Full text of Survey of Current Business : March 1936
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MARCH 1936
SURVEY
OF
CURRENT BUSINESS
UNITED STATES
DEPARTMENT OF COMMERCE
BUREAU OF FOREIGN AND DOMESTIC COMMERCE
WASHINGTON
VOLUME 16
NUMBER 3
The usual Semiannual Revision
of material has been made in this issue. A list of the new data added
and the series dropped is given below. The pages indicated for the new
series refer to this issue, while the pages given for the discontinued
series refer to the February 1936 issue.
DATA ADDED
DATA DROPPED
Page
Page
Home Owners' Loan Corporation, loans
outstanding
„
25
Interest rates on long-term real estate
bonds
32
United States Employment Service, applications and placements
29
Yields on United States Treasury bills *._
35
Yields on common stocks *
36
Interest rates charged customers by banks
in principal cities
32
Internal revenue collections from specified
sources (sales of radios, trading on produce exchanges (future trading), admissions to theaters, and capital stock
transfers)
~__
Volume of trading in wheat and corn futures.
...
Wholesale price, women's shoes (colored,
calf, Goodyear welt, oxford) *
. 47
Hardwoods: Total, gum and oak, production, shipments, stocks, and new and
unfilled orders *
,
48
34
35
Value of bond sales (market and par) on all
registered exchanges and the New York
Stock Exchange (Securities and Exchange
Commission)
35
Estimated gross proceeds of new securities
registered with the Securities and Exchange Commission
. 35
Wholesale price, Douglas fir flooring (1 x 4t
" B " and better) *
....
48
Furniture, southeastern district, orders and
shipments *__
49
Nonmetallic conduits, shipments
1.... 53
Men's and boys' garments cut (overcoats,
separate trousers, and suits) *
57
Stock sales (volume and value) on all registered exchanges and on the New York
Stock Exchange (Securities and Exchange
Commission)
36
Silk machine activity, spinning spindles
(all types), and broad and narrow loom
activity *
. . 58
Agricultural exports (total, and total excluding cotton) adjusted for seasonal variations
-,
---.
36
Silk piece goods (commission and stockcarrying mills) production, shipments,
and stocks, etc.*
_ . . 58
Wholesale price, women's shoes (colored
blucher, St. Louis)
..
47
Elastic webbing, shipments *
Wholesale price, Douglas fir flooring (1x4,
" B " and better v. g.)
..-..48
Taxicabs, production *
...
.
58
59
* Discontinued by reporting source.
It is important that the tables printed monthly in the SURVEY, presenting back data for the new
and revised series, be retained for reference purposes.
UNITED STATES DEPARTMENT OF COMMERCE
DANIEL C. ROPER,
Secretary
BUREAU OF FOREIGN AND DOMESTIC COMMERCE
ALEXANDER V. D Y E , Director
SURVEY OF
CURRENT BUSINESS
Prepared in the
DIVISION OF ECONOMIC RESEARCH
ROY G. BLAKEY, Chief
M. JOSEPH MEEHAN, Editor
Volume 16
Number 3
MARCH 1936
CONTENTS
STATISTICAL DATA—Continued
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 of individual industries:
Automobiles and rubber
Forest products
Iron and steel
Textile industries
Page
2
3
4
5
6
7
8
9
10
11
12
13
14
15
SPECIAL ARTICLE
Progress of the aeronautics industry
16
STATISTICAL DATA
New and revised series:
New series, rates charged customers by banks in principal cities,
1919-1935; total volume of trading in all wheat and corn futures,
1921-1935; new security registrations with the Securities and
Exchange Commission made fully effective, September 1934December 1935
19, 20
Revised series, brokers* loans, January 1929-December 1935
19
Weekly business statistics through February 29
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
Subscription price of the SURVEY OF CURRENT BUSINESS is 31-50 a year. Single-copy price: Monthly, 10 cents; weekly, 5 cents.
Foreign subscriptions, 33, including weekly supplements. Make remittances only to
Superintendent of Documents, Washington, D. C.
49736—36
1
Page
21
22
23
24
25
27
31
36
37
39
41
42
45
47
48
49
51
52
53
55
56
57
58
60
Inside back cover
SURVEY OF CURRENT BUSINESS
March 193&
Business Indicators
1923-25=100
FACTORY EMPLOYMENT AND PAYROLLS
INDUSTRIAL PRODUCTION
125
125
A
100
s\
100
\
\
75
V
r
/"\ 1
75
Adjusted ®
50
50
25
25
0
I M I I I
i ii M1 II|I 1
I IIIIIIII I *
100
100
L.C.L. (AdjustedJ-r
\
\
75
\
k
k\V
50
TOTAL (Atijusted)*
25
25
i iii i1 itI i i
PAY'ROLLS 'Unadjusted)
CONSTRUCTION CONTRACTS AWARDED
125
0
»—o
i i i i i | M I i I 11 i i i 1 11 i 11 11 11 11 11 i 11
FREIGHT CAR LOADINGS
50
\
0
125
75
EMPLOrM£NT (Adjusted) *
111 11 1 I I I 11i i i 111 i i i 11
/
\
TOTAL (Aq
'usted)*/
V
^r^ftfS/Df/l/T//\L (Adjusted)*
0
11111! 11111 t n i I 1 I i i i i i i 1 i i I i i i i i
WHOLESALE PRICES'
DEPARTMENT STORE SALES
125
125
100
75
•
100
>
\
ALL COMMOL
VT/ES
TOTAL
Adjusted)
75
<~*~r/v1/?A/ PRODUCTS
50
50
25
25
0
a
9
1 I11 ; I 1 i I I 1 I
1 1 ! 1 1 I 1 1 1i 1I 11 1 1 1 I 1 | 1
0
I I M I 1 It | t | 1 ! 1 1 1 1 I 1 1II1 III , II 1 M 1
FEDERAL RESERVE MEMBER BANK LOANS*
BANK DEBITS OUTSIDE NEW YORK CITY
150
i5or
125
125
X
100
\
\
75
\
100
TOTAL
7-
\
75
/
V
50
50
ot
1929*30*3! '32'33
OTHER
(commercial)
i iiit1 iii i i
i 11 1111 i 11 i
-ALL
1934
1935
* ADJUSTED FOR SEASONAL VARIAT/ON
111111»11 M |
1936
f
oL
I9Z9'3O'3I %IV7&
* REPORTING MEMBER BANKS
I 1 i 1 I
I i i M
1934
» 1 M 1 1 I I 1 1 1" M
1935
l l l l I I I1
1936
O.O. 8639 J.M.
SUEVEY OF CURRENT BUSINESS
March 1936
Business Situation Summarized
USINESS activity has declined moderately below loadings has been about the same as in 1935 subsequent
B
the December peak, but the major indexes for both to the week ended February 1. The seasonally adJanuary and February were higher than for the cor- justed index of loadings for January was slightly lower
responding months of 1935. This recession follows a than the December index which was the highest reperiod of substantial expansion in the latter half of ported since August 1931. The February index was
1935, and has been influenced by special and tem-the same as that for January.
Employment in both the manufacturing and nonporary conditions, such as the changes in the seasonal
trend of automobile production and sales, and the manufacturing industries declined in January, partly
by reason of seasonal influences. Significant features
severe winter experienced throughout the country.
The increase in the volume of industrial production of the data are the substantial increases in both emin January was less than seasonal, and the Federal ployment and pay rolls in the durable goods industries
Reserve's adjusted index dropped from 104 in Decem- in comparison with a year ago.
Retail sales in January dropped by more than the
ber to 99. A further recession in the seasonally
adjusted index is anticipated for February, but the usual seasonal amount after the marked rise toward
indicated change is not large. The principal influences the close of 1935, and trade has continued relatively
in the January movement of the index were the declines slow during February. For the first 2 months of the
in pig iron, steel ingot, and automobile production, and year, however, retail sales have been above those of a
the less-than-seasonal increase in some of the con-year ago in both urban and rural areas. The gain in
sumers' goods industries, particularly textile and leather purchasing power in farm regions is indicated by the
manufactures. Coal production increased by about increase of 26 percent in the index of cash income from
the usual seasonal amount and lumber production was the marketings of farm products in January over those
up both actually and after seasonal adjustment. During of a year ago. The added income from benefit payFebruary the output of automobiles declined sharply, ments by the A. A. A. ceased early in January.
while steel ingot production again turned upward.
Construction activity has been hampered by existing
The heavy movement of coal was responsible for the weather conditions, and contracts awarded have
gain in freight traffic in recent weeks in comparison declined. The outlook for the spring building season,
with a year ago since the combined volume of other nevertheless, remains favorable.
MONTHLY BUSINESS INDEXES
Foreign
Department
Factory emFreightstore sales, trade, value,
ployment
and pay rolls car loadings
value
adjusted 2
MerchanTotal dise,
1. c. 1.
Industrial production
Unadjusted l
Adjusted *
Year and month
il
Cash farm
income 3
if
fl
114
108
119
106
120
105
83
71
63
78
76
85
90
88
86
86
84
84
117
103
82
71
64
117
102
81
70
63
77
75
76
85
88
91
91
91
87
84
83
87
89
96
98
95
91
92
90
79
88
97
84
85
92
100
95
96
85
86
86
87
90
95
98
104
96
98
99
Adjusted for number of working days.
]
104
— SB
il
I
l
I
f f
Monthly average, 1923-25=100
1929: January..
1930: J a n u a r y .
1931: January..
1932: January..
1933: January..
1934:
January
December.
1935:
J a n u a r y . _.
February..
March
April
May
June
July
August
September.
October
November.
December.
1936:
January..
Is
Monthly
average,
1924-29= 100
Monthly
average,
1926=100
106.0 106.5
97.5 98.0
69.5 69.5
51.5 53.5
41.0 44.0
95.9
92.5
78.2
67.3
61.0
103.1
99.4
81.7
70.2
61.4
102.3
95.9
70.0
53.5
39.5
108
100
82
64
56
104
101
90
81
90
88
81
64
49
110
107
99
79
61
126
106
64
39
31
113
95
56
42
29
142.4
130.2
110.0
80.6
61.1
120
95
71
31
22
75.2
79.0
54.0
63. 2
64
64
70
57
135
45
42
42
41
66.9
79.0
49
31
51.0
56.0
54.5
56.0
84
81
87
93
92
101
80.7
82.0
82.6
82.4
81.3
80.0
80.4
81.7
81.9
83.6
84.8
85.6
64.3
69.1
70.7
70.8
68.5
66.4
65.3
69.6
72.1
75.0
74.5
76.6
64
65
65
61
61
63
58
60
62
64
59
61
71
79
76
76
55
61
86
86
91
145
71
78
74
75
82
73
76
80
80
78
81
77
81
84
45
47
48
45
46
50
52
49
50
51
48
49
49
52
51
59
54
53
58
52
58
76.4
66.8
80.3
79.8
79.4
80.7
84.4
79.3
76.7
86.0
85.2
94.7
27
28
26
27
27
30
35
38
43
48
60
67
53.0
47.5
51.0
55.5
57.0
52.0
53.5
64.5
75.5
94.0
78.0
70.5
54.5
57.5
60.0
69.0
64.0
60.0
60.5
62.5
63.5
67.0
66.5
66.0
102
85.0
72.2
63
79
57
88.7
62
67.0
69.0
116
110
1
U
Adjusted for seasonal variation.
• From marketings of farm products.
72.2
76.9
78.8
79.5
79.4
80.1
80.2
79.8
79.4
80.5
80.7
80.5
80.6
80.6
SURVEY OF CURRENT BUSINESS
March 1936
Graphic Comparison of Principal Data
JANUARY
Y/////A
BANK DEBITS OUTSIDE NEW YORK CITY —
150
50
REMAINDER OF YEAR
OF DOLLARS)
(B/LLIONS
250
200
300
///A
ZZA
I
•
'
I
I
I
I
I
CONSTRUCTION CONTRACTS AWARDED — (B/LL/OA/S
I
1
L
////77\
OF DOLLARS)
/////////////////77X
J.
i
STEEL INGOT PRODUCTION — (MILLIONS OF TONS)
10
20
AUTOMOBILE PRODUCTION — (MILLIONS OF CARS)
FREIGHT CAR LOADINGS — (MILLIONS OF CARs)
10
20
30
50
i
r
D.D. 6638 JM
SUEVEY OF CURRENT BUSINESS
March 1936
Commodity Prices
T
HE Bureau of Labor Statistics' index of wholesale about 0.5 percent lower than the December index.
prices has shown a tendency to flatten out if not By mid-February prices of finished products had
to turn slightly downward during the past 3 months. recovered slightly but those of semimanufactures had
In fact, the 5.2 percent rise in this index from December declined about 0.4 percent more.
The horizontal movement of the Bureau of Labor
1934 to December 1935 was due mostly to the advances
of three component groups, namely, foods, farm prod- Statistics' 784 commodity weekly index from the miducts, hides and leather, and the textile products. Hides dle of December to the middle of February (Dec. 14,
and leather continued to advance in January of this 80.8; Jan. 18, 80.2; Feb. 15, 80.6—1926 average equals
year but the foods group—particularly cereal products 100), may be compared with the 4 percent advance of
and meats—declined substantially and the index of Moody's daily index of 15 "sensitive" commodity prices.
farm prices receded slightly, notwithstanding some
The Department of Agriculture, after noting little
improvement in grain prices. However, both foods change between January 15 and February 15 in the
and farm products indexes advances during the first general level of prices received by farmers, stated that
half of February. The unusually severe winter occa- it anticipated a downward trend of farm prices until
sioned some price advances in the fuel and light group midyear.
in January and February but this advance was largely
January was the first month since July 1935 in which
offset by declines in textile prices, which reflected lower the National Industrial Conference Board's cost of
cotton prices and the removal of processing taxes.
living index failed to advance. Increases in indexes of
The index of the raw material components of the rents and coal were offset by declines in food, clothing,,
Bureau of Labor Statistics' combined index was about and gas and electricity. Fairchild's composite index of
0.5 percent higher for January than for December and prices of department-store articles was only 0.1 percent
about 1 percent higher still by February 15. On the higher February 1 than January 2, and only 1.7 percent
other hand, the January index for finished products higher than February 1, 1935. Changes in most comwas about 0.8 percent and that for semimanufactures ponents of this index were nominal.
INDEXES OF COMMODITY PRICES
Wholesale Prices (Department of Labor)
Retail Prices
Groups and subgroups
Economic classes
It
Year and month
Dec.
Mo.
Mo.
Mo.
1930
average average average (Jan.
1923= 1909-14 1923-25 1931)=1,
= 100
100
= 100
100
Monthly average, 1926=100
1929: January...
1930: January. _.
1931: January...
1932: January...
1933: January...
1934:
January
December. _
1935:
January
February...
March
April
May
June
July
August
September.
October
November.
December..
1936:
January...
98.3
93.8
62.4
46.7
32.9
II
II
•gs
95.9
92.5
78.2
67.3
61.0
94.7
92.1
81.5
72.1
66.7
98.8
94.0
72.7
58.3
50.2
94.6
90.2
73.7
63.1
56.9
82.7
81.3
72.2
65.6
61.2
99.9
99.3
91.1
81.4
73.7
147
145
101
71
72.2
76.9
76.0
79.5
64.1
73.1
71.9 58.7 63.7 64.3 48.9 78.3 86.3 74.4 73.1 89.5 80.8 85.5 76.5 67.5
71.0 72.0 91.5 75.3 69.0 78.0 85.1 77.8 73.7 85.1 81.2 85.9 70.0 71.0
77.5
77
101
78.8
79.5
79.4
80.1
80.2
79.8
79.4
80.5
80.7
80.5
80.6
80.9
80. 8
81.5
81.7
82.3
82.4
82.2
82.0
83.0
83.1
82.7
82.7
83.1
76.6
77.4
76.6
77.5
77.6
76.4
75.8
71.1
77.3
77.1
77.2
77.7
71.2
71.7
71.8
72.3
73.5
73.9
72.8
73.2
74.4
76.3
76.2
75.2
77.6
79.1
78.3
80.4
80.6
78.3
77.1
79.3
79.5
78.2
77.5
78.3
88.8
87.4
82.8
87.9
83.2
76.9
78.3
79.3
83.5
86.4
77.9
76.6
70.7
70.1
69.2
68.7
68.7
68.4
67.7
67.3
67.1
67.5
67.4
67.
81.6
82.4
82.4
83.2
82.9
82.7
82.6
83.0
83.5
83.9
84.3
84.8
107
111
108
111
108
104
102
106
107
109
108
110
80.6
82.4
78.1
74.8
78.2
78.9 83.5 94.9
67.
84.8
109
i Revised. See p. 20 of the November 1934 issue.
105.9
101.0
73.1
52.8
42.6
2
98.9
97.3
80.7
64.7
55.8
79.9
82.7
81.9
84.5
84.1
82.8
82.1
84.9
86.1
85.0
85.1
85.7
105.7
106.2
88.4
61.9
49.5
81.6
87.9
91.6
94.3
97.0
94.5
93.3
102.0
102.9
97.1
94.3
97.5
92.3
89.5
79.0
71.7
67.3
77.7
77.4
77.3
77.2
77.6
78.0
78.0
77.9
77.8
78.3
78.8
78.7
95.5
94.3
83.8
74.8
70.1
84.9
85.0
84.9
84.6
84.8
85.3
85.2
85.4
85.9
86.1
85.8
85.5
95.6
93.0
84.5
75.7
71.6
79.3
80.4
81.5
81.0
81.2
80.7
78.7
78.6
80.2
81.1
81.2
80.6
84.2
81.7
73.3
67.9
66.0
72.9
72.5
73.0
72.8
73.1
74.2
74.7
74.1
73.0
73.4
74.5
74.6
113. 4
105.1
88.7
79.3
68.9
86.2
86.0
85.4
86.3
88.3
88.9
89.3
89.6
90.9
93.6
95.0
95.4
93.9 100.1
93.8 97.2
88.3 86.9
77.6 81.8
72.9 78.2
81.2
80.7
80.7
80.7
80.6
80.5
80.4
80.5
80.5
80.6
81.0
81.0
85.8
85.8
85.7
85.9
86.6
86.9
86.4
86.6
86.6
86.5
86.9
86.8
92.5
87.2
71.3
59.6
51.9
70.3
70.1
69.4
69.2
69.4
70.1
70.2
70.9
71.8
72.9
73.4
73.2
78.8 85.7 80.5 75.1 97.1 81.4 86.7 71.7
Middle of month. This is a new series. See p. 23.
3
102. 7
72.8
62.5
98.1
81.3
71.1
74.5
88.5
87.2
80.5
81.5
82.0
86.8
86.6
86.3
86.3
86.1
85.7
85.2
85.7
86. 6
87. 6
88.0
88.2
81.7
88.3
79.7
81.3
81.4
80.2
Index is for 1st of following month.
SUEVEY OF CURRENT.BUSINESS
March 1936
Domestic Trade
business so far during 1936 has reflected
RETAIL
the adverse influence of prolonged cold weather,
although this has not been the only factor contributing
to the more-than-seasonal drop in sales since December.
These recent changes, however, represent temporary
readjustments and do not indicate a reversal of the
upward trend of sales which has been in progress since
1933. Consumer purchasing power is at a higher level
than a year ago and this improvement is reflected in the
sales increases reported over the opening months of
1935.
The drop in the index of general merchandise sales
in rural areas since December has been more pronounced than the recession in the department store
sales index, but the former is a more sensitive index,
and hence is naturally subject to wider swings. It is
possible that the Supreme Court decision declaring the
Agricultural Adjustment Act unconstitutional may
have influenced spending in rural areas, but there is at
present no statistical evidence to support this view
and it is doubtful that any such effects would be felt
so promptly as to influence markedly the January
figure. It should be noted, moreover, that January
sales of general merchandise in rural areas were the
highest for the month since 1930 and were 10 percent
in excess of those of the opening month of 1935.
The drop in the seasonally adjusted index of passenger automobile sales reflects not only the hampering
effects of a severe winter but also the unusually large
volume of sales in the final quarter of 1935, when
deliveries of new models increased rapidly. Sales of
cars during February also have been slow.
Final estimates by the Department of the value of
retailers7 sales in 1935 reveal a gain of 14 percent in
comparison with those of 1934, The relative increase
was the same as the estimated gain in 1933.
Total sales by retailers were estimated at $32,606,000,000 for 1935, compared with the estimate of $28,649,000,000 for 1934 and the figure of $25,037,000,000
reported in the Census of American Business for 1933.
The 1935 figure was two-thirds as large as that reported
in 1929.
Since readers of the SURVEY are acquainted with the
changes in those lines of business covered by the regular monthly data, chief interest attaches to the estimates for other lines. It should first be noted, however,
that sales for all major groups were higher than in 1934,
the increase ranging from 2 percent for variety stores to
26 percent for catalog sales of the mail order companies.
Sales of the building supply and hardware and furniture and household equipment groups, were up about
one-fifth for each; restaurant and eating place sales
advanced 18 percent; jewelry sales, 15 percent; farmers'
supply county general store sales, 12 percent; and sales
of apparel and drugs, 8 percent each.
Copies of the release showing the trend of sales, by
kinds of business, from 1929 to 1935 may be secured
from the Marketing Research and Service Division,
Bureau of Foreign and Domestic Commerce, Washington, D. C.
DOMESTIC TRADE STATISTICS
Wholesale
Retail trade
Department stores
Year and month
Sales
Stocks 3
Unad- Adjust- justed 2
ed i
Unad- Adjust- justed 2
ed i
1
90
88
81
64
49
110
107
99
79
61
89
88
78
66
52
57
135
71
78
59
60
59
61
71
79
76
76
55
61
86
86
91
145
74
75
82
73
76
80
80
78
81
77
81
84
57
61
65
66
66
61
63
79
Corrected to daily average basis.
100
New passenmer- ger car-sales
ComVariety stores General
chandise
bined
index
Ad- Unad- Ad- Unad- Ad(18 com- Unadjust- just- just- just- justpanies) * justed a
ed 2
ed^
ed^
ed i
ed a
Avg. same
mo. 1929Monthly average, 1929-31 = 100
31 = 100
138.5
74.7
100.2
91.2
109.9
90.8
110.5
73.6
98.7
89.2
107.5
74.1
70.5
70.3
94.3
70.6
85.1
47.3
45.5
66.1
88.8
57.5
69.3
31.2
41.0
61.3
80
82.3
47.2
56.8
28.1
60
67
72
75
61
58
2
65
Employment
97.7
100.0
88.9
80.7
73.6
70.2
163.9
94.2
88.9
66.0
134.2
79.5
94.5
22.8
27.7
33.5
49.0
85.0
100
100
100
103
67.2
75.8
78.1
92.9
86.0
86.1
82.0
79.3
87.7
93.4
95.1
178.4
90.2
90.8
93.0
90.6
86.0
90.7
92.1
89.6
91.8
92.0
93.7
96.7
72.6
82.0
90.6
97.0
87.6
94.2
74.7
79.8
103.7
127.6
127.6
155.9
87.5
90.6
97.4
101.0
93.1
99.7
97.0
92.8
104.8
104.6
103.7
109.8
51.5
72.7
100.2
116.7
98.4
104.9
89.1
80.2
50.1
53.3
96.6
90.6
75.0
86.5
94.5
78.5
70.0
78.5
81.0
75.0
79.0
82.0
113.5
106.5
84.2
84.6
84.0
83.2
82.5
82.1
82.1
82.7
83.7
85.7
86.4
96
67.7
90.8
79.9
96.3
69.4
102.0
85.6
Adjusted for seasonal variation.
3
End of month.
4
Pay
Fail-
rolls
Monthly average, 1929=100
94
57
Commercial
failures
Rural sales
Chain-store sales
Monthly average, 1923-25=100
1929: January..
1930: January..
1931: January _.
1932: January..
1933: January..
1934:
January
December..
1935:
January
February...
March
April..
May__
June
July
August
September _
October
November.
December..
1936:
January..
trade
96.7
99.9
86.3
71.8
58.3
Liabilities
Num- Thouber ofsands
dolls.
2,535
53,877
2,759
61,185
3,316
94,608
3,458
96,860
2,919
79,101
60.3
64.8
1,364
963
32, 905
19,911
64.6
65.2
64.8
64.6
64.6
64.6
64.8
67.2
66.8
66.9
68.6
1,184
1,005
976
1,115
1,027
961
931
910
806
1,097
927
940
18,824
18, 738
18, 523
18,064
15,670
20,463
20,447
17,846
21,838
22, 244
20,023
17,443
66.6
1,077
18.104
See note on p. 26 of the Nov. 1934 issue.
SURVEY OF CUERENT BUSINESS
March 1936
Employment
and pay rolls in the industries overlooked, however, that employment in the former
EMPLOYMENT
surveyed monthly by the Bureau of Labor Statistics group of industries is still relatively lower than in the
declined in January, coincident with the seasonal
reduction of operations in many lines of production,
and the reduced volume of retail trade following the
Christmas buying season. Severe weather conditions
were also effective in reducing the number of workers
employed, particularly in the building construction and
quarrying industries.
After advancing steadily for 6 months, the seasonally
adjusted index of factory employment in January fell
0.6 of a point to 85 percent of the 1923-25 average,
while pay rolls, without seasonal adjustment, were 5.7
percent lower than in December. A year ago, factory
employment increased in January but more than half of
the gain resulted from the usual seasonal increase in
employment in the automobile factories. This year,
with the new model cars introduced 2 months earlier
than usual, employment in the automobile assembly
plants remained unchanged between December and
January.
The extent of the recent improvement in the durable
goods industries and the trend toward a better balanced
production is exemplified by the gains in factory employment and pay rolls in January over the same month
in 1935. Employment and pay rolls in the durable
goods industries were up 13 percent and 23 percent,
respectively, over this period, while in the nondurable
goods industries, employment was 0.3 percent lower,
and pay rolls only 3.8 percent higher. It should not be
latter group. For the durable goods industries, 719
workers were employed in January for every 1,000
employed in 1929, while in the nondurable goods industries this ratio in January was 870 to 1,000.
Of the 90 manufacturing industries surveyed, 28
reported gains in the number of workers employed in
January as compared with December, while 15 reported
larger pay rolls. The millinery industry, with a gain of
15 percent, was the only one reporting an increase well
in excess of the usual seasonal expansion.
With few exceptions, declines in employment in
January did not exceed the usual seasonal recession by
a wide margin. Industries reporting declines in employment of considerably more than the usual seasonal
proportions included cement, 16 percent; shirts and
collars, 11 percent; canning and preserving, 7.9 percent;
silk and rayon goods, 5 percent; woolen and worsted
goods, 4.5 percent; and leather, 2.7 percent.
Practically all of the sharp recession in employment
in nonmanufacturing industries in January was accounted for by the seasonal recessions in retail and
wholesale trade, and in building construction. Gains
were reported for anthracite and bituminous coal mining
as production was stimulated by the prevailing low
temperatures. Metalliferous mining reported a gain
which lifted the employment index for that industry to
the highest level since September 1931. Gains were reported also for year-round hotels and brokerage houses.
STATISTICS OF EMPLOYMENT, PAY ROLLS, AND WAGES
Factory employment
and pay rolls
Employment
Year and
month
Pay
roll
Unad- Ad- Unadjusted justed* justed
Nonmanufacturing employment and pay rolls
(Department of Labor)
Anthracite
mining
Employment
Pay
rolls
Bituminous
coal mining
Electric light
and power
and manufactured gas
Employment
Employment
Monthly average,
1923-25=100
1929:: January..
1930: January..
1931:: January..
1932: January..
1933:: January..
1934:
January..,.
December..
1935:
January
February..
March
April
May
June
July
August
September.
October
November.
December.
1936:
Pay
rolls
Pay
rolls
Telephone
and telegraph
Employ- Pay
ment rolls
Wages
Retail trade
Employment
TradeUnion
members employed
Pay
rolls
Percent
of total
members
Monthly average, 1929=100
Factory'
Common
labor
Average Average rates•
weekly hourly
earnings earnings
Cents
per
hour
Dollars
100.8
97.3
79.6
68.7
60.2
103.1
99.4
81.7
70.2
61.4
102.3
95.9
70.0
53.5
39.5
105. 7
102.1
90.6
76.2
52.5
100.7
105.8
89.3
61.5
43.2
106.4
102.5
93.9
80.8
69.8
106.1
101.4
73.3
47.0
36.1
92.9
99.6
99 2
89^3
77.7
91.7
99:. 7
98.6
88.4
73.0
94.3
101.6
90.5
83.0
74.6
94.5
105.1
96.3
89.1
71.7
97.2
100.2
92.3
80.3
72.1
95.9
99.8
88.1
71.9
54.7
28.42
27.10
23.20
18.91
16.22
.584
.588
.578
.530
.466
40
36
32
32
73.4
78.1
75.2
79.0
54.0
63.2
64.1
61.6
73.2
52.3
75.8
79.7
51.3
57.0
82.2
83.6
73.8
78.3
70.2
69.7
69.0
73.2
79.8
91.1
59.0
66.2
18.77
20.74
.552
.594
37
40
78.8
81.4
82.5
82.6
81.2
79.7
79.7
82.0
83.7
85.3
85.0
84.6
80.7
82.0
82.6
82.4
81.3
80.0
80.4
81.7
81.9
83.6
84.8
85.6
64.3
69.1
70.8
70.8
68.5
66.4
65.4
69.7
72.2
75.0
74.5
76.6
62.9
64.4
51.4
52.6
53.5
56.8
49.4
38.7
46.0
58.8
46.6
57.3
57.5
64.3
38.9
49.9
49.5
66.0
37.5
28.3
38.2
55.9
28.4
55.4
80.0
81.1
81.6
74.3
75.3
77.9
70.0
73.4
77.1
74.3
76.2
79.1
59.6
66.1
67.5
45.0
49.1
64.7
35.6
45.8
60.1
69.8
65.5
69.5
82.7
82.2
82.3
82.6
83.3
83.9
84.8
86.8
86.9
87.4
87.6
86.8
78.0
78.3
79.4
79.0
79.8
79.8
81.5
82.8
84.5
84.4
83.4
86.0
70.5
70.0
69.8
69.7
70.0
70.2
70.3
70.5
70.4
70.0
69.8
69.6
73.9
72.9
75.3
73.1
73.7
74.4
75.7
75.5
73.8
74.9
74.9
75.6
79.5
79.2
80.2
83.5
82.2
82.2
79.3
78.0
81.8
83.8
84.6
93.3
59.7
59.3
60.4
62.5
62.0
62.5
60.5
59.3
62.5
63.2
63.4
69.4
21.61
22.09
21.86
21.93
21.76
21.46
21.75
22.32
22.58
23.12
23.31
23.46
.594
.595
.597
.598
.599
.599
.598
.601
.601
.662
.604
39
39
39
40
41
42
42
42
42
42
42
41
83.1
January..
85.0
72.2
59.1
i Adjusted for seasonal variation.
54.4
79.6
70.2
86.3
84.6
70.1
74.9
80.7
62.0
2
National Industrial Conference Board.
41
' Road building.
8
SURVEY OF CURRENT BUSINESS
March 1936
Finance
T
HE available figures on bank credit outstanding which nearly two-thirds of the trading is done will be
indicate a slightly mixed trend from late January subject to the maximum margin requirement of 55
to the middle of February. Generally speaking, how- percent. In this group of stocks, pyramiding of
ever, the figures of the reporting member banks profits will still be possible, since for each dollar of
reflected little change. Excess reserves of the member price advance 45 cents will become available to margin
banks have remained in excess of $3,000,000,000, the additional borrowing.
weekly changes during February being of little signifiThe upward movement of stock prices continued
cance. The March Treasury financing will undoubt- during February. Following the Supreme Court's
edly cause some reduction.
decision in the Tennessee Valley Authority case relaThe immediate effect of the announcement by the tive to the sale of power from the Wilson Dam, a shortBoard of Governors of the Federal Reserve System of lived decline was led by the public utility shares.
the lowering of the maximum loan value of registered Again in the final week of the month prices fell rather
securities from 55 percent to 45 percent on January 24, abruptly. The steady improvement in bond prices
effective February 1, was to decrease the volume of proceeded with only minor interruption.
loans to brokers and dealers as reported by the New New capital issues fell sharply during January, and
York City reporting member banks. By February 19, the figures for early February did not indicate any
however, the volume of the loans had risen to the same important change. Nevertheless, there is a large
point as they were on January 22.
volume of new issues (including several important railIn commenting on the action with reference to mar- road offerings) being prepared for the market. A congin requirements, the Board of Governors of the dition of general ease still prevails in the money
Federal Reserve System estimated that at the end of markets.
1935 margins required on active issues averaged about
During the early part of February the President
40 percent of current market prices, as compared with announced that an immediate survey of all Federal
about 30 percent at the time the Board's regulation credit agencies would be conducted with a view to
was put into effect in October 1934. It was further canceling at least $1,000,000,000 in unused lending
estimated by the Board that stocks in the so-called authorizations voted by Congress during his adminisantipyramiding zone (i. e., on which profits cannot be tration. At the same time the Treasury Department
pyramided) will, under the new regulation, include announced an excess of expenditures over receipts
those with a volume of trading amounting to about during the first 7 months of the fiscal year of $2,124,one-third of the total dollar volume of trading in 419,000. In the corresponding portion of the fiscal
stocks on the New York Stock Exchange. Stocks in year 1934-35 the deficit was $1,965,674,000.
FINANCIAL STATISTICS
Bank
debits
outside
Year and month
New
York
City
Reporting member
banks,
Wednesday
closest 1 to end of
month
Loans
All
on
securi- other
loans
ties
Federal
Reserve
bank
credit
outstandIning,
vestend of
ments month
Net
gold
imports Money
inin
cluding circugold
lation
released
from
end of
earmonth mark
2
Total
bankers' acceptances
outstand-
Savings deposits
New Postal
York SavState ings
Average
Interest
rates,
divicomdend
mercial
per
paper
share
(600
(4-6
com- months)
panies)
97.72
96.71
96.10
80.34
83.32
75.6
69.2
88.77
92.57
47, 953
139,350
1.12
1.27
1,201
1,205
1,203
1,200
1,205
1,205
1,189
1,192
1.192
1,196
1,199
1,201
69.7
67.8
63.9
67.5
73.1
76.0
79.4
83.3
85.0
86.1
94.2
95.7
93.35
93.35
91.79
92.95
92.81
93.94
94.12
93.07
92. 65
92.84
93.69
94.47
92, 697
50, Cll
108,079
89,850
86, 395
58,083
134,127
151,537
177,139
145, 514
117,446
231, 237
1.28
1.29
1.29
1.29
1.29
1.29
1.30
1.33
1.34
1.35
1.40
1.41
1,208
101.7
96.16
115,253
1.42
28, 095
25, 691
21, 697
15,893
12, 053
7,446
7,681
7,379
5,574
4,259
8.675
8,995
8,374
7,256
5,907
6,053
5,529
6,843
7,149
8,559
1,484
1,209
980
1,856
2,077
1,279
1, 693
1,520
961
707
-17.8
4.5
46.3
-47.6
37.0
4,748
4,652
4,695
5,645
5,631
4,410
4,416
4,888
5,240
5,317
153
165
278
666
943
13,198
15,701
3,805
3,192
5,065
4,923
9,288
11, 367
2,630
2,463
771
543
9.4
92.2
5,669
5,577
5,067
5,154
1,201
1,207
14,983
13,181
15,849
15, 746
15,655
15,914
16, 657
15,643
15,127
16,962
16, 802
18,689
3,132
3,105
3,102
3,219
3,156
3,208
3,076
3,009
3,095
3,006
3,108
3,274
4,891
4,956
4,982
4,936
4,955
4,829
4,735
4,808
4,935
4,896
5,044
4,975
11,481
11, 520
11, 709
11, 804
11, 676
11, 791
12, 034
12, 022
12, 390
12,476
12,480
12,646
2,461
2,465
2,471
2,468
2,469
2,480
2,465
2,485
2,477
2,482
2,480
2,486
516
493
466
413
375
343
321
322
328
363
387
397
150.5
123.0
12.3
146.3
138.5
231.4
15.8
47.8
157.7
313.5
211.1
191.3
5,411
5,439
5,477
5,500
5,507
5,522
5,550
5,576
5,651
5,704
5,770
5,897
5,142
5,147
5,185
5,158
5,152
5,187
5,161
5,152
5,179
5,161
5,154
5,187
17,499
3,128
4,871
12,996
2,479
384
43.9
5,757
5,177
i Series on 101 cities resumed, superseding data on 91 cities.
Bond
prices,
New
York
New
Stock capital
Exissues
change
(domestic)
Thous.
of dollars
918,149
749, 644
466,659
184,870
64,507
Millions of dollars
1929: January
1930: January
1931: January
1932: January
1933: January
1934:
January
December
1935:
January
February
March
April.May—
June
July
August
September
October
November
December
1936:
January
Stock
prices
(421)
Standard
Statistics
2
1926=100
185.2
156.3
112.3
58.0
49.1
Dollars
Net exports indicated by (—).
Dollars
3.05
2.69
1.89
1.20
Percent
5M5
4^-5
2^-3
3^4
SURVEY OF CURRENT BUSINESS
March 1936
Foreign Trade
and imports were each about 12 percent
EXPORTS
greater in value in January than in the opening
month of 1935. The increase in exports was about
the same as the relative gain recorded in the latter
half of 1935 in comparison with the same period of
the preceding year, but the percentage increase for
imports was considerably less.
The increase in exports in January over a year ago
was mainly the result of the expansion in sales of
finished manufactures, although the value of exports of
agricultural products was also somewhat larger. The
value of machinery and vehicle exports was 50 million
dollars in January 1936, compared with 38 million
dollars in January 1935. The increase in exports of
various classes of machinery ranged from 69 percent for
industrial machinery to 10 percent for electrical apparatus. The value of exports of automobiles, including
parts and accessories, increased 28 percent, while
exports of petroleum and products increased 14 percent.
The more important increases in imports in January,
in comparison with the corresponding month of 1935,
were in crude materials and certain foodstuffs. Hides
and skins, inedible vegetable oils, unmanufactured
tobacco, textile fibers, fur skins, metals, and paper
base stocks showed increases in value ranging from
17 to 129 percent. Imports of such leading food commodities as fish, meats, and cocoa increased in both
quantity and value as compared with January 1935.
Imports of whisky more than doubled as a result of
the reduction in duty on January 1, 1936, the effective
date of the Canadian trade agreement. Imports of
cane sugar were barely half as large in quantity in
January 1936 as in January 1935. Although coffee
imports were 18 percent larger in quantity than in
January 1935, the value declined 7 percent. Imports of certain grains and animal feeds were considerably smaller in quantity than in January 1935;
the need for such imports has gradually diminished as
domestic supplies have become more normal.
The new reciprocal trade agreement with Brazil,
which also became effective on January 1, raises to
six the number of countries with which agreements
are now in effect. Other than Brazil and Canada,
these include Cuba, Belgium, Haiti, and Sweden. In
addition, agreements have been signed with the
Netherlands, Switzerland (effective Feb. 1 and 15,
respectively), and Honduras (effective Mar. 2). The
agreement with Colombia has been concluded, but the
effective date has not yet been set. Negotiations are
in progress with seven other nations.
In the year 1935, exports to the 10 countries with
which agreements have been concluded represented
28 percent of our total exports, while imports from
those countries accounted for 37 percent of all imports.
Exports to the seven countries with which agreements
are being negotiated were approximately 8 percent of
our total exports in 1935, while imports from those
countries were 6 percent of our imports.
EXPORTS AND IMPORTS
Year and month
ExValue Value ports,
inof
of
total total cluding
eximreexports, ports, ports
ad- 1 a d - 1
justed justed
Monthly average, 1923-25=100
Tl3~
126
1929: January
1930: January..
1931: January.,
1932: January..
1933: January..
1934:
January
December
193^January
January..
Crude
materials
Total
Total
Raw
cotton
Finished
manufactures
Food- Semistuffs, mantotal ufactures
Total
AutomoMa- biles,
chin- parts
ery
and
accessories
Total
Finished
Crude Food- Semimanma- stuffs manufac- ufacterials
tures tures
Millions of dollars
488.0
410.8
249.6
150.0
120.6
480.4
404.3
245.7
146.9
118.6
120.6
103.9
58.6
49,7
42.2
84.9
72.5
31.2
36.1
29.7
77.2
57.6
35.5
23.7
16.2
67.7
50.7
34.6
18,8
15.8
214.9
192.1
117.0
54.7
44.3
49.9
56.0
37.5
11.4
9.2
46.0
29.2
14.5
6.8
6.5
368.9
311.0
183.1
135.5
96.0
142.3
109.0
59.3
38.1
27.1
76.5
63.3
42.0
38.3
30.8
71.0
68.0
36.9
26.6
16.2
79.2
70.6
44.9
32,5
21.9
45
42
172.2
170.7
169.6
168.4
60.4
54.5
41.5
35.0
22.7
15.7
25.0
30.3
61.5
67.9
14.4
19.1
10.8
12.4
129.0
126.2
35.9
28.8
39.3
47.7
26.4
21.1
27.3
28.6
45
47
48
45
46
50
52
49
50
48
62
56
176.2
163.0
185.0
164.4
165.5
170.2
173.4
172.2
198.2
221 2
269.' 3
223.5
173.6
160. 3
182.0
160.7
159.8
167.2
168.0
169.8
195.5
218.1
266.7
221.0
55.8
45.0
40.5
38.2
36.9
40.6
38.3
40.9
68.7
82,6
112.7
82.7
32.2
27.1
21.8
21. 8
19.4
23.4
19.2
16.6
31.8
45.9
75. 1
56.8
16.3
16.3
16.2
12.9
15.4
15.5
15.3
15.6
22.4
23.7
26. 8
19.7
27.2
25.5
30.8
26.2
26.4
28.9
28.1
31.0
29.3
30.3
34.3
31.7
74.3
73.6
94.5
83.4
81.0
82.2
86.2
82.2
75.2
81.5
93.0
86.9
18.2
18.8
23.7
22.8
22.2
20.6
23.3
23.9
20.5
23.5
25.5
22.5
17.2
20.5
25.0
22.0
18.6
20.1
19.4
15.7
13.3
14.1
21.9
19.7
168.6
152. 3
175.4
166.2
166.8
155. 3
174.2
180.4
168.7
189.7
162. 8
179. G
43.1
45.2
50.4
45.9
44.4
43.7
53.0
50.2
49.8
55.4
46.0
55.7
65.8
51.7
59.3
56.1
55.0
49.4
56.5
63.6
44.4
51.7
43.9
44.8
29.6
29.0
35.2
30.7
33.6
31.7
32.1
31.3
38.4
38.6
36.3
42.8
30.1
26.3
30.5
33.4
33.9
30.4
32.5
35.4
36.0
44.0
36.6
36.3
198.0
195.1
59.8
35.7
15.9
28. G
90.8
25.5
22.1
186.4
55.3
39.7
33.0
106
64
39
31
February..
March
April
May
June
July
August
September..
October
NovemberDecember. .
193(5:
Imports 2
Exports of United States merchandise
Indexes
51
1
95
56
42
57
Adjusted for seasona 1 variations.
49736—36
2
58.4
2 General imports through December 1933; imports for consumption in 1934 and 1935.
10
SURVEY OF CURRENT BUSINESS
March 1936
Real Estate and Construction
A CTIVITY in the construction industry has been result of the placement of an unusually large volume
-£** curtailed as a result of the hampering effects of of contracts for educational buildings.
While publicly financed contracts made up 55 perlow temperatures and heavy snows. Contracts for
new work in many instances have been held up until cent of the total in 1935 and 68 percent in January
such time as it is possible to start actual construction 1936, these contract totals do not measure the full
operations. The value of new construction work extent of the construction work undertaken by the
placed under contract during February was con-Government. Aside from the geographic limitations
siderably less than in January, although it was higher of the Dodge data and the fact that contracts under
a certain minimum figure are excluded, much of the
than that reported in February 1935.
The marked decline in the value of contracts awarded, Government work is of the force account type.
General improvement in the real-estate market was
as reported by the F. W. Dodge Corporation for
reported
in the semiannual report of the National
January, was the result of the drop in the amount of
Association
of Real Estate Boards issued in February,
publicly financed work placed under contract from
based on a survey of conditions in 275 cities. The
$196,000,000 in December to $139,000,000 in Januhigh lights of the report may be summarized as folary. The recession in privately financed work was
lows: (1) An increase in real-estate prices in comonly from $68,000,000 to $65,000,000. On the basis
parison with a year ago was reported in 60 percent
of the January figures, and the outlook for spring of the cities; (2) the rate of turn-over of properties
building the Dodge Corporation has estimated a con- has improved in 85 percent of all cities; (3) a rising
tract total for the first quarter of the year of $450,- tendency in rents was reported for more than three000,000, or about 50 percent in excess of the total fourths of the cities; (4) a shortage of single-family
reported in the initital quarter of 1935.
rental dwellings was noted in two out of every three
Improvement in the construction industry has ex- cities surveyed; (5) an increase in leasing rentals for
tended to all major geographic areas, with the large commercial buildings was reported for the first time
metropolitan centers such as New York and Chicago in 10 years; and (6) a general decline in mortgage rates
reporting relatively large increases in January in com- and an increase in the availability of loanable funds was
parison with the opening month of 1935.
noted. In summation, the report is the most optimistic
The outstanding increase by classes of construction, review issued by the association since the advent of the
in January over the opening month of 1935 was in depression, and notes some of the basic influences behind
the nonresidential group and this in turn was thethe current improvement in the construction industry.
BUILDING MATERIALS, CONSTRUCTION, AND REAL ESTATE
Constructio n contracts awarded
F. R. B.
index
Year and month j u satde-d i
All types of
construction
Residential
building
Monthly
average,
1923-25=
100
NumMilber of lions
of
proj-
MilMillions of lions
of
square dollars
feet
1929: January
1930: January
1931: January
1932: January
1933: January
1934:
January
December
1935:
January
February
March
April
_
May
June __ _ .
July..
August
September
October
November
December
1936:
January
1
ects
dollars
Public
utilities
Public
works
Millions of
dollars
Building-material shipments Highways Con- Loans outstandunder
ing
strucRealconstruc- tion
tion
estate
costs,
(National
foreEng.
Com- L u m - Oak
Home
IndusCeNews- Owners* Home- clomon
floorloan
trial
ber
sures
ment
Recbrick
ing
Loan
banks
Recovery ord 2
Corp.
Act)
Thousands
120
95
71
31
22
10,189
7,587
6,911
4,659
3,800
406
324
228
85
83
29.3
13.8
12.2
6.9
3.2
138.1
66.6
54.4
27.5
12.0
40.0
89.9
38.6
4.6
8.0
38.9
49.7
58.1
19.5
34.7
49
31
7,728
5,770
186
93
3.9
4.0
15.1
14.6
10.6
12.9
103.1
37.2
27
28
26
27
27
30
35
38
43
48
60
67
6,458
6,135
8,929
10, 570
10,499
10,450
10,980
10, 655
9,978
11,386
9,256
8,249
100
75
123
124
127
148
159
169
167
201
188
264
5.5
4.6
8.8
11.9
13.1
13.7
13.1
11.8
12.2
16.8
12.3
11.9
22.4
16.6
32.2
42.2
44.9
49.8
48.4
40.5
41.8
55.1
39.7
45.1
8.7
3.9
6.5
7.3
5.4
9.1
13.8
4.4
12.5
11.2
10.7
18.1
46, 994
48,188
35.7 38, 281
23.9 38, 291
39.8 60,987
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, 501
62
7,724
205
10.3
37.4
17.9
58.9
Based on 3-month moving average and adjusted for seasonal variations.
Thousands of
feet, board
measure
Thousands of
barrels
Thousands of
dollars
Monthly average,
1913 =
100
34, 914
28, 038
18, 365
11,673
4,433
5,707
4,955
4,692
3,393
2,502
1,018
1,114
5,137
6,964
3,778
3,104
197, 088
147, 807
191.3
201.9
1,273
1,254
1,361
1,521
1,681
1,415
1,614
1,761
1,643
1,782
1,489
1,331
8,676
9,015
14, 606
14,438
18, 306
17,732
18,374
17,864
17,402
23, 475
19, 547
19,497
2,846
2,951
4,878
6,198
7,428
7,632
7,813
8,105
7, 799
8,794
5,976
4,514
145, 639
155, 448
170, 756
187, 675
191,522
185, 044
170, 846
149,047
126,211
102, 246
88, 776
74, 700
20,395
3,889
65,390
Thousands of
dollars
209 4
209 0
194.5
162.5
158.4
Number
"I5,"69O
3,896
18r 740
88,997
86, 658
15,917
17, 736
198.7 2, 363, 824 81, 985
196.0 2, 468, 744 76, 570
194.3 2, 539,408 72, 637
194.5 2, 578,883 74,011
194.1 2,620,119 75,836
194.8 2, 660, 677 79, 233
195.2 2, 702, 247 80,877
195.1 2, 747,022 86,025
195.1 2,788,203 90,432
195.1 2,838,086 95,595
194.9 2,886,013 97,089
194.9 2,940, 029 102, 795
18, 055
15, 455
17, 943
17,441
17,441
17, 249
15,835
14,964
14,470
14,398
12,886
13, 221
199.5
12,560
192, 064
2,196,988
2,984,438 102,800
2 Index is as of 1st of month, Feb. 1, 1936, 201.2.
11
SURVEY OF CUERENT BUSINESS
March 1936
Transportation
AIL traffic continued to increase during the first net was $35,875,000, a gain of 64 percent over a year
R
* 3 weeks of February on a daily average basis, but ago and the highest for that month since 1930.
Statistics just made available by the Interstate
the expansion in loadings since December has been
slightly less than seasonal. The severe winter and Commerce Commission show that the class I railroads
the consequent heavy movement of coal have been operated at only a very slight loss ($288,000) in 1935,
the most important factors in the gains recorded in as a result of the improvement in traffic during the
recent weeks. During the first 7 weeks of 1936, thelast 5 months of the year and the modest expansion
increase in coal traffic over the corresponding period in passenger traffic. Last year was the first since 1931
of 1935 accounted for about half of the 7.3 percent that the carriers did not report a substantial deficit.
increase in loadings of all classes of freight. Loadings
On the strength of the improvement in their financial
of 1. c. 1. and miscellaneous freight, which consist position in 1935, and the prospects of some further
largely of manufactured goods, and which together improvement in 1936, the railroads have placed a
account for almost 60 percent of all loadings, were considerable volume of orders for equipment. Ac2.3 percent larger than in 1935.
cording to the Railway Age, orders for 171,000 tons
With the exception of livestock, loadings of the re- of rails were placed in January, as compared with
maining 5 classes of freight were higher in this 7-week 67,000 a year ago, and 61,000 tons in January 1934.
period than in the corresponding period of 1935. It While railroad purchases are still relatively low, the
may be noted however that total loadings, less coal, promptness with which orders have followed the imactually dropped below a year ago during the first 3 provement in operating results indicates that the
railroads wall be important purchasers of durable goods
weeks in February.
The expansion in freight traffic in January was if the present upward trend of traffic continues.
reflected in the improved financial reports of the car- In line with the efforts of the roads to improve their
riers. According to the available data, gross revenues volume of l.c.l. freight, it is planned to extend the
were the highest for that month since 1931, and were 13 pick-up-and-delivery service. The western railroads
percent above the January 1935 total of $264,197,000. extended their service in January, the southern roads
Net railway operating income showed a larger relative inaugurated this service in February, while the eastern
gain, the increase in operating expenses being smaller roads have announced they will extend the service in
than the gain in gross operating revenues. January April.
RAIL AND WATER TRAFFIC
Freight-ear loadings
F. R. B. index
Year and month
UnadAdjusted' justed 1
Total
Pullman
Freight- pascar
sengers
Grain
MerMis- surplus carCoal Forest and Live- chan- Ore celand prodried
proddise
stock
lacoke ucts ucts
1. c. 1.
neous
Monthly average, 1923-25 =
100
1929: J a n u a r y .
1930: J a n u a r y .
1931: January .
1932: J a n u a r y .
1933: J a n u a r y .
1934:
January.. _
December.
1935:
January...
February.
March
April
May
June
July
August
September.
October- __
November.
December.
1936:
January..
1
Daily average basis.
Thousands
Thousands of cars 4
Financial statistics, class I
railroads
Operating
revenues
Canal traffic
Net rail- Sault New
way op- Ste.
York Panaerating
mas
income Marie State
Thousands of
dollars
Thous.
Thousands of of
long
short tons
tons
108
100
82
64
56
892.9
867.7
718.3
566.7
481.1
214.5
213.8
166.4
120.8
113.8
54.2
47.5
33. 1
18.4
13.9
45.5
40.1
40.7
31.0
26.7
29.5
28.4
25.6
22.1
17.2
229.0
232.8
207.0
186.6
153.4
8.9
8.1
5.2
2.9
1.9
311.2
297.0
240.3
184.8
154.1
278
393
647
742
2,836
2,760
2,203
1,643
1,158
481,648
446, 261
361, 843
272,116
226, 555
75, 682
54,676
33, 580
11,182
13,585
0
0
0
0
0
0
0
0
0
0
1,218
1,198
958
652
560
64
64
545.8
526.4
138.8
135.1
18.4
18.3
29.2
25.4
17.5
16.4
153.8
145.4
3.1
3.0
185.0
182.8
434
392
1,306 258,015
1, 371 257, 508
31, 058
39, 226
0
300
0
0
64
65
65
61
61
63
58
60
62
64
66
71
542.3
581.4
602.9
575.8
581.8
607.0
557. 2
620.4
657. 9
720.5
635.9
579.6
145.1
152.1
143.3
100.5
104.2
130.2
84.3
103. 5
117.8
143.4
132.3
138.8
18.7
25.1
25.2
25.4
25.0
26.3
26.4
30.3
30.9
31.6
27.5
25.9
24.3
25.6
26.9
26.9
25.6
25.4
30.0
42.2
40.6
37.0
31.3
27.3
14.5
12.4
11.6
12.9
12.9
10.2
9.9
12.9
17.4
21.6
16.9
12.8
143.6
152.2
160. 8
161.1
159.8
153. 5
150.2
159.6
160.3
166.9
157.6
146.6
3.3
3.2
3.7
8.6
25.6
31.8
32.8
34.1
33.8
32.4
13.4
5.2
192.8
210.9
231.4
240.2
228.6
229.6
223.6
237.8
257.1
287.5
256.9
223.1
342
320
300
310
305
272
296
245
229
208
252
271
1,398
1,204
1,219
1,193
1,146
1,309
1,286
1,425
1,364
1,278
1,246
1,409
264,197
254,940
274,652
279, 549
281, 336
275,349
294, 018
306, 960
341, 018
301, 331
296, 225
21,935
25, 720
37,851
34, 626
39,505
34,025
26, 851
42, 074
57, 359
75, 425
54, 234
46, 040
0
0
0
888
5,985
7,058
7,503
7,731
7,148
7,454
4,087
440
0
0
0
329
554
482
519
576
574
800
655
0
846
885
825
708
961
811
938
862
715
848
907
983
843
852
70
588.3
156.0
26.0
30.2
13.1
141.4
5.6
215.9
231
299,099
35,875
a Adjusted for seasonal variations.
3
American vessels, both directions.
* Average weekly basis.
775
12
SURVEY OF CURRENT BUSINESS
March 1936
Automobiles and Rubber
RESENT estimates indicate that the production With output down to 63,000 units in the week ended
P
of automobiles for the first 2 months of 1936 will be February 22, according to Cram's estimate, it is the
approximately equal to the output in the corresponding
consensus of opinion in the trade that assemblies will
months of 1935. Thus, the decline of assemblies in soon commence to expand as the spring selling season
recent weeks below the level of a year ago has can- opens a market now largely dormant. The test of the
celed the increase reported in January, and March market for new cars will thus come very shortly and
production will have to equal the 1935 figure of 430,000 the results will give some indication of the probable
units if output in the first quarter is to match the trend for the year as a whole.
