Full text of Survey of Current Business : May 1936
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MAY 1936
SURVEY
OF
CURRENT BUSINESS
UNITED STATES
DEPARTMENT OF COMMERCE
BUREAU OF FOREIGN AND DOMESTIC COMMERCE
WASHINGTON
V O L U M E 16
NUMBER 5
1HE magnitude of the annual volume of wholesale trade conducted
in this country was not generally appreciated until the results of the
first wholesale trade census was made public. This initial canvass
covered the results of the year 1929, and a second census provided
data for the year 1933. . • . Because of the increased interest
generated in wholesaling by these census enumerations and by the
experience under the N. R. A., data have been sought on the extent
of wholesaling prior to the year 1929. Dr. Nathanael H. Engle,
Assistant Director of the Bureau of Foreign and Domestic Commerce, has estimated the volume of wholesale trade for noncensus
years. The method employed is described in the article on page 16.
A discussion of the trend of wholesale trade since 1899 is included.
UNITED STATES DEPARTMENT OF COMMERCE
DANIEL C. ROPER, Secretary
BUREAU OF FOREIGN AND DOMESTIC COMMERCE
ALEXANDER V. DYE, Director
SURVEY OF
CURRENT BUSINESS
Prepared in the
DIVISION OF ECONOMIC RESEARCH
ROY G. BLAKEY, Chief
M. JOSEPH MEEHAN, Editor
Volume 16
MAY 1936
Number 5
CONTENTS
STATISTICAL DATA—Continued
SUMMARIES AND CHARTS
Business indicators
Business situation summarized
Graphic comparison of principal data
Commodity prices
Domestic trade
Employment
Finance
Foreign trade
Real estate and construction
Transportation
Survey of individual industries:
Automobiles and rubber
Forest products
Iron and steel
Textile industries
#.
Page
2
3
4
5
6
7
8
9
10
11
SPECIAL ARTICLE
An estimate of the volume of wholesale trade in the United States,
1899-1935
12
13
14
15
16
STATISTICAL DATA
Revised series:
Construction contracts awarded, 37 States, 1935; combined index
of world prices (foodstuffs and raw materials), 1920-35; commercial failures, by divisions of industry, 1934-35; combined
index of world stocks (foodstuffs and raw materials), 192035
19, 20
Weekly business statistics through April 25
21
Monthly business statistics:
Business indexes
Commodity prices
Construction and real estate
Domestic trade
Employment conditions and wages
Finance
Foreign trade
Transportation and communications
Statistics on individual industries:
Chemicals and allied products
Electric power and gas
Foodstuffs and tobacco
Fuels and byproducts
Leather and products
Lumber and manufactures
Metals and manufactures:
Iron and steel
Machinery and apparatus
Nonferrous metals and products
Paper and printing
Rubber and products
Stone, clay, and glass products
Textile products
Transportation equipment
Canadian statistics
General index
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39
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49
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52
53
55
56
57
58
60
Inside back cover
SURVEY OF CURRENT BUSINESS
May 1936
Business Indicators
1923-25=100
INDUSTRIAL PRODUCTION
125
FACTORY EMPLOYMENT AND PAYROLLS
125
\
ys
100
100
\ _
\
75
V
75
Adjusted ®
50
50
25
25
0
M111111111
i i i I I 1 i I 1 I 111111111M
1
PAYROLLS (Unadjusted)
0
i i i i i II i I i i i i I i l i I i i i i i i i i i i I i i i i i
CONSTRUCTION CONTRACTS AWARDED
FREIGHT CAR LOADINGS
125
125
1
100
100
Vs
\
75
L.C.L. (Adjusted)^
75
\
\ \
^ .
50
EMPLOYMENT (Adjusted)*
\
\
50
TOTAL (Ac/justed)*
/
\
25
25
0
i i i I I I i i 1 I i.
M i l l .
M l .
1 1 1 | 1 | 1 1 1 1 1
TOTAL (Aq
/usted)*/
V —•
0
\
S^REStDEWTt, \L (Adjusted)
1 1 1 1 1 1 1 1 1 1 I 1I
DEPARTMENT STORE SALES
\
I i I 1 I I i i It i I i i 1 i i M i
WHOLESALE PRICES
125
12b
100
100
>
\
75
j
ALL COMMOLV T / E S
\
75
J
TOTAL
(Adjusted) 9
50
50
25
25
0
1 | | | 1 1 1 1 ! 1 10
1 I II 1 1 1 ! I11111111111
1 I
FEDERAL RESERVE MEMBER BANK L O A N S *
\
*~*~S
**^
FARM PRODUCTS
1 I1 1 1 1 I1 II I
I i I I I 1 M I I ii i i i i 1 I 1 i i 1
BANK DEBITS OUTSIDE NEW YORK CITY
I50f
\
125
\
100
J
I {I I I I
1934
1935
* ADJUSTED FOR SEASONAL VA.RfAT/ON
1936
V
V>
50
i929'30'3!'32'33
V
\
75
o]
111I I I 111 II i 1
1 !I II I | 1 I I 1
1 1 1 ! 1 1 1i II
1929'30'3! '32'33
^REPORTING MEMBER
BANKS
1934
1935
1936
D.D.
6'639
J.M.
SURVEY OF CURRENT BUSINESS
May 1930
Business Situation Summarized
seasonally adjusted index of department store sales rose
10 percent from February to March; rural sales of genmanufacturing output has been accompanied by gains eral merchandise and new passenger automobile sales
in factory employment and pay rolls. Expansion has were up 15 percent and 12 percent, respectively, on
been pronounced in the durable goods industries, with the same basis of comparison.
construction activity making noteworthy progress.
An increase in employment and pay rolls in March
The volume of construction, however, still remains low. of slightly more-than-seasonal proportions was revealed
Production of steel ingots, which increased seasonally by the usual monthly survey of the Department of
in March despite the hampering influences of the Labor, and further increases have probably occurred
floods, has advanced rapidly during April to reach a during April. While both the number at work and the
level approximating 88 percent of the 1929 average. volume of pay rolls are higher than a year ago, progress
This improvement, as pointed oat on page 14, has been in reabsorbing the unemployed into industrial and
based on the expansion in production which has oc- other occupations is slow, necessitating continued heavy
curred in a wide range of metal-consuming industries. expenditures by the Government for relief.
Automobile production has increased steadily and sub- Cash income received from farm marketings in March
stantially through April, while the output of cement, was higher than that realized in February on a seasonlumber, and allied building materials has been stim- ally adjusted basis. For the first quarter the increase
ulated by the increasing volume of construction. in cash income from farm marketings over that of the
Production in the textile and other industries producing same period of 1935 amounted to 18 percent.
consumers' goods has not changed materially, being
Stock prices have moved irregularly lower during
maintained at a relatively high rate. The only major April, notwithstanding the generally favorable first
industry recording a marked reduction in output since quarter earnings statements and the improved trend
February has been the coal mining industry.
of business activity. Corporation refunding operaReports for March and the first part of April record tions proceeded on a large scale during April, with the
a sharp increase in the value of retail trade. The financing resulting in an important saving of interest
major monthly indexes of sales for March all showed charges for the corporations and in a corresponding
unusually large gains for this period of the year. The reduction in the income of bondholders.
has moved forward over a broad front
BUSINESS
this spring. The more-than-seasonal increase in
MONTHLY BUSINESS INDEXES
Factory emFreightployment
and pay rolls car loadings
MerchanTotal dise,
I.c.1.
Industrial production
Unadjusted 1
Adjusted '
Retail sales
value,
adjusted
Foreign
trade, value,
adjusted 2
Cash farm
income 3
I
§5
!#
Tear and month
is
3
I
1929-31
= 100
M o n t h l y average, 1923-25=100
1929: March
1930: March.
1931: March
1932: March . .
1933: March
1934: March
.
1935:
March
April
May
June
July
August
September
October
November
December
1936:
January
February _
March _'
First quarter a^er
1934
1935
1936- -
124
106
89
08
60
87
126
109
91
66
58
86
101
91
82
78
74
91
91
89
87
86
83
87
90
97
97
91
91
90
87
84
88
83
87
89
98
98
79
97
84
85
96
92
100
95
96
95
94
99
100
106
88
81
90
96
89
118
103
87
67
59
84
86
85
86
86
87
90
95 |
98 !
104
120
104
87
64
56
82
109
98
89
85
81
100
104.0
96.8
81.0
68.4
58.9
81.1
86
86
84
82.7
82.4
81.4
80.1
80.6
81.8
81.9
83.7
84.8
85.6
70.8
70.8 |
91
95
98
104
97
87
89
98
84
81
87
93
92
101
97
93
94
103
ioy
94
91 !
98 !
i Adjusted for number of working days.
111.6
98. 8
75.6
53. 1
37. 1
105
96
80
61
50
06
105
100
fA
s
1
Monthly
average,
1924-29-100
Monthly
average,
1926=100
26
14
33
86.5 102.5
76.0 87.5
60.0 69. 5
43.0 51. 5
33.0 38.0
49.0 58.5
96.1
90.2
76.0
66.0
60.2
73.7
80.1
83.9
78.8
76.1
85.4
84.6
94.7
26
27
27
30
35
38
43
48
60
67
51.0
55.5
57.0
52.0
53.5
64.5
75.5
94.0
78.0
70.5
60.0
69.0
64.0
60.0
60.5
62.5
63.5
67.0
66.5
66.0
79.4
80.1
80.2
79.8
79.4
80. 5
80.7
80. 5
80.6
80.9
Monthly average, 1923-25=100
112 138.8
107 107. 1
<.S I s M
65 6
li i 47. 5
79 6
128
96
62
40
28
50
97.4
101.0
03 1
qo 7
48
45
46
50
52
49
50
4.8
116
84
59
37
26
44
•5
142.4
126.6 !
121
102
98.4 i
69.6
48.7
71.4
69.7
72.2
75.0
74.5
76. 6
65
61
61
63
58
60
62
64
66
71
62 "
66
64
63
63
64
64
64
65
64
64
66
84.9
83.9
84.3
72.2
72. 3
75.7
70
70
6G
64
62
62
79
90. ?,
80
<<3 0
Sb 106.7
51
53
51
55 !|
88.7
80.0
90.6
61
52
47
66.0 68.0
55. 0 65. 5
60.5 69.0
80.6
80.6
79.6
77.4
80.9
83.5
59.8
68.0
73.4
61
(10
63
66
03
61
03 i 71.0
46
46
50
44
51
60
60.0
74.1
86.4
|
37 i
24 |
47 |
48.7 L_.._.
50. 5 I
60.5 I
79 2
80.3
1
64.7
68.5
66.4
65.4
u~ o
02 h
101 8
104 6
10J 7
100 8
(.9
Adjusted for seasonal variation.
87.' 8
49
49
52
62
56
79.9
78.3
78.9
* From marketings of farm products.
SURVEY OF CURRENT BUSINESS
May 1936
Graphic Comparison of Principal Data
FIRST 3 MONTHS
Y/////A
REMAINDER OF YEAR
BANK DEBITS OUTSIDE NEW YORK CITY — (BILLIONS OF DOLLARS)
0
1936
1935
1934
50
100
1
i
1933 b a n g •V/V/ V7777
150
t
200
300
250
'// / A
1
I
I929J1IIBIMI1I
IP'//
3
////////
1
CONSTRUCTION CONTRACTS AWARDED — (B/LL/0/VS OF DOLLARS)
/////A
STEEL INGOT PRODUCTION —- (MILLIONS OFTONS)
10
0
19 36
1935
20
30
40
50
—
1934
1 9 32
19 29
///////
///////
'///A
AUTOMOBILE PRODUCTION- -(MILLIONS OF CARS)
0
pa
'
.
3
4
-
5
19 36 ^ B M H
////\
// //A
I 933
1 932
1929
FREIGHT CAR LOADINGS — (MILLIONS OF CARS)
0
19 36
19 35 —
19 34
1933
1932
1929
20
10
30
40
50
-
' / /A
HHfflH
/////////
\
// /
1
L
L
V////////A
D.D. 6638 JM.
SURVEY OF CURRENT BUSINESS
May 1936
Commodity Prices
ITH two minor exceptions, every price index The weekly index of meat prices advanced by more than
W
regularly tabulated in connection with this 3 percent through March and the first 3 weeks of April,
monthly article was lower for March than for the thus halting the sharp decline extending from Septempreceding month (see table below). The largest rela- ber through February. The weekly index of grains
tive declines from February, in order of size, occurred declined 9 percent through the 6-week period ended
in the indexes for foods, farm products, hides and April 11, but reacted sharply upward after the Deleather, and chemicals and drugs. The combined partment of Agriculture published its crop estimates
index for the 784 commodity price series of the Bureau on April 10. Among industrial raw materials perhaps
of Labor Statistics fell to 79.6 as compared with 80.6 the most important recent change has been the adfor the preceding month and 79.4 for March 1935. vance of copper to the uniform price of 9l/2 cents. Silk
This 1-month decline of 1.2 percent was the largest and wool prices have declined somewhat.
since October 1934 and was the first significant moveThe combined monthly index of wholesale prices
ment in a period of 8 months. As compared with a averaged higher in the first quarter of 1936 than in
year previous, the March index of finished products the corresponding quarters of 1935, 1934, and 1933 by
was down 0.5 percent, but the indexes of raw materials 1.4 percent, 9.7 percent, and 33.2 percent, respectively.
and semimanufactures were up 1 percent and 3.6 Primarily because of lower food prices, the cost-ofpercent, respectively.
living index of the National Industrial Conference
The weekly index of wholesale prices reached its Board declined 0.4 percent from February to March,
recent low point of 79.2 in the week ended March 14 though rents continued their steady upward trend.
and again in the week ended April 4, but reacted up- Mostly as a result of slightly lower quotations for
ward to 79.7 for the week ended April 18, the latest piece goods and home furnishings, Fairchild's index of
for which data are available at this writing. The group retail prices of department-store articles declined from
components which have risen most in April are house 88.3 on March 1 to 88.1 April 1, the first decline
furnishings, fuel and lighting, foods, and farm products. since last July.
INDEXES OF COMMODITY PRICES
Wholesale Prices (Department of Labor)
Economic classes
Retail Prices
T3
Groups and subgroups
SI
•aS
n
House -f u
goo
Other
produc
Year and month
Is
and
oduct
g«
Dec.
Mo.
Mo.
Mo.
1930
average average average (Jan.
1923= 1909-14 1923-25 1931)=-1
= 100
100
= 100
100
Monthly average, 1926=100
1929: March
1930: March
1931: March
1932: March
1933: March
1934: March
1935:
March
April
-_May
June
July
August
September
October
November
December
1936:
January. _
February
March
First quarter average:
1934
1935
1936
8
fj
96.1
90.2
76.0
66.0
60.2
73.7
94.8
90.9
79.6
71.5
65.7
77.2
99.0
89.3
69.5
56.1
49.4
65.9
96.1
88.1
72.9
60.8
56.9
74.3
107. 2
94.7
70.6
50.2
42.8
61.3
98.8
83.5
59.3
43.5
36.0
62.3
98.3
94.3
77.6
62.3
54.6
67.3
108.5
104.2
82.0
61.4
50.5
56.5
92.1
88.2
77.2
70.9
65.8
78.5
96.7
93.9
82.5
73.2
70.3
86.4
95.3
91.4
82.9
75.3
71.2
75.7
82.1
79.4
68.3
67.9
62.9
71.4
108.2
103.2
87.6
77.3
68.1
88.7
93.8
93.5
88.0
77.1
72.2
81.4
102.3
96.6
86.4
80.8
77.2
87.1
92.4
84.8
70.0
58.0
51.3
76.5
82.4
80.9
72.0
64.7
58.9
69.3
99.3
97.8
89.1
79.6
71
146
135
97
69
55
84
101.
102.0
85.1
70.7
59.8
72.8
95.4
79.2
69.7
79.4
80.1
80.2
79.8
79.4
80.5
80.7
80.5
80.6
80.9
81.7
82.3
82.4
82.2
82.0
83.0
83.1
82.7
82.7
83.1
76.6
77.5
77.6
76.4
75.8
77.1
77.3
77.1
77.2
77.7
71.8
72.3
73.5
73.9
72.8
73.2
74.4
76.3
76.2
75.2
78.3
80.4
80.6
78.3
77.1
79.3
79.5
78.2
77.5
78.3
82.8
87.9
83.2
76.9
78.3
79.3
83.5
86.4
77.9
76.6
81.9
84.5
84.1
82.8
82.1
84.9
86.1
85.0
85.1
85.7
91.6
94.3
97.0
94.5
93.3
102.0
102.9
97.1
94.3
97.5
77.3
77.2
77.6
78.0
78.0
77.9
77.8
78.3
78.8
78.7
84.9
84.6
84.8
85.3
85.2
85.4
85.9
86.1
85.8
85.5
81.5
81.0
81.2
80.7
78.7
78.6
80.2
81.1
81.2
80.6
73.0
72.8
73.1
74.2
74.7
74.1
73.0
73.4
74.5
74.6
85.4
86.3
88.3
88.9
89.3
89.6
90.9
93.6
95.0
95.4
80.7
80.7
80.6
80.5
80.4
80.5
80.5
80.6
81.0
81.0
85.7
85.9
86.6
86.9
86.4
86.6
86.6
86.5
86.9
86.8
69.4
69.2
69.4
70.1
70.2
70.9
71.8
72.9
73.4
73.2
69.2
68.7
68.7
68.4
67.7
67.3
67.1
67.5
67.4
67.5
82.4
83.2
82.9
82.7
82.6
83.0
83.5
83.9
84.3
84.8
108
111
108
104
102
106
107
109
108
110
79.7
81.3
81.4
81.5
80.2
79.6
80.1
80.5
81.5
82.0
86.3
86.3
86.1
85.7
85.2
85.7
86.6
87.6
88.0
88.2
80.6
80.6
79.6
82.4
82.2
81.3
78.1
79.1
77.4
74.8 78.2
74.6 79.5
UA
76.5
78.9 83.5 94.9 78.8 85.7 80.5 75.1 97.1 81.4 86.7 71.7 67.8
78.3 83.3 92.1 79.0 85.5 80.1 76.1 96.1 81.5 86.7 71.0 68.1
75.6 80.1 89.7 78.9 85.3 79.3 76.2 94.9 81.4 86.6 70.8 68.3
84.8
84.4
84.1
109
109
104
81.7
80.6
79.5
88.3
88.3
88.1
73.2
79.2
80.3
76.7
81.3
82.0
65.3
76.9
78.2
73.7
71.6
74.6
78.5 86.4 75.2 72.3 89.3 81.1 86.5 76.6
77.5 84.9 80.4 72.8 85.9 80.9 85.8 69.9 70.0
78.9 85.5 80.0 75.8 96.0 81.4 86.7 71.2 68.1
78.1
82.1
84.4
81
109
107
71.9
79.0
80.6
89.2
86.6
88.2
i Revised. See p. 20 of the November 1934 issue.
60.4 63.1 66.1 52.9
78.3 86.3 81.5 87.0
78.1 77.6 82.3 92.2
2
Middle of month. This is a new series. See p. 23.
3
Index is for 1st of following month.
6
SURVEY OF CURRENT BUSINESS
May 1936
Domestic Trade
in consumer purchasing power
IMPROVEMENT
this year has been reflected in an unusually large
still larger increase, the adjusted figure advancing from
93 in February to 106.7 in March. Variety-store sales
also increased by more than is usual for this period,
while the expansion in retail sales of new passenger
automobiles was exceptionally large.
As a result of the favorable record in March, total
sales for the first quarter made a better showing than
was anticipated earlier in the quarter, when adverse
weather conditions were cutting down the volume of
trade. The weighted average increase in sales in the
first quarter, in comparison with that of the comparable
period of 1935, was 6 percent for the lines of business
for which current indexes are available. This gain is
inclusive of new passenger car sales.
The larger volume of sales, improving profits, and
easier credit conditions have been reflected in the trend
of the statistics on commercial failures. The data on
this subject given in the table below appear for the first
time and represent a revision of the data by Dun and
Bradstreet's to exclude certain classes of failures (realestate and insurance brokers, holding andfinancecompanies, shipping agents, tourist companies, etc.) and to
regroup certain other classes. Revised data for the
years 1934 and 1935, which will provide a link between
the old and the new series, appear on page 20 of this
issue. A complete tabulation for the 2 years and a
more adequate explanation of the change will be found
in the Dun & Bradstreet Monthly Review of March
expansion of retail sales during the pre-Easter period.
The gains experienced in March, despite the adverse
influences of floods in various eastern regions, reversed
the moderate reactionary trend prevailing during the
first 2 months of the year, when unfavorable weather
conditions tended to restrict the volume of sales.
Contributing to the enhancement of purchasing
power during the first quarter in comparison with that
of a year ago have been the further gains in industrial
pay rolls, the upward trend of farm income, larger dividends, and the continuing effects of large Government
expenditures for relief. Government disbursements
will soon be augmented by the payment of the adjusted
service compensation certificates through the issuance
of bonds immediately convertible into cash at the
option of the holder., Some purchases may have been
made already by beneficiaries anticipating the cashing
of bonus bonds, but the major stimulation to retail
sales from this source may be expected to come later.
Retail sales during March increased by considerably
more than the usual seasonal amount in both urban
and rural areas. The index of department-store sales,
corrected for seasonal movements and the shifting date
of Easter, recorded the unusually wide advance of 8
points (or 10 percent) from February to March. Increases were well distributed geographically. The
index of rural sales of general merchandise showed a 1936.
DOMESTIC TRADE STATISTICS
Wholesale
trade
Retail trade
Department stores
Year and month
Sales
Chain-store sales
Stocks 3
Unad- Adjust- justed 2
ed i
Unad- Adjust- justed 1
ed 2
M o n t h l y average, 1923-25 = 100
1929: March
1930: March
1931: March
1932: March
1933: March
1934: March
1935:
March
April
..
May
June
July
August
September
October
No vein her
December
1936:
January
February
March
First quarter, average:
1934
1935
1936
92
69
50
73
71
79
76
76
55
61
86
86
91
145
82
73
76
80
80
78
81
102 ;
100 •
ii
!;
;;
:!
|j
sii
79
SO
S8
69 I
2
Si
70
54
65
' Avg. same
mo. 192931 = 100
84
76
91
99. 0
Kf). 4
84. 5
79.3
64.7
105. 3
102.8
96. 1
84.4
75. 2
94.8
78.1
92.9
86.0
86.1
82.0
79.3
87.7
93.4
95.1
178.4
93.0
90.6
86.0
90.7
92.1
89.6
91.8
92.0
93.7
96.7
90.8
87.9
93.2
!
;
|
96
92 !
96 !
96
98
98
100
100
103
58 !
62
67
66
65
65
97
99
101
67.7
73.5
80.1
90
95
76.8
73.7
73.8
66
66
61
57
60
67
72
75
61
|
j
I
96 !
Adjusted for seasonal variations.
Employment
129.0
99.6
79.2
61.0
44.2
74.0
138. 8
107.1
85. 1
65. 6
47.5
79.6
168. S
122.5
79.9
38.4
32.5
68.4
153.5
113. 5
74.0
36.0
30.5
64.5
97.3
97.6
86. 7
78.6
71.3
81.8
97.0
87.6
94.2
74.7
79.8
103.7
127.6
127.6
155.9
97.4
101.0
93.1
99.7
97.0
92.8
104.8
104.6
103.7
109.8
100.2
116.7
98.4
104.9
89.1
80.2
50.1
53.3
96.6
90.6
94.5
78.5
70.0
78.5
81.0
75.0
79.0
82.0
113.5
106.5
84.0
83.2
82.5
82.1
82.1
82.7
83.7
85.7
86.4
96.3
93.0
106.7
69.3
65.5
116.9
102.0
89.5
100.5
79.9
84.2
71.0
81.7
87.8
E n d of m o n t h .
45.6
74.8
83.9 !
Pay
rolls
Monthly average, 1929=100
M o n t h l y average, 1929-31 = 100
63
64
64
63
61
62
64
66
67
65
\[
84 ||
i Corrected to daily average basis<
5
Series revised. See p . —.
112
107
98
73
57
Combined
index
(18 c o m panies) *
Rural sales
New passenGeneral
mer- ger-car sales
Variety stores
chandise
Unad- Ad- Unad- Ad- Unad- Adjust- just- just- just- just- justed 2
ed i
ed 2 ed i
ed 2 ed i
Commercial
failures»
85.0
85.8
81.2
84.3
85. 5
Failures
Liabilities
Num- Thouber ofsands
dolls.
98.5
99.4
68. 8
53. 5
62.0
1, 069
24, 002
65.2
64.8
64.6
64.6
64.6
64.8
67.2
66.8
66.9
68.6
940
1,083
1,004
944
902
884
787
1, 056
898
910
15, 361
16, 529
14, 339
12,918
16, 523
13, 266
17,002
17,185
14,384
15, 686
66.6
1,077
856
946
18,104
14, 089
16,271
61.1
64.6
67.5
1,134
1,014
23, 270
15, 060
16,155
* See note on p. 26 of the Nov. 1934 issue.
SURVEY OF CURRENT BUSINESS
May 1936
Employment
ID-MARCH|employment and pay-roll totals in ployment in the non-durable-goods industries dropped
M
the reporting industries were above those of mid- below the corresponding month in 1935.
February and were also higher than those of March
Among the gains shown by individual manufactur1935. A further increase in April is indicated by the
trend of the available weekly indicators of business
activity.
According to the regular monthly survey of the
Bureau of Labor Statistics, about 225,000 more workers were employed in March than in February in the
industries covered by the Bureau's sample data. Of
these, 83,000 were absorbed by factories, and the remainder by nonmanufacturing establishments. Among
the 90 manufacturing industries from which representative samples were taken, 66 employed more workers
and 78 paid larger amounts in wages. The net gain
in factory employment was slightly larger than that
usually experienced at this season of the year and the
adjusted index advanced 0.4 of a point to 84.3 percent
of the 1923-25 average. At this level factory employment, on a seasonally adjusted basis, was still below
that of the November-January period, but was above
all earlier months of 1935.
In the industries manufacturing durable goods, employment was 1.6 percent higher in March than in
February and 6.8 percent above March 1935. Employment in the non-durable-goods industries was
above the February level by 0.9 percent, but was
below that of March 1935 by about twice that amount.
March was the third consecutive month in which em-
ing industries between February and March, the most
noteworthy were those reported by lines allied to
building construction. Reflecting sharp seasonal expansion in the demand for building materials, the
marble, slate, and granite industry increased the
number of workers on its pay rolls by 22 percent.
Gains were also reported for industries producing
cement, brick, tile and terra cotta, structural steel,
and lumber. In the agricultural implement and machine-tool industries employment was at the highest
level since 1930. The only large decline in employment reported for the month was in the automobile
tire and tube industry, where labor difficulties resulted
in temporary plant shut-downs.
Among the 16 nonmanufacturing industries, the
largest relative increase in employment from February
to March (29 percent) was reported by the building
industry. The various lines of retail and wholesale
trade also showed an employment gain, as is customary
at this season. The five declines reported were all
slight, with the exception of that for anthracite mining,
where production dropped sharply following the unusually high level reached in February. In bituminous
coal mining reduced operations were reflected in the
sharp drop in pay rolls; the number employed remained
about the same in this industry as in February.
STATISTICS OF EMPLOYMENT, PAY ROLLS, AND WAGES
Factory employment
and pay rolls
Employment
Year and
month
Pay
rolls
Unad- Ad- Unadjusted justed* justed
Nonmanufacturing employment and pay rolls
(Department of Labor)
Anthracite
mining
Bituminous
coal mining
Electric light |
and power I
and manu- !
factured gas
Employment
Employment
Employment
Pay
rolls
Monthly average,
March
First quarter,
average:
1934
1935
1936
Pay
roils
Retail trade
graph
Em- |
ploy- | Pay
ment | rolls
nlov"- I
ment I
Pa
*
rolls
Monthly average, 1929=100
1923-25=100
1929: March. _____
1930: March
1931: March
1932: March
1933: March
1934: March
1935:
March
April
May
June
July...
.._
August
September
October
November
December
1936:
January
February
Pay
rolls
Wages
TradeUnion I!
Factory *
mem- j
bersem-ji
ployed
j Average Average
weekly hourly
earnings earnings
Common
labor
rates•
Percent i
of total !
members 1 j
Cents
per
hour
104. 1
96.9
80.7
68.4
58.8
80.9
104. 0
96.8
81.0
68.4
58. 9
81. 1
111.6
98. 8
75.6
53. 1
37. 1
64. 7
98.0
82. 6
82.0
73.7
54. fi
67. 5
90. 8
78. 5
71.3
61.2
48.8
82.4
106. 8
98. 6
88.8
75.2
67.6
77.8
108. 6
86.4
65. 2
46. 8
30.7
58.9
92. 8
99.7
96.7
85.5
76. 9
81.7
94.5 I
102.1 I
102.4 I
85.4 !
71.9 j
75.6 |
96.5
99.4
88.6
81. 7
73! 2
70.0
98.7
105. 8
97.9
88.2
71.6
70. 4
97.4
96.6
89.2
78.6
68.9
81.5
97.3
97.0
86.4
68.5
49. 0
59. 8
82.5
82.6
81.2
79.7
79.7
82.0
83.7
85.3
85.0
84.6
82.7
82.4
81.4
80.1
80.6
81.8
81.9
83.7
84.8
85.6
70.8
70.8
68.5
66.4
65.4
69.7
72.2
75.0
74.5
76.6
51.4
52.6
53.5
56.8
49.4
38.7
46.0
58.8
46.6
57.3
38.9
49.9
49.5
66.0
37.5
28.3
38.2
55.9
28.4
55.4
81.6
74.3
75.3
77.9
70.0
73.4
77.1
74.3
76.1
79.1
67.5
45.0
49.1
64.7
35.9
45.8
60.1
69.8
65.5
69.5
82.3
82.6
83.3
83.9
84.8
86.8
86.9
87.4
87.6
86.8
79.4 !
79.0 j
79.8 I
79.8
81.5
82.8
84.5
84.4
83.4
86.0
69.8
69.7
70.0
70.2
70.3
70.5
70.4
70.0
69.8
69.6 i
75.3
73.1
73.7
74.4
75.7
75.5
73.8
74.9
74.9
75.6
80.2
83.5
82.2
82.2
79.3
78.0
81.8
83.8
84.6
92.9
60.4
62.5
62.0
62.5
60. 5
59. 3
62.5
63.2
63.4
69. 3
83.0
83. 2
84.2
84.9
83. 9
84.3
72.2
72.3
75.7
59.1
61.2
52.5
54.4
76. 7
42.6
79.8
80.2
80. i
70.6
78.5
70.1
86.1
86.1
86.9
84.8
84.7
88.5
70.1 i
69.9
70.2
75.0
76.2
77.2
80.4
80.0
81.7
62.1 !
61.6 \
63.5
7S
78 !
59.8
68.1
73.4
64.9
59.6
57.6
73.8
53.6
57.9
76.6
80.9
80.1
54.9
64.4
73.1
81.7
82.4
86.4
74.6
78.6
86.0
70.0
70.1
70.1
69.1
74.0
76.1
80.3
79.6
80.7
59. 2
59.8
62.4
80.9
83.5
1 Adjusted for seasonal variation.
'National Industrial Conference Board.
Dollars
28. 83
27. 31
24. 13
18. 59
14.53
20. 53
0. 587
. 591
. 575
.522
. 459
. 563
37
39
37
34
32
42
21.86
21.93
21.76
21. 46
21.75
22.32
22.58
23.12
23.31
23.47
.597
. 598
. 599
. 599
.598
.601
.601
.602
.604
.605
39
40
41
42
42
42
42
42
42
41
78
23. 09
23.09
23.18
.600
.606
.609
40
38
37
74
76
78
19. 73
21.85
23.12
.558
.595
.605
39
39
33
74 ;
70 ;
66
79
77
73
76
80
80
80
77 |
»Road building.
8
SUEVEY OF CURRENT BUSINESS
May 1936
Finance
conditions during April have
MONEY-MARKET
been influenced largely by the Treasury operations. Whereas excess member-bank reserves had
experienced a sharp decline during March, the disbursement of Treasury funds during April exerted a direct
influence on the rise in these excess reserves from
$2,314,000,000 at the beginning of April to $2,640,000,000 on the 22d of the month. Among other factors
influencing this upward trend was the continued flow
of gold—although on a much reduced scale—which is
reflected in the rise in monetary gold stocks from
$10,173,000,000 to $10,209,000,000 during the 5 weeks
ended April 22. The total volume of Federal Reserve
bank credit has undergone no appreciable change.
After a sharp rise during the first half of March and
a slight drop late in the month, total loans and investments of reporting member banks have resumed a
gradual upward trend during April. The net gain of
$161,000,000 from the middle of March to the middle of
April included a growth of commercial loans (by the
same banks) of approximately $97,000,000. The shift
of funds from Treasury balances with the Federal
Reserve banks to member banks, as a result of Government disbursements, together with the increase in
commercial loans, was a primary factor in the increase
of $317,000,000 in total reporting-member-bank deposits during the same period.
After evidences of technical weakness early in April,
the stock market tended to firm toward the middle of
the month, but prices again declined in the week ended
April 25. During the first half of April the general
stock-price averages advanced to within a few points
of their high levels for the year. The more familiar
indexes, however, do not reflect certain rather unusual
tendencies. While selected groups of stocks whose
movements are covered by the better-known averages
advanced, the second- and third-rate issues remained
weak, probably because of an over-bought position in
these issues.
The reactionary movement in the stock market has
occurred despite the favorable tenor of reports on current business activity and corporate earnings. Such
corporation reports covering the first quarter as have
been made public this month, in general, show substantial gains over a year ago in both sales and profits.
Dividend increases have also been prominent in the
news, and Moody's index of dividends paid by 600 leading corporations has advanced during each month of
the first quarter as well as in each month of the second
half of 1935.
Bond prices have shown no decided changes during
the March-April period. The market for high-grade
issues remained firm throughout March despite the
large amount of new Treasury issues and the sharp
decline in excess member-bank reserves during part of
that month.
Reflecting a continuation of financial unsettlement
abroad, the regents of the Bank of France on March 28
raised the rediscount rate from ?>}{ percent to 5 percent.
Recent foreign developments have been accompanied
by a steady decline in the deposits of foreign banks
with the reporting member banks.
FINANCIAL STATISTICS
Bank
debits
outside
Year and month
New
York
City
Reporting member
banks,
Wednesday
closest to end of
month *
Loans
Ail
on
securi- other
loans
ties
Federal
Reserve
bank
credit
outstandIning,
vestend of
ments month
Net
Total
gold
bankimers' acports
ceptMoney
inances cluding
in
outcircugold
stand- released lation
from
end of
ear- 2
month mark
Savings
deposits
New
York
State
Postal
Savings
189.1
172.4
121.6
56.8
43.2
77.1
1926 = 100
Millions of dollars
1929:
1930:
1931:
1932:
1933:
1934:
1935:
1936:
March
March
March
March
March
March
March
April-May
June
July
August
September
October
November
December
7,516
8,244
7,256
5,328
3,779
3, 704
3,102
3,219
3,156
3, 208
3,076
3,009
3,095
3,006
3,108
3,274
4,982
4,936
4,955
4,829
4, 735
4,808
4,935
4,896
5,044
4,975
January
February
March
3,128
3, 117
3,313
4.871
4,842
5,079
1
9,068
8, 669
8,126
6,883
4,935
4,965
Stock
prices
(421)
Standard
Statistics
Bond
prices,
New
York
New
Stock capital
Exissues
change
(domestic)
Thous.
Dollars of dollars
95.81 772, 210
98.53 658,473
96.40 553,104
80.57 162,442
16,517
78.58
99,315
91.09
Average
Interest
divirates,
dend
comper
mercial
share
paper
(600
(4-6
com- months)
panies)
Dollars
1, 536
1,149
990
1,597
2, 593
2, 545
1,205
1,539
1,467
911
671
685
32.3
70.5
28.6
33.6
-113.3
237.4
4,709
4,432
4,590
5,531
6,998
5,368
4,466
4,509
5,018
5,293
5,220
5,076
155
170
303
706
1,114
1, 200
11, 709
11,804
11, 676
11,791
12, 034
12, 022
12, 390
12, 476
12, 480
12, 646
2,471
2,468
2,469
2,480
2,465
2,485
2,477
2,482
2,480
2,486
466
413
375
343
321
322
328
363
387
397
12.3
146.3
138.5
231.4
15.8
47.8
157.7
313.5
211.1
191.3
5,477
5,500
5,507
5,522
5, 550
5,576
5,651
5,704
5,770
5,897
5,185
5,158
5,152
5,187
5,161
5,152
5,179
5,161
5,154
5,187
1,203
1,200
1,205
1,205
1,189
1,192
1.192
1,196
1,199
1,201
67.5
73.1
76.0
79.4
83.3
85.0
86.1
94.2
95.7
91.79
92.95
92.81
93.94
94.12
93.07
92.65
92.84
93.69
94.47
105, 023
89, 508
81,764
55, 457
127,127
148, 210
172, 745
148,462
119,794
221, 207
1.29
1.29
1.29
1.29
1.30
1.33
1.34
1.35
1.40
1.41
12, 996
13,047
13,229
2,479
2,482
2,473
384
43.9
377 ! -26.1
359
6.4
5,177
5,757
5,779
5,177
5,857 1i 5.204
1,208
1,214
1,216
101.7
106.7
108.7
96.16
97.22
97.26
115,253
106,739
129,527
1.42
1.45
1.46
5,978 1
5,719
7,551
7,143
7,897
9,868
Series on 101 cities resumed, superseding data on 91 cities.
2
Net exports indicated by (—).
3.06
2.54
1.67
1.11
1.16
Percent
2H
3^-3%
13^4^
9
SUKVEY OF CURRENT BUSINESS
May 1936
Foreign Trade
increased 7 percent and imports 3 per- smaller quantity. Imports of competitive farm proEXPORTS
cent in value in March, compared with February, ducts were approximately 4 million dollars less in value,
indicating that the abnormal imports occa doned by the
and for the second successive month imports of merchandise exceeded domestic exports. Trade in both
directions was higher than in March 1935.
Roughly, half of the increase in the value of exports
in March as compared with March 1935 was in agricultural products, including unmanufactured cotton,
fodders and feeds, vegetables and vegetable preparations, apples, and canned fruits. Although exports of
lard were valued at slightly more, the exports of other
edible animal products combined declined substantially.
Other important commodities showing increases in
value included industrial and agricultural machinery,
iron and steel semimanufactures, electric household
refrigerators, fertilizers, and semimanufactured and finished cotton goods. Among the few commodities to be
exported in much smaller dollar amounts than in March
1935 were fish, motor fuel, steel-mill manufactures, and
copper. Exports of passenger automobiles and trucks
were slightly larger in value than in March of last year,
but the exports of automobile parts and accessories
declined.
The increase in the value of imports in March over
those of a year ago resulted chiefly from larger imports
of sugar, beverages, hides and skins, undressed furs,
paper base stocks, newsprint, textile fibers, and textile
manufactures. Raw silk was the only commodity
of the textile group to be imported in substantially
smaller domestic supplies last year are gradually diminishing.
Domestic exports for the first quarter of the year were
$52,000,000, or approximately 10 percent, larger in
value than in the first quarter of 1935. Imports for
consumption were $74,000,000, or 15 percent, larger in
value than in the corresponding period last year. In
terms of quantity, exports increased 9 percent and imports 11 percent.
The first quarter figures when compared with the
corresponding period of last year, show a continuation
of the expansion in exports of manufactured articles,
with exports of agricultural products also reaching a
somewhat higher level. Exports of fruits, oilcake and
oilcake meal, raw cotton, and leaf tobacco have increased considerably, but exports of meats, and animal
fats were much smaller.
In the first quarter of 1936, imports of grains, feeds,
tallow, and dairy products showed a decline of 9 million dollars, while vegetable oils, oilseeds, and animal
products increased 12 million dollars when compared
with the corresponding totals for 1935. Combined imports of tropical foods, tobacco, beverages, raw materials, and finished manufactures increased approximately 72 million dollars.
EXPORTS AND IMPORTS
Year and month
Value
of
total
exports,
adjusted 1
ExValue ports,
inof
total cluding
imreexports, ports
ad- 1
justed
Finished
manufactures
Crude
materials
Total
Total
Raw
cotton
Food- Semistuffs, mantotal ufactures
Monthly average, 1923-25=100
1929: M a r c h 1930: March
1931: March
1932: March
1933: March
1934: March
1935:
March
April
May
June
July
.
August
September
October
November
December
1936:
January
February
March
Cumulative, first quarter:
1934
1935
1936
1
Imports 2
Exports of United States merchandise
Indexes
Total
AutomoMa- biles,
chin- parts
ery
and
accessories
20.6
383. 8
300.5
210.2
131.2
94.9
153.4
138.6
101.7
64.6
36.0
23.6
45. 2
93. 3
67.1
56.6
42.4
33.6
48.7
70. 5
62.7
39.8
20.0
14.7
29.6
81.4
69.0
49.2
32.8
22.9
29.9
23.7
22.8
22.2
20.6
23.3
23.9
20.5
23.5
25.5
22.5
25.0
22.0
18.6
20.1
19.4
15.7
13.3
14.1
21.9
19.7
175.4
166.2
166.8
155.3
174.2
180.4
168.7
189.7
162.8
179.6
50.4
45.9
44.4
43.7
53.0
50.2
49.8
55.4
46.0
55.7
59.3
56.1
55.0
49.4
56.5
63.6
44.4
51.7
43.9
44.8
35.2
30.7
33.6
31.7
32.1
31.3
38.4
38.6
36.3
42.8
30.5
33.4
33.0
30.4
32.5
35.4
36.0
44.0
36.6
36.3
90.8
86.1
98.7
25.5
24. 6
27.9
22.1
22.1
24.0
186.4
189. 6
194.3
58.4
58.6
57.7
55.3
60.3
64.4
39.7
40.1
36.1
33.0
30.6
203.6
242. 3
275.5
47.3
60.7
78.0
44.6
62.7
68.2
407.4
496.3
570.2
118.2
138.7
174.8
126.3
176.8
179.9
78.3
93.8
115.9
84.7
87.0
100.4
107
84
59
37
26
44
489.9
269. 5
235.9
154. 9
108.0
190.9
481.7
363.1
231.1
151.4
106.3
187.4
86.4
70.5
56.4
50.4
29.4
55.3
59.8
43.0
36.0
36.5
18.1
34.7
64. 6
43.7
33.0
21.7
13. 4
20.1
66.9
49.3
31.4
17.9
16.5
31.4
263.7
199.6
110.3
61.3
47.0
80.7
59.5
55.6
29.3
13.5
76.0
37.8
18.6
9.4
9.3
6.9
18.3
48
45
48
50
52
49
50
48
62
56
49
49
52
51
59
54
53
58
52
58
185.0
164.4
165.5
170.2
173.4
172.2
198.2
221.2
269.3
223.5
182.0
160.7
159.8
167.2
168.0
169.8
195.5
218.1
266.7
221.0
40.5
38.2
36.9
40.6
38.3
40.9
68.7
82.6
112.7
82.7
21.8
21.8
19.4
23.4
19.2
16.6
31.8
45.9
75.1
56.8
16.2
12.9
15.4
15.5
15.3
15.6
22.4
23.7
26.8
19.7
30.8
26.2
26.4
28.9
28.1
31.0
29.3
30.3
34.3
31.7
94.5
83.4
81.0
82.2
86.2
82.2
75.2
81.5
93.0
86.9
51
53
51
57
60
56
198.0
181.8
194.8
195.1
179.2
192.1
59.8
50.1
44.5
35.7
26.6
36.3
15.9
14.8
16.8
28.6
28.3
32.1
525.9
516. 6
524.2
515.8
574.6 1 586.4
169.8
141. 3
154.3
113.8
81..1
88.6
62.3
48.7
80.9
83.5
89.0
Adjusted for seasonal variations.
030.11—3(5
2
344
3 51
60
3
2
Finished
manufactures
Millions of dollars
128
96
62
40
28
50
3 46
M6
3 50
Total
Crude Food- Semimanmaterials stuffs ufactures
47.5 I
General imports through December 1933; imports for consumption in 1934 and 1935.
3
Monthly average of unadjusted indexes.
SURVEY OF CURRENT BUSINESS
10
Mav 1936
Real Estate and Construction
in the building industry has picked up
ACTIVITY
^ considerably this spring. Reports received by
the Bureau of Labor Statistics from contractors showed
increases of 29 percent in employment and 37 percent
in pay rolls in March as compared with February.
While these were in part seasonal increases, the gains
reported over a year ago were 15 and 25 percent, respectively. A gradual expansion in building activity
is anticipated on the basis of the contracts let and the
favorable outlook for both residential and nonresidential building. The F. W. Dodge Corporation states
that "the outlook for the second quarter of the year
covering all classes of construction is encouraging.
The total [of contracts awarded] should exceed the
volume of the first quarter, while the gain over the
corresponding quarter of last year should exceed 40
percent."
Contracts awarded in the 37 States covered by the
Dodge statistics amounted, in the first quarter of the
year, to $546,000,000, compared with $298,000,000 in
the first quarter of 1935. This increase exceeded by
a good margin the forecast of the Dodge Corporation,
made early in the quarter. Both privately financed
and publicly financed work showed a substantial increase over the 1935 period. The total was the largest
for any comparable quarter since 1931, but about onethird less than the value for this earlier period. Awards
for residential construction in the first quarter were
valued at $123,885,000, an increase of 74 percent over
the comparable figure for 1935.
Increases in the value of contracts let were reported
for each major group—residential, nonresidential,
public works, and public utilities. While the volume
of commercial and industrial building is still very low,
the record for the quarter just past is better than that
for the corresponding period of 1935. In the residential field, there has been some improvement in the
construction of apartments and other multi-family
dwellings, but the bulk of the construction still consists of single-family dwellings, about 70 percent of
which are owner-occupied. The value of public-utility
construction is still very low (see the table below); it
is of interest, however, that a number of utility executives have stated in recent reports to stockholders that
the increased power load will soon require the installation of additional capacity.
The volume of work undertaken in connection with
the repair and renovation of existing structures increased during the first quarter, in comparison with the
same period of 1935, but the gain was relatively less
than that for new construction. In March, for example, the estimated cost of the additions, alterations,
and repairs for which permits were issued in 751
cities was 23 percent larger than a year ago, while the
increase for all types of building for which permits were
issued was 63 percent.
BUILDING MATERIALS, CONSTRUCTION, AND REAL ESTATE
Construction contracts awarded
I|
Year and month
1929: March
1930: March
1931: March
1932: March
1933: March
1934: March
1935:
March
AprilMay
June
July.
August
September
October
November
December
1936:
January
February
March
First quarter average:
1934
1935
1936
F. B. B.
index
adjusted »
All types of
construction
Residential
building
Monthly
average,
1923-25=
100
NumMilber of lions
of
proj- dollars
ects
MilMillions of lions
of
square dollars
feet
Public
utilities
Millions of
dollars
15,944
12,421
10, 788
6,646
6,303
7,924
485
456
370
112
60
178
41.7
20.7
22.1
8.5
4.8
7.0
196.9
101.5
100.9
33.2
16.0
28.1
8,928
26
27 10. 567
27 1 10,501
30 ! 10.450
35 10, 929
38 10, 655
9,978
43
48 11,385
9,256
60
8, 249
67
123
124
127
148
159
169
167
201
188
264
8.8
11.9
13.1
13.7
13.1
11.8
12.0
16.8
12.3
11.9
32.2
6.5
42.2
7.3
44.9 1 5.4
49.8
9.1
48.4
13.8
40.5 ! 4.4
41.8 i 12.5
55.1
11.2
39.7
10.7
45.1
18.1
205
142 !
199
10.3
9.1
15.6
37.4
31.2
55.3
154
99
4.8
6. 3
11.7
19 2
23.7
41.3 i
121
102
26
14
33
61
52
47
7, 724
6,442
10, 511
24
47
7,053
7 174
8,227
182
Public
works
21.0
70.9
37.6
7.8
2.5
21.0
57.6
79.3
114.6
22.0
15.1
71.9
Loans outstandBuilding-material shipments Highways
ing
Conunder
strucconstruc- tion
tion
costs,
(National Eng.
Home HomeCom- Lum- Oak
IndusCeNews- Owners' loan
floor- ment
mon
trial
ber
Loan
Recing
brick
banks
Recovery ord »
Corp.
Act)
Thousands
Mills,
of ft.
b. m.
Thous. Thouof ft. sands of
b. m. barrels
22, 698
90, 025
16,971
17,276
16,111
4,878
6,198
7,428
7,632
7,813
8,105
7,799
8,794
5,976
4,514
170, 756
187, 675
191,522
185, 044
170,846
149, 047
126, 211
102, 246
88, 776
74, 700
194.3
194.5
194.1
194.8
195.2
195.1
195.1
195.1
194.9
194.9
2, 539,408
2, 578,883
2,620,119
2,660, 677
2, 702,247
2, 747,022
2, 788, 203
2,838,086
2,886,013
2,940, 029
72, 637
74, 011
75,836
79, 233
80,877
86,025
90, 432
95,595
97,089
102, 795
17,943
17,441
17,441
17,249
15,835
14,964
14,470
14,398
12,886
13, 221
20, 395
23,081
28,479
3,889
3,156
7,138
65, 390
61,015
59,593
199.5
201.2
201.2
2, 984, 438 102, 800
3,014,423 102, 942
103,358
12, 560
11,794
13,245
8,987
10, 766
23,985
3,783
3, 558
4,728
217,784
157 281
6l| 999
193.1
304, 469 89, 854
196 3 2, 457, 325 77, 064
200.6
103,033
15,409
17,151
12,533
1,361 14, 606
1,521 14,438
1, 681 18, 306
1,415 17, 732
1,614 18,374
1,761 17,864
1,643 17,402
1,782 23,475
1,489 19,547
1,331 19, 497
17.9
11.9
18.1
58.9
36.3
44.2
1,569
1,467
1,688
12.7
6.4
16.0
73.9
33.1
46.5
1,194
1,296
1,575
* Based on 3-month moving average and adjusted for seasonal variations.
Number
435,778
39.8 60, 987
33.2 76, 646
26.0 83, 076
30.0 88,324
40.1 93,608
65.1 95,940
63.7 91,127
75.1 117,031
69.6 95, 673
76.4 73,586
38,281
38,291
Thousands of
dollars
239,974
10,113
8,826
7,192
3,973
3,510
4,618
1,440
Monthly average,
1913=
100
207.8
206.8
194.5
157.2
158.4
194.1
44,382
36,863
26, 243
13,360
7,573
13,711
48,168
Thousands of
dollars
Realestate
foreclosures
* Index is as of 1st of month, Apr. 1, 1936, 202.2.
11
SUEVEY OF CUKRENT BUSINESS
May 1936
Transportation
Railroad gross income in March was adversely
ACCORDING to the regular quarterly forecast of
-*** the 13 regional shipper's advisory boards, second- affected by the drop in the daily average volume of
quarter freight-car requirements for 29 principal cars loaded, and expenses were increased by the repair
commodities will be 9.5 percent above actual loadings costs resulting from the floods. An additional item
of these commodities in the same period of 1935. If of expense to be met by the carriers, subsequent to
this estimate is realized, the total will be the largest March 1, has been the 3% percent tax placed on the
for this period since 1931 but 13 percent lower than the carriers by the retirement legislation.
corresponding figure in that year. The first-quarter
Railway purchases of new equipment have slackened,
forecast of a gain of 6 percent closely approximated
the final results for that period, and the gain of about but the volume of unfilled orders in the hands of
12 percent now indicated in actual loadings in April over manufacturers assures increased activity in equipment
those of a year ago is also in line with the boards' manufacturing over the next few months. First
quarter orders, as tabulated by the Railway Age,
current estimate.
comprised
8,913 freight cars and 73 locomotives,
Daily average freight-car loadings in March dropped
contraseasonally as a result of the floods and thecompared with 830 cars and 9 locomotives in the first
recession in coal loadings. The recovery in weekly quarter of 1935. One of the leading manufacturers
loadings since the week of March 21 represented in part of locomotives reported orders on hand April 18
the movement of freight that had accumulated dur- amounting to $9,500,000, compared with $2,800,000
ing the period of high waters. On a seasonally ad- a year earlier.
justed basis, the March index of loadings stood at
The petition of several of the eastern railroads
66 percent of the 1923-25 average, 4 points below that asking approval of a revised schedule of passenger
of February, and only 1 point above March 1935.
fares below the existing rates but higher than the rate
However, comparisons of March and April with the
corresponding months of 1935 and 1934 are affected ordered by the commission (see p. 11 of the April 1936
by the sharp drop in coal loadings in the early part issue of the Survey of Current Business) was denied
of April in both earlier years, when threatened strikes by the Interstate Commerce Commission. Consein the coal fields failed to materialize and coal ship- quently, the Commission order for a reduction by June
ments, which has risen in anticipation of such an will stand unless set aside. The Baltimore & Ohio,
eventuality, dropped precipitously.
filed new tariffs to become effective on June 2, 1936.
RAIL AND WATER TRAFFIC
Freight-ear loadings
F. R. B. index
Year and month
Total
Unad- Adjustedi justed'
Freightcar
surplus
ForGrain
MerMisCoal
est
and Live- chanceland
prod- stock dise Ore
lacoke products ucts
I. c. 1.
neous
Monthly average, 1923-25 =
100
1929: March
1930: March
1931: March
1932: March
1933: March..
1934: March
1935:
March
April
May__
June
July
August
September
October
November
December
1936:
January
February
March
—
First quarter, average:
1934
1935
1936
1
http://fraser.stlouisfed.org/
Daily average basis.
Federal Reserve Bank of St. Louis
Thousands
Thousands of cars 4
105
96
80
61
50
2
Pullman
passengers
carried
Financial statistics, class I
railways
Canal traffic
Oper- Net rail- Sault New
ating way op- Ste.
York Panareve- era* in i;
ma 3
nues income Marie State
Thousands of
dollars
Thousands of
short tons
Thous.
of long
tons
959.4
887.5
735.4
566.6
468.3
615.5
160.0
144.7
136.1
127.0
96.2
152.8
67.8
57.8
33.7
19.7
15.3
24.2
41.7
38.8
37.1
28.3
27.7
29.8
23.9
22.8
20.1
16.3
13.3
13.3
262.6
251.0
222.6
186.0
155.7
166.3
11.6
9.7
5.9
2.7
2.3
4.0
391.9
362.7
280.0
186. 5
158. 0
225.0
2,726
279
2, 457
466
1,966
622
1,404
705
872
681 j
357 | 1,227
511,296
447,670
371,911
286,679
218,102
293, 201
95, 623
60,080
45, 636
32, 584
10, 806
52, 217
0
0
0
0
0
0
0
0
0
0
0
0
1,229
1,272
910
726
724
1,119
602.1
575. 8
581.8
607.0
557. 2
620.4
657.9
720.5
635.9
579.6
141.3
100.5
104.2
130.2
84.3
103.5
117.8
143.4
132.3
138.8
25.2
25.4
25.0
2§.3
26.4
30.3
30.9
31.6
27.5
25.9
27.0
26 9
25.6
25.4
30.0
42.2
40.6
37.0
31.3
27.3
11.3
12.9
12.9
10.2
9.9
12.9
17.4
21.6
16.9
12.8
160.2
161.1
159.8
153. 5
150.2
159. 6
160.3
168. 9
157. 6
146.6
4.4
8.6
25.6
31.8
32.8
34.1
33.8
32.4
13.4
5.2
232.7
240.2
228.6
229.6
223.6
237.8
257.1
287.5
256.9
223.1
300 |
310
305
1, 219
1,193
1,146
1, 309
272
296 1 1, 286
245 ] 1, 425
229 ! 1,364
1,278
208
252 ! 1,246
1,409
280, 890
274, 652
279,549
281,336
275, 349
0
888
5,985
7,058
7,503
7,731
7,148
7,454
4.0S7
440
0
329
554
482
519
576
574
800
655
0
961
811
938
862
715
294, 018
306, 960
341, 018
301,331
296,225
38,130
34, 626
39, 505
34,025
26, 851
42, 074
57, 359
75, 425
54, 234
46, 040
588. 3
627. 0
604.7
156.0
192.1
112. 5
26.0
26. 9
30.5
30.2
30.2
34.0
13.1
10.6
11.9
141.4
146. 0
155. 6
5.6
5.7
8.0
215. 9
215.6
254.2
231 j 1,533
171 j 1,359
205 |_
299, 099
300, 459
308,304
35, 765
33,595
35,206
0
0
0
0
775
813
981
581.9
577.3
608.2
150.5
146.1
156.5
21.5
23.2
27.7
29.6
25.9
31.4
15.3
12.7
11.8
159.3
152.4
147. 6
3.3
3.8
5.8
202.4
213. 1
227.6
389 i
321 I
202 '
266,558
266,672
302,621
37, 565
28, 787
34,855
Adjusted for seasonal variations.
3 American vessels, both directions.
* Average weekly basis.
843
852
831
856
12
SURVEY OF CURRENT BUSINESS
May 1936
Automobiles and Rubber
sales of automobiles expanded rapidly dur- for March was 17 percent higher than a year ago, but
RETAIL
* ing March and April. More commercial vehicles about 5 percent and 30 percent, respectively, below
have been sold than in the comparable period of 1929, the corresponding totals in 1930 and 1929. A further
and individual companies have reported record sales of advance in the seasonally adjusted index of sales for
passenger cars. Thus, the company now holding- the April is indicated by the trend of production, which is
leadership in the passenger-car field reported that reported to be alined closely with sales.
March sales of cars (both passenger and commercial
Factory sales in foreign markets for the first quarter
vehicles) were the largest for any month since the of 1936 were about 8 percent larger than the total for
spring of 1928.
the initial quarter of 1935, owing to the increased
Production schedules have been stepped up each week assemblies of commercial vehicles. Factory sales of
since the end of February to meet dealers' demands. 62,858 passenger vehicles were fewer than last year's
United States production of automobiles in March corresponding total, but sales of commercial cars,
was almost 50 percent higher than in February, and trucks, and road tractors increased from 32,312 units
was only 1 percent less than in March 1935. As a to 39,911 units.
result of the high rate of assemblies toward the end Business of the tire manufacturers has picked up
of the quarter, total production for the first 3 months markedly since February, with the increased demand
of the year exceeded that for the opening quarter of 1935, for original-equipment tires and seasonal improvement
the aggregates being 1,082,787 and 1,058,245, respective- in renewal-tire sales. According to the automobile
ly. Production during the first 3 weeks of April averaged production data, the indicated original-equipment rewell above the weekly rate for March, and present in- quirement for passenger cars in March was 1,726,000
dications point to an output for the full month approxi- tires, compared with 1,132,260 in February. Automately equal to the total of April 1935, when the manu- mobile manufacturers will need a considerably larger
facturers reported factory sales of 478,000 vehicles.
number of tires in April. Labor conditions within the
The Department's seasonally adjusted index of the industry have improved with the settlement late in
value of passenger-car sales for March rose to 100.5 March of the strike in the plants of one of the leading
from 89.5 in February, but was lower than in the 3 tire manufacturers. This strike was reflected in the
months ended January, when the first rush of orders smaller pay-roll total reported for the industry in
for the new models was received and filled. The index March.
AUTOMOBILE AND RUBBER STATISTICS
Automobile
exports
Automobile production
United States
Year and
month
F.R.B.
index,
adjusted^
Monthly av.,
192325 = 100
1929:
1930:
1931:
1932:
1933:
1934:
March
March
March
March
March
March
Canada
PassenTrucks
ger
Total
Trucks
Total
New passengercar sales
New
New
comAdUnadpassen- mercial
justed justed
ger cars cars
M o n t h l y average,
1929-31 = 100
Number
Thousands
Pneumatic
tires *
Production
Crude rubber
nicstic
World
DoImstocks,
mestic conship- sump- ports end of
month
ments tion,
total
Long tons
Thousands
143
98
67
28
27
78
585
396
276
119
115
338
514
330
231
99
97
279
71, 799
65, 466
45,161
19, 560
17, 803
59,160
40, 621
20, 730
12, 993
8,318
6, 632
14,180
51, 504
22, 129
11,524
5,548
5, 528
16,142
24, 883
8,961
6,005
3,183
2,528
10, 056
378, 069
298, 680
200, 841
92,192
78, 749
173, 287
46, 238
42,172
30, 609
16, 759
9,934
33, 894
168.8
122.5
79.9
38.4
32.5
68.4
153.5
113.5
74.0
36.0
30.5
64.5
5,639
3,891
3, 730
2, 937
1,630
5,025
4,804
3, 588
3, 143
2, 281
1,616
3,966
40, 257
32, 323
30,165
25, 602
15, 701
43, 329
50,610
45, 254
40, 788
45, 588
28, 475
42, 253
298, 383
413, 808
532, 080
629,894
638,428
666, 382
110
86
100
95
78
71
94
115
126
430
478
365
361
337
240
90
275
398
408
362
402
308
297
276
182
57
215
338
345
67, 977
76, 063
57,140
64, 639
60, 901
57, 605
32, 519
60, 415
59, 614
63,191
21,975
24, 123
20, 702
15, 745
13, 069
7,692
5,323
8,313
13, 496
13, 775
20, 986
18,341
13,604
16, 517
14,752
10, 076
5,622
7,471
22, 491
17, 736
8,820
8,092
6,291
9, 753
10, 274
9,997
7,081
7,109
10, 276
261,477
319, 650
293,199
280, 360
285,178
233,851
157, 098
148, 389
220, 262
237,194
41,511
46, 785
47, 968
48, 243
51, 243
50, 355
41, 390
43, 243
37, 616
38, 000
100.2
116.7
98.4
104.9
89.1
80.2
50.1
53.3
96.6
90.6
94.5
78.5
70.0
78.5
81.0
75.0
79.0
82.0
113.5
106.5
4, 215
4,376
4,050
3, 793
3,426
3,234
3, 067
3,281
3,238
3,282
4,000
4,908
3,850
4,061
5, 212
3,783
2,621
3, 258
3,170
3,311
38, 997
40, 913
37, 827
33, 327
33,109
36, 000
34, 000
38,192
38, 500
38, 648
46, 640
41,456
30, 705
32,182
48,131
41, 483
35, 707
36, 378
26, 073
39,812
678,809
677,006
677,569
671, 525
679,061
680,644
661,509
655,000
623, 300
611,987
111
91
110
367
291
425
300
226
345
67, 326
64, 512
79,404
13, 302
1?., 268
17, 974
15,867
16, 046
18,921
9,787
9,913
9,999
215, 782
176, 668
300,000
43,760
39, 000
52,000
65.5
116.9
102.0
89. 5
100,5
3,709
2,898
3,079
2,545
43, 655 33, 921
33, 071 34, 339
38,433 34,874
600,479
599,355
573,000
73
109
109
241
353
361
193
48,518
289 I 63,858
291
70,414
9,885
16,899
14,848
9,566
15, 696
16,945
\ 885
',390
),900
109, 805
189, 576
230,817
27, 091
37, 022
44, 920
45.6
74.8
83.9
38, 345 42,187
40, 243 45, 002
38, 386 34,378
663, 879
687, 719
590,945
1935:
March
April
May
-Tune
July
August
September..
October
November _.
December...
1936:
January
February. __
March
First quarter,
average:
1934
1935
1936
Registrations
1
Adjusted for seasonal variations.
2
Covers varying percentage of industry, see note on p. 55.
* Includes taxicabs, see footnote on p. 59.
13
SUEVEY OF CUREENT BUSINESS
May 1936
Forest Products
HE gradual improvement in the lumber industry production schedules to meet the needs of distributors.
has extended through April, with new orders, pro- Output in the Grand Rapids district during March and
duction, and shipments all showing substantial increases April, as well as in other leading manufacturing centers,
in comparison with a year ago. Shipments have has been at a rate considerably above that prevailing
remained above the level of production, with the result a year ago. Plant operations in all districts, as comthat manufacturers' stocks have decreased moderately. puted from sample data reported by manufacturers,
Sales at retail lumber yards have improved with the were at the rate of 58 percent of capacity in March,
advent of more seasonal building conditions, and the
compared with 47 percent in the corresponding month
continued expansion in the volume of repairs and
of 1935.
alterations being carried forward.
Paper mills maintained a relatively high operating
The amount of lumber cut during March was 31 perrate
during March, despite the curtailment of operacent larger than that of the same month in 1935 and,
tions
in the New England and other Eastern States
measured on a weekly average basis, exceeded the
production in February and January by 21 percent caused by flood conditions. Production for the
and 17 percent, respectively. Shipments in March month was at the rate of 76 percent of capacity, or
were 5 percent larger than production and were 25 per- only slightly below the February rate. Paperboard
cent higher than in March 1935.
mills operated at 66 percent during March, compared
Orders for oak flooring, which had been unusually with 67 percent in February. In April the rate of
large in the first 2 months of the year, declined during operations at both paper and board mills increased;
March. The volume of business nevertheless remained for the week ended April 18 paper mills were operating
much higher than in March 1935. Orders for maple, at 81 percent of capacity and board mills at 68 percent.
beech, and birch flooring, on the other hand, exceeded
The increased space devoted to advertising in the
those for February by a wide margin. For the first
daily
press has been a leading factor in the monthly
12 weeks of the year new orders for oak flooring were
gains
in
newsprint consumption during the first quarter.
38 percent above production, while orders for the
Shipments
from mills have expanded as a result, but
other types of hardwood flooring were 73 percent
the increase in production has been even greater, so
above production.
With retail sales of furniture mounting, manufac- that mill stocks of newsprint have increased. Canaturing establishments have been operating on higher dian mill stocks are the highest on record.
T
FOREST PRODUCTS STATISTICS
Car
loadings i
Lumber production
I
Year and month
Total 3
Total
softwoods
CaliSouth- fornia
ern
redpine
wood
Furniture,
Adadjusted*
justed «
Millions of feet, board measure
1929:
1930:
1931:
1932:
1933:
1934:
1935:
1936:
Pay rolls
TurUnadjusted
pen- |
Turtine
penand
tine
rosin Furniture
and
unadrosin
justed
Total
1,253
110.9
97.9
77.4
64.4
49.7
64.1
92.2
72.5
67.5
101.4
977
1,102
1,084
1,074
1,358
1,517
1,457
1,669
1,347
1,215
103
107
107
110
131
137
125
149
134
126
23
25
26
26
28
34
34
38
33
30
70.3
71.1
70.5
69.6
72.4
73.3
73.9
71.7
71.6
72.4
99.7
99.2
99.0
98.9
98.9
99.1
100.5
100.3
100.7
99.7
49.7
49.2
47. 1
48.5
48.4
56.0
60.2
63.0
59.3
58.4
52.3
57.9
57.3
59.9
57.5
59.3
59.3
64.6
65.8
64.4
754,934
732,493
778, 059
713, 999
694, 705
806, 564
752, 268
914, 328
783, 476
714,352
1,490
1,353
1,587
1,261
1,138
1,343
141
125
148
31
32
37
74.4
73.3
73.7
98.0
98.1
97.1
51.8
54. 3
55.7
60.5
55.2
59.2
823,183
1,289
1,153
1,477
1,022
916
1,247
114
102
138
23
22
33
61.8
66.7
72.2
99.3
97.2
97.7
39.0
46.8
53.9
49.4
53.1
58.3
1,535
January
February
» Of forest products.
2 See note on p. 54.
3 See footnote on p. 48.
Paper
board
Wrapping
paper
Consumption
by
publishers
Short tons
44
35
22
15
12
25
1,247
1,382
1,374
1,359
1,636
1,806
1,750
1,971
1,620
1,422
Book
paper, Newsunprint
coated
Monthly average, 1923-25=100
275
165
104
87
124
March
April
May
June
July
August
September
October
November
December
Newsprint
Paper production 1
!
