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MAY, 1932

SURVEY
OF

CURRENT BUSINESS

UNITED STATES
DEPARTMENT OF COMMERCE
BUREAU OF FOREIGN AND DOMESTIC COMMERCE




V O L U M E 12

NUMBER 5

4 stores
in the Louisville
report these

Survey
:

STORE No. 1. Saved $500 by adopting a system for checking
merchandise from invoices as received and reduced its inventory
by watching slow-moving goods.
STORE No. 4. Annual business increased from $84,000 to
about $96,000 through better stock control.
STORE No. 19. Inventory reduced about $500 by eliminating
useless items through "basket sales/5
STORE No. 21. Business increased at least 20 per cent, with
no increase in inventory, largely as a result of remodeling.
Every instance of remodeling or changing the layout following suggestions advanced
after the survey has resulted favorably* In some cases there have been increased
sales of display merchandise, especially fresh fruits and vegetables; in others, fewer
lost sales in rush periods; in still others more leisure to devote to the appearance of
store and stock and more pleasant working conditions. In many stores inventories
have been reduced, credit losses minimized, and unprofitable deliveries curtailed.




(For a synopsis of the published findings of the survey consult
the back cover of this issue of the SURVEY)

V o l u m e 12

MAY, 1932
W E E K L Y DATA THROUGH A P R I L 23,

Numbers
1932

M O N T H L Y DATA T H R O U G H F E B R U A R Y

SURVEY OF
CURRENT BUSINESS
P U B L I S H E D BY

UNITED

STATES

DEPARTMENT

OF COMMERCE

WASHINGTON

CONTENTS
Page

M onthly business indicators
Business situation summarized
Finance
1932 in comparison
Commodity prices
Employment
Domestic trade
.
Foreign trade
Transportation
Construction
Agriculture
Iron and steel industry
Chemical industries
Automobile and rubber industries
Textile industry
Food industries
Forest products
New and revised series: Gas—Customers, sales, and revenues
Weekly business statistics
Monthly business statistics (Index)

2
3
4
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22

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

115352—32




1

SURVEY OF CURRENT BUSINESS

May, 1932

Monthly Business Indicators
1923-1925 = 100

160

INDUSTRIAL PRODUCTION

100

160

INDUSTRIAL PRODUCTION

140

100

FACTORY EMPLOYMENT

FACTORY PAYROLLS

ISO

100

i t MM

TOTAL FREIGHT CAR LOADINGS

150

I

I ! I II ! i M ! II M III I I t M I I! <*H»I I I I II II

FREIGHT CAR LOADINGS LCL
(40

f UNADJUSTED

*^

100

eoLLLLU

DEPARTMENT STORE SALES

200

I
\\UNADJUSTLD

!llllll

WHOLESALE PRICES

160

^ADJUSTED

100

100

40

VALUE OF EXPORTS

!60

VALUE OF IMPORTS

!60

^v

100

1 II f 1 1

40

BANK DEBITS OUTSIDE NEW YORK CITY
200

200

|| 1

BUILDING CONTRACTS AWARDED
UNADJUSTED

100

100

1928 1929

1930

193!

ADJUSTED FOR SEASONAL VARIATION




1932

ADJUSTED

1928

1929

1930 1931

1932

SURVEY OF CURRENT BUSINESS

May, 1932

Business Situation Summarized
Building activity continued at low ebb in March
and early April and the small gains in contracts
awarded were less than usually occur at this period.
Total contract awards for the iirst quarter amounted
to only $286,079,000 this year, as compared with
8833,342,000 in 1931, while the value of residential
contracts fell from $233,207,000 in the first three
months of 1931 to $85,130,000 in the corresponding
period of 1932.
Evidence of recent declines in consumer buying is
furnished by the failure of rail shipments of merchandise and department-store sales to respond normally
to seasonal influences. Freight-car loadings failed to
increase seasonally during the first quarter, and the
Federal Reserve Board's seasonally adjusted index
declined more than 1 per cent from February to March,
while rail shipments of merchandise, after allowance
for seasonal changes, declined 4 per cent. Departmentstore sales, reflecting Easter buying, increased in
March, but by less than the usual seasonal amount so
that the adjusted index declined 5 per cent in that
month. Both exports and imports increased slightly
in dollar volume in March, but the gains were considerably smaller than are normally expected.
Financial conditions have shown further recent
improvement. Bank failures have been greatly reduced in number and substantial progress has been
made in reopening closed institutions, while there has
been a further return of hoarded currency to the banks.

activity, factory employment, and
I NDUSTRIAL
wholesale prices showed further moderate declines
in March, and the slight improvement which occured
in some lines of business activity was less than the
normal seasonal gain. The volume of industrial production declined, and the Federal Reserve Board's
seasonally adjusted index decreased 3 per cent and was
22 per cent below the level of the year before.
The decline of 4 per cent in the adjusted index of
production of manufactures was shared in by most of
the factory industries, with the exception of lumber
and leather and shoes, which experienced some
improvement. The index of mineral output, however,
advanced sharply, owing to increased production of
anthracite and bituminous coal.
The seasonally adjusted index of factory employment
declined by 2 per cent in March to the lowest level in
several years. Factory pay rolls, after increasing seasonally in February, dropped back in March to about
the level of January. While most of the manufacturing industries contributed to the decline, wearing apparel and leather were noticeable exceptions, registering
gains in both pay rolls and employment. The curtailment in the automobile industry has been followed by
increased operations and employment in April.
Among the nonmanufacturing industries, anthracite
mining was the only one to record increases in both
employment and pay rolls, while retail trade and
dyeing and cleaning showed gains in employment only.

MONTHLY BUSINESS INDEXES
and pay rolls

Year and month

v- 3

c

3

: ^3

? i *9

I
1

f

i

3

13
OB

•2»
P

Wholesale prices

Merchandise, 1. c. 1.

Total

1-

Foreign
trade,
value

Department
store sales,
value

Freight car loadings

i
1 1a
0

I

3£

®Q
•tt

•53

3
I

1

1

5

I

P

1932




104 |

104

98

93

98

90

96

101

87
88
87
83
82
78
76
73
73
74

87
87
86
82
82
78
75
71
71
72

89
91
87
86
86
79
77
84
81
85

78
78
78
76
75
74
73
70
69
69

75
74
72
68
64
64
62
59
56
56

75
77
79
77
78
76
78
78
70
61

80
80
79
77
76
72
69
69
68
69

89
91
92
89
87
86
88
87
85
77

72 !
70 i
68

70
68
65

77
78
84

68
68
66

52
54
52

58
59
58

65
62
61 ;

75
75
75

106 ij
85
70 i

105
85
68

105
88
80

94
78
67

97
72
53

90
74
58

:

'
'
!
i
'
',

i Adjusted for seasonal variation.

:

1
l

i

:

:
;
!
i

9

ioli

Monthly average
1926=100

Monthly average 1923-1925=100
1930: March
._
i
1931:
j
March
<
April
i
May
_
•
June
1
July....
!
August
!
September _ _
October
i
November _
_
1
December
i
1932:
i
January
i
!
February
March
Monthly average, January
through March:
1930
!
1931

•d
cc
oe ce
.a «>

i

100 !

93

89 i
88 !
89 !
89 i
88 1
86 i
85 !
83 !
83 i
83 !

92
101
97
90
65
67
87
93
97
142

81
78
75 i

67
64
71

98
86 i

i
;
;
•:
<

90
84 :
67

75 i
1

107 «

97

93

126.8

90.2

94.7

88.2

97
106
97
95
91
88
84
86
83
81

62
57
54
49
48
43
48
54
51
48

65
58
56
55 ;
54 ;
52
53
52
46
47

98.4
99.5
96.6
98.4
93.5
83.8
84.3
91.9
74.0
86.7

77 1
73 !
65 j
63
61 :
59 :
59 |
55 ;
49
38 !

76.0
74.8
73.2
72.1
72.0
72.1
71.2
70.3
70.2
68.6

70.6
70.1
67.1
65.4
64.9
63.5
60.5
58.8
58.7
55.7

77.2
75,9
75.1
74.1
73. 9
74.2
73. 9
72.9
73.4
72.3

40
41
41

42
41
41

80.6 j
65.2
69.6

31 i
27 !
26

67.3
66.3
66.0

52.8
50.6
50.2

71.7
71.3
70.9

99
62
41

92
59
41

122. 1
98. 3
71.8

100
76 i

91.4
77.0
66.5

97.9
71.3
51.2

88.9
78.2
71.3

78
78
74

:

Adjusted for number of working days.

102

28 ;

SURVEY OF CURRENT BUSINESS

May, 1932

Finance—Credit and Banking
CONSTRUCTIVE measures adopted during the
^^ first quarter of the year have proven effective in
improving the general banking situation. Bank failures during March declined to 45, the lowest total for
the month since 1925, and the weekly figures for the
current month reveal a continuation of the improved
March trend. Furthermore, the deposits of banks
reopened during March were approximately as large as
those involved in the suspensions of the month. Money
in circulation has continued to decline, and the total
reduction in the amount outstanding since the first
week of February has been close to $200,000,000.
The gold outflow also was arrested during March and
we had a net gain of gold on balance of $33,600,000,
compared with a loss of double that amount in February. During the first three weeks of the current month
some further gold exports have been made which resulted in a net loss of about $16,000,000.
Evidences of returning confidence in the banking
situation are also reflected in the increase of less than
$14,000,000 in postal savings during March. Such
savings increased rapidly during the latter part of 1931
and the first two months of 1932, but the gain reported
for the latest month was the smallest since last
May.
Among the more important recent developments
in the banking situation have been the reduction in the
indebtedness of member banks at the reserve banks,
and the more aggressive policy adopted by the latter

in the purchase of Government securities. Member
banks drew heavily upon the reserve banks last fall and
such borrowing reached a peak of over $800,000,000
in January and February. By the middle of April this
total had been reduced by over $500,000,000. Total
holdings of Government securities by the reserve banks,
according to the latest report, were well in excess of a
billion dollars and for the latest week such holdings
increased $93,000,000. Reserve bank credit outstanding during the week of April 16, showed a decrease in
comparison with the amount outstanding at the beginning of March, despite the large increase in holdings
of Government securities.
The improvement in the banking situation has not
yet halted the liquidation of bank credit. During the
six weeks ended April 13, the weekly reports of the
member banks reveal a decline in total loans and investments of $465,000,000,, notwithstanding an increase
in investment holdings. However, net demand and
time deposits dropped only about $100,000,000, the rate
of decline being less rapid than in the first two months
of the year.
Bank debits reflect the absence of the usual spring
rise in business activity. Debits in New York City
and elsewhere increased, but the figures reveal no
improvement when reduced to a daily average basis.
During the first three weeks of April the average weekly
totals have shown practically no expansion over the
March figures.

CREDIT AND BANKING STATISTICS
Reporting member
b a n k s Wednesday
closest to end of
month

Bank debits

Year and
month

New

York
City

Outside
New
York
City

Canada

Loans

on

securities

All

other
loans

In-

vestments

Net
imers' ac- ports
inceptances cluding
[ Mem- outgold
j
ber
standre) bank
in g
', leased
| reserve end, of
from
acmonth ear-

Condition of Federal reserve banks
end of month

Total
Total
Total
hills
Total
hills
United reserve
bought
disStates
in
the
bank
count- open securi- credit
ed
ties
market

Total
bank-

count

gold

DeNew

Postal
savings
balYork ance, to
State
credit
savings of debanks positors

Money posits

in

circulation

mark

Thousands of
dollars

MILLIONS OF DOLLARS
i

1

40, 740

24, 983

3,092

8,244

8,702

5,719

310

279

535

1, 149

2, 385

1,539

68.5

4,532

4,509

169, 527

27, 589
26, 821
May . .- - 25, 072
25, 893
June
21, 007
July
August
17, 501
September.... 20, 073
October
20, 678
November. _. 14,464
December .. 19, 233

19, 421
19, 620
18, 858
19, 406
18, 444
16, 526
16, 627
18, 125
14, 605
17, 112

2,570
2,786
3, 172
2, 694
2,400
2,244
2, 451
2, 587
2,842
2,638

7,256
7,052
6,867
6,746
6,544
6,519
6,346
5,897
5,807
5,777

8,126
7,941
7,863
7,945
7,942
7,879
7,845
7,624
7,543
7,327

7,551
7,903
7,807
7,795
7,810
7,665
7,916
7,700
7,506
7,428

250
157
174
149
195
255
328
728
718
638

124
163
125
106
73
215
469
681
452
339

599
598
598
668
678
728
742
727
717
817

990
937
917
943
976
1, 255
1. 578
2, 184
1, 931
1, 853

2, 428
2, 371
2, 389
2, 381
2, 367
2, 373
2, 364
2, 167
2, 051
1, 961

1,467
,422
,413
,368
,228
,090
996
1,040
1, 002
974

28.6
42.0
53.6
156. 1
-10.2
41.5
-258. 5
-445. 3
117.7
34.0

4,590
4,647
4,679
4,750
4,836
4,947
5,133
5,478
5,518
5,611

5,018
5,059
5,083
5,156
5,149
5,173
5,231
5,217
5,213
5,255

302, 658
313, 775
325, 028
347, 417
372, 457
422, 699
468, 908
536, 660
564, 809
595, 634

17, 676
14, 381
16, 160

15, 893
12, 870
13, 729

2,071
1, 990

5,574
5,440
5, 328

7,256
7,148
6, 883

7,149
6, 935
7,143

899
828
639

153
109
68

746
740
872

1, 856
1,709 i
1,597

1, 947
1,849
1,924

961
919
911

-49.1
-66.7
33.6

5,645
5,627
5,531

5,236
5, 239
5,290

658, 081
683, 627
697, 280

1930: March

1931:

March
April

1932:

January
February
March




SURVEY OF CURRENT BUSINESS

May, 1932

Finance—Security and Money Markets
OECUBITY prices have moved downward since the
^ early part of March, interrupted by temporary
upward swings which have not yet succeeded in reversing the trend. Liquidation of stocks proceeded
steadily during the final three weeks of March and
reached an acute stage in the first week of April.
The public announcement that the reserve authorities
were increasing their purchase of government securities
for the purpose of expanding outstanding reserve credit
was one of several factors which served to slacken the
rate of decline. The turnover has not been particularly
heavy, with the average daily sales below the February
total. The market value of all listed shares on the
stock exchange on April 1 was about $3,000,000,000
below the preceding month, and a further substantial
shrinkage occurred during the first three weeks of
April.
Bond prices scored some improvement in March,
although quotations during the latter half of the
month and the first week of April tended to follow
the movement of stocks. Strength was confined
mainly to United States Governments, which currently remain around the high quotations for the
year. Daily price quotations, as measured by the
Dow-Jones averages, fell to approximately the low
point of last December in the middle of April, but
have since recovered over 2 points, or about onequarter of the loss on the decline from the March high.

The easing of the general banking situation has been
reflected in a further reduction in money rates. The
call loan renewal rate continued unchanged during the
month at 2% per cent, but rates on time loans and
commercial paper moved downward. The investment
demand for bills has been high relative to the amount
being released in the market, with the result that rates
were successively lowered. The volume of bankers
acceptances outstanding at the end of March fell to
$911,290,714, a decline of $8,101,166 from the preceding month and of $555,445,789 from a year ago.
Acceptances created for export purposes rose $10,300,000 in March and there were increases in bills drawn
to cover domestic shipments and goods stored in or
shipped between foreign countries, but these were more
than offset by reductions in import bills, domestic
warehouse credits, and bills drawn to create dollar
exchange.
While capital issues increased in March, the total
continues small, and the market remains unreceptive
to any but the highest grade issues. State and municipal flotations made up more than two-thirds of the
total of $160,612,000 offered during the month.
Dividend and interest payments were larger during
March than in the preceding month as a result of
quarterly interest payments. Total disbursements
were 17 per cent under a year ago, while dividend
payments were 31 per cent below a year ago.

SECURITY AND MONEY MARKET STATISTICS
Price indices of foreign listed common stock

Year and month

ReStock ported
sales
prices
of
stocks

Commonstock
yields London

Thou- Per
Rel. to sands
1926 sharesof cent
172 4 96,552
1930'lMarch
1931:
March
121.6 65, 494
109.2 54,335
April
May..
.
_- _ 98.0 46, 661
95.1 58, 719
June
98.2 33,540
July
August
__
95.5 24, 890
September
81.7 51, 140
October . .
69.7 47, 895
November . _ . _ __
71.7 37, 369
December
57 7 50, 190
1932:
January
58 0 34 342
February
56.5 31,719
March
56.8 33, 081




Eange of open market money rates
New York

Brokers* loans

Made
by reTotal
portEeLong- dividend
ing
ported
New
term
mem- by the RaBond capital
and
real
ber
Comyields issues estate interest
Call
New
tio
paybanks York
mon- Time merto
Paris Berlin
bonds ments
in
ey re- loans cial
Stock marpaper N.Y.C., Exket
newal
Wed. change, value
closest end of
to
month
end of
i
month

Price
Rel. to Rela- to
par
Dec. 31, tive to weight1913
1923
ed

Per
cent

Thousands of dollars

Per cent

Per
cent

Millions of
dollars

3.99

106. 47

479

130.9

4 55

630, 889

11,350

623, 742

3.69 3M-4% 3% 43A

3,968

4,656

6.12

4.95
5.43
5.95
5.96
5.66
5.74
6.51
7.28
7.06
8.66

80.70
81.02
77.63
70.33
76.42
72.40
66.90
70.14
76.64
70.77

373
362
346
322
329
309
304
269
249
243

97.3
101.2
96.6
80.6
83.7
Closed.
62.0
Closed.
Closed.
Closed.

4.41
4.43
4.43
4.45
4.44
4.50
4.70
5.16
5.19
5.81

269, 030 2,015
267, 471 7,235
169, 360 9,485
131, 343 3,425
775
115, 070
46, 197 2,100
156, 381 66, 785
17, 391 9,125
50, 123 2,619
66, 984 3, 185

593, 082
745, 673
559, 624
762, 077
945, 976
489, 858
532, 840
747, 157
557, 742
670, 951

1.55
1.52
1.45
1.50
1.50
1.50
1,50
2.10
2.50
2 70

1,875
,730
,539
,479
,390
,366
,172

1,909
1,651
1,435
1.391
1,344
1,354
1,044

3.58
3.40
3.37
2.93
3.03
3.04
3.23
2.33
2.35
2.20

8.22
8.04
7.16

67 18
69.01
69.24

221 Olosprl
250 Closed.
294 Closed.

5 86
5.92
5.87

997 938
443, 200
494, 269

2 65 3^2-4

505

512

495
525

525
533

1.94
1.90
2.18

46 664
38,863
48,247

1 075

0
905

2.50
2.50

2 -2M
%
1%-2M 2M-2H
\y^-i 2 -2M
2
1J4-1M
2
\y±
IIA
2
\1A-11A
1*4-2
2
2^-4 2 -4M
3 -4 3M-4M
3 -4 3%-4
3% 4
3H-3% 3%-4
2%-3H 3^-3%

869
720
591

796
730
587




SURVEY OF CURRENT BUSINESS

May, 1932

1932 in Comparison
F/R5T 3 MOUTHS

V/////////A

REMAINDER OF YEAR

BANK DEBITS OUTSIDE NEW YORK CITY - {BILLIONS OF DOLLARS)

CONSTRUCTION CONTRACTS AWARDED - (BILLIONS OF DOLLARS]

STEEL INGOT PRODUCTION-

AUTOMOBILE PRODUCTION -(THOUSANDS OFCARS)

<////%^/
FREIGHT CAR LOADINGS- - (MILLIONS Of CARS)

eo

10

30

40

50

Y/WWZ///(////^^^^
VT^^/Z/Z^
\, ,

\,^,,>\,,,>, 1,7777, \,,,,,,\

,, I ' i^^L^

SURVEY OF CURRENT BUSINESS

May, 1932

Commodity Prices
Only fractional price changes were shown in 16 of 34
subgroups.
Retail prices of foods declined only fractionally
from the middle of February to March 15, after a
sharp fall during the first two months of the year. Of
the 42 articles of foods on which quotations are
regularly received, prices of 26 articles declined, 8
advanced and 8 remained unchanged. Prices of
fresh eggs continued weak with a further drop of 12
per cent during the month. Most of the other
important items in the daily diet changed less than 1
per cent in price.
Farm prices were nearly 2 per cent higher in the
middle of March than at the same time in February,
the first advance in five months, although they are
still 39 per cent lower than before the war and 33 per
cent lower than at this time last year. From February to March the most significant, although not the
greatest, increases were shown in prices of livestock
and of cotton which advanced 6 per cent each, the
former as a result of higher price levels of all meat
animals, except veal calves. Prices of fruits and
vegetables rose 7 per cent due to higher prices for
apples, citrus fruits, and potatoes, and those of dairy
and poultry products fell 7 per cent to a new low level.
Prices of grains averaged the same in March as in
February.

ALTHOUGH wholesale prices of all commodities
-<-*• and of retail foods declined further in March, the
recessions were the smallest in several months. Farm
prices rose 2 per cent, the first advance since November. Data so far received indicates that wholesale
prices were fairly steady during the first three weeks
of April.
Wholesale commodity prices averaged, fractionally
lower in March than in February, hut the decline
during that time was the smallest for any similar
period since November. Prices of textile products
declined 1.8 per cent as a result of an 8 per cent drop in
prices of silk and rayon, and a 2.3 per cent decline in
prices of clothing. Drops of 3 to 4 per cent in hides
and skins and leather prices caused the index of hides
and leather products to decline 1.3 per cent. Seven
of the other 8 groups declined less than 1 per cent
from February to March, and the miscellaneous group
of products remained unchanged. Of the subgroups
of products included in these 8 groups, prices of crude
rubber showed the largest decline, 16 per cent. Prices
of grains, anthracite coal, and nonferrous metals
declined from 4 to 6 per cent and declines of 2 per cent
each were shown in plumbing and heating equipment,
and lumber. Advances of 9 per cent occurred in
prices of cattle feed and of 2 to 3 per cent in structural
steel, meats, and livestock and poultry products.

INDEXES OF COMMODITY PRICES
Retail

Wholesale i

js| F~

&D

ri an

fl

| i |! |

a

Combined ind
commoditi

.22

*
S

ng

! 1

*»

Cos

1* ; §

•

Food

•"*
H

•M O

1•

Finished man
tures

I
;

5 ^ 1
"3

;
;

43

Raw materii

I :; »d* *

O
w
&*

:

Miscellaneol

&1
§
1

;

House fun
good

s*
sa.i;
is!!!
IS"-!

2

i Fuel and lig

Year and month

1 1^
i'l
«2

• s

a

03
•+*
V
3

j Textile prodi

i A
i "S
i
y

1 8 s ;•
-2w
! •S*
a>»

i —s

T
ITYV
5
«2
«
H

j Farm*

Mo.
average
1909
to
1914 =

Mo. l Mo.
aver- j aver, age
age
f|1913= 1923 =

M on thi y a v erage, 1026 = 100

100

100

100

1
930: March:
931:
March
April
May
-. .
June
.
July
August
.
September
October
November
December
932:
January
February
March
Monthly average, January
March:
1930
_
1931.
_
1932
1

! 90.8

i

!
I
i

' 67 3
I 66 3
I 66 0
through !
;

Department of Labor.




76 0
74 8
73 2
72 1
72 0
72 1
71 2
70 3
70 2
68 6

92. 1
77 0
66 5

94.7

93.9 ; 103.2

86. 5

77.4

100.6

95.4

91.2

96. 5

78.2

89.3

70
70
67
65
64
63
60
58
58
55

77
76
73
73
74
74
73
73
71
69

70
68
67
66
66
65
64
63
62
60

0
2
4
6
5
5
5
0
2
8

68 3
3
9
9
5
4
8
4
3

86 4
85 7
85 0
84 4
84 3
83 9
83 9
82 8
82 6
82 2

82 5
81 5
80*0
79 3
78 1
77 6
77 0
76 1
76 2

82
81
80
79
78
76
76
75
76
76

88
87
86
86
85
84
82
81
80
78

72
71
70
69
69
68
68
66
68
66

69
68
66
64
64
64
62
61
62
60

6
1
1
4
9
5
5
8
7
7

6
3
8
3
0
6
7
3
0
1

i 87
!
87
' 87
! 88
i 89
88
85
i 82
81
' 79

6
5
6
0
4
7
0
5
6
8

65
62
62
66
67
67
69
68

9
3
5
4
9
9
3
6
1
1

0
9
8
4
7
9
7
0
9
5

0
5
5
7
7
3
2
6
7
8

;

90.6

92.0

5
72 9
3 i 71 5
5
69 8
7
69 3
3
69 3
1 68 3
7
66 7
5
65 2
0
64 9
2
63 7

79 6
78 3
76 9
76 0
76 1
76*4
75 9
75 1
74 8
73 3

52 8
50 6
50 2

64 7 ;
62 5 '
62 3

79 3
78 3
77 3

59 9
59 8
58 7

67 9
68 3
67 9

81 8
80 9
80 8

74 8
73 4
73 2

75 7
75 5
75 3

77 7
77 5
77 1

65 6
04 7
64 7

58 3
56 9
56 1

97.9
71 3
51 2

88. 9 ' 104. 1
78 8 : 87 7
63 2
78 3

88.1
70 7
66 1

78.7
71 4
68 0

100.9
86 6
81 2

95.8
82 9
73 8

92.2
83 6

96. 9
88 1
77 4

78.5
71 9
65 0

91.7
91.9
70 9 ; 73 2
57 1 61 9

2 Department of Agriculture.

63 1
61 9
60 8

150

9,8 |

126

126

89 1 i

91

85. 9
85 9
85 9
85 6
84 9
83 9
00. 1
83
i

:
1
i
i

86
80
79
75
72
68
71
66

81 4
80 1

!

1

72 1
71 4
71 5 1
j
1
92.6 !
80 5
71 7
71.7

124
121
118
119
120
119
119
117
114
109
105

105

153
12Q

106

3 National Industrial Conference Board.

88 2 •

,

i
98.5
89 9 '

63
60
61
130
92

61

SURVEY OF CURRENT BUSINESS

May, 1932

Employment
pick-up in business activity, which
SEASONAL
usually occurs in the first quarter of the year, failed
to materialize in 1932 to any appreciable extent, and
as a result employment which had declined from
January to February was again lower, generally, in
March. Pay rolls were also further reduced during
the month and for the first quarter of the year those
of manufacturing establishments averaged only slightly
more than half of the average monthly wage payments
during 1923 to 1925. A greater than seasonal expansion in employment took place in the wearing-apparel
and the leather industries; an increase, but of less
than seasonal proportions, occurred in the cement,
clay, and glass industries, while employment in the
chemical group of industries remained unchanged
from February to March and that of all the other
groups declined. Employment in the food, leather,
and petroleum groups has been maintained much
better, both as compared with a year ago and as
compared with the period 1923 to 1925, than in all the
other groups, with the exception of the paper and
printing industries, which have shown a smaller decline
in employment during the period from 1923 to 1925,
than any other group of industries.
The factory industries showing the greatest declines
in employment from February to March were those
manufacturing silk goods, woolen and worsted goods,
cast-iron pipe, furniture, explosives, and machine tools,

while those showing the greatest increase were engaged
in the production of butter, women's clothing and
millinery, boots and shoes, fertilizers, and stamped
and enameled ware.
Nonmanufacturing industries, with the exception
of anthracite mining, retail trade, and cleaning and
dyeing also reported declines in employment and pay
rolls from February to March; employment in the
first two of these groups expanded 3.5 and 1.1 per
cent, respectively. The nonmanufacturing industries
showing the smallest relative decrease in employment
between the two months were telephone and telegraph,
wholesale trade, and hotels. Compared with 1929
employment has been best maintained in the power,
light and water, and the hotel industries. During
the first quarter of 1932 wage payments averaged from
one-half to three-fourths less than the 1929 monthly
average in bituminous coal mining, metalliferous mining, quarrying and nonmetallic mining, crude petroleum producing, canning, and preserving industries.
Although unemployment continues high, the American Federation of Labor reports no change in the
number of trade-union members unemployed. Hourly
rates for common labor which increased 1 cent an hour
from January to February showed a similar increase
in March. There were some further downward adjustments of salaries and wages in March. Industrial
disputes and disorders continue to be relatively few.

STATISTICS OF EMPLOYMENT, PAY ROLLS, AND WAGES
Factory em- j
Bituminous
ployment F.R.B. coal
mining
F. R. B.
factory

Anthracite
mining

Power, light,
and water

Em-

Em
'
Pl y
° ment

Telephone
and telegraph

1

pay

Year and month

rolls,
unadAd- Unad- justed
j listed' justed

Employment

Pay
rolls

ployment

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

Pav
rons
rolte

Pay
rolls

Employment

Pay
rolls

Employ- Employ- Wages,
comment
ment,
mon
agencies, trade- labor
in
appli- union
road
per memPay cants
buildbers
rolls 100 jobs
ing

Retail trade
Employment

Monthly average, 1929=100

j Number

Per cent Cents
of total
members per hour

°2 9

93.1

98.2

98.6

86.4

82.6

78.5

99.7

102.1

99.4

105.8

93.9

95. 5

180

79

39

77.9
78.0
77.8
76.0
75.1
74.1
72.8
70.3
69.3
69.4

78.1
77.9
77 A
75.0
73.8
74.2
74.7
71.4
68.7
67.9

74.9
73.6
72.1
67.6
64.4
64.3
61.8
59.4
56.2
55.8

88.8
85.9
82.4
78.4
76.4
77.0
80.4
81.3
81.1
81.2

65.2
58.6
54.4
52.4
50.4
50.6
53.6
56.2
54.6
52.3

82.0
85.2
80.3
76.1
65.1
67.3
80.0
86.8
83.5
79.8

71.3
75.2
76.1
66.7
53.7
56.4
64.9
91.1
79.5
78.4

96.7 102.4
97.1 97.6
97.6 98.7
97.2 98.3
96.7 97.4
95.9 96.2
94.7 94.3
92.7 93.2
91.3 93.3
90.3 91.2

88.6
88.1
87.4
86.9
86.6
85.9
85.0
84.1
83.5
83.1

97.9
95.0
94.1
95.0
93.3
92.3
92.1
91.6
89.7
92.7

87.8
90.1
89.9
89.1
83.9
81. 8
86.6
89. 8
90.9
106. 2

87.5
88.3
88.0
87.6
83.3
80.3
83.5
84.6
85.4
94.1

179
177
181
205
209
217
196
221
214
191

74
75
75
75
74
74
74
74
73
70

37
35
37
37
36
36
34
35
34
33

68.1
67.8
66.4

66.3
67.3
66.3

52.4
53.6
53.3

80.8
77.4
75.3

47.0
47.0
46.8

76.2
71.2
73.7

61.5
57.3
61.2 j

89.3
87.2
85.5

88.4
86.0
85.4

83.0
82.0
81.7

89.1
89.6
88.2

84.3
80. 5
81.4

78.0
73.7
73.4

207
188

69
69
69

32
33
34

93.2 1

96.8
72.2 j:
52.8

101.2
91.4
77.8

96. 6
68.9
46.9

97.2
87.4
73.7

101.9
87.5
60.0 I

99.4 100.7
97.9 100.2
87.3 86.6

100.4
89.4
82.2

104.3
96.3
89.0

95. 7
88.3
82.1

97.1
87.9
75.0

194
202

79
73
69

39
36
33

66! 6

i Adjusted for seasonal variation.



SURVEY OF CURRENT BUSINESS

May, 1932

Domestic Trade
HOLESALE and retail trade has recently reWflected
the effects of the continued reduction in

clined 11 per cent, or close to the average decline of
10 per cent for the first quarter. Five-and-ten cent
store
sales continue to hold up relatively well. For
consumer purchasing power and general uncertainty,
the
first
quarter of the current year dollar sales through
which have been only partially offset by continued
price reductions. Some gains in retail trade have these outlets were only 5 per cent below the level
occurred, particularly in clothing and hardware lines, of a year ago. Sales of the two leading mail-order
but these have been of a seasonal nature. On the houses during March were about one-fifth below a
whole, the first quarter was marked by a sharp cur- year ago.
Mortality among commercial concerns continues
tailment of retail trade which had held up remarkably
well through 1930 and 1931, considering the decline in high with the total failures for March the largest ever
reported for the month. The returns for the first
production and pay rolls.
The volume of sales through the leading retail out- three weeks of April record only a slight decline in
lets during March was greater than in February, but the comparison with the preceding month. Liabilities
increase was not up to seasonal expectations. Depart- involved in these failures were not far below the total
ment store sales increased 11 per cent in dollar volume for January last, the seasonal peak, and were the
but, after allowing for seasonal influences, the adjusted largest for the month since 1924. During the first
index fell 5.1 per cent. Compared with a year ago, quarter of the current year failures showed an increase
sales were lower by 22 per cent, which was slightly of 8 per cent over a year ago while the liabilities inhigher than the average decline of 20 per cent for the volved increased 28 per cent.
Advertising in both newspapers and magazines
first quarter. This quarterly decline contrasts with a
decline of 6 per cent in the first quarter of 1931 in showed the usual seasonal expansion in March. Durcomparison with the preceding year, and an average ing the first quarter of the year, newspaper lineage dedecline of 10 per cent for the year 1931 in comparison creased 13 per cent in comparison with a year ago,
with 1930. The March reduction from a year ago while expenditures on magazine advertising decreased
was fairly uniform in the various Federal reserve 24 per cent. Expenditures on radio advertising were
higher than in February and for the first quarter were
districts.
Sales through the leading chain-store systems were 46 per cent in excess of the same period of 1931.
also higher than in February, but not by the normal
March postal receipts increased over the short
seasonal amount. In comparison with a year ago, the month of February, but were 12 per cent below last
dollar sales of the leading chain-store companies de- year.

DOMESTIC TRADE STATISTICS
Departmentstore sales

Year and month

Unad- Adjust- justed 2
ed^

Freight car Five-and-tenDepartment-3 loadings,
mercent-store j
store stocks chandise, I.e.
1.
sales
Unad- Adjust- justed 2
ed

Mailorder
sales, 2
houses

Unad- Ad- i Unad- Adjust- just- just- justed
ed 2
ed
ed 2




Failures

Money
order
value,
Liabil- Maga- News- paid
ities
zine paper

Thou- Mil- ThouNum- Thousands lions of sands
ber ofsands
dolls. of lines lines of dolls.

107

100

97

101

149

165 !

47, 582

32,475 i

2,347

56, 846

2,748

98

88,103

92
101
97
90
65
67
87
93
97
142

97
106
97
95
91
88
84
86
83
81

87
87
85
80
75
76
84
88
89
73

84
83
83
82
81
79
81
80
79
78

89
91
92
89
87
88
88
87
85
77

89
88
89
89
88
86
85
83 1
83
83

144
160
156
148
140
143
142
169
148
279

!»
168
168
162
149
160
156
152
147
144

43,008
52, 078
50, 070
49, 480
45, 093
43, 004
45, 955
52, 280
45, 898
58, 821

30, 178
29,257 i
27, 844
26,442
24,578
23,389 i
26,335
28, 618
25, 355
34, 966

2,604 60, 387
2, 383 50, 868
2,248 53, 371
1,993 51, 656
1,983 60, 998
1,944 53, 025
1,936 47, 256
2,362 70, 660
2,195 60, 660
2,758 73, 213

2,182
2,421
2,375
2,191
1,613
1,316
1,603
1,911
1,882
1,626

90
89
88
80
67
67
77
88
82
77

81, 747
81, 956
76, 433
79, 311
76, 365
71,622
74,679
86, 759
81,318
91, 567

67
64
71

78
78
U

67
69
72

75
73
70

75
75
75

81
78
75

115
121
138

155
156
146

31,975
32, 581
33, 959

25, 312
24, 061
26,677

1,138
1,469 i
1,677

68
64
72

78, 149
73, 463
80, 211

47, 149
41, 296
32, 838

31,377
28, 585
25, 350

3,458 96,860
2,732 84,900
2,951 93,760
i
2, 456 56,452
2,828 71,534
3,047 91,840

2,360
1,899
1,428 1

89
79
68

84,254
76,985
77,274

100

i
90
84
67

2

Advertising
lineage

93

i Corrected to average daily sales.
115352—32

50 se-

lected
cities

Thousands of
dollars

Monthly average, 1923-1925=100

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

Commercial
failures

Postal
receipts,

98
86
75

94
82
69
2

I

145
132
125

Adjusted for seasonal variation.

3

End of month figures.

10

SURVEY OF CURRENT BUSINESS

May, 1932

Foreign Trade
T TNITED STATES exports during March showed
^-^ an increase of $2,000,000 over February, following
the gain of $4,000,000 in the preceding month. Since
imports increased less than one-half million dollars,
the favorable balance of trade for the .month was
$24,000,000, or almost as large as in the same period
of 1931. The value of March exports and imports
was $ 156,000,000 and $131,300,000, respectively.
Gold exports in March amounted to $43,900,000, a drop
of $84,300,000 as compared with February shipments.
Although imports of gold were only $19,200,000, there
was a net gain during March of gold on balance as a
result of changes in the earmark account.
The gain in foreign sales of automobiles contributed
materially to the expansion in total exports during
March. Although exports of automobiles as well as of
electrical apparatus and agricultural implements are
now relatively small as compared with those of the
corresponding period of 1931 and other recent years,
they have recorded a gain in each month since January.
Exports of automobiles (including parts and accessories) for the period January-March, 1932, totaled
$23,500,000 as against $49,300,000 in the corresponding
period of 1931, while agricultural machinery and implements exports were $3,100,000 as contrasted with
$39,100,000.
Shipments of wheat, not only to South America and

China but also to the European countries, have been
decidedly larger this year than in the? corresponding
period of 1931; total exports have been 14,500,000
bushels. Exports of raw cotton fell off slightly during
March, but for the elapsed 3-month period have
amounted to 1,508,000,000 pounds, a gain of 79 per
cent over the corresponding period of the preceding
year. Japan, Germany, the United Kingdom, and
China have been the leading purchasers in the order
enumerated. Leading commodities showing declines
in foreign sales in March were apples, tobacco, meats
and fats, and copper. In many instances the abovementioned increases as well as the decreases represent
the usual seasonal changes.
While unit values (average prices) of leading export
and import commodities in March fluctuated only
slightly as compared with the two or three months
immediately preceding, they remain considerably
below the level of the corresponding period of 1931.
Among the leading commodity imports, crude rubber, newsprint, cane sugar, coffee, and cocoa showed
the customary seasonal increase during March, while
wood pulp, unmanufactured wool, and copper fell off
sharply. Crude petroleum and advanced mineral-oil
imports increased from 8,220,000 barrels in February
to 8,860,000 barrels in March, but the value dropped
from $7,300,000 to $7,100,000.

EXPORTS AND IMPORTS
;

Year and mouth

Exports of United States merchandise

Gen eral imi>orts

!
Crude
Finished manufactures
Foodstuffs
j
Ex- I materials ,
ports,
includSemiI Auto- !
ing
mo- !
reexFruits
Wheat Meats and
Mabiles, 1 f i_ e f t
Saw
ports i
cotj
and
!
and
prepTotal chin- parts, j ,it:^"
Total
Total
ton
ery
and |
j flour fats 1 araacces- i
1
!
tions
i sories

FinSemi- ished
Crude Food- manuTotal ma- stuffs fac- manuterials
factures tures

Millions of dollars
369.5
70.5 43.0 , 43.7
1930: March
„
1931:
235.9 !j 56.4 36.0 i 33.0
March
40.2 22.9 i 28.2
215.1
April
36.5 18.9 , 29.4
May
204.0
29.1 13.5 i 28.7
June. -.
187.1
Julv
28.4
13.5
32.3
180.8
August
9.9 J 28.1
164. 8
25.5
180.2 ; 44.4 23. 5
28.4
September
63.6 39.8
204. 9
October
39.3
68.0 43.6 ! 34.6
November
., ..
193. 5
27.1
December.,
68.3 47.3
184. 1
1932:
49.8 36. 0
January....
... 150.0
23.7
52. 6
Februarv _ .
22.8
153.9
37.3
March
155. 3
50.4 36.5
21.7
Cumulative, January through
March:
1930
1,129.3 242.3 154.3 ', 148.0
92.6 \ 98.0
1931
709 8 162.7
459.2 152.7 109.8 ! 68.1
1932
1

9.1
3.9
57
7. 4
8.8
11.6
7.0
6.7
8.8
8.5
7.6

15.9 i

5.3
5. 1
5.4

6. 1
6. 0
4. T

39. 3
12.0
15.7

48. 2
32.9
16.8

Reexports of foreign merchandise during March, 1932, were 3, 475, 000.




6.8

10. 1 i 10. 7
8.5
6.4
7. 8 : 6. 5 I
7. 1 ' 5. 7 |
6. 8 i 7. 6
6. 4
8. 0
6.3
9. 2 i
7. 1 ! 16.2 1
6.0 ; 11.6 !
7. o
6. 6 j
7. 4 !
7. 0
5. 9
23. 6
30.3
20.3

49. 3

199. 6 j

55. 8 j

37. 6 !

24. 4 i

300.5

101. 7

67.1

62.7

69.0

31.4
31.1
29.9
27.4 i
27.9
23.9 !
21.4 !

20.8 i
20. 7 j

110.3 i
110.6 '
103.4 !i
97. 6
88. 3 1
84. 1
83. 2 :
77. 3 i
67.0 i
64.6 •

29. 3
31.1
26. 6
28. 3
22. 7
20. 4
24. 7
20. 2
15.7
17.7

<
;

18. 6 i
18.0 !
14.2 I
12. 8 i
11. 5 ;
10. 7 i
8. 7 :
S. 5
5.5
7.9

8. 4 i
10.7 '
12. 5 i
7. 2 i
9. 0 i
8. 8 i
7. 2 j
7. 2
8.3 \
5. 9

210. 21
185.7
179.7
173.5
174. o
166.7
170.4
168.7
149.5
153.8

64.6
54.7
54.7
52.4
50.0
47.7
52.9
52.4
47.9
49.9

56.6
51.9
49.6
47.2
47.1
45.4
35.1
36.8
33.0
36.7

39.8
33.4
30.4
29.8
30.0
28.3
30.3
29.0
27.6
25.3

49.2
45.7
45.5
44.2
47.5
45.3
52.0
50.5
41.3
41.1

18.8
18.4 !
18.3

54.5 I
57.2 ;
61.3

11.4
13.8 ;
13.5

6. 8 i
7.4 i
9.3

7.6
7. 0 i
6.3 ;

135.5
131.0
131. 3

38.2
37.4
36.0

38.3
37.8
42.4

26.2
24.1
20. 1

32.5
31.8
32.9

575. 1 : 170. 0
343.4 « 110.7 ;
173.3 i 38.6

97. 5 i
49.3
23.5 i

68. 6
32.8 i
21.0

893. 1
568. 3

309.3
180.3
111.5

190.2
144.5
118.4

189.7
108.2
70.8

203.9
135.3
97.2

21.2 ;

145.2
93.4 i
55.5 i

!
I
;
!
i
!

SURVEY OF CURRENT BUSINESS

May, 1932

11

Transportation
of commodities by the railroads,
DISTRIBUTION
as measured by the seasonally adjusted index of
the Federal Reserve Board, declined slightly below the
February level and was 24 per cent lower than for the
month of March, 1931. Actual loadings, as reported
by the American Railway Association, numbered
2,286,672 cars for the 4-week period of March, which
compares with 2,245,325 and 2,936,928 cars, respectively, for the preceding month and March, 1931.
Increases over February occurred in the loadings of
merchandise in less than car lots, coal and coke, forest
and miscellaneous products.
Surplus freight cars in the hands of railroads on
March 31, totaled 704,747 cars including box, coal, and
miscellaneous types. This was a decline of 6.1 per cent
from December 31, 1931, when the number of idle cars
totaled 750,696, but was larger than a year ago. New
orders for railroad equipment failed to improve during
March. The number of unfilled locomotive orders at
the end of the month numbered 170 which, although
slightly less than at the end of the previous month,
was 33 per cent higher than in March, 1931.
Class I railroads of the United States for the first two
months of 1932 reported net railway operating income
of $33,739,170, which was at the annual rate of return
of 1.08 per cent on their property investment, according to reports of the Bureau of Railway Economics.
For the corresponding period in 1931 the operating

income was $62,054,969 which was a return of 1.98 per
cent on their property investment. Dividends paid by
steam railroads during March totaled $30,500,000, a
reduction of about one-third in comparison with the
same month a year ago. Street railway dividend payments amounted to $4,900,000 in March, or 14 per
cent less than a year ago.
Traffic on inland waterways showed the usual
seasonal increase during March. More tonnage was
moved in government-owned barges on the Mississippi
River during the month than during the corresponding
month last year. Cargo movement on the Monongahela and Allegheny Rivers, reflecting the movement
of coal in the Pittsburgh area, was greater titan in
February, while cargo movement on the Ohio River
between Pittsburgh and Wheeling declined. Cape Cod
traffic amounted to 190,484 tons, moving in both directions during March, as compared, with 163,186 tons
during the same month last year.
Total traffic through the Panama Canal declined
slightly during March and was 20 per cent below the
same month of last year. Clearances of American vessels engaged in foreign trade aggregated a greater
tonnage than during the same month a year ago despite
the decline in traffic. Foreign vessels clearing United
States ports, although also showing a greater tonnage
than during March, 1931, did not reflect the same
relative increase as the American tonnage.

Ad- Unadjusted justed i
0)

o i
H

« fl 1
r -* i
% i e i; a

Monthly
average,
i
1923-1925=100 j

*4

«

*d
d

*»

0>

«5 !
2 ij

«
S

3

8
t9

I

I
G

UD

i

1

Thous. of
dollars

Thousands of cars s

Canals

River

Sault New
c*n<»
Ste.
York V£Jie
Marie State | Cod

Mississippi
(Govt.owned
barges)

Ocean traffic clearances, American
ports

Year and
month

«a !i

Canal and river traffic

Panama Canal traffic,
American vessels,
both directions

«•
5
fl~

F. E. B. Index

Dividend payments,
steam railways

Freight-car loadings

Freight-car surplus

RAIL AND WATER TRAFFIC

Thous. of Thous. of
long tons net tons

Thousands of short tons
1

1930: March
1931:
March
April
May
June
July
August
September
October
November
December
1932:
January
February
March
M o n t h l y average, J a n u a r y
through March:
1930
1931
1932
. I

96

90 i 3,516

80
80
79
77
76
72
69
69
68
69

75
77
79
77
78
76
78
78
70
61

65
62
61

58 j 2,270
59 i: 2,245
58 , 2,287

90 1 4, 498
74 2,881
58! 2,26?

•
!
|
i
!
!!
i
!

2, 937
2,986
3,736
2,992
2,931
3,747
2,908
3,813
2,620
2, 273

i Daily average basis,




92

589

232

36

1, 410

466

47, 600

0

0

<
:
!
I
i
1

79
85
106
75
71
106
96
145
104
87

555
486
611
465
452
617
516
755
507
494

138
130
165
125
106
138
104
123
87
71

23
29
80
119
139
175
121
102
25
15

1,103
1,206
1,496
1,192
1,113
1,413
1,081
1,415
946
753

622
603
616
599
564
574
564
535
659
751

45, 000
36, 800
32. 500
34,000
41, 500
33,500
26,500
36,000
32, 450
28,800

0
922
4,335
6,645
7,611
8,385
7,126
6,248
3,049
293

0
349
457
385
506
425
587
505
510
0

747 :
732 :
749

124 i
137 !
116

88
76
66

483
485
509

73
77
80

12
11
11

742
728
750

742
722
705

42,500
29, 000
30, 500

0
0
0

961
852
743 |

164 :
160
128 1

102
00
77

718
602
492

218
13fi
77

34
22
12

1,301
1,020
740

433
640
723

r.O, 367
48, 033
M, 000

0
0
0

1

1

999
885
899
1,097
876
830
1,069
841
1,081
806
742

156 i
!
!
i
j
i
!
!
i
;

153
151
180
140
220
228
149
193
145
112

!
i
j

J

152

71

1,272

2,116

163
203
217
203
211
186
198
221
210
222

83
82
100
86
104
104
107
105
86
168

910
929
937
828
820
859
884
930
676
774

1,773
2,092
2,526
2,241
2,742
2,734
2,478
- 2,420
2,296
1,729

0 i
0
0

178
168
190

131
113
114

652
628
720

1,781
1,774
2, 056

0
0
0

H)7
188
179

74
76
119

1,176
911
669

2, 039
1,770
1,870

!
!
!
:
!
i
.

i

;

Data for May, August, and October are for 6 weeks other months, 4 weeks.

12

SURVEY OF CURRENT BUSINESS

May, 1932

Construction
contracts awarded during March were
BUILDING
larger in number and value than in February. The
Federal Reserve Board's unadjusted index, based on a
3-month moving average of values, was the highest for
the current year, but during the first quarter fell to
only 25 per cent of the 1923-1925 average. The adjusted index continued to decline. Reports for the
first half of April showed a continuation of the seasonal
expansion in building activity. Awards were at a
daily average rate of $4,475,000, a gain of 7.6 per cent
over the daily average of $4,157,000 in March.
Measurable footage of all types of construction
increased in March for the first time in five months.
The total, however, was less than half the showing for
the same month last year, and approximately onethird the footage reported for contracts let in March,
1930. The value of all construction contract awards
increased 26 per cent over the amount for February,
but was less than one-third the value of contracts let
in March last year. Awards aggegating nearly
$21,000,000 in the Middle Atlantic States, outside of
New York, exceeded those in any other territory,
according to F. W. Dodge Corporation's statistics
covering 37 States.
Residential building contracts for March amounted
to $3,000,000 more than the awards let for public works
and utilities. Value of the latter in the first quarters of

1930 and 1931 was considerably above that reported
for residential building during the same period; in
the current year, however, residential awards for the
quarter were slightly greater in value as compared to
public works and utility contracts. The combined
value of undertakings during the first three months of
the year in both types of construction was well below
the respective showings for the single month of March
a year ago.
Oak flooring shipments advanced 18 per cent over
those for February but the total was only half the
quantity shipped in March, 1931. Shipments of maple
flooring increased for the second consecutive month,
showing a gain of 22 per cent; the monthly average for
the first quarter was 76 per cent of that for the corresponding period a year ago. In spite of an increase of
23 per cent during the month, cement production was
well under that of a year ago. New orders for fabricated structural steel remained close to the February
level. The total for the quarter is slightly more than
one-third the amount reported for the first three
months of 1931.
Construction costs declined further during the
month. Long-term real estate bonds issued during the
three months of this year amounted to less than onefifth the value of those floated in the first quarter
of 1931.

BUILDING MATERIALS, CONSTRUCTION, AND REAL ESTATE
Building contracts awarded

Year and month

F. R. B.
index (3
months
moving
All types of
average construction
of values
unadjusted)

Monthly
average
19231925 = 100
1930: March..
193 I.March
April
May
June
July. .
August
September., _.. .
October
November
December.. .
1932:
January
February
March
Monthly average, January through March:
1930
.
1931
1932




Mil-

M.,

"ir Si

Maple Oak
floorflooring
ing
Residential
building

Public works
and utilities

Shipments
MilThouMil- sands
Millions of lions
of lions
of square
of
square dollars
dollars
feet
feet

Construc- estate
Fabrimartion ket
Cecated
accost, tivityment strucEng. deeds
tural
Frame
Brick
Newssteel
Total
house house Rec. recorded
Production

New
orders

MonthThou- Thou-of First of month, month- ly avsands of sands
erage
ly average 1913 = 100
barrels short
1926=
tons

Tonnance
new
construction

Thousands of
dollars

100

149.8

4,176

36, 863

11,225

237 :

177

181

206.8

70.3

11,350

4,740

151.7 j
133.0
108.9
140.8
116.3
73.0
85.1
82.5
47.4
50.3

3, 095 26, 243
3, 226 28, 155
3, 315 27. 745
3, 778 23, 131
3,447 • 25,691
3, 397 21, 464
3,144 i 19,486
2,703 18,203
2,481 13,907
1,928 12,976

8, 245
11,245
14, 010
14, 118
13, *99
13, 549
12, 092
10, 7G2
8, 161
5, 974

179
285
152
172
160
124
194 !
109
91
98

163
157
160
158

194.5
191.6
189.3
187.2
174.4
171.4
171.4
169.8
169.3
166.2

61.7
62.0
61.3
58.4
61. 1
59.8
60.3
63.2
59.0
64.5

2,015

156
154
156
158
156

170
167
167
166
164
163
161
162
163
161

7, 235
9, 485
3, 425
775
2,100
66, 785
9,125
2,619
3,185

1,000
1,700
0
1,000
600
565
395
500
725
0

300
176
197

24.1
28.3
29.9

1,759 ! 11,673
2,061 ; 11,359
2,495 13,3(JO

5,026
3,971
4,847

48
62
64

156
157
155

161
163
162

162. 5
161. 8
157.2

57.8
58.8

1,075
0
905

240
0
0

1,357
387
224

128.6
108.5
27.4

3, 618 I 31,629
2, 755 22, 140
2,105 12,131

9,295
6,920
4,615

248
165
58 I

178
164
156

182
170
162

207.4
195.2
160.5

73.3
64.8

16, 668
3,375
660

8,430
1,783
80

53.5

456

20.7

101. 5

516

77
82
78
74
68
63
59
52
43 '
30 |

38.0
3-9. 4
38.9
33.7
33.8
30.6
30.1
30.7
20.5
17.2

370
337
306
316
286
233
251
242
151
137

22.1
22.6
21.9
16.9
15. 9
14.1
13.0
15.2
11.0
8.8

100. 9
95.9
88.9
72 7
63. 9
60.2
54.6
60.5
45.3
36.2

522
785
387
1, 117
1, 233
737
353
171
271
280

25
23
26 i

12.6
12.3
16.9

85
89
112

6.9
6. 1
8.5

27.5
24.4
33.2

90 i
68 |
25

41.6
30.3
13.9

366
278
95

16.6
17.0
7.2

81.0
77.7
28.4

102

Thousands of
feet, board
measure

! Long-term
real estate
bonds
t
Real

Building
material
prices

Building materials

!

13

SURVEY OF CURRENT BUSINESS

May, 1932

Agriculture
AN ESTIMATE of the number of sheep in the
-^** United States on January 1, 1932, showed an increase of 2 per cent over the preceding year. Reports
from the Department of Agriculture, however, indicate subnormal pasture and sheep conditions that will
tend to reduce the yield of wool per head.
Southern hemisphere wool stocks are larger than a
year ago, but did not reach an unusual total. No
withdrawal against this source has been forthcoming
from the United States where domestic supplies have
been sufficient to meet most of the demand. Continental European stocks, imports, and mill activity are
relatively low, while wool consumption in the United
Kingdom has been stimulated by import duties on
finished goods.
Domestic supplies of wheat were reduced by 8 per
cent during the first three months of the current year.
A greater reduction in the existing surplus was hindered by heavy shipments from the southern hemisphere. Australia and Argentina disposed of more than
100,000,000 bushels to foreign markets during January and February, which represented more than half
of the world's exports for that period. Canada also
made substantial shipments with lesser amounts leaving Russia and the Danube Basin. According to the
Department of Agriculture, shipments from the United
States have been limited by prices, which in most cases
are above an export basis, but reports of smaller supplies in Canada and Australia make the outlook for

export shipments more promising. In addition agricultural representatives abroad report a relaxation of
milling restrictions in European countries indicating
that diminishing supplies of native wheat will further
increase the foreign demand.
Exports of cotton during the first quarter of the
current year were greater than in any comparable
period since 1927. The Far East continues to be the
largest receiver but the European market has also increased its purchases during the current year. Exports
to Europe in the first three months amounted to
1,338,592 bales compared with 934,696 bales shipped
in the same period in 1931. Cotton stocks in the
United States have declined continuously since November and the total holdings on April 1 were 15 per cent
below the amount on hand December 1 of last
year.
Planted and intended acreage of early crop potatoes
were sharply reduced this season. Partial reports received the first week in March from early potato growers indicate a decrease of 26 per cent below last year
in acreage of early crop potatoes grown for shipment
to market. The actual number of acres harvested in
1931 totaled 102,500 while estimated planting for this
year amounted to only 75,700.
Sugar production in Cuba for the 1931-32 season
has been officially fixed at 3,024,000 short tons, according to the decree of March 26, 1931. For the 1930-31
season the designated total was 3,495,000 short tons.

INDEXES OF AGRICULTURAL MARKETING AND STOCKS
Indexes of marketing
Animal products

Indexes of stocks , end of
month

Crops
;

Year~and month

Combined
index

Wool

Livestock

Poultry Dairy
and eggs products

Fish

Com-

bined
index

Grains

Vegetables

Fruits

Wheat,
visible Meats,
supply,
coldUnited storage
States

Cotton

Cotton,
United
States

Monthly average, 1923-1925=100
1930: March
1931:
March
April .
. _ -_
May . _
June
July
August
September
October ._
November
December
1932:
January
February
March
...
M o n t h l y average,
January through
March:
1930
1931
1932 .




