Full text of Survey of Current Business : October 1933

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OCTOBER 1933

SURVEY
OF

CURRENT BUSIN

UNITED STATES
DEPARTMENT OF COMMER
BUREAU OF FOREIGN AND DOMESTIC COMMI




WASHINGTON
V O L U M E 13

N U M B E R 10

CLEARING HOUSE OF BUSSNESS STATISTICS
focts gathered from many sources and presented regularly in the Survey of Current
afford a comprehensive digest of business movements, an essential background for
current trends and formulating business policies. Over 200 organizations contribthe basic statistics presented regularly in this publication.
GOVERNMENTAL
AGENCIES
44

TRADE
ASSOCIATIONS
90

TECHNICAL
PUBLICATIONS
33

PRIVATE
ORGANIZATIONS
40

SURVEY OF CURRENT BUSINESS
OVER 2IOO SERIES OF CURRENT STATISTICAL
DATA ASSEMBLED UNDER ONE COVER

WEEKLY

1932. ANNUAL

A 4 PAGE SUPPLEMENT
OF WEEKLY STATISTICS
AND CHARTS, AND ADVANCE
MONTHLY STATISTICS.
ALSO A BRIEF SUMMARY OF
CURRENT BUSINESS TRENDS.

A 3 I I PAGE SUPPLEMENT
GIVING THE SAME SERIES
AS THE MONTHLY NUMBERS
FROM 1913 TO 1931 INCLUSIVE,
WHERE AVAILABLE. ALSO
EXPLANATORY FOOTNOTES.

MONTHLY
•17'PAGES OF CHARTS
AND ANALYTICAL COMMENT]
TOGETHER WITH 38 PAGES
OF STATISTICAL DATA.




EXECUTIVES
BANKERS
ECONOMISTS
PUBLICISTS
STUDENTS

STATISTICIANS
PURCHASING AGENTS
SALES MANAGERS
TRAFFIC MANAGERS
ADVERTISING AGENTS

O C T O B E R 1933

V o l u m e 13

N u m b e r 10

WEEKLY DATA THROUGH SEPTEMBER 23, 1933
MONTHLY DATA THROUGH AUGUST

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

UNITED STATES D E P A R T M E N T OF C O M M E R C E
B U R E A U OF FOREIGN AND DOMESTIC C O M M E R C E
WASHINGTON

CONTENTS
SUMMARIES AND CHARTS
Business indicators
Business situation summarized
Comparison of principal data, 1929 to 1933
Commodity prices
,
Domestic trade
Employment
Finance:
Credit and banking
Security and money markets

Page
2
3
4
5
6
7
8
9

Foreign trade

10

Real estate and construction
Transportation
Survey of individual industries:
Automobiles and rubber
Chemicals
Farm and food products
Forest products
Iron and steel
Textiles
STATISTICAL DATA
New and revised series:
Business indexes (Annalist), revised series
Magazine advertising (Printer's Ink), revised series
Canadian Business failures, new series
Bathroom accessories, revised series
Weekly business statistics

11
12
13
14
15
16
17
18
19
20
20
20
21

STATISTICAL DATA—Continued
Monthly business statistics:
Page
Business indexes
22
Commodity prices
23
Construction and real estate
24
Domestic trade
25
Employment conditions and wages
27
Finance
30
Foreign trade
34
Transportation and communications
34
Statistics on individual industries:
Chemicals and allied products
36
Electric power and gas
38
Foodstuffs and tobacco
39
Fuels and byproducts
42
Leather and products
43
Lumber and manufactures
44
Metals and manufactures:
Iron and steel
45
Machinery and apparatus
47
Nonferrous metals and products
48
Paper and printing
49
Rubber and products
50
Stone, clay, and glass products
51
Textile products
52
Transportation equipment
54
Canadian statistics
55
Index of revisions made in December 1932 and June 1933 issues
56
General index
Inside back cover

Subscription price of the SURVEY OF CURRENT BUSINESS is 31.50 a year, which includes the 12 monthly numbers, the 1932 annual
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12167—33

1




SURVEY OF CURRENT BUSINESS

October 1933

Business Indicators
1923-25 = 100

!60

ISO

INDUSTRIAL PRODUCTION

FACTORY EMPLOYMENT AND PAYROLLS

160

200

INDUSTRIAL PRODUCTION

CONSTRUCTION CONTRACTS AWARDED

100

IGO

200

TOTAL FREIGHT CAR LOADINGS

DEPARTMENT STORE SALES

160

160

FREIGHT CAR LOADINGS L.C.L.

WHOLESALE PRICES

iOO

200

200


http://fraser.stlouisfed.org/ 9 ADJUSTED
Federal Reserve Bank of St. Louis

VALUE OF EXPORTS

BANK DEBITS OUTSIDE NEW YORK CITY

200

160

100

FOR SEASONAL VARIATION

* REPORTING MEMBER BAMS

VALUE OF IMPORTS

FEDERAL RESERVE MEMBER BANK LOANS*

SURVEY OF CURRENT BUSINESS

October 1933

Business Situation Summarized
notwithstanding the falling off in production, and
reflect the efforts of the National Recovery Adminisber, has continued relatively high. August industrial tration to increase employment and purchasing power
production was more than 50 percent greater than a by means of the individual and blanket codes.
Freight-car loadings declined last month, contrary
year ago. Distribution of goods by the railroads declined slightly in August, but retail sales increased by to the usual seasonal trend, and the adjusted index
more than the usual seasonal amount, partly as a dropped 6 percent. During the first half of September
loadings failed to record the usual seasonal rise. Forresult of price increases.
Industrial production which increased in July to eign trade returns for August show a further gain in
equal the 1923-25 average, fell off 8 percent in August. imports and a drop of 12 percent in exports.
Construction contracts awarded in August increased,
The recession was due to the drop in manufacturing as
mineral extraction increased. All major manufactur- due mainly to awards under the public works program.
ing industries for which data are currently available Private construction work remains extremely slow,
reported declines, with the exception of the lumber in- and total awards were 21 percent less than in 1932.
Prices continued to advance through the first 3
dustry, where production was unchanged, and the
tobacco industry, which showed a gain of 5 percent. weeks of September, but the recent movement has been
Increases in output in the coal industry were below of a more selective character. Retail prices iose
seasonal expectations. All the major industries were rapidly in August, accompanied by a rise in the cost of
operating at a substantially higher rate than a year ago. living. Wholesale prices averaged higher, although the
Retail trade increased by more than the normal gain since the last week in July has not been proseasonal amount in August, the adjusted index of de- nounced. Farm prices have declined since July.
Further steps to expand credit have been taken inpartment-store sales advancing 10 percent. Sales
through chain stores also showed improvement. With cluding an increase in the open-market operations of
the increase in sales and declining production, the wide the reserve banks which has resulted in an unpredisparity between production and consumption has cedented growth of excess reserves, but the actual inbeen reduced to some extent. Purchasing power con- crease in credit accommodations by the member banks
tinued to expand in August. The Department of has been slight. The flow of funds through the capital
Labor estimated the number returned to work during market has not been resumed, and new issues continue
the month at 750,000, and there was a further sub- at insignificant totals. The dollar has recently fallen
stantial increase in pay rolls. These gains were made to a discount of approximately 35 percent.
RODUCTIVE activity, although tending downPward
during August and the first 3 weeks of Septem-

Adjusted 2

5

•w

Year and month

3
I

w

"3
1

1
fl
«9
S

>»

£™

5

M
"Ǥ

1

3o

£
S3
%

3 OB

(* 3

!
fi
0>

i

I?

i
re -i^
fit X

& !i

|8
1"

Merchandise, l.c.1.

Total

«*

tc

T3
«

f

03

3

•5*
•^

•iw

T3
fl>
•**
05

z

0!

3
T?

«s
G

en

•5
•C?
<

1

1
«D
^3
S

5

5

I
3

I

90
78

88
77

101
82

90
89

89
78

96
79

84, 4
74.1

81.7
613

96
76

105
81

95
86

95
86

77
68

102
89

85
47

70
54

106. 2
83.8

81
59

Monthly
average,
1926=100
84.3
72.1

59
68
68
65
60

58
66
66
63
58

66
73
80
78
72

60
66
66
65
66

59
65
65
64
64

65
70
74
75
76

58.8
60.3
61.1
61.2
60.6

40.1
42.1
43.5
41.8
40.9

53
61
65
58
52

51
54
57
57
58

68
72
72
70
64

68
69
69
68
69

49
71
75
73
106

65
68
69
63
60

31
33
33
32
33

29
32
32
32
30

59.6
59.6
62.6
55.4
65.0

30
30
29
27
28

65.2
65.3
64.4
63.9
62.6

64
64
60
67
80
91
96
91

63
63 ,
58 -•
68
80
93 '
97
90

71
76
74
65
76
82
89
95

65
63
60
67
78
92
100
92

64
61
56
66
78
93
101
92

73
79
81
72
78
84
90
92

59.4
59.4
56.6
57.7
60.6
64.8
70.1
73.3

39.2
40.0
36.9
38.6
42.0
46.2
49.9
55.7

51
51
48
51
56
60
66
65

56
54
50
53
56
60
65
61

65
64
63
65
68
67
70
69

69
66
62
63
66
67
70
69

49
49
50
68
67
64
49
59

60
60
57
67
67
68
70
77

31
29
28
29
32
36
43
38

29
26
26
25
32
40
48
50

61.1
52.7
48.7
53.8
58.3
65.7
70.4
62.7

22
19
14
14
16 !
18 j
21 1
23

61.0
59.8
60.2
60.4
62.7
65.0
68.9
69.5

85

85
63
78

84
69
79

76.9
63 2
62.7

69.8
46 9
43.6

76
55

58
37
33

56
35
35

96.7
67.5
59.2

69
28
18

74.4
65.4
63.5

Monthly average, 1923-25=100
1930: August
1931: August . . . .
1932:
August
September
October
November
December
1933:
January _,
February
March
April
May
June
July
August
_ _ _
Monthly average, January through August:
1931

Wholesale price index, 784
commodities

Unadjusted 1

Foreign
Department
store sales, trade, value,
adjusted 2
value

Freight-car loadings

Construction contracts, all
types, value, adjusted i

Factory employment
and pay rolls

Industrial production

Bank debits outside New
York City

MONTHLY BUSINESS INDEXES

1932
64

77
1933. _


p.ri fnr rmmbpT of working davs.

56

88
73
66

85
63
57

2 Adjusted for seasonal variation.

SURVEY OF CURRENT BUSINESS

October 1933

Comparison of Principal Data, 1929 to 1933




\FIRST8MONTHS

W/////////A

REMAINDER OF YEAR

BANK DEBITS OUTSIDE NEW YORK CITY - (BILLIONS OF DOLUIRS)

CONSTRUCTION CONTRACTS AWARDED -(BILLIONS OF DOLLARS)

STEEL INGOT PRODUCTION - (MILLIONS OF TONS)

AUTOMOBILE PRODUCTION -(THOUSANDS OF CARS)

FREIGHT CAR LOADINGS -(MILLIONS OF CARS)

SURVEY OF CURRENT BUSINESS

October 1933

Commodity Prices
in the case of retail prices which recorded
EXCEPT
a rapid upward swing, the forward movement in
commodity prices slackened during August and the
first half of September. Fan-child's index of retail
prices increased 8.4 percent between August 1 and
September 1, the widest increase in prices for any one
month in over a decade. The cost of living index,
compiled by the National Industrial Conference Board,
advanced 2.3 percent in August, and was 7.6 percent
above the low of the year. From July 15 to August
29 there was a rise of only slightly more than 2 percent
in food retail prices. Wholesale prices, after declining
in the final week of July have increased very moderately since. Farm prices have declined since July.
Wholesale prices in August averaged nine tenths
of 1 percent above July, compared with an increase of
6 percent in the preceding month. The weekly index
has advanced only slightly since the third week of
July when it touched 69.7 percent of the 1926 average.
The combined index for the latest week reported at 70.5
percent was up 18 percent from the low of the year
and 7.8 percent above a year ago. Considerable divergence developed in August between the movements
of the various groups and economic classes. Raw
materials dropped 1.9 percent, while semimanufactured articles increased 3.8 percent and finished
products 1.7 percent. By groups, farm products de-

clined 4.2 percent, due in large measure to the 12 percent decline in the grains, and foods dropped 1.1 percent. The widest increase was in the textile group
which went up 9.7 percent, with cotton goods up 17
percent and knit goods 26 percent. Hides and
leather products advanced 6.3 percent, including an 8.8
percent rise in boots and shoes. The other groups, excepting the chemical group which was fractionally lower,
increased from three tenths of 1 percent to 3.7 percent.
The upward trend of farm prices was halted in
August and the index dropped 5.3 percent to 72 percent of the prewar average which was, however, more
than 40 percent above the year's low point. More
recently the movement has been irregular with the
September 15 index dropping to 70 percent of the
prewar figure,
Fairchild's retail price index as of September 1 was
19 percent above the May 1 figure which was the
lowest of the year. It was also 12 percent higher than
a year ago. The increases in the group indexes over
the low of the year were as follows: Piece goods, 23
percent; women's apparel, 19 percent; men's apparel,
14 percent; infant's wear, 12 percent, and home furnishings, 16 percent. Food retail prices increased in
46 of the 51 reporting cities from July 15 to August 15,
but in the latter half of August increases were reported
in only 28.

iisi
Year and month

Economic classes

si

os

15

1

!£
o«

•d<u

H
6

84.3
1930' August
72.1
1931: August
1932:
65.2
August
September..
65.3
October
64.4
63.9
November
December
62.6
1933:
January
_. 61.0
February
59.8
March.
60.2
60.4
April
May .
_-- 62.7
65.0
June
68.9
July
69.5
August
Monthly average,
January through
August:
74.4
1931
65.4
1932

63.4
1933


5

1
"S

A

I

1

i

/

Groups

S|

Jl

%
u
3
«

1

pH 05

01

O
1 1

as

T3

•**-*2v

£

i

i!
Oft

1
fed
G
T3

rs
3
tt

So
g
'O
•d

ccJ

1
§
g

60 -

W)
g

1
•a
2
c8

•3
fa

s*
&
£
M

»e
Crt
2

3
H

£ •••'

"5

I
£•§
vS *l
ro
SB

-V

32

«cc

-

3o 1'

S

£
§

3

I

1
si

J2
3

1

i

Retail
<M

O

-*a

1

S3V

89

tf n11i6
i

11
to

"8
£

£

Dec.
1930
average average
(Jan. 1,
to average
1913=
1923= 1909
1931)
=
1914=
100
100
100
100

Mo.

Monthly average 1926= 100

Mo.

Mo.

93.1
76.0

83.6
74.2

87.7
77.6

87.9
76.9

77.9
66.5

99.0
88.7

92.9
84.9

89.6
83.9

78.0
65.5

76.1
68.3

94.7
85.9

108
75

144
120

88.9

61.8
61.8
60.5
60.6
58.3

61.9
60.9
56.4
53.7
49.4

70.1
70.4
70.2
69.8
69.0

69.6
70.5
70.7
70.7
70.8

73.3
72.9
72.7
72.4
72.3

72.1
70.8
71.1
71.4
69.3

69.7
72.2
72.8
71.4
69.6

73.6
73.7
73.7
73.7
73.6

80.1
80.1
80.3
79.6
79.4

52.7
55.6
55.0
53.9
53.0

64.6
64.7
64.1
63.7
63.4

76.8
76.6
76.1
75.6
75.1

59
59
56
54
52

101
100
100
99
99

73.6
73.6
73.3
72.6
71.8

32.9
32.7
36.0
44.8
52.8
57.4
73.4
64.6

55.8
53.7
54.6
56.1
59.4
61.2
65.5
64.8

49.5
50.2
50.5
50.3
52.3
52.4
50.8
51.0

67.3
66.0
65.8
65.3
66.5
68.9
72.2
74.1

70.1
69.8
70.3
70.2
71.4
74.7
79.5
81.3

71.6
71.3
71.2
71.4
73.2
73.7
73.2
73.1

66.0
63.6
62.9
61.5
60.4
61.5
65.3
65.5

68.9
68.0
68.1
69.4
76.9
82.4
86.3
91,7

72.9
72.3
72.2
71.5
71.7
73.4
74.8
77.6

78.2
77.4
77.2
76.9
77.7
79.3
80.6
81.2

51.9
51.2
51.3
51.8
55.9
61.5
68.0
74.6

61.2
59.2
58.9
57.8
58.9
60.8
64.0
65.4

73.7
72.1
71.8
71.5
72.1
72.8
75.2
78.9

51
49
50
53
62
64
76
73

95
91
91
90
94
97
105
107

71.1
69.9
69.7
69.4
70.4
72.3
76.1
83.5

56.4
42.0
49.3

76.0
61.4
58.9

78.6
59.9
50.9

76.0
70.6
68.3

80.7
71.9
73.4

81.0
74.2
73.3

67.1
70.1
63.3

88. 1
73.9
76.5

87.0
75.7
73.3

85.4
80.4
78.6

68.3
55.6
58.3

70.7
64.7
60.8

87.8
78.6
73.3

86 1
58
60

124
103
96

93.6
77.3
72.7

86.2
76.4

81.8
64.1

78.7
68.3

70.7
70.4
69.6
69.3
68.4

55.7
56.2
54.6
54.2
52.1

57.9
60.7
60.7
58.9
57.7

49.1
49.1
46.9
46.7
44.1

38.2
37.4
34.4
33.2
31.7

66.7
65.7
65.7
65.7
67.2
69.0
72 2
73.4

50.2
48.4
49.4
50.0
53.7
56.2
61. 8
60.6

56.9
56.3
56.9
57.3
61.3
65.3
69. 1
71.7

42.6
40.9
42.8
44.5
50.2
53.2
60.1
57.6

78.1
71.0
68.3

67.6
55.5
53.8

71.0
59.3
61.9

68.1
49.0
49.0

84.9
63.5

Farm, combined index, 37 commodities (Department of Agriculture)

Wholesale (Department of Labor)

Cost of living(National Industrial
Conference Board)

INDEXES OF COMMODITY PRICES

80.4
44.8

87.6
74.6

SURVEY OF CURRENT BUSINESS

October 1933

Domestic Trade
HOLESALE and retail trade increased in both
W
volume and value during August. The forward
movement, normal at this season of the year, was stimulated by anticipation of a rising price level and by
substantial gains in employment and pay rolls. Complete data for August on industrial production and
retail sales confirmed the earlier indications that the
gap between them was at last being narrowed. The
drive to increase consumer purchases, which was inaugurated during September by the N.R.A., is expected
to have a marked influence on domestic trade. It was
noted in mid-September, however, that consumers
were experiencing some difficulty in becoming accustomed to the price changes which have occurred since
the low point in the spring. Scattered reports indicate the brisk trade in retail lines in the first week of
September was followed by a setback near the middle
of the month.
Department store sales picked up sharply in August
and were considerably above the corresponding month
of 1932. The Federal Reserve Board's index, adjusted
for seasonal variations, advanced from 70 to 77 percent of the 1923 to 1925 average. This gain of 10
percent brought the index to the highest point reached
since April 1932. However, part of this gain in the
value of sales is attributable to the increase of about
8 percent in retail prices in August. Compared with
August of 1932, dollar sales were 20 percent greater
but were 13 percent below the level of 1931. Department store stocks were enlarged during August and
the adjusted value index which has moved up con-

tinuously since April was 6.7 percent greater than in
July. Variety chain-store sales advanced sharply
and the index was 12 percent above a year ago.
Following the usual seasonal tendency sales of mailorder houses, including sales through their retail
stores, advanced in August. The gain of 20 percent
in the total value brought that figure to 19 percent
above a year ago and to a point only 6 percent below
August 1931. Considering the decline in prices from
1932 to 1933 mail-order sales for the year to date compare favorably with the total for the same months of
last year.
Freight-car shipments in less than carload lots were
slightly smaller than in July but slightly above those
in August of 1932. Weekly figures for September
indicate, however, that l.c.l. shipments are again increasing. In the week ending September 16, l.c.l.
loadings were 172,371 cars, nearly 3 percent less than
a year ago.
Commercial failures which have declined each
month since the first of the year were slightly more
numerous in August. The amount of liabilities involved increased 56 percent but the average for the
first 8 months of the year was 57 percent below the
corresponding period of 1932.
Newspaper advertising increased about 10 percent
while magazine advertising fell off 7 percent. Linage
in both instances was higher than in August 1932.
The magazine linage series has been revised and
data for the entire period covered may be found on
page 20.

DOMESTIC TRADE STATISTICS
Wholesale
trade

Retail Trade
Department stores
Year and month

Chain-store sales

Sales

Stocks 3

Unad- Adjust- justed 2
ed i

Unad- Adjust- justed 2
ed

Monthly average, 1923-25=100
1930: August
1931: August
1932:
August..
.
September
October
November
December.. .
1933:
January
February
March
April
May
June
July
August .
Monthly average, January through:
1931
1932
1933




1

77
68

102
89

87
77

91
80

49
71
75
73
106

65
68
69
63
60

59
63
67
69
56

61
60
61
61
60

49
49
50
68
67
64
49
59

60
60
57
67
67
68
70
77

52
54
55
55
56
56
56
62

58
57
54
53
55
57
60
64

85
63
57

81
67
56

Corrected to average daily sales.

Variety stores
Combined
Unad- Adindex
(19 com- just- justed
ed
panies)
Avg. same Monthly avermo. 1929- age 1923-25=
100
31=100

Mail
order
and
store
sales, 2
houses

Employment

Thousands
of dolls.

Monthly average 1929=100

Pay
rolls

Freight-car
loadings, merchandise l.c.l.