1,058,000 cars and trucks turned out in the initial
With the decline in production, the business of parts
quarter of 1935. This would mean an increase of more and equipment suppliers has receded. The drop in
than 60 percent in March over the estimated production requisitions for original equipment tires has been a
of 265,000 units in February.
major influence in the downward trend of activity in
While the large volume of passenger-car sales in the rubber tire and tube industry during February,
the final quarter of 1935 was a factor influencing and some curtailment of working forces was made the
sales during the current quarter, the weather con- occasion of labor difficulties in Akron, employees of a
ditions throughout most of the country have hampered leading manufacturer engaging in a "sit-down" strike
sales efforts and materially cut the number of prospec- (refusing to work after individuals had reported for
tive new-car owners who are ready to accept immediate duty). Production of this company ceased pending
delivery of cars. Some production and marketing the adjustment of differences.
difficulties experienced by the manufacturers have also
The automobile tire production figures for the final
been cited as influencing the production totals, but quarter of 1935 reveal a very even output in that period,
these appear to be merely incidental since the large a trend which was indicated by the crude rubber constocks of new cars accumulated by dealer organizations sumption data which are available some time in
and the current volume of retail sales are undoubtedly advance of the tire report. It may be expected, therethe controlling influences. The used car problem also fore, that the January figures on tire production, will
is still acute.
show a substantial increase in line wdth the sharp
The seasonally adjusted index of automobile pro- rise in the consumption of crude rubber. As indicated
duction declined in January to 111 from 126 in Decem- above, however, this advance has not been maintained
ber (1923-25 = 100) and will drop further in February. during February.
AUTOMOBILE AND RUBBER STATISTICS
Automobile
exports
Automobile production
United States
Year and
month
F.R.B.
index,
adjusted1
Monthly av.,
192325 = 100
1929: January-_.
1930: January-_1931: January
1932: January
1933: January
1934:
January
December—
1935:
January
February-__
March
April
May
June
July
August
September..
October
November.December...
1936:
January...
Total
Passenger
cars 3
Trucks
Total
Thousands
Monthly average,
1929-31 = 100
Number
401
273
172
119
129
348
234
138
99
110
53,428
39,408
33, 531
20, 541
18,992
21, 501
10,388
6,496
3,731
3,358
24, 633
15,293
8,588
4,474
7,059
13, 032
12, 876
4,642
2, 515
3,082
219, 760
179,885
126, 786
87,493
79, 845
80
156
154
113
111
42. 912
42, 563
6,904
2,694
3,685
8, 279
7, 559
7,141
61, 242
75,514
29, 914
30, 202
24,414
14, 767
11, 709
22, 903
24,125
104
103
106
110
86
100
95
78
71
94
115
126
293
336
430
478
365
361
337
240
90
275
398
408
229
276
362
402
308
297
276
182
57
215
338
345
63, 552
60,044
67,977
76, 063
57,140
64, 639
60, 901
57, 605
32, 519
60, 415
59, 614
63, 191
10, 607
20, 765
15, 745
13, 069
7,692
5, 323
8,313
13, 496
13, 775
11, 035
15, 067
20, 986
18, 341
13, 604
16, 517
14,752
10, 076
5,622
7,471
22, 491
17, 736
6, 591
6,760
8,820
8,092
6,291
9, 753
10, 274
9,997
7,081
7,109
8,038
10, 276
136, 635
170, 615
261, 477
319, 650
293,199
280, 360
285,178
233, 851
157, 098
148,389
220, 262
237,194
34,759
34, 797
41,511
46, 785
47,968
48, 243
51, 243
50. 355
41, 390
43. 243
37, 616
38, 000
111
367
300
87,326
13,302
15,867
9,787
225,000
2
18,114
21,975
24,121
New passengercar sales
New
New
PassenUnadAdcomTrucks passen- mercial justed justed
ger
ger cars cars
142
97
63
45
Adjusted for seasonal variations.
1
Canada
Registrations
Pneumatic
tires 2
Production
Crude rubber
DoWorld
mestic
DoImstocks,
mestic conship- sump- ports end of
month
ments tion,
total
Long tons
Thousands
90.8
74. 1
47.3
31.2
28.1
138.5
110.5
70.5
45.5
41.0
5,042
3,589
2,940
2,770
1,806
4,721
3,348
2,855
2,545
2,011
38, 702
33,002
26, 272
25,725
19,928
57,581
47,904
36,598
33,552
30,663
296, 270
389, 041
510, 296
638, 416
634, 797
22.8
27.7
51.5
72.7
100.2
116.7
98.4
104.9
89.1
80.2
50.1
53.3
96.6
90.6
33.5
49.0
3,804
3,665
3,043
2,921
35,159
32,996
49,088
18,171
661,948
705, 975
75.0
86.5
94.5
78.5
70.0
78.5
81.0
75.0
79.0
82.0
113. 5
106.5
4,488
4,251
4,215
4,376
4,050
3,793
3,426
3,234
3,067
3,281
3,238
3,282
3,469
3,112
4,000
4,908
3,850
4,061
5,212
3,783
2,621
3,258
3,170
3,311
42,864
38,868
38,997
40,913
37,827
33, 327
33,109
36, 000
34, 000
38,192
38, 500
38, 648
40, 523
47, 844
46,640
41,456
30, 705
32,182
48,131
41,483
35, 707
36, 378
26, 073
39,812
698,153
686,195
677, 006
677, 569
671,525
679, 061
680,644
661, 509
655,000
623,300
597,149
69.4
102.0
43,655
33,921
582,000
Covers varying percentage of industry, see note on p. 55.
3
Includes taxicabs, see footnote on p. 59.
13
SURVEY OF CURRENT BUSINESS
March 1936
Forest Products
of lumber has not kept pace with present time. This decision was based on the stock
PEODUCTION
shipments since the middle of January, hence reduction prior to last summer and upon the future
outlook, but it was pointed out that the balance which
manufacturers' stocks, which increased during the last
half of 1935, are now declining. New orders received
have been about 15 percent in excess of production in
recent weeks. Part of this recent improvement in the
statistical position of the industry is due to the reduction in logging operations caused by the severe winter,
but the increase in orders received in comparison with
those of 1935 indicates improvement of a more fundamental nature.
Taking into consideration this further gain in orders
and the promising outlook for major consuming industries, the Lumber Survey Committee in its report to the
Department of Commerce has estimated the probable
consumption of lumber during the first quarter of 1936
at 4,873 million board feet. This is at an annual rate
of 20 billion feet, or about 8 percent more than the
est mated consumption in 1935. If this figure is
realized, lumber consumption will be the largest since
1930 when the total was 26.5 billion feet.
Major increases in lumber consumption are anticipated by the committee in the residential construction,
railroad, and furniture industries. Gradual improvement in economic conditions is expected to stimulate
the demand for lumber from the container and farmequipment industries.
Despite the increase in stocks during the latter
half of 1935, the committee did not recommend a
general reduction in manufacturers' stocks at the
has been achieved should be maintained at least until a
further increase in consumption has taken place.
The committee reported that "the proportion of
slow-moving mill stocks of lumber is still substantial,
although it is declining as general building activity
increases. The present-day hand-to-mouth buying
policy of retailers and industrial consumers is imposing
upon the sawmills the necessity of carrying a larger
proportion of the national lumber supply than formerly. On account of these factors the committee is of
the opinion that a reasonable ratio of stocks on hand to
current consumption is not generally more than 35 percent greater than the ratio in the year before the
depression. This percentage varies substantially between regions and species. Due regard therefore should
be given to the unbalanced conditions of stocks in some
regions. These conditions may warrant moderate
accumulations of surplus items necessary to provide for
scarce items. Exchanges of scarce items between mills
continue to be preferable to additional manufacture
which has the effect of adding to existing unwieldy
surpluses in other items."
Activity at paper mills has increased since December,
with the rate of operations in the middle of February
about 10 percent above that for December. Production during the first half of the current month was
slightly lower than in February 1935.
FOREST PRODUCTS STATISTICS
Lumber production
Year and month
1,140
957
1,078
1,133
1,247
1, 382
1,374
1,359
1,636
1,806
1,750
1,971
1,620
1,422
1936:
January..
Of forest products.
Newsprint
Paper production 2
Pay rolls
Total
Book
paper, News- Paper
unprint board
coated
Monthly average, 1923-25=100
ConWrap- sumption
ping
bypaper publishers
Short tons
251
165
80
85
86
73
51
28
22
110.4
102.3
77.2
67.3
53.6
97.0
76.7
70.0
93.6
60.2
44.0
26.1
47.8
34.6
31.9
794
106
79
30
32
62.2
62.9
97.8
92.9
35.3
45.9
50.4
50.2
649,143
618, 522
74,427
83,181
83,984
230, 311 115,198
199,940 120, 246
140,955
165,496
871
901
977
1,102
1,084
1,074
1,358
1,517
1,457
1,669
1,347
1,215
100
102
103
107
107
110
131
137
125
149
134
126
31
35
33
33
33
35
39
40
42
42
40
45
66.4
67.6
70.3
71.1
70.5
69.6
72.4
73.3
73.9
71.7
71.6
72.4
95.6
96.3
99.7
99.2
99.0
98.9
98.9
99.1
100.5
100.3
100.7
99.7
43.5
47.1
49.7
49.2
47.1
48.5
48.4
56.0
60.2
63.0
59.3
58.4
52.7
54.2
52.3
57.9
57.3
59.9
57.5
59.3
59.3
64.6
65.8
64.4
762,993
706,851
754,934
732,493
778,059
713, 999
694,705
806, 564
752, 268
904,197
777, 910
713,951
88,878
86, 989
96,411
96,852
93, 358
82,098
86,121
88, 201
87, 911
95, 894
89, 262
91,075
80, 298
70,579
72,303
74, 651
84,141
77,010
72, 797
75,160
71, 262
79,974
78,955
74, 262
262,026
251,870
275, 770
260,851
262, 463
256, 665
260, 207
291,127
289, 596
345,596
294, 290
243, 594
157,870
169,816
171,139
166,122
201,970
161,884
153,811
148,142
160, 558
179, 821
187, 448
186, 514
1,261
141
42
74.4
98.0
51.8
60.5
101,223
79,361
1929: January..
1930: January...
1931: January..
1
Employment
TurUnadjusted
CaliFurni- penTotal South- fornia
tine
TurAdture, and
Total * Softern
redjusted
ad- rosin- Furni- pentine
woods
pine
wood
justed unad- ture
and
justed
rosin
Millions of feet, board measure
1932: January. _
1933: January..
1934:
January
December..
1935:
January
February..
March
April
May
June
July
August
September.
October
November.
December..
Car
loadings i
5
See note in p. 54.
?
Adjusted for seasonal variations
123,822
124, 851
101,194
94,389
74,422 205, 326
183, 502"
176,162
160,660
151,181
127,446
147,698
135,078
139,857
132,986
148,984
132,181
121,304
160, 510
135, 278
176,973
138, 523
131, 544
'See footnote on p. 48.
161,185
14
SUEVEY OF CURRENT BUSINESS
March 1936
Iron and Steel
of the interesting features of the current inThe extent of the slackening in orders from the autoONEdustrial
situation is the definite improvement in mobile industry during the current quarter is indicated
the rate of steel operations during February, despite the by the sales of steel sheets reported by independent
slackening of the demands of automobile manufac- sheet manufacturers. In January such sales amounted
turers who collectively provided a market for one- to 175,000 short tons, the smallest figure reported since
quarter of the finished stee] produced in 1935.
June of last year and a drop of 40 percent from the
Mounting railroad purchases and increased demands November peak. Production and shipments were
for structural steel are the sources to which the trade considerably higher than new orders, but the volume of
journals ascribe the present improvement, but it unfilled orders on the books of manufacturers is relaappears that many other industries also are in the tively high and sufficient to maintain production for
market for increasing quantities of steel with the sometime around the level of the past few months
current rate of ingot production about 10 percent unless the rapid decline in orders should continue.
above the 1935 yearly average. It may be noted also
Prices of finished steel have weakened during the
that shipments of finished steel by the largest corpora- past month, according to the Iron Age, but the change
tion increased in January, contrary to the movement in the composite price has been relatively slight—the
of ingot output which dropped from 56 percent of drop in the month ended February 18 being from 2.13
capacity in December to 51 percent in January. cents a pound to 2.109 cents. A year ago the price was
January shipments by the United States Steel Cor- 2.124 cents. Scrap prices have been strong, with the
poration were the largest since May 1931, with the Iron Age composite advancing to the best level since
exception of the months of May and June 1934, when April 1930. The scrap buying movement, however, is
shipments were abnormally high for a brief period by apparently influenced by the weather and transporreason of anticipatory buying before a price rise be- tation situation and buying by dealers. This explains
came effective. February deliveries also will be high the apparently contradictory movements of the prices of
in view of the progress made in filling the enlarged scrap and finished steel.
volume of orders for the railroad industry. Both
Eeports for the leading steel manufacturing comproduction and shipments during the first quarter of panies covering the year 1935, assembled by Standard
1936 are expected to be higher than in the first quarter Statistics, Inc., reveal that the industry operated at a
of 1935, although ingot production will probably aver- profit for the first year since 1930. Nine major comage below rather than above the output for the final panies reported a combined net income of $33,669,000,
quarter of 1935.
as compared with a loss of $17,718,000 in 1934.
IRON AND STEEL STATISTICS
Iron and
steel
General operations
Year and month
EmPay
Produc- ploytion, ment, rolls, Ex- Imunad- ports ports
adadjusted * justed' justed
Monthly average,
1923-25=100
1929: January-_
1930: January. _
1931: January. _
1932: January..
1933: January. _
1934:
January
December..
1935:
January
February...
March.
April
May
June__
July—
August
SeptemberOctober
NovemberDecember..
1936:
January...
Pig iron
Steel ingots
Production
Furnaces
in
blast
Thousands of long
tons
Number
Production
Steel sheets2 United
Prices
States
Steel
Corporation, Iron Steel Steel FinNew Ship- finished and billets,
scrap ished
prod- steel, Besseorsteel,
mer (Chi- comcom- : (Pittsders ments ucts,
cago)
ship- posite burgh)
posite
ments
Percent
of
capacity
Thousands
Thousands of
of long
short tons
tons
Long
tons
Dollars per long ton
Dollars
per 100
pounds
126
107
71
44
29
101.3
97.8
76.5
60.6
47.8
102.3
92.7
62.0
36.3
22.8
273
224
93
41
57
55
44
42
31
22
3,442
2,827
1,714
973
569
202
172
102
61
45
4,500
3,778
2,512
1,485
1,017
438
382
181
121
362
242 1,104,168
170 800,031
113 426, 271
79 285,138
35.94
35.19
31.69
29.65
28.17
33.00
34.00
30.00
27.75
25.00
15.25
12.69
10.22
7.50
5.25
2.55
2.46
2.22
2.11
2.12
56
65
64.9
67.7
41.1
47.6
178
283
23
20
1,215
1,028
87
69
209
193
31.15
32.39
26.00
27.00
10.50
10.31
2.31
2.44
69.4
70.6
70.8
71.1
71.5
71.7
72.4
73.4
74.1
75.9
77.1
77.9
51.9
59.0
59.3
59.4
58.3
55.7
52.6
59.4
62.7
65.5
65.1
263
229
323
205
287
290
297
247
244
238
205
239
23
29
21
29
48
33
32
31
53
60
57
54
1,477
1,609
1,770
1,663
1,727
1,553
1,520
1,761
1,776
1,978
2,066
2,106
90
96
97
91
95
99
104
116
122
120
322
183
193
168
150
129
206
207
196
226
289
203
131
142
206
201
233
202
187
161
152
181
177
221
213
195
331, 777
418, 630
80
80
72
67
66
66
69
81
84
88
96
103
1,997
1,964
2,872
2,778
2,868
2,641
2,636
2,231
2,270
2,919
2,830
3,146
3,153
3,082
534, 055
583,137
668, 056
591, 728
598, 915
578,108
547, 794
624,497
614,933
686,741
681,820
661,515
32.58
32.54
32.36
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
27.00
27.00
27.00
28.00
29.00
11.80
11.25
10.50
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
2.44
2.44
2.44
2.43
2.43
2.43
2.43
2.43
86
77.6
64.4
242
50
2,026
117
3,049
175
207
721,414
33.34
29.00
13.38
2,43
i Adjusted for seasonal variations.
a Black, blue, galvanized, and full finished.
3 See table on p. 19 of the January 1935 issue.
15
SURVEY OF CURRENT BUSINESS
March 1936
Textile Industries
ANUARY statistics on cotton-mill activity indicate less, the index reveals that activity in the three branches
JAgricultural
that the Supreme Court's decision invalidating the of the textile industry for which data are included is
Adjustment Act has as yet had little effect still at a relatively high rate; except for the last 4
on output. The confusion existing in the markets for a months of 1935, the index has not been above its present
time was eliminated to at least a partial degree, as level since the summer of 1933. It is actually higher
buyers and sellers gradually came to an understanding than for any January since 1929.
The wool component continues as the most important
with regard to prices and the protection of mutual
interest with reference to possible future legislation and single factor in the present high position of the index,
past taxes held in escrow. Nevertheless the relatively notwithstanding the gradual slackening in operations
small volume of forward buying indicates that the in woolen mills since the record pace of last October.
uncertainty over the future has not been entirely In January the seasonally adjusted group index for the
wool industry, which is constructed from data on wool
removed.
Prices of finished cotton goods have gradually worked consumption and wool machinery activity, was 6 perlower in recent weeks, as mill owners passed on the cent lower than in December and 15 percent lower than
benefits of reduced costs resulting from the elimination in October 1935. Despite the sharp decline after
of the processing taxes and the decline in raw-cotton October, operations in January were the highest for
that month since 1923.
prices.
Following the rapid advance during the last quarter
Cotton consumption increased 11 percent from Deof
1935, the seasonally adjusted index of nonacetatecember to January, on a daily average basis, or slightly
rayon
deliveries declined 13 percent in January.
less than the usual seasonal amount. However, JanuDeliveries
were also below those of January 1935 but
ary consumption was the highest for any month since
were
above
the average for last year. In 1935, rayon
July 1933 and was 9 percent above that of January
accounted
for
7.2 percent of the total consumption of
1935.
all
textile
fibers,
according to data compiled by the
As a result of the slightly less-than-seasonal gain in
Textile
Economics
Bureau, Inc. The rayon percentage
cotton consumption and the contraseasonal recessions
of
the
total
has
increased
steadily since the commercial
in wool consumption and silk deliveries, the Federal
development
of
the
industry
began; in 1920, rayonReserve's seasonally adjusted index of textile producfiber
consumption
amounted
to
only 0.3 percent of
tion declined 5 points from December to January, that
total
volume
of
all
fiber
consumed.
is, to 106 percent of the 1923-25 average. Neverthe-
TEXTILE STATISTICS
Cotton,
raw
Year and month
ProducMill
tion incondex, adjustedi sumption
Monthly average,
1923-25=
100
1929: January...
1930: January...
1931: January...
1932: January...
1933: January...
1934:
January
December..
1935:
January
February...
March
April
May
June
July
August
SeptemberOctober
November..
December...
1936:
January...
Cotton manufactures
Cotton cloth,
finishing
Spindle activity, Plain
total bleached
Looms
Production
54,031
43, 627
33, 856
34, 253
35,510
82
62
48
52
59
69
55
52
53
56
63
50
28
25
36
91.4
84.9
73.7
63.3
53.4
57, 349
57, 683
55,910
58, 793
46, 204
4.998
4.630
2.807
1.953
1.305
255 1258
268
274
279
285
273
278
353
361
122, 869 99,901
128,898 107,379
86.5
84.3
35,968
57,065
65
71
50
65
32
26
84.3
74.0
1.453
1.358
7,302
8,001
145,390
137,335
148,710
144,429
130, 284
90, 496
89,164
94, 521
93, 013
110,885
102, 292
101,310
120, 203
117, 780
122,548
104,597
100,265
70,381
61,842
77, 913
86,948
97, 972
97,331
104,720
84.1
83.3
82.4
81.8
82.7
82.5
82.0
82.5
83.2
84.5
85.8
86.0
58, 370
51,616
65,006
62, 066
70, 617
80, 428
66, 648
74,781
80, 293
78, 727
72,993
73, 367
86
92
81
76
83
89
94
103
97
106
104
93
72
71
61
63
71
72
67
67
67
81
83
73
27
31
29
27
28
25
24
31
33
42
44
43
73.8
73.6
73.1
73.1
73.5
75.6
76.4
76.4
76.9
79.1
80.7
81.0
1.348
1.432
1.327
1.391
1.418
1.376
1.447
1.705
1.868
2.084
2.092
1.958
383
488
553
441
295
274
417
381
433
550
583
494
464
473
391
574
7,542
6,567
6,623
6,055
6,087
5,102
5,155
5,545
6,184
7,445
6,897
6,804
40.942
40, 941
47, 443
41, 732
44,347
39, 757
38, 361
33, 728
44.166
41,715
45,156
48.167
37, 012
35, 559
565
387
279
264
439
477
570
513
419
462
522
557
9,996
9,214
9,692
9,392
9,203
7,121
7,541
9,001
9,577
11,574
10, 293
8,918
7,7U
3 97, 600 3 101,000
80.4
73,908
95
63
48
81.4
38,995
1.950
477
487
9,227
8,176
6,365
6,213
6,791
508,021
417,344
6,973
6,014
102
100
105
104
106
113
106
111
550,553
480,339
482,373
468,402
470,412
383,982
390,712
408,410
449,126
552,187
507,836
498,329
106
591,309
' Adjusted for seasonal variations.
Wholesale
Conprice, sumpcotton tion 2
Wool- Worgoods
sted
Wholesale
Whole- Deliveries
sale
price,
woolen Deliv- price, from mills
raw,
and
to Japa- Unworsted eries
mills nese,
13- ad- AdNar- Wide goods
15 (New just- justYork)
ed ed i
Hosiery
100.4
94.7
73.5
55.8
50.1
668,286
576,160
450,117
434,726
470,182
103
100
Spinning
spindles
P&ayon
Thousands
of
pounds
Millions of
spindle'
hours
87
Silk
Wool manufactures
Monthly average,
1926=
100
Running
116
103
Print
goods
Wool
Thousands of
yards
3
Monthly average,
1926=
100
Percent of active hours
to total reported
Grease equivalent; see note on p. 58.
3
Estimated.
ThouBales Dollars
Daily
sands
of 133
per
average,
of dozpounds pound 1923-25 = 100
en
pairs
16
SUEVEY OF CURRENT BUSINESS
March 1936
Progress of the Aeronautics Industry
By M. Joseph Meehan, Editor, Survey of Current Business
the many vicissitudes experienced by of airline safety devices; the growth of protected airDESPITE
some of its branches, the aeronautics industry has lines; and the gradual reduction in travel costs. By
a depression record of substantial progress in many 1935 the number of passengers carried on scheduled airdirections. The impact of the declining phase of the transport lines had increased to 860,761 and the number
business cycle caught this young and vigorously grow- of passenger miles to 360,569,000. These figures include
passengers carried on both domestic lines and foreign
MILLIONS OF DOLLARS
lines
operating from the United States,
1 00
1
A \T0TAL
\v
1
Aircraft Manufacturing Expanded Rapidly.
While the first successful flight of a heavier-than-air
craft
took place in the early years of the century, it
\
remained for the war to give a real impetus to the devel/ \
opment of the aircraft industry. The conflict ended
60
I Alb CRAF~r&
P,4RT5
with the United States Government in possession of a
'
\
J
\
j
large surplus of planes and engines which were not used
\
40
/
for military purposes but which were subsequently
Y
/
, s
A
diverted to commercial use. As a result, production
/
\
/
-declined for a short period after the termination of hos\
20
E/VGINES 6. PARTS
'
tilities but, as indicated on chart 1, there was a sharp
A
S®
MI5CELIANE OU5
upward
trend in the manufacture of aircraft, engines,
I QUIf- WEN
<D
•
^ —
0
and parts from 1921 to 1929. In the latter year the
1931 1932 1933 1934 1935
1925
1927 1928 1929
1921
value of production was about 10 times that of 1921, if
MANL/FACTLIRES 0F COMPLETE AIRCfiAFT
© /NCLU DING ONLY ENGIA\IES M
SOURCE:- BUREAU OF AIR COMMERCE <£ BUREAU OF THE CENJU5. © ESTIMATED
DP. 9642
allowance is made for the incompleteness of the data
Chart 1.—Value of Production of Aircraft, Parts, and Equipment.
given on the chart for the earlier year. By 1932, the
value of production dropped to nearly one-third of the
ing industry at the peak of a wave of rapid expansion 1929 total, and 1933 brought only a very slight change.
and necessitated rather extensive readjustments to conTHOUSANDS OF AIRCRAFT
form to a period of more normal growth. Certain
7
major commerical activities—notably the miscellaneous
services, such as sightseeing, charter flying, student
A
6
TOTAL
instruction, photography, and aerial surveying—underwent a marked shrinkage after 1930 and, even with the
j
5
V
improvement experienced in the past 2 years, such oper\ \
\
ations are far below the peak levels reached 5 years ago.
4
The manufacture of planes and equipment also suffered
A
a sharp curtailment subsequent to 1929, but in 1934
3
this industry joined the general upward movement and
\
improvement is progressing with increasing momen2
cOMMEPCIA
\
—r
tum. The organized transport industry has, on the
\
other hand, a notable record of progress which was
ALL OTHER
—-©
uninterrupted even in the worst years of the depression.
*""
O
The tremendous growth of the transport industry,
1921 1923 1925 1926 1927 I92S 1929 1930 1931 1932 1933 1934 1935
which will be discussed in some detail later, is a devel© INCLUDES SOME REBUILT AIRCRAFT
<§£~ST/MATED
SOURCE:-BUREAU OF AIR COMMERCE &. BUREAU OF THE CENSUS
D.D864I
opment of the past decade. As late as 1926, only 5,782
1
Chart 2.—Production of Aircraft.
passengers were carried on scheduled airlines. In that
year active promotional steps of the Federal Govern- In the past 2 years the value of aeronautical products
ment started the transport industry on a period of manufactured has increased substantially.
rapid expansion. Widespread public acceptance of this
The figures shown on chart 1 for the years subsenew mode of transportation has been based on the quent to 1926 include the value of engines and parts
emergence from the research laboratories of larger, safer, produced by companies not classed by the Bureau of
faster, and more comfortable planes; the development the Census in the aircraft industry. Hence, the data
here given for the biennial census years are larger than
i Tnis figure and most others used in the article and in the charts are from the
the aircraft industry totals reported by the census.
records of the Bureau of Air Commerce, U. S. Department of Commerce.
11X
80
/
c
APE BY
AA
1
f
•
y
\
\
\ \\V
March 1936
SURVEY OF CUERENT BUSINESS
17
Out of the above-mentioned total value of products in Russia, and Germany. Shipments to these countries
1929, $69,400,000 (or 73 percent) was reported by the were unusually large in 1934.
Bureau of the Census as produced by the aircraft
Though aeronautical products were shipped to 73
industry.
different countries in 1935, about 60 percent of the
Military Orders Main Support of Industry During Depression. total went to the 7 countries taking products with a
During the period of severe curtailment in manu- value of more than half a million dollars each These
facturing activity, military orders were the major countries, in the order of size of shipments, were as
source of support for aircraft and engine manufacturers. follows: China, Netherlands, Russia, Japan, Brazil,
The problem of readjustment to a more restricted mar- Italy, and Mexico. The shipments, by countries, vary
ket was accentuated by the excess production of 1929, considerably from year to year. Three countries—
which necessitated a period of inventory liquidation. Peru, Colombia, and Germany—each purchased more
For some companies it was necessary also to curtail than a million dollars' worth of equipment in 1934, but
extensive subsidiary operations, such as flying fields in 1935 their combined purchases were valued at less
and training services. These readjustments by the than a million dollars.
major companies were largely accomplished by 1932. Progress of the Transport Industry.
The industry was slow to respond to the recovery
The record volume of passenger, mail, and express
influences set in motion in 1933, since the Government
business
in 1935 was just another milestone in the
economy program initiated early in that year resulted
upward
trend
of transport activity established with the
in a curtailment of the funds available for military
inception
of
the
air-transport industry 10 years ago.
expenditures. The influence of the economy program
In
1926,
under
the
provisions of the Kelly law, the
was also felt to some extent in 1934. However, in
carrying
of
the
air
mail
was transferred from the Post
that year the volume of commercial business expanded
Office
Department
to
private
carriers through the
considerably and for the first time since 1929 exceeded
awarding
of
mail
contracts.
This
gave the initial
in value the military business. In 1935, an extensive
impetus
to
the
establishment
and
extension
of private
program of development of the air defense forces was
mail
and
passenger
lines,
and
the
carrying
of
mail has
laid out which will mean a very substantial increase
been
the
main
source
of
revenue
in
every
year
since
in the volume of production for military use.
1926.
Commercial planes delivered during the past 3 years
In the same year that private contractors took over
have averaged much higher in price than in the period
1925 to 1932 because of the relatively large number of the carrying of the air mail, the Aeronautics Branch of
heavy transport planes produced in the later period. the Department of Commerce (now the Bureau of Air
This type made up three-fourths of the nonmilitary Commerce) was created to undertake the establishbusiness in 1934 and a similar high percentage in 1935. ment and maintenance of the airways of the Nation.
Such planes have been increasing in size and carrying Starting with a nucleus of 2,041 miles of lighted aircapacity and have required more powerful and hence ways (that portion of the transcontinental route from
higher priced engines. The trend in the size and New York to Salt Lake City), the Department has
motive power of military planes produced has also built up a system of lighted and radio-equipped airways approximately 22,000 miles in length.
been in the same direction.
Revival of the demand for the smaller commercial Air-mail revenues cut since 1933.
and pleasure craft will naturally tend to lower the
The income from the mail business increased from
average unit price of planes produced, notwithstanding the probable utilization of larger and more power- $765,549 in 1926 to $26,884,000 in 1931. During this
period the amount of mail handled rose from 377,206
ful ships for transport and military use.
to 9,643,211 pounds. In recent years the income from
Export Sales.
this source has been drastically curtailed, first, by the
The export market has accounted for a larger pro- drop in the average volume of mail carried in the 3
portion of the business of domestic producers of aero- years 1932, 1933, and 1934, and, second, by the change
nautical products during the depression than in the in the rate of payments by the Government under the
earlier years of development. Exports of such prod- new mail contracts awarded in 1934.
Existing domestic air-mail contracts were annulled
ucts were relatively small until 1929, when shipments
increased to $9,126,000, a gain of 149 percent over the by the Post Office Department in February 1934 and
preceding year. In 1930 and 1931, exports dropped for a short time the mail was carried in Army planes.
rapidly, but the expansion in the 3 years 1932, 1933, In the following May new contracts were let. For the
and 1934 carried the total to a peak of $17,548,000 in entire year the payments for domestic mail service
the latter year. In 1935, the value fell to $14,331,000, were cut approximately in half, from $16,467,000 in
mainly by reason of the drop in exports to China, 1933 to $8,804,000 in 1934, the latter figure including
49736—36
18
SURVEY OF CURRENT BUSINESS
March 1936
payments of $2,249,000 to the War Department for poundage was 46 percent as large as the mail poundmail service from February 20 to March 16, 1934. age. In 1930, the ratio of express to mail carried was
Notwithstanding these developments, the poundage of about 1 to 20.
air mail in 1934 was slightly larger than in 1933. During 1935, the volume of air mail carried under the new
THOUSANDS MILES OF AIRWAYS IN
rates nearly doubled and thus established a new record,
OPERATION
OF MILES
exceeding by more than 40 percent the previous high
80
mark set in 1931. The revenues derived from carrying
60
mail in 1935, however, were not as large as those
collected in 1931, 1932, and 1933.
40
Coincident with the decline in mail revenues, the
receipts from passenger business gradually assumed
more importance. Passenger traffic has increased in
every year since 1926, although there was a drop in the
0
number of passengers carried in one year, namely
MILLIONS
1934, when commercial services were adversely influM I LES FLOWN
F MILES
enced for a few months while air-mail contracts were
60
being adjusted. Even in that year, however, the
passenger-miles flown increased.
40
Aside from the factors of increased safety, speed,
comfort, and convenience of schedules, the main impetus to travel by air has been given by the downward
20
trend of fares. As passenger business increased, because of numbers carried and greater lengths of indi0
vidual trips, the rates of fare have been reduced with
a resultant improvement in the competitive status of
PASSENGERS CARRIED
the industry. The average fare fluctuated between
800
10.6 and 12 cents a mile from 1926 to 1929, but since
the latter year the fare has gradually been reduced to
600
less than 6 cents a mile. This trend has been accompanied by increased efficiency of operations on the
400
part of the companies, particularly through the in200
creased utilization of the available passenger space.
In 1935, the percentage of all seats used on planes
O I •=»
flying on domestic lines was 54.83 percent, compared
PASSENGER-MILES
CENTS
MILLIONS
with 51.82 percent in 1934 and 42.34 in 1932.
FLOWN
PER MILE
OF MILES
Notwithstanding the general acceptance by the
400
16
traveling public of this newest mode of travel, the
passenger traffic on the air lines is still but a small
fraction of the rail traffic. In 1935, the passengermiles flown on domestic airlines (313,905,508) was
equivalent to less than 2 percent of the railroad pas100
senger-miles, although the percentage of traffic carried
between some of the principal cities is much higher
than this average.
MILLIONS
The third principal source of revenue of the airE X P R E S S CARRIED
OF POUNDS
transport companies is the express business. Receipts
from this source are still considerably less than those
derived from either the mail or the passenger business.
The express business has developed more slowly, but
during the past 5 years, as the transport planes increased in size, the volume of domestic express business increased tenfold. In 1935, the volume of express
carried on domestic lines was 80 percent larger than in
1934.
1926 1927 1928 1929 1930 1931 1932 19331)934 1935
While the growth of the express business may be
mmam
DOMESTIC
\
i FOREIGN
noted from chart 3, the significance of the present
•QDAT/I FOR FOREIGN 1/A/E5 A/OT YET A VAJIABLE.
volume of such traffic may perhaps be realized more
D.D.8640
SOURCE:- BUREAU of AIR COMMERCE.
http://fraser.stlouisfed.org/
readily when it is stated that in 1935 the express
Chart 3. Growth of Scheduled Air Transport Operations, 1926-1935.
Federal Reserve Bank of St. Louis
• •
•
March 1936
19
SURVEY OF CURRENT BUSINESS
RATES CHARGED CUSTOMERS BY BANKS IN PRINCIPAL CITIES
1
[Weighted averages of prevailing rates]
1919
1920
1921
1922
1923
1924
1925
1926
1927
1928
1929
1930
1931
1932
1933
1934
1935
Month
NEW YORK CITY
January
February
March
April
May
June
July
August
September
October
November
December
5.54
5.36
5.46
5.56
5.43
5.45
5.49
5.49
5.49
5.63
5.56
5.61
5.93
6.00
6.00
6.09
6.00
6.00
6.43
6.36
6.57
6.57
6.71
6.36
6.71
6.78
6.70
6.64
6.68
6.43
6.21
6.25
6.11
5.93
5.96
5.68
5.50
5.48
5.43
5.46
5.06
4.93
5.16
4.66
4.70
4.74
4.82
4.86
4.82
4.91
4.98
5.32
5.27
5.21
5.29
5.18
5.33
5.37
5.39
5.21
5.21
5.07
5.06
4.98
4.89
4.64
4.21
4.09
4.20
4.41
4.13
4.29
4.16
4.43
4.53
4.48
4.38
4.36
4.46
4.36
4.57
4.62
4.61
4.70
4.64
4.68
4.62
4.62
4.66
4.58
4.38
4.62
4.81
4.85
4.79
4.79
4.66
4.56
4.56
4.63
4.63
4.60
4.56
4.41
4.44
4.49
4.35
4.50
4.56
4.44
4.59
4.72
4.97
5.09
5.38
5.56
5.63
5.63
5.56
5.63
5.74
5.73
5.81
5.85
5.88
5.93
5.88
6.05
6.06
6.08
5.86
5.74
5.64
5.35
5.22
4.91
4.74
4.59
4.48
4.41
4.29
4.26
4.17
4.16
4.24
4.31
4.20
4.17
4.11
4.13
4.05
3.97
3.93
4.27
4.67
4.64
4.71
4.71
4.72
4.69
4.55
4.61
4.42
4.45
4.30
4.35
4.12
4.22
4.12
4.11
4.88
4.33
4.24
4.10
3.93
3.97
3.79
3.76
3.52
3.48
3.58
3.43
3.31
3.39
3.42
3.30
3.30
3.33
3.26
3.28
3.22
3.18
2.83
2.90
2.64
2.61
2.69
2.66
2.61
2.67
2.72
2.72
2.77
2.61
Monthly averaj
5.51
6.25
6.34
5.07
5.19
4.60
4.47
4.67
4.53
5.15
5.88
4.69
4.22
4.49
4.02
3.33
2.70
EIGHT OTHER NORTHERN AND EASTERN CITIES
..
5.79
5.67
5.66
5.72
5.59
5.70
5.75
5.75
5.76
5.76
5.77
5.86
5.99
6.15
6.32
6.68
6.79
6.98
7.01
7.01
6.98
7.00
7.00
6.97
6.99
6.95
6.94
6.99
6.94
6.97
6.93
6.59
6.62
6.65
6.32
6.19
6.08
5.89
5.77
5.46
5.43
5.43
5.31
5.27
5.12
5.20
5.38
5.44
5.34
5.38
5.52
5.49
5.54
5.45
5.47
5.64
5.59
5.57
5.51
5.48
5.53
5.38
5.37
5.31
5.26
5.12
5.09
4.80
4.87
4.87
4.80
4.87
4.80
4.79
4.89
4.92
4.95
4.95
4.90
4.98
5.04
5.16
5.20
5.17
5.14
5.11
5.15
5.17
5.07
4.87
4.92
4.91
5.08
5.15
5.07
5.09
4.99
4.98
4.88
4.90
4.95
4.93
4.90
4.87
4.77
4.79
4.82
4.76
4.73
4.76
4.81
4.91
5.04
5.36
5.57
5.59
5.80
5.80
5.82
5.91
5.87
5.86
5.91
6.00
6.09
6.02
6.08
6.11
6.24
6.25
6.12
5.94
5.88
5.66
5.47
5.22
5.13
5.06
4.81
4.79
4.74
4.75
4.66
4.68
4.61
4.63
4.62
4.57
4.55
4.49
4.48
4.47
4.48
4.62
4.87
4.91
5.07
5.13
5.14
5.10
5.14
5.13
5.05
5.12
5.03
4.96
4.88
4.88
4.89
4.84
5.39
5.09
4.99
4.97
4.82
4.68
4.65
4.51
4.54
4.59
4.65
4.49
4.52
4.52
4.39
4.30
4.15
4.12
4.11
4.13
4.08
3.98
4.08
4.02
4.05
3.99
3.88
3.78
3.87
3.79
3.75
3.75
3.63
3.67
Monthly average.
5.73
6.74
6.76
5.48
5.50
5.11
4.98
5.06
4.88
5.34
6.04
5.07
4.61
5.05
4.83
4.29
3.86
January
February
March
April
May
_.
June
July...
August
September
October
November
December
TWENTY-SEVEN SOUTHERN AND WESTERN CITIES
January
February
March
April
May
June
July
August
September
October
November
December
6.11
6.03
6.02
6.01
6.00
5.91
5.98
5.94
5.93
5.96
5.95
6.10
6.16
6.26
6.43
6.47
6.56
6.88
7.00
6.99
7.07
7.04
7.08
7.07
7.10
7.11
7.13
7.09
7.06
7.05
7.04
7.03
6.96
6.85
6.74
6.67
6.56
6.46
6.35
6.22
6.23
6.13
6.04
6.02
5.94
5.89
5.94
5.90
5.90
5.91
5.83
5.94
5.92
5.91
5.96
5.98
5.94
5.95
5.99
5.99
6.02
5.91
5.89
5.89
5.79
5.69
5.63
5.57
5.55
5.47
5.53
5.53
5.57
5.55
5.61
5.61
5.58
5.59
5.59
5.60
5.55
5.53
5.55
5.61
5.56
5.65
5.62
5.65
5.61
5.55
5.54
5.56
5.60
5.66
5.67
5.68
5.72
5.71
5.65
5.57
5.59
5.54
5.52
5.53
5.61
5.56
5.56
5.60
5.53
5.53
5.54
5.54
5.56
5.67
5.77
5.80
5.82
5.87
5.90
5.91
5.94
5.96
6.04
6.07
6.10
6.16
6.17
6.22
6.27
6.29
6.29
6.20
6.12
6.05
5.98
5.86
5.75
5.69
5.63
5.58
5.55
5,54
6.50
5.43
5.50
5.43
5.40
5.36
5.26
5.34
5.30
5.28
5.32
5.38
5.53
5.56
5.61
5.61
5.64
5.63
5.64
5.62
5.63
5.68
5.63
5.56
5.55
5.60
5.60
5.56
5.66
5.68
5.66
5.62
6.54
5.53
5.55
5.50
5.42
5.43
5.40
5.39
5.40
5.34
6.28
5.19
5.07
5.05
5.04
5.05
4.93
4.92
4.95
4.84
4.85
4.80
4.79
4.76
4.58
4.63
4.51
4.55
4.51
4.55
Monthly average.
6.00
6.75
6.99
6.14
5.94
5.71
5.58
5.61
5.60
5.70
6.14
5.72
5.39
5.62
5.56
5.17
4.69
i Computed by the Board of Governors of the Federal Reserve System, and represent rates charged by reporting banks to their own customers as distinguished
f rom open market rates. All averages are based on rates reported for 3 types of customer loans—commercial loans, and demand and time loans on securities. The method
of computing the averages takes into account (a) the relative importance of each of these 3 types of loans and (b) the relative importance of each reporting bank, as measured
by total loans. In the 2 group averages the average rate for each city included is weighted according to the importance of that city in the group, as measured by the
I oans of all banks.
1
BROKERS' LOANS
[Millions of dollars]
By reporting member banks in New York City
Month
January
February...
March
April
May
June
July
August
September..
October
November..
December..
Monthly average.
1929
1930
1931
1932
1933
1934 1935
1,589
1,428
1,385
1,073
1,611
1,622
1,373
1,455
2,306
985
1,416
1,202
1,409
2,163
2,339
2,339
2,127
2,189
2,175
2,264
1,801
1,464
1,396
1,269
1,373
1,498
1,359
1,212
1,139
1,048
1,036
885
564
559
388
391
428
394
322
261
251
263
346
287
282
340
384
340
292
443
564
703
815
821
752
694
662
791
832
794
833
923
863
959
833
743
686
710
676
757
718
740
741
881
864
921
825
778
846
779
850
2 1,477
1,906
1,035
329
605
801
827
By reporting member banks outside New York City
1929
1930
1931
1932
1933
1934
1935
862
859
815
808
795
785
778
863
913
715
739
632
583
606
631
676
708
666
650
667
668
618
614
533
517
504
514
489
479
474
468
463
399
386
375
341
323
318
305
283
283
270
256
254
239
232
239
227
237
205
208
181
162
168
166
171
178
168
152
149
155
162
178
165
186
170
177
154
159
161
176
173
172
176
192
176
183
170
160
169
152
173
183
2 812
643
467
279
185
166
173
i Compiled by the Board of Governors of the Federal Reserve System and represent a revision of the data on this subject shown in previous years in the Survey of Current
Business. These data were published in weekly form beginning Feb. 6,1929, on p. 825, of the December 1934 and p. 726 of the November 1935 issues of the Federal Reserve
Bulletin. Thefiguresas now shown differ from the previous data in that they do not include loans to brokers and dealers for account of nonreporting banks, and for account
of others. Figures for such loans will be published monthly in the Federal Reserve Bulletin.
* 11-month average.
20
SURVEY OF CURRENT BUSINESS
March 1936
TOTAL VOLUME OF TRADING IN ALL WHEAT AND CORN FUTURES l
[Thousands of bushels]
1921
1923
1933
1924
1925
|
1926
1927
1928
1929
1930
!
1931
1932
1933
1934
1935
346,706
369,568
433,000
705,664
634,717
737,081
676,592
646,567
519,339
925,303
478,785
864, 311
653, 726 518,173 518,862 479,061
770,036 364,769 382, 582 280,137
858, 535 550, 600 372,829 432,638
127, 213 1,547, 710 631, 777 733, 425
787, " 1,483, 30: 043,805 637, 996
839,
,863,554 1 083,
651, 755
591,644 2,000,l, 186 1089,360 1,157,598
819,670 272,591 917,282
213,748 '
830, 542 802,381 604, 999 901,531
713, 638 988,636 758,095 1, 074, 776
724, 863 917,185 614,323 626,949
487,747 529,348 542,123 569, 673
Month
WHEAT
January
February._.
March
April
May
June
July
-August
September
October
November
December
978,344
969,920 1
1,029,752
1,365,308 1
1,153,710
1, 295,104
1,093,132
1, 070, 750
1,428,962
1,349,965
1,289, 238
1,127, 751
Total
Monthly average.
14,151,936 12,701.922 10,078,513 11,223.017 20,628,785 15,536,261 10,858,465 10,947,471 18,770,598 14,737,859 8, 337, 633 9, 598, 775
12,385,519 8,915,344 8,462, 821
913,713 951,193
493,947 814,094
656,148 726,598
173,522 1, 199,883
971, 324 1 065, 717
087,189 1, 062,329
859, 524 806,258
978,047 784,196
838,398 678,477
812,456 784,669
864,983 676, 795
052, 671 528, 304
1,179,328 1,058,494
839, 876
372,526jl, 908,039:1, 455,699
417,39711, 780, 769! l]
284,398
593,499 2. 273,12411, 864, 396
450,91611, 482, 23111,397,092
373, 738 1, 507, 950! 1,221, 904
850,135 1, 759,046 1,203,900
1, 332,893 1, 459,988J1, 437,934
1,300,002 1,560, 407 1, 226, 243
1,068, 406 474, 886 1 155, 528
1 ,595, 688 572, 648 1 089,629
1, 339, 778 500, 362 1 227,061
1,528,039 2, 349, 33' 972,477
935,251 1,719,065 1,294,688
704,1781 384,203 1,084,682 1 334,444j
580,648 507,925 892,596 483, 668
919,793 922, 726 1,082,838 201,519
846,133 590,458 1,361,610 1,500, 709J
260,385 471,075 252, 770 1 003,694!
163,931 941,234 390, 688 1,377,422
017,662 996, 026 2,888,715 i 305,951
1 144,500 1, 133,390 2,
264,521 530,914
923,046 818,098 400,664 1 216,090
917,756 915,667 738,328 1,160,044
837,630 749,635 804,880 094,148
542, 803 517,034 608, 306 529, 256
904,872
912, 289 1, 564, 2161,228,155! 694,803
799,898 1,032,127
742,945
705, 235
118, 659
156,484
142,079
203,929
109, 510
101, 501
97,923
178,110
121,817
105,929
144,820
98,934
119, 707
70,145
73,833
224,326
257,935
381, 215
440,099
601, 623
242,789
296,216
378,166
331,958
255,041
161,519
227,792
329,843
240,347
219, 502
192,253
185,330
136,306
197,332
119,961
100, 377
CORN
January
February
March
April
May
June
July
August
September
October.
November
December
Total
722,858
676,813
679, 052
709,588
670, 394
716, 353
538, 555
443, 239
360,212
277,519
291,453
278,473
-.
-.
171,778
534,192
575, 679
299,337
290, 598
401, 734
358,485
414, 720
375,588
494,478
456, 827
466,033
one i
410, 720
298, 678
541,917
548,901
416, 625
326,406
280, 695
305,956
444,577
394, 517
284,884
457,145
337, 730
441,631
323, 270
287,875
426, 225
565,184
740,107
694,881
677, 665
557, 304
706,562
709,377j
677, 274!
810, 362
669,751|
510, 347
565,855
462,734
394,331
441,945
335,161
317, 253
514, 258
302, 297
236,083
316,906
291,590
237,152
342,491
448, 305
438,929
367, 625
340,191
383, 247
394, 929
261,079
287, 881
428,858
312,646
692,490
921,473
575,266
712,669
835, 732
587, 568
472,862
681, 076
510, 743
698,043
732,790
745,222
699, 564
566, 913
553,603
615,609
371,817
466,952
457,429
419,906
689,843
372,926
415, 705
466,393
525, 642
475, 255
519,631
452, 684
296, 088
268,954
260, 606
199,377
195, 651
251, 582
328,412
282,911
289,814
322,175
498, 553
611,003
432, 707
461,148
417,918
649,411
600,149
473, 687
370, 000
379, 915
345,877
264,755
380, 768
372, 548
237, 727
245, 687
360,917
209, 040
74,110
50,334
86, 723
290,903
544,065
630, 822
815,574
288,094
202,078
359,147
309, 934
212,278
6,364, 509 4,839,449 4, 649, 065 6,215, 579 6,408,648 4, 099,745 6, 769, 600 6,838,591 4,943,104 4, 741,285 4,241,070
1, 579, 695 3,864, 062 3,418, 012 2, 365, 603
Monthly average.
530, 376 403, 287 387,422
517,965
534,054
341, 645 564,133
569,883
411,925
395,107! 353, 423
131,641
322,005
284,834
197,134
1 Compiled by the 17. &. Department of Agriculture, Grain Futures Administration, from reports furnished since July 10,1923, by the clearing members and clearing associations of the exchanges. For wheat futures, reports are received from the Chicago Board of Trade, Chicago Open Board, and the Minneapolis, Kansas City, Duluth,
St. Louis, Milwaukee, New York, Seattle, and Portland exchanges. For corn futures reports are received from the Chicago Board of Trade, the Chicago Open Board, and
the Minneapolis, Kansas City, St. Louis, and Milwaukee exchanges. For the period January 3,1921, to_April 30,1923, internal-revenue reports were virtually the only source
of information on the volume of trading in corn and wheat futures? (on the Chicago Board of Trade. Between May 1, 1923, and July 9, 1923, these reports were utilized in
conjunction with reports made to the Grain Futures Administration.
TYPES OF NEW SECURITIES REGISTERED WITH THE SECURITIES AND EXCHANGE
COMMISSION x
[Data include only those registrations which are fully effective.
Number of issues
Month
Ssntember
October
November
December
Total
Common Preferred
stock
stock
1934
-
11
6
26
13
22
16
32
26
-~
Total
Monthly average—
- - -
April
May
June
-
July
August
SeDtember
October
N ovem b er
December
Total
Monthlv average
- - -
-
- -
-
2
1
2
4
5
3
3
3
2
1
1
Total
36,004
29, 567
34, 547
40,241
Common Preferred
stock
stock
25, 579
3,436
4,537
7, 608
746
2,500
300
1,632
DebenCertifiand
Secured cates of tures
bonds participa- shortterm
tion, etc.
notes
854
9,600
18, 237
7,337
2,578
10,250
12,759
2,342
20, 200
9,860
5
96
56
13
5
15
7
140,359
41,160
5,178
28,691
32,924
32,407
2 14
2 3
2 1
24
22
2 35,090
2 10,290
2 1, 295
2 7,173
2 8, 231
2 8,102
9
5
2
4
11,044
36, 843
130,016
154, 597
140, 208
192, 631
530,475
254,062
319, 874
406,087
289, 772
212,085
5,742
83
10,744
37, 235
27, 690
35, 247
77,428
24,986
62,151
25,425
55, 309
41,286
1.367
2,380
768
32,316
2,034
4,514
25, 550
24, 547
16, 714
31,047
7,080
20, 873
875
96, 675
74, 763
81, 229
123, 382
352,253
102,181
157, 026
182, 357
194,093
89,930
18
10
27
30
33
39 1
52 !
50
42
65
56
57
4
4
5
3
1
16
5
22
18
19
15
25
27
28
5
11
8
6
1
5
3
7
6
14
8
8
15
13
10
479
207
70
90
61
51
2, 677, 693
403,327
40
17
6
8
5
4
223,141
33,611
1
-
DebenCertifiand
Secured cates of tures
bonds participa- shortterm
tion, etc.
notes
2 24
1935
Tfvniiarv
FGforii&rv
4
1
1
7
Estimated gross proceeds (thousands of dollars)
9
13
13
1
9
12
5
6
5
7
4
4
4
8
6
3
11
4
6
3,935
32, 505
21, 828
2,767
205
1,000
25, 961
11, 503
6,235
83, 700
1,505
4,777
7,515
29,050
29, 488
49, 284
90,846
77, 749
83, 558
31, 786
55, 219
169,190 1, 454,762
194, 921
455, 493
121,230
16, 243
37,958
14, 099
i Compiled by the Securities and Exchange Commission and represents the volume of new securities covered by registration statements that have become fully effective,
i. e., approved by the Commission. The figures include those registrations which have been made effective under notice of deficiencies and effective under notice of hearings. They do not include data on registration statements filed and not yet effective whether because of stop or refusal orders, withdrawals, or because examination had
not yet been completed.
The data are based solely on the registration statements as filed by the registrants with the Securities and Exchange Commission. All data refer to registrants' intentions
as of the date of filing or of later amendments. Thus, they represent statistics of intentions to sell securities rather than the actual sales of securities. The filing of the
registration certificates was made mandatory under the provisions of the Securities Act of 1933.
Monthly data are available only from September 1934 to date. Prior to Sept. 1, 1934, the Securities Act of 1933 was administered by the Federal Trade Commission.
Up to that date the Federal Trade Commission had permitted 794 statements, representing a total of $1,164,135,600 in securities of various kinds, to become effective.
Additional details are given in the monthly reports of the Securities and Exchange Commission, including a break-down by industries and the indicated
jise'of the proceeds.
a Average of months shown.
21
SURVEY OF CURRENT BUSINESS
March 1936
WEEKLY BUSINESS INDICATORS'
[Weekly average, 1923-25=100]
1936
1934
Feb. Feb. j Feb. Feb. Feb. M a r . Feb. M a r . F e b .
2
23
3
24
29
22 1 15
8
1
Feb. I Feb. Feb. Feb. Feb.
29
22
15
8
1
Business activity:
New York Times*..
Business Week* Tf
Commodity prices, wholesale:
Dept. of Labor, 1926=100:
Combined index (784)
Farm products (67)
Food (122)
Allother (595^
Fisher's Index, 1926=100:
Combined index (120)
Copper, electrolytic^
Cotton, middling, spot
Construction contracts J
Distribution: Carloadings
94.2 94.1 94.7 93.9 94.!
67.1 68.51
70.7
•Computed normal=100.
79.' 79.6 73.6 73.4
80.0 79.9 62.0 61.2
82.5 83.2 67.5 67.0
78.6 78.7
77.6
80.6
79.
84.0
79.0
83.3
65.2
41.5
39.3
70.2
83.4 83.5 84.0 82.0 82.2 74.4
65.2 65.2 65.2 63.8 63.8 56.5
43.4 43.0 42.6 46.3 46.7 46.0
20.0 27.1
31.1
43.4 24.
64.9 63.0 57.7 63.2
65.
64.'
Employment: Detroit, factory- 100.0
Finance:
Failures, commercial
Security prices:
Bond privest
Stock pricesj
80.5
79.5
83.2
79.1
80.8
78.4 81.
82.2 84.3
79.1 79.0
83.8
65.2
42.3
48.9
61.2
80.4
79.4
82.9
79.1
46.2 51. (
74.2
56.5
45.6
16.5
60.0
99.1
103.8 109. 5
101.1
Finance— C ontinued.
Banking:
Debits outside N. Y. C.J___
Federal Reserve reporting
member banks:§
Loans, total
Interest rates:
Call loansj
._
Time loans j
Money in circulation J
Production:
Automobiles
Bituminois coalj
Cotton, consumption.
Electric powerf
Lumber
Petroleum.._
Steel ingots
Receipts, primary markets:
Cattle and calves
Hogs
Cotton
Wheat
85.6 87.3 82.0 83.5
62.3 62.6 63.7
51.4| 54.1 55.0 70.0 62.2 62.7
114.7 114.91114.4 113.5 113.1 108.0 108.8 102.2 103.0
122.6 124. 2J123.8 123.1|121. 2 .86.3 88.6 94.1 97.5
^Latest week is preliminary.
fWeekly average, 1928-30=100.
JDaily average.
94.0
S.5\ 77.2 82.3 78.0 73.7 69.1
18.7 81.2
63.7 63.9
4.0
63.8 64.0 64.5 64.1
70.9
18.2 18.2 18.2 18.2 18.2 24.2 24.2 24.2 24.2
22.9 22.9 22.9 22.9 22.9 20.1 20.1 22.9 22.9
119. 6 119. 2 118. 9 118. 5 117. 6 112. 5 112.3 110.6 110.1
85.1
98.2
96.0
114.2
45.3
133.2
72.4
82.3
98.2
96.9
116.6
40.6
133.4
71.1
97.9
102. 5
100.1
117.0
41.3
133.2
19. 7
62.1
37.4
52.7
21.9
69.1
48.2
49.2
11.3
59.6
36.4
49.6
13.2
#
91.6 112.4
87.1
99.2
117.2 117.8
45.5 48.5
132. 7 135. 2
19.7 67.1
67.8
45.6
58.5
18.9
110. 0
87.1
36.1
104.1
36.1
118.8
64.5
108.2 91.1
83.6 82.0
35.2 35.6
103.7 .99.5
35.2 35.6
121.7 104.8
65.8 61.8
82.1
33.6
33.6
106.9
59.2
65.3 64.8 68.9 75.9
38.7 43.4 62.3 8L0
36.5
41.9 50.4
25.7 2.08
17.0
71.1
47.6
66.2
21.0
Data do not cover calendar weeks in all cases.