97.6

42.4

81.0

117.4

99.6

186.8

57.2

61.8

102.8

53.0

43.7

261.0

108.3

158.4

94.0
101.2
106.7
118.0
105.2
94.3
91.5
96.6
97.5
97.2

61.9
78.2
197.1
405.4
57312
259.6
125.1
49.5
46.5
40.3

79.6
82.6
80.2
77.9
72.6
82.5
88.3
104.2
96.2
89.9

121.8
137.0
125.6
115.6
88.6
88.0
88.4
75.4
117.2
136.6

102.9
113.1
130.9
156.6
123.6
96.3
90.5
92.6
94.9
99.7

169.4
174.3
138.5
144.5
161.2
189.3
160.1
140.5
117.2
79.7

64.6
53.3
62.2
55.3
103.0
83.4
119.3
219.2
159.2
96.4

80.0
63.9
69.0
68.6
182.9
128.7
79.8
84.0
65.9
41.7

104.3
93.3
135.6
165.8
103.4
64.1
103.2
131.9
79.1
70.5

75.1
70.6
102.2
88.8
139.3
154.6
129.2
191.1
96.8
62.9

39.1
30.2
28.7
9.3
22.6
29.2
152.1
366.7
276.7
159.6

352.7
339.8
336.4

324. 7
370. 4
413. 5
407. 7
391.9
375. 5

111.8
114.8
110.8
105.8
98.7
83.3
66.6
52.8
54.6
76.8

216.4
196.9
179.5
162.3
146.8
140.1
188.1
281.0
322.8
320.7

91.5
87.3
87.2

37.1
38.7
28.3

89.3
79.2
73.2

77.8
78.4
92.0

103.2
103. 6
105.9

88.7
114. 4
147.8

88.6
73.6
65.9

46.0
62.5
40.0

82.3
86.1
111.2

67.7
74.5
69.2

133.2 j
80.3
77.3 i

360. 8
357. 9
344. 6

91.4
108.0
105.8

310.4
296.4
274.8

92.0
91.4
88.7

43.1
46.0
34.7

86.6
85.2
80.6

97.1
103. 6
82.7

92.7
96.9
104.2

158.9
130.0
117.0

65.2
68.8
76.0

74.1
81.9
49.5

94.9
97.8
93.2

53.6
71.1
70.5

53.4
49.9 i
96.9

273.9
344. 1

107.8
108.6
101.7

176.0
235.5
293.9

393.4

i

354.4

14

SURVEY OF CURRENT BUSINESS

May, 1932

Iron and Steel
ACCORDING to the Federal Reserve Board's
•£*• adjusted index of production in the iron and steel
industry, total output for the month declined 17 per
cent from the showing from February and was less
than half the amount reported for March a year ago.
The adjusted index of employment receded to a new
low for the depression; the average for the three
months of this year was 19 per cent below that for
the first quarter in 1931. Pay rolls, according to the
unadjusted index, were half the amount reported in
March last year. The United States Corporation
reported the lowest tonnage of unfilled orders on
record at the end of any month. The industry remains
hopeful, however, that such potential factors as
increased automobile production, gains in structural
steel undertakings, and larger orders for rails will
bring about a belated seasonal expansion of activity.
Daily average output of pig iron, which dropped
6.2 per cent from the average rate in February, was
the lowest since August, 1921. The two additional
days in March brought the production for the month
slightly above the total for February. First quarter
production was a little over half the quantity produced in the same period of 1931, and one-third the
output during those months in 1930.
The average daily production of steel ingots declined
to the lowest point of the depression, with the exception of December, 1931. For the first three months,

normally the largest production quarter of the year,
output dropped 3.7 per cent from that reported for
the last quarter of 1931, and was little more than
half the showing for the first quarter of last year.
Iron and steel exports increased 25 per cent over
shipments in February, but the total for the quarter
fell under half the quantity exported during the first
three months of 1931. Imports likewise increased
over the amount reported in the previous month, and
for the quarter they measured 90 per cent of all
incoming iron and steel during the similar period of
1931. The quantity of manganese ore imports continued negligible.
Although a slight increase in tonnage of fabricated
structural steel orders occurred during March, the
total for the entire quarter was under the volume
reported for the month of March last year. Shipments
of structural steel during the quarter declined more
than 50 per cent as compared to the same quarter of
last year.
The movement in the industry toward price stabilization was a contributing factor in the arrest of
the downward trend which has characterized most
iron and steel quotations during recent months.
Prices for steel billets maintained the February level,
while slight increases were reported for the iron and
steel composite, structural steel beams, and the
composite for finished steel.

IRON AND STEEL STATISTICS
"
Fabricated
Steel ingots structural
steel

Iron and !
steel

General operations

Pigiron
protlii ction

i
Rate of
Em- Pay
Produc- operations,
tion,
ploy- rolls £x- ImF. R.B. electric
energy ment
ad- unad- ports ports
(adconjusted)' sump- justed 1 justed
tion

Year and
month

i
i

" ~

States !»*,„,.,
Steel ijjjjjg;

;

average,

1923-1925 = 100

j
;

[
i

Steel

Per
8
Iron and) Struc- 1 CornPro- cent New Ship- infiSed ^e"! " billets,
Bessesteel | tural I posite
duc- ofca-i or- ments
mer
compos-] steel | finished
tion pac- i ders
month

ity

(Pittsburgh)

:

i
Monthly

Prices
United

Thousands of long tons

Per !
cent

Thousands
of short
tons

i

ite

beams

1

i
|
;
\ Th°USatn0dnSs °f 10Dg 1 Dolls, per long ton |

steel

i
Do

^u^100

!

1

1930: March

!

109

136. 8

91.6

97.1 \

238

75
70

76.6
76.5
74.8
72.6
72.1
70.3
67.4
66.2
65.3
65.4

70.0
69.1
64.9 ;
57.6 i
52.4
50.6
45.2
43.9 '
41.2
41.0

109
101
95
76
84
73
70
50
60
57

1931:
March
April.
June
.
July
August , - . - September
October
__|
November
December

60
58
50
45
45
51
42

119.4
108.1
106. 8
86.6
83.1
78.0
78. ?
76.3
77.0
70.0

January
February.
March
Monthly average, !
January through
March:

43
41
34

77.6
78.2
69.0

M. 0
(}']. 4
00. 9

36. 3
37.2

:>5. 4

40
50

ill
73

95. 2
113. 1
74.9

\'2 7
76, 7
63.4

95. 2
66. 6
36.3

220
97
44

May

66

1932:

1930
1931 ._
1932

..

SO


Vdjusted for seasonal


variation.

a

:

•
i

;

!
j
i
i

!

i

49

3,246

4,254

82

237

265

4,571 |

33
41
30
31
28
22
25
23
23
18

2,032 i 2,994
2,020 2,722
1,994 1 2,506
1,639 1 2,076
1,463 j 1,886
1,281
1,719
1,169
1,548
1,173
1, 592
1,103
1,594
980 1,302

54
49
45
38

179
285
152
172
160
124
194
109
91
98

149
159
145 i
159
181
168
149
144
112
123

3.995
3,898
3,620
3,479
3.405

48
62
S>4

66
78
82

2,648
2,546
2,472

218
165
58

258
158
75

4,507
4,031
2,555

25

973

20
35

9f'4
8(J7

j

1

1,461
1,4(0
1,411

10 II 2.971 i 4,022
30
1,818 ! 2, 652 i
27
968 1,444

34
31
28 ,l

28

30
24 ,
27
2^
25

1
79 !
49
27

i

!
!
!
i
!

3.169 i

3,145 !
3, 119
2,934 !
2.735 i
;

30

33.00

35.01 |

1.80

2.43

2
33
21
37 |l
38 !

30.00
30.00
29. 50
29.00
29.00

27
21
9
8

29.00
29.00
29.00
28.80

31. 66
31.61
31. 39
31. 02
31.05
31.05
31.03
30. 81
30.61
30. 32

1. 65
1.65
1. 65
1. 65
1.65
1.60
1.60
1. 60
1.60
1. 60

2. 23
2.22
2 21
2. 19
2.20
2.19
2.20
2. 18
2.18
2. 16

17 !
3
2

27. 75
27.00
27.00

29. 98
29.56 j
29.62

1. 51
1.53
1.56

2. 11
2.11
2.17

30 !
10
11

33. 33
30. 00
27,25

35.30
31. 67 i
29.72 i

1.83
1. 64
1.53

2.44
2. 22
2.13

22

29.00

i

i
i
i
;
i

15

SURVEY OF CURRENT BUSINESS

May, 1932

Chemical Industries
in the chemical industry failed to
EMPLOYMENT
expand in March as is usual at this season and the
adjusted index of the Federal Reserve Board declined
2 per cent below February. Present employment is 13
per cent less than a year ago and about one-fourth less
than two years ago. Pay rolls declined again after the
slight gain in February, being 23 per cent less than a
year ago and 38 per cent less than in March, 1930.
Stocks of three chemical and oil raw materials
declined seasonally in March and while slightly greater
than a year ago, were less than in the same month in
1930. Crude petroleum stocks reached the lowest
point since 1927, after a steady decline beginning in
the fall of 1930. Cottonseed stocks are exceptionally
high, being three times the quantity in storage in
March a year ago and twice the quantity available two
years ago, while flaxseed stocks are the lowest on
record for this month since 1924.
Stocks of chemical and oil manufactured goods in
March were the highest recorded since the index has
been compiled. Seasonal increases took place in ethyl
alcohol and gasoline, while the usual seasonal decline
in cottonseed oil failed to appear. Supplies of kerosene
and explosives, however, were the lowest in many
years.
Wood rosin production picked up in March. Output
in the first quarter, however, was about one-fourth less

than in this period a year ago and was only about onehalf of the total of two years ago. Receipt of gum
rosin at three southern ports have increased slightly
during the past three months, while the large stocks
on hand have shown the usual seasonal decrease in
this period.
Wood turpentine production also increased in
March, while stocks at plants decreased seasonally.
First quarter stocks were the lowest on hand in this
period since 1926. Gum turpentine receipts at three
ports in the first quarter were the lowest since 1926,
while stocks on hand were greater than a year
. ago, hut about one-half of stocks at this time in
1930.
By-product coke production has been steady during
the first three months of this year at a level about onethird under this period in 1931 and about one-half of
the rate of output two years ago.
Fertilizer consumption in Southern States was up
seasonally in March, but was only one-half that of a
year ago and one-third of the consumption of two years
ago. Imports of potash salt increased seasonally also,
but to an amount only two-thirds of the trade a year
ago. Imports of nitrate of soda were almost nil in
March, amounting to but 54 long tons, the smallest
total on record, while imports in this month a year
ago amounted to over 120,000 long tons.

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

j
j

e*Aoks
stocks

Explo- ! Rosin,
sives
wood

Pay
Raw
Ad- Unad- rolls, i'"flST'i
*<**'
i ma.
justed justed unadjusted
jESSl*—
4-1 1 KIWI

'

1930: March
107.5
1931:
89.8
March
91.7
April
May
93.0
89.6
June
89.4
July
86.6
August _
_September
85.7
85.4
October
83.1
November-,
._
December
81.9
1932:
January.. 81.9
80.2
February
March...
78.6
Monthly average, January through
March:
1930
1931
i
1932
..

112.5

Tur- Super- ByAr- Ferti- Potash Nitrate
pen- phos- prod- senic,
tine, phates uct refined lizer salts of soda
wood
coke
Consumption

Imjj orts

Thous.
Short of
short
tons
tons

Long tons

Production

I*l<t —

Monthly average, 1923-1925 = 100




Ethyl
alcohol

! Thous.
i of gals.

Thous. !
oflbs. !

T,

,

Barrels

Thous. of short
to us

104.3

10, 151

30.221

44,964

8,129

343

4,361

864

1,867

92, 208

96. 5
91. 5
88.4
87.9
86.7
85.3
99. 5
120. 7
133.9
124. 6

11, 929
11, 162
13, 120
13,111
11, 975
12, 363
12, 952
16, 037
14,084
14, 002

25,414
27,647
26,960
25,981
25,068
24,548
26,598
25, 282
24,509
18,595

!
|
}
i
1
!
j
i
;

33,544
35,585
33,593
34,747
28,495
17,074
25,058
26, 102
21,440
23,242

5,740
6,344
5,996
5,675
4,370
2,607
3,797
3,922
3, 547
3,733

226
195
162
146
143
162
142
141
143
188

3,256
3,146
3,126
2, 715
2,569
2,443
2,310
2,389
2,276
2,234

1, 506
964
1,044
1,024
997
1,238
1,252
1,180
1,126
1,172

1,353
1,132
195
74
25
40
91
94
66
67

60,394 120, 164
30, 206 67,008
17, 706 34,006
14, 650 29, 711
67, 958 18,809
65, 043 35, 367
66, 440 48,590
50, 071 33, 968
12, 872 29, 871
11,998 17, 029

148.0 > 115.9
155.0 i 107.2
156.4
100.0

13, 224
10, 340

18,175 '
18,064 ;

23,196
20,006
26, 187

3, 626
3,121
4 329

187
177

2, 101
1,996
2, 089

857
841

172
365
644

12, 245
35, 729
41,834

34, 137
8,404
54

139.1 : 111.2
130. 5 \ 102. 5
153.1 107.7

10, 893
10, 886

31,817 !
27,242 i

41,844
30,121
2X ISO

7, 706
5, 377
3,692

388
251

4,168
3,082
2,082

805
1,495

1,156
768
394

94. 532
45, 293
29, 936

93,926
78, 158
14, 198

111.6 ! 140.9

93.3
96.7
91.4
86.7
86.2
84.4
86.0
85.7
83.5
82.0

89.8
92.0
88.4
84.1
82.9
80.4
80.8
80.8
76.4
75.0

! 132. 0
129. 0
129.3
: 124.1
I 119.2
! 117.4
120. 4
: 127. 0
131.9
j 126. 9

81.7
81.1
81.1

71.4
72.1
69.4

1

111.1
95.0
81.3

110.3
91.0
71.0

!
!
i
i
l
I
i
;
1

i

106, 521

16

SURVEY OF CURRENT BUSINESS

May, 1932

Automobiles and Rubber
schedules in the automobile indusPRODUCTION
try were irregular during March with slightly increased activity during the first and last weeks and
declines during the intervening period. Total output
was slightly higher than in February and was approximately equal to the January figure, but the increase
was considerably below the usual expansion at this
season. The increase was confined to passenger vehicles, as truck output decreased 16 per cent from the
production total of February. The Federal Reserve
Board's seasonally adjusted index of production declined 20 per cent during March from the February
level. Canadian production increased for the fourth
successive month and the total output for March was
52 per cent above that recorded for February.
Exports of passenger cars continued the expansion
of February, and foreign shipments of trucks also
recorded a gain. Movements of the latter increased
by 51 per cent while passenger-car exports were 12 per
cent above the preceding month. Average exports
for the first quarter were considerably below a year ago.
Automobile registration figures for 1931, recently
released by the Bureau of Public Roads, show a total
registration of 25,814,103 motor vehicles. These
figures are based on paid license fees and do not include
172,250 official vehicles which are tax exempt. The

total registration for 1930 amounted to 26,545,281, indicating a decrease in 1931 of 2.8 per cent. Truck
registration in 1931 also decreased slightly with
3,466,303 vehicles as compared with 3,486,019 in 1930.
Consumption of rubber in the United States during
March totaled 25,602 tons compared with 27,611 tons
in February. The March consumption was extremely
low for that month, and this is the first year on record
that an increase over February has not taken place.
There was also a sharp decline in the production of
pneumatic tires, but despite this contraction, manufacturers' inventories increased during the month by
about 10 per cent.
Imports of crude rubber during March were higher
than in February or in March a year ago with the
result that the decline for the first quarter in comparison with last year was reduced to 4 per cent. Failure
of the restriction plans was reflected in another increase
in crude rubber stocks at the end of March. Such
stocks are currently 29 per cent in excess of a year ago.
Renewal tire sales for the first quarter of the current
year totaled approximately 33,000,000, whereas the
total for the first quarter of 1931 was 39,000,000.
Inventory of manufacturer's stocks of casings on
March 31 showed holdings of 8,030,000 compared with
6,220,000 on December 31 of last year.

AUTOMOBILE AND RUBBER STATISTICS
!

Automobile production

Year and month

1932




..

Automobile
exports

Automobile
financing

Automobile
United States
Canada
acces1
By
F.R.B.
sories wholeBy
shipindex,
conPasTotal PassenTrucks ments
sale
ger
cars
adsumTaxi- Trucks
prodealjusted Total seners
duccabs
ger
ers
tion
cars
Monthly averages,
19231925=
100

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

!

Thousands

January,
1925=
100

Number

Millions of
dollars

Pneumatic
tires

Production

Crude rubber

Domestic
shipments

World
Im- stocks,
ports end of
month

Thousands

Long tons

98

397

330

1,421

65, 466

20,730

22, 129

8,961

67

78

124

3,891

3, 587

45, 254

377, 878

67
77
78
65
60
52
40
26
36
66

276
337
317
251
218
187
141
80
69
122

231
286
271
210
184
155
109
58
48
97

410
665
340
360
180
104
141
651
999
1,144

45, 161 1 12, 993
17, 159
50, 022
45, 688 ! 12,738
40, 244 : 6, 835
34,317
4, 220
4, 544
31, 772
2, 646
31,338
1,440
21, 727
1, 247
19, 683
2, 432
23, 644

11, 526
11, 228
8,468
5,843
6,478
5,699
4,577
3,207
1,928
5,753

6,002
5,499
4,498
4,340
3,518
2,356
4,171
4,500
1,184
3,333

65
66
61
61
57
66
66
80
73
66

63
71
73
58
49
44
36
26
16
29

92
113
109
105
96
80
68
61
49
50

3,730
3, 955
4,543
4,538
3,941
3,125
2,538
2,379
2,001
2,115

3,143
3,804
4,197
4,320
4,244
3,845
3,034
2,185
2,223
2,171

40, 788
44, 908
35, 844
46, 939
44, 052
39, 033
38, 933
41,398
45, 103
53, 818

487, 716
487, 696
497, 707
496, 238
509, 139
511,754
519, 846
539, 907
566, 429
586, 072

45
35
28 I

119
117
119

99
94
99

97
25
74

20, 541
23, 308
19, 560

3, 731

4,474
4,930
5,541

2, 515
2,113
3,183

57

35
33

45
45

2,770
3,097

2,545
1,973

33, 552
28, 298
45, 588

611,827
616,722
630, 290

99
66
36

333
223
118

280
183
97

1,080
484
65

51, 757
39, 404
21,136

15, 555

18, 718
9, 672
4, 882

9.529
4,908
2,604

71
55

64
51

94
73

3,708
3,286

3,362
2,859

45, 385 363, 009
37, 253 473, 160
35,813 619,613

5,477
8,318

9,787

5, 842

!

i

17

SURVEY OF CURRENT BUSINESS

May, 1932

Textile Industry
showing general improvement for the first
A<TER
two months of the year, the textile industry
marked time during March. Decreases in activity
and output occurred in several branches of the industry but, on the whole, these appear to be healthy
reactions.
Very little change occurred in the consumption
of raw cotton per working day, the average in March
being 18,100 running bales as compared with 18,200
bales in February. Cotton spindle activity decreased
2.6 per cent from the relative high rate of activity in
February, but for the month as a whole spindles were
operated at 90 per cent of capacity on a single shift
basis. Weekly production of 300 classifications of
carded cotton cloths averaged 57,050,000 yards in
March, 6.6 per cent less than the February weekly
output. A decrease of 18 per cent in weekly shipments
of these goods more than offset the decline in production
and as a result stocks on March 31 totaled 259,231,000
yards, an increase of 8 per cent over those at the end
of February. The volume of sales declined appreciably, the weekly average being 33,170,000 yards in
March as compared with 61,396,000 yards in the
preceding month. Unfilled orders at the end of March
were equivalent to about five weeks* production, at

the March rate of activity. Wholesale prices of cotton
goods showed very little change from February to
March. Of the 35 products included in the index,
20 did not change at all. Prices of sheetings, shirtings,
and muslin advanced, while tire fabrics declined.
Wool consumption decreased 14 per cent from
February to March, in the latter month totaling
28,097,000 pounds. The sharpest decrease, amounting to 23 per cent, occurred in the Boston district.
Machine activity declined in March as compared with
the preceding month in most branches of the woolen
industry. On a single shift basis, woolen and worsted
spindle activity decreased 22 and 28 per cent respectively. The activity of combs decreased 33 per cent,
and that of wide looms 21 per cent. Carpet and rug
loom activity was about the same in March as in
February, and that of narrow loom was 17 per cent
greater. Wholesale prices of woolen and worsted
goods were fairly steady, declining only fractionally
from February to March.
Raw silk deliveries to American mills increased
about 2 per cent from February to March. Further
declines were shown in wholesale prices of silk and
rayon which in March averaged 8.2 per cent lower
than in February and two™thirds lower than in 1926.

03

Spinning
spindles

Hii
s** *+*
04

B
Deliveries to mills |

SSS

!*J
£«w
*t « ?

Worsted

Av
Vi~

a

Receipts, at Boston, total

Wholesale price,
Fairchild composite

i_
ftjg
*—' 5

Unfilled
orders,
end of
month

o^g^
£. cl g*
w0 9

Production i

Stocks, mills and
wa r e h o u s e s ,
end of month

Bales

83

w®
•o
c
'ft
00

Cotton textiles (23 groups of
textile constructions)

Silk
and
rayon
1
&
aj
"«9
%

•3
a

£

i
1

Mill consumption

Production F. R.
index, adjusted

Year and month

£,

5

Wool manufactures

Wool

Woolen

Cotton manufactures

Cotton, raw

_ L J*

B.

TEXTILE STATISTICS

Monthly average,
19231925=
100
1930: March
.1931:
March
April
May
.- _
_
June
July
.
- August-.
_
September
October
__
November
December
1932:
January
February
March
Monthly
average,
January
through March:
1930
1931
1932
... - -1

3

Millions of
spindle
hours

7,344

507, 646

97
96
97
96
100
99
100
93
89
88

490, 509
508, 691
465, 363
453, 901
450, 884
425, 819
463, 704
462, 025
428, 870
415, 517

8,136
7,000 271, 638
7, 404 ! 7, 125 225, 955
6,748 ! 6, 733 225, 392
6, 102
6,630 260, 163
5, 520
6,528 192, 545
6,193 209, 050
5, 266
6,540 272, 118
7,072
6, 595 227, 116
10, 566
6, 014 231, 446
12, 137
5,951 254, 692
12, 056

89
86
83

435, 337
450, 018
488, (-55

11, 669
11,144
10,333

6,214
6, 507
6,955

101
93
80

526, 067
458, 001
458, 003

6,017
8, 852
11,049

5,956

Monthi ly av- Thou- Dolerage, sands oi lars per
1911i 1913= pounds pound
100

Thousam Is of yard s

99

Months do not contain same number of weeks.

115352—32



1

261, 403

265, 675

Per cent of active hours to
total reported

!

Bales

Monthly average,
1926=
100

387, 463

140

14, 986

.77

58

50

50, 863

74.2

317, 185 273, 781
217, 582 282, 154
205, 603 301, 943
273, 871 288, 235
211,331 269, 449
227, 644 250, 855
278, 049 244, 924
216, 207 255, 833
213, 889 273, 390
237, 834 290, 248

373, 951 1
294,118
248, 544
330, 575
277, 597
217, 508 !
227, 167
344, 639
354, 957
322, 039

121
119
115
112
111
100
95
91
87 !
85 i

13, 279
17, 775
30, 341
56, 743
79, 381
36, 850
18, 707
9,628
7,026
7,577

.66
.65
.63 !
.62 !
.62
.63 i
.62
.58
.58 j
.58 j

57
55
60
61
64
66
63
53
46
39

57
57
66
73
83
78
70
49
51
49 |

55, 383
41,356
45, 073
42, 161
44, 746
46, 454
53,819
56, 668
50,645
48, 432

45.8
43.4
41.4
41. 9
43.8
43.7
43. 5
41.7
41.8
39.0

232, 707
244, 342
285,252

268, 899
258, 744
265, 675

254, 056
239, 654
259, 231

391, 150
377, 988
278,163

85
86
86

11,235
8,127
5,794

.58 I
.57 i
.52 1

52
58

53 \ 58, 793
51 45, 909
40, 761

37.7
36.5
33. 5

7, 5 :• ( 283, 846
6, 4 J ( 228, 652
6,579 254, 100

290, 566
258,712
264,439

446, 266
316, 208
250, 980

379, 974
362, 406
349, 100

147
120
86

14, 327
12, 448
8, 385

.79
.67
.56

60
57

55
54

69.9
46.5
35.9

440, 853

i

52, 799
55, 178
50,488

18

SURVEY OF CURRENT BUSINESS

May, 1932

Food Industries
of food products declined during
PROCESSING
March continuing the contraction of the first two
months of the year. The adjusted index of production reached its lowest point since last June. Employment in the industry has followed the same general
trend as production, and the adjusted index of the
Federal Reserve Board shows a reduction of 8 per cent
in comparison with a year ago. Wholesale prices of
food products declined fractionally during March, but
the loss was the smallest for any month since the
decline was resumed after a temporary rise in midsummer of 1931. March level of prices was 20 per
cent below a year ago, or about the same relative decline as for the first quarter.
Among the fruit and vegetable crops, apples are
currently in a strong position marketwise. A good
demand through the late winter months reduced the
cold-storage holdings on March 1 to an equivalent of
5,409,000 barrels, or only 4 per cent above the total
a year ago. Boxed apples on hand were 23 per cent
smaller than the amount held in March, 1931. California oranges moved at a rate of about 200 cars a
day duringearly March, but the shipments were still

approximately one-third under last season. Florida
movements decreased to about 100 cars a day, and a
decline in shipments was also reported from Texas.
Car-lot shipments of tomatoes were curtailed by
freezing weather early in March, particularly from
the Rio Grande Valley, where major movements will
not be reached until late April or early May. During
the third week of March the Florida output showed a
daily average of 60 cars, while imports from Mexico
and Cuba increased to 50 cars per day. Imports this
season have declined sharply, but the Florida forwardings for the early portion of the crop have increased by approximately 50 per cent.
Receipts of eggs at the five principal markets were
30 per cent smaller during March than for the corresponding month a year ago. This decline served
as a steadying influence in the market, although prices
continued downward. Poultry stocks of all varieties
amounted to 74,513,000 pounds on April 1, approximately 4,500,000 pounds more than stocks on hand
on April 1, 1931. This represents a decline of 23
per cent from the total holdings of March 1 of the
current year.

Tear and month

if
I?

1*
S3
k>tt

I
•2

03

^f

Monthly
average,
1923-1925=100

1
A

£

!§
si
3g

I

t£c«

!i

Mft «

a *-s
*ag
300

t*

Is
s
I £il £
.2pg
>
I
wS




*rfg

jl

>»

s|

fiS«
•5«-o

cc
fl
a>T3 *
~£o

Hi

43

ft^
ft
*
3-3

2oQ
°1

-1
%M
>

tt

^

Monthly
average,
1923-1925=100

p,
"a

90

96.9

94.3

56.7

97.6

87
95
89
83
87
88
93
92
91
98

89.9
90.6
90.8
88.7
88.1
88.1
87.5
85.5
85.9
86.3

77.6
76.3
73.8
73.3
74.0
74.6
73.7
73.3
71.0
69.1

64.6
53.1
62.0
55.2
103.0
83.4
119.3
219.2
159.2
96.4

94.0
101.2
106.7
118.0
105.2
94.3
91.5
96.6
97.5
97.2

94
90
84

85.3
83.7
83.1

64.7
62. 5
62.3

88.6
73. 6
65.7

93 i
91
89

97.7
90.5
84.0

95.8
78.8
63.2

64.9
68.6
75.9

77

Millions of
bushels

V)£l
S-l CO

Millions of bushels

!ii!
it

%
t
£

1

£

~3
o
ft

|£s
2fl
1 ~ass

fefi

£

g.a
o

co ,13
%%
~£1
0
ft

i

1*
»fl
4g «

'3

oa

S-i

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

11

1
«
°%

>J2
«-g

a
-3

Animal products

Thousands

"o

Cofifee imports

fl
Q

Corn

Wheat

Total raw sugar imports

F.IL B.

Crop marketings

Food products industry

Animal products, marketings

FOODSTUFFS STATISTICS

*0

si 11
£bo If

-2 ^

~ Pi

§

3p

0^0

§

r§

21

25

.80

1,547

3,294

1,038

390

1, 134

.71
.75
.76
.67
.47
.51 !
.56
.58
.69
.60

19
17
11
13
16
11

22
20
12

14
12
11

1,535
1,617
1,551
1,539
1, 488
1,821
1,797
2,137
1,866
1,453

3,207
3,OS7
2,938
2,854

8
6
7
10
13

.60
.58
.56
.58
.57
.46
.42
.38
.43
.37

2,511
2,454
2,727
3,462
3, 752
4,210

1,072
1,100
1,062
1,014
946
798
638
506
523
738

515
415
313
382
473
532
330
269
189
218

1,407
1,126
1,415
1,037
1,100
884
794
907
936
1,203

8
8
8

.61
.59
.58

10
14
11

15
19
23

.37
.34
.33

1,376
1, 281
1,377

4,218
3, 659
2,939

876
1,035
1, 914

289
437
515

1,220
1, 149
1,220

10
5
8

1.14
.71
.59

27
20
12

22
20
19

.82
.62
.35

1. 504
1,449
1,345

3,932

1,033
1,041
975

322
361
414

1, 133
1,263
1,196

153

7

31
21
31
30
104
61
39
33
26
14

207
200
198
191
218
243
239
231
230
221

5
7
10
12
17
12
12
15
13
12

91.5
87. 3
88.6

17
25
13

212
210
202

92. C
91.4
89.1

38
30
18

161
202
208

1.04

0

3, 854
3,605

19

SURVEY OF CURRENT BUSINESS

May, 1932

Forest Products
production recovered somewhat in March
EMBER
from the low point reached in the previous month.
Output was still at a low level, however, being reported
by the National Lumber Manufacturers' Association
as 25 per cent of normal during the first 15 weeks of the
year. New orders were still in excess of production
but not by so wide a margin as in the previous month.
During the week ending April 16, new orders exceeded
production by 11 per cent, while during the first 15
weeks of the year there was an average excess of 36 per
cent. Mill stocks have continued to decline but are
still high.
Employment, adjusted for seasonal movement, declined further to a new low" point in March. Present
employment in the industry is three-fourths of the
level in March a year ago and 54 per cent of two years
ago. Pay rolls also declined to a new low point in
March, and are at present 47 per cent less than in this
month a year ago and 67 per cent less than two years
ago.
Alarch marketings of forest products showed a
seasonal increase, the movement in the first quarter
having been only 8 per cent less than a j^ear ago. The
marketings of naval stores also increased, but fell
considerably short of the normal seasonal rise at this

time. There was a decline of about 22 per cent in the
first quarter this year as compared with a year ago.
The normal seasonal increase took place in southernpine production, and to a lesser extent in new and
unfilled orders. As compared with a year ago, firstquarter production was off about 44 per cent, while new
orders were less by 35 per cent and unfilled orders
showed a decline of 38 per cent. Stocks on hand in
mid April were 22 per cent less than a year ago, and
were less than 10 per cent over the industry's budgeted
stocks as compared with an excess of almost 40 per
cent a year ago.
A counterseasonal decline in Douglas fir production
took place in March, while new orders failed to pick up
materially and unfilled orders declined. Output in the
first quarter of this year was about 40 per cent less than
in this period last year and 60 per cent less than two
years ago. New and unfilled orders have shown
about the same declines in the corresponding periods.
Gar loadings of forest products increased slightly
but less than usual in March as compared with the
short month of February. Car loadings are at record
low levels for this time of year, being for the first
quarter 43 per cent less than in this period last year
and two-thirds less than two years ago.

FOREST PRODUCTS STATISTICS
General operations

Year and month

Indexes of
marketing

Lumber
Em- Pay Total
pro- ployroll, forest Naval
duc- ment,
tion
unad- prod- stores
ad- justed
ad- justed
ucts
justed
F.R.B.

Southern pine

Production

UnNew filled
orders orders

Monthly average 1923-1925= 100
1930: March
1931:

March
A pril

_ _.

May

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

Production

Hardwoods

UnNew filled
orders orders

Production

Car
loadings,
Un- forest
prodNew filled
orders orders
ucts

Furniture,
unfilled
orders,
southeastern
district

Thou- Dollars
sands of per
firm
cars

Millions of feet, board measure

82

76.8

74.6

73.0

41.1

275

239

193

329

290

217 j

270

203

641

232

62, 923

48
47
48
47
42
38
36
33
27
27

55.7
55.4
55.4
54.4
52.0
51.1
49.4
48.4
47.4
45.4

46.2
44.9
45.7
44.6
41.7
41.3
40 3
38.2
34.4
31.2

59.3
63.6
66.7
67.2
64.6
64.3
67.5
63.1
56.7
53.3

39.7
98.3
136.5
189.9
186. 7
141.5
111.9
114.0
97.2
90.4

165
165
148
127
122
120
117
117
111
78

174
169
158
140
147
151
138
135
111
73

121
104
84
83
83
83
74
58
62
51

186
202
207
200
149
172
155
150
116
103

217
224
189
191
181
188
159
151
136
115

197
216
136
163
166
111
125
81
105
86

165
146
H6
143
109
101
105
105
105
86

173
154
158
176
139
131
131
131
131
105

473
463
431
419
402 i
375
387
374
370
367

138
130
165
125
106
138
104
123
87
71

29,798
28, 248
19,338
56, 865
47, 997
47,706
42, 180
22,100
16, 286
14, 469

27
23
27

43.9
43.3
41.2

26.6
25.9
24.5

49.5
50.3
54.5

26.1
24.1
29.6

80
89
104

106
119
127

61
74
77

99
116
103

126
112
114

114
111
101

68
83

120
105

356
3! 5

73

24, 278

78
46
26

77.9
56. 1
42.8

73.3
45.3

67.6
56.1

38.7
34.1
26.6

257
161
91

246
179
117

195
115 1
71

2fi8
175
105)

2f>2
199
117

267
187
109

259
155

*i

,t«

Data for May, August, October, and December contain 5 weeks; other months, 4 weeks.




Douglas fir 1

32, 249
i

177

(7.0

470

80
231
136
77

48, 466
31,913

SURVEY OF CURRENT BUSINESS

20

May, 1932

GAS—CUSTOMERS, SALES AND REVENUES 1
MANUFACTURED GAS (150 COMPANIES)

YEAR AND MONTH

Industrial

House
Domestic heating

Total

and
com-

j IndusDomestic House | J|*J j
»<*«"*! com*- |
mercial |

Total

mercial
r

1939

January
February
March
April
Mav
June
July
August
September
October
November
December

-

_

i
i
•
i
__J
'

8, 655
8,656
8, 664
8,702
8,748
8 769 1
8, 782
_..:
8,820 !
_ . _ . i 8,871 !
:
8,910 i
8,916 I
'
8,904 1

1930
January
February
March
April
May
June
July
August
September
October
November
December
January
February
March
April
May
June
July
August
September
October
November
December

- - -

;
'

-

-

-

- -

l
j

. _. _ .
-

. . .

.

. .

1931
-

. .. _ _ :

.
_

_

i

;

-

_ . . . ...!

-

_

!

-

j

!

8, 848
F 844
8, 861
8,869
8' 887
8,888
8,889
8 902
8,937
8,954
8 945
8,908

•
>
'•
\
;
;

i
:

8.865
8.874
8, 883
8,901
8 904
8,965
8 912
8,911
8,938
8 910
8,888
8,828

Reveni! from sales to consumers
Revenues

Sales

Customers

rhmiQcmrl«

A T i l l i r m Q nf r>nhin

fact

8, 256
8, 252
8 261
8, 299
8, 343
8 351
8, 370
8,410
8, 457
8, 485
8, 486
8, 471

27
28
28
28
28
25
20
19
23
32
36
37

367
370
369
370
372
387
386
385
385
387
388
389

32, 412
31, 930
30, 631
30, 077
30, 595
29 248
25, 951 1
25, 683
27, 855 i
29, 761
30, 275
31,973

22, 639
21, 908
21,015
20, 843
21,628
21, 060
18, 353
18,203
20, 136
21, 257
20, 997
21,784

1,907
2,020
1,641
1,167
850
381
114
68
132
613
1,393
2,385

8 406
8 406
8 425 i
8,431 ;
8 446
8, 449
8,458 .
8 471 i
8,504 !i
8,510
8 499 l
8' 459 i

39
38
38
38
38
36
30
29
31
40
44
45

397
394 !
392 !
394
394
397 '
395
396
395
398
305
397

33 501
32 513
31,221
31,484 i;
30 272
29,179
25 629 :
24 291
26. 882 i
29, 377
29 757
31, 320

22 664
21 510
20, 955
21,385
21 488
21,181
18, 748
17 687
19,986
21, 517
20 771
21,402

2 679
2,707
2,194
1,858
942
464
149
102
145
628
1,727
2,612

;
i
!
!
i
!

8,404
8,416
8,427
8,444
8 447
8,510
8 466
8 466
8,492
8 446
8, 420
8,358

46
46
45
45
41
39
?-7
34
37
45
48
50

409
407
404
406
410
410
404
404
404 i
411
413
414

33, 478
31,110
30, 945
30,731
29 865
28,310
24 741
23, 527
25, 985
27, 820
28, 527
29, 339

22 537
20, 54S
20, 599
21,004
21, 230
20, 775
18,321
17, 427
19, 590
20, 873
20, 526
20, 396

3,327
3,004
2,692
2,150
1,233
515
191
133
167
532
1,344
2,236

;

i
:

':
i
]

j
i

i
i
i
i
'
'
!

i
i
I

!
i
i
i

:
:
]
.
'
i
i
!
1
1
i
!

7 955
8 0^0
7,864
8,084
7 692
7.391
6. 5P6
6,378
6,605
7,048
7,071
7, 104

7,425
7,396
7,490
7,434
7,268
6,906
6,122
5,843
6,087
6,241
6.490
6,507

and
com-

mercial
Thousands of dollars

!

7,680
7,828
7,803
7,903
7,959
7,657
7,354
7,280
7,442
7,723
7,705
7,606

Industrial

House
Domestic heating

Total

!

i
':
1
i

i
;1
i
;

!
;•
i
i
i

34, 193 !
33, 659 1
32 253
31,817
32, 345
31 393
28, 076
27,817
30, 159
31,755
32, 073
33,614 1

25,997
25,300
24,230
24, 151
25,015
24 570
21,794
21,663
23,749
24,742
24, 364
25,076

35 013
33, 837
32, 757 1
33, 129
32, 232 i
31,518
28, 187 :
26, 847
29, 518
31,698
31, 751
32, 963

26 026
24 805
24,285
24,778
24 870
24, 742
22,239
21 144
23,572
25, 042
24, 125
24,629

34, 947
32, 504
32, 386
32, 356
31, 827
30, 654
27, 337
26, 046
28, 681
30, 195
30, 331
30, 602

25,850
23,789
23,861
24,295
24, 536
24,236
21 753
20, 747
23,133
24,291
23,611
23,299

i
:
'•
1
!
i
:
i

i
!
1
i
i
!

!
i
'
;
i

:

1
i
j
i
:

:

!
!
'
|
j
i

1 527
1 603
1 332
928
726
334
109
72
129
522
1, 128
1,898

6 518
6,606
6 545
6 592
6,464
6 362
6 053
5,961
6,158
6 360
6 450
6,496

2 095
2 124
1 706
1,442
806
452
147
108
144
537
1 361
2,017

6 744
6 761
6 617
6,766
6 426
6 200
5, 687
5 482
5,678
5,977
6, 1 26
6,172

2,533
2,283
2,046
1,646
1, 007
440
176
131
160
447
1,055
1,650

6, 436
6,317
6, 362
6,307
6, 179
5,881
5 307
5,071
5,281
5,335
5, 534
5,524

NATURAL GAS (125 COMPANIES)

January
February
March
Aprl
May
June
July
August
September
October
November
December
January
February
March '
4pril
May
Juno
July
August
September
October
November
December
January
Fubruarv
March *
\pril
Mav
June
Julv
\UgiFt
September
October
November
December

1929

!

'
'
•

i
1

1930

!!
!

'
i
i
!
i
i
i
>

1931

- '•
:

'

;

»
i
'
-

i
•

4 140
4 132
4, 114
4 119
4 138
4 31S
4,104
4 107
4 139
4,230
4 273
4,272

:
'j
H
;'
l
<
'
;
.i
!
'
•
!

3 955
3 947
3,928
3 929
3 928
3 926
3,917
3 920
3 951
4,034
4 077
4,074

4,294
4 296
4,293
4 965
4,277
4 247
4,233
4 201
4' 236
4,276
4 316
4.326

[••
i!
n
'
'i
ji
i:
'>'•

4.094
4,095
4,092
4 065
4', 079
4 052
4,040
4 009
4,043
4,080
4 113
4 120

4,330
4,361
4 349
4 338
4.345
4,302
4, 273
4 258
4 268
4,272
4. 312
4,315

j
j

<
|
i
i

!

i
!
i
'
!
!
'1

4, 122 1
4.144
4 132
4 l'^2
4. 128
4,093
4, 008
4 057 '
4 068 !
4, 072 j•
4, 105
4,103

_

i
i

i

.

_ . !
1
'
. !

183
184
185
189 i
189
188 '
186
186 !
187 I
194 i
195 i
197

61 784
64 097
57,133
49 090
46 531

199
199
200 '•
199
197
194 '
191 '
190
190
194
201
204

67, 542
66, 027
58,383
55 844
44, 639
40 474
35,538
34 794
36 136
40', 930
49' 3*6
56,529

206
216
215
215
215
207
203
200
199
199
205
211

63, 338
56,242
54 729
52, 568
43,340
36.821
32,834
31 661
33,823
37 628
43 fiOS
52,024

;

41 240
36,348
37, 295
38 154
45,092
54 852
63, 643

'
i

'

i

!
i

i
'

j
i

:

!;
i
j!
i
i

i!
i
li
i

'
:
]

35 231
36,663
30,802
23 525
20 843

36 237
11,646
10, 729
11,927
15,767
24 545
32, 952
36, 542
36, 148
29,318
26 753
1 9, 203
15,448
11,424
10,313
11,321
14.948
23,719
30,415

. .

„

. ...

{

!
1

i
i

i

26, 160
27,065
26,013
25, 157
25, 210
24, 584
24,274
26,098
25, 790
28,803
29, 556
29, 956

30,482
31,215
27,393
22,919
21,134
38. 126
15. 125
14,910
15, 569
18,356
23,910
29, 101

30,461
29,323
28,647
28, 656
25,003
24,615
23,590
24, 042
24. 432
25,610
25, 347
25, 774

31,821
31,190
26,827
25, 157
20, 087
17, 502
14, 675
13,920
14,592
17,031
22,426
26, 816

,.__..! 26.206
36, 834
24.790 j
31,159
! 24 655
29,494
26, 940
' 25, 269
i 21,824
21,142
i
21.252
15,232
. i 21,573
10,876
i
21 205
10 OSfi
22, 200
11,185
, 23,538
13 ffi2
i 23,593
19 9^4
23,733
27,047 .....

!
!
!
i
!
!
!
i
j
!

!

31, 037
27, ! 24
26 031
24,225 i
20, 108
16, 159
13,482
12 813
13.490 i
15, 276
19,250 i
24,404 i

22, 925
23, 522
20,118
16, 075
14, 422
11,741
8,994
8,492
9 191
11,434
16,540
21,437
23, 806
23, 293
19.359
17 886
13, 723
11,504
9, 1 07
8' 372
8,981
11.092
16 136
20,126
24, 09?
20, 521
19 4f,fi
17,850
14, 697
11,251
S679
b 205
8, 792
10,349
14,006 _.
18,757

;

;

;
i
i
^
!
'
\

:
•
i
•!
:

'

7 452
7 589
7, 203
6 749
6 605
6 288
6,037
6,321
6 290
6,803
7 223
7, 516

7,888
7, 738
7,369
7 169
6, 272
5 910
5, 478
5 445
5,518
5, 865
6 218
6 608
6,878
6,518
6 494
0 319
5, 365
4,867
4 763
4 553
4 C47
4, 876
5,153
5,579

1
Compiled by the American Gas Association. Separate series are maintained for the manufactured end natural gas companies because the heating value of the two
types is so different as to preclude the possibility of adding the volume to secure total production. The statistics of manufactured gas cover 150 identical companies and the
series on natural gas cover 125 companies. For the natural gas companies, the house heating statistics are not reported separately, being included under "domestic."
Miscellaneous customers, sales, and revenues have been omitted. Additional statistics are published in the monthly reports of the association.




SURVEY OF CURRENT BUSINESS

May, 1932

21

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

1933
ITEM

1931

1930

1933

1929
ITEM

Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr.
23 16
9
25 18 11 26 13 i 27
20

Composite index, N. Y.
Times*
59.7 59.9 79.4 79.7 80.1 95.4 95.5 109.6
Composite index, Business
Week * 1
57.0 58.6 57.2 79.5 78.6 78.4 94.1 94.1 110.4
83 5
Detroit employment
82.7 110.5
63.6
Production:
Beehive coke
5.7 6.1 9.8 9.8 10.2 27.8 27.8 46.1
Bituminous coal(da.av.). 46.5 48.4 45.4 61.8 61.9 66.4 80.2 79.3 90.9
Building (new awards) . 30.7 27.9
80.5
131.7
80.7 126.4
88.2 88.9 ~87.~9 100.6 ~98.~5 98.9 103. 5 104.0 102.0
Electric current t
Petroleum (da. av.)
108.9 104.8 106.9 116.4 116.3 110.8 124.3 122.9 127.3
Sfceel ingots
30.3 28.9 28.9 64.5 64.5 67.1 102.6 102.6 132.9
Receipts:
Cattle and calves
63.0 69.9 61.7 74.4 74.7 73.4 74.7 66.8 86.4
Cotton
41.5 35.8 46.2 23.8 30.0 26.2 32.3 35.0 50.0
71.3 76.1 63.5 72.4 72.6 65.6 73.5 76.3 82.4
Hogs
38.2 29.3 60.5 54.7 72.6 51.3 29.4 46.1
Wheat .
57.9 55.7 77.6 77.6 75.4 92.7 91.2 107.5
Distribution: Car loadings
Wholesale prices:
Dept. of labor 1926= 100—
Total
65.8 66.0 65.7
Farm
49.7 50.1 49.7 _ J
Food
61.0 61.3 61.4
* Relative to a computed normal taken as 100.

109. 1!
109. 5

!

45.7
86.2;
102. 6|
128.3;

128. 9;
83.9
52.3
82.1!
44.7!
102. 8

!

1930

1931

19 29

iApr. Apr. Apr. Apr. Apr. Apr. JApr. Apr. Apr. Apr.
9
23 16
25 18 11 1 26 19 27 20
i

Wholesale prices— contd.
Fisher's 1926 = 100—
Total (120)
61. 8 62.4 62.5 74.0 74.6 75.2 90.2 90.7 96.7 96.7
Agriculture (30)... i 44.4 45.2 45.3 63.9 65.0 65.6 95.1 95.9 99.3 99.3
Nonagricultural (90). ' 65. 5 65. 7 66.0 77.1 77.2 77.8 87.8 88.1 94.4 94.3
Copper, electrolytic
i 39.9 39.9 41.3 67.4 70.3 67.4 100.0 100.0 129.0 129.0
Cotton, middling, spot..; 22.4 23.2 22.4 37.5 37.5 37.5 59.9 59.6 72.8 74.6
Iron and steel,compositeJ 71.8 71.8 71.8 76.1 73.3 76.5 83.1 83.2 89.5 88.9
Banking and finance:
Bank debits outside N,
Y. C. (da. av.)
i 71.6 66.2 85.0 100.9 101.4 92.1 114. 1 127.3 123.4 138.3
Bond prices
84. 9 82.8 83.9 106.6 106.9 106.9 105.9 106.1 106.2 105.8
Business failures (num- !
ber)
1162.9 160.4 149.1 150.4 138. 3 133.9 134.4 120.6 110.3 119.9
Federal Reserve R. M. j
banks—•
Loans and discounts. 95. 8 95.8 96.5 121.1 122.1 121.7 135.7 134.8 131.1 131.5
Net demand deposits 91. 5 90.9 90.0 113.9 114.3 113.2 111.4 110.8 107. 4 108.6
Time deposits
124.7 124.2 124.7 162.3 161.1 160.4 155.1 155.9 147.4 149.5
Interest rates, call
' 6 0 . 6 60.6 60.6 36.4 36.4 38.3 97.0 97.0 200.0 190.9
Interest rates, time
55. 3 63.8 68.6 46. 6 51.4 50.5 100.0 102.9 194.3 200.0
Money in circulation
112. 1 112.2 112.7 95.7 95.8 95.7 92.7 93.3 96.0 96.3
St.oo.k nrir-p.s
53 4 55.6 59.6 146.3 152.2 155.8 244. 5 249.0 253.2 249.1
f Relative to weekly average, 1928-1930, for week shown.

Latest week is preliminary.

WEEKLY BUSINESS STATISTICS
1932
ITEM

Apr. 23

Apr. 16

1930

19 31

Apr. 9

Apr. 25

Apr. 18 | Apr. 26

1929

Apr. 19

Apr. 27

1928
Apr. 20 Apr. 28

Apr. 21

'

PRODUCTION AND DISTRIBUTION

792
Bituminous coal production (da. av.)...thous. tons..
Building contracts (da. av., 37 States). .thous. dolls..
4, 923
Electrical current output. ...
mills, of kw-hours..
1,470
Exports:
Corn . . .
_ _.
thous. of bush..
159
Wheat
thous of bush
2,365
Wheat flour
.. . .thous. of bbls _
134
Freight cars:
Loadings, total .
.
.oars..
Coal and coke
curs
Forest products ... _ _.
.-. .cars
Grain and grain products
cars
Livestock. .. __ _
cars_
Mcrchandise, 1. c 1
cars
Miscellaneous .
. . cars.
Ore
cars
Net available surplus (da. av.)
_
cars.
Petroleum production (da. av.)
thous. of bbls__
2,268
Receipts:
Cattle and calves (12 markets)
thousands. .
199
Cotton into sight.
thous. of bales..
108
Wheat, primary markets
thous. of bush..
Wool, total, Boston
thous. oflbs.. ~"~~2~2ii~
Steel ingot production.per ct. of capacity. _

825
4, 475
1,481

774

1,052

1,054

1, 465

1,676

1, 641

86
2, 704
219

125
1, 743
104

23
2,621
182

566, 729
98, 419
20,014
31,839
20, 137
186, 924
205, 076
4, 320

544, 806
92, 359
19, 577
29, 026
17, 173
187, 6S7
196,413
2,671

2, 182

2, 227

759, 272
119, 021
32, 642
37, 448
23, 148
224, 132
313, 513
9, 367
602, 832
2, 423

759, 494
117,329
34, 096
39, 641
22, 024
225, 373
313,613
7,418
614, 228
2,422

222
93
3. 031
3, 016
22

195
120
2, 331
692
22

235
62
4,810
2, 502
49

236
78
4, 348
7,872
49

106. 2
.055
.061
1. 71
29.74
.54

106. 2
.055
.063
1. 72
29. 74
.55

106.2
.057
.061
1. 74
29.74
.51

3,648
3,298

3,071
3,222

15, 464
76.06
663

21 i
239
191 |

!

1,468 i

1, 365
20, 291
1, 72o

1,733

1, 548
21, 153
1,700

1, 709 :

1,388 j
25,840 1 __
1, 440

238.
545
178

103
563
233

1, 045
2,130
266

201
867
291

729
300
311

431
381
236

963, 007
167, 171
63, 890
43, 256
29, 899
259, 392
385, 341
14, 058
320, 762
2,404

945, 289
159, 267
65, 361
39, 595
27, 571
259, 448
384, 861
9,186
340, 608
2,394

906, 879
149, 516
58, 669
38, 778
27, 383
247, 854
369, 808
15, 371
427, 925
2, 590

1, 351

892, 706 1,051,885 1, 005, 880
162, 092
134, 525
177, 366
71, 592
68, 536
56, 759
36, 762
36, 878
37, 405
31, 064
27, 995
23, 290
264, 058
263, 893
249, 480
416, 801
416. 295
377, 797
54, 126
30, 307
13, 450
220, 821
244,245 j
439, 371
2, 651
2,672
2,561

1,341
1,440

i
j

236
81
4,077
2, 602
78

211
91
2, 337
3,555
78

273
130
3, 661
2, 036
101

265
136
3, 554
6, 044
98

290
169
4, 132
8, 366
85

254
153
4,170
3, 494
84

106. 4
. 093
. 102
2. 28
31.51
.73

106.4
.097
. 102
2.30
31.59
.74

110.3
.138
. 163
2.90
34. 40
.98

110.3
.138
.162
2.91
34.44
1.01

111.5
.178
.198
3.42
37. 04
1.07

111.5
.178
.203
3.43
36.82
1.13

110.5
.140
.219
3.38
35. 56
1.65

110.5
.140
.205
3.35
35.56
1.56

4,164
3,939

6,326
4,680

5,739
4,706

7,883
5,289

9,170
5,904

10, 093
5,723

11, 022
6,412

9,653
5,572

10, 874
5,462

26, 897
74.15
653

16, 907
75.13
607

1,772
95.48
612

1,481
95.71
563

2,224
94.87
547

1,662
94.99
491

2,157
95.08
449

2,389
94.77
488

3,329
99.15
410

3,413
99.16
474

565
3,237

629
3,233

635
3,245

135
3,346

211
3,225

214
3,209

975
2,973

994
2,956

709
2,886

620
2,885

11,969
7,150
6,838
11,053
5,655
3.78

11, 970
7,088
6,822
10, 976
5,629
3.78

12,060
7,113
6,838
10, 875
5,656
3.78

15, 139
7,848
8,001
13, 752
7,358
4.86

15, 258
7,793
8,064
13,811
7,304
4.86

16, 955
5,791
8,629
13, 455
7,034
4.86

16, 845
5,747
8,607
13, 383
7,068
4.86

16, 388
5,871
9,068
12, 977
6,775
4.85

16, 431
5,909
9,078
13, 118
6,779
4.85

15,771
6,147
8,822
13, 707
6,803
4.88

15,808
6,149
8,888
13,855
6,766
4.88

2.42
2.50
5,442

2.79
2.50
5,450

3.00
2.50
5,475

2.04
1.50
4,645

2.25
1.50
4,653

.4.38
4.00
4,500

4.50
4.00
4,531

8.50
8.25
4,664

8.75
7.88
4,676

5.00
5.00
4,710

5.00
4.88
4,718

51.88
5,360

53.97
8,125

57.90
10, 262

142. 12
14, 030

147. 77 i
11, 789

237. 43
26, 924

241, 79
16, 708

245. 91
20, 860

241. 95
16, 658

192. 30
20, 114

193.23
19,308

42.7
40.4
22.4
71.4

42.5
40.4
20.5
72.3

46.0
44.3
23.4
74.6

105.7
97.0
84.5
164.6

112.0
103.3
87.5
174.0

177.3
167.1
135.9
262.5

180.5
170.2
140.9
264.1

188.6
194.9
139.5
206.4

187.3
194.6
137.7
201.1

148.1
151.0
133.3
146.9

145.3
148.7
128.7
143.9

i
;

WHOLESALE PRICES

Chemical index
...
... ..
rel. to 1924
Copper ingots, electrolytic, New York-dolls, per lb_.
Cotton, middling, spot, New York
dolls, per lb__
Food index (Bradstreet's)
dolls, per Ib
Iron and steel composite
dolls, per ton
Wheat, No. 2, hard winter, Kansas City.dolls. bush..
Bank debits:
FINANCIAL
New York City
mills, of dolls
Outside New York City
mills, of dolls
Bond sales, New York Stock Exchange:
United States Government
thous. of dolls ..
Average price 40 corporation bonds
dollars..
Business failures. _
number..
Federal reserve banks:
Bills discounted
..
mills, of dolls.
Total reserves
_
.mills, of dolls..
Federal reserve reporting member banks:
Total loans and discounts
mills, of dolls..
Total investments
mills, of dolls..
"Other" loans
mills, of dolls
Net-demand deposits
mills, of dolls. .
Time deposits
mills of dolls
Sterling exchange, rate quoted (da. av.)
dollars..
Interest rates on brokers' loans:
Time money, New York
per cent..
Call money, New York
. .
per cent
Money in circulation (da. av.)
mills, of dolls
Stocks, New York Exchange:
Average price 50 stocks
. . dollars
Sales . . .
thous. of shares -_
Stock prices, weighted:
Industrials, rails, and utilities (421) .rel. to 1926..
All industrials (351)
rel. to 1926
All railroads (33)
rel. to 1926..
All utilities (37)....
rel. to 1926..




132
3,318

22

SURVEY OF CURRENT BUSINESS

May, 1932

Monthly Business Statistics
The following table contains a summary of the monthly figures designed to show the trend in important
industrial and commercial movements. These data represent continuations of the figures presented in the 1931
Annual Supplement to the Survey of Current Business, in which monthly figures for the past seven years may
be found, together with explanations as to the sources and bases for the figures quoted, The figures given below
should always be read in connection with these explanations. For later data, which ha^e become available
since these data were compiled, see recent Weekly Supplements to the Survey.
CONTENTS
Page

Page

Industrial indexes
Wholesale prices
Commodity groups:
Automobiles
Chemicals and allied products
Foodstuffs
Forest products
Leather and leather products
Iron and steel
Machinery
Nonferrous metals
Paper and paper products
Printing

22
23
._ _

Commodity groups—Continued.
Rubber and rubber products
Stone, clay, and glass
Textiles
Tobacco
Miscellaneous
Fuels
Distribution movement
Foreign trade
Employment and wages
Construction
Public utilities
Finance

25
26
28
32
33
34
36
37
38
40

15*51

JLU3/5

Earlier data for items shown here may 1
be found in the 1931 Annual Supplei March
ment to the Survey

40
41
42
44
44
44
45
47
48
50
50
52

1

Febru- January Eecemary

1 (

berm"

October

Septem- August
ber

July

May

June

April

March

INDUSTRIAL PRODUCTION
Federal Reserve Board
Total unadjusted
- rel. to 1923-25.. i
Total', adjusted
rel. to 1923-25- !
Manufactures, total unadjusted.rel. to 1923-25.. 1
Manufactures, total adjusted.. rel. to 1923-25— i
Automobiles
_ — rel. to 1923-25 . '
Cement
rel. to 1923-25.. !
Food product5*
..rel. to 1923-25.. ;
Iron and steelrel. to 1923-25..
Leather and products
rel. to 1923-25.. i
Lumber
rel. to 1923-25..
Nonferrous metals
__rel. to 1923-25..
Paper arid printing
—rel. to 1923-25..
Petroleum refining
rel. to 1923-25..
Polished plate glass
—rel. to 1923-25.. i
Auto tires and tubes
rel. to 1923-25 „
Te\ tiles
rel. to 1923-25 _.
Tobacco manufactures
rel. to 1923-25..
Minerals, total unadjusted
rel. to 1923-25.. i
Minerals total adjusted
rel. to 1923-25..
Anthracite
rel. to 1923-25. .
Bituminous coal
__rel. to 1923-25 _
Copper
rel. to 1923-25.
Crude petroleum
rel. to 1923-25Iron-ore shipments
rel. to 1923—25 _
Lead
..rel. to 1923-25 __
Silver
rel. to 1923-25..
Zinc
rel. to 1923-25..
Industrial Consumption of Electrical
Energy
Consumption by geographic sections:
United States
rel to 1923-25
New England
rel. to 1923-25—
North Central...
rel. to 1923-25...
Middle Atlantic
rel to 1923-25
Southern
_
_ rel. to 1923-25
Western...
rel. to 1923-25 ..
Consumption by industries:
All industry..
.
rel. to 1923-25 _.
Automobiles, including
repair parts
rel. to 1923-25
Electrical apparatus and
equipment
rel. to 1923-25..
Food and kindred products.rel. to 1923-25—
Leather and its products.. .rel. to 1923-25—
Lumber and its products.. rel. to 1923-25..
Metals group
rel. to 1923-25—
Metal-working plants.. rel. to 1923-25..
Rolling mills and
steel plants
rel. to 1923-25 ._
Paper and pulp
rel. to 1923-25
Rubber and its products.. .rel. to 1923-25..
Shipbuilding
rel. to 1923-25..
Stone, clay, and glass
rel. to 1923-25..
Textiles
rel. to 1923-25..
1
Be vised




71
70 !
270 J
268 i
35

69
68
67
65
28
53
84

56
90
41 i
89 :
23 i

34
91

:

99
141
75 1
85 '•
286
114
2
75
2 78
58
63

47
83
109
77
84
81
70

!

