,551
40, 320
108, 087
R OAK
&, QOQ
yoy
£>OK
0/0
931
0
1, 336
28,311
4,761
7
11 1
3
1
1
1
0
0
318 i
320
263
153
5
267
i
33g
359 i
339
315
292
307
1
34, 160 33, 880 33, 8*0 39, 480 39, 480 37, 520
115, 137 | 119, 702 j 118, 991 123, 099 130, 222 136, 136
848
•
3 !
809
9
3,959
538
110
2^251
7, 277
8
147
I'll '\
1*39
ioZ
189
1OZ
Sfifi
Q7C
/mo
36,960 i 35,280
141,252 1 145,744
37,240
141,809
!
LEATHER AND PRODUCTS
HIDES AND SKINS
Imports, total hides and skins!??- thous. of lb—! 24,736 22, 625 21,235 i 22,181 ! 19,907 12,958 10,879 10, 018 11,095 12,635 16,879 | 18,568
24, 705
1,221
Calf and kip skins.thous. of lb—' 1,140
2,259
1,914
1,900
808 !
1,092
1,289 | 1,306
919
658
1,429
~
7,265
Cattle
hides
thous. of lb_. 12,815
5,184 i 9,577
8,268
4,571 i 2,408
5,342
5,610 i
7,402
2,148
3,763
11,801
6,132
Goat skins
thous. of lb9,119
5,607
7,217 ! 5,818
4,355 i 3,906 I 3,202
5,752 i 5,870
2,856
3,219
6, 480
Sheep and lamb skins
thous. of lb—
3,160
3,124
2,512 i 2,409 ! 2,658
4,247 i 3,006 , 2,930
2,549 | 2,351
2,554
2,397
3,440
Livestock, inspected slaughter:
I
I '
I
Calves A
thous. of animals—
511
526
600
541
525 j
518 '
475
541
447
387
463 |
473
851 I
CattleA
thous. of animals..
683
749
864
831
8091
832 i
642
897
796
823
981
691
Hogs
_
_thous. of animals2,178
3,411
4,218
3,763
3,323 ! 2,641! 2,601 I 3, 546
4,196
3,047 ! 2,409
4,023
2,158
SheepA
thous. of animals..
1,483 1,164
1,244 1,259
1,294 j 1,527! 1,479 i 1,657
1,295
1,345 i
1,137
1,374
1,329
Prices, wholesale:
'.
j
!
:
Packers, heavy native steers, Chicago
i
\
dol. per lb.. i
.113
.108
.104
.098
.098!
.088 i
.120
.111
.099 i
.110
. 104
.096 j
.099
Calfskins, no. 1 country, Chicago
i
!
i
dol. per lb.118
.129
.116
.106
.093 !
.076 !
.122 I
.114
.113
.092
.093 I
.110
LEATHER
,
|
Exports:
i
i
Sole leather
..thous. of lb..:
213
186
186
294
205 i
753 i
184
281 '
187
233
425
363 i
451
Upper leather! •
thous. of sq. ft6,040
5,457
4,336; 4,918
3,850 j 5,043 | 5,354 | 6,684 | 6,030
7,094
5,677 i 5,428 ; 7,307
Production:
I
Calfandkip*
thous. of skins..
999
1,032! 1,086! 1,152 i 1,177;
1,079 i 1,119 ; 1,023 :
1,095
970 | 1,161 J 1,015
Cattle hides*!
..thous. of hides1,681 1,700 ! 1,634 i 1,512! 1,678 | 1,474 i 1,678 j 1,684 • 1,683 j 1,877 » 1, 742 '
1,797
Goatandkid*
thous. of skins..
3,949
3,940
3,496!! 3,638! 3,707! 3,290 | 3,637 I 3,329 : 3,274 I 3,593 * 3,652 :
4,038
3,024
Sheep and lamb*!t
thous. of skins-;
3,672
3,180
2,641
2 , 4 5 2 s 2,334! 2,222 I 3,062 | 2,871 i 2, 707 I 3,008 * 3,108 |
Prices, wholesale:
i
!
Sole, oak, scoured backs (Boston).dol. per lb.32
.30
.30
.29
.29!
.27!
.30
.30 :
.30
.27 |
.27 | .27 i
Upper, composite, chrome, calf, black, "B" .
\
\
j
.319
.296 i
.307
.297 !
.298 i
grade
-dol. per sq. ft..;
.320
.343 i
.337!
.333;
.320 !
.300;
« Revised.
* New series. For earlier data see p. 20 of the February 1933 issue, production and stocks of residual fuel oil and gas oil and distillate fuels, and p. 19 of the June 1933
issue, leather.
f Revised series. For revisions refer to the indicated pages of the monthly issues, as follows: Consumption of gas and fuel oils in electric-power plants for 1932, p. 43,
May 1933, for 1933 revisions, p. 43, May 1934. Data for 1934 also revised. Revisions not shown above will appear in a subsequent issue; production of residual fuel oils and
gas oil and distillate fuels, stocks of residual fuel oil east of California, consumption of gasoline, production of gasoline at natural gas plants and refineries, stocks of gasoline
at refineries, consumption of kerosene and lubricating oil, and production of asphalt for 1932, p. 56, November 1933; retail distribution gasoline in 41 States for 1932, p. 43,,
May 1933, for 1933, p. 43, May 1934; production of cattle and sheep and lamb hides, p. 44, April 1934; imports of total hides and skins and exports upper leather for 1932, p. 43,
June 1933.
# See footnote on p. 35 of this issue. Imports also revised for 1933. See p. 20 of the October 1934 issue.
• Data revised for 1933. See p. 20 of the September 1934 issue.
§ Data revised for 1933. See p. 20 of the January 1935 issue.
0
New basis due to reclassification of motor-fuel stocks.
t D ata on production of sheep and lamb and goat and kid leathers, from 1927-34 have been revised. For revisions not shown on p. 44 of the April 1935 issue see p. 19 of this issue.
A Relief slaughter not included. For the period June 1934-February 1935 these totaled, cattle, 3,505,607; calves, 1,411,066; and sheep. 1,355,431.
SURVEY OF CURRENT BUSINESS
June 1935
Monthly statistics through December 1931,
together with explanatory footnotes and references to the sources of the data, may be found
in the 1932 Annual Supplement to the Survey
1935
45
1935
1934
April
April
May
June
July
August
Septem- October Novem- Decem- January February
ber
ber
ber
March
LEATHER AND PRODUCTS—Continued
LEATHER— Continued
attle hides and leathers (all kinds)
month:
thous of equiv. hides
jess and finished*
thous. of equiv. hides..
thous. of equiv. hides
14 374
14 444
14 852
15 216
16 057
16 751
17 296
17,893
18, 265
18, 208
18, 222
10, 455
4,060
10, 360
4 014
10, 291
4 153
10 321
4 531
10, 120
5 096
10, 037
6 020
10, 253
6 498
10, 7507
6 89
10, 830
7,063
11, 267 « 011, 380
6,998
6, 828
11,491
6,731
187, 068
119 189
67 879
226, 267
146 879
79, 388
192, 446
121, 183
71, 263
209, 337
134, 592
74, 745
196, 371
131 082
65 289
141,377
86, 735
54, 642
141, 124
74, 649
66, 475
177, 442
100, 424
77, 018
194, 886
114,880
80, 006
73
72
77
49
40
55
92
5.50
5. 50
5.50
5.50
5.50
5.50
4. 15
4.15
4.15
/THER MANUFACTURES
i mittens:
on (cut), total*
dozen pairs
ind semidress*
dozen pairs
dozen pairs
thous. of pairs
holesale:
black calf blucher,
on
dol. per pair-black calf oxford, lace,
;ouis
dol. per pair..
n's colored calf, Goodyear welt, oxaverage
_-_dol. per pair-on, totalf - . thous. of pairs
\
._ .thous. of pairs.
and youths' f
thous. of pairs ._
n'sf.
thous. of pairs
' and children's!
thous. of pairs..
*s, all typesf
thous. of pairs
er foot wear f
thous. of pairs
a
14, 515
82
76
75
90
88
88
5.50
5.55
5.50
5.50
5.50
5.50
5.50
4.15
4.15
4.15
4.00
28, 709
7,634
1,512
8,804
2,771
5, 212
2, 775
4.00
23, 852
6,939
1,252
6, 147
2.293
4,827
2,394
4.00
23, 200
6,563
1,194
7,746
2,401
2,892
2,404
4.15
4.15
4.15
4.15
4.15
4.15
4.15
4.00
33 135
7,973
1,359
13, 180
3,593
2 577
4.453
4.00
34, 425
8,427
1, 506
13,222
3,271
3, 639
4, 359
4.00
34, 060
8,219
1,540
12,870
3, 185
4,072
4, 173
4.00
28, 544
7, 587
1,479
9,553
2, 757
3,899
3,268
4.00
28, 394
6, 734
1, 452
11,844
2,647
3, 333
2, 383
4.00
35, 624
8,616
1, 757
15,025
3, 157
4,240
2,828
4.00
28, 184
6,969
1,321
10, 564
2,630
4,279
2,421
4.00
4.00
29, 007 « a30, 107
7,677
7, 567
1, 273
1,381
11,897 « 12, 631
3,078 «0 3, 136
1,734
2, 106
3,239 o 3, 393
4.00
33, 584
8, 136
1,384
a
13, 927
0
3,
301
0
2, 559
3
4, 279
a
0
LUMBER AND MANUFACTURES
LUMBER
Exports (boards, planks, and scantlings) * • _ .
M ft. b.
Retail movement:
Retail yards, Ninth Fed. Res. Dist.:
Sales
M ft b
Stocks, end of month
M ft. b.
Retail yards, Tenth Fed. Res. Dist.:
Sales.
_ _ _ _ M ft. b.
Stocks, end of month
M ft. b.
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
49, 276
109,919
60, 991
53, 879
62, 452
115, 145
92, 933
104, 126
93, 860
106, 766
91, 728
93, 762
m
re.
5,776 a 4( 840
67, 415 « 68, 192
6,467
63, 800
6,656
62, 665
6, 574
60, 754
8,657
64, 388
9,251
61, 864
10, 290
57, 614
7, 777
55', 191
4,019
53, 948
3,403
58, 442
2,738
63, 831
m..
m_.
2,517
26, 619
2,300
28, 052
2, 268
27, 760
2,083
27, 734
1,290
13, 643
2,103
27, 259
2,278
26, 548
2,801
26, 221
2,499
25, 929
1,626
25,399
1,735
25, 584
1,689
25, 895
2,317
26, 082
M ft. b. m..
M ft. b. re_M ft. b. m_.
M ft. b. m..
M ft. b. re_
3,634
5,195
3,942
4,148
22, 301
3,037
5, 598
4,226
4,303
19, 195
4,437
5,998
4, 480
4,512
19, 526
3,283
5,771
4,103
3,573
20, 828
4,092
5,606
2,451
4,421
19, 059
4,072
5,148
3,326
4,279
18, 741
3,165
4,700
3,529
3,386
19, 582
3.395
4,149
4,546
3,408
20, 832
2,905
3,819
2,673
3,005
20, 286
2,669
3,510
3,339
2,668
21,001
4,122
4,561
3,366
3,302
21, 059
4,630
5, 831
3,440
2,812
21, 508
2,886
5,151
3,894
2,929
22, 766
M ft. b. m._
M ft. b. re_M ft. b. m _ _
_ _ M ft. b. re.
M ft. b. re.
13, 947
10, 638
11, 698
14, 438
53, 959
5,800
12,415
10, 360
9,476
63, 938
8,646
11, 135
9,546
9,813
62, 635
6,521
9,426
8,951
7,965
63, 375
6,937
8,764
7,301
7,713
64, 251
8,061
8,241
8,115
9,041
64, 168
8,212
8,242
8,579
9,003
63, 444
9,802
7,972
9,404
10, 095
62, 793
8,262
6,425
9,182
9,533
63, 077
6,246
5,678
7,704
6,964
63, 614
9,939
6,406
8,777
8,676
63, 302
12, 264
8,504
7,773
9,015
61, 442
15, 889
10, 237
10, 245
14, 606
57, 061
150
265
135
131
1,856
1,591
113
241
116
124
1,861
1,621
94
232
146
109
1,914
1,682
98
228
116
94
1,940
1,712
105
229
101
101
1,959
1,730
94
223
105
94
1,961
1,737
101
229
98
105
1, 947
1,719
109
227
90
113
1, 927
1,700
124
261
86
109
1, 932
1,671
146
269
131
131
1,914
1, 645
173
287
146
161
1, 905
1,618
158
262
150
161
1,860
1, 598
48
424
376
44
427
383
41
442
401
39
447
408
36
450
414
37
452
415
36
445
409
38
441
403
49
432
383
59
429
370
58
421
363
54
40(i
352
110
578
468
95
580
485
95
606
511
91
623
523
96
634
538
93
638
545
99
641
541
97
639
542
106
648
542
95
644
549
109
644
536
•327
,326
17, 227
18, 204
14, 581
16, 919
12, 890
13, 090
9,578
10, 607
7, 129
13, 290
5, 048
13, 075
5,188
14, 043
38, 663
15, 623
52, 956
25, 256
14, 701
10, 422
1,173
426
7,190
3,252
60, 138
34, 513
38, 954
29, 363
35, 959
19, 715
40, 728
26, 156
45, 325
27, 565
39, 622
30, 327
43,911
25, 338
40, 708
18, 592
M ft. b. re. 180, 850
M ft. b. m.. 158, 915
141, 457
152, 648
Ilard woods
Hardwoods (Southern and Appalachian districts):
Total:
Orders:
New
mill. ft. b. re_
Unfilled, end of month
mill. ft. b. reproduction
mill. ft. b. m__
Shipments
mill. ft. b. re_
Stocks, total, end of month-.mill. ft. b. m
Unsold stocks
mill. ft. b. ie.
Qum:
Orders, unfilled, end of month
mill. ft. b. m
Stocks, total, end of month.. mill. ft. b. m__
Unsold stocks
mill. ft. b. in
Oak:
Orders, unfilled, end of month
mill. ft. b. m
Stocks, total, end of month.. mill. ft. b. m
Unsold stocks
mill. ft. b. m._
Northern hardwoods:
Production
M ft. b. m
Shipments
M ft. b. re.
So ft woods
Fir, Douglas:
Exports:!
Lumber*. _
Timber
Orders:
Newl
Unfilled, end of month
M ft. b. re_
M ft. b. re-
101, 200
3
3,340
66, 738
100
139, 666
83, 710
89, 530 143, 695 127, 132 125, 789 124, 446 128,923 141, 904 140, 114
151, 753
179, 059 153, 991 225, 167 131, 161 136, 980 140, 114 110, 121 145, 038 136, 085 153, 096
158, 467
« Revised.
Preliminary.
P
* New series. For data on lumber exports for period of January 1919 to September 1932, see p. 20 of the November 1932 issue. For earlier data on leather stocks,
see p. 19 of the January 1935 issue. New series on leather gloves and mittens cover 234 identical manufactures as reported to the U. S. Department of Commerce, Bureau of
the Census. Data prior to July 1934 are not available. These data are not comparable with figures through January 1934 previously shown in the Survey
§ Data revised for 1932, see p. 44 of the June 1933 issue, exports of Douglas fir lumber and timber.
1 Data for March, June, August, and November 1934 and January 1935 are for 5 weeks* other months, 4 weeks,
Data revised for 1933. See p. 20 of the September 1934 issue,
Digitized for•f Data
FRASER
for 1934 revised. See p. 45 of the March 1935 issue.
46
SURVEY OF CURRENT BUSINESS
1934
1935
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 1935
April
April
May
June
August September
July
N
1935
D
00^ j <£r tr-
January I F^u'
March
LUMBER AND MANUFACTURES—Continued
LUMBER— Continued
Softwoods— Continued
Fir, Douglas— Continued
Price, wholesale:
No. 1 common
dol. per M ft. b. m__
Flooring, 1 x 4, "B" and better
dol. per M ft. b. m__
Produetion1-__
M ft. b. m._
Shipments^--M ft b. m
Hemlock, northern:
Production
M ft. b. m__
Shipments
M ft. b, m
Pine, northern:
Orders, new
M ft. b. m__
Production
M ft b m
Shipments
M ft. b. in
Pine, southern:
Exports:
Lumber§
M ft. b. m__
Timber§
M ft b m
Orders:
New
M ft b m
Unfilled, end of month
M ft. b. rn__
Price,
flooring
dol. per M ft. b. in__
Production
M ft. b. m._
Shipments
M ft. b m
Redwood, California: J
Orders:
New
M ft. b. m
Unfilled
M ft b m
Production
M ft. b. m
Shipments
M ft. b. m
FURNITURE
Household:
All districts:
Plant operations* . percent of normal __
Grand Rapids district:
Orders:
Canceled—
percent of new orders _ _
New
no of days' production
Unfilled, end of month
no. of days' production..
Outstanding accounts, end of month
no. of days' sales. _
Plant operationsf
percent of normal
Shipments
no of days' production
Southeastern district:
Orders, unfilled, end of month
dol average per firm
Shipments
dol average per firm
Prices, wholesale:
Beds
1926=100..
Dining-room chairs, set of 6
1926=100..