Commercial
failures

Advertising
linage

Unad- Adjust- justed 2
ed

Fail- Liabil- Maga- Newszine paper
ures
ities

Monthly average 1923-25=
100

Thou- MilNum- Thousands lions of
ber ofsands
dolls. of lines lines

147
143

164
160

50, 682
43, 004

95.0
86.5

93.6
82.1

95
86

95
86

1,913
1,944

49, 181
53, 025

2,057
1,713

70
66

80
83
82
80
79

118
123
142
130
226

127
135
133
129
117

33, 777
39, 156
45, 423
41, 281
51, 556

76.4
77.1
77.8
77.6
77.0

63.2
63.1
63.9
63.3
62.6

68
72
72
70
64

68
69
69
68
69

2,796
2,182
2,273
2,073
2,469

77, 031
56, 128
52, 870
53, 621
64, 189

1,173
1,310
1,607
1,754
1,641

49
62
71
64
61

80
76
75
78
78
82
86
84

100
103
110
129
126
125
123
129

135
138
121
140
130
137
142
139

26, 958
26, 176
27, 554
35, 365
37, 778
38, 986
33, 566
40,327

75.3
74.1
73.1
73.3
74.0
75.7
76.9
79.7

61.7
58.6
57.1
56.0
57.4
57.3
59.1
60.8

65
64
63
65
68
67
70
69

69
66
62
63
66
67
70
69

2,919 79, 101
2,378 65, 576
1,948 48, 500
1,921 51, 098
1,909 47, 972
1,648 35, 345
1,421 27, 481
1,472 42, 776

1,116
1,490
1,630
1,729
1,732
1,544
1,272
1,184

52
47
50
60
62
61
49
54

86
80

143
126
118

45, 452
35, 340
33, 339

87.5
78.7
75.3

85.6
68.8
58.5

88
73
66

2,379
2,853
1,952

2,468
1, 856
1,462

79
64
54

1

Adjusted for seasonal variation.

3

60, 565
87, 688
49, 731

End of month figures.

SURVEY OF CURRENT BUSINESS

October 1933

Employment
exception of the tobacco industry, where the decline
was slight, both employment and pay rolls were higher
in all groups during August than in the same month
fifth consecutive month of improvement in these of the preceding year.
Among the nonmanufacturing groups, employment
indexes. According to the Federal Reserve Board
statistics, factory employment rose 6.5 percent and gains from July to August were recorded for 15 of the
factory pay rolls 11.6 percent for the period. It was 16 industries—a decrease of 0.6 percent occurring in
estimated that 750,000 returned to work during the the telephone and telegraph industry. The usual
seasonal activity in canning and preserving accounted
month.
The employment gains between July and August for a 47 percent employment increase and a 48 percent
were more widespread than in any of the preceding pay-roll advance in that industry. The bituminous
months with increases appearing in 81 of the 89 manu- and anthracite coal-mining industries reported employfacturing industries surveyed by the Bureau of Labor ment gains of 8.6 percent and 8.8 percent, respectively,
Statistics. Higher pay rolls were reported for 83 of along with increases in hourly earnings and in average
these same 89 industries. Thirty-two industries re- hours worked per week. In August, employment in
ported employment gains of 10 percent or over while bituminous coal mining was 15 percent and pay rolls
6 industries showed increases of more than 20 per- 64 percent higher than in the same month a year ago.
cent for the month. In spite of the uninterrupted Better retail trade activity in August resulted in a
employment and pay-roll advances for the past 5 4.7 percent increase in employment and a 7.9 percent
months, the August indexes revealed that in only rise in pay rolls in this field.
The American Federation of Labor reports a slight
14 of 89 industries was employment higher than in
1926 and in only 4 industries were August pay rolls improvement in employment of trade-union members
higher than the 1926 average. On the other hand, in September.
employment in 30 industries and pay rolls in 69
Under the stimulus of the N.R.A. codes of fair comindustries were less than two thirds of the 1926 level. petition, average hourly earnings moved upward from
All of the 14 major groups of manufacturing activity July to August after remaining around the depression
showed increased employment for the month with the low for the preceding 3 months. The most prohighest proportionate rise, 11 percent, being reported nounced wage increases occurred in the cotton-goods
in the iron and steel group. The nonferrous metals industry, which was the first group to adopt a code.
and machinery groups also revealed employment Average hours worked per week dropped from 42.6 to
increases of 10 percent or over. With the single 38.8 in manufacturing industries during the month.
MPLOYMENT and pay rolls continued their
E
upward trend in August despite declining productive activity during the month. This marked the

STATISTICS OF EMPLOYMENT, PAY ROLLS, AND WAGES
Factory employment
and pay rolls, F.R.B.

Pay
rolls

Employment
Year and month

Unad- Ad- Unadjusted justed* justed

Anthracite
mining

Employment

Pay
rolls

Bituminous
coal mining

Power, light,
and water

Telephone
and telegraph

Employment

Employment

Employment

Monthly average,
1923-25=100
1930' August
1931: August
1932:
August
__ .
September
October _ _ _ . _
November.
December
1933:
January
_ _ _
February
__ .
March
April
. . .May
June
_ Julv
August
Monthly average,
January through
August:
1931
1932
1933

Wages

Nonmanufacturing employment and pay roDs

Pay
rolls

Pay
rolls

Pay
rolls

Retail trade

Employment

Pay
rolls

TradeFactory 2
union
members emComployed Aver- Aver- mon
age
age
weekly hourly labor
earn- earnings
ings
Percent
of total
members

Monthly average, 1929=100

Dollars

Cents
per
hour

85.1
74.2

84.4
74.1

8L7
64.3

80.2
67.3

78.8
56.4

89.2
77.0

71.1
50.6

106.4
95.9

106.6
96.2

98.8
85.9

102.5
92.3

85.6
81.8

87.6
80.3

78
74

25.27
22.49

0.593
.568

39
36

58.6
61.5
62.0
60.9
59.6

58.8
60.3
61.1
61.2
60.6

40.1
42.1
43.5
41.8
40.9

49.2
55.8
63.9
62.7
62.3

41.4
47.0
66.7
51.0
56.2

59.4
62.4
67.0
69.4
70.0

26.4
30.2
37.8
38.0
37.7

81.5
81.0
79.9
79.1
78.4

76.7
74.7
74.4
73.2
73.2

78.1
77.4
76.2
75.5
74.8

79.1
75.9
75.7
74.3
73.5

72.6
77.8
81.3
81.7
95.2

60.7
64.6
67.1
66.9
73.6

67
68
69
68
66

15. 35
16. 23
16.86
16.84
16.37

.487
.479
.474
. 468
.467

32
32
32
32
32

58.1
59.2
56.7
57.8
60.0
64.1
68.9
73.4

59.4
59.4
56.6
57.7
60.6
64.8
70.1
73.3

39.2
40.0
36.9
38.6
42.0
46.2
49.9
55.7

52.5
58.7
54.6
51.6
43.2
39.5
43.8
47.7

43.2
56.8
48.8
37.4
30.0
34.3
38.2
46.6

69.8
69.3
67.6
63.7
61.2
61.3
63.2
68.6

36.1
37.2
30.7
26.6
26.9
29.2
33.6
43.3

77.7
77.4
76.9
76.9
76.9
77.3
77.5
78.1

73.0
71.6
71.9
69.4
69.9
69.9
70.0
70.9

74.6
73.9
73.2
72.3
70.1
69.2
68.5
68.1

71.7
71.9
71.6
67.8
68.5
66.6
66.7
66.1

76.9
73.4
71.4
78.6
77.0
78.3
74.6
78.1

62.7
58.4
55.1
60.4
59. 5
60.5
58.1
62.7

65
66
66
67
67
69
69
69

16.21
16. 13
14. 56
15.39
16. 71
18. 49
19. 15
19.25

.468
. 464
.460
. 460
.453
.452
.455
.497

3i.'
32
32
33
33
33
34
35

69.8
46.9
43.6

79.5
63.1
49.0

73.8
52.9
41.9

84.3
67.5
65.6

59.2
35.4
33.0

97.3
84.7
77.3

98.6
82.8
70.8

87.9
80.7
71.2

94.8
84. 2
68.9

87.5
79.4
76.0

86.4
70.1
59.7

74
68
67

23.41
17.36
16.99

.571
.510
.464

36
33
33

76 2
62.5
62.3




1

Adjusted for seasonal variation.

2

National Industrial Conference Board.

8

SURVEY OF CURRENT BUSINESS

October 1933

Finance-Credit and Bankin
credit expansion program, of which one of
A NEW
the principal features was an increase in the
weekly rate of open-market purchases of United States
Government securities by the Federal Reserve banks
constituted a significant factor in the general credit
situation during August and September. Beginning
the third week of the former month these purchases
were raised to approximately $35,000,000, as compared
to a previous weekly rate of about $10,000,000. The
inauguration of this program happened to coincide with
public statements by the National Recovery Administration to the effect that the recovery program was
jeopardized by "the difficulty of some industrial concerns in obtaining adequate credit from banks/ 7 Supplementing this program—or constituting a part of
it—the Reconstruction Finance Corporation announced early in September that it was prepared to
make available as much as $1,000,000,000 for loans of
not more than 6 months' maturity, to be made to banks
at 3 percent and reloaned by them at not more than 5
percent. The latter step had been preceded by requests that banks take advantage of the provisions in
the Emergency Banking Act of March 9, 1933, whereunder they could sell 6-percent preferred stock to the
Corporation as a means of providing themselves with
loanable funds.
One of the apparent results thus far of the new openmarket program of the Federal Reserve banks has
been a marked increase in member-bank reserve funds.
During August the member-bank reserve account increased $115,000,000, and since that time the high rate

of growth has continued. As a result, excess reserves
have reached the unprecedented total of approximately
$700,000,000. There has been, however, at least one
other factor which contributed to the steadily mounting total, namely, the decline in member-bank deposits,
which automatically reduced the legal-reserve requirements.
The expansion of open-market Government security
holdings by the Federal Reserve banks was distinctly
the major factor in recent changes in outstanding Federal Reserve credit. Member-bank borrowing declined
$14,000,000 during August and approximately $20,000,000 during the first half of September.
Indicative of the slackened pace of business activity
during August, bank debits outside New York City
showed a decline, the first reversal in the upward trend
which set in last March. Similarly, debits in New
York City, which reflect to a marked degree the
activity in the speculative markets, also showed a substantial drop. Money in circulation continued downward and was possibly indicative of a further return
flow of money from hoards, in view of the fact that
August figures usually reflect the beginning of a
seasonal increase.
After declining in July for the first time during the
depression, Postal Savings increased by a small amount
in August. Deposits in New York State savings banks
dropped and were about 4 percent less than a year ago.
New life insurance written in August exceeded the
total for the corresponding month of the preceding
year for the first time since October 1932.

CREDIT AND BANKING STATISTICS
•

Year and
month

Bank debits

New
York
City

Outside
New
York
City

Condition of Federal Reserve banks, end of
Reporting m e m b e r
month
banks, Wednesday
closest to end of
month
Reserve bank credit outstanding
Member
United Total bank
Bills
Bills bought States deposits reserve
Loans
inAll
on
dis- in the GovernvestTotal countacsecuri- other
ment
ments
open
loans
count
ties
ed
market securities

!

Total
banker's acceptances
outstandin^,
end
of
month

Net
gold
imDePostal
ports
Savings,
in- Money posits,
balNew
cluding in
York ance to
gold circu- State
credit
lation savings of
redeleased
banks positors
from
earmark i
Thousands of
dollars

Millions of dollars

~~
1930: August _ _
1931: August-.
1932:
August
September
October
NovemberDecember.
1933:
January. __
February..
March
April

Mav

June
July
August...




186, 519

25, 052
17, 501

20, 941
16, 526

8,357
6,500

8,473
7,89$

6,338
7,665

1,025
1, 255

215
255

168
215

602
728

2, 423
2,632

2,378
2,373

1,339
1,090

-19.1
41.5

4,476
4,947

4,591
5,173

422, 699

13, 458
14, 163
12, 944
9,815
13, 967

11,757
11,767
12,354
10,935
12, 820

4,512
4,521
4,311
4,288
4,315

6,284
6,185
6,130
6, 125
5,982

7,743
8,201
8, 585
8,589
8,507

2,331
2, 233
2,227
2,202
2,145

433
332
328
309
235

34
33
34
35
33

1,852
1,854
1,851
1, 851
1,855

2,241
2,312
2, 446
2,484
2,561

2,146
2,225
2,383
2,411
2,509

681
683
699
720
710

106.6
100.2
66.4
70.3
171.9

5,720
5,685
5,643
5, 643
5,699

5,243
5,282
5,271
5, 265
5,314

847, 421
858, 720
870, 823
884, 297
900, 796

12,413
12, 036
12, 454
12, 012
13, 977
16, 743
17, 354
13, 076

12, 053
10, 401
9,608
10, 612
11, 509
12, 969
13, 878
12, 375

4,259
4,234

5,907
5,393

8,559
8,196

/ 4, 252
f 4, 267
/ 4, 308
f 4, 335
/ 4, 328

/ 5, 408
f 5. 486
/ 5, 407
/ 5, 488
f 5, 480

/ 8, 570
f 8, 632
f 8, 927
/ 8, 708
/8,778

2,077
2,794
2,572
2,459
2,218
2,220
2,209
2,297

274
582
426
435
302
164
167
153

31
336
305
171
20
48
9
7

1, 763
],866
1, 838
1,837
1,890
1,998
2 028
M29

2. 554
2, 236
2, 133
2,380
2, 394
2^494
2 544
2^675

2,446
2,141
1, 949
2,132
2, 167
2,292
2 294
M09

707
704
671
697
669
687
738
694

37.0
-169.4
— 113.3
23.7
1.0
.3
.6
-.9

5, 631
5,892
6,998
6,137
5,876
5,742
5,675
5,616

5,317
5, 269
5,220
5.164
5,113
5,130
5 085
5,059

942, 519
1, 006, 185
1,112,715
1, 158, 416
1, 178, 788
1, 187, 183
1 176 795
1, 177, 626

i Net exports indicated by (—).

/ Estimated on basis of new report covering 90 cities; old report covered 101 cities.

9

SURVEY OF CURRENT BUSINESS

October 1933

Finance—Security and Money Markets

S

ECURITY markets during August and the first
half of September were influenced by various unrelated, and at times contradictory, influences with the
result that no clear trends were in evidence at any time.
With a rather sharp drop in the dollar after the middle
of September, stock prices moved forward again more
or less in sympathy with exchange quotations. This
sympathetic movement has, however, been less marked
during September than during earlier months and after
the middle of the month was at times not in evidence
as stocks declined periodically in the face of sharp
breaks in the gold value of the dollar.
Business indexes showed moderate declines during
the period under review and, coupled with uncertain
elements in the general credit situation and speculative appraisals of the future of the dollar, combined to
subject security markets to confusion. The proposed
4-cent transfer tax by New York City added to the
lack of enthusiasm after the middle of the month.
The vicissitudes of the bond market represented
in the aggregate somewhat reactionary influences,
although certain issues registered distinct gains.
Among the latter particular note should be made of the
foreign issues of certain gold-standard countries.
French, Swiss, and Dutch East Indies bonds steadily
tended upward owing to the continued observance of
the gold clause in these issues. In general, high-grade
domestic issues have held up well.
New capital issues continued on a very low level.
Uncertainties in the general business situation and

the monetary outlook are no doubt parti}7 responsible.
Possibly in some cases uncertainties arising from the
new securities act are contributing factors, although
this is difficult to evaluate owing to the fact that inactivity has featured the flotation of some issues which
are exempt from the provisions of the act.
Another factor of interest in recent financial markets
is the extraordinarily low level of money rates. The
tremendous accumulation of excess reserves by member banks has led to a reduction in short-term rates
which in come cases—for example, in renewal call
rates—represents a new record. Dealers in brokers'
bills reduced open-market discount rates one eighth of
1 percent to the low level of January of this year.
The reduction extended to all classes of short-term
commercial loans and first became definitely noticeable toward the end of August with the inauguration of
the Federal Reserve banks' new open-market policy
on Government security purchases.
The money and security markets have been periodically influenced since the middle of August by various
conflicting reports relative to the flight from the dollar.
Estimates as to the volume and nature of capital expatriations have moved across the market and have added
to an already confused situation. The absence of adequate data on international movements, which can be
properly characterized as "flights from the dollar",
tend to discredit extreme estimates, whether high or
low, but naturally introduce elements of uncertainty
into the markets.

SECURITY AND MONEY MARKET STATISTICS
Stocks

Year and month

Prices
(aver- Sales
age reportweeked
ly)

Bonds

Yield Prices Yields
on
(do(60
com- mesismon
tic
stocks bonds) sues)

Dividend and
interest payments

Capital issues

Total

LongNew
term
capital realissues estate
bonds

Total

Average
dividend
per
Interest share
(600
paycomments panies)

Open-market
money rates,
New York

Brokers' loans

ReCall
ported RaCom by
mon- Time merthe tio
ey-re- loans- cial
New
to
newal (range) paper
York mar(averStock ket
(range)
age)
Ex- value

change*

Thou- Per1926 = sands
100 sharesof cent
1930: August
1931: August1932:
August
September
__
October
November..December
1933:
January
February.. . _
March
April
_.
May
June
July
August

PerDollars cent

Thousands of dollars

Dollars

39, 870
24, 890

4.42
5.74

98.58
93.75

4.43
4.49

291, 114
126, 836

204, 989
120, 329

1,938
2,100

505, 000
480, 958

227, 000
245, 158

2.86

2.21
1.50

2H-2M

2.26

53.3 82, 649
58.2 67, 424
49.9 29, 188
47.5 23, 038
47.4 23, 208

5.65
4.91
5.73
5.84
5.68

83.70
83.93
82.04
81.36
81.65

5.57
5.35
5.50
5.68
5.75

169, 482
138, 607
124, 062
76, 400
157, 920

61, 645
89, 971
100, 020
44, 801
122, 713

0
700
0
220
200

367, 100
437, 440
621, 654
438, 032
546, 439

247, 500
312, 440
454, 354
307, 532
426, 239

1.25
1.24
1.24
1.22
1.21

2.00
2.00
1.35
1.00
1.00

1/4*— iVo
\\/-\\/)

49.1
44.9
43.2
47.5
62.9
74.9
80.4
75.1

5.42
6.10
6.30
5.58
3.99
3.27
3.02
3.25

83.32
79.09
78.58
80.07
84.73
86.84
88.03
87.91

5.59
5.73
6.25
6.38
5.78
5.37
5.15
5.12

109, 963
56, 513
19, 094
45, 388
59, 643
222, 644
161, 990
52,901

64, 610
19, 636
16, 265
24, 928
43, 802
110, 148
117, 083
45, 600

0
900
0
0
0
0
0
0

863, 492
387, 200
430, 351
561, 279
428 449
571, 529
763, 219
349, 620

592, 892
241, 800
290, 351
424, 429
274, 565
437,179
557,319
247, 820

1.20
1.16
1 11
1.09
1.06
1.05
1.05
1.05

1.00
1.00
3. 32
1.37
1.00
1.00
1.00
.98

147.6
95.5

 12167—33


18, 720
19, 320
20, 089
52, 901
104, 229
125, 627
120, 300
42, 466
1

2

Wednesday closest to end of month.

2

Millions of
dollars

Percent

3
2

ll£_llx£

2

3,559
1,354

-21A

\£> ]\/_]\/

1 -\V
1 -ll/i
3^-1 14
l~ll/4

End of month.

Per- Mil-of
cent lions
dollars
5.31
3.04

332
1.19
1.42 !
380
1.39
325
338 i 1. 52
347 i 1. 52

2 -2^4
~y }\/ l%-2%
\/ 1X4-13/
•y \\/-\z/

l/_-j.i/
2X^-3X4

Made
by reporting
member
banks
N.Y.C.a

I X^-4 V£
2 -3M

359
360
311
322

11^-2 4|
1^-1% !
V/2

780
916
S17

ji/_m

i:

r,9Q

1.56
1.83
1.56
1.20
1. 63
2.15
2.80
2.50

3,110
1,366
345
425

362
353
394
454
418
512
635
764
876
881

10

SURVEY OF CUREENT BUSINESS

October 1933

Foreign Trade
STATES exports during August were
UNITED
valued at $131,500,000 and imports at $155,000,000. Both exports and imports usually show a
seasonal increase of about 5 percent from July to
August, but this year the value of exports declined
9 percent, while the value of imports increased 8
percent. Expanding domestic activity has been partly
responsible for the greater import demand, but rising
dollar prices and the possibility of still higher dollar
prices for foreign merchandise has exerted an important
influence on this trade. The gold exchange value of the
dollar averaged about 28 percent below par in August.
The $12,000,000 increase in the import value resulted from larger quantity purchases as well as higher
prices of a wide range of commodities. Only 1 of the
11 group classifications—vegetable food products and
beverages—declined in value during August, and even
in this group a large number of the important commodities showed increases. The drop of $3,400,000
in value resulted from an 8,000,000-dollar decline in
the value of sugar imports from the Philippine Islands.
Compared with July, imports of hides and skins were
$1,100,000 greater and leather manufacturers—primarily gloves—were nearly $700,000 larger. Coffee
imports advanced $2,600,000, cotton manufacturers
$1,100,000, burlaps $1,300,000, unmanufactured wool
$1,100,000, paper base stocks $500,000, petroleum and
products $500,000, tin $1,400,000, fertilizers $500,000,
art works $700,000, and crude rubber $1,200,000.
The decline of $13,000,000 in value of export trade
from July to August was largely a readjustment of

the unusual trade movement in July. Smaller exports
of unmanufactured cotton and petroleum, both of
which increased sharply from June to July, contrary to
the usual seasonal movement, were largely responsible
for the lower total value in August. The value of
refined mineral oils exported fell off $5,500,000, and
of unmanufactured cotton, $8,600,000. Despite the
drop of over 20 percent in unmanufactured cotton exports the quantity shipped was higher than in any
other August on record. For the year to date the value
of raw cotton exports has accounted for 22 percent of
the total value of all exports. Cotton cloth exports
declined sharply; only 18,000,000 yards were exported
in August, compared with 29,000,000 in July, while
the value fell off from $2,500,000 to $1,700,000.
A considerable number of important commodities,
on the other hand, showed further increases. The
value of exports of machinery equipment and appliances increased for the fourth consecutive month.
Exports of automobiles and advanced manufactures of
iron and steel were larger in value than in any month
for over a year. The value of exports of iron- and
steel-mill products was greater than in any month since
the latter part of 1931. Exports of fruits and nuts
increased $1,400,000, partly owing to seasonal influences.
As a result of the low value in the early part of the
year, exports for the year to date were valued at
$945,000,000, 10 percent less than in the corresponding period of 1932, and imports at $890,000,000, or 3
percent less.

EXPORTS AND IMPORTS
!