70
71
70
71
45
65
94
43
85
27
J40
75
92
89
124
74
77
54
58

116
41
66
41
47

i
j
98 8 1!
86.4
89 5
99 6
119 3
111.0

97 1
87.5
87 4
103 3
113 2
102 2

100 4
97.0
92 6
104 0
113 8
102 3

97 3
89.9
90 0
99 5
112 8
108 8

97 9
100.0
92 1
95 7
117 5
96 8

101 7
98.4
102 7
91 5
114 3
106 4

109 8
104.4
109.2
101 3
118. 2
119.1

106 4
109.4
105.0
97 6
108 6
114.0

108 2
105.8
105. 7
102 8
117.5
115.7

108.2

:
!
i

75
73
72
71
26
75
92
45
2 81
33

i
I!
]
i
!!
i

97
14Q
98
88
88
113
79
85
69
64

97 !
155
48 ;
84 i
89 !

100
159
56
76
93

82 i
81 i
66 !
67 i

90
84
74
71

!
j
1
<
i
i
1'
:
!'

2109

111 !|

121

55
28
45

54
31
46

59 ! :
35 !i
45 i

62
43
45

88.0
83.7
82.0
85.4
96.1
97.1

98.8
93.0
93.1
95.4
106.7
103. 7

2

!
i
i
i
i

77
76
76
75
40
79
93
45
295
36
64
104
159
57
80
100
118
82
77
65
70
60
102
52
65
42
49

72
73
70
71
36
67
91
51
» 77
27

109

93 9
87.2
89. 5
89 6
106. 0
104.0

j
|
i
|
1

67
74
65
72
66
61
98
42
2 82
27

i

|
i
^!
|!

89 6
84.5
85 2
89 7
100 0
98 3

;

i

us !

122
]o
58
38
45

111

78
78
77
78
52
83
88 !
50 1
2102
38 i
63 1
105
161
75
94
99
118
82
79
62
70
59
107
59
66
45
49

80
82
79
82
60
90
87
58
298
42 1
62
109
160
88
114
100
121
85
86
70
74
59
122
56
62
47
49

83
83
82
82
65
93
83
60
99
47
68
107
159
89
108

89
i
!
i1
'
i
1

87
90
86
78
94
8Q
66

:

»107

'•

!
'

132
85 i
86
75
74
67
122 i
46
58
47
54

48

72
111
161
105
115
97
135
84
87
75
75
68
122
28
75
53
54

%
88
91
87
77
94
95
70
2 103
47
74
109
159
111
96
96
132
83
91
87
77
69
121

89
87
90
87
67
91
87
75
48
J
94
78
110
150
117
97
97
131
82
89
84
76
70
112

69
54
61

76
60
65

88.0

98.8

93.9 !i

89 6

98 8

97 1

100 4

97 3

97 9

101 7

109.8

106.4

69.2

85.3

83.6 |i

78 1

65 5

57 4

53 7

43 6

55 9

71 3

89.7

90 8

94.1

101.7
114.9
86.7
78.2
66.0
64.8

122.2
129.5
90.6
86.8
76.0
74.8

120.0
127.2
81.4
81.9
71.3
72.7

123.5
124.8
79.2
74.1
70.6
70.9

126.9
144.0
75. 2
76.4
76.4
76.0

130.4
136.5
81. 8
81.2
73.0
71.0

132 6
142.0
81.9
82.2
76.2
75.0

126 9
146.4
77.1
79.4
75.0
73.3

133.4
147.0
83.8
76.9
74.5
69.3

135.2
136.2
85.4
86.3
81.5
78.6

136.7
126.8
81.0
97.2
98.5
94.0

138.1
122.0
83.9
91.5
99.5
94.6

126.1
116.8
71.2
93.2
112.2
103.5

69.0
112.9
96.8
83.4
81.2
85.3

78.2
116.1
112.0
99.2
90.0
96.8

77.6
109. 3
104.0
93.2
77.1
87. 8

70.0
107 0
79^2
94.6
76.8
89.8

77.0
126 1
93.5
95.0 :
113.8
93.4 !

76.3
113 0
82.8
84.5
113.4
98.2

78.3
138 3
88.0
88.9
113.9
98.7

78.0
121 7
98.5
85.6
105.9
95.0

83.1
104 0
97.4
82.0
104.8
98.2

86.6
112 4
121.0
84.8
118.7
100.5

106.8
135. 1
122.3
89.7
132.0
103.7

108.1
109 6
109.0
92.5
116.5
100.0

119.4
123.0
1G9.6
98.3
105.1
97.3

ii

;
•;
,
i
!;

ii
!

l
:j
ii
i!

23

SURVEY OF CURRENT BUSINESS

May, 1932

MONTHLY BUSINESS STATISTICS—Continued
Earlier data for items shown here may
be found in the 1931 Annual Supplement to the Survey

1932
March

1931

Febru- January
ary

Decem- NovemOctober Septem
August
ber
ber
ber

July

June

May

April

March

STOCKS AND ORDERS
New orders, total
Stocks, total
Manufactured goods
Raw materials
Unfilled orders, total

rel to
rel. to
_rel. to
_ rel. to
rel to

1923-25
1923-25
1932-25..
1923-25..
1923-25

36.0
« 159. 8
U11.9
2
194. 4
32.5

39.8
2161.8
2 109. 8
199.3
42.5

236.4
166.6
108.4
208.6
40.2

»40.9
168.7
105.4
214.3
42.9

44.3
160.1
103.8
200.7
44.4

47.8
141.7
106.9
166.8
46.0

45.5
137.0
111.7
155.3
47.4

48.1
133.6
115.6
146.5
51.4

56.0
133.7
117.0
145.7
65.9

52.9
139.1
118.2
154.2
56.8

60.4
143.6
118.6
161.7
60.6

58.2
150.5
119.0
173.2
61.9-

80.1
70.4
72.1
89.6
76.2
93.8

81.4
72.0
74.8
90.0
77.1
93.9

83.1
73.8
78.2
90.3
78.5
94.2

83.9
74.2
79.9
90.6
79.3
94.3

84.9
75.4
81.5
90.5
80.3
94.6

85.6
78.5
81.7
90.1
80.7
95.4

85.9
78.6
81.9
89.6
81.5
95.5

85.9
78.6
81.5
89.3
82.0
95.8

85.9
79.9
81.0
89.1
82.6
95.5

86.9
80.7
82.8
89.1
83.5
95.9

88.2
82.0
84.9
90.6
84.1
96.8

89.1
83.2
86.5
92.5
84. 6
96.8

66.0
50.2
62.3

66.3
50.6
62.5

67.3
52.8
64.7

68.6
55.7
69.1

70.2
58.7
71.0

70.3
58.8
73.3

71.2
60.5
73.7

72.1
63.5
74.6

72.0
64.9
74.0

72.1
65.4
73.3

73.2
67.1
73.8

74.8
70.1
76.3

76.0
70.6
77.6

73.2
75.3
67.9

73.4
75.5
68.3

74.8
75.7
67.9

75.7
76.1
68.3

76.2
76.1
69.4

76.1
75.6
67.8

77.0
76.3
67.4

77.6
76.9
66.5

78.1
78.9
62.9

79.3
79.4
62.9

80.0
80.5
65.3

81.5
81.3
65.4

82.6
82.9
68.3
87.6

157.3
115. 0
187.9

COST OF LIVING
All groups
Clothing
Food
Fuel and light
Housing
Sundries

rel to 1923
rel. to 1923__
...rel. to 1923..
rel. to 1923
rel. to 1923..
rel. to 1923..

PRICE INDEXES
Department of Labor Indexes:
Combined index (784)
rel. to 1926. _
Farm products
rel. to 1926. _
Food (122)
_...rel. to 1926..
Industrial group commodities—
Building materials (86).. .rel. to 1926..
Chemicals and drugs (89) .rel. to 1926..
Fuel and lighting (24)
rel. to 1926. .
Hides and leather products (41)
.
rel. to 1926..
House furnishing goods (61)
rel to 1926
Metal and metal products
rel. to 1926..
Textile products (113)__._rel. to 1926..
Miscellaneous (52)
rel. to 1926. _
All except farm and food products (595)
...rel. to 1926..
Finished products (582)
rel. to 1926..
Raw materials (109)
rel. to 1926..
Semimanufactured articles (93).rel. to 1926..
Bradstreet's Index . .
.. rel. to 1926
Dun's Index
rel. to 1926. _

77.3

78.3

79.3

79.8

81.6

82.5

85.0

88.7

89.4

88.0

87.6

87.5

77.1

77.5

77.7

78.5

80.9

81.0

82.7

84.9

85.7

86.4

86.8

87.9

88.0

80.8
58.7
64.7

80.9
59.8
64.7

81.8
59.9
65.6

82.2
60.8
66.8

82.6
62.2
68.7

82.8
63.0
66.6

83.9
64.5
68.2

83.9
65.5
68.3

84.3
66.5
69.7

84.4
66.6
69.7

85.0
67.4
70.5

85.7
68.2
71.5

86.4
70.0
72.0

70.9
71.5
56.1

71.3
71.4
56.9

71.7
72.1
58.3

72.3
73.3
60.2

73.4
74.8
62.0

72.9
75.1
61.5

73.9
75.9
62.7

74.2
76.4
64.1

73.9
76.1
64.3

74.1
76.0
64.7

75.)
76.9
66.5

75.9
78.3
68.3

77.2
79.6
69.5

60.8
55.3
73.3

61.9
56.6
74.0

63.1
58.2
74.4

63.7
59.8
74.6

64.9
61.2
74.4

65.2
62.6
74.4

66.7
64.2
72.3

68.3
65.7
75.1

69.3
68.0
77.2

69.3
67.9
77.7

69.8
66.9
77.3

71.5
69.0
79.2

72.9
71.4
80.9

WHOLESALE PRICES

2.00
Acetate of lime,.
dolls, per cwt_.
Alummum No. 1, Virgin 98-99,
.2290
New York
dolls, per lb_.
.0413
Aluminuin, scrap cast, New York.dolls. per l b _ _
.53
Barley, No. 2, Minneapolis
dolls, pei bu_.125
Brass sheets, mill
. _ dolls, per Ib
Brick, common, red, New York
9.750
dolls, per tlious
.23
Butter, common, New York.... dolls, per lb_.
1.318
Cement, Portland (composite) -dolls, per bbl_.
Cheese, American whole milk, New York
.13
..dolls, per lb_.
85
Chemicals
_.
rel. to 1927..
.073
Coffee, Rio, No. 7, Brazil grades-dolls, per lb._
.0576
Copper ingots, electrolytic
dolls, per lb__
Coal:
Anthracite—
14. 45
Retail, composite-dolls, per short ton..
Wholesale, composite
dolls, per short ton.. 12. 396
BituminousMine average (spot)
dolls per short ton
Prepared sizes (composite)
3. 798
dolls, per net ton..
8.01
Retail, composite-dolls, per short ton_.
Wholesale, composite
3.692
dolls, per short ton
Coke, furnace, Connellsville
2.25
dolls . per short ton
.0455
Cocoa, spot, Accra, New York. .dolls, per lb__
Corn:
.33
No. 3, yellow, Chicago
dolls, per bu_.
.34
No. 3, Kansas City
dolls, per bu_.
.33
No. 3, white, Chicago
dolls, per bu._
Cotton:
.062
To producer . . . .
_. ..dolls, per Ib .
.068
In New York, middling
dolls, per lb__
Cottonseed oil, refined, yellow,
.040
prime, New York
_
..dolls, per lb._
Cotton goods:
.038
Print cloth 64 x GO
dolls, per vd._
.044
Sheeting, brown
dolls, per yd_.
86
Cotton goods (Fairchild).rel. to 1911-1913..
Cotton yarns:
.181
22/1 cones, Boston
dolls, per lb__
.284
40/15 southern spinning
dolls, per lb._
157
Drugs and Pharmaceuticals. rel. to Aug., 1914..
113
Drugs, crude..
rel. to Aug., 1914..
Essential oils
rel. to Aug., 1914..
59
Flaxseed, No. 1, Minneapolis. .dolls, per bu._
1.40
Flour, see under wheat flour.
Food, wholesale, see under individual items.
Food, retail (Dept. of Labor)
rel. to 1913..
105.0
Hides:
Green salted, packers' heavy
.064
native steers
dolls, per lb_.
Calfskins, country, No. 1
dolls, per lb_.
.069
1
Revised.




2.00

2.00

2.00

2.00

2.00

2.00

2.00

2.00

2.00

2.00

2.00

2.00

.2290
2 . 0413
.52
.130

.2290
. 0398
.51
.133

.2290
.0388
.51
.130

. 2290
.0388
.51
.130

.2290
.0393
.50
.130

.2290
.0400
.50
.152

.2290
.0400
.45
.154

.2290
. 0424
.42
.157

.2290
.0438
.39
.158

.2290
.0438
.45
.165

.2290
.0488
.48
.172

.2290
.0488
.44
.174

9 750
.22
1.323

r? 127

.24
1. 321

9.750
.31
1. 310

10.00
.31
1.310

10.00
.34
1.318

10.00
.33
1.331

10.00
.28
1.331

10.00
.25
1. 331

10.00
.23
1.364

10.25
.24
1.399

10.25
.26
1.422

10.00
.29
1.477

.13
86
.072
. 0597

.14
86
.071
.0700

.14
86
.070
.0658

.15
86
.063
.0656

.16
86
.058
.0678

.17
86
.056
.0699

.16
86
.056
.0729

.15
88
.063
.0770

.14
88
.068
. 0803

.14
89
.061
.0867

.15
90
.053
.0939

.16
90
.056
.0985

14.95

14. 97

14. 97

14. 96

14.97

14.93

14.73

14.59

14.31

14.19

14.39

14.85

13. 170

13. 170

13. 166

13. 083

13. 083

13. 083

12. 796

12. 614

12.413

12. 270

12. 202

12. 608

1.62

1.58

1.58

1.56

1.60

1. 64

1.69

3.929
8.14

3. 953
8.17

3.953
8.19

3.962
8.23

3.954
8.22

3.954
8.17

3.907
8.11

3.856
8.09

3.816
8.00

3. 838
8.04

3. 845
8.46

3.999
8.71

3.701

3.699

3. 701

3.705

3.703

3.705

3.704

3.706

3.692

3. 723

3. 760

3.791

2.25
.0422

2.30
.0432

2.34
.0425

2.38
.0494

2.45
.0475

2.45
.0463

2.45
.0525

2.45
.0581

2.45
.0563

2.48
.0494

2.50
.0535

2.50
. 0550

.34
.36
.35

.37
.39
.37

.37
.39
.38

.43
.46
.43

.38
.40
.39

.42
.46
.44

.46
.45
.49

.57
.53
.58

.58
.52
.59

.56
.52
.56

.58
.63
.58

.60
.54
.60

.058
.068

.056
.066

.055
.063

.061
.065

.053
.064

.059
.065

.063
.072

.085
.093

.077
.090

.088
.093

.093
.102

.096
.109

.040

.039

.042

.047

.045

.044

.059

.069

.068

.069

.076

.076

.039
.043
86

.036
.042
85

.034
.044
85

.036
.047
87

.038
.046
91

.041
.050
95

.043
.052
100

.049
.056
111

.048
.054
112

.050
.058
115

.053
.059
139

.180
.285
157
116
59
1.40

.175
.290
157
116
57
1.41

.181
.295
157
116
59
1.43

.192
.312
157
117
61
1.46

.189
.315
157
118
65
1.32

.201
.326
157
118
70
1.37

.212
.336
157
118
76
1.41

.225
.352
157
118
77
1.64

.215
.352
157
128
77
1.48

.223
.353
157
130
79
1.55

.231
.369
160
131
82
1.57

.055
.059
121
k*.
.240
.382
174
130
81
1.58

105.3

109.3

114.3

116.7

119.1

119.4

119.7

119.0

118.3

121.0

124.0

126.4

.066
.065

.076
.074

.078
.078

.082
.085

.077
.083

.090
.098

.113
.129

.120
.139

.100
.129

.085
.129

.092
.135

.090
.128

24

SURVEY OF CURRENT BUSINESS

May, 1932

MONTHLY BUSINESS STATISTICS—Continued
1933

Earlier data for items shown here may
be found in the 1931 Annual Supplement to the Survey
WHOLESALE PBICES-Continued

March

July

June

May

April

March

!

Iron, raw:
Basic (valley furnace) .dolls, per long ton..
Composite pig iron
dolls, per long ton._
Foundry No. 2,
northern
dolls, per long ton..
Lard, prime contract, New
York
dolls, per Ib
Lead, pig, desilverized, New
York.
_
dolls, per lb_.
Leather, composite, wholesale
price
rel. to 1926..
Leather, sole and belting, oak,
and scoured backs
...dolls. perlb._
Leather, upper, composite, chrome,
calf black, "B" grade
dolls, per sq. ft..
Leather, hides (see under hides).
Leather, shoes (see under shoes).
Linseed oil, New York
dolls, per lb._
Lumber:
Douglas fir, No. 1,
common.... __ . dolls, per M ft. b. m__
Douglas fir, flooring, 1 x 4, "B"
and better (V. G. Washington).. __
dolls, per M ft. b. m_.
Southern yellow
pine.
dolls, per M ft. b. m__
Meats:
Beef, fresh, carcass, good
native steers, Chicago
dolls, per lb__
Beef, fresh, carcass, steers,
New York
dolls, perlb..
Cattle,com-fed,Chicago_dolls. per lOOlbs..
Hogs, heavy, Chicago
dolls, per 100 lbs._
Sheep, ewes, Chicago
dolls, per cwt._
Sheep, lambs, Chicago
dolls, perlb..
Pork, hams, smoked, Chicago
dolls per Ib
Western dressed steers, New York
dolls, per lb_.
Methanol:
Refined
dolls, per gal
Milk, condensed, New York, .dolls, per case-Milk, evaporated .
dolls, per case..
Nonferrou^ metals
rel to 1926
Oats:
No. 3, white, Chicago
dolls, per bu._
Oils and fats
rel to 1927
Oleomargarine, standard, uncolored,
Chicago
dolls, per lb-Paper, newsprint, rolls, destination,
New York basis
dolls, per short ton._
Petroleum:
Crude, Kansas-Oklahoina.dolls. perbbLGas and fuel oils, Oklahoma 24-26,
refineries
dolls per bbl
Gasoline, New York
dolls, per gaL.
Kerosene, 150° water white.dolls. per gal..
Lubricating oil, cy Under. . .dolls, per gal..
Pig iron, foundry No. 2,
Pittsburgh
_. -dolls, per long ton
Potatoes
dolls, per bu_Rayon, 150 denier "A" grade,
New York
dolls, per Ib
Rosin, gum, New York ..
dolls, per bbl_~
Rubber, crude, smoked sheets,
New York
dolls, per lb._
Rye, No. 2, Minneapolis
dolls, per bu_.
Sheep, ewes, Chicago
dolls per 100 Ibs
Sheep, lambs, Chicago..
dolls, per 100 Ibs
Shoes, men's black calf blucher,
Boston
dolls, per pair-Shoes, men's dress welt, tan calf,
oxford, St. Louis
dolls, per pair-Shoes, women's black kid,
McKay sewed
dolls, per pair..
Silk, raw, Japanese, 13-15, New
York...
.dolls, per lb._
Silk goods, composite
dolls, per yd._
Steel beams, mill, Pittsburgh. dolls, per cwt_.
Steel, crude:
Composite, finished steel
dolls per 100 Ibs
Iron and steel, composite
_
dolls, per long ton
Steel billets, Bessemer. dolls, per long ton..
Steel scrap, Chicago dolls per gross ton
Structuial steel beams. dolls, per 100 Ibs..
Structural steel beams..
rel. to 1926 ..
Sulphuric acid
..dolls, per ton._
Sugar:
Retail average, 51 cities
rel. to 1913..
Retail granulated, New York.dolls. per lb._
Wholesale, 96° centrif., New
York
_
dolls, per lb_Wholesale, granulated, New
York
_
dolls, per Ib..
Tea, Formosa fine, New York.. dolls, per lb_.
Textiles, general
rel. to 1926..
Tin, wholesale, straits,
New York..
dolls, per lb.-




1931
Decem- Novem- October Septem- August
ber
ber
ber

Febru- January
ary

14.50
15.26

14.63
15.36

15.00
15.55

15.00
15.86

15.00
16.02

15.25
16.23

15.50
16.32

15.50
16.38

15.50
16.38

15.50
16.40

16.25
16.64

16.50
16.75

16.50
16.72

16.89

17.02

17.36

17.46

17.76

18.39

18.76

18.76

18.76

18.76

18.76

18.76

18.26

.051

.052

.055

.060

.071

.080

.075

.075

.082

.083

.082

.090

.094

.0315

.0371

. 0375

.0379

.0394

.0396

.0440

.0440

,0440

.0392

.0382

.0441

.0453

88.4

76.5

77.5

78.6

78.8

80.7

83.4

90.3

89.8

87.8

88.1

88.4

.33

.33

.32

.32

.32

.35

.39

.40

.37

.37

.37

.37

.37

.266

.271

.298

.320

.323

.330

.337

.348

.350

.352

.356

.356

.352

.067

,065

.067 !

.071

.075

.073

.076

.083

.091

.086

.088

.092

.095

i

9.90

10.25

11.40

11.09

11.23

11.21

11.27

10.97

10.64

11.25

11.64

12.12

12.68

21.87

22.49

22.84

23.51

24.35

25.63

25. 48

25.29

25.76

25.98

28.33

29.74

31.14

21.22

25.16

25. 16

26.31

26.31

26.49

27.21

27.68

27.82

28.15

28.82

28.32

29.66

.130

.130

.145

.157

.164

.156

.148

.144

.129

.129

.143

.160

.169

.157
7.606
4.22
3.25
5.79

.160
7. 975
3.77
2.98
5.38

.168
8. 969
3.91
2.06
5.09

.172
9.344
4.22
2.00
4.89

.175
10.200
4.64
2.00
4.98

.173
9.250
5.41
1.63
5.70

.165
8.656
5.71
1.63
5.94

.158
8. 620
6.35
1.98
5.95

.145
7.250
6.24
2.56
6.06

.145
7.320
6.39
1.55
6.98

.155
7,675
6.40
2.44
8.36

.172
8.563
7.08
3.29
8.76

.180
9.075
7.18
3.79
8.27

.144

.147

.138

.153

.172

.182

.186

.185

.173

.174

.182

.184

.187

.157

.160

.168

.172

.175

.173

.165

.158

.145

. 145

.155

.172

.180

175
2.98
52.7

.35
4.75
2,98
55.4

.35
4.75
3.00
53.8

.35
4.75
3.00
53.5

.35
4.75
3.00
53.7

.35
4.75
3.00
56.8

.35
5. 00
3.00
58.0

.35
5.65
3.10
59.4

.35
5.65
3.20
58.9

3. 30
60.6

.35
5.65
3.50
65.1

.40
5.65
3.50
67.1

.24
47

.25
47

.25
49

.26

.23
47

.22
51

.21
62

*68

.27
64

.28
68

.30
72

.31
71

.37
4.75
2.80
.22
46

61

.095

.093

.128

.134

.133

.127

.119

.105

.106

.110

.128

.145

145

53. 000

53. COO

53. 000

57. 000

57.000

57. 000

57, 000

57. COO

57. 000

57. 000

57. 000

57. 000

57. 000

.710

.710

.710

.710

.710

.560

.560

.434

.238

. 300

.530

.530

5Q4

.135
.044
.167

.335
.123
.045
.161

.325
.123
.046
.153

.338
.128
.044
.164

.350
.143
.041
.181

.338
.143
.039
.200

.319
.143
.039
.198 ,

.280
. 133
.038
.134

.294
.133
.038
.110

.385
.133
. 042
.112

.463
.133
.045
.118

. 488
.133
.048
.125

.510
.133
.051
.134

16.89
.457

17. 02
.448

17.36
.471

17.46
.457

17.76
.453

18.39
.458

18. 76
.601

18.76
.767

18.76
.825

18.78
.753

18.76
.870

18.76
.908

18.26
.849

.75
3.44

.75
3.23

.75
3.30

. 75
3.61

.75
3.96

.75
3.80

.75
3.87

. 75
3.94

.75
4.28

.75
4.68

.75
4.70

.75
4.73

.75
4.64

.033
.47
3.25
5.79

.039
.46
2.98
5.38

.044
.46
2.06
5.09

.046
.45
2.00
4.89

.046
.51
2.00
4.98

.050
.41
1.63
5.70

.050
.39
L63
5.94

.054
.38
1.98
5.95

.063
.37
2.56
6.06

.063
.37
1.55
6.98

.064
.36
2.44
8.36

.064
.35
3.29
8.76

.077
.36
3.79
8.27

5.750

5.750

5. 750

6.250

6.311

6.55

6.75

6.75

6.75

6.75

6.75

6.75

6.75

4.35

4.35

4.35

4.35

4.35

4.35

4.49

4.60

160

4.60

3.000

3.000

3.000

3.000

3.150

3.150

3.150

3.150

3.150

3.250

3.250

3.250

3.250

1.617

1.891
.94
1.53

1.953
.96
1.51

1.970
.96
1.60

2.315
.98
1.60

2.266
.98
1.60

2.315
.98
1.60

2.512
.98
1.60

2.364
.98
1.65

2.463
.99
1.65

2.266
.99
1.65

2.266
.99
1.65

2.561
.99
1.65

"I." 56"
2.17

2.11

2.11

2.16

2.18

2.18

2.20

2.19

2.20

2.19

2.21

2.22

2.23

29.62
27.00

1.56
79.7
15.50

29.56
27.00
7.156
1.53
77.9
15.50

29.98
27.75
7.500
1.51
77.2
15.50

30.32
28.80
7.800
1.60
81.7
15.50

30.61
29.00
8.000
1.60
81.7
15.50

30.81
29.00
8.000
1.60
81.7
15.50

31.03
29.00
8.200
1.60
81.7
15.50

31.05
29.00
8.375
16.0
81.7
15.50

31.05
29.00
8.750
1.65
84.3
15.50

31.02
29.00
8.750
1.65
84.3
15.50

31.39
29.50
8.875
1.65
84.3
15.50

31.61
30.00
9.813
1.65
813
15.50

31.66
30.00
10.000
1.65
84.3
15.50

95
.049

98
.051

98
.051

100
.051

102
.052

102
.052

104
.052

104
.053

102
.051

102
.050

102
.050

104
.050

106
.051

.028

.029

.031

.032

.034

.034

.034

.035

.035

.033

.032

.033

.033

.043
.225
67.4

.044
.225
68.2

.043
.225
70.0

,2320

,2512

,2707

.040
.203

.041
.215
59.8

.041
.215
59.9

.042
.217
60.8

.044
.225
62.2

.045
.225
63.0

.045
.225
64.5

.046
.225
65.5

.046
.225
66.5

.044
.225
66.6

.2186

.2203

. 2184

.2135

.2281

.2276

.2468

.2575

.2502

.2341

25

SURVEY OF CURRENT BUSINESS

May, 1932

MONTHLY BUSINESS STATISTICS—Continued
Earlier data for items shown here may
be found in the 1931 Annual Supplement to the Survey

March

WHOLESALE PRICES— Continued
Turpentine gum,
New York
„
_.. dolls, per gal.,,
0.45
Wheat:
No. 1, northern spring,
.70
Minneapolis
dolls, per bu.~
No. 2, red winter,
St. Louis
_
dolls, perbu..
.56
No. 2, hard winter,
Kansas City
dolls, per bu,_
.51
Wheat flour:
Standard patents,
4.37
Minneapolis
dolls, per bbl
Winter straights,
3.09
Kansas City
dolls, per bbl
Wool:
.52
Raw, territory, fine, scoured.dolls. per lb-..
Raw, Ohio and Pennsylvania, fleeces, H
.19
blood, combing grease
dolls, per lb_.
1.400
Suiting, 13 oz
dolls, per yd._
Women's dress goods, French serge,
.900
54-in., at factory
dolls, per y d _ _
.880
Worsted yarns
dolls, perlb.. 0279
Zinc, prime western
dolls, per Ib
FARM PRICES
50
Cotton and cottonseed (2)
rel. to 1909-14
72
Dairy and poultry products (4)jrel. to 1909-14-.
73
Fruits and vegetables (6)_.
rel. to 1909-14..
51
Grains (5)
rel. to 1909-14 .
Meat animals (5)
- rel. to 1909-14 _.
09
4G
Unclassified (5)
rel. to 1909-14
All groups (27)
. rel. to 1909-14 61
RETAIL PRICES
Retail food index (Dept. of Labor).rel. to 1913.. 105. 0
182. (i
Retail coal index (Dept. of Labor) .rel. to 1913.
AIRPLANES
Deliveries, military
number
Exports, during month
_ number
Production:
Commercial aircraft
number
Manufactured for export
- .number .,
AUTOMOBILES
Production index (Fed. Res. Bd.)
rel. to 1923-25..
28
Production index (elect, energy consumed)
rel. to 1923-25-09. 2
Passenger cars and trucks:
Production, actualCanada—
TotaL, ..no. of cars.. 8,318
Passenger cars
no. of cars. - 6, 604
Trucks
no of cars . 1,714
United StatesTotal
no. of cars_. 118, 959
Passenger cars
no. of cars_. 99, 325
Taxicabs
_ .no. of cars. _
74
Trucks
no, of cars.. 19, 560
Electric industrial trucks and tractors:
Shipments —
Domestic
number _
20
Exports
..
number-.
Autos, parts and accessories, export value
thous. of dolls.. 9,346
Exports (assembled):
From CanadaTotal
no. of cars_567
Passenger cars
no. of cars-_
237
Trucks
no of cars
330
From United StatesTotal
no. of cars.. 8,724
Passenger cars
no. of cars. . 5, 541
Trucks
_.no. of cars.. 3,183
Financing:
United StatesWholesale dealers
thous. of dolls.. 34, 204
Total consumers
thous. of dolls__ 51,319
26, 986
New cars
thous of dolls
22, 853
Used cars
_ thous. of dolls
Unclassified
thous. of dolls__
1,481
CanadaTotal new and used cars
and trucks
.thous. of dolls.
New cars and trucks. -thous. of dolls. _
Used cars
thous. of dolls. _
New passenger-car, registrations
_ __
no. of cars.
Sales (General Motors Corp.):
Total to consumers, U. S
no. of cars_- 48, 717
Total to dealers, U. S
no. of cars. . 48, 383
Total to dealers, including Canadian and
overseas
no. of cars.. 59, 696
Fire-extinguishing equipment:
ShipmentsMotor vehicles
number..
41
Hand types „
number
17, 665
Accessories and parts, shipments:
Accessories...
rel. to Jan., 1925_.
Original equipmentrel to Jan., 1925
Replacement parts
rel. to Jan., 1925__
Service parts
rel. to Jan., 1925.. ~""~7>48~
Jlim production...thous. of rims..
2
Revised.

115352—32

Decem- Novem- October Septem- August
ber
ber
ber

Febru- January
ary

July

June

May

1

April

March

1
:

0.39

0.40

0.39

0.36

0.37

0.36

0.39

0.55

0.54

0.66

0. M

,75

.75

.73

.80

,71

.69

.65

.61

.74

.81

.79

. V(i

.57

.57

.57

.62

.52

.47

.47

.48

.72

.79

.80

. 78

.54

.53

.52

.59

.48

.43

.43

.44

.68

.73

.73

.70

4.61

4.59

4.51

4.84

4.28

4.24

4.21

4.13

4.75

4.85

4.71

4. «:,7

3.30

3.40

3.22

3,03

3. 10

2.96

2.96

3.84

4.12

4.14

4.02

4.00

.57

.58

.58

.58

.58

.62

.63

.62

.62

.63

.65

.66

.21
1.400

.21
1.400

.21
1.400

.21
1.400

.21
1.400

.22
1.400

.23
1.490

.21
1.494

.20
1.494

.20
1.494

.22
1.494

,22
1. 543

.900
.900
.0282

.900
,925
.0301

.925
.931
.0315

9.25
.950
.0321

.925
.950
.0338

.925
.950
.0374

.925
1.00
.0382

.925
1.00
.0389

.925
1.00
.0342

.925
1.00
.0331

.968
1.00
.0372

1. 050
1.00
.0400

45
99
68
52
68
49
66

50
102
68
57
76
51
71

42
99
70
46
79
53
68

47
93
83
50
86
55
72

53
89
97
54
92
60
75

71
84
110
57
92
58
79

65
85
114
67
91
59
80

74
87
119
74
99
62
86

78
96
120
74
106
63
91

80
99
109
74
106
65
91

Hi. 3
189. 1

116.7
189. 1

119.1
189. 1

119.4
188. 7

119.7
186.1

119.0
184.3

118.3
180.8

121.0
179.4

124. 0
181.8

126.4
1S7. 7

75

54

87

57
11

56
18

44
15

77
21

58
11

63
8

93
9

61
11

60

100
10

100
11

164
18

215
15

262
21

291
11

208
8

188
9

47
77
68
51
65
47
60

105. 3
188.9

45 !
85
70
52
68 i
46
63

109.3
189.2

*35

45

66

36

26

40

52

60

65

78

77

67

85.3

83.6 i

78.1

65. 5

57.4

53. 7

43.6

55.9

71.3

89.7

90.8

94. 1

5. 477
4, 494
983

3,731 1
3, 112
619 1

2, 432
2,024
408

1,247
812
435

1,440
761
679

2,646
2,108
538

4, 544
3,426
1, 118

4,220
3, 151
1,069

6, 835
5, 583
1, 252

12, 738
10, 621
2,117

17,159
14,043
3,116

12,993
10,483
2, 510

119, 344 121, 541
96, 753
98, 706
97 ! 1, 144
20, 541 i 23,644

68, 867
48, 185
999
19, 683

80. 142
57, 764
651
21, 727

140, 566
109, 087
141
31, 338

187, 197
155, 321
104
31, 772

218, 490
183, 993
180
34,317

250, 640
210,016
360
40, 244

317,163
271, 135
340
45, 688

336, 939
286, 252
665
50, 022

276, 405
230, 834
410
45, 161

2117,418
94, 085
25
2 23, 308

2
2
2
2

0,40

26
0

29 i
0 !

21
1

19
2

16
1

39
4

37
13

63
15

50
25

69
0

48
23

84
9

7,433

6, 765 ;

7, 925

5,548

8,492

8, 658

10, 651

11, 525

12, 755

14, 174

18,004

» 18, 603

683
233
450

548 :
225
323

244
147
97

398
275
123

630
476
154

690
557
133

740
542
198

934
644
290

1,021
789
232

1,512
1,083
429

1,172
763
409

1,853
1,327
526

7,043
4,930
2,113

6,989
4,474 i
2,515 ;

9,086
5, 753
3, 333

3,112
1,928
1,184

7,707
3,207
4,500

8,748
4,577
4,171

8,055
5,699
2,356

9,996
6,478
3,518

10, 183
5, 843
4,340

12, 966
8,468
4,498

16, 727
11,228
5,499

17, 528
11, 526
6,002

29, 257
50, 432
27, 306
21, 860
1,267

15, 720
48, 569
25, 395
21, 891
1,283

25, 770
60, 692
33, 196
25, 882
1,614

35, 841
68, 285
38, 610
27, 581
2,095

43,943
79, 598
46, 866
30, 486
2,246

48, 853
95,911
59, 300
34, 126
2,484

58, 172
104, 642
63, 555
37, 988
3,099

72, 623
109, 372
68, 564
37, 782
3,026

71, 194
112, 982
70, 545
39, 546
2,891

63, 090
91, 997
55, 022
34, 689
2,287

1,827
824
1,003

2,146
982
1,165

2,662
1,324
1,338

2,614
1,239
1,375

2,907
1,418
1,488

4, 196
2,102
2,094

4,918
2,445
2,474

6,317
3,440
2,877

6,254
3,376
2,878

3, 543
1,890
1, 653

81, 853

85,684 | 77,564

75, 829

102, 659

124, 903

155, 744

194, 322

201,911

247, 727

265,732

200, 841

46, 855
52, 539

47,942
65, 382

53, 588
68, 650

34, 673
23, 716

49,042
21, 305

51, 740
47, 895

69, 876
62, 667

85, 054
78, 723

103, 303
100, 270

122, 717
136, 778

135,663
132, 629

101,339
98, 943

62, 850

74,710

79, 529

29, 359

25, 975

58, 122

70, 078

87, 449

111, 668

153, 730

154, 252

119, 195

76
19, 437

58
20, 624

80
24, 729

64
28, 720

81
26, 334

72
29, 895

90
29, 696

75
31,117

72
32, 538

76
34,248

66
59
94
49
714

73
48
102
60
638

80
37
129
69
282

66
54
138
67
505

66
70
127
79
924

57
79
124
85
813

61
91
122
102
1,085

61
129
128
117
1,508

66
127
127
118
1,718

65
117
110
115
1, 425

33, 276
44, 644
23, 623
19, 974
2 1, 264

34, 842
44, 629
23, 476
19, 974
1,179

•

i
«27
18, 787
53
61
81
57
726

39 \
19, 955 i
57
63
96
56
811

SURVEY OF CURRENT BUSINESS

26

May, 1932

MONTHLY BUSINESS STATISTICS—Continued
Earlier data for items shown here may
be found in the 1931 Annual Supplement to the Survey

1933

March

1931

Febru- January Decem- Novem- October Septem- August
ary
ber
ber
ber

July

June

April

May

March

CHEMICALS AND ALLIED PEODUCTS
Production index (Fed. Res. Bd.)
petroleum refining
rel. to 1923-25—
Production index (elect, energy
consumed)
rel. to 1923-25. _
Prices, wholesale
..rel. to 1926..
Stocks, manufactured goods,
end of month
rel. to 1923-25. .
Stocks, raw material, end of
|
month
rel. to 1923-25..

149

155

169

159

161

160

159

161

159

150

134.3
75.7 i l

118.2
76. 1

138.9
76. 1

142.0
75.6

144.6

76. 3

137. 6
76.9

137.7
78.9

132.7
79.4

133.8
80. 5

137.4
81.3

139.3
82.9

2 155. 0

148.0

126, 9

131, 9

127.0

120, 4

117.4

119.2

124.1

129.3

129.0

132.0

2 107. 2

115.9

124. 6

133. 9

120.7

99.5

85.3

86. 7

87.9

88.4

91.5

0(». 5

3, 182
3, 457
8, 836
2.00

3,195
2, 856
9, 111
2.00

2, 161
3, 466
8, 734
2.00

2, 226
3,035
10, 039
2.00

1. 529
2,172
10. 848
2.00 1

1,482
6.268
11,491
2.00

666
4, 777
16, 277
2.00

840
4,654
20. 389
2.00

1,853
3,856
24, 203
2.00

2,953
4,674
26, 206
2.00

4,400
5,160
27, 927
2.00

7, 452
4, 465
28, C87
2. CO

1, 118
7, 009

2. 065
7, 055

2, 818
6, 116

1, 250
4,801

1,821
5, 066

994
4,669

2,594
4, 977

1,036
3, 972

1,407
4,280

1,491
4,768

1,402
5, 265

1,957
5, 478

841
4,243

857
4, 388

j, 172
4, 295

1,126
4, 306

1,180
3, 907

1,252
3, 528

1,238
2, 616

997
2, 440

1, 024
2, 201

1,044
2,012

964
1,950

1. 506
2,181

10, 340

13, 224

14,002

14, 084

16,037

12, 952

12, 363

11, 975

13,111

13, 120

11,162

11,929

12,574

9, 153

5, 870

12, 690

15, 130

15, 885

17, 024

14, 888

16, 171

14, 711

13, 074

]8,o33

141
12S-5
75. 3

137. 1

156.4

mo. o

140

75, 5

Chemicals
Acetate of lime:
Production
thous. of lbs._
Shipments
,-thous. of lbs_.
Stocks, end of month
thous. of Ibs. .
Price wholesale
dolls, per cwt_.
Arsenic, crude:
Production
..short tons..
Stocks, end of month
short tons..
Arsenic, refined:
Production
short tons..
Stocks end of month
short tons
Ethyl alcohol:
Production
thous. of proof gals—
Warehouse stocks, end of
month
___thous. of proof gals..
Withdrawn for denaturization
thous. of proof gals..
Methanol, crude:
Production
.gallons..
Stocks at crude plants, end of
month
gallons. .
Stocks at refineries and in transit.-gallons..
Exports
gallons— 97, 940
Methanol, refined:
Price, wholesale, New York.dolls. per gal—
Production
gallonsShipments
gallonsStocks, end of month
gallonsPrice index numbers:
Crude drugs.
—rel. to Aug., 1914..
113
Essential oils
rel. to Aug., 1914—
59
Drugs and
Pharmaceuticals
rel. to Aug., 1914—
157
Chemicals
—
-rel. to 1927..
85
Oils and fats
- rel. to 1927 ..
4(
Plastic paints, cold-water paints, and calcimines:
Sales of —
Plastic paints
. . -thous. of dolls..
Calcimines
thous. of dolls. _
Cold-water paints
thous. of dolls. _
Paint, varnish, and lacquer products:
Total sales (315 establishments)
thous of dolls
Trade sales
thous. of dolls. _
Industrial sales
..thous. of dolls..
Unclassified sales
.thous. of dolls. _
Sulphur, production (quarterly) ..long tons..
Sulphuric acid:*
Production
short tons .
Purchases—
From fertilizer manufacturers
short tons..
From nonfertilizer manufacturers
_ _ _
short tons .
Exports
.pounds..
Price, wholesale 66° ... .dolls, per ton "~15.~500~
Synthetic dyes, imports
pounds 482, 545
Wood at distillation plants:
Consumption
_
cords. _
Stocks, end of month
cords..
Daily capacityAll plants
_ _.
cords
Plants shut down
cords..
Cottonseed
Cottonseed:
Consumption (crush) _ _ . .short tons 512, 469
Receipts at mills
thous. of short tons..
300
Stocks at mills, end of month
_ _ __ . thous. of short tons
704
Cottonseed cake and meal:
Exports
short tons
12, 159
Production.
short tons 230, 261
Stocks, end of month
short tons 204, 303
Cottonseed oil, crude:
Production
thous. of lbs_. 163, 907
Stocks, end of month
thous. of Ibs 129, 328
Cottonseed oil, refined:
Factory consumptionTotal (quarterly) _ _
thous. of lbs._
In oleomargarine
thous. of lbs_.
Price, yellow, prime, New York
dolls, perlb..
.040
Production
thous. of lbs._ 136, 804
Stocks, end of month
thous. of Ibs— . 682, 487
* By 74 fertilizer companies operating




|

i

6, 2t>5

8, 574

19, 350

15, 515

1 5, 564

13,076

11, 637

10, 436

10, 491

10, 288

10, 541

8, 795

230, 324

206, 739

219, 238

206,416

1S3, 851

133, 507

113, 892

154, 473

182, 273

247, 808

322, 049

4b3, 222

313, 985
234, 124
39, 434

294, 375
231, 491
36, 653

300, 425
131,235
54, 535

410, 439
118, 986
37, 473

466, 975
117,000
80, 065

378, 991
106, 103
30, 455

395, 907
145, 400
42, 300

452, 489
157, 094
61, 240

526, 543
98, 000
59, 950

494, 192
130, 207
52, 048

520, 865
36, 176
54, 857

415, 489
105, 238
30, 146

.37
119,620
125, 361
266, 244

.35
148, 731
102, 452
271, 985

.35
141,873
154, 262
225, 706

.35
87, 486
89, 704
238, 095

.35
56, 474
105, 060
240, 318

.35
56, 519
98,431
288, 899

.35
65, 311
129, 822
330, 811

.35
91, 696
122, 846
395, 322

.35
107, 331
110,454
426, 472

.35
118,052
257, 707
429, 595

.35
211,073
141, 801
569, 250

40
253, 494
399, 500
499, 978

116
59

116
57

116
59

117
61

118
65

118
70

118
76

118
77

128
77

130
79

131
82

130
81

157
86
47

157
8G
47

157
86
49

157
86
51

157
86
47

157
86
51

157
86
62

157
88
68

157
88
64

157
89
68

160
90
72

174
90
71

52
94
58

57
297
253

41
71
43

67
99
52

145
65

64
102
81

67
122
73

51
127
83

75
141
86

109
165
106

91
162
.104

llfi
175
90

11,256 210,871
6, 563 2 6, Hi
4, 626 2 4, 697
67
54

9. 555
5, 036
4,478
41

11,419
6, 915
4, 453
50

13, 956
8,499
5,370
86

14, 680
8,956
5, 638
86
3 539,231

14, 242
8,392
5,764
85

15,112
8,802
6,235
75

19, 126
12,011
7,031
84
3 608,730

22, 600
14, 430
8,071
100

21,689
13, 477
7,999
213

17, 972
10, 461
- 7, 431
81
3
649, 595

117, 613

108, 782

99, 654

106, 751

102, 632

110, 599

92, 895

90, 772

105, 250

116,447

146, 458

8,795 2 15, 865

14, 644

18, 665

18, 802

12, 988

13, 412

14, 709

25, 176

26, 565

15, 424

7,670 2 14, 554
188, 887 349, 100
15. 500
15. 500
430, 298 298, 267

15, 906
262, 548
15. 500
200, 742

14,119
319,733
15. 500
440, 679

14, 553
182, 849
15. 500
371, 392

9, 655
155, 018
15.500
462, 346

15, 967
64, 620
15. 500
454, 165

23, 006
372, 945
15. 500
356, 106

18, 876
250, 775
15. 500
399, 213

14, 601
403, 298
15. 500
675, 058

15, 844
310, 950
15. 500
502, 248

26, 189
200, 218
15, 500
218, 844

30, 538
321,890

21, 453
323, 547

23, 583
324, 704

22, 136
316,530

21, 885
257, 946

15, 596
270, 605

12, 123
337,017

14, 364
326, 990

19, 363
338, 821

24, 444
335, 809

31, 458
379, 562

48, 607
370, 449

2,472
606

2,472
794

2,472
771

2,505
763

2,505
1,167

2,505
1,315

2, 505
1,499

2,505
1,335

2,505
1,008

2,505
752

2,505
632

2,499
388

530, 078
268

589, 363
369

718, 769
549

866, 694
1,259

862, 032
1,570

451, 324
875

59, 148
95

21, 424
13

42, 951
30

85, 851
34

157, 477
45

279, 622
110

104, 573

2

'

917

1,179

1,400

1,585

1, 193

484

60

25

33

46

97

210

5,792
237, 056
230. 677

23, 187
266, 534
217, 666

38, 563
322, 283
202, 496

56, 060
387, 573
167, 359

39, 829
385,190
137,683

10, 260
201,517
118,845

3,590
28, 206
106, 358

1,304
12, 347
146, 888

225
21, 849
192, 293

797
42, 290
224, 282

6,588
77, 626
252, 205

5,750
132, 588
302, 503

169, 826
130, 375

185, 977
133,629

226, 178
126, 761

270, 412
144, 485

269, 031 136, 699
1 1 5, 979 69, 745

17, 196
12,065

7,089
8, 086

14, 175
17, 329

28, 022
33, 056

52, 002
43, 602

90, 132
71, 148

3 232,420
3297,179 -.-..-_.
1, 154
~~"l~480~
1,530

---

~~T 297"

.040
161,114
632, 618

1,363

.039
155, 577
655,311

lO^planl s.

.042
226, 651
489, 866

.047
226, 631
346, 559

.045
206, 643
231,079

* Revise d.

,044
63, 989
173, 945

876~

. 059
.069
16,010
11,908
212,371 277, 837

3 276, 906
3 242,191
1,012 """I," 200 ""I, ~447
1,621

.068
30, 375
3-19, 276

.069
36, 753
406, 376

? Quart er ended in month indicated

.076
75, 847
462, 840

.076
116, 564
493, 760

27

SURVEY OF CURRENT BUSINESS

May, 19:52

MONTHLY BUSINESS STATISTICS—Continued
Earlier data for items shown here may
be found in the 1931 Annual Supplement to the Survey

1932

1931

|^u- January Decem- Novem- October
ber
ber

F

March

Se

^m' August

July

June

May

April

25, 058
25, 068
25, 150
20, 304

26, 719
25, 981
26, 611
20, 404

26, 441
26, 960
27, 379
21, 115

28, 721
27, 647
28, 000
20, 639

March

CHEMICALS AND ALLIED PRODUCTS— Continued
Explosives
Explosives, black powder, permissible and
other high explosives:
New orders
thous. of Ibs
Production
thous. of Ibs !
Shipments
thous of Ibs
Stocks, end of month
thous. of lbs_.
Fats and Oils
Animal fats (quarterly):
Factory consumption
thous. of lbs__
Production .
thous. of Ibs
Stocks, end of quarter
thous. of Ibs
Animal glues:
Production (quarterly)
thous of Ibs
Stocks, end of quarter
thous. of Ibs. _
Coconut or copra oil:
Factory consumption —
Crude (quarterly)
thous. of Ibs
RefinedTotal (quarterly) thous. of lbs__
In oleomargarine
thous of Ibs..
Imports
thous. of Ibs
Production (quarterly)—
Crude.- . _ - _
thous. of Ibs
Refined
thous. of lbs__
Stocks, end of quarterCrude
thous. of Ibs.. i
Refined
thous. of lbs__i
Copra:
|
Factory consumption (quarterly)
1
_
short tons
Imports.
„ _ _ short tons
Stocks, end of quarter
short tons _
Edible gelatin:
Production (quarterly) __. _ -thous. of Ibs __
Stocks, end of quarter
thous. of Ibs
Fish" oils:
Factory consumption (quarterly)
thous. of Ibs_.
Production (quarterly)
thous. of Ibs..
Stocks, end of quarter
thous. of lbs__
Greases:
Factory consumption (quarterly)
thous. of lbs._
Production (quarterly)
thous. of lbs_.
Stocks, end of quarter
_ .thous. of Ibs
Lard compounds:
Production (quarterly)
thous. of Ibs
Stocks, end of quarter
_thous. of Ibs
Oleomargarine:
Consumption
thous. of Ibs
Production..
thous. of Ibs
Vegetable oils:
Exports
. .thous. of Ibs
Factory consumption (quarterly)
. _ mills, of Ibs
Imports
thous. of lbs__
Production (quarterly)
..mills, of Ibs
Stocks, end of quarterCrude
thous. of Ibs.Refined
_ -thous. of Ibs
Fertilizer
Consumption, Southern States
thous of short tons
Imports:
Total
... _ _
long tons
Nitrogenous
long tons
Other fertilizers ..
long tons
Phosphates
long tons
Potash
long tons
Exports:
Total
long tons
Nitrogenous
. long tons
Other fertilizers
long tons
Phosphate material
long tons ~
Prepared fertilizer
_ long tons
Nitrate of soda, imports thous. of long tons
Superphosphate (acid phosphate) :
j
Production
thous. of short tons
Shipments
thous. of short tons
Stocks, end of month
thous. of short tons

17,655
18, 064
17, 488
18,530

19,095
18, 175
16, 148
18,025 j

18, 648
18, 595
18, 087
18,712

;

3
3

3

_ ._
10,361 12,749
31,655 ! 19,376

3
3

. _

3
3
3

3

78, 039
14,027
16,589

13.201
2.:, IStJ

13,851)
30,784

68. 702
70, 170

3

23,805 j 23,955

3

53 8f<0
15, ()22
25, 106
3

:

!

4, 574
8 312

i

3
40, 893
3
17, 677
3 237, 933

1

3

!

:
|_
:

:

3

17. 703
18, 973
21, 426

18,351
17,232

19,892 !
20,388

6,163 ;

3

i

3
3
3

67,169

56,509 j

3
3

644
40, 060
14, 236
41,834
75, 732
2, 559
1,372
71, 720
81

365 i

172

62,989 ' 89,070
2 40, 132
63, 041 ,
2,944 ;
4,244 •
5.355
5,517 •
35,729 ! 12,245 ,
98.058
31,869
952
65,104
133
8

i 79,242
i 19,600
! 1,419
1 58,200
|
22
i
34

177 !
99 |

1,691 !

187 i
75

1,639

3

8, 466
15, 970

11, 329
26, 862

3

3

20, 207

18, 012

3

63, 434
17, 179
17, 491
3

1, 625
fi43

3

3

-

3

17, 871

18, 927

3
3
3

71,229
25, 890
27, 167
3 4, 549
3 8, 642

3
44, 620
3
11,587
3 215, 405

"i

s

55, 715
94, 985
83, 074

3
3

278,216
25, 140

276,713
21, 718

3

4 415
8 647

54, 465
3
4, 647
262, 106

—

201 932
16,869

3

3

52, 497
29. 847

75, 479
12, 086
27, 550

3
9 1,446
s (5(5 9fi#

81, 899
3 gj 351

3206,123
3
16, 039

138, 255
3

78, 348
7,105
31, 000

23, 348
54, 991

53 346
95, 948
79 012

3291,386
3
26, 081

3

16, 483
16, 075

9,289
11,271

13, 180
12, 636

15, 460
14, 912

17,150
19, 618

19, 573
21, 154

1,814

455

1,025

1,008

1,775

2,356

2,154

3,831

59, 225

3489
50, 633
3 441

72, 280

52, 463

3 390

3
829
68, 23S
3
674

517,909
386,176

3610,812
3
531,666

23, 401
23, 965

1, 230

1,070

s 679,049
3
525,448

'

3

19,499
18, 836

22, 838
22, 138

66, 677

6, 169
34, 845

247. 638

3

62, 669

9,473
18, 228

3

23, 357
58, 757

139, 128

3

' 51, 941
3
90, 056 —
3 81 072

22, 831
23, 173

1, 057
56, 748
3
1 033

3

3 fi

i

306,559
24, 757

2,461

3

26, 730
25, 414
26, 598
20, 929

3
154,951
3618,459
3
224, 398

166, 069
559, 588
276,983

3

137 730

3
49 024
19,352 ! 19,832
i 3 23, 795

49, 688
s 94, 569
391,019
3

3

i 2 201, 036
_ . ; 3 17,516

3

1

3

3
61 388
' 3 68, 682

i
1

20,953

3

20, 847
61.848

3 7s 4qp}
10,947
29,455

;

25, 437
24, 548
24, 867
19, 956

176, 221
49 1,837
230, 999

3
3

21 548
67, 474

3 188, 3."-2
3 14, 800

-•-

-

25, 803
26. 598
27, 408
17, 888

142. 435
3

21,400

26, 970
25, 282
25, 610
18, 151

3173,389
3576,013
3222,583

_

11,429
20,909

22, 657
24, 509
24, 035
18, 264

3 588

63,096 | 74,285

75,470
3

--- 3 591,342
3
209 759

3

67

66

94

91

40

25

74

195

1,132

2 1,353

70, 754
51, 670
3,202
3, 884
11, 998

77, 849
52, 837
6, 583
12] 872

120, 822
61, 904
5, 516
3,331
50, 071

146, 700
70, 022
4, 063
6, 175
66, 440

127, 599
47, 935
4,763
9, 858
65, 043

97, 358
24, 730
902
3,768
67, 958

59, 970
37, 998
3,983
3, 339
14, 650

72, 159
46, 602
3,019
4,832
17, 706

143, 250
102, 342
5,124
5,578
30, 206

255, 9')n
170, 587
9, 766
15, 158
60, 394

80, 469
11,877
9,179
59, 213
200
17

81, 703
3, 284
1,567
76, 785
67
30

94, 416
13, 452
5, 550
75, 114
300
34

127, 953
7, 554
3,863
115, 621
915
49

115,207
7,682
1,425
105, 717
383
35

89, 409
7,078
1,164
80, 670
497
19

89, 194
7,690
1,926
79, 472
106
30

107, 918
6,637
9,498
91, 049
734
34

150, 128
25, 146
10, 829
113, 017
1,136
67

112,725
19,819
7, 755
84, 682
469
120

188
65

143
52

141
85

142
119

162
58

143
63

146
55

162
106

195
407

226
305

1, 518

1,388

1,285

1,237

1,275

1,158

1,060

996

1,101

1, 836

Flaxseed
Flaxseed, imports
thous. of bu
744
1,104 i
720 :
196
Linseed cake and meal:
Exports
thous. of lbs~ 38, 1 10 34,265 j 20,563
32, 838
Shipments from Minneapolis
__
.thous. of Ibs—
14, 518
6,528 . 9,773
Linseed oil:
Factory consumption (quarterly)
3
thous. of Ibs """"."646"
57, 354
Price, New York...
dolls, per lb_.
.071
~~"~665~:"~~~667~:
3
Production (quarterly)
. thous. of Ibs
130 479
Shipments from Minneapolis
..thous. of lbs_3,152
4,440
4,782
Stocks at factories (quarterly)
|
; a 154,490
thous of Ibs
2
R evised




1,234

1,468

2,469

1,339

1,685

1,150

1,496

827

1,313

42, 782

49, 027

48, 615

57, 736

53, 225

39, 769

38, 172

30, 818

39,847

18, 019

14, 354

17, 385

13, 972

11,414

7,653

8,432

12, 145

17, 827

70, 504
.076
141,205

.083

.091

3
95, 544
.086
3 130,635

.088

.092

3
74, 092
.095
3 118,417

6,806

5,675

6,285

6,788

11, 921

12, 792

11,552

3

. 075

4,125

. 073

4,410

3

3 107,508
8

Quarter ended in nlonth ind icated.