WEEKLY BUSINESS STATISTICS*
1936
1935
Feb. 29
Feb. 22
Feb. 15
Feb. I
Feb. 1
Jan. 25
0.090
.113
2.67
33.59
1.13
0.090
.115
2.75
23.54
1.11
0.090
.118
2.68
33.45
1.07
0.090
.117
2.67
33.44
1.10
0.090
.116
2.67
33.40
1.11
0.090
.119
2.66
33.38
1.11
3, 645
4,331
3,862
4, 114
3,111
3,139
4,495
4,102
3,587
3,584
2,475
2,505
5
2, 508
5
8
2,489
5
10
2,430
5,839
3,060
2,430
5,832
3,040
2,430
5,784
3,000
2,430
5,869
3,090
14,090
4,900
13,047
8,690
14,112
4,889
13,109
8,726
14, 061
4,889
13,087
8,717
1,201
7,959
3,117
4,842
.75
1.00
1,197
7,991
3,144
4,847
.75
1.00
6.677
4.99
188
5,806
Mar. 2
1934
1933
Feb. 23
Mar. 3
Feb. 24
Mar. 4
0.088
.126
2.70
32.42
1.01
0.088
.127
2.75
32.50
0.078
.125
2.15
31.36
.82
0.078
.124
2.14
31.34
.84
0.048
.064
1.49
27.90
.44
4,075
3,974
3,010
3,179
3,459
3,618
2,984
2,852
3,669
3,204
4,311
3,332
2,470
5
7
2,430
5,863
3,090
2,477
5
6
2,430
5,802
3,030
2,450
6
6
2,430
4,588
2,201
2,448
6
6
2,567
62
64
2,430
4,645
2,272
2,432
3,093
1,146
2,592
75
66
2,432
2,830
891
2,936
384
712
1,836
2,038
272
13, 991
4,892
13, 046
8,701
14,017
13,836
4, 892
12, 896
8,651
11, 793
4,878
11, 520
7,791
11,654
4,874
11,471
7,795
11,949
4,843
9,785
6,691
11, 793
4,846
9,721
6,648
11,605
5,228
8,196
4,908
1,197
7,995
3,130
4,858
.75
1.00
1,179
7,977
3,126
4,851
.75
1.00
1,172
7,999
3,128
4,871
.75
1.00
1,162
8,073
3,167
4, 906
731
8,061
3,105
4,956
1.00
710
8,015
3,096
4,919
1.00
8,697
3,715
4,982
1.00
1.00
8,861
3,827
5,034
1.00
1.00
9,627
4,234
5,393
1.80
2.60
6.676
4.99
210
5,786
6.677
5.00
194
5,775
6.692
5.02
209
5,755
6.671
5.00
220
5,713
6.620
4.97
252
5,716
6.639
4.84
224
5,465
6.612
4.88
285
5,452
6.570
5.07
253
5,370
6.538
5.09
255
5,345
3.947
3.43
556
6,805
79, 580
102. 74
12, 261
119.08
105.5
101.2
101.3
50.1
92, 610
102. 91
19, 302
120. 64
107.6
123.0
106.2
51.1
85, 690
102. 40
12, 719
120. 27
107.6
122.2
106.2
49.2
101, 980
101.61
14, 829
119. 53
105.9
120.6
103.4
48.1
109,080
101. 31
16,083
117. 68
104.1
118.4
101.9
47.2
102,120
101.07
12, 419
115.63
101.5
115.9
98.7
44.9
71, 720
96.67
4,115
83.79
67.2
79.3
54.3
30.8
67, 210
97.39
5,218
86.09
68.7
81.6
53.3
32.5
70, 300
91.55
8,303
92.02
78.0
86.1
76.9
47.5
63,700
92.20
8,978
94.72
82.1
90.5
80.8
51.4
69,800
74.48
5,365
48.89
40.9
38.7
66.8
23.9
64,956
1,673
1.903
2,775
55
6,305
62, 813
1,673
1,942
2,779
54
7,854
74, 720
1,746
1,950
2,774
53
4,996
69, 876
1,683
1.952
2,764
52
85, 790
1,483
1,963
2,816
51
6,974
86, 455
1,378
1, 956
2,821
51
9,227
83,899
1,484
1,734
2,474
49
3,945
82, 541
1,423
1,728
2,536
50
3,227
69,510
1,399
1,658
2,183
47
4,347
65,847
1,388
1,646
2,226
45
2,657
33, 217
905
1,423
2,148
17
673,123
185, 466
29, 866
36, 677
10, 573
157, 947
5,874
246, 720
586, 712
185,817
24,393
27,144
10,117
131,805
6,046
201, 390
631, 347
203,820
26, 469
28,109
9,975
144, 290
5, 615
213, 069
622,097
199,196
24,916
28, 544
10, 431
147, 360
5,377
206, 273
621,839
186, 079
28, 638
30, 575
11, 795
148,690
5,383
210, 679
584,691
157, 222
28, 306
29,140
12, 534
144,181
5,282
208, 026
604,331
147, 085
26, 010
29,125
12, 731
159, 708
4,191
225, 481
553,165
134, 277
25, 854
26,109
11,238
142,018
4,016
209, 653
605, 717
169,767
21,576
29,107
14, 031
162, 459
2,646
206,131
574,908
166,338
22, 592
27, 460
15, 292
144, 205
3,181
195,840
481,208
98, 789
15, 362
27, 973
14,038
162, 269
1,368
161,409
196
243
137
1,740
218
313
128
901
188
236
129
1,052
214
296
152
1,503
225
309
172
236
336
220
2,196
206
251
95
1,356
205
282
103
763
218
405
109
2,046
240
525
131
2,228
175
398
157
3,536
COMMODITY PRICES, WHOLESALE
Copper, electrolytic, New York
Cotton, Middling, spot New York
Food index (Bradstreet's)
Iron and steel composite
W h e a t , No. 2 H a r d Winter (K. C.)
dol. per l b .
dol. per l b .
. . d o l . per l b .
dol. per t o n .
dol. per b u .
FINANCE
Banking:
Debits, New York City
mills, of dol.
Debits, outside of New York C i t y . . . m i l l s , of doL
Federal Reserve b a n k s :
Reserve bank, credit, total
mills, of dol.
Bills bought
_
mills, of dol.
Bills discounted
.mills, of dol.
U. S. Government securities
mills, of dol.
M e m b e r b a n k reserve balances
mills, of doL
Excess reserves, estimated
mills, of doL
Federal Reserve reporting member banks:§
Deposits, net demand, adjusted
mills, of d o l .
Deposits, time
mills, of dol.
Investments, total
mills, of dol.
U. S. Gov. direct obligations
mills, of doL
Obligations fully guaranteed b y U. S. Government
_
mills, of dol.
Loans, total
mills, of doL
On securities
mills, of d o l .
All other
mills, of dol.
Interest rates, call loans
percent.
Interest rates, time loans
percent.
Exchange rates:
French franc (daily av.)
_cents.
P o u n d sterling (daily av.)
dollarsFailures, commercial
numberM o n e y in circulation
mills, of dol Security m a r k e t s :
Bond sales (N. Y. S. JE7.)--thous. of dol. par valueBond prices, 40 corporate issues
dollars.
Stock sales (N. Y. S. E.)
thous. of shares Stock prices (N. Y. Times)
dol. per shareStock prices (Standard Statistics) (421) .1926=100Industrial (351)
1926 = 100.
Public utilities (37)
1926 = 100.
Railroad (33)
..1926=100.
PRODUCTION, CONSTRUCTION, AND
DISTRIBUTION
Production:
Automobiles (Cram's^ estimate)
numberBituminous coal (daily av.)_.thous. of short t o n s .
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.)__thous. 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
. t h o u s . of b u .
§ Figures cover 101 leading
7
cities instead of 91 as heretofore.
12, 996
8,655
L00
' D a t a do not cover calendar weeks in all cases.
22
SURVEY OF CURRENT BUSINESS
March 1936
Monthly Business Statistics
The following summary shows the trend of industrial, commercial, and financial statistics for the past 13
months. Statistics through December 1931 for all series except those marked with an asterisk (*) will be
found in the 1932 Annual Supplement to the Survey of Current Business, together with an explanation of the
sources and basis of the figures quoted. Series so marked represent additions since the Annual was issued and
similar information, if published, will be found in the places noted at the bottom of each page. Note, however, that many revisions have occurred since the last Annual Supplement was published. A special supplement was included in the April 1935 issue, pages 57 to 72, inclusive. This supplement gave the
monthly averages of all current series for the years 1932,1933, and 1934.
The terms unadjusted and adjusted used to designate index numbers refer to the adjustment for seasonal
variation.
Data subsequent to January will be found in the Weekly Supplement to the Survey.
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 January January
1935
February
March
April
May
June
July
DecemAugust SeptemOctober November
ber
ber
BUSINESS INDEXES
BUSINESS ACTIVITY (Annalist) t
Combined indexf
normal = 100_
Automobile productiont
normal=100.
Boot and shoe production!...normal=100.
Oarloadings, 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 productiont--.--.normal = 100W°°l consumption!
normal = 100_
Zinc production._
..normal = 100.
INDUSTRIAL
90.9
113.3
121.5
69.8
42.3
101.4
109.0
82.0
68.8
52.9
69.6
124.0
75.8
83.6
104.3
124.2
66.2
37.9
97.0
98.5
56.3
52.3
67.1
70.0
126.8
64.6
83.3
100.7
116.2
67.3
39.8
90.1
99.3
63.9
58.1
68.2
69.3
101.0
65.9
81.5
102.1
116.8
66.8
43.1
82.5
98.8
60.0
54.4
70.1
52.3
102.7
64.6
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
116.5
61.5
49.4
81.7
99.3
45.8
51.5
66.7
58.6
154.4
65.0
79.5
83.6
101.2
63.1
52.1
74.8
102.2
52.5
49.3
61.8
57.1
125.3
70.6
25
°91
155
77
100
29
91
91
111
27
79
179
84
110
29
91
91
130
34
75
199
81
111
91
141
50
76
205
74
111
87
87
108
65
78
169
72
104
86
84
114
71
73
165
151
106
19
108
128
91
82
82
156
110
48
105
121
92
72
85
153
102
69
100
124
90
45
87
153
103
88
100
127
79
72
51
49
126
50
75
91
90
104
42
• 92
174
80
52
129
70
79
56
130
55
78
88
86
106
47
77
183
72
108
57
130
49
78
86
86
110
51
80
185
67
113
160
96
71
101
136
88
71
60
80
62
132
50
73
85
84
86
55
78
155
66
113
166
95
27
95
150
97
85
71
105
56
136
46
76
86
84
100
58
74
162
66
103
160
75
56
102
134
89
71
69
53
63
131
51
73
166
79
21
100
138
98
97
79
53
55
133
47
79
80.7
83.5
113.1
58.4
45.9
80.7
103.5
64.1
50.0
64.0
58.3
140.0
71.9
82.7
66.1
108.5
60.8
40.4
78.1
105.9
73.9
57.8
64.9
72.9
139.7
71.3
83.6
46.8
112.8
62.5
43.0
87.4
105.0
80.8
61.8
74.5
77.0
125.9
69.5
87.4
79.8
113.5
65.8
45.7
96.4
105.1
77.8
66.5
75.0
77.0
151.9
68.7
83
100
63
74
168
64
106
87
87
69
57
74
169
79
115
29
59
81
181
83
118
97
96
78
59
86
193
85
114
97
98
125
58
86
192
89
103
95
95
126
46
82
202
90
105
173
97
64
106
143
92
65
61
119
56
139
68
79
90
91
71
47
78
179
84
103
176
91
35
174
148
100
62
82
105
70
141
74
78
95
95
94
52
83
193
88
104
176
99
105
111
140
95
50
80
37
• 70
143
73
82
95
52
74
169
69
107
169
91
51
99
139
85
36
57
109
57
136
59
75
87
88
78
44
76
167
81
104
168
83
15
105
140
84
62
55
50
59
134
73
80
92
35
104
130
81
36
58
54
60
133
59
81
172
102
64
106
129
87
65
58
62
59
135
71
84
176
104
48
113
138
93
48
74
62
68
140
75
80
90.
118.
• 119.
66.
51.
91.
107.
76.
72.
«61.
80.
141.
70.
°94.8
121.8
• 148. 5
70.5
55.4
102.6
• 109. 4
78.6
76.2
«63.3
86.8
133.0
°74.3
PRODUCTION(F.R.B.)
Total, unadjusted
1923-25=100. _
Manufactures, unadjusted—1923-25=100__
Automobiles!.-_
1923-25=100..
Cement
1923-25=100..
Food products
1923-25=100__
Glass, plate
1923-25=100..
Iron and steelt
1923-25=100..
Leather and shoesf
1923-25=100..
Lumber
1923-25=100..
Paper and printing...
1923-25=100..
Petroleum refining
1923-25=100..
Rubber tires and tubes
1923-25=100..
Shipbuilding
1923-25=100Textiles
1923-25=100..
Tobacco manufactures
1923-25=100..
Minerals, unadjusted
1923-25=100._
Anthracite
1923-25=100._
Bituminous coal
1923-25=100. _
Iron-ore shipments
1923-25=100. _
Lead
1923-25=100..
Petroleum, crude
1923-25=100 _
Silver
1923-25=100..
Zinc
1923-25=100..
Total, adjusted
1923-25=100..
Manufactures, adjusted
1923-25=100. _
Automobiles!
1923-25=100..
Cement
1923-25=100..
Food products
1923-25=100..
Glass, plate
1923-25=100..
Iron and steel!
1923-25=100..
Leather and shoes!
1923-25=100..
Lumber
..1923-25=100..
Paper and printing
1923-25=100__
Petroleum refining
1923-25=100 .
Rubber tires and tubes
1923-25=100. _
Shipbuilding
1923-25=100..
Textiles
1923-25=100..
Tobacco manufactures
1923-25=100..
Minerals, adjusted
....1923-25=100..
Anthracite
1923-25=100..
Bituminous coal..
1923-25=100..
Iron-ore shipments
1923-25=100 .
Lead
1923-25=100..
Petroleum, crude
1923-25=100..
Silver
1923-25=100..
Zinc
1923-25=100..
*>96
108
29
92
201
83
v 111
141
63
p 142
83
89
v 99
p 98
111
47
92
225
86
P 120
108
33
103
45
81
166
80
108
30
148
P 102
v 70
' 78
151
115
27
103
136
94
76
74
155
101
68
100
133
96
67
81
153
93
89
98
130
97
54
87
153
88
91
98
138
87
69
60
63
147
82
84
48
131
50
70
50
132
65
73
55
132
50
74
58
130
49
75
P 106
1
167
81
22
97
152
84
51
50
102
57
137
62
75
116
115
59
82
200
96
107
176
133
119
106
137
92
48
71
44
• 67
144
68
82
138
105
119
96
69
82
• 70
a 142
68
86
• 104
104
126
59
103
124
173
179
111
147
101
71
77
° 70
146
1
84
• Revised.
» Preliminary.
! 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.
23
SURVEY OF CURRENT BUSINESS
March 1936
Monthly statistics through December 1931, 1936
together with explanatory footnotes and references to the sources of the data, may be found
Februin the 1932 Annual Supplement to the Survey January January
ary
1935
March
April
May
June
July
DecemAugust Septem- October November
ber
BUSINESS INDEXES—Continued
MARKETINGS
Agricultural products * (quantity)
1923-25=100. _
Animal products
1923-25=100—
Dairy products1923-25=100..
Livestock
1923-25=100—
Poultry and eggs
1923-25=100
Wool
. 1923-25 = 100
Crops
__ 1923-25=100Cotton
1923-25=100
Fruits
1923-25=100..
Grains
1923-25=100..
Vegetables
1923-25=100 .
Agricultural products, cash income received
from marketings of:*f
Crops and livestock:
Unadjusted...
1924-29=100..
Adjusted
_
1924-29=100..
Crops, adjusted
1924-29=100..
Livestock and products, adjusted
1924-29=100..
Dairy products, adjusted—1924-29—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=100Textiles
1923-25=100
Raw materials
1923-25=100.
Chemicals and allied prod .1923-25=100—
Foodstuffs
_
-_. 1923-25=100
Metals
1923-25=100..
Textile materials
1923-25=100
World stocks—foodstuffs and raw materials:
Total t
1923-25=100Coffee—adj. for seasonal...1923-25=100—
Cotton—adj. for seasonal. .1923-25=100
Rubber—adj. for seasonal f. 1923-25= 100—
Silk—adj. for seasonal
1923-25=100 _
Sugar—adj. for seasonalf—.1923-25=100..
Tea—adj. for seasonal. — 1923-25=100 _
Tin—unadjusted
1923-25=100..
Wheat—adj. for seasonal—1923-25=100._
68
74
85
74
70
48
61
72
58
46
74
59
74
88
75
66
34
43
42
67
23
78
50
60
77
56
63
18
39
31
69
22
83
54
66
76
57
91
35
41
34
67
24
86
57
75
89
61
111
54
39
19
82
27
90
63
82
116
61
117
130
44
22
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
76
109
65
63
286
80
63
85
109
45
104
77
100
72
65
180
133
192
85
107
73
124
82
89
84
69
89
167
280
126
85
103
69
106
83
119
202
66
66
71
76
74
68
106
40
79
119
65
49
59
67.0
69.0
58.0
53.0
54.5
46.0
47.5
57.5
49.0
51.0
60.0
54.0
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
80.5
83.0
85.0
69.0
64.0
77.5
58.5
61.0
66.0
80.5
59.5
65.5
66.0
75.0
63.5
66.0
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
127
105
124
70
117
110
83
117
54
115
168
103
142
99
112
87
222
143
105
115
86
118
95
83
163
66
113
162
118
170
107
162
87
239
134
105
122
80
117
96
80
161
71
113
162
115
155
98
140
90
226
126
103
122
75
116
96
80
156
67
113
158
117
142
92
125
93
208
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
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
• 12
121
121
84
99
95
179
110
105
117
83
113
102
79
155
63
114
168
127
114
81
93
101
168
224
342
163
358
208
291
140
71
190
222
342
150
361
215
310
142
94
171
222
338
162
361
205
306
153
93
161
223
336
151
363
211
320
162
80
162
219
334
158
356
201
295
155
80
166
il3
332
148
375
211
275
151
69
163
205
350
136
391
177
259
147
63
172
209
357
147
334
179
246
139
64
174
212
370
159
369
194
226
136
57
188
213
378
169
355
176
228
133
64
188
P214
399
169
328
166
259
129
72
176
P213
397
170
314
37l"
165
64
98
77
72
78
°66
117
109
79
122
39
115
«170
105
154
«107
127
86
233
66
186
COMMODITY PRICES
COST OF LIVING (N. I. C. B.)
Total, all groups
.1923=100Clothing
1923=100Food
1923=100Fuel and l i g h t —
1923=100Housing
1923=100Sundries
1923=100FARM PRICES (Dept. of Agri.) §t
Total, all groups.
1909-14=100Chickens and eggs
-1909-14=100Cotton and cottonseed
1909-14=100Dairy products
1909-14=100—
Fruits
1909-14=100Grains
1909-14=100Meat animals
1909-14=100Truck crops..
.1909-14=100Miscellaneous
1909-14=100RETAIL PRICES
Department of Labor indexes:
Coal«.
1913=100..
Foodl
1923-25=100..
Fairchild's index:*
Combined index
Dec. 1930=100—
Apparel:
Infants' wear
Dec. 1930=100..
Men's
Dec. 1930=100—
Women's
Dec. 1930=100H o m e furnishings
Piece goods
Dec. 1930=100Dec. 1930=100—
84.8
74.5
86.9
86.7
73.9
93.4
81.6
76.9
81.1
87.1
66.9
93.0
82.4
76.3
83.5
87.1
67.4
93.0
82.4
76.0
83.3
87.1
67.9
93.0
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
109
117
95
120
89
92
122
118
112
107
114
108
112
87
115
96
117
111
111
119
108
121
90
114
105
188
101
108
97
102
114
90
111
117
162
92
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
102
107
102
97
106
111
97
98
87
96
129
92
102
107
126
90
102
82
97
131
101
96
158
81.7
164
165
79.7
164
79.7
158
81.3
148
81.4
147
150
80.2
153
88.3
86.8
86.6
86.3
86.3
86.1
85.7
85.2
85.7
92.7
87.3
89.5
89.2
84.7
93.9
87.4
87.9
88.2
85.8
93.4
87.4
87.8
88.2
85.8
93.6
87.3
87.7
87.9
85.1
93.8
87.4
87.7
88.1
84.8
93.5
87.3
87.8
88.2
84.6
93.5
87.2
87.9
87.8
84.3
93.2
87.1
88.1
87.7
84.6
93.4
87.1
88.4
87.8
84.8
116
93
85
84.8
74.6
87.2
86.7
73.4
.4
93.4
87.2
8.5
° Revised.
J> Preliminary.
* New Series. See p p . 16-19 of the. M a y 1934 issue, cash income for marketings of agricultural products, p . 19 of the December 1932 issue, Fairchild price index, and
p p . 19 and 20 of the March 1933 issue, q u a n t i t y marketings.
q D a t a for F e b . 15, 1936: Total 109, chickens and eggs 121, cotton and cottonseed 94, dairy products 123, fruits 92, grains 92, meat animals 125, truck crops 117, miscellaneous 94.
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 J a n u a r y 1933June 1935. For revisions see p . 19 of the September 1935 issue.
• M o n t h l y retail prices of coal was discontinued with the month of August 1935. Subsequent to that date the price will be shown quarterly.
^ This series has been completely revised. Revised indexes for months not shown in the December 1935 issue have not yet been completed by the Department of Labor.
T h e y will be published as soon as available, Index computed every 2 weeks; monthly index is figure taken as nearest the month, prior to Aug. 15,1933, index computed
once a month.
24
SURVEY OF CURRENT BUSINESS
Monthly statistics through December 1931, 1936
together with explanatory footnotes and references to the sources of the data, may be found
Februin the 1932 Annual Supplement to the Survey January Januaryary
March 1936
1935
March
April
July
May ! June
August
1
Se
P£ m -
October
Novem- Decem
ber
ber
COMMODITY PRICES—Continued
WHOLESALE PRICES
Department of Labor index:
Combined index (784).
1926=100.
Economic classes:
Finished products
1926=100.
Eaw 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 t i l e . .
1926=100..
Cement
1926=100.
Lumber
.1926=100.
Chemicals and drugs
..1926 = 100..
Chemicals
1926=100..
Drugs and Pharmaceuticals
1926 = 100..
Fertilizer materials
1926=100.
Fuel and lighting
1926 = 100.
Electricity
1926=100.
Gas
1926 = 100.
Petroleum products
1926=100..
Hides and leather
1926 = 100..
Boots and shoes
1926=100..
Hides and skins
1926 = 100..
Leather
1926 = 100..
House-furnishing goods
1926 = 100..
Furniture
1926=100..
Furnishings
1926=100..
Metals and metal products. 1926=100..
Iron and steel
1926=100..
Metals, nonferrous
1926 = 100..
Plumbing and heating eauipment
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=l00_.
Miscellaneous
.1926 = 100..
Auto tires and tubes
1926=100..
Paper and pulp
1926=100..
Other wholesale price indexes:
Bradstreet's (96)...
1926=100..
Dun's (300)
1926=100..
World prices, foodstuffs and raw materials:*
Combined index
1923-25=100..
Coffee.
1923-25=100..
Copper..
1923-25=100..
Cotton
1923-25=100..
Rubber
1923-25=100.
Silk
.1923-25=100..
Sugar..
1923-25=100..
Tea
1923-25=100..
Tin...
1923-25=100.
Wheat
1923-25=100.
Wholesale prices, actual. (See under respective commodities.)
80.6
78.8
79.5
79.4
80.1
80.2
79.8
79.4
80.5
80.7
80.5
80.6
80.9
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
80.8
76.6
71.2
77.6
88.8
73.3
79.9
83.5
62.8
81.6
77.7
84.9
91.1
93.9
79.9
79.3
84.5
81.5
77.4
71.7
79.1
87.4
78.4
82.7
87.0
63.6
87.9
77.4
85.0
90.6
93.9
80.5
80.4
86.5
81.7
76.6
71.8
78.3
82.8
85.8
81.9
82.9
63.2
91.6
77.3
84.9
90.2
94.4
79.9
81.5
88.1
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
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
70.4
64.4
75.1
54.4
97.1
100.5
100.5
87.3
81.4
77.9
84.8
86.7
87.1
69.7
73.1
66.5
72.9
89.9
87.6
48.8
86.2
97.1
71.1
74.3
81.2
78.2
84.3
85. 8
85.7
67.6
73.1
66.2
72.5
90.3
87.7
48.7
86.0
97.2
69.6
74.6
80.7
77.2
84.1
85.8
86.1
67.2
73.0
66.3
73.0
88.3
88.6
49.8
85.4
97.2
66.6
74.2
80.7
77.3
84.1
85.7
86.0
67.1
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
80.0
68.2
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
86.2
86.6
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
71.7
71.7
80.8
80.4
61.8
33.5
81.4
67.8
45.0
79.8
68.0
70.3
78.4
84.1
63.5
28.6
73.8
70.7
47.5
81.5
67.1
70.1
78.5
83.3
63.6
28.1
73.6
70.1
47.5
80.9
69.4
78.5
82.4
62.5
27.3
73. 1
69.2
46.6
80.6
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
SO. 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. S
83. 2
61.6
32.9
76.9
67.1
45.0
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
77.6
94.9
75.7
93.7
75.8
93.7
74.8
91.4
75.8
93.4
76.7
92.4
76.2
90.7
76.8
90.9
90. (
78.8
94.1
94.7
80.5
94.2
80.2
94.4
52.0
45.0
65.3
43.8
33.5
27.2
59.1
67.8
94.0
63.1
47.9
54.4
63.5
46.7
30.7
18.8
47.4
61.4
101.2
49.8
47.6
50.9
63.5
46.3
30.1
20.0
49.6
62.1
99.4
48.3
46.8
46.0
63.5
42.3
26.8
18.5
53.1
61.7
93.3
51.0
48.2
43.5
63.5
43.0
26.9
19.4
58.4
65.8
99.7
50.9
49.5
42.0
63.5
45.2
28.1
19.8
59.4
65.3
101.7
53.4
48.5
41.0
62.4
43.8
29.3
19.2
60.3
61.0
101.6
50.2
48.5
40.5
56.3
44.9
28.3
20.2
58.6
65.1
104.0
51.2
40.0
57.7
42.3
28.0
23.8
59.6
66.3
100.3
54.7
50.3
42.5
61.5
39.7
26.9
26.1
64.8
77.1
97.6
58.0
53.0
43.5
64.9
41.2
29.7
29.1
67.8
77.0
101.9
62.7
51.2
42.0
65.3
44.1
30.7
29.2
62.8
67.9
103.2
54.9
50.5
42.0
65.3
44.5
30.8
27.4
55.6
66.0
99.0
59.2
125.0
122.4
135.0
120.0
127.7
126.6
125.5
132.5
123.6
126.9
125.5
136.1
123.6
125.8
123.0
132.5
122.4
125.6
122.9
136.1
122.9
126.3
126.9
124.7
144.1
123.3
124.8
138.7
122.7
125.2
124.2
135.0
121.4
125.0
122.7
136.1
120.8
124.5
122.0
133.7
120.0
45
25
48
25
53
25
60
26
53
22
67
26
9,978
11,386
167, 376 200,596
9,256
188,115
8,249
264,137
PURCHASING POWER OF THE
DOLLAR *
Wholesale prices
Retail food prices 1
Farm pricesf
Costlof living.
.1923-25 = 100.
1923-25=100.
.._.. 1923-25=100.
.1923-25=100.
137.4
124.7
141.4
123.2
137.4
122.0
CONSTRUCTION AND REAL. ESTATE
CONSTRUCTION CONTRACTS
AWARDED
Contracts awarded, F. R. B.:i
Total, unadjusted
1923-25=100..
50
Residential..
1923-25=100
20
Total, adjusted...
..1923-25=100..
62
Residential
1923-25=100..
25
F. W. Dodge Corporation (37 States):A
Total, all types:
Projects.
_
...number.. 7,724
Valuation
thous. of dol__ 204, 793
Nonresidential buildings:!
Projects
number.. 2,761
Floor space.
_
thous. of sq. ft__ 16,047
Valuation
thous. of dol._ 90,480
22
10
27
12
24
13
28
14
26
16
26
16
6,458
99, 774
6,135
75,047
8,929
122,941
30
22
27
18
32
25
27
21
35
26
30
24
39
25
35
25
40
24
38
24
10,930
10, 570 10, 499 10,450
124, 020 126, 720 148, 005 159,258
10,655
168,557
44
25
43
25
3,103
3,388
3,325
3,307
2,778
3,319
2,349
3,177
3, 059
2,753
2,526
2,796
5,622
4,985
69, 994
7,774
9,073
9, 075
8,288
9,632
8,602
10, 826 11, 680 20, 680
32,958 30, 613 44,477 41,328 50, 433 59, 036 56,969
58, 489 49, 420 59,180 68, 080 124,506
* New series. For"earlier data on the following subjects refer to indicated pages of the monthly issues as follows: World prices, p. 20, September 1932; Purchasing
Power of the Dollar (except for farm prices), p. 18, August 1933.
f Revised series. For revisions of construction contracts awarded on nonresidential buildings for years 1930, 1931, and 1932, refer to p. 20 of the September 1933 issue
Farm prices (purchasing power) are on p. 20 of the April 1935 issue.
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.
X Indexes are based on 3-month moving average of F. W. Dodge data centered at second month.
i See footnote on p. 23 marked ' T ' .
25
SURVEY OF CURRENT BUSINESS
March 1938
Monthly statistics through December 1931, 1936
together with explanatory footnotes and references to the sources of the data, may be found
in the 1932 Annual Supplement to the Survey January January February
1935
March
April
May
June
July
DecemAugust SeptemOctober November
ber
ber
CONSTRUCTION AND REAL. ESTATE—Continued
CONSTRUCTION CONTRACTS
AWARDED—Continued
F. W. Dodge Corporation (37 States)—Con.
Public utilities:*
221
Projects
..number..
Valuation
thous. of dol.
17,926
Public works:#
1,048
Projects..
number..
Valuation
thous. of dol.. 58,948
Residential buildings:
3,894
Projects
number..
Floor space
thous. of sq. ft.. 10, 306
Valuation
thous. of dol- 37,440
Engineering construction:!
Total contracts awarded (E. N. R.)
thous. of dol.. 288, 547
HIGHWAY CONSTRUCTION
Concrete-pavement contract awards:
Total
thous. of sq. yd..
2,250
1,217
Roads only
thous. of sq. y d Highways:
Approved for construction (2V. I. R. A.):*
Mileage
number of miles..
267
Public works funds alloted.thous. of dol7,279
Under construction (N. I. R. A.):*
Estimated total cost
thous. of dol.. 65,390
Public works funds allotted
thous. of dol.. 60, 877
667
Federal aid funds allotted.thous. of dol1,988
Mileage
number of miles..
CONSTRUCTION COSTS
Building costs—all types (American Appraisal Co.)*
..1913=100..
Building costs—all types (A.G.C.)
1913=100..
178
Building costs—all types (E. N. R.) §
199.5
1913=100..
Building costs—factory (Aberthaw)
1914=100MISCELLANEOUS DATA
Fire losses, United States
thous. of dol.. 27, 730
Foreclosures *•
.number.. 12, 560
Real estate:
Home loan bank, loans outstanding*!
thous. of dol.. 102, 800
Home Owners' Loan Corp:*
Applications received
number..
Loans closed:
12,991
Number
Amount
thous. of dol.. 40,640
Loans outstanding*
thous. of dol-. 2,984,438
156
8,707
876
35, 699
122
3,885
700
23,933
161
6,475
158
7,319
132
5,419
138
9,146
199
13,810
182
4,422
176
12,493
223
11,198
207
10,694
18,104
933
39,779
926
33,170
1,087
29,991
1,050
40,083
1,358
65,118
1,422
63, 653
1,614
75,117
1,540
69,645
1,328
76,387
2,900
5,528
22,410
2,964
4,569
16,617
4,732
8,809
32, 209
6,098
11,925
42, 203
923
25,967
6,267
13,136
44,902
6,166
13,702
49,833
6,356
13,115
48,395
5,808
11, 753
40,528
5,602
12,152
41,811
16,764
55,100
4,756
12,253
39,695
3,856
11,899
45,140
90,958
116,972
122,827
110,161
86,873
158, 057 114,840
182,631
154,973
235,506
2,250
1,111
2,129
1,508
3,303
2,381
3,052
2,395
4,663
3,766
6,816
5,888
4,496
3,327
3,591
1,889
33,480
1,427
26,004
876
20,048
559
14,221
402
11,984
295
10,100
290
8,740
148, 264
3,271
2,356
2,331
1,683
2,541
1,978
1,706
3,367
57,573
3,561
59, 385
3,193
51,509
2,643
40,622
241
8,092
145,639
155,448
170, 756 187,675
191,522
185,044
170,846
149,047
126,211
102,246
88,776
130,660
4,146
6,836
140,060
4,031
7,166
154,988
4,103
7,916
171,294
4,093
8,804
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
74,700
68,965
982
2,371
158
158
158
158
158
157
157
157
157
157
157
180
179
178
178
178
177
175
175
174
173
173
173
198.7
196.0
194.3
194.5
194.1
194.8
195.2
195.1
195.1
195.1
194.9
194.9
177
23,431
18,055
25, 082
15,455
24, 943
17,943
23,268
17,441
21.238
17,441
81,985
76, 570
72,637
74,011
75,836
79,233
2,914
140,795
54,990 36,542 23,140
166,836 104,920 70, 664
2,363,824 2,468,744 ,539,408
177
177
13,807
39,475
177
18,137
14,964
16,642
14,470
19,786
14,398
20,872
12,886
27,969
13,221
86,025
90,432
95,595
97,089
102,795
13,593
13,142
13, 413 14, 623
41,236 40, 558 41, 570 44,775
,620,119 2,660,677 2,702,247 2,747,022
12,892
41,181
16,259
49,883
18,500
17,249
19,294
15,835
158
15, 634 19,002
47,927 58,541
1,880,013 !,940,029
DOMESTIC TRADE
ADVERTISING
Printer's Ink indexes (adjusted for seasonal
variation):*
Combined index
1928-32=100.
Farm papers1928-32=100Magazines
..1928-32=100.
Newspapers
1928-32=100.
Outdoor
1928-32=100.
Radio-..
1928-32=100..
Radio broadcasting:
Cost of facilities, total
thous. of doL.
Automotive
thous. of dol_.
Drugs and toilet goods
thous. of doL.
Foods
thous. of dol_.
Petroleum products
..thous. of doL.
Tobacco manufactures
thous. of doL.
All other*
thous. of doL.
Magazine advertising:!
Cost, t o t a l . . .
_
thous. of doL.
Automotive
thous. of dol..
Drugs and toilet goods
thous. of dol..
Foods
thous. of dol_.
Petroleum products
thous. of doL.
Tobacco manufactures
thous. of doL.
All other*
thous. of doL.
Lineage, totalf
thous. of lines..
80.2
67.1
82.2
79.1
50.0
187.0
4,741
432
1,469
1,197
402
359
882
7,445
1,157
1, 252
1,230
148
580
3,077
1,696
80.2
57.7
80.9
78.7
61.2
169.7
81.6
64.6
81.8
80.4
59.4
169.9
78.7
63.9
78.8
76.1
63.2
182.1
79.4
58.8
78.4
77.2
63.4
188.2
79.8
65.5
77.1
78.6
58.9
182.5
76.6
69.8
74.4
75.5
52.4
184.5
4,289
3,979
3,448
3,119
2,900
3,250
215
897
311
188
413
186
967
876
302
183
387
11,004
1,555
2,017
1,556
7,798
1,005
1,616
1,380
7,074
1,023
1,464
1,100
8,852
832
686
1,454
1,296
4,938
2,335
2,941
1,831
2,719
1,497
4,523
1,812
74.7
45.5
77.8
73.5
74.8
51.8
77.7
73.2
48.9
186.4
« 4, 664
408
« 1, 627
<* 1, 305
a 272
321
« 731
4,412
363
398
333
312
275
1,552
1,197
1,607
1,300
1,450
1,079
1,298
1,139
1,196
272
280
680
912
262
284
518
1,097
6,530
829
1. 452
1,072
103
406
2,668
1,581
9,646
11,973
1,462
2,598
1,733
12,754
1,678
2,436
1,680
12,142
1,641
2,185
1,636
5,333
2,276
6,011
2,700
5,862
2,618
46.9
190.2
216
293
791
855
2,503
1,827
158
532
3,768
2,014
79.0
48.6
80.1
77.0
62.9
179.7
4,822
281
306
929
226
621
282
336
809
368
581
329
489
344
595
292
563
284
484
79.0
61.5
75.1
77.9
59.5
185.2
4,849
83.2
62.6
81.0
82.9
58.0
177.5
84.1
74.4
82.4
84.7
47.0
195.0
4,534
4,944
487
1,493
1,219
398
388
960
244
722
400
1,096
1,351
1,193
1,378
1,123
10,249
1,957
1,690
11,747
1,684
2,203
1,986
5,197
2,181
5,052
2,201
911
313
184
500
220
525
384
370
829
192
526
382
357
893
263
559
9,360
979
1,609
1,630
110
565
4,467
2,334
a
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. First Home Loan Bank loan data were issued for December 1932. Home Owners' Loan Corporation data from
September 1933 to April 1934 will be shown in a subsequent issue. Total loans closed to Jan. 31, 1936, $2,981,913,430. Printer's 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-December 1934 will be shown in a subsequent issue.
° 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 Feb. 1, 1936, 201.2.
• 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.
1 Months of January, May, August, and October 1935 and January 1936 include 5 weeks; other months include 4 weeks.
X
For the period October 1933-February 1935, inter-bank loans that were formerly included have been removed.
http://fraser.stlouisfed.org/
49736—36
4
Federal Reserve Bank
of St. Louis
26
SURVEY OF CURRENT BUSINESS
Monthly statistics through December 1931, 1936
together with explanatory footnotes and references to the sources of the data, may be found January January Februin the 1932 Annual Supplement to the Survey
ary
March 1936
1935
March
April
May
June
DecemOctober NovemAugust September
ber
ber
July
DOMESTIC TRADE—Continued
ADVERTISING—Continued
Newspaper advertising:
Lineage, total (62 cities)•_.thous. of lines.. 94,810
Classified
thous. of lines.. 18, 499
Display
thous. of lines.. 76, 311
Automotive
thous. of lines. _ 3,787
Financial
thous. of lines.. 2,536
General
thous. of lines.. 17,686
Retail
..thous. of lines.. 52, 301
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
63.6
63.1
62.3
63.0
63.1
62.5
61.9
»62.3
62.2
2,356
2,318
2,329
2,179
2,142
2,057
1,994
2,272
2,053
2,409
528, 398
643, 044
632, 507
669,749
677, 232
728, 600 761, 385
732,875
807, 460
717,264
3,780
36,429
3,625
33,812
3,911
36,834
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
12, 449
92,882
11,916
90, 710
2,217
10, 777
82, 717
2,148
12,822
95, 674
2,579
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
27, 434
3,257
25, 827
3,112
24,118
2,907
27, 313
3,049
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
69.4
102.0
51.5
75.0
72.7
86.5
100.2
94.5
116.7
78.5
98.4
70.0
104.9
78.5
89.1
81.0
80.2
75.0
50.1
79.0
53.3
82.0
96.6
113.5
90.6
«106.5
92
96
96
105
104
100
88,055
15, 781
72, 274
6,260
2,083
14, 989
48,942
85, 430
15, 323
70,108
4,183
1,450
16,939
47, 535
110,067
19, 490
90, 577
5,560
2,052
20, 215
62, 751
112,803
19,844
92, 960
7,467
1,894
20, 313
63, 286
115,854
20,174
95,680
66.3
65.2
64.5
2,608
2,159
508,804
3,952
37, 528
GOODS IN WAREHOUSES
Space occupied, public merchandise in warehouses
percent of total..
NEW INCORPORATIONS
Business incorporations (4 States)..number..
2,655
POSTAL BUSINESS
Air mail, pound-mile performance*
thous. of lb_.
Money orders:
Domestic, issued (50 cities):
Number
thousands..
Value
thous. of dol..
Domestic, paid (50 cities):
Number
thousands. _
Value
thous. of dol._
Foreign, issued—value
thous. of dol..
Receipts, postal:!
50 selected cities
.thous. of dol..
50 industrial cities
thous. of dol..
RETAIL TRADE
Automobiles:*
New passenger car sales:
Unadjusted
1929-31 = 100..
Adjusted
1929-31=100..
Chain-store sales:
Chain Store Age index:*t
Combined index (18 companies) t
av. same month 1929-31=100..
Apparel index (3 companies) f
av. same m o n t h 1929-31=100. _
Grocery (5 companies)!
av. same month 1929-31=100. _
Five-and-ten (variety) stores:*
Unadjusted
..1929-31=100..
Adjusted...
1929-31=100..
H . L . Green Co., Inc.:*
Sales
thous. of d o l . .
Stores operated
number..
S. S. Kresge Co.:
Sales
thous. of dol_.
Stores operated
...number..
S. H . Kress & Co.:
Sales.._
._
thous. of d o l . .
Stores operated
number. .
McCrory Stores Corp.:
Sales
thous. of d o l . .
Stores operated
number..
G. C. M u r p h y Co.:
Sales
thous. of d o L .
Stores o p e r a t e d . . .
number..
F . W . Woolworth Co.:
Sales
thous. of d o l . .
Stores operated
number..
Restaurant chains (3 companies):
Sales
thous. of d o l . .
Stores operated
number..
Other chains:
W . T . Grant & Co.:
Sales
thous. of d o l . .
Stores operated
number..
J. C. P e n n y Co.:
Sales
_
thous. of dol._
Stores operated
number..
D e p a r t m e n t stores:
Collections:*
Installment account
percent of accounts receivable __
Open account
percent of accounts receivable. _
96
100
89
93
100
100
100
103
101
101
107
110
108
114
90
91
92
94
93
92
96
67.7
90.8
67.2
90.2
75.8
90.8
78.1
93.0
92.9
90.6
86.0
86.0
86.1
90.7
82.0
92.1
79.3
87.7
91.8
93.4
92.0
95.1
93.7
178.4
96.7
1,753
132
1,557
128
1,609
128
1,981
129
2,384
132
2,158
132
2,229
131
2,049
137
2,157
132
2,088
133
2,476
134
2,684
134
4,941
133
8,597
743
8,488
732
8,975
732
10, 328
734
11, 518
734
10,872
735
11,048
736
10,004
735
10, 758
737
10,148
737
11,925
741
12,269
744
21,551
745
5,204
234
4,762
232
4,968
232
5,472
232
6,441
232
5,934
232
5,700
233
5,884
232
5,946
233
6,138
233
6,586
234
6,858
235
13,789
234
2,148
207
2,317
205
2,667
205
3,027
205
2,612
205
2,817
205
2,493
205
2,654
202
2,479
202
3,017
201
3,094
203
6,065
203
2,003
189
1,803
186
1,891
186
2,266
186
2,576
186
2,420
186
2,584
2,354
188
2,513
188
2,351
188
2,865
189
2,970
189
5,005
189
16,983
1,977
17,148
«1,958
18, 219
• 1,959
20,483
»1,963
22,382
«1,962
21,050
• 1,964
21,113
1,965
20,169
«1,968
21, 556
• 1,972
20, 243
• 1,974
23,383
1,978
23, 407
»1,978
39,590
1,980
3,384
353
3,418
361
3,193
359
3,562
359
3,458
357
3,465
356
3,195
358
3,117
359
3,335
358
355
3,566
353
3,395
351
3,662
352
5,175
471
5,166
465
« 5, 578
465
6,953
466
7,663
467
7,430
7,654
469
6,276
469
6,732
470
6,726
470
8,365
470
8,581
471
14,818
471
13,964
1,481
• 12,924
1,474
12,039
1,474
15,507
1,474
17, 597
1,478
16,980
1,478
17,929
1,478
15,915
1,478
17,873
1,479
18,811
1,480
24,033
1,481
24,980
1,483
31,333
1,483
16.4
16.3
18.0
17.4
17.1
16.1
15.4
16.3
16.2
17.4
17.4
16.7
41.1
40.6
45.5
46.8
44.0
45.7
41.6
43.9
43.8
45.3
44.2
43.2
* New series. For description of Chain Store Age indexes see p. 19 of the December 1932 issue. Comparable data of H. L. Green Co., Inc., sales prior to July 1933 not
available. For earlier data on automobiles see p. 19 of the April 1934 issue and variety-store sales, p. 18 of the March 1934 issue. Data prior to October 1933 on collections
not published. Data are currently being received from about 400 stores on open accounts and about 250 on installment accounts. Series on air mail not available prior to
May 1934. Series on basis of weight carried was published in the Survey for the period February 1926 to December 1933.
.
t Revised series. For revisions refer to the indicated pages of the monthly issues as follows: Apparel sales index of Chain Store Age, p. 26, October 1933. Combined
index and grocery index of Chain Store Age were revised for period January 1932 through August 1934. See footnote on p. 26 of the November 1934 issue.
1 Monthly data from January 1932 through June 1935 are on page 20 of the July 1935 issue.
• The New York Evening Post series on newspaper advertising in 22 cities is available for the period 1916 through January 1934. See the 1932 annual supplement and
monthly issues prior to December 1934.
27
SUEVEY OF CUREENT BUSINESS
March 1936
Monthly statistics through December 1931, 1936
together with explanatory footnotes and references to the sources of the data, may be found
Februin the 1932 Annual Supplement to the Survey January Januaryary
1935
March
April
June
May
July
DecemAugust SeptemOctober November
ber
ber
DOMESTIC TRADE—Continued
RETAIL TRADE—Continued
Department stores—Continued.
Sales, total value, unadjusted A
1923-25=100.
Atlanta*
1923-25=100.
Boston
1923-25=100.
Chicago*t
1923-25=100.
Cleveland*
....1923-25=100.
Dallas*
1923-25=100.
Kansas City
1923-25=100.
Minneapolis*
1929=100.
New York*
1925-27=100.
Philadelphia*
1923-25=100.
Richmond
1923-25=100.
St. Louis
1923-25 = 100.
San Francisco*
1923-25=100.
Sales, total value, adjusted*. 1923-25=100.
Atlanta*
1923-25=100.
Chicago*!
1923-25=100.
Cleveland*
1923-25=100.
Dallas*
1923-25=100.
Minneapolis*
1929=100.
New York*
1925-27=100.
Philadelphia*
1923-25=100.
San Francisco*
1923-25=100.
Installment sales, New England dept.
stores, ratio to total sales
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.
63
71
63
64
58
69
59
65
63
47
72
56
70
79
90
80
77
82
73
81
57
84
59
61
58
61
58
60
55
61
58
44
65
53
66
74
77
76
77
72
69
73
54
79
61
70
47
62
56
70
61
55
60
46
64
53
67
75
80
79
68
83
73
72
56
80
71
84
60
75
68
80
73
74
65
59
87
68
72
82
91
83
79
86
79
77
66
79
79
88
69
81
78
80
74
78
74
65
98
67
81
73
84
76
69
80
72
74
65
83
76
84
69
78
74
78
72
76
71
63
98
69
77
76
84
76
69
75
76
75
64
80
76
75
68
76
75
74
70
76
74
66
95
64
76
80
84
78
78
81
78
77
69
86
55
63
49
56
55
59
55
54
54
46
68
50
68
80
90
78
72
84
71
72
62
83
61
77
52
68
61
64
70
70
58
49
78
59
80
78
98
85
73
88
80
76
65
82
86
91
72
81
78
97
85
84
83
65
98
71
87
81
97
79
75
92
77
81
72
84
86
98
82
86
79
92
90
94
87
74
117
80
88
77
82
78
75
80
79
77
65
86
91
103
78
89
83
97
84
85
93
80
114
81
92
81
90
81
79
84
86
79
66
91
145
158
«124
137
133
155
133
123
146
« 122
«185
« 120
152
84
93
81
81
95
83
83
10.1
9.2
9.3
7.8
7.2
8.2
6.7
9.2
14.5
10.7
10.2
8.8
6.2
58
65
57
64
61
64
65
63
66
64
66
64
61
63
57
61
60
62
67
64
72
66
75
67
61
46,180
18,508
27, 672
41,194
17,418
23,776
41,573
17,905
23, 668
54,763
22,783
31,980
59,644
25,571
34,073
58,105
22,915
35,190
58,953
23,822
35,131
49,887
20, 293
29,594
52,402
22, 849
29,553
59, 474
25,173
34,301
79,945
35,897
44,048
71, 777
30,910
40,867
90,813
39,475
51,338
79.9
96.3
72.6
87.5
82.0
90.6
90.6
97.4
97.0
101.0
87.6
93.1
94.2
99.7
74.7
97.0
79.8
92.8
103.7
104.8
127.6
104.6
127 6
103.7
155.9
109.8
EMPLOYMENT CONDITIONS AND WAGES
EMPLOYMENT
a
Factory, unadj. {B. L. &.)*§
1923-25=10083.1
«81.4
78.8
82.5
81.2
84.6
«82.6
"85.0
°85.3
79.7
"79.7
82.0
«83.7
Durable goods group* §
1923-25=10075.7
69.4
66.2
71.0
71.8
71.4
69.7
69.4
76.1
74.6
70.5
71.2
74.9
Iron and steel and products_1923-25=100..
76.6
70.7
67.8
71.8
-72.7
72.4
71.8
71.3
76.8
75.8
73.2
74.7
76.4
Blast furnaces and steel works
1923-25=100..
69.4
76.2
77.1
72.9
74.4
74.0
72.4
°77.0
75.6
73.7
73.6
71.7
73.7
Structural and metal work
1923-25=100..
57.3
55.9
53.8
59.0
58.6
55.0
55.3
«56.6
57.9
56.0
56.0
56.9
58.6
Tin cans, etc
1923-25=100.
92.9
85.4
86.4
88.3
90.4
96.0
100.0
85.0
104.0
100.5
95.3
91.8
105.4
Lumber and products.._._ 1923-24=100._
54.5
49.4
50.6
51.7
50.9
48.9
51.9
47.1
55.3
57.5
56.0
52.9
57.0
Furniture
1923-25=100. _
74.8
66.9
69.1
68.6
67.0
67.1
69.1
64.1
73.4
77.9
77.0
71.7
76.3
Millwork
1923-25=100..
46.9
37.9
38.3
39.7
40.7
41.9
44.8
35.9
47.5
49.5
48.7
45.5
50.1
Sawmills
1923-25=100..
35.1
32.7
33.5
34.8
34.0
30.9
33.9
30.9
36.6
37.6
36.0
34.4
37.4
Turpentine and rosin
1923-25=100..
99.7
96.3
99.7
99.2
99.0
98.9
98.9
95.6
99.1
100.3
100.7
98.0
100.5
Machinery
1923-25=100..
93.1
"82.0
84.1
85.1
84.5
84.2
85.6
79.6
87.3
93.1
93.8
92.5
91.1
Agricultural implements_1923-25=100. .
128.9
92.7
101.3
97.0
97.0
110.6
116.7
89.6
117.8
116.6
123.8
133.9
118.5
Electrical machinery, etc.l923-25=100..
74.0
72.1
65.9
67.5
69.2
70.9
70.7
69.6
69.6
70.4
73.3
75.3
75.4
Foundry and machine-shop products
1923-25=10069.2
76.8
77.6
79.0
79.1
76.0
73.5
74.3
73.8
72.8
73.4
74.0
72.0
Radios and phonographs. 1923-25=100—
230.0
212.4 • 190.4
186.0
189.0
182.4
168.0
165.5
185.0
213.8
254.9
279.1
271.6
Metals, nonferrous§.
1923-25=100..
92.3
89.4
78.3
81.6
83.0
83.4
82.9
81.8
80.2
82.0
86.9
91.9
93.1
Aluminum manufactures §
1923-25=10083.0
81.2
82.7
82.1
72.3
76.2
79.1
76.8
79.0
75.5
78.7
78.3
74.6
Brass, bronze, copper products
1923-25=100..
89.0
87.6
75.4
86.8
88.5
78.2
81.8
80.8
82.0
80.8
78.9
77.4
81.8
Stamped and enameled ware§
116.2
1923-25=100112.7
117.0
110.5
99.6
105.4
101.9
106.2
108.4
109.1
106.9
100.4
102.5
Railroad repair shops—..1923-25=100..
55.8
55.9
51.6
52.9
53.6
52.9
53.6
53.8
53.5
52.8
52.6
55.1
55.7
Electric railroad.-..
1923-25=10064.8
65.1
65.3
65.9
65.8
65.6
65.7
65.6
65.2
65.3
64.6
64.5
65.1
Steam railroad
1923-25=10055.1
55.2
50.6
51.9
52.7
52.0
52.7
52.9
52.6
51.9
51.7
54.4
55.0
Stone, clay, and glass products
56.4
55.2
50.8
47.2
56.7
55.8
1923-25=100..
53.2
55.9
49.6
51.5
55.0
55.7
54.7
33.9
Brick, tile, and terracotta.l923-25=100-.
31.0
24.8
25.7
27.6
27.6
29.6
32.1
32.9
33.8
34.0
35.3
34.6
45.0
Cement
1923-25=100—
38.0
37.2
37.8
41.6
50.0
57.0
60.1
57.5
53.8
51.9
52.9
49.6
97.8
Glass
1923-25=10092.0
86.5
91.7
93.7
94.2
94.8
95.2
92.7
95.7
95.8
97.5
98.4
Transportation equipment-1923-25=100..
103.3
92.4
100.9
103.6
104.8
102.7
93.7
87.2
83.5
75.8
92.3
101.0 »103.4
118.2
Automobiles
1923-25=100..
118.2
108.1
117.5
119.5
119.9
116.4
107.2
100.6
95.1
84.0
105.0
115.5
50.1
Cars, electric and steam..1923-25=100-.
48.5
34.2
43.6
52.2
59.1
60.3
48.2
31.7
32.2
33.5
40.0
45.9
°82.9
Shipbuilding
1923-25=10085.0
68.3
72.8
74.9
74.6
76.4
66.2
71.3
72.4
76.1
79.8
82.3
-94.2
Nondurable goods group*§—1923-25=100..
92.3
«92.4
°94.2
°95.0
«94.2
«91.8
«90.6
•90.8
°94.3
«97.1
"96.4
°94.6
111.1
Chemicals and products...1923-25= 100—
109.6
108.4
109.4
112.7
111.5
108.0
107.2
106.8
107.9
110.7
113.1
112.4
108.8
Chemicals
1923-25=100107.4
103.0
102.8
103.4
106.9
107.1
108.1
109.0
107.7
108.0
108.9
109.5
98.8
Druggists' prep
1923-25=100. _
97.6
101.3
102.4
98.9
98.9
96.8
95.8
95.1
97.3
99.5
101.6
100.3
Paints and varnishes
1923-25=100..
107.1
98.7
102.2
104.2
109.2
112.6
112.5
108.6
105.5
106.7
109.2
109.3 M07.9
° 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 are 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 appear on p. 16 of the January 1936 issue.
28
SURVEY OF CUEEENT BUSINESS
1936
Monthly statistics through December 1931,
together with explanatory footnotes and references to the sources of the data, may be found January January
in the 1932 Annual Supplement to the Survey
March 1936
1935
February
March
April
May
June
July
DecemAugust SeptemOctober November
ber
ber
EMPLOYMENT CONDITIONS AND WAGES—Continued
EMPLOYMENT—Continued
Factory unadjusted—Continued.
Nondurable goods group—Continued.
Chemicals and products—Continued.
