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JUNE 1936

SURVEY
OF

CURRENT BUSINESS

UNITED STATES
DEPARTMENT OF COMMERCE
BUREAU OF FOREIGN AND DOMESTIC COMMERCE



WASHINGTON
VOLUME 16

NUMBER 6




•TTLMONG the durable goods industries that have
made rapid strides toward recovery is included the
farm equipment manufacturing industry. Business
in 1935 was the best since 1930, although it fell
considerably short of the results of the earlier year.
Production amounted to $331,998,066 in 1935, or
almost three times the value of the 1932 production.
The total was, however, only 55 percent of the 1929
figure. . . , Business, both domestic and foreign,
so far during 1936 has shown further substantial
gains.

. . . The review on page 16 by E. V.

Needkam, the Bureau's agricultural implements
specialist, gives a summary of recent as well as of
historical trends.

UNITED STATES DEPARTMENT OF COMMERCE
DANIEL C. ROPER, Secretary

BUREAU OF FOREIGN AND DOMESTIC COMMERCE
ALEXANDER V. DYE, Director

SURVEY OF
CURRENT BUSINESS
Prepared in the

DIVISION OF ECONOMIC RESEARCH
ROY G. BLAKEY, Chief
M. JOSEPH MEEHAN, Editor

Volume 16

Number 6

JUNE 1936

CONTENTS
SUMMARIES AND CHARTS
Business indicators
Business situation summarized
Graphic comparison of principal data
Commodity prices
Domestic trade
Employment
Finance
Foreign trade
Real estate and construction
Transportation
Survey ofiindividual industries:
Automobiles and rubber
Forest products
Iron and steel
Textile industries

STATISTICAL DATA—Continued
Page
2
3
4
5
6
7
8
9
10
11
12
13
14
15

SPECIAL ARTICLE
Farm equipment business recovers r a p i d l y . . . .

16

STATISTICAL DATA
New and revised series:
New series: Commercial stocks of domestic barley, corn, oats,
and wheat in the United States and Canadian wheat in Canada,
1927-36
Revised series: Manufactured gas: Customers, sales and revenues, 1929-35
Weekly business statistics through May 30

19
20
21

Page
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
Metals and manufactures:
Iron and steel
Machinery and apparatus
Nonferrous metals and products
Paper and printing
Rubber and products
Stone, clay, and glass products
Textile products
Transportation equipment.
Canadian statistics
General index

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69511—36



22
23
24
25
27
31
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37
39
41
42
45
47
48
49
51
52
53
55
56
57
58
60
Inside back cover

SURVEY OF CURRENT BUSINESS

June 1936

Business Indicators
1923-25=100
FACTORY EMPLOYMENT AND PAYROLLS

INDUSTRIAL PRODUCTION
125

125

100

100

v/
\

75

N

75

V

50

25

25

0

i i i I I 1 i ii MM M I I M I M

11II1111111

M i1l l1 M i l ! I I I I 11 n i II
Ml 1 1 1 1 1 1

CONSTRUCTION CONTRACTS AWARDED

FREIGHT CAR LOADINGS
125

100

100

25

1

I
i

0

v\\

50

TOTAL (Acijusted)*

25

\

\
75 \

L.C.L. (Adjusted)^

\

50

11 III IIII1
1 I.I 1 1 1 I I 11 1| !! I I 1 1 1 1 1M

/
\

\

V

V*

SSRES/DENT/, \L (Adjusted)

WHOLESALE PRICES
125

100

100 •

.A

50

50

25

25

s

i

75

TOTAL
0djusted)

0

TOTAL (Aq
iustecf) y

1 1 | II 1 I! 1 M1M1 1 I I I 1 1II1 1 II 1 M 1 1 1

DEPARTMENT STORE SALES

75

—••

0

125

1\

"IIIIMH HI

PAYROLLS ( ^Unadjusted)

0

125

75

(Adjusted) ®
^ — _ - — ^

X

Adjusted ®

50

EMPLOYMENT

\ I I II 1 i l 1 I M
1 i l l 1 1 1 | l|
1 |1 ii 1 I I II i

ALL COMMOL7/T/£S

PRODUCTS

II M 1 1 M M 1
M 11 1 1 M 1 M
1 II II 1 1 II II

FEDERAL RESERVE MEMBER BANK L O A N S *

BANK DEBITS OUTSIDE NEW YORK CITY

150
125

125

100

100

75

\

TOTAL;

\

75
50

50

ot

i929'30'3!'32'33

(commercial)
i i i i I t i i i I I I I I I I I 1 I i I • iiilinnt

1 9 3 4 1935

ADJUSTED FOR SEASONAL VAR/AT/ON




1936

0[

M I I I ! 1 I 1 M i i i I i M i i 11 I I I I 1 I I ! I M

1929 '30 '31 '32 '33

* REPORT/NG MEMBER

BANKS

1934 1935

1936
D.D. 8635 J.M.

SURVEY OF CURRENT BUSINESS

June 1936

Business Situation Summarized
NDUSTRIAL activity has tended to level off in about the same as in March; the indexes of food procIseasonally
May after the unusually rapid rise in April when the essing and shoe production fell off less than the
adjusted index of manufacturing advanced usual seasonal amount; and the contraseasonal gain
to 99 from 93 in March, and the index of mineral output rose to 104 from 95. While the March-April
change was influenced by the effects of the floods which
accompanied the spring thaw in the East, the forward
movement this spring continues to have as a basis the
sales expansion in many industries.
The demand for finished steel has held the ingot
rate during May close to 69 percent of capacity, the
April figure, which represented the highest rate of
production in 6 years. Sales of automobiles have been
maintained in May at a rate which promises little
change in production from the April total; in that
month production exceeded half a million units for the
first time since 1929. This high rate of automobile
production was the major factor in the record output
of plate glass in April, although the expansion in building operations has also caused an increasing demand
for this product as well as for lumber, cement, and
other building materials. Notwithstanding the further
improvement in construction, the relatively low level
of building remains a major deterrent to reemployment,
not only in this industry but in others as well.
In the nondurable goods industries the changes in
April were not so marked. Production of textiles was

in tobacco manufacturing established a record for the
month in this industry.
The expansion in manufacturing in April was accompanied by an increase in the seasonally adjusted index
of factory employment; there was a large gain also in
the number of employees in the nonmanufacturing
industries surveyed regularly by the Bureau of Labor
Statistics. During the past year of increased production and national income, the estimated gain in employment in all industries and occupations has been
in excess of 1,500,000.
Retail sales reports for April reveal mixed trends
in comparison with the March results, but the value of
all retail sales was greater than in April 1935, and a
substantial year-to-year gain for the May comparison
is indicated by current reports.
The May crop report revealed a deterioration due to
the uneven distribution of rainfall and extreme temperatures. In the first half of May, however, there
was a marked improvement in conditions. Prices of
farm products and foods have continued to decline as
adjustments are gradually made to a more normal
demand-supply situation. Prices of industrial commodites also have eased.

April
April
4pril
April
April
April

_.

ApriL_
Mav

June
July
August
September
October
November
December
1936:
January
February
March
.-_
April
Monthly average,
January
through
April:
1934
1935
FRASER
1936

110
105
102
74
64
74

120.0
107.7
86.6
67.2
61.5
73.8

118
92
60
37
29
50

118
88
53
36
25
42

135. 7
123.3
99.5
72.8
53.8
72.4

123
101
73
27
14
32

70.8
68.5
66.4
65.4
69.7
72.2
75.0
74.5
76.6

61
61
63
58
60
62
64
66
71

63
63
64
64
64
65
64
64
66

73
76
80
80
78
81
77
81
84

101.0
93.1
99.7
97.0
92.8
104. 8
104. 6
103.7
109.8

45
46
50
52
49
50
48
62
56

49
52
51
59
54
53
58
52
58

78.3
78.9
80.1
83.9
78.8
76.1
85.4
84.6
94.7

84.9
83.9
84.2
84.9

72.2
72.3
76. 3
77.9

70
70
66
69

64
62
62
63

79
80
88
81

96.3
93.0
106.7
109.9

51
53
51
54

57
60
55
58

78.6
81.3
83.9

61.7
68.8
74.7

61
60
64

66
64
62

66
68

71.0
85.6
92.2

46
45
50

44
52
61

103
94
83
72
65
81

121
104
88
63
66
86

122
104
87
61
65
85

114
104
91
80
73
90

89
87
86
83
87
90
97
97
96

91
87
85
83
87
89
96
98
96

79
88
84
85
92
100
95
96

86
85
86
86
87
90
95
98
104

86
84
84
86
88
91
95
98
104

87
89
98
84
81
87
93
92
101

82.4
81.4
80.1
80.6
81.8
81.9
83.7
84.8
85.6

95
95
96
103

95
93
97
104

99
106
89
94

98
94
93
100

97
91
93
99

103
110
95
104

84

83
90
97

87
88
97

i-,o

i '3

Wholesale price Index, 784
commodities

Adjusted >

Cash farm
income»

Unadjusted

Construction contracts, all
types, value, adjusted »

Imports

104
98
88
73
63
65

128
110
91
63
68
89

90
Digitized for
97


Exports

108
97
80
59
53
62

105. 1 112.6
97.7
96.1
74.4
80.6
49.5
66.1
38.8
59.9
67.3
82.3

124
107
90
64
67
88

97

Foreign
trade, value,
adjusted 2

1929-31 Monthly average, 1923-25= 100 Monthly
average,
= 100
1924-29=100

Monthl jT average, 1923-25=100
1929:
1930:
1931:
1932:
1933:
1934:
1935:

Rural, general merchandise

Retail sales
value,
adjusted
Department stores

Adjusted»

Adjusted »

Amount of pay rolls,
unadjusted

Minerals

Manufactures

Adjusted »

Total

Minerals

Total

Year and month

Manufactures

Unadjusted i

Number of employees, adjusted *

Factory emFreightployment
and pay rolls car loadings
MerTotal chandise,
Lcl.

Industrial production

Bank debits outside New
York City

MONTHLY BUSINESS INDEXES

Monthly
average,
1926-100

85.5 105. 5 ;
80.0 98.5 '
58.5 70.5
41.5 52.0
36.5 47.5
45.5 60.0

95.5
90.0
74.8
65.5
60.4
73.3

27
27
30
35
38
43
48
60
67

55.5
57.0
52.0
53.5
64.5
75.5
94.0
78.0
70.5

69.0
64.0
60.0
60.5
62.5
63.5
67.0
66.5
66.0

80.1
80.2
79.8
79.4
80.5
80.7
80.5
80.6
80.9

88.7
80.0
90.6
88.7

61
52
47
48

66.0
55.0
59.5
58.0

68.0
65.5
67.0
70.0

80.6
80.6
79.6

67.6
75.4
87.0

37
26
49

47.9
51 8
59.6

79.7

73 2
79 5
80.1

SURVEY OF CURRENT BUSINESS

June 1936

Graphic Comparison of Principal Data
FIRST "f- MONTHS

Y/////A

REMAINDER OF YEAR

BANK DEBITS OUTSIDE NEW YORK CITY — (B/LLIONS OF DOLLARS)
50

0

1936
1935 —
1934
1933
1932

—

J00

150

200

250

300

-

1929
CONSTRUCTION CONTRACTS AWARDED— (B/LL/OA/S

OF DOLLARS)

19 29
STEEL INGOT PRODUCTION —- (MILLIONS OFTONS)
10
20
30
40

0

19 36
—
1935

—

50

—
1

1933 b a n ^/////////////
'///A
!932JHHi

AUTOMOBILE PRODUCTION --(MILLIONS OF CARS)
'.
3
4-

0

5

19 36kBHHI

//

1929

/ / A

—
FREIGHT CAR LOADINGS — (MILLIONS OF CARs)
30
40
20
10

0

50

19 36 IBM
—
19 35
1 9 34
1933
1932
1929




—

•

DO. 6638 J.M.

SURVEY OF CURRENT BUSINESS

June 1936

Commodity Prices

T

HE Bureau of Labor Statistics monthly combined July 30, 1935. By May 20 this index had reacted to
index of 784 wholesale commodity price series 165.4, but subsequently receded to 163.3.
Farm prices, after having experienced a 1-point rise
recovered one-tenth of a point in April to 79.7 (1926 =
100) after having experienced a fall of 1 point in March, in April, appear to have resumed the downward trend
the largest decline for a year and a half. Among the which began in January. Cotton prices have declined
important group and subgroup constituents of the com- somewhat since the advances of March and April, but
bined index, meats advanced most in April; next in world consumption is at a record high level and prosorder came farm products and building materials. pects are for a reduction in the world carry-over of
Substantial declines were exhibited, however, by American cotton. Wool prices declined sharply in
April.
grains, chemicals and drugs, and textiles.
The same Bureau's weekly index of all wholesale
The B. L. S. index of retail food prices rose from
commodity prices dropped to 78.1 for the week ended 79.5 for March to 79.7 (1923-25 = 100) for April. The
May 16, the largest declines during the first half National Industrial Conference Board's index of the
of May being shown by foods (especially meats), farm cost of living advanced 0.2 percent from March to
products (especially grains), chemicals and drugs, April, chiefly because of a 1.6 percent rise in the rent
metals and metal products, and textiles. The only constituent. Rents have risen 10.5 percent since
significant advance was in the index of miscellaneous April 1935, and 21 percent since January 1934.
products.
Fairchild's composite price index of departmentFollowing a 3-month period of very narrow fluctu- store articles was the same for May 1 as for April 1
ations around 170 (Dec. 31, 1931 = 100), Moody's and changes in most groups were slight. Fur prices
daily index of 15 "sensitive" commodities advanced continued the uninterrupted gain which began in
to 172.1 on April 18 and again on April 23—the highest October 1935 and average about 10 percent higher
point in 6 months. It then began a sharp decline now than a year ago, whereas the composite index
and on May 12 reached 162.7, the lowest figure since is only 2 percent higher.

INDEXES OF COMMODITY PRICES
Wholesale Prices (Department of Labor)

l!

Groups and subgroups

Economic classes

Retail Prices

I

a©

Tear and month

si

li

Dec.
Mo.
Mo.
Mo.
1930
average average average (Jan.1
1923= 1909-14 1923-25 1931)== 100
100
= 100
100

Monthly average, 1926=»100

1929: April
1930: April
1931: April
1932: April
..
1933: April
...
1934: April
_
.._
1935:
April
May
__
_
June
July
August
_.
September
October
November
December
1936:
January __
_
February
March
Aprii
Monthly average, January
through April:
1934
1935
1936

94.0 102.3
33 5 95.3
87.9 85.7
76.3 80.3
71.5 76.9
81.6 87.9

91.6
84.0
68.2
56.1
51.8
75.3

81.9
81.0
71.5
64.7
57.8
69.5

99.1
97.9
88.2
78.8
71.5
78.4

144
136
97
6'
58
82

100.
103.3
83.8
70.3
60.1
72.1

94.3
78.2
69.4
89.4

86.3
88.3
88.9
89.3
9.6
90.9
93.6
95.0
95.4

80.7
80.6
80.5
80.4
80.5
80. 5
80.6
81.0
81.0

85.9
S6.fi
86.9
86.4
86.6
86.6
86.5
86.9
86.8

69.2
69.4
70.1
70.2
70.9
71.8
72.9
73.4
73.2

68.7!
68.7
68.4
67.7
67.3
67.1
67.5
67.4
67.5

83.2
82.9
82.7
82.6
83.0
83. 51
83.9J
84.3!
84.8;

111
108
104
102
106
107
109
108
110

81.3
81.4
81.5
80.2
79.6
80.1
80.5
81.5
82.0

86.3
86.1
85.7
85.2
85.7
86.6
87.6
88.0
88.2

97.1
96.1
94.9
94.6

81.4
81. f)
81.4
81.5

86.7
86.7
86.6
86.6

71.7
71.0
70.8
70.2

67.8
68.1
68.3
68.6

84.8
84.4
84.1
84.3

109
109
104
105

81.7
80.6
79.
79.7

88.1
88.3
88.1
88.1

82.4!
84.41

82;
109!
107!

72.0
79.6
80.4

89.3
86.5
88.2

95.5
90.0
74.8
65.5
60.4
73.3

95.0
90 7
78.3
71.1
65.7
77.1

97.0
89 8
68.3
55.5
50.0
65.1

94.8 104.9
86 1 95 8
71.5 70.1
59.6 49.2
57.3 44.5
73.9 59.6

94.3
84.1
59.5
44.5
44.8
58.8

98.0 111.5
94.9 103.2
76.3 79.9
61.0 59.8
56.1 50.3
66.2 57.3;

91.8
87.8
75.9
70.9
65.3
78.6

96.3
93.5
81.5
72.5
70.2
86.7

94.7
91.2
81.3
74.4
71.4
75.5

81.9) 107.8
79.5> 102. 7
65.4 87.5
70.2 75.0
61.5 9.4
71.7 88.9

80.1
80.2
79.8
79.4
80.5
80.7
80.5
80.6
80.9

82.3
82.4
82.2
82.0
83.0
83.1
82.7
82.7
83.1

77.5
77.6
76.4
75.8
77.1
77.3
77.1
77.2
77.7

72.3
73.5
73.9
72.8
73.2
74.4
76.3
76.2
75.2

80.4
80.6
78.3
77.1
79.3
79.5
78.2
77.5
78.3

87.9
83.2
76.9
78.3
79.3
83.5
S6. 4
77.9
76.6

84.5 94.3
84.1 97.0
82.8 94.5
82.1 93.3
84.9 102.0
86.1 102.9
85.0 97.1
85.1 94.3
85. 7 97.5

77.2
77.6
78.0
78.0
77.9
77.8
78.3
78.8
78.7

84.6
84.8
85.3
85.2
85.4
85.9
86.1
85.8
85.5

81.0
81.2
80.7
78.7
78.6
80.2
81.1
81.2
80.6

72.8
73.1
74.2
74.7
74.1
73.0
73.4
74.5
74.6

80. t
80.6
79.6
79.7

82.4
82.2
81.3
81.6

78.1
79.1
77.4
77.0

74.8
74.6
74.4
74.5

78.2
79.5
76.5
76.9

78.9
78.3
75.6
73.9

83.5
83.2
80.1
80.2

94.9
92.1
89.7
91.0

78.8
79.0
78.9
78.9

85.7
85.5
85.3
85.7

80.5
80.1
79.3
78.5

75.1
76.1
76.2
76.4

73.2
79.5
80.1

76.8
81.6
81.9

65.3
77.0
77.9

"3 "
7L8
74.6

60.2
78.9
77.8

62.0
86.7
76.7

66.1
82.3
81.8

54.0
88.9
91.9

78.5
77.4
78.9

86.5 75.3 72.2 9.2 81.2 86.9 76. a
84.9 80.6 72.8 86.0 80.8 85.8 69.8
85.6 79.6 76.0 95.7 81.5 86.7 70.9 68.2JI


1 Revised. See p. 20 of the November 1934 issue.


> Middle of month. This is a new series. See p. 23.

3

Index is for 1st of following month.

6

SURVEY OF CURRENT BUSINESS

June 1936

Domestic Trade
HILE recent retail sales data do not show a ports, which are compiled with the cooperation of the
Wuniform
movement, the underlying trend of con- National Association of Credit Men, are designed to
sumer purchasing is still upward. When comparisons reveal the trend of sales and collections of manufacare made with a year ago, the available data for both turers and wholesalers on a country-wide basis.
April and May record a continuation of the 12 months' Figures have been collected for each month of 1936,
gains which have featured the reports of recent months. but the first releases issued were for the month of
The seasonally adjusted index of department-store March. While the number of reporting firms has
sales in April dropped to 81, after having advanced increased since the compilation was initiated, the numfrom 80 in February to 88 in March. These wide move- ber is still not sufficiently large to provide an adequate
ments are probably caused at least partially by the sample, particularly when a distribution by groups is
difficulty of making a proper seasonal adjustment for made. Nevertheless, even with the limitations stated,
the Easter buying period. It ma}7 be noted that a the figures are of interest and it is hoped that the samsimilar movement occurred in 1935, and the percentage ple may soon be made representative. Copies of the
gains over a year ago for each of the 2 months were reports may be secured upon request to this Bureau.
about the same.
Total sales of 560 manufacturers showed an increase
Sales of general merchandise in rural areas rose by of 7 percent in dollar volume from March to April
more than the usual seasonal amount in April, and and a gain of 16 percent as compared with April 1935.
the relative gain in comparison with a year ago (9According to reports of 527 manufacturers, the median
percent) was the same as for department-store sales. ratio of collections during the month to accounts
Sales of variety stores increased by the usual seasonal receivable at the beginning of the month was 79.5 peramount. Sales of chain grocery stores gained about as cent for April 1936, about the same as for April last
much as is usual in April and were 2 percent in excess year.
of those of April 1935. For the 4 months to and
The value of wholesale trade, as reported by 1,075
including April, the slight gain in dollar sales through wholesalers for April, decreased 2.5 percent from
these chains, in comparison with 1935, is probably March 1936, but was 6 percent higher than in March
accounted for by the increase in retail food prices.
1935. Total collections reported for March by 531
Two new monthly reports on sales and collections wholesalers formed 71 percent of accounts receivable,
have recently been issued by the Bureau. These re- a higher rate than in March or April last.

DOMESTIC TRADE STATISTICS
Wholesale
trade

Eetail trade
Department stores
Tear and month

Chain-store sales

Sales

Stocks 3

Unad- Adjust- justed i
ed 2

Unad- Adjust- justed^
ed 2

Monthly average, 1923-25 = 100
1929:
1930:
1931:
1932:
1933:
1934:
1935:

April
April
April
April
April
April

...

April
May
June
July
August
September..
October
N o vember _ _
December

Commercial
failures *

Rural sales
New passenGeneral
mer- ger-car sales
Variety
stores
chandise
Combined
Ad- Unad- Ad- Unad- Adindex * Unadjust- just- just- just- just- justed 2 ed^
ed 2 ed i
ed »
ed i
Avg. same
mo. 192931 = 100

Employment

Pay
roils

Monthly average, 1929=100

Monthly average, 1929-31 = 100

Fail-

Nuru- Thouber ofsands
dolls.

53
65

94.9
101.5
96.0
77.3
77.9
82.5

102.3
97.1
97.5
83.5
77.5
87.2

115.2
103.4
83.1
64.5
59.1
70.8

120.0
107.7
86.6
67.2
61.5
73.8

232.7
154.5
112.0
55.5
45.5
87.9

154.5
103. 5
75.0
37.5
30.5
59.0

97.9
97.1
86.7
77.6
71.5
82.1

97.8
97.5
83.7
66.3
52.4
63.1

1,020

22, 871

75
61

64
64
63
61
62
64
66
67
65

96
98
98
100
100
103

92.9
86.0
86.1
82.0
79.3
87.7
93.4
95.1
178.4

90.6
86.0
90.7
92.1
89.6
91.8
92.0
93.7
96.7

97.0
87.6
94.2
74.7
79.8
103.7
127.6
127.6
155.9

101.0
93.1
99.7
97.0
92.8
104.8
104.6
103.7
109.8

116.7
98.4
104. 9
89.1
80.2
50.1
53.3
96.6
90.6

78.5
70.0
78.5
81.0
75.0
79.0
82.0
113.5
106.5

83.2
82.5
82.1
82.1
82.7
83.7
85.7
86.4

64.8
64.6
64.6
64.6
64.8
67.2
66.8
66.9
68.6

1,083
1,004
944
902
884
787
1,056
898
910

16, 529
14, 339
12, 918
16, 523
13, 266
17,002
17,185
14,384
15, 686

58
62
67
68

66
65
65
65

97
99
101
103

67. 7
90. 8
73.5 ! 87.9
80.3 I 93.2
95.0
94.5
I
78.2
95 i 78. 5
100
79. 1

79.9
84.2
99.2
105.5

96.3
93.0
106.7
109.9

69.3
65.5
117.6
140.9

102.0
89.5
101.0
92.5

85.6
85.0
85.8
85.7

66.6
66.6
69.2
67.9

1,077
856
946

18,104
14,089
16,271
U, 157

81.4
84.0
85.5

61.6
64.6
67.6

1,106
1,031
927

22,170
15,428
15,655

103
110
101
73
68
73

110
105
102
74
64
74

103
101
87
72
55
68

79
76
76
55
61
86
86
91
145

73
76

66
66
61
57
60
67

97

1936:

January
February
March__

April
Monthly
average,
through April:
1934
1935
1936

63
66
77
85

January

i5 Corrected to daily average basis.
Series revised. See p. 32.




64
62
fi4
2

Liabilities

Adjusted for seasonal variations.

71.0
85.6
92.2

End of month.

56.2
85.3
98.3

* See note on p . 26 of this issue.

SURVEY OF CURRENT BUSINESS

June 1936

Employment

T

HERE was a gain from March to April of about
255,000 in the number at work in the industries for
which sample data are collected by the Bureau of Labor
Statistics. The steam railroads, which are represented
in the above total only to the extent of their shop activities, reported a total increase of 27,000 workers. The
Bureau of Labor Statistics surveys monthly the employment situation in more than 100 manufacturing and
nonmanufacturing industries, and these, together with
the steam railroads, employed about one-half of all
gainful workers in 1930, according to the census of
occupations taken in that year.
For factor}^ employment, the increase in Arpil as
compared with March was 1.2 percent, while factory
pay rolls were 2.1 percent higher. The seasonally
adjusted index increased to 84.9 percent of the 1923-25
average from 84.2 in March, thus equaling the January
but not the December figure. Of the 90 manufacturing
industries included in the canvass, 57 employed more
workers and 49 had larger pay rolls. The gain in
employment resulted from the substantial increases
reported for several of the durable-goods industries; the
unadjusted index for this group advanced 2.5 percent
to the highest point since October 1930, while the nondurable goods index remained unchanged from the
March figure. In comparison with April 1935, the
durable-goods index was 8.1 percent higher, while
the nondurable-goods index was 1.1 percent lower.

Among the more important durable-goods industries
more than seasonal gains were recorded by blastfurnaces,,
steel works, rolling mills (2.7 percent); foundries (2.7 percent) ; and electrical machinery (3.6 percent). Relatively
large gains were reported for the industries allied to building construction; these changes were influenced by seasonal factors. Only two important industries reported
declines in excess of the usual seasonal amount. These
were the rayon and allied-products industry (6.0 percent)
andwoolenand worsted-goods establishments(5.6percent).
Of the 16 nonmanufacturing industries included in the
Bureau of Labor Statistics survey, only two, anthracite- and bituminous-coal mining, reported declines in
employment in April as compared with March. Large
seasonal gains were reported for private-building construction, and quarrying and nonmetallic mining, and
a somewhat smaller relative increase, but a large absolute gain, took place in retail-trade establishments.
As a result of the substantial increase in April, the
total number employed exceeded all monthly figures
since October 1931, according to estimates based on the
available statistics of employment trends. The increase in comparison with April 1935 exceeded 1%
million, bringing the estimated cumulative increase
from the depression low to about 5K million. There
was, of course, a very large volume of unemployment in
the fall of 1931 and there has been an increase in the
number of employables since that time.

STATISTICS OF EMPLOYMENT, PAY ROLLS, AND^WAGES
Factory employment
and pay rolls
Employment
Year and
month

Pay
rolls

Nonmanufacturing employment and pay rolls
(Department of Labor)
Anthracite
mining

EmUnad- Ad- Unad- ployjusted justed' justed ment

Pay
rolls

Bituminous
coal mining

Electric light
and power
and manufactured gas

Employment

Employment

Monthly average,
1923-25=100
1929: April.._
1930: April
1931: A p r i l . . .
1932: April
1933: April
1934: April
1935:
April
May
June..
July...
August
September
October
November
December
1936:
January
February
March
April
Monthly average,
January through
April:
1934
1935
1926

Pay
rolls

Telephone
and telegraph

Retail trade

Employ- Pay
ment rolls

Employ- Pay
ment rolls

TradeUnion
members employed

Percent
of total
members

Monthly average, 1929=100

Factory *

Common
labor
Average Average rates *
weekly hourly
earnings earnings
Cents
per
hour

Dollars

88.3
75.0
75.2
72.0
37.4
51.7

100.2
94.4
85.9
65.5
63.7
72.2

89.2
81.7
58.6
33.9
26.6
51.4

95.9
100.7
97.1
84.8
76.9
82.4

95. 5
102.6
97.6
82.4
69.4
76.8

97.8
98.9
88.1
81.2
72.3
70.2

98.3
103.4
95.0
83.4
67.8
68. S

97.6
98.1
91.3
78.7
73.3
82.5

97.2
97.9
87.5
67.7
52.0
61.2

28.82
27.25
23 93
17. 33
15.49
20.90

.587
.593
.574
.513
.460
.581

38
40
35
33
33
43

52.6
53.5
56. S
49.4
38.7
46.0
58.8
46.6
57.3

49.9
49.5
66.0
37.5
28.3
38.2
55.9
28.4
55.4

74.3
75.3
77.9
70.0
73.4
77.1
74.3
76.1
79.1

45.0
49.1
64.7
35.9
45.8
60.1
69.8
65.5
69.5

82.6
83.3
83.9
84.8
86.8
86.9
87.4
87.6
86.8

79.0
79.8
79.8
81.5
82.8
84.5
84.4
83.4
86.0

69.7
70.0
70.2
70.3
70.5
70.4
70.0
69.8
69.6

73.1
73.7
74.4
75.7
75.5
73.8
74.9
74.9
75.6

83.5
82.2
82.2
79.3
78.0
81.8
83.8
84.6
92.9

62.5
62.0
62.5
60.5
59.3
62.5
63.2
63.4
69.3

21.93
21.76
21.46
21.75
22.32
22.58
23.12
23.31
23.47

.598
.599
.599
.598
.601
.601
.602
.604
.605

40
41
42
42
42
42
42
42
41

72.2
72.3
76.3
77.9

59.1
61.2
52.5
49.8

54.4
76.7
42.6
28.6

79.8
80.2
80.4
77.4

70.6
78.5
70.1
62.1

86.1
86.1
86.9
8S.2

84.8
84.7
88.5
86.6

70.1
69.9
70.2
70.8

75.0
76.2
77.2
76.0

80.4
80.0
81.7
85.3

62.1
61.6
63. 5
65.4

23.09
23. 09
23.20
23.76

.600
.609
.610
.612

40
38
37
38

61.7
68.8
74.7

63.3
57.8
55. 7

68.3
52.7
50. 6

75.5
79.3
79 5

54.1
59. 6
70.3

81.9
82.5
86.8

75.2
78.7
86.2

70.1
70.0
70.3

69.0
73.8
76.1

80.9
80.6
81.9

59.7
60.5
63. 2

20.02
21.87
23.29

. 564
. 596
. 607

40

L05.3
96.3
80.7
66.1
59.9
82.4

105.1
96.1
80.6
66.1
59.9
82.3

112.6
97.7
74.4
49.5
38.8
67.3

82.6
81.2
79.7
79.7
82.0
83.7
85.3
85.0
84.6

82.4
81.4
80.1
80.6
81.8
81.9
83.7
84.8
85.6

70.8
68.5
66.4
65.4
69.7
72.2
75.0
74.5
76.6

83.0
83.2
84.1
85.1

84.9
83.9
84.2
84.9

78. 6
81.3
83.9

Pay
rolls

Wages

100.7
84.1
85.2
70.1
51.6
58.2


1
Adjusted for seasonal variation.


i National Industrial Conference Board.

79

»Road building.

38

SURVEY OF CURRENT BUSINESS

June 1936

Finance
the sharp decline in prices in April, the stock in the final quarter of 1935 when earnings recorded a
AFTER
market movement was irregular during the first strong contraseasonal increase. For the second quarL

3 weeks in May, with a slight upward tendency. The ter of the year, an increase in profits will undoubtedly
volume of shares traded dropped sharply.
be reported, but it is too early to judge whether the
The figures of non-Federal capital financing in April gain for the corporations included in the Standard
indicate that over a billion dollars of securities were Statistics index will exceed the usual seasonal increase.
offered to the public in that month. While this total
In comparison with the first quarter of 1935, the
was the largest in 6 years and about two-thirds of the increase in profits of a representative list of large corall-time record established in September 1929, there is porations was about 30 percent. Industrial and public
a marked difference in the types and purposes of the utility corporations reported substantial increases, but
present financing and that of 1929. In the earlier the railroads operated at a loss during this period, albeit
year the predominant form of financing was stocks at a somewhat smaller loss than was reported a
rather than bonds; in 1935 and in the first part of year ago.
1936 the reverse was true with relatively little stock
Another indication of prevailing money-market confinancing. In 1929 nearly 90 percent of the issues ditions was the announcement by one of the leading
represented new capital and only 10 percent repre- banks that the nominal rate of interest on new personal
sented refinancing, although it should be noted that credit loans had been reduced from 6 to 4 percent. The
about one-fifth of the capital raised in 1929 was for one-quarter of 1 percent increases in call and time rates
investment trusts. In 1935, 70 percent represented on the New York Stock Exchange reflect the increased
refunding issues, while in the first 4 months of 1936 costs in handling these loans rather than any change
about 80 percent was for refunding.
in the availability of short-term credit for such purpose.
The increase in member-bank balances with the
An important factor in these refunding operations
has been the ability of corporations, by reason of Federal Reserve System from the middle of April to
improved earnings, to take advantage of the prevailing the middle of May reflected mainly the disbursements
low interest rates. Many have been able to convert of Treasury funds held in the Federal Reserve banks
their outstanding obligations bearing high interest rates and the increase in the monetary gold stock in the
into securities carrying a much lower rate. The recent country. The latter again reached a new high figure
announcement of an offering of $85,000,000 of 3-percent as the flow of gold from Europe continued.
debenture bonds by a large petroleum corporation set
The Treasury Department announced that tax cola new record for low-cost industrial financing.
lections in the first 10 months of the present fiscal year
Corporation profits during the first quarter of the were 7 percent above the collections for the similar
year were smaller, on a seasonally corrected basis, than period in the 1935 fiscal year.

FINANCIAL STATISTICS
Bank
debits
outside
New
Year and month York
City

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

Net
Total
Federal bankgold
Reserve ers'
imacbank
ports
ceptMoney
credit ances
inin
outcluding
outcircustandgold
standInlation
released
ing,
vestend of end
from
of
ments | month
earmonth
mark

Savings
deposits

New Postal
York SavState ings

Millions of dollars
1929:
1930:
1931:
1922:
1933:
1934:
1935:

AprilApril
April
April
April
April

April
May
June
July
August
September
October
November
December
1936:
January
February
March
April

-




Stock
prices
(421)
Standard
Statistics

Thous.
of dollars
96.69 1,073,508
97.77 731,857
95. 70 369, 536
70, 604
79.31
25,889
80.07
145, 915
92.54

i 1926 = 100 Dollars

26. 770
24, 315
19.620
14, 366
10,616
14, 278

7,371
8,381
7, 052
5, 099
3,869
3, 752

9,067
8, 583
7,941
6,783
5,003
4,876

5, 875
5, 789
7,903
7,151
8,151
9,868

1,326
1, 006
937
1,850
2,459
2,485

1,111
1,414
1,422
879
697
613

71.7
66.2
42.0
-26.3
-113.3
53.6

4,679
4,518
4, 647
5,452
6, 137
5,368

4,439
4,507
5,059
5,262
5,164
5,097

154
170
314
723
1,160
1,197

186.6
181.0
109.2
43.9
47.5
79.6

15, 645
15,557
15, 808
16, 550
15, 536
15,016
16, 844
16,685
18, 676

3,219
3,156
3,208
3,076
3,009
3,095
3,006
3,108
3,274

4,936
4,955
4,829
4, 735
4,808
4,935
4,896
5,044
4,975

11,804
11, 676
11,791
12. 034
12, 022
12,390
12,476
12, 480
12, 646

2,468
2,469
2,480
2,465
2,485
2,477
2,482
2,480

413
375
343
321
322
328
363
387
397

146. 3
138.5
231.4
15.8
47.8
157.7
313.5
211.1
191.3

5,500
5,507
5,522
5, 550
5,576
5,651
5,704
5,770
5,897

5,158
5,152
5,187
5,161
5,152
5,179
5,161
5,154
5,187

1,200
1,205
1,205
1,189
1,192
1,192
1,196
1,199
1,201

67.5
73.1
76.0
79.4
83.3
85.0
86.1
94.2
95.7

17,499
15, 766
17,867
17,497

3,128
3,117
3,313
3,304

4.871
4,842
5,079
5,039

12, 996
13,047
13, 229
13,452

2,479
2,482
2, 473
2,475

384
377
359
344

43.9
-26.1
6.4
27.9

5,757
5,177
5,779
5,177
5,857 , 5,204
5,89? I 5,175

1

Bond
prices,
New
York
New
Stock capital
Exissues
change
(domestic)

Series on 101 cities resumed, superseding data on 91 cities.

1,208
1,214
1, 216
1,315
!

101.7
106.7
108.7
106.6

Average
Interest
rates,
dividend
commercial
per
share
paper
(600
(4-6
c o m - months)
panies)
Dollars
3.04
2 49
1.60
1.09
1.16

89,508
81,764
55,457
127,127
148,210
172, 745
148,462
119,794
221, 207

1.29
1.29
1.29
1.30
1.33
1.34
1.35
1.40
1.41

96.16 115,253
106,739
97.22
97.26 I 129,527

1.42
1.45
1.46
1.47

92.95
92.81
93.94
94.12
93.07
92.65
92. 84
93.69
94.47

I 176,672

Net exports indicated by (—).

Percent
J4H
4%
334-3%
2 -3J4
3J4
-ltt

H
%

A

SURVEY OF CURRENT BUSINESS

June 1936

Foreign Trade
ERCHANDISE imports exceeded exports in April ported increased 60 percent in value. Imports of crude
M
for the third consecutive month. Exports, which rubber, hides and skins, wood pulp, unmanufactured
normally recede 6 percent in value from March, were wool, and nickel recorded quantity increases which
only 1 percent smaller, while general imports, for which ranged from 11 to 69 percent. Imports of furs and
the estimated seasonal decline is 3 percent, were 2 manufactures increased 75 percent in value, while
percent larger. As compared with April 1935 thewood and saw-mill products were up 78 percent.
relative increase in both exports and imports was Among the agricultural imports in which declines
slightly less than one-fifth.
occurred were butter, which was valued at $1,364,000
Although a few agricultural commodities, principally in April 1935 compared with $152,000 in April 1936;
meat products, continued to be exported in smaller tallow which dropped from $1,499,000 to $122,000; and
quantities in April 1936 than in April a year ago, ship- oilseeds which declined from $3,306,000 to $2,724,000.
ments of a number of agricultural exports have in- However, expressed oils and fats imports increased
creased. For example, exports of unmanufactured from $5,798,000 to $8,496,000, while meat products
cotton, unmanufactured tobacco, fodders and feeds, increased from $2,225,000 to $2,539,000.
vegetables and preparations, and fruits were each
April 1936 marked the opening of the fourth year of
larger in quantity and value.
recovery in foreign trade. It was in April 1933 that
Nonagricultural exports were valued at nearly 24 foreign trade began its sustained upward trend from
million dollars more in April 1936 than in April 1935. the lowest point of the depression. Export trade in
Leading products showing increases in value included the first 4 months of 1936 was three-fourths as large in
petroleum products, metal manufactures, machinery, quantity as in the 1923-25 period, while imports were
electrical apparatus, chemical products, wood and about one-seventh larger. Exports of finished manupaper, and textile manufactures. Exports of automo- factures were larger in volume in the first 4 months of
1936 than in 1923-25, but exports of agricultural prodbiles were only slightly larger.
The increase in imports for consumption over April ucts, particularly foodstuffs, were much lower in
1935 was due primarily to larger imports of crude and volume. In terms of value, exports were 51 persemimanufactured materials, sugar, and whisky. Cane cent and imports 60 percent as large in the first 4
sugar imports increased 31 percent in quantity and 65 months of 1936 as in the corresponding period of
percent in value, while whisky and other spirits im- 1923-25.

EXPORTS AND IMPORTS
Exports of United States merchandise

Indexes
ExValue Value ports,
inof
of
total total cluding
imexreexports, ports, ports
ad- 1 adjusted justed'

Year and month

Finished
manufactures

Crude
materials
Total
Total

Raw
cotton

Food- Semistuffs, mantotal ufactures

Monthly average, 1923-25=100
1929:
1930:
1931:
1932:
1933:
1934:

April
April
April
April
April
April

Imports *

Total

AutomoMa- biles,
chin- parts
and
ery
accessories

Total

Crude Food- Semimanmaterials stuffs ufactures

Finished

manufactures

Millions of dollars

118
92
60
37
29
50

118
88
53
36
25 |
42 '

425.3
331.7
215.1
135.1
105. 2
179.4

418.1
326.5
210.1
132.3
103.3
176.5

71.3
52.4
40.2
34.0
28.6
45.9

47.5
31.1
22.9
20.7
16.9
24.5

53.3
37.1
28.2
21.0
11.3
17.8

65.4
47.8
31.1
18.7
15.5
29.2

228.1
189.3
110.6
58.6
47.8
83.6

51.2
50.8
31.0
12.3
8.8
19.2

64.1
35.2
18.1
7.9
7.4
21.5

410.7
307.8
185.7
126.5
88.4
141.2

146.9
105.6
54.7
36.2
21.1
41.0

98.1
69.7
51.9
38.1
32.8
45.7

82.5
61.8
33.4
18.9
13.5
26.1

83.4
70.8
45.7
33.3
20.9
28.4

45
46
50
52
49
50
48

49

164.4
165.5
170.2
173.4
172.2
198. 2
221.2
269.3
223.5

160.7
159.8
167.2
168.0
169. 8
195.5
218.1
266.7
221.0

38.2
36.9
40.6
38.3
40.9
68.7
82.6
112.7
82.7

21.8
19.4
23.4
19.2
16.6
31.8
45.9
75.1
56.8

12.9
15.4
15.5
15.3
15.6
22.4
23.7
26.8
19.7

26.2
26.4
28.9
28.1
31.0
29.3
30.3
34.3
31.7

83.4
81.0
82.2
86.2
82.2
75.2
81.5
93.0
86.9

22.8
22.2
20.6
23.3
23.9
20.5
23.5
25.5
22.5

22.0
18.6
20.1
19.4
15.7
13.3
14.1
21.9
19.7

166.2
166. 8
155.3
174.2
180.4
168.7
189.7
162.8
179.6

45.9
44.4
43.7
53.0
50.2
49.8
55.4
46.0
55.7

56.1
55.0
49.4
56.5
63.6
44.4
51.7
43.9
44.8

30.7
33.6
31.7
32.1
31.3
38.4
38.6
36.3
42,8

33.4
33.9
30.4
32.5
35.4

1935:

April
May
June
July
August
September... _
October
November.
December

,

52
51
59
54
53
58 |
52 '
58

1936:

January
February
March
April
Monthly average, January through April:
1934
1935

1936

44.0
36.6
36.3

51
53
51
54

60
56
58

198.0
181.8
194. 8
192.6

195.1
179. 2
192.1
189.4

59.8
50.1
44.5
40.4

35.7
26.6
26.3
32.8

15.9
14.8
16.8
14.2

28.6
28.3
32.1
33.8

90.8
86.1
98.7
101.0

25.5
24.6
27.9
30.7

22.1
22.1
24.0
23.0

186.4
189.6
194, 3
199.8

58.4
58.6
57.7
62.1

55.3
60.3
63.6
65.7

39.7
40.1
37.6

33.0
30.6
36.8
34.4

46
45
51

3 44 !
3 52
3 61

705. 3
688.6
767.2

693.1
676. 6
755.8

215. 7
179.5
194.7

138.3
102.9
111.4

80.1
61.6
61.7

110.1
109.7
122.8

287. 2
325. 7
376.5

66. 5
83.5
108.7

66.1
84.7
91.2

548.7
662. 5
770.0

159.2
184.6
236.9

172.0
232. 9
244.9

104. 4
124. 5
153.5

113.1
120.4
134.8

i Adjusted for seasonal variations.

60511—36
2



1

36.0

57

m. l

i
2

General imports through December 1933; imports for consumption thereafter.

* Monthly average of unadjusted indexes.

10

SURVEY OF CURRENT BUSINESS

June 1936

Real Estate and Construction
of the gradual expansion in the highest since the final quarter of 1931. The chart on
ACONTINUATION
building industry is evident from recent statis- page 4 indicates, however, that the volume of contracts
tics. Actual operations, as indicated by data on is still relatively low.
employment, have increased markedly, and manu- Basic conditions in the real-estate field still remain
facturers and suppliers of building materials have favorable for an extension of the improvement of resienjoyed an increased demand for their products. dential construction. Not the least important of these
April output of plate glass established a new high for is the continued upward trend of rents. As pointed
the industry, but it should be noted that this product out on page 5, the rise in the rent index of the National
has found increasing uses in recent years in industries Industrial Conference Board during the past year has
other than building, and it is such uses that account exceeded 10 percent, with every month during this
for the current production records. Production of period showing an increase.
lumber, brick, stone, cement, and plumbing supplies
The March-April increase in nonresidential building
are still far below the level of output prior to the depres- was accounted for mainly by the rise in commercial
sion, notwithstanding the very substantial and con-and factory building, the increase for these two groups
tinuing increases of the past year or more.
being larger than the gain in all nonresidential work.
The seasonally adjusted index of construction con- Such work is gradually picking up but is still restricted.
tracts awarded rose slightly in April after having In 1929, for example, the volume of such construction
receded from 67 last December to 47 in March. There in the first 4 months of the year amounted to about
was a sharp gain in the volume of privately financed one-half billion dollars. In the same period of 1938.
contracts, the total being the largest in more than the corresponding total was about one-eighth of a
4 years. Thus, the revival in private building appears billion dollars.
to be making further progress.
Each of the 13 districts distinguished by the Dodge
While awards for all major classes of construction Corporation has reported a larger contract total so far in
were larger in April than in March, the relative in- 1936 than in 1935. Among the largest relative increases
crease was greatest in residential building. On a have been those reported for southern Michigan (Deseasonally adjusted basis, residential awards were the troit particularly), Texas, and upstate New York.

BUILDING MATERIALS, CONSTRUCTION, AND REAL ESTATE
Construction contracts awarded

Year and month

F. R. B.
index
adjusted »

All types of
construction

Monthlyaverage,
1923-25=
100

Number of
projects

Residential
building

MilMilMil- 1
of lions
lions of lions
of I
square
dollars
dollars |
feet

Publie
utilities

Public
works

Millions of
dollars

||
Loans outstandBuilding-material shipments Highways
ing
;
Conunder
strucconstruc- tion
Realtion
estate
costs,
(National
Home
Eng.
Com- T
Oak
Home- foreIndusCeclom
News- Owners' loan
mon L "
" I floor- ment
trial
Loan
her
Recbanks sures
brick
Corp.
Recovery ord »
Act)

Thousands

I
Mills. I Thous. Thouof ft. sands of
of ft.
b. m. b. m. barrels

59, 725

45, 501 13, 325
31,874 13, 340
28,155 11,184
12, 555 6, 536
9, 479 4, 949
1,378 9,476 6,492

Thousands of
dollars

Monthly average,
1913=
100

Thousands of
dollars

Number

_|

1929: April
1930: April
1931: April
1932: April
1933: April
1934: April
1935:
April
May
June
July
August
September
October
November
December
1936:
January
February
March
._.
April
Monthly average,
January through
April:
1934
1935
1936




1

123
101
73
27
14
32

19, 948
14,686
11, 888
7,653
7,254
8,110

642
483
337
122
57
131

51.7
25.4
22.6
7.2
5.8
5.9

256.8
123.1
95.9
28.9
19.1
22.6

83.2
37.9
34.8
4.9
2.4
12.4

269, 229

153.1
160. 2
195.9

27
27
30
35
38
43
48
60
67

10, 567
10, 501
10,450
10, 929
10, 655
9,978
11,385
9,256
8,249

124
127
148
159
169
167
201
188
264

11.9
13.1
13.7
13.1
11.8
12.0
16.8
12.3
11.9

42.2
44.9
49.8
48.4
40.5
41.8
55.1
39.7
45.1

7.3
5.4
9.1
13.8
4.4
12.5
11.2
10.7
18.1

33.2 76, 646
26.0 83, 076
30.0 88,324
40.1 93, 608
65.1 95,940
63.7 91,127
75.1 117,031
69.6 95, 673
76.4 73,586

1,521
1,681
1,415
1,614
1,761
1,643
1,782
1,489
1,331

14,438
18, 306
17,732
18,374
17,864
17,402
23,475
19,547
19,497

6,198
7,428
7,632

7,813
8,105
7, 799
8,794
5,976
4,514

187, 675
191, 522
185, 044
170,846
149, 047
126, 211
102, 246
88, 776
74, 700

61
52
47
48

7,724
6,442
10, 514
13,338

205
142
199
235

10.3
9.1
15.6
19.7

37.4
31.2
55.2
67.3

17.9
11.9
18.1
23.8

58.9 56,471
36.3 44,736
44.2 108, 781
49.7

1,569
1,467
1,688

20, 395
23,081
28,479
29,483

3,889
3,156
7,138
9,089

7,317
8, 022
9,505

148
105
195

5.1
7.7
13.7

20.1
28.4
47.7

12.6
6.6
17.9

69.8
33.1
47.3

42,544 3 1,194 I 9,109
45,853 * 1,296 | 11,684
69, 996 31,575 | 25,360

4,460
4,218
5,818

108.1
128.1
98.6
42.4
11.2
57.5

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

2

203.4
207.1
191.6

30, 540
607, 269 86, 822

18, 202
15, 781
15, 807

194.5
194.1
194.8
195.2
195.1
195.1
195.1
194.9
194.9

2, 578,883 74, 011
2,620,119 75,836
2, 660, 677 79, 233
2,702, 247 80,877
2, 747,022 86,025
2, 788, 203 90, 432
2,838,086 95,595
2,886,013 97,089
2, 940, 029 102, 795

17,441
17,441
17,249
15,835
14,964
14,470
14,398
12,886
13, 221

65, 390
61,015
59,593
56,484

199.5
201.2
201.2
202.2

2, 984, 438 102, 800
3, 014, 423 102,942
3.040,137 103,358
3,060,029 105,972

12, 560
11,794
13.245
13,126

230, 646
164, 880
60,621

193.8
195.9
201.0

Index is as of 1st of month, May 1, 1936, 203.4.

15, 508
17,224
12, 6S1

11

SUEVEY OF CURRENT BUSINESS

June 1936

Transportation
URING the first 5 months of 1936 there has been 1931, but they were 15 percent less than in the same
Dnoteworthy
improvement in the volume of railroad period of that year. The gain over 1935 amounted to
equipment purchases. Through May 21, 19,240 freight 8 percent, with all classifications showing increases,
cars and 88 locomotives were ordered, according to the except livestock and 1. c. 1. loadings. For the lasttabulations of the Railway Age. These totals exceeded mentioned group, the total was not only below that of
those for the full year of 1935, during which 18,699 1935 but was also lower than in any similar period since
freight cars and 83 locomotives were ordered. Rail 1920.
Miscellaneous loadings, which are composed
buying also has expanded sharply, with orders for the largely of manufactured products, were 11 percent
first 4 months of the year totaling 445,000 tons, more higher than in 1935.
than twice the amount in the corresponding period in
For the first quarter the railroads reported a loss of
1935, according to the same source. Purchases of all $27,923,134, compared with a loss of $43,359,976 in the
types of equipment are still relatively small, however, corresponding period of 1935. The floods in March,
in comparison with those of predepression years. which reduced the volume of freight traffic for a time
Nevertheless, they have played a significant part in the and caused heavy expenditures for repairs; the severe
rise in manufacturing activity this spring.
weather conditions earlier in the year; and the inauguWeekly freight-car loadings have advanced steadily ration of employment-insurance taxes and pension
since March, with the exception of the small recession taxes were all elements contributing to higher operating
in the week ended May 9, but on a seasonally adjusted expenses reported by the railroads for this period. The
basis, loadings are still below the December figure. basic difficulty, however, still lies in the slow rate of
During the first half of May only one class of traffic, recovery in freight traffic. The table below indicates
ore, showed a marked expansion and this increase was that the number of cars loaded is only about twoapproximately of seasonal proportions. Loadings usu- thirds of the 1929 volume.
ally record the sharpest expansion of the year between
While the financial statements of the roads for April
April and May, but the increase is generally concen- are not yet available, the return to more normal opertrated in the latter half of the month.
ating conditions after the floods and the gain in loadings
For the first 20 weeks of the year total loadings suggest that the results for the month will be considerexceeded those in comparable periods of all years since ablv better than those for March.

RAIL AND WATER TRAFFIC
Freight-car loadings
F. R. B. Index
Year and month

Unad- Adjusted* justed'

Total

Pullman
Freight- passencar
gers
MerGrain
Mis- surplus carCoal Forest and Live- chan- Ore celand prodried
dise
prodstock
laeoke ucts ucts
neous

Monthly average, 1923-25=
100
1929: April
1930: April.
1931: April
1932: April.
..
1933: April.
1934: April
1935:
April
May_.
June.__
July
_
August
September
October.
November
December
1936:
January
,
February...
March
April
Monthly average, January through April:
1934
1935
...I
1936
i Daily average basis.



Thousands

Thousands of cars *

Financial statistics, class I
railways
Operating
revenues

Canal traffic

Netrail- Sault New
wayop- Ste.
York Panama 3
erating
income Marie State
Thous.
Thousands of of
long
short tons
tons

Thousands of
dollars

102
93
T,
5'
51
60

108
97
80
59
53
62

997.3
913.4
757.5
557.3
506.4
585.1

158.1
146. 5
122.4
95.3
82.2
107.2

69.6
57.5
33.3
19.8
17.5
24.2

36.0
38.8
37.7
31.2
35.9
26.5

26.7
25.0
22.3
19.3
16.9
16.3

265.5
250.1
225.1
186.3
161.1
166.0

27.7
18.2
8.6
3.7
3.4
7.2

413.7
377.5
308.1
201.5
189.4
237.6

221
428
603
728
619
368

2,582
2,420
1,986
1,286
974
1,212

508,587
445,850
365,419
264,886
224, 859
265,406

92, 526
60, 901
38,820
20, 273
19, 351
32,434

4,406
410
922
369
696
13

60
312
349
250
183
140

1,194
1,120
929
620
664
1,038

59
61
63
60
64
70
73
67
62

61
61
63
58
60
62
64

575.5
581.8
607.0
557.2
620.4
657.9
720.5
635.9
579.6

100.2
104.2
130.2
84.3
103.5
117.8
143.4
132.3
138.8

25.5
25.0
26.3
26.4
30.3
30.9
31.6
27.5
25.9

26.9
25.6
25.4
30.0
42.2
40.6
37.0
31.3
27.3

12.9
12.9
10.2
9.9
12.9
17.4
21.6
16.9
12.8

160.5
159.8
153.5
150.2
159.6
160.3
166.9
157.6
146.6

9.7
25.6
31.8
32.8
34.1
33.8
32.4
13.4
5.2

239.9
228.6
229.6
223.6
237.8
257.1
287.5
256. 9
223.1

310
305
272
296
245
229
208
252
271

1,193
1,146
1,309
1,286
1,425
1,364
1,278
1,246
1,409

274, 663
279, 549
281,336
275, 349
294, 018
306, 960
341, 018
301,331
296, 225

34, 709
39, 505
34,025
26,851
42,074
57,359
75, 425
54, 234
46,040

5,985
7,058
7,503
7,731
7,148
7,454
4,087
440

329
554
482
519
576
574
800
655
0

811
938
862
715
848
907

588.3
627.0
604.7
636.2

156.0
192.1
112.5
118.3

26.0
26.9
30.5
30.3

30.2
30.2
34.0
30.6

13.1
10.6
11.9
12.4

141.4
146.0
155. 6
161.8

5.6
5.7
6.0
8.9

215.9
215.6
254.2
274.0

231
171
205
179

1,533
1,359
1,312

299,099
300, 459
308, 304
313,408

35, 765
33,595
35, 206
41,548

0
0
0
37

582.7
576.9
614.8

140.3
135.3
147.5

22.1
23.7
28.3

28.9
26.1
31.2

15. 5
12.8
11.9

160.9
154. 3
150.9

4.2
5.2
6.5

210.7
219.4
238. 5

384
318
197

« 1, 222 266, 270
s 1, 274 268, 670
51,401 305,318

36, 283
30, 427
36,529

63
65
62
66
61
60
64
2

69

Adjusted for seasonal variations.

3 American vessels, both directions.

* Average weekly basis.

0
0
0

* 3 months' average.

852
775
813
981
1,023

826
898

12

SURVEY OF CURRENT BUSINESS

June 1936

Automobiles and Rubber
HILE the 1936 peak of automobile production of cars announced an increase from 22 to 24 percent in
W
has apparently been passed the rate of assemblies the discount allowance to dealers. This was designed
has fallen off very gradually. Current estimates place

to strengthen the position of the dealers in a field
the probable May production at a figure close to that where competition is extremely keen.
for^ April, when United States factory sales amounted
Profits of automobile manufacturers have increased
to 502,775 cars and trucks, of which 469,545 were for considerably this year, but the parts and accessory
the domestic market. To find a larger total, it is companies have not done so well. The two leading
necessarytto go back to June 1929, and in only 5 months manufacturers of cars that issue quarterly statements,
in the history of the industry have assemblies topped the reported profits for the initial period of 1936 well in
half-million mark. All of these months were in 1929. excess of the totals for that period last year. The
r 'indicated production for the first 2 months of the comparison is influenced, however, by the slow start of
second quarter is thus approximately 1,000,000 vehicles, one company on the 1935 models. Twenty-seven
compared with 814.000 in the same months of 1935. manufacturers of parts and accessories reported a
Production of cars dropped sharply in May a year ago, combined net profit 8 percent less than the total for
partly by reason of labor difficulties which for a time the initial quarter of 1935.
curtailed the operations of one of the leading proIn the rubber-manufacturing industry, production
ducers of low-priced cars.
increased sharply in April, with crude consumption
The current high rate of output has been based on reaching the record figure of 46,707 long tons. This
the favorable trend of retail sales of cars. General brings the total consumption for the 4 months slightly
Motors' sales to consumers in the United States, above the figure for the same period of 1935. Tire
amounting to 200,117 vehicles, were the the highest in business increased in April, with the larger demand
the history of the corporation, and they exceeded sales for original equipment tires supplemented by the
to dealers b}r more than 5,000 cars. Sales of all makes seasonal trend in renewal tire sales. The latter probwere up considerably in April, although the seasonally ably have been stimulated to some extent also by the
adjusted index continues to move erratically. Reports general increase in retail tire quotations announced by
for the first half of May indicate that sales during this the major companies. At the same time the price
period have been maintained on about a par with those increase was made, two of the leading tire producers
of the first half of April. In May one leading producer announced general wage increases.

AUTOMOBILE AND RUBBER STATISTICS
Automobile production

F.R.B.
index,
adjusted i
Monthly av.,
192325=100

1929: April
1930: April
1931: ApriL
1932: A p r i L . . . . .
1933: April
1934: April
1935:
April
May
June
July
August
September. _
October
November __
December,._
1936:
January
February
March
April
Monthly average, January
through April:
1934..
1935
1936

Total

Registrations

Passen- Trucks
ge?

New
New
compassen- mercial
ger cars cars

Pneumatic
tires»

New passengercar sales

Canada

United States
Year and
month

Automobile
exports

PassenTrucks
ger
cars *

Total

Production

Adjusted i

Monthly average,
1929-31 = 100

Number

Thousands

Unadjusted

Crude rubber

DoDomestic
Imconmestic
sump- ports
shiption,
ments
total

World
stocks,
end of
month

Long tons

Thousands

143
102
77
35
43
85

622
444
337
148
176
353

538
373
287
121
150
288

84, 346
71,092
50,022
27, 389
26, 677
64, 620

41,901
24, 257
17,159
6,810
8,255
18, 363

47, 732
23,777
11, 229
4,669
5,662
16,511

16, 695
11,461
5,498
1,630
2,656
10, 756

481, 750
357, 064
265, 732
121,093
119,972
223,050

56,258
46, 978
36,851
17, 777
17, 301
38,882

232.7
154.5
112.0
55.5
45.5
87.9

154.5
103.5
75.0
37.5
30.5
59.0

5,913
4,518
3,955
2,813
2,499
4, 627

5,242
3,886
3,804
2,886
2,874
4,212

42,769
36,186
30, 655
23,877
22,817
40, 902

55,730
45,648
44, 908
38,454
21, 038
45,367

285, 570
419, 288
531, 832
630,803
629,159
658, 796

110
86
100
95
78
71
94
115
126

453
361
356
332
237
88
272
395
405

387
306
294
274
181
56
213
337
343

65, 778
55, 560
62,158
57, 765
56, 270
31, 443
58, 733
58, 145
61, 506

24,123
20, 702
15, 745
13, 069
7,692
5,323
8,313
13,496
13, 775

18, 341
13,604
16, 517
14, 752
10, 076
5,622
7,471
22, 491
17, 736

8,092
6,291
9,753
10, 274
9,997
7,081
7,109
8,038
10, 276

319, 650
293,199
280,360
285,178
233,851
157, 098
148, 389
220, 262
237,194

46, 785
47, 968
48, 243
51, 243
50, 355
41, 390
43, 243
37,616
38, 000

116.7
98.4
104.9
89.1
80.2
50.1
53.3
96.6
90.6

78.5
70.0
78.5
81.0
75.0
79.0
82.0
113.5
106.5

4,376
4,050
3,793
3,426
3,234
3,067
3,281
3,238
3,282

4,908
3,850
4,061
5,212
3,783
2,621
3,258
3,170
3,311

40,913
37,827
33,327
33,109
36,000
34, 000
38,192
38, 500
38, 648

41,456
30, 705
32,182
48,131
41, 483
35, 707
36,378
26, 073
39,812

677,006
677, 569
671, 525
679,061
680,644
661, 509
655, 000
623, 300
611,987

111
91
110
IU

364
288
421
503

298
225
344
417

65,730
62, 790
77, 448
85,643

13, 302
13,268
17, 974
24,951

15, 867
16, 046
18,921
17,723

9,787
9,913
9,999
8,330

215, 782
176, 668
296, 722
350,000

43, 760
40, 301
52, 000
57,000

69.3
65.5
117.6
140.9

102.0
89.5
101.0
92.5

3,709
2,898
2,947

3,079
2,545
3,065

43, 655
33, 071
38, 433
46,707

33, 921
34,339
34,874
15,830

600,479
599.355
574.594
553,694

269
375
394

217
312
321

52, 544
60,528
72, 903

12,005
18, 705
17, 374

11,303
16,357
17,139

8,603
7,566
9,507

138,117
222, 094
259, 793

30,039
39,463
48,265

56.2
85.3
98.3

38,985
40,411
40,467

42,982
44,116
37, 241

662. 609
685, 041
582,031

82 '
117
119 i

 1 Adjusted for seasonal


variations.

» Covers varying percentage of industry, see note on p . 55.

- !
* 4, 345 * 3, 372
4, 318 ^ 3, 527
3,185 4 2, 896
4
4

» Includes taxicabs, see footnote on p . 59.

* 3 months' average.

13

SURVEY OF CURRENT BUSINESS

June 1936

Forest Products
consumption, including exports, for thewere about one-fifth larger than the comparable total
1UMBER
first half of the current year is estimated by the a year ago and were also about 8 percent in excess of
J

Special Lumber Survey Committee in a report to the production. Shipments exceeded production by a
Department of Commerce at 10,650,000,000 board substantial margin during this period, with a resulting
feet. This represents the largest consumption for the decline (partly seasonal) in producers' stocks. The
period since 1930, but is only about 3 percent in excess ratio of unfilled orders to stocks for the four important
of the comparable 1931 total and is 43 percent less than softwood regions is now the most favorable for the past
the estimated consumption in the first 6 months of 6 years, the entire period for which data are available.
1929. In the first 6 months of 1935 the consumption
The production statistics reported weekly for identiamounted to 8,615,000,000 feet and in 1932, the low cal mills reveal a rising tendency through the first half
year of the depression, it was 6,780,000,000 feet.
of May.
The Committee found that the major sources of
Production in the furniture industry in April was at
increased business this year were the construction a slightly lower rate than in March, if the employment
industry, which is by far the most important consumer and pay-roll data may be accepted as a correct guide.
of lumber, and the agricultural implement industry in Reports concerning manufacturers' sales in April and
which production has shown a substantial increase.
early May indicate some slackening in the volume of
The Committee reported that the increased use of
purchases by retailers following the sharp spurt in
lumber in the furniture industry was not so marked as
March.
The volume of retail sales, according to
anticipated, and that the increase in the container
reports
received
by the Department, is substantially
industry, in comparison with the early months of 1935,
ahead
of
a
year
ago. Reporting furniture stores in
was only 2 percent. More automobiles have been
three
principal
mid-Western
States, for example, show
produced this year than last, but the increased use of
dollar
sales
in
April
to
have
been
more than one-fourth
steel in the current models has curtailed the market
above
the
April
1935
total.
for lumber to some extent. Exports of lumber this
The increase in paper production in April was unyear have been less than in 1935.
Increased consumption has been reflected in orders usually large, the rate of operation moving up to 82
received by the mills this spring, although there was percent of capacity from 76 percent in April. The
little change in the volume from March to April. increase in the production of board mills was less
Total orders for lumber for the first 4 months of 1936 pronounced.

FOREST PRODUCTS STATISTICS
Car
load-1
ings

Lumber production

TurYear and month

CaliFurniTotal South- fornia
ture,
AdTotal 3 softern
redjusted*
adpine
woods
wood
justed*
Millions of feet

1929- \pril
1930- April
1931- April .
1932- April
1933: April
1934- April .
1935:
April—

May
June
July.
...
August
SeptemberOctober
November
December
1936:
January
February
March
April
Monthly average, January
through April:
1934
1935
1936

.

1

Of forest products.