113.1 1
90.2 I
65.5
41.4 1
22. 1
41.1
March
March
March
March
March
March
March
F i r s t quarter, average:
1934
1935
1936
Employment
57.5
30.7
28.9
46.2
754, 719
114,586
113,331
101, 447
99, 955
76, 565 237, 536
83, 532 263,199
143,827
198, 722
187, 594
179,340
156, 205
123, 402
156, 721
275, 770
260,851
262, 463
256, 665
260,207
291,127
289, 596
345, 596
294, 290
243,594
139,857
132, 986
148, 984
132,181
121,304
160,510
135, 278
176,973
138, 523
131, 544
171,139
166,122
201,970
161,884
153,811
148,142
160,558
179,821
187,448
186,514
101, 223 79, 336 270,928
96, 068 79, 249 271,107
101,669 76,507
165,934
161,185
182,213
183,974
96,411
96,852
93, 358
82,098
86,121
88, 201
87,911
95, 894
89, 262
91,075
73, 303
74,651
84,141
77,010
72, 797
75,160
71, 262
79, 974
78, 955
75,869
79,315 241,174
90, 759 74, 727 263, 222
99, 653 76, 031
* Adjusted for seasonal variations.
150, 545
166,275
175, 791
14
SURVEY OF CURRENT BUSINESS
Mav 1936
Iron and Steel
most significant aspects of the improveONEmentof intheindustrial
activity this spring has been
the extent of the rise in steel-ingot production, the
bellwether of the durable-goods industries. In the
latter part of April ingot production was in excess of
70 percent of rated capacity, or the equivalent of
about 80 percent of the daily capacity in use in 1929.
The indicated daily rate of output for April is the
highest since the spring of 1930.
Of particular importance with reference to the current rise is the fact that the automobile industry is
not directly responsible for the increase in steel output in comparison with that of a year ago. March
production of cars was slightly less than that of March
1935 while the daily average output of ingots was 17
percent higher than in 1935. April production of
cars will probably equal the corresponding total a
year ago, but the output of steel ingots will be 40
percent, or more, above the April 1935 output. While
stocking of raw steel may account for part of the
increase, the present rate of production would appear
to bear out other evidences of a marked improvement
in the demand for steel from the machinery, agricultural implement, railroad equipment, structural steel,
and other "heavy" industries. In the absence of
production figures for some of these lines of business,
the pay-roll data may be accepted as evidence of the
extent of improvement, since wage rates in general
have been relatively stable during the past years.
For the machinery group (exclusive of transportation
equipment), the increase in pay rolls from March 1935
to March 1936 was 23 percent; for some of the individual industries included in the group the increases
were much larger. For example, in the agriculturalimplement industry the increase amounted to 50 percent and in the machine-tool industry to 46 percent.
Other pay-roll increases in selected durable-goods industries are as follows: Cast-iron pipe, 39 percent;
structural and ornamental metal work, 28 percent;
and wirework, 21 percent.
That shipments of finished steel have been going
forward at an accelerated rate is evident from the
shipments of the United States Steel Corporation.
Despite the hampering influence of the floods in the
Pittsburgh and Ohio Valley area, daily average shipments of the corporation rose from 28,180 tons in
February to 30,137 in March. A further substantial
increase is in prospect for April, to judge by the
corporation's rate of ingot production.
The strength of the present demand for iron and
steel is evidenced by the lighting of 17 additional
blast furnaces during April, bringing the number of
stacks in operation to 143, the highest total reported
since July 1930. The expansion in pig-iron output
so far in 1936 has been much larger relatively than
the increase in steel-ingot output, the percentage increase for the first quarter over the initial quarter
of 1935 being 21 percent and 9.9 percent, respectively.
IRON AND STEEL STATISTICS
Iron and
steel
General operations
Tear and month
Production,
adjusted i
Employment,
adjusted^
1929*
1930:
1931:
1932:
1933:
1934:
1935:
March
March
March
March
March.
March
.
March
April
May
_.
June.
July
August
September
October
November
. . . . __
December
1936:
January __ .
February
March
First quarter average:
1934
.
1935
1936
130
109
77
35
22
67
100.6
95.3
74.9
57.7
46.2
69.1
72
67
66
66
69
81
84
88
96
103
70.8
71.1
71.5
71.7
72.4
73.4
74.1
75.9
77.1
77.9
86
83
83
62
77
84
i Adjusted for seasonal variations.
Production
Furnaces
in
blast
Thousands of long
tons
Number
Pay
rolls, Ex- I m unad- ports ports
justed
Monthly average,
1923-25=100
109.7
99.2
68.6
35.5
22.7
51.3
Pig iron
Steel sheets > United
Prices
States
Steel
Corporation, Iron Steel Steel FinProNew Ship- finished and billets,
scrap ished
ducorprod- steel, Bessesteel,
mer (Chi- comPer- ders ments ucts,
tion
com- (Pittscent
ship- posite *burgh) cago) posite
of
ments
capacSteel ingots
Thousands
of long
tons
5,068
4,254
3,054
1,433
Thousands of
short tons
Long
tons
Dollars per long ton
Dollars
per 100
pounds
99
82
55
25
15
47
464
300
236
102
83
158
364
275
208
118
75
201
1,240,171
907, 251
388, 579
256, 793
588, 209
35.98
34.79
31.65
29.28
27.92
31.38
34.00
33.00
30.00
27.00
26.00
26.00
15.56
13.19
10.00
7.13
5.25
12.13
2.55
2.43
2.23
2.17
2.10
2.31
50
46
44
40
39
49
51
53
55
56
193
168
150
129
206
207
196
226
289
203
233
202
187
161
152
181
177
221
213
195
668,056
591, 728
598,915
578,108
547, 794
624, 497
614,933
686,741
681,820
661,515
32.36
32.29
32.35
32.42
32.44
32.68
32.82
32.84
33.15
33.31
27.00
27.00
27.00
27.00
27.00
27.00
27.00
27.00
28.00
29.00
10.50
9.85
10.06
9.97
10.35
12.38
12.50
12.50
13.00
13.35
2.44
2.44
2.44
2.44
2.44
2.43
2.43
2.43
2.43
2.43
3,049
2,968
3,346
51
54
59
175
138
252
207
176
210
721, 414
676,315
783, 552
33.34
33.48
33.21
29.00
29.00
28.20
13.38
14.19
14.75
2.43
2.43
2.37
2,336
2, 839
3,121
41
50
55
184
233
188
159
213
198
435,162
595, 083
727, 094
31.28
32.49
33.34
26. 00
27. 00
28.73
11.21
11.18
14.11
2.31
2.44
2.41
53
57
40
41
22
38
3,714
3,246
2,032
967
542
1,620
212
185
116
60
38
96
323
59.3
59.4
205
287
58.3
55.7 1 290
52.6 1 297
59.4 1 247
244
62.7
238
65.5
65.1
205
239
68.8
21
29
48
33
32
31
53
60
57
54
1,770
1,663
1,727
1,553
1,520
1,761
1,776
1,978
2,066
2,106
98
2,868
2,641
97
97
2,636
91
2,231
95
2,270
99 ! 2,919
104
2,830
116
3,146
122
3,153
120
3,082
77.6
75.9
76.1
64.4
65.2
69.7
242
214
264
50
43
57
2,026
1,824
2,040
117
120
126
66.8
70.3
76.5
46.0
56.7
66.4
197
271
240
29
24
50
1,366
1,619
1,963
91
95
121
271
238
109
50
81
261
ity
898
2,798
» Black, blue, galvanized, and full finished.
See table on p. 19 of the January 1935 issue.
15
SURVEY OF CURRENT BUSINESS
Mav 1936
Textile Industries
in the textile industries declined by
OPERATIONS
slightly more than the usual seasonal amount in
March, but remained above the level of March 1935.
The seasonally adjusted index of production, computed
from basic data for the cotton, woolen, and silk textile
industries, declined 2 points from the February level
to 100 percent of the 1923-25 average. With the cotton
and silk components as supporting factors, the index
remained 2 points above the figure for March 1935.
Daily average cotton consumption in March was
about the same as in February. Spindle activity, however, recovered part of the loss recorded in February and
approached close to the January level, when mill operations were the highest since the summer of 1933. In
the early part of April, mill activity held at a fairly
steady pace, according to the weekly cotton-consumption estimates. Sales of cotton goods are reported to
have lagged behind production in both March and April,
with a resulting increase in stocks of finished goods.
Current data on cloth production, sales, and stocks,
however, are not available to confirm such reports.
Production at woolen mills decreased from February
to March and was the lowest in 12 months, on a seasonally adjusted basis. As measured by the Federal
Reserve index, operations in the industry have tended
irregularly downward since last August, when output
reached record proportions, apparently climaxing
another 2-year cycle in the industry. The drop in daily
average wool consumption from February to March
was about 18 percent, a much larger decline than is
usually experienced at this season of the year, but wool
consumption is subject to rather sharp month-to-month
fluctuations.
Daily average silk deliveries recorded a contraseasonal gain of about 5 percent from February to
March, but are still at a relatively low level. A recent
review of the industry by the head of the trade association stressed the unfavorable ratio of production to
sales and its effects on the price structure. At the same
time he urged the adoption of cooperative efforts
designed to place the industry in a more favorable
competitive position. Prices of raw silk have dropped
nearly 20 cents a pound during April, according to
the daily quotations on crack-double extra silk.
Although nonacetate rayon deliveries in March were
the lowest since April 1935, on a seasonally adjusted
basis, sales were large. Producers' stocks of rayon were
reported by Textile Organon as the equivalent of 1.1
months supply, based on deliveries over the preceding
12 months, and it was further stated that the actual
stock shortage in certain deniers continues to be a problem of the industry. In April a year ago, producers'
stocks were equivalent to 2 months supply, on the same
basis of measurement as used above.
TEXTILE STATISTICS
Cotton,
raw
Year and month
ProducMill
tion incondex, adj listed i sumption
Monthly average,
1923-25=
100
1929: March
1930: March
1931: March
1932: March
1933: March
1934: March
1935:
March
April
May.__,
June
July....
August
September
October
November
December
L936:
January.
February
March
First quarter, average:
1934___
1935
1936
Cotton cloth,
finishing
Spindle activity, Plain
total bleached
Print
goods
Silk
Wool manufactures
Spinning
spindles
WholeConsale
price, s u m p cotton tion J Wool- Worgoods
en
sted
Looms
Nar- Wide
Wholesale
price,
woolen Delivand
to
worsted eries
mills
goods
Whole- Deliveries
sale
to mills
price,
raw,
Japa- Un- Adnese, 13- ad- Just15 (New just- ed i
York)
ed
Hosiery
Production
Thousands
of
pounds
100.6
90.3
72.4
56.2
50.0
89.1
47,955
37,195
40,373
29, 384
24,943
36,119
83
58
57
45
42
73
68
50
57
37
32
42
60
39
34
26
28
37
91.1
82.0
71.8
62.7
53.2
84.0
49,878
50,863
55, 383
46, 761
38,934
44, 080
4.998
4.531
2.561
1.617
1.182
1.405
275
347
246
201
340
270
259
328
232
190
320
10,471
122, 548
104,597
100,265
70, 381
61,842
77, 913
86,948
97, 972
97, 331
104, 720
82.4
81.8
82.7
82.5
82.0
82.5
83.2
84.5
85.8
86.0
65,006
62, 066
70, 617
80,428
66,648
74, 781
80, 293
78, 727
72,993
73, 367
81
76
83
89
94
103
97
106
104
93
61
63
71
72
67
67
67
81
83
73
29
27
28
25
24
31
33
42
44
43
73.1
73.1
73.5
75.6
76.4
76.4
76.9
79.1
80.7
81.0
44,347
39, 757
38, 361
33,728
44.166
41,715
45,156
48.167
37.012
35,559
1.327
1.391
1.418
1.376
1.447
1.705
1.868
2.084
2.092
1.958
295
274
417
381
433
550
583
494
464
473
279
264
439
477
570
513
419
462
522
557
9,692
9,392
9, 203
7,121
7,541
9,001
9,577
11,574
10, 293
8,918
7,714
6,736
7,364
97, 435 100, 528
92,807 91,860
108,450 3 96,500
80.4
78.1
77.1
73, 908
64,193
53,460
95
96
35
62
68
59
48
44
38
81.4
82.8
38, 995
32,053
36,000
1.950
1.784
1,733
477
517
423
487
454
399
10,099
7,124
6,911
7,238
139,773
143,812
99.564
112, 082
120,177
96, 296
88.1
83.3
78.5
35,478
58, 331
63,854
71
86
92
47
68
63
36
29
43
84.2
73.5
82.7
41,348
44,507
35, 683
1.469
1.369
1,822
382
430
472
360
410
447
Millions of
spindle
hours
117
99
97
82
76
94
631, 669
507,646
490,509
488,907
495,183
544,870
8,911
7,344
7,000
6,967
7,050
7,706
163, 772 131,426
98
98
102
100
105
104
106
113
106
111
482,373
468, 402
470,412
383,982
390, 712
408,410
449,126
552,187
507, 836
498,329
6,623
6,055
6,087
5,102
5,155
5,545
6,184
7,445
6,897
6,804
148,710
144,429
130, 284
90, 496
89,164
94, 521
93, 013
110, 885
102, 292
101,310
105
101
100
591, 309
516,649
548,913
91
100
102
509,979
504, 422
552, 290
Thousands of
yards
Adjusted for seasonal variations.
Percent of active hours
to total reported
2 Grease equivalent; see note on p. 58.
Monthly average,
1926=
100
Rayon
Monthly average,
1926=
100
Running
Wool
Cotton manufactures
Bales
of 133
pounds
ThouDaily
Dollars
sands
per
average,
of dozpound 1923-25=100
en
pairs
Estimated,
16
SURVEY OF CURRENT BUSINESS
May 1936
An Estimate of the Volume of Wholesale
Trade in the United States, 1899-1935
By N. H. Engle, Assistant Director, Bureau of Foreign and Domestic Commerce 1
I
T is well known that there is very little data available which a measure of the total volume of goods marketed
on the extent of the wholesale trade of the United at wholesale can be given on a comparable basis with
States before the year 1929, when the first census of a minimum of duplication. As the goods flow through
wholesaling w^as taken. Since that time, a second com- the wholesaling process the number of transactions
plete canvass of the United States was made for the are multiplied and transportation and distribution
year 1933 and a third is now in process by the Census costs are incurred until the volume of wholesaling
Bureau covering the year 1935. The outstanding im- transactions or turnover reaches inposing proportions.
portance of wholesaling as a part of the national
The author has evolved a method which is the outeconomy was not generally realized until the census growth of a related technic which he worked out some
revealed the vast extent of this phase of distribution. years ago for the Brookings Institution. The basic
The experience of the N. R. A. has further served to assumption is that, since all but a negligible volume of
focus attention upon that part of the wholesale struc- the goods produced and imported into the United
ture which sought codification. Because of the in- States first enter the distribution stage of production
creased interest generated in wholesaling by these through wholesale channels,2 a measure of the total
occurrences, data have been sought on the extent of volume of such production and importation actually
wholesaling prior to the census of 1929.
provides a sound basis for determining the volume of
In order to avoid misunderstanding, a word of cau- nascent wholesale trade. Moreover, this is a measure
tion on the concept of wholesaling used in this article which is available for a number of years prior to 1929.
is in order. By wholesaling is meant the volume of Indeed, there are indexes of the aggregate value of
marketing transactions in which the buyer is actuated production extending back to the turn of the century.
entirely by a desire to make a profit from the use or Notable among these is one prepared by Prof. F. C.
resale of the goods purchased. This is in contrast Mills, of Columbia University, which appeared in his
with retail purchases which include only those trans- publication "Economic Tendencies in the United
actions in which the buyer is purchasing for his own States", published in 1932 by the National Bureau of
or his family's use. The total volume of goods mar- Economic Research. None of these indexes proved to
keted at wholesale which the author attempts to be adequate for this purpose, however, since they failed
measure in this article should not be confused with to correspond closely with the more complete data
the total volume of wholesale trade as measured by already available for census years.
the Census Bureau since the latter in chides much
duplication and is restricted to specialized wholesal- Computation of Aggregate Value of Production.
A corrected index was therefore devised, which drew
ing establishments. It should not again be confused
upon
existing indexes for intercensal periods but adwith the very narrow view of wholesaling which conjusted
them to a series of relatives by use of a method
fuses wholesaling with the activities of wholesalers.
of
interpolation.
Table 1 indicates the method of
It is this concept of wholesaling which is measured by
computing
relatives
for the census years between 1899
the annual estimates prepared by the Marketing Reand
1935.
The
actual
dollar values for manufactures,
search Division of the Bureau of Foreign and Domesagricultural
production,
and mineral products were
tic Commerce for wholesalers proper.
utilized
for
this
purpose
since
they comprise some 98
In this article the attempt is made to measure the
percent
of
normal
total
production
in the United States.
total volume of goods marketed at wholesale at the
The
year
1929
was
selected
as
a
base
for reasons which
point of production or importation or just as they
will
appear
from
the
discussion.
The
aggregate value
enter the portals of the distribution process. Included
relatives
from
table
1
are
utilized
as
the
framework for
in this concept of wholesaling are the activities of all
the
revised
index
(see
table
2).
Since
they
cover only
producers or importers as they initiate the flow of
census
years
there
are
a
number
of
gaps,
first
of 4 years'
merchandise through the marketing channels. Such
duration
between
1899
and
1919,
and
thereafter
of 1
transactions are consistently recognized as wholesaling
year
each.
These
relatives
were
next
compared
with
transactions in the compilation of wholesale price
indexes which are based upon price quotations of pro- Professor Mills' index, the three sections of which were
ducers. This is, moreover, about the only point at first spliced and then converted to a comparable 1929
1
Frederick M. Cone, of the Division of Economic Research, assisted in working
out the method of interpolation used and in computing the data in the tables.
2
Approximately 97 percent of the value of produced and imported goods flowed
through wholesale channels in 1929 and 1933, according to the best estimates available.
gate value of products for that year, and thus to correct the totals for all years, using the 1929 figure as
a base. The following tabulation (table 3) gives the
refined figure of $78,976,202,000. A similar estimate
for 1933, based on the Census of American Business
and the 1929 ratios, gives a corresponding figure of
$37,085,597,000.
Table 2.—Method of Interpolation Used to Compute Aggregate Value
Index
6
Column (4) ^column
(3)X100
Percentage deviation
(cumulated)
Correction index=100+
column (6)
Adjusted intercensal
changes for Mills index
Revised aggregate
value index
1899
1900
1901
1902
1903
1923.
77, 583
17.9
15, 772
87.9
1899
1904
1925...
_.
80,360
23.1
1904
20,415
91.0
1905
1927
79,864
32.6
28,797
90.5
1909
1906
1929
_._
88,263
37.5
33,127
100.0
1914
1907
1931
51,485
94.7
83,573
58.3
1919
1908
1933
40,285
64.3
56, 719
45.7
1921
1909
1910
1911
1
Value of products of manufactures for the years 1899-1929, inclusive, is from the 1912
Census of Manufactures: 1929 "Statistics for Industries and States", p. 2. The 1913
figure for 1933 is from the preliminary release of the Census of Manufactures for 1933, 1914
issued January 23, 1935, by the Bureau of the Census. About 300 million dollars
have been added to the value of manufactures as reported to allow for the industries 1915
1916
canvassed in 1929, but not in 1933.
The value of farm products is exclusive of crops fed to livestock and represents the 1917
gross income from farm production taken from the ''Statistical Abstract of the 1918
United States", 1931, p. 669, for 1899 and 1904. The figures for all other years are 1919
taken from the July 1935 issue of "Crops and Markets", p. 270, of the Department of 1920
Agriculture. The value of mineral products for the years 1899 through 1931 is taken 1921
from "Mineral Resources of the United States", 1931, part I, p. A-ll, and the figure 1922
1923
for 1933 is taken from the "Minerals Yearbook", 1935, p. 16.
1924
1925
1926
1927
1928
1929
1930
1931
1932_
1933_
1934
1935
5
Intercensal changes in
column (2)
Year
Aggregate
value of
products Aggregate
of United value
States in- relatives,
dustry i 1929 = 100
(millions
of dollars)
4
Changes in column 1.
£ach census year= 100
Aggregate
value of
Aggreproducts
gate
of United
value
States in- relatives,
dustry i
(millions 1929=100
of dollars)
Year
3
1
0
20.5
17.9 100.0
108.8
i 22.3
-1.5
22.5
109.8
-3.0
27 9
136 1
-4.5
136.1
27.9
—6.0
28.6
-7.5
129.1
23.1 139.5
92.5
110.8
31.7
1.6
34.4
3.2
120.3
124.5
4.7
35.6
32.4
113.3
6.3
141.1
37.4
7.9
32.6 130.8
107.9
108.3
40.5
-.6
98.1
-1.2
36.7
44.6
119.3
— 1.7
118.4
44.3
-2.3
44.3
37.5 118.4
115.0
97 1 —2.9
51.4
116.0
1.3
66.5
150.1
2.6
95.2
214.9
3.9
5.2
105.9
239.1
105.0
6.5
94.7 237.0 252.5 106.5
124.5
118.6
4.3
64.3
65.6
62.5
8.6
67.9
108 6
115 5
75 8
1.0
87.9
87.9 134.0
136.7
102 0
2.0
84.1
95.7
-2.0
94.8 ~~9l.~6~ 107.8 "I63.I" ~~96.~6~ - 4 . 0
97.0
102.3
1.5
96.7
2.9
99.5
102.9
91.7
90.5
97.8
106.7
.6
100.0 100.0
109.1
1.3
110.5
101.3
2
80.3
80.3
-2.4
2
61.2
61.2
58.3
58.3
95.3 • 4 7
._ 2 45. 7
74.7
-1.2
2 49.2 "45." 7~ 80.4 "78.1" ~~97.~5~ - 2 . 5
2 57.4
2
67. 9
100.0
98.5
97.0
95.5
94.0
92.5
101.6
103.2
104.7
106.3
107.9
99.4
98.8
98.3
97.7
97.1
101.3
102.6
103.9
105.2
106.5
104.3
108.6
101.0
102.0
98.0
96.0
101.5
102.9
100.6
101.3
.976
.953
.988
.975
100.0
107.2
106.5
130.0
127.9
129.1
112.6
124.1
130.4
120.4
141.1
107.7
96.9
117.3
115.7
115.0
117.5
154.0
223.3
251.5
252.4
123.7
67.9
116.7
136.7
93.8
103.5
103.8
99.5
107.3
110.5
78.4
58.3
73.8
78.4
17.9
19.2
19.1
23.3
22.9
23.1
26 0
28.7
30.1
27.8
32.6
35.1
31.6
38 2
37.7
37 5
44.1
57.8
87.5
94.3
94.7
117.1
6* 3
75.0
87 9
82.5
91.0
94.5
90.5
97.1
100.0
78.4
58.3
43.0
45.7
57 4
3
67. 9
Actual aggregate value
relatives
Table 1.—Value of Products of Agriculture, Manufactures, and Mining
in the United States, 1899-1935
1
Mills aggregate value
index
basis. Notable discrepancies were observed between
the relatives and the index for the census years, especially for the early years of the century. A comparison
with a similar unpublished index by Dr. Clark
Warburton indicated the same condition. Both Professor Mills' and Dr. Warburton's indexes showed
fairly close correspondence in the direction and annual
rate of change. It was therefore decided that the census relatives might be used as guides in the construction
of a new index based upon that of Professor Mills but
utilizing his only as a basis for estimating the annual,
intercensal direction of change, the rate of change being
revised by the methodology indicated in table 2.
Year
17
SURVEY OF CURRENT BUSINESS
May 1936
8
9
In this method the change in Professor Mills' index
for the intercensal period is compared with that in
._
the census relatives. If the rate of change in Professor Mills' index differs from that in the census
.
relatives, it is assumed that this error is the cumulated
result of a number of equal percentage errors. Thus, 1
1 """
Figures for 1899 and 1900 estimated by comparison with an unpublished index
from 1899 to 1904, it is found that the percentage prepared
by
Clark
Warburton.
2
Figures for 1930 to 1935 inclusive are from Bulletin No. 58, of Nov 15, 1935, of
change in Professor Mills7 index is greater than that National
Bureau of Economic Research. Aggregate value index for these years
computed by applying Bureau of Labor Statistics wholesale price index to index of
in the census relatives. Consequently, it is assumed physical volume of production therein obtained. Figures may not be exactly comwith those for 1901 to 1929.
3
that the corrections to be used are those given in parable
Preliminary.
column 7. Column 8 then represents the adjusted
percentage change in Professor Mills' index for the Estimate of Value of Goods Marketed at Wholesale.
The aggregate value of goods produced for the years
intermediate years. These percentages are then applied to the census figure for 1899 to obtain the 1899-1935 was then computed by use of the index and
revised aggregate value index (column 9). The same the refined figure for 1929 (see table 4). To these value
procedure was followed for each intercensal period. figures were added the value of imports for consumption,
This gave a revised aggregate value index for goods for which data were available from the Bureau of
produced in the United States and a much stronger Foreign and Domestic Commerce. The result was the
and more accurate index because of the tieing in, at estimated total value of goods marketed at wholesale
each census year, with the actual aggregate value for the years 1899-1935. These figures were then
reduced to relatives on the basis of 1929 = 100. They
relatives.
The next step was to estimate the dollar volume of afford a reasonably good index of the value of goods
goods produced m the United States for the entire marketed at wholesale since 1899 and indicate the
period. The 1929 Census of Manufactures and Dis- changes which have taken place over this period of 36
tribution made it possible to refine the data on aggre- years. Since price changes influence value figures, the
63051—36
3
18
SURVEY OF CURRENT BUSINESS
value index has been reduced through the use of a
wholesale price index to a crude index of physical
volume of goods marketed at wholesale.
Table 4.—Estimated Ag »regate Value and Physical Volume of Goods
Marketed at W lolesale in the United States, 1899-1935
1
Table 3.—Total Value of Goods Produced in the United States, 1929
[In thousands]
Year
Item
Gross value of manufactured goods
Less receipts from contract work, services, and interplant transfers.
Net value of manufactured goods distributed by manufacturers
Value of goods manufactured:
(a) By wholesale establishments
(b) By retail establishments
Total value of manufactured goods distributed.
Agricultural production (cash income)
Value of products of mines and quarries
Value of crude petroleum production
Value of forest products (not manufactured)
Value of fishery products (not manufactured)
Value of products of hunting and fishing
Total value of goods produced in the United States for sale
Amount
i $69,960,910
2 7, 529, 767
2
Aggregate
Aggre- value of
gate
domesvalue tic proindex duction
(1929 =
(mil100)
lions of
dollars)
3
i
5
6
Imports
Index of
for convalue of
sumpi otai
goods Index of
tion in- goods market- wholecluding market- ed at
sale
duties
whole- prices
(1929 =
paid
sale
whole- (1929 =
100)
(milsale '
100)
lions of
dollars)
7
Index of
physical
volume
ofgoods
marketed at
wholesale
(1929=
100)
62,431,143
3 1,183, 023
* 316, 279
63,930,445
s 10,146, 720
6 2,392, 650
7 1, 280,417
s
1,100,000
s 105, 970
io 20, 000
78, 976, 202
1
Census of Manufactures, U . S . Bureau of the Census.
2 For the year 1929 data were collected b y the Census of Manufactures showing
t h a t $3,542,014,000 consisted of receipts from contract and repair work, $2,385,793,000
represented interplant transfers, and $1,601,960,000 were in the form of receipts from
service industries. For 1933 the amounts for these items were obtained b y applying
reported ratios as of 1929 to the value of products by industries for 1933. To the 1933
figure has been added the value of motion-picture production in order to make the
data comparable with 1929. T h u s , the estimated receipts from contract and repair
work for 1933 were $1,798,000,000, for interplant transfers the figure was $917,000,000,
and for receipts from service industries the amount was $669,000,000.
s For 1929 the data are given in the Census of Wholesale Distribution. T h e 1933
figure was obtained by applying the percent decrease, 1929-33, in value of products
reported b y the Census of Manufactures, to the reported amount of goods manufactured in wholesale establishments during 1929.
* For 1929 the data are given in the Census of Retail Distribution. T h e 1933 figure
was obtained b y applying the percent decrease, 1929-33, in value of products reported
b y the Census of Manufactures, to the reported amount of goods manufactured in
wholesale establishments during 1929.
s Yearbook of Agriculture, 1931, p . 977.
fi
Census of Mines and Quarries, Bureau of the Census.
7
Bureau of Mines, D e p a r t m e n t of Interior.
8
Census of Manufactures, Bureau of the Census.
fl
Bureau of Fisheries, D e p a r t m e n t of Commerce.
io Fifteenth Census of the United States, 1930, Distribution, vol. I I , U. S. Departm e n t of Commerce, Bureau of the Census, table 1, p . 4.
Trend of Wholesale Trade, 1899-1935.
It is interesting to note that the total volume of
goods in value terms amounted to approximately 15
billion dollars in 1899 and remained fairly constant at
16 billion dollars for the next 2 years. There was a
fairly gradual increase to 25 billion dollars in 1907, with
a recession indicated in 1908 resulting no doubt from
the financial panic of 1907. The year 1909 saw the resumption of the upward trend of wholesale trade which
continued with few interruptions to a maximum of approximately 98 billion dollars in 1920, which marked
the culmination of the postwar boom. There was a
sharp decline to less than 54 billion dollars in 1921, after
which there was a steady increase to nearly 84 billion
dollars in 1929. The great depression reduced the
volume of wholesale trade to 35% billion dollars in 1932,
the lowest point which had been reached since 1915.
There was a slight recovery in 1933 and a very substantial recovery in 1934 and 1935; in the latter year
the estimated volume was nearly 56 billion dollars.
In interpreting these value figures a note of caution
must be sounded. Much of the fluctuation is due, not
to changes in the volume of wholesale trade, but to
changes in the level of wholesale prices. When allowance is made for price changes the flow of wholesale
trade over the period covered is much steadier. From
about one-third of the 1929 volume at the turn of the
May 1936
(2+3)
1899
1900
1901
1902
1903
1904
1905
1906
1907
1908
1909
1910
1911
1912
1913
1914
1915
1916
1917
1918
1919
1920
1921
1922
1923
1924
1925
1926
1927
1928
1929
1930
1931
1932
1933
1934
1935
17.9
19.2
19.1
23.3
22.9
23.1
26.0
28.7
30.1
27.8
32.6
35.1
31.6
38.2
37.7
37.5
44.1
57.8
87.5
94.3
94.7
117.1
64.3
75.0
87.9
82.5
91.0
94.5
90.5
97.1
100.0
78.4
58.3
43.0
45.7
57.4
2
67. 9
14,137
15,163
15, 084
18,401
18, 086
18, 243
20, 534
22, 666
23,772
21, 955
25, 746
27, 721
24,956
30,169
29, 774
29, 616
34,828
45, 648
69,104
74, 474
74, 790
92, 480
50,782
59, 232
69, 420
65,155
71,868
74, 632
71, 473
76, 686
78, 976
61,917
46,043
33,960
3 37,086
45, 332
53, 625
888
1,060
1,042
1,151
1,289
1,240
1, 345
1,507
1,744
1,466
1,577
1,874
1,838
1,946
2,080
2,190
1,975
2,573
3,124
3,123
4, 065
5, 428
2,849
3, 525
4,299
4,107
4,728
4,998
4,738
4.620
4, 924
3,576
2,459
1,584
1,717
1. 937
4
2,108
15, 025
16, 223
16,126
19, 552
19, 375
19, 483
21,879
24,173
25,516
23, 421
27, 323
29,595
26, 794
32,115
31,854
31, 806
36, 803
48, 221
72, 228
77, 597
78,855
97, 908
53,631
62, 757
73, 719
69, 262
76. 596
79, 630
76,211
81, 306
83, 900
65, 493
48,502
35, 544
38, 803
47. 269
55. 733
17.9
19.3
19.2
23.3
23.1
23.2
26.1
28 8
30.4
27.9
32.6
35.3
31.9
38 3
38^0
37.9
43.9
57.5
86.1
92 5
94.0
116.7
63.9
74.8
87.9
82.6
91.3
94.9
90.8
96.9
100.0
78.1
57.8
42.4
46.2
56.3
66.4
54.8
58.9
58.0
61.8
62.5
62.6
63.1
64.8
68.4
66.0
70.9
73.9
68.1
72.5
73.2
71.5
72.9
89.7
123.3
137.8
145.4
162.0
102.4
101.5
105. 6
102.9
108.6
104.9
100.1
101.5
100.0
90.7
76.6
68.0
69.2
78.6
83.9
(5-5-6)
32.7
32.8
33.1
37. 7
37.0
37.1
41.4
44.4
44.4
42.3
46.0
47.8
46 8
52.8
51.9
53.0
60.2
64 1
69.8
67.1
64.6
68. 9
62.4
73.7
83.2
80.3
84.1
90.5
90.7
95.5
100.0
86.1
75.5
62.4
66.8
71.6
79.1
1 See in text explanation of concept used.
Preliminary.
Revised estimates of actual value of domestic production calculated directly from
census
data.
4
Preliminary imports for consumption and duties paid. Monthly summary of
Foreign Commerce of the United States, December 1935.
2
8
century, slow but steady progress was made to about
53 percent in 1912 through 1914. The war period saw
a substantial increase to nearly 70 percent of the 1929
level in 1917. There was a slight recession to 62.4 percent in 1921, after which there was a substantial increase to nearly 74 percent in 1922. The years of relative prosperity culminating in 1929 saw the physical
volume of wholesale trade rise steadily to a peak in that
year. Since then there has, of course, been a decline
in the volume of wholesale trade, but it is much less in
physical terms than in value. The low point was
reached in 1932 at 62.4 percent of the 1929 level,
whereas the value in that year was but 42.4 percent
of the 1929 level. The revival since 1932, while slow,
has brought the physical volume up to 79 percent of
the 1929 level, or approximately the level which prevailed in 1924.
It is realized that these figures are only estimates and
hence are open to the criticism of all such data. It is
believed, however, that the estimates are reasonable,
and that they may afford a better conception as to
what has happened to the wholesale trade than has
been available heretofore.
19
SURVEY OF CURRENT BUSINESS
May 1936
CONSTRUCTION CONTRACTS AWARDED, 37 STATES, 1935x
[Revised statistics]
Total construction—all types
Nonresidential buildings
Proj- Valuation
ects
Month
Educational buildings
Commercial buildings
Total
Thousands of
dollars
ThouThou- ThouNum- sands of Thou-of NumNum- sands of sands
ber
ber square dollarsof ber square sands
feet dollars
feet
6,458
January
6,135
February
March
- - 8,928
10, 567
April
10, 501
May
June
- - - 10, 450
10,929
July
.
10, 655
August
9,978
September
11,385
October
9,256
November
8,249
December
113,491
Total
9,458
Monthly average
99,774
75, 047
122, 941
124,020
126,720
148,005
159,258
168, 557
167, 376
200, 596
188,115
264,137
2,526
2,349
3,102
3,385
3,178
3,059
3,325
3,307
2,778
3,318
2,753
2,796
5,622 32,958
4,985 30, 613
6,966 44, 477
7,748 41, 328
9,145 50, 433
9,075 59,036
8.288 56,969
9,632 58,489
8,602 49,420
10,814 59,180
11,680 68, 080
20, 680 124, 506
1,625
1,535
2,036
2,197
2,013
1,836
2,003
2,090
1,758
1,953
1, 445
1,1 ^8
2,243
1,745
2,103
3,328
3, 390
2,980
2. 833
3, 228
3,207
4,066
3,499
2, 7 "0
1,844,546 35, 876 113,237 675, 489
21,6 19
35. 3 42
1,804
2.949
153,712
2, 990
9, 436
56,291
10, 810
9,207
12, 202
15,197
13,919
15,021
15, 821
17, 326
13, 553
16,622
12, 826
11.976
192
154
199
191
234
313
i
I
366
292
206
295
411
759
I
|
164,480 j 3,612
301
13.707 |
T h o u - Thousands of
sands of
square
dollars
feet
296
269
355
364
352
350
331
332
266
406
307
235
27,315 173,459
3,863
14, 455
322
2,276
January
February
March
\pril
May June
July
August
September.
_. .
October
.
November
December.
Total
Monthly average...
139
145
167
142
113
131
119
127
152
175
191
226
..
.
..
Floor Valuaspace tion
Thousands of j
dollars
Projects
43
35
55
65
62
58
62
60
50
75
86
85
399
38
392
170
517
487
303
188
357
442
795
2,089
3,592
646
3,888
1,659
3,270
3,729
4,433
1,434
2,792
2,768
6,671
12,174
20, 638 108. 859
736
6,177
47, 056
9,072
61
515
3,921
1,720
buildin gs—
Public utilities Public works Residential
aJl types
4, 132
4, 843 i!
6 991 1
3, 079
6, 404
7
06 ! 7. 67? |
L147 ! 3 . 190
2
14, 188
1, 985 13, 547
119 10, 931
933
6, 764 1
2, 28 16,046 |
73
74
116
156
145
161
178 i
144
13S
167
98
71
»96
768
962
445
814
13, 522
97, 787
152
1,1 27
8,149
85
SI
?13
444
324
447
470
319
315
389
222
225
3 534
1
127
295
822
472
1,866
,854
1,774
1 511
2 ,809
,038
1,502
.450
1.334
1 .243
1
!
!
!
|
Proj- Valua- Proj- Valua- Projects
tion
ects
tion
ects
Floor Valuaspace tion
Floor Valua- Projects
space tion
ThouThou- ThouNum- sands of sands of Num- sands of
ber square dollars ber square
feet
feet
r
1.827
_
|
7,065
7,761
6,496
6,284
9,815
9,468
14, 564
10, 649
6,002
12, 032
8,854
9, 896
1,158
1,010
1,114
1,224
2,104
1,968
2, 659
1,969
1,227
2,325
1,828
2,052
Religious and memo- Social and recreational
buildings
rial buildings
Public buildings
ThouNum- sands of
ber square
feet
Thou- ThouThou- ThouNum- sands of sands
Num- sands of sands
o:
ber square dollars ber square dollarsof
feet
feet
3,720
5,768
10, 409
8,299
8,991
17,719
9,231
8,657
4,268
9,177
24, 668
62,552
705
1,071
1,874
1,470
1,453
2, 215
1,030
1,148
836
1,633
3,674
10, 206
Nonresidential buildings
Projects
Hospital and institutional buildings
Proj- Floor Valua- Proj- Floor Valua- Proj- Floor Valua- Proj- Floor Valua- Proj- Floor Valuaects space tion
ects space tion
ects space tion
ects space tion
ects space tion
Number
Month
Factory buildings
158
137
174 :
259
210
266
262
208
247 <
°15
262
Thousands of
dollars
436
272
309
667
542
272
546
461
676
540
729
1,211
?r ,675 ! I ,668 ; 6 ,661
555
,973
2, 818
1,917
2,624
3,957
3,261
2,915
5, 921
t, 196
3. 757
Thousands of
dollars
Number
Thousands of
dollars
8,707
156
122
3,885
6,475
161
158
7,319
132
5,419
138
9,146
198 i 13,810
4,422
182
176 12, 493
223 11,198
207
10,694
269 i 18,104
876
700
933
926
923
1, 087
1,050
1,358
1, 422
1,614
1,540
1,328
35, 699
23, 933
39, 779
33,170
25, 967
29, 991
40,083
65,118
63, 653
75,117
69, 645
76, 387
Number
''
|i
'
ii
"), 199
). 962 i
10, 646
60. 173 ^
•>, 014
2,122 1 111. 672
177
9, 306
13,757 578. 542
1, 146
48,212
Floor Valuaspace tion
Thou- ThouNum- sands of sands
ber square dollarsof
feet
2,900
2,964
4,732
6,098
6,268
6,166
6,356
5,808
5,602
6,230
4,756
3,856
5,528
4,569
8,809
11,887
13,136
13, 702
13,115
11,753
12, 002
16, 764
12, 253
11,899
61, 736 135,417
5,145
11,285
22, 410
16,617
32, 209
42,203
44, 902
49, 833
48, 395
40, 528
41,811
55,100
39, 695
45,140
478,
843
39,070
COMBINED INDEX OF WORLD PRICES—FOODSTUFFS AND RAW MATERIALS
[Monthly average 1923-25=100]
Month
1920
January
February
March
-
_._
. . . _ . -
April
-_ May
June
July
August
September
October
November
-December
Alonthly average
1
192t
1922
1923
68. 0
70.5
70. 7
71.7
93. 6
100.7
108.6
1924
103.2
87 e,
94.6
95.0
171.0
157.2
166.8
193. 0
207. 5
194.7
181.4
158. 1
128 0
111.4
99.2
84.5
86.8
84.3
81.3
80.3
78. 0
69. 0
65.4
66. 8
72.4
68. 6
66.6
68.5
77.4
81.0
79.1
77.5
85.6
90.4
92.2
105. 1
102.6
102.4
95.8
90. 7
100. 6
103 3
106.8
107. 9
93! 2
96. (>
94.9
98. 9
100. 6
98. 7
154. 4
74.0
78.3
101. 5
95. 2
1925
1926
98. 6
94.0
88.3
87. 1
98 9
99.3
98.9
93. 5
99. 3
101.2
107. 1
103. 2
103. 6
100.4
102.5
103. 0
S3.
83.
83.
SO.
79.
79.
100.9
85. 7
sl 3
5
2
0
2
3
8
1927
1928
1929
79.2
79. 1
79.0
79.6
82. fi
80.8
80.2
82.7
84.6
83. 8
83.2
83. 5
81.6
77. 7
79.4
79.0
SO. 2
77.7
76.3
71. 9
70. 6
71 8
71.8
72 2
72.8
74. 1
74.6
71.4
68. 6
67. 0
71.5
71.5
71.9
70 4
64.1
65. 0
64.4
59.7
58.7
59.1
56.2
51.8
48.4
46.0
42.3
42 5
43.0
41.3
81.5
75.9
70. 2
51.1
1930
1931
1932
1933
1934
38.7
38.8
37.8
37.1
35. f>
35.2
35. 6
32.0
30.8
30 9
31.0
28.4
28.6
28.2
27.5
26.2
25.1
23.9
26.0
30.0
31.9
29 3
27.2
25.0
24.5
24.3
26.4
27.9
33.2
36.3
41.5
38.1
40. 1
36 3
38.1
38.1
40.2
42.4
41 5
39.7
39.0
42 A
46.0
49.5
49.2
47 2
47.2
47.9
46 8
46 6
45 7
47.2
48.6
47.6
47 9
48.2
49.6
52 2
50.3
49.5
34. 3
27.4
33.7
44.4
48.4
1935
Computed by the U. S. Department of Commerce, Bureau of Foreign and Domestic Commerce and represents a revision of the combined index of "World prices" first
shown on pp. 20 and 21 of the 1932 annual supplement and in the monthly issues until The March 1936 issue. The occasion of the revision was the elimination from the
series of one of the components, the wholesale price of copper since copper stock figures have not been available since the end of 1931. The combined index of world stocks,
Digitized
FRASER
also for
revised,
is shown in p. 20 of this issue.
20
SURVEY OF CURRENT BUSINESS
May 1936
COMMERCIAL FAILURES, BY DIVISIONS OF INDUSTRY l
Month
LeathTotal ChemPaper, Stone,
TransTotal
Forest
man- icals
Iron er and Ma- print- clay, Tex- porta- Mis- wholeGrand ufacproding,
leather
chinand
glass
tion cella- sale
Foods
Fuels
and
total
tiles
tur- drugs
ucts
equip- neous trade
steel prod- ery p u b - proding
lishing ucts
ment
ucts
Total
retail
trade
Total Total
con- comstruc- mercial
tion service
Number
1934
1,317
January
1,017
February
1,069
March-1,020
April
942
May
- 992
June
870
July
872
August
771
September
_ -.
1,039
October __
882
November
933
December..11,724
Total
977
M o n t h l y ^ verage...
1935
8
15
6
6
8
7
5
7
5
6
3
4
53
45
59
55
51
53
43
44
37
63
34
42
10
10
19
12
11
12
14
11
11
7
13
8
4
2
3
3
2
3
2
1
2
1
6
5
11
7
9
17
12
16
8
12
8
6
3
10
80
7
579
48
138
12
34
3
119
10
195
168
170
180
172
166
172
132
143
210
169
180
9
10
6
7
10
6
5
1
9
6
8
10
56
38
40
39
37
48
40
43
45
57
38
35
2,057
87
7
516
43
14
15
25
20
14
10
14
9
6
16
12
11
166
14
3
1
5
3
2
5
6
1
7
33
3
9
6
14
9
7
5
11
6
5
13
9
8
102
9
208
175
194
177
165
205
157
180
142
175
149
161
2,088
174
1,146
956
940
1,083
1,004
944
902
884
787
1,056
898
910
FpbruBxv
April
M!ay
June
July
August
September
October
November .
December
11, 510
Total
959
Monthly average...
171
8
8
9
4
6
6
7
7
10
3
8
6
82
16
5
12
8
4
13
5
10
8
4
5
9
25
99
194
7
8
16
5
8
5
7
7
9
8
7
9
9
7
9
12
8
6
3
12
11
8
16
13
11
19
14
4
9
10
12
13
10
12
143
12
8
10
10
7
84
7
101
8
23
17
13
11
20
11
16
11
16
16
15
11
3
10
9
3
6
2
3
4
6
3
6
30
33
27
23
30
45
40
41
21
33
35
31
5
66
6
114
86
78
89
89
62
79
78
63
82
73
89
852
7
4
4
27
21
18
24
22
21
18
25
22
23
19
21
389
32
47
4
261
22
982
82
7,127
6
2
3
10
1
5
6
10
1
5
5
6
38
41
26
34
43
40
51
32
30
48
39
47
8
4
2
5
2
4
27
22
29
20
27
18
17
10
17
18
23
28
734
581
587
680
630
589
551
557
489
633
559
548
60
5
469
39
3
5
3
5
3
2
3
3
3
256
21
98
83
75
93
79
88
81
94
71
81
65
75
983
82
3
2
6
3
1
40
635
631
599
556
603
513
510
464
654
539
571
594
7,138
595
76
65
92
79
68
61
64
53
67
67
69
58
67
56
74
76
64
61
57
51
35
61
52
54
819
68
708
59
62
59
45
68
56
54
55
53
38
74
58
54
676
56
57
65
63
62
67
47
43
48
46
58
47
53
656
55
2,245
2,240
3,083
2,057
2,146
1,715
1,734
1,382
2,118
1,863
2,102
1,615
2,943
1,129
937
3,550
2,552
1,093
1,526
1,257
1,064
1,290
562
956
24, 300
2,025
18, 859
1,572
1,646
2,490
1,162
1,628
1,461
1,079
1,294
1,471
1,185
2,792
2,948
1,971
1,183
821
1,492
1,502
1,083
1,177
1,525
469
2,602
1,187
731
2,969
16, 741
1,395
Liabilities (Thousands of Dollars)
1934
January
7,081
29,035
February
.
4,296
16,772
March
9,375
24,002
April
7,802
22,871
May
7,791
20, 787
7,910
June
20, 591
5,098
16, 555
July
6,027
August
15, 703
5,427
September
15, 552
October
3,998
16,973
4,700
November
14, 376
6,104
16, 981
December
Total
230,198 75, 609
Monthly average... 19,183 6,301
1935
January
14 603
3 690
February
15, 217
4,636
March
15 361
5 660
April ,
3, 985
16, 529
14 339
May
4 664
12,918
3,580
June
16, 523
5,237
July
4 297
13 266
August
September
17, 002
2,840
October
17,185
4,984
3,954
14,384
November
4,358
15, 686
December
Total
, _ 183,013 51, 885
Monthly average... 15, 251 4,324
933
567
2,216
586
1,968
1,388
1,305
1,236
578
520
825
522
88
20
154
2,234
114
24
203
265
440
57
110
199
1,404
421
224
388
1,053
843
476
524
558
286
358
430
4,940
1,910
2,665
2,080
1,691
2,293
2,095
1,656
1,698
2,340
1,308
1,798
4,293
358
671
570
513
797
145
444
856
174
98
213
399
2, 221
7,101
592
2,585 12,644
215 1,054
3,908
326
6,965
580
26, 474
2,206
11, 826
7,197
7,942
7,382
6,607
7,580
6,102
5,381
5,245
7,482
5,704
6,508
84,956
7,080
159
185
335
97
349
306
79
275
30
168
404
128
2,515
210
186
274
113
373
714
13
379
110
94
466
129
186
3,037
253
62
492
125 1,000
117
515
354
725
12 1,242
567
720
496
875
385
856
8
617
268 1,171
63
715
109
763
2,566 9,691
214
808
133
236
16
96
22
290
332
744
882
319
437
166
340
115
201
195
487
316
4,534
378
1,502
1,707
1,755
1,966
1,242
1,398
2,140
1,809
1,836
2, 318
1,380
1,611
20, 664
1,722
6.582
5,563
5,292
7,448
5,889
5,684
6,327
5,220
8,539
5,904
5,371
4,777
72, 596
6,050
1,277
1,146
2, 587
1,933
1,732
1,593
671
1,527
536
1,377
1,591
733
436
293
1,030
368
976
458
250
360
857
947
343
630
667
32
322
196
20
511
208
400
105
250
625
423
570
153
359
532
1,315
728
354
1,073
390
68
139
218
188
107
281
35
176
462
130
123
458
60
89
72
519
52
615
383
37
876
119
180
869
23
50
570
2,623 16, 703
219 1,392
6,948
579
3,759
313
5,899
492
2,181
182
134 1,416
164
626
794
62
652
382
202
797
560
91
88 1,347
8
802
260 1,029
122 1,038
442
967
645
196
2,151 10, 673
179
889
342
413
1,201
540
341
484
150
322
71
1,026
195
905
143
12
138
525
587
58
77
4
831
2,375
198
364
561
1 393
103
410
57
631
801
65
210
52
198
4,845
404
70
308
232
201
126
188
327
39
881
164
225
112
254
451
108
295
38
20
36
5, 990
499
275
175
143
71
2,116
176
289
54
910
125
143
329
75
57
243
159
151
50
36
132
68
353
10
1,392
116
21,127
1,761
i Compiled by Dun & Bradstreet, Inc., and represents a revision of data formerly appearing in Survey. The change in coverage is confined to the elimination of realestate and insurance brokers, holding andfinancecompanies, shipping agents, tourist companies, transportation terminals, and such, all of which were included in the old
group called agents and commercial service. The coverage of the other three groups is unchanged, although the building trades have been segregated in a new class of construction. Most of these failures were transferred from the manufacturing class. As in the past, the records do not include so-called personal bankruptcies of persons
such as doctors, dentists, and lawyers. The effect of this revision on the totalfiguresis a reduction in the number of failures in 1934 from 12,185 to 11,724 and in 1935 from
11,879 to 11,510. The revision is more significant in connection with liabilities, the total amount of liabilities being reduced on a rough average of three to four million
dollars a month. The greatest change within the groups is the reduction of the manufacturing group by 952 failures in 1934 and 785 in 1935, which were transferred to the
new group (construction). The data have been revised for the years 1934 and 1935 only, but it is hoped that it will be possible to revise the totals for earlier years.
COMBINED INDEX OF WORLD STOCKS—FOODSTUFFS AND RAW MATERIALS 1
[Monthly average 1923-25=100]
1920
Month
January
_ _
February
March.
_.
April
May
June
July.
August
September _.
October
_ _.
November
December
Monthly average
1
. _. _
112
119
117
125
122
118
117
115
112
113
114
116
117
1921
114
115
116
125
130
133
141
146
138
128
118
112
126
1922
109
110
103
107
105
103
97
94
95
102
99
99
102
1923
99
95
91
87
84
83
85
87
93
95
92
106
91
1924
96
97
96
97
98
100
98
99
93
101
105
106
99
1925
106
106
106
105
106
102
98
99
111
112
111
118
107
1926
117
117
118
118
123
123
132
132
134
132
131
136
126
1927
139
142
143
144
148
149
155
159
152
148
151
147
148
1928
1929
1930
147
148
150
153
157
160
155
151
156
160
162
167
169
168
170
167
174
174
174
178
182
193
194
197
200
201
207
211
221
234
234
239
243
234
237
241
155
178
225
1931
246
250
256
254
267
269
270
268
257
260
265
264
261
1932
268
263
276
273
285
285
274
268
262
256
260
262
269
1933
263
259
261
267
269
267
266
262
256
248
253
246
260
1934
1935
253
245
249
258
260
259
265
262
250
236
229
229
224
222
222
223
219
213
205
209
212
213
215
213
250
216
Computed by the U. S. Department of Commerce, Bureau of Foreign and Domestic Commerce, and represents a revision of the series first shown on p. 20 of the September 1932 Survey. The revision was occasioned by the elimination of the series—world stocks of copper—for the period January 1921 through October 1931. Both the
world stock and the world price series are now based on 8 commodities. The weights now assigned to the world stock index are, total 30, coffee 2, cotton 9, rubber 3,
silk 2, sugar 6, tea 1, tin 1, and wheat 6.
21
SURVEY OF CURRENT BUSINESS
May 1936
WEEKLY BUSINESS INDICATORS *
[Weekly average, 1923-25=100]
1935
1936
ITEM
Business activity:
New York Times*
Business Week* 1
Commodity prices, wholesale:
Dept. of Labor, 1926=100:
Combined index (784)
Farm products (67)
Food (122)
All other (595)
Fisher's Index, 1926=100:
Combined index (120)
Copper, electrolytic
Cotton, middling, spot .
Construction contracts J
Distribution: CarloadingsEmployment* Detroit, factory
Finance:
Failures, commercial
Security prices:
Bond prices!
Stock prices!
1936
1934
ITEM
Apr. Apr. Apr. Apr. Mar. Apr. Apr. Apr. Apr.
11
4
21
25
28
27 20
18
28
99.0 98.2 98.7 97.3 93.8 81.2 84.1 84.7 84.6
71.6 71.3 71.0 71.0 67.7 61.1 62.8 66.1 65.9
79.2
76.3
79.7
78.8
82.5 82.6 82.5 82.5
67.4 65.2 65.2 65.2
43.4 43.0 43.0 42.6
52.4
79.6
77.8
80.4
79.0
79.7
77.4
81.1
79.1
79.5
76.9
80.2
79.0
79.3
76.8
79.7
78.8
82.6
65.2
42.6
46.3
80.3
81.7
85.4
77.5
81.8
63.8
45.2
27.7
80.3
81.8
85.3
77.3
73.5
59.1
66.6
79.2
81.5
63.8
43.8
32.6
73.1
50.6
41.2
27.7
73.3
59 7
66.6
78.8
73.2
50 7
43.4
30.8
69.5 67.0 64.9 64.0 62.6 58.3 63.7 63.6 61.7
112.7
104.2
101.5 110.8
42.8 52.8 54.3 47.7 61.2 62.2 64.4 65.1
113.6 114.1 114.3 113.8 114.0 106.3 106.0 106.1 106.0
123.2 127.6 128.6 126.6 125.1 90.4 88.2 94.9 95.7
• Data do not cover calendar weeks in all cases.
T
Finance—Continued.
Banking'
Debits outside N. Y. C.|...._
Federal Reserve reporting
member banks:§
Loans, total
Interest rates:
Call loans!
Time loansJ
Money in circulation!.
Production:
Automobiles
Bituminous coali
Cotton, consumption
Electric powerf _ __
Lumber
Petroleum
Steel ingots
Receipts, primary markets:
Cattle and calves _
Hogs
.
Cotton
Wheat
* Computed normal=100.
\ Latest week is preliminary.
§ Figures cover 101 leading cities instead of 91 as heretofore.
1935
1934
Apr. Apr.
21
28
Apr. Apr. Apr. Mar. Apr.
11
4
27
18
28
87.1 100.8
87.6 103.8 78.0 73.4 82.5 69.9 77.9
66.7
67.0 67.1 65.6 64.8 64.7 68.9 69.7
67.0
18.2 18.2 18.2 18.2 18.2 6.1 9.7 24.2 24.?
22.9 22.9 22.9 22.9 22.9 5.7 8.9 22.9 22.9
121.0 121.4 121.8 121.5 120.5 112.9 113.8 110.1 110.5
158.0
69.6
95.1
116.0
51.2
140.8
93.4
157.1 147.9 142.1 129.0 145.4 144.5 125.0 118.8
66.5 71.7 72.5 61.7 47.7 58.1 57.6 57.3
99.7 97.8 97.4 81.7 84.0
102.2
37.8
124.3
61.8
114. 9 116.1 115.0 112. 1 100.4
49.6 48.4 47.6 47.6 38.8
140.9
138.0 138.1 122.9
92.1 86.8 82.9 77.6 60.5
74.5 68.8
37.7 34.9 39.9
30.8 40.4 30.8
21.7 14.4 21.0
73.9
42.4
37.3
24.6
t Daily average.
70.3
42 2
43.4
25.7
73.1
35.3
29.2
29.0
71.5
33.1
23.1
16.9
94. 6
100.2
38.3
117.6
72.4
96.0
100.4
38.9
116.7
69.7
77.6
74.9
47.7
21.3
82.4
65.7
53.1
26.8
t Weekly average, 1928-30=100.
WEEKLY BUSINESS STATISTICS*
1936
COMMODITY PRICES, WHOLESALE
Copper, electrolytic, New York
dol. perlb_.
Cotton, Middling, Spot, New York
dol. per lb_.
Food index,(Bradstreet's)
dol. per lb_.
Iron and steel composite
dol. per ton..
Wheat, No. 2 Hard Winter (K. C.)
dol. per bu_.
Banking:
FINANCE
Debits, New York City
mills, of dol.
Debits, outside of New York City..mills, of dol.
Federal Reserve banks:
Reserve bank credit, total
mills, of dol
Bills bought.
mills, of dol.
Bills discounted—
mills, of dol.
U. S. Government securities
mills, of dol.
Member bank reserve balances....mills, of dol.
Excess reserves, estimated
mills, of dol..
Federal Reserve reporting member banks :§
Deposits, net demand, adjusted...mills, of dol.
Deposits, time
mills, of dol.
Investments, total
mills, of dol.
U. S. Government direct obligations
mills, of dol.
Obligations fully guaranteed by U. S. Government
mills, of dol..
Loans, total
..mills, of dol.
On securities
mills, of dol.
All other
.mills, of dol_.
Interest rates, call loans
.
percent..
Interest rates, time loans
_
percent..
Exchange rates:
French franc (daily av.)
cents..
Pound sterling (daily av.)
...dollars..
Failures, commercial t
number..
Money in circulation
mills, of dol_.
Security markets:
Bond sales (IV. Y. S. I?.)., thous. of dol. par value..
Bond prices, 40 corporate issues
-dollars..
Stock sales (N. Y. S. E.)._
thous. of shares..
Stock prices (IV. Y. Times)
__dol. per share..
Stock prices (Standard Statistics) (421)..1926= 100..
Industrial (351)
1926=100..
Public utilities (37)
1926=100..
Railroad (33)
.1926=100..
PRODUCTION, CONSTRUCTION, AND
Production:
DISTRIBUTION
Automobiles (Cram's estimate)
number..
Bituminous coal (daily av.)_thous. of short tons..
Electric power
.
mills, of kw.-hr..
Petroleum
..thous. of bbl_.
Steel ingots (Dow-Jones' est.)
pet. of capacity..
Construction-contract awards (da. av.)_.th. of dol..
Distribution:
Freight-car loadings, total
cars_.
Coal and coke
cars..
Forest products
cars..
Grain and products
cars..
Livestock
cars..
Merchandise, 1. c. 1
cars..
Ore
cars..
Miscellaneous..
cars..
Receipts:
Cattle and calves
thousands..
Hogs
. . . .thousands..
Cotton into sight
.thous. of bales..
Wheat at primary markets
thous. of bu..
1935
1934
1933
Mar. 28
Mar. 21
Apr. 27
Apr. 20
Apr. 28
Apr. 21
0.090
.116
2.57
33.13
1.02
0.090
.116
2.59
33.13
1.02
0.090
.114
2.59
33.05
1.05
0.088
.123
2.68
32.30
1.05
0.088
.119
2.71
32.31
1.07
0.083
.112
2.11
33.09
.70
0.083
.118
2.11
33.12
.73
0.060
.075
1.75
27.90
.66
3,733
4,060
5,124
4,814
3,574
3,618
5,247
4,326
3,102
3,402
3,667
3,241
4,366
3,611
3,125
2,4S9
2,477
5
6
2,430
5,333
2,548
2,479
5
6
2,430
5,161
2,384
2,477
2,485
5
6
2,430
5,077
2,338
2,485
5
6
2,430
5,059
2,314
2,430
5,144
2,393
2,452
5
7
2,430
4,619
2,264
3,571
3,828
2,470
5
7
2,431
4,501
2,C95
2,486
10
40
2,430
3,744
1,691
2,493
13
40
2,430
3,665
1,619
2,412
177
385
1,837
2,136
377
14,189
4, 985
13,451
13, 996
4,958
13,426
13,890
4,956
13, 362
13,578
4,909
13,229
13,747
4, 921
13,407
13, 771
4,922
13, 387
12,158
4,940
11, 787
11,989
4,930
11,840
12, 907
4,954
9,887
12, 803
4,917
9,845
10, 74 2
4,684
7,976
8,805
8,796
8,791
8,643
8,860
8,865
7,912
7, £63
6,678
6,619
4,856
1,277
8,332
3,282
5,050
.75
1.00
1,267
8,370
3,294
5,076
.75
1.00
1,267
8,369
3,295
5,074
.75
1.00
1,265
8,392
3,313
5,079
.75
1.00
1,264
8,204
3,210
4,994
.75
1.00
1,257
8,250
3,269
4,981
.75
1.C0
784
8,096
3,173
4,923
.25
.25
788
8, 088
3,131
4,957
.40
8,615
3,6S6
4,919
1.C0
1.C0
8,7C6
3,766
4,940
1.C0
1. CO
8,810
3,808
5,002
1.C0
1.C0
6.586
4.93
193
5,874
6.592
4.94
174
5,895
6.594
4.95
215
5,916
6.591
4.95
221
5,894
6.6C6
4.96
194
5,851
6.634
4.97
218
5,857
6.598
4.83
249
5,480
6.953
4.85
253
5,517
6.650
5.14
262
5,346
6.622
5.15
265
5,264
4.369
3.81
452
6,015
52, 360
101. 67
8,995
119.62
106.3
122.3
99.4
47.5
57,110
102.16
7,824
123. 92
109.3
125.7
101.7
49.8
48,930
102. 37
7,712
124.86
110.6
127.1
103.4
50.0
53, 580
101. 94
8,443
122.93
109.3
125.9
101.5
48.5
59,890
102.07
9,572
121. 46
108.8
125.4
101.5
48.3
61, 580
102.14
10, 568
120. 84
107.8
123.7
102.1
48.2
73,970
95.19
7,685
87.78
70.2
81.6
62.9
30.9
47, 680
94.88
4,401
85.64
68.1
79.9
58.8
29.4
81,2C0
94.99
6,393
92.13
79.4
87.9
76.9
48.9
SO, 800
94.93
7,892
92.94
80.1
88.7
77.4
49.4
75,100
75.86
18,659
64.34
53.7
56.0
67.9
30.7
120, 519
1,186
1,933
2,933
71
119, 834
1,131
1,915
2,935
70
8,410
112,818
1,223
1,934
2,890
108,426
1,234
1,916
2,874
64
98,415
1,050
1,867
2,876
59
7,434
95, 223
939
1,860
2,836
51
7,660
110,970
813
1,673
2,561
46
4,449
93, 577
989
1,702
2,590
47
5,228
95, 336
1,051
1,669
2,450
55
4,444
90, 660
975
1,673
2,431
53
4,953
54,883
816
1,428
2,383
29
2,481
666,181
131,614
32, 205
33,105
14,032
161, 006
11, 098
283,121
642, 657
116, 627
31, 656
30,177
12,972
161,833
9,569
279,823
622,138
118,864
28,911
29,344
11,177
161,806
8,792
263, 244
613, 867
105, 535
28,589
29,968
11,557
162, 612
5,953
269, 653
600,487
102,802
29,947
29,676
12,200
157,162
4,744
263, 956
88, 929
30,403
32,368
12,183
147,939
5,889
249,097
558,936
88,850
26,824
26, 991
18,931
158,920
12,817
230,603
611,141
121, 772
26,267
29,426
12, 500
159,815
11,829
249,532
609, 704
122, 269
25,028
26, 514
18,470
165,436
9,414
242, 573
591, 705
107,839
23,921
26,307
18,689
165,836
8,430
240, 683
538,809
82,034
18, 958
41, 623
20,394
162, 327
5,727
207,746
234
275
97
1,958
236
245
80
1,725
217
227
105
1,142
228
259
80
1,671
222
274
118
2,048
224
296
90
2,454
231
229
76
2,305
226
215
60
1,341
245
486
124
1,695
260
427
138
2,129
209
531
165
3,485
Apr. 25
Apr. 18
Apr. 11
0.093
.118
2.59
33.08
1.06
0.090
.117
2.64
33.09
1.04
0.090
.117
2.60
33.11
.99
4,092
4,038
3,916
3,895
2,475
5
5
2,430
5,442
2,635
Apr. 4
Figures cover 101 leading cities instead of 91 as heretofore.
• Data do not cover calendar weeks in all cases.
Digitized forj FRASER
\ Data on commercial failures for 1936 are on a revised basis. See note on p. 20. Data for earlier years not yet revised.
Apr. 29
22
SURVEY OF CURRENT BUSINESS
May 1936
Monthly Business Statistics
The following summary shows the trend of industrial, commercial, and financial statistics for the past 13
months. Statistics through December 1931 for all series except those marked with an asterisk (*) will be
found in the 1932 Annual Supplement to the Survey of Current Business, together with an explanation of the
sources and basis of the figures quoted. Series so marked represent additions since the Annual was issued and
similar information, if published, will be found in the places noted at the bottom of each page. Note, however, that many revisions have occurred since the last Annual Supplement was published. A special supplement was included in the April 1935 issue, pages 57 to 72, inclusive. This supplement gave the
monthly averages of all current series for the years 1932, 1933, and 1934.
The terms "unadjusted" and "adjusted" used to designate index numbers refer to the adjustment for
seasonal variation.
Data subsequent to March will be found in the Weekly Supplement to the Survey.
Monthly statistics through December 1931,
together with explanatory footnotes and references to the sources of the data, may be found
in the 1932 Annual Supplement to the Survey
1935
1936
March
March
April
May j June
BUSINESS
1936
Decemj August SeptemOctober November
ber
ber
i July
Janu- I February j ary
INDEXES
BUSINESS ACTIVITY (Annalist) |
Combined index!...
normal = 100. J
89.0
Automobile production!
normal = 10(L_
109.7
Boot and shoe productionf—normal = 100—
117. 0
Carloadings, freight
normal = 100. _j
65.6
Cement production
normal=100._j
52,8
Cotton consumption
normal = 100. _'
95. 2
Electric power production.__normal = 100__i 110. 4
Lumber production!
normal = 100__
77.
Pig-iron production
.
normal = 100_.
61.2
Silk consumption
normal = 100._
52.6
Steel ingot production!
normal = 100__
70.3
Wool consumption!
normal = 100. _
Zinc production.__
.normal = 100._
74.1
81.5
102.1
116.8 ;
66.8
43.1
82.5 !
98.8
60.0
54.4
70.1
52.3
102.7
64.6
80.6
98.7
117.1
63.4
47.6
78.9
98.7
61.6
50.9
68.3
58.8
129.7
67.2
79.3
75.8
113.9 !
61.5 I
49.4
81.7 i
99.3 !
45.8 i
51.5 !
66.7
58.6
154.4
65.0
79.5
80.7 ;
82.7
83.6
83.5 !
66.1
103.2 : 115.1 I 110.6
63.1 : 58.4 I 60.8
52.1 ! 45.9 | 40.4
74.8 !
78.1
80.7 !
102.2 ! 103.5 ]
105.9
52.5 !