108.2
107.3
108.3
110.6
112.2
110.9
109.0
107.9
108.3
111.2
110.1
Petroleum refining
1923-25= 100 ~
110.3
346.8
325.9
Rayon and products
1923-25=100-356.1
353. 6
338.0
348.9
334.9
326.9
327.9
340.3
353.6
356.8
•94.4
"98.9
Food and products
1923-25=100-.
92.6
«94.9
«93.2
°95.4
"95.8
105.7 « 111.8
118.2 «108.5 • 100. 5
111.3
114.2
Baking
1923-25=100..
113.6
111.2
106.7
110.9
111.8
112.7
111.5
111.7
114.6
114.6
145.7
170.0
Beverages
1923-25=100..
153.0
149.7
144.6
151.3
156.0
161.6
178.5
179.0
171.9
162.9
Slaughtering, meat pack81.4
79.7
94.3
87.2
80.6
80.4
78.9
84.9
81.5
79.4
82.9
ing
1923-25=100-.
83.0
91.6
82.3
Leather and products
1923-25=100-88.4
88.3
92.7
91.5
86.7
87.3
90.1
88.8
86.6
80.6
90.7
77.8
Boots and shoes
1923-25=100.86.1
87.0
92.1
90.8
85.2
85.8
89.1
87.3
84.0
92.8
95.6
100.3
Leather
—1923-25=100..
95.2
97.0
97.7
94.0
95.5
94.5
93.2
93.5
94.4
95.6
96.7
98.7
Paper and printing
—1923-25=100..
97.5
95.6
96.9
96.9
96.5
95.5
95.9
97.3
98.3
109.1
108.7
109.0
Paper and pulp
— 1923-25=100- 108.7
106.8
109.7
109.8
109.9
108.9
108.8
109.2
109.1
80.9
84.2
82.7
Rubber products §
1923-25=10081.1
82.8
82.1
83.1
84.5
83.6
82.4
78.3
79.1
72.9
75.3
69.8
Rubber tires and tubes-1923-25=100—
70.5
74.7
75.1
74.9
73.6
70.3
69.7
70.3
70.7
90.4
98.4
97.0
Textiles and products
1923-25=100-.
95.1
95.2
99.2
97.2
93.5
87.8
92.9
95.9
97.7
89.4
97.2
96.1
Fabrics
1923-25=100. 87.5
89.9
94.0
95.8
96.4
93.3
91.0
92.1
94.6
88.6
96.8
94.8
Wearing apparel
1923-25=100-.
84.4
96.0
100.5
100.5
93.4
89.4
101.4
101.8
95.3
57.8
57.3
59.7
Tobacco manufactures
1923-25=100..
52.2
56.5
57.8
56.8
56.6
57.6
57.9
58.9
60.0
a
°80.1
82. T
84.8
Factory adjusted (F. R. B.)* §.1923-25=10085.0
°80.7
•82.7
82.4
"81.4
*80.6
•81.8
81.9
°83.7
111.3
108.6
110.8
Chemicals and products
1923-25=100110.3
111.3
109.7
108.4
110.7
108.1
109.3
110.7
111.4
110.2
101.2
107.2
Chemicals
1923-25== 100-.
105.9
101.6
102.3
106.3
109.0
111.7
111.6
108.5
107.7
100.3
101.4
96.8
Druggists' preparations
1923-25=100—
95.4
99.1
96.8
100.7
100.4
100.4
99.3
97.4
97.1
108.4
102.3
110.2
Paints and varnishes
1923-25=100..
108.8
108.4
108.0
108.9
109.6
101.0
103.4
108.8
108.6
109.6
108.7
111.4
Petroleum refining..
— 1923-25=100— 110.3
109.0
108.3
108.5
108.8
110.1
108.2
111.1
111.1
325.9
346.8
356.1
Rayon and products
1923-25=100—
353.6
338.0
348.9
334.9
326.9
327.9
340.3
353.6
356.8
100.1
106.2
°98.4
1
a QC 1
Food and products
1923-25=100..
103.1 • 106.0 • 113.8
103.9 « 102. 4 • 103.1
101.6 • 100. 3
99.8
»o. 1
113.0
111.8
Baking
1923-25=100-.
113.6
109.0
113.2
113.6
112.7
109.9
111.4
112.6
112.8
Slaughtering, meat packing
81.6
1923-25=100..
79.1
81.8
79.7
82.4
85.7
91.6
84.2
80.9
84.9
81.0
8?.O
Iron and steel and products. .1923-25=100-71.7
70.6
72.4
73.4
74.1
75.9
77.6
70.8
69.4
71.1
71.5
77.1
Blast furnaces and steel works
1923-25=10072.5
72.6
74.4
76.1
72.2
72.2
72.7
74.3
77.6
72.4
69.9
77.1
Structural and metal work .1923-25=100—
55.3
55.7
58.4
55.7
56.5
57.0
57.7
58.8
56.3
57.4
56.0
56.3
Tin cans, etc.
-1923-25=10089.2
92.8
99.6
98.1
89.2
90.8
87.9
89.5
96.2
97.0
99.4
100.7
86.4
Leather and products
— 1923-25=10084.1
89.7
89.2
90.5
89.1
92.2
89.1
86.9
87.0
85.4
84.5
84.4
Boots and shoes
1923-25=100-.
80.2
88.9
83.1
81.4
87.5
89.9
88.4
91.7
87.9
84.5
84.9
95.1
Leather
1923-25=100-.
99.6
93.2
96.0
93.3
92.3
94.3
94.5
95.8
95.8
95.1
97.1
48.8
54.4
Lumber and products
—1923-25 = 10050.8
54.8
51.9
48.8
52.4
51.3
52.0
54.6
55.5
55.4
69.6
71.6
Furniture
1923-25 = 100-.
67.6
70.3
71.1
70.5
72.4
73.3
73.9
71.7
74.4
66.4
41.4
48.7
Millwork...
-.1923-25 = 10038.4
46.9
38.8
37.0
39.4
40.2
44.4
46.8
49.7
49.1
30.1
35.7
Sawmills
1923-25=100..
34.2
36.0
32.4
36.2
37.0
34.6
35.0
33.4
33.2
35.6
84.4
93.0
Machinery
1923-25=100-.
83.1
94.6
85.6
81.4
86.0
84.9
86.1
87.1
88.8
90.6
111.4
127.8
Agricultural implements _ _ 1923-25=100.. 129. 4
87.1
94.7
86.7
91.6
94.1
123.2
124.4
126.6
122 A
69.6
75.4
Electrical machinery, etc-.1923-25 =100—
67.5
72.1
65.9
73.3
75.3
69.2
70.9
70.7
69.6
70.4
Foundry and machine-shop products
1923-25=100..
77.4
72.7
80.3
73.4
75.8
79.1
73.1
72.0
73.9
71.6
72.6
70.3
Radios and phonographs
1923-25 = 100..
222.3
226.8
182.7
252.3 • 226.1
252.7
231.2
200.0
192.7
194.4
190.9
196.8
Metals, nonferrous§
1923-25 = 100..
91.9
80.6
82.8
90.4
79.2
81.4
82.4
83.3
82.2
83.7
87.4
90.8
Brass, bronze, copper prod_ 1923-25=100..
90.0
79.3
79.4
88.0
75.8
79.8
80.4
80.3
78.2
78.8
82.7
87.9
Stamped and enameled
114.2
102.4
105.4
112.6
ware§
..1923-25=100..
104.2
107.9
102.9
101.6
116.3
104.2
104.4
106.1
96.4
Paper and printing
1923-25 = 100. _
97.1
97.4
96.5
96.4
97.6
97.8
96.8
94.9
96.7
97.3
97.1
109.0
Paper and pulp
1923-25 = 100..
109.1
108.8
108.7
108.9
108.7
106.8
109.7
109.8
109.9
109.2
109.1
Railroad repair shops
1923-25 = 100..
53.4
52.7
53.6
53.2
55.8
56.7
52.4
53.8
52.6
53.3
52.4
54.8
Electric railroads
.
1923-25=100..
65.6
65.3
65.9
65.2
65.1
65.1
65.3
64.6
64.5
65.8
65.6
65.7
Steam railroads
1923-25=100..
52.4
51.7
55.2
52.7
51.9
54.1
56. 1
51.4
53.0
51.6
52.3
51.4
Rubber products§
1923-25=100...
78.8
83.0
80.4
85.0
77.4
83.6
84.6
85.8
83.4
81.1
81.7
83.4
72.1
Rubber tires and tubes
1923-25 = 100—
68.4
69.6
76.4
67.2
72.7
77.0
76.6
73.6
70.2
71.6
73.2
Stone, clay, and glass products
53.6
55.8
54.4
53.9
54.6
51.7
52.4
52.4
52.7
53.5
54.8
56.1
1923-25=100..
30.4
29.6
29.9
31.2
34.7
Brick, tile, and terra cotta. 1923-25=100..
35.3
28.2
29.9
27.4
28.0
32.1
34.4
53.4
42.4
56.4
50.5
49.2
Cement
1923-25=100..
42.8
41.9
44.4
50.3
55.3
48.9
50.9
96.6
94.1
92.1
97.4
97.2
Glass
-1923-25 = 100100.0
94.0
92.9
92.7
93.1
93.6
92.5
92.2
96.6
91.7
96.1
96.2
Textiles and products
1923-25=100..
95.0
95.1
96.6
98.0
93.6
96.0
96.0
91.2
95.6
90.6
93.3
94.4
Fabrics
1923-25=100..
93.0
94.8
94.6
92.7
91.0
93.2
93.6
90.3
94.7
90.0
98.4
96.0
Wearing apparel
1923-25=100..
95.3
91.3
9H.3
97.3
96.9
99.2
95.6
58.2
57.7
58.1
58.1
57.0
Tobacco manufactures..
1923-25=100..
56.0
60.7
58.2
57.7
56.8
57.3
57.4
84.8
98.4
88.7
83.6
109.0
Transportation equipment.. 1923-25 = 100..
104.6
93.5
81.4
99.5
99.4
99.1
94.0
97.7
114.
1
101.5
94.9
125.1
119.4
109.2
Automobiles
1923-25 = 100..
114.4
113.5
105.9
91.0
113.8
29.6
46.9
44.4
30.7
50.9
Cars, electric and s t e a m . . . 1923-25 = 100..
54.4
38.3
52.6
54.7
54.9
32.8
41.7
73.0
69.3
65.4
76.5
85.6
82.5
66.3
Shipbuilding
1923-25 = 100. _
71.1
70.0
74.1
81.1
85.3
Factory, by cities and States:
Cities:
80.8
82.6
75.7
80.2
84.5
84.4
78.4
83.3
80.9
79.4
82.9
Baltimore*
_
1929-31 = 100..
67.0
65.3
68.3
64.8
68.9
Chicago*
..1925-27 = 100.
68.7
65.6
68.6
69.3
69.0
67.3
68.5
80.9
84.8
94.9
86.4
86.5
Cleveland*
1923-25 = 100.
94.9
83.9
87.6
88.7
82.1
89.3
95.5
93.7
71.7
109.5
66.6
107.8
Detroit
.1923-25=100
103.8
108.3
110.2
110.8
102.4
82.7
100.9
92.4
91.9
90.0
92.6
96.2
Mailwaukee*
1925-27=100
95.2
86.9
91.6
93.1
93.0
93.2
94.4
72.2
69.8
73.4
67.9
76.3
New York
1925-27 = 100
73.7
70.7
75.2
74.9
72.3
75.9
77.7
«
89.
1
°87.
2
°87.
8
92.2
Philadelphia!
1923-25=100..
*87.9
90.3
°87. 0
°
88.
7
«88.6
•88.1
*
91.
0
"92.2
a
a
68.3
67 7 °68.6
°67.6
Pittsburgh*!
1923-25=100.
*67.2
°72.2
69.7
°66.3
°68. 5
68.6
69.7
71.5
States:
89.5
84.4
83.2
85.9
96.1
Delawaref
1923-25=100
82.6
84.3
90.3
102.8 ;
92.6
88.4
73.1
73.4
72.4
Illinois
1925-27=100.
76.0
73.6
75.8
69.9
74.3
75.6
74.8
75.7
75.8
110.2
118.2
Iowa
1923 = 100.
117.2
122.7
118.8 | 122.2
123.9
109.3
113.3
114.0
117.1
122.3
71.6
67.4
72.9
Massachusetts*!
1925-27=100.
69.5 j
71.0
70.0
72.3
71.7
69.0
71.2
73.1
• 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; and employment in Chicago, p. 20, June 1933; Pittsburgh employment, p. 18, January 1934; Cleveland employment, p. 19, July
1934.
! For revised data refer to the indicated pages as follows: Employment in Delaware and Philadelphia, p. 19, September 1933; for revisions of years 1930-34 for those
series and for the city of Pittsburgh, see p. 20 of the March 1935 issue; for Massachusetts, employment for 1931, p. 19, August 1933, and for 1932-34, p. 20, September 1935.
§ These data for the period January 1933-September 1935 have been revised; revisions not shown in the December 1935 issue appear on p. 16 of the January 1936 issue.
SURVEY OF CURRENT BUSINESS
March 1936
1936
Monthly statistics through December, 1931,
together with explanatory footnotes a n d references to the sources of the data, may be found January January
in the 1932 Annual Supplement to the Survey
29
1935
February
March
April
May
June
July
DecemAugust SeptemOctober November
ber
ber
EMPLOYMENT CONDITIONS AND WAGES—Continued
EMPLOYMENT—Continued
Factory, by cities and States—Continued.
States—-Continued.
88.4
88.2
Maryland*...
1929-31=100..
87.9
90.7
89.5
86.5
92.1
84.9
89.3
88.8
92.3
90.4
"89.7
72.4
76.3
73.8
74.5
74.2
72.5
New Jerseyf
1923-25=100..
73.1
74.9
75.9
78.0
80.0
80.6
79.1
72.5
73.1
74.8
73.7
72.1
New York
..1925-27=100..
75.2
70.6
74.3
73.8
76.8
76.9
77.8
76.2
90.8
91.3
94.9
93.0
90.1
87.3
94.1
91.1
93.1
96.0
0)
Ohio
...1926=100..
93.8
94.2
° 74. 9
•76.0
°75. 0
74.3
•75.4
76.6
«78.1
•79.0
•76.8
76.9
•75.8
«79.4
Pennsylvania!1923-25=100..
•78.8
86.6
85.1
92.3
81.3
85.7
90.4
89.5
88.2
85.7
84.0
85.9
Wisconsin
1925-27=100..
89.1
87.2
Nonmanufacturing (B. L. S.):
Mining:
64.4
49.4
59.1
51.4
52.6
53.5
46.0
62.9
56.8
38.7
Anthracite
.1929=100..
58.8
46.6
57.3
70.0
79.6
81.1
81.6
74.3
75.3
77.1
80.0
77.9
73.4
Bituminous coal
1929=100..
74.3
76.2
•79.1
45.2
54.2
45.0
46.0
44.4
48.9
44.3
44.3
46.0
46.3
Metalliferous...
1929=100..
51.6
52.6
53.5
77.4
71.4
74.0
74.9
76.0
75.1
74.9
76.5
76.3
Petroleum, crude production. 1929=100..
74.2
73.0
74.7
•72.2
50.9
39.4
40.5
45.3
49.5
50.0
36.9
50.4
51.0
Quarrying and nonmetallic—1929=100..
46.7
37.3
50.0
43.1
Public utilities:
Electric light and power, and manufactured gas
1929=100..
82.2
«82.3
82.6
«83.9
•84.8
86.3
82.7
*86.8
86.9
•87.4
87.6
•83.3
Electric railroads
1929=100..
71.0
71.7
71.5
70.7
71.2
71.3
71.4
71.2
71.0
71.1
71.1
70.5
71.6
Telephone and telegraph
1929=100..
70.2
70.3
70.1
70.5
70.0
70.5
70.4
69.8
69.7
69.8
70.0
69.6
70.0
Trade:
82.2
79.2
80.2
83.5
82.2
79.3
79.5
80.7
78.0
84.6
Retail!
1929=100..
81.8
83.8
93.3
82.1
82.1
84.0
84.2
84.6
82.5
86.4
Wholesale!
1929 = 100..
85.6
83.7
85.7
86.8
83.2
82.7
Miscellaneous:
69.6
82.1
70.3
72.5
79.9
80.9
83.6
81.7
79.4
Dyeing and cleaning*!*
1929=100..
71.5
76.3
80.4
73.4
80.3
81.1
81.1
81.6
81.3
80.3
81.1
Hotels!
1929=100..
81.9
80.8
80.7
81.6
81.5
80.8
79.6
80.0
81.1
82.3
84.4
Laundries*! A
1929=100..
81.5
79.6
83.0
79.7
84.2
81.9
81.3
81.1
Miscellaneous data:
Construction employment, Ohio
1926=100..
18.3
18.4
35.0
32.9
17.5
24.8
30.7
31.5
27.6
28.5
30.9
0)
Farm employees, average per farm*
number..
.79
.65
.68
.72
1.01
.98
.96
.71
.89
.96
•.85
.62
1.13
Federal and State highway employment,
total*
number.. 202,884 240,414 221,406 217, 539 282, 740 331, 000 362, 339 375.442 382,846 340, 073 323, 374 290, 523 252, 229
Construction*
number.. 97, 089 120,131
99,197 109, 390 147, 256 195,459 224, 086 226, 867 218, 886 183,886 176, 050 151. 385 130, 539
Maintenance*
number.. 105, 795 120, 283 122, 209 108,149 135,484 135, 541 138,253 148, 575 163,960 156,187 147, 324 139,138 121, 690
Federal civilian employees:
895 °734,498 °746, 088 747,478 °754, 745 764, 925 805, 286 829, 605 831,453 835, 236 850, 943
United States*
.number.. a840,183 a723, 091 «729,
Washington
number.. •111,954 • 95, 601 a 96, 771 • 98, 653 •101,178 102, 539 103,453 104,498 105, 679 108,952 110, 009 110, 745 111,692
Railroad employees, class I
thousands..
1,002
994
985
976
1,013
1,031
1,035
1,011
995
1,025
1,034 • 1, 013
Trades-union members employed:
All trades
.percent of total..
74
76
79
79
73
77
76
80
78
80
80
77
Building trades*
percent of total..
40
39
43
49
49
50
52
54
41
55
63
52
46
Metal trades*
percent of total..
75
75
77
77
77
83
78
81
76
80
82
81
Printing trades*
percent of total..
83
85
86
86
85
85
85
87
85
85
86
86
80
83
81
All other trades*
percent of total..
86
77
82
81
84
85
84
81
85
51
54
54
On full time, all trades.percent of total..
57
53
55
53
58
55
58
55
59
LABOR CONDITIONS
Hours of work per week in factories:*!!
Actual, average per wage earner
hours-.
36.4
36.4
38.4
35.9
36.6
36.7
37.3
37.8
37.1
16.3
38.6
38.5
38.8
Industrial disputes in progress during
month:
211
292
Number of disputes
270
281
* 191
226
281
266
258
•233
287
Man-days lost
number.. *625,000 719, 669 824,312 927,144 1,164,013 1,685,572 1,265,009 1,229,066 1,157,099 2,932,573 1,710,599 •1,120,775
697,000
Workers involved
number.. p 50, 000 92, 479 94,286
94,809 121,347 150,166 119, 547 129, 807 134,763 499, 575 131,901 a 100,780 60,000
Employment Service (United States):*
Applications:
In active
file
number.. 9,025,069 6,467,749 6,559,053 6,384,732 6,312,060 6,094,192 6,713,047 7,532,046 8,235,139 8,696,943 8,735,671 8,387,179 8,954,017
New
number.. 428,478 321, 318 263, 824 266,496 313, 661 379, 573 662,138 821, 524 781, 971 655,847 635,451 526,227 481, 902
Placements:
Number
156, 218 153, 606 131,082 185,108 247, 507 271,711 248, 568 258,250 242, 838 232,176 246,431 149,279 148,084
Per active applicant
number..
.024
.017
.034
.020
.029
.039
.045
.037
.027
.018
.029
.028
.017
Labor turn-over:!
Accessions
.percent of no. on pay roll..
6.33
4.23
3.63
3.01
3.65
3.79
3.18
4.17
4.95
3.63
4.60
5.23
3.30
Separations:
Discharged—percent of no. on pay roll..
.18
.17
.18
.17
.20
.20
.20
.21
.19
.21
.20
.20
.18
Laid off
percent of no. on pay roll..
2.10
2.32
1.88
2.60
3.00
3.46
2.57
1.95
2.03
2.58
2.70
2.89
2.66
Voluntary quits
1.21
.76
.73
.71
.75
.93
.83
percent of no. on pay roll—
.90
1.05
.77
.86
.89
.69
PAY BOLLS
Factory unadj. (B. L. S.) *§—.1923-25= 100..
72.2
•64.3
69.1
66.4
"65.4
•70.8
70.8
68.5
"69.7
•72.2
75.0
74.5
76.6
Durable goods group*§
1923-25= 100—
58.6
60.5
61.8
60.1
57.6
55.6
58.9
68.1
66.3
•70.1
64.3
52.5
60.6
Iron and steel and products
59.4
64.4
1923-25=100..
51.9
59.0
59.3
59.4
•58.3
55.7
62.7
65.5
52.6
65.1
•68.8
Blast furnaces and steel works
53.9
52.4
64.2
1923-25=10067.6
63.8
63.3
62.3
61.1
66.4
56.8
66.1
61.6
•72.0
Structural and metal work
45.4
39.5
42.2
1923-25=100..
37.6
38.7
39.8
40.9
40.7
46.0
43.9
45.6
44.7
45.0
92.3
Tin cans, etc
1923-25=100—
80.7
77.3
97.7
83.3
85.4
87.0
93.8
100.2
103.6
105.7
91.5
91.5
Lumber and products
1923-25=100..
41.1
34.8
31.7
38.3
36.3
37.5
34.8
36.3
48.6
44.4
47.3
45.0
•44.2
Furniture
1923-25= 100..
47.1
51.8
43.5
48.4
49.7
49.2
47.1
48.5
63.0
56.0
60.2
59.3
58.4
25.3
Millwork
1923-25= 100..
36.0
23.0
34.2
25.8
27.7
29.1
31.5
41.9
37.7
40.8
39.6
39.0
21.4
Sawmills
1923-25=100..
25.2
19.1
23.3
22.4
23.7
20.1
20.9
29.5
27.9
29.4
26.5
•25.9
54.2
60.5
52.7
57.5
Turpentine and rosin
1923-25= 100..
52.3
57.9
57.3
59.9
64.6
59.3
59.3
65.8
64.4
° Revised.
v1 Preliminary.
Temporarily discontinued by the reporting source.
* 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.
• 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 on p. 16 of the January 1936 issue.
The revised series on dyeing and cleaning and laundry employment shown in the August 1935 issue have been dropped by the B. L. S. and the publication of the
Digitized for± FRASER
original series resumed.
30
SUEVEY OF CURRENT BUSINESS
Monthly statistics through December, 1931, 1936
together with explanatory footnotes and references to the sources of the data, may be found
Februin the 1932 Annual Supplement to the Survey January January
ary
March 1936
1935
March
April
May
June
July
DecemAugust SeptemOctober November
ber
ber
EMPLOYMENT CONDITIONS AND WAGES—Continued
PAY ROLLS—Continued
Factory unadjusted—Continued.
Durable goods group—Continued.
Machinery
1923-25=100..
Agricultural implements_1923-25=100__
Electrical machinery, etc. 1923-25=100Foundry and machine shop products
1923-25=100Radios and phonographs_1923-25=100Metals, nonferrous §
1923-25=100Aluminum manufactures §
1923-25=100-
Brass, bronze, copper products
1923-25=100..
Stamped and enamel ware §
1923-25=100..
Railroad repair shops
1923-25=100..
Electric railroads
_ .1923-25=100S team railroads
1923-25=100.
Stone, clay, and glass products
1923-25=100Brick, tile, and terra cotta
1923-25=100Cement
1923-25=100Glass
1923-25=100Transportation equipment .1923-25=100—
Automobiles
1923-25 = 100Cars, electric and steam. 1923-25=100Shipbuilding
_. 1923-25 = 100Nondurable goods group* §-1923-25 = 100..
Chemicals and products... 1923-25=100..
Chemicals
-1923-25=100Druggists' preparations._1923-25=100..
Paints and varnishes
1923-25=100Petroleum 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=100..
Boots and shoes
1923-25=100..
Leather
—
1923-25=100. _
Paper and printing
1923-25=100..
Paper and pulp
1923-25=100..
TJnbbpr nroducts§
1923-25 = 100..
Rubber tires and tubes.. 1923-25=100..
Textiles and products
1923-25=100..
Fabrics
- .1923-25=100..
Wearing apparel1923-25=100—
Tobacco manufactures
1923-25=100..
Factory by cities:
Baltimore*
1929-31 = 100..
Chicago*
1925-27=100..
Milwaukee*
1925-27=100..
New York*
1925-27=100..
Philadelphia* t
.1923-25 = 100..
Pittsburgh*!
1923-25 = 100—
Factory by States:
Delaware!
--1923-25=100..
Illinois*
1925-27=100..
Maryland*
1929-31 = 100..
Mn«?saohusetts*t
1925-27=100 _
New Jerseyt
1923-25=100..
New York
___ 1925-27 = 100Pennsylvaniaf
1923-25=100.
Wisconsin
- .1925-27=100.
Nonmanufacturing (B. L. S.):
Mining:
Anthracite
-- 1929=100.
T^itnrninous CO3.1
1929 = 100
Metalliferous
1929=100.
Petroleum, crude production
1929=100.
Quarrying and nonmetallic. 1929 = 100.
78.3
162.0
61.3
60.8
97.5
52.4
«64.1
100.9
55.0
66.9
113.7
57.2
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
66.7
125.9
72.7
51.5
111.8
58.7
55.7
103.2
63.7
57.5
110.6
65.0
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
68.1
143.1
79.4
74.6
58.1
66.8
69.6
69.3
68.0
64.6
58.3
65.8
69.6
76.0
77.0
76.'
71.3
58.3
63.2
64.0
64.1
61.5
60.0
57.5
61.1
65.8
72.5
72.9
73.^
90.8
52.2
60.7
51.7
76.2
43.8
58.0
42.9
85.2
48.0
59.7
47.2
89.7
49.6
60.7
48.9
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
89.8
49.1
59.1
48.5
99.9
53.1
60.0
52.7
101.0
54.5
59.3
54.2
102.?
57.1
61.8
56. {
40.9
42.2
44. (
38.0
31.6
34.8
37.4
39.3
40.3
40.5
38.9
44.5
43.9
20.0
23.4
82.3
89.7
99.6
51.8
79.2
82.3
97.9
99.7
95.3
91.8
99.3
264.4
87.3
99.0
147.0
13.0
21.2
69.9
79.4
92.2
31.7
56.2
a 79. 3
91.6
90.8
96.8
79.4
95.2
245.4
a 83. 7
89.6
133.4
15.0
22.1
75.6
94.7
110.3
43.4
59.7
a 82. 6
93.2
91.0
97.9
83.7
95.3
252.3
° 83. 8
93.7
137.2
16.3
25.0
81.3
98.2
112.7
54.5
63.8
« 83. 9
96.1
93.7
95.9
86.2
96.4
252.3
» 83. 3
93.7
146.9
16.3
31.9
82.7
102.7
117.1
65.1
62.0
a 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
96.8
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
a 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
a 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
a 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
a 82. 7
99.1
101.9
94.7
94.0
98.8
263.3
a 91. 9
99.7
151.2
81.7
79.0
72.5
99.7
88.2
91.7
70.3
59.9
79.2
80.1
72.6
41.7
84.0
76.4
72.5
88.5
83.4
83.5
69.4
62.2
78.5
82.2
66.6
41.5
76.5
82.5
79.2
92.6
84.1
86.8
71.9
65.7
84.5
84.5
79.5
40.8
73.5
84.1
80.7
94.2
84.5
88.4
70.6
62.7
86.8
83.3
88.5
44.3
74.3
79.1
75.1
91.4
84.6
a 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
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.
° 75.
a 66.
103.
91.
94.
a 74.
a 63.
a 81.
a 85.
a 70.
49.
78.1
51.2
84.5
63.6
77.9
71.6
65.2
45.6
67.7
58.6
« 72. 3
« 57. 2
72.0
48.4
73.4
60.9
a 72. 8
a 64. 3
76.1
48.8
75.2
65.3
a 75.1
a 65. 9
78.5
48.5
78.5
63.7
° 75. 0
a 66. 4
77.0
47.4
77.2
59.7
73.0
« 65.4
76.4
46.7
76.3
57.4
a 73. 2
a 60. 8
73.9
45.9
77.9
56.8
« 72. 3
a 56. 7
77.1
46.7
77.5
62.3
a 76. 4
65.8
81.6
48.8
82.6
67.1
« 79. 6
67.0
80.4
49.6
82.7
66.7
a 81.0
a 76. 2
79.3
48.9
84.5
63.4
a 79. 7
a
74. 5
° 80.
50.
86.
64.
80.
74.
71.9
57.4
81.9
62.0
65.2
64.4
65.6
75.2
61.7
48.8
70.9
58.7
58.1
58.3
° 58. 2
62.0
62.8
52.7
78.0
60.8
59.5
60.9
a 62.0
67.3
61.5
54.1
81.0
62.3
61.5
63.1
a 63. 7
69.3
62.5
54.6
82.5
60.9
60.8
62.9
a 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
56.8
59.2
60.2
59.8
70.5
65.1
51.8
77.1
57.3
58.8
59.5
a 58.0
76.2
70.8
53.5
SO. 6
59.8
63.3
62.5
a 63. 9
74.3
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
a 70. 3
77.1
69.2
56.5
82.5
59.8
68.1
64.3
-68.4
75.8
72.
58.
a 83.
63.
68.
65.
a 68.
77.
54.4
70.2
41.7
57.5
59.6
30.1
64.3
66.1
29.9
38.9
67.5
30.9
49.9
45.0
31.8
49.5
49.1
31.4
66.0
64.7
31.5
37.5
35.6
31.2
28.3
45.8
33.4
38.2
60.1
35.4
55.9
69.8
38.7
28.4
° 65. 5
39.6
55.
« 69.
43.
55.7
25.5
55.5
20.8
54.9
22.2
56.0
24.9
56.7
28.9
57.8
32.8
59.2
33.8
59.9
34.4
58.9
36.3
60.9
35.4
57.9
36.5
56.9
32.1
« 59.
29.
84.6
64.5
74.9
78.0
62.9
73.9
78.3
63.1
72.9
79.4
63.4
75.3
79.0
63.3
73.1
79.8
63.6
73.7
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
a 83. 4
63.8
74.9
86
66
75
62.0
66.6
59.7
63.9
59.3
64.6
60.4
65.2
62.5
64.8
62.0
64.6
62.5
64.6
60.5
64.6
59.3
64.8
62.5
67.2
63.2
66.8
63.4
66.9
69
68
51.6
64.9
68.3
50.4
62.2
63.9
49.8
63.5
64.1
53.5
63.9
64.6
61.9
a 63. 6
65.5
61.7
a 63. 7
66.6
65.7
63.5
68.2
61.5
62.1
70.9
58.2
62.0
69.2
63.1
63.1
67.9
61.1
64.3
67.1
55.4
64.8
66.7
52
64
67
23.1
31.
94.1
* 104. <
118.*
55.'
° 77.
a 85.
a 100. \
102.
97.
a 93.
•104.
268.
° 90.
99.
147.
JrUDllC Utilities.
Electric light and power and manufactured eas
. 1929=100.
Electric railroads
1929=100.
Telephone and telegraph... 1929=100.
Trade:
Retail t
.1929=100.
Wholesalet
1929=100.
Miscellaneous:
Dyeing and cleaning*!*
1929=100.
Hotelst
1929 = 100.
Laundries*f»
1929=100.
•For^earlier data on the following subjects, refer to the indicated pages of the monthly issues as follows: Pay rolls, Baltimore, p. 18, December 1932; pay rolls, Chicago,
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.
A Revised data on Illinois pay rolls from April 1929 to December 1932 will be shown in a subsequent issue.
, T r. n • *•
• 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 pub1Ca
§°Data hav^been revised for the period January 1933-September 1935. Revisions not shown in the November 1935 issue, appear on p. 16 of the January 1936 issue.
31
SURVEY OF CURRENT BUSINESS
March 1936
Monthly statistics through December 1931, 1936
together with explanatory footnotes and references to the sources of the data, may be found
in the 1932 Annual Supplement to the Survey January January
1935
February
March
April
May
June
July
DecemAugust SeptemOctober November
ber
ber
EMPLOYMENT CONDITIONS AND WAGES—Continued
W A G E S - E A R N I N G S AND RATES
Factory, weekly earnings (25 industries) :*t<?
All wage earners
dollars..
Male:
Skilled and semiskilleddollars..
Unskilled—.
dollars..
Female.—
dollars..
All wage earners
1923=100..
Male:
Skilled and semiskilled
1923=100..
Unskilled
1923=100Female
1923=100Factory, av. hourly earnings (25 industries) :*t<?
All wage earners
.dollars..
Male:
Skilled and semiskilled—
dollarsUnskilled
dollarsFemale.
dollars..
Factory, weekly earnings, by States:
Delaware
1923-25=100Illinois
1925-27=100..
Massachusetts*t
1925-27=100New Jersey
1923-25=100New York
1925-27=100Pennsylvania
__
1923-25=100Wisconsin
1925-27=100.Miscellaneous data:
Construction wage rates:*§
Common labor (E. N. R.).do\. per hour..
Skilled labor (E. N. i2.)__dol. per h o u r Farm wages, without board (quarterly)
dol. per month.
Railroads, wages
dol. per hour.
Eoad-building wages, common labor:#
United States
dol. per hour..
East North Central
dol. per hour..
East South Central
dol. per h o u r Middle Atlantic
dol. per hour..
Mountain States
dol. per h o u r New England
dol. per hour..
Pacific States
dol. per hour..
South Atlantic
dol. per hour_.
West North Central
_dol. per h o u r West South Central
dol. per hour—
Steel industry:
U. S. Steel Corporation
dol. per hour—
Youngstown district._.percent base scale..
23.07
21.61
22.09
21.86
21.93
21.76
21.46
21.75
22.32
22.58
23.12
23.31
°23.47
26.04
19.01
15.19
86.7
23.95
17.65
15.21
81.2
24.64
18.03
15.46
83.0
24.25
17.85
15.47
82.1
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
84.5
85.3
88.1
77.8
79.2
88.2
80.0
80.9
89.7
78.7
80.1
89.7
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
.600
.594
.595
.597
.598
.599
.599
.598
.601
.601
.602
.604
.605
.663
.493
.431
.656
.491
.430
.659
.490
.431
.659
.494
.433
.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
84.6
81.6
87.0
95.4
85.7
85.0
86.2
77.1
74.4
83.8
89.1
82.6
78.1
74.3
79.6
77.1
84.9
90.4
83.3
81.4
78.4
78.6
77.7
86.0
°91.9
85.0
82.4
79.3
78.3
77.3
84.8
91.3
84.1
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
80.8
°76.5
77.3
84.3
90.6
82.6
76.5
81.2
°72.6
78.2
85.8
93.1
84.7
83.0
81.2
°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
84.8
°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
.547
1.12
.538
1.11
.524
1.10
.524
1.11
.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
.647
. 667
28 82
. 647
.676
. 669
30.08
.670
. 662
.658
30.38
.669
. 667
.682
28.63
.685
.40
.58
.30
.44
.55
.48
.60
.31
.48
.37
.39
.52
.30
.42
.55
.43
.57
.31
.47
.35
.39
.53
.30
.44
.55
.45
.55
.31
.47
.36
.39
.52
.30
.44
.55
.47
.55
.31
.46
.37
.40
.53
.30
.43
.56
.45
.55
.31
.46
.37
.41
.53
.30
.43
.56
.43
.55
.31
.47
.37
.42
.53
.30
.43
.57
.43
.56
.31
.47
.37
.42
.53
.30
.43
.57
.43
.57
.31
.47
.36
.42
.54
.30
.43
.57
.44
.57
.31
.47
.36
.42
.54
.30
.43
.57
.46
.57
.31
.47
.36
.42
.54
.30
.44
.57
.46
.58
.32
.47
.36
.42
.55
.30
.44
.57
.47
.59
.32
.48
.36
.41
.55
.30
.44
.56
.48
.60
.33
.485
115.0
.485
115.0
.485
115.0
.485
115.0
.485
115.0
.485
115.0
.485
115.0
.485
115.0
.485
115.0
.485
115.0
.485
115.0
.485
115.0
.485
115.0
FINANCE
BANKING
Acceptances and com'l paper outstanding:
Bankers' acceptances, total..mills, of dol..
Held by Federal Reserve banks:
For own account.
mills, of dol—
For foreign correspondents
mills, of dol _
Held by group of accepting banks, total
mills, of d o l . .
Own bills
mills, of dol—
Purchased bills
mills, of dol—
Held b y others
mills, of dol—
Com'l paper outstanding
mills, of dol._
Agricultural loans outstanding:
F a r m mortgages:
Federal land banks
mills, of d o L .
Joint stock-land banks J
mills, of dol—
Land-bank commissioner*.mills. of dol—
Federal intermediate credit bank loans to
and discounts for:A
Regional agricultural credit corp's a n d
production credit ass'ns_.mills. of dol—
All other institutions
mills, of d o l . .
Other loans:
Agricultural marketing act revolving
fund loans to cooperatives!
mills, of d o L .
Banks for cooperatives, incl. Central
Bank*
mills, of d o l . .
Emergency crop loans*
mills, of dol—
Prod cred ass'ns*
mills of dol
Regional ag. credit corp.*—mills, of dol—
384
516
493
466
413
375
343
321
322
328
363
387
397
353
181
172
31
178
485
238
247
30
171
452
217
235
41
177
423
197
226
43
182
391
178
214
22
175
356
162
193
19
173
317
154
163
26
159
296
148
148
24
164
292
145
147
30
177
301
148
154
27
183
339
178
161
24
180
358
182
175
29
178
368
183
185
29
172
2,066
170
803
1,943
246
643
1,961
239
665
1,975
230
687
1, 976
223
697
1,998
215
716
2.017
208
733
2,024
201
743
2,036
195
755
2,047
190
765
2,059
184
111
2,066
180
786
2,072
176
795
105
49
100
88
103
87
115
86
124
89
130
83
131
68
129
64
125
64
115
60
101
53
100
50
105
49
44
54
50
50
50
47
49
49
46
47
46
45
44
47
105
96
41
28
77
65
85
29
76
71
82
28
75
86
80
30
95
97
78
32
124
105
77
24
126
110
73
25
127
113
69
31
125
112
65
43
122
105
59
48
114
96
52
51
109
94
46
50
107
97
43
°Revised.
tRevised 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 reclassified and removed from the agricultural category.
c?Data for 1934 revised. See pp. 30 and 56 of the May 1935 issue.
Construction wage rates as of Feb. 1, 1936—common labor, $0,547; skilled labor, $1.12.
#Beginnmg with March 1932 data are based on Federal-aid and State projects; before that time the data are based on Federal-aid projects.
JJoint-stock land banks in liquidation.
*New series. For earlier data on the following subjects, refer to the indicated pages of the monthly issues as follows: Factory weekly earnings for period of January
1927 through August 1932, p. 20, October 1932; factory hourly earnings for January 1926-December 1931, p. 18, December 1932; weekly earnings Massachusetts for Jaunary
1926-December 1931, p. 18, December 1932; construction wage rates for January 1922-July 1933, p. 19, September 1933. Additional series on agricultural loans were first
included in the June 1934 issue for land-bank commissioner for period July 1933-April 1934. Additional series were also included in this issue for banks for cooperatives
including central bank and production credit associations for the period October 1923-April 1934, and emergency crop loans and regional agricultural credit corporations for
April 1933-April 1934. Data for emergency crop loans for fiscal years from June 1922-June 1931 and monthly periods January 1932-March 1933 and regional credit corporations for October 1932-March 1933 will be shown in a subsequent issue.
A Break-down of figures shown in issues up to November 1934.
32
SURVEY OF CURRENT BUSINESS
Monthly statistics through December 1931, 1936
together with explanatory footnotes and references to the sources of the data, may be found
Februin the 1932 Annual Supplement to the Survey. January January ary
March 1936
1935
March
May
April
June
July
31, 581
15, 667
15,914
33,394
16, 737
16, 657
October Novem- Deeem-
August
FINANCE—Continued
BANKING—Continued
Bank debits, total
.mills, of dol— 35,424
New York City
mills, of dol _ 17,925
Outside New York City
mills, of dol_. 17,499
Brokers' loans:
Reported by N. Y. Stock Exchange
925
mills, of doL.
1.84
Ratio to market value
percent..
By reporting member banks:
To brokers and dealers in N. Y.*
893
mills, of dol__
To brokers and dealers outside N. Y.*
171
mills, of dol..
Federal Reserve banks:
Assets total
mills, of dol._ 11,088
Reserve bank credit outstanding
mills, of doL. 2,479
5
Bills bought
__ mills, of dol..
9
Bills discounted
mills, of dol._
2,430
United States securities.-mills. of dol_.
Reserves, total—
.mills, of dol.. 8,006
Gold reserves §
mills, of dol._ 7,668
Liabilities, total...
mills, of dol.. 11,088
Deposits, total
mills, of doL_ 6,617
Member bank reserves
mills, of dol._ 5,860
Excess reserves (est.)*_. .mills, of dol._ 3,084
Notes in circulation
_..mills, of doL. 3, 633
78.1
Reserve ratio
percent._
Federal Reserve reporting member banks :1
Deposits:
Demand, adjusted^
mills, of dol_. 14,017
Time
mills, of dol_. 4,888
Investments
mills, of doL. 12,996
U. S. Gov. direct obligations*
mills, of doL. 8,655
U. S. Gov. guaranteed issues*
mills, of dol_. 1,172
Other securities* .
mills, of dol.. 3,169
Loans, total
mills, of dol.. 7,999
Acceptances and commercial paper*
mills, of dol. .
360
On real estate *
mills, of dol.. 1,142
65
To banks
.mills, of doL.
On securities
mills, of dol.. 3,128
Other loans*
mills, of dol.. 3,304
Interest rates:
Acceptances, bankers' prime
percent..
Vs
Bank rates to customers:*
In New York City
percent..
In eight other northern and eastern
cities
percent..
In twenty-seven southern and western
cities
percent..
.75
Call loans, renewal
percent..
Com'l paper, prime (4-6 mos.)...percent..
%
1.50
Discount rate, N. Y. F. R. Bank, .percent..
4.00
Federal Land bank loans*
percent..
2.00
Intermediate credit bank loans...percent..
1
Time loans, 90 days.
percent..
Savings deposits:
5,177
New York State
mills, of dol._
U. S. Postal Savings:
Bal. to credit of depositors.thous. of dol.. 1,207,971
Bal. on deposit in banks.-thous. of doL. 243,702
FAILURESc?
Commercial failures:
Total
number. . 1,077
69
\gents and brokers.number__
225
Manufacturers, total ._ .
number10
Chemicals, drugs, and paints.number..
29
Foodstuffs and tobacco
number..
8
Leather and manufactures...number..
38
Lumber
number .
17
Metals and machinery
number. .
9
Printing and engraving
number..
5
Stone, clay, and glass
number..
42
Textiles _
number..
67
Miscellaneous
number..
-29,980
14,997
° 14,983
25, 730
12,549
13,181
31, 744
15,895
15, 849
31,651
15, 905
15, 746
30,206
14,551
15, 655
30, 376
14, 733
15, 643
29,141
14, 014
15,127
32, 695
15, 733
16,962
32,344 ° 36, 373
17,684
15,542
16,802 " 18, 689
825
816
773
805
793
809
769
772
781
792
846
938
2.50
2.54
2.50
2.40
2.29
2.23
1.98
1.94
1.93
1.84
1.88
2.00
718
740
741
881
864
921
825
778
846
779
850
980
173
172
176
192
176
183
170
160
169
152
173
183
8,719
8,873
8,833
9,096
9,165
9,529
9,556
9,749
9,872
10,416
10, 780
11,026
2,461
2,465
2,471
2,468
2,469
2,480
2,465
2,485
2,477
2,482
2,480
2,486
2,430
5,680
5,405
8,719
4,810
4,543
2,206
3,085
72.0
2,430
5,807
5,559
8,873
4,889
4,587
2,199
3,154
72.2
2,437
5,825
5, 592
8,833
4,893
4,247
1,846
3,166
72.3
2,430
6,014
5,769
9,096
5,084
4,715
2,253
3,153
73.0
2,430
6,108
5,901
9,165
5,146
4,832
2,318
3,189
73.3
2,433
6,426
6,203
9,529
5,406
4,979
2,414
3,258
74.2
2,430
6,515
6,246
9,556
5,478
5,100
2,513
3,262
74.5
2,432
6,716
6,502
9,749
5,562
5,305
2,738
3,399
74.9
2,430
6,838
6,633
9,872
5,613
5,254
2,600
3,474
75.3
2,430
7,285
7,053
10,416
5,999
5,648
2,970
3,532
76.4
2,430
7,566
7,347
10, 780
6,166
5,835
3,180
3,647
77.1
2,431
7,835
7,571
11, 026
6,386
5,587
2,850
3,709
77.6
11,683
4,860
11,481
11,793
4,878
11, 520
11, 688
4,910
11, 709
12, 231
4,991
11,804
12, 556
4,935
11,676
12,921
4,842
11,791
12,962
4,856
12, 034
13, 263
4,839
12, 022
13,246
4,890
12, 390
13, 598
4,899
12,476
14,018
4,872
12,480
13,887
4,911
12, 646
7,810
7,791
7,858
7,902
7,778
7,824
7,947
7,877
8,183
8,177
8,301
8,468
664
731
772
782
791
972
3,007
8,023
2,998
8,061
3.079
8,084
3,120
8,155
3,107
8, 111
2,995
8,037
1,017
3,070
7,811
1,035
3,110
7,817
1,094
3,113
8,030
1,133
3,166
7,902
1,137
3,042
8,152
1,126
3,052
8,249
6
7
6
6
5
8
5
6
5
8
5
6
5
7
5
11
5
10
5
6
5
6
5
5
446
445
440
403
375
322
306
310
324
329
353
362
1,129
1,123
1,122
1,119
1,157
1,147
1,136
1,135
1,144
1,146
1,140
1,136
3,132
3,194
3,105
3,270
3,219
3,300
3,219
3,300
3,156
3,261
3,208
3,277
3,076
3,190
3,009
3,288
3,095
3,380
3,006
3,340
3,108
3,401
3,274
3,401
122
118
120
114
162
83
103
75
87
81
150
76
/ 8
H
3-s
y*
Ks
2.83
2.90
2.64
2.61
2.69
2.66
2.61
2.67
2.72
2.72
2.77
2.61
4.08
4.02
4.05
3.99
3.88
3.78
3.87
3.79
3.75
3.75
3.63
3.67
4.95
1.00
4.84
1.00
4.85
1.00
4.80
4.79
4.76
4.58
4.63
4.51
4.55
4.51
4.55
1.50
4.33
2.00
%
1.50
4.25
2.00
1.50
4.00
2.00
%
1.50
4.00
2.00
1.50
4.00
2.00
1.50
4.00
2.00
1.50
4.00
2.00
1.50
4.00
2.00
5,154
5,187
Vs
.64
Vs
.25
1.50
5.00
2.00
1.50
5.00
2.00
1.50
5.00
2.00
M-i
K-l
H
5,142
5,147
5,185
5,158
5,152
%-l
%-l
Vs
.25
1.50
4.19
2.00
l
A
5,187
y%
.25
.25
H
X
5,161
5,152
A
.25
H
5,179
.29
14,
5,161
y%
.75
1
.75
1
1,200,767 1,205,429 1,202,657 1,200,425 1,205,201 1,204,844 1,189,490 1,191,754 1,191,677 1,196,427 1,198,801 1,201,378
508,312 490, 653 477, 111 451, 563 411,714 384,510 363,001 347,870 318, 513 305, 778 277,102 263, 633
1,184
89
269
10
32
5
28
37
15
11
43
88
1,005
116
229
10
15
9
32
25
10
8
40
80
976
99
223
6
17
9
33
26
9
9
24
93
1,115
1,027
21
14
41
28
17
8
27
97
37
93
78
260
92
243
9
21
11
28
27
10
961
76
228
6
32
9
17
29
4
12
31
88
931
74
237
4
20
9
33
27
7
11
51
75
910
65
197
1
26
1
23
23
9
16
26
72
806
57
189
8
21
9
12
15
11
4
30
79
1,097
100
287
6
28
8
35
38
12
12
46
102
927
77
235
8
22
10
29
29
8
9
47
73
940
79
245
9
21
8
27
22
9
9
45
95
*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 this issue. For new series on bank rates to customers see p. 19 of this 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 on break-down of "Investments" and total loans. These 3 series represent a break-down of the investment total. Monthly data previous to October 1934 not available. Data on acceptances
and commercial paper, on real estate, to banks and other loans represent a break-down of the "All other" loans total which was published prior to Oct. 1,1935.
§Figures subsequent to December 1933 represent gold certificates on hand and due from Treasury, plus redemption fund.
JMethod of computing net demand deposits subject to reserve was changed by the "Banking Act of 1935" approved Aug. 23,1935. Consequentlyfiguressince 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.
TData 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.
cf Effective January 1936, classifications have been changed to exclude certainfinancialfailures and thus to limit the data more strictly to commercial failures. Change
affects only the agents and brokers totals, and the grand total. Figures for these two groups for January 1935, comparable with January 1936 are as follows: Agents and
brokers, number 51; liabilities, $1,155,000. Grand total, number, 1,146; liabilities, $14,603,000.
March 1936
33
SURVEY OF CURRENT BUSINESS
Monthly statistics through December 1931, 1 9 3 6
together with explanatory footnotes and references to the sources of the data, may be found
Februin the 1932 Annual Supplement to the Survey January January
ary
1935
March
April
May
June
July
DecemOctober NovemAugust September
ber
ber
FINANCE—Continued
FAILUKESi-Continued
Commercial failures—Continued.
Total—Continued.
Traders, total
number.
Books and paper
numberChemicals, drugs, and paints
number.
Clothing
number.
Food and tobacco.
number.
General stores
number.
Household furnishings
number.
Miscellaneous.
.number.
Liabilities, total
.thous. of dol.
Agents and brokers
thous. of dol.
Manufacturers, total.
thous. of dol.
Chemicals, drugs, paints
thous. of dol.
Foodstuffs and tobacco..thous. of dol.
Leather and manufactures
thous. of dol.
Lumber
thous. of dol.
Metals and machinery.-thous. of dol.
Printing and engraving..thous. of dol.
Stone, clay, and glass. ..thous. of dol.
Textiles
thous. of dol.
Miscellaneous
thous. of dol.
Traders, total..
thous. of dol.
Books and paper
thous. of dol.
Chemicals, drugs, paints
thous. of dol.
Clothing
thous. of dol.
Foods and tobacco
thous. of dol.
General stores
thous. of dol.
Household furnishings..thous. of dol.
Miscellaneous
thous. of dol.
LIFE INSURANCE
783
6
826
13
660
654
10
777
12
692
13
657
9
620
63
182
241
43
119
129
18,104
1,230
8,267
76
164
320
18
118
117
18,824
5,375
5,319
53
128
296
24
70
81
18, 738
4,722
6,383
56
86
293
26
87
96
18,523
5,006
6,842
47
110
345
33
103
127
18,064
2,673
5,601
85
330
25
71
88
15, 670
2,171
6,205
65
102
281
18
86
96
20,463
8,789
4,827
59
85
285
26
75
81
20,447
6,838
4,994
184
273
157
209
164
97
382
160
162
383
91
249
70
135
403
2,237
228
73
265
1,027
3,577
8,607
20
59
836
818
135
132
550
2,423
8,130
124
315
1,291
1,054
180
265
784
2,233
7,633
61
235
1,678
1,761
83
269
670
1,949
6,675
63
234
1,474
287
363
302
527
1,872
9,790
117
141
844
827
205
123
488
3,032
7,294
243
187
668
752
13
634
576
1,657
6,847
123
395
1,452
2,706
275
1,873
1,886
580
1,431
2,573
158
1,789
1,475
421
1,044
3,028
327
645
2,107
525
622
2,730
551
744
1,440
761
4,924
329
1,376
1,885
719
556
3,438
165
914
1,259
18, 382
4,717
883
3,834
(Association of Life Insurance Presidents)
Assets, admitted, totalf
mills, of dol.
18,176
18, 247 18,302
Mortgage loans..
mills, of dol.
4,765
4,877
4,819
Farm..
mills, of dol.
917
898
932
Other
mills, of dol.
3,902
3,867
3,945
Bonds and stocks held (book value):
mills, of dol.
8,097
7,948
8,016
Government
mills, of dol.
3,013
2,878
2,959
Public utility
_
mills, of dol.
1,829
1,805
1,812
Railroad
mills, of dol.
2,637
2,630
2,635
OtherA-.mills, of dol.
618
635
610
Policy loans and premium notes
mills, of dol.
2,861
2,854
2,846
Insurance written:!
Policies and certificates
thousands.
949
1,051
1,054
1,185
Group.
thousands.
30
24
14
23
Industrial. __
...thousands.
703
745
790
Ordinary
..thousands.
216
282
250
Value, total.
.thous. of dol. 681, 506 824,903 721,391 768, 491
Group
thous. of dol. 40,981 27, 348 20,388 30, 611
Industrial
thous. of dol. 193,344 196, 255 209,017 235, 261
Ordinary
.thous. of dol. 447,181 601, 300 491,986 502, 619
Premium collections!
thous. of dol.
302,195 244, 330 252,456
Annuities.
_
thous. of dol.
71, 797 27, 352 26, 605
Group
thous. of dol.
8,785
10,114
9,864
Industrial
thous. of dol.
52, 549 53,512 54,257
Ordinary...
thous. of dol.
167,985 154, 681 161,480
(Life Insurance Sales Research Bureau)
Insurance written, ordinary, total
mills, of dol.
Eastern district
mills, of dol.
Far Western district
mills, of dol_
Southern district
mills, of dol.
Western district
mills, of dol.
Lapse rates.
1925-26=100.
479
203
49
54
173
645
305
55
70
215
534
231
53
61
189
545
233
54
64
194
560
5
710
14
615
616
3
53
114
282
24
66
100
17,846
5,138
5,853
41
65
270
23
59
97
21,838
7,386
4,212
57
116
357
14
61
91
22,244
6,072
7,658
51
83
269
23
94
88
20,023
6,355
6,929
49
123
269
31
58
83
17,442
3,210
6,345
126
221
303
121
257
443
136
192
135
339
784
956
145
579
765
2,838
8,615
43
1,201
102
454
786
2,293
6,855
59
276
111
233
90
187
587
2,204
10,240
27
115
2,237
486
460
432
1,014
2,536
8,514
142
366
794
123
111
909
3,905
6,739
30
71
1,430
357
121
144
672
3,123
7,988
17
823
588
2,288
235
1,317
1,423
496
1,064
3,734
200
1,109
1,969
419
688
2,997
232
678
1,782
327
1,107
5,561
203
1,863
1,152
1,040
4,270
79
698
1,921
350
527
3,247
284
665
1,435
331
933
4,153
411
739
1,404
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
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
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
2,841
2,834
2,829
2,821
2,813
2,807
2,797
2,786
2,777
1,047
942
1,229
1,034
1,022
1,161
25
20
65
24
26
167
775
692
764
°716
934
756
248
277
234
«206
269
238
904,149 651,193 573,481 728, 438 700,059 788,003
267, 582 26,524 22, 501 31,338 36,981
74, 606
203, 465 208, 508 190,044 233,988 207,408 187, 874
433,102 416,161 360, 936 463,112 455, 670 525, 523
1,151
32
854
265
733,870
37,495
228,188
468,187
1,103
1,047
38
28
804
769
261
250
732,188 697,471
50, 231 39, 537
215, 323 205,951
466, 634 451,983
252,982
255, 226 242,554 269,121 240,321 225, 617 '246,754 251, 726
33,800 30, 611 39,836 32, 591 24, 716 ° 31,413 33, 624
8,515
8,415
8,537 « 8, 546
9,567
9,281
54,002
48, 658 52,331
55,488 51, 561 53,941 49,789
163,802 151,197 164, 230 146,888 138, 423 '157,006 155, 585
29, 231
8,580
54, 625
160,546
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
576
233
64
69
210
118
MONETARY STATISTICS
Foreign exchange rates:#
Argentina*
dol. per paper peso..