91
74
43
26
22
31

111.8
95.9
77.4
61.2
50.9
63.0

98.5
72.0
63.5
101.2

Short tons

116, 974

57.9
57.3
59.9
57.5
59.3
59.3
64.6
65.8
64.4

732,493
778,059
713,999
694, 705
806, 564
752, 268
914, 328
783, 476
714,352

96,852
93, 358
82, 098
86,121
88, 201
87, 911
95,894
89, 262
91,075

74, 651
84,141
77, 010
72, 797
75,160
71,262
79,974
78,955
75,869

260, 851
262,463
256, 665
260, 207
291,127
289, 596
345, 596
294, 290
243,594

132, 986
148, 984
132,181
121, 304
160, 510
135, 278
176, 973
138, 523
131, 544

166,122
201,970
161,884
153,811
148,142
160, 558
179, 821
187, 448
186, 514

98.0
98.1
97.1
99.0

60.5
55.2
59.2
57.0

823.183
757, 764
782, 517

101, 223
96, 068
101, 669
107,533

79, 336
79, 249
76, 500
76,470

270,928
271,107
285, 257
294,929

165,934
13G,087
140, 072

161,185
182, 213
183,974
183,399

99.8
97.7
98.1

39.3
47. 4
54.5

50.5 s 679, 879
54.3 5 741, 593 92, 283
58.0 s 787, 821 101, 623

79, 389
74, 708
76,139

243,711 5126, 220
262, 629 5140, 878
280,555 5147, 364

153,112
166,237

1,382
1,374
1,359
1,636
1,806
1, 750
1,971
1,620
1,422

1,102
1,084
1,074
1,358
1,517
1,457
1,669
1,347
1,215

107
107
110
131
137
125
149
134
126

25
26
26
28
34
34
38
33
30

33
33
35
39
40
42
42
40
45

71.1
70.5
69.6
72.4
73.3
73.9
71.7
71.6
72.4

99.2
99.0
98.9
98.9
99.1
100.5
100.3
100.7
99.7

1,490
1, 353
1,587

1,261
1,138
1,343

141
125
148
155

31
32
37

42
36
40
40

74.4
73.3
73. 7
74.7

1,289
1,153
«1,477

1,064
963
1,339

115
103
142

«23
522
5 33

31
33
40

61.6
67 2
72.2

5

111.3
85.1
62.5
36.3
24.4
40.3

ConWrap- sumption
ping
h
paper
l
publishers

49.2
47.1
48.5
48.4
56.0
60.2
63.0
59.3
58.4
51.8
54.3
55.7
56.2

1,188

5

Book
paper, News- Paper
un- print board
coated

189, 986
190, 936
174, 325
148, 351
132, 032
160,815

1,463

_ __

Total

Monthly average, 1923-25 = 100
39
39
19
12
10
24

Newsprint

Paper production '

Unadjusted

Turtine
penand
tine
rosin Furniand
unad- ture
rosin
justed

278
165
106
89
117

. -

_.

board measure

Pay rolls

Employment

56.2
32.3
26.4
53.7

677,194

118, 667
109, 967
102, 377
91,490
74, 415
79, 609

223,845
251, 324

j
2 See note on p. 54.

* See footnote on p. <

i

Adjusted for seasonal variations.

6

3 months' average.

177,693

14

SURVEY OF CUREENT BUSINESS

June 1936

Iron and Steel
for finished steel products has sustained
DEMAND
the rate of ingot production near the peak reached
in April. After rising above 70 percent of capacity in
the latter part of that month, operations have subsided
only slightly in succeeding weeks. It is estimated that
output for May will be about the same as in April, when
production averaged 69 percent of capacity. On a daily
average basis, output in April was the largest since Ma}T
1930 and was nearly 50 percent in excess of the total for
April 1935.
Automobile purchases have been an important influence in the maintenance of a relatively high rate of steel
production through May. While other sources of business have required increasing tonnages this spring, it
may be noted that the output of automobiles in April
reached 503,000 units against 421,000 in March. Present estimates place the probable May requirements
close to the April figure. Kailroad, structural steel,
and machinery business has also tended to bolster the
rate of operations. Orders for freight cars, steel rails,
track work, and structural steel in April were each
larger thanjin March. Continued improvement in machinery business is evidenced by a further gain in new
orders for machine tools; domestic business for this industry in April was the best so far experienced in the
recovery period. Orders for steel sheets were sharply
lower than in March, although shipments were about
one-fifth larger.

Statistics on the volume of finished products made
for sale in the first quarter are now available, and provide detailed information concerning the sources of
increased business this year. Generally, the largest
percentage increases have been in the heavy lines, but
the output of this type of products is still relatively
low. Production of heavy structural shapes in the
first quarter was at the rate of 32 percent of capacity
against 19 percent a year ago; standard rails 26 percent
against 13; splice bars and tie plates 22 percent against
14; and bars 37 percent against 32. Production of
pipes and tubes also showed a substantial increase.
For lighter products the gains generally were smaller;
thus, the capacity engaged for sheets dropped from 74
to 72 percent. The amount of both black plate and
tin plate produced for sale was considerably in excess
of the total for the first quarter of 1935.
Production of all products utilized about 55 percent
of total finishing capacity, compared with 45 percent
in the opening quarter of 1935. Roughly the same
proportion of finished capacity as of ingot capacity
was engaged this year. In 1935 ingot production was
at a rate some 5 points higher than the rate of finishing.
The trade press has featured reports of prospective
price increases for third-quarter delivery, and some
price increases were announced in the latter part of
May. Scrap prices have been declining, after rising
steadily throughout the first quarter.

IRON AND STEEL STATISTICS
General operations

Year'and month

Production,
adjusted 1

EmPay
ploy- rolls,
Ex- Imment, unadad- justed ports ports
justed «

Pig iron

Production

Thousands of long
tons

Monthly average,
1923-25=100

1929: April
1930: April.
1931: April
1932: April
_-.„..
1933: April
1934: April
1935:
April
_
May..
June._
_
July
August
September
October
November
_
December
1936:
January
February
_.
March
April
Monthly average, January
through April:
1934
1935
1936

Iron and
steel

Furnaces
in
blast

Steel ingots

Production

Prices
Steel sheets» United
States
Steel
Corporation, Iron Steel Steel FinNew Ship- finished and billets,
scrap ished
orprod- steel, Bessesteel,
mer (Chi- comcom- : (Pittsders ments ucts,
ship- posite burgh) cago) posite
ments

Percent
of
capacity
ThouNum- sands
Thousands of
ber of long
short tons
tons

Long
tons

Dollars per long ton

Dollars
per 100
pounds

131
107
71
32
35
77

101.4
94.9
74.4
5.5.7
47.4
71.5

112.0
99.8
67.7
32.3
24.6
56.8

278
209
101
58
91
202

54
54
48
36
28
27

3,663
3,182
2,020
853
624
1,727

215
183
113
60
48
110

4,950
4,109
2,767
1,260
1,345
2,936

300
192
103
119
272

377
292
211
105
100
184

1,188,456
878,558
395, 091
335, 321
643,009

36.40
34.16
31.47
29.44
27.78
32.67

34.80
33.00
30.00
27.00
26.00
26.75

15.95
13.00
9.81
7.00
6.00
11.75

2.56
2.39
2.22
2.17
2.06
2.40

67

81
84
88
96
103

71.1
71.5
71.7
72.4
73.4
74.1
75.9
77.1
77.9

59.4
58.3
55.7
52.6
59.4
62.7
65.5
65.1
68.8

205
287
290
297
247
244
238
205
239

29
48
33
32
31
53
60
57
54

1,663
1,727
1,553
1,520
1,761
1,776
1,978
2,066
2,106

97
97
91
95
99
104
116
122
120

2,641
2,634
2,259
2,268
2,916
2,825
3,143
3,150
3,073

150
129
206
207
196
226
289
203

202
187
161
152
181
177
221
213
195

591,728
598,915
578,108
547, 794
624,497
614,933
686,741
681,820
661,515

32.29
32.35
32.42
32.44
32.68
32.82
32.84
33.15
33.31

27.00
27.00
27.00
27.00
27.00
27.00
27.00
28.00
29.00

9.85
10.06
9.97
10.35
12.38
12.50
12.50
13.00
13.35

2.44
2.44
2.44
2.44
2.43
2.43
2.43
2.43
2.43

83
83
100

77.6
75.9
76.1
77.7

64.4
65.2
69.9
73.7

242
214
264
302

50
43
57
49

2.026
1,824
2,040
2,404

117
120
126
144

3,046
2,964
3,343
3,943

175
138
252
190

207
176
210
252

721,414
676,315
783, 552
979,907

33.34
33.48
33.21
33.10

29.00
29.00
28. 20
28.00

13.38
14.19
14.75
14.34

2.43
2.43
2.37
2.36

68.0
70.5
76.8

48.7
57.4
68.3

198
255
256

28
25
50

1,457
1, 630
2,074

96
95
127

2,486
2,788
3,324

206
217
189

166
211
211

487,124
594, 244
790, 297

31. 63
32.44
33.28

26.19
27.00
28.55

11.35
10.85
14.17

2.33
2.44
2.40

1

Adjusted for seasonal variations.


i Black, blue, galvanized, and full finished.

3

See table on p. 19 of the January 1935 issue.

15

SURVEY OF CURRENT BUSINESS

June 1936

Textile Industries
output of three of the four major rowed manufacturers' margins. According to the regAGGREGATE
^ branches of the textile industry was about the ular compilation of the Textile World, the spread between the average cost per pound of clean cotton and

same in April as in March. After allowance for the
usual seasonal increase, the index remained unchanged the average selling price of a representative group of
at 100 (1923-25 = 100). Rayon production, which is print cloths has been cut substantially this spring. In
not represented in the index, recorded a slightly more the week ended April 28, the margin was 14.2 cents, 1.3
than seasonal gain. Activity in the various branches cents less than the average for March and the lowest figshowed a continuation of the divergent trends that ure in the series which is available back to August 1933.
have been in evidence for several months. Briefly,
In the woolen industry, the situation was somewhat
these comprise declining activity in the woolen and less favorable than in the preceding month, at least
silk manufacturing industries, only minor changes in from the standpoint of volume of output. The seacotton mill activity, and the maintenance of a relatively sonally adjusted wool component of the textile produchigh level of operations in the rayon industry.
tion index, which is based on wool consumption and
Daily average cotton consumption was about 7 per- wool machinery activity, dropped 7 points to 89, the
cent higher in April than in March. The gain was more lowest figure reported in 16 months.
than is usual at this season of the year, and, on an ad- In the silk and rayon industries the data on delivjusted basis, cotton consumption was only slightly below eries did not record any significant changes from March
that of the December-January period, when the rate was to April. Daily average deliveries of raw silk showed
the highest since the "boomlet" in the summer of 1933. a small contraseasonal decline, but were higher than
While cotton-spinning operations are relatively high, the average of the first 2 months of the year, after
reports of sales trends suggest a less satisfactory mar- seasonal correction. The adjusted index of rayon deket situation. Orders received by New England mills liveries turned upvvard, after having recorded declines
fell off in April, partly because of seasonal influences, in each of the three preceding months. While the
and the employment data indicate a slackening in drop in rayon deliveries from the December figure has
weaving operations. Furthermore, price movements amounted to about 25 percent, a movement of this
of raw cotton and finished cloths have gradually nar- size is not unusual in this industry.

TEXTILE STATISTICS
Cotton,
raw
Production index, adjusted i
Year and month
Monthly average,
1923-25=
100
1929: April
1930: April
1031: April
1932: April
1933: April
1934: April
1935:
April
May
June
July...
August
September
October
November
December
1936:

_

January
February
March.,'
April
Monthly
average,
January through
April:
1934
1935
1936

Mill
consumption

Cotton cloth,
finishing

Spindle activity, Plain
total bleached

WholeConsale
price, sumpcotton tion^ Wool- Worgoods
en
sted

49, 205
36, 794
47,710
19, 954
28, 701
29,889

84
58
,^

122, 951

99.4
89. 6
71.4
55.1
50.7
88.2

144,429
130,284
90, 496
89,164
94, 521
93, 013
110,885
102, 292
101, 310

104,597
100,265
70,381
61,842
77, 913
86,948
97, 972
97, 331
104, 720

81.8
82.7
82.5
82.0
82.5
83.2
84.5
85.8
86.0

62, 066
70, 617
80,428
66,648
74, 781
80, 293
78, 727
72,993
73, 367

73
83
89
94
103
97
106
104
93

72
67
67
67
81
83
73

591, 309
516, 649
548,913
576,762

7,714
97, 435
92,807
6,736
7, 264 107,893
3
7,320 106,000

100, 528
91,860
95, 274
3
92,500

80.4
78.1
77. 1
76.2

73, 908
64,193
53, 460
55,387

95
96
85

62
68
59

82

510, 633
495, 417
558, 408

7,158
6, 697
7,259

142,364
143, 966
101, 034

114, 800
116, 282
95, 041

88. 1
82.9
78.0

34, 081
59, 265
61,737

72
83
90

119
95
96
65
85
90

631, 802
531, 911
508, 691
366, 481
470, 359
512, 594

8,861
7,497
7,125
5,199
6,570
7,259

150,138

102
100
105
104
106
113
106
111

468,402
470, 412
383, 982
390,712
408, 410
449,126
552,187
507, 836
498,329

6, 055
6,087
5, 102
5,155
5,545
6,184
7,445
6,897
6,804

91
100
102

Spinning
spindles

Thousands
of
pounds

Millions of
spindle
hours

105
102
100
100

Print
goods

Thousands of
yards

i Adjusted for seasonal variations.



2

Silk

Wool manufactures

Monthly average,
1926=
100

Running
bales

m

Wool

Cotton manufactures

WholeWholesale
Deliveries
sale
price,
to mills
woolen Deliv- price,
raw,
and
to Japaworsted eries
Unmills nese, 13- ad- AdNar- Broad goods
15 (New just- JustYork)
ed ed i

26
53
72

Hosiery

Looms

Percent of active hours
to total reported
70
43
57
29

Rayon

ThouBales Dollars
Daily
sands
of 133
per
average,
of dozpounds pound 1923-25=100
en
pairs

21
29
39

90.7
80.7
69. 0
59.7
53.3
82.0

53, 855
47, 584
41, 356
35, 779
41, 910
37, 392

5.145
4.186
2.266
1.421
1.324
1.318

266
236
413
186
392
290

256
227
397
179
376
279

9,878

27
28
25
24
31
33
42
44
43

73.1
73.5
75.6
76.4
76.4
76.9
79.1
80.7
81.0

39,757
38,361
33,728
44.166
41,715
45,156
48.167
37, 012
35,559

1.391
1.418
1.376
1.447
1.705
1.868
2.084
2.092
1.958

274
417
381
433
550
583
494
464
473

264
439
477
570
513
419
462
522
557

9,392
9,203
7,121
7,541
9,001
9,577
11,574
10, 293
8,918

81.4
82.8
83.8
82,2

38, 995
32,053
36, 000
34,564

1.950
1.784
1.733
1,682

477
517
422
433

487
454
399
416

10,099
9, 252
9,832

60

48
44
38
36

10,201

45
67
62

37
29
42

83.7
73.4
82.6

40,359
43, 320
35, 403

1.432
1.375
1.787

359
391
462

340
374
439

9,186
9,574
9,846

35
39
65
71

G4
41
42

Monthly average,
1»26=
100

Production

Grease equivalent: see note on p . 58.

90

* Estimated.

16

SURVEY OF CURRENT BUSINESS

June 1936

Farm Equipment Business Recovers
Rapidly
By E. V. Needham, Agricultural Implements Specialist, Bureau of Foreign and Domestic Commerce

and production of farm equipment manu- year. For the low year, 1932, the value of production
SALES
factures have recovered rapidly in the past 3 years was not much more than half of this figure.
after dropping to an extremely low level in 1932. In
With the further rise in farm income so far during
that year, the estimated value of production was less 1936, the upward trend of sales and production has
than one-fifth of the 1929 figure. The improvement persisted. Although neither production nor sales data
has resulted mainly from the rise in the income of the are available on a monthly basis, the figures on emfarm population, and particularly in that portion of ployment and pay rolls afford some indication of the
the farm income which is available after meeting trend. For the first 4 months of the year the employcurrent expenses of production.
ment index stood at 137 (1923-25-= 100) while the
pay-roll index was at 168, these figures representing,
BILLIONS OF D0LLAR5
respectively, increases of 44 percent and 59 percent over
14
the corresponding period of 1935. The April figures for
I2
both employment and pay rolls were the highest
Y//;/;/\ FARM l/MV£ OF PfiODVCTS
. 1422^4 ftzrA/A/EO /Vfi COA/Sl/AfPr/Gt
reported since 1929.
I0
RgrSB PRODUCT/ON

£XP£hS£5

8

Four Main Categories of Farm Equipment.

6

Generally speaking, farm equipment may be divided
into four broad classifications. The first is tillage
equipment, which includes plows, harrows, cultivators,
planting and seeding machinery, and in general those
machines which are used to prepare the soil, to plant
and to care for the growing crop up to the time of
harvest.
The second group, harvesting machinery, is made
up of grain binders, corn binders, reapers, combined
harvester-threshers, threshing machines, hayrakes,
mowers, and, in general, all equipment used in harvesting the crop and preparing it for market.
The third and most important class, from the standpoint of value of product, is the tractor group, which
comprises all types of tractors and parts. The fourth
class, miscellaneous farm equipment, includes a wide
variety of machines and appliances not used directly
in the production of crops but important on every
farm, such as barn equipment, dairy equipment, windmills, and poultry equipment.
Figure 2 depicts the trend of production of these
four general classes from 1920 to 1935, omitting a
break-down for the years 1932, 1933, and 1934, for
which comparable figures are not available. The
chart reveals the growing importance of the tractor in
relation to total production, a development which has
been associated with the trend toward power farming.
In the 5-year period ended 1924 the value of tractors
represented 29 percent of the total value of farm equipment produced; in the succeeding 5-year period the
percentage was 35. Complete data are not available
for the years subsequent to 1929 but in 1930 the percentage was 41; in 1931 it was 34 and in 1935 it was 46.
The number of tractors on farms has increased each
year during the depression, notwithstanding the

III Mill II III
1924 '25 26 'Zl '28 '23 '30 '31 '3Z '33 '34 '35

DP-367/ L

Figure 1.—Distribution of Gross Income From Farm Production,
1924-35 (United States Department of Agriculture.

Figure 1 shows the trend of gross income from farm
production during the past 12 years, and the proportion of the total required for production expenses, as
well as that portion representing the value of products
retained for consumption on the farms. It will be
noted that the amount available after meeting production expenses, and exclusive of the consumption requirements on the farms, dropped sharply after 1929
to reach a relatively small total in 1932. This decline
was accompanied by a rapid drop in the sales of farm
equipment. With the recovery in farm prices and
farm income, and the added rental and benefit payments by the A. A. A., sales in the past 2 years have
undergone a marked revival.
Farm equipment business in 1935 was the best since
1930, although it fell considerably short of the results
of the earlier year. Production amounted to $331,998,066, and sales in the United States were valued at
$300,268,076, according to preliminary official statistics of the United States Bureau of the Census. Production during 1935, however, was only 65 percent of
the 1930 figure of $507,002,259, and only bh percent of
the 1929 figure of $606,621,812. Official statistics for
1931 show production of $214,390,792, while estimates for the intervening years, 1932 to 1934, inclusive,
 place production below the $200,000,000 mark in each


adverse influences tending to restrict sales and the drop
in production. According to the census of 1930, the
number of tractors on farms was 920,021, and by July
1935 the number had increased to 1,174,889. At present the number is in excess of 1,200,000.!
LIONS

17

SURVEY OF CURRENT BUSINESS

June 1936

OF DOLLARS

Improvement in Other Types of Equipment.

Coincident with the development of the tractor and
its widespread application to farming tasks has been the
improvement and refinements in many other types of
equipment. The "baby combine", for example, has
recently been developed for the small farm with diversified crops. Heretofore the combine was suitable only
for use on large farms and was beyond the reach of the
small diversified farm except on a cooperative basis.
Many other developments have been of interest, but
lack of space prevents a more extensive treatment here.
Comparative Production and Sales Data.

'22

'23

'24

'25

'16

'Z7

'26

'29

'30

'31

'32

'33

Figure 2.—Value of Production of Farm Equipment and Related Products
(Bureau of the Census, U. S. Department of Commerce).

The accompanying table gives comparative figures
on production and sales of the principal classes of farm
equipment and related products for the years 1930,
1931, and 1935. It should be noted that the 1935
figures are preliminary and subject to correction, but it
is not believed that the final figures will alter materially
the data as here presented.

NOTE.—The census of production of farm equipment and related products was
not taken for the years 1932 to 1934 inclusive. The totals for |these years are unofficial
Table 1.—Value of Farm Equipment and Related Products Manufactured
estimates.
and Sold, by Classes: 1935, 1931, and 1930

Development of "All-Purpose Tractor."

The original tractor, which came into fairly general
use during and immediately following the war, was
somewhat limited in its application to agriculture. It
was ideally suited to plowing, harvesting, and tasks requiring belt power, but it could not be used to cultivate
row crops such as corn, cotton, and similar products.
About 1925, the "all-purpose tractor" of lower
horsepower was developed. This type overcame
many of the objections to its predecessors and it has
constituted a very large proportion of the total produced in recent years. In 1931, 61,940 wheeled tractors
were produced of which 25,831, or 41.7 percent, were of
the "all-purpose" type. In 1935, 138,084 wheel
tractors were manufactured of which 106,343, or 77
percent, were of this type. Part of the gain made in
1935 was due to the development of the so-called "baby
all-purpose tractor", a machine of small horsepower for
use on small holdings.
The track-laying tractor has also made important
strides during the past few years, and has made a
marked contribution to the industry's recovery. This
particular machine has certain limitations for farm use,
being employed mainly on extensive holdings, but it is
a most practical machine for many industrial uses such
as logging, road building, grading, and other tasks in
the construction industry.
An important development in the track-laying
tractor industry in recent years was the utilization of
the Diesel engine for power purposes. The first
Diesel-powered tractor was produced in 1931 and subsequently the Diesel type has grown in popularity due
to its low operating costs. It is now being marketed
by all track-laying tractor producers.

[The sales statistics refer only to sales by manufacturers and do not cover sales by
dealers to consumers. The principal difference between the export sales as reported
by manufacturers and the value of exports as reported by the Bureau of Foreign and
Domestic Commerce is the fact that many manufacturers report to the Bureau of
the Census on a fiscal-year basis, whereas the reports of the Bureau of Foreign and
Domestic Commerce are compiled on a calendar-year basis. The figures for export
sales understate somewhat and those for domestic sales correspondingly overstate
the amounts of the actual sales, because of the fact that some manufacturers sell to
middlemen who export a part but not all of the commodities they purchase, so that
manufacturers do not in all cases know whether their products are destined for
export. The value figures include values of attachments and parts.]
Sold by manufacturers—
Class

Total.
Planting, seeding, and
fertilizing machinery.
Plows and listers..

Harrows, rollers, pulverizers, and stalk cutters.
Cultivators and weeders.

Harvesting

machinery...

Haying machinery..

Machines for preparing
crops for market or use.

Year

1935
1931
1930
1935
1931
1930

Manufactured

Total

For use in
United
States

$331,998,066 $324,415,989 $300,268,076 $24,147,913
214,390,792 248,979,523
(i)
(i)
507,002,259 480,448,234 382,190,716 98,257,518
14,981,579 15,204,595 14, 625,472
579,123
(0
10,862,052 10,886,064
0)
26,087,161 23,343, 796 21,039,871 2,303,925

1935
1931
1930

19,344,431
12,084,033
37, 830,174

18, 699,032
13,778,483
37,176, 586

28,483,065

1935
1931
1930

9, 036, 402
5, 867, 798
13, 814, 780

8, 557, 002
6, 362,103
13, 043,491

11,537,504

1935
1931
1930

11,892,32]
8, 595, 294
21, 892,105

11, 754, 538
10, 726, 330
19, 896, 356

1935
1931
1930

23, 642,993
19,955,370
62,145,315

27,750, 285
25, 288, 710
55,802, 536

1935
1931
1930

14, 752,185
7, 088, 582
17,186, 426

15,189, 671
7, 737, 719
15, 537,050

14, 707, 245

1935
1931
1930

15,
12, 048, 266
20, 760,106

15,365,045
13, 759, 856
22, 023, 810

14, 605, 936

16,839, 012

0)

8, 219,818

0)

1, 860, 020

0.)

8,693, 521
337,184

0)

1,505,987

11, 326, 758

427,780

18,729,205

1,167,151

25,453,849

2, 296,436

(0

0)

0)

0)

42,030,211 13, 772, 325

0)

14, 059,774

0)

18,862,307

482, 426

0)

1, 477, 276
759,109

0)

3,161, 503

147, 825, 552 137,990, 418 123, 432, 843 14, 557, 575
75, 572, 447 98,129, 434
0)
0)
205, 657,133 190, 535, 716 133,054,559
57, 481,157
9,
612,
533
533,968
9,078,565
10, 273, 380
3,194, 742
3, 022,007
(J)
0)
6,522,061
6,164,198
4, 773, 617 1, 748, 444

Tractors .

1935
1931
1930

Engines 2 .

1935
1931
1930

Farm wagons and trucks.

1935
1931
1930

5, 888, 111
1,884,003
4, 692,640

5, 806, 242
1, 810, 790
4, 594,760

4,514,512

1935
1931
1930

58, 914,124
57, 410, 940
90, 772, 221

58,486, 628
57, 305, 292
91, 972,072

85,106,091

Miscellaneous farm machines and equipment.

For export

5, 777, 726

0)
56, 200,852

0)

28, 516

0)

80, 248
2, 285, 776

0)

6,865,981

1
Not called for separately on schedule.
2 Statistics for 1935 include data for engines up to 100 horsepower, whereas those
for
1931 and 1930 include data only for engines up to 20 horsepower.
i Estimates for years subsequent to the census are from the Research Department,
Equipment Institute.
Source: Bureau of the Census, U. S. Department of Commerce.
DigitizedFarm
for FRASER

69511—36
3


18

SURVEY OF CURRENT BUSINESS

Aside from the marked increase in the value of tractor
production, the largest relative increases from 1931
to 1935 were in haying machinery, plows and listers,
and farm wagons and trucks. The increase in harvesting machinery, between the two periods, was relatively smaller than that for other major types of
equipment.
Improvement in Export Trade Lagging.

Exports of farm equipment and related products
fell precipitously from 1929 to 1932 and, while there
has been some recovery during the past 3 years, it has
MILLIONS
160

PERCENT
80

OF DOLLARS

70

14-0
'

\
\

120

60
I

S fl

ra/ej —*-/

100

50
.*'

\

80

\
\

t

\
60

30

s

_ ^

40

'

^ —

20
~—A

Sea/ey)

^—

\

20

0

0
1919

'20

'21

'zz

'•23

'Z4

\'Z5

'26

'27

'26

'30

'31

'32

'33

'3+

'35
OD-

S7/2

6^

Figure 3.—Exports of Farms Equipment and Related Products and the
Percentage of the Production of these Products Exported (Bureau of
Foreign and Domestic Commerce, U. S. Department of Commerce)
NOTE.—A census of production of farm equipment and related products was not
taken for the years 1932 to 1934; the totals used for computing the percentage of the
products exported for these years .are unofficial estimates. See figure 2 for production data.

not been so marked as the gains in domestic sales.
During the period 1924 to 1931, inclusive, the proportion of the total domestic production exported
exceeded 20 percent. In 1931, when the ratio was
highest, the percentage was 27. Although official
production figures are not available for 1932, 1933, and
1934, only about 10 percent of the estimated production was exported, or approximately the same as the
figure revealed by the official data for 1935. Figure
3 shows the value of exports for the period 1919 to
1935, inclusive, together with the ratio of exports to
production for all these years, except 1919.




June 1936

The rapidly expanding trade during the 1920's was
largely the result of the demand in certain foreign
countries for power-farming equipment. In Canada,
Argentina, South Africa, and Australia, a large market
for tractors, combines, and other power-farming implements was developed. An additional factor in this
expanding trade was the inability of certain major
farm equipment producing countries to compete on
favorable terms with United States manufacturers in
agricultural areas while the domestic manufacturing
industries in these countries were being rehabilitated.
During recent years of more restricted markets,
manufacturers in these countries have offered more
aggressive competition to American sales organizations.
Furthermore, sales were restricted by the many foreign
trade barriers, such as high tariffs, exchange controls,
import restrictions, and other artificial impediments
to the flow of trade.
Were it not for unusually large purchases by the
Union of Soviet Socialist Republics in 1930 and 1931,
the foreign trade statistics would make a much less
favorable showing during the early years of the depression. In these 2 years, exports to the Union of
Soviet Socialist Republics amounted to $79,790,000,
or 46 percent of the total exports. Sales to this area
have been reduced to relatively small proportions
since 1931, owing to the rapid development of the
Soviet farm equipment manufacturing industry.
The reciprocal trade agreement program may alleviate some of the adverse influences operating to restrict
trade. The agreement with Canada, effective January
1,1936, removed all tariff duties on tractors and lowered
the duty on other farm machinery. This market has
always been the leading foreign purchaser of American
farm equipment. The agricultural situation and general business outlook in Australia and South Africa
have improved during the past year with a resultant
gain in exports to those countries. Better agricultural
conditions in Argentina have stimulated sales to some
extent in that major market.
Exports for the first quarter of 1936 were valued at
$8,913,374, an increase of 36 percent over those of the
corresponding quarter of 1935. While the largest
total for this period since 1931, it was much smaller
than in the earlier period.

19

SURVEY OF CURRENT BUSINESS

June 1936

COMMERCIAL STOCKS OF GRAIN l
[Thousands of bushels]
Month

1927

1928

1929

1930

1931

1932

1933

1934

1935

1936

Stocks of Domestic Barley in the United States
January
February. _.
March
April
May
June
July
August
September..
October
November..
December. _

6,664
6,116
5,339
3,675
3,046
2,720
3,108
5,041
6,549
5,957
5,769
4,825

Monthly average.

4,901

14, 587
17, 975
19, 330
20, 647
19,958
18, 291

17, 236
16,123
14,535
13,010
11,322
10, 633
10,027
13,264
17,744
17, 531
19,164
18, 290

16,406
14,255
11,757
9,621
8,100
6,102
5,234
8,635
13, 918
18, 436
18, 245
18, 088

6,097

14, 709

14,907

12,400

10, 681
11,067
11, 744
10, 926

11, 985
11, 399
9,998
8,323
7,373
6,861
8,803
12,894
12, 563
12, 721
11, 760
12, 074

10, 961
10,415
9,726
8,137
6,843
6,366
6,746
10,945
15,856
15,018
14,637
13,987

14, 261
12, 279
10,159
7,319
6,232
6,716
6,568
7,093
7,211
7,355
7,124
6,164

5,710
5,185
4,179
3,732
3,005
2,793
3,440
6,651
8,976
9,380
9,862
10, 245

6,626

10, 563

10, 803

8,207

4,423
4,273
4,588
3,890
2,410
2,801
3,395
9,318

10, 516
10,162
9,848
9,599
12,181
13,417

16,971
15, 280
14,407
12,913

Stocks of Domestic Corn in the United States
January
February.
March
April
May
June
July
August
September
October

-

._-_._..
- - -. -.-

November
December

M o n t h l y average

--

40,670
47, 515
49,759
39,010
31, 224
36, 268
31, 782
23,324
24, 913
21, 661
20, 254
28, 741

30, 717
44,786
48, 273
36, 835
27, 497
17, 650
12,304
9,768
6,894
2,032
6, 353
18, 565

28, 797
36,927
37, 744
31, 680
15, 951
13, 740
9,076
6,340
4,421
3, 639
2,982
8,228

16, 079
24,944
25, 671
21,073
11,463
7,049
3,421
4,220
4,710
4, 550
7, 332
17,190

17, 383
20,127
22,174
19, 697
12,337
7,279
8,363
9,066
5,586
7,341
9,803
12, 664

14,176
18, 528
22, 693
22, 032
20, 708
16,117
11,144
14, 739
18, 705
27,973
26, 537
30,633

33, 648
34,914
36,151
31,958
38, 780
48,618
63,274
57, 764
59, 791
61, 355
65,053
70, 540

68, 946
69, 424
66, 314
57, 343
46, 257
38, 312
39, 604
61, 373
63,803
58,482
50,166
43, 752

34, 497
28,002
21, 352
15, 205
10, 642
7,491
5,637
5,655
3,421
2, 060
4,466
8,158

32, 927

21, 806

16, 627

12, 309

12, 652

20, 332

50,154

55, 315

12, 216

6,659
5,116
7,866
7,650

Stocks of Domestic Oats in the United States
January
February
March
April
May
June
July
August
September
October
November
December

47,421
45,105
38, 481
30,513
22, 553
17, 686
11,886
23, 224
26, 513
25, 682
24,784
23,815

20,006
21,127
16,803
11,667
7,171
3, 338
1, 939
15, 992
17, 561
16, 900
15, 399
17, 314

16, 219
16,801
14,003
12, 268
10, 591
8,592
8, 668
24, 318
28, 597
32, 762
30,064
29, 568

26,097
22, 937
19, 484
16,519
13, 247
11,028
9,102
25, 844
32, 904
33, 265
30, 504
30, 896

26, 770
23,029
19,055
13,930
9,681
8,042
8,021
15,013
17, 372
18,180
18,161
16,810

17,096
17, 938
15, 796
13, 621
11,272
10, 657
12, 627
27, 273
28, 895
29,084
27, 484
26, 443

26,116
25, 946
24,195
21,878
23,959
28, 430
35, 589
46,193
50, 846
49,870
48, 755
47, 229

45,177
42,399
38,190
33,013
26,237
23, 369
21,824
26, 344
26, 271
24, 245
23, 570
23, 384

22, 332
19, 729
15,656
12,093
11, 003
8,838
7,525
25, 602
41, 215
45, 701
45, 320
43,513

M o n t h l y average

28,139

13,768

19, 371

22, 652

16,172

19, 849

35, 751

29, 502

24,877

41,893
40, 766
39, 018
35, 500

Stocks of Domestic Wheat in the United States
January
February.-March
April
May
June
July
August
September,
October
November..
December. _

56,304
56, 262
49, 910
37, 667
27, 833
21,052
33,677
62,042
78,811
89,684
91, 589
88, 581

79,152
72,858
68, 791
61, 957
48, 286
38, 587
52, 421
93, 870
115,469
139, 493
140,172
144, 351

129, 646
126, 377
124, 756
115, 602
96,059
90,442
136,423
186,847
198,211
202, 461
189,926
185,151

168, 346
160,674
153,122
135,471
120,303
109, 327
161, 897
201,319
223, 826
211, 381
206, 618
199,649

202, 694
208, 651
214,242
206, 490
209,110
203,491
235, 727
261, 742
256,327
244, 043
236, 616
226, 874

217,719
216, 282
207, 215
186, 549
174,118
168,405
175,918
188,342
194, 858
191,829
176, 428
168, 465

158,031
148, 242
135, 552
124, 395
117, 536
123, 712
134, 946
151,738
156,652
153, 262
142,187
132,511

116,472
107, 233
97,132
88, 821
78,967
80, 548
112,551
122,380
120,075
108,518
99,158
90,937

75, 274
61, 751
51, 882
41,958
30,775
21,951
34, 739
62, 495
79,703
84, 326
81,173
78,444

Monthly average.

57, 784

87, 951

148, 492

170, 994

225, 501

188, 844

139,897

101, 899

58, 706

70, 251
59, 922
51,945
40, 698

Stocks of Canadian Wheat in Canada
January
February
March
April
May
June
July
August
September
October
November
December
Monthly average

107, 835
110,602
102, 223
67, 856
51, 744
38, 974
36, 524
21, 706
28, 909
61,831
92,487
122, 678

136,938
139,028
131,334
121,195
98, 041
82, 781
51,882
26, 964
85,804
140, 441
149,054
179, 805

176,196
169,379
164, 429
133, 397
115,126
94,939
82, 766
81,348
145, 739
188,009
187, 784
191,139

184,834
178,689
170, 688
157,912
128, 020
110, 202
86,463
84, 287
140,943
167, 287
177, 000
185,017

175, 741
172, 699
169,407
153,088
126, 601
107,861
105,193
96,449
119,117
152, 863
169, 088
172, 631

173, 593
171,191
172, 281
159, 982
138,616
134,040
116, 767
110,818
187, 252
225, 519
221,997
223, 816

219,866
215, 785
219, 537
217,309
196, 382
194, 776
189, 926
194,168
221, 762
242,073
228, 561
227, 649

223, 888
220, 524
218, 368
205,796
195,084
179,438
177,713
174,123
214,357
236, 325
230,911
230, 531

221, 831
219, 318
215,031
202, 336
192,175
187,905
186,788
176, 319
213,690
238,700
232, 977
226,479

70, 281

111,939

144,188

147, 612

143,395

169, 656

213,983

208, 922

209,462

215,
199,
192,
172,

226
734
233
753

i Compiled by the U. S. Department of Agriculture, Bureau of Agricultural Economics. The series shown above, with the exception of Canadian wheat in Canada,
includes domestic grain in storage in public and private elevators in 41 markets and grain afloat in vessels or barges in harbors of lake or seaboard ports. They do not
include grain in transit either by train or water, stocks in mills or mill elevators attached to mills, or private stocks of grain intended for local use. Stocks of Canadian
tion to show the above data only to represent stocks of grain, in the 1936 Supplement to the Survey of Current Business.



20

SURVEY OF CURRENT BUSINESS
MANUFACTURED GAS
Customers

Year and Month

Total

Domestic

Sales to consumers

House
heating

Industrial
and
commercial

Domestic

Total

House
heating

Revenue from sales to consumers

Industrial
and
commercial

Domestic

Total

Industrial
and
commercial

House
heating

Thousands of dollars

Millions of cubic feet

Thousands

1929 m o n t h l y average.
1930 m o n t h l y average.

June 1936

l

10,113
10, 289

9,638
9,786

32
43

436
453

32, 878
33, 009

23, 038
23,143

1,177
1,515

8,483
8,160

36, 323
36, 504

27,8;
27,918 i

995
1,252

7, 334
7,177

10, 290
10, 241
10, 266
10, 255
10, 320
10,272
10, 298
10,299
19, 344
10,330
10, 242
10, 207

9,773
9,714
9,744
9,734
9,784
9,730
9,770
9,773
9,814
9,796
9,705
9,666

54
53
51
51
51
49
44
42
43
51
56
58

456
467
464
464
479
488
477
478
480
476
474
476

37,158
34,622
34, 084
34,315
33, 277
31, 433
27, 821
26,476
29, 204
31,356
31, 740
32, 778

24,958
22, 898
22, 668
23,471
23,664
23,125
20, 628
19, 582
22, 022
23, 523
22, 765
22, 677

3,715
3,396
2,941
2,347
1,415
596
213
155
195
622
1,527
2,554

8,269
8,142
8,278
8,314
8,043
7,572
6,856
6,612
6,838
7,037
7,264
7,345

40, 116
37, 598
36, 958
37,470
36, 745
35, 422
31, 965
30, 556
33, 544
35, 422
35, 251
35, 720

29, 613
27, 518
27,121
28, 081
28, 360
28, 084
25, 510
24, 352
27, 076
28, 495
27,423
27,106

2,918
2,679
2, 356
1,927
1, 181
505
200
154
190
549
1,211
1,963

7,441
7,272
7,320
7,304
7,078
6,715
6, 151
5,950
6,159
6, 256
6,457
6, 514

10, 280

9,750

50

473

32, 022

22, 665

1,640

7,548

35, 564

27,395

1,319

6,718

10,113
10, 094
10, 064
10, 080
10,043
10, 004
9,938
9,888
9,882
9,852
9,786
9,729

9,615
9,592
9,562
9,578
9,544
9,510
9,453
9,404
9,399
9,359
9,290
9,231

57
57
57
56
55
50
43
45
46
56
59
60

434
437
437
437
435
436
434
431
429
429
429
429

33, 034
31, 449
33,069
32, 330
30, 111
28, 456
25,814
23, 948
26, 393
28, 526
28,688
30, 357

23,132
21,487
22, 724
22, 879
22, 522
22, 024
20,132
18, 567
20,805
21, 970
20, 698
21,134

2,908
2,972
3,212
2,589
1,306
465
208
158
198
708
1,812
2,904

6,763
6,777
6,922
6,676
6,111
5,814
5,336
5,076
5,228
5,648
5,966
6,090

37,108
35, 252
36, 825
36, 422
34, 647
33, 397
30, 654
28, 718
31,299
33,034
32, 429
33,558

28, 414
26, 503
27.778
28, 054
27, 691
27, 420
25,334
23,646
26,053
27,062
25,436
25,697

2,255
2,296
2,460
1,981
1, 043
392
196
151
186
586
1, 355
2,064

6,288
6,308
6,437
6,247
5,780
5, 461
5,015
4,812
4,941
5, 252
5, 496
5,645

9, 956

9,461

54

433

29, 348

21,506

1,620

6,034

33,612

26,590

1,247 i

1931
January
February
March
April
May
June...
July...
August
September
October
November
December

--.-.

.-

Monthly average _
1932
January
February...
March
April__
May
June
July
August
September..
October
November.
December_.
Monthly average.
1933
January
February
March
April
May
June
July
August.
September
October.
November
December

5, 640

I

----

!
.

Monthly average.

9,599
9,566
9,576
9,581
9,553
9,618
9,613
9,636
9,692
9,708
9, 683
9, 680

9,107
9,077
9,087
9,092
9,067
9,134
9,136
9,157
9,208
9,205
9,169
9,161

59
59
59
59
56
50
43
43
48
68
78
80

424
421
422
421
422
423
426
428
427
428
428
430

30,643
29, 206
29,373
28, 839
28, 271
26,867
24, 394
23,826
25, 798
27, 669
28,805
30, 476

21,376
20,038
20,457
20,469
20, 707
20,212
18,165
17, 621
19, 592
20,613
19,873
20,176

3,035
3,001
2,897
2,271
1,268
432
208
179
247
822
2,440
3,586 i

6,030
5, 980
5,820
5,936
6,146
6,088
5,895
5,900
5,820
6, 052
6, 296
6,516

33, 698
32,171
32, 320
31,911
31,575
30,645
28,001
27, 442
29, 676
31, 203
31,352
32,357

25,855
24, 437
24,759
24, 868
25,188
25, 006
22, 780
22, 250
24,400
25, 323
24, 231
24,428

2.133
2,119
2,037
1,643
938
356 I
191
169 I
221
615
1.616
2,300

5, 566
5,478
5,371
5,270
5, 308
5,169
4,931
4.924

9,625

9,133

58

425

27, 847

19, 942

1,699

6, 040

31,029

24.460

1,195

5, 247

9,150
9,183
9,157
9,198
9,281
9,303
9,309
9,337
9,386
9,381
9,338
9,311

95
105
114
117

433
429
435
433
431
432
433
434
433
435
435
437

31, 827
32,105
32, 522
30, 645
29,186
27. 623
24, 495
23, 870
20, 684
28, 283
29,117
31,097

20,789
20, 579
20,843
19,654
19,741
19, 649
17,365
16,873
19, 541
20,149
18,750
18,896

4,160
4,137
3,937
3, 261
1,962
714
378
332
441
1,168
3,268
4,794

fi, 670
7,191
7, 552
7, 561
7, 334
7,124
6,586
6,538
6,545
6, 790
6, 917
7,199

33,661
33, 324
33,586
32, 049
31,637
30.700
27.701
27, 064
30,138
31. 375
31,337
32, 274

25,068
24,451
2% 722
24,057
24,660
24, 645
22, 258
21,712
24,518
24, 966
23,764
23, 601

2,825 |
2,930 |
2,779 i
2,094!
1,267 i
534
298
267
395
895
1,906
2,886

5,625
5,803
5, 948
5, 757
5, 592
5, 421
5, 046
4,980
5,118
5,388
5. 540
5, 652

9,817

9,278

96

433

28,954

19, 402

2,379 |

7,000

31,237

24.035

1, 590

5, 489

9,817
9,830
9,841
9,869
9,936
9,949
9,948
9,956
10,023
10,033
9,994
10,005

9,253
9, 268
9, 279
9,303
9,369
9,389
9,394
9,407
9,473
9,467
9,421
9,425

119
122
114
117
120
115
106
104
106
121
128
131

43.'
430
435
437
435
434
43(
432
435
434
43'
43!

33, 615
32, 899
31,065
30, 943
30, 304
28, 897
25, 723
24.479
27, 492
29,897
30,164
33.480

19,916
19,477
19, 034
18, 742
19,166
19, 764
17,601
16,673
19,189
20,008
18,"43
18, 679

5, 755
5, 422
4,160
3, 789
3,027
1,271
550
387
550
1, 571
3,223
5, 716

7,731
7,806
7,682
8,233
7,944
7,720
7,396
7,288
7, 600
8,134
8,206
8,861

33, 801
32, 877
31,641
31,370
31,834
31,189
28, 313
27,137
30,140
31, 753
31,308
33,013

24, 044
23,150
22, 805
22, 953
24,275
24,669
22, 575
21,539
24,140
24,697
23,416
23,336

3,726
3,709
2,927
2,417
1,695
894
419
313
475
1,150
1.849
3,291

5, 887
5,884
5,772
5, 857
5, 736
5,524
5, 216
5,175
5,415
5,782
5,912
6,244

9,933

9,370

29,913

18,899 I

2,952

7, 883

31,198

23, 467

1,905

5,700

4, m
5,138
5, 374
5, 494

1934
January
February...
March
April
May
June
July
August
September-.
October
November..
December..
M o n t h l y average.

|
I
j
I

1935
January
February...
March
April
May
June.
July
August
September..
October
November..
December..
Monthly average.

i Compiled by the American Gas Association and represent a revision of the data that appeared in original form on p . 144 of the 1932 annual supplement and in revised
form on p . 19 of the M a y 1933, p. 20 of M a y 1934, and p. 19 of the May 1935 issues, as well as data shown in subsequent monthly issues until April 1936, wherein
statistics for the month of December 1935 were last shown. The revisions for 1934 and earlier years resulted from the reclassiflcation of manufactured and natural-gas companies according to the kind of gas they were distributing in 1934. For example, former distributors of manufactured gas who changed to the distribution of natural gas in
1934 have been excluded from the figures for manufactured gas for all prior years. If it is found that further changes occurred in the classification of companies between
1934 and 1935, the figures will be again revised according to the 1935 classification. Data for 1935 cover only companies distributing manufactured gas; however, the figures
as here shown include some revisions which were not available wThen they were originally published in previous monthly issues of the SURVEY. The natural-gas series in
revised form for the period 1929-35 will appear in the July 1936 SURVEY. For 1936 monthly data refer to p. 41 of this issue.




SURVEY OF CUERENT BUSINESS

June 1936

21

WEEKLY BUSINESS INDICATORS *
[Weekly average, 1923-25=100]
1936

1935

May May May May May
30
23
16
9
Business activity:
New York Times*
Business week*1
Commodity price, wholesale:
Dept. of Labor, 1926=100:
Combined index (784)
Farm products (67)
Food (122)
.
P
All other (595)
Fisher's Index, 1926=100:
Combined index (120)
Copper, electrolytic}
Cotton, middling, spot

99.4 100,3
74.2 74.2

81.2 80.5 81.0 81.6 82.2 82.3 82.7
67.4 67.4 67.4 67.4 67.4 63.8 63.8
43.4 43.0 43.0 43.0 42.6 41.5 45.6
50.1 50.1 52.5 30.2 33.1
71.1 69.7 70.0 59.0 62.4
105.4
105. L02.4
44.2

42.8 50.6 42.0

1936

June May
2
26

May May May May May
30
23 16
9
2

Finance—Continued.
Banking:
Debits, outside N . Y. C . t - Federal Reserve reporting
member banks:
73.9 73.7
Loans, total
60. 60.1
Interest rates:
67.7 67.4
Call loansX
79.0 79.0
Time loanst
Money in circulation:}:
75.8 75.5
Production:
60.1 60. 1
Automobiles
„
43.4 42.3
Bituminous coalj
Cotton, consumption
Electric powerf
_,__
28.4
Lumber
60.5 65.3
Petroleum
100.5
Steel ingots..
Receipts, primary markets:
Cattle and calves
53.1 55.3
Hogs
.__
_.*
Cotton
...
_
105. 0 105.0 i
Wheat
84.4 j 84.6

82.3 81.6 85.2 84.7
63.7 63.9 65.' 66.8

78.2 78.1 78.6 79.1 80.2
75.0 74.4 76.1 77.1 80.7 81.5
77.5 77.4 78.0 79.1 84.4 84.3
78.7
78.9 78.9 77.8

Construction contractst
Distribution: Carloadings
Employment: Detroit, factory Finance:
Failures, commercial
Security prices:
Bond pricest
Stock pricest

72.4

1934

8.2 54.3 56.3

114.2 113. 9! 113. 6 113.3 112. 106. 3 106.3
92.! 94.5
124. 4il22.2 ; 121.9| 120. 5
* Computed normal = 100.
• Data do not cover calendar weeks in all cases.

80.2 87.8

82.0

1935

95.'

63.9

85. 0j 73.5

66.8 66.9 67.3

66.4

1934
June M a y
26

66.8

68.0

64.5

24.2 18.2 18.2 6.1 6.1 24.2 24.2
28.6 28.6 22.
22.9 5.7 5.7 22. 22.9
122.1 121.7 121.7 122.0 121.1 113.5 113.2 110. 2 109.9
142. 0 143. 9 153.6 155.7 155.7 86.1 132.0 71. 0 100. 0
66. 6 66.1 67,1 67.0 75.2 62.5 63.6 60.7

108.4 108.4 106.5 85.9 85.4 91.9 94.6
29.5 31.9
117.8 119.7

104.

115.4 117.3 117.8 116.9 115.8 97.8i 101.8 94.6 99.3

57.4 54.4 52.7 51.5 30.7 28.7
141. 3 144.4 144.4 142.2 140.5 123.71 125.1
90. i 92.1 55.3 56.6
90.8 90.!
67.4 58.8 73.7 72.3 65.5 72.3
34.7 38.4 41.7 41.5 29.5 31.0
30. C 34.6 38.1 25.8 20.0 16.9 33.5
39.7 27.8 27.0 27.9 34.3 22.5

77.6

76.3

83. 90.0
83.3 84.0
26.5 25.0
37.5 39.7

t Weekly average, 1928-30=100.

X Daily average.

WEEKLY BUSINESS STATISTICS •
1936
May 30
C O M M O D I T Y PRICES, WHOLESALE
Copper, electrolytic, New York____
dol. per lb._
Cotton, middling, spot, New York
dol. perlb_.
Food index (Bradstr eel's)
dol. per lb_.
Iron and steel, composite
dol. per t o n . .
Wheat, No. 2, hard winter (K. C.)
dol. per b u . .
FINANCE
Banking:
Debits, New York City
mills, of doL.
Debits, outside of New York City..mills, of doL.
Federal Reserve banks:
Reserve bank credit, total
mills, of dol_.
Bills bought
.mills, of doL.
Bills discounted
mills, of dol..
U. S. Government securities
mills, of doL.
Member bank reserve balances
mills, of dol..
Excess reserves, estimated
mills, of doL.
Federal Reserve reporting member banks:
Deposits, net demand, adjusted., .mills, of doL.
Deposits, time
.
mills, of doL.
Investments, total
mills, of doL.
U. S. Government direct obligations
mills, of doL.
Obligations fully guaranteed by TJ. S. Government
mills, of dol..
Loans, total
mills, of dol..
On securities
mills, of dol..
All other
mills, of dol...
Interest rates, call loans
.
percent..
Interest rates, time loans
...percent..
Exchange rates:
French franc (daily av.)
cants..
Pound sterling (daily av.)
dollars..
Failures, commercialt
.. .number..
Money in circulation
mills, of doL.
Security markets:
Bond sales (N. Y. S. E.) -thous. of dol. par value..
Bond prices, 40 corporate issues
dollars..
Stock sales (AT. r Y. S. E.)
thous. of shares..
Stock prices (A . Y. Times)
dol. per share..
Stock prices (Standard Statistics) (421)..1926=100..
Industrial (351)
1926-100 .
Public utilities (37)
1926=100 .
Railroad (33)
1926=100..
P R O D U C T I O N , CONSTRUCTION, A N D
DISTRIBUTION
Production:
Automobiles (Cram's estimate)
number.
Bituminous coal (daily a v . ) . thous. of short tons..
Electric power
mills, of kw. hr_
Petroleum
thous. of b b l .
Steel ingots (Dow-Jones' est.)
pet. of capacity.
Construction-contract awards (da. av.).th. of dol.
Distribution:
Freight-car loadings, total
cars.
Coal and coke
cars.
Forest products
cars.
Grain and products
cars.
Livestock
cars.
Merchandise, 1. c. 1
cars.
Ore.
cars.
Miscellaneous
___
cars.
Receipts:
Cattle and calves
thousands.
Hogs
.
thousands.
Cotton into sight
thous. of bales.
Wheat at primary markets
thous. of bu.
v Preliminary.

0.093
.118

May 23

May 16

193o

May 9

May 2

1934

Apr. 25

June 1

May 25

June 2

1933

M a y 26

June 3

32.83
.91

0.093
.117
2.52
32. 87
.94

0.093
.117
2.54
32. 94
.93

0.093
.117
2.58
32.96

0.093
.116
2.60
33.00
1.01

0.093
.118
2.59
33.08
1.06

0.088
.113
2.60
32.43
.94

0.088
.124
2.61
32.41
1.00

0. 083
.118
2. 11
34. 81

0. 083
.115
2.11
32.89
.80

0.071
. 093
1.87
28. 46
.69

3,134
3,721

3,389
4,072

3, 515
3, 804

5,326
4,445

3,803
3,941

3,024
3,410

3,139
3,572

2,995
2,327

2,470
5
5
2,430
5,694
2,860

2,469
2. 430
5,611
2,774

2,478
5
5
2, 430
5, 532
2,097

2,472
5
5
2,430
5,506
2,686

2,467
5
8
2,430
4,827
2, 322

2, 469
5
34
2, 430
l', 693

2,218
20
302
1,890
2, 167
339

14, 562
5,028
13, 515

14, 390
5,043
13, 446

14, 272
5, 056
13, 462

14, 260
5, 076
13,485

14, 258
5, 047
13, 452

14,187
4,985
13,451

12, 556
4, 935
11,676

2, 459
5
7
2,430
4,821
2,328
12, 501
4,966
11,716

2, 415
2, 551
2,470
5
34
2, 430
3, 763
1, 680

2,908
3,100

2,466
4
5
2, 430
5,747
2,901

4, 092
4, 038
2, 475
5
5
2,430
5,442
2,635

13,068
4, 941
9,825

12, 958
4, 947
9,803

11,257
4, 654
8,232

8,920

8,868

8,872

8,847

8,802

8,805

7,778

7,844

6,654

6,665

5,146

1,290
8, 299
3,224
5,075
1.00
1.25

1, 285
8, 353
3, 256
5,097
1.00
1.25

1, 289
8, 358
3,257
5, 101
1.00
1.25

1,278
4,412
3,315
5, 097
.75
1.00

1, 281
8, 343
3, 304
5,039
. 75
1.00

1,277
8,332
3,282
5,050
.75
1.00

791
8, 111
3,156
4,955
.25
.25

801
8,059
3,143
4, 916
.25
.25

8,513
3,650
4, 863
1.00
1.00

8,494
3,643
4,851
1.00
1.00

8, 952
3, 876
5,076
1.00
1.00

6,583
4.99
180
5, 92!)

6.584
4.97
174
5, 909

6.594
4.97
206
5,911

6.583
4.97
171
5,923

6.584
4.94
196
5,881

6. 586
4.94
193
5,874

6. 587
4.94
221
5,512

6. 585
4.92
229
5,498

6.587
5.07
216
5,350

6.610
5.10
225
5, 335

4. 667
3.99
378
5,814

51, 810
102. 26
4,561
120.81
103.7
118. 5
99.4
47.0

45, 180
102. 00
4, 376
118. 69
101.0
116.2
95.3
45.1

43. 870
101. 70
4,611
118. 36
100.7
116. 2
93.2
44.6

48, 030
101. 49
5, 503
117.00
102.0
117.7
94.2
45.5

52, 030
101.07
10, 195
115. 54
97.7
112.7
91.2
42.8

52, 360
101. 67
8, 995
119.62
106. 3
122. 3
99. 4
47.5

45,910
95.18
6, 425
90. 15
73.3
85.0
67.6
31.2

58, 570
95.20
6, 220
91.76
75.6
89.1
64.7
31.4

44, 200
94. 02
2,469
81.96
71.8
79.6
70.2
43.1

53, 900
94.03
3. 184
82. 17
70.4
77.9
69.0
42.2

69, 300
83.71
28, 249
83.19
68.7
71.6
84.8
41.5

108, 346

109, 821
1, 135
1,955
3,007

117,156
1,126
1, 962
3.008
69
8,046

118, 786
1, 143
1,948
2,962
69

118,764
1,141
1, 929
2, 926
70
8,423

120,519
1,186
1, 933
2, 933
71
11, 086

65, 675
1, 280
1,629
2,576
42
4, 845

100,705 j 54,185
1,065
1, 056
1,576
1, 696
2, 605
2,453
43
59
5,310

76,281
1, 030
1, 655
2, 493
58
4, 560

46,6P9
916
1, 461
2,678
45

683, 406
114,330
33, 414
31, 365
11,153
162,096
46, 729
284, 319

681, 447
114,683
33,126
30, 557
11,672
162, 269
46, 559
282, 581

668, 935
118,464
31, 867
31,173
13,142
162,769
31.199
280, 321

671,154
127, 222
32,164
32, 666
15,181
162,600
17, 629
283, 692

666,181
131,614
32, 205
33,105
14, 032
161,006
11,098
283,121

565, 342
122, 9S1
24, 640
23, 234
11,103
138, 963
30, 064
214, 354

598, 396
118, 756
24,081
25,812
11,341
157, 234
31, 284
229,888

579, 656
108, 668
24, 442
27,151
15, 756
143, 589
30,319
229, 731

625, 990
117,031
26,011
28, 253
16, 313
164. 169
29, 826
244, 387

512, 974
84,800
23,069
34, 305
15,144
148,386
9,001
198, 269

213
225
90
3. 159

186
249
99
2 209

233
270
67
2, 148

228
270

234
275
97
1,958

207
191
44
2,727

228
201
87
1,789

265
540
69
2,986

1,922
2,944
69

78
2, 848

2, 218

• Data do not cover calendar weeks in all cases.

t Figures on commercial failures for 1935 exclude certain types previously reported. See revised data on p . 20 of the M a y 1935 Survey.

yearly total by 3.8 percent and the 1934 yearly total by 3.1 percent.


284 j
545 !
3. 156

190
502
121
5,107

The revision reduced the 1935

22

SURVEY OF CURRENT BUSINESS

June 1936

Monthly Business Statistics
The following summary shows the trend of industrial, commercial, and financial statistics for the past 13
months. Statistics through December 1931 for all series except those marked with an asterisk (*) will be
found in the 1932 Annual Supplement to the Survey of Current Business, together with an explanation of the
sources and basis of thefiguresquoted. Series so marked represent additions since the Annual was issued and
similar information, if published, will be found in the places noted at the bottom of each page. Note, however, that many revisions have occurred since the last Annual Supplement was published. A special supplement was included in the April 1935 issue, pages 57 to 72, inclusive. This supplement gave the
monthly averages of all current series for the years 1933,1933, and 1934.
The terms "unadjusted" and "adjusted" used to designate index numbers [refer to the adjustment for
seasonal variation.
Data subsequent to April will be found in the Weekly Supplement to the Survey.
Monthly statistics through December 1931,
together with explanatory footnotes and references to the sources of the data, may be found
in the 1932 Annual Supplement to the Survey

1936
April

1936

1935
April

May

June

July

1

DecemOctober NovemAugust September
ber
ber

January

February

91.3
« 106.9
135.6
69.8
42.3
101.4
109.7
82.0
68.8
52.9
69.6
124.0
76.0

87 8
0 88.9
« 116.5
70.7
42.7
92.9
110. 1
73.8
60.8
47.8
67.0
117.3
68.1

March

BUSINESS INDEXES
BUSINESS ACTIVITY (Annalist)!
Combined index!
normal = 100 _
Automobile production!
.normal=100_.
Boot and shoe production!—normal = 100..
Carloadings, freight
_ normal = 100..
Cement production.
normal = 100..
Cotton consumption
normal = 100._
Electric power production.__normal = 100_.
Lumber production!
normal=100._
Pig-iron production
normal = 100 _
Silk consumption._
_normal=100._
Steel ingot production!
normal = 100_.
Wool consumption!
normal=100
Zinc production
normal = 100. _

93.9
115.1
70. 3~

99.T
112.6
75.3
72.6
55. 9
85. G
81.7

80.6
98.7
117.1
63.4
47.6
78.9
98.7
61.6
50.9
68.3
58.8
129.7
67.2

79.3
75.8
113.9
61.5
49.4
81.7
99.3
45.8
51.5
66.7
58.6
154.4
65.0

79.5
83.6
103.2
63.1
52.1
74.8
102.2
52.5
49.3
61.8
57.1
125.3
70.5

80.7
83.5
115.1
58.4
45.9
80.7
103.5
64.1
50.0
64.0
58.3
140.0
72.1

82.7
66.1
110.6
60.8
40.4
78.1
105.9
73.9
57.8
64.9
72.9
139.7
70.6

83.6
46.8
114.2
62.5
43.0
87.4
105.1
80.8
61.8
74.5
77.0
125.9
72.1

87.4
79.8
115.2
65.8
45.7
96.4
105.0
77.8
66.5
75.0
77.0
151.9
68.7

90.5
118.9
119.8
66.4
51.8
91.3
107.9
76.0
72.2
61.6
80.9
141.2
70.8

94.9
121.8
148.5
70.5
55.4
102.6
109.5
78.6
76.2
63.3
86.8
133.0
74.3

v 88. 4
« 108. 7
d 115.6
65.6
52.8
95.2
a. 109. 3
77.6
61.2
52. 6
" 70. 2
107. 2
74.1

INDUSTRIAL PRODUCTION (F.R.B.)
97
97
96
Total, unadjusted
1923-25 = 100
89
87
0 95
" 96
86
83
90
87
p 104
96
98
96
Manufactures, unadjusted 1923-25=100..
95
91
87
«85
83
89
"97
87
a
a
125
149
78
126
94
124
Automobiles!
1923-25 = 100
108
134
108
114
100
69
29
58
46
70
59
29
42
29
50
65
57
Cement
1923-25—100
71
63
59
86
82
86
85
86
82
74
92
Food products
.
1923-25 = 100
76
78
73
74
81
1 ()4
192
202
235
193
169
174
201
Glass, plate
1923-25=100
205
169
165
168
181
89
90
83
111
74
85
72
64
Iron and steel!__.
1923-25 = 100..
94
87
66
79
83
104
112
115
109
112
Leather and shoes!
1923-25=100. _
* 105
105
120
106
116
109
107
100
Lumber
1923-25—100
Paper and printing
1923-25=100 .
:::::::::
174
176
170
172
176
168
Petroleum refining
.1923-25=100
153
160
166
167
169
173
99
107
91
89
99
103
96
95
81
97
Rubber tires and tubes
1923-25=100
91
105
35
92
100
107
27
22
64
Shipbuilding
_ . 1923-25=100
88
71
51
138
111
105
102
116
110
103
106
108
Textiles
1923-25=100
100
101
95
97
99
141
140
119
140
132
148
135
Tobacco manufactures
1923-25=100..
127
136
152
143
. 150
139
95
96
99
100
106
Minerals, unadjusted
1923-25=100..
79
88
84
92
97
85
« 89
50
69
P66
62
75
99
Anthracite.. _
. . . 1923-25=100
71
51
65
72
85
36
40
0
v 71
80
82
82
Bituminous coal
1923-25 = 100..
60
50
61
88
51
71
98
57
70
37
105
Iron-ore shipments
1923-25=100..
80
102
119
105
109
70
70
70
63
Lead
1923-25=100..
62
57
56
69*
57"
53
64
60
57
a
143
141
142
Petroleum, crude
.1923-25=100..
132
137
139
142
136
140
145
136
130
73
74
68
Silver
_ .1923-25 = 100
50
62
68
46
99
59
« 100
49
82
78
86
73
75
79
89
76
90
95
75
Zinc
.
_
1923-25=100
82
78
a
98
104
v 100
95
93
Total, adjusted
1923-25=100
98
90
91
86
85
86
86
87
a
a
a
104
98
95
97
91
Manufactures, adjusted
1923-25=100..
91
*99
86
84
84
86
8S
93
a
115
126
94
111
124
Automobiles! .
.1923-25=100
« 105
91
86
71
100
95
109
78
59
59
52
47
Cement
1923-25=100..
71
51
52
49
58
55
47
58
44
82
83
92
90
74
80
74
76
83
87
84
78
78
Food products
1923-25=100
200
269
193
179
225
161
162
Glass, plate
1923-25=100
185
155
169
167
178
96
103
88
100
66
86
83
Iron and steel!
1923-25=100 .
67
66
69
81
°83
83
a
a
109
124
105
104
115
114
109
105
104
105
111
Leather and shoes!
1923-25=100
Lumber
1923 25—100
Paper and printing
1923-25=100
Petroleum refining
1923-25=100
172
153
160
168
166
169
172
176
176
173
168
169
Rubber tires and tubes
1923-25=100 .
79
82
75
83
102
104
116
88
92
133
142
Shipbuilding
1923-25=100
21
129
56
15
64
141
91
48
35
119
179
"138
Textiles
1923-25=100
111
100
102
100
105
106
98
104
106
113
102
105
100
152
Tobacco manufactures
1923-25=100..
134
138
140
129
138
137
147
14S
138
130
148
140
Minerals, adjusted
1923-25=100
* 104
89
92
101
93
98
81
110
103
" 95
87
84
87
Anthracite
1923-25=100
69
62
71
97
36
65
48
1)3
71
48
48
70
Bituminous coal
1923-25=100
69
92
a 70
60
74
71
79
55
58
58
77
80
Iron-ore shipments
1923-25=100
53
50
62
62
44
53
54
Lead
1923-25=100
70
62
58
59
70
55
63
60
59
68
67
63
59
0
f 149
131
134
Petroleum, crude
.
1923-25=100
130
133
135
140
144
146
133
143
116
148
a
Silver
1923-25 = 100
51
75
68
49
47
73
59
71
68
93
°80
90
Zinc
_
.1923-25=100..
91
84
75
73
79
80
82
80
81
84
77
84
85
• Revised.
* Preliminary.
t Revised series, refer to the indicated pages of the monthly issues for revisions; Annalist indexes complete, annually 1920-28, monthly January 1929-December 1932,
October 1933, p. 19; Annalist indexes, combined, automobile and steel-ingot production for 1933, August 1934, p. 22; Annalist indexes, boot-and-shoe production for 1934,
April 1935, p. 22; Annalist indexes, combined, automobile production and wool consumption revised for 1934, July 1935, p. 22; Annalist indexes, lumber production for 1934,
p. 22 of the September 1935 issue; Federal Reserve Board indexes, leather and shoe production January 1919-October 1933, January 1934, p. 19; automobile and steel production for 1933, September 1934, p. 22; leather and shoe roduction, 1935, p. 22, April 1936.