Kitchen cabinets
1926=100
Living-room davenports
1926 = 100_ _
Steel furniture. (See Iron and Steel Section.)
j
16.00
19.00
18.00
18.00
18.00
18.00
16.00
16. 00
16 00
16 00
34. 00
158, 467
170 554
37.00
152, 648
136, 980
37.00
132, 056
106, 988
37.00
77, 443
68, 042
37.00
69. 833
65, 804
30.00
144, 143
162, 049
34.00
140, 561
144 590
34.00 I 34.00
129,370 ; 122,656
113 703 i 123 998
34.00
103,407
113 703
34.00
110,569
118 627
6,588
7,631
5,658
8,734
10, 159
8,725
11,550
6, 157
7,861
10, 046
5, 920
10, 198
4,435 ! .._ _
11,014 i
5.818
5 511
5 638
5,924
4, 356
6. 384
6, 970
8,933
6,000
8,794
11, 134
8,317
5,341
11 266
7,482
6,754
8 664
6,902
4, 198
5 189
6 457
6,044
1 014
5 526
4,718
608
4 237
5,530
667
5 097
19,715
8 243
27, 735
3,725
23, 113
8, 885
26, 604
6 506
28, 502
9 557
26, 698
7 754
22, 129
10 082
22,884 1 23,386
9 474 i 6 471
24,851
7 450
23,576
9 234
117 256
62, 968
34.94
106,911
112 480
110, 348
97, 498
38. 28
116,615
108, 320
121 028
82,514
37.86
117, 665
122, 202
100 863
76, 325
38.02
107, 606
115,461
90 796
77, 599
36.55
99, 222
96 295
113 561
64, 366
34.77
98, 961
113 913
99 840
58, 987
34.97
97, 928
103 908
19, 217
30, 693
24, 482
20, 644
23, 300
33 740
26, 199
20, 147
17, 958
32 769
25, 880
19, 402
15, 834
29 534
20 647
18, 156
19, 704
24 946
25, 930
25, 444
21, 168
21 930
25 449
23. 991
41.0
30.0
30.0
32.0
35.0
39.0
8.0
7
9.5
5
8.0
7
7.0
7
5.0
9
5.0
g
16. 00
6,503
3 266 ;1
7 755
i
i
i
i
i
101 585
59,678
35.03
96,490
108,715
79 842 106 173
49, 164 ! 48, 530
35.00 i 34.49
79,258 99,548
74 603 102 401
!
•
!
!
20,424
16 868
26,345
19, 755
15,932 • 27,009
14 604
24 621
21 242
19 868
17,934
16,549
42.0
41.0 <
42.0
39.0
39.0
5.0
9
6.5 !
10
6.0
10
13. 5
5
3. 0
16
113 '^00
62,827
34.99
102,324
114 402
22
16
28
25
811
873
215
204
16.00
5,532 !
1 5°9
5 303
21,576
8 652
4.510
° 004
6 355
21,311
4 037
102 395 110 449
55. 707 ' 55. 898
34.51
34.55
101,578 103,471
100,752 110 2«3
24,3^0
29, 707
22,915
18,311 ••
43.0
26 578
°7 717
22 697
2*328
47.0
4. 5 i
9 :
6, 0
9
8
6
7
7
9
9
9
8
9
5
13
13
11
17
36 0
8
18
27.0
7
16
27.0
6
15
19 0
5
15
22 0
7
16
24 0
8
17
25 0
8
18
25 0
10
16
34 0
8
15
32.0
7
16
31.0
7
17
34.0
8
17
39.0
9
18 911
46, 177
18 934
44, 612
26 360
30 821
40 317
46 943
34 759
63 349
32 674
60 211
24 284
64, 616
19,071
46, 721
22,070
31,311 i
!
__'
74.9
90.1
87.5
79.4
73.2
90.1
87.5
79.4
71.5
90.1
87.5
79.4
71.5
90.1
87.5
79.4
71.5
90.1
87.5
79.4
71.5
90.1
87.5
79.4
71. 5
90. 1
87. 5
79. 4
70. 9
90. 1
87. 5
76. 6
68. 4 !
90.1 !
84.1 1
76. 6 !
68. 4
90. 1 j
87.5
76. 6
68. 5
89.9
81.9
76. 6
68. 5
89.9
86.0
76. 6
68.5
89.9
86.0
76.6
METALS
..
AND MANUFACTURES
IRON AND STEEL
Foreign trade, iron and steel:
Exports§ __
long tons 205, 336 201, 539 241, 753 219, 406 233, 186 242, 947 301, 330 220, 209 299, 263 282, 655 262, 740 228, 537
Imports*#
long tons
28, 786
26, 862
29, 465
24,858 17,676 32, 418 23, 847 20, 202 35, 272 19, 708 22, 784 28, 905
Price, iron and steel composite *
32.54
32.39
32.58
32.15
32.10
dol. per long ton..
32.29
32.15
32.97
32. 96
32. 32
32.24
32.67
Sales, iron, steel, and heavy hardware
January 1921 = 100. _ 0)
114
105
109
82
87
0)
0)
0)
0)
(0
(0
Ore
Iron ore:
Consumption by furnaces
2,467
1,506
2,280
1,298
1,306
thous. of long tons.. 2,356
1,236
2,470
1,444
2,958
2,721
1,600
95
73
86
79
99
Imports#
thous of long tons
113
77
128
202
154
188
196
Receipts:
Lake Erie ports and furnaces
0
0
0
421
1,761
119
2.343
thous. of long tons..
0
3,092
1,468
3, 118
3, 362
0
0
0
257
o
960
1,025
Other ports
thous of long tons
180
683
1, 151
1, 090
1,147
0
0
0
484
2,641
Shipments from mines. _thous. of long tons..
400
3,439
0
5 , 631
4, 461
4, 432
4,162
Stocks, total, end of month
thous. of long tons.. 24,817 aa 26, 537 2£,598 27,043 29,961 32, 713 34, 914 36, 341 35, 874 34, 373 32, 027 29, 558
20, 644
At furnaces _ .
thous. of long tons
21, 966
21,218 22, 700 25, 461 27, 858 29, 713 31, 056 30, 625 29, 218 27, 004 24, 690
4,868
5,155
5,023
5,249
4, 173
5,285
Lake Erie docks
thous. of long tons__
5,201
4,571
4, 343
4, 500
4,380
4,856
Manganese ore, imports (manganese content)*
14
7
13
13
thous. of long tons__
10
20
21
5
49
48
30
Iron, Crude and Semimanufactured
Castings, malleable: *
Orders, new
short tons_. 37, 394 38, 453 35, 639 24,499 '. 21,862 21, 306 19,511 18, 785 28, 530 36, 505 44, 568 41,225
Production
short tons
42, 035
40, 742
37, 165
28,340 23,388 23, 910 21, 541 25, 317 28, 515 32, 746 43, 400 41,377
49.9
38.7
50.8
33.5
30.3
25.6
51.1
Percent of capacity __
47.9
42.7
33.4
27.6
27.8
Shipments
short tons.. 46, 090 39, 817 3£ , 493 31,607 27,591 25, 784 20, 360 21, 683 21,615 29, 593 41, 182 37, 650
Pig iron:
Furnaces in blast, end of month:
Capacity
long tons per day
53, 555
63, 270
31,295 28, 215 31,310 29, 395 37, 615 54, 605 56, 695
67, 300
48 190
35 585
96
69
90
59
Number
62
65
97
110
117
89
75
62
1
Temporarily discontinued.
<* Revised.
* New series. Earlier data on furniture activity, all districts, prior to April 1933 not published. For imports of iron and steel, see p. 20 of the November 1932
castings, p. 20 of the April 1933 issue. New series on iron and steel composite price are shown on p. 19 of the January 1935 issue.
§ Data revised for 1932. For revisions, see p. 45, exports of southern pine lumber and timber, and p. 45, iron and steel, of the June 1933 issue. Data revised
see p. 20 of the September 1934 issue.
t Revised. Data prior to April 1933 not published.
t Beginning with January 1934 the report includes all known operators. Prior to this time approximately 89 percent of the listed capacity was included
• Imports from Cuba not included.
# See footnote on p. 35 of this issue. Data revised for 1933; see p. 20 of the October 1934 issue.
^ Data for March. June, August, and November 1934 and January 1935 are for 5 weeks; other months, 4 weeks.
16 00
34.00 •
34.00
144,143 145,038
149 067
141 009
n
323, 035
21,409
32.36
(i)
2,583
95
0
0
0
26, 932
22, 362
4,569
13
40, 237
42, 808
52.0
42, 975
57, 295
98
issue; for
for 1933;
SUEVEY OF CURRENT BUSINESS
June 1935
A
A
.,
Lii
V
1935
1934
Monthly statistics through December 1931, \ 1935
ences to the sources of the data, may be found
in the 1932 Annual Supplement to the Survey j
47
April
May
June
July
Decem January
August \ ^J " October November
ber
Se
m
February
March
METALS AND MANUFACTURES—Continued
IRON AND STEEL— Continued
Iron, Crude and SemimanufacturedContinued
Pig iron— Continued
Prices, wholesale:
Basic (valley furnace) ...dol. per long ton-- 18.00
Composite pig iron... _dol. per long ton-- 18.94
Foundry, no. 2, northern (Pitts.)
dol. per long ton.. 20. 39
Production
thous. of long tons
1 663
Iron, Manufactured Products
Cast-iron boilers and radiators:
Boilers, range: t
Orders:
New
number of boilers.. 55, 093
Unfilled, end of month, total
number of boilers. . 12, 052
Delivery, 30 days or less
number of boilers. . 12, 052
Delivery, more than 30 days
number of boilers. _
0
Production
number of boilers.. 51, 052
Shipments
number of boilers
55 764
Stocks, end of month number of boilers. . 28, 065
Boilers, round:
Production
.
thous. of lb__ 4,311
Shipments
thous. of Ib
2, 115
Stocks, end of month
thous. of lb_. 38, 090
Boilers, square:
Production
thous. of lb_. 16, 409
Shipments
thous. of lb__
7, 730
Stocks, end of month....
thous. of Ib 126, 053
Boiler fittings, cast iron:
Production.
short tons
Shipments
short tons
Boiler fittings, malleable:
Production
short tons
Shipments
short tons
Radiators:
Production
thous. of sq. ft. heating surface .. 4,602
Shipments.thous. of sq, ft. heating surface- 2,366
Stocks, end of month
thous. of sq. ft. heating surface-- 32, 891
Radiators, convection type:*
New orders:
Heating elements only, without cabinets
or grilles
thous. of sq. ft. heating surface t_.
46
Heating elements, including cabinets and
grilles
thous. of sq. ft. heating surface J._
106
Sanitary Ware
Bathroom accessories: f
Production
..number of pieces 120 821
Shipments
.
number of pieces 119 171
Stocks, end of month
number of pieces 367 593
Plumbing brass. (See Nonferrous metals.)
Plumbing and heating equipment, wholesale
price (8 pieces)*
dollars- 199.68
Porcelain enameled flatware:
Orders, new, total
dollars-- 900, 388
Signs
dollars-- 255, 477
Table tops
dollars-- 212, 598
Shipments, total
dollars.. 900, 828
Signs...
dollars-- 265, 137
Table tops
dollars.. 213, 646
Porcelain plumbing fixtures:
Orders:
2 904
New, net
.
number of pieces
Unfilled, end of month, .number of pieces.. 4,553
Shipments
_
number of pieces
1 792
Stocks, end of month
number of pieces.. 10, 710
Vitreous-china plumbing fixtures: 1[
Orders:
New, net
number of pieces.. 164, 042
Unfilled, end of month .number of pieces. . 308, 912
Shipments
number of pieces _. 229, 347
Stocks, end of month
number of pieces.. 297, 971
17.25
18.36
18.00
18 94
18.00
18 94
18.00
18 94
18.00
18 94
18.00
18.94
18.00
18.94
18.00
18.94
18.00
18 94
18.00
18 94
18.00
18 94
18.00
18.94
19.64
1 727
20.39
2 043
20.39
1 930
20.39
1 225
20, 39
1 054
20. 39
898
20. 39
951
20.39
957
20.39
1 028
20.39
1 477
20.39
1 609
20.39
1,777
39 326
35 683
34 627
33 576
36 006
51, 734
64.211
57, 566
44, 906
68 106
53 897
46, 320
17,013
11, 338
11,818
9, 738
9,993
12, 724
10, 195
9, 740
16, 329
19, 357
15, 892
12,723
13, 101
8,688
9,150
7,844
8, 695
11,878
9, 492
9,355
16, 329
19, 357
15,892
12, 723
3,912
35 960
36 681
34, 465
2,650
41 021
41 358
34, 128
2,668
34 741
33 180
34, 902
1, 894
33 255
33 746
33, 869
1,298
37 735
35 751
35, 853
846
45, 375
49 003
32, 225
703
63, 434
66 740
28,919
385
59 673
59 439
29, 153
0
40, 337
37 471
35, 446
0
63 879
64 °04
30, 443
0
57, 294
57 362
30, 375
0
51,891
49 489
32, 777
3,982
2 544
42, 012
4,133
2 659
43, 585
3, 342
2 361
44, 544
2, 691f)
2 59
44, 739
4, 195
4 571
44, 437
3, 886
6, 258
42, 035
5, 762
10, 652
37, 136
4,391
5 330
36, 218
2,946
3,626
32, 366
3,233
2 666
32, 826
3, 850
2, 494
34, 221
4,348
2,102
36, 500
11,965
8,287
111 800
15,014
8,332
118 411
15, 498
10,029
123 956
11,652
11,172
124 414
15, 554
17, 890
121 973
15, 030
25, 208
111,740
18,833
34, 185
96, 329
19, 783
19, 353
96 933
13, 099
13, 436
96, 554
16, 457
10, 604
101 340
15,917
9, 275
10S, 115
16, 858
6,964
117,911
3 667
3 564
3 557
3 604
3 49")
3 586
3 333
3 523
3 914
4 651
4 225
4 655
6, 045
5 943
5 995
5 027
4,298
3 060
4 690
4 750
4,190
3 865
2 450
2 175
2 856
2 570
2 436
2 445
2 282
2 180
o 174
2 484
2,383
2 354
2,838
2 890
2,984
3 090
2,992
1 914
3,153
3 205
3,181
2 704
2,663
2,682
3, 969
2,630
3,964
3,197
3,483
3t 136
4,282
5,336
4,011
6,262
4, 680
9,282
5,208
6,456
3, 632
4,482
4,679
3, 117
4,343
2,787
4, 648
2,023
31, 389
32, 775
33, 537
33, 867
32, 969
30, 885
26, 517
25, 473
24, 786
26, 178
27, 845
30, 568
30
45
62
77
62
44
94
124
115
81
43
48
135
95
122
128
178
158
196
131
182
93
66
87
108 593
106 716
376 297
233 176
219 629
383 646
222 872
223 461
383 557
156 ^70
150 739
383 161
205 380
911 005
375 376
349 072
328 010
376 512
143 483
133 574
371 499
202 354
195 289
370* 036
267 293
271 912
358 472
75 310
64 305
363 755
121, 190
111 005
369 605
78, 640
75 147
374, 749
217. 40
216. 88
218. 91
217. 88
218. 16
211.26
207. 03
206. 89
206. 50
206. 07
202. 61
200. 86
817,818
286, 555
119,387
722, 258
215,673
117, 335
899, 506
343, 340
112, 965
842, 156
302, 888
110, 862
736, 858
266,811
107, 398
826, 975
307,511
116, 601
594, 146
226, 883
110,079
738, 460
304, 752
106, 273
719, 146
306, 463
145, 494
740, 802
332, 917
145, 001
636,811
193,716
220, 279
652, 158
232, 206
195, 541
713, 141
248, 598
178, 245
764, 436
269, 665
205, 059
563, 137
180, 523
133, 900
583, 567
199, 652
131,993
525, 540
193, 535
111,188
530, 050
204, 527
106, 772
689, 715
318, 343
149, 384
594, 427
219, 672
152, 409
692, 358
235, 427
153, 431
637, 165
190, 316
142, 380
829, 084
223, 860
181,437
864, 145
278, 110
167, 296
1 787
6,276
2 074
9,140
1 822
5,277
2 354
10, 422
1 722
4,852
1 769
10, 981
1 785
4,390
1 954
10, 762
2 723
4,333
2 542
9,626
2 017
3,854
2 198
8,847
2 582
3,667
2 110
7,610
1 269
3,020
1 300
9,703
1 620
2,978
1 509
9,660
1 013
2,720
1 236
9,960
2 641
3,535
1 790
9,917
96, 347
81, 133
91, 576
710, 206
120, 033
88, 478
112, 688
708, 871
130, 757
105, 208
114, 027
692, 644
111,496
98, 924
117, 780
678, 061
130, 449
107, 020
122, 353
656, 033
139, 012
113,991
132, 041
615, 467
183,982
183, 152
166, 517
482, 685
234, 350
283, 202
134, 300
489, 729
183, 281
262, 363
204, 120
426, 570
301, 925
369, 128
195, 160
380, 756
243, 296
374, 217
238, 207
316, 705
9
427
3,298
o 771
7,873
258, 657
165, 687
206, 961
519, 867
Steel, Crude and Semimanufactured
Bars, steel, cold finished, shipments.short tons._ 31, 972 28, 885 30, 809 29, 940 18, 130 17, 622 14, 304 18, 500 17, 923 24, 049 31, 783 31, 903
34, 080
Castings, steel: * A
27
312
Orders, new, total .
short tons
31
725
30
723
32
349
21 552
20 030
24 327
63 142
46 831
41 822
25 538
41 537
Percent of capacity
_.
27.1
26.6
25.8
13 8
17.4
12 8
40 3
29 9
15 5
26 5
26 7
16 3
Railway specialties
short tons
5,490
7,959
6 835
4 417
4 283
8 128
32 818
16 812
5 538
2° 407
5 697
10 408
Production, total
short tons..
31, 940
29, 687
29, 035
25, 799
23, 916
31,816
29, 142
46, 242
57, 313
60, 268
43, 748
46, 182
Percent of capacity
26.8
24.9
16 5
24.3
15.3
36 6
20 0
18 6
32 1
29 5
27 9
29 5
9 309
Railway specialties
short tons
7,585
6,181
6,052
5 142
11 152
7 218
18 324
23 309
18 904
17 661
17 741
Ingots, steel :§
2 ggg
2 742
Production
thous of long tons
2 831
2 g06
2 834
1 942
1 252
1 462
1 589
3 353
1 364
3 016
1 473
Percent of capacity
52
49
47
35
45
53 '
56
53
27
23
23
25
28
* New series. For earlier data, see p. 20 of the January 1933 issue wholesale price of plumbing and heating equipment. Figures on convection-type radiators prior to
January 1932 not published.