Indexes

Exports of United States merchandise

Ex- i
ports,
inTotal Total cludimexing
Year and month ports, ports, reex- Totai
adadjusted i justed^ ports

Crude materials

Total

Raw
cotton

Foodstuffs

Total

Fruits
and
preparations

«So|
1930: August . _
1931: August
1932:
August
September
October '
November
December
1933:
January
February
March
April
May . .
June
July
August
._Cumulative, January
through August:
1931
1932. .
1933




70
54

297. 8
164.8

293.9
161.5

53. 2
25.5

27. 6
9.9

52.5
28.1

31
33
33
32
33

29
32
32
32
30

108.6
132.0
153.1
138.8
131.6

106.3
129. 4
151.0
136. 4
129.0

29.7
47.4
60.5
55. 3
52.2

18.1
32.1
40.0
38.5
39.0

17.3
20.4
25.2
19.9
16.0

i
28
29
32
36
43
38

29
26
26
25
32
40
48
50

120. G
101.5
108.0
105.2
114.2
119. 8
144. 2
131.5

118.6
99.4
106.3
103. 1
111.9
117. 5
141. 7
129.3

42. 3
31.8
29.4
28.6
35.0
40.3
51.5
42.0

29.7
20.6
18.1
16.9
26.1
29.3
36.8
28.2

56 1, 661. 5 1, 628. 1
235 1,055.4 1,030.2
945.0
235
927. 8

322.3
298.2
300. 9

171.4
195.6
205. 7

2

1

Semiman ufaetures

Total

AutomoMa- biles,
chin- parts,
ery
and
accessories

Total

Finished
Crude Food- Semima- stuffs manmanufac- ufacterials
tures tures

Millions of dollars

85
47

258
237
233

General imports

Finished manufactures

Adjusted for seasonal variation.

7.7
8.0 ;

40.8
23.9

147.5
84.1

34,0
20.2

17.1
10.8

5.4
9.6
12.2
7.9
4.8

12.9
15.9
16.9
14.6
15.7

46.3
45.9
48.4
46.6
45.0

9.0
9.1
11.6
10.2
9.7

16.2
12.8
13.4
11.3
13.0
13.4
15.4
16.9

4.6
3.8
3.9
2.9
3.8
2.9
4.3
5.6

15.8
13.2
16.5
15.3
17.6
18.2
21.4
20.5

44.3
41.5
47.0
47.9
46.2
45.7
53.4
50.0

9.2
8.5
9.4
8.8
9.1
9.3
10.1
10.9

244.6
160.1
112.4

64.7
42 2
31.8

233. 6
133. 7
138.5

827.5
438.3
376.0

238.9
91.0
75.3
2

218. 4 1
166.7

72.6
47.7

43.8
45.4

44.2
28.3

57.8
45.3

5.1
4.9
5.0
4.4
5.1

91.1
98.4
105.5
104. 5
97.1

22.2
27.3
27.2
27.8
28.7

29.2
31.3
33.5
32.0
28.2

15.1
14.6
16.7
16.6
16.7

24.6
25.3
28.1
28.1
23.4

6.5
6.3
6.9
7.4
7.4
7.0
7.5
8.1

96.0
83.8
94.9
88. 4
106. 9
122.3
143.0
155.0

27.2
21.1
23.6
21.1
24.9
34.3
46.4
50.7

30.7
30.0
33.6
32.8
40.0
36.9
38.8
35.4

16.2
13.6
14.8
13.5
18. 3
27.8
31.0
35.2

21.9
19.1
22. 9
20^9
23.6
23.3
26.8
33.7

117. 2 1, 448. 3
56.9
917.3
57.1
890.3

439.3
247.3
249.3

385.6
282.0
278. 2

259.9
152. 3
170.4

363.5
235.7
192.2

Monthly average.

11

SURVEY OF CURRENT BUSINESS

October 1933

Real Estate and Construction
February, and the volume of private construction continues at a low ebb.
While residential building slackened slightly from
$106,000,000, was brought about by an increase in
public works and utility undertakings. Whereas these the previous month, the valuation of these contracts in
contracts' totaled only $19,000,000 in the previous August remained a little higher than in August a year
month, in August they aggregated $51,000,000, three ago, the fourth successive month in which an increase
fourths of which represented contracts for highways over a year ago has been reported. In August 1931,
and water-supply systems. A year ago all awards however, the total was nearly three times as large.
totaled $134,000,000; of this amount, $64,000,000 The Middle Atlantic States, including New York
represented public works and utility projects. All con- City, accounted for more than one third the entire
tracts awarded for the first 8 months of the year were contract valuation in August.
valued at $621,000,000, as compared to $930,000,The value of Federal-aid highways approved for
000 in the similar period of 1932. According to esti- construction during August was at the lowest point
mates of the F. W. Dodge Corporation, the full year's since figures were made available in 1924. A year ago
construction contract total for 37 eastern States will the total was six times as much. System highways
range between $1,000,000,000 and $1,100,000,000. under construction in the month also reached the
During the year 1932 a total of $1,350,000,000 was lowest level on record.
reported.
Building material shipments declined during the
Although the Federal Keserve Board's adjusted month. After five successive increases, cement shipindex of construction contracts awarded increased ments dropped 31 percent from July and were not
slightly in August to the highest point for the year, the much more than half the total reported a year ago.
figure indicated building activity was not more than 23 Maple-flooring shipments also decreased.
According to the Engineering News-Record's index,
percent of average operations reported from 1923 to
1925. A year ago it was 30 percent and in August 1931 construction costs (including the prices of structural59 percent of the 1923-25 average. For no month so steel shapes, cement, lumber, and the rates paid comfar this year has the index come within 10 percent of the mon labor) rose 6 percent in July and August. On
lowest figure reported during 1932. No long-term September 1 building prices were 11 percent higher
real-estate bonds have been publicly issued since than they were a year ago.
28 percent gain in value of construction conTHE
tracts awarded in August, which amounted to

BUILDING MATERIALS, CONSTRUCTION, AND REAL ESTATE
Building material
shipments

Construction contracts awarded

Year and month

1930: August
_ .. _
1931- August
1932:
August.
.
September
October
. _.
November
December . _ _
1933:
January _ . .
February
_ _
March
April- _
May
June
_ _
July
August _ _ _ _
Monthly average, January
through August:
1931
1932
1933

F.R.B.
index
adjusted i

AH types of
construction

Monthly
average
1923-25=
100

NumMilMilber of lions
of Mil-of
of lions
proj- dollars
square lions
dollars
ects
feet

Residential
building

Public
utilities

Explosives,
Pubnew Maple Oak
lic
orders floor- floorworks
ing
ing

Millions of
dollars

Cement

Thou- Thousands of Thousands of
feet, board sands of
pounds
measure
barrels

Federal-aid
highways
Approved Under
confor
con- strucstruc- tion
tion

Thousands of
dollars

ConReal
struc- estate
martion
costs, ket acEng. tivity,
News- deeds
Rec- recordord 2
ed

Longterm
real
estate
bonds
issued

Month- Monthly av- ly av- Thouerage sands o f
erage
1913=
1926= dollars
100
100

81
59

11, 621
9,242

347
233

16.8
14.1

82.7
60.2

49.3
12.4

78.3
60.9

32, 687
25, 437

4,416
3,397

21, 509
21, 464

20, 299
15, 172

57, 992
41, 880

302, 444
378, 476

201.0
171.4

69.6
59.8

1,938
2,100

30
30
29
27
28

7, 185
7,152
6,483
5,266
4,205

134
128
107
105
81

5.5
6.6
6.0
5.5
3.4

20.8
22.8
21.9
19.2
13.0

7.4
4.5
8.3
4.1
6.5

56.7
64.2
50.2
50.1
36.9

17, 607
20, 867
22, 122
19, 074
17, 998

2,816
2,402
2,031
1,902
1,590

11, 626
11, 739
10, 657
5,918
4,327

10, 968
9,729
8,743
4,782
2,835

56, 154
58, 319
56, 058
51, 976
45, 085

242, 175
260, 943
255, 315
250, 724
250, 978

156.8
158.0
159.2
158.2
158.5

54.2
53.4
60.4
50.1
52.9

0
700
0
220
200

22
19
14
14
16
18
21
23

3,800
3,884
6,303
7,254
9,409
9,186
8,229
8,193

83
53
60
57
77
103
83
106

3.2
3.1
4.8
5.8
8.4
8.3
7.4
6.4

12.0
11.8
16.0
19.1
26.5
27.8
23.6
21.9

8.0
4.7
2.5
2.4
5.6
5.0
4.1
19.4

34.7
12.5
15.1
11.2
13.4
19.4
14.8
32.0

17, 129
15, 437
15, 435
15, 006
14, 975
17, 886

1,496
1, 318
1,246
2,097
2, 715
4,384
4,326
3, 386

4,433
6,074
7,573
9,479
14, 549
17, 723
13, 676
12, 793

2,502
2,278
3,510
4,949
6,709
7,979
8,697
5,994

40, 180
33, 050
25, 738
13, 127
8,371
8,996
9,208
6,209

252, 372
260, 185
265, 678
269, 489
260, 736
242, 107
222, 452
191,040

158.4
159.3
158.4
160.2
164.4
163.4
165.5
167.0

50.4
57.2
41.7
41.1

0
900
0
0
0
0
0
0

69
28
18

9,929
6,628
7,032

289
116
78

17.8
6.5
5.9

76.9
25.4
19.8

27.4
6.5
6.5

85.5
39.2
19.1

3,179
2,275
2,621

24, 063
11,433
10, 788

11, 142
6,811
5,327

85, 562
57, 205
18, 110

316, 838
217,425
245, 507

187.4
156. 2
162.1

1
Based on 3-month moving average and adjusted for seasonal variation.



2 First of month. Sept. 1 index 175.5.

4,146
319
U3

12

SUKVEY OF CURRENT BUSINESS

October 1933

Transportation
traffic in August declined contrary to
FREIGHT
the usual seasonal trend and the adjusted index

Net operating income of class I carriers in July
amounted to $64,307,000, the largest total for any
month since October 1930. For the first 7 months of
the year net operating income was 79 percent larger
than in 1932, and 27 percent smaller than in 1931. It
was equivalent to an annual rate of return of 1.64 percent on the property investment of the roads. The
July return was considerably higher than the average.
The improvement in net income this year has been the
result of the continued control of operating expenditures which were 13 percent less in the 7 months ended
July than in the same period of 1932. This more
than offset the decline of 6 percent in gross revenues,
and permitted the large gain in net income indicated
above.
Greater activity in railroad repair shops was indicated by the August employment figures which showed
an increase of 5.3 percent, accompanied by an increase
of 16 percent in pay rolls. While fairly large percentage increases were also reported for the equipment
manufacturing branch, they actually represent only
a slight improvement as indicated by the fact that pay
rolls in the locomotive industry were at 9.3 percent of
the 1926 average and in the car-building branch, 13
percent of the 1926 average. Rail orders placed by
the roads to date have been few and the lack of support
from this quarter^ has been one of the contributing
causes of the recession in steel-mill activity.

dropped 6 percent. In the first 3 weeks of September
the adjusted index also moved lower. Comparisons
with the months preceding July and with the corresponding period of 1932 are still favorable, and the
financial position of the carriers continues to show
marked improvement.
With the exception of July, the adjusted index of car
loadings was the highest since March 1932. The
decline in August was occasioned by the reduction in
grain and miscellaneous freight shipments, together
with a slight recession in l.c.l. and forest-products
loadings. The index of miscellaneous freight was the
lowest since May. All classes, excepting livestock and
ore, showed decreases after adjustment for seasonal
factors. The adjusted index of l.c.l. loadings dropped
1.4 percent, and was only slightly higher than in August
1932. Coal loadings continued to expand, but the
August increase fell short of the normal seasonal rise.
Compared with a year ago, August carloadings were up
21 percent and for the year to date the increase was 0.6
percent. The relative gains in comparison with a year
ago have narrowed appreciably in recent weeks, partly
due to the upward movement in the latter part of the
third quarter of 1932. For the latest week reported loadings were, 652,016 up 11 percent over a year ago, compared with weekly gains of as high as 30 percent in July.

i

F.R.B. index
1

•e

to

Year and month

t3

1
1

I

•^

3
g

!

o
X

5

Monthly average, 1923-25=
100
1930: August
1931: August
1932:
August .
September
October
November
December
1933:
January
.
February
March
April

.

__

May
June
July
August
Monthly average, January? through August:
1931 . _
1932
1933

 ^Daily average basis.


2

o

OB

ll

•sa

|

V
I*
4>

1

I.

S

i

Thousands

Thousands of cars 4

96
76

89
72

938.0
747.6

147.8
118.7

8.3
4.6

41.4
27.6

60.3
44.3

22.0
21.7

236. 0
214.0

53
61
65
58
52

51
54
57
57
58

516.2
561.1
631.6
548. 8
497.4

84.6
103.6
135.2
122. 8
125.2

2.7
3.4
4.8
4.8
5.6

15.5
17.1
18.9
16.0
13.2

38.5
37.1
34.7
27.8
26.5

16.9
20.3
23.4
19.0
16.6

51
51
48
51
56
60
66
65

56
54
50
53
56
60
65
61

477.6
489.5
460.3
500. 9
532.0
566. 3
621.8
625.7

107.1
123.1
91.4
79.5
79.6
90.5
112.1
123.5

5.2
6.2
4.5
3.4
3.8
4.9
6.6
6.7

13.7
13.7
14.6
17.2
20.8
25.1
26.8
27.2

26.6
25.3
26.0
35.5
37.0
36.7
44.9
29.6

736.3
532.5
535.9

123.7
92.1
100.5

6.7
4.1
5.1

31.5
17.8
20.0

41.2
32.0
33.1

76
55
56
2

!

I
If

V
cc

Freight-car surplus

Freight-car loadings

For seasonal variation.

a

Pullman
passengers
carried i^ ^

RAIL AND WATER TRAFFIC
Financial
statistics
1 M
fl

'to%

13
U

Canal traffic

>»g

t«

S|aa

rt

•« «
fl .-a

2

oil ill
+» o «a
0 W b

5
e3
OQ
X
es

00

i«

1
QC

Thousands of
dollars

£
V
fc

Thousands of
short tons

rt

q

OS
t*

Thous.
of long
tons

365.7
281.8

432
574

2,767 96, 018
2,091 56, 444

37, 700
32, 000

11, 267
8,385

457
425

1,022
859

169.1
170.3
178.7
166.5
155.4

7.1 182.1
6.1 203.2
6.4 229.6
3.0 189.0
1.8 153. 1

708
599
545
622
647

1,323
1,339
1,158
1,078
1,248

28, 368
49, 647
63, 839
34, 179
32, 857

7,000
7,300
10, 400
7,500
5,900

3.095
3,807
3,924
2,877
215

528
478
554
588
0

650
638
723
682
587

17.2
15.4
13.0
16.5
16.6
15.5
15. 0
16.6

153. 4
154.6
156. 1
160.5
165. 3
163.6
166.4
170.0

1.8 152.6
1.8 149.4
2.0 152.7
3. 2 185.2
7.7 201.2
11.1 219.0
22.1 227.8
34.2 217.9

692
650
681
619
553
454
393
398

1,158 13, 266
952 9,855
872 10, 548
974 19, 041
951 40, 693
1,201 59, 483
64, 307

10, 500
8,000
11, 300
11. 500
1,425
2,950
16, 500
4 900

0
0
0
696
3,490
3,582
6,050
7 690

0
0
0
183
542
479

560
623
724
302
783
779
823

20.9
17.4
15.7

215.6
178.3
161.4

17.9
3.9
10.6

278.7
186.9
189.3

610
737
555

American vessels, both directions.

4

56.7
35.0

Average weekly basis.

........ "42,
352
»17, 326
»31 028

39, 800 h 5, 580
22, 637 h 1,932
8 384 M 302

o 7 months' average.

h

*892
9 642
" 653

August April-August.

13

SURVEY OF CURRENT BUSINESS

October 1933

Automobiles and Rubber
schedules in the automobile indusPRODUCTION
try were lowered during September. The recession, however, has been less than was anticipated in
view of the absence this year of the decline which
usually occurs during the early summer months as
indicated by the sharp rise of the adjusted index
through July. Retail sales likewise have shown some
decrease, although the amount was less than seasonal
and reports indicate that demand was well maintained
into the third week of September.
Total production increased slightly in August, and
the output was higher than that for this month since
1929. Although normally an increase in output is
expected, the advance over the July total was the first
that has taken place between these two months since
1928 and is in contrast to the recent downward trend
of production in most industries. The Federal Reserve Board's adjusted index of production for August
declined 13 percent below the level of July, and was
only slightly below that reported three years ago.
Output of Canadian plants declined in August for the
third successive month, although production was still
above the levels of the same month of 1931 and 1932.
New passenger-car registrations in August declined
about 6 percent from the July figures. It is estimated
by R. L. Polk & Co. that sales for the first 8 months
of the year will be close to 1,040,000 units, as against
1,096,000 for the entire year of 1932.

Although tire output in August was the smallest in
4 months, it was at the highest level for any similar
month since 1929. For the first 8 months of 1933,
the number of tires produced was 3.5 percent higher
than in the same period of 1932, but was below the
total for the similar months of 1931. Due to seasonal
influences, schedules of the tire industry tapered off
further during the first part of September. Domestic
shipments of tires were slightly below total production
in August. For the year to date they also totaled a
little less than production, whereas last year at this
time total output was slightly larger than shipments.
Due primarily to increased production in the Middle
East, the larger domestic consumption of crude rubber
since May has failed to be reflected in a proportionate
decrease in world stocks. While stocks declined somewhat during August, the total tonnage was above that
on hand a year ago. Crude rubber consumption in
this country so far this year was 15 percent higher than
in the corresponding period of 1932, and average world
stocks remained slightly higher than in the like period
of last year. Imports of crude rubber during August
were at the highest level since March 1932. For the
first 8 months of the year, however, they totaled 15
percent less than incoming shipments in these months
of 1932. The total volume of imports has exceeded
domestic consumption by only a negligible amount
thus far in 1933.

AUTOMOBILE AND RUBBER STATISTICS
Automobile production
United States
F.R.B.
index, Total
adjusted i

Year and month

Monthly average
1923-25
= 100
1930: August
1931: August _
1932:
August
September
October
November
December
1933:
January
February
March.. ...
April
May.. ...
June
July
August
Monthly average, January through August:
1931
1932
1933

_




Passenger

cars

Taxi- Trucks
cabs

Automobile
exports

Automobile

Pneumatic

Crude rubber
financing
tires
New
passenger
Canada
Docar
By
Do- mestic
World
Pro- mestic
Passen- Trucks regconIm- stocks,
whole- etail
pur- duc- ship- sump- ports
istrager cars
sale chasers
end of
tion
tions

Total

Thousands

dealers

ments

Millions of
dollars

Number

tion,
total

Thousands

month

Long tons

62
52

224
187

184
155

386
104

40, 450
31,772

9,792
4,544

7,956
5,675

5, 318
2,374

203, 643
155, 744

45
44

103
80

3, 332
3,125

3,976
3, 845

28, 129
25, 379

36, 657
39, 033

451, 114
550, 580

23
24
17
31
60

90
84
49
60
107

76
65
35
47
86

9
13
5
239
291

14, 418
19, 402
13, 595
12, 025
21, 204

4,067
2, 342
2,923
2,204
2,139

2,893
3,053
1,733
1,762
2,757

2,044
2,601
2,549
1,353
2,221

93, 457
81, 893
63, 195
44, 358
45, 683

22
19
13
12
20

45
39
34
28
27

2,471
2,031
2,055
1,843
1,586

2,065
2,411
1,385
1,306
1, 405

20, 582
20, 692
19, 337
20, 157
15, 631

33, 989
29, 280
35, 806
29, 620
32, 016

595, 782
599, 761
604, 008
611, 301
621, 078

48
33
27
44
51
66
70
61

130
107
118
181
218
253
233
236

108
91
99
153
185
211
195
195

5
152
660
411
54
35
4
68

21, 718
15, 333
18, 064
27, 317
33, 605
41, 839
38, 065
41,336

3,358
3,298
6,632
8, 255
9,396
7,323
6,540
6,079

7,059
5,521
5,528
5,662
5,093
4,757
5,546
6,516

3,084
3,136
2,528
2,656
2,445
2,478
3,582
3,793

79, 821
69, 464
78, 741
119,909
160, 242
174, 190
185, 660
175, 000

30
28
28
41
55
57
58

31
29
34
45
58
66
65

1,806
1,871
1,630
2,499
4,151
4,880
4,571

2,011
1,764
1,616
2,874
4,077
4,320
4,324

19, 928
18, 825
15, 701
22,817
38, 785
44, 654
43,660
39, 097

30, 663
22, 969
28, 475
21, 034
26, 736
23, 504
45, 243
45,413

614, 851
618, 299
622, 142
617, 490
620, 586
632, 565
619, 752
607,978

66
36
50

247
134
185

207
113
155

388
71
174

40, 032
21, 120
29,660

9,357
6,401
6,360

8,374
4,017
5,710

4,383
2,030
2,963

190, 900
107, 659
130, 378

"58
a 35
*42

?92
*52
"47

o 3, 834 o 3, 592 29, 753
o 2, 760 ' 2, 853 26, 532
"3,058 '2,998 30,433

40, 317
35, 981
30, 505

528, 720
612, 342
619,208

i Adjusted for seasonal variation.

• 7 months' average.