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

23

SURVEY OF CURRENT BUSINESS

June 1936
1936

1935

April

DecemAugust SeptemOctober November
ber
ber

April

May

June

July

1936
January

Febru- March
ary

BUSINESS INDEXES—Continued
MARKETINGS
Agricultural products • (quantity)
1923-25=100. _
Animal products
1923-25=100Dairy products
1923-25=100..
Livestock
1923-25=100Poultry and eggs
1923-25=100—
Wool
1923-25=100Crops
1923-25=100Cotton
—.1923-25=100—
Fruits
._
1923-25=100..
Grains.—
..1923-25=100..
Vegetables
„ .1923-25=100—
Agricultural products, cash income received
from marketings of:*t
Crops and livestock:
Unadjusted
—1924-29=100Ad justed .
...1924-29=100..
Crops, adjusted
1924-29=100—
Livestock and products, adjusted
1924-29=100..

Dairy products, adjusted..1924-29=100..
Meat animals, adjusted—1924-29=100..
Poultry and eggs, adjusted. 1924-29=100. .
STOCKS

Domestic stocks
1923-25=100 .
Manufactured goods
1923-25=100..
Chemicals and allied prod. 1923-25=100..
Food products
1923-25=100..
Forest products
. 1923-25=100
Iron and steel products
1923-25=100Leather
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=100Raw materials
1923-25=100.
Chemicals and allied prod. 1923-25=100. _
Foodstuffs
1923-25=100—
Metals
.1923-25=100..
Textile materials
_
1923-25=100
World stocks—foodstuffs and raw materials:
TotalfA
.1923-25=100..
Coffee—adj. for seasonal...1923-25=100
Cotton—adj. for seasonal-.1923-25=100..
Rubber—adj. for seasonalf. 1923-25=100
Silk—adj. for seasonal
1923-25=100..
Sugar—adj. for seasonalt—1923-25=100 .
Tea—adj. for seasonal
1923-25=100..
Tin—unadjusted .
1923-25=100.
Whofit—qdj. for seasonal _.1923-25 = 100__

65
80
98
64
120
46
50
35
79
43
84

57
75
89
61
111
54
39
19
82
27
90

63
82
116
61
117
130
44
23
89
33
94

61
81
144
52
98
315
40
19
69
31
103

70
86
145
58
81
510
53
32
88
59
68

78
75
109
65
63
256
80
63
85
109
45

106
76
100
72
65
146
135
200
85
107
73

124
82
89
84
69
89
167
280
126
85
103

98
77

72
69
106
83
119
202
66
66
71

78
76
74
68
106
40
79
119
65
49
59

68
74
85
74
70
48
61
72
58
46
74

57
61
85
57
59
35
53
57
65
34
85

67
77
95
65
108
37
56
41
72
51
98

58.0
70.0
61.0

55.5
69.0
66.5

57.0
64.0
57.0

52.0
60.0
54.5

53.5
60.5
54.5

64.5
62.5
54.5

75.5
63.5
55.0

94.0
67.0
58.0

78.0
66.5
57.0

70.5
66.0
55.5

66.0
68.0
56.0

55.0
65.5
56.5

« 59.5
»a 67.0
58.0

79.5
82.5
82.0
73.5

72.0
81.5
67.5
74.0

71.5
77.5
67.5
78.0

66.5
73.0
59.5
77.5

67.0
71.5
61.5
77.5

70.5
71.0
73.0
68.0

72.5
74.0
70.5
77.5

76.5
73.0
79.0
79.0

76.5
75.0
75.0
90.0

76.5
79.5
76.5
80.0

80.5
84.0
84.0
69.0

75.5
85.0
75.0
62.5

« 76. 5
82.0
°75.0
78.0

110
102
128
62
108
110
82
121
65
115
152
100
115
78
93
72

119
101
117
69
114
98
81
151
60
113
157
119
132
87
114
90
195

113
102
116
72
113
101
80
149
62
114
162
121
121
84
99
95
179

110
105
117
83
113
102
79
155
63
114
168
127
114
81
93
101
168

110
107
117
90
114
101
79
159
72
113
170
107
113
78
102
90
155

115
106
114
89
113
105
78
155
70
112
165
103
121
79
120
92
157

127
106
120
87
114
107
79
148
63
114
162
99
141
98
136
96
186

136
104
117
77
114
108
79
136
55
114
154
101
160
115
144
88
225

136
101
118
63
115
109
81
124
47
115
161
103
161
111
141
88
235

133
103
121
66
117
109
79
122
39
115
170
305
154
107
127
86
233

127
104
124
70
114
110
83
119
54
115
166
104
144
98
112
87
225

122
105
132
65
112
122
81
115
61
113
167
104
134
88
103
86
213

223
336
151
363
211
320
162
80
162

219
334
158
356
201
295
155
80
166

213
332
148
375
211
275
151
69
163

205
350
136
391
177
259
147
63
172

209
357
147
384
179
246
139
64
174

212
370
159
369
194
226
136
57
188

213
378
169
355
176
228
133
64
188

215
399
169
328
166
259
129
72
176

« 214
°419

179

206

206

«394

« 400

« 413

177

161

64

170
322
163
248
128
66
186

165
319
184
256
124
64
172

154
318
197
263
123
75
152

« 115
104

• 133
62
109
115
80
119
70
115
156
100

° 123
81
97
84
194

a

161
304
133
77
137

COMMODITY PRICES
COST O P LIVING (N. I. C. B.)
Total, all groups
1923=100—
Clothing.
1923=100—
Food
1923=100Fuel and light
1923=100..
Housing
1923=100-Sundries
.
1923=100-.
F A R M PRICES (Dept. o f Agrl.) §t
Total, all groups
1909-14=100-Chickens and eggs
1909-14=100—
Cotton and cottonseed
1909-14=100
Dairy products
.__ 1909-14=100-_
Fruits.
1909-14=100G rains
1909-14=100-.
Meat animals
1909-14=100-.
Truck crops
1909-14=100-.
Miscellaneous
1909-14=100-.

84.3
73.8
84.3
86.6
75.9
93.7

83.2
75.4
85.4
86.0
68.7
93.0

82.9
75.0
85.1
83.9
69.6
92.5

82.7
74.5
84.2
83.7
69.9
92.7

82.6
74.4
83.3
83.7
70.5
93.1

83.0
74.2
83.7
84.0
71.5
93.1

83.5
74.3
84.8
84.7
72.1
93.1

83.9
74.4
85. 2
86.2
72.7
93.4

84.3
74.5
86.1
86.6
73.0
93.4

74.6
87.2
86.7
73.4
93.4

84.8
74.5
86.9
86.7
73.9
93.4

84.4
74.1
85.7
87.1
74.1
93.5

84. 1
74.0
84.3
87.1
74.7
93.7

105
97
96
114
89
89
125
107
94

111
105
103
117
105
115
117
156
92

108
110
105
107
98
112
118
127
89

104
108
103
99
100
102
119
96
86

102
107
102
97
98
96
116
93
85

106
111
97
98
87
96
129
92
102

107
126
90
102
82
97
131
101
96

109
132
94
104
82
101
125
120
103

108
140
99
111
83
90
117
136
103

110
135
98
118
92
89
120
136
108

109
117
95
120
89
92
122
118
112

109
121
94
123
92
92
125
117
94

104
99
93
118
94
92
122
77
91

RETAIL PRICES
Department of Labor indexes:
162
153
150
158
148
147
158
164
Coal*
1913=10080.5
80.1
79.6
80.2
81.4
81.5
81.7
81.2
81.5
82.0
80.6
79.7
79.5
Food 1
1923-25=100
Fairchild's index:*
87.6
85.7
86.6
85.2
85.7
88.2
86.1
86.3
88.0
88.1
88.1
Combined index.
Dec. 1930=100-.
Apparel:
92.6
92.7
93.4
93.4
92.7
93.2
92.7
93.5
93.5
93.8
92.7
92.8
92.9
Infants' wear.
Dec. 1930=100__
87.2
87.3
87.3
87.3
87.3
87.4
87.2
87.2
87.4
87.3
87.2
87.1
87.1
Men's._-_
-.Dec. 1930=100
89.4
89.4
89.5
89 5
89.5
89.8
88.8
89.1
87.7
87.8
87.9
88.1
88.4
Women's
Dec. 1930=100..
89.2
89.1
89.2
89.2
89.2
88.5
89.0
89.3
88.1
88.2
87.8
87.8
87.7
Home furnishings
Dec. 1930=100
84.7
84.9
84.7
84.5
84.6
84.5
84.9
84.8
84.8
84.6
84.3
84.6
84.8
Piece goods
Dec. 1930=100
« Revised.
* New Series. See pp. 16-19 of the May 1934 issue, cash income for marketings of agricultural products, p. 19 of the December 1932 issue, Fairchild's price index, and
pp. 19 and 20 of the March 1933 issue, quantity marketings.
§ Data for May 15, 1936: Total 103, chickens and eggs 101, cotton and cottonseed 96, dairy products 106, fruits 103, grains 88, meat animals 118, truck crops 105,
miscellaneous 97.
t Index of farm prices has been completely revised. For earlier data see p. 20 of the November 1934 issue. World stocks—revised total, rubber adjusted and sugar
adjusted indexes for January 1927-June 1932, appeared on p. 20 of the September 1932 issue. Cash income for marketings of agricultural products revised from January 1933June 1935. For revisions see p. 19 of the September 1935 issue. World stocks—total revised for period 1920-1935, see p. 20 of the May 1936 issue.
• Monthly retail prices of coal were discontinued with the month of August 1935. Subsequent to that date the price will be shown quarterly.
1 This series has been completely revised. Revised indexes for months not shown in the December 1935 issue will appear in a subsequent issue. Index computed every
2 weeks; monthly index is figure taken nearest the middle of the month: prior to Aug. 15,1933, index computed once a month.
A See footnoote on p. 24 marked, "<?".




24

SURVEY OF CURRENT BUSINESS

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

1935

1936

April

June 1936

April

May

June

July

1936

August SeptemOctober November
ber

D

fST

January

COMMODITY PRICES—Continued
WHOLESALE PRICES
Department of Labor index:
Combined index (784)
.-1926=100.
Economic classes:
Finished products
..1926=100.
Raw materials
1926=100_
Semimanufactures.
1926=100.
Farm products
.
1926=100.
Grains
1926=100.
Livestock and poultry
1926=100.
Foods
1926=100_
Dairy products
1926=100.
Fruits and vegetables
.1926=100.
Meats...
1926=100.
Other products
1926=100.
Building materials
1926 = 100.
Brick and tile
1926=100.
Cement..
1926=100.
Lumber
1926=100.
Chemicals and drugs
..1926=100.
Chemicals
1926=100.
Drugs and Pharmaceuticals
1926=100.
Fertilizer materials
.1926=100.
Fuel and lighting
1926=100.
Electricity..
....1926=100.
Gas
1926=100.
Petroleum products
1926=100.
Hides and leather._.
.1926=100.
Boots and shoes.
1926=100.
Hides and s k i n s . .
1926=100.
Leather
1926=100.
House-furnishing goods
1926=100.
Furniture
1926=100,
Furnishings.
1926=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=100.
Miscellaneous
1926=100.
Auto tires and tubes
1926=100.
Paper and pulp
1926=100.
Other wholesale price indexes:
Bradstreet's (96)
1926=100.
Dun's (300).
1926=100..
World prices foodstuffs and raw materials:* c?
Combined index
1923-25=100..
Coffee
.
1923-25=100..
Cotton
1923-25 = 100.
Rubber
1923-25 = 100..
Silk
1923-25 = 100.
Sugar
1923-25=100.
Tea
.
1923-25=100..
Tin
1923-25=100..
Wheat
1923-25 = 100..
Wholesale'pri ces, actual. (See under respective commodities.)

80.1

80.2

79.8

79.4

80.5

80.7

80.5

80.6

82.3
77.5
72.3
80.4
87.9
85.9
84.5
84.9
67.3
94.3
77.2
84.6
89.7
94.9
79.9
81.0
87.2

82.4
77.6
73.5
80.6
83.2
87.6
84.1
77.7
66. 3
97.0
77.6
84.8
89.3
94.9
79.8
81.2
87.5

82.2
76.4
73.9
78.3
76.9
84.8
82.8
74.6
68.7
94.5
78.0
85.3
89.2
94.9
81.6
80.7
86.3

82.0
75.8
72.8
77.1
78.3
82.8
82.1
74.0
65.1
93.3
78.0
85.2
89.1
94.9
81.7
78.7
84.6

83.0
77.1
73.2
79.3
79.3
91.6
84.9
75.7
60.5
102.0
77.9
85.4
89.0
94.9
82.0
78.6
84.3

83.1
77.3
74.4
79.5
83.5
92.0
86.1
76.0
60.0
102.9
77.8
85.9
88.8
94.9
82.1
80.2
86.9

82.7
77.1
76.3
78.2
86.4
86.6
85.0
76.9
59.1
97.1
78.3
86.1
88.3
95.5
82.0
81.1
88.3

82.7
77.2
76.2
77.5
77.9
83.1
85.1
81.1
63.2
94.3
78.8
85.8
88.3
95.5
81.8
81.2
88.4

83.1
77.7
75.2
78.3
76.6
87.4
85.7
83.7
63.7
97.5
78.7
85.5
88.9
95.5
81.5
80.6
87.7

82.4
78.1
74.8
78.2
78.9
89.1
83.5
84.2
62.2
94.9
78.8
85.7
88.4
95.5
82.2
80.5
87.6

82.2
79.1
74.6
79.5
78.3
90.3
83.2
85.7
62.4
92.1
79.0
85.5
88.4
95.5
82.3
80.1 i
87.0 |

74.2
65.9
73.1
88.7
92.0
52.2
88.3
97.2
76.1
79.6
80.6
77.1
84.1
86.6
86.6
69.2

74.3
65.7
74.2
90.2
95.2
53.2
88.9
97.3
78.0
80.5
80.5
77.1
83.9
86.9
87.1
69.1

74.0
65.7
74.7
87.8
94.0
52.9
89.3
97.8
79.8
80.2
80.4
76.8
84.0
86.4
87.0
66.1

73.8
66.8
74.1
86.7
91.8
52.4
89.6
98.3
80.4
80.2
80.5
77.0
84.0
86.6
87.1
66.9

73.8
67.2
73.0
87.5
91.9
50.6
90.9
98.3
83.8
83.0
80.5
76.9
84.0
86.6
86.8
68.6

74.2
67.2
73.4
86.3
89.0
50.1
93.6
98.8
92.9
86.6
80.6
76.9
84.2
86.5
86.9
70.9

74.7
67.5
74.5

57.9
94.6
100.3
90.1
84.5
81.5
78.0
85.0
86.6
86.3
70.4

73.8
66.0
72.8
87.8
88.0
51.0
86.3
97.2
71.2
74.9
80.7
77.1
84.2
85.9
86.0
68.2

52.5
95.0
99.6
96.0
88.1
81.0
77.1
84.7
86.9
87.0
71.3

74.7
64.5
74.6
84.9
84.5
52.8
95.4
100.1
96.5
87.6
81.0
77.1
84.7
86.8
86.9
70.6

70.4
64.4
75.1
83.1
83.2
54.4
97.1
100.5
100.5
87.3
81.4
77.9
84.8
86.7
87.1
69.7

73.2 !
64.5 ]
76.1 !
86.2 |
82.1
55.7 |
96.1 |
100.5 !
96.7 •
86.0 '
81.5 !
77.9 i
85.0 !
86.7 i
86.9 i
69.7

73.8
70.2
80.8
76.2
62.0
30.1
82.2
68.6
45.0
80.5

67.1
69.2
78.5
81.8
61.6
27.6
73.1
68.7
46.3
80.4

67.1
69.4
78.5
82.7
60.4
27.6
73.5
68.7
45.0
80.0

66.2
70.1
80.7
82.5
59.5
27.2
75.6
68.4
45.0
79.7

68.8
70.2
80.7
82.0
59.9
27.9
76.4
67.7
45.0
79.7

71.1
70.9
80.5
82.5
60.2
31.0
76.4
67.3
45.0
79.7

71.1
71.8
80.8
83.2
61.6
32.9
76.9
67.1
45.0
79.7

71. 1
72.9
80.8
84.5
63.2
35.1
79.1
67.5
45.0
79.7

71.1
73.4
80.7
85.8
63.2
35.0
80.7
67.4
45.0
79.4

71.1
73.2
81.0
86.0
62.2
33.7
81.0
67.5
45.0
79.2

71.7
71.7
80.8
80.4
61.8
33.5
81.4
67.8
45.0
79.8

73.8
71.0
80.7
78.1
62.0
31.6
82.8
68.1
45.0
79.9

76.0
92.0

75.8
93.4

76.7
92.4

76.2
90.7

76.8
90.9

77.5
90.6

78.8
94.1

79.6
94.7

80.5
94.2

80.2
94.4

77.6

52.1
43.0
43.0
37.4
23.5
71.0
70.9
93.4
56.6

47.2
43.5
43.0
26.9
19.4
58.4
65.8
99.7
50.9

48.6
42.0
45.2
28.1
19.8
59.4
65.3
101.7
53.4

47.6
41.0
43.8
29.3
19.2
60.3
61.0
101.6
50.2

47.9
40.5
44.9
28.3
20.2
58.6
65.1
104.0
51.2

48.2
40.0
42.3
28.0
23.8
59.6
66.3
100.3
54.7

49.6
42.5
39.7
26.9
26.1
64.8
77.1
97.6
58.0

52.2
43.5
41.2
29.7
29.1
67.8
77.0
101.9
62.7

50.3
42.0
44.1
30.7
29.2
62.8
67.9
103.2
54.9

49.5
42.0
44.5
30.8
27.4
55.6
66.0
99.0
59.2

51.1
45.0
43.8
33.5
27.2
59.1
67.8
94.0
63.1

50.5
47.0
42.6
36.2
24.9
61.1
69.5
95.3
58.1

126.4
125.5
140.1
120.8

125.7
123.0
132.5
122.4

125.6
122.9
136.1
122.9

126.2
122.7
141.4
123.2

126. 8
124. 7
144. 1
123. 3

125.1
125.6
138.7
122.7

124.8
124.8
137.4
122.0

125.1
124.2
135.0
121.4

125.0
122.7
136.1
120.8

124.5
122.0
133.7
120.0

125.0
122.4
135.0
120.0

125.0
124.1
135.0
120. 6

80.6

95.2

PURCHASING POWER OF THE
DOLLAR *
Wholesale prices
Retail food prices 1
Farm pricesf
Cost of living

.....

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

CONSTRUCTION AND REAL ESTATE
CONSTRUCTION CONTRACTS
AWARDED
Contracts awarded, F. R. B.:%
44 \
35
44
53
53
50
55
32
39
45
Total, unadjusted
1923-25=i00._
21
22
22
25
34
25
26
25
25
25
Residential..
....1923-25=100..
48
43
67
61
52
30
35
48
60
Total, adjusted..
1923-25=100..
27
29
21
24
25
25
25
26
25
25
26
Residential
1923-25=100..
F. W. Dodge Corporation (37 States):A
Total, all types:
6,442
7,724
9,978
9,256
10, 655
8,249
10, 567 10, 501 10 450
10,929
11,385
Projects
.number.. 13, 338
Valuation
.thous. of dol.. 234, 806 124, 020 126, 720 148 005 159,258 168, 557 167, 376 200, 596 188,115 264,137 204,793 142,050
Nonresidential buildings:f
2,355
2,761
3 059
2,778
2,753
2,796
3,385
3,325
3,307
3,318
3, 792
3,178
Projects
...number..
9 075
9,632
7,748
Floor space
thous. of sq. ft.. 17, 343
9,145
8,288
8,602
10,813
11,680
20,680
16, 047 11, 384
58,489
41,328
Valuation
thous. of dol.. 94, 243
49, 420 59,180
68,080 124,506
90, 480 62,611
50, 433 59, 036
56,969
• Revised.
* New series. For earlier data on the following subjects refer to indicated pages of the monthly issues as follows: World prices, p. 20, September 1932; Purchasing
Power of the Dollar (except for farm prices), p. 18, August 1933.
t Revised series. For revisions of construction contracts awarded on nonresidential buildings for years 1930, 1931, and 1932, refer to p. 20 of the September 1933 issue.
Farm prices (purchasing power) are on p. 20 of the April 1935 issue.
A A continuation of the statistics shown on pp. 30 and 32, of the 1932 annual supplement, by classes, for the years 1932 and 1933 was published on p. 19 of the August
1934 issue and for 1934 on p. 19 of the October 1935 issue. Series also revised for 1935. See p. 19 of the May 1936 issue.
% Indexes are based on 3-month moving average of F. W. Dodge data centered at second month.
1 See footnote on p. 23 marked "V.
c? Index revised to exclude copper prices, since data on copper stocks have not been available subsequent to October 1931. Both stock and price series now cover 3

commodities as listed. For revised data for period 1920-35 see p. 19 of the May 1936 issue.



25

SURVEY OF CURRENT BUSINESS

June 1936
Monthly statistics through December 1931,
together with explanatory footnotes and references to the sources of the data, may be found
in the 1932 Annual Supplement to the Survey

1935

1936
April

April

May

June

July

1936

Decem- January
August SeptemOctober November
ber
ber

Febru- March
ary

CONSTRUCTION AND REAL ESTATE—Continued
CONSTRUCTION CONTRACTS
AWARDED—Continued
F. W. Dodge Corporation (37 States)—Con.
Public utilities:^
Projects
number..
221
Valuation
thous. of doL_ 23, 753
Public works:#
1,092
Projects—
number..
Valuation
thous. of doL- 49, 660
Residential buildings:
8,233
Projects
_
number..
Floor space
thous. of sq. ft.. 19,736
Valuation
thous. of doL. 67,151
Engineering construction:^
Total contracts awarded (E. N. R.)
thous. of dol__ 195, 458
HIGHWAY CONSTRUCTION
Concrete-pavement contract awards:
2,835
Total
..thous. of sq. y d . .
2,767
Roads only
thous. of sq. y d . .
Highways:
Approved for construction (N. I. R. A.):*
296
Mileage
number of miles..
Public works funds alloted.thous. of dol..
7,382
Under construction (iV. /. R. A.):*
Estimated total cost
thous. of doL.
56, 484
Public works funds allotted
thous. of dol_.
Federalaidfunds^allotted.thous. ofdol. 52, 005
Mileage
number of miles..
467
CONSTRUCTION COSTS
1,527
Building costs—all types (American Appraisal Co.)*
..1913=100..
Building costs—all types (A. 0. C.)
1913=100178
Building costs—all types (E. N. i?.)§
202.2
1913=100..
Building costs—factory (Aberthaw)
1914=100..
MISCELLANEOUS DATA
Fire losses, United
States
thous. of doL. 25, 787
Foreclosures*0
number.. 13,126
Real estate:
Home loan bank, loans outstanding*^
thous. of doL- 105, 972
Home Owners' Loan Corp:*
Applications received
number..
Loans closed:
6,305
Number
Amount
-thous. of dol— 19, 891
Loans outstanding*
thous of doL.

207
10,694

269
18,104

221
17,926

136
11, 939

205
18,106

1,540
69,645

1,328
76, 387

1,048
58,948

702
36, 325

1,123
44,191

6,230
16, 764
55,100

4,756
12, 253

3,856
11,899
45,140

3,694
10, 306
37,440

3,249
9,115
31,176

114,840

182,631

154,973

235,506

3,052
2,395

4,663
3,766

6,816
5,888

4,496
3,327

3,591

2,250
1,217

2, 068
1,396

2, 662
1,579

559
14, 221

402
11,984

295
10,100

290
8,740

241
8,092

267
7,279

308
7,607

291
7,623

158
7,319

132
5,419

9,146

198
13,810

182
4,422

176
12,493

926
33,170

923
25,967

1,087
29,991

1,050
40, 083

1,358
65,118

1,422
63,653

223
11,198
1,614
75,117

11,887
42, 203

6,268
13,136
44,902

6,166
13, 702
49,833

6,356
13,115
48,395

5,808
11, 753
40,528

5,602
12,002
41,811

116,972

122,827

110,161

86,873

158,057

1,706
826

2,250
1,111

2,129
1,508

3,303
2,381

2,643
40, 622

1,889
33,480

1,427
26,004

876
20,048

6,080
15, 604
•' 55, 221

288, 547 164, 499 147, 697

187, 675 191, 522

185, 044

170,846

149, 047 126,211

102,246

88,776

74, 700

65, 390

61, 015

59, 593

171, 294
4,093

175,478
4,110
9,121

168, 816
3,815
8,530

155,739
3,261
7,881

136,399
2,334

114, 867
2,020
5,031

92, 885
1,328
3,706

80,810
1,189
2,968

68, 965
982
2,371

60, 877
667
1,988

56, 653
601
1,734

55, 085
569
1, 679

158

158

157

157

157

157

157

157

178

178

177

175

175

174

173

173

173

178

178

178

194.5

194.1

194.8

195.2

195.1

195.1

195.1

194.9

194.9

199.5

201.2

201.2

177

177

177

178

18,500
17,249

19, 294
15,835

18,137
14,964

16,642
14,470

19,786
14,398

20,872
12,886

27, 969
13, 221

27, 730
12, 560

75,836

79,233

80,877

86,025

90,432

95,595

97,089

102, 795

102,800

2,914

140, 795

13, 593 13,142
13,413
14,623
12,892
41, 236 40, 558 41, 570 44, 775 41,181
2,702,247 ,747,022 2,788,203
2,660,677
2,620,119

16,259
49,883

23, 268
17,441

21, 238
17,441

74,011

13, 807
39,475
,578,883

158

30, 910
11,794

29,177
13, 245

102, 942 103, 358

14,192
9,392
19,002
8,386
15,634
58, 541 44, 409 29, 984 25, 715
47,927
2,886,013 2,940,029 2,984,438 1,014,423 1,040,137

DOMESTIC TRADE
ADVERTISING
Printer's Ink indexes (adjusted for seasonal
variation) :*
80.2
84.1
«78.0
79.8
83.2
80.2
°84.8
79.4
76.6
79.0
Combined index
1928-32=100..
87.7
81.6
78.7
66. 6
Farm papers. _
..1928-32=100._
72.8
57.7
64.6
62.6
74.4
67.1
66.0
63.9
58.8
65.5
69.8
61.5
86.8
77.1
Magazines
1928-32=100..
89.2
80.9
81.8
81.0
82.4
82.2
82.5
78.8
78.4
74.4
75.1
"81.5
Newspapers
1928-32=100—
85.0
78,7
80.4
82.9
84.7
79.1
75.5
76.1
77.2
78.6
75.6
77.9
71.1
Outdoor_
..1928-32=100
70.6
61.2
59.4
58.0
47.0
50.0
52.3
63.2
63.4
58.9
52.4
59.5
192.8
Radio
1928-32=100185.2
169.7
169.9
177.5
195.0
187.0
189.7
182.1
188.2
182.5
184.5
185.2
Radio broadcasting: A
4,741
4, 621
4,780
5,210
4,691
2,900
3,250
4,377
3,973
3,448
3,119
4,710
4,298
Cost of facilities, total
thous. of d o L .
539
Automotive
__thous. of dol—
453
342
400
487
432
460
312
275
215
186
244
721
1, 555
967
Drugs and toilet goods
thous. of d o L .
1,408
1,461
1,303
1,295
1,406
1,469
1, 428
1,196
1,097
1,096
1,283
1, 260
912
897
876
911
Foods
thous. of doL1,176
1,089
1,139
1,072
1,171
1,197
1,111
1,154
390
417
344
302
384
382
398
402
272
313
262
311
Petroleum products
thous. of dol—
282
370
331
395
280
284
188
183
184
367
368
384
359
Tobacco manufactures
thous. of d o L .
336
1, 069
895
861
934
882
913
802
518
413
386
503
All other*
__thous. of d o L .
788
667
Magazine advertising:!
7,435
11,166
9,360
11,747
13,431
7,074
8,852
12,754
11,004
7,798
12,142
10,248
Cost, total
thous. of dol— 14, 516
2,044
832
686
979
Automotive
thous. of d o L .
2,146
1,678
1,684
1,157
1, 655
1,641
1,555
1,005
1,023
2,477
Drugs and toilet goods
thous. of dol__
2,506
2,436
2,203
1,609
1,241
2,323
2,185
2,017
1,616
1,464
1,454
1,957
2, 195
Foods
thous. of dol__
1,784
1, 680
1,986
1,630
1,230
1, 837
1,636
1,556
1,380
1,100
1,296
1,690
191
110
148
263
214
284
192
459
344
292
368
329
220
Petroleum products
.thous. of d o L .
568
494
591
484
525
526
559
565
580
595
563
581
489
Tobacco manufactures
thous. of dol__
5, 932
All other*...
thous. of dol__
7,031
6,011
5,052
4,467
3,079
4, 665
5,862
4,938
2,941
2,719
4,523
5,197
2, 511
Lineage, totalf-thous. of lines..
2,860
2,700
2,201
2,334
1,696
2,128
2,618
2,335
1,831
1,497
1,812
2,181
« Revised.
* New series. For earlier data on building costs, American Appraisal Co., refer to p. 20 of the August 1933 issue. N . I. R. A. highway work started in September
1933, see November 1934 issue for beginning of series. For Home Loan Bank loans outstanding for period December 1932-January 1936 see p. 19 of the April 1936 issue.
Home Owners' Loan Corporation data from September 1933 to April 1934 will be shown in a subsequent issue. Total loans closed to Apr. 30, 1936, $3,060,028,685. Printers'
Ink indexes from January 1922 to May 1934 appear on p. 19 of July 1935 issue. Data prior to May 1934 on "all other" radio and magazine advertising not published.
See special note below on foreclosures. Data on H. O. L. C. loans outstanding for period September 1933-January 1936 are shown on p. 19 of the April 1936 issue.
t Revised series. See p. 20 of the October 1933 issue, magazine lineage. For revised data on magazine advertising cost for the years 1933 and 1934, see p. 19 of the February 1936 issue.
§ Index as of May 1, 1936, 203.4.
• Compiled by the Federal Home Loan Bank Board and represent the number of foreclosures on all types of properties in 1,013 identical communities in 48 States;
having 53 percent of the population of the United States. Data prior to October 1933 not published. Comparable annual totals for 1926, 65,857; 1932, 210,821; and 1933
209,003. Data were not compiled for other years. Months subsequent to September 1934 were computed by means of a link relative to keep series comparable since the
figures for these months are from a slightly different number of communities.
# These series represent a break-down of the combined total shown in the Survey previous to September 1933. For earlier data see p. 20 of the September 1933 issue.
«[ Months of May, August, and October 1935; January and April 1936 include 5 weeks; other months include 4 weeks.
t For the period October 1933-February 1935, inter-bank loans that were formerly included have been removed.

A Data for 1935 revised. See p. 25 of the May 1936 issue.
http://fraser.stlouisfed.org/
69511—36
4

Federal Reserve Bank of St. Louis

26

SURVEY OF CURRENT BUSINESS

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

1935

1936

April

June 1936

April

June

May

DOMESTIC

July

August

1936
ber

DecemOctober November
ber

January

Febru- March
ary

TRADE—Continued

ADVERTISING—Continued
Newspaper advertising: 0
Lineage, total (52 cities) __thous. of lines.. 121,887
Classified
thous. of lines.. 22,548
Display
thous. of lines.. 99, 339
7,813
Automotive
thous. of lines..
2, 488
Financial
thous. of lines..
General
thous. of lines.. 21,812
Retail.thous. of lines.. 67, 227

112, 803
19, 844
92, 960
7, 467
1,894
20, 313
63, 286

115, 854
20,174
95, 680
8,978
1,614
20, 504
64,584

102, 210
20, 061
82,149
8,426
1, 642
18, 042
54, 038

87, 363
18, 299
69, 064
6,415
1, 926
16, 862
43, 861

89, 997
19, 266
70,731
5, 281
1, 280
14, 459
49,712

101, 347
20,155
81,192
2, 910
1, 454
16, 629
60, 200

117, 427
20, 658
96, 769
5. 714
1,983
20,775
68,297

117, 704
19, 753
97, 952
7,677
2, 096
20, 980
67,198

118,684
20,171
98, 513
4,058
1, 835
16,269
76,351

94,810
18, 499
76,311
3,787
2,536
17, 686
52, 301

91, 334
17, 548
73, 788
3, 632
1,942
19, 4G4
48, 751

116,443
21,991
94, 452
5, 453
2,773
22, 899
63, 327

63.6

63.1

62.3

63.0

63.1

62.5

61.9

62.3

62.2

°62. 4

*60. 7

61. £

2,318

2, 329

2,179

2,142

2,057

2, 272

2,053

2,409

2,655

2, 218

2, 506

677, 232

728,600

761, 385

732,875

807, 460

717,264

858,100

761, 833

745, 845

3, 952
37, 528

3, 953
36,611 |

4, 123
38, 676

12,449
92, 882
2, 294

11,523
85, 855
2,254

13. 291
99, 739

27, 434
3,257

20,103
3, 060

28, 839
3,318

GOODS IN WAREHOUSES
Space occupied, public merchandise in warehouses
-.
.percent of total-.
NEW INCORPORATIONS
Business incorporations (4 States) _.number _.

2,297

POSTAL BUSINESS
Air mail, pound-mile performance*
thous. of 1b
Money orders:
Domestic, issued (50 cities):
Number.
._
...thousands..
Value
thous. of dol
Domestic, paid (50 cities):
Number
thousands
Value
thous. of dol__
Foreign, issued—value
thous. of doL_
Receipts, postal :1
50 selected cities
thous. of dol..
50 industrial cities
thous. of dol_.

632, 507
3,950
37, 884

3,805
36, 700

3,714
35, 237

3, 552
33, 807

3,512
34, 607

3,428
33,812

3, 359
33, 417

3,809
37, 327

3,740
35, 890

4,346
39, 631

13,122
99, 510

12, 444
94, 393
2,415

12,177
92, 975
2,149

12, 023
87, 441
2,238

11, 358
89, 525
2,052

11,071
88. 997
2,479

10,915
88, 703
2,416

13, 631
108,905
2,038

12, 561
99, 403
2,733

14,341
107,701
5,281

28, 944
3,320

26, 775
3,110

27, 365
3, 222

24, 679
2,829

23,123
2,866

24,162
2,901

25, 035
2, 815

29,354
3,292

27, 580
2, 976

35,985
4,248

a

RETAIL TRADE
Automobiles:*
New passenger car sales:
53. 3
98.4
89.1
80.2
50.1
Unadjusted
1929-31=100.
104.9
96. 6
140.9
116.7
69.3
65.5
90.6
»]17. 6
Adjusted...
.—1929-31=100. _
82.0
70.0
81.0
79.0
75.0
113.5
102.0
92.5
89.5
106.5
»101.0
78.5
78.5
Chain-store sales:
Chain Store Age index:*fc?
Combined index t
100
100
av. same month 1929-31=100—
92
102
97
103
99
101
Apparel index f
110
av. same month 1929-31=100..
104
99
101
107
108
100
101
100
115
114
105
119
Grocery t
93
av. same month 1929-31 = 100..
94
91
92
90
92
93
94
93
93
Five-and-ten (variety) stores:*
93.4
95.1
Unadjusted
1929-31=100..
86.1
92.9
87.7
86.0
82.0
95.0
79.3
67.7
178.4
80.3
Adjusted
1929-31 = 100..
92.0
94.5
90.6
93.7
86.0
90.7
92.1
89.6
91.8
90.8
93.3
96.7
H. L. Green Co., Inc.:*
2,384
2,049
2, 684
2,229
2,088
2,476
Sales
thous. of dol..
2, 522
2,158
2,157
4,941
1, 753
2,043
1,868
134
132
Stores operated..
number..
132
131
132
133
134
132
131
137
133
130
130
S. S. Kresge Co.:
11,925
12, 269
12,011
10,872
10,004
Sales
thous. of dol.
11, 518
11, 048
10, 758
10,148
8,597
21,551
9, 571
10,043
Stores operated
number.
734
735
736
735
737
743
745
740
739
741
744
737
737
S. H. Kress & Co.:
6,586
5,934
5,884
6,138
6,858
0,87"
5,946
5,204
Sales
.thous. of dol.
6, 441
5,700
6, 314
13,789
5, 459
234
Stores operated
number.
232
232
232
235
235
233
233
234
234
234
233
235
McCrory Stores Corp.: A
3,183
3,262
3,212
2,784
2,989
2,822
2, 626
2, 651
2,324
2,893
6, 268
2, 691
Sales
thous. of dol.
202
201
205
202
203
200
»200
205
205
203
200
200
Stores operated
number.
201
G. C. Murphy Co.:
2,351
2, 865
2,354 ;
2,970
2, 576
2,584
2, 311
2,420
2,513
5,005
2,003
2,320
3, 001
Sales
.thous. of dol.
189
186
188
188
186
189
190
190
190
188
Stores operated
number _
188
189
189
F. W. Woolworth Co.:
23 072
23, 383
23, 407
22, 382
21, 050
20,169
20, 243
21,113
21, 556
16,983
39, 590
19.677
19,016
Sales
___thous. of dol.
1,965
« 1, 957
1,974
1,980
li 983
1,964
1,968
1, 972
1,978
1,980
1,977
1,979
1,978
Stores operated
number.
Restaurant chains (3 companies):
3,369
3,195
3,395
3,384
3,495
3,335
3, 565
3,457
3,465
3,118
3, 662
3,230
3,509
Sales
thous. of dol.
351
353
357
353
356
352
348
350
350
355 I
358
Stores operated
number358
359
Other chains:
W. T. Grant & Co.:
6,726
8,365
7, 040
7,654
6, 276
6,732
8,581
7,663
5,175
7, 430
5, 754
6, 475
14,818
Sales
.thous. of dol.
470
472
472
467
470
471
471
467
468
471
465
466
Stores operated
number.
J. C. Penny Co.:
10, 977
18, 806
24, 023
24, 992
19, 759
17, 592
17, 935
15, 919
31,332
13, 964
13,692
17, 8*5
16, 282
Sales.._
thous. of dol_
1,483
1,480
1, 481
1,478
1,478
1,478
1,479
1,483
1,478
1,481
1,481
1,481
1,481
Stores operated
—.numberDepartment stores:
Collections:*
Installment account
16.2
17.4
17.4
17.1
16.1
15.4
17.4
16.3
16.7
17.1
17.6
percent of accounts receivable_
Open account
43.2
45.5
44.2
41.1
40.6
45.3
46.8
44.0
44.4
43.9
percent of accounts receivable.
« Revised.
* New series. For description of Chain Store Age indexes see p. 19 of the December 1932 issue. Data of H. L. Green Co., Inc., prior to July 1933 will be shown in a
subsequent issue. For earlier data on automobiles see p. 19 of the April 1934 issue and variety-store sales, p. 18 of the March 1934 issue. Data prior to October 1933 on
collections not published. Data are currently being received from about 400 stores on open accounts and about 250 on installment accounts. Series on air mail not available
prior to May 1934. Series on basis of weight carried was published in the Survey for the period February 1926 to December 1933.
t Revised series. For revisions refer to the indicated pages of the monthly issues as follows: Apparel sales index of Chain Store Age, p. 26, October 1933. Combined
index and grocery index of Chain Store Age were revised for period January 1932 through August 1934. See footnote on p. 26 of the November 1934 issue.
1 Monthly data from January 1932 through June 1935 are on page 20 of the July 1935 issue.
• The New York Evening Post series on newspaper advertising
sing in 22 cities is available for the period 1916 through January 1934. See the 1932 annual supplement and
monthly issues prior to December 1934.
A Data for 1935 revised. See p. 26 of the May 1936 issue.
cf Chain Store Age combined index for the period 1932-35 included 18 companies. Beginning 1936 it was increased to 20 caused by the addition of 1 apparel and lshoe
company.




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

27

SURVEY OF CURRENT BUSINESS

June 1936

1935

1936

April

April

May

June

July

1936

DecemAugust SeptemOctober November
ber
ber

January

Febru- March
ary

DOMESTIC TRADE—Continued
RETAIL TRADE—Continued
Department stores—Continued.
Sales, total value, unadjusted ^
1923-25=100_
Atlanta*
1923-25=100.
Boston
1923-25-100
Chicago*!
1923-25 = 100Cleveland*
1923-25=100_
Dallas*
1923-25 = 100.
Kansas City
1025=-100
Minneapolis*—.
1929=100.
New York*
1925-27=100.
Philadelphia*
1923-25=100.
Richmond
1923-25 = 100.
St. Louis
__.1923-25 = 100_
San Francisco*
1923-25=100.
Sales, total value, adjusted*. 1923-25 = 100.
Atlanta*
1923-25 = 100.
Chicago*!
1923-25=100Cleveland*
1923-25 = 100.
DaJlas*
1923-25 = 100.
Minneapolis*
1929=100New York*
1925-27=100,
Philadelphia*
1923-25=100San Francisco*
1923-25=100Installment sales, New England dept.
stores, ratio to total sales
percentStocks, value, end of month:
Unadjusted
1923-25=100.
Adjusted
1923-25 = 100_
Mail-order and store sales:
Total sales, 2 companies.__thous. of dol.
Montgomery Ward & Co_thous. of doL
Sears, Roebuck & Co.—thous. of doL
Rural sales of general merchandise:*
Unadjusted
.1929-31 = 100.
Adjusted
1929-31 = 100..

85
100
75
89
89
90
SO
87
78
69
103
78
87
81
96
84
79
92
82
80
69
89

72
74
65
83

8.5

7.2

8.2

6.7

68
65

66
64

66
64

61
63

69,413
30, 403
39,011

5Py 644
25,571
34,073

58,105
22,915
35,190

105. 5
109. 9

97.0
101. 0

87.6
93.1

76
84
69
78
74
78
72
76
71
63
98
69
77
76
84
76
69
75
76
75
61
80

61
77
52
68
61
64
70
70
58
49
78
59
80
78
98
85
73
88
80
76
65
82

86
91
72
81
78
97
85
84
83
65
98
71
87
81
97
79
75
92
77
81
72
84

86
98
82
86
79
92
90
94
87
74
117
80
88

9.2

14.5

57
61

60
62

58,953
23, 822
35,131

49,888
20,293
29,594

94.2
99.7

74.7
97.0

76
75
68
76
75
74
70
76
74
66
95
64
76
80
84
78
78
81
78
77
69
86

55
63
49
56
55
59
55
54
51
46
68
50
68
80
90
78
72
84
71
72
62
83

63
71
63
64
58
69
60
65
63
47
73
56
70
79
90
80
77
82
73
81
57
84

66
86
54
69
70
77
63
58
64
51
72
59
71
80
98
87
86
91
77
77
62
85

77
95
66
82
68
87
"80
79
71
66
«95
°73
78
88
103
90
78
91
84
83
73
85

82
78
75
80
79
77
65
88

89
83
97
84
85
93
80
114
81
92
81
90
81
79
84
86
79
66
91

145
158
124
137
133
155
133
123
146
122
185
120
152
84
93
81
81
95
83
83
69
88

10.7

10.2

8.8

6.2

10.1

11.0

9.7

67
64

72
66

75
67

61
65

58
66

62
65

67
65

52, 402
22, 849
29,553

59, 474
25,173
34, 301

79,945
35, 897
44, 048

71,777
30,910
40,867

90, 813
39, 475
51, 338

46,181
18, 508
27, 672

45, 435
17, 855
27,580

60,926
24, 845
36,081

79.8
92.8

103.7
104.8

127.6
104.6

127.6
103.7

155.9
109.8

79.9
96.3

84.2
93.0

106.7

77

91
103

78

EMPLOYMENT CONDITIONS AND WAGES
EMPLOYMENT
Factory, unadj. (B.L. £.)*§__„ 1923-25=100-.
Durable goods group*§
1923-25=100..
Iron and steel and products. 1923-25=100—
Blast furnaces and steel works
1923-25 = 100-

Structural and metal work

85.1
77.6
78.9

82.6
71.8
« 72. 2

81.2
71.4
72.4

79.7
69.7
71.8

79.7
69.4
71.3

82.0
70.5
73.2

83.7
71.2
74.7

85.3
74.9
76.4

85.0
76.1
76.8

84.6
75.7
76.6

83.0
74.5
75.8

83.2
74.6
76.0

•84.1
«75.7
77.1

79.4

73.7

73.6

72.4

71.7

73.7

74.4

75.6

76.2

77.0

77.1

76.6

«77.4

57.4
57.7
56.6
56.9
56. 0
60.9
57.9
58.6
58.6
59.0
1923-25=100-.
64. 4
55.3
56.0
91.6
91.4
93.9
Tin cans, etc
1923-25 = 100-.
95.8
88.3
90.4
92.9
95.3
104. 0
105.4
100.5
100.0
96.0
52.9
53.4
54.5
«54.5
56.0
Lumber and products
1923-24 = 100-.
55.3
57.0
57.5
55. 6
51.9
51.7
50.9
48.9
71.7
72.6
74.8
72.4
77.0
Furniture
1923-25 = 100
73.4
76.3
77.9
72. 1
69.1
68 6
67. 0
67.1
Millwork
1923-25= 100..
48.6
39.7
40^7
45.5
45.7
46.9
47.0
48.7
47.5
50.1
49.5
44. 8
41.9
Sawmills
1923-25=100
37.4
34.0
34.8
34.4
34.7
35.1
•36.1
36.0
36.6
37.4
37.6
33.9
30.9
99. 0
99.2
Turpentine and rosin
1923-25 = 100-99.0
98.0
98.1
97.1
99.7
100.7
99.1
100.5
100.3
98.9
98.9
92.5
92.6
93.1
93.6
93.8
Machinery
1923-25=100
87.3
91.1
93.1
96. 1
85.6
85.1
84.5
84.2
140.4
97.0
Agricultural implementS-1923-25 = 100_ _
97.0
133.9
136.3
138.7
128.9
116.7
117.8
118. 5
116.6
123.8
110.6
75.0
70.9
Electrical machinery, etc.l923-25 = 100—
70.7
74.0
72.1
71.4
72.3
69.6
70.4
73.3
75.3
75.4
69.6
Foundry and machine-shop products
79.1
72.8
80.0
73.4
74.0
79.0
77.6
81.5
76.8
76.0
1923-25=100—
83.8
74.3
73.8
Radios and phonographs-1923-25=100-.
188. 6
182.4
168.0
230.0
213.1
196.0
186.1
271.6
213.8
254.9
279.1
185.0
165. 5
89.4
89.3
°88.9
92.3
93.1
Metals, nonferrous§
1923-25=100._
88.7
82.0
86.9
91.9
83.4
82.9
80.2
81.8
Aluminum manufactures §
a
81.2
82.1
76.2
82.0
75.5
83.0
74.6
85.2
79.1
82.7
1923-25=100—
84.3
78.7
78.3
Brass, bronze, copper products
78.9
87.6
87.2
88.5
81.8
89.0
77.4
78.2
86.8
°86.9
1923-25 = 100—
86.8
81.8
80.8
Stamped and enameled ware§
110.5
109.2 a 109.1
116.2
100.4
102.5
117.0
106.2
101.9
112.7
1923-25 = 100—
112. 8
109.1
106.9
Railroad repair shops
1923-25=100..
59. 9
52.9
53.6
55.8
55.9
58.2
•60.1
52.8
52.6
55.1
55.7
53.5
53.8
64.8
65.0
65.5
65.8
65.3
64.6
64.5
65.1
Electric railroad
1923-25-100...
60. 0
65. 6
65.2
65. 7
65.6
55.2
57.6
°59.7
Steam railroad
1923-25=100.59.4
52.0
52.7
55.1
51.9
51.7
54.4
55.0
52.6
52.9
Stone, clay, and glass products
55.2
50.8
55.7
56.4
55.9
51.0
55.8
54.7
54.1
56.7
1923-25 = 100-.
57.7
53.2
55.0
Brick, tile, and terracotta-1923-25=100-_
36. 7
27.6
29.6
33.9
31.0
30.0
°32. 5
34.0
35.3
34.6
32.9
33.8
32.1
Cement
1923-25=100—
52.3
50.0
57.0
45.0
38.0
38.0
44.3
51.9
52.9
49.6
57.5
53.8
60.1
97.8
95.8
97.5
98.4
Glass
1923-25 = 100
97.2
94.2
92.7
95.7
94.8
95.2
92.0
93.8
°94.9
104. 4
104.8
102.7
Transportation equipment_1923-25== 100—
103.4
103.1
100.4 a 100. 3
75.8
92.3
101.0
87.2
83.5
93.7
118.2
118.1
113.8 « 111.1
84.0
105.0
115.5
Automobiles
1923-25 = 100—
114. 1
119. 9
100. 6
95.1
116.4
107.2
62.2
59.1
60.3
Cars, electric and steam._1923-25=100—
50.1
33.5
40.0
45.9
31.7
32.2
48.2
48.5
50.6
56.8
Shipbuilding
1923-25-100101. 2
74.6
76.4
82.9
83.9
82.0
°90. 7
76.1
79.8
82.3
71.3
72.4
66.2
94.2
97.1
96.4
94.6
Nondurable goods group* §—1923-25=100—
93.2
90.8
94.3
94.2
91.8
90.6
92.1
92.5
°93.2
Chemicals and products.__ 1923-25=100._
110.5
111.5
108.0
111.1
109.7
108.9
112.1
110.7
113.1
112.4
106.8
107.9
107.2
108.8
107.4
107.1 a 108.1
Chemicals
1923-25 = 100—
108.0
108.9
109.5
109. 0
106. 9
109.0
107.7
107.1
108.1
Druggists' prep
1923-25=100-.
98. 4
98.9
96.8
98.8
99.5
101.6
100.3
95.1
97.3
95.8
97.6
97.7
99.0
107.9
107.1
107.2 • 108.1
Paints and varnishes
1923-25=100-106.7
109.2
109.3
111.9
109.2
108.6
105.5
112.6
112.5
• Revised.
• New series. For earlier data on department store sales by Federal Reserve districts, see p. 20 of the February 1935 issue excepting Chicago, for which see note below.
Note that the combined index of department-store sales is computed by the Federal Reserve Board and the district indexes are computed by the Federal Reserve banks.
For districts not marked with an asterisk the series are as published in the 1932 Annual Supplement and subsequent issues. See p. 20 of the December 1934 issue for rural
sales for period January 1929 to October 1934. For earlier data on factory employment unadjusted in detail, see p. 16 of the June 1934 issue. See p. 19 of the July 1934 issue
for factory employment unadjusted total. Data on employment in the durable and nondurable goods groups for the period January 1923-June 1935 were shown on p. 19 of
the August 1935 issue.
t Revised series. See p. 19 of the April 1935 issue, department-store sales, Chicago.
A This series was shown on p. 20 of the June 1935 issue from 1919 through April 1935.
• The adjusted index of department-store sales (total value) was revised by the Federal Reserve Board for the years 1929 through 1934. Revised indexes for this period
were shown on p. 20 of the June 1935 issue.
§ Data have been revised for the period January 1933-September 1935. Revisions not shown in the November 1935 issue appeared on p. 16 of the January 1936 issue.




28

SURVEY OF CURRENT BUSINESS

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

1935

1936

April

June 1936

April

May

June

July

1936

Decem- JanuAugust SeptemOctober Novemary
ber
ber
ber

Febru- March
ary

EMPLOYMENT CONDITIONS AND WAGES—Continued
EMPLOYMENT—Continued
Factory unadjusted—Continued.
Nondurable goods group—Continued.
Chemicals and products—Continued.
Petroleum refining
1923-25= 100Rayon and products
1923-25=100Food and products
—1923-25=100Baking—
1923-25 = 100Beverages
1923-25=100Slaughtering, meat packing
1923-25=100Leather and products
1923-25=100Boots and shoes
1923-25=100Leather
1923-25=100Paper and printing
—1923-25=100—
Paper and pulp.
1923-25=100Rubber products §
1923-25=100Rubber tires and tubes-1923-25=100—
Textiles and products
1923-25=100Fabrics
1923-25=100Wearing apparel
1923-25=100Tobacco manufactures
1923-25=100..
Factory adjusted (F. R. B.)* §.1923-25=100Chemicals and products
1923-25=100—
Chemicals
1923-25 = 100Druggists'preparations—1923-25=100—
Paints and varnishes
1923-25=100Petroleum refinin g
„ 1923-25=100Rayon and products
1923-25=100Food and products
1923-25=100Baking
1923-25=100Slaughtering, meat packing
1923-25=100Iron and steel and products-1923-25=100Blast furnaces and steel works
1923-25=100Structural and metal work .1923-25=100Tin cans, etc
1923-25=100Leather and products
1923-25=100..
Boots and shoes
1923-25=100Leather
1923-25=100Lumber and products
1923-25=100Furniture
1923-25=100Millwork
-1923-25=100Sawraills...
1923-25=100Machinery
1923-25=100Agricultural implements.-1923-25=100__
Electrical machinery, e t c . . 1923-25=100Foundry and machine-shop products
1923-25 = 100. _
Radios and phonographs
1923-25=100..
Metals, nonferrous§__
.1923-25=100.
Brass, bronze, copper prod. 1923-25=100..
Stamped and enameled
ware § —
1923-25=100..
Paper and printing
1923-25=100.
Paper and pulp
1923-25 = 100.
Railroad repair shops
1923-25=100..
Electric railroads
1923-25=100.
Steam railroads
1923-25=100.
Rubber products!
1923-25 = 100Rubber tires and tubes
1923-25=100..
Stone, clay, and glass products
1923-25=100..
Brick, tile, and terra cotta. 1923-25=100..
Cement
1923-25=100.
Glass
1923-25=100..
Textiles and products
1923-25=100 __
Fabrics
1923-25=100..
Wearing apparel
1923-25=100
Tobacco manufactures
1923-25=100..
Transportation equipment _ . 1923-25=100..
Automobiles
1923-25=100
Cars, electric and steam...1923-25=100..
Shipbuilding
1923-25=100.
Factory, by cities and States:
Cities:
Baltimore*
1929-31 = 100.
Chicago*
1925-27=100.
Cleveland*
1923-25=100.
Detroit
.1923-25=100.
Milwaukee*
1925-27=100
New York
1925-27=100Philadelphiaf
1923-25=100.
Pittsburgh*!
1923-25=100..
States:
Delawaref
1923-25=100.
Illinois
1925-27=100.
Iowa
...1923=100.
Massachusetts*!
1925-27=100.

109.6
331.1
94.1
113.5
163.9

108.3
334.9
95.4
111.8
156.0

108.3
326.9
95.8
112.7
161.6

110.6
325.9
98.9
114.2
170.0

111.2
327.9
105.7
111.5
178.5

112.2
340.3
111.8
111.7
179.0

110.1
353.6
118.2
114.6
171.9

110.9
356.8
108.5
114.6
162.9

110.3
356.1
100.5
113.6
153.0

109.6
357.9
96.8
112.4
150.1

108.7
353.6
92.6
111.2
149.7

108.0
347.2
91.1
111.7
148.0

» 107. 5
352.0
92.0
112.9
158.6

80.7
86.3
84.3
94.8
98.6
110.3
82.7
69.4
96.3
92.1
101.7
55.4
84.9
107.5
108.3
100.2
111.4
109.6
331.0
100.5
115.3

81.5
91.5
90.8
94.5
96.9
109.8
83.6
74.9
97.2
93.3
101.8
56.8
82.4
108.1
106.3
100.7
108.8
108.3
334.9
102.4
113.6

80.6
86.7
85.2
93.2
96.5
109.9
82.4
73.6
93.5
91.0
95.3
56.6
81.4
109.3
109.0
100.4
108.6
108.5
326.9
103.1
112.7

81.4
83.0
80.6
92.8
95.6
109.1
80.9
72.9
90.4
89.4
88.6
57.8
80.1
111.3
110.2
100.3
108.4
109.6
325.9
100.1
113.0

80.4
87.3
85.8
93.5
95.5
108.9
78.3
70.3
87.8
87.5
84.4
57.6
80.6
110.7
111.7
100.4
108.8
108.8
327.9
101.6
109.9

79.4
90.1
89.1
94.4
95.9
108.8
79.1
69.7
92.9
89.9
96.0
57.9
81.8
111.4
111.6
99.3
108.4
110.1
340.3
100.3
111.4

78.9
88.8
87.3
95.2
97.3
109.2
81.1
70.3
95.9
92.1
100.5
58.9
81.9
110.3
108.5
97.4
108.0
108.2
353.6
99.8
112.6

79.7
86.6
84.0
97.0
98.3
109.1
82.8
70.7
97.7
94.6
100.5
60.0
83.7
111.3
107.7
97.1
108.9
111.1
356.8
98.1
112.8

82.8
82.3
77.8
100.3
98.7
109.0
82.7
69.8
97.0
96.1
94.8
59.7
84.8
110.8
107.2
96.8
110.2
111.4
356.1
98.4
111.8

84.3
86.3
82.8
100.4
99.7
110.0
83.0
70.5
96.9
96.4
93.8
58.2
85.6
110.3
106.6
97.3
109.7
110.9
357.9
100.7
112.4

84.9
88.4
86.1
97.7
97.5
108.7
82.0
70.5
95.1
94.0
93.4
52.2
a 84. 8
109.8
105.9
95.4
109.6
110.8
353.6
103.1
113.6

81.7
89.7
88.1
96.3
98.2
109. 2
81.7
69.9
96.1
93.5
97.9
55. 5
°83.8
108.2
105.4
96.8
107.3
109.4
347.2
101.7
114.2

«80.5
89.0
87.4
95.6
98.2
109.6
«72.7
« 53.2
97.2
93.3
« 101.9
55.9
«84.2
110.3
« 106. 9
96.9
«107. 3
« 108. 6
352. 0
102.2
115.2

83.4
77.7

84.2
71.1

81.6
71.5

81.8
71.7

80.9
72.4

81.0
73.4

79.7
74.1

79.1
75.9

82.0
77.1

80.7
77.9

82.4
77.6

80.3
75.9

82.4
76.1

77.8
65.2
95.4
86.9
85.2
94.6
56.3
74.7
48.3
37.6
96.9
132.6
75.0

72.2
56.0
87.9
92.2
91.7
94.3
52.4
71.1
39.4
35.0
86.0
91.6
70.9

72.5
56.3
89.5
89.1
87.9
94.5
51.3
70.5
40.2
33.4
84.9
94.1
70.7

72.6
55.7
92.8
86.4
84.4
95.1
48.8
69.6
41.4
30.1
84.4
111.4
69.6

72.7
55.7
96.2
86.9
84.5
95.8
52.0
72.4
44.4
33.2
86.1
123.2
69.6

74.3
56.5
97.0
87.0
84.9
95.8
54.6
73.3
46.8
35.6
87.1
124.4
70.4

74.4
57.0
99.4
85.4
83.1
95.1
55.5
73.9
49.7
36.2
88.8
126.6
73.3

76.1
57.7
100.7
84.5
81.4
97.1
55.4
71.7
49.1
37.0
90.6
122.4
75.3

77.1
58.4
99.6
84.1
80.2
99.6
54.4
71.6
48.7
35.7
93.0
127.8
75.4

78.3
57.1
96.6
90.3
88.0
100.0
54.5
72.4
47.6
35.8
93.9
129.3
74.0

77.6
58.9
97.9
89.2
87.5
96.0
54.8
74.4
46.9
36.0
94.6
129.4
72.1

75.8
59.4
95.5
87.8
86.4
93.9
54.9
73.3
46.3
36.3
93.6
128.1
71.4

«75.7
62.3
96.9
86.9
85.4
93.4
a
55.9
73.7
47.6
«37.3
94.9
129.6
72.3

82.4
239.0
87.6
85.3

73.1
231.2
82.4
80.4

72.7
200.0
83.3
80.3

72.0
182.7
82.8
79.4

73.4
192.7
82.2
78.2

73.9
194.4
83.7
78.8

75.8
190.9
87.4
82.7

77.4
196.8
90.8
87.9

79.1
222.3
91.9
90.0

80.9
225.4
91.4
89.1

80.3
253.1
90.4
88.0

79.6
239.0
88.3
85.6

80.4
248.8
°87.2
°84.6

109.7
99.0
110.3
59.4
66.0
59.0
82.7
68.2

106.1
97.3
109.8
52.6
65.6
51.6
83.4
73.6

105.4
97.1
109.9
53.3
65.7
52.3
81.1
70.2

102.4
96.4
109.1
53.4
65.6
52.4
78.8
68.4

101.6
96.5
108.9
53.2
65.2
51.9
77.4
67.2

104.2
97.1
108. 8
52.7
65.3
51.7
80.4
69.6

107.9
97.6
109.2
52.4
64.6
51.4
81.7
71.6

112.6
97.8
109.1
54.8
64.5
54.1
83.4
73.2

116.3
97.4
109.0
55.8
65.1
55.2
83.0
72.1

118.3
98.0
110.0
55.9
64.8
55.2
83.4
72.9

114.2
96.8
108.7
56.7
65.0
56.1
83.4
72.7

107.9
98.0
109.2
59.0
65.5
58.4
82.2
70.6

«105.1
97.9
109.6
°60.4
65.8
«60.0
a
73. 7
°54.3

57.1
36.4
52.6
95.7
95.1
91.5
99.1
56.2
98.8
108.0
57.6
95.0

52.7
27.4
50.3
92.7
96.0
92.7
99.2
57.7
99.1
113.5
54.7
70.0

53.6
28.0
55.3
93.1
93.6
91.0
95.6
56.8
94.0
105.9
54.9
74.1

53.5
29.9
56.4
92.1
91.7
90.6
90.0
58.1
88.7
101.5
44.4
65.4

54.4
30.4
53.4
96.6
92.2
91.2
90.3
58.2
84.8
97.7
29.6
73.0

54.8
31.2
50.5
97.4
96.1
93.3
98.4
58.1
83.6
94.9
30.7
76.5

53.9
32.1
48.9
93.6
96.0
93.2
98.3
57.3
81.4
91.0
32.8
81.1

54.6
34.4
50.9
92.5
96.0
93.6
97.3
57.4
99.5
113.8
41.7
85.3

56.1
34.7
49.2
97.2
96.2
94.4
96.0
57.0
109.0
125.1
50.9
85.6

56.4
35.8
47.4
98 2
96^2
94.7
95.3
58.0
111.1
128.1
54.6
82.9

55.8
35.3
42.8
100.0
95.0
93.0
95.3
56.0
104.4
119.3
54.4
81.4

54.0
34.5
42.7
96.2
94.4
92.0
95.8
55.2
98.0
110.4
54.4
78.0

55.2
°35.2
47.3
a
94.1
94.6
91.6
°97.4
56.4
« 96. 3
«106. 3
57.3
-86.1

86.1
70.0
95.1
105.8
97.6
75.9
91.8
74.3

83.3
69.3
88.7
110.8
93.1
74.9
88.6
68.5

82.6
69.0
82.1
102.4
93.0
72.3
88.1
68.6

80.8
67.0
80.9
93.7
92.4
69.8
87.8
67.6

79.4
64.8
86.5
66.6
92.6
67.9
87.9
67.2

80.9
65.3
84.8
71.7
91.9
72.2
89.1
68.3

84.5
67.3
89.3
82.7
93.2
75.9
91.0
69.7

84.4
68.5
95.5
100.9
94.4
77.7
92.2
71.5

82.9
68.9
94.9
107.8
96.2
76. 3
92.2
72.2

81.9
69.1
94.7
108.8
96.0
75.2
92.7
72.0

80.8
68.7
94.9
103.8
95.2
73.7
90.5
69.7

82.0
69.2
94.2
100.0
94.2
74.5
90.8
71.3

83.3
69.3
94.4
101.5
96.1
77.2
«91.8
a
71. 8

88.3
79.0
127.6
71.2

84.3
75.6
114.0
71.7

85.9
74.8
117.1
69.0

90.3
73.4
117.2
67.4

89.8
72.4
118.2
67.8

102.8
73.6
118.8
69.5

96.1
75.7
122.2
71.2

92.6
75.8
122.3
73.1

88.4
76.0
122.7
72.9

89.5
76.6
124.7
73.0

89.7
75.8
123.9
71.0

89.1
76.7
122.7
72.0

88.7
77.8
125.9
71.5

a
Revised.
* For earlier data see the following references: For factory employment, adjusted, all series, see pp. 16 to 19 of the July 1934 issue; employment in Baltimore, Milwaukee,
and Massachusetts, p. 18, December 1932; employment in Chicago, p. 20, June 1933; Pittsburgh employment, p. 18, January 1934; Cleveland employment, p. 19, July 1934.
t For revised data refer to the indicated pages as follows: Employment in Delaware and Philadelphia, p. 19, September 1933; for revisions of years 1930-34 for those
series and for the city of Pittsburgh, see p. 20 of the March 1935 issue; for Massachusetts, employment for 1931, p. 19, August 1933, and for 1932-34, p. 20, September 1935.
§ These data for the period January 1933-September 1935 have been revised; revisions not shown in the December 1935 issue appeared on p. 16 of the January 1936 issue.