3

78, 200

> 11 3, 192

28

SURVEY OF CURRENT BUSINESS

May, 1932

MONTHLY BUSINESS STATISTICS—Continued
Earlier data for items shown here may
be found in the 1931 Annual Supplement to the Survey

1933

M arch

1931

Febru- January Decem- Novem- October Septem- August
ary
ber
ber
ber

July

June

May

April

March

CHEMICALS AND ALLIED PRODUCTS— Continued
Flaiseed— Continued
Minneapolis and Duluth;
Receipts—
Shipments
Stocks, end" of month
Oil mills (quarterly)—Consumption
Stocks end of quarter
Price, No. 1, Minneapolis
Production, crop estimate

thous, of bu_.
thous. of bu
thous. of bu-_
thous, of bu__
thous. of bu_.
dolls, per bu..
thous. of bu__

Naval Stores
Pine oil:
Production
__gallons__
Stocks, end of month
thous. of gals_.
Rosin, gum:
Net receipts Southern ports
bbls
Price, "B," New York
dolls, per bbL_
Stocks at 3 ports, end of month
bbls..
Rosin, wood:
Production
_bbls_Stocks, end of month
bbls__
Turpentine, gum:
Net receipts, Southern ports
bbls..
Price, New York
. dolls, per gaL_
Stocks at 3 ports, end of month
bbls..
Turpentine, wood:
Production
bbls__
Stocks end of month
bbls

141
109

119
124
508

197
199
649

316
541
872

1,026
1,159
1,605

2,766
786
1,381

1,452
924
1,422

2, 436
406
747

789
501
790

378
386
675

3

456
424
784

3

1.32

7, 610
3 4, 241
1.37

1.41

49X
185
1,205

309
314
973
3

1.64

7, 205
3 1, 198
1.48

1.55

1.57

6, 571
3 2, 345
1.58

i.40

1.40

1.41

» 7, 112
3 3, 721
21.43
* 11, 018

102, 253
1,787

130, 046
1,724

162, 330
1, 789

169, 695
1,815

140, 690
1,829

176, 973
1,860

172, 539
1,845

114, 205
1, 866

210, 711
2,000

231, 207
2,013

210, 012
1,958

219, 053
1, 903

208, 690
1,882

31, 705
3, 44
347,591

29, 539
3.23
383, 354

28, 614
3.30
426, 508

93, 980
3.61
486, 863

95, 642
3.96
497, 438

101, 157
3.80
465, 466

116, 630
3.87
459, 588

129, 018
3.94
449, 173

156, 810
4.28
439, 241

165, 500
4.68
436, 480

120, 819
4.70
351, 548

88, 741
4.73
310, 576

38, 977
4.64
266, 05G

W, 540

20, 006
91, 762

23, 196
94, 331

23, 242
92, 258

21, 440
93, 142

26, 102
101, 537

25, 058
108, 350

17, 074
112, 295

28, 495
131, 942

34, 747
126, 289

33, 593
124, 830

35, 585
126, 534

33, 544
125,919

0, 190
. 45
73, 640

3, 808
.39
86, 679

5, 234
.40
101, 081

19, 844
.39
112,311

23, 147
.40
119,388

30, 849
.36
120,953

28, 995
.37
115, 178

37, 112
.36
114,421

53, 459
.39
122, 214

52, 345
.55
101, 905

37, 026
.54
66, 248

26,102
.56
53, 393

9,511
.53
45, 232

4, 329
5, 835

3,121
6, 132

3, 626
6, 392

3,733
6,002

3,547
5,143

3, 922
5, 231

3.797
4, 817

2,607
5,358

4,370
5,307

5, 675
4,535

5,996
4, 727

6,344
8,383

5, 740
9, 987

12, 12(5
4, 787

10, 277
5, 188

9,181
5,768

12, 028
5, 458

16, 116
5,021

18,356
4, 834

17, 143
4,761

16, 747
4,908

16, 795
4,398

19, 998
4,092

18, 001
4,360

16, 643
5,378

425

390

197

374

574

711

568

532

520

570

533

333

Hoofing
Dry roofing felt:
Production
short tons~_
Stocks end of month
short tons
Prepared roofing, shipments:
Grit roll
thous. of sqs__
ShinglesIndividual and single thickness
thous. of sqs,_
Strip, patented, and hexagon
thous. of sqs.Smooth roll .__
thous. of sqs._
Total
thous. of sqs_.

1.46

59

60

46

93

130

153

136

127

131

155

146

92

189
1,088
1,761

227
1,097
1,774

169
571
983

299
998
1,765

470
1,128
2,302

535
1,198
2,597

466
1,067
2,237

485
873
2,017

512
843
2,006

541
965
2,230

555
967
2,202

329
702
1, 45G

FOODSTUFFS
Production index:
Food products (Fed. Res.
84
Bd.)
.rel. to 1923-25. Food and kindred products
(elect, energy consumed) .rel. to 1923-25-- 1 14. 9
Stocks, manufactured
86. 9
foodstuffs
_-rel. to 1923-25..
Stocks, raw foodstuffs
-rel. to 1923-25 __ 196.4
Candy
Sales by manufacturers
___thous. of dolls... 17,443
Cocoa
Shipments from Gold and Nigerian
Coasts, Africa
_
...long tons.. 25, 614
Imports. _
- .
long tons.. 37, 244
Spot price, Accra, New York
dolls, per lb-_ .0455
Coffee
Clearances:
Total, Brazil for United
States
thous. of bags
Total, Brazil for world
thous. of bags..
Imports
__
thous. of bags _
Price, Rio No. 7, Brazil grades. __dolls. per lb._
Receipts, total Brazil
thous, of bags..
Visible supply:
United States
thous. of bags. .
World
thous. of bags..
Dairy Products
BUTTER
Apparent consumption.
_-.thous. of lbs__
Cold-storage holdings, creamery,
end of month
thous. of lbs_.
Production (factory)
thous. of Ibs
Receipts, 5 markets
thous. of lbs__
Whoiesale price, New York
dolls, per lb._
CHEESE
w,
Total, all varieties:
Apparent consumption
thous. of lbs_Cold-storage holdings, end of
month.
_. .thous. of Ibs..
Exports, Canada
thous. of Ibs..
Exports, United States
thous. of Ibs..
Imports, United States
thous, of lbs~
Receipts, 5 markets
thous. of Ibs—
Production (factory)
thous. of Ibs..
American whole milk:
Cold-storage holdings, end of
month
thous of Ibs
Wholesale price, New York. .dolls, per lb..
1
Revised.



290

94

98

91

92

93

88

87

83

89

95

87

129.5

127. 2

124.8

144.0

136. 5

142.0

146.4

147.0

136.2

126.8

122.0

116.8

289.4
193.5

»80.5
190. 9

75.7
201.0

66.5
206.8

68.1
211.8

81.3
204.4

97.4
213.1

111. 1
191.7

106.3
178.2

97.0
189.7

96.1
193.7

93.5
202.1

17,371

16, 870

22,909

23,206

24, 110

22,965

15, 558

12, 176

15, 512

15, 680

21, 608

22, 062

49, 330
29, 285
.0422

52, 105
16,641
.0432

44, 588
16, 343
.0425

23,080
8,288
.0494

7,256
8,152
.0475

6,663
14, 104
.0463

4,355
13, 546
.0525

7,783
17, 746
.0581

11,870
14,892
.0563

11, 720
22,520
.0494

33,864
20,242
.0535

48, 353
20, 942
.0550

622
1,098
1,220
.073
1, 721

646
1,097
1,149
.072
1,769

823
1,270
1,220
.071
1,580

818
1,507
1,203
.070
2,138

870
1,529
936
.063
2,319

805
1,485
907
.058
1,711

711
1, 263
794
.056
1,533

592
1,216
884
.056
1,495

530
1,161
1,100
.063
1,462

760
1,504
1,037
.068
1,535

643
1,333
1,415
.061
1,755

1,080
1,863
1,126
.053
1,550

849
1,559
1,407
.056
1, 565

1,219
5, 620

1,340
5,852

1,359
6,244

1,387
6,419

1,299
6,322

1,510
6,127

1,555
6,493

1,592
6,944

1,491
6,990

1,395
6,724

1,345
6,286

1,088
6,136

1,148
5,963

170, 544

156,087

157, 136

171,991

160, 638

187, 114

189,483

203, 731

197,659

207,978

220,758

186,041

175, 538

9, 034 2 15,243
127, 268 117,684
50, 140
49, 071
. 23
.22

22, 506
119,324
48, 895
.24

26, 643
121,054
47, 194
.31

42, 242
112,002
44, 925
.31

56, 229
121,052
43,857
.34

80, 152
118, 202
42, 863
.33

104, 678
136, 769
45,588
.28

115, 121
158, 126
58,522
.25

89, 172
190, 278
74,154
.23

35, 155
177,544
61,813
.24

17, 195
142,529
53, 566
.26

18,010
125, 189
48, 739
.29

45, 072

42,174

38,014

37,257

42,519

50,202

47,384

47,078

45,394

51,689

57,266

49,805

49, 271

48, 785
930
133
4,768
11,760
33, 744

2 55, 568
669
87
3,580
12,075
28,481

65, 728
752
157
3,739
11,361
26, 860

73, 289
3,893
170
5,195
9,304
26, 725

78, 565
11,022
140
6,057
10, 569
33, 424

81, 743
21,945
112
7,179
13, 588
41,480

83, 426
16,688
116
5. 515
11,949
38, 993

86, 418
11,929
124
4.389
14, 264
45, 127

84,003
11, 496
148
3, 413
14, 190
53,255

72,977
4,078
119
5,121
17,480
63, 725

55,939
1,517
139
5,856
12, 145
54,316

53, 172
505
121
6,471
11, 445
42,357

54, 270
491
208
4,611
11,717
37, 298

36, 782 * 41, 712
.13
.13

49,406
.14

55, 775
.14

60, 583
.15

63, 968
.16.

65,802
.17

68,874
.16

68, 532
.15

58, 144
.14

42,461
.14

40,542
.15

41, 836
.16

3

Quarter ended in month indicated.

* As of Dec. 1.

29

SUEVEY OF CURRENT BUSINESS

May, 1932

MONTHLY BUSINESS STATISTICS—Continued
1932

Earlier data for items shown here may
be found in the 1931 Annual Supplement to the Survey

March

FOODSTUFFS-Continued
Dairy Products— Continued
EGGS
Cold-storage holdings, end of month:
Case
thous. of cases
Frozen
thous of Ibs
Receipts, 5 markets
thous. of cases..-

689
68, 870
1,435

1931

Febru- January Decem- Novem- October Septem- August
ary
ber
ber
ber

258
2 68. 024
1,090

663
72, 439
936

MILK
Condensed milk;
Exports
thous of Ibs
2,310
1,404
922
Total stocks, manufacturers, end of
month —
C ase goods
thous. of Ibs
9,145
7,467
7, 573
Bulk goods
thous. of lbs__ 6,928
8,275
7, 911
Wholesale price, New York. dolls, per case..
4.75
4.75
4.75
Evaporated milk:
Exports
thous. of Ibs
4,502
f 4, 064
4,227
Manufacturers' stocks, end of monthTotal case goods
thous. of lbs_. 101,388 116,859 127, 883
Wholesale price, New York.dolls. per case,.
2.98
2.98
2.80
Fluid milk:
Consumption in mfr. of
4,265
oleomargarine
thous. of lbs_.
5,106
Production, Minneapolis and
St. Paul
thous. of lbs._
7,883
7,820
Receipts —
Boston, including crearn thous. of qts..
18, 337
19,267
Greater New York
thous. of qts__
117,829
Powdered inilk:
Exports
thous. of lbs._
261
251
279
Manufacturers' stocks, end
of month
_
_
thous. of Ibs.
24,963 H25 QgQ
Net new orders
thous. of lbs_. 9, 501 2 7, 973 1 8, 126
Production, condensed and evaporated milk ._
_
thous. of Ibs. 134, 226 131, 696 131,118
Exports, condensed and evaporated
milk
thous. of Ibs
6,812
5,468
5,149

July

June

May

April

March

1,475
79, 198
652

3,447
86, 407
578

5,745
94, 816
722

7,960
103, 302
943

9,016
110,271
1,053

9,504
114,700
1,180

9,507
113,513
1,862

7,887
106, 607
2,236

5,162
91,517
2,478

1,893
78,051
2,046

1,233

1,443

1,180

1, 309

1,477

1,862

1,372

1,973

1,853

1,873

12, 506
7,929
4.75

15, 130
8,607
4.75

17, 264
10, 032
4.75

20, 349
11,007
4.75

22, 504
15,001
5.00

24, 071
16, 221
5. 65

23, 998
18. 992
5. 65

19, 892
19,163
5.65

12, 390
15, 887
5.65

13, 227
16,273
5. 65

4,367

4,240

3,610

3,659

4,466

5,892

5,024

5, 114

5,311

5,034

132,011
3.00

139, 844
3.00

129, 802
3.00

136, 408
3.00

181, 745
3.00

275, 931
3. 10

275, 280
3.20

230, 739
3.30

177,754
3.50

150, 931
3.50

5,948

5,625

6,142

4,849

4, 199

2,943

3,432

3,791

5,387

5,927

31, 732

26, 854

25, 224

21, 751

24,012

27, 436

33, 978

36, 244

32, 654

36, 245

19, 028
118, 763

18. 529
116, 628

19, 558
121,940

19, 598
122, 776

20, 545
122, 447

21,615
127, 988

21,021
21,023
124,491 |124, 180

19, 877
117, 399

20, 312
120,002

725

712

970

854

1,047

9G4

1,085

1,369

1,414

2,282

24, 198
8,488

23, 305
8,494

23, 572
9,914

26,711
14, 331

35, 922
11,062

38,216
11,816

42, 628
11,109

43, 148
11,047

40, 502
12, 145

41, 363
10, 606

116,379

115, 920

139, 197

119, 741

137, 085

174, 207

232, 389

242, 688

195,021

178, 395

5,600

5, 683

4,790

4,968

5,943

7,754

6,396

7,087

7,164

6,907

87, 338
445

64, 975
433

83, 848
430

100, 138
539

91,873
632

69, 327
902

59, 996
524

47, 423
340

59,883
384

91,083
290

101,817
334

64, 478
15, 749

2 72, 362
14,155

» 74, 725
20, 808

73, 018
24, 947

68, 083
28, 439

57, 518
33, 612

48, 350
28, 626

39, 700
25, 655

31,283
24, 599

28, 095
30, 949

2

7,414

6,617

11, 563

16, 181

9,162

8,041

7,587

5,692

6,549

6,446

10, 717

2, 035

2 3, 220

21,217

2 2, 071

2 3, 096

2 5, 753

Fish

Canned salmon:
Exports, Canada
cases.. 124, 581 105, 113
484
Shipments, United States.thous. of cases-Cold-storage holdings, 15th of
month
thous of Ibs
50, 661
35, 534
Total catch, principal ports
thous. of lbs_.
20, 318

2

34, 567
30, 081

Fruits and Vegetables
Export value, fruits and preparationsthous. of dolls
Apples:
Car-lot shipments
carloads
6,396
Cold-storage holdings, end of
month
thous. of bbls__
Production, crop estimate thous. of bu
Citrus fruits, car-lot shipments
carloads
16, 672
Onions, car-lot shipments.
carloads
838
Potatoes, car-lot shipments
carloads
24, 581
Production, crop estimate
.thous. of bu_.

6,978
8,197

231,470 2 13, 037

2

8,149

2 7, 247

2 14, 516

10, 043
* 211, 506
15, 614
2,198
13, 138
4
376, 248

11, 399

10, 705

2,143

81

62

137

577

1, 509

2,917

13, 439
2,318
14, 419

9,493
4,078
24,760

5,896
4,013
17,701

6,144
2,344
11, 968

9,856
1,714
20, 289

11, 076
2,169
27, 272

16, 513
3,762
24, 078

16, 608
2,475
21, 461

19,919
2,523
23, 885

12, 578

14, 999

17, 296

13, 124

13, 439

18, 750

13, 161

11,224

8,118

6,061

276
.51
* 198, 965
1,653
2,005
4,030
4,226

234
.51

768
.50

717
.50

1,014
.45

678
.42

807
.39

896
.45

776
.48

745
.44

2,344
4,963

5,406
4,770

5,152
4,138

5,088
4,089

1,801
3,449

2,193
4,126

2, 523
4,626

2,446
5,662

2, 484
7,840

177
5,130

120
4,630

508
6,348

256
6,318

165
5,912

201
4,665

556
5,168

123
5,738

151
5,580

206
5,492

534
5,441

.37

.43

.38

.42

.46

.57

.58

.56

.58

.60

.46
.43

.40
.39

.46
.44

.45
.49

.53
.58

.52
.59

.52
.56

.53
.58

.54
.60

II, 741
4,884
10, 079

14, 414
7,211
7,364

8,447
6,364
5,592

11, 320
6,561
8,271

16, 152
8,955
8,536

13,417
10, 589
7,785

11, 381
14, 855
12, 286

17, 102
14, 246
19, 676

18, 567
12, 281
21, 998

3,487
* 64, 233

3,692

5,094

3,959

5,001

3,495

3,052

3,777

4,198

4,519

255
1,151
.25
q,112,142

850
1,762
.26

857
1,506
.23

627
1,166
.22

429
836
.21

253
938
.23

374
770
,27

192
785
.28

179
822
.30

174
844
.31

15, 172
4,028
16, 710

24, 422
4,532
17,863

20, 088
7,090
18, 605

15, 960
7,398
17, 468

10, 239
12, 903
15, 577

12, 963
5,749
7,785

11, 098
4,748
7,654

10, 525
5,294
9,892

9,871
7,604
13, 837

10, 243
6,843
19, 103

5,409

7,807

13, 680
1,503
18, 638

12, 270
2,120
17, 465

8,411

Grains
Total grain exports, including
flour .
BARLEY

Exports
Price, No. 2, Minneapolis
Production, crop estimate
Receipts, principal markets
Visible supply, end of month

thous. of bu

8,991

8,353

thous. of bu
dolls, per bu._
thous. of bu
thous. of bu._
thous. of bu_.

186
.53

113
.52

2,496 "~1,~715~
3,536
2,857

129
.51

CORN
Exports, including meal.
Grindings (starch, glucose)
Prices:
No. 3, yellow, Chicago
No. 3, yellow, Kansas
City
No. 3, white, Chicago
Production crop estimate
Receipts
Shipments
Visible supply, end of month
HAY
Receipts _ _
Production, crop estimate

thous. of bu._
thous. of bu._

220
5,045

291
5,334

dolls, per bu_.

.33

.34

.37

dolls, per bu_.
dolls, per bu_.
thous. of bu._
thous. of bu
thous of bu
thous. of bu._

.34
.33

.36
.35

.39
.37

10, 914
2,916
23, 451

13, 561
2,921
18, 929

number of cars
thous of tons

.39
.38
42,556,863
10,421
10, 767
3,603
4,346
13, 192
14, 736

3,737

3,561

Exports, including meal
thous. of bu
89
149
Grindings, Canada
thous. of bu._
790
---Price No. 3, white, Chicago
dolls, per bu_.
.24
Production, crop estimate
thous. of bu._
Production, oatmeal, and rolled
oats, Canada
thous. of Ibs
10, 008
5,721
Receipts, principal markets
thous. of bu__ 4,543
Visible supply, end of month thous. of bu._ 15, 523 17,808
i Revised.



133
903
.25

OATS

11, 334
4,545
16, 846

< As of Dec. 1.

30

SURVEY OF CURRENT BUSINESS

May, 1932

MONTHLY BUSINESS STATISTICS—Continued
Earlier data for items shown here may
be found in the 1931 Annual Supplement to the Survey

1932

1931

Septem- August
Febru- TaT11iarv
Decemary | Jailuar >
her ' ^ j October
ber

March

July

June

May

April

239, 358
10, 009

260, 949
50, 472

203, 519
38, 748

211,843
41, 223

601 |
617
75, 732
88, 718

780
68, 753

864
68, 349

March

1

FOODSTUFFS— Continued
Grains— Continued
RICE
Exports
_
pockets (100 Ibs.) _. 263, 495
Imports
pockets (100 lbs.)_.
Production, crop estimate
thous. of bu..
Shipments:
Total from
mills
thous. of pockets (100 lbs.)_.
New Orleans _
.pockets (100 Ibs. )._ 102, 178
Southern paddy, receipts at
mills
thous. of bbls._
Stocks, end of
month
thous of pockets (100 Ibs.)..

203,622 ! 148,002 i 193,200
15,663
32,111
34, 081

380,658 i 322,302
11,859 | 9,397

87, 630
3,756

108,181 ! 100,899
4,475 i 5,443

1,216 1 1,396
136,328 j 199,965

875
139, 048

427 i
404
78,269 ! 37,121

< 45, 014

720
57,264

98,638
!

758
78, 972

569

632

1,408

1,810

1,455

382

172

323

520

566

599

1, 906

1, 987

2,051

1,805

1,305

683 |

848

1, 051

1, 293

1,388

1, 561

9
.41

27
.39

14
.38 i

10
.37

15
.37

29
.36

3
.35

34
.36

RYE
Exports including
flour
Price No. 2, Minneapolis
Production crop estimate
Receipts, principal markets
Visible supply, end of month

thous. of bu
dolls, per bu._
thous. of bu_
thous. of bu..
thous. of bu._

1
.47

8
.46 ;

10
.46

560
9. 250

580 .
8,909 ;

WHEAT
Exports:
Canada, including wheat
flour
thous. of bu_.
United StatesWheat only
. -thous. of bu_.
5, 749
Including wheat flour. ..thous. of b u _ _
8, 435
Export value of wheat and flour
thous. of dolls. .
Stocks, held by mills (quarterlv).thous. of b u _ _
Prices:
No. 1, northern spring,
Minneapolis
dolls, per bu._
.70
. 55
No. 2, red winter, St. Louis__dolls. per bii..
No. 2, hard winter,
Kansas City
.dolls, per bu._
.51
Production, crop estimate:
Total
thous. of bu_.
Winter wheat
thous. of b u _ _
Sprint?
wheat
thous. of bu._
1
Receipts. .
thous. of bu_. 13, 412
Shipments
.thous. of b u _ _
P, 562
Visible supply, end of month:
Canada
_thous. of bu._ 181,445
United States
thous. of bu . _ 202. 383

27 ;
.51 |

378
8,934

3
.45
32, 746
401
9, 025

751
9, 131

1,213
9, 186

1,311
8,922

1, 137
8,267 i

472
8,687

862
8,730

:

1, 035
8,540

880
9,262

855
10.440

11,419

10,966

24, 387

29,596 ;

21,436

16, 843

14,258 I

14,107

22,988 I

31,687

6,148

15,521

4.649
7,852

4,074
7,862

7, 896
11, 924

9,519 ;
13,380 ;

11,873
15,406

8,397
11, 588

8,901
12,731
11,781 ; 17,253

8,136 i
11,842 I

6,406
9,956

3,531
6,954

1,357
4, 574

5,057 i

5,263

7, 593

8, 510

8, 751

6,769
3 139, 002

7,039 ; 11,561

:

7,443

5,671

3,882
381,841

!

.75
. 57

.80
.62 i

.71
.52

.69
.47

,65
.47 ;

.61
.48

.74 i
.72 \

.81
.79

.79
.80

.76
.78

.54 .

.53

.59 i

4

.

.75
. 57

2129,994

.,

:;

8,805
338.771

.48

.43

.43

.44

.68

.73

.73

.70

25,000
11,537

* 892, 271
* 787. 465
_ - . M! 104.806
17,072
13, 766
11,005 j 15, 470

26,405 , 32,658
29,470 ; 26,851

38, 877
28, 325

61,403
45,747

104.047
65,987

29. 656
30, 385

30, 863
24, 061

21,230
16, 601

30, 833
15,570

180,966
210,147

187,974 • 191, 180
211,873 220,521

189,675 ! 161,912
230, 147 : 231, 049

122, 199
239, 431

101,306 ! 116,462
212,846 j 217,526

122,318
190, 702

136, 856
197, 563

160, 750
199, 561

180, 253
207, 138

9,334 | 10,462

i

WHEAT FLOUR
Consumption (computed)
thous. of bbls__
Exports:
Canada
.thous. of bbls._
United States
thous. of bbls..
G Findings of wheat:
Canada
thous. of b u _ _
United States
thous. of b u _ _
Prices, wholesale:
Standard patents, Minneapolis
dolls, per bbl
Winter, straights, Kansas City
dolls, per bbl
Production:
Canada
thous. of bbls__
United StatesActual (Census)
thous. of bbls__
Prorated (Russells')-- -thous. of bbls._
Capacity
per cent
Grain offal
thous. of lbs_
Stocks*
A 11 positions (computed)
end of month
thous. of bbis_.
Held by mills (quarterly) _ -thous. of bbls._

7,604 !
338
712 :
2

CATTLS AND BEEF

451
895

3.751 ! 3,798
35, 130
37, 290 ;

5, 275
37, 157

9, 898

9,843 |

7,642

6, 666

8,711

8,281

8, 654

558
785

557
709

522 !
640 j

467
1,005

490
824

481
789

326
761

561
715

8, 102 ! 7, 565
45,230 : 47,463

6,772
44, 569

5,992 ! 5,932
44,412 i 45,362

5,033
35, 893

5,304
36, 946

4,719
39, 127

5,169
40, 137

4.67

476 ;
858 I

4.37

4.61

4.59

:

4.51

4.84 ;

4.28

4.24

4.21 !

3 09

3.30

3.40 i

3.22

3.03

3.10

2. 96

2. 96 j

842

851

175

1,812

1,694

1,516

2 7, 692

8, 180
8,788
49
645,881

i 8, 148
: 8, 890
i
49
i 645,812

9,890
10,167
65
789, 737

i 10,399
I 11,112
!
60
; 828, 114

9,735
10,611
61
781, 318

; 5,120
i
i
!

4, 577
3 4, 126

.
51
2610,366

.........
4, 652

;

6, 117 i

6, 012

1,

5,975 i

6,000

6,135
3 3, 532

4.75

4.85

4.71

4.12

4.14

4.02

4.00

1,319

1,121

1,183

1,058

1,164

9,658 ! 9,852
10.614 ! 9,847
58 1
59
785, 106 802, 424
;
6,131 | 6,000

7,763
7, 981
47
647, 400

8,015
8,739
50
663, 303

8,494
9,134
51
702, 189

8,724
9.275
52
713,507

4,800
3 2. 830

4, 857

5,618

5, 526
33,712

7, 145

6, 321

6,821

7,074

7,791

8,477

2 10, 081

416,822

1,333

•
7, 035

6, 020 i

6,386 i

i
:

Beef products:
Apparent consumption
thous. of lbs_. 372, 001 2340,516 | 380,079 379, 927 343,245 448,863
Cold-storage holdings, end of month
thous. of Ibs
51, 285
46, 405 2 51, 107
53, 199
39, 158
34, 407
Exports
thous. of lbs__
883
1, 202
1,189 i 1,604
902
1,046
Production, inspected
thous. of lbs__ 366, 403 339, 915 377, 068 393, 399 349,598 | 446,798
Cattle movements, primary markets:
Local slaughter
thousands
841
876
886
905 2 1, 033
2908
Receipts
thousands
1,281 i
1,376
1, 866 i
2, 137
1,377
1, 453
Shipments, stocker and feeder
2
487
581
thousands
125
110 i
130
2246
905
2 i( KJO
Shipments, total
thousands
427 'i
478
483
2608
Prices:
Beef, fresh, carcass, good native steers,
Chicago
dolls, per lb_.
1.30
.130
. 145
.164
.156
. 157
Beef, fresh, carcass, steers, New York
dolls. perlb._
.160
. 168
.172
. 175
. 173
1.57
Cattle, corn fed, Chicago
.
dolls, per 100 Ibs
9.34
7.61
7.98 :
8.97
10.20 •
9.25
' Revised.
s Quarter e nded in nlonth indicated.




4.13
3. 16

:

Meats
Export value, meats and fats. .thous. of dolls..

9, 393

332
864

404, 928

432,312

404,731

424, 672

421, 252

379, 405

35, 171
2, 077
400, 752

39,050 J 41,055 i .45,548
1,837 ! 1,497 '
1,573
430,595 j 411,952 400,529

49, 448
1,468
419, 124

53, 150
981
412, 757

61,111
1,444
374, 151

930 1
969
1, 488 | 2 i, 539

2979
1,551

1,036
1,617

960
1,535

124 '
2 562

2 n2
552

153
2562

175
581

146
546

.169

961
1,797

2 1, 007
1, 821

381
861

2 261 1
2 758

. 148

. 144 I

. 129

. 129

.143

.160

.165

.158

. 145

. 145

.155

.172

.180

8.66

8.62 i

7.25 ,

7.32

7.68

8.56

9.08

* As of Dec. 1

31

SURVEY OF CURRENT BUSINESS

May, 1932

MONTHLY BUSINESS STATISTICS—Continued

FOODSTUFFS-Continued

1931

1933

Earlier data for items shown here may \
be found in the 1931 Annual SuppleMarch
ment to the Survey

F

i Novem- October Septem- August
J*^-| January! December
ber
uctooer, ber

;

July

! June

;

May

April

March

j

Meats— Continued
i

HOGS AND PORK
Hog movements, primary markets:
1,968
Local slaughter
thousands
Receipts.
thousands i 2, 939
30
Shipments, stocker and feeder .thousands, -i
969
Shipments, total
thousands. _
Lard (included in pork products):
j
Cold-storage holdings, end of month
_ ..
thous of Ibs ': 106, 411
Exports
thous. of Ibs.J 43, 200
Production
thous. of lbs_.
Pork production:
|
Apparent consumption
thous. of l b s _ _ j 583, 183
Cold-storage holdings, end of month—
i
Total
thous. of lbs__! 900, 584
Fresh and cured
thous. of lbs._ j 794, 173
Exports—
!
Total
thous. oflbs— ' 51, 659
Other products than lard
thous of Ibs
8, 459
Production, inspected
thous. of lbs_J 629, 420
Prices:
i
Hams, smoked, Chicago
dolls, per lb_.'
.144
Hogs, heavy, Chicago, .dolls, per 100 Ibs.J 4.22
Lard, prime contract, New York
__dolls. per Ib
. 051

2,464
3,659
37
1, 188

2,707 !
4,218
35 i
1, 510 ;

2,806
4, 210 i
40
1,426

2,297
3, 752
62
1,427

2, 155 ,
3,462 :i
72
1,311

1,663
2,727 j

55 ::

1,062

1, 398 |
2,454 i
49 !
1,045

1,474
2,511
37
1,039

51,224
34,824
292,861 , 78,430
66,674 i 59,854 . 65,598 : 35,205
174,090
125.,
859
164,152 ; 171,331

39.766
43,547
116, 124

69, 296
37, 790
97, 114

96, 047 j 121,926
33, 824
34, 510
91,680 i 109,265

044,276 ! 620,021

679,011

601,392

552,387 ! 540, 228

2558,845 ! 653,596

2905,260 i 753,581 ' 61*. 530 : 431,387
806, 826 | 674, 151 563,306 | 396,563
75, 728 ! 69, 020

75,954 ; 48,224

9, 054 ! 9, 166
786,802 \ 860,315

10,357
13,019
898,597 ; 678,452
;

420,661 : 544, 183
380,895 | 474, 887

!

691, 110 833, 737
595,063 | 711,811
:

48, 550

48,032

12,587 ! 10, 760
611,171 502, 673

13,522
457, 105

15, 309
532, 757

56, 134 ;

49, 193

1, 773 ;
2,854 :
36
1,072 '

1,962

1, 841
2,938
33
1,099

1,983
3,067
35
1,088

3, 207
3L
1, 234

115,561 103,366
37,786 , 39,623
123,263 126,323

95, 693
44, 769
129, 090

78, 24V
58; 395
127,516

585, 146

581, 110

523, 963

563, 934

890,212 : 931,117
774,651 i 827,751

963, 217
807, 524

921,920
843,671

53,226 j

55,557

59, 406

73, 610

:

15,934
604, 427

14, 637
624, 301

15,215
630,661

15,440
597, 185

. 172
4. 64

.182
5.41

.186
5.71

.185
6. 35

.173
6.24

. 174
6.39

. 182
6.40

.184
7.08

.187
7.18

.060

.071

.080

.075

.075

. 082

. 083

. 082

.090

. 094

59,683

56,499

66, 436

60, 792

58,351

54, 679

55,333

54,604

59, 095

54, 949

2, 318 i
60,047 ;

1, 985
56,545

1,975
66, 546

1, 908
60, 754

1, 975
58, 466

1,892
53, 947

2,685
55,678

2,371
54,433

2,529
58, 579

3, 063
54, 486

2.00

2.00

1.63

1.63

1.98

2.56

1.55

;

2.44

3.29

o. 79

4.89

4.98

5.70

5.94

5.95

6.06

6.98 i

8.36

8.76

8.27

1,305 ,
2,182 !

1.281
2,811

1,500
3, 956

1,461
3, 900

1,474
3,270

1,342
2, 535

1,384 ,
2,587 |

1,464
2,810

1,410
2,713

1, 156
2,119

182 ;
919 j

655
1,520

1,181
2, 468

1, 104
2, 455

718
1,734

243
1,190

289
1,214 i

170
1,353

189
1, 304

103
948

65,579 | 50,664

85, 678

. 147
3.77 i

. 138
3.91

. 153
4. 22

.052

.055

SHEEP AND LAMBS
Lamb and mutton:
Apparent consumption
thous. of lbs_. 56, 538 255,997 64,275
Cold-storage holdings, end of month
2
thous. of lbs_
1,784 I 1,947
1, 238
Production, inspected
thous. oflbs,. 50, 040 55,851 63,934
PricesSheep, ewes, Chicago
dolls, per 100 Ibs
2.98 !
2.06
3.25
Sheep, lambs, Chicago
dolls, per 100 Ibs, _
5. 38
5. 09
5.79
Sheep movements, primary markets:
Local slaughter
thousands
1,233 j
1,381
1,185
Receipts
thousands
2,035
2,303
2,115
Shipments, stocker and feeder
thousands
80
124
77
Shipments, total
_ _ thousands ...
796 j
988
922
Miscellaneous meats:
Cold-storage holdings,
end of month
thous. of Ibs.-j 65, 913 » 76, 368 69, 249
Total meats:
2955 i 1.098
Apparent consumption
mills, of lbs._! 1,012
Cold-storage holdings,
2
1,035 !
876
end of month
_
mills, of Ibs
1,014
1,183 ; 1,301
Production
..
mills, of lbs__i 1,052

;

48, 744

56, 881

66, 334

69, 026

75,469

79,331

81,359

1,048 !

1,020

1, 194

1,067

1,043

1,012

1,045

1,060

1,004

998

j

523
1, 085

506
1,125

638
964

798
946

946
999

1,014
1,053 •

1,062
1,078

1,100
1,096

1,072
1 . 059

296,422 1 111,554 i 116,700
20,530 | 25,197 i 76,149

89,971
64,731

65, 668
30, 377

56, 215
32, 409

43, 056
28, 655

36, 438
24, 871

32,762 ; 35,348
22,164 : 17,252

45, 920
17,443

69, 986
20, 600

114
69. 1

117
71. 0

119
73.3

119
73.7

120
74.6

119
74.0

121
73. 8

124
76.3

126
77.6

134, 336 160, 992
97, 725 109, 613
666 ,
702

215, 110
126,016
754

203, 030
119,664
843

137,205
118,514
982

94, 865
238, 872
1,007

134, 928
546, 538
844

736
1, 352

POULTRY
Cold-storage holdings, end of
month
.
Receipts at 5 markets

thous. of Ibs
thous. of Ibs..

74, 513
19, 169

rel. to 1913—
rel. to 1926

105
62.3

Prices
Retail food (Dept. of Labor)
Wholesale food

105 ;
62. 5 |

109
64. 7

118 |
73. 3 J

Sugar
Cuban movement (raw):
Exports
long tons
Receipts at Cuban ports.
long tons Stocks, end of month. thous. of long tons..
Prices:
Retail composite, 51 cities
rel. to 1913. _
Retail granulated, New
York
-_
dolls, per lb_.
Wholesale, granulated, New
York
dolls, per lb—
Raw:
Imports—
From Hawaii and Porto
Rico
long tons..
From foreign countries
long tonsMeltings, 8 ports
long tons..
Stocks at refineries, end of
month
long tons _ Refined:
Exports, including inaple
long tons..
Shipments, 2 ports
long tons..
Stocks, 2 ports
long tons..

97, 589
491, 685
728

25,111 ! 18,242 ; 156,714 146,102
263,549
88,595 ' 101,544 101,278
561 !
623
301 :
75
98 i

98

102

102

104

104

102

102

102

104

106

.049

.051 i

.051

. 051

. 052

.052

.052

.053

.051

.050

.050

.050

. 051

.040

.041 I

.041

.042 !

.044

.045

.045

.046

.046

.044

.043

. 044

.043

184, 041
330, 891
345, 753

1
172, 792 :! 93, 141 ! 39,191 i 53,741
264, 675 196, 150 I 17»,799 i 135,308
267,038 | 246,324 283,570 | 231,746

82, 062
186, 928
328, 310

126, 970
202, 564
414, 066

135, 228
397, 042
376, 715

148, 636
324, 848
469, 609

143,382 i 161,260
239,085 . 151,815
383,157 i 332,556

135,457
279, 578 i
403, 337

150, 951
364, 493
351, 169

396, 514

263,659 1 182,257

181,363 : 187,552

445, 535

420, 650

4,143
38, 655
30, 6e4

3,365
44, 7 15
32, 239

100

!

95

4.031
51, 153
31,641

;

148,624
93,548
930

2, 607
51,378
31,220

245, 694

321,815

429, 229

367, 252

400,567 | 463,730

3, 598
41.53S
34,4st>

4,304
48, 208
33, 047

4,365
60, 502
41,171

3, S96
76,412
37, 116

3, 952
98, 879
36,481

4,329
3,338
78,583
57,070
35,030 ; 32,632

7,813
.225

10, 271
.225

8, 568
.225

7,977
.225

6, 578
.225

5, 332 !
65, 633 !
43, HSO i

4,612
49, 077
54, 605

Tea
Imports
thous. of lbs._
Price, Formosa, fine, New York-dolls, per lb_.
2

Revised.




7, 465
. 203 i

6,394
10,028 1
.215 i
.215 i

7,748 '
.217 :

6,953
.225

4,135
.225

6, 184 |
.225

7, 995
. 225

32

SURVEY OF CURRENT BUSINESS

May, 1932

MONTHLY BUSINESS STATISTICS—Continued
Earlier data for items shown here may
be found in the 1931 Annual Supplement to the Survey

1931

±932
March

Febru- January'
ary

De c e m
ber '

Novem- October Septem- August
ber
ber

July

June

March

May

April

143, 558
35.6

135, 771
41.5

73,818
40.3

FOREST PRODUCTS
Lumber
A LI, TYPES
Exports
M ft. b. m
New orders
rel. to 1923-1925.
Production index (elect, energy
consumed)
rel. to 1923-1925
Stocks, end of month
_rel. to 1923-1925..
Unfilled orders, end of month rel. to 1923-1925

120,354 120, 501
47.7
35.2 ;

87, 520
24.0

77,877
27.5

85, 234
29.2

89, 502
31.3

99,633
33.4

81.9 !
101.7 j
35.2 j

67.0
105.9
28.0

76.4
103.9
25.7

82.2
99.7
24,2

82.2
105.1
29.0

79.4
104.6
33.7

76.9
104.2
38.2

86.3
101.1
51.4

97.2
106.2
48.1

91.5
105.0
49.2

93.2
106.7
48.8

1,723
66, 638

2,808 ;
64,928 i

2,932
63, 374

6,379
65, 480

9,255
68, 318

8,314
73,002

9,457
76, 554

8,513
78, 274

10,084
79, 017

8,451
80, 051

7,767
80,816

5,236
81, 158

1,842
33, 028

1, 402
33, 054

1,593
33, 458

1,697
34,183

2.599
34, 718

3,481
35, 207

3,249
36, 245

3,280
36, 966

3,745
37, 279

3,432
37, 718

3,421
38, 816

3,368
39, 534

3,389
39, 657

2, 210
3,424
2, 495
22, 702
4,648

2, 203
2, 570
2, 061
21, 5S8
5, 072

1,742
2, 272
1, 759
21,511 !
4,911

2, 342
3,027
1,928
21, 438
5, 083

3,368
2, 797
2,481
20, 216
4,851

2,760
2,812
2,703
20,042
3,778

2,783
3,134
3,144
20, 189
3, 775

3,312
2,973
3,397
21, 130
4,183

3,712
2,737
3,447
21, 321
4,772

4.245
3,116
3,778
21,821
4,955

3, 327
2,629
3, 315
23, 467
4,604

3,879
3,326
3,226
24, 191
5,312

3,217
3,921
3,095
26, 793
5 333

10, 442
13. 101
13! 360
57, 521

8, 150
7, 968
11, 359
56, 201

17.537 I
4, 098
11, 673
60, 781

16, 676
13, 457
12, 976
67, 748

13, 5.26
15, 744
13, 907
68, 293

15, 973
19, 299
18, 203
87, 103

16, 928
22, 425
19,486
65, 696

18, 631
21, 736
21, 464
65,004

26,390
24, 120
25, 691
64, 798

21, 065
20,984
23, 131
67, 619

24, 710
24,505
27, 745
76, 753

28, 575
25, 147
28, 155
76, 783

31, 407
23, 643
26, 243
78, 305

15, 864

19, 189

22,251

17, 987

14, 334

15, 589

17, 590

18, 194

21,204

30, 17G

30, 235

34, 095

36, 326

105
83
124

120
68
120

105
86
109

131
105
128

131
105
135

131
105
131

131
101
143

139
109
139

176
143
161

158
146
169

154
146
161

173
165
176

2, 734
2, 419

2, 791
2,434

2,854
2, 487

2, 893
2,524

2,915
2,542

2,960
2,559

3,020
2,645

3,065
2,662

3,126
2,707

3,149
2,718

3,175
2,713

3,205
2,731

315

356

367

370

374

387

375

40?

419

431

463

473

542
473

549
470

560
476

595
504

607
516

615
518

634
542

653
551

683
575

686
586

694
593

703
598

61,304

65, 063
21.6

78.2
96.9

86.8
98.3
29.8

ft. b. m
ft. b. m..

2,379
68, 575

ft. b. in
ft. b m

84,433
29.3

RETAIL MOVEMENT
Retail yards, 9th Fed. Res. Dist.:
Sales
_M
Stocks, end of month
M
Retail yards, 10th Fed. Res. Dist.:
Sales
-M
Stocks, end of month
M

FLOORING
Maple:
New orders
M ft. b. m
Production
M ft. b. m
Shipments
M ft. b. m__
Stocks, end of month _ _ _ _M ft. b. m
Unfilled orders, end of month_M ft. b. m _ _
Oak:
New orders..
M ft. b. m_.
Production
. M ft. b. m
Shipments
.,
M ft. b, m
Stocks, end of month
_ . _ M ft. b. rn__
Unfilled orders, end of
month,
_.
M ft. b. m__
HARDWOODS

411 hardwoods:
New orders
_ . _ mill. ft. b. m
Production.. _-.mill. ft. b. m__
Shipments
mill ft b m
Stocks, end of monthTotal
..mill. ft. b. m...
Unsold
mill, ft b. m
Unfilled orders, end of
month
mill. ft. b. m._
Gurn:
Stocks, end of month —
Total _
mill ft b. m
Unsold
mill. ft. b. m
Unfilled orders, end of
month
mill ft b. m
Northern hardwoods:
Production
M ft b m
Shipments
_. M ft. b. m
Oak:
Stocks, end of monthI
Total
mill. ft. b. m
Unsold
mill. ft. b. m__
Unfilled orders, end of
month
mill. ft. b. in..
Walnut logs:
Made into lumber and
veneer _
M ft. log measure •
433
Purchases ._
M ft. log measure !
400
Stocks, end of month. _M ft. log measure ..i
676
Walnut lumber:
New orders
M ft. b. m__ i
721
Production
M ft. b. m !
483
Shipments
M ft. b. m._ |
738
Stocks, end of month
_M ft. b. m ! 12, 600
Unfilled orders, end of mouth.M ft. b. m__ j
1,516

69

80

84

92

91

98

92

102

108

100

101

106

9, 900
11,892

8,220
12, 435

6, 382
12, 137

3,517
12,690

2,617
15, 378

3,210
14, 907

5,864
13, 445

6,173
9,846

11,878
11, 690

10, 820
10, 330

12, 767
12, 806

17,878
12,631

775
688 |

805
711

813
728

827
742

840
761

853
783

864
783

890
803

914
809

935
814

966
844

87 j

95

85

85

79

70

81

88

105

120

122

403
323
785

650
864
896

900
878
623

1,145
1,104
666

925
1,113
707

709
776
510

523
666
442

958
674
293

1,135
828
519

925
719
845

816
699
1, 050

691
528
662
12, 880
1,761

861
486
837
12, 279
1,680

786
886
915
12, 606
1,974

1,148
1,110
1,121
12, 745
2,101

1,463
1,405
1,720
12, 825
2,173

1,861
1,037
1,786
13, 176
2,934

1,252
887
1,472
13, 926
2,821

1,574
624
1,853
14, 543
2,981

996
1,075
1,223
15, 837
2,918

1,181
1,382
1,277
15, 990
3,151

1,393
1,141
1,506
15, 893
3,279

2,094
875
1,942
16, 265
3,522

18, 999
14, 523
17, 545

17, 555
12, 202
14, 984

17, 133
13, 616 ;
13, 077 1

11, 079
14, 684
15, 025

16, 383
14, 436
15, 333

18, 636
15, 931
17, 055

16, 007
14, 760
15, 734

15, 386
16, 270
17, 323

16, 576
14, 717
18, 131

19, 321
16, 429
18, 253

19, 220
17, 616
21, 568

22, 480
18, 761
21, 898

24, 485
21, 795
24, 852

24,374

23, 987

21, 932

17, 138

21, 229

20, 485

17, 585

17, 380

19, 331

20, 376

20, 237

22, 290

22, 726

18, 789
26. 434
114,150

21, 362
13, 324
112,360

41, 785 ; 29,448
21, 468
20, 737
125, 789 115,046

29, 549
19, 007
135, 637

36, 714
21, 874
151, 305

38, 787
18, 020
158, 915

45, 308
25, 155
188, 460

53, 088
18, 186
181, 297

47, 766
35, 718
191, 146

69, 043
55, 586
188, 907

63, 159
37, 573
224, 272

15, 211
19, 964
217, 109

9.90

10.25

748
673
76 '
525 1
482
767

SOFTWOOD
California redwood:
New orders (computed)
M ft. b. re- !
production (computed)
M ft. b. m._ [
Shipments (computed) ._
M ft. b. m._ !
Unfilled orders, end of month
(computed)
M ft. b. m..
Douglas fir:
ExportsLumber
M ft. b. m
Timber
M ft. b. m.. i
New orders..
M ft b m
Price wholesaleNo. 1 common ..dolls, per M ft. b. rn_.
Flooring, 1x4 "B"
and better, V.
G . ... dolls, per M ft b m
Production..
M ft. b. m_. |
Shipments
M ft. b. m__ i
Unfilled orders, end of month. M ft. b. m__ !
North Carolina pine:
Production (computed)
M ft. b. m _ _
Shipments (computed)
M ft. b. in__
Northern hemlock:
Production
M ft. b. m_.
Shipments --„
_
...M ft. b. m-_




21.87
102,511
115,941
101,168

11.40

11.09

11.23

11.21

11.27

10.97

10. 64

11.25

11.64

12.12

12.68

22. 84
22.49
99, 378
115,941
96, 244 ! 118,627
111, 017 I 113,703

23.51
102, 511
113,703
85, 501

24.35
115, 941
126, 684
105, 197

25.63
149, 962
162, 049
81, 472

25.48
155, 334
166, 525
125, 341

25.29
171, 897
175, 030
111,017

25.76
149, 067
173, 240
165, 630

25.98
199, 651
197, 413
162, 944

28.33
206, 813
221, 588
135, 637

29.74
201, 889
200, 099
215, 766

31.14
186, 222
195, 622
196, 517

25, 760
30,310

26, 670
35, 350

27, 370
33, 110

24, 640
33, 320

24, 276
32, 375

27, 013
30, 408

30, 338
34, 293

30, 233
31, 780

31, 241
34, 454

27, 489
33, 250

3,028
4,461

3,581
6,366

3,928
7, 811

4,804
7,531

9,991
7,864

10, 128
8,640

10, 013
9,554

9,893
7,894

8,616
7,437

6,583
5,432

3,940
3, 465 ;

3,443
4, 682

SURVEY OF CURRENT BUSINESS

May, 1932

33

MONTHLY BUSINESS STATISTICS—Continued
Earlier data for items shown here may
be found in the 1931 Annual Supplement to the Survey

1933

1931

March

February

20, 105
4,320
126, 728

20, 039
3,6(58
119, 329

16, 457
3, 931
105, 553
25.16

104, 114
122, 706
76, 688

88, 727
117, 478
73, 773

79, 979
99, 001
60, 837

December

January

^T- October September

N

August

July

June

May

April

21, 956
7,888
151, 484
27.78
61.4
119,828
155,511
82, 551

29, 925
8,745
146, 860
27.82
61.7
121, 994
151, 488
83, 013

30, 278
12, 535
140, 322
28.15
62.4
126, 739
138, 663
83, 475

34, 067
5,827
157, 920
28.82
63.9
148, 048
165, 004
83, 958

32, 544
10, 256
169, 015
28.32
68.2
165, 325
180, 306
104, 307

22, 478
6, 261
174, 020
29. 66
65.8
164, 929
175, 742
121, 401

127
125
125
1,225

128
137
119
1,245

114
156
125
1,230

107
135
122
1,204

141
141
125
1, 196

109
112
120
1,174

85
64

78
92

99
99

79
54

83
59

105
82

March

FOREST PRODUCTS— Continued
Lumber— Continued
SOFTWOOD— Continued
Southern yellow pine:
ExportsLumber
Timber
Nfiw or d

firs

i

M ft. b. m__
M ft b m
M ft, h m

Price flooring
dolls, per M ft. b. m
Price index
_ ...
rel. to 1926
Production
M ft. b in
Shipments
.
M ft. b. m
Unfilled orders
M ft b m
Western pine:
New orders
mill. ft. b. in
Production
mill. ft. b. m__
Shipments
_
mill. ft. b. m
Stocks, end of month
mill, ft b. m._

25, 793 18, 425 20, 895
4,056
8,636
5,017
72, 751 111, 307 134, 757
26.31
26.31
26.49
58.3
58.3
58.7
77, 749 110, 803 117, 241
73, 059 108, 668 142, 254
50, 925 62, 013 58,464
1

18, 936
5,663
138, 204
27.21
60.3
116, 511
142, 170
74, 235

i

~:.:~:.~~

VENEER
Rotary-cut veneer:
Receipts
Purchases

no of carloads
no. of carloads

i

:

Furniture
Household furniture and case goods:
Grand Rapids district —
Cancellations
percent new orders. _
New orders
no. days' production..
Outstanding accounts,
end of month
no. days' sales _
Plant operations.. .per cent full time..
Shipments
no. days' production..
Unfilled orders,
end of month no. days' production
Southeastern districtShipments
dolls., av. per flrm__
Unfilled orders, end of month
dolls., av. per firm..
Steel furniture. (See under steel manufactured products.)
Wholesale prices:
Beds
_
.
rel. to 1926
Dining-room chairs, sets of six rel. to 1926..
Kitchen cabinets
rel to 1926
Living-room davenports
rel to 1926

9.0
9

14.0
11

5.0
16

8.0
11

6.5
15

8.5
14

8.0
16

7.0
15

6.5
13

4.5
27

13.0
9

8.0
13

12.0
14

29
59.0
11

33
73.0
13

32
68.0
11

31
56.5
11

35
72.0
12

38
83.0
17

39
72.0
19

36
73.0
16

32
80.0
14

32
74.0
12

31
70.0
11

33
67. 0
13

34
64. 0
13

13

17

12

13

11

15

20

22

23

11

15

15

36, 785

33, 632

23, 519

35, 388

64, 122

66, 042

59, 223

55, 063

43, 077

46, 431

52, 390

62, 382

32, 249

24, 278

14, 469

16, 268

22, 100

42, 180

47, 706

47, 997

56, 865

19, 338

28, 248

29, 798

68.8
91.0
95.3
74.2

70.3
91.0
95.3
74.2

73.1
91.0
100.1
74.2

73.1
91.0
100.1
82.0

73.1
91.0
100.1
82.0

80.4
92.1
100.1
84.2

82.9
92.1
102.9
88.2

85.2
92.1
102.9
88.6

85.2
93, 0
102. 9
89.8

86.8
94.0
102, 9
89.8

90.7
94.0
102.9
93.2

90.7
94.0
102.9
93.2

77.3

78.3

79.3

79.8

81.6

82.5

85.0

87. 6

91

89

285

282

2 77

281

86.7
72.6

90.6
283.6

67.6
86. 4

79.2
85.4

75. 2
82.2

81.8
80.4

1,273
6,167
4,611
4,009
18, 644

1,107
7, 115
3,632
2,697
17, 159

1,202
5,209
4,399
3,755
18, 015

2, 739
4,261
3, 879
3,481
16, 712

2,327
9, 473
4,783
2,333
20, 492

88
233
37

62
240
35

65
264
48

66
247
55

632
420
3,664
1,428

583
360
4,590
1,439

653
347
5,027
1,679

.064

.066

.076

.069

.065

.074

24,851
238, 156
33, 763
296, 770

29,313
245, 477
34, 158
308, 948

242

188

213

.33

.33

.32

874
15,070

88,227
60,494

LEATHER AND LEATHER PRODUCTS
Prices, wholesale, composite
rel. to 1926-.
Production index (Fed. Res. Bd.)
rel. to 1923-25. _
Production index (elec. energy consumed)
rel. to 1923-25. _
Stocks, end of month
rel. to 1923-25..
Hides
ImportsCalfskins
thous. of lbs_.
Cattle hides
thous of Ibs
Goatskins
thous. of lbs._
Sheepskins
thous. of lbs_.
Total, hides and skins
thous. of lbs._
Inspected slaughter of livestock:
CanadaCattle and calves.. thous. of animals..
Swine _
thous. of animals
Sheep and lambs.. .thous. of animals. .
United StatesCattle
thous of animals
Calves . . . thous. of animals .
Swine
thous. of animals..
Sheep .
thous. of animals
Prices:
Packers, heavy, native steers (Chicago)
dolls, per lb_.
Calfskins, No. 1, country (Chicago)
dolls, per Ib
Stocks, end of month:
Calf and kip skins
thous. of lbs_.
Cattle hides
thous of Ibs
Sheep and lamb skins
thous. of lbs_.
Total hides and skins
thous. of Ibs..
Raw
Sole and belting:
Exports (sole only)
thous. of Ibs
Price, oak, scoured backs (Boston)
dolls per Ib
ProductionSole only. -thous. of backs, bends, sides..
Sole and belting
thous of Ibs
Stocks, end of monthFinished
thous. of lbs__
In process of tanning
thous of Ibs
2
Revised.




88.7

89.4

88.0

87.6

87.5

2 102

298

299

2 107

2 103

81.9
80.1

77.1
77. 4

83. S
77.6

85.4
78.2

81.0
7Q
/ y. o*\

83.9
80.3

71.2
81.2

3,164
10, 846
5, 533
4,472
25, 856

3, 265
11,934
6,858
3, 360
27, 445

5,058
11,870
7, 556
3,368
29, 513

6,211
9,313
7, 68(j
3,472
28, 332

3, 646
7,528
9,321
3,313
26, 053

4,512
6,812
8,274
3,091
24, 437

3, 337
4, 404
6, 160
4,453
19, 616

1,818
6, 867
6, 292
3,280
19, 468

75
259
98

80
247
193

80
204
117

78
162
81

77
148
71

92
164
56

103
158
23

101
172
27

85
154
32

686
388
5,387
1,581

614
355
4,218
1,505

781
407
3,772
1,804

687
393
2,955
1,667

727
357
2,500
1, 598

706
356
2,767
1,491

667
417
3,251
1,516

704
425
3,408
1,444

690
471
3,488
1,493

635
416
3,523
1,324

.078

.082

.077

.090

.113

.120

.100

.085

.092

.090

.078

.085

.098

.129

.139

.129

.129

.135

.128

29,562
237, 186
33, 720
300, 468

27, 089
221, 891
33, 659
282, 639

26, 977
217, 394
33, 152
277, 523

27, 413
221, 343
34, 649
283, 405

28,325
212, 299
35, 376
276, 000

29, 033
206, 317
35, 223
270, 573

26, 027
209, 697
34, 034
269, 758

24, 150
216, 400
35, 026
275, 576

23, 662
220, 846
32, 926
277, 434

23, 132
223, 182
34,168
280, 482

280

309

531

546

459

652

983

1,143

1,442

949

.32

.32

.35

.39

.40

.37

.37

.37

.37

.37

977
2 16, 673

1,011
17,111

1,003
17, 053

1,127
19, 531

1,088
18, 765

1,160
19,837

1,097
19, 281

1,076
19, 522

1,034
18, 388

1,137
20, 406

984
18, 219

88,761
63, 770

88,358
66.244

86, 348
68, 705

83,463
69, 850

80, 773
69, 172

81,319
68, 931

81, 906
67, 212

85,626
67, 070

85, 848
67,938

87, 196
68,933

88,044
71, 122

2

'95.

2

94

j

.083

34

SURVEY OF CURRENT BUSINESS

May, 1932

MONTHLY BUSINESS STATISTICS—Continued
Earlier data for items shown here ma#
be found in the 1931 Annual Supplement to the Survey

1933

1931

Febru- January Decem- Novem- October Septem- August
ary
ber
ber
ber

March

July

June

May

April

March

LEATHER AND LEATHER PRODUCTS— Continued
Raw— Continued
Upper leather:
Exports
thous. of sq. ft..
Price, composite, chrome, calf, black "B"
grade
_
dolls, per sq. f t _ _
Production
thous. of sq. ft_.
Stocks—
Finished
thous. of sq. ft__
In process of tanning __thous. of sq. ft..

4,982

8,094

6,550

6,418

9,718

7,926

6,529

6,635

7,463

9,234

9,211

8,752

9,347

.266

.290
55, 081

.298
50, 120

.320
49, 405

.323
48, 262

.330
60, 682

.337
65,543

.348
69, 626

.350
67, 234

.352
63, 229

.356
60, 542

.356
62, 536

.352
61,515

253, 599
121, 967

261, 588
120, 178

270, 673
116, 212

272, 328
115, 028

267, 705
116, 578

254, 306
126, 146

250, 478
131, 095

246, 424
128, 425

250, 612
126, 684

254, 142
124, 330

257, 195
125, 722

261,057
127, 867

135, 060

112, 004

129, 569

243, 948

233, 394

226, 754

223, 837

164, 205

182, 077

171, 968

191, 120

175, 988

132

140

167

194

177

185

Manufactures
Gloves and mittens cut
dozen pairs
Shoes:
Exports
thous of pairs
Prices, wholesaleMen's black calf blucher
(Boston)..
dolls, per pairMen's dress well-tanned calf, oxford
(St. Louis)
dolls, per pair-Women's black kid, McKay
sewed
dolls, per pair
Production—
Total...
_ _ . thous. of prs__
Men's
thous. of prs_.
Boys' and youths'
thous. of prs__
Women's
._ _
thous. of prs
Misses' and children's. .thous. of prs..
Slippers, all types___
thous. of prs..
All other footwear
thous. of prs_.

