Full text of Survey of Current Business : November 1936
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NOVEMBER 1936 SURVEY OF CURRENT BUSINE UNITED STATES DEPARTMENT OF COMMERCE BUREAU OF FOREIGN AND DOMESTIC COMMERCE WASHINGTON VOL U.ME 16 NUMBER 1 1 The Past Decade . . . has witnessed a phenomenal growth in the manufacture of organic plastics and today such products have a varied and rapidly expanding use. . . . Production of synthetic resins was more than trebled in the 3 years 1932 to 1935 and during 1936 the rapid rise has continued. . . . Production of cellulose plastic products has followed a similar trend, although the expansion in the production of sheets, rods, and tubes (the raw material) has not been so rapid in recent years as the increase in synthetic resins. . . . These products are utilized in the manufacture of such widely diversified items as lacquers, safety glass, imitation leather, radio parts, automobile accessories, toilet ware/ and fountain pens. The article on page 14 by T. W. Delahanty, Assistant Chief of the Chemical Division, stresses the growth and importance of this relatively new development in the industrial field. 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 NOVEMBER 1936 Number 11 CONTENTS SUMMARIES AND CHARTS STATISTICAL DATA—Continued Business indicators Business situation summarized Graphic comparison of principal data Commodity prices Domestic trade Employment Finance Foreign trade Transportation Page 2 3 4 5 6 7 8 9 10 Review of the— Automobile and rubber industries Iron and steel industries Textile industries 11 12 13 SPECIAL ARTICLE Plastics—Products of ever-widening utility 14 STATISTICAL DATA New and revised series: New series: Employment and average hourly wages, class I railways, 1921-36; factory employment and pay rolls in Wilmington, Del., 1923-36 20 Revised series: Life insurance—new business written and prem i u m collections, annually 1913-22, monthly 1923-36 17, 18, 19 Weekly business statistics through October 24 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 Subscription price of the SURVEY OF CURRENT BUSINESS is 31-50 a year. Single-copy price: Monthly, 10 cents; weekly, 5 cents. Foreign subscriptions, $3, including weekly supplements. Make remittances only to Superintendent of Documents, Washington, D. C. Page 22 23 24 25 27 31 36 37 39 41 42 45 47 48 49 51 52 53 55 56 57 58 60 Inside back cover SUEVEY OF CUERENT BUSINESS November 1936 Business Indicators 1923-25=100 INDUSTRIAL PRODUCTION 125 FACTORY EMPLOYMENT AND PAYROLLS 125 \ 100 100 \ ^\ 75 1 EMPLOYMENT (Adjusted) * \ 75 L* 50 25 25 0 i w 111111 it i ii1 ii 1111 ii i 1 1 1 1 I1 1 M CONSTRUCTION CONTRACTS AWARDED 125 100 100 L.C.L. (Adjusted)-, 75 ^ 50 — i i n i | I I | i I i i i i i 1 i i i 11 11 1 1 1 M i l l FREIGHT CAR LOADINGS \ • PAYROLLS ^Unadjusted) 0 125 75 ^ \* \ Adjusted ® 50 <*~ ^ 50 TOTAL (Acfjus ted)* 25 25 RES/DENTtAL (Adjusted) 0 1 ! I 1 1 1 1 1 1 I 1I M 1 11 1 I I 1 I I1 i i 111 I M 11 0 i i I i I i 1 i i i i 1 i i I i i 1 i i I l i DEPARTMENT STORE SALES WHOLESALE PRICES 125 125 100 100 \ \ 75 75 TOTAL (Adjusted) 50 50 25 25 0 i i i I 1 1 i 1 1 1 1 1 1 1 ! 11 1 1 1 1 |||ih ii M n BANK DEBITS OUTSIDE NEW YORK CITY isor 125 125 100 TOTAL • \ 7 75 75 50 50 otl929'30 3r32'33 $ (Commercial) 1934 1 ,,, i, I,,, i ,T 1935 1936 ADJUSTED FOR SEASONAL VARIATION ^S^/^ <***+*** FARM PROOUCTS ii M I I I I II I i i I l i 1 i i l I i 1 1 1 1 1 1 1 ! 1 1 1 FEDERAL RESERVE MEMBER BANK LOANS* \ J \ 150 100 ALL COMMOLVT/ES s\ \ f ! ot_l I9Z9'3O'3I'32*33 * REPORTING MEMBER BANKS I I i 1 I ! i I i 1 1 II 11 1 1 1 I 1 1M1 1 1 1 1 I I 1 M l 1934 1935 1936 D.D. 8639 J.M. SURVEY OF CURRENT BUSINESS November 1936 Business Situation Summarized activity during October has been stimuBUSINESS lated by crop marketings, the seasonal rise in retail An extension of the increase in the output of the machinery industries is indicated by current data; sales, the revival of activity in the automobile manu- machine-tool production increased, although the volfacturing industry, and the rise in employment and con- ume of new orders was lower than in August. sumer income which normally occurs during this period. The most marked change in the October production Industrial production has been maintained at the rela- series was in the automobile industry, but here the adtively high level of September, the available data sug- vance was retarded by delays in resuming volume progesting but slight change in the seasonally adjusted duction after temporary shut-downs. Steel output index for the month. In September, the Federal Re- increased. Further expansion in the coal industry was serve's preliminary index of industrial production ad- one of the influences contributing to the extraseasonal vanced slightly to 109 (1923-25-= 100), as a result of rise in freight traffic during October; however, the the more than seasonal increase in mineral production. increase in loadings to a fall peak which is the highest The seasonally adjusted index of manufactures was un- since 1930 reflects more generally the broad improvechanged from the August figure of 110 which was the ment in business which has occurred in recent months. highest for the recovery period. Aggregate employment in September showed a large Changes in the seasonally corrected September pro- increase, in accordance with seasonal tendencies. This duction indexes for the major manufacturing industries rise was accompanied by an extension of the upward in general were not large. Pig-iron production in- trend of pay rolls. Increased employment was noted creased, but the decline in steel-ingot production in the construction industry, although the volume of caused the adjusted index for the iron and steel indus- new contracts awarded declined. try to drop for the first time since February. ExpanCash farm income in September increased over the sion in the textile industry approximated the usual August total, after seasonal adjustment, but was lower seasonal change; automobile production was about than in June and July. The October crop report of halved by the shift to new models, although the adjust- the Department of Agriculture stated that heavy rains ed index dropped only moderately; plate glass, cement, had caused a remarkable revival in the condition of and lumber production increased after seasonal correc- pastures, but had come too late to have much effect on tions; and there was a marked rise in cigarette output. this year's crop output. MONTHLY BUSINESS INDEXES Factory emFreightployment and pay rolls car loading i fact i 1 >tal fact 3 •a 9 e il V a 525 Monthly average, 1923-25=*100 1929: 1930: 1931: 1932: 1933: 1934: 1935: 1936: September September September September September September September October November December.- January February March April ._ May June July August September M o n t h l y average, January through September: 1934 1935 1026___ ! Cash farm income 3 3* 3 3 II il rts Tear and month MerchanTotal dise, I. c. I. Adjusted i Foreign rade, valu2 , adjusted its, o ork C adjusted 1 Retail sales value, adjusted ank Industrial production 4 f P Monthly Monthly 1929-31 average, average, Monthly average, 1923-25=100 = 100 1924-29=100 1926=° 100 113 T34TT 110 115 138.3 110 122.0 103.0 93.2 99 84.4 78 74 107.7 82 92.5 -0.5 70.0 85 71.2 45 55 84. 3 59 53.0 49.5 61.8 65.3 33 32 59.6 30 46.5 41.5 73.9 70.8 40 48 61.9 30 58.0 50.0 77.6 48 43 65.3 30 73.5 62.5 123 92 77 67 85 73 123 90 76 66 84 70 127 101 83 74 94 87 121 90 76 66 84 71 121 89 75 65 83 69 118 94 78 71 87 82 106. 3 87.0 75.2 61.8 78.0 74.0 112.9 84.1 63. 4 42.7 58.8 57.6 106 87 69 54 60 59 106 i 95 85 69 68 64 90 97 97 96 89 96 98 95 92 100 95 96 91 95 96 101 92 95 97 101 87 93 92 101 81.9 83.7 84.8 85.6 71.7 74.3 73.7 75.6 62 64 66 71 65 64 64 66 104.8 104.6 103.7 109.8 50 48 62 56 53 58 52 58 76.1 85.4 84.6 94.7 43 48 60 67 76.5 95.0 79.0 72.5 66.0 69.0 19.5 67.0 80.7 80.5 80.6 80.9 95 95 96 103 105 104 104 106 107 95 93 97 105 105 105 105 106 107 99 106 89 94 100 100 101 104 109 97 94 93 ICO 101 104 108 108 109 96 92 93 100 101 105 109 110 110 103 110 95 105 101 99 101 98 101 84.8 83.8 84.2 84.9 85.8 86.3 87. 7 88.9 88.9 71.9 72.0 75.5 70 70 66 69 70 70 73 70 72 64 62 62 63 64 66 67 67 67 96.3 93.0 106.7 109.9 113.3 112.4 114. 7 111.9 123.6 51 53 51 53 56 55 54 51 55 57 60 55 58 58 62 65 62 70 88.7 80.0 90.6 88.7 86.2 95.7 94.4 86.7 89.2 61 52 47 47 46 52 59 62 61 65.0 53.0 59.5 58.5 64.0 69.5 84.0 75.0 89.0 66.5 63.0 67.5 69.5 72 5 80.6 80.6 79.6 79.7 78.6 79.2 80.5 81.6 81.6 81 88 102 80 88 102 86 89 100 62 62 70 66 64 65 74.6 86.9 98.7 46 41 51 43 52 61 68.9 77.7 88.9 33 32 53 53.8 58.0 68.6 1 1 Adjusted for number of working days. 1 77.2 78.5 78.7 77.8 81.1 81.0 87.9 i 61.6 81.3 ! 67.9 85.9 i 77.1 2 Adjusted for seasonal variation. sao 88.0 74.5 77.5 s From marketings of farm products. 74.4 79.8 80.2 SURVEY OF CURRENT BUSINESS November 1936 Graphic Comparison of Principal Data F/RST 3 MONTHS Y/////TA REMAINDER OF YEAR BANK DEBITS OUTSIDE NEW YORK CITY — (B/LL/ONS 50 0 \l )0 l( 2(30 2 50 1936 1935 1934 1933 1932 1929 1929 3 00 1 0 1936 1935 1934 1933 19 32 OF DOLLARS) CONSTRUCTION CONTRACTS 2 s IHI 3 — (BILLLOA/S OF DOLLARS) 4 5 mm / / /.'///A ] 777\ STEEL INGOT PRODUCTION — (MILLIONS OF TONS) 10 0 20 30 40 50 19 36 1935 1 9 34 1933 1932 — 19 29 - P777I AUTOMOBILE PRODUCTION--(MILLIONS OF CARS) > D 19 36 1935 1934 1933 ! 932 1 SI 1929 = 0 19 36 19 35 19 34 1933 1932 1929 FREIGHT CAR LOAD IN GS — (MILLIONS OF CARS) 4<3 30 I0 20 L. 50 ,.. . ., D.D. 6638 JM SURVEY OF CURRENT BUSINESS November 1936 Commodity Prices T HE 6-year high reached in August by the Bureau corn, hogs, lambs, butter, and cheese. Feed grain of Labor Statistics monthly index of wholesale prices declined following general rains in September. prices was maintained in September, and the weekly Continued early marketing of hogs, however, with figures for the first half of October indicate little change. seasonal declines in price is expected by the Bureau of Prices of raw materials and semimanufactures were 6 Agricultural Economics, which also forecasts rather and 2 percent higher, respectively, in September than sharp advances in prices of cattle by November. a year earlier, but prices of finished products were 1 Butter and cheese prices declined slightly from midpercent lower. September and mid-October, though egg prices have Of constituent groups and subgroups, the monthly been strong. The Bureau notes the relative strength wholesale indexes of chemicals and drugs and hides of cotton but the weakening of United States prices of and leather showed the greatest increases for Septem- hides, coffee, rubber, sugar, and burlap which accomber as compared with August. After rapid advances panied the recent depreciation of currencies in France, in August and early September, prices of meats deItaly, Switzerland, Netherlands, and Czechoslovakia; clined sharply through the first 3 weeks of October. it notes also that the movement of wholesale prices The indexes of farm products and foods advanced generally in the major foreign countries was upward in moderately from August to September; farm products September. advanced further during the first half of October, but The slow but persistent rise in the cost of living foods dropped sharply by reason of the decline in meat index continued in September, according to the Naprices. Prices received by farmers appear to have declined tional Industrial Conference Board. The Board's index slightly from mid-September to mid-October according has advanced 3.9 percent in the past year, though it is to the Bureau of Agricultural Economics. Small ad- still 15 percent lower than in September 1929. In vances in prices of wheat, cattle, and potatoes were September retail prices of food rose 0.3 percent; rents, not sufficient to offset decreases in prices of cotton, 1.3 percent; clothing, 0.5 percent; and coal, 1.1 percent. INDEXES OF COMMODITY PRICES Wholesale Prices (Department of Labor) 1 Economic classes! Retail Prices I Groups and subgroups n 5 8 3 I i 1 G CM if « LIU 1 13 1I e i q s 1 r I§ !© ft 1 "33 3 1 95.0 80.4 75.9 70.4 74.8 80.1 98.9 82.1 02.7 50.2 01. 73. 9 94.5 1100.0 77.7 85.3 00. 7 00.5 00.7 4P.1 57. 0 73.4 80 80. 51 80 61 80.9| 83.1 82.7 82. 77 3 77. \ 77.2 77.7 74.4 70. 3 70 2 75.2 79 5 78 2 ! 77 5! 78.3, 80 6 80.0 79. 7| 78.0! 79. 2 80. o 81.0 81.6| 82.4 82.2 81.3 81.0 80.5 80.7 81.0 82.4 82.3 78. 1 79. 1 77.4 77.0 75.8 77.0 79. 8 81.5 8.1.8 74.8 74.6 74.4 74.5 74.1 73. 9 75.2 75. 0 75.9 78 "9 70 70 74.41, 77.9 80.2:1 81.7 07.5 76.9 78.7 73.2 63.5 70.4 69.1 60.8 78. 5 80.6 75.5 73.0 88.1 81. G 87.2 73.9 69.51 85.1 80. 2j 73.4 87. n SO. 01 80. 3! 70.2 68. 72.8! 78.9 83.1 j 83.2! 93. 9j 74.8 79.8!! 82.6!! 81.4 88.5; 79.1! 80.1 79.4' 70.1' 94. 71 81. 41 86.7: 70.6! 69. 5i 79. 61 79. S| I 82.1 1 Revised. See p . 20 of the N o v e m b e r 1934 issue. IH.ll 99. 21 73. 0 37. 1| 01. S1 CO. 9, 03. 9M 04.'I1 51.5 88. Ill 76.11 70.0 83 5 I 86.1,1102. SO. 4, 85.0 j a 7 85 1 I 94 77 76. f>| 85.7! 97 2' S3. 5 I 5 S3 2 " 5 SO. 89. 7 9 73 9 I HO. 2 "0.6! i 7S. 01 78. 1 '3. Oj I 79. 9 ! 81 3 8F. 91 81 41, 83 K 102.4 I b'*. Ill 84.0: 10*4 0 I 83. 311 2 Middle of month 95. M {•7.11 '.0, ' ~ 70. _ . 85. 6 9 5.7 82.7 110.01 ST. 2 79.0 99 2| 70.31 07. i Sf.O! 72 M 70 * 72. 2\ 72.7 70. 4 70.5 74.0S4 li <*() 273. 0| 81. !| 73. 4| 7KA 81.2 74 5| 7S*7 SO 61 74. 0j I 78 S 80 5 79 0 80 1 70. I 78 9 70. 2 7S. 0 j 7o. 4 78. 8 I 70 0 7 S . s | N r /. S, 70. 1 79. 5 so 7 9. 4 70 ? SO.'Ji •() 8 7o. 3 79! 6 57.1 81.7, 76.1 85.9 ^,. \ S5 8 S5 5, 111 82 via Dec. Mo. Mo. Mo. 1930 average average average (Jan. 1923= 1909-14 L923-25 1931) =1 100 = 100 -100 100 90.1 84. 4 71.2 05. 3 70.8 77.0 77. Oj| 89. 5j 4 4 . 2 l | 7 3 . 71 SS •b Monthly average. 1920-100 1920: September 1930: September 1931: September 1932: September 1933: September . 1934: September 1935: September October November.. . December 1936: January February March „ April „ May June July August September Monthly average, January through September: 1934 _ _. 1935 1930 II •o 3 TO rod «® Is s *s Finisshed Year and month T3 3 © Farn | imai si etal dex, otatio G 94 3'1OO * SQ. si M . I 92. 11 S9.0 S9.0 . .._ 92. 1 "-2 7, V.9 1 , 0 k 5 | OS. 2 81.8' bo. 0 71.1 90 9 ( Y>, 0 95. (1 95. 4 97 1 90 1 94. 9 'A f 94.0 <RS 'M. 41 (H.f 94. 6 j This is a new series, see p. 23. 70.2 101.11 80*. 11 7fi.fi I 80^8 150 120 80 00 80 103 108.0J 98. 3 80.6 60 7 71.9 80.1 87.4 73. 6 86.0 87.7 71 * 72 9 73.4 73. 2 0' 67 5 07.4 67.5 82,7 83. 0 83 4 83 9 107 10& 108 110 80.1 80. 5 81.5 82.0 86.6 87.6 88.0 88.2 80. 7 71.7 71 0 .4 80 0 70. S 5 80 0 70.2, 09. 8, ',9 71 •0 9 70 5 4| 87.1 70 9| 71 S6.S T). Si 67 8 08 r 83 9 W 35 83.2 83 4 83.8 85. 1 85*. 0 85. SI 109 109 104 105 103 107 115 124 124 81.7 80.6 79.5 79.7 79. 9 83. 8 84. 0 84.0 84.3 88.3 88. 3 88. 1 88. 1 88. 1 87.9 88. 1 88.5 89.3 79.1 82.3 84.4 87 107 111 73.6 80.1 81.9 88.0 86.1 88. S SO. 0 80. o! 0 80 9l 0| S0.8j 1 fit). 7" 71.0 n.i Lndex is as of the 1st of the following month. SURVEY OF CURRENT BUSINESS November 1936 Domestic Trade sales during the opening weeks of October RETAIL - have been relatively satisfactory, according to The rise in rural sales of general merchandise in September was of unusual proportions. The seasonavailable reports, with marked gains over a year ago ally adjusted index reached 123 (1929-31 = 100), a reported in many lines. With improvement in basic figure which has been exceeded in only 8 months since economic conditions in recent months the outlook for 1928, all of them being in 1929. While the drought the current quarter, when general merchandise sales may have exercised a hampering effect on retail trade reach a seasonal peak, is considered favorable. Ac- in some areas, aggregate cash farm income during the tivity in wholesale markets has increased in anticipa- third quarter, seasonally adjusted, was about 8 pertion of the enlarged requirements of retailers between cent larger than in the second quarter. This continued expansion in farm income has no doubt been now and Christmas. the major influence in the further rise in the volume of Keports at hand on the dollar volume of retail sales sales in rural areas. in September reveal an increase of more than seasonal Preliminary totals from the 1935 census of retail proportions in comparison with the August results, distribution have recently been announced by the but the aggregate did not reattam the July peak, after Bureau of the Census. While a complete resume of proper adjustments for the usual seasonal changes. the results in comparison with those of 1929 and 1933 As may be noted from the table below, the August to is expected to be given in a special article in the September gain was relatively small for department and December issue of the SURVEY, it may be stated that variety stores, but the increase in rural sales of general the 1935 total was $32,790,000,000, an increase of 31 merchandise was so large as to advance the seasonally percent over the 1933 total of $25,037,000,000. Sales adjusted index for such sales to a new high for the were about one-third less in dollar volume than in recovery period by a substantial margin. 1929. The preliminary census total for 1935 was less In all the Federal reserve districts, sales of depart- than 1 percent above the estimate given in the March ment stores were larger in September than in Sep- 1936 issue of the SURVEY. tember 1935 and results were not so diverse as in the Data available at present indicate that the dollar preceding month. With total sales up 14 percent, the volume of all retail sales so far during 1936 has expercentage increases, by districts, ranged from the ceeded that of the corresponding period of 1935 by 8 percent reported for New York to the 21 percent about one-eighth, but with the relative increase in reported for the Atlanta district. recent months more pronounced. DOMESTIC TRADE STATISTICS Wholesale trade Retail trade Department stores Year and month Chain-store sales Stocks * Sales Unad- Adjust- justed » ed » Unad- Adjust- justed i ed ' Monthly average, 1923-25=100 1929: September 1930: September 1931: September 1932: September 1933: September 1934: September 1935: September _. October. November December. 1938: January February March April „ May June July August September Monthly average, January through September: 117 103 88 71 86 86 91 145 113 99 85 67 68 74 104 95 84 63 73 67 81 78 65 66 65 65 65 64 02 64 i 1 Corrected to daily average basis. Combined index* 1 Rural sales New passenGenera! mer- ger-car sales Variety stores chandise Unad- Ad- Unad- Ad- Unad- Adjust- just- just- just- just- justed i ed » ed i ed J ed i ed » A vg. same mo. 192931 = 100 Monthly average, 1929-31 = 100 83 88 95 102. 6 92. 5 88.1 78.0 82.5 85.5 107. 4 96. 9 92. 3 81.7 86.4 89. 5 133. 0 92. 3 69.3 61.2 73. 2 97.9 134. 4 93.2 70.0 61.8 73.9 93.8 98 100 100 103 87.7 93.4 95. 1 178.4 91.8 92.0 93.7 96.7 103. 7 127. 6 127. 6 155.9 104. 8 104.6 103. 7 109,8 97 99 101 102 103 10S 67. 73 80. 79.9 84.2 99. 2 105. 5 106. 5 106. 2 j 88.:;, I 96 2 j 96.3 93. 0 106.. 7 100.9 113.3 112.4 114.7 111.9 123.6 109 110 90.8 88.0 93.3 95 2 96. 8 i 96.8 9S. 104.0 97. 2 109.2 86 E 97.7 98.2 102.8 104 81.6 I _ 81.7 j 88.3 ! no 1934 f 1935 1936 * Series revised. See note on p. 32. 100 91 81 60 70 64 64 66 83 Commercial failures » Adjusted for seasonal variations. ! | ' 72.4 ! Sfi.O ' 9S.7 * End of month. 133.8 | 141.5 78.7 82.0 47.2 49.0 30.5 31.0 51.2 52.0 51.9 53.0 50.1 53.3 96.6 90.6 j ! I ! 69.3 65.5 117.8 142.3 138. 6 139. 3 117.3 92.9 70.9 | I Pay rolls Failures Liabilities Monthly average, 1929=100 Number Thousands of dolls. 101. 9 94.4 85.1 75.6 80.3 83.5 103. 3 92.8 79.5 60.1 58.7 63.6 1,075 771 16,663 15,552 79.0 82.0 113.5 106.5 83.7 85.7 86.4 67.2 66.8 66.9 68. 6 787 1, 056 898 910 17, 002 17,185 14,384 15, 686 102.0 89. 5 101.0 93.5 93.5 109.5 104. 5 92.0 S3.0 85.6 85. 0 85.6 85.7 84. 6 84. 6 85.4 86.2 87.7 66.6 66.6 69.0 67.9 68.2 68. 4 69.0 69. 6 70.6 1,077 856 946 830 832 18,104 14.089 16.271 14.157 15, 375 9, 177 9. 904 8.271 9,819 82.1 83.2 85.6 62.4 64.9 68. 4 986 961 ! 64.0 ! 84.9 106.0 : Employment * See note on p. 26 of this issue. 639 655 586 20, 208 15,084 12,796 SUEVEY OF CURRENT BUSINESS November 1936 Employment in the industries surveyed monthly EMPLOYMENT by the Bureau of Labor Statistics increased in f September in accord with customary seasonal tendencies. This was the sixth consecutive monthly gain. The Department of Labor reported that "comparisons with September 1935 show an increase of more than 1,000,000 workers in these selected industries and a rise of nearly $32,600,000 in weekly wage disbursements. This means that approximately 6,000,000 more people are in all types of regular employment other than agriculture now than at the low point of the depression in March 1933." In manufacturing industries, about 142,000 more workers were employed in September than in August, and about 230,000 additional employees were absorbed by nonmanufacturing industries. The Federal Reserve seasonally adjusted index of factory employment at 88.9 (1923-25 = 100) was unchanged from the August figure. In industries manufacturing nondurable goods, employment was at the highest level since February 1930, and was above the average of the 1923-25 period by a narrow margin. The number at work in durable goods industries showed a smaller gain over the month interval, and was the largest since September 1930. Of the 90 manufacturing industries from which data were collected, 69 reported a larger number of workers in September than in August. Those in which the gains were of larger than seasonal proportions included, among others: Lighting equipment; hardware; hot-water heating equipment; blast furnaces, steel works, and rolling mills; foundries and machine shops; steam railroad repair shops; and sawmills. Contraseasonal gains were reported for carpet and rug firms, shipbuilding, millwork, and cement manufacture. The most pronounced decline reported among the manufacturing industries was that in automobile manufacture, many plants being temporarily closed while preparations were made for the production of 1937 models. In the woolen and worsted goods industry a decline instead of the usual seasonal rise was reported. Twelve of sixteen nonmanufacturing industries covered reported increased employment in September, and four experienced slight declines involving in the aggregate only 1,400 workers. The large increase reported for retail trade was slightly more than seasonal. Employment in wholesale trade, coal and metalliferous mining, building construction, and dyeing and cleaning establishments also increased. The number of workers placed in private jobs by the United States Employment Service in September totaled 167,790, the largest for any one month since the figures first became available in 1933, with the exception of the April-June period of 1934. Placements on publicly-financed projects declined, but were still considerably larger than placements in private employment. STATISTICS OF EMPLOYMENT, PAY ROLLS, AND WAGES Factory employment and pay rolls Employment Year and month Pay rolls l-nadAd- TTn adjusted justed' justed Nonmanufacturing employment and pay rolls (Department of Labor) Anthracite mining Employment Pay rolls Bituminous coal mining Employment Monthly average, 1923-25=100 1929: September—. 109.0 1930: September— 89. 6 1931: September...1 77.4 1932: September-. 63. 3 1933: September...80.0 1934: September..75.9 1935: 83.7 September 85.3 October 85 0 November 84.6 December 1936: 82.9 January 83. 1 February 84.1 March April 85.1 May 85.7 June „ 86.0 July 86.8 89.0 August 90.6 September--, Monthly average, January through September: 1934 79.2 1935 81.3 1936 85.9 Pay roils Wages Electric light Telephone and power and teleand m a n u graph factured gas EmEmployploy- Pay m e n t rolls m e n t Monthly average, 1929=100 106.3 87.0 75.2 61.8 78.0 74.0 112.9 84.1 63.4 42.7 58.8 57.6 101.9 93.8 80.0 55.8 56.8 56.9 103. 8 91.6 64.9 47.0 60.7 47.0 97.2 90.5 80.4 62.4 71.8 78.2 98.6 74.9 53. 6 30.2 44.1 51.4 81.9 83.7 84.8 85.6 71.7 74.3 73.7 75.6 46.0 58.8 46.6 57.3 38.2 55.9 28.4 55.4 77.1 74.3 76.1 79.1 60.1 69.8 65.5 69.5 84.8 83.8 84.2 84.9 85.8 86.3 87.6 88.9 88.9 71.9 72.0 75. 5 77.2 78.5 78. 7 77.8 81.1 81.0 59.1 61.2 52.5 49.8 54.9 51.2 48.4 41.1 47.6 54.4 76.7 42. 6 28.6 56. 3 42 0 37.2 31.4 34.9 79.8 80.2 80.4 77.5 76.2 75. 7 75. 5 76. 8 78.1 61.6 I 67.9 I 77.1 I 59.4 52.9 51. 8 57.7 47.8 44. 9 76.4 76.7 77.8 * Adjusted for seasonal variation. 2 http://fraser.stlouisfed.org/ National Industrial Conference Board. Federal Reserve Bank of St. Louis 105. 5 106. 6 105. 2 106. 1 94.3 94.7 74.7 81.0 71.8 80.3 79.3 85.8 102. 5 96.8 85.0 77.4 68. 3 70.9 86.9 87.4 87.6 86.8 84.5 84.4 83.4 86.0 70.4 70.0 69.8 69.6 70.6 78.4 70. 2 62. 6 62. 2 61.5 62 6 65. 8 71.0 86.1 86. 1 86.8 88. 0 89. 0 90. 3 91.7 93. 5 93.4 84.8 84.7 85.9 86.2 87.0 88. 1 89.8 89.9 90.6 70.1 69. 9 70.2 70. 8 71.6 72. 1 73. 1 73.5 73.7 53.0 54.9 67.2 83.4 83.9 89.4 77.4 80.3 87.4 70.4 70.2 71.7 3 Beginning 1934 data compiled from Public Works projects, prior years from Federal aid and State projects. 8 SURVEY OF CURRENT BUSINESS November 1936 Finance October 13 the Secretary of the Treasury ONannounced that the United States, Great Britain, and France had agreed on an arrangement providing for the stabilization of their respective currencies in line with their announcements of September 25 The United States agrees until further notice to sell gold at a specified price (although subject to change) to the stabilization funds of those countries which, through their own funds, agree to sell gold to the United States. The announced step followed the devaluation of the French and Swiss francs and the Italian lira and the depreciation of the Netherlands florin. It involves the removal of restrictions which had virtually prohibited gold shipments from the United States to countries which are not technically on the gold standard. Among the assumed effects of the recent action will be a reduction in the volume of international gold movements. During the past 2 years, political and financial uncertainties in the gold-bloc countries have been the major factors periodically influencing heavy movements of capital, through gold transfers, from Europe to the United States. The heavy inflow of gold during the month ending October 21 and the continued Treasury disbursements of funds with the Federal Reserve banks have increased the excess reserves of the member banks from $1,743,000,000 to $2,127,000,000, while at the same time the total volume of Reserve bank credit outstanding decreased by $10,000,000. Total loans and investments of the weekly reporting member banks during the month ended October 14 decreased $46,000,000. Security loans fell $75,000,000, while "other loans", including commercial loans, rose $111,000,000. The latter have risen each week from the end of July, when the seasonal rise of commercial loans got off to an early start, but the amount of the increase this year has been particularly significant. In its September Bulletin the Board of Governors of the Federal Reserve System summarized the results of a recent survey of the growth and distribution of large deposits of member banks. The survey covered the period from October 25, 1933, to November 1, 1935, and showed a rapid growth in bank deposits during this period which was widely distributed among various economic classes of depositors, as well as regionally. The Board stated that "the growth of deposits of concerns engaged in trade, commerce, and industry, not only indicates that business has been building up large cash balances but also helps to explain the small demand for commercial and industrial borrowing at banks and also in part the small amount of securities issued to obtain new capital." Favorable corporate earnings reports for the third quarter have contributed to strength in stock quotations during October. Price rise was more pronounced in the industrial and railroad stocks than in the utilities. Bond prices have continued strong and new issues of quality have found a ready market at low rates of interest. On October 20 the Treasury announced that for the first time since 1928 tax collections in the initial quarter of the fiscal year passed the billion-dollar mark. The collections amounted to $1,009,994,623, an increase of $164,523,370over the corresponding months of last year. FINANCIAL STATISTICS Bank debits outside New Year and month York City Reporting member banks, Wednesday closest to end of month Loans "Othon er" 2 securi- loans ties ! Investments Federal Reserve bank credit outstanding, Net gold Excess imreserves ports I Money of inin mem- cluding circuber gold lation banks, released ;nd of from earmark 1 Savin gs deposits New York State Postal Savings Millions of dollars 1929: 1930: 1931: 1932: 1933: 1934: 1935: September. _. September September.._ September... September. _. September. __ 27, 274 21, 253 16, 627 11,767 12,215 12, 888 7,828 8, 476 6, 346 4,521 3, 887 3,160 3,357 5, 401 6,454 7, 916 8,210 8, 382 10, 757 September October November December 1936: January February March April May June ._.. July August September 15,016 16,844 16, 685 18, 676 3,095 3,006 3,108 3,274 3, 380 3,340 3, 401 3,401 3,128 3,117 3,313 3,304 3,486 3,319 3,173 3,177 3,242 3,304 3,?81 3, 495 3, 485 3,586 3,619 3, 600 3,749 3,949 17,499 15, 766 17. 867 17, 497 16, 998 18,882 18,617 17,106 17,592 I 1,458 1,103 1, 578 1926 = 100 5, 632 5, 427 4,457 4, 662 5,231 5, 282 5, 079 5, 145 100 190 470 859 1,189 1,193 J57.7 || 5,651 313.5 j 5,704 211.1 5.770 191.3 5,897 5,179 5,161 5,154 5, 137 1.192 1.196 1,199 1,201 11.0 f-.5 159 375 713 1,727 -258. 5 100 2 — 7. 4 -16.3 12,390 12,476 12, 480 12, 646 2,' 421 2, 464 2,477 2,482 2, 480 2,486 2,600 2, 970 3,100 2,844 12, 996 13,047 13, 229 13,452 13, 522 14,159 14, 084 13, 809 13,929 2,479 2, 482 2,473 2,475 2,474 2, 473 2, 462 2,470 2,473 3,084 I 43. 9 2, 986 -26. 1 2. 305 6.4 2, 664 27, 9 2,866 166. 7 2 717 253. 0 3,029 j! 17. 7 1,950 ! 55. 5 1,840 !l 142. 9 'Net exports indicated by (—). 5 Stock prices (419) Standard Statistics 4,811 4, 493 5,133 5, 685 5,757 1 5.177 5, 779 5,177 5, 204 5, 857 5,892 5,175 5, 165 5,918 6, 062 5,210 6, 203 5,197 6,191 5.197 5,223 6,25S 1,208 1,214 1,216 1,215 1,214 1, 232 1, 244 1, 249 1,251 148.8 85.4 58. 4 75. 5 67.4 85.0 I! 85.2 ! 93.3 ! Bond prices, New York Stock Exchange (domestic) Dollars I Tbous.j of dollars ! Dollars I! Percen 95. 58 !1,300,782 98. 83 I 374,963 88.34 221.057 83.93 I 68,515 85. 82 64,197 90. 05 39, 293 2. 95 2. So 2.18 92.65 92.84 93.69 172,745 ! 148.462 ! 119,794 ! 221,207 | 1.34 1.35 1.40 1.41 96.16 97. 22 97.26 96.69 97.38 115,253 I 106,739 129,527 !, 176,672 II 111,571 !i 217, 270 102 769 216,510 178,989 1.42 1.45 1.46 1.47 1.50 1.51 1.58 1.64 1.67 95.3 11 94.47 100.1 106.1 108.7 108.9 101.0 105.6 109.2 113.0 114.1 New capital issues Average Interest divirates, dend comper mercial share paper (800 (4-6 com- months) panies) 97. fiS 9S 19 98. 81 99.27 Note that this column has been changed. See p. 32 for figures excluded. 6H 3 2^ LOG 1.23 1! || |j II i| !j u H H H 9 URVEY OF CURRENT BUSINESS November 1936 Foreign Trade increase in the value A MORE-THAN-SEASONAL of exports and a contraseasonal increase in value of imports in September brought our trade to the highest level reached in any September since 1930. Compared with September of last year, exports of United States merchandise were 11 percent larger in both value and quantity, while imports for consumption were 29 percent larger in value and about 22 percent larger in quantity. Exports of agricultural products in general followed the usual seasonal pattern and increased over August, although exports of a few such products were not so large as in September of last year. Approximately two-thirds of the gain in exports compared with September 1935 was due to an increase in exports of unmanufactured cotton and of machinery. Exports of unmanufactured cotton increased from 267,163,000 pounds valued at $31,817,000 in September 1935 to 306,090,000 pounds valued at $38,221,000 in September of this year. "In addition to an increase in exports of electrical machinery, office appliances, and printing and bookbinding machinery, there were increases in exports of industrial machinery from $9,228,000 to $12,298,000, and in agricultural machinery, including implements, from $2,713,000 to $3,806,000. Import gains over September 1935 were distributed over a wide range of commodities, with approximately half the increase accounted for by the larger value of imports of crude rubber, sugar, paper and paper materials, unmanufactured tobacco, and grains. Crude rubber imports increased from 79,984,000 pounds valued at $8,929,000 to 112,074,000 pounds valued at $17,337,000; sugar imports increased from 262,315,000 pounds valued at $6,731,000 to 486,091,000 pounds valued at $14,394,000. Among imports to show a decline, on the same comparative basis, were tallow, vegetable oils, coffee, petroleum products, copper, tin, and coal-tar products. The continued upward movement of foreign trade in September brought exports in the first 9 months of 1936 to a higher value than in any corresponding period since 1931, and imports to a higher value than in any corresponding period since 1930. Compared with the first 9 months of 1935 there have been particularly large gains in exports of nonmetallic minerals, metals and manufactures, and machinery and vehicles. During these 9 months there have been substantial increases in imports of raw materials to meet the expanding needs of our domestic industries. Noteworthy increases have occurred in imports of undressed furs, hides and skins, ferro-alloys, tin, nickel, unmanufactured wool, and paper base stocks. Increases in imports of precious and imitation stones, art works, linen manufactures, and liquors are also the result, at least in part, of the improvement in our domestic economic situation. EXPORTS AND IMPORTS Indexes Year and month ! j | ExValue Vaiue ! ports, ! of of i i n total total i cludexim- | i n g ports, ports, reexad- ad- Finished manufactures Crude materials | 1 Total | Total | ports Eaw cotton Foodstuffs, total Mont! l \ ? i^e, i J - 2 " 100 e "l ,r 52 - d U ^ ' U" l'i Jctobor \ o v ( " ner_ December 10 is . . January February... March. April July August ._.September _ ..... C iim ulat i v e, J fin unry through September: 1934 1935 1936 1 t 7 2 -U2 2 1 0 2 i J2 0 Iff; 1 1 i\ ', ,s 1 . "• ( i n ' i ' i h ' i 53 51 53 56 55 UNO 'SI 8 194.8 192.6 57 no 55 3 40 1'1 «. .'07 9 177 1 2 112 > "I j ^ \ 129 "i r . 7 " ii 17 1 <>$ ' 1-s i {< i 1% 5 21R I | 266 7 22J.0 195.1 179.2 192.1 189.4 106 9 ISO. 6 176. 4 1/5.6 1,536.0 1,536.9 1,702.8 I 3 40 Adjusted for seasonal variations. 101104—36 2 2.1 2 269 3 62 56 51 Semimanufactures Total AutomoMa- biles, chin- parts and ery accessories Total Finished Crude Food- Semlmanma- stuffs manufac- ufacterials tures tures Millions of dollar^ 110 ,0 Imports J Exports of United States merchandise 68 7 ^2 f> M2 7 59. 8 50. 1 44.5 40.4 42. f, I 39.3 i 30. -i 3S. 1 7,'. 8 7'> 1 , !;- ) i ,0 ') -to. 0 I2 1 :o 1 is 7 20 1 i" ^ ^2 2 21 3 29 7 3 3 31 x 1 n9 2r 7f 1 1 :,c.8 ! 35. 7 26. 6 26. 3 22.8 22.9 19.7 10.8 12.4 38.2 443.6 || 255.1 404.9 || 213.3 418.0 II 215.4 I 10 '» 1 ,') » 171.0 145. 8 150. 2 252. 3 253. 5 289. 5 3 "1.3 226. i 170 \ i's.. i ] 16. C) 119.9 1GS.7 189.7 162. 8 179. 6 55. 4 46.0 55-7 186.4 189.6 194.3 199.8 188.4 193.fi | 196. 5 200.1 218.4 M 93 86. '2.0 13.3 14.1 21.9 19. 7 90. 86. 98. 101 103. 92 97. 85. 89. !5. 5 24, 6 27.9 30.7 96 6. 0 29. 3 25.2 27.3 22.1 22.1 24.0 23.0 22. 5 19. 1 16.9 12.4 12.5 160.0 194. 0 154.4 171. 8 174.6 669.2 732. 6 845,1 122 1 75. I 52 9 33. 16. 8. 4. 8. 14. 0 General imports through December 1933; imports for consumption thereafter. 1,222.4 1,507.9 1,7(17.0 4s. 3 3s. 6 1 .2 .r. 1 .,1 3 ii. 2 70 '1 '! 0 ,;-) 3 1 1 f> !l! J S5. 6 61 S 52. 0 2") 3 : ,. (5 11.4 51.7 43.9 44.8 38.4 38.6 36.3 42.8 3«. 0 44.0 36.6 36. 3 58.4 58.6 57.7 62.1 55.1 54. 6 56. 0 61.7 69.4 55. 3 60.3 63. 6 65. 7 55. 8 59 0 59.3 (ii! 2 39.7 40. t 36. 1 37. 6 3K. 5 43. ! 42^7 40.8 40. 8 33.0 30.6 36.8 34.4 39.1 37.0 38.6 41.4 4-f. 9 356.5 425.8 533, 7 375.5 501.8 53-) 4 232.7 291. 7 ;?5t>. 3 257. 7 288. 6 334. 7 pg 0 3 Monthly average of unadjusted indexes. 10 SUEVEY OF CURRENT BUSINESS November 1936 Transportation T HE freight-car loadings record this year as compared with earlier years of the recovery has been unusual in two respects—the sharpness of the gain from 1935 and its inclusive character. Total loadings have been increasing annually since 1932, but 1936 is the first year that the increase has extended to every class of freight distinguished in the weekly reports. Hitherto the annual gains have been confined largely to loadings of coal and coke, ore, forest products, and miscellaneous products, all of which were at their smallest post-war volume in 1932 and, on an annual basis, have expanded continuously since then. This year, however, according to reports of the Association of American Railroads through October 17, increases have been recorded also in loadings of grain, livestock, and less than carlot merchandise, all of which reached their post-war low volume in 1935. Since July grain loadings have been running markedly lower than in the corresponding period last year, but all other classes of loadings continue in excess of the comparable 1935 record. For total loadings, the increase for the year to date (through Oct. 17) exceeds 3,000,000 cars. This gain, made in less than 10 months, is but slightly less than the aggregate increase in the three full years 1933, 1934, and 1935 combined. It is plain that the physical distribution of goods has been very greatly accelerated. On a relative basis, the aggregate for the year to date is about one-fourth larger than in the corresponding period of 1932, the poorest year on the record, and about one-third less than in 1926 and 1929, the best years recorded. Part of the loss from these earlier good years is, of course, traceable to diversion of freight from the railroads to trucks. Traffic in the remaining weeks of 1936 is expected to exceed the comparable totals of a year ago by a substantial margin. The Regional Advisory Shipping Board estimated that car requirements for that period will exceed those of the corresponding quarter of 1935 by about 10 percent. The third quarter estimate made by this organization in July proved very conservative, the actual gain over the third quarter of 1935 being 20 percent, compared with their 11 percent estimate. For the current quarter, gains are anticipated for all but 7 of the 29 commodities listed. Loadings of ore and concentrates are expected to show the largest increase (41 percent), and fresh fruits other than citrus fruits, the largest decline (13 percent). The third quarter was a period of profitable operations for the railroads, and the traffic outlook for the current quarter apparent!}7 assures substantial earnings for this period. Operating results for the third quarter have caused an upward revision of the estimates of 1936 earnings, and this has been one of the factors contributing to the rise in railroad stock prices during October. From the 1935 low the average price of the 20 stocks included in the Dow-Jones railroad group has more than doubled, and in October reached the best level since 1931. RAIL AND WATER TRAFFIC Freight-ear !oading;s F. R. Index Year and month Total I n adAdjusted 1 justed 1 Grain MerCoal Forest and Live- chanand prodprodstock dise Ore coke ucts ucts I.e. I. Monthly average, 1923-25 = 100 1929: September 1930: September 1931: September 1932: September 1933: September 1934: September 1935: September October November December.-1936: January February March April. May June July August 121 99 78 61 68 67 „_. __. _._ 70 I 73 I 67 | 62 , 135. 6 960.1 731.5 576. 5 641.8 625. 5 199. 8 167. 0 131.4 113.4 129.6 121.3 63.0 41.5 25.5 17.8 24.9 22.1 49. 9 45.4 37.1 36.8 31.0 33.8 30.9 28.3 25. 4 21.3 20.7 33.4 262. 2 244. 4 210. 3 171.2 168. 0 158. 5 68.0 47.3 28.4 62 64 66 71 657.1 720.5 635. 9 579. 6 117.6 143. 4 132.3 138.8 30.9 31. 6 27. 5 25.9 40.5 37.0 31.3 27.3 17.4 21.6 16.9 12.8 158.8 166.9 157.6 146.6 34.9 32.4 13.4 156.0 588. 3 627.0 i 192. 1 604.7 l 112.5 118.2 636. 2 119. 6 670. 4 114.9 696. 8 117.2 706. 4 129.7 740.2 142.4 785. 3 26.0 26.9 30 5 30.3 32. 3 34. 7 30.2 30.2 34.0 30.6 31.1 , 34.9 | 52.9 43. 3 31.8 13. 1 141.4 10.6 146.0 11.9 155. 6 12.4 161.8 12.3 158. 9 11.8 162.2 12.9 157.0 15. 4 165. 6 18.2 16-5. 8 32.9 29. 9 F 20 2 1 t0 8 17.5 12.6 155.0 20.6 13. 2 157.1 31.0 September 3a 1 34.7 122. 9 I 22. 6 62 ! 79 I 1 1 Thousands 106 87 69 54 60 59 Monthly average, January through September: 1934 1935. . 1936. Freightcar Mis- surplus cel- Thousands of cars 4 __ j ii 592. 6 671. 2 Daily average basis. Adjusted for seasonal variations. 3 Pullman passengers carried 6.1 38.3 23.7 5.2 5.6 5.7 6.0 8.9 37.4 50.5 52.3 54. 9 58.4 461. 1 386. 2 273. 5 209.9 229. 3 232.6 119 394 564 599 380 318 256. 9 287.5 256. 9 223. 1 208 252 271 215. 9 215. 6 254. 2 274.0 278.7 287.9 281.3 295. 2 315.9 231 171 205 179 185 170 147 146 125 223. 0 °2S 2 361 291 173 m 3 American vessels, both directions. * Average weekly basis. Financial statistics, class I railways Canal traffic Oper- Net rail- Sault New ating way op- Ste. York Panareve- erating ma 3 nues income Marie State Thousands of dollars 3,031 560,701 2, 517 462, 209 1,969 346,340 1,339 269,533 1,392 292,159 1, 354 275,540 Thousands of short tons Thous. of long tons 132,291 102,852 54,495 48,947 60, 609 41,713 13,356 10,347 7, 126 3,807 8,453 6,145 389 458 587 478 517 465 1,194 1,040 884 638 961 1,045 1,364 1, 278 1,246 1,409 306, 946 341. 018 301,331 296,225 57, 349 75, 425 54,234 46, 040 7,148 7,454 4.087 439 574 800 655 0 907 983 843 852 1, 533 1,359 1,312 1,353 1, 295 1,430 1,516 1, 565 299, 099 S90, 459 308, 304 313,410 320, 966 330,692 349. 744 350,585 357,207 35, 765 33,595 35, 206 41, 548 41, 842 50, 313 61, 774 64, 681 70,106 0 0 0 37 8,710 9,835 10,951 10, 699 11,041 0 0 0 228 568 616 738 605 775 813 981 1,023 940 989 976 1,058 1,054 1,260 1,131 1, 421 273 797 279' 086 325 607 38.287 35 689 48 321 5,719 6, 052 8, 546 5 479 5 492 5 551 957 842 957 6 5 Average, April—August. 6 8 months' average. 11 SURVEY OF CURRENT BUSINESS November 1936 Automobiles and Rubber in the automobile industry DEVELOPMENTS during the past month have centered around the corresponding period of 1935, and the gain was confined entirely to commercial vehicles. This export inauguration of the production of 1937 passenger-car demand has been one of the factors contributing to models. By the middle of October most of the major the record output and sales of such types this year. producers had their assembly lines in operation and Retail deliveries of cars may not turn upward in the production totals were moving rapidly upward. October, since a large proportion of the current month's The acceleration of production was retarded to some output will be required to stock dealer organizations. extent by the fact that one of the three leading manu- Formal introductions of most of the leading makes of facturers did not resume the assembly of cars until passenger cars are scheduled just prior to the National the latter part of the month. The delay experienced by Automobile Show in New York which opens on some companies in getting new model assemblies under November 11. Announcements made to date conway has made it difficult for the usual sources to esti- cerning the new models reveal that price changes will mate the probable domestic output for the month, not be a major sales stimulus in the initial drive for but it may not exceed last October's 272,000 units. business, although price reductions have been anFinal figures on September factory sales show a nounced on a number of makes in the medium-price total for the United States of 135,130, or 47,590 more group. than were produced in September 1935, the low month Manufacturing activity in the rubber industry was of the preceding year. The drop from the August maintained at a high rate during September. Crudefigure of 271,291 units caused a moderate reduction rubber consumption by manufacturers was higher than in the seasonally adjusted production index. Of the in August, on a daily average basis, and was onetotal of 4,407,926 motor vehicles sold by factories in fourth above the September 1935 rate. Tire shipthe model year ended in September, 31311,146 were ments for September followed the downward movepassenger cars and 796,780 were commercial vehicles, ment of automobile production but no doubt continued trucks, and road tractors. Sales increases were prin- substantially in excess of the comparable 1935 total. cipally in the domestic market; sales in foreign markets, For the first 8 months of the year total shipments by as indicated by reports to the Bureau of the Census, manufacturers are estimated by the Rubber Manuincreased only slightly during the first 3 quarters of facturers Association to have been 9.6 percent above the present calendar year in comparison with the the total for the first 8 months of 1935. AUTOMOBILE AND RUBBER STATISTICS Automobile exports Automobile production United States Year and month F.ft. index, adjusted1 Monthly av., 192325=100 Passenger ears 3 Total New passengercar sales Registrations Pneumatic tires ' Canada Trucks Passen- Trucks ger Total | New New passen- comger ears mercial cars Unadjusted Adjusted > Production I Monthly average. 1929-31 = 100 Number Thousands Crude rubber Domestic Doconmestic sumpshiption, ments total Imports World stocks, end of month Long tons Thousands f 1929: September1930: September1931: September. 1932: September 1933: September. 1934: September. 1935: September. . October November.. December—. 1936: January February _ - March April May June Julv August SeptemberMonthly average, January through Sept.: 1934 1935 1936 364 176 109 65 157 125 51, 576 44, 223 31,338 19, 402 34,424 44, 967 20, 934 13,817 8.130 4. 957 4, 577 2, 646 3,053 2, 342 5,808 1 j 6,330 10, 236 5, 579 12, 985 5, 285 4,171 2.601 4,614 7, 530 304,359 175, 286 124, 003 81,893 157. 834 146,931 46, 532 33,911 25, 967 15.180 31, 269 37,225 133. 8 78.7 47.2 30.5 51.2 51.9 88 272 395 405 56 213 337 343 31, 443 58. 733 58,145 61, 506 5,188 8,273 13,491 13. 789 5, 622 7,471 22,491 17, 736 7, 081 7, 109 8, 038 10, 276 157, 098 148, 389 220, 262 237,194 41,390 43,243 37,616 38, 000 50.1 53. 3 96.6 90.6 364 288 421 503 461 453 441 271 135 298 225 344 417 386 376 372 210 91 65, 730 62 790 77, 448 85. 642 75, 058 77. 061 6H,597 61, 537 44,533 13, 302 13,?6S 18,021 24, 951 20, 006 16, 400 10,475 4, 660 4,655 15, 867 16,046 18,921 17,723 17, 727 14,987 12.714 8, 323 4,564 9,787 9,913 9,999 8, 330 10, 848 9, 055 9,811 7,405 6,375 215, 782 178,668 301, 27? 397, 190 392, 750 369. 123 357, 400 262, 912 208,896 43,760 40, 301 51,817 57, 000 62, ! 83 56, 000 63, 605 59, 222 54,611 69.3 65. 5 117.8 142.3 138. 6 139 3 117.3 92.9 70.9 265 319 371 215 262 302 12,076 50,020 57,367 1 15,258 68 711 13,971 | 34, 474 44,117 54, 288 64.0 84.9 106. 0 122 62 40 24 55 51 416 221 1 141 1 84 192 170 91 96 105 107 108 93 107 122 117 118 124 111 107 80 97 110 i * Adjusted for seasonal variations. 12.181 14,000 14,097 7,889 173,854 237, 562 8,184 9, 058 < 298.043 * Covers varying percentage of industry, see note on p . 55. 3 3, 568 141. 5 2, 692 82.0 49.0 '• 2,538 2,031 31.0 3,199 52.0 2,848 53.0 4, 330 3.360 3, 034 2, 410 2, 714 2, 993 31, 236 23. 265 21.747 20,692 31, 047 27,317 34, 814 35. 783 38, 933 29, 280 46, 255 32,010 307,152 467, 273 561, 838 599, 986 623, 683 694, 361 79.0 82.0 113. 5 106.5 3. 067 3,281 3, 238 3,282 2,621 3, 258 3, 170 3,311 34, 000 38, 192 38, 500 38, 648 35, 36, 26, 39, 707 378 073 812 661.509 655, 000 623. 300 611,987 102.0 «9 5 101.0 93.5 93.5 109. 5 104. 5 92.0 83.0 3. 709 2.898 2.947 3, 932 4. 027 4, 544 4, 427 4,062 3,079 2,545 3, 065 3,917 4, 659 4, 626 4, 599 3,978 43, 655 33,071 38, 433 46,707 45, 434 47,372 45, 721 45, 257 45,403 33. 921 34,339 34,874 45, h30 37, 050 38, 273 26,450 41, 788 50,033 600,479 599, 355 574, 594 558.583 533,411 511.931 510,872 492,439 485,500 4 4,109 4 4, 047 4 3,979 4 4, 049 ! 4 3,818 4 3,809 35, 533 37,323 43,450 42,000 40, 519 38,062 673,082 678,941 540,796 Includes taxicabs, see footnote on p. 59. i 8 months' average. 12 SURVEY OF CURRENT BUSINESS November 1936 Iron and Steel iDgot production was slightly lower in for heavy steels continued to exercise a major influence STEEL September than in August, but otherwise was the on the movement of ingot production. The automolargest for n,ny month thus far this year and also for any September back to 1929. The decline was confined to production of Bessemer steel, output of the more widely used open-hearth steel increasing somewhat. Being contra-seasonal in character, it caused a decrease in the seasonally adjusted index of iron and steel production, even though pig-iron output, which has been accelerated this year by the relative scarcity of steel scrap, increased in September. For October scheduled weekly production of steel ingots, as reported by the American Iron and Steel Institute, indicates a total output for the month appreciably larger than in either August or September. That output of finished steel probably did not decline in September is suggested by the fact that shipments of the United States Steel Corporation were larger than in August; they were reported in the press to be running higher in early October than a month previous. Total third quarter shipments of the corporation, however, aggregated slightly less than second quarter shipments, whereas for national ingot production the reverse was true. Short-term lags of finished-steel shipments, however, behind steel ingot production have been frequently observed. Data on relative output of light and heavy steels in the third quarter are not available, but the demands bile industry has been the major source of increased volume, however, during September and October. It has previously been indicated that in consequence of larger buying by railroads, utilities, and the construction industry, the proportion of output going into heavy steels has been greater this year than last— amounting to about 57l/2 percent as against 53 percent a year ago, according to the American Iron and Steel Institute figures for the first half. The Bureau of Labor Statistics reports on employment in the industry do not separate steel works and rolling mills from blast furnaces. For the three combined, however, the number employed increased between mid-August and mid-September—as they had each month since last February—the September level being the highest since the middle of 1930. Pay rolls, affected presumably by the Labor Day holiday, declined in September. The firmer price tendencies in evidence since the mid-year continued in general into September, though slackening of prices for wire products caused a small decline in the finished steel composite. These products, together with various other semifinished and finished steels, were advanced in price on October 1. IRON AND STEEL STATISTICS General operations Year and month Steel i n g o t s Pay Produc- Emrolls, tion, ment" I rolIs >d E x " ad"J ! unadports ports1! justed 1 justed 1 j u s t e d | Furnaces in Mast Production ! ro.i Niont' '\ a u r^e li*2* 25 = 100 , Percent of capael( | Steel s h e e t s New- Shiporders m e n t s y l Js of 11 Long ou« i tens Lnu-Hnd> of long ( » i' r , g 2''"i i."