Full text of Survey of Current Business : May 1932
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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