71

94

5.75

3.00

58

113

136

136

142

5.75

5.75

6.25

6.31

6.55

6.75

6.75

6.75

6.75

6.75

6.75

6.75

4.25

4.25

4.35

4.35

4.35

4.35

4.35

4.35

4.49

4.60

4.60

4.60

3.00

3.00

3.00

3.15

3.15

3.15

3.15

3.15

3.25

3.25

3.25

3.25

25, 888 2 221, 225
5, 857
5, 176
1, 488 2 1, 423
10, 506 2 8. 233
3, 429 22 2, 824
1, 639
1, 109
2, 969 2 2, 460

19, 556
5, 354
1, 485
5,419
2,579
2,642
2,077

18, 518
5,107
1, 449
3,864
1,854
4,317
1,927

25, 381
6,129
1,776
8,133
2,105
4,717
2,521

31,293
7,423
1,991
11, 883
2,785
4,171
3,040

33, 475
> 8, 245
2,078
13, 103
3,140
3,931
2,978

28, 614
7,349
1,739
10, 400
2,846
3,431
2,849

27,839
7,244
1,605
9,596
2,835
2,974
3,585

28,452
2
6, 735
1,647
10, 058
3,128
2,812
4, 072

29, 888
6, 641
1,768
11, 042
3,846
2,454
4,137

29, 364
6, 254
1,654
11.888
3, 712
2,045
3,811

31.9

35.6

36.1

42.9

56.0

46.8

56.2

59.0

57.9

83.6

74.5

43

42

51

45

45

50

58

60

66

70

75

IRON AND STEEL
New orders..
rel. to 1923-25..
Production index (Fed. Res. Bd.)
_
_rel. to 1923-25..
Production index (elect, energy
consumed) .. .
rel. to 1923-25
Stocks, manufactured goods, end
of month.
rel, to 1923-25
Unfilled orders, end of month rel to 1923-25

31. 9
.34

41

69.0

78.2

77.6

70.0

77.0

76.3

78.3

78.0

83.1

86.6

106.8

108.1

119.4

125.0

117.8
48 2

118.8
50.3

127.5
46.0

123.4
49.2

125.3
52.4

123.3
53.0

128.7
53.4

130.1
57.6

136.6
60.3

138.9
62.4

142.8
67.4

145. 7

1,256
46

2 1, 174
77

1,154
89

1, 230
90

1,311
94

1,451
70

1,470
99

1, 652
92

1,832
128

2,114
122

2,675
194

2,826
163

2, 835
1C0

0
0

0
0

0
0

0
0

457
277

2,029
1, 162

2,873
1, 440

3,229
1, 658

3,191
1,735

2,369
1, 428

599
656

9
106

0
0

0

0

0

0

(59.6

Ore

Iron ore:
Consumption
thous of long tons
Imports
thous of long tons
Receipts—
Lake Erie ports and
furnaces
...thous. of long tons..
Other ports
thous. of long tons
Shipments from mines
thous o^ long tons
Stocks end of month—
At furnaces
thous of long tons
On Lake Erie docks
thous of long tons
Total
thous. of long tons..
Manganese ore :
Imports.
thous. of long tons

42,

3, 094

4,179

5,065

4,956

3,808

1,769

176

0

33, 184

33, 687

31, 998

29, 385

28, 451

23, 556

21, 968

23,292

25, 751
5, 765
31,516

5, 718

5,767

5,810

5,874

6,048
39, 232

6,080
39, 767

5, 974
37, 972

5,686
35, 071

5,366
31, 817

5, 157
28, 713

5,147
27, 1.15

5,430
28, 722

2

3

17

8

9

21

27

22

38

37

21

33

69
60
59
77
258

71
69
55
82
240

70
66
56
103
248

69
58
40
72
215

77
55
48
87
225

96
86
67
116
243

111
82
68
137
260

99
79
70
123
231

101
92
70
117
226

108
82
60
123
229

126
105
77
134
232

122
123
93
140
252

122
134
98
136
261

18, 046
205
19, 597
21,337

2 19, 709
223.1
2 21, 578
2 21, 325

22, 036
23.5
22, 216
21, 572

19, 811
21.5
21, 503
20, 206

18, 971
18.3
17, 984
18, 336

18, 558
20.4
20, 444
17, 802

17, 854
18.6
18, 485
18, 727

18, 705
18.9
18, 821
20, 904

19, 667
20.0
20,223
23, 985

22, 495
24.5
24, 248
28, 602

28,716
32. 1
31, 964
36, 957

36, 507
36.3
36, 682
38, 342

35, C98
35.9
35, 758
37, 092

11

10

14

14

12

18

967
32.4

964
32.3

973
32.6

980
32.8

1,103
36.9

1,173
39.3

1,169
39.1

23
297
1,281
42.9

40
371
1,463
49.0

56
336
1,639
519

51
410
1,994
66.7

54
404
2,020
67.6

57
356
2,032
€8.0

264
32, 880

61
30, 630

56
29, 365

67
35, 810

70
36, 530

73
38, 600

76
39, 085

82
45, 230

91
50, 855

105
61, 085

113
66, 980

116
67, 880

14.50
15. 26

14. 63
15.36

15. 00
15. 55

15.00
15.86

15.00
16.02

15. 25
16.23

15.50
16.32

15.50
16.38

15.50
16.38

15.50
16.40

16.25
16.64

16.50
16.75

16.50
16.72

16. 89

17.02

17. 36

17.46

17.76

18.39

18.76

18.76

18.76

18.76

18.76

18.76

18.26

41, 824
64, 691
57, 571
760

77, 122
57, 713
55, 970
783

131, 871
54, 274
44, 848
770

55, 602
83, 230
83, 494
705

75, 683
146, 023
147, 698
741

105, 181
247, 732
270, 880
842

158, 495
257, 941
288, 422
978

208, 072
195, 946
213, 852
1,106

201, 956
155, 723
159, 568
1,089

178, 101
156, 769
166, 923
1,069

174, 244
154, 650
148, 749
1,014

227, 605
150, 227
149, 057
997

210, 584
95, 765
94, 251
916

"~4~317~
3,035
36, 036

4,194
3,159
5,094
35, 411

8,406
5,228
8,497
36, 872

11, 731
6,502
13,923
41, 257

9,148
4,678
10, 262
48, 095

7,204
4,662
7,309
53,558

5,520
3,977
6,071
57, 274

4,948
4,654
5,055
59, 876

4,525
5,069
4,787
59, 770

3,741
6,553
4,232
60,221

4,311
4,864
4,071
57,794

Iron — Crude
Gray-iron castings:
Production
av. tons per foundry-New business
_ av. tons per foundry
Unfilled orders
av tons per foundry
Material received. __av. tons per foundry-Material on hand...av. tons per foundry-Malleable castings:
New orders
short tons..
Operating activities per ct. of capacitv..
Production
short tonsShipments
short tonsPig-iron production:
Canada
thous of long tons
Merchant furnaces .thous. of long tons
United States, total. __thous. of long tonsUnited States, total
rel. to 1923-25
Pig-iron furnaces in blast, end of month:
Furnaces, end of month
number. .
Capacity, end of month.long tons per day..
Prices, wholesale:
Basic (valley furnace) ..dolls, per long ton..
Composite pig-iron
dolls, per long ton-Foundry, No. 2, northern
(Pittsburgh)
dolls per long ton

60
29, 135

2

Iron— Manufactured Products
Cast-iron boilers:
Gas-fired boilersProduction
_
thous. B. t. u
Shipments
thous. B. t. u_.
Shipments.
dollarsStocks, end of month. ..mills. B. t. u..
Round boilersNew orders
_
thous. of lbs._
Production
thous. of lbs_.
Shipments
thous. of lbs_.
Stocks, end of month
thous. of lbs_2

Revised.




35

SURVEY OF CURRENT BUSINESS

May, 1932

MONTHLY BUSINESS STATISTICS—Continued
Earlier data for items shown here may
be found in the 1931 Annual Supple*
ment to the Survey

1932
March

1931

Febru- January
ary

Decem- NovemOctober SeptemAugust
ber
ber
ber

July

June

May

April

March

IRON AND STEELr-Contimied
Iron— Manufactured Products— Contd.
Cast-iron boilers— Continued.
Square boilers—
New orders
thous. of lbs__
Production
thous. of lbs__
Shipments
thous. of lbs._
Stocks, end of month
thous. of lbs._
Cast-iron fittings:
Production.
short tons-Shipments
short tons
Malleable fittings:
Production
short tons.
Shipments
_
_ short tons..
Radiators:
New orders.thous. sq. ft. heating surface..
Production thous. sq. ft. heating surface..
Shipments. _thous. sq. ft. heating surface..
Stocks, end of month
.
thous. sq. ft. heating surface. _
Range boilers:
New orders.
number..
Production
_ .number..
Shipments
_
number..
Stocks, end of month _ _
number..
Unfilled ordersTotal
number
Delivery, 30 days
. . number..
Delivery, more than 30 days.number..

14, 246
8,275
108, 388

10, 908
7,964
12, 193
101,777

19, 029
11,741
19, 137
106, 617

27,999
19, 751
31, 479
113, 226

22, 547
14, 231
25, 328
124, 657

19, 967
15,264
19, 413
137, 143

14, 765
13, 028
15, 184
139, 469

12, 200
13, 256
11,422
141, 522

10, 049
13, 140
9,537
139, 773

8,091
15,981
8,448
136, 840

9,771
14, 700
8,861
129, 643

2,052
2,552

2,206
3,195

2,861
3,852

3,621
3,564

5,381
4,778

5, 475
7,638

4,592
5,822

3,650
4,442

4,059
4,779

4,165
4,508

4,976
5,088

5,603
5,379

5,76S
5,665

1,133
1,344

1,464
1,518

1,602
1,627

1,620
1,609

2, 412
2,026

2,973
3,610

2,466
2,964

1,959
2,041

2,114
2,330

2,365
2,489

2,471
2,784

3,075
2,995

3,290
3,242

4,867
3,257

4,413
3,489
5,627

8,302
5,560
8,465

10, 342
7,292
11, 282

8,508
5,090
9,262

8,365
4,572
7,960

6,606
4,194
6,834

6,428
5,025
5,759

4,863
5,164
5, 003

4,330
5,957
4,293

4,451
6,781
4,013

33, 681

32, 225

34, 388

36, 798

40, 549

44,834

47, 414

50, 183

50, 953

50, 632

48, 978

40, 250
40, 738
41, 479
26, 180

36, 059
36, 883
37, 383
26, 921

40,816
32, 975
39, 018
27, 421

26, 066
32, 862
26, 743
33, 464

37, 427
37, 918
36, 930
26, 605

46, 680
51, 769
50, 127
25, 617

42, 109
39,211
41, 754
23, 975

35, 674
32, 003
33, 636
26, 518

39,066
44,611
46, 036
28,151

39, 428
42, 012
41, 001
29,576

41,768
43, 799
41, 744
28, 565

43, 287
48, 250
47, 148
26, 510

48, 73a
48, 051
49, 861
25,408

6,237
4,789
1,448

7,466
5, 760
1,706

8,790
7,240
1,550

6,992
6,092
900

7,520
6,309
1,211

7, 023
5,423
1,600

10, 470
8,470
2,000

10, 115
8,054
2,061

8,077
5, 922
2,155

15,047
12, 752
2,295

16, 620
9,944
6,676

16, 596
8,599
7,997

20, 457
10, 882
9,575

Steel— Crude
Prices, wholesale:
Composite, finished steel
dolls, per lOOlbs..
2.17
Iron and steel composite
_
dolls, per long ton..
29.62
Steel billets, Bessemer
(Pittsburgh)
dolls, per long ton. . 27.00
Structural-steel beams (Pittsburgh)
.dolls, per 1001bs__
1.56
Sheets, black, blue, galvanized, and fall finished:
New orders
net tons
101, 559
Production—
Per cent of capacity
per cent..
29.0
Total
net tons
110,559
Shipments
..
net tons.. 117, 685
Stocks, end of monthUnsold
net tons.
68, 677
Total
net tons
124, 008
Unfilled orders, end of month... net tons.. 102, 171
Steel castings:
New ordersTotal
._ . . short tons _
Miscellaneous.
short tons..
Railroad specialties
short tons..
Per cent of capacity
per cent..
ProductionTotal _.
short tons.
Miscellaneous
short tons
Railroad specialties
short tons _ .
Per cent of capacity
per cent
Steel ingots, production:
Canada .
._ thous. of long tons. _
United States, total... thous. of long tons..
1,411
United States, total
rel. to 1923-25_.
40.8
Per cent of capacity.. ...
percent.
25
U. S. Steel Corporation:
Earnings
thous. of dolls..
Unfilled orders, end of
month
_
.thous. of long tons. . 2,472
Unfilled orders, end of
month
rel. to 1923-25
51.8

2.11

2.11

2.16

2.18

2.18

2.20

2.19

2.20

2.19

2.21

2.22

2.23

29.56

29.98

30.32

30.61

30. 81

31.03

31.05

31.05

31.02

31.39

31.61

31. 66

27.00

27.75

28.80

29.00

29.00

29.00

29.00

29.00

29.00

29.50

30.00

30.00

1.53

1.51

1.60

1.60

1.60

1.60

1.60

1.65

1.65

1.65

1.65

1.65

108, 441

121, 258

99, 706

102, 867

117, 195

120, 688

122, 849

144, 461

163, 599

148, 612

191, 987

236, 310

32.5
124, 157
116,715

31.2
118, 921
112, 971

26.3
101, 570
103, 400

26.7
102, 758
94, 975

33.1
122, 739
129, 365

32.0
116,842
123, 371

34.9
123, 752
151, 529

46.3
174, 890
178, 460

40.3
147, 843
156, 160

56.6
201, 846
191, 942

58.2
213, 608
211,118

61.1
224, 322
208, 207

72, 857
124, 342
118,022

73. 540
119; 288
126, 508

80, 191
126, 540
119, 677

74, 763
133, 29(3
147, 169

70, 465
137, 243
159, 367

67, 337
143, 153
167, 366

75, 288
149, 533
170, 122

77, 953
160, 959
203, 358

75, 618
168,013
304, 107

82. 532
169, 444
296, 731

85, 415
176, 846
325, 169

89, 334
189, 915
383, 280

17, 015
13,615
3, 400
12

17, 344
13, 065
4.279
12

20, 799
13, 863
6, 936
14

20, 001
12, 832
7,169
14

22, 854
15, 893
6,961
16

23, 073
17, 050
6, 023
16

27, 458
20, 610
6,848
19

32, 869
19, 248
13, 621
23

26, 136
18, 539
7,597
18

39, 052
27, 746
11,306
27

46, 039
29, 844
16, 195
32

48, 184
37, 172
11,012
33

18, 759
14, 494
4, 265
13

18, 456
13, 790
4,666
13

22, 064
15,898
6,166
15

23, 139
16, 138
7,001
16

24, 113
16, 747
7,366
17

26, 948
19, 683
7,265
19

30, 186
21, 529
8,657
21

31, 751
23, 339
8,412
22

35, 018
25, 608
9,410
24

43,154
31, 083
12, 071
30

48, 282
35, 439
12, 843
33

56, 755
42, 544
14, 211
39

28
1,460
42.2
28

1, 461
42.3
27

21
1,302
37.7
24

28
1,594
46.1
30

31
1,592
46.1

33
1,548
44.8
28

52
1,719
49.7
31

45
1,886
54.6
34

56
2,076
60.1
38

75
2,506
72.5
45

91
2,722
78.7
49

99
2,994
86.6
54

1,032

1,249

1,690

2, 559

2,960

3,662

4,499

4,183

5, 136

7,191

2,546

2,648

2,735

2,934

3, 119

3,145

3,169

3,405

3,479

3,620

3,898

3,995

53.3

55.5

57.3

61.4

65.3

65.9

66.4

71.3

72.9

75.8

81.6

83.7

794
781

2 751
2 808

967
977

911
1,075

910
956

1,114
1,078

1,059
1,188

1,010
1,057

1,092
1,074

1,272
1,221

1,306
1,305

1,424
1,480

1,487
1,522

562

2 548

605

615

780

826

790

919

966

948

897

896

952

307
358

328
371

452
449

506
409

408
423

456
481

Steel— Manufactured Products
Furniture, steel:
Business groupNew orders
thous. of dolls
Shipments
thous. of dolls
Unfilled orders, end of
month
thous. of dolls
ShelvingNew orders
thous. of dolls
Shipments
thous. of dolls
Unfilled orders, end of
month. .
_. __ thous. of dolls
Iron, steel, and heavy hardware,
sales
rel. to Jan., 1921..
Iron and steel:
Exports
long tons
Imports
_
long tons
Lock washers, shipments
thous. of dolls..
Steel barrels:
Production
barrels. _
Per cent of capacity
per cent-Shipments
barrels-Stocks, end of month
barrels..
Unfilled orders, end of
month
thous. of barrels
2 Revised.




265
259

212
229

267
269

295
299

267
226

304
310

304
310

260

255

272

273

419

378

383

390

441

483

480

383

398

78

70

68

81

91

109

112

110

117

124

129

134

123

49, 927
35, 434

40, 492
20, 302
115

40, 660
25, 346
121

367, 472
25.3
369, 882
40, 319

359, 685
26.2
352, 135
42, 729

382, 483
27.9
385, 435
35, 179

453, 547
32.7
444, 201
44, 050

489, 555
35.3
492, 145
34, 704

451, 562
31.7
452, 960
37, 294

449, 590
31.6
455, 502
38, 692

580, 565
40.7
581, 450
44,604

552, 955
38.9
549, 781
45, 489

610, 788
43.1
618, 801
42, 315

591, 399
41.9
600, 566
50, 328

550, 583
39.9
554, 332
59, 495

1.176

925

620

549

638

914

1,030

939

1,078

1,053

1,195

1,253

------

57, 263 2 59, 556
23, 104
18, 125
80
81

59, 335 2 69, 778
24,509
23, 335
83
85

73, 338 2 84, 465 2 75, 577 2 95, 046
29, 689
28, 255
30, 987
21, 898
172
122
96
84

101, 434 2 109, 324
33, 343
40, 606
177
179

36

SURVEY OF CURRENT BUSINESS

May, 1932

MONTHLY BUSINESS STATISTICS—Continued
Earlier data for items shown here may
be found in the 1931 Annual Supplement to the Survey

1931

1932

March

Febru- January 1 Decem- Novem- October Septem- August
ber
ber
ber
ary

July

June

May

April

March

IRON AND STEEL— Continued
Steel—Manufactured Products— Contd.
Steel bars, cold finished, shipments short tons..
12, 810 2 15, 457
13, 808 12, 182 13, 034 11, 576 12,600 14, 413 16, 360 22,768 25, 141
Steel boilers, new orders:
652
659
560
642
245
435
Area—
_.thotis. of sq. ft..
267
383
401
786
373
564
797
788
282 !
786
Quantity
number
399
644
864
264
204
471
624
655
Steel plate, fabricated, new orders:
24,282
27, 261
18, 268
20, 839
22, 806
Total
short tons
12,564 2 17, 755
17,613 I 16, 442
33, 473
26, 210
29, 916
1,138
Oil storage tanks
short tons
4,136
778
1,755
1,955
4,024
4,679
1,161
4,783
2,411
7,749
4,115
Structural steel, fabricated:
New orders —
Computed total
. short tons _ 64, 400 2 62, 000 48, 400
97, 600
90, 800 109, 200 194, 400 124, 000 159, 600 172, 400 152, 400 284, 800
31.0
39.9
Per cent of capacity
per cent..
2 15.5
12.1
22.7
48.6
43.1
38.1
27.3
71.2
16.1
24.4
ShipmentsComputed total..
short tons. _ 82, 400 2 78, 000 65, 600 122, 800 111, 600 143, 600 149, 200 167, 600 180, 800 159, 200 145, 200 158, 800
45.2
39.8
27.9
35.9
41.9
Per cent of capacity
per cent..
2 19.5
37.3
16.4
30.7
20.6
36.3
39.7
4,409
1,948
3,472
Track work, production
_
short tons.. 3,229
2,162
3,924
5,705
2,765
2,936 |
2,373
8,564
7,453
Enameled Ware
Baths:
New orders
no. of pieces
Shipments
no. of pieces..
Stocks, end of month
no. of pieces..
Unfilled orders, end of
month _ ,
no. of pieces
Lavatories:
New orders
no. of pieces
Shipments
no. of pieces
Stocks, end of month
no. of pieces..
Sinks:
New orders _
no. of piecesShipments
no of pieces
Stocks, end of month
no. of pieces
Miscellaneous sanitary ware:
New orders _. .
no. of pieces
Shipments
no. of pieces..
Stocks, end of month
no of pieces
Small ware (except baths):
Unfilled orders, end of
month
_
no. of pieces
Porcelain enameled flat ware:
New orders —
Total
dollars
Signs.. . .
dollars
Table tops
dollars j
All other
dollars |
Shipments —
j
Total
dollars '
Signs
dollars j
Table tops
dollars
All other .
dollars 1

13, 686
15, 793
129, 726

24, 445
25, 473
126, 718

35, 703
36, 022
131, 858

33, 578
34, 980
134, 392

35, 463
37, 633
139, 496

46, 704
47, 922
138, 759

43, 228
43, 584
145, 140

42, 991
45, 512
152, 206

40, 111
40, 449
163, 037

25,011
625
596

31,056
2, 538
178,800
44.7
149, 200
37.3
8,944

33, 196
34, 938
166, 158

8,866

10, 973

12, 001

12, 320

13, 722

15, 892

17, 110

17, 466

19, 987

20,325

17,083
18, 947
162, 033

30, 269
30, 844
161,911

43, 238
44, 963
169, 509

41, 489
43, 372
176, 825

43, 521
45, 262
190, 226

53, 226
53, 585
192, 552

49, 181
50, 575
209, 841

51, 395
54, 520
218, 067

45, 440
43, 221
232, 277

33, 851
36, 642
230, 817

19, 786
23, 095
212, 825

34, 997
34, 163
212, 783

44, 287
46, 437
224, 726

43, 518
43, 070
226, 440

43, 174
44, 907
236, 005

51, 341
52, 963
245, 354

49, 928
51, 676
255, 269

54, 693
56, 845
260, 426

52, 771
49, 443
273, 154

41, 532
41, 787
267, 828

8, 959
10, 770
82,487

17, 418
17, 718
83, 492

26, 854
26, 175
80, 401

21,911
22, 231
86, 640

27, 324
28, 073
86, 455

27, 106
29, 082
94, 260

27, 463
26, 453
98, 384

21, 243
24, 490
101, 673

22, 995
21, 719
107, 917

IS, 641
18,811
109, 508

29, 481

36, 465

36, 506

39, 702

41, 457

45, 680

49, 637

51, 7G9

60, 293

53, 470

453, 141
207,824
72, 821
172, 496

537,926 ; 451, 740
234,015 : 224, 287
97,390 I 83, 056
206,521 144, 392

465, 431
159, 107
110,963
195, 361

706, 284
206, 012
205, 756
294, 516

701, 487
213, 856
175, 642
311, 989

564, 093
170,313
128,350
265, 430

649, 894
245, 943
168, 362
235, 589

637, 688
249, 455
132, 869
255, 364

716,
283,
148,
284,

502
526
700
276

670, 171
242, 938
161, 172
266, 061

707, 480
254, 769
173, 064
269, 647

461,070
187, 287
76, 662
197, 121

381,607 ! 512,019
141,231 268, 259
94,926 i 88, 218
145,450 ! 155, 542

492, 242
168, 489
123,793
199, 960

692. 415
182, 077
201,935
308, 403

704, 428
222, 332
180, 650
301, 446

638, 431
229, 459
131, 675
277, 297

690, 801
278, 732
163,979
248, 090

706, 838
290, 032
140, 545
276, 261

739, 656
290, 429
151, 647
297, 580

691, 107
256, 906
160, 892
273, 309

738, 358
293, 356
174, 347
270, 655

New orders, net— _
no. of piecesShipments
no. of pieces..
Stock, finished, end of month no. of pieces..
Unfilled orders, end of month... no. of pieces..

78, 606
78, 334
166, 642
79, 505

84,514 i 99, 791
93,431 • 100, 536
167,502 l 2201,837
79,233 i 88, 150

100, 194
100, 708
190, 034
88, 895

100, 275
111,422
191,933
89, 409

110,372
106, 466
199, 308
100, 556

106, 928
118,358
203, 213
96, 650

101,784
108, 525
21 1, 622
108, 080

122, 642
126, 368
200, 227
114,821

135, 674
125,652
211, 972
119,578

118,510
127,055
204, 586
109, 556

130, 895
117,445
213, 574
118, 101

Bathroom Accessories
Total:
Production...
no. of piecesShipments
no. of pieces-Stocks, end of month
no of pieces

77, 105 2 47, 416
82, 731 2 66, 547
637, 043 2642,669

64, 968
64, 403
661, 800

121. 490
104,849
645,909

154,106
166, 839
629, 268

160,401
153, 126
648, 161

163, 462
144, 466
640, 886

147, 999
162,497
621, 890

203, 283
192, 246
636, 388

189, 979
192, 848
625, 351

181,955
177. 051
628, 220

173, 588
166,084
623, 316

98.3

Plumbers' Woodwork

Shipbuilding
Rate of activity (elec. energy
consumed)
rel. to 1923-25
83.4
Building or under contract, end of monthMerchant vessels
thous. of gross tons..
Completed during month—
Total
gross tons
41, 991
Steel, seagoing
gross tons— 33, 509

99.2

93.2

94.6

95.0

84.5

88.9

85.6

82.0

84.8

89.7

92.5

229

252

249

279

288

294

299

326

359

370

397

409

3,703
2,610

2,913
1,594

23, 055
19, 549

23, 229
19, 402

4,261
1,201

27, 906
25, 002

11, 554
7,150

30, 471
25, 363

22, 647
16,964

34, 527
28, 613

13,766
4,985

17,443
13, 976

13,800

11,400

17, 700

15,700

20,200

24,700

20,400

22, 700

28,300

2,600

31,100

2703
269
388
246

753
30
361
363

1,108
75
514
519

1,387
85
642
660

1,576
98
630
848

1,516
81
620
814

1,449
87
621
740

1,796
104
889
803

1,622
139
852
631

1,738
215
831
693

1,495
90
830
574

1,367
112
779
477

143
53, 188
58, Oil

82
32, 921
36, 332

140
59, 907
48,045

104
48, 243
65,714

165
71, 451
62,493

132
63, 032
81, 465

203
85,526
73, 163

192
90, 964
142, 143

220
109, 245
122, 189

293
142, 692
115, 809

276
125, 550
101, 746

261
117, 216
134, 995

56
57

65
40

70
138

44
102

73
157

84
235

91
345

160
435

261
410

307
310

274
416

671
261

396

383

372

435

497

581

736

990

1,264

1,413

1,420

1,552

32.9
15.7

20.5
28.8

26.3
24.9

17.2
32.9

45.9
26.2

31.9
29.6

16.9
37.4

38.7
55.7

40.9
90.4

54.1
118.6

57.7
69.7

174.4
72.9

41.3

29.1

36.5

40.8

66.8

35.6

32.1

51.8

70.1

123.8

180.1

314. fi

Machinery
Total exports
thous. of dolls.. 13,500
Air conditioning equipment:
New orders—
Total..
- „. _ thous. of dolls —
691
Air washer group
thous, of dolls..
67
Fan group
thous. of dolls..
385
Unit heater group
thous. of dolls..
239
Electric hoists:
New orders—
Quantity _.
no. of hoists .
168
Value
-. _ .
dollars. . 76, 179
Shipments
dollars.. 69,073
Electric overhead cranes:
New orders
thous. of dolls..
52
Shipments
-thous. of dolls..
37
Unfilled orders, end of
month
thous. of dolls..
411
Foundry equipment:
New orders
__ rel. to 1922-24.
27.9
Shipments
rel. to 1922-24—
38.3
Unfilled orders, end of
32.1
month
rel. to 1922-24..
• Revised.




2

29,300

37

SURVEY OF CURRENT BUSINESS

May, 1932

MONTHLY BUSINESS STATISTICS—Continued
Earlier data for items shown here may
be found in the 1931 Annual Supplement to the Survey

t

1932

March

Febru- January
ary

1931

Septem- August
ber

Decem- [ NovemOctober
ber
I
ber

July

May

June

April

March

IRON AND STEEL— Continued
Machinery— Continued
Machine tools:
New orders
_rel. to 1922-24__
33
52
Shipments . __
rel. to 1922-24
Unfilled orders, end of
64
month
rel. to 1922-24
Oil burners:
New orders
no. of burners
4,055
Shipments
no. of burners.. 3,956
Stocks, end of month
no. of burners. . 9,399
Unfilled orders, end of
month
_ __ no. of burners
468
Patents granted:
57
Agricultural implements
number.. _
Internal-combustion engines
number. .
38
Total, all classes
number
4,897
Pulverized-fuel equipment:
New orders, central systemFurnaces and kilns.no. of pulverizers..
0
Water-tube boilers.no. of pulverizers. .
0
New orders, unit system—
Fire-tube boilers no. of pulverizers..
Furnaces and kilns.no. of pulverizers,.
0
Water-tube boilers.no. of pulverizers. .
Pumps (water) :
Domestic shipmentsPitcher, hand, and windmill
. _ . no. of units
Power horizontal type no of units
Steam, power, and centrifugal —
New orders
thous of dolls
598
Shipments
thous. of dolls..
520
Un filled orders, end of
month
thous. of dolls.. 1,878
Purnps (gasoline and other) :
Shipments —
Gasoline —
Hand operated. _ _
..units
Power operated
units- OtherHand operated _
units
Power operated
units
Stokers, mechanical, sales:
Power
horsepower. . 17, 576
Quantity
number
39
Water-softening apparatus, shipments
__ __no. of units
363
Water systems shipments
no. of units
Woodworking machinery:
5
Cancellations
thous. of dolls246
New orders
thous. of dolls..
195
Shipments
thous. of dolls .
147
Shipments
no. of machines
Unfilled orders, end of
302
month
thous. of dolls..

38
44

59
47

51
50

68
57

56
92

45
85

72
96

62
72

74
95

105
91

87
96

118
92

97

108

104

97

97

140

182

202

212

232

238

225

3,432
3,368
9,724

3,570
3,643
9,574

3,566
3,804
9,190

5,852
6,413
8,860

13, 542
14, 234
8,326

12,329
12, 536
9,748

10, 621
10, 035
10, 155

8,010
7,491
10, 113

6,046
6,044
9,193

5,132
5,562
8,553

5,528
5,248
10, 036

4,836
4,406
8,603

369

305

378

616

1,177

1,869

2,076

1,490

971

969

1,399

1,119

60
57
3,963

51
52
3, 913

75
72
5,303

79
44
4,163

54
57
4, 074

62
66
4,750

54
69
4,088

55
60
3,962

79
67
5,270

60
58
4,270

67
68
4,167

67
68
4,789

0
0

0
0

0
0

0
0

0
1

0
0

1
0

0
0

0
0

0
0

0
2

0
2

0
2 ;
7

1
2
2

0
0
5

2
0
1

4
3

4
1
4

5
1
11

4
3
14

3
1
0

1
1
9

2
2
13

0
0
12

18, 090
446

22, 554
343

19, 458
376

17, 703
864

22, 926
1,057

25, 984
1,084

29, 619
2,224

35, 260
2, 331

33, 574
2,253

26, 772
2,154

29, 153
2,163

29, 752
1, 783 •

508
426

449
390

561
700

475
627

563
696

599
886

775
800

874
944

875
1,028

921
1,037

1,075
918

950
1,036

1,802

1, 726

1,680

1,852

2,023

2,161

2,449

2,441

2,471

2, 605

2, 762

2, 616

1,870
5, 174

2, 101
24,272

2, 203
3, 893

2,280
4,311

3, 3C6
5,627

2,810
4, 939

3,378
6, 252

4,428
7, 044

4,927
9,880

6, 593
13, 295

17, 745
411

17,849 f
1, 151

19, 770
506

24, 051
619

27, 639
1,664

22, 579
1, 502

27, 217
1,501

44, 015
1,504

46, 239
1,677

47, 130
1,413

9,447
32

25, 372 '•
54

11,072
48

13, 231
62

20, 339
83

22, 462
96

29,971
128

20,735
101

29,889
111

23, 646
80

18, 723
65

17. 993
63

321
4,224

267
5,245

370
4, 009

458
5, 237

518
6,267

500
6,909

429
8,119

525
7,936

567
9,006

605
9,336

692
7,863

756
6,331

220
250
179

1
209 :
248
196 |

6
310
301
271

3
312
257
200

8
377
347
371

7
345
379
331

6
447
572
513

16
533
448
421

46
503
463
391

21
487
513
393

10
484
451
356

16
527
545
400

249

275

325

405

340

336

356

534

479

516

518

479

NONFERROUS METALS AND PRODUCTS
Production index (Fed. Res.
Bd.)
Production index (elec. energy
consumed)
Stocks, end of month
Stocks, raw materials, end of
month _ _

rel. to 1923 25

rel. to 1923-25
rel. to 1923-25..

64.8
197.3

74.8
197.3

rel. to 1923-25

127.9

2 137.7

'64

63

62

68

72

74

78

75.0
201. 0

73.3
199.9

69.3
203.3

78.6
213.7

94.0
219.3

94.6
220 .4

103. 5
219.9

163.9

152. 0

147.9

137.7

127.7

122.4

126.9

1418

607
1,239
1,846

552
1,466
2,018

497
1,326
1,823

404
1,347
1,751

511
1,393
1,905

702
1, 576
2,278

731
1,646
2,377

716
1,797
2,513

832
1,779
2,611

13, 599

15,215

11,429

17, 201
40, 459

19, 271
45,816

22,381
43, 144

23, 244
50, 217

22, 951
45, 265

24, 179
54, 567

31,536
74, 685

.0658

. 0656

.0699

. 0729

.0770

.0803

. 0867

. 0939

. 0985

60
38,088

59
38, 925

59
38, 228

67
44,473

68
45, 580

69
46,452

70
48, 702

86, 704
47,012

90, 190
47, 246

96, 408
46,503

98, 275
51,652

102, 695
53, 734

100, 501
52, 085

102, 058
57, 922

178,425 176, 105
\ 479,896 455, 775
, 423. 9
402.6
i 120,689 | 121,655

179, 658
440, 417
389.1
121, 504

187, 353
413, 474
365. 3
126, 722

190, 578
398, 667
352.2
130,486

193, 876
367, 921
325. 0
128,877

198,811
354, 205
312.9
136, 958

2,290
31,577
32, 157

1,432
28, 800
30, 708

1,881
41,576
39,519

1,995
34,816
35, 498

3,762
35, 498
41,775

72.7
199.6 \

70. 9
200. 1

146.8

154. 5

167.4

434
1,143
1,577

463 i
1,281 i
1,744

577
1,047
1,624

17, 572

16,831 \
.0706

2

76.0
200. 9

2

71.0
202. 0

2

Raw Materials
Babbitt metal consumption:
407
Direct by producers
thous. of lbs_.
Sale to consumers
thous. of Ibs.. 1,188
3,595
Total apparent
thous. of Ibs..
Copper:
Exports, refined
short tons.. 15, 432
Domestic shipments, refined short tons
Price, wholesale, electrolytic
(N. Y.)
dolls, per lb- . 0576
Production—
Index (Fed Res Bd ) rel to 1923 25
.Mines
short tons
Refined (N. and S.
America)..
. short tons
Smelters
short tons
Stocks (N. and S. America).
end of month —
Blister . _
short tons..
Refined
short tons
Refined
rel to 1923 25
World production, blister
short tons-Lead :
Ore shipments—
Joplin district
short tons . 2,330
Utah
short tons
30, 345
Production, refined
__
short tons
Production (Fed. Res.
55
Bd.)
rel. to 1923-25..
Price, pig, desilverized (New
York)
dolls, per lb- .0315
Receipts in United States, ore-short tons..
'Revised.




.0597

i

i
i ~

~

•

. 8678

•-- --

~\

2,110

5,722

28,081

32,180 i |

33,576

59 !;

62

58

66 :

.0375 i .0379
31,279 i; 28,611

.0394
28,406

.0396 I
32, 788 ,

54

.0371

1,278

1,401
27, 535
31,671

1,524
34, 807 i
36, 546

2,911
25,305
31,966 I
65
. 0440 i
33, 228 !

3, 064
27, 711
34,144

62

66
. 0440
33.385

1

.0440
30.136 ,

2

58

75

69

76

.0392
32.551

.0382
35.677

. 0441
34. 694

.0453
37. 878

;

38

SUEVEY OF CUREENT BUSINESS

May, 1932

MONTHLY BUSINESS STATISTICS—Continued
Earlier data for items shown here may
be found in the 1931 Annual Supplement to the Survey

19325
March

1931

Febru- January
ary

December

Septem- August
N0
beerm~ October
ber

July

June

May

April

March

NONFERROUS METALS AND PRODUCTS— Continued
Tin:

Raw Materials— Continued

Deliveries (consumption)
..long tons..
Imports (bars, blocks, etc.)
long tons_.
Price, wholesale, Straits (New
York)
dolls, per lb._
Stocks, end of monthUnited States
long tons
World visible supply
long tons.Zinc:
Ore, Joplin districtShipments
.short tons..
Stocks, mines, end of month
short tons...
Price, slab, prime western (St.
Louis)
dolls, per lb__
Production
short tons
Retorts in operation, end of month
number..
Stocks end of month
.short tons. .

3, 285
2, 497

2, 825
2, 254

3,550
2, 412

3, 380
2,130

3,550
5, 301

.2186

. 2203

.2184

.2135

3,841
50, 780

4, 578
51,300

5, 342
50, 043

6,254
51,313

12, 071

12,239

14, 482

86,998

87,917

.0279
22, 493

. 0282
21, 516

22, 016
129, 451

2

5, 015
4,882

5,270
5,249

5,100
5,587

5,185
4,698

5,505
5,483

6,630
6,126

6, 120
6,986

.2281

.2276

.2468

.2575

.2502

.2341

.2320

.2512

.2707

7, 458
50, 583

6, 773
50, 602

5, 868
50, 722

6,213
50, 987

5,838
51, 707

5,633
51, 626

5,698
51, 231

6,212
48, 462

7,917
48, 607

16, 228

14, 854

19,446

83,000

85, 610

. 0321
. 0315
.0338
2 21, 868 2 20, 443 * 21, 548

.0301
22, 516

21, 752
22, 044
129, 534 2 129, 914

5,385
5,607

2

21,374
19, 428
19, 875
129, 842 a 131, 015 2 130, 535

Manufactured Products
•Electrical equipment:
Delinquent accounts, electrical trade.
(See under Distribution movement.)
Electric furnaces, new orders kilowatts. _
1,982
3,610
1,277
Electric goods, new orders
3
(quarterly)
thous. of dolls ..
151 586
Electrical porcelain, shipmentsGlazed nail knobs. -.thous. of pieces..
698
983
830
631
Special
dollars
54, 941
44, 699
37,840
38, 748
Standard
dollars-- 17, 183 25, 320 j 25, 332
19, 483
Tubes
thous. of pieces...
424
369
475
255
Unglazed nail knobs. thous. of pieces-564
578
444
268
Industrial reflectors sales
units
41,322
38,748
46,261
45, 000
Laminated phenolic products,
shipments
thous. of dolls..
455
438
363 I
413
Manufactured micaShipments
thous of dolls. _
86 1
94
73
Unfilled orders, end of month
thous. of dolls..
69
75
73
Motors (direct current)—
Billings (shipments)
dollars..
300, 456 231, 826 414, 642
New orders .. .
... -dollars..
251,509 150,148 354, 236
Nonmetallic conduits, shipments
thous. of feet..
1,384
1,831 | 2,258
Panelboards and cabinets,
shipments..
..thous. of dolls..
193
211
248
Power cables, shipments... thous. of feet..
743
958"
623
537
Power switching equipment, new orders —
Indoor..
dollars..
36, 686
30,854
28,777
Outdoor
- -dollars _
85, 660 116, 112 197, 708
Vacuum cleaners, shipments
units..
Vulcanized fiber —
Consumption
thous. of lbs._
872
1,003
1,131
1,269
Shipments, total
thous. of dolls. _
261
270
246
301
Welding sets, new ordersMultiple operations _
units..
2
0
3
Single operation
. units. _
122
83
88
:Miscellaneous products:
68.2
Brass sheets
rel. to 1926..
70.1
68.3
Copper-wire cloth —
New orders
thous. of sq. ft..
274
340
304
Make and hold orders,
end of month
thous. of sq. ft..
571 j
592
595
Production
-thous. of sq. ft_.
204
357
366
Shipments
thous. of sq. ft_.
285
289
288
Stocks, end of month thous. of sq. ft_.
880
1,031
965
Unfilled orders, end
of month
thous. of sq. ft..
164
114
165
Enameled sheet-metal ware,
shipments
dozen pieces..
270, 198 2 198, 878 233, 267
Pails and tubs, galvanized —
Production
...dozen pieces..
72, 558
87, 096
110, 474
Shipments
dozen pieces
88, 382
63, 163
105,966
Other galvanized wareProduction
_ -dozen pieces. _
21, 472 J 13, 612
11, 758
Shipments
dozen pieces. _
9,406
19, 354 2 13, 254

1,513

17, 113

20, 243

12, 059

14, 395

22, 470

27, 261

17, 163

81, 190

79, 533

76, 566

70, 935

65, 480

61, 110

63, 001

.0374
21, 327

.0382
21, 467

.0389
21, 365

.0342
23, 483

.0331
25, 688

.0372
29, 137

.0400
32, 328

20, 417
130, 168

19, 305
129, 701

19, 266
131, 833

19, 022
138, 928

20, 624
143, 049

26, 672
143, 212

31,821
141, 493

1, 231

3,975

1,956

1,732

2,680

1,791

2

2

1, 862
3

3224,348

157 304

2,046
s 182, 486

1,276
63, 044
29, 447
509
987
43, 287

1,844
84, 617
40, 171
1,000
1,973
59, 103

2,038
82, 485
42, 562
869
1, 095
54, 691

1,643
74, 183
38, 303
971
901
56, 735

1,482
66, 906
33, 042
516
562
61, 794

1,263
77, 194
41, 331
592
929
66, 188

2,061
78, 983
57, 462
1,309
2,323
67, 256

2,144
76,313
52, 009
890
1,281
72, 003

430

570

639

632

619

633

707

626

73

76

79

103

81

92

128

135

81

73

81

87

100

97

119

138

142
110

276, 905
248, 265

387, 770
311, 793

365, 930
413, 864

365, 877
299, 081

360, 444
377, 129

450, 165
402, 130

455, 325
440, 476

473, 767
536, 272

445, 833
3G6, 958

1,782

2,005

3,356

4,487

2,777

2,447

4,091

5,112

3,508

245
973

333
1,137

326
806

367
840

336
890

338
1,106

339
1,303

324
1,619

345
1,630

39, 191
323, 412
67, 643

37, 547
244, 122
59, 074

40,586
188, 043
47, 142

48, 707
175, 629
37, 952

47, 041
360, 325
35, 447

52, 697
240, 081
43, Oil

73, 567
208, 713
70, 303

111,875
216, 145
79, 527

75, 303
269, 425
82, 279

1,057
262

1,398
313

1,407
332

1,345
348

1,783
344

1,624
402

1,541
419

1,475
432

1,975
484

0
89

0
108

0
115

0
80

0
120

2
134

0
165

8
169

11
177

68.2

68.3

79.7

80.9

82.5

82.8

86.8

90.4

91.4

366

308

339

326

328

275

275

299

357

583
312
254
953

522
338
312
910

509
333
316
911

504
330
330
889

546
302
324
898

560
253
274
934

514
256
277
1,073

554
340
297
1,096

557
330
308
1,079

1,458
78,716
52, 599
783
1,224
69, 484
689

160

129

135

134

158

145

302

174

186

197, 080

255, 782

307, 068

251, 544

246, 858

232, 672

264, 953

281, 339

312,916

67, 145
72, Oil

98, 340
88, 270

110, 253
120, 851

134, 003
129, 693

103, 345
114, 134

92, 460
90, 747

121, 413
122, 072

143, 258
140, 080

147, 278
144, 052

15, 760
16, 087

26, 626
27, 792

32, 276
36,007

34, 709
32, 764

26, 970
27, 334

26, 304
28, 724

28, 390
34,188

34, 929
42, 287

31,542
29, 579

99.3

PAPER AND PAPER PRODUCTS
New orders
rel. to 1923-25
.Production index (Fed. Res.
Bd.).
. rel. to 1923-25..
Production index (elect, energy consumed)
(paper and pulp)
__ rel. to 1923-25. _
Stocks, end of month
rel. to 1923-25
Wood Pulp
<Qround wood:
Consumption and shipments
Imports
__
Production
Stocks, end of month




short
short
short
short
2

112.9
147.9

tons
tons . 11, 249
tons..
tons..
Revised.

86.2

2 84. 5

269.2

281.0

91.0

96.7

90.5

93.2

90.7

102.7

101.3

99

97

97

97

100

104

105

109

107

111

109

110

116.1
125.9

109.3
124.0

107.0
125.1

126.1
123.9

113.0
122.2

138.3
128.2

121.7
128.6

104.0
128.6

112.4
129.7

135.1
126.1

109.6
131.2

123. 0
123.4

110,803 2 110, 035 2113,483
17, 339
22, 757
21, 066
113,174 2112,954 2120,963
89, 135 2 86, 765 283,845

110,715
21, 842
104, 788
76. 332

106, 094
18, 750
96, 920
82. 260

100, 180
14, 433
87, 638
91. 434

111, 463
17, 725
102, 197
103. 975

118, 371
13, 512
121, 103
115. 235

118, 157
12, 851
136, 858
111.832

116, 914
23, 136
136, 438
93. 131

111,165
14, 652
116,311
73. 606

19, 127

3 Quarter ended in month indicated

39

SURVEY OF CURRENT BUSINESS

May, 1932

MONTHLY BUSINESS STATISTICS—Continued
Earlier data for items shown here may
be found in the 1931 Annual Supplement to the Survey

1931

1932

Febru- January j Decem- 1 Novem- October Septem- August
ber
ary
ber
ber

March

July

June

May

April

March

PAPER AND PAPER PRODUCTS— Con.
Wood Pulp— Continued
Soda:
Consumption and shipments— short tons..
Production
short tons..
Stocks, end of month
short tons..
Sulphite, unbleached:
Consumption and shipments.. short tons..
Imports
.short tons
34, 094
Price
dolls, per 100 lbs_.
1.58
Production ._
._
short tons..
Stocks, end of month
.short tons..
Sulphite, bleached:
Consumption and shipments- .short tons__
Imports
.
-. .short tons. . 33, 117
Production . .
short tons..
Stocks, end of month
short tons..
Total sulphite:
Consumption and shipments— short tons...
Production
..
short tons__
Stocks, end of month .
.short tons-.
Sulphate:
i
Consumption and shipments— short tons..
Production
short tons i
Stocks, end of month _
short tons..
Other grades:
Consumption and shipments, short tons..
Production.
__
short tons..
Stocks end of month
short tons
Total chemical (all grades):
Consumption and shipments. .short tons..
Production
short tons. _
Stocks, end of month .
short tons..!
Paper
Box board:
Consumption of waste paper. .short tons.. 190, 472
New orders
. ...
short tons.. 195, 333
Operation
.thous. of inch hours.. 7,278
Operation
. p. ct. of capacity-60.1
Production — .
short tons.. 205, 737
Shipments
short tons.. 202, 749
Stocks end of month
short tons
79, 926
Stocks of waste paper, end of month —
In transit and unshipped
purchases
short tons.. 38, 275
At mills
short tons 163, 196
Unfilled orders, end of month, .short tons.. 35, 173
Newsprint:
Consumption by publishers,
United States
short tons 156, 205
Exports, Canada
short tons.. 171, 651
Imports, United States
short tons.. 151, 786
Price, roll, destination,
N. Y. basis
dolls, per short tons.. 53.00
ProductionCanada
short tons . 166, 758
United States total
short tons 100, 034
Per cent of capacity
per cent
Shipments —
Canada
short tons 163, 806
United States
short tons _ 94, 282
Stocks, end of month—
At millsCanada
... short tons_. 63, 548
United States
short tons
38, 677
At publishers, U S
short tons . 175, 566
In transit to publishers,
United States
short tons
34, 570
Other paper:
Binders' board, production short tons.. 1,366
Book paper:
Production
short tons..
Per cent of capacity
per cent
Shipments
short tons
Stocks, end of month
short tons '•
New orders52
Coated p. ct. of normal production..
61
Uncoated.p. ct. of normal productionUnfilled orders, end of month —
4
Coated
days' production
5
Uncoated
days' production..
Fine paper:
Production
short tons
Per cent of capacity
percent
Shipments
short tons •
Stocks end of month
short tons
Wrapping paper:
Production
short tons
Per cent of capacity
per cent
Shipments
short tons >
Stocks end of month
short tons
All other grades:
Production
short tons
Shipments
short tons L __
Stocks, end" of month
.short tons..1
Revised.




i

18, 088
19, 336
4,516

19, 876
21, 226
4,058

21, 558
21, 528
3,598

24, 278
25, 508
4,620

23, 502
24, 362
4,502

23, 572
24, 834
4,660

25, 960
27, 230
4,480

27, 412
28, 102
4,414

27, 660
29,304
4,998

22 634
67, 062
2.15
2
26, 108
2 7, 402

21, 170
53, 014
2.15
19, 814
5,724

16, 698
49, 314
2.15
19, 800
6,388

19, 026
49, 300
2.15
16, 922
5,052

17, 544
52, 061
2.15
17, 924
5,578

16, 790
52, 745
2.15
19, 092
5, 500

19, 020
34, 483
2.15
19, 494
4,256

21, 178
30, 724
2.15
21, 076
3,936

18, 882
34, 289
2.35
18, 878
4,316

2

34. 116
35, 726
35,
016
2
7, 118

37, 090
29, 169
37, 080
6,156

35, 784
34, 943
36, 232
6,166

37, 818
29, 510
37, 736
5,718

35, 448
23, 109
35, 262
5,800

38, 080
29, 558
39, 048
5,986

37, 440
28,614
38, 262
5,018

37, 272
30, 511
36, 092
4,196

40, 544
32, 863
40, 600
5,376

114, 456 2 103, 600 2109,796
115, 256 2105,802
2114,846
25, 924 2 27, 844 2 27, 788

112, 224
109, 894
24, 198

105, 666
109, 558
25, 836

108, 924
107, 430
23,710

105, 294
107, 664
23, 626

111,282
115, 200
21, 558

110, 722
110, 840
18, 698

115, 960
115. 974
18, 734

115, 794
115, 022
18, 998

23.322 !
23,998
3, 762

22, 086
22, 682
4, 124

22, 628

2 20, 628
46, 789
1.81
2
22, 908
2 7, 536

71, 970 3 84, 424
!
1.58
1.58

i"'
1
;

"

34, 400

25,136
7,328
37,384
30, 689
36, 202
5, 162

2

2

33, 632
25, 288
2 232, 858
6, 344

2

34, 024
35, 686
3,670

23, 956
31, 276
4,348

33, 828
36, 624
4, 144

37, 174
39, 004
3,848

35, 202
36, 866
4, 604

36, 630
38, 522
5,384

38, 156
39, 228
6,050

39, 828
40, 948
7,524

39, 590
41.870
9,076

39, 082
41, 292
9,594

34, 014
36, 542
10,15

954
998
394

804
920
352

844
768
236

1,168
1,062
312

986
942
418

754
890
462

1,078
1,202
326

778
774
202

1,072
514
206

844
898
764

1,184
1, 188
710

162, 556
171, 574
36, 684

170, 442
171, 186
32, 416

163, 412
168, 894
34, 456

170, 586
172, 350
34, 176

168, 030
172, 456
34, 504

175, 460
181, 756
33, 944

177, 344
180, 454
32, 460

183, 298
186, 266
33, 506

178, 652
182, 056
34, 858

172, 756 2 155, 446
175 936 2 2160, 680
33, 750
36, 668

2
2

2

2173,395
2
188, 734
2 6, 529
58.2
2
186, 756
2
190. 007
2
76, 938

177, 610
189,131
6, 366
56.8
182, 306
187, 118
80, 189

146, 368
138, 042
5,802
49.8
1G3, 539
164, 630
85, 001

172, 830
181, 500
6.637
61.7
185, 776
179, 932
86, 092

209, 903
218, 527
7,840
64. 8
218, 157
218, 489
79, 248

205, 084
235, 382
7,946
70.9
221, 684
221, 261
79, 580

200, 138
215, 752
7,685
65.9
213, 614
218, 244
79, 157

233,686
221, 048
8,114
69.6
222, 927
221, 980
83, 787

208, 513
223, 990
8, 200
70.3
224, 110
223, 328
82, 840

227, 125
236, 173
8,727
77.8
232, 020
231, 746
82, 058

206, 571
224, 021
7,903
67.8
230, 537
227, 806
81, 784

210, 590
222, 511
8, 175
70.1
226,011
224, 023
79, 053

34, 219
163, 522
42, 589

30, 537
168, 422
43, 862

28, 192
172, 761
36, 345

42, 181
158, 674
62, 933

38, 055
151,658
61, 365

45, 386
149, 029
61,327

47, 549
148, 042
47, 208

47, 052
166, 006
49, 698

50, 558
169, 570
50, 630

39, 209
182,812
49, 968

25, 02o
167,478
45, 541

51, 301
167, 846
49, 326

142, 883
142, 445
127, 089

151, 181
172, 914
166, 516

160, 146
161, 835
168, 087

174, 092
171, 151
176, 228

173, 852
171, 031
180, 230

152, 422
161, 171
159, 946

146, 249
160, 175
157, 037

157, 119
157, 205
173, 457

161, 265
189, 739
188, 919

179, 836
185, 432
192, 688

174, 325
152, 360
175, 242

179, 340
200, 545
169, 345

2

2

53.00

53.00

57.00

57.00

57.00

57.00

57.00

57.00

57.00

57.00

57.00

57.00

158, 543
87, 157

171, 321
94, 247

165, 173
93, 861
63

175, 643
94, 149
66

184, 252
97,117
63

178, 412
91, 241
64

165, 124
88, 344
59

182, 731
99, 548
67

193, 971
101, 088
68

202, 607
101, 202
69

205, 838
102, 450
70

187, 005
100, 590
68

150, 951
86, 638

171, 843
94, 550

165, 017
93, 550

173, 601
93, 723

191, 725
98, 616

178, 181
90, 303

162, 303
89, 047

175, 350
97, 225

194, 144
100, 087

202, 280
102, 555

205, 752
101, 819

187, 730
101, 044

61, 195
32, 925
191, 666

53, 683
32, 406
192, 817

54, 214
32, 709
195, 505

48, 735
32, 398
187, 839

42, 963
31, 953
190, 367

50, 451
33, 517
197, 716

49, 128
32, 607
202, 121

47, 288
33, 616
203, 944

39, 832
33, 906
189, 990

39, 902
32, 956
178, 333

39, 754
34, 289
185, 560

2 40, 330
32, 254
190, 728

38, 913

37, 612

40, 495

42, 064

38, 022

34,379

30, 879

34, 566

39, 041

44, 859

45, 352

44,011

1,296

1,236

1,301

1,320

1,224

1,560

1,695

2, 069

1,535

1,486

1,809

1, 401

100, 093
66
107, 668
82, 902

103, 509
69
105, 660
85, 115

95, 576
67
103, 588
87, 477

102,111
66
105, 379
85, 594

98, 563
69
101, 323
89, 440

106, 439
71
104, 097
92, 684

108, 015
71
107, 075
89, 984

113,022
77
111,327
90, 985

117,609
78
113, 140
92, 464

117,374
79
118,782
87, 395

117, 964
80
119,026
89,088

58
66

52
66

53
59

55
58

57
57

53
61

58
60

52
65

70
67

76
68

64
74

4
5

4
5

5
5

4
4

4
5

24
5

5
5

6
5

5
6

6

7
6

6
6

27, 371 2 27, 031
50
48
27, 043 22 27, 734
57, 349
56, 735

27, 793
56
29, 071
54, 398

26, 443
55
27, 606
57, 489

26, 386
55
27, 441
58, 658

26, 408
55
27, 728
59, 723

29, 364
59
28, 395
62, 725

30, 793
64
31, 501
61, 758

32,451
67
33,100
62, 459

35, 141
74
33, 981
62, 905

70, 344
80
71, 329
76, 035

2

57, 739 2 61, 902
65
77
60, 280 2 63, 821
2 76, 991 2 79, 521

73, 347
79
72, 027
81, 318

72, 107
81
69, 151
80, 021

78, 360
90
76, 479
77, 047

78, 074
88
78, 777
75, 146

78, 174
87
76, 845
76, 051

78, 377
88
76, 888
78, 107

79, 261
91
80,371
76, 582

75,404
85
76, 083
77, 718

77, 835
80, 185
97, 358

2
71, 252 2 78, 702
2
70, 272 2 74, 423
296,818 2 95, 091

77, 934
80, 425
64,500

77, 505
79, 574
66, 020

78, 271
81,315
68, 192

74, 728
74, 062
70, 755

75, 655
75, 895
69, 174

78, 509
83, 882
68, 734

80, 983
81, 268
71, 545

74,123
74, 186
69, 540

32, 126
64
33, 347
55, 516

2
2
2

2

2

5

2

56
58

2

Quarter ended in month indicated.