/ United States Steel Corporation, finished products, shipments Prices Iron and steel, pom- Steel billets, Steel Besse- scrap mer (Chi(Pitts- cago) burgh) Doll t r s per long t o n •' 20 1 35 00 -r I r ' 7 1 September . . . S-opteml.oi1 . September 0M - Us () 1935 74. * 1936: October.. November... December January . February March April May June July August September Monthly average, January through September: 1934 1935 1936 1 % H^ ^ TO 1 (H 11) 53 6o " i " 1, . 2( < 64 f-5 h* 7i TO 43 i7 1^ '? 0 2 ' 1 ^Ji 2.0 J( ) L, I'M 4 2 ° 9 • J 62 ! 69.8 74 71.7 80.9 103 Adjusted for seasonal variations 77. G "=>. 9 76 1 77. ) s(; l '2 62.7 244 65.6 2-N f,5 1 i 2i»o 242 2M It I 302 2 104 ? S25 122 3J50 226 I, • Wi- ll" o, Ho 2, ».* l^i) >, ' , i < IH rf,'M2 j / I. i ( i 50.3 ! 223 i 27 " 1. 112 57.6 i 205 ! 33 1.-51 74.0 ' 273 i 54 ' : '2.'Vi>> 2 175 1 '.S T 2 •'••' P.lack, blue, galvanized, and full finished. 177 221 207 r< f 2V) (,'J 71 31 00 29 00 26 00 26.00 27.00 l'"0 IV.) Dollars per 100 pounds 15 13 12. 50 8. 20 25 9.S4 I 8.50 614.933 32 82 , 27.00 I 12.50 ' «S0 7*1 ' M SLi 661,5i: 32 M 27.00 12.50 33 15 28.00 13.00 *3 31 ' 29.00 | 13.35 721, 414 G7p, n . c Ti. 34 'W 4S "S1, "-'2 979. 9<)7 9s * 097 w r . f" 9 0^1 29.00 | 13.38 29.00 ! 14. 19 28.20 i 14.75 33 t() 1 28.00 I 14.34 28.00 ' 12.88 :/2 92 28. 00 12. S5 o 70 13.38 >n 19 30. 00 30. 00 30.10 207 Finished steel, composite 32. 13 :iJ.."0 :>:;.37 ' 15. 19 16.15 27.13 ! 10.37 27.00 I 10.96 28.96 ! 14.12 >ee table on p. 19 of the January 1935 issue 2. 54 2. 24 2.20 ') \f\ 2.44 2.43 2. 43 2.43 2.43 2.43 2.43 2.37 2.36 2.36 2.36 2.43 2. 43 2.41 2.44 2.40 13 SURVEY OF CURRENT BUSINESS November 1936 Textile Industries RODUCTION of cotton, wool, and silk textiles average basis it was about 10 percent higher than in P combined was higher in September for the fourth August, a gain of slightly more than the usual seasonal consecutive month. The gain over August was of proportions. After allowance for seasonal changes, about the usual seasonal proportion, the adjusted production index of the Federal Reserve remaining unchanged at 120 (1923-25 = 100). According to a statement by the president of the Cotton Textile Institute, the cotton textile industry at the present time is in a very strong position. Despite the current high level of production, it was asserted that "the ratio of unfilled orders to stocks of goods, to production and to shipments, is the best since figures were first compiled in 1927 . . . " Profit ratios in the industry also were stated to be much improved. The rapid rise in production of cotton textiles in recent months has been accompanied by increasing prices for cotton goods, and the spread between the average cost per pound of clean cotton and the average selling price of a representative group of print cloths has become wider, according to a regular compilation of the Textile World. By the last week in September the spread was 18.9 cents, and for the full month it averaged the highest since September 1934. Cotton consumption in September was far ahead of that of any other month in recent years, with the exception of June 1933, when there was a tendency for buyers to anticipate their requirements. On a daily cotton consumption has advanced each month since February, with the exception of a small decline in May. Activity in the woolen industry during September was about the same as in August. Spinning spindles and looms, with the exception of carpet and rug looms, were operated at a slower pace. Wool consumption increased slightly, although a substantial gain is usual for this period. Silk deliveries also continued to expand in September and were the largest of the year by a considerable margin. On a seasonally adjusted basis, deliveries were well above the average monthly rate in 1935, 1934, and 1933. However, for the first 9 months of 1936, taken together, they averaged lower than in the corresponding period of any year since 1924. Deliveries of nonacetate rayon from the mills decreased in September from the record high set in August, according to Rayon Organon. This does not necessarily reflect a decline in production; the larger August deliveries were possible only because producers drew heavily on stocks. With the industry producing at near capacity and stocks down practically to the zero point, the industry is currently disposing of yarns as fast as they are produced. TEXTILE STATISTICS Cotton, raw ProCotton cloth, ducfinishing Mill Spintion inconI die acdex, adjusted i sump- | tivity, Plain tion I total bleach- Print Year and m o n t h goods ed I Month| ly average, 1923-25= 100 Wool Cotton manufactures Run- !|| j Millions of ning b iles !i, spindle hou <* Thousands of yards Spinning spindles WholeConsale price, s u m p cotton tion 2 Wool- Worgoods sted 1 en I i i I Monlhly average, 1926 = 100 HoItayon Silk siery Whole- I sale j Whole- | Deliveries Looms price, I sale J f r o m mills woolen I ! DelivProa n d I eries t o ducworsted m i ! I s IJn- A d tion Nargoods I |nS,M. row Broad 15 (NewYork) "in Month- Wool manufactures Thousands Percent of active hours t'» f-ntal reported pounds ly average, 1926= 100 Bales Dollars per of 133 p pounds pound ThOU Daily ! average, 1923-25=100 !Of d o ? ] en pair? 1929: September j 1930: September I 1931: September 1932: September 1933: September 1934: September 1935: September October _. _. November.. December 1936: January __ __ February March April May June July August September Monthly average, January through September: 1934 1935 1936 116 88 100 104 99 63 ',8 1 7*1 (> ',1 -> 1 106 113 106 111 4(>UF 7 7 ' 105 102 300 1C0 100 107 115 120 590,484 515,977 550, 041 576, 762 530,894 555,449 607, 056 574,289 no 629, m 83 102 108 444, 298 453,972 570.142 r o (17 M? ;i2 6, 1SJ 7,4 >7 (, S( S f,h)i 7, 709 6, 735 7, 254 7,313 6,896 7, 320 7, 855 7,573 8,088 6,196 6,097 7.416 70 60 70 74 69 20 63 41 44 36 48 17 63 j (U" | 73 82. 7 78. 0 53,274 | 5.122 55,649 I 2.413 53,819 2.315 59, 694 1.805 31,185 J. 889 32, 599 97 306 10 i 93 67 81 83 73 33 42 78 | 84 ! 89 90 76.9 79.1 80.7 81,0 J! 45, 156 1.868 |j 48, 167 } 2.081 I 37.012 I 2092 I 35,559 95 96 85 82 87 87 90 97 88 62 68 90 90 80 76 76 74 69 73 66 81.4 j | 38,995 82.8 | j 32,053 3fi, 000 83. 8 34, 564 82.2 32, 087 82.2 31,437 82. 6 36,65* 82 0 42,016 81.2 80.9 45,709 1. 950 1. 784 1. 733 1.6S2 1. 600 1.597 ]. 714 1,791 1. 698 487 454 10,0! 9 4'J2 .X<)9 133 428 498 614 633 537 410 446 023 80S 586 si. 832 10, 201 9, 270 j 37,123 41,823 82.1 II 36.633 1.303 1.492 3. 728 436 507 i\ 0 0, 172 S3 2 84 5 85, 8 ^0, 203 7*, " '7 72* 99^ 101,310 86 948 97, 972 97, .^1 :C4,7J0 , *0 0 73.' \h 97, 435 92, 807 107, 893 104, 837 105, 062 104,630 101,904 104,667 107,706 100,528 ! 91,860 ! 95.274 | 91,074 ! 89,518 i 90, 338 | 93,273 j 91,157 j 8G.5H i 80.4 73, 908 64, .193 53, 460 55, 387 46, 593 54,533 68,718 63,449 00,7(13 126, 562 119,260 102.«°3 100,947 95,831 9 87.1 I 29,996 82.7 I 67,758 77.9 '! 60.112 9°>.on llf> *sp 78. 1 76. 2 75. 5 75. 4 78 7 79.5 80.0 j i ! j 1 80. 7 .59 60 57 57 59 68 65 C4 40! 2S6 337 301 2 i9 47<S ",-" 433 308 313 221 583 494 464 473 419 462 522 557 9, 577 H 574 10, 293 8,918 477 517 30,113 ;;s7 1 i Adjusted for seasonal variations, * Grease equivalent; see note on p 3 S months' average. 3 3 K 895 9. 778 14 SUKVEY OF CURRENT BUSINESS November 1936 Plastics—Products of Ever-Widening Utility By T. W. Delahanty, Assistant Chief, Chemical Division T HE past quarter of a century, and more particu- two principal types—synthetic resins and cellulose larly the last decade, has witnessed a phenomenal plastics. Synthetic Resins growth in the manufacture of organic plastics in the United States, until today the many and varied uses The development of uses and markets for synthetic of such products assures a permanent and important resin products has been largely the result of American place in our economy for this relatively new industry. inventive genius and merchandising skill. The utilizaThe increasing application of plastics in industry tion of the pioneer type—the phenol-formaldehyde and their utilization in every-day life explains their resins—was followed by the development of the couadvance to a position of importance, not only in our marone and indene resins, the tar acid, alkyd and domestic industry, but in world commerce. By way resorcinol resins, and others representing the coal-tar of illustrating the wide variety of uses of these products, group, and subsequently the noncoal-tar organics, the we may consider in detail two groups—synthetic urea, thio, vinyl, furfural, and other resins. resins and cellulose plastics. The importance of the Production of synthetic resins which lend themselves synthetic resin plastics is becoming more and more so admirably to the manufacture of such a wide line of apparent through their use in such commonplace finished products, ranging from jewelry to building articles as bottle caps, radio parts, timing gears, materials, passed the 100 million pound mark for the and furniture, as well as their employment in the first time last year, having more than doubled since automobile, electrical, and marine industries, and in 1933. Eighteen years ago the output was about 3 the manufacture of printing inks, varnishes, and lac- million pounds per annum. (See figure 1.) quers. In the cellulose group, nitrocellulose or pyroxyApproximately 90 percent of all synthetic resins lin plastics, under trade names such as celluloid, produced in the United States are of coal-tar origin, pyralin, viscoloid, fiberloid, xylonite, and the like, are the remainder being made of urea and other materials. well known to the public through their utilization in Production of synthetic coal-tar resins aggregated the manufacture of toilet ware, automobile curtains, 89% million pounds in 1935, according to the United fountain pens, spectacle rims, piano keys, shoe-heel States Tariff Commission, compared with 56 million covering, toys, and various other articles. pounds during the preceding year and 41% million In addition, the protein plastics such as those made pounds in 1933. A total of 64,641,000 pounds, valued from casein and soybeans, constitute an important at $12,191,000, was sold to other manufacturers in class though they are not treated in this article. A 1935, the remainder being consumed by the producers. large motor-car company employs soybean casein plas- During 1936 the sharply rising trend of production has tics in the manufacture of distributor covers, dis- continued and final figures for the current year will tributor bases, light switch handles, gear shift lever show a large increase over the latest total presented on balls, window-trim strips, and other accessories. the accompanying chart. Not only are new uses being found for the older The synthetic resin industry received a great impetus types of plastics, but new materials from new sources from radio development, particularly in the early stages are being added to the ever-growing list and, since when receiving sets were being assembled by "amacolor can be incorporated with them, their appeal to teurs" and almost every set was faced with a synthetic beauty finds expression in articles having all the rain- resin panel, and later when radio manufacturers began bow hues. utilizing such materials for the manufacture of cabinets. The United States plastics industry is of such a The radio industry, however, has been only one of diversified nature and its products have so wide a the many that contributed to the growth of synthetic field of application that adequate data showing pro- resin production; in fact, 53 percent of the coal-tar duction in all branches and distribution through all resin production was consumed in 1935 in the manuchannels are not available; therefore, it is impossible facture of paint, varnish, and lacquers. However, it to present a picture that will mirror all of its many may be said that almost every branch of manufacturing ramifications. Furthermore, practically every day has made extensive use of the material. Increased sees some development in the way of a new product demand for synthetic resins, chiefly of coal-tar origin, or new application, all of which tend to change the is primarily responsible for the increased consumption situation. For the purpose of this article the discus- of both phenol and cresylic acids in recent years. This sion is confined mainly to the production and use of the is true also of refined naphthalene, phthalic anhydride, glycerine, and formaldehyde. In 1935, production of phenol amounted to 43,418,000 pounds, which was double that of 1930, and sales aggregating 34,575,000 pounds were valued at $3,433,000. Cellulose Plastics Cellulose plastics are derived from cotton linters or purified wood pulp initially treated with acids and subsequently with solvents, from which results a viscous liquid or a plastic mass which may be moulded into sheets, blocks, rods, or tubes for ultimate conversion into familiar articles and uses. One of the outstanding, yet probably not so well known nitrocellulose outlets, is the lacquer industry. Since 1923 the development of this industry has had a spectacular influence on the finishing operations for automobiles, furniture, etc., and spray finishing generally. Imitation leather, which is usually a pyroxylin coated fabric, affords another major outlet. Cellulose acetate plastics have only recently begun to assume commercial importance, although considerable development work has been done in this field during the last 30 years. The increase in the use of cellulose acetate sheeting, as the plastic filler sandwiched between tw^o glass plates to form safety glass, has been spectacular. Since 1932, before which its use for this purpose was negligible, acetate has almost enMILLIONS IOO 15 SURVEY OF CURRENT BUSINESS November 1936 tirety displaced pyroxylin for this purpose. Cellulose acetate films include not only the slow-burning safetyfilm used for home movies, X-rays, etc., but also a transparent wrapping material which provides a close, even, and uniform fit in packaging. United States production of cellulose plastic products in recent years, according to data compiled by the United States Department of Commerce, Bureau of the Census, from figures supplied by manufacturers representing the entire ind ustry is shown in the following table: Production of Nitrocellulose and Cellulose Acetate (Aceto-Cellulose), 1933-36 Nitrocellulose Cellulose Rods Tubes acetate sheets, rods, and tubes Pounds Pounds Pounds Year Sheets Pounds 1933 1934 1935 First 8 m o n t h s : 1935 1936 9, 508, 222 9,771,711 12, 528, 042 1,901,812 1, 770, 606 2, 739, 259 506, 039 817,517 938,112 2, 482, H I 4, 826, 347 10, 504, 003 7, 767,158 8, 217, 270 1, 836, 825 1, 600, 139 622, 509 532, 225 6,110, 272 7, 677, 875 In considering the table, attention is directed to the fact that thefiguresrefer exclusively to the raw material phase of sheets, rods, and tubes. It is likewise well to bear in mind that cellulose plastic solutions (primarily for lacquers), smokeless powder, and rayon are likewise OF POUNDS 1 2 3 4 COAL-TAR AC/O RESINS - PHENOL, CRESOL, ETC. ALKYD RES/NS - PHTHALIC ANHYDRIDE OTHER COAL-TAR RESINS - COUMARONE, INDENEt ETC NON-COAL-TAR RESINS ~ UREA, ETC. 20 ISIS 1919 1920 I92I I922 I923 I924 I925 I926 I927 I928 I929 I930 I93I I932 I933 I934 I935 D.D. 6857 Figure 1.—Synthetic Resin Production NOTE.—For years marked with an asterisk (*), the figures are either partly, or entirely, estimated. For the period 1933 through 1926, only two companies were operating and hence the figures could not be published without revealing the operations of the individual concerns. In other years, estimates are as follows: 1933, coumarone and indene resins and resins derived from maleic acid; 1934, coumarone, indene and sulfonamid resins, and all noncoal-tar resins except urea resin; 1935, coumarone ana indene resins, and all noncoal-tar resins except urea resin. The dotted lines indicate the probable growth for the various items, starting in the years specified. 16 SURVEY OF CURRENT BUSINESS cellulose plastics, but are not treated in this article. Reference is made to them, however, to facilitate visualization of the magnitude of the cellulose plastics industry as a whole, which in the aggregate has so materially increased the demand for processing chemicals. For example, the production of requisite organic acids, solvents, stabilizers, and miscellaneous organic chemicals has grown many fold over the past decade, due in part to wider use and acceptance of cellulose plastics. The table gives an indication only of the trend in the past 4 years. Data are available, however, from the November 1936 1935. The growth of aceto-cellulose production during the past few years has been rapid, and during 1936 practically all of the increase in production has been from this source. In 1933, the first year that the output of aceto-cellulose was reported separately, this product contributed 17 percent of the total production whereas during the current year it represented 43 percent. If the present rate of increase continues, production of aceto-cellulose will approximate that of nitrocellulose before the end of 1937. Foreign Markets Development of the plastics industries in foreign countries has not proceeded at a pace comparable with that experienced in the United States, though considerable progress has been made in recent years, particularly in the United Kingdom, Germany, France, Italy, and other European countries, as well as in Japan. Very little plastics material is imported into the United States, but as foreign manufacturers are beginning to appreciate the utility of such products our exports are assuming considerable importance. Preliminary statistics show that during the first 7 months of the current year the value of such exports was as follows: Pyroxylin scrap, $93,000; pyroxylin plastic film base, $1,481,000; pyroxylin sheets, rods, and tubes, $266,000; cellulose acetate sheets, rods, and tubes, 1929 1930 1931 1932 !933 1934- 1935 $211,000; nitro- and aceto-cellulose solutions, $438,000, and synthetic gums and resins, $400,000. These figures, Figure 2.—Cellulose Plastic Products of course, do not include finished plastic articles nor NOTE.—Data for 1929 and 1931 are from the Census of Manufactures. Subsequent figures are based on monthly reports to the Bureau of the Census, from the entire exports of plastics that go to foreign countries incorindustry. Data showing the two major types of plastics separately are not availporated in such products as automobiles, radio sets, able prior to iy33. and numerous other manufactured articles. Bureau of the Census reports to construct a chart (see Having attained its greatest growth during depresfig. 2), which shows the trend over a somewhat longer sion years, the outlook for the American plastics period. It will be noted that production in 1935 industry appears bright. More and more manufacexceeded by a considerable margin the 1929 output, turers are finding that these materials can be utilized while, for the first 8 months of 1936, there was an in the manufacture of their products because of both increase of 14 percent over the comparable period of economy and sales appeal. MILLIONS OF POUNDS 30 17 SUEVEY OF CURRENT BUSINESS November 1936 LIFE INSURANCE—NEW BUSINESS WRITTEN [Number] Policies and certificates Year Total policies and certificates 1913 monthly average- __ 1914 monthly average,__ 1915 monthly average 1916 monthly average, __ 1917 monthly average 459, 491, 517, 520, 548, 1923 Month 900 297 395 609 453 1924 Policies and certificates Year Ordinary policies Industrial policies 77, 581 77,017 82, 293 94,205 108, 250 1925 379, 819 410,189 428, 559 414,605 414,443 192G Total policies and certificates Group certificates 1918 monthly average,_ 1919 monthly average, _ 1920 monthly average, _ 1921 monthly average, _ 1922 monthly average__ 2, 500 4, 090 6,542 11. 7391 25, 760 1927 1928 1929 1930 569.004 681, 628 739,071 720, 402 766, 569 1931 Industrial policies Ordinary policies 1 1932 109,512 176, 660 200, 642 160,038 433, 226 465, 248 499,938 550,065 582,102 163122 ' 1933 Group certificates 1934 1935 26, 266 39,720 38,491 10, 299 21, 345 1936 TOTAL POLICIES AND CERTIFICATES January February March April May June July August September October November December 733, 564 732, 351 906, 299 1,180,295 1,044,939! 931,931 830, 374 772, 141 Monthly average 96'), 795 839,082 812,5S6I 935,7^7 934, 773, 1, 0." t, 5.V2 910. !."> 1.05 5. ())', <)2, 607, 1, 17* 5 S \ 70 1 1 , 036, ,'tlM 974, W 'i2.r7:J! 871, 707 868,4881 869. 7!? 1, 049, 8521 1, 221. 807i 1 1 1,221 926, 3s^i 1.039,711' ^<>5. S1T| 1, 12'), SM 1,075,13c, 1, 123.S76 i, 023, ' 3 1 ' ,I 916.020 l.'M2,."il 1, 20!. 232 1, 1 >O. .5->'.», 1. ! ;..'..")•.•• 1, 0 ,3. .\70 970. J. 022, 771 1, 049,414 947, 572 1, 053, 299 994, 642 1,183,2051 1,148, 510 1,149, 165 1,112,928 1,101,028! 1, 096, 415 1, 044, 732 1, 079,803 1,159,487 1,045,224 1, 020, 060 1, 003,120 951,997 , 231 940,783 . 225. •«•r.i 1.211."'is 1, 1 lc,-!.i«. I . I I . L ' . M L l.O.'T. :i')7, i.OM). 17(> 1.102,864 1, 228, 065 «M 1 . 2 ' ( M : J I I l,.».>-\-2i)." 1.2.>7,(ir" l,(L"'.f.!7 1.1 -0<». 1'2S' 1,059,275 1,045,999 7.5 l.L". l.'.).J* l , 1 6 \ 0 6 2 1,51-, 17i» !'>7, 305 1. (H'3, 5i2, 1, 258,002 1,032,703 l , 0 9 \ 0 3 : 1,023. SOT 1,008, 66<S , 3TS' l.O.Ki. 910 1,0-ili, 1..M7, 1,221.920 1,1'M.sH 1.112,211 l,0>7, S16 I, IV,. ''37 J. (>'"»,:;()! , l ' 7 i , Mil 1, Os<), 203 .'U\s(\< 1,151,.! -7 ,0')<;. 12S 1, us .<>')- 1,0 ,\i,\>2 , 2 i, 1.?^ 1, -i21, 92M 1 ,112,21! .111,372 ,313, 2 i s ,211.760 . !'.5. 271 . lM,f,02 1 ;<^,M7 !,!"»", 051 1,370, M1.2*2.020 1,22", 12' U 22\4,> 1 . 4 5 L 7 3 ] 1,07"! 07o 1. Oi'3. ^31 1. 16", 571 1. IT \'.'."."> 1, 235, 16S 1. 317, 13 1, 1, 155, .".i)'< 1 1 ' ' I.05T. 56si 1,(^0, 652 1, 082,179 1. l."W, 02r. 1, 22'I, 979 1,174,795 1. 1V"J, C»2r. l,O72.f.71 921,182 !ML'.i>(.li 1,015, M>2 WI.^'H 1.C32, 100 1,071,317 1, (.75. O."4 1, 15 \, :i^() 1,037,996! 1,013,0331 1,227,218 1,176,493 1, 199,460 1,129,979 1, 040, 282 1, 071, 436 I 1, 036, 2531 1, 099, 606 1,083, 995 ORDINARY POLICIES fanuary February March April 183, 579 182,812 219,615 210,081 211. 968 201,021 186, 042 163, 935 157,180 181, 073 202, 814 212,313 173,1').") ISO, < 217.(1141 212,408 22S,1001 216,069 212, OH 200, 210 lSo, 070 211, 439 216, 146 235, 300 1S1,P74| ,9,651! 2 HUMS' 227,07'.'! 224, 431 j June fuly August September October November December 168,834! 166, 435 213,111 196,757; 208,419: 206, 628 190,618 182, 047 163, 379 190, 852 193,188 213,113 1 So, 363 202, 9711 215, 237, 433 232, M l 235. 'Af\s 2!l!l>7| 197.312 1S:UH'»| 210.4011 221.8V/J 264, 5X0! Monthly average. _- 191,115 192, 703 207, 655 215,7151 •VEay 21S. 613 2<6, 511 2V.).rtOl'| 2">2. 36s 2 .". I l l 327,^27' 2H>\ S1 .">' 306. 797| 229, T09 21"), 2."7 3r\iO5 210.'922 ]•«"), 711 20."). (5271 202, ISO | 217,814 1 s-1. 0 >o 210, S27i 2", 7. 227, 259 276, 9^2 2-9, 39.) 246. 1<M 211, 1",2 211.3"") 2(>0, f."<>| 251, .")!()! 281, S7."l 2'K), 204, 271.33")] 2t»l». " I l l 2')'.»,' I.)1 2 12, 2 7 " 2s"), 1»(»3' 2T\2Oll 305, S ",«)| 21 1 1,363 26",. 12.")| 2OC), 251 211 0»,7 22.". 755i 2.>, 323' 251, 1S2 315, 103 2s\9r» 2v2, S56 257,9"<l 2.^0.69.^ 221. 231 2"3,'"63 2,)6,6 l )0 347,72s 216, 514 31 li 513 246,' M.OJ 231, ">')' 213. 465! 226, w-,| 231. 432' 227, S41| 2116! 940 256, 56()l 296, 366 216,729 245,395 270,164 272,098 269, 067 248, 027 2W-,2(J'1 255, 224. 153J 245. Wis 267, 993 273, 222 242,845 245. 931 302, 972 2M).S01 297, 179 274, 053 218,253 253,807 209, 450 256,854 254, 412 281, 685 280,757 249, 279 267,830 263, 476 259,402 247, 403 236,193 232, 800 204,346 267, 333 246,133 275,763, 247, 917 263,104 252, 560 231. 1431 256. 1601 156 209! 215, 226 201, 506 226, 602 215, 645 228,654 237, 793 223,389 202, 353 197, 691 INDUSTRIAL POLICIES January.. February March April May June July August September October November December _._ Monthly average 547,155 550, 971 669, 471 950, 443 796, 538 693, 473 608, 854 566,992 556, 415 668,393 656, 873 681, 525 766, 821 618,425 649,135 732,120 693,674 809, 517 705, 346 803, 384 760, 648 882, 325 674, 481 788,352 595, 545 734,531 609, 703 717, 402 614,848 691, 227 830, 831 1,199,183 641,128 851, 209 903, 065 824, 881 817. 246 653, 943 844, 659 787,138 859, 630 743,137 716, 607 719, 203 714, 041 822, 459 870, 324 838,577 679,290 901, 786 1, 051.983 802, 585 749, 849 767,121 846, 745 891, 644 783, 235 731, 421 890, 5601 1, 049,955 1, 045, 058 973, 678 881, 059 893, 01 865,139 851, 905 980, 796 984,177 845, 264 902,343 839,453 888, 462 847,842 816,966 840, 312 880,770 1,162, 942 925, 851 898, 318 993, 819 732, 665 753, 773 809,110 781, 361 740, 371 795, 451 804, 504 994, 528 745, 664 770,416 805, 623 721, 848 722, 866 846,805 992,140 946, 284 879,483 761, 207 940, 847 782, 026 941, 358 740,919 951, 428 793, 704 1,156, 286 783,539 951,002 868,763 803, 546 815, 947 931, 355 859, 751 833,423 829, 656 845, 294 773, 803 680, 597 781,262 746, 709 647,876 688, 366 680, 987 775, 871 746, 682 762,148 792, 382 801, 977 881, 342 702, 312 812,112 771,980 773, 223 766, 297 751, 965 894,119 840, 919 867,879 805,106 766, 005 792,675 653, 550 821,330 784,142 922,027 744, 527 789, 849 891,893 853, 832 803, 500 769, 052 756,182 763, 721 716, 259 934,481 775, 272 692, 385 662,259 703, 769 782, 247 823,700 795, 768 765,615 805, 501 790,913 804,380 866,910 901,824 855,616 881,560 702, 759 769, 320 889, 638 867, 723 820, 794 805, 030 767,175 771,404 724, 617 GROUP CERTIFICATES January February March April May June July August September October November December Monthly average 1 155, 214 16,395 10,639 21,484 24, 732 19,991 13, 202 17,873 14, 814 13,896 70,7 ' 25, 770 109,429 47, 462 22, 764 26, 991 37, 244 23, 174 32, 202 27, 762 68, 887 20, 033 38,109 26, 476 175,: 40, 794 52, 250 44, 257 60, 919 39, 815 43, 710 53, 057 40,882 47, 743 44,213 70, 363 214, 277 51, 967 32, 452 64, 803 30,991 30,805 41, 042 29,100 30,488 13, 496 23,797 27, 928 124,123 26,408 53, 800 35, 788 36, 705 48, 839 51, 895 38, 905 24, 605 52, 943 18,911 42, 358 128, 298 57, 921 26, 859 35, 986 47, 028 45, 455 66, 353 72, 923 40, 622! 21, 799 49,062 39, 571 120, 316 43, 081 34, 732 45,913 61, 998 45, 832 52. 009 74,171 38,851 45, 713 35,311 28,104 59, 255 44, 449 60, 232 28, 093 59, 230 35,145 44. 909 22. 328 26, 217 21,646 17, 942 18,942 44, 456 48, 578 20, 548 21, 028 35, 653 23, 013 26,183 17, 844 16, 691 41, 463 29,105 23. 342 43, 063 9,178 14,043 12,193 14,038 14,092 24, 779 32, 868 17,825 33, 395 23,190 29, 955 47, 097 28,854 15,137 30,127 45, 773 34, 402 50,820 26,024 24,954 16, 231 24,680 20, 721 54, 290 34,847 29,916 45, 533 62, 690 41, 749 48, 621 51,991 47, 081 35, 299 28, 876 22, 721 31,001 17,575 14,945 23, 717 33, 095 39,982 31,830 30, 902 23,102 16, 911 12,462 18,427 See footnote on p. 18. 101104—36 3 24, 14, 23, 31, 38, 28, 167, 23, 20, 26, 24, 64, 40, 523 29,587 23, 816 32, 270 29, 560 46,967 36,980 54, 660 29,363 29,689 18 SURVEY OF CURRENT BUSINESS November 1936 LIFE INSURANCE—NEW BUSINESS WRITTEN—Continued x [Thousands of dollars] Amount Amount Year Year Ordinary Total 1913 monthly 1914 monthly 1915 monthly 1916 monthly 1917 monthly average_ average _ average _ average _ average. Month 191,242 193, 742 205, 517 242,462 281, 856 1923 1924 Industrial 137, 597 134, 736 143,462 177,256 205,510 1925 Group 51,909 55, 217 58,128 58, 645 61,484 1926 1927 1,736 3, 790 3,927 6,560 14,861 1928 Ordinary Total 1918 monthly 1919 monthly 1920 monthly 1921 monthly 1922 monthly average _ average. average. average. average_ 1930 1929 300,946 487,012 580,014 485, 982 550,724 1931 1932 Industrial 214,292 373, 647 451, 492 371,912 409,455 1933 Group 66, 099 77,901 93,044 104,813 118,233 1934 1935 20, 555 35, 465 35, 478 9,257 23,036 1936 TOTAL January February March April May June July August September October November December 559, 790 697, 682 729, 852 562,010 646,598 753, 363 706, 705 783, 407 885,633 744,535 763,162 893,689 746, 326 773,836 931, 741 739, 826 727,489 875,171 644, 706 689,540 870,376 619, 245 618,670 894,419 550, 337 584, 954 733,091 638.176 819, 775 908, 064 659, 768 678,816 899,289 948,132 1,033,419 1, 236, 438 Monthly average - - . 676, 630 734,779 884, 261 834,734 849,537 845, 442 870,616 026,620 1 ,084, 330 967,421 ll , 000, 370 967, 819 982,873 971,607 980, 514 906, 777 873,193 842, 966 874,804 788. 930 756. 200 887,313 913,154 963,196 904, 760 281,484 |1,079,316 857,717 1,017, s s l 959, 209 9(>1,12s 1,103,421 1, 161.651 1,022,9,"} 1, l l l . q n 1,170,000 i, 112, ,1N1 1, 072.s ,.-) 917, 3 M 1' (N>!."' 9 867, 171 i l . O l h , 29s 1,002, 2i A 95s. 7^6 91."). 41'1 310 1, 26.1, 5i)s SH..3O3 ' 1,214, 1, 1*1.. ,021! 737 ,017/) 27 •«•'?.'), 6 s 1 S V.. 6 , ] 817,712 'J71.*7") 91 i 1,0."" M) i 'M7 716 i ! or, Of, 1.351 71 \,(' SI 2. 1 612 1,110. "\i 940,359 II 930,806 il, 009, .',97 1, 0f».?, 971 l , 0 2 \ 3,15 I 916,92(1 7 <\ 17b 610.307 603. 794 6,7, 2\i 021 '»7(> 611. 102 0*4 0l2 (()J. 1()7 f>-l, 01 i 5"->, S2S ( / I . 1 '7 676. Y)2 707, 797 661,417 642,402 I 7M, 120 I 791, 2"0 7*7.0-7 610.0S6 712,762 419. 11) 1.31. T,7r. u s , 7s i «21,403 71S, 161 76 i, 007 7 2 M , l'U) 72f ^ " 7 6S'», * .-, SUM ,">')"> 646. 5 71 "Is. lr.j ' 672. ,\rr2 b •>(), 9 1 1 678, 006 661,473 77? 355 739^ 807 749.374 767, 978 749.491 66R,638 630, 831 &':!!» |. fi% 071 !_ 7^2, 250 L ORDINARY 498, 914 487,425 591,581 560, 388 565, 221 551, 504 523 187 454,214 420,548 490 213 489 475 623, 329 513,451 539, 001 0." 1, 232 630, 379 074, lt(),l 629.193 November December 428,912 ^31,130 54b, 864 501, 380 538, 274 537, 458 490 342 470, 186 404, 043 476 298 494 089 563, 481 5S6, 1S6 520, 1N9 5<>f> 9l)7 | 5S0 l) 43 6<!b, 361 6'.>7 0.17 791,024 Monthly average... 489,955 521,336 604, 131 638, 970 January February March April Mav July AugustSeptember 51.296 21,019 )7 3,2.11 >7»>, 111 "00,010 >31 337 ">1\ 197 VIS -1X7 56:>, M)0 617. 271) 73'. 1, 572 726, 131 61)5, 529 Ol'O. 917 -s ()- Cu,,i, M() 641, 7."'(1> ; ',00,1M 7 IS, 101) 711.212 (its ,1C) 675, 713 723. .7J1 $:''£ S : '.17 792, 2."7 710. 12.1 711,V>1 6S7. 3M 610 7s> 535, >.6'» 5S7, 010 !•>_, 10.1 4-'.\ i s i 420. so-! 4 N .114 442 671 >>'2(), 0 5 . 1 575 063 703,215 .125. :UV) 6.13 137 6.1s 90'' 795, 222 ./•)!•, 71' 1 (Vi1) 'MM (>\)\ s>)S 621, 13o 736.2,-9 5si r,7i\ 747,137 4 11 .1 ' 1 510. ;,04 45s. 071 4ss,007 4H ll,f 4 14. ;<2S 3"0 ''.0 43- ."'14 43s 7C)> 519,677 639,830 073. 650 723 67S 609.717 617, 485 494,277 423, S13 460,710 o ' s r>() 619 6,0 521, m (ill) 0 1 2 f;r.,i. i ( »~ :>V* 47s. .if.',) i1" O'-6 It fi 4MH. 134 43(). 03.1 400, 412 4 1 3 'ii,> 4'V 03! 370 <W5 41.1 765 .7)7. s.')0 S>s 716 -If, ( 4 . 5 4(J' AH i n . : ; i.'i 4 N ,1 Is 411.3.5316,^73 4,7. 0*7 443, 681 41s. 920 Pi), 132 4."s, 237 r.<>, 779 4(L\ 550 4 I1-1 496 41)7,406 3>7,229 519,770 465, 0S0 INDUSTRIAL January February March April May June July August September October November 112, 678 114,758 137,853 208,105 162, 326 147, 444 132, 798 127, 090 124,905 152, 061 146 882 153 154 179,656 143, 762 156, 792 158, 557 173, 629 154, 495 135, 015 141, 525 145, 052 198,461 150,718 225 892 147, 441 177, 666 193, 604 196, 895 217,735! 198, 113 182, 991 181, 048 175,114 256, 704 207, 980 223 883 227,153 174.782 230. 203 215. 504 235.207 202, 315 194,315 199,076 197. 277 226, 523 235, 691 228 008 185,292 207, 217 241, 701 227, 279 241, 661 221, 780 200, 835 211,157 200, 622 265, 974 252, 737 211,076 236, 303 221, 948 273, 551 259, 901 216, 396 214,882 194, 642 193, 365 198, 949 233.530 202, 948 246, 045 265, 998 230, 778 274, 824 256, 279 240, 501 242, 106 223. 680 219, 144 221, 006 240, 488 249,247 234 046 218 02" 212, 813 264, 415 241, 129 230,0S3 311,92.1 247, oCfi 233, 745 210,423 243,779 208, 481 228 803 214, 320 208, 888 246, 663 234, 941 236. 293 250, 658 253, 228 246, 908 199.217 213,931 230,344 261,773 217,552 220. 568 251, 059 236. 898 222, 956 213,298 206, 641 196. 340 174.156 198, 053 184,883 154, 864 16^,312 168,400 187,761 183, 462 190, 138 198, 046 205, 780 229, 545 180, 105 212,452 202, 843 194, 030 197,108 196,816 228,106 220, 366 226, 013 211,473 202, 255 212,380 170,935 216. 439 205, 463 239, 873 196. 255 209, 017 235, 261 228, 189 215,323 205, 951 203, 465 208, 509 190, 044 233,988 207, 408 187, 874 Monthly average... 143, 338 163, 630 196, 598 213,838 222,278 224, 377 241, 513 237, 594 233, 097 206, 439 193, 406 210, 602 210,107 193, 344 212, 055 246, 010 244, 356 230. 465 233. 333 220, 672 221,692 208, 001 GROUP January February March April May . June July August September October November December Monthly average... 18, 200 16,122 24,988 35, 050 45, 726 54,924 21, 566 21, 969 21, 389 9,817 18 797 231, 497 19,082 15,411 35, 034 44,217 34, 986 21,490 31, 338 22, 931 19,354 131,101 38, 623 184,198 68, 957 36, 696 40, 797 66, 415 39, 041 47, 565 54,947 126, 885 37, 788 54,433 111,066 314,194 56, 280 83, 088 72, 368 80, 663 56, 458 69, 282 78,125 55, 632 73, 456 62, 353 100,448 262, 452 94, 445 46,120 103, 057 46, 960 45, 683 67, 817 54,229 43,977 31, 475 48,625 76, 960 165, 025 46, 841 91, 505 57, 986 62, 007 205,195 113,711 74,196 56, 926 277, 943 72,119 53, 569 224, 331 98,637 58, 607 64, 812 72, 238 109, 827 106, 589 147, 657 99, 773 75,151 105, 394 86,165 160, 514 64, 313 59, 931 73, 234 113,514 91,263 106, 782 130, 036 73,188 138,492 51, 552 59, 340 130, 520 78, 362 103, 587 61,919 99, 069 71, 845 81, 647 46,186 45, 944 37, 300 40, 505 28, 595 101, 205 111,920 35,122 45, 574 64, 883 49,114 50, 606 36, 984 28, 979 61 38, 868 36, 262 67,810 22, 546 16, 842 17, 346 21,711 22, 450 43, 295 42,455 24, 437 23, 028 25, 920 41, 483 55, 693 32, 673 26, 862 33, 241 62, 213 40, 989 57,812 46, 795 39,628 21, 087 36, 206 28,137 71, 394 27, 348 20, 388 30,611 37,495 50, 231 39.537 267, 582 26, 524 22, 501 31, 338 36,981 74, 606 43, 337 49, 814 83, 232 87, 550 68, 698 111,361 98, 780 91,014 66, 347 52, 262 29,767 41,420 55, 429 40, 981 30, 498 56, 213 37,214 59,130 42, 095 79, 323 39,540 35, 601 ofLife Life Insurance InsurancePresidents Presidentsa and supersedet h the datashown showninint hthe 1932AAnnual 84 and 85; 1 Compiled Compiled by b y The The Association Association of n d supersede e data e 1932 n n u a l SSupplement, p p , ppages g ; in the July y 1933 Survey, y, t 1936 where h d i tth i d fform were llast t shown. ho sh a b e were compiled from reports of pages 18 a ndd 19 19; a ndd iin th t h e m o n tthl h l y iissues u n ttil il A August d att a in h e unrevised T h e d a t a shown above include w^hich h a d in force 83 percent of t hee to total b business T h figures fi i l d only l new 40 companies which u e s o u t s t a n d i n gg in all United States legal reserve companies a t t h e close of 1935. The b i id ffor a ndd iis exclusive l i i l iincreases, a ndd d i i d d additions. dditi business t hhatt h a s b been paid off revivals, dividend 19 SUEVEY OF CUKRENT BUSINESS November 1936 LIFE INSURANCE—PREMIUM COLLECTIONS1 [Thousands of dollars] Year 1913 monthly 1914 monthly 1915 monthly 1916 monthly 1917 monthly average__ average.average._ average.. average.- Month Ordinary Industrial Group Annuities Total 48, 981 51,331 53,963 58, 283 64,292 1923 1924 38,168 39,699 41,445 44,860 49,544 1925 10, 778 11,580 12,421 13, 280 14,440 36 52 97 143 308 1926 1927 1918 monthly 1919 monthly 1920 monthly 1921 monthly 1922 monthly 1928 1929 average _ average _ average_ average. average. 1930 Ordinary Industrial Group Annuities Total Year 69,906 82,183 95, 762 103, 901 114, 798 1931 1932 53,563 63,105 73, 923 79, 769 87, 426 1933 15,807 18, 088 20, 342 22, 587 25, 751 1934 536 991 1,498 1,545 1,621 1935 1936 TOTAL January February March.__ April May June July August September October November December 121,814 119. 898 137, 086 128, 869 129, 243 129,110 126, 271 125, 298 111,961 129, 123 128, 635 169, 626 136, 024 139, 286 143, 190 143, 221 147.515 140. 776 144, 556 132,315 129, 079 143, 326 136,316 203,141 155, 006 150, 681 172, 312 165, 220 164, 888 160, 707 163,181 149, 314 145, 272 159,342 158, 720 227, 715 168,148 167, 052 187, 631 180, 602 173, 696 177, 875 178, 326 163, 206 160, 308 171, 730 174, 774 233, 737 185, 431 181,475 207, 288 197, 351 192, 320 198, 243 188, 223 187,109 176, 490 189, 496 192, 224 261, 577 208, 088 217, 489 223, 508 211,794 220, 952 209, 022 210,585 190, 805 188,411 213.900 207, 852 283,102 220,318 227, 281 230, 486 233, 436 231, 163 219, 063 230, 407 214, 741 204, 018 220, 095 221, 883 290, 439 244. 235 228, 890 259, 185 238, 720 241. 901 235, 809 238,019 219, 555 217,392 233, 388 224, 377 331,021 250,519 238,962 267, 087 255, 607 205, 833 253,620 257. 139 232, 131 219, 530 23*. 687 232, 499 345, 710 245, 270 247, 336 258, 096 248, 011 242, 537 239, 553 235, 609 232, 203 207, 905 234, 072 221,215 333,272 239 503 220 883 220 773 224 739 239 385 235. 010 252 089 221, 088 200 719 223, 319 212, 582 323, 109 247, 475 222, 615 249, 152 242, 908 242, 417 244, 362 250,616 232, 877 209. 893 243, 181 234,427 3o5, 546 299, 651 242, 057 250, 420 250, 815 252, 955 240,355 200. 721 238, 531 223,811 244, 678 249,538 348,175 Monthly average 129, 745 144, 895 164, 363 178, 090 196, 440 215, 959 230, 661 242, 963 254,782 ! 245,436 235, 936 248, 789 258, 978 283, 709 250, 063 259, 941 248. 049 250, 655 251,841 255, 954 ORDINARY January February March April May June July August September October November December Monthly average.__ 91, 91, 106, 98, 100, 98, 95, 94, 82. 117 97, 596 103,423 106, 516 108, 692 111,441 112, 117 105, 751 110,919 97, 445 93,120 106,897 101, 532 139, 339 114,285 114,655 126,117 126. 207 124. 728 119, 407 123, 141 107, 824 105, 091 110,732 116, 027 155, 597 121, 894 121. 144 139,473 136, 599 129, 146 129, 922 131, 230 115, 085 115, 698 123, 007 125, 100 152, 107 132,446 133,386 155, 978 140,274 141, 627 146, 497 135, 992 132, 022 120, 432 134,433 139, 089 165, 203 145,906 151, 673 166,030 155, 175 102. 838 151,939 150,217 140, 872 133, 330 151, 702 152, 120 179, 160 157, 574 157, 005 172, 812 169, 331 171, 254 155, 917 100, 981 151, 409 140, 761 166. 493 153, 830 188, 260 101, 595 160, 322 179,536 171, 405 172,429 103, 540 108, 034 148, 458 145, 449 102,808 152, 013 190, 071 167, 458 164,128 183, 883 181,146 173, 015 171. 252 175, 745 152, 289 148, 037 103, 037 150,341 198, 354 161, 691 167,819 179, 159 109, 019 105, 282 100, 119 155, 444 153, 822 137, 752 151,803 151. 297 179, 330 153, 700 150,334 153. 3C7 155,787 103,128 154. 750 153,898 143, 537 130, 208 143, 784 143,898 170, 693 154, 310 144,143 163, 126 157, 674 157, 521 153,008 154,952 142,250 128, 740 152, 742 141,835 178, 681 166,176 153, 007 159, 798 158,790 102. 075 149, 489 102,509 145, 388 130,887 155, 319 153,827 179, 031 108, 099 120, 828 128, 423 140,832 153, 419 162, 690 164, 643 169, 557 161, 545 151, 424 152, 420 156, 858 167,172 158, 809 161,147 158. 924 155, 901 155, 044 161,712 INDUSTRIAL January February March April May June July August September October November December _ Monthly average 28, 002 25, 706 28, 640 27, 869 27, 339 29,169 28, 877 29, 006 27, 378 30, 697 29,195 48, 804 29, 867 30, 200 32, 814 29, 235 32, 903 32, 744 30, 758 32, 530 33,811 33, 404 32,191 59, 616 36, 550 32, 901 37,022 33,829 36, 574 37,977 36, 665 37, 808 37, 057 38, 951 39, 074 65, 018 41, 247 37, 801 43, 344 39, 719 40, 299 43, 747 42, 639 43.419 40, 827 43, 988 45, 281 73, 947 45, 920 43. 280 45, 534 45, 650 45, 750 46, 584 47,108 49, 220 45, 741 49, 272 48, 273 89, 926 54, 564 48, 193 51,013 50, 691 52,184 51, 509 53, 072 50, 228 49, 343 55, 691 49,155 96,864 53, 80G 51, 956 56,159 55, 769 52, 218 55, 801 57, 932 56,143 56, 773 51, 705 57, 973 97, 619 58, 711 55, 659 65. 605 53,948 58, 459 59, 522 54, 602 58, 901 59, 859 55, 851 58,108 112, 665 62, 659 56, 387 62,920 53, 854 59, 884 60, 653 55, 612 62, 874 55, 319 58, 365 59, 204 113,491 60, 570 61,157 56, 810 57, 693 57, 954 55, 020 57, 066 58, 636 53, 379 58, 052 51, 048 116, 839 59, 243 51, 997 50, 448 48, 520 53, 440 50, 987 54, 025 47, 853 52, 939 53, 612 46, 253 113, 588 59, 051 51,121 54,012 52, 339 48, 018 54, 523 54, 072 49,111 50, 772 55, 301 48, 393 104, 056 52, 549 53, 512 54, 257 54, 620 48, 658 52, 331 55, 488 51,561 53, 941 49, 790 54, 002 94, 212 30,057 34,178 39,119 44, 688 50,189 55, 209 58, 655 62, 663 63,435 62, 019 56, 909 56, 731 56, 244 2,050 2,531 1,868 2,038 1,684 1,771 1,930 1,925 1,695 2,174 2,345 3,093 2, 734 2,570 1,684 2, 545 2,435 2,281 2,879 2,340 2,148 3,025 2,593 4,186 4,171 3,125 9,173 5,124 3.586 3,263 3,375 3,682 3,124 3,659 3,619 7,100 5,007 8,107 4,814 4,284 4,251 4,206 4,457 4,102 3,783 4,735 4,327 7,683 7,065 4,803 5,774 5,427 4,943 5,162 5,123 5,327 4,317 5,791 4,862 6,448 7,618 17,623 6,465 5,928 5, 930 5,574 7,296 5,705 5,738 6,447 6,577 7,078 8,938 17, 660 7,515 8,336 7,,691 7,345 11,494 7,129 6,484 8,497 10,080 10, 560 9, 669 8,099 8,343 7,598 8,003 7,615 8,480 6,508 7,220 7,944 7,269 9,225 10,108 8,667 8,790 8,398 8,037 8,117 8,114 7,895 7,520 7,485 7,464 10,166 8,861 8,224 9,333 8,178 7,205 7,683 7,506 7,980 6,798 7,285 7,063 8,644 9,235 7,571 8,718 6,878 7,787 7,412 8,253 7,902 6,842 7,216 6,909 9,226 9,060 7,765 9,724 8,255 8, 250 7,814 8,885 8, 350 7,870 8,344 7,845 9,753 9,864 8,785 10,114 8,580 8,966 8,415 9,567 9,281 8,537 8,546 8, 515 10, 682 2,092 2,618 4,417 4,980 5,420 7,332 9,311 7,998 8,397 7,897 7,829 8,493 9,154 14,260 4,810 5,701 5,769 6,010 5,192 6,903 5,628 4,864 6,725 6,987 19, 060 10, 294 9,780 11, 494 12, 269 24,897 13,598 17, 668 9,073 8. 654 9,800 9,490 23, 699 14,148 10,136 12, 794 13,151 12, 096 10, 731 15, 653 11,765 10, 036 16,932 11,807 28,459 17,325 16, 981 14, 300 13, 554 15, 030 21, 891 35, 913 21, 796 16, 670 18, 707 15, 522 29, 602 25, 054 19, 586 22, 290 24, 640 28, 628 28, 957 32, 707 33,166 22,511 26,794 36, 354 73,056 71, 062 26, 753 26, 251 28, 849 33, 256 30,120 39,157 32, 301 24,446 31,023 33,194 64, 250 7,659 13,393 13,976 19,774 31,145 36,722 53, 805 56, 245 58, 223 47, 959 55, 009 58, 926 51, 522 GROUP January February March April May June July August September October November December Monthly average 10,836 9, 451 9,790 10, 679 9,365 9, 700 10, 047 ANNUITIES January February... March April May June... July August September.. October November.. December.. Monthly average. 1 51,896 25, 558 30, 781 30,487 30, 380 27, 571 32,673 Compiled by The Association of Life Insurance Presidents and supersede data shown in the 1932 Annual Supplement, pages 84 and 85, in the June 1933 issue, page 18, and in monthly issues until the October issue where data in the unrevised form were last shown. The data shown above are compiled from reports of 40 companies which had in force 83 percent of the total business outstanding in all United States legal reserve companies at the close of 1935. The data include total premium collections, new Digitizedand forrenewal, FRASER considerations for annuities, and for supplementary contracts involving life contingencies. Annuities were shown separately beginning with January 1930. 20 SUEVEY OF CURRENT BUSINESS November 1936 EMPLOYMENT AND AVERAGE HOURLY WAGES—CLASS I RAILWAYS x 1921 1922 1923 1924 1925 1926 1927 1928 1929 1930 1931 1932 1933 1934 1935 1936 Month EMPLOYMENT (thousands of employees) January February... March April May June July August SeptemberOctober November.. December.. 1,620 1,665 1,703 1,739 1,717 1,622 ,613 L, 670 L,452 ;L, 578 L, 693 L.788 L,804 L, 773 1,763 1,767 1,800 1,827 1,880 1,918 1,938 1,957 1,929 1,920 1,883 1,777 2 1, 678 L, 630 1,863 ]L, 537 ] ,530 ] ,555 : ,563 Monthly average.. 1,734 1,737 1,744 1,771 1,776 1,754 1,757 1,773 1,785 1,806 1,772 1,720 1,712 1,709 1,706 1,729 1,751 1,765 1,779 1,784 1,787 1,800 1,772 1,737 1, 713 1,716 1,729 1,767 1,792 1,817 1,840 1,836 1,838 1,849 1,811 1,757 1,707 1,704 1,714 1,742 1,776 1,804 1,806 1,779 1,771 1,767 1,712 1,643 1,597 1,591 1,609 1,642 1, 693 1,719 1,712 1,714 1,706 1,708 1,664 1,605 1, 578 1, 589 1,611 1, 649 1,697 1,719 1, 728 1, 743 1,731 1,733 1,664 1,588 1,544 1,527 1,530 1,556 1,585 1, 548 1,515 1,498 1,470 1,439 1, 378 1, 340 1,318 1,301 1,303 1,315 1,322 1,302 1,294 1,273 1,239 1,210 1,155 1,119 1,094 1,079 1,082 1,073 1.068 1,034 1,009 983 997 1,020 1,000 981 947 943 921 927 940 960 993 1,019 1,035 1,029 1,002 970 970 980 1,003 1,021 1,048 1,059 1,053 1,036 1,027 1,016 982 965 964 973 983 981 1,001 1,019 1,023 1,015 1,013 1,021 1,001 987 1,761 1,753 1,789 1,744 1,663 1,670 1, 494 1,263 1,035 974 1,013 999 991 1,042 1,032 1,061 1,080 1,089 1,097 1,102 AVERAGE HOURLY WAGES (dollars per hour) January February. _. March. April May June July August SeptemberOctober November.. December.. 0.600 .593 .599 .598 .605 .605 2 Monthly average . 600 0.611 .623 .605 .604 .596 .597 .569 .566 .583 .583 .593 .598 0.594 .607 .588 .591 .585 .585 .587 .582 .597 .589 .600 .602 0.603 .614 .603 .598 .595 .599 .595 .596 .604 .599 .613 .613 0.614 .628 .610 .605 .605 .601 .600 .602 .610 .606 .621 .617 0.625 .636 .616 .613 .612 .607 . 606 .608 .618 .616 .625 .630 0.636 .648 .625 .623 .623 .617 .622 .620 .634 .631 .638 .641 0. 647 .654 .637 .639 .628 .628 .633 .627 .645 .636 . 649 .655 0.653 .674 .653 .647 .643 .645 .640 .638 .656 .647 .661 .667 0. 666 .680 .659 .652 .648 .654 .652 .654 .665 .659 .680 .671 0.670 .690 .669 .665 .665 .659 .661 .662 .670 .665 .685 .676 0.679 .624 .607 .608 .605 .602 .608 .599 .611 .609 .616 .615 0.616 .631 .607 .613 .603 .603 .608 .598 .606 .603 .614 .617 0.612 .631 .609 .611 .601 .600 .620 .613 .630 .616 .632 .636 0.647 .667 .647 .676 .669 .670 .662 .659 .678 .667 .682 .686 .593 .592 .602 .610 .618 .629 .639 .651 .661 .669 .616 .609 .617 .668 0.682 .695 .676 .670 .670 .663 .664 .665 1 Data are compiled by the Interstate Commerce Commission and represent the number of employees, exclusive of executives, officials, and staff assistants, for class I railways, including the switching and terminal companies of these railways. Data are for those on the pay roll at the middle of the month. The changes in the average hourly earnings during 1934 were due, in part, to the restoration of H of the 10 percent wage cut made in 1932. The partial restoration was effective July 1, 1934. Another H of the 10 percent cut was restored on January 1,1935, and the remainder on April 1,1935. Data for the separate classes of employees (executives, officials, and staff assistants) are not available prior to July 1921, therefore, data comparable with those in this table cannot be compiled. It must be kept in mind that the average hourly wages are effected by changes in the proportions of employees in each wage group and by changes in the wage rates. 2 Average of six months, July to December, inclusive. FACTORY EMPLOYMENT AND PAY ROLLS, WILMINGTON, DELAWARE 1 [Monthly average 1923-25=100] 1923 1924 1925 1926 1927 1928 1929 1930 1931 1932 1933 1934 1935 1936 Month EMPLOYMENT January February March April May June July August September October November December , Monthly average 107.8 108.7 113.3 115.4 114. 9 116.0 114. 1 109.6 105.3 105.3 99.1 100.0 96.2 97.9 95.5 99.4 95.8 88.8 90.7 86 8 83.1 85.0 92.0 94.6 99.1 97.9 100.0 99.4 102.7 101.6 95. 5 94.6 94.3 96.1 98.2 104.2 103.9 107. 5 108.4 105. 0 102.1 100. 3 99.1 101.2 101.7 98.1 98.4 102.3 103.6 105.8 105.2 101.6 98.2 95. 6 98.6 98.9 100.9 102.3 104. 6 106.8 105.8 103.3 101.9 100.8 101.1 99.6 99.3 98.3 98.8 98.3 97.7 99.6 99.3 101. 9 102. 4 107. 0 107. 3 107. 4 112. 1 115.9 115.0 111.8 113. 0 109. 5 105.8 102.5 103.3 103.9 102.3 100.9 96.3 96.1 90.5 87.5 81.1 79.8 81.1 81.7 82.6 81.1 80.8 80.1 78.0 77.5 75.3 68.8 69.4 70.7 74.4 75.2 72.8 71.6 69.4 67. 7 66. 3 64.1 66.9 66.7 67.1 69.2 68.1 68.7 65.5 63.8 67.0 72.7 80.5 86.4 88.5 86.8 86.4 85.1 81.3 85.5 87.5 88.3 87.8 89.9 88.7 85.0 84.6 86.2 81.6 80.2 80.1 79.3 79.0 80.6 81.0 83.0 81.5 83.0 83.8 87.1 85.1 87.0 109.1 92.1 98.6 102.3 101.8 100.4 108. 5 95.8 77.3 69.3 76.6 85.5 82.5 87.0 86.9 86.1 85.3 93.3 96.3 PAY ROLLS January February... March April May June July August SeptemberOctober November. December.. 101.2 101.9 110.3 115.2 118J 133.3 116.4 106.1 105.3 108.6 104.3 104.9 99.1 101.4 99.9 101.4 95 0 84.8 78. 7 80.2 79.6 82.9 84.3 97.5 103.1 99.7 100.9 100.0 104.9 98.9 92.3 94.2 89.2 98.4 101.0 106.1 109.0 112.1. 111.9 109.1 103.4 103.0 98.0 102.6 104. 2 101.4 102.1 107.0 104.2 109.6 108.5 106.5 102.1 96.6 97.6 98.7 102.3 104.2 106.8 112.5 107.0 105.3 105.2 100.0 105 0 102.9 97.5 99.7 102.0 102.9 102.0 108.0 104. 2 108. 4 106. 8 111.9 115.2 116.7 116.1 120. 8 122. 8 121.1 121. 