73.9
64.1 I
49.3
50.0 | 57.8
61.8
64.0 | 64.9
57.1
58.3 | 72.9
125.3
140.0 I 139.7
70.5
70.6
72.1
114.2
62.5
43.0
87.4
105.1
80.8
61.8
74.5
77.0
125.9
72.1
87.4
79.8
115.2
65.8
45.7
96.4
105.0
77.8
66.5
75.0
77.0
151.9
68.7
87
87
69
57
74
169
79
116
90
89
29
59
81
181
83
120
78
59
86
193
85
115
169
91
51
99
139
85
36
57
109
57
136
59
75
87
89
78
44
76
167
81
105
173
97
64
106
143
92
65
61
119
56
139
68
79
90
91
71
47
78
179
84
104
176
91
35
116
148
100
62
82
105
70
141
74
78
95
95
94
52
83
193
88
105
169
92
35
104
130
81
36
58
54
60
133
59
81
172
102
64
106
129
87
65 I
58
62
59
135
71
84
176
104
48
113
138
93
48
74
62
68
140
75
80
83.6
|
!
|
I
i
|
!
,
j
'
90.5 |
118.9 i
119.8 i
66.4 I
51.8 |
91.3 |
107.9
76.0 I
72.2
61.6 !
80.9 !
141.2 i
70.8
"94.9
121.8
148.5
70.5
55.4
102.6
109.5
78.6
76.2
63.3
86.8
133.0
74.3
91.3
°87.8
108.0
«89.8
135. 6 : 115.0
69.8
70.7
42.3 | 42.7
|
101.4
92.9
' 109.7 " 110. 1
82.0
j
73.8
I 68.8 ' * GO. 8
| 52.9
47.8
| 69.6
67.0
117.3
; 124.0
76.0
68. 1
!
1
INDUSTRIAL PRODUCTION (F.B.B.)
Total, unadjusted
1923-25 = 100—
Manufactures, unadjusted.__ 1923-25 = 100._
Automobiles!
1923-25 = 100..
Cement
1923-25 = 100..
Food products
__ 1923-25=100._
Glass, plate
1923-25=100..
Iron and steel!
1923-25 = 100..
Leather and shoes!
1923-25 = 100..
Lumber
1923-25 = 100..
Paper and printing
1923-25=100-.
Pe troleum refining
1923-25 = 100_.
Rubber tires and tubes
1923-25=100..
Shipbuilding
1923-25=100..
Textiles
1923-25 = 100..
Tobacco manufactures
1923-25= 100..
Minerals, unadjusted
1923-25 = 100..
Anthracite
1923-25=100..
Bituminous coal
1923-25 = 100..
Iron-ore shipments
1923-25 = 100. _
Lead
1923-25=100..
Petroleum, crude.
-.1923-25=100..
Silver
1923-25=100..
Zinc
1923-25 = 100..
Total, adjusted
1923-25=100..
Manufactures, adjusted
1923-25=100..
Automobiles!1923-25=100..
Cement
..1923-25=100. _
Food products
1923-25=100..
Glass, plate
._ 1923-25=100Iron and steel!
1923-25=100..
Leather and shoes!
1923-25=100..
Lumber
1923-25= 100..
Paper and printing
1923-25 = 100..
Petroleum refining
1923-25 = 100 .
Rubber tires and tubes
1923-25=100. _
Shipbuilding...
__.. 1923-25=100..
Textiles
_ .1923-25=100..
Tobacco manufactures
1923-25=100..
Minerals, adjusted
..1923-25=100..
Anthracite—
1923-25=100..
Bituminous coal..
1923-25=100..
Iron-ore shipments
1923-25=100. _
Lead
1923-25=100..
Petroleum, crude.
.1923-25=100..
Silver
1923-25=100..
Zinc
1923-25=100—
a
r 97
p 98
125
42
86
194
94
v 109
91
91
130
34
75
199
81
113
91
141 :
50 |
76 !
205
74
112
87
108
65
78
169
72
105
84
114
71
73
165
66
100
83100
63
74
168
64
107
153
102
69
100
124
90
45 j
87 !
153
103
88
100
127
79
72
51
160 I
96 |
56
130
55 j
78 I
167
81
22
97
152
84
51
50
102
57
137
62
75
106
47
77
183
72
110
57 ,
130
49
78
86
86
110
51
80
185
67
115
166
95
27
95
150
97
85
71
105
55
136
46
76
86
84
100
58
74
162
66
104
153
88
91
98
138
87
69
60
59
» 144
85
55
132
50
74
58
130
49
75
166
79
21
100
138
98
97
79
53
55
133
47
79
168
83
v 100
140
*>94
153
93
89
98
130
97
54
87
102
132
v 88
P 40
•p 6 9
60
143
90
v 94
*94
110
58
87
178
83
* 106
71 I
101 !
136
88
71
60
80
62
132
50
73
85
84
86
55
78
155
66
114
160
75
56
102
134
53
63
131
51
73
95
52
74
169
69 I
109
15
,
105
140
84
62 I
55
50
59
134
73
97
98
125
58
86
192
89
1
104
105
111
140
95
50
80
37
70
143
73
82
115
59
82
200
96
109
176
133
119
106
137
92
48
71
44
67
144
68
82
96
96
126
46
82
202
90
a
106
174
99
138
105
119
95
108
29
92
201
83 •
109 !
• 96
a 94
94
29
82
174
87
1
112
172
170 j
89
'107 i
100
92 i
110 !j » 108
141
135
• 100! I > 106
75
99
"98
88 i
70
142
68
86
104
104
126
59
83
269
103
124
63
142
96
89
98
97
111
47
92
225
86
117
64
140
105
82
«94
"92
91
49
84
161
83
1
110
173
142
179
111
147
101
71
77
169
»116
129
105
148
103
70
80
172
82
141
102
148
110
93
70
146
63
148
95
84
84
1
1
62
143
97
Revised.
v Preliminary.
t Revised series, refer to t h e indicated pages of the m o n t h l y issues for revisions; Annalist indexes complete, annually 1920-28, m o n t h l y J a n u a r y 1929-December 1932,
October 1933, p . 19; Annalist indexes, combined, automobile and steel-ingot production for 1933, August 1934, p . 22; Annalist indexes, boot-and-shoe production for 1934,
April 1935, p. 22; Annalist indexes, combined, automobile production and wool consumption revised for 1934, July 1935, p . 22; Annalist indexes, lumber production for 1934,
p . 22 of the September 1935 issue; Federal Reserve Board indexes, leather and shoe production J a n u a r y 1919-October 1933, J a n u a r y 1934, p . 19; automobile and steel production for 1933, September 1934, p . 22; leather a n d shoe production, 1935, p . 22, April 1936.
23
SURVEY OF CURRENT BUSINESS
May 1936
Monthly statistics through December 1931, 1936
together with explanatory footnotes and references to the sources of the data, may be found
in the 1932 Annual Supplement to the Survey March
1936
1935
March
April
May
June
July
DecemOctober NovemAugust September
ber
ber
January
February
BUSINESS INDEXES—Continued
MARKETINGS
Agricultural products * (quantity)
1923-25=100Animal products
1923-25=100..
Dairy products
1923-25=100
Livestock
1923-25=100Poul try and eggs
1923-25=100
Wool
1923-25=100Crops
1923-25=100
Cotton
1923-25=100Fruits
1923-25=100
Grains
1923-25=100..
Vegetables
1923-25=100
Agricultural products, cash income received
from marketings of:*f
Crops and livestock:
Unadjusted
1924-29=100..
Adjusted
1924-29=100
Crops, adjusted
1924-29=100..
Livestock and products, adjusted
1924-29=100..
Dairy products, adjusted..1924-29=100..
Meat animals, adjusted—.1924-29=100..
Poultry and eggs, adjusted. 1924-29=100..
67
77
95
65
108
37
56
41
72
51
98
54
66
76
57
91
35
41
35
67
24
86
57
75
89
61
111
54
39
19
82
27
90
63
82
116
61
117
130
44
23
89
33
94
61
81
144
52
98
315
40
19
69
31
103
70
86
145
58
81
510
53
32
88
59
68
78
75
109
65
63
256
80
63
85
109
45
106
76
100
72
65
146
135
200
85
107
73
124
82
89
84
69
89
167
280
126
85
103
98
77
72
69
106
83
119
202
66
66
71
78
76
74
68
106
40
79
119
65
49
59
68
74
85
74
70
48
61
72
58
46
74
57
61
85
57
59
35
53
57
65
34
85
60.5
69.0
62.5
51.0
60.0
54.0
55.5
69.0
66.5
57.0
64.0
57.0
52.0
60.0
54.5
53.5
60.5
54.5
64.5
62. 5
54! 5
75.5
63.5
55.0
94.0
67.0
58.0
78.0
66.5
57.0
70.5
66.0
55.5
66.0
68.0
56.0
« 55.0
0
65. 5
56.1
76.0
82.0
74.5
78.0
66.0
75.0
63.5
66.0
72.0
81.5
67.5
74.0
71.5
77.5
67.5
78.0
66.5
73.0
59.5
77.5
67.0
71.5
61.5
77.5
70.5
71.0
73.0
68.0
72.5
74.0
70.5
77.5
76.5
73.0
79.0
79.0
76.5
75.0
75.0
90.0
76.5
79.5
76.5
80.0
80.5
84.0
84.0
69.0
a
114
104
132
62
109
115
80
119
70
115
156
100
121
81
92
84
194
126
103
122
75
116
96
80
156
67
113
158
117
142
92
125
93
208
119
101
117
69
114
98
81
151
60
113
157
119
132
87
114
90
195
113
102
116
72
113
101
80
149
62
114
lf>2
121
121
84
99
95
179
110
105
117
83
113
102
79
155
63
114
168
127
114
81
93
101
168
110
107
117
90
114
101
79
159
72
113
170
107
113
78
102
90
155
115
106
114
89
113
105
78
155
70
112
165
103
121
79
120
92
157
127
106
120
87
114
107
79
148
63
114
162
99
141
98
136
96
186
136
104
117
77
114
108
79
136
55
114
154
101
160
115
144
88
225
136
101
118
63
115
109
81
124
47
115
161
103
161
111
141
88
235
133
103
121
66
117
109
79
122
39
115
170
105
154
107
127
86
233
127
a 104
124
70
-114
110
83
a
119
54
115
a
166
" 104
144
98
112
87
225
122
105
« 132
05
112
122
81
115
61
113
167
104
134
-88
103
86
213
222
338
162
361
205
306
153
93
161
223
336
151
363
211
320
162
80
162
219
334
158
356
201
295
155
80
186
213
332
148
375
211
275
151
69
163
205
350
136
391
177
259
147
63
172
209
357
147
384
179
246
139
64
174
212
370
159
369
194
226
138
57
188
213
378
169
355
176
228
133
64
188
215
399
169
328
166
259
129
72
176
213
397
170
» 322
163
248
128
66
186
M79
371
165
-319
184
256
124
64
172
« 206
374
154
a 318
197
263
123
75. 5
85.0
«75.0
62.5
STOCKS
Domestic stocks
1923-25=100
Manufactured goods
1923-25=100..
Chemicals and allied prod. 1923-25=100..
Food products
1923-25 = 100—
Forest products
1923-25 = 100
Iron and steel products
1923-25=100..
Leather
1923-25=100..
Metals, nonferrous
1923-25= 100..
Paper, newsprint.
1923-25= 100..
Rubber oroduets
1993-25=100
Stone, clay, and glass
1923-25=100..
Textiles
.
1923-25=100..
Raw materials
^ 1923-25=100
Chemicals and allied prod_1923-25=100._
Foodstuffs
1923-25=100 „
Metals
------II"l923-25=100"
Textile materials
1923-25=100
World stocks—foodstuffs and raw materials:
TotalfA
1923-25=100..
Coffee—adj. for seasonal...1923-25=100..
Cotton—adj. for seasonal..1923-25 = 100..
Rubber—adj. for seasonal f-1923-25=100__
Silk—adj. for seasonal
1923-25=100
Sugar—adj. for seasonal! 1923-25 = 100
Tea—adj. for seasonal—1923-25=100..
Tin—unadjusted
1923-25 = 100
Wheal—adj. for seasonal"" 1923-25-loo"
382
161
304
133
152
COMMODITY PRICES
COST OF LIVING (N. I. C. B.)
Total, all groups
1923=100..
Clothing
1923=100..
Food
1923 = 100-Fuel and light
....1923=100Housing
1923=100..
Sundries
1923=100FAItM PRICES (Dept. of Agri.) §f
Total, all groups
1909-14=100..
Chickens and eggs
1909-14 = 100-Cotton and cottonseed
1909-14=100..
Dairy products
1909-14=100Fruits
1909-14=100..
Grains
1909-14=100-.
Meat animals.
1909-14=100..
Truck crops
1909-14=100..
Miscellaneous
1909-14 =100. .
RETAIL PRICES
D e p a r t m e n t of Labor indexes:
Coal*
1913 100Food 1
...1923-25 100. .
Fairchild's index:*
Combined index
Dec. 1930 = 100Apparel:
Infants' wear
„ _ D e c . 1930=100..
Men's
Dec. 1930=100-.
Women's
Dec. 1930=100-Home furnishings
. . D e c . 1930=100..
Piece goods
Dec. 1930=100..
84.1
74.0
84.3
87.1
74.7
93.7
82.4
76.0
83. 3
87.1
67.9
93.0
83.2
75.4
85.4
86.0
68.7
93.0
75.0
85.1
83.9
69.6
92.5
74.5
84.2
83.7
69.9
92.7
82.6
74.4
83.3
83.7
70.5
93.1
83.0
74.2
83.7
84.0
71.5
93.1
83.5
74.3
84.8
84.7
72.1
93.1
84.8
74.5
86.9
86.7
73.9
93.4
84.4
74. 1
85.7
87.1
74. 1
93.5
104
99
93
118
94
92
122
77
108
97
102
114
90
111
117
162
92
111
105
103
117
105
115
117
156
108
110
105
107
98
112
118
127
104
108
103
99
100
102
119
96
86
102
107
102
97
98
96
116
93
85
106
111
97
98
87
96
129
92
102
107
126
90
102
82
97
131
101
109
117
95
120
89
92
122
118
112
109
121
94
123
92
92
125
117
94
79.5
164
79.7
158
81.3
148
81.4
147
8.15
150
80.2
153
79.6
80.1
158
81.7
88.1
86.3
86.3
86.1
85.7
85.2
85.7
87. 3 !
89. 5 I
89. 2 I
84. 5 I
93.6
87. 3
87. 7
87. 9
85.1
93.8
87. 4
87. 7
88.1
84.8
93.5
87.3
87.8
88. 2
84. 6
93.5
87. 2
87.9
87.8
84.3
93.2
87.1
88.1
87.7
84. 6
93.4
87.1
88.4
87.8
84.8
93.4
87.2
88.8
88. 5
84. 9
92.6
87. 2
89.1
89.0
84.8
92.7 92.7
87.2
87. 3
89.4 89.4
89.1
89. 2
84. 9
84. 7
.8.3
88.3
92.7
87.3
89.5
89.2
84.7
92.7
87.3
89.5
89.3
84.6
Revised.
Preliminary.
pp 16-19
1619 of
New Series. S^ee pp.
of the
the May
May 1934
1934 issue,
issue, cash
cash income for marketings of agricultural products, p. 19 of the December 1932 issue, Fairchild's price index, and
pp. 19 and 20 of the March 1933 issue, quantity marketings.
§ Data for Apr. 15,1936: Total 105, chickens and eggs 97, cotton and cottonseed 96, dairy products 114, fruits 89, grains 89, meat animals 125, truck crops 107, miscelf Index of farm prices has been completely revised. For earlier data see p. 20 of the November 1934 issue. World stocks—revised total, rubber adjusted and sugar
adjusted indexes for January 1927-June 1932, appeared on p. 20 of the September 1932 issue. Cash income for marketings of agricultural products revised from January 1933June 1935. For revisions see p. 19 of the September 1935 issue. World stocks—total revised for period 1920-1935, see p. 20 of this issue.
• Monthly retail prices of coal were discontinued with the month of August 1935. Subsequent to that date the price will be shown quarterly.
T This series has been completely revised. Revised indexes for months not shown in the December 1935 issue have not yet been completed by the Department of Labor.
They will be published as soon as available. Index computed every 2 weeks; monthly index is figure taken nearest the middle of the month; prior to Aug. 15,1933, index
computed once a month.
A See footnoote on p. 24 marked, "<?".
24
SUKVEY OF CUKRENT BUSINESS
1936
Monthly statistics through December 1931,
together with explanatory footnotes and references to the sources of the data, may be found
in the 1932 Annual Supplement to the Survey March
May 1936
1935
March
April
May
June
July
1936
Decem- January FebruAugust Septem- October November
ary
ber
COMMODITY PRICES—Continued
WHOLESALE PRICES
Department of Labor index:
Combined index (784)
1926=100..
Economic classes:
Finished products
1926=100..
Raw materials....
1926=100..
Semimanufactures
1926 = 100..
Farm products. _.
1926=100..
Grains
..1926=100..
Livestock and poultry
1926 = 100..
Foods
1926=100..
Dairy products
1926=100..
Fruits and vegetables
1926=100..
Meats
_.
_.
1926=100..
Other products
1926=100..
Building materials.
..1926 = 100..
Brick and tile
1926=100..
Cement
1926=100..
Lumber
1926=100..
Chemicals and drugs
..1926=100..
Chemicals
1926=100..
Drugs and Pharmaceuticals
1926=100..
Fertilizer materials
1926=100..
Fuel and lighting...
1926 = 100..
Electricity
1926=100..
Gas
1926 = 100..
Petroleum products
1926=100..
Hides and leather
1926 = 100..
Boots and shoes
1926=100..
Hides and skins
1926=100..
Leather
1926=100..
House-furnishing goods
1926=100_.
Furniture
.1926=100..
Furnishings
1926=100..
Metals and metal products. 1926=100..
Iron and steel
1926=100..
Metals, nonferrous
1926=100..
Plumbing and heating equipment
1926=100..
Textile products
1926=100..
Clothing.._
1926=100..
Cotton goods.
1926=100..
Knit goods...
1926=100..
Silk and rayon
1926=100..
Woolens and worsted
1926=100..
Miscellaneous.
1926=100..
Auto tires and tubes
1926=100..
Paper and pulp
1926=100..
Other wholesale price indexes:
Bradstreet's (96)
1926=100..
Dun's (300)
1926=100..
World prices foodstuffs and raw materials:* 6
Combined index
1923-25=100..
Coffee
,
.1923-25=100..
Cotton
1923-25=100..
Rubber..
1923-25=100..
Silk
1923-25 = 100..
Sugar
1923-25=100..
Tea
1923-25=100..
Tin
1923-25=100..
Wheat
1923-25=100..
Wholesale prices, actual. (See under respective commodities.)
79.6
79.4
80.1
80.2
79.8
79.4
80.5
80.7
80.5
80.6
80.9
80.6
81.3
77.4
74.4
76.5
75.6
88.3
80.1
80.3
65.1
89.7
78.9
85.3
88.9
95. 5
82.6
79.3
85.9
81.7
76.6
71.8
78.3
82.8
85.8
81.9
82.9
63.2
91.6
77.3
84.9
90.2
94.4
79.9
81.5
38.1
82.3
77.5
72.3
80.4
87.9
85.9
84.5
84.9
67.3
94.3
77.2
84.6
89.7
94.9
79.9
81.0
87.2
82.4
77.6
73.5
80.6
83.2
87.6
84.1
77.7
66.3
97.0
77.6
84.8
89.3
94.9
79.8
81.2
87.5
82.2
76.4
73,9
78.3
76.9
84.8
82.8
74.6
68.7
94.5
78.0
85.3
89.2
94.9
81.6
80.7
86. 3
82.0
75.8
72.8
77.1
78.3
82.8
82.1
74.0
65.1
93.3
78.0
85.2
89.1
94.9
81.7
78.7
84.6
83.0
77.1
73.2
79.3
79.3
91.6
84.9
75.7
60.5
102.0
77.9
85.4
89.0
94.9
82.0
78.6
84.3
83.1
77.3
74.4
79.5
83.5
92.0
86.1
76.0
60.0
102.9
77.8
85.9
88.8
94.9
82.1
80.2
86.9
82.7
77.1
76.3
78.2
86.4
86.6
85.0
76.9
59.1
97.1
78.3
86.1
88.3
95.5
82.0
81.1
88.3
82.7
77.2
76.2
77.5
77.9
83.1
85.1
81.1
63.2
94.3
78.8
85.8
88.3
95.5
81.8
81.2
88.4
83.1
77.7
75.2
78.3
76.6
87.4
85.7
83.7
63.7
97.5
78.7
85.5
88.9
95.5
81.5
80.6
87.7
82.4
78.1
74.8
78.2
78.9
89.1
83.5
84.2
62.2
94.9
78.8
85.7
88. 4
95.5
82.2
80.5
87.6
73.0
64.8
76.2
56.0
94.9
100.4
91.0
85.0
81.4
77.9
84.9
86.6
86.3
69.9
73.0
66.3
73.0
88.3
88.6
49.8
85.4
97.2
66.6
74.2
80.7
77.3
84.1
85.7
86.0
67.1
73.8
66.0
72.8
87 8
88.0
51.0
86.3
97.2
71.2
74.9
80.7
77.1
84.2
85.9
86.0
68.2
74.2
65.9
73.1
88.7
92.0
52.2
88.3
97.2
76.1
79.6
80.6
77.1
84.1
86.6
86.6
69.2
74.3
65.7
74.2
90.2
95.2
53.2
88.9
97.3
78.0
80.5
80.5
77.1
83.9
86.9
87.1
69.1
74.0
65.7
74.7
87.8
94.0
52.9
89.3
97.8
79.8
80.2
80.4
76.8
84.0
86.4
87.0
66.1
73.8
66.8
74.1
86.7
91.8
52.4
89.6
98.3
80.4
80.2
80.5
77.0
84.0
86.6
87.1
66.9
73.8
67.2
73.0
87.5
91.9
50.6
90.9
98.3
83.8
83.0
80.5
76.9
84.0
86.6
86.8
74.2
67.2
73.4
86. 3
89.0
50.1
93.6
98.8
92.9
86.6
80.6
76.9
84.2
86.5
86.9
70.9
74.7
67.5
74.5
86.2
86.6
52.5
95.0
99.6
96.0
88.1
81.0
77.1
84.7
86.9
87.0
71.3
74.7
64.5
74.6
84.9
84.5
52.8
95.4
100.1
96.5
87.6
81.0
77.1
84.7
86.8
86.9
70.6
70.4
64.4
75.1
83.1
83.2
54.4
97.1
100.5
100.5
87.3
81.4
77.9
84.8
86.7
87.1
69.7
73.8
70.8
80.7
77.1
62.1
30.9
83.8
68.3
45.0
80.3
67.2
69.4
78.5
82.4
62.5
27.3
73.1
69.2
46.6
80.6
67.1
69.2
78.5
81.8
61.6
27.6
73.1
68.7
46.3
80.4
67.1
69.4
78.5
82.7
60.4
27.6
73.5
68.7
45.0
80.0
66.2
70.1
80.7
82.5
59.5
27.2
75.6
68.4
45.0
79.7
68.8
70.2
80.7
82.0
59.9
27.9
76.4
67.7
45.0
79.7
71.1
70.9
80.5
82.5
60.2
31.0
76.4
67.3
45.0
79.7
71.1
71.8
80.8
83.2
61.6
32.9
76.9
67.1
45.0
79.7
71.1
72.9
80.8
84.5
63.2
35.1
79.1
67.5
45.0
79.7
71.1
73.4
80.7
85.8
63.2
35.0
80.7
67.4
45.0
79.4
71.1
73.2
81.0
86.0
62.2
33.7
81.0
67.5
45.0
79.2
71.7
71.7
80.8
80.4
61.8
33.5
81.4
67.8
45.0
79.8
76.3
92.1
74.8
91.4
75.8
93.4
76.7
92.4
76.2
90.7
76.8
90.9
77.5
90.6
78.8
94.1
79.6
94.7
80.5
94.2
80.2
94.4
77.6
94.9
50.3
44.5
41.9
37.2
24.2
65 8
70.1
95.5
58.7
45.7
46.0
42.3
26.8
18.5
53.1
61.7
93.3
51.0
47.2
43.5
43.0
26.9
19.4
58.4
65.8
99.7
50.9
48.6
42.0
45.2
28.1
19.8
59.4
65.3
101.7
53.4
47.6
41.0
43.8
29.3
19.2
60.3
61.0
101.6
50.2
47.9
40.5
44.9
28.3
20.2
58.6
65.1
104.0
51.2
48.2
40.0
42.3
28.0
23.8
59.6
66.3
100.3
54.7
49.6
42.5
39.7
26.9
26.1
64.8
77.1
97.6
58.0
52.2
43.5
41.2
29.7
29.1
67.8
77.0
101.9
62.7
50.3
42.0
44.1
30.7
29.2
62.8
67.9
103.2
54.9
49.5
42.0
44.5
30.8
27.4
55.6
66.0
99.0
59.2
51.1
45.0
43.8
33.5
27.2
59.1
67.8
94.0
63.1
126.5
125.8
141.4
121.1
126.8
125.5
136.1
123.6
125.7
123.0
132.5
122.4
125.6
122.9
136.1
122.9
126.2
122.7
141.4
123.2
126.8
124.7
144.1
123.3
125.1
125.6
138.7
122.7
124.8
124.8
137.4
122.0
125.1
124.2
135.0
121.4
125.0
122.7
136.1
120.8
124.5
122.0
133.7
120.0
125.0
122.4
135.0
120.0
PURCHASING POWER OF THE
DOLLAR •
Wholesale prices
Retail food prices ^
Farm pricesf
Cost of living.
.1923-25=100..
1923-25=100..
1923-25=100..
1923-25=100..
CONSTRUCTION AND REAL ESTATE
CONSTRUCTION CONTRACTS
AWARDED
Contracts awarded, F. E. B.:%
50
44
45
53
53
35
39
40
Total, unadjusted
1923-25=100..
46
26
30
32
Residential..
1923-25=100
26
22
26
25
24
25
25
25
22
21
16
25
43
61
35
48
67
Total, adjusted
_
1923-25=100..
30
38
60
47
26
27
27
24
24
25
25
26
25
Residential.
...1923-25=100..
25
26
25
21
16
18
F . W. Dodge Corporation (37 States):A
Total, all types:
7,724
9,978
11, 385
9,256
8,249
10, 655
10,450
Projects
.number.. 10,514
10,501
10,929
8,928
10,567
Valuation
thous. of dol_. 199, 028 122,941 124,020 126,720 148,005 159, 258 168,557 167,376 200, 596 188,115 264,137 204,793
Nonresidential buildings:f
2,761
2,778
2,753
2,796
3,318
3,059
3,325
3,307
3,106
3,102
Projects
number__
3,385
3,178
Floor space
thous. of sq. ft_. 15,098
6,966
7,748
9,145
9,075
8,288
9,632
8,602
10,813
11, 680
20,680
16, 047
58,489
59,180
49, 420
68,080 124, 506
90,480
59,036
Valuation
thous. of doL. 81,460
44,477
41,328
50,433
56,969
° Revised.
• New series. For earlier data on the following subjects refer to indicated pages of the monthly issues as follows: World prices, p. 20, September 1932; Purchasing
Power of the Dollar (except for farm prices), p. 18, August 1933.
t Revised series. For revisions of construction contracts awarded on nonresidential buildings for years 1930,1931, and 1932, refer to p. 20 of the September 1933 issue.
Farm prices (purchasing power) are on p. 20 of the April 1935 issue.
A A continuation of the statistics shown on pp. 30 and 32, of the 1932 annual supplement, by classes, for the years 1932 and 1933 was published on p. 19 of the August
1934 issue and for 1934 on p . 19 of the October 1935 issue. Series also revised for 1935. See p. 19 of this issue.
X Indexes are based on 3-month moving average of F . W. Dodge data centered at second month.
1 See footnote on p . 23 marked "\".
<? Index revised to exclude copper prices, since data on copper stocks have not been available subsequent to October 1931. Both stock and price series now cover 8
commodities as listed. Revised data for period 1920-35 see p. 19 of this issue.
25
SURVEY OF CURRENT BUSINESS
May 1936
Monthly statistics through December 1931,
together with explanatory footnotes and references to the sources of the data, may be found
in the 1932 Annual Supplement to the Survey
1936
March
1936
1935
March
April
May
June
July
Decem- January FebruAugust SeptemOctober Novemary
ber
ber
ber
CONSTRUCTION AND REAL ESTATE—Continued
CONSTRUCTION CONTRACTS
AWARDED—Continued
F. W. Dodge Corporation (37 States)—Con.
Public utilities:*
Projects
number..
205
161
132
182
158
138
198
Valuation
thous. of doL. 18,106
6,475
4,422
7,319
5,419
9,146
13,810
Public works:#
Projects
number..
1,123
933
926
923
1,050
1,087
1,358
Valuation
thous. of dol~ 44,191 39,779
33,170 25,967 29,991
40,083
65,118
Residential buildings:
6,080
4,732
Projects
..number..
6,166
6,356
5,808
6,268
Floor space
thous. of sq. ft,. 15, 604
8,809
11, 887 13,136
13,702
13,115
11,753
Valuation
thous. of dol- 55,271 32,209
42,203 44,902
49,833 48,395
40,528
Engineering construction:^
Total contracts awarded (E. N. R.)
thous. of dol.. 150,197 90,958 116,972 122,827 110,161
86,873 158,057
HIGHWAY CONSTRUCTION
Concrete-pavement contract awards:
2,662
2,541
Total
thous. of sq. yd..
2,129
1,706
2,250
3,052
3,303
Roads only
thous. of sq. yd.. 1,579
1,111
1,978
826
2,381
2,395
1,508
Highways:
Approved for construction (N. I. R. A.):*
Mileage...
number of miles..
291
3,193
2,643
1,889
1,427
876
559
Public works funds alloted.thous. of dol..
7,623 51,509 40,622 33,480 26,004
14,221
20,048
Under construction (N. I. R. A.):*
Estimated total cost
thous. of dol.. 59,593 170,756 187,675 191,522 185,044 170,846 149,047
Public works funds allotted
thous. of dol- 55,085 154,988 171,294 175,478 168,816 155,739 136,399
Federal aid fundsjallotted.thous. of doL
569
4,103
4,093
3,261
4,110
3,815
2,334
Mileage
number of miles..
1,679
7,916
8,804
9,121
8,530
7,881
6,386
CONSTRUCTION COSTS
Building costs—all types (American Appraisal Co.)*
1913=100..
158
158
158
157
157
157
Building costs—all types (A. O. C.)
1913=100..
178
178
178
175
178
177
175
Building costs—all types (E. N. R.)$
1913-100..
194.3
194.1
201.2
194.5
195.2
195.1
194.8
Building costs—factory (Aberthaw)
1914=100..
177
178
177
MISCELLANEOUS DATA
Fire losses, United States
thous. of dol24,943
23,268
21,238
18,500 19,294
18,137
Foreclosures**
number- 13,245
17,943
17,441
17,441
17,249
15,835
14,964
Real estate:
Home loan bank, loans outstanding*^
thous. of dol.. 103,358 72,637 74,011
75,836
79,233 80,877 86,025
Home Owners' Loan Corp:*
Applications received
number2,914 140,795
Loans closed:
8,832 23,140
Number
13,593
13,807
13,142 13,413
14,623
Amount..
..thous. of dol.. 27,106 70,664 39,475 41,236 40,558 41,570 44,775
Loans outstanding*
thous. of dol—
,539,408 2,578,883
2,702,247 2,747,022
2,660,677
2,620,119
18,104
221
17,926
136
11,939
1,614
75,117
207
10.694
1,540
69,645
1,328
76,387
1,048
58,948
702
36, 325
5,602
12,002
41,811
6,230
16,764
55,100
4,756
12,253
39.695
3,856
11,899
45,140
3,694
10, 306
37,440
3,249
9,115
31,176
114,840
182,631
154,973
235,506
4,663
3,766
6,816
5,888
4,496
3,327
3,591
2,250
1,217
2,068
1,396
402
11,984
295
10,100
290
8,740
241
8,092
267
7,279
308
7,607
126,211
102,246
88,776
74,700
65,390
61,015
114,867
2,020
5,031
92,885
1,328
3,706
80,810
1,189
2,968
68,965
982
2,371
60,877
667
1,988
56,653
601
1,734
157
157
157
158
174
173
173
173
178
178
195.1
195.1
194.9
194.9
199.5
201.2
176
12,493
223
11,198
1,422
63,653
288, 547 164,499
177
177
16,642
14,470
19,786
14,398
20,872
12,886
27,969
13,221
27,730
12, 560
30,910
11,794
90,432
95,595
97,089
102,795
102,800
102,942
12,892
41,181
,788,203
16,259
49,883
14,192
15,634
19,002
°9,392
47,927 58, 541 44,409 '29,984
,886,013 2,940,029 ,984,438 3,014,423
DOMESTIC TRADE
ADVERTISING
Printer's Ink indexes (adjusted for seasonal
variation):*
Combined index
1928-32=100..
84.1
80.2
86.0
79.0
80.2
79.4
78.7
79.8
83.2
81.6
76.6
79.0
Farm papers
1928-32=100..
66.0
62.6
74.4
67.1
63.9
58.8
65.5
69.8
61.5
66.6
48.6
57.7
64.6
Magazines...
..1928-32=100..
82.5
81.0
82.4
82.2
78.8
78.4
77.1
74.4
75.1
86.8
80.1
80.9
81.8
°75.
5
Newspapers
1928-32=100..
82.9
84.7
79.1
76.1
77.2
78.6
75.5
77.9
83.1
77.0
78.7
80.4
52. 3
Outdoor
1928-32=100..
58.0
47.0
50.0
63.2
63.4
58.9
52.4
59.5
71.1
62.9
61.2
59.4
189.7
Radio
._ 1928-32=100177.5
195.0
187. 0
182.1
188.2
182.5
184.5
185.2
192.8
179.7
169.7
169.9
Radio broadcasting: A
5,209 a 4r 855 "4,298
2,900
4,741 « 4, 621
3,448
3,119
"4,377
°3,973
Cost of facilities, total
thous. of dol..
3,250 «4,710
« 4, 780
466
Automotive
thous. of dol__
400
275
215
186
244
487
432
312
539
M26
°342
a °721
a
Drugs and toilet goods
thous. of doL.
967
1, 469 « 1, 428
1,196
1,097
1,096
1, 283 °a 1, 295 a 1. 406
1,555
1,690 ° 1,461 a 1, 303
a
a
Foods
thous. of dol._
912
897
876
911
1, 111
1,072 ° 1,171
1,197
1,154
1,258
1, 280
° 1, 089
1,139
Petroleum products
thous. of dol_.
262
302
384
382
398
402
272
417
281
282
311
313
«390
359
370
Tobacco manufactures
thous. of doL.
306
284
188
183
184
336
280
331
«368
«384
«367
a
All other*
thous. of doL_
518
882
413
895
°861
"934
°386
°503
"802
1,069
872
«788
°667
Magazine advertising:!
7,074
8,852
9,360
7, 435
12,142
11,004
11,973
12,754
7,798
11,747
11,166
10, 248
Cost, total
thous. of dol_. 13,431
832
686
979
Automotive
thous. of doL.
1,655
1,684
1,023
1,157
2,044
1,678
1,641
1,555
1,005
1,462
Drugs and toilet goods
thous. of dol._
2,323
2,203
1,464
1,454
1,957
1,609
1,241
2,477
2,436
2,185
2,017
1,616
2,598
Foods
thous. of doL.
1,837
1,986
1,100
1,296
1,690
1,630
1,230
2,195
1,680
1,636
1,556
1,380
1,733
Petroleum products
thous. of doL.
284
192
110
14S
344
292
214
226
263
329
368
220
191
Tobacco manufactures
thous. of dol._
484
525
526
559
565
530
489
595
563
568
621
581
494
All other*
thous. of dol..
4,665
5,052
2,719
4,523
5,197
4,467
3,079
5, 932
6,011
5,862
4,938
2,941
5,333
Lineage, totalf
thous. of lines..
2,128
2,201
2,335
1,831
1,497
1,812
2,181
2,334
1,696
2,511
2,700
2,618
2,276
a
Revised.
* New series. For earlier data on building costs, American Appraisal Co., refer to p. 20 of the August 1933 issue. N. I. R. A. highway work started in September
1933, see November 1934 issue for beginning of series. For Home Loan Bank loans outstanding for period December 1932-January 1936 see p. 19 of the April 1936 issue.
Home Owners' Loan Corporation data from September 1933 to April 1934 will be shown in a subsequent issue. Total loans closed to Mar. 31, 1936, $3,041,528,596. Printers'
Ink indexes from January 1922 to May 1934 appear on p. 19 of July 1935 issue. Data prior' to May 1934 on "all other" radio and magazine advertising not published.
See special note below on foreclosures. Data on H. O. L. C. loans outstanding for period September 1933-January 1936 are shown on p. 19 of the April 1936 issue.
t Revised series. See p. 20 of the October 1933 issue, magazine lineage. For revised data on magazine advertising cost for the years 1933 and 1934, see p. 19 of the February 1936 issue.
§ Index as of Apr. 1,1936, 202.2.
• Compiled by the Federal Home Loan Bank Board and represent the number of foreclosures on all types of properties in 1,013 identical communities in 48 States;
having 53 percent of the population of the United States. Data prior to October 1933 not published. Comparable annual totals for 1926, 65,857; 1932, 210,821; and 1933
209,003. Data were not compiled for other years. Months subsequent to September 1934 were computed by means of a link relative to keep series comparable since the
figures for these months are from a slightly different number of communities.
# These series represent a break-down of the combined total shown in the Survey previous to September 1933. For earlier data see p. 20 of the September 1933 issue.
1 Months of May, August, and October 1935 and January 1936 include 5 weeks; other months include 4 weeks.
t For the period October 1933-February 1935, inter-bank loans that were formerly included have been removed.
Digitized for
• FRASER
Data for 1935 revised. Revisions not shown above are as follows: January, drugs, 1,639; foods, 1,293; and all other, 730.
http://fraser.stlouisfed.org/
63051—36
4
Federal Reserve Bank of St. Louis
26
SURVEY OF CURRENT BUSINESS
Monthly statistics through December 1931,
together with explanatory footnotes and references to the sources of the data, may be found
in the 1932 Annual Supplement to the Survey
1935
1936
March
May 1936
March
April
May
June
July
1936
August
NovemSeptemOctober
ber
ber
December
January
117, 704
19, 753
97,952
7,677
2,096
118,684
20,171
98,513
4,058
1,835
16,269
76,351
94,810
18,499
76,311
3,787
2,536
17, 686
52, 301
February
DOMESTIC TRADE—Continued
ADVERTISING—Continued
Newspaper advertising:
Lineage, total (52 cities)•__thous. of lines.. 116,443
Classified
thous. of lines.. 21,991
Display
thous. of lines.. 94, 452
5,453
Automotive
thous. of lines..
2,773
Financial
thous. of lines..
General
thous. of lines.. 22,899
Retail
thous. of lines.. 63, 327
110,067
19,490
90,577
5,560
2,052
20, 215
62, 751
112,803
19,844
92,960
7,467
l r 894
20, 313
63, 286
115, 854
20,174
95, 680
8,978
1,614
20, 504
64, 584
102, 210
20,061
82,149
8,426
1,642
18, 042
54, 038
87, 363
18, 299
69,064
6,415
1,926
16,862
43,861
89,997
19,266
70, 731
5,281
1,280
14, 459
49, 712
101, 347
20,155
81,192
2,910
1,454
16, 629
60, 200
117, 427
20,658
64.5
63.6
63.1
62.3
63.0
63.1
62.5
61.9
62.3
2,356
2,318
2,329
2,179
2,142
2,057
1,994
2,272
2,053
643, 044
632, 507
19, 749
677, 232
728, 600
761, 385
732,875
807, 460
717,264
4,123
38,676
3,911
36,834
3,805
36, 700
3,714
35, 237
3.552
33,807
3,512
34, 607
3,428
33, 812
3,359
33, 417
3,809
37, 327
3,740
35,890
13,291
99,739
12,822
95, 674
2,579
12, 444
94,393
2,415
12,177
92, 975
2,149
12, 023
87, 441
2,238
11, 358
89, 525
2,052
11,071
88,997
2,479
10, 915
88,703
2,416
13, 631
108,905
2,038
12, 561
99, 403
2,733
28, 839
3,318
27, 313
3,049
26, 775
3,110
27, 365
3,222
24, 679
2,829
23,123
2, 866
24,162
2,901
25, 035
2,815
29, 354
3,292
27, 580
2,976
35,985 I
4,248 I
116.9
100.5
100.2
94. 5
116.7
78.5
98.4
70.0
104.9
78.5
89.1
81.0
80.2
75.0
50.1
79.0
53.3
82.0
113.5
90.6
106.5
98
°98
100 |
100
103
105
104
100
101
101
107
110
108
114 !
I
93 |
80.1
93.2
78.1
93.0
92.9
90.6
2,043
130
1,981
129
10,043
739
5,714
1,983
20, 775
68, 297
67,198
a
91, 334
»17, 546
-73, 788
«3, 632
«1,942
a
19, 464
«48, 751
GOODS IN WAREHOUSES
Space occupied, public merchandise in warehouses.
..percent of total..
62.2 |
62. S
NEW INCORPORATIONS
Business incorporations (4 States)..number..
2,506
2,409
2,655
2,218
POSTAL BUSINESS
Air mail, pound-mile performance*
thous. of lb
Money orders:
Domestic, issued (50 cities):
Number
thousands..
Value
thous. of d o L .
Domestic, paid (50 cities):
Number
thousands..
Value
.thous. of d o l . .
Foreign, issued—value
thous. of dol
Receipts, postal :1
50 selected cities
thous. of dol—
50 industrial cities
thous. of d o L .
RETAIL
858,100 ! 761,833
3,952 !
37,528 |
4,346
39,631
3,953
36, 611
12, 499
14,341
92, 882
107,701
2,311
5,281 !
11. 523
85, 855
27, 434
3,257
26,103
3, 060
TRADE
Automobiles:*
New passenger car sales:
Unadjusted
1929-31=100Adjusted
1929-31=100..
Chain-store sales:
Chain Store Age index:*fc?
Combined index t
av. same month 1929-31=100..
Apparel index f
av. same month 1929-31 = 100__
Grocery t
av. same month 1929-31=100..
Five-and-ten (variety) stores:*
Unadjusted
__ 1929-31=100.
Adjusted
...1929-31 = 100..
H . L. Green Co., Inc.:*
Sales
--.
thous. of dol—
Stores operated
number _.
S. S. Kresge Co.:
Sales
thous. of d o l . .
Stores operated.
number..
S. H . Kress & Co.:
Sales
thous. of d o L .
Stores operated
number..
McCrory Stores Corp.: A
Sales
thous. of dol—
Stores operated
number..
G. C. M u r p h y Co.:
Sales
.thous. of d o L .
Stores o p e r a t e d . - .
number..
F . W . Wool worth Co.:
Sales
thous. of dol_.
Stores operated..
number..
Restaurant chains (3 companies):
Sales
thous. of dol—
Stores operated
number..
Other chains:
W . T . Grant & Co.:
Sales
thous. of dol—
Stores operated..
number..
J. C. P e n n y Co.:
Sales
thous. of dol—
Stores operated
...number..
Department stores:
Collections:*
Installment account
percent of accounts receivable..
Open account
percent of accounts receivable..
92
101
119
69.3
102.0 j
«65. 5
89.5
97
99
100
105
93
91
92
94
93
92
86.0
86.0
86.1
90.7
82.0
92.1
79.3
89.6
87.7
91.8
93.4
92.0
95.1
93.7
178.4
96.7
2,384
132
2,158
132
2,229
131
2,049
137
2,157
132
2,088
133
2,476
134
2,684
134
4,941
133
1,753
132 j
1,868
130
10, 328
734
11,518
734
10,872
735
11,048
736
10,004
735
10, 758
737
10,148
737
11,925
741
12, 269
744
21,551
745 |
8,597 I
743 |
9,571
740
6,314
235
5,472
232
6,441
232
5,934
232
5, 700
233
5, 884
232
5,946
233
6,138
233
6,586
234
6,858
235
13,789
234
!
5,204 i
234 i
5, 459
234
2,893
200
« 2, 856
205
« 3, 212
205
<* 2, 784 « 2, 989
205
205
* 2, 651
205
2,320
190
2,266
186
2, 576
186
2,420
186
2,584
188
2,354
188
« 2.822
202 |
I
2,513
188
19, 677
1,980
20,483
a
l,954
22,382
1,962
21, 050
1, 964
21,113
1,965
20,169
1,968
3,562
359
3,458
357
3,465
356
3,195
358
6,475
472
6,953
«463
7,663
°465
7,430
<* 466
16, 282
1,481
"15,511
1,474
°17, 592
1,478
94
1,478
a 9 fi26
93
73.5
87.9
!
202
" 3, 183
201
" 3, 262
203
«6, 268
203
2,324 i
201 |
2,351
188
2,865
189
2,970
189
5,005
189
2,003 i
189
21, 556
1,972
20, 243
1,974
23,383
1,978
23, 407
1,978
39, 590
1,980
3,117
359
3,335
358
3,369
355
3,566
353
3,395
351
3,662
352
3,384
353
3,230
350
7,654
M67
6,276
6,732
6,726
470
8,365
470
8,581
471
14,818
471
5,175
471
5,754
472
«17, 935
1,478
«15. 919
1,478
«17, 885
1,479
«18, 806
1,480
«24, 023
1,481
«24, 992
1,483
«31, 332
° 1, 481
13,964
1,481
13, 692
1,481
5,311
190
16,983 I 19,016
1,977
1,979
18.0
17.4
17.1
16.1
15.4
16.3
16.2
17.4
17.4
16.7
17.1
43.9
43.8
45.3
44.2
43.2
41.1
40.6 ;
45.5
46.8
44.0
44.4
° Revised.
* N e w series. F o r description of Chain Store Age indexes see p . 19 of t h e December 1932 issue. D a t a of H . L . Green Co., Inc., prior to J u l y 1933 will be shown in a
subsequent issue. For earlier data on automobiles see p . 19 of t h e April 1934 issue and variety-store sales, p . 18 of t h e M a r c h 1934 issue. D a t a prior to October 1933 on
collections not published. D a t a are currently being received from about 400 stores on open accounts and about 250 on installment accounts. Series on air mail not available
prior to M a y 1934. Series on basis of weight carried was published in the Survey for t h e period F e b r u a r y 1926 to December 1933.
t Revised series. F o r revisions refer to t h e indicated pages of t h e m o n t h l y issues as follows: Apparel sales index of Chain Store Age, p . 26, October 1933. Combined
index and grocery index of Chain Store Age were revised for period J a n u a r y 1932 through August 1934. See footnote on p . 26 of t h e November 1934 issue.
J M o n t h l y d a t a from J a n u a r y 1932 through J u n e 1935 are on page 20 of the July 1935 issue.
• T h e New York Evening Post series on newspaper advertising in 22 cities is available for t h e period 1916 through J a n u a r y 1934. See t h e 1932 annual supplement a n d
m o n t h l y issues prior to December 1934.
A D a t a for 1935 revised. Revisions n o t shown above are as follows: J a n u a r y , 2, 296 and February, 2,479.
<? Chain Store Age combined index for t h e period 1932-35 included 18 companies. Beginning 1936 it was increased to 20 caused b y the addition of 1 apparel and 1 shoe
company.
May
27
SURVEY OF CURRENT BUSINESS
1936
Monthly statistics through December 1931, 1936
together with explanatory footnotes and references to the sources of the data, may be found March
in the 1932 Annual Supplement to the Survey
1935
March
April
May
June
July
1936
DecemAugust SeptemOctober November
ber
ber
January
February
63
71
63
64
58
69
60
65
63
47
73
56
70
79
90
80
77
82
73
81
57
84
°66
86
54
69
70
77
"63
58
64
51
72
59
71
80
98
87
86
91
77
77
62
85
DOMESTIC TRADE—Continued
RETAIL TRADE—Continued
Department stores—Continued.
Sales, total value, unadjusted ±
1923-25=100
Atlanta*
- . _ 1923-25=100Boston
1923-25=100
Chicago*t
1923-25=100
Cleveland*
1923-25=100.
Dallas*
1923-25=100Kansas City
1923-25=100 _
Minneapolis*
1929=100.
New York*
._.. 1925-27=100.
Philadelphia*
1923-25=100.
Richmond
1923-25=100.
St. Louis
1923-25=100.
San Francisco*
1923-25=100.
Sales, total value, adjusted*. 1923-25=100.
Atlanta*
1923-25= 100.
Chicago*f
1923-25=100.
Cleveland*
1923-25 = 100.
Dallas*
1923-25=100.
Minneapolis*
1929=100.
New York*
1925-27=100.
Philadelphia*
1923-25=100.
San Francisco*
1923-25=100.
Installment sales, New England dept.
stores, ratio to total sales
percentStocks, value, end of month:
Unadjusted
1923-25=100.
Adjusted
1923-25=100.
Mail-order and store sales:
Total sales, 2 companies.._thous. of dol.
Montgomery Ward & Co.thous. of dol.
Sears, Roebuck & Co.-.thous. of dol.
Rural sales of general merchandise:*
Unadjusted
1929-31 = 100.
Adjusted
..1929-31 = 100..
77
95
66
82
68
87
78
79
71
66
94
72
78
88
103
90
78
91
84
83
73
85
71
84
60
75
68
80
73
74
65
59
87
68
72
82
91
83
79
86
79
77
66
79
79
88
69
81
78
80
74
78
74
65
98
67
81
73
84
76
69
80
72
74
65
83
76
84
69
78
74
78
72
76
71
63
98
69
77
76
84
76
69
75
76
75
64
80
9.7
7.8
7.2
8.2
6.7
67
65
65
63
66
64
66
64
61
63
60. 926
24. 845
36,081
99. 2
106. 7
54,763
22, 783
31,980
59, 644
25,571
34,073
58,105
22,915
35,190
90.6
97.4
97.0
101. 0
87.6
93. 1
61
77
52
68
61
64
70
70
58
49
78
59
80
78
98
85
73
88
80
76
65
82
86
91
72
81
78
97
85
84
83
65
98
71
87
81
97
79
75
92
77
81
72
84
86
98
82
86
79
92
90
94
87
74
117
80
88
77
82
78
75
80
79
77
65
86
9.2
14.5
10.7
57
61
60
62
67
64
58,953
23,822
35,131
49, 887
20, 293
29,594
52,402
22, 849
29, 553
94.2
99.7
74.7
97.0
79.8
92.8
76
75
68
76
75
74
70
76
74
66
95
64
76
80
84
78
78
81
78
77
69
86
55
63
49
56
55
59
55
54
54
46
68
50
68
80
90
78
72
84
71
72
62
83
91
103
78
89
83
97
84
85
93
80
114
81
92
81
90
81
79
84
86
79
66
91
145
158
124
137
133
155
133
123
146
122
185
120
152
84
93
81
81
95
83
83
69
88
10.2
8.8
6.2
10.1
11.0
72
66
75
67
61
65
58
66
62
"65
59,474
25,173
34, 301
79,945
35, 897
44,048
71, 777
30,910
40, 867
90, 813
39, 475
51, 338
46, 180
18, 508
27, 072
103.7
104.8
127.6
104.6
127 6
103.7
155.9
109.8
79. 9
96. 3
45, 435
17,855
27, 580
84.2
93.0
EMPLOYMENT CONDITIONS AND WAGES
EMPLOYMENT
"83.2
84.2
83.0
Factory, unadj. (B.L. S.)*§
1923-25=100..
84.6
82.5
81.2
85.0
82.6
79.7
83.7
79.7
82.0
85.3
74.5
Durable goods group* §
1923-25=100..
75.7
«74.6
76.1
75.8
71.0
71.8
71.4
69.7
69.4
70.5
71.2
74.9
75.8
Iron and steel and products.1923-25= 100—
76.6
76.0
76.8
77.1
71.8
72.7
72.4
71.8
71.3
73.2
74.7
76.4
Blast furnaces and steel works
77.2
77.1
76.6
1923-25=100..
77.0
76.2
74.4
74.0
72.4
73.7
73.6
71.7
73.7
75.6
I
Structural and metal work
57.4
57.7
60.9
1923-25=100-.
56.6
55.3
56.9
58.6
55.0
56.0
57.9
58.6
59.0
56.0
91.6
91.4
Tin cans, etc
1923-25=100
92.9
95.3
93.9
86.4
88.3
90.4
96.0
100.0
104.0
105.4
100.5
52.9
"53.4
Lumber and products
1923-24=100..
54.5
56.0
54.6
50.6
51.7
50.9
48.9
51.9
55.3
57.0
57.5
71.7
72.6
Furniture
1923-25=100
74.8
77.0
72.4
69.1
68.6
67.0
67.1
69.1
73.4
76.3
77.9
45.5
45.7
46.9
Millwork
1923-25=100..
48.7
47.0
38.3
39.7
40.7
41.9
44.8
47.5
50.1
49.5
34.4
"34.7
35.1
Sawmills
1923-25=100.
36.0
36.3
33.5
34.8
34.0
30.9
33.9
36.6
37.4
37.6
98.0
98.1
99.7
Turpentine and rosin
1923-25=100. _
100.7
97.1
99.7
99.2
99.0
98.9
98.9
99.1
100.5
100.3
92.5
92.6
93.1
Machinery
.1923-25=100.
93.8
93.6
84.1
85.1
84.5
84.2
85.6
87.3
91.1
93.1
133.9
136. 3
128.9
Agricultural implements_1923-25=100..
123.8
138.7
101.3
97.0
97.0
110.6
116.7
117.8
118.5
116.6
72.1
71.4
74.0
Electrical machinery, etc_1923-25=100..
75.4
72.3
69.2
70.9
70.7
69.6
69.6
70.4
73.3
75.3
Foundry and machine-shop products
79.1
"80.0
1923-25=100-.
81.5
79.0
77.6
73.4
76.0
76.8
73.5
74.3
72.8
74.0
73.8
213.1 ° 196.0
Radios and phonographs_1923-25=100230.0
271.6
186.1
189.0
182.4
168.0
165.5
185.0
213.8
254.9
279.1
89.4
« 89. 3
Metals, nonferrous § _ _
1923-25 = 100.. 88.8
92.3
93.1
83.0
83.4
82.9
81.8
80.2
82.0
86.9
91.9
Aluminum manufactures!
81.2
82.0
85.3
82.1
1923-25=10083.0
79.0
76.2
79.1
82.7
78.7
78.3
74.6
75.5
Brass, bronze, copper products
87.6
87.2
87.0
88.5
89.0
82.0
78.9
77.4
78.2
31.8
86.8 |
1923-25=100..
81.8
80.8
Stamped and enameled ware§
109.2
110.5
116.2
117.0
108.4
109.1
106.2
106.9
100.4
101.9
112.7
102.5
1923-25=100. _ 109.2
55.9
58. 2
55.7
55.8
Railroad repair shops
1923-25=100..
60.0
53.6
52.9
53.6
53.8
53.5
52.8
52.6
55.1
65.0
65.5
64.8
65.1
Electric railroad.
1923-25= 10065.8
65.8
65.6
65.7
65.6
65.2
65.3
64.6
64.5
55.2
"57.6
55.1
55.0
Steam railroad
1923-25=10059.6
52.7
52.0
52.7
52.9
52.6
51.9
51.7
54.4
Stone, clay, and glass products
50.8
54.1
55.2
51.0
56.4
53.2
51.5
55.8
56.7
55.0
55.7
54.7
55.9
1923-25=100..
31.0
33.9
30.0
34.6
Brick, tile, and terra cotta. 1923-25=100..
32.4
27.6
27.6
29.6
32.1
32.9
33.8
34.0
35.3
38.0
38.0
45.0
49.6
Cement
—.1923-25=10044.3
41.6
50.0
57.0
60.1
57.5
53.8
51.9
52.9
92.0
93.8
97.8
98.4
Glass
1923-25=10094.8
93.7
94.2
94.8
95.2
92.7
95.7
95.8
97.5
103.1 * 100.4
103.4
101.0
Transportation equipment. 1923-25=100..
101.4
103.6
104.8
102.7
93.7
87.2
83.5
75.8
92.3
113.8
118.1
118.2
115.5
113.0
119.5
119.9
116.4
107.2
100.6
95.1
84.0
105.0
Automobiles
1923-25=100—
50.6
48.5
50.1
45.9
Cars, electric and steam. .1923-25=100—
56.8
52.2
59.1
60.3
48.2
31.7
32.2
33.5
40.0
«82.0
83.9
82.9
82.3
89.2
74.9
74.6
76.4
66.2
71.3
72.4
76.1
79.8
Shipbuilding
1923-25=100..
"92.5
92.1
94.2
94.6
Nondurable goods group*§—1923-25=100..
93.3
95.0
94.2
91.8
90.6
90.8
94.3
97.1
96.4
109.7 3108.9
111.1
112.4
112.1
112.7
111.5
108.0
107.2
106.8
107.9
110.7
113.1
Chemicals and products...1923-25=100..
107.1
107.4
108.8
109.5
Chemicals
1923-25=100..
108.0
103.4
106.9
107.1
108.1
109.0
107.7
108.0
108.9
97.6
97.7
98.8
100.3
Druggists' prep
1923-25=10099.0
98.9
98.9
96.8
95.8
95.1
97.3
99.5
101.6
107.1
107.2
107.9
109.3
Paints and varnishes
1923-25=100..
108.2
104.2
109.2
112.6
112.5
108.6
105.5
106.7
109.2
« Revised.
* New series. For earlier data on department store sales by Federal Reserve districts, see p. 20 of the February 1935 issue excepting Chicago, for which see note below.
Note that the combined index of department-store sales is computed by the Federal Reserve Board and the district indexes are computed by the Federal Reserve banks.
For districts not marked with an asterisk the series are as published in the 1932 Annual Supplement and subsequent issues. See p. 20 of the December 1934 issue for rural
sales for period January 1929 to October 1934. For earlier data on factory employment unadjusted in detail, see p. 16 of the June 1934 issue. See p. 19 of the July 1934 issue
for factory employment unadjusted total. Data on employment in the durable and nondurable goods groups for the period January 1923-June 1935 are shown on p. 19 of
the August 1935 issue.
t Revised series. See p. 19 of the April 1935 issue, department-store sales, Chicago.
A This series was shown on p. 20 of the June 1935 issue from 1919 through April 1935.
• The adjusted index of department-store sales (total value) was revised by the Federal Reserve Board for the years 1929 through 1934. Revised indexes for this period
wore shown on p. 20 of the June 1935 issue.
§ Data have been revised for the period January 1933-September 1935. Revisions no 1 shown in the November 1935 issue appea ion p. 16 of the January 1936 issue.
28
SURVEY OF CURRENT BUSINESS
Monthly statistics through December 1931,
together with explanatory footnotes and references to the sources of the data, may be found
in the 1932 Annual Supplement to the Survey
1936
March
1935
March
April
May
June
July
DecemAugust SeptemOctober November
ber
ber
May 1936
1936
January
February
EMPLOYMENT CONDITIONS AND WAGES—Continued
EMPLOYMENT—Continued
Factory unadjusted—Continued.
Nondurable goods group—Continued.
Chemicals and products—Continued.
1 0 7 . 9
Petroleum refining
1923-25= 100107.6
108.3
110.3
108.3
110.6
111.2
112.2
110.1
110.9
109.6
108.7 ° 108.
3 4 8 . 9
Rayon and products
1923-25=100352.0
334.9
356.1
326.9
325.9
327.9
340.3
353.6
356.8
357.9
353.6
347.
9 3 . 2
91.
Food and products
1923-25=100..
92.0
95.4
100.5
95.8
98.9
105.7
111.8
118.2
108.5
96.8
92.6
112.9
114.2
112.4
111.
114.6
111.2
Baking
1923-25=100—
113.6
112.7
111 7
114 6
1 1 0 . 9
111 8
111.5
149.7
148.
158.6
162.9
150.1
161.6
178.5
171.9
1 5 1 . 3
153.0
170.0
179.0
Beverages
1923-25=100156.0
Slaughtering, meat pack8 2 . 9
81.
ing
1923-25=10080.4
81.5
82.8
80.6
81.4
80.4
79.4
78.9
79.7
84.3
84.9
9 2 . 7
Leather and products
1923-25=10089.0
91.5
82.3
86.7
83.0
87.3
90.1
88.8
86.6
86.3
88.4
a 89.
9
2
1
Boots and shoes
- 1923-25=100..
87.4
90 8
77.8
85.2
80.6
85 8
89.1
87.3
84.0
82.8
86.1
a 88.
100.4
96.
97.7
95.6
94.5
93.2
9 5 . 5
92.8
93.5
100.3
94.4
95.2
97.0
Leather
1923-25=10098.
9 6 . 9
Paper and printing
1923-25=10098.2
96.9
98.7
96.5
95.6
95.5
95.9
97.3
98.3
99.7
97.5
1 0 9 . 7
Paper and pulp
1923-25=100109.6
109.8
109.0
109.9
109.1
108.9
108.8
109.2
109.1
110.0
108.7
109.
8
4
.
5
Rubber products §
—1923-25=10072.6
83.6
82.7
82.4
80.9
78.3
79.1
81.1
82.8
83.0
82.0
«81.
7 5 . 1
Rubber tires and tubes-1923-25=10052.8
74.9
69.8
73.6
72.9
70.3
69.7
70.3
70.7
70.5
70.5
«69.
96.
9 9 . 2
Textiles and products
1923-25=10097.2
97.2
97.0
93.5
90.4
87.8
92.9
95.9
97.7
96.9
95.1
9 6 . 4
Fabrics
1923-25=10093.3
93.3
96.1
91.0
89.4
87.5
89.9
92.1
94.6
96.4
94.0
« 93.
1 0 1 . 4
97.
Wearing apparel
1923-25=100..
102.0
101.8
94.8
95.3
88.6
84.4
96.0
100.5
100.5
93.8
93.4
5 7 . 8
Tobacco manufactures
1923-25=100. .
55.9
56.8
59.7
56.6
57.8
57.6
57.9
58.9
60.0
58.2
52.2
o 55.
8 2 . 7
Factory adjusted (F. R. B.)* §.1923-25=10084.3
82.4
84.8
81.4
80.1
80.6
81.8
81.9
83.7
85.6
84.9
°83.
Chemicals and products
1923-25=100110.3
110.7
108.1
110.8
109.3
111.3
110.7
111.4
110.3
111.3
110.3
109.8 a 108
105
Chemicals
1923-25=100106.8
102.3
106.3
107.2
109.0
110.2
111.7
111.6
108.5
107.7
106.6
105.9
96
Druggists'preparations—.1923-25=10096.9
96.8
100.7
96.8
100.4
100.3
100.4
99.3
97.4
97.1
97.3
95.4
107
Paints and varnishes
1923-25*100107.4
103.4
108.8
110.2
108.6
108.4
108.8
108.4
108.0
108.9
109.7
109.6
Petroleum refining
1923-25=100—
108.7
109.0
108 3
111.4
108.5
109.6
108 8
110 1
108.2
111.1
110.9
110.8 «109
347
352.0
357.9
353.6
356.1
326.9
Rayon and products
1923-25=100—
325.9
348.9
334.9
327.9
340.3
353.6
356.8
101
Food and products
1923-25=100.
102.2
103.9
102.4
98.4
103.1
100.1
101 6
100.3
99.8
98.1
100.7
103.1
114
115.2
112.4
113.6
112.7
Baking
1923-25=100109.9
112.8
113.2
113.6
111.8
113.0
111.4
112.6
Slaughtering, meat packing
80
1923-25=100.
82.4
84.9
84.2
82.0
81.6
80.9
79.1
81.8
81.0
79.7
80.7
82.4
75
Iron and steel and products-1923-25«-10076.1
70.8
71.1
77.1
71.5
72.4
75.9
71.7
73.4
74.1
77.9
77.6
Blast furnaces and steel works
75
1923-25=100.
75.5
72.4
72.2
77.1
72.5
72.7
76.1
72.6
74.3
74.4
78.3
77.6
59
Structural and metal work. 1923-25 =-100.
62.3
56.3
56.0
58.4
56.3
55.7
57.7
55.7
56.5
57.0
57.1
58.9
95
Tin cans, etc
1923-25=100
96.9
89 2
87.9
99.6
89.5
96.2
100.7
92 8
97.0
99 4
96.6
97.9
90.3
89.2
a 87
86.9
84.1
Leather and products
1923-25-100.
89.1
92.2
86.9
84.5
86.4
85.4
90.5
87.0
86
Boots and shoes
- .1923-25=10085.4
89.9
91.7
80.2
87.9
84.5
81.4
84.4
84.9
83 1
88.0
87.5
93
93.4
100.0
96.0
94.5
97.1
Leather
—1923-25=-100.
99.6
95.1
93.3
94.3
95 8
95.1
95 8
56.0
54.5
54.8
a 54
51.3
55.4
Lumber and products
1923-25=100.
54.4
55.5
51.9
52.4
48.8
52.0
54.6
73
Furniture
1923-25=100
73.7
70.3
71.6
71.1
70.5
71.7
72.4
73.9
69.6
73.3
72.4
74.4
46
47.6
46.9
47.6
48.7
40.2
49.1
Millwork
1923-25=100.
44.4
41.4
39.4
49.7
38.8
46.8
37.5
35.7
35.8
36.0
a 36
37.0
Sawmills
1923-25=100.
33.4
33.2
36.2
34. t
35.0
35.6
30.1
93
93.9
94.6
94.9
84.9
Machinery
1923-25=100.
93.0
90.6
85 t
86 C
86 1
88.8
84.4
87.1
128
129.6
129.3
129.4
Agricultural implements_ -1923-25=100.
94.1
122.4
127.8
123.2
91.6
126.6
124.4
94.7
111.4
71
Electrical machinery, etc. .1923-25=100.
72.3
69.2
70.9
70.7
75.3
75.4
69.6
73.3
69.6
70.4
74.0
72.1
Foundry and machine-shop products
1923-25=100.
80.4
72.6
73.1
72.7
77.4
79.1
73.4
75.8
72.0
73.9
80.9
80.3
a 79
Radios and phonographs
1923-25 = 100.
248.8
252.7
231.2
200.0
196.8
222.3
192.7
190.9
182.7
194.4
225.4
253.1 *239
Metals, nonferrous§
1923-25=100.
87.1
81.4
82.4
83.3
90.8
91.9
82.2
87.4
82.8
83.7
91.4
90.4
« 88
85
Brass, bronze, copper prod.1923-25=100..
84.7
79.8
80.4
80.3
87.9
90.0
78.2
82.7
79.4
78.8
89.1
88.0
Stamped and enameled
107
ware §
1923-25=100
105.2
104 4
106.1
105.4
112.6
116.3
101.6
107.9
102.4
104 2
118.3
114.2
98
98.0
96.8
97.4
Paper and printing
1923-25=100.. i 97.9
97.1
97.8
96.5
97.6
96.4
97.1
96.7
97.3
109
109.6
110.0
108.7
Paper and pulp
-1923-25=100..
109.1
109.9
108.9
109.2
109.0
109.1
108.8
109.7
109.8
Railroad repair shops,-.
1923-25=100.. j 60.3
53.8
54.8
52.6
53.3
53.2
52.4
55.8
53.4
52.7
55.9
56.7
« 59
65
Electric railroads
1923-25=100.. I 65.8
65.8
64.5
65.6
65.7
65.2
64.6
65.1
65.6
65.3
64.8
65.0
54.1
55.2
55.2
56.1
a 58
Steam railroads
1923-25=100 i
59 9
52 3
51 9
51.4
51.7
53 0
51.6
52 4
73. P
83.4
77.4
83.0
83.4
83.4
a 82
Rubber products!
1923-25 = 100.. 1
80.4
81.7
83.4
81.1
78.8
85.8
5 3 . 9 76.6
Rubber tires and tubes....1923-25=100..
73.2
73.6
70.2
67.2
71.6
72.1
68.4
69.6
72.9
72. 7
Stone, clay, and glass products
5
5 . 2
54
1923-25=100..