14

SURVEY OF CURRENT BUSINESS

October 1933

Chemical Industries
CTIVITY in the chemical industries has been adversely affected by slackening production in other
A
major productive lines. The decline has been more

thetic methanol increased, and was larger than in the
same month of either 1932 or 1931. Synthetic methanol shipments continued larger than the output and
pronounced in the rate of incoming business than in current stocks are less than one third as large as in
the actual output. Heavy chemicals were princi- August 1932. Eefined methanol output for the past
pally affected. Alcohol demand picked up seasonally, 2 months has exceeded shipments and resulted in an
while little change occurred in the paint and varnish increase in refined stocks. Stocks of synthetic were
industry where demand remained dull. Prices have equivalent to only slightly more than 1 month's shipbeen generally firm, and the Bureau of Labor Statistics ments at the August rate, while stocks of lefiiied were
index of wholesale prices of chemicals and drugs in August equivalent to 4 months' supply. Prices have been firm.,
dropped only one tenth of 1 percent. In the first half
Notwithstanding conservative trade in naval stores,
of September price changes for the group were small.
the statistical position improved in September. Both
Employment in the chemical and allied products receipts and stocks of gum rosin were reduced during
industries was higher in August. The rise of 7.7 per- the month and, while production of wood rosin incent advanced the index to within 10 percent of the creased, stocks were materially reduced. Gum tur1923-25 average. Aside from the partly seasonal pentine production was also reduced, although not
Increase of 19 percent in the cottonseed industry, the to the extent of shipments. Wood-turpentine shiplargest relative gain was in rayon manufacturing. In- ments exceeded production, resulting in a further
creases of 10 percent were reported for the chemical, reduction of stocks. Stocks of all classes of naval
explosive, and fertilizer subgroups.
stores are well below the level of a year ago. Prices
With the exception of the paint and varnish section have been easier, canceling part of the sharp July
which reported a pay-roll decrease of 2.1 percent, pay mark-up.
rolls in all branches were higher, the total gain amountConsumption of fertilizer in the Southern States
ing to 5.7 percent. In the chemical, cottonseed, fer- was at a seasonal low point in August. Due to the
tilizer, petroleum refining, rayon, and soap industries, publication of an erroneous consumption figure for
the pay-roll increases were relatively less than the last April, the trend of consumption during the current
employment gains.
year has not been correctly shown in recent issues.
The seasonal demand for alcohol for antifreeze pur- Consumption in the first 8 months was one fifth
poses, and an increasing volume of business from greater than in the same period of 1932. Imports in
industrial consumers has resulted in a sharp gain in August increased, although nitrate of soda imports
alcohol output. Production of both refined and syn- remained small. Quotations have been lowered further.

CHEMICAL STATISTICS
General operations

Alcohol

Electri- Employment
Stocks
Pay
cal
rolls Manuenergy
unad- facRaw
conAd- justed
sump- Unadtured matetion justed justed i
goods rials

Year and month

Ethyl




1

ReSynfilled thetic
meth- methanol
anol

Con- Total Nitrate
sump- imports
of soda
tion 2
imports

Production

Monthly average, 1923-25=100
1930' August
193T August
- -1932:
August
September
October
November
December
1933:
January
February
March
April
May
June
--_
July
August
Monthly average, January
through August:
1931
1932
1933

Fertilizer

ByTurprod- Explo- Rosin, penuct
sives wood tine,
wood
coke

Thousands of gallons

Thous. Thous.
of short oflb.
tons

Barrels

Thous.
of short
tons

Long tons

135. 7
137.6

101.5
84.4

104.4
86.6

100.7
80.4

117
115

93
85

12, 890
12, 363

347
80

435
316

3,611
2, 435

31, 168
24, 548

37, 349
17, 074

6,125
2, 607

45
40

160, 542
127, 599

9,083
35, 367

116.6
126.8
129.0
130.1
124.3

72.2
74.0
75.1
75.5
75.4

74.0
73.7
74.9
75.2
75.2

60.0
59.8
60.7
60.9
59.8

116
121
122
121
121

90
112
122
122
117

12, 365
13, 355
13, 140
7,391
5,278

151
102
198
141
174

793
698
571
532
644

1,474
1,544
1,739
1, 752
1,786

17, 903
19, 557
22, 624
20, 753
17, 930

31,141
31, 155
33, 132
31, 308
29, 220

4, 861
5,020
5,202
5,454
5,070

40
97
98
60
85

57, 530
88, 006
91, 619
85, 206
47, 956

0
517
13
4,887
48

126.0
130. 0
115.6
121.0
127.1
135.7
146.7
113.5

76.2
77.3
78.2
82.4
78.9
79.4
84.0
89.9

76.4
76.4
75.6
77.6
80. 3
82.3
87.5
92.4

60.7
60.8
60.4
60.8
61. 9
64.6
67.9
72.2

122
120
123
119
112
107
109
106

112
104
99
93
90
87
85
85

6,014
9,084
8,229
9, 012
9, 149
10, 083
11, 684

166
117
124
83
95
98
153
182

353 I
325
178
425
366
559
562
860

1, 785
1,639
1,666
1,656
1, 921
2, 241
2,797
2,923

17, 777 31, 188
16, 008 25, 583
15,804 26, 597
16, 005 24, 926
15,781 31, 045
17, 271 35, 163
41,033
42, 961

4,975
4,175
4,255
3, 831
5, 028
5, 514
6,516
6,779

205
298
825
1,119
235
43
18
45

94, 313
90, 349
97, 507
102, 204
101, 085
105, 083
81, 207
102, 028

405
2, 516
106
66
8,431
29, 921
5,308
3,943

137.1
126. 3
130.7

91.3
77.9
80.8

91.4
78.0
81.1

87.6
66.4
63.7

125
127
115

93
98
94

a 11,718
o 11,041
a 9,122

170
114
127

643
649
454

2,897
1,793
2. 079

29, 982
27, 141
$2, 312

5,140
4,401
5,134

471
288
349

129, 969
78, 544
96, 722

52, 416
5,621
6,337

Adjusted for seasonal variation.

2

Southern States.

i 7 months' average.

15

SURVEY OF CURRENT BUSINESS

October 1933

Farm and Food Products
RODUCTION in the food processing industry
P
declined 8 percent in August, after allowance
for the usual seasonal change. Despite this decline,
activity was 8 percent greater than a year ago. The
recession in production w7as not accompanied by a
corresponding decline in employment and pay rolls
as both of these indexes increased, the former by 7.3
percent and the latter by 11 percent. Both employment and pay rolls were well above the level of a
year ago.
Farm prices on August 15 receded from the year's
high point reached in mid-July. At 72 percent of
the 1909-14 average, prices paid farmers were still
22 percent higher than on August 15, 1932. A further
reduction occurred in the month ended September 15,
according to preliminary data.
The August movement of wheat to primary markets
failed to attain the usual high level at this time of
the year, due to the short crop. The month's receipts were^down by 27 percent from July and 34
percent from a }7ear ago. The visible supply, however, rose 11 percent over the end of the previous
month. Wholesale prices of all types of wheat declined without exception during the month. Estimates as of September 1 indicate a wheat crop of
506,557,000 bushels, a rise of 1.4 percent over the
August 1 forecast. Corn prospects improved slightly
during August and the estimated output was raised
by 12,000,000 bushels. The final estimates on production are still dependent on weather conditions and

accurate determination of how much of the acreage
sown to spring wheat, oats, and barley was harvested
for grain and how much was salvaged for stock feeding.
The movement of cattle and calves to markets
during August was greater than in either the previous month or August last year. Hog receipts were
the highest since January 1932; sheep and lamb receipts were also higher. Cold-storage holdings of
fresh and cured beef and veal increased by 7,000,000
pounds, while stocks of fresh and cured pork declined
55,000,000 pounds. Wholesale price trends for meat
animals were fairly steady during August.
Receipts of butter at principal markets, which were
23 percent less than in August 1932, showed the usual
seasonal decline from the preceding month. Cheese
receipts also declined during the month. The intostorage movement of dairy products was heavy, with
butter and cheese holdings increasing 24,000,000 and
14,000,000 pounds, respectively. As measured with
the same period last year, cold-storage holdings of
butter were 63 percent and of cheese 35 percent higher,
respectively.
A market agreement for the evaporated-milk industry was signed by the Secretary of Agriculture and
became effective September 9. The agreement was
advanced as a voluntary measure to stabilize prices
and distribution practices. It includes, among special
trade practice rules, a provision that no manufacturer
may sell evaporated milk outside certain minimum
and maximum limits.

FOODSTUFFS STATISTICS

1930' August .
1931- August
1932: • w
August
September
Ootobpr
November
December _
1933:
January
February
Murch
April
_
May
June
July
August
Monthly average January through
August:
1931
1932
1933

Monthaver- Monthly averMonthly aver- lyage,
age, 1923-25=100 1926= age, 1923-25 =100
100
91
124
93.0
87.6
83
88
82
88.1
74.6
87

Millions of
bushels

Dollars Mil- Dollars
per
lions of
per
bushel bushels bushel

Thousands

Imports

Meats

Butter
(2)

Con- Stocks,
cold
sump- stortion,
age,
appar- end
of
ent month

Consumptionapparent

Millions of pounds

85
61

195
243

0.85
.51

20
11

0.92
.45

1,605
1,822

2,617
2,454

1,020
1,043

788
798

139
151

Kaw sugar 3

g°n
38
$»
si

Hog receipts

fi «
"SL3

Cattle receipts

1
•3

Animals and animal products

Price, no. 3 yellow,
Kansas City

Price, w e i g h t e d
average, 6 markets, ail grades

&

o
5

Visible s u p p l y ,
United States,
end of month

H

Corn

Wheat
Receipts, principal
markets

1
fl
fi«

Wholesale prices

Year and month

Production
adjusted 1

F.B.B.
Indexes

Animal pro do cts

Agricuiturai
marketings

Food products

1

a

Thou- Thousands
of long ofsands
bags
tons
313
712
532
884

85
95
89
83
84

81.0
81.8
81.3
80.7
80.0

61.8
61.8
60.5
60.6
58.3

71
125
165
133
84

85
81
83
84
81

41
38
27
18
14

188
194
190
177
169

.55
.55
.51
.49
.46

14
19
25
13
12

.33
.29
.24
.24
.22

1,606
1,689
1,896
1,543
1, 161

2,405
2, 505
2, 691
2,775
3,121

1, 002
1,096
1,088
1,042
1,014

751
637
544
513
620

152
142
142
139
134

468
328
239
186
174

601
782
923
935
945

89
89
91
105
99
100
100
92

79.6
79.2
78.4
81.2
82.6
82.3
83.6
89.7

55.8
53.7
54.6
56.1
59.4
61.2
65.5
64.8

70
52
55
60
81
81
87
69

81
69
76
86
103
102
95
100

13
10
13
16
23
29
37
27

158
148
137
126
119
125
135
150

.48
.48
.53
.64
.73
.78
1.00
.92

13
13
10
17
26
34
46
14

.23
.22
.26
.33
.39
.40
.52
.50

1,318
1, 136
1,171
1,296
1,558
1, 449
1,456
1,657

3,381
2,699
2,638
2,798
3,143
3,361
2,871
3,917

1, 061
919
993
1,030
1,107
1,095
1, 051
1, 163

717
751
749
780
865
1,049
1, 146
1,101

129
123
129
134
161
129
133
143

258
289
430
536
491
426
488
269

911
1,083
1,109
922
1,187
977
865
1,128

89
87
96

89.7
82.6
82.1

76.0
61.4
58.9

73
63
69

93
85
89

42
22
21

207
186
137

.66

!?o

16
10
21

.53
.35
.36

1,545
1,381
1,380

3,173
2,992
3,101

1,020
1,014
1,052

1,005
936
895

142
140
135

411
416
398

1,169
974
1,023

1
Adjusted for seasonal variation



57

Revised. Earlier data may be found on p. 19 of June 1933 issue.

3 Includes receipts from Hawaii and Puerto Rico

16

SURVEY OF CURRENT BUSINESS

October 1933

Forest Products
curtailment in the receipt of new orders
FURTHER
for lumber and increased productive activity in the
industry during August have led to an increase in
stocks on hand at the mills and a slackening of production in the early part of September. Employment
and pay rolls in the industry improved in August,
while prices of lumber and lumber products continued
to move upward. The industry has recently started
functioning under the industrial code adopted as part
of the National Recovery Administration program.
Lumber production increased for the sixth consecutive month in August to a volume more than double the
output of last March and to the highest amount
recorded during the past 2 years. The rise from
July to August was no more than the usual seasonal
movement, however, and the adjusted index remained
unchanged in this period. During early September a
decline in new orders and shipments brought about a
curtailment of productive activity.
Weekly average carloadings of forest products again
increased in August, reaching the highest number
recorded since the same month 2 years ago, and more
than double the record low volume reached last winter.
The improvement in August as compared with July
was slight, however, amounting to less than 2 percent,
and there was an actual decline on a daily average
basis.
Lumber prices moved sharply upward in August, the
rise from the July average amounting to 5 percent.

August prices were over 40 percent above the quotations at this time a year ago. Furniture prices also
moved upward in August, the increase over July
amounting to 3 percent.
Employment in the lumber and allied products
industrial group picked up 8 percent from July to a
level nearly a third higher than in this month a year
ago. The increase was fairly even throughout the
various section of the industry. Pay rolls increased
relatively more than employment, having previously
declined relatively further. The rise in pay rolls from
July to August was 17 percent, and the volume in the
latter month was more than double the low amount
reached last March, although the index was at only
29 percent of the 1923-25 average.
Southern pine production increased further in
August, continuing the steady rise begun last March.
In late August and early September, however, a recession in the mounting rate of output took place.
August production was almost a half greater than in
this month a year ago. Shipments have declined
and in the week ending September 9 were 13 percent
under production. New orders declined slightly in
August, after falling off rapidly in the 2 previous
months from the high peak of the current year which
was reached in May. New orders received in August were a fifth less than in this month a year ago.
Unfilled orders have declined as shipments have
continued in excess of new orders.

FOREST PRODUCTS STATISTICS
General operations

Year and month

Indexes of
marketing

LumEmber
Pay
Total
ploy- roils,
proforest
ducment, unadad- justed prodtion,
ucts
ad- justed i
justed 1

Southern hardwoods

Naval
stores

UnNew filled
orders orders

Unfilled
ProNew 2 orders,
duc- orders
tion 2
end of
month

UnUn- Ship- filled
New filled
orders,
orders orders ments end of
month

Production

Number
days'
production

Millions of feet, board measure

59
38

65.1
51.1

61.6
41.3

64.7
64.3

171.2
141. 5

41.4
27.6

165
101

A31

500
375

41.4
34.4

44.6
37.7

134.7
111.0

202
120

189
151

124
83

18
16

24
20

23
23
24
21
23

35.7
36.6
37.6
37.3
36.8

19.3
20.9
22.4
20.9
18.8

54.8
51.5
55.9
51.3
46.9

107.4
89.4
78.4
77. 2
70.3

15.5
17.1
18.9
16.0
13.2

59
68
68
68
49

114
154
113
101
68

265
275
256
246
252

22.5
24.1
22.7
21.1
16.4

29.2
38.4
22.5
23.7
21.2

81.0
119.1
76.1
81.9
85.1

91
80
113
99
75

149
134
144
91
68

80
82
75
50
44

9
12
12
9
6

10
11
9
7
6

26
20
22
24
30
38
46
46

35.0
34.4
32.5
33.3
35.7
40.0
43.8
46.6

16.3
16.3
14.3
15,6
18.0
21.7
24.6
28.9

50.8
50.8
54.4
57.3
63.0
65.0
65.2

31.7
23.0
32.9
69.4
122.2
134.6
135. 3
125.3

13.7
13.7
14.6
17.2
20.8
25.1
26.8
27.2

60
60
64
71

79
90
98
146

238
230
226
247

135

233

264

23.4
24.4
21.1
28.8
34.4
35.0
49.0
37.7

26.4
24.3
28.3
33.6
57.3
49.5
38.6
24.5

120.9
109.7
107.9
120.4
195.2
203.7
218.9
105.6

85
78
87
89
116
121
126
133

96
76
113
113
180
159
120
118

57
55
64
67
92
88
81
71

6
7
5
6
6
6
10

7
5
5
5
7
11
17

46
25
32

54.6
39.7
37.7

44.3
22.7
19.5

106 9
72.0
84.3

31.5
17.8
20.0

43.1
23.2
31.7

46.8
26.6
35.3

169.0
82.4
147.8

146
93
104

163
113
122

98
63
72

'13
«9
"7

9 17

Weekly average.

«Grand Rapids district.

i Adjusted for seasonal variation.




Production

Thousands of
cars

Monthly average 1923-25=100
1930: Aueust
1931' August
1932:
August
September
October.November
December
1933:
January
February
March
April
May
June ..
July
August __ _ .
Monthly average, January througbJAugust:
1931
1932
1933

Carloadings,
forest
prod-2
ucts

Household3
furniture

Southern pine

Douglas fir

8

139

• Monthly average.

• 10
"8

17

SURVEY OF CURRENT BUSINESS

October 1933

Iron and Steel Industry
TEEL-mill activity declined steadily throughout
S
August, and the movement was accelerated in the
first half of September. By the middle of the month
operations receded to around 40 percent of capacity,
a level which erased more than one third the gains
from March to the high point of late July. The rate
of incoming business from all major consumers has
been slow. Unfilled orders of the United States Steel
Corporation at the end of August, amounting to
1,890,000 tons, were the lowest since last April and
were 80,000 tons less than the backlog reported a year
ago.
According to the Federal Reserve Board's index,
iron and steel production during August declined 20
percent below output in July. The index was 3%
times the figure reported for last August, however,
and general operations so far this year were 63 percent
higher than during the similar months of 1932.
Despite the decline in output, a 10-percent gain took
place in number of workers employed in the industry
during August. The increase over the low point of
last March amounted to 52 percent. The pay-roll
total advanced 24 percent above July and was over
2% times the amount paid labor last March.
Steel-mill activity dropped 10 points to 49 percent
of capacity during August. Operations were at 15
percent of capacity in the same month a year ago, 31
percent in 1931, and 59 percent in 1930. Steel-ingot

production in the first 8 months of 1933 amounted to
15,094,000 tons, as compared to 9,351,000 tons in the
same months of 1932 and 13,323,000 tons for the
entire year of 1932.
Excepting the total reported last May, iron and
steel exports in August aggregated the largest tonnage
since October 1930. Shipments were more than 3/£
times exports in the corresponding month of last year.
The decline in imports from the high level reported
for the previous month was slight. The combined
tonnage for July and August comprised two fifths of
the total incoming shipments during the first 8 months
of the year.
In the fifth successive monthly gain, pig-iron production for August reached 1,833,000 tons, the highest
level since May 1931. A year ago output was less
than one third as large. Eight furnaces were banked
during the month, the first decrease in the active
number since March. Total production for the first
8 months of the year was 29 percent higher than during
the similar months of 1932 but remained 42 percent
under the like period of 1931.
The slackening in demand has been reflected in the
price of scrap, which in the third week of September
fell below $10 a ton at Chicago. Quotations for most
iron and steel products were advanced subsequent to
the adoption of the iron and steel code of fair competition on August 19.

IRON AND STEEL STATISTICS
General operations

Monthly average,
1923-25= 100
1930: August
1931: August
1932:
August
September
October
November
December
__
1933:
January . __ __ . .
February
_.
March
April
May
June ...
July.
August
Monthly average, January
through August:
1931
1932
1933
1

Steel
ingots

Pig iron

EmPay
Produc- ployProtion, ment, rolls, Ex- Im- ducadunadad- justed ports ports tion
justed i justed
i

Year and month

 12167—33


Iron and
steel

Thousands of long
tons

Furnaces
in
blast

Production

Steel
sheets 2

United
States ManSteel ganese
Corpo- ore imration, ports
Perun- (mancent New
Ship- filled ganese
of
or- ments
ca- ders
orders, conpacend of tent)
month
ity

ThouNum- sands of Per- Thousands of
long cent
short tons
ber
tons

Prices
Iron
and
steel,
composite

Steel
billets,
Bessemer
(Pittsburgh)

Steel Finished
scrap steel,
(Chicomcago) posite

Thousands of
long tons

Dollars per long ton

Dollars
per 100
pounds

90
50

83.9
70.3

77.5
50.6

151
73

35
30

2,524
1,281

139
76

3,061
1,717

59
31

149
123

206
152

3,580
3,169

8
22

33.01
31.05

31.00
29.00

12.13
8.38

2.26
2.19

23
28
31
31
27

50.6
51.3
53.2
53.8
52.8

22.1
23.4
26.2
25.6
24.2

33
36
41
56
54

24
29
34
35
29

531
593
645
631
546

42
47
49
51
42

847
992
1,087
1,032
861

15
18
19
18
15

66
79
95
66
77

61
75
92
77
67

1,970
1,985
1,997
1,968
1,968

3
0
0
1
0

29.33
29.32
29.32
29.12
28.93

26.00
26.00
26.00
26.00
26.00

5.75
6.25
6.00
5.93
5.25

2.17
2.16
2.16
2.15
2.14

29
31
21
35
49
72
100
80

50.6
51.4
48.3
50.0
52.5
58.1
66.3
73.2

22.7
24.7
22.4
24.4
29.5
36.2
42.4
53.7

57
64
81
100
123
103
88
119

22
20
22
28
26
34
53
47

569
554
542
624
887
1,265
1,792
1,833

45
45
38
48
63
90
106
98

1,030
1,087
910
1,363
2,002
2,598
3,204
2,901

18
21
16
25
34
46
59
49

76
81
83
119
144
247
174
159

79
73
75
100
119
153
174
174

1,899
1,854
1,841
1,865
1,930
2,107
2,020
1,890

0
0
2
3
2
6
4
4

28.69
28.31
28.35
28.16
28.45
28.73
29.81
30.04

26.00
26.00
26.00
26.00
26.00
26.00
26.00
26.00

5.25
5.25
5.25
6.00
8.45
8.91
10.41
10.45

2.12
2.10
2.10
2.06
2.08
2.09
2.17
2.17

66
32
52

74.5
57.5
56.3

61.8
30.2
31.9

90
51
92

38
31
32

1,731
784
1,008

99
54
67

2,396
1,169
1,887

44
21
34

170
93
135

181
98
118

3,708
2.268
1.926

23
6
3

31.39
29.61
28.82

29.56
26.78
26.00

9.36
6.44
7.50

2.21
2.16
2.11

Adjusted for seasonal variation.
3

2

Black, blue, galvanized, and full finished.