2 117.9 114.2 108.4 109.0 112.4 109.2 108.7 102.8 100.3 95.4 91.3 81.6 80.0 81.1 84.1 85.9 82.1 84.7 80.5 74.1 72.8 68.0 01.8 60.4 62.6 64.6 67.2 64.9 59.9 56.1 54.2 51.4 49.6 53.1 53.4 51.6 54.7 51.8 53.3 48.3 46.5 52.9 58.9 67.7 67.0 69.5 69.7 67.6 68.7 65.3 70.5 71.2 72.0 71.2 74.0 73.7 69.9 69.3 72.7 66.1 65.7 66.3 67.8 66.5 67.7 67 2 69^2 67.9 69.7 71.8 74.2 74.6 78.4 Monthly average 110.5 90.4 99.1 105.3 104.1 103.1 115.3 101.1 74.8 56.7 60.2 70.1 70.1 78.0 76.5 75.6 76.5 79.1 82.9 84.8 90.5 i Compiled by the Federal Reserve Bank of Philadelphia from original reports collected monthly by the bank in cooperation with the U. S. Bureau of Labor Statistics. The reports represent the Wilmington industrial area (New Castle County) and cover 1 pay-roll period ending nearest the 15th of the month. All pay-roll figures are reduced to a weekly basis. The indexes, in a continuous series from 1923 to date, are based upon reports from approximately 56 manufacturing plants representing 28 major industries, which in 1935 employed over 9,000 wage earners and whose total pay roll amounted to about $9,901,000. Estimated on the basis of the 1933 Federal Census of Manufactures, the employment index represented about 65 percent of all workers engaged in the manufacturing industries of that area, and the pay-roll index represented approximately 67 percent of total wage payments. The indexes are constructed from combined totals by the use of the fixed-base method and are not weighted. The indexes are not adjusted for seasonal variation, but they have been adjusted to the Federal Census of Manufactures from 1923 through 1931 and will be similarly adjusted to subsequent Censuses. The base period used for the indexes is the monthly average for the 3 years 1923-25 taken as 100. 21 SUKVEY OF CURRENT BUSINESS November 1936 WEEKLY BUSINESS INDICATORS0 [Weekly average, 1923-25=100] 1934 Oct. Oct. Oct. Oct. Sept. Oct. Oct Oct."Oct. 24 17 10 3 26 26 19 27 20 Business activity: New York Times* Business Week* Commodity prices, wholesale: Dept. of Labor, 1926=100: Combined index (784) Farm products (67) Food (122) Allother (595) Fisher's index, 1926=100: Combined index (120) Copper, electrolytic! Cotton, Middling, spot __ 101.1 102. 3 102. 5 102.3 102.7 90.2 89.3 77.2 77.8 75.3 76.0 76.9 77.3 76.6 67.4 67.0 57.4 57.6 81.1 84.2 82.1 80.1 81.2 84.7 82.5 79.9 81.2 84.1 82.6 79.9 81.3 84.5 83.0 79.8 81.0 80.3 80.7 76.2 76.2 83.1 79.5 70.8 70.9 82.5 84. 85. 75.4 74.9 79.7 78.4 78.4 78.0 77.9 84.0 83.! 83.8 84.0 84.0 85.3 85.5 78.8 79.0 68.1 68.8 68.8 68.8 65.2 65.2 63.8 63.8 44." 46.0 45.2 41.5 46.0 46.0 50.9 57. 43.5 Construction contracts! 85.1 16.2 85.5 85.4 84.2 Distribution: Carloadings Employment: Detroit, factory.. 99. 83. Finance: Failures, commercial. Security prices: Bond prices!.. Stock pricesj 53.5 28.4 33.1 76.4 65.2 66.8 50.2 39.3 34.2 40.3 36.1 32.9 57.5 53.1 55.3 52.6 1935 1934 1936 Oct. Oct. Oct. Oct. Sept, Oct. Oct. Oct. Oct. 27 20 24 17 10 3 19 ITEM Finance—Continued. Banking: Debits, outside N . Y. C . t . . . Federal Reserve reporting member banks:! Loans, total Interest rates: Call loansf Time loanst Money in circulation Production: Automobiles Bituminous coalt Cotton, consumption Electric powerj Lumber Petroleum Steel ingots Receipts, ^primary markets: Cattle and calves Hogs Cotton Wheat 117. 2 107. 3106.8 104. 6 104.3 117.5 141. 6 142. 2 141.0 137.1 137.0 113.3 110.8 84.5 85.2 •Data do not cover calendar weeks in all cases. * Computed normal=100. 103.8 >. 2 100.1 96.1 87.6 84.3 97.5 16.3 70.0 69.6 70.0 69.2 63.5 63.8 i6.5 66.6 24.2 24.2 24.2 24.2 24.2 6.1 6.1 28.6 28.6 28.6 28.6 28.i 5.7 5.7 20.1 20.1 130. 2 130. 3 130.1 129. 5 128. 6 117. 4117.6 112.3 112.9 78.3 63.0 51.1 29.9 20.7 81.3 95.0 93.7 89.4 85.6 79.3 124.0 119.0 123.1 129.1 102.0 130.1 130. 3 130.1130.2 129.5 113.8 63.5 52.9 62.7 63.2 148.0 147.9 145. 2 143. 4 145. 5134.3 97.4 100. 0 100. 0 98. 7 '.7 58.2 40.7 45.8 81.0 70.6 70.5 96.4 91.4 91.9 111.8 100.7 100.1 53.4 31.7 34.3 133. 6 112.1114.3 1.7 34.2 32.9 108. 9 114.1 112.9 112.9 110.1 104. 2 120. 6128.3 125. 7 133.5 64.2 56.4 49.4 43.6 43.4 43.9 34.! 69.3 68.4 280. 8 276. 5 258.1 230.8 234. 6 277. 3 266. 2 173.5 162.3 50. 8 39. 5 35. 6 38.9 32.3 67.1 86. 3 32. 0 37.0 !Daily average. t Weekly average, 1928-30=100. WEEKLY BUSINESS STATISTICS* ITEM C O M M O D I T Y PRICES, WHOLESALE Copper, electrolytic, New York dol. per lb__ Cotton, middling, spot, New York _dol. per lb.._ Food index (Bradstreet's) dol. p e r l b . . Iron and steel, composite. __dol. per ton Wheat, No. 2, hard winter (K. C.) dol. per bu_. 1936 October October October October 24 17 10 3 0.095 .122 2.75 34.66 1.22 0.095 .125 2.75 34.64 1.25 0.095 .123 2.74 34. 60 1.22 3,890 4,814 2,848 3,834 2,463 3 6 September 26 September 19 0.095 .125 2.75 34.62 1.22 0.095 .123 2.78 34.19 1.26 4,144 4,642 3, 933 4,455 2,485 2,472 3 8 3 8 2,430 6,693 2,127 2,430 6,617 2,072 15, 228 5,072 13,820 1935 October October 1934 October October 1933 October 26 19 27 20 28 0. 095 .124 2.82 34. 22 1.22 0.090 .113 2.74 32.85 1.14 0.090 .113 2.74 32.83 1.16 0.088 .125 2.37 32.12 1.01 0.088 .125 2.38 32.09 1.04 0.075 .099 1.89 30.42 2,997 4,062 4,468 4,594 3,833 3,914 3,344 3,770 2,628 3,187 2,707 3, 336 3,067 2,951 2,473 2,473 2, 495 2,472 2,496 2,452 2,457 2,526 3 9 3 7 3 8 5 7 5 9 6 11 2,430 6,479 1,954 2,430 6, 357 1,840 2,430 6,225 1,743 2,430 6,206 1,707 2,430 5,575 2,900 2,430 5,534 2,878 2,430 3,985 1,733 6 12 2,430 3,996 1,762 2,400 2,693 15, 052 5,068 13,873 14, 989 5,073 13, 904 15,116 5,063 13, 929 14, 999 5,018 13, 962 14,910 5,031 13, 955 13,463 4,963 12, 391 13,268 4,921 12, 325 11, 262 4,877 10, 760 11,181 4,859 10, 751 11,159 4,912 8,318 9,286 9,323 9,359 9,336 9,377 9,376 8,130 8,118 7,183 7,182 5,230 1, 254 8,751 3,192 5 559 1.00 1.25 1,258 8,695 3,166 5,529 1.00 1.25 1, 250 8,703 3,215 5,488 1.00 1.25 1,256 8,753 3,242 5, 511 1.00 1.25 1,252 8,648 3,213 5,435 1.00 1.25 1,247 8,659 3,241 5 418 1.00 1.25 1 128 7,931 3,032 4,899 1,119 7,975 3,020 4,955 505 482 .25 .25 .25 .25 4.651 4.89 4.661 4.89 4.670 4.90 4.789 4.94 6.583 5.04 6.583 5.06 6.592 4.91 164 147 .85 FINANCE Banking: Debits, New York City mills, of dol Debits, outside of New York City_ .mills, of dol... Federal Reserve banks: Reserve bank credit, total mills, of d o L . 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 d o l . . Obligations fully g u a r a n t e e d 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 number Money in circulation mills, of dol_. Security markets: Bond sales (N. Y. S. E 1 .)--thous. of dol. par value-Bond prices, 40 corporate issues dollars.. Stock sales (2V. Y. S. E.) thous. of shares-Stock prices (N. Y. Times) dol. per share.. Stock prices (Standard Statistics) (419). .1926= 100- Industrial (347) 1926=100-. Public utilities (40) 1926= 100-. Railroads (32) 1926=100-PRODUCTION, CONSTRUCTION, AND DISTRIBUTION Production: Automobiles (Cram's estimate) -.number Bituminous coal (daily av.)--thous. of short tons.. Electricpower mills, ofkw.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_. Data do not cover calendar weeks in all cases. Digitized for• FRASER 160 139 134 130 234 7 115 847 8,310 3,188 5,122 1.00 8,324 3,193 5,131 1.00 .88 .88 .75 .75 6.590 4.91 6.605 4.94 6.643 4.94 5.776 4.70 216 225 214 9,074 3,788 5,286 290 6,322 6,325 6,318 6,287 6,245 6,264 5,699 5,711 5,455 5,484 5,627 70,920 105. 24 9,298 137. 51 121.3 139.2 110.2 59.9 66, 660 105. 50 8, 698 138.10 119.6 136.8 109.3 60.2 97,140 105. 46 12, 801 136. 92 118.6 135.6 110.0 58.2 80, 020 105. 11 8,844 133.18 114. 1 130.5 106.4 55.2 84,190 104. 96 8,407 133. 02 115. 1 131.7 106.8 55.9 59, 440 104. 64 6,116 132. 01 112.7 128.7 105.9 54.5 73, 570 96.06 14, 275 110. 07 89.1 103. 1 84.6 35.7 61, 750 95.67 10, 460 107. 59 86.7 100.3 81.9 34.9 67, 940 93.67 3,991 82.02 68.2 77.4 63.1 37.0 67, 870 93.37 3,263 82.73 68.2 77.5 63.2 35.9 49,800 83.68 9,828 79.28 68.5 74.4 74.2 39.3 59,740 1,618 2,167 3,083 48,095 1,610 2, 170 3,080 39, 345 1,596 2,168 3,025 22, 800 1,523 2,169 2,988 15, 764 1,457 2,157 3,030 33, 600 1,419 2,171 3,037 62, 015 1,384 1,896 2,798 44,416 1,379 1,863 2,783 31, 030 1,202 1,677 2,336 36,973 1,201 1,668 2,380 25, 234 1,257 1, 622 2,358 75 76 8,178 9,290 8,594 4,564 5,311 5,741 815,972 164, 949 36, 327 33,025 22, 273 170,819 49, 766 338, 813 826,155 167, 726 36, 033 32, 582 22, 612 168. 999 55, 281 342,922 820, 195 166, 047 34,813 30, 058 21,911 172, 768 60, 752 333, 846 819,126 169, 073 34, 781 31,876 20, 519 172, 632 57, 865 332, 380 807, 070 152, 728 37,131 33, 674 19, 321 172, 051 58, 604 333, 561 789, 510 146, 842 35,452 33, 075 18, 738 170, 423 59, 232 325, 748 710, 621 139,051 30, 696 33, 932 20,931 165,914 32, 636 287, 461 732, 304 145, 721 31, 376 36,118 22, 970 166, 283 33, 602 296, 234 624,808 124, 696 21,923 32, 164 25, 543 161, 704 14, 655 244,123 640, 727 131,813 23,345 31, 292 27, 392 163,400 16, 685 246, 800 642,423 138, 790 24,174 30, 157 22,146 171. 733 19.917 235, 506 344 417 730 360 366 719 357 321 671 348 233 600 329 282 610 339 267 614 381 285 721 405 227 692 401 453 451 425 447 422 318 356 571 4,040 3.145 2, 83^ 3.(^3 2,569 2,223 5,338 6,869 2,542 2,941 3,252 74 76 75 6,977 74 53 11,025 53 26 25 29 22 SURVEY OF CURRENT BUSINESS November 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 sup- plement 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 September will be found in the Weekly Supplement to the Survey. 1936 1935 Monthly statistics through December 1931, together with explanatory footnotes and references to the sources of the data, may b« found in the 1932 Annual Supplement to the Survey Septem- Septem- October Novem- December ber ber ber 1936 January February March April June May July August BUSINESS INDEXES BUSINESS ACTIVITY (Annalist)f Combined index normal = 100.. Automobile production normal = 100— Boot and shoe production normJ=100_. Carloadings, freight normal = 100.. Cement production normal = 100._ Cotton consumption normal = 100.. Electric power production.__normal = 100._ Lead production nornicil = 100__ Lumber production normal = 100.. Pig-iron production normal = 100— Rayon consumption normal = 100__ Silk consumption normal = 100._ Steel-ingot production normal = 100. _ Wool consumption normal =100— Zinc production normal =100— 1C2. 97. 04. 09. 137. 103. 70. 87 107". 100. 87. 108. 51.8 103. 0 96.9 79.3 76.0 80.0 112.3 76.2 80.9 141.2 70.8 96.7 120.8 148. 5 93.7 55. 4 115.8 97.9 84.2 78.6 84. 5 119.9 78.5 86.6 133.0 74.3 92. 2 103. 0 135.6 90.9 42.3 114.4 97.6 70.7 82.0 76.3 105.6 65.8 69.5 124.0 76.0 88.9 89.8 116. 5 89.2 42.7 1C4.9 97.4 71.6 73.8 67.5 109.4 59.8 67.0 117.3 68.1 89.4 109. 9 .117.5 87.4 52.8 107.6 96.2 71.5 77.6 68.0 96.3 65.8 70.2 107.2 74.1 94.1 117.6 112.3 91.0 63.3 112.4 98.3 79.7 75.3 80.8 105.3 70.2 95.6 86.2 81.7 95.8 112.6 113.2 93.1 66.2 105.4 100.0 82.6 82.8 85.7 104.5 68.6 91.3 89.3 84.3 97.6 112.5 105. 7 92.3 62.6 118.8 99.7 84.7 82.7 91.3 129.8 70.3 97.0 108.4 88.0 102.1 118.9 127.5 95.1 64.2 141.5 101.6 87.3 84.6 95.5 145. 4 77.2 100. 3 112.9 89.8 102.2 107.3 126 2 93.0 71.8 133.3 1C4.2 71.3 83.6 100.0 126. 7 83.2 108.9 112.1 83.4 97 96 77 59 86 193 85 115 97 98 124 58 86 192 89 104 95 125 46 82 202 90 106 95 95 108 29 92 201 83 109 95 93 93 29 82 174 87 113 96 97 124 42 86 194 94 110 103 105 149 70 85 235 111 108 105 105 142 87 82 231 114 103 104 105 134 92 87 196 113 104 105 128 91 90 198 111 112 106 106 82 99 87 226 118 » 126 173 97 64 106 143 92 65 61 119 56 139 68 79 «91 «92 «91 47 78 D.181 83 104 176 91 35 116 148 100 62 82 105 70 141 74 78 95 95 "96 52 83 193 88 105 176 99 105 111 140 95 50 80 37 70 143 73 82 170 107 92 110 141 99 75 172 89 100 108 135 106 168 85 107 102 132 89 40 70 178 113 116 103 140 94 65 71 105 59 82 »192 96 109 69 150 97 95 100 •100 a 122 71 90 * 213 100 110 181 130 97 101 161 100 57 66 157 70 149 101 99 « 104 •105 118 74 88 •218 113 •102 182 124 76 107 167 101 53 60 145 99 90 93 93 »107 58 87 •184 83 107 179 121 118 100 147 100 69 66 120 73 150 88 95 101 •101 «117 74 84 •220 105 112 172 «97 64 106 129 87 65 58 62 59 135 71 84 176 °91 48 113 138 93 48 75 62 68 140 75 80 176 »99 119 106 137 92 48 71 44 67 144 68 82 178 "113 120 100 152 105 63 180 «121 94 100 145 101 69 181 •130 77 107 147 70 150 75 149 91 94 86.1 45.6 J14. 2 80.4 43.0 98.6 95. 2 75.2 80.8 68.3 110.4 91. 5 70.9 125.9 72.1 89. 1 77.6 115. 2 84.8 45. 7 108. 7 94.9 79.2 77.8 73. 6 112.3 92.4 76.9 151.9 68. 7 02.0 118. 1 119.8 90 89 28 59 81 181 83 120 INDUSTRIAL PRODUCTION (F.R.B.) Total, unadjusted.._ 1923-25 = 100. Manufactures, unadjusted.._ 1923-25= 100— p 107 Automobilesf 1923-25 = 100— 42 Cement 1923-25=100 100 Food products 1923-25=10090 Glass, plate 1923-25 = 100-236 118 Iron and steelt 1923-25 = 100130 Leather and shoes t 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 v 120 Textiles 1923-25=100173 Tobacco manufactures 1923-25=100— 109 Minerals. unadjusted 1923-25=100.. Anthracite 1923-25=100. Bituminous coal 1923-25=100. 178 Iron-ore shipments 1923-25=100— 57 Lead 1923-25= 100Petroleum, crude — 1923-25=100— v 152 Silver 1923-25=100Zinc 1923-25=100- "~~93 M09 Total, adjusted 1923-25=100P110 Manufactures, adjusted 1923-25=100107 Automobilest 1923-25=10080 Cement 1923-25= 100.. 90 Food products 1923 25=100236 Glass, plate 1923-25=100119 Iron and steelt 1923-25=100P113 Leatber and shoesf 1923-25= 100— Lumber 1923-25=100. Paper and printing 1923-25=100. Petroleum refining 1923-25=100Rubber tires and tubes 1923-25=100. Shipbuilding 1923-25=100. v 120 Textiles 1923-25=100__ 157 Tobacco manufactures 1923-25=100— 101 Minerals, adjusted 1923-25=100Anthracite 1923-25=100— Bituminous coal 1923-25=100.. Iron-ore shipments 1923-25 = 100 93 Lead 1923-25= 100.. 60 Petroleum, crude 1923-25=100. 147 Silver 1923-25=100... Zinc 1923-25=-100 138 105 119 96 69 83 70 142 68 86 •101 a 101 •107 59 83 •202 103 124 •108 47 92 •201 86 118 64 140 100 82 94 °92 «93 49 84 •174 83 111 173 «99 179 111 147 101 71 78 169 »107 129 105 148 103 70 80 172 "89 141 102 148 110 93 92 °85 138 100 140 95 48 70 70 146 63 148 80 84 62 143 93 77 59 146 90 85 84 142 81 89 91 146 103 103 147 85 97 *108 »109 *124 74 92 »220 119 113 113 158 •104 47 "75 177 58 152 88 93 *108 1 110 * 111 77 91 *226 121 •114 183 124 52 115 154 101 65 80 81 71 144 101 104 120 147 98 47 °77 87 60 •149 88 100 • Revised. p Preliminary. T Revised series, refer to t h e indicated pages of the monthly issues for revisions. T h e Annalist indexes of business activity have been revised for the period 1923-36. For revisions see p. 20 of the October 1936 issue. Federal Reserve Board indexes, leather and shoe production, January 1919-October 1933, January 1934, p . 19; automobile and steel production for 1933, September 1934, p. 22; leather and shoe production, 1935, p. 22, April 1936. Federal reserve adjusted indexes revise as follows: Total industrial, total manufacturing, plate glass, beginning January 1935 and automobiles beginning August 1935. Since December 1934 no seasonal adjustment has been made for tire and tube production. Revisions not shown above will appear in a subsequent issue. 23 SURVEY OF CUREENT BUSINESS November 1936 1936 1935 Monthly statistics through December 1931, ;ogether with explanatory footnotes and references to the sources of the data, may be found Septem- SeptemDecemOctober Novemin the 1932 Annual Supplement to the Survey ber ber ber ber 1936 January February March April May June July August BUSINESS INDEXES—Continued MARKETINGS Agricultural products * (quantity) 1923-25=100. Antmal products ______ 1923-25=100. Dairy products 1923- 25-100. Livestock _. 1923-25=* 100., Poultry and eggs 1923-25=100. Wool ._ — 1923-25=100. Crops 1923-25= 100_. Cotton _ _ ..1923-25 = 100.. Fruits 1923-25=100.. Grains .1923-25=100.. Vegetables 1923-25=100.. Agricultural products, cash income received from marketings of:*f Crops and livestock: Unadjusted 1924-29=100.. Adjusted... ...1924-29 = 100.. Crops, adjusted . — . 1924-29=100.. Livestock and products, adjusted 1924-29=100.. Dairy products, ad3usted--1924-29 = 100-. Meat animals, adjusted,...1924 -29=100.. Poultry and eggs, adjusted .1924-29=100.. STOCKS Domestic stocks 1923-25*100.. Manufactured goods 1923-25=100.. Chemicals and allied prod_1923-25 = l00.. 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 products. ..1923-25 = 100.. Stone, clay, and glass 1923-25 = 100.. Textiles 1923-2/5 = 100Raw materials __ 1923-25 = 100Chemicals and allied prod_1923-25=100.. Foodstuffs — 1923-25*100.. Metals 1923-25 = 100.. Textile materials 1923-25=100.. World stocks—foodstuffs and raw materials: Total t A 1923-25 = 100.. Coffee—adj. for seasonal.. .1923-25 = 100.. Cotton—adj. for seasonal.. 1923-25 = 100.. Rubber—adj. for seasonalt-1923-25=100.. Silk—adj. for seasonal 1923-25*100Sugar—adj. for seasonal!—1923 25=*100_. Tea—adj. for seasonal 1923-25 = 100.. Tin—unadjusted 1923-25=100.. Wheat—adj. for seasonal... 1923-25=100.. 99 140 200 89 47 95 106 76 100 72 65 146 136 200 85 107 73 167 280 126 85 103 66 66 71 78 76 74 68 106 40 79 119 65 49 59 89.0 77. 5 65.0 76.5 66.0 56. 0 95.0 69.0 58.5 79.0 69. 5 58.5 72.5 67.0 54.0 91.0 91.0 94. 0 81.0 76.5 76.0 74.0 81.5 80.5 76.0 83.0 83.0 81.0 79.0 78.5 95.0 121 101 130 86 112 119 80 117 67 115 142 98 136 96 128 96 181 127 106 120 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 88 225 196 375 195 »213 370 159 370 * 217 226 138 57 188 215 378 169 355 205 228 133 64 188 110 80 90 80 178 126 65 124 82 89 84 57 61 85 57 59 35 53 57 65 34 85 67 77 95 65 108 37 56 41 72 51 98 65 80 98 64 120 46 50 35 79 43 84 68 84 114 60 128 164 51 31 82 48 74 94 142 66 114 380 53 25 64 63 99 89 90 113 70 89 485 88 16 87 172 66 80 81 94 75 80 152 78 71 78 93 57 65.0 66.5 48.5 53-0 63. 0 48.5 59.5 67.5 55.5 58.5 69.5 56.5 64.0 72.5 67.0 69.5 80.0 77.0 84.0 88.0 89.5 °75.0 74. 5 61.5 81.0 84. 5 79.5 84.0 84.5 87.5 88.5 70.0 78.0 85.0 79.0 63.5 80.0 84.5 79.5 79.5 83.0 83.5 87.0 75.0 78.5 79.0 77.0 80.5 83.0 77.0 84.0 86.5 86.0 81.5 88.5 86.5 °87.5 87.0 °89.5 89.0 136 101 118 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 86 233 127 104 124 70 114 110 83 119 54 115 166 104 144 98 112 87 225 122 105 132 65 112 122 81 115 61 113 167 104 134 88 103 86 213 115 104 133 62 109 115 80 119 70 115 156 100 123 81 96 84 194 109 102 128 62 108 110 82 121 65 115 152 100 115 76 93 72 177 106 102 125 66 107 116 81 122 61 115 150 102 108 73 95 73 156 103 104 119 77 111 119 80 125 80 112 143 102 102 71 94 84 137 104 100 118 °85 113 118 80 130 76 114 141 92 106 69 120 83 119 a 217 399 169 328 « 200 259 129 72 176 « 218 419 170 322 »201 248 128 66 186 * 214 394 165 319 »221 256 124 64 172 °209 400 154 319 "229 263 123 75 152 «208 413 161 306 «219 264 133 77 137 «207 403 161 300 « 216 268 139 64 134 170 281 *200 256 138 77 124 194 404 160 286 196 235 134 68 116 * 193 420 156 a 295 •188 209 126 66 139 » 192 400 165 a 278 »189 200 125 73 142 » 102 3 122 ° 88 114 119 79 127 82 114 144 95 113 75 128 93 126 COMMODITY PRICES COST OF LIVING (N. I. C. B.) f Total, all groups 1923=100 Clothing . 1923=100 Food 1923=100-. Fuel and light .1923=100-. Housing 1923=100 Sundries 1923=100 FARM PRICES (Dept. of Agri.) §t Total, all groups 1909-14=100.. Chickens and eggs 1909-14=100.. Cotton and cottonseed -1909-14=100.. Dairy products 1909-14=100.. Fruits 1909-14=100Grains 1909-14=100 Meat animals _.._ 1909-14 = 100— Truck crops 1909-14= 100Miscellaneous . _ 1909-14=100 RETAIL PRICES Department of Labor indexes: Coal # 1913=100 Food «f Fairchild's index:* Combined index Apparel: Infants' wear . Men's Women's H o m e furnishings Piece goods 1923-25=100- Dec. 1930=100 _ _ Dec. Dec. Dec. Dec. Dec. a 1930=100 1930=1001930= 100— 1930=100.. 1930=100.. 85.9 73.6 86.1 85.6 80 3 94.5 82.7 74.3 81.7 84.8 72 1 93.8 83.0 74.4 81.9 86.3 72.7 94.1 83.4 74.5 82.7 86.7 73.0 94.2 83.9 74.6 83.8 86.8 73.4 94.2 83.9 74 5 83.5 86.9 73.9 94.3 83.5 74.1 82.3 87.1 74.1 94.4 83.2 74.0 81.0 87.1 74.7 94.4 83.4 73.8 81.0 86.7 75.9 94.4 83.8 73.6 81.7 84.7 77.1 94.4 85.1 73.3 85.6 84.5 77.6 94.3 85.2 73.0 85.8 84.7 78.1 94.4 85.6 73.2 85.8 85.0 79 3 94.5 124 119 106 128 105 130 123 153 141 107 126 90 102 82 97 131 101 96 109 132 94 104 82 101 125 120 103 108 140 99 111 83 90 117 136 103 110 135 98 118 92 89 120 136 108 109 117 95 120 89 92 122 118 112 109 121 94 123 92 92 125 117 94 104 99 93 118 94 92 122 77 91 105 97 96 114 89 89 125 107 94 103 101 96 106 103 88 118 105 97 107 103 96 106 115 87 120 99 120 115 106 105 116 117 109 119 115 131 124 112 103 125 108 129 123 134 152 84.3 80.1 162 80.5 81.5 82.0 158 81.7 80.6 79.5 164 79.7 79.9 83.8 157 84.0 84.0 89.3 86.6 87.6 88.0 88.2 88.3 88.3 88.1 88.1 88.1 87.9 88.1 88.5 94 5 87.7 90.7 89.9 85.4 93.4 87.2 88.8 88.5 84.9 92.6 87.2 89.1 89.0 84.8 92.7 87.2 89.4 89.1 84.9 92.7 87.3 89.4 89.2 84.7 92.7 87.3 89.5 89.2 84.7 92.7 87.3 89.5 89.3 84.6 92.9 87.3 89.5 89.2 84.5 92.8 87.4 89.8 89.2 84.5 92.8 87.5 89.9 89.3 84.6 92 6 87.4 90.2 89.2 84.9 92 6 87.5 90.4 89.4 85.0 94 4 87.6 90.4 89.4 85.2 Revised. • New series. See p p . 16-19 of the M a y 1934 issue, cash income from marketings of agricultural products, p . 19 of the December 1932 issue, Fairchild's price Index, and p p . 19 and 20 of t h e March 1933 issue, q u a n t i t y marketings § D a t a for Oct. 15, 1936: Total 121, chickens and eggs, 127, cotton and cottonseed 104, dairy products 125, fruits 104, grains 128, meat animals 120, truck crops 131, miscellaneous 133. t Index of farm prices has been completely revised. For earlier data see p . 20 of the November 1934 issue. World stocks—revised total, rubber adjusted and sugar adjusted indexes for January 1927-June 1932, appeared on p. 20 of the September 1932 issue. Cash income from marketings of agricultural products revised from J a n u a r y 1933J u n e 1935. For revisions see p . 19 of t h e September 1935 issue. World stocks combined index and silk index revised for period 1921-36 revisions not shown above will appear in a subsequent issue. Combined index revision for 1920 was shown on p . 20 of the M a y 1936 issue. D a t a revised for Agricultural products, cash income received for J a n u a r y 1934-July 1935. Cost of living for 1914-36. Revisions not shown in the October 1936 issue will appear in a, subsequent issue. • M o n t h l y retail prices of coal were discontinued with the month of August 1935. Subsequent to that date the price is reported quarterly. 1 This series has been completely revised. Revised indexes for months not shown in the December 1935 issue will appear in subsequent issue. Index computed every 2 weeks; m o n t h l y index is figure taken nearest the middle of the m o n t h ; prior t o Aug. 15,1933, index computed once a m o n t h . A See footnote on p . 24 marked, " < ? " . 24 SURVEY OF CURRENT BUSINESS 1935 Monthly statistics through December 1931, 1936 agether with explanatory footnotes and references to the sources of the data, may be found Septem- SeptemDecem- January October Novemin the 1932 Annual Supplement to the Survey ber ber ber ber November 1936 1936 February March April May June July August 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.. Orains ..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 = 100Building 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 1526=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 (98) ..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.) 80.7 80.5 80.6 80.6 79.6 79.7 78.6 79.2 80.5 81.6 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 i 82.1 I 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. S 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 SS.4 95.5 82. 2 80.5 87.6 82.2 79.1 74.6 79.5 78.3 90.3 83.2 85.7 62.4 92.1 79.0 85. 5 88.4 95.5 82.3 80.1 87.0 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 81.6 77.0 74.5 76.9 73.9 88.3 80.2 78.8 67.8 91.0 78.9 85.7 89.0 95.5 83.2 78.5 85.5 80.5 75.8 74.1 75.2 70.6 82.5 78.0 75.0 72.3 85.1 78.8 85.8 88.8 95.5 83.0 77. 7 84.1 80.7 77.6 73.9 78.1 73.0 83.2 79.9 77.6 82.0 85.1 78.8 85.8 89.2 95.5 82. 1 78.0 84.3 81.6 79.8 75.2 81.3 88.9 82.0 81.4 83.8 79.7 84. 9 79.5 86.7 89. 2 95. 5 83. 7 79.4 85.9 82.4 81.5 75.6 83.8 102.4 84.5 83.1 87.6 76.1 86.4 79.7 86.9 89. 1 95. 5 83.8 79.8 86.2 91. 6 99. 3 93. 3 84. 2 81.7 78. 0 85.4 80. 8 88.1 71.4 73.8 67.2 73.0 87.5 91.9 50. 6 90.9 98. 83.8 83.0 80. 5 76.9 84. 0 86. 6 86.8 68.6 74.2 67.2 73.4 86,3 89.0 fiO. 1 93. 6 98.8 92. 9 80.6 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 87.6 81.0 77.1 84.7 86. 8 86.9 70.6 70.4 64.4 75.1 83.1 83.2 f.4. 4 97. 1 100. 5 100. 5 87.3 81.4 77.9 84.8 86.7 87.1 69.7 73.2 73.0 64.5 64.8 76.1 76.2 86.2 84.4 82.1 84.4 55.7 56.0 96.1 94. 9 100. 5 100.4 90.7 91.0 88.0 85.0 81.5 81.4 77.9 77.9 85.0 84.9 86.7 I 86.6 86.9 ' 86.3 69.7 69.9 73.2 64.6 76.4 82.8 84.8 57.9 94.6 100. 3 90.1 84.5 81. 5 78.0 85.0 88.6 86.3 70.4 73.2 64.7 76.0 84.2 87.3 58.2 94.0 100.2 87.3 84.4 81.5 77.9 85.0 86.3 86.3 70.7 73.2 64.0 76.1 83.4 88.0 57.7 93.8 99.7 89.0 83.2 81.4 77.5 85.2 86.2 86.3 70.0 73.0 65.2 76. 2 83.4 87.9 58.1 93.4 99.3 87.8 83.0 81.2 77 2 85! 1 86.9 87.6 70.4 73.3 66.7 76.3 82.5 86.1 57.9 93.6 99.3 90.0 82.4 81.4 77.6 85.2 87.1 87 9 70.8 76. 5 70. 9 80. 8 80. 0 60. 8 30. 80. 9 71.3 47.5 80.7 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. j 73. 4 80. e 63. 2 35.0 80.7 67.4 45.0 79.4 71,1 73.2 81.0 86.0 62,2 33.7 81.0 67. 5 45.0 79.2 71.7 71. 7 80.8 80.4 61.8 33.5 81.4 67.8 45.0 79.8 73.8 71.0 80.7 78.1 62.0 31.6 82.8 68.1 i 45.0 i 79.9 73.8 70.8 80.7 77.1 62.1 30.9 83.8 68.3 45.0 80.3 73.8 70.2 80.8 76.2 62.0 30.1 82.2 68.6 45.0 80.5 73.8 69.8 81.1 75.5 60.6 29.1 82.2 69.2 47.5 80.5 73.8 69.7 80.9 75.4 60.3 29.3 82.6 69.7 47.5 80.6 76.5 70.5 80.7 78.7 59.3 30.7 82.0 71.0 47.5 80.6 76.5 70.9 80.8 79.5 60.3 31.6 81.2 71.5 47.5 80.6 79.5 97.1 78.8 94.1 79.6 94.7 80.5 94.2 80.2 94.4 77.6 94.9 76.8 95.2 76.3 92.1 76.0 92.0 75.4 91.3 76.3 94.5 78.5 96.4 96.8 55. 4 47, 45. 2 38.4 23. 7 66. 1 72.3 89 0 73. 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 33.6 27.2 59.1 67.8 94.0 63.1 50.5 47.0 42.6 36.3 24.9 61.1 69.5 95.3 58.1 51.3 44.5 41.9 37.2 24.2 65.8 70.1 95.5 58.7 52.1 43.0 43.0 37.4 23.5 71.0 70.9 93.4 56.6 51.3 42.5 43.0 36.5 22.4 70.3 68.0 92.1 55.2 54.7 43.5 44.1 37.1 22.3 71.1 64.1 84.0 54. 54. S 46.0 48.5 38.6 23.9 69.8 64.8 85.5 63.5 55.9 47.9 45.2 38.2 25.0 69.3 68.6 84.7 73.3 123.4 118.6 118.5 118.3 124.8 124.8 137.4 123.0 125.1 124.2 135.0 122.5 125.0 122.7 136.1 122.0 124.5 122.0 133.7 121.2 125.0 122.4 135.0 121.2 125.0 124.1 135.0 121.8 126.5 125.8 141.4 122.2 126.4 125.5 140.1 122.0 128.1 125.2 142.7 121.4 127.2 119.3 137.4 119.5 125.1 119.0 127.9 119.3 123.4 119.0 118.5 118.8 84. 0 102. 0 83. S 83. 3 89. 5 71.5 87.3 79. fi 87.1 89. 0 95. 5 84. 9 81.7 88. 6 75.3 67. 0 70. 1 ?l 9(5.5 PURCHASING POWER OF THE DOLLAR • Wholesale prices. Retail food prices U Farm pricest Cost of livingf 1923-25=100. 1923-25=100. 1923-25=100. 1923-25=100. CONSTRUCTION AND REAL. ESTATE CONSTRUCTION CONTRACTS AWARDED Contracts awarded, F. R. B.:X Total, unadjusted... 1923-25=100.. 61 44 45 53 60 »65 53 65 50 44 47 53 56 Residential 1923-25=100 49 25 25 25 22 21 22 39 45 35 38 28 Total, adjusted 1923-25=100.. 61 48 43 52 "62 60 52 59 67 61 47 46 47 Residential1923-25=100 49 25 25 44 26 »46 26 25 36 25 26 30 32 F. W. Dodge Corporation (37 States):A Total, all types: Projects number.. 12,056 11 385 12,912 9,978 9,256 13, 890 7,724 6 442 13, 352 10 514 13 338 8, 249 13, 242 Valuation thous. of dol._ 234, 272 167,376 200 596 188,115 264 137 204,793 142 050 198 978 234, 632 216,071 233, 055 294, 735 275, 281 Nonresidential buildings:f 3,079 Projects number.. 3 318 3,504 2,778 2,753 2 796 3,411 3,626 2,761 2 355 3 106 3,436 3, 792 Floor space thous. of sq. ft__ 13,639 10 813 8,602 15, 504 11,680 17, 543 20 680 15,916 16, 047 11 384 15 098 17 343 15, 629 Valuation thous. of dol_. 69, 099 80, 380 49, 420 59, 180 68,080 124 506 62 611 96,125 90, 480 94, 068 79, 079 81 460 82, 252 • 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. f Revised series. For revisions of construction contracts awarded on nonresidential buildings for years 1930, 1931. and 1932. refer to p 20 of the September 1933 issue Farm prices (purchasing power) are on p. 20 of the April 1935 issue. Cost of living (purchasing power) revised for 1914-36. Revisions not shown in the October 1936 issue will appear in a subsequent issue. • 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 is ue ana for 1934 on p. 19 of the October 1935 issue. Series also revised for 1935. See p. 19 of the May 1936 issue. t Indexes are based on 3-month moving average of F. W. Dodge data centered at second month. 1 See footnote on p. 23 marked "Y'. cf 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. For revised data for period 1920-35 see p. 19 of the May 1936 issue. 25 SURVEY OF CURRENT BUSINESS November 1936 1935 Monthly statistics through December 1931, 1936 together with explanatory footnotes and references to the sources of the data, may be found Septem- SeptemDecem- January in the 1932 Annual Supplement to the Survey October November ber ber ber 1936 February March April May June July August CONSTRUCTION AND REAL ESTATE—Continued CONSTRUCTION CONTRACTS AWARDED—Continued F. W. Dodge Corporation (37 States)—Con. Public utilities:# 224 Projects number Valuation.. thous. of dol 15, 735 Public works:# Projects number 1,169 Valuation thous. of dol 68, 765 Residential buildings: <? 7,584 Projects ~_ ..number.. 21,181 Floor space thous. of sq. ft Valuation ._ — thous. of dol— 80, 671 Engineering construction:^ Total contracts awarded (E. N. R.) thous. of dol.. 197, 372 HIGHWAY CONSTRUCTION Concrete-pavement contract awards: 7, 613 Total thous. of sq. yd.. 5,196 Roads only thous. of sq. yd— Highways: Approved for construction (Ar. I. R. A.):* 139 Mileage number of miles Public works fund? alloted-thous. of dol— 4,044 Under construction (N. I. R. A.):* Estimated total cost thous. of dol— 25,126 Public works funds allotted thous. of dol— 22,929 32 Federal aid funds allotted.thous. of dol. 714 Mileage number of miles 176 12, 493 223 11,198 207 10,694 269 18,104 221 17, 926 136 11, 939 205 18,106 221 23, 753 176 12, 773 167 9,264 229 27, 512 188 17,945 1,422 63, 653 1,614 75,117 1,540 69, 645 1, 328 76, 387 1,048 58, 948 702 36, 325 1,123 44,191 1,092 49, 660 1,102 50, 792 1,330 71,107 1,782 99,103 1,238 76, 435 6,602 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 6,080 15,604 55, 221 8,233 19, 736 67,151 8,528 20, 547 70, 253 8,444 20, 624 73, 605 8,253 20, 501 71, 994 7,982 24, 393 100, 523 114,840 182, 631 154,973 235, 506 288,547 164, 499 147,697 195,458 141,257 183,917 226, 595 192, 317 4,663 3,766 6,816 5,888 4,496 3,327 6, 869 3,591 2,250 1,217 2,068 1,396 2,662 1,579 3,835 2,767 5, 235 3,621 4,188 2,942 7, 913 6,208 5,903 4,648 402 11,984 295 10,100 290 8,740 241 8,092 267 7,279 308 7,607 291 7,623 296 7,382 252 5,975 169 4,631 144 4,345 146 4,248 126, 211 102, 246 88,776 74, 700 65, 390 61,015 59,593 56,484 50,197 42, 500 37,100 28,823 114,867 2,020 5,031 92. 885 1,328 3,706 80,810 1,189 2,968 68, 965 982 2,371 60,877 667 1,988 56, 653 601 1,734 55,085 569 1,679 52, 005 467 1,527 45, 693 248 1,339 38,975 195 1,152 33, 397 195 971 26, 680 147 832 163 CONSTRUCTION COSTS Building costs—all types (American Appraisal Co.)*-. —— 1913 = 100 Building costs—all types (A. 6. C.) 1913=100.. Building costs—all types (E. N. i2.)§ 1913=*100._ 157 157 157 158 158 158 159 159 161 162 163 179 174 173 173 173 178 178 178 178 178 178 178 178 208.1 195.1 195.1 194.9 194.9 199.5 201.2 201.2 202.2 203.4 204.6 204.4 208.1 183 177 20, 407 22, 357 21, 714 118, 580 122,094 125, 211 90.6 73.4 90.3 87.1 Building costs—factory (Aberthaw) 178 177 183 MISCELLANEOUS DATA 27, 730 30,910 29,177 25, 787 21,479 20, 872 27,969 19, 786 16,642 Fire losses, United States thous. of dol— 20,414 12,886 13, 221 12, 560 11, 794 13,245 13,126 14, 470 14,398 Foreclosures** number Real estate: Homei oan bank, loans outstanding* t 97,089 102, 795 102, 745 102,887 103,354 105,969 110,922 95, 595 thous. of dol— 129, 752 90,432 Home Owners' Loan Corp:* Applications received number Loans closed: 15,634 19, 002 14,192 9,392 8, 386 6,305 6,073 16, 259 12,892 Number 44. 409 29, 984 19,891 21, 865 58, 541 25, 715 47,927 49,883 41,181 Amount thous of dol 2,788,203 2,838,086 2,886,013 2,940,029 2,984,438 3,014,423 3,040,137 3,060,029 3,083,312 Loans outstanding* thous. of dol— DOMESTIC TRADE ADVERTISING Printer's Ink indexes (adjusted for seasonal variation):* Combined index 1928-32=100._ Farm papers 1928-32—100 91.6 Magazines... „ 1928-32=100Newspapers. 1928-32=100 Outdoor 1928-32=100 Radio 1928-32=100 Radio broadcastingrA Cost of facilities, total _.thous. of dol— Automotive thous of dol Drugs and toilet goods thous. of dol_. Foods thous of dol Petroleum products thous. of dol__ Tobacco manufactures thous. of dol._ All other* thous. of dol— Magazine advertising:! Cost, total thous. of dol__ Automotive thous. of dol Drugs and toilet goods thous. of dol— Foods thous. of dol Petroleum products thous. of dol__ Tobacco manufactures thous. of dol— All other* thous. of dol.. Lineage, totalt-thous. of lines.. ""2,084" 76.6 69.8 74.4 75.5 52.4 184.5 79.0 61.5 75.1 77.9 59.5 185.2 83.2 62.6 81.0 82.9 58.0 177.5 84.1 74.4 82.4 84.7 47.0 195.0 80.2 67.1 82.2 79.1 50.0 187.0 78.0 66.0 82.5 75.5 52.3 189.7 84.8 66.6 86.8 81.5 71.1 192.8 87.7 72.8 89.2 85.0 70.6 185. 2 88.5 76.5 87.6 86.5 70.2 184.4 90.9 73.5 88.2 88.9 73.5 202.1 224.7 88.5 80.2 87.2 84.9 72.3 230.0 3,250 244 1,096 911 313 184 503 4,710 721 1,283 1,154 384 367 802 4,377 400 1,295 1,072 382 368 861 4,780 487 1,406 1,171 398 384 934 4,583 432 1,382 1,150 402 352 882 4,623 466 1, 428 1, 111 390 331 895 5,210 539 1,555 1,260 417 370 1,069 4,693 453 1,405 1,182 344 395 913 4,311 450 1,227 1,106 329 393 806 ° 3, 826 394 1,058 1, 0.56 292 °371 "656 3,723 241 966 1,147 301 421 647 3, 655 225 961 1,063 292 395 720 8,852 832 1,454 1,296 220 525 4,523 1,812 10, 248 686 1,957 1,690 192 526 5,197 2,181 11, 747 1,684 2,203 1,986 263 559 5,052 2,201 9,360 979 1,609 1,630 110 665 4,467 2,334 7,435 1,157 1,241 1,230 148 580 3,079 1,696 11,166 1, 655 2,323 1,837 191 494 4,665 2,128 13, 431 2,044 2,477 2,195 214 568 5,932 2,511 14,516 2, 146 2,506 1,784 459 591 7,031 2,860 14,929 2,332 2,359 1, 742 468 610 7,419 2,852 12, 258 1.811 2,137 1,657 366 586 5,710 2,637 8,917 1,196 1, 767 1,493 365 494 3,603 1,967 8,488 1,221 1, 756 1,211 347 540 3,414 1,695 74.3 * 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 June 12, 1936, $3,092,870,784. 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 October 1, 1936. 211.5. • 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 October 1935; January, April, and July 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. • Data for 1935 revised. See p. 25 of the May 1936 issue. S Beginning January 1934 data includes Home Owners' Loan Corporation improvements. http://fraser.stlouisfed.org/ 101104—36 4 Federal Reserve Bank of St. Louis 26 SURVEY OF CURRENT BUSINESS 1935 Monthly statistics through December 1931, 1936 together with explanatory footnotes and references to the sources of the data, may be found Septem- Septem- October Novem- Decemin the 1932 Annual Supplement to the Survey ber ber ber ber November 1930 1936 January February March April May June July August DOMESTIC TRADE—Continued ADVERTISING—Continued Newspaper advertising: Lineage, total (52 cities)•-.thous. of lines.. Classified— thous. of linesDisplay. _ thous. of lines.. Automotive thous. of lines.. Financial thous. of lines.. General.. thous. of lines.. Retail thous. of lines.. GOODS IN WAREHOUSES 114, 387 22, 521 91,866 4,257 1,641 21,053 64, 916 101,347 20,155 81,192 2,910 1,454 16,629 60,200 117,427 20,658 96,769 5,714 1,983 20,775 68,297 117,704 19, 753 97,952 7,677 2,096 20,980 67,198 118,684 20,171 98,513 4,058 1,835 16,269 76,351 94, 810 18, 499 76,311 3,787 2,536 17,686 52, 301 91, 334 17, 546 73, 788 3,632 1,942 19, 464 48, 751 116,443 21,991 94,452 5,453 2,773 22,899 63, 327 121,887 22, 548 99,339 7,813 2,488 21,812 67, 227 127,182 24,172 103,010 8,493 1,933 62.5 61.9 62.3 62 2 62.4 0.7 61.8 62.1 61.2 2,272 2,053 2,409 2,655 2,218 2,506 2,297 2,273 732,875 807, 460 717,264 858,100 761, 833 745,845 902, 749 885, 274 920, 629 3,665 37, 237 3,359 33,417 3,809 37, 327 3,740 35,890 4,346 39, 631 3,952 37,528 3.953 36, 611 4,123 38,676 3,950 37,884 3,834 36, 405 4,091 40, 994 12, 772 103,480 10,915 88, 703 2,416 13,631 108, 905 2,038 12, 561 99,403 2,733 14,341 107,701 5,281 12, 449 92,882 2,294 11, 523 85,855 2,254 13,291 99, 739 3,055 13,122 99, 510 2,450 12, 735 96,032 2,048 13,153 102, 447 2,385 29, 294 3, 242 25,035 2,815 29,354 3,292 27, 580 2,976 35,985 4,248 27, 434 3,257 26,103 3,060 28,839 3,318 28,944 3,320 27,874 3,124 3,214 Space occupied, public merchandise in warehouses... percent of total. NEW INCORPORATIONS Business incorporations (4 States) ._number. POSTAL BUSINESS Air mail, pound-mile performance* thous. of lb. Money orders: Domestic, issued (60 cities): Number thousands.. Value thous. of dol— Domestic, paid (50 cities): Number thousandsValue thous. of dol_. Foreign, issued—value thous. of dol. Receipts, postal :1 50 selected cities thous. of dol 50 industrial cities thous. of dol.. RETAIL TRADE 2,026 23,498 69,086 117, 029 24, 843 92,186 7,645 1,988 20, 802 61, 751 98, 499 21, 232 77, 266 6,593 2,219 18,287 50,167 99.166 22,546 76,620 4,908 1, 646 16,186 53, 880 61.0 61.3 2,182 1, 910 2,285 949, 828 1,055,015 1,051,115 1 3,764 38,354 3,633 36, 655 12,598 03, 085 11, 573 94, 696 26, 673 3,192 26,037 3,022 Automobiles:* New passenger car sales: Unadjusted 1929-31=10070.9 50.1 53.3 139.3 69.3 90.6 65.5 142.3 117.8 138.6 117.3 -92.9 a Adjusted 1929-31=100. 83.0 79.0 113.5 109.5 102.0 82.0 89.5 106.5 93.5 104. 5 101.0 93.5 «92.0 Chain-store sales: Chain Store Age index:*fc? Combined index t av. same month 1929-31=100.. 110 100 100 108 97 103 102 101 103 110 109 Apparel index t av. same month 1929-31=100117 108 110 118 107 100 114 105 115 119 119 117 125 Grocery t av. same month 1929-31=100100 92 94 93 93 94 93 94 100 93 102 Five-and-ten (variety) stores:* Unadjusted 1929-31=100. 98.2 95.1 93.4 87.7 67.7 178.4 73.5 95.7 97.2 80.3 96.8 86.5 Adjusted 1929-31=100. 91.8 102.8 93.7 104.0 92.0 90.8 88.0 95.2 96.7 93.3 109.2 96.8 97.7 H. L. Green Co., Inc.:* Sales thous. of dol._ 2,501 2,684 2,625 2,088 2,476 1, 753 4.941 1,868 2,522 2,043 2,412 2,514 2,430 Stores operated number.. 132 134 130 134 133 132 133 130 131 130 130 132 130 S. S. Kresge Co.: Sales thous. of dol. 11, 753 10,148 11, 925 12, 269 21, 551 12,182 8,597 9, 571 10,043 12,011 11,169 11,925 11, 353 Stores operated number. 744 741 725 737 743 740 728 737 726 739 729 745 729 S. H. Kress & Co.: Sales. thous. of dol- 6,785 6,858 6,138 6,586 7,027 5,204 5,459 13,789 6,314 6,873 6,552 6,525 6, 652 Stores operated number. 235 235 235 233 234 234 234 234 235 235 235 235 235 McCrory Stores Corp.: A Sales thous. of dol— 3,096 3,443 3,262 2,626 3,183 2,324 6,268 2,691 3,002 3,284 2,893 3,057 3,010 Stores operated number. 197 195 201 203 «203 203 201 200 200 199 200 195 195 G. C. Murphy Co.: Sales thous. of doL. 2,907 2,351 2,970 3,183 2,865 5,005 2,003 2,311 3,001 2,320 2,974 3,089 2,922 Stores operated number. 192 191 189 188 189 189 189 190 190 190 190 191 192 F. W. Woolworth Co.: Sales thous. of dol— 23, 434 20, 243 23,383 23,407 39, 590 16,983 19,016 19,677 23,072 22, 622 23,398 22,861 23,186 Stores operated number1,993 1,989 1,974 1,978 1,978 1,980 1,977 1,979 1,983 1,986 1,980 1,990 1,991 Restaurant chains (3 companies): Sales thous. of dol- 3,655 3,395 3,363 3,565 3,384 3,662 3,229 3,495 3,442 3,509 3,510 3,490 Stores operated number.. 349 355 351 350 353 352 353 350 348 349 350 349 349 Other chains: W. T. Grant & Co.: Sales thous. of doL. 7,443 6,726 8,365 8,581 8,371 5,754 14,818 5,175 7,649 6,475 8,328 7,075 6,925 Stores operated number.. 472 470 470 471 473 471 472 471 472 472 472 473 472 J. C. Penney Co.: Sales thous. of dol.. 22, 529 18, 806 24,992 24,023 21, 475 31, 332 13,964 13,692 19, 759 16,282 20,640 18, 475 19, 369 Stores operated number1,491 1,480 1,483 1,481 1,484 1,481 1,481 1,481 1,483 1,481 1,483 1,489 1,488 Department stores: Collections:* Installment account percent of accounts receivable 16.2 17.4 17.4 18.0 16.7 16.7 17.4 17.1 17.6 16.9 16.2 16.2 Open account percent of accounts receivable. 40.6 45.5 46.8 44.0 46.9 44.4 45.1 47.6 43.9 45.8 42.1 45.6 • Revised. • New series. For description of Chain Store Age indexes see p. 19 of the December 1932 issue. Data of H. L. Green Co., Inc., prior to July 1933 will be shown in a subsequent issue. For earlier data on automobiles see p. 19 of the April 1934 issue and variety-store sales, p. 18 of the March 1934 issue. Data prior to October 1933 on collections not published. Data are currently being received from about 400 stores on open accounts and about 250 on installment accounts. Series on air mail not available prior to May 1934. Series on basis of weight carried was published in the Survey for the period February 1926 to December 1933. i ^ * R e I i s e < 1 series. For revisions refer to the indicated pages of the monthly issues as follows: Apparel sales index of Chain Store Age, p. 26, October 1933. Combined Index and grocery index of Cham Store Age were revised for period January 1932 through August 1934. See footnote on p. 26 of the November 1934 issue. 1 Monthly data from January 1932 through June 1935 are on page 20 of the July 1935 issue. • The New York Evening Post series on newspaper advertising in 22 cities is available for the period 1916 through January 1934. See the 1932 annual supplement and monthly issues prior to December 1934. A Data for 1935 revised. See p. 26 of tlie May 1936 issue. c? Chain Store Age combined index for the period 1932-35 included 18 companies. Beginning 1936 it was increased to 20 caused by the addition of 1 apparel and 1 shoe 27 SURVEY OF CURRENT BUSINESS November 1936 Monthly statistics through December 1931, together with explanatory footnotes a n d references to the sources of t h e data, may b e found in the 1932 A n n u a l Supplement to the Survey 1936 1935 1936 Septem- Septem- October Novem- Decem- Januber ber ber ber ary February March April May June July August DOMESTIC TRADE—Continued RETAIL TRADE-Continued Department stores—Continued. Sales, total value, unadjusted ± 1923-25=100. Atlanta* 1923-25=100. Boston _ 1923-25=100. Chicago*t 1923-25=100. Cleveland* ..1923-25=100. Dallas* 1923-25=100. Kansas City 1925=100. Minneapolis* 1929=100. New York* 1925-27=100. Philadelphia* ____ 1923-25=100. Richmond — 1923-25=100St. Louis .._ 1923-25=100San Francisco'f 1923-25=100. Sales, total value, adjusted*. 1923-25=100. Atlanta* 1923-25=100. Chicago*f--._ .1923-25=100. Cleveland* 1923-25=100Dallas* 1923-25=100Minneapolis*— 1929=100. New York* ..1925-27=100. Philadelphia*-..1923-25=100. San Francisco*f 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. 93 116 82 86 89 109 92 94 87 69 104 86 97 88 123 94 86 103 88 84 78 93 86 91 72 81 78 97 85 84 83 65 98 71 °88 81 97 79 75 92 77 81 72 «85 86 98 82 86 79 92 90 94 87 74 117 80 «90 78 82 78 75 80 79 77 65 «88 10.8 10.7 71 68 81 90 80 77 82 73 81 57 a 87 66 86 54 69 70 77 63 58 64 51 72 59 "73 83 98 87 86 91 77 77 62 a 86 77 95 66 82 68 87 80 79 71 66 95 73 "80 84 103 90 78 91 84 83 73 a 88 85 100 74 89 89 90 80 88 78 70 103 78 °88 84 96 84 79 92 82 80 70 a 90 6.2 10.1 11.0 9.7 8.5 75 67 61 65 58 66 62 65 67 65 68 65 79,945 35, 897 44,048 71,777 30,910 40,867 90,813 39,475 51, 338 46,181 18, 508 27, 672 45,435 17, 855 27,580 60,926 24,845 36, 081 127.6 104.6 127 6 103.7 155.9 109.8 79.9 96.3 84.2 93.0 99.2 106.7 91 103 78 89 83 97 84 85 93 80 114 81 145 158 124 337 133 155 133 123 146 122 185 120 63 71 63 64 58 69 60 65 63 47 73 56 a 94 «154 a 71 10.2 8.8 67 64 72 66 80,974 33, 357 47, 617 59,474 25,173 34,301 122.3 123.6 103.7 104.8 82 90 81 79 84 86 79 66 «89 83 93 81 81 95 83 83 69 «90 a 90 84 92 76 87 84 92 77 85 80 71 104 72 «84 87 103 89 86 100 88 83 74 94 «63 78 54 65 63 71 59 81 62 52 79 55 77 91 111 91 83 102 61 82 70 94 96 54 76 72 77 70 75 63 56 «78 «60 88 87 523 95 85 107 86 81 73 92 8.9 7.5 9.5 14.9 67 65 62 64 59 63 65 67 69, 413 30,403 39,011 75, 219 30, 295 44,923 76, 689 30, 330 46,359 65, 270 25, 636 39, 634 66, 325 27,422 38, 903 105.5 109.9 106.5 113.3 106.2 112.4 88.3 114.7 111.9 85.1 77.6 79.1 85.7 79.2 81.1 86.0 79.9 82.4 86.8 79.7 83.8 «89.0 °80.0 a 86.0 89 103 74 89 93 95 82 87 80 74 110 76 «86 87 102 88 87 91 86 85 76 EMPLOYMENT CONDITIONS AND WAGES EMPLOYMENT Factory,unadj. (£. L. £.)*§___. 1923-25=100.. Durable goods group*§ .1923-25=100Iron and steel and products-1923-25=100Blast furnaces and steel works 1923-25=100- 90.6 80.7 87.8 83.7 71.2 74.7 85.3 74.9 76.4 85.0 76.1 76.8 84.6 75.7 76.6 82.9 74.4 75.8 83.1 74.4 76.0 84.1 75.7 77.1 89.4 74.4 75.6 76.2 77.0 77.1 76.6 77.4 79.7 82.1 83.2 85.8 *8S. 2 1923-25=100Tin cans, etc 1923-25=100Lumber and products 1923-24=100. _ Furniture 1923-25=100.. Millwork 1923-25=100 . Sawmills 1923-25=100— Turpentine and rosin 1923-25=100.. Machinery 1923-25=100Agricultural implements. 1923-25=100.. Electrical machinery, e t c 1923-25=100.. Foundry and machine-shop products 1923-25=100— Radios and phonographs. 1923-25=100.. Metals, nonferrous§ 1923-25=100- 80.3 115.1 60.7 86.0 H. 9 38.3 101.4 104.1 100.8 85.2 58.6 105.4 57.0 76.3 50.1 37.4 100.5 91.1 118.5 73.3 59.0 100.5 57.5 77.9 49.5 37.6 100.3 93.1 116.6 75.3 58.6 95.3 56.0 77.0 48.7 36.0 100.7 93.8 123.8 75.4 56.6 92.9 54.5 74.8 46.9 35. 1 99.7 93.1 128.9 74.0 57.4 91.6 52.9 71.7 45.5 34.4 98.0 92.5 133.9 72.1 57.7 91.4 53.1 72.6 45.7 34.3 98.1 92.6 136.3 71.4 60.9 93.9 54.5 72.4 47.0 36.1 97.1 93.6 138.7 72.3 64.5 95.8 55.6 72.1 48.5 37.5 99.0 96.2 140.4 75.3 69.1 98.6 56.7 73.0 49.8 38.4 97.8 99.1 138.3 77.1 72.6 102.7 57.5 74.4 51.7 38.5 99.0 100.3 132.6 79.1 75.3 104.3 58. 1 77.7 51.5 38.4 99.2 100.5 118.4 80.9 °79. 4 "111.0 °59.5 «82.6 ° 54.3 a 37. 7 101.» ° 101. 2 «a 104.1 81.4 91.3 262.3 96.5 76.0 254.9 86.9 76.8 279.1 91.9 77.6 271.6 93.1 79.0 230.0 92.3 79.1 213.1 89.4 80.0 196.0 89.3 81.5 186.1 88.9 83.8 188.6 88.7 86.1 215.4 89.0 87.0 242.5 89.7 88.2 234.2 88.7 89.4 « 255.0 °92.4 90.6 Structural and metal work Aluminum manufactures! 1923-25=100.. Brass, bronze, copper products 1923-25=100.. Stamped and enameled ware§ Railroad repair shops Electric railroad Steam railroad 1923-25=100.. 1923-25=100— 1923-25=100. 1923-25=100- Stone, clay, and glass products 1923-25=100.. Brick, tile, and terracotta. 1923-25=100.. Cement —1923-25=100.. Glass _ ..1923-25=100Transportation equipment-1923-25=100.. Automobiles 1923-25=100 Cars, electric and steam.. 1923-25= 100Shipbuilding 1923-25=100.. Nondurable goods group* §...1923-25=100.. Chemicals and products._. 1923-25=100— Chemicals . 1923-25=100 Druggists' prep. 1923-25=100.. Paints and varnishes 1923-25=100— 91.2 79.1 82.7 83.0 82.1 81.2 82.0 85.2 84.3 84.6 87.5 90.3 94.1 81.8 86.8 89.0 88.5 87.6 87.2 86.9 86.8 87.7 87.9 88.1 114. 3 61.0 66.0 60.6 106.2 52.6 64.6 51.7 112. 7 55.1 64.5 54.4 116.2 55.7 65.1 55.0 117. 0 55.8 64.8 55.1 110.5 55.9 65.0 55.2 109.2 58.2 65.5 57.6 109.1 60.1 65.8 59.7 112.8 59.9 66.0 59.4 110.8 60.1 65.9 59.7 112.3 60.6 65.6 60.2 109.4 58.9 65 8 58.4 « 112. 2 «60.5 65 9 ° 60.1 62.2 42.8 62.1 97.3 86.6 88 8 65.4 100.2 101.2 116. 5 119.3 99.2 112.9 55.8 34.0 51.9 95.8 75.9 84.0 32.5 76.1 97.1 110.7 108.0 99.5 106.7 56.7 35.3 52.9 97.5 92.3 105.0 37.9 79.8 96.4 113.1 108.9 101.6 109.2 56.4 34.6 49.6 98.4 101.0 115.5 43.4 82.3 94.6 112.4 109.5 100.3 109.3 55.2 33.9 45.0 97.8 103.2 118.2 47.4 82.9 94.3 111.1 108.8 98.8 107.9 50.8 31.0 38.0 92.0 101.7 116.3 45.4 83.9 92.1 109.7 107.4 97.6 107.1 51.0 30.0 38.0 93.8 99.0 112.0 48.6 82.0 92.6 108.9 107.1 97.7 107.2 54.1 32.5 44.3 94.9 100.3 111.1 55.0 90.7 93.2 112.1 108.1 99.0 108.1 57.7 36.7 52.3 97.1 104.3 114.1 60.9 99.8 93.1 110.7 109.0 98.4 111.9 59.8 39.9 58.4 97.3 105.5 115.6 61.1 98.7 92.7 110.0 110.3 96.8 114.5 60.7 42.3 58.9 97.3 104.6 114.3 63.3 95.8 92.6 108.3 111.7 96.5 115.3 61.1 43.0 60.0 97.0 101.0 109. 6 60.0 96.7 94.4 110.6 115.3 96.3 112.9 61.9 43.3 61.1 °97 9 «92. 7 o 97 0 90.4 » 68*. 3 «97.2 98.8 •111.4 ° 115.8 96 4 °111.3 a • Revised. • N e w series. For earlier d a t a on d e p a r t m e n t store sales b y Federal Reserve districts, see p . 20 of t h e F e b r u a r y 1935 issue excepting Chicago, for which see note below. N o t e t h a t t h e combined index of department-store sales is c o m p u t e d b y the Federal Reserve Board a n d t h e district indexes are c o m p u t e d b y the Federal Reserve b a n k s . F o r districts n o t m a r k e d w i t h an asterisk t h e series are as published in t h e 1932 A n n u a l S u p p l e m e n t a n d s u b s e q u e n t issues. See p . 20 of t h e December 1934 issue for r u r a l sales for period J a n u a r y 1929 to October 1934. For earlier d a t a on factory e m p l o y m e n t unadjusted in detail, see p . 16 of the J u n e 1934 issue. See p . 19 of t h e J u l y 1934 issue for factory e m p l o y m e n t unadjusted total. D a t a on e m p l o y m e n t in t h e durable a n d n o n d u r a b l e goods groups for t h e period J a n u a r y 1923-June 1935 were shown on p . 19 of t h e August 1935 issue. f Revised series. See p . 19 of t h e April 1935 issue, department-store sales, Chicago. D a t a for d e p a r t m e n t store sales, San Francisco district revised for t h s period 1919-36. Revisions not shown above will a p p a a r i n a s u b s e q u e n t issue. A T h i s series was shown on p . 20 of t h e J u n e 1935 issue from 1919 t h r o u g h April 1935. For a subsequent revision see p . 19 of the S e p t e m b e r 1936 issue. • T h e adjusted index of department-store sales (total value) was revised b y t h e Federal Reserve Board for t h e years 1929 through 1934. Revised indexes for this period were shown on p . 20 of the J u n e 1935 issue. F o r a subsequent revision see p . 19 of the September 1936 issue. § D a t a have been revised for t h e period J a n u a r y 1933-September 1935. Revisions not shown in the N o v e m b e r 1935 issue appeared on p . 16 of the J a n n a r y 1936 issue. 