J In equivalent direct radiation.
t Revised series. For earlier data on bathroom accessories see p. 20 of the October 1933 issue, and for range boilers see p. 20 of the July 1934 issue.
§ Data for 1933 revised; see p. 47 of the August 1934 issue. For 1932 revisions, see p. 46 of the July 1933 issue.
• New series; see footnote on p. 20 of the October 1934 issue.
1 Revised series. Data revised starting January 1933, see p. 47 of the April 1935 issue; revisions for 1933 will be shown in a subsequent issue.
A Steel casting series revised January 1935 by the increase of the number of companies from 164 to 180; comparable data not completed for 1934 and earlier years. Figures
for 164 companies in January 1935 were new orders, total 31,816, percent of capacity 20.3; new orders, railway specialties, 6,835; production, total, 28,519, percent of capacity
Digitized
forproduction,
FRASER railway specialties 6,052.
18.2,
SURVEY OF CURRENT BUSINESS
48
Monthly statistics through December 1931,
together with explanatory footnotes and references to the sources of the data, may be found
in the 1932 Annual Supplement to the Survey
1934
1935
April
June 1935
April
May | June
July
1935
Novem1
DecemSeptem-|
FebruQctober
August
January
ber 1 ber
ary
March
METALS AND MANUFACTURES—Continued
IRON AND STEEL— Continued
Steel, Crude and SemimanufacturedContinued
Prices, wholesale:
Composite, finished steel
dol. per lb._ 0. 0244 0. 0240 0. 0253 0.0253 0.0248 0.0244 0. 0244 0. 0244 0. 0244 0. 0244 0. 0244 0. 0244
0. 0244
Steel billets, Bessemer, Pittsburgh
27.00
27.00
29.00
27.40
27.00
26.75
29.00
dol. per long ton.. 27.00
27.00
27.00
27. 00
27.00
27.00
Structural-steel beams, Pittsburgh
.0180
.0180
.0185
.0181
.0180
.0170
.0185
dol. per lb__
.0180
.0180
.0180
.0180
.0180
.0180
10.31
11.80
10.95
9.55
0.19
9.75
11.75
9.85
Steel scrap, Chicago
dol. per gross ton..
8.50
8,. 75
9.25
11.25
10.50
U. S. Steel Corporation:
3,762
21,
082
3 769
learnings net
thous of dol
12 428
Shipments, finished products* ...long tons.. 591, 728 643, 009 745, 063 985, 337 369,938 378, 023 370, 306 343, 962 366, 119 418, 630 534, 055 583, 137 668, 056
Steel, Manufactured Products
Barrels, steel:
Orders, unfilled, end of month'.
number,. 944, 168 820, 884 865, 012 935, 651 684, 403 605, 573 596, 694 460, 880 330, 593 452, 930 ,171,996 1,158,398 1, 081, 327
Production
number.. 538, 255 589, 182 431, 567 612, 695 519, 444 316, 340 363, 885 524, 232 421,003 373, 850 390, 459 355 220 462 771
30.0
26.4
30.1
36.7
22.3
43.6
42.8
39.6
25 5
29 6
Percent of capacity
36 7
26 2
34 1
Shipments
_ . - . number ._ 534, 479 590, 337 426, 175 607, 692 528, 847 318, 678 368, 771 516, 684 419, 500 374, 924 391, 232 353 418 464 978
Stocks, end of month
number-- 29, 926 30, 241 35, 633 41, 158 31, 755 29, 461 24, 575 32, 123 33, 626 27, 328 26, 555 28, 357
26 150
Boilers, steel, new orders:
392
260
277
385
566
441
360
313
Area
thous. of sq. ft. _
282
287
539
416
656
329
331
304
597
458
380
415
443
Quantity . _
number of boilers..
626
696
447
296
418
Furniture, steel:
Business group:
Orders:
1,184
1,063
1,039
866
870
972
1,115
813
1,108
New
thous. of doL. 1,114
993
1,026
1,222
663
619
975
1,047
815
1,044
1,013
701
Unfilled, end of month
thous. of doL.
664
651
707
668
709
1,139
1,090
1,011
863
1,101
1,123
934
1,046
1,064
Shipments.
thous. of doL_
998
1,039
1,221
879
Shelving: A
Orders:
273
219
343
222
321
206
253
271
New
. ...thous. of doL.
267
209
258
258
307
192
164
301
172
191
155
246
200
Unfilled, end of month
thous. of dol__
154
208
196
120
175
245
208
288
231
226
291
354
346
261
224
340
Shipments
thous. of doL.
251
217
Safes:
Orders:
160
190
159
162
136
168
154
186
142
New
. .
thous. of dol_.
147
161
163
118
245
230
160
200
196
194
238
157
Unfilled, end of month
thous. of dol..
211
181
216
228
177
145
172
161
166
130
158
164
153
176
Shipments
thous. of doL.
142
130
126
147
277
171
162
238
171
47
246
201
Lock washers, shipments
thous. of dol..
241
87
130
129
255
Plate, fabricated steel, new orders, total
18, 778
26, 025
21, 891
12, 523
16, 293
20, 085
27,395
short tons
15 064
16 832
16 581
16 629
15 108
1,389
5,185
8,746
3,334
2,028
2,998
11,019
2 377
2 531
Oil storage tanks
short tons
927
3 252
3 445
Sheets, black, blue, galvanized, and full finished:
Orders:
183, 322
New _
.
short tons.. 168, 093 272, 412 246, 315 114, 855 72,517 66, 064 77, 063 102, 920 133, 344 193, 130 321,831
193, 057
248, 931
214, 685
Unfilled, end of month
short tons _ 177, 950 251, 123 257,845 74, 392 69, 472 64, 270 67 062 77 423 100 745 158, 456 279, 012
714 219, 062
227, 082
Production, total
. . short tons.. 209, 219 214, 522 256, 537 199, 438 85, 286 77, 197 76, 051 104, 898 143, 057 159, 740 235,74.0
49.2
79.0
26.2
23.8
68.2
61.4
66.0
32 3
71 5
74 1
23 4
44 0
Percent of capacity
915 201, 054
233, 446
Shipments
short tons . 202, 365 184, 042 240, 730 301, 832 85, 442 77, 706 73, 260 95, 107 108 880 141, 566 205,
104,
720 105, 182 108, 788
108, 260
Stocks, end of month, total
short tons.. 116,316 135, 796 137, 510 106, 950 110, 400 109, 282 99, 888 102, 264 107, 550
60, 177
64, 393
48, 714
68, 153
71, 362
71, 968
53, 683
56, 666
62, 024
59, 757
Unsold stocks
short tons
65,400
64 398
63 667
Tin and terneplate:*
130
90
166
115
202
80
160
150
150
190
83
Production
thous. of long tons. .
93
85
2,333
2,272
5,764
5,364
5,226
6,132
6,184
2,892
3,440
Track work, production
short tons.. 4,399
3,383
2,153
2,065
MACHINERY AND APPARATUS
Air-conditioning equipment:!
1,106
1,328
1,284
1,267
1,299
1,263
1,201
989
1,111
1,592
Orders, new, total
thous. of dol.. 1,361
1,190
1,501
93
127
324
273
197
229
283
266
209
164
152
Air-washer group
.
thous. of dol. .
147
89
485
459
574
602
674
519
573
637
433
577
Fan group
thous. of dol..
467
575
590
742
527
386
424
550
457
346
360
347
369
Unit-heater group
thous. of doL.
576
822
865
Electric overhead cranes:
Orders:
129
393
89
194
264
167
123
84
200
79
59
139
New
..
..
thous, of doL.
136
592
905
518
813
563
689
522
884
477
808
Unfilled, end of month
thous. of dol_.
670
659
651
80
207
99
140
78
79
80
123
297
198
143
Shipments .
thous. of dol ._
89
158
Electrical equipment. (See Nonferrous metals.)
Exports, machinery. (See Foreign Trade.)
Foundry equipment:
Orders:
66.9
86.6
113.2
66.5
50.7
43.1
75.7
69.3
67.9
70.4
80.4
46.4
55.3
New
1922-24=100.54.4
69.2
52.1
86.1
36.3
43.2
57.7
63.0
57.8
43.1
49. 1
46.6
69.7
Unfilled, end of month
1922-24 = 100
76.2
81.1
75.6
69.7
67.2
48.7
64.3
85.1
S2.6
55.5
51.5
Shipments
1922-24=100..
59.6
37.0
Fuel equipment:
Oil burners:* t
Orders:
5,338
4,667
8,381
8,416
12, 849
4,680
5,761
7,875
6,147
16, 714
19, 274
9,355
New.
no. of burners.. 8,781
735
871
702
2,789
3,894
3,510
857
801
2,285
2,699
1,776
2,475
1,386
Unfilled, end of month. _no. of burners. .
5,952
4,531
8,880
4,694
8,291
12,
465
5,817
6,047
7,191
6,988
Shipments
no of burners
18 133
19 973
9 745
12, 469
12, 986
14, 622
14, 170
15, 320
14, 490
18, 022
18, 094
19, 036
14,011
Stocks, end of month
no of burners
14, 600
11,461
11, 348
Pulverized fuel equipment:
Orders, new, storage system:
3
0
1
2
0
0
0
0
0
0
0
0
0
Furnaces and kilns.. .no. of pulverizers ..
0
0
0
a
0
0
0
0
2
0
0
Water-tube boilers no. of pulverizers..
0
0
Orders, new, unit system:
2
0
0
0
0
0
2
0
3
0
3
0
Fire-tube boilers
no. of pulverizers..
6
6
4
8
1
2
4
0
0
0
5
Furnaces and kilns no. of pulverizers -.
2
2
8
5
12
18
0
17
21
12
4
Water-tube boilers--.no. of pulverize rs..
3
3
Stokers, mechanical, new orders: f
2,125
1,241
1,113
1,047
902
*i)56
2,678
1,270
560
1,215
4,636
5,077
2,761
Class 1, residential!
number
Class 2, apartment and small commercial!
210
147
84
107
79
85
269
58
140
141
265
number..
429
458
Class 3, general commercial and small com90
61
37
33
48
28
78
41
60
142
mercial heaters*
number
133
188
177
Class 4, large commercial:!
167
139
10t)
105
120
150
200
241
90
172
287
292
?05
Number
24, 339
28, 199
21, 164 * 24, 256
32, 241
28, 852
44, 100
34, 679
43, 893
41, 987
46, 623
39, 767
Horsepower
23, 679
Machine tools:^
Orders:
65.5
62.3
53.0
66.1
52.4
65.6
36.2
45.9
New*
1926 = 100.46.5
41.4
43.9
35.3
34.7
* New series. For earlier data see p. 18 of the January 1934 issue, United States Steel Corporation shipments, p. 20 of the December 1932 issue, tin and terneplate, p. 19
of the January 1933 issue, stokers. Current oil-burner series available only back to January 1933 are based on reports from 149 concerns; see p. 48 of the May 1934 issue for
1933 data; p. 20 of the July 1934 issue for machine tools (including forging equipment).
1 Series covering shipments and unfilled orders temporarily discontinued.
! Revised series. Data on air-conditioning machinery, mechanical stokers and oil burners revised starting January 1933; see footnote on p. 48, April 1935 issue. The
revisions
for
1933
will
be
shown
in
a
subsequent
issue.
* Revised.
http://fraser.stlouisfed.org/A Revised data on steel furniture shelving for years 1932,1933 and 1934 will be shown hi a subsequent issue.
Federal Reserve Bank of St. Louis
SURVEY OF CURRENT BUSINESS
June 1935
11,
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
5
1934
1935 I
|
April
I
49
April
May
June
July
1935
Decem- January j^™- March
August SeptemOctober November
ber
ber
METALS AND MANUFACTURES—Continued
MACHINERY AND APPAEATUS-Con.
i
Pumps:
Domestic, water, shipments: \
34, 193
Pitcher, hand, and windmill _ _
units. . 35,432
39, 552
36, 482 36, 433
30, 335
39, 152
30, 601
36, 771
26, 022 25, 127 21,702 31,151
854
910
"732
541
615
788
Power, horizontal type.
.units-726
607
785
971
696
545
690
Measuring and dispensing, shipments:
Gasoline:
692
366
445
644
620
611
419
671
Hand operated
units..
685
773
488
538
563
1,794
4,874
2, 240
3, 002
3,651
2,745
3,327
2, 712
2,630
1,867
2. 306
Power
units-3, 193
2,501
Oil, grease, and other:
5,942
5, 092
4,490
6, 069
6,. 753
6,960
5,242
5,133
4, 503
6,678
5, 526
4,860
5. 591
Hand operated
units..
442
608
614
766
422
607
Power
— . units
901
613
579
488
339
485
814
Steam, power, and centrifugal:
Orders:
798
665
603
698
541
580
637
630
777
897
New
- _. thous. of dol
654
703
615
552
344
440
400
510
360
304
321
420
395
Water-softening apparatus, shipmentsjf.units—
350
383
509
8, 254
5, 574
8, 204
4,632
6, 363
7,531
5,855
6,679
Water systems, shipments \ \units.- 10, 799
9,740
7, 056
5, 570
5,270
Woodworking machinery:
Orders?
13
1
4
1
10
2
4
4
Canceled
—
— thous. of dol
3
5
311
312
302
244
262
244
256
237
252
172
243
434
New
thous. of dol
426
241
228
441
225
312
340
297
249
247
313
Unfilled, end of month
thous. of dol—
263
233
Shipments:
168
152
172
114
123
127
114
131
167
151
143
148
199
Quantity
machines
318
292
227
241
239
2.14
186
207
304
247
220
242
236
Value
- thous. of doJ
NONFEEROUS METALS AND
PRODUCTS
Metals
Aluminum:
18, 010
16, 685
IniDorts, bauxite^
long tons
13, 394
13, 249
7,191
10, 716
10 576
12, 985
14, 463 16, 749 14, 130 12, 587 19,211
Wholesale Drices:
.2095
No. 1, virgin, 98-99 (N. ¥.)... _dol. per lb. 2095
.2095
. 2095
. 2095
.2095
. 2095
C2)
(2)
(2)
(2)
(2)
(*)
.1227
.1106
. 1049
.1251
.1225
. 1213
Scrap, cast (N.Y.)
-dol. perlb..
.0923
.1097
.1069
. 1003
.0938
.0907
,0888
Babbitt metal:
2, 296
1, 726
2, 139
2,281
2,426
2,401
Production, total
_.thous. of lb__
2, 262
1,80S
1,989
2,164
2,528
1,856
1, 653
520
536
444
398
408
461
535
541
For own use
thous of Ib
564
643
457
380
1, 776
1,890
1, 364
1,327
1,993
1,964
1, 678
1,746
Sales
thous. of lb—
1, 619
1,435
1, 622
1,400
1,273
Copper:
24, 869
26, 393
22, 306
Exports, refined§*
short tons . 27, 446
24, 925
30, 721
25, 324
24, 279
24, 476 29, 784 28, 675 23. 648 22, 739
16, 734
20, 884
13 724
15, 247
15, 152 15,110 22, 913
Imports, total §#
_
short tons
23, 226
14 780
16, 565
12, 236 22, 817 18,486
17, 286 13,922 13, 834 22, 129
]9,546
15,011 23, 221
Ore and blister
short tons.. 15, 626
14, 724
13, 418
10, 895 19, 131
15, 048
.0878
, 0878
.0878
Price, electrolytic (N.Y.)
dol. per lb_.0828
. 0878
. 0878
.0878
. 0859
.0878
. 0878
.0817
.0878
.0878
Lead:
Ore:
25, 892
25, 729
Receipts in U. S. ore
short tons.- 27,283
22, 304
24, 005
21, 803
26, 080
26, 713 25, 218 23,211 25, 563 27, 644 25,510
3,452
1.792
4,536
1,981
4,229
3, 390
1,183
4,767
Shipments, Joplin district
short tons..
5, 082
3,901
2,933
1, 518
2,238
Refined:
477
3, 002
797
1, 464
443
851
Imports^
short tons
1, 537
2, 72G
1, 662
1 719
955
1 587
2, 055
.0369
. 0357
.0369
. 0414
. 0365
.0360
. 0353
.0358
Price, pig, desilverized (N. Y.).dol. per lb—
. 0418
.0377
. 0398
.0375
. 0369
29, 857
30, 118
34, 741
Production
short tons
28 723
29 695
27 354
22 999
27, 070 31, 243 29, 755 32, 500 26, 350 25, 103
40, 922
31, 762 34, 680 33, 695 32, 523 « 28, 973
29, 316
Shipments, reported
short tons
30 673
29, 479
28, 276
33, 606
36,018 35, 943
Stocks, end of month
short tons... 220, 043 222, 892 233, 245 238, 181 240, 595 234,312 230, 219 229, 859 232. 934 235, 457 229, 675 224, 638 « 228, 580
Tin:
Consumption in manufacture of tin and
1, 290
2,100
2, 450
3,100
3,300
1,400
2,570
1,440
terne plate*
long tons
2 480
2,330
1 240
1 780
1, 320
5,825
4,600
4, 845
3, 905
5,495
4,530
Deliveries
__
_
_ _
long tons
4,110
2, 925
4,405
3, 845
3, 575
3, 850
4,045
5,234
8,612
3, 859
4, 023
5, 196
3,932
3,148
1,478
Imports, bars, blocks, etcJ
long tons4,242
3,307
4,900
2'. 826
3,231
.5010
.5122
.5087
. 4691
. 5352
.5087
. 4996
.5093
Price, Straits (N. Y.)