18

SURVEY OF CURRENT BUSINESS

October 1933

Textile I n d u s t r y

A

FURTHER slackening in production in the textile
industry occurred in August, and the adjusted
index of the Federal Reserve Board dropped 12 percent
as compared with July. The recession in the past 2
months has been from a record level, and output last
month was substantially in excess of production in any
August since 1929. The effects of the operations of the
codes of fair competition adopted under the N.R.A.
program are reflected in the continued gains in
employment and pay rolls in August, despite the
decline in production. Thus, the adjusted employment index advanced a little more than 1 percent, and
the pay-roll index increased 14 percent.
Prices of textile products continued their rapid
advance in August and the first half of September.
At wholesale, the rise in textile products as a group
in August was 9.7 percent and for cotton goods alone
it amounted to 17 percent. The latter index was within 7 percent of the 1926 average. Woolen and worsted
goods, which were up 9 percent, were only 21 percent
below the 1926 figure.
Raw cotton consumption per working day, in August
averaged 21,799 running bales, compared with 24,006
in July and 14,911 in August 1932. In June last,
the daily rate reached 26,787 bales. Fewer spindles
were operated during August than in July, and the
rate of operations was at 107 percent of capacity on a
single shift basis, compared with 118 in July and 72 in
August 1932. These capacity figures are reported on

the same basis as in the past, and the August figures
do not take into consideration the limitation of the 40hour work week and the 80-hour machine week provided in the cotton-textile code.
Wool consumption in August decreased 10 percent on
a daily average basis, but was about one third greater
than in 1932. Machine activity in all branches of the
industry, excepting broad carpet looms was lower in
August. Woolen spindles were operated at normal
capacity, a reduction of about 8 percent from the
July figure. Worsted spindle activity dropped from
96 to 83 percent. Narrow and wide looms were less
active, the former dropping from 54 percent of capacity
to 51 percent and the latter from 97 percent to 87
percent. Carpet and rug loom activity changed only
slightly. The capacity figures are reported on the
same basis as in the past, but the Census Bureau also
reported for August the percentages on the basis of
the 40-hour and 5X-day week provided by the code.
Stated on this basis, the ratios of production to
capacity are naturally much higher.
Raw silk deliveries to mills were lower for the second
successive month and were 29 percent less than a year
ago when takings were exceptionally high. Machine
activity declined after the sharp spurt in July,
although operations were considerably greater than in
August of last year. Raw silk prices dropped sharply
in August, while prices of finished goods were
advanced.

Monthly average,
1923-25=
100
1930* August
1931' August _ _
1932:
August _ _ _ September
October
_ _.
November .
December
1933:
January
February - . »
March __
April
May
-.
June.
July
August
Monthly average, January through August:
1931
1932
1933




Cotton,
raw

£,

Cotton and manufactures
Cotton cloth
|
finishing
2

II la
23
•a
3

i&

>

t<

s*f ils
we o

ofl §

•+* o C

aa

I

Wool

i
A
S

I
1

Monthly avThouerage, sands of
1926= pounds
100

Wool manufactures
Spinning
spindles

fl
«

I

Looms
£
«

I

•«

&

£

Wholesale price,
woolen and worsted
goods

Year and month

Production index, adjusted *

TEXTILE STATISTICS
Silk
i

Operations, machinery activity

3
10

>

»

®I
*- 0
«"*

Is
«- S

*0
«8 0
fc

.Sl
g-O

ill

» a£
"3 * *
« S

•II pi

«<*>

Monthly av- Bales of Percent of active hours Dollars
133
erage,
per
to total
1926= pounds
pound
100

Running
bales

Millions of
spindle
hours

80
99

352, 626
425, 030

5,107
6,198

70, 395
71,615

81.1
64.0

33, 761
51, 140

48
66

55
78

43
45

44
70

77.8
67.4

41, 734
46, 454

73.1
79.4

36.9
38.2

49.1
48.7

2.955
2.512

90
104
99
92
91

402, 601
491, 655
502, 244
503, 722
440, 062

5,539 64, 480 62, 547
6,866 87, 988 59, 040
7,046 87, 956 66, 633
6,967 69, 515 74, 850
6,386 79, 175 81,933

52.6
57.9
56.2
53.6
51.7

41, 361
46, 055
42, 423
38, 963
36, 532

59
70
73
60
55

57
74
73
58
57

26
36
43
42
33

60
65
66
59
58

53.4
56.7
56.5
55.3
54.2

59, 905
59, 694
53, 703
43,955
40, 548

67.6
83.7
84.5
76.2
83.2

38.3
43.6
46.8
45.3
34.2

50.2
62.0
61.9
52.2
55.5

1.647
1.805
1.673
1.562
1.550

87
83
76
85
106
133
130
114

471, 202
441, 663
494, 167
470, 685
620, 909
696, 472
600, 143
588, 570

6,788
6,286
7,048
6,569
8,310
9,299
8,128
7,942

88, 300
93, 773
95, 746
74, 463
88, 278
100, 479
90, 106

80, 097
82, 272
80, 446
80, 765
81, 740
75, 395
72, 909

50.1
49.1
50.0
50.7
57.9
67.1
80.2
93.5

35, 510
33, 278
24, 943
28, 701
46, 898
58, 688
57, 377
55, 694

59
60
42
53
77
100
108
99

56
57
32
35
72
92
96
83

36
36
28
29
46
53
54
51

59
68
43
42
66
87
97
87

53.4
53.2
53.2
53.3
61.5
68.8
72.3
78.9

46, 204
32, 665
38, 934
41, 910
47, 151
53, 627
44, 597
42, 852

89.7
80.6
56.6
59.2
75.4
74.8
82.9

37.2
36.8
36.3
42.2
46.0
53.0
53.2

56.8
48.9
38.2
49.8
52.3
62.8
78.4

1.305
1.201
1.182
1.324
1.586
2.155
2.273
1.881

96
75
102

459, 734
384, 937
547, 976

6,588
5,373
7, 546

70, 801
62, 176

70, 802
75, 869

69.8
53.8
62.3

44, 520
27, 694
42, 636

60
42
95

65
42
65

39
21
42

59
44
69

69.9
58.6
61.8

48, 166
44, 490
43, 493

85.4
59.5

42.5
41.9

51.3
40.8

2.494
1.523
1.613

i Adjusted for seasonal variation.

Thousands of
yards
42, 185
65, 983

Percent of active hours
to total reported

• Printed only (mill and outside).

'Grease equivalent.

19

SURVEY OF CURRENT BUSINESS

October 1933

BUSINESS ACTIVITY (ANNALIST) l
Combined
index

Year and month

AutoBoot
Car
mobile and shoe loadproduc- produc- ings,
freight
tion
tion

Electric Lumber Pig-iron Silk con- SteelWool
Cement Cotton
Zinc
conconpower produc- produc- sump- ingot
produc- sumpproducsumpproducproduction
tion
tion
tion
tion
tion
tion
tion
tion
COMPUTED NORMAL = 100

1920, monthly
1921, monthly
1922, monthly
1923, monthly
1924, monthly
1925, monthly
1926, monthly
1927, monthly
1928, monthly
January
February
March
April.
May
June

average
average
average
average
average.average
average _ _ _ _ _
average
average
- -

1929
_

-_

_- _
_

July
August
September
October
November
December _

_ __

Monthly average
January _ _
February
March
April
.
May
June
July .
August
September
October
November
December

1930

_

- _ _ _ - _
. _

__

_

Monthly average
January
February
March
April
May. __ _
June

1931
_
_

July
August
- September
October
November
December
_

_ _
_ __

Monthly average

_.

1932

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

. _

.
___

. _

Monthly average.

105.5
82.4
96.5
109.5
99.7
106.9
109.3
106.5
107.8

102.3
60.4
89.4
131.0
107.4
116.9
108.4
82.9
110.0

95.4
88.5
100.0
108.0
95.8
99.9
99.7
105.4
105.5

106.1
89.0
95.9
105.7
99.9
104.2
108.8
105.1
104.9

86.7
80.7
90.6
109.9
115.0
121.4
119.3
122.8
122.0

96.6
89.9
100.4
106.3
89.1
104.6
107.7
118.8
104.6

105.2
90.3
96.0
102.3
98.7
100.8
103.1
102.4
102.2

107.4
89.2
108.8
126.1
121.5
129.6
131.2
127.5
133.9

121.8
54.6
87.3
128.3
98.0
113.9
120.8
110.4
113.9

274.3
101.1
105.3
94.5
89.0
114.2
106.8
110.5
107.8

120.1
54.6
97.5
118.6
96.5
114.0
118.3
106.4
120.2

88.8
99.2
120.7
118.8
98.6
97.4
94.4
102.2
99.6

115.1
50.0
84.6
115.8
112.9
121.8
127.7
119.4
117.0

112.9
112.4
111.9
115.0
115.7
116.6

145.8
142.8
142.7
141.8
137.8
144.9

107.2
106.5
107. 0
109.0
118.4
116.2

105.6
109.0
105.5
112.0
110.9
110.1

130.2
119.5
107.4
117.2
110.6
119.9

118.5
114.9
115.1
118.3
121.3
112.2

103.5
104.1
104.2
105.1
105.3
106.0

143.8
139.2
139.8
145.9
139.9
139.8

126.4
122.9
121.4
120.8
126.8
131.9

111.9
102.3
105.8
115.6
106.1
110.2

122.8
121.9
124.7
126.6
135.4
145.8

109.4
103.7
102.7
110.0
107.6
107.7

104.8
108.0
112.9
119.5
121.6
120.8

116.7
115.6
115.0
113.4
106.0
101.2

137.4
124.1
123.2

121.8
104.7
72.5

115.2
115.7
115.4
114.9
106.3
96.7

110.4
110.1
110.1
106.2
99.9
100.2

117.9
117.1
119.5
113.0
112.1
121.4

112.4
107.6
111.2
116.7
100.8
92.3

105.9
107.0
105.8
105.4
104.2
103.9

142.2
141.2
139.5
140.5
139.3
139.8

134.3
133,5
131.4
130.9
121.4
108.8

111.9
115.1
113.0
118.2
109.4
107.7

144.6
138.4
138.5
125.2
106. 3
95.3

119.3
120.2
116.8
120.1
98.9
87.4

124.6
129.3
123.3
122.6
108.7
100.9

112.7

128.3

110.7

107.5

117.2

111.8

105.0

140.9

125.7

110.6

127.1

108.7

116.4

102.1
102.5
100.5
101.8
98.5
97.1

99.1
101.4
96.9
101.1
95.6
88.4

103.9
99.6
99.2
106.7
97.7
98.0

99.8
100.4
96.7
100.6
98.0
95.6

109.6
111.9
118.3
112.8
115.5
120.4

99.9
93.1
90.9
98.1
82.9
83.0

102.5
101.1
101.4
101.9
101.5
101.5

118.4
132.2
131.4
127.6
119.9
108.0

102.5
107.4
104.7
103.6
103.8
102.8

106.7
104.6
102.4
84.7
83.6
63.6

100.8
111.1
101.4
102.7
99.7
99.4

88.0
82.6
79.6
83.6
73.1
81.6

106.1
99.1
100.5
93.8
92.4
97.2

93.1
90.8
89.6
86.8
84.4
83.9

72.8
58.4
62.7
48.6
67.4
91.3

91.9
93.5
93.5
86.0
75.0
74.6

94.4
92.4
89.5
87.5
83.5
83.4

114.1
114.1
105.1
95.2
90.3
86.3

81.4
73.6
78.4
79.0
78.2
77.6

100.1
99.8
97.5
96.9
97.1
95.6

95.8
90.6
83.6
81.0
69.9
74.0

92.5
88.6
84.5
78.0
70.4
61.5

82.1
79.4
107.6
120.9
122.7
123.5

85.2
87.1
81.7
72.7
67.9
61.1

86.8
79.1
84.9
82.1
68.3
66.3

89.6
91.4
92.6
89.3
70.1
68.2

94.3

82.0

93.3

93.5

107.8

84.7

99.7

102.7

91.7

98.5

89.2

79.7

90.9

81.4
83.1
85.1
86.4
85.1
82.6

62.6
67.7
67.4
76.8
75.3
63.8

77.6
92.5
102.0
109.9
116.4
108.8

82.4
81.0
80.3
82.5
79.4
76.9

83.2
79.5
84.0
91.8
95.5
92.8

78.0
82.1
87.5
91.7
84.1
88.7

93.6
94.1
96.3
96.6
97.0
96.0

75.9
74.6
78.0
77.5
76.6
72.4

61.3
63.8
64.7
64.9
63.2
56.7

96.2
108.6
108.3
83.0
96.2
88.6

65.6
68.6
71.9
67.7
64.9
58,2

67.3
83.4
88.9
111.2
110.1
112.4

64.5
63.9
62.9
59.5
52.1
51.8

83.1
78.9
76.3
72.6
72.2
72.1

59.6
49.4
40.4
26.2
33.4
59.7

108.7
109.4
99.6
78.5
75.8
85.2

77.1
73.7
70.2
70.8
68.6
68.4

90.9
84.9
77.2
69.7
65.0
59.6

97.6
89.4
92.0
81.3
80.0
79.2

97.9
96.1
94.3
92.4
92.8
91.6

64.6
59.3
55.4
53.3
44.3
45.3

50.7
44.4
42.9
41.8
41.1
36.0

88.8
85.7
98.3
100.8
98.6
98.9

53.8
47.8
43.5
42.0
47.8
39.3

132.3
117.2
103.3
83.7
76.8
69.1

47.2
46.6
47.5
45.8
43.5
44.6

79.9

56.9

97.0

75.9

81.2

86.0

94.9

64.8

52.6

96.0

55.9

96.3

52.5

70.1
68.1
66.7
63.2
60.9
60.4

43.7
33.5
27.4
32.7
43.0
47.3

86.9
95.8
102.6
94.3
90.9
91.2

65.5
64.4
62.6
60.7
53.4
52.2

64.6
50.0
47.2
43.8
46.2
51.0

77.2
78.9
80.7
62.5
61.5
63.6

90.4
88.4
87.5
86.2
84.5
83.5

41.2
37.3
41.7
44.0
44.0
40.7

34.4
34.4
30.5
27.1
24.6
21.5

101.8
83.0
83.9
68.4
66.8
74.5

39.4
37.5
31.8
30.2
28.0
24.4

72.4
73.1
61.8
45.9
40.3
46.2

43.2
43.4
42.7
41.3
37.1
35.7

59.7
61.3
65.2
65.4
64.7
64.8

31.6
24.6
25.4
17.5
28.2
52.8

88.4
96.6
107. 6
106.7
100.3
88.8

50.9
51.0
54.6
58.4
57.6
58.9

51.0
46.3
51.3
52.3
46.9
41.5

63.5
83.3
98.6
92.4
90.3
84.2

84.7
82.8
84.2
85.4
85.2
84.7

38.6
36.4
35.9
39.3
34.6
37.0

19.6
18.2
21.5
22.7
23.2
19.8

74.8
102.6
104.8
95.0
78.5
78.5

23.4
22.2
27.3
29.2
29.2
25.5

66.3
88.8
97.3
86.5
83.0
82.5

32.0
28.9
28.8
31.5
33.3
36.7

64.2

34.0

95.8

57.5

49.3

78.1

85.6

39.2

24.8

84.4

29.0

70.3

36.2

* Compiled by The Annalist, and represent a revision of the indexes previously shown in the Survey of Current Business, due to changes in the component series
and to the adjustment factors used. Three new series—lumber production, cement production, and silk consumption—have been added and the bituminous-coal production
series dropped on the theory that coal production is adequately represented in the freight-car loadings. The indexes are adjusted for seasonal variations and secular, or longterm, trend, and no radical change in the method of calculation was made in preparing the revised figures. However, the allowance for long-term trend has been considerably
modified and this accounts for the major part of the difference between the old and the new series. For most series, the long-term trend is based on the period 1921-31, and
for the others, methods have been used which seem more appropriate to the individual series. Owing to the difficulty of obtaining satisfactory trend lines for car loadings
and electric-power production, a horizontal trend has been used for each of these on the assumption that the trend of the formerls probably downward and of the latter
probably upward, and this represented a reasonable compromise for the time being. The computed normal used as a base for each of the individual series and the combined
index may be described as an average of a number of years, with allowance for the long-term trend. The weights used in the present index are based on the importance of
the series as indicated by the Census of Manufactures and other data and are as follows: Automobile production, 10; boot-and-shoe production, 2; carloadings, 20; cement
production, 3; cotton consumption, 8; electric-power production, 15; lumber production, 7; pig-iron production, 10; silk consumption, 2; steel-ingot production, 15; wool consumption, 3; and zinc production, 5. The combined index and the component series are available by months, from 1920 to date. The indexes for 1919 were not revised.
For 2a description of the index see The Annalist of Aug. 18,1933, p. 213. For 1933 indexes see p. 22.
11-month average.




20

SURVEY OF CURRENT BUSINESS

October 1933

MAGAZINE ADVERTISING l
[Lines]
Month

1912

January
_ _ February
March
-_
April.
_-_
May
June
-___
July
AugustSeptember
October
November
December

- - -

-

_ _ _

1, 409, 648
1 665 868
1, 795, 865
2, 000, 940
1, 894, 771
1, 730, 612

1, 252, 481
1 496 434

1, 369, 385
1, 105, 213
1,436 690
1, 756, 023
__ _
1, 820 874
. _ 1, 852, 915

1, 309, 817
1, 054, 290
1,258 104
1, 634, 929

1, 651, 516

1923

1924

--

-

July
August
September ._
October
November
December

__

.
_

_
_ __

_ _

Monthly average

1916

1915

1, 435, 838
1,629 642
1, 823, 611
1, 987, 134
1, 897, 104
1, 703, 758

Monthly average

January
February
March
April
May
June

1914

1913

1917

1918

1, 174 969
1 528 809
1 733 536

1, 405, 270
1 720 540
1 947 356

1, 872, 987
1 877 061
1, 752, 286

1, 139, 462
1 343 944
1 455 904
1, 552, 194
1 622 952
1, 498, 184

1 882,663

2 165,733

1 959 283
1, 761, 548

2 088 749
1, 822, 203

1, 208, 551
1, 021, 796
1 250 437
1, 534, 563
1 632 246
1, 619, 397

1 403 810
1, 283, 986
1 521 028
1 921 959

1 506 897
1, 214, 126
1 494 775
1, 989, 396
2 000 867

1, 765, 314

1, 315, 944
1, 069, 375
1 361 516
1, 534, 259
1 544 733
1, 488, 024

1 914,562

1, 604, 515

1, 524, 168

1, 406, 636

1 668 756

1 724,914

1 734,027

1 938,916

1926

1925

1927

2
2
2
3
3
3

160 137
807 207
995 024
215 741
256 766
047 604

1
1
2
2
2
1

979 249
981 291
005 167
099 191
144 671
933 275

1
1
1
2
2
2

1
1
2
2
2
2

959 037
805 792
341 320
717 922
534 074
667 238

2 399 948
2 381 858
2 691 088
3' 026 534
3 016 018
2 638 795

1
1
1
1
1
1

573 175
401 826
619 584
824 412
903 435
807 221

1 704 874

1 903,211

1 421 786
1, 156, 649
1 419 515
1 606 580
1 529 257
1 465 747

1 771 594

1 547 184

2 141 810

2 803 060

1 856 041

v 030 376

1928

1929

2,447 155
2, 845, 901

2,635 149

2, 368, 436
2, 180, 641
2, 830, 949
3, 443, 713
3, 585, 614
3, 209, 066

2, 420, 190
2, 229, 168
2, 761, 991
3, 411, 196
3, 573, 192
3, 175, 743

2,583 001

2, 242, 103
2, 778, 662
2, 899, 629
2, 841, 016

2, 068, 126
1, 878, 180
2, 485, 205
3, 062, 102
3, 244, 009
2, 960, 382

2 620,025

2 622 852 2 957 547

3 037 708

2, 149, 905
1, 864, 105
2, 277, 427
2, 872, 981
2, 899, 773
2, 773, 174

2, 017, 005

2,519 559

1,819,416

3,011,586

1922

162 510
467 302
880 435
347 575
411 993
406 522

2 536,247

2, 110, 560
2, 513, 497
2, 711, 665
2, 950, 971
2, 854, 374

1921

1
1
1
2
2
2

3, 004, 951
3, 254, 644
3, 496, 875
3, 576, 709

2, 281, Oil
2, 556, 591
2, 914, 521
3, 272, 572
2, 987, 535
2, 830, 240

1920

354 734
470 552
642 601
913 793
866 958
718 034

2, 384, 999
2, 853, 890
3, 029, 967
3, 343, 206
3, 236, 393
3, 023, 694

2, 093, 411
2, 301, 288
2, 557, 246
2, 963, 019
2, 850, 232
2, 632, 146

1
1
1
1
1
1

1919

1930

1931

1932

2 684 276
3, 157, 510
3, 601, 160
4 082 178
3, 874, 541
3 546 737

2 504 841
3, 024, 207
3, 416, 431
3 876 673
3, 639, 205
3 353 710

2 001, 124
2, 539, 239
2, 761, 808

2, 157, 599
2, 804, 619
3, 498, 654
3, 486, 316
3, 172, 360

2 864, 155
2, 430, 431
3, 162, 367
3, 760, 385
3, 827, 797
3, 614, 508

3 031 502

3 383 837

3,211,817
3,674 805
3, 434, 551
3 061 246

631 750
768 028
921 621
170 968
215 293
046 132

l' 566* 483
1 939 668

2 469* 976
2 465 843
2 463 876

1933

1 116 439
1 489 895
1, 630, 305
1 728 950

2, 971, 297
2 731 721

1 570 472
1, 999, 802
2, 183, 751
2 348 250
2, 278, 400
1 902 775

2,451 411
2, 056, 987
2, 598, 258
3,021 170
3, 041, 655
2, 819, 871

1,997 645
1, 712, 773
2, 068, 545
2, 479, 668
2, 443, 869
2, 169, 909

1,393 796
1, 172 774
1, 310, 120
1, 606 614
1, 754, 046
1, 640, 783

1 271 809
1 184 330

2 983 702

2 408 592

1 763 465

3 025,502

1,731,819
1 543 950

i Compiled from Printers Ink and represent a revision of the statistics previously shown. In the past it has been the practice to carry identical magazines in the summary for 4-year periods, a method which established the trend through 1929 but which has not worked out satisfactorily since, owing to additions to the list of magazines
in the comparative 4-year summary until in 1933 all magazines included in the Printers Ink tabulation were in the comparative table. In order to make the series comparable over the entire period, all of the magazine linage reported by Printers Ink has been added for each month. Thus, the series does not represent linage in identical
magazines (which over the period shown would not afford a correct picture owing to new magazines and shifts in advertising preference) but it is regarded by Printers Ink
and leading advertisers as a correct measure of the trend of total advertising effort. It is estimated that these figures represent 80 to 85 percent of the total magazine
advertising over the period shown. Canadian magazines, which were formerly included, have been excluded from the present series.