SUEVEY OF CURRENT BUSINESS

June 1936
Monthly statistics through December, 1931,
together with explanatory footnotes and references to the sources of the data, may be found
in the 1932 Annual Supplement to the Survey

1935

1936
April

29

April

May-

June

July

DecemAugust SeptemOctober November
ber
ber

1936

January

February

March

EMPLOYMENT CONDITIONS AND WAGES—Continued
EMPLOYMENT—Continued
Factory, by cities and States—Continued.
States—Continued.
88.2
89.7
89.5
86.5
92.1
90.4
90.7
92.3
88.4
Maryland*
1929-31=100__
93.0
° 90.5
88.3
72.4
79.1
74.2
72.5
80.0
80.6
74.5
75.9
78.0
76.3
77.0
76.4
New Jerseyf
1923-25=100..
76.1
76.2
73.7
72.5
72.1
77.8
76.9
74.8
73.8
76.8
75.2
77.4
77. 2
New York
1925-27=100..
75.3
94.2
93.0
90.1
93.8
96.0
94.9
90.8
91.1
93.1
0)
Ohio
..-1926= 100..
0)
0)
0)
78.8
75.4
75.0
79.4
79.0
76.0
76.6
78.1
76.9
74.9
Pennsylvania!
1923-25=100..
«77.3
79.1
« 77. 9
87.2
85.7
92.3
89.1
88.2
85.1
90.4
89.5
85.9
Wisconsin
1925-27=100..
87.1
89.3
88.7
Nonmanufacturing (B, L. S.):
Mining:
57.3
46.0
49.4
53.5
56.8
38.7
46.6
52.6
58.8
59.1
Anthracite. _
1929=100..
52. 5
61.2
49.8
79.1
77.1
75.3
77.9
70.0
73.4
76.1
74.3
74.3
79.8
Bituminous coal
1929=100..
80.4
80.2
77.4
53.5
44.4
46.0
46.3
48.9
52.6
46.0
45.2
51.6
54.2
Metalliferous...
1929=100..
5f>. 9
55. 5
57.5
71.9
76.0
76.7
76.3
73.0
74.9
75.1
74.7
77.4
71.4
Petroleum, crude production. 1929=100..
70.7
70.6
71.1
49.5
50.4
51.0
46.7
43.1
45.3
50.0
50.0
39.4
50.9
Quarrying and nonmetallic.—1929=100..
42.2
36.9
48.4
Public utilities:
Electric light and power, and manufac83.9
86.9
87.4
87.6
83.3
86.8
86.1
84.8
tured gas
.1929=100..
82.6
86.1
86.9
88.2
70.5
71.7
71.0
71.6
71.2
71.1
70.7
71.5
71.1
Electric railroads
.1929=100..
7!.2
71.7
71.4
71.2
69.6
70.2
70.4
70.0
70.5
70.1
70.3
70.0
Telephone and telegraph
1929=10070. 2
69.9
70.8
69.7
Trade:
82.2
°92.9
80.4
82.2
78.0
81.8
84.6
83.5
79.3
Retailf.1929=100..
81.7
85.3
80.0
86.4
82.1
82.1
83.7
85.6
83.2
82.5
82.7
Wholesalef
.1929=100..
85.7
85.8
85.0
86.8
85.7
Miscellaneous:
73.4
82.1
76. 3
71.5
79.4
80.4
80.9
79.9
81.7
Dyeing and cleaning'! A
1929=100..
74.7
70.3
81.8
80.8
81.1
81.5
81.9
80.7
81.3
81.6
81.1
81.6
80.3
Hotels!
1929=100..
82.8
83.2
82.8
83.0
81.3
81.1
81.5
84.2
80.0
82.3
84.4
81.9
81.1
Laundries*!*
.__.
1929=100..
82.1
81.2
83.2
Miscellaneous data:
Construction employment, Ohio
27.9
27.6
30.7
31.5
30.9
28.5
1926=100..
24.8
35.0
32.9
(0
0)
0)
0)
Farm employees, average per farm*
.89
.74
.62
.71
.85
number. _
1.13
1.01
.90
Federal and State highway employment,
227, 586
282, 740 331,000 362, 339 375,442 382,846 340, 073 323, 374 290, 523 252, 229 202,884 200,451
total*
number..
94, 200
80, 674
478
147, 256 195, 459 224, 086 226, 867 218,886 183,886 176, 050 151, 385 130, 539 97,089 119,
Construction*.. _
number.. 287,
173
777
133, 386
144,
121,
690
105,
795
139,138
Maintenance*
number.. 143, 305 135,484 135, 541 138,253 148, 575 163,960 156,187 147, 324
Federal civilian employees:
835, 087 841, 197
United States*._
_
number.. 846, 279 746, 088 747,478 754, 745 764,925 805, 286 829, 605 831,453 835,236 850, 943 840,183 112, 304
112, 370
Washington
number.. 115, 073 101,178 102, 539 103, 453 104,498 105, 679 108, 952 110, 009 110, 745 111,692 111,954 •1,054
1, 043
999
1,003
1,013
1,025
1,034
1,031
1,011
1,013
1,035
Railroad employees, class I
thousands. .
994
1, 070
Trades-union members employed:
79
78
77
80
78
80
79
79
77
73
77
All trades
percent of total..
51
48
82
52
50
54
55
46
49
49
52
43
Building trades*
percent of total..
83
83
59
82
83
81
80
77
77
78
77
77
Metal trades*...
percent of total..
87
85
87
86
85
85
87
86
86
85
85
Printing trades*
percent of total..
83
83
88
81
82
84
84
84
81
81
77
All other trades*
percent of total..
58
85
55
58
57
54
54
52
On full time, all trades-percent of total..
57
61
LABOR CONDITIONS
Hours of work per week in factories:*!^
"38.1
z38. 2
38. £
38.8
38.5
35.9
37.8
36.3
37.3
36.7
38.5
38.6
Actual, average per wage earner
hours..
56.4
Industrial disputes in progress during
month:!
0
°223
«223
210
274
311
319
332
294
307
377
317
Number of disputes
1,207,000
,178,851 1,697,848 1,311,278 1,297,730 1,191,663 3,027,040 1,562,908 1,003,852 660,911 629,260 727,389
Man-days lost
number.. ^886,000
p
116,000
'•
88,229
74,000
124,174 151,163 129, 784 141,829 150,835 514, 427 133, 742 100, 732 61, 782 "56,716
Workers involved
number..
Employment Service (United States):*
Applications:
a
In active
file
number.. 8,996,649 ^,312,060 6,094,192 6,713,047 7,532,046 8,235,139 8,696,943 8,735,671 8,387,179 8,954,074 9,011,458 9,193,120 '9,252,979
New
.number.- 295,686 313, 661 379, 573 662,138 821,524 781,971 655,847 635,451 526,227 4bl, 850 428, 775 343,155 352, 249
Placements:
310,009 247, 507 271,711 248, 568 258, 250 242, 838 232,176 246, 431 149, 279 149, 276 155, 506 145,165 «227, 722
Number..
.025
.016
.034
.017
.017
.018
.027
.028
.045
.034
.037
.039
.029
Per active applicant
number..
Labor turn-over:!
3.97
2.95
3.30
3.63
4.95
5.23
4.60
3.65
3.01
3.18
4.17
3.63
Accessions
percent of no. on pay roll..
Separations:
.19
.17
.18
.20
.21
.20
.19
.21
.17
.20
.20
.20
Discharged—percent of no. on pay roll..
2.21
1.83
2.89
2.66
1.95
2.58
2.03
3.00
2.70
3.46
2.57
2.60
Laid off
percent of no. on pay roll..
Voluntary quits
.86
.77
1.05
.83
.93
.90
.71
percent of no. on pay roll..
1.21
PAY EOLLS
1
76. 3
72.3
77.9
76.6
72.2
74.5
72.2
75.0
69.7
65.4
68.5
70.8
Factory unadj. (B. L. S.) * $ 1923-25=100_.
* 69. 7
64.1
73.7
70.1
64.3
68.1
60.6
66.3
58.9
60.1
55.6
61.8
Durable goods group*§
1923-25=100..
57.6
Iron and steel and products
64.4
59.4
62.7
65.5
59.4
58.3
73.7
52.6
1923-25=100..
55.7
Blast furnaces and steel works
* 73. 8
72.0
68.2
66.4
68.0
64.2
66.1
52.4
61.6
78.8
62.3
61.1
1923-25=10056.8
Structural and metal work
» 49. 9
44.8
45.0
45.3
44.7
54.7
46.0
42.2
45.6
43.9
40.7
40.9
39.8
1923-25=100. _
94. 5
86. 1
91.5
90.9
91.5
100.2
94.3
97.7
105.7
103.6
93.8
87.0
85.4
Tin cans, etc
.1923-25= 100..
« 44. 6
41.4
44.2
41.1
45.0
48.6
38.3
47.3
46.3
44.4
36.3
34.8
37.5
Lumber and products
1923-25=100—
55. 7
54. 3
58.4
51.8
59.3
63.0
48.4
60.2
56.0
56.2
48.5
47.1
49.2
Furniture
1923-25=100.
35. 9
39. 2
39.0
36.1
39.6
41.9
34.2
40.8
37.7
31.5
41.2
29.1
27.7
Millwork
1923-25=100
1
24.8
28.0
25.9
25. 2
26.5
29.5
23.3
29.4
27.9
20.9
20.1
29.6
23.7
Sawmills
1923-25=100.
55.2
59.
2
64.4
60.5
65.8
64.6
57.5
59.3
59.3
59.9
57.3
57.9
57.0
Turpentine and rosin-..-1923-25=100._
i Temporarily discontinued by the reporting source.
Preliminary.
• Revised.
* For earlier data see the following references: Employment in Maryland, and Federal civilian employment, total, United States, p. 18, December 1932; Federal and
State highway employment, dyeing and cleaning establishments, and laundries, p. 19, June 1933; trades-union members employed, p. 18, December 1932, and hours of
work, p. 20, October 1932. Pay rolls in the durable group for the period January 1923-June 1935 are shown on p. 19 of the August 1935 issue. Data for factory pay rolls
by classes are shown on p. 18 of'the June 1934 issue. See also p. 19, July 1934 issue. Data on the U. S. Employment Service for the period July 1933-June 1935 were shown
on p. 19 of the September 1935 issue.
! For revised data refer to the indicated pages as follows: Employment in New Jersey and Pennsylvania, p. 19, September 1933; employment in laundries, and dyeing
and cleaning establishments, p. 20, August 1934; hotels revised for the period January 1929-July 1935, inclusive, see p. 20 of the September 1935 issue. For revised data on
employment in wholesale and retail trade for 1930-34, see p. 20 of the March 1935 issue. Hours of work per week in factories revised for 1933. See p. 20 of the July 1934
issue. For labor turn-over see p. 20 of the April 1935 issue. Industrial disputes revised for 1935. See p. 29 of the April 1936 and p. 29 of the May 1936 issues.
• Figures represent the condition as of the end of the month shown. This method has been followed since September 1932. Figures shown previous to that date in
the Survey are as of the first of the month. They were published as of the first of the following month by the Department of Agriculture.
1 Data revised for 1934. See pp. 29 and 56 of the May 1935 issue.
§ Data have been revised for the period January 1933-September 1935. Revisions not shown in the November 1935 Issue appear onj>._16 of the January 1936 issue.
r
A. The revised series on dyeing and cleaning and laundry employment shown ini the
1" August 1935 issue have been dropped by the B. L. S. and the publication of the
original series resumed in the September 1935 issue.


http://fraser.stlouisfed.org/
69511—36
5
Federal Reserve Bank of St. Louis

30

SURVEY OF CURRENT BUSINESS

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

1936
April

June 1936

1935
April

May

June

July

1936

DecemAugust SeptemOctober November
ber
ber

January

February

March

EMPLOYMENT CONDITIONS AND WAGES—Continued
PAY ROLLS—Continued
Factory unadjusted—Continued.
Durable goods group—Continued.
!
Machinery
1923-25=100..
Agricultural implements.l923-25 = 100..
Electrical machinery, etc.l923-25=100Foundry and machine shop products
1923-25=100. .
Radios and phonographs.l923~25=100..
Metals, nonferrous §
1923-25=100..
Aluminum manufactures §
1923-25=100..
Brass, bronze, copper products
1923-25=100..
Stamped and enamel ware §
1923-25 = 100Railroad repair shops
1923-25=100..
Electric railroads
1923-25=100..
Steam railroads
1923-25=100..
Stone, clay, and glass products
1923-25=100...
Brick, tile, and terra cotta
1923-25=100..
Cement
.1923-25=100. _
Glass
1923-25=100Transportation equipment-1923-25=100..
Automobiles
1923-25=100..
Cars, electric and steam. 1923-25 = 100Shipbuilding
1923-25 = 100..
Nondurable goods group* §..1923-25=100..
Chemicals and products.-.1923-25 = 100..
Chemicals
1923-25=100..
Druggists' preparations~1923-25=100Paints and varnishes..—1923-25=100..
Petroleum refining
1923-25=100..
Rayon and products
1923-25 = 100_.
Food and products
—1923-25=100..
Baking
1923-25=100..
Beverages.1923-25=100..
Slaughtering, meat packing
1923-25=100. _
Leather and products
1923-25=100..
Boots and shoes
..1923-25=100..
Leather
1923-25=100..
Paper and printing
1923-25=100..
Paper and pulp
1923-25=100..
Rubber products!
1923-25 = 100..
Rubber tires and tubes..1923-25=100..
Textiles and products
1923-25=100Fabrics
1923-25 = 100..
Wearing apparel..
.1923-25 = 100..
Tobacco manufactures
1923-25=100Factory by cities:
Baltimore*
1929-31=100..
Chicago*...
-1925-27=100..
Milwaukee*
1925-27=100..
New York*
1925-27=100..
Philadelphia^
1923-25 = 100..
Pittsburgh*t
.1923-25=100..
Factory by States:
Delawaref
1923-25=100..
IllinoisA
1925-27 = 100..
Maryland*
—1929-31-100..
Massachusetts*!
1925-27=100..
New Jerseyf
1923-25=100..
New York
1925-27=100..
Pennsylvania!
—1923-25 = 100-.
Wisconsin
.1925-27=100..
Nonmanufacturing (B. L. S.):
Mining:
Anthracite..
1929=100..
Bituminous coal...
1929=100.
Metalliferous
1929 = 100..
Petroleum, crude production
1929 = 100..
Quarrying and nonmetallic. 1929=100. _
Public utilities:
Electric light and power and manufactured gas
.1929=100...
Electric railroads
1929=100..
Telephone and telegraph... 1929=100..
Trade:
Retail!-—
1929 = 100..
Wholesale!
.1929 = 100..
Miscellaneous:
Dyeing and cleaning*!•
1929=100..
Hotels!
.1929 = 100..
Laundries*!*
1929=100—

86.2
172.5
68.5

67.6
108.8
58.4

67.8
110.5
58.2

66.9
127.5
56.1

67.5
135.2
54.7

71.2
137.5
57.8

75.2
136.8
62.1

78.4
136.1
65.2

78.9
145. 0
64.6

80.7
155.2
65.1

78.3
162. 0
61.3

79.2
165. 3
61.0

82.2
171. 0
63.7

75.4
118.0
74.0

58.0
107.0
64.7

57.9
101.5
63.7

56.2
100.9
62.9

56.7
112.9
59.9

60.0
133.9
64.7

62.2
166.3
70.9

64.6
185.8
78.4

65.3
179. 8
78.5

68.5
143. 7
79.4

66.7
126.2

68.3
114.0
72.4

71.6
109. 7
«73.9

78.7

69.3

68.0

64.6

58.3

65.8

69.6

76.0

77.0

76.7

70.8

64.1

61.5

60.0

57.5

61.1

65.8

72.5

72.9

73.4

101.1
GO. 6
62. 4
60.6

88.0
50.7
60.4
50.1

83.3
52.5
60.2
52.0

77.6
51.0
59.0
50.5

73.9
48.2
58.8
47.5

82.3
49.0
59.6
48.3

49.1
59.1
48.5

53.1
60.0
52.7

101.0
54.5
59.3
54.2

102.8
57.1
61.8
56.9

71.3
90.8
52.2
60.8
51.7

47.0

39.3

40.3

40.5

38.9

40.9

42.2

44.5

43.9

44.6

25. 8
38.3
92.3
110.3
121.7
70.0
96. 0
83. 4
101.0
104. 9
98. 0
100.3
JO 1.3
254. 9
87.7
100. 4
168.0

16.3
31.9
82.7
102.7
117.1
65. 1
62.0
82.4
95.9
96.2
97. 7
91.9
96.9
242. 7
85.9
95.5
153. 6

17.7
36.8
81.6
94.2
105. 1
65.8
65.7
79.2
94.8
97.8
93.9
95.1
96. S
237. 8
87.3
97.3
162. 5

19.3
40.1
82.0
82.4
93.4
46.6
55.5
77.6
95. 0
98.0
93.7
94.0
99.3
240.5
90.9
99.6
173.4

20.2
37.9
77.0
74.7
85.7
28.0
59.4
77.9
95.4
101.6
92.3
88.9
100.5
240. 2
96.9
96.5
192.7

21.2
35.8
82.3
71.6
80.6
30.4
61.5
83.4
97.0
100.8
92.0
87.8
102.5
253. 4
100.9
95.7
189.8

22.5
35.2
85.6
65.7
72.1
31.8
65.6
87.1
99.0
98.8
97.3
89.5
102.8
264.1
105.5
101. 6
171.0

24.0
35.1
90.9
86.4
97.7
41.0
70.4
86.2
100.6
100. 1
99.9
94.8
102.2
263. 5
98.0
100.8
157.7

23.4
33.3
91.2
101.5
116.7
47.4
72 5
82.7
99.1
101.9
94.7
94.0
98.8
263.3
91.9
99.7
151.2

73. 6
69. 9
62.4
94.4
91.1
96.2
74.3
64. 4
80.1
78.4
78.7
42.6

74.3
79.1
75.1
91.4
84.6
87.3
71.2
65.4
82.4
78.0
86.4
43.1

74.0
72.3
66.7
90.0
84.8
86. 9
66.5
58.7
75.5
74.9
72.1
43.8

74.8
70.9
64.7
91.1
83.4
87.4
64.9
58.9
70.9
72.0
64.6
46.8

75.0
77.5
73.1
91.2
81.4
85.1
61.3
54.2
68.4
70.1
60.8
47.6

73.2
81.7
77.7
94.2
83.0
87.2
64.3
55.8
78.9
76.5
78.8
46.6

74.1
76.9
71.1
95.2
86.2
90.7
68.8
59.0
84.6
80.4
87.8
49.4

75.6
73.8
65.9
99.4
88.2
93.3
70.8
59.0
84.5
83.3
81.8
50.5

85.3
52.3
89.3
65.0
77.1
89. 5

78.5
48.5
78.5
63.7
75.0
66.4

77.0
47.4
77.2
59. 7
73.0
65.4

76.4
46.7
76.3
57.4
73.2
60.8

73.9
45.9
77.9
56.8
72.3
56.7

77.1
46.7
77.5
62.3
76.4
65.8

81.6
48.8
82.6
67.1
79.6
67.0

70.8
61.3
88.4
63.2
67.4
68.4
73.6
79.0

62.5
54.6
82.5
60.9
60.8
62.9
63.0
69.7

62.7
53.0
80.4
58.2
60.9
61.2
61.9
69.4

66.4
52.3
79.7
66.8
59.2
60.2
59.8

65.1
51.8
77.1
57.3
58.8
59.5
58.0
76.2

70.8
53.5
SO. 6
59.8
63.3
62.5
63.9
74.3

28.6
62.1
45.4

49.9
45. 0
31.8

49.5
49.1
31.4

66.0
64.7
31.5

37.5
35.9
31.1

56.8
36.0

56.7
28.9

57.8
32.8

59.2
33.8

86. 6
65. 9
76.0

79.0
63.3
73.1

79.8
63.6
73.7

65.4
67.9

62.5
64.8

64.1
66. 3
70.9

61.9
63.6
65.5

72.7

76.7

0

70.3

« 69. 9

90.7
57.8
62. 5
57.6

«96.4
« 63. 1
63.6
« 63.2

38.0

38.7

a

23.3
31.1
94.2
104.4
118.8
55.2
77.2
85.1
100.8
102.1
97.2
93.7
104.0
268.0
90.5
99.4
147.4

20.0
23.4
82.3
89.6
99.7
51.8
77.2
82. 3
97.9
99.7
95.3
91.8
99.5
264.4
87.3
99.0
147.0

19.4
23.8
83.8
80.5
87.3
54.0
75.3
82.8
97.5
99.9
94.2
93.5
98.5
260.8
84.7
99.8
143.3

° 22. 4
31.8
« 89. 1
° 96. 1
» 105. 4
62.0
a
85. 0
° 84. 9
1
102. 4
1
103.0
100. 0
95.9
* 103. 0
267. 3
87. 5
100. 9
162.4

77.7
66.6
56.1
101.4
88.0
91.7
70.3
59.9
79.7
82.6
69.2
48.9

79.7
75.4
66.7
103.7
91.8
94.4
74.5
63.8
81.9
85.3
70.5
49.6

81.6
79.1
72.7
99.7
88.2
91.7
70.2
59.9
79.1
80.0
72.6
41.7

73.8
79.8
74.5
96.6
88.9
93.4
69.8
60.2
81.1
79.9
78.6
43.4

° 74.1
75.5
69.7
93.8
90.5
94.9
«63.0
a
47. 4
a
84. 3
°80.0
a
87. 6
44.9

80.4
49.6
82.7
66.7
81.0
76.2

79.3
48.9
84.5
63.4
79.7
74.5

80.0
50.6
86.7
64.5
80.4
74.5

78.1
51.2
84.5
63.6
78.2
71.4

80.3
51.1
81.2
63.9
78.2
73.9

° 80.9
52.2
87.0
69.1
79.9
75.5

70.5
55.6
85.5
61.9
64.8
65.9
65.0
78.1

70.4
56.9
84.9
63.0
67.6
66.3
70.3
77.1

69.2
56.5
82.5
59.8
68.1
64.3
68.4
75.8

72.3
58.4
83.9
63.9
68.1
65.9
68.2
77.3

71.9
57.4
81.9
62.0
65.2
64.4
66.0
75.2

70.5
58.3
83.3
63.1
65.0
64.5
67.7
74.0

69.9
60.8
84.4
62.5
66.4
67.2
°69. 3
79.2

28.3
45.8
33.4

38.2
60.1
35.4

38.7

28.4
65.5
39.6

55.4
69.5
43.2

54.4
70.6
41.7

76.7
78.5
42.8

42.6
70. 1
45. 1

59.9
34.4

58.9
36.3

60.9
35.4

57.9
36.5

57.2
32.1

59.9
29.7

55.7
25.5

55.3
23.9

56.0
30.9

79.8
63.9
74.4

81.5
63.4
75.7

82.8
63.3
75.5

84.5
64.0
73.8

84.4
64.1
74.9

83.4
63.8
74.9

86.0
66.1
75.6

84.8
65.0
75.0

84.7
68.3
76.2

88.5
67.8
77.2

62.0
64.6

62.5
64.6

60.5
64.6

59.3
64.8

62.5
67.2

63.2
66.8

69.3
68.6

62.1

61.6
66.6

63.5
69.2

61.7
63.7
66.6

65.7
63.5

61.5
62.1
70.9

58.2
62.0
69.2

63.1
63.1
67.9

61.1
64.3
67.1

52.9
64.2
67.5

51.6
64.9
68.3

49.0
66.5
67.8

56.4
66.0
69.9

7a 5
fl

55.4
64.8
66.7

74.6

79. 9

43. 5

»Revised.

rolls, Chicago,
P
•11s, Pittsburgh,
P
June 1933. Data
on pay rolls for nondurable goods industries for the period January 1923-June 1935 are shown on p". 19 of the August .„„„ .„„
!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 and 1932-34 p. 20, September 1935; pay rolls in wholesale and retail trade for 1930-34, inclusive, p. 20, March 1935- pay rolls in dyeing
and cleaning establishments and laundries, p. 20, August 1934; hotels revised for the period January 1929-July 1935, inclusive; see p. 20 of September 1935 issue
* Revised data on Illinois pay rolls from April 1929 to December 1932 will be shown in a subsequent issue.
• The revised series on dyeing and cleaning and laundry payrolls shown in the August 1935 issue have been dropped by the Bureau of Labor Statistics and the publication of the original series resumed in the September 1935 issue.
§ Data have been revised for the period January 1933-September 1935. Revisions not shown in the November 1935 issue, appeared on p. 16 of the January 1936 issue.




31

SURVEY OF CURRENT BUSINESS

June 1936
Monthly statistics through December 1931,
together with explanatory footnotes and references to the sources of the data, may be found
in the 1932 Annual Supplement to the Survey

1936
April

1936

1935
April

May

June

July

Novem- DecemFebruAugust SeptemOctober
January ary
ber
ber
ber

EMPLOYMENT CONDITIONS AND

March

WAGES—Continued

WAGES—EARNINGS AND RATES
Factory, weekly earnings (25 industries) :*tc?
All wage earners
.
dollars _
Male:
Skilled and semiskilled
..dollars..
Unskilled
dollars..
Female
dollars
All wage earners
1923=100—
Male:
Skilled and semiskilled
1923=100..
Unskilled .
1923=300
Female..1923=100. .
Factory, av. hourly earnings (25 industries) :*tc?
All wage earners
_
.dollars..
Male:
Skilled and semiskilled
dollars..
Unskilled..
dollars..
Female
dollars..
Factory, weekly earnings, by States:
Delaware..
1923-25=100Illinois
1925-27 = 100
Massachusetts*!—.-1925-27 = 100New J er^ey
1923-25 -100
New York _.
1925-27 = 100
Pennsylvania
1923-25=100
Wisconsin
1925-27 = 100..
Miscellaneous data:
Construction wage rates:*§
Common labor (E. N. Ii.).do\. per hour—
Skilled labor (E. N. i?.)__dol. per hour...
Farm wages, without board (quarterly)
dol. per month
Railroads, wages.
dol. per hour..
Road-building wages, common labor:#
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. Steal Corporation
dol. per hour..
Youngstown district—.percent base scale—

23.76

21.93

21.76

21.46

21.75

22.32

22. 58

23.12

23.31

23.47

23.09

23.09

8

26. 83
19. 38
15.06
89.3

24.62
17.87
15.21
82.4

24.41
17.49
14.83
81.8

24.11
17.48
14.73
80.6

24.58
17.66
14.77
81.7

24.97
18.16
15.33
83.9

25.06
18.65
15. 56
84.9

25.83
19.34
15.60
86.9

26.05
19.48
15.61
87.6

26.40
19.47
15. 97
88.2

26.04
19.08
15.12
86.8

26.14
18. 93
15.42
86.7

« 26. 37
19. 14
15. 33
°87. 2

87.1
87.0
87.4

79.9
80.2
88.2

79.3
78.5
86.0

78.3
78.5
85.4

79.8
79.3
85.7

81.1
81. 5
88.9

81.4
83. 7
90.3

83.9
86.8
90.5

84.6
87.4
90.5

85.7
87.4
92.6

84.5
85.6
87.7

84,9
85.0
89.4

.612

.598

.599

.599

.598

.601

.601

.602

.604

.605

.600

.606

°. 610

.677
. 495
.429

.659
. 492
.434

.661
.493
.436

.660
.493
.436

.659
.489
.434

.663
.491
.435

.665
.491
.434

.665
.497
.435

.667
.501
.435

.668
.502
.434

.663
.492
.431

.671
.493
.430

«. 675
°. 496
.429

84.6
83. 5
8S. 1
97.9
85. 7
91.9
87.9

78.3
77.3
84.8
91.3
84. I
82.4
80.5

77.1
75 8
84.2
91.8
83.0
81.4
79.8

77.6
76.3
84.0
91.3
83.0
79 4

so! 8

76.5
77.3
84.3
90.6
82.6
76 5
8L2

72.6
78. 2
85.8
93.1
84! 7
83. 0
8L2

77.3
79 2
86.'7
92. 7
85. 7
82. 9
85! 9

80.1
80.8
86.0
94. 2
85! 2
87.1
818

82.5
80. 0
81.7
94. 4
83.7
86. 0
84! 5

85.1
82.1
87.3
96. 2
86.4
86.3
87! 9

84.4
81. 6
87.0
95. 4
85! 7
85. 0
86! 2

83.4
81. 8
87.0
95. 4
85. 6
85. 9
83! 4

83.1
84. 2
86. 8
97.1
87. 0
87! 7

. 552
1. 13

.526
1.10

.523
1.08

.527
1.07

.529
1.08

.529
1.08

.529
1.08

.529
1.10

.528
1.10

.528
1.10

.547
1.12

.547
1. 12

.547
1.13

.676

.669

30.08
.670

.662

.658

30 38
.669

.667

.682

28 63
.685

.680

.692

.38
.57
.30
. 46
.55
. 52
.57
.33
.46
.37

.40
53
.43
.56
.45
.55
.31
.46
.37

.41
.53
.30
.43
.56
.43
.55
.31
.47
.37

. 41
!55
.30
.44
.56
.48
.60
.33
.48
.36

.40
.58
.30
.44
.55
.48
.60
.31
.48
.37

.485
115. 0

.485
115.0

.485
115.0

[30

.42
.53
.30
.43
.57
.43
.56
.31
. 47
.37
.485
115.0

. 42
.53
.30
.43
.57
.43
.57
.31
.47
.36
.485
115.0

. 42
.54
.30
.43
.57
.44
.57
.31
.47
.36
.485
115.0

. 42
.*54
.30
.43
.57
.46
.57
.31
.47
.36
.485
115.0

.42
!54
.30
.44
.57
.46
. 58
.32
.47
.36
.485
115.0

. 42
!55
.30
.44
.57
.47
.59
.32
.48
.36
.485
115.0

.485
115.0

23. 20

85. 6
85. 9
88.' 9

8s!4

30. 87

.485
115.0

. 38
!fj()

.30
.46
.54
.50
. 57
.33
.49
.36
.485
115.0

. 37
.'62
.30
.48
.55
.50
59
!32
.47
.36
. 485
115.0

FINANCE
BANKING
Acceptances and com'l paper outstanding:
Bankers' acceptances, total, .mills, of dol—
375
343
344
413
321
322
328
387
397
384
359
Held by Federal Reserve banks:
For own account
mills, of doL.
For foreign correspondents
mills, of doLHeld by group of accepting banks, total
mills, of doL.
310
391
356
317
296
292
301
321
339
358
368
353
340
Own bills
mills, of dol._
143
178
162
154
148
145
148
178
183
172
150
182
181
Purchased bills
mills, of dol_.
167
214
193
163
148
154
147
161
185
168
171
175
172
34
22
19
Held by others
mills, of doL.
26
24
27
24
29
37
30
38
29
31
174
175
173
Com'l paper outstanding....mills, of dol._
159
164
183
180
172
176
177
180
178
178
Agricultural loans outstanding:
Farm mortgages:
2, 002
1, 998
1,976
Federal land banks
mills, of dol—
2,017
2,024
2,036
2,047
2, 059
2,059
2,066
2,072
2, 060
2,066
158
223
215
Joint stock-land banks}
mills, of dol—
208
201
195
190
184
180
166
176
170
162
823
697
Land-bank commissioner*.mills. of doL.
716
733
743
755
765
786
803
777
795
811
818
Federal intermediate credit bank loans to
and discounts for:A
Regional agricultural credit corp's and
production credit ass'ns—mills, of doL.
130
133
124
129
131
100
111
123
115
105
125
101
All other institutions
mills, of doL.
64
60
50
49
49
50
83
89
53
64
Other loans:
Agricultural marketing act revolving
fund loans to cooperatives!
mills, of dol..
47
50
47
46
45
44
44
44
Banks for cooperatives, incl. Central
Bank*
mills, of dol—
40
32
24
25
43
31
43
51
48
41
50
47
Emergency crop loans*
mills, of doL.
112
122
125
126
125
122
114
104
109
104
107
105
Prod. cred. ass'ns*
mills, of dol—
127
101
107
110
93
109
101
92
103
96
116
94
Regional ag. credit corp.*..mills, of dol—
39
77
73
78
69
52
65
59
41
46
41
40
43
"Revised.
fRevised series. For revisions on the following subjects, refer to the indicated pages of the monthly issues. Massachusetts weekly earnings for 1931, p. 19, August
1933; and for 1932-34, p. 20, September 1935; factory weekly and hourly earnings for 1933, p. 20, July 1934. Certain classes of loans included in the figures shown through
May 1934 have been redassified and removed from the agricultural category.
cf Data for 1934 revised. See pp. 30 and 56 of the May 1935 issue.
§Construction wage rates as of May 1, 1936'—common labor, $0,558; skilled labor, $1.14.
#Beginning with March 1932 data are based on Federal-aid and State projects; before that time the data are based on Federal-aid projects.
{Joint-stock land barks in liquidation,
*New series. For earlier data on the following subjects, refer to the indicated pages of the monthly issues as follows: Factory weekly earnings for period of January
JU^JIAVIO^ iix uiiv u u u i j

L^OJ.

iooLiv, IUI icijuna"uftjjin.

i/umuiuoiuuti

IUI JJWIUU o uijr i»oo~-tv|jiii xvot.

-HL-uuiLKjuai series w e r e also m c i u u c u i n Lnis i s s u e ic

including central bank and production credit associations for the period October 1923-April 1934, and emergency crop loans and regional agricultural credit corporations for
nthiy periods January 1932-March 1933 and regional credit corporaApril 1933-April 1934. Data for emergency crop loans for fiscal years from June 1922-June 1931 and monthly
lions for October 1932-March 1933 will be shown in a subsequent issue.
A Break-down of figures shown in issues up to November 1934.




32

SURVEY OF CURRENT BUSINESS

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

1936
April

June 1936

1935
April

May

June

July

DecemOctober NovemAugust September
ber
ber

1936
January

February

March

FINANCE—Continued
BANKING—Continued
31,475
Bank debits, total...
mills, of dol._ 34, 782 31,550
30,108
33, 287 30, 268 29, 031 32, 577 32, 227 36, 360 35,424
31, 572 ' 37, 496
New York City
mills, of dol
17, 285 15, 905
14, 551 15, 667
16, 737 14, 733 14, 014
15, 733 15, 542 17, 684 17,925
15, 806 1 19, 629
Outside New York City
mills, of doL. 17, 497 15, 645 15, 557
15,808
16, 550 15, 536
16, 844
15, 016
16, 685 18, 676 17,499
15, 766
17, 867
Brokers' loans:
Reported by N. Y. Stock Exchange
805
793
809
769
772
781
792
846
938
925
924
997
mills, of dol._
1, 064
1.93
Ratio to market value
percent. .
2.23
2.40
2.29
2.23
1.98
1.94
1.93
1.84
1.88
2.00
1.84
1.81
By reporting member banks:
To brokers and dealers in N. Y.*
881
864
921
825
846
779
980
893
778
850
898
mills, of doL.
1,032
990
To brokers and dealers outside N. Y.*
209
192
176
183
170
169
152
160
183
171
171
173
mills, of dol._
220
x ecierai xteserve uanKs.
9,
529
11,184
9,165
9,
556
9,872
9,096
9,749
10,416
10,
780
11,088
11,026
11,094
11,127
Assets total
mills, of dol
Reserve bank credit outstanding
2, 473
mills, of dol..
2,475
2,468
2,469
2,480
2,465
2,485
2,477
2,482
2,480
2,486
2,479
2,482
5
5
5
5
5
5
5
5
5
5
5
5
Bills bought
- - mills, of dol
7
11
6
5
9
6
8
6
6
Bills discounted
mills, of dol
10
8
2, 430
United States securities..mills, of doL.
2,430
2,433
2,432
2,431
2,430
2,430
2,430
2,430
2,430
2,430
2,430
2,430
8,027
Reserves, total
mills, of dol
8,049
6,014
6,108
6,426
6,515
6,716
6,838
7,285
7,566
7,835
8,006
8,021
7,717
5, 769
5, 901
6,203
6, 502
6,246
6,633
7,053
7,571
7,668
7, 685
Gold reserves§.
mills, of dol._
7,347
7,680
Liabilities total
mills, of dol
11.184
9,096
9, 165
9, 529
9, 556
9,749
9,872
10,416
10, 780 11,026
11,088
11 094 11,127
6, 524
5,084
5,406
5,999
6, 386
6, 617
5,146
5, 562
5, 613
6, 535
5,478
6, 497
6,166
Deposits, total
mills, of dol—
5, 087
Member bank reserves
mills, of dol__
5, 486
4,715
4,832
4,979
5,100
5,305
5,254
5,648
5,835
5,587
5,860
5, 784
2, 305
Excess reserves (est.)* mills, of dol..
2, 664
2, 253
2,318
2,414
2,513
2,708
2,600
2,970
3,100
2,844
3,084
2, 986
3, 764
Notes in circulation
mills, of doL.
3,762
3,153
3,189
3, 258
3, 262
3,399
3,474
3, 532
3,647
3,709
3, 633
3,732
78.2
Reserve ratio
- percent
78.3
73.0
73.3
74.2
74.5
74.9
75.3
76.4
77.1
77.6
78.1
78.1
Federal Reserve reporting member banksi
Deposits.
14,017
12,962
13, 263 13, 246
13,887
13, 598
14,018
14,090
13,578
Demand, adjusted*
.mills, of dol.. 14, 258 12, 231 12, 556 12,921
4, 909
Time
mills, of dol..
5,047
4,991
4,935
4,842
4,856
4,839
4,890
4,899
4,872
4,911
4,888
4,900
13, 229
Investments
mills, of dol
13, 452 11,804
11, 676
11,791
12, 034
12, 022
12, 390 12,476
12,480
12, 646
12,996
13, 047
U. S. Gov. direct obligations*
8,643
mills, of dol..
8,802
7,902
7,778
7,824
7,947
7,877
8,183
8,177
8,301
8,468
8,655
8,690
U. S. Gov. guaranteed issues*
782
791
972
1,265
mills, of doL.
1,281
1,017
1,035
1,094
1,133
1,137
1,126
1,172
1,201
3,321
Other securities*
mills, of dol_.
3, 369
3,120
3,107
2,995
3, 070
3.110
3,113
3,166
3,042
3,052
3,169
3,156
8,392
Loans total
mills, of doL
8, 343
8,155
8,111
8,037
7,811
7,817
8,030
7,902
8,152
8,249
7,999
7, 959
Acceptances and commercial paper*
352
346
403
375
322
306
310
324
329
353
362
360
349
mills, of dol._
1,144
On real estate * mills, of dol
1,141
1,119
1,157
1,147
1,136
1,135
1,144
1,146
1,140
1,136
1,142
1,146
114
83
65
162
67
103
75
87
81
150
76
66
To banks
- mills, of dol
88
3,304
3,274
3,128
3,208
3,006
3,156
3,076
3,009
3,095
3,108
3,219
3,117
On securities
mills, of dol
3,313
3, 485
3,300
3,261
3,277
3,190
3,380
3,340
3,401
3,304
3,288
3,401
3,281
3,495
Other loans*
..mills, of dol..
Interest rates:
H
Vs
X
X
X
X
X
X
X
X
X
X
Acceptances, bankers* prime
percent..
x>anK rates to cuBiomcro.
2.72
2.54
2.66
2.72
2.64
2.61
2.67
2.61
2.69
2.61
2.56
2.77
2.61
In New York City
percent..
In eight other northern and eastern
cities—
percent..
3.47
3.99
3.78
3.79
3.88
3.87
3.75
3.75
3.67
3.62
3.63
3.63
3.60
In twenty'Seven southern and western
4.44
cities
percent4.40
4.80
4.76
4.63
4.79
4.58
4.51
4.55
4.55
4.47
4.51
4.51
.75
.64
.25
.25
.25
.25
.29
.75
.75
.75
Call loans, renewal
percent.25
.75
. 75
3
3
•M.
%
%
Corn'! paper, prime (4-6 mos.)...percent._
A
H
U
A
X
u
1.50
Discount rate, N. Y. F. R. Bank ..percent1.50
1.50
1.50
1.50
1.50
1.50
1.50
1.50
1.50
1.50
1.50
1.50
4.00
Federal Land bank loans*
percent—
4.00
4.33
4.19
4.00
4.25
4.00
4.00
4.00
4.00
4.00
4.00
4.00
Intermediate credit bank loans...percent—
2.00
2.00
2.00
2.00
2.00
2.00
2.00
2.00
2,00
2.00
2.00
2.00
2.00
1
1
1
1
1
1
Time loans, 90 days
percent—
H-l
H
U
H
H
H
u
Savings deposits:
5,152
5,152
5,177
5,187
5,179
5,161
5,154
5,158
5,161
5,187
5,175
5,204
5,177
New York State
mills, of d o l U. b. Postal bavmgs.
Bal. to credit of depositors.thous. of doL. 1,215,170 «l,200,437 "1,205,213 °l,204,863 1,189,490 1,191,754 1,191,677 1,196,427 1,198,966 1,201,304 1,207,971 °1,213,765 1,215,825
Bal. on deposit in banks—thous. of dol— 200, 252 451, 563 411,714 384, 510 363. 001 347,870 318, 513 305,778 293,598 286,588 243, 702 °224, 497 201, 530
FAILURES <?
Commercial failures:
944
902
884
787
898
910
830
856
94">
Grand total
number..
1,083
1,004
1,077
1,056
59
58
53
47
43
46
47
62
67
48
41
Commercial service, total
number..
38
47
32
68
56
54
55
53
38
74
58
54
51
36
51
Construction, total
number..
180
172
166
172
132
143
210
169
180
174
137
161
158
Manufacturing, total
number
1
5
6
10
10
9
7
10
6
8
3
5
2
Chemicals and drugs.
__number..
50
37
39
37
48
40
43
35
34
45
57
38
40
Foods
number..
9
11
6
16
12
18
14
10
14
13
12
20
11
Forest products
.number
1
1
6
7
5
2
5
4
3
3
3
3
Fuels
number
11
8
5
13
8
5
9
9
7
6
5
7
6
Iron and steel
number..
10
8
9
7
7
9
8
7
4
4
8
10
Leather and leather products-number..
6
5
12
8
12
11
2
7
9
8
6
3
12
Machinery
number
Paper, printing, and publishing
17
13
19
14
4
9
10
12
12
8
12
13
10
nurnber__
° Revised.
*New series. For earlier data on the following subjects, refer to the indicated pages of the monthly issues. New series on "Brokers' Loans" for the period January
1929-December 1935 are shown on p. 19 of the March 1936 issue. For new series on bank rates to customers see p. 19 of the March 1936 issue. For new series on interest
rates of Federal land banks see p. 20 of the April 1935 issue. Data on excess reserves prior to September 1934 will be shown in a subsequent issue. See footnote below
n break-down of Investments and total loans. These 3 series represent a break-down of the investment total. Monthly data previous to October 1934 not available.
Data on acceptances and commercial paper, on real estate, to banks and other loans represent a break-down of the "All other" loans total which was published prior to
§Figure's subsequent to December 1933 represent gold certificates on hand and due from Treasury, plus redemption fund.
{Method of computing net demand deposits subject to reserve was changed by the "Banking Act of 1935" approved Aug. 23,1935. Consequently figures since that
date are not comparable with those for earlier periods. Data for months August 1934-August 1935 were incorrectly shown in the October 1935 issue.
IData on Federal Reserve Reporting Member Banks represent operations in 101 leading cities. These series, according to a statement in the Federal Reserve Bulletin
for November 1935, in the main, represent a continuation of the 101 city series published prior to the bank holiday. It is pointed out that although the banking crisis and
subsequent developments affected these series considerably, the data reflect the course of banking developments during the disturbed period. Data on 101 cities were last
shown in the May 1933 Survey for February 1933. Figures on the new basis not shown above will appear in a subsequent issue. Data on brokers' loans by reporting
member banks also represent a continuation of the series covering 101 cities last shown in the May 1933 Survey.
<$ Classifications have been changed and revised data prepared beginning with January 1934. These data are shown on p. 20 of the May 1936 issue.




33

SURVEY OF CURRENT BUSINESS

June 1936
Monthly statistics through December 1931,
together with explanatory footnotes and references to the sources of the data, may be found
in the 1982 Annual Supplement to the Survey

1936

1935

1936

April

Decem- January
August SeptemOctober November
ber
ber

Febru- March
ary

April

May

June

July

FINANCE—Continued
FAILURES}:—Continued
Commercial failures—Continued.
Grand total—Continued.
Manufacturing, total—Continued.
Stone, clay, and glass products
number..
Textiles
_
number
Transportation equipment-.number..
Miscellaneous
number..
Wholesale trade, total
number..
Retail trade, total
number..
Liabilities:
Grand total
thous. of dol._
Commercialservice,totaLthous. of dol._
Construction, total
thous. of dol..
Manufacturing, total
thous. of dol..
Chemicals and drugs._thous. of dol..
Foods
thous. of dol
Forest products
thous. of dol._
Fuels
thous of dol
Iron and steel.
thous. of dol..
Leather and leather products
thous. of doL.
Machinery
thous. of dol..
Paper, printing and publishing
thous. of dol. .
Stone, clay, and glass products
thous. of doL.
Textiles
thous. of doL.
Transportation equipment

4
48
2
18
93
506

10
34
5
20
93
680

1
43
2
27
79
630

5
40
4
18
88
589

14,157
567
1, 570
4, 959
108
762
169
122
154

16, 529
1,502
1,628
3,985
382
652
540
143
103

14,339
1,083
1,461
4,664
202
797
341
12
410

140
93

201
97

126
349

1,020

373

808
625

354
725

110
848
5,581
1,480

Assets, admitted, totalf
mills, of dol._ 19,627
4,325
Mortgage loans
mills, of dol_.
768
Farm.
_
mills, of dol
3,557
Other
mills of dol
Bonds and stocks held (book value):
9, 565
mills, of dol._
4,099
Government...
mills, of dol._
2,061
Public utility
mills, of dol
2,636
Railroad
mills, of dol_.
769
OtherA
mills, of dol__
Policy loans and premium notes
2,741
mills, of dol..
Insurance written:!
1,114
Policies and certificates
thousands
30
Group ._
.
thousands
868
Industrial
.thousands
217
Ordinary
«,
thousands..
743, 945
Value, total __ _
thous. of dol
Group
J. thous. of dol.. 37, 213
244, 3f,6
Industrial. ._ .
thous. of dol
Ordinary
thous. of dol._ 462, 376
Premium collections!
Annuities
Group
Industrial
Ordinary

Miscellaneous
thous. of dol
"Retail trade, total
thous. of doL.
Wholesale trade, total...thous. of dol..

6
51
17
81
551

10
32
3
10
94
557

1
30
2
17
71
489

5
48
6
18
81
633

5
39
3
23
65
559

6
47
1
28
75
548

5
39
4
25
89
704

1
30
2
21
98
544

7
27
3
23
88
602

12,918
1,177
1,079
3,580
91
560
484
138
57

16, 523
1,525
1,294
5, 237
88
1,347
150
525
631

13, 266
469
1,471
4,297
8
802
322
587
801

17, 002
2,602
1,185
2,840
260
1,029
71
58
65

17,185
1,187
2,792
4,984
122
1,038
1,026
77
210

14, 384
731
2,948
3,954
442
967
195
4
52

15, 686
2,969
1,971
4,358
196
645
905
831
198

18,104
1,867
2,435
5,834
184
1,588
925

14, 089
i 1404
1,819
3,360

95

1,164
340
99
227

16, 271
650
4,484
4,371
21
707
248
21
90

188
306

327
79

275

275
30

175
168

143
404

71
128

403
61

49
125

51
218

714

13

379

110

94

466

129

186

102

246

322

12
1,242

567
720

496
875

385
856

8
617

268
1,171

63
715

109
763

265
1,779

4
828

146
568

96
319
7,448
1,966

22
437
5,889
1,242

290
166
5,684
1,398

340
6,327
2,140

36
115
5,220
1,809

132
201
8, 539
1,836

68
195
5,904
2,318

353
487
5,371
1,380

10
316
4,777
1,611

72
360
6, 245
1,723

12
254
6, 651
1, 855

47
407
5, 503
1,263

18, 382
4,717
883
3,834

18,479
4,668
868
3,800

18, 567
4,631
855
3,776

18, 696
4,590
844
3,746

18, 786
4,552
831
3,721

18,887
4,517
821
3,696

18,990
4,502
820
3,682

19,109
4,480
812
3,668

19,196
4,448
807
3,641

19, 32R
4,420
799
3,621

19, 423
4, 383
789
3,594

19, 545
4, 348
776
3,572

8,201
3,087
1,850
2,643
621

8,327
3,163
1,881
2,639
644

8,375
3,199
1,888
2,637
651

8,531
3,264
1,973
2,623
671

8,639
3,318
1,998
2,627
696

8,693
3,385
1,979
2,633
696

8,854
3,515
1,997
2,635
707

8,945
3,569
2,045
2,622
709

9,161
3,801
2,015
2,596
749

9,242
3,889
1,998
2, 604
751

9, 265
3, 907
1,987
2, 604

9,468
4,039
2,041
2,614

2,841

2,834

2,829

2,821

2,813

2,807

2,797

2,786

2,777

2,766

1,151
32
854
265
733,870
37,495
228,188
468,187

1,103
38
804
261
732,188
50, 231
215,323
466,634

1,047
28
769
250
697,471
39, 537
205, 951
451,983

1,161
167
756
238
904,149
267, 582
203, 465
433,102

1,022
24
764
234
651,193
26, 524
208, 508
416,161

942
20
716
206
573, 481
22, 501
190, 044
360,936

1,229
26
934
269
728,438
31,338
233,988
463,112

1,047
25
775
248
700, 059
36,981
207,408
455, 670

1,034
65
692
277
788,003
74, 606
187, 874
525, 523

252 982
29' 231
8,580
54, 625
160, 546

255,226
33,800
8,966
48, 658
163,802

242, 554
30, 611
8,415
52,331
151,197

269,121
39,836
9,567
55, 488
164,230

240,321
32, 591
9,281
51, 561
146,888

225, 617
24, 716
8,537
53,941
138, 423

246, 754
31,413
8,546
49, 789
157,006

251, 726
33,624
8,515
54,002
155, 585

349,
64,
10,
94,
180,

540
226
54
66
194

500
203
52
62
183

490
201
51
59
179
126

483
199
50
58
176

456
183
50
57
166

414
168
44
53
149

502
215
51
60
176

495
208
51
60
176

K

12

LIFE INSURANCE
(Association of Life Insurance Presidents)

thous. of dol._
thous. of dol
thous of dol
thous. of dol__
thous of dol

767

774

2,756

2, 748

949
30
703
216
681,506
40,981
193,344
447,181

996
24
769
203
665,140
30, 498
212, 055
422, 587

1,150
32
890
228
775, 982
56, 213
246,011
473, 758

903
656
681
212
354

286,015
52, 382
10,836
53, 805
168, 992

252,
26,
9,
56,
160,

542
254
452
245
091

262, 030
31,136
9, 791
58, 223
162, 880

576
233
64
69
210
118

479
203
49
54
173

460
198
47
52
163

525
222
56
62
185

(Life Insurance Sales Research Bureau)
Insurance written, ordinary, total
mills, of doL.
Eastern district.
mills, of dol
Far Western district.
mills, of dol._
Southern district
mills, of dol_.
Western district
mills, of dol__
LaDse rates
1Q25 26—100

506
210
56
62
178

MONETARY STATISTICS
Foreign exchange rates:#
.330
.333
.330
.322
. 326
.329
.331
.328
.329
.327
.329
.331
. 331
Argentina* _„
dol. per paper peso
.169
.170
.169
.169
.169
.169
.169
.169
.169
.169
.169
.168
. 170
Belgium
dol per belga
.084
.083
.084
.084
. 086
.083
.083
.084
.084
.083
.083
.084
.085
Brazil
dol. per milreis
1.001
.995
.998
.999
.999
.998
.990
.995
.989
.999
.993
.986
.998
Canada . _.
dol. per Canadian dol
.051
.051
.051
.051
.051
.051
.051
.051
.051
.051
.051
.051
.051
Chilef
dol. per peso..
5.00
4.84
4.89
4.93
4.96
4.97
4.93
4.94
4.92
4.96
4.93
4.91
4. 97
England
.dol. per £_.
.066
.066
.067
.066
.066
.066
.066
.066
.066
.066
.066
.066
.066
France
.
dol. per franc
.404
.404
.402
.402
.402
.404
.407
.403
.402
.402
.402
.403
.404
Germany
dol per reichsmark
.372
.373
.372
.377
,375
.375
.364
.369
.372
.371
.373
.370
.375
India
.
dol. per rupee..
.082
.084
.083
.082
.081
.083
.082
.081
.083
.079
.081
.081
.080
Italy..
_
dol. per lira..
.292
.291
.293
.287
.290
.290
.289
.284
.287
.287
.289
.287
.289
Japan
dol. per yen..
.680
.687
.678
.676
.682
.679
.675
.679
.678
.677
.678
.676
.684
Netherlands..
dol. per florin
.137
.138
.137
.137
.137
.137
.137
.137
.137
.136
.137
.137
.137
Spain
dol. per peseta..
.252
.254
.256
.256
. 254
. 258
.254
.254
.255
.255
.249
.253
. 256
Sweden
dol. per krona..
.803
.804
.805
.805
.801
.802
.799
.802
.802
.802
.801
.798
.800
Uruguay
dol. per peso..
t See footnote on p. 32 marked "«?."
t Revised series. For earlier data see pp. 18,19, and 20 of the July 1933 issue, insurance written and admitted assets; p. 18 of the June 1933 issue, premium collections.
i The nominal official gold value of the Chilean peso was changed from 3 pence gold to 1^ pence gold as of Jan. 2, 1935.
# Par values of foreign currencies as given on pp. 86 and 87 of the 1932 annual supplement were changed with the reduction in gold content of the United States dollar.
• Quotation based on paper peso since Dec. 10, 1933, instead of gold peso as formerly. Former equivalent to 44 percent of latter. See note on p. 56 of the March 1934
issue.
AThe figures for "other" bonds and stocks held (book value) for the months of January and February 1934 shown as 611 and 616 million dollars, respectively, in the
monthly
issues from May 1934 to April 1935 should read 514 for January and 518 for February.




34
Monthly statistics through December 1931,
together with explanatory footnotes and references to the sources of the data, may be found
in the 1932 Annual Supplement to the Survey

SURVEY OF CURRENT BUSINESS
1936
April

1935

April

May

June

July

August

June 1936
1936

loctoberlNo^m- Decem-

Janu- I February
ary

March

FINANCE—Continued
MONETARY STATISTICS-Continued
Gold and money:
Gold:
8,641
10,172
9,025
9,246
Monetary stocks, U. S
mills, of doL. 10,202
8, 755
9,180
9,545
9,777
9,128
10, 072 10,158 10,163
Movement, foreign:
-155
1,250 -1,745 - 9 , 506
- 2 , 301 —1,535
1,015
969
1,796
-1,864
998
-423
573
Net release from earmark_thous. of dol—
51
170
2,315
338 23, 637
62
49
86
166
59
102
242
Exports
thous. of doL.
76
7,002
7, 795
190,180
45, 981
Imports
thous. of doL. 28,106 148,670 140, 065 230, 538
16,287
46, 085 156,805 314,424 210,810
Net gold imports, including gold re6,449
43, 898 -26,141
leased from earmarkA*thous. of dol._ 27, 900 146, 307 138, 481 231, 370
47, 779 157, 734 313, 484 211.141 191, 260
15, 805
869, 956 916, 035 889.026 927, 803 929, 331 902, 333 931, 724 909, 550 906, 496 924, 081 894, 624 933, 000
Production, Rand
fine
ounces..
193,107 120, 712 125, 529 156,435
97, 080 114, 552 112,619 167, 667 155, 793 173,899
Receipts at mint, domestic.fine ounces __ 163, 674
191,898 149,144
5,892
5,779
5,897
5,500
5,522
5,576
5, 651
Money in circulation, totaL_mills. of dol__
5, 507
5,550
5,704
5,770
5,857
Silver:
535
141
769
253
1,472
237
1,593
512
2,885
1,717
2.009
1,547
260
Exports.
_thous. of doL.
4,490
17, 536
47, 603 58,483
8,115
11,002
13, 501
10,444
45, 689
60, 065
30, 230
30, 820
48, 898
Imports
thous. of dol—
.449
.448
.448
.584 1 .473
.678
.744
.719
.654
.654
.682
.664
.654
Price at New York..
dol. perfineoz_.
20, 527
14, 550
16, 072
15,157
19,111
15, 854 « 22, 781 19, 501
17, 309
19,927
17,121
Production, world •
thous. offineoz._
1,941
1,414
1,244
1,001
1,896
1,185
1,300
1,148
1,703
1.03J
1,156
1,845
Canada
thous. offineoz_.
9,600
7,159
6,
862
5,192
7,444
3,844
5,193
5,432
8,553
5,237
6,454
Mexico
thous. offineoz._
3,688 ° 4, 374 a 5, 056
3,548
3,814
2,579
4,008
2,693
2,387
3,352
5,329
3,170
United States
thous. offineoz__
Stocks, refinery, end of month:
1,058
1, 873
2,372
1,109
1,487
1,691
3,280
2,351
538
1,757
1,913
1.076
United States
thous. offineoz__
658
730
2,112
1,746
2,513
1,576
570
1,930
1,605
Canada
thous. offineoz__
1, 418
1,842
NET CORPORATION PROFITS
(Quarterly) +
199.8
147.6
124.7
Industrial corporations, total--mills, of dol—
75.1
35.5
68.8
Autos, parts and accessories—mills, of dol__
41.6
31.6
24.2
Chemicals
mills, of dol..
19.6
18.0
16.0
Food products and beyerages.mills of dol__
Machinery and machine manufactures
6.2
7.4
7.3
mills, of dol._
4.0
3. 0
1.9
Metals and mining
..mills, of dol—
6.6
10.1
11.3
Oil
.mills, of dol__
4.6
14.6
2.7
Steel
mills, of dol__
17.1
27.4
17.5
Miscellaneous
mills, of doL.
Railways, class I (net operating income)
126.3
110.0
mills, of dol—
47.4
Telephones (net op. income)...mills, of dol_.
53.3
48.3
Other public utilities (net income)
42.4
39.3
mills, of dol—
49.7
PUBLIC FINANCE (FEDERAL)
29, 421 29,462 29, 634 30, 557 30, 516 30, 520 31, 459
29,033
Debt, gross, end of month
mills, of dol__ 31,425
28,638
28, 701
28,668
29,120
Expenditures, total (incl. emergency) c?
thous. of dol__ 681, 507 815,151 '283. 651 930,747 847,317 701,774 457,776 870,626 573,013 694,383 487, 274 517,044 643, 098
Receipts, totalf
thous. of dol._ 258,759 267, 822 266,178 496, 042 301,883 330, 301 586, 339 288, 867 284, 636 479, 722 279, 556 250, 705 779,521
29, 704 33,276
30, 339
28,177
31, 226 29,123
31,453
37,127
33, 599 33,087 35, 342
29,711
Customs
thous. of dol.. 32, 226
Internal revenue, total
thous. of dol_. 202, 780 194, 083 206, 677 427,906 236, 962 229, 639 378, 870 192, 218 184,096 275, 487 183, 765 185, 001 691, 051
28, 213 21,753 228, 999 36,061
24,385
43, 610 404, 209
23,172 230, 227
24, 835 251,889
23,963
Income tax
thous. of dol— 35,127
Taxes from:*
Admissions to theaters, etc.
1,266
1,314
1,211
1,755
1,344
1,489
1,158
1,460
1,867
1, 255
1,174
1,405
1,277
thous. of dol—
Capital stock transfers, etc.
2,992
2,132
1,860
1,934
3,818
1,155
1,458
2,894
2,871
1,623
thous. of dol..
3,911
4,033
2,925
Sales of produce (future delivery)
174
165
282
202
264
299
263
367
275
319
262
238
256
thous. of dol—
321
336
424
319
571
253
339
200
643
730
601
Sales of radio sets, etc.—thous. of dol—
292
146
Reconstruction Finance Corporation loans
outstanding, end of month:f§
Grand total
thous. of dol.. 2,634,619 2,644,990 2,659,850 ,747,497 2,813,311 2,822,360 .2,829,186 2,811,325 2,795,737 2,736,181 2,745,586 2,709,238 2,653,750
Total section 5 as amended
thous. of dol.. 847, 934 1,163,714 1,160,976 1,137,162 3,102,849 1,082,977 1,061,465 1,032,390 1,004,374 970,288 932,097 907, 768 855,495
Bank and trust companies, including
receivers
thous. of dol— 277, 383 519, 200 498, 977 480, 404 455, 928 441,825 427, 657 411,729 387, 288 381, 206 356, 775 337, 598 288, 465
Building and loan associations
5, 631
8,854
7,359
5, 233
11,182
9,494
6,138
10, 294
8,359
7, 866
6, 743
9, 80S
10, 307
thous. of dol—
5, 750
9,372
5,231
6,460
21,157
19, 841
17,163
10,011
6, 075
19, 231
18,052
17, 628
Insurance companies.-thous. of dol..
5,881
Mortgage loan companies
124, 767
thous. of dol.. 125, 347 148, 861 146,257 145, 551 139, 972 136,396 132, 346 131,771 131, 394 128,215 126, 826
125, 675
Railroads, incl. receivers
389, 239
thous. of dol._ 394,168 386, 612 413,414 414, 344 413,338 413,350 412, 903 412, 810 412, 795 396,250 393, 712
390, 202
All other under section 5
62, 442 57, 710 55, 659 50,798
41, 643
65, 252
40, 966
72,193
67, 824
76, 702
64, 284
thous. of dol._ 40, 572
42, 274
Total Emergency Relief and Construc775,291
tion Act as amended.thous. of dol— 760, 622 502, 596 512, 671 614,743 700,359 724, 797 746, 800 751,487 758,373 732, 724 769, 395
771, 307
Self-liquidating projects
159, 672
thous. of dol— 163, 601 134,268 137,311 146,457 148, 525 154,690 168, 259 168, 266 173,139 146, 309 153, 684
155, 323
Financing of exports of agricultural
14,300
14, 300 14, 027 14, 027
47
14, 531
14,517
14,300
14,926
14,517
13, 584
14,962
surpluses
thous. of dol_.
14,027
Financing of agricultural commodi62, 744 156, 066 239, 629 257, 969 267,142 272,118 274,233 275, 761 305, 058
305, 567
55, 656
ties and livestock
thous. of dql_. 300, 538
305, 332
Amounts made available for relief
296, 468
and work relief
thous. of dol— 296, 436 297,710 297, 690 297, 689 297, 688 297, 621 297,099 296,803 296, 701 296, 627 296, 626
296, 625
Total Bank Conservation Act as
877, 724
amended
thous. of dol. 877, 591 900,013 902,099 905,262 903,508 902,629 904,341 906,900 907, 270 899,486 905,168
888,397
I
Other loans and authorizations
145, 240
84,104
90, 330 106, 595 I 111,957 116, 580 120, 548 | 125,720 133, 683 138, 926
78, 667
thous. of dol— 148, 472
141, 766
AOr exports (—).
° Revised.
* Preliminary.
•Data are compiled by the American Bureau of Metal Statistics and represent the estimated world output. The series for the period January 1928-August 1934 presented
in the SURVEY covered the principal producing countries which produced the following percentages of the world total: 1928, 87.9; 1929, 87.1; 1930, 85.5; 1931, 82.0; 1932, 75.5;
and 1933, 77.5.
cf Series revised to include emergency expenditures. Figures as shown in SURVEY for months prior to May 1932 are comparable with this series. Comparable figures
for the period May 1932 to March 1933 are on p. 33 of the June 1934 issue. Later data are shown in monthly issues.
" The item of $333,245,378 carried by the Treasury as a credit under the trust funds for May 1935 represents a transfer of that amount from the general fund to the
trust funds. Amount represents deposits of governmental agencies for which Treasury has been acting as fiscal agent. The amount therefore has not been included in
the May 1935 total of receipts and expenditures.
IFor 1934 includes $2,808,221,138 for February, $2,233,252 for March, $409,052 for April, $298,868 for May, $213,447 for June, $272,163 for July, $268,204 for August, $134,843
for September, $173,702 for October, $116,585 for November, $132,296 for December. For 1935 includes $123,639 for January, $68,241 for February, $157,326 for March, $89,144
for April, $96,103 for May, $105,773 for June, $65,219 for July, $62,055 for August, $62,936 for September, $56,256 for October, $65,780 for November, and $70,889 for December.
For 1936 include $60,222 for January, $43,460 for February, $58,427 for March, and $155,254 for April, representing the increment resulting from reduction in weight of the
gold dollar.
* For earlier data on net gold imports see p. 20 of the December 1932 issue. For new series for internal revenue tax receipts from admissions to theaters, capital stock
transfers, and sales of radios, see p. 20 of the Feb. 1936 issue. For new series on sales of produce (future delivery), see p. 19 of the April 1936 issue.
§This excludes relief grants to States by the R. F. C. 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, arid 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.
http://fraser.stlouisfed.org/
tRevised series. All series of corporation profits unused for period 1928-35. Revisions not shown above will appear in a subsequent issue. The data of the Reconstruction
Corporation has been revised to include the statistics of certain loaning agencies of the Corporation not included heretofore and for revisions made in recent.
Federal Reserve Bank
of Finance
St. Louis