40

SUKVEY OF CUERENT BUSINESS

May, 1932

MONTHLY BUSINESS STATISTICS—Continued
Earlier data for items shown here may
be found in the 1931 Annual Supplement to the Survey

1933

1931

j

Febru- January |
ary

D

March

^f NOVMO- October Septem- August
ber

July

June

May

April

March

PAPER AND PAPER PRODUCTS— Con.
Paper— Continued
Total paper (including newsprint and box
board):
Production
short tons_.
Per cent of capacity
per cent..
Shipments
short tons
Stocks end of month
short tons

556, 951 2517,271 2544,136
64
59
65
574, 197
521,435 2543,221
424, 406 2433,369 M37,928

596, 459
67
604, 007
397,011

587, 543
70
589, 218
406, 067

591,414
67
596, 623
408, 345

607, 700
70
606,847
413, Oil

621,411
71
615, 877
415, 681

638, 510
72
639, 712
416, 077

643, 056
74
643, 146
414, 054

629, 233
73
628, 343
410, 558

53, 373
6,552

54, 721
7,119

51, 948
7,832

54, 431
8,705

62, 268
8,218

65, 452
9, 525

64,910
9,528

82
71
79

80
68
77

78
68
76

81
71
79

84
65
79

81
67
78

79
62
75

448, 910
103, 740
552, 650
75

449, 285
106, 800
556, 085
67

402, 031
95, 582
497, 613
65

416, 282
99, 754
516,036
44

417,407
100,301
517,708
55

401,874
102. 609
504, 483
60

391, 043
93, 875
484, 938
65

Paper Products
Abrasive paper and cloth:
Shipments—•
44, 820
46, 700
46, 061
Domestic
- -reams35, 433
38, 272
53, 348
5,365
Foreign
.-. _
reams. . 7,648
5, 323
6, 376
5, 323
6,942
Paper-board shipping boxes:
Operating time77
74
67
Corrugated
p. ct. of normal
59
70
81
65
Solid fiber
p. ct. of normal..
68
56
54
57
66
75
Total
. p. ct. of normal .
73
64 |
58
67
77
Production —
Corrugated.
thous. of sq. ft.. 390, 279 374, 636 344, 994 286, 897 346, 527 438, 296
91,83,5
Solid fiber
thous of sq ft
84, 800
81,377
79,543 ! 82,788 101,997
482,114 459, 436 426, 371 366,440 i 429,315 540, 293
Total
thous. of sq. ft
Rope paper tacks, shipments, .rel. to 1921-22-49 |
64
69
PRINTING
Blank forms, new orders
Book production:
New books
NPW editions
Printing pctivity
Sales books:
New orders
Shipments

thous. of sets..
no. of titles
no. of titles
rel to 1923
thous. of books
thous, of books. _

48, 751

51,660

675
106

639
118
86

8, 906
9, 783

8, 654
8, 456

9,261
9,201

85

92

541 !
121
84

44,919 ;

48,309

57,819

47,351

45, 455

50, 357

48, 322

55, 266

48, 877

52, 887

656 ;
142 i
82 i

724
103
83

1,070
157
79

735
147
83

770
194
76

568
150
77

£86
117
84

708
178
96

640
220
97

746
107
1*

8,096 i
9,313 ;

9,974
9,546

10, 663
10, 664

10,275
11,241

10,511
10, 501

10, 321
9 997

10,514
10, 382

11,587
10, 585

10,284
11,079

11,204
10, 669

RUBBER AND RUBBER PRODUCTS
Production index (Fed. Res.
Bd.), auto tires and tubes... rel. to 1 923-25. .
Production index (elect, energy
consumed)
rel. to 1923-25..
Stocks end of month
rel. to 1923-25

1,6. S
117.9

2

112.0
103. 8

1

304.0
' 90. c

68 ;

71

74

79

90

112

126

123

107

*97

79. 2 i
96.2
i

93. 5
93.2

82.8
96.4

88.0
94. 3

98. 5
102.4

97.4
112.8

121.0
121. 0

122. 3
120.6

109.0
118.1

109.6

3 60 393 i
s 46, 746 1
53,818 ; 45,103

.
41,398

99 135
3 83, 894
46, 939

35,844

.063

.064

.11 S. 4

Crude Rubber
Consumption, quarterly:
Total
long tons
For tires
. . ._
long tons
Imports (including latex)
long tons.. 45, 588
Prices, wholesale, smoked sheets,
.033
New York
.dolls, per lb._
Stocks, domestic, end of quarter:
Afloat _
_
long tons.. _
Dealers
- --long tons
Manufacturers - long tons._
Total, dealers and manufacturers
_
...long tons_.
World shipments, olantation
long tons
World stocks, end of month:
A.float
long tons
Europe
„
-long tons..
Producing countries
long tons
United States
long tons 337, 127
World total
long tons _ 030, 290
Reclaimed rubber:
Consumption
long tons
Production
_.
long tons..
Stocks
long tons
Scrap rubber:
Stocks at reclaimers, end of
quarter
lonr> tons

j
28, 298

33, 552

.039

.044

.046 ;

.050

.046

|

3

63, 627
j
2

100, 650
128. 397
52, 894
32 1,900 - 325, 759
616, 722 - 607, 700

44, 052

.054

.063

.050

^ 214,821
71,511
66, 529

263.057 i
59, 332 i 71, 3.13

.004

.077
3

3 R9 fi*R
3 43 71 1 I
!

s 82, 480
68 5£3
40, 7h8

3

44, 908

49, 471
3
49,613
8
138, 140

'

3

139,613

J
65,392 |

3

66, 600

183.324
62, 090

68, 628

63,395 |

•"' 187,753
71,218

95,285
132,424
42,415
296, 305
566,429

86, 465
136, 638
41, 054
275, 750
539, 907

84, 644
137, 597
39. 253
258, 352
519,846

84, 156
140, 192
42, 779
244, 627
511, 754

90, 768
139, 261
43, 364
235, 746
509, 139

86, 867
140, 265
43, 760
225, 346
496, 238

93, 379
143, 747
41, 176
219,405
497, 707

78, 159
142, 520
42, 806
224, 211
487,696 |

8S, 959
137,452
45, 782
215, 523
487, 716

5 313 i 5 843
8,255 i 7,340
15, 406 | 14, 130

6,338
8,818
14, 273

6,967
8, 955
13, 781

7,778
9,402
13, 732

8,929
10, 596
14, 176

10, 175
13, 082
14, 804

10, 220
12, 535
14, 431

9,161
12,338 i
14, 685
|

9, 769
12, 032
14, 700

80,761
129,717
49,529
2322, 000
-582. 007

,

3fii.283!
38, 933
39,033

a 48, 770
s 43, 525
3 171,296

339,605
3 67, 760 !
3 195,297 !

j

3

3 76 04 1

!
i
i
!

3

s 60, 406

359,836 |

1

59, 103

57, 198

Tires and Tubes
Pneumatic casings:
Production
Shipments —
Domestic
Exports
Stocks, end of month _
Solid and cushion tires:
ProductionShipmentsDomestic
Exports
Stocks, end of month..
Inner tubes:
Production.ShipmentsDomestic
Exports
Stocks, end of month _ _
Raw material consumed:
Fabrics
Crude rubber...

thousands

3, 097

2, 770

2, 115 !

2, 001

2,379

2,538

- .thousands __
thousands
.thousands . _

1 , 973
70
7, 338

2, 545
58
6, 329

2,171 '
54 i
6, 220 ,

2,223
87
6, 335 |

2, 185
96
6, 640

3,034
111
6,527

11

10

13
1
43

12
1
46

thousands..
-

3,125

3,941

4, 538

4, 543

3,955

3,730

3,845
123 1
7,117|

4,244
125
7,936

4,320
137
8,358

4,197
135
8,250

3,S04 i
142
8,025

3,143
155
8,012

12

13

12

11

12

11

15
1
51

15
1
55

14
1
57

14
1
61

14
1
64

15
1
69

10

9

thousands
thousands .
thousands _.

9
1
37

9
0
37

thousands .

3, 057

2, 719

2,078 j

1,955

2,462

2,759

3, 548

3,964

4, 286

4,330

3,693

?, 560

thousands
thousands
.thousands .
j
thous. of Ibs
thous. of Ibs..

2, 135
47
7. 008

2, 761
43
6, 175

2, 172 !
41
6,338 j

2, 022
54
6,496

2,187
63
6,657

3, 247
73
6, 476

4, 158
82
7,019

4, 569
96
7,672

4, 228
89
8,403

4,135
89
8,439

3,610
89
8, 330

2,922
109
8, 380

12,518
39,472

12, 156
36, 850

7,981 ;
25,237 ;

8,361
25,922

6, 263
28. 372

9, 585
29, 864

11, 745
36, 232

15, 140
46, 897

17, 085
51,280

18, 010
53, 418

15, 244
45, 016

14,041
41,851

12, 388
20, 405

20, 720
10, 130

13,654 I 14,341 j
16, 221 ! 23, 255 i

20, 925
19, 773

23, 966
22, 728

21, 580
27,080

17, 932
14, 431

21, 161
15,419

19, 380
18, 094

16, 846
16, 803

19,380
19, 220

i

10 !
10 ;
1 !
39 1

9
!

10
1 I
42

Miscellaneous Rubber Products
Calendered rubber clothing:
Net orders
no. coats and sundries.. 14, 970
Production
no. coats and sundries.. 17, 649
' Revised*




!

KQuarter en ded in m mth indie;ated.

41

SURVEY OF CURRENT BUSINESS

May, 1932

MONTHLY BUSINESS STATISTICS—Continued
Earlier data for items shown here may
be found in the 1931 Annual Supplement to the Survey
RUBBER AND RUBBER PRODUCTSContinued
Miscellaneous Rubber Products— Con.
Mechanical rubber goods, shipments:
Belting
. . -thous. of dolls
Hose
thous of dolls
All other..
thous. of dolls..
Total
thous of dolls
Rubber bands, shipments
thous. of lbs_.
Rubber flooring, shipments.- -thous. of sq. ft_.
Rubber and canvas footwear:
TennisProduction
thous. of pairs. _
Shipments, domestic. -thous. of pairs ..
Exports
- -thous. of pairs. _
Stocks
thous of pairs
Waterproof, totalProduction
.. ---thous. of pairs ._
Shipments, domestic.. thous. of pairs..
Exports
thous. of pairs. _
Stocks .
_
thous. of pairs. .
Grand totalProduction
..thous. of pairs..
Shipments, domestic.. thous. of pairs. _
Exports
thous. of pairs
Stocks
thous. of pairs __
Rubber heels:
Production
-thous. of pairs..
Shipments—
Exports
thous. of pairs
Repair trade
thous. of pairs - .
Shoe manufacturers. -.thous. of pairs. .
Stocks, end of month
thous. of pairs..
Rubber-proofed fabrics, production:
Auto fabrics
thous. of yds_.
Raincoat fabrics
thous. of yds..
All other
_ --thous. of yds..
Total
thous of yds
Rubber soles:
Production
thous of pairs
ShipmentsExports
thous. of pairs..
Repair trade
thous. of pairs
Shoe manufacturers. --thous. of pairs..
Stocks, end of month
thous. of pairs. _
STONE, CLAY, AND GLASS
New orders
rel. to 1923-25
Production index (elect, energy
consumed)
rel. to 1923-25..
Stocks, end of month
rel. to 1923-25..
Unfilled orders, end of month rel. to 1923-25
Brick
Face brick (average per plant) :
Production
thousands
Shipments
. thousands
Stocks, end of month *
thousands..
Unfilled orders, end of month.thousands..
Sand-lime brick:
Production
thousands
Shipments by rail
thousands
Shipments by truck
thousands
Stocks, end of month _ _ .thousands
Unfilled orders, end of month-thousands. .

1932
March

Decem- Novem- October Septem- August
ber
ber
ber

July

June

April

May

March

223

208
376

206
358

474
919
989
2,381
231
587

4,187
4,216
48
8,191

3,226
3,378

2,496
2,353
21
8,510

2,077
616
118
8,387

1,443
446
29
7,044

1,231
589
44
6,076

1,012
1,263
72
5,473

1,021
1,223
29
5,704

836
1,520
125
5,957

1,999
2,657
100
6,766

2,142
3,316
121
7,523

2,591
4,049
150
8,833

2,609
3,107
236
10, 328

600
727
8

552
1,038
5

1,061
1,610
6
11 ,726

2,391
3,438
36
12,241

2,773
3,186
59
13, 323

3,131
4,318
153
13, 804

2,922
4,185
186
15, 141

2,361
2,842
151
16, 366

1,570
1,510
117
16, 978

1,922
1,229
108
17, 024

1,261
626
50
16, 357

1,102
1,070
72
15, 733

874
944
53
15, 803

3,777

422

11,156

33
8, 264

11,287

483
856
961
2,300
197
462

601
972
1,105
2,678
225
550

788
1,041
1,186
3,015
201
595

802
1,161
1,393
3,356
195
595

914
1,436
1,356
3,706
246
577

798
1,650
1,431
3,879
209
576

790
1,857
1,584
4,231
215
569

832
2,129
1,656
4,617
259
569

889
1,892
1,631
4, 412
231
496

56
19, 347

4,416
38
19, 551

3,557
3,962
27
20,237

4,468
4,054
154
20,628

4,217
3,632
88
20, 367

4,363
4,907
197
19, 880

3,934
5,448
258
20, 615

3,382
4,065
180
22, 070

2,407
3,030
242
22, 935

3,921
3,886
208
23, 789

3, 402
3,942
171
23, 881

3,693
5,119
222
24, 566

3,483
5,050
288
26, 130

16, 368

14,487

12,317

14, 138

11,455

14, 567

15, 827

16, 293

15, 361

17, 093

15, 474

15, 408

14, 661

305

259

290
3,431
8,705
24, 515

474
4,622
8,198
24, 405

591
4,537
6,610
25, 213

617
5,924
7,484
24, 652

501
6,994
9,724
23, 952

514
5,355
11,653
25,832

540
4,058
11, 177
27, 006

630
4,946
10, 522
27, 898

612
3,975
9,693
28, 491

578
4,038
10, 112
27, 764

577
4,868
10, 991
26, 708

380
931
763
2,074

394
1,267
868
2,529

445
2,476
1,191
4,112

528
2,988
1,176
4,692

596
2,226
965
3,787

531
1,843
963
3,337

701
1,355
1,156
3,212

982
1,066
1,002
3,050

710
1,040
1,271
3,021

738
863
1,168
2,769

4,787
4,943

3,785
9,424
27, 933

4,575
8,748
25 ,807

2,448

339
853
992
2,184

3,953

3,461

3,411

3,639

2,840

2,610

2,880

2,933

2,864

3,177

2,885

2,692

2,292

2
252

3
285

2,925
2,428

8
265
2,953
2,085

25
267
3,196
2,018

29
308
2,579
2,180

45
370
2,273
2,153

90
290
2,604
2,264

67
234
2,790
2,395

67
196
2,569
2,475

59
225
2,899
2,461

62
330
2,651
2,655

69
255
2,474
2,764

14
408
2,145
2,876

50.0

46.7

49.0

60.0

52.3

48.7

55.3

118.7
164.2
27.0

132.0
174.9
27.0

116.5
175.5
24.0

105, 1
179.4
25.8

754"
1,397

3,320

2,691

233
883
1,332

35.7

234.7

36.3

42.0

44.0

81.2
185.0

90.0
2 179. 7
27.2

77.1
175.4
29.2

76.8
164.2
23.3

113.8
153.6
25.2

113.4
148.2
26.8

113. 9
150.9
26.8

105.9
143.9
26.2

104.8
154.5
27.0

203
155
3,601
506

3,557

166
156

197
149
3,561
452

292
222
3,514
383

325
318
3,521
457

422
479
3,516
534

434
454
3,577
587

425
477
3,602
639

540
521
3,660
669

540
574
3,652
733

549
569
3,684
781

533
579
3,698
784

395
522
3,734
685

1,603
125

1,538
165
1,580

2,188
449
2,561
9,067
8,700

3,118
397
3,630
8,677
8,745

4,239
648
4,604
10, 529
10, 485

6,521
977
4,657
12, 347
11,437

6,943
872
4,922
10, 866
11,532

5,989
805
5,506
10, 698
10, 838

5,518
529
5, 424
10, 199
10, 710

6,664
494
5,758
8,975
9,960

5,084
1,595
4,375
10, 724
6,513

3,999
1,698
3,330
11,119
5,232

4,869
1,466
3,743
12, 566
7,070

2,354
5,544

1,764

2,929
1,743
5,697

1,659
1,396
5,855

1,814
1,537
5, 872

1,779
1,941
5,709

1,820
2,310
5,536

1,859
2,213
5,930

2,102
2,180
5,887

2,465
2,491
6,086

2,119
2,545
6,003

1,952
2,291
6,078

2,250
2, 479
5,974

1,548
50.2
6,811

1,606
52.1
6,454

1,508
47.2
6,387

1,692
55.1
6,745

2,128
64.2
6,713

1,948
62.0
6,860

2,239
68.6
7,591

2,268
69.5
8,268

2,565
75.9
8,625

2,481
73 4
9,127

2,404
71.4
9,785

2,166
64.4
10, 340

2,089

8,421
8,914

Glass Containers
Net orders
thous. of gross .
Shipments
thous. of gross
Stocks, end of month _
thous. of gross
Production:
Total.
.
thous. of gross
Per cent of capacity
Unfilled orders, end of month.. thous. of gross Illuminating Glassware
New orders
p. ct. of capacity..
Production:
Total
no. of turns
Per cent of capacity
Shipments
p. ct of capacity
Stocks, end of month. ..no. of weeks' supply. .
Unfilled orders, end of
month.
. . . . no. of weeks' supply
Plate Glass
Plate glass, polished, production
thous of SQ ft

1931

Febru- January
ary

450

8,255
8,306

19.7

21.8

20.8

23.3

26.6

26.3

24.8

24.3

29.3

27.3

28.6

32.4

1,301
17.4
19.1
3.6

1,463
19.5
20.2
3.8

1,774
23.7
20.7
3.8

1,877
250
24.0
3.6

2,276
30.4
30.1
3.7

1,679
22.4
26.0
.9

1,607
21.4
21.6
.9

1,492
19.9
24.0
3.9

2,161
28.8
28.2
4.1

2,037
27.2
26.8
4.1

2,086
27.8
28.8
4.1

2.108
28.1
28.7
4.1

.8

.8

.7

.7

.8

_ 2

.2

.8

.9

.8

.8

.8

6,427

5,500

6,093

3,694

4,812

4,799

6,311

7,216

7,554

9,466

10, 174

10, 593

2,000
2,951
16, 715

2,025
2,094
17, 992

2,918
2,544
19, 597

3,142
3,683
21, 957

4,740
4,533
23, 450

4,571
5,761
25, 236

5,796
5,577
24, 641

6,213
5,237
27, 850

4,824
4,665
28, 394

6,898
4,093
28, 248

6,163
4,178
30, 259

3,796
88.32

4,832
93. 52

6,072
94.15

5,887
96.12

7,104
96.32

7,697 i 10, 476
98.91
97.77

10, 804
98.96

11,387
99.16

32, 541
98.84

31, 497
97.86

96,004 135, 931 182, 938
76, 119
112, 229 102, 150 125, 891 155, 404
524, 131 522, 721 501, 972 506, 901
156, 753 192, 863 199, 009 188, 969
and year- 3nd physi sal invent ories.

116, 794
127, 954
529, 531
161,435

122,977 121, 324 136, 285 119, 922 93, 108
139,005 135, 292 134, 549 128, 574 117, 105
533,305 i 554, 939 574, 304 593, 268 597, 476
172,595 i 188, 623 202, 591 200, 855 209, 507
11
levised.

64, 260
133, 802
583, 099
233, 504

!

4,414

Plumbing Fixtures

Porcelain:
Net new orders
number of pieces
2,072
1,424
Shipments
number of pieces..
1,748
1,631
Stocks, end of month. ..number of pieces-- 16,117
16, 328
Unfilled orders, end of
month
number of pieces
3,548
3,571
Wholesale price, 6 pieces.
dollars
84. 37
88.42
Vitreous china plumbing fixtures:
New orders.
pieces.. 89, 807 70, 918
Shipments
pieces. _ 86, 380 91,078
Stocks, end of month
pieces-- 569, 966 536, 245
Unfilled orders, end of month
pieces. . 140, 020 136, 593
* Adjusted to aceount for d egrading




42

SURVEY OF CURRENT BUSINESS

May, 1932

MONTHLY BUSINESS STATISTICS—Continued
Earlier data for items shown here may
be found in the 1931 Annual Supplement to the Survey
'

1932
March

!

1931

Decem- j Novem- October Septem- August ! July
F
arT1" i January
ber
i ber
ber

June

May

March

April

I

STONE, CLAY, AND GLASS— Continued
i

Portland Cement
21.3
Per cent of capacity
Prices, wholesale, composite dolls, per bbl__ 1.318
4, 847
Production _
thous. of bbls.
Shipments
--- -thous. of bbls _ 3, 973
27, 530
Stocks end of month
thous. of bbls
Stocks! clinker, end of month.. thous. of bbls.. 10,013

18.7
1. 323
3,971 1
3, 118 i
2
26, 657 >
2 9, 375 :

22.0 '
26.4 !
47.4
37. 2
1. 321 !
1.310 ! 1. 310
1.318
5,026
5,974
8,161
10, 762
3, 393
4,142
7,156 i 12, 360
25, 778
24,098
22, 219 !1 21, 218
8, 184
7,035
6,215
6, 021

55.3
1.331
12, 092
13, 671
22, 736
6, 918

60.2
1.331
13, 549
15, 172
24, 313
8,468 '

62.0
1.331
13,899
15, 545
25, 934
10, 209

65.4
1.364
14, 118
16, 077
27, 602
11,837

3,955
361

5,117
480

7,547
719

62.8 !
52. 1 i
1.399 i
1. 422
14, 010
11, 245
14, 200
11, 184
29, 554 ! 29, 715
13, 087
13, 854

36.9
1,477
8,245
7,192
29, 676
13,318

Terra Cotta
Terra cotta, new orders:
Quantity
Value
Tile
Floor and wall tile:
Production.....
ShipmentsQuantity
Stocks, end of month

-

net tons..
thous. of dolls—

2, 648
237

1,085
104

2,252
223

1,269
115

1,997
194

4,290
386

thous. of sq. ft—

2,127

2,285

2,838

3,026

3,641

2 3, 697

thous. of sq. ft..
thous. of sq. ft—

2,314
15, 577

2,026
15,763

2,779
15, 504

2,786
15, 446

92.1
59.8

91.8
59.9

84.8
60.8

97.5
62.2

TEXTILES
New orders
-rel. to 1923-25. _
Prices wholesale
- rel. to 1926..
Production index (Fed. Ees.
Bd )
rel. to 1923-25..
Production index (elect, energy
consumed)
rel. to 1923-25..
Stocks, manufactured goods,
end of month
- — rel. to 1923-25..
Stocks, raw materials, end of
month
- rel. to 1923-25..
Unfilled ord'ers, end of month .rel. to 1923-25..
Imports:
Burlaps
Fibers

2, 097
176

58.7
83

286

85.3

96.8

89

!

0,0

01. 0

2

4,180
412

2,598
291

3,138
315

4, 133

4,346

4,120

4,090

3,861

3, 535

3, 679 * 3, 607 2 3, 535
15, 206 * 15, 244 2 15, 154

4,308
14, 556

4,316
14, 518

3,998
14, 715

3,744
14, 623

2, 923
14, 506

89.5
65.5

86.7
66.5

90.9
66.6

96.6
67.4

96.8
68.2

101.0
70.0

102.4
63.0

99.0
64.5

88

89

93

100

99

100

96

89.8

93.4

98.2

98.7

95.0

98.2

100.5

97

90

97

103. 7

100.0

97.3

88.4

93.0

95. 0

97.3

90.5

86.8

86.5

90.3

88.9

90.8

90.7

93.4

94.1

272.0

268.3
40.5

278. 6
37.0

288.9
31.0

289.6
33.1

250.2
34.1

169.8
35.2

133.2
39.0

133. 5
40.5

148.9
39.0

161.2
42.0

176.8
46.4

196.3
46.5

thous. of Ibs— 33, 041
long tons. . 17, 131

30, 567
20, 287

33,391
22, 800

21, 123
19, Oil

32, 428
13, 774

35, 432
17,320

37,504
17, 118

45. 618
18, 277

35, 604
21, 993

42, 942
18,622

37, 732
14, 102

30, 481
21, 719

34, 945
19, 574

4,458
4,723
4,522
9,486

4,254
4,153
4,363
10, 003

4,417
3,981
4,558
9,990

4,155
4,394
4,118
9,114

4,902
4,789
4,020
9,107

5,058
5,115
4,743
9,408

4,716
4,941
4,521
9,730

4,279
4,540
4,187
9,869

4,279
3,777
4,069
10,177

4,654
4,561
4,572
9,990

5,029
4,772
4,719
9,864

4,808
4,925
4,627
9,914

4,920
4,982
4,486
10, 120

2,043

2,389

2, 645

2,263

2,641

2,637

2,815

3,139

3,511

3,201

3,225

3,042

3,260

1,054
1,043
1,186

932
942
1,076

865
1,039 I
865

885
915
954

1,076
1,178
985

1,315
1,314
1,064

1,408
991
1,045

1,195
967
1,017

1,008
1,078
1,015

1,050
1,169
1,088

966
1,107
1,053

995
1,055
1,131

1,079
1,289
1,120

1,269

1,282

1,273

1,264

1,181

1,203

1,631

1,809

1,805

1,698

1,574

1,523

295
1,601
1,763

159 !
1,507
1,693

174
1,207
1,207

293
1,189
954

542
2,024
1,286

661
2,477
1,647

593
2,544
1,979

493
2,246
1,897

318
2,408
1,714

138
2,396
1,808

196
2,115
2,005

313
1,985
2,502

435,337
84.8

415,517
81.0

428,870
83.6

462,025
90.0

463, 704
90.4

425, 819 450, 884 453, 901 465, 363 508, 691
83.0
87.9 • 88.4
90.7
99.1

490, 509
95.6

919
36,000
2 16, 002
9,244
12, 718

1,181
47,304
15, 358
12, 705

1,071
43, 619
15, 024
5,986

1,014
39, 838
12,130
2,636

558
23,457
25,410
5,426

211
9,898
2566
7,236

259
13, 525
7
9,305

255
13,517
14, 134

15, 189

17,258

605
35, 961
13, 756
10, 266

24,638
184
5,951
79.3

24,861
186
6,014
85.8

25,188
203
6,595
85.1

25, 237
201
6,540
88.1

25,623
190
6,193
81.8

25, 826
200
6,528
86.0

25,898
202
6,630
86.8

26, 379
204
6,733
89.6

26,669
216
7,125
94.1

26,504
211
7,000
91.0

.061
.065

.053
.064

.059
.065

.063
.072

.085
.093

.077
.090

.088
.093

.093
.102

.096
.109

J

2

Burlaps and Fibers
—

Clothing
Hosiery:
New orders.
.thous. of doz. pairs..
Net shipments
thous. of doz. pairs..
Production
-- -thous. of doz. pairs—
Stocks, end of month. thous. of doz. pairs..
Unfilled orders, end of
month
thous. of doz. pairs—
Knit underwear:
Net shipments... thous. of doz. garments..
New orders
thous. of doz. garments Production
thous. of doz. garments-Unfilled orders,
end of month thous. of doz. garments-Men's and boys' garments cut:
Overcoats
thous. of garments. .
Separate trousers
thous of garments
Suits
thous. of garments—
Cotton
Consumption by textile mills
- bales _
Consumption by textile mills— rel. to 1923-25—
Exports, unmanufactured:
Exclusive oj linters
thous. of bales .
Total.
thous. of dolls—
Qinnings
thous. of bales—
Imports unmanufactured
bales
Machinery, activity of spindles:
Activity spindles
- thousands .
Activity per spindle.
hours—
Total activity
mill, of hours __
Per cent of capacity
per cent..
Prices:
To producer .
dolls, per lb—
In New York, middling
dolls, per lb_.
Production, crop estimate
thous. of bales-Receipts into sight
thous. of bales
Stocks, domestic, end of month:
Mills
_ -thous. of bales. .
Warehouses
thous. of bales
Total, mills and warehouses
-- ..thous. of bales ..
Total, mills and warehouses
rel. to 1923-25
Stocks, world visible, end of month:
American
thous. of bales—
Total
thous. of bales

488, 655
95.2

450, 018
87.7

927
36, 512
16, 596
10, 128

970
37, 272

24, 818
217
6,955
90.1

25, 190
204
6,567
92.5

.062
.068

.058
.068

25,014
192
6, 214 I
84.5

.056
.066

2

336
18,928

392
22, 948

870

918

1,546

.055
.063
16, 918
1,819

3,035

4,082

1,623

333

277

2107

363

»453

1, 566
8, 767

1, 633
9, 511

1,637
10, 032

1,631
10, 426

1,441
10, 696

1,116
9,450

776
6,297

840
4,426

996
4,524

1, 131
4,971

1,258
5,490

1,371
6,033

1,478
6,658

10,333

11,144

11,669

12, 056

12,137

10, 566

7,072

5,266

5, 520

6,102

6,748

7,404

8,136

274. 8

296. 4

320.6

322.8

281.0

188.1

140.1

146.8

162.3

179.5

196.9

216.4

7, 687
9,623

8, 268
10,166

8, 572
10,398

8,403
10, 193

8,346
10, 191

7,299
9,184

5, 275
7,113

4,498
6,435

4,775
6,899

5, 236
7,572

5,861
8, 346

6,302
8,883

6,82(5
9,332

70, 341
66,464 !

55, 791
76,981

59, 501
81, 606

63,014
78, 027

65,983
71,615
<As of D ec. 1.

56, 153
74, 662

57,412
77, 335

67, 704
74,436

86,612
72,973

87, 318
65, 145

310.3 i

4

347

Cotton Finishing
Printed only (mills and outside) :
Production
thous. of yds—
Stocks, end of month
—thous. of yds—




93, 145
89, 286
86,429 i 73,337

* Revised.

70, 138
76, 245

SURVEY OF CURRENT BUSINESS

May, 1932

43

MONTHLY BUSINESS STATISTICS—Continued
1933

Earlier data for items shown here may
be found in the 1931 Annual Supplement to the Survey

1931

Febru- January Decem- [ Novem- October Septem- August
ary
ber
ber
ber

March

July

June

May

March

April

|

I

TEXTILES— Continued

i

!

Cotton finishing— Continued
White, dyed, and printed (outside mills):
Billings, finished goode
thous. of yds—
New orders, gray yardage thous. of yds..
Per cent of capacity...
_.per cent..
Shipments, finished goods
._ .cases. .
S locks, finished goods, end of
month
cases 1
Unfilled orders, end of month
days..
Abrasive cloth. (See paper products.)

!

61,919
53, 615
58
32, 173

55, 412
44, 407
59, 119
51, 529
59 !
47
31,410
27, 495

48, 029
40, 028
41
27, 290

18, 876

17, 855
2.7

18, 837
2.2

3,925
35, 610

3,959
30, 840
245,582
244, 342
258, 744
239, 654

40, 516
38, 304
43
22, 828

48, 237
44, 515
48
26, 811

49, 252
45, 782
49
27, 207

44, 982
44, 372
48
24, 483

45, 831
45, 233
47
24, 916

51,577
41, 119
45
27, 221

52, 537
45, 937
51
30, 109

60, 590
50, 394
52
31, 176

61, 803
57, 872
58
35, 334

20, 175
1.6

18, 887
1.6

18, 321
1.5

17, 467
1.6

18, 095
1.7

16, 404
1.5

16,433
1.5

17, 141
1.9

16, 677
2.7

17,641
2.7

2,513
28, 007

4, 026
30, 759

2,551
27, 210

1,958
29, 897

2, 185
25, 599

1,692
30, 309

4, 326
35, 272

3,937
34, 370

3,920
30, 961

2,810
30,776

2, 530
33, 392

338, 010
232, 707
268, 899
254, 056

204,916
254, 692
237, 834
290, 248

224, 207
231,446
213. 889
273, 390

333, 679
227, 116
216,207
255, 833

287, 708
272, 118
278, 049
244, 924

167, 555
209, 050
227, 644
250, 855

158, 353
192, 545
211. 331
269, 449

355, 902
260, 163
273, 871
288, 235

160,029
225, 392
205, 603
301, 943

137, 749
225, 955
217, 582
282, 154

295, 334
271, 638
317, 185
273, 781

278, 163 377, 9H8 391,150

294, 118
1,199

373, 951
1, 363

Cotton Goods
Cotton cloth:
Imports.....
thous. of sq. yds—
Exports..
-.thous. of sq. yds..
Cotton textiles:*
New orders
thous of vds
Production
thous of vds
Shipments..thous. of yds..
Stocks, end of month
-thous .of yds..
Unfilled orders, end of
month
thous. of yds..
Elastic webbing shipments thous of dolls
Fabric for tire manufacture,
consumption
— —thous. of Ibs .'
Prices:
Print cloth 64 x 60
dolls, per yd..
Sheeting, brown
dolls, per yd—
Cotton goods (Fairchild)-rel. to 1911-13..

165. 850
285, 252
265, 675
259, 231

.038
.044
86

2

827

807

322, 039
654

354, 957
715

344, 639
969

227, 167
1, 031

217, 508
969

277, 597
1,015

330, 575
1,018

248, 544
1,124

12, 518

12, 156

7,981

8,361

9,263

9,585

11,745

15, 140

17, 085

18, 010

.039
.043
86

.036
.042
85

.034
.044
85

.036
.047
87

.038
.046
91

.041
.050
95

,043
.052
100

.049
.056
111

.048
.054
112

.050
.058
115

.053
.059
119

.055
.059
121

9, 411
12,009

11,518
11,350

9,349
10, 861

11,574
9,832

14, 703
9,461

10, 858
9,382

10, 295
10, 023

11,800
10, 181

10, 067
11,195

13, 377
11,212

11,081
12, 240

11,536
12, 537

32, 030

31, 791

31,506

32, 519

32, 943

29, 819

31,351

32, 951

34, 017

34, 914

38, 825

40, 979

.180
.285

.175
.290

.181
.295

.192
.312

.189
.315

.201
.326

.212
.336

.225
.352

.215
.352

.223
.353

.231
.369

.240
.382

6,432
6,463
7,944

5,626
8,228
5,621

4,810
9,012
5, 577

13, 662
10, 389
13, 383

11,368
6,960
10, 169

9,215
6,400
8,575

7,901
6,757
8,239

1,725
1,792
1,627

1,619
1,605
1,492

1,471
1,826
1,496

2,257
1,817
2,306

1,932
1,845
1,912

2,002
1, 901
2,112

2,459
1,945
2, 375

15, 244 '

14, 041

Cotton Yarn
Carded sales yarn:
Production
-thous. of Ibs. . 8,646
Stocks, end of month
thous. of Ibs.. 12,436
Unfilled orders, end of month
_.thous. of Ibs — 31,394
Prices:
22/1 cones, Boston
dolls, perlb.181
40/1 s southern spinning
dolls, per lb—
.284
Floor Covering
Felt base:
New orders
thous. of sq. yds..
Production
thous. of sq. yds—
Shipments
thous. of sq. yds—
Linoleum:
New orders
thous. of sq. yds..
Production
thous. of sq. yds..
Shipments
.thous. of sq. yds

-

-

Fur

Sales by dealers

thous. of dolls

1,644

2,651

3,760

6,609

5,465

6,033

4,474

5,324

5,615

6,693

Pyroxylin- Coated Textiles
Pyroxylin spread
Shipments. .
Unfilled orders end of
month
.

thous. of Ibs
thous. of linear yds. .

2,549
2,271

2,408
2,239

2,121
1,956

2, 083
1,902

1, 759
1,709

2,333
2,184

2,822
2,419

2,667
2,411

2,621
2,375

4,001
2,814

4,060
3,186

4,273
3,301

4,081
3,394

thous. of linear yds.

2,660

2,327

2,175

1,789

1,986

2,180

2,401

2,751

2,615

2, 656

2,810

2,962

3,358

Rayon
Imports
thous. of lbs_
Price, 150 denier, "A" grade,
New York
.. . _
..dolls, per lb..

76

32

21

91

71

107

239

299

276

202

225

295

439

.75

.75

.75

.75

. 75

.75

.75

.75

.75

.75

.75

.75

.75

Deliveries (consumption)
— bales. . 46, 761
Imports, raw
_
._ _. thous. of Ibs
5,673
Prices:
Raw, Japanese 13-15, New
York
dolls, per lb
1.617
Silk goods, composite
dolls, per yd..
Silk machinery activity:
Broad looms
p. ct. of normal
60.2
Narrow looms
— p. ct. of normal ._
47.2
Spinning spindles
p. ct. of normal. . 41.5
Stocks, end of month:
At warehouses
. .. —
.bales
62, 675
A t manufacturing plants
bales. . 27, 157

45,909
6,503

58, 793
7,020

48, 432
8,861

50, 645
9,639

56, 668
9,524

53, 819
7,331

46, 454
7,167

44, 746
6,724

42, 161
6,409

45, 073
6,520

41, 356
4,823

55, 383
7,725

1.891
.94

1.953
.96

1.970
.96

2. 315
.98

2.266
.98

2.315
.98

2.512
.98

2.364
.98

2.463
.99

2.266
.99

2.266
.99

2. 561
.99

73.5
44.6
46.1

88.9
41.0
50.0

83.9
42.4
56.4

93.0
38.0
56.4

90.5
48.3
53.4

79.4
38.2
48.7

76.4
35.3
44.6

75.6
43.9
42.8

76.3
42.5
49.5

90.9
44.6
51.8

93.8
44.2
58.6

70, 570
20, 510

62, 905
25, 180

36,099
20, 044

41,878
21, 122

29, 921
16,990

37, 352
18, 706

32, 688
18, 206

35, 497
20, 425

47, 407
22, 231

53, 886
113.7 !

45, 805
96. 7

52, 199
110.2

47, 710
100.7

40, 373
85.2

12, 987

16, 868

14, 108

21,258

15, 348

115

107

97

82

76

Silk

Wool

89.4 !
41.8 !
51.7 j

69,460 ! 67, 275
24,651 i 23, 435

49,921
23, 176 |

!

Consumption at textile mills,
grease equivalent
thous. of Ibs-.j
31,025 ; 35,424
34, 426
34, 253
42, 990
51, 140
47,548
Consumption at textile mills rel to 1923-25
72.7
72.3
66.7 j
74.8
90.7
107.9
100.4
Imports:
As imported
thous. of Ibs.J 6,422
12, 556
10, 536
9, 890
13,463 i 11,677
6, 977
9, 679
Machinery activity, hourly:
Combs
p. ct. of hours active !
52
69
65
76
74
109
86
115
Looms —
Carpet and rugs.p. ct. of hours active-31
30
28
26 :
30
38 !
40
38
Narrow.
p. ct. of hours active. !
22
26
25
26 '•
31
39 !
44
45
Wide
p ct of hours active i
48
51
61
44
45
49 '•
63
70
Set of cards
p. ct. of hours active. .
45
54
50
40 |
53 ;
65
48
61
Spinning spindles—
:
Woolen . - p. ct. of hours active
45
52
58
39 !
53
63
46
66
Worsted
p. ct. of hours active. .
37
51
53
49 ;
49 i
51
70 i
78
1
Months of March, June, September, and December contain 5 weeks other months 4 weeks.



38 1
43 !
64
64

40
46
61 |
60

46
45
58 i
60

44
42
54
57

44
34
59
66

64 i
S3 !

61
73 I

60

55
57

57
57

2

Revised.

44

SURVEY OF CURRENT BUSINESS

May, 1932

MONTHLY BUSINESS STATISTICS—Continued
Earlier data for items shown here may
be found in the 1931 Annual Supplement to the Survey
TEXTILES— Continued
PricesWool— Continued
Raw, territory, fine, scoured.dolls.
per lb._
Raw, Ohio and Penn. fleeces, 1A blood,
combing, grease
dolls, per lb._
Suiting 13-oz
- dolls, per lb_.
Women's dress goods, French
serge, 54-in. at factory
dolls, per yd._
Worsted yarns
dolls, per l b _ _
Receipts at Boston:
Domestic - _.
thous. of lbs._
Foreign
thous. of lbs_.
Total
thous. of lbs._
TOBACCO
Unmanufactured:
Production, crop estimate, -.mills, of lbs__
Exports leaf
thous. of lbs-_
StocksChewing, smoking, snuff, and export
types, quarterly
mills, of lbs__
Cigar types, quarterly . thous. of lbs_Total, including imported
types, quarterly
mills, of lbs_.
Manufactured products:
Consumption (tax-paid withdrawals)—
Large cigars
thousands _ _
Small cigarettes .
millions-Manufactured tobacco
and snuff
thous. of lbs._
Production index (Fed.
Res. Bd.)
zel. to 1923-25..
Exports cigarettes
- - thousands. _
MISCELLANEOUS PRODUCTION
Buttons
Fresh-water pearl buttons:
Production, ratio to capacity
per cent..
Stocks, end of month ...thous. of gross_.
Imports:
ButtonsProduct of Philippines. thous. of gross. .
All other
thous. of gross __
Shells—
Mother-of-pearl
thous. of lbs_.
All other
thous. of Ibs _
Tagua nuts
-- -thous. of lbs_.

1932

1931

Decem- Novem- October Septem- August
ber
ber
ber

Febru- January
ary

March

July

June

May

April

March

0.52

0.57

0.58

0.58

0.58

0.58

0.62

0.63

0.62

0.62

0.63

0.65

0.66

.19
1.400

.21
1.400

.21
1 400

.21
1.400

.21
1.400

.21
1.400

.22
1.400

.23
1 490

.21
1 494

.20
1 494

.20
1 494

.22
1 494

.22
1.543

.900
.88

.900
.90

.900
.93

.925
.93

.925
.95

.925
.95

.925
.95

.925
1 00

.925
1 00

.925
1 00

.925
1 00

.968
1 00

1.050
1.00

3,758
2,036
5,794

5,131
2, 996
8,127

4,928
6,307
11, 235

5,350
2,227
7,577

6, 163
863
7,026

6,567
3,061
9,628

16, 595
2, 112
18, 707

34, 445
2 405
36, 850

76,046
3 335
79, 381

53, 779
2 964
56, 743

26, 151
4 190
30, 341

10, 376
7 399
17, 775

8.215
5.064
13, 279

29, 437

31, 218

25 047

* 1,610
56 585

58 386

49 170

44 826

23 113

20 574

38 737

48 911

45 006

39,908

3

3 1, 612
321, 305

3 1,419
3 342, 025

3 1, 453
3370 142

3 2, 013

3 1, 841

3 1, 915

3

3 1, 698
354, 184

3fc2, 151

355, 382
8,447

347, 729
7,680

342, 924
8,963

304 531
7,295

477, 458
7,850

534, 371
8,956

449, 330
9,695

463 256
9,520

478 901
10 700

517 514
11 508

467 300
10 448

459 982
9,471

440, 472
9,802

31, 444

29, 417

30 883

25, 813

27, 935

34, 139

33, 278

31 558

30 661

31 086

30 780

30 781

31,049

109
211,210

114
232, 348

121
190 823

113
240 727

113
228, 793

111
191, 385

118
257, 854

118
254 049

121
243 233

132
244 201

135
250 858

132
241 703

131
324, 808

40.7
8,664

44.0
8,812

32.4
8, 518

43.0
8,794

42.3
8,629

46.9
8,640

42.9
8,583

45.0
8,689

31.3
8,803

45.0
9 252

44.7
9 224

45.2
9,408

47.5
9,518

68
38

73
24

73
14

52
0

76
10

50
11

62
5

95
6

68
10

118
446

61
11

55

94
2

506
59
911

606
53
843

600
1 133
2,117

416
69
2,044

563
498
1,500

445
479
2,025

451
83
2,014

399
467
1 527

256
134
2 025

202
527
1 999

272
43
901

395
48
1,720

289
95
592

136

87

96

113

125

157

121

101

110

146

148

120

79

14.45

14 95

14 97

14 97

14 96

14.97

14.93

14 73

14 59

14 31

14 19

14 39

14.85

12. 202
5, 700

12, 608
4,745

45

21

2

FUELS
Coal
Anthracite:
Exports
thous. of long tons- _
PricesRetail, composite, chestnut
dolls, per short ton..
Wholesale, composite, chestnut
..dolls, per long ton-Production
thous. of short tons
Stocks, end of month, in yards
of dealers
no. of days' supply
Bituminous:
Consumption —
By coke plantsCanada
thous. of short tons_United States
thous. of short tons
By electric power
plants
thous. of short tons _
By railroads
thous. of short tons_, By vessels clearing
ports
thous. of long tons _
Exports
. thous. of long tons PricesMine average (spot)
dolls, per short ton Prepared sizes (composite) dolls, per net ton ,
Retail, composite-dolls, per short tcn__
Wholesale, composite
..-dolls, per short ton^.
Production —
Canada
thous. of short tons United States
thous. of short tons_.
Production indev
rel to 1 923-25
Stocks, end of month, held
by consumers thous. of short tons..
Coke
Exports
thous. of long tons Price, furnace, Connellsville
dolls, per short ton..
Production:
Canada
tbous of short tons
United StatesBeehive . . . .thous. of short tons. .
By-products
thous. of short tons.

Asphalt:
Petroleum
Imports
thous of short tons
Product' on
thous of short tons
Stocks, end of month.. thous. of short tons..
2
Revised.




12, 396
4,786

13. 170
4 019

13. 170
3,897

13. 166
4, 671

13. 083
4, 141

54

3,158

13. 083
4, 358

60

75

12. 796
4 314

12.614
3 954

12.413
4 544

75

60

193

213

229

230

247

4,682

4,902

12. 270
5 005

192

203

197

198

191

179

186

3 018

3, 172

3,354

3,442

3,616

3, 459

3 634

3 795

4 027

4 629

2,618

22,875
5, 234

3, 116
5,314

3,222
5,290

3, 454
5,776

3,280
5,268

3, 233
5, 419

3, 168
5,463

2 954
5,314

2,953
5,821

2,963
5,88,5

3,410
6, 414

122
386

93
389

99
521

134
1, 150

183
1,078

163
1, 163

165
1,217

186
1,087

209
994

195
926

168
671

136
665

1 62

1 58

1 58

1 56

1 60

1 64

1.69

403

13. 083
6,551

2

3,798
8.01

3.929
8. J4

3. 953
8. 17

3. 950
8. 19

3.962

3.954
8.22

3. 954
8. 17

3.907
8.11

3.856
8.09

3 816
8.00

3.838
8.04

3.845
8.46

4.001
8.71

3,692

3.701

3. 699

3.701

3.705

3.703

3.705

3.704

3.706

3.692

3.723

3.760

3.791

32, 320
70

1,188
28, 013
63

1, 153
27, 892
58

1, 194
30, 260
64

30,110
67

1,204
35, 700
71

1,005
31,919
70

760
30, 534
70

826
29, 790
74

888
29, 185
74

902
28,314
75

888
28, 478
77

1,028
33, 870
76

36, 100

34, 500

30, 900

30, 100

26, 900

29,500

35, 500
42

29

22

28

41

50

52

87

50

45

86

43

54

2.25

2.25

22.30

2.34

2.38

2.45

2.45

2.45

2.45

2.45

2.48

2.50

2.50

144

151

147

144

140

126

132

139

155

169

169

179

87
2, 089

86
1,996

88
2,101

82
2,234

98
2,276

105
2, 3H9

2,310

70
2,443

76
2, 589

87
2, 715

94
3,126

109
3,146

149
3,256

2

1
130
313

12
326
340

14
312
332

g
304
380

7
248
360

7
190
354

1

1
0
0
0
131
132
210
314
308
302
299
299
Quarter ending in month indicated*

4
10
314
315
349
393
« As of Dec. 1.

45

SUEVEY OF CURRENT BUSINESS

May, 1932

MONTHLY BUSINESS STATISTICS—Continued
Earlier data, for items shown here may
be found in the 1931 Annual Supplement to the Survey

1933

1931

Febru- January Decem- Novem- October Septem- August
ary
ber
ber
ber

March

July

June

May

April

March

FUELS-Continued
Petroleum— Continued

Coke:
Production.
. thous. of short tons
Stocks, end of month. thous. of short tons
Crude petroleum:
Consumption (run to stills) thous. of bbls
Imports
thous. of bbls__
Oil wells completed
number
Price, Kansas-0klahoma--_dolls. per bbl_.
Production
thous. of bbls..
Production index
rel. to 1923-25
Refinery operations __p. ct. of capacity
Stocks, end of monthCalifornia —
Heavy
thous. of bbls..
Light
thous. of bbls..
East of CaliforniaRefineries
thous. of bbls..
Tank farms and pipe
lines
- thous. of bbls
Total
thous of bbls
Mexico —
Production
thous. of bbls
Exports
thous. of bbls..
Venezuela—
Exports
..
. thous. of bbls..
Production
thous of bbls
Gas and fuel oils:
Consumption —
B v electric powder plants thous. of bbls By railroads
thous. of bbls__
By vessels
thous. of bbls
Price, Oklahoma 24-26,
refineries
dolls, per bbl__
Production
thous. of bbls
Stocks at refineries at end of
month
thous. of bbls..
Gasoline:
Consumption
._
thous. of bbls. .
Exports
thous. of bbls._
Exports
__ thous. of dolls. .
Prices, wholesale, New York. dolls per gal..
Prices, retail, filling station,
50 cities
.
dolls, per gal..
ProductionNatural gas (at plants) thous. of bbls
Raw (at refineries)
thous. of bbls...
Retail distribution—41 Statesjmills.of gals._
Stock, end of monthNatural gas (at plant) .thous. of bbls..
Raw (at refineries)
thous. of bbls..
Kerosene:
Consumption
thous. of bbls
Exports
thous. of bbls
Price, 150° water white
dolls, per gal._
Production
thous. of bbls
Stocks at refineries, end of
month
...thous. of bbls._
Lubricating oil:
Consumption
thous. of bbls..
Price cylinder oil
dolls per gal
Production
.thous. of bbls..
Stocks at refineries, end of
month
thous. of bbls
Wax:
Production _
thous. of Ibs
Stocks, end of month
thous. of Ibs

0.710

109"

1,440

141

145
1, 460

168
1 512

168
1,439

159
1,393

180
1,516

178
1,451

173
1,391

180
1 315

178
1,250

168
1,158

170
1,089

63, 814
4,708
575
.710
62,2 484
109
60

68, 715
2,047
643
.710
66, 884
113
60

7? 721
4,315
744
.710
73, 174
121
64

71 639
3,604
874
.710
72, 851
122
64

76, 083
4,106
705
.560
73, 079
116
65

75 094
3,426
445
.560
63, 636
102
66

80 672
2,702
441
.434
68, 418
107
69

79 758
3,588
599
.238
77, 961
122
68

76 187
3,978
643
.300
75,116
122
67

78, 521
4, 512
498
.530
77, 164
122
67

74, 761
4,162
519
.530
73, 101
121
67

73, 651
3,715
383
.594
69, 397
112
64

92, 809
42, 311

93, 033
42, 421

93, 274
42, 114

93, 673
41, 777

93, 493
41, 519

93, 961
41,888

94, 633
42, 300

94, 587
43, 625

95, 362
43, 930

96, 341
44, 540

96, 972
44, 003

96, 635
43, 907

38, 085

36, 594

36, 546

36, 566

36, 705

38, 358

39, 021

41, 007

41, 734

41,819

41,413

40, 786

282, 492
320 577

283, 607
320 201

286 020
322 566

284 222
320 788

283 201
319 906

284 840
323 198

294, 831
333 852

305, 009
346 016

305, 876
347 610

306, 287
348 106

308, 752
350, 165

310, 377
351, 163

2 654
1,833

2 350
1,409

2 359
1,553

2,628
1,864

2,841
1,488

3, 129
2,183

2,960
2,716

3,080
2,808

2,761
2,392

2,819
1,528

9,949
9 998

8,546
8 994

9 087
9 589

9 101
9 922

8 984
9 535

9 639
9 440

9,420
9 412

9,274
9 796

9,401
9 913

8,561
9 181

9,049
9,515

8,586
9,263

10, 362
10, 283

615

2
664
2,965
3 031

2
784
2,899
3 447

721
3,344
3 060

707
3,554
3 643

692
3,236
3,095

726
3, 286
3,442

712
3,567
3,839

622
3, 440
4,053

541
3,608
4,286

552
3,536
4,043

643
3,644
3,667

.335
23, 587

.325
25 530

.338
27 187

.350
27 108

.338
28, 265

.319
27, 639

.280
29, 129

.294
28, 801

.385
28, 406

.463
28, 952

.488
29, 733

.510
29, 505

36, 631

39, 927

42, 582

45, 434

44, 883

45, 334

44, 480

41, 339

38, 591

36, 579

33, 854

32,105

33, 957
3,988
10, 705
.133

30, 780
2,841
8,426
.133

3, 136~

25, 508
2,721
7 033
.123

2,901
6,344
.135

26 845
3,300
7 600
.123

30 529
2, 533
5 898
.128

3 148
3 342
31, 265 2 33, 007
790

3 476
35, 563
880

. 129
2

875
809
2 46, 923 241,782
876
.044

167~

2

35, 051
3,325
7,180
.143

30, 640
3, 710
8. 300
.143

36, 670
3,074
7,178
.143

39, 470
4,036
8,758
.133

39, 246
4,166
9,007
.133

38, 637
3,093
7,234
.133

35, 999
4,792
12, 540
.133

.129

.123

.123

.122

.124

.125

.122

.124

.137

3 405
35, 792
957

3, 345
38, 030
1,059

3,062
37,016
1,082

3,179
38, 425
1,219

3,521
37, 873
1,214

3,521
36, 624
1,137

3,814
38,419
1,08-

3,824
36, 151
2978

4,048
34,688
2888

1,006
860
996
614
722
855
524
34, 615 2 33, 401 2 34, 878 2 38, 174 2 42, 066 2 46, 413 2 47, 601

884
247,888

641
645
40, 202 2 36, 786

3

2? 798
734
.045
3 200

2 612
I 184
.046
3 798

3 358

.044
3 713

2 906
1 206
.041
3 815

3 042
1 267
.039
3 701

2 341
1,057
.039
3 239

2 678
1,131
.038
3 685

2,114
1,214
.038
3,696

2,104
720
.042
3,404

2,395
1,145
.045
3,389

2,804
753
.048
3,397

2,691
1,151
.051
3,676

4,971

5,304

5,332

5,618

5,924

6,558

6,734

6,869

6,521

5,960

6,129

6,300

1,753
134
2,306

1,969
110
2,337

1,615
.112
2,088

1,865
.118
2,264

1,850
.125
2,316

1,950
.134
2,293

9 289

9,597

9,763

10, 119

10, 463

10, 710

35, 840
205, 803

33, 040
205, 105

37, 520
208, 620

1, 050
161
1,947

1,512
153
2,092

1,366
164
2,049

1,211
181
2,164

1,639
200
2,267

1,549
198
2,143

9 777

9 478

9 511

9 422

9 113

9 224

48 440
188 688

43 680
188*476

45 360
180 843

46 760
183 938

46,200
189 167

42,000
191, 158

37, 520
198, 198

37, 800
1, 98407

34, 160
200, 836

1,469
11, 622
1,781
249

1 138
7, 641
678
155

1 626
11,073
942
266

1,882
14, 007
1,311
564

1,911
14, 234
1,469
631

1,603
11, 967
1,604
397

1,316
10, 008
1,304
295

1,613
12, 314
1,393
515

2,191
16, 692
1,886
682

2.375
16, 959
1,886
742

2,421
17, 173
1,632
749

2,203
16, 002
1,418
651

665
232
128
2,592
210
2,326
132
693
37
53
105
51
239
198
262
31

513
182
222
1,424
203
1 326
78
388
167
38
97
14
255
186
215
57

593
283
309
2,238
198
2 020
45
708
381
56
139
29
322
235
186
132

676
399
342
2,729
251
2,685
32
984
378
72
124
116
404
308
217
186

619
444
334
2,665
237
2,634
42
1,231
246
91
167
123
374
313
232
149

547
354
328
2,277
187
2,001
41
842
90
50
98
88
463
174
305
95

428
180
378
2,210
180
1,805
28
453
77
55
88
45
422
114
317
41

422
531
426
2,658
253
1,904
59
630
159
102
170
88
445
141
291
98

486
481
553
3,221
294
2,408
121
1,324
391
190
252
184
526
128
315
208

479
412
387
3,417
274
2,419
196
1,462
308
167
247
216
458
116
294
209

542
494
301
3,552
319
2,665
210
1,536
168
191
216
232
471
209
274
206

507
436
304
3,421
294
3,098
266
1,269
123
160
198
111
348
246
276
169

702
73
193
342
327
63. 557

350
176
271
317
331
67. 762

470
168
509
416
427
77. 005

806
118
410
334
562
81. 891

889
117
434
231
560
87, 803

963
201
240
171
450
77, 208

683
245
160
172
328
67, 169

783
334
180
321
414
66, 877

1,091
522
366
615
451
79, 772

1,261
438
345
711
529
88, 443

1, 246
309
380
769
502
88,737

1,102
166
354
577
510
90, 244

DISTRIBUTION MOVEMENT
Advertising
Magazine advertising _
thous. lines
1,677
Magazine advertising, total
thous. dolls.. 12, 253
Automotive industry
thous. dolls.. 1,382
Building materials
thous dolls
370
Cigars, cigarettes, and to560
bacco
thous. dolls ..
284
Clothing and dry goods
thous. dolls..
197
Confectionery
thous. dolls
Drugs and toilet goods
.thous. dolls.. 3,043
Financial
thous. dolls. .
206
Foods
thous. dolls
2,332
Garden
thous. dolls
145
House furnishings
thous dolls
934
Jewelry _
thous. dolls
87
Machinery
thous. dolls
65
Office equipment
thous. dolls ..
120
Paints and hardware
thous. dolls..
81
Petroleum products
thous. dolls . .
256
Radios
thous. dolls
165
Schools
..thous. dolls..
185
Shoes
thous. dolls..
65
Soaps and housekeepers'
supplies
thous dolls
741
Sporting goods
thous. dolls..
111
Stationery and books
thous. dolls. _
228
Travel and amusement
thous. dolls..
329
Miscellaneous
thous. dolls. .
367
Newspaper advertising. _.
thous. lines.J 72.043
2

Revised.




46

SURVEY OF CURRENT BUSINESS

May, 1932

MONTHLY BUSINESS STATISTICS—Continued
Earlier data for items shown here may
be found in the 1931 Annual Supplement to the Survey

1

DISTRIBUTION MOVEMENT- Con.
Advertising— Continued
Radio broadcasting, total cost., .thous. dolls..
Automotive industry
thous. dolls..
Building materials
thous. dolls..
Cigars, cigarettes, and tobacco
„ ._ __-.thous. dolls.Clothing and dry goods
thous. dolls..
Confectionery...
. thous. dolls
Drugs and toilet goods
.thous. dolls ..
Financial
thous dolls
Foods
.-thous. dolls
House furnishings
thous. dolls..
Jcwelry ....
thous dolls
Machinery
thous dolls
Paints and hardware
.thous. dolls ..
Petroleum products
thous. dolls
Radios
thous. dolls —
Shoes, trunks, and bags
thous, dolls..
Soaps and housekeepers' supplies
.thous. dolls..
Sporting goods
thous dolls
Stationery and publishers
thous. dolls..
Travel and hotels
thous. dolls..
Miscellaneous . .
thous. dolls
Agricultural Products (Marketing)
Agricultural, total..
rel. to 1923-25..
Animal products:
Dairy products .
rel. to 1923-25
Fish
.
rol. to 1923-25..
Livestock
rel. to 1923-25
Poultrv and eggs
rel to 1923-25
Wool...
...rel. to 1923-25,.
Total
rel. to 1923-25—
Crops:
Cotton
rel. to 1923-25. _
Fruits
„_
rel. to 1923-25-.
Grains.
rel to 1923-25
Vegetables...
.
.rel. to 1923-25
Total...
....rel. to 1923-25..
Collections
Delinquent accounts, electrical trade:
Amount
dollars
Delinquent
firms
-.number-Forest Products (Marketing)
Distilled wood.
rel. to 1923-25
Guin
rel to 1923-25
Lumber
.
rel. to 1923-25
Pulpwood
.
rel to 1923-25
Total
rel. to 1923-25
Postal Business
Air mail, weight dispatched
pounds..
Money orders:
Domestic, issued (50 cities)—
Quantity ...
. _
thousands
Value .
thous of dolls
Domestic, paid (50 cities)—
Quantity
__ thousands
Value _
thous of dolls
Foreign, issued
thous of dolls
Postal receipts:
Total index...
rel. to 1923-25..
50 selected cities
.thous. of dolls..
50 industrial cities
thous. of dolls
Retail Sales
Department store sales, value of:
United States, adjusted.. ..rel. to 1923-25..
United States, unadjusted- rel. to 1923-25..
Department store stocks, end of month:
United States, adjusted— .rel. to 1923-25..
United States, unadjusted .rel. to 1923-25..
Installment sales in New England
dept. stores, ratio to total sales
per cent
Mail-order houses:
Total sales, 2 houses
thous. of dolls..
Total sales, 2 houses
rel. to 1923-25
Sears, Roebuck & Co
thous. of dolls..
Montgomery Ward & Co .thous. of dolls..
Restaurant chains:
Childs Co.—
Sales
thous. of dolls..
Stores operated
..number..
J. R. Thomspon Co.—
Sales.
thous. of dolls..
Stores operated
number
Waldorf System (Inc.)—
Sales
..thous. of dolls..
Stores operated..
number..
Total sales, 3 chainsTotal
tbous. of dollsStores operated
number
Grocery chains:
Atlantic & Pacific Tea Co.—
Total sales
._ __ thous. of dolls
Weeks in month. .....
number _
Weekly average
thous. of dolls..
Tonnage sales .
.
tons
Weekly average
tons. .
4
Revised.