....dol. per lb.5122
.5192
.5560
. 5195
.5149
Stocks, end of month:
19,416
World, visible supply
long tons.. 16, 614
17, 371
17, 251 ' 16, 313 15, 494
17, 704
15, 386 16, 475 15,094 13, 698 14, 694 19, 652
4,295
4, 04S
4, 531
2,581
United States
long tons
2,638
3,571
5 089
6 461
4, 998
5 649
5 094
4 968
4, 243
Zinc:
Ore, Joplin district:
28, 751
36, 026
Shipments
short tons
25, 300
25 689
34 934
11 820
27 686
31, 782 21,203 23, 063 36, 827 26, 257 32, 264
26, 552
21,983
Stocks, end of month
short tons
17, 649
17, 922
16, 562
21, 788
13 368
16, 992
21, 290 17, 337 20, 574 17, 600 15, 263
Price, slab, prime, western (St. Louis)
.0403
.0373
.0373
.0371
.0389
. 0371
.0435
.0432
.0383
dol. per lb__
.0437
.0424
. 0428
.0405
Production, total (primary) §
short tons. . 35, 334
30, 944
30, 686
24, 756
25, 160
26, 169
26, 515 34, 527 34, 977 35, 981 « 35, 218 « 33, 494 « 36, 667
35, 196
Retorts in operation, end of rno
number-- 33, 719
26, 692
27, 193
31, 284
30, 324
30, 442
31, 352 31, 964 32, 793 32, 944 32, 658 33, 210
Shipments, total§
short tons— 38, 460
32, 072
41, 137
35, 589
30, 294 29, 928 32, 003 35, 538 34, 903
30, 217
26, 966
21, 663
21,913
38, 457
Domestic§
__
short tons
32 072
41, 137
35, 589
30, 294 29. 875 32, 003 35, 538 34, 870
26 966
21 663
30 169
21,913
Stocks, refinery, end of month §.. short tons.. 108, 680 109, 374 104, 729
97, 462 101, 968 106, 570 110,803 115,852 119, 830 °117, 685 <>116,276 * 111, 806
99, 672
Electrical Equipment
2,605
1,895
Conduit, nonmetallic, shipments.thous. of ft..
1,692
1 810 1,142
1, 583
2,139
1,426
1,488
1,981
1,551
1,575
1,609
Delinquent accounts, electrical trade. (See
Domestic trade.)
3, 284
2,212
Furnaces, electric, new orders
kilo watts. .
984
2,844
2,096
1,415
479
1,519
1,090
484
1,150
1,163
Electrical goods, new ordersf (quarterly)
121,814
. . 118,397
thous. of dol
100, 334
128, 034
Laminated phenolic products, shipments
845, 020
dollars. _ 888, 705 780, 160 760, 788 804, 870 667, 198 695, 382 561, 273 585, 565 528, 025 604, 610 698, 402 750, 943
Mica, manufactured:
100
64
108
99
Orders, unfilled, end of month.thous of dol..
62
103
105
78
63
57
46
67
53
160
164
Shipments
thous. of dol—
114
163
154
110
111
84
106
106
147
114
99
Motors (direct current):
Billings (shipments)
_
-dollars..
287, 031 280, 771 335, 307 260, 355 297. 734 209, 308
Orders, new
dollars245, 784 321, 483 366, 613 207, 654 243, 700 242, 528
Panel boards and cabinets, shipments
262
233
218
192
239
328
227
thous. of dol—
197
225
211
207
257
204
Porcelain, electrical, shipments:
Special
dollars58, 093
39, 351 56, 099 49, 073 45, 189 47, 771 48, 031
42, 307
49, 371
40, 374
51, 359
53, 523
Standard
dollars-24, 353
22, 169
21, 539
22, 383
24, 691
23, 599 27, 263 27, 585 20, 723 34, 649 34, 590
27, 666
Power cables, shipments
thous. of ft—
302
380
320
321
312
220
277
223
303
337
470
448"
363
a
Revised.
* New series; for earlier data, see p. 20 of the December 1932 Issue,
t Revised series; for earlier data on new orders for electrical goods see p. 19 of the August 1933 issue.
t Present series on water systems now cover 52 companies. Data revised beginning January 1933. See p. 49 of the December 1934 issue.
• Data on exports revised for 1933; see p. 20 of the September 1934 issue.
§ Data for 1932. revised; for revisions see p. 48 of the June 1933 issue, exports of refined and total imports of copper. For 1933 revisions on zinc, see p. 49 of the January
1934 issue; for 1934 revisions see p. 49 of the February 1935 issue.
#3 See footnote on p. 35 of this issue. Data for 1933 revised; see p. 20 of the October 1934 issue.
Discontinued.
1 Revised series on domestic pumps and water systems starting January 1934; see p. 49 of the April 1935 issue. New series OE water-softening apparatus revised starting
January
1933. Revisions for 1933 will be shown in a subsequent issue.
http://fraser.stlouisfed.org/
Federal Reserve Bank of St. Louis
A
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
SURVEY OF CURRENT BUSINESS
1934
1935
No v e m
Decem- January j | yU"
October
|
j August Septemb
e
r
r
ber
ber
1935
April
April
May
June
June 1935
July
March
METALS AND MANUFACTURES—Continued
NONFERBOUS METALS AND
PRODUCTS— Continued
Electrical Equipment— Continued
Power switching equipment, new orders:
Indoor
dollars Outdoor
dollars..
Radiators, convection type. (See Iron and
steel.)
Reflectors, industrial, sales
units.. 56, 038
Vacuum cleaners, shipments:
Floor cleaners
number.. 79, 330
31,219
Hand-typo cleaners*
number
Vulcanized fiber:
1,819
Consumption
.thous. of lb._
425
Shipments
thous. of dol..
Welding sets, new orders:
Multiple operator
- units
Single operator
units
Miscellaneous Products
Brass and bronze (ingots) : •
Shipments and deliveries
net tons
Brass, plumbing:
Shipments*
number of pieces
.143
Brass sheets, wholesale price, milL.dol. per lb._
Copper, wire cloth:
Orders:
Make and hold-over, end of month
thous. of sq. ft..
(2)
351
New
thous. of sq. ft..
467
Unfilled, end of month
thous. of sq. ft..
383
Production
thous. of sq. ft.367
Shipments...
thous. of sq. ft..
742
Stocks, end of month
thous. of sq. ft..
30, 214
78, 993
29, 080
72, 425
48, 678
61, 344
51,956
54, 746
71, 307
23, 920
60. 180
18, 744
75, 582
22, 872
90, 693
29, 231
990
270
1, 381
434
1,431
400
1, 835
430
277
487
4, 959
5,014
35, 475
86, 788
33, 283
115, 806
27,611
90, 477
22, 920
125, 838
45, 045
107, 437
38, 728
113, 002
35, 322
96, 646
52, 453
57, 641
46, 681
44, 666
50, 746
48, 256
65, 526
18, 759
65, 213
21, 738
50, 348
20 014
40, 065
12, 025
50,211
18, 097
63, 936
21, 758
1,767
357
1,912
432
1,833
451
1,839
316
1,552
329
1
2
1
332
395
333
292
241
5,223
5,143
4,941
4,317
3,757
3,260
4,106
3.919
3,688
5,338
960, 463
.145
849,415
.144
758, 548
.143
997, 797
.143
41
417
441
357
371
735
42
337
428
333
326
742
42
329
479
317
281
743
33
404
411
393
435
694
9
37, 442
91, 908
27, 855
72, 974
56, 021
53, 255
67, 414
20, 384
OS, 866
21, 838
1, 333
270
1,306
315
1,053
267
2
5
3
1
223
371
273
368
347
704, 816
.140
788, 911
.143
740 222
.144
693, 979
.145
707, 156
.145
708, 694
.145
56
314
745
418
378
788
51
279
622
350
325
814
48
238
461
343
401
725
49
282
423
281
300
718
50
369
393
382
380
696
47
292
407
331
273
747
46, 220
81, 570
3
933, 266 1, 042, 820
.143
.143
(2)
369
462
374
357
706
(2)
404
448
417
377
714
PAPEK AND PRINTING
i
WOOD PULP
336. 425 346, 109 324 473 311,543 338, 873 317, 730 360, 177 347,711 329, 961 376, 632 352, 008
Consumption and shipments*.
short tons._
99 382
94, 499
96,815 103,616
Groundwood*
short tons
88 610
91,694
94 631 108 359 100 309
93 471
89 473
91, 762 111,376 105, 279
95, 723
Sulphate*
. _.
short tons
87 922
95 241
90, 089 107,943 102, 503
97 380
87 992
Sulphite total*
short tons
114 177 108 540 104 795 104 267 117 663 110 104 119 965 119,475 112,674 128 091 120, 524
73, 137
Bleached*
short tons
70, 398
62, 476
75, 980
64 492
60 029
62 309
69 562
69, 767
64 916
63 985
52, 111
47, 387
49, 077
Unbleached* _.
short tons
50, 198
49, 685
40 282
50 075
43, 624
42 486
48, 101
50, 198
28, 130
22 795
22, 552
26, 730
24 701
Soda*
short tons
22 340
24, 966
27 080
23 876
25 498
25 195
6,441
6,819
6,
268
7 193
Damaged, ofE-quality & misc'l* short tons
7
389
6,158
8 622
4 750
6 182
7 086
6 607
352, 710 368. 960 328 20 1 298 903 326, 204 312, 107 359, 938 354, 234 333, 594 '379, 406 352, 831
Production, all grades* _
short tons
106,
321
94,
245
101,646
99,
902
Groundwood*
short tons
93 092
107 985 116 515
82 240
82 580
83 482
96 831
95 122
Sulphate*
.
short tons
92, 108 "110, 520 104, 581
97, 287
87 666
96, 504
87 901
90 869 108, 551 102, 168
119.815
128,
782
117 492 122 574 111 789 100 302 115 713 109 855 125 073 119 808 113 739
Sulphite, total*
short tons
73, 021
70, 019
69, 631
66, 056
67 114
Bleached*
short tons
74 791
65 658
60 558
66 736
72 190
63 660
52, 763
46. 794
50, 177
47, 683
50, 378
Unbleached*
short tons
39 744
52, 883
47, 783
46 131
48, 977
46 195
27,850
27, 002
24 556
25 0099
Soda*
short tons
27 952
21 866
25 402
29 108
24 409
26 446
21 899
7 io
6,841
6, 340
6 056
Damaged off-quality & misc'l* short tons
5 979
6 9Q8
6 002
4 639
6 338
6 587
6 776
110 444 133 294 136 627 123 947 111 278 105 655 105 361 111 759 115 675 119, 398 120, 161
Stocks*
short tons
9
44,
400
40, 651
38, 623
56 80
Groundwood* _
short tons
42 975
41 710
64 958
31 502
53 866
37 847
61 199
4 939
7 163
4 492
6,148
5, 450
6 828
Sulphate*
short tons
7 174
4 839
4 748
5 755
6 555
62, 670
61,961
39 452
59 484
Sulphite, total*
_
short tons
53 486
34 391
60 648
60 306
56 341
54 142
59 250
41,813
41, 929
24 705
36, 963
Bleached*
.. .
short tons
40 543
34 580
37' 929
34 502
31 676
35' 307
37 730
20, 741
20, 148
22 377
22 521
14 747
Unbleached*
short tons
22 715
20 105
18 906
21 839
18 835
21 590
4 659
Soda*
short tons
5 530
5 737
5' no 5 643 5 202 6* 150 5,740 5' 238 5,449 5,109
o 514
731
630
4 599
1 084
Damaged off-quality & misc'l* short tons
4 481
905
4 637
4 138
1 909
1 296
Imports:
86, 361 77, 150 125, 486 136 947 150, 031 142, 864 139 512 165 936 146, 060 139, 263 179, 303 108, 563 119,690
Chemical, total f #_
short tons
13, 973
Groundwood#
. _ short tons
10, 097 14, 243 17, 555 11, 051 21, 037 17, 272 19,319 16, 880 18, 707 17, 950 16, 977 13, 020
Price, wholesale, sulphite, unbleached
2.10
2.10
2.00
1.90
2.10
2.10
2.10
2.10
2.10
2.10
2.10
2.10
dol. per 100 Ib..
2.10
Total paper:
PAPER!
Production!
-short tons
Shipments!
short tons
Book paper:
Orders, new:
63
Coated
percent of normal production
59
67
63
Uncoated . percent of normal production
61
59
Orders, unfilled:
5
5
6
Coated
number of days' production
5
4
4
Uncoated
number of days' production
Productionf
short tons
Percent of capacity
Shipments!
...
short tons
Newsprint:
Canada:
Exports
. short tons 158, 924 157, 031 222, 071 202, 177 212, 845 183, 930 190, 794 204, 904 221, 553 245, 136 184, 243 146, 697 206, 492
Production- _.
short tons 222, 244 "216, 507 242, 490 229, 637 208 238 216, 164 196 172 235, 021 240, 869 239, 544 201, 959 180, 305 205, 682
Shipments from mills
short tons 237, 000 220, 769 236, 764 225, 449 199 926 209, 938 195 320 228, 921 262, 206 254, 657 180, 026 160, 859 198, 574
78, 396
Stocks, at mills, end of month. short tons.. 63, 553 a 36, 889 42, 459 46, 782 55, 099 61, 359 61, 903 67, 994 46, 488 30, 366 51,932 71, 364
United States:
Consumption by publishers... short tons.. 166, 122 160, 815 193, 088 154, 175 150, 500 145, 095 151,900 168,372 172, 287 165, 496 157, 870 169, 816 171, 139
Imports#
short tons 188, 700 196 490 204 036 200 004 197 227 171 390 159 944 201, 146 194 392 222, 897 160, 973 138, 647 181 597
Price, rolls, contract, destination, N. Y.
40.00
40.00
42.00
40.00
40.00
40.00
base
dol. per short ton
40.00
40.00
40 00
40 00
40 00
40.00
40 00
79, 777
80, 576
74, 891 a 79, 540
80, 562
74,851
70, 812
Production, total
short tons
74, 120
73, 528
89, 726
74, 017
82, 260
79. 971
86, 363
75, 678
79 129
Shipments from mills „
short tons
76 961 a 82 383
81, 229
69, 622 a 74, 605
69 728
89, 957
78 480
68 047
89, 984
Stocks, end of month:
17. 604
At mills
short tons.. 15, 577 -21,562 20, 337 24, 080 30, 174 20, 601 23, 702 22, 596 18, 425 12, 428 17, 277 18, 673
At publishers
.short tons.. 203, 672 202, 467 216, 061 241, 136 253. 489 270, 690 241,893 236, 734 244.388 277, 125 261, 282 240, 101 210,072
In transit to publishers
short tons-. 33, 268 43, 432 46, 200 28, 915 28, 202 27, 670 42,818 33, 717 1 35, 391 46, 237 38, 622 34, 214 1 32, 725
a
Revised.
2 Discontinued
* New series. For earlier data on hand-type vacuum cleaners see p. 20 of the August 1934 issue Data prior to October 1931 not published on brass, plumbing fixtures.
Wood pulp figures based on reports to the PuJp Executive Authority by 172 mills, representing 94 percent of the total U. S. pulp industry. Figures available for the year
1934 only. Data not exactly comparable with figures previously shown. See footnote on p. 56 of the April 1935 issue for the complete 1934 wood pulp figures.
t Revised series. For earlier data see pp. 18, 19, and 20 of the November 1933 issue for chemical, mechanical wood pulp, and total paper; p. 49 of the June 1933 issue for
1932 for chemical wood pulp imports; and p. 19 of the December 1933 issue for book paper.
# See footnote on p. 35 of this issue. Data for 1933 revised. See p. 20 of the October 1934 issue.
• Beginning with January 1934figureshave been compiled by the Code Authority of the Ingot Brass and Bronze Industry. The figures are more complete than those on
deliveries
previously shown. Shipments of the concerns formerly reporting contribute about 80-85 percent of the total for the present series.
{Tne Code Authority for the Paper Industry is expected to shortly resume publication of some of these paper figures.
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
51
SUKVEY OF CURRENT BUSINESS
June 1935
|
i
!
|
1935
1935
1934
j
4 pl ••, 1 April
*April
May
June
July
Decem- January
August SeptemOctober November
ber
ber
F
^™-
March
PAPER AND PRINTING—Continued
Domestic
.
reams..
Foreign
- - reams
Paper board shipping boxes:
Shipments, total _ .
.mills, of sq. ft..
Corrugated*
mills, of sq. ft..
Solid
fiber*
mills, of sq. ft_.
PRINTING
Blank forms new orders
thous. of sets
Book publication, total. _. number of editions..
New books
number of editions..
New editions
number of editions
Operations (productive capacity) .1923 = 100
Sales books:
Orders new
thous. of books
Shipments
thous. of books..
52, 392
5,998
46, 635
8,121
41,536
5,220
58, 287
59, 071
69, 477
6,804
5,934
7,465
1,779
1, 545
234
1,757
1,521
238
1,943
1, 696
247
1,634
1,442
193
1,492
1,323
169
1,807
1,615
193
1,639
1,464
175
1,879
1,661
218
63, 133
485
386
99
71
69, 937
552
457
95
70
76, 895
852
712
140
78
82, 103
771
653
118
78
83, 118
727
612
115
80
76, 239
1,080
847
233
81
83, 930
518
456
62
77
70, 401
628
563
65
80
78, 972
1,004
784
220
80
11, 422
11,357
11, 129
13,010
11,799
14, 605
12, 924
11, 564
11,233
11,590
11,130
11,818
11, 689
10, 737
12, 456
69, 173
6,851
57, 097
7,312
58, 121
11,854
54, 185
8,030
46, 050
8,100
48, 528
8,216
48, 986
1,805
1,605
200
1.650
1,447
204
1, 693
1,492
201
1,640
1,438
202
1,576
1,371
205
718
.568
150
70, 209
585
491
94
75
72, 167
542
457
85
77
92, 182
698
564
134
71
9,782
10, 655
11,650
11,395
11, 127
11,470
11,337
12, 097
6,990
10, 793
11,399
11,361
RUBBER AND RUBBER PRODUCTS
CRUDE AND SCRAP RUBBER
Crude:
42, 864
Consumption, total
_ _
long tons
31, 358
32, 996
38, 997
38, 868
40, 913
28, 526
30, 312
27,317
36, 620
30, 035
40, 902
39, 571
32, 575
28, 832
For tiresjt _
_
- -long tons .