52.4
52.7
53.6
54.4
53.9
54.6
56.1
53.5
54.8
56.4
55. 8
35. 1
34
Brick, tile, and terra cotta. 1923-25=100.. '
29.9
34.4
27.4
28.0
29.9
30.4
31.2
32.1
34.7
35.8
35.3
4 7 . 3
42
Cement
1923-25 = 100 1
44.4
50.9
50.3
55.3
56.4
53.4
50.5
48.9
49.2
47.4
42.8
9(
97.2
98.2
100.0
9 4 . 0
92.5
Glass.
1923-25 = 100 i
93.1
96.6
93.6
92.1
92.9
92.7
97.4
94
Textiles and products.. . . 1923-25 = 100
9 4 , 6
96.0
96.0
93.6
92.2
96.0
96.2
91.7
96.1
96.2
95.0
96.6
94.4
94.7
93.0
* 92
Fabrics
1923-25-100
92 7
91.0
90.6
91 2
93.2
93.6
91. C
94.6
93.3
95
95.3
95.3
95.6
96.0
Wearing apparel .
1923-25=100. _
9 7 . 5
96.9
99.2
90.0
90.3
97.3
98. £
98.4
a
56. 4
Tobacco manufactures.._
1923-25 = 100..
58.2
57.4
57.0
58.0
56. 0
55
56.8
58.2
57.2
57.7
58.1
58.1
9
7
.
4
Transportation equipment.. 1923-25 =•• 100..
99.4
99.5
99.1
94.0
88.7
84.8
83.6
81.4
109.0
111.1
104.4
a 98
108.1
11C
Automobiles
...1923-25 = 100
114.4
113.8
113.5
105.9
101.5
97.7
94.9
91.0
125.1
128.1
119.3
54
Cars, electric and s t e a m . . . 1923-25=100.. i 5 7 . 3
29.6
50.9
54.6
54.4
52.6
54.7
54.9
44.4
32.8
41.7
30.7
8 4 . 6
Shipbuilding.
1923-25 = 100
71.1
85.3
70.0
74.1
65.4
73.0
76.5
81.1
85.6
82.9
81.4
Factory, by cities and States:
Cities*
80.8
81.9
82.9
Baltimore*
.
1929-31 = 100..
80.2
84.4
82.6
79.4
83.3
80.8
84.5
s:
8 3 . 3
80.9
68.9
69.1
68.7
a 6i
Chicago*
1925-27-100
69.3
69.0
67.0
68.5
68.6
64.8
65 3
67.3
94
94.9
94.7
82.1
94.9
Cleveland*
1923-25=100
9 4 -A
87.6
95.5
88.7
86.5
80.9
84.8
89.3
108. 8
103.8
lot
Detroit
1923-25=100
107.8
101.0
110.2
100.9
102.4
93.7
66.6
71.7
82.7
110.8
94
96
94.4
93.2
92.4
96.2
96.0
95.2
Milwaukee*
1925-27=100
91.6
93.1
93.0
92.6
91.9
74
75.2
73.7
New York
._
1925-27=100
75.2
76.3
74.9
72.3
69.8
67.9
72.2
77.7
75.9
°9C
92.2
92.2
92.7
90.5
Philadelphia!
1923-25=100..
9 1 . 3
88.7
88.6
88.1
87.9
89.1
91.0
87.8
a
7'.
Pittsburgh*!
1923-25=100..
72.2
72.0
69.7
7 1 . 7
68.6
68.5
68.6
67.6
67.2
71.5
68.3
69.7
Statps*
«8S
89.7
89.5
88.4
82.6
84.3
96.1
92.6
Delaware!
1923-25=100..
8 8 . 7
85.9
89.8
102.8
90.3
Illinois
.
1925-27=100
74.3
75.8
75.6
74.8
73.4
72.4
73.6
75.7
76.0
76.6
75.8
It
125
124.7
123.9
122.7
117.2
Iowa
1923 = 100
113.3
122.3
114.0
117.1
118.2
122.2
118.8
7S
73.0
71.0
Massachusetts*!
1925-27=100..
72.9
72.3
73.1
67.4
71.2
71.7
67.8
69.5
69.0
7 1 . 5
• Revised.
• For earlier data see the following references: For factory employment, adjusted, all series, see pp. 16 to 19 of the July 1934 issue; employment in Baltimore, Milwaukee,
and Massachusetts, p. 18, December 1932; employment in Chicago, p. 20, June 1933; Pittsburgh employment, p. 18, January 1934; Cleveland employment, p. 19, July 1934.
t For revised data refer to the indicated pages as follows: Employment in Delaware and Philadelphia, p. 19, September 1933; for revisions of years 1930-34 for those
series and for the city of Pittsburgh, see p. 20 of the March 1935 issue; for Massachusetts, employment for 1931, p. 19, August 1933, and for 1932-34, p. 20, September 1935.
§ These data for the period January 1933-September 1935 have been revised; revisions not shown in the December 1935 issue appear on p. 16 of the January 1936 issue.
29
SUEVEY OF CUKEENT BUSINESS
May 1936
Monthly statistics through December, 1931,
together with explanatory footnotes and references to the sources of the data, may be found
in the 1932 Annual Supplement to the Survey
1935
1936
March
March
April
May
June
July
August Septem- October Novem- Decem-
1936
January
February
EMPLOYMENT CONDITIONS AND WAGES—Continued
EMPLOYMENT—Continued
Factory, by cities and States—Continued.
States—Continued.
88.4
89.7
88.3
90.4
88.2
86.5
92.1
90.7
89.5
88.8
92.3
89.3
Maryland*
1929-31=100..
90.4
76.3
79.1
76.1
80.6
72.4
72.5
80.0
74.5
74.2
75.9
78.0
74.9
76.4
New Jerseyf
1923-25=100..
75.2
76.2
75.3
76.9
72.5
72.1
77.8
74.8
73.7
73.8
76.8
74.3
77.2
New York
1925-27=100..
0)
94.2
96.0
90.8
90.1
93.8
94.9
93.0
91.1
93.1
94.1
Ohio.-.
.1926=1000)
(0
"76.9
78.8
79.0
74.9
75.0
79.4
76.0
75.4
76.6
76.8
78.1
78.0
Pennsylvania!
1923-25=100..
°77.5
85.9
87.2
88.2
86.6
92.3
89.1
85.1
85.7
90.4
85.7
89.5
Wisconsin
1925-27=100..
88.7
87.1
Nonmanufacturing (B. L. S.):
Mining:
57.3
61.2
59.1
49.4
58.8
46.6
46.0
51.4
53.5
56.8
38.7
52.6
52.5
Anthracite
1929=100.
79.1
80.2
"79.8
70.0
74.3
77.1
"76.1
81.6
75.3
77.9
73.4
74.3
80.4
Bituminous coal
1929=100..
53.5
55.5
54.2
45.2
51.6
48.9
45.0
44.4
46.0
46.3
52.6
46.0
55.9
Metalliferous1929=100.,
"71.9
70.6
71.4
77.4
74.7
75.1
74.0
76.0
"76.7
76.3
74.9
73.0
70.7
Petroleum, crude production. 1929=100..
43.1
36.9
39.4
50.9
50.0
50.0
40.5
49.5
50.4
51.0
45.3
42.2
46.7
Quarrying and nonmetallic__. 1929=100..
Public utilities:
Electric light and power, and manufac86.8
86.1
87.4
«86.1
87.6
83.3
83.9
84.8
86.9
86.9
82.3
82.6
86.8
tured gas
_
1929=100..
70.5
71.7
70.7
71.1
71.7
71.0
71.1
71.6
71.5
71.2
71.2
71.4
Electric railroads
1929=100..
71.3
69.6
70.1
70.2
70.4
70.0
70.5
69.8
70.0
70.3
70.2
69.7
Telephone and telegraph
1929=100..
69.8
Trade:
a 92. 9
«80.4
80.0
83.5
82.2
82.2
78.0
84.6
80.2
79.3
81.8
83.8
81.7
Retail t
1929=100..
85.6
8&8
86.4
85.0
83.2
82.1
82.1
85.7
84.0
82.5
82.7
83.7
Wholesale!
1929=100..
85.8
Miscellaneous:
73.4
71.5
70.3
82.1
79.4
76.3
80.9
83.6
81.7
80.4
79.9
74.7
72.5
Dyeing and cleaning*!*
1929=100..
80.8
81.9
82.8
81.1
81.5
81.3
80.3
80.7
81.6
82. 8
81.1
80.8
81.6
Hotelsf
1929=100..
81.1
81.5
81.2
81.3
82.1
82.3
84.4
83.0
81.9
80.0
84.2
79.7
81.1
Laundries*! A.______
1929=100..
Miscellaneous data:
Construction employment, Ohio
27.9
32.9
28.5
35.0
31.5
27.6
24.8
30.7
1926=100..
18.4
30.9
0)
0)
0)
Farm employees, average per farm*
.62
.74
.71
.79
.89
1.01
.96
.96
.85
.89
.98
number. .
".73
1.13
Federal and State highway employment,
total*
_
number.. 227, 586 217, 539 282, 740 331,000 362 339 375,442 382,846 340, 073 323,374 290,523 252, 229 202, 884 200, 451
Construction*
number.. 94, 200 109, 390 147, 256 195,459 224^ 086 226, 867 218,886 183,886 176,050 151,385 130, 539 97, 089 80, 674
Maintenance*..number.. 133, 386 108,149 135,484 135,541 138,253 148,575 163,960 156,187 147,324 139,138 121, 690 105, 795 119, 777
Federal civilian employees:
United States*._
_
.number.. 841,197 734,498 746, 088 747,478 754, 745 764,925 805, 286 829, 605 831,453 835, 236 850,943 840,183 835, 087
Washington
number.. 112, 370
98, 653 101,178 102, 539 103,453 104,498 105, 679 108,952 110,009 110, 745 111,692 111,954 112, 304
999
1,003
1,013
1,050
994
1,035
1,013
1,025
1,034
1,031
1,011
Railroad employees, class I
thousands. _ 1,043
995
Trades-union members employed:
77
78
78
80
79
79
79
73
77
77
80
All trades
percent of total-.
78
52
50
48
54
51
43
46
49
52
49
55
Building trades*
percent of total..
41
82
83
83
81
83
77
78
77
77
80
Metal trades*
.percent of total..
77
76
86
85
87
87
86
85
86
85
85
Printing trades*
percent of total..
87
86
85
81
82
83
84
84
81
81
77
84
All other trades*
percent of total..
83
86
85
55
56
57
58
67
54
54
52
59
58
57
On full time, all trades-percent of total..
55
LABOR CONDITIONS
Hours of work per week in factories:*!?
38.8
38.5
ae.4
38.6
18.2
36.3
35.9
37.3
Actual, average per wage earner
hours..
36.7
37.8
36.6
38.5
«38.2
Industrial disputes in progress during
month:!
a
"222
210
"274
*209
"294
"233
"307
"319
°332
Number of disputes
« 277
"317
"377
«311
Man-days lost
number.. 1,332,000 '966, 980 "1,178,851 "1,697,848 "1,311,278 "1,297,730 "1,191,663 "3,027,040 '1,562,908 "1,003,852 "660, 911 "649, 771 825,000
Workers involved
.number.. »116, 000 " 98, 457 "124,174 "151,163 "129, 784 "141,829 "150,835 "514, 427 '133, 742 "100, 732 « 61, 782 ° 56, 748 96,000
Employment Service (United States):*
Applications:
In active
file
number.. 9,252,488 6,384,732 6,312,060 6,094,192 6,713,047 7,532,046 8,235,139 8,696,943 8,735,671 3,387,179 8,954,074 9,011,458 9,196 120
New
number.. 353, 260 266,496 313,661 379, 573 662,138 821, 524 781, 971 655,847 635,451 526,227 481, 856 428, 775 343,155
Placements:
Number
227, 588 185,108 247, 507 271, 711 248,568 258,250 242,838 232,176 246,431 149,279 149, 276 155, 506 145,165
.017
.017
.045
".016
Per active applicant
. . . . number. _
.039
.034
.018
.025
.029
.037
.029
.028
.027
Labor turn-over:!
3.30
3.65
2.95
3.63
Accessions
percent of no. on pay roll3.01
4.60
3.79
3.63
3.18
4.95
5.23
4.17
Separations:
.18
Discharged—percent of no. on pay roll..
.20
.17
.20
.17
.21
.17
.20
.20
.20
.21
.19
2.89
2.66
2.21
3.00
2.32
Laid off
percent of no. on pay roll..
2.60
3.46
2.57
2.70
1.95
2.03
2.58
Voluntary quits
.69
.71
1.21
.77
percent of no. on pay roll..
.75
.93
.83
.86
1.05
.90
PAY ROLLS
76.6
72.2
Factory unadj. (B. L. S.) *§....1923-25=100..
74.5
68.5
66.4
65.4
69.7
72.2
75.0
75.7
72.3
70.8
70.8
70.1
64.3
64.1
Durable goods group*§
1923-25=100..
60.5
60.1
58.9
68.1
57.6
55.6
60.6
66.3
68.7
61.8
Iron and steel and products
68.8
64.4
«65.2
59.4
58.3
59.4
65.5
59.3
55.7
62.7
65.1
1923-25=100..
52.6
Blast furnaces and steel works
72.0
66.4
61.1
52.4
61.6
64.2
66.1
68.0
«68.2
73.5
63.3
56.8
1923-25=10062.3
Structural and metal work
45.0
40.9
40.7
42.2
46.0
45.3
38.7
43.9
44.7
39.8
45.6
1923-25=10049.6
"44.8
91.5
87.0
93.8
97.7
100.2
90.9
83.3
103.6
91.5
Tin cans, etc
1923-25=100..
85.4
105.7
94.5
86.1
44.2
34.8
36.3
38.3
48.6
41.1
Lumber and products
1923-25=100. _
36.3
44.4
45.0
37.5
47.3
44.8
41.4
58.4
Furniture
1923-25=100..
47.1
48.5
48.4
63.0
51.8
49.7
56.0
59.3
49.2
60.2
55.7
54.3
39.0
Millwork
1923-25=100..
29.1
31.5
34.2
41.9
36.1
25.8
37.7
39.6
27.7
40.8
39.2
35.9
25.9
20.1
20.9
23.3
29.5
25.2
Sawmills
1923-25=100-.
22.4
27.9
26.5
23.7
29.4
28.1
24,8
64.4
57.3
59.9
57.5
64.6
60.5
52.3
59.3
65.8
57.9
59.3
Turpentine and rosin
1923-25=100-.
59.2
55.2
• Revised.
» Preliminary.
i Temporarily discontinued by the reporting source.
• For earlier data see the following references: Employment in Maryland, and Federal civilian employment, total, United States, p. 18, December 1932; Federal and
State highway employment, dyeing and cleaning establishments, and laundries, p. 19, June 1933; trades-union members employed, p. 18, December 1932, and hours of
work, p. 20, October 1932. Pay rolls in the durable group for the period January 1923-June 1935 are shown on p. 19 of the August 1935 issue. Data for factory pay rolls
by classes are shown on p. 18 of the June 1934 issue. See also p. 19, July 1934 issue. Data on the U. S. Employment Service for the period July 1933-June 1935 were shown
on p. 19 of the September 1935 issue.
! For revised data refer to the indicated pages as follows: Employment in New Jersey and Pennsylvania, p. 19, September 1933; employment in laundries, and dyeing
and cleaning establishments, p. 20, August 1934; hotels revised for the period January 1929-July 1935, inclusive, see p. 20 of the September 1935 issue. For revised data on
employment in wholesale and retail trade for 1930-34, see p. 20 of the March 1935 issue. Hours of work per week in factories revised for 1933. See p. 20 of the July 1034
issue. For labor turn-over see p. 20 of the April 1935 issue. Industrial disputes revised for 1935. February revision: Number of disputes, 232; man days lost, 836,498;
workers involved, 96,533.
• Figures represent the condition as of the end of the month shown. This method has been followed since September 1932. Figures shown previous to that date in
the Survey are as of the first of the month. They were published as of the first of the following month by the Department of Agriculture.
1 Data revised for 1934. See pp. 29 and 56 of the May 1935 issue.
§ Data have been revised for the period January 1933-September 1935. Revisions not shown in the November 1935 issue appear on p. 16 of the January 1936 issue.
A The revised series on dyeing and cleaning and laundry employment shown in the August 1935 issue have been dropped by the B . L. S. and the publication of the
original series resumed.
30
SURVEY OF CURRENT BUSINESS
Monthly statistics through December, 1931,
together with explanatory footnotes and references to the sources of the data, may be found
in the 1932 Annual Supplement to the Survey
1936
March
May 1930
1935
March
April
May
June
July
1936
DecemAugust SeptemOctober November
ber
ber
January
February
EMPLOYMENT CONDITIONS AND WAGES—Continued
PAY ROLLS—Continued
Factory unadjusted—Continued.
Durable goods group—Continued.
82.2
Machinery
1923-25=100
171.0
Agricultural implements.l923-25=100. _
63.7
Electrical machinery, etc.l923-25=100..
Foundry and machine shop products
71.6
1923-25=100..
109.7
Radios and phonographs.l923-25=10073.8
Metals, nonferrous §
1923-25=100..
Aluminum manufactures §
79.7
1923-25=100..
Brass, bronze, copper products
70.0
1923-25=100..
Stamped and enamel ware §
96.8
1923-25=10062.8
Railroad repair shops
1923-25=100..
63.6
Electric railroads
1923-25= 10062.9
Steam railroads
1923-25=100Stone, clay, and glass products
43.4
1923-25=100Brick, tile, and terra cotta
22.3
1923-25=10031.8
Cement
1923-25=10088.9
Glass
1923-25=100..
90.2
Transportation equipment-1923-25=100..
97.7
Automobiles
...1923-25=100—
62.0
Cars, electric and steam. 1923-25=10084.6
Shinbuilding
1923-25=100—
84.7
Nondurable goods group* §__ 1923-25=100102.7
Chemicals and products—.1923-25=100102. 6
Chemicals
1923-25=100100.0
Druggists' preparations.. 1923-25=100..
95.9
Paints and varnishes
1923-25=100..
Petroleum refining
-1923-25= 100_ _ 104.0
267. 3
Rayon and products
1923-25=10087.5
Food and products
..1923-25=100100.9
Bakins
- .1923-25 = 100—
162.4
Beverages
1923-25=100—
Slaughtering, meat packing
73.9
1923-25=10075. 5
Leather and products
1923-25=100—
69.7
Boots and shoes
.1923-25=100..
93.8
Leather
1923-25=10090.5
Paper and printing
1923-25=100..
94.9
Paper and pulp
1923-25 = 100..
62.3
Rubber products §
1923-25=100..
46.9
Rubber tires and tubes. _ 1923-25=10084.2
Textiles and products
1923-25 = 10079.9
Fabrics
_. 1923-25 = 100..
87.7
Wearing apparel
1923-25 = 10044.9
Tobacco manufactures
1923-25 = 100—
Factory by cities:
81.0
Baltimore*
-1929-31=100..
52.2
Chicago*
1925-27 = 100—
87.0
Milwaukee*
—.1925-27=100—
69.1
New York*
1925-27=100..
79.9
Philatfelnhia*t
1923-25 = 100 .
75.5
Pittsburgh*!
- .1923-25 = 100..
Factory by States:
69.9
Delawaref____ 1923-25=10060.8
IllinoisA
1925-27=100—
84.4
Maryland*
1929-31 = 100—
62.5
Massachusetts*!
_ .1925-27=10066.4
NRW Jersevt
.1923-25 = 100..
67.2
New York
1925-27=100..
69.6
Pennsylvania!
.1923-25=100—
79.2
Wisconsin
1925-27=100—
Nonmanufacturing (B. L. S.):
Mining:
42.6
Anthracite
1929 = 100
70.1
Bituminous coal
1929 = 100 _
45.1
Metalliferous
1929=100—
Petroleum, crude production
56.0
1929=100..
30.9
Quarrying and nonmetallic. 1929=100. _
i
66.9
113.7
57.2
67.6
108.8
58.4
67.8
110.5
58.2
66.9
127.5
56.1
67.5
135.2
54.7
71.2
137.5
57.8
75.2
136.8
62.1
78.4
136.1
65.2
78.9
145.0
64.6
80.7
155.2
65.1
78.3
162.0
61.3
57.5
110.6
65.0
58.0
107.0
64.7
57.9
101.5
63.7
56.2
100.9
62.9
56.7
112.9
59.9
60.0
133.9
64.7
62.2
166.3
70.9
64.6
185.8
78.4
65.3
179.8
78.5
68.5
143.7
79.4
66.7
126.2
72.7
« 68. 3
114.0
« 72. 4
69.6
69.3
68.0
64.6
58.3
65.8
69.6
76.0
77.0
76.7
74.6
76.7
64.0
64.1
61.5
60.0
57.5
61.1
65.8
72.5
72.9
73.4
71.3
70.3
89.7
49.6
60.7
48.9
88.0
50.7
60.4
50.1
83.3
52.5
60.2
52.0
77.6
51.0
59.0
50.5
73.9
48.2
58.8
47.5
82.3
49.0
59.6
48.3
89.8
49.1
59.1
48.5
99.9
53.1
60.0
52.7
101.0
54.5
59.3
54.2
102.8
57.1
61.8
56.9
90.8
52.2
60.8
51.7
90.7
«57.8
62.5
a
57. 6
37.4
39.3
40.3
40.5
38.9
40.9
42.2
44.5
43.9
44.6
38.0
«38.7
16.3
25.0
81.3
98.2
112.7
54.5
63.8
83.9
96.1
93.7
95.9
86.2
96.4
252. 3
83.3
93.7
146.9
16.3
31.9
82.7
102.7
117.1
65.1
62.0
82.4
95.9
96.2
97.7
91.9
96.9
242.7
85.9
95.5
153.6
17.7
36.8
81.6
94.2
105.1
65.8
65.7
79.2
94.8
97.8
93.9
95.1
96.8
237.8
87.3
97.3
162.5
19.3
40.1
82.0
82.4
93.4
46.6
55.5
77.6
95.0
98.0
93.7
94.0
99.3
240.5
90.9
99.6
173.4
20.2
37.9
77.0
74.7
85.7
28.0
59.4
77.9
95.4
101.6
92.3
88.9
100.5
240.2
96.9
96.5
192.7
21.2
35.8
82.3
71.6
80.6
30.4
61.5
83.4
97.0
100.8
92.0
87.8
102.5
253.4
100.9
95.7
189.8
22.5
35.2
85.6
65.7
72.1
31.8
65.6
87.1
99.0
98.8
97.3
89.5
102.8
264.1
105.5
101.6
171.0
24.0
35.1
90.9
86.4
97.7
41.0
70.4
86.2
100.6
100.1
99.9
94.8
102.2
263.5
98.0
100.8
157.7
23.4
33.3
91.2
101.5
116.7
47.4
72.5
82.7
99.1
101.9
94.7
94.0
98.8
263.3
91.9
99.7
151.2
23.3
31.1
94.2
104.4
118.8
55.2
77.2
85.1
100.8
102.1
97.2
93.7
104.0
268.0
90.5
99.4
147.4
27.0
23.4
82.3
89.6
99.7
51.8
77 2
82^3
97.9
99.7
95.3
91.8
99.5
264.4
87.3
99.0
147.0
« 19.4
23.8
83.^
« 80. .c
87. r
54. C
«75. 3
«82>
97. f
99. fe
94.2
93. £
98. f
260.?84.7
99. £
143. L
73.5
84.1
80.7
94.2
84.5
88.4
70.6
62.7
86.8
83.3
88.5
44.3
74.3
79.1
75.1
91.4
84.6
87.3
71.2
65.4
82.4
78.0
86.4
43.1
74.0
72.3
66.7
90.0
84.8
86.9
66.5
58.7
75.5
74.9
72.1
43.8
74.8
70.9
64.7
91.1
83.4
87.4
64.9
58.9
70.9
72.0
64.6
46.8
75.0
77.5
73.1
91.2
81.4
85.1
61.3
54.2
68.4
70.1
60.8
47.6
73.2
81.7
77.7
94.2
83.0
87.2
64.3
55.8
78.9
76.5
78.8
46.6
74.1
76.9
71.1
95.2
86.2
90.7
68.8
59.0
84.6
80.4
87.8
49.4
75.6
73.8
65.9
99.4
88.2
93.3
70.8
59.0
84.5
83.3
81.8
50.5
77.7
66.6
56.1
101.4
88.0
91.7
70.3
59.9
79.7
82.6
69.2
48.9
79.7
75.4
66.7
103.7
91.8
94.4
74.5
63.8
81.9
85.3
70.5
49.6
81.6
79.1
72.7
99.7
88.2
91.7
70.2
59.9
79.1
80.0
72.6
41.7
73. £
"79.£
° 74. c
96. f
88. {
93.« 69. S
"60.1
81.1
79. (
a
78.t
43.^
76.1
48.8
75.2
65.3
75.1
65.9
78.5
48.5
78.5
63.7
75.0
66.4
77.0
47.4
77.2
59.7
73.0
65.4
76.4
46.7
76.3
57.4
73.2
60.8
73.9
45.9
77.9
56.8
72.3
56.7
77.1
46.7
77.5
62.3
76.4
65.8
81.6
48.8
82.6
67.1
79.6
67.0
80.4
49.6
82.7
66.7
81.0
76.2
79.3
48.9
84.5
63.4
79.7
74.5
80.0
50.6
86.7
64.5
80.4
74.5
78.1
51.2
84.5
63.6
78.2
71.4
80.
51.
81.
63.
78.
61.5
54.1
81.0
62.3
61.5
63.1
63.7
69.3
62.5
54.6
82. 5
60.9
60.8
62.9
63.0
69.7
62.7
53.0
80.4
58.2
60.9
61.2
61.9
69.4
66.4
52.3
79.7
56.8
59.2
60.2
59.8
70.5
65.1
51.8
77.1
57.3
58.8
59.5
58.0
76.2
70.8
53.5
80.6
59.8
63.3
62.5
63.9
74.3
70.5
55.6
85.5
61.9
64.8
65.9
65.0
78.1
70.4
56.9
84.9
63.0
67.6
66.3
70.3
77.1
69.2
56.5
82.5
59.8
68.1
64.3
68.4
75.8
72.3
58.4
83.9
63.9
68.1
65.9
68.2
77.3
71.9
57.4
81.9
62.0
65.2
64,4
a
66. 0
75.2
"70.
38.9
67.5
30.9
49.9
45.0
31.8
49.5
49.1
31.4
66.0
64.7
31.5
37.5
"35.9
31.1
28.3
45.8
33.4
38.2
60.1
35.4
55.9
69.8
38.7
28.4
65.5
39.6
55.4
69.5
43.2
54.4
70. 6
41.7
76.
78.
42.
56.0
24.9
56.7
28.9
57.8
32.8
59.2
33.8
59.9
34.4
58.9
36.3
60.9
35.4
57.9
36.5
<*57. 2
32.1
59.9
29.7
55. 7
25.5
55.
23.
88.5
67.8
77.2
79.4
63.4
75.3
79.0
63.3
73.1
79.8
63.6
73.7
79.8
63.9
74.4
81.5
63.4
75.7
82.8
63.3
75.5
84.5
64.0
73.8
84.4
64.1
74.9
83.4
63.8
74.9
86.0
66.1
75.6
«84.8
«65.0
a
75. 0
84.
68.
76.
63.5
69.2
60.4
65.2
62.5
64.8
62.0
64.6
62.5
64.6
60.5
64.6
59.3
64.8
62.5
67.2
63.2
66.8
63.4
66.9
"69.3
68.6
«62.1
66.6
61.
66.
56.4
66.0
69.9
53.5
63.9
64.6
61.9
63.6
65.5
61.7 !
63.7
66.6
65.7
63.5
68.2
61.5
62.1
70.9
58.2
62.0
69.2
63.1
63.1
67.9
61.1
64.3
67.1
55.4
64.8
66.7
52.9
64.2
67.5
51.6
64.9
68.3
49.
66.
67.
a
JQ
a
165'. 3
« 61.0
°73.
58.
83.
«63.
a
65.
64.
67.
74.
r UDUC Utll.il/loo.
Electric
manufacturedlight
gas and power and
1929=100..
Electric railroads
1929=100
Telephone and telegraph... 1929=100Trade:
Retail t
- 1929=100
Wholesale!
1929=100. _
Miscellaneous:
#
Dyeing a n d cleaning*t
Hotelsf
Laundries*t#
-
1929=100.1929=1001929=100..
1
Revised.
*For earlier data on the following subjects, refer to the indicated pages of the monthly issues as follows: Pay rolls, Baltimore, p. 18, December 1932; pay rolls, Chicago,
tRevised series. For revisions on the following subjects, refer to the indicated pages of the monthly issues as follows: Pay rolls, Pennsylvania, Delaware, New Jersey,
and Philadelphia, p. 19, September 1933; for revisions of years 1930-34 for these series and for the city of Pittsburgh, see p. 20 of the March 1935 issue; pay rolls, Massachusetts, for 1931, p. 19, August 1933 and 1932-34 p. 20, September 1935; pay rolls in wholesale and retail trade for 1930-34, inclusive, p. 20, March 1935; pay rolls in dyeing
and cleaning'establishments and laundries, p. 20, August 1934; hotels revised for the period January 1929-July 1935, inclusive; see p. 20 of September 1935 issue.
* Revised data on Illinois pay rolls from April 1929 to December 1932 will be shown in a subsequent issue.
' • The revised series on dyeing and cleaning and laundry payrolls shown in the August 1935 issue have been dropped by the Bureau of Labor Statistics and the publication of the original series resumed.
§ Data have been revised for the period January 1933-September 1935. Revisions not shown in the November 1935 issue, appear on p. 16 of the January 1936 issue.
31
SURVEY OF CURRENT BUSINESS
Mav 1936
Monthly statistics through December 1931,
together with explanatory footnotes and references to the sources of the data, may be found
in the 1932 Annual Supplement to the Survey
1936
1935
March
August I
March
April
June
May
July
1936
Novem- DecemOctober
January Februber
ary
ber
EMPLOYMENT CONDITIONS AND WAGES—Continued
WAGES—EARNINGS A N D R A T E S
Factory, weekly earnings (25 industries) :*tc?
All wage earners...
dollars..
23.18
Male:
Skilled and semiskilled
dollars., j 26. 35
Unskilled
dollars..
19.14
Female..
dollars..
15. 33
All wage earners
1923=100..
87.1
Male:
i
Skilled and semiskilled
1923=100-.
85. 6
Unskilled
1923=100..!
85.9
Female
1923=100..i
88.9
Factory, av. hourly earnings (25 indus- |
tries) :*tc?
|
All wage earners
dollars..|
. 609
Male:
I
Skilled and semiskilled
dollars..
. 673
Unskilled
dollars..
. 495
Female
dollars..
. 429
Factory, weekly earnings, by States:
Delaware
1923-25=100..
83.1
Illinois
1925-27 = 100-84. 2
Massachusetts*!
1925-27=100..!
86.8
New Jersey
1923-25=100-.!
97.1
New York
.....1925-27 = 100-.!
87.0
Pennsylvania
1923-25=100- _|
87. 7
Wisconsin
1925-27 = 100--1
88. 4
Miscellaneous data:
I
Construction wage rates:*§
I
Common labor (E. N. jR.).dol. per hour--!
. 547
Skilled labor (E. N. R.)..do\.
per hour.1.13
Farm wages, without board (quarterly)
dol. per m o n t h . . |
30.87
Railroads, wages
dol. p e r h o u r . J
Road-building wages, common labor:#
j
United States
dol. per h o u r - J
. 37
East North Central
dol. per hour..;
. 62
East South Central
dol. per h o u r . . |
. 30
Middle Atlantic
dol. per hour..!
. 48
Mountain States
dol. per hour.-j
. 55
New England
dol. per hour..|
.50
Pacific States
dol. per hour--!
. 59
South A t l a n t i c . . .
dol. per hour.-j
.32
West North Central
dol. per hour.-j
. 47
West South Central
dol. per hour..'
. 36
Steel industry:
I
U. S. Steel Corporation
dol. per h o u r . . |
.485
Youngstown district... percent base scale.-j
115. 0
I
21.86
21.93
21.76
21.46
21.75
22.32
22.58
23.12
23.31
23.47
23.09
0
26.04
19.08
15.12
86.8
» 26.14
"18.93
15.42
°86.7
23.09
24.25
17.85
15.47
82.1
24.62
17.87
15.21
82.4
24.41
17.49
14.83
81.8
24.11
17.48
14.73
80.6
24.58
17.66
14.77
81.7
24.97
18.16
15.33
83.9
25.06
18.65
15. 56
84.9
25.83
19. 34
15.60
86.9
26.05
19.48
15. 61
87.6
26.40
19.47
15.97
88.2
78.7
80.1
89.7
79.9
80.2
88.2
79.3
78.5
86.0
78.3
78.5
85.4
79.8
79.3
85.7
81.1
81.5
88.9
81.4
83.7
90.3
83.9
86.8
0.5
84.6
87.4
90.5
85.7
87.4
92.6
84.5
85.6
87.7
°84.9
« 85.0
89.4
.597
.598
.599
.599
.598
.601
.602
.604
.605
.600
a
.659
.494
.433
.659
.492
.434
.661
.493
.436
.660
.493
.436
.659
.489
.434
.663
.491
.435
.665
.491
.434
.665
.497
.435
.667
.501
.435
.502
.434
.663
.492
.431
«. 671
".493
.430
78.6
77.7
86.0
91.9
85.0
82.4
79.3
78.3
77.3
84.8
91.3
84.1
82.4
80.5
77.1
75.8
84.2
91.8
83.0
81.4
79.8
77.6
76.3
84.0
91.3
83.0
79.4
80.8
76.5
77.3
84.3
90.6
82.6
76.5
81.2
72.6
78.2
85.8
93.1
84.7
83.0
81.2
77.3
79.2
86.7
92.7
85.7
82.9
85.9
80.1
80.8
86.0
94.2
85.2
87.1
84.8
82.5
80.0
81.7
94.4
83.7
86.0
84.5
85.1
82.1
87.3
96.2
86. 4
86.3
87.9
84.4
81.6
87.0
95.4
85.7
85.0
86.2
83.4
81.8
87.0
95. 4
85.6
85.9
83.4
.524
1. 11
.526
1.10
.523
1.08
.527 j
1.07 |
.529
1.08
.529
1.08
.529
1.08
.529 I
1.10 I
.528
1.10
.528
1.10
.547
1. 12
.547
1.12
28.82
.647
.676
.669
30.08
.670
.662
.658
30.38 I
.669 !
.667
.682
28.63
.685
.680
.55
.31
.46
.37
.41
.53
.30
.43
.56
.43
.55
.31
.47
.37
.42
.53
.30
.43
.57
.43
.56
.31
.47
.37
.42
.53
.30
.43
.57
.43
.57
.31
.47
.36
.42
.54
.30
.43
.57
.44
.57
.31
.47
.36
.42
.54
.30
.43
.57 !
.46 '
.57
.31
.47
.36
.42
.55
.30
.44
.57
.47
.59
.41
.55
.30
.44
.56
.48
.60
.33
.485
115. 0
115.0
.485
115. 0
.485
115.0
.485
115.0
.485
115.0
.39
.52
.30
.44
.55
.47
.55
.31
.46
.37
.485
115. 0
.40 |
.53
.30 I
.43 |
.56
.45 I
.42
.54
.30
.44
.57
.46
.58
.32
.47
.36 j
.485 I
115.0
.32
j
.48 !
.36
.485 !
115.0
.485
115.0 !
. 606
.40
.58
.30
.44
.55
.48
.60
.31
.48
.38
.60
.30
.46
.54
.50
.57
.33
.49
.36
. 485
115. 0
.485
115.0
FINANCE
BANKING
Acceptances and com'l paper outstanding:
Bankers' acceptances, total..mills, of dol..
Held by Federal Reserve banks:
For own account
mills, of dol ~
For foreign correspondents
mills, of dol._
Held by group of accepting banks, total
mills, of doL.
Own bills
mills, of dol._
Purchased bills
mills, of dol_.
Held by others
mills, of dol._
Com'l paper outstanding
mills. ofjioL.
Agricultural loans outstanding:
Farm mortgages:
Federal land banks
mills, of dol_.
Joint stock-land banksj
mills, of doL.
Land-bank commissioner*-mills. of dol._
Federal intermediate credit bank loans to
and discounts for:A
Regional agricultural credit corp's and
production credit ass'ns__mills. of doL.
All other institutions
mills, of dol._
Other loans:
Agricultural marketing act revolving
fund loans to cooperatives!
mills, of doL.
Banks for cooperatives, incl. Central
Bank*
mills, of dol._
Emergency crop loans*
mills, of dol._
Prod. cred. ass'ns*
mills, of dol..
Regional ag. credit corp.*..mills, of doL.
359
466
413
375
343
321
322
328
363 i
387
397
321
150
171
38
180
423
197
226
43
182
391
178
214
22
175
356
162
19
173
317
154
163
26
159
296
148
148
24
164
292
145
147
30
301
148
154
27
183
339
178
161
24
180
358
182
175
29
178
368
183
185
29
172
353
181
172
31
178
340
172
168
37
176
2,060
162
818
1,975
230
687
1,976
223
697
1,998
215
. 716
2,017
208
733
2,024
201
743
2,036
195
755
2, 047
190
765
2,059
184
777
2,066
180
786
2,072
176
795
2, 066
170
803
!,059
166
811
123
50
115
130
83
131
129
64
125
64
115
60
101
53
100
50
105
49
105
48
111
49
49
46
47
46
45
32
»122
101
77
24
»125
107
73
25
»126
110
69
31
125
109
65
43
122
101
59
48
114
93
52
41
104
116
40
384
51
43
50
47
109 |
104
107
105
103
92 I
94
96
80
43
46 i
41
41
I
"Revised.
fRevised series. For revisions on the following subjects, refer to the indicated pages of the monthly issues. Massachusetts weekly earnings for 1931, p. 19, August
1933; and for 1932-34, p. 20, September 1935; factory weekly and hourly earnings for 1933, p. 20, July 1934. Certain classes of loans included in the figures shown through
May 1934 have been reclassified and removed from the agricultural category.
c? Data for 1934 revised. See pp. 30 and 56 of the May 1935 issue.
§Construction wage rates as of Apr. 1, 1936—common labor, $0,552; skilled labor, $1.13.
#Beginning with March 1932 data are based on Federal-aid and State projects; before that time the data are based on Federal-aid projects.
JJoint-stock land banks in liquidation.
•New series. For earlier data on the following subjects, refer to the indicated pages of the monthly issues as follows: Factory weekly earnings for period of January
1927 through August 1932, p. 20, October 1932; factory hourly earnings for January 1926-December 1931, p. 18, December 1932; weekly earnings Massachusetts for January
1926-December 1931, p. 18, December 1932; construction wage rates for January 1922-July 1933, p. 19, September 1933. Additional series on agricultural loans were first
included in the June 1934 issue for land-bank commissioner for period July 1933-April 1934. Additional series were also included in this issue for banks for cooperatives
including central bank and production credit associations for the period October 1923-April 1934, and emergency crop loans and regional agricultural credit corporations for
April 1933-April 1934. Data for emergency crop loans for fiscal years from June 1922-June 1931 and monthly periods January 1932-March 1933 and regional credit corpora
tions for October 1932-March 1933 will be shown in a subsequent issue.
ABreak-down offiguresshown in issues up to November 1934.
32
SUEVEY OF CURRENT BUSINESS
Monthly statistics through December 1931,
together with explanatory footnotes and references to the sources of the data, may be found
in the 1932 Annual Supplement to the Survey
1936
March
May 1936
1935
March
April
May
July
June
1936
August SeptemOctober
ber
No V e m
b e r -
December
January
February
FINANCE—Continued
BANKING—Continued
Bank debits, total
mills, of dol.. 37, 493 a 31, 649 «31, 550
15,905
New York City
mills, of dol— 19,629
15,895
Outside New York City
mills, of dol_. 17, 864 « 15, 754 « 15,645
Brokers' loans:
Reported by N. Y. Stock Exchange
997
773
805
mills, of doL_
Ratio to market value
percent..
1.93
2.50
2.40
By reporting member banks:
To brokers and dealers in N. Y.*
990
741
881
mills, of dol—
To brokers and dealers outside N. Y.*
192
220
176
mills, of d o l Federal Reserve banks:
8,833
9,096
Assets, total
.mills, of d o l - 11,127
Reserve bank credit outstanding
2,473
2,471
2,468
mills, of dol—
c
c
Bills bought..
mills, of dol—
0
0
8
Bills discounted__mills, of dol—
8
6
United States securities-mills, of d o l 2,430
2,437
2,430
Reserves, total
.mills, of dol8,027
5,825
6,014
Gold reserves §
mills, of dol—
7,680
5,592
5,769
Liabilities, total
mills, of d o l - 11,127
8,833
9,096
Deposits, total.
mills, of d o l 6,497
4,893
5,084
Member bank reserves
mills, of dol..
5,087
4,247
4,715
Excess reserves (est.)*—- mills, of dol._
2,305
1,846
2,253
Notes in circulation^
mills, of d o l 3,764
3,166
3,153
Reserve ratio
percent..
78.2
72.3
73.0
Federal Reserve reporting member banks:K
Deposits:
12, 231
11,688
Demand, adjusted*
mills, of dol— 13,578
Time
.mills, of doL.
4,909
4,910
4,991
Investments
mills, of d o l - 13, 229
11, 709
11,804
U. S. Gov. direct obligations*
8.643
7,902
7,858
mills, of dol..
U. S. Gov. guaranteed issues*
1,265
772
782
mills, of dol—
Other securities*mills, of dol—
3,321
3,079
3,120
Loans, total
.mills, of dol..
8,392
8,084
8,155
Acceptances and commercial paper*
352
440
403
mills, of d o l 1,144
1,122
1,119
On real estate *
mills, of d o l 88
120
114
To banks
.mills, of d o l 3,313
3,219
3,219
On securities
.mills, of d o l Other loans*
_ .mills, of d o l - 3,495
3,300
3,300
Interest rates:
Vs
H
Acceptances, bankers' prime
percentBank rates to customers:*
2.61
2.64
2.61
In New York City—
percentIn eight other northern and eastern
3.60
4.05
3.99
cities
—percentIn twenty-seven southern and western
4.44
4.85
4.80
cities
percent.75
.64
Call loans, renewal
percent1.00
3,4
Com'l paper, prime (4-6 mos.)...percent%
%
Discount rate, N. Y. F. R. Bank-percent1.50
1.50
1.50
Federal Land bank loans*
percent4.00
5.00
4.33
Intermediate credit bank loans—percent2.00
2.00
2.00
1
U-l
H-l
Time loans, 90 days
percentSa
30,108 « 31, 475 « 33, 287 « 30, 268 « 29, 031 a 32, 577 « 32, 227 « 36, 360
14,551
17,684
15, 667
16, 737
15, 733
15, 542
14, 733
14,014
15, 557 «15, 808 a 16, 550 a 15, 536 «15,016 «16, 844 «16,685 «18, 676
35, 424
17,925
17,499
31,572
15,806
15,766
793
2.29
809
769
772
781
792
846
938
925
2.23
1.98
1.94
1.93
1.84
1.88
2.00
1.84
924
1.81
864
921
825
778
846
779
850
980
893
898
176
183
170
160
169
152
173
183
171
171
9,165
9,529
9,556
9,749
9,872
10,416
10, 780
11,026
11,088
11,094
2,469
5
8
2,430
6,108
5,901
9,165
5,146
4,832
2,318
3,189
73.3
2,480
2,465
2,485
2,477
2,482
2,480
2,486
2,479
5
6
5
7
5
11
5
10
5
6
5
6
5
5
5
9
2,433
6,426
6,203
9,529
5,406
4,979
2,414
3,258
74.2
2,430
6,515
6,246
9,556
5,478
5,100
2,513
3,262
74.5
2,432
6,716
6,502
9,749
5,562
5,305
2,708
3,399
74.9
2,430
6,838
6,633
9,872
5,613
5,254
2,600
3,474
75.3
2,430
7,285
7,053
10,416
5,999
5,648
2,970
3,532
76.4
2,430
7,566
7,347
10, 780
6,166
5,835
0
3,100
3,647
77.1
2,431
7,835
7,571
11,026
6,386
5,587
« 2, 844
3,709
77.6
2,430
8,006
7,668
11, 088
6,617
5,860
3,084
3, 633
78.1
2,482
5
7
2,430
8,021
7,685
11,094
6,535
5,784
«2,986
3,732
78 1
12,556
4,935
11,676
12,921
4,842
11, 791
12,962
4,856
12, 034
13, 263
4,839
12,022
13,246
4,890
12, 390
13, 598
4,899
12,476
14, 018
4,872
12,480
13,887
4,911
12, 646
14,017
4,888
12,996
14,090
4,900
13.047
7,778
7,824
7,947
7,877
8,183
8,177
8,301
8,468
8,655
8,690
791
3,107
8,111
972
1,017
3,070
7,811
1,035
3,110
7,817
1,094
3,113
8,030
1,133
3,166
7,902
1,137
3,042
8,152
1,126
3,052
8,249
1,172
3,169
7,999
1,201
3,156
7,959
349
1,146
66
3,117
3,281
375
1,157
162
3,156
3,261
l
A
2,995
8,037
322
306
310
324
329
353
362
360
1,147
1,136
1,135
1,144
1,146
1,140
1,136
1,142
3,208
3,277
3,076
3,190
3,009
3,288
3,095
3,380
3,006
3,340
3,108
3,401
3,274
3,401
3,128
3,304
H
H
M
H
n
Vk
2.67
2.72
2.72
2.77
2.61
2.64
2.56
83
103
H
75
87
81
150
76
65
2.69
2.66
2.61
3.88
3.78
3.87
3.79
3.75
3.75
3.63
3.67
3.62
3.63
4.79
.25
%
1.50
4.25
2.00
34
4.76
.25
3/
A
1.50
4.19
2.00
158
.25
4.63
.25
4.55
.29
4.51
4.55
%
1.50
4.00
2.00
1.50
4.00
2.00
4.51
.25
H
1.50
4.00
2.00
1.50
4.00
2.00
4.51
.75
%
1.50
4.00
2.00
H
u
H
H
M
.75
.75
4.47
.75
%
1.50
4.00
2.00
%
1.50
4.00
2.00
1.50
4.00
2.00
1
1
3/
74
1
5,177
5,204
5,154
5,152
5,152
5,187
5,161
5,187
5,179
5,185
5,158
5,161
5,177
Ne^SY1ork)S1tatemills, of d o l U S Postal Savings:
Bal to credit of depositors.thous. of d o l - 1,215,825 1,202,657 1,200,425 1,205,201 1,204,844 1,189,490 1,191,754 1,191,677 1,196,427 «1,198,966 "1,201,304 1,207,971 1,213,878
BaL on deposit in banks-thous. of d o l - 201, 530 477,111 451,563 411,714 384, 510 363.001 347,870 318, 513 305,778 "293,598 *286, 588 243, 702 190,036
FAILURES <?
Commercial failures:
Grand total
number..
Commercial service, total
number..
Construction, total.
....number..
Manufacturing, total
number..
Chemicals and drags
number..
Foods
number..
Forest products
..number..
Fuels
..number..
Iron and steel .
number..
Leather and leather products-numberMachinery
number..
Paper, printing, and publishing
number—
1,083
1,056
58
74
210
6
57
16
6
13
10
12
898
47
58
169
8
38
12
1
9
10
11
910
53
54
180
10
35
11
7
8
7
8
1,077
6
787
46
38
143
9
45
6
5
5
8
3
10
12
13
10
12
12
14
5
9
62
68
180
7
39
20
3
9
7
7
1,004
67
56
172
10
37
14
1
7
7
9
944
47
54
166
6
48
10
5
5
9
12
902
43
55
172
5
40
14
3
11
8
8
884
48
53
132
1
43
9
2
6
11
19
14
4
9
946
47
51
158
2
50
11
3
5
4
6
940
63
45
170
6
40
25
17
59
51
174
10
40
18
8
8
5
856
41
36
137
3
34
13
3
6
4
12
° Revised.
*New series. For earlier data on the following subjects, refer to the indicated pages of the monthly issues. New series on "Brokers' Loans" for the period January
1929-December 1935 are shown on p. 19 of the March 1936 issue. For new series on bank rates to customers see p. 19 of the March 1936 issue. For new series on interest
rates of Federal land banks see p. 20 of the April 1935 issue. Data on excess reserves prior to September 1934 will be shown in a subsequent issue. See footnote below
on break-down of "Investments" and total loans. These 3 series represent a break-down of the investment total. Monthly data previous to October 1934 not available.
Data on acceptances and commercial paper, on real estate, to banks and other loans represent a break-down of the "All other" loans total which was published prior to
§Figures subsequent to December 1933 represent gold certificates on hand and due from Treasury, plus redemption fund.
JMethod of computing net demand deposits subject to reserve was changed by the "Banking Act of 1935" approved Aug. 23,1935. Consequently figures since that
date are not comparable with those for earlier periods. Data for months August 1934-August 1935 were incorrectly shown in the October 1935 issue.
^Data on Federal Reserve Reporting Member Banks represent operations in 101 leading cities. These series, according to a statement in the Federal Reserve Bulletin
for November 1935, in the main, represent a continuation of the 101 city series published prior to the bank holiday. It is pointed out that although the banking crisis and
subsequent developments affected these series considerably, the data reflect the course of banking developments during the disturbed period. Data on 101 cities were last
shown in the May 1933 Survey for February 1933. Figures on the new basis not shown above will appear in a subsequent issue. Data on brokers' loans by reporting
member banks also represent a continuation of the series covering 101 cities last shown in the May 1933 Survey.
cf Classifications have been changed and revised data prepared beginning with January 1934. These data are shown on p. 20 of this issue.
33
SURVEY OF CURRENT BUSINESS
May 1936
Monthly statistics through December 1931,
together with explanatory footnotes and references to the sources of the data, may be found
in the 1932 Annual Supplement to the Survey
1936
March
1935
April
March
June
May
July
1936
Decem- January FebruAugust S O P * - October November
ary
ber
FINANCE—Continued
FAILURESJ-Continued
Commercial failures—Continued.
Grand total—Continued.
Manufacturing, total—Continued.
Stone, clay, and glass products
number..
Textiles
number..
Transportation equipment, .number..
Miscellaneous
number..
Wholesale trade, total
number..
Retail trade, total
number..
Liabilities:
Grand total
thous. of doL.
Commercialservice,totaLthous. of doL.
Construction, total
thous. of doL.
Manufacturing, total
thous. of doL.
Chemicals and drugs..thous. of doL.
Foods
thous. of doL.
Forest products
thous. of doL.
Fuels
...thous. of doL.
Iron and steel
thous. of doL.
Leather and leather products
thous. of doL.
Machinery
thous. of doL.
Paper, printing and publishing
thous. of dol.
Stone, clay, and glass products
thous. of dol.
Textiles...
thous. of dol.
Transportation equipment
thous. of dol.
Miscellaneous
thous. of dol.
Retail trade, total
thous. of dol.
Wholesale trade, total—thous. of dol.
7
27
3
23
88
602
3
26
2
29
75
587
16,271
650
4,484
4,371
21
707
248
21
90
*U
51
218
15, 361
1,492
1,162
5,660
62
794
1,201
1
43
2
27
79
630
1
30
2
17
71
489
5
48
6
18
81
633
5
39
3
23
65
559
6
47
1
28
75
548
5
39
4
25
89
704
1
30
2
21
98
544
14, 339'
1,083
1,461
4,664
202
797
341
12
410
17, 002
2,602
1,185
2,840
260
1,029
71
58
65
17,185
1,187
2,792
4,984
122
1,038
1,026
77
210
14,384
731
2,948
3,954
442
967
195
4
52
15, 686
2,969
1,971
4,358
196
645
905
831
198
18,104
1,867
2,435
5,834
184
1,588
925
95
14, 089
404
1,819
3,360
12
1,164
340
99
227
275
30
175
168
143
404
71
128
403
61
49
125
94
466
129
186
102
246
8
617
268
1,171
63
715
109
763
265
1,779
132
201
8,539
1,836
68
195
5,904
2,318
353
487
5,371
1,380
10
316
4,777
1,611
72
360
6,245
1,723
4
828
12
254
6,651
1,855
1,393
16, 529
1,502
1,628
3,985
382
652
540
143
103
232
335
201
97
322
113
373
146
568
117
515
354
725
12
1,242
47
407
5,503
1,263
16
882
5,292
1,775
96
319
7,448
1,966
22
437
5,889
1,242
18,302
4,765
898
3,867
18,382
4,717
883
3,834
18,479
4,668
868
3,800
18,567
4,631
855
3,776
18,696
4,590
844
3,746
18,786
4,552
831
3,721
18,887
4,517
821
3,696
18,990
4,502
820
3,682
19,109
4,480
812
3,668
19,196
4,448
807
3,641
19,328
4,420
799
3,621
19,423
4,383
789
3,594
8,097
3,013
1,829
2,637
618
8,201
3,087
1,850
2,643
621
8,327
3,163
1,881
2,639
644
8,375
3,199
1,888
2,637
651
8,531
3,264
1,973
2,623
671
3,318
1,998
2,627
696
8,693
3,385
1,979
2,633
696
8,854
3,515
1,997
2,635
707
8,945
3,569
2,045
2,622
709
9,161
3,801
2,015
2,596
749
9,242
3,889
1,998
2,604
751
9,265
3,907
1,987
2,604
767
2,846
2,841
2,834
2,829
2,821
2,813
2,807
2,797
2,786
2,777
2,766
2,756
942
20
716
206
573,481
22, 501
190,044
360,936
1,229
26
934
269
728, 438
31,338
233, 988
463,112
1,047
25
775
248
700,059
36,981
207,408
455, 670
1,034
65
692
277
788,003
74, 606
187, 874
525, 523
996
949
24
30
769
703
203
216
681, 506 665,140
40, 981 30,498
193, 344 212, 055
447,181 422, 587
269,121 240, 321 225, 617
39,836
32, 591 24, 716
8,537
9,567
9,281
55, 488 51,561
53, 941
164,230 146,888 138,423
246, 754
31,413
8,546
49, 789
157,006
251, 726
33,624
8, 515
54,002
155, 585
349,903
64, 656
10, 681
94, 212
180, 354
286,015 252, 542
52, 382 26,254
9,452
10,836
53. 805 56, 245
16S, 992 ir=0, 091
414
168
44
53
149
502
215
51
60
176
495
208
51
60
176
576
233
64
69
210
118
126
349
567
720
340
6,327
2,140
LIFE INSURANCE
{Association of Life Insurance Presidents)
Assets, admitted, totalf
mills, of dol.
Mortgage loans
mills, of dol.
Farm
mills, of dol.
Other
mills, of dol.
Bonds and stocks held (book value):
mills, of dol.
Government
mills, of dol.
Public utility
mills, of dol.
Railroad
mills, of dol.
OtherA
mills, of dol.
Policy loans and premium notes
mills, of dol.
Insurance written:!
Policies and certificates
thousands.
Group
_
thousands.
Industrial.
thousands.
Ordinary.
_
thousands.
Value, total
thous. of dol.
Group
_thous. of dol.
Industrial...
...thous. of dol.
Ordinary..
..thous. of dol.
Premium collectionsf
Annuities.
Group
Industrial
„
Ordinary
1,150
32
890
228
775,982
56, 213
246, 011
473, 758
thous. of dol.
thous. of dol.
thous. of dol.
thous. of dol.
thous. of dol.
1,185
23
892
269
768,491
30, 611
235, 261
502, 619
1,151
32
854
265
733,870
37,495
228,188
468,187
1,103
38
804
261
732,188
50, 231
215,323
466, 634
252,456
26, 605
10,114
54,257
161,480
252,982
29, 231
8, 580
54, 625
160, 546
255, 226
33,800
8,966
48, 658
163,802
545
233
54
540
226
54
66
194
500
203
52
62
183
1,161
167
756
238
904,149
267, 582
203,465
433,102
242,554
30,611
8,415
52,331
151,197
(Life Insurance Sales Research Bureau)
Insurance written, ordinary, total
mills, of dol.
Eastern district
..mills, of dol.
Far Western district
mills, of dol.
Southern district
mills, of dol.
Western district
..mills, of dol.
Lapse rates
1925-26=100.
MONETARY STATISTICS
525
222
56
62
185
64 I
194 I
479
203
49
54
173
460
198
47
52
163
!
Foreign exchange rates:#
.333
.331
.329
. 331
.329
.327
,328
.322
.326
.331
.318
.329
.330
Argentina*
dol. per paper peso.
.170
.169
.109
.170
.169
.169
.169
.169
.169
.169
.168
.228
.169
Belgium
__dol. per belga.
.084
.084
.085
.084
.083
.083
.084
.083
.083
.084
.084
.083
.082
Brazil..
dol. per milreis.
1.001
.999
.998
.990
.989
.999
.999
.998
.998
.993
.986
.991
.995
Canada
dol. per Canadian dol.
.051
.051
.051
.051
.051
.051
.051
.051
.051
.051
.051
.051
.051
Chile!
dol. per peso.
4.93
5.00
4.96
4.97
4.92
4.93
4.91
4.78
4.89
4.96
4.97
4.93
England
dol. per £.
4.84
.067
.066
.066
.066
,066
.066
.066
.066
.066
.066
.066
.066
.066
France
dol. per franc.
.402
.407
.404
.402
.402
.402
.404
.404
.402
.404
.404
.403
.403
Germany
dol. per reichsmark.
.377
.372
.375
.371
.360
.372
.375
.372
.370
.3'
.369
.373
.364
India
dol. per rupee
.081
.084
.081
.083
.083
.082
.083
.082
.082
.081
.081
.083
.01
Italy
dol. per lira
.291
.287
.287
.290
.280
.289
.293
.287
.292
.284
.287
.290
.289
Japan
dol. per yen
.678
.687
.682
.678
.680
.680
.676
.677
.676
.679
.678
.675
.684
Netherlands--_
dol. per florin
.136
.138
.136
.137
.137
.137
.137
.137
.137
.137
.137
.137
.137
Spain
dol. per peseta
.254
.258
.254
. 256
.246
.254
.253
.254
.256
.256
.252
.256
.249
Sweden
-dol. per krona
.802
. 803
.802
.805
.799
.805
.801
.802
.800
.804
.805
.802
.801
Uruguay—
-dol. per peso
% See footnote on p. 32 marked "<?•"
f Revised series. For earlier data see pp. 18,19, and 20 of the July 1933 issue, insurance written and admitted assets; p. 18 of the June 1933 issue, premium collections.
i The nominal official gold value of the Chilean peso was changed from 3 pence gold to 1J-S pence gold as of Jan. 2, 1935.
# Par values of foreign currencies as given on pp. 86 and 87 of 1932 annual supplement were changed with the reduction in gold content of the United States dollar.
• Quotation based on paper peso since Dec. 10, 1933, instead of gold peso as formerly. Former equivalent to 44 percent of latter. See note on p. 56 of the March 1934
issue.
AThe figures for "other" bonds and stocks held (book value) for the months of January and February 1934 shown as 611 and 616 million dollars, respectively, in the
monthly issues from May 1934 to April 1935 should read 514 for January and 518 for February.
63051—36
5
34
SURVEY OF CURRENT BUSINESS
Monthly statistics through December 1931,
together with explanatory footnotes and references to the sources of the data, may be found
in the 1932 Annual Supplement to the Survey
1936
March
Mav 1936
1935
March J April I May
June
July
1936
I August
January
Septem- October I Novem-1 December
ber
February
FINANCE—Continued
MONETARY STATISTICS—Continued
Gold and money:
Gold'
Monetary stocks, U. S
mills, of dol.. 10,172
Movement, foreign:
969
Net release from earmark.thous. of doL.
2,315
Exports
thous of dol
Imports
thous. of dol _ 7,795
Net gold imports, including gold re6,449
leased from earmark A*thous. of dol_Production, Rand.
fine
ounces..
156,
435
Receipts at mint, domestic-fine ounces._
5,857
Money in circulation, total--mills, of dol_.
Silver:
237
Exports
- thous. of dol._
8,115
Imports
thous of dol
Price at New York
dol. perfineo z . . .448
Production, world •
thous. offineo z . .
Canada
thous. of fine oz .
Mexico
_
. thous. offineoz_.
United States
thous. offineoz..
Stocks, refinery, end of month:
United States
thous. offineoz_.
Canada
thous. of fine oz .
PUBLIC FINANCE (FEDERAL)
10. 158
8,641
8, 755
9,025
9,128
9,180
9,246
9,545
9,777
-661
540
13,543
- 2 , 301
62
148, 670
- 1 , 535
49
140,065
998
166
230, 538
-423
59
16, 287
1,796
102
46, 085
1,015
86
156,805
-1,864
76
314,424
573
242
210,810
1.250
-1,745
170 :
338
190,180
45,9*1
12, 342
882,309
117, 786
5,477
146, 307
869,956
97, 080
5,500
138, 481
916,035
114, 552
5,507
231, 370
889,026
112, 619
5,522
15,805
927,803
167, 667
5,550
47, 779
929, 331
155, 793
5,576
157,734
902, 333
173,899
5,651
313,484
931, 724
191, 898
5,704
211,141
909, 550
149,144
5,770
191,260 i 43.89*
906,496 • 924,0*1
193, 107 ! 120.712
5,897
5,757
3,128
20,842
.590
14, 951
966
5,107
2,950
1,593
11,002
.678
14, 550
1,001
5,192
2,579
2,885
13, 501
.744
16, 072
1,896
5,193
2,693
1,717
10 444
.719
15,157
1,148
5,432
2,387
1.547
30 230
.682
17, 309
1,156
6,454
3, 352
2,009
30,820
.664
19,927
1,703
8,553
3,170
1,472
45, 689
.654
19,111
1,185
7,444
3,548
260
48, 898
.654
17,121
1,031
5,237
4,008
1,853
3,106
2,372
2,513
3,280
2,112
2,351
1,930
1.943
1,842
1,487
1,576
1,691
1,746
1,076
1,418
NET CORPORATION PROFITS
(Quarterly)
Profits totalf
mills of dol
Industrial and mercantile, total
mills of dol
Antos Darts and accessories mills of dol
Foods
mills, of doL.
Metals and mining
mills, of dol_.
Machinery
mills, of dol _
Oil
mills, of doL_
Steel and railroad equip
mills, of dol
Miscellaneous
mills of do]
Public utilities!
mills, of dol _
Railroads, class I (net railway operating
income)
mills, of dol
TplpTihonps fnpt on income) mills of dol
10,072 ;
8,552
358 5
356.8
115. 2
P45 6
18.9
9.4
46
1.9
d
0 8
35 6
44 7
157 8
67 7
19.2
p9 4
6.5
4.2
6 5
42 4
143.8
36 8
23.5
10.8
6.2
16.0
2.9
47.6
39.3
84.8
110 0
48. 3
126.3
47.4
769 j
512
47,603 '
60, 065
.584
.654
15,854
22,531
1,300
1,941
9.600
3,844
3,814 ! 3,688
538
1,605
1,058
658
10,163
-9,506
23.637
7.002
-26,141
894.624
125,529
5,779
253
HI
58.4*3
17.536
.473
.448
20,128
1,244 1,414
6,862
5. 177
5.313
1, 109
570
1.873
730
S
28, 701
29,033
29,421
29,462
29,634
30,557 1 30,516
30,520
28,817
Debt, gross, end of month
mills, of dol.. 31,459
28,668
28, 638
29,120
Expenditures, total (inch emergency) c?
thous. of dol._ 643, 098 576,224 815,151 "283,651 930,747 847,317 701,774 457,776 870,626 573,013 694,383 ; 487,274 517,044
Receipts, totals
thous. of dol._ 779, 521 645,605 267,822 266,178 496, 042 301,883 330, 301 586, 339 288, 867 284, 636 479,722 ; 279,556 250,705
29,123 ! 33, 599 ; 3?, 087
29,704
31, 226
33,276
31,453
37,127
28,177
30,339
Customs
thous. of dol.. 35, 342 32,303
29, 711
Internal revenue, total
thous. of dol__ 691, 051 557,304 194,083 206, 677 427,906 236,962 229, 639 378,870 192, 218 184,096 275,487 i 183,765 : 185,001
23,172 230,227
28, 213
21,753 228,999 ; 36,061
43,610
24,385
24, 835 251,889
23,963
Income tax
.
.thous. of dol__ 404, 209 321,908
Taxes from:*
Admissions to theaters, etc.
1, 255
1,284
1,158
1,344
1,211
1,314
1,174
1,489
1,867
1,755 |
1,460 1,405
1,277
thous. of doL.
Capital stock transfers, etc.
3,818 > 2.871
4,033
2,894
2,132
3,911
2,925
1,934
thous. of dol..
1,165
1,155
1,458
1,860
1,623
Sales of produce (future delivery)
165
256
319
264
262
299
282
275
367 !
263
238
202
188
thous. of dol..
336
319
339
643
571 !
730
n01
424
292
253
200
350
146
Sales of radio sets. etc__.thous. of dol_.
Reconstruction Finance Corporation loans
outstanding, end of month:f§
Grand total
thous. of doL. 2,653,750 2,636,883 2,644,990 2,659,850 2,747,497 2,813,311 2,822,360 2,829,186 2,811,325 2,795,737 2,736,181 2,745,586 2,709,238
855, 495
Total section 5 as amended
1,179,938 1,163,714 1,160,976 1,137,162 J,102,849 1,082,977 1,061,465 1,032,390 1,004,374 970,288 932.097 907.768
thous. of dol..
Bank and trust companies, including
receivers
thous. of dol__ 2S8,465 535, 362 519, 200 498,977 480, 404 455,928 441,825 427, 657 411,729 387,288 381,206 356,775 337,698
Building and loan associations
5, 631
12,129
11,182
10, 294
9,808
10,307
9,494
8,854
8,359
7,866 : 7,359 : t'\ 743
6.138
thous. of doL.
5, 750
21, 959
21,157
19, 231
17, 628
17,163
10,011
9,372 ; 6,460 j 0,075
5.881
19, 841
18, 052
Insurance companies.-thous. of doL.
Mortgage loan companies
thous. of dol._ 124, 767 151, 491 148,861 146, 257 145, 551 139, 972 136, 396 132, 346 131, 771 131,394 128,215 : 126,826 125,675
Railroads, incl. receivers
thous. of dol_. 389, 239 380,199 386, 612 413,414 414, 344 413, 338 413,350 412, 903 412,810 412, 795 396, 250 ! 393, 712 390, 202
i
All other under section 5
78, 798
76, 702
72,193
67,824
64, 284
62, 442
57, 710
55,659 ! 50,798 i 40.966
42,274
65, 252
thous. of doL. 41, 643
Total Emergency Relief and Construction Act as amended-thous. of dol._ 775, 291 489, 673 502, 596 512, 671 614, 743 700, 359 724, 797 746,800 751,487 758, 373 732,724 769.395 771,307
1
Self-liquidating projects
thous. of doL. 159, 672 132,134 134, 268 137, 311 146, 457 148, 525 154,690 168, 259 167, 266 173,139 ! 146,309 j 153,684 155,323
Financing of exports of agricultural
14,300
14,027 j 14.027
14,027
14, 300
14, 300
14, 962
14, 531
14,517
14, 953
surpluses
thous. of dol._ 13, 584
14, 926
14,517
Financing of agricultural commodi44,875
55,656
62, 744 156,066 239, 629 257, 969 267,142 272,118 274, 233 275,761 j 305,058
305.332
ties and livestock
thous. of doL. 305, 567
Amounts made available for relief
and work relief
thous. of doL. 296, 468 297, 711 297, 710 297,690 297, 689 297, 688 297, 621 297,099 296, 803 296, 701 296, 627 1 296, 626 296, 625
Total Bank Conservation Act as
:
amended
thous. of doL. 877, 724 902, 833 900, 013 902,099 905, 262 903,508 902,629 904, 341 906,900 907, 270 | 899,486 1 905. 168 888,397
1
Other loans and authorizations
120,548
125, 720 133,683 , 138.926
141,766
64,439
78, 667
84,104
90, 330 106,595 111,957 116,580
thous. of dol.. 145, 240
a
d
AOr exports ( - ) .