.331
.326
.325
.322
.318
.326
.329
.328
.330
.331
.329
.327
.320
Belgium
dol. per belga..
.169
.233
.233
.169
.228
.169
.169
.169
.169
.169
.169
.168
.169
Brazil..
dol. per milreis..
.084
.082
.081
.083
.082
.083
.083
.0S4
.083
.084
.084
Canada
dol. per Canadian dol_.
.999
1.002
.999
.995
.991
.999
.999
.989
.993
.986
.990
Chile^ ._
dol. per peso..
.051
.051
.051
.051
.051
.051
.051
.051
.051
.051
.051
.051
.051
England
.dol. per £_. 4.96
4.89
4.87
L84
4.78
4.89
4.93
4.92
4.96
4.97
4.93
4.91
4.93
France
dol. per franc.
.066
.066
.066
.066
.066
.066
.066
.066
.066
.066
.066
.066
.066
Germany
dol. per reichsmark..
.404
.401
.401
.403
.404
.402
.404
.402
.404
.403
.402
.402
.402
India.
dol. per rupee..
.375
.369
.368
.364
.360
.369
.372
.371
.373
.375
.372
.370
.372
.083
Italy
dol. per lira..
.085
.085
.083
.083
.082
.083
.081
.082
.082
.081
.081
.081
.290
Japan..
dol. per yen..
.285
.284
.284
.280
.287
.290
.292
.293
.287 i .287
.287
.682
Netherlands
dol. per florin..
.675
.676
.675
.680
.676
.679
.678
.680
.678
.677
.678
.137
Spain....
.dol. per peseta..
.136
.137
.137
.137
.137
.137
.136
.137
.137
.137
.136
.137
.256
Sweden
_dol. per krona..
.252
.251
.249
.246
.252
.254
. 254
.256
.256
.253
.254
.254
.799
Uruguay...
dol. per peso..
.801
.802
.805
.801
.804
.802
.805
.802
.801
t See footnote on p. 32 marked "c? "
° Revised.
f Revised series. For earlier data see pp. 18,19, and 20 of the July 1933 issue, insurance written and admitted assets; p. 18 of the June 1933 issue, premium collections
1 The nominal official gold value of the Chilean peso was changed from 3 pence gold to iy2 pence gold as of Jan. 2, 1935.
# Par values of foreign currencies as given on pp. 86 and 87 of 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 thej M
Man
a r c h 1934
issui
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
SUEVEY OF CUEEENT BUSINESS
Monthly statistics through December 1931, 1936
together with explanatory footnotes and references to the sources of the data, may be found
in the 1932 Annual Supplement to the Survey January January
March 1936
1935
February
March
April
May
June
July
August j Se Pt« m - O e t o b e r | N ° - r m - | D ^ -
FINANCE—Continued
MONETARY STATISTICS—Continued
Gold and money:
Gold:
Monetary stocks, U. S
mills, of dol— 10,158
9,180
8,284
8,641
9,025
9,777
10,072
9,128
9,246
9,545
8,465
8,552
8, 755
Movement, foreign:
1,796
1,250
Net release from earmark .thous. of dol— —1,745
1,131
1,015 -1,864
573
-661 - 2 , 301 - 1 , 535
-423
236
170
102
242
Exports
thous. of dol_.
363
62
59
86
338
540
166
76
46
49
Imports
thous. of dol— 45,981 149, 755 122,817
13, 543 148,670 140,065 230, 538 16, 287 46, 085 156,805 314,424 210,810 190,180
Net gold imports, including gold released from earmarkA*thous. of dol—
150, 523 123,007
12, 342 146, 307 138, 481 231, 370 15,805 47, 779 157, 734 313,484 211,141 191, 260
Production, Rand
fine
ounces..
890,875 821, 246 882, 309 869,956 916, 035 889,026 927,803 929, 331 902, 333 931, 724 909, 550 906,496
Receipts at mint, domestic-fine ounces.. 120, 712 98, 590 79, 564 117, 786 97, 080 114,552 112,619 167, 667 155, 793 173,899 191,898 149,144 193,107
5,897
Money in circulation, total..mills, of dol—
5,576
5,651
5,500
5,522
5,770
5,757
5,411
5,550
5,704
5,477
5,439
5,507
Silver:
769
512
2,009
1,472
1,717
1,547
Exports
..thous. of dol—
253
260
1,248
1,661
1,593
3,128
2,885
60, 065 47, 603
Imports
thous. of dol— 58,483
30, 230 30,820 45, 689 48,898
19, 085 16, 351 20, 842 11,002
13, 501 10.444
.584
.664
.654
.654
Price at New York
__dol. perfineoz_.
.682
.678
.719
.654
.473
.544
.744
.590
.546
Production, world •
thous. offineoz—
17, 309 19, 927 18, 791 16, 801 ° 15, 534 « 22,185
14, 550 16, 072 15,157
16, 703 16,167
14,951
1,941
1,300
1,703
1,156
1,185
1,001
1,031
Canada
thous. offineoz— '""I," 244
1,148
1,531
1,896
905
966
3,844 ° 9, 600
8,553
6,454
7,444
5,192
5,237
Mexico
thous. offineoz._
5,432
6,892
5,193
6,640
5,107
3,814
3,352
3,170
2 579
3,548
4,008
United States
thous. offineoz— 4,497
2,387
2,722
2,693
3,411
2,950
Stocks, refinery, end of month:
1,487
1,943
1,691
1,058
2,351
United States
thous. offineoz_. 1. 109
2,372
1,076
1,369
3,280
1, 614
1, 853
1,576
1,746
570
1,842
Canada
thous. offineoz_.
1,605
2,112
1, 930
1,418
2,513
3,144
3,106
658
3,452
NET CORPORATION PROFITS
(Quarterly)
Profits, totalf
mills, of dol —
356.8
358.5
Industrial and mercantile, total
143.8
mills, of doL.
157, 8
115.2
36.8
Autos, parts and accessories-mills, of dol—
67.7
23.5
Foods
mills, of dol—
19.2
18.9
10.8
Metals and mining
mills, of dol—
P9.4
9.4
i. 2
Machinery
mills, of dol—
6.5
4.6
16.0
Oil
mills, of d o l P10. 6
2.9
4.2
Steel and railroad equip. _.mills, of dol—
47.6
Miscellaneous
mills, of dol—
6.5
35.6
Public utilities!
mills, of dol—
42.4
39.3
44.7
Railroads, class I (net railway operating
126.3
income)
...mills, of dol_.
110.0
47.4
Telephones (net op. income).mills, of doL.
48.3
PUBLIC FINANCE (FEDERAL)
29,421
29,033
Debt, gross, end of month
mills, of dol.. 30, 516 28,476 28,526 28, 817 28,668 28,638 28,701 29,120
29,462 29, 634 30, 557
Expenditures, total (incl. emergency) 3
thous. of dol— 487, 274 481,344 528,998 576, 224 815,151 '283.651 930, 747 847,317 701,774 457,776 870, 626 573, 013 694,383
Receipts, totali
thous. of dol._ 279,556 233,486 237, 248 645,605 267,822 266,178 496,042 301,883 330,301 586,339 288, 867 284, 636 479,722
29,704
33, 276 31, 226 29,123
Customs
—thous. of dol
28,177 29, 711 37,127
33, 599 26, 351 24,960 32,303
30,339
31,453
Internal revenue, total
thous. of dol— 183,765 194, 366 181,621 557, 304 194,083 206,677 427,906 236,962 229, 639 378,870 192, 218 184,096 275, 487
230,227
23,172
251,889
28, 213 21,753 228,999
Income tax
thous. of dol
22,321
36,061
23,963
24,835
33,310 321,908 24,385
Taxes from:*
Admissions to theaters, etc.
1,314
1,174
1,489
thous. of dol—
1,755
1,867
1,460
1,329
1,277
1,284
1,211
1,344
1,206
1,158
Capital stock transfers, etc.
f
1,934
2,132
2,925
3, 818
2,894
thous. of dol—
1,623
2,871
1,739
1,165
1,860
1,458
1,155
1,432
Sales of produce (future delivery)
263
367
299
282
275
thous. of doL.
264
262
238
277
224
256
319
188
571
319
643
730
Sales of radio sets, etc thous. of dol..
339
200
601
398
253
146
193
350
292
Reconstruction Finance Corporation loans
outstanding, end of month:|§
Grand total
thous. of dol.. 2,745,586 2,657,851 2,652,006 2,636,883 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
Total section 5 as amended
thous. of dol— 932, 097 1,251,295 1,217,078 1,179,938 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
Bank and trust companies, including
receivers
thous. of dol— 357, 775 591,633 564, 481 535, 362 519, 200 498,977 480,404 455,928 441,825 427,657 411, 729 387, 288 381,206
Building and loan associations
7,866
7,359
9,494
8,359
8,854
6, 743 15, 477 13,428
11,182
9,808
10,307
thous. of doL10,294
12,129
9,372
6,460
10,011
17, 628 17,163
6,075
19, 231 18,052
Insurance companies.-thous. of dol—
23,953
19,841
22, 526 21, 959 21,157
Mortgage loan companies
131,394
128,
215
131,
771
thous. of doL. 126, 826 155, 840 154,957 151,491 148,861 146, 257 145,551 139,972 136,396 132, 346
Railroads, incl. receivers
412,795
396,250
412,810
412,903
thous. of dol.. 393, 712 379, 464 379,702 380,199 386, 612 413, 414 414,344 413,338 413,350
All other under section 5
65, 252 64, 284 62,442 57, 710 55,659 50,798
67,824
84,928 81,984 78, 798 76, 702 72,193
thous. of dol._ 40,966
Total Emergency Relief and Construc724, 797 746, 800 751,487 758,373 732, 724
769,
395
700,359
478, 385 481,064 489, 673 502, 596 512, 671 614, 743
tion Act as amended-thous. of dol..
Self-liquidating projects
154,690 168,259 167, 266 173,139 146,309
153,684
148,
525
146,
457
125, 203 127, 604 132,134 134,268 137, 311
thous. of dol..
Financing of exports of agricultural
14,300 14, 300 14,027
14, 517 14,300
14,027
14,517
14,531
15,176
15,163
14,962 14, 926
14,953
surpluses
thous. of dol—
Financing of agricultural commodi274, 233 275, 761
272,118
267,142
257,969
305,
058
239,629
156,066
40, 288 40,579
55, 656 62,744
44,875
ties and livestock
thous. of dol—
Amounts made available for relief
296,
701 296, 627
296,803
297,099
297,
621
296,
626
297,688
297,
689
297,718
297,
718
297,
710
297,
690
297, 711
and work relief
thous. of dol—
Total Bank Conservation Act as
907,270
899,486
906,900
904,341
902,
629
905,168
903,508
905,
262
873,979
895,
904
900,
013
902,099
902,833
amended
thous. of dol—
Other loans and authorizations
125,720
133, 683
120,
548
116,
580
111,957
138,926
106,595
54,192 57,960 64, 439 78, 667 84,104 90,330
thous. of dol._
d
A Or exports (—).
« Revised.
v Preliminary.
Deficit
•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
i n 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;
a nd 1933, 77.5.
cT Series revised to include emergency expenditures. Figures as shown in SURVEY for months prior to May 1932 are comparable with this series. Comparable figures
or the period May 1932 to March 1933 are on p. 33 of the June 1934 issue. Later data are shown in monthly issues.
o The item of $333,245,378 carried by the Treasury as a credit under the trust funds for May 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 total of
receipts and expenditures.
JFor 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, $70,889 for December,
and $60,222 for January 1936, representing the increment resulting from reduction in weight of 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, sales of produce (future deli very), and sales of radios, seep. 20 of the Feb. 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, and Apr. 30, $500,000,000 disbursed for relief purposes under Emergency Appropriation
Act of 1935, and $10,000,000 purchase of stock in R. F. C. Mortgage Co. and $12,500,000 for preferred stock subscription in export-import banks.
fRevised series. See p. 19 of the July 1934 issue, corporation profits total for period 1928-35 and p. 20 of the October 1935 issue for public utilities, 1928-35. The data of
the Reconstruction Finance Corporation has been revised to include the statistics of certain loaning agencies of the Corporation not included heretofore and for revisions
http://fraser.stlouisfed.org/
made in recent audits. Revised data for February 1932-June 1935, inclusive, are shown on p. 20, of August 1935 issue.
Federal Reserve Bank of St. Louis
March 1936
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 January January
35
1935
February
March
April
May
June
July
DecemAugust SeptemOctober November
ber
ber
FINANCE—Continued
CAPITAL FLOTATIONS
New Security Registrations Fully
Effective
(Security and ] Exchange Commission)
Estimated gross proceeds:*
Total
thous. of doL. 275,696
154,597 140,208
11,044 36,843
530,475 254,062 319,874 406,087 289,772 212,085
Common stock
thous. of dol__ 27,278
5,742 83,333
37, 235 27, 690
25,425 55, 309 41,286
77, 428 24,986 62,151
Preferred stock
thous. of dol_.
3,125
1,367
15,714 31,047
2,380
32,316
7,080 20,873
2,034
25,550 24,547
Certificates of participation, etc.
thous. of doL. 11,027
3,935 32,505
1,505
4,777
205
2,767
25, 961 11, 503
6,235 83,700
Debentures and short term notes
thous. of dol_- 19,350
1,000
7, 515 29, 050
48,284 90,846 77,749 83, 558 31, 786 55,218
Secured bonds
thous. of doL- 214,916
352,253 102,181 157, 026 182, 357 194, 093 89,930
96, 675 74, 763 81, 229
875
Securities Issued
(Commercial and Financial Chronicle)
Total, all issues
thous. of dol_. 410,824 '141, 531 95,818 288,495 503,148 470,850 511,910 644,452 435,921 435,763 362,699 378,183 457,367
Domestic, total
thous. of dol_. 354,824 '141,531 95,818 288, 495 503,148 470,850 511,910 644,452 359,921 435, 763 362,699 378,183 417,367
Foreign, total
.thous. of doL. 56,000
76,000
0
0
0
40,000
0
0
0
0
0
0
0
Corporate, total
—thous. of doL. 273,907
7,726 29,791 120,165 155,878 126,760 129,164 541,975 209,862 275,854 252,395 250, 503 167,355
Industrial
thous. of dol_. 150,589
7,791
4,319
44, 750 21, 200 86,700 28,500 173,433 92,378 94, 707 65, 499 32,750 54,504
0
Investment trusts
thous. of doL.
4,000
0
0
0
0
0
0
0
0
2,000
0
Land, buildings, etc
thous. of doL.
482
0
0
568
5,660
600
250
250
0
0
0
325
475
Long-term issues
thous. of dol_.
568
0
0
0
0
0
0
0
0
0
325
0
Apartments and hotels
thous. of doL.
0
0
0
0
0
0
0
0
0
0
0
0
Office and commerciaLthous. of dol_.
0
0
0
0
0
0
0
0
0
0
0
0
Public utilities
thous. of doL. 28, 550
58,470 84,339
2,963
11,000
19, 500 88,164 338, 591 35,412 164,172 180, 644 217,153 83,343
Railroads
thous. of doL. 94, 519
651
0
0
0
16,945
12,500
73,412
16, 500
21,090
27,400 20,235
8,000
Miscellaneous
thous. of dol_.
0
444
0
29, 300
1,770
0
22, 372
3,000
0
6,168
0
3,000
Farm loan and Gov't agencies •
thous. of doL.
36,200
12, 500 20,000 195,500 267,394 319, 000 10, 500 85, 562 12,700 38,962 17,254 121,500
200
Municipal, States, etc
thous. of doL. 88,717 «97, 606 53, 527 148,330 151,770 76, 696 63,746 91,977 64,498 147,209 71,343 110,426 128, 512
Purpose of issue:
New capital, total
thous. of doL. 123,253 *92, 697 50,011 108,079 89, 850 86,395 58,083 134,127 151,537 177,139 145, 514 117,446 231,237
Domestic, total
thous. of doL. 115,253 "92, 697 50,011 108,079 89,850 86,395
58, 083 134,127 151, 537 177,139 145,514 117,446 231,237
Corporate
thous. of doL. 72,935
6,500
13, 676 55,090 29,795 45,087 73,003 33,289
66,738
5,267
7,945 21,988 45,193
Farm loan and Gov't agencies
thous. of doL.
85,262
15,000
0
40,290
0
0
0
0
0
3,500
0
6,000
Municipal, States, U. S. possessions,
etc
__thous. of doL. 50,318 «81,430 43, 511 100,134 64,362 41,202 44,407 83,322 36,480 132,052 57,512 84,157 124,210
Foreign
thous. of doL.
0
0
0
0
8,000
0
0
0
0
0
0
0
0
Refunding, total
thous. of dol_. 287, 571 "48,835 45,807 180,416 413,299 384,455 453,827 510,325 284,385 258, 624 217,185 260,737 226,130
Corporate
thous. of doL. 200,973
2,459 23,291 112, 220 113, 891 81, 567 115,488 486,885 180, 067 230, 767 179, 392 217,215 100, 617
Type of security, all issues:
Bonds and notes, total
thous. of doL. 406, 635 '139,529 95, 818 288,495 498,454 464,650 511,910 611,219 406, 559 431,936 344, 078 374,433 422,905
Corporate
thous. of doL. 273, 907
5,722 29,791 120,165 155, 879 120,560 129,164 508, 742 209,862 275,854 233,774 246, 753 167,355
Stocks
thous. of doL.
2,004
33,233
29,362
3,750 34,462
4,189
0
3,827 18,621
0
4,695
0
6,200
Bond Buyer
State and municipals:
Permanent (long term)
thous. of doL.
83,003
56,114 146,403 159,223
86,580 68,303 94,330 «52,743 '115,116 «70,228 '137,145 127, 070
Temporary (short term)
thous. of doL.
119, 686 50,946
64,496 84,680 34,427 36,037 83,796 32,941 «81, 713 124,087 16,061 30,298
COMMODITY MARKETS
Volume of trading in futures:*
Wheat
thous. of bu_. 448,466 479, 061 280,137
569,673
733,425 637,996 651, 755 1,157,598 917,282 901, 531 1,074,776
Corn
__
thous. of bu_. 53,744 255,041 161,519 227,792 329,843 240,347 219, 502 192,253 185,330 136,306 197,332 119,961 100,377
SECURITY MARKETS
B o n d s
Prices:
All listed bonds (N. Y. S.
E.).--..dollars91.08
93.59
90.62
91.62
90.54
90.23
91.30
90.69
91.71
89.93
91.85
91.29
89.49
Domestic issues
dollars..
93.69
92.81
93.07
92.84
96.16
93.94
94.12
92.65
93.35
93.35
92.95
94.47
91.79
Foreign issues
dollars..
79.84
78.12
77.62
79.74
76.73
80.87
80.94
80.17
81.06
79.50
79.03
77.80
78.45
Domestic (Dow-Jones) (40)
percent of par 4% bond..
81.82
86.50
86.02
78.37
79.60
81.08
81.95
81.90
79.51
83.16
79.00
83.52
Industrials (10)
percent of par 4% bond..
88.87
97.56
83.07
80.47
82.97
83.35
86.97
87.35
89.77
83. 75
81.20
92.38
Public utilities (10)
percent of par 4% bond..
92.08
92.83
98.45
89.07
90.09
89.87
91.81
91.36
92.61
89.26
89.91
92.96
Rails, high grade (10)
113.83
116.92
110.25
112.58 113.57 115.07
116.65
113.83
112.55
percent of par 4% bond..
112.52 111.42
114.32
Rails, second grade (10)
54.66
59.99
65.64
62.22
54.04
57.10
56.01
56.60
55.58
51.31
54.88
percent of par 4% bond.
56.93
106.5
104.2
Domestic! (Stand. Stat.) (60)
dollars..
103.1
104.5
101.3
101.3
100.0
101.2
102.2
104.2
101.9
99.9
103.5
107.52
U. S. Government (Stand. Stat.)*.dollars.. 106. 84 106.50 107.11
106.11
106.53
107.30
107.11
107.40 107.27
106.06
107.18
106. 45
63.93
64.49
Foreign (N. Y. Trust) (40)..percent of par..
61.79
63.43
70.10
68.96
66.07
65.92
62.36
65.61
62.71
65.07
59.93
Sales on registered exchanges (Security
and Exchange Commission)*
Total on all exchanges:*
Market value
thous. of doL. 443,203 386.403 267,818 346,665 319,926 335,465 289,247 283,146 323,438 271,503 302,178 296, 212 314,083
Par value..
thous. of doL. 622,471 440,554 316,436 402,856 404,335 429,924 377,319 363,194 414,036 333,012 387,152 405,138 448, 712
On New York Stock Exchange:!*
Market value
thous. of doL. 338,634 302,269 192,343 271,048 232,555 239,044 210,737 198,131 245,922 217, 726 229,642 217,954 239, 442
Par value
thous. of doL. 492,099 330,546 220,265 310,655 290,102 306,224 274,661 256,235 306,890 262,489 291,123 304, 219 352,057
Sales on the New York Exchange excl. of
stopped salesj (Dow-Jones):
Par value:
Total...
- t h o u s . of doL. 476,137
220, 265 310,655 265,990 284,155 263,350 235,675 286,903 249,795 275, 727 301,977 314,429
Liberty and Treasury bonds
thous. of doL. 33,118 94,716 48, 239 113,211
73,674 64,422 51,997 19, 252 20,464
60,483 61,840 42,175 23,471
8
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 Sept. 1934-Dec. 1935 and volume of trading in futures for the period Jan. 1919-Dec. 1935
are shown on p. 20 of this 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 began m Oct. 1934. Figures not shown appear in the annual report of the Securities and Exchange Commission dated June 30,1935.
X The difference in the figures covering bond sales on the New York Stock Exchange (par value) is due to stopped sales being included in the figures of the Securities
and Exchange Commission (total) beginning April 1935.
t Revised series on domestic bond prices for July 1931-Feb. 1933 appeared on pp. 19 and 33 of the April 1933 issue.
36
SURVEY OF CURRENT BUSINESS
Monthly statistics through December, 1331, 1936
together with explanatory footnotes and references to the sources of the data, may be found January January
in the 1982 Annual Supplement to the Survey
March 1936
1935
F
!^y U "
March
April
May-
June
July
tem
bP e r '
Ortohftr
uctober
Novem
"
ber
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
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
A 11211st
August
Se
FINANCE—Continued
SECURITY MARKETS—Continued
Bonds—Continued
Value, issues listed on N. 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 dol—
Yields:
Domestic (Standard Statistic ) (60) t
percent..
Industrials (15)
._ percentMunicipals (15)t
percent—
Public utilities (15)
percent -.
Railroads (15)
percent—
Doinestic» municipals (Bond Buyer) (20)
percent..
Domestic, U. S. Government:
U. S. Treasury bonds*
percent. _
Cash Dividend and Interest Payments
and Rates
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
35, 067
6,045
45,101
37, 676
7,425
40, 361
34, 584
5,776
5,884
43, 026
35, 694
7,332
39, 457
33, 597
5,860
4.32
4.75
3.45
4.44
4.63
4.32
4.75
3.39
4.41
4.72
4.41
4.76
3.27
4.44
5.15
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
3.11
3.61
3.55
3.37
3.39
3.46
3.31
3.25
3.34
3.51
3.34
3.23
2.68
2.83
2.73
2.64
2.61
2.61
2.59
2.66
2.78
2.77
2.73
130,960
323,523
219, 253 145,777
256,594
185,306
157,809
398,021
124, 225 296,470
6,735 27,053
193, 848 132,174
25, 405 13,603
239,561
17,033
181,997
151,055
6,754
369,279
28, 742
1,181.6 1,184.4 1,186.1 1,186.9 1,190.2 1,225.0
918. 42 918. 42 918. 42 918. 42 918. 42 918.42
1,230.6
918.42
1,243. 7 1,296. 5
918. 42 923.92
43,113
35,851
7,263
40, 348
34, 475
5,873
44,979
37, 478
7,501
41, 064
34, 984
6,080
3.99
4.29
2.93
4.09
4.63
Dividend payments (N. Y. Times)
thous. of dol— 228, 328
Industrial and miscellaneous
thous. of dol— 184,035
Railroad
thous. of dol— 44, 035
Dividend payments and rates (Moody's):
Dividend payments, annual payments at
current rate (600 companies)
mills, of dol— 1,313.4
Number of shares, adjusted.
millions.. 923.92
Dividend rate per share, weighted average
1.42
(600)...
dollars2.98
Banks (21)...
dollars..
1.28
Industrial (492)
dollars..
2.39
Insurance (21)
dollars..
1.86
Public utilities (30)
dollars..
1.21
Railroads (36)
dollarsStocks
Prices:
Dow-Jones:
145.9
Industrials (30)
dol. per share..
30.9
Public utilities (20)
dol. per share..
43.3
Railroads (20)
dol. per share..
116.06
New York Times (50)
dol. per s h a r e Industrials (25)
dol. per share.. 197. 67
34.46
Railroads (25)
dol. per s h a r e 101.7
Standard Statistics (421)
—1926=100..
116.0
Industrials (351)...
1926= 100..
99.1
Public utilities (37)
1926=10045.2
Railroads (33)
1926=100Standard statistics:
70.5
Banks, N. Y. (20)
1926=100..
107.5
Fire insurance (20)
1926 = 100Sales:
Market value of shares sold:
All registered exchanges, total*
thous. of dol— 2,439,219
On New York Stock Exchange*
t n o u s of d o l
Volume of shares sold:
~ 2,069,564
On all registered exchanges, total*
number— 119, 592
On New York stock exchange: t
Total (See. and Exch. Com.)
thous. of shares.. 87,502
Total excl. of odd lot and stopped sales
(New York Times)
thous. of shares.. 67, 211
Values, and shares listed, N. Y. S. E.:
Market value all listed shares.mills. of dol— 50,165
Number of shares listed. _
millions..
1,321
Yields:
Preferred, Standard Statistics:
Industrials, high grade (20)
percent—
5.10
Stockholders ( C o m m o n Stock)
American Tel. & Tel. Co., total
numberForeign
..number..
Pennsylvania Railroad Co., total..number._
Foreign
..number..
U. S. Steel Corporation, total
number.
Foreign
number.
Shares held by brokers...percent of total..
181,107
45,033
37, 564
7,469
41,112
212, 606 202,988
152, 303 196, 048 199,945
3,042
28, 804 16, 558
1,177. 5 1,184.4
918. 08 918.08
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
106.0
17.9
30.1
85.68
147. 56
23.81
67.5
78.9
59.1
113.5
19.2
31.0
89.84
155. 64
24.05
73.1
85.5
64.5
31.0
116.9
21.4
32.5
95.83
166.03
25.63
76.0
88.0
70.4
32.7
122.7
22.5
33.6
98.91
171. 78
26.05
79.4
91.7
73.9
34.1
127.1
25.9
35.4
102. 59
177.22
27.96
83.3
95.2
81.6
35.9
131.5
25.7
36.0
105.78
183. 20
28.37
85.0
97.5
81.9
37.0
130.4
26.0
33.8
108.16
189. 58
26.74
86.1
99.5
82.1
34.5
144.3
28.9
37.0
113.80
197. 63
29.97
94.2
108.4
91.0
38.3
47.4
75.2
47.3
79.2
83.2
56.8
89.7
61.7
93.3
56.6
93.0
55.8
92.8
63.5
96.0
1.28
3.68
1.07
1.91
1.87
1.24
1.29
3.68
1.08
1.91
1.87
1.24
1.29
3.28
1.09
1.91
1.86
1.24
103.1
17.5
35.5
85.82
144. 21
27.43
69.7
81.4
57.4
34.6
103.0
16.5
32.4
84.64
144. 23
25.06
67.8
80.0
54.5
31.8
15.6
28.5
80.74
139. 48
22.01
63.9
75.4
53.2
27.8
51.5
73.7
53.4
74.2
47.5
72.3
816,406
556,657
627, 374 875,333 1,214,893 987, 346 1,138,644 1,610,330 1,407,144 1,912,161 2,250,677
713,832
476,028
539, 282 746,776 1,034,753 852,493
28,797
21,832
23,139
41,662
53, 511
41,822
990, 281 1,392,860 1,241,475 1,659,690 1,952,075
79,180
59,817
81,106
99, 864
19,409
14,405
15,850
29,916
39, 552
31,490
37, 782
60,372
46, 531
62,555
77,474
19, 410
14,404
15,948
22,408
30, 438
22, 340
29,429
42,923
34,748
46,663
57, 463
32, 991
1,305
32,180
1,303
30,936
1,304
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
5.42
5.38
6.33
5.30
5.19
5.22
5.19
5.17
5.19
5.19
5.12
664, 095
7,816
230, 086
3,126
187,533
3,979
20.40
671,324
7,847
231, 970
3,145
190,375
4,021
19.55
675, 755
7, 877
232, 634
3,152
191, 224
4,062
19.34
FOREIGN TRADE
Value:
INDEXES
Exports, unadjusted
1923-25=100
Exports, adjusted for seasonal variation
1923-25=100Imports, unadjusted
—1923-25=100Imports, adjusted for seasonal variation
Quantity exports:
1923-25=100-
Total, agricultural products:
52
46
43
49
43
44
45
46
45
52
58
71
59
51
58
45
52
47
47
48
55
«45
53
46
53
50
49
52
55
49
52
50
50
48
59
62
52
56
58
57
51
48
49
49
52
51
"59
54
53
58
52
58
64
57
50
45
41
40
44
39
36
64
87
128
96
Unadjusted
1910-14=100—
54
44
59
64
98
76
54
48
48
58
57
46
51
Adjusted* _.
1910-14=100
Total excluding cotton:
43
43
39
41
30
35
33
33
35
52
61
74
49
Unadjusted
1910-14=100 .
68
53
35
48
45
32
37
37
Adjusted*
— 1910-14=100..
42
43
41
37
43
• Revised.
* New series. For earlier data see p. 20 of the August 1934 issue, yield on United States domestic long-term bonds (all issues except those due or callable within 8 years)
for years 1926-1934; for data for years 1919-25 see p. 20 of the November 1935 issue. Series on stock sales on all registered exchange began in October 1934. Data for months
not shown above appear in the annual report of the Securities and Exchange Commission dated June 30,1935. 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 Security and Exchange Commission. These are excluded in the figures reported by the New York Stock Exchange.
37
SURVEY OF CURRENT BUSINESS
March 1936
Monthly statistics through December 1931, 1936
together with explanatory footnotes and references to the sources of the data, may be found
Februin the 1932 Annual Supplement to the Survey. January January
ary
1935
March
April
May
June
July
DecemAugust SeptemOctober November
ber
ber
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.
Chili
_.thous. of doL.
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, total #c?
thous. of doL.
Imports for consumption*-._thous. of doL.
By grand divisions and countries: #cf
Africa
thous. of dol__
Asia and Oceania
thous. of dol._
Japan
thous. of doL.
Europe
thous. of doL.
France
thous. of doL.
Germany
thous. of dol..
Italy
thous. of dol._
United Kingdom
thous. of doL.
North America, northern-.thous. of doL.
Canada
thous. of dol._
North America, southern..thous. of doL.
Mexico
_
thous. of doL.
South America
thous. of doL.
Argentina..
..thous. of doL.
Brazil
thous. of dol_.
Chile
thous. of dol._
By economic classes: #<?
Crude materials
..thous. of dol._
Foodstuffs, crude
thous. of doL.
Foodstuffs, manufactured.thous. of dol._
Manufactures, semithous. of dol..
Manufactures, finished thous. of doL.
197,958
176, 223
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
5,376
39.969
19,901
78, 550
7,544
4,735
6,233
37,968
23,151
22,815
15, 674
5,035
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
58,412
26, 543
28, 733
39, 699
32, 964
13, 503
3,504
3,551
1,110
163, 006 185,001
7,149
37,403
15,974
66.482
7,326
6,075
6,870
25, 766
23,664
23,317
14,353
4,370
13,955
3,765
3,534
1,316
8,135
38,593
14, 744
76, 013
7,334
6,113
6,947
29, 444
26, 532
26, 005
18, 706
5,963
17, 021
4,623
4,125
1,316
164,350
165,457
170,193
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
221, 238 269,310
223,514
8,878
6,279
9,427
37, 400 34,143
51, 058
16,402
16,996
26,945
96,926 115, 315 144, 510
10, 746 18,817
7,316
9,885
14,363
8,891
6,529
4,796
9,125
53, 513 59, 098 62,481
28,170
28, 063 31,084
27,418
30,349
27,473
15, 700 18,090
18, 628
5,353
4,916
5,817
13, 821 13,728
17, 517
4,143
4,948
3,436
3,196
4,537
3,414
1,283
1,698
1,089
9,093
50,946
26,885
110,183
15, 701
12,327
7,944
41,823
22,157
21, 760
17,729
6,025
13,406
3,556
3,276
1,216
173, 371 172, 204 198,189
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
173, 560 160, 312 181,969 160, 709 159,789 167, 226 168, 006 169, 761 195, 537 218,138
55, 814 44, 995 40,450
38, 222 36, 920 40, 600 38, 340 40, 875 68, 677 82, 604
32.2
27.1
21.8
19.2
45.9
21.8
19.4
23.4
16.6
31.8
16, 253 16, 270 16, 215 12, 875 15,404
23, 695
15, 467 15, 336 15, 629 22, 399
4,086
7,974
3,897
3,681
3,201
3,715
4,014
5, 220
4,788
7,074
12,167
9,674
10,841
12, 373 12, 534
11, 689 11,453
10,116
15, 325 15, 721
5.3
5.4
4.0
5.6
12.5
6.2
4.7
6.4
6.6
11.8
4.7
4.1
3.2
3.3
4.4
4.3
3.3
3.2
2.8
2.6
1.2
1.2
1.1
1.2
1.4
1.4
1.1
1.2
1.5
1.3
27,196
28, 914 28,135
25.483
31,018
29, 309 30,291
30, 827 26, 205 26,430
74, 297 73,565
83,406
81, 035 82, 246 86,196
82, 239 75,152 81,548
94,477
17.2
20.5
18.6
20.1
13.3
14.1
25.0
22.0
19.4
15.7
4.3
2.8
4.5
6.4
6.1
5.1
5.0
3.1
6.3
5.8
18.2
18.8
22.2
20.6
20.5
23.5
23.7
22.8
23.3
23.9
167, 006 152, 537 177, 279 170, 567 170, 559 156,756 177, 698 169, 030 161, 653 189, 240
168,623 152, 288 175,408 166,152 166, 791 155, 314 174,162 180,444 168, 689 189, 688
3,016
60, 515
10,196
46, 614
4,644
7,024
2,764
10.970
19, 555
19, 248
18, 864
4,023
20, 059
2,980
8,181
1,909
4,746
50,922
12, 251
40, 606
4,054
5,918
2,674
11, 065
18,342
18,194
14, 242
3,869
23,429
4,419
9,194
2,324
5,921
54, 221
12,428
46,498
4,643
6,340
2,866
11, 621
21,311
20, 880
20,968
4,449
26, 508
6,675
8,610
2,904
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
43,133
27, 693
38,118
29, 550
30,129
45, 209
30,118
21, 609
29, 029
26,322
50,378
33,605
25, 662
35,237
30, 526
45,900
27, 514
28, 588
30, 729
33, 422
44,361
26, 337
28, 661
33,577
33, 855
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
43,733
23,078
26, 342
31,715
30, 446
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
52,915
4,796
7,326
2,924
14,895
27, 334
26, 708
11,845
3,014
21, 791
4,970
8,205
1,515
2,579
57,319
16, 594
65,053
7,565
7,702
4,723
15,820
29,741
28, 573
10,183
3,227
24,813
5, 251
9,934
1,344
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
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
3,235
46, 230
14,106
55,009
5,433
6,738
4,528
14, 214
27, 258
2657~
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
46,045
24,942
18,909
36, 305
36, 606
55,737
27,116
17, 712
42,768
36, 253
TRANSPORTATION AND COMMUNICATIONS
TRANSPORTATION
Express Operations
7936
7,274
Operating revenue
thous. of doL
7,204
8,029
7,671
8,053
6,079
7,918
7,593
7, 619
7, 513
142
137
140
142
134
140
138
138
133
136
139
Operating income
thous. of dol.
Electric Street Railways
8.101 l 8.120
8.101
8. 120
8.101
8.101
8.12C
8.120
8.120
8.101
8.101
Fares, average (320 cities)
cents.
8.120
8.101
Passengers carried!
thousands- 794,211 757, 835 704, 736 771,846 747, 350 748, 630 693, 542 663, 348 662, 696 685, 430 764, 558 742, 270 799, 787
56, 104
53, 788
54, 733
49,041
49, 244
50, 323
55, 302
54, 634
55,442
58,138
50, 929
51,275
Operating revenuesf
thous. of dol.
Steam Railroads
Freight carloading (F. R. B.)\
62
62
60
Index, unadjusted
1923-25=100.
79
77
48
Coal
1923-25=100.
73
52
40
Coke
1923-25=10037
34
38
Forest products
1923-25=10061
57
69
Grain and products
1923-25=10039
34
30
Livestock
1923-25=10062
65
63
Merchandise, 1. c. 1
1923-25=10014
10
87
Ore
1923-25=100.
67
67
67
Miscellaneous
1923-25=100.
71
65
58
Index, adjusted
1923-25=10074
82
54
Coal
1923-25=10068
52
46
Coke
1923-25=100.
45
33
39
Forest products
1923-25=10062
67
58
Grain and products.
.1923-25=100.
39
39
36
Livestock
1923-25=10066
64
64
Merchandise, 1. c. 1
1923-25=10058
40
48
Ore
1923-25=10086
70
63
Miscellaneous
1923-25=100• Revised.
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 and are not comparable wiih earlier figures, which consist of general imports. See
explanation on p. 9 of the March 1934 issue.
t Revised series. Data for January 1929-May 1935, inclusive, on electric railway passengers carried and operating revenues foi January 1932-April 1935, inclusive, are
shown on p. 19 of the August 1935 issue.
* New series. Data prior to April 1933 on value of imports for consumption will be shown in a subsequent issue.
§ Data revised for 1932. See p. 34 of the March 1933 issue. Other revisions for the year 1932 were shown on p. 34 of the April, May, December 1933, and January 1934
issues. For revised data for months of 1933 see p. 20 of the September 1934 issue, and for 1934 revisions see p. 19 of the December 1935 issue.
38
SURVEY OF CURRENT BUSINESS
Monthly statistics through December 1931, 1936
together with explanatory footnotes and references to the sources of the data, may be found
Februin the 1932 Annual Supplement to the Survey January January
ary
March 1936
1935
March
April
May
June
July
DecemOctober NovemAugust September
ber
ber
T R A N S P O R T A T I O N AND C O M M U N I C A T I O N S — C o n t i n u e d
TRANSPORTATION—Continued
Steam Railroads—Continued
Freight carloading (A. A. R.)—Continued
2,632
2,882
2,229
3,102
2,353 • 2,169
3,035
3,179
3,015
2,303
2,327
Total cars^.
thousands..
2,326
446
544
318
491
587
621
625
«550
683
3,79
394
574
Coal
_
thousands..
30
26
37
30
19
26
36
23
*30
35
33
23
Coke
thousands..
126
124
104
131
106
152
137
102
75
100
126
100
Forest products
thousands..
148
162
121
127
120
211
157
108
«97
102
135
102
Grain and products
thousands..
87
52
64
69
84
52
51
39
58
52
Livestock
thousands..
50
58
667
566
798
641
788
644
768
601
»575
639
609
804
Merchandise, 1. c. 1
thousands..
130
171
135
23
159
131
35
102
67
"13
13
18
Ore
thousands..
1,189
1,029
864
1,148
894
1,150
961
915
1,284
•771
844
1,157
Miscellaneous
thousands..
245
229
231
272
296
208
310
305
252
342
320
300
Freight-car surplus, total
thousands..
152
133
138
175
178
125
175
189
143
207
192
183
Box
thousands..
59
65
50
73
53
47
84
78
67
Coal..
thousands..
Financial operations (class I railways):
Operating revenues!thous. of dol_. 299,099 '264,197 254, 940 2S0,899 274,652 279, 549 281,336 275,349 294,018 308,960 341,018 301, 331
Freight!
thous. of doL. 241,160 '211,452 206,024 228, 603 221,968 224,330 225,183 210,490 234, 986 249, 926 284,614 248,146
Passenger!
thous. of doL. 34,102 '30,454 27, 264 27,737 27,181 27,114 31,053 31,604 33,849 30,820 28,608 27,848
Operating expenses!
thous. of doL. 231,779 •212,402 200,103 213, 278 209,328 209,196 216,464 217,931 221,238 218, 040 232,516 218,583
Net railway operating income t
thous. of doL. 35,875 21, 935 25, 720 37,851 34,626 39, 505 34, 025 26,851 42,074 57,359 75,425 54, 234
Operating results (class I roads):
24,964
24,140 27,586 23, 320 24,662 25, 933 23,167 25, 936 27,715 31,200 27, 468
Freight carried 1 mile
mills, of tons..
1.005
.942
.974
1.059
.983
.999
.988
1.041
.944
1.016
.929
Receipts per ton-mile
cents..
1,855
1,594
1,491
1,386
1,710
1,660
1,475
1,436
1,341
1,377
Passengers carried 1 mile
millions..
1,370
Waterway Traffic
Canals:
Cape Cod
thous. of short tons..
New York State
thous. of short tons..
Panama, totalf
thous. of long tons..
U. S. vessels
thous. of long tons..
St. Lawrence
thous. of short tons..
Sault Ste. Marie
thous. of short tons..
Suez
thous. of metric tons..
Welland
thous. of short tons..
Rivers:
Allegheny
thous. of short tons..
Mississippi (Government barges)#
thous. of short tons..
Monongahela
thous. of short tons..
Ohio (Pittsburgh to Wheeling)
thous. of short tons..
Ocean traffic:!
Clearances, vessels in foreign trade
thous. of net tons..
Foreign.._
thous. of net tons..
United States
thous. ofvnet tons..
Shipbuilding. (See Trans. Equip
0
204
0
1,945
825
0
0
2,513
0
164
0
1,836
708
0
0
2,090
0
112
224
0
2,149
775
0
0
213
329
2,079
811
157
888
2,461
484
230
554
2,292
938
919
5,985
2,161
1,122
227
482
2,081
862
882
7,058
2,135
1,072
229
519
1,778
715
1,007
7,503
1,958
1,128
206
576
2,019
848
1,024
7,731
2,636
1, 334
202
574
1,994
907
983
7,148
1,956
1,180
270
800
2,229
983
992
7,454
2,225
1,151
208
655
2,050
843
865
4,087
2,955
1,313
113
125
155
191
246
273
293
238
200
226
267
97
1,270
1,429
78
1,545
108
1,784
154
1,142
152
1,383
133
1,561
143
1,271
146
1,491
143
1,239
154
1,414
149
1,707
635
711
717
754
877
881
928
967
782
3,521
3,184
1,337
4,288
2,818
1,471
4,170
2,735
1,435
5,188
3,435
1,753
5,703
3,699
2,004
5,958
3,852
2,106
6,379
4,099
2,280
6,791
4,436
2,355
5,786
3,831
1,955
5,580
3,670
1,910
5,162
3,331
1,831
Travel
Airplane travel:
Express carried*
pounds.. 354,301 177, 553 171, 818
4,245
Miles
flown*
thous. of miles..
3,231
3,349
Passengers carried*
_
number.. 44,061 28, 922 34,998
18,983
13,405
Passenger-miles flown* thous. of miles..
16,232
Hotel business:
2.94
•2.88
Average sale per occupied room •.dollars..
2.95
64
Rooms occupied
percent of total..
62
Foreign travel:
Arrivals, U. S. citizens._
number..
14,443
15,474
17,016
17, 628
Departures, U. S. citizens
number..
2,424
2,226
Emigrants
number..
2,943
1,948
Immigrants-_
_
number..
5,098
5,658
5,139
Passports issued
.number..
National parks:
Visitors
number.. 69,648 54, 720 63,257
Automobiles
number.. 12,967
9,767
9,599
Pullman Co.:
Passengers carried
.thousands..
1,398
1,204
4,231
Revenues, total
-.thous. of doL.
3,702
COMMUNICATIONS
Telephones (59 carriers):*
Operating revenues. _
thous. of doL
81,475
77,834
Station revenues
thous. of dol.
54,636 52, 798
19, 793 17,930
Tolls, message..
thous. of dol.
57,823
55,420
Operating expenses
thous. of dol.
15,377
14, 214
Net operating income
thous. of dol.
Telephones in service, end of mo.
14,162 14,201
thousands.
Telegraphs and cables:
8,754
Operating revenues
thous. of dol.
8,212
Commercial telegraph tolls.thous. of dol.
6,768
6,340
7,372
Operating expenses
thous. of dol.
7,808
Operating income
thous. of dol.
557
454
a
236
0
2,210
961
0
0
2,383
0
4,643
3,109
1,534
238, 369 231, 237
4,194
4,126
55,198 61,499
26, 747
24,751
2.83
2.91
62
258,924 330,970 335, 762 392, 212 417, 223 488,019 361,839
5,605
5,756
5,360
4,301
4,993
5,288
4,749
73,896 85,546 89, 581 77, 370 70, 924 50, 534
64,971
27, 075 31, 226 34,042 35, 732 32,024 28, 788 20,837
3.12
61
2.77
61
2.86
58
2.87
56
2.98
57
2.94
60
2.99
64
19,400
19, 033
2,697
2,951
22, 854
19, 519
19, 342
2,412
2,817
24, 879
26, 638
31, 376
2,524
2,884
13, 546
51,930
51, 512
4,111
3,711
7,587
50,177
39, 007
4,430
3,679
4,814
27,479
24,159
3,382
4,288
4,174
14, 202
19, 678
3,708
2,856
4,202
100, 593 317,182
28,176 84,368
664,422
158,005
723, 320 268, 398
72, 731
183,171
77,723
18,141
20,470
16, 665
2,460
2,401
8,453
23, 374
16,536
2,249
2,516
12, 674
73,961
7,545
1,219
4,004
90,914
15,908
1,193
3,675
1,146
3,660
1,309
4,220
1,286
4,210
1,425
4,374
1, 364
4,251
1,278
4,143
41, 210
7,828
1,246
3,864
81,207
54,086
20,061
57,292
15,793
82,127
54,483
20, 566
57,499
16,214
83,406
54,998
21, 250
59, 059
16, 052
81, 757
54,006
20, 569
57,443
16,025
82, 063
53,187
21, 524
14,401
82, 360
52,909
22,189
58,255
16, 036
82, 653
53,923
21,402
57, 394
16,966
56,245
22, 630
59, 321
18,529
85, 330
56, 732
21,213
59, 741
17, 386
14,250
14,303
14, 355
14, 335
14, 323
14,350
14,446
14, 512
14, 568
9,153
7,052
7,810
952
9,377
7,366
7,790
1,195
7,634
7,964
1,450
9,372
7,268
7,824
1,156
9,224
7,161
7,942
9,568
7,440
7,959
1,219
9,375
7,198
7,682
1,306
9,830
7,545
7,989
1,452
6,941
7,708
1,002
Revised. # Includes tonnage in both upper and lower Mississippi River. Revisedfiguresprior 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 milesflownand express carried from 1926 through 1933, see p. 19 of the January 1935 issue. New
series on telephones as compiled by Federal Communications Commission. Data supersede those published in previous issues of the Survey which covered all carriers
having annual operating revenues in excess of $250,000; present series covers only those companies with operating revenues in excess of $250,000 which have interstate lines.
In December 1933 operating revenues of these companies were 97.7 percent of the total of the companies previously reporting.
• Thisfigurecovers room revenue only.
I Data for March, June, August, and November 1935 are for 5 weeks; other months, 4 weeks.
39
SUKVEY OF CURRENT BUSINESS
March 1936
Monthly statistics through December 1931, 1 9 3 6
together with explanatory footnotes and references to the sources of the data, may be found
in the 1932 Annual Supplement to the Survey January January
1935
February
March
April
June
May
July
DecemOctober NovemAugust September
ber
ber
CHEMICALS AND ALLIED PRODUCTS
CHEMICALS
Alcohol:
Denatured:
Consumption (disposed of)
6,143
5,897
thous. of wine gal.
6,207
6,047
Production
thous. of wine gal.
1,739
1,236
Stocks, end of month.thous. of wine galEthyl:
Production.
thous. of proof gal13,179
12,290
Stocks, warehoused, end of month
19, 386
15, 630
thous. of proof galWithdrawn for denaturing
10,433
thous. of proof gal.
° 9, 790
1,840
1,453
Tax paid*
thous. of proof gal.
Methanol:
Exports, refined
__.
gallons. 105,895
23,222
Price, refined, wholesale, N". Y.
.38
dol. per gal.
Production:
Crude (wood distilled) *f A
gallons. 477,946 315,983
Synthetic
gallons. 1,418,863 ,303,171
Explosives:
29,147
Shipments*
thous. of l b . 28, 492
Sulphur and sulphuric acid:
Sulphur, production (quarterly) •
long tons.
Sulphuric acid (104 plants):
Consumed in production of
fertilizer
short tons. 125, 730 162, 658
Price, wholesale, 66°, at works
15. 50
dol. per short ton..
15.50
Production
short tons.. 156,878 169,301
Purchases:
From fertilizer mfrs
short tons.. 24,932
34, 545
From others..
short tons.. 22,193
27,824
Shipments:
To fertilizer mfrs
short tons.. 35, 007
39, 693
To others
short tons.. 47,163
35,186
4,482
4,611
1,363
7,445
* 7,497
1,317
5,238
5,554
1,694
5,773
5,864
1,750
9,767
12, 844
14, 235
15, 791
14, 611
16, 704
16, 957
15, 230
18, 092
22, 213
24,468
26, 055
a
° 9,921
1,591
a
9,398
1,642
14, 046
1,771
° 7,426 • 12, 745
1,019
1,588
9, 207
1,510
5,536
• 5,651
1,793
a
10, 064
10, 211
3,148
17,947
17,160
2,351
10, 816
10,297
1,836
16,646
19, 607
23,988
19, 729
25,852
25, 501
16, 954
14, 632
1,676
17,660
1,911
29,193
2,445
17, 509
2,223
12,921
1,903
36,422
51,490
102,296
39,230
63,733
8,359
8,580
2,959
7,213
8,192
2,750
44, 525
73, 365
30,471
33,621
66, 077
55,125
.38
.38
.38
.38
.38
.38
7,950
7,736
1,632
17,190
18,461
.38
.38
300, 008 351,468 386, 006 403, 271 341, 093 331, 437 382, 331 368,936 406,950 424,149 478, 331
1,126,799 1,303,230 1,167,282 1,203,143 1,198,186 1,278,505 1,389,812 1,539,554 2,508,978 2,373,475 1,654,794
26, 019
18, 544
22, 659
23, 202
255,396
22,193
22,189
23,957
27,940
104, 041 93,873
15.50
15.50
15.50
154, 359 141,352 139,333
87, 944
15.50
111, 102
75, 690 94,980
15.50
15.50
99,176 110,249
26,269
21, 647
18, 769
18, 638
11, 760
13,397
11,610
13,186
16, 830
20,862
30, 615
38, 716
41,990
42,319
33, 855
40, 293
18,473
29, 714
25,381
34, 382
1,413
704
92, 846 84, 296 93,456
10, 746
6,707
5,551
78, 276 66, 562 82, 946
196
258
-i#98
141, 787 165, 427 178,827
89,477 113, 697 113,829
44,494
55, 957 83,415
3,169
3,177
4,486
46, 213 42, 669 56, 045
237
157,462
21,116
126,226
245
193, 512
102,475
75,872
4,309
76, 743
26,876
352,690
271,452
133,319
29,498
27, 714
23, 334
24, 684
40, 739
25,509
374,276
131,441 125, 496
101, 708
132,508
15.50
15.50
15.50
15.50
15.50
149,
729
172,823
123, 209 130,260
153, 792
99, 673
35, 573
10, 632
35, 742
12, 111
28,516
48,404
30,888
46,717
35,134
33,396
17, 540 »18, 946
28, 031 29, 525
50,802 45,478
30,185
22,402
38,363
51,116
FERTILIZER
Consumption, Southern Statesf
thous. of short tons..
Exports, totalf
long tons..
Nitrogenousf
long tons..
Phosphate materials!
long tons..
Prepared fertilizers
long tons..
Imports, totalf#
-Jong tons..
Nitrogenous!
..long tons..
Nitrate of sodaf
long tons_.
Phosphatesf
long tons..
Potash f
long tons..
Price, nitrate of soda, 95 psrcent, N. Y.
dol. per cwt..
Superphosphate, bulk:
Production
_
..short tons..
Shipments to consumers
short tons..
Stocks, end of month
short tons..
341
164,458
34, 025
112, 802
1,233
149, 473
89, 538
32, 642
4,299
53, 097
316
68,928
6,241
56,946
153
155, 348
63, 245
27,811
3,126
84,235
1.275
1.275
151
44
95
17
86
124
63, 402 102,467 153,316 208, 797 161,955 153,467 137, 754
36,216
5,244
15,319 39, 752 28, 507 34,219
17, 723
50, 637 77, 054 110, 633 172, 425 115, 797 104, 520 114,438
1,306
2,181
179
421
235
186
62
51, 317 71, 956 155, 686 a143, 580
69, 787 43,174
34,800
37,141
20,899
20, 640 32, 794 39, 951 50,970 • 75,301
10,641
9,961
16,918
2,200
2,742
22, 256
38, 528
4,104
1,206
5,608
1,350
1,248
4,166
8,075
21, 704 70, 791
23,436
10,797 12,074
19,909
56, 899
1.275
1.275
1.275
1.275
1.275
298, 073
33,163
,190,315
342,210
34, 553
,189,505
282, 810 246, 286 203,152 168,384 167, 095 205,105
63, 856 189,133 169,152 79, 704 24, 973 19,396
,160,817 964,940 814, 804 831, 536 870,835 914,169
221, 772 226, 317 281,892
16,422 82, 059 87,313
979,038 1,013,399 ,102,407
288, 307 320,800
* 29,178
28,438
199,542 1,217,767
330,830
360,252
337,646
370, 222 378, 395
373,417
354, 389 335, 318 323,125
336,178
303, 625
5.20
27,406
272,474
5.16
19,525
217,489
4.99
28,397
250,113
4.67
4.64
4.65
69, 290 97,354 110,998
250,213 258, 255 272,312
4.85
124,401
311,355
4.83
120,950
324,539
5.61
5.50
5.18
88, 784 93,917 95,860
310, 697 306, 658 334,226
5.28
75,370
315,021
44,489
110,806
43,252
111,659
43,294
108,956
46, 028
95, 283
47,867
95,829
47, 293
91,477
47, 651
89,015
48, 063
86, 730
47, 388
86, 485
.54
4,300
94, 781
.55
2,235
86,987
.55
4,761
88,164
.52
18,410
87,971
.52
.50
24, 366 32,128
85,846 103,831
.48
35,293
122,631
.46
31,136
131,960
.45
18,798
131,273
7,075
16,116
6,138
13,418
6,316
10,526
7,049
7,122
7,261
2,997
7,324
2,910
7,550
2,937
NAVAL STORES
Pine oil:
Production
..gallons.. 343,038
Rosin, gum:
Price, wholesale " B " , N. Y.-.dol. per bbl_.
4.91
Receipts, net 3 ports
..bbl. (5001b.)-- 41,226
Stocks, 3 ports, end of month.bbl. (500 lb).. 271,749
Rosin, wood:
Production
bbl. (5001b.).. 52,156
Stocks, end of month
bbl. (500 lb.).. 80, 278
Turpentine, gum:
Price, wholesale, N. Y
dol. per gal_.
.48
Receipts, net, 3 ports
bbl. (50 gal.)..
3,808
Stocks, 3 ports, end of month.bbl. (50 gal.)_. 135,959
Turpentine, wood:
Production
bbl. (50 gal.)—.
9,042
Stocks, end of month
bbl. (50 gal.)..
8,553
1.275
1.275
1.275
7,004
4,588
6,787
3,278
1.275
1.275
1.275
47, 214 43, 894
72, 861 72, 901
.47
.49
.48
13,331
20, 646 20,101
142,
625
145,216
134,539
43, 719
76, 311
6,910
3,023
7,474
4,001
7,355
5,531
OILS, F A T S , A N D B Y P R O D U C T S
Animal fats and byproducts and fish oils
(quarterly):
Animal fats: f
Consumption, factory
.thous. of lb_.