28 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 November 1936 1935 1936 1936 Septem- Septem- October Novem- December ber ber ber January February March April May June July August EMPLOYMENT CONDITIONS AND WAGES—Continued EMPLOYMENT—Continued Factory unadjusted—Continued. Nondurable goods group—Continued. Chemicals and products—Continued. Petroleum refining 1923-25=100111.6 366. 3 Rayon and products 1923-25=100-.. 121.7 Food and products 1923-25=100118. 6 Baking. — -1923-25 = 100194.6 Beverages 1923-25=100Slaughtering, meat pack89.5 ing 1923-25=10089.4 Leather and products. 1923-25 = 10087. 3 Boots and shoes 1923-25=100. 98. 2 Leather 1923-25 = 100101. 8 Paper and p r i n t i n g .1923-25 = 100111.9 Paper and pulp 1923-25 = 100— 90. 8 Rubber products § 1923-25 = 10081.3 Rubber tires and tubes—1923-25=100— 100. 0 Textiles and products 1923-25 = 100.. 95. 9 Fabrics 1923-25 = 100105. 2 Wearing a p p a r e l 1923-25=100. 60. 1 Tobacco manufactures 1923-25=100— 88.9 Factory adjusted (F. R. B.)* §.1923-25 = 100116. 1 Chemicals and products 1923-25 = 100119.9 Chemicals -1923-25 = 10097. 1 Druggists'preparations—1923-25 = 100114. 3 Paints and varnishes 1923-25 = 100— 109. 6 Petroleum refining. —1923-25 = 100.. 366. 3 Rayon and products.——.1923-25=100.. 104. 1 Food'and products 1923-25 = 100.. 116.5 Baking .1923-25=100-. Slaughtering, meat packing 90. 4 1923-25=100.. Iron and steel and products—1923-25=100.. 87. 1 Blast furnaces and steel works 89.4 1923-25 = 100. 78. 1 Structural and metal work. 1923-25 = 100. 108. 6 Tin cans, etc 1923-25=100. 86. 1 Leather and products 1923-25=100. 83. 1 Boots and shoes —1923-25 = 100. 98. 1 Leather -.1923-25 = 100. 59. 1 Lumber and products -1923-25 = 100. 83. Furniture 1923-25=100., 54.4 Millwork .1923-25 = 100. 37.1 Sawmills —— 1923-25=100. 101. 7 Machinery ..1923-25 = 100. 107. Agricultural implements-_1923-25=100. 85. Electrical machinery, etc ..1923-25=100. Foundry and machine-shop products 91.0 1923-25 = 100. 196. 4 Radios and phonographs 1923-25 = 100. 97.1 Metals, nonferrous§ 1923-25 = 100. 95.1 Brass, bronze, copper prod_1923-25 = 100_ Stamped and enameled 116.2 ware § 1923-25=100. 102. 1 Paper and printing 1923-25 = 100. 111.9 Paper and pulp 1923-25 = 100. 60.7 Railroad repair shops 1923-25 = 100. 66. 0 Electric railroads 1923-25=100. 60.3 Steam railroads 1923-25 = 100 91.4 Rubber products! 1923-25 = 100. 82.8 Rubber tires and tubes 1923-25=100. Stone, clay, and glass products 60.0 1923-25=100. 40.4 Brick, tile, and terra cotta_1923-25 = 100_ 58. 5 Cement 1923-25=10095. 1 Glass 1923-25 = 100. 100. Textiles and products 1923-25 = 100. 97.0 Fabrics ..1923-25=100. 102.9 Wearing apparel 1923-25 = 100. 58. Tobacco manufactures 1923-25 = 100 Transportation equipment _. 1923-25 = 100 _ • 92. 96. 2 Automobiles. 1923-25 = 100. 64. Cars, electric and steam.._ 1923-25=100. 106.8 Shipbuilding 1923-25=100. Factory, b y cities and States: Cities: Baltimore* —1929-31 = 100. Chicago* ..-.1925-27=100 96. 4 Cleveland* 1923-25 = 100. 83.9 Detroit. 1923-25 = 100. 101.4 Milwaukee*..—. ...1925-27=100. 80.4 New York .1925-27=100. 98. 5 Philadelphia!. 1923-25=100. 84. Pittsburgh*! 1923-25=100.. States: 119.4 Delawaref. 1923-25=100.. 86. 6 Illinois 1925-27=100... 121.8 Iowa * 1923-25 = 100— 79.8 Massachusetts*! 1925-27=100.. 110.1 353. 6 118.2 114.6 171.9 110.9 356.8 108.5 114.6 162.9 110.3 356.1 100.5 113. 6 153.0 109.6 357.9 96.8 112.4 150.1 108.7 353.6 92.6 111.2 149.7 108. 0 347. 2 91.1 111. 7 148. 0 107.5 352.0 92.0 112.9 158.6 109.4 331.1 94.1 113. 5 163.9 109.4 341.4 96.3 114.8 178.9 110. 7 342. 0 100. 4 115. 9 184. 9 114.1 353. 3 107.7 116.6 204.2 » 111.1 362. 9 » 115.9 <* 117.3 » 199. 1 78.9 88.8 87.3 95.2 97.3 109.2 81.1 70.3 95.9 92.1 100. 5 58.9 81.9 110. 3 108.5 97.4 108.0 108.2 353. 6 99.8 112.6 79.7 86.6 84.0 97.0 98.3 109.1 82.8 70. 7 97.7 94.6 100. 5 60.0 83.7 111,3 107.7 97.1 108.9 111.1 356.8 98.1 112.8 82.8 82.3 77.8 100.3 98.7 109.0 82.7 69.8 97.0 96.1 94.8 59.7 84.8 110.8 107. 2 96.8 110.2 111.4 356.1 98.4 111.8 84.3 86.3 82.8 100.4 99.7 110.0 83.0 70.5 96.9 96.4 93.8 58.2 85.6 110.3 106. 6 97.3 109.7 110.9 357. 9 100.7 112.4 84.9 88.4 86.1 97.7 97.5 108.7 82.0 70.5 95.1 94,0 93.4 52.2 84.8 109.8 105. 9 95.4 109. 6 110.8 353.6 103.1 113.6 81. 7 89. 7 88. 1 96. 3 98.2 109. 2 81. 7 69. 9 96. 1 93. 5 97. 9 55. 5 83. 8 108. 2 105. 4 96. 8 107. 3 109 4 347 347. 2I 101. 114. 2 80.5 89.0 87.4 95.6 98.2 109, 6 72.. 7 53. 2 97.2 93.3 101. 9 55.9 84.2 110.3 106.9 96.9 107.3 108. 6 352.0 102.2 115.2 80.7 86.4 84.3 94.9 98.6 110.3 82.1 68. 1 96.1 91.9 101.7 55.4 84.9 107.6 108.3 100.2 111.4 109. 4 331.1 100. 5 115. 3 82.8 83.9 81.4 94.3 99.0 111.0 83.0 70.0 94.2 90.7 97.9 56.7 85.8 111.2 112.2 100.4 110.4 109.6 341.4 102.9 114.8 84. 2 82. 4 79. 7 93. 5 98. 3 110.3 83. 7 72.6 93. 2 90. 6 95. 2 56. 9 86. 3 111. 8 113. 9 101. 0 111. 1 109. 7 342. 0 102. 4 114. 6 89.2 86.9 85.1 94.5 97.9 109.8 84.5 73.6 93.4 92.0 92. 5 57.2 87.6 114. 2 118. 1 101.7 113. 1 111.6 353. 3 103.9 114.9 <>89.9 89.7 88.1 96.2 « 99. 6 a 110.7 «88. 1 « 79. 8 «98. 5 a 95.0 a 102. 3 o 59. 5 * 88.9 « 114, 6 o 120.0 98.4 <* 114.4 a 109. 0 362. 9 « 105. 1 a 116.9 79.7 74.1 79.1 75.9 82.0 77.1 80.7 77.9 82.4 77.6 80. 3 75.9 82.4 76.1 83.4 77.9 83.8 80.1 84.6 82 2 89. 7 85.1 « 91.7 « 85. 2 74.4 57.0 QQA 85.4 83.1 95, 1 55.5 73.9 49. 36.2 88. 126. 73.3 76.1 57.7 100.7 84.5 81.4 97.1 55.4 71.7 49.1 37.0 90.6 122.4 75.3 77.1 58.4 99.6 84.1 80.2 99.6 54.4 71.6 48. 35.7 93.0 127. 75.4 78.3 57.1 96.6 90.3 88.0 100. 0 54.5 72.4 47.6 35.8 93.9 129.3 74.0 77.6 58.9 97.9 89.2 87.5 96.0 54.8 74.4 46.9 36.0 94.6 129.4 72.1 75. 8 59. 4 95. 5 87. 8 86. 4 93. 9 54. 6 73. 3 46. 3 35. 8 93. 6 128. 1 71. 4 75.7 62.3 96.9 86.9 85.4 93.4 55.9 73.7 47.6 37.3 94.9 129.6 72.3 78.1 65.3 95.4 87.0 85.2 94.7 56.3 74.7 48.2 37.7 97.0 132. 6 75.3 80.9 69.5 97.6 86.2 84.0 95.6 57.1 76.8 49.2 37.8 99.6 134. 1 77.1 83 72 99 85 83 95 57 77 51 37 100 133 79 4 2 2 9 4 8 3 2 1 5 7 5 1 87. 0 73. 8 100. 3 86. 4 83. 8 97. 2 58. 2 81. 4 51.0 37. 6 101. 1 125. 0 SO. 9 103*. 5 86.7 83.9 97.7 « 58. 8 " 82.4 « 53. 4 * 36. 7 « 100. 8 « 109.9 <» 81. 4 75.8 190.9 87.4 82.7 77.4 196.8 90. 87.9 79.1 222.3 91. 90.0 225.4 91.4 89.1 80.3 253.1 90.4 88.0 79.6 239.0 88. 3 85. 6 80.4 248, 8 87.2 84.6 82.4 239.0 87.6 85.3 84 8 256.4 89.4 87.2 86 1 267 7 90 8 88.4 88. 2 244. 0 90. 9 89. 0 89.2 « 231.8 <> 94. 2 91. 1 107.9 97.6 109.2 52.4 64.6 51.4 81.7 71.6 112.6 97.8 109.1 54.8 64.5 54.1 83.4 73.2 116.3 97.4 109.0 55.8 65.1 55.2 83.0 72.1 118. 3 98.0 110.0 55. 64. 55.2 83.4 72.9 114. 2 96.8 108.7 56.7 65.0 56.1 83.4 72.7 107. 9 98. 0 109. 2 59 0 65. 5 58. 4 82.2 70. 6 105.1 97. 9 109.6 60. 4 65.8 60.0 73.7 54.3 109.7 99.0 110.3 59.4 66.0 59.0 82. 1 67.0 109.3 99.6 111.0 59.7 65.9 59.3 81.8 66.8 112.2 99. 2 110.3 60.1 65.6 8L7 68.2 110. 7 98. 9 109. 8 58. 6 65. 8 58. 1 83. 6 70. 4 <* 114.7 « 100. 8 * 110.7 « 60. 3 65. 9 « 59.9 "89.5 "79.7 53.9 32.1 48.9 93.6 96.0 93.2 98.3 57.3 81.6 91.0 31.8 81.1 54.6 34.4 50.9 92.5 96.0 93.6 97.3 57.4 99.5 113.8 39.5 85.3 56.1 34.7 49. 97. 96. 94.4 96.0 57.0 109.0 125.1 48.1 85.6 56.4 35.8 47.4 98.2 96.2 94.7 95.3 58.0 110.9 128.0 51.6 82.9 55.8 35.3 42.8 100.0 95.0 93.0 95.3 56.0 103.0 117.4 50.9 81.4 54. 0 34. 5 42.7 96 2 94. 4 92.0 95 8 55 2 96 6 108 7 52 3 78 0 55.2 35. 2 47.3 94. 1 94.6 91.6 97.4 56.4 96.3 106. 3 55. 4 86.1 57.1 36.4 52.6 95. 6 94.9 91.3 99.1 56.2 98.7 108.0 56.4 93.7 58.2 37.7 56.7 95.6 94.2 90.7 98.1 57.0 96.7 105.2 55.6 95.7 58.3 39.4 55. 3 94.1 94.5 91.8 96.7 57.2 99.1 108.2 58.3 94.7 60. 5 39. 7 55. 8 101.0 98. 2 95. 9 99. 3 8 98.' 2 106. 4 56 0 99.0 60.4 40.0 57.4 <* 99. 6 « 102. 0 «98.7 « 105. 1 « 59.7 0 92.7 « 96. 8 « 65. 0 « 102. 7 84.5 67.3 89.3 82.7 93.2 75.9 91.0 69.7 84.4 68.5 95.5 100.9 94.4 77.7 92.2 71.5 82.9 68.9 94.9 107.8 96.2 76.3 92.2 72.2 81.9 69.1 94. 108.8 96.0 75.2 92. 72.0 68.7 94.9 103.8 95.2 73.7 90.5 69.7 82 0 69 2 94 2 100 0 94.2 74 5 90 8 71 3 83.3 69.3 94.4 101. 5 96. 1 77.2 91.8 71.8 86.2 70.0 95.1 105. 8 97.6 75.9 91.7 74.4 87.7 71.7 96.2 105.0 99.5 74.3 91.5 76.0 88.2 72.6 96.2 103. 5 99. 2 72.2 92.2 78.7 88 9 73 6 96 4 101 0 98 1 72 5 93^6 80 9 o 84.2 76.0 91.1 78.0 97.4 77. 1 «96. 1 « 82. 8 75.7 114.2 74.6 92.6 75.8 114.3 76.5 76.0 114.7 76.6 116.3 76.4 89.7 75.8 115. 6 74.3 89.1 76 7 114 5 75 3 88.7 77.8 117. 4 74.8 88.3 79.0 119 .0 74.5 90.4 80.3 121.8 74.0 94.6 81.6 123.2 73.4 99.1 82.1 121.0 75.4 * 112. 3 84.7 119.8 78.2 ??? 0 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; new data other than shown above on Iowa employment will appear in a subsequent issue. SURVEY OF CURRENT BUSINESS November 1936 1935 Monthly statistics through December, 1931, 1936 together with explanatory footnotes and references to the sources of the data, may be found Septem- Septem- October Novem- Decemin the 1932 Annual Supplement to the Survey ber ber ber ber 29 1936 January February March April May June July August EMPLOYMENT CONDITIONS AND WAGES—Continued EM PLO YMENT-Continued Factory, by cities and States—Continued. States—Continued. 90.5 94.2 98.9 92.1 90.4 89.7 88.3 93.1 95.5 88.4 Maryland*-. 1929-31=10092.3 93.9 «93.0 New Jersey!.1923-25= 10083.1 78.0 76.4 80.0 80.6 79.1 76.3 76.1 77.0 77.7 78.7 79.3 80.8 76.2 77.4. 83.2 75.3 77.5 77.4 New York.1925-27= 10076.8 77.8 76.9 76.8 75.2 79.7 77.2 93.1 93.8 96.0 94.2 Ohio 1926=1000) 0) 0) 0) 0) 0) 0) 0) «84. 8 Pennsylvania! „ 1923-25=100.. 86.8 78.1 76.9 77.3 77.6 79.1 79.5 80.7 «82.4 79.4 79.0 78.9 91.9 95.2 88.7 89.3 90.7 95.6 87.2 89.5 91.8 88.2 85.9 87.1 89.1 Wisconsin. 1925-27=100Nonmanufacturing (B. L. 8.): Mining: 61.2 57.3 52.5 48.4 49.8 54.9 41.1 47.6 46.0 51.2 59.1 58.8 46.6 Anthracite.. 1929=100.. 80.2 80.4 77.5 76.2 79.1 76.8 78.1 75.5 74.3 76.1 77.1 79.8 75.7 Bituminous coaL__ .1929=100— 61.6 62.8 48.9 54.2 55.5 55.9 57.5 60.8 61.3 51.6 52.6 53.5 61.9 Metalliferous—1929=100.. 75.7 74.4 75.4 75.1 70.9 71.3 72.7 71.9 71.1 70.8 74.7 73.0 Petroleum, crude production.1929 = 100-. 73.7 55.3 50.0 42.2 48.4 52.0 54.4 50.0 43.1 54.8 36.9 Quarrying and nonmetallic—_1929=100.. 39.4 53.5 46.7 Public utilities: Electric light and power, and manufac86.1 93.4 86.8 88.0 86.8 93.5 87.4 86.9 89.0 90.4 91.7 87.6 86.1 tured gas 1929=100.. 72.4 72. 8 71.2 71.3 71.5 72.4 70.5 71.7 71.0 71.7 Electric railroads._. „„.1929=100.. 70.7 71.1 71.1 73.5 73.7 70.4 69.9 70.2 70.8 71.6 73.1 70.0 69.6 70.1 69.8 Telephone and telegraph 1929=100— 72.1 Trade: 85.2 82.4 86.8 83.2 80.4 79.7 81.9 85.0 92.9 81.8 85.5 83.8 84.6 Retail!.— . .1929=100.. 86.2 86.8 87.7 85.6 85.7 84.6 85.4 85.7 85.0 86.4 83.7 85.6 84.6 Wholesale! — _1929=100._ Miscellaneous: 73.4 83.6 86.6 74.7 81.8 87.3 82.1 71.5 70.3 85.5 80.4 87.5 76.3 Dyeing and cleaning*!* 1929=100.. 83.0 83.8 81.9 82.8 82.8 83.2 84.1 83.3 80.8 81.1 81.6 81.5 83.9 Hotels! .1929=10083.2 89.6 81.2 82.1 85.5 89.6 90.5 81.9 83.0 81.5 81.3 81.1 87.2 Laundries*!*.. .1929=100Miscellaneous data: Construction employment, Ohio 27.9 30.9 28.5 27.6 1926=1000) (l) 0) 0) 0) 0) 0) 0) 0) Farm employees, average per farm* .62 .74 .89 .99 1.07 .98 .90 1.00 .71 .85 number.. 1.01 (") Federal and State highway employment, total* number.. 414,147 340, 073 323,374 290, 523 252, 229 202,884 200,451 227,586 287,478 374,191 423,466 435,971 433, 533 80, 674 94, 200 144,173 209,835 258,103 271, 015 274, 651 97,089 Construction* number.. 262,375 183,886 176, 050 151, 385 130, 539 151,772 156,187 147,324 139,138 121, 690 105, 795 119, 777 133, 386 143, 305 164,356 165,363 164, 956 158,882 Maintenance* number Federal civilian employees: United States*._ number— 871,253 829, 605 831,453 835,236 850, 943 840,183 835,087 841,197 846,279 853,439 859, 836 866,141 869, 799 Washington number- 114,611 108,952 110,009 110, 745 111, 692 111,954 112,304 112,370 115,073 116,857 117,103 116, 022 115, 569 1,102 Railway employees, class I*._-thousands— 1,013 991 1,042 1,032 1,061 1,080 1,089 1,097 1,021 1,001 987 Trades-union members employed: 82 77 79 «87 78 83 83 78 88 All trades percent of total80 80 83 Building trades* percent of total— 76 50 48 51 59 66 73 53 54 52 55 72 88 85 82 83 83 86 89 80 83 81 81 88 Metal trades* percent of total.. ° 89 85 87 88 89 88 86 86 85 87 87 88 Printing trades* percent of total85 81 °89 82 83 84 86 85 84 83 84 85 All other trades* percent of total63 «66 58 61 61 64 55 56 57 59 59 On full time, all trades percent of total— 58 60 LABOR CONDITIONS Hours of work per week in factories:*!! 38.4 40.0 38.7 40.6 39.5 39.4 39.2 37.7 38.1 38.7 38.5 39.4 38.6 Actual, average per wage earner hours.. Industrial disputes in progress during month:! *340 332 210 247 301 '345 311 «247 «298 P299 274 « 318 «274 Number of disputes Man-days lost number.. J>1,120,000 3,027,040 1, 562,908 1,003, 852 660, 911 632, 705 " 747,819 1,330, 788 " 692, 824 « 986,981 "1,279,274 PI,075,000 P 8 9 1 , 000 '118,000 58, 583 "89,768 122, 301 « 93, 886 " 120,969 " 129, 381 v 122, 000 61, 782 Workers involved number.. v 125,000 514,427 133, 742 100, 732 Employment Service (United States) :* Applications: In active file®! .number- 6,837,054 «8,747,852 "8,796,750 "8,456,718 "9,025,963 "9,083,717 "9,252,657 "9,312,517 "9,044,859 "8,812,299 "6,498,076 «6,726,328 '6,823.904 New ... number.. 355,538 « 691,853 « 656, 741 "550,457 « 501,194 » 433, 585 ° 355, 327 • 364,758 " 300, 516 -295,812 " 370, 233 " 395, 567 '384, 762 Placements: 434, 374 • 396, 340 « 561, 717 " 684, 329 « 799,927 ° 522, 762 « 387, 279 « 442,331 " 454,826 « 468, 588 « 473,141 « 437,837 '436,093 Number! «*. 064 .064 .045 .058 .042 «.O47 .050 .053 .073 .065 .089 .064 .081 Per active applicant number— Labor turn-over:! 4.72 3.30 4.94 5.09 3.65 2.95 3.97 4.46 5.23 4.95 4.05 Accessions percent of no. on pay roll— 4.49 3.63 Separations: .27 .18 .26 .17 .19 .21 .23 .21 .20 .19 .20 .20 Discharged—percent of no. on pay roll.23 3.23 2.21 1.92 1.84 2.89 1.47 1.83 2.06 2.66 1.92 2.03 Laid off percent of no. on pay roll1.95 2.58 Voluntary quits 1.23 .69 1.57 .68 .86 1.16 1.06 .89 percent of no. on pay roll— 1.05 1.15 77 .71 1.13 PAY EOLLS 77.2 77.8 81.0 75.5 75.6 71.7 71.9 • 8 1. 1 74.3 72.0 78.5 78.7 73.7 Factory unadj. (B. L. S.) *§-_ 1923-25=100-. a "73. 2 Durable goods group*§ 1923-25=10073. 2 ° 59.7 ° 63.8 ° 63.6 75.1 72.1 65.1 ° 66.7 ° 68.3 Iron and steel and products «80.7 69.9 73.9 76.9 1923-25=10065.2 78.5 64.4 68.8 62.7 65.5 75.8 65.1 81.1 Blast furnaces and steel works 82.1 "87.1 72.0 68.2 73.8 79.2 86.6 64.2 82.5 66.4 68.0 84.0 66.1 1923-25=100.. Structural and metal work 45.0 66.1 °70.6 71.5 49.9 44.8 60.7 46.0 45.6 45.3 54.7 65.1 44.7 1923-25=-10091.5 86.1 102.4 «113.2 119. 0 94.5 100.2 105.7 90.9 94.3 98.6 102. 91.5 Tin cans, etc.. 1923-25=100"52.7 53.9 41.1 41.1 44.6 46.3 48.1 49.4 44.2 48.5 47.3 48.6 45.0 Lumber and products 1923-25=100— 69.1 71.8 60.2 51.8 54.3 55.7 56.2 56.7 59.3 63.0 59.3 58.4 60.5 Furniture 1923-25= 100— -48.9 48.8 40.8 36.1 39 2 41.2 43.9 45.9 41.9 39.6 39.0 44.2 35.9 Millwork— 1923-25 = 100.. °31.1 31.6 29.4 28! 0 25.9 30.0 24.4 31.3 29.5 26.5 25.2 29.7 31. Sawmills 1923-25=100.. 59.7 59.2 55.2 59.2 57.0 58. 64.4 58.8 59.3 60.5 58. 65.8 64.6 Turpentine and rosin 1923-25=100— J ° Revised. v Preliminary. i Temporarily discontinued by the reporting source. Data not available. * 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 t tie 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 1034 issue. See also p. 19. July 1934 issue. Data on the IT. S. Employment Service for the period July 1933-June 1935 were shown on p. 19 of the September 1935 issue. Data for class I railway employment for period July 1921-August 1936 are shown on p. 20 of this issue. t For revised data refer to the indicated pages as follows: Employment in JSiew 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. For labor turn-over see p . 20 of the April 1935 issue. Industrial disputes revised for 1935. See p. 29 of the April 1935 and p. 29 cf the May 1936 issues. Data on Employment Service (U. S.) revised beginning July 1935. Revisions July 1935, applications in active file, 7,562,206, new applications, 863,930, placements, 283,760; August 1935, applications in active file, 8,277.774, new applications, 878.782, and placements 304,499. • 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. § Data have been revised for the period January 1933-September 1935. Revisions not shown in the November 1935 issue appeared on p. 16 of the January 1936 issue. 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 in the September 1935 issue. <g> Changes in procedures affecting the organization of the active file resulted in the decline during June 1936. 1 Data revised for the period 1924 to date. For revisions see p. 17 of the October 1936 issue. 101104—36 5 30 SURVEY OF CURRENT BUSINESS 1935 Monthly statistics through December, 1931, 1936 together with explanatory footnotes and references to the sources of the data, may be found Septem- Septem- October Novem- Decemin the 1932 Annual Supplement to the Survey ber ber ber ber November 1936 1936 January Febru- March ary April May June July August EMPLOYMENT CONDITIONS AND WAGES—Continued PAY ROLLS—Continued Factory unadjusted—Continued. Durable goods group—Continued. Machinery _._. 1923-25=100Agricul tural implements. 1923-25 = 100. _ Electrical machinery, e t c 1923-25=100.Foundry and machine shop products 1923-25 = 100-. Radios and phonographs. 1923-25 = 100.. Metals, nonferrous § 1923-25=100Aluminum manufactures § 1923-25=100Brass, bronze, copper products 1923-25=100Stamped and enameled ware § 1923-25 = 100-. Railroad repair shops 1923-25=100-.. Electric railroads... 1923-25=100.Steam railroads 1923-25=100. Stone, clay, and glass products 1923-25=100.. Brick, tile, and terra cotta 1923-25 = 100Cement 1923-25=100Glass ._ 1923-25= 100.. Transportation equipment-1923-25 = 100.. Automobiles 1923-25 = 100 Cars, electric and steam. 1923-25=100Shipbuilding 1923-25 = 100 Nondurable goods group* §.. 1923-25=100-. Chemicals and products...1923-25=100.. Chemicals 1923-25 = 100Druggists' preparations._1923-25=100-. Paints and varnishes 1923-25=100Petroleum refining, ..1923-25=100Rayon and products 1923-25=100.. Food and products. 1923-25 = 100Baking 1923-25=100. Beverages 1923-25=100Slaughtering, meat packing 1923-'5=100.. Leather and products 1923-25 = 100Boots and shoes .1923-25= 100. _ Leather 1923-25=100.. Paper and printing. 1923-25=100.. Paper and pulp 1923-25 = 100.. Rubber products! 1923-25=100.. Rubber tires and tubes.. 1923-25=100.. Textiles and products 1923-25 = 100.. Fabrics 1923-25=100. Wearing apparel. 1923-25 = 100._ Tobacco manufactures 1923-25=100.. Factory by cities: Baltimore* 1929-31=100__ Chicago* 1925-27=100.. Milwaukee* .1925-27=100New York* _ .1925-27 = 100. _ Philadelphia*! 1923-25=100.. Pittsburgh*! 1923-25=100.. Factory by States: Delaware!1923-25=100.. IllinoisA-1925-27=100.. Maryland* 1929-31 = 100.. Massachusetts*t1925-27=100.. New Jerseyf 1923-25=100.. New York.... .1925-27=100.. Pennsylvaniaf-1923-25=100.. Wisconsin 1925-27=100.. Nonmanufacturing (B. L. S.): Mining: Anthracite.. .1929=100.. Bituminous coal 1929=100.. Metalliferous. ._ _1929=100._ Petroleum, crude production 1929=100.. Quarrying and nonmetallic. 1929=100.. Public utilities: Electric light and power and manufactured gas .1929=100.. Electric railroads 1929=100.. Telephone and telegraph... 1929 = 100..I TradeRetailf .1929=100.. Wholesalef.1929 = 100.. Miscellaneous: Dyeing and cleaning*!^ 1929=100.. Hotels! 1929=100.. Laundries*!* 1929=100.. i 1 Revised. 89.4 102. 0 74.2 75.2 136.8 62.1 78.4 136.1 65.2 78.9 145. 0 64.6 80.7 155.2 65.1 78.3 162. 0 61.3 79.2 165. 3 61.0 82.2 171.0 63.7 86.3 172.5 89.6 168.8 71.1 90.6 156. 5 73.0 87.6 130.5 72.6 "88.8 <* 112. 2 72.4 80.7 168. 5 83. 6 62.2 166.3 70.9 64.6 185.8 7S.4 65.3 179.8 68.5 143.7 66.7 126.2 72.7 68.3 114. 0 72.4 71.6 109.7 73.9 75.4 118.0 74.0 78.4 141.9 75.2 79.6 162.0 76.1 77.4 149.9 73.6 °79.8 « 172.2 « 79. 1 84.8 69.6 76.0 74.6 76.7 79.9 71.3 70.3 90.8 52.2 60.8 51.7 90.7 57. 8 62.5 57.6 83.1 65.8 72.5 96.2 60.8 60.8 60.9 89.8 49.1 59.1 48.5 99.9 53.1 60.0 52.7 78.5 79.4 77.0 76.7 73.4 78.7 78.8 80.9 82.5 70.8 73.3 73.2 72.3 78.1 96.4 63.1 63.6 63.2 101.1 60.6 62.5 60.6 97.3 61.6 62.7 61.6 98.8 62.3 61.9 62.4 91.9 58. 0 61.7 57.8 «9S.O "59.7 « 61.3 a 59. 7 86.1 51.3 42.2 44.5 72.9 101.0 54.5 59.3 54.2 43.9 44.6 38.0 38.7 43.5 46.9 49.3 49.5 48.8 ° 51. 5 31.4 49.3 91.3 76.8 76.7 71.9 93.0 91.0 108. 6 115.7 100. 8 100. 2 106. 5 286. 6 112. 7 109. 0 204. 3 22.5 35.2 85.6 60.0 64. 6 31.0 65. 6 °87.0 99.0 98.8 97.3 89. 5 102.8 264.1 105. 5 101.6 171.0 24.0 35.1 90.9 78.6 87.5 38.7 70.4 o 86. 1 100.6 100.1 99. 9 94.8 102.2 263.5 98.0 100.8 157.7 23.4 33.3 91. 2 92.1 104. 5 44.6 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 92.9 103. 8 51.9 77.2 ° 85. 2 100. 8 102.1 97.2 93.7 104.0 268.0 90.5 99.4 147.4 20.0 23.4 82.3 86.2 95.7 47.9 77.2 a 82. 3 97.9 99.7 95.3 91.8 99.5 264. 4 87.3 99.0 147.0 19.4 23.8 83.8 77.8 83.9 51.7 75.3 « 82. 7 97.5 99.9 94.2 93.5 98. 5 260. 8 84.7 99.8 143. 3 22.4 31.8 89.1 87.7 94.4 59.8 85.0 « 84. 7 102.4 103.0 100. 0 95.9 103.0 267.3 87.5 100.9 162.4 25.8 38.3 92.1 100.8 109.1 68.1 95.6 83.3 101.3 104.9 98.0 100.7 101.7 254.9 87.7 100.4 168.0 29.5 44.0 93.0 102.4 111.1 67.2 95.6 83.4 102.9 107.0 95.9 106.0 103.4 259.0 92.7 104.1 192.9 31.4 45.5 91.9 99.5 107.1 70.2 91.8 83.3 102.6 108.9 93.3 106. 6 105. 6 262.4 95.8 106.0 198.6 31.3 46.9 89.1 93.3 99.5 65.7 92.5 85.2 103.5 110.5 94.6 100.4 107.8 272.8 103. 6 106.9 239.7 « 94. 2 «82. 3 a 83. 4 a 75. 7 ° 91. 5 «91.4 ° 105. 2 « 113. 2 98.8 a 100. 1 ° 105. 5 ° 284. 4 ° 110. 4 a 107. 1 « 213.3 84.0 77. 7 70* 6 100. 5 93.1 96.0 86.0 79. 6 82. 6 81.5 79.9 51.4 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 73.8 79.8 74.5 96.6 88.9 93.4 69.8 60.2 81.1 79.9 78.6 43.4 74.1 75.5 69.7 93.8 90.5 94.9 63.0 47.4 84.3 80.0 87.6 44.9 73.6 69.9 62.4 94.5 91.1 96.2 74.0 63.2 80.0 78.3 78.7 42.6 77.6 65.9 56.8 95.9 91.9 97.0 76.8 68.2 77.0 76.4 73.8 46.8 80.2 66.7 58.2 94.6 90.5 95.8 79.0 70.9 75.7 76.5 69.6 48.3 85.6 76.5 70.8 94.7 87.7 93.2 77.0 70.0 76.2 78.4 67.4 49.2 86.4 « 82. 8 a 77. 7 a 99. 0 « 90. 6 « 97. 6 "84.0 «78. 1 «86. 0 84.3 « 84. 2 51.5 96.9 58.4 90.3 69.0 87.7 08. 3 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 80.3 51.1 81.2 63.9 78.2 73.9 52.2 87.0 69.1 80.0 75.5 85.4 52.3 89.3 65.0 76.8 88.7 91.3 54.2 89.5 63.4 79.8 90.3 92.9 55.7 91.5 61.2 81.1 94.4 92.7 56.4 87.6 62.4 82. 1 93.3 a 85. 3 58.5 89.5 68. 1 a 88. 3 °96.6 91.7 60. 9 85. 5 70.3 71.8 72.3 82.5 82.7 70.5 55. 6 85.5 64.8 64.8 65.9 65.0 78.1 70.4 56.9 84.9 65.9 67.6 66.3 70.3 77.1 69.2 56.5 82.5 62.4 68.1 64.3 68.5 75.8 72.3 58.4 83.9 66.8 68.1 65.9 68.3 77.3 71.9 57.4 81.9 64.8 65.2 64.4 66.0 75.2 70. 5 58.3 83.3 65.9 65. 0 64.5 67.2 74.0 60.8 84.4 65.3 66.4 67.2 69.0 79.2 70.8 61.3 88.4 66.0 67.4 66.4 72.8 79.0 73.5 62.8 93.2 65.4 68.8 66.6 74.4 80.4 76.9 64.4 94.3 64.0 70.0 66.3 76.2 81.8 79.4 63.8 94.2 66.6 69.4 67.5 ° 76.7 79.7 87.6 66.4 « 89. 4 70. 1 72.0 71.0 ° 81.7 82.6 34. 9 71.0 49.7 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 76.7 78.4 42.8 42.6 70.2 45.1 28.6 62.6 45.5 56.3 62.2 47.7 42.0 61.5 48.2 37.2 62.6 46. 1 31.4 65. 8 48.1 60.1 44.6 60.9 35.4 57.9 36.5 57.2 32.1 59.9 29.7 55.7 25.5 55.7 23.9 56.0 30.9 57.1 36.1 58.0 42.1 58.9 44.0 60.7 43.9 60.6 46.2 90.6 66. 5 78. 2 84.5 64.0 73.8 84.4 64.1 74.9 83.4 63.8 74.9 86.0 66.1 75.6 84.8 65.0 75.0 84.7 68.3 76.2 85.9 67.8 77.2 86.2 65.9 76.0 87.0 66.1 78.5 88.1 66.8 77.4 89.8 66.5 79.9 89.9 66.4 81.0 66.6 70.6 62.5 67.2 63.2 63.4 66.9 69.3 62.1 66.6 61.6 66. 6 63.5 69.0 65.3 67.9 65.8 68.2 66.4 68.4 65.1 69. 0 64. 4 69. 6 66.1 66. 8 76.6 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. 0 66. 5 67. 8 56.4 66.0 69.9 64.1 66.3 70.9 72.2 67.0 75.6 69.2 66.6 75.8 64.8 66.0 79.0 63.2 66.0 102.8 57.1 61.8 56.9 a 32. 2 M8.7 on pay rolls for nondurable goods industries for th e period January 1923-June 1935 are shown on p. 19 of the August 1935 issue. ! Revised series. For revisions on the followin and Phila chusetts, the 1936 i _ ..... .. __.,.. ,.._., 20, August 1934; hotels revised for the period January 1929-July 1935, inclusive; see "p. 2o'of September 1035 issue. * Revised data on Illinois pay rolls from April 1929 to December 1932 will be shown in a subsequent issue. • The revised series on dyeing and cleaning and laundry payrolls shown in the August 1935 issue have been dropped by the Bureau of Labor Statistics and the publication of the original series resumed in the September 1935 issue. | Data have been revised for the period January 1933-September 1935. Revisions not shown in the November 1935 issue, appeared on p . X6 of the January 1936 issue. 31 SURVEY OF CURRENT BUSINESS November 1936 Monthly statistics through December 1981, together with explanatory footnotes and references to the sources of the data, may be found in the 1932 Annual Supplement to the Survey 1936 1936 1935 DecemFebruber January ary SeptemINOV October ber ber March April May June July August EMPLOYMENT CONDITIONS AND WAGES—Continued WAGES—EARNINGS AND RATES Factory, weekly earnings (25 industries):*J All wage earners .. ..dollars — Male: Skilled a n d semiskilled .__dollars... Unskilled dollars Female _ dollars.. All wage earners 1923=100 Male: Skilled a n d semiskilled 1923=100Unskilled - 1923=100 Female 1923=100 Factory, av. hourly earnings (25 industries) :*tc? All ware earners dollars Male: Skilled a n d semiskilled —.dollarsUnskilled . . dollars Female dollars.. Factory, weekly earnings, b y States: Delaware 1923-25=100.. Illinois 1925-27 = 100 Massachusetts*!— 1925-27 = 100 . New Jersey— ...1923 25 = 100.. New York - 1925-27=100 Pennsylvania 1923-25 = 100.. Wisconsin 1925-27 = 100 Miscellaneous data: Construction wage rates:*§ Common labor (E. N, i?.).dol. per hour.. Skilled labor (E. N. i2.)..dol. per hourFarm wages, without board (quarterly) dol per month Railways, wages (average)* dol. per hour Road-building wages, common labor:# United States dol. per hourEast North Central dol per hourEast South Central ».dol. per hour.. Middle Atlantic . dol. per hour Mountain States dol. per hourNew England * dol. per hour Pacific States.. _ dol. per hour South Atlantic dol. per hour.. West North Central _dol. per hourWest South Central. dol. per hourSteel industry: U. S. Steel Corporation®..—dol. per hour... Youngstown district...percent base scale.. 25.12 22.54 23.13 23.32 23.38 23.40 23.14 23.67 24.33 24.41 24.45 24.23 24.66 28.17 20.28 15.87 94.4 24.98 18.68 15.55 84.7 25.83 19.33 15.59 86.9 26. 08 19.46 15.59 87.6 26.32 19.40 15.72 87.9 26.40 19.01 15.12 87.9 26.05 18.68 15.38 87.0 26.43 19.14 15. 24 89.0 27.18 19.60 15.15 91.4 27.32 19.67 14.98 91.7 27.31 19.74 15.00 91.9 26.88 19.56 15.14 91.1 27.48 20.04 15.93 92.7 91.4 90.9 92.1 81.1 83.8 90.2 83.8 86.8 90.4 84.6 87.3 90.4 85.4 87.1 91.2 85.7 85. 3 87.7 84.6 83.8 89.2 85.8 85.9 88.4 88.2 88.0 87.9 88.7 88.3 86.9 88.6 88.6 87.0 87.2 87.8 87.8 89.2 89.9 92 4 .619 .601 .602 .605 .604 .608 .608 .611 .613 .616 .617 .617 .616 .687 .496 . 430 . 665 .492 .435 .665 .496 .435 .667 . 501 .435 .667 .500 .433 .673 .492 .431 .674 .489 .430 .676 .493 .429 .680 .496 .430 .684 .498 .432 .685 .496 .429 .684 .498 .428 .683 .495 .429 81.0 83.1 88.1 96.4 87.0 93.4 86 3 77.3 79.2 86.8 92.7 85.7 82.9 85.9 80.1 80.9 86.1 94.2 85.2 87.1 84.8 82.5 80.0 81.8 94.«4 83.7 86.0 84.5 85.1 82.2 87.4 96.2 86.4 86.3 87.9 84.4 81.7 87.1 95.4 85.7 85.0 86.2 83.4 81.9 87.4 95.4 85.6 85.9 83.4 83.1 84.2 87.2 97.1 87.0 87.7 88.4 84.6 83.5 88.5 97.9 85.7 91.9 87.9 85.8 84.2 88.3 99.0 85.9 92.6 87.7 85.8 85.0 87.2 98.6 86.3 93.2 88.0 84.4 84.1 88.3 98.5 87.2 91.5 83 2 °82. 2 84 4 89.6 99.5 89 0 95.0 89 4 .569 1.16 .529 1.08 .529 1.10 .528 1.10 .528 1.10 .547 1.12 .547 1.12 .547 1.13 .552 1.13 .558 1.14 .564 1.14 .554 1.15 .569 1.16 32 84 30.38 .678 .667 .682 28.63 .686 .682 .695 30.87 .676 .670 .670 32.21 .663 .664 .665 .42 .58 .31 .47 .56 48 .56 .32 .50 .34 .42 .54 .30 .43 .57 .46 .57 .31 .47 .36 .42 .54 .30 .44 .57 .46 .58 .32 .47 .36 .42 .55 .30 .44 .57 .47 .59 .32 .48 .36 ,41 .55 .30 .44 .56 .48 .60 .33 .48 .36 .40 .58 .30 .44 .55 .48 .60 .31 .48 .37 .38 .60 .30 .46 .54 .50 .57 .33 .49 .30 .37 .62 .30 .48 .55 .50 .59 .32 .47 .36 .38 .57 .30 .46 .55 .52 .57 .33 .46 .37 .42 .56 .30 .45 .57 .48 .55 .34 .48 .36 .42 .54 .30 .46 .56 .47 .55 .33 .49 .36 .42 .56 .30 .46 .56 50 .54 .33 .49 .36 .41 .54 .30 .47 .57 49 .51 .32 .50 .34 .485 115.0 .485 115.0 .485 115.0 .485 115.0 .485 115.0 .485 115.0 .485 115.0 .485 115.0 .485 115.0 .485 115.0 .485 115.0 .485 115.0 .485 115.0 FINANCE BANKING Acceptances and com'l paper outstanding: Bankers' acceptances, total..mills, of dol_. Held by Federal Reserve banks: For own account mills, of dol._ For foreign correspondents mills, of dol— Held b y group of accepting banks, total mills, of dol— Own bills mills, of dol— Purchased bills mills, of d o l . . Held b y others mills, of dol— Com'l paper outstanding mills, of d o l . . Agricultural loans outstanding: F a r m mortgages: Federal land banks mills, of dol— Joint stock-land b a n k s ! mills, of dol_. Land-bank commissioner*.mills, of dol— Federal intermediate credit b a n k loans to and discounts for:A Regional agricultural credit corp's and production credit ass'ns._mills. of dol— All other institutions mills, of d o L . Other loansAgricultural marketing act revolving fund loans to cooperatives! mills, of d o l . . B a n k s for cooperatives, incl. Central Bank* mills, of dol Emergency crop loans* mills, of dol— Prod. cred. ass'ns* mills, of d o L . Regional ag. credit corp.*_.mills. of dol— 315 328 363 387 397 384 377 359 344 331 316 316 308 276 139 137 39 197 301 148 154 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 37 176 321 150 171 38 180 310 143 167 34 174 297 155 142 34 184 276 129 147 40 169 278 131 147 37 188 279 140 139 29 205 2,068 142 834 2,047 190 765 2,059 184 777 2,066 180 786 2,072 176 795 2,066 170 803 2,059 166 811 2,060 162 818 2,062 158 823 2,063 154 827 2,064 151 827 2,065 147 829 2,067 145 832 139 48 115 60 101 53 100 50 105 49 105 48 111 49 123 50 133 52 140 53 144 53 146 53 144 53 49 47 46 45 44 44 44 44 44 42 45 44 44 56 43 122 101 59 48 114 93 52 51 109 92 46 50 107 94 43 47 105 96 41 43 104 103 41 41 104 116 40 40 112 128 39 40 114 135 38 40 114 139 36 43 112 141 35 44 111 136 33 no 122 31 ° Revised. fRevised series. F o r revisions on t h e following subjects, refer to t h e indicated pages of t h e m o n t h l y issues: Massachusetts weekly earnings for 1931, p . 19, A u g u s t 1933; a n d for 1932-34, p . 20, September 1935. Certain classes of loans included in t h e figures shown through M a y 1934 have been reclassified and removed from t h e agricultural category. §Constniction wane rates as of October 1, 1936—common labor, $0,583; skilled labor, $1.18. ^Beginning with M a r c h 1932 data are based on Federal-aid a n d State projects; before t h a t time the data are based on Federal-aid projects. JJoint-stock land banks in liquidation. *New series. For earlier data on t h e following subjects, refer to the indicated pages of t h e m o n t h l y issues as follows: Factory weekly earnings for period of J a n u a r y 1927 through August 1932, p . 20, October 1932; factory hourly earnings for January 1926-December 1931, p . 18, December 1932; weekly earnings Massachusetts for J a n u a r y 1926-December 1931, p . 18, December 1932; construction wage rates for J a n u a r y 1922-July 1933, p . 19, September 1933. Additional series on agricultural loans were first included in t h e J u n e 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, a n d emergency crop loans and regional agricultural credit corporations for April 1933-April 1934. D a t a for emergency crop loans for fiscel years from J u n e 1922-June 1931 and monthly periods J a n u a r y 1932-March 1933 and regional credit corporations for October 1932-March 1933 will be shown in a subsequent issue. D a t a on railway wages for period Ju l y 1921-August 1936 are shown on p . 20 of this issue. ABreak-down of figures shown in issues u p to November 1934. c? D a t a revised for t h e period 1924 to date. For revisions see p p . 17, 18, and 19 of t h e October 1936 issue. <£) Basic rate for common labor. 32 SURVEY OF CUEEENT 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 1935 Septem- Septem- October Novem- December ber ber ber November 1936 1936 January February March April May June July August FINANCE—Continued BANKING—Continued 29,031 32, 577 32, 227 33, 248 36, 360 35, 424 31, 572 Bank debits total mills of dol 34,783 37,496 33,225 37, 505 34 816 31 469 14,014 15, 733 15, 542 17,684 15, 806 19, 629 17, 925 17, 286 New York City.. mills, of dol_. 15,656 16.' 227 18,' 623 16,199 14,'363 15, 017 16, 844 16, 685 18, 676 17,499 15, 766 17,867 17, 497 16,998 18, 882 Outside New York City mills, of dol_. 17, 592 18, 617 17,106 Brokers' loans: Reported by N . Y. Stock Exchange 971 781 792 846 938 925 924 997 1,064 970 989 967 mills of dol.. 974 1.76 1.93 1.84 1.88 2.00 1.81 1.93 2.23 1.84 1.94 1.94 Ratio to market value percent.. 1.79 1.79 By reporting member banks: To brokers and dealers in N . Y.* 972 846 779 850 980 893 898 990 1,032 1,154 973 mills, of dol__ 907 958 To brokers and dealers outside N Y.* 222 169 152 173 183 171 171 220 209 253 238 mills, of dol.. 220 205 Federal Reserve banks: 9,872 10,416 10, 780 11,026 11,094 11,127 11,184 11, 0S8 11, 574 11, 266 Assets, total _mills. of dol__ 11,862 11, 629 11, 621 Reserve bank credit outstanding 2,473 2,477 2,482 2,480 2,486 2,479 2,482 2, 473 2, 475 2,474 2,473 mills, of dol.. 2,462 2.470 3 5 5 5 5 5 5 3 3 Bills bought -mills, of dol 5 4 g 9 5 10 6 6 9 7 8 5 4 Bills discounted" mills, of dol 2, 430 2,431 2,430 2,430 2, 430 2,430 United States securities-.mills. of dol._ 2,430 2,430 2,430 2,430 2,430 2, 430 2,430 8, 659 6,838 7,285 7, 566 7,835 8,006 8,021 8,027 8,049 8,132 8, 385 8, 503 Reserves, total mills, of dol 8, 579 8,397 7,571 7,685 6,633 7,680 7, 347 7,668 7, 717 7,053 Gold reserves§ _ _ __ mills, of dol 7,837 8,119 g' 312 8* 210 11.094 11, 862 11,127 9,872 11,026 11,184 11,088 10,416 10, 780 Liabilities total mills of dol 11, 266 11, 574 11, 629 11 621 6, 844 6,386 6,535 6,497 5,613 6, 166 6,617 6,524 5,999 6,574 6, 585 Deposits, total mills of dol 6*, 758 6, 800 5,860 5,784 6, 357 5,254 5,835 5,587 5,087 5,486 5, 648 5, 633 Member bank reserves mills, of dol.. 5,719 6! 005 6^410 1, 8-10 2,600 2,970 3,100 2,844 3,084 2,986 2,305 2,664 2, 866 2,717 3, 029 Excess reserves (est.)*._ .mills, of dol.. 1, 950 4,049 3,474 3,532 3,647 3,709 3,633 3,732 3, 764 3,762 4, 034 3,795 3,978 Notes in circulation. .mills, of dol_. 4. 018 79.5 75.3 76.4 77.1 77.6 78.1 78.1 78.2 78.3 78.4 79.0 79. 2 Reserve ratio . .. .percent.. 79. 3 Federal Reserve reporting member banks:! Deposits: 13, 578 14,017 14,090 14,258 13, 246 13,887 13,598 14, 018 14, 580 14,679 14, 850 14, 867 Demand, adjusted}:. mills, of dol_. 15,116 5, 063 4,890 4,899 4,872 4,911 4,888 4,900 4, 909 5,047 5, 035 5, 011 5, 015 Time mills, of dol 5, 032 13, 929 12, 390 12, 646 12,996 13,047 13,229 13, 452 12,476 12,480 14,159 13, 522 Investments mills of do] 14,084 13' 809 U. S. Gov., total direct obligations* 9, 336 8,183 8,177 8, 301 8,468 8,655 8,690 8,643 8,802 8,909 9,510 9,456 mills, of doL. 9, 263 U. b. VTOV. guaranteed issues 1,126 1,265 1,281 1,256 1,172 1,201 1,094 1,137 1,133 1,305 1,289 1, 272 1,236 mills, of dol.. 3,337 3, 113 3,166 3,042 3,052 3.169 3,156 3, 321 3,369 3,308 3,360 3* 356 3, 310 Other securities* mills, of dol 8,392 8,753 8,249 7,999 7,959 8,343 8,152 8,030 7,902 8,626 8,460 Loans, total _ mills, of doL. 8, 294 8^454 Acceptances and commercial paper* 311 324 329 353 362 360 349 352 346 315 315 319 318 mills, of doL. 1,139 1,144 1,146 1,140 1,136 1,142 1,146 1,144 1,141 1,147 1,145 1,144 1,145 On real estate* mills, of doL. 112 87 81 150 76 65 66 88 67 92 62 58 65 To banks mills, of dol__ 3,242 3,095 3,108 3,274 3,128 3,117 3, 313 3,304 3,006 3,486 3,319 3,173 3,177 On securities mills, of dol__ 3,949 3,380 3,340 3,401 3,401 3,304 3, 281 3, 495 3,485 3,586 3,619 3,600 3, 749 Other loans* mills, of doL. Interest rates: He H H H Vi H H H H Acceptances, bankers' prime .percent.. Bank rates to customers:* 2.40 2.72 2.61 2.64 2.44 2.51 2.72 2.77 2.56 2.61 2.54 2.44 2.42 In New York City .percent.. In eight other northern and eastern 3.45 3. 75 3.67 3.62 3.45 3.51 3.75 3.63 3.63 3.60 3.47 3. 81 3. 47 cities . percent In twenty-seven southern and western 4.29 4.55 4.55 4.47 4.43 4.39 4.35 4.25 4.51 4.51 4.51 4.44 4.40 cities percent.. 1.00 .29 .75 .75 .93 1.00 1.00 .25 .75 .75 .75 .75 1.00 Call loans, renewal percent.. % % 94 Com'l paper, prime (4-6 mos.) percent.. H H U U U H H H 1.50 1.50 1.50 1.50 1.50 1.50 1.50 1.50 1.50 1.50 1.50 1.50 1.50 Discount rate, N. Y. F. R. Bank__percent_. 4.00 4.00 4.00 4.00 4.00 4.00 4.00 4.00 4.00 4.00 4.00 4.00 4.00 Federal T and bank loans* percent.. 2.00 2.00 2.00 2.00 2.00 2.00 2. GO 2.00 2.00 2.00 2.00 2.00 2.00 Intermerliate credit bank loans...percent.1 1 1 1 1 1 1-1J4 1}4 IK IK Time loans, 90 days.. percent.. H H Savings deposits: New York State Savings banks 5,161 5,154 5,187 5,177 5,177 5,204 5,175 5,165 5,210 5,197 5,197 5,223 5,179 mills, of dol._ u . £5. x os bai oavings. 1,250,720 1,191,677 1,201,304 1,207,971 1,213,765 1,196,427 1,198,966 1,215,811 1,215,173 1,231,646 1,214,095 1,244,232 1,249,214 Bal. to credit of depositors-thous. of dol.. 211,251 203,010 155, 028 149,132 Bal. on deposit in banks__thous. of dol_. 147, 788 318,513 305, 778 293,598 286,588 243, 702 224,497 220, 578 216,124 FAILURES<? TT Q T^Aofoi Qn-niTirro* Commercial failures: 586 787 1,056 898 910 1,077 856 946 830 832 773 639 655 Grand total number 59 46 47 53 41 58 47 38 39 35 43 Commercial service, total number.. 34 37 43 38 58 74 54 51 36 51 32 46 36 42 36 Construction, total _ number 174 143 169 210 180 158 161 107 137 146 143 Manufacturing, total.. .number.. 131 104 Q 2 9 6 8 10 10 3 2 5 5 11 4 Chemicals and drugs number 45 38 35 34 50 57 40 37 33 33 35 37 Foods number.. 30 14 6 16 12 11 18 13 11 12 11 11 g Forest products number 1 1 3 g 1 5 6 7 3 3 4 2 Fuels « number g 9 5 13 8 8 5 8 6 7 5 9 Iron and steel number 4 4 2 8 10 7 8 10 9 3 7 8 8 Leather and leather products.number.. 6 3 12 11 8 5 12 6 2 6 7 5 Machinery ._ number Paper, printing, and publishing 7 12 10 13 12 12 8 17 13 17 13 7 10 number.. •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 seres on interest rates of Federal land banks see p. 20 of the April 1935 issue. Data on excess reserves for the period Sept. 1, 1931-April 1936 are shown on p. 20 of the July 1936 issue. See footnote below on break-down of investments and total loans. Monthly data previous to October 1934 not available. Data on acceptances and commercial paper, on real estate, to banks and other loans represent a break-down of the "All other" loans total which was published prior to Oct. 1, 1935. §Figures subsequent to December 1933 represent gold certificates on hand and due from Treasury, plus redemption fund. tMethod 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. fData 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 on p. 32 of the December, 1935 issue will appear in a subsequent issue. cf Classifications have been changed and revised data prepared beginning with January 1934. These data are shown on p. 20 of the May 1936 issue. 33 SURVEY OF CURRENT BUSINESS November 1936 1935 Monthly statistics through December 1931, 1936 together with explanatory footnotes and references to the sources of the data, may be found Septem- SeptemDecem- January FebruOctober Novemin the 1932 Annual Supplement to the Survey ber ber ber ary ber 1936 March April June May July August FINANCE—Continued • FAILURES J—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 doLForest 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_. 5 48 6 18 81 633 5 39 3 23 65 559 6 47 1 28 75 548 5 39 4 25 89 704 1 30 2 21 98 544 7 27 3 23 88 602 4 48 2 18 93 506 1 26 8 21 72 533 2 27 1 20 72 479 9, 819 557 1,148 3,212 148 487 377 45 190 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 16, 271 650 4,484 4, 371 21 707 248 21 90 14,157 567 1, 570 4,959 108 762 169 122 154 15, 375 494 4,816 2,709 90 389 264 94 124 9,177 638 1,050 2, 541 95 509 394 78 162 9,904 1,314 1,873 2,347 51 329 95 14,089 404 1,819 3,360 12 1,164 340 99 227 62 84 586 8, 271 502 1, 49£ 1.852 225 34C 209 ' 35 112 208 403 275 30 175 168 143 404 71 128 403 61 49 125 51 218 140 93 108 128 244 228 128 129 33 205 258 94 466 129 186 102 246 322 1,020 374 147 112 176 94 99 /.- 67 365 5 848 8 617 268 1,171 63 715 109 763 265 1,779 4 828 146 568 808 625 4 406 7 356 373 12 253 27 216 1,511 3,391 132 201 8,539 1,836 68 195 5,904 2,318 353 487 5,371 1,380 10 316 4,777 1,611 72 360 6,245 1,723 12 254 6, 651 1,855 47 407 5,503 1,263 110 848 5,581 1,480 517 211 5,933 1,423 8 313 3, 535 1,413 83 316 3,197 1,173 101 151 3, 255 1, 164 «18, 701 « 4, 445 •818 ° 3, 627 «18, 804 « 4, 431 "817 • 3, 614 «18, 922 « 4, 408 «809 a 3, 600 "19, 008 « 4, 377 »804 ° 3, 572 «19,139 • 4, 349 a 796 a 3, 553 «19, 233 a 4, 313 "786 « 3, 527 «19, 354 0 4, 279 « 773 0 3, 506 «19, 435 « 4, 256 « 765 « 3, 491 «19, 539 • 4, 234 »759 « 3, 475 «19, 640 0 4, 220 "752 « 3, 468 19,775 a 4,198 0 746 0 3,452 •19, 875 0 4,188 0 739 0 3, 449 ° 8 644 • 3^ 367 ° 1, 960 « 2, 629 ° 687 ° 8, 802 • 3, 495 « 1, 978 « 2, 631 ° 698 a 8, 893 « 3, 549 » 2, 026 « 2, 618 « 700 « 9 110 • 3, 781 « 1, 996 o 2 592 «740 « » « « * « « « « « « « « 9, 508 « 4, 076 « 2.043 « 2, 629 "760 « 9, 639 a 4,170 « 2, 049 « 2, 651 °770 0 » * « 9, 794 4, 293 2,060 2, 657 °786 « 9, 908 « 4, 352 0 2,105 0 2, 635 «816 «10,015 «4,419 0 2,130 « 2, 643 «823 a 2} 770 a 2, 761 ° 2, 749 « 2, 741 <* 2, 731 » 2, 720 « 2, 713 a 2, 705 » 2, 699 2,690 « 2, 676 « 2, 667 941 20 716 204 569, 418 22, 501 190,044 356,873 1,228 26 934 267 724,413 31, 338 233, 988 459,087 1,046 25 775 246 696,074 36, 981 207, 408 451, 685 1,033 65 692 276 782, 250 74, 606 187, 874 519, 770 948 30 703 215 678,006 40,981 193,344 443,681 995 24 769 202 661,473 30, 498 212, 055 418, 920 1,149 32 890 227 772,355 56, 213 246, 010 470,132 1,113 30 868 216 739, 807 37, 214 244, 356 458, 237 1,096 47 821 229 749, 374 59,130 230, 465 459, 779 "223,811 «24,446 « 8, 527 °53,941 "136,887 «244, 678 "31,023 » 8, 546 « 49, 790 •155, 319 «249, 538 « 33,194 «8, 515 « 54, 002 °153. 827 »348,175 « 64, 250 « 10, 682 « 94, 212 «179, 031 «283. 709 « 51, 896 «10, 836 • 53,805 °167,172 "250. 063 • 25, 558 « 9, 451 « 56,245 -158,809 426 168 49 56 153 414 168 44 53 149 502 215 51 60 176 495 208 51 60 176 576 233 64 69 210 118 479 203 49 54 173 460 198 47 52 163 525 222 56 62 185 506 210 56 62 178 504 211 54 60 179 533 224 58 62 189 99 513 208 57 63 185 452 175 56 57 164 .336 . 169 .086 1.000 .052 5.04 .065 .401 .380 .079 .294 .667 .137 .260 .797 .329 .169 .083 .993 .051 4.93 .066 .402 .372 .081 .289 .676 .137 .254 .801 .327 .168 .084 .986 .051 4.91 .066 .402 .370 .081 .287 .677 .137 .253 .802 .328 .169 .084 .989 .051 4.92 .066 .402 .371 .081 .287 .678 .136 .254 .802 .329 .169 .084 .990 .051 4.93 .066 .402 .372 .081 .287 .678 .137 .254 .802 .331 .169 .084 .999 .051 4.96 .066 .404 .375 .083 .290 .682 .137 .256 .799 .333 .170 .084 1.001 ,051 5.00 .067 .407 .377 .084 . 291 .687 .138 .258 .803 .331 .170 .085 .998 .051 4.97 .066 .404 . 375 .080 .289 .684 , 137 .256 .800 .330 .169 .086 .995 .051 4.94 .066 .402 .373 .079 .289 .679 .137 .255 .798 .331 .169 .086 .998 .051 4.97 .066 .403 .375 .079 .291 .676 .136 .256 .797 .334 .169 .086 .997 .051 5.02 .066 .403 .379 .079 .294 .677 .137 .259 .797 .335 .169 .085 .999 .051 5.02 .066 .403 .379 .079 .293 .681 .137 .259 .798 .335 . 169 .085 1.000 .052 5.03 .066 .402 .379 .079 .294 .679 .136 . 259 .797 Insurance written:t 952 Policies and certificates. . _ thousands 30 Group thousands 725 Industrial __ __ . thousands 198 Ordinary thousands. _ Value, total.___, _ .thous. of dol.. 630, 831 35, 601 Group thous. of dol Industrial thous. of dol_. 208, 001 Ordinary thous. of dol_. 387, 229 thous. of dol._ thous of dol thous of dol thous. of dol.. thous. of dol._ (Life Insurance Sales Research Bureau) Insurance written, ordinary, total mills, of dol__ Eastern district .mills, of dol.. Far Western district . mills, of dol_. Southern district mills, of dol Western district mills, of dol.. LaDse rates 1Q25—26—100 2 18 3 13 7C 408 1 30 2 17 71 489 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 Premium collections!-Annuities Group __ Industrial Ordinary _ 6 1 20 2 10 69 328 9 191 3' 869 1, 980 2, 600 a 742 9, 211 3, 886 1, 969 2, 598 °758 9, 412 4, 018 2, 022 2, 608 «764 a 1,045 1,003 1,080 37 55 29 805 767 771 238 224 202 767,978 a749, 491 "668, 638 42,095 79, 323 39. 540 233,333 220, 672 221, 692 492, 550 "449, 496 "407, 406 «259, 941 «248, 049 «250, 655 "251, 841 «255, 954 "235,996 «30, 781 « 30, 487 «30,380 a 27, 571 0 32, 673 a 26,182 • 9, 790 «10, 679 « 9, 365 « 9, 700 M0, 047 « 9, 054 «58, 223 « 47, 959 ° 55, 009 «58, 926 « 51, 522 « 58, 685 «161,147 »158, 924 "155, 901 «155, 644 «161, 712 a 142,075 MONETARY STATISTICS Foreign exchange rates :# Argentina* dol per paper peso Belgium _ dol per belga Brazil... dol. per milreis.. Canada _ _ dol. per Canadian dol Chile^ dol per peso England..... dol. per £.. France dol. per franc. Germany do! per reichsmark India _ dol. per rupee Italy dol. per lira Japan__ dol per yen Netherlands.._ dol. per florin.. Spain dol. per peseta Sweden Uruguay „ dol per krona dol. per p e s o . . t See footnote on p. 32 marked "c?." f Revised series. For earlier data on insurance written and premium collections revised for period 1913-1936, see pp. 17, 18, and 19 of this issue. Admitted assets also revised, revisions not shewn above will appear in a subsequent issue. 1 The nominal official gold value of the Chilean peso was changed from 3 pence gold to IH pence gold as of Jan. 2, 1935. # Par values of foreign currencies as given on pp. 86 and 87 of the 1932 annual supplement were changed with the reduction in gold content of the United States dollar. • Quotation based on paper peso since Dec. 10,1933, instead of gold peso as formerly. Former equivalent to 44 percent of latter. See note on p. 56 of the March 1934 issue. AThe figures for "other" bonds and stocks held (book value) for the months of January and February 1934 shown as 611 and 616 million dollars, respectively, in the monthly issues from May 1934 to April 1935 should read 514 for January and 518 for February. 34 Monthly statistics through December 1931, together with explanatory footnotes and references to the sources of the data, may be found in the 1932 Annual Supplement to the Survey SURVEY OF CURRENT BUSINESS | 1936 1935 | j Septem- Septem- October Novem-1 Decem- j ber I ber ber | ber | FINANCE November 1936 1936 J anuary February March April May June July i August Continued M O N E T A R Y STATISTICS—Continued Gold and money: Gold: 9, 246 ! 9, 545 i 9, 777 i 10,072 j 10,158 j 10,163 j 10,172 10, 202 10, 704 10,324 ; 10,514 , 10,029 ; 10,674 Monetary stocks, U. S mills, of dol— I Movement, foreign: 1, 250 - 1 , 7 4 5 I - 9 , 5 0 6 j -1,864 969 -155 573 -3,246 -21,781 L W H -11 U" 1,015 Net release from earmark.thous. of dol— 28, 805 170 42 242 338 | 23,637 I 2, 315 51 86 76 5 i 77 i.«r, i> Exports thous. of dol— 7,002 ! 45,981 | 7, 795 28, 106 169,957 ! 277,851 It. Imports thous. of d o L . 171, 860 156, 805 314,424 | 210,810 190, 180 07. N e t gold imports, including gold re43,898 j - 2 6 , 1 4 1 | 6,449 27,900 166, 706 2'2. 993 leased from earmarkA*thous. of dol— 142, 857 157,734 313,484 211,141 191,260 902, 333 931,724 909, 550 906, 496 924,081 I 894, 624 933,776 912,639 938,050 914, I'M Production, Rand .__fine o u n c e s . . 163,674 181,140 ! 157 Osl Receipts at mint, domestic-fine o u n c e s . . 237,7)30 173,899 191,898 149, 144 193,107 120,712 125, 529 156,435 5,897 5, 779 5,857 ! 5,892 5,651 5, 704 5,770 5,757 5,918 ! Money in circulation, total..mills, of dol_. 6,258 Silver: 769 141 253 1,472 237 i 512 535 260 204 203 Exports thous. of dol__ 197 47,603 58, 483 8,115 : 60, 065 17, 536 4,490 45,689 48, 898 4,989 ; 23, 9 M Imports . . t b o u s . of d o L . 8, 303 .584 .473 | .448 i .654 .449 .654 .448 .654 .449 i 44S Price at New York dol. per fine oz_. .448 22,781 19,501 i 20, 652 19,111 15, 854 21,259 ; 19,497 17,121 19,722 ! »2i n Production, world • thous, of fine oz__ 1,941 1,499 1,244 i 1, 414 1,845 ; 1,031 1,300 1, 185 1,276 I 1.410 Canada thous. of fine o z _ . | . . . ^ 9,600 i 6,862 j 7,159 5, 237 6,840 ! 5, 783 7,444 3,844 Mexico thous. of fine oz__| 6,710 i 7, 117 3,688 4,374 j 5, 056 4,008 5,329 , 5,046 3,548 3,814 United States thous. of flneoz_.| 4,754 : Stocks, refinery, end of m o n t h : j 1.058 ! 1,109 I 1, 873 1,757 ! 1,691 1,834 53S 1,076 1,316 United States thous. of fine oz__| 1, 151 1. 1- 1 730 755 : 1,746 1,605 658 i 691 Canada _ thous. of fine oz._ I 1,418 638 409 570 ! NET CORPORATION PROFITS ! (Quarterly) f j 124.' 199.8 170.9 Industrial corporations, t o t a l . - m i l l s , of doL.j .— • .--. 269.2 i 75.1 73.0 : 35.5 ! : ! Autos, parts and accessories..mills, of d o L J .---: 123.7 !.... . . 41.6 32.0 | 31.6 i i 1 Chemicals mills, of d o l . . 41.4 I 19.6 16.1 18.0 : i Food products and beverages.mills of dol | •— — • 20.1 | Machinery and machine manufactures j 7.4 6.2 |_ mills, of doL.j ... — ; 10.9 : 4.0 1.9 !. 3.7 Metals and mining mills, of doL.I ... ---! 3.0 i 10.1 11.3 L 9.1 Oil___—_ . . . m i l l s , of dol ---: 15.6 i 14.6 2.7 i. 7.3 Steel ~ mills, of dol ----i 25.3 27.4 17.5 I. 21.5 Miscellaneous ..mills, of dol I j 29.2 j Railways, class I (net operating income) 104.6 I 126.3 ; i ! 175.7 I mills, of dol .--I : 133.7 j ... . 53.3 54.2 i Telephones (net op. income)...mills, of dol_.|. . . . . . 47.4 ! i. ; • ---; : 57.3 !....... .. Other public utilities (net income) | 39.3 I _J ! 49.7 j ...j | 50.5 | j j v 47. 6 \ mills, of dol i PUBLIC FINANCE (FEDERAL) j 29,421 | 29,462 i 29,634 j 30,557 | 30,516 | 30,520 j 31,459 | 31,425 ! 31,636 ! 33,779 j 33,444 Debt, gross, end of month mills, of dol. J 33, 833 Expenditures, total (incl. emergency) <? thous. of dol..i 712,560 457,776 870, 626 573, 013 694,383 487, 274 517,044 i 643,098 681, 507 590, 006 12,406,077 ; 657, 703 Receipts, t o t a l ] thous. of dol | 528,129 586, 339 288, 867 284, 636 479, 722 279,556 250,705 I 779,521 258,759 274,415 ! 