Revised.
*> Preliminary.
Deficit.
•Data are compiled by the American Bureau of Metal Statistics and represent the estimated world output. The series for the period January 1928-August 1934 presented
in the SURVEY covered the principal producing countries which produced the following percentages of the world total: 1928, 87.9; 1929, 87.1; 1930, 85.5; 1931, 82.0; 1932, 75.5;
and 1933, 77.5.
c? Series revised to include emergency expenditures. Figures as shown in SURVEY for months prior to May 1932 are comparable with this series. Comparable figures
for the period May 1932 to March 1933 are on p. 33 of the June 1934 issue. Later data are shown in monthly issues.
" The item of $333,245,378 carried by the Treasury as a credit under the trust funds for May represents a transfer of that amount from the general fund to the trust funds.
Amount represents deposits of governmental agencies for which Treasury has been acting as fiscal agent. The amount therefore has not been included in the May total of
receipts and expenditures.
IFor 1934 includes $2,808,221,138 for February, $2,233,252 for March, $409,052 for April, $298,868 for May, $213,447 for June, $272,163 for July, $268,204 for August, $134,843
for September, $173,702 for October, $116,585 for November, $132,296 for December. For 1935 includes $123,639 for January, $68,241 for February, $157,326 for March, $89,144
for April, $96,103 for May, $105,773 for June, $65,219 for July, $62,055 for August, $62,936 for September, $56,256 for October, $65,780 for November, and $70,889 for December.
For 1936 include $60,222 for January, $43,460 for February, and $58,427 for March, representing the increment resulting from reduction in weight of gold dollar.
•For earlier data on net gold imports see p. 20 of the December 1932 issue. For new series for internal revenue tax receipts from admissions to theaters, capital stock
transfers, and sales of radios, see p. 20 of the Feb. 1936 issue. For new series on sales of produce (future delivery), see p. 19 of the April 1936 issue.
§Tbis excludes relief grants to States by the R. F. C. under the Emergency Relief Act of 1933 upon certification of grants by the Federal Emergency Relief Administrator. During 1934 these amounted to $499,650,000 on Jan. 31, Feb. 28, Mar. 31, and Apr. 30, $500,000,000 disbursed for relief purposes under Emergency Appropriation
Act of 1935, and $10,000,000 purchase of stock in R. F . C. Mortgage Co. and $12,500,000 for preferred stock subscription in export-import banks.
tRevised series. See p. 19 of the July 1934 issue, corporation profits total for period 1928-35 and p. 20 of the October 1935 issue for public utilities, 1928-35. The data of
the Reconstruction Finance Corporation has been revised to include the statistics of certain loaning agencies of the Corporation not included heretofore and for revisions
made in recent audits. Revised data for February 1932-June 1935 inclusive, are shown on p. 20, of August 1935 issue.
Monthly statistics through December 1831,
together with explanatory footnotes and references to the sources of the data, may be found
in the 1932 Annual Supplement to the Survey
35
SURVEY OF CURRENT BUSINESS
Mav 1936
1935
1936
March
March
April
May
June
July
NovemAugust SeptemOctober
ber
ber
1936
January
February
FINANCE—Continued
CAPITAL FLOTATIONS
New Security Registrations Fully
Effective
(Securities and Exchange Commission)
Estimated gross proceeds:*
Total
thous. of dol_. 583,391 130, 016 154, 597 140, 208 192,631 530,475 254,062 319, 874 406. 087 289,772 212,085 275, 696 212, 089
24,986
62,151
25,425
55, 309
41, 286
10, 744
37,235
77,428
27, 278
27,690
35,247
27,113
Common stock
thous. of dol.. 81,519
768
32, 316
2,034
4,514
25, 550
24, 547
16, 714
31, 047
7,080
20, 873
3,125
31, 464
Preferred stock
thous. of dol._ 28,793
Certificates of participation, etc.
13, 708
7,442
21,828
2,767
205
25,961
11, 503
6,235
83, 700
1,505
4,777
11,027
thous. of dol—
Debentures and short term notes
90,846
77,749
83,
558
31,786
7,515
29,
050
29,488
55,
219
19,
350
49, 284
41,125
thous. of dol._ 130,921
74, 763
81, 229 123, 382 352,253 102,181 157, 026 182, 357 194, 093
89,930 214, 916
96, 675
98, 679
Secured bonds
thous. of doL. 334,715
Securities Issued
(Commercial and Financial Chronicle)]
Total, all issues
thous. of dol._ 767, 351 290,479 507,456 472, 412 512,900 644, 509 437,127 437, 425 368,121 382, 221 462, 422 410, 824 301,978
Domestic, total
thous. of doL. 743, 851 290,479 507,456 472, 429 512,900 644, 509 361,127 437, 425 368,121 382, 221 422,422 354, 824 301, 978
0
0
0
0
0
76,000
0
0
0
40, 000
56,000
0
Foreign, total
thous. of dol.. 23, 500
Corporate, total
thous. of dol._ 594,853 120,165 155,878 126, 760 129,164 541,975 209, 862 275, 854 252, 395 250, 503 167, 355 273, 907 194,613
44 750
21 200
86,700
28, 500 173,433
92, 378
94, 707
65, 499
32, 750
54, 504 150, 589
101, 823
37, 501
Industrial
thous of dol
0
0
0
4,000
0
0
0
0
0
2,000
Investment trusts
thous. of doL.
0
325
0
0
5,660
475
482
250
250 ""5,250
0
568
600
0
Land, buildings, etc
thous. of dol~.
0
568
325
0
5,660
475
482
600
250
0
0
0
0
Long-term issues..
.thous. of dol._
Apartments and hotels
0
0
0
0
0
0
0
0
0
0
0
0
0
thous. of doL.
0
0
0
0
0
0
0
0
0
0
0
0
0
Office and commercial.thous. of doL.
58,470
84, 339
19, 500
88,164 338, 591
35,412 164,172 180,644 217,153
83,343
28, 550 135, 450
Public utilities
thous. of doL. 260, 779
16,945
27,400
20, 235
12, 500
651
73,412
16, 500
0
0
21,090
94, 519
Railroads
thous. of dol.. 223, 391
22, 372
1,770
0
0
29, 300
3,000
0
6,168
0
0
8,850
0 "16,413
Miscellaneous
thous. of doL.
Farm loan and Gov't agencies •
10, 200
20,000 195, 500 267, 394 319,000
10, 500
85, 562
12, 700
38, 962
17, 254 121,500
200
thous. of dol._ 20,000
64, 736
92, 034
65, 703 148,871
76, 764 114,464 133, 567
78,275
88, 717
97, 165
Municipal, States, etc
thous. of dol.. 128, 999 150, 314 156,078
Purpose of issue:
89, 508
81,764
55, 457 127,127 148, 210 172, 745 148, 462 119,794 221, 207 123, 253 l(Hi, 739
New capital, total
thous. of doL. 129, 527 105, 023
89,508
81, 764
55, 457 .127,127 148, 210 172, 745 148,462 119,794 221, 207 115,253 106, 739
Domestic. total
thous. of dol. _ 129, 527 105, 023
55, 090
29, 795
45,087
7,945
21,988
45,193
13,676
73,003
33, 289
66., 738
72, 935
13,473
Corporate
thous. of dol.. 58, 816
Farm loan and Gov't agencies
4, 000
11,000
0
3,500
0
0
0
85,
262
0
15,
000
0
40,
290
0
thous. of doL.
Municipal, States, U. S. possessions,
89,
266
97,078
64,
020
36,
571
41,
781
72,
037
33,153
127,
658
60,
459
86,
505
114,179
59,
711
50,
318
etc
thous. of doL.
0
0
0
0
0
0
0
0
0
0
0
0
8, 000
Foreign
thous. of dol__
637,
824
185,
456
417,
948
390,
665
457,443
517,
382
288,917
264,
679
219,
659
262,
426
241,216
287,
571
195,239
Refunding, total
thous. of doLCorporate
thous. of doL. 536, 037 112, 220 133,891
81, 567 115,488 486, 885 180, 067 230, 767 179, 392 217, 215 100, 617 200, 973 181,141
Type of security, all issues:
Bonds and notes, total
thous. of doL_ 743, 659 290, 479 483, 084 466, 229 512, 900 611,276 412, 765 433,598 349,500 378, 471 427,960 406, 635 280,815
Corporate..
thous. of doL. 594, 853 120,165 131, 507 120, 560 129,164 508, 742 185, 499 272, 027 233, 774 246, 753 132,893 273, 907 173,450
21. 163
0
24, 372
6,200
0
33, 233
24, 362
3,827
18, 621
3, 750
34,462
4,189
Stocks
__thous. of dol_. 23, 692
Bond Buyer
State and municipals:
94,576
146,403 159,223
86, 580
68,303
94,330
52, 743 115,116
70. 228 137,145 °126, 454
93, 643
Permanent (long term)
thous of dol
32,941
36,037
83, 796
81, 713 124, 087
30, 298
64,496
84, 680
34,427
16,061
iIS, 586
22, 800
Temporary (short term)
thous. of doL.
COMMODITY MARKETS
Volume of trading in futures:*
Wheat
thous. of bu__ 466,193 432, 638 733.425 637,996 651, 755 1,157,598 917, 282 901, 531 1,074,776 626. 949 569, 673 44S. 4I>() 321,637
53. 744
45, 297
Corn
thous. of bu._ 52, 161 227, 792 329,843 240,347 219, 502 192, 253 185,330 136,306 197, 332 119,961 100, 377
SECURITY MARKETS
B o n d s
Prices:
94. 4*
91.62
90.54
90.23
91.85
93. 59
90.62
91.71
89.93
94.47
89.49
90.69
91.08
All listed bonds (Ar. Y. S. E.)
dollars97.22
91.79
93.94
94.12
93.07
92.65
92.84
93.69
94.47
96. 16
97.26
92.95
92.81
Domestic issues
dollars..
80. 32
79.76
77.80
79.50
79.84
80.17
79.74
78.12
76.73
77.62
78.45
79.03
80. 87
Foreign issues
dollars..
Domestic (Dow-Jones) (40)
81.82
83.52
86.50
92. 72
96. 41
81.95
81.90
79.51
percent of par 4% bond..
81.08
96.50
79.00
78.37
79.60
Industrials (10)
87.35
86.97
88.87
89.77
92.38
97. 56
102. 88
103. 57
80.47
83.35
81.20
82.97
percent of par 4% bond._ 101. 76
Public utilities (10)
99.13
97.51
89.91
89.07
90.09
89.87
91.81
91.36
92.08
92. 61
92.96
92.83
97. 94
percent of par 4% bond..
Rails, high grade (10)
123. 69
116. 65
113.83
113.83
112.55
114.32
116. 92
111.42
120. 77
112. 58
113. 57
115. 07
percent of par 4% bond.. 126. 34
Rails, second grade (10)
59.99
66. 96
74.32
56.01
56.60
51.31
56.93
54.04
54.66
57.10
55.58
73.18
54.88
percent of par 4% bond.107.8
108. 4
99.9
100.0
101.2
102.2
104.2
104.2
103.1
101.9
103.5
104.5
106.5
Domestict (Stand. Stat.) (60)
dollars..
107.11
107.40
107. 27
107. 52
107.11
106.11
106. 06
106. 45
106. 53
106.84
107.18
107. 30
U. S. Government (Stand. Stat.)*.dollars.. 107. 68
64.
47
63.54
65.92
64.49
62.36
61.79
63.43
63.
93
62.71
59.93
65.07
66.07
65.61
Foreign (N. Y. Trust) (40)..percent of par..
Sales on registered exchanges (Securities
and Exchange Commission):*
Total on all exchanges:*
Market value
thous. of dol._ 336,206 346, 665 319,926 335,465 289,247 283,146 323,438 271, 503 302,178 296, 212 314, 083 443, 264 395, 266
i, 121
410,410 402,856 404,335 429,924 377,319 363,194 414,036 333, 012 387,152 405,138 448,712 622, 546
Par value thous of dol
On New York Stock Exchange:!*
Market value
thous. of dol.. 361,553 271,048 232, 555 239,044 210, 737 198,131 245,922 217, 726 229, 642 217,954 23', 442 338, 695 305,052
Par value
thous. of dol_. 323,695 310,655 290,102 306, 224 274, 661 256, 235 306, 890 262, 489 291,123 304, 219 352,057 492, 214 402, 610
Sales on the New York Exchange excl. of
stopped sales! (Dow-Jones):
Par value:
Total
thous. of dol.. 2,275,275 310, 655 265,990 284,155 263, 350 235,675 286,903 249, 795 275, 727 301, 977 314,429 476,137 175, 145
Liberty and Treasury bonds
10.000
61, 840
42,175
23,471
73, 674
64, 422
51, 997
19,252
20, 464
33,118
60,483
thous. of dol.. 1,809,000 113,211
a
Revised.
• Has included since July 1934 other than farm loan issues for which Treasury has acted as fiscal agent.
t Revised series on domestic bond prices for July 1931-February 1933 appeared on pp. 19 and 33 of the April 1933 issue.
* New series. Data on new security registrations fully effective for the period September 1934-December 1935 and volume of trading in futures for the period January
1919-December 1935 are shown on p. 20 of the March 1936 issue. For new series on U. S. Government bond prices see p. 20 of the June 1933 issue. New series on bond
sales on all registered exchanges (market and par value) and on the New York Stock Exchange (par value) are shown on p. 20 of the April 1936 issue for the period October
1934-February 1936.
! The difference in the figures covering bond sales on the New York Stock Exchange (par value) is due to stopped sales being included in the figures of the Securities
and Exchange Commission (total) beginning April 1935.
K Data for the year 1935 revised by reporting source.
36
Monthly statistics through December 1931,
together with explanatory footnotes and references to the sources of the data, may be found
in the 1932 Annual Supplement to the Survey
SURVEY OF CURRENT BUSINESS
1936
March
May 1936
1935
March
April
May
June
July
August
1936
s
Decemfeerm- October November
ber
Janu- February
ary
42,303
35,054
7,249
38,171
32, 543
5,627
42,232
34,987
7,245
38, 465
32,781
5,684
42,803
35, 619
7,274
39,399
33,650
5,749
43,113
35,851
7,263
40, 348
34, 475
5,873
43, 015
35, 934
7,082
40,625
34,936
5,688
FINANCE—Continued
SECUKITY MABKETS—Continued
Bonds—Continued
Value, issues listed on N. Y. S. E.:
Par, all issues
mills, of del..
Domestic issues
mills, of dol—
Foreign issues
mills, of doL.
Market value, all issues
mills, of doL.
Domestic issues
mills, of dol—
Foreign issues
mills, of dol—
Yields:
Domestic (Standard Statistics) (60) t
percent—
Industrials (15)
percent—
Municipals (15)f
_
percent—
Public utilities (15)
percent—
Railroads (15)
percent—
Domestic, municipals (Bond Buyer) (20)
percent-.
Domestic, U. S. Government:
U. S. Treasury bonds*
percent-
Cash Dividend and Interest Payments
and Bates
Dividend payments (N. Y. Times)
thous. of dol—
Industrial and miscellaneous
thous. of dol—
Railroad
thous. of d o l Dividend payments and rates (Moody's):
Dividend payments, annual payments at
current rate (600 companies)
mills, of dol—
Number of shares, adjusted
millions..
Dividend rate per share, weighted average
(600)
dollarsBanks (21)
dollarsIndustrial (492)
dollarsInsurance (21)
dollars—
Public utilities (30)
dollarsRailroads (36)
dollars—
s t o c t a
Prices:
Dow-Jones:
Industrials (30)
dol. per share..
Public utilities (20)
dol. per shareRailroads (20)
_
dol. per shareNew York Times (50)
dol. per shareIndustrials (25)
dol. per shareRailroads (25)
dol. per shareStandard Statistics (421)
1926=100Industrials (351)
1926=100Public utilities (37)
1926=100Railroads (33)
1926=100Standard statistics:
Banks, N. Y. (20)
1926=100Fire insurance (20)
1926=100Sales:
Market value of shares sold:
All registered exchanges, total*
thous. of dol—
On New York Stock Exchange*
t n o u s of d o l
Volume of shares sold:
'
~
On all registered exchanges, total*
thous. of shares—
On New York stock exchange: t
Total (Sec. and Exch. Com.)
thous. of shares..
Total excl. of odd lot and stopped sales
(New York Times)..thous. of shares—
Values, and shares listed, N. Y. S. E.:
Market value all listed shares.mills. of dol—
Number of shares listed
millionsYields:
Preferred, Standard Statistics:
Industrials, high grade (20)
percent..
Stockholders (Common Stock)
American Tel. & Tel. Co., total
numberForeign
number. .
Pennsylvania Railroad Co., total, .number..
Foreign
number..
U. S. Steel Corporation, total
number..
Foreign
number—
Shares held by brokers percent of total..
44, 255
37,196
7,059
41,807
36,177
5,630
45,101
37, 676
7,425
40, 361
34, 584
5,776
44, 267
36,856
7,411
40,147
34, 256
5,891
43, 720
36, 322
7,397
39, 618
33, 712
5,906
43, 511
36,172
7,339
39,864
33,980
5,884
43,026
35,694
7,332
39,457
33, 597
5,860
43,145
35,825
7,320
39,062
33,343
5,719
42,671
35, 391
7,280
38,375
32, 789
5,586
3.87
4.32
2.78
4.01
4.37
4.41
4.76
3.27
4.44
5.15
4.34
4.77
3.25
4.41
5.18
4.32
4.65
3.27
4.36
5.00
4.26
4.63
3.25
4.34
4.82
4.13
4.53
2.95
4.23
4.81
4.13
4.54
2.87
4.23
4.88
4.20
4.54
3.08
4.26
4.90
4.28
4.51
3.16
4.31
5.12
4.18
4.42
3.02
4.15
5.12
4.11
4.44
2.97
4.17
4.87
3.99
4.29
2.93
4.09
4.63
3.90
4.27
2.86
4.04
4.43
3.03
3.37
3.39
3.46
3.31
3.25
3.34
3.51
3.34
3.23
3.25
3.11
3.04
2.54
2.69
2.64
2.61
2.61
2.59
2.66
2.78
2.77
2.73
2.73
2.68
2.62
200,042
202,988
130,960
323,523
219,253
145,777
256,594
185,306
157,809
398,021
301,403
228,328
273,649
192, 324
7,718
199,945
3,042
124,225
6,735
296,470
27,053
193,848
25,405
132,174
13,603
239,561
17,033
181,997
3,308
151,055
6,754
369,279
28,742
280,609
20, 794
184,035
44,035
259,487
14,162
1, 345. 5
923.92
1,181.6
918.42
1,184.4
918.42
1,186.1
918.42
1,186.9
918.42
1,190.2
918.42
1,225.0
918.42
1,230.6
918.42
1,243.7
918.42
1,296.5
923.92
1,298.7
923.92
1,311.5
923.92
1,337. 2
923. 92
1.46
2.98
1.33
2.39
1.86
1.21
1.29
3.28
1.09
1.91
1.86
1.24
1.29
3.28
1.10
1.91
1.86
1.24
1.29
3.28
1.10
2.07
1.84
1.24
1.29
3.19
1.10
2.17
1.84
1.24
1.30
3.19
1.11
2.23
1.83
1.21
1.33
3.19
1.16
2.23
1.83
1.21
1.34
2.99
1.17
2.23
1.83
1.21
1.35
2.99
1.19
2.23
1.83
1.21
1.40
2.97
1.26
2.23
1.83
1.24
1.41
2.98
1.26
2.37
1.86
1.21
1.42
2.98
1.28
2.39
1.86
1.21
1.45
2.98
1.32
2.39
1.86
1.21
155.9
30.9
48.0
120.95
203.97
37.94
108.7
124.6
102.8
49.2
99.8
15.6
28.5
80.74
139.48
22.01
63.9
75.4
53.2
27.8
106.0
17.9
30.1
85.68
147.56
23.81
67.5
78.9
59.1
29.4
113.5
19.2
31.0
89.84
155. 64
24.05
73.1
85.5
64.5
31.0
116.9
21.4
32.5
95.83
166.03
25.63
76.0
88.0
70.4
32.7
122.7
22.5
33.6
98.91
171.78
26.05
79.4
91.7
73.9
34.1
127.1
25.9
35.4
102. 59
177.22
27.96
83.3
95.2
81.6
35.9
131.5
25.7
36.0
105.78
183.20
28.37
85.0
97.5
81.9
37.0
130.4
26.0
33.8
108.16
189.58
26.74
86.1
99.5
82.1
34.5
144.3
28.9
37.0
113.80
197.63
29.97
94.2
108.4
91.0
38.3
141.8
28.8
40.3
111.27
190.86
31.69
95.7
109.8
92.0
41.4
145.9
30.9
43.3
116.06
197. 67
34.46
101.7
116.0
99.1
45.2
66.4
102.1
47.5
72.3
47.4
75.2
47.3
79.2
49.8
83.2
56.8
89.7
61.7
93.3
56.6
93.0
55.8
92.8
63.5
96.0
69.1
101.7
70.5
107.5
151.8
32.5
48.5
12a oo
201.17
38.84
106.7
121.5
103.0
49.6
65.8
106.8
2,429,96C 627,374
875,333 1,214,893
987, 346 1,138,644 1,610,330 1,407,019 1,912,161 2,250,677 1,979,149 2,439,219 2,503,129
2,092,308 539,282
746,776 1,034,753
852,493
101,923
23,139
41, 662
75,532
15,850
51, 025
15, 948
51, CG8
1,330
653, 435
7,859
675, 755
7,877
232, 634
3,152
191, 224
4,062
19.34
181, 493
3,870
21.75
990, 281 1,392,860 1,241,475 1,659,690 1,952,075 1,738,247 2,069,564 2,140,084
82, 870
119,
592
120,963
53, 511
41,822
29,916
39, 552
31,490
37, 782
60,372
46,531
62,555
77,474
63,344
22,406
30, 438
22, 340
29,429
42,923
34, 748
46, 663
57, 463
45,590 | 67,211 ! 60,871
30, 936
1,304
33, 548
1,302
34, 549
1,304
36, 227
1,304
38, 913
1,308
39, 801
1,307
40, 479
1,307
43,002
1,307
44,951
1,309
46,946
1,318
6.33
5.30
5.19
5.22
5.19
5.17
5.19
5.19
5.12
79,180
59,433
81,106
99,864
19.55 i
50,165
1,321
50, 202
1,323
5.10
5.05
657, 651
I 7,825
1
227,251
3, 111
184,680
3,925
21.56
664, 095
7,816
230, 086
3,126
187, 533
3,'"
671, 324
7,847
231,970
3,145
190, 375
4,021
S7,502 | 85,305
20.40
FOREIGN TRADE
51
49
43
44
45
46
45
52
5S
71
59
52
48
51
62
48
55
45
53
46
53
50
49
52
55
49
52
50
50
48
59
62
52
56
58
51
58
53
60
55
49
49
52
51
59
54
53
58
52
58
57
60
51
52
45
46
41
48
40
48
44
58
39
54
36
44
64
59
87
64
128
98
96
76
64
57
51
55
41
41
41
41
30
32
£&
Value:
INDEXES
Exports, unadjusted
1923-25=100Exports, adjusted for seasonal variation
1923-25=100Imports, unadjusted
—1923-25=100—
Imports, adjusted for seasonal variation
Quantity exports:
1923-25=100Total, agricultural products:
Unadjusted
1910-14=100Adjusted*
1910-14=100Total excluding cotton:
Unadjusted
1910-14=100Adjusted*
1910-14=100-
33
37
33
37
35
35
52
48
61
53
74
68
49
45
43
42
37
40
* New series. For earlier data see p. 20 of the August 1934 issue, yield on United States domestic long-term bonds (all issues except those due or callable within 8 years)
for years 1926-34; for data for years 1919-25 see p. 20 of the November 1935 issue. Series on stock sales on all registered exchanges and on the New York Stock Exchange
as'compiled by the Securities and Exchange Commission for the period October 1934-February 1936 are shown on p. 20 of the April 1936 issue. For quantity exports
adjusted for seasonal variation for the period July 1914-August 1935 see p. 18 of the October 1935 issue.
t For earlier data on yield of domestic and municipal bonds see pp. 19 and 33 of the April 1933 issue.
t The difference in the figures covering the volume of stock sales on the New York Stock Exchange since April 1935 is due to stopped and odd lot sales being
included in the figures of the Securities and Exchange Commission. These are excluded in thefiguresreported by the New York Stock Times.
May
37
SURVEY OF CURRENT BUSINESS
1936
Monthly statistics through December 1931, 1936
together with explanatory footnotes and references to the sources of the data, may be found March
in the 1932 Annual Supplement to the Survey.
1935
March
April
May
June
July
1936
DecemAugust SeptemOctober November
ber
ber
January
Febru
ary
FOREIGN TRADE—Continued
VALUE §
Exports, incl. reexports
—thous. of d o L .
By grand divisions and countries:
Africa
--thous. of dol—
Asia and Oceania
thous. of dol—
Japan
thous. of dol—
Europe.".
-thous. of d o L .
France
thous. of dol—
Germany
thous. of dol—
Italy
thous. of dol__
United Kingdom
thous. of doL.
North America, northern—thous. of dol—
Canada
thous. of dol—
North America, southern—thous. of dol—
Mexico
thous. of dol—
South America
thous. of dol—
Argentina
thous. of dol—
Brazil
thous. of d o L .
Chile
thous. of dol—
By economic classes:
Exports, domestic^
thous. of dol—
Crude materials
thous. of dol—
Raw cotton__._
mills, of dol—
Foodstuffs, total
thous. of dol—
Foodstuffs, crude
thous. of dol—
Foodstuffs, mfgd
thous. of dol—
Fruits and prep.
mills, of dol—
Meats and fats
mills, of dol—
Wheat and flour mills, of d o L .
Manufactures, semithous. of dol—
Manufactures, finished—thous. of dol—
Autos and parts
—mills, of doL.
Gasoline
mills, of dol—
Machinery
mills, of d o l . .
Imports, total #c?
thous. of dol—
Imports for consumption*—thous. of dol—
By grand divisions and countries: §<$
Africa
thous. of dol—
Asia and Oceania
thous. of dol—
japan
thous. of dol—
Europe
thous. of dol—
France—
thous. of dol—
Germany
thous. of dol—
Italy
thous. of dol—1
United Kingdom
.thous. of dol—
North America, northern..thous. of dol—
Canada
thous. of dol—
North America, southern..thous. of dol—
Mexico
thous. of d o L .
South America
thous. of dol—
Argentina
thous. of dol—
Brazil
thous. of dol—
Chile
thous. of dol—
By economic classes: #<?
Crude materials
thous. of d o l . .
Foodstuffs, crude
thous. of dol—
Foodstuffs, manufactured.thous. of dol—
Manufactures, semithous. of dol—
Manufactures, finished thous. of dol—
194, 792
192, 081
44, 486
26.3
16,848
5,087
11,761
6.8
3.5
1.4
32,096
98, 652
24.0
3.3
27.9
198, 686
194, 281
57, 749
31, 221
33,138
36,127
36, 847
185, 001
164,350
165,457
170,193
173,371
172, 204
8,135
38,593
14, 744
76, 013
7,334
6,113
6,947
29, 444
26, 532
26, 005
18, 706
5,963
17, 021
4,623
4,125
1,316
8,006
34,100
13, 719
63, 388
8,614
4,819
4,156
20, 550
28, 957
28, 582
15, 747
5,370
14,150
3,864
4,024
1,088
6,797
33,441
13,977
64,945
9,298
4,980
3,552
24, 238
31, 380
30, 636
16,195
5, 625
12, 699
3,535
3,158
1,119
7,927
33,325
14,108
69,380
8,741
7,027
5,565
21,924
28,170
27, 723
17, 342
6,368
14,048
4, 383
3,474
1,209
9,211
31, 598
11,864
69, 722
7,345
6,348
5,167
24,306
30,141
29, 679
17, 624
6,004
15, 064
4,622
3,733
1,432
9,950
29,475
11, 680
72, 590
7,824
5,553
5,596
32, 280
28,611
27,986
16, 216
4,758
15, 363
4,916
3, 596
1,069
181,969
40, 450
21.8
16, 215
3,681
12, 534
5.4
4.1
1.4
30,827
94,477
25.0
5.0
23.7
177, 279
175, 408
160, 709
38, 222
21.8
12,875
3,201
9,674
4.0
3.2
1.2
26, 205
83,406
22.0
3.1
22.8
170, 567
166,152
159, 789
36,920
19.4
15,404
3,715
11, 689
4.7
4.3
1.4
26,430
81,035
18.6
4.5
22.2
170, 559
166, 791
5,921
54, 221
12,428
46,498
4,643
6,340
2,866
11,621
21,311
20, 880
20, 968
4,449
26,508
6,675
8,610
2,904
3,771
50, 256
11, 276
46,418
5,875
6,451
3,560
11,513
22, 677
22, 357
20,152
3,420
22,879
4,853
7,549
3,388
2,363
46,360
11, 668
47, 725
3,914
5,747
2,533
12, 883
27, 394
26,984
19,485
50,
33,
25,
35,
30,
45,900
27, 514
28, 588
30, 729
33. 422
378
605
662
237
526
221, 238 269, 310 223, 514 197,958
181,838
7,700
40, 290
18, 753
91, 669
11,666
7,136
5,420
37,863
27, 390
26, 990
16,693
5,642
14,217
3,784
3,950
1,193
8,307
32, 553
13, 251
83, 697
9,794
8,803
7,571
32,304
25,638
25, 275
16, 281
5,277
15, 361
4,154
4,214
1,254
6,279
8,878
9,427
9,093
37,400 34,143
51, 058 50, 946
16, 996 16,402
26,945 26,885
96,926 115, 315 144, 510 110,183
7,316
10, 746 18,817 15, 701
8,891
9,885
14, 363 12, 327
4,796
6,529
9,125
7,944
53,513
59, 098 62,481 41, 823
28,063
31, 084 28,170 22,1$7
27, 418 30,349
27, 473 21, 760
15, 700 18, 090 18, 628 17, 729
4,916
5,817
5,353
6,025
13, 821 13,728
17, 517 13, 406
4,143
3,436
4,948
3,556
3,196
3,414
4,537
3,276
1,283
1,089
1,698
1,216
167, 226 168, 006 169, 761 195, 537 218,138
40, 600 38, 340 40, 875 68, 677 82, 604
23.4
19.2
16.6
31.8
45.9
15, 467 15, 336 15, 629 22, 399 23,695
4, 014
5,220
4,788
7.074
7,974
11,453
10,116
30,841
15, 325 15, 721
5.6
6.4
6.6
11.8
12.5
3.3
3.3
3.2
2.6
2.8
1.1
1.1
1.2
1.5
1.3
28,914
28,135 31, 018 29, 309 30, 291
82, 246 86,196 82, 239 75,152 81, 548
20.1
19.4
15.7
14.1
13.3
6.4
6.3
5.8
5.1
6.1
20.6
23.3
23.9
20.5
23.5
156, 756 177, 698 169, 030 161, 653 189,240
155,314 174,162 180,444
189,688
266, 730 220,977 195, 085 179,195
112. 678 82, 685 59, 770 50, 054
26.6
35.7
75.1
56.8
14, 763
26, 780 19, 697 15,863
4,020
4,349
5,925
5,169
10, 743
20,855
14, 528 11,514
6.3
6.3
13.8
9.4
3.3
2.9
4.2
3.3
1.2
1.3
1.4
1.2
28, 621 28,319
34, 319 31,702
86, 059
92,953 86, 894 90,831
22.1
22.1
21.9
19.7
5.1
3. 6
7.5
6.7
25.5
24.6
25.5
22.5
169,386 186,864 187, 440 192, 776
162, 808 179, 586 180,351 189, 589
3,098
55, 352
11,496
43,849
3,610
5,109
2,223
12, 389
24,480
23, 773
22, 587
3,267
24, 795
6,611
8,384
1,657
3,129
52,112
12, 839
46, 635
4, 557
6,491
2,795
11,711
23,905
23, 266
32,359
2,979
22,304
6,687
7,394
712
2,424
52,380
13,888
52,915
4,796
7,326
2,924
14, 895
27,334
26, 708
11, 845
3,014
21, 791
4,970
8,205
1,515
2,579
57,319
16,594
65, 053
7,565
7,702
4,723
15,820
29,741
28, 573
10,183
3,227
24,813
5, 251
9,934
1,344
3,235
46, 230
14,106
55, 009
5,433
6,738
4,528
14, 214
27, 258
26, 576
3,516
23,465
5,413
7,818
2,712
3, 085
45, 743
10,441
43, 232
4,340
5,338
2,503
11,153
23,389
22,563
18,112
3,080
21, 753
6,336
6,044
1,860
44, 361
26,337
28, 661
33, 577
33, 855
43, 733
23,078
26, 342
31,715
30. 446
53, 029
24, 232
32, 291
32,106
32, 504
50, 212
24,726
38,849
31, 290
35, 367
49, 844
23,653
20, 742
38, 422
36, 027
55, 398
29,492
22, 256
38, 587
43, 955
3,048
22,089
4,498
8,530
2,424
3,714
55, 693
14,213
56,019
5,168
8,152
3,553
13, 577
27, 901
27, 320
11,139
4,220
25,121
5,154
9,414
1,969
4,212
56, 977
15,086
53,493
5,539
5,729
2,749
15, 990
24, 675
24, 272
23, 289
3,860
23, 704
4,862
9,158
1,421
4,483
58, 590
14,435
51,612
4,321
5,650
2,586
16,132
23, 020
22,926
24,636
4,688
27, 247
4,638
11, 053
3,787
46,045
24,942
18,909
36,305
36,606
55, 737
27,116
17,712
42, 768
36, 253
58,412
26, 543
28, 733
39, 699
32, 964
58,613
28,745
31,547
40,060
30, 625
TRANSPORTATION AND COMMUNICATIONS
TRANSPORTATION
Express Operations
Operating revenue
thous. of doL
Operating income
thous. of doL
7,513
138
6,079
142
8.120
771, 846
56,104
8.120
747,350
54, 733
7,593
134
7,619
136
7,671
139
8,053
142
8,029
137
7,936
140
8,586
141
7,745
143
8.101
685,430
50, 323
8.101
764, 558
55,442
8.101
742, 270
53, 788
8.101
799,787
58,138
8.101
797, 242
57,874
Electric Street Railways
Fares, average (268 cities)
cents.
Passengers carriedt
thousandsOperating revenuest
thous. of dol.
Steam Railways
Freight carloading (F. R. B.):
Index, unadjusted
Coal
Coke
Forest products
Grain a n d products
Livestock
Merchandise, 1. c. 1
Ore
Miscellaneous
Index, adjusted
Coal
Coke
Forest products
Grain a n d products—
Livestock
Merchandise, 1. c. 1
Ore
Miscellaneous
1923-25=100.
1923-25=100.
1923-25=1001923-25=1001923-25=100.
1923-25=100.
1923-25=1001923-25=100.
1923-25=100.
1923-25=1001923-25=100.
1923-25=100.
1923-25= 1001923-25=100.
1923-25=100.
1923-25=100.
1923-25=1001923-25=100-
8,100
814,228
8.120
748, 630
54, 634
8.120
693, 542
50,929
8.101
663,348
49, 041
8.101
662, 696
49,244
8.101
780,142
56,443
65
106
89
37
66
31
60
15
63
70
97
79
36
68
33
62
62
74
c? Data revised for 1933. See p. 20 of the October 1934 issue; for 1934 revisions, see p. 20 of the December 1935 issue.
# Beginning with January 1934, import data represent imports for consumption goods entering consumption channels immediately upon arrival, plus withdrawals for
consumption from bonded warehouses) and are not comparable with earlierfigures,which consist of general imports (goods entered for storage in bonded warehouses, plus
goods entering consumption channels upon arrival in the U. S.).
t Kevised series. Data for January 1929-May 1935, inclusive, on electric railway passengers carried and operating revenues for January 1932-April 1935, inclusive, are
shown on p. 19 of the August 1935 issue. Data on electric railway passengers carried through December 1935 are based on estimates for 210 companies, and for 1936 on
estimates for 214 companies.
• New series. Data prior to April 1933 on value of imports for consumption will be shown in a subsequent issue.
Data revised for 1932. See p. 34 of the March 1933 issue. Other revisions for the year 1932 were shown on p. 34 of the April, May, December 1933, and January 1934
Digitizedissues.
for§ FRASER
For revised data for months of 1933, see p. 20 of the September 1934 issue, and for 1934, revisions, see p. 19 of the December 1935 issue.
38
SURVEY OF CURRENT BUSINESS
Monthly statistics through December 1931,
together with explanatory footnotes and references to the sources of the data, may be found
in the 1932 Annual Supplement to the Survey
1935
1936
March
May 1936
March
April
May
June
July
1936
DecemOctober NovemAugust September
ber
ber
January
February
TRANSPORTATION AND COMMUNICATIONS—Continued
TRANSPORTATION—Continued
Steam Railways—Continued
Freight carloading (A. A. R.)—Continued
Total carsK
_
thousands.
Coal..
thousands.
Coke
thousandsForest products
thousandsGrain and products
thousands.
Livestock
thousands.
Merchandise, 1. c. 1
thousands.
Ore
thousands.
Miscellaneous
thousands.
Freight-car surplus, total..
thousands.
Box
thousands.
Coal
thousands.
Financial operations (class I railways):
Operating revenues}
thous. of dol.
Freight!
thous. of dol.
Passengerf
thous. of dol.
Operating expensesf
thous. of dol.
Net railway operating incomef
thous. of dol.
Operating results (class I railways):
Freight carried 1 mile
mills, of tons.
Receipts per ton-mile
cents.
Passengers carried 1 mile
millionsWaterway Traffic
Canals:
Cape Cod
thous. of short tons.
New York State
thous. of short tons.
Panama, totalf—
thous. of long tons.
U. S. vessels
thous. of long tons.
St. Lawrence
thous. of short tons.
Sault Ste. Marie
thous. of short tons.
Suez
thous. of metric tons.
Welland
thous. of short tons.
Rivers:
Allegheny.._.thous. of short tons.
Mississippi (Government barges)#
thous. of short tons.
Monongahela
thous. of short tons,
Ohio (Pittsburgh to Wheeling)
thous. of short tons.
Ocean traffic: f
Clearances, vessels in foreign trade
thous. of net tons.
Foreign
thous. of net tons.
United States
thous. of net tons.
Shipbuilding. (See Trans. Equip.'
Travel
Airplane travel:
Express carried*
poundsMiles
flown*
thous. of miles.
Passengers carried*
number.
Passenger-miles flown* thous. of miles.
Hotel business:
Average sale per occupied room •,dollarsRooms occupied
percent of totalForeign travel:
Arrivals, U. S. citizens
number.
Departures, U. S. citizens
numberEmigrants
numberImmigrants. _._
numberPassports issued
numberNational parks:
Visitors
numberAutomobiles
.number.
Pullman Co.:
Passengers carried
thousands.
Revenues, total
thous. of dol.
2,419
423
27
122
136
48
622
24
1,017
205
104
61
* 2,408
a 541
a 24
* 101
«108
«45
»641
18
a
931
300
183
67
2,303
379
23
102
108
52
644
35
961
310
175
8, 304
•280,890
228,603
27, 737
212, 724
274,652
221, 968
27,181
209, 328
236,579
35, 206
200
0
2, 634
981
0
0
160
1,327
3
2,327
394
23
100
102
52
639
102
915
305
189
68
3,035
621
30
131
127
51
768
159
1,148
272
175
50
2,229
318
19
106
120
39
601
131
894
296
178
73
2,632
446
26
124
162
69
641
135
1,029
229
133
59
3.102
491
26
152
211
64
798
171
1,189
245
152
53
2,882
3,179
544
625
30
36
126
137
148
157
87
84
667
788
130
67
1,150
1.284
208
252
125
143
48 |
65
2,319
522
33
104
109
51
586
21
892
271
155
68
2,353
587
37
104
121
52
566
23
864
231
138
47
3, 135
906
54
134
151
53
730
28
1,078
171
104
22
301, 331
248,146
27,848
218,583
296, 225
225, 826
34, 374
234,053
299, 099
241,160
34,102
231, 779
300, 459
245, 145
31,902
235,906
75,425 ! 54,234
33, 595
279, 549 281, 336 275, 349 294,018 306,960 341, 018
224, 330 225,183 220, 490 234, 986 249, 926 284, 614
31,053 31,604
33,849 30, 820 28, 608
27,114
209,196 216,464 i 217,931 221, 238 218, 040 232,516 |
38,130
34, 626
39, 505
34, 025
26, 851
42, 074
57,359
46,040
35, 765
27,586
.929
1,370
23, 320
1.041
1,386
24, 662
1.016
1,377
25,933
.974
1,594
23,167
1.059
1,710
25, 936
1.005
1,855
27,715 I 31,200 : 27,468
26,175
.983 I .999 j
.988 .987
1,660 | 1,475 ; 1,436 1,787
27, 858
236
0
2,210
961
0
0
2,383
0
213
329
2,079
811
157
888
2,461
484
230
554
2,292
938
919
5,985
2,161
1,122
227
482
2,081
862
882
7,058
2,135
1,072
229
519
1,778
715
1,007
7, 503
1,958
1,128
206
576
2,019
848
1,024
7,731
2,636
1,334
155
191
246
273
293
108
1, 784
154
1,142
152 I
133
1,383 ! 1, 561
143
1,271
520
877
j
928
202
574
1,994
907
983
7,148
1,956
1,180
I
!
I
j
|
270
800
2,229
983
992
7,454
2,225
1,151
208
655
2,050
843
865
4,087
2,955
1,313
226
267
200 !
!
154 I
149
146 !
143
!
1,491 ! 1,239 | 1,414 I 1,707
782 I
880 |
956
967 i
i
238
i
0
i 2,188
|
224
0
2, 149
775
0
852
44
440
f)
2,029
167
2,043
98
1, 664
98
1,270 !
81
0
2, 155
813
0
0
238 ]
834
i
4, 639
3, 225
1, 414
4,643
3,109 i
1, 534
5,188
3,435
1,753
5,703
3.699
2,004
5,958
3, 852
2,106
6,379
4,099
2,280
6,791 !
4,436
2,355
5,786
3,831
1,955
5,580
3,670
1,910
5,162
3,331
1,831
4, 351
2,948
1, 403
3.521 | 4.305
3, IS4 ; 3, 049
1,337 ;
1,256
I
2.89
65
98,791
13,328
258,924 330,970 335, 762 392, 212 417,223 i 488,019 361,839 400,061 354, 301
4, 429
4,245
5, 360
5,288
4,301
5,756
5,605
4,749
4,993
64,971
73,896 85, 546 89, 581 77, 370 70, 924 50, 534 53, 507 44, 061
23,046
18, 983
27, 075 31, 226 34, 042 35, 732 32, 024 28, 78S 20, 837
238, 369
4,126
55,198
24,751
231, 237
4,194
61,499
26, 747
2.83
60
20, 470
16, 665
2,460
2,401
8,453
2.91
62
23, 374
16, 536
2,249
2,516
12, 674
73,961
7,545
90,914
15,908
1,219
4,004
1,193
3,675
1,146
3,660
1, 309
4,220
1,286
4,210
1,425
4,374
1,364
4,251
81, 207
54,086
20,061
57, 292
15, 793
82,127
54,483
20, 566
57,499
16,214
83,406
54,998
21, 250
59, 059
16, 052
81, 757
54,006
20,569
57,443
16,025
82, 063
53,187
21, 524
59, 683
14,401
82, 360
52,909
22,189
58,255
16, 036
14, 250
14, 303
14, 355
14, 335
14,323 j 14,350
2.95
56
50, 177
39, 007
4,430
3,679
4,814
3.12
2.99
61
64
27, 479 14,202
24, 159 19, 678
3,708
3,382
4,288 ! 2,856
4,174 j 4,202
13,648
12, 781
2,984
2. 797
4,121
16,074
17, 130 !
2,980 !
2,540 I
5,098 |
100, 593 317,182 664,422 723, 320 268,398
72,731
28,176
84, 368 158, 005 183,171
77,723 41,210
18,141 j 7,828
36,312
7,020
69,648 |
12,967
1, 278
4. 143
1,246
3, 864
1,409
4,094
1,533
5,035 |
82, 653
53,923
21,402
57, 394
16,966
86, 328
56, 245
22, 630
59, 321
18,529
85, 330
56, 732
21,213
59, 741
17, 386
86,111
56,055
22, 314
60, 685
17, 367
87, 731
57, 903
22,075
60, 053
17, 585
14,446
14, 512
14, 568
14, 621
15, 077
9,375
7,198
7,682
1,306
9,830
7,545
7,989
1,452
9,096
6,882
7,708
1,002
10,245
7,951
8,475
1,377
9,223
7,120
8,050
744
2.77
61
19, 400
19,033
2,697
2,951
22,854
2.86
58
19, 519
19, 342
2,412
2,817
24, 879
2.87
56
26, 638
31, 376
2,524
2,884
13, 546
2,98
57
51,930
51,512
4,111
3,711
7,587
2.94
60
68 |
1.359
4,328
COMMUNICATIONS
Telephones:*
Operating revenues
thous. of d o l .
Station revenues
. . t h o u s . of dol.
Tolls, message
thous. of dol.
Operating expenses
thous. of doL
N e t operating income
thous. of d o l .
Telephones in service, end of mo.
thousands .
Telegraphs a n d cables:
Operating revenues
thous. of dol.
Commercial telegraph tolls.thous. of d o l .
Operating expenses
thous. of d o l .
Operating income
thous. of d o l .
9,153
7,052
7,810
952
9,377
7,366
7,790
1,195
7,634
7,964
1,450
9,372
7,268
7,824
1,156
9,224
7,161
7,942
894
9,568
7,440
7,959
1,219
a
Revised, i Includes tonnage in both upper and lower Mississippi River. Revised figures prior to December 1934 will be shown in subsequent issue.
t Revised series. For earlier data see p. 20 of the April 1934 issue for operating revenues, operating expenses, and net railway operating income of class I railways. For
revisions of data for clearances of vessels in foreign trade, see p. 36 of the September 1934 issue. For revisions on Panama Canal from August 1914 to June 1935, see p. 19
of the September 1935 issue.
* New series. Data on airplane travel covers scheduled airlines operating in United States. For data on passengers carried for period of 1926 to 1933 and passenger-miles
flown from 1930 to 1933, see p. 20 of the February 1934 issue. For data on miles flown and express carried from 1926 through 1933, see p. 19 of the January 1935 issue. New
series on telephones as compiled by Federal Communications Commission. Data supersede those published in previous issues of the Survey which covered all carriers
having annual operating revenues in excess of $250,000; present series for 1934 and 1935 are for 57 carriers representing about 95 percent of all carriers according to the 1932
census, based on revenues for all companies. Beginning January 1936, data are for 85 carriers representing about 97 percent. Revised figures for January 1935 for 85 carriers
are: Operating revenues, $82,662; station revenues, $55,555; message tolls, $20,017; operating expenses, $58,559; net operating income, $15,711; telephone in services end of
month, 14,539. Companies with annual operating revenues in excess of $250,000. In December 1933 operating revenues of these companies were 97.7 percent of the total
of the companies previously reporting.
• This figure covers room revenue only.
1 Data for March, June, August, November 1935 and February 1936 are for 5 weeks; other months, 4 weeks
39
SURVEY OF CURRENT BUSINESS
Mav 1936
1936
Monthly statistics through December 1931,
together with explanatory footnotes and references to the sources of the data, may be found
in the 1932 Annual Supplement to the Survey
March
1936
1935
March
April | May j June
July
Novem- \ Decemj August SeptemOctober
ber
ber | ber
Febru-
CHEMICALS AND ALLIED PRODUCTS
CHEMICALS
Alcohol:
Denatured:
Consumption (disposed of)
thous. of wine gal..
5, 548
Production
thous. of wine gal., j 5,598
Stocks, end of month.thous. of wine gal. J 1,720
Ethyl:
|
Production
__thous. of proof gal..I 13,899
Stocks, warehoused, end of month
thous. of proof gal..! 21,894
Withdrawn for denaturing
j
thous. of proof gal..; 9, 367
Tax paid*
thous. of proof gal.. j 2,054
Methanol:
I
Exports, refined
gallons..; 73,349
Price, refined, wholesale, N. Y.
!
dol. per gal..|
.38
Production:
j
Crude (wood distilled)*fA
gallons...] 473,067
Syntheticgallons. J 1,631,832
Explosives:
|
Shipmentst
thous. of l b . J 25,514
Sulphur and sulphuric acid:
j
Sulphur, production (quarterly)*
j
long tons..; 389,608
Sulphuric acid (104 plants):
!
Consumed in production of
j
fertilizer..
short tons..; 106, 785
Price, wholesale, 66°, at works
!
dol. per short ton..; 15.50
Production
short tons.. 141, 339
Purchases:
From fertilizer mfrs_.
short tons.. 15, 722
From others
short tons..; 15, 988
Shipments:
'
To fertilizer mfrs
short t o n s ' 22,307
To others..
short tons..; 54,306
FERTILIZER
5,238
5, 554
1,694
12,844
14, 235
15, 791
14,611
16, 704
16, 646
15, 230
18,092
22,213
24, 468
26, 055
25, 852
9,207 j 9,921
1,510 | 1,591
9,398
1,642
14, 046
1,771
]4,632
1,676
73,365 I 30,471 | 33,621
66, 077
55,125
36, 422
.38
.38
.38
12,745 i
1,588 I
.38 !
5, 536
5,651
1,793
7,213
8,192
2,750
7,445
7,497
1,317
5,773
5,864
1.750
.38 I
.38
8,359
8,580
2,959
10, 064
10, 211
3,148
411,326 j 450,941 452,322 385,472 379,309 403, 020
1,303,230 J 1,167,282 1.203,143 1,198,186 1,278,505 1,389,812
22, 189 23, 957
22,193
18,544 ! 23,202 j 22,659
271, 452
255, 396
104,041 j 93,873 j 87,944
15.50 ! 15.50
141,352 j 139,333
15.50
111, 102
18,769
11.760
18,636 ! 13; 397
11.610
13,186
18, 473
29, 714
41,990 ! 33,855
42,319 I 40,293
75, 690
94, 980
99, 673
15. 50
15.50
15. 50
99,176 110, 249 123, 209
16, 830 27, 714 35, 573
20, 862 23, 334 10, 632
25, 381
34, 382
24,684
40, 739
28, 516
48, 404
j
•Consumption, Southern States^
|
thous. of short tons..'
Exports, totalf
...long tons..!
Nitrogenousf
long tons...;
Phosphate materialsf
long tons..:
Prepared fertilizers
long tons._;
ilmports, totalf#
long tons. J
Nitrogenous*
long tons.J
Nitrate of sodaf...
...long tons.J
Phosphates!
long tons.J
Potashf
long tons..!
Price, nitrate of soda. 95 percent, N. Y.
dol. per cwt.. ;
Superphosphate, bulk:
;
Production
short tons..:
Shipments to consumers
...short tons..;
Stocks, end of month.
short tons..!
1,402
178,789
31, 552
133, 762
139
173,708
134,406
62,115
4,252
31, 749
1.325
257,728
238, 498
953,739
NAVAL STORES
!
Pine oil:
j
Production
gallons..! 346,676
Rosin, gum:
j
Price, wholesale " B " , N. Y...dol. per bbl I 4.45
Receipts, net 3 ports
bbl. (500 lb.)--| 32,002
Stocks, 3 ports, end of month.bbl. (500 lb) __ j 156,291
Rosin, wood:
!
Production
bbl. (500 1b.)._l 51,326
Stocks, end of month
bbl. (5001b.)_-i 83,346
Turpentine, gum:
j
Price, wholesale, N. Y__
dol. per gal I
.42
Receipts, net, 3 ports
bbl. (50 gal.)..I 4,800
Stocks, 3 ports, end of month-bbl. (50 gal.) I 114, 789
Turpentine, wood:
'
Production
bbl. (50gal.)...I 8,580
Stocks, end of month
bbl. (50gal.)._i 10,733
OILS, FATS, AND BYPRODUCTS
17
44
63,402 !102,467 153,316
5,244 I 15,319
39, 752
50,637
77, 054 110, 633
179 I
421
235
69. 787 43,174
34,800
37,141
20,899
20, 640
16, 918
2,200
2,742
1, 350
5,608
1,248
23, 436 19,909
10, 797
704
1,413
84, 296 93, 456 157,
5, 551
21,
6, 707
66. 562 82, 946 126,
98
196
165,427 !178,827 193,
113,697 !113,829 102,
55,957 j 83, 415 75,
3,177 i 4, 486
42,869 I 56.045
1.275 !
1.275
1.275
1.275
167. 095 205,105
24, 973 19,396
870, 835 914,169
246, 286 203,152 ; 168,384
189,133 169,152 ! 79,704
964, 940 814,804 I 831,536
S6
153, 467
36,216
104, 520
186
155,680
50,970
22, 256
4,166
70, 791
341
164, 458
34,025
112,802
1, 233
149, 473
89, 538
32, 642
4, 299
53. 097
545
149,917
36, 326
105, 420
276
2 L8, 892
165, 555
92, 739
6, 332
43, 885
1.285
1.275
221, 772 226,317 281,892 288,307 320,800 298,073 | 259,374
33,163
54, 687
87,313 | 29,178 I 28,438
16, 422 82,059
979,038 1,013,399 1,102,407 i 1,199,542 1,217,767 1,190,315 1,137,700
370, 222 378,395 j 360,889
373,417
354, 389
335, 318
303, 625 343, 038
354,433
4.64
4.67
4.65
69, 290 97,354 ! 110,998
?50, 213 258, 255 j 272,312
I
43, 294 46, 028 47, 867
47, 293
108, 956 95, 283 95,829 | 91, 477
4.85
124,401
311,355
4.83
120,950
324, 539
5. z8
4.91
5.61
5.18
5. 50
88,784 93,917 95,860 °75, 552 41. 226
310, 697 306, 658 334, 226 315, 021 271, 749
4.68
23. 348
222, 638
47, 651
89, 015
48, 063
86, 730
52, 693
83, 021
35,293
122, 631
31,136
131,960
7,261
2,997
7,324
2,910
43, 894 52,156
72, 901 80, 278
.48
.47
.49
.48
.45
3, 808
18, 798 20, 646 20,101 "13,350
131,273 134,539 !142, 625 145, 216 135,959
9,042
7, 355
6,910 | 7,474
7,550
5,531
3,023 j 4,001
2,937
8, 553
337, 646
4.99
28,397
259,391
I
I
.55
4,761
"88, 501
.52
18,410
87, 971
6,316
10,526
7, 049
7,122
.52 i
24,366 j
85,846 j
7,004
4, 588
.50
32,128
103,831
6,787
3,278
47, 388
86, 485
323,125
336,178
43, 719 I 47,214
76,311 I 72, 861
.47
1,442
125, 285
8,740
11,582
Animal fats and byproducts and fish oils |
(quarterly):
Animal fats: t
210,541
Consumption, factory
234, 949
212, 053
__thous. of lb_.
203,048
....j.
319, 916
Production..
306, 659
-.thous. of lb__
352, 519
275,430
I.
364,010
Stock, end of quarter
386, 852
-.thous. of lb_.
361,160
380, 419
Gelatin, edible:
Production
5,052
..thous. of i b . J 5,597
5,047
2, 853
5, 323
Stocks, end of quarter
..thous. of lb__
6,841
8,629
8,526
8,590
7,987
Greases: t
Consumption, factory
52,121
50,732 j
I 51,146
45, 324
..thous. of lb._|Production
68, 942
64,399
..thous. of lb..L
71,738 I
! 64,916
Stocks, end of quarter
;,645
..thous. of lb__L
63,590
I 63,732
66, 856
Lard compounds and substiitutes: t
i
Production
469,
674
...thous. of lb— I.
316,227
293,425
457,595
Stocks, end of quarter
39,890
..thous. of lb—L
32,738 I
29,747
I
32,575
° Revised.
* New series. For earlier data see p. 20 of the April 1935 issue (alcohol withdrawn tax paid), p. 20 of the April 1933 issue (crude methanol). This series for production
revised for 1934 and 1935. Revisions not shown above will be published in a subsequent issue.
t Revised series, see p. 36 of the June 1933 issue, for 1932 revisions, exports and imports of fertilizer; for 1933 revisions on exports see p. 29 of the September 1934 issue;
or 1934 revisions see p. 19 of the December 1935 issue; for revised data for crude methanol production for 1933, see p. 36 of the May 1934 issue. Quarterly data on fats and oils
for the years 1932 and 1933 were shown on p. 19 of the March 1935 issue; for 1934 on p. 19 of the November 1935 issue. For revised series on explosives for period January
1920-October 1933 see p. 19 of the January 1934 issue.
• The refined equivalent of crude production is approximately 82 percent.
• Texas only. Louisiana produced 23 percent of the United States production in 1933 and 16 percent in 1934.
1 Figures since January 1922 revised due to dropping of Missouri from Southern States classification. See p. 19 of the January 1934 issue.
if See footnote on p. 37 of this issue. Monthly revisions for 1933 are shown on p. 20 of the October 1934 issue: for 1934 revisions see p. 20 of the December 1935 issue.
40
SURVEY OF CURRENT BUSINESS
Monthly statistics through December 1931,
together with explanatory footnotes and references to the sources of the data, may be found
in the 1932 Annual Supplement to the Survey
1935
1936
March
May 1936
March
April
June
May
July
1936
DecemAugust SeptemOctober November
ber
ber
January
February
CHEMICALS AND ALLIED PRODUCTS—Continued
OILS, FATS, AND BYPRODUCTS-Con.
Animal fats and byproducts and fish oilsContinued.
Fish oils (quarterly) :f
Consumption, factory
thous. of lb_.
Production
_thous. of lb.Stocks, end of quarter
thous. of lb._
Vegetable oils and products:
Vegetable oils, total:
Consumption, factory (quarterly)f
thous. of lb_.
Exports.
__
thous. of ib_.
Importsf#
thous. of lb__
Production (quarterly)t
thous. of lb__
Stocks, end of quarter:f
Crude
thous. of lb-_
Refined
thous. of lb._
Copra and coconut oils:
Copra:
Consumption, factory (quarterly)
short tons__
Imports*
short tons..
Stocks, end of quarter
short tons..
Coconut or copra oil:
Consumption, factory:
Crude (quarterly)f
thous. oflb_.
Refined, total (quarterly)!
thous. of lb__
In oleomargarine
thous. of lb._
Imports#
thous. of Reproduction (quarterly):
Crude
thous. of lb__
Refined
thous. of lb._
Stocks, end of quarter:!
Crude
.thous. of lb._
Refined
thous. of lb__
Cottonseed and products:
Cottonseed:!
Consumption (crush)
short tons..
Receipts at mills
short tons..
Stock at mills, end of month
short tons..
Cottonseed cake and meal:
Exports!
short tons..
Production
short tons..
Stocks at mills, end of month
short tons..
Cottonseed oil, crude:f
Production
thous. of lb__
Stocks, end of month
thous. of lb_.
Cottonseed oil, refined:
Consumption, factory (quarterly)!
thous. of lb_.
In oleomargarine
thous. of lb__
Price, summer yellow, prime, N. Y.
dol. per lb._
Production!...
.thous. of lb._
Stocks, end of month
thous. of lb._
Flaxseed and products:
Flaxseed:
Imports, United States#_thous. of bu_.
Minneapolis and Duluth:
Receiptsthous. of bu__
Shipments
thous. of bu._
Stocks, end of month.-thous. of bu._
Oil mills:!
Consumption, quarterly
thous. of bu._
Stocks, end of quarter..thous. of bu._
Price No. 1, Minneapolis.dol. per bu._
Production, crop estimate
thous. of bu_.
Stocks, Argentina, end of month
tbous. of bu._
Linseed cake and meal:
Exports
thous. of lb__
Shipments from Minneapolis
thous. of lb__
Linseed oil:
Consumption, factory (quarterly)!
thous. of lb_.
Price, wholesale, N. Y
dol. per lb__
Production (quarterly)!_.thous. of lb._
Shipments from Minn thous. of lb__
Stocks at factory, end of quarter
thous. of lb__
Oleomargarine:
Consumption (tax-paid withdrawals)
thous. of lb_.
Price, standard, uncolored, Chicago
dol. per lb_.
Production
Vegetable shortenings:**
Price, tierces, Chicago
thous. of lb.
dol. per lb__
60,563
46, 208
221,547
648
82,003
754, 643
396
80, 395
581,304
939
91,445
I 628,186
251
632
1,622 j 121,023
! 357,167
525, 210
642, 272
14,976
48,683
26,579
25, 688
63, 346
67, 249
187,916
59,139
9,143
___! 172,371
593
696
95,895 I 89,492
J 507,571 |_
602,217
15,038
11, c
35, 733
6,858
24, 605
!-_
26,138
609, 071
383
92,174
456,913
10,330
128,036
130,395
86,811
11,472
39, 040
101,105
16, 771
13,056
29, 770 25,965
10, 326
22,929
1,004,980
329
114,354
950, 784
526 I
94,611 I
181
32, 019
737
22, 873
13, 297
40,039 j
24, 511
135,073 {.
16, 372
31, 055
15, 275
21,985
105,252
15,024
45,122
17, 946
23, 507
27,108
37, 972
62, 261
96, 256
44, 502
83, 017
61, 569
91,345
84,509
93, 006
122,142
31,960
112, 507
26,036
109,836
23, 560
127, 904
23,992
65, 302 145,115
30,868 203,442
436,027 741,295 634,326
760,691 1,096,758 693,101
518,673
481,299
456, 656
244,044
350, 614
85, 646
252,065 260,964
80,564 40,090
129,372
18,886
102,266
22,435
200, 349 359,364
248,878
169, 047 125,339
781
236
114, 649 118,496
24
61,704
285, 958 309,460
263,899
68,175
24,467
89,575
149,446
472,566
828,029
886,804
849,430
636,818
371,850
223
30,313
20
29,132
80
65,380
1,420
194,282
2,418
336,139
1,403
287, 362
1,382
231,337
189
207, 346
2,567
163,342
242, 204 223,893
198,367
178,358
196,095
253,294
49
46, 959
81,055
113,413
84, 258
96, 657
43, 525
61,725
33,194
47,589
22, 617
38, 036
20,772
28, 263
8,178
286,324
9,854
11,005
7,819
256,192
6,425
5,819
.094
84,935
504,033
338
632, 757
477,563
48,424 i
19, 535
27,433
29, 565
150, 711
13,804
27,849
237
87, 810
_ 536,
_ 355,800
110,304
13,289
14,560
22, 532 25,045
15,945
25, 293
67,328
117,078
212, 667
.103
.108
.105
97, 237 73,380 52,011
557, 623 576, 783 540,864
43, 660 127,816
27, 638 74,537
312,279
355,432
358, 752
322, 211
225,168 193,025
110, 557 119,314
154, 286
131,843
135,623
128,018
107, 792
126,446
6,403
360,590
6,714
6,610
8,549
361, 863
9,120
8,626
10,700
.101
.096
.099
37, 063 26,066
38,935
513,358 444, 833 178,358
.102
73,430
287,347
.104
161,333
289,326
.103
176,261
343, 550
.107
139,381
401, 284
.101
126, 945
453,990
.097
114,079
489,195
1,496
1,970
1,160
1,360
1,738
2,240
1,129
1,322
930
1,254
1,690
224
131
1,246
105
44
878
139
242
603
214
179
397
319
70
344
205
117
248
985
81
344
4,009
389
2,040
3,148
1,299
3,326
952
1,266
2,597
415
298
2,153
229
142
1,928
119
1,640
1.76
5,754
2,094
1.81
1.85
1.77
6,104
1,464
1.65
1.53
5,998
3,005
1.68
8,264
4,270
1.83
1.87
1.84
1,414
/14,931
7,087
21,748
7,874
7,087
6,299
5,315
2,322
4,331
3,543
2,559
1,969
3,150
4,331
36, 225
15, 244
30, 704
36,929
33, 201
53, 605
39,368
41,787
35,356
37,430
40,983
59,293
39,399
7,952
6,114
4,776
4,485
7,544
12,506
21, 527
22, 647
19, 509
22, 245
21, 782
82,888
.096
116,946
6,045
.093
.087
.097
.097
.100
5,233
13, 320
6,854
75, 404
.101
156,569
4,069
.101
4,797
73,812
.089
116, 667
10, 235
1,605
7,853
59,376
.095
111,823
6,324
10, 200
""."695' """."696*
6,053
6,118
32,368
31,511
.145
33, 794
.141
34,200
.117
.130
146,532
106,332
104,995
125,416
26, 766
17,846
26,193
32, 440
32,430
35,501
32,831
37, 388
37,851
.140
.140
.140
»37, 386 »30, 446 « 25, 222
.127
.129
.128
.135
21, 469
.130
25,793
.130
31, 855
.142
32, 261
.145
33,962
.145
33,506
.145
36, 558
.145
38,835
.124
.130
.130
.128
.128
.125
.122
.118
38, 243
27,785
•Revised.
/ December 1 estimate.
•For earlier data on vegetable shortening price, see p. 18 of the January 1934 issue.
.. ,
!Revised series: Monthly data on cottonseed and cottonseed products for the year ended July 1932 were shown on p. 20 of the February 1933 issue; revisions for each
month of 1933 were shown when monthly data for 1934 became available; revisions for year 1934 were shown on p. 38 of the November 1934 issue and for year ended July 1935
on p. 20 of the November 1935 issue. For exports of cottonseed cake and meal for the yearl932see p. 37 of the June 1933 issue. Data revised for 1933 see p. 19 of the September
1934 issue; for 1934 revisions see p. 19 of the December 1935 issue. For revised data on imports of vegetable oils for 1932 see p. 17 of the June 1933 issue; for 1933, p. 20, of the
October 1934 issue; and for 1934, p. 20, of the December 1935 issue. Quarterly data on fats and oils for the years 1932 and 1933 were shown on p. 19 of the March 1935 issue;
for 1934 on p. 19 of the November 1935 issue.
footnote on p. 37 of the October 1934 issue. Data revised for 1933; see p. 20 of the October 1934 issue; for 1934 revisions see p. 20 of the December 1935 issue.
http://fraser.stlouisfed.org/#See
•This series prior to September 1935 was listed as "Lard Compound."
Federal Reserve Bank of St. Louis
41
SURVEY OF CURRENT BUSINESS
May 1936
Monthly statistics through December 1931,
together with explanatory footnotes and references to the sources of the data, may be found
in the 1932 Annual Supplement to the Survey
1935
1936
March
March
April
May-
June
July
1936
DecemAugust SeptemOctober November
ber
ber
January
February
CHEMICALS AND ALLIED PRODUCTS—Continued
PAINTS
Paints, varnish, and lacquer products:!
Total sales
_
thous. of dol..
Classified
thous. of doL.
Industrial
thous. of doL.
Trade
thous. of doL.
Unclassified (273 estab.)§__thous. of doL.
Plastic, cold-water paints, and calcimines:
Sales:
Calcimines
dollars..
Plastic paints—
dollars..
Cold-water paints
dollars..
26, 544
18,418
8,061
10,357
8,126
32, 851
22, 295
9,178
13,117
10, 557
36,160
24,434
299,610
33, 675
88,114
28,975
19,675
8,338
11,336
9,300
28, 502
19, 214
7,777
11,438
9,287
28, 536
19,039
7,985
11,054
9,497
32, 853
22,132
9,519
12, 613
10,721
25,427
17, 856
15,745
11,726
32,326
22,118
8,503
13, 615
10,207
8,870
7,571
20, 039
14, 271
7,561
6,710
5,768
* 23, 914
*16, 355
«• 8,195
a
8,160
7,559
20,154
14, 270
7,073
7,197
5,884
332,343
36, 653
113, 202
376, 644
35,563
128,461
303, 229
28,668
102,892
253, 256
29,039
103,161
29, 261
107,877
274,829
27,463
102,379
264,306
34,414
10S, 306
212,871
31, 760
77,784
205, 543
21,468
72, 918
280,896
31,292
89, 730
200, 964
28, 358
76,971
CELLULOSE PLASTIC PRODUCTS
Nitro-cellulose:*
Sheets, rods, and tubes:
Production
Shipments
Cellulose-acetate:*
Sheets, rods, and tubes:
Production
Shipments.._
thous. of lb_.
thous. of lb_.