Production
thous. of l b . .
Stock, end of quarter
thous. of lb._
Gelatin, edible:
Production
thous. of lb._
Stocks, end of quarter
.thous. of lb_.
Greases: t
Consumption, factory
thous. of lb._
Production
thous. of lb__
Stocks, end of quarter
thous. of lb_.
Lard compounds and substitutes: f
Production
thous. of lb._
Stocks, end of quarter.
thous. of lb—
234,949
352,519
380,419
212, 053
306, 659
386,852
203,048
275,430
361,160
210, 541
319,916
364,010
5,047
8,629
5,052
8,526
2,853
6,841
5,323
7,987
50, 732
71, 738
63, 590
51,146
64, 916
63, 732
45, 324
64,399
52,121
68, 942
63, 645
457,595
I 32,575
169, 674
39,890
316,227
32,738 I.-.
293,425
'
l
29,747
_
° 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) and p . 19 of January 1934
issue (explosives).
° Revised series, see p. 36 of the J u n e 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 M a y 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.
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
for FRASER
Digitized
40
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 January January February
March 1936
1935
March
April
June
May
July
DecemAugust SeptemOctober November
ber
ber
CHEMICALS AND ALLIED PRODUCTS—Continued
OILS, FATS, AND BYPRODUCTS-Con.
Animal fats and byproducts and fish oilsContinued.
Fish oils (quarterly) :f
Consumption, factory
thous. of lb..
Production
.thous. of lb._
Stocks, end of quarter
thous. of lb__
Vegetable oils and products:
Vegetable oils, total:
Consumption, factory (quarterly) t
thous. of lb__
Exports
thous. of lb._
Importst#
thous. of lb._
Production (quarterly)t
thous. of lb__
Stocks, end of quarter:f
Crude
_._thous. of lb_.
Refined
thous. of lb._
Copra and coconut oils:
Copra:
Consumption, factory (quarterly)
short tons..
Imports#
short tons..
Stocks, end of quarter
short tons..
Coconut or copra oil:
Consumption, factory:
Crude (quarterly)t
thous. of lb-Refined, total (quarterly) f
thous. of lb__
In oleomargarine
thous. of lb__
Imports#
thous. of lb_.
Production (quarterly):
Crude
.thous. of lb._
Refined
thous. of lb_.
Stocks, end of quarter :f
Crude
.thous. of lb_.
Refined
thous. of lb__
Cottonseed and products:
Cottonseed:!
Consumption (crush)
short tons_.
Receipts at mills...
short tons _.
Stock at mills, end of month
short tons..
Cottonseed cake and meal:
Exportst
..short tons..
Production
short tons..
Stocks at mills, end of month
short tons..
Cottonseed oil, crude: t
Production
_._
thous. of lb_.
Stocks, end of month
thous. of lb_.
Cottonseed oil, refined:
Consumption, factory (quarterly) f
thous. of lb_.
In oleomargarine
.thous. of lb..
Price, summer yellow, prime, N. Y.
dol. per lb_.
Production f.__
thous. of lb_.
Stocks, end of month
thous. of lb_.
Flaxseed and products:
Flaxseed:
Imports, United States#__.thous. of bu_.
Minneapolis and Duluth:
Receipts
thous. of bu_.
Shipments
thous. of bu_
Stocks, end of month
thous. of bu.
Oil mills: t
Consumption, quarterly
thous. of bu_
Stocks, end of quarter thous. of bu.
Price No. 1, Minneapolis.-.dol. per bu.
Production, crop estimate
thous. of bu_
Stocks, Argentina, end of month
thous. of bu_
Linseed cake and meal:
Exports..
thous. of lb.
Shipments from Minneapolis
thous. of lb_
Linseed oil:
Consumption, factory (quarterly)t
thous. of lb.
Price, wholesale, N. Y
dol. per lb.
Production (quarterly)t
thous. of lb.
Shipments from Minn
thous. of lb.
Stocks at factory, end of quarter
thous. of lb.
Oleomargarine:
Consumption (tax-paid withdrawals)
thous. of lb.
Price, standard, uncolored, Chicago
dol. per lb.
Production
thous. of lb.
Vegetable shortenings: *®
Price, tierces, Chicago
..dol. per lb.
0
60, 563
46,208
221, 547
526
94,611
331
522
78, 745
754, 643
396
80, 395
581, 304
59,139
9,143
172, 371
939
91,445
632
i6, 622
17,946
23,507
17,393
14,428
31, 609
48,683
26,579
25, 688
10, 415
17, 282
27, 736
628,186 L .
251
593
95,895
121,023
357,167
1,492
507,571
602,217
525,210
642, 272
13,297
63,346
67, 249
187,916
15,038
11,990
35, 733
6,858
24, 605
609, 071
383
92,174
456,913
26,138
10,330
48, 424
19, 535
29, 565
128, 036
130, 395
110,304
14,560
25, 045
86, 811
11,472
39,040
101,105
16, 771
25, 965
13,804
27,849
237
87,810
; 1,004,980
338 !
329
'9,966 I 114,354
950, 784
632, 757
477, 563
536, 998
355, 800
150,711
15, 945
25, 293
67, 328
117, 078
212, 667
10, 326
22, 929
13,056
29, 770
27,433
32,019
66, 737
22, 87340, 039
135,073
16, 372
31, 055
15, 275
21,985
105, 252
15,024
45,122
62, 261
96, 256
44, 502
83, 017
61, 569
91, 345
84,509
93,006
122,142
31,960
112, 507
26,036
109, 836
23,560
127, 904
23,992
456,656
244,044
402,115
127, 905
337, 731
61, 236
260, 964
40, 090
129,372
18,886
102,266
22,435
68,175
24, 467
65, 302
30, 868
145,115
203, 442
436,027 i 741,295
760,691 |l,096,758
636,818
856, 833
580,238
359, 364
248,878
169, 047
125,339
89,575
149, 446
472, 566
828,029
189
207,346
94
183, 204
127
156, 047
236
118,496
24
61,704
49
223
30, 313
20
29,132
80
65,380
1,420
194, 282
2,418
336,139
1,403
287,362
1,382
231,337
358, 752
340, 763
348, 254
309, 460
263,899
223, 893
198, 367
178, 358
196, 095
253,294
312, 279
355,432
135, 623
128,018
124, 398
102,045
108,169
103,499
84, 258
96, 657
43, 525
61,725
22, 617
38,036
20, 772
28, 263
43, 660
27, 638
127,816
74, 537
225,168
110, 557
193,025
119,314
174, 286
131, 843
8,626
9,015
12,171
286,324
9,854
11,005
7,819
256,192
6,425
5,819
6,403
360,590
6,714
6,610
8,549
361,863
9,120
.101
126,945
453,990
.109
111,890
516,803
.114
102, 962
530, 014
.108
97, 237
557, 623
.103
73, 380
576, 783
.105
52,011
540,864
.101
37,063
513,358
26, 066
444, 833
.099
38, 935
178, 358
.102
73, 430
287, 347
.104
161,333
289,326
.103
176,261
343, 550
.107
139, 381
401, 284
46, 959
242, 204
33,194
47, 589
634,326
518,673
693,101 I 481,299
9,430
770
1,997
1,970
1,160
1,360
1,738
2,240
1,129
1,322
930
1,254
1,690
229
142
1,928
139
114
1,011
135
54
978
105
44
878
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
1.87
1.97
1.94
5,754
2,094
1.81
1.85
6,104
1,464
1.65
1.59
3.005
1.68
1.79
3,150
3,937
5,118
7,087
7,874
7,087
39,399
32, 805
23, 524
30, 704
36, 929
33, 201
21,782
7,714
9,653
7,952
6,114
4,776
.101
.089
.092
.095
8,605
3.298
4, 209
59,376
.095
111,823
6,324
8,264
4,270
1.83
/14,931
6, 053
.096 !
6,118
125,416
5,315
2 322
4,331
3,543
2,559
53,605
39,368
41, 787
35, 356
37, 430
40, 983
59, 293
4,485
7,544
12, 506
21, 527
22, 647
19,509
22,245
"""."697'
"""."697"
5,233
73, 812
.089
116, 667
10, 235
82, 888
.096
116,946
6,045
""."093
4,797
13,320 !
6,854
146, 532
106, 332
104,995
75,404
.101
156, 569
4,069
37, 38!
33, 724
45, 351
31,511
38, 243
27,785
26, 766
17, 846
26,193
32, 440
32, 430
35, 501
32, 831
.145
36,558
.119
33, 632
. 125
41,895 |
.141
34,200
.140
37, 419
.140
30, 338
.140
25, 263
.135
21,489
.130
25, 793
.130
31, 855
.142
32, 261
.145
33,962
.145
33, 506
.122
.129
.124
.130
.130
.128
.128
.125
.133
.130
.128
.129 .
Revised.
/ December 1 estimate.
* For earlier data on vegetable shortening price, see p. 18 of the January 1934 issue.
f 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 1935issue. For exports of cottonseed cake and meal for the yearl932 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.
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 Dacembsr 1935 issue.
http://fraser.stlouisfed.org/#• See
This series prior to September 1935 was listed as "Lard Compound."
Federal Reserve Bank of St. Louis
41
SURVEY OF CURRENT BUSINESS
March 1936
Monthly statistics through December 1931, 1936
together with explanatory footnotes and references to the sources of the data, may be found Januar y January February
in the 1932 Annual Supplement to the Survey
1935
March | April
May
June
July
O
u cf >
t ot nbheprr Novem- DecemAugust Septem-1
ber
ber
ber
CHEMICALS AND ALLIED PRODUCTS—Continued
PAINTS
Paints, varnish, and lacquer products:§
Total sales
thous of dol
Classified
thous. of dol._
Industrial— .
thous. of dol _
Trade
.
thous. of doL.
Unclassified (273 estab.)§..thous. of doL.
Plastic, cold-water paints, and calcimines:
Calcimines-.
Plastic paints
Cold-water paints
dollars..
dollars
dollars..
« 20, 835
14, 687
7,140
7, 547
6,149
21, 229
15, 252
7,299
7,953
5,977
26, 544
18, 418
8,061
10, 357
8,126
32, 851
22, 295
9,178
13,117
10, 557
33,160
24, 434
8, 689
15, 745
11,726
32, 326
22,118
8,503
13, 615
10, 207
28, 975
19,675
8,338
11.336
9, 300
28, 502
19, 214
7,777
11, 438
9,287
28, 536
19, 039
7,985
11,054
9,497
32, 853
22,132
9,519
12, 613
10, 721
25, 427
17, 856
8,988
8,870
7,571
20, 039
]4, 271
7,561
8,710
5,768
284, 758
22, 665
64, 215
221, 663
24, 312
69, 000
299,610
33, 675
88,114
332, 343
38, 653
113, 202
376, 644
35, 563
128, 461
303, 229
28,668
102,892
253, 256
29, 039
103,181
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
CELLULOSE PLASTIC PRODUCTS
Nitro-cellulose:*
Sheets, rods, and tubes:
Production
Shipments
thous of lb
thous. of lb._
1,465
1,275
1,476
1,135
1,363
1,228
1,311
1,356
1,292
1,246
1,009
1,017
1,028
1,024
1,285
1,294
1,551
1,435
1,660
1,598
1,298
1,420
1,469
1,398
Sheets, rods, and tubes:
Production
Shipments
thous. of lb._
thous. of lb._
1,004
1,026
922
849
962
1,054
1.107
1,048
718
649
317
293
486
525
595
578
882
884
1,299
1,239
1.265
1,114
948
859
12,899
6,629
11, 726
7,484
15, 223
7,909
19, 723
6,653
21, 831
6,324
21, 454
7,252
20, 215
7,376
20,666
7,730
20,419
7,378
24,716
6,982
16,851
7,577
15, 780
8,935
1,277
368
247
663
1,118
278
257
583
2,032
464
555
1,012
2,974
606
908
l F 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
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. squares..
Smooth roll
thous. squares
17,266
8,677
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 stations!
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. J
Commercial—retail
mills, of kw.-hr..
Commercial—wholesale-mills, of kw.-hr..
Municipal street lighting
mills, of kw.-hr..
Railroads:
Electrified steam
mills, of kw.-hr__
Street and interurban.mills. of kw.-hr__
Revenues from ultimate consumers (Edison
Elec. Inst.)
thous. of dol
_
9,257
8,349
7,494
8,011
7,817
8,021
7,873
8,370
8,573
8, 208
8,844
a
8, 693
0
9,131
5,857
3,400
5,079
3,270
4,512
2,982
4, 446
4,206
3,612
4,300
3,721
4,424
3,449
4,778
3,592
5,242
3, 331
5,186
3,022
5,972
2,873
« 5, 432
« 3, 261
3
5,846
8,758
7,881
7,063
7,556
7,417
7,843
8,075
7,733
8,358
a
499
468
465
456
527
498
475
486
6,145
1,060
1, 099
3,346
6,147
1,059
1,095
3,396
6,265
1,052
1,128
3,468
6, 614
1, 073
1, 177
3,734
6,635
1,135
1,192
3,676
6,823
1,186
1,220
3,726
6, 927
1,289
1,293
3, 624
7,029
1,368
1, 361
3,493
207
217
227
73
79
368
360
159,073 ! 162,789 [ 169,339
173, 459
3,566
<• 3, 286
8, 212
7,552
431
459
a
8, 580
481
551
6,469
1,317
1,245
3,135
6,194
1,211
1,164
3,103
6,081
1,125
1,120
3,134
222
213
201
186
175
152
170
180
189
67
431
62
391
67
384
69
365
66
354
65
331
67
329
333
67
328
170,101
162,470
155, 884 156, 069 153, 203 151, 437 151,215
156,038
9,915
9,346
121
439
34, 809
20,198
6,391
9,928
9,362
123
433
33,943
19, 652
6,019
6,225
1,102
1, 129
3,327
439
GAS
Manufactured gas:*f
Customers, total
thousands..
Domestic
thousandsHouse heating
thousands..
Industrial and commercial, .thousands. _
Sales to consumers
millions of cu. ft._
Domestic.
..millions of cu. ft..
House heating
millions of cu. ft..
Industrial and commercial
millions of cu. ft_.
Revenue from sales to consumers
thous. of doL.
Domestic.
thous. of dol..
House heating
thous. of dol__
Industrial and commercial..thous. of dol__
Natural gas:*f
Customers, total
thousands..
Domestic
thousandsIndustrial and commercial __ thousands. _
Sales to consumers
millions of cu. ft._
Domestic
millions of cu. ft..
Industrial and commercial. _
millions of cu. ft_.
Revenues from sales to consumers
thous. of doL.
Domestic
..thous. of doL.
Industrial and commercial.thous. of dol__
a
9,933
9,371
115
435
32, 099
19, 343
4,620
9,967
9,397
118
441
32,089
19,180
4,206
10, 036
9,465
121
439
31, 668
19, 924
3, 359
10, 049
9, 484
116
438
30, 006
20,468
1,411
10, 047
9, 489
107
440
26, 675
18, 236
610
10,055
9, 501
105
437
25, 348
17, 243
430
10.123
9,568
108
438
28, 489
19, 859
610
10,133
9, 562
123
438
30,952
20, 607
1,743
10, 094
9, 515
129
441
31, 208
18,941
3,580
10,104
9,519
132
444
34,736
18, 995
6,345
33, 671
23, 807
3, 351
6,367
8,000
8,071
7,941
8,518
8,214
7,981
7,647
7,540
7,862
8,412
34,424
24,485
3,797
5,995
33, 482
23, 576
3,778
5,989
32, 227
23, 224
2,983
5,880
31,957
23, 385
2,464
5,962
32, 423
24, 726
1,726
5,838
31, 763
25,123
910
5,625
28,824
22,978
426
5,315
27, 637
21,935
319
5,270
30, 709
24, 599
484
5,513
32, 335
25, 146
1,173
5,889
31,900
23,865
1,884
6,017
5,620
5,638
5,287
351
351
101, 570 100, 606
40, 640 39, 945
5,663
5,305
356
93, 343
35, 452
5,653
5,303
348
85,690
29,132
5,671
5,325
343
79,084
24, 303
5,662
5,329
331
70, 578
18,060
5,646
5,321
323
65,110
12, 617
5,659
5,340
318
68,437
10, 919
5.702
5, 381
319
72,122
12, 779
5, 769
5,428
340
81,419
17,398
5,858
5, 838
5,487
5,475
370
362
95, 453 108,511
26, 281 37, 078
9,164
59,833
59, 514
56, 709
55,544
53, 692
51,288
51, 599
56, 547
58,406
62, 775
67,846
37, 679
25, 302
12,198
36,870
24,339
12,348
34,035
22,168
11,683
30,400
19,043
11,203
27,207
16, 679
10, 371
23, 330
13, 603
9,575
20, 256
10, 718
9,403
19,993
9,824
10, 038
21,319
10,790
10, 398
24, 835
13,215
11, 460
30,894
17.917
12; 796
37, 330
23, 369
13, 763
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.
\ 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
o e 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 data also revised. Revisions
not shown in the June 1935 issue will appear in a subsequent issue. Manufactured and natural-gas revisions for years 1929-34, inclusive, were shown on pp. 19 and 20 of the
May 1935 issue.
§ For revised data on paint, varnish, and lacquer products for the years on "total" for 1928-35 and "unclassified" for years 1932-35 see p. 20 of the November 1935 issue.
42
SURVEY OF CURRENT BUSINESS
Monthly statistics through December 1931, 1936
together with explanatory footnotes and references to the sources of the data, may be found
in the 1932 Annual Supplement to the Survey January January
March 1936
1935
Febru-
March j April
May
June
July
DecemAugust SeptemOctober November
ber
FOODSTUFFS AND TOBACCO
BEVERAGES
Fermented malt liquors:*
Consumption (tax-paid withdrawals)
thous. of bbL.
Production
thous. of bbl._
Stocks, end of month
thous. of bbL-
2,329
2,874
5,811
2, 545
2,825
5,925
3,270
4,036
6,472
3,431
4,465
7,219
4,006
4,576
7,736
4,341
4,521
7,615
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
4,214
3,700
15, 754
14,875
109, 203
102, 504
4,591
4,203
14, 543
13, 954
119,034
112,082
5,258
4, 715
16,067
15, 348
129, 679
122, 560
4,901
4,384
15,171
14, 329
139, 036
131,659
5,301
4,613
16,701
15,679
150,477
142, 639
4,675
4,014
15,144
14,280
160, 755
152,807
4,265
3,486
15,610
14,557
171,094
163, 202
4,535
3,758
14,089
13, 067
180, 268
172, 363
7,020
6,372
16, 238
13, 989
187, 729
180, 066
7,807
7,076
23,002
16, 549
195, 796
188, 423
9,045
8,237
25,000
18, 301
205, 382
197, 788
8, 219
7,315
24, 412
19,910
215, 518
207,154
1,235
1,202
1,492
1,414
1,451
1,345
1,271
1,385
2,019
2,614
2,969
2,998
Consumption, apparent*!
thous. of lb_. 127,217 "134,632
Price, N. Y., wholesale (92-score)
.34
.35
dol. per R^Production (factory)!
thous. of lb._ 107,831 * 105,882
42,
257
Receipts, 5 markets
thous. oflb-42, 716
Stocks, cold storage, creamery, end of
month
thous. of lb._ 21, 538
18,907
114, 954
118,843
139,465
154, 367
138,811
133, 372
150, 704
149, 397
148, 227
143, 320
136, 491
.36
101,136
37, 873
.32
111,207
38,127
.34
130,984
44, 246
.27
179,162
58,860
.24
200, 733
72,844
.24
186, 562
72, 036
.25
157, 839
53, 000
.26
141,141
48, 294
.28
119, 602
42,149
.32
94,838
32,898
.34
104, 426
35, 734
8,110
5,341
5,676
33,096
96, 392
149, 628
156, 855
148, 822
120, 210
71, 948
° 40,117
61,215
3,735
.16
56, 909
44, 934
11,803
56, 641
3,836
.15
70, 659
55, 607
14,645
52,153
2,832
.15
68, 760
54, 293
18, 480
53,889
3,647
.16
61,513
51,493
16, 687
53, 989
3,632
.17
59,491
47, 448
16, 384
62,476
6,015
.17
53, 315
41,157
16,836
52, 304
5,880
.18
39, 464
27, 598
15, 423
47,085
3,022
.19
38, 782
26, 912
11,488
94, 679
82, 397
105, 851
92, 767
114, 953
102, 661
111, 731
100, 670
2,679
3,335
6,640
Consumption (tax-paid withdrawals)!*
6,019
thous. of proof gal.5,421
Whisky.
thous. of proof gal .
Production, total
thous. of proof gal-_ 21,910
Whiskv .
_- thous. of proof gal . 20, 340
Stocks, end of month.-thous. of proof gaL- 230, 425
Whisky
thous. of proof gaL_ 221, 602
Rectified spirits:
Alcohol, ethyl, withdrawn tax paid (see p.
Consumption (tax-paid withdrawals)*
thous. of proof gal._
2,304
DAIRY PRODUCTS
Consumption, apparent!
thous. of lb_.
Imports#
thous. of lb
Price, no. 1 Amer. N. Y
__dol. per lb._
Production (factory)!
thous. of l b . .
American whole milk!
thous. of lb__
Receipts, 5 markets
thous. oflb..
Stocks, cold storage, end of month!
thous. of lb_. 90, 398
American whole milk!
thous. of lb_. 78,178
Milk:
Condensed and evaporated:
Production:!
Condensed (sweetened)..thous. of lb._ 19,833
Evaporated (unsweetened) §
thous. oflb.. 118,301
Exports:
147
Condensed (sweetened)..thous. of lb._
Evaporated (unsweetened)
1,810
thous. oflb..
Prices, wholesale, N. Y.:
4.85
Condensed (sweetened)-dol. per case..
E vaporated (unsweetened)
3.15
dol. per case..
Stocks, manufacturers, end of month:
Condensed (sweetened):
2,581
Bulk goods
thous. of lb
Case goods
thous. of lb. ' 6,044
Evaporated (unsweetened):
Case goods
thous. of lb_. 66,094
Fluid milk:
Consumption in oleomargarine
7,396
thous. oflb..
Production, Minn, and St. Paul
thous. of l b . . 31,578
Receipts:
Boston, incl. cream.
thous. of qt._
Greater New York*
thous. of qt_. -iii.W556,180
3,240
.18
43,841
29,730
10,416
Exports
Orders net new
Stocks, mfrs. end of mo
thous. of lb__
thous. of lb
thous. of lb._
56, 793
3,575
.17
° 32,348
22,181
13, 526
46, 928
4,084
.18
27, 743
21,118
10,821
48, 606
4,220
.17
34, 408
24,695
8,955
55,145
4, 455
.17
40, 547
30, 573
10, 688
81,220
71,007
70,156
60,943
62,851
54, 769
54, 459
46, 593
56, 767
48,320
75, 291
64, 395
« 15,246
15,122
18,764
23, 224
27,349
33,619
23, 334
21,689
18,918
17, 581
16,856
21,405
269,344
209, 278
161,929
138, 202
105,325
87, 766
102,872
332
"117,420
123, 657
141, 331
180,943
231,663
499
599
842
717
89
265
319
242
235
275
1,581
1,582
2,383
2,108
4.85
4.85
4.85
2,679
2,642
4,882
3,267
3,441
2,432
4.85
4.85
4.85
4.85
4.85
4.85
104, 661 aQQ 572
92, 912 • 86,' 537
474
2, 646 .
2, 585
4.85
4.85
4.85
2.80
2.90
3.12
2.79
3.00
3.00
3.00
3.00
3.00
2.80
2.80
2.80
5,635
8,068
4,646
5,153
4,880
3,714
5,759
5,552
9,571
12,284
13,059
16, 511
13,956
18,159
11,648
18,460
8,333
17,349
5,497
14,678
3,373
11,697
-2,931
8,829
59, 791
28, 913
39, 993
74,145
179,684
287, 204
339,978
358,780
343,132
229,065
91,250
72,916
7,731
9,622
7,700
8,645
7,012
5,998
4,489
5,371
6,515
6,506
6,787
6,932
27,094
25,978
29,838
29, 722
38, 702
39,899
32, 713
27,869
24, 773
23,075
22, 738
28,022
17, 656
103, 072
15, 747
92,157
17, 624
105, 684
17,110
105, 280
18,131
111,529
17,535
110,417
19, 614
110,573
18,431
107, 630
16,529
107, 265
17, 768
109, 639
17,160
105,925
16, 210
109,377
305
10,845
8,969
213
10, 700
30, 207
223
15,367
23, 568
170
13, 755
20, 407
200
12, 298
20,896
228
13, 646
27, 377
207
12, 338
36, 440
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
a
12,654
• 10,121
4,740
5,732
5,838
4,674
3,107
1,175
616
1,307
1,605
6,855
18,836
7,546
/168,465
5,378
8,128
13, 260
2,592
6,928
14, 866
2,787
4,646
14,199
2,601
2,642
15,198
1,208
1,189
16, 741
2,385
360
15, 574
3,326
12,114
3,038
11,466
1,020
8,428
1,744
2,510
6,800
3,420
10, 276
8,911
3,654
11,018
11,153
2,392
1.656
.975
1.006
.881
.935
.965
.706
FRUITS AND VEGETABLES
Apples:
Shipments car lot !
carloads..
Stocks, cold storage, end of month
thous. of bbl.
Citrus fruit, car-lot shipments t
carloads._
Onions, car-lot shipments !
carloads..
Potatoes:
Price, white, N. Y
dol. per 1001b..
.806
.713
18,386
21, 073
15,453 1 9,097
a
.906
1.120
1.800
12,362
19, 491
13, 854
a
9, 686
14,450
1,518
1.790
' 356,406
11,356
17, 688
20, 923
20,878
18, 393
Shipments, car lot !
carloads. _ 16,810
° Revised.
§ Bulk evaporated milk not included since December 1931.
' pec. 1 estimate.
* New series. Beverage figures are from the U. 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.
t 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.
43
SURVEY OF CURRENT BUSINESS
March 1936
Monthly statistics through December, 1931, 1936
together with explanatory footnotes and references to the sources of the data, may be found
in the 1932 Annual Supplement to the Survey January January
1935
February
March
April
June
May
July
October
August September
ber
FOODSTUFFS AND TOBACCO—Continued
GRAINS
Exports, principal grains, includingflourand
5,144
mealf
thous. of bu_.
Barley:
823
Exports, including maltf
thous. of bu_.
Price, no. 2, Minn.:
.67
Straight*
...dol. per bu_.
Malting*
dol. per bu..
Production, crop estimate thous. of bu_.
6,142
Receipts, principal markets*.thous. of bu_.
Visible supply, end of month*
thous. of bu._ 15,124
Corn:
48
Exports, including mealf
thous. of bu_.
Grindings
thous. of bu.. 6,044
Prices, wholesale:
.62
No. 3, yellow (Kansas City)_dol. per bu-_
No. 3, white (Chicago)
dol. per bu_.
0)
Production, crop estimate thous. of bu_.
Receipts, principal markets..thous. of bu_. 14,466
Shipments, principal markets
8,133
thous. of bu_.
Visible supply, end of month*
6,802
thous. of bu_.
Oats:
70
Exports, including oatmealf.thous. of bu_.
Price,no. 3, white (Chicago)..dol. per bu_.
.30
Production, crop estimate thous. of bu_.
5,652
Receipts, principal markets, thous. of bu__
Visible supply, end of month*
thous. of bu.. 41,123
Exportsf
pockets 100 lb_. 51, 059
Imports#
pockets 1001b.. 27,839
Price, wholesale, head, clean, New Orleans
.039
dol. per lb_.
Production, crop estimate.-.thous. of bu..
Southern States (La., Tex., Ark., and
Tenn.):
Receipts, rough rice, at mills
thous. of bbl. (1621b.)..
845
Shipments from mills (milled rice) total 2
thous. of pockets (100 lb.)..
1,019
Stocks, domestic, rough and cleaned (in
terms of cleaned rice) end of month
3,044
thous. of pockets (100 lb.)..
Rye:
1
Exports, including flour. ...thous. of bu_.
Price, no. 2, Minneapolis
dol. per bu_.
.53
Production, crop estimate. -_thous. of bu..
1,061
Receipts, principal markets*-thous. of bu_.
Visible supply, end of month*
8,412
thous. of bu.
Wheat:
Exports:!
Wheat, including flour thous. of bu.,
1,202
Wheat only
thous. of bu.
13
Prices, wholesale:
No. 1 Dark Northern Spring, Minn.*
1.33
dol. per bu.
No. 2 Red Winter, St. Louis
1.09
dol. per bu.
No. 2 Hard Winter, K. C-dol. per bu_.
1.13
Weighted average 6 markets, all, grades
1.07
dol. per bu.
Production, crop estimate, total
thous. of bu.
Spring
pring iwheat
thous. of bu.
Winter wheat
thous. of bu.
Receipts
thous. of bu._
9,277
Shipments
thous. of bu.
7,964
Stocks, visible supply, world.thous. of bu.
Canada
__thous. of bu. 243, 631
United States*
.thous. of bu. 68,010
Stocks, held by mills (quarterly)
thous. of bu.
Wheat flour:
Consumption (computed) f-thous. of bbl__
9,339
Exports
thous.of bbl-.
253
Grinding of wheat
thous. of bu._ 40,050
2,050
1,615
1,762
1,478
1,607
1,594
2,003
3,449
2,777
2,601
2,481
628
209
128
88
79
67
549
581
1,953
1,138
872
1,240
1.09
1.18
1.08
1.15
1.01
1.08
.97
1.07
.87
.94
.71
.82
.58
.65
.52
.59
.58
.61
.65
.56
.62
2,297
1,893
2,104
2,550
3,205
2,628
1, 559
7,645
13, 780
9,923
7,827
'292, 249
4,809
12, 962
11,516
9,005
7,684
6,845
5,169
3,681
6,412
12,009
16,0S7
16, 571
15,474
74
4,051
51
3,399
62
4,574
44
5,513
39
4,571
29
4,028
63
•4,001
74
3,917
28
4,710
46
6,021
42
5,630
.93
.94
.92
.91
.87
.87
.84
.84
.78
.82
.81
.85
.62
.64
32
5,748
.61
.56
7,559
9,878
10, 850
9,091
7,313
6,146
7,129
9,544
18,879
2,202,852
18, 729
.92
.94
6,720
5,999
8,931
7,767
9,308
7,905
7,356
6,039
4,565
3,342
3,102
3,812
7,256
8,828
34,204
28,160
21,923
15,924
12,041
8,860
7,317
6,821
3,932
2,481
4,884
7,685
91
.56
54
.54
68
.49
65
.50
63
.44
303
154
.36
70
.29
142
.30
105
.30
83
.29
77
.29
1,983
2,256
2,261
2,224
3,351
1,901
2,544
28,907
21,300
12,089
6,201
1,195,435
4,489
45,863
46, 637
42, 012
148, 651 342, 068
21,932
19, 769
90,247
25,040
21, 258
19,443
14,366
11,867
10, 786
8,399
7,075
25,068
41,430
73,882
93, 287
46,194
182,985
26,121
81,158
141, 593
15, 644
288, 072
7,717
329, 712
6,897
55, 374
11, 789
35,182
12,412
90,194
14,056
.049
.039
.039
.040
.040
.040
.040
.040
.040
.040
.040
/ 38,452
688
1,280
825
175
143
82
14
272
930
2,402
1,796
"657
829
1,054
910
953
961
529
270
331
591
1,224
882
538
2,247
2,562
2,550
1,842
1,075
632
383
333
709
1,999
2,968
3,136
0
.61
0
.54
0
.46
2
.48
0
.45
2
.47
0
.52
2
.49
0
.61
86
57
405
190
1,680
298
286
2,212
2,461
2,754
1,991
0
.49
/ 57,936
1,169
11,486
10,630
9,652
8,988
9,198
8,559
6,907
7,060
8,367
9,088
9 r 660
9,022
1,257
14
1,301
4
1,502
10
1,281
30
1,426
2
1,195
8
1,231
66
1,278
8
1,324
14
1,489
14
1,6
30
1,132
34
1.18
1.15
1.13
1.19
1.16
1.05
1.13
1.27
1.33
1.34
1.28
1.28
1.02
1.01
.98
1.00
.95
.97
.97
1.05
.93
.87
.99
.92
1.04
1.03
1.15
1.10
1.19
1.05
1.13
1.06
1.11
1.12
1.12
1.06
1.13
1.03
1.07
42,289 27,883
14,501
15, 595 14, 695 12,403
418,130 443,400 436,690
219,903 259,869 257,424
78,631 82,406 80,371
/603,199
/169,752
r
433,447
9,943
7,181
484, 010
259,928
74,730
0
.76
0
5,127
8,638
517,317
242,363
74, 774
3,771
6,846
481,793
235,515
62, 769
8,600
265
37,766
8,009
276
4,668
6,355
445,599
227, 259
52,735
.97
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
87,314
8,697
317
36,309
10, 024
11,217
342,490
194, 779
23,739
.97
28,895
11,233
339,480
192,419
36,674
48,169
14,997
359,920
186,114
64,198
7,665
248
7,646
270
37,141
155, 791
58, 700
7,624
253
1.00
8,567
279
41,686
139, 774
10,703
314
45,664
10,373
335
a
7,923
234
° 33,123
33, 745
34, 509
35,466
35,567
33,918
38,254
Standard Patents, Minn_._dol. per bbl__
7.19
7.32
7.16
8.38
7.99
8.48
8.21
6.87
7.28
7.48
7.22
Winter, straights, Kansas City
7.44
8.15
dol. per bbl.
5.66
6.09
6.24
7.06
7.19
5.79
6.69
5.54
5.75
5.91
5.69
Production:
6.13
6.84
Flour, actual (Census)
thous. of bbl_.
8,644
7,986
8,082
9,055
8,315
9,897
• 7,175
7,381
7,599
7,787
7,806
Flour prorated, total (Russell's)!
7,387
8,274
9,386
thous. of bbl-_
8,767
8,016
9,746 11,116
9,024
• 8,349
7,857
8,465 634,700
8,290
8,125
Offal
thous. of l b - 728,290 657,904
8,163 659, 717 744,779 821, 200
9,802 '595, 761
Operations, percent of total capacity
48
46
54
49 621,828 625,958 597,746 599, 548
51 599,975
61
59 692,087
Stocks, total, end of month (computed)
47
53
48
48
5,400
46
thous. of bbl._
53 • 5,592
4,700
4,500
5,400
4,500
5,600
4,100
4,600
4,270
4,200
Held by mills (quarterly)., thous. of bbl—
3,582
3,864
4,222
3,639
4,400
4,600
• Revised.
a Brewer's rice not included.
/ Dec. 1 estimate
1 No quotation.
* New series. For earlier data, see p. 20 of the November 1932 issue, rye and barley receipts and rye stocks; and p. 20 of the June 1935 issue, wholesale price of wheat,
No. 1 Dark Northern Spring, Minneapolis. Since the division of no. 2 barley by the Department of Agriculture into straight and malting grades as of July 1,1934, prices
for each grade have been reported separately.
f Data revised. For revisions of wheat flour, production and consumption (Russell's) from July 1931 to December 1932, see p. 19 of the August 1933 issue. For revised
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.
• Represent the visible supply east of the Rocky Mountains as reported by Dun & Bradstreet.
# See footnote on p. 37 of this issue. Data for 1933 also revised, see p. 20 of the October 1934 issue, and for 1934, revisions p. 20 of the December 1935 issue.
44
SURVEY OF CURRENT BUSINESS
March 1936
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
January
February
March
April
May
June
July
vein-1 DecemAugust SeptemOctober Nober
ber
ber
FOODSTUFFS AND TOBACCO—Continued
LIVESTOCK AND MEATS
Total meats:
Consumption, apparentA
mills. oflb_.
Production (inspected slaughter) A
mills, of lb—
Stocks, cold storage, end of month, total A
mills, of lb-_
Miscellaneous meats
mills, oflb__
Cattle and beef:
Beef and veal:
Consumption, apparentA--thous. of lb_.
Exportst—
thous. of lb._
Price, wholesale:
Beef, fresh native steers, Chicago
dol. per R^Production, inspected slaughter A
thous. of lb__
Stocks, cold storage, end of monthA
thous. of lb_.
Cattle and calves:
Movement, primary markets: 0
Receipts
thous. of animals..
Slaughter, local
thous. of animals..
Slaughter, inspected. (See Leather
and leather products.)
Shipments, total
thous. of animals._
Stocker and feeder-thous. of animals__
Price, wholesale, cattle, corn-fed, Chicago
dol. per 1001b—
Hogs and products:
Hogs:
Movement, primary markets:*
Receipts
thous. of animalsSlaughter, local
thous. of animalsSlaughter, inspected. (See Leather
and leather products.)
Shipments, total...thous. of animals..
Stocker and feeder.-thous. of animals.
Price, heavy, Chicago.._dol. per 100 lb—
Pork, including lard:
Consumption, apparent A-thous. of lb._
Exports, totalt—
—thous. of l b Lardf
thous. of lb—
Prices:
Hams, smoked, Chicago.dol. per lb—
Lard:
Prime contract, N. Y.._dol. per lb—
Refined, Chicago*
dol. per ReProduction, inspected slaughter, total A
thous. of lb-.
Lard A
thous. of lb—
Stocks, cold storage, end of mo.
Fresh and cured A
Lard A
thous. of lb—
thous. of lb._
thous. of lb._
1,009
1,003 |
777
828
882
917
808
871
876
834
1,015
915
933
1,144
988 |
777
782
799
843
744
780
818
777
992
958
1,023
698
79
1, 021
110
981
913
78
813
66
716
57
C41
53
540
50
478
50
422
49
402
53
448
63
« 563
a 74
493,972
728
468, 814
1,342
365, 414
1,164
394, 538
1,285
405, 041
1,034
425, 522
1,084
380, 687
623
416, 360
988
471,179
1,193
472,160
1,226
546, 724
1,013
473, 218
1,041
464, 510
604
.180
.157
.175
.184
.192
.191
.174
.170
.179
.179
.169
.166
.178
484,406
449, 865
345, 112
374,848
374, 311
404,144
366, 834
404, 365
463, 641
465, 982
559, 057
492, 498
472, 516
104,331
127, 097
110,777
98, 550
77, 559
63, 523
55, 653
49,473
47, 292
48, 226
65,484
91,164
'106, 210
1, 785
1,158
1, 889
1,226
1,381
859
1,470
915
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
1,143
623
198
649
199
509
192
537
192
587
219
596
237
494
150
414
145
792
302
978
441
1,198
629
911
445
650
242
12.11
10.88
11. £
12.33
12.55
12.43
11.50
10.90
11.54
11.31
11.41
11.36
12.21
2,524
1,774
2 422
1,' 651
1, 823
1,223
1,622
1,126
1,650
1,138
1,551
1,075
1,301
926
1,336
912
1,278
874
1,220
824
1,652
1,182
1,671
1,149
2,036
1,428 .
745
38
9.73
764
30
601
26
8.49
498
32
9.29
506
28
8.96
477
26
9.41
375
27
9.49
420
24
9.49
401
31
11.26
390
22
11.41
463
25
10.19
9.42
526
24
606
36
9.51
450,560
14,929
10,117
482, 726
27, 419
17, 667
365, 749
24,165
15, 890
377, 014
19,364
10, 635
415, 462
14, 787
7,193
427, 060
20, 294
9,740
370,858
15, 041
6,877
395, 089
13,413
4,915
341, 068
10, 256
3,406
301, 338
6,213
1,515
399, 239
7,425
2,731
387,163
14, 872
7, 932
413,271
12, 832
7,853
.263
.165
.176
.185
.195
.203
.213
.223
.264
.279
.260
.267
.273
.109
.153
.136
.144
.143
.145
.144
.148
.138
.143
.141
.148
.147
.154
.151
.158
.168
.177
.169
.177
.151
.164
.138
.144
.117
.134
595,065
96, 392
484,691
78, 393
385, 906
61,221
351,302
55, 640
363-, 631
57, 704
373,924
58, 684
321, 685
49,102
315,612
45, 772
290,419
41,306
250, 608
34, 392
363,102
47, 758
409,862
58, 072
495,296
74, 009
511,321
435, 550
75,771
780,481 776,795
667,984 ! 686,598
112,497 \ 110,197
732, 280
627, 346
104,934
666,105
564,881
101,224
593,399
503,413
89,986
529,987
445,307
84, 680
438,345
369,910
68, 435
378,786
325, 249
53, 537
322, 955
277, 605
45,350
281,365
240,663
40, 702
291,115
253,209
37,906
56,365
61,319
64,862
56,361
59,874
63, 986
60, 255
69,370
54, 961
54,837
63, 641
59, 941
69,983
55, 702
55, 231
Sheep and lambs:
Lamb and mutton:
Consumption, apparentA--thous. of Re- 64,298
production, inspected slaughter A
thous. of Re- 64,140
stocks, cold storage, end of mo.
2,821
thous. of lb—
Movement, primary markets:*
1,862
Receipts
thous. of animal
1,127
Slaughter, local
thous. of animals..
Slaughter, inspected. (See Leather and
leather products.)
732
Shipments, total
thous. of animals-.
94
Stocker and feeder.thous. of animals..
Prices, wholesale:
4.50
Ewes, Chicago.
-dol. per 100 l b . .
Lambs. Chicago
dol. per 100 lb— 10.25
Poultry and eggs:
Eggs:
Receipts, 5 market
thous. of cases-..
Stocks, cold storage, end of month:
159
Case
thous. of cases..
Frozen
thous. of lb— 59,950
Poultry:
Receipts, 5 markets
thous. of lb— 21, 433
Stocks, cold storage, end of mo.
thous. of lb— 104, 024
53, 665
45,856
l
379,495
326, 777
°52,718
l
52,990
45, 600
56,179
61, 089
64, 678
55,946
59, 653
3,819
3, 506
3,218
3,031
2; 354
2,376
2,109
1,730
1,376
1,968
2,661
1,749
1,022
1,522
850
1,803
1,011
2,106
1,223
2, 2'51
1,227
1,994
1,037
2,368
1,185
2,577
1,144
2,822
1,109
3,055
1,225
1,732
927
1,588
966
720
151
666
134
784
137
886
88
1,046
86
891
81
1,169
109
1,434
342
1,660
533
822
335
620
112
4.09
6.47
4.13
6.63
4.00
6.58
3.69
6.72
3.00
6.72
2.95
8.23
3.09
8.25
3.28
8.95
4.11
9.81
4.35
10.80
750
858
1,488
1,866
1,963
1,503
1,170
856
781
704
641
784
39
52, 726
34
39,413
1,508
39, 516
3,901
59,313
6,366
84,680
7,595
107,937
7,947
116,274
7,373
112, 585
6,353
98,653
4,644
88,018
2,738
79, 035
<» 964
" 69, 546
62, 486
3.91 I
6.53
9.00
a
3, 025
56,321
23, 641
16, 501
13, 542
14,178
15,147
18, 615
18, 646
16, 765
21, 783
28,332
122, 285
106, 776
83, 713
61,815
48, 274
47, 051
41, 262
34,911
39, 720
53,156
30,508
23,378 i 46,706
.0527
.0525
44, 285
.0500
17, 051
.0491
11,763
.0474
12, 332
.0470
18, 229
.0501
21, 593
.0501
12, 587
.0517
19,388
.0510
19,005
.0501
24,357
.0517
61,247
59,032
52, 091
30,175
22, 657
14,631
12, 796
17,399
14, 696
10,820
23,345
39,786
54,930
l
107, 389
TROPICAL PRODUCTS
Cocoa:
Imports!
—
long tons—
Price, spot, Accra, N . Y
dol. per lb—
Shipments, Gold Coast and Nigeria
long tons—
° Revised.
A Government slaughter not included, 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.
45
SURVEY OF CURRENT BUSINESS
March 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
January January February
March
April
May
June
July
August
SeptemNovem- DecemOctober
ber
ber
ber
FOODSTUFFS AND TOBACCO—Continued
TROPICAL
PRODUCTS—Continued
Coffee:
Clearances from Brazil, total
1,563
thous. of bags..
954
To United States
thous. of bags__
Imports into United States #
1,248
thous. of bags_.
.066
Price, Rio No. 7, N. Y
dol. per lb_.
1,409
Receipts at ports, Brazil. _ _thous. of bags..
Stocks, world total, incl., interior of Brazil
thous. of bags..
0)
Visible supply, total excl. interior of
7,832
Brazil
thous. of bags..
832
United States.
thous. of bags_.
Sugar:
Raw sugar:
Cuba:
Stocks, total, end of month
755
thous. of long tons..
united states.
321,986
Meltings, 8 portsf..
-long tons..
Price, wholesale, 96° centrifugal, New
.033
York
dol. per lb_Receipts:
From Hawaii and Puerto Rico
long tons.. 90,223
246,005
Imports! #
- - long tons
Stocks at refineries, end of mo.f
long tons.. 178,176
Refined sugar:
4,867
Exports, including maplef
long tons..
.053
Price, retail, gran., N. Y
dol. per lb_.
.052
Price, wholesale, gran., N. Y.dol. per lb._
xteceipLb.
From Hawaii and Puerto Rico*
long tons..
5,506
Imports:
Cuba* A .
_.
long tons.. 26,987
0
Philippine Islands*
long tons..
57, 640
Shipments, 2 portst
long tons
Stocks, end of month, 2 ports|-long tons.. 13,340
1,096
609
1,118
724
1,006
610
1,138
612
1,390
687
1,316
734
1,308
728
1,298
637
1,466
887
1,651
879
1,420
779
1,474
824
1,059
.094
1,093
1,199
.085
1, 029
1,201
.076
1, 514
1,061
.071
1,344
911
.071
1,509
971
.069
1,440
1,114
.066
1,343
943
.064
1,379
1,130
.066
1,431
1,237
.068
1,651
1,086
.066
1,472
1,299
.065
1,539
25, 904
25, 633
25,060
24,722
24, 032
22, 930
23, 204
24,716
27, 204
0)
0)
0)
6,537
705
6,477
878
6,915
769
7,153
715
7,374
655
7,540
672
7, 670
799
7,749
790
7,653
863
7,794
941
7,669
817
7,844
988
930
1,789
2,317
2,465
2,230
1,993
1,589
1,158
1,076
979
912
775
356, 818
300,884
327, 724
340, 929
436, 500
323,013
414,436
331, 240
301, 969
313,903
240, 378
241, 580
.028
.029
.030
.033
.033
.033
.033
.033
.035
.036
.035
.031
100, 368
484,448
151,033
139,153
181,898
205, 251
168,519
242,346
125,811
225,913
163,091
210,218
117, 378
326, 736
120, 832
511,025
116, 556
117,163
73,641
82,044
69,960
54,844
67, 731
38,864
483,143
424,085
492,247
567, 039
509,028
504, 813
536, 236
571,925
512,518
370, 639
310,543
211,023
8,948
.052
.042
10, 307
.051
.042
7,932
.051
.043
4,209
.052
.049
3,187
.053
.052
5,681
.053
.052
6,496
.055
.051
12,450
.055
.050
13,369
.056
.051
14,485
.056
.052
10,308
.057
.052
4,375
.056
.052
6,972
18,816
13,158
12,806
15, 028
16, 260
12,099
6,472
6,381
1,534
1,402
225
53,280
18
42,309
18,110
18, 385
0
46, 577
15, 565
15, 263
729
50, 515
16, 026
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
6,555
58, 606
13,346
101,105
0
50,451
13, 742
7,666
0
46,853
9,754
8
0
40, 943
9,951
2,298
0
34,026
15,842
636
693
30, 636
9,352
Tea:
Imports#
thous.
Price, wholesale, Formosa, fine,
N. Y.of 1b
dol. per lb_MISCELLANEOUS PRODUCTS
6,067
7,385
6,524
8,401
6,049
5,999
5,499
5,830
6,521
8,457
9,326
7,867
8,378
.275
.215
.275
.275
.275
.275
.275
.275
.275
.275
.275
.275
.275
Candy sales by manufacturers,thous. of dol_.
x isn.
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 l b . .
22,584
20, 475
21, 238
21,753
20,419
19, 637
14,434
11,191
16, 910
27,886
26,187
27,030
26,170
20,120
21,616
348, 805
27, 454
659, 355
37,369
676,996
44, 343
309,459
41, 588
203, 609
38, 378
368,097
42,811
407,363
41, 769
732, 630
38, 445
950, 789
42, 793
462, 745
33,368
26,437
64,176
51, 574
35, 213
22,068
21, 691
35,905
48,157
59,443
66, 527
70, 079
76, 332
74, 845
31,711
4,418
24, 629
4,501
31,897
4,643
17,937
5,700
17, 386
4,044
12, 452
6,623
14, 782
5,250
22,644
6,086
52,671
4,943
60, 488
8,470
42,060
67 793
4,843
3,781
(
(0
1,283,742
\
Production, crop estimate
41,929
8,430
thous. of lb._
Stocks, total, including imported types
(quarterly)
__
. mills, of lb
Flue-cured, fire-cured, and air-cured
mills, of lb
Cigar types
.mills, of lb _
Manufactured products:
Consumption (tax-paid withdrawals):
12, 725
Small cigarettes
millions
Large cigars
thousands.. 336, 579
lvianuiactureQ looacco ano. DIIUII
thous. of lb_. 29, 490
385,525
Exports, cigarettes
thousands
Prices, wholesale:
5.380
Cigarettes
dol. per 1,000..
Cigars
dol. per 1,000 . 45. 996
2,348
2,163
a
2, 200
2,367
1,866
387
1,701
374
° 1, 772
a
348
1,945
343
11 337
9 306
327, 578 320,864
10, 200
351,694
10, 697
373, 673
11,709
407, 731
12,120
402, 272
13,138
432,159
11,975
422, 282
10, 774
430, 959
12,711
524, 399
10, 801
457] 299
9 841
312) 974
30,120
332,412
26,103
329, 290
27,970
323, 732
27, 689
261, 677
30, 603
382,815
27, 879
308, 500
29,066
304, 549
30, 212
307,484
28,984
297, 240
31,916
324, 298
26,687
393,886
23,096
337, 227
5.380
46. 697
5.380
48. 820
5.380
46. 820
5.380
46.041
5.380
46. 041
5.380
46. 041
5.380
46. 005
5.380
45. 996
5.380
45.996
5.380
45. 996
5.380
45. 996
5.380
45.996
88
89
162
120
87
118
9.657
4,172
3, 587
9.969
4,279
3,681
10.065
3,160
2,868
10. 045
4,620
4,116
FUELS AND BYPRODUCTS
COAL
Anthracite:
Exports
thous. of long tons
Prices:
Retail, composite, chestnut!
dol. per short ton..
Wholesale, composite, chestnut t
dol. per short ton..
Productionf—thous. of short tons._
Shipments!
thous. of short tons__
141
116
140
84
121
156
156
12.96
13.01
13.02
13.01
12.47
11.70
11.63
11.86
12.07
9.981
5,203
4,865
11.033
5,691
5,071
9.841
4,505
3,946
9.716
3,082
2,555
9.132
4,806
4,168
8.809
4, 919
4,347
8.918
5,642
4,879
9.245
3,536
3,032
9.436
2,591
2,393
12.83
i D a t a n o t available.
o Revised.
/ Dec. 1 estimate.
t Revised series. For revisions refer to t h e indicated pages of t h e m o n t h l y issues, as follows: Exports of tobacco for 1932. p . 42, J u n e 1933, data revised for 1933, see
p. 20 of t h e September 1934 issue. For 1934 revisions see p . 19 of t h e December 1935 issue. 1932 final revision of anthracite production, p . 42, J a n u a r y 1934. Anthracite
shipments for 1932, p . 42, December 1933. For revised data for 1932 on sugar meltings and stocks, see p . 41 of t h e M a y 1933 issue. For 1932 revisions of sugar imports a n d
exports see p . 41 of t h e J u n e 1933 issue. For revisions of exports in 1933, see p . 20 of t h e September 1934 issue. Revised data on shipments and stocks of refined sugar at
2 ports (for period J a n u a r y 1925-April 1935) are shown on p . 18 of t h e October 1935 issue. T h e change resulted from a reduction in t h e n u m b e r of reporting refineries.
# See footnote on p . 37 of this issue. D a t a revised for 1933, see p . 20 of t h e October 1934 issue. For 1934 revisions, see p . 20 of t h e December 1935 issue.
J Price converted to short-ton basis. D a t a on a short-ton basis prior to April 1931 were not published. Earlier m o n t h l y data were reported on a long-ton basis.
A
N o t e major correction in d a t a on imports of refined sugar from C u b a J u n e - N o v e m b e r 1934 were shown in t h e F e b r u a r y 1935 issue.
* N e w series. For earlier data, see p . 20 of t h e August 1934 issue, for receipts of refined sugar from Hawaii and P u e r t o Rico and imports from Cuba. D a t a prior to
M a y 1934 on imports of refined sugar from t h e Philippine Islands are not available.
^ M o n t h l y retail price of coal was discontinued w i t h t h e m o n t h of August 1935. Subsequent to t h a t m o n t h t h e price will be shown quarterly.
46
SUEVEY OF CURRENT BUSINESS
Monthly statistics through December, 1931, 1936
together with explanatory footnotes and references to the sources of the data, may be found
Februin the 1932 Annual Supplement to the Survey January January
ary
March 1936
1935
March
April
May
June
July
August SeptemOctober November
ber
De
b r-
FUELS AND BYPRODUCTS—Continued
COAL—Continued
Anthracite—Continued.
Stocks in storage: *
1,415
921
1,462
774
970
Total
thous. of short tons..
456
705
1,758
Stocks, in yards of dealers, end of month
23
24
23
24
54
60
64
44
no. of days' supply72
27
36
Bituminous:
Consumption:
4,990
4,649
4,199
4,539
4,178
4,381
4,134
3,765
Coke plants
thous. of short tons..
4,171
3,969
4,086
3,860
Electric power plantsf
3,434
3,441
3,011
• 3,144
2,802
2,677
2,643
2,960
2,540
3,038
2,579
thous. of short tons..
5,231
5,550
5,449
4,329
5,094
5,389
4,789
4,535
4,822
4,575
Railroads
thous. of short tons..
4,706
96"
91
79
161
82
99
128
156
144
161
Vessels, bunker
thous. of long tons..
95
132
902
366
804
351
955
983
Exports
thous. of long tons..
1,080
356
882
772
323
Price, retail composite, 38 cities 1
8.41
8.37
8.39
8.12
8.05
dol. per short ton..
8.12
8.39
8.24
8.11
8.58
Prices, wholesale:
4.324
4.180
4.237
4.234
4.252
4.180
4.336
Composite, mine run.dol. per short ton4.233
4.180
4.180
4.217
4.320
Prepared sizes (composite)
4.451
4.508
4.459
4.336
4. 314
4.294
4.432
4.446
4.281
4.314
dol. per short ton..
4.277
4.547
1
;
1
37, 768 ' 33,404
36, 752
34,834
38, 701 121,970
26,164 • 25, 038
Productiont
thous. of short tons.. 39, 330
26, 849 '30,117
' 22, 339
Stocks, consumers, and retail dealers, end
39,911
40, 904
32, 045
32,197
40, 772
41,127
of month..
thous. of short tons.. 32,868
38, 543
40, 378
35, 541
39,553
36, 249
COKE
43
58
32
54
62
70
25
23
50
Exports
thous. of long tons..
54
18
Price, furnace, Connellsville
3.58
3.33
3.73
3.33
3.37
3.73
3.54
3.70
3.60
dol. per short ton._
Production:
101
142
90
56
46
56
93
61
101
67
57
Beehivef
thous. of short tons..
3,116
2,802
3,052
2,600
2,670
2,836
2,778
3,309
2,566
2,911
2,781
2,793
Byproduct!
thous. of short tons..
108
119
116
135
120
131
123
119
140
132
110
120
Petroleum
thous. of short tons..
Stocks, end of month:
2,110
3,026
2,975
3,129
3,192
3,130
2,995
2,787
2,860
2,961
3,019
2,791
Byproduct plants
thous. of short tons..
360
454
427
441
424
375
353
367
416
397
458
Petroleum, refinery..thous. of short tons..
PETROLEUM AND PRODUCTS
Crude petroleum:
83,180
85,132
• 83, 347
84,584
84,903
81, 724
75,456
70,817
76, 630
80, 412
Consumption (run to stills)-thous. of bbl__ 85, 776
75, 066
2,128
2,870
2,815
3,110
2,937
3,000
1, 753
3,160
1,699
3,227
2,651
Imports^
thous. of bbl— 2,256
.940
.940
1.015
.940
.940
.940
.940
.940
.940
.940
.940
Price, Kansas-Oklahoma
dol. per bbL.