1

1932

1931

l_ .
..
Febru- | January , Decem- Novem- October Septem- August
ber
ary
| ber
ber

March

July

!
May | April

June

March

i

4,301 :
234 |
3
732
76
169
1,018
128
1,178
62
16
71
82
154
31
67

3, 891
231
0

75
12

25

2. 764
89
32

2, 835
99
19

3,036
91
30

476
44
112
452
126
748
44
8
39
72
89
84
95

425
68
100
463
136
762
71
18
72
74
95
104
131

129
29
86
22 i
62

110
37
107
27
115

57
89
22
124

72
90
18
51

<
:
1

126
13
138
3
89

122
16
120
2
90

122
13
130
2
97

129
24
118
2
79

153
33
84
2
78

146
34
92
2
84

88.9

96.5

152. 4

207. 1

116.6

84.9

103.2

61.4

103.2 .
88. 7
89.3
77 8
37.1
91.5!

99.7
79.7
89 9
136 6
40.3
97.2

94.9
117.2
96.2
117 2
46. 5
97.5

92.6
140.5
104.2
75 4
49.5
96.6

90.5
160.1
88.3
88.4
125.1
91.5

96.3
189.3
82.5
88 0
259.6
94.3

123. 6
161. 2
72. 6
88 6
573. 2
105.2

156, 6
144. 5
77. 9
115 6
405. 4
118.0

130.9
138.5
80.2
125.6
197.1
106. 7

67.7
46 0
82.3
88.6

97.2
62.9
41 7
70 5
96.4

274.9
96.8 i
65 9 !
79.1
158 8

366.7
191. 1
84 0
131.9
219.2

152.1
129.2
79.8
103.2
119.3

29.2
154.6
130.0
64.1
83. 9

22.6
139.3
182 9
103.4
103. 0

9.1
88.8
68. 6
165.8
55. 2

28.3
102.2
69.0
135.6
62. 0

93 376 ' 82 819
938
911 |

95 161
996

73 165 ' 95 414
987
877

78, 534
786

70 681
780

:

99
0
93
2
86

68.0

77.3
68.6
40.0
111.2
65.7

83
8

479 i
27
109
489
116

2, 527
68

72 !
107 !
49 i
141

41
133
8
69 :

91 !

75 0 >

!
]

578
53
173
687
128

2, 741 i
65 !
28 !

60
115
50
144

70

>
i

!

611
51
142
702
136

3,253 !
95 i
37 ;

64
127
62
94

l

!
>
i

3. 505
172
31

i
!
i
i

888
130
1,001 i
59
9

99 i
0 '
86 !
2

108.7
147. 8
73. 2
96 0
28.3
88.6

3,598
163
36

476
38
135
453
112
730
39
0
29
81
96
10
86

801 i
20 i
151 '

I
!

1

3, 984
232
!3

103 6
114.4
79 2
78 4
38.7
87.3

''
1
I

828
18
160
881
142
973
32
10
73
53
140
40
82
88
11
110
3
96

!
I
!

873
!

<

; 133. i

I

80.3
74.5 i
62 5 !
86 1 i
73.6

!
!
!

68

513
49
128
650
136

!
!
i
i

790

806

59
10 :

72

53

665
84
3

31

467
32
106 ,
396
98

652

65
0

37

:
i
!
i
:
!
i
;

I

66.4 i
i
!
!
;

3,164
122
39

3. 141
117
37

434
66
90
471
155
788
85
17
76
69
103
118
95

412
51
80
465
126
781
93
16
76
56
91
142
112

115
29
128
30
134

133
23
122
31
172

57.9

67.3

113.1
174.3
82.6
137.0
78.2
101. 2

102. 9
169. 4
79. 6
121.8
61.9
94.0

29.8
70.6 :
63.9 i
93.3
53. 1

38.6
75.1
80.0
104. 3
64.4

91,332 1 112,843
941 , 1,258 i

138, 592
1,228

!
i
1
;

i

93,619 i
1,215

98 621 111, 183
933 i
948

;

48.6
29.6 1
49.8
106 8
54.5

3
2
2
2

43
24
46
94
50

3
1
5
6
3

<
i
i
i

634, 284

30.4
26 1
* 45. 9
2
107 9
49. 5

33
90
45
93
50

5
4
8
6
9

669,077

827, 530

30.0
114 0
60 4
82 1
63 1

22.1
111 9
66 6
56 1
57 6

17.2
141 5
63 2
63 5
64 3

20.4
186 7
61.1
76 1
64 6

27.5
189. 5
62.1
93 9
67. 2

720,301 ; 836, 603

796, 703

804,455

779, 105

781, 419

3,749
37 801

3,379
33 800

3, 3G8
33 370

10, 521
86 759
4 027

9,124
74 679
4 496

9,074
71,622
3 958

107.4
28, 618
3 150

98.8
26, 335
2 897

31
97
52
90
56

4
2 ^
7
9 i!
7

34. 7
136.5
62. 8 i
105.6 '
66. 7 i

44. 6
98.3
59. 1 ;
112.5
63. 6

68.9
39 7
55. 4
100.5
59. 3

750,960

750,638

724, Ci7

3,501
34 224

3,729 2 3, 615
36 315 2 34, 535

3, 766
36, 006

4.015
37, 250

9, 930
76 365
4 412

10, 734
79,311
4,348

92.9
88.8
23,389 : 24, 578
2.869 • 2, 903
'

99.4
26, 442
2, 957

|

3, 906
35, 144

3,656 i
34 142

3, 691
35 494

4,125
39 329

3,600
35 458

10, 164
80, 211

9,271
73 463

i

9, 795
78, 149
3, 500

11, 509
91 567
8 140

9 751
81 318
3 971

100. 3
90.9 !
26, 677
24, 061 i
2,985 | 2 832 ;

95.4
25, 312
2, 911

132. 0
34, 966
4,068

95.2
25,355
2 809

!
;
[

2
2

10, 226 l 10, 902
76,433 i 2 81,95G
4.073
4,442

104.5
27,844
3,047

!

11,132
81,747
5, 014
113.1
30, 178
3, 284

109.9
29,257
3,268
i

;

83
95

86
93

84
87

88
67

91
65

95
90

97
97

87 :
98 |

80
88

81
84

79
76

81 [
75 ;

82
80

S3 i
85 ;

9 1 '•

11 0

89

45,898 : 52, 280
140
160
27,495 ! 30,246
18, 403 | 22, 034

45, 955
141
28,450
17, 505

74
71 i

278 ;
264 |

78 !
67 ':

81
142

70
72 |

73 !
69

75 •
67 ;

78
73

33, 959
104
19, 905
14,054 i

32, 581
100 i
20, 618
11,963

1

31, 975 •
98
19,947 ;
12,028 •

58, 821
180
36, 922
21, 899

1.787 !
108

1.9241
108

2,163
108

1,980

;

1,041
1 15

1,114 i
115

1, 233
116

1, 187
116

1,223 ;

159 :

4,261 ;:
382

4 6

1 , 265 :
161

;

1,181
161

;

;

4, 009 ;
384 •

88,912 '•.l
5
17,782 i
520, 198 :
104,040 '

68,967

4

i

4

67

47

7.0

97
92

83
87

84
87

6.5

50,070 :: 52,078
153
159
31,523 i 31,520
18, 547
20, 558

!

8.4

'
!
i
!

43, 008
132
25, 407
17,601

2,208
107

2,164
108

2,030
108

1,858 '
108

1,847
109

1,957
108

2,059 :
110 '

2, 064
111

;

1,325
115

1,278
117

1,301
117

1,086
117

1,093
117

1,202
116 i

1,175 ;
117 i

1,208
117

1,341
159

1, 252 i

156 :

1,359
156

1,303
156

1,246
154

1,244 !i
165

1.245
162

1,337
162

1,360 1
160

1 , 351
160

4,737
383

4, 419
378 '

4, 892
378

4,745
381

4,577
379 '•

4, 188
391

:

4, 185
388

4,496
386

4,594
387

4, 623
388

;

95 498

74 642

74 411

18, 660
411 883
102,971

18,603
399 779
99, 945

95 528 80,851
5 i
4
19,106
20,213
513 095 454,268
102,619 113.567

102,946
5
20,589
563,223
112,645

91,311
5
17, 465 ! 17,242 ; 18, 262
412, 767 • 395, 428 516, 171
103, 192 1 98,857 i 103, 234
69, 861

11 9

43,004
45, 093
49, 480
132
138
151
29,773
30,261
26,597
16,407 • 15,320 i 19,219

106 !
101

106 ;

74 703

4
18,676
418 762
104, 691

5
19,100
524 743
101949

4

;

82,719
85,160
4
i
4 ;
; 21,290 > 20, 680
435, 292
i 454,479
108. 823
i 113,620

SURVEY OF CURRENT BUSINESS

May, 1932

47

MONTHLY BUSINESS STATISTICS—Continued
Earlier data for items shown here may
be found in the 1931 Annual Supplement to the Survey

1932
March

DISTRIBUTION MOVEMENT— Con.
Ketail Sales— C ont i niiecl
Chain stores, sales:
F. W. Woolworth & Co.—
21, 255
Sales .
thous. of dolls
1,908
Stores operated _ _
number
F. & W. GrandSales
. _ .thous. of dolls
Stores operated.number
G. C. Murphy Co.—
1, 430
Sales
thous. of dolls
171
Stores operated.number-.
Isaac Silver & Bros.—
Sale**
thous of dolls
Stores operated
number
J. C. Penney Co.—
Sales
..thous. of dolls, . 11,412
1,463
Stores operated _
--number..
McCrory Stores Corp.—
3, 584
Sales
thous. of dolls..
Stores operated
number
MetropolitanSales
thoiiP. of dolls
Stores operated
number
S. H. Kress & Co.—
5, 290
Sales
thous. of dolls..
S. S. Kresge Co.—
Sales
thous. of dolls.. 10, 383
714
Stores operated
. - . .number. _
W. T. Grant Co.—
5,
567
Sales...
thous. of dolls..
Scores operated
number
Five and Ten—chain group:
138
Actual
-. rel. to 1923-25..
116.3
Adjusted for seasonaL.rel. to 1923-25-.
Warehouses
Public merchandising warehouses,

February

18, 793
1,906

1,221
171

' Novem- October SeptemJanuary DecemAugust
ber
ber i
ber

17,991 I
1,902 |

July

; June

21,712 ; 21,079
1,895 ; 1,889

;

2,004
117

1,664
116

1,569 '
169 1

1,549
168

1,588
168

1,329
16fi

594
45

692 ',
45

695
45

723
45

5(J6
45

13,257
12,779
1,456 ; 1,454

14,832
1,453 ,

15,450
1,453

15,380
1,454

12.443
L454

3,240
243 i

3,412
243

3,703
243

3. 381
' 242

702 i
83 ;

713
84

722
91

508

5, 467 <
217 1

5, 469
216

5, 761
216

5, 259
213

12,123
690

12, 590
'688

11,035
684

21, 732
1,902

3,158
123

1, 740
123

2,134
121

1,699
121

1,565
119

1,628
119

1,833
119 i

1,111 !
171 !

2, 961
172

1,578
172

1,715
172

1,490
172

1,519
172

1,475
170

1

1, 145
45

610
45

832
45

607
44

589
45

16, 493
1, 458

17, 968
1,458

14, 577
1,457

3, 469
244

3,881
244

3,260
244

3,214 ;
243

565

643
83

571
83

518
83 i

3,067

2}919

4,274
222

;

83

11,221 i
221 :

5. 587

221

5,706
222

5,295 •
220

March

1,825
118

26, 150
1,906

21, 269 :
1, 450 .
'
6, 882
244

April

21,724
1, 894

22, 005
1, 906

9,288 !
1,460 |

May

23, 830
1, 896

39,713
1,906

9, 586
1,460

4,698
225

1931

!

5, 286
218

3.004
242
658
83 ;
5, 104
218

21,978
24,117
1,889 ! 1,896

9S080
712

8,845
713 j

22, 173
711 !

11, 220
710

12, 498
705

10, 957
703

4,839
406

4,495 <
404 ;

12,111
402

:

6, 485
400

7,423
400

5, 570
386

5, 395
381 ;

5, 227
375

6 289 ',
371

6, 606
367

6,402
364

5. 334
354

121
155. 8

115 i
155.1

279 '
143.5

148
146. 6

169
152.0

142
156. 3

143
160.0

140
148.5

148 !
Id. 7 :

156
168.0

160
167.9

144
158.7

66. 7 I

66.6

65.3

65.7

64.6

63.9

04.7

!

65.8

65.9

66.8

58, 430
54. 218
40, 290 | 46, 911

56, 534
45, 933

49, 909
45, 379

49,894
47,308

50,671
48,379

55,320 >
52,508

60,845
73,457

34, 674
51, 189

56, 2<*6
2 75, 381

204, 904

180, 220

164,822

180,670

203,991

214, 888

235, 881

5,376

4, 140

6, 129

4,925

4, 923

37, 221
13,131

34,548
12, 370

28, 996
8,357

30, 277 \ 33, 420
8,798 | 11,201

36, 202
14, 230

38,913
17,995

111,983
8,802
17, 352
6,158
50, 559

90, 361
7,726
12, 837
3,986
34, 589

74, 567 ! 79, 977 ! 88, 149 !
8, 106
7, 392
8, 688 i
7, 873 ; 8, 286 '• 10, 819 :
3. 239
3, 757
3, 622 1
27,815
32,564 ; 30,915 !

89, 576
10, 121
13, 153
3, 887
34,238

94, 320
11, 329
12, 282
3,884
33, 344

113,838
12,456
19, 195
5,691
39, 706

40, 072
26, 621

40, 941
28, 002

44,328 i 48,018 I 51,247 i 59,581
30,579
32,677
35,030 j 41,664

62, 974
44. 851

63, 068
41, 860

10, 252
3,435

10, 230
3,658

10,770 i 12,945
4, 420 ! 4, 706

15,286
5, 583

16, 467
5,803

15, 139
4, 512

201,385
63, 624

177,382
44, 390

161,494 ; 176.977
25,500 | 28,376

199,225
36,484

210,061
40, 151

231, 081
56, 428

64. 0

!

2 65. 9

10,976
10,722
699 i
696

11,896
694

FOREIGN TRADE
Canadian
Total trade:
Exports
Imports

...thous. of dolls..
..thous. of dolls..

41,019
57,437

37, 019
35, 586

39,063 1
34,115

United States
Exports:
Grand total, including
reexports
thous. of dolls.. 150, 000 153, 925 149,901 183, 578 193,554
By grand divisions2,717
3, 140 ;
Africa, total
thous. of dolls..
3, 598
4,317
Asia and Oceania39, 408
Total
thous of dolls
38,667
43, 660 I 41,227
20, 742
Japan
thous of dolls
16,945 i 18, 445 1 14, 259
Europe74, 038
Total
thous of dolls
71,082
92, 242 ! 100,826
8,800
France
thous of dolls
9,340
8,274
8, 681
Germany-.
thous. of dolls.. -12,058
15, 694
14, 587
-- 11, 004
4,027
Italy
thous of dolls
4,487
4,108
7,076
33, 306
United Kingdom thous of dolls
28,606
46, 280
36, 699
North America—
30, 342
Total
thous of dolls
29,737
38, 550
20, 101
20, 247
Canada
.thous. of dolls..
18,572 ; 19, 777
25, 760
South America7,419
Total
thous of dolls
7,276
9,354
10, 100
2, 207
Argentina
thous of dolls
2,025
3,130
2, 701
By economic classes—
Total domestic exports
only..-.
thous. of dolls.. 151, 779 2151,012 ^146,862 : 180, 663 190, 318
52, 569 249,735 : 68, 299
Crude materials
thous. of dolls. _ 50, 408
68,039
Foodstuffs, crude, and
8,510 2 8, 494
food animals..
thous. of dolls..
13, 754
28,193
9,404
Manufactured food14, 264 ^15,464 . 17, 664
stuffs
thous. of dolls... 13,213
20, 719
Finished manufactures
thous. of dolls. _ 61, 348 2 57, 353 254,646
67,007
66, 948
Semifinished manufactures
-~ thous. of dolls. . 18,300 2 18, 332 218,823
20, 798
20, 656
Agricultural exports (quantities)—
117
111
All commodities
rel to 1910-14
111 ;
137
143
All commodities (except
79
85
cotton)
.
rel. to 1910-14..
114
81
106
Imports:
130, 977 135,203 ' 152,887 149, 480
Grand total
thous. of dolls
By grand divisions—
2,854
\ frica total
thous of dolls
1,575
2,141
2,039 i
Asia and Oceania33, 553
44, 366
Total
thous. of dolls_.
37,846 ; 41, 114
12, 723
14, 150
18, 803
20, 408
Japan.
..thous. of dolls..
Europe—
40,986
41,720
50,
231
49,
306
Total
,
thous. of dolls- 6,415
4,137
4,080 i
France..
thous. of dolls -6,446
8,
274
8,
639
8',
187
Germany
thous. of dolls-5,045
6, 630
6, 519
4,007
Italv
thous. of dolls-5, 954
9, 237
8, 547
7, 728
United Kingdom. .thous. of dolls..
'Revised.




6, 162 |
:

5, 070
34, 660 ;
10,885

187,190
4, 648 \

12,869 :
4, 295 :
182,797
29,070

(

13,967

10, 290 ,

8,626

9,583

25, 349

18, 125

18,075 i 18,306

17,531 ! 18,868

19, 596

23, 381

9,981 I 13,999 ' 11,119 | 10,546

77, 262

83, 189

84, 069

88, 348

97, 625 j 103, 436

110, 602

110, 264

21, 184

21, 389

23,868 i 27,948

27,451 \ 29,891

31, 086

31. 424

139

86

53

63

58 ;

66

68

87

127

92

83

97

86

89

81

86

368,708

170, 384

160,679

174,460

173,455

179,694

185, 706

210: 202

1, 697

3,096

2,400

2,384

2,773

4,337

3,778

3,052

48, 413
19, 474

42, 494
17, 256

45,581
16,052

48,772
16,057

52,757
14,988

49,964
15, 58^

53, 180
12, 183

59, 552
18, 454

56, 302
8,971
12, 071
5, 648
11,278

60, 788
7,799
12, 203
5,635
13, 379

50,776
51,359
6,551 i 5,459
11,373 ' 11,734
4, 351
4, 138
11,509
10,951

47,480
5,516
8 S 937
4, 269
11,000

'> 51,841
j 6, 143
i 9,512
j 4, 627
12,354

53, 387
6,250
11, 249
5,741
11.561

62, 174
6, 598
13, 434
6,192
13. 033

48

SURVEY OF CURRENT BUSINESS

May, 1932

MONTHLY BUSINESS STATISTICS—Continued
Earlier data for items shown here mag
be found in the 1931 Annual Supplement to the Survey

1931
March

1

1

|ryU" January 1

Decem- Novem- October
ber
ber

.

June I

ber

May

April ! March

FOREIGN TRADE— Continued

1

United States—Continued
Imports— Continued.
By Grand divisions--Continued.
North America —
Total
thous. of dolls—
Canada
thous. of dolls ._
South AmericaTotal
thous. of dolls. .
Argentina
thous. of dolls. .
By economic classes—
Total
thous. of dolls..
Crude materials
thous. of dolls..
Foodstuffs, crude, and
food animals
thous. of dolls..
Manufactured foodstuffs.. .
... -.thous. of dolls.Finished manufactures
thous. of dolls ._
Semifinished manufactures
thous. of dolls .

31,285
14, 608

32, 356 ! 21,229
20, 037
16, 216

34, 142
20, 464

40, 608
21, 281

41,608 '. 45, 346
21,928 | 20, 529

47, 827
22, 341

44, 456
22, 854

45,177
24,110

46,484 i
23,757 I

50,230
24,148

21, 546
1, 385

21, 976 ! 24,179
1, 803
1. 653

19, 763
2,431

21, 687
3, 309

22,380 ! 22, 567
4, 753 \ 3,595

24,133
3,042

26, 068
2, 645

28, 844
3,215

26,917
2,638

34, 599
3, 506

131,341 2 130, 978 2 135, 530 : 152,887
49, 853
36, 034 2 37,310 238,118

149, 480
47,816

168, 708
52, 378

170,384 i 166, 679
52,948 i 47, 692

174,460 ! 173, 455
49,978
52, 438

179, 694
54,159

185,706 j 210, 202
54,702 I 64, 607

24, 870

22, 849

2 23, 436

22, 809

19, 537

20, 355

18,649 I 21, 820

25, 930

27, 435

30, 774

17, 492

'< 11911

2 14, 880

13, 872

13,464

16, 469

16,483 '

23, 540

21, 120

19, 744

18, 850

28,912 I 33, 02C
|
22,985 | 23, 558

31, 810

32, 491

32, 879
20, 066

41, 069

41,241

50, 467

52,012

45, 303

47, 442

44,186

45, 529

45,734 i

49, 226

25, 284

27, 423

29, 040

30,291

28, 324

29, 990

29, 652

30,382 | 33,373 ;

39, 791

68.1
51. 6

69.4
55.0

69.3
55. 9

70.3
57.6

75.1

76.0
64.4

77.8
65.4

78.0
65.2 !

77.9
65.2

81.9 i
82.8 :
64.0
75.4
43.9
61.8
57.4
88.3
69.7
71.1
74.3

81.9
82.3
65.4
75.3
45.4
64.6
61.1
89.2
71.3
72.2
70.4

83.1
82.2
65. 3
70.1
47.4
64. 6
61.4
89.7
73.3
73.6
74.8

85.4
83.2
66.2
76.4
48.4
65.6
61.7
91.0
70.3
76.0
75.8

85.7
82.9
67.4
80.9
49.4
67.3
62.5
91.1
69.8
80.0
77.2

84.8 !
70.3 !
84.3 j
51.1 I
67.7 I
63.1 |
93.0 j
70.5
80.9 !
79.1 |

89.6
90.2
72.6
83.9
54.4
73.4
65.4
93.6
75.7
78.6
80.4

93.0
94.5
74.8 !
84.2 i
55.4 !
76.3 1
66.6
95.3
74.0
81.2
82.1

89.8
87.2
76.6
82.2
55.7
79.3
66.6
94.7
68.4
79.7
83.4

55. 6
70.2

58.0
68.8

53.4
56.1

51.7
50.5

57.2
62.0

58.3 !
64.2 i

62.4
70.7

63.2
70.9

64.3
72.0

76.2
80.8
49.3 |

79.8
81.2
51.2

83.5
81.1
52.8

86.8
81.3 1
53.8

80.0
80.4
55.5

67.3 !
77.0 i
55.8 !

60.2 i
67.6 |
i
65. 1 i
76.4 I
56.2 I

91.7 !
94.0 i
76.5 !
84.0 I
55.4 i
78.0 !
66.5 i
95.0 !
70.5 i
80.2 I
82.1
I
63.8 |
70.3 !

76.1
78.4
60.0

80.3
82.4
62.4

85.2 I
85.9 !
63.9 |

82.0
88.8
63.5

48. 9
519
83.0
89.3

53.9
58.2
83.1
90.3

59.3
57.6
83.5
91.3

64.5
60.4
84.1
92.7

66.6
61.2
85.0
94.7

68.9 I
62.4 !
85.9 i
95.9 I

71.0 I
65.3 !
86.6 !

72. 3
65. 0
86. 9
97. 2 |

76.1 |
69.8
88. 1 ;
97.1 I

70.0

79.5
81.8
84.3
84.2
35.0

79.9
83.7
106.2
84. 1
40.7

81.5
84.1
90.9
85.9
60.8

82.7
85.2
89.8
88.5
108.1

84.0
86.1
86.6
90.6
180.1

84.8 I
86.5
81.8
92.8
142.9

86.8
87.4
90.1
95.9
59.6

86.4
87.4
87.8
96.8
53.0

77.0
76.0
64.0
63.6
102. 9
61.1
66. 0
68.1
60.5
334,917
70.5
71.0
66.9

77.1
74.9
52.7
62.3
102.2
62.2
67.2
71.0
61.5
340, 494
71.0
71.1
68.2

76.0
74.5
41.7
65.7
105.0
65.2
70.6
72.4
63.7
352, 453
74.3
71.8
70.7

146

!
1
!

217
273
189
80
173
203

162
214
258
232
257
114
208
225

151
221
269
231
264
118
251
249

82.0
69.0 !
91.6

278.9
70.0
99.1

81.4
73.0
103.0

81.7
74.0
103.9

86 |

87

87

88

92

93

94

93

94

95

96

96

96

86

82

79

83

90 j

79

78

80

82

71
82
89

73
80
91

73
80
91

74
83
92

80

85

86

88

2 24, 098 2 26, 605 j

EMPLOYMENT AND WAGES
Employment
Factory employment, adjusted (Fed. Res.
Bd.):
Total
rel to 1923-25
66.4
67.8
51.4
Cement, clay, and glass
rel. to 1923-25..
50.1
ChemicalsGroup
rel. to 1923-25.
80.2
78.6
Petroleum, refined
rel. to 1923-25 ._
81.2
79.5
Iron and steel
rel. to 1923-25
60.9
62.4
Leather and its products, .rel. to 1923-25. .
80.2
78. 1
Lumber and its products.. rel. to 1923-25. .
43.3
41.2
Machinery
rel to 1923-25
61.2
59.7
Nonferrous metals
rel. to 1923-25..
54.3
56.0
Paper and printing
rel to 1923-25
86.2
87.2
Rubber products
rel. to 1923-25..
67.0
68.1
Textiles
rel. to 1923-25-.
72.4
71.0
Tobacco production .. ....re], to 1923-25..
70.8
72.8
Transportation —
Group ..
rel. to 1923-25..
53.4
55.1
60.9
Automobiles—
rel. to 1923-25—
64.7
Nonmanufacturing industries:
Anthracite mining
rel. to 1929. _
73.7
71.2
75.2
Bituminous coal mining
_rel. to 1929..
77.4
Metalliferous mining
rel. to 1929..
45.0
46.9
Quarrying and nonmetallic mining
rel. to 1929..
46.0
47.4
Crude petroleum producing... rel. to 1929..
51.4
54.4
Telephone and telegraph
rel. to 1929. _
81.7
82. C
Power, light, and water
rel. to 1929..
85.5
87.2
Operation and maintenance of electric
railroads
rel. to 1929..
77.6
78.9
Wholesale trade
rel. to 1929 .
79.8
80.9
Retail trade
rel to 1929
81.4
80.5
Hotels
rel. to 1929_.
85.0
85.3
Canning and preserving
rel. to 1929. _
36.3
37.1
Employees on pay roll, unadjusted:
Cleveland
.rel. to Jan., 1921—
72.0
75.1
Delaware
rel. to 1923-25 _
75.9
78.5
Detroit
rel to 1923-25
65.4
68.6
Illinois
rel. to 1925-27
61.3
62.0
Iowa
rel. to 1923—
92.6
96.4
Massachusetts
- rel. to 1925-27 .
63.6
Maryland
rel. to 1924..
63.5
63.9
65.4
New Jersey
__rel. to 1923-25..
67.1
New York State
rel. to 1923—
57.7
58.1
New York State
_
number.. 319, 501 321, 368
Ohio
. rel. to 1926 .
68.7
270.1
Pennsylvania
rel to 1923-25
67.5
68.9
Wisconsin
rel to 1925-27
67.6
Applicants per 100 jobs, employment agencies:
Canada
number
_. ._
United States
number
188
Central States
._ number . . ....
214
Eastern States
number 1
259
Southern States.
number
193
Western States
number i
103
Illinois.. .
number
186
191
Wisconsin.. _. .
number
Employment Trade Unions:
Canada.. .. .p. ct. of total membership
United States.p, ct. of total membership. J
70. 0
69.0
Employment, Canada
... rel. to 1926 - 89.7
Factories, time operated:
Total
p. ct. of full time
86
87
Chemical and other
products
p. ct of full time
93
92
Food and kindred products
p ct of full time
94
94
Leather and its finished
products
p. ct. of full time
89
89
Lumber and its manufactures
p. ct. of full time
77
83
Iron and steel and their
products
p. ct. of full time
73
75
Nonferrous meats . _ p. ct. of full time
80
82
Paper and printing
p. ct. of full time89
89
Stone, clay, and glass
products
_.
D. ct, of full time80
81



2

Revised.

75.8
79.3
69.0
61.6
96.8
60.7
64.1
66. 1
58.1
321,410
69.5
69.4
65.1
183
207
258
316
182
81
223

i
!
!
l
i

i

;

191

74.1

62.7 j

89.4
87.1
72.1
84.8
52.0
70.3
64.2
93.0
73.8
79.6
81.4

!

!
i
!
I
I
i
I

85.6
86.8
83.9
93.3
102.2

85.3
87.1
89. 1
91.6
70.6

75.6
81.3 i
80.3
81.2
83.2 1
84.4
51.0
50.0 !
61.8
68.3
70.1
70.5
106.3
109.1
108.7
70.9
71.4
69.9
72.0
72.3
72.5
73.2
73.0
72.6
65.8
64.0
64.2
364, 265 353,895 355, 504
75.5
76.9
78.2
72.6
72.9
72.5
75.0
75.6
79.6
195
196
250
191 i
287 !
91 i
220
232 i
I
81.9 I
74.0 i
107.1 I

266
217
273
212
411
94
244
199

84.2
74.0
105. 2

75. 0
67. 8
87. 4
97. 6

85.9
87.1
89.9
92.5
56.0

;

88.6
96.7

86.9
83.8
88.8 i
90.0
85.6
86.3
86.9
88. 1
73.2
80.4
83.5 !
83.0
72.3
74.5
75.6 !
76.6
110.1
110.1
111.0 ij
112.5
71.4
73.3
74.7
74.4
75.9
76.2 i
73.8
76.2
73.6
75.3
75.7 :
77.0
65.6
67.6
69.0
69.6
362, 885 373, 993 382,045 384,983
81.3
82.7
83.0
82.4
74.5
77.2
79.1
79.2
76.7
78.1
77.9 ;
78.2

i

206
205
246
221
277
84
245
212

165
181
206
187
345
66
218
197

151 j
177
199
181
237 i
80
215
172

147
179
215
202
215
75
228
197

83.8 i
74.0
103.8 !

83.7
75.0
130.6

83.8
75.0
102. 2

85.1 I
75.0 !
99.7

84.5
74.0
100.2

237
209
247
235
265
94
250
186

i
I
!

89

90 |
92

95

96 |

97 |

95

96 I

96

92

90

92 !

91

83

84 I

85

86

85

74
82
92

76 i
84 I
93 i

77
84
94

80 :
86 i
95

80
87
96

90 )

91

90

90

!

SURVEY OF CURRENT BUSINESS

May, 1932

49

MONTHLY BUSINESS STATISTICS—Continued
Edrlier data for items shown here may
be found in the 1931 Annual Supplement to the Survey

1932
March

Febru- January
ary

1933L
Decem- Novem- October Septem- August
ber
ber
ber

July

June

May

April

March

EMPLOYMENT AND WAGES-Con.
Employment— Continued
Factories, time operated— Continued.
Textiles and their prod91
92
91
ucts
p ct. of full time
80
81
Tobacco manufactures- .p. ct. of full time..
81
Vehicles for land trans81
85
86
portation
p. ct. of full time
Miscellaneous indus0
0
0
tries
p. ct. of full time
Federal civilian employees (Wash69, 710
ington)
number
Hours of work in factories:
36.2
37.5
36.1
Actual-.
hours per week-48.0
47.9
47.9
Nominal
hours per week
Labor disputes:
52
49
Disputes
number __
584, 804 2132,106
Man-days lost in month
number.,
43,912 2 6, 507
Workers involved
number
Labor turnover:
Accessions
p ct of no on pay roll
48 8
Separations39.4
Total
p ct of no on pav roll
2.2
Discharges. _.p. ct. of no. on pay roll..
—
Lay-offs
p. ct. of no. on pay roll..
28.8
Voluntary
8.4
quits
p. ct. of no. on pay roll
Ohio construction, employ26.4
228.4
31.9
ment
rel. to 1926.Railways, employees on pay roll --thousands
1,109
Wages
Factory pay rolls (Fed. Res. Bd.):
52.3
52.4
53.6
Total
rel. to 1923-25..
32.2
Cement, clay, and glass rel. to 1923-25—
32.9
31.1
Chemicals—
69.4
72.1
71.4
Group
rel to 1923-25
72.9
75.9
Petroleum refining
rel. to 1923-25. .
75.1
35.4
37.2
36.3
Iron and steel
rel to 1923-25
62.3
61.4
53.3
Leather and its products... rel. to 1923-25. .
24.5
25.9
26.6
Lumber and its products.. rel. to 1923-25—
42.6
45.0
44.5
Machinerv
rel to 1923-25
42.1
Nonferrous metals
rel. to 1923-25
45.0
44.9
82.4
Paper and printing
rel. to 1923-25.
83.5
85.5
51.3
54.2
Rubber products
rel. to 1923-25
53.0
59.3
59.8
Textiles
rel. to 1923-25
55.5
52.2
53.4
53.0
Tobacco products
rel. to 1923-25..
Transportation—
45.1
Group
.rel. to 1923-25
45.6
44.3
51.3
Automobile
rel to 1923-25
52.0
47.7
Nonmanufacturing industries:
61.2
57 3
Anthracite mining
rel to 1929
61.5
46.8
47.0
47.0
Bituminous-coal mining
rel. to 1929—
26.5
Metalliferous mining
rel to 1929
27 8
29 7
Quarrying and nonmetallic
28.7
30.2
mining
rel. to 1929—
29.6
43.2
Crude petroleum producing, .rel. to 1929- .
46.9
46.5
88.2
Telephone and telegraph
rel. to 1929—
89.6
89.1
85.4
Power, light, and water
rel. to 1929. .
86.0
88.4
Operation and maintenance of
72.4
electric railroads
_. rel. to 1929
73.6
74.3
71.3
72.5
Wholesale trade
rel to 1929
74.1
73.4
Retail trade
rel. to 192973.7
78.0
72,5
Hotels
rel. to 192974.0
73.9
31.9
32.7
Canning and preserving
rel. to 1929..
31.8
Farm wages, without board
dolls, per month. . 3 29, 13
Industrial pay rolls:
Total monthly57.2
59.5
57.8
Delaware
rel. to 1923-25—
58.0
60.5
60.5
New Jersey
_. rel. to 1923-25
51.0
New York
rel. to 1923—
51.7
51.0
46.3
49.1
Pennsylvania
rel. to 1923-25—
49.4
48 1
Wisconsin
rel to 1925-27
44 1
Weekly7,692
New York State
thous. of dolls. . 7,681
7,798
Road building, wages of common labor:
By geographic sections34
32
United States average .cents per hour..
33
East North Central cents per hour
40
40
16
19
East South Central ...cents per hour..
17
38
37
Middle Atlantic
cents per hour..
40
45
45
Mountain section
cents per hour..
44
44
41
New England
cents per hour .
43
47
Pacific section
cents per hour
50
49
19
South Atlantic
cents per hour
21
18
37
West
North Central.. cents per hour..
42
38
T
27
W est South Central, .cents per hour..
24
25
Railways, average hourly wages
dollars. ._
678
U. S. Steel Corpn., wage rates -cents per hour—
45~
45*
45
Weekly earnings of factory labor:
United States, totals, 23 industriesGrand total
dollars-18.60
19.51 2 18. 99
69.9
Grand total
rel. to 192373.3
271,4
Men—
20.66
Total
dollars-19.63
20.81
Total
rel. to 192368.4
72.0
72.6
22.37
Skilled
dollars
21.19
21.84
68.8
72.6
Skilled
...rel. to 192370.9
15. 75
Unskilled
dollars-16.67
16.28
Unskilled
rel. to 192370.7
74.8
73.1
12.75
13.32
Women
dollars..
12.79
Women
rel. to 1923..
74.0
77.3
74.2

2 Revised.



91
87

90
85

91
84

91
85

92
88

92
87

88

88

88

89

90

84

83

85

85

85

69 435

69 894

70 056

70, 580

38.7
47.8

37.7
47.9

38.2
48.0

39.2
48.1

92
87

93
87

89

91

85

86

70, 885

71 658

39.9
48.2

59
225
41
43
31
142,
281 2339,730 1 038,063 491,024 1,213,120
2
1 250
12 910 28 696 37, 164
17, 003

93
86

94
87

92

92

91

88

88

87

71 693

72 417

72 297

71 917

39.9
48 0

40.9
47.9

42.7
48.0

41.7
48 0

41.8
48 2

54
666, 309
58 995

51
506, 097
17 071

49
402, 437
15, 735

39
769, 720
22 604

27
422, 545
28 139

38 7

42 7

32 4

43 6

30 6

35 5

29 3

32 8

37 2

43 2

40 4
1.9
30.7

46 1
2.0
35.7

73 2
2.5
59.0

68 4
2.9
51.4

43 2
2.6
28.2

54 9
2.9
39.1

61 9
2.8
46.7

45 1
3.3
28.6

41 6
3.8
23.9

34 8
3.1
20.6

78

85

11 8

14. 1

12.4

12 9

12.4

13.2

13.9

11.1

37.5
1, 134

45.4
1, 169

54.2
1,225

58.3
1,254

60.0
1,288

62.8
1,310

63.3
1,317

61.3
1,337

60.0
1,331

53.7
1,319

55.8
37.4

56.2
40.9

59.4
43.9

61.8
46.1

64.3
48.1

64.4
49.4

67.6
54.4

72.1
56.7

73.6
55.7

74.9
54.0

75 0
77.8
41 0
50.3
31.2
48 9
48.6
91.0
52.0
58.1
58.9

76 4
77.9
41 2
47.0
34.4
48 3
48 8
90.6
50 1
59.3
64.5

80.8
80.8
43 9
56.4
38.2
50 2
49.9
91.4
53.7
66.0
64.6

80.8
83.0
45.2
67.7
40.3
51.2
50.2
90.4
54.6
71.0
62.7

80.4
85.6
50.6
75.5
41.3
54.9
52.9
93.1
62.2
70.2
66.3

82 9
89.6
52 4
72.6
41.7
57.4
54.5
93.6
64.0
65.9
67.5

84.1
91.1
57 6
66.7
44.6
62.4
59.1
96.6
72.4
66.7
68.6

88.4
96.1
64.9
68.7
45.7
67.8
63.4
100.0
71.0
71.7
68.3

92.0
96.7
69. 1
70.6
44.9
69.7
65.4
100.6
66.8
76.8
65.7

89.8
90.8
70 0
73.4
46.2
72.0
66.3
101.9
63.2
81.9
68.3

47.1
48 0

45.2
42 3

45.3
41 4

45.6
41.5

50.9
50.4

52.7
53 2

58.8
62.1

66.1
75.6

65.3
70.8

64.1
67.7

78 4
52.3
34 3

79 5
54.6
35 1

91 1
56.2
37 4

64.9
53.6
40 0

56.4
50.6
40 2

53 7
50.4
41 3

66 7
52.4
46 1

76.1
54.4
49.3

75.2
58.6
51 4

71.3
65.2
52 8

36.9
54.9
92.7
91.2

43.3
52.0
89.7
93.3

48.7
54.4
91.6
93.2

51.2
55.2
92.1
94.3

55.1
56.3
92.3
96.2

57.3
59.2
93.3
97.4

60.1
62.7
95.0
98.3

62.3
64.7
94.1
98.7

62.6
66.3
95.0
97.6

58.2
73.2
97.9
102.4

77.8
77.8
94.1
75.4
36.9

79.7
79 7
85.4
77.1
48.1

79.0
79.9
84.6
79.7
77.6

81.2
81.4
83.5
81.9
129.4

81.9
82.1
80.3
83.8
104.7

83.3
83.3
83.3
85.2
74.2

84.8
84.1
87.6
85.4
58.6

85.1
84.7
88.0
87.7
56.0

86.6
85.2
88.3
89.9
57.1

88.1
89.1
87.5
93.4
50.3

337.00

3 34. 22

« 30. 53

3 38. 37

56.4
62.7
54.8
52.3
48 8

54.7
65.8
56.2
51.1
50 0

61.0
68.9
59.0
54.5
52 8

64.1
66.6
63.0
54.3
55 6

68.9
70.7
61.6
57.0
58 9

68.7
70.8
62.0
57.3
61 0

78.0
72.0
63.2
61.5
64 2

81.1
76.3
66.6
65.8
67 2

79.7
76.1
69.1
69.9
68 2

81.7
77.3
71.1
69.7
68 8

8,254

8,479

8,897

9,493

9,279

9,347

9,524

10,046

10,414

10,723

33
40
18
38
47
43
51
21
36
23
.675
45

34
38
18
37
46
43
51
21
36
23
.684
45

35
37
19
37
46
42
51
21
35
24
.664
45

34
36
18
36
46
43
50
20
35
24
.669
45

36
35
19
37
47
44
50
20
35
22
.662
50

36
35
20
36
45
45
51
22
35
20
.660
50

37
36
20
36
46
44
51
21
36
20
.659
50

37
37
21
38
45
45
50
21
36
22
.664
50

35
36
20
38
43
47
51
22
36
21
.664
50

37
41
21
41
44
48
52
24
37
23
.669
50

20.74
77.9

20.29
76.2

21.21
79.7

21.75
81.7

22.49
84.5

22.34
84.0

23.07
86.7

24.25
91.1

23.82
89.5

23.93
89.9

21.99
76.7
22.56
73.2
17.00
76.3
13.63
79.1

22.60
23.65
23.08
21.54
23.81
82.5
78.8
80.5
75.1
83.0
23.95
23.10
24.89
24.76
22.20
72.1
77.7
80.8
75.0
80.4
18.92
18.05
17.07
18.19
18.86
84.9
81.0
81.6
76.6
84.6
13.85
14.57
14.79
13.37
14.78
84.5
80.3
85.7
85.8
77.6
3
Quarter ending in month indicated.

24.42
85.1
25.71
83.4
19.55
87.7
15.17
88.0

25.76
89.8
27.04
87.8
20.75
93.1
15.37
89.2

25.35
88.4
26.49
86.0
20.46
91.8
15.22
88.3

25.32
88.3
26.49
86.0
20.78
93.3
15.62
90.6

SURVEY OF CURRENT BUSINESS

50

May, 1932

MONTHLY BUSINESS STATISTICS—Continued
Earlier data for items shown here may
be found in the 1931 Annual Supplement to the Survey

!

1933

1931

Novem- October : Septem- August ; July
^January j; Deceinber
ber
ber

March

: June

1
April ! March

May

i

EMPLOYMENT AND WAGBS-Con.
Wages—Continued
Weekly earnings of factory labor— Continued.
Totals by StatesDelaware
rel. to 1923-25..
Illinois
dollars
Illinois ..
rel to 1925-27
New Jersey
rel . to 1923-25
New York.......
dollars..
New York
.. rel to 1923
Pennsylvania. ..
rel. to 1923-25
Wisconsin
dollars
Wisconsin
rel . to 1925-27
Youngstown district, wages of
steel workers. .
p. ct. of base scale

83.2
20.76
73. 2
94.5
23.94
87.9
71. 8
17.56
69.1

82. 9
20. OS
70.8
92.7
24. 05
88. 3
69.4

107. 5

i
i
:

;

;

107.5

!

189

:

80.2
21.68
76. 4
95.8
24.27
89,1
72. 5
16.76
66.0

;
i
!
i

\

107.5

81.7
21. 63
76.2
96.3
24. 66
90.5
74.4
18. 02
71.2

80.2
21.12
74.4
97.0
24.91
91.4
72.9
17.95
70.8

90.0
22. 16
78.1
99.4
25.26
92.7
76.3
18. 13
71.7

107. 5

107.5

1

100.5
23.93
84.3
102.2
26.25
96.4
82.3
21.16
82.8

103.6
24.54
86.5
105.8
26.87
98.6
85.6
21. 65
84.9

101.3
24.99
88.1
105.1
27.27
100.1
89. 2
22.26
86. 7

i
!
i
I
;
J
!
i
'

102.4
25.13
88.6
105.0
27.87
102.3
87. 5
22.69
88. 1

107.5 ;

110.5

110.5

115.0 J

115,0

,

87.0
22.52
79.4
95.1
26.07
95.7
75.3
18,24
72.2

91.2
23.70
83.5
101.4
26.23
96.3
78.4
19.43
76.4

89.9
23.86
84.1
102.2
26.30
96.5
78.3
19.37
75.7

107.5 !

107.5

107.5

:

;
;
'

i
i
i

CONSTRUCTION
Building Costs
Building costs (A. G. C.), 1st of
month
rel. to 1913..
183
Building costs (E. N. R.) 1st of
month
_
rel. to 1913.. 157. 2
Building materials:
162
Brick house, 1st of month
rel. to 1913_.
155
Frame house, 1st of month rel. to 1913..
Construction costs (Am. Appraisal):
Brick, steel frame
rel. to 1913..
Brick, wood frame
rel. to 1913..
Frame
rel. to 1913..
Reinforced concrete
..rel. to 1913..
Factory costs (Aberthaw)
rel to 1914 """"a" 172
Building volume (A. G. C.)
rel. to 1913..
Construction Contracts Awarded
Total construction,
F. R. B. adjusted
rel to 1923-1925
Total construction, all types:
F. W. Dodge Corp.—
Projects
number
Floor space
thotis. of sq.ft..
Valuation
thous. of dolls..
Public works and utilities:
Projects
number..
Floor space
thous. of sq. ft—
Valuation
......thous. of dolls..
Residential buildings, all types:
Projects
.__
number..
Floor space
thous. of sq. ft.. 1
Valuation
thous. of dolls..
Contracts awarded, Canada. -thous. of dolls.. ]
Engineering construction (E. N, /?.):
Total public.thous. of dolls.. 1
Water works.. _
..thous. of dolls.. i
Sewers
_
thous. of dolls.. 1
Bridges, public
...thous. of dolls.. 1
Excavations...
thous. of dolls.. !
Street and roads
thous. of dolls.. !
Federal Government.. thous. of dolls.. 1
Unclassified, public. .. thous. of dolls..!
Buildings, public
thous. of dolls. _ !
Total, private _
thous. of dolls :
Buildings, industrial.. thous. of dolls..i
Buildings, commercial.thous. of dolls..
Bridges, private
thous. of dolls.. '
Unclassified
thous. of dolls..

161. 8

190

190

192

193

195

195

196

197

199 ;

199

162. 5

166. 2

169.3

169.8

171.4

171.4

174.4

187.2

189.3

191. 6 ;

194. 5

161
156

163
158

162
156

161
154

163
156

364
155

166
158

167
160

167 i
157 :

170
163

159
169
154
160
3 172
79

160
170
156
161

161
172
157
162

163
176
160
165

165 '
177
162
166

172
186
172
175

126

144

140

166
179
165
168
» 176
137

166
180
166
169

119

163
174
159
164
174
135

107

87 :

178
192
178
181
•> 181
78

38

49

55

59

59

63

65

66

73 |

77

192 I

163
157 :

161
156 :

155
164
151
156

158
166
153
158

43

61

20

27

31 ,

6, 646
16, 924
112, 235

5,208
12,299
89, 046

4,659
12,601
84, 798

5, 951
17, 210
136,852

7,014
20, 519
151, 196

8,701
30, 700
242, 094

9,105
30, 068
251, 110

9,242
30, 631
233, 106

10,663
33,812
285, 997

10,806
33,651
316, 148

11,506
38, 941
306, 079

11,888 i 10,788
39,380
37,955
336,925 ; 369,981

839
197
29, 854

595
176
28,281

977
539
280
300 !
50, 307
24,056

992
271
47, 410

1,288
171
82, 462

1,800
353
85, 139

1,719
737
72, 964

2,048
1,233
116,265

2,030
1,117
140,780

2,141
387
108, 948

1,907 ! 1,681
785 !
522
132,993 ; 151,722

3, 775
8, 523
33,209
10, 767

2,817
2,639 1| 3, 507
8, 753
6,071
6,922
36,164
24,417
27,504
11, 257
14, 803 : 12, 738

4,257
10, 958
45, 290
24, 642

5, 268
15, 217
60, 540
28, 789

5, 096
12, 992
54, 553
33, 658

5,141
14, 124
60, 203
26, 143

5,658
5,972
15,889
16,913
63,893 i 72,745
28, 055
29, 793

6, 652
21,911
88, 900
36, 896

7,221
22,633
95,896
22,708

i
6,486
! 22,090
i 100,913
; 27,312

49, 072
1, 571
1,791
3, 580
633
16, 184
13,116
4, 026
8, 171
37,047
9, 307
19, 545
190
8, 005

37, 192
1,600
2,041
2, 388
225
10,603
8,204
2,771
9,300 i
39,454 '
6,512
26,345 !
0
6,597

51, 073
1,281
3,208
3, 795
323
11,140
16,416
3,289
11,621
39,796
8.683
27,506
700
2,907

106, 113
3,038
5,176
15, 817
1,624
28, 703
18, 821
8,108
24, 826
119, 060
19, 141
86, 128
450
13, 341

129, 157
6,390
7,733
9,948
2,365
29, 840
41, 637
4,753
26, 491
47, 799
10, 021
25, 446
944
11,388

82, 453
1,153
6, 059
6,909
1,711
31, 088
10, 839
5,990
18, 704
6G, 448
11, 801
33, 256
137
21, 254

148, 784 , 125, 737
5, 536
8, 016
5,697
5,370
28,520
5,786
1,180
1,419
56,511
62,471
22, 560
20, 158
4,129 ; 3,965
24,651 1 18,552
96,326
70,589
13, 663
13, 901
55,242
40,986
2,250
25
25, 171
15, 677

122, 036
5,248
3, 254
11,801
4,198
63, 167
10, 340
5,422
18, 606
95, 797
12, 606
54, 413
6,248
22, 530

176,075
10,219
7,727
9,916
1, 143
81,623
26,389
8,214
30,844
140,830
22,965
67,444
50
50,371

! 168.925
!
2,542
! 11,300
!
9,752
1
1, 122
i 53,388
i: 66,225
10,247
! 14,349
\ 78,421
! 16,566
I 46,128
<
25
; 15,702

39,825
3, 982

39,225 !j 40,514
3, 418 i i 3,707

35, 288 i 35, 502
2,307 | 3, 510

33, 203
2,905

31, 918
2,819

1
i
!
i
i
i
1
!
I
!
;
||
||

76, 489
2, 414
4, 786
6, 789
558
26,427
16, 620
3, 370
15, 525
48, 642
7, 995
22,837
25
17,785

82, 031
3, 310
7,590
6,561
642
18, 992
22, 224
8. 400
14, 306
56, 727
8, 837
24, 022 ;
800 1
23, 068 :

3

i
i
i
!

Fire Losses
United States
Canada

thous. of dolls..
thous. of dolls.. ~~~3~28T

33,368
12, 427

37, 835
3,867

41,424 1
3,602 i

44,074
3,488

!i

Real Estate
Market activity

33,025
1, 999

rel. to 1926..

58. 8

57. 8 |

64.5

59. 0

63. 2

60.3

59.8

61. 1 i

58. 4

61.3

62.0 '

61.7

4,361
3, 559 ;

4,009
2, 482

8,702
6,182

7, 675
5,437

12,470 '
9,309

15,957
13,536

12, 303
10, 038

24,671 1
21,982

19,467
17,573

42, 087 !: 65,340
2, 113
1, 435
7,928 | 9,028

53, 415
1,887
10, 659

26, 799
943 i
11, 884 j

9, 100 ;
254
9,569

5, 826
205
8,277

28.441
28.441
740, 461 | 794,798

28.422
734, 056

28.422
712, 660

55, 966

55, 835

Highways
Concrete pavements, new contracts:
Total
thous. of sq. yds.. I
Road
thous. of sq. yds.. \
Federal-aid highways:
Completed—
Cost...
thous. of dolls..
Distance _
miles
Under construction, end of month miles

6, 005
5, 457

3,255
3,084

5,364
2,524 I
2,252 i ; 4,215

!

26,164 ; 13,994
1,018 j
651
12,207 : 12,306

5,059 i
225
11, 229

PUBLIC UTILITIES
Electric Railways
A verage fares (272 cities) .
cents
Passengers carried (232 co. 's) thous of persons
Operating revenue (all railways)
i
_
_
.thous. of dolls..!

j
i

i| 28.441
I I 802,149
59,970

56, 211 i

59, 704

56,981

Gas and Electric Power
rrr/-»cc
•
npanies, gross
thous. of dolls..!
* Revised.

Tf1p/>frif» r>r>wor onmrianlna

revenue




64,332

63,718

60,232

;

66,028

i
I

!

i.

2
28.396 ' 28.396
8. 393
831, 183 j 843,669 , 861,501

28.422 : 28.393
739,617 i 787,453

:

185.050 I 180. 610 i 178. 630 I 171, 930 I 167,380 1 187,190 j 168, 510 I 171, 550
3 Quarter ending in month indicated.

j

176, 210

175, 840

SURVEY OF CURRENT BUSINESS

May, 1932

51

MONTHLY BUSINESS STATISTICS—Continued
1932

Earlier data for items shown here may
be found in the 1931 Annual Supplement to the Survey
PUBLIC UTILITIES-Continued

March

1931

Febru- i January ! Decem- j Novem- October i SeP^m- August
ary
ber
ber

JJuly

I June j May

• April

March

j

Gas and Electric Power
Electric power production:
United States—
Total..
mills, of kw. hrs .
By fuels
mills, of kw. hrs__
Bv water power
mills, of kw. hrs._
In street railways, manufacturing
plants, etc
mills, of kw. hrs...
In central stations mills, of kw. hrs
Canada—
:
Total
mills, of kw. hrs..
By water power
mills, of kw. hrs_.
Exported
_. mills, of kw. hrs _
Manufactured gas:
Sales
mills, cu. ft..
Revenue
thous, of dolls. .
Natural gas:
SaJes_. .
.mills, cu. ft. .
Re venue
thous. of dolls
Rate of manufacturing operations (based on
consumption of electric energy for power purposes). (Sec under Industrial production.)

2
2
2

7 009
4*031
2,978
469
6 540

2
2
2

1 330
1,300

;

i

7, 559
4, 464
3, 095

2
7, 773
5,064
* 2, 709

7,406
5,298
2,108

7,765
5,706 •
2, 059

7,532
5,341
2, 191

7 628 !
5 165 i
2,463

7,766 1
5,022 i
2,744 \

7 526 •
4, 642 i
2, 884 i

7,639 •
4, 500 !
3,139

7 643
4,520
3,123

7 8715
5, 243
2, 633

460
7, 099

433
i 7 340

411
6 995

418 1
7, 347

445
7 087

470 i
7 153

509
7 017

447 1
7, 192 i

454
7 189

452
7 424

1,432
1, 398
69

1. 415
1, 385
73

1,428 ;
1,401
95 i

1,288
1,263
93

1,256
1,234 i
100

506 i
7,260 i
I
1,251 i
1,231
95

1,366 i
1,343 !
87 i

1,411
1,388
98

1,418
1,392
128

25,985
28, 681

23,527
26,046 j

29,865 ! 30,731
31,827 32, 356

30, 945
32, 386

43,340 i 52, 568
20 108 i 24 225

54, 729
26 031

1

76,804 ;
18 046 '

77 098
19 051

77, 214
18 650

1, 420
1, 386 i
62 !

29, 360
30, 414

30,708 i
31,936 !

29, 339 J2 28, f.27
30, 002
30, 331

52 '>06
°5 853

54 805 ;
26 441

52 024
24 404

43, 908
19 250

27,820
30, 195

37, 628 i 33 823
15 276
13 490

1

1, 290
1, 268 :
89 i

24, 741 i 28, 310 i
27, 337 ! 30, 654 i

31 661 ! 32, 834 :
12 813 : 13 482 '

36 82J
16 159

:
i

Telephone
Telephone companies:
Operating revenues
thous. of dolls..
Operating income
thous of dolls

69 211
13 911

71 385 \l
14 542

74 270
15 026

72, 606
15 170

75,440 i 73 414
17 849 i 17 523

73 337 i 74, 802 '
16 621 ! 16 320 !

Telegraph
Commercial telegraph tolls
thous. of dolls..
Operating revenues
thous. of dolls..
Operating income
thous. of dolls. .

6,771
8,894
469

7,058 i
9,181 '
326 !