23, 467
25, 137
29, 671
19, 864
20, 489
30, 195
22, 033
22,509
27,611
31, 219
37,212
Imports, total, including latex f#..long tons.. 41, 456
47,
844
18,
171
40,
523
46,
640
32,
010
29,
240
42, 674
32, 700
49, 901
48, 748
45, 175
Price, wholesale, smoked sheets, N. Y.
.130
.129
.136
.114
dol. per lb-.
.129
.154
.139
.115
.155
.133
.134
.146
.126
Shipments, world
_ long tons
76, 000
99, 000
75, 000 0 74, 000
67, 000
70, 000
74, 000
68, 000
70, 000
88, 000
84, 000 115, 000
70, 000
Stocks, world, end of monthtA--long tons.. 650, 851 647, 993 659, 865 660, 699 672, 312 663.761 668,814 669, 557 672, 852 670, 000 674, 000 a665, 656 « 670, 415
Afloat, total
long tons
88, 281 100, 755
88, 183
91, 606
95, 000 108,314 112,401
87, 809
89,711
92, 766
98, 373
86, 408
88, 169
52, 583
For United States.
. long tons
48, 281
59, 555
55, 606
42, 946
47, 809
53,711
72, 401
50, 348
58, 373
57, 336
48, 539
70, 314
162,012
London and Liverpool
long tons.. 165, 064
96, 214
96, 134
99, 733 105, 989 105, 290 113,052 121, 020 127, 888 134, 927 148, 337 155, 727
98,471
British Malaya
_ _
long tons
96, 556
91,072
94, 695
91, 069
86, 723
96, 971 102, 045 106, 448 107, 607 103, 485 101, 349
97, 146
United Statesf
long tons.. 328,118 351, 759 354, 909 360, 548 367, 109 364, 456 364, 108 359, 379 358, 000 355, 000 338, 345 332, 773
333, 728
Reclaimed rubber:
6,492
Consumption
long tons
7, 034
8,183
7,097
9,583
8,178
9,210
7,066
5,132
7,980
7,615
7,006
7, 697
Production
long tons
7,268
10, 549
8,143
7,353
10, 465
10, 072
10,315
10. «48
8,160
6, 974
10, 185
10, 820
9,446
20,015
Stocks, end of month
_
long tons
18, 740
17, 743
17, 335
17, 032
21, 079
15, 765
19, 454
20, 649
20, 319
19, 641
22, 035
18, 508
Scrap rubber:
Consumption by reclaimers
long tons..
25, 959
36, 875
27, 693
TIRES AND TUBESJ
Pneumatic casings:
3,241
Production ._
_
thousands
4,488
3,665
4,251
4,215
3,252
4,323
4, 212
3,427
3,188
4, 627
2,848
3,095
Shipments, total
thousands
3,015
3,553
4,078
5,172
4,179
2,919
3,189
5,071
4,033
4,305
3,087
2,921
Domestic
thousands
3,026
2,834
3,469
4,000
3,112
4, 956
3,954
4,091
4,212
5,049
2, 993
Stocks, end of month
thousands
9,171
8,516
10,
086
11,
325
9,154
8,436
8,397
11, 184
10, 793
9,913
11, 621
8,166
Solid and cushion tires:
Production..
thousands. .
16
16
22
18
18
21
17
18
19
18
15
16
Shipments, total
thousands..
17
20
20
16
15
15
13
14
18
19
18
16
16
14
Domestic
thousands. .
14
20
20
15
13
17
16
17
19
13
Stocks, end of month
thousands
34
33
35
32
35
32
31
29
30
33
31
30
Inner tubes:
Production.
thousands
3,074
3,398
4,131
3,570
3,123
3,999
4,228
3,974
3,425
3,017
4, 046
4,593
Shipments, total
thousands..
2,684
4,072
2,934
2,765
3, 610
4,043
2,609
4,755
4,193
3,261
4,212
5, 150
Domestic
...
thousands
2,689
2,630
3,539
3,980
4.003
2,871
2,543
4,663
5, 058
4,133
3,200
4,141
Stocks, end of month.
thousands
8,904
9, 332
7,907
8,247
10, 094
9,741
7,812
7, 328
7,410
8,532
10, 152
10, 267
Raw material consumed:
Crude rubber. (See Crude rubber.)
Fabrics
thous. of lb__
15, 382
12, 942
15, 627
19, 608
13, 724
13, 169
7,849
18, 785
17, 71b
13, 267
18, 059
19, 371
« Revised.
« Discontinued,
t Revised series. For earlier data see pp. IS and 20 of the Dece mber 1933 issue for writing, vcapping, and other grades ol paper; fc>r 1932 re\visions, p. 50 of the June 1933
issue for crude rubber imports; and for 1932 rev isions, p. 50 of the May 1933 issue for world an 3 United States sto cks. Dal a on consumption of rubber for tires r evised for
1932, 1933, and 1934. For revisions see p. 51 of t tie Augus 1 1934 issue. Ear lieir data on consump tion and stocks of ^vaste pap er at mill 5 will be s hown in i subsequent issue,
§ The Bureau of the Census has changed the title of ttle "Boxb<3ard" rep ort to "P ^per boar 1 " since ( ata actua ly cover <ill board of .012 of an inch o r more in thickness
reported by the cooperating manufacturers. Th e differen ce between this sen es and th 3 paper be ard data on produc tion and s hipment 3 given at the top o f the page (marked
with a " * ") is that the latter are based on sample data su pplied by the Ame rican Pap er and Pu lp Associ ition whic»h have b sen ratioe d up to a total for t he indusl ry, using
t.hp, annual nomnlfite census dat.a of t.hp. "Rnrptm c\f f h o P.on ana TTiori
nn r»rnrln
rations o nr\ TIPW FIT c\ n n f i l l p r orrip.r<? a.i"p for Q4 \f Ip.ntinnl TT nrmfaotn rpr«' <?}iinments and finished stocks are for 78 manufacturers, and consumption and stocks of waste paper for 82 manufacturers.
I Data for 1934 are estimated to represent approximately 97 percent of the industry; data are estimated to cover 79 percent of the industry for 1929-33, inclusive, and
75 to 80 percent prior to 1929.
# See footnote on p. 35 of this issue. Data for 1933 revised. See p. 20 of the October 1934 issue.
* New series. See p. 19 of the December 1933 issue for the complete paper-board series. New series on paper board shipping boxes compiled by the Container Code
Authority, Chicago, 111., from reports from all members of the industry of record beginning in January 1934. The volume of companies not reporting each month is
estimated bv the Code Authority, so as to keep the series comparable. The solid fiber figures are complete as reported. Prior to January 1934 data covering this industry
were
corrmiled by the Paper Board Industries Association*
A These data will be shown in revised form in next month's issue.
52
SURVEY OF CURRENT BUSINESS
Monthly statistics through December 1931,
together with explanatory footnotes and references to the sources of the data, may be found
in the 1932 Annual Supplement to the Survey
1934
1935
April
June 1935
April
May
June
July
1935
Decem- January FebruAugust SeptemOctober November
ber
ber
ary
March
RUBBER AND RUBBER PRODUCTS—Continued
MISCELLANEOUS PRODUCTS
Rubber bauds, shipments
thoiis of Ib
Rubber clothing, calendered:
Orders, net number of coats and sundries..
ProductioQ. -.number of coats and sundries. .
Rubber -proofed fabrics, production, total
thous. of yd—
Auto fabrics...
_
..thous. of yd—
Raincoat fabrics.
thous. of yd—
Rubber flooring, shipments thous. of sq. ft—
Rubber and canvas footwear:*
Production, total
thous. of pairs..
Tennis
_
thous. of pairs-.
Waterproof
..tbous. of pairs..
Shipmonts, 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..
Renair trade
thous. of pairs—
Sboe manufactures
thous. of pairs..
Stocks, end of month
-thous. of pairs..
Rubber soles:
Production—
—
thous. of pairs..
Shipments* total*
thous. of pairs..
Export
.__
thous. of pairs—
Repair trade..
thous. of pairs..
Shoe manufactures
thous. of pairs
Stocks, ead of month
thous. of pairs..
Mechanical rubber goods, shipments:
Total
thous. of dol
Belting
thous. of dol—
Hose
thous. of dol—
Other
thous. of dol .
0)
(0
305
456
342
293
238
220
237
231
330
209
174
i/t
15, 615
13, 795
20, 930
21,610
24, 336
27, 149
15, 127
23,016
24, 186
22, 651
47, 497
31, 274
38, 625
38, 484
22, 756
25, 868
17,059
24, 596
3,877
575
1,670
437
3,908
594
1,778
540
3,156
478
1,320
449
3,332
526
1,269
372
4,291
570
1,827
413
4,742
568
2, 405
339
5, 279
804
2, 813
386
3 419
405
1 552
375
3,334
744
884
411
3, 776
286
1, 141
268
4,843
2,451
2,392
2,749
1, 868
881
2, 673
1,798
875
17. 774
7, 378
10, 396
4,919
1, 819
3,100
2,927
2, 084
843
2,874
2, 036
838
20, 080
7, 259
12, 821
4, 478
1,566
2,912
3,613
1,980
1. 633
3,561
1,933
1,629
20, 945
6,846
14, 099
3, 587
843
2, 744
4,611
1,174
3, 436
4,594
1,170
3, 425
19, 935
6,515
13,419
5,161
1,011
4,150
6, 529
1, 543
4, 986
6, 448
1,467
4. 982
18. 567
5,983
12, 584
3,918
877
3, 041
6, 498
911
5, 587
6, 436
857
5,579
15, 858
5, S21
10,037
5,078
1,201
3,877
5, 525
790
4, 735
5,486
758
4,727
15, 248
6,085
9,163
4, 992
1, 165
3,827
4,727
4,152
4, 053
528
4, 125
15, 513
6, 675
8, 838
4,870
1,570
3,300
5, 317
1,258
4,060
5, 273
1, 240
4,033
15, 177
6,999
8,178
5, 668
2, 668
2,999
6,379
2, 778
3, 601
6, 250
2, 661
3, 589
14, 46G
6, 800
7,576
17,802
16,991
328
4, 673
11,991
39, 961
19, 603
20, 120
137
6. 928
13. 055
39, 763
19 412
20,513
426
3,946
16, 142
38, 446
15 903
15, 656
346
4.485
10, 825
38, 997
18 605
15, 493
339
4,936
10,218
42, 140
13 911
13, 219
219
4, 079
8, 921
42, 652
14 437
16, 8S9
377
5, 238
11,273
40,016
13 922
15,746
326
4,175
11,244
38, 040
13, 428
14, 075
359
3, 435
10, 281
37, 751
5,018
4,739
5
275
4,459
4, 989
5,040
4,831
1
493
4, 387
5,360
4,772
5,050
10
241
4, 799
4,955
3, 082
3,277
318
2, 956
4,933
3,601
3, C02
2
382
3,218
a
4,894
2, 952
3, 107
2
455
2, 650
4,718
3, 239
3, 297
13
584
2, 699
4, 656
3,541
3,617
3
585
3,030
4, 528
4, 297
883
1,498
1,937
4,589
959
1,790
1,840
4,424
990
1, 583
1, 852
3, 834
1, 001
1,362
1,472
3, 923
981
1,399
1,540
3,187
'846
1, 138
1, 203
3,715
996
1, 376
1.343
STONE,
230
(!)
0)
•>28
(i\
v}
2S7
(')
(0
256
2S6
366
5, 3S3
3, OSS
2,300
4. 752
3,2S4
1.4CS
4,619
3, 105
15, OS7
6,690
8,397
5, 863
3,673
2, 19C
5, 087
4,023
1,064
5,041
3, 997
1,044.
15, 854
0, 331
9, 523
14, 351
16, 630
293
5, 667
10, 667
35,811
If,, 334
15, 260
221
4, 777
10, 262
36, 950
16,256
16, 920
438
o, 102
11,385
30.316
3,400
3,592
3
530
3,059
4.329
3, 705
3,696
9
650
3, 037
4,311
3, 243
3, GO!
3, 357
3,410
704
2, S9G
3,948
2, 840
3, 904
3, 094
707
1,078
1.310
3, 601
746
1,001
1, 854
4, 515
871
1,430
2,215
4, 261
1. 372
2,115
5, 463
1,006
1,842
2. 615
775
CLAY, AND GLASS PRODUCTS
BRICK §
Common brick, wholesale price, red, N. Y.
10. 00
dol. per thous —
Face brick (average per plant) :
367
Orders, unfilled, end of mo.. thous. of brick. .
177
Production (machine)*
thous. of brick..
229
Shipments
thous of brick
Stocks, end of montht
thous. of brick.. 2,133
Sand-lime brick:
850
Orders, unfilled, end of mo_.thous. of brick..
345
Production.
—
thous. of brick..
104
Shipments by rail
thous. of brick. .
343
Shipments by truck
thous. of brick-.
316
Stocks, end of month
thous. of brick—
PORTLAND CEMENT
Price, wholesale, composite
dol. per bbl—
Production
thous of bbl
Percent of capacity
Shipments
thous. of bbl—
Stocks, finished, end of month. —thous. of bbl—
Stocks, clinker, end of month... thous. of bbl—
1.667
6,136
27.9
6,196
21, 229
6,117
10.50
10.50
10. 50
10. 50
10.50
10. 60
10.50
10. 50
10. 50
10. 50
10. 44
10. OC
657
104
149
2, 464
021
137
197
2,450
545
158
180
2, 380
503
179
181
2,300
405
131
208
2, 333
369
158
172
2,292
351
203
217
2,217
322
218
143
2. 303
233
120
115
2,306
254
64
64
2,310
258
71
97
2, 318
28S
95
138
2,282
705
437
29
1,006
1,518
605
1,340
60
1,346
1,324
425
1,228
44
965
1, 434
155
1,219
45
848
1,351
118
1,137
45
1,045
1, 959
140
1, 164
42
1,121
2, 091
175
920
83
889
1,877
850
1,651
552
1, 105
2,715
140
199
32
531
1, 561
100
175
0
350
1,317
100
155
13
266
1,363
925
115
20
414
811
1.575
6, 544
29.6
6,492
21, 557
6,565
1.570
8,554
37.5
8,784
21, 301
6,304
1.650
8,813
39.8
8,541
21, 600
6,424
1.650
8, 144
35.7
7,898
21,852
6,588
1. 650
7,842
34.5
8,249
21, 424
6,332
1. 850
7,680
34.8
7,388
21, 734
5, 975
1. 650
6, 675
29.3
8,439
19, 972
6,055
1.650
5,779
26.2
5,674
20, 078
6,213
1.650
4,447
19.5
3,104
21,460
6, 137
1.650
3,202
14.1
2,846
21,847
6,318
1. 650
3, 053
14.9
2, 952
o21,899
6,348
1.658
4,299
18.9
« 4, 878
«21,289
« 6, 343
GLASSWARE, ETC.
Glass containers: #
2,946
2,639
2,935
2,922
3,113
3,250
3,156
3,132
3,037
3,169
2,855
3,115
2, 859
Production
.
.. thous. of gross51.4
49.3
49.9
53.0
56.7
52.6
54. 3
51.8
55. 1
55.0
56.5
53 2
54.0
Percent of capacity
2,
963
2,584
2,679
2,
956
2,430
2, 537
2,908
2,991
3,083
3,201
3,168
3, 260
3,106
Shipments
thous. of gross..
7,955
8,010
7,990
7,871
7,592
7,481
8, 060
7,581
7, 548
7,616
7,666
7, 231
7,210
Stocks, end of month
thous. of gross
Illuminating glassware:*
Orders:
1,850
2, 115
1,774
1,681
1, 990
2,184
1,145
1,491
1,453
1,423
1,411
1,553
New and contract
number of turns.. 2,020
2,611
2, 252
2, 356
2,305
2,456
1.794
1,951
2,540
1,858
2,205
2,216
2,235
Unfilled, end of month. ..number of turns.. 2, 608
1,902
1,774
2,022
1,638
1,877
2,065
1,512
1,844
1,495
1,062
1,188
1,276
1,453
Production
..number of turns
Shipments:
1,791
1, 691
1,685
1,999
1,851
1,920
1,427
1,390
1, 255
1,446
1, 427
1,880
1,105
Total
.. ..number of turns
69.8
65.9
65.6
72.1
77.9
74.8
48.9
55.6
49.9
55. 6
73.3
56.3
43.1
Percent of full operation ..
..
4, 624
4,795
4,487
4,525
4,475
4, 432
4,641
4,615
4,735
4,610
4,649
4, 457
Stocks, end of month
number of turns.. 4,945
Plate glass, polished, production f
16, 532
13, 365
13. 723
8,390
6, 587
7,512
7,764
8,629
7,242
6, 738
6,520
7,450
thous. of sq. ft— 16, 999
0
Revised.
' Discontinued.
* Naw sariei. Earlier data not published on rubber heels and soles prior to December 1932, and on illuminating glassware prior to July 1932 (except production and
percent of capacity); for earlier data see p. 20 of the June 1933 issue, face brick, machine production.
§ See p. 20 for new series on production and shipments of common brick, paving brick and hollow building tile.
1 Adjusted for degrading and year-end physical inventories.
t Revised data for 1933 represent total production for the United States.
# Series on glass containers are not comparable for 1934 and earlier years due to increase of numbar of firms reporting to 44. Shipments of the 44 firms for the year of
1933 amounted to 33,055,708 compared with 23,511,953 for the 39 firms reporting a year ago. Comparable statistics on shipmants for the companies, now reporting by years,
from 1923 to date were as follows (in gross): 1923, 31,943,016; 1929, 33,765,896; 1930, 31,905,933; 1931, 31,413,503; 1932, 26,947,919; and 1933, 33,043,747. Data are not available for
this period on production and stocks, nor are monthly figures on shipments available. It may ba noted from the trend of these data that the monthly figures prior to 1934
had a downward bias. Basis of estimating capacity was changed in computing the new series. Data beginning January 1934 revised see p. 52 of the May 1935 issue.