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

35

SURVEY OF CURRENT BUSINESS

June 1936
1936
April

April

May-

July

June

1935

1936

Decem- January
August SeptemOctober November
ber
ber

February

March

212, 089
27,113
31, 464

583, 391
81, 519
28, 793

FINANCE—Continued
CAPITAL FLOTATIONS
New Security Registrations Fully
Effective
(Securities and Exchange Commission)
Estimated gross proceeds:*
Total
..thous. of doL. 751,013
Common stock
thous. of dol 168,638
Preferred stock
thous. of dol
53,973
Certificates of participation, etc.
thous. of dol_. 35,373
Debentures and short term notes
thous. of dol.. 113,593
Secured bonds
thous. of doL. 379,436
Securlties Issued
(Commercial and Financial Chronicle)^
Total, all issues.
thous. of dol__ 1,020,032
Domestic, total
thous. of dol-_ 988,532
Foreign, total
thous. of dol.. 31, 500
Corporate, total
.thous. of dol__ 687,751
Industrial
thous. of dol— 236, 693
0
Investment trusts
thous. of dol._
0
Land, buildings, etc
..thous. of dol—
0
Long-term issues
thous. of dol—
Apartments and hotels
0
thous. of dol._
0
Office and commercial.thous. of dol._
Public utilities
thous. of dol— 315, 587
Railroads
.thous. of dol._ 122,197
13,273
Miscellaneous
thous. of dol
Farm loan and Gov't agencies •
thous. of dol.. 198,718
Municipal, States, etc.
_thous. of dol._ 102, 063
Purpose of issue:
New capital, total
_..thous. of dol._ 176, 672
Domestic, total
thous. of doL. 176, 672
Corporate
thous of dol 127, 879
Farm loan and Gov't agencies
0
thous. of dol—
Municipal, States, U. S. possessions,
48, 793
etc
__ __ _ thous. of dol
0
Foreign
thous. of dol—
Refunding, total
thous. of dol_. 843,360
559,
872
Corporate
thous. of dol—
Type of security, all issues:
Bonds and notes, total
thous. of dol— 955, 533
Corporate
thous. of dol— 623, 252
Stocks
thous. of dol.. 64, 498
Bond Buyer
State and municipals:
Permanent (long term)
thous. of dol—
Temporary (short term)
thous. of dol—
COMMODITY MARKETS
Volume of trading in futures:*
Wheat
thous. of bu._ 800,684
Corn
thous. of bu._ 92, 053
SECURITY MARKETS
B o n d s
Prices:
93.90
All listed bonds (N. Y. S. E.)
dollars96. 69
Domestic issues
dollars
79.21
Foreign issues
dollars._
JJomestic (JJow-Jones) (W)
94.
97
percent of par 4% bond..
industrials \i.\))
101.
39
percent of par 4% bond—
.ruDiic utilities (,iu;
98.14
percent of par 4% bond_.
Rails, high grade (10)
126.
22
percent of par 4% bond..
Rails, second grade (10)
70.70
percent of par 4% bond.107.9
Domestict (Stand. Stat.) (60)
dollars..
U. S. Government (Stand. Stat.)*.dollars.. 107.82
62.97
Foreign (N. Y. Trust) (40)—percent of par „
Sales on registered exchanges (Securities
and Exchange Commission):*
Total on all exchanges:*
Market value
thous. of dol._ 251,878
Par value
thous. of dol._ 301,433
On New York Stock Exchange :+*
Market value
thous. of dol_. 197,277
Par value. __ _ __.
thous. of dol 236,792
Sales on the New York Exchange excl. of
stopped salest (Dow-Jones):

154, 597
37, 235
32,316

140, 208
27, 690
2, 034

192,631
35, 247
4,514

530, 475
77,428
25, 550

254, 062
24,986
24, 547

319,874
62,151
16, 714

406,087
25,425
31, 047

289,772
55, 309
7,080

212,085
41, 286
20,873

275, 696
27, 278
3,125

2,767

205

25,961

11, 503

6,235

83,700

1,505

4,777

11,027

13, 708

7,442

7, 515
74,763

29, 050
81,229

29,488
123,382

49, 284
352,253

90,846
102,181

77,749
157, 026

83,558
182, 357

31, 786
194, 093

55, 219
89, 930

19,350
214, 916

41,125
98, 679

130,921
334, 716

507,456
507,456
0
155,878
21, 200
0
568
568

472, 429
472, 429
0
126, 760
86,700
0
325
325

512, 900
512, 900
0
129,164
28, 500
0
0
0

644, 509
644, 509
0
541,975
173, 433
0
0
0

437,127
361,127
76, 000
209, 862
92, 378
0
5, 660
5,G60

437,425
437,425
0
275, 854
94, 707
0
475
475

368,121
368,121
0
252,395
65,499
4,000
482
482

382, 221
382, 221
0
250, 503
32, 750
0
600
600

462,422
422, 422
40, 000
167, 355
54, 504
2,000
250
250

410,824
354, 824
56,000
273, 907
150, 589

301, 978
301, 978
0
194, 613
37, 501

250
0

5,250
0

767, 351
743,851
23, 500
594, 853
101, 823
0
0
0

0
0
84,339
27, 400
22, 372

0
0
19, 500
20, 235

0
0
88,164
12, 500
0

0
338,591
651
29, 300

0

0
0
35,412
73,412
3,000

0
0
164,172
16, 500
0

0
0
180, 644
0
1,770

0
0
217,153
0

0
0
83,343
21,090
6,168

0
0
28, 550
94, 519

0
0
135, 450

o

16, 413

0
0
260, 779
223, 391
8,850

195, 500
156, 078

267. 394
78, 275

319, 000
64, 736

10, 500
92,034

85, 562
65, 703

12, 700
148, 871

38, 962
76, 764

17, 254
114,464

121, 500
133, 567

200
88, 717

10,200
97,165

20, 000
128,999

89, 508
89, 508
21,988

81, 764
81, 764
45,193

55, 457
55, 457
13,676

127,127
127,127
55,090

148,210
148,210
29, 795

172, 745
172, 745
45,087

148,462
148, 462
73,003

119,794
119,794
33, 289

221, 207
221, 207
66, 738

123, 253
115, 253
72, 935

106,739
106, 739
13, 473

129,527
129,527
58,816

o

o

3,500

0

0

0

85, 262

0

15, 000

0

40, 290

0

4,000

11, 000

64, 020
0
417, 948
133, 891

36, 571
0
390, 665
81, 567

41, 781
0
457,443
115, 488

72, 037
0
517, 382
485, 885

33,153
0
288,917
180,067

127, 658
0
264,679
230, 767

60, 459
0
219,659
179,392

86, 505
0
262,426
217, 215

114,179
0
241,216
100, 617

50, 318
8,000
287, 571
200, 973

89, 266
0
195, 23 P
181,141

59,711
0
637, 824
536,037

483,084
131,507
24, 372

466, 229
120,560
6,200

512, 900
129,164
0

611,276
508, 742
33, 233

412, 765
185, 499
24,362

433, 598
272, 027
3,827

349, 500
233, 774
18, 621

378,471
246, 753
3,750

427,960
132, 893
34,462

406, 635
273,907
4,189

280, 815
173, 450
21,163

743, 659
594, 853
23, 692

159,223
84, 680

86, 580
34,427

68, 303
36, 037

94,330
83, 796

52, 743
32,941

115,116
81, 713

70,228
124, 087

137,145
16,061

126, 454
30, 298

« 93, 636 «94, 308
22,800
118, 586

117,842
37, 219

733,425
329, 843

637,996
240, 347

651,755 1,157,598
219, 502 192, 253

917, 282
185, 330

901, 531 1,074,776
136,306 197, 332

626,949
119,961

569, 673
100, 377

448,466
53, 744

321, 637
45, 297

466,193
52,161

90.69
92.95
79.50

90.62
92.81

91.08
93.69

93.59
96.16
80.87

94.44
97.22
80.32

94.47
97.26
79.76

78.37
80.47

91.71
94.12
79.74

90.54
93.07
78.12

89.93
92.65

79.84

91.62
93.94
80.17

76.73

90.23
92.84
77.62

78.45

91.85
94.47
79.03

79.60

81.08

81.95

81.90

81.82

79.51

83.52

86.50

92.72

96.41

96.50

82.97

83.35

86.97

87.35

88.87

89.77

92.38

97.56

102. 88

103.57

101. 76

89.07

90.09

89.87

91.81

91.36

92.08

92.61

92.96

92.83

97.94

99.13

97.51

112. 58

113. 57

115. 07

116. 65

113.83

113.83

112. 55

114.32

116. 92

120. 77

123. 69

126.34

54. 04
100.0
107. 30
66.07

54.66
101. 2
107. 40
65. 61

57.10
102.2
107. 27
65.92

56.01
104.2
107. 52
64. 49

56.60
104.2
107.11
62.36

55.58
103.1
106.11
61.79

51.31
101.9
106. 06
62.71

56.93
103. 5
106.45
59.93

59.99
104.5
106. 53
63.43

66. 96
106.5
106. 84
63.93

73.18
107.8
107.11
64.47

74.32
108. 4
107. 68
63.54

319, 926
404, 335

335,465
429, 924

289, 247
377, 319

283,146
363,194

323,438
414, 036

271, 503
333, 012

302,178
387,152

296, 212
405,138

314,083
448, 712

443, 264
622, 546

395, 266
511,121

336, 206
410,410

232, 555
290,102

239, 044
306, 224

210,737
274, 661

198,131
256, 235

245, 922
306,890

217, 726
262,489

229, 642
291,123

217, 954
304, 219

23^, 442
352,057

338, 695
492, 214

305,052
402, 610

361, 553
323, 695

Total .
_
thous. of dol 774, 052 265,990 284,155 263,350 235, 675 286, 903 249, 795 275, 727 301,977 314,429 476,137 175,145 2,275,275
Liberty and Treasury bonds
60,483
61, 840
42,175
23,471
73, 674
64, 422
51,997
19, 252
20, 464
33,118
10,000 1,809,000
thous. of dol— 594, 053
° Revised.
• Has included since July 1934 other than farm loan issues for which Treasury has acted as fiscal agent.
t Revised series on domestic bond prices for July 1931-February 1933 appeared on pp. 19 and 33 of the April 1933 issue.
* New series. Data on new security registrations fully effective for the period September 1934-December 1935 and volume of trading in futures for the period January
1919-December 1935 are shown on p. 20 of the March 1936 issue. For new series on U. S. Government bond prices see p. 20 of the June 1933 issue. New series on bond
sales on all registered exchanges (market and par value) and on the New York Stock Exchange (par value) are shown on p. 20 of the April 1936 issue for the period October
1934-February 1936.
$ The difference in the figures covering bond sales on the New York Stock Exchange (par value) is due to stopped sales being included in the figures of the Securities
and Exchange Commission (total) beginning April 1935.

1 Data for the year 1935 revised by reporting source. See p. 35 of the April 1936 issue.



36
Monthly statistics through December 1931,
together with explanatory footnotes and references to the sources of the data, may be found
in the 1932 Annual Supplement to the Survey

SURVEY OF CURRENT BUSINESS
1935

1936

April

June 1936

April

May

June

July

1936

DecemAugust SeptemOctober November
ber
ber

January

Febru- March
ary

FINANCE—Continued
SECURITY M A R K E T S - C o n t i n u e c i
Bonds—Continued
Value, issues listed on JV. Y. S. E.:
Par, all issues
..mills, of dol_.
Domestic issues
mills, of dol._
Foreign issues
..mills, of doL.
Market value, all issues
mills, of dol__
Domestic issues
mills, of doL.
Foreign issues
mills, of d o L .
Yields:
Domestic (Standard Statistics) (60)t
percent..
Industrials (15)..
percent..
Municipals (15)t
percent..
Public utilities (15)
percent.Railroads (15)
percent..
Domestic, municipals (Bond Buyer) (20)
percent..
Domestic, U. S. Government:
U. S. Treasury bonds*
percent..

Cash Dividend and Interest Payments
and Rates

Dividend payments (N. Y. Times)
thous. of doL.
Industrial and miscellaneous
thous. of doL .
Railroad
thous. of dol..
Dividend payments and rates (Moody's):
Dividend payments, annual payments at
current rate (600 companies)
mills, of dol..
Number of shares, adjusted
millions..
Dividend rate per share, weighted average
(600)
dollars..
Banks (21)
_
dollars..
Industrial (492)
..dollars..
Insurance (21)
dollars..
Public utilities (30)
dollarsRailroads (36)
dollars..
Stocks
Prices:
Dow-Jones:
Industrials (30)
dol. per share..
Public utilities (20)
dol. per share..
Railroads (20)
dol. per share..
New York Times (50)
dol. per share..
Industrials (25)
-dol. per shareRailroads (25)
dol. per share..
Standard Statistics (421)
1926=100..
Industrials (351)
1926=100._
Public utilities (37)—..
1926=100.
Railroads (33)...
1926=100..
Banks, N . Y. (20)
....1926=100.
Fire insurance (20)
—1926=100..
Sales:
Market value of shares sold:
All registered exchanges, total*
thous. of doL.
On New York Stock Exchange*
t h o u s of d o l
Volume of shares sold:
'
~
On all registered exchanges, total*
thous. of shares._
On New York stock exchange: t
Total (Sec. and Exch. Com.)
thous. of shares..
Total excl. of odd lot and stopped sales
(New York Times).-thous. of shares..
Values, and shares listed, N. Y. S. E.:
Market value all listed shares.mills. ofdoL.
Number of shares listed
millionsYields:
Preferred, Standard Statistics:
Industrials, high grade (20)
percent..
Stockholders ( C o m m o n 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.

44,223
37,150
7,073
41, 525
35,922
5,603

44, 267
36, 856
7,411
40,147
34, 256
5,891

43,720
36, 322
7,397
39,618
33, 712
5,906

43,511
36,172
7,339
39, 864
33,980
5,884

43,026
35, 694
7,332
39,457
33, 597
5,860

43,145
35, 825
7,320
39, 062
33,343
5,719

42,671
35, 391
7,280
38,375
32, 789
5,586

42, 303
35,054
7,249
38,171
32, 543
5,627

42,232
34,987
7,245
38, 465
32, 781
5,684

42,893
35, 619
7,274
39,399
33,650
5,749

43,113
35,851
7,263
40, 348
34, 475
5,873

43,015
35, 934
7,082
40, 625
34, 936
5,688

44, 255
37,196
7,059
41,807
36,177
5,630

3,90
4.38
2.76
4.00
4.45

4.34
4.77
3.25
4.41
5.18

4.32
4.65
3.27
4.36
5.00

4.26
4.63
3.25
4.34
4.82

4.13
4.53
2.95
4.23
4.81

4.13
4.54
2.87
4.23
4.88

4.20
4.54
3.08
4.26
4.90

4.28
4.51
3.16
4.31
5.12

4.18
4.42
3.02
4.15
5.12

4.11
4.44
2.97
4.17
4.87

3.99
4.29
2.93
4.09
4.63

3.90
4.27
2.86
4.04
4.43

3.87
4.32
2.78
4.01
4.37

3.12

3.39

3.46

3.31

3.25

3.34

3.51

3.34

3.23

3.25

3.11

3.04

3.03

2.51

2.64

2.61

2.61

2.59

2.66

2.78

2.77

2.73

2.73

2.68

2.62

2.54

162,174

130,960

256, 594 185,306

157,809

398,021

155, 519 124, 225 296, 470 193, 848 132,174 239, 561 181,997
6,655
6,735 27,053
3,308
25, 405 13, 603 17,033

151,055
6,754

369, 279 280, 609 184, 035 259,487
14,162
28, 742 20,794 44,035

1355-8
923.92

323, 523 219, 253 145,777

301, 403 228,328

273, 649 200,042
192,324
7,718

1,184. 4 1,186.1 1,186. 9 1,190. 2 1, 225.0 1, 230. 6 1,243. 7 1, 296. 5 1, 298. 7 1,311.5 1,337. 2 1, 345. 5
918.42 918. 42 918. 42 918. 42 918. 42 918. 42 918. 42 923. 92 923. 92 923. 92 923. 92 923. 92

1.47
2.98
1.34
2.39
1.86
1.21

1.29
3.28
1.10
1.91
1.86
1.24

1.29
3.28
1.10
2.07
1.84
1.24

1.29
3.19
1.10
2.17
1.84
1.24

1.30
3.19
1.11
2.23
1.83
1.21

1.33
3.19
1.16
2.23
1.83
1.21

1.34
2.99
1.17
2.23
1.83
1.21

1.35
2.99
1.19
2.23
1.83
1.21

1.40
2.97
1.26
2.23
1.83
1.24

1.41
2.98
1.26
2.37
1.86
1.21

1.42
2.98
1.28
2.39
1.86
1.21

1.45
2.98
1.32
2.39
1.86
1.21

1.46
2.98
1.33
2.39
1.86
1.21

155.8
31.7
47.2
121. 63
206.14
37.10
106.6
122.7
99.4
47.7
64.0

106.0
17.9
30.1
85.68
147. 56
23.81
67.5
78.9
59.1
29.4
47.4
75.2

113.5
19.2
31.0
89.84
155. 64
24.05
73.1
85.5
64.5
31.0
47.3
79.2

116.9
21.4
32.5
95.83
166. 03
25.63
76.0
88.0
70.4
32.7
49.8
83.2

122.7
22.5
33.6
98.91
171. 78
26.05
79.4
91.7
73.9
34.1
56.8
89.7

127.1
25.9
35.4
102.59
177. 22
27.96
83.3
95.2
81.6
35.9
61.7
93.3

131.5
25.7
36.0
105. 78
183. 20
28.37
85.0
97.5
81.9
37.0
56.6
93.0

130.4
26.0
33.8
108.16
189. 58
26.74
86.1
99.5
82.1
34.5
55.8
92.8

144.3
28.9
37.0
113. 80
197. 63
29.97
94.2
108.4
91.0
38.3
63.5
96.0

141.8
28.8
40.3
111.27
190.86
31.69
95.7
109.8
92.0
41.4
69.1
101.7

145.9
30.9
43.3
116. 06
197. 67
34.46
101.7
116.0
99.1
45.2
70.5
107.5

151.8
32.5
48.5
120. 00
201.17
38.84
106.7
121.5
103.0
49.6
65.8
106.8

155.9
30.9
48.0
120. 95
203. 97
37.94
108.7
124.6
102.8
49.2
66.4
102.1

1,936,373 875,333 1,214,893 987,346 1,138,644 1,610,330 1,407,019 1,912,161 2,250,677 1,979,149 2,439,219 2,503.129 2,429,960
1,680,019 746,776 1,034,753 852,493
77,916

41, 662

53, 511

41,822

990,281 1,392,860 1,241,475 1,659,690 1,952,075 1,738,247 2,069,564 2,140,084 2,092,308
48,696

79,180

59,433

81,106

99,864

82,870

119, 592 120, 963 101,923

56,935

29,916

39, 552

31,490

37, 782

60,372

46, 531

62,555

77,474

63, 344

87, 502

85, 305

75,532

39, 616

22,408

30,438

22,340

29,429

42,923

34,748

46,663

57,463

45, 590

67,211

60, 871

51,025

47, 774
1,337

33, 548
1,302

34, 549
1,304

36, 227
1,304

38,913
1,308

39,801
1,307

40,479
1,307

43, 002
1,307

44,951
1,309

46,946
1,318

50,165
1,321

50, 202
1,323

51, 668
1,330

5.04

5.30

5.19

5.22

5.19

5.17

5.19

5.19

5.12

5.11

5.10

5.05

671, 324
7,847
231,970
3,145
190,375
4,021
19.55

664, 095
7,816
230, 086
3,126
187, 533
3,979
20.40

657, 651
7,825
227, 251
3,111
184, 680
3,925
21.56

5.02
653, 435
7,859
225,120
3,101
181, 493
3,870
21.75

FOREIGN TRADE
^




CD OO

INDEXES
48
51
51
59
52
46
52
44
58
Exports, unadjusted
1923-25=10043
45
71
45
Exports, adjusted for seasonal variation
53
51
52
53
50
50
62
45
49
48
51
46
1923-25=100..
62
60
63
55
52
50
59
52
58
Imports, unadjusted
1923-25=100..
53
53
49
Imports, adjusted for seasonal variation
60
55
58
59
52
52
58
57
49
51
54
53
58
Quantity exports:
1923-25=100..
Total, agricultural products:
44
44
39
64
96
64
51
41
87
128
51
40
36
Unadjusted
1910-14 = 100..
54
64
76
52
52
59
57
58
Adjusted*
1910-14=100..
55
98
48
44
48
Total, excluding cotton:
34
30
52
49
33
41
35
33
35
61
74
43
37
Unadjusted
..1910-14=100..
32
41
37
45
42
40
36
37
35
53
68
37
48
Adjusted*
.1910-14= 100..
* New series. For earlier data see p. 20 of the August 1934 issue, yield on United States domestic long-term bonds (all issues except those due or callable within 8 years)
for years 1926-34; for data for years 1919-25 see p. 20 of the November 1935 issue. Series on stock sales on all registered exchanges and on the New York Stock Exchange
as compiled by the Securities and Exchange Commission for the period October 1934-February 1936 are shown on p . 20 of the April 1936 issue. For quantity exports
adjusted for seasonal variation for the period July 1914-August 1935 see p. 18 of the October 1935 issue.
t For earlier data on yield of domestic and municipal bonds see pp. 19 and 33 of the April 1933 issue.
X The difference in the figures covering the volume of stock sales on the New York Stock Exchange since April 1935 is due to stopped and odd lot sales being
included in the figures of the Securities and Exchange Commission. These are excluded in the figures reported by the New York Times.

37

SURVEY OF CURRENT BUSINESS

June 1936
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.

1936
April

1935
April

May

June

July

1936

DecemAugust Septem- October November
ber

January

February

March

FOREIGN TRADE—Continued
VALUE §
Exports, incl. reexports
thous. of dol—
By grand divisions and countries:
Africa
thous. of dol._
Asia and Oceania.
thous. of dol—
Japan
thous. of dol—
Europe
thous. of dol__
France
thous of dol
Germany
thous. of dol_.
Italy.,
thous. of dol—
United Kingdom.._
thous. of dol—
North America, northern—thous. of dol—
Canada
thous. of dol—
North America, southern—thous. of dol—
Mexico
thous of dol
South America
thous. of dol—
Argentina
_thous. of dol—
Brazil..
,_ ._ thous. of dol
Chile_
.thous. of d o l By economic classes:
Exports, domestic
.thous. of dol—
Crude materials ._
thous. of dol—
Raw cotton
mills, of dol—
Foodstuffs, 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, t o t a l s
thous. of dol—
Imports for consumption*...thous. of dol—
By grand divisions and countries: #c?
Africa
thous. of dol—
Asia and Oceania
thous. of dol—
Japan
thous. of doL.
Europe
thous. of d o l France
thous. of dol—
Germany
thous. of dol—
Italy
—thous. of dol—
United Kingdom
thous. of dol—
North America, northern—thous. of dol—
Canada
..—thous. of dol—
North America, southern..thous. of dol—
Mexico.._.
thous. of dol—
South America
thous. of dol—
Argentina
thous. of dol—
Brazil.. _ __
thous of dol
Chile
thous. of d o l By economic classes: §<$
Crude materials
thous. of dol—
Foodstuffs, crude
thous. of d o l Foodstuffs, manufactured.thous. of dol—
Manufactures, semithous. of do!—
Manufactures, finished

thous. of dol..1

192, 629

164,350

165,457

170,193

173,371

172, 204

198,189

221,238

269,310

223, 514

197,958

181,838

194, 792

9, 215
39, 337
16,211
78, 247
9,311
7, 787
4,827
27,954
32, 128
31. 557
17, 902
5,932
15,801
4,031
3,704
1,562

8,006
34,100
13, 719
63,388
8,614
4,819
4,156
20,550
28,957
28,582
15, 747
5,370
14,150
3,864
4,024
1,088

6,797
33,441
13,977
64,945
9,298
4,980
3,552
24, 238
31, 380
30, 636
16,195
5,625
12,699
3,535
3,158
1,119

7,927
33, 325
14,108
69, 380
8,741
7,027
5,565
21,924
28,170
27, 723
17,342
6,368
14,048
4,383
3,474
1,209

9,211
31, 598
11,864
69, 722
7,345
6,348
5,167
24,306
30,141
29,679
17,624
6,004
15,064
4,622
3,733
1,432

9,950
29,475
11,680
72, 590
7,824
5,553
5,596
32, 280
28, 611
27,986
16, 216
4,758
15, 363
4,916
3,596
1,069

6,279
37, 400
16,996
96,926
7,316
8,891
4,796
53,513
28,063
27,418
15, 700
4,916
13,821
4,143
3,196
1,283

8,878
34,143
16, 402
115,315
10, 746
9,885
6, 529
59,098
31,084
30,349
18,090
5,817
13, 728
3,436
3,414
1,089

9,427
51, 058
26, 945
144, 510
18,817
14,363
9,125
62, 481
28,170
27,473
18, 628
5,353
17, 517
4,948
4,537
1,698

9,093
50, 946
26,885
110,183
15, 701
12,327
7,944
41, 823
22,15,7
21,760
17, 729
6 025
13,406
3,556
3,276
1,216

7,700
40, 290
18,753
91, 669
11,666
7,136
5,420
37,863
27, 390
26, 990
16, 693
5,642
14, 217
3,784
3,950
1,193

8,307
32, 553
13, 251
83,697
9,794
8,803
7,571
32,304
25, 638
25, 275
16, 281
5,277
15, 361
4,154
4,214
1,254

10, 553
38,332
16, 401
82, 932
8,388
« 9,489
5,891
32, 012
27,945
27, 356
19, 593
6,395
15, 438
3,876
4,109
1,274

189,408
40, 431
22.8
14,199
4,949
9,250
5.5
3.3
1.4
33, 802
100, 976
23.0
5.1
30.7
202, 789
199, 787

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

159,789
36,920
19.4
15,404
3,715
11,689
4.7
4.3
1.4
26,430
81,035
18.6
4.5
22.2
170, 559
166, 791

167, 226
40, 600
23.4
15, 467
4,014
11,453
5.6
3.3
1.1
28,914
82, 246
20.1
6.4
20.6
156, 756
155,314

168, 006
38,340
19.2
15, 336
5,220
10,116
6.4
3.3
1.1
28,135
86,196
19.4
6.3
23.3
177, 698
174,162

169, 761
40,875
16.6
15, 629
4,788
10,841
6.6
3.2
1.2
31,018
82, 239
15.7
5.8
23.9
169, 030
180,444

195,537
68,677
31.8
22, 399
7,074
15,325
11.8
2.6
1.3
29,309
75,152
13.3
6.1
20.5
161,653
168,689

218,138
82, 604
45 9
23, 695
7,974
15, 721
12.5
2.8
1.5
30, 291
81,548
14.1
5.1
23.5
189,240
189, 688

266, 730
112, 678
75.1
26, 780
5,925
20,855
13.8
4.2
1.4
34,319
92,953
21.9
6.7
25.5
169,386
162,808

220, 977
82, 685
56.8
19, 697
5,169
14, 528
9.4
3.3
1.2
31, 702
86,894
19.7
7.5
22.5
186,864
179,586

195, 085
59, 770
35.7
15,863
4,349
11,514
6.3
3.3
1.3
28, 621
90,831
22.1
5.1
25.5
187, 440
186,351

179,195
50, 054
26.6
14, 763
4,020
10, 743
6.3
2.9
1.2
28,319
86, 059
22.1
3.6
24.6
192, 776
189, 589

192, 081
44,486
26.3
16, 848
5,087
11, 761
6.8
3.5
1.4
32, 096
98, 652
24.0
3.3
27.9
198,686
194,281

5,801
65, 671
13, 286
51, 637
4,538
5,870
3,017
14,712
26,923
26, 710
25, 829
4,828
23, 925
5, 223
7,216
3,442

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

2,363
46,360
11,668
47, 725
3,914
5,747
2,533
12,883
27, 394
26,984
19,485
3,516
23,465
5,413
7,818
2,712

3, 085
45,743
10,441
43, 232
4,340
5,338
2,503
11,153
23,389
22, 563
18,112
3,080
21,753
6,336
6,044
1,860

3,098
55, 352
11,496
43,849
3,610
5,109
2,223
12, 389
24,480
23, 773
22, 587
3,267
24, 795
6,611
8, 384
1,657

3,129
52,112
12,839
46, 635
4,557
6,491
2,795
11,711
23,905
23, 266
32,359
2,979
22,304
6,687
7,394
712

2,424
52,380
13,888
52,915
4,796
7,326
2,924
14, 895
27,334
26, 708
11,845
3,014
21,791
4,970
8 205

M15

2,579
57,319
16, 594
65, 053
7,565
7,702
4,723
15, 820
29,741
28, 573
10,183
3,227
24, 813
5, 251
9,934
1,344

3,235
46, 230
14,106
55, 009
5,433
6,738
4,528
14, 214
27, 258
26, 576
8,988
3,048
22,089
4,498
8,530
2,424

3,714
55, 693
14,213
56,019
5,168
8,152
3,553
13, 577
27,901
27,320
11,139
4,220
25,121
5,154
9,414
1,969

4,212
56, 977
15, 086
53, 493
5,539
5,729
2,749
15, 990
24, 675
24, 272
23, 289
3,860
23, 704
4,862
9,158
1,421

4,483
58,590
14, 435
51,612
4,321
5, 650
2, 586
16,132
23,020
22,926
24, 636
4,688
27, 247
4,638
11, 053
3,787

4,936
57, 435
12, 926
55, 491
5,347
6, 740
2,947
16, 730
27, 222
26, 836
24,252
5,094
24,945
5,108
9, 406
2, 748

62,076
28, 690
37,035
37, 57?
34. 409

45,900
27,514
28, 588
30, 729
33, 422

44,361
26, 337
28, 661
33, 577
33. 855

43, 733
23,078
26, 342
31,715
30.44fi

53, 029
24, 232
32, 291
32,106
32. 504

50, 212
24,726
38, 849
31, 290
35. 367

49,844
23,653
20,742
38, 422
36. 027

55, 398
29,492
22, 256
38, 587
43.955

46, 045
24,942
18,909
36,305
36.60R

55, 737
27,116
17,712
42, 768
36. 253

58,412
26, 543
28,733
39, 699
32.964

58, 613
28, 745
31,547
40, 060
30, 625

!

a

57, 749
31,221
32,338
36,127
36, 847

TRANSPORTATION AND COMMUNICATIONS
TRANSPORTATION
Express Operations
Operating revenue
thous. of doL.
6,079
7,918
7, 593
7,619
7,671
8,053
8,029
7,745
7, 706
7,936
8,586
142
133
134
136
139
142
137
141
143
140
Operating income
thous. of dol
Electric Street Railways
8.120
8.120
8.120
8.101
8. 101
8.101
8.101
8.100
8.101
8.101
8.101
8.101
Fares, average (268 cities)
cents__
747, 350 748, 630 693, 542 663,348 662, 696 685, 430 764, 558 742, 270 799, 787 797, 242 780,142 814, 298
Passengers carriedfthousands..
54, 634
54, 733
50, 929
49, 041
49, 244
50,323
55,442
53, 788
57,874
56, 443
£8, 752
58,138
Operating revenues!
thous. of dol.
Steam Railways
61
59
63
64
62
60
70
73
67
65
62
63
Freight carloading (F. E. B.):
60
53
72
48
56
66
76
74
88
79
106
60
Index, unadjusted...
_ 1923-25=100—
50
49
46
40
43
56
61
62
89
56
73
80
Coal
.
1923-25=10035
35
37
38
42
44
43
39
42
37
38
37
Coke
1923-25=100..
55
56
69
90
90
78
57
69
61
67
72
66
Forest products
1923-25=100-.
30
30
38
38
39
54
63
50
31
35
39
39
Grain and products
1923-25=100-.
65
64
63
64
67
67
66
65
63
62
60
60
Livestock
1923-25=100-.
83
87
87
90
79
71 !
32
25
14
15
15
15
Merchandise, 1. c. 1
1923-25=100
67
67
67
68
77
82
69
73
76
63
63
67
Ore
1923-25=100-,
61
63 i
58
61
60
62
64
66
66
70
70
71
Miscellaneous
1923-25= luO—
67
63
58
67
61
67
74
97
63
78
Index, adjusted
1923-25=100-.
50
54 !
49
48
57
60
55
61
68
79
73
Coal
1923-25=100..
33
35
!
33
40
42
42
40
36
40
42
45
Coke
1923-25=100..
68
64 j
74
75
74
70
65
85
62
08
70
Forest products
1923-25=10041
35 !
41
44
45
47
44
41
39
38
33
Qrain and products
1923-25=100..
63
64 |
63
64
64
65
64
62
62
66
64
Livestock
1923-25=100..
46
49
47
51
55
56
04
46 i
62
58
62
Merchandise, 1. c. 1
1923-25=100-.
64
67
64
62
65
70
77 !
77
74
86
79
Ore
1923-25=100-.
Miscellaneous
1923-25=100-.
c? Data revised for _1933.
See
p. 20 of the October 1934 issue; for 1934 revisions, see p. 20 of the December 1935 issue.
# Beginning with January 1934, import data represent imports for consumption (goods entering consumption channels immediately upon arrival, plus withdrawals for
consumption from bonded warehouses) and are not comparable with earlier figures, which consist of general imports (goods entered for storage in bonded warehouses, plus
goods entering consumption channels upon arrival in the U. S.).
t Revised series. Data for January 1929-May 1935, inclusive, on electric railway passengers carried and operating revenues for January 1932-April 1935, inclusive, are
shown on p. 19 of the August 1935 issue. Data on electric railway passengers carried through December 1935 are based on estimates for 210 companies, and for 1936 on
estimates for 214 companies.
* New series. Data prior to April 1933 on value of imports for consumption will be shown in a subsequent issue.
§ Data revised for 1932. See p. 34 of the March 1933 issue. Other revisions for the year 1932 were shown on p. 34 of the April, May, December 1933, and January 1934
For revised data for months of 1933, see p. 20 of the September 1934 issue, and for 1934, revisions, see p. 19 of the December 1935 issue.
Digitized for issues.
FRASER



38

SURVEY OF CURRENT BUSINESS

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

1936
April

June 1936

1935
April

May

July

June

1936

DecemAugust SeptemOctober November
ber
ber

January

February

March

TRANSPORTATION AND COMMUNICATIONS—Continued
TRANSPORTATION—Continued
Steam Railways—Continued
Freight carloading (A. A. R.):
2, 5-15
Total carsV
..thousands..
445
Coal
,__„
thousands..
28
Coke
_
_
thousands..
121
Forest products
thousands..
123
Grain and products.
..thousands..
50
Livestock...
thousands..
647
Merchandise, 1. c. 1
...thousands..
35
Ore
thousands..
1,096
Miscellaneous
thousands..
179
Freight-car surplus, total
thousands..
97
Box
thousands..
42
Coal
..thousands..
Financial operations (class I railways):
Operating revenues!
thous. of dol_. 313, 408
Freightt
thous. of dol..
Passengerf
thous. of doL.
Operating expenses!
thous. of doL. 235,073
Net railway operating incomef
thous. of dol_. 41, 548
Operating results (class I railways):
Freight carried 1 mile
mills, of tons..
Receipts per ton-mile
cents..
Passengers carried 1 mile
millions..
Waterway Traffic
Canals:
Cape Cod...
.thous. of short tons..
New York State
thous. of short tons..
Panama, total!
thous. of long tons..
U. S. vessels
thous. of long tons..
St. Lawrence.
thous. of short tons..
Sault Ste. Marie
thous. of short tons..
Suez
thous. of metric tons..
Welland
thous. of short tons..
Rivers:
Allegheny
thous. of short tons..
Mississippi (Government barges)#
thous. of short tons.
Monongahela
thous. of short tons.
Ohio (Pittsburgh to Wheeling)
thous. of short tons.
Ocean traffic:!
Clearances, vessels in foreign trade
thous. of net tons.
Foreign
thous. of net tons.
United States
thous. of net tons.
Shipbuilding. (See Trans. Equip/
Travel
Airplane travel:
Express carried*
pounds.
Miles flown*.._
thous. of miles.
Passengers carried*
number.
Passenger-miles flown* thous. of miles.
Hotel business:
Average sale per occupied room •.dollars.
Rooms occupied
percent of totalForeign travel:
Arrivals, U. S. citizens
number.
Departures, U. S. citizens
numberEmigrants
_
numberImmigrants
.number.
Passports issued
numberNational parks:
Visitors
.numberAutomobiles
number.
Pullman Co.:
Passengers carried
thousandsRevenues, total...
thous. of dol.

« 2,302
"378
a 22
102
108
52
«642
«39
«960
310
175
88

2,327
394
23
100
102
52
639
102
915
305
189
68

3,102
2,229
491
318
19
26
106 I
152
120 I
211
64
39
798
601
171
131
1,189
894
245
296
152
178
73
53

3,035
621
30
131
127
51
768
159
1,148
272
175
50

2,632
446
26
124
162
69
641
135
1,029
229
133
59

274, 663 279, 549 281, 336 275, 349 294,018
221,968 224,330 225,183 220, 490 234,986
27,181
27,114 31, 053 31,604 33,849
209,416 209,196 216,464 217,931 221,238

2,882
544
30
126
148
87
667
130
1,150
208
125
48

3,179
625
36
137
157
84
788
67
1,284
252
143
65

2,319
522
33
104
109
51
586
21
892
271
155

2,353
587
37
104
121
52
566
23
864
231
138
47

3, 135
906
54
134
151
53
730
28
1,078
171
104
22

2,419
423
27
122
136
48
G22

306,960 341,018 301,331 296, 225 299, 099
249,926 284,614 248,146 225, 826 241, 160
30, 820 28, 608 27, 848 34, 374 34, 102
218, 040 232, 516 218, 583 234, 053 231, 779

300. 459
245 145
31, 902
235, 906

308, 304
251,821
30, 516
230, 579

33 595

35, 206

81
0
2,155
813
0i
0
0I
0
2,043 1 1,864
0

200
0
2, 634
981
0
0
2, 149
0

34, 709

39, 505

34, 025

26,851 ! 42,074

57, 359

75, 425

54, 234

46,040

23,320
1.041
1,386

24, 662
1.016
1,377

25,933
.974
1,594

23,167 I 25, 936
1.059 I 1.005
1,710
1,855

27,715
.983
1. 660

31,200
.999
1,475

27,468

26,175
.987
1,787

230
554
2,292
938
919
5,985
2,161
1,122

202
574
1,994
907
983
7,148
1,956
1,180

270
800
2,229
983
992
7,454
2,225
1,151

208
655
2,050
843
865
4,087
2,955
1,313

238
0
2,188
852
44
440
2,029
167

224
0
2,149
775

95

213
329
2,079
811
157
888
2,461
484

226

191

246

200

226

267

191

112

149
1,707

98
1,664

1,270

956

834

635

5,162
3,331
1,831

4,351
2,948
1,403

3,521
3,184
1,337

227
228
2,430
1, 023
187
37

188
1,928

154
1,142

229
206
227 |
576
519
482 I
1,778
2,019
2,081
862
715
848
882
1,007
1,024
7,058
7,503
7,731
2,135
1,958 1 2,636
1,072
1,128 | 1,334
293 !

273

152
1,383

133
1,561

j
!
!
I
I
I
I
|

238 |

154
143 I
143 !
146 |
1,271 j 1,491 I 1,239 ! 1,414

863

754

877

881

928

4. 872
3, 329
1, 542

5,188
3,435
1,753

5,703
3,699
2,004

5,958
3,852
2,106

6,379
4,099
2,280

967 !
6,791
4,436
2,355

782 I
5,786
3,831
1,955

5,580
3,670
1,910

35, 765

1.017
' 205
104
01

.960 i.
1,695 '_

43

56

102 ' «140
1,327
547
56
520
4, 305
3, 049
1, 256

4, 039
3, 225
1,414

I

231,237
4,194
61,499
26, 747
3.00
68

2.91
«63

258,924 330,970 335, 762 392, 212 417, 223 488, 019
5,360
5,288
5,756
4,749
4,993
5,605
64,971
73, 896 85, 546 89, 581 77, 370 70,924
28,788
27, 075 31, 226 34,042 35, 732 32,024

2.95
5G

2.94

3.01
66

2.89
65

27,479
24,159
3,382
4,288
4,174

14,202
19, 678
3,708
2,856
4,202

13, 648
12, 781
2,984
2,797
4,121

16, 674
17,130
2,980
2,540
5,098

20, 991
21,189
1,926
2 252
4,918

30, 678
26,081
2,108
2,591
8, 071

77, 723

36,112
7,020

12,967

68, S94
10,899

98, 791
13, 32S

1,409
4,094

1,533
5,035

1,359
4, 326

1,312
4,479

86,111
56,055
22, 314
60, 685
17, 367

' 86, 783
• 57,167
1
21,895
'59,498
' 17, 291

85, 364
56. 329
21,271
57, 649
17, 746

88, 909
57, 594
23, 459
59, 582
19,165

14, 621 »14,770

14, 839

14, 921

9,223
7,120
8,050
744

8, 978
6, 851
7, 793
700

10,046
7,757
8,288
1,326

2.94
60

51,930
51,512
4,111
3,711
7,587

50,177
39, 007
4,430
3,679
4,814

100, 593 317, 182 664,422 723, 320
28,176
84, 368 158, 005 183,171

72, 731

18,141

2.86
58

23, 374 «19, 447
16, 536 19,033
2,697
2,249
2,951
2,516
12, 674 22,854

19, 519
19, 342
2,412
2,817
24, 879

90,914
15,908

3.12
61

2.99 I
64 |

2.98
57

2.77
61

2.87
56
26,638
31, 376
» 2. 884
« 2. 524
13, 546

361,839 400, 061 354, 301 •353, 293 '535, 736
4,429
4,245
4,301
3, 958 « 4,860
50, 534 53, 507 44, 061 41, 330 a 70, 926
23,046
18,983
20,837
13. 122 « 31, 730

1,286
4,210

1,425
4,374

1,364
4,251

4, 143

41,210
7,828
1,246
3,864

81, 757
54, 006
20, 569
57,443
16,025

82, 063
53,187
21, 524
59, 683
14,401

82, 360
52,909
22,189
58,255
16, 036

82, 653
53, 923
21,402
57, 394

86, 328
56, 245
22, 630
59, 321
18,529

85, 330
56, 732
21,213
59, 741
17,386

14,335

14,323

14, 350

14,446

14, 512

14, 568

9,568
7.440
7,959
1,219

9,375
7,198
7.682
1, 306

1,193
3,675

1,146
3,660

1,309
4,220

82,127
54,483
20, 566
57,499
16,214

83,406
54,998
21, 250
59, 059
16,052

14, 303

14, 355

!

1,278

COMMUNICATIONS
Telephones:*
Operating revenues
thous. of dol.
Station revenues
thous. of dol.
Tolls, message.
thous. of doL
Operating expenses
thous. of dol.
Net operating income.
thous. of dol.
Telephones in service, end of mo.
thousands.
Telegraphs and cables:
Operating revenues...
thous. of dol.
Commercial telegraph tolls.thous. of dol.
Operating expenses
thous. of dol.
Operating income
thous. of dol.
a

9,377
7, 366
7,790
1,195

9,809
7,634
7,964
1,450

9,372
7,268
7,824
1,150

9,224
7, 161
7,942
894

7, 545
7,989 |
1,452 I

9,096
6,882
7,708
1,002

10, 245
7,951
8,475
1,377

Revised. # Includes tonnage in both upper and lower Mississippi River. Revised figures prior to December 1934 will be shown in subsequent issue.
! Revised series. For earlier data see p. 20 of the April 1934 issue for operating revenues, operating expenses, and net railway operating income of class I railways. For
revisions of data for clearances of vessels in foreign trade, see p. 36 of the September 1934 issue. For revisions on Panama Canal from August 1914 to June 1935, see p. 19
of the September 1935 issue.
* New series. Data on airplane travel covers scheduled 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. New
series on telephones as compiled by Federal Communications Commission. Data supersede those published in previous issues of the Survey which covered all carriers
having annual operating revenues in excess of $250,000; presen,t series for 1934 and 1935 are for 57 carriers representing about 95 percent of all carriers according to the_1932
census, based on revenues for all companies. Beginning January 1930, data are for 62 carriers representing about 95 percent. Revised data for 62 companies for 1935 are
as follows: Total operating revenues, January $81,778,000, February $78,142,000, March $81,514,000; station revenues, January $54,859,000, February $53,021,000, March
$54,312,000; message tolls, January $19,862,000, February $18,005,000, March $20,131,000; operating expenses, January $58,003,000, February
$55,595,000,
March $57,478,000;
nnn
1 o o r AAr
t,246;000,
F"~
e bur u a r y 14,285,000,
M a r c h 14,334,000,
net operating income, January $15,467,000, February $14,316,000, March $15,882,000; stations in service, end of month, January 14,2'"
"
• This figure covers room revenue only.
 1 Data for March, June, August, November 1935 and February 1936 are for 5 weeks; other months, 4 weeks.



39

SUKVEY OF CURKENT BUSINESS

June 1936

1935

1936

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

April

April

May

June

July

1936

Decem- January
October NovemAugust September
ber
ber

February

March

CHEMICALS AND ALLIED PRODUCTS
CHEMICALS
Alcohol:
Denatured:
i
Consumption (disposed of)
5, 773
5,536
7,213
8,359
5,001
5,238
thous. of wine gal..
5,864
5,651
8,192
8,580
5,953
5,554
Production
thous. of wine gal._
1,793
1,750
2,750
2,959
Stocks, end of month.thous. of wine gal..
1,777
1,694
Ethyl:
Production
thous. of proof gal.. 11, 948 14, 235 15, 791 14, 611 16, 704 16,646
Stocks, warehoused, end of month
thous. of proof gal.. 21, 224 18, 092 22, 213 24,468 | 26, 055 25, 852
Withdrawn for denaturing
9, 974
9,207
9,921
9,398 j 14, 046 14, 632
thous. of proof gal—
1,591
1,642 j 1,771
2,441
1,510
1,676
Tax paid*
..thous. of proof gal—
Methanol:
30,471
33, 621 66,077 ' 55,125 36, 422
Exports, refined
gallons.. 41,915
Price, refined, wholesale, N. Y.
.38
.38
.38
.38
.38
dol. per gaL.
Production:
Crude (wood distilled)*f A
gallons.- 426,313 450.941 452,322 385,472 379,309 403,020
Synthetic
gallons.. 1,692,921 1,167,282 1.203,143 1,198,186 1,278,505 1,389,812
Explosives:
22,189
23,957
Shipments!
thous. of lb__ 27, 483 23,202 22, 659 22,193
Sulphur and sulphuric acid:
Sulphur, production (quarterly) •
long tons..
271,452
Sulphuric acid (104 plants):
Consumed in production of
87, 944
94, 980 99, 673
93,873
fertilizer
short tons..
75,690
Price, wholesale, 66°, at works
15.50
15.50
15.50
15.50
15.50
dol. per short ton..
15.50
139,333 111, 102 99,176 110,249 123,209
Production
short tons..
Purchases:
11,760
11,610
16,830 27, 714 35, 573
From fertilizer mfrs
short tons__
20,862 23,334
13, 397 13,186
10,632
From others..
short tons..
Shipments:
24,684
25.381
33,855
18,473
28,516
To fertilizer mfrs
short tons..
29,714
To others
short tons..
40,293
34.382 40, 739 48,404

10, 064
10,211
3,148

17, 947
17,160
2,351

10,816
10, 297
1,836

7,950
7,736
1,632

6,143
6,207
1,739

5, 954
5, 939
1,718

5,548
5, 598
1,720

19,607

23,988

19,729

17,190

13,179

12, 747

13, 899

25,501

16,954

16, 688

18,461

19, 386

20, 315

21,894

17,660
1,911

29,193
2,445

17, 509
2,223

12, 921
1,903

10,433

9, 860
1,649

9,367
2,054

40, 843

73, 349

1,840
51,490

102, 296

39,230

63, 733
105,895

.38

.38

.38

.38

.38
405,034 454,233 478,474 478,331 494, 081 494,144 '476, 496
1,539,554 2,508,978 2,373,475 1,654,794 1,418,863 1,540,171 1,631,832
29,498
26, 876 25, 509 28, 492
27,940
25, 514

374, 276

389,608

131, 441 125, 496 132,508

125, 730 1J7, 864
106, 785
15.50
15.50
15. 50
156, 878 152. 800 141, 339

352, 690
101, 708
15.50
15.50
15.50
130, 260 149, 729 153,792

15.50
172,823

35, 742
12, 111

33,396
17,540

35,134
18,946

30,185
22, 402

24,932
22,193

13,352
15,111

15, 722
15, 988

30,888
46, 717

28, 031
50,802

29, 525
45,478

38,363
51,116

35, 007
47,163

20, 921
37,170

22, 307
54,306

124
151
341
161,955 153,467 137, 754 164,458
36,216
34,219
17, 723 34,025
115, 797 104, 520 114,438 112,802
186
1,306
62
1,233
71,956 155, 686 143,580 149,473
50,970 75,301
39,951
89,538
10, 641 22, 256 38, 528 32,642
4,166
8,075
4,104
4,299
21, 704 70, 791 56,899
53, 097

545
149,917
36, 326
105, 420
276
218, 892
165, 555
92, 739
6,332
43, 885

1,402
178, 789
31, 552
133, 762
139
173,708
134, 406
62,115
4, 252
31, 749

FERTILIZER
Consumption, Southern States!
thous. of short tons..
Exports, totalf
long tons..
Nitrogenousf
long tons..
Phosphate materials!
-long tons..
Prepared fertilizers..
....long tons—
Imports, totalf#
long tons..
Nitrogenousf
long tons_.
Nitrate of sodaf
_
long tons..
Phosphatesf
long tons..
Potashf
long tons..
Price, nitrate of soda, 95 percent, N. Y.
dol. per cwt_.
Superphosphate, bulk:
Production
„
short tons..
Shipments to consumers
..short tons..
Stocks, end of month.
..short tons..
Pine oil:

NAVAL STORES

1,023
117,628
17,515
91,481
301
189,085
149,968
100,982
3,368
28,553
1.325

704
93, 456
5,551
82,946
98
178,827
113,829
83,415
4,486
56, 045
1.275
203,152
169,152
814,804

237
157,462
21,116
126, 226
245
193, 512
102,475
75,872
4,309
76, 743
1.275

17
66
44
95
63,402 102,467 153,316 208,797
5,244
15,319 39, 752 28,507
50,637
77, 054 110,633 172,425
2,181
179
421
235
69, 787 43,174
51,317
34,800
37,141
20,899
20, 640 32, 794
16,918
2,200
9,961
2,742
1,350
1,206
1,248
23, 436 19,909
10, 797 12,074
1.275

1.275

168, 384 167, 095 205,105
79, 704 24, 973 19,396
831, 536 870,835 914,169

1.275

1.275

1.275

1.275

1.275

1.275

1.285

1.325

221, 772 226,317 281,892 288,307 320, 800 298,073 259, 374
16, 422 82, 059 87, 313 29,178 28, 438 33,163
54, 687
979, 038 1,013,399 1,102,407 1,199,542 1,217,767 1,190,315 1,137,700

257, 728
238, 498
953, 739

354,389

346, 676

\

Production
gallons..! 374, 585
Rosin, gum:
Price, wholesale " B " , N. Y
dol. per bbl
4. 51
Receipts, net 3 ports
bbl. (500 lb.)-- 58,894
Stocks, 3 ports, end of month.bbl. (500 lb)— 144,782
Rosin, wood:
Production
bbl. (5001b.)-- 54,209
Stocks, end of month
bbl. (500 lb.)__ 87,257
Turpentine, gum:
Price, wholesale, N . Y
dol. per gal
.40
Receipts, net, 3 ports
bbl. (50 gal.).. 15,157
Stocks, 3 ports, end of month.bbl. (50 gal.)__| 99,320
Turpentine, wood:
Production.
bbl. (50gal.)-8,662
Stocks, end of month
.bbl. (50 gal.)— 10, 610

370, 222 378, 395 360,889

373,417

4.65
4.64
4.67
4.85
69, 290 97,354 110,998 124,401
250, 213 258, 255 272, 312 311,355

335, 318 323,125

46, 028
95, 283

47,867
95,829

47,293
91,477

47,651
89,015

48, 063
86, 730

47,388
86,485

.52
18,410
87,971

.52
.50
24, 366 32,128
85,846 103,831

35,293
122,631

.46
31,136
131,960

.45
18,798
131,273

7,261
2,997

7,324
2,910

7,550
2,937

7,049
7,122

7,004
4, 588

6,787
3,278

336,178

303, 625 343,038

354, 433

5.^8
4.91
4. 68
75, 552 41, 226 23,348
315,021 271, 749 222, G38

4.45
32, 002
156, 291

52,156 52, 693
47, 214 43,894
72, 901 80, 278 83, 021
72.861
.47
.48
.49
.47
.48
13, 350
3,808
1,442
20, 646 20,101
135,
959
145,216
142,
625
125,
285
134, 539
9,042
7,474
7,355
8, 740
6,910
8,553
4,001
5,531
11,582
3,023

51,326
83, 340

5.61
4.83
5.50
5.18
120,950 88,784 93,917
95.860
324, 539 310, 697 306, 658 334,226
43, 719
76,311

.42
4, 800
114, 789
8, 580
10,733

OILS, FATS, AND BYPRODUCTS
Animal fats and byproducts and fish oils
(quarterly):
Animal fats: t
I: 212,053
203, 048
210, 541
Consumption, factory
thous. of lb..
319,916
306,659 I
^5,430
Production
thous. of lb..
364, 010
386,852 j
361,160
Stock, end of quarter
thous. of lb..
Gelatin, edible:
5,052 |
5, 597
2,853
5,323
Production
thous. of lb_.
8, 590
6,841
Stocks, end of quarter
thous. of lb..
8,526
7, 987
Greases: t
52,121
51,146
45,324
|.
Consumption, factory
thous. of lb_.
68, 942
64,916
64,399 j
Production
thous. of lb_.
63,645
63, 732
66, 856
Stocks, end of quarter
thous. of lb_.
Lard compounds and substitutes: f
469,674
457, 595
Production
thous. of lb_.
293,425
39,890
Stocks, end of quarter.
thous. of lb..
32, 575
29,747
a
Revised.
* New series. For earlier data see p. 20 of the April 1935 issue (alcohol withdrawn tax paid), p. 20 of the April 1933 issue (crude methanol). This series for production
revised for 1934 and 1935. Revisions not shown above will be published in a subsequent issue.
t Revised series, see p. 36 of the June 1933 issue, for 1932 revisions, exports and imports of fertilizer; for 1933 revisions on exports see p. 29 of the September 1934 issue;
for 1934 revisions see p. 19 of the December 1935 issue; for revised data for crude methanol production for 1933, see p. 36 of the May 1934 issue. Quarterly data on fats and oils
for the years 1932 and 1933 were shown on p. 19 of the March 1935 issue; for 1934 on p. 19 of the November 1935 issue. For revised series on explosives for period January
1920-October 1933 see p. 19 of the January 1934 issue.
A The refined equivalent of crude production is approximately 82 percent.
• Texas only. Louisiana produced 23 percent of the United States production in 1933 and 16 percent in 1934.
1
Figures since January 1922 revised due to dropping of Missouri from Southern States classification. See p. 19 of the January 1934 issue.

# See footnote on p. 37 of this issue. Monthly revisions for 1933 are shown on p. 20 of the October 1934 issue: for 1934 revisions see p. 20 of the December 1935 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

1930
April

June 1936

1935
April

May

June

1936

Decera- January FebruAugust SeptemOctober November
ber
ary
'ber

July

March

CHEMICALS AND ALLIED PRODUCTS—Continued
OILS, FATS, AND BYPRODUCTS—Con.
Animal fats and byproducts and fish o i l s Continued.
Fish oils (quarterly):!
Consumption, factory
thous. of Reproduction
thous. of lb—
Stocks, end of quarter
thous. of lb—
Vegetable oils and products:
Vegetable oils, total:
Consumption, factory (quarterly)!
thous. of lb__
478
Exports
thous. of lb._
Imports!#
thous. of lb._ 107,837
Production (quarterly)!
thous. of l b . .
Stocks, end of quarter:!
Crude..
thous. of lb—
Refined
thous. of lb—
Copra and coconut oils:
Copra:
Consumption, factory (quarterly)
short tons.
Imports*
.short tons.. 16,791
Stocks, end of quarter
short tons.
Coconut or copra oil:
Consumption, factory:
Crude (quarterly)!
thous. of lb—
Refined, total (quarterly)!
thous. of lb._
In oleomargarine
thous. of l b . . 12,334
Imports#
-thous. of lb._ 40,336
Production (quarterly):
Crude.
thous. of l b . .
Refined
—thous. of lb—
Stocks, end of quarter:!
Crude
-thous. of lb_.
Refined
-thous. of lb_.
Cottonseed and products:
Cottonseed:!
Consumption (crush)
.short tons.. 133,666
Receipts at mills
short tons.. 31,670
Stock at mills, end of month
short tons.. 98,353
Cottonseed cake and meal:
74
Exports!
short tons..
Production
short tons.. 63,599
Stocks at mills, end of month
short tons— 202,429
Cottonseed oil, crude:!
Production..
_
thous. of lb._ 43,137
Stocks, end of month
thous. of lb— 85,206
Cottonseed oil, refined:
Consumption, factory (quarterly)!
thous. of lb._
8,347
In oleomargarine
thous. of l b . .
Price, summer yellow, prime. N . Y.
.094
dol. per lb—
Production!
_.-thous. of lb__ 65,190
Stocks, end of month
thous. of lb— 487,536
Flaxseed and products:
Flaxseed:
Imports, United States#.thous. of b u . .
1,037
Minneapolis and Duluth:
172
Receipts
thous. of bu_.
95
Shipments
thous. of bu._
791
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 b u Stocks, Argentina, end of month
thous. of bu_.
Linseed cake and meal:
Exportsthous. of lb.. 33,233
Shipments from Minneapolis
thous. of lb_. 23,715
Linseed oil:
Consumption, factory (quarterly)!
thous. of lb_.
.095
Price, wholesale, N . Y
dol. per lb_.
Production (quarterly)!—thous. of lb_.
~9~372
Shipments from Minn
thous. of lb_.
Stocks at factory, end of quarter
thous. of lb_.
Oleomargarine:
Consumption (tax-paid withdrawals)
32,46thous. of lb.
Price, standard, uncolored, Chicago
.143
dol. per lb.
32,302
Production
thous. of lb.
Vegetable shortenings:*^
. 11'
Price, tierces, Chicago
dol. per lb.

I 59,139
9,143
172, 371

628,186
632
251
96,622 I! 121,023
357,167

939
91,445

-_

63, 346
67,249
187,916

593
95,895

696
1,492

609,071 j.._
383
237
92,174
87,810
! 456,913

507,571 ! —
602,217 ! —

536,998
355,800

I 35,733 ....
|
- 48,424
11,990 I 6,858
26,138
10,330
19,535
i 24,605 ._
I 29,565

15, C

I 128,036 I
86,811
13,804
11,472
27,849 ! 39,040

15,945
25,293

67,328 I
117,078 I _
212, 667

,1,004,980
338 i 329
79,966 I 114,354
| 950,784

27. 433

66, 737
32,019 ! 22,873
I 40,039

648
82,003

13, 297

14,97'

135,073

I 130,395
| 101,105

10,326 1 13.056 j 16,771
22,929 ; 29,770 j 25,965

181
77, 068

_l 632,757
| 477,563

I I
'
:

526
94,611

16,372
31,055

15, 275
21,985

105,252
15,024
45,122

~l7,~946T~27~i68~ 13,289
23,507 ! 37,972 j 22, 532

84,509
93, 006
127, 904
23, 992

112,507
26,036
129,372
18,886

102, 266
22,435

741,295
1,096,758

248,878

169, 047

24
61,704

49
46, 959

518,673
481,299

456, 656 350,614 j 252, 06."
244,044
85,646 I 80, 504

828,029

886, 804 849,430

636, 818 371,850 I 200,349

2,418
336,139

1,382
1,403
287, 362 231,337

189
207, 346

634,326
693,101

263, 899

242, 204

253,294

312,279

355,432 j 358,752

43, 525
61,725

33,194
47,589

22, 617
38,036

225,168
110, 557

193,025
119,314

154,286 I 135,623
131,843 128,018

11,005

7,819

256,192
6,425

6,610

8,549

. 103
73,380
576,783

.105
52,011
540,864

.101
37,063
513,358

.104
161,333
289, 326

.103
176,261
343,550

.102
73,430
287,347

2,567 ! 781.
163,342 ! 114,649
322,211 | 285,958

361,863
9,120

107,792
126,446

8,626

81,055
313,413

10,700 j

8,178

.101
.097 | .094
.107
139, 381 126,945 114,079 ! 84,935
453,
990 489,195 ! 504,033
401, 284

1,160

1,360

1,738

2,240

1, 129

1,322

930

1,254

1,690

139
242
603

214
179
397

319
70
344

205
117
248

985
81
344

4,009
389
2,040

3,148
1,299
3, 326

952
1,266
2,597

415
298
2,153

229
142
1,928

1,414

1,496

119
1,640

224
131
1,246

I
8,264
4,270
1.77

1.65

~1.~59~!

1. 53 I

1.79

1.87

1.80

1. 84

/14, 931
7,874

7,087

6,299

2,322

4,331

3,543

2,559

1,969

36,929

33, 201

53,605

39,368

41,787

35,356

37,430

40,983

59,293

39,399 i 36,225 j 42,379

6,114

4, 776

4,485

7,544

12, 506

21, 527

22, 647

19, 509

22,245

21, 782

.095

.096

.097

5,233

73,812
.089
116,667
10, 235

~ 67 053 |

~6~n8" I

5,315 :

.093
116,946
6,045 |

!

4,797

104,995 i
38,243 i 27,785
.140
37,386
.127

!

13, 320

-_._- 106,332

26,766 j 17,846 j 26,193

. 140 .140
30,446 | 25,222
.128

l

.135
21, 469

.130
25, 793

.129 I .124

.130

3,150 | 4, 331 | 5, 315

75,404
. 101 I
156,569
8,605 |
6,854 \ 4,069
.097 i

15, 244

21, 748

.100

.098

7,853

10, 200

! 146,532

32,440 i 32,430

35,501 | 32,831

37,388

37, 851

32, 368

.142
32, 261

.145 | .145
33,962 ! 33,506
.128 i .125

.145
.145
36,558 | 38,835

. 145
33, 791

.130
31, 855
.130

.128

. 122 I

. 118

. 117

"Revised.
/ December 1 estimate.
•For earlier data on vegetable shortening price, see p. 18 of the January 1934 issue.
!Revised series: Monthly data on cottonseed and cottonseed products for the year ended July 1932 were shown on p. 20 of the February 1933 issue; revisions for each
month of 1933 were shown when monthly data for 1934 became available; revisions for year 1934 were shown on p. 38 of the November 1934 issue and for year ended July 1935
on p. 20 of the November 1935 issue. For exports of cottonseed cake and meal for the year 1932, see p. 37 of the June 1933 issue. Data revised for 1933, see p. 19 of the September
1934 issue; for 1934 revisions, see p, 19 of the December 1935 issue. For revised data on imports of vegetable oils for 1932, see p. 17 of the June 1933 issue; for 1933, p. 20, of the
October 1934 issue; and for 1934, p. 20, of the December 1935 issue. Quarterly data on fats and oils for the years 1932 and 1933 were shown on p. 19 of the March 1935 issue;
for 1934 on p. 19 of the November 1935 issue.
#See footnote on p. 37 of the October 1934 issue. Data revised for 1933; see p. 20 of the October 1934 issue; for 1934 revisions, see p. 20 of the December 1935 issue.
•This series prior to September 1935 was listed as "Lard Compound."




SURVEY OF CURRENT BUSINESS

June 1936
Monthly statistics through December 1931,
together with explanatory footnotes and references to the sources of the data, may be found
in the 1932 Annual Supplement to the Survey

1936
April

41

1935
April

May

June

July

1936

DecemAugust SeptemOctober November
ber
ber

January

February

March

23,914
16, 355
8,195
8,160
7,559

20,154
14, 270
7,073
7,197
5,884

29,906
20,660
9,224
11,436
9,245

CHEMICALS AND ALLIED PRODUCTS—Continued
PAINTS
Paints, varnish, lacquer, and filler 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..

32, 851
22, 295
9,178
13,117
10,557

36,160
24,434
15, 745
11,726

32, 326
22,118
8,503
13, 615
10,207

28,975
19,675
8,338
11, 33f>
9,300

28,502
19,214
7,777
11,438
9,287

28,536
19,039
7,985
11,054
9,497

32,853
22,132
9,519
12, 613
10,721

25, 427
17, 856
8, aoy
8,870
7, 571

20, 039
14, 271
7,561
6,710
5,768

332,343
36,653
113, 202

376, 644
35,563
128, 461

303,229
28,668
102,892

253, 256
29,039
103,161

266,689
29,261
107,877

274,829
27,463
102, 379

264,306
34,414
105, 306

212,871
31, 760
77,784

205, 543
21,468
72, 918

280,896 j "199,183 295,018
31,292 o 27,734 45,540
89,730 76,971

CELLULOSE PLASTIC PRODUCTS
Nitro-cellulose:*
Sheets, rods, and tubes:
Production
Shipments
Cellulose-acetate: *
Sheets, rods, and tubes:
Production
Shipments...

thous. of lb_.
thous. of Jb..

1,388
1,319

1,311
1,356

1,292
1,246

1,009
1,017

1,026
1,024

1,285
1,294

1, 551
1,435

1,660
1,598

1 298
1 420

1,469
1,398

1,230
1,252

1,322
1,148

1,224
1,239

thous. of lb_.
thous. of lb_.

1,221
1,097

1,107
1,048

718
649

317
293

486
525

595
578

882

1,299
1,239

1 265
1 114

859

869
934

597
546

785
939

23,713
7,086

19,723
6,653

21, 831
6,324

21,454
7,252

20,215
7,376

20,666
7,730

20,419
7,376

24, 716
6,962

16,851
7 577

15, 780
8,935

17, 286
8,677

19,313
7,902

22,528
7, 999

2,974
606
908
1,460

2,882
586
991
1,304

2,213
494
739
980

2,321
576
635
1,110

2,768
667
815
1,286

3,102
834
766
1,501

3,180
850
869
1,461

1 952
498
482
972

1,186
270
308
607

1, 668
366
341
961

3,139
660
565
1,914

2,591
566
681

ROOFING
Dry roofing felt:
Production
short tons..
Stocks, end of month
short tons..
Prepared roofing shipments:^
Total..
thous. squares..
Grit roll..
_
thous. squares.
Shingles (all types)
thous. squaresSmooth roll
thous. squares.