1,224
1,239
1,363
1,228
1,311
1,356
1,292
1,246
1,009
1,017
1,026
1,024
1,285
1,294
1,551
1,435
1,660
1,598
1,298
1,420
1,469
1,398
thous. of lb_.
thous. of lb..
785
962
1,054
1,107
1,048
718
649
317
293
525
595
578
882
884
1,299
1,239
1.265
1,114
859
869
934
597
546
15, 223
7,909
19, 723
6,653
21,831
6,324
21,454
7,252
20, 215
7,376
20,666
7,730
20,419
7, 376
24, 716
16,851
7,577
15, 780
8,935
17, 286
8,677
19, 313
7,902
2,032
464
555
1,012
2,974
606
908
1,460
2,882
586
991
1,304
2,213
494
739
980
2,321
576
635
1,110
2,768
667
815
1,286
3,102
834
766
1,501
3,180
850
869
1,461
1,952
498
482
972
1,186
270
607
« 1, 668
366
°341
« 961
3,139
660
565
1,914
1,230
» 1, 252
1,322
1,148
EOOFING
Dry roofing felt:
Production
short tons..
Stocks, end of month
short tons..
Prepared roofing shipments :<[
Total
_
thous. squares.
Grit roll
..thous. squares.
Shingles (all types)
.thous. squaresSmooth roll...
thous. squares.
22,528
7,999
ELECTRIC POWER AND GAS
ELECTRIC POWER
Production, totalf
mills, of kw.-hr..
By source:
Fuelsf
mills, of kw.-hr..
Water powerf
mills, of kw.-hr.
By type of producer:
Central stations!
mills, of kw.-hr_.
Street railways, manufacturing plants,
etc
mills, of kw.-hr..
Sales of electrical energy:
Sales to ultimate consumers, total (Edison
Elec. Inst.)
mills, of kw.-hr__
Domestic service
..mills, of kw.-hr..
Commercial—retail
mills, of kw.-hr.
Commercial—wholesale.mills. of kw.-hr.
Municipal street lighting
mills, of kw.-hr.
Railroads:
Electrified steam
mills, of kw.-hr__
Street and interurban.mills. of kw.-hr. _
Revenues from ultimate consumers (Edison
Elec. Inst.)...
thous. of dol
* 7,816
* 8, 022 * 7, 875
1
8,373
* 8,576
9,139
• 9, 246
a
5,143
3,773
x 4, 442
3,566
* 4, 203
3,612
1
* 4,781
3,592
» 5, 246
» 3, 330
• 5,182
° 3, 024
»1 5,975
2,872
5,432
1
3, 258
5,850
3,288
* 5, 881
- 3,365
» 5, 683
* 2, 919
8,435
* 7, 549
* 7, 365 * 7,557
* 7,846
* 8,078
1
* 8, 361 » 8, 209
8,588
> 8, 747
» 8,122
481
459
451
465
6,081
1,125
1,120
3,134
6,225
1,102
1,129
3,327
6,145
1,060
1,099
3,346
6,147
1,059
1,095
3,396
6,265
1,052
1,128
3,468
201
186
175
152
8,916
4,301
3,721
* 4,425
* 3,450
* 7,419
456
,206
7, 731
* 8,847
8, 603
475
486
481
551
499
481
6,614
1,073
1,177
3,734
6,635
1,135
1,192
3,676
6,823
1,186
1,220
3,726
6,927
1,289
1,293
3,624
7,029
1,368
1,361
3,493
7,278
1,466
1,403
3,567
6,999
1,340
1,324
3,514
170
180
189
207
217
227
234
219
67
329
67
333
328
73
360
79
368
439
100
446
96
435
159, 073
162, 789
169, 339
171, 220
527
67
384
365
354
65
331
155,884
156,069
153, 203
151,437
151, 215
156,038
173, 459
179,141
<a• 9, 841 a
« 9,936 « 9,949
9, 279
9, 303 a 9, 369 " 9, 389
• 114
«117
°120
« 115
«437 1 a 435
°435
"434
1
•
30,943
31,065
30,304
*28,
897
1
19, 034 1 18, 742 '19,166 1 19, 764
a
4,160 • 3, 789 « 3, 027 • 1, 271
« 9, 394
"106
"436
1
25,
723
1
17, 601
"550
a
9,956 «10,023 »10,033 « 9, 994 «10, 005
" 9, 407 • 9, 473 a 9, 467 «9,421 « 9, 425
"104
"106
"121
•131
«128
"433 a "435 1 « 434 1 «437 a °439
1
24,479
27,492
33,480
29,897
30,164
1
16, 673 »19,189 1 20,008 * 18,543 • 18,679
"550
"387
• 1, 571 « 3, 223 ° 5, 716
9,960
9,333
133
485
35,960
19,922
6,669
• 7, 682 « 8, 233 • 7,944
• 7, 396
GAS
Manufactured gas:*t
Customers, total
..thousands..
Domestic_
thousandsHouse heating. _
thousands.>
Industrial and commerciaL_thousands_.
Sales to consumers
millions of cu. ft._
Domestic. _.
millions of cu. ft._
House heating
millions of cu. ft..
Industrial and commercial
millions of cu. ft..
Revenue from sales to consumers
thous. of dol._
Domestic
thous. of dol._
House heating
thous. of doL.
Industrial and commercial.thous. of dol__
Natural gas:*f
Customers, total
thousands..
Domestic
thousands..
Industrial and commercial, .thousands. _
Sales to consumers
millions of cu. ft__
Domestic
millions of cu. ft..
Industrial and commercial
millions of cu. ft..
Revenues from sales to consumers
thous. of dol_.
Domestic
thous. of dol._
Industrial and commercial.thous. of dol.
• 7, 720
1
1
31, 641
22,805
•
2,927
a
5, 772
'31,370 '31,834
' 22,953 1 24, 275
"2,417 «a 1, 695
« 5,857
5, 736
« 5,838
• 5, 381
«455
•
97, 524
1
34,136
• 5,827 • 5,845 • 5, 836
• 5, 378 « 5,403 • 5,409
"448 ; "441 1 "425
'89,515
82,843 74,116
1
28, 576 ; 24, 608 119,149
" 5,820
« 5,404
"415
»68, 272
'14,083
»62, 231
' 59,947
'53, 314
'35,413 (1 31, 599
»22,290 19, 273
• 12,928 '12,162
57,168
;
;
1
* 7, 288
" 7, 600
'53, 761
• 8,134
• 8,861
9,143
753 '31,308 • 33, 013
24, 697 1 23,416 • 23, 336
" 1,150 a" 1,849 « 3, 291
5, 912
• 6, 244
• 5, 782
34, 555
23,800
4,113
6,495
" 5, 835 • 5,880 • 5,947 « 6,018 « 6, 039
• 5, 427 • 5, 468 "5,510 ° 5, 552 0 5, 563
°464
"407
"435
a 474
'• 71, 519 a 411 ;; 85,028 ; 99, 714 113,418
75,
325
26,
726 3 36,325
• 12, 519 •
18,
556
1
14,135
58, 049 • 60,273 65, 252 71, 691 * 75, 680
5,987
5,515
470
123,778
43, 715
•
31,189 »28, 313 ' 27,137 * 30,140
1
24, 669 1 22, 575 1 21, 539 * 24,140
"894
° 475
« 313
•419
• 5, 524 « 5, 216 " 5,175 "5,415
28, 355 '• 24, 395' 21, 095 20, 776 • 22,120
17, 028 • 14,056 ' 11,192 10, 316 »11, 262
11,159 '• 10,178 • 9, 760 10, 321 110,718
« 8, 206
1
31,
1
25,805
13,677
11,958
32,099
18, 316
13, 591
0
38,825
* 23, 635
* 14,981
78, 980
44, 312
27,964
16,178
• Revised.
* New series. For earlier data see p. 19 of the May 1935 issue, manufactured and natural gas. Series on cellulose products prior to January 1933 not available.
1 Revised series. Data revised beginning with January 1932; see p. 39 of the April 1935 issue. Revisions for period January 1932 to January 1934, inclusive, will
be shown in a subsequent issue.
t For revised data for electric-power production for 1932 see pp. 38 and 56 of the May 1933 issue; for 1933 see p. 38 of the May 1934 issue; 1934 and 1935 data also revised.
Revisions not shown in the June 1935 issue and in this issue will appear in a subsequent number. Manufactured and natural-gas statistics for the years 1929-35 have
been revised. Revised data prior to March 1935 will appear in a subsequent issue. Data for series superseded by current statistics appeared on pp. 19 and 20 of the
May 1935 issue and in the monthly numbers through April 1936.
§ For revised data on paint, varnish, and lacquer products for the years on "total" for 1928-35 and "unclassified" for years 1932-35 see p. 20 of the November 1935 issue
42
SURVEY OF CURRENT BUSINESS
Monthly statistics through December 1931,
together with explanatory footnotes and references to the sources of the data, may be found
in the 1932 Annual Supplement to the Survey
Mav 1936
1935
April
March
May
June
1936
Decem- January
August SeptemOctober November
ber
ber
July
I
F
^m-
FOODSTUFFS AND TOBACCO
BEVERAGES
Fermented malt liquors:*
Consumption (tax-paid withdrawals)
3,738
thous. of bbl—
4,433
Production
thous. of bbl—
7,333
Stocks, end of month
_.thous. of bbl_.
Distilled spirits:*
Consumption (tax-paid withdrawals)f*
6,203
thous. of proof gal—
5,531
Whisky
thous. of proof gal..
Production, total.
thous. of proof gal— 22, 691
21,612
Whisky
thous. of proof gaL.
Stocks, end of month..-thous. of proof gal— 258, 221
Whisky
thous. of proof gal— 248, 946
Rectified spirits:
Alcohol, ethyl, withdrawn tax paid (see p.
38):
Consumption (tax-paid withdrawals)*
2,335
thous. of proof gaL.
3,270
4,036
6,472
3,431
4,465
7,219
4,006
4,576
7,736
4,341
4,521
7,615
5,465
5,335
7,341
5,332
5,107
6,924
3,931
3,868
6,690
3,790
3,735
6,496
3,366
3,221
6,204
3,104
3,219
6,205
5,258
4,715
16,067
15, 348
129, 679
122, 560
4,901
4,384
15,171
14, 329
139,036
131, 659
5, 301
4,613
16, 701
15,679
150, 477
142, 639
4,675
4,014
15,144
14,280
160, 755
152,807
4,265
3,486
15,610
14, 557
171, 094
163, 202
4,535
3,758
14,089
13, 067
180, 268
172, 363
7,020
6,372
16,238
13, 989
187, 729
180, 066
7,807
7,076
23,002
16, 549
195, 796
188, 423
9,045
8,237
25,000
18, 301
205, 382
197, 788
8,219
7,315
24,412
19,910
215,518
207,154
1,492
1,414
1,451
1,345
1,271
1,385
2,019
2,614
2,969
2,998
118,843
139,465
154, 367
138,811
133, 372
150, 7C4
149, 397
.32
111,258
38,127
.34
130,984
44, 246
.27
179,162
58,860
.24
.24
200,733 ! 186, 562
72,844 | 72, 036
.25
157,839
53,000
141,141
5,341
5,676
33, 096
96,392 | 149,628
156, 855
148,822
48, 606
4,220
.17
34,408
' 24, 706
8,955
55,145
4,455
.17
40, 547
30, 573
10,688
61,215
3,735
.16
56, 909
44, 934
11,803
56, 641
3,836
.15
70,659
55, 607
14,645
52,153
2,832
.15
68, 760
54, 293
18, 480
53, 889
3,647
.16
61,513
51, 493
16, 687
3,632
.17
59,491
47, 448
16, 384
62,851
54, 769
54,459
46, 593
56,767
48,320
75, 291
64,395
94, 679
82, 397
105,851
92, 767
114, 953
102, 661
27,349 ' 33,619 ; 23,334
21,689
2,679
3,335
2, 685
2, 932
(i. 802
6, 019
6, 173
5,421
5. 687
21,910 • 19,804
20,340
18,838
230,425 i 242,830
221, 602 I 233, 797
2, 304
•2,1)28
148,227 j 143,320
136,491 i 127,217
123,556
.28 j
.32
119,602
94,838
42,149 I 32,898
.34
104,426 j
35,734
.35
107,831
42. 257
.37
108, 096
41.211
DAIRY PRODUCTS
Butter:
Consumption, apparent*!
thous. of lb—
Price, N. Y., wholesale (92-score)
.32
dol. per lb__
Production (factory) f
_.thous. of lb._ 121,157
Receipts, 5 markets
.—thous. oflb— 45, 829
Stocks, cold storage, creamery, end of
month
thous. of lb_Cheese:
Consumption, apparentf
thous. of Ib._
5, 693
Imports#
thous. of lb—
. 17
Price, no. 1 Amer. N. Y
dol. per Reproduction (factory) t
thous. of lb—
American whole milkf
thous. of lb.. 29 ,"733
Receipts, 5 markets
thous. of Re- 15, 164
stocks, cold storage, end of monthf
thous. of lb._ 73, 905
American whole milkf
thous. of lb_. 62,265
Milk:
Condensed and evaporated:
Production :f
Condensed (sweetened)_.thous. of lb_. 23,. 328
Evaporated (unsweetened) §
thous. of lb— 144, 222
Exports:
Condensed (sweetened)..thous. of lb—
229
Evaporated (unsweetened)
thous. of lb—
2, 463
Prices, wholesale, N. Y.:
Condensed (sweetened).dol. per case..
4. 85
Evaporated (unsweetened)
dol. per case..
3. 15
Stocks, manufacturers, end of month:
Condensed (sweetened):
2,477
Bulk goods
thous. oflb-.
2. 963
Case goods
thous. of lb-.
Evaporated (unsweetened):
Case goods
thous. of lb— 42, 597
Fluid milk:
Consumption in oleomargarine
0,622
thous. of lb—
Production, Minn, and St. Paul
thous. of lb-. 35, 548
Receipts:
Boston, incl. cream
thous. of qt—
Greater New York*
thous. of qt_. ]Q4,~459~
Powdered milk:
268
Exports
thous. of lb._
Orders, net, new
thous. of lb— 12,167
9,414
Stocks, mfrs. end of mo
thous. of lb...
18, 764
23, 224
141,547
180, 943
842
4,882
717
3,267
231,663
!
4.85 j 4.85
4.85 :
3.00 ! 3.00
'
3.00 I
4,880
3,714
5,759
5, 552
265 t
1,581
4.85
4.85 I
;
3.00 I
13, 059
16,511
9, 571
12, 284
319 j
2,432
39,993 I 74,145 < 179,684 ! 287,204
I
2.80 !
62. 476
6,015
.17
53,315
41,157
16,836
j
s, 217
56, 180 • 54, 820
3,240
3,794
. is ; . 17
39. 809
43, 841
26, 139
29,730
13.339
10. 41o
47, 085
3,022
. 19
38, 782 ,
26,912
11,488 i
52, 304
5,880
.18
39, 464
27, 598
15, 423
99,572 I
90,890 •J79, 556
86,537 ! 78,197 i «6X. 363
111,731 j 104,661
100,670 j 92,912
18,918 | 17,581 j 16,856 J 21,405 ; 19,833
21,254
87,766 ! 102,872 ' U S . 301 ! 112.704
242 j
235 j 275
332
474
1,582 j
2,383 j 2,108
2,646
2, 585
4.85 !
4.85 I 4.85
4.85
4.85
4.85 : 4.85
2.90
3.12
3.15 :-
!
2.80
j
147 I
1,810
257
2,719
3.15
2.80
2, 931
8,829
2. 8-15
6.044
358,780 j 343,132 ! 229,065 | 91,250 I 72,916
0G. 094
13,956 i 11,648 1
18,159 ! 18,460 !
339,978
21, 502 ,
120,210 I 71,948 j 40,117
269,344 < 209,278 | 161,929 | 138,202 j 105,325
89 !
3,441
48, 294
8,333
17,349
5,497 ! 3,373
14,678 I 11,697
7,700
8,645
7,012
5,998
4,489
5, 371
6,515
6,506
6,787
6, 932
29,838
29, 722
38, 702
39, 899
32, 713
27, 869
24, 773
23,075
22, 738
28,022
17,624
105,684
17,110
105,280
18, 131
111,529
17, 535
110,417
19,614 j 18,431
110,573 ! 107,630
16, 529
107, 265
17, 768
109, 639
170
12,755
20,407
200
12,298
20,896
228
13, 646
27, 377
207
12, 338
36, 440
281
12, 989
38, 504
243
16, 239
34,698
282
14, 844
29, 702
252
13, 559
23,166
5,414
4,674
3,107
1,175
1,307
1,605
6,855 ! 18,836
3, 762
15, 016
1,838
2,642
15,198
1,208
1,189
16, 741
2,385
11,466
1,020
8,428
1,744
2,510 ;
6,800 I
3,420 I
.881
.935
17 160
105 925
16 210
109 377
11
2. 329
3. 659
1, 000
31,578
16 38
111
234 !
219
13,254 j 12, 654
14,580 ! 10, 121
30,919
15, 308
10, 952
9.212
236
M O 720
" \ 485
8. 225
9,686
14,450 •. 13.26D
2,592
1,518 !
5 976
IS] 516
2. 625
FRUITS AND VEGETABLES
Apples:
Production, crop estimate
thous. of bu__
Shipments car lotf
carloads..
Stocks, cold storage, end of month
thous. of bbl—
Citrus fruit, car-lot shipmentsf
carloads..
Onions, car-lot shipments!
carloads..
Potatoes:
Price, white, N. Y
dol. per 100 Reproduction, crop estimate.-.thous. of bu._
Shipments, car lotf
carloads..
!
1.820
24, 388
20,878 I 17, t
360 I
15,574 ! 12,114
3,326 i 3,038
.806 !
18,386
!
.713 i
.965
21,073 I 15,453
706
.906 I
7, 546
10, 276
8,911
3,654
11,018
11,153
2,392
1.120
1.800
9,097 i 12,362 I 19,491 • 13,854
/168, 465
! 5,378 ;
1.790;
/356, 406
11,356 .
1.700
19. 560
0
Revised.
§Bulk evaporated milk not included since December 1931.
/ Dec. 1 estimate.
•New series. Beverage figures are from the U. S. Treasury, Alcohol Tax Unit. Monthly data on distilled spirits available beginning July 1933 and on fermented
malt liquors, April 1933. For earlier data for receipts of milk in Greater New York see p. 20 of the August 1934 issue. See p . 19 of the June 1933 issue for butter consumption.
Data on consumption of rectified spirits are as indicated by the sale of stamps. Data prior to April 1933 not published.
#See footnote on p . 37 of this issue. Data for 1933 also revised, see p . 20 of the October 1934 issue. For 1934 revisions see p . 20 of the December 1935 issue.
fRevised series. For revisions refer to the indicated pages of the monthly issues, as follows: For 1931 on apparent consumption of cheese, production of total and
American whole-milk cheese, and production of condensed and evaporated milk, p. 20, January 1933. For earler data on stocks (cold-storage holdings) of total and American
whole-milk cheese, p . 19, April 1933. For 1932 revised data on production of factory and American whole-milk cheese, production of condensed and evaporated milk, p. 39,
September 1933. For subsequent revisions for 1932 on production of evaporated milk, p . 39, November 1933. For 1932 and 1933 revisions on butter and cheese consumption
and 1933 revisions on production of butter, cheese, condensed and evaporated milk, see p . 19 of the March 1935 issue. For 1934 revisions on production of butter, cheese,
condensed and evaporated milk, and apparent consumption of butter and cheese see p . 19 of the November 1935 issue. For final revision for 1933, car-lot shipments 0?
apples, citrus fruits, onions, and potatoes, see p . 20, January 1935 issue, and for 1934 revisions see p. 20 of the November 1935 issue. Data on consumption of distilled spirits
revised to include brandy tax paid direct from fruit distilleries. For revisions see p . 39 of the March 1935 issue.
•Consumption of distilled spirits (withdrawn tax paid) plus brandy tax paid direct from fruit distillers plus ethyl alcohol withdrawn tax paid (see p. 39) equals
Bureau of Internal Revenue total of distilled spirits withdrawn tax paid.
43
SURVEY OF CURRENT BUSINESS
May 1936
Monthly statistics through December, 1931, 1936
together with explanatory footnotes and references to the sources of the data, may be found
in the 1932 Annual Supplement to the Survey March
1935
March
April
May
June
July
August
1936
Septem- October Novem- December
ber
ber
January
February
FOODSTUFFS AND TOBACCO—Continued
GRAIN AND PRODUCTS
Exports, principal grains, includingflourand
2,481
2,156
3,449
2,777
2,601
mealf
thous. of bu__
1,762
1,478
1,607
1, 594
2,003
1,683
2,144
Barley:
573
872
1,240
1,053
1,138
Exports, including maltf
thous. of bu._
67
823
79
549
581
359
128
Price, no. 2, Minn.:
.66
.56
.97
.58
.52
.58
.61
.59
Straight*
dol. per bu__
.67
1.01
.87
.71
.66
.62
.66
1.07
.65
.59
.65
Malting*
dol. per bu__
1.08
.82
.71
/292,249
Production, crop estimate...thous. of bu..
4,809
Receipts, principal markets*-thous. of bu._
7,845
2,104
3,205
1,559
7,645
13, 780
9,923
7,827
6.142
2,550
2,628
3,826
Visible supply, end of month•
thous. of bu__ 12,978
6,412
16,087
16, 571 15, 474 15, 124 13, 443
9,005
6,845
3,681
12,009
5,169
7,684
Corn:
42
32
48
70
62
74
28
46
52
Exports, including mealf
thous. of bu_.
44
39
29
63
6,044
5,630
6,021
Grindings
thous. of bu_.
4,574
4,571
4,710
5,868
5,513
4,028
4,001
3,917
5,748
Prices, wholesale:
.62
.62
.92
.61
No. 3, yellow (Kansas City)_dol. per bu._
.87
.84
.78
.81
.63
.93
.67
.89
.64
.82
No. 3, white (Chicago)
dol. per bu__
.91
.85
.94
.87
.84
.62
.56
0)
.58
(
/
)
Production, crop estimate..-thous. of bu__
2,202,852
7,129
Receipts, principal markets..thous. of b u . . 18,003
7,559
10,850
9,544
18,879
6,146
13, 640
7,313
9,878
9,091
18, 729 14,466
Shipments, principal markets
3,102
7,256
9,308
7,356
3,342
8,133
thous. of bu_.
7,750
3,812
7,494
4,565
7,905
6,039
Visible supply, end of month*
4,884
6,821
3,932
21,923
12,041
6,802
thous. of bu_.
7,955
2,481
7,317
15,924
7,685
Oats:
142
83
70
88
63
105
77
Exports, including oatmealf-thous. of bu__
68
154
65
303
70
80
.30
.29
Price, no. 3, white (Chicago)__dol. per bu._
.49
.44
.30
.30
.28
.39
.36
.29
.50
.30
.29
(
/
)
Production, crop estimate thous. of bu._
1,195,435
3,351
Receipts, principal markets.-thous. of bu..
8,768
2,261
2,224
1,901
2,544
28,907
21,300
12, 089
6,201
5,652
4, 450
4,489
Visible supply, end of month*
thous. of bu.. 37,648
8,399
7,075
41,123
14, 366 11, 867 10, 786
25,068 41,430 45,863 46, 637 42,012
40, 213
Rice:
Exportsf
pockets 1001b..
26,121 141, 593 288, 072 329, 712 55, 374 35,182 90,194 148, 651 342,068 90, 247 51, 059 29, 792
6,986
Imports#
pockets 1001b.. 79,589
14, 056 21,932
19, 769 25,040
81,158
7,717
6,897
15, 644
11, 789 12,412
27, 839 73, 986
Price, wholesale, head, clean, New Orleans
.040
.039
dol. perlb..
.040
.040
.040
.040
.040
.040
.039
.039
.039
.040
. 039
/ 38, 452
Production, crop estimate thous. of bu_.
Southern States (La., Tex., Ark., and
Term.):
Receipts, rough rice, at mills
2,402
thous. of bbl. (1621b.)..
825
143
1,796
845
657
232
175
82
14
272
483
Shipments from mills (milled rice) total »
thous. of pockets (100 lb.)_.
591
1,224
538
910
961
1,019
979
953
529
270
331
1,070
Stocks, domestic, rough and cleaned (in
terms of cleaned rice) end of month
3, 044
1,855
3,136
1,075
383
333
2, 554
thous. of pockets (100 lb.)_.
2,550
1,842
709
Rye:
1
2
0
Exports, including flour thous. of bu_.
0
0
0
0
0
0
2
0
.53
.61
Price, no. 2, Minneapolis
dol. per bu..
.45
.49
.49
.52
.48
.54
.61
.46
.47
.52
Production, crop estimate,.-thous. of bu_.
/ 57,936
Receipts, principal markets*_thous. of bu_. "I,"324
2,754
1,991
1,680
405
190
298
286
2,212
1,061
2,461
703
1,169
Visible supply, end of month*
thous. of bu..
7,060
9,660
9,198
9,652
6,907
8,367
9,022
7,555
8,559
8,412
7, C42
Wheat:
Exports:f
1,602
1,202
1,324
1,502
1,489
1,132
Wheat, including flour thous. of bu_.
1,425
1,426
1,231
1, 192
1,281
1,195
1,278
13
30
14
14
34
Wheat only
thous. of bu..
2
30
10
66
2S
30
8
8
Prices, wholesale:
No. 1 Dark Northern Spring, Minn.*
1.13
1.33
1.34
1.28
dol. per bu..
1.27
1.19
1.16
1.05
1.13
No. 2 Red Winter, St. Louis
1.09
1.05
.95
.87
.92
1.06
1.08
.93
1.03
1.10
dol. per bu_.
.97
.86
1.09
1. l:-!
.97
1.15
1.19
1.13
1.11
No. 2 Hard Winter, K. C d o l . per bu..
.99
.99
1.04
1.06
1.05
.88
1.10
Weighted average 6 markets, all grades
1.00
dol. per bu..
1.06
.97
.97
1.03
1.07
1.07
1.13
Production, crop estimate, total
/G03,199
thous. of bu_.
f169,752
Spring wheat
thous. of bu_
Winter wheat
thous. of bu
f433, 447
9.277
14,501
474
9,788
9,943
Receipts
_
thous. of bu__
4,668
27,883
8,298
10, 024 28,895 48,169 42,289
7,964
6, 782
7,181
Shipments
thous. of bu..
9,289
6,355
7,971
15, 595 14, 695 12,403
8,683
11, 217 11, 233 14,997
445, 599 405, 507 380, 760 342,490 339,480 359,920 418,130 443,400 436,690 484, 010 468, 910 427, 650
Stocks, visible supply, world-thous. of bu._
Canada
thous. of bu._ 206,823 227, 259 216,181 199, 926 194,779 192,419 186,114 219,903 259,869 257,424 259, 928 243, 631 223, 725
104
68,010
74, 730
78, 631 82,406 80,371
United States*.
thous. of b u . . 49, 537 52,735
42,832 31,607 23, 739 36, 674 64,198
Stocks, held by mills (quarterly)
139,
774
155,791
58,700
thous. of bu_. 86, 097 87, 314
Wheat flour:
10,373
7,923
9,035
8,154
7,920
7,624
8,567
10,703
Consumption (computed) f.thous. of bbL.
7,646
7,665
335
234
297
317
279
314
Exports
thous.of bbl..
266
253
303
270 41,686
248
38,
254
33,123
45,664
36,
309
38,281
Grinding of wheat.
thous. of bu..
Prices, wholesale:
35,466
35,567 33, 745 33,918
37,141
8.21
8.15
6.92
7.16
8.48
Standard Patents, Minn.-dol. per bbl..
Winter, straights, Kansas City
7.48
6.87
7.22
7.44
7.99
6.84
6.69
5.42
5.66
7.19
dol. per bbL.
7.06
Production:
5.91
5.54
5.69
6.13
6.24
8,274
7,175
8,253
9,897
Flour, actual (Census)
thous. of bbL9,055
Flour prorated, total (Russell's) t
7,787
7,381
7,387
8,082
9,802
11,116
8,349
8,975
8,125
8,767
thous. of bbl._
9,746
8,290
Offal
thous. of lb._ 695,123 634, 700 621,828 625,958
7,857
8,163
8,016 744, 779 821, 200 692,087 595, 761
49
Operations, percent of total capacity
48
48 j
597, 746 599, 548 659, 717
53
59
51
46
61
Stocks, total, end of month (computed)
5,592
47
46
4,600
4, 950
4,500
4,270 ! 4,200 !
5,400
5,600
thous. of bbL.
48
4,222
3,582
3,864
Held b y mills (quarterly). _thous. of b b L . 4,068
4,400
4,100
4,500
0
l
3,
Revised.
* Brewer's rice not included.
f Dec. 1 estimate
No quotation.
* New series. For earlier data, see p. 20 of the November 1932 issue, rye and barley receipts and rye stocks; and p. 20 of the June 1935 issue, wholesale price of wheat,
No. 1 Dark Northern Spring, Minneapolis. Since the division of no. 2 barley by the Department of Agriculture into straight and malting grades as of July 1,1934, prices
for each grade have been reported separately.
t Data revised. For revisions of wheat flour, production and consumption (Russell's) from July 1931 to December 1932, see p. 19 of the August 1933 issue. For revised
data on exports for 1932 see p. 39 of the June 1933 issue for 1933, p. 20 of the September 1934 issue, and for 1934, p. 19 of the December 1935 issue.
• Represents the visible supply east of the Rocky Mountains as reported by Dun & Bradstreet.
# See footnote on p. 37 of this issue. Data for 1933 also revised, see p. 20 of the October 1934 issue, and for 1934, revisions p. 20 of the December 1935 issue.
44
SURVEY OF CURRENT BUSINESS
Monthly statistics through December 1931,
together with explanatory footnotes and references to the sources of the data, may be found
in the 1932 Annual Supplement to the Survey
1935
1936
March
May 1936
March
April
May
June
July
1936
DecemAugust SeptemOctober November
ber
ber
January
February
FOODSTUFFS AND TOBACCO—Continued
LIVESTOCK AND MEATS
Total meats:
828
Consumption, apparentA
mills, of lb_.
Production (inspected slaughter) A
782
mills, oflb._
Stocks, cold storage, end of month, totalA
913
676
mills, of lb__
67
Miscellaneous meats___
mills, of l b . .
78
Cattle and beef:
Beef and veal:
394, 538
Consumption, apparentA—thous. of lb_.
1,285
1,218
Exportsf
thous. of lb._
Price, wholesale:
Beef, fresh native steers, Chicago
.184
.151
dol. per lb._
Production, inspected slaughterA
374, 848
thous. of lb._
Stocks, cold storage, end of month A
98, 550
thous. of lb._ 79, 381
Cattle and calves:
Movement, primary markets:*
1,470
1,625
Receipts
_
thous. of animals..
« 916
1,046
Slaughter, local
thous. of animals..
Slaughter, inspected. (See Leather
and leather products.)
537
556
Shipments, total
thous. of animals..
192
190
Stocker and feeder.thous. of animals..
Price, wholesale, cattle, corn-fed, Chi12.33
10.31
cago.
__dol. per 100 lb__
Hogs and products:
Hogs:
Movement, primary markets:*
1,622
2,045
Receipts
thous. of animals..
' 1,127
1, 372
Slaughter, local
thous. of animals..
Slaughter, inspected. (See Leather
and leather products.)
« 497
Shipments, t o t a l . . . t h o u s . of animals._
32
33
Stocker and feeder.thous. of animals..
9.29
10.10
Price, heavy, Chicago...dol. per 100 lb_.
Pork, including lard:
377, 014
Consumption, apparentA--thous. of lb—
19, 364
Exports, totalf
.thous. of lb._
10, 635
Lardf
thous. of lb_.
Prices:
.185
.235
Hams, smoked, Chicago.-dol. per l b . .
Lard:
.144
.111
Prime contract, N . Y . . . d o l . per lb._
.118
.148
Refined, Chicago*..
dol. per lb._
Production, inspected slaughter, total A
351,302
thous. of lb-_
55, 640
LardAthous. of I b . .
Stocks, cold storage, end of mo.
thous. of lb._ 527,533 732,280
Fresh and curedA
thous. of l b _ . 450, 431 627,346
LardA
thous. of lb__ 77,102 104,934
Sheep and lambs:
Lamb and mutton:
56,365
Consumption, apparentA--thous. of lb_.
Production, inspected slaughterA
56,179
thous. of l b . .
Stocks, cold storage, end of mo.
3,218
2,469
thous. of l b - .
Movement, primary markets:*
1,803
1,701
Receipts
thous. of animals..
1,023
1,011
Slaughter, local
thous. of animals..
Slaughter, inspected. (See Leather and
leather products.)
784
666
Shipments, total
thous. of animals..
137
66
Stocker and feeder.thous. of animals. .
Prices, wholesale:
4.62
4.13
Ewes, Chicago
dol. per 1001b..
6.63
9.66
Lambs, Chicago
__dol. per 1001b._
Poultry and eggs:
Eggs:
Receipts, 5 markets
thous. of cases..
Stocks, cold storage, end of month:
802
1,508
Case
thous. of cases..
39, 516
45,907
Frozen
thous. of lb
Poultry:
13, 542
Receipts, 5 markets
. . t h o u s . of lb._ 15,098
Stocks, cold storage, end of mo.
83, 713
thous. of lb-_ 69, 482
917
808
871
876
834
1,015
915
933
1,009
844
843
744
780
818
777
992
958
1,023
1,144
847
813
716
57
641
53
540
50
478
50
422
49
402
53
448
63
563
74
405, 041
1,034
425, 522
1,084
380, 687
623
416, 360
988
471,179
1,193
472,160
1,226
546, 724
1,013
473, 218
1,041
464,510
604
»689
70
493, 972
728
426, 553
787
.192
.191
.174
.170
.179
.179
.169
.166
.178
.180
.171
374,311
404,144
366, 834
404, 365
463, 641
465, 982
559, 057
492,498
472,516
484, 406
402,142
77, 559
63, 523
55, 653
49,473
47, 292
48,226
65, 484
91,164
106,210
104, 447
° 86. 928
1,630
1,025
1,636
1,034
1,402
904
1,603
1,053
1,944
1,136
2,257
1,241
2,545
1,351
2,037
1,340
1,809
1,143
1,785
1,158
1,416
942
587
219
596
237
494
150
414
145
792
302
978
441
1,198
629
911
445
650
242
623
462
116
12.55
12.43
11.50
10.90
11.54
11.31
11.41
11.36
12.21
12.11
10.61
1,650
1,138
1,551
1,075
1,301
926
1,336
912
1,278
874
1,220
824
1,652
1,182
1,671
1,149
2,036
1,428
2, 524
1,774
1,817
1,188
506
28
477
26
9.41
375
27
9.49
420
24
9.49
401
31
11.26
390
22
11.41
463
25
10.19
526
24
9.42
606
36
9.51
745
38
9.73
628
26
10.33
415, 462
14, 787
7,193
427, 060
20, 294
9,740
370,858
15,041
6,877
395, 089
13, 413
4,915
341,068
10, 256
3,406
301,338
6,213
1,515
399, 239
7,425
2,731
387,163
14,872
7,932
413,271
12, 832
7,853
450, 560
14, 929
10,117
362,070
11,268
7, 514
.195
.203
.213
.223
.264
.279
.260
.267
.273
.263
. 243
.138
.143
.141
.148
.147
.154
.151
.158
.168
.177
.169
.177
.151
.164
.138
.144
.117
.134
.109
.120 |
.112
.118
363, 631
57, 704
373,924
58, 684
321, 685
49,102
315,612
45, 772
290, 419
41,306
250,608
34,392
363,102
47, 758
409,862
58, 072
495,296
74,009
595, 065 I 390, 346
96, 392 I 66, 464
666,105
564,881
101,224
593,399
503,413
89,986
529,987
445,307
84, 680
438,345
369,910
68,435
378,786
325,249
53,537
322,955
277, 605
45, 350
281,365
240,663
40, 702
291,115
253, 209
37,906
379,495
326,777
52, 718
511,711 | a 530,143
436,042 I "451,418
75, 669 ! a 78, 725
j
61,319
64,862
56,361
59, 874
63,986
60, 255
69,370
54,961
54,837
64,298 I
61, 089
64, 678
55,946
59,653
63,641
59,941
69,983
55, 702
55, 231
64r 140
3,031
2,354
2,376
2,109
1,730
1,376
1,968
2,661
3,025
2,824
2,106
1,223
2,2'51
1,227
1,994
1,037
2,368
1,185
2,577
1,144
2,822
1,109
3,055
1,225
1,732
927
1,588
966
1,862
1,127
1,632
949
1,046
86
891
81
1,169
109
1,434
342
1,660
533
1,860
886
822
335
620
112
732
94
690
59
4.00
6.58
3.69
6.72
3.00
6.72
2.95
8.23
3.09
8.25
3.28
8.95
3.59
9.00
4.11
9.81
4.35
10.80
4.50
10.25
4.34
9.97
1,963
1,503
1,170
856
781
704
641
784
889
811
3,901
59, 313
6,366
84, 680
7,595
107,937
7,947
116, 274
7,373
112, 585
6,353
98,653
4,644
88, 018
2,738
79,035
964
69,546
159
59, 722
14,178
62,486
56,321
21, 433
107,389
103, 833
15,147
18, 615
18, 646
16,765
21, 783
28, 332
61,815
48, 274
47,051
41, 262
34,911
39,720
53,156
55,016
54, 829
a
2, 563
13
46, 367
15,654
85,792
TROPICAL PRODUCTS
Cocoa:
Imports#
long t o n s . .
Price, spot, Accra, N . Y
dol. p e r l b . .
Shipments, Gold Coast and Nigeria
long t o n s . .
28, 549
44, 285
.0500
17, 051
.0491
11,763
.0474
12,332
.0470
18, 229
.0501
21, 593
.0501
12, 587
.0517
19,388
.0510
19, 005
.0501
24,357
.0517
30, 508
.0535
32, 601
.0550
40,114
30,175
22, 657
14,631
12, 796
17,399
14,696
10,820
23, 345
39, 786
54,930
61, 247
59,819
• Revised.
A Government slaughter not included, see p. 44 of the June 1935 issue.
# See footnote on p. 37 of this issue. Data revised for 1933, see p. 20 of the October 1934 issue, for 1934 revisions see p. 20 of the December 1935 issue.
t For revisions of exports for 1932, see p. 40 of the June 1933 issue. For revised data for 1933 on all export data, see p. 20 of the September 1934 issue, for 1934 see p .
19 of the December 1935 issue.
* New series. See p. 18 of January 1934 issue.
• Included animals purchased for Federal Relief Corporation for the months of October 1934-February 1935.
45
SURVEY OF CURRENT BUSINESS
May 1936
Monthly statistics through December 1931,
together with explanatory footnotes and references to the sources of the data, may be found
in the 1932 Annual Supplement to the Surrey
March
1936
1935
1936
March
April
May
June
July
DecemOctober NovemAugust September
ber
ber
January
February
FOODSTUFFS AND TOBACCO—Continued
TROPICAL PRODUCTS-Continued
Coffee:
Clearances from Brazil, total
thous. of bags..
To United States
thous. of bags..
Imports into United States#
thous. of bags..
Price, Rio No. 7, N.Y
dol. perlb..
Receipts at ports, Brazil _ ..thous. of bags..
Stocks, world total, incl., interior of Brazil
thous. of bags..
Visible supply, total excl. interior of
Brazil..
-thous. of bags..
United States
_thous. of bags..
Sugar:
Raw sugar:
Cuba:
Stocks, total, end of month
thous. of long tons..
United States:
Meltings, 8 portsf
long tons..
Price, wholesale, 96° centrifugal, New
York
dol. per lb..
Receipts:
From Hawaii and Puerto Rico
long tons..
Importsf#
long tons..
Stocks at refineries, end of mo.f
long tons..
Refined sugar:
Exports, including maplet long tons..
Price, retail, gran., N. Y
dol. per lb_.
Price, wholesale, gran., N. Y.dol. per lb_.
Receipts:
From Hawaii and Puerto Rico*
long tons..
Imports:
Cuba* A
long tons..
Philippine Islands*.
long tons..
Shipments, 2 portsf
long tons..
Stocks, end of month, 2 portsf.long tons..
Tea:
Imports#
thous. of lb..
Price, wholesale, Formosa,fine,N. Y.
dol. per lb..
MISCELLANEOUS PRODUCTS
Candy sales by manufacturers_thous. of dol_.
Fish:
Landings, fresh fish, principal ports
thous. of lb_.
Salmon, canned, shipments
cases..
Stocks, total, cold storage, 15th of month
thous. of lb..
TOBACCO
Leaf:
Exportsf
.thous. of lb_.
Imports, unmanufactured^..thous. of lb_.
Production, crop estimate thous. of lb_.
Stocks, total, including imported types
(quarterly)
mills, oflb..
Flue-cured,fire-cured,and air-cured
mills, oflb..
Cigar types
mills, oflb..
Manufactured products:
Consumption (tax-paid withdrawals):
Small cigarettes
millions..
Large cigars
thousands..
Manufactured tobacco and siiufE
thous. oflb..
Exports, cigarettes
Prices, wholesale:
Cigarettes..
Cigars
1,201
692
1,006
610
1,138
612
1,390
687
1,316
734
1,450
.065
1,444
1,201
.076
1,514
1,061
.071
1,344
991
.071
1, 509
1,298
637
1,466
1,651
971
.069
1,440
1,308
728
1,114
.066
1,343
943
.064
1,379
1,130
.066
1,431
1,237
.068
1,651
1,420
779
1,086
.066
1,472
1,474
824
1, 563
954
1,299
.065
1,539
1,248
.066
1,409
0)
0)
(0
0)
0)
7,794
941
7,669
817
7,844
7,832
832
7, S46
1,010
755
1.108
25,060
24, 722
24,032
22, 930
23, 204
24, 716
27, 204
8,116
1,056
6,915
769
7,153
715
7,374
655
7,540
672
7,670
7,749
790
7,653
863
1,991
2,317
2,465
2,230
1,993
1,589
1,158
1,076
979
912
775
419, 096 327,724
340,929
436, 500
323,013
414,436
331, 240 301,969
313,903
240,378
241,580
.033
.033
.033
.033
.031
181,898 168, 519 125,811
205, 251 242,346 225,913
.036
197,386
279,852
.030
1,360
854
1, 575
.068
1,496
.033
.035
.036
.035
163,091
210, 218
117,378 120,832
326, 736 511,025
116,556
117,163
73,641
82,044
69,960
54,844
512, 518 370, 639 310,543
240, 659 492,247
567,039
509,028
504,813
536, 236 571,925
4,391
.053
.048
7,932
.051
.043
4,209
.052
.049
3,187
.053
.052
5,681
.053
.052
.055
.051
12,450
.055
.050
13,369
.056
.051
14,485
.056
.052
10,308
.057
.052
321, 986 331,296
.033
.034
67, 731 90, 223 144,017
38,864 246. 005 315, 164
211,023 178,176 228, 493
4,375
.056
.052
4, 867
.053
.052
1,895
. 053
.052
14,213
13,158
12,806
15,028
16, 260
12,099
6,472
6,381
1,534
1,402
225
5,506
15, 021
42, 877
9,371
15, 263
729
50, 515
16,026
45,164
4,816
59,109
11,839
24,586
5,875
56,190
13,857
10,361
6,857
50,368
14, 603
7,666
0
46,853
9,754
8
0
40, 943
9,951
2,298
0
34,026
15,842
636
693
30,636
9,352
26, 987
0
57, 640
13, 340
28, 707
2,902
58, 820
13, 203
8,159
8,401
6,049
5,999
5,499
8,457
9,326
7,867
8,378
6,067
5,915
.275
.275
.275
.275
27,842 101,105
6,555
0
58, 606 50,451
13, 742
13,346
6,521
5,830
.275
.275
.275
.275
.275
.275
.275
.275
21, 753
20,419
19,637
14,434
11,191
27,886
26,187
27,030
26,170
22, 584
23,192
37, 369 44, 343 41, 588
676,996 309, 459 203,609
38, 378
368,097
. 275
22,123
39,029
13,877
4,553
35, 213
22,068
21, 691
35,905
31,897
4,643
17,937
5,700
17, 386
4,044
12,452
6,623
16,910
41, 769 38,445
42, 793 33,368
42,811
26,437
407, 363 732, 630 950, 789 462, 745 471,448 359,188
48,157
59,443
66, 527 70,079
76, 332 74,845
14, 782
5,250
22,644
52, 671
4,943
60, 488
8,470
67, 793
4,843
42,060
3,781
(/)
1,283,742
2,348
2,163
2,200
2,367
1,866
387
1,701
1,772
1, 945
343
10, 200
351, 694
10, 697 11, 709 12,120
373, 673 407, 731 402, 272
13,138
432,159
11, 975 10, 774 12, 711
422, 282 430, 959 524, 399
30, 315 27,970
thousands.. 351,679 323, 732
27, 689 30, 603 27, 879
261, 677 382, 815 308, 500
29,066
304, 549
30, 212 28,984
31,916 J 26,687
23,096
307, 484 297, 240 324,298 | 393,886
337,227
5.380
5.380
5.380
5.380
5.380
45. 996 45. 996 45. 996 45. 996 45,996
11,193
377,167
dol. per 1,000.. 5, 380
dol. per 1,000.. 45. 996
5.380
46. 820
374
5.380
46. 041
5. 380
46. 041
348
5.380 ! 5.380
46.041 I 46.005
20,120
20,016
490, 638 436, 976
64, 031
45, 079
41,929
8,430
35,137
5, 726
10, 801
9.841
12,725
10, 76^
457, 299 312, 974 336, 579 356, 624
27, 919
i 29,490
| 385,525 320,394
5. 380
I 5,380
45. 99G
i 45.996
FUELS AND BYPRODUCTS
COAL
Anthracite:
Exports
thous. of long tons_.
Prices:
Retail, composite, chestnut!
dol. per short t o n . .
Wholesale, composite, chestnutX
dol. per short t o n . .
Productionf
thous. of short tons..
Shipmentst--..thous. of short t o n s . .
84
121
188
13.01
12.47
11.70
11.63
11.86
12.07
9.716
3,082
2,555
*9. 261
4,806
4,168
*8. 942
4,919
4,347
»9,052
5,642
4,879
9. 245
3,536
3,032
9.436
2,591
2,393
9.657
4,172
3,587
a
Revised.
i Data not available.
/ Dec. 1 estimate.
fRevised series. For revisions refer to the indicated pages of the monthly issues, as follows: Exports of tobacco for 1932, p. 42, June 1933, data revised for 1933, see
p. 20 of the September 1934 issue. For 1934 revisions see p . 19 of the December 1935 issue. 1932 final revision of anthracite production, p. 42, January 1934. Anthracite
shipments for 1932, p. 42, December 1933. For revised data for 1932 on sugar meltings and stocks, see p. 41 of the M a y 1933 issue. For 1932 revisions of sugar imports and
exports see p . 41 of the June 1933 issue. For revisions of exports in 1933, see p. 20 of the September 1934 issue. Revised data on shipments and stocks of refined sugar at
2 ports (for period January 1925-April 1935) are shown on p. 18 of the October 1935 issue. The change resulted from a reduction in the number of reporting refineries.
#See footnote on p . 37 of this issue. Data revised for 1933, see p. 20 of the October 1934 issue. For 1934 revisions, see p. 20 of the December 1935 issue.
t Price converted to short-ton basis. Data on a short-ton basis prior to April 1931 were not published. Earlier monthly data were reported on a long-ton basis.
A
Note major correction in data on imports of refined sugar from Cuba, June-November 1934, were shown in the February 1935 issue.
*New series. For earlier data, see p. 20 of the August 1934 issue, for receipts of refined sugar from Hawaii and Puerto Rico and imports from Cuba. Data prior to
M a y 1934 on imports of refined sugar from the Philippine Islands are not available.
^Monthly retail price of coal was discontinued with the month of August 1935. Subsequent to that month the price will be shown quarterly.
46
Monthly statistics through December, 1931,
together with explanatory footnotes and references to the sources of the data, may be found
in the 1932 Annual Supplement to the Survey
SURVEY OF CURRENT BUSINESS
1935
1936
March
March
April
May-
June
July
May 1936
1936
Decem- January FebruOctober NovemAugust September
ber
ary
ber
FUELS AND BYPRODUCTS—Continued
COAL—Continued
Anthracite—Continued.
Stocks in storage: *
1,462
774
456
1,758
705
970
Total
thous. of short tons..
Stocks, in yards of dealers, end of month
64
62
54
31
24
72
60
35
23
27
44
no. of days' supply36
Bituminous:
Consumption:
4,539
4,649
5,042
4,134
4,381
4,171
3,765
4,862
4,086
4,764
3,860
Coke plants
thous. of short tons..
4,990
Electric power plantst
° 2,803
3,032
° 2, 634 « 2, 536 « 2, 578
° 3, 039
« 2, 961 « 3, 437 a 3,143
3,391
3,453
» 3, 367
2,608
thous. of short tons..
5,231
4,789
5,449
4,329
5,389
4,575
5,708
4,822
4,706
4,535
Railroads
thous. of short tons
128
161
91
99
156
79
132
144
161
101
87
95
Vessels, bunker
thous. of long tons..
804
308
902
1,080
457
772
323
321
Exports
thous. of long tons..
789
983
356
955
Price, retail composite, 38 cities 1
8.12
8.24
8.58
8.11
dol. per short ton
8.12
8.41
8.39
8.05
Prices, wholesale:
4.336
4.347
4.233
4.237
4.337
4. 359
<* 4.186 ° 4. 228
4.320
Composite, mine run.dol. per short ton..
4.252 !
4.324
4.180
4.234
Prepared sizes (composite)
a
4. 612
4.451
4.314
4.336
4.508
4.446
4.281
4.528
4. 547
4. 683
4. 290
4.294
• 4. 322
dol. per short ton..
37, 768
25, 038
33, 404
22,339
41, 375
26,164
39, 330
30,117
26,849
Productiont
thous. of short tons.. 31, 233 38, 701 21, 970
35, 388
Stocks, consumers, and retail dealers, end
39,911
39, 553
40,772 I 40, 378
40,904
33,052 » 29, 542
37,017
41,127
38, 543
36, 249
35, 541
of month
thous. of short tons.. 28,083
COKE
54
58
32
24
70 j
62
44
54
43 i
69
23
50
Exports
thous. of long tons..
18
Price, furnace, Connellsville
3.64
3.61
3.37 !
3.58
3.70
3.33
3.54
3.33
3.58
3.60
3.58 I
3.60
dol. per short ton..
Production:
90
101
46
56
121
109
101
56
142 I
57
61
153
67
Beehive!
thous. of short tons..
3,116
2,778
2,836
3, 309 I 3, 141
Byproduct!-thous. of short tons..
3, 052
2,566
3,368
2,793
2,600
2,670
3,257
2,911
131
108
120 i
123
108
Petroleum
thous. of short tons
119
140
106
132
135
120
119
!
Stocks, end of month:
3,026
2,975 |
2,110 i
1,444
2,995
3,192
3,130
2,780
1,274
2,961
3,019
2,791
2,787
Byproduct plants
thous. of short tons..
441
454
427
334
389
360
!
424
367
416
397
Petroleum, refinery.-thous. of short tons..
458
PETROLEUM AND PRODUCTS
Crude petroleum:
85,132
83,180
84,992
84,903
84,584
83, 347
81, 523
85, 776
Consumption (run to stills)-thous. of bbl.
76, 630
80, 412
81, 724
75, 066
2,128
3,161
2.183
3,000
3,110
2,870
2,815
2, 758
2,256
3,160
2,937
3,227
2,651
Imports*
thous. of bbl.
.940
.940
.940
.940
1.040
1.015
.940
.940
1.040
.940
.940
.940
Price, Kansas-Oklahoma
dol. per bbl__
.940
88, 711
84,816
84,109
86,476
82, 120
88, 820
85,485
88,160
82,454
82, 338
81, 488
78, 427
Production!!
thous. of bbl..
73
74
74
73
76
74
74
73
70
74
Refinery operations
pet. of capacity
Stocks, end of month:
California:
Heavy crude and fuel oil§
59,388
60,075
58,518
62,802
58,498
58, 243
61, 227
63, 536
59, 714
58,928
57, 894
thous. of bbl
58,818
35, 591
37,646
34,981
40, 640
32, 662
33, 494
40, 275
38,944
36, 872
33,233
33, 282
35, 377
Light crude§—
-thous. of bbl._
274,
568
270,906
278,643
265,195
289,
703
284,471
263,
436
298,
240
294,
314
268,781
295,
351
297,380
East of California, total!§.thous. of bbl..
51,751
50,495 » 49,089
53, 710
56, 081
56,055
47, 686
57,584
48, 789
59,909
57,651
59,343
Refineries!!
thous of bbl._
Tank farms and pipe lines !§
thous. of bbl..
237,700 238,037 238,331 236, 730 233,622 228,416 224,933 222,817 220,411 *219,692 216, 406 215, 750
1,304
1,433
1,218
1,348
1,149
1,428
1,385
Wells completed!§
number1,209
1,248
1,467
Refined products:
Gas and fuel oils:
Consumption:
a
a
Electric power plants!.-thous. of bbl._
• 1,102
° 1,093
1,166
1,132
1,123
978
«935
849
° 1,016
«1,044
°822
°759
°856
3,898
3,682
3,773
3,300
3,381
3,366
3,390
3,365
3,441
3,241
Railroads.
thous. of bbl..
2,740
2,329
2,762
2,560
2,400
2,666
2,402
2,621
2,590
2,690
Vessels, bunker
thous. of bbl.. '~3,~605
2,496
2,698
Price, fuel oil, Oklahoma, 24-26 refineries
.713
.740
.700
.765
.750
.725
.756
.800
.750
.769
.775
.800
dol. per bbl._
.750
Production:
23,278
22,652
20,210
24,
573
21,495
19,328
21,311
20,267
23,
751
21,232
25,005
20,453
Residual fuel oil*!§
thous. of bbl_.
Gas, oil and distillate fuels* !§
8,598
8,885
9,068
8,709
9,885
7,183
8,198
8,205
11,125
8,129
10, 587
8,678
thous. of bbl..
Stocks:
Residual fuel oil, east of California*!!
25, 509
27,351
26, 265
26,909
22,827
23,614
27,179
22,677
23,884
25,548
20, 281
18,027
thous. of bbl..
Gas, oil and distillate fuels, total* §
23,263
22,915
24, 272
24, 299
23,860
15, 322
19,930
16, 052
16, 232
20, 232
thous. of bbl..
17, 418
17,365
Gasoline:
41,401
41, 203
35,956
37,862
32, 553
42,836
33, 734
37,884
27, 401
31,997
36,076
39, 089
Consumption!!
thous. of bbl..
2,760
2,195
1,404
2,759
2,453
2,678
2,946
2,729
2,081
1,330
1, 435
Exports*...
_
thous. of bbl..
1,848
2,308
Exports, value. (See Foreign trade.)
Price, wholesale:
.173
.173
.173
.173
.165
.166
.154
.120
.138
.165
.166
.162
Drums, delivered, N. Y..dol. per gal..
.163
.056
.056
.056
.056
.056
.056
.051
.053
.056
.060
.060
.046
.061
Refinery, Oklahoma
dol. per gal..
Price, retail, service station, 50 cities
.141
.137
.134
.135
.138
.137
.139
.140
.133
.136
dol. per g a l Production:
3,202
3,132
3,574
3,598
3,064
3,134
At natural gas plants!!-thous. of bbl..
3,654
3,653
3,223
3,056
3,085
3, 196
40, 260
40,667
41,956
39, 544
39,817
40,667
35, 314
34, 728
37,176
37, 583
At refineries!!
thous. of bbl..
40, 488
38,180
Retail distribution (41 States)!
1,243
1,174
1,204
1, 258
1,093
1,043
1,145
1,007
973
970
1,113
mills, of gal...
Stocks, end of month:
2,442
3,027
2,975
2,760
1,945
2,050
2,745
At natural gas plants§..-thous. of bbl__
2,579
1,645 !
1, 743
1,833
1,778
28,043
At refineries!!
thous. of bbl..
30,550 ! 26,549
27,166
32, 499
31, 328 I 36,158 ] 44, 612
40, 220
34, 725
27, 280
37,867
•b Revised.
Figures revised to reflect transfers between pipe line and refinery stocks beginning December 1935.
! Revised series. For revisions refer to the indicated pages of the monthly issues, as follows: Consumption of bituminous coal by electric power plants for 1932, p. 42
May 1933; for 1933, p. 42, May 1934. Data also revised for 1934 and 1935. Revisions not shown on p. 43 of the June 1935 issue and this issue will appear in a subsequent
issue. Bituminous coal production for 1932, p. 42, January 1934. Bituminous coal production revised for 1933 and 1934. Revisions not shown in the May 1935 issue wil
appear in a subsequent issue. For 1935 revisions see p. 46 of the March 1936 issue. Beehive and byproducts coke for 1932, p. 43 of December 1933 issue, and for 1933 revisions
see p. 43, July 1934. Data for .1934 also revised; revisions not shown in the July 1935 issue will appear in a subsequent issue. Crude petroleum production, stocks, east o
California (total), at refineries and at tank farms and pipe lines, and wells completed, for 1932. See footnote on p. 56, November 1933. Consumption of gas and fuel oils in
electric power plants for 1932, p. 43, May 1933; for 1933 revisions, p. 43, May 1934. Data also revised for 1934. Revisions for months not shown for 1934 on p. 44 of the June
1935 issue will appear in a subsequent issue. Data revised for 1935. Revisions not shown above are January 911, and February 801. Production of residual fuel oils and gas
oil and distillate fuels, stocks of residual fuel oil east of California, consumption of gasoline, production of gasoline at natural-gas plants and refineries, stocks of gasoline at
refineries for 1932, p. 56, November 1933; retail distribution of gasoline in 41 States for 1932, p. 43, May 1933; for 1933, p. 43, May 1934.
# See footnote on p. 37 of this issue. Imports also revised for 1933, see p. 20 of the October 1934 issue; for 1934 revisions see p. 20 of the December 1935 issue.
§ Data revised for 1933. See p. 20 of the January 1935 issue. For 1934 see p. 20 of the October 1935 issue.
• Data revised for 1933, see p. 20 of the September 1934 issue; for 1934 revisions see p. 19 of the December 1935 issue.
* New series. For earlier data see p. 20 of the February 1933 issue, production and stocks of residual fuel oil and gas oil and distillate fuels.
1 Monthly retail price of coal was discontinued with the month of August 1935. Subsequent to that month the price will be shown quarterly.
A. Beginning with August 1934 certain anthracite stocks were included which had not been covered in previous reports.
47
SURVEY OF CURRENT BUSINESS
May 1936
Monthly statistics through December 1931,
together with explanatory footnotes and references to the sources of the data, may be found
in the 1932 Annual Supplement to the Survey
1930
March
1935
March
April
May
June
July
1936
August
ber
October November
ber
January
February
FUELS AND BYPRODUCTS—Continued
PETROLEUM AND PRODUCTS—
Continued
Refined products—Continued.
Kerosene:
Consumptionf§
thous. of bbl__
Exports
thous. of bbl_.
Price, 150° water white, refinery, Pa.
dol. per gal_.
Production§
thous. of bbl—
Stocks, end of month§
thous. of bbl__
Lubricating oil:
Consumptionf§
thous. of bbl._
Price, cylinder oil, refinery, Pa.
dol. per gal..
Production§
thous. of bbl—
Stocks, refinery, end of month §
thous. of bbl_Other products:
Asphalt:
Imports#
thous. of short tons..
Productionf§
thous. of short tons__
Stocks, refinery, end of month
thous. of short tons..
Coke. (See Coke.)
Wax:
Production
thous. of lb—
Stocks, refinery, end of mo§
thous. of lb__
435
.055
4,520
370
4,724
585
5,081
497
5,569
473
4,785
455
049
4, 498
9, 238
.049
4,978
9,318
.049
4,878
8,879
.050
4,624
7,915
.051
4,761
6, 599
.055
4,445
5,784
1,667
1.697
1,820 ,
1,576
1,433
1, 396
1,520
.120
2,399
.120
2, 357
.120
2,463
.120
2,453
.120
2,484
. 120
2, 309
. 126
2, 204
6,517
6,649
6,607 I 6,612
6,857
7,025
7, 127
7,385
1
179
3,959
538
3,751
498
3, 545
496
2,768
614
2,885
456
3,631
519 ;
3,892
.050
5,215
6,834
.050
4,325
6,886
.050
4,474
7,295
.050
4,417
8,310
.050
4,212
9,169
.048
4,390
9,398
1,617
1,802
1,919
1, 558
1, 655
. 120
2,247
. 120
2, 213
6, 855
.113
2, 392
750 I
.110
2,251
.110
2,309
7,277
7,026
182
1
251
0
308
2
350
2
352
380
343
6
351
12
248
3
203
1
198
409
411
424
435
405
363
354
341
377
405
461
37, 240
43,120
41,160
31,360
32, 480
35, 000
36,400
39, 200
41, 720
40, 320
44, 800
36. 120
141,809
144,153
145,982
141, 506
138, 941
136, 646
131, 560
124, 557
120, 398
114, 675
118,636
118,312
LEATHER AND PRODUCTS
HIDES AND SKINS
Imports, total hides and skinst#-thous. of lb_.
Calf and kip skins
thous. of lb_.
Cattle hides
thous. of lb_.
Goatskins}
__thous. of lb_.
Sheep and lamb skins..
thous. of lb..
Livestock, inspected slaughter:
CalvesA
thous. of animals..
CattleA-thous. of animals..
Hogs...
.thous. of animals..
SheepA
thous. of animals..
Prices, wholesale:
Packers, heavy native steers, Chicago
dol. per lb_.
Calfskins, no. 1 country, Chicago
dol. per lb..
Exports:
FATHER
I
I
28,963
1,354
13,063
8,506
4,668
483
763
2,617
1, 374
.130
.181
24, 705
1,429
11,801
6,480
3,440
24,736
1,140
12,815
6,132
3,160
27,003
1,810
12, 275
6,056
4,643
25,107
2,942
10, 203
7, 277
3,348
33,178
2,164
16, 329
8,211
4,470
28, 357
1,931
11,907
7,950
3,576
25, 056
2,225
11,712
6,133
3,146
27, 786
2,236
12, 670
5,574
5,827
25,373
1,960
11,631
6,299
2,685
27,152
2,291
11,153
6,492
3,872
28. 264
2, 390
12. 768
6.042
3,499
26, 255
2, 035
13. 498
5, 573
3, 265
473
691
2,158
1,374
511
683
2,177
1,483
508
735
2,172
1,584
439
669
1,828
1,421
464
745
1,712
1,546
472
875
1,668
1,665
458
886
1,453
1,549
531
1,083
2,135
1,765
480
956
2,422
1,407
481
892
2,874
1,369
405
906
3,428
1, 540
405
742
2, 319
1, 314
.104
.113
.123
.124
.130
.132
.143
.154
.157
.148
.112
.118
.153
.156
.146
.138
.158
.176
.181
. 146
. 180
226
510
333
210
310
242
382
430
443
146
213
448
187
Sole leather
thous. of lb..
5,121
5,234
5,522
8,563
6,035
3,603
7,094
6,040
4,595
5,798
Upper leather!*...
...thous. of sq. ft..
8,571
5,044
5/284
Production:
1,092
1,195
1,051
1,000
1,321
1,227
1,156
1,316
1,399
1,253
1,095
1,088
Calf and kip*
thous. of skins..
1,924
1,943
1,957
1,858
1,829
1,815
1,865
1,659
1,722
1,723
2,062
1,794
Cattle hides*f
thous. of hides..
4,393
4,168
4,126
3,739
4,091
4,184
3,970
3,587
4,061
4,562
3,993
4,038
Goat and kid*J
thous. of skins..
3,153
3,138
3,144
3,628
3,099
3,474
2,850
2,802
3,039
4,111
2,982
3,061
Sheep and lamb*fj
thous. of skins-.
Prices, wholesale:
Sole, oak, scoured backs (Boston)
.39
.39
.34
.36
.32
.37
.35
.35
.37
.39
.37
.30
.35
dol. per lb_.
Upper, composite, chrome, calf, black,
.382
.382
.362
" B " grade
dol. persq. ft..
.342
.354
.378
.320
.320
.373
.361
.380
Stocks of cattle hides and leathers (all kinds)
end of month:
18, 077 17,735
Total*1__..thous. of equiv. hides..
17,789
18,209
18,203
18,044
17,844
18,008
17, 764 17,851
18,152
17, 848
In process and finished*
11,377
11,487
11,33,0 11, 273 11,402
11,188
11, 576 11, 350
11,447
11,516
11,419
thous. of equiv. hides..
11, 381
6,700
6,213
6,762
6,463
6,434
6,606
6,687
6,557
6,547
6, 498
6,733
Raw*^
thous. of equiv. hides..
6,578
LEATHER MANUFACTURES
Gloves and mittens:
Production (cut), total*
dozen pairs..
194,886 187, 746 201, 204 194, 270 194, 951 271,909 255, 792 286,857 253, 795 163,467 1147,776 183,485
94, 725 182,884 109,573
Dress and semidress*
dozen pairs..
114,880 103,353 112, 955 114,037 108, 360 147, 926 142,230 178,372 168,487
Work*
.dozen pairs84,393
113, 562 108,485 85, 308 68, 742 i 64,892 173,912
80,006
88,249
80, 233
86, 591
Shoes:
82
Exports
-thous. of pairs..
82
92
69
79
68
73
106
65
188
43
101
Prices, wholesale:
Men's black calf blucher,
Boston
dol. per pair..
5.50
5.50
5.50
5.50
5.50
5.50
5.50
5.50
5.50 j 5.50
5.50
5.50
5.50
Men's black calf oxford, lace,
4.21
St. Louis
dol. perpair..
4.15
4.15
4.15
4.15
4.25
4.50
4.25
4.31
4.35
4.44
4.50
4.50
Women's colored blucher (St. Louis),
average*...
dol. per pair..
3,00
3.00
3.00
3.04
3.00
3.10
3.15
3.10
3.10 j 3.10
3.13
3.15
3.15
1
Data for 234 manufacturers not available for these months. Figures shown are computed by means of the month-to-month percentage change indicated by the current
Census Bureau report for 228 identical concerns.
1 Raw stocks in all hands as shown above include all hides from Government animals slaughtered under Federal inspection. Hides from cattle allotted to State relief
agencies and which were not killed under Federal inspection are not included unless they have already moved into sight. It is obvious, therefore, that a quantity of hides
from noninspected slaughter held by State Relief Agencies constitutes an invisible addition to the visible supplies shown above.
X Data on production of sheep and lamb and goat and kid leathers from 1927-34 have been revised. For revisions not shown on p. 44 of the April 1935 issue see p. 19
of the June 1935 issue.
* Government relief slaughter included for the period June 1934-February 1935. See p. 44 of the June 1935 issue for the figures, excluding relief slaughter. For sheep
and lambs, relief slaughter only affected the data for the months of September to December 1934.
§ Data revised for 1933. See p. 20 of the January 1935 issue. For 1934 see p. 20 of the October 1935 issue.
* See footnote on p. 37 of this issue. Imports revised for 1933, see p. 20 of the October 1934 issue, for 1934 revisions see p. 20 of the December 1935 issue.