• In October 1933 4 new companies were included in the report and 1 additional company in January 1934. Since that month, the coverage of the industry is 100 percent.
For preceding periods the coverage varied but was about 80 percent. Overlapping figures are available for October 1933. See the October 1934 issue for October 1933 data for
the smaller number of firms.
53
SURVEY OF CURRENT BUSINESS
June 1935
Monthly statistics through December 1931,
1935
ences to the sources of the data, may be found
in the 1932 Annual Supplement to the Survey
April
1934
April
May
June
July
1935
Decem- January
October NovemAugust September
ber
ber
February
March
STONE, CLAY, AND GLASS PRODUCTS—Continued
GYPSUM *
Crude (quarterly):
Imports
short tons..
Production
short tons
Shipments (uncalcined)
short tons..
Calcined (quarterly):
Production
.
... short tons..
Calcined products (quarterly) :
Shipments:
Board, plaster (and lath) -thous. of sq. ft..
Board, wall.
thous. of sq. ft..
Cement, Keenes
short tons..
Plasters, neat, wood fiber, sanded, gaging,
finish, etc
short tons
For pottery, terra cotta, plate glass, mixing
plants, etc
short tons_.
Tile, partition
thous. of sq. ft
TERRA COTTA
Orders, new:
Quantity
short tons
Value
_.
„ thous. of doL.
1 440
133
880
69
996
95
92, 703
439 953
173, 218
88, 408
450 364
145, 404
101, 805
334 318
99, 956
10, 730
292, 406
84,853
325, 958
257, 048
234 735
233,852
31, 591
76, 218
4,258
32, 601
44, 612
3,501
32, 904
49, 793
2,866
29,937
51, 362
2,997
226 405
188 314
162 020
165,970
29, 437
2 426
24, 681
1 721
23, 985
1, 550
1 630
122
964
83
1 382
84
515
50
761
65
539
41
1 090
82
967
80
934
80
795
56
6,989
8,078
17, 238
9,564
9,791
17, 006
9,466
9,308
17, 159
8,001
8,220
16. 934
9,996
8,588
18, 343
9,214
8,732
18, 825
9, 692
9,768
18, 749
TEXTILE PRODUCTS
CLOTHING
Hosiery:* t
Production
thous. of dozen pairs.
Shipments
thous. of dozen pairs..
Stocks, end of month.thous. of dozen pairs
Men's and boys' garments cut:
Overcoats
thous. of garments
Separate trousers
thous. of garments.
Suits
thous. of garments
9,878
9,402
18, 134
10, 132
9,611
18, 742
8,474
8,458
18,845
6,674
6,349
19, 164
7,838
8,666
18, 332
COTTON
414
463
421
296
520
547
477
Consumption f
thous. of bales..
478
513
519
360
363
481
Exports:
Quantity, exclusive of linters
323
616
572
504
466
253 |
454
thous. of bales..
390
387
306
285
459
313
Value. (See Foreign Trade.)
Qinnings (total crop to end of month)
0
7,920
1,398
4,958
9,030 & 9, 174 <*9,380
thous. of bales
100
9, 472
9
12
8
Imports;?
thous. of bales..
11
8
8
10
12
8
11
10
15
10
Prices:
.117
.125
.123
.124
.122
To producer
_
dol. per lb_.
.123
.131
.131
.116
.116
.123
.110
.115
.117
.125
.127
. 134
. 131
.127
Wholesale, middling, N. Y
dol. perlb..
.126
.129
.126
.119
.114
.123
.115
9,634
Production, crop estimate
thous. of bales..
227
482
2,283
527
1,676
1,498
977
Receipts into sight^..thous of bales..
432
374
522
339
420
515
Stocks, end of month-f
Domestic, total mills and warehouses
10, 521
11, 089 10, 940 10, 158
thous. of bales.. 8,263
6, 905
8, 673
6,794
9,534
8,902
7,982
8,679
7,311
1,140
1,194
1,294
1,300
1,081 i 1,057
Mills
._
„..thous. of bales.. 1,081
1,161
1,585
1,422
1,228
1,326
1,117
9,641
8,964
9,381
5,824
7,616
9,795
Warehouses..
thous. of bales.. 7,202
7, 785
5,566
8,373
7,094
6,560
5,985
7,482
7,963
7,955
7,819
6,639 i 7,210
World visible supply, total
thous. of bales.. 6,124
6,881
7,197
8,566
7,362
6,950
7,959
5, 962
6,037
4,532
5,225
6,086
5,565
American cotton.
-.-thous. of bales.. 4,169
4, 715
5,132
5,541
5,040
4,737
6,093
COTTON MANUFACTURES
Cotton yarn:
Prices, wholesale:
.296
.312
.304
.309
.315
.316
.306
22/ls, cones (Boston)
dol. per lb_.
. 297
.308
.299
.320
.301
.298
40/ls, southern, spinning
dol. per lb.
.464 | (2)
,459
.471
.458
.451
Cotton goods:
Abrasive cloth. (See Paper Products.)
!
i
Cotton cloth:
ExportsS
thous. of sq. yd.. 16,285 23, 791 22, 792 21, 223 15, 647
16, 857 16, 444 15, 484 15, 848
18, 713
14, 458 17, 330 16, 423
5,903
2,512
2,592
Imports?
thous. of sq. yd.
4,353 | 5,474
3,517
1, 944
2, 108
7,727
6,135
7, 118
3,817
1,701
Prices, wholesale:
.061
Print cloth, 64 x 60
dol. per yd.
. 074
. 070
. 066 . 068
. 067
.062
.064
.067 ! .071
.065
.067
.063
Sheeting, brown, 4 x 4 (Trion mill)
.082
.073
. 081
. 078
. 077
. 077
.074
dol. per yd..
.080
.076
.077 i .079
.076
.077
Cotton cloth finishing:*
Production:
Bleached, plain
thous. of yd.. P146, 605 150, 138 137, 053 106, 741 101,015 i 113,209 111,581 134,386 126, 726 128, 898 145, 390 137, 335 0" 148, 710
Dyed, colors—
thous. of yd..
104, 689 97, 838 73, 954 66, 472 73, 651 73,407 I 89,420 87, 679 87, 992 107, 283 104, 987 119, 107
6, 162 ! 7, 985
Dyed, black
thous. of yd_. *6' 433
6,114
°6,797
5,916
5,834
5, 686
5, 738
6,693
6,999
4,885
6, 013
Printed
_
thous. of yd. P106, 100 122, 951 114,803 83, 414 75,833 i 84,499 90, 772 126, 384 114, 139 107, 379 120, 203 117, 780 « 122, 548
Stocks:*
Bleached and dyed...
thous. of yd_. 297, 866 308, 895 310, 471 314, 413 310, 039 269, 461 266,886 277,030 298, 233 284, 473 288, 864 276, 863 291, 481
Printed
thous. of yd. 103, 500 106, 388 107, 128 118, 034 109, 756 101, 057 101,083 j 108,830 111,758 107,585 | 100,008 97, 232
97, 732
Qpindle activity:f
Active spindles.
thousands 23, 854 26, 485 25, 896 24,621 24, 418 24, 154 22,113 I 25,095 25, 051 25,057 i 25,146 24, 925
24, 571
6, 058
Active spindle hours, total, .mills, of hours5,241
6,663
7,259
5, 152
5, 753
3, 716 I 7, 185
6,027 i 7,510
6,575
7,268
6,703
197
Average per spindle in place
hours..
234
234
167
186
120
233
195 | 244
216
169
213
217
Operations
...percent of capacity..
85. 3
54.3 1
97.1
74.3
76.8
87. 1
102. 6
100.2
105.6
98.0
72.6
94.0
92.9
6
• Revised.
As of Dec 13.
<* As of Jan. 16.
*> Preliminary.
* New series. For earlier data on gypsum, see p. 20 of the January 1933 issue; the new series on hosiery compiled by the Hosiery Code Authority and are estimated to
represent 95 percent of the industry. The revised data on hosiery presented in the October 1934 issue are based on a check of the data previously reported, made by the
Code Authority. Data on cotton cloth finishing are from the National Association of Finishers of Textile Fabrics and cover practically all the industry; comparable figures
are not available prior to December 1933; the production statistics are prorated from data for 4-week periods; stocks are as reported at end of each 4-week period.
1 For revisions for crop years 1931-32, 1932-33, and 1933-34, see p. 52 of the October 1933 issue, p. 52 of the September 1933 issue, and p. 53 of the October 1934 issue,
respectively.
f For revisions of cotton consumption, domestic stocks and spindle activity for crop year 1931-32, see p. 20 of the February 1933 issue, for crop year 1932-33, see pp. 52
and 53 of the November 1933 issue, for crop year 1933-34, see p. 53 of the October 1934 issue. Data on hosiery revised by the Code Authority; revised data for the months
of 1933 previously shown in the Survey, and comparable data on shipments back to 1929 will be shown in a subsequent issue.
§ For 1932 revisions see p. 53 of the June 1933 issue; for 1933 revisions see p. 20 of the September 1934 issue.
# See footnote on p. 35 of this issue. Data revised for 1933; see p. 20 of the October 1934 issue.
• Stocks at end of 4-week periods through June 16. July figures are averages for July 14 and Aug. 11. August figure as of Sept. 8. Subsequent data or succeeding
4-week periods.
2 Discontinued by reporting source.
SURVEY OF CURRENT BUSINESS
54
Monthly statistics through December 1931,
together with explanatory footnotes and references to the sources of data, may be found in
the 1932 Annual Supplement to the Survey
1935
April
1934
April
May
June
July
August
1935
|
Cm"| October
TEXTILE PRODUCTS-— Continued
j
June 1935
Se
Novem- DecemJanuary
ber
! ber
I .
i
^^
March
i
RAYON AND SILK
Rayon: J
Imports §#
thous. of lb_.
14
30
4
11
16
24
27
29
25
6
22
9
26
Price, wholesale, 150 denier, "A" grade
(N. Y.)
dol. per lb._
.55
.55 ;
.55
.55
.55
.55
.60
.55
.55
.57
.60
.60
.60
Stocks, imported, end of month thous. of lb_.
440
372
449
280
275
272
276
265
264
263
262
Silk:
Deliveries (consumption)
bales. . 39, 757
37, 392
38,740 \ 33,069
32, 599
32,021 1 36,247
49, 106
37,548
40,941
47,443
41,732
44, 347
Imports, raw§#
thous. of lb..
4,905
4,798
5,176 ! 5,037
4,719 | 4,731
6,846
5, 387
7,219
2,566
5,278
6,516
5,658
Prices, wholesale:
Raw, Japanese, 13-15, N. Y...dol. per lb__
1.391
1.318
1.284
1.199
1.139 i 1.133
1.125
1.185
1.292 i 1.358
1. 348
1. 432
1.327
Silk goods, composite
dol. per yd_.
.92
1.01
.96
.93
.92 |
.93
.93
.93
.95 <
.96
.94
.96 (
.96
Stocks,
end
of
month:
W T orld, visible supply
_bales_. 220, 577 278, 000 268,000 259,000 272,000 | 285,000 285, 300 277, 800 275,000 272,300 258, 500 234, 457
223, 548
United States:
At manufacturers
..bales..
21, 902
21,675 ! 20,430
19,479 ! 18,500
20, 010
20, 844
20,354 i 21,440
17,630
(0
At warehouses
bales.. 37, 587
61, 083
61,060 ' 59,048
76, 645
66,268
58,694
66, 479
76,502 i 65,934
48, 516
48, 727
36, 583
Silk manufacturing:
Operations, machine activity:
Spinning spindles:*
All
percent of capacity. .
40.5
48.6
41.5 i
40.3
31.5
40.0
28.0
43. 2
44 4
46 8
55 0
°5? 2
M5
8
0
C
a
5-B
percent of capacity. _
40.5
45.9
39.5
38.9
37.2
37.1
37.8
47.4
45. 8
45. 8
50 3
51 8
ol 4
Weaving:
Broad looms f
percent of capacity.38.1 ' 46.5
54.7
42.9
41.7
25.0
48. 1
Narrow looms t - - percent of capacity. 24.9 i
29.7
29. 0
25. 6
18.7
35.7
Silk piece goods:*
Commission mills:
New orders yards per loom..
277.0
247.3
278.4
449. 0
290.2 : 428.7
242.3
342.0 I 425.7
Production
yards per looin..
614.8
434.2 1 458.5
232.2
550. 8
409.9
462.2
512.3
520.0
Shipments
yards per loom..
248.2
536. 5
572.0
411.7 j
426. 1
414.8 i 456.4
481 Q
534 7
i
Stock-carrying mills:
Production
yards per loom-344.9
320. 2
269. 7
296. 3
270. 0 ;i 292. 0
174.7
325 6
320 9
Shipments
yards per loom. .
390.2
357. 7
257. 8
286. 9
400. 3
318.5
325. 9
367. 6 ;'• 399. 4
Stocks, end of month. ..yards per loom..
937. 7
890. 3
977. 3 ; 1,004.5 • 952.2
818.6
830, 9
853.8
787.5
StUl to come off looms, yards per loom..
384. 1
387.2
327.4 i 320.0
378.5
372.8
324.5
393.5 ! 480 9
WOOL
Consumption, grease equivalentj-thous. of lb_. * 62, 066 29, 889
28,213
26,213 b 27, 254 i t 28, 495 b 23, 467 » 34, 065 b 44, 858 l b 57t 065 b 58, 370 * 51, 610
b 65, 006
Imports, unmanufactured^
thous. of lb_. 15,459
13, 567
7,458
8,003
13,939
7,632
7,046
7, 567
8,850
4,964
5,074
8,583
11,964
Operations, machinery activity:*
111
Combs worsted
- percent of capacity. .
46 "
29
82
95
47
40
37
38
49
95
100
89
Looms:
Carpet and rug
percent of capacity-58
39
42 ;
46
30
34
52
33 !
35
23
28
36
45
34
Narrow
percent of capacity. .
27
18
40
41
30
29
26 i
24
29
26
28
31
Wide
percent of capacity. .
73
82
55
28
45
56
54 i
48
63
81 i
88
53 1
51
Spinning spindles:
Woolen
percent of capacity. .
76
45
63
70
81
68
71 '
66
71
85 ;i
92
71 i
72
Worsted
- percent of capacity. .
63
39
40
29
35
61
21
48
65
74
71
31
26
Prices, wholesale-:
.64
Raw, territory, fine, scoured
dol. perlb..
.85
.76
.76
.66
.84
.84
.84
.76
.76 i
.69
.76 '
.76
Raw, Ohio and Penn.,fleeces— dol. per lb_.23
.23
.30
.28
.37
.33
.31
.31 j
.31
.28
.27
.26
.25
Suiting, unfinished worsted, 13 oz. (at mill)
dol. per yd_.
1. 510
1.634
1.650
1. 634
1. 634
1. 510
1. 460
1.634 1.634
1.485
1.510
1.510
1.510
Women's dress goods, French serge, 54" (at
.990
1.139
1.139
.990
1.103
1. 119
1. 139
1.139
1.139
1. 101
. 990
.990 :
.990
factory)
dol. per yd-_
Worsted yarn, 2/32s, crossbred stock Boston
dol. per lb._
1.05
1.35
1. 31
1. 28
1.17
1.26 !
1.21
1.18
1.05
1.10 !
1.08
1.11
1.10
8,951
12, 744
6, 507
Receipts at Boston, total*
thous. of lb_.
59,972 ! 23,673
14, 829
13, 877
35, 345
4,405
11,053
5,758
5, 177
3, 730
7,141
4, 626
2,872
13, 942
12, 025
33, 512 ! 58,962 I 22,987
12, 033
4, 478
2, 380
Doniestic
thous. of lb..
10, 687
4, 826
1,810
1,881
1,010 !
687
711
Foreign*
thous. of lb-_
1,533
1,851
1,833
887
366
932
699
1,350
Stocks, scoured basis, end of quarter. 1
134, 455
192,345
.. 178,292
170.004
Total
thous. of lb_.
115,216
168, 344
Domestic
thous. of lb_.
148 330
149 016
9
19,239
27, 962
24, 001
Foreign
thous. of lb..
0 988
88, 163
Combing
. . . thous. of lb..
135, 706
116,8)4
113, 751
i
46, 292
59,448
56, 639
. 56,253
Clothing
thous. of lb_
MISCELLANEOUS PRODUCTS
j
Burlaps and fibers, imports: §#
42,471 31,631
27, 124
22, 517
35,113
34,400
27,093
31, 472
27, 493
27,196 i 49,447
30, 573
Burlaps
thous. of lb._ 42, 204
fib ers
long tons.. 20, 085
18, 035
10, 978
9, 044
17 172
21,399
15 010 ' 15 625
10 881
10 530
21 098 ' 20,271
17, 861
Buttons and shells:
Buttons:
80
111
75
72
119
63
121
45
Imports total§#
thous. of gross...
54
65
28
77
79
68
71
70
103
44
From the Philippines
thous. of gross..
58
47
21
62
70
35
77 !
42
Fresh-water pearl:
49.3
37.0
43.1
44. 8
50. 3
45.9
48.4
41. 1
Production
percent of capacity-57.9
40.0
23.7
34.5
61.7
8,357
6, 432
8, 258 « 7,316
6, 296
8, 676
8, 536
Stocks, end of month
thous. of gross..
6,791 i 6,634
6, 396
6, 236
7,303
7,118
634
222
1,393
811
460
335 ! 1,644
289
442
1, 266
414
310
Shells, imports, total§#
thous. of lb._
345
607
165
772
432
469
219
Mother-of-pearl
thous. of lb__
423
130
313
226
199 I
526
168
1,479
1 119
905
1 018
667
853
365
523
650 i
524
Tagua nuts imports§#
thous of lb
1 148
638
458
1,018
1,060
929
956
949
817
823
815
Elastic webbing, shipments
thous. of dol._
646
840
858
705
960
P2.171
2, 220
1,799 1,942
1,797
1, 842
1, 644 ; 2,038 ! 2,669
1,887 i 1,386
Fur, sales by dealers
thous. of doL. *> 2, 000
2,241
Pyroxylin-coated textiles (artificial leather):
2, 822
3 036
2,993
3,050
2, 930
3,139
3,224
3,323
3,065
2,988
2,787
Orders, unfilled, end of mo.thous. linear yd_. 1 2, 654
3,346
4,829
4,214 i 4,444
3, 294
3, 325 ! 3,257
4, 600
2,972
3,654
3,337
Pyroxylin spread
thous. of lb_.