1,345

ELECTRIC POWER AND GAS
ELECTRIC POWER
Production, totalf
mills, of kw.-hr__
By source:
Fuelsf
mills, of kw.-hr__
Water powerf
mills, of kw.-hr..
By type of producer:
Central stationsf
mills, of kw.-hr_.
Street railways, manufacturing plants,
etc
mills, of kw.-hr...
Sales of electrical energy:
Sales to ultimate consumers, total (Edison
Elec. Inst.)
mills, of kw.-hr..
Domestic service
mills, of kw.-hr__
Commercial—retail
mills, of kw.-hr..
Commercial—wholesale, mills, of kw.-hr. _
Municipal street lighting
mills, of kw.-hr__
Railroads:
Electrified steam
mills, of kw.-hr_.
Street and interurban.mills. of kw.-hr..
Revenues from ultimate consumers (Edison
Elec. Inst.)
thous. of dol

8,870

7,816

8,022

7,875

8,373

8,576

8,206

8,847

8,690

9,139

9,246 j °8,599

a

S, 905

4,880
3,990

4,203
3,612

4,301
3,721

4,425
3,450

4,781
3,592

5,246
3,330

5,182
3,024

5,975
2,872

5,432
3,258

5,850
3,288

5,881 I » 5, 681
3,365 j ffl 2, 918

1
0

5,115
3,790

8,395

7,365

7,557

7,419

7,846

8,078

7,731

8,361

475

451

465

456

527

498

475

6,225
1,102
1,129
3,327

6,145
1,060
1,099
3,346

6,147
1,059
1,095
3,396

6,265
1,052
1,128
3,468

6,614
1,073
1,177
3,734

6,635
1,135
1,192
3,676

186

175

152 !

170

180

365

66
354

65
331

67
329

333

156,069

153, 203

151,437

151, 215

i,747

' 8,118

551

499

481

481

6,823
1,186
1,220
3,726

6, 927
1, 289
1, 293
3, 624

7,029
1,368
1,361
3,493

6, 999
1,340
1,324
3,514

6,913
1,254
1,256
3,649

189

207

217

227

7,278
1,466
1,403
3,567 !
j
234 |

219

209

67
328

73
360

79
368

86
439

100
446

96
435

83
394

162, 789 169 339

173 459

179,141 j 171,220

165,650

156,038 I 159,073

i

GAS
Manufactured gas:*f
Customers, total
thousands.
Domestic
..thousands.
House heating._
thousands..
Industrial and commercial..thousands
Sales to consumers
millions of cu. ft_.
Domestic
millions of cu. ft
House heating
millions of cu. ft..
Industrial and commercial
millions of cu. ft.
Revenue from sales to consumers
thous. of dol
Domestic
thous. of doL.
House heating
thous. of dol_.
Industrial and commerciaLthous. of dol.
Natural gas:*f
Customers, total
thousands.
Domestic
thousands.
Industrial and commerciaL.thousands.
Sales to consumers
millions of cu. ft.
Domestic
millions of cu. ft.
Industrial and commercial
millions of cu. ft.
Revenues from sales to consumers
thous. of dol.
Domestic
thous. of dol.
Industrial and commerciaLthous. of dol_
a

* 8,424

8,588
481

9,869
9,303
117
437
30, 943
18, 742
3,789

9,936
9,369
120
435
30, 304
19,166
3,027

9,949
9, 389
115
434
28,897
19,764
1,271

9,948
9, 394
106
436
25, 723
17, 601
550

9,956
9,407
104
433
24,479
16,673
387

10,023
9,473
106
435
27, 492
19,189
550

10, 033
9,467
121
434
29,897
20,008
1,571

7,600

9,994
9,421
128
437
30,164
18, 543
3,223

10,005
9,425
131
439
33,480
18, 679
5,716

9,960
9, 333
133
485
35,960
19, 922
6,669

9,972
9,346
135
481
36, 611
20,146
7,053

8, 233

7,944

7,720

7,396

8,134

8,206

8,861

9,143

9,190

31, 370
22, 953
2,417
5,857

31,834
24, 275
1. 695
5, 736

31,189
24, 669
894
5,524

28, 313
22,575
419
5,216

27,137
21, 539
313
5,175

30,140 j 31, 753
24,140 i 24, 697
475 ! 1,150
5,782
5,415

31, 308
23, 416
1,849
5.912

33,013
23,336
3, 291
6. 244

34,555;
23,800
4,113
6,495

34,653
23, 322
4, 612
6, 571

5, 827
5,378
448
89,515
28, 576

5,820
5,404
415
68, 272
14,083

5,835
5,427
407
71,519
12,519

5,880
5,468
411
75,325
14,135

5,947
5,510
435
85, 028
18, 556

6,018
5, 552
464
99,714
26,726

6, 039
5, 563
474
113,418
36, 325

59,947

5,845
5. 836
5,403
5,409
441
425
82,843 | 74,116
24,608
19,149
I
57,168 I 53,761

53,314 | 58,049

60,273 | 65,252 j 71,691

31,599
19, 273
12,162

28, 355
17,028
11,159

21,095 [ 20, 776
11,192 | 10,316
9,760 J 10,321

22,120
11,262
10.718

24,395
14,056
10,178

7,288 !

25,805
13, 677
11,958

32, 099
18,316
13, 591

5,987
5,515
470
123,778
43,715

0, 004
5, 532
469
136, 242
50,131

78,980 ! 84,673
38,825
23, 635
14,981

44,312
27,964
16,178

48,116
30, 581
17, 296

Revised.
* New series. For earlier data see p. 19 of the May 1935 issue, manufactured and natural gas. Series on cellulose products prior to January 1933 not available.
1 Revised series. Data revised beginning with January 1932; see p. 39 of the April 1935 issue. Revisions for period January 1932 to January 1934, inclusive, will
be shown in a subsequent issue.
t For revised data for electric-power production for 1932 see pp. 38 and 56 of the May 1933 issue; for 1933 see p. 38 of the May 1934 issue; 1934 and 1935 data also revised
Revisions not shown in the June 1935 issue and in the May 1936 issue will appear in a subsequent number. Manufactured and natural-gas statistics for the years 1929-35
have been revised. Revised data on manufactured gas are shown on p. 20 of this issue. Data for the natural gas series superseded by current statistics appeared on p. 2J
of the May 1935 issue and in the monthly numbers through May 1936. Revisions for entire period will appear in a subsequent issue.
§ For revised data on paint, varnish, and lacquer products for the years on "total" for 1928-35 and "unclassified" for years 1932-35 see p. 20 of the November 19 issue.




42

SURVEY OF CURRENT BUSINESS

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

1936
April

June 1936

1935
April

May

June

July

1936

Decem- January
August SeptemOctober November
ber
ber

February

March

FOODSTUFFS AND TOBACCO
BEVERAGES
Fermented malt liquors:*
Consumption (tax-paid withdrawals)
3,431
3,887
thous. of bbL.
4,465
4,970
Production
thous. of bbL.
8,208
7,219
Stocks, end of month
thous. of bbL.
Distilled spirits:*
Consumption (tax-paid withdrawals) f*
4,901
6,177
thous. of proof gaL.
4,384
5,390
Whisky
_
thous. of proof gaL.
Production, totalthous. of proof gaL. 23, 251 15,171
14,329
Whisky
thous. of proof gaL. 21,917
Stocks, end of month__thous. of proof gaL. 273,798 139,036
131,659
Whisky
_.thous. of proof gaL. 264,389
Rectified spirits:
Alcohol, ethyl, withdrawn tax paid (see p.
38):
Consumption (tax-paid withdrawals)*
1,414
thous. of proof gaL.
2,441

4,006
4,576
7,736

4,341
4,521
7,615

4,675
5,301
4,014
4,613
16, 701 15,144
14,280
15,679
150, 477 160,755
152,807
142,639

5,465
5,335
7,341

5,332
5,107
6,924

3,931
3,868
6,690

3,790
3,735
6,496

3,366
3,221
6,204

3,104
3,219
6,205

4,265
7,020
8,219
4,535
7,807
9,045
3,486
6,372
7,315
3,758
7,076
8,237
15,610
16,238
24,412
14,089
23,002
25,000
14, 557 13,067
13,989
16, 549 18, 301 19,910
171,094 180, 268 187, 729 195, 796 205, 382 215,518
163,202 172, 363 180,066 188,423 197,788 207,154

1,451

1,345

1,271

154,367

138,811

133,372

1,385

2,019

2,614

2,969

2,998

2,679
3, 335
6,640

2, 685
2,932
6,802

3,738
4,433
7,333

6,019
6,173
6,203
5,421
5,687
5,531
21,910
19, 804 22, 691
20, 340 18, 838 21, 612
230,425 242, 830 258, 221
221, 602 233, 797 248,946

2,304

2,028

2,335

DAIRY PRODUCTS
Butter:
Consumption, apparent*!
thous. oflb-.
Price, N. Y., wholesale (92-score)
dol. per lb_.
Production (factory)!
thous. oflb-.
Receipts, 5 markets
..thous. oflb..
Stocks, cold storage, creamery, end of
month
thous. oflb..
Cheese:
Consumption, apparent!
thous. of lb_.
Imports^
thous. of lb_.
Price, no. 1 Amer. N. Y
_.dol. per lb..
Production (factory)t
thous. oflb-.
American whole milkf
thous. of lb_.
Receipts, 5 markets
.thous. of lb_.
Stocks, cold storage, end of month!
thous. oflb..
American whole milk!
thous. of lb_.
Milk:
Condensed and evaporated:
Production:!
Condensed (sweetened)..thous. of lb_.
Evaporated (unsweetened) §
thous. oflb..
Exports:
Condensed (sweetened)..thous. oflb..
Evaporated (unsweetened)
thous. of lb_.
Prices, wholesale, N. Y.:
Condensed (sweetened)-dol. per case..
Evaporated (unsweetened)
dol. per case..
Stocks, manufacturers, end of month:
Condensed (sweetened):
Bulk goods
thous. of lb_.
Case goods
thous. of lb.
Evaporated (unsweetened):
Case goods
thous. of lb.
Fluid milk:
Consumption in oleomargarine
thous. of lb_.
Production, Minn, and St. Paul
thous. oflb..
Receipts:
Boston, incl. cream
thous. of qt_.
Greater New York*
thous. of qt_.
Powdered milk:
Exports..
thous. of lb_.
Orders, net, new
thous. of lb_.
Stocks, mfrs. end of mo
thous. of lb_.

133,162

139.465

.31
132,194
48,379

.34
.27
130,984 179,162
44, 246 58,860

.32
94,838
32,898

.34
.35
.37
104, 426 107, 831 108,096
35, 734 42, 257 41,211

.32
121,157
45, 829

120, 210

71,948

40,117

21, 502

8,217

° 5,346

53, 989
3,632
.17
59,491
47,448
16, 384

62. 476
6,015
.17
53, 315
41,157
16,836

52, 304
5,880
.18
39,464
27, 598
15, 423

47,085
3,022
.19
38, 782
26,912
11,488

56,180
3,240
.18
43, 841
29, 730
10, 416

54,820
3,794
.17
39,809
26,139
13,339

56,559
5,693
.17
45,317
29, 733
15,164

75, 291
64, 395

94, 679 105,851 114, 953 111,731
82, 397 92, 767 102, 661 100,670

104, 661
92, 912

99, 572
86, 537

90, 890
78,197

79, 556 a 73, 952
68, 363 « 62, 261

33, 619

23, 334

16,856

21,405

19, 833

21,254

52,153
2,832
.15
68,760
54, 293
18, 480

54, 459
46, 593

56,767
48, 320

23, 224

27, 349

22,140

143, 320 136, 491 127, 217 123, 556 124,574

148,822

56,641
3,836
.15
70, 659
55,607
14,645

181,552

.28
141,141 119, 602
48, 294 42,149

53,889
3,647
.16
61,513
51, 493
16,687

96, 392 149,628

61,215
3,735
.16
56, 909
44, 934
11,803

67, 946
55,780

5,676

.26

156,855

33,096

55,145
58,961
4,455
4,217
.17
.15 0
48,816 42,394
34,656 * 30,592
10,688
13,398

4,997

150, 704 149, 397 148,227

.24
.24
.25
200, 733 186, 562 157,839
72,844
72,036
53,000

21, 689

18,918

17, 581

180, 943 231, 663 269, 344 209, 278 161,929

138,202

105, 325

87, 766 102,872

23,328

118, 301 112,704 j 144,222

257 j 229

246

717

89

265

319

242

235

275

332

474

147

1,765

3,267

3,441

2,432

1, 581

1,582

2,383

2,108

2,646

2,585

1,810

4.85

4.85

4.85

4.85

4.85

4.85

4.85

4.85

4.85

4.85

4.85

4.85 | 4.85

3.15

3.00

3.00

3.00

2.80

2.80

2.80 |

2.90

3.12

3.15

3.15

3.15

4,403
3, 741

5, 759
5,552

2,931
8,829
72,916

2,845
6,044

2,329
3,659

« 2, 741
2, 963

66, 094

45,375

42, 597

61,775

74,145

13, 059 13,956
9,571
18,159
12, 284 16,511
179, 684 287, 204 339,978

6,529

8,645

7,012

36,039

29, 722

38, 702

Ii6,~64O
286
14, 527
11,219

17,110
18,131
105, 280 111,529
200
12, 298
20,896

228
13, 646
27,377

5, 998
39,899

8,333
17, 349

5,497
14,678

3,373
11,697

358, 780 343,132

229, 065

91,250

11,648
18, 460

2, 463

4,489

5,371

6,515

6,506

6,787

6,932

7,396

7,555

6,622

32, 713

27,869

24, 773

23, 075

22, 738

28, 022

31, 578

30,919

35, 548

16, 529 17, 768 17,160
16, 210 16, 380 15,308
107, 265 109, 639 105, 925 109, 377 111,875 104,459

15, 266
115,536

17, 535 19,614
18,431
110,417 110, 573 107,630
207
12, 338
36, 440

2, 719

281
12, 989
38, 504

243
16, 239
34,698

282
14, 844
29, 702

252
13, 559
23,166

234
13, 254
14, 580

219
12, 654
10,121

305
10, 952
9,212

268
236
10, 720 «a 12, 316
9, 435
8, 485

FRUITS AND VEGETABLES
Apples:
/168, 465
Production, crop estimate..-thous. of bu._
5,378
4,563
3,107
616
1,307
1,605 j 6,855
18,836
4,740
6,283
5, 414
Shipments car lot!
carloads..
1,175
7,546
Stocks, cold storage, end of month
1,811
5,976 ° 3, 769
8,225
1,189
360 j
2,510
10,276 I 11,018
thous. of bbL.
13,516
15,016
16,711
11,466
6,800
8,911 I 11,153
14, 450 13,260
15,574 i 12,114
8,428
Citrus fruit, car-lot shipments!
carloads.. 14,628
2, 592
3,645
1,744
3,420
2,625
1,838
2,385
1,020
1,518
3,326 I 3,038
2,392
Onions, car-lot shipments!
carloads..
3,654
Potatoes:
.906
1.656
.965
1.820
.935
1.800 , 1.790
Price, white, N. Y
dol. per 100 Re- 2.406
.713
.706
1.120
1..700
J/356, 406
production, crop estimate thous. of bu._
13,854 I 11,356
16,810 ~19~566T~24,~388
17, 688 18, 386
21, 073 ~I5,~453" ~9,~097" ~I2,~362~
Shipments, car lot!
carloads.. 18,718
° Revised.
§Bulk evaporated milk not included since December 1931.
/ Dec. 1 estimate.
*New series. Beverage figures are compiledby theU. S. Treasury, Alcohol Tax Unit. Monthly data on distilled spirits available beginning July 1933 and on fermented
malt liquors, April 1933. For earlier data for receipts of milk in Greater New York see p. 20 of the August 1934 issue. See p. 19 of the June 1933 issue for butter consumption.
Data on consumption of rectified spirits are as indicated by the sale of stamps. Data prior to April 1933 not published.
#See footnote on p. 37 of this issue. Data for 1933 also revised, see p. 20 of the October 1934 issue. For 1934 revisions see p. 20 of the December 1935 issue.
!Revised series. For revisions refer to the indicated pages of the monthly issues, as follows: For 1931 on apparent consumption of cheese, production of total and
American whole-milk cheese, and production of condensed and evaporated milk, p. 20, January 1933. For earler data on stocks (cold-storage holdings) of total and American
whole-milk cheese, p. 19, April 1933. For 1932 revised data on production of factory and American whole-milk cheese, production of condensed and evaporated milk, p. 39,
September 1933. For subsequent revisions for 1932 on production of evaporated milk, p. 39, November 1933. For 1932 and 1933 revisions on butter and cheese consumption
and 1933 revisions on production of butter, cheese, condensed and evaporated milk, see p. 19 of the March 1935 issue. For 1934 revisions on production of butter, cheese,
condensed and evaporated milk, and apparent consumption of butter and cheese see p. 19 of the November 1935 issue. For final revision for 1933, car-lot shipments of
apples, citrus fruits, onions, and potatoes, see p. 20, January 1935 issue, and for 1934 revisions see p. 20 of the November 1935 issue. Data on consumption of distilled spirits
revised to include brandy tax paid direct from fruit distilleries. For revisions see p. 39 of the March 1935 issue.
•Consumption of distilled spirits (withdrawn tax paid) plus brandy tax paid direct from fruit distillers plus ethyl alcohol withdrawn tax paid (see p. 39) equals
Bureau of Internal Revenue total of distilled spirits withdrawn tax paid.




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

43

SURVEY OF CURRENT BUSINESS

June 1936
1936
April

1936

1935
April

May

July

June

August

Septem- October Novem- December
ber
ber

January

February

March

FOODSTUFFS AND TOBACCO—Continued
GRAIN AND PRODUCTS
Exports, principal grains, includingflourand
mealf
thous. of bu._
Barley:
Exports, including maltf
thous. of bu__
Price, no. 2, Minn.:
Straight*
doL per bu..
Malting*
_
dol. per bu._
Production, crop estimate.--thous. of bu__
Receipts, principal markets*-thous. of bu__
Visible supply, end of month*
thous. of bu._
Corn:
Exports, including mealf
thous. of bu_.
Grindings
thous. of bu
Prices, wholesale:
No. 3, yellow (Kansas City)-dol. per bu._
No. 3, white (Chicago)
dol. per bu__
Production, crop estimate.—thous. of bu.
Receipts, principal markets—thous. of bu._
Shipments, principal markets
thous. of bu._
Visible supply, end of month*
thous. of bu._
Oats:
Exports, including oatmealt-thous. of bu__
Price, no. 3, white (Chicago).-dol. per bu_.

1,842

1,478

323

1,607

1,594

1,999

2,003

3,449

2,777

2,601

2,481

2,144

1,683

2,156

79

67

549

581

1,953

1,138

872

1,240

823

359

573

.59
.66
"292,249
4,809

.67

.66
.71

.66

6.142

3,826

7,845

13,443

12,978

.68
.71

.97
1.07

.87
.94

.71
.82

.58

.52
.59

.58

.61
.65

.56
.62

5,966

2,550

3,205

2,628

1,559

7,645

13,780

9,923

7827

11,894

7,684

6,845

5,169

3,681

6,412

12,009

16,087

16, 571

15, 474

15,124

34
5,995

44
5,513

39
4,571

29
4,028

63
4,001

74
3,917

28
4,710

46
6,021

42
5,630

32
5,748

48
6,044

52
5,868

70
6,880

.63

.93
.94

.92
.91

.87
.87

.84
.84

.78
.82

.81
.85

.62
.64

.62
0)

.67
.62

.63
.58

17, 497

9,878

10,850

9,091

7,313

6,146

7,129

9,544

18,879

.61
.56
(/)
!,202,852
18,729

14,466

13,640

18,003

8,508

7,905

7,356

6,039

4,565

3,342

3,102

3,812

7,256

8,133

7,494

7,750

8,673

15,924

12,041

8,860

7,317

6,821

3,932

2,481

4,884

7,685

6,802

5,008

7,955

62
.28

65
.50

63
.44

303

154
.36

70
.29

142
.30

105
.30

83
.29

70
.30

80
.30

88
.28

2,224

3,351

1,901

2,544

28,907

21,300

12,089

6,201

77
.29
(/)
,195,435
4,489

5,652

4,450

8,768

11,867

10,786

8,399

7,075

25,068

41,430

45, 863

46, 637

42,012

41,123

40, 213

37, 648

141, 593
15, 644

288,072
7,717

329,712
6,897

55,374
11, 789

35,182
12,412

90,194
14,056

148, 651
21, 932

342,068
19,769

90, 247
25, 040

51,059
27, 839

29,792
73,986

6,986
79,589

.039

.040

.040

.040

.040

.040

.040

.040

.040
/ 38, 452

.039

.039

.039

Production, crop estimate,--thous. of bu.
4,991
Receipts, principal m a r k e t s - t h o u s . of bu_.
Visible supply, end of month*
thous. of bu._ 35,493
Rice:
4,241
Exports!
pockets 1001b..
Imports#
pockets 1001b.. 60,932
Price, wholesale, head, clean, New Orleans
.040
dol. perlb._
Production, crop estimate._.thous. of b u .
Southern States (La., Tex., Ark., and
Tenn.):
Receipts, rough rice, at mills
161
thous. of bbl. (1621b.)..
Shipments from mills (milled rice) total s
thous. of pockets (100 lb.)__
Stocks, domestic, rough and cleaned (in
terms of cleaned rice) end of month
1,244
thous. of pockets (100 lb.)_.
Rye:
Exports, including
flour
thous. of bu_.
0
.50
Price, no. 2, Minneapolis
dol. per b u . .
Production, crop e s t i m a t e . . . t h o u s . of bu_. 35, 253
Receipts, principal markets*_thous. of bu_.
970
Visible supply, end of month*
thous. of b u .
7,176
Wheat:
Exports:!
Wheat, including flour thous. of b u .
1,423
16
Wheat o n l y . .
thous. of b u .
Prices, wholesale:
No. 1 Dark Northern Spring, Minn.*
dol. per b u .
1.23
No. 2 Red Winter, St. Louis
1.0'
dol. per b u .
1.02
No. 2 Hard Winter, K. C . d o l . per b u .
Weighted average 6 markets, all grades
dol. per b u .
.95
Production, crop estimate, total
thous. of b u .
Spring wheat
thous. of bu_
Winter wheat
thous. of b u . !463, 708
7,418
Receipts
thous. of bu_
7,745
Shipments
thous. of b u .
Stocks, visible supply, world.thous. of b u .
Canada
thous. of b u . 189,250
41,482
United States*
..thous. of b u .
Stocks, held b y mills (quarterly)
thous. of b u .
Wheat flour:
Consumption (computed)f.thous. of b b l .
Exports
thous.of b b l .
299
Grinding of wheat
thous. of b u .
36,444
Prices, wholesale:
Standard Patents, Minn..-dol. per b b l .
6.45
Winter, straights, Kansas City
dol. per b b l .
5.24
Production:
Flour, actual (Census)
thous. of bbl..
7,842
Flour prorated, total (Russell's) f
thous. of b b l .
Offal
. . . . t h o u s . of l b . 664,251
Operations, percent of total capacity..—.
48
Stocks, total, end of month (computed)
thous. of bbl._
Held by mills (quarterly)..thous. of bbl.

175

143

82

14

272

930

2,402

953

961

529

270

331

591

1,224

1,842

1,075

632

333

709

0
.61

0
.54

0

2

2

0

.46

.48

0
.45

.47

.52

"l,~680
9,198

298

""286

8,559

6,907

~2," 212"
7,060

~2,~46T

~2~ 754

8,367

9,088

657

845

483

232

882

538

1,019

1,070

979

2,968

3,136

3,044

2,554

1,855

2
.49

0
.49
/ 57,936
1,169

1
.53

0
.57

T06l'

9,660

9,022

8,412

7,642

7,555
1,425
30

1,281
30

1,426
2

1,195
8

1,231
66

1,278
8

1,324
14

1,489
14

1,602
30

1,132
34

1,202
13

1,192
28

1.19

1.16

1.05

1.13

1.27

1.33

1.34

1.28

1.28

1.33

1,31

.97
1.05

.93
.99

.87
.99

.92
1.04

1.03
1.15

1.10
1.19

1.05
1.13

1.06
1.11

1.09
1.13

1.09
1.10

1.03

1.07

1.00

1.07

1.07

27,883
14, 695
443,400
259,869
82,406

14,501
12,403

/603,199
/"169, 752
(433,447
9,943
7,181
484,010
259,928
74,730

9.277
7,964
468,910
243, 631
68,010

5,474
6,782
427, 650
223,725
58,164

9,022
248
38,987

1.13

.97

.97

28,895
11,233
339,480
192,419
36, 674

48,169
14,997
359,920
186,114
64,198

7,624
253

7,665
248

7,646
270

35, 567

33, 745

33,918

37,141

7.22

6.87

7.44

7.99

5.

5.54

6.13

6.24

7,381

7,387

6,390
7,971
405,507
216,181
42,832

8,298
8,683
380,760
199,926
31,607

8,154
266

7,920
303

35, 466
7.48
5.91

10, 024
11,217
342,490
194,779
23,739
58,700

7,787
8,290
621,828
48

42, 289
15, 595
418,130
219,903
78,631

257,424
80,371

155,791

139,774

8,567
279
41,686

10,703
314
45, 664

8.38

8.48

7.06

.52
~1,~324

1.08
1.06

9, 788
9, 289
380,190
206, 823
49,537
86,097

10, 373
335

7,923
234

9,386
253

38,254

33,123

40,042

8.15

8.21

7.19

6.84

6.69

6.09

8,274

7,175

8,644

7.19

9,055

9,035
297
"38,273

6.99
6.92
5.56
5.42
8,401

0

8, 252

8,016
11,116
9,746
9,070
7,857
8,163 659,717 744, 779 821, 200
9,802
9,386 709,574
8,349
8,975
48
597, 746 599, 548
692, 087 595, 761 728, 216
61
56 °694,897
53
47
46
53
46
51
4,270
5,592
4,200
4,500
5,400
5,600
5,400
5,200
4,950
4,100
4,400
4,600
4,222
3,864
4,068
3,639
1 1_
N .o.quotation.
. _ f Dec. 1 estimate.
,
Brewer's rice not included.
• May 1 estimate.
Revised.
* New series. For earlier data, see p. 20 of the November 1932 issue, rye and barley receipts and rye stocks; and p. 20 of the June 1935 issue, wholesale price of wheat,
No. 1 Dark Northern Spring, Minneapolis. Since the division of no. 2 barley by the Department of Agriculture into straight and malting grades as of July 1,1934, prices
for each grade have been reported separately.
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 revised
data on exports for 1932 see p. 39 of the June 1933 issue for 1933, p. 20 of the September 1934 issue, and for 1934, p. 19 of the December 1935 issue.
• Represents the visible supply east of the Rocky Mountains as reported by Dun & Bradstreet.
# See footnote on p. 37 of this issue. Data for 1933 also revised, see p. 20 of the October 1934 issue, and for 1934, revisions p. 20 of the December 1935 issue.




8,125
625,958
48

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

1936
April

June 1936

1935
April

May

June

July

1936

DecemAugust Septem- October November
ber

January

February

March

FOODSTUFFS AND TOBACCO—Continued
LIVESTOCK AND MEATS
Total meats:
Consumption, apparentA
mills, of lb__
Production (inspected slaughter) A
mills, of lb__
Stocks, cold storage, end of month, totalA
6G7
mills, of lb__
61
Miscellaneous meats
mills, of lb_.
Cattle and beef:
Beef and veal:
Consumption, apparentA—thous. of lb_.
1,032
Exportsf
thous. of lb__
Price, wholesale:
Beef, fresh native steers, Chicago
.149
do!, per lb__
Production, inspected slaughterA
thous. of lb__
Stocks, cold storage, end of month A
thous. of lb_. 64, 923
Cattle and calves:
Movement, primary markets: 0
1,673
Receipts
_
thous. of animals..
1,094
Slaughter, local
thous. of animals..
Slaughter, inspected. (See Leather
and leather products.)
573
Shipments, total
thous. of animals..
195
Stocker and feeder.thous. of animals..
Price, wholesale, cattle, corn-fed, Chicago.._
dol. per 100 lb__
9.21
Hogs and products:
Hogs:
Movement, primary markets:*
1,875
Receipts
thous. of animals..
1,322
Slaughter, local
thous. of animals..
Slaughter, inspected. (See Leather
and leather products.)
550
Shipments, total...thous. of animals..
38
Stocker and feeder.thous. of animals._
Price, heavy, Chicago..-dol. per 100 lb__ 10.55
Pork, including lard:
Consumption, apparentA--thous. of lb__
Exports, totalf
thous. of lb__
Lardf
thous. of lb_.
Prices:
Hams, smoked, Chicago..dol. per lb__
Lard:
Prime contract, N. Y_..dol. per lb_.
Refined, Chicago*
dol. per lb_.
Production, inspected slaughter, totalA
thous. of lb._
LardA
thous. of lb
Stocks, cold storage, end of mo.
thous. oflb__
Fresh and curedAthous. of lb._
LardA
thous. of lb_.
Sheep and lambs:
Lamb and mutton:
Consumption, apparentA--thous. of lb__
Production, inspected slaughterA
thous. of lb__
Stocks, cold storage, end of mo.
thous. of lb_. 1,795
Movement, primary markets:*
1,798
Receipts
thous. of animals..
990
Slaughter, local
thous. of animals..
Slaughter, inspected. (See Leather and
leather products.)
800
Shipments, total
thous. of animals..
112
Stocker and feeder.thous. of animals..
Prices, wholesale:
4.81
Ewes, Chicago
dol per 1001b_.
10.75
Lambs, Chicago
dol. per 1001b..
Poultry and eggs:
2,022
Receipts, 5 markets
thous. of cases..
Stocks, cold storage, end of month:
3,031
Case
thous. of cases..
Frozen
thous. of lb_. 69,145
Poultry:
Receipts, 5 markets
thous. of lb.. 15,122
Stocks, cold storage, end of mo.
thous. of lb_. 49, 316

882

917

808

876

834

1,015

799

843

744|

818

777

992

813
66

716
57

641
53

478
50

422
49

402
53

405, 041 425, 522 380, 687 416, 360 471,179
1,034
1,084
623
1,193
988

472,160
1,226

.192

.191

.174

374, 311 404,144

366, 834

540 !
50 !

.170

.179

.170

463, 641

465, 982

915

448
63

933

1,009

844

942

1,023

1,144 j

847

937

563
74

698 !
79 I

546, 724 473, 218 464, 510
1,013
1,041
604
.169

.166

.178

559, 057 492, 498 472, 516

77, 559

63, 523

55, 653

49, 473

47, 292

48,226 ) 65,484

1,630
1,025

1,636
1,034

1,402
904

1,603
1,053

1,944
1,136

2,257
1,241

2,545
1,351

2,037
1,340

1,809 j
1,143

587
219

596
237

494
150

414
145

792
302

978
441

1,198
629

12.55

12.43

11.50

10.00

11.54

11.31

11.41

911
445
11.36

1,650
1,138

1,551
1,075

1,301
926

1,336
912

1,278
874

1,220
824

1,652
1,182

506
<*30

477
26
9.41

375
27
9.49

420
24
9.49

401
31
11.26

390
22
11.41

463
25
10.19

91,164

106, 210

493, 972 426, 553 439,651
728
1, 218
787
. 180

.151

104, 447 I 86, 928 j « 79, 509
1,416
942

1,625
1,046

650
242

623
196

462
116

556
190

12.21

12.11

10.61

10.31

1,671
1,149

2,036
1,428

2, 524
1,774

1 817
1, 188

2,045
1,372

526
24
9.42

606
36
9.51

745
38
9.73

26
10.33

666
33
10.10

450,560 362, 070 443,486
14, 929 11, 268 16,403
7,514
10,117
11,461

.213

.223

.264

.279

.260

.267

.273

.263

.151
.158

.168
.177

.169 I
.177 !

.151
.164

.138
.144

.117
.134

.109
.120

363,631
57,704
666,105
564,881
101,224

593,399 I 529,987
503,413 I 445,307
89,986
84,680

.203

.171

484, 406

.141
.147
.154
.148
373,924 I 321,685
58,684 ! 49,102

.195

*675
67

1,785
1,158

415,462 427, 060 370,858 395, 089 341,068 301,338 I 399, 239 387,163 413, 271
14, 787 20, 294 15, 041 13,413
10, 256
6,213
7,425
14,872
12,832
7,193
6,877
4,915
1,515
3,406
2,731
7,932
9,740
7,853

.138
.143

689 !
70 I

.235
.112
.118

.111
.118

315,612 290,419
45, 772 41,306

250,608 j363,102 409, 862 495, 296 595, 065 i 390, 346 453,787
34,392
96,392 | 66,464
75,518
47, 758 58, 072 74,009
438,345 378,786 322,955 ! 281,365 291,115 379,495 511,711 530,143 °526, 963
369,910 325, 249 277,605 I 240,663 253, 209 326, 777 436,042 451, 418 "450,149
68, 435 53, 537 45,350 ! 40,702
37,906
75, 669 78, 725 a 76, 814
52,718

61,319

64,862

56,361

59,874

63, 986

60,255 I 69, 370

54, 961

54,837

64,298 j 55,016 ! 58,477

61,089

64, 678

55,946

59, 653

63, 641

59,941 | 69,083

55, 702

55, 231

64,140 I 54,829 j 58,285

3,031

2,354

2,376

2,109

1, 730

1,968

2,661

3, 025

2, 824

2,106
1,223

2,251
1,227

1,994
1,037

2,368 I 2,577
1,185 1,144

2,822 I 3,055
1,109
1,225

1,588
966

1,862 ! 1,631 j
1,127 j
949 j

1,046
86

891
81

1,169
109

1,660
533

1,860

822
335

620
112

3.69
6.72

3.00
6.72

2.95
8.23

1,434
342
3.09
8.25

3.28
8.05

3.59
9.00

4.11
9.81

4.35
10.80

1,503 1,170

856

6,353 I 4,644
2,738
98,653 I 88,018 ' 79,035

964
69,546

4.00
6.58
1,866

1,963 !

3,901
6,366 j 7,595
59,313 I 84,680 j 107,937

7,373
7,947
116, 274 112,585

1,376 |

781

1,732 I
927 I

704

732 1
94 I
4.50
10.25

2, 563 i ° 2, 334

690 !
59 !
4.34
9.97
811 i

784
159
59,722

1,701
1,023

4.62
9.66

1,798

13 I a 807
46, 367 ; « 45, 848

14,178

15, 147

18,615

18,646 i 16,765

21, 783

28, 332

62,486 I 56,321 ; 21,433

15,654 1 15,098

61,815

48, 274

47, 051

41, 262

39,720

53,156

86.098 I 107,389 j 103,833

85, 792 ! « 69, 494

34, 911

TROPICAL PRODUCTS
Cocoa:
12, 332 18, 229 21, 593 12, 587
19,388 19,005
24,357
30,508 ! 32,601
28,549
Imports#
-long tons.. 31,206
17,051
.0517 I .0510 .0501
.0491
.0470
.0501
.0517
.0535 I .0550
.0536
.0501
Price, spot, Accra, N. Y
dol perlb..
.0533
.0474
Shipments, Gold Coast and Nigeria
61,247 ! 59,819 \ 40,114
22, 657 14, 631 12,796
17,399
14, 696 10,820 1 23,345
long tons.-! 17,025
39, 786 54,930
• Revised.
A Government slaughter not included, for months June 1934-February 1935 see p. 44 of the June 1935 issue.
• See footnote on p. 37 of this issue. Data revised for 1933, see p. 20 of the October 1934 issue, for 1934 revisions see p. 20 of the December 1935 issue.
t For revisions of exports for 1932, see p. 40 of the June 1933 issue. For revised data for 1933 on all export data, see p. 20 of the September 1934 issue, for 1934 see p,
19 of the December 1935 issue.
• New series. See p. 18 of January 1934 issue.
• Included animals purchased for Federal Relief Corporation for the months of October 1934-February 1935.




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

45

SURVEY OF CURRENT BUSINESS

June 1936
1936
April

1935
April

May

June

July

1936

DecemOctober NovemAugust September
ber
ber

January

February

March

FOODSTUFFS AND TOBACCO—Continued
TROPICAL PRODUCTS—Continued
Coffee:
Clearances from Brazil, total
thous. of bags..
To United States
thous. of bags..
Imports into United States#
thous. of bags..
Price, Rio No. 7, N. Y
dol. per lb—
Receipts at ports, Brazil
thous. of bags..
Stocks, world total, incl., interior of Brazil
thous. of bags..
Visible supply, total excl. interior of
Brazil..
_
_thous. of bags.
United States
thous. of bags..
Sugar:
Raw sugar:
Cuba:
Stocks, total, end of month
thous. of long tons..
United States:
Meltings, 8 portsf
long tons__
Price, wholesale, 96° centrifugal, New
York.
dol. per lb_.
Receipts:
From Hawaii and Puerto Rico
long tons..
Importst#
.long tons..
Stocks at refineries, end of mo.f
long tons..
Refined sugar:
Exports, including maplef
long tons—
Price, retail, gran., N. Y
dol. per lb_.
Price, wholesale, gran., N. Y.dol. per lb_.
Receipts:
From Hawaii and Puerto Rico*
long tons—
Imports:
Cuba* A
long tons__
Philippine Islands*
long tons..
Shipments, 2 portsf
long t o n s Stocks, end of month, 2portsf.long tons..
Tea:
Imports#
thous. of lb__
Price, wholesale, Formosa, fine, N. Y.
dol. per lb._
MISCELLANEOUS PRODUCTS
Candy sales by manufacturers.thous. of dol—
Fish:
Landings, fresh fish, principal ports
thous. of lb_.
Salmon, canned, shipments
cases..
Stocks, total, cold storage, 15th of month
thous. of lb__
TOBACCO
Leaf:
Exportsf
thous. of lb—
Imports, unmanufactured^.._thous. of lb—
Production, crop estimate
thous. of lb—
Stocks, total, including imported types
(quarterly)
mills, of l b . .
Flue-cured, fire-cured, and air-cured
mills, oflb__
Cigar types
mills, of lb—
Manufactured products:
Consumption (tax-paid withdrawals):
Small cigarettes
millions..
Large cigars
thousands..
Manufactured tobacco and snuff
thous. of lb__
Exports, cigarettes
thousands..
Prices, wholesale:
Cigarettes
—dol. per 1,000..
Cigars
dol. per 1,000,.

1,094
549
1,138
.063
1,027
0)
8,128
995

2,092
460, 316

1,298
637

1,466
887

1,651
879

1,420
779

1,474
824

971
.069
1,440

1,308
728
1,114
.066
1,343

943
.064
1,379

1,130
.066
1,431

1,237
.068
1,651

1,086
.066
1,472

1,299
.065
1,539

24,032

22, 930

23, 204

24,716

27, 204

27,765

28,738

29,548

0)

0)

7,374
655

7,540
672

7,670
799

7,653
863

7,794
941

7, 669
817

7,844

7,832
832

7, 846
1,010

8, 116
1,056

2,230

1,993

1,589

912

775

755

1,108

1,991

340, 929 436, 500 323,013

414,436

1,138
612

1,316
734

1,061
.071
1,344

1,390
687
991
.071
1,509

24, 722
7,153
715

2,465

.033

.033

7,749 i
790 '

1,158

1,076

331, 240 301,969

313,903

.035

.036

.035

.031

73,641
82,044

69,960
54,844

67,731
38,864
211,023

.038

.033

176,391
325,379

168,519
242,346

125,811 163,091 117,378 120, 832 116,556
225,913 ; 210,218 326, 736 511,025 117,163

301,105

567,039

509,028 | 504,813 536, 236 571,925

512,518

3,710
.053
.049

4,209
.052
.049

6,496
.055
.051

12, 450
.055
.050

13,369
.056
.051

14, 485
.056
.052

.033

3,187
.053
.052

5,681
.053
.052

.033

1, 563
954
1,248
.066
1,409

1, 360

1, 201
692

1, 575
.068
1, 496

1,450
.065
1,444
30, 650

240, 378 241, 580 321, 986 331, 296 419,096

370, 639 310,543
10,308
.057
.052

4,375
.056
.052

.033

. 034

.036

90, 223 144, 017 197, 386
246, 005 315,164 279, 852
178,176
4,867
.053
.052

228, 493 240, 659
1, 895
.053
.052

4,391
. 053
.048

17,924

12,806

15,028

16, 260

12,099

6,472

6,381

1,534

1,402

225

5,506

15, 021

14, 213

37,988
14,501
43, 725
19,816

45,164
4,816
59,109
11,839

24, 586
5,875
56,190
13,857

10,361
6,857
50,368
14,603

27,842 101,105
0
6,555
58, 606 50,451
13, 742
13,346

7,666
0
46,853
9,754

8
0
40,943
9,951

2,298
0
34,026
15,842

636
693
30,636
9,352

26, 987
0
57,640
13, 340

28, 707
2 902
58, 820
13, 203

42, 877
9,371
65, 722
11, 080

6,776

6,049

5,999

5,499

5,830

6,521

8,457

9,326

7,867

8,378

6,067

5,915

8,159

.275

.275

.275

.275

.275

.275

.275

.275

.275

.275

.275

.275

20,419

19,637

14,434

11,191

16,910

27,886

26,187

27,030

26,170

22, 584

23,192

22,123

41, 588 38,378
203, 609 368,097

42,811
407,363

41,769
732,630

38, 445 42, 793 33,368
950,789 462,745 471,448
76,332
66, 527 70,079

26,437
359,188

60, 488
8,470

42,060
3,781

.275
21, 399
42,560
26,054
24.235
5,883

44,343
309,459
°22,053

21, 691

35,905

48,157

59,443

17,937
5, 700

17, 386
4,044

12,452
6,623

14, 782
5,250

22, 644
6,086

52, 671
4,943

67, 793
4,843

74,845

20,120
20, 016 39,029
490, 638 436, 976 494, 790
64, 031 45,079
31,292
41,929
8,430

35,137
5,726

13, 877
4, 553

1,283,742
2,163

2,200

°2,373

2,416

1,701
374

1,772
348

»1,949
« 344

1,945
374

10, 7fifi
11, 975 10, 774 12,7
9,841
12,725
13,138
11, 869 10, 697 11, 709 12,120
10,801
411, 606 373,673 407,731 402, 272 432,159 422,282 430,959 52^,3
457, 299 312,974 336, 579 350, t>24 ; 377, 1G7
30, 212 28, 984 31,916
27, 919 30, 315
26, 687 23,096
29, 254 27, 689 30, 603 27, 879 29,066
29,490
428,572 261,677 382,815 308,500 304, 549 307, 484 297,240 324, 298 393,886 337, 227 385,525 320, 394 351, 679
5.380
5.380
5.380
5.380
5.380
5.380
5,380
5.380
5.380
5. 380
5. 380 5.380
5.380
46. 041 46.041
46. 005 45. 996 45. 996 45. 996 45.996 45,996
45. 996 45. 996 45.996
45. 996 46. 041

FUELS AND BYPRODUCTS
COAL
Anthracite:
141
188
121
88
120
87
89
118
Exports
thous. of long tons..
156
156
162
101
Prices:
Retail, composite, chestnut!
12. 95
11.86
12.07
12. 83
12.47
12.96
dol. per short ton..
11.70
11.63
Wholesale, composite, chestnut %
10.015
10.001
9.245
9.981
9. 707
9. 436
9. 657
9.969
10. 065
dol. per short ton..
9.261
8.942
9.052
10.045
6, 461
2, 730
4, 336
3,536
2, 591
4,172
3,160
5,203
4,919
5,642
4,279
Production!
thous. of short tons..
4,806
4,620
5, 934
4, 217
2, 393
2, 429
4,347
4,879
3,032
3,587
2,868
4,865
3,681
4,168
4,116
Shipments!
thous. of short tons..
a
1
Revised.
Data not available.
/ Dec. 1 estimate.
tRevised series. For revisions refer to the indicated pages of the monthly issues, as follows: Exports of tobacco for 1932, p. 42, June 1933, data revised for 1933, see
p. 20 of the September 1934 issue. For 1934 revisions see p. 19 of the December 1935 issue. 1932 final revision of anthracite production, p. 42, January 1934. Anthracite
shipments for 1932, p. 42, December 1933. For revised data for 1932 on sugar meltings and stocks, see p. 41 of the May 1933 issue. For 1932 revisions of sugar imports and
exports see p. 41 of the June 1933 issue. For revisions of exports in 1933, see p. 20 of the September 1934 issue. Revised data on shipments and stocks of refined sugar at
2 ports (for period January 1925-April 1935) are shown on p. 18 of the October 1935 issue. The change resulted from a reduction in the number of reporting refineries.
#See footnote on p. 37 of this issue. Data revised for 1933, see p. 20 of the October 1934 issue. For 1934 revisions, see p. 20 of the December 1935 issue.
tA Price converted to short-ton basis. Data on a short-ton basis prior to April 1931 were not published. Earlier monthly data were reported on a long-ton basis.
Note major correction in data on imports of refined sugar from Cuba, June-November 1934, were shown in the February 1935 issue.
*New series. For earlier data, see p. 20 of the August 1934 issue, for receipts of refined sugar from Hawaii and Puerto Rico and imports from Cuba. Data prior to
May 1934 on imports of refined sugar from the Philippine Islands are not available.
1|Monthly retail price of coal was discontinued with the month of August 1935. Subsequent to that month the price is shown quarterly.




46

SURVEY OF CURRENT BUSINESS

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

1936
April

June 1936

1935
April

May

June

July

1936

Decem- January
August SeptemOctober November
ber
ber

February

March

FUELS AND BYPRODUCTS—Continued
CO ALr—Continued
Anthracite—Continued.
Stocks in storage: •*369
Total
thous. of short tons..
Stocks, in yards of dealers, end of month
38
no. of days' supply..
Bituminous:
Consumption:
5,133
Coke plants
thous. of short tons..
Electric power plantst
2,861
thous. of short tons..
Railroads.
thous. of short tons_.
Vessels, bunker
thous. of long tons..
462
Exports
thous. of long tons..
Price, retail composite, 38 cities H
8.57
dol. per short ton..
Prices, wholesale:
4.303
Composite, mine run. dpi. per short tonPrepared sizes (composite)
4.340
dol. per short ton..
Productiont
thous. of short tons.. 30, 318
Stocks, consumers, and retail dealers, end
of month
thous. of short tons.. 26,970
COKE
20
Exports
thous. of long tons..
Price, furnace, Connellsville
3.58
dol. per short ton..
Production:
88
Beehive!.,.
thous. of short tons..
8,466
Byproduct!-thous. of short tons..
Petroleum. __
thous. of short tons..
Stocks, end of month:
1,586
Byproduct plants
thous. of short tons..
Petroleum, refinery.-thous. of short tons..
PETROLEUM AND PRODUCTS
Crude petroleum:
Consumption (run to stills) .thous. ofbbL.
2,864
Imports*
thous. of bbl._
1.040
Price, Kansas-Oklahoma
dol. per bbl_.
Production!!--thous. of bbl_.
Refinery operations
pet. of capacity..
Stocks, end of month:
California:
Heavy crude and fuel oil§
thous. of bbl..
Light crude§
thous. of bbl_.
East of California, totalf§.thous. of bbl..
Refineriesf§
thous. of bbl_.
Tank farms and pipe lines!§
thous. of bbl..
Wells completed!!
number..
Refined products:
Gas and fuel oils:
Consumption:
966
Electric power plantsf-.thous. of bbL.
Railroads
thous. of bbl_.
Vessels, bunker
thous. of bbL. ~2~643
Price, fuel oil, Oklahoma, 24-26 refineries
.800
dol. per bbL.
Production:
Residual fuel oil*!§
thous. of bbl__
Gas, oil and distillate fuels*!§
thous. of bbl. .
Stocks:
Residual fuel oil, east of California*!§
thous. of bbl-.
Gas, oil and distillate fuels, total*§
thous. of bbl. _
Gasoline:
Consumption^
thous. of bbl..
2,140
Exports*...
thous. of bbl
Exports, value. (See Foreign trade.)
Price, wholesale:
.165
Drums, delivered, N. Y..dol. per gal._
.058
Refinery, Oklahoma
dol. per g a l Price, retail, service station, 50 cities
dol. per gal..
Production:
At natural gas plants!§.thous. of bbL.
At refineries!§
thous. of bbl_.
Retail distribution (41 States)!
mills, of gal..
Stocks, end of month:
At natural gas plants§—thous. of bbl..
At refineries!§
thous. of bbl_.
B
h

456

705

970

27

36

44

1,462 |
54

1,758
72 j

2,127

2,239

60

2,244

1,911

1,217

528

458

64

35

23

19

31

3,969

4,134 ,

3,860

3,765 '

4,086

4,171

4,539

4,649

5,042

4,990

4,764

4,862

2, 536
4,822
95

2,578
4,706
132
772

2,608
4,535
144
955

2,803
4,329
161
983

3,039 i
4,575 i
156
1,080 |

2,961
4,789
128
804

3,437
5,449
161
789

3,143
5,231
91
902

3,391
5,708
79
457

3, 453
6,078
96
323

« 3, 365

° 3,022

87
321

101
308

4.233

4.237

4.324

4.336

4.337

4.320

882
8.24

8.11

8.05
4.234 !

8.12
4.252 i

8.41

8.12 |

8.58

4.186
4.322
21,970 !

4.359

4. 347

4.290
26,849

4.294
30,117

4.314
22,339

4.281
26,164

4.336
25, 038

4.451
37, 768

4.508
33, 404

4.528
35,388

4.547
39, 330

4.683
41, 375

4.612
31, 233

36, 249

35, 541

41,127

40, 772

40, 378

40, 904

39,553

39, 911

37,017

33,052

29, 542

28,083

4.228

18

50

69

70

54

54

58

32

43

44

24

3.60

3.60

3.54

3.37

3.33 i

3.33

3.64

3.66

3.61

3.58

3.58

3.58

67
2,670
120

57
2,793
132

61
2,600
135

46
2,566
140

56 !
2,778
131

56
2,836
123

90
3,052
119

101
3,116
108

121
3,368
106

142
3,309
120

153
3,141
108

109
3,257
105

3,019
397

2,791
416

2,787
424

2,995
441

3,192
458

3,130
454

2,975
427

3,026
408

2,780
389

2,110
360

1,274
334

1,444
360

75, 066
2,651
.940
78, 427

80,412
3,160
.940
82,454 I
70

81, 724
2,937
.940
82, 338
74

84,903
3,000
.940
85,485
74

84,584
3,110
.940
84,816
74

83, 347
2,870
.940
84,109
74

85,132
2,815
.940
88,160
73

83,180
2,128
.940
86,476
73

84,992
3,161
.940
88, 711
73

85, 776
2,256
1.015
88,820
74

81, 523
2,758
1.040
82,120
76

85, 286
2,183
1.040
90, 568
75

62

58,818
35, 377
297,380
59,343

58,928
33, 233
298,240
59, 909

57,894
33, 282
294,314
57,584

58,498
32, 662
289, 703
56,081

58, 243
33,494
284,471
56, 055

58,518
34, 981
278, 643
53,710

59, 388
35,591
274, 568
51,751

60, 075
37, 646
270,906
50,495

61, 227
38,944
268, 781
6
49,089

62,802
40, 640
265,195
48, 789

63, 536
40,275
263,436
47, 686

63, 341
39, 856
266,092
51, 741

238, 037
1,248

238,331
1,467

236,730
1,385

233,622
1,348

228,416
1,428

224,933
1,433

222,817
1,218

220,411 *>219,692
1,304
1,149

216, 406
1,199

215, 750

214,351

759
3,365
2,402

849
3,390
2,621

856
3,241
2,496

935
3,300
2,666

1,016
3, 381
2,762

1,044
3,366
2,560

1,166
3,898
2,740

1,093
3,827
2,590

* 1,124

«979

2,690

3,005

1,102
3,682
2,329

1,132
3,773
2,400

.750

.769

.775

.765

.750

.740

.700

.713

.725

.756

.800

.800

19, 328

21,311

20,267

20, 210

21, 232

21, 495

22,652

23,278

25,005

24, 573

23, 751

23, 667

8,205

8,709

8,129

8,885

9,068

8,598

9,885

10,587

11,125

10, 262
17, 529

7,183
22,677

23,884

25,548

26,909

27,179

27,351

26, 265

25, 509

22,827

20, 281

18,027

16, 232

17, 365

20, 232

22,915

23,860

24, 272

24, 299

23,263

19,930

17, 418

15,322

15,746

37,884
2,729

41, 203
2, 759

42,836
2,453

37,862
2,678

41,401
2,195

35,956
2,760

33, 734
2,946

32, 553 a 27,216
1,435
2,308

35,871
1,404

.163
.056

.166
.056

.173
.056

.173
.056

.173
.056

.173
.056

.166
.056

.154
.060

.165
.061

.165
.060

3,653
39,544

3,196
37,176

3,378
38, 764

36, 076
1,330
.138
.051

.162
.053

.136

.139

.140

.141

.138

.134

.135

.137

. 137

3,056
34,728

3,085
37, 583

3,134
38,180

3,132
40, 667

3,064
40, 488

3,202
39,817

3,574
41,956

3,598
40, 260

3,654
40,667

1,043

1,113

1,145

1,243

1,258

1,174

1,204

1,093

1,007

973

833

2,050
37,867

2, 579
34, 725

2, 745
32, 499

3,027
30, 550

2,975
26, 549

2,760
27,166

2,442
27, 280

1,945
28, 043

1,645
31, 328

1,743
36,158

1,833
44,612

2,172
45, 799

Revised.
Figures revised to reflect transfers between pipeline and refinery stocks beginning December 1935.
! Revised series. For revisions refer to the indicated pages of the monthly issues, as follows: Consumption, of bituminous coal by electric power plants for 1932, p. 42
May 1933; for 1933, p. 42, May 1934. Data also revised for 1934 and 1935. Revisions not shown on p. 43 of the June 1935 issue and p. 46 of the May 1936 issue will appear
in a subsequent issue. Bituminous coal production for 1932, p. 42, January 1934. Bituminous coal production revised for 1933 and 1934. Revisions not shown in the
May 1935 issue will appear in a subsequent issue. For 1935 revisions see p. 46 of the March 1936 issue. Beehive and byproducts coke for 1932, p. 43 of December 1933 issue,
and for 1933 revisions see p. 43, July 1934. Data for 1934 also revised; revisions not shown in the July 1935 issue will appear in a subsequent issue. Crude petroleum production, stocks, east of California (total), at refineries and at tank farms and pipe lines, and wells completed, for 1932. See footnote on p. 56, November 1933. Consumption
of gas and fuel oils in electric power plants for 1932, p. 43, May 1933; for 1933 revisions, p. 43, May 1934. Data also revised for 1934. Revisions for months not shown for
1934 on p. 44 of the June 1935 issue will appear in a subsequent issue. Data revised for 1935; see p. 46 of the May 1936 issue. Production of residual fuel oils and gas oil
and distillate fuels, stocks of residual fuel oil east of California, consumption of gasoline, production of gasoline at natural-gas plants and refineries, stocks of gasoline at
refineries for 1932, p. 56, November 1933; retail distribution of gasoline in 41 States for 1932, p. 43, May 1933; for 1933, p. 43, May 1934.
# See footnote on p. 37 of this issue. Imports also revised for 1933, see p. 20 of the October 1934 issue; for 1934 revisions see p. 20 of the December 1935 issue.
§ Data revised for 1933. See p. 20 of the January 1935 issue. For 1934 see p. 20 of the October 1935 issue.
• Data revised for 1933, see p. 20 of the September 1934 issue; for 1934 revisions see p. 19 of the December 1935 issue.
* New series. For earlier data see p. 20 of the February 1933 issue, production and stocks of residual fuel oil and gas oil and distillate fuels.
1 Monthly retail price of coal was discontinued with the month of August 1935. Subsequent to that month the price will be shown quarterly.

• Beginning with August 1934 certain anthracite stocks were included which had not been covered in previous reports.



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

47

SURVEY OF CURRENT BUSINESS

June 1936
1936
April

1935
April

May

June

July

1938

DecemAugust SeptemOctober November
ber
ber

January

February

March

FUELS AND BYPRODUCTS—Continued
PETROLEUM AND PRODUCTSContinued
Refined products—Continued.
Kerosene:
Consumption!!
thous. of bbl.
Exports
thous. of bbl.
Price, 150° water white, refinery, Pa.
dol. per gal.
Production§
thous. of bbl.
Stocks, end of month§
thous. of bbl.
Lubricating oil:
Consumptionf§
thous. of bbl_
Price, cylinder oil, refinery, Pa.
dol. per gal.
Production!
thous. of bbl.
Stocks, refinery, end of month §
thous. of bbl_
Other products:
Asphalt:
Imports#
thous. of short tons.
Productionf!
thous. of short tons.
Stocks, refinery, end of month
thous. of short tons.
Coke. (See Coke.)
Wax:
Productionthous. of lb.
Stocks, refinery, end of mo§
thous. of lb_

3,751

3,545
496

2,768
614

2,885
456

3,631
519

3,892
750

4,520
370

4,724
585

5,081
497

5,569
473

4, 785
455

4,098
435

.050
4,325

.050
4,474
7,295

.050
4,417
8,310

.050
4,212
9,169

.048
4, 390
9,398

049
4,498
9,238

.049
4,978
9,318

.049
4,878
8,879

.050
4, 624
7,915

.051
4,761
6, 599

.055
4, 445
5, 784

.055
4,741
5,974

1,802

1,919

1,558

1,655

1,667

1,697

1,820 !

1,576

1,433

1,396 I

1,520

1,863

.110
2,309

.113
2,392

.120
2,247

.120
2,213

.120
2,399

.120
2,357

.120
2,463

2,453 I

.120
2,484

.120
2,309

.126
2,204

.135
2,515

7,026

6,897

6,855

6,517

6,649

6,607 i

6,612

6,857

7,025

7,127

7,385

7,137

251

0
308

2
350

411

424

435

512
.056

.139

43,120
144,153

41,160 I 31,360
145,982

141, 506

2
352

32,480
138,941

.120

j

2
380

7
343

351

12
248

3
203

363

354

341

377

405

35,000

36,400

39,200

41, 720

40,320

120, 398

114, 675

136, 646

131,560

124, 557

1
179

1
261

463

526

44, 800

36,120

42, 280

118,636

118,312

119, 684

1 |
198 I

LEATHER AND PRODUCTS
HIDES AND SKINS
24,736 27,003 25,107 33,178 28,357 25,056
Imports, total hides and skinsf#-thous. of lb__ 28,116
27,786 25,373 27.152 28, 264 26, 255 28, 963
2,291
2,035
1,215
1,140
1,810
2,390
1,354
Calf and kip skins
thous. of lb_.
2,942
2,164
1,931
2,225
2,236
1,960
11.153 12,768 13,498
12,815
12, 275 10,203
16, 329 11,907 11,712 12,670
Cattle hides
thous. of lb._ 12,613
11,631
13,063
6,492
7,911
6,056
8,211
6,133
6,042
Goatskins
thous. of lb_.
6,132
7,277
7,950
5,574
6,299
5,573
8, 506
3,872
4,643
4,470
3,146
3,499
3,348
3,576
5,827
2,685
3,265
Sheep and lamb skins
thous. of lb__ 4,809
3,160
4,668
Livestock, inspected slaughter:
525
481
439
472
511
464
458
405
483
508
531
465
CalvesAthous. of animals..
812
892
669
886
956
742
683
735
875
1,083
906
763
745
CattleA
thous. of animals..
2,874
2,559
2,172
2,422
1,828
1,453
2,135
3,428
2,319
2,177
1,712
1,668
2,
617
Hogs
_
thous. of animals..
1,369
1,584
1,266
1,421
1,549
1,765
1,407
1, 540
1,314
1,546
1,374
1,483
1,665
SheepA
thous. of animals..
Prices, wholesale:
Packers, heavy native steers, Chicago
.148
.130
.143
.113
.123
.124
.130
.132
.154
.157
.150
.146
dol. per lb._
.130
Calfskins, packer's 8 to 15 lbs., Chicago
.175
.158
.153
.146
.191
.180
.156
.118
.176
.181
.138
.181
dol. per lb._
Exports:
LEATHER
242
226
430
333
213
448
382
443
146
510
210
410
310
Sole leather #
thous. of lb._
5,121
5,522
3,603
6,040
5,284
6,035
8,563
5,044
4,595
Upper leatherf —
...thous. of sq. r e 8,571
5,798
5,107
5,234
production:
1,092
1,321
1,227
1,088
1,156
1,316
1,399
1,051
1,195
1,253
«l,002
939
Calf and kip*
thous. of skins..
a
1,924
1,815
1,865
1,659
1,829
1,723
1,722
1,957
1,943
2,062
l, 855
1,897
Cattle hides*t
thous. of hides.4,393
4,184
3,970
3,587
4,061
4,091
3,993
4,126
4,168
4,562
°3, 757
3,786
Goat and kid*t
thous. of skins..
3,153
3,144
2,850
2,802
3,039
3,628
3,138
3,474
3,061
4,111
«3,125
2,815
Sheep and lamb*fj
thous. of skins-.
Prices, wholesale:
I
Sole, oak, scoured backs (Boston)
.32
.39
dol. per lb._
.39
.37
.35
.34
.35
.35
.37
.37
.36
Upper, composite, chrome, calf, black,
.382
.380
" B " grade
..dol. persq. ft-.
.320
.362
.380
.382
.342
.354
.373
.386
.380
.378
.361
Stocks of cattle hides and leathers (all kinds)
end of month:
Total*1
thous. of equiv. hides..
18,209
18,203
18,044
17,844
17, 764 17,851
18,008
18,077 17,735 17,789 a17,786
17, 851
In process and finished*
11,330
11, 273 11,402
11,447
11,381
11, 377 13,188
thous. of equiv. hides..
11, 516 11,487
11,576 °11,568 11,710
6,762
6,700
6,557
6,463
6,434
6,606
Raw*f_
thous. of equiv. hides..
6,213
«6,218
6,140
6,578
6,547
LEATHER MANUFACTURES
Gloves and mittens:
Production (cut), total*
dozen pairs..
187, 746 201, 204 194, 270 194,951 271,909 255, 792 286, 857 253, 795 163, 467 1147,776
183,485 204,314
Dress and semidress*
dozen pairs..
103,353 112, 955 114,037 108,360 147, 926 142, 230 178,372 168,487 94, 725 182,884 109,573 1117,024
Work*
dozen pairs..
84,393 88,249
80,233 86, 591 123,983 113, 562 108,485 85,308 68,742 164,892 i 73,912 i 87,290
Shoes:
Exports
_
thous. of pairs..
82
82
79
73
101
106
104
65
43
97
188
Prices, wholesale:
Men's black calf blucher,
factory
dol. per pair..
5.50
5.50
5.50
5.50
5.50
5.50
5.50
5.50
5.50
5.50
5.50
5.50
5.50
Men's black calf oxford,
factory.
dol. per pair..
4.50
4.15
4.15
4.21
4.25
4.25
4.31
4.44
4.15
4.35
4.50
4.50
4.50
Women's colored blucher,
factory.._
dol. per pair..
3.15
3.00
3.00
3.04
3.10
3.10
3.10
3.13
3.00
3.10
3.15
3.15
3.15
1
Data for 234 manufacturers not available for these months. Figures shown are computed by means of the month-to-month percentage change indicated by the current
Census Bureau report for 228 identical concerns.
K Raw stocks in all hands as shown above include all hides from Government animals slaughtered under Federal inspection. Hides from cattle allotted to State relief
agencies and which were not killed under Federal inspection are not included unless they have already moved into sight. It is obvious, therefore, that a quantity of hides
from noninspected slaughter held by State Relief Agencies constitutes an invisible addition to the visible supplies shown above.
t Data on production of sheep and lamb and goat and kid leathers from 1927-34 have been revised. For revisions not shown on p. 44 of the April 1935 issue see D 19
of the June 1935 issue.
* Government relief slaughter included for the period June 1934-February 1935. See p. 44 of the June 1935 issue for the figures, excluding relief slaughter. For sneep
and lambs, relief slaughter only affected the data for the months of September to December 1934.
§ Data revised for 1933. See p. 20 of the January 1935 issue. For 1934 see p. 20 of the October 1935 issue.
# See footnote on p. 37 of this issue. Imports revised for 1933, see p. 20 of the October 1934 issue, for 1934 revisions see p. 20 of the December 1935 issue.
* New series: For earlier data refer to the indicated pages of the monthly issues. Leather production, p. 19, June 1933; leather stocks, p. 19, January 1935. New series
on gloves and mittens cover 234 identical manufactures as reported to the U. S. Department of Commerce, Bureau of the Census. Data prior to July 1934 are not available. These data are not comparable with data through January 1934 previously shown. New series on wholesale price of women's shoes began January 1934. Data not
shown above will appear in a subsequent issue.
t Revised series. For earlier data refer to the indicated pages of the monthly issues. Production of cattle, sheep, and lamb leather for 1932 and 1933, p. 44, April 1934.
Production of cattle hides revised for 1935, p. 47 of the April 1936 issue. Imports of total hides and skins for 1932, exports of upper leather for 1932, p. 43, June 1933. Production of asphalt for 1932 and consumption of kerosene and lubricating oil, for 1932, see p. 56 of the November 1933 issue.
• Data revised for 1933. See p. 20 of the September 1394 issue; for 1934 revisions see p. 19 of the December 1935 issue.