COMMERCIAL FAILURES IN CANADA
[NUMBER]
Month
January
February
March
April

1922

_

_ _

May

June
July
August
September
October
November
December

--

Monthly average

1923

374
340
340

1924

1925

1927

1926

1939

1928

245
309
288
300
272
332
364
410
351

387
355
368
324
291
271
149
242
320
200
259
242

291
260
223
180
179
147
155
129
153
184
219
199

270
162
198
162
160
145
131
134
151
143
163
177

184
144
136
131
124
145
140
121
132
180
165
171

192
143
164
130
131

327

284

193

166

148

1930

1931

138
121
147
128
184
187
176

197
188
164
138
148
133
139
142
165
200
193
230

269
197
180
174
185
148
149
138
151
176
176
224

261
205
201
194
166

153

170

181

200

178
169
159
192
216
222
239

1932

240
188
178
175
163
165

152
155
165
226
213
196

238
221
208
190
204
179
175
188
193
199
229
196

185

202

1933
216
214
192
184
175
158

i Compiled by the Dominion Bureau of Statistics. These data are based upon the administration of the Dominion of Canada "Banking and Winding Up Acts" by which
all the bankruptcies in Canada have been administered since the year 1922. The figures cover every case of forced bankruptcy or voluntary assignment occurring in Canada
and coming into the courts. Private compositions with creditors are not included. These official figures displace the series formerly appearing in the Survey on Canadian
failures, including Newfoundland, which was compiled by Bradstreet's and which has been discontinued.

BATHROOM ACCESSORIES
[Number of pieces]
1932

Month
January
February
Miarch
April
M!ay
July

Produc- Shiption
ments
248, 529
289, 643
263, 743
193, 884
228, 093
236, 714
195, 212

234, 323
266, 653
262, 818
200, 681
230, 209
236, 787
205, 016

Stocks
end of
month
559, 293
576, 005
579, 262
571, 529
570, 847
567, 748
564, 380

1933

Month
August
September
October
November
December
Monthly average

Produc- Shipments
tion

Stocks
end of
month

169,666
240, 584
295, 734
187, 794
165,401

180, 446
243, 444
316,157
192, 849
165, 238

553, 600
542, 254
529, 486
521, 537
533, 788

226, 250

227, 885

555, 841

Produc- Shiption
ments

Month
January
February,
March
April _ _ _ _ .
May

Juno

_ _

142, 935
121, 070
149, 477
142, 164
186, 896
176, 775

143, 991
129, 670
163, 220
144, 612
191,857
183, 550

Stocks
end of
month
531,916
521, 628
389. 392
391,819
382, 858
379, 683

i Compiled by the U.S. Department of Commerce, Bureau of the Census, and represent the production, shipments, and stocks of 12 reporting companies. These data
differ from those previously shown in the Survey in that 12 companies are now reporting instead of 18, and represent 94 percent of the industry according to the 1931 Census
of Manufactures. Attachable small type accessions are now included in the data. For details see the monthly report of the Census Bureau. This table supersedes the
data previously shown in the Survey. For July 1933 and August 1933 data see p. 46 of this issue.


21

SURVEY OF CURRENT BUSINESS

October 1933

WEEKLY BUSINESS INDICATORS
[Weekly average 1923-25=100]

ITEM

1931

1932

1933

1933

1930
ITEM

Sept. Sept. Sept. Sept. Sept. Sept. Sept. Sept. Sept. Sept.
23 16
20
24 17 10 26 19 27
9

Business activity:
New York Times * #
Business Week * 1 .
Commodity prices, wholesale:
Dept. of Labor, 1926=100:
Combined index (784)
Farm products (67)
Food (122)
Fisher's index, 1926=100:
Combined index (120)—
Agricultural (30)
Nonagricultural (90) _ .
Copper, electrolytic
Cotton, middling, spot
Iron and steel composite. Construction contracts t
Distribution: Car loadings ._
Employment: Detroit factory
Finance:
Failures, commercial
Security prices:
Bond prices |
Stock prices t

78.4 79.8 67.9 66.7 67.2 78.4 79.1 91.2 91.4
61.5 61.2 62.6 55.2 54.8 55.5 72.3 71.5 86.2 85.6
71 5 70 5 69 7 65 4 65 4 65.7
59.3 55.9 56.6 49.3 49.2 50.4
65.9 65.1 65.0 62.1 62.1 62 3

71.6
50.8
76.4
63.8
36.0
75.4

71.1
50.0
76.2
63.0
35.3
75.4
28.7
68.0

62.4
46.4
64.9
43.5
27.2
70.8
31.8
59.6 62.1

70.9
50.0
75.9
63.8
33.1
75.4

62.9
46.8
65.4
43.5
26.1
70.8
30.6
61.2

63.2
47.5
65.2
42.0
29.8
70.8

68.6
54.8
71.6
49.3
23.2
74.9
57.3
52.3 77.0

68.9
55.6
71.9
51.4
23.5
75.0

83.1
85.6
80.7
71.7
38.2
78.7
82.9
77.5 99.2

44.7 51.0

64.5

83.6
87.1
80.9
73.9
40.1
78.9
99.4

74.8

63.6 67.6 62.7 130.0 126.5 103.2 118.7 104.7 119.9 122.1
94.5 97.1 96.9 90.8 90.5 91.6 99.4 101.4 109.0 108.7
90.0 92.9 90.2 66.5 62.5 71.2 102.2 107.3 193.7 203. 8

* Computed normal=100. t Daily average. 1 Latest week is preliminary.
# Index revised. See weekly supplement of June 1, 1933, for explanation.

1932

1930

1931

Sept. Sept. Sept. Sept. Sept. Sept. Sept. Sept. Sept. Sept.
24 17 10 26 19 27 20
23 16
9

Finance— Continued
Banking:
Debits, outside N.Y.C4. 66.4 56.9 64.7 65.8 57.4 62.9 86.7 93.0 104.5 114.0
Federal Reserve reporting member banks :§
Deposits:
103.1 103.5 101.8 91.9 93.0 91.2 106.7 108.7 112.1 112 8
Net demand
Time
124.2 123.9 123.9 124.1 123.7 124.0 150.8 152.1 165.2 164.3
Loans, total t
78.5 78.8 78.3 85.8 86.1 86.5 113.8 114 1 135 3 135 1
Interest rates:
Call loans t _ _ _
18.2 18.2 18.2 48.5 48.5 48.5 36.4 36.4 48.5 54.5
Time loans
16.2 14.4 17.1 34.3 34.3 34.3 40.0 34.3 74.3 74.3
Money in circulation t_ _ 115.8 115.8 116.4 116.6 117.2 118.0 106.6 105.2 92.0 92.3
Production:
Automobiles
57.3 63.0 52.9 27.0 29.8 30.3 51.4 53.9 62.6 74.5
70.2 75.7 61.9 60.1 58.8 72.8 70.9 89.1 87.3
Bituminous coal t
98.4 99.8 95.0 89.5 88.6 85.5 99.6 99.8 102.9 103.4
Electric power f
84.0 85.6 81.7 57.1 56.4 58.7
Lumber X
Petroleum J
119.4 125.0 129.2 104.6 105.2 104.1 105.3 105.7 114.7 116.3
Steel ingots ^[
52.6 52.6 55.3 23.7 19.7 19.7 36.8 38.2 78.9 78.9
Receipts, primary markets:
94.0 88.3 75.6 85.1 89.2 101.0 102.8
Cattle and calves _ _ __
Hogs
59.5 56.4 57.3 60.6 58.2 63.8 ,60.4
Cotton . __
_ _ 186. 2 141. 2 99.6 176.9 155.0 104.6 178.1 139.2 220.0 202.7
Wheat
66. 7| 76.8 69.7 102.3 127.6 107.5 119.0 112.0 144.7 167.4
t Weekly average, 1928-30=100. X Average same week, 1930-32=100.
§ 1933 indexes are based on reports from 90 cities; earlier data cover 101 cities.

WEEKLY BUSINESS STATISTICS
1933
ITEM

COMMODITY PRICES, WHOLESALE
Copper, electrolytic, New York
dolls, per lb__
Cotton, middling, spot, New York
dolls, per lb,_
Food index (Bradstreet's)
dolls, per lb__
Iron and steel composite
dolls, per ton...
Wheat, no. 2, hard winter (K.C.)
dolls, per bu._
FINANCE
Banking:
Debits, New York City
mills, of dolls _
Debits, outside New York City . _ mills, of dolls..
Federal Reserve banks:
Reserve bank credit, total
mills, of dolls..
Bills bought
mills, of dolls
Bills discounted
mills of dolls
U.S. Government securities
mills, of dolls..
Federal Reserve reporting member banks :§
Deposits, net demand
mills, of dolls..
Deposits, time
mills of dolls
Investments, total
mills, of dolls..
U S Government securities
mills of dolls
Loans, total
mills, of dolls _
On securities
mills, of dolls..
All other
mills, of dolls _
Interest rates, call loans , _ . _ ._ ... percent-Interest rates, time loans
percent..
Exchange rates, sterling (daily av.)
dollars..
Failures, commercial
number _
Money in circulation (daily av.)
mills, of dolls..
Security marketsBond sales, N.Y.S.E
thous. of dolls, par value..
Bond prices, 40 corporate issues _
. .dollars-Stock sales, N.Y.S.E.
thous. of shares-Stock prices (N. Y. Times)
dolls, per share-Stock prices (421) (Standard Statistics)
1928=100-.
Industrial (351)
1926=100-.
Public utilities (37)
1926=100__
Railroads (33) . .
1926=100-.
PRODUCTION, CONSTRUCTION, AND
DISTRIBUTION
Production:
Automobiles (Cram's estimate)
number. .
Bituminous coal (daily av.) _ thous. of short tons_.
Electric power
mills, of kw-hrs
Petroleum
..thous. of bbl._
Steel ingots
.
pet. of capacity. _
Construction contract awards (da av ) thous of dolls
Distribution:
Exports:
Corn
thous. of bu
Wheat
-.
_
thous. of bu._
Wheat
flour
..thous .of bbl__
Freight-car loadings, total _
cars _
Coal and coke
cars .
Forest products
cars
Grain and products
cars..
Livestock
cars
Merchandise, l.c.l
_. ..
_ 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 .
Wool, at Boston, total
thous. of lb-_

1932

1930

1931

1929

Sept. 23

Sept. 16

Sept. 9

Sept. 24

Sept. 17

Sept. 26

Sept. 19

Sept. 27

Sept. 20

Sept. 28

0.088
.098
1.92
31.23

0.087
.096
.189
31.23
.87

0.088
.090
1.91
31. 23
.84

0.060
.074
1.77
29.32
.49

0.060
.071
1.78
29.32
.46

0.068
.063
2.15
31.02
.43

0.071
.064
2.19
31.03
.45

0.099
.104
2.71
32.56
.77

0.102
.109
2.77
32.64
.78

0.178
.187
3.31
36.44
1.23

0.178
.187
3.33
36.52
1.25

3,175
3,078

2,573
2,641

2,461
2,500

4,215
3,052

3,211
2,662

5,231
4,018

5, 261
4,315

6, 157
4,850

6,753
5,285

12, 673
6,736

12, 028
7,074

2,388
7
130
2,238

2,357
7
133
2, 203

2,330
7
145
2,166

2,259
34
359
1,852

2,301
34
402
1,851

1,315
243
310
738

1,279
218
263
742

991
198
167
602

1,008
209
163
610

1,411
264
944
152

1,413
241
934
178

10, 519
4,502
8, 032
5,086
8,560
3,703
4,857
.75
.71
4.79
259
5,623

10, 558
4,484
7,984
5,044
8,596
3,773
4,823
.75
.63
4.61
275
5,625

10, 380
4, 495
8,024
5,083
8,538
3,748
4,790
.75
.75
4.54
255
5,652

10, 385
4,572
7,589
4,689
9, 270
3, 974
5,296
2.00
1.50
3.47
529
5,660

10, 513
4,555
7,192
4,283
9,303
4,007
5,296
2.00
1.50
3.48
515
5,690

1.50
1.75
3.99
483
5,176

1.50
1.50
4.86
426
5,108

2.00
2.96
4.86
488
4,469

2.25
3.25
4.86
497
4,481

8.88
9.13
4.85
428
4,782

8.38
9.00
4.85
360
4,798

82, 700
84.64
15, 933

49, 500
86.92
11, 248
90.23
78.3
83.9
84.8
50.7

37, 500
86.75
5,761
87.60
76.5
81.5
84.3
49.7

66, 500
81.29
14, 110
64.58
59.1
56.5
92.8
35.7

57, 300
81.02
18, 181
60.71
52.0
50.0
82.7
28. 8

91, 452
89.02
16, 084
99.27
67.0
61.6
106.8
50.5

73, 370
90.80
14, 337
104. 20
78.8
73.0
123.8
58.2

66, 720
97.58
16, 179
188. 11
136.5
126.6
116.5
199.5

50, 074
97.37
9,677
197. 94
142.1
132.5
206.4
119.7

53, 234
92.18
24, 557
296. 13
224.2
213.3
330.4
164.4

61, 915
92.32
23, 475
303. 53
228.1
218.5
327.9
169.4

48, 053
1,195
1,663
2,603
40
4,606

40, 367
1,289
1,583
2,692
42

20, 600
1,054
1,491
2,179
18
5,101

22, 770
1,024
1,476
2,192
15
4,908

39, 186
1,239
1,660
2,193
28
9,202

41, 138
1,207
1,663
2,202
29

47, 726
1,517
1,714
2,390
60
13, 317

56, 804
1,487
1,722
2,422
60

95, 453
1,944
1,778
2,900
85
17, 023

100, 042
1,845
1,792
2,925
82

107
95
58

236
32
59
652, 016
131, 376
25, 219
31, 457
20, 065
172, 371
40, 081
231, 447

22
1
15
571, 387
116, 180
22, 260
26, 804
18, 736
148, 156
34, 696
204, 555

103
1,022
70
595, 746
116, 840
18, 606
36, 060
23, 044
179, 054
5,598
216, 544

217
51
58
587, 246
110, 264
18, 050
35, 890
21, 706
176, 948
6,558
217, 830

44
1,377
131
738, 036
133, 430
25, 525
36, 978
25, 191
216, 811
25, 806
274, 295

20
2,371
178
742, 614
127, 611
26, 563
40, 190
24, 906
217, 912
29, 855
275, 577

14
2,367
387
950, 663
161, 110
42, 159
43, 070
29, 068
244, 759
48, 095
382, 402

97
46
3,060
1,377
350
288
952, 561 1, 203, 139
162, 043
223, 423
41, 496
63, 781
49, 049
46, 125
27, 175
35, 000
244, 800
273, 494
48, 785
68, 857
382, 137
489, 535

207
3,087
281
1, 167, 395
204, 756
62, 576
51, 775
32, 135
271, 407
68, 956
475, 790

484
5,307
2,495

367
6,109
3,980

259
5,546
1,823

296
380
460
8,136
2,227

279
366
403
10, 148
17, 702

269
393
463
9,465
841

282
378
362
8,907
3,379

319
415
572
11,512
1,335

87.45
75.8
82.8
77.4
46.9

43, 699

1,639
2,487
40


§Statistics cover 90 cities. Comparable figures not available prior to 1932, but adjustment has been made in indexes in preceding table.


325
392
527
13, 320
686

384
505
639
11, 123
1,691

Sept. 21

347
431
526
10, 728
2,000

22

SURVEY OF CURRENT BUSINESS

October 1933

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. Later data will
be found in the Weekly Supplement to the Survey.
1933
Monthly statistics through December 1931, 1933
together with explanatory footnotes and references to the sources of the data, may be found
Decem- January
October Novemin the 1932 Annual Supplement to the Survey August August September
ber
ber

1933
February

March

April

May

June

July

BUSINESS INDEXES
BUSINESS ACTIVITY ( Annalist) f
Combined index
Automobile production.
Boot and shoe production
Carloadings, freight
Cement production,..
Cotton consumption
Electric power production
Lumber production
Pig-iron production _
Silk consumption
Steel ingot production
_
Wool consumption
Zinc production

normal = 100__
.normal = 100. _
normal = 100. _
. normal = 100normal = 100._
normal = 100-.
normal = 100..
. normal =100
normal = 100—
normal = 100
_ normal = 100.
normal = 100
normal = 100—

» 83. 8
59.7
111.3
62.3
47.5

121.3
95.5
72.5
64.9
71.3
75.9

70.2

61.2
24.6
96.6
51.0
46.3
83.3
82,8
36.4
18.2
102. 6
22.2
88.8
28.9

65.2
25.4
107.6
54.6
51.3
98.6
84.2
35.9
21.5
104.8
27.3
97.3
28.8

65.4
17.5
106.7
58.4
52.3
92. 4
85'.4
39.3
22.7
95.0
29 2
86.5
31.5

64.7
28.2
100.3
57.6
46.9
90.3
85.2
34.6
23.2
78.5
29.2
83.0
33.3

64.8
52.8
88.8
58.9
41.5
84.2
84.7
37.0
19.8
78.5
25. 5
82 5
36.7

63.1
47.7
93.5
56.6
36.9
82.9
82.3
40.7
19.8
73 2
26.5
74 0
37.2

61.7
31.7
101.3
55.3
36.7
80.2
82.6
34.0
20.1
57.4
28.2
72 0
40.5

58.5
27.0
94.6
51.4
36.0
81.1
80.0
35.2
16.8
64 0
19.5
52 4
40.5

64.1
40.9
104.6
55.2
34.8
83.8
84.0
38.8
19.5
83 6
33. 1
68 8
42.4

59
58
26
62
78
21
23
«90
25
81
135
68
33
86
115
66
48
49
17
32
106
40
29
60
59
23
48
«85
21
23

67
66
26
67
93
43
27
o 105
23
89
133
61
84
104
123
73
62
61
15
39
108
34
29
66
66
24
54
95
43
28

64
63
40
23
94
78
28
« 80
23
84
132
54
64
92
107
71
57
63

a 64

o60
*58
34
29
90
59
24

a 67

a 91

23
84
135
68
22
90
108
65
48
50
8
33
104
41
31

23
88
133
64
84
104
111
70
61
58
8
41
104
36
31

65
63
18
53
87
57
29
«85
20
89
138
55
119
95
106
78
67
74
6
47
105
39
35
65
63
31
53
83
59
31
89
21
87
138
73
136
92
104
75
65
66
7
45
106
37
35

60
58
32
34
86
54
24
°73
20
81
132
46
60
86
91
72
74
70

« 81

68
66
15
63
89
50
30
a 102
25
94
137
60
158
102
112
80
79
74
22
39
104
36
32
67
65
16
55
89
50
31
<»93
24
91
137
68
216
99
104
74
61
67
13
38
103
36
33

39
93
30
39
66
64
60
43
84
72
27
85
23
86
132
67
78
91
112
76
75
66

46
102
36
42
65
64
48
38
89
88
29
<*86
26
86
132
59
91
87
113
73
53
57

41
108
33
47
"63
62
33
41
89
63
31
« 92
20
85
132
54
181
83
115
79
64
63

46
120
48
47
60
57
27
40
91
54
21
o 84
22
85
135
41
144
76
99
81
77
51

39
96
30
38

45
107
36
40

40
110
30
44

45
122
44
44

45
108
36
45

30
85
147
94
25
106
143
78
43
57
14
37
134
36
46

84.0
83.8
80.5
74.8
108.5
96.0

85.1
86.8
90.2
75.4
103.8
96.8

87.7
91.3
84.0
78.5
104.4
101.3

79.4
83.3
75.2
72.1
94.1
93.8

81.9
85.7
75.5
76.3
90.1
100.0

85.8
91.8
79 8
80.5
99.3
102.0

75 3
80.8
70 2
67.8
85.9
95.8

84 4
86.3
73 8
79.8
99.8
103.2

84.0

85.1

87.7

79 4

81.9

85 8

75 3

36.5

37.7

47.3

56.2

59.2

61.2

42.6

126.8
129 5
93.7
80.6

129.0
118 3
93.7
88.5

130.1
121 3
95.4
96.2

124.3
103 2
79.8
83.5

126.0
107 5
83.6
90.4

130.0
112 5
95.0
91.0

115.6
101 5
81.4
84.7

121.0
119 7
82.5
89.5

83.4
63.6
135.2
61.4
49.2
140.3
93.0
59.5
43.1
105.4
69.3
146 5
51.3

89.4
67.8
132.6
66.2
56.2
138.3
96. 7
71. 1
64.4
85.2
92.7
144.0
66.4

80
« 80
64
50
98
96
53

«91

° 96

a 93

a 97

74
64
99
120
72

73
68
97
148
93

a 101

a HO

a H4

45
108
36
47

32
87
147
118
31
106
145
76
43
50
21
36
136
35
46

45
97
154
140
28
0
121
126
a
89
55
69
81
34

a 66

a 78

66
44
35
105
55
35
a 93
24
85
140
65
32
85
116
72
44
55

°78
51

40
91
153
139
20
126
147
82
57
57
30
42
137
28
53
a 92
"93
66
51
100
118
72
114
38
91
154
115
16
133
135
84
65
64
15
41
134
29
55

92 9
97.3
85 7
89.1
103.9
107.0

a 1Q4 5

a 112 4
0
119.0

84 4

92 9

a 104 5

a H2 4

54.8

58.9

°65. 5

"66.6

127.1
126 2
93.5
91.3

135.7
a 136 o
100.2
«98.3

72.5
47.9
128.2
57.0
40.2
112.3
87.3
47 1
27.8
91 4
47.9
114 6
42.7

INDUSTRIAL PRODUCTION (F.B.B.)
Total, unadjusted §
1923-25=100Manufactures unadjusted §
1923-25 = 100Automobiles
1923-25=100—
Cement
1923-35=100
Food products
1923-25=100—
Glass, plate
1923-25=100—
Iron and steel
.
.1923-25=100—
Leather and shoes §
1923-25=100
Lumber
1923-25=100.
Paper and printing
.1923-25=100—
Petroleum refining
. 1923-25= 100. _
Rubber tires and tubes
1923-25=100..
Shipbuilding
. . 1923-25=100Textiles
1923-25= 100..
Tobacco manufactures
1923-25 = 100. .
Minerals, unadjusted
1923-25=100—
Anthracite
1923-25=100.
Bituminous coal
1923-25=100,.
Iron ore shipments _ _
1923-25=100—
Lead
1923-25=100Petroleum, crude
1923-25=100
Silver
1923-25=100
Zinc
1923-25=100
Total, adjusted §
1923-25=100..
Manufactures, adjusted §_
1923-25=100Automobiles
1923-25=100..
Cement.
.
1923-25=100—
Food products
1923-25=100
Glass, plate
1923-25=100
Iron and steel
1923-25=100Leat her and shoes §
1923-25 =100
Lumber
1923-25=100
Paper and printing.
1923-25 = 100.
Petroleum refining
1923-25=100
Rubber tires and tubes
1923-25 = 100. .
Shipbuilding
... 1923-25 = 100Textiles
1923-25=100
Tobacco manufactures
1923-25 = 100—
Minerals, adjusted
1923-25=100
Anthracite
1923-25=100
Bituminous coal
. _ 1923-25=100—
Iron ore shipments
1923-25 = 100—
Lead
1923-25=100
Petroleum, crude
1923-25=100—
Silver
1923-25=100..
Zinc
1923-25=100

91
90
67
65
85
137
79
115
49

107
131
95
61
74
117
35
140
71
92
92
61
50
92
135
80
104
46

114
123
92
61
75
57
36
137
77

63
35
24
89
68
32
a
93
20
88
132
58
129
88
104
76
68
67

a g?