564,167 j 322,726 30( 33,087 35,342 29, 123 29, 704 32, 226 31, 226 33, 599 33,276 30, 268 I 32,122 I 31, 580 ; 34. 763 Customs thous. of dol__ Internal revenue, total thous. of dol.., 4fi7\ 642 378.870 192, 218 184, 096 275. 487 183, 765 185, 001 691,051 202, 780 182, 110 ; 478,229 1 2S8, 327 251.026 43, 610 404,209 35, 127 36,061 28, 213 | 21,753 j 228,999 34,517 I 303,087 I 40, 118 Income tax..._ .thous. of d o l . . | 284,421 284, 421 230,227 | 28,213 29, 056 Taxes from:* Admissions to theaters, etc. 1,405 I 1,255 j 1,266 i 1,319 thous. of d o l - l 1,670 1,174 1 1,489! 1,867 I 1,755: 1,460 1,532 1. 56 S 1, 384 Capital stock transfers, etc. i 3,911 I 2,992 I 2,357 4,033 thous. of d o l . . 1,932 2,925 I 2,132 j 2, 894 i 3,818 I 2,871 1,565 1. 654 2,340 Sales of produce (future delivery) : | I 202 j 165 174 |1 thous. of dol..i 457 282 ! 275 ! 367 263 j 238 j 'M'Z 165 II 174 230 , 185 i 283 : 511 424 | 336 I1 321 jj Sales of radio sets, e t c . . t h o u s . of dol..! 683 339; 643 j 571 i 730 ; 601 | 424 336 321 221 j 423 I 500 490 Reconstruction Finance Corporation loans i outstanding, end of month:f§ | Grand total thous. of dol—<2,205,561 ,826,467 12,807,892 |2,791,734 |2,728,682 12,741,437 j2,705,734 ^2,649,851 |«2,032,2C3, a2,507,203;2,421,604 ^2,226,026 ,2.215.105 Total section 5 as amended thous. ofdqL.I 748,411 " 1,059,333:«1,029,430 "1,000,7031-965, 523 | "928, 583 "905,253 j «852,120 ^840,269 ; «836. 51.0 ! 818,426 : 759,201 ' 703,294 Bank and trust companies, including ' j I i receivers thous. of d o l . . | 226,451 '425,898 \ 409,377 | 384,346 | 377,551 j 354,801 "335,672 ! "285,504 I =276,109 "267.001 j 258,287 ! 240,523 • 230,800 Building and loan associations | thous. of dol—j 3.378 8,909 1 8,308 7,803 | 7,274 | 6,699 6,028 1 «5, 557 j «5, 19-4 ! a4.919 4,026 3. 814 3. n-,3 Insurance companies—thous. of doL.J 4,429 17,137 j 9,967 9,344 j 6,185 | 6,060 I 5,852 I "5,747 ; «5, 207 ; 5,180 4,972 5, 115 4, 890 Mortgage loan companies ' ! ' ' thous. of dol..s 129,108 "132,122 :«131, 478 j"130,999 ;«127, 874 i"126,652 ("125,346 "124,543 '125,124 >126, 534 j 123,175 | 124,804 .129.032 Railroads, incl. receivers \ I •03,027 i 388,432 j 350,841 , 350,948 thous. of dol._• 349, 2ol 412,903 j 412,805 ' 412,765 > 396,250 j 393,712 • 390,199 389, 239 394,168 All other under section 5 j ' , ' ; 41, 643 40,660 j 42,156 40,572 39,974 39, 391 38.247 thous. of dol—I 35,784 62,365: 57,496; 55,442 | 50,389 37,311 Total Emergency Relief and ConstrucJ '60, 567 *688, 518 628,682 564, 487 570, 670 tion Act as amended-thous. of dol— | 577,607 746,799 | 751,448 j 758,389 j 732,718 j 769,321 I 771,248 "775, 237 |' 7i 1 Self-liquidating projects ! thous. of d o l - 184,418 168,259 | 168,265 173,138 146, 304 j 153, 667 155,321 «159, 670 163,597 172,538 168, 489 174, 249 , 180, 045 Financing of exports of agricultural 14,027 13,584 47 47 surpluses thous. of d o l . . 47 14,300 i 14,300 14,300 14,027 j 14,027 Financing of agricultural commodij j j 305, G01 305, 276 "305.510 «-M0. I "170, 547 ! 163,732 ' 93,7 94, 355 ties and l i v e s t o c k . . - t h o u s . of dol_. 97,147 267,141 | 272,115 j 274, 250 275,760 Amounts made available for relief and work relief thous. of d o l . . i 295,995 297,099 296, 768 | 296, 701 296,727 296,626 296, 625 2%, 136 296,430 j 296,416 j 296,414 j 290,414 j 296,223 I ! i ! Total Bank Conservation Act as ; amended thous. of dol—j 702,151 «904,030 "906,561 1*907,049 | "897,016 *904, 685 887, 636 -877,327 "877, 0.15 SS72, 194 ' 821,704 72°, 910 j 70(1, 395 Other loans and authorizations : thous. of doL. 1 177,395 116,305 ! 120,451 125,592 ! 133,425 138, 848 141,598 145,240 11S,472 150,168 152,792 '. 169,308 \ 174,800 ° Revised. v Preliminary. A. Or exports (—). • D a t a 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. cT Series revised to include emergency expenditures. Figures as shown in SURVEY for months prior to M a y 1932 are comparable with this series. Comparable figures for the period M a y 1932 to March 1933 are on p . 33 of the June 1934 issue. Later data are shown in monthly issues. 1For 1934 includes $2,808,221,138 for February, $2,233,252 for March, $409,052 for April, $298,868 for M a y , $213,447 for June, $272,183 for July, $268,204 for \ u e u s t , $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 M a y , $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 $70,8S9 for December For 1936 include $60,222 for January, $43,400 for February, $58,427 for March, $155,254 for April, $42,102 for M a y , $41,850 for June, $201,071 for July, $37,993 for August, and $34,434 for September, representing- the increment resulting from reduction in weight of thp gold dollar. *For earlier data on net gold imports see p . 20 of the December 1932 issue. For new series for internal revenue t/ix receipts from admissions to theaters, capital stock transfers, and sales of radios, see p. 20 of the F e b . 1936 issue. For new series on sales of produce (future delivery), see p. 19 of the April 1936 issue. §These figures exclude the following amounts, $499,650,000 relief grants to States under the Emergency Relief Act of 1933, $503,000,000 under the provisions of the Emergency Appropriation Act of 1935 approved June 19, 1934, $500,000,000 under the provisions of the Emergency Relief Act of 1935 approved Apr. 8, 1935 and other allocations to Federal agencies. f Revised series. All series of corporation profits revised for period 1928-35. For revise;! data see p. 15 of the August 1936 issue. T h e data of the Reconstruction Finance 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 FRASERCorporation data for February 1932-Mareh 1936, inclusive, are shown on p. 20 of the September 1930 issue. Digitized for November 1936 35 SURVEY OF CURRENT BUSINESS 1936 1935 Monthly statistics through December 1931, together with explanatory footnotes and references to the sources of the data, may be found Septem- SeptemDecem- January in the 1932 Annual Supplement to the Survey October November ber ber ber 1936 February March April May June July August FINANCE—Continued CAPITAL FLOTATIONS New Security Registrations Fully Effective* (Securities and Exchange Commission) Estimated gross proceeds: Total thous. of dol— 260, 080 319,874 406,087 289,772 212,085 275, 696 212,089 583,391 751,013 319,319 523,439 362,925 286, 022 62,151 25,425 55,309 41, 286 84, 056 92, 750 27, 278 27,113 81,519 168, 638 88,913 120,487 Common stock tbous. of dol— 76,140 16,714 31,047 35, 728 7,080 3,125 31, 464 15,131 20,873 28,793 77,317 53,973 31, 506 Preferred stock -thous. of dol— 29, 271 Certificates of participation, etc. 6,235 83,700 1,505 4,777 11,027 13,708 7,442 35,373 13,713 1,300 32, 898 4, 660 thous. of dol— 17, 212 Debentures and short term notes 77,749 83,558 59, 843 107, 250 31,786 55, 219 19,350 41,125 130,921 113,593 106,069 165, 636 thous. of dol— 127,918 9,539 157,026 182,357 194,093 45, 634 89,930 214,916 98,679 334, 716 379,436 79,118 159, 700 170, 987 Secured bonds. thous. of dol. Securities Issued (Commercial and Financial Chronicle)] Total, all issues thous. of dol— 408,959 437,425 368,121 382, 221 462,422 410,824 301,978 767,351 1,020,032 413,359 731,166 338, 383 295, 555 408 959 437,425 368,121 ooo 221 422,422 354,824 301,978 743,851 988 532 413, 359 731,166 338,383 295, 555 Domestic, total thous. of dol 0 0 0 0 0 0 0 Foreign, total.. thous. of dol— 0 40,000 56,000 23, 500 31,500 0 Corporate, totalthous. of dol— 250, 050 275,854 252, 395 250, 503 167,355 273,907 194, 613 594, 853 687,751 304,993 527, 630 294,393 232,438 94,707 65,499 16,001 32, 750 54,504 150,589 37,501 101,833 236,693 133, 822 199,653 49, 050 Industrial thous. of dol— 88,142 4,500 0 4,000 0 2,000 0 0 0 0 4,800 0 7,125 0 Investment trusts thous* of dol— 0 475 482 973 5,250 0 1,903 1,000 600 250 250 148 0 Land, buildings, etc thous. of dol— 0 475 482 0 0 0 0 0 0 600 250 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 Officeand commercial-thous. of dol— 83,343 43, 473 28, 550 135,450 260, 779 315,587 116,09(5 185, 336 149,804 Public utilities thous. of dol- 121, 050 164,172 180,644 217,153 0 0 21,090 94,519 0 223, 391 122,197 48,727 106, 797 49, 690 51, 500 Railroads..thous. of dol— 24, 475 16, 500 0 1,770 16, 413 8,850 1,400 33,943 37, 724 120,492 0 6,168 13,273 0 Miscellaneous thous. of dol— 11,983 Farm loan and Gov't agencies • 0 12,700 38,962 17, 254 121, 500 10,200 20,000 198, 718 9,671 94, 429 2,080 7,800 200 thous. of dol— 76,764 114,464 133, 567 88, 717 97,165 128,999 102,063 98, 694 109,107 41,910 15, 317 Municipal, States, etc thous. of dol— 158, 909 148,871 Purpose of issue: 178,989 172, 745 148,462 119, 794 221, 207 123, 253 106, 739 129, 527 176,672 111,571 217,270 102, 769 216, 510 New capital, total thous. of dol— 178,989 172,745 148,462 119, 794 221, 207 115, 253 106, 739 129, 527 176,672 111,571 217, 270 102, 769 216, 510 Domestic, total thous. of dol— 73,003 33, 289 66,738 72,935 13,473 58,816 127,879 37, 608 151,874 69, S09 170, 799 Corporate thous. of dol— 74, 590 45,087 Farm loan and Gov't agencies 0 0 15,000 0 40, 290 4,000 11,000 0 5,900 1,000 0 0 0 thous. of doL_ Municipal, States, U. S. possessions, 60,459 86, 505 114,179 50,318 89,266 59,711 48, 793 68,063 64,396 32, 959 45, 712 etc thous. of dol— 104, 399 127,658 0 0 0 0 0 8,000 0 0 0 0 0 0 0 Foreign _ thous. of dol— Refunding, total thous. of dol.. 229, 970 264, 679 219,659 262, 426 241,216 287, 571 195, 239 637,824 843,360 301,788 513, 896 235, 614 79,044 Corporate thous. of dol— 175, 460 230, 767 179,392 217, 215 100, 617 200, 973 181,141 536, 037 559,872 267,385 375, 756 224, 583 61, 639 Type of security, all issues: Bonds and notes, total thous. of dol— 363, 534 433, 598 349, 500 378,471 427,960 406,635 280,815 743,659 955,533 373, 491 651, 980 305,184 264, 290 Corporate thous. of doL. 204, 625 272,027 233,774 246,753 132,893 273,907 173, 450 594,853 623, 252 265,125 448,444 261,194 201,173 3,827 18, 621 3,750 34, 462 4,189 21,163 23, 692 64,498 39,868 79,186 33,199 31, 265 Stocks thous. of dol— 45, 425 Bond Buyer State and municipals: 67,548 70,228 137,145 126,454 94, 561 120,085 111,974 43, 068 96, 396 118,102 93,726 Permanent Gong term) thous. of dol— 156, 922 115,116 16,061 30, 298 118, 586 22,800 37, 219 10, 700 91,889 22, 746 18, 201 81, 713 124,087 74,814 Temporary (short term) thous. of dol_. 51,473 COMMODITY MARKETS Volume of trading in futures:* 662.183 901, 531 1,074,776 626,949 569, 673 448,466 321,637 466,193 800,684 591,079 768, 278 1,328,691 1,032,278 Wheat thous of bu 213, 787 136,306 197,332 119,961 100,377 45,297 52,161 92,053 80,460 148,124 415, 816 395, 058 53, 744 Corn thous ofbu SECURITY MARKETS B o n d s Prices: 95.79 95. 39 91.85 94.44 94.24 94.78 93.90 93.83 91.08 94.47 89.93 90.23 93.59 All listed bonds (N. Y. S. E.) dollars99. 27 92.84 93.69 94.47 96.16 97.22 «7.26 97.38 97.63 98.19 98.81 92.65 96.69 Domestic issues __ dollars.. 79.03 80.32 79.76 67.47 67.87 68.39 68.68 79.21 76.73 77.62 78.45 68.00 80.87 Foreign issues dollars.. -LJomestic (Uow-Jones) (4U; 96.41 86.50 81.82 79.51 83.52 99.38 96.50 97.35 92.72 94.88 96.11 94.97 percent of par 4% bond— 101.19 Industrials (10) 97.56 103. 57 104. 06 101.76 101. 09 102. 09 103. 68 89.77 92.38 101.39 88.87 102.88 percent of par 4% bond.. 105. 18 •PnVvlirt ITHII-HQO (A (W .rUDllC Utilities \W) 92.83 99.13 100. 88 97.51 98.14 98.69 98.14 101. 55 92.96 98.86 92.08 92.61 97.94 XVaiis, mgn gradepercent \iu) of par 4% bond— 128. 37 113.83 116.92 126.90 126. 98 114.32 123.69 126.34 126. 58 112. 55 127.15 126. 22 120. 77 percent of par 4% bond— Rails, second grade (10) 80.74 51.31 56.93 59.99 66.96 73.18 74.32 70.43 72.31 74.45 77.78 55.58 70.70 percent of par 4% bond— 104.3 97.6 98.9 100.0 102.7 104.3 104.4 102.7 102.6 102.4 103.0 98.9 103.7 Domestic* (Stand. Stat.) (45) dollars.. 111. 1 107.8 108.3 108.4 108.8 109.3 110.0 110.3 110.4 110.3 110.8 107.9 110.2 U. S. Government (Stand. Stat.)*.dollars.. 63.43 63.54 62.16 63.76 63.55 62.97 59.93 64.47 61.79 63.93 62.71 Foreign (N. Y. Trust) (40) ..percent of par._ 0) 0) Sales on registered exchanges (Securities and Exchange Commission):* Total on all exchanges:* Market value -thous. of dol._ 287, 863 271,503 302,178 296,212 314,083 443,264 395, 266 336, 206 251,878 208,596 283, 772 292, 443 221, 368 Par value __.thous. of dol— 378, 520 333,012 387,152 405,138 448, 712 622,546 511,121 410,410 301,433 249, 620 332,383 350, 594 275, 306 On New York Stock Exchange:? Market value thous. of dol— 240, 020 217, 726 229, 642 217,954 239,442 338,695 305, 052 261, 553 197, 277 163,983 231, 088 238, 071 179, 534 Par value*. thous. of dol_. 322, 466 262,489 291,123 304,219 352,057 492, 214 402,610 323, 695 236, 792 197, 217 271, 044 287, 510 225,927 Sales on the New York Exchange excl of stopped salest (Dow-Jones): Par value: Total thous. of dol— 1,087,961 249,795 275,727 301,977 314, 429 476,137 175,145 2,275,275 774, 052 231, 827 2,586,314 291, 650 224,923 Liberty and Treasury bonds 19,252 20,464 10,000 1,809,000 180,000 0 2,135,000 0 0 33,118 51,997 thous. of dol— 914, 000 64,422 1 Discontinued by the reporting source. • Has included since July 1934 other than farm loan issues for which Treasury has acted as fiscal agent. * 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 1921-December 1935 are shown on p. 20 of the March 1936 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. Data on new series of prices of domestic bonds (45) and U. S. Government bond prices other than those shown in the August 1936 issue will appear in a subsequent issue. X The difference in the figures covering bond sales on the New York Stock Exchange (par value) is due to stopped sales being included in the figures of the Securities and Exchange Commission (total) beginning April 1935. J Data for the year 1935 revised by reporting source. See p. 35 of the April 1936 issue. 36 SURVEY OF CURRENT BUSINESS November 1936 1936 1935 Monthly statistics through December 1931, 1936 together with explanatory footnotes and refer- Septem- SeptemDecemences to the sources of the data, may be found October November ber ber ber in the 1932 Annual Supplement to the Survey January February- March April May June July August FINANCE—Continued SECURITY MARKETS—Continued Bonds—Continued Value, issues listed on N. Y. S. E.: Par, all issues mills, of dol— Domestic issues .mills, of doL. Foreign issues mills, of dol— Market value, all issues mills, of dol— Domestic issues mills, of dol.. Foreign issues Hiills. of dol— Viol ric x lejas: Domestic (Standard Statistics) (60) t percent— Industrials (15). . . i^ercent.. Municipals (15)f_ percent.. Public utilities (15) - percent-. Railroads (15). percentDomestic, municipals (Bond Buyer) (20) percent— Domestic, U. S. Government: U. S. Treasury bonds* percentCash Dividend a n d Interest P a y m e n t s 45,211 40,178 5,033 43, 305 39, 883 3,422 42, 671 35, 391 7,280 38, 375 32, 789 5,586 42, 303 35,054 7,249 38,171 32, 543 5,627 42, 232 34, 987 7,245 38, 465 32, 781 5,684 42,893 35, 619 7, 274 39, 399 33, 650 5,749 43,113 35,851 7,263 40, 348 34, 475 5,873 43,015 35,934 7,082 40, 625 34,936 5,688 44,255 37,196 7, 059 41,807 36,177 5,630 44, 223 37,150 7,073 41, 525 35, 922 5,603 42, 255 37, 242 5,013 39,648 36, 266 3,382 44,164 39,128 5,036 41. 619 38, 201 3,418 43,981 38, 947 5, 034 41, 685 38, 242 3,443 44, 279 39, 241 5,038 42,236 38, 776 3,460 3.84 4.40 2.62 4.00 4.33 4.20 4.54 3.08 4.26 4.90 4.28 4.51 3.16 4.31 5.12 4.18 4.42 3.02 4.15 5.12 4.11 4.44 2.97 4.17 4.87 3.99 4.29 2.93 4.09 4.63 3.90 4.27 2.86 4.04 4.43 3.87 4.32 2.78 4.01 4.37 3.90 4.38 2.76 4.00 4.45 3.94 4.45 2.76 4.04 4.52 3.94 4.44 2.72 4.03 4.56 3.94 4.45 2.70 4.02 4.58 3.91 4.42 2.68 4.02 4.52 2.86 3.51 3.34 3.23 3.25 3.11 3.04 3.03 3.12 3.00 2.99 2.95 2.91 2.41 2.78 2.77 2.73 2.73 2.68 2.62 2.54 2.51 2.50 2.50 2.50 2.43 185, 306 157, 809 398,021 301, 403 228,328 273, 649 200,042 162,174 409,552 263, 830 236,196 331, 918 181,997 3,308 151,055 6,754 369, 279 28, 742 280, 609 20, 794 184, 035 44, 035 259,487 14,162 192,324 7,718 155, 519 6,655 375,035 34, 517 237, 655 26,175 215, 003 21,193 317, 088 14,830 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 1,345.5 923.92 1,355.8 923.92 1, 385. 2 923.92 1, 397. 4 923. 92 1, 457. 2 923.94 1,517.4 923.94 Dividend payments (N. Y. Times) thous. of dol— 231, 730 Industrial and miscellaneous thous. of dol.. 226, 642 5,088 Railroad thous. of dol— Dividend payments and rates (Moody*s): Dividend payments, annual payments at current rate (600 companies) mills, of dol— 1, 539. 6 Number of shares, adjusted millions.. 923.99 Dividend rate per share, weighted average 1.67 (600) ..dollars3.04 Banks (21) dollars _ 1. 58 Industrial (492) __dollars.. 2.13 Insurance (21) dollars 1.99 Public utilities (30) . . . .dollars.. 1.21 Railroads (36).. — dollars.. Stocks Prices: Dow-Jones: 167.8 Industrials (30) dol. per share.. 34.5 Public utilities (20) dol. per share55.8 Railroads (20) . dol. per share . New York Times (50) dol. per share.. 133. 48 Industrials (25) . dol. per share . 222. 54 44.42 Railroads (25) dol. per share 114.1 Standard Statistics (419)t~—~ 1926=100.. 130.2 Industrials (347) t . . .4926=100 . 107. 7 Public utilities (40)t 1926=100.. 55.4 Railroads (32) t 1926=100 75.1 Banks N Y (19) f 1926=100 94.1 Fire insurance (18)f . . .1926=100. Sales: Market value of shares sold: All registered exchanges, total* thous. of doL . 1,882,203 On New York Stock Exchange* tbous of d o l Volume of shares sold: ~ 1,387,139 On all registered exchanges, total* thous. of shares.- 59, 627 On New York stock exchange: * Total (See. and Exch. Com.) t thous. of shares. . 44, 535 Total excl. of odd lot and stopped sales (New York Times)..thous. of shares.. 30,872 Values, and shares listed, N. Y. S. E.: Market value all listed shares.miils. of dol— 55.105 1,348 Number of shares listed millions.. Yields: Preferred, Standard Statistics: Industrials, high grade (20) percent— 5.03 Stockholders (Common Stock) American Tel. & Tel. Co., total number.. 645,457 7,540 Foreign number Pennsylvania Railroad Co., total..number.. 221, 327 3. 076 Foreign — number 17 S Steel Corporation, total number 173, 633 3,866 Foreign . ... number . Shares held by brokers...percent of total— 23.51 1.34 2.99 1.17 2.23 1.83 1.21 1.35 2.99 1.19 2,23 1.83 1.21 131.5 25.7 36.0 105. 78 183. 20 28. 37 85.0 97.5 81.9 37.0 56.6 93.0 130.4 26.0 33.8 108.16 189. 58 26.74 85.2 98.5 81.0 34.3 55.8 92.8 1.40 2.97 1.26 2.23 1.83 1.24 144.3 28.9 37.0 113.80 197. 63 29.97 93.3 107.4 90. 1 37.6 63.5 96.0 1.41 2.68 1.26 2.37 1.86 1.21 1.42 2.98 1.28 2.39 1.86 1.21 1.45 2.98 1.32 2.39 1.86 1.21 1.46 2.98 1.33 2.39 1.86 1.21 1.47 2.98 1.34 2.39 1.86 1.21 1.50 2.98 1.38 2.39 1.86 1.21 1.51 3.00 1.41 2.03 1.86 1.21 1.58 3.00 1.48 2.09 1.95 1.21 1.64 3.00 1.56 2.09 1.96 1.21 141.8 28.8 40.3 111.27 190.86 31.69 95.3 109.2 91.6 41.4 69.1 101.7 145.9 30.9 43.3 116. 06 197. 67 34.46 100.1 114.5 97.0 43.8 70.5 107.5 151.8 32.5 48.5 120.00 201.17 38.84 106.1 120.9 102.8 49.1 65.8 106.8 155.9 30.9 48.0 120. 95 203.97 37.94 108.7 124.6 102.8 49.2 66.4 102.1 155.8 31.7 47.2 121. 63 206.14 37.10 108.9 125.3 101.5 48.9 64.1 96.8 149.3 30.0 44.5 119.46 203.36 35.57 101.0 116.2 94.7 45.0 62.6 94.2 155.2 32.3 47.0 124. 28 211. 69 36.88 105. 6 120. 6 102.0 47.7 65.0 95.2 162.3 34.6 51.5 130. 74 221.15 40.33 109.2 124.3 105.8 50.7 72.1 96.1 165.9 34.7 54.0 131. 55 220. 56 42. 55 113.0 128.4 108.8 53.9 76.5 96.5 1,407,019 1,912,161 2,250,677 1,979,149 2,439,219 2,503.129 2,429,960 1,936,193 1,223,444 1,164,147 2,057,845 1,657,152 1,241,475 1,659,690 1,952,075 1,738,247 2,069,564 2,140,084 2,092,308 1,679,839 1,077,672 1,002,190 1,526,176 1,248,924 59,433 81,106 99,864 82, 870 119, 592 120, 963 101,923 77,916 47,110 43, 937 64, 728 50, 937 46, 531 62, 555 77,474 63,344 87, 502 85,305 75,532 56, 935 35,943 31, 897 48, 272 37,109 34, 748 46, 663 57,463 45, 590 67, 211 60, 871 51,025 39,616 20, 615 21,428 34, 787 26, 564 40,479 1,307 43, 002 1,307 44,951 1,309 46, 946 1,318 50,165 1,321 50,202 1,323 51, 668 1,330 47, 774 1,337 49,998 1,339 50,912 1,340 54, 067 1,341 54, 532 1, 344 5.19 5.19 5.12 5.11 5.10 5.05 5.02 5.04 5.06 5.04 5.03 5.02 47 47 664,095 7,816 230, 086 3,126 137,533 3,979 20.40 657,651 7,825 227, 251 3, 111 184, 680 3, 925 21.56 653,435 7,859 225,120 3,101 181,493 3,870 21.75 649,876 7 804 223,844 3,087 °177, 758 3 941 22.72 FOREIGN TRADE Value: INDEXES Exports, unadjusted 1923-25=100Exports, adjusted for seasonal variation 1923-25 = 100.. Imports, unadjusted 1923-25=100.. Imports, adjusted for seasonal variation Quantity exports: 1923-25=100.. Total, agricultural products: Unadjusted 1910-14=100 Adjusted* ..1910-14=100 Total, excluding cotton: Unadjusted 1910-14=100 Adjusted* 1910-14=100 | 52 58 71 59 52 48 51 53 49 51 60 53 58 52 58 57 60 55 58 128 98 58 62 65 62 33 40 34 39 39 * Revised. • New series. For earlier data see p. 20 of the August 1934 issue, yield on United States domestic long-term bonds (all issues except those due or callable within 8 years) for years 1926-34; 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. Data covering the Standard Statistics indexes of stock prices have been revised. The revision, however, did not change the indexes materially. Revised data not shown above will appear in the 1936 Supplement. 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 the figures reported by the New York Times. 37 SURVEY OF CURRENT BUSINESS November 1936 1935 Monthly statistics through December 1931, 1936 ogether with explanatory footnotes and references to the sources of the data, may be found Septem- SeptemDecemOctober Novemin the 1932 Annual Supplement to the Survey. ber ber ber ber 1936 January February- March April May June July 194, 792 192, 629 200, 666 184 908 179 828 178, 314 9ft2 10 562 35 725 11 975 64 462 6,448 7 041 2 873 27 381 32 016 31 296 17 819 6 830 19, 243 5 957 3 560 1 540 8,828 33, 570 10, 764 69, 978 8,484 5,840 2, 285 33, 223 32, 251 31, 516 18, 528 6, 348 15,159 4,124 3, 557 1, 071 ISO 601 W:A ! U . 4 S , , , u , ' i 39 310 i n <» , 9.7 14, 509 4, 102 10, 107 4.1 3.:; 4.0 1. '2 i.4 1.3 33, 34, 107 3 00. 10 J. 215 92, 674 >;v j 22 5 ] 9.1 2\0 5. i I "o. 6 "•A 27 9 29 6 >i> 0 192 *770 1!)1. 110 190. Xs7 191 ," 2SJ IS ib8, i: i 193, 622 176, 397 30 379 10.8 15 036 3 774 11, 262 5.0 4.1 1.3 33, 282 97, 701 6.9 5.0 29.3 194, 114 196, 516 175, 556 38,127 12.4 19, 675 5,725 13, 950 8.7 3.1 1.7 32, 287 85, 467 12.4 5.0 25.2 192, 375 200, 090 2 845 66' 901 12, 306 56, 637 4, 829 7,439 3, 274 14, 317 31, 114 30, 708 19, 299 3, 759 19, 721 3, 490 6, 739 1, 735 3, 519 62, 930 17, 384 59, 749 5,778 6, 332 3,045 15, 877 37, 600 37, 083 12, 929 3, 237 23, 361 4,488 7, 785 1,901 56, 24, 34, 42, 38, 022 529 726 660 579 61,663 28, 627 27, 630 40, 814 41, 356 8.092 720, 396 53, 553 8.075 704, 446 52, 612 August FOREIGN TRADE—Continued VALUE § Exports, incl. reexports thous. of doL. By grand divisions and countries: Africa thous. of dol— Asia and Oceania thous. of dol— Japan . thous. of doL. Europe thous. of doL. France.. — -thous. of doL. Germany thous. of dol.. Italy __ thous. of doL. United Kingdom thous. of dol. North America, northern...thous. of dol— Canada thous. of dol.. North America, southern—thous. of dol.. Mexico thous. of dol— South America _—thous. of dol... Argentina thous. of dol... Brazil thous, of dol— Chile thous. of doLBy economic classes: Exports, domestic thous. of dol . Crude materials thous. of doLRaw cotton mills, of doL. Foodstuffs, total thous. of dol — Foodstuffs, crude thous. of dol.. Foodstuffs, mfgd thous. of doL. Fruits and prep mills, of dol.. Meats and fats -.mills, of dol— Wheat and flour mills, of dol— Manufactures, semithous. of dol-. Manufactures, finished..thous. of dol — Autos and parts mills, of dol — Gasoline mills, of dol— Machinery mills, of dol.. Imports, total #c? thous. of dol Imports for consumption*...thous. of dol— By grand divisions and countries: #S 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—i United Kingdom, ..thous. of dol—! North America, northern-..thous. of dol—j Canada thous. of dol.. I North America, southern, thous. of dol. Mexico .. thous. of dol South America..,. _.thous. of dol. Argentina thous. of dol_ Brazil thous. of dol. Chile . thous. of dol By economic classes: #<? Crude materials , thous. of dol Foodstuffs, crude. .thous. of dol. Foodstuffs, manufactured-thous. of dol. Manufactures, semithous. of dol Manufactures, finished thous. of dol 220, 149 217, 535 72, 819 38. 2 23, 349 5, 697 17, 652 10. 4 3.0 2.4 31, 860 89, 508 12.5 5.5 215^,45 218, 370 69, 437 31, 063 33, 149 40,817 43. 904 198,189 i 221,238 269,310 223, 514 197, 958 6,279 37,400 16, 996 96,926 7,316 8,891 4, 796 53,513 28, 063 27, 418 15, 700 4,916 13, 821 4,143 3,196 1, 283 8,878 34,143 16,402 115,315 10, 746 9,885 6, 529 59, 098 31, 084 30, 349 18, 090 5,817 13, 728 3, 436 3,414 1,089 9,427 9, 093 51, 058 50, 946 26,945 26, 885 144,510 110, 183 18,817 15,701 14, 363 12, 327 9, 125 7, 944 62, 481 41,823 28, 170 22, 157 27, 473 2i, 7 M ; 18, 628 17, 7?9 5, 353 6, n-25 17,517 13. 406 4,948 3. iW 4, 537 3,2/6 1,698 1,216 195, 537 68, 677 31.8 22, 399 7.074 15, 325 11. 8 2.6 1.3 29, 309 75,152 13.3 6 1 20.5 161,653 168S 689 218,138 82, 604 45. 9 23, 695 7,974 15, 721 12. 5 2.8 1.5 30, 291 81, 548 14.1 5.1 23.5 189, 240 189, 688 266, 730 220, 977 S2, 6%, 112,678 ?•} 8 75 1 10. 097 26, 780 5,925 5, \\\U ii,.v?.s 20 855 13.8 0 4 4.2 3 ?> 1.4 34,319 92, 953 21, 9 19 7 6.7 | 75 22 5 109,^86 ' 162, 808 2, 424 52, 380 13, 888 52,9.15 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, 505 7, 702 4, 723 15, 820 29,741 28, 573 10,183 3,227 24, 813 5, 251 9, 934 1, 344 3, 235 46, 230 14, 106 55, 009 5, 433 6, 738 4. 528 14,214 27, 258 26, 576 8,988 3, 048 22, 089 4, 498 8, 530 2,424 2, 7i9 i."., *M) lit, 'ST5 27, 3'?0 i 24 'J72 11. l.W I 2o. 2 >\! 4.220 I 3. S.Ki 25, IL'l 23. 704 5,15 i t, 802 9. <!H I 9. 15S 1,909 1, 421 49,844 23.653 20, 742 38, 422 36, 027 55, 398 29, 492 22, 256 38, 587 43, 955 46,045 24, 942 18. 909 36, 305 36, 606 55. 737 27,116 17,712 42. 768 36, 253 3.714 il'f'.:i3 56. 5, 8, 3. 113, 010 IKS 152 553 577 7,700 40, 290 18,753 91, 669 11,666 7,136 | 5, 420 I 37,j<63 I 181,838 9,326 38, 902 14, 680 78. 097 7. 301 7,210 5, 697 S'J. 301 30, 150 37, 500 26. \M) 16, «iy;$ 5, t; *2 11,217 3, 784 3,910 1,193 195. OSS 59, 770 35. 7 11,511 6 •> L3 )(' M l 22. 1 5. 1 25. 187,440 lbO.35i 4, 212 O'K 977 &£, 'it'" 30, ''93 18. 53 ' 18, 306 4, 507 4,475 1, 076 i, 59') . . 435 : •SI? I A 4. 2S0 ,4:*'. | 9L'«> | ^1 ! 442 11, 003 | 55, 193 4, 578 53 7 2 / 4.350; 6, o^o 5,711 | 3, 517 3,286 | 14, 676 14,513 , 30. 881 29, 127 ! 30,347 2K.7J4 I 23, 314 3. K>9 3, 771 22, «00 20. 591 V\ 671 3, .827 3, 404 5. P03 6, 550 2, 867 1, 611 076 690 035 577 109 55, 21, 34, 38, 39, .M47 I . 730 i 3, 787 | j. 915 I 23. 5, ! 7 748 ! 3, 749 221 338 127 847 2, 907 no, 706 1 58,412 58, 613 26.543 j 28, 745 28,733 I 31,547 39,699 40, 060 32.964 j 30, 625 628 766 627 -100 893 Ml 299 066 35 '198 31 875 16 7.S9 5 soo L') 328 4 W2 3 757 196,013 42, <»•:: 22.9 | 15,9'25 4 '21 11 301 > :95 ' I, 4 S3 8 38 13 69 8 6 f4 62, 28; 37 37, 34. i °-". or; Tn 071 759 080 456 056 54, 612 22, 893 36, 065 43, 056 36, 996 • TRANSPORTATION AND COMMUNICATIONS TRANSPORTATION Express Operations Operating revenue „ thous. of doL_ Operating income thous. of dol— 8,053 142 8,029 137 7 936 '140 8,586 141 7,745 143 7,708 127 8, 245 126 8,396 123 8,579 110 8,435 123 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 8.101 780,142 56,443 8.100 814, 298 58, 752 8.092 790, 696 57, 627 8.092 788, 307 57,426 8.092 758, 943 55, 553 Electric Street Railways Fares, average (268 cities) Passengers carried! Operating revenuesf—— 8,075 cents._ 801, 368 thousands.. thous. of dol— Steam Railways 82 73 67 62 63 65 Freight carloading (F. R. B.): 71 75 76 80 76 74 88 106 79 64 65 Index, unadjusted 1923-25=100.. 65 68 83 56 61 62 80 89 73 58 70 Coal 1923-25=10073 71 50 44 43 39 38 37 37 42 46 Coke 1923-25=10047 50 71 90 78 69 67 66 61 66 69 77 Forest products 1923-25=100— 117 88 57 54 63 50 39 31 39 38 37 35 Grain and products 1923-25= 100.. 41 46 70 67 67 66 60 60 62 65 66 66 Livestock 1923-25=10066 67 150 90 79 32 15 15 14 27 107 130 Merchandise, 1. c. 1 1923-25=100139 141 82 95 77 76 63 63 67 79 83 83 Ore .1923-25=10084 85 72 62 64 66 70 70 71 69 70 70 Miscellaneous 1923-25= 100.. 73 70 74 61 67 67 78 97 74 77 73 70 Index, adjusted 1923-25=100 74 71 85 57 60 61 73 79 68 61 70 75 Coal ..1923-25=10083 79 47 42 42 40 42 36 45 40 44 46 Coke 1923-25=100... 48 47 58 74 70 65 70 68 62 86 84 89 Forest products 1923-25=100 98 73 48 45 47 44 38 33 39 41 39 41 Grain and products _-1923-25 =10049 52 67 65 64 64 64 62 66 63 64 66 Livestock 1923-25=100-. 67 67 93 55 56 62 62 46 58 53 71 72 Merchandise, 1. c. 1 1923-25=100-82 80 65 70 79 74 86 77 77 80 79 i Ore 1923-25=100.. 77 Miscellaneous 1923-25=100... S Data revised for 1933. See p. 20 of the October 1934 issue; for 1934 revisions, see p. 20 of the December 1935 issue. # Beginning with January 1934, import data represent imports for consumption (goods entering consumption channels immediately upon arrival, plus withdrawals for consumption from bonded warehouses) and are not comparable with earlier figures, which consist of general imports (goods entered for storage in bonded warehouses nlus goods entering consumption channels upon arrival in the U.S.). t Revised series. Data for January 1929-May 1935, inclusive, on electric railway passengers carried and operating revenues for January 1932-April 1935 inclusive are shown on p. 19 of the August 1935 issue. Data on electric railway passengers carried through December 1935 are based on estimates for 210 companies, and for 1936 on estimates for 214 companies. * New series. Data prior to April 1933 on value of imports for consumption will be shown in a subsequent issue. § Data revised for 1932. See p. 34 of the March 1933 issue. Other revisions for the year 1932 were shown on p. 34 of the April, May, December 1933, and January 1934 issues. For revised data for months of 1933, see p. 20 of the September 1934 issue, and for 1934 revisions, see p. 19 of the December 1935 issue. 38 SUEVEY OF CUKKENT 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 November 1936 1935 1936 Septem- Septem- October Novem- December ber ber ber January February March April May June July August TRANSPORTATION AND COMMUNICATIONS—Continued TRANSPORTATION—Continued Steam Railways—Continued Freight carloading (A. A. R.): Total cars^J thousands.. 3, 061 Coal _ thousands.. 531 Coke thousands.. 39 Forest products._. thousands.. 139 Grain and products... thousands.. 127 Livestock thousands.. 73 Merchandise, 1. c. 1 ..thousands.. C63 226 Ore thousands.. 1, 264 Miscellaneous thousands.. Freight-car surplus, total thousands.. 12") Box . . . thousands.. 49 23 Coal thousands.. Financial operations (Class I Railways): Operating revenues! thous. of doL. 157, 207 Fraghft thous. of doL. Passengert ...thous. of do!.. Operating expenses! thous. of dol_. 218.553 Net railway operating incomef thous. of doL. 70, 1GG Operating results (Class I Railways): Freight carried 1 mile.....mills, of tons.. Receipts per ton-mile cents.. Passengers carried 1 mile .millions.. Waterway Traffic Canals: Cape Cod thous. of short tons.. New York State thous. of short tons.. Panama, 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 trafflcrf Clearances, vessels in foreign trade thous of net tons.. Foreign thous. of net tons.. United States ....thous. of net tons.. Shipbuilding. (See Trans. Equip.) Travel Airplane travel: Express carried* pounds.. Miles flown* thous. of miles.. Passengers carried* number. Passenger-miles flown* thous. of miles.. Hotel business: Average sale per occupied room • dollars.. Rooms occupied percent of total.. Foreign travel: Arrivals, U. S. citizens. _ number Departures, U. S. citizens number.. Emigrants.._ _ number.. Immigrants.. ..number. Passports issued. .number., National parks: Visitors... ...number. Automobiles number. Pullman Co.: Passengers carried .thousands. Revenues, total thous. of dol_ 258 2, 526 1,0.51 1, 130 11, Oil ' 2, 628 °445 °25 124 133 59 2,832 544 30 126 148 87 667 130 1,150 208 125 48 306, 9-10 249.920 30, 820 21b, 071 j 341.018 i 284,614 ! 28. 608 | 232,516 , 009 301,331 296.225 i I 2^0 24«, 146 ! 234 053 ! 2}!, 1*50 27,848 ! 34.374 \ 34, 102 218,583 225 826 I 2c 1,779 57,3-19 ! 75,425 54,234 | 46,040 I 3" 7*»5 162 o 635 * 140 » 1, 028 27, 715 .983 1, 660 3,179 625 36 137 157 84 788 67 1, 284 252 143 65 5,319 522 33 104 109 51 586 21 892 371 1 31,200 | 27,468 | 26,175 .999 | .988 I .987 1,475 i 1,436 1,787 270 800 229 983 ! 992 ! 454 202 574 1, 904 907 9S3 7,148 1, 956 1,180 2,353 587 37 104 121 52 566 23 8P4 231 138 47 3.135 900 54 134 .151 53 730 28 1, 078 171 104 !, 419 423 27 122 136 48 022 24 ,017 205 104 j | | i 01. 224 j 225 I 150 j 238 0 2,188 852 44 440 2, 029 187 226 j 267 191 98 1, 604 1,270 j ' W ) , 1.ri> . 245, 1 i ' 11.'^P ' 2{->,W 33, :<)" , 'I'.,.-, ! 1!, 5 1 27, 8'5? ' 29. 15 { | 27, o n 2 9f ) ! .931 ' 'M ; l,'». J 208 655 2, 050 843 865 4.087 2.955 1,313 | I 2, 545 352 445 557 28 41 121 162 123 155 50 61 647 785 35 | 1 187 1, Oi'6 j 1,3 394 179 i 1185 105 42 41 0i 2, 140 i 775 I 0 I 2.04JJJ 2^ I T 2, 787 426 33 139 140 47 649 202 1, 151 170 90 41 2,826 434 35 131 212 52 628 209 1,125 147 320 3)0 f'2 °i° 7 U r.o •)•*-> .NO 2A 2.J,< ol.usl 3,701 605 43 181 217 77 828 274 1, 476 146 81 30 12 11,812 50 313 61.771 _"<;>! ! 2S7'H0 32,076 l i )_. 2,JA «7") ! I 023 1.C78 ! 1,911 258 200 0 2, 034 981 0 0 2,149 0 2, 430 1,023 187 37 2, 091 95 270 568 2, 420 940 1.300 8,710 2, 215 1,618 228 616 2, 460 989 1. 207 9, 835 1,981 1,444 2, 450 976 997 10,951 2, 150 1 3'^° 43 56 226 365 367 405 102 547 140 1, 327 188 1, 928 200 2,361 155 2,457 143 2,564 138 2 623 520 863 1,246 1,319 1, 399 1, 461 4, 639 3, 225 1, 414 4,872 3, 329 1,542 6,057 3, 901 2,155 6,134 4,121 2,013 6,564 4,418 2,146 6, 886 4, 694 2> 192 293 958 330 122 535, 736 4, 860 70, 926 31,730 483, 505 4,885 71.449 30, 326 483, 798 5,511 96. 368 40, 097 701,142 5, 620 97, 453 40, 252 613,837 6,043 111,072 44, 364 81 0 2, 155 813 SI 1,864 I 0 iI 232 605 396 l! 058 1. 060 10, 699 1, 366 378 127 200 2,569 143 1, 239 ,414 149 1,707 1, 425 782 880 956 834 635 6, 668 4, 606 2, 061 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 3,184 1,337 930 756 239 520 417,223 5,360 77, 370 32,024 488, 019 5, 288 70, 924 28, 788 361,839 4,301 50. 534 20, 837 400, 061 4.429 53. 507 23, 046 354, 301 4,245 44, 061 18, 983 3.09 66 2.94 60 2.99 64 3.12 61 2.95 56 2.94 3.01 2.89 65 3.00 68 2.85 64 2.97 64 2.98 61 6,564 50, 177 39, 007 4,430 3,679 4,814 27, 479 24, 159 3,382 4,288 4,174 14,202 19, 678 3,708 2, 856 4,202 13, 648 12. 781 2,984 2,797 4,121 16, 674 17, 130 2,980 2,540 5,098 20, 991 21,189 1, 926 2, 252 4, 918 30, 678 26, 081 2, 108 2,591 8,071 24, 808 24, 149 2, 134 3,016 15, 509 20, 010 21,686 2,643 3,067 27, 725 21, 038 22, 732 2, 527 3,008 31, 305 30,346 36, 361 2,780 3,571 16, 980 268, 398 72, 731 77, 723 18,141 41,210 7,828 36,112 7,020 69, 648 12,967 68,894 10,899 98, 791 13, 328 98, 856 17, 814 163, 493 41,684 373, 432 121, 056 672, 064 185, 337 588,314 155, 910 1,364 4,251 1,278 4,143 1,246 3,864 1,409 4,094 1,533 5,035 1, 359 4, 326 1,312 4, 479 1,353 4,438 1,295 4,163 1,430 4,705 1,516 5,019 1, 565 5, 211 86.111 56, 055 22,314 60, 685 17, 367 86, 783 57,167 21, 895 59,498 17, 291 85, 56, 21, 57, 17, 364 329 271 649 746 88,909 57, 594 23, 459 59, 582 19,165 23, 298 59, 543 18,818 89, 209 57,864 23, 486 59, 614 19,182 89,680 57, 673 24,116 59, 778 19, 268 91,129 57, 681 25,406 62,136 18, 298 89. 56 24 59 18 14. 770 14, 839 14, 921 15, 004 15, 088 15,111 15, 549 15, 622 8, 973 6,851 7,793 760 10, 046 7, 757 8,288 1,326 9,996 7,742 8, 156 1,407 9,907 7,787 8,302 1,292 10,551 8,244 8,513 1, 603 10, 534 10,121 8,258 8,718 ~~~8 616 1 088 1, 399 652, 5, 102, 43, 112 56 I 4, 30o 3,049 1, 256 353, 3. 41, 18, 404 a 565. 6, 106, 43, 358 046 143 109 3.10 61 61. 57, 3, 3 8, 230 067 004 891 198 COMMUNICATIONS Telephones:* , thous. of dol. Operating revenues , thous. of dol_ Station revenues , thous. of dol. Tolls, message thous. of dol. Operating expenses thous. of dol. Net operating income.. Telephones in service, < >nd of mo. thousands. Telegraphs and cables: Operating revenues thous. of dol. Commercial telegraph tolls.thous of dol. thous. of dol. Operating expenses thous. of dol. Operating income 82, 653 53, 923 21, 402 57, 394 16,966 86, 56, 22, 59, 18, 328 245 630 321 529 85, 330 56, 732 21,213 59, 741 17, 386 14,446 14, 512 14, 568 14, 621 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, 050 744 571 727 692 960 853 • Revised. # 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 air lines 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 $83,428,884; station "revenues. $54,234,380; message tolls, $21,796,457: operating expenses, $60,535,010: net operating income, $14,771,409; stations in service, 14,770,549; for August 1935: Total operating revenues, 883,738,403; station revenues, $53,958,287; message tolls, $22,467,697; operating expenses, $59,090,556; net operating income, $16,431,131; stations in service, 14,790,676. • This figure covers room revenue only. K Data for August, November 1935 and February, May and August 1936 are for 5 weeks; other months, 4 weeks. http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis November 1936 39 SURVEY OF CURRENT BUSINESS 1936 1935 Monthly statistics through December 1931, together with explanatory footnotes and references to the sources of the data, may be found Septem- SeptemDecem- January October NovemIn the 1932 Annual Supplement to the Survey ber ber ber ber 1936 February March April May June July August CHEMICALS AND ALLIED PRODUCTS CHEMICALS Alcohol: Denatured: Consumption (disposed of) 10, 064 5,942 6,949 17, 947 10,816 7, 950 5. 645 7,302 6, 117 6,143 5,954 6, 864 thous. of wine gaL. 10, 211 6, 927 17,160 7.736 6,006 6, 101 10, 297 6,207 5,939 5, 693 7, 635 7, 409 Production thous. of wine gal.. 3,148 2, 635 2,351 1,632 2, 666 1,739 1,718 1,836 2,607 1,836 1,767 2,707 Stocks, end of month.thous. of wine gal_. Ethyl: 19, 607 23, 988 14,668 19, 729 17,190 14, 620 17, 744 17,998 13,179 Production thous. of proof gal_. 12, 747 14, 303 12,818 Stocks, warehoused, end of month 25, 501 16,954 21,311 16, 688 18, 461 22, 429 22,146 21, 300 25, 047 27, 475 19, 386 20,315 thous. of proof gal_. Withdrawn for denaturing 17, 660 29,193 13,109 12, 605 10, 591 12, 458 17, 509 12, 921 9,860 9, 512 10,295 thous. of proof gal_. 10, 433 1,911 2, 445 2,441 1,989 2,223 2,529 1,903 1,649 1, 840 2,119 Tax paid* thous. of proof gaL. 2,054 2, 780 Methanol: 51, 490 102, 296 40,897 39,230 41,915 63,733 105, S95 48,400 40, 843 19, 496 Exports, refined gallons.. 73, 349 18, 090 Price, refined, wholesale, N. Y. .38 .38 .38 .38 .38 .38 .38 .38 .38 dol. per gaL. .38 .38 Production: 405.034 I 454,233 478,474 478,331 494, 081 494,144 476, 406 426, 313 427, 079 413, 930 374, 110 447, 499 Crude *t A gallons.. 1,539,554 12,508,978 2,373,475 1,654,794 1,418,863 i ,540,171 1,631,832 1,692,921 1,751,998 1,863,405 1,950,825 2,309,377 Synthetic gallons.. Explosives: 29, 498 26, 876 27, 483 30,394 28, 492 28, 825 31, 471 30, 484 Shipments! thous. of lb_. 27,940 25, 509 25, 514 Sulphur and sulphuric acid: Sulphur, production (quarterly)* 384,671 long tons.. 352, 690 374,276 3S9, 608 Sulphuric acid (104 plants): Consumed in production of fertilizer short tons., 120,370 101,708 131,441 125,496 132, 508 125, 730 117,864 106, 785 81, 921 82, 396 95,. 108 99, 325 114,521 Price, wholesale, 66°, at works 15.50 15. 50 15.50 15. 50 15.50 15. 50 15.50 15. 50 15. 50 15. 50 15.50 15. 50 15. 50 dol. per short ton. Production „ short tons.. 135,717 130, 260 149, 729 153, 792 172,823 156.878 152. 860 141,339 119, 565 126, 419 122, 681 121,166 141, 501 Purchases: 35, 742 33, 396 35,134 30,185 10, 721 13, 518 15, 437 29,712 30, 065 24,932 13, 352 15,722 From fertilizer mfrs short tons.. 32,304 12,111 17, 540 12, 273 16, 725 26, 922 21,111 18,946 23, 383 22, 402 "From others . short tons.. 22,918 15,988 22, 193 15,111 Shipments: 30, 888 28, 031 29, 525 38, 363 22, 100 31,221 35, 007 20, 921 22, 307 13, 258 20, 870 18,129 To fertilizer mfrs short tons.. 24,103 46, 717 50,802 45,478 53, 492 49, 744 53, 351 45, 962 54,306 55,451 51,116 37,170 47,163 To others... -__.short tons.. 51,118 FERTILIZER Consumption, Southern States^ 95 151 124 545 1,402 145 1,023 44 249 341 84 61 thous. of short tons.. Exports, total!-.. long tons.. 150, 753 208, 797 161, 955 153,467 137, 754 164,458 149.917 178, 789 117, 628 144,811 101, 923 151,082 126, 899 28, 507 34,219 36, 216 13, 311 36, 326 31, 552 17,515 17,723 19. 767 34,025 7,400 9, 131 Nitrogenous! long tons.. 14,470 172, 425 115, 797 104, 520 114, 438 112,802 105, 420 133,762 91,481 116,448 121, 554 89, 691 123, 950 105, 539 Phosphate materials! .Jong tons 2, 181 1, 306 186 276 62 301 799 1, 233 139 85 513 158 298 Prepared fertilizers long tons.. 51,317 71,956 155, 686 218, 892 143.580 189, 085 72, 382 149 473 173,708 140,334 75, 888 64, 619 64,514 Imports, totalt# long tons.. 32, 794 3l», 951 50, 970 75, 301 89. 538 165, 555 134, 406 149, 968 107,828 58, 866 35, 320 36. 250 Nitrogenous!-.long tons.. 32, 651 9,961 10, 641 22. 256 92, 739 62,115 100, 982 69,733 38, 528 32,642 6,773 1,383 36,216 5, G40 Nitrate of soda! long tons.. 1,206 4, 104 4,166 6,332 8,075 3,368 4,299 4,252 1,779 2,494 7,348 4,619 4,480 Phosphates! long tons.. 12,074 70, 791 43, 885 21, 704 56,899 28, 553 31, 749 24, 844 53, 097 8,677 6,065 19,427 32, 310 Potasht lone tons.. Price, nitrate of soda, 95 percent, N. Y. 1.275 1.275 1.275 1.275 1.285 1.275 1.325 1.325 1.325 1.325 1.325 1.325 1.325 dol. per cwt__ Superphosphate, bulk: 226,317 281, 892 288, 307 320, 800 298,073 259, 374 203, 945 257, 728 216,558 297,090 243,162 225,485 256, 792 Production .short tons.. 82, 059 87, 313 29,178 28, 438 33,163 54, 687 238,498 219, 340 119,612 45,817 9, 510 21, 113 Shipments to consumers short tons.. 127,378 Stocks, end of month ..short tons.. 874,588 1,013,399 1,102,407 1,199,542 ,217,767 1,190,315 1,137,700 953, 739 742,105 702, 335 721, 243 770, 790 845, 381 Pine oil: NAVAL STOKES Production gallons.. 404, 392 335, 318 323,125 336,178 303, 625 343,038 3^4,433 346, 676 374, 585 368, 304 371, 036 365, 784 415,922 Rosin, gum: 5.18 5.50 4.68 4.91 5.61 4.45 4.51 4.50 5.83 5.12 7.23 6.91 Price, wholesale "P>", N. Y...dol. per bbl._ 88,784 93,917 75, 552 41, 226 23,348 95, 860 32, 002 58, 894 82. 736 97, 781 108, 648 101, 939 Receipts, net 3 ports bbl. (500 lb.)._ 95,693 Stocks, 3 ports, end of month _bbl. (500 lb).. 194,883 310, 697 306, 658 334,226 315,021 271, 749 222, 638 156, 291 144, 782 144,258 156, 592 173,946 188, 065 Ro^in. wood: 47, 388 43,894 43, 719 52,156 52, 693 51,326 54, 209 53, 640 52, 418 55,151 47, 214 58, 572 Production bbl. (5001b.).. 57,789 86, 485 72, 901 80, 278 76, 311 83,021 72,861 83, 346 87, 257 93,152 92, 945 79,128 76, 110 Stocks, end of month bbl. (5001b.)._ 77,767 Turpentine, gum: .45 .48 .47 .48 .47 .42 .40 .49 .42 .42 .40 .43 Price, wholesale, N. Y__ dol. per gal__ 13,350 1,442 20,101 15,157 23,470 18, 798 20, 646 21,894 Receipts, net, 3 ports bbl. (50 gal.)4,800 27, 418 29, 810 26, 173 Stocks, 3 ports, end of month.bbl. (50 gal.).. 114,127 131,273 134, 539 142, 625 145,216 135,959 125,285 114, 789 99,320 99, 562 105,141 108, 550 113, 983 Turpentine, wood: 7, 550 9,042 6,910 7,355 8,740 7,474 8,580 8,662 8,636 8,523 8,578 8,093 8,785 Production ...bbl. (50gal.)... 2,937 5,531 11,582 3,023 8,553 9,275 4,001 10, 733 10, 610 7,669 7,492 8,019 Stocks, end of month.. bbl. (50 gal.).. 10,228 OILS, FATS, AND BYPRODUCTS Animal fats and byproducts and fish oils (quarterly): Animal fats:! 210, 541 176,605 208, 694 Consumption, factory thous. of lb__ 245,453 203, 048 319,916 384,461 396, 857 Production thous. of lb.. 375,493 275, 430 364,010 391,123 384,249 Stock, end of quarter thous. of lb._ 358,645 361,160 Gelatin, edible: 2,853 5,323 5,597 5,656 3,701 Production thous. of lb__ 6,841 8,590 8,853 7,317 Stocks, end of quarter thous. of lb.. 7,987 Greases:! 45, 324 52,121 46,813 46, 611 Consumption, factory thous. of lb._ 53, 265 64, 399 68, 942 71, 680 Production thous. of lb.. 82,139 75, 208 66,856 63, 645 68, 243 Stocks, end of quarter thous. of lb._ 64,321 69,354 Lard compounds and substitutes: t 469, 674 333,200 349, 861 Production thous. of lb. 438,606 457, 595 39,890 32, 575 36,797 39,156 40, 619 Stocks, end of quarter thous oflb * New series. For earlier data see p. 20 of the April 1935 issue (alcohol withdrawn tax paid), p. 20 of the April 1933 issue (production of crude methanol). Latter series for production revised for 1934 and 1935. Revisions not shown above will bo published in a subsequent issue. ! Revised series, see p. 36 of the June 1933 issue, for 1932 revisions, exports and imports of fertilizer; for 1933 revisions on exports see p. 29 of the September 1934 issue; for 1934 revisions see p. 19 of the December 1935 issue; for revised data for crude methanol production for 1933, see p 36 of the May 1934 issue. Quarterly data on fats and oils for the years 1932 and 1933 were shown on p. 19 of the March 1935 issue; for 1934 on p. 19 of the November 1935 issue. For revised series on explosives for period January 1920-October 1033 see p. 19 of the January 1934 issue. A The refined equivalent of crude production is approximately 82 percent. • Texas only. Louisiana produced 23 percent of the United States production in 1933, 16 percent in 1934, and 23 percent in 1935. 1 Figures since January 1922 revised due to dropping of Missouri from Southern States classification. See p. 19 of the January 1934 issue. # See footnote on p. 37 of this issue. Monthly revisions for 1933 are shown on p. 20 of the October 1934 issue; for 1934 revisions see p. 20 of the December 1935 issue. 40 SURVEY OF CURRENT BUSINESS 1935 Monthly statistics through December 1931, 1936 together with explanatory footnotes and references to the sources of the data, may be found Septem- SeptemDecem- January FebruOctober Novemin the 1932 Annual Supplement to the Survey ber ber ary ber ber November 1936 1936 March April May June July August CHEMICALS AND ALLIED PRODUCTS—Continued OILS, FATS, AND BYPRODUCTS—Con. Animal fats and byproducts and fish oilsContinued. Fish oils (quarterly):! Consumption, factory.....,_thous. of lb._ 77, 074 Production thous. of lb_. 82 201 Stocks, end of quarter thous. oflb.. 155, 492 Vegetable oils and products: Vegetable oils, total: Consumption, factory (quarterly) f thous. of lb_. 718, 747 Exports thous of lb._ 302 Importsf# __—thous. oflb._ 62, 421) Production (quarterly)t thous. of lb__ 484, 505 Stocks, end of quarter:! Crude .thous. of l b ~ 551,613 Refined __ thous. of lb._ 9§8 572 Copra and coconut oils: Copra: Consumption, factory (quarterly) short tons.. 49,164 Imports* _— short tons.. 24,933 Stocks ond of quarter short tons.. 14 W-5 Coconut or copra oil: Consumption, factory: Crude (quarterly)t thous. of lb._ 169, 416 Refined, total (quarterly) t thous. oflb.. 93, 648 In oleomargarine thous. oflb.. 13,964 Imports^ —thous. of lb._ 15, 689 Production (quarterly): Ond6 thous oflb 63, 004 Refined thous, of lb__ 95, 678 Stocks, end of quarter:! Crude thous. of lb.,. 77,121 Refined thous, oflb.. 14, 241 Cottonseed and products: Cottonseed:! Consumption (crush) ..short tons.. 592, 820 Receipts at mills short tons _ l,2o3,8(J0 Stock at mills, end" of month short tons.. 838,379 Cottonseed cake and meal: Exports! short tons.. 549 Production .- short tons Stocks at mills, end of month 264,173 short tons_. Cottonseed oil, crude:! 125,014 Production ..._thous. oflb.. Stocks, end of month thous. of lb.. 176, 256 Cottonseed oil, refined: 92, 667 Consumption, factory (quarterly)! thous oflb_. 216 In oleomargarine thous. of lb_. 332, 9, 081 Price, summer yellow, prime. N. Y. dol. per l b . . Production! _ _. thous. oflb . 92,.102 306 Stocks, end of month .thous. of lb_. 228, 764 Flaxseed and products: Flaxseed: Imports, United States#_ thous. of bu_. 1,813 Minneapolis and Duluth: Receipts thous. of bu Shipments thous. of bu_. Stocks, end of month__thous. of bu_. Oil mills:! Consumption, quarterly thous of bu 4,817 Stocks, end of quarter., thous. of bu_. 2,083 Price No. 1, Minneapolis.dol. per bu_. 2.14 Production, crop estimate thou^. of bu 2,276 Stocks, Argentina, end of month thous. of bu_. 5, 512 Linseed cake and meal: Exports . . thous. of lb 32, 581 Shipments from Minneapolis thous. oflb_. 3,205 Linseed oil: Consumption, factory (quarterly)t thous. of lb_. 79, 705 .101 Price, wholesale, N. Y dol. per lb.. Production (quarterly) t—thous. oflb.. 91.098 3,538 Shipments from Minn thous. oflb.. Stocks at factory, end of quarter thous. of lb_. 98,411 Oleomargarine: Consumption (tax-paid withdrawals) thous. of lb._ 34,426 Price, standard, uncolored, Chicago dol. per lb_. .138 Production thous. of l b . . 33,711 Vegetable shortenings:*^ Price, tierces, Chicago dol. per lb._ .125 0 03,346 67,249 | 187,916 609, 071 383 92,174 456, 913 65,874 45,364 205,121 67. 328 _l 117.078 212,667 338 79, 966 237 87,810 536, 998 355,800 1,004,980 329 114,354 950.784 854,835 648 82, 003 707,370 181 77,068 526 94,611 478 107, 837 557 87, 928 743,420 593,446 632, 757 477.563 48, 424 19, 535 " 2 7 , l 3 3 ~ "3276l9~ 29, 565 67, 334 12 006 147, 700 66, 737 22, 873 " 13," 297 " 2 4 , 5 1 1 ' 40. 039 688 802 245 75, 455 400, 555 490 84, 853 405 77, 886 628,160 492, 852 56,394 14, 976 "iff, 971" ~~n~908~ 31.902 56, 449 11, 636 "I7,"416" " 14," 789 16, 896 | 130,395 101,105 16, 771 25, 965 105.952 15,275 1 15,024 21,935 45, 122 16, 372 31, 055 61, 569 fll, 345 i 109, 836 23, 500 a 137.153 135,073 1 17, 046 23, 507 27,108 37,972 99,594 13, 289 22, 532 140, 350 12,334 40, 338 9,979 32, 569 84 Q04 9, 73:1 14, 820 93.006 69 894 87,262 72 049 83, 629 127. 