* New series: For earlier data refer to the indicated pages of the monthly issues. Leather production, p. 19, June 1933; leather stocks, p. 19, January 1935. New series
on gloves and mittens cover 234 identical manufactures as reported to the U. S. Department of Commerce, Bureau of the Census. Data*prior to July 1934 are not available. These data are not comparable with data through January 1934 previously shown. New series on wholesale price of women's shoes began January 1934. Data not
shown above will appear in a subsequent issue.
t Revised series. For earlier data refer to the indicated pages of the monthly issues. Production of cattle, sheep, and lamb leather for 1932 and 1933, p. 44, April 1934.
Production of cattle hides revised for 1935, p. 47 of the April 1936 issue. Imports of total hides and skins for 1932, exports of upper leather for 1932, p. 43, June 1933. Production of asphalt for 1932 and consumption of kerosene and lubricating oil, for 1932, see p. 56 of the November 1933 issue.
» Data revised for 1933. See p. 20 of the September 1934 issue; for 1934 revisions see p. 19 of the December 1935 issue.
48
SURVEY OF CURRENT BUSINESS
Monthly statistics through December 1931,
;ogether with explanatory footnotes and references to the sources of the data, may be found
in the 1932 Annual Supplement to the Survey
1935
1936
March
May 1936
March
April
May
June
July
1936
Decem- January FebruAugust Septem- October November
ber
ary
LEATHER AND PRODUCTS—Continued
LEATHER MANUFACTURES-Cont.
Shoes—Continued.
Production, totalf
thous. of pairs.. 33, 596
8,213
Men'sf
thous. of pairs—
1,264
Boys' and youths't
thous. of pairs..
14,164
Women'sf
thous. of pairs..
Misses' and children'sf-.thous. of pairs— 3,225
2,502
Slippers, all typest
thous. of pairs4,228
All other footwearf
thous. of pairs..
34,228
8,190
1,387
14,471
3,313
2, 562
4, 306
34,564
8,063
1,379
13,993
3,688
2,776
4,666
31,258
8,163
1,519
11,205
3,197
2,985
4,189
27,234
7,819
1,569
8,857
2,794
2,717
3,477
32,274
7,926
1,726
13,281
2,956
3,291
3,093
37,243
9,132
1,702
15,925
3,361
4,088
3,035
4,857
2,887
35,948
9,918
1,721
11,813
3,186
6,124
3,185
27,715
8,161
1,330
7,034
2,673
5,570
2,947
28,949
8,440
1,354
9,794
2,869
3,277
3,214
32, 420 ' a32,142
9,043
8,313
1,267
1,130
13, 436 ' 13,843
3, 292
3,007
1,633 a 2,140
3,749 °3,709
83, 150 I 66, 073
33,909
8,391
1,502
13,275
LUMBER AND MANUFACTURES
LUMBER—ALL TYPES
Exports (boards, planks, and scantlings)* •
M ft. b. m_. 90,328 101,200
National Lumber Mfgrs. Assn.: A ^
1, 247
1,587
Production, total
mill. ft. b. m . .
270
244
Hardwoods
mill. ft. b. m_.
977
Softwoods
mill. ft. b. m_. 1,343
1,361
Shipments, total
mill. ft. b. m_. 1,688
255
281
Hardwoods
mill. ft. b. m..
1,106
Softwoods
-mill. ft. b. m_. 1,407
Stocks, gross, end of month total:
7, 425
mill. ft. b. m_. 6,998
2,100
1.843
Hardwoods
mill. ft. b. m-.
5,155
5,325
Softwoods
..mill. ft. b. m..
Retail movement:
Retail yards, Ninth Fed. Res. Dist.:
4,229
3, 340
Sales
M ft. b. m .
Stocks, end of month
M ft. b. m_. 81,490 66, 738
Retail yards, Tenth Fed. Res. Dist.:
3,752
2,317
Sales
M ft. b. m .
32, 396 26,082
Stocks, end of month
M ft. b. m .
89,276 I 67,627
61,883
59, 893
73, 012
81, 752
77, 810
83, 258
89, 265
1,382
280
1,102
1,521
290
1,231
1,374
290
1,084
1,681
285
1,396
1,359
285
1,074
1,415
290
1,125
1,636
278
1,358
1,614
288
1,326
1,806
289
1,517
1,761
280
1,481
1,750
293
1,457
1,643
259
1,384
1,971
302
1, 669
1,782
270
1,512
1,620
273
1,347
1,489
262
1,227
1,422
207
1,215
1,331
220
1,111
1,490
229
1,261
1,569
238
1,331
1,353
315
1, 138
1,467
238
1,229
7,276
2,080
5,196
6,946
2,062
4,884
6,863
2,030
4,833
6,875
2,010
4,865
6,891
1,990
4,901
6,967
1,993
4,974
7,121
1,943
5,178
7,235
1,935
5,300
7,273
°1,915
a
5,358
7,203
1,905
5,298
7,103
1,882
5,221
5, 776
67, 415
8,180
69,405
10, 629
67,104
10,636
67,160
11, 567
69,817
9,787
69,793
14f 125
64,942
8,676
63,137
4,594
61, 365
3,677
70, 834
2,517
26,619
2,883
26,788
2,701
26,991
3,741
27,569
3,257
27, 773
2,882
27,902
3,354
28,164
3,061
27, 708
2,415
28,637
2,884
29,794
2.374
77, 713
2,168
32,069
a
Flooring
Maple, beech, and birch:
Orders:
New
.M ft. b. m .
Unfilled, end of month
M ft. b. m .
Production
M ft. b. m .
Shipments
_M ft. b. m_
Stocks, end of month
M ft. b. m .
Oak:
Orders:
New
—-M ft. b. m .
Unfilled, end of month
M ft. b. m .
Production
-M ft. b. m .
Shipments
M ft. b. m .
Stocks, end of month
M ft. b. m_
10,138
16, 456
4,462
5,324
20, 645
2,886
5,151
3,894
2,929
22, 766
3,634
5,195
3,942
4,148
22,301
4,307
5,112
3,342
4,410
21,313
4,311
5,388
4,347
4,692
21,043
5,706
6,045
4,200
5,114
20, 295
4,278
5,498
4,315
5,037
18,214
3,917
4,989
4,276
4,035
19, 638
4,634
4,763
5,584
4,891
20,497
4,514
4,683
5,109
4,609
21,023
5,768
6,444
4,279
3,997
21,878
6,980
9,368
4,263
3,879
21, 209
5,989
11,303
4,123
3,936
21, 077
19,381
43, 793
27, 607
28, 479
58, 683
15,889
10,237
10,245
14, 606
57,061
13,947
10,638
11,698
14, 438
53,959
21,991
14,422
15,078
18,306
50,392
18, 622
15,304
18,108
17, 732
50,639
15, 466
12,423
20, 606
18, 374
52, 644
16,456
11,004
17, 642
17,864
52,408
19,459
13,065
19, 467
17, 402
54,475
24,383
14,347
21, 642
23,475
52,843
25,125
19, 925
20,823
19,547
54,119
25,064
25, 492
24, 203
19,497
f<8,825
30, 204
35, 301
22, 783
20,395
61, 365
40, 675
52, 892
21,831
23, 081
60,115
15, 568
20,834
26,952
22, 677
14,548
20, 227
17, 577
26,139
21,931
24,199
23, 456
19, 542
19, 455
16.00
0)
Softwoods
Fir, Douglas:
Exports:f
4,862
23,498 40,708
38, 663
14, 607
2,517
Lumber^
M ft. b. m
12,985
18, 592 15, 623
14, 346
8,615
577
Timber
M ft. b. m
Orders:
Newc?
M ft. b. m
Unfilled, end of m o n t h s
M ft. b. m_.
Price, wholesale:
16.00
16.00
16.00
16.00
16.00
No. 1 common
dol. per M ft. b. m__
Flooring, 1 x 4 , " B " and better v. g.*
dol. per M ft. b. m_Productionc?1
M ft. b. m__
Shipments^
M ft. b. m__
Pine, northern:
5,818
6,912
4, 510
13, 355 10,898
Orders, new
M ft. b. r e - 7, 722
5,511
8,738
22,178
528
2,004
10,169
production
M ft. b. m__
12,103
6, 355
5,638
7,174
13,489
Shipments
M ft. b. m._ 9,463
Pine, southern:
Exports:
26, 739 23, 233
21, 311 19,715
21,169
Lumber§
M ft. b. m__ 28,913
8,243
8,330
8, 324
Timber§
M ft. b. m_. 6,184
4, 937
6,367
Orders:
New
M ft. b. m—| 105, S5G 110, 449 117, 256 166, 280 116.592 127, 556
62, 968 70, 774 53, 6S3 62. 093
55,898
Unfilled, end of month
M ft. b. m__j 95,191
34.94
37.43
34. 55
35.38
37. 65
Price, flooring
dol. per M ft. b. m__i 36. 78
Production
M ft. b. m._! 148, 226 103,471 106,911 106,838 109, 805 130,515
Shipments
.
M ft. b. m . . | 160,755 110, 283 112, 480 143, 349 129, 264 137, 051
Redwood, California:!
j
Orders:
i
24 623
32, 649 26, 578 35, 521 38,045
New
M ft. b. m.
23, 704
41,035
40, 142
33 721
42, 619 27, 717 33,414
Unfilled
M ft. b. m.
27 939
22, 697 25, 342 26, 326
36,945
25, 675
Production
M ft. b. m.
33,984
28, 328 29,269
24, 548
30,925
30,353
Shipments
M ft. b. m.
0)
0)
0)
0)
0)
43.00
43.00
43.33
45.00
46.00
9,239
1,803
9,322
8,220
265
6,535
9,942
779
8,219
7,350
392
S, 215
24,999
5,713
27, 083
10, 492
21, 983
7, 072
18, 506
10,261
10, 260
22,774
11,211
9,800
16, 398
11,283
11,462
12, 392
25,653
8,022
28, 913
6, 302
24, 350 !
3, 516
139,608
73, 227
36.74
137,442
144,476
120, 979
61, 029
3().8O
125, 132
120, 818
143, 695
69, 962
36.61
148 566
145 970
128, 825
68,010
36.67
134,190
128,570
124,184
90,889
35.75
125, 928
105, 743
1.50, 424
77, 275
a
36. 61
141,315
121, 632
\ 25, 758
72, 930
« 37.01
124, 541
125, 416
411
819
754
628
29, 593
26,290
38 073
27 952
27,456
27, 446
33,187
25, 761
28,514
31,097
30, 366
23,716
29,579
35, 818
31,318
27, 068
34,054
44, -189
32,185
24,711
24,054
25, 622
34, 262
31, 259
25,
24
33
25
10,119
°1 Revised.
Data temporarily discontinued.
* New series. For data on lumber exports for period of January 1919 to September 1932, see p. 20 of the November 1932 issue. See special footnote below on lumber
production, shipments, and stocks.
t Data revised for 1932, see p. 44 of the June 1933 issue, exports of Douglas fir lumber and timber. Boot and shoe production for 1934, p. 45, March 1935 issue, for 1935
revision see p. 48 of the March 1936 issue.
• Data revised for 1933. See p. 20 of the September 1934 issue; for 1934 revisions see p. 19 of the December 1935 issue.
A New series on lumber production, shipments, and stocks compiled by National Lumber Manufacturers' Association and represent an estimate of the total lumber
cut based on monthly reports received from regional associations covering between 80 and 90 percent of the total cut in 1934 and 70 to 80 percent in 1935. No comparable
figures are available prior to January 1934.
S Series have been revised for period January 1934-October 1935. These are shown on p. 20 of the February 1936 issue.
% Beginning with January 1934 the report includes all known operators; prior to that time approximately 89 percent of the listed capacity.
§ Data revised for 1932. For revisions of exports of Southern Pine lumber and timber, see p. 45 of the June 1933 issue. Data revised for 1933, see p. 20 of the September
1934 issue. For 1934 revisions see p. 19 of the December 1935 issue.
cf New series covering these items will be shown in a subsequent issue.
49
SURVEY OF CURRENT BUSINESS
May 1936
1936
Monthly statistics through December 1931,
»gether with explanatory footnotes and references to the sources of the data, may be found
in the 1932 Annual Supplement to the Survey
March
1936
1935
March
April
May
June
DecemOctober NovemAugust September
ber
ber
July
February
January
LUMBER AND MANUFACTURES—Continued
LUMBER—Continued
Furniture
Household:
All districts:
Plant operations*
percent of normal __
Grand Rapids district:
Orders:
Canceled
percent of new orders..
New
no. of days' production..
Unfilled, end of month
no. of days' production..
Outstanding accounts, end of month
no. of days' sales._
Plant operations!
percent of normal..
Shipments
no. of days' production..
Prices, wholesale:
Beds
_
1926=100..
Dining-room chairs, set of 6 1926=100. .
Kitchen cabinets
..1926=100..
Living-room davenports
1926=100. .
Steel furniture. (See Iron and Steel Section.)
58.0
47.0
41.0
41.0
48.0
49.0
53.0
61.0
62.0
61.0
59.0
60.0
58.0
10.0
6.0
9
8.0
7
7.0
10
7.5
6
3.5
18
5.0
13
4.0
15
6.0
14
8.0
15
13.5
13
3.0
19
9.0
12
8
13
11
8
10
9
18
18
19
16
16
12
18
24
17
17
14
14
16
19
21
24
24
21
22
57.0
39.0
9
36.0
34.0
40.0
44.0
48.0
55.0
56.0
58.0
57.0
57.0
13
12
22
57.0
12
67.5
84.0
83.5
87.5
68.5
89.9
86.0
76.6
68.5
89.9
86.0
76.6
68.5
89.9
86.0
76.6
68.5
89.9
86.0
76.6
66.9
89.9
86.0
76.6
65.7
89.9
86.0
76.6
66.3
89.9
86.0
76.6
66.3
89.9
86.0
76.6
66.3
89.9
86.0
78.0
66.3
89.9
86.0
78.0
67.5
84.0
83.5
87.5
67.5
84.0
83.5
87.5
244,419
53,158
238,358
59,569
205, 242
56, 637
239,269
53,678
241, 568
50, 489
213,802
43, 358
32.82
32.84
33.15
33.31
33.34
33.48
2,632
125
8
7
8
13
11
12
14
13
11
METALS AND MANUFACTURES
IRON AND STEEL
Foreign trade, iron and steel:
Exports§
..long tons.. 364,337
Imports*#
long tons.. 56,720
Price, iron and steel, composite*
dol. per long ton..
Ore
Iron ore:
Consumption by furnaces
2,898
thous. of long tons..
Impqrts#
__thous. of long tons..
132
Receipts:
Lake Erie ports and furnaces
thous. of long tons..
Other ports
thous. of long tons..
Shipments from upper Lake ports
thous. of long tons..
Stocks, total, end of month
thous. of long tons.. 22, 933
At furnaces
thous. of long tons.. 18,199
4,734
Lake Erie docks
thous. of long tons..
Manganese ore, imports (manganese content)*
thous. of long tons..
323,035
21, 409
205, 336
28, 786
286, 599
47, 719
289,647
33, 208
296,802
31,894
32.36
32.29
32.35
32.42
32.44
2,583
95
2,360
113
2,467
108
2,199
158
2,198
154
2,616
109
2,654
165
2,911
114
3,026
158
3,101
138
2,952
154
0
0
119
180
2,208
1,020
3,002
1,084
3,295
1,240
3,482
1,261
3,250
1,349
3,162
1,453
1,472
557
18
0
0
0
247, 312
31,312
0
400
3,504
4,242
4,461
4,781
4,818
4,601
1,557
0
0
26, 932
22, 362
4,569
24,817
20,644
4,173
25,325
21,203
4,122
27,002
22, 841
4,161
29, 509
25, 227
4,282
31,491
26,936
4,555
33,469
28,512
4,957
35,115
29, 756
5,359
34, 277
28,964
5,313
31,342
26,248
5,093
28, 404
23, 434
4,970
25, 809
20,904
4,904
13
10
12
11
16
14
16
19
15
13
54
30
47,844
45, 378
547
46,663
40, 237
42,808
52.0
42,975
37, 394
42,035
51.1
46,090
31,136
34,729
41.1
37, 573
25, 668
27,548
33.5
31,905
25, 526
28,915
34.3
31,111
35, 602
35, 245
42.5
27, 772
35, 658
36,996
44.7
33,442
45,246
43, 467
51.0
40,132
47,778
44, 277
53.1
41,434
42, 573
45,598
55.0
43,942
44,116
48, 414
57.5
43, 587
38,110
40, 449
48.8
39, 220
68, 395
126
57, 295
98
53, 555
97
54,465
97
49,180
91
50, 635
95
56,815
59,250
104
67,655
116
70,095
122
66,825
120
63, 660
117
* 64, 550
19.00
19.96
18.00
18.94
18.00
18.94
18.00
18.94
18.00
18.96
18.00
18.96
18. 00
18.96
18.00
18. 96
18.00
18.99
19.00
19.96
19.00
19.96
19.00
19.96
19. 00
19. 96
21.39
2, 040
20. 39
1,770
20.39
1,663
20.39
1,727
20.39
1,553
20.39
1,520
20.39
1,761
20.39
1,776
20.39
1,978
21.39
2,066
21.39
2,106
21.39
2,02G
21. 39
* 1, 824
Iron, Crude a n d S e m i m a n u f a c t u r e d
Castings, malleable:'
Orders, new
short tons..
Production
short tons_.
Percent of capacity
Shipments
short tons..
Pig iron:
Furnaces in blast, end of month:
Capacity
long tons per day..
Number
„
Prices, wholesale:
Basic (valley furnace)-_dol. per long ton..
Composite pig iron
.dol. per long ton..
Foundry, no. 2, northern (Pitts.)
dol. per long ton_.
Production
thous. of long tons_.
« 120
Iron, M a n u f a c t u r e d Products
Cast-iron boilers and radiators:
Boilers, range:f
Orders:
02, 143
64,341
83,929
70, 890
55,136
55,093
80, 689 106, 605 69,459 ! 51,548 i 64,845
New
number of boilers-- 62, 649
46, 320
Unfilled, end of month, total!
25, 382
22,306
25, 647
25, 545
23, 512
25, 644
31,999
12,052
32, 319
55, 291 35, 842
12, 723
number of boilers.. 26, 094
65, 658
65, 409
61,808
63, 500
88, 486 92,883
69,922
84,328
57,723
51,052
61,815
51,891
Production.
number of boilers.. 64, 227
62, 306
77, 344
85,413 88,908
66,051
80,591
64,338
63, 878
48, 726
49,489
55, 764
60,422
Shipments
number of boilers.. 61,937
41,042
37, 690
32, 201 36,176
41,490
40, 652
32, 777
42, 220
37, 753
49,625
28, 065
29,458
Stocks, end of month number of boilers-- 43, 332
Boilers, round:
3, 343
3,784
4,487
6,467
2,977
4,604
2,898 i 4,312 4,121
3,287
3,954
4,311
4,348
Production
thous. of lb-_
2, 437
9,485
3,120
2,710
3, 647
4, 368 6,879
4,957
2,493
4,018
1,664
2,115
2,102
Shipments
thous. of l b ~
35. 053
35, 389
34,106
41,917 41,138 41,139
38, 361
34,377
33,644
38,090
40,149
36, 500
Stocks, end of month.___._ .thous. of lb— 37, 738
Boilers, square:
18, 454
17, 487
27,425
19, 062
20,906
18,941
17, 599
16, 409
16, 436 12,711 | 21,462
16, 858
Production.
_
thous. of lb_. 17,957
20,325
31,761
41, 380
13, 786
11,955
9,241
16,330
10, 700 16,332 ! 21,689
8,984
7,730
6,964
Shipments
thous. of lb_.
Stocks, end of month
thous. of lb_. 129,933 117,911 126, 053 136,149 141, 520 137,923 ! 137,815 126,889 | 115,096 112, 592 114,019 114,696 121,258
a
Revised.
* New series. Data on furniture activity, all districts, prior to April 1933 not published. For imports of iron and steel, see p. 20 of the November 1932 issue; for
malleable castings, p. 20 of the April 1933 issue. New series on iron and steel composite price was shown on p. 19 of the January 1935 issue.
§ For 1932,1933, and 1934 revisions, see p. 45 of the June 1933 issue, p. 20 of the September 1934 issue, and p. 19 of the December 1935 issue, respectively,
t Revised. Data prior to April 1933 not published on plant operations. For range boilers, see p. 20 of the July 1934 issue.
• Imports from Cuba not included.
# See footnote on p. 37 of this issue. For 1933 and 1934 revisions, see p . 20 of the October 1934 issue and p. 20 of the December 1935 issue, respectively.
1 Distribution of unfilled orders of deliveries of 30 days or less and deliveries of more than 30 days has been discontinued by the reporting source.
50
SURVEY OF CURRENT BUSINESS
1936
Monthly statistics through December 1931,
together with explanatory footnotes and references to the sources of the data, may be found
in the 1932 Annual Supplement to the Survey
March
May 1936
1935
March
April
May
June
July
1936
DecemAugust SeptemOctober November
ber
ber
January
February
METALS AND MANUFACTURES—Continued
IRON AND STEEL—Continued
Iron, Manufactured Products—Con.
Cast-iron boilers and radiators—Continued
Boiler fittings, cast iron:
5,721
Production
short tons..
Shipments
short tons..
5, 325
Boiler fittings, malleable:
3,817
Production
short tons..
3.663
Shipments
short tons..
Radiators:
Production
thous. of sq. ft. heating surface..
5,046
Shipments
thous. of sq. ft. heating surface..
2,720
Stocks, end of month
thous. of sq. ft. heating surface- 34, 779
Radiators, convection type:*
New orders:
Heating elements only, without cabinets or grilles
63
thous. of sq. ft. heating surfacet-.
Heating elements, including cabinets
and grilles
117
thous. of sq. ft. heating surface*..!
Sanitary Ware
3,661
3,420
3,790
3,955
3,870
4,271
3,610
4,321
4,201
4,696
5,542
6,210
5,860
6,330
7,451
8,454
6,620
5,589 i 5.730
4,248 I 5.194
5,107
5,217
3,114
2,582
2,729
3,274
3,228
3,014
3,107
2,873
3,073
3,036
3,620
3,481
3,627
3,392
4,162
4,670
4,532
4,357
3,794
2,503
3,982
3,475
4,648
4,602
5,304
4,742
3,422
6,096
5,937
7,430
5,037
4, 706
4, 733
4, 951
2,023
2,366
2,835
3,462
4,675
6,470
7,701
10,055
6,616
5,413
4, 183 |
3,086
30, 568
32,891
35, 388
36, 753
35, 610
35, 384
33,853
31, 493
30,000
48
46
49
56
82
74
59
114
113
87
106
153
148
167
243
187
231
170
130
78, 640 120, 821
75,147 119,171
374,749 367, 593
208, 732
174,640
370, 588
245, 519 338,449 269,863 341, 770 362, 580 464,176
228, 210 321,312 243, 262 312,007 326, 585 408,402
370,180 386, 716 402, 707 400,018 407, 886 387,233
292,770
283,996
393,481
207.62 ! 207.70
208.18
3,970
3,393
29,420 i 30,243 j 32,224
145
136 ;
62
121
|
Bathroom accessories:!
Production
number of pieces..
Shipments
number of pieces..
Stocks, end of month
number of pieces..
Plumbing brass. (See Nonferrous metals.)
Plumbing and heating equipment, wholesale
price (8 pieces)*
dollars..
Porcelain enameled flatware:
Orders, new, total._
..dollars..
Signs
dollars..
Table tops
dollars..
Shipments, total
dollars..
Signs
dollars..
Table tops
.dollars..
Porcelain plumbing fixtures:
Orders:
New, net
number of pieces..
Unfilled, end of month
number of pieces..
Shipments
number of pieces..
Stocks, end of month___number of pieces..
Vitreous-china plumbing fixtures: t
Orders:
New, net-.
number of pieces..
Unfilled, end of month
number of pieces..
Shipments-.
number of pieces..
Stocks, end of month number of pieces. .
212. 29
266, 574 300,108
216,910 ! 254,473
488,747 ' 526,039
200. 84
199. 63
199. 43
829, 084
223, 860
181,437
864,145
278,110
167, 296
900, 388
255, 477
212, 598
900, 828
265,137
213, 646
888,888
279, 016
208, 213
865,904
283, 524
189,044
760, 743
274,078
164, 808
773,531
264, 896
174, 671
753, 635
300,160
146,128
770, 024
307,018
153, 937
890, 631
312,172
193, 944
801. 207
292, 709
169, 204
822, 997
213, 599
245,107
830, 241
243,535
222, 447
2,101
2,391
3,193
2,864
3,095
2,158
1,594
2. 529
2, 288
4,122 | 3,702
2,417
2,771
10,600
9,405
3, 645
2,915
8,579
3,339
3,026
6,635
3,583 1
2,713 !
6,685 !
2 763
2 746
6 874
1, 912
1, 935
7, 2 6 8 :
• ) i 22 ,
1, 597
7, 836
3 227
1 730
8 595
197.53 ! 202.01
1, (192
2,641
2,904
2,322
2, 753
2, 008
8, 962
3,535
1,790
9,917
4,553
1,72?
10, 710
4,506
2,309
10, 688
165,624
243, 296
164,042
127,764
161,199
194,337 374, 217 308, 912
227, 664 238, 207 229, 347
674,282 316, 705 297,971
217,842
218,834
333, 240
191,060 293,904
187,981 216,745
381, 675 403, 381
319, 589 250, 648 179,928
207.80 ! 208.13
937, 394 816,050 751, 629
257,005 236, 380 191,827
258, 369 195, 795 236,173
949, 349 817, 866 676, 656
218,000 249,153 | 196,287
298, 499 195,707 I 169,096
132,378
212. 24
*773.108
"283.139
-'197. 974
*666,b2'-)
"172,si 3
"194, 720
132,867 j 139,596
236,890 175,140 117,289 112, 621 128,020
295, 880 241,678 190, 229 137, 535 124,197
363,914 359, 308 424, 242 516, 677 629,750
373,413
786. 380
223, 994
190, 817
727, 162
169,453
187, 073
204,249
281,827 , 256,377
219.606 j 229,699
645,898 • 642,893
Steel, Crude a n d Semimanufactured
Bars, steel, cold finished, shipments
31,972
short tons.. 31, 378 34,080
Castings, steel:*A
30, 723 28,233
Orders, new total..
short tons.. 71,341
59.8
23.7
25.8
Percent of capacity
_
4,322
7,959
Railway specialties
short tons.. 32, 542
51,674
31,952
31,94.0
Production, total
short tons..
433
26.8
26.8
Percent of capacity
6,731
7, 585
Railway specialities
short tons.. 17,385
Ingots, steel:§
3,346
2,641
2,868
Production...
thous. of long tons..
46
50
Percent of capacity
59
Prices, wholesale:
. 0244
.0244
Composite, finished steel
dol. per lb_.
.0237
Steel billets, Bessemer, Pittsburgh
27.00
27.00
dol. per long ton..
28.20
Structural-steel beams, Pittsburgh
.0180
dol. per lb_.
.0180
.0180
9.85
10. 50
Steel scrap, Chicago
dol. per gross ton..
14. 75
U. S. Steel Corporation:
12,428
Earnings, net
thous. of dol_. 17,665
Shipments, finished products*..long tons.. 783, 552 668, 056 591, 728
29, 640
25, 600
25,295
29,863
34,439
47,301
33, 670
32,285
35,097 ; 27,917
29,083
24.4
4,779
30, 646
25.7
4,867
30, 257
25.4
6,480
27, 665
23.2
5,443
34, 570
29.0
9,574
31,125
26.1
5,857
45,426
38.1
17,111
34,972
29.3
8,598
29,995
25.2
5,616
35,411
29.7
10, 568
34, 553
29.0
8,201
42, 597
35.7
12,347
32,714
27.4
7,071
36,165
30.3
10, 024
40,529
34.0 i
13,919 !
37,793 I
31.7 |
10,076 |
59,019 '
49. 5
22,542
44, 298
37. I
13,373 ;
51,701
43.4
16, 650
47, 954
40.2
15, 830
2,636
44
2,231
40
2,270
2,919
49
2,830
51
3,146
53
3,153
55
3,082 | 3,049 ;
51
56 j
2, 968
54
.0244
.0244
.0244
.0243
.0243
.0243
.0243
.0243 |
.0243 i
.0243
27.00
27.00
27.00
27.00
27.00
27.00
28.00
29.00
29.00
29.00
.0180
10.06
.0180
9.97
.0180
10.35
.0180
12.38
.0180
12.50
.0180
12.50
.0180
13.00
.0180
13.35
.0180
13.38 :
.0180
14.19
547, 794 624,497
13,470
614,933
16, 741 681,820
20,418
661,515
598,915
14,118
578,108
721,414 I 676,315
Steel, Manufactured Products
Barrels, steel:
Orders, unfilled, end of month...number.. 341,248 1,081,327 944,168 971, 344 976, 634 932,843 930,831 853, 986 725, 748 620, 571 341,693 i 400,608 349,752
Production
number.. 578,705 462, 771 538,255 471, 592 460, 737 509,121 529,414 532, 433 790, 057 535, 514 478,592 I 479,873 !| 476,465
36.0 i
35.9
35.6
40.2
39.6
58.9
34.0
37.4
38.8
38.9
433
34.1
34.7
Percent of capacity
Shipments
number. 977,240 464,978 534,479 474,139 457, 370 505, 942 528, 338 530,433 791,469 537,947 480,918 478,588 471,481
31,
830
29,171
:
34.155
34,156
29,926
36, 589
30, 746 34,925 36, 001 38,001
26,150
27, 379
Stocks, end of month
number.. 35,260
0
Revised.
* Data on convection type radiators, prior to January 1932 not available. For earlier data on wholesale price of plumbing and heating equipment, see p. 20 of the
January 1933 issue; for steel castings, p. 20 of the October 1934 issue; and for United States Steel Corporation shipments, see p. 18 of the January 1934 issue.
t In equivalent direct radiation.
t Revised series. For earlier data on bathroom accessories see p. 20 of the October 1933 issue. Data on vitreous china plumbing fixtures revised beginning January
1933, see p. 47 of the April 1935 issue; revisions for 1933 will be shown in a subsequent issue.
• Steel casting series revised January 1935 by the increase of the number of companies from 164 to 180; comparable data not completed for 1934 and earlier years.
Figures for 164 companies in January 1935 were new orders, total 31,816, percent of capacity 20.3; new orders, railway specialties, 6,835; production, total 28,519; percent
of capacity 18.2; production, railway specialties 6,052.
§ For 1932 revisions see p. 46 of the July 1933 issue; for 1933, p. 47 of the August 1934 issue; for 1934, p. 50 of the August 1935 issue.
Monthly statistics through December 1931,
together with explanatory footnotes and references to the sources of the data, may be found
in the 1932 Annual Supplement to the Survey
51
SURVEY OF CURRENT BUSINESS
May 1936
1936
March
1936
1935
March
April
May
June
July
October NovemAugust September
ber
berm"
January February
METALS AND MANUFACTURES—Continued
IRON AND STEEL—Continued
Steel, Manufactured Products—Con.
Boilers, steel, new orders:
623
810
590
391
784
464
685
Area
thous. of sq. ft..
»647
313
641
519
544
575
594
634
705
Quantity
numbei of boilers..
443
961
536
595
"415
523
735
829
787
587
Furniture, steel:
Business group:
Orders:
1,427
1,619
1,114
1,331
1,520
New
thous. of dol_.
1,236
1,618
1,507
1,237
1,333
1,393
1,222
1,'
882
940
908
701
845
943
1,036
945
Unfilled, end of month__thous. of doL.
746
948
980
709
964
1,484
1,586
1,137
1,562
1,591
1,558
Shipments
thous. of doL.
1,123
1,214
1,225
1,327
1,361
1,221
1,586
Shelving:A
Orders:
325
370
New
_
thous. of doL.
419
307
272
271
257
313
309
336
348
323
198
243
196
Unfilled, end of month__thous. of doL.
235
167
210
175
130
152
216
212
206
155
342
371
342
379
382
257
Shipments
thous. of doL.
269
291
260
346
329
340
291
Safes:
Orders:
182
New
thous. of dol_.
163
168
170
172
200
245
207
145
188
217
203
145
255
303
228
277
Unfilled, end of month..thous. of doL.
238
257
287
281
277
285
277
282
268
205
224
147
150
Shipments
thous. of doL.
185
134
180
158
159
205
195
198
164
232
206
255
204
Lock washers, shipments
thous. of doL.
238
203
261
47
235
246
255
219
147
Plate, fabricated steel, new orders, total
35,584 38, 709 27, 830
16,832 13, 244 17,630
18,890 23, 628 31,105
short tons.. 29, 787
17,914
30, 530
19.116
3,354
5, 940
9,341
Oil storage tanks
short tons..
3,620
4,193
3,531
5,850
2,377
3,690
3,505
2,617
1,872
2,152
Sheets, black, blue, galvanized, and full finished:
Orders:
New—
short tons.. 251,818 193,057 168,093 149, 725 128,957 206, 313 207,140 196, 423 226, 209 289,101 203, 318 174, 805 138, 244
Unfilled, end of month
short tons.. 280,493 214,685 177, 950 144,392 112,944 170, 299 204,108 198, 424 211,452 286, 799 299, 394 267, 673 231, 660
Production, total
short tons.. 207, 820 227,082 209, 219 191, 507 143,309 145,505 206, 613 190, 701 222,963 224, 541 208, 774 223, 000 191, 359
62. 9
68.9
73.3
68.3
74.1
48.1
Percent of capacity
68.2
63.8
47.7
68.3
63.0
74.1
73.5
Shipments
short tons.. 209, 673 233, 446 202, 365 186,971 160,812 152,146 180,893 176. 897 220, 536 213,453 195,077 207, 437 175, 702
Stocks, end of month, total
short tons.. 141,916 108,260 116,316 124, 442 126, 531 125, 378 138,432 142,922 146, 306 149,122 149, 213 152, 283 168, 572
74,516
84, 037 86,971
72,632 75,301
68,153
71, 345
74,099
75,581
81,597
Unsold stocks
short tons.. 70, 648 59,757
83, 200
Tin and terneplate:*
Production
thous. of long tons..
190
190
140 !
200 !
Track work, production
short t o n s . .
3,440
4,472 i 4,228
4,210
3,090
3,495
4f054
4,028
2,962
3,025
3, 366
MACHINERY AND APPARATUS
Air-conditioning equipment:f
1,958
Orders, new, total
thous. of d o L .
1,502
1,833
1, 405
1,713
1,111 1,361
1, 522
1,418
1,359
0)
0)
135
Air-washer group
thous. of d o L .
173
170
252
96
164
229
215
154
60
C1)
)
690
673
Fan group
thous. of dol._
895
854
704
596
577
674
813
603
586
571
715
Unit-heater group
thous. of d o L .
435
809
1,151
449
1,021
369 I 457
495
571
713
711
Electric overhead cranes:
Orders:
626
349
New
thous. of d o L .
363
194
392
386
682
154
440
245
204
626
1,700 1,676
Unfilled, end of month
thous. of d o L .
1,723
1,194
684
1,604
1,166
1,082
1,782
1,801
1,475
813 : 1, 318
Shipments
thous. of dol__
317
274
217
373
332
198
503
476
221
217
471
140
233
Electrical equipment.
(See Nonferrous
metals.)
Exports, machinery. (See Foreign Trade.)
Foundry equipment:
Orders:
110.4
New
_ .1922-24 = 100.
115.0
118.1
127.0
100.4
69.3
113.2 ! 100.7
100.2
94.0
113.0
128.5 j 140.0
130.4
Unfilled, end of month
1922-24=100..
94.4
90.8
107.5
43.2
135.6
119.2
86.1 I 117.7
126.5
142.3
144. 5
164.7
114.5
Shipments,..
1922-24=100__
124.0
147.6
110.4
82.6
82.2
97.2
124. 7
145.2
69.7 ! 67.0
102.3
119.7
Fuel equipment:
Oil burners:*!
Orders:
New
. n o . of burners..
9,235
5,620
7,275
7,139
8, 576
10,174
9,677
10, 434 15. 320 29,090 24, 088
9,553
7,765
Unfilled, end of month_no. of burners..
2,034
711
672 1,108
1,325
2,089
2,108
1,612
1,648
1,487
1, 531
1, 860
3,807
Shipments
no. of burners..
8,732
5,689
9,670
25,657
10,049
7,729
7, 436
7,095
8, 615
9, 738 10,044
15, 549 27,143
Stocks, end of month
no. of burners.. 15,090
14,111
14,114
12,047
14,101
15, 565 13, 437 14,057
18,422
11,631
14,575
13,966
17,005
Pulverized-fuel equipment:
Orders, new, storage system:
Furnaces and kilns..no. of pulverizers..
1
0
1
0
2
0
0
0
0
0
0
0
Water-tube boilers__no. of pulverizers..
0
0
0
0
0
0
0
0
0
0
0
0
Orders, new, unit system:
1
Fire-tube boilers
no. of pulverizers..
2
1
0
1
1
2
1
7
0
0
6
Furnaces and kilns.no. of pulverizers..
1
9
3
13
2
8
2
6
7
5
Water-tube boilers.no. of pulverizers..
16
24
13
20
18
11
4
10
17
7
Stokers, mechanical, new orders:^
•17
Class 1, residential
number__
2,376
956
2,432
2,872
3,078
2,065
8,777
4,287
1,046 | 1,706
4,931
8,687
Class 2, apartment and small commer2,342
cial
number..
130
359
84
107
158
190
683
281
187
83
348
615
Class 3, general commercial and small
167
commercial heaters
number..
40
41
37
55
96
108
145
268
33
164
272
Class 4, large commercial:
71
Number
132
196
103
133
120
199
161
178
310
213
269
345
126
Horsepower
24, 775 23,586 32, 241 32, 548 34,821 43,594 47, 355 55, 260 51,031
34,166
34,849
27, 297 25,120
Machine tools:*
Orders:
New*
avg, mo. shipments 1926=100..
105.3
98.3
112.1
62.3
98.6
91.1
125.8
80.0
102.9
Pumps:
Domestic, water, shipments:^
Pitcher, hand, and windmill
u n i t s . . 41,192
19, 493 39, 221 35, 621
33, 734 33, 863 30, 014 21, 775
22, 358
30,601
35,432
;6, 964 29, 859
Power, horizontal type
units..
1,019
613
772
659
908 I 1,004
915
681
788 | 726
879
782
Measuring and dispensing, shipments:
Gasoline:
Hand-operated......
units..
599
671
569
672
426
728
662
564
583
592
776
644
639
Power
units. _ 5,226
3,992
3,651
5,120
4, 451
4,517
7,551
5,121
5,491
4,785
4, 901
4,874
5,757
Oil, grease, and other:
Hand-operated
units. _ 9, 492
5, 993
8, 257
4,401
4,503 ! 6, 753
7, 433
8,166
5,678
7, 048
8, 005 7,631
7,963
Power
.units..
1,259
901
719
823
966
651
668 1,030
956
699
1,178
881
607 i
J
" Comparable data not available. See the regular monthly report « [lie Census Bureau for detailed data on this industry.
0
Revised.
* New series. For earlier data -see p. 20 of the December 1932 issue for tin and terneplate and p. 20 of the July 1934 issue for machine tools (including forging equipment.) Current oil-burner series, available only back to January 1933, are based on reports from 160 concerns.
t Revised series. Data on air-conditioning equipment revised starting January 1933; see footnote on p. 48, April 1935. The revisions for 1933 will be shown in a subsequent issue.
X Oil burners revised for 1934 and 1935, to exclude data erroneously reported.
4,406; stocks, 12,923. Data for 1933 and 1934 will be shown in a subsequent issue. January 1935 figures are as follows: New orders, 4,512; unfilled orders, 748; shipments,
A Revised data on steel furniture shelving for years 1932, 1933, and 1934 will h shown in a subsequent issue.
* Revised
series on mechanical stokers, see p. 48 of the April 1935 issue; domesi e pumps starting January 1934, see p . 49 of the April 1935 issue.
• Series covering shipments and unfilled orders temporarily discontinued
http://fraser.stlouisfed.org/
Federal Reserve Bank of St. Louis
fj
52
SURVEY OF CURRENT BUSINESS
1935
1936
Monthly statistics through December 1931,
together with explanatory footnotes and references to the sources of the data, may be found
in the 1932 Annual Supplement to the Survey
March
May 1936
March
April
May
June
July
1936
DecemAugust SeptemOctober November
ber
ber
January
February
METALS AND MANUFACTURES—Continued
MACHINERY AND APPARATUS-Con.
Pumps—Continued.
Steam, power, and centrifugal:
Orders, new
.thous. of dol
Water-softening apparatus, shipments^
units..
Water systems, shipments? 1
.units
Woodworking machinery:
Orders:
Canceled
_
thous. of dol..
New
thous. of dol._
Unfilled, end of month
thous. of dol—
Shipments:
Quantity
..machines..
Value
.thous. of dol
615
658
719
832
1,039
577
11, 060
583
1,560
812
8,946
715
8,125
666
7,195
754
9,856
737
6,371
5
400
515
1
304
456
11
281
422
2
404
441
9
311
404
8
520
462
12
449
538
3
412
581
185
268
177
322
240
384
170
302
249
373
241
383
188
419
190
361
201
365
17, 663
.1238
16, 670
.1146
18, 272
.1138
19, 047
.1164
17, 960
.1219
16, 246
.1251
14, 534
.1263
24, 439
.1263
24, 251
.1260
18,997
.1257
1,830
520
1,310
1,840
439
1,401
1,815
601
1,214
1,880
549
1,331
1,893
422
1,471
2, 002
384
1, 618
2,113
613
1,500
1,954
469
1,485
2,510
546
1,964
2,013
524
1,489
26, 393
20,884
19, 546
.0878
27, 446
16, 734
15. 626
.0878
16, 805
16, 837
16,070
.0878
27, 252
16, 492
15, 754
27, 079
30,900
26,197
10, 568
24,967 ! 9,652
.0778 1 .0798
20, 050
22, 239
21, 087
.0850
20, 275
24, 327
23, 095
.0897
25, 592
20, 772
20,118
.0903
22,104
27, 456
25, 255
.0903
12, 573
14, 749
12, 935
19, 313
25,892
4,229
27, 283
3,452
24, 302
1,157
22,952
25,863 j 29,890
3,437 j 6,292
28, 599
2,628
27,847
3,006
31,412
7,977
31, 648
8,639
29, 464 I 28, 195
3, 183
6, 467
1,430
771
1,440
1,774
1,068
897
798
676
538
747
980
10,364
509
7, 531
552
10, 799
592
11, 685
535
10,989
493
10,827
5
417
632
4
434
441
13
311
426
12
286
451
5
284
463
224
358
151
304
168
318
157
249
10, 716
. 1213
18, 010
.1227
1,789
535
1,254
NONFERROUS METALS AND
PRODUCTS
Metals
Aluminum:
Imports, bauxite# _
..long tons.. 19,938
.1263
Price, scrap, cast (N. Y.)
dol. per lb._
Babbitt metal (.white-base antifriction bearing metals):
2,064
Productionf-thous. of lb__
453
For own use
thous. of lb_.
1,612
Salesf
thous. of lb._
Copper:
Exports, refined•
short tons.. 17,438
Imports, total§ #.
short tons..
Ore and blister
short tons..
Price, electrolytic (N. Y.)
dol. per lb._
Lead:
Ore:
Receipts in U. S. ore
short tons..
4,550
Shipments, Joplin district short tons..
Refined:
946
Imports#
short tons..
Price, pig, desilverized (N. Y.)
.0460
dol. per lb__
Production
..short tons.. 32,184
Shipments, reported
short tons.. 36, 743
Stocks, end of month
short tons_. 223, 388
Tin:
Consumption in manufacture of tin and
2,350
terneplate*
long tons..
5,520
Deliveries
long tons..
6,104
Imports, bars, blocks, etc.#
long tons..
.4799
Price, Straits (N. Y.)
dol. per lb__
Stocks, end of month:
World, visible supply
long tons.. 16, 074
United States
long tons..
3, 968
Zinc:
Ore, Joplin district:
Shipments.
..short tons.. 38, 640
Stocks, end of month
short tons.. 26,930
Price, slab, prime, western (St. Louis)
. 0490
dol. per lb-_
Production, total (primary)f-.short tons.- 42, 483
37,
922
Retorts in operation, end of mo__number_Shipments, totalf—
short tons.. 38,159
Domesticf
short tons.. 38, 159
Stocks, refinery, end of monthf_short tons— 79,841.
443
477
.0358
30,118
28,973
228, 580
.0369
29,857
40,922
220,043
3,100
5,495
8,612
.4691
3,260
5,825
5,234
.5010
19,416
4,531
.0903 I
.0903
521
1,217
742
.0451
.0450
.0425
.0441
36, 229
30, 807 29, 358 37,844
38,195
37, 615 42, 271 43, 035
227, 583 224, 992 225, 309 222, 636
.0450
37, 958
42, 333
222, 306
.0450
.0452
34,088
32, 221
34, 590 33, 086
224, 013 225, 010
2,120
1,890
4, 035
5,355
4,700
4,095
.5121 1 .5188
2,350
5,360
6,287
.4977
2,181
.0402
.0412
.0396
33, 202 29, 332 30,488
26,978
32, 341
34,575
225, 057 231, 077 230,915
2,294
650
1, 643
1,143
B
2, 300
6, 635
6,646 i
.4724 !
2, 400
5, 600
6,525
.4792
2,610
5,290
4,179
.5229
2,850
5,320
4,615
.5044
1,790
5,360
6,773
.4907
16,614
4,295
i
16,718 I 14,275 i 13,162
4,930 ! 5,467
3,227
13, 246
2,681
11,939
2,849
13,425
1,389 j
I S ft4Q
13.782 j
13,338 I 15, 607
2,985 ! 3,523
36, 026
21,983
28, 751
26, 552
15,204 I 23,013 I 28,296
25,938 ! 23,725 I 23,529
38, 584
25,865
36, 436
25, 409
34, 736
23, 093
48,579
25, 344
40, 889
21,000
35,200 I 36,770
24, 900 I 25, 130
.0389
36, 735
35,196
41, 205
41, 205
111,806
.0403
35, 329
33, 719
38, 455
38, 452
108, 680
.0454
.0430
.0467
. 0422
.0433
35, 547 36, 221
34, 572 34, 637 35,120
34,870
32, 389 33, 836 33, 884 32,942
35, 627 29, 353 32, 306 38, 824 42, 351
35, 604 29, 353 32, 306 38, 824 42, 351
107, 625 112,909 115, 723 112, 446 106, 316
.0483
36,716
34, 777
47, 063
47, 063
95, 969
.0485
37, 469
36, 650
48,172
48,172
85, 266
.0485
*40,550
38, 329
*42, 058
*42, 058
83,758
3,100 j
3,950
5,224
.5110
2,280
4,615
5,320
.5107
.0485 !
41,917 !
38,205 j
46,468 i
46,468 j
79,207 I
.0486
36, 228
38, 004
39,918
39, 918
75, 517
:, 258
3,903
Electrical Equipment
Furnaces, electric, new orders
kilowatts..
Electrical goods, new orders^ (quarterly)
thous. of dol._:
Laminated phenolic products, shipments
dollars..
Mica, manufactured:
Orders, unfilled, end of month
thous. of doLShipments
thous. of doL.
Motors (direct current):
Billings (shipments)..
dollars..
Orders, new..
dollars..
Panel boards and cabinets, shipments
thous. of dol—
Porcelain, electrical, shipments:
Special
dollars. _
Standard
dollars. _
Power cables, shipments
thous. of ft—
Power switching equipment, new orders:
Indoor
dollarsOutdoor.
dollars. _
Reflectors, industrial, sales
units..
Refrigerators, household, sales*
number.Vacuum cleaners, shipments:
Floor cleaners
number..
Hand-type cleaners*
number..
2,992
2,096 I 2,218
I
1,586 I
783
„_! 134,925 I
1,583 i
704
;
1,609 I
1,903 j
2,055 |
i
! 143,132
1,369 j
I 139,012 I
i
153,452
121,814 ! . . .
924, 238
845,0^20 | 888,705 | 816,314 j 643,770 ' 740,922 j 801,292 j 832,902 1,061,285j 878,041 | 813,455 j 826,393 1-844,374
157
188
77. 690
27, 694
446
89,044
272,139
114,001
35,878
119
100
150 ;
106
124
172
160 !
166 S
158
161
360,513 I 464,835 401, 708 358, 543 432,406 1 366,222 374, 026
428,379 |476, 841 433,141 348,349 403,480 i 357,945
454, 450
262
239
259
258
374
279
285
62,882
58,093 ! 58,575 I 18,473
64,793 I 62,711
79, 377
24,353
24,561
33, 5G6 30,284 ! 28,902
27, S
302
448
542
355 I 325
374
34, 737
I
332
46, 220 54,441
35, 308 j 30,180 50,452 ! 45,823
46, 781
81, 570 88, 521 161, 634
98, 066 139,512 I 130,628
54, 746 56,038
66, 466
62, 608 65,068 i 68,635 102, 719
71, 093
213,464 266, 931 244,602 161,525 154,121 110,161
53, 622
78, 343
90, 693 79, 330 73,086 I 58,701
56,906 ! 65,128
;
27, 478
29, 231 31,219
27,321 22,521
13,950 ! 16,227
99 !
164 I
179
201
109
187
348,942 ! 490,201
445,613 ! 405,167
121
135 I
113
147
178 1
153
571, 756 432,481 533, 595
625, 708 454, 601 612,483
293
306
101,108 ! 83,238
41,249 i 35,458
455 I 293
70, 698
26,881
233
338
81.004 i 78,914
53,858 > 29,923
3U9 j 419
64, 691 41,637
63,163
43,435 I 46,328
127,347 i 135,293 115, 247 91,522 156,313
81,807 ! 97,360 i 70,693
83,002
87,811
43, 706
46, 930 75,904 119,764 I 179,056
93, 627
29, 047
85,816
29, 261
86,763
74, 733
26,570 i 24,999
86, 084
23, 769
* New series: For earlier data, see p. 20 of the December 1932 issue, for tin and terneplate; p. 20 of the July 1935 issue, electric reirigerators; and p. 20 of the August 1934
issue, for hand-type vacuum cleaners.
..
t Data for Babbitt metal revised back to January 1933. Revisions not shown in the March 1936 issue will appear in a subsequent issue. For 1933 revisions on zinc
see p. 49 of the January 1934 issue; for 1934 see p. 49 of the February 1935 issue; for 1935, see p. 52 of the February 1936 issue.
X Present series on water systems cover 52 companies.
• For revisions for 1932, see p. 48 of the June 1933 issue; for 1933, p. 20 of the September 1934 issue; for 1934, p. 19 of the December 1935 issue.
§ Data for 1932 revised; for 1932 revisions, see p. 48 of the June 1933 issue, total imports of copper.
# See footnote on p. 37 of this issue. Data for 1933 revised; see p. 20 of the October 1934 issue. For 1934 revisions, see p. 20 of the December 1935 issue.
1 Revised series on water systems starting January 1934; see p. 49 of the April 1935 issue; for earlier data on new orders for electrical goods, see p. 19 of the August 1933
issue. New series on water-softening apparatus revised starting January 1933; revisions for 1933 will be shown in a subsequent issue.
53
SURVEY OF CUREENT BUSINESS
May 1936
1935
1936
Monthly statistics through December 1931,
together with explanatory footnotes and references to the sources of the data, may be found
in the 1932 Annual Supplement to the Survey
March
March
April
May
June
July
1936
DecemOctober NovemAugust September
ber
ber
January
February
METALS AND MANUFACTURES—Continued
NONFERROUS METALS AND
PRODUCTS-Continued
Electrical Equipment—Continued
Vulcanized fiber:
Consumption
thous. of lb._
Shipments .
. thous. of dol._
Welding sets, new orders:A
Multiple operator
_
units..
Single operator
units..
Miscellaneous Products
Brass and bronze (ingots):*
Shipments and deliveries
net tons-.
Brass, plumbing:
Shipments*!
_ . number of pieces..
Brass sheets, wholesale price, mill
dol. perlb..
Copper, wire cloth:
New
--thous. of sq.
Unfilled, end of month—thous. of sq.
Production
thous. of sq.
Shipments
thous. of sq.
Stocks, end of month
-thous. of sq.
ft_.
ft..
ft_.
ft_.
ft__
1,830
492
5,897
1,835
430
1,819
425
1,871
434
1,716
363
1,579
344
1,524
420
1,423
420
1,782
509
2,112
440
1,718
387
1,781
455
1,635
417
3
487
1
497
0
413
7
324
3
387
2
479
0
480
7
430
0
467
0
543
2
796
0
810
5,014
5,698
4,620
4,111
4,507
5,297
5,195
6,294
5,944
5,894
5,948
5,645
1,046,418 1,062,452 1,001,767
995,808
1,048,172 1,156,791 1,195,230 1,388,845 1,131,066
916,783
1, 240, 615 1,155,921
.146
.143
.143
.143
.143
.136
.138
.142
.145
.146
.146
.146
.146
413
516
424
411
709
404
448
417
377
714
351
467
383
367
742
398
443
424
373
797
411
472
376
375
801
441
509
358
375
787
417
486
416
419
781
439
560
375
359
788
386
483
442
440
741
424
527
384
396
725
386
505
379
395
695
418
528
447
398
689
370
495
406
416
689
PAPER AND PRINTING
WOOD PULP }
Consumption and shipments
short tons..
382,391 378, 708 385, 205 364,846 356,130 379, 217 362, 559 401, 864 394,485 388,244 416,019 393, 587
98,365
98,100
86,102
Groundwood
short tons..
90, 925
107, 642
97, 743
99, 711 102, 730
88,016
96,445
97, 545
Sulphate
short tons..
114, 308 111,592 113, 251 115,381 115,875 127,001 120,234 127, 598 124,418 120,807 139,951 130,084
125,
226
121,
767
Sulphite, total
short tons..
132,
772
122,
298
116,810
129,
249
133,814
136,
623
134,291
135,317
128,983
13,4,329
76,036
72,675
78, 624
79,011
Bleaehed
short tons..
80, 239
76, 558
73,843
78, 217
81, 515
77,100
76,640
82, 552
49,190
49,092
Unbleached
short tons..
52, 533
45, 740
42,967
52,299
57,999
55,280
57,100
52,149
52, 343
51, 777
29, 563
30, 483
30,256
Soda
short tons..
28,919
26, 909
27, 588
27,126
29,317
29,399
32,099
29, 476
30, 639
6,502
5,714
7,172
7,841
7,330
Damaged, off-quality & misc'Lshort tons..
6,093
8,795
7,420
6,276
6,535
7,078
6, 336
Production, all grades.
short tons..
384, 944 387, 719 387, 651 357, 547 353,939 371,259 355, 536 389,331 388,785 386,523 420,037 397, 913
79, 730
94, 603
82,046
75,477
Groundwood
short tons..
89, 067
94, 007
99,402
106,126 109, 019 110,000
106,885
100, 725
Sulphate
short tons..
114,154 111,981 113,421 114, 527 116,216 128,039 119,590 126, 332 125,609 121,148 139,329 131,642
Sulphite, total
short tons_.
128, 330 131, 794 129, 934 114, 223 120,099 127, 707 125, 671 135,193 132, 294 130, 975 134, 290 128, 423
78,109
69, 942
Bleached
short tons..
80, 965
77, 656
77,875
76,486
76, 922
78,227
75,977
75, 236
79,704
77,528
49, 598
Unbleached
short tons._
50, 829
52, 278
44,281
42, 224
49,185
51, 408
54, 586
56, 966
56,317
55, 739
50,895
29, 399
Soda
short tons__
29, 038
27, 787
27, 541
29, 734
28, 276
27,000
30,022
29,171
28,821
32, 381
30, 989
Damaged, off-quality & misc'l. .short tons-5,887
7,791
7,257
8,717
7,704
6,600
6,020
7,194
6,177
7,152
6,134
116,784
Stocks.
_
short tons..
131,826
124,743
109,761
122,914
134, 273 126,974
97, 683
91,984
90,263
94,406
90,080
56,364
64,742
67,559
45,739
36,896
32,803
Groundwood
short tons..
55,534
72,012
73,529
35, 760
34, 277
31,097
6,380
5,685
5,342
5,736
Sulphate,-short tons..
5,296
5,855
5,001
4,470
5,661
6,002
6,843
5,285
48,759
54, 984
46,278
52, 663
51, 233
49,236
Sulphite, total
short tons..
55,96*2
51,104
43,029
44,894
49,735
49,175
32, 539
36,909
30,466
Bleached.
short tons-.
36,183
33,050
26,434
36,350
35,953
32, 919
29,938
32,639
33, 527
16,220
15,812
Unbleached
short tons..
19,779
18,075
18,054
16, 595
16, 313
15,280
16, 317
14, 956
17,096
15,648
4,632
Soda.
_
short tons-.
5,427
5,547
4,507
4,797
5,047
4,598
4,586
3,502
2,924
3,206
3, 556
649
795
817
767
576
Damaged, off-quality & misc'L .short tons..
498
782
683
555
757
Imports:
228, 504 199,812
147,952
151, 705 165,848
119, 690
86,361
165,397
155,406
Chemical, total f#
short tons..
243,858
213,837
160,649
11,715
14,300
14,818
31,097
23,621
Groundwood #
short tons..
13,973
18,368
16, 744
10,097
28,116
20,392
13,796
Price, wholesale, sulphite, unbleached
1.90
1.90
dol. per 1001b..
1.90
1.90
1.90
2.00
1.90
1.90
1.90
1.90
1.90
PAPER §
Total paper: f
Paper, including newsprint and paperboard:
Production
short tons..
1.90 754,934 732,493 778,059 713, 999 694, 705 806, 564 752,268 914,328 783,476 714, 352 823,183 757, 767
Paper, excluding newsprint and paperboard:
493,920
398, 223 368,540
411,755
349,842
392,978
378, 215 426,046
340,925
430,907
456, 210 399,512
Orders, new
short tons.391,410
405,861
488, 758 410, 231 394,889
396, 991 431,455
380, 324 361, 701 440,277
472, 919 414,408
Productionf
short tons-.
435,108
400, 326 385,934
417, 334 368, 583 361,474
390,179
484, 827 411, 507 381,314
475, 790 401, 545
Shipmentsf
short tons..
• Since January 1934 the figures are more complete than those on deliveries previously shown. Shipments of the concerns formerly reporting contribute about 80-85
percent of the total for the present series.
A These series have covered a varying number of companies for period covered in survey; percentage of industry coverage not known. Reports have been from 12
companies since January 1934.
X In September 1935 3 firms discontinued reporting; data of 3 firms of equal size were added, thereby maintaining the comparability of the series.
f Revised series. See p. 49 of the June 1933 issue for 1932 chemical wood pulp imports. Data on total paper for 1934 revised. Revisions for months not shown in the
August 1935 issue will appear in a subsequent issue.
* New series. Data prior to October 1931 not published on plumbing brass.
# See footnote on p. 37, of this issue. Date for 1933 revised; see p. 20 of the October 1934 issue. For 1934 revisions see p. 20 of the December 1935 issue.
§ The figures on paper (including total, fine, and wrapping) are as reported by the American Paper and Pulp Association, except book paper, the data on which are
reported by the Book Paper Division of the Paper and Pulp Industry; they are not comparabk with the data carried in the SURVEY from the American Paper and Pulp Association through December 1933. The present classification of the association differs from that previously used by them, as well as from the Bureau of the Census classification. In addition to the classes shown, the association also reports on printing paper (including uncoated book), boards, paperboard, and newsprint. Thefirsttwo
of these classifications are not used in the SURVEY, while the Bureau of the Census report is used for paperboard and the Newsprint Service Bureau's report for newsprint
(the latter series is identical with that reported by the association). The ratio of the production reported by the association, the Newsprint Service Bureau, and the Bureau
of the Census (monthly report on paperboard) to the annual figures reported by the Bureau of the Census for 1934 follow: Total paper, 87.4 percent; fine paper, 76.1 percent; wrapping, 109.7 percent (present classification of association is much broader than is Census or earlier association classification); paperboard, 68 percent of all paper
board, but 81 percent of the more comparable classifications of container board and boxboard; book paper, uncoated, 95 percent and coated 100 percent (book paper estimates are by association since the data cannot be checked with Census data); and newsprint, 97 percent. Figures for the first 5 months of 1934 on book paper are not available. Data are available for the other series for the months of January to April 1934. These figures will be shown in a subsequent issue.
1 See footnote marked " A " on p. 60 of the March 1936 issue.
54
SURVEY OF CURRENT BUSINESS
1936
Monthly statistics through December 1931,
together with explanatory footnotes and references to the sources of the data, may be found
in the 1932 Annual Supplement to the Survey
March
May 1936
1935
March
April
May
June
July
1936
Decem- January FebruAugust SeptemOctober Novemary
ber
ber
ber
PAPER AND PRINTING—Continued
PAPER—Continued
Book paper:*
Coated paper:
Orders, new
short tons..
Orders, unfilled
short tons._
Production
_
short tons..
Percent of potential capacity
Shipments
_
short tons..
Stocks, end of month
short tons..
Uncoated paper:
Orders, new
..short tons..
Orders, unfilled
short tons..
Production
short tons..
Percent of potential capacity
Shipments
short tons..
Stocks, end of month
short tons..
Fine paper:*
Orders, new
short tons..
Orders, unfilled
.
short tons..
Production
short tons..
Shipments
short tons..
Stocks, end of month
short tons..
Wrapping paper:*
Orders, new
short tons..
Orders, unfilled
short tons..
Production
short tons..]
Shipments
short tons..'
Stocks, end of month
short tons..
Newsprint:
Canada:
Exports
..short tons..
Production
short tons..
Shipments from mills
short tons..
Stocks, at mills, end of month
short t o n s United States:
Consumption by publishers
short tons..
Imports#
..short tons..
Price, rolls, contract, destination, N. Y.
base..
dol. per short ton..
Production, total
short tons..
Shipments from mills
short tons—
Stocks, end of month:
At mills
.short tons..
At publishers
short tons..
In transit to publishers..short tons..
Paperboard:§
Consumption, waste paperf—short tons..
Orders:
New
short tons..
Unfilled, end of month
short tons..
Production
..short tons..
Percent of capacity
Stocks of waste paper, end of month:
At millst-—
short tons..
In transit and unshipped purchases
short tons..
20, 311
9,794
20,756
58.8
19,513
15,810
15, 835
9,118
18, 264
56.9
17,215
16,861
18, 464
8,798
19,335
55.8
19,441
17,194
18,390
8,153
19,363
59.4
19,267
15, 605
18,903
13, 582
20, 733
9,106
21, 758
62.0
21,215
14,870
18, 640
64.3
17,654
16, 595
19,912
7,924
21,197
65.0
21, 728
16,064
19,264
7,225
20, 066
58.1
20, 746
16,580
17,352
10,043
18,831
63.7
19,145
14,961
22, 352
10,351
23,106
63.4
23,640
16, 243
22, 541
11,364
21,844
66.8
22, 752
15, 050
87,821
30,426
96,411
69.9
94,947
58,583
87, 282
30,975
96,852
69.3
95, 237
60,919
81, 320
27, 806
93, 358
69.9
87, 815
63, 320
72, 222
26,754
82,098
66.7
78,740
66, 352
78,190
29,864
86,121
63.2
84,996
70,154
80,143
30,480
88, 201
68.2
85,880
71,860
83,400
35,464
87,911
70.1
88,127
73, 098
88, 329
32, 771
95, 894
72.4
92, 415
74,820
87, 252
35,065
89, 262
66.4
91,197
74,399
82,558
37,746
91.075
71.5
84,964
79,518
98,108
40,212
101,223
71.8
99,769
81,821
93,960
43,739
96,068
73.9
96, 293
81,713
31,620
10, 578
33,257
32, 660
52, 702
27,175
10, 649
30, 751
28,936
52,880
37, 596
10, 676
39,114
37, 428
54, 610
25, 966
8,276
31,196
29,182
56, 550
24, 606
9,421
26, 650
25,910
55, 716
33, 646
8,067
36, 553
35, 501
56, 931
28, 497
9,269
28, 494
28, 599
56,903
37, 763
8,666
39,075
38,959
56,504
29,802
8, 245
31,281
30,709
56,867
29,912
8,857
31,633
28,355
60,206
134,954
67, 271
139,857
137,969
101, 503
118, 858
60, 867
132,986
127, 543
106, 385
147,153
62,098
148,984
148, 493
105, 337
118,943
55, 634
132,181
129, 561
107,000
122, 953
57, 596
121,304
121,871
104,715
162,916
60,807
160, 510
159, 808
105,116
141, 541
70, 686
135,278
132,926
107, 856
184, 471 134,343
73, 774
79,566
176.973 138,523
175.974 140,060
107, 655 105, 468
125,290
71, 348
131,544
127, 051
108,178
31,096
17,314
24,697
76.0
25,998
12, 528
20,944
9,117
21,482
61.4
21,614
128,902
65,508
101,669
80.0
107,116
73, 349
256,564
243,900
239,253
96, 254
1
43,582 , 36,999
10,560
12, 813
41,979
38,155
43,467
34, 803
62, 400
59,143
155,564
58,378
165,934
168,333
105, 361
124,216
56,391
136,087
128,188
114, 425
206,492 158,924 239,881
205, 682 222, 235 242, 693
198, 574 236,905 251,979
»• 78,309 63, 553
227,215 219,461 220,866 208,912 240,421 244, 037 277, 838 184,884 ! a184,079
232,
020 234,753
zaz, uzu
za<t, /oa 235, 573 233, 968 266, 515 262, 854 244,732 227,955 j 221,190
225, 403 266, 679 285,179 265,233 181,403 | «206,010
228,196 226,884 225, 736
I
55, 211
30,138
76,658 I 92,082
75, 305 73,818
73, 579 50,993
57,771 ! 65,705
161,185
179,982
182,213
157, 45']
41.00
76,507
74,300
171,139 166,122 201,970 161,884 153,811 148,142 160, 558 179,821 187,448 186,514
181, 597 188, 700 227, 330 202,878 190, 872 195, 057 190, 272 222,811 234, 305 249,876
40.00
40.00
40.00
40.00
40.00
40.00
40.00
40.00
40.00
40.00
73, 303 74, 651 84,141
77, 010 72, 797 75,160
71, 262 79, 974 78,955
75,869
74,491
76,872 83, 825 76, 994 71,213
74, 676 73,067
82, 220 81,151
79,672
41.00
79, 336
74,126
41.00
*72,249
"70,650
18,163
203,814
40,851
17,414
15,440
15,873
16,294
17,887
18, 235 16, 450 14, 340 12, 473 10,266
210,072 203, 672 203, 353 211,071 223,364 232, 200 221,114 222, 362 223, 377 240,838
32, 725 33, 268 37, 342 29, 914
29, 220 26,100 38, 703 34, 754 41,727 53,302
14,275
237.955
35,178
16,032
221,165
39, 387
231, 584 217,300
229,064
226,216
183,974
220,641
219, 767 213,523 | 217,934
246, 537 244,963
268, 360 255, 730 259,995 248,656 ! 259,486 297, 349
79,049
79, 296 80, 367 78,020 I 78,241
86, 767
275, 770 260, 851 262, 463 256,665 | 260,207 291,127
66.5 j
61.4
69.1
64.8
62.7
68.7
230,365 I 233,784
207,987 214, 680 222, 519
228,137
32,864 I 47,039
34,170
30, 233 33,481
32, 432
246, 318
196,429
307,103 351,887 272,477 234,753
105,088 107, 074 88,971 81,894
289, 596 345, 596 294, 290 243.594
74.1
79.5
60.9
73.6
283,890 268, 843
94,210
91,917
270. 928 271,107
63.4
220, 998 214, 685 213, 297 211,029
216.040
68.4
193,91-.}
38, 420
40, 780
35, 044
35, 269
39.737
66, 455
8,743
73, 057
9,082
66, 453
9,428
55,740
15,231
65,784 i
7,712 |
o9,930
4, 575
2,176
1,931
245
2,412
2,165
247
1,991
1,796
195
1,781
1,604
176
1,964 !
1,768 !