48
Monthly statistics through December 1931,
together with explanatory footnotes a n d references to the sources of the data, may be found
in the 1932 Annual Supplement to t h e Survey

SURVEY OF CURRENT BUSINESS
1936
April

June 1936

1935
April

May

June

July

1936

Decem- January Febru- March
August SeptemOctober November
ber
ber
ary

LEATHER AND PRODUCTS—Continued
LEATHER MANUFACTURES—Cont.
Shoes—Continued.
Production, totalf-.-thous. of pairs..
Men'sf
thous. of pairs..
Boys' and youths'f
thous. of pairs.Woinen'sf
thous. of pairs..
Misses' and children'sf-.thous. of pairs..
Slippers, all typest
thous. of pairsAll other footweart
thous. of pairs..

32,167
7,875
1,200
12, 856
3,105
2,905
4,225

34,564
8,063
1,379
13,993
3,688
2,776
4,666

31,258
8,163
1,519
11,205
3,197
2,985
4,189

27,234
7,819
1, 569
8,857
2,794
2,717
3,477

32,274
7,926
1,726
13,281
2,956
3,291
3,093

37,243
9,132
1,702
15,925
3,361
4,088
3,035

33,909
8,391
1,502
13,275
2,998
4,857
2,887

35,948
9,918
1,721
11,813
3,186
6,124
3,185

27,715
8,161
1,330
7,034
2,673
5,570
2,947

28,949
8,440
1,354
9,794
2,869
3, 277
3,214

32, 420
9,043
1,267
13, 436
3, 292
1,633
3,749

32,142
8,313
1,130
13,843
3,007
2,140
3,709

LUMBER AND MANUFACTURES
LUMBER-ALL TYPES
Exports (boards, planks, and scantlings)* •
M ft. b. inNational Lumber Mfgrs. Assn.: A \
Production, total
mill. ft. b. m.
Hardwoods
mill. ft. b. m.
Softwoods...
mill. ft. b. m.
Shipments, total
mill. ft. b. m.
Hardwoods
mill. ft. b. m.
Softwoods
mill. ft. b. m.
Stocks, gross, end of month total:
mill. ft. b. m.
Hardwoods
mill. ft. b. m.
Softwoods
mill. ft. b. m.
Retail movement:
Retail yards, Ninth Fed. Res. Dist.:
Sales
.-M ft. b. m.
Stocks, end of month
M ft. b. m_
Retail yards, Tenth Fed. Res. Dist.:
Sales
M ft. b. m.
Stocks, end of month
M ft. b. m_
Flooring
Maple, beech, and birch:
Orders:
New
Mft. b. m.
Unfilled, end of month
M ft. b. m.
Production
M ft. b. m.
ShipmentsM ft. b. m_
Stocks, end of month
M ft. b. m..
Oak:
Orders:
New
M ft. b. m.
Unfilled, end of month
M ft. b. m.
Production
M ft. b. m.
Shipments
M ft. b. m_
Stocks, end of month
M ft. b. m.
Softwoods
Fir, Douglas:
Exports:f #
Lumber
M ft. b. m._
Timber...
M ft. b. m._
Orders:
Newcf
M ft. b. m._
1
Unfilled, end of month J . M ft. b. m__
Price, wholesale:
No. 1 common
dol. per M ft. b. m__
Flooring, 1x4, "B" and better v. g.*
dol. per M ft. b. m_.
Productionc?
M ft. b. m._
Shipments^
M ft. b. m_.
Pine, northern:
Orders, new
M ft. b. m..
Production
M ft. b. m_.
Shipments..
M ft. b. m__
Pine, southern:
Exports:
Lumber§
M ft. b. m_.
Timber§.
M ft. b. m_.
Orders:
New..
-.M ft. b. m..
Unfilled, end of month
M ft. b. m._
Price' flooring
dol. per M ft. b. m._
Production
M ft. b. m._
Shipments
M ft. b. m__
Redwood, California:^
Orders:
New
M ft. b. m_.
Unfilled
M ft. b. m_.
Production
M ft. b. m._
Shipments
M ft. b. m._

6,053

89, 276

67, 627

61, 883

59, 893

73, 012

81,752

77,810

83, 258

89, 265

83, 150

66,073

1,613
~1~665"

1,382
280
1,102
1,521
290
1,231

1,374
290
1,084
1,681
285
1,396

1,359
285
1,074
1,415
290
1,125

1,636
278
1,358
1,614
288
1,326

1,806
289
1,517
1,761
280
1,481

1,750
293
1,457
1,643
259
1,384

1,971
302
1, 669
1,782
270
1,512

1,620
273
1,347
1,489
202
1, 227

1,422
207
1,215
1,331
220
1,111

1,490
229
1,261
1,569
238
1, 331

1.353
215
1,138
1,467
238
1,229

5,097

7, 276
2,080
5,196

6,946
2,062
4,884

6,863
2,030
4,833

6,875
2, 010
4,865

6,891
1,990
4,901

6,967
1,993
4,974

7,121
1,943
5,178

7,235
1,935
5,300

°7, 273
° 1,915
«5,358

7,203
1,905
5,298

7,103
1, 882
5, 221

7,210
81,851

5, 776
67,415

8,180
69, 405

10,629
67,104

10, 636
67,160

11,567
69,817

9,787
69,793

14.125
64,942

63,137

4,594
61, 365

3,677
70, 834

4,191
32,143

2,517
26, 619

2,883
26,788

2,701
26,991

3,741
27, 569

3,257
27, 773

2,882
27,902

3,354
28,164

3,061
27, 708

2,415
28, 637

2,884
29,794

2,374
77, 713
2,168
32, 069

4,391
15, 012
5,439
5,457
20, 033

3,634
5,195
3,942
4,148
22, 301

4,307
5,112
3,342
4,410
21, 313

4,311
5,388
4,347
4,692
21,043

5,706
6,045
4,200
5,114
20,295

4,278
5,498
4,315
5,037
18, 214

3,917
4,989
4,276
4,035
19, 638

4,634
4,763
5,584
4,891
20,497

4,514
4, 683
5,109
4,609
21,023

5,768
6,444
4,279
3,997
21,878

4,263
3,879
21,209

5,989
11, 303
4,123
3, 936
21,077

19,221
33,521
30,761
29.483
59,961

13,947
10, 638
11,698
14,438
53,959

21,991
14,422
15,078
18, 306
50,392

18,622
15,304
18,108
17, 732
50,639

15,466
12, 423
20, 606
18, 374
52,644

16,456
11.004
17,642
17,864
52,408

19,459
13,065
19,467
17,402
54,475

24,383
14,347
21, 642
23, 475
52,843

25,125
19,925
20,823
19, 547
54,119

25,064
25,492
24, 203
19,497
58,825

30, 204
35, 301
22, 783
20,395
61,365

40,675
52,892
21, 831
23,081
60,115

40,462
23, 371

38, 663
15, 623

14, 607
14, 346

2,517
577

4,862
8,615

15, 568
20,834

26, 952
36,486

22, 677
14,548

20, 227
17,577

26,139
21,931

24,199
23, 456

19, 542
19, 455

0)

16.00

16.00

16.00

16.00

0)

0)

0)

0)

(!)

43.00

43.00

43.33

45.00

46.00 ! 46.00

11,462
12,392
10,119

9,239
1,803
9,322

8,220
265
6,535

9,942
779
8,219

7,350
392
8,215

24,350
3,516

24,999
5,713

27,083
10,492

21,983
7,072

18, 506
10, 261

4,500

9,912
3, 697
10, 956

5,818
5,511
5,638

6,912
8,738
7,174

13,355
10,169
13,489

10,898
22,178
12,103

10,260
22, 774
11,211

16, 398
11,283

21,169
26, 739 23,233
25,653
28,913
22, 893 19,715
8,243
8,022
6,302
6,367
8,330
8,324
7, 506
162, 250 117, 256 166, 280 116,592 127,556 139,608 120,979
62, 968 70, 774 53, 683 62,093
73, 227 61,029
87,175
34.94
37.43
37.65
36.74
35.38
36.80
37.63
155,187 106,911 106,838 109,805 130, 515 137, 442 125,132
170,446 112,480 143, 349 129,264 137,051 144,476 120,818
35, 521
33,414
25, 342
29,269

38,045
41,035
26, 326
30, 353

23, 704
40,142
25, 675
24,548

24, 623
33, 721
27,939
30, 925

24,054
25, 622
34, 262
31, 259

25, 411
24,819
33,754
25,628

23, 498
12, 985

| 0)

128,825 124,184 150, 424 125, 758
68,010 90, 889 77, 275 72, 930
36.67
35.75
36. 61
37.01
148, 566 134,190 125, 928 141, 315 124, 541
145,970 128, 570 105, 743 121, 632 125, 416
143,695
69,962
36.61

29, 593
26, 290
38,073
27,952

27,456
27, 446
33,187
25, 761

28, 514
31,097
30, 369
23, 716

29, 579
35, S18
31,318
27, 068

34, 054
44, 489
32,185
24, 711

° Revised.
i D a t a temporarily discontinued.
* N e w series. For data on lumber exports for period of J a n u a r y 1919 to September 1932, see p . 20 of t h e November 1932 issue. See special footnote below on lumber
production, shipments, a n d stocks.
t Data revised for 1932, see p . 44 of t h e J u n e 1933 issue, exports of Douglas fir lumber and timber. Boot a n d shoe production for 1934, p . 45, March 1935 issue, for 1935
revision see p . 48 of t h e M a r c h 1936 issue.
• D a t a revised for 1933. See p . 20 of the September 1934 issue; for 1934 revisions see p . 19 of t h e December 1935 issue.
A N e w series on l u m b e r production, shipments, a n d stocks compiled by National Lumber Manufacturers' Association and represent an estimate of t h e total lumber
cut based on m o n t h l y reports received from regional associations covering between 80 and 90 percent of the total cut in 1934 and 70 to 80 percent in 1935. N o comparable
figures are available prior to J a n u a r y 1934.
^ Series have been revised for period J a n u a r y 1934-October 1935. These are shown on p. 20 of the February 1936 issue.
t Beginning with J a n u a r y 1934 the report includes all known operators; prior to t h a t time approximately 89 percent of t h e listed capacity.
§ Data revised for 1932. For revisions of exports of Southern pine lumber and timber, see p . 45 of the J u n e 1933 issue. D a t a revised for 1933, see p . 20 of t h e September
1934'issue
For 1934 revisions see p . 19 of the December 1935 issue.
cf New series covering these items will be shown in a subsequent issue*




49

SURVEY OF CURRENT BUSINESS

June 1936
Monthly statistics through December 1931,
together with explanatory footnotes and references to the sources of the data, may be found
in the 1932 Annual Supplement to the Survey

1936
April

1936

1935
April

May

July

June

August

Novem- DecemSeptemOctober
ber
ber
ber

January

Febru- March
ary

LUMBER AND MANUFACTURES—Continued
FURNITURE
Household:
All districts:
Plant operations*
percent of normal..
Grand Rapids district:
Orders:
Canceled
..percent of new orders. _
New
no. of days' production..
Unfilled, end of month
no. of days' production..
Outstanding accounts, end of month
no. of days' sales. _
Plant operationsf
percent of normal..
Shipments
no. of days' production..
Prices, wholesale:
Beds
1926=100..
Dining-room chairs, set of 6—1926=100—
Kitchen cabinets
__1926=100._
Living-room davenports
1926=100..
Steel furniture. (See Iron and Steel Section.)

59.0

41.0

41.0

48.0

49.0

53.0

61.0

62.0

61.0

59.0

60.0

58.0

6.0
9

8.0
7

7.0
10

7.5
6

3.5
18

5.0
13

4.0
15

6.0
14

8.0
15

13.5
8

3.0
19

9.0
12

10.0
13

11

8

10

9

18

18

19

16

16

12

18

16

13

22
54.0
11

17
36.0
8

14
34.0
7

14
40.0
8

16
44.0
13

19
48.0
11

21
55.0
12

24
56.0
14

24
58.0
13

21
57.0
11

22
57.0
12

22
57.0
12

24
57.0
13

67.5
84.0
83. 5
87.5

68.5
89.9
86.0
76.6

68.5
89.9
86.0
76.6

68.5
89.9
86.0
76.6

66.9
89.9
86.0
76.6

65.7
89.9
86.0
76.6

66.3
89.9
86.0
76.6

66.3
89.9
86.0
76. 6 I

66.3
89.9
86.0
78.0

66.3
89.9
86.0
78.0

67.5
84.0
83.5
87.5

67.5
84.0
83.5
87.5

67.5
84.0
83.5
87.5

241, 568
50,489

213, 802
43, 358

204,337
56, 720

METALS AND MANUFACTURES
I R O N AND S T E E L
Foreign trade, iron and steel:
Exports!
long t o n s . . 301,987
Imports*#
.
long t o n s . . 49,277
Price, iron and steel, composite*
dol. per long t o n . .
33.10
Ore
Iron ore:
Consumption by furnaces
thous. of long t o n s . .
Imports#
thous. of long tons—
177
Receipts:
Lake Erie ports and furnaces
thous. of long t o n s . .
Other ports
thous. of long t o n s . .
Shipments from upper Lake ports
thous. of long t o n s . .
Stocks, total, end of month
thous. of long tons..
At furnaces
thous. of long tons..
Lake Erie docks
thous. of long t o n s . .
Manganese ore, imports (manganese content)#
thous. of long tons—
19

205, 336
28, 786

286, 599
47, 719

289, 647
33, 208

296, 802
31,894

247, 312
31,312

244,419
53,158

238,358
59, 569

205, 242
56, 637

239, 269
53,678

32.29

32.35

32.42

32.44

32.68

32.82

32.84

33.15

33.31

33.34 I

33.48 |

2, 360
113 I

2, 467
108

2,199
158

2,198
154

2, 616
109

2, 654
165

2f 911
114

3,026
158

3,101
138

2, 952
154

2, 632
125

119
180

2,208
1,020

3.002
1,084

3,295
1,240

3, 482
1,281

3, 250
1,349

3,162
1,453

1,472
557

18
0

33.21

2,898
132

400

3,504

4,242

4,461

4,781

4,818

4, 601

1, 557

0

0

24,817
20,644
4,173

25, 325
21. 203
4,122

27, 002
22, 841
4,161

29, 509
25, 227
4,282

31,491
26, 936
4,555

33,469
28,512
4,957

35,115
29,756
5, 359

34, 277
28, 964
5,313

31,342
26, 248
5,093

28,404
23, 434
4,970

25, 809
20, 904
4,904

10

12

11

16

14

16

19

15

13

54

30

47,933
50,954
626
51,840

37,394
42,035
51.1
46,090

31.136
34, 729
41.1
37, 573

25, 668
27, 548
33.5
31,905

25, 526
28,915
34.3
31,111

35,602
35, 245
42.5
27r 772

35,658
36,996
44.7
33,442

45, 246
43, 467
51.0
40,132

47,778
44, 277
53.1
41,434

42,573
45,598
55.0
43,942

43,852
48,198
»57.1
43,386

°38, 278
M0, 611
o t19.9
°39, 384

90,105
144

53, 555
97

54,465
97

49,180
91

50,635
95

56,815
99

59,250
104

67, 655
116

70,095
122

66,825
120

63,660
117

64, 550
120

6S, 395
126

19.00
19.96

18.00
18.94

18.00
18.94

18.00
18.96

18.00
18.96

18.00
18.96

18.00
18.96

18.00
18.99

19.00
19.96

19.00
19.96

19.00
19.96

19.00
19.96

19.00
19.96

21.39
2,404

20.39
1,663

20.39
1,727

20.39
1,553

20.39
1,520

20.39
1,761

20.39
1,776

20.39
1,978

21.39
2,066

21.39
2,106

21.39
2,026

2 L. 39
1, 824

21.39
2,040

0i
22, 933
18,199
4, 734

Iron, C r u d e a n d S e m i m a n u f a c t u r e d
Castings, malleable:*
Orders, new
short tons..
Production
„_
—.short tonsPercent of capacity
Shipments
short tons—
Pig iron:
Furnaces in blast, end of month:
Capacity
-long tons p e r d a y . .
Number
.
Prices, wholesale:
Basic (valley furnace)..dol. per long t o n . .
Composite pig iron
.dol. per long ton..
Foundry, no. 2, northern (Pitts.)
dol. per long t o n . .
Production

-thous. of long t o n s -

1

48, 008
' 45, 536
« 55.9
* 46, 823

Iron, Manufactured Products
Cast-iron boilers a n d radiators:
Boilers, range:f
Orders:
New...
n u m b e r of boilers..
Unfilled, e n d of m o n t h , totalf
57,631
n u m b e r of boilers-. 20,177
Production
n u m b e r of b o i l e r s - 65,773
Shipments
n u m b e r of boilers.. 63,548
Stocks, e n d of m o n t h ..number of boilers. . 45,557
Boilers, r o u n d :
Production
t h o u s . of lb—
3,456
Shipments
thous. of lb—
1,683
Stocks, e n d of m o n t h
thous. of lb—
35,429
Boilers, square:
Production.,..
t h o u s . of l b _ . 18,176
Shipments
.
t h o u s . of lb—
11,129
Stocks, e n d of m o n t h
_ t h o u s . of lb— 127,274

106,605

69,459

51, 548

64,845

83,929

64,341

55,136

70,890

62,143

62,649

12, 052
51, 052
55, 764
28,065

32, 319
61,815
60, 422
29,458

55,291
88, 486
85,413
32,201

35,842
92,883
88,908
36,176

23, 512
69,922
63,878
42,220

22,306
61,808
66,051
37,753

25, 644
84,328
80, 591
41,490

25, 647
63, 500
64,338
40,652

31,999
57, 723
48,726
49,625

25, 545
65, 409
77, 344
37,690

25
65
62
41

382
658
306
042

26, 094
64,227
61, 937
43,332

4,311
2,115
38,090

4,604
2,493
40,149

4,487
2,710
41,917

2,898
3,647
41,138

4,312
4,368
41,139

4,121
6,879
38,361

6,467
9,485
35, 389

3,784
4,957
34, 377

3,287
4,018
33,644

2,977
3,120
34,106

3 343
437
35 053

3,954
1,664
37, 738

16, 409
7,730
126,053

19,062
9,241
136,149

16,436
10, 700
141, 520

12, 711
16,332
137,923

21, 462
21, 689
137,815

20, 906
31, 761
126,889

27,425
41,380
115,096

17,487
20, 325
112,592

18,941
16, 330
114,019

17,599
13,786
14.696

18 454
11 955
121 258

17,957
8,984
129,933

55,093

• Revised.
* New series. Data on furniture activity, all districts, prior to April 1933 not published. For imports of iron and steel, see p. 20 of the November 1932 issue; for
malleable castings, p. 20 of the April 1933 issue. New series on iron and steel composite price was shown on p. 19 of the January 1935 issue.
§ For 1932, 1933, and 1934 revisions, see p. 45 of the June 1933 issue, p. 20 of the September 1934 issue, and p. 19 of the December 1935 issue, respectively,
f Revised. Data prior to April 1933 not published on plant operations. For range boilers, see p. 20 of the July 1934 issue.
• Imports from Cuba not included.
# See footnote on p. 37 of this issue. For 1933 and 1934 revisions, see p. 20 of the October 1934 issue and p . 20 of the December 1935 issue, respectively.
\ Distribution of unfilled orders of deliveries of 30 days or less and deliveries of more than 30 days has been discontinued by the reporting source.




50

SURVEY OF CURRENT BUSINESS
1935

1936

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

April

June 1936

April

May

June

July

1936

DecemAugust SeptemOctober November
ber
ber

January

Febru- March
ary

METALS AND MANUFACTURES—Continued
IEON AND STEEL-Continued

Iron, Manufactured Products—Con.
Cast-iron boilers and radiators—Continued
Boiler fittings, cast iron:
6,032
Production
short tons_.
Shipments
short tons..
5,940
Boiler fittings, malleable:
4,296
Production
short tons..
Shipments...
short tons..
4,201
Radiators:
Production
6,345
thous. of sq. ft. heating surface..
Shipments
3,549
thous. of sq. ft. heating surface..
Stocks, end of month
thous. of sq. ft. heating surface.. 36,997
Radiators, convection type:*
New orders:
Heating elements only, without cabinets or grilles
I
thous. of sq. ft. heating surface!--I
Heating elements, including cabinets I
and grilles
j
202
thous. of sq. ft. heating surfacet-J
Sanitary Ware

3,790
3,955

3,870
4,271

3,610
4,321

4,201
4,696

5,542
6,210

5,860
6,330

7,451
8,454

6,835
6,620

5,589
4,248

5,730
5.194

5,107
5,217

2,729
3,274

3,228
3,014

3,107
2,873

3,073
3,036

3, 620
3,481

3,627
3,392

4,162
4,670

3,794
4,532
4,357 ! 2,503

3,970
3,393

3,982
3,475

4,602

5,304

4,742

3,422

6,096

5,937

7,430

5,037

4,706

4,733

4.951

5, 046

2,366

2,835

3,462

4,675 ! 6,470

7,701

10, 055

6,616

5,413

4,183

3,086

2,720

32,891

35, 388

36, 753

35,610 | 35,384

33,853

31, 493

30, 000

0, 243

32, 224

34, 779

114

113

60

231

170

130

46

49 !
j

56

82

106 !

153 !

148

167

243

208,732 245,519
174,640 228,210
370,588 ! 370,180

269,863
243, 262
402, 707

199. 63

i
|
199.43 | 197.53

338, 449
321,312
386, 716
202.01

207. 62

900,388
255, 477
212, 598
900,828
265,137
213, 646

760, 743
279,016 274,078
208, 213 164, 808
865, 904 773, 531
283, 524 264, 896
189,044 174, 671

753,635
300,160
146,128
770,024
307,018
153, 937

890, 631
312,172
193, 944
801, 207
292, 709
169, 204

187

62 i
|

121 I

5,721
5,325
3,817
3,663

63
117

i

Bathroom accessories:!
j
Production
number of pieces..!
Shipments
number of pieees.J
Stocks, end of month
number of pieces..
Plumbing brass. (See Nonferrous metals.)
Plumbing and heating equipment, wholesale
price (8 pieces)*
....
.dollars..
Porcelain enameled flatware:
Orders, new, total. _
dollars..
Signs.
_
dollars...
Table tops__
dollars..
Shipments, total
dollars..
Signs
dollars..
Table tops
_
dollars..
Porcelain plumbing fixtures:
Orders:
New, net
number of pieces...
Unfilled, end of month
number of pieces..
Shipments.
number of pieces..
Stocks, end of month number of pieces.Vitreous-china plumbing fixtures: t
Orders:
New, net
number of pieces..
Unfilled, end of month
number of pieces..
Shipments.number of pieces..
Stocks, end of month number of pieces.-

447,533
386,783
587,891

120,821
119,171
367, 593

207.70 I 207.80
822,997
213, 599
245,107
830, 241
243,535
222,447

937, 394
257, 005
258,369
949, 349
218,000
298,499

300.108 | 370,732
254,473 | 335.338
526,039 j 553,141

208.13

208.18

209. 22

212. 24

212. 29

816, 050
236, 380
195, 795
817,866
249,153
195, 707

751,629
191,827
236,173
676,656
196, 287
169,096

773,108
283,139
197, 974
666,820
172,813
194, 726

786,380
223, 994
196, 817
727,162
169,453
187, 073

877,598
206,115
154, 291
908,433
220, 427
176,295

2,441

2,904

2,322

2,101

2,391

3,193

2,864

3,095

2,158

1,594

2,529

2,288

1,692

3,053
1, 896
9,515

4,553
1,722
10, 710

4,506
2,309
10, 688

4,122
2,417
10, 600

3,702
2,771
9,405

3,645
2,915
8,579

3,339
3,026
6,635

3, 583
2,713
6,685

2,763
2,746
6,874

1,912
1,935
7,268

2,722
1,597
7,836

3,227
1,730
8,595

2,753
2,068
8,962

143,323

164,042

127,764

161,199

319,589

250, 648

179,928

168,820
168,840
738,580

308,912
229, 347
297,971

217, 842 191,060 293,904
218,834 187,981 216,745
333,240 381, 675 403, 381

236, 890
295, 880
363,914

175,140 117,289 112, 621 128,020 281, 827 256,377 194,337
241,678 190, 229 137, 535 124,197 219, 606 229, 699 227, 664
359, 308 424, 242 516, 677 629, 750 645,898 642, 893 674, 282
I

33,512

31,972

29, 640

25, 600

25,295

29,863 ! 34,439

47,301

33, 670

32, 285

35, 097

27, 917

83,188
69.8
45,942
63,087
52.9
24,712

28,233
23.7
4,322
31,952
26.8
6,731

29,083
24.4
4,779
30,646
25.7
4,867

30, 257
25.4
6,480
27, 665
23.2
5,443

34, 570
29.0
9,574
31,125
26.1
5,857

45,426
38.1
17,111
34,972
29.3
8, 598

29,995
25.2
5,616
35,411
29.7
10, 568

34,553
29.0
8,201
42, 597
35.7
12,347

32, 714
27.4
7,071
36,165
30.3
10, 024

40,529
34.0
13,919
37, 793
31.7
10,076

59,019
49.5
22, 542
44. 298
37.1
13, 373

3,942

2,641
46

« 2, 634 «2,259
41
44

« 2,268

•2,916
49

• 2,825
51

• 3,143
53

• 3,150
55

• 3,073 !• 3,046
51
56 :

51,701 ! 71,341
43.4 ! 59.8
16, 650 32, 542
47, 954 51, 674
43.3
40.2
15, 830 17, 385
« 2, 964 « 3, 343
54

Steel, Crude and Semimanufactured
Bars, steel, cold finished, shipments
short tons..
Castings, steel:*A
Orders, new total
...short tons..
Percent of capacity
Railway specialties
short tons..
Production, total
short tons..
Percent of capacity
Railway specialities
short tons..
Ingots, steel :§
Production
thous. of long tons..
Percent of capacity
Prices, wholesale:
Composite, finished steel
dol. per lb__
Steel billets, Bessemer, Pittsburgh
dol. per long ton..
Structural-steel beams, Pittsburgh
dol. p e r l b . .
Steel scrap, Chicago
dol. per gross ton..
U. S. Steel Corporation:
Earnings, net—
thous. of dol..
Shipments, finished products*..long tons..

341, 770 362,580 464,176 292, 770 266,574
312,007 326, 585 408, 402 283, 996 216,910
400,018 407, 886 387, 233 393,481 488,747

69
. 0236

132, 378 132,867

139, 596 373,413

204, 249 165, 624

31,378

i

.0244 I

.0244

.0244

.0244

.0243

.0243

.0243

.0243

.0243

.0243

.0243

.0237

27.00

27.00

27.00

27.00

27.00

27.00

28.00

29.00

29.00

29.00

28.20

.0180
12.50

.0180
13.00

. 0180
13.35

.0180
13.38

. 0180
14.19

.0180
14.75

28.00
.0180
14.34

27.00
.0180
9.85

.0180
10.06

.0180
9.97

.0180
.0180
10.35 ' 12.38

.0180
12.50

979, 907

591, 728

i8,915

14,118
578,108

547,"794" "624,197

13,470
614,933

Barrels, steel:
Orders, unfilled, end of m o n t h . . . n u m b e r . . 299,745
Production.
_
n u m b e r . . 650,028
Percent of capacity
48.5
Shipments
n u m b e r . . 658,657
26,991
Stocks, end of m o n t h
number..

944,168
538,255
39.6
534,479
29,926

971, 344
471,592
34.7
474,139
27, 379

976, 634
460, 737
34.0
457, 370
30, 746

932,843
509,121
37.4
505, 942
34,925

686, 741 681,820

20, 418
17, 665
I 552
661,515 721,414 | 676,315 783,

Steel, Manufactured Products
930,831 853,986 725,748
529, 414 532, 433 790, 057
38. 8
38. 9
58. 9
528,338 ! 530,433 | 791,469
36,001 • 38,001 i 36,589

620,571 I
535, 514 j
40.2 |
537,947 !
34,156 i

341,693
478, 592
36.0
480,918
31,830

400.608
479, 873
35.9
478, 588
29,171

349,752
476,465
35.6
471, 481
34,155

341, 248
578, 705
43.3
577, 240
35, 260

o Revised.
* D a t a on convection type radiators, prior to January 1932 not available. For earlier data on wholesale price of plumbing and heating equipment, see p. 20 of the
J a n u a r y 1933 issue; for steel castings, p . 20 of the October 1934 issue; and for United States Steel Corporation shipments, see p . 18 of the J a n u a r y 1934 issue.
t In equivalent direct radiation.
t Revised series. For earlier data on bathroom accessories see p . 20 of the October 1933 issue. D a t a on vitreous china plumbing fixtures revised beginning January
1933, see p . 47 of the April 1935 issue; revisions for 1933 will be shown in a subsequent issue.
A Steel casting series revised January 1935 by the increase of the number of companies from 164 to 180; comparable data not completed for 1934 and earlier years.
Figures for 164 companies in January 1935 were new orders, total 31,816, percent of capacity 20.3; new orders, railway specialties, 6,835; production, total 28,519; percent
of capacity 18.2; production, railway specialties 6,052
§ For 1932 revisions see r>. 46 of the July 1933 issue; for 1933, p . 47 of the August 1934 issue; for 1934, p . 50 of the August 1935 issue.
Revised figures for the first quarter
of 1935 are: J a n u a r y 2,870,000, F e b r u a r y 2, 774,000, and March 2,865,000 long tons.




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

SURVEY OF CURRENT BUSINESS

June 1936
1936
April

1936

1935
April

May

June

Decem- January FebruOctober NovemAugust Septemary
ber
ber
ber

July

March

METALS AND MANUFACTURES—Continued
IRON AND STEEL—Continued
Steel, Manufactured Products—Con.
Boilers, steel, new orders:
Area..
thous. of sq. ft—
784
Quantity
_
.number of boilers.-!
687
Furniture, steel:
I
Business group:
Orders:
New
thous. of dol— 1,583
Unfilled, end of month..thous. of dol—
913
Shipments._
_
thous. of dol— 1,634
Shelving:A
Orders:
New
thous. of dol—
378
Unfilled, end of month-.thous. of dol._
229
Shipments
thous. of dol.J
384
Safes:
Orders:
New
thous. of dol—
251
Unfilled, end of month..thous. of dol—
197
Shipments
thous. of dol._
244
Lock washers, shipments
thous. of dol—
313
Plate, fabricated steel, new orders, total
short tons
Oil storage tanks.
short tons..;
Sheets, black, blue, galvanized, and full finished:
Orders:
New
short tons.. 190, 269
Unfilled, end of month
short tons.. 221,950
Production, total
short tons.. 217, 975
71.6
Percent of capacity.
Shipments
short tons— 252,441
Stocks, end of month, total
short tons.. 124, 239
Unsold stocks
short tons.. 65,783
Tin and terneplate:*
Production
thous. of long tons..
Track work, production
short tons..
MACHINERY AND APPARATUS
Air-conditioning equipments
Orders, new, total
thous. of dol—
Air-washer group
thous. of dol..
Fan group
thous. of dol—
Unit-heater group
thous, of dol—
Electric overhead cranes:
Orders:
New
thous. of dol—
Unfilled, end of month
thous. of dol..
Shipments
..thous. of doL.
Electrical equipment. (See Nonferrous
metals.)
Exports, machinery. (See Foreign Trade.)
Foundry equipment:
Orders:
New
.1922-24=100..
Unfilled, end of month
1922-24 = 100..!.
Shipments.
1922-24=100. _i
Fuel equipment:
j
Oil bnrners:*J
\
Orders:
New
no. of burners.. 10,373
Unfilled, end ofmonth.no. of burners..
2,365
Shipments.—
no. of burners.. 10,042
Stocks, end of month
no. of burners.. 16,901
Pulverized-fuel equipment:
j
Orders, new, storage system:
I
Furnaces and kilns._no. of pulverizers. _ i
0
Water-tube boilers-.no. of pulverizers. J
0
Orders, new, unit system:
j
Fire-tube boilers no. of pulverizers..'
1
Furnaces and kilns.no. of pulverizers..
2
Water-tube boilers.no. of pulverizers.,
38
Stokers, mechanical, new orders:!
j
Class presidential
number..! 2,745
Class 2, apartment and small commer- I
cial
number—I
130
Class 3, general commercial and small I
commercial heaters
number..!
44
Class 4, large commercial:
I
Number
I
152
Horsepower
43,080
Machine tools:*
Orders:
New*
avg. mo. shipments 1926=100.. 125.'
Pumps:
Domestic, water, shipments:^
Pitcher, hand, and windmill
units— 40,004
Power, horizontal type
units.
Measuring and dispensing, shipments:
Gasoline:
Hand-operated-..
_
units..:
851
Power
units—
8,703
Oil, grease, and other:
Hand-operated..
units..
9,720
Power
_
units..
844

313
443

641
961

391
523

519
536

1,114
701
1,123

1,237
746
1,214

1,236
845
1,137

1,331
943
1,225

271
155
291

257
130
269

313
152
291

272
167
257

168
238
158
47 i

207
257
185
238

170
277
150
204

145
287
334
203

17,914
1,872

18,890
4,193

:
|
!
|

13,244 ! 17,630
2,152 i 3,690

623
634

810
705

590
594

1, 619
940
1, 586

1 427
882
1 484

1,667
964
1,586

389
243
342

325
198
371

419
235
382

189
173
185
219

« 190
« 210
232

27 830
5 940

29, 787
3, 020

13S 244
231 060
191 359
B2.9
175 702
108, 572
86,971

251,818
280,493
207, 820
08.3
209, 673
141,916
70, 648

575
829

784
787

464
587

685
595

1,393
980
1,361

1,618
1,036
1,562

1,507
945
1,591

1,520
908
1, 558

309
216
260

336
210
342

348
212
346

323
206
329

370
196
379

145
268
164
147

172
281
159
235

200
277
205
246

188
285
180
261

182
255
205
206

23, 628
3,505

31,105
3, 531

30,530
5,850

19,116
2,617

35, 584
9,341

38, 709
3, 354

174 805
267 673
223 000
'3.3
207 437
152 283
84 037

544
735

1,333
948
1,327

o

a
a

a
a
a

203
169
176
255

168,093
177,950
209, 219
68.2
202,365
116, 316
68,153

149,725
144,392
191, 507
63.8
186,971
124, 442
71, 345

128,957
112,944
143, 309
47.7
160,812
126,531
74,099

206,313
170, 299
145,505
48.1
152,146
125,37!
72, 632

207,140
204,108
206,613
68.3
180,893
138, 432
75,391

196.423
198.424
190, 701
63.0
176,897
142,922
75,581

226, 209
211,452
222,963
73.5
220, 536
146,306
83, 200

289,101
286, 799
224, 541
74.1
213,453
149,122
81, 597

203,318
299, 394
208,774
68.9
195, 077
149, 213
74,516

200
4,472

190
4,228

140
4, 210

4,054

4,028

2,962

3,495

3,090

3,025

3,366 j

1,361
229
674
457

1, 405
252
704
449

1,522
215
813
495

1,502
173
895
435

1,418
154
693
571

1,359
60
586
713

1,713
96
596
1,021

1, 833
170
854
809

1,958
135
673
1,151

0)
0)
571
711

)
690
715

()
(0
954
562

264
813
140

626
1,318
221

682
1,782
217

154
1,604
332

440
1,801
233

245
1,475
471

194
1,166
503

392
1,082
476

1,194
274

626
1,700
217

349
1, 076
373

363
1,723
317

113.2
86.1
69.7

100.7
117.7
67.0

100.2
135.6
82.2

94.0
126.5
102.3

113.0
142.3
97.2

128.5
144.5
124.7

140.0
164.7
119.7

100.4
119.2
145.2

118.1
90.8
147.6

127.0
107.5
110.4

110.4
130.4
114.5

115.0
94.4
124. 0

8,576
672
8,615
14, 575

10,174
1,108
9,738
13,966

9, 677
1,325
10, 044

10, 434
2,089
9,670
17,005

15,320
1, 860
15,549
18,422

29,090
3,807
27,143
11, 631

24, 088
2,108
25,657
12,047

9,553
1,612
10,049
14, 101

7,765
1,648
7,729
15, 565

7,275
1,487
7,436
13, 437

7,139
1, 531
7,095
14, 057

9, 235
2,034
8, 732
15, 090

0 I

0j
0
8
2

0 i
7
11

14,114

4,116 6,258

1
0

0
0

0
0

0
0

0
0

0
0

0
0

2
0

1
2
4

0
8
10

0
2
17

1
9
24

2
3
13

0
16
33

1
13
20

17

1
0
16

8,777

4,287

1,046

1,706

3,078

2,065

2,342

2, 376

83

107

158

190

348

615

683

359

281

187

167

130

33

41

55

96

164

272

268

145

108

84

71

40

2,432

2,872 j 4,931

196
34,166

161
27, 297

12(3
25, 120

132
24,775

98.3

110.8

112.1

105.3

22, 358
681

19,493
613

39, 221
772

35, 621
659

41,192
«964

564
5,491

583
4,785

592
4,901

426
4,517

569
3,992

599
5,226

7,963
1,178

8,166

5,993
823

5,678

4,401
881

9, 492
1,259

120
32,241

133
32,548

178
34,821

199
43, 594

269
47,355

345
55, 260

310
51, 031

65.6

73.3

91.1

119.8

125.8

80.0

102.9

35,432
726

36, 964
879

29,859

33,734
1,004

33,863
939

30, 014
782

21, 775
915

644
4,874
6,753
901

728
5,120

672
4,451

639
5,757

776
7,551

662
5,121

8,257
719

7,433
651

7,048
668

8,005
1,030

7,631
956

213
34,849

° Revised.

i Comparable data not available. See the regular monthly report of the Census Bureau for detailed data on this industry.
* New series. For earlier data see p. 20 of the December 1932 issue for tin and terneplate and p. 20 of the July 1934 issue for machine tools (including forging equipment). Current oil-burner series, available only back to January 1933, are based on reports from 160 concerns.
t Revised series. Data on air-conditioning equipment revised starting January 1933; see footnote on p. 4S, April 1935. The revisions for 1933 will beshown in a subsequent issue.
t Oil burners revised for 1934 and 1935, to exclude data erroneously reported. See p. 51 of the April 1936 issue. Data for 1933 and 1934 will be shown in a subsequent
issue.
A Revised data on steel furniture shelving for years 1932, 1933, and 1934 will be shown in a subsequent issue.
Digitized for 1FRASER
Revised series on mechanical stokers, see p. 48 of the April 1935 issue; domestic pumps starting January 1934, see p. 49 of the April 1935 issue.
• Series covering shipments and unfilled orders temporarily discontinued



52

SURVEY OF CURRENT BUSINESS
1936

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

April

June 1936
1936

1935
April

May

June

July

August

ber

October

Novem- December
ber

January

FebruMarch
ary

METALS AND MANUFACTURES—Continued
MACHINERY AND APPARATUS-Con.
Pumps—Continued.
Steam, power, and centrifugal:
Orders, new
thous. of doL.
Water-softening apparatus, shipments^
units..
Water systems, shipmentsJ 1
units..
Woodworking machinery:
Orders:
Canceled
thous. of dol__
New
thous. of dol__
Unfilled, end of month
thous, of dol._
Shipments:
Quantity
machines...
Value
thous. of doL.

1,066

538
552
10, 799

592
11, 685

535
10, 989
5
284 |
463 |
I
185 !
268 I

719

832

1, 044

1, 06S

493
10,827

577
11,060

583
1,560

812
8,946

715
8,125

666
7,195

754
9,856

737
6,371

980
10, 364

5
400
515

1
304
456

11
281
422

2
404
441

9
311
404

8
520
462

12
449
538

3
412
581

5
417
632

177
322

240
384

170
302

249
373

241
383

188
419

190
361

201
365

224
358

17, 960
.1219

16, 246
.1251

14, 534
.1263

24, 439
.1263

24, 251
.1260

18,997
.1257

19, 938
. 1203

2,510
546
1,964

2,013
524
1,489

2, 004
453
1, 612

747 !

377
610

13
311
426

12
286
451

217
383

168
318

157
249

21,685
.1257

18, 010
.1227

17, 663
.1238

16, 670
.1146

18, 272
.1138

19,047
.1164

2, 414
549
1, 865

1,830
520
1,310

1,840
439
1,401

1,815
601
1,214

1,880
549
1,331

1,893
422
1,471

2,002 ! 2,294
650
384 i
1,618 | 1,643

2,113
613
1,500

1,954
469
1,485

16,700
11,310

27, 446
16, 734
15. 626
.0878

16, 805
16, 837
16, 070
. 0878

27, 252
16,492
15. 754
. 0863

27, 079
26,197
24,967
.0778

30,900
10, 568
9, 652
.0798

20,050 ! 20, 275
22,239 ' 24. 327
23'. 095
21, 087
. 0897
.0850

25, 592
20, 772
20,118
.0903

22,104
27, 456
25, 255
. 0903

12, 573
19, 313 17.4.38
14,749
16,723
16,427
12,935 I.,
.0903 ! .0903 "."0903

29,535
2, 950

27,283
3,452

24, 302
1,157

22, 952
889

25, 863
3,437

29, 890
6,292

28, 599
2, 628

27, 847
3,006

31,412
7,977

31,648
8, 639

29,464 j 28, 105
29, 341
3, 1S3 | 6, 407

1,774

521

NONFERROUS METALS AND
PRODUCTS
Metals
!
Aluminum:
j
Imports, bauxite# —
long tons..!
Price, scrap, cast (N. Y.)
dol. per lb__
Babbitt metal (white-base antifriction bearing metals):
Production!
thous. of lb_.
For own use
„_.thous. of Ib__
Salesf
thous. of lb_.
Copper:
Exports, refined*
short tons..
Imports, total§ #__
short tons..
Ore and blister
„ short tons,.
Price, electrolytic (N. Y.)
dol. per lb_.|
Lead:
Ore:
Receipts in U. S. ore
short tons..
Shipments, Joplin district short tons..
Refined:
Imports^
.
short tons..
Price, pig, desilverized (N. Y.)
dol. per lb_.
Production
short tons_.
Shipments, reported
short tons..
Stocks, end of month
..short tons..
Tin:
Consumption in manufacture of tin and
terneplate*
long tons..
Deliveries
long tons..
Imports, bars, blocks, etcJ
long tons_.
Price, Straits (N. Y.)
dol. per lb._
Stocks, end of month:
World, visible supply
long tons__
United States
long tons..
Zinc:
Ore, Joplin district:
Shipments
.short tons..
Stocks, end of month
short tons.Price, slab, prime, western (St. Louis)
dol. per lb_.
Production, total (primary)f..short tons,.
Retorts in operation, end of mo..number..
Shipments, totalt
short tons..
Doinesticf
short tons..
Stocks, refinery, end of monthf_short tons.-

718

1,143

1,440 |

1,217

742

946

. 0450
. 0450
. 0451
37, 958
36, 229
37, 844
42, 333
43, 035
42, 271
p I 222, 306
225, 309 222, 636

.0450
34,088
34, 590
224, 013

.0452
32, 221
33,0^6
225, 010

.0460
32. 1S4
36, 743
223, 388

2, 350
5, 360
6,287
. 4977

2,300
6,635
6.646
.4724

2, 400
5, GOO
6. 525

2,350
5, 520
6,104
.4799

477

1, 430

771

2,181

. 0460
36,175
40. 457
220, 991

.0369
29, 857
40,922
220,043

. 0396
33, 202
32, 341
225, 057

. 0402
29, 332
26,978
231, 077

.0412
30, 488
34,575
230, 915

.0425
30, 807
38,195
227, 583

2,850
6. 235
4,994
. 4694

3,260
5,825
5, 234
.5010

3,100
3, 950
5, 224
.5110

2,280
4, 615
5,320
.5107

2,610
5,290
4,179
. 5229

2,850
5,320
4, 615
. 5044

1, 790
1, 890
5, 355
5, 360
6,773 ! 4,095
.4907 I .5121

2,120
4,035
4,700
.5188

13, 328
2, 713

16, 614
4,295 I

16, 718
4,930

14,275
5, 467

13,162
3,227

13, 246
2,681

11,939 ! 13, 425
2,849 ! 1, 389

15,049
1,472

13,782
13,338 I 15,607
2,312 I 2,985
3,523

16.074
3, 968

40, 060
28, 070

28, 751
26, 552

15, 204
25, 938

23, 013
23, 725

28, 296
23,529

38,584
25, 865

36, 436
25, 409

34, 736
23, 093

48, 579
25, 344

40, 889
21,000

35,200 | 36,770
24,900 1 25,130

38, 640
20, 930

. 0490
.0403
43, 252
35,329
33, 719
41, 400
38,455
42,311
38, 452
42, 311
80, 782 108, 680

.0422
34, 572
32, 389
35,627
35, 604
107, 625

.0430
34, 637
33,836
29, 353
29, 353
112,909

.0433
35,120
33, 884
32, 306
32, 306
115, 723

.0454
35, 547
32, 942
38, 824
38,824
112, 446

. 0467
36, 221
34,870
42, 351
42, 351
106, 316

.0483
36, 716
34, 777
47, 063
47, 063
95, 969

.0485
37, 469
36, 650
48,172
48,172
85, 266

.0485
40,550
38, 329
42, 058
42,058
83. 758

.0485
41,917
38, 205
46,468
46,468
79,207

.0486
36, 228
38, 004
39, 918
39,918
75,517

. 0490
42, 483
37, 922
38,159
38, 159
79. 841

783

6,704

1,609

1,903

2,055

1,369

2,258

3,903

.0441
29,358
37,615
224, 992

Electrical Equipment
Furnaces, electric, new orders
kilowatts..
Electrical goods, new orders^ (quarterly)

3, 246

IT*
thous of doL.
Lamlnated phenolic products, shipments
dollars.. 1,004,258
Mica, manufactured:
Orders, unfilled, end of month
143
thous. of dol.210
Shipments
thous. of doL.
Motors (direct current):
Billings (shipments)
dollars. _
Orders, new
dollars..
Panel boards an<i cabinets, shipments
thous. of dol..
Porcelain, electrical, shipments:
Special
_
dollars. - 92,637
Standard.,
dollars.. 35,228
408
Power cables, shipments
thous. of ft..
Power switching equipment, new orders:
Indoor
_
dollars..
Outdoor
..dollars..
Reflectors, industrial, sales
u n i t s . . 111,617
Refrigerators, household, sales*
number..
Vacuum cleaners, shipments:
Floor cleaners
n u m b e r . . 104,559
Hand-type cleaners*..
number-. 29,588

2,218

1,586

1,583

888, 705

816, 314

643,770

740,922

801, 292

100
160

150
166

106
158

77
117

124
161

464,835
476, 841

401, 708
433,141

358,543
348,349

432,406
403,480

366, 222
357,945

262

259

258

279

374

62,882
33, 566
542

64, 793
30, 284
355

62,711
28, 902
325

54,441 | 35,308
88, 521 161,634
66, 466
56, 038
266, 931 244, 602

30,180
98, 066
62, 608
161, 525

50, 452
139,512
65, 068
154,121

45,823
130,628
68, 635
110,161

79,330 i 73,086
31,219 i 27,321

58, 701
22, 521

56,906
13,950

58. 575
68, 473
24, 561
27,898
448 I 374

139,012

143,132

134,925

2,992
153, 452

832,902 1,061,285

878,041

813,455

844, 374

924, 238

179
201

109
187

121
147

113
153

157
18S

374,026 | 348,942
454,450 445, 613

490,201
405,167

571,756
625, 708

533, 595
612, 483

424, 944
585, 34S

338

293

306

83, 238
35, 458
293

70, 698
26, 881
233

78, 914
29, 923
419

77,690
27, 694
a
446

119
172

285
79, 377
34, 737
332

I
46, 781
102,719
71, 093
53, 622

65,128 | 78,343
16,227 I 27,478

101,108
41, 249
455

81, 004
53,858
«323

64, 691
41, 637 63,163
57,981
43,435 I 46,328
91, 522 156,313 | 166,011
127,347 | 135,293 115,247
81,807
97,360
70,093
89,044
83,002
87,811
43, 706
46, 930 75,904 | 119.764 179,056 I 272,139
93,627
29, 047

85,816
29, 261

86,763 | 74,733 j 86, 084
26,570 I 24,999 i 23, 769

114,001
35, 878

• Revised.

* New series: For earlier data, see p. 20 of the December 1932 issue, for tin and terneplate; p. 20 of the July 1935 issue, electric reirigerators; and p. 20 of the August 1934
issue, for hand-type vacuum cleaners.
t Data for Babbitt metal revised back to January 1933. Revisions not shown in the March 1936 issue will appear in a subsequent issue. For 1933 revisions on zinc
see p. 49 of the January 1934 issue; for 1934 see p. 49 of the February 1935 issue; for 1935, see p. 52 of the February 1936 issue.
t Present series on water systems cover 52 companies.
• For revisions for 1932, see p. 48 of the June 1933 issue; for 1933, p. 20 of the September 1934 issue; for 1934, p. 19 of the December 1935 issue.
§ Data for 1932 revised; for 1932 revisions, see p. 48 of the June 1933 issue, total imports of copper.
# See footnote on p. 37 of this issue. Data for 1933 revised; see p. 20 of the October 1934 issue. For 1934 revisions, see p. 20 of the December 1935 issue.
\ Revised series on water systems starting January 1934; see p. 49 of the April 1935 issue; for earlier data on new orders for electrical goods, see p. 19 of the August 1933
issue. New series on water-softening apparatus revised starting January 1933; revisions for 1933 will be shown in a subsequent issue.




53

SURVEY OF CURRENT BUSINESS

June 1936
Monthly statistics through December 1931,
together with explanatory footnotes and references to the sources of the data, may be found
in the 1932 Annual Supplement to the Survey

193(5

April

1936

1935

April

May

METALS AND

June

July

August

Septem- October Novem- December
ber

January

February

March

MANUFACTURES—Continued

N O N F E R R O U S M E T A L S AND
PRODUCTS—Continued
Electrical E q u i p m e n t — C o n t i n u e d
Vulcanized fiber:
Consumption
thous. of l b .
Shipments
thous. of dolWelding sets, new orders:A
Multiple operator
units.
Single operator
units.
Miscellaneous P r o d u c t s

2,129
470

1,819
425

1,871
434

1,716
363

1,579
344

1,524
420

1,423
420

1
1,073

1
497

0
413

7
324

3
387

2
479

0
480

4,111

4,507

5,297

5,195

Brass and bronze (ingots): 0
6,012
Shipments and deliveries
net tons4,620
5,698
Brass, plumbing:
Shipments*!
number of pieces- 1,275,836 1,062,452 1,001,767
Brass sheets, wholesale price, mill
.148
dol. per l b .
.143
.143
Copper, wire cloth:
Orders:
369
New
thous. of sq. ft.
398
351
Unfilled, end of month..thous. of sq. ft.
412
467
443
Production
thous. of sq. ft.
450
383
424
Shipments
thous. of sq. ft439
367
373
Stocks, end of month
thous. of sq. ft.
702
742
797

2,112
440

1,718
387

1,781
455

1, 635
417

7
430

0
467

0
543

2
796

0
810

6,294

5,944

5,894

5,948

5, 645

1, 782
509

995, 808 1,048,172 1,156,791 1,195,230 1,388,845 1,131,066

1, 830
492

5,897

916,783 1,240,615 1,155,921 1,210,393

.143

.136

.138

.142

.145

.146

.146

.146

.146

.146

411
472
376
375
801

441
509
358
375
787

417
486
416
419
781

439
560
375
359
788

386
483
442
440
741

424
527
384
396
725

386
505
379
395

418
528
447
398
689

370
495
406
416
689

413
516
424
411
709

PAPER AND PRINTING
WOOD
Consumption and shipments
short tons—
378, 708 385, 205 364,846 356,130 379, 217 362, 559 401, 864 394,485 388,244 416,019 393, 587 405,472
Groundwood
short tons.. 1 110,806
99, 711 102, 730
93, 086
88, 016
90, 925
86,102
98,365
97, 545 102,102
98,100
96,445 107,642
Sulphate
short tons._| 136, 761 111,592 113, 251 115,381 115, 875 127,001 120, 234 127, 598 124,418 120,807 139,951 130, 084 136,497
Sulphite, total
.
short tons..' 154,300 132, 772 133,814 122, 298 116, 810 125,226 121, 767 136, 623 134, 291 135,317 129, 249 128, 983 127, 281
77, 726
Bleached
short tons—I 98,791
80, 239
81,515
76, 558
73, 843
76, 036
72, 675
78, 624
76, 640
79,011
78,217
77,100
49, 555
Unbleached
short tons.. 1 55, 509
52, 533
52, 299
45, 740
42, 967
49,190
49, 092
57, 999
52, 343
55, 280
57,100
52,149
32, 873
Soda
short tons_.
28, 919
29, 317
26, 909
27, 588
29, 563
27,126
30,483
30, 639
30, 256
29,399
32,099
5,714
7,172
7,330
8,795
7,420
6,719
6,093
7,841
6,502
6, 336
Damaged, off-quality & misc'Lshort tons—
6,276
7,078
6,621
Production, all grades
short tons—
387, 719 387, 651 357, 547 353, 939 371, 259 355, 536 389, 331 388,785 386,523 420,037 397,913 417,948
Ground wood
short tons— 120"654" 109,019 110, 000
94, 603
82,046
79, 730
75,477
89, 067 94, 007
99,402 106.885 100, 725 110, 057
Sulphate
short tons— 137, 792 111,981 113,421 114,527 116,216 128,039 119,590 126,332 125,609 121,148 139,329 131, 642 136,076
Sulphite, total
_short tons— 142, 459 131, 794 129, 934 114, 223 120,099 127, 707 125, 671 135,193 132, 294 130,975 134, 290 128, 423 133,143
80,749
Bleached
short tons— 90,474
80, 965
77,650
69, 942
77,875
78,109
76,486
78, 227
77,528
75,977
75,236
79,704
52, 394
Unbleached
short tons—
51,985
50, 829
52, 278
44, 281
42, 224
49, 598
49,185
56, 966
50, 895
56, 317 55,739
54, 586
Soda
short tons_31, 794
29, 038
28, 276
27,000
27, 787
29,399
27, 541
30,022
30,989
29,171
28,821
32,381
5,887
7,194
6,384
7,257
8,717
7,704
8,020
7,791
Damaged, off-quality & misc'l- .short tons—
6,134
6,878
6,177
7,152
6,492
Stocks
short tons—
131,826 134,273 126,674 124,743 116,784 109,761
97, 683
90,263
90,080
94,406 106,172
91,984
64, 742
73, 529
66,364
45,739
36,896
32, 803
Groundwood
short tons—
72,012
67,559
41, 479
34,277
35,760
31,097
50, 727
Sulphate
short tons—
6,422
5,685
5,855
5,001
5,342
6,380
5,736
4,470
6,002
5,285
6,843
5,661
7,471
Sulphite, total
short tons—
55, 080
43, 239
54, 984
51,104
43,029
46,278
48, 759
52, 663
51, 233
44,894
49, 735
49,175
49,236
Bleached...
short tons— 28, 276
36, 593
36,909
33,050
26,434
30,466
32, 539
36,350
35,953
29,938
32, 639
33, 527
32,919
Unbleached
short tons.. 14, 963
18, 487
18,075
18,054
16, 595
15,812
16, 220
16,313
15,280
14,956
17,096
15,648
16,317
Soda
short tons—
2,477
5,547
4,507
4,598
4,797
4,632
5,047
4,586
2,924
3,206
3,556
3,502
Damaged, off-quality & misc'l—short t o n s 714
868
795
817
767
649
576
498
683
555
782
757
585"
Imports:
Chemical, totalf#
— -short tons— 122, 060
86,361 165,397 155,406 147,952 151, 705 165,848 228, 504 199,812 243,858 213,837 160, 649 143, 576
Groundwood#
short tons_. 13,905
10,097
18,368
16,744
11,715
14,300
14,818
31,097
23,621
28,116
20, 392
13, 796 20,457
Price, wholesale, sulphite, unbleached
1.90
1.90
1.90
1.90
dol. per 100 lb—
1.90
1.90
1.90
1.90
1.90
1.90
1.90
1.90
1.90
PAPER§
Total paper: f
Paper, including newsprint and paperboard:
732,493 778,059 713,999 694, 705 806, 564 752,268 914,328 783,476 714,352 823,183 °757,764 782, 517
Production
short tons—
Paper, excluding newsprint and paperboard:
378, 215J! 426, 046 340,925 349,842 430,907 411,755 493,920 398, 223 368,540 456, 210 399,512 451, 607
Orders, new
short tons—
396,991 431,455 380,324 361,701 440,277 391,410 488,758 410,231 394,889 472,919 414, 408 420, 753
Productionf
.short tons..
385,934 417,334 368, 583 1 361,474 435,108 390,179 484, 827 411, 507 381,314 475,790 401, 545 416,391
Shipments!
short tons—i
« Revised.
• Since January 1934 the figures are more complete than those on deliveries previously shown. Shipments of the concerns formerly reporting contribute about 80-85
percent of the total for the present series.
A These series have covered a varying number of companies for period covered in survey; percentage of industry coverage not known. Reports have been~from 12
companies since January 1934.
t In September 1935 3 firms discontinued reporting; data of 3 firms of equal size were added, thereby maintaining the comparability of the series.
I Revised series. See p . 49 of the June 1933 issue for 1932 chemical wood pulp imports. Data on total paper for 1934 revised. Revisions for months not shown in the
August 1935 issue will appear in a subsequent issue.
* New series. Data prior to October 1931 not published on plumbing brass.
# See footnote on p. 37, of this issue. Date for 1933 revised; see p. 20 of the October 1934 issue. Tor 1934 revisions see p. 20 of the December 1935 issue.
§ The figures on paper (including total, fine, and wrapping) are as reported by the American Paper and Pulp Association, except book paper, the data on whichlare
reported by the Book Paper Division of the Paper and Pulp Industry; they are not comparable with the data carried in the SURVEY from the American Paper and Pulp Association through December 1933. The present classification of the association differs from that previously used by them, as well as from the Bureau of the Census classification. In addition to the classes shown, the association also reports on printing paper (including uncoated book), boards, paperboard, and newsprint. The first two
of these classifications are not used in the SURVEY, while the Bureau of the Census report is used for paperboard and the Newsprint Service Bureau's report for newsprint
(the latter series is identical with that reported by the association). The ratio of the production reported by the association, the Newsprint Service Bureau, and the Bureau
of the Census (monthly report on paperboard) to the annual figures reported by the Bureau of the Census for 1934 follow: Total paper, 87.4 percent; fine paper, 76.1 percent; wrapping, 109.7 percent (present classification of association is much broader than is Census or earlier association classification); paperboard, 68 percent of all paper
board, but 81 percent of the more comparable classifications of container board and boxboard; book paper, uncoated, 95 percent and coated 100 percent (book paper estimates are by association since the data cannot be checked with Census data); and newsprint, 97 percent. Figures for the first 5 months of 1934 on book paper are not available. Data are available for the other series for the months of January to April 1934. These figures will be shown in a subsequent issue.
^ See footnote marked " A " on p. 60 of the March 1936 issue.




54

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 1936

1935

1936
April

April

May

June

July

1936

I1
Decem| August SeptemOctober November
ber
ber
I

January

February

March

PAPER AND PRINTING—Continued
PAPER—Continued
Book paper:*
Coated paper:
Orders, new
short tons..
Orders, unfilled
short tons..
Production
short tons..
Percent of potential capacity
Shipments.
short tons..
Stocks, end of month
short tons..
Uncoated paper:
Orders, new
_
short tons..
Orders, unfilled
short tons..
Production
___short tons..
Percent of potential capacity
Shipments
short tons..
Stocks, end of month
short tons..
Fine paper:*
Orders, new
short tons..
Orders, unfilled
short tons..
Production
short tons..
Shipments
short tons..
Stocks, end of month
short tons..
Wrapping paper:*
Orders, new
_..short tons..
Orders, unfilled
short tons..
Production
short tons..
Shipments
..short tons..
Stocks, end of month
short tons..
Newsprint:
Canada:
Exports.
short tons..
Production..
_.
short tons..
Shipments from mills
short tons..
Stocks, at mills, end of month
short tons..
United States:
Consumption by publishers
short tons..
Imports #
short tons..
Price, rolls, contract, destination, N. Y.
base
dol. per short ton..
Production, total.~_
short tons..
Shipments from mills.._
short tons..
Stocks, end of month:
At mills
short tons..
At publishers
short tons..
In transit to publishers-short tons..
Paperboard:§
Consumption, waste paperf..short tons..
Orders:
New
short tons..
Unfilled, end of month
.short tons..
Production
short tons..
Percent of capacity
Stocks of waste paper, end of month:
At millst
..short tons..
In transit and unshipped purchases
short tons..

15,835
9,118
18,264
56.9
17,215
16, 861

18, 464
8,798
19,335
55.8
19, 441
17,194

18, 390
8,153
19, 363
59.4
19, 267
15, 605

18,903
8,808
18, 640
64. 3
17, G54
16, 595

19,912
7,924
21,197
65.0
21, 728
16, 064

19, 264
7,225
20, 066
58. 1
20, 746
16, 580

17, 352
10,043
18,831
63.7
19,145
14,961

22, 352
10, 351
23,106
63.4
23,640
16, 243

22, 541
11.364
21, 844
66.8
22, 752
15, 050

81,320
27, 806
93, 358
69.9
87,815
63, 320

72, 222
26, 754
82,098
66.7
78, 740
66,352

78,190
29,864
86,121
63.2
84, 996
70,154

80,143
30,480
88, 201
68.2
85, 880
71,860

83, 400
35,464
87,911
70.1
88,127
73,098

88, 329
32, 771
95,894
72.4
92, 415
74, 820

87, 252
35,065
89, 262
66.4
91,197
74,399

82,558
37,746
91,075
71.5
84,964
79,518

98,108
40,212
101, 223
71.8
99, 769
81,821

93, 960
43, 739
96, 068
73.9
96, 293
81,713

27,175
10,649
30, 751
28, 936
52,880

37, 596
10, 676
39,114
37, 428
54, 610

25, 966
8,276
31,196
29,182
56, 550

24, 606
9,421
26, 650
25,910
55, 716

33, 646
8,067
36, 553
35, 501
56, 931

28, 497
9,269
28, 494
28, 599
56,903

37, 763
8,666
39,075
38, 959
56,504

29, 802
8,245
31,281
30, 709
56,867

29,912
8,857
31,633
28,355
60,206

43,582
10,560
41,979
43, 467
59,143

36, 999
12,813
38,155
34,803
62, 400

118, 858
60, 867
132,986
127,543
106, 385

147,153
62, 098
148, 984
148,493
105, 337

118,943
55,634
132,181
129, 561
107,000

122, 953
57, 596
121,304
121,871
104,715

162,916
60, 807
160, 510
159,808
105,116

141,541
70, 686
135,278
132, 926
107,856

184, 471
79,566
176, 973
175, 974
107, 655

134,343
73, 774
138, 523
140, 060
105, 468

125, 290
71,348
131,544
127,051
108,178

155,564
58,378
165,934
168, 333
105,361

124,216
56, 391
136, 087
128,188
114,425

18,610
11,336
23, 525
79.0
23,734
11, 992

20, 733
9,106
21, 758
62.0
21,215
14, 870

85, 548
49, 939
107, 533
85.4
105, 689
76, 033

87, 282
30, 975
96, 852
69.3
95, 237
60,919

20, 311
9,794
20, 756
58.8
19,513
15,810

192,894 158,924 239,881 227, 215 219,461 220, 866 208,912 240,421 244, 037 277,838 184, 884 184,079
258,721 222, 235 242, 693 232, 020 234, 753 235, 573 233, 968 266, 515 262, 854 244,732 227,955 221,190
267, 296 236, 905 251,979 228,196 226,884 225, 736 225,403 266, 679 285,179 265, 233 181,403 206, 010
85, 629

3

55,211

57, 771

65, 705

183, 399 166, 122 201, 970 161,884
203,590 188, 700 227, 330 202,878

153,811
190,872

41.00
76,470
77, 546

63,527

40.00
74,651
76,872

40.00
84,141
83, 825

40.00
77, 010
76,994

40.00
72, 797
71,213

75, 305

73,818

76, 658

92 082

148,142 160, 558 179, 821 187, 448 186, 514 161,185
195, 057 190, 272 222,811 234, 305 249,876 179,982

182, 313
157,456

40.00
75,160
74, 676

40.00
71,262
73,067

73, 579

40.00
79, 974
82, 220

50, 993

40.00
78, 955
81,151

30,138

40.00
75,869
79,672

41.00
79,336
74,126

41.00
72, 249
70, 650

17,087
15, 873 16, 294 17, 887 18, 235 16,450
15,440
10, 266 14,275
14, 340 12,473
188,453 203, 672 203, 353 211,071 223, 364 232, 200 221,114 222, 362 223, 377 240, 838 237,955
48, 567 33, 268 37, 342 29,914
29, 220 26,100 38, 703 34, 754 41,727 53,302 35,178

16, 032
221,165
39,387

245,566

217, 300 219,767

246, 318 196,429

229,064

226, 216

298,180
99,796
294,929

255, 730 259,995 248, 656 259, 486 297, 349 307,103 351,887 272,477 234,753
79, 296 80, 367 78,020 78,241
86, 767 105,088 107, 074 88,971
81,894
260, 851 262, 463 256, 665 260, 207 291,127 289,596 345, 596 294, 290 243,594
61.4
64.8
62.7
68.7
66.5
74.1
73.6
60.9
79.5
233, 784
214,680 222, 519 230, 365
228,137 220, 998 214,685 213, 297 211,029
47, 039
30,233
33,481
32, 432 38, 420 40, 780 35,044
32, 864
35,269

283,890
94,210
270,928

268,843
91,917
271,107

71.6
204,353
44,306

213,523

217, 934 246, 537 244,963

63.4

68.4

216,040

193,919

39, 737

39, 983

PAPER PRODUCTS
Abrasive paper and cloth, shipments:
Domestic
reams..
Foreign
reams..
Paperboard shipping boxes:
Shipments, total
mills, of sq. ft..
Corrugated*
mills, of sq. ft..
Solid
fiber*...
mills, of sq. ft..