4,258
3,350 : 2,706
!
4, 691
3,738
1
4,057
4, 328
2.649
!
3,059
3.031
3,
125
Shinmonts. billed
thou*. of linear yd..
4. 023
2,833
i
3,197
3.327
2,645
a
2
p
Revised,
ff
See
footnote
on
p.
35
of
this
issue.
Discontinued.
Preliminary.
&
Since July 1934 report has been on a weekly basis. Data for September and December 1934 and March 1935 are for 5 weeks; other months, 4 weeks. Figures for
July and succeeding months are computed from Census Bureau figures so as to represent 100 percent of the wool industry.
§ For 1932 revisions see pp. 53 and 54 of the June 1933 issue, and for 1933 revisions see p. 20 of the October 1934 issue.
f Compiled by the Silk Code Authority (The National Federation of Textiles. Inc.) and represent the percentage of operations based on an 80-hour week (2 shifts of 40 hours
each). Data are not comparable with the series previously shown in the Survey which were based on a smaller sample and computed on the basis of a 48-hour week.
* New series- Silk spindle activity, compiled by Silk Throwing Code Authority; not comparable with spinning data previously shown. For earlier data on silk piece
goods (stock-carrying mills only) see p. 19 of the April 1935 issue, excepting for yardage on looms, which is shown on p. 20 of the August 1934 issue. Wool stock series began
in June 1934.
* Beginning with the July 1934 report the statistics are reported on the basis of 4 and 5 weeks, the weekly distribution being determined by the Saturdays. The statistics presented herewith are still based on the pre-code computed normal (currently based on the single-shift performance over the 5-year period 1928-32). The current data
represent practically complete coverage of the industry. No allowance for holidays in Jan. 1934, Jan. 1935, and Dec. 1934. Conversion will be made for earlier months
(since effective date of code) at a later date.
* Foreign receipts for year 1934 are compiled by 17. S. Department of Agriculture and are not comparable with data carried through December 1933. This results in a
total figure which also is not comparable with earlier data.
^Compiled by the Bureau of the Census and represent stocks of raw wool held by all dealers, topmakers, and manufacturers who usually hold significant stocks of wool.
The figures for the 3 quarters of 1934 have been revised to include the "grade not stated."
J Grease equivalent of shorn wool, plus actual weight of pulled wool. Conversions are based on totals; scoured wool is multiplied by 2 and pulled wool by 1&. Includes
clothing and carpet wools
cf See p. 19 for an index of rayon deliveries, 1923 to date.
55
SURVEY OF CURRENT BUSINESS
June 1935
Monthly statistics through December 1931,
together with explanatory footnotes and references to the sources of the data, may be found
in the 1932 Annual Supplement to the Survey
1934
1935
April
April
I
May
June
1935
Decem- January
N
°berm~
ber
August SeptemOctober
ber
July
r
utT 1 «««*
TRANSPORTATION EQUIPMENT
AIRPLANES
Production total
Commercial (licensed)
For export
83
47
21
15
3,778
2,754
1,929
1,140
641
367
15, 552
8,040
7,512
16, 280
9,208
7,072
15, 420
8,279
7,141
183
102
57
24
205
122
65
18
155
105
19
31
191
102
8
81
180
81
15
84
120
60
24
36
6, 356
5,194
3,950
2,930
4,205
3,185
5,255
3,970
6,555
4,692
3,517
2, 532
3,343
2, 285
26, 433
18, 341
8,092
27, 265
16, 509
10, 756
24, 670
16, 058
8,612
24, 887
18, 071
6,816
23, 959
17, 621
6,338
19, 827
12, 522
7.305
17,766
10, 23f,
7,530
number
Exports
AUTOMOBILES}
Canada:
Automobiles, assembled
. - number..
Passenger cars
number
United States:
Value. (See Foreign Trade.)
Automobiles, assembled, total§-.number_.
Passenger cars§ __ ..number..
Trucks §
number
Financing:
Retail purchasers, total.
_thous. of doL-
111
57
42
12
120
67
35
18
number
number
85
51
15
19
99
56
28
15
165
86
41
38
4,858
4,342
9,355
6,665
21,827
15, 067
6,760
29, 806
20, 986
8,820
i
1,585
1,366 I
17, 626
11,035
6,591
95, 149
55, 303 43, 789
56, 152 66,419
95, 485
68, 224
99, 591
99, 114
87, 700
67, 209
87, 998
61, 695
33, 784 24, 761
42, 738
35, 937 42, 779
59, 772
68, 842
65, 093
68, 029
43, 250
67, 991
31, 598
20, 390
Used cars
thous. of dol._
24, 127
29, 763
22, 708
18,016
18, 955 22, 285
26, 694
28, 401
28, 028
28, 601
1,355
1,856
1,120
1,012
Unclassified
thous. of dol._
1,643
1,252
1,360
1,532
1,837
1,871
1,260
1,791
Wholesale (manufacturers to dealers)
145, 519
45, 363 29, 730 36, 530
thous of dol
121, 061 123, 691 102, 706
90, 294
93, 830 106, 054
85, 108
55, 586
Fire-extinguishing equipment:!
Shipments:
47
22
36
31
25
Motor-vehicle apparatus
_ _ number
32
25
36
45
39
30
35
40
20, 697
21,713
31,219
Hand-types
_
number.. 29, 796
24, 007
22, 264
22, 183
23, 056
21, 536
25, 169
16, 597
28, 915
21, 495
Production:
Automobiles:
24. 121
18,114
1,697 °2,694 10, 607
21,975
Canada, total
number
3, 780
20, 161
13, 905 ! 11,114
9,904
5,579
18, 363
20, 686
13,885
18, 179
Pa^enger cars
number
1, 052 «2,443
4,211
16, 504
10,810
7,325
2,125
15, 451
8, 407
8, 269
477, 716 "352, 975 "330, 455 "306, 477 "264, 933 «234,811 M 70,007 "131,991 a 83, 482 "153, 624 "292, 817 «335, 699 " 429, 834
United States, totalf
number
401, 628 "288, 355 "273, 764 "261, 280 "223, 094 183, 500 "125, 040 " 84, 003 a 49, 020 "111,061 "229, 233 "275, 623 «361,816
Passenger carsf.
.
- . number
Taxieabs*..
number..
76, 088 « 64, 620 " 56, 691 « 45, 197 * 41, 839 "51,311 a 44, 967 « 47, 988 * 34, 462 <• 42, 563 « 63, 584 " 60, 076 "68,018
Trucks f
number
1,907
1,616
1,724
Automobile rims . _ . _ thous. of rims
630
578
1, 140
752
1, 199
1, 869
1,636
1,016
1, 155
520
Registrations:
319,652 222, 900 219, 163 223. 642 i 228,760 193. 828 146,931 140, 880 107, 648
New passenger carsf
... _ _ _ number
75, 514 136,635 170, 615 "261,477
46, 785
34, 797 "41,511
New commercial cars*
number
28, 689 24, 125
38, 882
39, 831
34, 778
37, 490
40, 790
37, 225 40, 878
34, 759
Sales:
General Motors Corporation:
143,909 106, 349
77, 297
To consumers
_ . number
62, 752 41,530 54, 105
126, 691
69, 090
95, 253 112, 847 101,243
71, 648
86. 258
184, 059 163, 954 132, 837 146. 881 134, 324 109, 278
To dealers, total H
number
61,037 41, 594
169, 302
72, 050
98, 268 121, 146
71,888
U. S. dealers..
number.. ! 152,946 121, 964 103, 844 118, 789 107, 554
132, 622
39, 048 28, 344
53, 738
50, 514
87, 429
75, 727 92, 907
Shipments, accessories and parts, total*
Jan 1925=100
123
77
115
135
106
99
79
127
92
81
99
113
Accessories, original equipment
j
66
123
142
Jan. 1925=100..
112
66
130
95
101
101
71
115
85
Accessories to wholesalers
Jan 1925 ~ 100 i
124
102
72
83
82
101
96
107
92
101
110
101
Replacement parts
Jan. 1925=100
145
143
134
123
144
145
135
127
129
135
103
126
Service equipment.. . . Jan. 1925=100 i
56
70
86
61
72
71
67
60
65
71
68
55
RAILWAY EQUIPMENT
Equipment condition:
Freight cars owned:
181,396 190, 079 189, 700 189, 426 ! 188,491 186, 889 186,117 185, 497 184, 898 183, 363 182, 685 182, 117 « 182, 773
Capacity
mills of Ib
1,883
1,892
1,888
Number, total
thousands
1,985 ! 1,971
1, 932
1, 925
1, 994
1,989
1,949
1,900
1,907
1,938
274, 775
Bad order, total
number. 284, 728 295, 191 301, 368 298, 846 < 299,780 1 293,173 296, 418 297, 546 295, 947 290, 709 285, 256 277, 451
15.4
14.9
14.8
Percent of total in bad order
15.4 1
15.6
15.0
15.5 i
15.6
15.2
15. 3 |
15.3
15.5
15.5
Locomotives, railway:
Owned:
2,231
2,232
2,236
Tractive power. _
mills, of lb_.
2,345
2,341 i
2, 334
2,271
2, 310 ! 2, 297
2,278
2,251
2,243
2, 2S5
46, 193
46, 237
Number _
.
number
49, 573
49, 395 , 49, 21 1 ! 48, 587
48,209
47. 782 i 47, 553 47, 329 46, 869 : 46,636 46, 363
10,423
10, 389
Awaiting classified repairs, .number.. 10, 539
11, 095
11,080
10, 803 ! 10,789
10, 676
10, 718 10, 344
10, 771
10,419
10,616
22.8
22.5
22. 5
Percent of total
22.8
22.8
22.5
22.7
22.3 !
22.3 |
22.4
22.1
22.3
22.2
62
64
45
Installed
__
_ _ number
46
40 |
62
62
68 !
70 :
81
37
80
48 !
106
337
!
171
Retired _
number
311
291
292
218
224
261
439 i
568
475
543
Passenger cars:
On railroads (end of quarter)
number..
45, 278
43 354
' 44 363
Equipment manufacturing:
Freight cars:
600
806 i
0
Orders, new, placed by railroads
cars750
24
517
0 !
75
4 :
1.217 !
113 !
360
4
1, 447
427
444
Orders, unfilled, total
cars..
21,011
17,813 | 13, 755 ! 8, 372
3,080
15, 964
1.771
628
5,495
818
533
113 i
30
Equipment manufacturers
cars..
10, 000
15, 174
12, 516
5, 525
9, 607
'959
1, 795
53
399
3, 422
914
314
414
Railroad shops
cars.
6,964
1,285
812 ;
5,837
2, 847
575
5, 297 i 4, 148
2, 073
419
143
Shipments, total
cars..
334
99 !
159
121
191
1,788
1, 618 ! 3, 129 ! 4, 186 j 3, 331
768
999
99
!
143
Domestic
cars
162
159
190
1,616
4, 184
1,768
3, 059
748 !
995
65
3, 329
Locomotives, industrial electric (quarterly):
;
H
:
Shipments, total
number.
39
70
63
87
30
Mining use.
... number
70
87
;
63
Locomotives, railway:
;
1
8
Orders, new, placed by railroads.. number., i
2
40
1
17
3
0
5
5 \
69
0
o
Orders, unfilled, end of month:
Equipment
manufacturers (Census) \
total
number..
83
102
91
146
136
137 !
135
118 i
127 !
133
127
127
115
Domestic, total .
_ number
77
97
86
142
126
125
122 i
123
121
115
106 !
125 i
109
74
Electric
number
84
61
78
88
60
59 i
59
56
56 l
89 i
101 !
96
3
Steam
number
13
8
54
65
67 I
64
59
50
36
20
13
61 i
o
1
Railroad shops 04. R. A.)
number..
1
1
0
20 |
0
0 j
0
0
0 !
0
0
Shipments:
\
11
Domestic, total
.
number
12
0
2
4
16
31
13
6
21
11
16 i
13
6
Electric
number
12
11
2 I
3
0
2
2 i
0
31
3
0
6
5
Steam
number
0
5
0
0
0
10
6 !
2
9 1
16 !
18
17
22
Exports, totalf
number
5
8
10
12
14
8
4
6
28
9
8
12
Electric.
.number4
7
7
10 !
14
11
8
7
3 i
17
3
6
Steam
number
10
1
1
1
1
3
4 i
3
0
3
11
1
3
Passenger cars:
Orders, new, placed by railroads-number..
55
75
0
2
0
0
0
0
47
0
0
0
0
Orders,unfilled(end of quarter).number__
193
182
118
Shipments, total
number
41
13
0
41
2
6
0
56
10
5
38
44
«6l
41
Domestic.
number..
0
0
41
2
10
13
0
56
38
6
29
°61
• Revised.
• New series. For earlier data see p. 20 of the February 1934 issue for total shipments, accessories and parts, and registrations of new commercial cars.
f Revised series. For earlier data see p. 19 of the August 1933 issue for fire extinguishers and passenger-car registrations: and p. 55 of the June 1933 issue for 1932 exports
of locomotives. Data on automobiles revised for 1933. See p. 55 of the August 1934 issue. For revised data for 1934 not shown above see p. 56 of this issue.
t Index of sales of new passenger cars is shown on p. 26 of this issue.
5 Data revised for 1932. See p. 54 of the June 1933 issue. Data revised for 1933. See p. 20 of the September 1934 issue.
Taxicabs are included in figures for passenger cars, beginning January 1934 in order to avoid disclosure of individual companies,
Digitized for•^ FRASER
United States and Canadian dealers, plus overseas shipment.
i
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
1935
April
June 1935
1934
April
May
July
June
1935
SeptemDecem- January FebruOctober November
ber
ary
ber
August
March
TRANSPORTATION EQUIPMENT— Continued
ELECTRIC TRUCKS AND TRACTORS
75
Shipments, industrial, total
number-Domestic
number
70
Exports
n umber. .
5
SHIPBUILDING
United States:
Merchant vessels:
Under construction-. _thous. of gross tons..
20
Completed during month.total gross tons.. 12, 640
3,
543
Steel total gross tons..
World (quarterly):
Launched:
Number
ships
Tonnage
thous. of gross tons
Under construction:
Number
ships
Tonnage
__thous. of gross tons
72
71
1
63
60
3
65
64
1
29
27
2
38
37
1
39
36
3
45
43
2
24
23
1
50
45
5
42
42
0
58
57
1
«59
• 56
3
48
12, 904
8,101
46
11, 958
9,843
38
7,535
3,256
35
10, 970
7,877
33
5,156
2,907
32
49, 975
1,601
33
2,441
1,555
49
2,370
858
50
2,430
447
38
3,103
38
4,483
3,740
30
14, 510
11,344
2,097
99
145
129
307
124
384
112
*279
288
1,216
296
1.311
271
1,252
325
1,270
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—?
Miningf1926=100..!
Distribution
1926=100..!
Carloadings
.1926=100..
Exports (volume)
..1926=100..!
Imports (volume)
1926=100
Trade employment .
1926=100..
Agricultural marketing
1926 = 100. . i
Grain marketings
1926=100Livestock marketings
1926=100..
Commodity prices:
\
Cost of living index 3
1926=100.,
Wholesale price index#
. 1926=100 .
Employment, total (first of month) .1926 =100..
Construction and maintenance
1926= 100. J
Manufacturing
- 1926=100..
Mining
1926=100..,
Service
1926=100..:
Trade
1926=100..!
Transportation
1926=100..
Finance:
Banking:
Bank debits
- - mills, of dol—
Interest rates
1926-100Commercial failures*
number
Security issues and prices:
New bond issues, total
thous. of dol—
Corporation
thous. of dol—
Doininion and provincial.. thous. of dol—
Municipal
thous. of dol..
Railways
thous. of dol—
Bond yields
percent..
Common stock prices, total f— 1926=100Banks
1926=100—
Industrials
1926 = 100. .
Utilities
1926=100..
Foreign trade:
Exports
thous. of doL.
Imports
thous. of dol—
Exports, volume:
Automobiles. (See Transportation Equip.)
Newsprint. (See Paper.)
Wheat
thous. of bu..
Wheat
flour.
—thous. of bbl—
Railway statistics:
Carloadings
thous. of cars..
Financial results:
Operating revenues
thous. of dol.
Operating expenses
thous. of dol
Operating income
thous. of dol—
Operating results:
Freight carried 1 mile
._ mills, of tons..
Passengers carried 1 mile
mills, of pass
Commodity statistics:
Production:
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 tonsLivestock, inspected slaughter:
Cattle and calves
thous. of animals..
Swine
thous. of animalsSheep and lambs
thous. of animalsNewsprint. (See Paper.)
Silver. (See Finance.)
Wheat, visible supply. (See Foodstuffs.)
Wheat
flour..
thous. of bbL.
98.3
97.7
37.9
195.9
94.0
99.0
156.4
100.0
79. 1
81.5
71 5
121.0
91.8
91.7
92.0
92.6
91.4
28 3
176.7
87.7
94.2
160.2
96.0
76.0
69.6.