904 23, 992 129,419 17,973 129, 894 16, 074 9, 554 33, 835 11,749 14,273 518,673 481,299 456,656 244,044 350, 614 85,646 252, 065 80,564 133,666 31,670 70, 992 23,982 42, 253 25,831 32, 253 15, 094 102, 451 252,834 849, 430 886. 804 1.382 2.418 1,403 336,139 ! 287. 362 ' 231.337 636, 818 371,850 200, 349 98, 353 51,343 34, 921 17, 762 168,145 1. 420 11 191,239 189 207, 346 2, 567 163,342 781 114,649 74 63, 599 38 36, 009 38 19, 954 115 18,551 506 46, 774 «194,210 253,294 312,279 355, 432 358, 752 322, 211 285, 958 202, 429 166, 272 118,886 68, 905 45, 561 "130,089 a 73,918 225, 168 110,557 193,025 119,314 154,286 131, 843 135. 623 128,018 107,792 126,446 81,055 113,413 43,137 85, 206 24, 743 62, 602 14, 408 36,147 10, 344 18, 707 29, 787 26, 547 a 437,260 741,295 757, 745 1,096,758 "468,596 634.326 693,101 828, 029 360, 560 6,714 6,610 8,549 361, 863 9,120 8,626 10, 700 241,169 8,178 8,347 7,361 263, 502 6,649 7,612 7,608 .102 a 74,312 ^286,331 .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 .094 84,935 504,033 .094 65,190 487, 536 .088 41,006 460, 727 .091 41,025 408, 965 .098 29,476 319,015 .101 22, 725 237, 220 1,322 930 1,254 1,690 886 1,414 1,496 1,037 1,244 747 117 671 4,009 389 2,040 3,148 1, 299 3,326 952 1, 266 2,597 415 298 2,153 229 142 1,928 99 119 1,640 224 131 1, 246 172 95 791 270 160 535 542 181 348 255 291 285 1,539 665 668 5.998 3,005 1.68 1.79 1.80 8,264 4.270 1.83 1.87 1.84 7,094 2,434 1.76 1.72 1.69 5,168 2 222 1.77 2.06 2.15 /14,123 4,331 3,543 2,559 1, 969 3,150 4,331 5,315 6,299 6,693 5,906 6,299 5,906 35,356 37,430 40,983 59, 293 39, 399 36, 225 42, 379 33,233 27,117 25, 794 20, 469 24,140 21, 527 22, 647 19,509 22,245 21, 782 15,244 21, 748 23, 715 15,649 15,104 12,891 11,365 .101 .100 75,404 73, 812 .101 .089 .097 .097 116,667 156,569 10, 235 ~"l3~320* ~~~6~854~ 4,069 ~~~87605~ ~~~7,~85§" 146,532 106,332 65,574 84 129 .094 .098 .095 .100 .095 .103 100,119 132,137 10, 200 ~"9~372~ ~~13~808" 12, 932 ""7," 273" "~5,~106 140, 666 187,466 32,440 32,430 35, 501 32,831 37,388 37,851 32,368 32, 464 26,941 22, 549 26,796 31,805 .130 31, 855 .142 32, 261 .145 33,962 .145 33, 506 .145 36, 558 .145 38, 835 .145 33,794 .143 32,302 .130 25, 580 .125 25, 834 .125 27, 695 .134 30,351 .130 .128 .128 .125 .122 .118 .117 .117 .109 .107 .117 .124 Revised. « October 1 estimate. / December 1 estimate. •For earlier data on vegetable shortening price, see p. 18 of the January 1934 issue. !Revised series: Monthly data on cottonseed and cottonseed products for the year ended July 1932 were shown on p . 20 of the February 1933 issue; revisions for each month of 1933 were shown when monthly data for 1934 became available; revisions for year 1934 were shown on p . 38 of the November 1934 issue and for year ended July 1935 on p. 20 of the November 1935 issue For exports of cottonseed cake and meal for the year 1932, see p. 37 of the June 1933 issue. Data revised for 1933, see p . 19 of the September 1934 issue: for 1934 revisions, see p. 19 of the December 1935 issue. For revised data on imports of vegetable oils for 1932, see p. 17 of the J u n e 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 t h e November 1935 issue. #Sce 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. • T h i s series prior to September 1935 was listed as " L a r d C o m p o u n d . " http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis 41 SURVEY OF CURRENT BUSINESS November 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 1936 Septeni' September ber O cp tt 0o D b pe rr U Novem- December ber January February March April May June July August 36, 209 25, 199 11,021 14,178 11,010 40,950 28, 026 10, 746 17, 280 12,924 38 736 587 795 15, 792 12, 149 33,919 23. 393 10, 287 13,106 10, 526 33, 380 22, 338 9,095 13, 243 11,041 293, 758 348, 953 44 fi?,0 47, 407 134, 803 147,160 361,356 51, 758 175, 088 306, 656 54 817 158, 285 261. 462 49,389 139,565 297, 878 50, 267 133,825 CHEMICALS AND ALLIED PRODUCTS—Continued PAINTS Paints, varnish, lacquer, and filler products:! 33, 450 Total sales thous. of dol Classified thous. of dol_. 22, 338 9, 564 Industrial thous of dol Trade thous. of doL. 12, 774 Unclassified (235 estab.)§_.thous. of doL. 11,112 Plastic, cold-water paints, and calcimines: Sales: Calcimines, _ dollars.. 292, 071 Plastic paints dollars 47, 268 dollars.. 149, 333 Cold-water paints 28, 536 19, 039 7, 985 11,054 9,497 39, 853 132 9! 519 12, 613 10, 721 25,427 17, 856 8, 986 8,870 7,751 90 039 14, 271 7, 561 6.710 5, 768 9.3 804 16. 355 8 1SR 8, 167 7, 448 9,0 181 14, 363 7 16? 7, 201 5, 818 274, 829 27,463 102, 379 264, 306 34 414 105, 306 212,871 31, 760 77, 784 205, 543 21,468 72, 918 280, 896 292 89, 730 199, 183 27, 734 76, 971 29,912 20, 728 9 9*9 15, 446 9, 185 Tn 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 1 787 1 53? 1,551 1,435 1 660 1 598 1,298 1,420 1, 409 1 398 1, 230 1, 9fi? thous. of lb -thous. of lb_. 1 204 1,027 882 884 1 ?99 1 1, 265 1,114 859 23,083 7 523 20,419 7,376 24, 716 6, 962 18,851 7,577 3,102 834 766 1, 501 3,180 850 869 1 461 1,952 498 482 972 3?? 1 I^S 1 994 1 ?39 1,388 1,319 1,345 1, 288 1, 154 1, 90fi 1. 225 1,198 1, 463 1,501 8f»9 934 597 546 785 939 1, 221 1, 097 980 921 1 061 850 1,002 746 1,162 1,468 15, 780 8, 935 17 256 8 677 313 90?, 22, 528 7, 999 23, 713 7, 086 22, 391 8,630 21 956 10 479 20, 209 10, 583 21, 833 9, 550 1 186 ?70 308 607 1 60S 3fift 341 901 3, 130 600 565 1, 914 451 681 1, 205 2, 744 634 887 1,223 2,103 566 740 797 ? 330 653 764 913 2, 509 637 784 1,088 2, 994 783 908 1,303 If ROOFING Dry roofing felt: Production ..short tons.. Stocks, end of month short tons . Prepared roofing shipments:? Total _ thons. smiaros thous. squares.. Grit roll Shingles (all types) thous. squares. Smooth roll thous. squares . 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 9,703 8,206 8,847 8,690 9,139 9,246 8, 599 8,904 8,892 9,085 9,124 <* 9, 672 ° 9,800 6, 678 3,026 5,182 3,024 5,975 5,432 3, 258 5,850 5,881 3,365 5,681 2,918 5,114 3, 790 4,878 4, 014 5,163 3, 923 5, 853 3,271 ° 0, 529 «3,143 « 6, 733 ° 3,067 9,159 7,731 8,747 8,118 8,423 8,417 8, 604 8, 594 544 475 499 481 481 475 481 530 561 560 2,872 8,361 486 8,209 481 3, 288 8,588 551 «9,240 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 6,913 1, 254 1, 256 3,649 7, 069 1 223 1 281 3,842 7,085 1,165 1,266 3,975 7,264 1,144 1, 275 4,197 7,519 1,159 1 317 4,362 7,723 1,180 1,361 4,487 189 207 217 227 234 219 209 193 ISO 159 171 188 67 328 73 360 79 368 86 439 100 448 96 435 83 394 375 77 354 74 346 99 342 97 340 159, 073 162, 789 169,339 173,459 179,141 171, 220 165, 650 165,703 164, 015 164, 007 167, 672 169,636 10,023 9,473 106 435 27, 492 19 189 550 10,033 9,467 121 434 29,897 20,008 1,571 9,994 9,421 128 437 30,164 18, 543 3,223 10,005 9,425 131 439 33, 480 18, 679 5,716 9,960 9,333 133 485 35,960 19,922 6,669 9,972 9,346 135 481 36,611 20,146 7,053 9,973 9, 343 129 487 34,129 19,219 5,282 10,011 9, 378 132 488 33, 018 18, 781 4, 223 10, 098 9,465 136 485 31,334 18 866 2,805 10, 080 9,454 130 485 29,531 18 941 1,032 10 106 9, 484 125 485 27,249 17 279 636 10,119 9,499 126 484 25, 723 16,159 491 GAS Manufactured gas:*f Customers, total _ thousands Domestic thousands House heating _ _ thousands Industrial and commercial..thousands Sales to consumers millions of cu. ft.. Domestic millions of cu ft House heating ..millions of cu. ft Industrial and commercial millions of cu. ft__ Revenue from sales to consumers thous of dol Domestic thous. of dol_. House heating.. ..thous. of dol.. Industrial and 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 7,600 8,134 8,206 8,861 9,143 9,190 9,422 9,827 9,493 9,412 9,156 8,936 30,140 24,140 475 5,415 31, 753 24, 697 1,150 5,782 31,308 23,416 1,849 5,912 33,013 23, 336 3,291 6,244 34, 555 23,800 4,113 6,495 34, 653 23,322 4,612 6,571 32,887 22, 742 3,514 6,490 32, 093 22, 885 2,585 6,476 31, 839 23, 820 1, 553 6,336 30, 699 23, 693 773 6,127 28 689 22, 123 499 5,966 27, 223 20, 861 402 5,848 5,880 5,468 411 75,325 14,135 5,947 5,510 435 85, 028 18,556 6,018 5,552 464 99, 714 26, 726 6,039 5,563 474 113,418 36, 325 5,987 5,515 470 123,778 43, 715 6,004 5,532 469 136, 242 50,131 6,033 5,559 472 113,823 38, 942 6,027 5, 560 405 106,193 31, 859 6, 033 5,578 453 92, 639 23,658 6,011 5,581 429 85, 014 16, 854 6,010 5, 586 422 82, 090 13, 735 6,037 5,611 424 85, 330 12,678 60, 273 65, 252 71, 691 75, 680 78, 980 84, 673 73,442 72, 770 67, 588 67,137 68,121 71,402 22,120 11,262 10, 718 25,805 13,677 11,958 32, 099 18,316 13,591 38, 825 23, 635 14,981 44,312 27,964 16,178 48,116 30,581 17, 296 39, 732 24, 667 14,846 35, 475 21,034 14,219 29, 251 16, 429 12, 635 24, 812 12, 703 11,980 22, 904 10.913 11,863 22 778 10, 353 12, 265 • Revised. • New series. For earlier data see p. 19 of the May 1935 issue, manufactured and natural gas. Series on cellulose products prior to January 1933 not available. 1 Revised series. Data revised beginning with January 1932; see p. 39 of the April 1935 issue. Revisions for period January 1932 to January 1934, inclusive, will be shown in a subsequent issue. t For revised data for electric-power production for 1932 see pp. 38 and 56 of the May 1933 issue; for 1933 see p. 38 of the May 1934 issue; 1934 and 1935 data also revised. Revisions not shown in the June 1935 issue and in the May 1936 issue will appear in a subsequent number. Manufactured and natural-gas statistics for the years 1929-35 have been revised. Revised data on manufactured gas appeared on p. 20 of the June 1936 issue, and revised data for the natural gas on p. 19 of the August 1936 issue. § For revised data on paint, varnish, and lacquer products for the years on "total" for 1928-35 and "unclassified" for years 1932-35 see p. 20 of the November 1935 issue. 42 SURVEY OF CURRENT BUSINESS Monthly statistics through December 1931, together with explanatory footnotes and references to the sources of the data, may be found in the 1932 Annual Supplement to the Survey 1936 November 1936 1935 Septem- September ber 1936 Novem- Decem January March April May June July August FOODSTUFFS AND TOBACCO BEVERAGES Fermented malt liquors:* Consumption (tax-paid withdrawals) 4,985 thous. of b b l 5,183 Production thous. of bbL. 8,082 Stocks, end of month thous. of bbL. Distilled spirits:* Consumption (tax-paid withdrawals) t* 6,931 thous. of proof g a l 5,952 Whisky thous. of proof g a l Production "total thous. of proof gal.. 23,698 Whisky ..thous. of proof gal.. 19,063 Stocks, end of month..thous. of proof gal.. 352,151 Whisky thous. of proof g a l - 341,264 Rectified spirits: Alcohol, ethyl, withdrawn tax paid (see p. 39): Consumption (tax-paid withdrawals)* thous. of proof g a l 2,783 3,931 3,868 6,690 3,790 3,735 6,496 3,366 3,221 6,204 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 2,019 2,614 2,969 2,998 2,304 135,667 149,886 148,201 144,921 137,264 127,594 .35 131,862 44,637 .26 141,786 48,294 .28 119,748 42,149 .34 105,147 35,734 108,777 148,822 120,210 .32 96,462 32,898 71,948 3,104 3,219 6,205 2,679 3,335 6,640 2,685 2,932 6,802 5,041 5,418 8,409 3,738 4,433 7,333 3,887 4,970 8,208 6,173 6,203 5,687 5,531 19,804 22,691 18,838 21,612 242,830 258,221 233,797 248,946 6,177 5,390 23,251 21,917 273,798 264,389 2,028 2,335 2,367 2,044 1,937 122,114 123,524 131,896 162,006 132, 596 122,804 131, 579 .35 .37 108,172 106,688 42,257 41,211 .32 120,162 45,829 .31 130,928 48,379 .27 .30 178,028 185,223 56, 537 69,435 .34 152,001 54, 676 .36 139, 363 44, 792 8, 219 6,019 7,315 5,421 24,412 21,910 19,910 20,340 215,518 230,425 207,154 221,602 5,600 6,061 8,633 5,666 5,229 4,760 4,288 23, 373 24, 274 22.158 22, 693 290, 739 310, 793 281,208 300,653 6,670 6,791 8,525 5, 938 5,771 8,122 5,823 5,200 4,643 4,279 21, 720 19,763 19,994 17,824 325, 990 339, 820 315,936 328, 808 2,159 1,936 DAIRY PRODUCTS Butter: Consumption, a p p a r e n t ^ - - t h o u s . of lb— Price, N. Y., wholesale (92-score) dol. per l b . . Production (factory) t thous. of lb— Receipts, 5 markets ..thous. of l b Stocks, cold storage, creamery, end of month thous. of l b Cheese; Consumption, apparent! thous. of l b Imports* thous. of lb— Price, no." 1 Amer. N. Y dol. per l b Production (factory)t--thous. of lb-. American whole milkf thous. of l b Receipts, 5 markets thous. of l b Stocks, cold storage, end of monthf thous. of l b American whole milkt thous. of lb— Milk: Condensed and evaporated: 'condensed (sweetened).. thous. of l b vapora e unswe thous. of lb— 40,117 21,502 8,217 5,346 4,997 21,157 73,816 103, 259 56,840 63,891 52,982 46,700 53,331 3,632 3,022 6,015 5,796 5,880 .17 .19 .20 a .17 .18 70, 751 «63, 580 «48,S26 «47,138 55,389 a 43,307 °49,053 «42,114 28,811 "27,345 16,384 12,098 15,423 11,488 16,836 54,879 3,240 .18 43,841 29,455 10,416 53,651 3,794 .17 39,809 27,051 13,339 57,436 5,693 .17 45,317 32,409 15,164 62,127 4,217 .15 48,816 37,089 13,398 70,165 3,152 .15 65, 339 52, 395 14, 206 76,150 4,257 .17 83,132 67,101 21,191 6C, 370 5,463 .20 63,922 53,032 18, 479 99,572 86,537 90,890 78,197 79,556 68,363 73,952 62,261 67,776 55,756 70, 783 56, 946 85, 798 70, 282 97, 403 80, 735 14,578 » 17,891 19,833 21,254 23,328 22,140 33,537 29, 339 19, 274 248, 258 266,199 211,299 183, 428 115,309 98,498 22,448 114,953 102,661 a 111,731 100,670 16,798 « 15,155 104,661 92,912 a 185,780 134,809 105,710 86,337 101,604 118,301 112,704 144,222 181,552 Condensed (sweetened)..thous. of l b 204 Evaporated (unsweetened) thous. of l b 2,904 Prices, wholesale, N. Y.: Condensed (sweetened).dol. per case— 4.85 Evaporated (unsweetened) 3.40 dol. per case.. Stocks, manufacturers, end of month: Condensed (sweetened): 12,363 Bulk goods thous. of lb Case goods thous. of l b . . 12,109 Evaporated (unsweetened): Case goods thous. of l b - 160,578 Fluid milk: Consumption in oleomargarine 6,357 thous. of l b Production, Minn, and St. P l 235 275 332 474 147 257 229 246 P?os?on, incl. cream Greater New York* Powdered milk: Exports Orders, net, new Stocks, mfrs. end of mo thous. of qt thous. of qt— 113,031 thous. of lb_. 291 thous. of lb — thous. of l b - 26,796 FRUITS AND VEGETABLES l U2,106 53,897 6, 452 .21 57, 693 44, 451 15,981 107, 542 90,471 0 262 465 86 1,828 2,118 60 2,585 1,810 2,719 2,463 1,765 2,138 1,696 4.85 4.85 4.85 4.85 4.85 4.85 4.85 4.85 4.85 4.85 2.90 3.12 3.15 3.15 3.15 3.15 3.15 3.15 3.28 3.40 5,497 14,678 3,373 11,697 2,931 8,829 2,845 6,044 2,329 3,659 2,741 2,963 4,588 3,741 9,374 8,252 14,664 11, 275 13, 654 11,188 343,132 229,065 91,250 72,916 66,094 45,375 42,597 61,775 141,774 186,359 6,515 ^ ^ 6,506 ^ ^ 6,787 ^ ^ 6,932 7,396 7,555 6,622 6,529 16,529 107,265 17,768 109,639 17,160 105,925 16,210 109,377 16,380 111,875 15,308 104,459 15,266 114,536 15,694 110,640 282 14,844 29,702 252 13,559 23,166 234 13,254 14,580 219 12,654 10,121 305 10,952 9,212 236 10,720 8,485 268 12,316 9,435 286 14,778 11,225 2,383 2,108 2,646 4.85 4.85 2.80 2.80 8,333 17,349 «12, 250 11,116 102, 021 5,029 5, 521 5,258 5,847 41,673 42, 051 32,183 28,098 17, 387 16, 550 120,137 114, 657 18,142 117,126 17, 781 115,060 428 16,131 32,007 383 312 29, 264 352 13,837 21, 252 Apples: Production, crop estimate.- .thous. of bu_. «104,942 /167.283 - - — 1,373 1,024 2,281 Shipments car lott carloads.. 7,629 6,855 18,836 7,546 5,378 4,740 6,283 5,414 4,563 Stocks, cold storage, end of month thous. of bbl 2,328 2,510 10,276 11,018 9,686 8,225 5,976 3,769 1,783 9,522 6,536 13, 539 11, 050 Citrus fruit, car-lot shipments! carloads7,417 6,800 8,911 11,153 14,450 13,260 13,516 15,016 14,628 1,018 1,479 3,614 3,858 Onions, car-lot shipments!carloads.. 3,363 3,420 3,654 2,392 1,518 2,592 2,625 1,838 3,645 Potatoes: 2.456 3.665 2.519 Price, white, N. Y dol. per 100 l b . . 1.795 .906 1.120 1.800 1.790 1.656 1.700 1.820 2.406 Production, crop estimate.-.thous. of bu— «322,263 Z387.678 — 14,425 12,371 Shipments, car lott carloads- 16,724 12,362 19,491 13,854 11,356 16,810 19,560 24,388 18,718 17,114 18,598 •Revised. §Bulk evaporated milk not included since December 1931. • Oct. 1 estimate. / Dec. 1 estimate. •New series. Beverage figures are compiledby theU. S. Treasury, Alcohol Tax Unit. Monthly data on distilled spirits available beginning July 1933 and on fermented malt liquors, April 1933. For earlier data for receipts of milk in Greater New York see p. 20 of the August 1934 issue. See p. 19 of the June 1933 issue for butter consumption. Data on consumption of rectified spirits are as indicated by the sale of stamps. Data prior to April 1933 not published #See footnote on p. 37 of this issue. Data for 1933 also revised, see p. 20 of the October 1934 issue. For 1934 revisions see p. 20 of the December 1935 issue. t Revised series. For revisions refer to the indicated pages of the monthly issues, as follows: For 1931 on apparent consumption of cheese, production of total and American whole-milk cheese, and production of condensed and evaporated milk, p. 20, January 1933. For earler data on stocks (cold-storage holdings) of total and American whole-milk cheese, p. 19, April 1933. For 1932 revised data on production of factory and American whole-milk cheese, production of condensed and evaporated milk, p. 39, September 1933. For subsequent revisions for 1932 on production of evaporated milk, see 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, and revisions not shown in the October 1936 issue for 1935 will appear in a subsequent issue. Forfinalrevision for 1933, car-lot shipments of apples, citrus fruits, onions, and potatoes, see p. 20, January 1935 issue, and for 1934 revisionssee 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 •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. November 1936 43 SUKVEY OF CURRENT BUSINESS 1936 1935 Monthly statistics through December 1931, ;ogether with explanatory footnotes and references to the sources of the data, may be found Septem- Septem DecemOctober Novemin the 1932 Annual Supplement to the Survey ber ber ber ber 1936 January February March April May June July August FOODSTUFFS AND TOBACCO—Continued GRAIN AND PRODUCTS Exports, principal grains, includingflourand 3,449 4, 844 mealf thous. of bu.. Barley: 1,006 1,953 Exports, including maltf thous. of bu._ Price, no. 2, Minn.: .58 Straight* - d o l per bu._ 1.30 .68 1.28 Malting* dol per bu Production, crop estimate thous of bu._ e 143, 9 lfi 9, 683 13, 780 Receipts, principal markets*-thous. of bu_. Visible supply, end of month* 12, 009 thous of bu_. 15, 294 Corn: 30 28 Exports, including mealf thous. of bu.. °4, 857 6, 778 Grindings . > ._ thous. of bu__ Prices, wholesale: 1. 12 .78 No. 3, yellow (Kansas City)-do'. per bu_.82 1.27 No. 3, white (Chicago)._...dol. per bu__ Production crop estimate thous. of bu '1,509,362 7,129 9, 213 Receipts, principal markets thoiis. of bu.. Shipments, principal markets 3,102 4, 375 thous. of bu_. Visible supply, end of month* 3,932 4, 33G thous. of bu~ Oats: 142 68 Exports, oatmealt-thous.per of bu._ .30 .44 Price.no including 3, white (Chicago).-del. bu_. Production, crop estimate thous. of bu._ «783, 750 4, 007 21, 300 Receipts, principal markets thous ofbu.. Visible supply, end of month® thous. of bu__ 50, 452 41, 430 Rice: 90, 194 1, 325 14, 056 Exports! pockets 100]b.. Imports?? 100 1b.. 12i,670 Price, wholesale, head, clean, New Orleans ,040 dol. per !b_. e . 042 45, 409 Production crop ctimatp thoiis of bu Southern States (La., Tex., Ark., and Term.): Receipts, rough rice, at -mills 930 1,375 thous. of bbl. (Ifi21b.)__ Shipments from mills (milled rice) total * 591 754 thous. of pockets (100 lb.)._ Stocks, domestic, rough and cleaned (in terms of cleaned rice) end of month thous. of pockets (100 lb.)_. 709 962 Rye: 2 0 Exports, including flour thous. of bu_. .47 .87 Price, no. 2, Minneapolis dol. per bu__ Production, crop estimate thous. of bu__ * 27, 095 2,461 1, 658 Receipts, principal markets*.thous. of bu.. Visible supply, end of month* thous. of bu_. 8,367 6, 376 Wheat: Exports:f 1, 324 2,4.15 Wheat, including flour thous. of bu_. 14 487 Wheat only.. thous. of bu— Prices, wholesale: No. 1 Dark Northern Spring, Minn.* 1.33 1.46 dol. per bu_. No. 2 Red Winter, St. Louis 1.03 1. 19 dol. per bu_. 1.15 1.22 No. 2 Hard Winter, K. C d o l . per bu._ Weighted average 6 markets, all grades 1.25 1.03 dol. per bu.. Production, crop estimate, total thous. of bu «627, 233 Spring wheat thous of bu.. •108, 136 Winter wheat thous. of bu~ •519, 097 Receipts thous of bu_. 10, 621 42, 289 15, 595 Shipments thous. of bu__ 10, 658 418,130 Stocks, visible supply, world.thous. ofbu.. Canada thous. of bu_. 149, 908 219,903 81,912 78, 631 United States*.._ -thoiis. ofbu Stocks, held by mills (quarterly) thous. of bu_. 153, 521 155,791 Wheat flour: 8,567 9, 186 Consumption (computed)t-thous. of bbl_. 410 279 Exports f thous.of bbl— Grinding of wheat thous. of bu_. 40, 052 41,686 Prices, wholesale: 8.38 6.96 Standard Patents, Minn.—dol. per bbl.. Winter, straights, Kansas City 5.67 7.06 dol. per bbl.. 2,777 2, 601 2,481 2,144 1,683 2,156 1,842 2,530 2,733 2,087 3,442 1,138 872 1,240 823 359 573 323 806 704 533 1,614 .59 .66 / 282,226 4, 809 7, 827 .67 .69 .66 .71 .66 .69 .68 .71 .64 .67 .64 .70 .87 .92 1.22 1. 24 .61 .65 .56 .62 6,142 3,826 7,845 5,966 5,565 5,893 5, 992 16, 583 16,087 16, 571 15,474 15,124 13, 443 12, 978 11, 894 11,241 9,578 7,017 12, 136 46 6, 232 42 5, 891 32 6,128 48 6,356 52 6,113 70 7,088 34 a 6, 209 109 °6, 242 219 a 5, 386 106 «6,480 82 °6,898 .62 .67 .62 .63 .58 .63 .64 .62 .67 .62 . 71 .94 1.01 1. 15 1.24 15, 569 9,923 .81 .85 .61 .56 (/) 2,291,629 I 18, 729 18,879 8, 82S 7, 256 } 14, 466 13,610 18,003 17,497 16, 227 24, 215 17, 614 8,133 7.494 7 t 750 8, 508 11, 320 15,194 11, 920 7,711 7, 6S5 6, 802 5, 00S 7, 955 8, 073 6,511 7, 743 4,908 4, 787 80 .30 88 .28 62 .28 81 . 27 425 .28 59 .37 89 .44 4,460 8, 70S 4,991 5, 866 6, 200 16, 803 15,205 40, 21.3 37, 848 35, 493 31, 232 31, 394 39, 253 51,715 .62 .64 { 9,544 3,812 2,481 105 .30 12, 089 45, 863 4,884 (0 77 70 .29 .30 (/) / "" ._ . . . ^ 1,196 668 1 5, 652 4, 489 6, 201 41,123 46, 037 42,012 83 .29 148, 651 2U32 342, Of$8 19, 7o9 90, 247 25,040 51,059 27, S3U 29,792 73. 9S6 6,986 79, 589 4, 241 00, 932 9, 823 76,870 713 G7, 490 890 62, 339 f>, 124 104, 099 . 040 .040 . 040 fW 132 . 030 .039 .039 . 040 .042 . 043 .043 .043 2,402 « 1,816 657 845 483 232 161 129 60 20 304 1, 224 « 884 538 1, 019 1,070 979 788 529 318 287 331 1,999 ° 2, 978 3,136 3,044 2,554 1, 855 1, 244 863 609 342 321 0 .52 2 .49 .53 0 .57 0 .52 0 .50 0 .52 3 .58 0 .75 0 .83 2, 754 1,991 0 .49 / £8,928 1,169 1, 061 763 1,324 970 2, 297 1,422 1,630 1, 540 9,088 9,660 9, 022 8,412 7,642 7, 555 7,176 6, 869 6,379 6,080 6, 674 1,489 14 1,602 30 1,132 34 1, 202 13 1,192 28 1, 425 30 1, 423 16 1,534 34 1, 382 26 1, 389 26 1,657 1.34 1.28 1.28 1.33 1.31 1.24 1.23 1.14 1.24 1.36 1.47 1.10 1.19 1.05 1.13 1.06 1.11 1. 09 1.13 1.09 1.10 1.08 1.06 1.07 1.02 1.02 .95 .95 .96 1.06 1. 11 1.17 1. 22 1.07 .98 1.00 1.07 1.07 .98 .95 .90 .96 1.10 1.27 27, 883 14, 695 443,400 259, 869 82,406 14, 501 12.403 436, 690 257, 424 80,371 / 623, 444 f159,241 /464,203 9,943 7,181 484,010 259, 928 74,730 9.277 7,964 468,910 243, 631 68,010 5,474 6,782 427, 650 223,725 58,164 9,788 9,289 380, 190 206,823 49, 537 7,417 7, 745 335, 340 189, 250 41,482 11,103 12, 970 284,970 160, 107 32,073 14,819 12, 363 244, 020 140, 346 25,125 10,703 314 45,664 10, 373 335 38, 254 7,923 234 33,123 9, 386 253 40,042 9,022 248 38,987 9,035 297 38, 273 8,090 299 36, 453 8,009 319 35, 328 7,694 289 36, 637 8.48 8.15 8.21 7.19 6.99 6.92 6.45 6.07 6.28 6.78 7.21 7.19 6.84 6.69 6.09 5.56 5.42 5.24 4.80 4.73 5.23 5.64 86, 097 139,774 84, 222 27, 210 275, 131 116,409 72, 783 29, 495 18 214 293,970 113, 276 84 764 62, 642 10, 064 290 43,660 0 11, 250 305 42, 087 9,055 Flour, actual (Census) thous. of bbl— 8,274 8, 707 9,897 8,644 8, 252 8,401 7,845 7,840 7,175 7,569 9,416 9,148 Flour prorated, total (Russell's) t 9,802 9,386 8,975 9, 173 9,746 11,116 8,349 9,070 8,235 8,300 8,149 thous. of bbl_. 10, 244 11,652 Offal thous. of Ib~ 723, 830 744, 779 821, 200 692,087 595, 761 728, 216 709,574 694,897 665, 223 650,921 675,914 793,510 758, 322 53 56 59 53 51 46 56 48 48 48 Operations, percent of total capacity 61 58 56 Stocks, total, end of month (computed) 5,40C 5,400 5,600 5,592 4,600 4, 950 5,400 5,200 5,600 5,100 a5? 600 thous. of bbl— 4,950 5, 500 3,864 4,677 4,222 4,068 Held by mills (quarterly)..thous of bbl_. 4,255 1 1 Revised. Oct. 1 estimate. t Dec. 1 estimate. 1 No quotation. 2 Brewer's rice not included. * 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 1936 1935 Monthly statistics through December 1931, together with explanatory footnotes and references to the sources of the data, may be found SeptemSeptem- October Novem- Decemin the 1932 Annual Supplement to the Survey ber ber ber ber November 1936 1936 January February March April May June July August FOODSTUFFS AND TOBACCO—Continued LIVESTOCK AND MEATS Total meats: 834 Consumption, apparentA mills, of lb._ Production (inspected slaughter) A 1,029 776 mills, of lb._ Stocks, cold storage, end of month, totalA 625 422 mills, of lb._ 75 49 Miscellaneous meats mills, of lb__ Cattle and beef: Beef and veal: 472,160 Consumption, apparentA--thous. of l b . . 1 483 1,226 Exports! thous. of lb._ Price, wholesale: Beef, fresh native steers, Chicago . 145 .179 dol. per lb_. Production (inspected slaughter) A thous. of lb— 571, 787 465, 982 Stocks, cold storage, end of month A 48, 226 thous. of lb_. 82,804 Cattle and calves: Movement, primary markets: 0 2,257 2, 264 Receipts thous. of animals.. 1,339 « 1,242 Slaughter, local thous. of animals.. Slaughter, inspected. (See Leather and leather products.) 928 978 Shipments, total tbous. of animals.. 380 441 Stocker and feeder.thous. of animals.. Price, wholesale, cattle, corn-fed, Chi9.52 11.31 cago dol. per 100 lb._ Hogs and products: Movement, primary markets: 0 Receipts thous. of animals.. Slaughter, local thous. of animals.. Slaughter, inspected. (See Leather and leather products.) Shipments, total...thous. of animals.. Stocker and feeder.thous. of animals.. Price, heavy, Chicago...dol. per 100 lb— Pork, including lard: Consumption, apparentA--thous. of lb._ Exports totalt thous. of lb_. Lardf thous. of lb— Prices: Hams, smoked, Chicago.-dol. per lb... Lard: Prime contract, N. Y.._dol. per lb— Refined, Chicago* dol. p e r l b Production, inspected slaughter, totalA thous. of lb— LardA —thous. of lb— Stocks, cold storage, end of mo. thous. of l b . . Fresh and curedA thous. of lb— LardA -thous. of lb. Sheep and lambs: Lamb and mutton: Consumption, apparentA-.thous. of lb— Production, inspected slaughter A thous. of lb— Stocks, cold storage, end of mo. thous. of l b . . Movement, primary markets:* Receipts thous. of animals._ Slaughter, local thous. of animals.. Slaughter, inspected. (See Leather and leather products.) Shipments, total thous. of animals.. Stocker and feeder.thous. of animals.. Prices, wholesale: Ewes, Chicago dol. per 1001bLambs, Chicago dol. per 1001bPoultry and eggs: Eggs: Receipts, 5 markets thous. of cases.. Stocks, cold storage, end of month: Case thous. of cases.. Frozen thous. of l b . . Poultry: Receipts, 5 markets thous. of lb— Stocks, cold storage, end of mo. thous. of lb— 1,015 915 914 1,009 844 942 961 957 1,036 1,040 992 958 1,023 1,144 847 937 960 949 1,033 1,066 997 402 53 448 63 563 74 698 79 689 70 675 67 669 61 650 57 641 57 665 62 671 73 546, 738 1, 013 473, 094 1,041 464,311 604 493, 972 728 426, 553 787 439,651 1,218 485,136 1,032 474,888 1,426 501,898 1,110 523, 582 1,302 528, 398 1,790 1,001 .169 .166 .178 .180 .171 .151 .149 .134 559, 057 492, 498 472, 484 484, 406 402,142 425,199 459,149 453,127 485, 518 518, 400 542, 249 65, 464 91,164 106, 210 104,447 86, 928 79, 509 65, 011 51,134 41, 222 42, 914 <* 64, 255 2,545 1,351 2,037 1,340 1,809 1,143 1,793 1,158 1,416 942 1, 625 1,046 1,673 1,094 1, 522 1,002 1,764 1,137 1,881 1,179 2,216 1,322 1,198 629 911 445 650 242 623 196 462 116 556 190 573 195 511 163 610 167 697 240 848 319 11.41 11.36 12.21 12.11 10.61 10.31 9.21 8.61 8.51 8.70 9.00 .133 .138 1.4 1,939 1,263 1,220 824 1,652 1,182 1, 671 1,149 2,036 1,428 2, 532 1,774 1,817 1,188 2,045 1,372 1,875 1,322 1,759 1,276 1,864 1,348 1,915 1,347 1,747 1,166 673 94 10.25 390 22 11.41 463 25 10.19 526 24 9.42 606 36 9.51 745 38 9.73 628 26 10.33 666 33 10.10 550 38 10.55 482 32 9.48 512 36 10.05 562 57 10.11 572 91 10.82 12,083 7,856 301,300 6,213 1,515 398,480 7,425 2,731 386,505 14, 872 7,932 395,269 12, 832 7,853 450, 560 14, 929 10,117 362, 070 11, 268 7,514 443, 486 16, 403 11, 461 423, 876 14,118 9,489 434,683 18, 495 10, 837 486, 492 18, 880 11, 090 467, 178 16,811 7,481 422,125 12, 224 6, C45 .246 .279 .260 .267 .273 .263 .243 .235 .239 .238 .240 .252 .256 .118 .126 .169 .177 .151 .164 .138 .144 .117 .134 .109 .120 .112 .118 .111 .118 .113 .120 .104 .113 .103 .113 .110 .119 .122 .129 396,371 250,570 34,387 363,102 47, 758 409,862 58,072 495, 250 74, 002 595, 065 96, 392 390,346 66, 464 453, 787 75,518 449,029 77,024 449,173 80, 534 499, 066 87, 288 497,956 82, 952 403,198 463, 285 361,651 101, 634 322,955 277,605 45,350 281,365 240,663 40, 702 291,115 253, 209 37,906 379,495 326,777 52,718 511,711 436, 042 75, 669 530,143 451, 418 78, 725 526, 963 450,149 76,814 541,017 457, 402 83, 615 540, 274 440,618 99, 656 541,904 435,130 106, 774 558, 987 °531, 409 441, 961 "420, 848 117, 026 «110, 561 60, 255 69, 367 54,965 54,837 64,298 55, 016 58,477 52, 394 47, 205 48,107 49,457 60, 894 59,941 69,983 55,702 55,235 64,140 54,829 58, 285 51,871 46, 721 47, 971 49, 833 52,001 3,334 1,376 1,968 2,661 3,025 2,824 2,563 2,334 1,785 1,282 1,122 1,478 ° 2,634 2, 766 1,126 2,822 1,109 3,055 1,225 1,732 927 1,588 966 1,862 1,127 1,632 949 1, 701 1,023 1,798 990 1,944 889 1,859 961 2,022 1,006 2,287 1,011 1, 597 480 1,660 533 1,860 886 822 335 620 112 732 94 690 59 666 66 800 112 1,063 183 873 108 1,014 152 1.271 343 3.36 8.91 3.28 8.95 3.59 9.00 4.11 9.81 4.35 10.80 4.50 10.25 4.34 9.97 4.62 9.66 4.81 10.75 4.56 10.97 10.38 0) 50,815 0) 3.31 8.86 9.06 782 781 704 641 784 889 811 1,798 2,022 2,088 1,727 1,247 5,817 96, 628 6,353 98,653 4,644 88,018 2,738 79,035 964 69,546 159 59, 722 13 46,367 807 45,848 3,039 69,172 5,707 94, 014 7, 058 111, 725 7,335 115,485 27, 580 21, 783 28,332 62,486 56,321 21, 433 15, 654 15,098 15,122 18,979 22, 740 22,683 26,400 82, 076 39, 720 53,156 86,098 107,389 103,833 85,792 69,494 49,324 41,926 43,050 49, 220 °65, 488 981 a 7, 006 a 108, 614 TROPICAL PRODUCTS Cocoa: 19,388 12,587 19,005 32,601 24,357 30, 508 28, 549 7,174 Imports# . long tons— 22,816 31, 206 15, 570 9,696 18,129 .0750 .0510 .0517 .0501 .0517 .0535 .0550 .0536 .0533 .0641 .0558 Price, spot, Accra, N. Y dol perlb.. .0617 .0667 'Shipments, Gold Coast and Nigeria 10,820 23,345 39, 786 54,930 61,247 59,819 40,114 17,025 11,063 14,331 20,795 20,158 long tons... • Revised. A Government slaughter not included; for months June 1934-February 1935 see p. 44 of the June 1935 issue. # See footnote on p. 37 of this issue. Data revised for 1933, see p. 20 of the October 1934 issue, for 1934 revisions see p. 20 of the December 1935 issue. t For revisions of exports for 1932, see p. 40 of the June 1933 issue. For revised data for 1933 on all export data, see p. 20 of the September 1934 issue, for 1934 see p . 19 of the December 1935 issue. * New series. See p. 18 of January 1934 issue. • Included animals purchased for Federal Relief CorporatioD for the months of October 1934-February 1935 inclusive* i N© quotation. November 1936 45 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 July August FOODSTUFFS AND TOBACCO—Continued TROPICAL PRODUCTS-Continued Coffee: Clearances from Brazil, total 1, 090 thous. of bags.. 603 To United States thous. of bags Imports into United States# 970 thous. of bags .081 Price, Rio No. 7. N. Y dol. per 1b 1,238 Receipts at ports, Brazil thous. of bags._ Stocks, world total, incl., interior of Brazil thous. of bags 0) Visible supply, total exel Interior of 7, 754 Brazil . thous. of bags... 953 United States thous. of bags__ Sugar: Raw sugar: Cuba: Stocks, total, end of month 1,009 thous of long tons United States: Meltings, 8 portst long tons 277, 352 Price, wholesale, 96° centrifugal. New York. ...dol. per lb . mo Receipts: From Hawaii and Puerto Rico 128, 430 lone tons Importst# long tons 217,897 Stocks at refineries, end of mo.+ long tons. 323, 843 Refined sugarExports, including maplef long tons 5,647 Price, retail, gran., N. Y dol per lb Price, wholesale, gran., N. Y.dol. per lb . 047 Receipts: From Hawaii and Puerto Rico* long tons 4, 8°6 Imports: Cuba* A. ...long tons 21. 539 Philippine Islands* lone tons 2,393 Shipments, 2 portst ....lone tons Stocks, end of month, 2portst-long tons TeaImports^ thous of lb 9, 036 Price, wholesale, Formosa, fine, N. Y dol perlb MISCELLANEOUS PRODUCTS Candy sales by manufacturers.thous. of dol 30, 033 Fish: Landings, fresh fish, principal ports thous oflb 48, 167 Salmon, canned, shipments cases 6, 231 Stocks, total, cold storage, 15th of month f thous of lb 84, 695 TOBACCO Leaf: Exportsf thous, oflb Imports, unmanufactured^..-thous. oflb Production, crop estimate thous. of lb '1,152,076 Stocks, total, including imported types (quarterly) mills oflb-. Flue-cured, fire-cured, end air-cured mills, of lb_. Cigar types mills, oflb-. Manufactured products: Consumption (tax-paid withdrawals)Small cigarettes millions 14, 342 Large cigars. . thousands 489, 293 Manufactured tobacco and snufT thous of ib . 30, 096 Exports, cigarettes thousands. | 371,146 Prices, wholesale: Cigarettes __..dol. per 1,000.. 1| 5.380 Cigars dol. per 1.000 45.996 1,651 1,466 887 1,130 .066 1,431 879 1, 237 1^ 651 27, 204 27, 765 7, 794 941 7, 653 863 1,420 1,474 779 824 1,086 .066 1,472 1,299 28,738 29, 548 7, 669 7,844 988 065 l",539 817 1, 563 954 1,360 854 1,201 692 1,094 1,248 .066 1,409 1,575 .068 1, 496 1,450 .065 1, 444 1,138 30, 650 29, 606 8,116 1, 056 8,128 0) 0) 7, 832 882 7. 846 1,010 755 I 1,076 979 912 775 301,969 313,903 240, 378 241, 580 . 035 .031 .033 . 035 . 036 063 1,"027 995 1, 991 1, 108 321, 986 I 331.296 549 419, 096 . 034 2, 092 460,316 1,150 511 998 437 879 940 .070 947 . 066 1,009 0) 8,108 998 1,886 I .036 | .038 .03< 171,070 274,287 73,641 82,044 69,960 54,844 67, 731 38. S64 00, 223 246. 005 144,017 ! 197,386 I 176,391 315,164 ! 279,852 j 325,379 512,518 370,639 310,543 211 023 17S,176 228. 493 ! 240, 659 I 301, 105401, 669 14, 485 . 056 .052 6,381 1,534 7,666 0 46, 853 9.754 8 0 40, 943 9,951 8, 457 9, 326 .275 .275 27, 886 26, 187 10, 308 .057 . 052 3,981 .053 .049 568 j 904 . 082 1, 016 0) (0 8, 030 903 7,884 1,566 1,375 i .037 158,' 305, < .037 I 390, 794 5,506 15, 021 14,213 17,924 15,919 16,445 j 11,016 2,298 I 0 693 34,026 30,636 15,842 9,352 26,987 0 57, 640 13, 340 28, 707 2, 902 58, 820 13,203 42, 877 9,371 65, 722 11,080 37,988 14, 501 43,725 19,816 41,628 4,602 3'', 5C3 !, 661 1,402 7,867 037 146. 418 ! 111, 968 268, 453 I 103, 264 960 | 545 054 049 1,209 371,268 | 307, 639 4, 867 . 053 .052 3, 710 . 053 . 049 1,174 669 901 .078 1,115 4 375 1)56 052 1, 895 . 053 .052 4,391 j .053 | .048 8, 111 1,015 326, 152 | 406,144 116,556 117,163 13,369 .056 .051 25, 982 1,097 ! 968 055 047 251 668 5, 971 055 047 2,189 17,615 2,108 8,378 6, 067 5,915 8,159 6, 776 5,449 .275 .275 .275 .275 .275 .275 27,030 26,170 22, 584 23, 192 22,123 j 21,399 17, 703 20, 638 12,064 i 17,603 42, 793 33, 368 462, 745 471,448 I 76, 503 66, 540 j 70,156 26,437 359, 188 20,120 490, 638 20,016 436, 976 39, 029 494, 790 43,355 514,664 45,563 325,882 44,351 45,390 565,701 11,195,502 75, 056 64,031 45,129 31, 270 26,102 ( 34,141 46,241 62,578 ! 76,098 67, 793 42, 060 4, 843 3, 781 I! (>) "\ll,206,810 41,929 8,430 35,137 5, 726 13, 877 4, 553 24, 235 5, 883 18. 485 4,120 20,477 5,815 20, 887 5, 793 26, 946 5, 977 13,430 445,976 . 275 i 38, 445 950, 789 52,671 j 60,488 4,943 I 8,470 2,200 ! 2,373 1,772 348 1,949 344 -j 42, 560 273, 242 5,996 6, 312 2,421 1, 714 371 1,949 375 10,774 430,959 12,711 524,399 10, 801 9,841 ! 12,725 | 10,766 | 11,193 11, 869 457,299 j 312,974 j 336,579 356, 624 | 377, 167 411, 606 025 419 369 14,009 452,312 14.801 482. 4^8 28, 984 297, 240 31,916 324, 298 26, 687 393, 886 29, 254 428, 572 28,100 398, 683 29, 474 306,128 31,326 I ?6, 756 380,153 i 452,731 5. 380 45. 996 5. 380 45.996 5.380 45.996 5. 380 5.380 4F> 996 45. 906 5 380 45 996 5. 380 45. 996 23, 096 29, 490 337, 227 385, 525 5.380 45.996 5.380 27,919 30,315 320,394 j 351,679 5.380 I 5. 380 45. 996 FUEL.S AND BYPRODUCTS COAL Anthracite: 87 118 162 120 Exports thous. of long tons._ 141 1.88 80 189 120 101 100 91 Prices: Retail, composite, chestnut! V V 96 12.83 dol. per short ton... 43 Wholesale, composite, chestnut J 9 3?7 9 283 045 9. 981 9. 969 10. 065 9. 721 9. 657 10 10.001 9. 707 dol. per short ton._ 9 45? 10.015 9. 564 4,336 4.279 5, 203 Productionf.. .thous. of short tons.. 3, 764 4. 172 3,160 6. 461 2, 730 4 577 3 94 S 4,620 3,223 3, 681 5. 934 Shipments! thous. of short tons.. 3, 587 2,868 4,116 2, 429 4 274 3,440 4,217 4,865 3 516 2, 917 3,345 x ° Revised. Data not available. • Oct. 1 estimate. / Dec. 1 estimate. fRevised series. For revisions refer to the indicated pages of t n t 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. 1932finalrevision 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. 43 of the May 1933 issue For 1932 revisions of sugar imports and exports see p. 41 of the June 1933 issue. For revisions of exports in 1933. see p. 20 of the September 1934 issue. Revised data on shipments and stocks of refined sugar at 2 ports (for period January 1925-April 1935) are shown on p. 18 of the October 1935 issue. The change resulted from n 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. Revisions on 1935 cold-storage holdings of fish not shown in the October 1935 issue will appear in a subsequent issue. JA Price converted to short-ton basis. Data on a short-ton basis prior to April 1931 were not published. Earlier monthly data were reported on a long-ton basis. Note major correction in data on imports of refined sugar from Cuba, June-November 1934. were shown in the February 3935 issue. •New series. For earlier data, see p. 20 of the August 1934 issue, for receipts of refined sugar from Hawaii and Puerto Rico and imports from Cuba Data prior to May 1934 on imports of refined sugar from the Philippine Islands are not available ^Monthly retail price of coal was discontinued with the month of August 1935. Subsequent to that month the price is reported quarterly. 46 SURVEY OF CURRENT BUSINESS Monthly statistics through December, 1931, 1936 together with explanatory footnotes and references to the sources of the data, may be found Septem- Septem- October Novem- Decem- January ber ber in the 1932 Annual Supplement to the Survey ber ber November 1936 1936 F f^ryU' March April May June July I August FUELS AND BYPRODUCTS—Continued COAL—Continued Anthracite—Continued. Stocks in storage:*. 2,239 2,347 2,127 2,244 Total thous. of short tons.. 1,911 1,217 528 458 369 853 1,240 1,556 1,992 Stocks, in yards of dealers, end of month 64 62 62 35 23 19 no. of days' supply38 31 59 57 77 Bituminous: Consumption: 5,760 4,649 4,539 5,042 4,171 4, 764 4, 990 4, 862 Coke plants thous. of short tons.. 5, 542 5,133 5,472 j 5,509 5,752 Electric power plantst 3,845 2,961 3,143 3,391 3, 437 3,453 3, 365 2. 955 3, 022 2, 859 3,322 | « 3. 767 a 3, 868 thous. of short tons_. 4,789 5,231 5,449 5, 7(i<S 6,078 5,617 5,192 6. 307 5,364 Railroads thous. of short tons.. 4,888 128 91 161 79 101 134 116 96 87 Vessels, bunker thous. of long tons... 122 | 124 134 88 804 902 789 308 457 1, 103 323 321 Exports thous of long tons . 914 1,035 I 1,174 462 I 954 Price, retail composite, 38 cities^ 8.41 8.58 8.57 dol. per short ton.. 8.13 Prices, wholesale: 4.229 4. 237 4. 324 4.337 4. 320 4. 359 4.336 Composite, mine run.dol. per short ton.. 4.303 4.289 4.217 Preparod sizes (composite) 4.498 4.451 4.336 4.508 4. 683 4. 612 4.302 4.528 4.547 4.340 dol. per short ton.. 4.303 4.346 i 4.428 37, 768 33, 404 35, 388 41, 375 39, 330 28, 541 Productiont thous. of short tons.. 37, 200 25, 038 31, 233 30,318 29,300 I 32,054 j 33,240 Stocks, consumers, and retail dealers, end 34, 575 40, 904 39, 553 39,911 29,542 37,017 33, 052 28, 083 26, 596 28, 073 of month thous. of short tons.. 28,753 30,126 \ a 32, 071 COKE 67 54 54 32 44 43 ! 24 Exports thous. of long tons.. 67 58 34 20 62 69 Price, furnace, Connellsville 3.64 3.33 3.61 3. 58 3.58 3.88 3. 58 3.58 dol. per short ton_. 3.58 3.58 3.55 I 3.58 Production: 164 100 119 142 153 84 109 Beehivef thous. of short tons.. 93 111 i 128 3,831 2,833 3,112 3,048 3, 466 Byproductt thous. of short tons.. 3,695 ! 3,718 ! 3, 753 3,364 3,309 3,141 3, 257 3. 866 123 119 108 109 Petroleum thous. of short tons.. 120 | 122 | 113 lOfi 120 108 105 121 Stocks, end of month: 2,034 1, 274 S 130 2,975 3,026 1,444 2,780 2, 110 1,586 Byproduct plants thous. of short tons.. 1, 695 1, 702 1, 986 1,816 i 454 334 427 389 Petroleum, refinery--thous. of short tons.. 367 382 360 382 360 ! 409 399 j 408 PETROLEUM AND PRODUCTS j Crude petroleum: < 85,132 83, 347 83,180 84,992 85, 776 81, 523 85, 286 84, 545 90, 037 Consumption (run to stills)-thous. of bbl—! 89, 003 91,709 i 93,444 2,870 2,815 2,128 2,256 2, 758 3, 161 2, 183 2, 864 Imports# thous. of bbl—! 2, 629 2, 661 2,872 2,591 2.871 .940 .940 .940 1.015 1.040 Price, Kansas-Oklahoma dol. per bbl.-j 1.040 .940 1. 040 1.040 1.040 1.040 1.040 1.040 84,109 88,160 86, 476 88,711 82, 120 88, 820 90, 568 90, 479 93, 739 Productionf§ thous. of bbL.j 90,185 92,078 95, 090 74 73 73 76 74 75 76 73 Refinery operations pet. of capacity,.! 79 80 ox Stocks, end of month: j California: j Heavy crude and fuel oil§ 59, 388 58,518 60, 075 61, 227 62, 802 63, 536 thous. of bbl— 63,341 63,729 63, 792 63,717 64, 382 64, 825 35, 591 34, 981 37, 646 38,944 40, 640 40, 275 Light crude§ thous. of bbl.. 39, 856 39.338 38, 878 37, 856 36, 781 35, 476 274, 568 278,643 270, 906 268, 781 265.195 263, 436 266, 092 268. 560 268, 650 265, 554 262, 013 258, 685 East of California, totalt§.thous. of bbl.. 6 51,751 53, 710 50, 495 49,089 48, 789 47, 686 53,053 Refraeriesfl— thous. of bbl.. 51, 741 53. 989 53, 221 51,691 53, 628 Tank farms and pipe linesf§ 224, 933 222, 817 220, 411 >219,692 216, 406 215,750 214,351 215, 507 214. 661 211,926 208, 792 206, 994 thous. of bbl... 1,243 1,286 1,318 1,149 1,199 995 1,287 1,557 Wells completedf§ ..number.. 1,567 1,654 <• 1, 788 1,566 defined products: Gas and fuel oils: Consumption: Electric power plantsf._thous. of bbl— 1,044 1,166 1,102 1,132 1,093 1.124 975 995 1,014 1,257 1,156 "1,228 ° 1,311 3,366 3,898 3,682 3,773 3,827 3,795 Railroads thous. of bbl_. 3, 878 3,810 3,864 3,811 2,740 2,560 2,329 2, 690 Vessels, bunker „thous. of bbl._ 1,248 2,400 2,590 2,643 3, 005 3,184 3,193 2,992 2,897 Price, fuel oil, Oklahoma, 24-26 refineries .700 .750 .740 .713 .725 .800 dol. per bbL. .756 .800 .800 .800 .785 .763 .750 Production: 22, 652 23, 278 21, 495 25,005 23,751 24, 573 23. 667 Residual fuel oil*f§ thous. of bbl.. 23, 062 23, 925 22,499 23, 144 23,287 Gas, oil and distillate fuels* t§ 9,068 8,885 9,885 11,125 10, 587 10, 262 9, 553 thous. of bbl.. 10, 169 9, 567 10, 323 10, 627 Stocks: Residual fuel oil, east of California*t§ 27, 351 26, 265 25, 509 18,027 22,827 20, 281 17, 529 16, 996 thous. of bbl.. 18, 293 18,506 19, 525 20,379 Gas, oil and distillate fuels, total*§ 24, 272 24,299 23, 263 15, 322 17, 418 19,930 17.031 thous. of bbl— 15, 746 19,910 22, 475 24, 814 27, 645 Gasoline: 41,401 37,862 35, 956 27,216 33, 734 32, 553 35,871 Consumptionf§ .thous. of bbl_. 38,825 42, 007 44,630 <* 46, 638 46, 081 2,195 2,760 2,678 2,946 1,435 2,216 1,404 Exports* thous. of bbl.. 2, 140 2,308 2,368 2,167 2,029 1,755 Exports, value. (See Foreign trade.) Price, wholesale: .173 173 .173 .150 .166 .165 .154 .165 Drums, delivered* N. Y—dol. per gal.. .165 . 165 .165 . 155 .150 .056 .061 .056 .056 .056 Refinery, Oklahoma dol. per gal.055 .060 .060 .060 .060 .060 .060 .059 Price, retail, service station, 50 cities .134 .137 .142 .137 .135 .139 dol. per gal— .143 .143 .143 Production: 3,202 3,574 3, 598 3,196 3,654 At natural gas plantsf§-thous. of bbl— 3,653 3,378 3, 265 3, 275 3,217 3, 355 3,507 37,176 41, 956 40, 260 40,667 39,544 At refineriesf§ thous. of bbl.. 39,817 38, 764 39, 902 41,612 41,951 43, 500 44, 568 Retail distribution (41 States) t 1,174 833 1,093 1,007 1,204 1,091 mills, of gaL. 1,148 1,239 1,324 1,406 1,372 Stocks, end of month: 1, 945 1,743 2,760 1, 645 1,833 At natural gas plants§ thous. of bbl__ 2,442 2, 172 2, 641 2, P46 2,973 • 2, 921 2,753 44,612 31, 328 At refineriesf§ thous. of bbl ' 27,166 44, 361 36,158 45, 799 42, 527 39, 050 35, 062 33, 417 27, 280 28,043 •h Revised. Figures revised to reflect transfers between pipeline and refinery stocks beginning December 1935. t Revised, series. For revisions refer to the indicated pages of the monthly issues, as follows: Consumption of bituminous coal by electric power plants for 1932 p. 42. May 1933; for 1933, p. 42, May 1934. Data also revised for 1934 and 1935. Revisions not shown on p. 43 of the June 1935 issue and p.'46 of the May 1936 issue will appear in a subsequent issue. Bituminous coal production for 1932, p. 42, January 1934. Bituminous coal production revised for 1933 and 1934. Revisions not shown in the May 1935 issue will appear in a subsequent issue. For 1935 revisions see p 46 of the March 1936 issue. Beehive and byproduct coke for 1932, p. 43 of the Dec. 1933 issue, and for 1933 revisions see p. 43, July 1934. Data for 1934 and 1935 also revised, revisions not shown in the .luly 1935 and the August 1936 issues will appear in a subsequent issue. Crude petroleum production, stocks, east of California (total), at refineries aud 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. Dfta also revised for 1934. Revisions for months Dot shown for 1934 on p. 44 of the June 1935 issue will appear in a subsequent issue. Data revised for 1935; see p 46 of the May 1936 issue. Production of I § Data revised for 1933. See p. 20 of the January 1935 issue. For 1934 see p. 20 of the October 193" 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. November 1936 47 SURVEY OF CURRENT BUSINESS 1935 Monthly statistics through December 1931, 1936 together with explanatory footnotes and references to the sources of the data, may be found Septem- SeptemDecemOctober Novemin the 1932 Annual Supplement to the Survey ber ber ber ber 1938 January February March April May June July August FUELS AND BYPRODUCTS—Continued PETROLEUM AND PRODUCTS— Continued Befined products—Continued. Kerosene: Consumptiont§ 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: Consumption!! 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: Importsf thous. of short tons. Production!! 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_ 590 .050 .155 3,892 750 4,520 370 4,724 585 5,081 497 5, 569 473 4, 785 455 4,098 435 3,914 512 4,035 380 3,075 664 3,019 474 3,218 607 .049 4,498 9,238 .049 4,978 9,318 .049 4,878 8,879 . 050 4, 624 7,915 .05! 4.761 . 055 4, 445 5, 784 .055 4,741 5,974 .056 4. 953 6, 496 . 05!) 4, 626 6, 681 . 055 4, 376 7,296 .052 4, 455 8, 228 4,297 8, C90 1,697 1,820 1,576 1, 433 1,520 1, 863 2,197 2, 028 1,969 2,123 1,851 .120 2, 357 .120 2, 463 .120 2, 453 . 120 2,484 .135 2, 515 .139 2,687 .149 2, 768 .154 2, 509 .155 2,626 .155 2,668 6,607 6,612 6,857 7,025 . 120 2, 309 7,127 . 126 2, 204 7,385 7,137 7,044 6,884 6,799 6,620 6,730 7 343 351 12 248 3 203 ! 198 1 179 1 261 1 319 4 377 3 407 1 426 1 491 354 341 377 405 463 526 542 546 488 389 6, 599 1, 396 .049 36,400 39,200 41, 720 40,320 44,800 36,120 42, 280 39, 480 40, 320 38, 920 34, 720 35, 000 131, 560 124, 557 120, 398 114,675 118,636 118,312 119, 684 121, 857 121,416 117,362 418,257 116,888 LEATHER AND PRODUCTS HIDES AND SKINS 26, 255 27,152 28. 264 28, 963 28,116 25, 216 27, 690 27,786 25, 373 25, 056 26, 050 Imports, total hides and skinst#-thous- of lb_. 22,442 23, 013 2,291 2, 035 2.390 1, 354 1,215 2, 336 1,967 1,960 2, 236 2,225 1, 434 2, 015 Calf and kip skins. ...thous of lb_. 1, 0G8 11, !53 13, 498 12. 768 13,063 12,613 10,2% 11,63! 9,429 12,670 11,712 13,145 10, 869 Cattle hides __. ..thous. of lb_. 12,004 6, 492 5,573 6. 042 8, 506 7,911 6, 299 8, 292 5,183 5, 574 6,133 5, 690 6, 452 Goatskins ...thous. of lb._ 5, 024 3,872 3, 265 3,499 4,668 2, 685 4,809 2, 549 4,354 5,827 3,146 5, 989 4,792 Sheep and lamb skins thous. of lb_. 3,521 Livestock, inspected slaughter: 481 465 405 483 525 503 480 517 553 458 531 CalvesA thous. of animals.. 523 541 892 742 763 906 812 956 78f> 853 1,083 1,071 886 928 CattleA thous. of animals.. 1,012 2,874 2,319 2,617 2,422 3, 428 2, 559 2,135 2, 579 1,453 2, 759 2,403 2, 692 Hogs thous. of animals.. 2,254 1,369 1,314 1,374 1,407 1,267 1,765 1, 540 1,549 1, 213 1,593 1, 309 1,352 SheepA thous. of animals.1,395 Prices, wholesale: Packers, heavy native steers, Chicago .150 .148 .146 .130 .130 .157 .154 . 123 .125 .143 .147 dol. per lb — .124 .131 Calfskins, packer's 8 to 15 lbs., Chicago .175 .191 .180 .181 .188 .176 .171 .181 .177 .172 .158 .170 .174 dol. per lb.. Exports: LEATHER 241 144 226 146 210 310 333 410 510 430 368 110 176 Sole leather thous. of lb.. 4,846 5,284 5,121 5,044 5,234 5,107 8,563 3,603 5, 566 4,180 4,787 8,571 Upper leatherf0 thous. of sq. ft_- 5,973 Production: 1,289 1, 134 1,092 1,195 1,002 960 1,051 1,046 1,227 1,253 998 1,199 Calf and kip* thous. of skins.. 1,865 1,924 1, 943 1, 856 1,908 1,957 1,844 2, 062 1,723 1, 657 « 1, 834 1, 693 Cattle hides*f thous. of hides.. 3, 900 3,989 4,393 4, 168 3, 786 3. 757 4,126 4,018 4,562 4,055 3,993 3, 990 Goat and kid*J thous. of skins.. 3,378 « 3, 237 3,135 3, 153 2,824 3,628 3,125 2, 925 4,111 2,849 3,061 2,897 Sheep and lamb*fj thous. of skins.. Prices, wholesale: Sole, oak, scoured backs (Boston) .33 .33 .39 .39 .39 .37 .36 .37 .35 .36 .36 .35 .33 dol. perlb-. Upper, composite, chrome, calf, black, .372 .382 .370 .382 .380 .380 .386 .378 .373 .380 .378 .380 .378 " B " grade dol. persq. ft._ Stocks of cattle hides and leathers (all kinds) end of month: 1 17, 687 17,459 17 735 18, 077 17, 789 17, 797 18,008 17, 786 17,845 17, 851 17, 941 17, 827 Total*! thous. of equiv. hides.In process and finished* 11,188 11, 377 11, 576 11,273 11,402 11,568 11,655 11,734 11,779 11. 