77, 561
10, 241

69,173
6,851

50, 774
5,442

61, 294
8,538

61,116
7,364

62,201
6,719

66,455
8,743

73, 057
9,082

66,453
9,428

55,740
15,231

65,784
7,712

59, 936
4,575

2,095
1,873
222

1,829
1,626
204

1,933
1,729
204

1,832
1,626
206

2,017
1,772
245

2,161
1,912
250

2,176
1,931
245

2,412
2,165
247

1,991
1,796
195

1,781
1,604
176

1,964
1,768
195

1,846
1,653
194

83,393
718
568
150
77

89, 491
624
447
177
80

73, 780
674
495
179
78

82, 686
500
403
97
75

93,807
714
519
195
80

88, 721 100,160
787
868
611
681
176
187
83
85

94, 574
897
700
197
86

92,113
836
688
148
84

95,196
536
430
106

84,853
842
676
166
83

13,531
12,097

13,998
11,906

14,399
11, 672

14,915
12, 677

14,648
12, 931

14,643
12,906

15,785
13,117

15, 500
13,127

14, 966

13.033

~
PRINTING
r,'"'"
Blank forms, new orders
thous. of sets.. 101, S05
854
Book publication, totaLnumber of editions..
718
New books
number of editions..
136
New editions
...number of editions..
Operations (productive capacity). 1923=100,.
Sales books:
Orders, newtthous. of books.. 15,031
0)
Shipments
thous. of books..

17, 503
14, 804

0)

0)

• Revised.
t Revised series. Data for period January 1933-January 1934, inclusive, on consumption and stocks of waste paper at mills will be shown in a subsequent issue.
Sales books, new orders, have been revised beginning January 1935 to include the statistics of 2 members not included heretofore. The data now represent 90 percent
of all the sales books sold in the United States. For 1935 revisions see p. 54 ot the May 1936 issue. Revised data for 1935 not shown above, January 13,727, February
13,895.
i Shipment figures are no longer reported by the Specialty Accounting Supply Manufacturer's Association.
§ The Bureau of the Census has changed the title of the "Boxboard" report to "Paperboard" since data actually cover all board of .0012 of an inch or more in thickness
reported by the cooperating manufacturers. Figures given on production and new and unfilled orders are for 94 identical manufacturers; and consumption and stocks of
waste paper for 82 manufacturers. Estimated coverage is given in footnote marked § on p. 53
* New series. New series on paperboard shipping boxes compiled by the National Container Association, Chicago, 111., from reports from all members of the industry of
record beginning in January 1934. The volume of companies not reporting each month is estimated by the association, so as to keep the series comparable. Prior to January 1934 data covering this industry were compiled by the Paper Board Industries Association. See footnote marked " § " on p. 53 of this issue for book, fine, and wrapping
paper.
# See footnote on p. 37 of this issue; data for 1933 revised; see p. 20 of the October 1934 issue. For 1934 revisions see p. 20 of the December 1935 issue.




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

55

SURVEY OF CURRENT BUSINESS

June 1936

1936

1936

1935

April

Decem- January Febru- March
October NovemAugust Septemary
ber
ber
ber

April

May

June

July

RUBBER AND RUBBER PRODUCTS
CRUDE AND SCRAP RUBBER
Crude:
Consumption, total
long tons..
For tires and tubestt
long tons..
Imports, total, including latext#-long tons..
Price, wholesale, smoked sheets, N. Y.
dol. per lb__
Shipments, world
long tons_.
Stocks, world, end of monthf---long tons_.
Afloat, totalf
__-long tons..
To United States!
long tons_.
London and Liverpool
long tons,.
British Malaya
--long tons..
United Statesf
long tons..
Reclaimed rubber:
Consumption
.long tons..
Production
--long tons..
Stocks, end of month
long tons..
Scrap rubber:
Consumption by reclaimers
long tons..

40,913
31,825
41,456

30,705

.115
60,000
75,000
553,694 677, 005
83,000
97,400
47,678
37,651
140, 404 165, 064
66, 290
86, 723
264, 000 328,118

.120
77, 000
677,569
103,200
44, 375
167,745
91, 345
311,000

46, 707
~45~830

8,266
11,382
16,193

9,210
10,315
17, 032

37, 827

8,448
10,223
16, 341

33,327
25,961
32,182

34, 000 38,192
38,500
33,109 36,000
25, 019 6 21,893 6 21, 250 6 23, 627 6 22,818
26,073
35, 707 36,378
48,131 41,483

.121
.126
72, 000 70,000
671, 525 679,061
101, 000 96,000
55, 581 49, 018
171,303 174,141
89, 979 89, 098
315,000 315, 000
7,317
8,590
15, 780

7,136
8,421
14,889

.120
70, 000
680, 644
101,000
47, 724
177,250
80,843
321, 551

.116
74,000
661,509
100,000
43,413
174,894
67, 361
319,254

7,036
7,263
12, 611

7,011
6,871
11,321

.131
.127
63,000
75,000
655, 000 623,300
100, 000 89,000
49, 913 46, 588
168, 570 166, 896
71, 868 66, 794
312,112 294, 610

7,923
11,926
11, 784

7,494
11,482
12, 028

23, 498

32, 588

33,071
620,464
34,339

38, 648
6 23,198
39, 812

43,655
627, 437
33, 921

.132
62, 000
611,987
82, 000
39,094
164, 200
61,692
303, 000

.144
.154
63,000
«62,000
600,479 599,355
«84, 000 a 85, 000
43,870
46, 532
162,107 «157,028
66,618
72, 530
287,754 284, 797

6,817
12, 307
13, 537

8,031
11,665
14,326

5,893
10,188
15, 547

38,433
621,372
34,874
.159
« 68,000
574, 594
°90,000
58, 935
'147,712
61,045
'275,837
[

7,014
10,712
16,039
61,045

29,772

TIRES AND TUBESJ
Pneumatic casings:
Production
thousands..
Shipments, total
thousands..
Domestic
thousands..
Stocks, end of month
__.thousands__
Solid and cushion tires:
Production
thousands. _
Shipments, total
thousands..
Domestic
thousands..
Stocks, end of month
thousands..
Inner tubes:
Production
..thousands..
Shipments, total
thousands..
Domestic
thousauds..
Stocks, end of month
thousands..
Raw material consumed:
Crude rubber. (See Crude rubber.)
Fabrics
thous. of lb_.

4,376
4,989
4,908
10, 673

4,050
3,945
3, 850
10,797

3,793
4,134
4,061
10,433

3,426
5, 284
5,212
8,584

20
22
21
31

23
21
20
34

16
20
19
30

22
20
20

4,132
4,320
4,252
9,864

3,775
3,347
3,287
10, 296

3,376
3,904
3,840
9,748

8,011

7,736

7,055

3,153
5,111
5,053
7,765

» 3, 234
6 3,839
b
3, 783
6 6,322

6 3, 067
6 2,676
6 2. 621
* 6, 713

6

6 24
6 20
«» 19

26
&24
b 24
6 33

* 3,154
6 3,690
» 3, 647
> 5, 621

14,868 6 13,8

h

* 3, 281
6 3, 317
b 3, 258
» 6, 715
b 27
6 25

6
6
6
6

3, 238
3,232
3,170
6, 682

6 3, 282
6 3,365
6 3,311
6 6,639

6 3, 709
6 3,139
6 3,079
6 7, 224

6 2, 898
6 2,601
6 2,545
6 7,504

* 2,947
& 3,123
f> 3,065
6 7,360

» 23
»19
«»19
Ml

6 22
6 23
6 23
Ml

6 25
*23
6 22
6 40

6 15
6 17
6 17
6 37

6 16
6 21
6 21

6 2,880
6 2,791
6 2, 748
6 7,046

6 3,068
6 3,074
6 3,027
6 7,040

615,988

612,059

613, 417

3, 341
6 2, 775
* 2, 735
* 6,127

6 3, 592 * 3,193
» 3, 262 b 3, 035
*3,215 6 2,988
* 6, 523 6 6,611

12,606

14,148 6 13,523

6
6
6
6

3,
3,
3,
6,

279
268
229
667

6 13,632

6 3,719
& 3, 376
6 3,330
6 6,984

6 32

MISCELLANEOUS PRODUCTS
Rubber bands, shipmentsA
thous. of lb_.
Rubber-proofed fabrics, production, totalA
thous. of y d . .
265
Auto fabrics
thous. of y d . .
Raincoat fabrics..
thous. of y d . .
Rubber flooring, shipmentsA-thous. of sq. ft.. """"485
Rubber and canvas footwear:^
5,876
Production, total
thous. of pairs..
2,838
Tennis
..thous. of pairs..
2,988
Waterproof
thous. of pairs..
4,970
Shipments, total
thous. of pairs..
3,519
Tennis
thous. of pairs..
1,451
Waterproof.thous. of pairs..
4,928
Shipments, domestic, total.thous. of pairs..
3,480
Tennis...
.thous. of pairs..
1,447
Waterproof
thous. of pairs..
Stocks, total, end of month.thous. of pairs.. 16,699
6,565
Tennis
thous. of pairs..
Waterproof
thous. of pairs.. 10,134
Rubber heels:A
Production.
thous. of pairs..
0)
Shipments, total*
thous. of pairs..
0)
Export.
_
thous. of pairs..
0)
Repair trade
thous. of pairs..
0)
Shoe manufacturers
thous. of pairs..
0)
Stocks, end of month
thous. of pairs..
(0
Rubber soles:A
Production
thous. of pairs..
0)
Shipments, total"
thous. of pairs..
0)
Export
thous. of pairs..
(l)
Repair trade
thous. of pairs..
Shoe manufacturers
thous. of pairs..
Stocks, end of month
thous. of pairs..
Mechanical rubber goods, shipments:A
Total—.
thous. of dol..
0)
Belting
-.thous. of dol..
Hose._
thous. of dol_.
0)
Other...
thous. of dol..
0)

8

(l)

269

334

363

363

396
2,984
431

5,571
449
2,866
492

3,269
395
1,291
450

2,760
313
604
450

2,864
219
603
371

2,950
191
786
322

199
859
422

15, 653
4,156
11,497

4,427
873
3,554
5,510
889
4,622
5,489
881
4,608
14, 559
4,137
10,422

5,874
1,297
4,577
5,733
673
5,059
5,705
654
5,051
14, 700
4,761
9,939

5,172
1,301
3,871
5,657
491
5,165
5,626
467
5,159
14, 200
5,571
8,630

5,993
1,661
4,332
6,276
830
5,446
6,252
815
5,437
14,967
6,743
8,224

5,925
2,174
3,751
6,144
2,061
4,083
6,109
2,042
4,067
14,886
6,839
8,047

5,231
2,498
2,732
4,819
1,929
2,890
4,788
1,915
2,873
14,957
7,305
7,652

5,905
2,937
2,969
5,041
3,019
2,022
5,011
2,997
2,014
15, 804
7,207
8,597

17,836
17,492
233
4,810
12,449
34, 746

18,016
16,267
177
4,054
12, 036
36,464

16, 406
17,067
187
5,187
11,694
36, 051

18,517
18,814
296
5,029
13, 489
36, 291

16, 024
16,886
428
4,173
12,285
30, 710

16,649
17,094
348
2,829
13,917
30,374

0)
0)
0)

3,567
3,509
8
380
3,121
3,887

3,599
3,597
11
384
3,202
3,875

3,166
3,099
5
449
2,646
3,967

3,021
3,160
3
660
2,497
3,844

4,022
4,141
1
625
3,515
3,731

3,399
3,528
11
492
3,025
3,121

3,698
3,544
1
401
3,142
3,164

4,422
1,026
1,383
2,012

4,106
1,092
1,281
1,733

4,354
1,346
1,368
1,640

3,980
1,018
1,248
1, 715

5,015
1,155
1,438
2,422

4,755
989
1,319
2,447

5,200
1,027
1,408
2,765

0)
0)
0)
0)
0)
0)
0)
0)
0)
0)

285

293

227

220

276

4,068
305
1,398
456

4,030
292
1,716
486

303
1,540
400

4,200
278
1,986
325

5,209
427
2,370
477

5,415
3,188
2,226
4,210
3,276
934
4,170
3,243
927
17,056
6,241
10,815

4,857
2,376
2,481
3,688
2,579
1,109
3,623
2,521
1,102
18, 202
6,026
12,176

4,151
1,391
2,760
3,002
1,774
1,227
2,964
1,742
1,222
19, 358
5,642
13, 716

3,147
702
2,445
3,737
1,507
2,230
3,667
1,490
2,177
18, 767
4,836
13,931

4,699
1,056
3,643
6,132
1,340
4,792
6,106
1,322
4,784

17,173
18,764
241
7,405
11,118
34,869

20,262
19,658
336
7,471
11,850
35, 602

19,105
18,694
356
5,578
12, 760
34, 250

3,525
3,543
7
631
2,905
3,897

3,607
3,701
6
505
3,190
3,733

5,711
1,394
1,949
2,368

4,944
1,109
1,688
2,147

0)
0)
0)

0)
0)
0)
0)
0)
0)
0)
0)
0)
0)
0)
0)
0)
0)
0)
0)

0)
0)
0)
0)
0)
0)
0)
0)
0)
0)
(0
0)
C1)
0)
(0
0)

a
h
i Discontinued by reporting
Revised.
See footnote marked " t "
0) source.
t Data for 1934 and for the period January to July 1935 are estimated to represent approximately 97 percent of the industry; for for subsequent months the coverage is
estimated to be 81 percent. Previously published data are estimated to cover about 80 percent of the industry for 1929-33, inclusive, and 70 to 80 percent prior to 1929.
# See footnote on p. 37 of this issue. Data for 1933 revised. See p. 20 of the October 1934 issue. For 1934 revisions see p. 20 of the December 1935 issue.
• In October 1933, 4 new companies were included in the report and 1 additional company in January 1934. Since that month, the coverage of the industry is 100 per
cent. For preceding periods the coverage varied; in 1929 it was 90 percent; in 1931, 80 percent; and in 1933, 95 percent, according to the Census of Manufactures. Over
lapping figures are available for October 1933. See the October 1934 issue for October 1933 data for the smaller number of firms.
* New series. Earlier data not published on total shipments of rubber heels and rubber soles prior to December 1932.
t Revised series. Data on consumption of rubber for tires and tubes revised for 1932,1933, and 1934. See p. 51 of the August 1934 issue. Revised data from September
1930-December 1934—rubber world stocks, world afloat, and afloat to the United States appear on p. 20 of the July 1935 issue; for 1932 revisions for United States stocks, see
p. 50 of the May 1933 issue. See p. 50 of the June 1933 issue for crude rubber imports.
A Coverages of Rubber Association data has varied considerably over period for which data have been shown in SURVEY. Coverage was generally higher in 1934 and
1935 than in earlier years.




56

SURVEY OF CURRENT BUSINESS

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

1936

1935

1936
April

June 1936

April

May

June

July

Decem- January
August SeptemOctober November
ber
ber

February

March

STONE, CLAY, AND GLASS PRODUCTS
BRICK
Common brick:
Price, wholesale, red, N . Y.
dol. per thous-.
Shipments*
.thous. of brick-.
Stocks*
thous. of brick..
Face brick (average per plant):
Orders, unfilled, end of mo.
thous. of brick..
Production (machine)*
thous. of briek__
Shipments
thous. of brick..
Stocks, end of monthj
thous. of brick..
Sand-lime brick:
Orders, unfilled, end of mo.
thous. of brick..
Production
thous. of brick..
Shipments by rail
thous. of brick..
Shipments by truck
thous. of brick..
Stocks, end of month
thous. of brick..
Vitrified paving brick:
Shipments*.
.thous. of brick..
Stocks*
thous. of brick..

9.50

10. 00
9.63
9.50 j 9.40
93,608
76, 646 83, 076 88,324
341,477 343,554 341,315 I 365,481

9.44
9.50
95, 940 91,127
381, 532 394,988

9.50
9.50
95, 673
117,031
423, 651 424, 737

<).5O
73 586
426 550

.50
9.50
50,471 « 44, 736
417,482 <405, 866
833
172
66

387
177
229
2,133

381
293
255
2,107

342
310
284
2,078

337
350
313
2,107

322
320
300
2,126

291
351
277
2,168

294
348
311
2,223

354
322
235
2,334

562
309
147
2,485

95
2,385

9 477

850
345
104
343
346

810
1,821
125
1,754
1,374

600
1,582
206
793
1,860

1,150
2,077
213
1,901
1,877

1,012
1,974
144
1,873
1,921

720
2,396
44
1,894
2,202

390
2,115
129
1,927
2,164

400
1,399
83
1,280
2,185

1,225
1,274
33
896
2,451

1,690
486
36
714
2,046

7,965
1,032
29
1,085
2,285

7,928
2,220
186
2,129
1,600

3,307
80, 358

4,162
87, 241

7,753
89,638

12, 565
86, 236

9,173
81, 447

5,115
81,344

5, 454
79, 753

6,178
79, 468

4, 715
81,191

3,892
79,730

2,052
79, 677

4,856
79,194

1.667
6,136
27.9
6,198
21, 219
6,122

1.667
8,222
36.1
7,428
21,991
6,365

1.667
8,725
39.6
7,632
23, 083
6,741

1.667
8,021
35.7
7,813
23,287
6,849

1.667
7,235
31.8
8,105
22,415
6,779

1.667
7,173
32.6
7,799
21, 783
6,368

1.667
7,510
33.1
8,794
20, 501
5,891

1.667
7,093
32.2
5,976
21,613
5,607

1.667
5,803
25.6
4,514
22,908
5,226

1.667
3, 630
16.1
3,889
22, 686
5,214

1.667
3,454
16.4
3,156
22.971
5,590

1.667
5,263
23.4
7,138
« 21,126
a
5, 625

3, 576 a3,825
64. 3
62.4
3,458 ° 3, 748
8,239
8,183

«3,102
58.7
0
3,700
7,576

a

3a , 616
60. 8
° 3, 569
7,575

• 3,271
59.4
• 2, 938
7,836

« 3, 059
"55.5
« 2, 537
8,328

3,114
52.1
2,916
8,437

3,047
55.4
3,031
8,410

747
179

PORTLAND CEMENT
Price, wholesale, composite
dol. per bbl_.
Production
thous. of bbL.
Percent of capacity
Shipments
thous. of bbL.
Stocks,finished,end of month.tbous. of bbL.
Stocks, clinker, end of month-thous. of bbL.

1.667
8,519
39.2
9,089
20, 556
5, 276

GLASSWARE, ETC.
Glass containers:#
Production
thous. of gross..
Percent of capacity
Shipments
thous. of gross..
Stocks, end of month
thous. of gross..
Illuminating glassware:*
Orders:
New and contract
number of turns..
Unfilled, end of month
number of turns..
Production
number of turns..
Shipments:
Total
number of turns..
Percent of full operation
Stocks, end of month
number of turns..
Plate glass, polished, productiont
thous. of sq. ft..

3,604
€3.0
3, 604
8,224

a

3,115
° 54.4
2,956
8,060

« 3, 284
«59.6
•61.5
° 3, 239 • 3, 270
8,141
8,115

a
a

2,381

2,020

1,965

1,919

1,743

1,865

2,446

2,485

2,416

1,817

2,261

1,853

2,109
2, 039

2,608
2,065

2,623
2,022

2, 751
1,829

2,828
1, 555

2,757
1,591

2,306
2,013

2, 680
2,705

2,730
2,672

2,477
2,292

2,749
2,159

1,883
2,148

2,127
82.9
3,916

1,920
74.8
4,945

1,927
75.1
5,097

1,814
70.7
5,119

1,567
61.0
5,053

1,920
74.8
4,787

2,088
81.4
3,358

2,584
100.7
3,450

2,339
91.1
3,618

2,067
80.6
3,735

1,965
76.6
3,753

1,978
77.1
3,045

19,455

16,999

14, 582

13,163

13,909

14, 526

14,404

16,593

15,909

16,112

17, 276

13, 857

1.906
211

1,105
138

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, woodfiber,sanded, gauging,finish,etc
..short tons..
For pottery, terra eotta, plate glass, mixing plants, etc
short tons..
Tile, partitition
thous. of sq. ft..

114,934
523, 238
188,458

170,613
566, 719
161, 786

124, 302
498, 765
140, 363

388,440

416,709

345,826

56, 284
73, 990
4,724

72,957
62, 250
5,642

62,886
5,716

272, 202

293,984

235, 111

36,668
2,211

35,892
2,420

34,814
2,420

TERRA COTTA
Orders, new:
Quantity. _
Value

_

short tons,
thous. of dol.

1,945
215

1,440
133

791
93

934
113

104

581
76

1,027
124

1,267
149

1,509
179

47, 223 45, 575 55, 663
341,833 341,509 329,489

45, 069
335,104

31,361
337,465

713
91

TILE
Hollow building tile:*
Shipments
Stocks
a

short tons.
short tons.

38 498
346,785

42,336
43,196
43.069
341, 432 334, 369 335,114

28, 480
21,952
330, 262 «327,112

Revised.
* New series. Earlier data'not published on illuminating glassware prior to July 1932 (except production and percent of capacity); for earlier data see p. 20 of the June
1933 issue, face brick, machine production. Series on common and vitrified paving brick and tile beginning January 1934 were shown on p. 20 of the June 1935 issue. For
earlier data on gypsum see p. 20 of the January 1933 issue.
| Adjusted for degrading and year-end physical inventories.
t Data on plate glass represent the total output of the industry. Complete figures for the months of 1932 were shown on p. 52 of the March 1933 issue, for 1933 on
p. 52 of the March 1934 issue, and for 1934 revisions p 56 of the March 1936 issue.
# Monthly series on glass containers for 1934 and 1935 are not comparable with those of earlier years due to increase of number of firms reporting to 44. Shipments of the
44 firms for the year of 1933 amounted to 33,048, 747, compared with 23,511,963 for the 30 firms reporting for the same year. Comparable statistics on shipments for the
companies, now reporting by years, from 1928 to 1933, inclusive, were as follows (in gross): 1928, 31,943,016; 1929, 33,765,896; 1930, 31,905,933; 1931, 31,413,508; 1932, 26,947,949;
and 1933, 33,048,747. Data are not available for this period on production and stocks, nor are monthly figures on shipments available. It may be noted from the trend
of these data that the monthly figures prior to 1934 had a downward bias. Basis of estimating capacity was changed in computing the new series. Data for 1934 revised,
see p. 52 of the May 1935 issue.




57

SURVEY OF CURRENT BUSINESS

June 1936
Monthly statistics through December 1931,
together with explanatory footnotes and references to the sources of the data, may be found
in the 1932 Annual Supplement to the Survey

1936
April

1935
April

May

June

July

1936

DecemAugust SeptemOctober November
ber
ber

January

Febru- March
ary

TEXTILE PRODUCTS
CLOTHING
Hosiery:*
Production
thous. of dozen pairs..
Shipments
thous. of dozen pairs..
Stocks, end of month
thous. of dozen pairs..

10,201
10,176

9,392
9,180

9,203
9,124

7,121
7,513

7,541
6,818

9,001
9,686

9,577
10,816

11, 574
12,164

10, 293
10, 231

8,918
8,648

10,099
8,487

9,252
8,662

9,832
10,420

19,186

19,366

19,546

19,256

19,938

19,211

17,930

17,299

17,319

17,547

19,160

19, 750

19,161

577

468

470

384

391

408

449

552

508

498

591

517

353

323

278

345

280

526

406

COTTON
Consumption!
thous. of bales..
Exports:
Quantity, exclusive of linters
thous. of bales..
Ginnings (total crop to end of month)
thous. of bales..
Imports#
thous. of bales..
Prices:
To producer...
dol. per lb_.
Wholesale, middling, N. Y
dol. per lb__
Production, crop estimate. _.thous. of bales..
Keceipts into sights
thous. of bales..
Stocks, end of inonth:f
Domestic, total mills and warehouses
thous. of bales..
Mills
_
thous. of bales..
Warehouses
thous. of bales..
World visible supply, total ..thous. of bales..
American cotton
thous. of bales..

10

487

712

1,135

1,133
8

4,230

7,750

9,362
7
.115
.120

241

877
k

549
405

9,758
13

10, 250
14

18

.111
.119

.110
.116

.109
.114

817

689

494

• 10,420
16

.112
.117

.117
.117

.120
.123

.118
.119

.119
.122

.115
.115

.106
.108

.109
.112

436

229

286

233

395

718

2,254

3,136

.114
.121
'/10.638
2,309
1,328

7,211
1,190
6,021
6,540
4,574

1,062
7,203
6,124
4,169

7,555
975
6,581
5,593
3,720

6,953
885
6,069
4,998
3,253

789
5,739
4,278
2,790

6,538
645
5,893
4,212
2,834

7,865
717
7,149
5,205
3,968

9,556
1,074
8,482
7,060
5,807

9,976
1,346
8,630
7,697
6,383

9,814
1,427
8,387
7,768
6,363

9,279
1,435
7,844
7,590
5,918

8,652
1,404
7,248
7,385
5,591

7,905
1,334
6,570
6,825
4,992

.274
.385

.296
.415

.305
.415

.301
.415

.299
.415

.299
.411

.300
.405

.312
.408

.323
.415

.321
.415

.299
.415

.290
.415

.278
.393

19,685
9,836

16, 285
5,903

16,539
5,460

13, 657
3,729

14, 566
3,258

13, 731
3,517

14,128
4,315

15,529
5,876

16,935
5,174

12, 466
4,910

15,489
9,489

15,392
8,799

21, 745
12,316

.053

.061

.062

.061

.059

.061

.063

.064

.064

.064

.058

.056

.055

.067

.073

.074

.073

.072

.072

.074

.078

.083

.075

.071

.070

•106,000 144,429
404,000 112,883
• 3,795
6,218
• 92, 500 104,597

130, 284
98,810
6,000
100,265

90,496
73, 531
5,504
70, 381

89,164
78, 254
6,585
61,842

94, 521
84, 486
7,282
77,913

93,013
87,921
6,151
86,948

110,885 102, 292 101,310 97,435
102, 066 96, 507 84, 239 87,685
4,554
6,499
5,399
3,969
97, 972 97, 331 104, 720 100,528

92, 807
90, 390
4,118
91,860

187,333 297,866
93, 275 103,500

297, 776 333,991
111, 926 115,255

234,457
96,103

212,369

COTTON MANUFACTURES
Cotton yarn:
Prices, wholesale:
22/ls, cones (Boston)
dol. per lb__
40/ls, southern spinning*
dol. per lb_.
Cotton goods:
Cotton cloth:
Exports§thous. of sq. y d . .
ImportsJ#
thous. of sq. yd—
Prices, wholesale:
Print cloth, 64 x 60
dol.
Sheeting, brown, 4 x 4 (Trion mill)
dol. per yd—
Cotton cloth finishing:*
Production:
Bleached, plain
thous. of yd__
Dyed, colors
thous. of yd..
Dyed, black
thous. of yd_.
Printed
_..thous. of yd—
Stocks:*
Bleached and dyed
thous. of y d . .
Printed
thous. of yd—
Spindle activity:t
Active spindles
thousands..
Active spindle hours, total
millions of hours.
Average per spindle in place
hours..
Operations
percent of capacity.

94,012
23,124

23,854

23, 041

22,704

22,312

7,320
256

6,055
197
85.4

6,087
199
83.3

5,102
168
75.0

5,155
171
73.5

195, 421 199.328 205,719 203,494 197,107
88, 292 93, 795 95, 790 107, 382 105,464

R A Y O N A N D SILK
Rayon:
Deliveries:*
Unadjusted..
1923-25=100..
433
274
417
381
Adjusted...
1923-25=100..
416
264
439
477
3-mo. moving average of adjusted index
1923-25=100..
495
327
393
ImportsJ#
. . t h o u s . of l b . .
551
39
16
12
Price, wholesale, 150 denier, " A " grade
(N. Y.)
—
- d o l . per lb._
. 57
58
.55
.55
Stocks, imported, end of month
thous. of lb._
Silk:
Deliveries (consumption)
bales..
34,564
39, 757 38,361
33, 728
Imports, raw {#
thous. of lb_.
4,647
4,905
5,545
5,201
Prices, wholesale:
Raw, Japanese, 13-15, N . Y..dol. per lb__
1. 682
1.391
1.418
1.376
Silk goods, composite
_dol. per y d . .
0)
.92
.92
.92
Stocks, end of month:
World visible supply A
bales..
220, 577 207,000 190,700
United States (warehouses)
bales._
42,
018
37, 587 36,762
42,018
b
• Revised.
As of Dec. 13
'Estimated.

5, 545
185
76.4

107,893
»101,739
a
4,140
• 95, 274

I
198, 508
103,179

183,292

22,684

23,193

23,194

23, 391

23, 324

23,337

23,176

6,184
207
93.9

7,445
251
103.8

6,897
233
101.1

6, 804
233
103.8

7,714
266
111.9

6, 736
233
105. 2

7,264
252
108.1

477
487

517
454

422
399

499
392

447
611

423
346

22, 047
110.9

l

433
570

550
513

583
419

494
462

464
522

520
60

501
107

465
241

468
145

514
509

473
557
522
312

.55

.57

.57

.57

.57

.57

.57

57

238

237

235

231

229

44,166
5,562

41, 715
6,344

45,156
6,708

48,167
8,218

37, 012
6,061

35. 559
6,365

38,995
6,275

1.447
.92

1.705
.95

2.084
1.00

2.092
1.00

1. 958
1.00

1.950

.97

0)

32, 053
5,518
1. 784

0)

36, 000
3,480
1.733

0)

199, 500 214,000 236,000 233,000 228, 000
199,500
51,458
54,941 i 56.511
64, e
32,654
37,381 I 38,680 46,777
53, t
dd
A s of
ofJan.
Jan.16.
16.
As
» Discontinued
/ As of Dec. 1.
* New series. Hosiery compiled by the National Association of Hosiery Manufacturers and estimated to represent 95 percent of the industry. For complete series see
p. 19 of the September 1935 issue. Data on cotton cloth finishing are from the National Association of Finishers of Textile Fabrics and cover practically 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 reported at end of each 4-week
period. Data on cotton yarn, southern spinning from January 1933-April 1934 will be shown in a subsequent issue. Rayon deliveries from January 1923-April 1935 were
shown on p. 19 of the June 1935 issue; these data are compiled by Textile Organon.
1 For revisions for crop years 1931-32, 1932-33, 1933-34, and 1934-35, see p. 52 of the October 1933 issue, p. 52 of the September 1933 issue, p. 53 of the October 1934 issue,
and p. 57 of the October 1935 issue, respectively.
t For revisions of cotton consumption, domestic stocks, and spindle activity for crop years 1931-32, 1932-33, 1933-34, and 1934-35. see p. 20 of the February 1933 issue,
pp. 52 and 53 of the November 1933 issue, p. 53 of the October 1934 issue, and p. 57 of the October 1935 issue, respectively.
§ For 1932 revisions see p. 53 of the June 1933 issue; for 1933 revisions see p. 20 of the September 1934 issue; 1934 revisions are shown on p. 19 of the December 1935 issue.
# See footnote on p. 37 of this issue. Data revised for 1933; see p. 20 of the October 1934 issue; data also revised for 1934, see p. 20 of the December 1935 issue.
• Stocks at end of 4-week periods through June 16. July figures are averages for July 14 and Aug. 11. August figure as of Sept. 8. Subsequent data at the end of
succeeding 4-week periods.
t For 1932 revisions see p. 53 of the June 1933 issue, for 1933 revisions see p 20 of the October 1934 issue, and for 1934 revisions see p. 20 of the December 1935 issue.
A This series has been superseded by a new series which excludes stocks held at Milan, London, Canton, and Shanghai. Monthly data from January 1922-March 1936
will be shown in a subsequent issue. For data on new series for 1935 see p. 57 of the May 1936 issue.




58

SUKVEY OF CURRENT BUSINESS

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

1936
April

June 1936

1935
April

June

May

July

1936

Decem- January Febru- March
August SeptemOctober November
ary
ber
ber

TEXTILE PRODUCTS—Continued
WOOL
Consumption:
Total, grease equivalent basist
thous. of lb__ b55,387
Apparel class, scoured basis*__thous. of lb__ "20,588
Imports, unmanufactured§#
thous. of lb__ 23,883
Operations, machinery activity:*
Combs, worsted
percent of capacity..
74
Looms:
Carpet and rug
percent of capacity..
50
Narrow
percent of capacity..
36
Wide
percent of capacity..
76
Spinning spindles:
Woolen
percent of capacity..
82
Worsted
percent of capacity..
60
Prices, wholesale:
Raw, territory, fine, scoured dol. per lb._
.88
Raw, Ohio and Penn., fieeces_dol. per lb_.
.37
Suiting, unfinished worsted, 13 oz. (at mill)
dol. per yd..
1.782
Women's dress goods, French serge, 54" (at
factory)
dol. per yd..
1.114
Worsted yarn, 2/32s, crossbred stock, Boston
_.dol. per lb_.
1.30
Receipts at Boston, totalA
thous. of lb_. 20,495
Domestic
thous. of lb_.
6,071
ForeignA--thous. of lb.. 14,424
Stocks, scoured basis, end of quarter:*!
Total
thous. of lb_.
Domestic
thous. of lb__
Foreign..
_thous. of lb_.
Combing
_
thous. of lb_.
Clothing
thous. of lb..

62, 066
21,818
15,459

b
b

70,617
25,444
15, 778

h
80,428
b

28, 388
15,932

66, 648 * 74,781
23, 575 * 26, 592
18,760 20,361

80,293
28,994
21,952

k 78, 727
* 29, 565
23,498

k 72,993
«• 27, 528
18,041

» 73,367
fc
27, 730
18,467

b

b

b

b

73,908
28, 223
21,167

64,193
24, 488
21, 212

b
b

53,460
20, 369
25, 298

113

116

115

103

111

113

124

125

108

107

117

88

58
27

59
28
76

50
25
77

53
24
78

60
31
85

52
33
78

54
42
84

53
44
89

45
43
90

46
48
90

52
44
90

50
38

83
71

89
72

94
67

103
67

97
67

106
81

104
83

93
73

95
62

96
68

85
59

.26

.75
.30

.76
.30

.76
.31

.78
.33

.81
.32

.84
.39

.84
.39

.87
.39

.92
.42

.93
.42

1. 510

1.522

1.609

1.609

1.609

1.603

1.624

1.708

1.733

1.733

1.733

1.742

.990

.990

1.015

1.015

1.015

1.027

1.040

1.052

1.064

1.064

1.101

1.114

1.05
8,951
7,141
1,810

1.06
19, 701
17, 246
2, 455

1.08
44,346
41,809
2,537

1.10
72,156
67, 598
4,557

1.10
37,957
33,981
3,978

1.11
23, 832
19, 385
4,446

1.25
18, 525
11,803
6,722

1.29
19, 214
10,982
8,232

1.30
12.875
5,285
7,590

1.31
17, 524
6,410
11,113

1.33
18,581
4,576
14, 006

1.33
22, 258
4,845
17,413

.64
.23

143, 484
127, 729
15, 755
110,313
43,171

156, 689
137,817
18,872
111,770
44,919

103, 642
59,167
44,475
60, 327
43, 315

113,337
84,401
28,936
69,193
44,144

MISCELLANEOUS PRODUCTS
Buttons, fresh-water pearl:
Production
pet. of capacity..
Stocks, end of month
thous. of gross..
Fur, sales by dealers
thous. of dol_.
Pyroxylin-coated textiles (artificial leather):
Orders, unfilled, end of month
thous. linear yd..
Pyroxylin spread
thous. of lb.
Shipments, billed
thous. of linear yd.

51.9
8,003
3815

45.9
8,258
2,301

37.6
8,188
2,782

29.0
8,005
2,326

22.3
7,688
3,185

36.5
7,403
3,390

43.7
7,215
3,069

50.2
7,215
2,145

52.8
7,136
1,186

48.9
7,151
1,214

45.0
7,925
2,493

53.7
7,956
3,761

2,459
5,647
5,118

2,654
4,600
4,328

2,368
4,280
4,606

1,974
3,274
3,645

1,898
3,587
3,534

2,176
4,471
4,032

2,589
4,692
4,412

2,592
5,125
4,616

2,300
4,152
4,084

2,154
3,895
3,845

2,033
3,951
3,715

1,943
f 3,894
[3,876

2,475
5,121
4,689

152
112
23
17

118
59
20
39

107
61
9
37

119
51
50
18

136
72
39
25

201
93
84

a

53.4
7,989
4, 045

TRANSPORTATION EQUIPMENT
AIRPLANES
Production, totalf
Commercial (licensed) f
Military (deliveries)
For export

number..j
number..
number..
number..

134
76
34
24

156
106
20
30

217
148
35
34

144

171
138
19
14

129
83
9
37

AUTOMOBILES ||
Exports:
Canada:
3,726
6,356
7,603
6,499
3,931
Automobiles, assembled, totaLnumber__
5,576
6,607
4, 573
4,829
5,070
5,995
4,777
5,515
5,194
3,108
1,607
5,088
3.643
2,629
3,639
5,143
3.276
3,579
4,100
Passenger cars
number..
3,537
4,087
United States:
Automobiles, assembled, total c?
28,012
19,895
12, 703
26, 433
14, 580
30, 529
25, 654
26, 270
25,026
20,073
25, 959
28.920
number.. 26,053
18, 341
13, 604
16,517
14, 752
10,076
5,622
22, 491
7,471
17,736
15,867
18.921
Passenger carsrf
number.. 17,723
16, 046
8,092
8,038
9,753
10, 274
9,997
8,330
9,999
6,291
7,081
Trucks c?__
number..
7,109
9,787
10,276
9,913
Financing: <g)
74,188
113,026 107, 821 106,174 113,125 100,761
90,191
88, 649
87,169 143, 515
77, 651
Retail purchasers, total
thous. of doL.
97, 508
67, 631
42,179
66, 913
62, 661
73,058
56, 284
55,232
94,664
71, 665
46,114
60, 531
New cars
-thous. of doL.
64, 605
38, 227
37, 237
31,122
37, 929
28,708
31, 868
31,432
48,044
40,274
37,011
30, 718
31,906
Used cars
.
thous. of dol._
1,963
2,039
2,025
820
951
887
997
1,186
1,089
Unclassified
thous. of doL.
498
505 !
807
Wholesale (manufacturers to dealers)
159, 930 132,074 118, 732 119,100
92,918
39,700
thous. of dol._
75,907 132, 315 149,728 118,872 113,830 I 154,147
" Revised.
*> Preliminary.
# See footnote on p 37 of this issue.
* Since July 1934 report has been on a weekly basis. Data for September and December 1934 and March, June, September, and December 1935, and January and
April 1936 are for 5 weeks; other months, 4 weeks. Figures for July and succeeding months are computed from Census Bureau figures so as to represent 100 percent
of the wool industry; earlier figures incomplete.
* New series. Wool stock series began in June 1934. See p. 20 of the July 1935 issue for earlier data and explanation of new wool consumption series.
* Beginning with the July 1934 report the statistics are reported on the basis of 4 and 5 weeks, the weekly distribution being determined by the Saturdays. The statistics presented herewith are still based on the pre-code computed normal (currently based on the single-shift performance over the 5-year period 1928-32). The current data
represent practically complete coverage of the industry. Since December 1934 no allowance has been made for holidays.
AForeign receipts beginning January 1934 are compiled by U. S. Department of Agriculture and are not comparable with data carried through December 1933. This
results in a total figure which also is not comparable with earlier data.
1 Compiled by the Bureau of the Census and represent stocks of raw wool held by all dealers, topmakers, and manufacturers who usually hold significant stocks of wool.
The figures for the 3 quarters of 1934 have been revised to include the "grade not stated."
X Grease equivalent of shorn wool, plus actual weight of pulled wool. Conversions are based on totals; scoured wool is multiplied by 2 and pulled wool by 1 ^ .
Includes clothing and carpet wools. See note on apparel class wool on p. 20 of the July 1935 issue. As this grease series will probably be dropped in favor of the more accurate
scoured series, it is suggested that those who wish to keep series going have their names placed on Bureau of the Census mailing list for the monthly wool consumption
report, from which can be computed the present data, using formula given.
§ For 1932 revisions see p. 53 of the June 1933 issue, for 1933 revisions see p. 20 of the October 1934 issue, and for 1934 see p. 20 of the December 1935 issue.
<J Data revised for 1932, see p. 54 of the June 1933 issue. Data revised for 1933, see p. 20 of the September 1934 issue; and for 1934, p. 19 of the December 1935 issue.
|| Index of sales of new passenger cars is shown on p. 26 of this issue.
t Data for 1935 revised. For revisions see p. 53 of the April 1936 issue.
® Of the 282 identical organizations reporting originally 8 discontinued financing in January, 2 in February, 2 in March, 5 in June, 1 in July, 2 in August, 1 in September
1 in October, and 2 in December, 1934.




59

SUKVEY OF CURRENT BUSINESS

June 1936

1935

1936

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

April

April

May

June

July

1936

DecemOctober NovemAugust September
ber
ber

January

February

38
32,120

42
23, 932

March

TRANSPORTATION EQUIPMENT—Continued
AUTOMOBILES-Continued
Fire-extinguishing equipment:!
Shipments:
Motor-vehicle apparatus
number..
Hand-type
number..
Production:
Automobiles:
Canada, total
..number..
Passenger cars
number__
United States, totalf
number..
Passenger carsf •
number-Trucks f
number..
Automobile rims
thous. of rims__
Registrations:
New passenger carsf
number..
New commercial cars*
number..
Salss:
General Motors Corporation:
To consumers
number..
To dealers, total \
number..
U. S. dealers
number..
Shipments, accessories and parts, total*
Jan. 1925=100..
Accessories, original equipment
Jan. 1925=100..
Accessories to wholesalers..Jan. 1925=100..
Replacement parts
Jan. 1925=100..
Service equipment
Jan. 1925=100..

53
32, 753

47
29,796

40
34, 585

54
34,692

47
29, 571

38
32,534

49
28,362

59
31, 556

65
27,587

53
25, 516

52
31, 203

7,692
13,496
24,951
24,123 20,702 15,745
5,323
8,313
13, 775 13. 302 13, 268 17,974
13,069
5,524
3,819
12,042
20, 247 20, 688 17,030
12, 276
7,128
11, 370 11, 261 10,853
9,471
14,488
502, 775 '452, 930 *361,107 '356,340 '332,109 '237,400 « 87, 540 '272,043 »395, 059 404, 528 '364, 004 '287, 606 '420, 971
417,133 '387,158 >305,547 '294,182 *274, 344 •181,130 « 56, 097 '213, 310 '336, 914 '343, 022 '298, 274 '224,816 '343, 523
85, 642 ' 65,778 « 55, 560 « 62,158 ° 57, 765 « 56,270 « 31,443 «58, 733 « 58,145 « 61, 506 « 65, 730 «62, 790 « 77,448
1,052
2,258
1,804
1,428
798
1,654
1,907
1,561
1,339
1,912
1,877
1,261
1,841
319,650
46,785

293,199 280,360
47, 968 48,243

285,178
51,243

233,851
50,355

200,117 143,909
229,467 184,059
194, 695 152,946

109,051 137,782
134, 597 181,188
105,159 150,863

108,645
167,790
139,021

127,346
124, 680
103,098

66,547
39,152
22,986
105

350,000
57,000

147

132

119

114

92

156
110
144

132
132
148
83

102
103
131
82

113
95
138
81

85
126
124
75

157,098 148,389
41, 390 43,243

129
135
91

220,262
37,616

237,194
38,000

215,782
43,760

176, 668 '296, 722
40,301
52,000

68,566 136,859 122,198 102,034
127, 054 182, 754 185, 698 '158,572
97, 746 147,849 150, 010 131,134

96,134 181,782
144, 874 196, 721
116, 762 162,418

132

135

135

145

123

149

137
150
141

148
147
139
80

155
160
107
73

156
170
114
85

127
160
116
84

160
120
109
97

RAILWAY EQUIPMENT
Equipment condition:
Freight cars owned:
Capacity
mills, of lb_.
Number, total
.thousands..
Bad order, total
number..
Percent of total in bad order
Locomotives, railway:
Owned:
Tractive power...
mills, of lb._
Number
Awaiting classified repairs.number..
Percent of total
Installed__
_
number..
Retired.
number..
Passenger cars:
On railroads (end of quarter)..number..
Equipment manufacturing:
Freight cars:
Orders, new
cars..
Orders, unfilled, total
cars__
Equipment manufacturers
cars.Railroad shops
cars..
Shipments, total
cars._
Domestic
cars..
Locomotives, industrial electric (quarterly):
Shipments, total...
number..!
Mining use
number..,!
Locomotives, railway:
Orders, new
number. .
Orders, unfilled, end of month:
j
Equipment manufacturers (Census),
total
number..
Domestic, total
number..
Electric
number..
S team
number..
Railroad shops (A. A. R.)...number..
Shipments:
Domestic, total
number..
Electric
number..
Steam
number..
Exports, totalf
number..
Electric
number..
Steam
number..
Passenger cars:
Orders, new, placed by railroads
number..
Orders, unfilled (end of quarter)
number..
Shipments, total
number..
Domestic
number..

172,517
1,778
253,125
14.5
2,193
44,966
9,610
21.4
60
103

181,396 180, 559 180,114
1,883
1,873
1,868
284, 728 283,310 276,535
15.4
15.4
15.0
2,231
46,192
10, 537
22.8
62
106

2,228
46,099
10,582
23.0
63
156

2.222
45,910
10, 541
23.0
57
246

179,556 179,203
1,861
1,857
281, 262 285,320
15.3
15.6
2,222
45,883
10, 557
23.0
92
119

2,219
45,821
10,403
22.7
60
122

600
1,447
533
914
334
162

2
1,477
549
928
1,031
401

5,151
2,427
414
2,013
66
66

2,215
45,686
10,335
22.6
86
221

2,212
45,610
10,187
22.3
43
119

176, 727 175, 772 173,507
1,827
1,817
1,791
269,984 266, 876 256,511
15.0
14.9
14.6
2,211
45,565
10,127
22.2
53
108

500
2,173
427
1,746
40
38

100
7,259
5,841
1,418
17
17

110
7,440
5,775
1,665
29
27

2,206
45,375
9,914
21.8
54
241

2,199
45,179
9,825
21.8
81
284

172, 939 '172, 620
1,784
1,780
254,598 249,246
14.5
14.2
2,197
45, 088
9,556
21.2
46
138

•40,509

41,405

41, 986
3,650
15,683
7,035
8,648
2,168
2,066

178, 703 178,125
1,851
1,842
284,427 273,125
15.5
15.0

810
6,432
4,514
1,981
1,281
1,281

25
4,489
2,798
1,691
1, 755
1,754

10, 030
12, 715
5,224
7,491
1,912
1,912

2,194
45, 009
9,642
21.4
53
132
40,186

1,050
11,315
4,444
6,871
746
746

7,236
12, 629
4,052
8,577
430
430

627
13,478
5,471
8,007
189
186
58
58

15
101
95
33
62
12

85
79
76
3
1

95
90
33
57
12

70

0
0
0
4
0

50

37
65
4
4

ELECTRIC TRUCKS AND
TRACTORS
Shipments, industrial, total
Domestic
Exports

.number..
number. J
number. .I

112
99
13

72

117
114
3

115
103
12

100
74
26

89
86
3

° Revised.
* New series. For earlier data see p . 20 of the February 1934 issue for total shipments, accessories and parts, and registrations of new commercial cars.
t Revised series. For earlier data see p . 19 of the August 1933 issue for fire extinguishers and passenger-car registrations; exports of locomotives for 1932; p . 55 of the
June 1933 issue for 1933, see p. 20 of the September 1934 issue, and for 1934 p . 19 of this issue. Data on automobile production revised for 1933. See p . 55 of the August
1934 issue. For revised data for 1934 see p p . 55 and 56 of the June 1935 issue. Data for 1935 and 1936 through March revised. Revisions not shown above for 1935 are as
follows: United States, total, Jan. 289,728; Feb. 332,231; M a r . 425,913; passenger cars, J a n . 227,554; F e b . 273,576; M a r . 359,410; trucks, Jan. 62,174; F e b . 58,655; M a r . 66,503.
• Taxicabs are included in figures for passenger cars, beginning January 1934 in order to avoid disclosure of individual companies.
J United States and Canadian dealers, plus overseas shipment.




60

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 1936

1936

1935

April

DecemAugust SeptemOctober November
ber
ber

April

May

June

July

1936
January

Febru- March
ary

TRANSPORTATION EQUIPMENT—Continued
SHIPBUILDING
United States:
Merchant vessels:
Under construction.thous. of gross tons..
Completed during month,
total gross tons..
Steel
. .
.
total gross tons..
World (quarterly):
Launched:
Number
ships
Tonnage
thous. of gross tons._
Under construction:
Tonnage

154

20

20

20

31

72

76

77

82

21,321
8,024

12,640
8,543

22,026
15,801

5,928
2,189

4,530
957

4,305
45

15,860
8,464

9,266
1,707

4,617
2,660

thous. of gross tons..

119
36, 651
8,017

119
17, 576
10,242

133
18,429
17, 297

137
20, 89£
13, 386

135
323

119
263

124
359

14£
39/

330
1,283

268
1,198

393
1,543

53 *
1,82C

CANADIAN STATISTICS •
Business indexes:*
108.8
Physical volume of business
1926=100—
109.2
Industrial production, t o t a l . .1926=100..
26.8
Construction t ^ A
1926=100—
225.4
Electric power...
1926=100106.0
Manufacturing
-1926=100124.0
Forestry
1926=100..
187.2
Mining t
1926=100107.7
Distribution
—1926=100..
82.8
Carloadings
1926=100..
«>23.9
Exports (volume)
1926=100..
82.7
Imports (volume)
1926=100125.1
Trade e m p l o y m e n t 1926=100..
115.8
Agricultural m a r k e t i n g . .
1926=100..
116.8
Grain marketings
1926=100—
111.0
Livestock marketings..
1926=100Commodity prices:
79.8
Cost of living index c?
1926=100..
Wholesale price index #
1926=100—
72.2
Employment, total (firstof m o n t h ) . 1926=100..
97.4
Construction and maintenance. 1926=100__
71.8
Manufacturing
1926=100.
101.1
128.2
Mining
1926=100..
118.5
Service
1926=100.
121.0
Trade
1926=100.
78.5
Transportation, —
1926=100Finance:
Banking:
277.4
Bank debits
. . . m i l l s , of dol
78.5
Interest rates
.1926=100..
Commercial failures*
number.
Security issues and prices:
New bond issue?, total t
thous. of dol._ 103,186
3.76
Bond yields
percent..
116.0
Common stock prices, total f-1926=100—
Foreign trade:
57, 964
Exports
_.thous. of dol
Imports
thous. of dol— 42, 223
Exports, volume:
Wheat
thous. of bu_.
6,752
Wheat
flour
. . t h o u s . of bbl
Railway statistics:
Carloadings—_
thous. of cars..
193
Financial results:
Operating revenues
thous. of dol
Operating expenses
thous. of dol—
Operating income
thous. of dol.
Operating results:
Freight carried 1 mile
mills of tons
Passengers carried 1 mile.mills of pass.
Commodity statistics:
Production:
Electrical energy, central stations
2,164
mills, of kw.-hr..
54
Pig iron
.thous. of long tons—
Steel ingots and castings
107
thous. of long tons._
Wheat
flour.
thous. of bbl

98.3
97.7
35.6
195.9
94.0
99.0
156.4
100.0
79.1
81.5
71.5
121.0
91.8
91.7
92.0

103.2
104.4
35.8
198.1
105.1
108.7
147.6
100.5
73.4
84.1
84.0
121.2
86.3
85.4
90.6

99.2
99.7
41.3
197.4
98.4
105.7
138.4
97.8
70.6
69.9
74.6
122.6
106.1
112.3
78.2

103.0
104.0
55.4
199.4
101.7
100.7
135.3
100.2
75.0
78.6
79.8
122.3
164.7
183.4
80.4

107.9
110.3
66.5
206.2
102.7
111.8
165.8
101.3
72.1
100.3
80.5
122.8
163.9
181.2
86.6

101.9
102.5
49.3
191.9
100.0
103.7
144.7
100.1
69.6
92.7
77.6
123.6
114.2
119.5
90.2

107.2
109.5
50.7
198.0
105.4
114.5
169.6
100.7
71.0
88.6
85.4
122.8
86.6
86.1
88.7

110.0
113.5
37.0
199.0
118.5
114.8
146.3
100.2
66.8
77.1
93.7
124.1
43.3
36.4
74.3

106.2
108.8
23.6
197.6
112.5
118.9
160.8
99.3
66.5
69.5
70.2
128.8
34.0
27.4
63.5

105.2
107.0
95.3
197.1
96.1
106.7
144.4
100.3
72.1
84.3
76.3
124.0
39.8
29.5
85.7

104.9
104.9
52.6
196.0
96.2
111.3
186.2
104.8
78.4
99.3
78.9
127.3
62.7
53.9
102.2

78.6
72.5
93.4
80.2
93.9
117.7
111.4
117.4
76.3

78.6
72.3
95.2
84.7
95.6
116.2
116.4
119.3
80.1

78.8
71.5
37.6
89.5
98.4
119.2
118.5
119.9
79.9

78.8
71.5
99.5
101.1
98.5
121.5
123.6
122.1
82.7

79.4
71.6
101.1
104.7
99.8
125.2
127.9
120.7
85.4

79.6
72.3
102.7
110.0
100.8
128.6
127.8
121.8
85.8

80.4
73.1
106.1
117.4
103.3
129.5
120.5
123.8
86.4

80.6
72.7
107.7
110.9
103.5
132.5
117.1
124.6
84.5

80.6
72.6
104.6
95.9
101.4
131. 1
116.3
131.0
84.0

80.7
72.9
99.1
74.8
96.8
129.9
118.0
135.9
77.9

80.4
72.5
98.4
74.4
98.5
129.4
116.4
121.6
78.2

2,367
80.8
107

3,132
78.5
101

2,710
80.4
109

2,545
80.2
110

2,498
79.7
94

2,426
88.3

2,908
85.4
115

3,022
80.8
107

2,992
85.5

2,767

78,489
3.87
86.4

68,091
3. 76
93.6

82,243
3.85
93.8

60,311
3.84
92.4

123,263
3.82
94.7

195,994
4.23
93.6

66, 724
4.09
96.1

147,080
3.87
105.8

2,932
82.7
112
121, 372
3.96
107.4

133, 384
4.10
112.9

138, 853
3.86
120.7

38, 296
36, 637

62,947
54, 540

52, 763
46, 732

57, 786
48, 414

71,700
49, 560

66,152
44, 689

85, 749
52, 751

70, 565
38, 569

54,417
40, 590

60, 198
41,597

5,027
277
185

11,990
383

6,495
430

9,158
395

21,698
377

17,273
396

28,919
501

85, 317
55, 958
26, 575
525

17,044
444

7,557
314

14, 241
340

188

186

195

197

221

251

214

174

173

24, 482
20,563
2,990

24, 529
21, 839
1,781

24,049
22,455
691

26,187
22, 754
2,442

25,520
23,435
1,134

29, 585
23,436
5,380

32, 279
23, 598
7,730

27,154
20,854
5,290

26,656
21,333
4,289

22,234
21,440

22, 597
21,187
339

1,797
125

1,720
124

1,860
134

2,041
157

1,784
185

2,712
137

2,937
108

2,240
101

1,934
140

1,763
117

1,814
117

1,881
43

1,923
45

1,816
45

1,792
51

1,851
54

2,163
46

2,143
65

2,157
71

2,091
61

1,938

69

73
1,164

73
992

82
1,161

95
1,825

94
1,604

100

992

1,919
54
91
1,535

957

93
1,019

180

• Statistics in this section, with few exceptions, are from the Dominion Bureau of Statistics, Ottawa.
1 Data for 1934 revised. See p. 56 of the May 1935 issue.
* New series. For earlier data see p. 18 of the February 1933 issue, business indexes, and p. 20 of the October 1933 issue, commercial failures.
f Revised series. See p. 55 of the April 1934 issue, construction and mining, for 1933. Series on common-stock prices revised back to December 1932 as a result of additional stocks being added; for revision see p. 56 of the April 1934 issue. New bond issues revised for the year 1935; see p. 60 of the April 1936 issue.
# Number of commodities changed from 502 to 567 beginning with month of January 1934.
ef Data revised 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.b
Exports for April 1936 are not comparable with other months, as nonmonetary gold is included.
d Deficit.
• Data for 1935 revised. For revisions see p. 60 of the May 1936 issue.




U . S . GOVERNMENT PRINTING OFFICE: 1936

INDEX TO MONTHLY BUSINESS STATISTICS
Page
Abrasive paper and cloth
54
Acceptances
31,32
Accessories, automobile
59
Advertising
25, 26
Africa, United State* trade with
37
Agricultural products, cash income received
from marketing* of
23
Agricultural wages, loans
31
Air-conditioning equipment
51
Air mails
26
Airplanes
38, 58
Alcohol, denatured, ethyl, methanol
_ 39
Aluminum
52
Animal fats, greases
._ 39,40
Anthracite industry
22,29,45,46
Apparel, wearing
28,30,57
Argentina, United States trade with; exchange; flaxseed stock
33,37,40
Asia, United States trade with
37
Asphalt
47
Automobiles
22, 26, 27, 28,30, 58,59
Babbitt metal
.
52
Barley
43
Bathroom
fixtures.
50
Beef and veal—
44
Beverages, fermented malt liquors and distilled spirits
42
Bituminous coal
22,30,46
Boiler and boiler
fittings
__
50
Bonds, prices, sales, value, yields
35,36
Book, publication.
_
54
Boxes, paper, shipping
_
54
Brass.---.........
..
53
Brazil, coffee; exchange, United States trade
;•
with
— 33,37,45
Brick 1
56
Brokers loans
32
Brottse—_—--.-.-------.-.--..«.

53

Building contracts awarded
. . . 24,25
Building costs
25
Building materials
.
48,49
Business activity index (Annalist)
22
Business failures
32,33
Batter
_
42
Canadian statistics
60
Candv.
45
Canal traffic
—
38
Capital issues
.
35
Carloadings
22,37,38
Cattle and calves
_
44
Cellulose plastic products,
41
Cement . .
-.
22,27,28,30,56
Chain-store sales
26,27
Cheese
;
42
Chile, exchange, United States trade with.. 33,37
Cigars and cigarettes
45
Civil-service employees
29
Clay products
23,27,28,30,56
Clothing
24,28,30,57
Coal.-!

-

22,29,45,46

Cocoa - 44
Coffee!
23,24,45
Coke
46
Collections, department stores
26
Commercial paper.
_
31,32
Conimunications..........
38
Construction:
Contracts awarded, indexes
_ 24
Costs
25
Highways
25
Wage rates
_ 31
Copper
52
Copper wire cloth
...
53
Copra and coconut oil....
40
Corn
_
43
Cost-of-Iiving index..
__ 23
Cotton, raw and manufactures
. 23,24,57
Cottonseed, cake and meal, oil
40
Crops
23,40,42,43,57
Dairy products
23,24,42
Debits, bank
32
Debt, United States Government
34
Delaware, employment, pay rolls
28,30
Department-store sales and stocks
27
Deposits, bank
32
Disputes, labor
29
Dividend payments.....
.
36
Douglas
fir
.___ 48
Earnings, factory
29,30,31
Eggs
23,44
Electrical equipment
52,53
Electric power, production, sales, revenues. 22,41
Electric railways
37
Employment:
Cities and States
28, 29
Factory...
27,28, 29
29
- Noronanufacturmg. . . . .
29
Miscellaneous...........
38
Emigration
III.
50
Enameled w a r e . . . . . . . . . .
25
Engineering construction
England, exchange;, United States trade
with.
33,37
Exchange rates, foreign..
.
33
Expenditures, United States Government. _
34
Explosives...
39
Exports
36,37
Factory employment, pay rolls.. 27,28,29,30,31
Failures,commercial
32,33




Page
Fairchild retail price index
23
Fares, street railways
37
Farm employees
29
Farm prices, index
23
Federal Government, finance
34
Federal-aid highways.
25, 29
Federal Reserve banks, condition of
32
Federal Reserve member bank statistics
32
Fertilizers
39
Fire-extinguishing equipment
59
Fire losses
25
Fish and fish oils
40,45
Flaxseed
40
Flooring, oak, maple, beech, and birch
48
Flour, wheat
43
Food products..
22-25, 28, 30, 42
Footwear
,
47, 48, 55
Foreclosures, real estate
25
Foreign trade, indexes, values
36,37
Foundry equipment
51
France, exchange; United States trade with. 33, 37
Freight cars (equipment)
38, 59
Freight carloadings, cars, indexes
37
Freight-car surplus
38
Fruits. __
___
23,42
Fuel equipment
51
Fuels
45,46,47
Furniture
49
Gas, customers, sales, revenues
41
Gas and fuel oils
46
Gasoline
46
General Motors sales
59
Glass and glassware
22, 27, 28, 30, 56
Gloves and mittens
47
Gold
34
Goods in warehouses
26
Grains
23, 24,43
Gypsum
56
Heels, rubber
55
Hides and skins
24,47
Hogs
44
Home loan banks, loans outstanding
25
Home Owners' Loan Corporation
25
Hosiery
57
Hotels
29,30,38
Housing
23
Illinois, employees, factory earnings
28, 30, 31
Imports
37
Income-tax receipts
34
Incorporations, business
26
Industrial production, indexes
22
Installment sales, New England
27
Insurance, life
33
Interest payment
36
Interest rates
32
Investments Federal Reserve member banks.
32
Iron, ore; crude; manufactures
22,49
Italy, exchange; United States trade with__ 33,37
Japan, exchange; United States trade with_ 33,37
Kerosene
47
Labor turn-over, disputes
29
Lamb and mutton
44
Lard
_
44
Lead
52
Leather
22-24,28,30,47
Leather, artificial.
58
Liberty bonds
35
Linseed oil, cake, and meal
40
Livestock
23,24,44
Loans, agricultural, brokers', time, real
estate___
31,32
Locomotives
.
59
Looms, woolen, activity
58
Lubricating oil
47
Lumber
* 22, 24, 27-29, 48, 49
Lumber yard, sales, stocks
48
Machine activity, cotton, silk, wool
57, 58
Machine tools, orders
51
Machinery
_.
27,28,30,51,52
Magazine advertising
25
Manufacturing indexes
22
Marketings, agricultural
23
Maryland, employment, pay rolls
30, 31
Massachusetts, employment, pay rolls
30, 31
Meats
44
Metals
22-24, 27, 28, 29, 30, 49-53
Methanol
39
Mexico:
Silver production
34
United States trade with
37
Milk
_
42
Minerals...
.
22,45,52
Money in circulation
34
National Industrial Recovery Act, highway
construction
25
Naval stores
39
Netherlands, exchange
33
New Jersey, employment, pay rolls
29-31
Newsprint
54
New York, employment, pay rolls, canal
traffic
28-31, 38
New York Stock Exchange..
35,36
Notes in circulation
32
Oats
43
Oceania, United States trade with
37
Ohio, employment
29
Ohio River traffic
38
Oils and fats
39,40
Oleomargarine
40

Page
Paints
41
Paper and pulp
22, 23, 28,30,53, 54
Passenger-car sales index
26
Passengers, street railways; Pullman
37,38
Passports issued
38
Pay rolls:
Factory
29
Factory, by cities and States
30
Nonmanufacturing industries
30
Pennsylvania, employment, pay rolls
29,30
Petroleum and products
22, 24, 28-30,46-47
Pig iron
. . __ _
22,49
Pork
_ 44
Postal business
26
Postal savings
_ _ _ _ _
32
Poultry
23,44
Prices:
Cost of living, indexes
23
Farm indexes
23
Retail indexes
23
Wholesale indexes
24
World, foodstuffs and raw material
24
Printing
22, 54
Production, industrial
22
Profits, corporation
34
Public
finance
34
Public utilities
29,36
Pullman Co
38
Pumps
51,52
Purchasing power of the dollar
24
Radiators
50
Radio, advertising
25
Railways; operations, equipment, financial
statistics
37,38, 59, 60
Railways, street
37
Rayon
57
Reconstruction Finance Corporation, loans
outstanding
34
Refrigerators, household
„
52
Registrations, automobiles
59
Rents (housing), index
23
Retail trade:
Automobiles, new, passenger
26
Chain stores:
5-and-10 (variety)
26
Grocery
26
Department stores
27
Mail order
27
Rural general merchandise
27
Roofing
41
Rice
43
Rubber, crude; scrap; clothing; footwear;
tires
22-24,28,30,55
Rye
43
Sanitary ware
50
Savings deposits
32
Sheep and lambs
44
Shipbuilding
22,27,28,30,60
Shoes
22,24,28,30,47,48
Silk
22,23,24,57
Silver.
22,34
Skins
47
Softwoods
48
Spain, exchange
33
Spindle activity, cotton
57
Steel, crude; manufactures
22,49,50
Stockholders
36
Stock indexes, domestic and world
23
Stocks, department stores
27
Stocks (see individual commodities).
Stocks, issues, prices, sales
36
Stone, clay, and glass products
22,
23,27,28,30,56
Sugar
23,24,45
Sulphur
39
Sulphuric acid
39
Superphosphate
39
Tea
23,24,45
Telephones and telegraphs
38
Terneplate
51
Terra cotta
56
Textiles, miscellaneous products
58
Tile, hollow building
56
Timber
48
Tin and terneplate
23,24,51
Tires
_
.
22,24,28,30,55
Tobacco
22,25,28,30,45
Tools, machine
51
Trade unions, employment
29
Travel
38
Trucks and tractors, industrial electric
59
United Kingdom, exchange; United States
trade with
33,37
Uruguay, exchange
33
United States Steel Corporation
31,36,50
Utilities
29,30,34,35,36,41,59
Vacuum cleaners
52
Variety-store sales index
26
Vegetable oils
39,40
Vegetables
23,42
Wages
31
Warehouses, space occupied
26
Waterway traffic
38
Wheat and wheat
flour
23, 24, 43
Wholesale prices
24
Wisconsin, employment, pay rolls
29,30,31
Wood pulp
53
Wool
22,58
Zinc
22,52

A
NEW REVIEW
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WORLD
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INDUSTRY
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