8,298
10, 849
994

7,387
9,660
722

8,243 ' 8,441
10,859 ; 11,012
951 i
567

8,359 !
10,825 i
387 i

8,774 i
9, 212 '•
11,370 1 11,875
461 i 1,737 i

9, 133 !
11, 744 i
1,426 ;

9,391
11,963
1, 513

9, 346
12,024
1,406

135
8,459 i

131
9,470

119
9,150

134
9,428

139 !
105 ;
9,773 < 10, 151 ;

107 :
10,493 i

129
10, 196

119
10, 113

46 740 * 11Q 972
178 121 '•< 291 673
130,807 168,' 021
891
780

156 642
209 864
86, 346
998
510

i 143 627 i 169 760 i 134 854
! 203 230 ! 216 559 203 085
i 86. 016 | 99,901 i 82, 465
1,518
1, 508 !
I
1', 257 j
457
1
385 i
349

r/2 700
163 186
82, 970
1,535
0

Transportation
Express earnings:
Operating income
thous. of dolls..
Operating revenue
thous. of dolls..;
Inland waterways:
Allegheny River
._ short tons
71 515 43 845
Cape Cod Canal
short tons 190 484 1 fi£ 1 RQ
Mississippi River Govt. barges.short tons..! 113] 600 2 112, 558
Monongahela River .thous. of short tons. J
' 794
723
New^York canals
thous. of short tons.J
Ohio River—
!
Cincinnati district
i
thous. of short tons..:
Huntington district
j
thous. of short tons..!
Louisville district
thous. of short tons. J
Pittsburgh to Wheeling ...short tons..; 298 394 319, 266
Pittsburgh district
!
thous. of short tons..
Panama Canal —
Total traffic
thous. of long tons
i 644
1 645
U S. vessels
thous. of long tons
726
628
British vessels
thous. of long tons..
369
471
St. Lawrence CanaLthous. of short tons..
o
0
Sault Ste. Marie Canal
Q
thous. of short tons
0
Suez Canal
thous. of met. tons _
1 766
Welland Canal
short tons
0
Ocean traffic:
Clearances, vessels in foreign tradeTotal
thous. of net tons
5 240
4 932
American
thous. of net tons • 2 056
1 774
Foreign
thous. of net tons
3 184
3 157
Passenger travel:
i
Arrivals from abroad —
;
Immigrants
number
1 984
United States citizens number
19* 829
Departures abroad—
Emigrants
. number
6 188
United States citizens
number .
22' 920
Passports issued
number. .;
6,475
Pullman Company operations:
Revenue
- . thous. of dolls
4 039
j 494
Passengers carried
thousands
Trend of business in hotels:
Average sale per occupied room... dollars. .'
3. 27
3.46
Room occupancy
_p. ct. of capacity..
52
56
Steam railways:
Equipment —
Freight cars—
In bad order, end of monthQuantity-....cars.. 209,271 206, 461
Ratio to total cars... per cent..
9. 7
9.6
New orders
cars,.
105
10
Owned, end of monthQuantity
thous. of cars.. 2,186
2,188
Capacity
mills, of lbs_. 205,287 2205,519
Shipments—
:
Total...
cars..
3
10
Domestic,
cars..
3
10
Unfilled orders (railroads) —
3,214
Total .
cars
150
Of manufacturers
cars. . 2, 974
150
3, 0(14
In railroad shops...
cars.. 2,824
Locomotives—
4
Exports, steam
number...
3
2
Revised.



129
9,540 '
213 562
221 308
104^873
1, 135
505

135
9,695

1 246 551
197 997
i 106)931
i
962
;
587

!

!
j

338,716 ! 463, 164

1 594
652
412
0

i
i
!
!

1 649
' 744
405
32

293
0
2 136 !
2 075
0 ! 103 954

548, 640

1 578
' 676
371
664
3 049
1,964
954 773

-

294 720 237 024
186 414 ' 211 172
104^266 I 104, 300
1,331
1,042 I
506
425

3 315

1 3 1, 193

3
i
856
603,544 i 635,571

i
!
1 763 : '
930
327 j
795 1

3

1 755
884
318
711

6 248 i 7 126
2, 019 i 1 813
821 454 •' 968 763

i

i

!

3290

;

3 912 !

i

3

;

1 867 i
820
466 i
717 '

i

!

i 759 '
?
828
453 !
920 !

1 925
937 :
421
1, 166 |

3 2, 120

3 1 , 484
1 916
910
429
0

4,335 i
922
7 611 ; 6 645 i
8 385
1,963 I 2, 027 ! 2,403 i 2, 396
1 860
972 976 i 871 513 i 1 015 46° 1 165853 ' 370 003

0
2,440

6,539
2,525
4 014 i

5 907
2,092
3 815

5, 044
1,773
3 271

3 534
3 174 i
30 944 ! 25 588 i

3 799 1
22,518 i

3 470
28, 281

3, 577
34, 861

:
5,647
5 893 i 5,616
24, 418
29, 579 i 23,242
27, 689 ! 28,513 i 21, 466

4,693
32, 278
14, 328

5 605
2 2%
3 309

2 220 '
17' 158 '

2 642
16* 932

2 899
16* 823

3 913
32 427

8 550
25 016
6,442 i

10 727
24 351
5,513

11 318
23 224
6,622

10 857 i 8 733
35,016 I 42*247
7,345 | 8,812

4 530
1 643

4 852
1 677

4 238
1 526

4 499 >
1 674 '

5 409
l' 969

5 564
2 091

5,413
2 023 '

5 470 !
2 051

5,055
1 900

3.39
52

3.56
56

3.51 i
60 i

3.55
58

3.64
54

3.55
54

3. 58
56 !

3. 50
61

195,462 187, 666
8.7
9.0
11
159 !

196, 324
9.0
28

194,948 ! 194,127
9. 0 !
8. 9
798 ;
3

187, 585
8.6
534

2,191 i
2,193
205,745 \ 205,913

2,205
206, 842

2,211 I 2,216
207,290 | 207,638

2,220
207,947

6 837
2* 478
4 35Q

7 463
2 734
4 729 i
I

5 017
62 581

4 090 !
59 372 i

o

6 543
2 241 '
4 302 '

4 866
1 729
3 137

3.38 i
60 ;

3 464
545, 900

2 Oil
929
436
319

1 789
859
378
714

4 910
l' 781
3 129 i

6 461 •
2 420 '{
4 041 '

65

* 765

3
969 !
736,187 ; 685,526 j 713, 200

i
661,514 ; 849, 277

2 135

75 919
17 977

7 536
2 742 i
4 794

9 541 i 7,428 i
65 895 i 46, 961 '
10,749 i 17, 667 i

5,238
1,986

4,894
1,966

3.73
63

3. 63
61

181, 702 \ 172,776 ! 170, 165 162, 966
7.4
7. 7 •
8.3 !
7.9
46 , 2,768
972 1
443

162,117
7.3
2,166

1

!

.

2

!

2,224
208, 207

320 '
262 i

546
542

150
150

404 1
404 |

780
776

524 ;
499

341 !
341 |

615 i
555 !

3, 650 \
259 |
3,391 !

5,042
1,340
3, 702

4,252
220
4,032

4, 610 l
314 !
4,296 j

5, 100
534
4,566

5,746
866
4,880 j

6,466 1
1,336 j
5, 130 1

7, 179
2,070 ;
5,109 ]

0

1 i

11

0

0
1

0

Quarter ending in month indicated.

o i

:

2,249
209, 958

2, 251
210, 102

648 i
646 ;

1,082
1,082

762
657

7,542
2,176
5,366

7, 484
1,569
5,915

2 2

0

2,244
2, 229
208,579 i 209,645

1

6, 585
1,599
4, 986

3:

52

SURVEY OF CURRENT BUSINESS

May, 1932

MONTHLY BUSINESS STATISTICS—Continued
Earlier data for items shown here may
be found in the 1931 Annual Supplement to the Survey

1931

1933

March

Febru- January
ary

Decem Novem- October Septem- August
ber
ber
ber

June

July

May

April

March

PUBLIC UTILITIES— Continued
Transportation—Continued
Steam railways— Continued.
Locomotives— Continued.
In bad order, end of monthAwaiting classified repairs
number. _
Ratio to total locomotives
per cent
Installed
number..
6"
New orders...
__ .number __
Retired
number
Owned, end of monthQuantity
number
Tractive power
mills, of lbs._
Shipments, manufacturers (Census)—
3
Total .-number. _
0
Electric, domestic
number
0
Steam, domestic
. .number
Shipments, electric locomotives —
0
Industrial (quarterly) number
318
Mining (quarterly)
.number..
Unfilled orders (railroads) , end of mo. —
Of manufacturers
number..
In railroad shops
number
Unfilled orders, manufacturers' (Census)—
170
Total
number. _
130
Electric, domestic
number..
32
Steam, domestic
. .number
Passenger cars —
In railroad hands, end of quarter
number
0
New orders
..cars..
Shipments—•
1
Total
.
cars
1
Domestic
.
cars
Unfilled orders, end of quarter
number
Financial operationsNet operating income.thous. of dolls. .
Operating revenues —
Canada
thous of dolls
United StatesTotal
_. .thous. of dolls..
Freight
thous of dolls
Passengers
thous. of dolls..
Operating expenses thous. of dolls..
Net operating revenue, Canada
thous of doll^ - - - Freight cars—
Carloadings*—
2,287
Total
thous of cars
509
Coal and coke
thous. of cars_.
80
Forest products
thous. of cars..
Grain and grain products
116
thous. of cars
66
Livestock
thous. of cars..
11
Ore
thous. of cars..
749
Merchandise, 1. c. 1. thous. of cars_.
750
Miscellaneous
thous of cars
Car surplus (daily average, last week
of month) —
Total
.
cars 704, 747
Box
cars 365, 209
Coal
_ _ _ _ _ cars 264, 606
Operation results—
Freight carried 1 mileCanada
mills, of tons.United States.. mills, of tons_.
Passengers carried 1 mile millions .
Receipts per ton-mile
cents. _

7,814

14.7
40
0
102

7,331

13.7
51
0
285 I

6,990

6,836

6,485

6,310

6,173

5,938

5,910

5,958

5,967

13.0
68
11
46

12.7
53
20
81

12.0
61
0
139

11.7
51
1
113

11.4
95
6
122

10.9
66
3
108

10.9
114
2
291

10.8
94
151
182

10.9
67
7
151

10.9
77
8
161

5,913

54, 166
2,487

54, 228
2,489

54, 462
2,496

54, 861
2,509

54, 889
2,509

54, 967
2,512

55, 029
2,514

55, 056
2,513

55, 098
2,513

55, 278
2,518

55, 366
2,520

55, 450
2,522

5
0
1

0
0
0

2
2
0

1
6

12
3
8

7
3
4

*?2

16
4
11

23
4
19

26
0
26

16
3
12

10
5
5

3
3
337

30

324

34
382

j

317

36€

30
6

30
8

30
9

0
10

15
4

15
12

16
13

18
14

20
16

31
20

57
24

60
26

173
130
32

178
130
33

177
130
32

165
132
21

147
132
7

158
135
14

115
88
18

132
93
20

142
93
30

84
18
47

106
8
69

115
14
81

0

30

50, 475
0

6

6

3 50, 060
0

0

0

51, 136
0

0

4

51, 489
0

0
0

0
0

2
2

0
0

21
0

0
0

8
8

2
2

13
13

38
38

37
37

24
24

11,714

21,263

36, 580

64, 020

55, 319

55, 859

56, 535

50, 163

41, 264

39, 074

45,906

22, 120

27, 732

31, 688

32, 611

30, 158

28, 265

29, 352

30, 480

30, 934

30, 912

30, 613

3

3 15

22, 043

3

3

3

3 24

316

125

275, 371
208, 492
38,024
229, 548

288, 631
214, 443
40, 577
241, 439

305, 385
238, 459
35, 904
238, 507

363, 206
289, 193
38, 202
261, 247

350, 335
270, 239
44, 757
258, 223

364, 525
280, 103
49, 183
269, 463

377, 146
290, 348
50, 272
280, 127

369, 810
281, 261
50, 957
280, 145

369, 020
283, 161
46, 981
288, 067

369, 652
283,711
47, 272
290, 618

376, 149
291, 289
47, 150
291, 582

340

3,962

7,676

7,363

5,036

1,871

2,049

1,898

2,166

3,640

3,112

2,245
485
77

2,270
483
73

2,273
494
71

2,620
507
87

3,813
755
123

2,908
516
104

3,747
617
138

2,931
452
106

2,992
465
125

3,736
611
165

2,986
486
130

2 2, 937
555
138

137
76
11
732
728

124
88
12
747
742

112
87
15
742
753

145
104
25
806
946

193
145
102
1,081
1,415

149
96
121
841
1,081

228
106
175
1,069
1,413

220
71
139
830
1,113

140
75
119
876
1,192

180
106
80
1,097
1,496

151
85
29
899
1,206

153
79
23
2885
2
1,103

721, 615
366, 620
278, 222

741, 864
380, 777
283, 440

750, 696
401, 332
268, 669

659, 346
340, 502
249, 193

535, 254
290, 369
185, 442

564, 284
293, 424
209, 765

573, 680
302, 887
206, 240

564, 068
288, 414
211, 044

599, 282
306, 443
224,120

615, 924
306, 319
238, 504

602, 832
282,315
251, 679

621, 509
298, 837
252, 825

1,605

1,878
22, 663
1,641
1.037

2,805
25, 086
1,468
1.035

2,927
30, 588
1,541
1.046

2,057
27, 847
1,900
1.049

1,636
29, 348
2,077
1.041

1,770
30, 276
2,116
1.051

2,207
28, 258
2,034
1.090

2,178
30, 014
1,870
1.054

2,136
28,710
1,831
1.093

2,104
29,960
1,758
1,074

267, 272
205, 366
33, 882
211, 109

FINANCE
Agricultural Finances
Loans outstanding, end of month:
Federal land banks
mills of dolls
Federal intermediate credit banks
mills of dolls
Joint-stock land banks
mills, of dolls. .

1,150

1,154

1,158

1,163

1,167

1,171

1,174

1,178

1,179

1, 182

1,184

1,185

1,187

112
513

114
520

118
525

120
630

124
535

124
540

130
545

133
548

137
551

137
532

131
536

138
540

138
544

919

961

974

1,002

1,040

996

1,090

1,228

1,368

1,413

1,422

1,467

76

119

305

418

647

420

70

39

95

124

162

123

312

314

251

126

99

100

228

243

341

380

409

431

175
168
189

159
174
195

131
131
156

125
171
162

112
118
63

162
248
66

168
439
186

232
436
278

196
357
379

171
293
444

125
285
441

131
341
441

103

2108 j

118

174

210

248

271

289

292

305

307

311

2,638
2,842
2,071
17, 676
19, 233
14, 4G4
15, 893
17, 112
14, 605
86.7
80.6
74.0
for 5 weeks, other months 4 weeks.

2,587
20, 678
18, 125
91.9

2,451
20, 073
16, 627
84.3

2,244
17, 501
16, 526
83.8

2,400
21, 007
18, 444
93.5

2,694
25, 893
19, 406
98.4

3,172
25, 072
18,858
95.6

2,786
26, 821
19, 620
99.5

2,570
27, 589
19,421
98.4

Banking
Acceptances and commercial paper:
Bankers acceptances outstanding—
Total
.
_
mills of dolls
Held by Federal reserve banks—
37
For own account. _ .mills, of dolls. _
For account of foreign correspondents
335
mills of dolls
Held by group of accepting banksOwn bills.mills, of dolls. _
Bills bought. .. _
mills, of dolls
Held by others
mills, of dolls
Commercial paper outstanding
mills, of dolls.106
Bank debits:
Canada
mills, of dolls
New York City.
_
mills, of dolls
16, 160
Outside New York City. ..mills, of dolls. _ 13, 729
Outside New York City...rel. to 1923-25..
69.6
* Data for May, August, and October, 1931, are



1,990
14, 381
12, 870
65.2

2 Revised.

3 Quarter ending in month indicated.

53

SUEVEY OF CUKRENT BUSINESS

May, 1932

MONTHLY BUSINESS STATISTICS—Continued
Earlier data for items shown here may
be found in the 1931 Annual Supplement to the Survey

1933

March

1931

Febru- January Decem- Novem- October Septem- August
ary
ber
ber
ber

July

June

May

April

FINANCE— Continued
Banking— Continued
Brokers' loans, end of month:
By N. Y. F. R. member banks
_ mills, of dolls
525
495
591
720
505
869
1,390
1,539
1,172
1,479
1,366
1,730
1.90
2.18
2.20
2.35
Ratio to market value
per cent
1.94
2.33
3.04
3.03
3.23
2.93
3.37
3.40
533
525
730
Total
_ . -. . .. mills, of dolls
512
587
796
1,354
1,391
1,344
1,044
1,435
1,651
Federal reserve banks:
639
828
638
718
Bills discounted....
...mills, of dolls..
899
728
255
149
195
328
174
157
Member bank reserve account
mills, of dolls.. 1,924
1,849
2,051
1,961
1,947
2,167
2,373
2,367
2,389
2,364
2,381
2,371
2,651
2,624
Notes in circulation
mills, of dolls.. 2,563
2,665
2,480
2,429
1,963
1,765
1,723
1,580
2,098
1,535
1,709
1,853
Reserve bank credit
mills, of dolls.. 1,597
1,856
1,931
2,184
1,255
976
1,578
943
917
937
1,937
2,125
2,093
2,252
Total deposits
mills, of dolls.. 2,012
2,380
2,632
2,504
2,527
2,442
2,506
2,434
939
849
899
1,156
1,169
Total investments
.. mills, of dolls
1,408
943
751
1,211
773
724
761
3,140
3,158
3,080
3,169
2,903
Total reserve.
mills, of dolls. . 3,235
3,619
3, 597
3,301
3,576
3,413
3,334
Federal reserve member banks:
Net demaned deposits
mills, of dolls.. 10,941 11,003 11,166
12,199 12, 449 13, 227 13, 244 13, 473 13, 688 13, 605 13, 664
11,871
7, 143
6,935
7,428
7,149
Total investments
mills of dolls
7,700
7,506
7,665
7,810 . 7, 795
7,916
7,807
7,903
13, 104
Total loans and discounts., mills, of dolls.. 12, 211 12, 588 12, 830
13, 350 13, 521 14,191 14, 398 14, 486 14, 691 14, 730 14, 993
Interest rates:
2.50
2.50
2.70
Call loans, renewal
per cent..
2.65
2. 50
2.10
1.50
1.50
1.50
1.50
1.45
1.52
5.63
Federal land banks
per cent..
5.63
5.63
5.63
5.63
5.63
5.63
5.63
5.36
5.63
5.63
5.63
5.44
5.43
5.06
Intermediate credit banks
per cent
5.34
4.50
4.06
3.81
3.81
3.90
4.00
3.81
4.00
New York Federal Reserve
3.00
*3.00
3.50
Bank (discount rate)
per cent..
3.50
3.50
*3. 50
1.50
1.50
1.50
1. 50
*1. 50
2.00
2.51
2.82
3.00
Prime bankers' acceptances
per cent-2.88
3.07
2.50
.88
.88
.88
1.07
2.00
1.50
Prime commercial paper (4-6 months)
3.63
..
.per cent. .
3.88
3.88
3.88
4.00
3.13
2.00
2.00
2.00
2.00
2.13
2.38
3.13
3.63
3.50
3.25
Time loans, 90 days
per cent
3.75
3.50
1.38
1.38
1.63
1.50
1.75
2.00
Savings deposits:
5.290
5,239
5,255
New York State
mills of dolls
5, 236
5,217
5,213
5,149
5,173
5,156
5,083
5,231
5,059
United States postal savings system55, 748 96,019 72,011 73, 774 62, 047 43, 505 31, 822 32, 061
Deposits
thous of dolls
Withdrawals
thous. of dolls..
28, 292 27, 846 24,811 23, 532 27, 007 21,117 20, 568 20, 944
Balance to credit of depositors
__
thous. of dolls-- 697, 280 683, 627 658, 081 595, 634 2564,809 536, 660 468, 908 422, 699 372, 457 347,417 325, 028 313, 775
Balance on deposit in banks
... thous. of dolls 620, 139 602, 317 570, 525 512, 300 2479,035 449, 933 395, 725 365, 798 329, 655 306, 120 289, 034 278, 304
Business Failures
Firms (United States) :
45
2 122
358
342
522
Banks «.
number
175
158
93
305
167
91
64
2,951
2,732
2,758
2,362
Total commercial . ...... number
3, 458
2, 195
1,944
1,983
1,936
1,993
2,248
2,383
642
602
Manufacturers
number
688
591
614
519
449
520
449
427
552
515
2,108
2,002
2,013
2,595
1,605
Trade establishments .
number
1, 545
1,322
1,381
1, 435
1,374
1,570
1,710
201
128
154
175
143
Agents and brokers
. . . - number
131
136
141
113
109
126
158
By groupsManufacturers—
642
602
614
688
Total
number..
591
519
520
449
427
449
552
515
17
19
Chemicals
number
22
14
11
12
13
13
9
7
12
9
44
45
48
Foodstuffs
number
46
50
40
34
30
64
40
43
38
19
Leather
number..
20
11
20
25
18
14
18
16
26
14
12
9
Liquors and tobacco
number..
12
4
14
8
15
7
6
10
10
4
6
86
Lumber
number..
62
82
54
65
62
52
39
49
57
65
75
24
26
29
32
Printing and engraving.. number __
28
24
14
17
23
21
27
10
14
23
Stone, clay, and glass number..
12
11
9
18
6
6
13
9
5
105
Textiles..
number..
103
116
81
133
82
61
64
75
53
78
78
80
Metals
number
77
49
75
64
55
32
49
49
37
50
55
244
All other
number
219
235
290
253
191
181
258
198
167
250
227
Traders2,108
2,002
Total - .
number
2,595
2,013
1,605
1,545
1,381
1,322
1,374
1,435
1,570
1,710
14
Books and paper
...number..
16
18
37
16
19
12
19
15
20
19
18
Chemicals and paints number..
148
112
126
120
142
114
84
86
109
90
108
98
437
Clothing _
number
505
284
421
701
289
220
273
235
257
295
351
545
Foods and tobacco
number..
489
556
591
411
447
441
363
360
353
401
451
158
144
General stores
number..
124
105
195
159
78
66
87
89
88
109
487
Household furniture
number..
398
536
260
343
260
235
234
243
239
357
297
319
All other
number..
324
341
450
379
328
286
404
292
322
302
386
Firms (Canada).number
208
293
200
263
256
164
275
230
174
223
196
200
Liabilities (United States) :
15, 936 2 64, 677 J 219, 300 277, 051
Banks
thous of dolls
67, 656 471, 380 233, 505 180, 028 40,745 190, 480 43, 493 41,683
93, 760
84, 900
Total commercial
thous. of dolls
96, 860
73, 213
60, 660 70, 660 47, 256 53, 025 60, 998 51, 656 53, 371 50, 868
31, 293
33, 879
22, 454
Manufacturers
thous of dolls
31, 680
26, 112 26, 334 14, 857 16, 967 20, 586 21, 909 18, 506 18, 719
Trade establishments
thous. of dolls . 44,118 41,005 54, 505
38, 386
27, 229 29, 486 24, 658 25, 848 28, 091 25, 934 25, 069 26, 386
18, 349
Agents and brokers. _
thous. of dolls
10, 016
10, 676
12, 373
7,318 14, 841
7,741
10, 210
12, 321
3,813
9,796
5,763
2
2
4,530
Liabilities (Canada)
thous of dolls
4,226
5,049
5,771
3,170
6,300
2,138
3,345
4,540
3, 505
2,776
3, 752
Dividend and Interest Payments
2
494
Grand total
mills of dolls
443
998
671
558
747
490
946
762
533
560
746
Dividend payments:
215
196
Total
mills of dolls
403
231
288
251
245
387
346
292
233
2311
Industrial and miscel159
laneous-.
mills, of dolls._
143
300
180
183
225
174
170
267
237
213
2233
31
Steam railroads
mills, of dolls
29
43
32
36
34
42
29
34
27
33
237
2
5
12
Street railways
mills of dolls
8
11
11
11
9
6
7
6
8
8
280
Interest payments
mills, of dolls. _
247
595
440
307
459
245
559
300
416
268
435
Foreign Exchange Bates
America:
Argentina
dolls, per gold peso
.583
.582
.583
.588
.585
.520
.646
.699
.597
.703
.707
.765
Brazil
dolls, per milreis..
.062
.062
.062
.062
.062
.056
.072
.064
.075
.059
.067
.073
Canada.
. dolls, per Canadian doll
.895
.873
.851
.827
.890
.891
.963
.997
.997
.997
.999
1.000
.121
Chile
dolls, per paper peso..
.121
.121
.121
.121
.121
.121
.121
.120
.121
.121
21
Asia:
Japan..
_._
..dolls, per yen..
.322
.343
.360
.435
.493
.493
.494
.494
.493
.494
.494
.494
India
dolls, per rupee..
.273
.260
.254
.258
.280
.287
.359
.360
.339
.360
.361
.361
Europe:
Belgium
dolls per belga
.139
.139
.139
.139
.139
.140
.140
.139
.139
.139
.139
.139
England ..
dolls, per Ib. sterling
3.64
3.46
3.43 j
3.72
3.37
3.89
4.86
4.86
4.53
4.86
4.86
4.86
France
dolls, per franc..
.039
.039
.309
.039
.039
.039
.039
.039
.039
.039
.039
.039
Italy
dolls per lira
.052
.052
.052
.050
.051
.052
.052
.052
.052
.052
.052
.052
Netherlands .
dolls, per guilder
.404
.403
.402
.402
.404
.402
.403
.403
.402
.403
.402
.401
Sweden
dolls, per krone
.199
.193
.192
.187
.207
.231
.261
.268
.268
.268
.268
.268
Switzerland
._ dolls, per franc ._
.193
.195
.195
.195
.195
.196
.195
.195
.194
.194
.193
. 193

' Rate changed Dec. 24, 1930, May 8, Oct. 9, Oct, 16, 1931, and February 26, 1932.
2 Revised.


,

March

1, 875
3.58
1,909
250

2,428
1,486
990
2,506
723
3,296
13, 748
7,551
15, 382

1.55
5.63
4.00
2.00
1.50
2.50
2.13
5,018
29, 337
18, 638

302, 658
267, 790

86
2,604
582
1,843
179
582
5
37
23
9
61
27
7
79
52
282

1,843
28
107
400
441
152
358
357
213
34, 320
60, 387
24, 072
30, 348
5,967
3,705

'593
»309
2229
«45
«6
284

.780
.079
1.000
.121
.494
.361
.139
4.86
.039
.052
.401
.268
. 1Q2

54

SURVEY OF CURRENT BUSINESS

May, 1932

MONTHLY BUSINESS STATISTICS—Continued
Earlier data for items shown here may
be found in the 1931 Annual Supplement to the Survey

1932

March

1931

Decem- Novem- October Septem- August ; July
ber
her
ber

Febru- January
ary

|

June

May

April I March

114,651
40

95, 133
628

93, 612 i
27

FINANCE— Continued
Gold and Silver
Gold:
Domestic receipts at mint fine ounces.. 91,273 91, 704 89, 185
Exports
.thous. of dolls . 43, 909 128,211 107, 863
Earmarked for foreign account
by Fed res banks
.thous. of dolls. . 348, 460 2406, 781 433, 150
Imports
-... thous. of dolls . 19, 238 37, 644 32, 005
Monetary stocks of U. S., daily
4.384
4,452
average
mills, of dolls. . 4, 372
Rand ouptut
.fine ounces. _ 960, 035 914, 012 936, 784
Silver:
Exports...
thous, of dolls..
967
942
1, 611
Imports
thous. of dolls. _ 1, 809
2,009
2, 097
Price at New York
.dolls, per fine oz_.
.298
.301
.298
Production—
United States
thous. of fine oz._
1,644 2 1,677 * 2, 114
Canada
thous. of fine oz _ 1, 108
1,484
1,539
Mexico
thous. of fine oz..
6,231
Stocks, end of month —
United States
thous. of fine oz.. 6, 152 » 6, 408 2 6, 517
Canada
..thous. of fine oz_. 1,677
1,324
1,538

123,555
32,651

134,775
4,994

123,748
398, 604

128, 92S 1 115,343 i 118,123
28, 708
39 \ 1,009

458,534
89, 509

435,021
94, 430

463, 931
60, 919

356, 321
49, 269

77,231 i 61,231
57,539 ; 20,512

31,531
63,887

123, 795
50, 258

127, 795
49, 543

120, 295
25, 671

4, 450
923, 353

4. 363
900, 510

4,447
945, 113

4, 948
916, 000

4,975
4,958
916,425 ! 916,843

4,865
897,000

4, 767
910, 279

4,711
882, 237

4,682
910, 998

2, 168
872
3,215
2,138
.301 .322

2,158
2, 573

2,183
2, 355 i
.282

2,024 :1
2,685
.275 ,

2,305 ''.
1,663
.283 ;

1,895
2,364
.373

2,099
2,636
.277

3,249
2,439
.283

2. 323
1,821
.292

<S5, 091

2,350
1,113
5, 590

2,132
1,659
6, 295

2,181
« 1, 987
7,312

2,101
1,403 :
7,510

2, 419
1, 610 '
6,814 |

2, 176
2, 133
6,390 :

2. 433
731
7,041

2,762
1,836
7,374

2, 831 !
1,139 !
9,535

3, 528
1,431
6, 510

6, 209
1, 273

5, 035
1, 471

4,066
1,110

4,082
989

2,240 !
1,363 ;

2,077
754

1,611
958

1,485
1,423

713
1,509

2,714
796

Net Corporation Profits
Grand total
mills, of dolls..
Total and industrial and mercantile
mills, of dolls. _ I
Automobile parts and a c c e s s o r i e s ,
exclusive of tires
mills, of dolls..
Eood
mills, of dolls. .
Oil
mills, of dolls. .
Metals and mining
mills, of dolls,.
Machinery
mills, of dolls..
Miscellaneous
__mills. of dolls__
Steel and railroad equipment
mills, of dolls. _
Class I railroads
mills, of dolls..
Other public utilities
mills, of dolls..
Telephones
mills, of dolls..

«390 ..
1

3D.1
» D. 30
3 22

i

..

3D. 13 :.
3 D. 2 ' _

_

32
3 33

i

!

3 125 .„ .
1

•

3 14
329
3
5
s D.I
33
8
48

i

.-

?- 3b2

' 159 |

s 125

3 65

• 30
•'<• 31
s I ) .1
34

33* 1
3 D. 11
8
3
35

. . .

•t 53
39

3 132
378

:

»64

3 441

:

* D.I
•167

3 T). 13 '
379

3 97

» 67

i

2

107
281

3 79

>' 69

Life Insurance
(Association of Life Insurance Presidents)
Admitted life insurance assets (40 cos.):
Grand total
mills, of dolls . _
16, 459
Mortgage loansTotal
mills, of dolls..
6,397
Farm...
..mills, of dolls..
1,512
All other
mills, of dolis.4,885
Bonds and stocks (book value):
Government
mills, of dolls .
1,290
Public utilitv
mills, of dolls..
1,664
Railroad
"_
mills, of dolls..
2,683
All other
mills, of dolls. .
5°6
Total
mills, of dolls..
6, 163
Policy loans and premium notes
mills, of dolls.2, 655
Amount of new insurance (44 cos.):
Group
.mills, of dolls .
112
35
Industrial
mills, of dolls..
221
218
Ordinary
.
mills, of dolls-578
615
Total insurance
.mills, of dolls __
833
945
Policies and certificates, new (44 cos.):
Group.
thous . of certificates . .
21
49
Industrial
thous. of policies-804
816
Ordinary
thous. of policies.252
248
Total policies and certificates .thousands __
1,089
1,100
Premium collections (44 cos.):*
Annuities
thous. of dolls.14, 434
10, 412
Group
thous. of dolls -.
8,862
8,225
Industrial
thous. of dolls..
61,157
60, 570
Ordinary .
thous. of dolls. .
169,784 164, 710
Total
..
thous. of dolls
249, 578 248, 576
Sales of ordinary life insurance (Life Insurance
Sales Research Bureau):
Canada total, 15 cos
thous of dolls
37, 331
38, 145
37, 467
United States, total
thous. of dolls. _ 638, 732 592, 718 634, 717
Eastern manufacturing district
thous. of dolls 278, 899 267, 617 289, 391
Far western district. . .thous. of dolls. . 65,935 58, 258 62, 884
Southern district
thous of dolls
60, 553
68, 009
64, 922
Western agricultural district
_
thous.
of
dolls
.
78, 315
75,
299
83,
360
WTestern manufacturing district
. __
_. thous of dolls 145, 616 130, 991 136,118
Ordinary life insurance, lapse rates (Life
Insurance Research Bureau):
United States, total
rel. to 1925-26
East North Central rel. to 1925-26. |
East South Central
rel. to 1925-26..
1
Middle Atlantic
rel. to 1925-26
Mountain __
rel. to 1925-26
_ _ _
:
New England...
_rel. to 1925-26..
Pacific
rel. to 1925-26
'
South Atlantic
. rel. to 1925-26 ...........
West
North Central... rel. to 1 925-26. _
i
Wrest South Central -.-rel. to 1925-26..
* For earlier data see table on page 21 of the October, 1931, issue.




16,366

16,288

16, 227

16, 135

16, 070

15,978

15,871

15, 769

15, 662

15, 573

6,382
1, 512
4,870

6,387
1, 523
4,864

6,379
1,527
4,852

6,363
1. 530
4,833

6, 359
1,533
4,826

6,353
1,535
4,818

6,356
1,537
4,819

6,345
1,541
4,804

6,332
1,544
4,788

6, 330
1,547
4,783

1,289
1,667
2,686 j
525 '
6, 167

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

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

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

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

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

1,189
1,644
2,653
504
5,990

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

1,134
1, 605
2,660
495
5, 89-1

1,120
1,578
2.651
487
5, 836

2,594

2,544

2,508

2, 446

2,409

2,388 1

2,363

2,331

2,300

2,273

101
262 754 j
1,117 S

29
230
588
847

41
214
563
818

37
199
484
720

46
247
547
839

46 i
253 ;
606
905 !

81
251
673
1,005

72
236
672
980

99
235
691
1,025

62
247
720
1,028

44
1,156 j
350 i
1,551 |

19
951
259
1,229

18
761
256
1,035

22
723
223
968

26
995
233
1,254

22 !
994 i
260 !
1,276 |

45
926
285
1,256

35
845
288
1,168

59
865
301
1,225

28
881
321
1,230

i 9,812
i 7,464
i 69,204
1 158,721
! 235,201

10, 125
7,484
58, 365
165, 587
241, 561

9,019
7,521
55, 319
150, 450
222, 309

9,304
7,895
62, 874
154, 579
234, 652

17,979
8,114
55,612
178,398
260,103

i 13,868
; 8,117
60,654
! 173,947
i 256,586

25, 175
8,037
59, 884
175, 562
268, 658

12, 682
8,398
53, 854
183, 992
258, 926

11,919
8,790
62, 920
186,452
270, 081

47,163
38,860
799,971 ; 629,760

36, 006
599, 855

30, 066
535, 353

35, 738
589, 497

39,977
46,227
634,902 : 734,614

41,314
724, 206

45, 648
754, 002

46, 945
770, 440

342,141 278,665
79,695 '• 64,140
88,686
66,626

258, 245
61,492
64, 470

221, 440
56, 553
61,076

242, 920
60, 607
69, 047

267,378 321,403
63,112 '. 70,226
73,714 i 84,055

313, 038
68, 663
81,955

327, 077
70, 943
82, 930

343, 745
73, 579
77, 628

23,904
10,166
113,491
200,823
348,384

80,794

80, 224

75, 004

84, 197

91,959 i 100,752

98, 861

102, 396

101, 945

179,266 ; 139,535

110,183

135, 424

121,280

132, 726

138, 739 ; 158, 178

161,689

170, 656

173,543

3

127 \

3 141

3 131 !
3 140
3 191

;

3 113

3 197 '

3 122

3 IIS
3 117
3 195 S

3 116

3 107
3 120
3123

3128 i
1

3

3 124
s 140
3123
3
140

!

Revised.

1

i

111
3 123
» 117
3 127
3 95
3
105
3 103
3 100

a 113
« 116
3128
3 128
2 108
3 114
S98
3
109
3108
i j!9

I 107

3 no •

Quarter ending in month indicated

deficit.

55

SURVEY OF CURRENT BUSINESS

May, 1932

MONTHLY BUSINESS .STATISTICS—Continued
Earlier data for items shown here may
be found in the 1931 Annual SupplementJo the Survey

1931
i

1933

Septem- August
De 6 m
be r " N°bVer October
ber

March : Febru- January

May

July

June

34,480

28,986 1 27,463

April

March

31, 798

2

FINANCfr-Continued
Public Finance

23, 231
Customs receipts
_
thous. of dolls
Expenditures chargeable to ordinary
receipts
thous. of dolls— 385, 486
Qovernment debt, gross, end of
18, 507
month
mills, of dolls
275, 932
Total ordinary receipts
_thous. of dolls
United States money in cir5,531
culation
mills, of dolls

:

23, 191

27, 180

26, 549

27, 445

35, 175

35, 500

370, 985

232, 927

862, 348

292, 052

416, 472

356, 630

323,838 ! 330,661

375, 153

285, 892 432, 366

720, 236

18, 128
97, 140

17, 816
107, 748

17,825
342,271

17,310
106,304

17,292
134,649

17, 321
368, 792

16,864 i 16,802
122,141 ; 131,708

16, 801
512, 894

16, 527
124, 405

16, 655
148, 208

16, 683
433, 301

5,627

5, 645

5,478

5,133

4, 679

4,647

4, 590

5,611 !

5,518 |

3

335
480 !
3
6, 947

:

8

38,240

4,947

4, 750 !

4,836

31 ,806

Stockholders
American Telephone & Telegraph Co.:
Domestic
-_
_ - -number ^660,191
Foreign .
number-- 3 7, 047
Pennsylvania R. R. Co.:
3
324
Domestic..
.number-- 248,
3
3, 267
Foreign
number..
U. S. Steel Corporation (common stock):
Domestic
number,.
Foreign..
number. .
Shares held by brokers _. p. ct. of total—

I
!

j

3

3

605,
885
3
6, 870

3

595
322 !
1
6 735 j

3

574, 905
3 6, 383

245
509
3
3,268

3

241, 391
* 3, 284

3

240,
734
8
3, 291

3

235, 306
3 3, 272

176
769
8
2, 803
* 13 29

8

3

153, 718
« 2, 520
8
14 37

3

147. 440
3 2, 451
3 15. 68

i

166,
316
3
2 701
« 13 16

Stocks and Bonds
BONDS
Bond prices:
Combined price
index
p. ct. of par, 4% bond—
Highest-grade rails.p. ct. of par, 4% bondIndustrial
p. ct. of par, 4% bond _
Public utility
p. ct. of par, 4% bondSecond-grade rails, p. ct. of par, 4% bond-Bond prices, 1st of following month:
50 domestic bonds
_
p. ct. of par..
40 representative issues
p. ct. of par..
5 Liberty bonds
p. ct. of par..
Bond yields:
Industrial (15)
percent-Liberty and Treasury bonds
per cent-.
Municipal (15)
__per cent-Municipal bond yield (20)
.percent-Railroads (15)
_- _ .
per cent
U. S. Treasury notes and certificates,
3-6 mos
per cent
Utilities (15)
._
percent
Total, 60 high grade
per cent—
Long-term real-estate bonds issued:
Grand total
thous. of dolls..
Interest rates
per cent
Kind of structure—
Apartments
thous. of dolls—
Hotels
—thous. of dolls __
Office and commercial.thous. of dolls. _
Purpose of issue —
Acquisitions and improvements
thous. of dolls
Finance construction.-thous. of dolls —
Real-estate mortgage.. thous. of dolls —

58.25
79.28
49.51
69.61
46.54

57.23
75.30
48.84
66.23
47. 52

57.47
76.95
50.04
66.09
46.54

53.23
75.29
47.37
65.84
39.11

64.08
83.73
56.31
72.15
53.02

65.06
84.35
55.48
71.93
56.49

72.24
92.70
61.60
78.40
64.11

77.05
95. 14
65.82
82.81
70.76

80.99
97.70
67.75
83.68
80.34

79.07
97.73
64.36
82.76
78.51

80.48
97.68
68.70
80.91
82.54

80.86
96.11
68,15
80.06
84.03

82.29
96.31
70.83
79.59
86.58

88.22
50.13
99.63

89.49
51.45
99.16

88.18
49.63
96.01

88.19
45.61
98.23

91.72
50.20
100. 86

92.96
56.10
100.37

96.32
53.98
103.76

99.98
71.02
106.04

100. 38
72.32
106.09

100.25
83.84
106. 30

99.89
81.01
106.84

100.12
85.30
105. 77

100.15
88. 03
105. 37

7.51
3.92
5.09
4.73
5.60

7.02
24.11
5.40
4.96
5.78

7.11
4.27
5.28
2
4.94
5.70

7.24
3.92
4.86
4.87
5.86

6.08
3.69
4.62
4.45
5.17

6.21
3.71
4.51
4.34
5.14

5.64
3.42
4.00
4.06
4.66

5.26
3.34
3.88
3.85
4.47

5.13
3.32
3.88
3.86
4.32

5.25
3.30
3.76
3.84
4.32

5.24
3.31
3.75
3.74
4.27

5.10
3.38
3.80
3.85
4.33

4.98
3.39
3.89
3.90
4.27

2.25
5.30
5.87

2.42
5.49
5.92

2.48
5.36
5.86

2.41
5.29
5.81

1.77
4.89
5.19

1.70
4.77
5.16

.45
4.50
4.70

.42
4.40
4.50

.41
4.42
4.44

.55
4.46
4.45

.88
4.44
4.43

1.49
4.46
4.43

1.38
4.48
4.41

905
5. 50

0
0

1,075
5.50

3, 185
5.43

2,619
5.71

9, 125
5.00

66, 785
5.80

2,100
5.76

775
5.78

3,425
5.69

9,485
5.43

7,235
5.68

2,015
5.66

0
0
/55

0
0
0

0
0
690

0
0
2,575

0
500
1,979

0
0
9,125

0
0
66, 445

0
0
1,985

0
0
175

0
0
2,700

0
265
8,650

250
0
4,400

1,475

0
0
905

0
0
0

0
240
835

0
0
2,800

0
725
1,894

0
500
8,625

0
395
66,090

0
565
635

0
600
0

0
1,000
425

265
0
9,220

0
1,700
3,135

210
3,000
630

118. 92
95.0
29.28
41.9
18.56

116. 92
93.4
30.68
43.9
18.14

119. 96
95.8
28.44
40.7
17.93

142. 97
114.2
37.82
54.1
21.27

146. 65
117.2
44.72
63.9
23.85

156. 80
125.3
46.44
66.4
22.90

190. 59
152.3
57.87
82.7
32.48

193. 83
154.9
64.88
92.8
33.35

198. 56
158.6
68.09
97.4
35.81

193. 75
154.8
65.89
94.2
31.39

215. 74
172.4
74.97
107.2
36.38

237. 52
189. 8
84. 55
120.9
40.49

56.5
34.2
92.8

58.0
36.6
94.4

57.7
33.0
95.6

71.7
46.0
114.7

69.7
48.4
111.9

81.7
56.1
131.9

95.5
66.2
154.0

98.2
75.3
157.5

95.1
74.0
153.0

98.0
76.8
156.4

109.2
87.3
169.8

121.6
97.2
188.9

52.9

54.4

54.3

67.5

64.8

75.8

88.5

89.8

86.5

89.4

100.3

111.8

68.9
109.8

75.6
101.2

74.7
92.6

98.1
122.2

80.1
121.5

94.0
158.1

115.0
194.1

130.7
196.3

129.2
189.7

140.3
202.3

150.5
227.6

178.6
268.2

60.2

64.2

64.8

75.4

70.4

84.7

103.4

104.9

101.2

110.0

117.4

128.6

22.8
56.3
32.1
74.9

24.5
57.3
36.1
75.8

24.9
57.4
35.2
74.0

33.0
69.3
45.0
89.2

31.3
69.7
43.0
84.3

41.1
80.0
50.0
96.7

49.1
91.6
61.0
112.0

50.2
89.2
65.8
112.2

46.7
88.5
62.0
111.9

46.4
88.8
66.7
117.7

50.0
86.2
79.4
127.1

57.5
89.9
95.7
136.9

0
0

STOCKS
Stock prices, average daily closing:
25 industrials, average
dolls, per share — 115.42
92.2
25 industrials, average . - rel. to 1923-25—
26.14
25 railroads, average
dolls, per share,.
37.4
25 railroads, average
_ rel. to 1923-25
16.30
103 stocks, average
dolls, per share
Stock prices, average weekly closing:
56.8
All groups (421). . . _. _ rel. to 1926
32.1
All railroads (33)
rel. to 1926—
93.4
All utilities (37)
rel to 1926
Industrial, rails and util53. 8
ities (351)
rel. to 1926Agricultural implements
67.3
(4)
rel. to 1926105.0
Airplanes (12)
rel to 1926
Automobiles and trucks
54.5
(13)
rel. to 1926Automobile tires and
23.9
rubber goods (7)
rel. to 1926- .
57.9
Chain stores (16)
rel to 1926
29.6
Copper and brass (8)
rel. to 1926—
79.4
Food, other than meat (22) .rel. to 1926Machinery and machine
47.4
equipment (10).
rel. to 1926
Oil producing and refining
(15)
rel. to 192645.0
30.4
Railroad equipment (9).. .rel. to 1926—
Rayon (5)...
rel. to 192635.8
Steel and iron (10)
rel. to 1926- .
32.3
30.7
Textiles (28)
rel. to 1926
Theaters, motion pictures, and amusements (7)
rel. to 1926—
16.8
Tobacco and
tobacco products
(11)
rel. to 1926..
104.6
Traction,
motor
transportation
(9)....
rel. to 1926..
43.0
« Revised.




47.1

47.7

46.1

60.7

59.3

71.6

84.2

88.0

83.4

88.7

109.4

125. 1

42.4
30.7
37.4
32.2
30.6

42.9
31.0
36.9
32.1
30.7

43.9
31.0
38.8
34.0
31.0

56.7
41.5
46.0
44.6
35. 7

53.1
41.2
42.6
41.7
35.9

60.0
46.4
45.9
54.8
40.4

69.9
54.5
48.4
65.2
44.7

67.4
57.2
48.9
71.8
45.8

63.1
54.6
48.6
68.2
45.0

63.2
57.1
48.6
72.1
47.4

74.1
67.5
52.6
86.1
52.2

84.5
78.2
51.5
102. 9
58.2

17.0

17.8

15.8

27.7

28.3

37.9

43.4

44.5

44.6

44.3

61.3

76.1

99.1

98.3 i

90.6

106.2

104.7

117.5

136.9

141.0

133.5

137.3

144.3

143.8

40.0

38.9

37.2

43. 6

43.6

51.1

59.8

62.7

63.2

60.8

61.9

67. i

8

Quarter ending in month indicated.

56

SURVEY OF CURRENT BUSINESS

May, 1932

MONTHLY BUSINESS STATISTICS—Continued
Earlier data for items shown here may
be found in the 1931 Annual Supplement to the Survey

March

Febru- January
ary

Decem- Novem- October Septem- August
ber
ber
ber

July

June

May

April

March

FINANCE— Continued
Stocks and Bonds—Continued
STOCKS— Continued
Stock sales, N. Y. Stock Exchange
thous. of shares-Stock yields:
Preferred high-grade industrial
(20)
...percent-Total common (90)
._ per cent
Industrials (50) .
percent-Public utilities (20)
per cent-.
Railroads (20)
percent

33, 061

31, 719

34, 342

50,190

37, 369

47, 895

51, 140

24, 890

33, 540

58, 719

46, 661

54, 335

65, 494

7.28
7.16
7.53
5.74
9.15

7.27
8.04
8.81
6.06
8.60

7.26
8.22
8.89
6.37
9.01

7.07
8 66
9.04
6.60
12.70

6.45
7 06
7.32
5.50
9 79

6.40
7 28
7.49
5.74
10.07

6.03
6 51
6.63
5.11
9 59

5.80
5.74
5.94
4.36
8.15

5.77
5.66
5.89
4.33
7.54

5.85
5.96
6.26
4.47
7.76

5.71
5.95
6.23
4.42
7.91

5.59
5.43
5.69
4.04
7.12

5.54
4.95
5.17
3.60
6.75

215, 033
0

436

51, 073
240

1,923
400

7,133
683

52, 240
5,085

666, 840
9,660

57, 994
3, 975

44, 958
17, 054

0

New Security Issues
Bond sales, Canada:
34, 978 21, 085 47 6470
Total
thous. of dolls
200
Corporation
thous. of dolls ..
0
200
6,000
Dominion and provincial
thous. of dolls
4,000
0
10, 000
30, 212
o
Municipal
thous. of dolls
18 478
17, 435
5 085
0
0
Railways
- . _ thous. of dolls
12,500
0
Bond sales (U. S.):
Corporation48, 164
86, 331
Total
thous. of dolls
57, 344
44, 551
Class of industryIndustrial
thous. of dolls,341
150
19, 100
100
Land and build1,225
5,785
ings
thous. of dolls_1,911
2,900
o
o
o
o
Oil
thous of dolls
Public utilities
thous. of dolls. - 51, 097
53, 398
34, 901
44, 620
0
0
Railroads
_ thous. of dolls
3,425
4,950
Shipping and miso 8,048
cellaneous
thous. of dolls
571
1 700
Purpose of issue—
66 984
New capital
thous of dolls
48 247
38 863
46 664
5,688
Refunding
thous. of dolls
1,500 i 19, 347
9,097
Type of securityBonds and notes
thous. of dolls.. 54, 607
40, 738
43,745 ' 47, 463
38, 868
Stocks
thous. of dolls.4,419
2,737
3,813
Bond sales on N. Y. Stock Exchange:
Miscellaneous
thous. of dolls_. 201, 431 162, 591 218, 851 276, 780
51,281
67, 676
61,046
Liberty— Treasury
thous. of dolls
54, 794
Total .
thous. of dolls.. 252, 712 217, 385 286, 527 337, 826
Foreign governments, excl. Canada
thous. of dolls
0
0
0
0
Foreign loans in the United
0
0
0
0
States
thous. of dolls
States and municipalities:
Permanent loans
thous. of dolls_. 86, 326 22 34, 910 2 135, 154 2 49, 244
83, 142
Temporary loans _
thous. of dolls
147, 996 100,759 111,018
2

o

286
0

0
1,523

0

5,000
1,450
0

33, 650
13, 505
' 0

650, 141
7,039

25, 764
28, 254

50, 000

0

8,057
18, 097
1,750

70, 202

17, 891

176, 264

51, 997

155, 934

252, 918

250, 590

456, 678

401, 229

583

2,160

4,550

9,197

15, 439

6,350

4,850

96, 932

82,400

5,784

9,625

67, 009

51, 285
12, 550

2,000
0

42, 080
60, 000

2,650
400
27, 456
12, 295

1,651
0
136, 800
0

3,813
5 000
220, 416
16, 113

10, 415
2,000
210, 025
22, 500

7,577
4,940
305, 661
6,000

3,765
2,053
101, 393
200, 018

215, 000

33

o

0

o

833

o

0

o

4, 106

2,625

0

2,044

1,226

800

35, 568

11,600

50 123
20, 079

17 391

500

156, 381
19, 883

46, 197
5,800

115, 070
40, 864

131, 343
121, 575

169, 360
81, 230

267, 471
189, 207

269, 030
132, 199

46, 347
23, 855

14, 285
3,606

163, 399
12, 865

39, 835
12, 162

153, 814
2,120

247, 034
5,884

190, 065
60, 525

354, 969
101, 709

391, 758
9,471

199, 228
37, 389
236, 617

290, 822
56, 157
346, 979

267, 323
38, 493
305, 816

191, 035
8,675
199, 710

219, 615
8,284
227, 899

252, 585
15, 167
267, 752

221, 256
14, 431
235, 687

215, 661
12, 127
227, 788

238, 298
8,723
247, 021

0

0

0

0

0

0

0

0

0

8,000

0

23, 602

0

1,900

38, 800

69, 184

44, 303

13, 791

18, 293 2 119, 142
50, 122 104, 129

75, 618
91, 522

85, 327
45, 602

120, 336
30, 892

169, 094
24, 772

111, 386
196, 598

279,443
64, 979

Revised.




150

O

54, 322
74, 625

;U!EF

of the PEPARTHIE^T OF COMMERCE
R. P. LAMONT, Secretary of Commerce

JULIUS KLEIN, Assistant Secretary of Commerce
CLARENCE M. YOUNG, Assistant Secretary of Commerce
EPHRAIM F. MORGAN, Solicitor

Aeronautics Branch

Bureau of Navigation

CLARENCE M. YOUNG, Assistant Secretary of Commerce for Aeronautics

ARTHUR J. TYRER, Commissioner
Superintendence of commercial marine and merchant seamcij.
Supervision of registering, enrolling, licensing, numbering, etc., of vessels
under the United States flag, and the annual publication of a list of such
vessels.
Enforcement of the navigation, load-line, and steamboat inspection laws,
including imposition of fees, fines, tonnage taxes, etc.

Establishment of civil airways and maintenance of aids to air navigation;
nspection of air lines; inspection and registration of aircraft and licensing
•f airmen; enforcement of air traffic rules; investigation of accidents; rating
or ports; fostering of air commerce; scientific research in aeronautics; and
lissemination of information relating to commercial aeronautics. (Some
>f these functions are performed by special divisions of the Lighthouse
Service, the Bureau of Standards, and the Coast and Geodetic Survey.)

Bureau of the Census
WILLIAM M. STEUART, Director
Taking the decennial census of the United States, covering in 1930, population, unemployment, agriculture, irrigation, drainage, manufactures,
distribution, and mines. Taking a census of religious bodies every 10 years;
censuses of agriculture and electrical public utilities every 5 years; and a
census of manufactures every 2 years.
Compilation of statistics of wealth, public debt and taxation, including
financial statistics of local governments, every 10 years; annual compilation
of financial statistics of State and municipal governments.
Compilation annually of statistics of marriage, divorce, births, deaths, and
penal and other institutions, and weekly, of death rates in cities and automobile accidents.
Compilation quarterly or monthly of statistics on cotton, wool, leather,
and other industries; annually of forest products.

Bureau of Fisheries
HENRY O'MALLEY, Commissioner
The propagation and distribution of food fish and shellfish, in order to
prevent the depletion of the fisheries; investigations to promote conservation
of fishery resources; the development of commercial fisheries and agriculture;
study of fishery methods; improvements in merchandising and collection of
fishery statistics; administration of Alaska fisheries and fur seals; and the
protection of sponges off the coast of Florida; enforcement of the law regulating the interstate transportation of largemouth and smallmouth black bass.

Bureau of Foreign and Domestic Commerce
FREDERICK M. FEIKER, Director
The extension to American commerce and industry of definite aids for the
promotion of foreign trade, and the organized analysis and solution of
problems of domestic trade.
The maintenance of commodity divisions equipped to furnish information
concerning domestic or foreign business in principal products, and of technical divisions supplying information on various aspects of foreign trade,
including foreign commercial laws, financial conditions, customs duties,
constructive activities, economic conditions, and the names of possible
buyers and agents for American goods abroad. The carrying out, in cooperation with representative domestic business organizations, of fact-finding
studies in the fields of business planning, market research, and the costs of
distribution; providing information which will assist American business
firms to establish more efficient merchandising methods and to eliminate
many of the wastes in domestic distribution.
Compilation and publication of statistics on the trade of the United States
with foreign countries.
The dissemination of results in the Survey of Current Business, the weekly
Commerce Reports, the Commerce Yearbook, Statistical Abstract, and other
printed and mimeographed bulletins, and in confidential circulars.

Bureau of Standards
GEORGE K. BURGESS, Director
Custody, development, and construction of standards of measurement,
quality, performance, or practice; comparison of standards used by scientific
or other institutions; determination of physical constants and properties of
materials; researches and tests on materials and processes; and publication
of scientific and technical bulletins reporting results of researches and fundamental and technical data.
Facilitates use of specifications by agencies spending tax moneys, Federal,
State, and municipal; compiles for these agencies lists of producers willing
to supply commodities guaranteed to meet their specification requirements.
Collection and dissemination of information concerning building and
plumbing codes, city planning and zoning, and the financing and construction of houses.
Assistance to manufacturers, distributors, and consumers in the preparation of simplified practice recommendations reducing unnecessary variety
and sizes, and of commercial standards establishing satisfactory acceptance
criteria of commodities.

Coast and Geodetic Survey
RAYMOND S. PATTON, Director
Survey of the coasts of the United States and publication of charts for the
navigation of the adjacent waters, including Alaska, the Philippine Islands,
Hawaii, Porto Rico, the Virgin Islands, and the Canal Zone; interior control
surveys; magnetic surveys; tide and current observations; and seismologica!
investigations.
Publication of results through charts, coast pilots, tide tables, current
tables* airway maps, and special publications.

Lighthouse Service
GEORGE R. PUTNAM, Commissioner
Establishment and maintenance of lighthouses, lightships, buoys, and
other aids to water navigation, and the improvement of these aids. Establishment and maintenance of aids to navigation along civil airways.
Publication of Light Lists, and Notices to Mariners, giving information
regarding these aids to navigation.

Radio Pivlsion
W. D. TERRELL, Director
Inspection of radio stations on ships; inspection of radio stations on shore,
including broadcasting stations; licensing radio operators; assigning station
call letters; enforcing the terms of the International Radiotelegraphic
Convention; and examining and settling international radio accounts.

Steamboat Inspection Service

Bureau of mines

DICKERSON N. HOOVER, Supervising Inspector General
The inspection of merchant vessels, including boilers, hulls, and lifesaving equipment, the licensing of officers of vessels, certification of able
seamen and lifeboat men, and the investigation of violations of steamboatinspection laws.

SCOTT TURNER, Director
Technical investigations in the mining, preparation and utilization of
minerals, including the study of mine hazards and safety methods, the
health of miners, and improved methods in production and use of minerals.
Economic studies relating to uses, reserves, production, distribution,
stocks, consumption, prices, and marketing of mineral commodities and
primary products thereof.
Testing of Government fuels and management of the Government fuel
yard at Washington.
Research on helium and operation of plants producing it.

THOMAS E. ROBERTSON, Commissioner
The granting of patents and the registration of trade-marks, prints, and
labels, after technical examination and judicial proceedings.
Maintenance of library with public search room, containing copies of
foreign and United States patents and trade-marks. Recording bills of sale,
assignments, etc., relating to patents and trade-marks. Furnishing copies
of records pertaining to patents.
Publication of the weekly Official Gazette, showing the patents and trademarks issued.




United States Patent Office

Grocers^
Miscellaneous
Edibles
9.Z

This chart
Shows the percentage distribution of sales in 26 grocery stores
all carry ing meats and provisions
and fresh f ruitand vegetablesone of a hundred important findings
regarding grocery retailing revealed
by the Louisville survey,

Voductsy
10.8

Profit by these
three just-published
reports on the survey:

Fruits
and

Vegetables
10.9

\DcurL) Products,
\
157

Merchandising Characteristics
of Grocery Store Commodities
GENERAL FINDINGS AND SPECIFIC RESULTS—Describes
survey methods, analyses operating factors, notes items carried,
and gives results of corrections applied by the 26 stores. Distribution Cost Studies No. 11. Price 20 cents.
PERISHABLES—Studies sales, turnover, earnings, operating
expenses, and methods in the distribution of bakery and dairy
products, fruits and vegetables, lard and shortening, meats and
provisions, and oleomargarine. Distribution Cost Studies No. 12.
Price 20 cents.




Meats
and,
Provisions
32.6

DRY GROCERIES—Presents
dollars-and-cents comparisons
and conclusions obtained from
investigations of the factors
involved in retailing bottled
beverages, canned foods, cere-als, tobacco and products, coffee,
tea, cocoa, spices, confectionery
flour, sugar, soaps, and other
"drygroceries." Distribution
Cost Studies No. 13. Price 30
cents.
For sale by the Superintendent of
Documents, United States Govern*
ment Printing Office, Washington,
D. C., or any district office of the
United States Department
of Commerce

SI. S . G O V E R N M E N T P R I N T I N G O F F I C E : J 9 3 2