23
86
135
45
112
78
94
74
63
51

68
57
34
99
61
39
a 91
26
88
140
76
31
88
107
65
45
46

a

42
99
88
49

a HO

a 135

29
66
a 100
0
101
70
56
100
150
100
o H6
46
104
155
143
19
a 130
117
a QO

67
76
40
36
a
132
34
71

INDUSTRIAL CONSUMPTION OF
ELECTRICAL ENERGY
Consumption by geographic sections:
73.5
Total, United States
__ .1923-25 =100—
105 2
68.4
Middle Atlantic
1923-25 = 100- 112.6
New England
1923-25=100
67.7
106 3
North Central
1923-25=10066.8
100.5
Southern...
1923-25=100—
87.9
114.8
Western
.1923-25 = 10089.4
111.0
Consumption by industries:
Total, all industries
1923-25=100
73.5
105 2
Automobiles, including parts and accessories
1923-25=10033.7
62.6
Chemicals and allied products
1923-25=100116.6
143.5
Food products
1923-25 = 100
123 2
136 3
Leather and products
1923-25=100—
82.2
100.6
Lumber and products
1923-25=100..
98.3
69.8
1
Revised.
t Revised series. For earlier data see p.




19 of this issue.

a

108. 8
a 104 7
"97.8
a
121. 3
111.6

§ Series revised. Earlier data will be shown in a subsequent issue.

a HO 1

o]07.8
« 125. 7
"118.3

146.7

a 149 g

o 102. 7
* 102.0

23

SURVEY OF CURRENT BUSINESS

October 1933

Monthly statistics through December 1931, 1933
together with explanatory footnotes and references to the sources of the data, may be found
in the 1932 Annual Supplement to the Survey August

1932

1933

Decem- January
October NovemAugust September
ber
ber

February

March

April

May

June

July

BUSINESS INDEXES—Continued
INDUSTRIAL CONSUMPTION OF
ELECTRICAL ENERGY— Continued
Consumption by industries— Continued
Metals, group
1923-25=100..
Electrical apparatus
1923-25= 100..
Metal-working plants
1923-25= 100. .
Rolling mills and steel plants
1923-25=100..
Paper and pulp
1923-25=100..
Rubber and products
1923-25 = 100._
Shipbuilding
1923-25=100..
Stone, clay, and glass
1923-25=100
Textiles
_
1923-25= 100..

80.3
107.2
75.3

°44.7
67.6
45,0

50.6
81.4
51.8

54.8
80.9
53.0

57.5
85.6
56.1

54.0
76.0
52.7

58.4
74.0
52.8

64.2
83.3
58.4

50.5
75.0
50.5

58.0
89.4
55.3

65.5
« 104. 1
63.7

88.7
127.4
143.5
80.0

M4.0
94.7
76.4
77.9
71.8
65.7

51.3
107.4
87.7
84.0
90 3
86.7

54.8
111. 3
86.5
72.3
84.3
94.8

56.6
113.6
93.0
84.0
81.9
93.0

53.3
98.8
77.2
84.0
56.2
86.5

54.7
104.4
85.2
83.5
58.5
85.0

60.6
111.0
91.0
89.2
67 2
84.1

50.5
95.2
68.0
71.5
68 8
79.0

62.3
102.3
82.0
73.0
74 5
86.0

68.8
112.0
124.5
71.3
90 0
96.4

79
85
106
73
78
322
71
45
85
102
46
55
14
54
107
61

103
81
88
77
72
213
125
175
101
98
75
52
17
49
89
70

123
83
82
84
75
128
165
271
142
87
87
56
27
53
78
84

108
84
84
74
117
84
133
246
77
54
70
61
40
47
77
92

82
81
87
68
119
38
84
136
63
45
61
47
45
42
70
90

76
81
101
75
88
60
70
94
68
43
75
51
44
47
32
91

61
69
89
63
76
63
52
53
65
38
76
51
37
48
23
88

66
76
102
63
104
30
55
49
65
40
105
54
35
50
33
101

73
86
97
68
137
49
60
49
74
60
83
57
25
53
69
98

92
103
131
79
153
131
81
60
111
90
86
0
63
27
57
122
°113

37
27
23
76
36
111
0
32
37
21
37
23
45
34

45
34
27
83
34
135
10
33
38
23
55
22
49
23

40
33
21
81
35
131
0
32
38
22
50
22
50
21

33
24
14
71
37
115
0
28
37
19
35
25
41
6

32
40
12
64
37
97
1
28
37
18
35
24
40
6

32
34
15
69
37
°89
1
28
36
18
37
24
44
6

32
35
15
69
34
89
1
28
35
18
36
24
44
7

38
35
17
75
40
118
0
28
35
19
35
24
45
5

40
41
19
71
36
119
0
31
36
20
34
24
60
4

134
102
116
92
98
87
83
201
138
75
155
74
157
90
175
125
189

143
100
121
84
98
91
83
205
127
69
146
74
173
112
180
122
217

155
98
122
73
99
87
83
192
125
76
139
77
196
122
195
116
263

157
98
121
67
103
85
85
191
117
82
146
82
199
122
185
106
287

153
96
121
66
108
81
83
193
83
81
159
76
193
117
177
109
282

149
97
122
69
107
80
85
196
90
78
160
74
186
112
169
95
277

143
97
120
69
105
85
82
200
89
80
163
77
176
104
164
86
259

139
97
123
69
103
85
81
206
88
80
164
81
169
99
163
82
241

268
&432
268
323
206
314
130
226
189

262
M28
244
325
204
311
136
229
198

256
429
221
330
186
310
141
226
207

260
434
239
328
188
306
153
228
204

262
426
229
330
193
314
155
220
217

263
402
229
326
206
312
145
212
236

259
394
212
328
220
331
147
207
220

104 1
109.4

«75.3
106.9
72. 6

a

a 79. 8
126 5
« 146.4
75 7
0

a 102 0

°118 2

°85. 3
« 114.0
«79.6
°95.0
a 130.2

157.0
a 75 7
a 113 5
a 121 3

MARKETINGS
Agricultural products*
1923-25= 100. .
Animal 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-Forest products
_ ... 1923-25=100
Distilled wood
1923-25=100
Lumber
..
. 1923-25=100
Naval stores
1923-25 = 100
Pulp wood ..
1923-25=100 .
ORDERS
Orders, new
1923-25=100
Iron and steel .
_
. 1923-25=100
Lumber and products
1923-25= 100. _
Paper
1923-25=100-.
Stone, clay, and glass
1923-25=100..
Textiles
_
1923-25=100..
Transportation equipment
1923-25 = 100. .
Orders, unfilled
1923-25=100..
Iron and steel
1923-25=100.
Furniture and
flooring
1923-25=100..
Paper
.
. 1923-25=100
Brick and glass
1923-25=100..
Textiles
1923-25=100..
Transportation equipment... .1923-25=100
STOCKS
Domestic stocks
1923-25=100..
Manufactured goods
1923-25=100
Chemicals and allied prod... 1923-25 =100..
Food products..
__ 1923-25 =100
Forest products.—
1923-25=100..
Iron and steel products
1923-25=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
1923-25=100
Raw materials
1923-25=100..
Chemicals and allied prod. ..1923-25= 100..
Foodstuffs
1923-25 = 100
Metals
. 1923-25=100
Textile materials
_
1923-25=100..
World stocks—foodstuffs and raw materials:
Total
1923-25 = 100..
C offee— adj . for seasonal
1923-25 =100
Cotton—adi. for seasonal
1923-25= 100..
Rubber—adj. for seasonal
1923-25=100..
Silk —adj. for seasonal ~
1923-25=100
Sugar— adj. for seasonal
1923-25=100
Tea— adj. for seasonal
1923-25=100..
Tin—unadjusted
1923-25 = 100. .
Wheat— adj. for seasonal
1923-25=100

85
100
126
92
76
344
69
69
72
76
49
30
63
125

57
33
1

106
126
109
81
154
82
80
166
166
85
213
103
174

253
342
151
161

91
102
144
79
108
399
81
62
65
100
103
66
60
135
111

91
95
130
73
84
534
87
62
73
131
51
65
30
63
135
79

56
53
32
77
38
163
1
36
37
28
35
24
78
6

67
74
32
87
40
0
200
4
45
42
27
33
27
a
120
9

50
63
27
81
34
120
3
39
40
29
25
29
83
10

133
95
119
69
101
82
83
207
81
76
159
81
161
93
160
78
225

133
97
112
79
101
87
82
201
90
77
155
79
159
90
171
84
206

o 134
101
107
109
94
104
81
185
84
74
154
0
105
159
87
189
84
184

140
105
«109

261
375
231
330
217
326
158
209
208

267
362
236
331
225
348
167
204
208

269
343
255
326
217
344
171
201
208

267
340
247
353
242
317
164
192
219

266
344
245
357
216
308
159
183
232

a 27

a 121

100
101
82
167
74

a 77

153
123
M67
«85
216
92
176

COMMODITY PRICES
COST OF LIVING (N.I.C.B.)
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.)§
Total, all groups
1909-14= 100..
Cotton and cottonseed...
1909-14= 100. _
Dairy products *
1909-14=100
Fruits and vegetables
1909-14=100..
Grains
.
1909-14=100..
Meat animals
1909-14=100..
Poultry products *
1909-14=100
Unclassified
1909-14=100..
0

Revised.

b

76.9
70.0
73.0
84.3
63 2
91.8

76.8
64.3
69.0
85.5
71.2
92.8

76.6
64.2
68.7
86.0
70.5
92.6

76.1
64.4
68.7
86.3
69.6
91.4

75.6
64.0
68.0
86.5
68.7
91.5

75.1
63.5
67.6
86.3
67.5
91.3

73.7
62.6
64.9
86.0
66.4
90.7

72.1
61.8
62.2
85.9
65.4
89.4

71.8
61.2
61.9
85.8
64.6
89.4

71.5
60.7
61.9
84.6
64.0
89.3

72.1
60.7
64.1
82.8
63.5
89.4

72.8
61.6
66.2
82.2
63.4
89.3

75.2
63.9
71.7
82.6
63.2
90.3

72
71
72
120
81
63
67

59
51
65
79
43
69
75

59
57
67
68
41
67
84

56
51
68
59
36
60
102

54
47
68
57
34
57
115

52
43
69
59
33
52
121

51
45
68
59
34
51
96

49
44
62
57
34
53
57

50
48
59
60
36
56
54

53
49
59
66
47
57
56

62
65
63
68
62
65
62

64
69
65
74
63
66
55

76
84
71
103
94
66
67

54

Estimate

§Data for September 15: Total, 70, cotton and cotton!



40

42

44

43

45

46

44

43

44

47

48

51

New series. See p. 18 of the March 1933 issue (marketings) and p. 20 of May 1933 issue (prices).
', dairy products 76, fruits and vegetables 101, grain 78, meat animals 62, poultry products 77, unclassified 53.

24

SURVEY OF CUERENT BUSINESS

Monthly statistics through December 1931, 1933
together with explanatory footnotes and references to the sources of the data, may be found
in the 1932 Annual Supplement to the Survey August

October 1933

1932

1933

Decem- January
October NovemAugust September
ber
ber

February

March

April

May

June

155
94

152
97

July

COMMODITY PRICES—Continued
RETAIL PRICES
Department of Labor indexes:
Coal
1913=100Food...
1913=100Fairchild index:
Combined index*
Dec. 1930=100Apparel:
Infants' wear*
_ Dec. 1930=100 .
Men's*
Dec. 1930=100..
Women's*
Dec. 1930=100
Home furnishings*
Dec. 1930=100..
Piece goods*
Dec. 1930=100WHOLESALE PRICES
Department of Labor index:
Combined index (784)
1926=100
Economic classes:
Finished products
1926=100Raw materials—
1926=100 _
Semimanufact ures
1 926 = 1 00
Farm products
1926=100 _
Grains
1926=100
Livestock and poultry.
-.1926=100—
Foods
1926=100
Dairy products
1926=100 .
Fruits and vegetables
1926=100
Meats
1926=100 .
Other products
1926=100Building materials
1926=100 .
Brick and tile
1926=100
Cement
1926=100 .
Lumber
1926=100Chemicals and drugs
1926= 100—
Chemicals
1926-100
Drugs and Pharmaceuticals .1926= 100. .
Fertilizer materials
1926=100 .
Fuel and lighting. _
1926=100..
Electricity....
1926=100Gas
1926=100
Petroleum products
1926= 100—
Hides and leather
1926=100B oo ts and shoes
1926=100 .
Hides and skins
1926— 100
Leather
1926=100House furnishing goods
1926=100—
Furniture1926= 100..
Furnishings
1926=100Metals and metal products, . .1926= 100—
Iron and steel..
1926=100..
Metals, nonferrous
1926=100Plumbing a n d h e a t i n g
equipment
1926=100
Textile products
1926=100Clothing.
1926= 100Cotton
1926=100Knit goods
1926-100
Silk and rayon
1926=100—
Woolens and worsted .
1926—100
Miscellaneous
1926=100 .
Auto tires and tubes .
1926—100
Paper and pulp
1926=100—
Other wholesale price indexes:
Bradstreet 's (96)
1926 = 100
Dun's (300)
-.1926 = 100World prices, foodstuffs and raw materials:
Combined index*
1923-25=100..
Coffee*
1923-25=100 .
Copper*
. ... 1923-25 = 100
Cotton*
1923-25=100
Rubber*
1923-25= 100Silk*
..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.)

164
90

160
107

168
101

171
100

172
100

172
99

173
99

172
95

171
91

170
91

155
105

82.5

73.6

73.6

73.3

72.6

71.8

71.1

69.9

69.7

69.4

70.4

72.3

76.1

85.4
80.4
85.7
81.7
80.2

78.5
74.7
74.9
74.8
70.7

77.9
74.6
75.4
74.9
71.1

77.2
74.5
75.4
74.2
70.9

76.9
73.9
74.3
74.0
70.3

77.1
73.0
74.1
73.0
69.6

77.2
72.4
72 7
72.5
67.7

76.7
71.6
71.9
71.5
66.1

76.4
71.2
71.7
70.9
65.8

76.4
70.7
71.8
70.2
65.1

77.5
71.0
72.3
71.1
67.2

78.7
71.8
73.7
72.8
69.6

80.7
75.1
78.2
77.8
74.8

69.5

65.2

65.3

64.4

63.9

62.6

61.0

59 8

60.2

60.4

62.7

65 0

68.9

73.4
60.6
71.7
57. 6
64 6
45.9
64 8
65.7
71 1
51.0
74.1
81.3
81 5
90.3
79.4
73.1
79 g
57.6
69.0
65.5
40.9
91.7
96. 1
91 5
82.5
77.6
76.8
78.6
81.2
78.6
68.2

70.7
55.7
57.9
49.1
38.2
52.8
61.8
60.2
55.6
61.9
70.1
69.6
75.2
79.0
55.5
73.3
79.7
57.0
66.4
72.1
104.4
107.0
48.9
69.7
84.4
39.3
60.0
73.6
72.6
74.8
80.1
78. 7
48.5

70.4
56.2
60.7
49.1
37.4
51.2
61.8
60.6
52.5
60.9
70.4
70.5
75.4
79.0
56.3
72.9
79.8
56.6
63.6
70.8
103.4
107.6
46.7
72.2
84.4
48.2
63.2
73.7
72.7
74.7
80.1
79.7
51.6

69.6
54.6
60.7
46.9
34.4
45.0
60.5
60.5
52 2
56.4
70.2
70.7
75 3
79.0
56.6
72.7
79 8
55.9
63.4
71.1
104.6
104.4
47.4
72.8
84.6
49.6
64.1
73.7
72.8
74.7
80.3
80.4
50.7

69.3
54.2
58 9
46.7
33 2
41.9
60 6
62.3
52 4
53.7
69.8
70.7
75 4
79.0
56.6
72.4
79 7
55.0
63.5
71.4
103.1
100.0
48.2
71.4
84.2
46 1
61.9
73.7
72.7
74.7
79.6
79.4
49.1

68.4
52.1
57.7
44. 1
31.7
38.7
58 3
59.5
52 8
49.4
69.0
70.8
75. 1
81.1
56.5
72.3
79 7
54.7
63. 1
69.3
104.1
96.5
45.0
69.6
83.8
41.7
59.2
73.6
72.7
74.7
79.4
78.8
48.3

66.7
50.2
56 9
42.6
32 9
37.8
55 8
55.2
53 0
49.5
67.3
70.1
74 9
81.2
55.9
71.6
79 3
54.9
62.3
66.0
103.2
96 7
38.7
68.9
83.3
43 0
57.1
72.9
72.3
73.5
78.2
78.5
46.4

65.7
48.4
56 3
40.9
32 7
40.1
53 7
52.4
52 4
50.2
66.0
69 8
75 1
81 8
56.4
71.3
79 0
54.8
61.5
63.6
102.9
96 6
34.3
68.0
83 3
40 9
55.3
72.3
71.9
72.9
77.4
77.3
46.2

65.7
49.4
56.9
42.8
36 0
43.0
54 6
50.9
54 3
50.5
65.8
70.3
74 9
81 8
57.8
71.2
79 3
54.8
61.9
62.9
100.5
96 6
33.1
68.1
83 2
41 4
55.6
72.2
71.8
72.9
77.2
76.4
47.9

65.7
50.0
57.3
44.5
44.8
41.0
56.1
53.1
57 8
50.3
65.3
70.2
75 0
81.8
57.9
71.4
79 5
54.6
62.9
61.5
98,3
97.5
32.5
69.4
83.2
45 8
57.2
71.5
71.5
71.7
76.9
75.7
49.2

67.2
53.7
61.3
50.2
52.8
46.8
59.4
58.8
58 8
52.3
66.5
71.4
75 2
81.8
59.6
73.2
80 9
55.0
66.8
60.4
94.6
103 3
31.2
76.9
83 6
67 3
68.3
71.7
71.6
72.0
77.7
75.2
56.6

69.0
56.2
65 3
53.2
57 4
46.6
61 2
63 1
63 9
52.4
68.9
74.7
77 0
81 8
67.4
73.7
81 5
55.5
68.0
61.5
91.4
101 7
34.4
82.4
85 5
81 4
74.3
73.4
73.4
73.6
79.3
76.2
63.2

72.2
61.8
69. 1
60.1
73.4
47.4
65 5
66.1
75 6
50.8
72.2
79.5
78 2
88.2
75.9
73.2
80 3
56.8
68.6
65.3
89.4
100 2
41.3
86.3
88.3
88 7
78.0
74.8
74.6
75.1
80.6
77.7
67.6

70.3
74.6
74.4
93.5
69.4
34.6
78.9
65.4
43.2
81.0

67.1
52.7
•61.0
52.6
48.5
29.5
53.4
64.6
40.1
76.3

66.8
55.6
67.3
57.9
50.4
32.6
56.7
64.7
42.7
75.5

67.5
55.0
62.5
56.2
50.9
30. S
56.5
64.1
44.6
73.4

67 5
53.9
62.2
53.6
51.0
29.5
55.3
63.7
44.6
73.4

67.5
53.0
62.5
51.7
49.3
29.3
54.2
63.4
44.6
73.0

62.8
51.9
61.9
50.1
48.4
27.0
53.4
61.2
44.6
72.0

59 4
51.2
61.2
49.1
48 3
25.6
53 2
59.2
42 6
72.1

59 4
51.3
61.3
50.0
47 1
25.5
53 2
58.9
41 3
72.2

59.4
51.8
61.4
50.7
47 2
26.3
53 3
57.8
37 4
70.6

61 3
55.9
61.9
57.9
48 0
29.1
61 5
58.9
37 6
70.7

67 4
61.5
64.5
67.1
50 9
35.2
68 8
60.8
40 1
73.5

69 4
68.0
70.6
80.2
55.2
37.9
72 3
64.0
41 4
78.1

69.6
85.0

55.5
71.1

56.3
72.4

53.9
71.4

53.3
71.0

52.6
69.0

50.6
68.1

49 2
67.7

50.6
68.0

54.1
70.8

62.1
74.2

64 5
79.1

69.7
82.8

39.7
45.0
63.4
35.3
17.1
26.3
36.9
63.2
89.0
42 8

30.5
59.8
37.7
27.2
8.5
23.0
28.4
30.5
45.7
36.2

32.6
73.2
43.2
28.3
9.0
25.2
28.4
33.3
49.3
37.5

30.1
62.8
41.4
24.3
8.5
23.4
28.2
36.3
47.6
35.0

27.8
52.4
37.1
22.8
8.1
21.8
26.4
33.6
46.4
33 1

25.7
51.9
34.8
21.7
7.7
21.7
20.9
28.0
45. 1
31 2

25.1
48.4
34.6
22.8
7.2
18.2
18.0
29.2
45.2
32 0

24.9
47.0
34.6
22.4
6.9
16.8
18.5
40.0
46.7
30.0

27.0
47.0
36.2
25 7
7.0
16.5
23.9
39.8
48.4
30 1

28.6
44.5
39.0
25.4
8.3
18.5
27.9
38.1
54.0
32 9

34.2
46.5
48.4
31 6
11.6
22.2
32.7
39.6
71 4
38 8

37.6
45.5
56 2
35 3
14.4
30 1
34.7
42.3
87 9
39 9

42.8
45.5
62 5
°39 7
18.8
31.8
38.4
52.1
92 3
50 3

19
13
16
11

21
14
18
13

13
"21
13

9 409
77, 172

9 186
102, 980

8 229
82, 693

3 152
6,525
31, 639

3 082
7,137
50, 774
Revised.