874 ' 11, 676 11, 423 thous. of equiv. hides. . « 6,011 6,036 6,547 6,213 6,700 6,606 6,218 6, 142 6,578 6,111 6,067 6, 048 Raw*! thous. of equiv. hides.. LEATHER MANUFACTURES Gloves and mittens: 255, 792 286, 857 253, 795 163 467 »147.776 i 183, 485 1 205,081 »203,126 201, 375 1203, 250 •1220,474 242, 741 Production (cut), total* dozen pairs.94, 725 '82.884 » 109, 573 ' 117,791 U17.320 '121,661 1126, 406 '1139,173 153, 229 142, 230 178, 372 168, 487 Dress and semidress* ..dozen pairs.. 68,742 i 64,892 » 73,912 ' 87, 290 i 85, 806 85, 308 113, 562 108,485 Work* dozen pairs '9.714 i 76, 844 «i 81,301 i 89, 512 Shoes: 65 43 82 106 73 82 103 97 188 112 104 Exports -thous. of pairs.. 149 106 Prices, wholesale: Men's black calf blucher, 5.50 5.50 5.50 5.50 5.50 5.50 factory dol. per pair.. 5.50 5.50 5.50 5.50 5.50 '5.50 5.50 Men's black calf oxford, 4.44 4.50 4.35 4.31 4.50 4.50 4.25 factory ...dol. per pair.. 4.50 4.50 4.50 4.50 4 50 4.50 Women's colored blucher,* 3. 13 3.10 3.10 3.15 factory ..dol. per pair.. 3.10 3. 15 3.15 3.15 3.15 3.15 3.15 3.15 3. 15 °1 Revised. 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. _ Hides from cattle allotted to State relief n", therefore, that a quantity of hides t Data on production of sheep and lamb and goat and kid leathers from 1927-34 have been revised For revisions not shown on p. 44 of the April 1935 issue see 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 ...... manufactures , . . ,the . . TT ,~ . r, . . Census. ~ Data prior to„ July on gloves and mittens cover 234 identical as reported„ .to U. « S. ~ Department of Commerce, Bureau of, .the „_.„ 1934 are not availr able. 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 on p. 47 of the March 1936 issue 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 November i936 19;* 5 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 DecemOctober NoveraJanuary bor ber February March April I May June July August 34,159 8, 223 1,264 14,441 3. 237 2, 726 4, 268 32, 688 8, 027 1,221 13,042 3,154 2, 904 4, 339 29 807 7. 219 1, 031 11 906 2. 476 3. 139 4, 036 29, 007 7,558 1, 309 10, 463 2,307 3,695 3,674 35, 210 8,738 1,556 14,289 3,043 4,484 3, 100 « 40, 225 « 9, 296 a 1, 565 « 17, 509 a 3, 437 a 5,192 66,073 I 90,328 95,230 85, 813 LEATHER ANT) PRODUCTS—Continued LEATHER, MANUFACTURES—Cont. | Shoes—Continued. Production, totalf thous. Men'st __thous. Boys' and youths'f thous. Women'st thous. Misses' and children'st—thous. Slippers, all typest thous. All other footwear! . .thous j of pairs. | of pairs. I of pairs, j of pairs.- j of pairs. | of pairs., i of pairs I 33,909 8,391 1,502 13,275 2,998 4,857 2,887 40, 097 9,527 1,595 16,458 3,336 5,773 3,409 35,948 9,918 1,721 11,813 3,186 6,124 3,185 27,715 8,161 1, 330 7,034 2, 673 5,570 2,947 28, 949 8,440 1, 354 9, 794 2,869 3,277 3.214 32, 420 9.043 1, 267 13, 436 3,292 1, 633 3,749 32,142 8,313 1,130 13, 843 3,007 2,140 3.709 LUMBER AND MANUFACTURES LUMBER—ALL TYPES \ Exports (boards, planks, and scantlings)* • | M ft. b. m..; 82,409 National Lumber Mfgrs. Assn : ± % Production, total ..mill. ft. b. m ; Hardwoods ..mill. ft. b. m_.i Softwoods . _ _ — m i l l , ft. b. m_. Shipments, total mill, ft. b. m . ; Hardwoods ___rnill. ft. b. m. j Softwoods mill. ft. b. ni__ j — Stocks, gross, end of month total: ! mill. ft. b. m |___ Hardwoods mill. ft. b. m 5 Softwoods mill. ft. b. m.. j . . _ Retail movement: j Retail yards, Ninth Fed. Res. Dist.: j Sales M ft. b. m_J 12,842 Stocks, end of month M ft. b. m . J 72,208 Retail yards, Tenth Fed. Res. Dist.: j Sale* _ . - M ft. b. m__j 3,536 Stocks, end of month M ft. b. m__ 31,349 Flooring Maple, beech, and birch: Orders: NPW._ Unfilled, end of month Production Shipments Stocks, end of month Oak: Orders: New Unfilled, end of month Production Shipments Stocks, end of month 81, 752 77,810 83, 258 89, 265 96, 053 89, 904 83,255 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 23 S 1, [-:-.] 1,353 215 1,138 1,467 238 1, 229 1, 587 244 1, 343 1, 688 281 1,407 1,865 253 1,613 1,932 207 1,665 1,891 253 1. 638 1,821 259 1,502 1,896 273 1,623 1, K46 257 1,589 6,967 1,993 4,974 7,121 j 1,943 5,178 ; 7,235 1,935 5,300 7,273 1,915 5,358 7,203 j 7,103 1,905 ! 1, 882 5,298 ! 5, 221 6, 998 1,843 5,155 6, 933 1, 836 5, 097 7,013 7,060 1,832 1,845 5,181 I 5,215 2,374 I 4,329 I 7, 210 77,713 ' 81,490 I 81,851 13,192 72,456 11,827 12,042 77,794 ! 74,909 3,437 32,459 3,840 j 4,137 31,894 i 31,445 3,493 13,159 4,437 5. 528 18.717 5,185 12, 396 4,720 5,818 17,115 5, 056 6, 046 18, 8S4 10, 061 5, 259 5, 964 6,777 j 6,526 15,672 15,902 23,622 28, 564 30. 273 28, 579 61, 655 30, 576 27, 523 32,031 31,617 62,069 29,463 26, 863 32,980 30,123 64,926 32,953 29, 408 30, 872 30, 408 65, 390 28,714 I 14,612 27,331 18,312 32,063 23,629 27, 670 19, 456 83,150 «9,868 70,228 14,125 64,942 8,676 63,137 4, 594 61, 365 2,882 27,902 3,354 28,164 3, 061 27, 708 2.415 28,637 M ft. b. m._ 7,475 M ft. b. m_. 10, 984 6, 247 M ft. b. m . . -_M ft. b. m__ 6,486 M ft. b. m_. 15, 603 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 6,980 5,768 fl, 444 9,368 4,279 4, 263 3, 997 3, 879 21,878 21, 209 5,989 11,303 i 4,123 ! 3,936 ' 21, 077 10,138 16, 456 4,462 5,324 20, 645 40, 671 36, 647 32, 378 33, 432 64,336 19, 459 13.065 19,467 17, 402 54,475 24, 383 14,347 21,642 23, 475 52,843 25,125 19, 925 20,823 19, 547 54,119 25, 064 25. 492 24,203 19, 497 58,825 40, 675 52. 892 21,831 23,081 60,115 19, 381 19,211 43,793 i 33, 521 27,607 I 30, 701 28, 479 29, 483 58, 683 59,961 I ; 3, 677 70,834 10,227 79, 392 2,884 2,168 3,752 ! 4.191 3, 627 29, 794 j 32,009 ! 32, 396 32,143 32, 426 2,055 | i,nf| 1,914 ! 259 | 1, 655 j 7,200 I 1,866 i 5,334 ! 1,990 283 1,706 1, S67 207 1,600 7,358 1, 883 5, 47« | ! M ft. b. m._ M ft. b m._ M ft. b. m._ M ft. b. m._ M ft. b. m_. 30 204 35,301 22, 783 20, 395 61,366 4, 391 15,012 5,439 5, 457 20, 033 Softwoods Fir, Douglas: Exports-.f 22, 677 20,227 26, 952 26.139 24,199 I 19, 542 j 23, 498 40,462 Lumber* M ft. b. m._ 28,920 14,548 21,931 36, 486 23,456 I 19,455 j 12,985 17,577 23,371 Timber — M ft. b. m._ 31,776 Orders: New cf .._-_.M ft. b. m__ 1 Unfilled, end of month J M ft. b. m . . Price, wholesale: (0 No. 1 common dol. per M ft. b. m_. 0) 0) 0) (0 Flooring, 1 x 4 , " B " and better v. g.* 43.00 43.00 45. 00 43.33 dol. per M ft. b. ni-. 42.00 45.00 I 46.00 I 46.00 Production^ ..-._M ft. b. m . . ShipmentScT M ft. b. in__ Pine, northern: 7,722 I 9,912 9,239 I 8, 220 9,942 9, 800 11,462 7, 350 Orders, new M ft. b. m_. 11,228 12. 392 1,803 I 265 779 392 528 3,697 Production M ft. b. m.. 20, 939 16,398 9,322 ' 6.535 8, 219 8, 215 10,956 9,463 Shipments M ft. b. m_. 11, 736 11, 283 10, 119 Pine, southern: Exports: 24,350 24, 999 27, 083 21.9S3 : 18,500 28,913 28,913 ! 22,893 Luirber§ _..M ft. b. m_. 19,9f5 3,516 5,713 | 10,492 Timheri . M ft. b m... 6,587 6, 302 6,184 j 7,506 7,072 ! 10,261 Orders: New M ft. b. m__ 153,794 120,979 143,695 128,825 124 184 mo. 424 \ 125, 758 165,856 I 162,250 90. *89 77, 275 69,962 68,010 72. 930 95. 191 Unfilled, end of month M ft. h. m__ 69, 976 61,029 87,175 35. 75 36. 80 36. 61 36. 67 36.61 37.01 Price, flooring dol. per M ft b. m... 37. 29 36.78 j 37.63 Production.. _ M ft. b. m . . 142,668 125, 132 148,566 134.190 125,928 141.3!/: I 124,541 148,226 355,187 Shipments _ M ft. b. m... 157, 220 120,818 145,970 128,570 105, 743 i21.,632 I 125,416 160,755 170,416 Redwood, California:! Orders: 25,411 29, 593 27,456 i 28,514 New . M ft. b. m._ 34,426 29.579 I 34. 054 32, 979 41, 535 26. 290 27,446 I 31,097 24,819 35,818 ! 44, 489 43, 049 49,143 Unfilled . M ft. b. m_. 33.781 37,318 33. 754 38, 073 33,187 \ 30.369 37, 584 31,318 i 32,185 Production M ft. b. m__ 38,928 27,068 I 24,711 34, 327 35, 562 Shipments.. M ft. b. m_. 36, 390 25, 628 27, 952 25,761 1 23.716 0) I 0 ) I (0 j 45.00 I G) 0) 43. 00 42. 00 9,016 16. 892 11,364 11,570 23, 213 12, 505 10,681 I 10,902 26,037 I 24,217 12,389 i 10,618 21, 487 6, 890 22, 826 6,358 25, 463 5,137 19. 830 4, 224 155, 822 141,349 136, 070 80. 354 67, 772 50, 301 37. 40 37.37 36. 52 158,529 145,342 143,342 160, 440 136,234 142, 184 1 31,157 44.213 37. 703 3*. 207 29, 813 39, 251 38, 700 37, 433 30,003 37,172 35,434 30,992 : j i i 160, 60S 72, 324 36.61 140, 986 140, 057 32,201 30, 608 38,939 33,477 • Revised. * D a t a temporarily discontinued. • N e w series. For data on lumber exports for period of J a n u a r y 1919 to September 1932, see p . 20 of the November 1932 issue. See special footnote below on lumber production, shipments, and stocks. t Data revised for 1932, see p . 44 of the J u n e 1933 issue, exports of Douglas fir lumber a n d timber. Boot and shoe production for 1934, p . 45, M a r c h 1935 issue, for 1935 revision see p . 4>> of the M a r c h 1936 issue. • D a t a revised for 1933. See p . 20 of the September 1934 issue; for 1934 revisions see p . 19 of the December 1935 issue. A N e w series on lumber production, shipments, and stocks compiled by National Lumber Manufacturers' Association a n d represent an estimate of t h e total lumber cut based on monthly reports received from regional associations covering between 80 a n d 90 percent of the total cut in 1934 a n d 70 to 80 percent in 1935. N o comparable figures are available prior to J a n u a r y 1934. ^ Series have been revised for period J a n u a r y 1934-October 1935. These are shown on p. 20 of the February 1936 issue. t Beginning with J a n u a r y 1934 the report includes all known operators; prior to t h a t time approximately 89 percent of 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. D a t a revised for 1933, see p . 20 of t h e September 1934 issue. For 1934 revisions see p . 19 of the December 1935 issue. c? N e w series covering these items will be shown in a subsequent issue. 49 SURVEY OF CURRENT BUSINESS November 1936 1930 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 Septem- Septem- October Novem- December ber ber ber January February March April j May ' June July August LUMBER AND MANUFACTURES—Continued FURNITURE Household: All districts: Plant operations* percent of normal... Grand Rapids district: Orders: Canceled percent of new orders.. New no. of days' production.. Unfilled, end of month no. of days' production._ Outstanding accounts, end of month no. of days' sales.. Plant 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.) 81.0 61.0 62.0 61.0 59.0 60.0 58.0 58.0 59.0 59.0 I 65.0 68.0 74. 0 5.0 23 4.0 15 6.0 14 8.0 15 13.5 3.0 19 9.0 12 10.0 6.0 9 5.0 18 5.0 12 3.5 23 3.C 21 17 25 20 56.0 11 21 25 58.0 60. 5 15 63.5 16 8 13 33 19 16 16 12 18 16 13 30 21 24 24 21 22 22 24 73.0 55.0 56.0 58.0 57.0 57.0 57.0 57.0 13 22 54.0 11 71.1 84.0 83.5 87.5 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 67.5 84.0 83.5 87.5 67.5 84.0 83.5 87.5 67.5 84.0 83.5 87.5 67.5 84.0 83.5 87.5 67.9 84. 0 83.5 87.5 70.4 84.0 83. 5 87. 5 18 12 14 13 11 12 12 11 | 11 METALS AND MANUFACTURES IRON AND STEEL Foreign trade, iron and steel: Exports§ ..long tons.. 235, 764 Imports*^ long tons.- 59, 993 Price, iron and steel, composite* 34.15 dol. per long ton.. Ore Iron ore: Consumption by furnaces 4,027 thous. of long tons... Imports^ thous. of long tons.25S Receipts: Lake Erie ports and furnaces thous. of long tons-. 5,383 Other ports thous. of long tons.. 1,904 Shipments from upper Lake ports 7,481 thous. of long tons.. Stocks, total, end of month thous of long tons-. 31,978 At furnaces thous. of long tons_- 27, 555 4,422 Lake Erie docks thous. of long tons_ Manganese ore, imports (manganese content)* thous. of long tons.. 244, 419 53,158 238, 358 59, 569 205, 242 56, 637 239.269 53,678 241, 56: 50,48! 213, 802 43, 358 264,337 56, 720 301,987 49,277 314, 950 59,391 294, 951 59, 910 296, 738 47, 940 295, 341 60, 697 32.82 32.84 33.15 33.31 33. 34 33.48 33.21 33.10 32. 92 32.79 33.49 33. 88 2,654 165 2,911 114 3,026 158 3,101 138 2,952 154 2,632 125 2,898 132 3,485 177 3,882 199 3, 763 170 3, 826 198 3, 250 1,349 3,162 1,453 1,472 557 0 0 0 0 2, 651 1,409 4, 692 1,931 5, 064 2,148 7,160 7, 444 19,370 i 19, 242 15,240 15, 269 4,130 3,974 1 19 36 23,107 18,017 4,045 25,211 21,194 4,017 28,158 24, 008 4, 150 4,818 4, 601 1, 557 33,469 28, 512 4,957 35,115 29, 756 5, 359 34, 277 28, 964 5,313 16 19 44, 361 46, 552 57.0 40, 194 35. 658 36. 996 44. 7 33, 442 45, 246 43. 467 51.0 40,132 47,778 42,573 44.277 45.598 53.1 I 55.0 41,434 | 43,942 94,140 155 59, 250 104 67, 655 116 19.00 19. 8G 18 00 18 96 18. 00 18. 99 21. 39 2, 730 on -to 1,776 ! on 1.978 b 3, 969 234 5, 120 2,005 0 0 25,809 20, 904 4,904 22, 933 18, 199 4,734 30 21 43,852 48,198 57.1 43,386 38,278 40,611 49.9 39,384 48,008 45, 536 55. 9 46, 823 47,933 50, 954 62.6 51,840 44,136 45,027 55.3 48, 854 42, 848 43, 766 53. 9 46, 489 41, 031 44, 413 53. 3 46,158 45, 179 42, 253 52.0 35, 554 70.095 I 66.825 I 63,660 122 ! 120 117 64, 550 120 68, 395 126 84,915 144 86, 030 146 85, 405 145 83, 720 146 88, 075 148 19 00 19.96 19.00 I 19.00 19.00 19.96 19.96 19.96 19. 00 19. 96 19.00 19.96 19.00 19.96 19.00 19. 96 19.00 19. 9G 19.00 19.80 21. 39 2, 066 21.39 2,106 21.39 1,824 21 39 2, 040 21. 39 2,404 21. 39 2, 648 21. 39 2, 586 21.39 2, 594 21.39 31,342 26,248 5,093 28, 404 23, 434 4,970 19 5,050 29 fron, Crude and Semimanufactured Castings, malleable:* Orders, new short tons~Production short tons-. Percpnt of capacity Shipments . short tons-Pig iron: Furnaces in blast, end of month: Capacity long tons per day.. Number . Prices, wholesale: Basic (valley furnace)~.do!. per long ton.. Composite pig iron .dol per long ton_. Foundry, no. 2, northern (Pitts.) dol. per long ton... Production .-thous. of long tons.. <M 21.39 2,026 Iron, Manufactured Products Cast-iron boilers and radiators: Boilers, range:f Orders: New.. n u m b e r of boilers.. Unfilled, end of m o n t h , totalf n u m b e r of boilers.. Production... n u m b e r of bojlersShipTnents . n u m b e r of boilers Stocks, end of m o n t h n u m b e r of boilers.Boilers, round: Production . thous. of lb... Shipments thous. of l b . Stor'ks, end of m o n t h thous. of lb... Boilers, square: Production . . t h o u s . of l b - . Shipments . thous. of l b . . Stocks, end of m o n t h thous. of l b . . 64,845 83,929 | 64.341 22, 300 | 25 644 ! 25,647 61,«08 I 84,328 I 63.500 66,051 80,59! I 64.338 37.753 41,490 I 40,652 : 4,121 | 6,879 ! 38,361 i 6,467 9.485 35, 389 55,136 i ! i i 70,890 | 62,143 31,999 25, 545 57,723 05,409 48,726 j 77,344 49.625 I 37,690 57,6?I r ? > 3S2 63 f"* ' 01 J_~ 62, *oo | 41,012 , H >>2 177 77} 45, i 3, 784 4, 957 34.377 17,487 20,906 ! 27,425 20, 325 31,761 | 41.380 126,889 ' 115.096 i 112. 592 3, 287 4.018 33,644 2,977 3 343 3,120 2 I3~ 34, 106 i 3 0 r j 18,941 i 17,599 10,330 I 13,786 114,019 ! 114,696 i 11" 2) 3> 12* 2A 41 S IS 1~Y I1 12* i*/" 2 7 1 * N e w series. D a t a on furniture activity, all districts, prior to April 1933 not published. For i m p o r t ul <r >n uw' M u stt ,> , \o\f,r her malleable castings, p . 20 of the April 1933 issue. N e w series on iron and steel composite price was shown on p i(> of t h t I n u r< i' ^. § For 1032. 1033, and 1934 revisions, see p . 45 of the June 1933 issue, p . 20 of the September 1934 issue, and \ 19 r f tht Dt «.e in er 1QJ i ^ u e r< \ u f ivc'y t Revised. Data prior to April 1933 n o t published on plant operations. For range boilers, see p . 20 cf the Ju!> 1934 issue. * I m p o r t s from Cuba n o t included. * See footnote on p . 37 of this issue. F o r 1933 e n d 1934 revisions, see p . 20 of the October 1934 issue a n d p . 20 of the December 1935 issue, respectively. *| Distribution of unfilled orders of deliveries of 30 days or less a n d deliveries of more than 30 days has been discontinued by the reporting source. i i_ _ > >stiP f( r 50 SURVEY OF CURRENT BUSINESS November 1936 1930 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 December epte rube r METALS AND January February May April June July ! August MANUFACTURES—Continued IRON AND STEEL—Continued Iron, Manufactured Products—Con. Cast-iron boilers and radiators—Continued Boiler fittings, cast iron: Production short tons Shipments short tons Boiler fittings, malleable: Production ?hort tons Shipments short tons Radiators: 8,211 9,613 5, 860 6 330 7,451 8, 454 6, 835 6 620 5, 589 4,248 5, 730 5. 194 5,107 5,217 5, 721 5, 325 6 032 5 940 5. 768 5,923 5,981 6,132 6.414 7, 090 7 160 9, 529 5. 200 5, 454 3. H27 3, 392 4, 102 4, 670 4, 532 4, 357 3. 794 2. 503 3, 970 3, 393 3.982 3,475 3,817 3 663 4, 296 4 9 01 4,196 4,442 4,173 4 202 4, 233 4, 404 4,225 5 697 thous. of sq. ft. heating surface.. Shipments thous. of sq. ft. heating surface. 7,917 5,U37 j 7,430 5,037 4, 706 4,733 4,951 5, 046 6,345 6,253 5,931 6,821 7.487 9, 190 7,701 10,055 6,616 5.413 4, 183 3, 086 2,720 3, 549 4,175 5,590 8,027 7,785 thous. of sq. ft. heating surface.. Radiators, convection type:* New orders: Heating elements only, without cabinets or grilles thous of sq. ft. heating surface?... Heating elements, including cabinets and grilles thous. of sq. ft. heating surfacej.. 38, 210 33,853 31,493 30, 000 29, 420 30,243 32, 224 34, 779 36, 997 40, 368 40,179 39,223 39, 246 106 59 114 113 60 145 62 63 51 74 84 101 140 448 187 231 170 130 136 121 117 202 233 349 441 415 341,770 312,007 UK), 018 362, 580 326, 585 407, 886 464,176 408, 402 387,233 292, 770 283.996 393,481 266, 574 216.910 488, 747 300, 108 254, 473 526,, 039 370, 732 335. 338 553,141 447, 533 386, 783 587, 891 212.31 212. 19 212.11 221. 80 221.80 Sanitary Ware 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, t o t a l . . dollars... Signs dollars . Table tops dollars.. Shipments total dollars Signs dollars.Table tops dollars.. Porcelain plumbing fixtures: New, netnumber Unfilled, end of month number Shipments - number Stocks, end of month -.number Vitreous-china plumbing fixtures: New, net number Unfilled, end of month number Shipments _ number Stocks, end of month.--number 221.9". 207. 70 207. 80 208. 13 208.18 «209.50 212.25 ,119,743 235,017 •522, 997 213.599 245, 107 830.241 243, 535 222, 447 937, 394 257, 005 258, 369 949,349 218,000 298, 499 816,050 236, 380 195,795 817,866 249, 153 195, 707 751,629 191.827 236, 173 676, 656 196,287 169,096 773. 108 283, 239 197, 974 666, 820 172,813 194, 726 786, 380 223.994 196,817 727. 162 1P9, 453 187, 073 1,192.520 316, 116 338, 500 6 487, 942 6 466,171 h 522, 025 212. 10 877. 598 1,088.105 1,005,791 206, 115 265.338 265, 199 154,291 238.447 187, 662 908, 433 J ,076,233 1,002,735 220, 427 315,556 281, 205 176, 295 205, 747 189, 980 951, 022 1,027,198 1,105,921 257, 132 284, 068 210,834 294,' 246 355, 827 978, 254 1,055,713 1,087,682 284, 574 298. 549 285, 935 234, 884 310,063 310, 583 (2) of pieces._ (2) 2, 864 3, 095 2,158 1,594 2, 529 2,288 1, 692 2,441 2,526 3,793 (2) of pieces._ of pieces.. of pieces.. t 8 3, 339 3, 026 6, 635 3, 583 2,713 6, 685 2, 763 2, 746 6, 874 1,912 1,935 7, 268 2, 722 1. 597 7, 836 3,227 1, 730 8, 595 2, 753 2, 068 8, 962 3.053 1,896 9, 515 3,251 2, 195 9, 683 3,924 3, 034 9,270 8 (2) \ (?) 2 of pieces... (2) 179, 928 132, 378 132, 867 139,596 373,413 204, 249 165, 624 143, 323 157, 807 (2) (2) 2 175, 140 241,678 359, 308 117, 289 190,229 424, 242 112,621 137, 535 516,677 128,020 124, 197 629, 750 281. 827 219,606 645, 898 256, 377 229, 699 642, 893 194,337 227, 664 674, 282 168,820 168,840 738,580 158,380 167, 367 826, 989 (2) <!> (2) (2) 41, 049 34,439 47, 301 33. 670 32, 285 35, 097 27, 917 31.378 33,512 36, 232 4.1,178 44, 382 , 56, 877 47.7 10, 686 76, 617 04. 2 34, 304 29, 995 25.2 5,616 35, 411 29.7 10, 568 34, 553 29.0 8, 201 42, 597 35. 7 12, 347 32,714 27.4 7,071 36, 165 30.3 10, 024 40,529 34. 0 13.919 37,793 31.7 10,076 59,019 49. 5 22, 542 44. 298 37.1 13.373 51, 701 43.4 16, 650 47, 954 40.2 15, 830 71,34.1 59.8 32, 542 51, 674 43. 3 17, 385 83,188 69. S 45, 942 63, 087 52.9 24,712 63,950 53. 6 25, 755 64, 246 53. 9 25,857 94,345 79.1 52, 466 70, 323 59.0 30, 802 4,101 73 2,825 51 3,143 53 3,150 55 3,073 56 3,046 5L 2,964 54 3,343 59 3, 942 69 4, 046 3,985 70 74,011 i 59,393 62.1 ! 49.8 21,455 34,443 78.H54 i 81,574 j 68.4 on. o ; 36,826 34, 858 3, 923 j 4,195 09 ! 74 of pieces.of pieces. of pieces. ( ) (2) (2) m (2) () Steel, Crude and Semimanufactured Bars, steel, cold finished, shipments short tons.. Castings, steel:*A Orders new total short tons Percent of capacity. Railway specialties short tons.. Production, total short tons. Percent of capacity Railway specialities short tons.. Ingots, steel:§ Production thous. of long tons.. Percent of capacity Prices, wholesale: Composite, finished steel dol. per lb. Steel billets, Bessemer, Pittsburgh dol per long ton_. Structural-steel beams, Pittsburgh dol per lb._ Steel scrap, Chicago dol. per gross ton... U. S. Steel Corporation: 1 71 39,931 .0241 .0243 . 0243 .0243 .0243 . 0243 . 0243 .0237 .0236 . 0236 . 0236 . 0243 | . 0243 30.40 27.00 27. CO 28.00 29.00 29. 00 29. 00 28. 20 28.00 28. 00 28.00 30. 00 30. 00 .0.190 16. I', ,0180 12 50 .0180 12. 50 .0180 13.00 .0180 13.35 .0180 13. 38 . 0180 14.19 . 0180 14. 75 .0180 14.34 . 0180 12.88 .0181 [ 12.85 . 0190 13. 38 . 019C 15.19 13 470 614,933 ! 686,741 ! 681,820 20 418 661,515 721,414 676,315 17 665 783, 552 979, 907 984,097 29, 227 886, 065 950 851 853, 986 725,748 620. 571 532, 433 790, 057 535, 514 38.9 58.9 1 40. 2 530, 433 791,469 537.947 38,001 i 36,589 ! 34,156 341.693 47S,592 36. 0 480,018 31,830 400. 608 349, 752 479.873 476. 465 35. 6 35. 9 478, 588 i 471. 481 29. 171 34, 155 341,248 578, 705 43. 3 577. 240 35, 260 299.745 400,184 650,028 ! 636.449 47.5 48.5 658, 6r>7 643,841 19, 599 26,991 452. 386 626, 599 46.8 627, 065 19,133 449,838 1 427,583 077, 402 ; 515.380 50.6 1 33.4 672, 974 518,795 23, 621 { 20,206 30, 193 Shipments, finished products*, long tons... 961,803 : 9.3,703 Steel, Manufactured Products Barrels, steel: Orders, unfilled, end of m o n t h . . . n u m b e r . . I 456,682 Production number ! 697,783 I 51.9 Percent of capacity Shipments number. I 694,331 Stocks, end of month .. number.-. i 23,658 a b ! Revised. Data covering non-vitreous clay, recessed and •mnehnblo accessories not included. Discontinued by reporting source. * 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. X In equivalent direct radiation, f 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. A Steel casting series reviser] January 1935 by the increase of the number of companies from 164 to ISO; 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; for 1935, p. 50 of the June 1936 issue. 51 SUEVEY OF CUREENT BUSINESS November 1936 1936 Monthly statistics through December 1931, together with explanatory footnotes and references to the sources of the data, mav be found Septem- SeptemDecem- January October Novemin the 1932 Annual Supplement to the Survey ber ber ber ber 1936 February April March May June July August METALS AND MANUFACTURES—Continued IRON AND STEEL—Continued Steel, Manufactured Products -Con. Boilers, steel, new orders: Area. _ thous. of sq. ft.. Quantity. ... number of boilers.. Furniture, .steel: j Business group: Orders; New thous of do] Unfilled, end of month thous of <ioi Shipments.... thous. of dol Shelving:^ Orders: New thouy. of do! Unfilled, end of month, thous. of dol Shipments. thous of dol Safes: i Orders: New thous. of dol Unfilled, end of month, thous of dol Shipments thous of dol Lock washers, shipments thous of dol Plate, fabricated steel, new orders total short tons Oil storage tanks short tons.. Sheets, black, blue, galvanized, and full fin Ished: Orders: New ... short tons Unfilled, end of month short tons.. Product ion, total. short tons Percent of capacity ... Shipments short tons Stocks, end of month, total short tons Unsold stocks short tons. . Tin and terneplate:* Production. thous. of long tons.. Track work, production... ... short tons.. 1, ('50 1,232 575 829 784 787 464 587 685 595 623 634 810 705 590 594 784 687 723 721 1,131 1,049 1,110 1,090 1,075 1,136 1, W-7 1. 033 1, 5.'0 1, 393 980 1,361 1,618 1,036 1, 562 1, 507 945 1,591 1. 520 908 1, 558 1,619 940 1,5*6 1, 427 882 1, 484 1, 667 964 1, 586 1, 583 913 1, 634 1,514 975 1,451 1, 565 1,070 1,470 1,511 918 1,511 1,517 996 1,439 433 394 425 336 210 342 348 212 346 323 206 329 370 196 379 389 243 342 325 198 371 419 235 382 378 229 384 414 262 381 448 294 416 394 358 393 448 386 420 178 220 191) 172 281 159 235 200 277 205 246 188 285 180 261 182 255 205 206 203 169 176 255 189 173 185 219 227 190 210 232 251 197 244 313 228 318 207 251 224 216 226 246 204 208 205 267 205 204 209 199 34, 302 9, 446 31, 105 3,531 30, 530 5,850 19,116 2,617 35. 584 9,341 38, 709 3,354 27, 830 5 940 29, 787 3,620 29,900 5,678 51, 257 9,311 51, 999 21,861 60, 324 9,968 '31,999 255, 557 287. 74fi 213,700 204, 285 137, 55!i 71,367 196, 423 198, 424 190,701 63. 0 176 897 142,922 76. 681 226. 209 211,452 222, 963 73.5 220. 536 146, 306 83, 200 289, 101 286, 799 224, 541 74. 1 213.453 149, 122 81. 597 203,318 299, 394 208, 774 68.9 195.077 149,213 74, 516 174, 805 267, 673 223,000 73.3 207, 437 152. 283 84,037 138, 244 231 660 191 359 >2.9 175 702 168, 572 86 971 251,818 280, 493 207, 820 68.3 209, 673 141,916 70, 648 190, 269 221.950 217, 975 71.6 252, 441 124, 239 65,783 191,511 217, 831 224, 056 73.6 210,127 138, 510 72, 333 261, 439 276, 551 210, 448 69.2 203, 853 136, 605 75, 912 192, 873 263,531 217,651 71.5 213,372 138, 884 72, 603 207, 781 237, 029 202, 456 66.5 197,156 141, 328 79,451 5, 722 2,962 3,495 3,090 3,025 3, 366 4 116 6, 258 7,031 7,314 6, 507 6,216 6, 401 0) 1,359 60 586 713 1,713 96 596 1,021 1, 833 170 854 809 1, 958 135 673 1,151 0) 0) 0) 0) 0) 0) 690 715 954 561 0)1 C) (^ 571 711 245 1, 475 471 194 1, 166 503 392 1,082 476 386 1,194 274 626 1,700 217 349 1,676 373 363 1, 723 317 128. 5 144.5 124.7 140.0 164.7 119.7 100.4 119 2 145.2 118.1 90.8 147.6 127.0 107. 5 110.4 110.4 130.4 114.5 765 648 729 565 7,275 1,487 7, 436 13,437 7,139 1,531 7, 095 14, 057 MACHINERY AND APPARATUS Air-conditioning e q u i p m e n t : ! Orders, new total thous. of dol . Air-washer croup . . t h o u s of dol. . Fan group thous. of dol... Unit heater croup - . _ . t h o u s . of dol. Electric overhead cranes: Orders: New thous. of dol... Unfilled, end of m o n t h thous. of dol Shipments. thous of dol... Electrical e q u i p m e n t . (See Nonferrous metals.) Exports, machinery. (See Foreign Trade.) Foundry equipment: Order's: New 1922-24 = 100 Unfilled, end of m o n t h 1922--24 = 100.. Shipments 1922-24 = 100.. Fuel e q u i p m e n t : Oil burners:*! Orders: New no. of b u r n e r s . . Unfilled, end o f m o n t h . n o . of burners Shipments no of b u r n e r s . . Stocks, end of m o n t h no. of burners._ Pulverized fuel equipment: Orders, new, storage system: Furnaces and kilns, no. of pulverizers.. Water-tube boilers, no. of pulverizers Orders, new, unit, system: Fire-tube boilers.. .no. of pulverizers. Furnaces and kilns no. of pulverizers.. Water-tube boilers.no. of pulverizers. Stokers, mechanical, new orders:^ Class 1, residential. number.. Class 2, a p a r t m e n t and small commercial number . Class 3, general commercial and small commercial heaters number., j Class 4, large commercial: i Number | Horsepower. i M a c h i n e tools:* j Orders: New* avg. mo. shipments 1926=100. Pumps: Domestic, water, shipments:! Pitcher, hand, and windmill units. Power, horizontal t y p e . units. Measuring and dispensing, shipments: Gasoline: Hand-operated ..units Power units. Oil, grease, and other: Hand-operated units.. Power units" 0) 983 1,013 161.0 162.8 150.5 34, 3, 35, 16, 893 092 025 444 29, 090 3, 807 27, 143 11,631 0 0 0 0 0 10 12 15, 040 24, 2, 25, 12, 7, 1, 7, 15, 0) (0 948 576 1,059 564 1,106 626 1, 336 763 (0 (0 () () 1,154 871 572 2,026 277 889 2,641 268 281 2,242 680 404 2,085 566 539 2,208 416 115.0 134.0 94. 4 123. 2 124. 0 105.1 165. 4 142.6 146.7 141.4 130.8 153.0 159.6 144. 5 145. 7 145.4 152.1 137.2 9, 235 2,034 8,732 15, 090 10, 373 2, 365 10,042 16,901 12, 578 2, 739 12,204 18,794 15, 788 4,078 14, 449 19, 221 16,183 3, 041 17, 220 21,542 22,102 4,224 20,919 23, 578 (0 088 108 657 047 9, 553 1,612 10, 049 14, 101 0 0 0 0 0 0 2 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 1 0 16 33 1 13 20 7 5 17 1 6 16 1 3 24 2 3 13 1 2 7 6 11 31 0 2 2 3 29 8, 687 8,777 4,287 3,078 2,065 2,342 2, 376 38 25 2,745 3,547 615 683 359 281 187 167 130 268 499 75, 106 272 268 145 108 84 71 40 345 55, 260 310 61,031 213 34, 849 196 34,166 161 27, 297 126 25,120 132 24, 775 118.5 80.0 102.9 9a 3 110.8 112.1 05.3 46, 688 820 30,014 782 21, 775 915 22, 358 681 19, 493 613 39, 221 772 35, 621 659 41,192 964 40,004 908 41,259 1,229 867 9, 309 662 5, 121 564 5,491 583 4, 785 592 4, 901 426 4,517 569 3,992 599 5,226 851 8,703 798 8,923 805 0) 130 44 152 43,080 125.7 i 123 60 183 36, 935 4,381 199 76 242 49, 376 21 5,488 316 148 336 67, 218 8,433 492 198 434 80,268 127.5 118.9 I 128.8 59,217 1, 320 54,932 1,377 757 574 9,325 8, 774 9,916 11,855 964 I 1,097 680 8,959 51,484 1,198 8,013 4,401 I 9,492 9,720 I 10, 332 1,172 844 1,110 881 I 1,259 ' Comparable data not available. See the regular monthly report of the Census Bureau for detailed data on this industry. ° Kevised. * New series. For earlier data see p. 20 of the December 1932 issue for tin and terneplate and p. 20 of the July 1934 issue for machine tools (including forging equipment). Current oil-burner series, available only back to January 1933, are based on reports from 160 concerns. f Revised series. Data on air-conditioning equipment revised starting January 1933; see footnote on p. 48, April 1935. The revisions for 1933 will be shown in a subsequent issue. t Oil burners revised for 1934 and 1935, to exclude data erroneously reported. See p. 51 of the April 1936 issue. Data for 1933 and 1934 will be shown in a subsequent issue. A Revised data on steel furniture shelving for years 1932, 1933, and 1934 will be shown in a subsequent issue. 1 Revised series on mechanical stokers, see p. 48 of the April 1935 issue; domestic pumps starting January 1934, see p. 49 of the April 1935 issue. • Series covering shipments and unfilled orders temporarily discontinued 8, 468 959 7,631 956 7, 963 1, 178 8,166 699 5, 993 823 5, 678 966 52 SURVEY OF CURRENT BUSINESS November 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 METALS AND MANUFACTURES—Continued MACHINERY AND APPARATUS—Con. Pumps—Continued. Steam, power, and centrifugal: Orders, new thous. of dol.. Water-softening apparatus, shipments^ units.. Water systems, shipments J ^ units.. Woodworking machinery: Orders: Canceled ..thous. of dol._ New thous. of dol.. Unfilled, end of month thous. of dol.. Shipments: Quantity machines.. Value thous. of dol._ 931 615 658 954 14, 704 683 1,560 812 1,946 152 819 11 281 422 2 404 441 9 311 404 520 462 12 449 538 3 412 581 5 417 632 7 377 610 9 439 604 9 445 597 12 474 ! 610 j 16 571 657 358 490 170 302 249 373 241 383 188 419 190 361 201 365 224 358 217 383 247 444 267 j 445 280 ! 439 I 300 494 22, 836 .1198 17,960 .1219 16, 246 .1251 14, 534 . 1263 24, 439 . 1263 24,251 .1260 18, 997 .1257 19,938 .1263 21, 685 .1257 28,003 .1207 2, 654 678 1,977 2,002 384 1,618 2,294 650 1,643 2,113 613 1,500 1,954 469 1,485 2,510 546 1,964 2, 013 524 1, 489 2,064 453 1,612 2,414 549 1,865 22, 282 12,939 20, 275 24, 327 23, 095 .0897 25, 592 22,104 20, 772 27, 456 20,118 25,255 .0903 ! .0903 17,438 16,427 16, 700 11,310 19, 683 15, 700 .0953 20, 050 22. 239 21, 087 .0850 . 0917 .0928 2,970 28,599 2,628 27. 847 3,006 31,412 7, 977 29, 535 2,950 30,547 4,540 719 1,039 1,044 j 754 9,856 737 6,371 I 666 715 I 8 , 1 2 5 | 7,195 1,068 ! 980 10, 364 1,066 1,029 ! 1,049 ! 1,175 1,303 1,052 j 845 I 16, 714 ] 16, 740 1,031 ! 1,014 11,496 j 13,106 1,016 14, 410 NONFERROUS METALS AND PRODUCTS Metals Aluminum: Imports, bauxite# ...long tons._ Price, scrap, cast (N. Y.) dol. per lb__ Babbitt metal (white-base antifriction bearing metals): Productiont thous. of lb_. For own use thous. of lb_. Salesf thous. of lb._ Copper: Exports, refined* .short tons.. Imports, total§ #._ short tons.. Ore and blister. short tons.. Price, electrolytic (N. Y.) dol. per lb._ Lead: Ore: Receipts in U. S. ore ..short tons.. Shipments, Joplin district...short tons.. Refined: Imports! ..short tons.. Price, pig, desilverized (N. Y.) dol per lh_. Production short tons.. Shipments, reported.._ short tons__ Stocks, end of month short tons.. Tin: Consumption in manufacture of tin and terneplate* long tons.. Deliveries long tons.. Imports, bars, blocks, etc.# long tons.. Price, Straits (N Y.) dol. per lb_. Stocks, end of month: World, visible supply long tons.. United States long tons.. ZincOre, Joplin district: Shipments short tons.. Stocks, end of month short tons.. Price, slab, prime, western (St. Louis) dol per lb_. Production, total (primary) t..short tons.. Retorts in operation, end of mo.-number.Shipments totalf short tons. Domestiet shor/ t ons. Stocks, refinery, end of monthf-short tons.... 382 1,440 1,774 31, 648 8, 639 12, 573 14,749 12,935 .0903 19,313 16,723 29,464 3,183 28,195 6,467 . 0903 29, 341 4,550 nnn 1,217 7 4 ' '| . 0450 .0450 .0452 37, 958 34,088 32, 221 42, 333 34,590 33, 086 222,306 i 224,013 i 225,010 521 41,043 { 29,113 .1188 I .1165 2,312 ! 420 i 1,893 | 2,374 495 1,879 2, 540 563 1,976 2.495 '772 1,723 23, 969 i 21, 703 14,671 17 24, 249 14, 277 .0928 . 0935 718 2,967 . 0460 36,175 40, 457 220,991 . 0460 39,558 33,125 229,409 2,400 5,600 6,525 .4792 2,350 5,520 6, 104 .4799 2,850 6,235 4,994 .4694 3,300 5, 235 5,493 .4630 13, 425 1, 389 15,049 I 13,782 13,338 I 15,607 1,472 ! 2,312 2,985 j 3,523 16, 074 3,968 13, 328 2,713 15, 967 2,941 14,260 ! 3,054 I 36,436 25, 409 34, 736 23, 093 48,579 40,889 | 35,200 36,770 25,344 I 21,000 I 24,900 I 25,130 38, 640 26,930 40, 060 28,070 , 0467 36, 221 34, 870 42, 351 42,351 106,316 . 0483 36,716 34, 777 47. 063 47. 003 95,969 .0485 37.469 36, 650 48, 172 48, 172 85,260 .0490 42, 483 37, 922 38, 159 38, 159 79, 841 . 0490 43, 252 41, 400 42,311 42,311 80, 782 .0441 29, 358 37,615 224,992 .0451 37, 844 42, 271 225. 309 3,300 6,200 5, 626 .4474 1,790 5, 360 6,773 . 4907 1,890 5, 355 4,095 .5121 13, 587 2,860 11, 939 2,849 35, 780 30, 590 .0485 42, 283 40,672 51, 847 51,847 76, 630 .0450 36, 229 43, 035 222, 636 2,120 4, 035 4, 700 .5188 I 2, 350 5, 360 6, 287 .4977 2,300 6,635 6,646 .4724 | | I | .0485 i 40,550 | 38, 329 42, 058 42,058 83,758 \ .0485 \ 41,917 38, 205 46. 468 46,418 9, 207 . 0486 36, 228 38, 004 39.918 39, 918 75, 517 1,369 | 2,258 I 3,903 I 139,012 ! ....| 2 946 .0953 31,828 i 34,137 i 31,314 3,500 5,880 | 3,180 .0460 32,184 36, 743 223, 388 .0460 29, 788 50, 685 200, 517 40,506 .1163 1,027 j 1,192 2,997 .0460 I .0460 j .0460 36,756 I 36,863 ! 31,117 37, 736 38,996 I 46, 388 230,481 231,081 ! 218, 233 I 3,260 7,120 6, 674 .4297 3,050 5. 385 6. 069 .4257 13, 795 2,151 15, 295 3,095 40,900 33, 560 29,420 I 22,060 39, 240 41, 270 35, 810 37,180 . 0490 44,905 41.048 43,977 43, 977 81,710 . 0488 44,947 j 40, 700 ! 41,654 I 41,654 85,003 . 0480 43. 614 41,308 46, 085 40, 085 86, 10 \ 3,520 J 7, 795 8,134 .4222 i .0478 ! 45,553 I 41,308 j 41,891 j 41,891 ! 88,065 Electrical Equipment 2, 055 1,609 1, 903 Furnaces, electric, new orders.. _ .kilowatts.. 3, Electrical goods, new orders^ (quarterly) | 143,132 thous ofdoL. 1S9, Laminated phenolic products, shipments 832, 902 1,061,285 j 878, 041 dollars... 1,116. Mica, manufactured: Orders, unfilled, end of month 179 109 174 119 thous. of dol._ 201 187 233 172 Shipments. thous. of d o l . . Motors (direct current): 400. 201 374,020 348,042 Billings (shipments) dollars. 454,450 415,013 405.107 Orders, new dollars... Panel boards and cabinets, shipments 285 i 338 t.hous. of doL. Porcelain, electrical, shipments: 238 79, 377 101,108 Special . dollars. _ 94, Wt 41, 240 34,737 r. Standard.... . dollars-.. 43, iu:{ 455 332 | 355 Power cat'les, shipments-.... . t h o u s . of ft.. Power switching equipment, new orders: JO 43.435 Indoor .' d o 11 ar s. _ 75,;:oo 46,781 Outdoor.. dollars,. 222, N32 102,710 I 127,347 i 83,002 71, 003 87 Sll 2S9 Reflectors, industrial, sales ..units III* 40 030 53, 022 : 43,706 Refrigerators, household, sales* number... Vacuum cleaners, shipments: 85 810 Floor cleaners..... . . . n u m b e r ^ 104, 944 78, 343 H a n d - t y p e cleaners* number.. 39. 118 27, 478 i 20! 047 20 20! !,992 3,246 : j i 153,452 3,637 ; 3,631 | 2,202 j 4,301 .; 190,598 ! j j 813, 455 j 826, 393 I 844, 374 | 924, 238 1,004,258 11,145,695 .1,135,858 i 1,141,135 ' 1,074,052 135 ! 178 . 571, 750 , 025.70V. 4S1 45-1! ( 0 1 30-, 143 I 210 ! 113 .153 533, Mi. • 421914 GI2, , 5S5 ! 518, 357 710 132 2M-J '2i.o;-,3 OM. 371 146 1 M3. o o o (0MJ17 r-it. sic c ,i?, ."17 302 ! 01 \ ii02 < i ' 1 10, l\i i SI, ^,7 1 . V, 703 41. f:i7 01, 522 07 11-J 74 733 24 1:00 000 27 001 44'J 0", ;,70M 1 Vi. ?, \ .>100 ()! 1 17U,o;,o J30 < ,9 037 228 4()b OS OH) 2i 1 250 ill 0!7 304 80. Ubl . lit001 ' 1015,'O 700 H'\J."7 00. 7(/} • L -7^2 3"), ''•1 ail'1, ^;!i;f 10). 275 ««u;i{» 75s* i"'->!<»74 H,."! 21" •''', <.J1 1 71. i ^ N ) . 2.'.r 1 N . ! 1 Revised. New series: For earlier data, see p. 20 of the December 1932 issue, for tin and terneplate; p. 20 of the July 103') issue, electric refrigerators; and p. 20 of the August 1034 issue, for band-type vacuum cleaners. for Babbitt metal revised for the period January 1932-December 1035: see p. 20 of the July 1936 issue. For 1933 revisions on zinc see p. 49 of the January 1934 t, Data for 1034 see p. 49 of the February 1935 issue; for 1035, see p. 52 of the February 1030 issue. issue;t Present series on water systems cover 52 companies • For revisions for 1932, s^e p 48 of the June '033 issue; for 1933. p. 20 of the September 1034 issue; for 1034, p. 19 of the December 1035 issue. § Data for 1932 revised; for 1932 revisions, see p. 48 of the June 1033 issue, total imports of copper. # See footnote on p. 37 of this issue- Data for 1933 revised; see p. 20 of the October 1034 issue. For 1034 revisions, see p. 20 of the December 1935 issue. i Revised series on water systems starting January 1934; see p. 40 of the April 1935 issue; for earlier data on new orders for electrical goods, see p. 19 of the August 1933 Issue. New series on water-softening apparatus revised starting January 1933; revisions for 1933 will be shown in a subsequent issue. 53 SURVEY OF CURRENT BUSINESS November 1930 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 1936 Septem- Septem- October Novem- December ber ber ber January February March April May July June August METALS AND MANUFACTURES—Continued NONFERB.OUS METALS AND PRODUCTS—Continued Electrical Equipment—Continued Vulcanized fiber: Consumption Shipments Welding sets, new ordersrA Multiple operator Single operator tbous. of lb__ i 2,185 thous. of do! _ j 517 i units.. | _units.. Miscellaneous Products 1,423 I 420 j 0 480 1, 782 509 2,112 440 1,718 387 1,781 455 7 430 0 467 0 643 2 1,635 417 1,830 492 2,129 470 2,248 471 2,116 489 !, 179 525 2,210 485 oiu 2 1,048 1 1,073 5 830 0 881 0 931 0 854 5,645 5,897 6,012 5,747 5,996 6, 339 6, 379 j I Brass and bronze (ingots):® | 5, 944 5,195 6, 294 Shipments and deliveries net tons.. I 6, 783 Brass, plumbing: ! Shipments*t number of pieces.-11,561,410 1,195,230 1,388,845 1,131,066 Brass sheets, wholesale price, mill I .142 .145 .146 dol. perlb.. .155 Copper, wire cloth: Orders: j 424 439 New thous. of sq. ft I 455 527 560 483 Unfilled, end of month..thous. of sq. ft ! 528 384 442 375 Production thous. of sq. ft. j 433 396 440 359 Shipments __.thous. of sq. ft I 442 74] 725 Stocks, end of month thous, of sq. ft. _ j 740 788 5,894 916,783 5,948 240, 615 1,155,921 1,210,393 1,275,836 1,274,888 1.345,454 '1,502,900 1,428,850 .146 .146 .146 .146 .148 .151 .151 .152 .154 386 505 378 395 695 418 628 447 398 689 370 495 406 416 689 413 516 424 411 369 412 450 439 702 416 441 387 386 706 408 500 413 379 740 384 478 413 416 718 423 469 406 PAPER AND PRINTING WOOD Consumption and shipments short tons.. i Oroundwood short toes.-j Sulphate short tons i Sulphite, total short tons i Bleached . short tons.. I Unbleached short tons Soda short tons. ! 83,719 Damaged, off-quality & rnisc'Lshort tons j Production, all grades short tons. ; Groundwood short tons ] Sulphate short tons ! Sulphite, total .short tons I Bleached short tons , Unbleached short tons \ Soda short tons 34, 17 Damaged, off-quality Amisci. .short tons Stocks..... short tons..I Oroundwood_ short tons. Sulphate.._ — short tons Sulphite, total short tons Bleached ...short tons.-! Unbleached short tons.. Soda short tons.4, 657 Damaged, off-quality & misc'L .short tonsImports: Chemical, totalf# short tons.. 208,933 Groundwood#. short tons 28,183 Price, wholesale, sulphite, unbleached dol. per 100 1b 1.94 PAPER§ Total papent Paper, including newsprint and paperboard* Production short tons..i Paper, excluding newsprint and paper j board: > Orders, new short tons..| Production t short tons Shipments! • short tons-0 Revised. 362,504 !401, 864 86,047 j 98, 365 120,234 j127, 598 121,767 I136, 623 72,675 78, 624 49,092 i 57, 999 27, 126 ! 30, 483 7,330 | 8.795 355.416 I 389,331 75,357 | 89,067 119,590 !126,332 125,671 i135,193 76, 48fi '78. 227 49, 185 I 56, 906 27,541 ! 30, 022 7,257 I 8,717 109,616 I 97, 683 45,594 ' 36,896 6, 736 4, 470 52.663 51, 233 36, 350 35, 953 16,313 15, 280 5,047 4. 586 576 498 I 165,848 228, 504 14,818 31,097 1.90 756,573 1.90 394,485 68,100 124, 418 134,291 79,011 55, 280 30, 256 7,420 388. 785 94, 007 125, 609 132, 294 75, 977 56,317 29, 171 7,704 91,984 32, 803 5,661 49,236 32. 919 16,317 3, 502 782 388, 244 96,445 120,807 135,317 78, 217 57,100 29,399 6,276 386,523 99.402 121,148 130, 975 75, 236 55, 739 ! 28,821 415.790 107,413 139,951 129, 249 77,100 52,149 32,099 7,078 419,946 106,794 139, 329 134, 290 79, 704 54,586 6,177 90, 263 35,760 6,002 44, 894 29,938 14 956 2,924 683 32, 381 7,152 89,343 30, 360 5, 285 49,735 32, 639 17,096 3. 206 757 199, 812 243,858 23, 621 28,116 213.837 20,392 1.90 914,297 I 783,341 393,987 97,411 130,084 129,517 77,174 52, 343 30, 639 6,336 398,340 100, 575 131, 642 129,000 78,105 50,895 30, 989 6,134 93, 696 33, 524 6,843 49, 218 33,570 15, 648 3, 556 555 '714 1.90 819.300 443,272 110,806 136, 761 154,300 98, 791 55, 509 34, 784 6, 621 441,901 120,054 137,792 142,459 90, 474 51,985 35,104 6, 492 104,819 50,727 7,471 43, 239 28, 276 14,963 2, 797 585 160, 649 143,576 122,060 13, 796 20, 457 13,905 1 90 717,604 ™406,454 102,102 >136,479 127,281 77, 726 49,555 32,873 6,719 417,948 110,057 136,076 133,143 80, 749 52,394 31,794 6,878 106, 190 41,479 6,440 55,080 36,593 18,487 753,581 437,970 a435, 358 112,758 "111,905 148,433 "147,321 138,504 138,111 84, 910 86,494 53,594 51,617 31,669 31,497 6,606 6,524 450, 261 M35, 885 120,427 '110,339 148,047 148, 148 142, 889 139, 591 90 265 87. 123 52, 624 52, 468 32, 282 31, 643 6. 61 fi 6. 164 117,100 '117. 637 58, 3im a 56, 830 7,085 7.912 47.624 49. 104 33, <)?A 34,260 13,993 14, 884 3, 409 3, 556 595 235 «426, 449 105, 467 144,639 *139, 815 87, 940 «51,875 30, 355 6,173 *41«,?9fi 97, 253 144, 959 *137, 240 85, 984 "51,256 30, 687 6,157 '107,485 48,616 8.232 «4fi'. 529 32. 304 "14,225 3,889 219 445, 641 105,126 155,175 144,557 91,583 52,974 33,072 7,711 439,104 95,114 155,327 147,587 91,793 55, 794 33,383 7, 693 100,947 38, 604 8, 384 49,559 32, 514 17, 045 4,199 201 166,048 235,129 207, 444 222, 320 21, 437 14, 529 25, 628 19,850 1.91 .193 1.93 776,471 | 867,931 798, 060 l797,826 "846,434 833,398 I 415.046 I 493,851 395,715 488,727 394,392 | 484,855 398,139 369, 837 451,268 401,523 410,096 398,141 469,036 410,225 411, 434 383,172 472,010 I 400,525 453,983 j 485,208 415.828 "406,228 «46fi, 482 I 428,592 414,714 ! 496,498 432,814 j°429 324 0474040 r ! 439,669 413,778 i 485,666 ! 424,281 I «415, 506 i«480, l.>6 I 424,127 • Since April 1935 figures are not as complete as during the period of the operation of the Code Authority. Figures for period January 1934-April 1935 would be fairly comparable if reduced by about 15 percent. A These series have covered a varying number of companies for period covered in survey; percentage of industry coverage not known. Reports have been from 12 companies since January 1934. t Tn September 1935 3 firms discontinued reporting; data of 3 firms of equal size were added, thereby maintaining the comparability of the series. t Revised series See p. 49 of the June 1933 issue for 1932 chemical wood pulp imports. Data on total paper for 1934, 1935, and 1936 revised. Revisions for 1934 and months of 1935 not shown above 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 Bonk Paper Division of the Paper and Pulp Industry: they are not comparable with the data carried in the SURVEY from the American Paper and Pulp Association through December 1933. The present classification of the association differs from that previously used by them, as well as from the Bureau of the Census classification In addition to the classes shown, the association also reports on printing paper (including unroated book), bonrds, paperboard. and newsprint. The first two of these classifications are not used in the SURVEY, while the Bureau of the Census report is used for paperboard and the Newsprint Service Bureau's report for newsprint (thp latter series fa identical with that reported by the association). The ratio of the production reported bv 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 paner, 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 paperboard, but 81 percent of the more comparable classifications of container bo9rd and boxboard; hook paper, 11 ncoated, 95 percent and coated 100 percent (book paper estimates are by association since the data cannot be checked with Census data); and newsprint, 97 percent. Figures for the first 5 months of 1934 on book paper are not available Data are available for the other series for the months of January to April 1934. These figures will be shown in a subsequent issue, ^ See footnote marked " A " on p. 60 of the March 1936 issue. 54 SURVEY OF CURRENT BUSINESS 1935 1936 Monthly statistics through December 1931, together with explanatory footnotes and references to the sources of the data, may be found Septem- SeptemDecem in the 1932 Annual Supplement to the Survey October November ber ber ber November 1936 1936 January February I March April May June July 16, 502 8,218 19, 2uO 68. 0 IS, 497 12,215 10. S76 0,0.-) 7 10,22'i 66 3 August PAPER AND P R I N T I N G — C o n t i n u e d PAPER—Continued Book paper:* Coated paper: Orders, new short tons. Orders, unfilled short tons. Production short tons. Percent of potential capacity Shipments short tons. Stocks, end of month. .short tons. Uncoated paper: Orders, new short tons. Orders, unfilled short tons. Production short tons. Percent of potential capacity Shipments ..short tons. Stocks, end of month short tons. Fine paper:* Orders, new short tons. Orders, unfilled short tons. Production short tons. Shipments short tons. Stocks. end of month short tons. Wrapping paper:* Orders, new_._ short tons. Orders, unfilled short tons. Production... ..short tons.. Shipments short tons.. Stocks, end of month short tons.. Newsprint: Canada: Exports ..short tons.. Production .short tons.. Shipments from mills ...short tons.. Stocks, at mills, end of month short tons.. United States: *** ^ Consumption by publishers short tons.. Imports # short tons. Price, rolls, contract, destination, N. Y. base dol. per short tonProduction, 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. PAPER, PRODUCTS Abrasive paper and cloth, shipments: Domestic. reams,. Foreign ..reams.. Paperboard shipping boxes: Shipments, total mills, of sq. ft. Corrugated* mills, of sq. ft. Solid fiber* mills, of sq. ft. PRINTING Blank forms, new orders thous. of sets. Book publication, total number of editions. New books number of editions. New editions.. ..number of editions. Operations (productive capacity). 1923 =100. Sales books: Orders, newt (thous. of books). 18, 895 7,407 19, 239 77. 7 18,983 12. 157 18,903 8, 808 18, 640 64. 3 17,''54 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 19,3 45 14, 901 91, 452 34, 208 95, 793 83 2 94, 141 94, 548 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 28,666 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 | 43,582 8,857 10 560 31,633 41.979 , 28,355 43,4o7 KO 1.17 60, 20H I 59,143 141,541 70. 686 135.278 132, 926 107, 856 184, 471 79, 566 176, 973 175,974 107, 655 134,343 73,774 138,523 140, 060 105, 468 125,290 71,348 131,544 127,051 108,178 208,912 233, 968 225, 403 240, 421 266,515 266, 679 244, 037 262, 854 285, 179 73,743 73, 579 175,811 238, 317 160,558 190, 272 41.00 72, 216 75, 466 22, 352 10,351 23, 106 63. 4 23, 640 16,243 | 22. 541 11364 21,844 66. 8 22, 752 15, 050 31,096 17,314 24, 697 76. 0 25, 998 12, 528 17, 097 9, 106 21, 409 71.0 21,308 11,992 j 12, 093 18,610 11.336 j 23,525 | 79.0 23,734 ! IS, 531 6.7,-0 20.103 00. 4 12, 87^ ! 13,' 284 i 93. 960 128,902 98. 108 85.548 43.739 40, 212 65, 50K 49. 939 96.068 101,669 | 107.533 101, 223 73 9 71.8 ! 80.0 ! 85.4 96, 293 107,116 i105. 689 99, 7(59 81 713 73,349 | 76, 033 81,821 72, 890 37, 369 97. 369 82, 107 i so, 004 90,507 82, 280 77,313 35.013 86, 676 71.6 83,718 83, 644 37,073 10, Oil 39. 35S 30,051 33. ( ot i 80.210 OS!988 73 i I 76. 0 86.040 j 02, 011 87.030 j 88^ 070 39,086 j 149,305 ' 59.041 160,822 163,312 106, 644 36, 12, 38. 34. 62, 16, 121 33, 676 35, 435 61, 141 44, 620 16, 169 47. 990 45, 119 61,545 30, 922 13,194 35,561 33,559 62, 510 31,641 12, 274 35, 077 33, 033 65, 784 125, 58, 130, 126, 110, 133,755 61 417 132, S87 128,056 114,066 177.510 77, 344 165, 537 161. M3 118,269 151, 013 73,312 140, 120 144, 232 114,092 140, 385 72, 439 144, 615 143, 367 113,711 277,838 244,732 265,233 184,884 227,955 181,403 184,079 221, 190 206,010 256.564 242,900 239,253 50, 993 30,138 76, 658 92 082 179,821 222,811 187,448 234, 305 186,514 249, 876 161,185 179,982 182, 313 157, 456 183, 974 220, 641 40.00 71, 262 73, 067 40.00 79, 974 82, 220 40.00 78, 955 81,151 40.00 75, 869 79,672 41. 