.940
86,476
84,109
88,160
84,816
82, 338
82,454
85,485
72, 763
81,488
78, 427
78, 715
Productionf§
thous. of bbl_. 88,820
73
74
73
74
74
74
74
72
68
70
Refinery operations
.pet. of capacity. .
Stocks, end of month:
California:
Heavy crude and fuel oil§
60,075
59, 388
58,518
58, 243
57, 894
60, 689
59,714
58,928
thous. of bbL. 62,802
60, 879
58, 818
37, 646
35, 591
40,640
34, 981
32, 662
33, 494
33, 282
37, 447
33, 233
37, 823
36, 872
35, 377
Light crude§
thous. of bbl
East of California, totalt§-thous. of bbL. 265,195 293, 226 292, 776 295, 351 297, 380 298, 240 294, 314 289, 703 284, 471 278, 643 274, 568 270, 906
50, 495
51,751
53, 710
56, 055
57, 584
56, 316
59,909
55,892
56, 081
57, 651
59, 343
Refineriest§
thous of bbl . . 48, 789
Tank farms and pipe linest§
thous. of bbl._ 216,406 237, 334 236,460 237, 700 238, 037 238,331 236, 730 233, 622 228,416 224, 933 222,817 220, 411
1,304
1,218
1,433
1,428
1,385
1,348
1,004
1,103
1, 209
1,248
1,467
Wells completedt§
---number.
Refined products:
Gas and fuel oils:
Consumption:
1,100
1,161
1,041
852
1,085
1,011
931
814
Electric power plantsf--thous. of bbL_
892
796
764
849
3,682
3,898
3,366
3,381
3,241
3,390
3,300
3,108
3,365
3,437
3,441
Railroads
thous. of bbL.
2,740
2,329
2,560
2,762
2,621
2,496
2,590
2,402
2,666
2,148
2,477
Vessels, bunker
thous. of bbL
2,698
Price, fuel oil, Oklahoma, 24-26 refineries
.713
.700
.740
.750
.775
.756
.765
.750
.750
dol. per bbL.
.750
.750
Production:
22,
652
23,
278
21,
495
21,
232
20,
267
20,
210
19,
328
19,178
24,
573
20,453
21,311
20,335
Residual fuel oil*t§
thous. of bbL.
Gas, oil and distillate fuels* t§
9,068
8,205
8,129
8,709
7,183
8,198
7,147
10,
587
8,678
7,696
thous. of bbl_.
Stocks:
Residual fuel oil, east of California* t .
26, 265 25, 509
27, 351
27,179
26,909
25, 548
24,136
23, 614
22, 677
23,884
25, 274
thous. of bbL. 20, 281
Gas, oil and distillate fuels, total* §
24, 299 23, 263
24, 272
20, 232
23, 860
22,915
16, 260
16, 232
17, 365
18,021
16, 052
thous. of bbL. 17, 418
Gasoline:
41, 401 35,956
37,862
42,836
41, 203
37,884
32, 553
39, 089
26, 432
36, 076
28,062
31,997
Consumptionf§
thous. of bbl
2,760
2,195
2,678
2,453
2,759
2,729
2,308
1,092
1,848
2,081
1,330
1,845
Exports*
thous. of bbl..
Exports, value. (See Foreign trade.)
Price, wholesale:
.173
.173
.173
.173
.166
.154
.128
.162
.163
.120
.138
.136
Drums, delivered, N. Y_.dol. per gal._
.056
.056
.056
.056
.056
.056
.044
.053
.060
.051
.045
.046
Refinery, Oklahoma
dol. per gal__
Price, retail, service station, 50 cities
.137
.135
.134
.138
.141
.140
.139
.132
.133
.136
dol. per gal
Production:
3,598
3,574
3,202
3,064
3,132
3,134
3,085
2,952
3,223
3,056
3,286
3,653
At natural gas plantsf§-thous. of bbL.
41, 956 40, 260
39,817
40,488
40, 667
38,180
32, 702
34, 728
37, 583
35, 314
39, 544
35, 330
At refineriesf§
thous. of bbl
Retail distribution (41 States)!
1,204
1,093
1,174
1,258
1,243
1,145
1,113
970
1,043
809
mills, of gal.
Stocks, end of month:
2,442
1,945
2,760
2,975
3,027
2,745
2,579
1,472
2,050
1,743
1,778
1,461
At natural gas plants§.-.thous. of bbl..
27,166
32, 499
26, 549
30, 550
34, 725
40, 220
37,867
33, 224
36,158
27, 280 28,043
At refineriesf§
thous. of bbl
1
b Revised.
Figures revised to reflect transfers between pipeline and refinery stocks beginning December 1935.
t 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. Revisions not shown on p. 43 of the June 1935 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. 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. 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.
*f Monthly retail price of coal was discontinued with the month of August 1935. Subsequent to that month the price will be shown quarterly.
A. Beginning with August 1934 certain anthracite stocks were included which had not been covered in previous reports.
47
SUEVEY OF CURKENT BUSINESS
March 1936
Monthly statistics through December 1931, 1936
together with explanatory footnotes and references to the sources of the data, may be found
in the 1932 Annual Supplement to the Survey January January
1935
February
March
April
June
May
July
DecemOctober NovemAugust September
ber
ber
FUELS AND BYPRODUCTS—Continued
PETROLEUM AND PRODUCTS—
Continued
Refined products—Continued.
Kerosene:
Consumptionf§
thous. of bbl.
Exports
thous. of bbl.
Price, 150° water white, refinery, Pa.
dol. per gal.
Production^.
thous. of bbl.
Stocks, end of month§
thous. of bbl.
Lubricating oil:
Consumptionf§—_
..thous. of bbl.
Price, cylinder oil, refinery, Pa.
dol. per gal.
Production§
thous. of bbl.
Stocks, refinery, end of month§
thous. of bbl.
Other products:
Asphalt:
Imports#
thous. of short tons.
Productionf§
thous. of short tons.
Stocks, refinery, end of month
thous. of short tons.
Coke. (See Coke.)
Wax:
Production
thous. of lb.
Stocks, refinery, end of mo§
thous. of lb.
4,299
4,597
441
3,959
538
3,751
3,545
2,768
614
2,885
456
3,631
519
3,892
750
4,520
370
4,724
585
5,081
497
.051
4,761
6,599
.047
5,011
6,388
.049
4,791
6,119
.050
5,215
6,834
.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
.050
4,624
7,915
1,396
1,557
1,297
1,617
1,802
1,919
1,558
1,655
1,667
1,697
1,820
1,576
1,433
.120
2,309
.110
2,175
.113
2,028
.110
2,251
.110
2,309
.113
2,392
.120
2, 247
.120
2,213
.120
2,399
.120
2, 357
.120
2,463
.120
2,453
.120
2,484
7,127
7,100
7,416
7,277
7,026
6,897
6,855
6,517
6,649
6,607
6,612
6,857
7,025
1
198
3
147
9
132
182
1
251
0
308
2
350
2
352
7
343
6
351
12
248
3
203
461
366
378
409
411
424
435
405
354
341
377
405
473
363
44,800
36,960
35, 280
37,240
43,120
41,160
31,360
32, 480
35, 000
36,400
39,200
41, 720
40,320
118,636
141,252
145, 744
141,809
144,153
145, 982
141, 506
138, 941
136, 646
131, 560
124, 557
120, 398
114,675
LEATHER AND PRODUCTS
HIDES AND SKINS
Imports, total hides and skinsf#-thous. of lb._
Calf and kip skins
thous. of lb__
Cattle hides
thous. of lb._
GoatskinsJ
thous. of lb__
Sheep and lamb skins
thous. oflb._
Livestock, inspected slaughter:
CalvesA
thous. of animals..
CattleA
thous. of animals..
Hogs
thous. of animals..
SheepA
thous. of animals..
Prices, wholesale:
Packers, heavy native steers, Chicago
dol. per lb__
Calfskins, no. 1 country, Chicago
dol. per lb._
Exports:
MATHER
Sole leather
thous. of lb__
Upper leatherf*
thous. of sq. ft-_
Production:
Calf and kip*
thous. of skins.Cattle hides*f
thous. of hides.Goat and kid*?
thous. of skins-.
Sheep and lamb*fj
thous. of skins-_
Prices, wholesale:
Sole, oak, scoured backs (Boston)
dol. perlb..
Upper, composite, chrome, calf, black,
" B " grade
dol. per sq. ft..
Stocks of cattle hides and leathers (all kinds)
end of month:
Total*1
thous. of equiv. hides-.
In process and finished*
thous. of equiv. hides..
Raw*f
thous. of equiv. hides-_
LEATHER MANUFACTURES
Gloves and mittens:
Production (cut), total*.
dozen p a i r s . .
Dress and semidress*
dozen pairs-.
Work*
dozen p a i r s . .
Shoes:
Exports
thous. of p a i r s . .
Prices, wholesale:
M e n ' s black calf blucher,
Boston
dol. per p a i r M e n ' s black calf oxford, lace,
St. Louis
dol. p e r p a i r . .
Women's colored blucher (St. Louis),
average*
. . d o l . per pair_.
28,264
2,390
12,768
6,042
2,499
16,879
1,289
5,610
5, 752
2,549
18, 568
1,306
7,402
5,870
2,351
24, 705
1,429
11,801
6,480
3,440
24, 736
1,140
12,815
6,132
3,160
27,003
1,810
12, 275
6,056
4,643
25,107
2,942
10, 203
7,277
3,348
33,178
2,164
16, 329
8,211
4,470
28, 357
1,931
11, 907
7,950
3,576
25,056
2,225
11,712
6,133
3,146
27,786
2,236
12, 670
5,574
5,827
25, 373
1,960
11,631
6,299
2,685
27,152
2,291
11,153
6,492
3,872
476
906
3,428
1,540
512
978
3,047
1,345
391
663
2,409
1,137
473
691
2,158
1,374
511
683
2,177
1,483
508
735
2,172
1,584
439
669
1,828
1,421
464
745
1,712
1,546
472
875
1,668
1, 665
458
886
1,453
1,549
531
1,083
2,135
1,765
480
956
2,422
1,407
481
892
2,874
1,369
.150
.120
.111
.104
.113
.123
.124
.130
.132
.143
.154
.157
.148
.118
.153
.156
.146
.138
.158
.176
.181
.175
242
5,522
1,316
1,661
3,587
2,802
382
4,595
1,399
1,717
4,061
3, 039
443
5,798
430
3,603
510
8,563
226
5,121
1,321
1,830
4,091
3,474
1,227
1,724
3,993
3,061
1,249
2,064
4,562
4,111
333
8,571
1,051
' 1,960
4,126
» 3, 628
.191
.122
.113
.112
146
5,284
281
5,428
184
7,307
187
7,094
213
6,040
448
6,035
1,119
1,023
1,749
3,652
3,090
1,095
1,808
4, 038
2,982
1,088
1,823
4,184
3,144
1,156
1,866
3,970
2,850
1,878
3,593
3,131
1,092
1,916
4,393
3,153
.39
.30
.30
.30
.32
.37
.35
.34
.35
.35
.37
.39
.39
.382
.319
.320
.320
.320
.342
.354
.361
.362
.373
.380
.386
.382
18, 288
18, 236
18,152
18, 209
18, 203
18, 044
17,844
17, 764
17,851
18,008
a
18, 077
18, 079
11,271
7,017
11,394
6,842
11,419
6,733
11,447
6,762
11,516
6,687
11,487
6,557
11, 381
6,463
11, 330
6,434
11, 273
6,578
11,402
11, 377 11,519
<• 6, 700 6,560
141,124 177, 442 194,886
74, 649 100, 424 114,880
66, 475 77, 018 80,006
43
40
55
187, 746 201, 204 194, 270 194,951 271, 909 255, 792 286,857 253, 795 163,467
103, 353 112, 955 114, 037 108, 360 147, 926 142, 230 178, 372 168, 487 94, 725
84, 393 88,249 80, 233 86, 591 123, 983 113, 562 108,485
85, 308 68, 742
82
79
68
101
73
106
82
65
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
4.50
4.15
4.15
4.15
4.15
4.15
4.15
4.21
4.25
4.25
4.31
4.35
4.44
3.15
3.00
3.00
3.00
3,00
3.00
3.00
3.04
3.10
3.10
3.10
3.10
3.13
° Revised.
1 Haw 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. I t is obvious, therefore, that a q u a n t i t y of hides
from noninspected slaughter held b y State Relief Agencies constitutes a n invisible addition to t h e visible supplies shown above.
t D a t a on production of sheep and lamb a n d goat a n d k i d leathers from 1927-34 have been revised. For revisions not shown on p . 44 of the April 1935 issue see p . 19
of the J u n e 1935 issue.
A
Government relief slaughter included for the period J u n e 1934-February 1935. See p . 44 of the J u n e 1935 issue for the figures, excluding relief slaughter. For sheep
and lambs, relief slaughter only affected t h e data for the months of September to December 1934.
§ D a t a revised for 1933. See p . 20 of the J a n u a r y 1935 issue. F o r 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 m o n t h l y issues. Leather production, p . 19, June 1933; leather stocks, p . 19, J a n u a r y 1935. New series
on gloves a n d mittens cover 234 identical manufactures as reported to the U. S. D e p a r t m e n t of Commerce, Bureau of the Census. D a t a prior to J u l y 1934 are not available. These data are not comparable with data through J a n u a r y 1934 previously shown. New series on wholesale price of women's shoes began J a n u a r y 1934. D a t a not
shown above will appear in a subsequent issue.
t Revised series. For earlier data refer to t h e indicated pages of the m o n t h l y issues. Production of cattle, sheep, and lamb leather, p . 44, April 1934; imports of total
hides and skins for 1932, exports of upper leather for 1932, p . 43, J u n e 1933. Production of asphalt for 1932 and consumption of kerosene and lubricating oil, for 1932, see p .
56 of the November 1933 issue.
• D a t a revised for 1933. See p . 20 of the September 1934 issue; for 1934 revisions see p . 19 of the December 1935 issue.
48
SUEVEY OF CUERENT BUSINESS
Monthly statistics through December 1931, 1936
together with explanatory footnotes and references to the sources of the data, may be found
in he 1932 Annual Supplement to the Survey January January
March 1936
1935
February
March
April
May
June
July
DecemAugust SeptemOctober November
ber
ber
LEATHER AND PRODUCTS—Continued
LEATHER MANUFACTURES—Cont.
S hoes—C ontinued.
Production, total!
thous. of pairs..
Men's!
thous. of pairs..
Boys' and youths'!
thous. of pairs..
Women's!
thous. of pairs..
Misses' and children's!--thous. of pairs..
Slippers, all types!
thous. of pairs..
All other footwear!
thous. of pairs..
32,391
9,129
1,267
13,323
3,366
1,576
3,729
« 29,564
« 7, 712
° 1, 384
« 12,346
« 3,087
« 1, 717
« 3, 318
« 30,875
« 7, 608
« 1, 274
° 13,237
» 3,154
° 2, 090
• 3, 510
« 34,228
a
8,190
a
1, 387
« 14,471
« 3,313
• 2, 562
« 4, 306
« 34,564
« 8, 063
« 1, 379
a
13,993
a
3, 688
« 2, 776
a
4, 666
« 31,258
° 8,163
« 1, 519
« 11,205
« 3,197
« 2, 985
• 4,189
• 27,234
"7,819
a
1, 569
a
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
a
4, 088
a
3,035
« 33,909
a
8, 391
« 1, 502
° 13,275
« 2, 998
° 4,857
« 2, 887
« 35,948
a
9, 918
« 1, 721
a
11,813
• 3,186
• 6,124
° 3,185
a
27,715
« 8,161
« 1, 330
° 7,034
• 2, 673
« 5, 570
« 2,947
a 28,949
8,44C
1, 354
9,794
2,86S
3,277
3,214
LUMBER AND MANUFACTURES
LUMBER—ALL TYPES
Exports (boards, planks, and scantlings) * •
M ft. b. m__
National Lumber Mfgrs. Assn.: A- 1
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__
93, 762 101, 200
89, 276
67, 627
61, 883
59, 893
73,012
81, 752
77,810
83, 258
1,133
232
901
1,254
220
1,034
1,247
270
977
1,361
255
1,106
1,382
280
1,102
1,521
290
1,231
1,734
290
1,084
1,681
285
1,396
1,359
285
1,074
1,415
290
1,125
1,636
278
1,358
1,614
288
1,326
1,806
289
1,517
1,761
280
1,481
1,750
293
1,457
1,643
259
1,384
1,971
302
1,669
1,782
270
1,512
1,620
273
1,347
1,489
262
1,227
"5," 298"
7,700
2,113
5,587
7,579
2,125
5,454
7,465
2,140
5,325
7,326
2,130
5,196
7,019
2,135
4,884
6,963
2,130
4,833
6,985
2,120
4,865
7,030
2,129
4,901
7,137
2,163
4,974
7,326
2,195
5,131
7,457
2,206
5,251
3,677
70,834
3,403
58, 442
2,738
63, 831
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
8,676
63,137
2,884
29, 794
1,735
25, 584
1,689
25,895
3,340
66, 738
2,317
26,082
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
6,980
M ft. b. m._
9,363
M ft. b. r ^ M ft. b. m_. 4,263
M ft. b. m__ 3,879
M ft. b. m . . 21,209
4,122
4,561
3,366
3.302
21, 059
4,630
5,831
3,440
2,812
21,508
2,886
5,151
3,894
2,929
22, 766
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
M ft. b. m._
M ft. b. m_.
M ft. b. m._
M ft. b. m . .
M ft. b. m__
9,939
6,406
8,777
8,676
63, 302
12, 264
8,504
7,773
9,015
61, 442
15, 889
10, 237
10, 245
14, 606
57,061
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
14,34/
21, 642
23, 475
52,843
25,125
19,925
20,823
19, 547
54,119
83,150
91, 728
1,261
1,331
1,078
207
871
1,273
215
1,058
Flooring
Maple, beech, and birch:
Orders:
New
Unfilled, end of month
Production
Shipments
Stocks, end of month
Oak:
Orders:
New
Unfilled, end of month
Production
Shipments
Stocks, end of month
Softwoods
30, 204
35,301
22,783
20, 395
61, 365
Fir, Douglas:
Exports:!
4,862
15, 568 26, 952 22, 677 20, 227
39, 622 43,911
40, 708 38, 663 14, 607
2,517
Lumber*
M ft. b. m__ 24,199
14,548
8,615
20,834
36,486
17, 577
18, 592 15, 623 14, 346
30, 327 25,338
Timber
M ft. b. m__ 23,456
577
Orders:
Newtf
M ft. b. m._
Unfilled, end of month &
M ft. b. m._
Price, wholesale:
16.00
16.00
16.00
No. 1 common
dol. per M ft. b. m__
G)
16.00
16.00
16.00
16.00
0)
(0
0)
Flooring, 1x4, " B " and better v. g.*
43.00
43.00
dol. per M ft. b. m__
45.00
Production^M ft. b. m._
Shipments^
M ft. b. m._
Pine, northern:
11, 462
9,239
5,532
5,818
6,912
10,898
10, 260
9,800
4,510
13,355
9,942
5,530
Orders, new
M ft. b. r e 22,178
22, 774 16,398
12,392
1,803
1,529
2,004
5,511
8,738
667
10,169
779
production
M ft. b. m_.
12,103
11,211
11, 283 10,119
6,355
9,322
5,097
5,303
5,638
7,174
13,489
8,219
Shipments
M ft. b. m__
Pine, southern:
Exports:
24,350
24,999
19,715
21, 576 21,311
21,169
26,739
23,576
23, 233 25, 653 28,913
Lumber§
M ft. b. m._ 21,983
8,022
6,302
5,713
9,234
8,652
8,243
3,516
4,937
6,367
8,330
Timber§
M ft. b. m._ 7,072
8,324
Orders:
150,424 106,173 102, 395 110,449 117,256 166, 280 116,592 127, 556 139,608 120, 979 143,695 128,825
New._
M ft. b. m
69,962
73, 227 61,029
68,010
62,093
62,968
53,683
70,774
Unfilled, end of month
M ft. b. m_. 77, 275 48, 530 55, 707 55,898
36.61
36.74
36.80
36.67
37.65
34.94
37.43
34.55
35.38
34.51
34.49
Price,
flooring
dol. per M ft. b. m._ 36.43
Production
M ft. b. m._ 141, 315 99, 548 101, 578 103,471 106,911 106,838 109,805 130,515 137,442 125,132 148, 566 134,190
Shipments
. . M ft. b. m . . 121, 632 102, 401 100,752 110, 283 112,480 143,349 129, 264 137,051 144, 476 120,818 145,970 128, 570
Redwood, California:%
Orders:
25, 411 29, 593 27,456
24, 623 24,054
24,380 26, 578 35, 521 38,045
23,704
29, 579 27,009
New
M ft. b. m.
33, 721 25, 622 24, 819 26,290
27,446
24, 621 29,767 27, 717 33,414 41, 035 40,142
35,818
Unfilled
M ft. b. m.
19, 868 22, 915 22, 697 25, 342 26, 326 25, 675 27, 939 34, 262 33, 754 38,073 33,187
31,318
Production
M ft. b. m.
25, 628 27, 952 25, 761
16, 549 18,311
28, 328 29,269
30, 353 24, 548 30, 925 31,259
27,068
Shipments
M ft. b. m
• Revised.
i Data temporarily discontinued.
• New series. For data on lumber exports for period of January 1919 to September 1932, see p. 20 of the November 1932 issue. See special footnote below on lumber
production, shipments, and stocks.
! Data revised for 1932, see p. 44 of the June 1933 issue, exports of Douglas fir lumber and timber. Boot and shoe production for 1934, p. 45, March 1935 issue.
• Data revised for 1933. See p. 20 of the September 1934 issue; for 1934 revisions see p. 19 of the December 1935 issue.
A New series on lumber production, shipments, and stocks compiled by National Lumber Manufacturers' Association and represent an estimate of the total lumber
cut based on monthly reports received from regional associations covering between 80 and 90 percent of the total cut in 1934 and 70 to 80 percent in 1935. No comparable
figures are available prior to January 1934.
t Series have been revised for period January 1934-October 1935. These are shown on p. 20 of the February 1936 issue.
X Beginning with January 1934 the report includes all known operators; prior to that time approximately 89 percent of the listed capacity.
§ Data revised for 1932. For revisions of exports of Southern Pine lumber and timber, see p. 45 of the June 1933 issue. Data revised for 1933, see p. 20 of the September
1934 issue. For 1934 revisions see p. 19 of the December 1935 issue.
cf New series covering these items wi Ibe shown in a subsequent issue.
49
SURVEY OF CURRENT BUSINESS
March 1936
Monthly statistics through December 1931, 1936
together with explanatory footnotes and references to the sources of the data, may be found
in the 1932 Annual Supplement to the Survey January January
1935
February
March
April
June
May
July
DecemAugust Septem- October November
ber
LUMBER AND MANUFACTURES—Continued
LUMBER—Continued
Furniture
Household:
All districts:
Plant operations*
percent of normaL.
Grand Rapids district:
Orders:
Canceled
percent of new orders..
New
no. of days' production..
Unfilled, end of month
no. of days' production..
Outstanding accounts, end of month
no. of days' sales__
Plant operations!
percent of normal-Shipments
no. of days' production..
Prices, wholesale:
Beds
1926=100-.
Dining-room chairs, set of 6—1926=100..
Kitchen cabinets
1926=100..
Living-room davenports
1926=100-.
Steel furniture. (See Iron and Steel Section.)
60.0
39.0
43.0
47.0
41.0
41.0
48.0
49.0
53.0
61.0
62.0
61.0
59.0
3.0
19
3.0
16
4.5
9
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
18
13
13
11
8
10
9
18
18
19
16
16
12
22
16
17
17
17
14
14
16
19
21
24
24
57.0
31.0
34.0
39.0
36.0
34.0
40.0
44.0
48.0
55.0
56.0
58.0
13
21
57.0
11
67.5
84.0
83.5
87.5
68.4
90.1
87.5
76.6
68.5
89.9
81.9
76.6
68.5
89.9
86.0
76.6
68.5
89.9
86.0
76.6
68.5
89.9
86.0
76.6
68.5
89.9
86.0
76.6
66.9
89.9
86.0
76.6
65.7
89.9
86.0
76.6
66.3
89.9
86.0
76.6
66.3
89.9
86.0
76.6
66.3
89.9
86.0
78.0
66.3
89.9
86.0
78.0
244, 419
53,158
238, 358
59, 569
205, 242
56, 637
239,269
53, 678
32.84
33.15
33.31
12
7
8
9
8
7
8
13
11
12
14
METALS AND MANUFACTURES
IRON AND STEEL
Foreign trade, iron and steel:
Exports§
long tons.. 241, 568
Imports*^
long tons.. 50,489
Price, iron and steel, composite*
33.34
dol. per long ton..
Ore
Iron ore:
Consumption by furnaces
2,952
thous. of long tons..
Impqrts#
..thous. of long tons..
154
Receipts:
Lake Erie ports and furnaces
thous. of long tons..
Other ports
thous. of long tons..
Shipments from upper Lake ports
thous. of long tons_.
Stocks, total, end of month
thous. of long tons.. 28, 404
At furnaces
thous. of long tons.. 23, 434
4,970
Lake Erie docks
thous. of long tons_Manganese ore, imports (manganese content)»
thous. of long tons..
54
Iron, Crude and Semimanufactured
Castings, malleable:*
Orders, new
short tons..
Production..
short tons..
Percent of capacity
Shipments
short tons..
Pig iron:
Furnaces in blast, end of month:
Capacity
..long tons per day..
Number
Prices, wholesale:
Basic (valley furnace)-.dol. per long ton..
Composite pig iron
dol. per long ton..
Foundry, no. 2, northern (Pitts.)
dol. per long tcn.Production
thous. of long tons-Iron, Manufactured Products
262, 740
22, 784
228, 537
28, 905
323, 035
21, 409
205, 336
28, 786
286, 599
47, 719
289, 647
33, 208
296, 802
31,894
247, 312
31,312
32.58
32.54
32.36
32.29
32.35
32.42
32.44
32.68
2,280
2,467
95
2,583
95
2,360
113
2,467
108
2,199
158
2,198
154
2,616
109
2,654
165
2,911
114
3,026
158
» 3,101
138
0
0
0
0
0
0
119
180
2,208
1,020
3,002
1,084
3,295
1,240
3,482
1,261
3,250
1,349
3,162
1,453
1,472
557
18
0
0
0
0
400
3,504
4,242
4,461
4,781
4,818
4,601
1,557
0
32, 027
27, 004
5,023
29, 558
24, 690
4,868
26, 932
22,362
4,569
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
13
14
13
10
12
11
16
19
15
13
44,568
43,400
50.8
41,182
41, 225
41, 377
49.9
37, 650
40,237
42,808
52.0
42,975
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
27, 772
35, 658
36,996
44.7
33,442
45,246
43,467
51.0
40,132
47, 778
44, 277
53.1
41,434
42, 573
45, 598
55.0
43,942
63, 660
117
54, 605
90
56, 695
96
57, 295
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
M20
19.00
19.96
18.00
18.94
18.00
18.94
18.00
18.94
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
21.39
2,026
20.39
1,477
20.39
1,609
20.39
1,770
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
68,106
53,897
46,320
55,093
106,605
69, 459
51, 548
64,845
83,929
64,341
• 55,136
19,357
63.879
64, 904
30,443
15,892
57, 294
57, 362
30, 375
12, 723
51,891
49,489
32, 777
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
35, 259
57,723
48, 726
49, 625
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
16,436
10, 700
141, 520
12, 711
16, 332
137,923
21,462
21, 689
137,815
20,906
31, 761
27,425
41, 380
115,096
17, 487
20, 325
112, 592
18,941
«16, 330
114,019
Cast-iron boilers and radiators:
Boilers, range:f
Orders:
New
number of boilers-- 70,890
Unfilled, end of month, totals
number of boilers.- 25, 545
Production
number of boilers.. 65,409
Shipments
.number of boilers. . 77, 344
Stocks, end of month .number of boilers.. 37,690
Boilers, round:
Production
thous. of l b . .
2,977
Shipments
.thous. of lb._
3,120
Stocks, end of month
thous. of lb._ 34,106
Boilers, square:
Production
thous. of lb_. 17, 599
Shipments..
thous. of lb._ 13, 786
Stocks, end of month
thous. of l b . . 114,696
3,233
2,666
32,826
3,850
2,494
34, 221
4,348
2,102
36, 500
4,311
2,115
38,090
4,604
2,493
40,149
16,457
10, 604
101, 340
15,917
9,275
108,115
16,858
6,964
117,911
16,409
7,730
126,053
19,062
9,241
136,149
a
* New series. Data on furniture activity, all districts, prior to April 1933 not published. For imports of iron and steel, see p. 20 of the November 1932 issue; for malleable castings, p. 20 of the April 1933 issue. New series on iron and steel composite price was shown on p. 19 of the January 1935 issue.
§ For 1932,1933, and 1934 revisions, see p. 45 of the June 1933 issue, p. 20 of the September 1934 issue, and p. 19 of the December 1935 issue, respectively,
t Revised. Data prior to April 1933 not published on plant operations. For range boilers, see p. 20 cf 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.
i Distribution of unfilled orders of deliveries of 30 days or less and deliveries of more than 30 days have been discontinued by the reporting source.
50
SURVEY OF CURRENT BUSINESS
Monthly statistics through December 1931, 1936
together with explanatory footnotes and references to the sources of the data, may be found
in the 1932 Annual Supplement to the Survey January January
March 1936
1935
February
March
April
May
June
July
DecemAugust SeptemOctober November
ber
ber
METALS AND MANUFACTURES—Continued
IRON AND STEEL-Continued
Iron, Manufactured
Products—Con.
Cast-iron boilers and radiators—Continued
Boiler fittings, cast iron:
Production
short tons..
Shipments..
short tons..
Boiler fittings, malleable:
Production
short tons..
Shipments
short tons..
Radiators:
Production
thous. of sq. ft. heating surface..
Shipments
thous. of sq. ft. heating surfaceStocks, end of month
thous. of sq. ft. heating surface..
Radiators, convection type:*
New orders:
Heating elements only, without cabinets or grilles
thous. of sq. ft. heating surfaced.
Heating elements, including cabinets
and grilles
thous. of sq. ft. heating surface t--
5,730
5,194
4,690
4,750
3,970
3,393
3, 661
3, 420
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
3,153
3,205
4,190
3,865
3,181
2,704
3,114
2,582
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
4,532
4,357
4,733
4,679
4,343
4,648
4,602
5,304
4,742
3,422
5,937
7,430
5,037
4,183
3,117
2,787
2,023
2,366
2,835
3,462
4,675
6,470
7,701
10, 055
6,616
30,243
26,178
27,845
30, 568
32, 891
35, 388
36, 753
35,610
35,384
33,853
31, 493
30,000
145
81
43
48
46
56
82
74
114
113
136
93
87
106
148
167
243
231
170
153
187
Sanitary Ware
Bathroom accessories:t
Production
number of pieces..
Shipments
number of pieces..
Stocks, end of month
number of pieces..
Plumbing brass. (See Nonferrous metals.)
Plumbing and heating equipment, wholesale
price (8 pieces)*
dollars..
Porcelain enameled flatware:
Orders, new, total. _
dollars..
Signs..
dollars..
Table tops
_
.dollars..
Shipments, total-_
dollars..
Signs
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, netnumber of pieces..
Unfilled, end of month
number of pieces..
Shipments..
number of pieces..
Stocks, end of month number of pieces..
75, 310 121,190
78, 640 120, 821 208, 732 245, 519 383,449 269, 863 341, 770 362, 580 464,176
402
75,147 119,171 174, 640 228, 210 321,312 243, 262 312, 007 326, 585 '408,
64, 305 111,005
l
363, 755 369, 605 374, 749 367, 593 370, 588 370,180 386, 716 402, 707 400,018 407, 886 387, 233
209. 22
203. 85
200. 49
200. 84
199. 63
199. 43
197. 53
202. 01
207. 62
207. 70
207.80
208.13
689,715
318, 343
149, 384
594,427
219,672
152, 409
692, 358
235,427
153, 431
637,165
190, 316
142, 380
829, 084
223,860
181, 437
864,145
278,110
167, 296
900, 388
255, 477
212, 598
900,828
265,137
213, 646
279, 016
208, 213
865, 904
283, 524
189,044
760, 743
274,078
164, 808
773, 531
264, 896
174, 671
753, 635
300,160
146,128
770,024
307, 018
153, 937
890, 631
312,172
193,944
801, 207
292, 709
169, 204
822, 997
213, 599
245,107
830, 241
243, 535
222,447
937, 394
257, 005
258, 369
949,349
218, 000
298, 499
816,050
236,380
195, 795
817,866
249,153
195, 707
2,529
1,620
1,013
2,641
2,904
2,322
2,101
2,391
3,193
2,864
3,095
2,158
2,722
1,597
7,836
2,978
1,509
9,660
2,720
1,236
9,960
3,535
1,790
9,917
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
373,413
183,281
301,925
243,296
319, 589 250, 648
179,928
132, 378
132,867
281,827
219,606
645,898
262, 363 369,128 374, 217 308, 912 217, 842 191,060 293, 904 236,890 175,140 117,289 112, 621
204,120 195,160 238,207 229, 347 218,834 187,981 216, 745 295, 880 241, 678 190, 229 137, 535
426, 570 380, 756 316,705 297,971 333, 240 381, 675 403, 381 363,914 359, 308 424, 242 516, 677
164, 042 127, 764 161,199
Steel, Crude and Semimanufactured
Bars, steel, cold finished, shipments
short tons.. 35,097 31,783
29,863
34,080 31,972 29, 640 25, 600 25,295
31,903
Castings, steel:*A
Orders, new total...
short tons..
32, 349 31, 725 30, 723 28, 233 29,083
30, 257 34, 570 45,426
Percent of capacity
27.1
25.8
23.7
38.1
24.4
25.4
29.0
26.6
Railway specialties
short tons..
6,835
4,322
7,959
17, 111
4,779
6,480
9,574
5,490
Production, total
short tons..
29, 035 29, 687 31,940 31,952
34,972
30, 646 27, 665 31,125
Percent of capacity
24.3
26.8
29.3
23.2
26.8
26.1
25.7
24.9
Railway specialities
short tons..
6,052
7,585
8,598
6,731
5,857
5,443
4,867
6,181
Ingots, steel: §
Production..
....thous. of long tons..
3,049
2,872
2,641
2,919
2,778
2,636
2,231
2,270
2,868
Percent of capacity
51
52
49
44
39
40
50
Prices, wholesale:
Composite, finished steel
dol. per lb_. .0243
.0244
.0243
.0244
.0244
.0244
.0244
.0244
Steel billets, Bessemer, Pittsburgh
dol. per long ton..
29.00
27.00
27.00
27.00
27.00
27.00
27.00
27.00
Structural-steel beams, Pittsburgh
dol. per lb_.
. 0180 .0180
.0180
.0180
.0180
.0180
.0180
.0180
.0180
Steel scrap, Chicago
dol. per gross ton..
13.38
12.38
11.80
11.25
10.06
9.97
10.35
10.50
9.85
U. S. Steel Corporation:
Earnings, net
thous. of doL.
12,428
14,118
Shipments, finished products*.-long tons.. 721,414 534,055 583,137 668, 056 591, 728 598, 915 578,108 547, 794 624,497
34,439
47, 301
33, 670
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
2,830
51
3,146
53
3,153
55
.0243
.0243
.0243
27.00
27.00
28.00
.0180
12.50
.0180
12.50
.0180
13.00
13,470
614,933
;6, 741 681,820
Steel, Manufactured Products
Barrels, steel:
Orders, unfilled, end of month..^number..
Production
number..
Percent of capacity
Shipments
number. _
Stocks, end of month
number..
1,171,996 1,158,398 1,081,327 944,168
390, 459 355, 220 462, 771 538,255
30.0
39.6
26.2
34.1
391, 232 353,418 464,978 534,479
26, 555 28,357
26,150 29,926
971, 344 976, 634 932,843 930,831 853,986 725, 748 620, 571
471, 592 460, 737 509,121 529,414 532, 433 790, 057 535, 514
40.2
38.9
38.8
58.9
34.0
37.4
34.7
474,139 457, 370 505, 942 528, 338 530, 433 791,469 537,947
36,001
38, 001 36, 589 34,156
27, 379 30, 746 34,925
a
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 January 1934 issue.
t I n 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.
q
A Steel casting series revised January 1935 b y the increase of the number of companies from 164 to 180; comparable data not completed for 1934 and earlier years.
Figures for 164 companies in January 1935 were new orders, total 31,816, percent of capacity 20.3; new orders, railway specialties, 6,835; production, total 28,519; percent
of capacity 18.2; production, railway specialties 6,052.
§ For 1932 revisions see p. 46 of the July 1933 issue; for 1933, p. 47 of the August 1934 issue; for 1934, p . 50 of the August 1935 issue.
51
SURVEY OF CURRENT BUSINESS
March 1936
Monthly statistics through December 1931, 1936
together with explanatory footnotes and references to the sources of the data, may be found
in the 1932 Annual Supplement to the Survey January January
1935
February
March
April
May
June
August SeptemOctober
ber
July
Decem-
ber
METALS AND MANUFACTURES—Continued
IRON AND STEEL—Continued
Steel, Manufactured Products—Con.
Boilers, steel, new orders:
Area.thous. of sq. ft_.
Quantity
number of boilers..
Furniture, steel:
Business group:
Orders:
New
thous. of doL.
Unfilled, end of month._thous. of doL.
Shipments
thous. of doL.
Shelving:A
Orders:
New
thous. of dol_.
Unfilled, end of month..thous. of doL.
Shipments
thous. of dol_.
Safes:
Orders:
New
thous. of doL.
Unfilled, end of month-_thous. of doL.
Shipments
thous. of doL.
Lock washers, shipments
-thous. of doL.
Plate, fabricated steel, new orders, total
short tons..
Oil storage t a n k s . . ,
short tons..
Sheets, black, blue, galvanized, and full finished:
Orders:
New
short tons_.
Unfilled, end of month
short tons..
Production, total
short tons..
Percent of capacity™
Shipments
short tons...
Stocks, end of month, total
short tons..
Unsold stocks.__
..short tons..
Tin and terneplate:*
Production
-thous. of long tons..
Track work, production
short tons..
623
639
392
329
282
296
656
418
313
443
641
961
391
523
519
536
544
735
575
829
784
787
464
587
685
595
1,619
940
1,586
1,184
663
1,139
1,108
707
1,064
1,222
709
1,221
1,114
701
1,123
1,237
746
1,214
1,236
845
1,137
1,331
943
1,225
1,333
948
1,327
1,393
980
1,361
1,618
1,036
1,562
1,507
945
1,591
1,520
908
1,558
389
243
342
273
192
245
267
208
251
307
175
340
271
155
291
257
130
313
152
291
272
167
257
309
216
260
336
210
342
348
212
346
323
206
329
370
196
379
217
277
195
255
160
245
145
277
163
228
147
255
168
238
158
47
207
257
185
238
170
277
150
204
145
287
134
203
145
268
164
147
172
281
159
235
200
277
205
246
188
285
180
261
182
255
205
206
38,709
3,354
18,778
1,389
142
211
176
241
15,064
2,531
16,832
2,377
13, 244
2,152
17, 630
3,690
17,914
1,872
18,890
4,193
23, 628
3,505
31,105
3,531
30, 530
5,850
19,116
2,617
35,584
9,341
174,805
267, 673
223,000
73.3
207,437
152, 283
84, 037
321, 831
279, 012
235, 714
74.0
205,915
105,182
60,177
183,322
248,931
219,062
71.5
201, 054
108, 788
62, 024
193,057
214,685
227,082
74.1
233,446
108, 260
59,757
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, 378
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
3,366
130
2,333
150
2,892
190
3,440
200
4,472
190
4,228
140
4,210
4,054
4,028
2,962
3,495
3,090
3,025
1,106
93
485
527
209
*431
347
1,111
164
577
369
1,361
229
674
457
1,405
252
704
449
« 1,522
215
"813
495
• 1, 502 ' 1, 418 » 1,359
173
154
60
«895
«586
«693
435
713
571
1,713
96
596
1,021
1,833
170
854
809
1,958
135
673
1,151
625
1,700
217
393
905
80
200
808
297
79
684
198
264
813
140
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
386
1,194
274
127.0
107.5
110.4
86.6
69.2
76.2
75.7
57.7
85.1
69.3
43.2
82.6
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
4,667
871
4,531
12,986
4,680
857
4,694
13,490
5,761
801
5,817
14,170
8,781
702
8,880
14, 622
10,662
1,380
9,984
14,025
10,125
1,535
10, 554
14,186
12, 713
2,906
11, 342
17,259
16,955
2,273
17,588
18,677
33,385
4,347
31,311
11,631
31,966
2,931
33,352
12,047
14,821
1,840
15,912
14,101
2
0
0
0
0
0
0
0
1
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
1
13
20
0
6
5
0
4
2
1
0
8
2
0
0
0
7
11
1
2
4
0
8
10
0
2
17
1
6
1
9
7
24
2
3
13
0
16
33
2,065
1,241
1,046
1,706
2,432
2,872
4,931
8,687
8,777
4,287
3,078
83
107
158
190
348
359
281
33
41
55
96
164
145
108
133
32,518
178
34,821
199
43,594
269
47,355
MACHINERY AND APPARATUS
Air-conditioning e q u i p m e n t s
Orders, new, total
thous. of doL.
Air-washer group
thous. of doL.
F a n 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..
Fuel equipment:
Oil burners:*!
Orders:
New
no. of burners..
Unfilled, end ofmonth.no. of burners..
Shipments.
no. of burners..
Stocks, end of month
no. of burners..
Pulverized-fuel equipment:
Orders, new, storage system:
Furnaces and kilns-no, of pulverizers..
Water-tube boilers.-no. of pulverizers.
Orders, new, unit system:
Fire-tube boilers
no. of pulverizers..
Furnaces and kilns^no. of pulverizers..
Water-tube boilers,no. of pulverizers..
Stokers, mechanical, new orders:^
Class 1, residential
number..
Class 2, apartment and small commercial
number..
Class 3, general commercial and small
commercial heaters
number..
Class 4, large commercial:
Number
Horsepower
Machine tools:*
Orders:
New*
avg. mo. shipments 1926=100..
Pumps:
Domestic, water, shipments:|J
Pitcher, hand, and windmill
units..
Power, horizontal type
units..
Measuring and dispensing, shipments:
Gasoline:
Hand-operated
..units..
Power..
.units..
Oil, grease, and other:
Hand-operated
units..
Power
units..
12
18
1,113
956
187
147
84
61
161
27,297
139
24, 339
48
105
21,164
103
120
32, 241
110.8
65.5
53.0
23, 586
65.6
73.3
91.1
119.8
39,221
772
36,482
615
36,433
690
62.3
35,432
726
36,964
879
29,859
445
3,002
30, 601
671
3,651
728
5,120
672
4,451
6, 069 5,133
485
442
4,503
607
644
4,874
6,753
901
8,257
719
7,433
651
a
365
* 2, 502
107
84
37
615
683
272
345
55, 260
268
310
51,031
213
34,849
196
34,166
125.8
80.0
102.9
98.6
98.3
33,734
1,004
33,863
939
30,014
782
21,775
915
22,358
681
19,493
613
639
5, 757
7,048
776
7,551
662
5,121
564
5,491
583
4,785
592
4,901
8,005
1,030
7,631
7, 963
1,178
8,166
699
5,993
823
• Revised.
• 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.
f Revised series. Data on air-conditioning equipment and oil burners revised starting January 1933; see footnote on p. 48, April 1935. The revisions for 1933 will be
shown in a subsequent issue.
• Revised data on steel furniture shelving for years 1932, 1933, and 1934 will be shown in a subsequent issue.
<J 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 CUERENT BUSINESS
Monthly statistics through December 1931, 1936
together with explanatory footnotes and references to the sources of the data, may be found
in the 1932 Annual Supplement to the Survey January January
March 1936
1935
February
March
April
May
June
July
DecemAugust SeptemOctober November
ber
ber
METALS AND MANUFACTURES—Continued
MACHINERY AND APPARATUS—Con.
Pumps—Continued.
Steam, power, and centrifugal:
Orders, new
thous. of dol__
Water-softening apparatus, shipments!
units..
Water systems, shipments}: J
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_.
1,039
897
798
676
538
747
741
615
658
719
754
9,856
420
>,363
395
6,679
509
7,531
552
10,799
592
11, 685
535
10, 989
493
10, 827
577
11, 060
583
5, 560
812
8,946
715
8,125
12
449
538
1
312
313
131
241
10
302
340
4
434
441
13
311
426
12
286
451
5
284
463
5
400
515
1
304
456
11
281
422
167
267
151
304
168
318
157
249
185
268
177
322
240
384
170
302
2
404
441
249
373
311
404
241
383
19,211
.1251
7,191
.1251
10, 716
.1213
18, 010
.1227
17, 663
.1238
16, 670
.1146
18, 272
.1138
19, 047
.1164
17, 960
.1219
16, 246
.1251
14, 534
.1263
190
361
NONFERROUS METALS AND
PRODUCTS
Metals
Aluminum:
Imports, bauxite#
--long tons.. 24, 251
.1260
Price, scrap, cast (N. Y.)
dol. per lb_.
Babbitt metal (white base antifriction bearing utensils):
Production!
thous. of lb__
For own use
thous. of lb__
Salesf
...thous. of lb._
Copper:
Exports, refined*
short tons.. 12, 573
Imports, total§ #
short tons.. 14, 749
Ore and blister
short tons.. 12,935
Price, electrolytic (N. Y.)
dol. per lb._
.0903
Lead:
Ore:
Receipts in U. S. ore
short tons.. 29,464
3,183
Shipments, Joplin district...short tons..
Refined:
Imports#
short tons..
Price, pig, desilverized (N. Y.)
.0450
dol. per lb__
Production
short tons.. 34, 088
Shipments, reported
short tons.. 34, 590
Stocks, end of month
short tons.. 224,013
Tin:
Consumption in manufacture of tin and
terneplate*
long tons..
6,635
Deliveries
long tons..
6,646
Imports, bars, blocks, e t c j
long tons..
.4724
Price, Straits (N. Y.)
dol. per lb._
Stocks, end of month:
World, visible supply
long tons.. 13, 338
United States
_
long tons..
2,985
Zinc:
Ore, Joplin district:
Shipments
short tons.. 35,200
Stocks, end of month.
short tons.. 24,900
Price, slab, prime, western (St. Louis)
.0485
dol. per Reproduction, total (primary)f-.short tons.. 41,826
Retorts in operation, end of mo..number. - 38, 205
Shipments, totalf
short tons.. 46,468
Domesticf
short tons.. 46,468
Stocks, refinery, end of monthf-short tons.. 79,116
» 1,924
408
» 1,516
a
1,631
461
« 1,169
» 1,789 » 1,830 » 1,840 « 1,815 « 1,880 « 1,893 • 2, 002 « 2, 294 • 2,113
650
613
422
384
520
601
535
549
439
° 1,254 » 1,310 » 1,401 « 1, 214 • 1,331 a 1,471 ° 1,618 « 1,643 • 1,500
22, 739
15,110
13, 834
.0878
24,869
22,913
22,129
.0878
26,393
20,884
19, 546
.0878
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
20,050
22, 239
21, 087
.0850
20, 275
24, 327
23, 095
.0897
25, 592
20, 772
20,118
,0903
27, 644
4,536
3,002
25, 510
1,981
25,892
4,229
27,283
3,452
24, 302
1,157
22, 952
25,863
3,437
29, 890
6,292
28, 599
2,628
27, 847
3,006
1,464
443
477
1,430
1,143
1,440
1,774
31,412
7,977
521
.0425
.0441
29,358
30,807
37, 615
38,195
227, 583 224,992
.0451
37,844
42, 271
225,309
.0450
36, 229
43, 035
222, 636
.0369
.0353
.0358
26, 350 25,103
30,118
33, 695 32, 523 28,973
229, 675 224, 638 228, 580
771
2,181
.0402
.0369
.0396
29,857
33,202 29,332
40, 922 32, 341 26,978
220, 043 225, 057 231, 077
.0412
30,488
34, 575
230, 915
2,100
4,600
4,023
.5087
2,450
3,905
5,196
3,100
5,495
8,612
.4691
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
5,360
6,773
.4907
1,890
5,355
4,095
.5121
2,120
4,035
4,700
.5188
14, 694
2,581
19,652
3,571
19,416
4,531
16,614
4, 295
16, 718
4,930
14, 275
5,467
13,162
3,227
13, 246
2,681
11,939
2,849
13,425
1,389
15,049
1,472
32, 264 36,026
17, 649 21,983
.0371
33,468
36, 735
33, 210 35,196
34,877
41, 205
34,844
41, 205
111,
806
116, 276
28, 751
26, 552
15,204
25,938
.0422
34, 572
32, 389
35,627
35, 604
107, 625
23, 013 28, 296
23, 725 23,529
.0433
.0430
35,120
34,637
33,884
33,836
32, 306
29,353
29, 353 32, 306
112,909 115, 723
38,584
25,865
25, 409
34, 736
23, 093
48,579
25, 344
.0454
35, 547
32,942
38,824
38,824
112, 446
.0467
36, 221
34,870
42, 351
42, 351
106, 316
26, 257
15, 263
.0373
35,135
32, 658
35, 455
35, 455
117, 685
.0403
35, 329
33,719
38,455
38,452
108,680
.0485
.0483
36, 716 37,469
34, 777 36, 650
47, 063 • 48,172
47,063 • 48,172
95,969
85, 266
Electrical Equipment
2,055
1,583
1,609
1,903
Furnaces, electric, new orders
kilowatts..
2,258
2,844
2,218
2,212
2,096
783
6,704
1,586
Electrical goods, new orders^ (quarterly)
143,132
thous. of do]
121,814
134,925
Laminated phenolic products, shipments
dollars. . 826,393 698, 402 750, 943 845, 020 888, 705 816, 314 643, 770 740,922 801, 292 832,902 1,061,285 878,041
Mica, manufactured:
Orders, unfilled, end of month
179
124
119
109
77
105
106
108
99
100
150
thous. of dol._
135
201
172
161
117
163
154
164
158
160
166
Shipments
thous. of dol._
187
178
Motors (direct current):
285,191 335,876 360, 513 464,835 401,708 358, 543 432,406 366,222 374, 026 348,942 490, 201
Billings (shipments)
dollars..
396,301 504, 332
476,841 433,141 348, 349 403,480 357,945 454, 450 445, 613 405,167
Orders, new
dollars.
428, 379
Panel boards and cabinets, shipments
293
338
374
285
279
262
192
258
218
259
thous. of dol
239
Porcelain, electrical, shipments:
83,238
64, 793 62, 711 79, 377 101,108
58,575
Special
dollars. . 81,004 47, 771 48, 031
68, 473 62,882
33, 566 30, 284 28, 902 34, 737 41, 249 35,458
Standard
dollars- _ 53,858 34,649 34, 590 58, 093 24, 561 27,898
293
455
332
309
325
542
320
303
Power cables, shipments
thous. of ft..
448
374
355
24, 353
Power switching equipment, new orders:
302
46, 781 43, 435 46, 328
50, 452 45,823
54, 441 35, 308 30,180
Indoor
dollars30, 214 29, 080
139, 512 130, 628 102, 719 127, 347 135, 293
Outdoor
dollars.
78,993 72, 425 46, 220 88, 521 161, 634
81, 570 56, 038 66, 466 62, 608 65,068
68, 635 71, 093 83, 002 87,811
Reflectors, industrial, sales
.units.. 97, 360 61, 344 51,956
Refrigerators, household, sales*
number- 119, 764 « 97,425 121, 636 54, 746 266, 931 244, 602 161, 525 154,121 110,161 53, 622 43, 706 46,930
213, 464
Vacuum cleaners, shipments:
85,816
65,128
78, 343 93,627
Floor cleaners
number.
74,733 60,180 75, 582 90, 693 79, 330 73,086
58, 701 56,906
29, 261
29,047
Hand-type cleaners *
number.
16, 227 27,478
24,999
13,950
18,744 22, 872 29, 231 31, 219 27, 321 22,521
• 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 refrigerators; and p. 20 of the August 1934
issue, for hand-type vacuum cleaners.
t Data for Babbitt metal revised. Revisions not shown above 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.
1 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
March 1936
Monthly statistics through December 1931, 1936
together with explanatory footnotes and references to the sources of the data, may be found
in the 1932 Annual Supplement to the Survey January January
1935
February
March
April
May
June
July
DecemAugust Septem- October" November
ber
METALS AND MANUFACTURES—Continued
NONFERROUS METALS AND
PRODUCTS—Continued
Electrical Equipment—Continued
Vulcanized fiber:
Consumption..
Shipments
Welding sets, new orders:A
Multiple operator
Single operator
thous. of 1b _
thous. of doL-
1,781
455
1,381
434
1,431
400
1,835
430
1,819
425
1,871
434
1,716
363
1,579
344
1,524
420
1,423
420
1,782
509
2,112
440
1,718
387
2
7
324
3
387
2
479
0
480
7
430
0
467
0
543
4,507
5, 297
5,195
6,294
5,944
5,894
Shipments*!
number of pieces.. 1,240,615 «998, 430 "933,891 "1,046,418 "1,062,452 «l,001,767 "995, 808 "1,048,172 a l,156,791 "1,195,230 1,388,845 1,131,066
Brass sheets, wholesale price, mill
.142
.145
.146
dol. per lb—
.138
.143
.143
.143
.143
.143
.136
.146
.143
Copper, wire cloth:
Orders:
439
424
386
404
369
404
411
441
417
New
- . -_. -.thous. of sq. ft-.
418
351
398
560
483
527
411
448
472
509
486
Unfilled, end of month__thous. of sq. ft_.
462
528
467
443
442
393
417
376
358
416
375
384
Production
thous. of sq. tf__
447
374
383
424
440
435
377
375
375
419
Shipments
thous. of sq. ft-359
396
398
367
373
357
741
694
714
Stocks, end of month
thous. of sq. ft—
689
797
781
788
725
742
801
787
706
916, 783
units. _
units..
796
1
347
1
277
3
487
1
497
0
413
net tons..
5,948
5,338
4,959
5,014
5,698
4,620
Miscellaneous Products
Brass and bronze (ingots):0
Shipments and deliveries
4,111
.146
386
505
379
395
695
PAPER AND PRINTING
WOOD PULP 1
Consumption and shipments*...short tons..
376, 632 352,068 382,391 378, 708 385, 205 364, 846 356,130 379, 217 362, 559 401, 864 '394,485 388, 244
"98,100
96, 445
Ground wood*
thort tons— 107,642 103, 616 91, 694 97, 743 99, 711 102, 730 93, 086 88,016
90, 925 86,102
Sulphate*
short tons.. 139,951 111,376 105,279 114, 308 111, 592 113, 251 115,381 115, 875 127,001 120,234 127, 598 124,418 120, 807
Sulphite, total*.short tons— 129, 249 128, 091 120, 524 134, 329 132, 772 133, 814 122, 298 116,810 125,226 121, 767 136, 623 134, 291 135, 317
Bleached*
short tons-_ 77,100
75, 980 73,137 82, 552 80, 239 81,515
76, 558 73, 843 76, 036 72, 675 78, 624 79, 011 78, 217
57,100
Unbleached*
short tons_. 52,149
57, 999 55,280
52, 111 47, 387 51, 777 52, 533 52,299 45, 740 42, 967 49,190 49,092
27,126
29,476
Soda*
short tons..
28, 919 29, 317 26, 909 27, 588 29,563
30, 483 30, 256 29, 399
26, 730 28,130
Damaged, off-quality & misc'l*
5,714
7,841
6,502
7,420
6,276
6,441
7,330
8,795
6,819
6,093
7,172
7,078
6,535
short tons..