195 i
1,846
1, 653
194
73,780 i 82, 686 93,807
18, 721 100,160
674
714
787
868
500
519
681
495
403
611
187
179
97
195 I
176
85
75 \
80 |
83
78
94, 574
PAPER PRODUCTS
Abrasive paper and cloth, shipments:
Domestic
reams..
Foreign
reams..
Paperboard shipping boxes:
Shipments, total
mills, of sq. ft..
Corrugated*
.mills, of sq. ft..
Solid
fiber*
mills, of sq. ft..
PRINTING
67,405
9,769
69,477
7,465
69,173
6,851
50, 774
5,442
2,019
1,804
215
1,892
1,674
218
1,829
1,626
204
1,933
1, 729
204
95,189
953
78,972
1,004
784
220
80
61, 294
8,538
61,116
7,364
1, 832
2, 017
1,626 I 1,772
206 j 245
62,201
6,719
2,161
1,912
250
j
B l a n k forms, new orders. _---thous. of s e t s . . |
Book publication, total.number of e d i t i o n s . . |
New books
number of editions..
New editions
number of editions..
Operations (productive capacity). 1923=100..
Sales books:
Orders, newf-.—
thous. of books.Shipments
thous. of books. J
801
152
15, 778
(0
83,393 j 19, 491
718 !
624
568
447
150
177
77
'14,, 712 • 13,531
11, 361 12, 097
1
13,998
11,906
1
14,399
11,672
1
14,915 !M4.648
12,677 [ 12,931
a
14, 643
12,906
a
17,503
14,804
700 |
197 I
1
15. 785
13,117
1
92,113
95,196 , 84,853
836
536 !
842
688 i
430 i
676
148 i
106 ;
166
84 I
b2 I
83
15,500
13,127
14, 906
13,033
° Revised.
t Revised series. Data for period January 1933-January 1934, inclusive, on consumption and stocks of waste paper at mills will be shown in a subsequent issue.
Sales book's, new orders, have been revised beginning January 1935 to include the statistics of 2 members not included heretofore. The data now represent 90 percent
of all1 the sales books sold in the United States. Revised data for 1935 not shown above, January 13,727, February 13,895.
Shipment figures are no longer reported by the Specialty Accounting Supply Manufacturer's Association.
§ The Bureau of the Census has changed the title of the "Boxboard" report to "Paperboard" since data actually cover all board of .0012 of an inch or more in thickness
reported by the cooperating manufacturers. Figures given on production and new and unfilled orders are for 94 identical manufacturers; and consumption and stocks of
waste paper for 82 manufacturers. Estimated coverage is given in footnote marked § on p. 53
* New series. New series on paperboard shipping boxes compiled by the National Container Association, Chicago, 111., from reports from all members of the industry of
record beginning in January 1934. The volume of companies not reporting each month is estimated by the association, so as to keep the series comparable. Prior to January 1934 data covering this industry were compiled by the Paper Board Industries Association. See footnote marked " § " on p. 53 of this issue for book, fine, and wrapping
paper.
# See footnote on p. 37 of this issue; data for 1933 revised; see p. 20 of the October 1934 issue; for 1934 revisions see p. 20 of the December 1935 issue.
SURVEY OF CURRENT BUSINESS
May 1936
Monthly statistics through December 1931,
together with explanatory footnotes and references to the sources of the data, may be found
in the 1932 Annual Supplement to the Survey
1935
1936
March
55
March
April
June
May
July
1936
August
Septem- October Novem- Decem- January Februber
ber
ary
ber
RUBBER AND RUBBER PRODUCTS
CRUDE AND SCRAP RUBBER
Crude:
Consumption, total
long tons_. 38, 433 38,997 40,913 37, 827
31,825
28,832
For tires and tubestt
long tons_.
Imports, total, including latext#-long tons.. 34,874 46,640 41,456 30, 705
Price, wholesale, smoked sheets, N. Y.
.159
.114
.115
.120
dol. per lb..
Shipments, world
long tons.. 69,000 67,000 75,000 77,000
677, 005 677, 569
Stocks, world, end of monthf-—long tons.. 573,000
Afloat, totalf
long tons.. 86,000 92,000 97,400 103,200
44,485
37, 651
44,375
To United States!--long tons.. 58,935
London and Liverpool
long tons.. 147,602 162, 012 165, 064 167,745
91,069
86, 723
91, 345
British Malaya
--long tons.. 61,045
United Statest
long tons.. 279,000 333, 728 328,118 311,000
Reclaimed rubber:
7,014
8,183
9,210
8,448
Consumption
_
-long tons_.
10,549
10, 315
10,223
Production
long tons.. 10,712
17,335
17,032
16, 341
Stocks, end of month
-long tons.. 16,039
Scrap rubber:
32, 709
Consumption by reclaimers
long tons.. 61,045
33,327
25,961
32,182
33,109
25, 019
48,131
.126
72, 000
671, 525
101, 000
55, 581
171, 303
89,979
315, 000
.121
70,000
679,061
96,000
49, 018
174,141
89, 098
315, 000
.120
70,000
680, 644
101, 000
47, 724
177, 250
80,843
321, 551
.116
74,000
661, 509
100,000
43,413
174,894
67,361
319,254
.127
75,000
655, 000
100,000
49,913
168, 570
71, 868
312,112
7,317
8,590
15, 780
7,136
8,421
14,889
7,036
7,263
12, 611
7,011
6,871
11,321
7,923
11,926
11, 784
36,000
34, 000
38,192
38,500
6 21, 893 6 21, 250 6 23, 627 6 22,818
35, 707
36,378
26, 073
41,483
43,655
627, 437
33,921
33,071
620,464
34,339
.131
.144
.132
.154
63,000
61,000 "63,000
62, 000
623,300 '611,987 «600,479 •599,355
82, 000
89, 000
82,000
82, 000
43, 870
46, 588
39,094
46, 532
166,896 164, 200 162,107 156,877
66,618
66, 794
72, 530
61,692
294, 610 •303, 000 287, 754 l284, 797
7,494
11,482
12,028
23,498
32, 588
38, 648
6 23,198
39, 812
8,031
11,665
14,326
5,893
10,188
15, 547
> 3, 709
> 3,139
6 3,079
& 7, 224
6 2, 601
b 2. 545
6 7, 504
22
23
23
41
6 25
6 23
& 22
M0
6 15
6 17
6 17
6 37
6 3, 719
* 3, 376
6 3, 330
& 6,984
6,817
12, 307
13, 537
29,772
TIRES AND TUBES*
Pneumatic casings:
Production
thousands..
Shipments, total
thousands..
Domestic
.thousands..
Stocks, end of month
thousands,.
Solid and cushion tires:
Production...
thousands..
Shipments, total
.thousands..
Domestic
thousands..
Stocks, end of month
thousands..
Inner tubes:
Production
thousands..
Shipments, total
thousands..
Domestic
thousands..
Stocks, end of month
thousands..
Raw material consumed:
Crude rubber. (See Crude rubber.)
Fabrics
thous. of lb..
4,215
4,078
4,000
11,325
4,376
4,989
4,908
10, 673
4,050
3,945
3,850
10,797
3,793
4,134
4,061
10,433
3,426
5,284
5,212
8,584
6 3, 234
6 3,839
* 3,783
6 6,322
18
20
20
31
20
22
21
31
23
21
20
34
16
20
19
30
22
20
20
36
6 26
3,999
4,043
3,980
10,094
4,132
4,320
4,252
9,864
3,775
3,347
3,287
10, 296
3,376
3,904
3, 840
9,748
3,153
5, 111
5,053
7,765
63,154
6 3,690
h
3, 647
6 5, 621
8,011
7,736
7,055
14,868 6 13,8
6
»
6
6
3,067
2, 676
2, 621
6, 713
6 24
6 3, 341
6 2, 775
*> 2, 735
6 6,127
6
6
*
b
3, 281
3, 317
3, 258
6, 715
3, 238
3, 232
3,170
6, 682
6 3, 282
6 3, 365
6 3,311
6 6,639
"27
«>25
6 25
6 38
6 23
6 19
6 19
6 41
6
6
6
6
6 3, 592
6 3, 262
6 3,215
6 6,523
6 3,193
6 3, 035
6 2,988
6 6, 611
6 3, 279
6 3, 268
6 3, 229
13,523
> 13,632
12, 606 6 14,148
6
6
6
6
6
6
6
6
2,880
2,791
2, 748
7,046
> 15,988 612,059
MISCELLANEOUS PRODUCTS
Rubber bands, shipmentsA
thous. of lb_.
Rubber-proofed fabrics, production, totalA
thous. of yd..
Auto fabrics
thous. of yd..
Raincoat fabrics
thous. of yd..
Rubberflooring,shipmentsA-thous. of sq. ft..
Rubber and canvas footwear:*
Production, total
thous. of pairs..
Tennis
thous. of pairs..
Waterproof
...thous. of pairs..
Shipments, total
thous. of pairs..
Tennis
_..thous. of pairs..
Waterproof..
thous. of pairs..
Shipments, domestic, total.thous. of pairs..
Tennis
..thous. of pairs..
Waterproof..
thous. of pairs..
Stocks, total, end of month.thous. of pairs..
Tennis...,
thous. of pairs..
Waterproof.
thous. of pairs..
Rubber heeIs:A
Production
__thous. of pairs..
Shipments, total*..
thous. of pairs..
Export
thous. of pairs..
Repair trade
thous. of pairs..
Shoe manufacturers
thous. of pairs..
Stocks, end of monththous. of pairs..
Rubber soles:A
Production
thous. of pairs..
Shipments, total*.
thous. of pairs..
Export
..thous. of pairs..
Repair trade
thous. of pairs..
Shoe manufacturers
thous. of pairs...
Stocks, end of month
thous. of pairs..
Mechanical rubber goods, shipments:A
Total
.1
thous. of dol..
Belting.
thous. of dol..
Hose
thous. of doL.
Other
thous. of dol_.
199
5,905
2,937
2,969
5,041
3,019
2,022
5,011
2,997
2,014
15,804
7,207
8,597
269
334
363
363
2,984
431
5,571
449
2,866
492
3,269
395
1,291
450
2,760
313
604
450
2,864
219
603
371
2,950
191
786
322
15, 653
4,156
11,497
4,427
873
3,554
5,510
889
4,622
5,489
881
4,608
14, 559
4,137
10,422
5,874
1,297
4,577
5,733
673
5,059
5,705
654
5,051
14,700
4,761
9,939
5,172
1,301
3,871
5,657
491
5,165
5,626
467
5,159
14, 200
5,571
8,630
5,993
1,661
4,332
6,276
830
5,446
6,252
815
5,437
14,967
6,743
8,224
5,925
2,174
3,751
6,144
2,061
4,083
6,109
2,042
4,067
14, 886
6, 839
8,047
5,231
2,498
2,732
4,819
1,929
2,890
4,788
1,915
2,873
14,957
7,305
7,652
17, 836
17, 492
233
4,810
12, 449
34, 746
18,016
16, 267
177
4, 054
12, 036
36, 464
16, 406
17,067
187
5, 187
11,694
36, 051
18,517
18,814
296
5,029
13, 489
36, 291
16, 024
16, 886
428
4,173
12, 285
30, 710
16,649
17, 094
348
2,829
13,917
30, 374
3,567
3,509
8
380
3,121
3,887
3,599
3,597
11
384
3,202
3,875
3,166
3, 099
5
449
2,646
3,967
3, 021
3,160
3
660
2,497
3,844
4,022
4,141
1
625
3, 515
3,731
3,399
3,528
11
492
3,025
3,121
3,698
3,544
1
401
3, 142
3,164
4,422
1, 026
1,383
2,012
4,106
1,092
1,281
1,733
4,354
1,346
1,368
1,640
3,980 i
1,018
1, 248
1,715
5,015
1,155
1,438
2,422
4,755
989
1,319
2,447
5, 200
1,027
1,408
2, 765
276
285
293
227
220
276
4,071
256
1,307
366
4,068
305
1,398
456
4,030
292
1,716
486
3,868
303
1,540
400
4,200
278
1,986
325
5,209
427
2,370
477
5,863
3,673
2,190
5,087
4,023
1,064
5,041
3,997
1,044
4,857
2,376
2,481
4,699
1,056
3,643
6,132
1,340
4,792
6,106
1,322
4,784
18, 202
6, 026
12,176
4,151
1,391
2,760
3,002
1,774
1,227
2,964
1,742
1,222
19, 358
5, 642
13,716
3,147
702
2,445
3,737
1,507
2,230
3,667
1,490
2,177
15, 854
6,331
9,523
5,415
3,188
2,226
4,210
3,276
934
4,170
3,243
927
17,056
6,241
10,815
18, 767
4,836
13,931
16, 256
16, 926
439
5, 102
11,385
36, 349
17,173
18,764
241
7,405
11,118
34, 869
20, 262
19, 658
336
7,471
11,850
35, 602
19,105
18,694
356
5, 578
12, 760
34, 250
3,357
3, 410
563
2,840
3,904
3,525
3,543
7
631
2,905
3,897
3,607
3,701
6
505 I
3,190 !
3,733 I
5,463
1,006
1,842
2,615
5,711
1, 394
1,949
2, 368
4,944 I
2,579
1,109
3,623
2,521
1,102
J
1,109 I
1,688 1
2,147 !
0
b
Revised.
g e e footnote marked " t "
X Data for 1934 and for the period January to July 1935 are estimated to represent approximately 97 percent of the industry; for for subsequent months the coverage is
estimated to be 81 percent. Previously published data are estimated to cover about 80 percent of the industry for 1929-33, inclusive, and 70 to 80 percent prior to 1929.
§ See footnote on p. 37 of this issue. Data for 1933 revised. See p. 20 of the October 1934 issue. For 1934 revisions see p. 20 of the December 1935 issue.
• In October 1933, 4 new companies were included in the report and 1 additional company in January 1934. Since that month, the coverage of the industry is 100 percent. For preceding periods the coverage varied; in 1929 it was 90 percent; in 1931, 80 percent; and in 1933, 95 percent, according to the Census of Manufactures. Overlapping figures are available for October 1933. See the October 1934 issue for October 1933 data for the smaller number of firms.
* New series. Earlier data not published on total shipments of rubber heels and rubber soles prior to December 1932.
t Revised series. Data on consumption of rubber for tires and tubes revised for 1932,1933, and 1934. See p. 51 of the August 1934 issue. Revised data from September
1930-December 1934—rubber world stocks, world afloat, and afloat to the United States appear on p. 20 of the July 1935 issue; for 1932 revisions for United States stocks, see
p. 50 of the May 1933 issue. See p. 50 of the June 1933 issue for crude rubber imports.
A Coverages of Rubber Association data has varied considerably over period for which data have been shown in SURVEY. Coverage was generally higher in 1934 and
1935 than in earlier years.
56
SUEVEY OF CUKRENT BUSINESS
Monthly statistics through December 1931,
together with explanatory footnotes and references to the sources of the data, may be found
in the 1932 Annual Supplement to the Survey
1936
March
May 1936
1935
March
April
May
June
July
1936
Decem- January FebruAugust SeptemOctober November
ary
ber
ber
STONE, CLAY, AND GLASS PRODUCTS
BRICK
Common brick:
Price, wholesale, red, N. Y.
dol. per thous_.
Shipments*..
thous. of brick..
Stocks*
thous. of brick..
Face brick (average per plant):
Orders, unfilled, end of mo.
thous. of brick..
Production (machine)* thous. of brick..
Shipments
thous. of brick..
Stocks, end of monthj
thous. of brick..
Sand-lime brick:
Orders, unfilled, end of mo.
thous. of brick..
Production
thous. of brick..
Shipments by rail...
thous. of brick..
Shipments by truck
.thous. of brick..
Stocks, end of month
thous. of brick..
Vitrified paving brick:
Shipments*
-thous. of brick..
Stocks*..
thous. of brick..
9.44
9.50
9.40
9.63
9.50
83, 076 88, 324 93, 608 95,940 91,127
343, 554 341,315 365,481 381, 532 394,988
9.50
9.50
9.50
9.50
9.50
95, 673 73,586 a 56, 471 44, 748
117,031
423, 651 424, 737 426, 550 417, 482 407, 546
10. 00
60, 987
362,458
10.00
76, 646
341,477
289
95
138
2,282
367
177
229
2,133
381
293
255
2,107
342
310
284
2,078
337
350
313
2,107
322
320
300
2,126
291
351
277
2,168
294
348
311
2,223
354
322
235
2,334
562
309
147
2,485
747
179
95
2,385
833
172
66
2,477
925
115
20
414
811
850
345
104
343
346
810
1,821
125
1,754
1,374
600
1,582
206
793
1,860
1,150
2,077
213
1,901
1,877
1,012
1,974
144
1,873
1,921
720
2,396
44
1,894
2,202
390
2,115
129
1,927
2,164
400
1,399
83
1,280
2,185
1,225
1,274
33
896
2,451
1,690
486
36
714
2,046
7,965
1,032
29
1,085
2.285
1,338
77,039
3,307
80,358
4,162
87, 241
7,753
89,638
12, 565
86, 236
9,173
81,447
5,115
81,344
5,454
79,753
6,178
79, 468
4,715
81,191
3^892
79, 730
2, 052
79, 677
1. 667
5,263
23.4
7,138
21, 096
5,628
1. 658
°4,299
18.9
4,878
21, 289
6,343
1.667
6,136
27.9
6,198
21, 219
6,122
1.667
8,222
36.1
7,428
21,991
6,365
1.667
8,725
39.6
7,632
23,083
6,741
1.667
8,021
35.7
7,813
23,287
6,849
1.667
7,235
31.8
8,105
22,415
6,779
1.667
7,173
32.6
7,799
21,783
6,368
1.667
7,510
33.1
8,794
20, 501
5,891
1.667
7,093
32.2
5,976
21,613
5,607
1.667
5,803
25.6
4,514
22, 908
5,226
1.667
3,630
16.1
3,889
22, 686
5,214
1.667
3,454
16.4
3,156
1
22, 971
° 5. 590
3,339
58.4
3,434
8,270
2,946
51.4
2, 963
7, 955
3,113
54.3
2,956
8,060
3,401
59.3
3,245
8,141
3,295
59.8
3,276
8,115
3,579
62.4
3,455
8,183
3,825
64.2
3,735
8,239
3,107
58.7
3,701
7,576
3,603
60.5
3,557
7,575
3,275
59.4
2,940
7,836
3,065
55.6
2,540
8,328
3,114
52.1
2, 916
8,437
3,047
55.4
3, 031
8,410
2,110
2,115
2,020
1,965
1,919
1,743
1,865
2,446
2,485
2,416
1,817
2,261
1, S53
1,904
1,866
2,611
1, 902
2,608
2,065
2,623
2,022
2,751
1,829
2,828
1,555
2,757
1,591
2,306
2,013
2,680
2,705
2,730
2,672
2,477
2,292
2,749
2,159
1, 913
74.5
3,887
1,791
69.8
4, 795
1,920
74.8
4,945
1,927
75.1
5,097
1,814
70.7
5,119
1,567
61.0
5, 053
1,920
74.8
4,787
2,088
81.4
3,358
2,584
100.7
3,450
2,339
91.1
3,618
2,067
80.6
3,735
1,965
76.6
3,753
1,883
2,148
1,978
77.1
4,045
16,057
16, 532
16,999
14, 582
13,163
13,909
14 526
14,404
16,593
15,909
16,112
17, 276
13,857
7,928
2,220
186
2,129
1,600
PORTLAND CEMENT
Price, wholesale, composite
dol. per bbl_.
Production
_
thous. of bbl_.
Percent of capacity...
_
Shipments
thous. of bbl_.
Stocks, finished, end of month.thous. of bbl_.
Stocks, clinker, end of month-thous. of bbl_.
GLASSWARE, ETC.
Glass containers :#
Production
thous. of gross..
Percent of capacity
Shipments
thous. of gross..
Stocks, end of month
thous. of gross..
Illuminating glassware:*
Orders:
New and contract
number of turns..
Unfilled, end of month
number of turns..
Production
number of turns..
Shipments:
Total
number of turns..
Percent of full operation
Stocks, end of month
number of turns..
Plate glass, polished, production!
thous. of sq. ft..
GYPSUM*
Crude (quarterly):
Imports
short tons..
Production
short tons..
Shipments (uncalcined)
short tons..
Calcined (quarterly):
Production
short tons..
Calcined products (quarterly):
Shipments:
Board, plaster (and lath)-thous. of sq. ft_.
Board, wall
thous. of sq. ft..
Cement, Keenes
short tons..
Plasters, neat, wood fiber, sanded, gauging, finish, etc
short tons..
For pottery, terra cotta, plate glass, mixing plants, etc..
short tons,.
Tile, partitition
thous. of sq. ft..
10, 730
292, 406
84,853
114,934
523, 238
188,458
170,613
566,719
161, 786
124, 302
498, 765
140,363
233,852
388, 440
416, 709
345,826
29,937
51, 362
2,997
56, 284
73,990
4,724
72, 957
62, 250
5,642
66, 969
62, 886
5,716
165, 970
272,202
293,984
235, 111
29,142
2, 302
36,668
2,211
35,892
2,420
34, 814
2,420
TERRA COTTA
Orders, new:
Quantity
Value
short tons..
thous. of doL.
1,050
146
795
66
1,440
133
836
104
581
76
42, 336 43,196
334, 369 335,114
47,223
341,833
934
113
713
91
1,027
124
1,267
149
1,509
179
1,906
211
1, 105
138
TILE
Hollow building tile:*
Shipments
._
Stocks
short tons..
short tons..
29,931
350,710
38. 498 43,069
346,785 341,432
45, 575 55, 663 45,069
341,509 329,489 335,104
31,361 " 28, 480 | 21,952
337,465 ja330, 262 J 327,903
a
Revised.
* New series. Earlier data not published on illuminating glassware prior to July 1932 (except production and percent of capacity); for earlier data see p. 20 of the June
1933 issue, face brick, machine production. Series on common and vitrified paving brick and tile beginning January 1934 were shown on p. 20 of the June 1935 issue. For
earlier data on gypsum see p. 20 of the January 1933 issue.
t Adjusted for degrading and year-end physical inventories.
t Data on plate glass represent the total output of the industry. Complete figures for the months of 1932 were shown on p. 52 of the March 1933 issue, for 1933 on
p. 52 of the March 1934 issue, and for 1934 revisions p 56 of the March 1936 issue.
# Monthly series on glass containers for 1934 and 1935 are not comparable with those of earlier years due to increase of number of firms reporting to 44. Shipments of the
44 firms for the year of 1933 amounted to 33,048, 747, compared with 23,511,963 for the 30 firms reporting for the same year. Comparable statistics on shipments for the
companies, now reporting by years, from 1928 to 1933, inclusive, were as follows (in gross): 1928, 31,943,016; 1929, 33,765,896; 1930, 31,905,933; 1931, 31,413,508; 1932, 26,947,949;
and 1933, 33,048,747. Data are not available for this period on production and stocks, nor are monthly figures on shipments available. It may be noted from the trend
of these data that the monthly figures prior to 1934 had a downward bias. Basis of estimating capacity was changed in computing the new series. Data for 1934 revised,
see p. 52 of the May 1935 issue.
57
SURVEY OF CURRENT BUSINESS
May 1936
Monthly statistics through December 1931,
together with explanatory footnotes and references to the sources of the data, may be found
in the 1932 Annual Supplement to the Survey
1936
March
1935
March
April
May
June
July
1936
DecemAugust Septeni'
October November
ber
ber
January
February
TEXTILE PRODUCTS
CLOTHING
Hosiery:*
Production
~
thous. of dozen pairs.
Shipments
___thous. of dozen pairs.
Stocks, end of month
thous. of dozen pairs.
9,832
10,420
9,768
9,392
9,180
9,203
9,124
7,121
7,513
7,541
6,818
9,001
9,686
9,577
10,816
11, 574
12,164
10,293
10,231
8,918
8,648
19,161
19,053
19,366
19,646
19,256
19,938
19,211
17,930
17,299
17,319
549
482
468
470
384
391
408
449
552
508
405
318
323
278
345
280
10,417
16
9,472
10
9,252
8,662
17,547
10,099
8,487
19,160
19,750
498
591
517
877
526
406
COTTON
Consumption!
thous. of bales.
Exports:
Quantity, exclusive of linters
thous. of bales.
Ginnings (total crop to end of month)
thous. of bales.
Imports#_
.thous. of bales.
Prices:
To producer
dol. per lb_
Wholesale, middling, N. Y
dol. per lb.
Production, crop estimate..-thous. of bales.
Receipts into sightf
*.___thous. of bales.
Stocks, end of month:f
Domestic, total mills and warehouses
thous. of bales.
Mills...
thous. of bales.
Warehouses
thous. of bales.
World visible supply, total ..thous. of bales.
American cotton
thous. of bales.
241
487
712
1,135
1,133
4,230
7,750
9,362
7
.115
.120
"9,758 * 10, 250
14
13
18
.114
.121
/10,734
1,328
.111
.119
.110
.116
9,814
1,427
8,387
7,768
6,363
9,279
1,435
7,844
7,590
5,918
8,652
1,404
7,248
7,385
5,591
.109
. 114
.115
.115
.117
.117
.120
.123
.118
.119
.119
.122
.115
.115
.106
.108
.109
.112
494
424
229
286
233
395
718
2,254
3,136
7,905
1,334
6,570
6,825
4,992
8,904
1,116
7,788
6,881
4,715
8,266
1,062
7,203
6,124
4,169
7,555
975
6,581
5,593
3,720
6,953
885
6,069
4,998
3,253
6,528
789
5,739
4,278
2,790
6,538
645
5,893
4,212
2,834
7,865
717
7,149
5,205
9,556
1,074
8,482
7,060
5,807
9,976
1,346
.278
.393
.297
.414
.296
.415
.305
.415
.301
.415
.299
.415
.299
.411
.300
.405
.312
.408
.323
.415
.321
.415
.299
.415
.290
.415
21,745
12,316
18,713
7,118
16,285
5,903
16, 539
5,460
13, 657
3,729
14, 566
3,258
13, 731
3,517
14,128
4,315
15,529
5,876
16,935
5,174
12,466
4,910
15,489
9,489
15,392
8,799
.055
.062
.061
.062
.061
.059
.061
.063
.064
.064
.064
.058
.056
.070
.074
.073
.074
.073
.072
.072
.074
.078
.083
.075
.071
108,450 148,710
100.750 119,107
• 4,250
6,797
e
96,500 122,548
144,429
112,883
6,218
104,597
130,284
98,810
6,000
100, 265
90,496
73, 531
5,504
70,381
89,164
78,254
6,585
61,842
94,521
84,486
7,282
77,913
93, 013
87,921
6,151
110,885
102, 066
183,292
291,481
97,732
297,866
103,500
297, 776 333,991
111, 926 115,255
234,457
96,103
212,369
94,012
195,421
88,292
23,176
24,674
23,854
23,041
22,704
22,312
22, 047
7,264
252
108.1
6,623
215
92.4
6,055
197
85.4
6,087
199
83.3
5,102
168
75.0
5,155
171
73.5
5,545
185
76.4
7,697
817
COTTON MANUFACTURES
Cotton yarn:
Prices, wholesale:
22/ls, cones (Boston)
dol. per l b . .
40/ls, southern spinning*
dol. per lb_.
Cotton goods:
Cotton cloth:
Exports§
thous. of sq. y d . .
ImportsJ#
_.thous. of sq. yd..
Prices, wholesale:
Print cloth, 64 x 60
dol. per yd—
Sheeting, brown, 4 x 4 (Trion mill)
dol. per yd—
Cotton cloth finishing:*
Production:
Bleached, plain
thous. of yd..
Dyed, colors
thous. of yd—
Dyed, black
thous. of yd..
Printed
thous. of yd—
#
Stocks:
Bleached and dyed
thous. of y d . .
Printed
thous. of yd..
Spindle activity:!
Active spindles
thousands..
Active spindle hours, total
millions of hours.
Average per spindle in place
hours..
Operations
percent of capacity..
97,435 a 92,807
87, 685 ° 90,390
4,554 «4,118
100, 528 « 91,860
197,107 198,508
105,464 103,179
97, 972
102, 292
96,507
5,399
97,331
101,310
84,239
3,969
104,720
199, 328
93, 795
205, 719
95, 790
203, 494
107, 382
22,684
23,193
23,194
23, 391
23, 324
23, 337
6,184
207
7,445
251
103.8
6,897
233
101.1
6,804
233
103.8
7,714
266
111.9
6,736
233
105.2
RAYON AND SILK
Rayon:
Deliveries:*
422
Unadjusted
1923-25=100295
381
494
464
477
° 517
274
417
433
550
473
Adjusted
1923-25=100399
«454
279
439
462
477
513
522
570
487
419
264
557
3-mo. moving average of adjusted index
1923-25=100..
522
495
501
468
514
310
327
520
465
499
447
ImportsJ#
thous. of l b . .
312
241
509
346
39
107
392
26
16
145
611
60
12
Price, wholesale, 150 denier, "A" grade
(N. Y.)_.
dol. per lb._
.57
.60
.57
.57
.57
.57
.57
.55
.55
.57
.57
.58
.55
Stocks, imported, end of month
thous. of lb__
231
262
245
235
261
262
239
244
238
237
229
261
Silk:
Deliveries (consumption)
bales.. 36,000 44,347 39, 757 38,361
35, 559
41,715
45,156
48,167
37, 012
38,995
32, 053
33, 728 44,166
Imports, raw J#
thous. of lb
5,658
6,708
8,218
6,365
3,480
4,905
5,545
5,201
5,562
6,061
6,344
6,275
5,518
Prices, wholesale:
Raw, Japanese, 13-15, N. Y..dol. per l b . .
1.327
1.391
1.418
2.092
1.958
1.784
1.376
1.447
1.705
1.733
2.084
1.950
Silk goods, composite-dol. per yd—
.94
.92
.92
.92
1.00
.92
.95
1.00
1.00
0)
0)
0)
Stocks, end of month:
World visible supplyA
bales..
223, 548 220, 577 207,000 190,700 199, 500 214, 000 236,000 233,000 228,000
United States (warehouses)
bales.. 53, e
36, 583 37, 587 36, 762 42, 018 32,654
51,458
37,381
38, 680
54,941
56, 511 64, e
46, 777
Revised.
» As of Dec. 13.
'• Estimated.
i Discontinued.
/ As of Dec. 1.
* As of Jan. 16.
• New series. Hosiery compiled by the National Association of Hosiery Manufacturers and estimated to represent 95 percent of the industry. For complete series see
p. 19 of the September 1935 issue. Data on cotton cloth finishing are from the National Association of Finishers of Textile Fabrics and cover practically all the industry;
comparable figures are not available prior to December 1933; the production statistics are prorated from data for 4-week periods; stocks are reported at end of each 4-week
period. Data on cotton yarn, southern spinning from January 1933-April 1934 will be shown in a subsequent issue. Rayon deliveries from January 1923-April 1935 were
shown on p. 19 of the June 1935 issue.
1 For revisions for crop years 1931-32,1932-33,1933-34, and 1934-35, see p. 52 of the October 1933 issue, p. 52 of the September 1933 issue, p. 53 of the October 1934 issue,
and p. 57 of the October 1935 issue, respectively.
t For revisions of cotton consumption, domestic stocks, and spindle activity for crop years 1931-32, 1932-33, 1933-34, and 1934-35, see p. 20 of the February 1933 issue,
pp. 52 and 53 of the November 1933 issue, p. 53 of the October 1934 issue, and p. 57 of the October 1935 issue, respectively.
§ For 1932 revisions see p. 53 of the June 1933 issue; for 1933 revisions see p. 20 of the September 1934 issue; 1934 revisions are shown on p. 19 of the December 1935 issue.
w See footnote on p. 37 of this issue. Data revised for 1933; see p. 20 of the October 1934 issue; data also revised for 1934, see p. 20 of the December 1935 issue.
• Stocks at end of 4-week periods through June 16. July figures are averages for July 14 and Aug. 11. August figure as of Sept. 8. Subsequent data at the end of
succeeding 4-week periods.
t For 1932 revisions see p. 53 of the June 1933 issue, for 1933 revisions see p. 20 of the October 1934 issue, and for 1934 revisions see p. 20 of the December 1935 issue.
A This series has been superseded by a new series which excludes stocks held at Milan, London, Canton, and Shanghai. Monthly data from January 1922-Marah 1936
will be shown in a subsequent issue. Data on new series for 1935—November, 185,748; December, 194,941; for 1936—January, 186,911; February, 175,380.
58"
SURVEY OF CURRENT BUSINESS
Monthly statistics through December 1931,
together with explanatory footnotes and references to the sources of the data, may be found
in the 1932 Annual Supplement to the Survey
1936
March
Mav 1936
1935
March
April
May
June
July
1936
DecemAugust Septem- October NovemJanuary . i Februber
ber
TEXTILE PRODUCTS—Continued
WOOL
Consumption:
Total, grease equivalent basist
thous. of lb__ b53,460
Apparel class, scoured basis*,.thous. of lb__ f>20, 369
Imports, unmanufactured^
thous. of lb_. 25, 298
Operations, machinery activity:*
Combs, worsted
percent of capacity..
Looms:
Carpet and rug
percent of capacity..
50
Narrow
percent of capacity..
38
Wide
_
percent of capacity..
80
Spinning spindles:
Woolen...
percent of capacity..
85
Worsted
percent of capacity..
59
Prices, wholesale:
.93
Raw, territory, fine, scoured_..dol. per lb_.
Raw, Ohio and Penn., fleeces.dol. per lb_.
.42
Suiting, unfinished worsted, 13 oz. (at mill)
dol. per y d . .
1.742
Women's dress goods, French serge, 54" (at
factory)
dol. per y d . .
1.114
Worsted yarn, 2/32s, crossbred stock, Boston
dol. per lb__
1.33
Receipts at Boston, totalA
thous. of lb._
Domestic
thous. of lb__ 22, 258
4,845
ForeignA
-thous. of lb._
17,413
Stocks, scoured basis, end of quarter:*J
Total
thous. of lb__ 103, 642
Domestic
thous. of lb__ 59,167
Foreign
thous. of lb__ 44, 475
Combing
thous. of lb__ 60, 327
Clothing
thous. oflb_. 43,315
*> 65, 006 > 62, 066 & 70, 617 * 80,428
*> 23,108 > 21,818 b 25,444
28, 388
15,459
13,939
15,932
15,778
* 66, 648 * 74, 781 * 80,293 » 78, 727 ft 72,993»73 367 6 73, 908 ft 64,193
* 23,575 * 26, 592 ft 28,994ft 29, 565
ft 27, 528
ft 730
2 7 &28. 223 ft 24, 488
18,760 20,361
21,952
18,041
23,498
18,467
21, 167 21, 212
95
111
116
115
103
111
113
124
125
108
107
117
52
29
82
58
27
73
59
28
76
50
25
77
53
24
78
60
31
85
52
33
78
54
42
84
53
44
45
43
90
46
48
90
52
44
90
81
61
76
63
71
94
67
103
67
97
67
106
81
104
83
93
73
95
62
.23
.64
.23
.68
.26
89
72
.75
.30
.76
.30
.76
.31
.78
.33
.81
.32
.84
.39
.84
.39
.87
.39
1.510
1.510
1.522
1.609
1.609
1.609
1.603
1.624
1.708
1 733
1 733
1.733
.990
.990
.990
1.015
1.015
1.015
1.027
1.040
1.052
1 064
1 064
1.101
1.05
6,507
4,626
1,881
1.05
8,951
7,141
1,810
1.06
19, 701
17,246
2,455
1.08
44,346
41,809
2,537
1.10
72,156
67, 598
4,557
1.10
37,957
33,981
3,976
1.11
23,832
19,385
4,446
1.25
18, 525
11,803
6,722
1.29
19,214
10,982
8,232
1.30
12.875
5,285
7,590
1.31
17, 524
6,410
11,113
1.33
18, 581
4,576
14, 006
'134,785
'115, 526
°19,259
°88,178
°46, 606
143,484
127, 729
15, 755
110, 313
43,171
156, 689
137,817
18,872
111, 770
44,919
.92
.42
113,337
84,401
28,936
69,193
44,144
MISCELLANEOUS PRODUCTS
B u t t o n s , fresh-water pearl:
Production
pet. of c a p a c i t y . .
Stocks, end of m o n t h
t h o u s . of g r o s s . .
F u r , sales b y dealers
- t h o u s . of dol_.
Pyroxylin-coated textiles (artificial leather):
Orders, unfilled, end of m o n t h
t h o u s . linear y d _ .
Pyroxylin spread
t h o u s . of lb._
Shipments, billed
t h o u s . of linear y d . .
53.4
7,989
p 3,316
°52.2
8,357
2,271
45.9
8,258
2,301
37.6
8,188
2,782
29.0
8,005
2,326
22.3
7,688
3,185
36.5
7,403
3,390
43.7
7,215
3,069
50.2
7,215
2,145
52.8
7,136
1,186
48.9
7,151
1,214
2,822
4,829
4,691
2,654
4,600
4,328
2,368
4,280
4,606
1,974
3,274
3,645
1,898
3,587
3,534
2,176
4,471
4,032
2,589
4,692
4,412
2,592
5,125
4,616
2,300
4,152
4,084
2,154 |
3,895
3,845 j
129
83
9
37
152
112
23
17
118
59
20
39
45.0
53.7
* 7, 925 7,956
2,493 » 3,761
2,033 | 1,943
3,951 ! 3,894
3,715 | 3,876
TRANSPORTATION EQUIPMENT
AIRPLANES
Production, totalf—
Commercial (licensed)t-Military (deliveries)
For export
AUTOMOBILES [j
number..
..number..
number..
number..
186
106
41
39
134
76
34
24
156
106
20
30
217
148
35
34
144
90
42
12
171
138
19
14
107
61
37
Exports:
Canada:
6,607
5,515
5,576
3,931
5,995
5,070
6,499
4,777
4,829
9,355
6,356
Automobiles, assembled
number. _ 7,603
4,573
3,639
5,194
5, 143
3,643
4,087
6,665
3.276
3,579
Passenger cars
number..
3,537
2,629
4,100
1,607
5,088
United States:
Automobiles, assembled, totalc?
25,959
20,073
12, 703 14, 580 30, 529 28,012 I 25,654
29,806
26, 433 19,895
26, 270 25,026
number.. 28,920
22, 491 17,736
15,867 i 16,046
7,471
10,076
5,622
18, 341 13, 604 16, 517 14, 752
20,986
Passenger carsj 1
..number.. 18,921
8,038
10, 274
8,092
6,291
9,753
10,276 j 9.787 i 9,913
7,109
9,997
7,081
8,820
Trucksc?
number..
9,999
Financing: <g»
97, 508 » 8S. 64'.)
74,188 90,191
95,184 113,026 107,821 106,174 113,125 100, 761 77,651
87,169
Retail purchasers, total
thous. of doL.
42,179
60, 531 64, 605 * 56, 2*4 55, 232
62, 661 46,114
61, 722 73,058 67, 631 66, 913 71, 665
New cars
thous. of doL.
30, 716 31,122
31,906 » 31. *f*
31,432
28,708
37,011
31, 607 37, 929 38, 227 37, 237 40, 274
Used cars
thous. of doL_
820
2,025
1,963
997
951
887
1,186
2,039
505
1,089
1,856
4%
Unclassified
thous. of doL.
Wholesale (manufacturers to dealers)
92, 918 39, 700 75, 907 132,315 149,728 • US, 872 \ 113,830
145, 574 159, 930 132,074 118, 732 119,100
thous. of dol..
• Revised.
* Preliminary.
# See footnote on p. 37 of this issue.
* Since July 1934 report has been on a weekly basis. Data for September and December 1934 and March, June, September, and December 1935, and January 1936 are
for 5 weeks; other months, 4 weeks. Figures for July and succeeding months are computed from Census Bureau figures so as to represent 100 percent of the wool
industry; earlier figures incomplete.
* New series. Wool stock series began in June 1934. See p. 20 of the July 1935 issue for earlier data and explanation of new wool consumption series.
* Beginning with the July 1934 report the statistics are reported on the basis of 4 and 5 weeks, the weekly distribution being determined by the Saturdays. The statistics presented herewith are still based on the pre-code computed normal (currently based on the single-shift performance over the 5-year period 1928-32). The current data
represent practically complete coverage of the industry. Since December 1934 no allowance has been made for holidays.
AForeign receipts beginning January 1934 are compiled by U. S. Department of Agriculture and are not comparable with data carried through December 1933. This
results in a total figure which also is not comparable with earlier data.
*} Compiled by the Bureau of the Census and represent stocks of raw wool held by all dealers, topmakers, and manufacturers who usually hold significant stocks of wool.
The figures for the 3 quarters of 1934 have been revised to include the "grade not stated."
X Grease equivalent of shorn wool, plus actual weight of pulled wool. Conversions are based on totals; scoured wool is multiplied by 2 and pulled wool by 1^.
Includes clothing and carpet wools. See note on apparel class wool on p. 20 of the July 1935 issue. As this grease series will probably be dropped in favor of the more accurate
scoured series, it is suggested that those who wish to keep series going have their names placed on Bureau of the Census mailing list for the monthly wool consumption
report, from which can be computed the present data, using formula given.
§ For 1932 revisions see p. 53 of the June 1933 issue, for 1933 revisions see p. 20 of the October 1934 issue, and for 1934 see p. 20 of the December 1935 issue.
c? Data revised for 1932, see p. 54 of the June 1933 issue. Data revised for 1933, see p. 20 of the September 1934 issue; and for 1934, p. 19 of the December 1935 issue.
|j Index of sales of new passenger cars is shown on p. 26 of this issue.
t Data for 1935 revised. Revisions for January for total production, 95. and commercial (licensed) 61.
®Of the 282 identical organizations reporting originally 8 discontinued financing in January, 2 in February, 2 in March, 5 in June, 1 in July, 2 in August, 1 in September,
1 in October, and 2 in December, 1934.
59
SURVEY OF CURRENT BUSINESS
Mav 1936
1936
Monthly statistics through December 1931,
together with explanatory footnotes and references to the sources of the data, may be found
in the 1932 Annual Supplement to the Survey
March
1935
March
April
May
June
1936
DecemOctober NovemAugust September
ber
ber
July
January
February
TRANSPORTATION EQUIPMENT—Continued
AUTOMOBILES—Continued
Fire-extinguishing equipment:!
Shipments:
Motor-vehicle apparatus—
number..
Hand-type
number..
Production:
Automobiles:
Canada, total
...number..
Passenger cars
number..
United States, totalt
..number..
Passenger carst •
numberTrucks t
number..
Automobile rims
thous. of rims..
Registrations:
New passenger carst
.number..
New commercial cars*
number..
Sales:
General Motors Corporation:
To consumers.
number..
To dealers, total K
number..
U. S. dealers
number..
Shipments, accessories and parts, total*
Jan. 1925-100..
Accessories, original equipment
Jan. 1925=100..
Accessories to wholesalers..Jan. 1925=100..
Replacement parts
Jan. 1925=100..
Service equipment
__.Jan. 1925=100..
52
31, 203
36
21,713
47
29, 796
40
34, 585
54
34,692
47
29,571
38
32,534
49
28,362
59
31, 556
65
27,587
53
25, 516
38
32,120
42
23,932
37,974
14,488
424, 571
345,167
79,404
1,841
21,975
18,179
429,793
361,816
67,977
1,724
24,123
- 20,688
477,691
401,628
76,063
1,907
« 20, 702
«17,030
364,662
307, 522
57,140
1,561
15,745
12, 276
361,248
296,609
64,639
1,428
13,069
9,471
336,985
276,084
60,901
1,339
7,692
5,524
239,994
182,389
57,605
798
5,323
3,819
89,804
57,285
32, 519
1,052
8,313
7,128
275,024
214,609
60,415
1,654
13,496
12,042
398,039
338,425
59,614
1,804
13, 775
11,370
407,804
344,613
63,191
1,912
13, 302
11, 261
367, 252
299,926
67, 326
1,877
13,268
10,853
290,964
226,452
64,512
1,261
300,000
52,000
261,477
41,511
319,650
46,785
293,199
47,968
280,360
48,243
285,178
51,243
233,851
50,355
157,098
41,380
148,389
43,243
220, 262
37,616
237,194
38,000
215, 782
43,760
176, 668
• 40,301
181,782
196, 721
162,418
126,691
169,302
132,622
143,909
184,059
152,946
109,051
134,597
105,159
137,782
181,188
150,863
108,645
167,790
139,021
127,346
124,680
103,098
66,547
39 152
22^986
68,566
127,054
97,746
136,859
182, 754
147,849
122,198
185, 698
150, 010
102,034
'158,572
131,134
96,134
144,874
116,762
135
147
132
119
114
92
105
132
135
135
145
123
142
101
144
72
156
110
144
132
132
148
83
102
103
131
82
113
95
138
81
85
126
124
75
98
129
135
91
137
150
141
98
148
147
139
80
155
160
107
73
156
170
114
85
127
160
116
84
182, 773
1,888
274,775
14.8
181,396
1,883
284,728
15.4
180,559
1,873
283,310
15.4
180,114
1,868
276,535
15.0
179,556
1,861
281,262
15.3
179,203
1,857
285,320
15.6
178,703
1,851
284,427
15.5
178,125
1,842
273,125
15.0
176,727
1,827
269,984
15.0
175,772
1,817
266, 876
14.9
173, 507
1,791
256, 511
14.6
172,939
1,784
254, 598
14.5
2,232
46,237
10,389
22.5
45
171
2,231
48,192
10, 537
22.8
62
106
2,228
46,099
10, 582
23.0
63
156
2.222
45,910
10, 541
23.0
57
246
2,222
45,883
10, 557
23.0
92
119
2,219
45,821
10,403
22.7
60
122
2,215
45,686
10, 335
22.6
86
221
2,212
45,610
10,187
22.3
43
119
2,211
45,565
10,127
22.2
53
108
2,206
45,375
9,914
21.8
54
241
2,199
45,179
9,825
21.8
81
284
2,197
• 45,088
9,556
21.2
46
138
1,050
11,315
4,444
6,871
746
746
7,236
12, 629
4,052
8,577
430
430
RAILWAY EQUIPMENT
Equipment condition:
Freight cars owned:
Capacity
._.
mills, of lb_. 172, 621
1,780
Number, total
thousands..
Bad order, total
_
number.. 249, 246
Percent of total in bad order
14.2
Locomotives, railway:
Owned:
2,194
Tractive power
mills, of lb_.
45, 009
Number..
9,642
Awaiting classified repairs.number..
21.4
Percent of total
53
Installed
..number..
132
Retired
.number..
Passenger cars:
On railroads (end of quarter)..number..
Equipment manufacturing:
Freight cars:
627
Orders, new__
cars..
Orders, unfilled, total
cars.. 13. 478
5,471
Equipment manufacturers
cars..
8,007
Railroad shops
cars..
189
Shipments, total
cars..
186
Domestic
cars..
Locomotives, industrial electric (quarterly):
Shipments, total
number..
Mining use
number..
Locomotives, railway:
13
Orders, new
number..
Orders, unfilled, end of month:
Equipment manufacturers (Census),
total
number. _
Domestic, total
number..
Electric
number..
Steam
number..
Railroad shops (A. A. R.).-_number..
Shipments:
Domestic, total
number..
Electric
number..
Steam
number..
Exports, totalf
number..
Electric
number..
Steam...
number..
Passenger cars:
Orders, new, placed by railroads
number. .
Orders, unfilled (end of quarter)
number.Shipments, total
number..
Domestic
number..
ELECTRIC TRUCKS AND
TRACTORS
42,428
0
444
30
414
143
143
600
1,447
533
914
334
162
2
1,477
549
928
1,031
401
5,151
2,427
414
2,013
66
66
41,102
41,405
41 986
500
2,173
427
1,746
40
38
100
7,259
5,841
1,418
17
17
61
54
110
7,440
5,775
1,665
29
27
810
6,432
4,514
1,981
1,281
1,281
25
4,489
2,798
1,691
1,755
1,754
10,030
12, 715
5,224
7,491
1,912
1,912
51
50
3
5
0
7
46
45
39
36
3
4
45
38
30
8
2
40
34
26
8
2
38
36
24
12
3
84
78
33
45
7
27
27
0
11
11
0
6
6
0
9
9
0
4
4
0
9
2
3
2
1
9
5
4
1
1
0
1
0
1
55
0
0
0
0
37
41
41
68
12
12
45
45
9
0
0
85
79
76
3
1
11
6
5
22
12
10
13
13
j
i
80
75
53
76
117
115
59
75
67
78
100
Shipments, industrial, total
number..!
74
71
48
72
114
103
56
70
76
74
Domestic
number.-!
4
2
5
3
12
26
3
5
8
Exports
number.-J
° Revised.
* New series. For earlier data see p. 20 of the February 1934 issue for total shipments, accessories and parts, and registrations of new commercial cars.
t Revised series. For earlier data see p. 19 of the August 1933 issue for fire extinguishers and passenger-car registrations; exports of locomotives for 1932; p. 55 of the
June 1933 issue for 1933, see p. 20 of the September 1934 issue, and for 1934 p. 19 of this issue. Data on automobile production revised for 1933. See p. 55 of the August
1934 issue. For revised data for 1934 see pp. 55 and 56 of the June 1935 issue.
• Taxicabs are included in figures for passenger cars, beginning January 1934 in order to avoid disclosure of individual companies.
1 United States and Canadian dealers, plus overseas shipment.
60
SURVEY OF CURRENT BUSINESS
1936
Monthly statistics through December, 1931,
together with explanatory footnotes and references to the sources of the data, may be found
in the 1932 Annual Supplement to the Survey
March
May 1936
1935
March
April
May
June
1936
DecemAugust SeptemOctober November
ber
ary
July
January
February
TRANSPORTATION EQUIPMENT—Continued
SHIPBUILDING
United States:
Merchant vessels:
Under construction.thous. of gross tons..
Completed during month
total gross tons..
Steel
total gross tons
World (quarterly):
Launched:
Number
ships..
Tonnage
thous. of gross tons..
Under construction:
Number
ships
Tonnage
thous. of gross tons..
20,898
13, 386
30
20
20
20
31
72
76
77
82
119
119
133
14, 510
11,344
12, 640
8,543
22,026
15,801
5,928
2,189
4,530
957
4,305
45
15,860
8,464
9,266
1,707
4,617
2,660
36, 651
8,017
17, 576
10, 242
18, 429
17, 297
112
279
135
323
119
263
124
359
325
1,270
330
1,283
268
1,198
393
1,543
CANADIAN STATISTICS •
Business indexes:*
Physical volume of business
1926=100..
Industrial production, t o t a l . .1926=100..
Construction H A
1926=100..
Electric power
1926=100..
Manufacturing
1926=100..
Forestry
1926=100..
Mining f
....1926=100Distribution
1926=100..
Carloadings
1926=100..
Exports (volume)
1926=100..
Imports (volume)
1926=100..
Trade employment..
1926=100..
Agricultural marketing
1926=100..
Grain marketings..
1926=100..
Livestock marketings..
1926=100..
Commodity prices:
80.5
Cost ofliving index <?
1926=10072.4
Wholesale price index #
1926=100Employment, total (first of m o n t h ) . 1926=100..
98.9
Construction and maintenance. 1926=100..
78.2
99.5
Manufacturing
1926=100..
129.1
Mining
..1926=100..
117. 5
Service
1926=100..
123.1
Trade
..1926=100..
78.9
Transportation..
1926=100..
Finance:
Banking:
Bank debits
. . . m i l l s , of d o l . .
77.3
Interest rates
1926=100..
Commercial failures*
number..
Security issues and prices:
New bond issue?, total t
thous. of dol— 123, 332
Bond yields
percent..
Common stock prices, totalf. 1926=100..
Foreign trade:
Exports
thous. of d o l . . 73,166
Imports
thous. of d o l . . 52, 765
Exports, volume:
13,146
Wheat
. . t h o u s . of bu__
Wheat
flour
thous. of b b l . .
Railway statistics:
Carloadings...
thous. of cars..
Financial results:
Operating revenues
thous. of d o l . .
Operating expenses
.thous. of d o l . .
Operating income
thous. of dol—
Operating results:
Freight carried 1 mile
mills of t o n s . .
Passengers carried 1 mile.mills of p a s s . .
Commodity statistics:
Production:
Electrical energy, central stations
mills, of kw.-hr..
Pig iron.
thous. of long t o n s . .
Steel ingots and castings
thous. of long t o n s . .
1,172
Wheat
flour
thous. of b b l . .
I
I
103.2
104.4
°35.8
198.1
105.1
108.7
147.6
100.5
73.4
84.1
84.0
121.2
86.3
85.4
90.6
99.2
99.7
« 41.3
190.5
86.8
93.1
143.4
96.8
73.3
73.8
65.6
120.5
65.4
57.7
100.0
98.3
97.7
«35.6
195.9
94.0
99.0
156.4
100.0
79.1
81.5
71.5
121.0
91.8
91.7
92.0
78.8
71.9
96.4
94.2
92.7
118.8
111.7
116.7
76.5
78.6
72.5
93.4
80.2
93.9
117.7
111.4
117.4
76.3
2,236
79.5
124
197.4
98.4
105.7
138.4
97.8
70.6
69.9
74.6
122.6
106.1
112.3
78.2
103.0
104.0
«55. 4
199.4
101.7
100.7
135.3
100.2
75.0
78.6
79.8
122.3
164.7
183.4
80.4
107.9
110.3
°66. 5
206.2
102.7
111.8
165.8
101.3
72.1
100.3
80.5
122.8
163.9
181.2
86.6
101.9
102.5
°49.3
191.9
100.0
103.7
144.7
100.1
69.6
92.7
77.6
123.6
114.2
119.5
90.2
107.2
109.5
"50.7
198.9
105.4
114.5
169.6
100.7
71.0
88.6
85.4
122.8
86.6
86.1
88.7
110.0
113.5
a
37.0
199.0
118.5
114.8
146.3
100.2
66.8
77.1
93.7
124.1
43.3
36.4
74.3
106.2
108.8
°23.6
197.6
112.5
118.9
160.8
99.3
66.5
69.5
70.2
128.8
34.0
27.4
63.5
105.2
107.0
a
95.3
197.1
96.1
106.7
144.4
100.3
72.1
84.3
76.3
124.0
39.8
29.5
85.7
78.6
72.3
95.2
84.7
95.6
116.2
116.4
119.3
80.1
78.8
71.5
97.6
89.5
98.4
119.2
118.5
119.9
79.9
78.8
71.5
99.5
101.1
98.5
121.5
123.6
122.1
82.7
79.4
71.6
101.1
104.7
99.8
125.2
127.9
120.7
85.4
79.6
72.3
102.7
110.9
100.8
128.6
127.8
121.8
85.8
80.4
73.1
106.1
117.4
103.3
129.5
120.5
123.8
86.4
80.6
72.7
107.7
119.9
103.5
132.5
117.1
124.6
84.5
80.6
72.6
104.6
95.9
101.4
131. 1
116.3
131.0
84.0
72.9
99.1
74.8
96.8
129.9
118.0
135.9
77.9
2,367
80.8
107
3,132
78.5
101
2,710
80.4
109
2,545
80.2
110
2,498
79.7
94
2,426
88.3
2,908
85.4
115
3,022
80.8
107
2,932
82.7
2,992
85.5
31, 378
3.81
84.4
78,489
3.87
86.4
68,091
3.76
93.6
82,243
3.85
93.8
123, 263 195,994
fiO, 311
4.23
3.84
3.82
92.4
93.6
94.7
66,724
4.09
96.1
147,080
3.87
105.8
121, 372
3.96
107.4
59, 026
48,191
38, 296
36,637
62,947
54, 540
52, 763
46, 732
57, 786
48,414
71, 700
49, 560
66,152
44, 689
85, 749
52, 751
85, 317
55, 958
70, 565
38, 569
54, 417
40, 590
60,198
41, 597
497
11, 990
383
6,495
430
9,158
395
21, 698
377
17, 273
396
28, 919
501
26, 575
525
17,044
444
7,557
314
14, 241
340
187
5,027
277
185
188
186
195
197
221
251
214
174
173
180
23,847
20,865
2,114
24, 482
20, 563
2,990
24, 529
21, 839
1,781
24,049
22, 455
26,187
22, 754
2,442
25, 520
23,435
1,134
29, 585
23,436
5,380
32, 279
23, 598
7,730
27,154
20,854
5,290
26,656
21,333
4,289
22,234
21,440
a
205
1,858
133
1,797
125
1,720
124
134
2,041
157
1,784
185
2,712
137
2,937
108
2,240
101
1,934
140
1,763
117
1,944
45
1,881
43
1,923
45
1,816
45
1,792
51
1,851
54
1,919
54
2,163
46
2,143
65
2,157
71
2,091
61
1,938
56
58
1,046
69
966
73
1,164
73
992
82
1,161
91
1,535
95
1,825
94
1,604
99
957
100
93
1,019
94.2
93.3
M8.0
a
104.9
104.9
52.6
196.0
96.2
111.3
186.2
104.8
78.4
99.3
78.9
127.3
62.7
53.9
102.2
80.4
72.5
98.4
74.4
98.5
129.4
116.4
121.6
2,767
133, 384 138,853
4.10
3.86
112.9
120.7
• Statistics in this section, with few exceptions, are from the Dominion Bureau of Statistics, Ottawa.
• Revised.
1 Data for 1934 revised. See p . 56 of the M a y 1935 issue.
* New series. For earlier data see p . 18 of the February 1933 issue, business indexes, and p . 20 of the October 1933 issue, commercial failures.
t Revised series. See p. 55 of the April 1934 issue, construction and mining, for 1933. Series on common-stock prices revised back to December 1932 as a result of additional stocks being added; for revision see p. 56 of the April 1934 issue. New bond issues revised for the year 1935; see p . 60 of the April 1936 issue.
# Number of commodities changed from 502 to 567 beginning with month of January 1934.
c? Data revised January 1932 through July 1933. Revision for 1932 see p . 55 of the November 1933 issue. For final revisions for 1933 see p . 56 October 1934 issue.
d
Deficit.
A Data for 1935 revised. Revisions not shown above are as follows: Jan. 69.7 and Feb. 72.0.
U.S. GOVERNMENT
PRINTING
OFFICE: 1 9 3 6
INDEX TO MONTHLY BUSINESS STATISTICS
Page
Abrasive paper and cloth
54
Acceptances
31,32
Accessories, automobile..
.--.._
59
Advertising
25, 26
Africa, United States trade with
37
Agricultural products, cash income received
from marketings of
23
Agricultural wages, loans
31
Air-conditioning equipment
51
Air mails
.
...
26
Airplanes
38,58
Alcohol, denatured, ethyl, methanol
39
Aluminum........
.
..
.
52
Animal fats, greases
39,40
Anthracite industry
22,29,45,46
Apparel, wearing
28,30,57
Argentina, United States trade with; exchange; flaxseed stock
33,37,40
Asia, United States trade with
.
37
Asphalt.47
Automobiles
22,26,27,28,30,58,59
Babbitt metal-.-...52
Barley
43
Bathroom
fixtures
50
Beef and veal
44
Beverages, fermented malt liquors and distilled spirits
;
42
Bituminous coal—
.
.
.
. . . 22,30,46
Boiler and boiler
fittings
.
. .
50
Bonds, prices, sales, value, yields....
35,36
Book, publication
54
Boxes, paper, shipping
.
54
Brass
53
Brazil, coffee; exchange, United States trade
with
.
33,37,45
Brick
56
Brokers' loans
32
Bronze
.
.
.
53
Building contracts awarded
24,25
Building costs
25
Building materials
.
48,49
Buainess activity index (Annalist)
22
Business failurei
- 32,33
Butter
. . . . .
.
.
42
Canadian statistics
. . .
60
Candy
45
Canal traffic
. . . .
. . . . .. . . .
38
Capital i s s u e s . . . . . . . . .
.
35
Carloadings
22,37,38
Cattle and calvea—-,
,
44
Cellulose plastic products ..
. . . . .
41
Cement
22,27,28,30,56
Chain-store sales.
.
. .
. 26,27
Cheese
-.
--42
Chile, exchange, United States trade with-. 33,37
Cigars and cigarettes
.
45
Civil-service employees
29
Clay p r o d u c t s . . . .
23, 27, 28,30, 56
Clothing
24,28,30,57
Coal
_
22,29,45,46
Cocoa..
.....
-
44
Coffee
23,24,45
Coke..
—
46
Collections, department stores
26
Commercial paper.
.
31,32
Communications...
;
.
38
Construction:
Contracts awarded, indexes
24
Costs.-.._
25
Highways
.
25
Wage rates
„
31
Copper
52
Copper wire cloth
53
Copra and coconut oil
40
Corn
43
Cost-of-living index
23
Cotton, raw and manufactures
23,24,57
Cottonseed, cake and meal, oil
40
Crops
.—
23,40,42,43,57
Dairy products
23,24,42
Debits, bank
32
Debt, United States Government
34
Delaware, employment, pay rolls
28,30
Department-store sales and stocks
27
Deposits, bank
.
-32
Disputes, labor
29
Dividend payments
36
Douglas fir
.
48
Earnings, factory..
29,30,31
Eggs
23,44
Electrical equipment
52,53
Electric power, production, sales, revenues. 22,41
Electric railways..
37
Employment:
Cities and States
28, 29
Factory—
27,28, 29
Nonmanufacturing
29
Miscellaneous
.
29
Emigration
.
38
Enameled ware
.
50
Engineering construction
25
England, exchange; United States trade
with
33,37
Exchange rates, foreign
33
Expenditures, United States Government- _
34
Explosives
39
Exports
36,37
Factory employment, pay rolls.. 27,28,29,30,31
Failures, commerciaL
32,33
Page
Fairchi 1 d retail price index
23
Fares, street railways
37
Farm employees
,
29
Farm prices, index
23
Federal Government, finance
34
Federal-aid highways
25,29
Federal Reserve banks, condition of
32
Federal Reserve member bank statistics
32
Fertilizers
39
Fire-extinguishing equipment
59
Fire losses
25
Fish and fish oils
40,45
Flaxseed
40
Flooring, oak, maple, beech, and birch
48
Flour, wheat
43
Food products
22-25,28,30,42
Footwear
47,48, 55
Foreclosures, real estate
25
Foreign trade, indexes, values
36,37
Foundry equipment
51
France, exchange; United States trade with. 33,37
Freight cars (equipment)
38,59
Freight carloadings, cars, indexes
37
Freight-car surplus
38
Fruits
23,42
Fuel equipment
51
Fuels
45,46,47
Furniture
49
Gas, customers, sales, revenues
41
Gas and fuel oils
46
Gasoline
46
General Motors sales
59
Glass and glassware
22,27,28,30,56
Gloves and mittens
47
Gold
34
Goods in warehouses
26
Grains
23,24,43
Gypsum
56
Heels, rubber
55
Hides and skins
24,47
Hogs
__
_44
Home loan banks, loans outstanding
25
Home Owners' Loan Corporation
25
Hosiery
..__
57
Hotels
29,30,38
Housing
23
Illinois, employees, factory earnings
28,30,31
Imports
37
Income-tax receipts
34
Incorporations, business
26
Industrial production, indexes
22
Installment sales, New England. _
_.
27
Insurance, life
33
Interest payment
36
Interest rates.
32
Investments Federal Reserve member banks.
32
Iron, ore; crude; manufactures
22,49
Italy, exchange; United States trade with._ 33,37
Japan, exchange; United States trade with- 33,37
Kerosene
47
#
Labor turn-over, disputes
29
Lamb and mutton
44
Lard
44
Lead
52
Leather
22-24,28,30,47
Leather, artificial
58
Liberty bonds
35
Linseed oil, cake, and meal
40
Livestock
23,24,44
Loans, agricultural, brokers', time, real
estate
31,32
Locomotives
59
Looms, woolen, activity
58
Lubricating oil
47
Lumber
22, 24, 27-29,48,49
Lumber yard, sales, stocks
48
Machine activity, cotton, silk, wool
, 57,58
Machine tools, orders
51
Machinery
27,28,30,51,52
Magazine advertising
25
Manufacturing indexes
22
Marketings, agricultural
23
Maryland, employment, pay rolls
30,31
Massachusetts, employment, pay rolls
30,31
Meats
.
44
Metals
22-24,27,28,29,30,49-53
Methanol
39
Mexico:
Silver production
34
United States trade with
37
Milk
_.
42
Minerals—.
.
22,45,52
Money in circulation
34
National Industrial Recovery Act, highway
construction
25
Naval stores
39
Netherlands, exchange
33
New Jersey, employment, pay rolls
29-31
Newsprint
:
54
New York, employment, pay rolls, canal
traffic
28-31,38
New York Stock Exchange
35,36
Notes in circulation
32
Oats
43
Oceania, United States trade with
37
Ohio, employment
29
Ohio River traffic
38
Oils and fats
39,40
Oleomargarine
40
Page
Paints
41
Paper and pulp
22,23,28,30,53,54
Passenger-car sales index
26
Passengers, street railways; Pullman
37,38
Passports issued
38
Pay rolls:
Factory
29
Factory, by cities and States
30
Nonmanufacturing industries
30
Pennsylvania, employment, pay rolls
29,30
Petroleum and products,
22, 24, 28-30,46-47
Pig iron
22,49
Pork
44
Postal business
26
Postal savings
32
Poultry
23,44
Prices:
Cost of living, indexes
23
Farm indexes
23
Retail indexes
23
Wholesale indexes
24
World, foodstuffs and raw material
24
Printing
22,54
Production, industrial
22
Profits, corporation
34
Public
finance
34
Public utilities
29,36
Pullman Co
38
Pumps
51,52
Purchasing power of the dollar
24
Radiators
.
50
Radio, advertising
25
Railways; operations, equipment, financial
statistics
37,38,59,60
Railways, street
37
Rayon
57
M
Reconstruction Finance Corporation, loans
outstanding
34
Refrigerators, household
52
Registrations, automobiles
59
Rents (housing), index
23
Retail trade:
Automobiles, new, passenger
26
Chain stores:
5-and-10 (variety)
26
Grocery
26
Department stores
27
Mail order
27
Rural general merchandise
27
Roofing
41
Rice
43
Rubber, crude; scrap; clothing; footwear;
tires
22-24,28,30,55
Rye
43
Sanitary ware
50
Savings deposits
32
Sheep and lambs
.
44
Shipbuilding
22,27,28,30,60
Shoes.
22,24,28,30,47,48
Silk___
22,23,24,57
Silver
22,34
Skins
47
Softwoods
48
Spain, exchange
33
Spindle activity, cotton
57
Steel, crude; manufactures
22,49,50
Stockholders
36
Stock indexes, domestic and world
23
Stocks, department stores
27
Stocks (see individual commodities).
Stocks, issues, prices, sales
36
Stone, clay, and glass products
22,
23,27,28,30,56
Sugar
23,24,45
Sulphur
39
Sulphuric acid
39
Superphosphate
39
Tea
23,24,45
Telephones and telegraphs
38
Terneplate
51
Terra cotta
56
Textiles, miscellaneous products
58
Tile, hollow building
56
Timber
...
48
Tin and terneplate
23,24,51
Tires. _ .
22,24,28,30,55
Tobacco
22,25,28,30,45
Tools, machine
51
Trade unions, employment
29
Travel
38
Trucks and tractors, industrial electric
59
United Kingdom, exchange; United States
trade with
33,37
Uruguay, exchange
33
United States Steel Corporation
31,36,50
Utilities
29,30,34,35,36,41,59
Vacuum cleaners
52
Variety-store sales index
26
Vegetable oils
39,40
Vegetables...
23,42
Wages
.
31
Warehouses, space occupied
26
Waterway traffic
38
Wheat and wheat
flour
23,24,43
Wholesale prices
24
Wisconsin, employment, pay rolls
29,30,31
Wood pulp
53
Wool..
22,58
Zinc
-. 22,52
WORLD f TRADL
1
IATltDNAL
DL WLLK
- MAY 17 I 23, 1956 UNITED STATES DEPARTMENT OF COMMERCE
BUREAU OF FOREIGN AND DOMESTIC COMMERCE,
D. £. COVIRMIIMT PIIHTIHC OFFIMt f»»f