00 79,336 74, 126 41.00 72, 249 70, 650 41.00 76, 500 74, 482 41.00 76, 504 77,714 41.00 75,719 77, 273 17. 397 230,001 43,070 16, 450 221, 114 38, 703 14, 340 222, 362 34, 754 12,473 223,377 41,727 10, 266 240, 838 53, 302 14. 275 237, 955 35,178 16, 032 221, 165 39, 387 18, 163 203,814 40, 851 17,087 188, 453 48, 567 15, 906 191,463 44, 860 21.027 193, 464 40, 573 19,857 j 21,464 201, 099 | 219, 727 40.971 1 42,789 281,046 244,963 288, 668 246, 318 196, 429 229,064 226, 216 237, 601 245,566 | 241,895 241,656 249, 402 268, 770 353,197 135, 732 328, 519 79.1 307,103 105, 088 289, 596 351,887 107, 074 345. 596 272, 477 88.^71 294, 290 234,753 81,894 243,594 283,890 94,210 270, 928 268,843 91,917 271,107 290, 854 96, 202 285, 257 298,180 ! 280, 899 99.796 92, 784 294,929 ! 289, 527 71.6 71.0 204, 353 213,435 44, 306 290, 098 96, 402 288, 682 70.5 304, 747 101, 557 299, 033 69. 7 332, 553 117,443 319.391 76.7 218,330 219,042 I 207,886 77.561 S 90,064 7,864 10,241 76, 084 9, 479 69, 709 7,306 76, 191 10. 176 2, 188 1,945 242 2, 249 1,904 255 2. 698 2, 382 '317 I 31,516 9, 684 33,626 31,838 62, 0.",7 ',65, 527 | j ! i '107.815 i 141,436 - 74, 750 j 77. 600 '163, 58S ! 147,142 »167, 586 | 140,740 '109, 180 i 112,323 I 278, 368 269, 782 269, 689 65, 989 3 74.1 79.5 73.6 220, 998 214, 685 213, 297 79, 469 7,455 107, 421 16, 920 j 258,721 j 267,067 I 207,296 | 286,445 96,254 ! 85.629 \ 66,240 63.4 68.4 69.4 216,040 193,919 204, 376 39,737 39,983 38,167 211,029 191, 408 0) I | 192,894 ! 258,288 35,269 183,399 | 227,216 203, 590 '<262, 580 0) 38, 420 40, 780 35,044 66, 455 8,743 73, 057 9, 082 66, 453 9,428 65, 740 15,231 65,784 7,712 59, 936 4, 575 67, 405 9, 769 2,176 1,931 245 2,412 2,165 247 1,991 1,796 195 1,781 1, C04 176 1, 964 1, 768 195 1, 846 1, 653 194 2,019 1, 804 215 2, 095 1,873 222 88, 721 787 611 176 83 100,160 868 681 187 85 94, 574 897 700 197 86 92,113 836 688 148 95,196 536 430 106 82 84,853 842 676 166 83 95,189 953 801 152 82 101,805 854 718 136 84 14.643 17,503 15.785 15,500 ! 14,966 I 13,033 | 15,778 j 15,031 2,268 2, 035 233 283,589 ! 234,050 ! 257,577 270,881 274,027 | 270,053 263, 684 271, 794 | 278, 219 73,199 178, 396 222, 187 65,794 170,884 • 168,289 205, 704 i 246, 186 41.00 J 41.00 I 41.00 79,820 73,361 j « 74, 338 74, 838 74, 780 j a 72, 645 0) 96,677 i 100, 725 729 990 I 602 795 195 86 15,581 | 75,430 | 17,485 j 723 148 80 18,384 104, 349 890 731 159 16, 683 • Kevised< t Revised series. D a t a for period J a n u a r y 1033-January 1934, inclusive, on c o n s u m p t i o n and stocks of waste paper at mills will bo shown in a s u b s e q u e n t issueSales books, new orders, h a v e been revised beginning J a n u a r y 1035 to include t h e statistics of 2 m e m b e r s not included heretofore. T h e d a t a now represent 90 percent of all t h e sales books sold in t h e United States. For 1935 revisions see p. 54 ot t h e M a y 193*1 issue i D i s c o n t i n u e d by r e p o r t i n g source. § T h e Bureau of the Census has changed t h e title of t h e " B o x b o a r d " report to " P a p e r b o a r d " since data a c t u a l l y cover all board of .0012 of an inch or more in t h i c k n e s s r e p o r t e d b y t h e cooperating m a n u f a c t u r e r s . Figures given on production and new and unfilled orders are for 94 identical m a n u f a c t u r e r s ; a n d c o n s u m p t i o n and stocks of w a s t e paper for 82 m a n u f a c t u r e r s . E s t i m a t e d coverage is given in footnote marked § <»n p 53. * N e w series. N e w series on paperboard shipping boxes compiled by t h e National Container Association, Chicago, 111., from reports from all m e m b e r s of t h e i n d u s t r y of record b e g i n n i n g in J a n u a r y 1934. T h e v o l u m e of companies not reporting each m o n t h is estimated by t h e association, so as to keep t h e series comparable. Prior to Jan* u a r y 1934 d a t a covering this i n d u s t r y were compiled by t h e Pnper Board Industries Association. Ree footnote m a r k e d " § " on p. 53 of this issue for book, fine, a n d w r a p p i n g paper. # See footnote on p . 37 of this issue; d a t a for 1933 revised; see p. 20 of t h e October 1934 issue. F o r 1934 revisions see p . 20 of t h e D e c e m b e r 1935 issue. 55 SURVEY OF CURRENT BUSINESS November 1936 1935 Monthly statistics through December 1931, 1936 together with explanatory footnotes and references to the sources of the data, may be found Septem- SeptemDecem- January October Novemin the 1932 Annual Supplement to the Survey ber ber ber ber 1936 February April March June May July August RUBBER AND RUBBER PRODUCTS CRUDE AND SCRAP RUBBER Crude: Consumption, total— -long tons. For tires and tubestf long tons. Imports, total, including latext# long tons. Price, wholesale, smoked sheets, N. Y. dol. per 1b. Shipments, world long tons. Stocks, world, end of montht---long tons. Afloat, totalt long tons. To United Statesf— long tons. London and Liverpool long tons. British Malaya long tons. United Statest long tons. Reclaimed rubber: Consumption long tons. Production long tons. Stocks, end of month long tons. Scrap rubber: Consumption by reclaimers long tons. 45, 403 h ~50~033 38, 500 34, 000 38,192 21, 250 *> 23, 627 "22,818 35, 707 36, 378 26, 073 38,648 43.655 >23, 198 6 27,437 39,812 I 33,921 . 164 70, 000 485, 500 96, 000 62, 240 103, 962 60, 287 225, 239 .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 .131 63.00(3 623, 300 89, 000 46, 588 166,896 66, 794 294, 610 62, 000 011,987 82, 000 39,094 164, 200 61,692 303, 000 . 144 62.000 600, 479 84,000 43. 870 162,107 66,618 287.754 8, 936 12, 959 15,105 7,011 6,871 11,321 7, 923 11,926 11, 784 7,494 11,482 12, 02S 6,817 12, 307 13,537 8,031 11,665 14,326 23, 498 . 132 b 38,433 21. 372 34, 874 . 159 68, 000 574, 594 90, 000 58,935 147,712 61,045 275,837 63, 599, 85, 46, 157, 72, 284, 5. 893 10,188 15, 517 29,772 h 46, 707 28, 666 45, 830 45, 434 629,518 37, 050 b 47, 372 45, 721 45, 257 30, 916 6 31,088 6 29,017 38,273 41, 788 20, 450 . 159 . 159 . 156 65, 627 60, 000 68, 013 55S, 583 533,411 511,931 90, 000 83, 000 89,000 47, 228 47, 678 48, 860 140,404 130,599 122,285 66. 290 59,866 268, 889 253,955 237' 220 7,014 10,712 16,039 8, 266 11,382 16, 193 8,317 11,512 15, S89 . 163 . 165 72, 000 82. 073 510,872 '492, 439 106, 000 a 99, 000 03,597 60, 343 113, 3S6 108,215 63, 83S 63,138 227, 049 '222, 086 9, 238 11, 935 14, 925 9, 453 12,330 13, 767 8, 794 12, 856 14, 741 b 4, 544 6 4, 692 6 4, 626 6 6,315 6 6 6 6 6 6 6 6 28,994 TIRES AND TUBES* Pneumatic casings: Production Shipments, total Domestic Stocks, end of month Solid and cushion tires: Production Shipments, total Domestic Stocks, end of month Inner tubes: Production Shipments, total Domestic _. Stocks, end of month Raw material consumed: Crude rubber. (See Crude Fabrics _ ...thousands. .thousandsthousands. ..thousands. 6 3,067 » 2, 676 * 2. 621 h 6, 713 .thousands. ..thousands. thousands. thousands. 6 6 6 6 24 20 19 37 b 3,341 6 2, 775 » 2, 735 * 6,127 thousands. thousands. thousands. thousands. rubber.) thous. of lb_ b 3, 281 * 3, 317 b 3, 258 » 6, 715 * 3, 238 6 3. 232 6 3,170 b 6, 682 6 27 »25 6 25 6 23 * 19 * 19 Ml b 3, 592 6 3, 262 * 3,215 6 6, 523 12,606 6 14,148 b b b b b 3,193 3, 035 2, 988 6,611 13,523 b b 6 b 3, 282 3, 365 * 3.311 b 6, 639 b 3, 709 2, 898 3, 139 6 2, 601 b » 3,079 2, 545 b 7, 224 6 7, 504 &22 * 23 6 23 Ml 6 25 *23 b 22 M0 & 3. 279 3, 268 b 3, 229 b 6, 667 &3.719 * 3, 376 b 3.330 » 6, 984 > 13, 632 »15, 988 b b b " 15 6 17 b 17 6 b h 6 2, 880 2,791 2, 748 7,046 6 3, 932 f> 3, 971 6 3,917 6 7,318 2, 947 b 3. 123 6 3. 065 b 7,360 6 33 32 b 32 6 32 16 6 21 6 21 6 32 b b 3, 068 3, 074 6 3,027 6 7. 040 3, 908 6 3,844 3, 792 6 7,118 6 6 6 6 16, 571 -17, 099 b b 4,027 4,724 4,659 6, 623 6 30 6 30 6 30 6 b ' 12,059 613,417 6 6 6 6 3, 903 3,984 3,931 7, 063 6 6 6 6 37 36 35 33 6 4, 078 h 4,458 6 4, 408 6 6, 565 6 18,494 4, 427 4, 653 4, 599 6, 275 6 6 6 6 39 34 34 37 6 4, 194 6 4,664 6 4, 490 a 6, 257 6 6 6 6 4, 062 4, 031 3,978 6,313 6 6 6 6 34 28 28 42 4, 4, 4, 6, 081 160 125 173 6 18, 251 6 17, 152 MISCELLANEOUS PRODUCTS Rubber bands, shipmentsA thous. of lb__ Rubber-proofed fabrics, production, totalA thous. of y d . . Auto fabrics thous. of y d . . Raincoat fabrics thous. of y d . . Rubber flooring, shipmentsA-thous. of sq. ft__ Rubber and canvas footwear:* Production, total. ..thous. of pairs.. Tennisthous. of pairs.. Waterproofthous 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 heels:A Production thous. of pairs.. Shipments, total* thous. of pairs.. Export thous. of pairs.. Repair trade thous of pairs.. Shoe manufacturers thous of pairs.. Stocks end of month thous. of pairs.. Rubber soles:A Production thous. of pairs.. Shipments, total* thous. of pairs.. Export thous. of pairs.. Repair trade thous. of pairs... Shoe manufacturers thous. of pairs._ Stocks, end of month thous. of pairs..j Mechanical rubber goods, shipmentsrA j Total '. thous. of dol..1 Belting thous. of dol.. Hoso Other - 226 269 334 363 363 264 206 236 238 186 505 5,396 396 2,984 431 5, 571 449 2,866 492 3,269 395 1,291 450 2,760 313 604 450 2,864 219 603 371 2,950 191 786 3.467 199 1,289 422 4, 134 265 1,442 3, 666 244 1,446 523 3, 782 256 1, 442 488 4,001 334 1,473 483 4, 514 370 1,842 614 4,427 873 3, 554 5,510 889 4,622 5, 489 881 4, 608 14,559 4, 137 10,422 5,874 1, 297 4,577 5, 733 673 5, 059 5, 705 654 5,051 14, 700 4, 761 9,939 5,172 1,301 3,871 5,657 491 5, 165 5,626 467 5,159 14, 200 5,571 8, 630 5,993 1,661 4, 332 6, 276 830 5,446 6, 252 815 5, 437 14,967 6,743 8, 224 5.925 2, 174 3.751 6.144 2.061 4, 083 6. 109 2, 042 4, 067 14,886 6.839 8. 047 5, 231 2,498 2,732 4,819 1.929 2,890 4, 788 1,915 2,873 14, 957 7, 305 7, 652 5, 905 2,937 2 969 5,041 3,019 2,022 5,011 2,997 2,014 15, 804 7, 207 8, 597 5,876 2,8K8 2,988 4, 970 3, 519 1,451 4, 928 3,480 1,447 16,699 6, 565 10,134 5,227 2, 058 3, 170 4, 429 3,333 1,096 4,399 3, 309 1. 090 17, 497 5, 289 12, 208 5, 659 2,018 3,641 4, 334 2, 791 1,543 4, 290 2, 751 1, 539 18, 822 4, 519 14,303 4,571 1,244 3,327 5,431 5, 588 1,377 4,212 6, 877 1, 443 5,435 6,851 1,420 5, 431 16, 626 3, 615 13,010 (i) (i) (0 0) (i) (0 16,406 17,067 187 5, 187 11,694 36, 051 18,517 18,814 296 5,029 13, 489 36, 291 16.024 16, 886 428 4,173 12, 285 30, 710 16.649 17, 094 348 2,829 13,917 30, 374 (0 (0 (0 (0 0) (3) 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 0) CO 3,980 1,018 1,248 1,715 5,015 1, 155 1,438 2, 422 4, 755 989 3,319 2,447 5, 200 1,027 1,408 2, 765 591 6,003 1,150 4,853 8,063 1,481 6, 582 8, 039 1,465 6, 574 14, 567 3,286 11, 281 thous. of dol. J (0 thous. of dol..I 0) 0) (0 0) CO 0) CO (0 (^ CO (0 (0 0) CO 0) (0 CO CO CO (0 CO CO CO CO CO CO CO (0 (0 CO CO CO (0 (0 CO (0 CO CO CO (o CO 0) CO (0 (0 CO CO CO (0 266 CO (0 co (0 CO CO CO CO (0 CO (0 (0 CO (0 CO (0 217 (0 CO CO (0 (0 CO CO (0 (0 CO 0) (0 (0 CO (0 (0 209 (0 (0 (0 0) CO CO (0 CO CO (0 CO (0 (0 CO CO 0') 2, 034 3, 397 5, 407 2, 018 3, 390 17,962 3. 729 14, 233 (0 CO CO 0) CO (0 (0 CO CO CO CO (0 CO CO CO (0 CO (0 (0 CO CO CO CO CO CO CO CO (0 CO CO CO 1 fe Discontinued by reporting source. ° Revised. See fool note marked " j " t Data for 1934 and for the period January to July 1935 are estimated to represent approximately 97 percent of the industry, for subsequent months the coverage is estimated to be 81 percent. Previously published data are estimated to cover about SO 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 Januiry 1934 Since that month, the coverage of tho industry is 100 percent. For preceding period? the coverage varied; in 1929 it was 90 percent; in 1931, 80 porcent: and in 1933, 95 percent, according to the Census of Manufactures. Overlapping figures are available for October 1933. See the Octoher 1934 issue for October 19iH 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 19i2. t Revised series Data on consumption of rubber for tires and tubes revised for 1932, !933, and 1934 See p. 51 of the August 1934 issue. Revised data from September 1930-December 1934—rubber world stocks, world afloat, and afloat to the United States appear on p. 20 of the July 1935 issue; for 1932 revisions for United States stocks, see p. 50 of the May 1933 issue. See p. 50 of the June 1933 issue for crude rubber imports. A Coverages of Rubber Association data has varied considerably over period for which data have been shown in SURVEY. Coverage was generally higher in 1934 and 1935 than in earlier years. 56 SURVEY OF CURRENT BUSINESS November 1936 1935 Monthly statistics through December 1931, together with explanatory footnotes and references to the sources of the data, may be found In the 1932 Annual Supplement to the Survey Noveru- Decem- January ber ber February March August STONE, CLAY, AND GLASS PRODUCTS BRICK Common brick: Price, wholesale, red, N. Y. dol. per thoiis.. 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 month} 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.. 10.50 9.50 91,127 394,988 9.50 9.50 117,031 95,673 423,651 ! 424,737 9.50 73, 586 426,550 0) 10. 50 ! 10. 50 170, 185 j 170, 115 398, 870 ! 409,028 J J I ! C1) 10. 50 172, 892 368, 638 9.50 i 9.50 ! 9.50 ! 9.50 j 10.50 56,471 ! 44,736 ! 109,641 | 154,473 i 171,418 417,482 405,866 i 363,932 I 322,719 i 335,768 291 j 294 351 277 311 2,168 I 2,223 354 322 235 2,334 562 309 147 2,485 747 179 95 2,385 720 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 I 714 | 2,046 j 5,115 81, 344 5,454 79, 753 6,178 79,468 4,715 81,191 1.667 7,173 32.6 7,799 21, 783 6,368 1.667 7,510 33.1 8,794 20, 501 5,891 j 1.667 7,093 32.2 5,976 21,613 5,607 1.667 5,803 25.6 4,514 22,908 5,226 3,059 55.5 2,537 8,328 3,114 | 3,047 52.1 | 55.4 2,916 | 3,031 8,410 8,437 833 i 172 ! 66 | 2,477 | 0) 0) 0) 0) 0) 0) 0) (0 CO 0) 0) 0) 0) 0) 0) (0 7,965 1, 032 29 1, 085 2,285 7,928 2,220 186 2,129 1, 600 1,753 1,449 143 1,688 1,103 1,380 2, 278 137 2,163 1,084 2,945 3,690 264 3,235 1,340 2, 100 3 427 ' 197 2,896 1,812 1,540 3, 921 201 3,377 1,939 3,892 79, 730 2,052 i 79,677 4,856 i 79,408 i 7,858 76,073 8,972 75, 447 11,476 71, 800 10, 9°0 «6S, 3S0 8,724 70, 683 1. 667 3, 630 16. 1 3,889 22, 686 5,214 1. 667 1.667 3, 454 5,263 23.4 16.4 3,156 7,138 22,971 i 21,126 5,590 5,625 1.667 8,519 39.2 9,089 20, 571 5,328 1.667 10,985 48.9 11,121 20, 431 5,071 1.667 11. 273 52.3 12,417 19, 281 4,912 1. 667 11,446 51.3 11,766 IS, 975 5,079 1.667 12, 535 50. 2 12, 560 a 18,920 4,931 3,339 58.4 3,434 8, 270 3, 604 63.0 3,604 8,224 3,810 69.3 3,996 7,942 3,898 68.1 3,999 7,792 3,844 67.2 4,179 7,488 4,403 77.0 4,346 7, 422 j I | I () 0) 0) c1) PORTLAND CEMENT Price, wholesale, composite dol. per bbL. Production^. tbous. 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. 1.667 12, 292 57. 1 12, 564 18, 648 4,748 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.. 3, 994 72. 6 4, 345 7,015 3,102 58.7 I 3,700 7,576 3,616 60.8 3, 569 7,575 3,271 59.4 2,938 7,836 2,899 2, 446 2,485 2,416 1,817 I 2,261 ! 1,853 2,110 2,381 i 2,193 2,355 2,356 2,594 2, 783 2,591 2,306 2,013 2,680 2,705 2,730 2,672 2,477 2,292 2,749 2,159 1,883 I 2,148 I 1,904 1,866 2,109 2,039 2,189 2,085 2,274 2,171 2, 474 2,138 2,620 2,154 2, 6S4 104. 6 3,056 2,ms 2,584 100.7 3,450 2, 339 91.1 3,618 2,067 80.6 3,735 1,965 i 76. 6 3, 753 1,978 ! 77.1 ! 4,045 I 1,913 74.5 3,887 2, 127 82.9 3, 916 2, 086 81.3 3, 954 2, 250 87.6 4,009 lj_996 4, 135 2,374 92.5 3, 123 19,455 ' 19,19^ ; 16,244 [ 16,428 18, 710 19, 553 81.4 3,358 14,404 16,593 j 15,909 I 16,112 170,613 566,719 161,786 124, 302 498,765 140, 363 17,276 i 13,857 i 16,057 GYPSUM* Crude (quarterly): Imports _..short tons.. Production . short tons.. Shipments (uncalcined) short tons.. Calcined (quarterly): Production. short tons.. Calcined products (quarterly): Shipments: Board, plaster (andlath).thous. of sq. ft... Board, wall. _ thous of sq ft.. Cement, Keenes short tons.. Piasters, neat, wood fiber, sanded, gauging, finish, etc short tons.. For pottery, terra cotta, plate glass, mix ing plants, etc short tons... Tile, partition thous. of sq. ft... 416,709 .... | i 345,826 72,957 i .._! 62,250 {..__ i 5,642 { I 66, 969 ! 62, 886 5,716 293,984 35,892 j 2,420 i _._.|.. 115, 944 96, 022 9, 676 i 205,353 ! i ; 163,479 727,720 ! 221,330 ! ! 559,247 57,818 60, 361 5, 768 j 34,814 I | 2,420 j . .! .j 310,448 235,111 i. I .: i _ ; 8, 098 I 355,875 1 93,338 368,638 j 38,834 j 2,716 50, 252 3,959 TERRA COTTA Orders, new: Quantity.. Value short tons. ...thous. of doL 1,120 134 713 91 1,027 124 45, 575 341,509 55, 663 329,489 1,509 179 1, 906 211 31,361 337, 465 28, 480 330,262 1,105; 138 ! 1,050 146 1, 945 215 1,390 159 48, 330 318,059 6S,536 310,262 312,141 1, 706 202 975 110 1,552 194 TILE Hollow building tile:* Shipments Stocks short tons.. .__-..short tons. 45, 069 335,104 21,952 327,112 89,415 I "90,521 \ 95,308 311,830 '300, 09* i 304, 55S ° Revised. i D i s c o n t i n u e d by reporting source. * N e w series Earlier d a t a not p u b l i s h e d on i l l u m i n a t i n g glassware prior to J u l y 1932 i except production and pet cent of c a p a c i t y ) ; for earlier d a t a see p. 20 of t h e J u n e 1933 issue, face brick, m a c h i n e production. Series on c o m m o n a n d vitrified paving brick a n d tile beginning J a u n a r y 1934 were s h o w n on p. 20 of the J u n e 1935 issue. For earlier d a t a on g y p s u m see p. 20 of t h e J a n u a r y 1933 issue t Adjusted for degrading a n d year-end physical inventories t D a t a on plate glass represent the total o u t p u t ot t h e i n d u s t r y C o m p l e t e figures for t h e m o n t h s of 1932 were shown on p . 52 of the M a r c h 1933 issue, for '933 on p. 52 of t h e M a r c h 1934 issue, a n d for 1934 revisions p. 56 of t h e March 1930 issue # M o n t h l y series on glass containers for 1934 and 1935 are not comparable with those of earlier years due to increase of n u m b e r of firms reporting to 44. S h i p m e n t s of t h e 44 firms for the vear of 1933 a m o u n t e d to 33,048, 747, c o m p a r e d with 23,603,582 for t h e 30 firms reporting for t h e same year, C o m p a r a b l e statistics on s h i p m e n t s for t h e companies, now r e p o r t i n g b y years, from 192S to 1933, inclusive, were as follows (in gross): 1928, 31,943,016; 1929, 33,765,8%; 1930, 31.905,933; 1931, 31,413,508; 1932, 26,947,949; a n d 1933, 33,048,747 D a t a are not available for this period on production and stocks, nor are m o n t h l y figures on s h i p m e n t s available. It m a y be noted from the trend of these d a t a t h a t t h e m o n t h l y figures prior to 1934 had a d o w n w a r d bias Basis of e s t i m a t i n g c a p a c i t y was changed in c o m p u t i n g the new series D a t a for 1934 revised" see p . 52 of t h e M a y 1935 issue; for 1935 revisions see p . 56 of t h e J u n e 1936 issue. 57 SUKVEY OF CUEEENT BUSINESS November 1936 Monthly statistics through December 1931, together with explanatory footnotes and references to the sources of the data, may be found Sept em in the 1932 Annual Supplement to the Survey her 1935 1936 Septem- October Novem-1 December ber ber February March April | May | Juno I July August TEXTILE PRODUCTS CLOTHING Hosiery:* Production thous. of dozen pairs... Shipments tbous. of dozen pairs.. Stocks, end of month thous. of dozen pairs.. 9,577 10,816 11, 574 12,164 10, 293 10, 231 8,918 8,648 10,099 8,487 9,252 8,662 9,832 10, 420 10, 201 10,176 9,270 9,379 9,479 8,847 9, 983 9,322 10, 111 11, 156 17,930 17,299 17,319 17, 547 19,261 19,951 19,464 19, 589 19,581 20,314 20, 975 19, 930 451 553 512 500 590 516 551 577 543 406 COTTON 630 Consumption! thous. of bales.. Exports: Quantity, exclusive of linters thous. of bales._ Qinnings (total crop to end of month) :5.O31 thous. of bales.. 9 Imports# ...thous. of bales.. Prices: . 12.5 To producer dol. per lb_. . 123 Wholesale, middling, N. Y dol. per lb._ Production, crop estimate thous. of bales.. • 11, 609 2,827 Receipts into sights tbous. of bales.. Stocks, end of month:f Domestic, total mills and warehouses 7. 655 thous. of bales.. 849 Mills thous. of bales.. 6, 808 Warehouses thous. of bales.. 6, 378 World visible supply, total ..thous. of bales,. 4, 578 American cotton thous. of bales.. 487 712 1,135 4,232 7,744 8 9,357 7 .106 .108 .109 .112 .115 .120 h 9, 755 13 <* 10, 248 14 353 555 352 298 1.374 13 10, 420 16 2,261 3,145 2,315 .114 .121 /10,638 1,332 7,866 723 7,143 5,205 3,968 9,560 1,078 8,482 7,060 5,807 9,978 1,349 8,629 7,697 6,383 9,820 1,431 8,389 7,768 6.363 9,281 1,436 7,845 7,590 5,918 8,653 1,405 7,248 7,385 5,591 7,907 1,337 6,570 6,825 4,992 7,179 1,190 5,990 6,540 4,574 6,329 1,090 5, 239 6,025 4,121 5, 514 989 4, 524 5, 423 3,579 .300 .405 .312 323 .415 .321 . 415 .299 .415 .290 .415 .278 .393 .274 .385 .271 .385 .271 .373 14,128 4,315 15,529 16,935 5,174 12,466 4,910 15,489 9,489 15,392 8,799 21,745 12, 316 19, 685 9,836 18.840 .111 .119 819 691 496 437 381 310 201 122 123 121 808 4, 834 H97 3,938 4. 899 3,091 5,089 752 4,337 4,748 2 986 .295 . 385 .301 .388 18, 527 4, 705 24,412 5,802 .110 .116 .109 .114 .112 .117 .112 .117 .114 .120 . 126 . 132 1? COTTON MANUFACTURES Cotton yarn: Prices, wholesale: . 303 22/ls, cones (Boston) dol. per Ib_. .401 40/ls, southern spinning* dol. per lb.. Cotton goods: Cotton cloth: Exports§ .thous. of sq. yd—• 14,387 7,098 Importst# 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._ 107,706 Dyed, colors thous. of yd_. 100,042 6,420 Dyed, black.. _ thous. of yd.. Printed thous. of yd— 86,514 Stocks:* Bleached and dyed thous. of yd.. 171,340 Printed.. thous. of yd.. 86, 798 Spindle activity:t Active spindles thousands.. 23, 514 Active spindle hours, total millions of hours. 8,088 Average per spindle in place hours.. 289 Operations. percent of capacity. 5,876 .064 .074 .078 8, 680 .064 .064 082 .083 .058 .056 .055 .053 .071 .070 .067 .051 j .075 .065 | 14, 624 . 059 . 059 .072 .075 .054 .066 93,013 87,921 6,151 86,948 110,885 102, 066 6,499 97,972 102, 292 96,507 5,399 97,331 101,310 84,239 3,969 104, 720 97,435 87,685 4,554 100, 528 92,807 90,390 4,118 91,860 107,893 101, 739 4,140 95, 274 104,837 103,305 4,087 91,074 105,062 98,345 4, 364 89,518 104, 90, 4, 90, 630 398 675 338 101,904 91,620 6. 357 91, 273 104, 667 100, 061 7, 690 91,157 195,421 88,292 199, 328 93, 795 205,719 95, 790 203, 494 107, 382 197,107 105,464 198,508 103,179 183, 292 99, 684 187, 333 93, 275 191,956 103,419 188,124 135, 548 94, 557 154, 264 88, 815 23, 252 22,431 7, 855 279 119.8 270 115.8 105, 782 22,682 23,128 23,194 23,399 23. 323 23,348 6,182 207 7,437 251 «103.7 233 101.1 6,804 233 103.8 7,709 266 111.9 6,735 233 105. 2 583 419 494 462 464 522 473 557 477 487 517 454 422 399 433 416 428 i 446 498 623 614 808 633 586 465 241 468 145 514 509 522 312 499 392 447 611 423 420 551 495 683 626 699 672 1,242 594 2,441 .60 .60 36, 658 4,753 42,016 6,315 23,182 23,119 22,833 7,254 251 « 107. 9 7,313 255 «110.7 6,896 242 105.2 23, 021 125. 8 R A Y O N A N D SILK Rayon: Deliveries:* Unadjusted 1923-25=100-. Adjusted 1923-25=100.. 3-mo. moving average of adjusted index 1923-25=100.. Importsi#- — thous. of lb . Price, wholesale, 150 denier, " A " grade ( N . Y.) dol. per l i n stocks, imported, end of m o n t h thous. of lb— Silk: Deliveries (consumption) bales.. I m p o r t s , rawf# thous. of l b . . Prices, wholesale: R a w , Japanese, 13-15, N . Y_dol. per l b . . Silk goods, composite dol. per y d . . Stocks, end of m o n t h : World visible supply* bales.. 148, 253 United States (warehouses) b a l e s . . 29, 553 16, 843 7.320 259 111.0 346 .57 .57 .57 .57 .57 .57 245 238 237 235 231 229 45,156 6,708 48,167 8,218 37, 012 6,061 35. 559 6,365 38,995 6,275 32, 053 5,518 1.868 .97 2.084 1.00 2.092 1.00 1. 958 1.00 1.950 0) 180,180 182, 077 46, 777 185, 748 51,458 194,941 54,941 186,911 56,511 .57 .57 .58 227 227 227 228 36, 000 3,480 34, 564 4,647 32, 087 4,066 31,437 4,143 1.784 1. 733 1.682 1.600 1. 597 1.714 (0 0) (0 0) 0) 0) 175, 380 64,680 165, 689 53, 689 132, 609 35,409 142, 439 30, 139 .57 158,498 145,266 46,098 ' 40,066 1.791 151, 125 29, 825 e d • Revised. * As of Dec. 13. As of Oct. 1. As of Jan. 16. / Final estimate. * Discontinued by reporting source. * 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 clotb finishing are from the National Association of Finisher* 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 Januarv 1933-April 1934 will be shown in a subsequent issue. Rayon deliveries from January 1923-April 1935 were shown on p. 19 of the June 1935 issue; these data are compiled by Rayon Organon. New series on world visible supply of silk. For monthly data from January 1922-June 193t, see the July 1936 issue, p. 20. If For revisions for crop years 1931-32, 1932-33, 1933-34, 1934-35, and 1935-36, see p. 52 of the October 1933 issue, p. 52 of the September 1933 issue, p. 53 of the October 1934 issue, p. 57 of the October 1935 issue, and p. 57 of the September 1936 issue, respectively. f For revisions of cotton consumption, domestic stocks, and spindle activity for crop years 1931-32, 1932-33, 1933-34, 1934-35, and 1935-36, see p. 20 of the February 1933 issue, pp. 52 and 53 of the November 1933 issue, p. 53 of the October 1934 issue, p. 57 of the October 1.935 issue, and p. 57 of the October 1936 issue, respectively. 5 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. # Bee 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. 63 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. 58 SUEVEY OF CURRENT BUSINESS 1936 1935 Monthly statistics through December 1931, together with explanatory footnotes and references to the sources of the data, may be found Septem- SeptemOctober Novemin the 1932 Annual Supplement to the Survey ber ber ber November 1936 1936 DecemJanuary ber February March April May June 46, 593 17, 294 17,207 54 533 20, 075 17, 541 August July TEXTILE PRODUCTS—Continued WOOL Consumption: Total, grease equivalent basisj 80, 293 thous. of lb._ ' 60,763 Apparel class, scoured basis*..thous. of lb_. > 21,477 28, 994 21, 952 Imports, unmanufactured^ thous. of lb__ 19,639 Operations, machinery activity:* 95 113 Combs, worsted percent of capacity.. Looms: 61 Carpet and rug percent of capacity.. 41 Narrow percent of capacity.. 66 Wide percent of capacity.. Spinning spindles: Woolen. ..percent of capacity.. Worsted percent of capacity.. Prices, wholesale: .89 .78 Raw, territory, fine, scoured...dol. per lb_. .33 Raw, Ohio and Penn., fleeces.dol. per lb_. .38 Suiting, unfinished worsted, 13 oz. (at mill) 1. 603 dol. per y d . . 1.634 Women's dress goods, French serge, 54" (at 1.027 factory) dol. per y d . . 1. 074 Worsted yarn, 2/32s, crossbred stock, Bos1.26 1.11 ton dol. per lb... 16, 156 23,832 Receipts at Boston, totalA thous. of lb_. 13, 153 19, 385 Domestic— thous. of lb_. 3,004 4,446 ForeignA thous. of l b . . Stocks, scoured basis, end of quarter :*<[ Total thous. of l b . . 125, 940 156, 6P4 Domestic thous. of lb_. 99, 601 137,82: 18.872 26, 339 Foreign.. thous of lb_. 81,967 111,770 Combing .thous. of lb_. 43, 973 » 44, 924 Clothing thous. of l b . . h 78, 727 »29, 565 23, 498 * 72, 993 » 27, 528 18, 041 > 73, 367 >73,908 >27.730 > 28, 223 18, 467 21,167 64, 193 24, 488 21, 212 b h 53, 460 20, 369 25, 298 6 55, 387 * 20, 588 23, 883 b b & 68, 718 > 63, 449 & 24, 697 & 23, 005 17, 546 16, 079 125 108 107 117 88 72 93 93 106 54 42 84 53 44 45 43 90 46 48 90 52 44 90 50 38 80 50 36 76 48 34 76 48 36 74 47 36 69 56 43 73 106 81 104 83 93 73 95 62 96 68 85 59 82 60 87 57 87 57 90 59 .81 °. 36 .39 .84 .39 .87 .39 .92 .42 .93 .42 .88 .37 .87 .37 .90 .38 .89 .39 1.624 1.708 1. 733 742 1.782 1.782 1.782 1.040 1.052 114 1. 114 1.114 1. 114 1. 114 1. 114 1.25 18,525 11,803 6,722 1.29 19, 214 10, 982 8,232 1.30 20, 495 6, 071 14,424 1.28 25, 599 21, 761 3.838 1.30 54, 421 50, 424 3,997 1.29 66, 708 64, 300 2,408 1.28 21, 694 20, 101 1,592 1. 733 1. 733 1.064 1.064 1. 101 1.30 12.875 5, 285 7,590 1.31 17,524 6,410 11,113 1.33 18,581 4, 576 14,006 I '116,299 ° 86, 383 «29,916 1 °71,531 i « 44,768 I i i 1.33 22, 258 4,845 17,413 105,096 60.473 44,623 60,429 ! 44,667 I .89 .38 •147, 057 410,898 a 36,159 ° 98. 310 * 48, 747 MISCELLANEOUS P R O D U C T S Buttons, fresh-water pearl: Production pet. of capacity.. Stocks, end of month thous. of gross.. Fur, sales by dealerst thous. of dol.. Pyroxylin-coated textiles (artificial leather): Orders, unfilled, end of month thous. linear yd_. Pyroxylin spread thous. of lb_. Shipments, billed thous. of linear yd_. 56.0 7, 550 v 2, 6 IS 43.7 7,215 3,092 50.2 7,215 2,158 52.8 7,136 1,193 48.9 7,151 1,224 45.0 7,925 2,493 53.7 7,956 3,761 53.4 7,989 4,045 51.9 8, 003 4, 053 51.2 8,046 3,857 50.5 8,061 3,133 42.6 7,690 3,443 2,668 6, 087 5,232 2, 589 4.692 4,412 2,592 5,125 4,616 2,300 4,152 4,084 2,154 3,895 3,845 2,033 3, 951 3,715 1, 943 3, 894 3,876 2,475 5,121 4,689 2,459 5,647 5,118 2, 273 5,423 5,013 2,000 4,930 4,608 2,460 4,686 4,501 2,612 5,375 •1,972 136 72 39 25 205 97 227 106 93 28 295 199 70 26 376 234 71 71 4,573 3,537 7,603 1,607 5, 222 3, 945 4, 424 3, 438 4, 545 3, 307 3,414 2,335 a 55.2 7,660 3, 575 TRANSPORTATION EQUIPMENT AIRPLANES Production, totalf Commercial (licensed) t Military (deliveries). For export number.. number.. number.. number.. 124 59 | 39 26 109 ! 61 I 37 | 11 141 83 n 49 159 112 17 30 4, 777 3. 643 3,931 2,629 5,576 4,087 5, 515 3,639 12, 703 5, 622 7, 081 14, 580 7,471 7,109 30, 529 22, 491 8,038 28,012 17, 736 10, 276 25,654 15, 867 9, 787 25,959 16,046 9,913 28, 920 18, 921 9,999 26,053 17,723 8,330 28 575 17 727 10 848 24, 042 14, 987 9, 055 22, 52o 12, 714 9,811 15, 728 8,323 7,405 77, 651 46, 114 30, 716 820 74,188 42,179 31,122 887 90,191 60. 531 28,708 951 97, 508 64. 605 31,906 997 88, 649 56, 284 31, 868 87,169 55, 232 31,432 505 143,515 94,664 48,044 807 172,982 116,297 55, 705 980 176 316 116,569 58, 695 1 051 186, 550 125, 916 59, 606 1, 028 168, 685 112, 795 54, 980 910 140,436 91, 206 48,368 861 39, 700 75, 907 132,315 149,728 124 56 50 18 24 A U T O M O B I L E S || Exports: Canada: Automobiles, assembled, t o t a l . n u m b e r . 3,514 Passenger cars number.. 2,153 U n i t e d States: Automobiles, assembled, total S number.. 10,939 Passenger carsc? number, 4, 564 Trucksc? number.. 6, 375 Financing: <g> Retail purchasers, total thous. of d o l . J 122,158 N e w cars thous. of doL_ 76,863 Used cars _ . t h o u s . of dol_. 44,768 Unclassified thous. of d o l . 828 Wholesale (manufacturers t o dealers) thous. of d o l . . l 55,341 6,607 ! 5,143 I 118,872 i 113,830 3,726 | 3,108 | 154,147 i 189,481 1 180,665 I 174,277 I 162,404 ; 127,032 • Revised. v Preliminary. # See footnote on p . 37 of this issue. 6 Since J u l y 1934 report h a s been on a weekly basis. D a t a for September a n d December 1934, M a r c h . J u n e , September, a n d December 1935, a n d J a n u a r y . April, and J u l y 1936 are for 5 weeks; other m o n t h s , 4 weeks. Figures for J u l y 1934 a n d succeeding m o n t h s are computed from Census Bureau figures so as to represent 100 percent of t h e wool i n d u s t r y ; earlier figures incomplete. * N e w series. Wool stock series began in J u n e 1934. See p . 20 of t h e J u l y 1935 issue for earlier data and explanation of n e w wool consumption series. • Beginning with t h e J u l y 1934 report t h e statistics are reported on t h e basis of 4 and 5 weeks, t h e weekly distribution being determined b y t h e S a t u r d a y s . T h e statistics presented herewith are still based on t h e pre-code computed normal (currently based on t h e single-shift performance over t h e 5-year period 1928-32). T h e current data represent practically complete coverage of t h e i n d u s t r y . Since December 1934 no allowance has been m a d e for holidays. A F o r e i g n receipts beginning J a n u a r y 1934 are compiled b y U, S. Department of Agriculture a n d are not comparable w i t h d a t a carried t h r o u g h December 1933. T h i s results in a total figure which also is not comparable with earlier d a t a . 1 Compiled b y t h e Bureau of the Census and represent stocks of raw wool held b y all dealers, t o p m a k e r s , a n d manufacturers w h o usually hold significant stocks of wool. T h e figures for t h e 3 q u a r t e r s of 1934 have been revised to include t h e "grade not s t a t e d . " t Grease equivalent of shorn wool, plus actual weight of pulled wool. Conversions are based on totals; scoured wool is multiplied b y 2 a n d pulled wool b y \\i. 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 t h a t those w h o wish to keep series going have their names placed on Bureau of the Census mailing list for t h e m o n t h l y wool consumption report, from which can b e c o m p u t e d t h e present d a t a , using formula given. § F o r 1932 revisions see p . 53 of t h e J u n e 1933 issue, for 1933 revisions see p . 20 of the October 1934 issue, a n d for 1934 see p . 20 of t h e D e c e m b e r 1935 issue. S D a t a revised for 1932, see p . 54 of the J u n e 1933 issue. D a t a revised for 1933, see p . 20 of t h e September 1934 issue; a n d for 1934, p . 19 of t h e December 1935 issue. || Index of sales of new passenger cars is shown on p . 26 of this issue. t D a t a for 1935 revised (airplanes). See p . 58 of t h e April 1936 issue. F u r sales revised for 1935, see p . 58 of t h e J u l y 1936 issue. <8>Of the 282 identical organizations reporting originally 8 discontinued financing in J a n u a r y , 2 in F e b r u a r y , 2 in M a r c h , 5 in J u n e , 1 in July, 2 in August, 1 in September, 1 in October, a n d 2 in December, 1934. 59 SURVEY OF CURRENT BUSINESS November 1936 Monthly statistics through December 1931, 1936 together with explanatory footnotes and references to the sources of the data, may be found Septem- Severnin the 1932 Annual Supplement to the Survey ber 1935 October 1936 Novera- Decem- January Febru- Marcb April May June July 53 32, 753 48 32,542 56 35,110 67 38, 560 ' August TRANSPORTATION EQUIPMENT—Continued AUTOMOBILES—Continued Fire-extinguishing equipment:! Shipments: 59 Motor-vehicle apparatus number.. Hand-type ...number.. 31,105 Production: Automobiles: 4, 655 Canada, total number.. 2,481 Passenger cars number.. United States, totalf number.. 135,130 Passenger carsf • number.. 90, 597 Trucks f number.. 44,533 1,104 Automobile rims thous. of rims-. Registrations: New passenger carsf number.. 208, 896 New commercial cars* number.. 54,611 Sales: General Motors Corporation: To consumers number.. 85, 201 19, 288 To dealers, total \ number. 4,669 U. S. dealers _ .number.. Shipments, accessories and parts, total* 114 Jan. 1925-100.. Accessories, original equipment 108 Jan. 1925 = 100.. 98 Accessories to wholesalers..Jan. 1925=100.. 153 Replacement parts Jan. 1925 = 100.. 105 Service equipment Jan. 1925=100.. 49 28,362 31, 556 65 27,587 53 25, 516 38 32,120 42 23,932 52 31, 203 36, 573 4,660 5,188 8,273 13, 491 13, 789 13. 302 13, 268 18,021 24,951 16,400 10, 475 20.006 8,192 3,051 3,402 10,916 14, 488 20, 247 16, 389 13, 126 6,803 10,853 10, 666 11,261 87, 540 272, 043 395,059 404, 528 364, 004 287, 606 420,971 502, 775 460, 565 452, 955 440, 999 271,291 56, 097 213.310 336,914 343, 022 298, 274 224, 816 343,523 417,133 385, 507 375, 894 372, 402 209, 754 31,443 68,597 61, 537 58,733 58,145 61,506 65, 730 62, 790 77, 448 85, 642 75,058 77,061 1, 052 1,654 1,804 1,841 1,876 1,716 935 1,877 1,261 2,258 1,912 1,960 157,098 148,389 220, 262 237 194 215, 782 176, 668 301, 272 397,190 392, 750 369, 423 357,490 262, 912 41,390 43,243 37,616 38,000 43,760 40,301 51,817 57,000 62,183 56,000 63, 695 59, 222 66, 547 68, 566 136,859 122,198 102,034 96,134 181,782 200,117 194,628 189, 756 163, 459 133, 804 39,152 127, 054 182, 754 185. 698 158, 572 144,874 196, 721 229, 467 222, 603 217, 931 204, 693 121,943 22, 986 97, 746 147,849 150, 010 131,134 116, 762 162,418 194, 695 187,119 186,146 177, 436 99, 775 105 129 135 91 132 135 135 145 123 149 162 150 157 136 110 137 150 141 148 147 139 80 155 160 107 73 156 170 114 85 127 160 116 84 160 120 109 97 181 130 125 104 163 110 130 113 166 112 151 115 145 88 148 109 108 75 147 106 RAILWAY EQUIPMENT Equipment condition: Freight cars owned: Capacity mills, of lb_. 171,700 178, 703 178,125 176, 727 175, 772 173,507 172, 939 172, 620 172,460 172, 341 172,152 172, 033 «171,934 Number, total thousands-. 1,817 1,763 1,851 1,778 1,842 1,827 1,780 1,776 1,772 1, 769 1,767 1,791 1,784 Bad order, total... number.. 241,573 284, 427 273,125 269,984 266, 876 256,511 254,598 249,246 253,125 260,013 254,447 258,198 256, 903 Percent of total in bad order 15.5 14.9 13.9 15.0 15.0 14.5 14.2 14.9 14.6 14.7 14.6 14.5 14.8 Locomotives, railway: Owned: 2,197 2,179 2,206 Tractive power mills, of lb.. 2, 215 2,212 2,211 2,199 2,194 2,193 2,189 2,182 2,186 2,185 Number 44,455 45,610 45. 565 45,375 45,179 45, 088 45, 009 44,966 44, 835 44,742 44, 682 44, 564 45,686 Awaiting classified repairs number.. 10, 127 8, 369 9,914 9,610 10, 335 10,187 9,389 9,642 9,119 8,906 8,736 9,825 9,556 Percent of total 22.2 18.8 21.4 22. 6 22.3 21.8 20.4 21.8 21.2 21.4 21.0 19.9 19.6 Installed number.. 53 106 86 43 54 60 81 46 65 91 53 60 53 Retired number.. 108 215 221 119 241 103 284 138 196 184 124 132 171 Passenger cars: On railroads (end of quarter)..number.. 40,509 41,405 40,199 39,915 Equipment manufacturing: Freight cars: 7,236 1,050 Orders, new „_ cars.. 3,100 110 10, 030 810 25 3,650 627 9,677 4,320 4,4G9 3, 225 Orders, unfilled, total cars. 12,715 18, 434 7, 440 6,432 4,489 11,315 12, 629 13, 478 15, 683 22, 964 25,311 24, 373 20, 530 5,224 Equipment manufacturers cars. 11,787 5,775 4,514 2,798 7,035 14, 646 15,907 5,471 15, 092 12,924 4,444 4,052 7,491 Railroad shops cars. 6, 647 1,665 1,981 1,691 8,648 8,318 6,871 8, 577 8,007 9,404 9,281 7,606 Shipments, total cars. 1,012 4,964 29 1,281 1,755 2,168 2,514 189 2,172 1,930 3, 854 746 430 1,912 4,963 1,281 1,754 2,066 Domestic cars.. 27 2,299 746 430 2,056 1,924 3,804 186 Locomotives, industrial electric (quarterly): Shipments, total number.. »104 Mining use— number.. "103 Locomotives, railway: Orders, new number46 14 24 13 10 24 Orders, unfilled, end of month: Equipment manufacturers (Census), total number. 123 84 37 101 106 119 125 117 Domestic, total number. 107 95 100 36 78 116 117 107 Electric number.. 44 33 33 33 33 40 42 41 Steam.. number63 62 67 3 45 7fi 75 66 Railroad shops (A. A. R.)...number. 6 12 6 7 9 8 8 8 Shipments: Domestic, total number.. 14 1 0 4 5 12 18 Electric number.. 3 3 0 0 1 3 2 Steam number. 11 1 0 0 5 9 16 Exports, totalf number.. 1 2 3 0 1 8 3 Electrics number.. 0 0 0 0 0 0 2 Steam number. _ 1 2 3 0 1 8 1 Passenger cars: Orders, new, placed by railroads number.. 37 0 50 20 34 0 Orders, unfilled (end of quarter) number. 139 Shipments, total number.. 0 0 12 2 0 Domestic number.. 0 0 12 0 2 ELECTRIC TRUCKS AND TRACTORS Shipments, industrial, total Domestic Exports number.. number. _ number.. 112 101 11 72 117 114 3 115 103 12 100 74 26 84 78 6 75 71 4 91 13 113 110 3 125 115 10 • 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. f 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. Data for 1935 and 1936 through March revised. See p. 59 of the June 1936 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 November 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 September fm" Januaryj ' | . } I U ' I March April j May i June July August 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.. 76 15,860 8,464 5, 953 2,857 119 263 268 1,198 82 9, 266 1,707 4,617 2,660 36, 651 8,017 119 133 137 154 154 154 213 221 17, 576 10, 242 429 17 297 20,898 13, 386 21 321 8 024 24 442 15 442 22, 040 12, 885 15,949 11 ,407 14 US 3 992 18 124 j . 359 393 1, 543 148 394 230 467 1,820 1, 951 588 CANADIAN STATISTICS • Business indexes:* 115.3 101.9 107.2 110.0 Physical volume of business 1926=100.. 106.2 ; 105. 2 117.6 102.5 i 109.5 Industrial production, total. .1926=100.. 113.5 108.8 i 107. 0 55.4 49 3 ! 50. 7 37.0 95.3 Construction t i A 1926=100.. 23.6 ! a 208.4 195. 9 I » 202. 6 *201.8 °200.9 I a 199. 0 Electric power® 1926=100.. 115.4 100.0 105.4 118.5 Manufacturing 1926=100.. 96. 1 112.5 ! 128.5 103.7 I 114.5 114.8 Forestry ..1926=100.. 118.9 j 106. 7 167.8 144.7 ! 169.6 146.3 Mining t 1926=100.. 160.8 I 144 4 108.8 100. 1 100.7 100.2 100.3 Distribution 1926=100.. 99.3 79.3 71.0 66.8 69.6 72.1 Carloadings 1926=100.. 66.5 118. 9 94.3 86.5 110.5 100.3 Exports (volume) X 1926=100.. 78.0 87.0 85.4 93.7 Imports (volume). 1926=100.. 77.6 76.3 70.2 129.1 122.8 124.1 Trade employment.. 1926=100.. 123.6 124. 0 128.8 162. 6 86.6 43.3 Agricultural marketing 1926=100.. 114.2 39.8 34.0 175.8 86.1 36.4 Grain marketings 1926=100.. 119 5 29.5 27.4 103.5 88.7 74.3 Livestock marketings... 1926=100.. 90.2 85. 7 63.5 Commodity prices: 3 80.6 « 80. 5 79.6 "80. 3 80. 5 Cost of living index J 1926=100.. 81.9 72.7 72.6 «72.4 73. 1 72.9 W holesale price index # 1926 =» 100.. 76.4 107.7 104.6 102.7 106.1 99.1 Employment, total(first of month). 1923=100.. 107.1 119.9 95.9 Construction and maintenance. 1926=100.. 110.9 117.4 74.8 109.0 103.5 101. 4 100.8 103.3 95.8 Manufacturing 1926=100.. 105. 9 132. 5 131.1 128.6 129 5 129.9 Mining 1926=100.. 140.2 117.1 116.3 127.8 120.5 118.0 137. 5 Service 1926=100.. 124. 6 131.0 121.8 123. 8 135.9 126.3 Trade 1926=100.. 84 5 84.0 86.4 77.9 89.4 85.8 Transportation. 1926=100.. Finance: Banking: 3,022 2,932 i 2,992 | Bank debits mills, of doL. 3,134 2,426 2,908 85.4 80.8 82.7 ! Interest rates 1926=100.. 88.3 85.5 I 104 | Commercial failures* number.. 115 112 i 98 107 Security issues and prices: I New bond issues, total t thous. of doL. j 177.870 195,994 j 66,724 147,080 j 121,372 I 133, 384 ! 4.09 ! 3.87 4.23 I Bond yields percent.. | 3.35 4.10 | 3.96 | 96.1 j 105.8 Common stock prices, totalt-1926=100.. 93.6 i 112.9 | 119. 5 107.4 | Foreign trade: I 95, 685 91,323 79,245 j 64,744 78,846 Exports tthous. of doL. 89, 582 Imports ..thous. of dol_. 52, 983 44,689 ! 52,751 ! 55,958 38,569 j 40,590 j Exports, volume: 26, 575 17,044 | 7,557 Wheat thous. of bu_. 17.273 28,919 525 314 Wheat flour thous. of bbl.. 20, 720 396 501 ! 444 i Railway statistics: 214 Carloadings thous. of cars.. 173 251 I 251 174 j Financial results: 32,279 ! 27,154 29,585 22,234 Operating revenues ..thous. of doL. 26,656 I 21,440 23,598 20,854 23,436 Operating expenses......-thous. of doL. d 7f730 5,290 Operating income thous. of doL. 5,380 205 21,333 ! Operating results: 4,289 I 2,712 2,937 i 2,240 Freight carried 1 mile mills of tons.. 1,763 1,934 i 108 Passengers carried 1 mile-mills of pass.. 137 117 101 I 140 I Commodity statistics: Production: Electrical energy, central stations I,919 2 163 2, 143 mills, of kw.-hr.. 2,042 2,157 2,091 54 65 Pig iron thous. of long tons.. 46 61 71 Steel ingots and castings 94 91 95 99 thous. of long tons.. 100 1,535 1,604 Wheat flour thous. of bbl.. 957 1 825 982 a 104.9 104.9 52.6 193. 9 96.2 111.3 186.2 104.8 78.4 103 6 78.9 127.3 62.7 53.9 102.2 «80.3 72.5 98.4 74.4 98.5 129.4 116.4 121.6 78.2 2,767 80.6 131 138,853 3.86 120.7 a 103. 3 104.1 52.0 207. 8 98.7 114.4 158.2 101.3 75.4 92.7 71.4 124.2 89.5 88.3 95.0 «80.4 72.4 98.9 78.2 99.5 129.1 117.5 123. 1 78.9 108.8 109.2 26.8 » 220. 3 10*5.0 124.0 187.2 107.7 I 82.8 ! 123.9 82.7 125.1 115.8 116.8 i 111.0 | « 79. 7 ! 72.2 ! 97.4 i 71.8 ! 101.1 ! 128.2 | 118.5 ! 121.0 j 73.5 ! 91.7 128.5 110.0 110.6 107.2 110.3 111.6 44.7 • 213. 1 111.5 122.9 152.5 106.6 76.2 104.8 90.9 127.8 73.9 70.3 89.8 « 80.0 71.8 99.5 79.4 102.7 127.4 120.4 123.3 82.8 «80.1 72.3 102.0 87.0 103. 4 132.1 123. 0 127.1 85.4 109.7 110.6 32.7 ° 207. 7 110.3 119.0 170.9 107.1 74.1 113.8 110.0 111.1 54.9 213. 2 108. 9 123.1 j 147. 2 107.1 78.0 111.1 I 85.2 ' 128.0 103. 9 105. 2 97.9 45.8 209.8 113.0 123. 9 174.3 107. 6 81.2 122.9 76.7 127.2 216.9 246.1 86.0 « 80.4 74.4 104.6 97.4 104.7 134.1 131.7 127.3 87. 1 " 81. 0 76.2 105.6 102.9 104.9 137. 9 135.8 126.3 88. 7 113.2 115.2 2,979 2.894 I 2, 619 3.136 76.6 i 72.0 ! 73.3 71. 2 91 i ! 123,332 I 103,186 ! 46,576 i 190, 179 i 70,692 ! 26, 891 3.70 3.76 , 3.67 3.51 ! 3.45 3.41 117.4 I 115.9 i 112.8 ; 113.8 i 114.3 114.7 2,599 i 77.3 103 2,774 78.5 100 62, 798 41,597 74,582 52,681 57,964 42,217 84,515 : 59,121 i 79,942 1 84,968 57,598 I 53,821 93.530 50,258 14, 241 340 13,146 6,752 281 27,317 ! 449 ; 25,764 : 25,913 430 i 445 21, 157 388 477 | 180 I 22,597 21,187 339 1,814 117 193 192 ! 25, 535 22, 465 1,914 2,056 i 126 ! 26, 050 22, 320 2,586 I 190 27,022 ! 23,789 1,953 26,049 24,049 832 27,301 ' 25,335 : 890 2,081 125 1,990 i 128 : 1.775 148 1.941 i 1,938 56 2,135 54 2,164 54 2,083 I 59 ! 2, 029 56 2, 021 35 2,020 39 93 1,019 i 101 1,172 107 i 1,009 95 1,196 82 1,149 69 1,301 1,363 d ° Revised. Deficit. • Statistics in this section, with few exceptions, are from the Dominion Bureau of Statistics, Ottawa. 1 Data for 1934 revised. See p. 56 of the May 1935 issue. * New series. For earlier data see p. 18 of the February 1933 issue, business indexes, and p. 20 of the October 1933 issue, commercial failures. t Revised series. See p. 55 of the April 1934 issue, construction and mining, for 1933. Series on common-stock prices revised hack 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 ior 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. cf Data revised January 1932 through July 1933. Revision for 1932 see p. 55 of the November 1933 issue. For final revisions for 1933 see p. 56 of the October 1934 issue. A Data for 1935 revised. • For revisions see p. 60 of the May 1936 issue. t Data on exports, both index numbers and absolute figures revised beginning April 1933 to include nonmonetary gold. Revisions not shown in the July 1936 issue wil] -aopear in a subsequent issue. <§) Series revised beginning January 1924. Revisions not shown above will appear in a subsequent issue. U. S . G O V E R N M E N T P R I N T I N G O F F I C E t 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 38,53 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 Boilers and boiler fittings 50 Bonds, prices, sales, value, yields 35, 35 Book, publication 54 Boxes, paper, shipping 54 Brass 53 Brazil, coffee; exchange; United States trade with 33,37,45 Brick _ 56 Brokers' loans 32 Bronze ___ 53 Building contracts awarded 24, 25 Building costs 25 Building materials 48, 49 Business activity index (Annalist) __ 22 Business failures 32,33 Butter _.. 42 Canadian statistics ._ 60 Candy _ 45 Canal traffic . 38 Capital issues __ 35 e Carloadings 22,37,38 Cattle and calves 44 Cellulose plastic products 41 Cement 22, 27, 28,30,56 Chain-store sales 26, 27 Cheese 42 Chile, exchange, United States trade with-- 33, 37 Cigars and cigarettes 45 Civil-service employees 29 Clay products 23, 27, 28,30,56 Clothing 24, 28,30, 57 Coal 22, 29,45,46 Cocoa -44 Coffee 23,24,45 Coke 46 Collections, department stores 26 Commercial paper 31, 32 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 Co3t-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 Nonmanufac taring 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 ro!ls__ 27, 28, 29, 30, 31 Failures, commercial 32,33 Page Fairchild retail price index 23 Fares, street railways 37 Farm employees 29 Farm prices, index 23 Federal Government, finance 34 Federal-aid highways 25, 29 Federal Reserve banks, condition of 32 Federal Reserve member bank statistics 32 Fertilizers 39 Fire-extinguishing equipment 59 Fire losses i 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, sale3, 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 I 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 sale3, New England 27 Insurance, life 33 Interest payment 36 Interest rates 32 Investments Federal Reserve member banks32 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, 3ale3, 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 29,35 Pullman Co 38 Pumps 51, 52 Purchasing power of the dollar 24 Radiators 50 Radio, advertising 25 Railways; operations, equipment, financial statistics 37, 38, 59, 60 Railways, street 37 Rayon 57 Reconstruction Finance Corporation, loans outstanding 34 Refrigerators, household 52 Registrations, automobiles 59 Rents (housing), index 23 Retail trade: Automobiles, new, passenger 26 Chain stores: 5-and-10 (variety) 26 Grocery 26 Department stores 27 Mail order 27 Rural general merchandise 27 Roofing 41 Rice 43 Rubber, crude; scrap; clothing; footwear; tires 22-24, 28,30, 55 Rye 43 Sanitary ware 50 Savings deposits 32 Sheep and lambs 44 Shipbuilding 22, 27, 28,30,60 Shoes 22, 24, 28,30,47,48 Silk 22,23,24,57 Silver 22,34 Skins 47 Softwoods 48 Spain, exchange 33 Spindle activity, cotton ' 57 Steel, crude; manufactures 22, 49, 50 Stockholders 35 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 THE MOST COMPREHENSIVE MEASUREMENTS OP are given in this volume. They provide the most significant data available for evaluating and analyzing our economic status. As such the estimates are invaluable to all interested in studying the nature of the depression and its incidence upon the different types of^income payments and upon the various industrial segments. . . . Official estimates covering a 7-year period are included in this report. Income paid out is classified by types of payment and both income produced and income paid out are shown for approximately 40 industries., The first two chapters are devoted entirely to a discussion of the concepts, scope, methods, and limitations of the figures. The Appendix includes a detailed account of the sources of data and methods of preparing each estimate. . • . Preliminary and summary estimates for recent years have appeared in articles published in the Survey of Current Business, a monthly publication of the Department of Commerce. Estimates for 1936 and later years, pending the preparation of another volume, will appear in subsequent issues of the Survey of Current Business. OUR NATIONAL ECONOMIC ACTIVITY 304 Pages, 226 Tables, and 12 Illustrations Price 25 cents Send your order and remittance to the Superintendent of Documents, Government Printing Office,Washington, D. C , or to any district office of the Bureau of Foreign and Domestic Commerce.