379, 466 352, 931 384, 944 387, 719 387, 651 357, 547 353,939 371,259 355, 536 '389,331 '388, 785 386, 523
Production, all grades*
short tons—
99,402
94, 603 82,046
79, 730 75,477 "89, 067 "94,007
Groundwood*
short tons.. 106,885 106, 321 94,345 106,126 109, 019 110,000
Sulphate*
short tons.. 139, 329 110, 520 104, 581 114,154 111,981 113, 421 114, 527 116, 216 128,039 119, 590 126, 332 125,609 121,148
Sulphite, total*
short tons_- 134,290 128, 782 119,815 128, 330 131, 794 129, 934 114, 223 120,099 127, 707 125, 671 135,193 132, 294 130, 975
75, 236
77,875
78,109
76,486
75,977
Bleached*
short tons__ 79,704
76, 019 73, 021 76, 922 80, 965 77, 656 69,942
78,227
55, 739
Unbleached*
short tons.. 54,586
52, 763 46, 794 51, 408 50, 829 52, 278 44, 281 42, 224 49, 598 49,185
56,966
56,317
28,821
27, 787 29, 399 27, 541 30,022 29,171
Soda*
short tons..
27, 002 27, 850 29, 734 29,038 28, 276 27,000
6,177
7,791
6,384
7,257
Damaged, off-quality & misc'l*.short tons..
6,841
6,340
5,887
6,020
7,194
8,717
7,704
6,600
7,152
90,263
Stocks*
short tons—
119,398 120,261 122,914 131,826 134, 273 126,974 124,743 116,784 109,761 «97, 683 "91,984
Groundwood*
short tons.- 31,097
44,400 47,051
73, 529 67, 559 56,364 45,739 «36,896 "32, 803 35,760
55,534 64, 742 72,012
6,002
5,342
6,380
5,736
5,685
5,855
4,470
5,661
Sulphate*
short tons..
6,148
5,450
5,296
5,001
5,285
44,894
46,278 48,759
52,663
54,984 51,104 43,029
51,233
49,236
Sulphite, total*
short tons.. 49, 735 62, 670 61,961
55,962
30,466
32, 539 36, 350 35,953
36,909
33,050
32, 919 29,938
Bleached*
short tons-- 32,639
41,929
41,813
36,183
26,434
18,054
16, 317 14,956
Unbleached*
short tons.. 17,096
18,075
16, 595 15,812
16, 220 16, 313 15,280
20, 741 20,148
19,779
2,924
4,797
5,047
3,502
Soda*
short tons—
5,547
4,507
4,632
4,586
5,449
5,169
5,427
4,598
757"
767
795
649
782
817
576
Damaged, off-quality & misc'l*_short tons—
630
731
695
Imports:
Chemical, total f#short tons— 213, 837 179, 303 108, 563 119, 690 86, 361 165,397 155,406 147,952 151, 705 165,848 228, 504 199,812 243,858
28,116
14,300
14,818
23,621
Groundwood#
..short tons_- 20, 392 16,977
16, 744 11,715
31,097
13,020
10,097
18,368
13,973
Price, wholesale, sulphite, unbleached
1.90
1.90
1.90
1.90
1.90
1.90
1.90
dol. per 1001b1.90
1.90
1.90
2.10
2.10
2.00
PAPER §
Total paper: *f
Paper, including newsprint and paperboard:
Production
short tons..
762,993 706,851 754,934 732,493 778,059 713,999 694, 705 806, 564 752,268 "914, 506 '783, 770 712,344
Paper, excluding newsprint and paperboard:
435,892 374, 295 392,978 378,215 426,046 340,925 349,842 430,907 411,755 494, 007 "398,466 368,481
Orders, new
short tons.420, 669 384,402 405,861 396,991 431, 455 380, 324 361, 701 440,277 391,410 488,936 "410,525 394,488
Productiont
short tons..
425, 781 384,870 400,326 385,934 417, 334 368, 583 361,474 435,108 390,179 "484,914 "411,750 381,255
Shipments!
short tons—
• 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 repDrting; data of 3 firms of equal size were added, thereby maintaining the comparability of the series.
t Revised series. See p. 49 of the June 1933 issue for 1932 chemical wood pulp imports. Data on total paper for 1934 revised. Revisions for months not shown in the
August 1935 issue will appear in a subsequent issue.
* New series. Data prior to October 1931 not published on plumbing brass.
# See footnote on p. 37, of this issue. Date for 1933 revised; see p. 20 of the October 1934 issue. For 1934 revisions see p. 20 of the December 1935 issue.
§ 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 which are
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
S See footnote marked " A " on p. 60 of this issue.
SURVEY OF CURRENT BUSINESS
Monthly statistics through December 1931, 1936
together with explanatory footnotes and references to the sources of the data, may be found
Februin the 1932 Annual Supplement to the Survey January January
ary
March 1936
1935
March
April
May
June
July
August
ber
October
ber
December
P A P E R AND P R I N T I N G — C o n t i n u e d
PAPER—Continued
Book paper:*
Coated paper:
Orders, new
__short tonsOrders, 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 papert-.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..
PAPER PRODUCTS
Abrasive paper and cloth, shipments:
Domestic
reams..
Foreign
.reams..
Paperboard shipping boxes:
Shipments, total
mills, of sq. ft..
Corrugated*
.mills, of sq. ft..
Solid
fiber*
.mills, of sq. ft.
PRINTING
Blank forms, new orders
thous. of sets.
Book publication, total-number of editions.
New books
number of editions.
New editions
number of editionsOperations (productive capacity) .1923—100.
Sales books:
Orders, new
thous. of booksShipments..
thous. of books.
22,352
10,351
23,106
63.4
23, 640
16, 243
19, 768
4,815
19, 616
53.1
20,151
14, 721
19,204
8, 056
19,162
58.2
19, 351
14, 406
20, 944
9,117
21, 482
61.4
21,614
13, 582
20, 733
9,106
21, 758
62.0
21,215
14, 870
20, 311
9,794
20, 756
58.8
19,513
15,810
15,835
9,118
18, 264
56.9
17, 215
16,861
18,464
8,798
19, 335
55.8
19, 441
17,194
18, 390
8,153
19, 363
59.4
19, 267
15, 605
18, 903
8,808
18, 640
64.3
17, 654
16, 595
19,912
7,924
21,197
65.0
21, 728
16, 064
19, 264
7,225
20, 066
58.1
20, 746
16, 580
98,108
40, 212
101, 223
71.8
99,769
81, 821
31, 564
88,878
61.5
88, 400
59,061
77, 571
28,006
86,989
68.7
87, 032
57, 874
87, 821
30,426
96,411
69.9
94, 947
58, 583
87, 282
30, 975
96, 852
69.3
95, 237
60, 919
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
38, 880
11,008
36, 514
38, 359
51, 726
31, 230
10, 281
31,310
30,175
52, 862
31, 620
10, 578
33, 257
32, 660
52, 702
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 28, 497 ° 37, 763
8,067 a 9, 269 a 8, 666
36, 553 28, 494 00 39,075
35, 501 28, 599 0 38, 959
56, 931 » 56, 903 56, 504
163,198
70, 219
147, 698
150,147
103, 089
128, 971
65,517
135, 078
134, 484
100, 203
134,954
67, 271
139,857
137,969
101, 503
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
a
29, 802
a 8, 245
31, 281
3
30, 709
3
56,867
3
141, 541
70, 686
135, 278
132, 926
107,856
184, 471
79, 566
176,973
175, 974
107, 655
134,
73,
138,
140,
105,
184, 884 184,243 146, 697 206,492 158, 924 239,881 227, 215 219,461 220, 866 208,912
227, 955 201, 959 180, 305 205, 682 222, 235 242, 693 232, 020 234,753 235, 573 233, 968
181,403 180, 026 160,859 198, 574 236, 905 251, 979 228,196 226, 884 225, 736 225, 403
240,421
266, 515
266, 679
244, 037
262, 854
285,179
73, 818
73, 579
50, 993
153,811 148,142 160, 558
190, 872 195, 057 190, 272
179,821
222,811
187,448
234, 305
40.00
71, 262
73,067
40.00
79, 974
82, 220
40.00
78, 955
81,151
17,414
17,113 18,135
15, 440 15,873
16, 294 17, 887 18, 235 16, 450
261, 282 240,101 210, 072 203, 672 203, 353 211,071 223, 364 232, 200 221,114
38, 622 34, 214 32, 725 33, 268 37, 342 29, 914 29, 220 26,100
38, 703
14, 340
222, 362
34, 754
12, 473
223, 377
41,727
76, 658
a
51,918
71,364
78, 396
63, 553
55, 211
57, 771
161,185 157,870 169,816 171,139 166,122 201,970 161,884
179, 982 160, 973 138, 647 181, 597 188, 700 227, 330 202,878
41.00
79, 361
75, 388
14,194
237,955
35,178
42.00
80,298
75,491
40.00
70, 579
69, 338
40.00
73, 303
74,491
40.00
74, 651
76,872
210, 812 211, 560 231, 584 217,300
40.00
84,141
83, 825
219,767
40.00
77, 010
76, 994
65, 705
40.00
72, 797
71,213
75, 305
40.00
75,160
74, 676
213, 523 217, 934 246, 537 244,963
273,151
80,987
262,026
252, 578 268, 360 255, 730 259,995 248, 656 259,486 297, 349 307,103
84, 341 79,049
79, 296 80, 367 78, 020 78, 241 86, 767 105, 088
251, 870 275, 770 260,851 262,463 256, 665 260, 207 291,127 289, 596
66.5
68.7
62.9
69. 1
74.1
68.7
64.8
62.7
61.4
230, 365
228,137
210, 520 214, 069 207,987 214, 680 222, 519
220, 998
233, 784
32, 432
32, 864
35, 073 39, 726 34,170 30, 233 33,481
38,420
47, 039
65, 784
7,712
58, 287
6,804
59, 071
5,934
a
69,477
7,465
69,173
6,851
50, 774
5,442
61, 294
8,538
61,116
7,364
343
774
523
060
468
246, 318
351,887
107, 074
345, 596
272, 477
88,971
294, 290
79.5
73.6
214,685
213,297
40, 780
35,044
62, 201
6,719
66, 455
8,743
73, 057
9,082
66, 453
9,428
« 2,176
a 1,931
a 245
» 2,412
a 2,165
» 247
a 1,991
a 1, 796
195
1,815 ° 1,645
« 1, 622 « 1,471
«193
« 175
° 1,892 « 1,829
° 1, 674 • 1, 626
"218
a 204
» 1, 933 « 1,832
« 1, 729 ° 1/626
« 204
« 206
° 2, 017 a 2,161
» 1,772 a 1,912
a 250
a 245
95,196
536
430
106
83, 930
518
456
62
77
70,401
628
563
65
80
78,972
11, 004
784
220
80
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
787
611
176
83
100,160
868
681
187
85
94, 574
897
700
197
14,966
11,130
11,818
11, 689
10, 737
12,456
11, 361
11, 337
12,097
11,732
11,906
12, 221
11, 672
12, 728
12, 677
12,300
12,931
12, 393
12,906
14,961
14,804
13, 309
13,117
a 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.
§ The Bureau of the Census has changed the title of the "Boxboard" report to "Paperboard" since data actually coyer 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.
March 1936
55
SURVEY OF CURRENT BUSINESS
Monthly statistics through December 1931, 1936
together with explanatory footnotes and references to the sources of the data, may be found
in the 1932 Annual Supplement to the Survey January January
1935
February
March
April
May
June
July
DecemOctober NovemAugust September
ber
ber
RUBBER AND RUBBER PRODUCTS
CRUDE AND SCRAP RUBBER
Crude:
Consumption, total.
long tons.
For tiresif
long tons.
Imports, total, including latext#-long tons,
Price, wholesale, smoked sheets, N. Y.
dol. per l b .
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.
TIRES AND TUBES*
Pneumatic casings:
Production
"
thousands.
Shipments, total
.thousands.
Domestic
thousands.
Stocks, end of month
thousands.
Solid and cushion tires:
Production
thousands _
Shipments, total
thousandsDomestic
thousands.
Stocks, end of month
thousands.
Inner tubes:
Production
.thousands.
Shipments, total
.thousands.
Domestic
thousands.
Stocks, end of month
thousands..
Raw material consumed:
Crude rubber. (See Crude rubber.)
Fabrics
thous. of lb_.
33,921
42,864
32, 575
40,523
38, 868
29, 671
47, 844
38,997
28, 832
46, 640
144
61,000
582,000
85,000
43,870
162, 034
66, 618
270,000
.136
75,000
698,153
113,000
42, 066
148, 337
98,471
338,345
.129
74,000
686,195
103,000
.114
67,000
8,031
11,665
14,326
9,583
10,465
17,743
8,178
10,072
15, 765
43,655
40,913
31,825
41,456
37,827
28,898
30,705
33, 327
25, 961
32,182
.115
75, 000
677, 006
92, 000 97,400
44,485 37, 651
155, 727 162, 012 165, 064
94, 695 91,069 86,723
332, 773 333, 728 328,118
.120
77,000
677, 569
103, 200
44, 375
167,745
91,345
311,000
.126
72,000
671, 525
101, 000
55, 581
171, 303
89, 979
315, 000
8,183
10, 549
17,335
8,448
10,223
16, 341
7,317
8,590
15, 780
9,210
10, 315
17, 032
32, 709
33,109
36,000
25, 019 b 21, 893
48,131
41, 483
.121
.120
70,000
70,000
679,061 680, 644
96, 000 101, 000
49, 018 47, 724
174,141 177, 250
89, 098 80,843
315, 000 321, 551
7,136
8,421
14, 889
7,036
7,263
12, 611
34,000
6 21, 250
35, 707
.116
74,000
661,509
100,000
43, 413
174,894
67, 361
319,254
7,011
6,871
11, 321
b
38,192 38,500 38, 648
23, 627 "22,818 " 23,198
36, 378 26, 073 39,812
.127
.131
132
75,000 63,000 « 62,000
655, 000 623, 300 597,149
100,000 89,000 82,000
49,913 46, 588 39,094
168, 570 166, 896 164, 200
71, 868 66, 794 61, 692
312,112 294, 610 289,257
7,923
11,926
11, 784
7,494
11,482
12, 028
6,817
12,307
13, 537
23, 498
32, 588
4,488
3,553
3,469
10, 086
4,251
3,189
3,112
11,184
4,215
4,078
4,000
11,325
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
22
20
20
32
18
16
16
32
18
20
20
31
20
22
21
31
23
21
20
34
16
20
19
30
22
20
20
36
4,131
3,610
3, 539
9,332
4,046
3,261
3,200
10,152
3,999
4,043
3,980
10,094
4,132
4,320
4,252
9, 864
3,775
3,437
3,287
10,296
3,376
3,904
3,840
9, 748
3,153
5,111
5,053
7,765
19, 608
18, 059
8,011
7,736
7, 055
285
293
227
»b 3, 234
3,839
* 3, 783
* 6, 322
"26
"24
6 24
6 33
b
b
b
b
3, 067
2, 676
2, 621
6, 713
6
6
6
&
24
20
19
37
b
6
b
3, 281 b 3, 238 " 3, 282
3, 317 " 3, 232 * 3, 365
3, 258 b* 3,170 "3,311
» 6, 715 6, 682 b 6, 639
6 27
6 25
6 25
6 23
"19
"19
6 41
"22
"23
" 23
Ml
3,154 b 3, 341
3, 690 b 2, 775
* 3, 647 b 2, 735
*> 5, 621 » 6,127
* 3, 592
* 3, 262
"3,215
" 6, 523
" 3,193 b" 3, 279
" 3, 035 3, 268
o 2,988 " 3, 229
b
" 6, 611 6, 667
14,868
13, 836
12, 606
14,148
13,523
220
276
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
5,874
1,297
4,577
5,733
673
5,059
5,705
654
5,051
14, 700
5,761
9,939
5,172
1,301
3,871
5,657
491
5,165
5,626
467
5,159
14, 200
4,571
8,630
5,993
1,661
4,332
6,276
830
5,446
6,252
16,024
16,886
428
b
b
13, 632
MISCELLANEOUS PRODUCTS
Rubber bands, shipmentsA
thous. of lb_.
Rubber-proofed fabrics, production, totalA
thous. of y d . .
Auto fabrics
thous. of y d . .
Raincoat fabrics
thous. of y d . .
Rubber flooring, shipmentsA-thous. of sq. ft..
Rubber and canvas footwear :•
Production, total
thous. of pairs..
Tennis...
thous. of pairs..
Waterproof
thous. of pairs..
Shipments, total
thous. of pairs..
Tennis
thous. of pairs..
Waterproof
thous. of pairs..
Shipments, domestic, totaLthous. of pairs..
Tennis
thous. of pairs..
Waterproof
thous. of pairs..
Stocks, total, end of month.thous. of pairs..
Tennis
thous. of pairs..
Waterproof
thous. of pairs..
Rubber heels:A
Production
thous. of pairs..
Shipments, total*—
thous. of pairs..
Export
thous. of pairs..
Repair trade
thous. of pairs. _
Shoe manufacturers
thous. of pairs..
Stocks, end of month
thous. of pairs..
Rubber soles:A
Production
thous. of pairs..
Shipments, total*
..thous. of pairs..
Export
thous. of pairs..
Repair trade.
.thous. of pairs..
Shoe manufacturers
thous. of pairs..
Stocks, end of month
thous. of pairs..
Mechanical rubber goods, shipments:A
Total..
thous. of dol..
Belting
thous. of dol__
Hose
thous. of dol..
Other
thous. of dol_.
230
3,776
286
1,141
268
3,661
287
1,122
4,071
256
1,307
366
4,068
305
1,398
456
4,030
292
1,716
3,868
303
1, 540
400
4,200
278
1,986
325
5,209
427
2,370
477
5,668
2,668
2,999
6,379
2,778
3,601
6,250
2,661
3,589
14,466
6,890
7,576
5,383
3,083
2,300
4,752
3,284
1,468
4,619
3,165
1,454
15,087
6,690
8,397
5,863
3,673
2,190
5,087
4,023
1,064
5,041
3,997
1,044
15,854
6,331
9,523
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
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
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
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
14,351
16, 630
296
5,667
10, 667
35,811
16, 334
15, 260
221
4,777
10, 262
36, 950
16, 256
16,926
439
5,102
11,385
36,349
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
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
12,285
30, 710
16, 649
17,094
348
2,829
13,917
30,374
3,705
650
3, 037
4,311
3,243
3,601
7
704
2,890
3,948
3,357
3,410
7
563
2,840
3,904
3,525
3,543
7
631
2,900
3,897
3,607
3,701
6
505
3,190
3,733
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
4,515
871
1,430
2,215
4,261
775
1,372
2,115
5,463
1,006
1,842
2,615
5,711
1,394
1,949
2,368
4,944
1,109
1,688
2,147
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
M73
815
5,437
14,967
6,743
8,224
° Revised.
6 see footnote marked "t"
X Data for 1934 and for the period January to July 1935 are estimated to represent approximately 97 percent of the industry; for August, Septembei, October, November,
and December 1935 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 percent. 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. Overlapping 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 revised for 1932, 1933, and 1934. See p. 51 of the August 1934 issue. Revised data from September 1930December 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, 1936
together with explanatory footnotes and references to the sources of the data, may be found
Februin the 1932 Annual Supplement to the Survey January January
ary
March 1936
1935
March
April
May
June
July
DecemAugust SeptemOctober November
ber
ber
STONE, CLAY, AND GLASS PRODUCTS
BRICK
Common brick:
Price, wholesale, red, N. Y.
dol. per thous. _
Shipments*
thous. of brick..
Stocks*......thous. of brick..
Face brick (average per plant):
Orders, unfilled, end of mo.
thous. of brick..
Production (machine)* thous. of brick..
Shipments
thous. of brick..
Stocks, end of montht
thous. of brick..
Sand-lime brick:
Orders, unfilled, end of mo.
thous. of brick..
Production
thous. of brick..
Shipments by rail
thous. of brick..
Shipments by truck
thous. of brick..
Stocks, end of month
_thous. of brick..
Vitrified paving brick:
Shipments*
thous. of brick..
Stocks*
thous. of brick..
PORTLAND CEMENT
Price, wholesale, composite
dol. per bbl..
Production
thous. of bbL.
Percent of capacity
Shipments..
..thous. of bbL.
Stocks,finished,end of month.thous. of bbL.
Stocks, clinker, end of month.thous. of bbL.
GLASSWARE, ETC.
Glass containers :#
Production
thous. of gross..
Percent of capacity
Shipments
thous. of gross..
Stocks, end of month
thous. of gross..
Illuminating glassware:*
Orders:
New and contract
number of turns.
Unfilled, end of month
number of turns.
Production
number of turns.
Shipments:
Total
number of turns.
Percent of full operation
Stocks, end of month number of turns.
Plate glass, polished, productiont
thous. of sq. ft.
GYPSUM*
9.50
short tons.
thous. of doL
10.44
10.00
9.63
10.00
9.50
9.40
38, 291 60,987
76, 646 83,076
88, 324 93,608
387, 462 362, 458 341,477 343, 554 341, 315 365,481
9.44
9.50
95, 940 91,127
381, 532 394,988
9.50
9.50
117,031 « 95, 673
423, 651 '424, 737
9.50
73, 501
422, 298
254
64
64
2,310
258
71
97
2,318
95
138
2,282
367
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
100
175
0
350
1,317
100
155
13
266
1,363
925
115
20
414
811
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 I
129
1,927
2,164
400
1,399
83
1,280
2,185
1,225
1,274
33
896
2,451
1,601
79, 711
1,167
79, 494
1,338
77,039
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, 335
1.667
3,630
16.1
3,889
22, 649
5,272
1.650
3,202
14.1
2,846
21, 785
6,318
1.650
3,053
14.9
2,951
21, 899
6,348
1.658
4,298
18.9
4,878
21, 289
6,343
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. <*
8,105
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
1.667
5,803
25.6
4,514
*22,908
«5,226
3,114
52.1
2,916
8,437
2,935
49.3
2,679
7,990
2,639
49.9
2,584
8,010
2,946
51.4
2,963
7,955
3,113
54.3
2,956
8,060
3,401
59.3
3,245
8,141
3,295
59.8
3,276
8,115
3,579
62.4
3,455
8,183
3,825
64.2
3,735
8,239
3,107
58.7
3,701
7,576
3,603
60.5
3,557
7,575
3,275
59.4
2,940
7,836
3, 065
55.6
2, 540
8,328
2,261
1,774
1,850
2,115
2,020
1,965
1,919
1,743
1,865
2,446
2,485
2,416
1,817
2.749
2,159
2, 252
1,638
2,611
1,902
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
1,965
76.6
3,753
1,691
65.9
4,487
2,356
1,774
1,685
65.6
4,624
1,791
69.8
4,795
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
81.4
3,358
2, 584
100.7
3,450
2,339
91.1
3,618
2,067
80.6
3,735
17, 276
13,365
13, 723
16, 532
16,999
14, 582
13,163
13,909
14 526
14,404
16, 593
15,909
16,112
1,690
486
36
714
2,046
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. itBoard, wall
thous. of sq. ft_
Cement, Keenes
short tons_
Plasters, neat, woodfiber,sanded, gauging,finish,etc
short tons.
For pottery, terra cotta, plate glass, mixing plants, etc
short tons.
Tile, partitition
thous. of sq. ft.
TERRA COTTA
Orders, new:
Quantity
Value
10.50
38, 281
400, 529
10, 730
292. 406
84, 853
1,906
211
153, 704
566, 719
161, 786
233, 852
102, 302
523, 238
"'" 458
388, 440
416, 709
29,937
51, 362
2,997
56, 284
.73, 990
4,724
72,957
62, 250
5,642
165, 970
272, 202
293,984
29,142
2,302
..36,668
2,211
35, 892
2,420
795
1,440
133
791
93
934
113
836
104
581
76
713
91
1,027
124
1,267
149
1,509
179
42, 336 43,196
334, 369 335,114
47, 223
341,833
45, 575
341, 509
55,663
329, 489
0
45,069
'335,104
31, 218
338, 037
TILE
Hollow building tile:*
Shipments
Stocks
short t o n s .
short t o n s .
25, 795 23, 111 29,931
38,498 43,069
363, 291 353, 774 350. 710 346, 785 341,432
° Revised.
* New series. Earlier d a t a not published on illuminating glassware prior to J u l y 1932 (except production a n d peicent of capacity); for earlier data see p . 20 of the June
1933 issue, face brick, machine production. Senes on common and vitrified paving brick and tile beginning J a n u a r y 1934 were shown on p . 20 of the June 1935 issue. For
earlier data on gypsum see p . 20 of the J a n u a r y 1933 issue.
t Adjusted for degrading a n d year-end physical inventories.
f D a t a on plate glass lepresent t h e total o u t p u t of the industry. Complete figures for the months of 1932 were shown on p . 52 of the M a r c h 1933 issue, and for 1933 on
p . 52 of t h e March 1934 issue, 1934 also revised. Revisions for t h e year: January, 7,607; February, 7,441; March, 10,125; April, 8,873; M a y , 8,050; J u n e 6,813; July, 7,539;
August, 7,743; September, 6,985; October, 7,820; November, 6,867; and December, 8,704.
# Series on glass containers are not comparable for 1934, 1935, a n d earlier years due to increase of n u m b e r of firms reporting to 44. Shipments of the 44 firms for t h e
year of 1933 amounted to 33,056,706, compared with 23,511,963 for the 30 firms reporting for the same year. Comparable statistics on shipments for t h e companies, now
reporting b y 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. D a t a are not available for this period on production and stocks, nor are m o n t h l y figures on shipments available. I t m a y be noted frcm t h e trend of these data that the
m o n t h l y figures prior to 1934 h a d a downward bias. Basis of estimating capacity was changed in computing the new series. D a t a for 1934 revised, see p . 52 of the M a y
1935 issue.
57
SURVEY OF CURRENT BUSINESS
March 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
January January February
March
April
May
June
July
DecemAugust SeptemOctober November
ber
ber
TEXTILE PRODUCTS
CLOTHING
Hosiery:*
Production
thous. of dozen pairs..
Shipments
thous. of dozen pairs..
Stocks, end of month
thous. of dozen pairs..
8,588
9,214
8,732
9,692
9,768
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
18,444
19,028
19,053
19,366
19,546
19,256
19,979
19,294
18,054
17,464
17, 527
17,796
551
480
482
468
470
384
391
408
449
552
508
498
390
318
323
278
345
280
COTTON
Consumption t
thous. of bales..
Exports:
Quantity, exclusive of linters
thous. of bales..
G innings (total crop to end of month)
thous. of bales..
Imports#
thous. of bales..
Prices:
To producer
_dol. per lb_.
Wholesale, middling, N. Y
dol. per lb_.
Production, crop estimate
thous. of bales..
Receipts into sights
thous. of bales..
Stocks, end of month: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.
591
d
241
487
712
1,135
877
1,133
4,230
7,750
9,362
7
* 9, 758
13
.115
.115
.106
.108
.109
.112
.115
.120
233
.119
.122
395
718
2,254
3,136
2,309
.114
.121
/10, 734
1,328
7,555
975
6,581
5,593
3,720
6,953
885
6,069
4,998
3,253
6,528
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
.296
.415
.305
.415
.301
.415
.299
.415
.299
.411
.300
.405
.312
.408
.323
.415
.321
.415
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
16,935
5,174
12,466
4,910
.064
.064
.082
.083
526
466
10,250
14
<*9,377
8
.111
.119
.123
.127
.122
.126
.115
.115
.117
.117
.120
.123
.118
.119
817
487
378
424
229
286
9,279
1,435
7,844
7,590
5,918
10,138
1,192
8,946
7,482
5,565
9,516
1,161
8,355
7,197
5,132
8,904
1,116
7,788
4,715
8,266
1,062
7,203
6,124
4,169
.415
.306
.415
.299
.410
.297
.414
15,489
9,489
15,484
5,474
15,848
7,727
18, 713
7,118
9,472
10
10
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. yd._
Importst#
thous. of sq. y d . .
Prices, wholesale:
Print cloth, 64 x 60
dol. per y d . .
Sheeting, brown, 4 x 4 (Trion mill)
dol. per yd—
Cotton cloth finishing:*
Production:
Bleached, plain
thous. of y d . .
Dyed, colors
.thous. of y d . .
Dyed, black
thous. of yd._
Printed
thous. of yd._
Stocks:*
Bleached and dyed
thous. of yd—
Printed
thous. of yd—
Spindle activity :f
Active spindles
thousands..
Active spindle hours, total
millions of hours.
Average per spindle in place
hours..
Operations.
percent of capacity—
R A Y O N A N D SILK
Rayon:
Deliveries:*
Unadjusted1923-25=100.
Adjusted
__ 1923-25=1003-mo. moving average of adjusted index
1923-25=100.
Importst#
thous. of l b .
Price, wholesale, 150 denier, " A " grade
(N. Y.)
dol. p e r l b . .
Stocks, imported, end of month
thous. of lb
Silk:
Deliveries (consumption)
bales._
Imports, raw i#
thous. of lb._
Prices, wholesale:
Raw, Japanese, 13-15, N . Y__dol. per lb__
Silk goods, composite
__dol. per yd._
Stocks, end of month:
World visible supply
bales..
United States (warehouses)
bales..
b
5,876
.058
.067
.065
.062
.061
.062
.061
.059
.061
.075
.077
.076
.074
.073
.074
.073
«.O72
°.O72
.064
.074
.078
94,521
84,486
7,282
77,913
»97, 650
c 85,900
'4,500
'101, 000
145,390
107,283
6,999
120,203
137,335
104,987
6,013
117,780
148, 710
119,107
6,797
122,548
144,429
112,883
6,218
104,597
197,107
105,464
288,864
100,008
276, 863
97, 232
291,481
97,732
297, 866 297, 776 333, 991 234,457
103, 500 111, 926 115,255
23,324
25,155
24,917
24,574
23, 854
23,041
22,704
22,312
22, 047
22,684
23,193
23,194
23,391
7,714
266
111.9
7,542
245
102.6
6,567
213
100.2
6,623
215
°92.4
6,055
197
°85. 4
6,087
199
83.3
5,102
168
75.0
5,155
171
73.5
5, 545
185
76.4
6,184
207
93.9
7,445
251
103.8
6,897
233
101.1
6,804
233
103.8
477
487
553
565
441
387
295
279
417
439
550
513
583
419
494
462
464
522
473
557
410
9
310
26
393
12
381
477
495
39
433
570
509
274
264
327
16
520
60
501
107
465
241
468
145
514
522
312
392
.57
38,995
6,275
1.950
0)
56, 511
22
130, 284
98,810
6,000
100, 265
90,496
73, 531
5,504
70, 381
89,164
78,254
6,585
61,842
93,013
87,921
6,151
110,885 102, 292 •101, 310
102, 066 96,507 « 84,239
a
6,499
3,969
97,972 97, 331 ' 104,720
212, 369 195,421 199.328 205,719
94, 012 88, 292 93. 795 95, 790
.60
.60
°.58
.55
.55
.55
.57
.57
.57
262
262
262
261
261
239
244
245
238
41,732
6,516
44,347
5,658
39, 757
4,905
38,361
5,545
33, 728
5,201
44,166
5,562
41,715
6,344
45,156
6,708
48,167
8,218
1.348
.96
1.432
1.327
.94
1.391
.92
1.418
.92
1.376
.92
1.447
.92
1.705
.95
1.868
.97
2.084
1.00
258, 500
48, 516
234,457
48, 727
223, 548
36, 583
.60
263
47,443
5,278
509
.57
237
37, 012
6,061
2.092
1.00
220, 577 207, 000 190, 700 199,500 214, 000 236,000 233,000 228,000
37,587 36, 762 42, 018 32, 654 37, 381 38, 680 46, 777 51,458
dd
A s of
ofJan.
Jan.16.
16.
As
i Discontinued.
/ As of Dec. 1.
203,494
107,382
.57
235
35, 559
6,365
1.958
1.00
54,941
• Revised.
As of Dec. 13.
« Estimated
* New series. Hosiery compiled b y the National Association of Hosiery Manufacturers and estimated to represent 95 percent of t h e 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.
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.
S For 1932 revisions see p . 53 of the June 1933 issue; for 1933 revisions see p . 20 of the September 1934 issue; 1934 revisions are shown on p . 19 of the December 1935 issue.
# See footnote on p . 37 of this issue. Data revised for 1933; see p . 20 of the October 1934 issue; data also revised for 1934, see p . 20 of the December 1935 issue.
• Stocks at end of 4-week periods through June 16. July figures are averages for July 14 and Aug. 11. August figure as of Sept. 8. Subsequent data at the end of
succeeding 4-week periods.
X For 1932 revisions see p . 53 of the June 1933 issue, for 1933 revisions see p . 20 of the October 1934 issue, and for 1934 revision see p . 20 of the December 1935 issue.
58
SUEVEY OF CUERENT BUSINESS
Monthly statistics through December 1931, 1936
together with explanatory footnotes and references to the sources of the data, may be found
Februin the 1932 Annual Supplement to the Survey January Januaryary
March 1936
1935
March
April
May
June
July
Decem
August SeptemOctober November
ber
ber
TEXTILE PRODUCTS—Continued
WOOL
Consumption:
Total, grease equivalent basisj
thous. oflb..
Apparel class, scoured basis*__thous. of lb_.
Imports, unmanufactured§#
thous. of lb__
Operations, machinery activity:*
Combs, worsted
percent of capacity..
Looms:
Carpet and rug
percent of capacity..
Narrow
percent of capacity..
Wide..—percent of capacity..
Spinning spindles:
Woolen. ____
percent of capacity..
Worsted
percent of capacity..
Prices, wholesale:
Raw, territory, fine, scoured.._dol. per lb__
Raw, Ohio and Penn., fleeces_dol. per lb__
Suiting, unfinished worsted, 13 oz. (at mill)
dol. per yd..
Women's dress goods, French serge, 54" (at
factory)
dol. per y d . .
Worsted yarn, 2/32s, crossbred stock, Boston.
dol. per lb_.
Receipts at Boston, totalA
thous. of lb._
Domestic
thous. of lb_.
ForeignA-thous. of lb._
Stocks, scoured basis, end of quarter:*^
Total
thous. of lb._
Domestic.
thous. of lb_.
Foreign
thous. of lb__
Combing
thous. of lb__
Clothing
thous. of lb__
>73,908
28,223
21,167
107
58, 370 6 51,616
> 22, 200 * 19, 300
8,583
11, 964
100
46
48
95
62
«72
87
39
.76
.26
1.733
1.510
1.064
.990
1.31
17, 524
6,410
11,113
1.10
5,177
4,478
.25
1.510
& 65, 006 6 62, 066 > 70, 617 «> 80,428 » 66,648 fc74, 781 6 80,293
& 23,108 6 21,818 ' 25, 444 »28, 388 * 23, 575 * 26, 592 » 28,994
13, 939 15,459
15, 778 15,932
21,952
18,760 20,361
95
111
116
115
103
111
113
124
125
52
29
82
58
27
73
59
28
76
50
25
77
53
24
78
60
31
85
52
33
78
54
42
84
53
44
81
61
76
71
72
103
67
97
67
106
81
104
83
a
93
«73
.66
.23
.64
.23
.68
.26
.75
.30
94
67
.76
.30
.76
.31
.78
.33
.81
.32
.84
.39
.84
.39
1.510
1.510
1.522
1.609
1.609
1.609
1.603
1.624
1.708
1.733
1.015
1.015
1.015
1.027
1.040
1.052
1.064
1.08
44,346
41,809
2,537
1.10
72,156
67, 598
4,557
1.10
37, 957
33,981
3,976
1.11
23,832
19, 385
4,446
1.25
18, 525
11,803
6,722
1.29
19,214
10,982
8,232
1.30
12,875
5,285
7,590
.990
1.08
3,730
2,380
1,350
& 78, 727 *> 72, 993 6J73,367
* 29, 565 6 27, 528 6 27, 730
23,498
18, 041
18,467
1.05
1.05
6,507
4,626
1,881
8,951
7,141
1,810
1.06
19, 701
17, 246
2,455
134,455
115, 216
19, 239
88,163
46, 292
143,484
127, 729
15, 755
110,313
43,171
«108
«45
« 43
90
113,337
84,401
28,936
69,193
44,144
156,689
137,817
18,872
111, 770
44,919
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..
44.8
8,676
1,799
50.3
8,536
1,942
49.3
8,357
2,271
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
3,036
4,214
3,738
2,993
4,444
4,057
2,822
4,829
4,691
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
0
52.8
7,136
1,186
7,151
v 1,165
2,300
4,152
4,084
2,154
3,895
3,845
TRANSPORTATION EQUIPMENT
AIRPLANES
Production, total
Commercial (licensed)__
Military (deliveries)
For export
AUTOMOBILES ||
.number._
number..
number..
number..
94
187
107
41
39
136
78
34
24
156
106
20
30
218
149
35
34
122
182
149
19
14
133
87
37
Exports:
Canada:
9,355
1,585
5,995
4,858
6,356
6,607
6,499
4,829
5,070
3,931
5,576
Automobiles, assembled
number..
4,777
5,515
4,342
6,665
5,194
1,366
4,087
4,100
3.276
3,579
2,629
Passenger cars
num ber. _ 5,143
United States:
Automobiles, assembled, totals
29,806
26,270
25,026
20,073
12, 703
14, 580
30, 529
19, 895
17,626
21, 827
26,433
28,012
number. _ 25,654
14, 752
5,622
7,471
15,067
16, 517
11,035
10,076
22,491
18,341
13, 604
17,736
20, 986
Passenger cars &
number.. 15,867
9,753
10, 274
7,081
7,109
8,092
6,591
6,760
10, 276
9,997
8,038
6,291
Trucks c?
number. _ 9,787
8,820
Financing:
95,184 113,026 107,821 106,174 113,125 100,761
56,152
74,188
66,419
77, 651
90,191
Retail purchasers, total
thous. of dol._
97, 508
66, 913
61, 722
35, 937
42, 779
60, 531
71, 665
62, 661
46,114
42,179
73, 058
67, 631
New cars
thous. of dol..
64, 605
22,285
37, 237
31, 607
37, 929
18, 955
40, 274
37, 011
30, 716
31,122
38, 227
Used cars
thous. of dol._
28, 708
31, 906
2,025
1,355
2,039
1,963
1,260
951
1,186
1,089
820
887
Unclassified
thous. of dol..
997
1,856
Wholesale (manufacturers to dealers)
93, 830 106,054 145, 574 159, 930 132,074 118, 732 119,100
92, 918
39, 700
75,907 132, 315 149,728
thous. of dol..
° Revised.
v Preliminary.
# See footnote on p. 37 of this issue.
* Since July 1934 report has been on a weekly basis. Data for September and December 1934 and March, June, September, and December 1935, and January 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.
^ 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 V/z.
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.
S 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.
SURVEY OF CURRENT BUSINESS
March 1936
Monthly statistics through December 1931, 1936
together with explanatory footnotes and references to the sources of the data, may be found
Februin the 1932 Annual Supplement to the Survey January January
ary
1935
March
April
May
June
July
August Septem- October November December
TRANSPORTATION EQUIPMENT—Continued
AUTOMOBILES—Continued
Fire-extinguishing equipments
Shipments:
Motor-vehicle apparatus
number..
Hand-type
number.. 32,120
Production:
Automobiles:
Canada, total
number.. 13,302
Passenger cars
number.. 11,261
United States, totalt
.-.number.. 367, 252
Passenger carsf •
number.. 299,926
Trucks f
number.. 67,326
Automobile rims..
.thous. of rims.. 1,877
Registrations:
New passenger carsf
number..
New commercial cars*
number..
Sales:
General Motors Corporation:
To consumers
number.. 102, 034
To dealers, total J
number.. 158, 268
U. S. dealers
number.. 131,134
Shipments, accessories and parts, total*
145
Jan. 1925=100-.
Accessories, original equipment
156
Jan. 1925=100..
170
Accessories to wholesalers..Jan. 1925=100..
114
Replacement parts
Jan. 1925=100..
85
Service equipment
Jan. 1925=100..
RAILWAY EQUIPMENT
Equipment condition:
Freight cars owned:
Capacity
..mills, of lb.. 173,505
Number, total
thousands..
1,791
Bad order, total
number.. 256,511
Percent of total in bad order
_.
14.6
Locomotives, railway:
Owned:
2,199
Tractive power
mills, of lb._
45,172
Number
Awaiting classified repairs-number.. 9,825
21.8
Percent of total
Installed
number..
81
Retired
.number..
284
Passenger cars:
On railroads (end of quarter), .number..
Equipment manufacturing:
Freight cars:
Orders, new
cars.. 1,050
Orders, unfilled, total
cars.. 11,315
E quipment manufacturers
cars. _ 4,444
Railroad shops
cars.. 6,871
746
Shipments, total
cars..
746
Domestic
cars..
Locomotives, industrial electric (quarterly) :
Shipments, total
number..
Mining use..
number. _
Locomotives, railway:
14
Orders, new...
number..
Orders, unfilled, end of month:
Equipment manufacturers (Census),
total
number..
Domestic, total
number. _
Electric-__
_
..number..
Steam
number..
Railroad shops (A. A. R.)._.number..
Shipments:
Domestic, total.
_
number..
Electric
number..
Steam
number..
Exports, totalf-.
number..
Electricnumber..
Steam..
number. _
Passenger cars:
Orders, new, placed by railroads
number.Orders, unfilled (end of quarter)
number. _
Shipments, total
number. _
Domestic
number. .
ELECTRIC TRUCKS AND
TRACTORS
Shipments, industrial, total
Domestic
Exports
number..
number..
number..
30
25,169
10, 607
8,269
292, 785
229, 233
63,552
1,869
136,635
34, 759
54,105
98, 268
75, 727
22
20,697
36
21,713
47
29, 796
40
34, 585
54
34, 692
47
29, 571
49
32,534
77, 297 126, 691 143,909
121,146 169,302 184,059
92,907 132,622 152,946
109, 051 137, 782 108, 645 127, 346
134, 597 181,188 167, 790 124, 680
105,159 150,863 139,021 103,098
123
135
147
132
119
114
92
115
92
126
65
123
102
145
70
142
101
144
72
156
110
144
132
132
148
83
102
103
131
82
113
95
138
81
85
126
124
75
2,243
46,636
10,419
22.3
80
261
182,117 182, 773 181,396
1,888
1,892
1,883
277, 451 274, 775 284,728
14.8
15.4
14.9
2,236
46,363
10,423
22.5
64
337
2,232
46,237
10, 389
22.5
45
171
2,231
46,192
10, 537
22.8
62
106
427
113
314
99
0
444
30
414
143
143
2,228
46,099
10, 582
23.0
63
156
2.222
45,910
10, 541
23.0
57
246
2,222
45,883
10, 557
23.0
92
119
105
129
135
91
2,219
45,821
10,403
22.7
60
122
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
1
41,986
600
1,447
533
914
334
162
66,547
39,152
22,986
53
25, 516
68, 566 136,859 122,198
127, 054 182, 754 185,698
97,746 147,849 150, 010
132
135
135
137
150
141
148
147
139
80
155
160
107
73
180, 559 180,114 179, 556 179,203 178, 703 178,125
1,873
1,851
1,868
1,861
1,857
1,842
283, 310 276, 535 281,262 285, 320 284, 427 273,125
15.4
15.5
15.3
15.6
15.0
15.0
42, 428
24
818
399
419
121
65
65
27, 587
18,114 21,975 24,121
20, 765 15, 745 13,069
7,692
13,496
13, 775
5,323
8,313
18,179
13,885
5,524
12,276
9,471
12, 042 11, 370
3,819
7,128
20, 686 17,093
335,667 429, 793 477,691 364,662 361, 248
239,994 89,804 275, 024 398, 039 407,804
275,623 361,816 401,628 307, 522 296,609 276,
182,389
57, 285 214,609 338,425 344, 613
60,044 67,977
60, 901 57, 605 32,519
60, 415 59,614
63,191
76, 063 57,140 64,639
1,724
1,561
1,616
1,052
1,804
1,428
1,339
1,654
1,912
1,907
170, 615 261,477 '319, 650 °293,199 280, 360 '285,178 233,851 a157,098 148,389 220, 262 237,194
34,797 41,511 46, 785 47, 968 48,243
38, 000
50,355
41, 390 43,243
37,616
51,243
113
182, 685
1,900
285,256
15.2
59
31, 556
500
2,173
427
1,746
40
38
100
7,259
5,841
1,418
17
17
2,212
45,610
10,187
22.3
43
119
176, 727 '175, 772
1,827 ° 1,817
269,984 266,876
15.0
14.9
2,211
45,565
10,127
22.2
53
108
41, 405
110
7,440
5,775
1,665
29
27
« 2, 206
•45,375
9,914
21.8
54
241
41,102
810
6,432
4,514
1,981
1,281
1,281
25
1,691
1,755
1,754
10,030
12,715
«5, 224
« 7,491
1, 912'
1,912
72
63
117
111
98
13
0
104
24
23
1
5
13
6
7
11
1
10
55
26
0
0
72
117
114
115
103
12
100
74
26
a
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 pp. 55 and 56 of the June 1935 issue.
If Taxicabs are included infiguresfor passenger cars, beginning January 1934 in order to avoid disclosure of individual companies.
• United States and Canadian dealers, plus overseas shipment.
60
SURVEY OF CURRENT BUSINESS
Monthly statistics through December, 1931, 1936
together with explanatory footnotes and references to the sources of the data, may be found January
January Februin the 1932 Annual Supplement to the Survey
ary
March 1936
1935
March
April
May
June
July
Decem
August SeptemOctober November
ber
ber
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:
Number
..ships..
Tonnage
.thous. of gross tons—
119
38
36
30
20
20
20
17,576
10,242
3,103
2,097
4,483
3,740
14, 510
11,344
12, 640
8,543
22,026
15, 801
5,928
2,189
1
112
279
76
4,530
957
4,305
45
135
323
325
1,270
15,860
8,464
77
82
1,707
4,617
2,660
119
263
330
1,283
CANADIAN STATISTICS *
Business indexes:*
104.7
Physical volume of business
1926=100..
106.3
Industrial production, t o t a l . .1926=100..
98.0
Construction t i
1926=100..
197.1
Electric power
1926=100..
94.5
Manufacturing
1926=100..
106.7
Forestry
1926=100..
144.4
Mining t
1926=100..
100.3
Distribution
1926=100..
72.1
Carloadings
1926=100..
84.3
Exports (volume)
1926=100..
76.3
Imports (volume)
1926=100..
124.0
Trade employment
1926=100. _
39.8
Agricultural marketing
1926=100..
29.5
Grain marketings
1926=100..
85.7
Livestock marketings.
.1926=100..
Commodity prices:
80.8
Cost of living index <?
1926=100..
72.9
Wholesale price index #
1926=100..
99.1
Employment, total (firstof m o n t h ) . 1926= 100—
74.8
Construction and maintenance. 1926=100,.
96.8
Manufacturing
1926=100—
129.9
Mining
1926=100118.0
Service
1926=100—
135. 9
Trade..
1926=100..
77.9
Transportation
1926=100Finance:
Banking:
2,992
Bank debits
.mills, of dol._
85.5
Interest rates
1926=100..
Commercial failures*
number._
Security issues and prices:
New bond issues, total
thous. of dol__ 133, 384
4.10
Bond yields..
percentCommon stock prices, totalf-1926=100..
112.9
Foreign trade:
54, 417
Exports
thous. of dol
Imports
thous. of dol— 40,590
Exports, volume:
7,557
Wheat
.
thous. of bu__
314
Wheat
flour
thous. of bbl
Railway statistics:
173
Carloadings
thous. of cars
Financial results:
O perating revenues
thous. of dol. _
Operating expenses
thous. of d o l . .
Operating income
thous. of dol—
Operating results:
Freight carried 1 mile
mills of t o n s .
Passengers carried 1 mile .mills of pass.
Commodity statistics:
Production:
Electrical energy, central stations
2,091
mills, of kw.-hr_
61
Pig iron
thous. of long t o n s . .
Steel ingots and castings
100
thous. of long t o n s .
Wheat
flour
thous. of b b L
97.5
97.8
73.4
189.7
88.9
95.7
140.4
97.1
75.8
70.1
71.3
118.9
30.6
19.3
81.5
100.6
101.1
76.9
188.9
92.5
95.2
143.5
99.4
78.3
79.2
70.7
120.7
62.2
55.2
93.4
94.2
93.3
51.3
190.5
86.8
93.1
143.4
96.8
73.3
73.8
65.6
120.5
65.4
57.7
100.0
98.3
97.7
37.9
195.9
94.0
90.0
156.4
100.0
79.1
81.5
71.5
121.0
91.8
91.7
92.0
103.2
104.4
38.1
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
43.7
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
58.1
199.4
101.7
100.7
135.3
100.2
75.0
78.6
79.8
122.3
164.7
183.4
80.4
78.8
71.4
94.4
87.9
87.4
119.1
115.2
130.6
76.2
78.9
71.9
94.6
87.2
90.1
120.3
111.9
116.6
76.2
78.8
72.0
96.4
94.2
92.7
118.8
111.7
116.7
76.5
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
97.6
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
2,682
76.2
107
2,089
78.3
130
2,236
79.5
124
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
35, 363
3.65
25, 495
3.75
87.8
16, 378
3.81
84.4
72, 022
3.87
86.4
66, 526
3. 76
93.6
65,151
3.85
93.8
59, 523 122, 325 194, 866
3.84
3.82
«4. 23
92.4
93.6
94.7
66, 351 145,814
«3.87
°4.09
105.8
96.1
44, 374
37, 229
47, 677
37,044
59, 026
48,191
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
85, 317
55, 958
5,380
346
7,207
310
8,906
497
5,027
11, 990
383
6,495
430
9,158
21, 698
377
17, 273
396
28,919
501
26, 575
525
182
180
187
20, 953
20,475
d
419
21, 579
19, 676
937
23,847
20, 865
2,114
1,576
115
1,685
105
1,858
133
2,013
44
1,803
37
1,944
45
1,025
56
941
58
1,046
277
185
24, 482
20, 563
2,990
1,797
125
69
966
107.9
110.3
69.8
206.2
102.7
111.8
165.8
101.3
72.1
100.3
80.5
122.8
163.9
181.2
86.6
85.4
101.9
102.5
52.1
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
53.6
198.9
105.4
114.5
169.6
100.7
71.0
88.6
85.4
122.8
86.6
86.1
88.7
79.6
72.3
102.7
110.9
100.8
128.6
127.8
121.8
85.8
80.4
73.1
106.1
117.4
103.3
129.5
120.5
123.8
2,426
88.3
85.4
115
110.0
113.5
39.1
199.0
118.5
«114. 8
146.3
100.2
66.8
77.1
93.7
124.1
43.3
36.4
74.3
72.7
107.7
119.9
103.5
132.5
117.1
124.6
84.5
3,022
80.8
188
186
195
197
221
251
214
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
1,720
124
134
2,041
157
1,784
185
2,712
137
2,937
108
2,240
101
1,923
45
1,816
45
1,792
51
1,851
54
1,919
54
2,163
46
2,143
65
73
1,164
73
992
82
1,161
91
1,535
95
1,825
94
1,604
• Statistics in this section, with few exceptions, are from the Dominion Bureau of Statistics, Ottawa.
d
° Revised.
Deficit.
1 D a t a for 1934 revised. See p . 56 of the M a y 1935 issue.
* New series. For earlier data see p . 18 of t h e February 1933 issue, business indexes, and p . 20 of the October 1933 issue, commercial failures.
t Revised series. See p . 55 of the April 1934 issue, construction and mining, for 1933. Series on common-stock prices revised back to December 1932 as a result of additional stocks being added; for revision see p . 56 of the April 1934 issue.
# N u m b e r of commodities changed from 502 to 567 beginning with month of J a n u a r y 1934.
<? D a t a revised J a n u a r y 1932 through July 1933. Revision for 1932 see p . 55 of t h e November 1933 issue. For final revisions for 1933 see p . 56 October 1934 issue.
A Wood p u l p figures shown on p . 53, with t h e exception of t h e soda p u l p figures; are compiled b y the United States P u l p Producer's Association (formerly reported
to t h e P u l p Executive Code Authority). Starting in January 1936, the data are based on reports received from 162 mills instead of the 172 mills covered in 1935. Two
large mills reported for t h e first time in January 1936, and their output was about the same as t h a t for the 12 mills that ceased reporting. T h u s , the coverage of the
industry remained unchanged at 94 percent; (incorrectly reported in the SURVEY of J u l y 1935-February 1936 as 91 percent). However, in individual lines, the coverage
has changed: With 162 mills reporting the coverages are, bleached sulphate, 93 percent; unbleached sulphate, 98 percent. (These 2 items are shown in combination in
the S U R V E Y ) . Bleached sulphite, 95 percent; unbleached sulphite, 94 percent; groundwood, 92 percent. With 172 mills reporting, these percentages were respectively, 100
percent, 94 percent, 100 percent, and 98 percent, groundwood was unchanged. T h e figures are available starting with January 1934, and are not comparable with earlier
data shown in the SURVEY. See footnote on p . 56 of the April 1935 issue.
INDEX TO MONTHLY BUSINESS STATISTICS
Page
Abrasive paper and cloth . . . .
.
54
Acceptances
31,32
Accessories, automobile
59
Advertising
_
25,26
Africa, United States trade with
37
Agricultural products, cash income received
from marketings 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
56
Brokers' loans
32
Bronze
53
Building contracts awarded
24,25
Building costs
25
Building materials
_..
48,49
Business activity index (Annalist).
22
Business failures
32,33
Butter
42
Canadian statistics
60
Candy
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 w i t h . . 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
Communications
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-living 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
Nonmanufacturing
29
Miscellaneous
29
Emigration
38
Enameled ware
50
Engineering construction
25
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 yards, sales, stocks48
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
Paints
,_
-.••*.
Paper and pulp.
22,23,28,30,5
Passenger-car sales index
....
Passengers, street railways; Pullman . . . . 3
Passports issued
..*.
Pay rolls:
Factory
_
_,_,„_.
Factory, by cities amd States
-:.,._
Nonmanufacturing industries
.-.*_,-Pennsylvania, employment, pay roils *_._ 2
Petroleum and products.
22,24,28-30, A
Pig iron
2
Pork
_._,„_.
Postal business
— *Postal savings
,..._
Poultry
.
.,_,.,.. 2
Prices:
Cost of living, indexes
_„_-Farm indexes
....
Retail indexes
.»__.
Wholesale indexes
....
World, foodstuffs and raw m a t e r i a l . . . . . .
Printing
.... 2
Production, industrial
. ,«,
Profits, corporation
....
Public
finance
,,_..
Public utilities
_
__„. 2
Pullman Co_
,___
Pumps
t _._ S
Purchasing power of the dollar
.......
Radiators
,_„_
Radio, advertising
>_._
Railroads; operations, equipment, financial
statistics
37,38,5
Railways, street „
._-Rayon
.
:_._
Reconstruction Finance Corporation, loans
outstanding
....
Refrigerators, household
,„._
Registrations, automobiles
, >_._
Rents (housing), index .
....
Retail trade:
Automobiles, new, passenger
..-.
Chain stores:
5-and-10 (variety)
....
Grocery
..
Department stores
..
Mail order
._
Rural general merchandise
....
Roofing..
Rice
Rubber, crude; scrap; clothing; footwear;
tires
22-24,28,3
Rye
Sanitary ware
_._
Savings deposits
Sheep and lambs
Shipbuilding
__ 22,27,28,3
Shoes
_. 22,24,28,30,4
Silk
22,23,2
Silver.,.
2
Skins
_
Softwoods
Spain, exchange
Spindle activity, cotton
Steel, crude; manufactures
22,4
Stockholders.
Stock indexes, domestic and world
Stocks, department stores
Stocks (see individual commodities).
Stocks, issues, prices, sales
Stone, clay, and glass products
23,27,28,3
Sugar
23,2
Sulphur.
Sulphuric acid
..
Superphosphate
Tea
23,2
Telephones and telegraphs
_.
Terneplate
Terra cotta
Textiles, miscellaneous products
Tile, hollow building
Timber
Tin and terneplate
23,2
Tires
._
22,24,28,3
Tobacco
22,25,28,3
Tools, machine
Trade unions, employment
Travel
„_
Trucks and tractors, industrial electric
__
United Kingdom, exchange; United States
trade with
3
Uruguay, exchange
United States Steel Corporation
31,3
Utilities
29,30,34,35,36,4
Vacuum cleaners
Variety-store sales index
_.
Vegetable oils
,_ 3
Vegetables
.
Wages
....
Warehouses, space occupied
,«.
Waterway traffic
._
Wheat and wheat flour
_.
23,2
Wholesale prices
,.
Wisconsin, employment, pay rolls
. 2J9,3
Wood pulp
.
._-.
Wool
5
Zinc
..... *
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