69 3
117.2
56.9
49.3
90.6
99.6
99.9
34 3
188.5
100.2
103.6
146.3
98.5
75.6
79.6
82 8
117.8
130.6
140.1
87.8
95.8
95.2
25 1
185.7
98.7
100.1
127.3
97.5
73.4
77.1
73. 1
119.6
97.2
99.6
86.7
95.7
95.6
34 8
180.6
99.0
96.7
117.2
96.2
72.3
76.7
72.2
118.0
148.8
164.0
80.6
99.0
99.8
39 9
184.8
100.7
98 4
135.7
96.7
74 9
77.3
70 0
118.0
172.8
195.8
70.0
97.1 i
97.5
40 4
162.7
99. 5 ,
93 8
132.9
96.2
67.0
82.8
73.5
119.8 l
127.7
139. 0
76.7
95.9
« 95. 5
37 2
170 4
94.8
100 3
143.5
97.2
68.7
85.3
78 2
119 5
61.2
57.9
75.7
96.5
97.0
42 2
181 4
96.0
104 1
137.5
95.2
65 9
60.6
85 3
119 3
51.2
46.3
72.8
92.4
91.0
30 6
188 8
91.8
110 3
121.8
96.1
65 7
61.6
72 6
123 8
36.0
29.0
67.3
97.5
97.8
73 4
189 7
88.9
95 7
140.4
97.1
75 8
70.1
71 3
118 9
30.6
19.3
81 5
100.6
101.1
76 9
188 9
92.5
95 2
143.5
99.4
78 S
79.2
70 7
120 7
62.2
55.2
93 4
94,2
93.3
51 3
190 5
86.8
93 1
143.4
96.8
73 3
73.8
65 6
120 5
65.4
57.7
100.0
78.8
72.5
93.4
80.2
93.9
117.7
111.4
117.4
76.3
79.4
« 71 3
91.3
95.8
88.1
103.3
111.8
116.1
75.9
78.5
71. 1
92.0
95.8
90.2
103.6
111.7
115.6
78.5
78.2
72. 1
96.6
116.7
93.2
106.2
115.4
116.5
80.3
78.4
72.0
101.0
140.6
93.8
107.0
119.7
119.1
82.6
78.7
72 3
99.9
129.0
94.2
110.3
123.0
116.6
83.6
79.0
72.0
98.8
118.1
94.3
112.4
125.5
117.1
83.6
79.3
71 4
100.0
117.0
94 4
117.9
116.2
120.0
84.8
79.4
71 2
100.2
111.0
92 8
121.2
114.9
121.3
83.9
79 0
71 2
98.9
100.3
91 3
122 9
115.2
126 0
80.1
78 9
71 4
94.4
87.9
87 4
119 1
115.2
130 6
76.2
79 1
71 9
94.6
87.2
90 1
120 3
111.9
116 6
76.2
79.0
72 0
96.4
94.2
92 7
118 8
111.7
116.7
76.5
2,367
80.8
2, 536
87.7
141
3,129
84.8
132
2,602
85.4
115
2,767
83.1
122
2,534
82.3
103
2,581
82.0
113
3,410
82.9
130
3,092
81.0
119
3,040
76.2
124
2 682
76.2
107
2 089
78. 3
2 236
79.5
72, 022
8,622
15, 000
0
48, 400
387
86.4
75.0
130.8
43.8
31, 964
16, 280
15, 000
684
0
4.20
90.7
76.1
133.0
68.1
76, 972
6,602
57, 707
664
12,000
4.06
88.6
75.2
128.0
66.7
9,514
2,200
0
7,314
0
4.09
87.2
72.7
126.1
64.5
51, 762
765
50,000
997
0
3.98
81.3
73.6
116,6
60.6
54, 968
2,231
52, 150
587
0
3.94
83.8
73.1
120.1
61.2
16, 945 271, 065
3,210
450
9,634 270, 000
4,101
615
0
0
3.93
3.97
83.8
85.2
74.9
76.1
118.8
122.0
50.1
49.0
5,248
685
0
4,563
0
3.88
86.0
78.3
125.3
46.5
48, 883
8,100
18, 878
1,405
20, 500
3.65
86.2
79.0
125 6
47.5
35, 363
1,205
33, 730
428
0
3.65
88.6
80.1
129.7
50.4
25, 495
5,100
19, 100
1,295
0
3.75
87.8
79.9
128 8
49.4
16, 378
1,012
15, 000
366
0
3.81
84.4
76.8
125.6
45.1
38, 296
36, 637
32, 047
34, 815
68, 543
62, 887
68,643
46, 186
56, 787
44, 145
55,837
43, 507
58, 815
42, 208
68, 313
47, 229
65, 677
49, 884
61, 395
39, 108
44, 374
37, 229
47, 677
37, 044
59, 026
48, 177
5,027
277
3,568
341
19, 024
482
18, 426
441
12, 979
408 :
14, 710
412
17, 588
369
21, 808
486
18, 770
504
5,380
346
7,207
310
8,906
497
187
185
1,881
43
• 17, 336
341
177
194
193
188
205
212
243
211
172
182
180
23, 395
19,488
2,839
26, 069
21, 240
3,814
24, 436
20,763
2,636
25, 206
22, 066
2,114
25,201
22, 947
1, 180
27, 605
21, 688
4,998
29, 151
21,453
6,746
25, 702
19, 916
4,797
24, 778
19, 902
3,629
20,953
20 475
419
21, 579
19 676
937
1,869
103
1,873
103
1,721
183
1,879
150
1,751
169
2,366
134
2,561
106
2,226
94
1, 739
136
1,576
115
1,685
105
1,698
27
1,831
38
1,627
43
1,853
47
1,954
39
2,053
42
2,013
44
1,803
37
!
1,709
37
1,621
37
1, 677
42
1,944
45
69
70
71
64
67
64
57
58
57
59
60
56
58
129
256
43
119
252
34
133
267
32
116
223
66
107
178
75
111
169
97
117
179
113
148
230
192
130
289
95
86
294
47
96
282
40
83
255
37
105
243
40
1,089
1,175
1,127
1,073
1,282
1, 383
1, 654
1,704 i
969
1,025
941
1,046
;
• Revised.
J Data for 1934 revised. See p. 56 of the May 1935 issue.
* Naw saries. For earlier data sea p. 18 of the February 1933 issue, business indexes, and p. 20 of the October 1933 issue, commercial failures.
t Revised aeries, Sao p. 55 of the April 1934 issue, construction, and mining, for 1933. Series on common-stock prices revised back to December 1932 as a result of
additional stocks being added; for revision see p. 56 of the April 1934 issue,
# Nurnbar of commodities changed from 502 to 567 beginning with month of January 1934.
£ Data revised from January 1932 through July 1933. Revision for 1932 see p. 55 of the November 1933 issue. For final revisions for 1933 see p. 56 of the October 1934
issue.
NOTE.—The following applies to automobile production series on p. 55. Data for 1934 revised. Revisions for January United States, total, 155,666, passenger cars 112,754,
trucks, 42,912; February, United States, total, 239,256 passenger cars, 186,774, trucks 43,482; March, United States, total, 338,434, passenger cars, 279,274, trucks, 59,160.
O
INDEX TO MONTHLY BUSINESS STATISTICS
Page
Abrasive paper and cloth
51
Acceptances
30-31
Accessories, automobile
55
Advertising, magazine, newspaper, radio
25, 26
Africa, United States trade with
34,35
Agricultural products, cash income received
from marketings of
23
Agricultural wages, loans
30
Air-conditioning equipment
48
Air mails
26
Airplanes
36, 55
Alcohol, denatured, ethyl, methanol
36,37
Aluminum
.
49
Animal fats, greases
37,38
Anthracite industry
22,29,43
Apparel, wearing
29,53
Argentina, United States trade with; exchange; flaxseed stock
32,35,38
Asia, United States trade with
34,35
Asphalt
44
Automobiles
22,26,27,28,29,55
Babbitt metal
49
Barley
40
Bathroom
fixtures
47
Beef and veal
__
41
Beverages, fermented malt liquors and distilled spirits
39
Bituminous coal
22,28,29,43
Boiler and boiler
fittings
47
Bonds, prices, sales, value, yields
33,34
Book publication
_.
51
Boxes, paper, shipping
51
Brass
50
Brazil, coffee; exchange, United States trade
with
32,35,42
Brick
52
Brokers' loans
31
Bronze
50
Building contracts awarded
24,25
Building costs
25
Building materials
24,45,46,47
Business activity index (Annalist)
22
Business failures
31
Butter
39
Canadian statistics
56
Candy
42
Canal traffic
36
Capital issues
33
Carloadings
22,35
Cattle and calves
41
Cellulose plastic products
38
Cement
22,27,28,29,52
Chain-store sales
26, 27
Cheese
40
Chile, exchange, United States trade with___ 32,35
Cigars and cigarettes
43
Civil-service employees
28
Clay products
23,24,27,28,29,52
Clothing
24,25,27,28,29,53
Coal
22,28,29,43
Cocoa.
_
_
42
Coffee___I_IIII
23,42
Coke
43
Collections, department stores
26
Commercial paper
30
Communications
36
Construction:
Contracts awarded, indexes_.
24
Costs
25
Highways
25
Wage rates
30
Copper
49
Copper wire cloth
50
Copra and coconut oil
37
Corn
40
Cost-of-living index
23
Cotton, raw and manufactures
23,53
Cottonseed, cake and meal, oil
38
Crops
23,38,40,53
Dairy products
23,39,40
Debits, bank
31
Debt, United States Government
33
Delaware, employment, pay rolls
28, 29,30
Department-store sales and stocks
26,27
Deposits, bank
31
Disputes, labor
29
Dividend payments
34
Douglas
fir
45,46
Earnings, factory
29,30
Eggs
23,42
Electrical equipment
49
Electric power, production, sales, re venues __ 22,39
Electric railways
35
Employment:
Cities and States
28
Factory
27,28
Nonmanufacturing
.
28
Miscellaneous
28
Emigration
36
Enameled ware
47
Engineering construction
24
England, exchange; United States trade with_ 32,35
Exchange rates, foreign
32
Expenditures, United States Government
33
Explosives
37
Exports
34,35
Factory employment, pay rolls
27,28,29,30
Failures, commercial
...
31
Page
Fairchild retail price index
23
Fares, street railways
35
Farm employees
28
Farm prices, index
23
Federal Government,
finance
33
Federal-aid highways
25,28
Federal Reserve banks, condition of_
31
Federal Reserve member bank statistics
31
Fertilizers
37
Fire-extinguishing equipment
55
Fire losses
25
Fish and fish oils
37,42
Flaxseed
38
Flooring, oak, maple, beech, and birch
45
Flour, wheat
41
Food products
22,23,27,29,39,40,41,42
Footwear
45,52
Foreclosures, real estate25
Foreign trade, indexes, values
34,35
Foundry equipment
48
France, exchange; United States trade with_
32,
34,35
Freight cars (equipment)
27,55
Freight carloadings, cars,, indexes
35
Freight-car surplus
36
Fruits
23,40
Fuel equipment
48
Fuels
43,44
Furniture
46, 48
Gas, customers, sales, revenues
39
Gas and fuel oils
44
Gasoline
44
General Motors sales
55
Glass and glassware
22,27,28,29,52
Gloves and mittens
45
Gold
32
Goods in warehouses
26
Grains
23,40,41
Gypsum
53
Hardwoods
45
Heels, rubber
52
Hides and skins
44,45
Hogs
41,44
Home Loan Bank, loans outstanding
25
Hosiery
53
Hotels
28,30,36
Housing
23
Illinois, employees, factory earnings
28, 29,30
Imports
34,35
Income-tax receipts
33
Incorporations, business
26
Industrial production, indexes
22
Installment sales, New England
27
Insurance, life
32
Interest payments
34
Interest rates
31
Investments, Federal Reserve member banks31
Iron, ore; crude; manufactures
22,46
Italy, exchange; United States trade with
32,35
Japan, exchange; United States trade with__ 32,34
Kerosene
44
Labor turnover, disputes
29
Lamb and mutton
42,44
Lard
41
Lead
_
49
Leather
22,23,24,25,27,28,29,44,45
Leather, artificial
54
Liberty bonds
33
Linseed oil, cake, and meal
38
Livestock
23,41,42,44
Loans, agricultural, brokers', time, real estate
30,31
Locomotives
55
Looms, woolen, activity
54
Lubricating oil
44
Lumber
22,23,24,27,28,29,45,46
Lumber yards, sales, stocks
45
Machine activity, cotton, silk, wool
53, 54
Machine tools, orders
49
Machinery
25,27,28,29,35,48,49
Magazine advertising
,
25
Manufacturing indexes
22
Marketings, agricultural
22, 23
Maryland, employment, pay rolls
28,29
Massachusetts, employment, pay rolls
28, 29
Meats
41,42
Metals
22,23,27,28,29,49,50
Methanol.
37
Mexico:
Petroleum production and exports
43
Silver production
32
United States trade with
35
Milk
40
Minerals...
.
22,43,49
Money in circulation
32
National Industrial Recovery Act, highway
construction
25
Naval stores
37
Netherlands, exchange
32
New Jersey, employment, pay rolls
28,29,30
Newsprint
50
New York, employment, pay rolls, canal
traffic
28,29,36
New York Stock Exchange
31,33
Notes in circulation
31
Oats
._
40
Oceania, United States trade with
34,35
Ohio, employment
*
28
Ohio River traffic
36
Page
Oils and fats
37,38
Oleomargarine
38
Paints
38
Paper and pulp
22, 23, 27,28, 29,50, 51
Passenger-car sales index
26
Passengers, street railways; Pullman
35,36
Passports issued
36
Pay rolls:
Factory
29
Factory, by cities and States
29
Nonmanufacturing industries
29,30
Pennsylvania, employment, pay rolls
28, 29
Petroleum and products
22,27,28,29,43,44
Pigiron
22,46,47
Pork
41,42
Postal business
26
Postal savings
31
Poultry
23,42
Prices:
Cost of living, indexes
23
Farm indexes
23
Retail indexes
__
23
Wholesale indexes
23,24
World, foodstuffs and raw material
24
Printing
22
Production, industrial
22
Profits, corporation
32
Public
finance
33
Public utilities
36
Pullman Co
36
Pumps
49
Purchasing power of the dollar
24
Radiators
50
Radio, advertising
25
Railroads; operations, equipment, financial
statistics
35,36,55
Railways, street
35
Rayon
54
Real-estate market activity
25
Reconstruction Finance Corporation, loans
outstanding
33
Registrations, automobiles
55
Rents (housing), index
23
Retail trade:
Automobiles, new, passenger
26
Chain stores:
5-and-10 (variety)
26
Grocery
26
Department stores
26, 27
Mail order
„
27
Rural general merchandise
27
Roofing
39
Rice
40
Rubber, crude; scrap; clothing; footwear;
tires
22,23,24,27,28,29,51,52
Rye
41
Sanitary ware
47
Savings deposits .
31
Sheep and lambs.
42
Shipbuilding
22,27,28,29,56
Shoes
22,24,25,27,28,29,45
Silk
23,54
Silver
22,32
Skins
44
Softwoods
45,46
Spain, exchange
32
Spindle activity, cotton
53
Steel, crude; manufactures
22,47,48
Stockholders
34
Stock indexes, domestic and world
23
Stocks, department stores
27
Stocks, issues, prices, sales, yields
34
Stone, clay, and glass products
22,
23,27,28,29,52,53
Sugar
23,42
Sulphur
37
Sulphuric acid
37
Superphosphate
37
Tea
23,42
Telephones and telegraphs
36
Terneplate
48
Terracotta
53
Textiles, miscellaneous products
54
Timber
45
Tin and terneplate
23,48
Tires
22,24,27,28,29,51
Tobacco
22,25,27,28,29,43
Tools, machine
49
Trade unions, employment
28
Travel
36
Trucks and tractors, industrial electric
56
United Kingdom, exchange; United States
trade with
32,35
Uruguay, exchange
32
United States Steel Corporation
30,34, 48
Utilities
28,29,34,35,39,55
Vacuum cleaners
50
Variety store sales index
26
Vegetable oils
37,38
Vegetables
23,40
Wages
29,30
Warehouses, space occupied
26
Waterway traffic
36
Wheat and wheat
flour
23,41
Wholesale prices
23
Wisconsin, employment; pay rolls
28, 29
Wood pulp
_
50
Wool.
_
22,24,54
Zinc
22.49
RETAIL CREDIT SURVEY, 1934
Market Research Series No. 3
73 Pages, Paper Bound, Price 10 Cents
For the past four years the Bureau of Foreign and Domestic Commerce at the request of,
and in cooperation with, the National Retail Credit Association, has published a semiannual
study of retail credit conditions.
The present report, the first to be issued giving yearly figures, represents a continuation and
expansion of the previous surveys.
Whereas the former studies included only 6 lines of retail business and represented but 29
cities, the present study includes 12 lines of retail business in 79 different cities. These 12
lines are:
AUTOMOBILES
FURNITURE
HEATING AND PLUMBING
MEN'S CLOTHING
COAL AND WOOD
FOODSTUFFS
SHOES
JEWELRY
DEPARTMENT STORES
HARDWARE
LUMBER AND BUILDING
WOMEN'S CLOTHING
The present report reveals considerable improvement in retail credit conditions during
1934. The report's four major sections are summarized below:
Kinds and Extent of Credit: The data on the kinds and extent of credit business have been broken
down by stores adhering to either a strictly cash and open credit policy, cash and installment
policy, or a combination of both. Such a breakdown permits a comparison of types of credit^
thereby indicating trends that are unique for each group.
Returns and Allowances: Returns and allowances percentages (including repossessions on installment sales) for the year 1934 decreased slightly from those of the year 1933.
Collection Percentages: Collection percentages, computed by dividing the collections made during
a given month by the balance outstanding as of the first of the month, showed a marked increase
for the year 1934 in the open-account category (regular charge accounts), and an appreciable
increase in the installment-account group.
Bad-Debt Losses: The average bad-debt losses on open-credit accounts and installment-credit
accounts show marked decreases for the year 1934 when compared with 1933.
Copies of the above publication may be obtained from the Bureau of Foreign and
Domestic Commerce, U. S. Department of Commerce, Washington, D. C.,
or any district office of the Bureau located in principal cities.
IT. S. GOVERNMENT PR
@FedFRASER