2 802
6,978
40, 122

CONSTRUCTION AND HEAL ESTATE
CONSTRUCTION CONTRACTS
AWARDED
Contracts awarded, F.R.B.:
32
Total, unadjusted
1923-25=100..
25
24
30
22
18
28
16
14
16
11
7
7
11
8
8
12
12
Residential
1923-25=100
13
10
Total, adjusted
1923-25=10030
30
27
29
22
23
28
19
14
14
Residential
1923-25=100..
12
12
12
10
13
9
8
8
8
10
F. W. Dodge Corporation (37 States):
Total, all types :#
7 254
Projects
number
7 185
7 152
6 483
8 193
5 266
3 800
3 884
4 205
6 303
Valuation
..thous. of dolls.. 106, 131 133, 988 127, 527 107, 274 105, 302 81, 219 83, 356 52, 712 59,959 56, 573
Nonresidential buildings :§
Projects
number
2 779
2,180
1,921
I 582
1 532
1,792
1 466
1 363
2 254
2 535
8,114
6,721
Floor space
thous. of sq. ft.. 6,381
4,912
6,036
4,460
4,085
3,331
4,972
5,000
Valuation..
thous. of dolls.. 32, 797 49, 071 35, 997 26,917 31, 845 24, 945 28,732 23, 670 26, 359
23,807
* New series. For earlier data see p. 19 of the December 1932 issue (Fairchild index) and p. 20 of September 1932 issue (world prices).
# Data on floor space dropped. See p. 20 of the September 1933 issue for explanation.
§ Data for this series have been revised for years 1930, 1931, and 1932 and may be found on p. 20 of the September 1933 issue.




1

a 24

25

SURVEY OF CURRENT BUSINESS

October 1933

Monthly statistics through December 1931, 1933
together with explanatory footnotes and references to the sources of the data, may be found
in the 1932 Annual Supplement to the Survey August

1933

1933
Decem- January FebruAugust SeptemOctober Novemary
ber
ber
ber

March

April

May

June

July

CONSTRUCTION AND REAL, ESTATE—Continued
CONSTRUCTION CONTRACTS
AWARDED— Continued
F. W. Dodge Corporation (37 States)— Con.
Public utilities :#
Projects
number
Valuation
thous of dolls
Public works :#
Projects
number__
Valuation _
thous. of dolls
Residential buildings:
Projects
number..
Floor space
thous. of sq. ft_.
Valuation
_
thous. of dolls
Engineering construction: 5
Total contracts awarded (E.N.R.)
thous. of dolls..

157
19, 395

173
7,422

157
4,523

128
8,264

116
4, 116

107
6,451

89
7,974

93
4,726

150
2,499

114
2,390

176
5,640

164
5,046

160
4,132

1,251
32, 003

1, 512
56, 729

1,588
64, 203

1,250
50, 237

966
50, 096

832
36, 866

451
34, 699

373
12, 510

701
15, 079

571
11, 233

782
13, 372

933
19, 392

910
14, 809

4,006
6, 385
21, 937

3,320
5,545
20, 767

3,486
6, 550
22, 804

3,313
5,984
21, 856

2,602
5,490
19, 245

1,903
3,437
12, 958

1,794
3,160
11,951

1,886
3, 149
11,805

3,198
4,773
16, 021

4,034
5,814
19, 144

5,299
8,352
26, 520

5,007
8,309
27, 768

4,357
7,383
23, 630

74, 063

81, 634

114, 487

100, 812

100, 443

103, 360

95, 392

60, 513

57, 934

49, 393

78, 198

104, 200

50, 368

5, 650
5, 300 j

12, 275
11, 137

12,653
10, 690

6,712
5,667

8,002
7,592

5,649
4,638

5,387
5,129

1,440
1,280

1,696
1,478

570
379

1, 902
1, 633

1, 861
1, 547

1, 428
879

6, 209
3,702
694
355
339

56, 154
19, 285
3,821
2,025
1,795

58,319
18, 394
3, 691
2, 339
1, 353

56, 058
17, 378
3, 570
2,498
1,072

51, 976
15, 619
3, 228
2,249
978

45, 085
13,314
2,682
1,911
770

40, 180
11,903
2, 489
1,881
609

33, 050
9, 816
2, 218
1, 660
558

25, 738
7, 498
1,959
1,408
551

13, 127
3, 938
1,351
783
368

8, 371
2, 642
762
507
255

8, 996
3, 067
759
523
237

9, 208
3, 539
944
533
411

191, 040
68, 270
9, 339
fi, 443
2, 896
111, 227

242, 175
1 12, 68f?
11, 518
8, 260
3, 258
103,505

260, 943
115,528
13,268
9. 116
4, 152
101, 124

255, 315
107, 152
13, 224
8, 966
4, 258
102, 361

250, 724 •250,978
101, 098 98, 257
12,978 ] 3, 349
9, 152
9, 353
3, 996
3,826
103, 874 104, 562

252, 372
95, 884
13, 301
9, 347
3, 953
105, 055

260, 185
97, 337
13, 561
9, 550
4,011
105,412

265, 678
98, 311
13, 855
9,628
4,228
105, 645

269, 489
97, 551
14, 209
9, 709
4,500
105, 835

260, 736
92, 6G9
3 3, 657
9, 258
4,400
100,554

242, 107
86,141
12, 384
8, 397
3, 986
107, 869

222. 452
79, 844
1 ] , 243
7, 626
3, 617
309,125

11, 300

51, 425

42, 075

33, 593

25, 583

20, 294

18, 075

15, 746

14, 550

15, 622

16, 317

15,190

12, 874

150
165
167.0

149
162
156. 8

149
163
158.0

147
163
159. 2

146
163
158. 2

145
163
158. 5

142
163
158. 4

141
163
159. 3

158.4

140
103

140
158
160. 2

141
101
163. 4

148
362
165.5

150

153
160

153

152

152
160

152

ir>o

151
165

153

155
148

155
149

153
148

.1 54
148

153
149

]f;2

147

151
34fi

153
147

150
343

3 50
1 4-5

31, 426

30, 972

30, 734

31, 168

39, 191

35, 548

36, 661

35, 321

27, 826

24, 339

54,2

53.4

60.4

50. 1

52. 9

50.4

57. 2

41.7

41.1

HIGHWAY CONSTRUCTION
Concrete pavement contract awards:
Total
_ _ _ _ thous. of sq. yd..
Roads only
thous. of sq. yd..
Federal-aid highways:
Approved for construction:
Estimated total cost
thous. of dolls—
Federal-aid allotment
thous. of dolls..
Mileage, total
number. _
Initial _ _
_ _
number
Stage (added improvement).. .number..
Under construction:
Estimated total cost
thous. of dolls..
Federal-aid allotment
thou 0 - of dolls
Mileage, total
number
Initial
number..
Stage (added improvement)... number..
Mileage completed to date.
.numberBalance of Federal-aid funds for new construction
thous. of dolls..
CONSTRUCTION COSTS
Building costs— all types (American Appraisal
Co.)*
1913 = 100-.
Building costs— all types M..<?.C.j_.1913=100-_
Building costs— all types (E.N.R.)§. 1913 = 100..
Building costs— electric light and power construction (Rickey}*
19*3=100
Building co-'ts — factory (Aberihaw) 1914—100
Building material costs: {
Brick house. 6-roorn
1913—100
Frame house, 6-room
1913 = 100

140
358
304.4 |

168

MISCELLANEOUS DATA
Construction — employment and wages:
Employment, Ohio. (See Employment.)
Wages, road building (See Employment.)
Fire losses, United Slates
thous. of dolls.
Ship construction. (See Trans. Equipment.)
Real estate:
Market activity
each month 1926=100-New financing. (See Finance.)

23, 627

21, 579

20, 004

1
i

DOMESTIC TRADE
ADVERTISING
Radio broadcasting:
2 493
Cost of facilities, total
thous of dolls
2,620
°3, 816
2 286
3 006
2,803
2, 287
2, 065
3 060
3 014
2 466
3,036
1 907
a
Automotive
thous. of dolls..
171
1 28
176
' 115
' 234
78
57
'l!8
'215
' 121
58
*127
'l26
o
o
(}
0
o
o
o
o
o
o
Building materials
thous of dolls
0
0
0
9
21
Clothing and dry goods thous. of dolls..
29
39
22
17
52
53
23
5
19
47
0
Confectionery
thous. of dolls..
38
145
100
186
38
103
139
134
39
67
170
120
33
638
470
Drugs and toilet goods
thous. of dolls699
522
474
598
550
519
650
357
556
628
719
Financial
thous. of dolls..
79
76
85
82
* 93
84
92
99
86
86
88
89
90
722
542
Foods
..thous. of dolls..
898
750
713
607
573
684
780
860
767
896
909
23
32
50
House furnishings
..thous. of dolls..
43
44
0
77
38
3
13
16
0
16
Machinery
thous. of dolls..
12
84
49
7
0
0
69
0
0
23
33
35
0
12
9
11
12
8
Paints and hardware
thous. of dolls..
8
13
6
14
2
10
7
18
292
220
319
294
Petroleum products
thous. of dolls..
236
281
304
247
308
182
211
238
198
Q
o
27
o
19
44
54
36
Radios
thous of dolls
36
44
46
57
16
0
0
Shoes and leather goods thous. of dolls..
0
12
9
0
12
0
0
12
0
15
15
Soaps and housekeepers' supplies
59
74
82
94
79
77
71
78
116}
thous. of dolls..
70
92
80
79
0
0
0
Sporting goods
thous. of dolls0
0
0
0
0
0
9
17
0
0"
4
36
8
33
33
18
17
51
Stationery and publishers -thous. of dolls. .
52
44
68
0
20
362
241
334
364
361
239
207
Tobacco manufactures
thous. of dolls..
354
395
187
366
358
385
53
42
24
34
30
32
Miscellaneous
--thous. of dolls.23
27
147
320
75
37
485
Magazine advertising:
6, 345
Cost, total.
thous. of dolls.. 5,879
7, 635
9,106
5, 569
8,236
9,285
8,670
7,827
8,293
9,053
6,807
6, 836
689
834
421
1,164
779
677
Automotive
thous. of dolls..
962
792
512
375
567
535
668
97
192
111
128
172
107
Building materials
thous. of dolls..
150
202
146
129
195
100
133
141
241
244
203
106
150
268
Clothing and dry goods... .thous. of dolls..
162
222
198
79
185
90
180
144
208
Confectionery
thous. of dolls. .
55
98
108
262
128
166
276
149
163
170
1,400
1,600
2,324
1,257
2,181
2,453
2,029
Drugs and toilet goods
thous. of dolls..
2, 305
1,896
1, 407
1,731
1,761
1,805
384
Financial
thous. of dolls..
204
197
191
196
212
198
177
167
146
149
200
229
1 Data for June, September, December 1932, March, June, and August 1933 are for 5 weeks, other mouths 4 weeks.
* New series. For earlier data see p. 19 of January 3933 issue (building costs, Richey), and p. 20 of August 1933 issue (building costs, American Appraisal Co.). llidiey
index has not been published since April.
§ Index for September 1, 175.5.
J Compilation of basic data discontinued by department for reason of economy.
# These series represent a breakdown of the combined total previously shown. See p. 20 of the September 1933 issue for earlier data.




26

SURVEY OF CURRENT BUSINESS

October 1933

1933
Monthly statistics through December 1931, 1933
together with explanatory footnotes and references to the sources of the data, may be found
Decem January Februin the 1932 Annual Supplement to the Survey August August SeptemOctober November
ary
ber
ber

1933
March

April

May

July

June

DOMESTIC TRADE—Continued
ADVERTISING— Continued
Magazine advertising— Continued
Foods
thous. of dolls..
Garden
_
thous. of dolls..
House furnishings
thous. of dolls. _
Jewelry and silverware
thous. of dolls..
Machinery
thous. of dolls..
Office equipment-.
-.-thous. of dolls..
Paints and hardware
thous of dolls
Petroleum products
thous. of dolls..
Radios
thous. of dolls..
Schools
thous. of dolls..
Shoes and leather goods — thous. of dolls..
Soaps and housekeepers' supplies
thous. of dolls..
Sporting goods
thous. of dolls
Stationery and books
thous of dolls
Tobacco manufactures
thous. of dolls_.
Travel and amusement
thous. of dolls..
Miscellaneous
thous of dolls
Linage, total f
thous. of lines..
Newspaper advertising:
Linage, total (22 cities)
thous. of lines..
Linage total (52 cities)
thous of lines
Classified
thous. of lines-Display
thous. of lines-Automotive
-thous. of lines.Financial
thous. of lines._
General
-thous. of lines..
Retail
thous. of lines.-

1,018
5
129
26
24
13
2
320
101
136
13

1,403
16
223
47
28
25
3
375
99
219
21

1,284
10
320
41
18
40
34
305
131
191
71

1,760
19
532
116
20
66
38
291
165
142
151

1,953
24
561
146
31
80
55
299
205
120
164

1,816
19
357
202
29
71
23
284
210
113
67

1,209
42
225
77
17
32
9
157
146
132
45

1,817
75
367
28
27
38
25
175
83
144
13

1,943
74
396
28
34
37
76
180
63
116
69

2,075
64
522
50
33
34
99
216
61
116
159

1, 836
58
643
73
24
23
97
326
39
129
201

1,515
23
454
72
14
35
79
268
47
128
154

1, 343
10
200
47
23
25
38
236
58
121
85

440
131
95
364
130
127
1,184

451
125
66
320
133
212
1,173

533
70
104
393
139
262
1, 310

639
51
237
446
164
298
1,607

464
65
267
472
213
303
1, 754

358
146
326
352
259
264
1,641

277
104
160
332
223
181
1,116

632
41
170
347
195
190
1, 490

643
49
118
392
278
203
1,630

702
79
135
392
311
188
1,729

750
136
121
457
388
197
1, 782

668
178
111
383
345
168
1,544

518
142
100
326
233
147
1,272

53,710 « 49, 481
78, 839
86, 339
17, 563
18, 158
61, 275
68, 181
4,754
6, 797
1,621
1,392
13, 034
15, 198
44, 794
41, 866

62, 324
93, 003
18, 359
74, 644
3,684
1,645
15, 606
53, 708

70,753
103, 323
19, 171
84, 153
3,052
1,975
18, 891
60, 235

63, 855
94, 967
16, 423
78, 545
3,740
1,737
16, 823
56, 245

60, 735
91, 509
15, 689
75, 820
3,913
1,651
8,908
61, 348

52, 077
77, 957
15, 282
62, 675
4,866
2,281
14, 197
41,331

47, 186
72, 539
14, 083
58, 456
3, 048
1,637
15, 188
38, 584

49, 884
76, 364
14, 810
61, 554
2,503
1, 951
13, 869
43, 230

60, 118
91,053
17, 000
74, 053
4, 685
1,511
15, 289
52, 569

62, 1S4
94, 649
17,019
77, 630
7, 021
1, 528
16, 133
52, 947

61 , 258
93, 168
16, 345
76, 823
7, 991
1, 722
16. 448
50, 663

49, 364
78,319
16, 064
62, 255
6,139
2, 3P6
14| 272
39, 448

19,718
379

60, 096
902

49, 868
738

48, 104
680

47, 646
641

41,515
686

40, 829
633

39, 575
542

31, 165
520

35, 530
625

34, 668
651

31,411
474

21,754
340

62. 7

62.0

61.7

62.1

61.7

60.7

CO. 8

60.2

60.4

60.5

61.9

62.3

2,909

2,661

2,592

2,458

2,681

3,307

2,839

2, 674

2,665

3, 373

2, 933

2, 402

568, 887

555, 661

567, 006

533, 047

542, 326

524, 721

493, 416

586, 822

568, 740

612, 653

643, 449

644, 172

COLLECTIONS
Delinquent accounts, electrical trade:
Amount
dollars-Firms
number _
FINANCIAL INDICATORS
Bank debits. (See Finance.)
Business failures. (See Finance.)
Commercial loans. (See Finance.)
Money in circulation. (See Finance.)
GOODS IN WAREHOUSES
Space occupied, public merchandising warehouses
percent of total
NEW INCORPORATIONS
Business incorporations (4 States)

number..

2,392

POSTAL BUSINESS
Air mail, weight dispatched
Money orders:
Domestic, issued (50 cities):
Number
....
Value
.. ..
Domestic, paid (50 cities) •
Number
_
Value
Foreign issued — value
Receipts, postal:
50 selected cities. _
50 industrial cities

pounds..
thousands
thous. of dolls

3,078
30, 849

3,061
30, 286

2,971
29, 378

3,219
31, 056

3,152
30, 201

3,574
32, 745

3,207
30, 038

3,098
31, 864

3,936
59, 711

3, 261
35, 866

3,417
35, 399

3. 240
33, 129

3,001
30, Uo7

_ thousands
thous. of dolls
thous of dolls

9. 598
87, 281

8,306
72, 506
2,692

8,441
74, 483
2,962

9,430
79, 092
2,538

9,221
75, 369
2,799

10, 151
78, 670
6, 340

8,567
67, 210
2,400

7,996
65, 370
2, 423

10, 445
136, 196
2,630

9,622
94, 163
2,832

9,737
88, 465
2, 261

10,027
88, 721
2, 330

8, 863
81,759

23, 851
2,900

25, 770
2,835

26, 711
3,030

26, 109
2,840

33, 097
3,789

24, 674
2,955

22, 559
2, 659

24, 422
2,646

23, 810
2,678

24,393
2,703

24, 988
2,701

thous. of dolls..
thous of dolls

RETAIL TRADE
Chain-store sales:
Combined index (19 companies)* f
82
79
76
78
av. same mo. 1929-31=10084
80
83
80
75
« 80
Apparel (3 companies) * f
a
a 73
a 84
av. same mo. 1929-31=100..
91
« 75
«80
76
63
«83
"78
Grocery (6 companies)*
74
av. same mo. 1929-31 = 100.81
82
80
76
73
78
80
74
80
Five-and-ten (variety) stores:
118
142
129
Total, 8 chains, unadjusted- .1923-25= 100. .
123
130
226
100
103
110
129
Total, 8 chains, adjusted
1923-25=100..
121
127
135
133
129
135
138
140
117
139
F. and W. Grand:
1,137
862
Sales
thous. of dolls1,171
1,306
936
1,338
1, 276
2,250
1,058
74
Stores operated
number
75
72
74
73
76
76
76
74
S. S. Kresge Co.:
Sales
thous. of dolls8,805
9,841
7,706
8, 054
8,492
9, 921
9, 430
10, 506
18, 051
10, 228
722
722
Stores operated
number
719
723
718
720
723
718
719
717
S. H. Kress & Co.:
4,862
4,914
Sales
thous of dolls
4,854
9,327
3,913
3,896
4,766
5, 417
5,151
4,087
Stores operated
. .
number
232
231
231
227
227
229
229
232
231
230
McCrory Stores Corp.:
2,721
2,627
2,825
3,129
2,537
2,339
2,383
Sales
thous. of dolls
2, 619
3,475
5,830
241
241
242
242
Stores operated
.
number.
241
243
243
226
225
240
G. C. Murphy Co.:
1,419
Sales
thous. of dolls.. 1,803
1,563
1, 130
1,629
1,361
1,620
2, 855
1,223
1,314
Stores operated
number.
173
174
179
175
175
176
176
178
177
178
Isaac Silver & Bros.:
534
Sales
.
thous. of dolls
601
596
541
997
347
417
364
551
40
39
39
Stores operated
number. .
40
38
35
34
33
38
* New series. For footnote, see p. 19 of the December 1932 iss ue
- Rev ised,
} Advertising) Ch iin-store sales revi sed for 1 932; coml >ined ind dx
t Revised series. For earlier data see p. 20 of thi? issue. ( Magazine
T.,1T- Tr
January 91, February 91, March 80, April 93, May 87, June 81 and^1 July
75




86

78

82

a 79

« 81

79

76

79

83

123
130

125
137

123
142

9,941
716

10, 305
718

9,407
719

4,978
231

4, S30
231

4, 929
231

2, 361
237

2, 55
230

5, 54 fi
227

1, 661
178

1,808
179

1, 804
179

527
32

511
32

1 249
74

M a y fc 7. Appt rel group:

27

SURVEY OF CURRENT BUSINESS

October 1933

Monthly statistics through December 1931, 1933
together with explanatory footnotes and references to the sources of the data, may be found
in the 1932 Annual Supplement to the Survey August

1933

1933

Decem- January FebruOctober NovemAugust September
ber
ber
ary

March

April

May

June

July

17, 511
1,929

20, 159
1,929

19, 801
1,931

19, 344
1,935

19, 583
1,937

74, 981 61, 056
15, 264
14, 996
495, 192 405, 660
99, 038 101, 415

61, 525
15, 381
397, 498
99, 375

79, 503
15, 901
507, 361
101, 472

63, 445
15, 861
382, 751
95, 688

DOMESTIC TRADE— Continued
RETAIL TRADE— Continued
Chain-store sales — Continued
Five-and-ten (variety) stores— Continued
F. W. Woolworth Co.:
Sales _
_ . thous. of dolls
Stores operated.
number-Grocery chains:
A. & P. Tea Co.:
Sales, value total-.
thous. of dolls__
Weekly average
thous. of dolls..
Sales, tonnage, total
tons..
Weekly average.. .
_ . tons..
Restaurant chains:
Total sales, 3 chains:
Sales
thous. of dolls
Stores operated
number..
Childs Co.:
Sales..
...
___thous. of dolls. .
Stores operated
_ .number .
J. R. Thompson Co.:
Sales _
thous. of dolls
Stores operated
number..
Waldorf System (Inc.):
Sales
thous. of dolls
Stores operated
*__
number-Other chains:
W. T. Grant & Co.:
Sales
thous. of dolls
Stores operated
number
J. C. Penney Co.:
Sales
thous. of dolls
Stores operated __
number
Department-store sales and stocks:
Sales, total value, adjusted
1923-25=100..
Sales, total value, unadjusted-1923-25=100_.
Atlanta
1923-25=100
Boston
1923-25=100..
Chicago
1923-25=100
Cleveland
1923-25=100
Dallas
1923-25=100
Kansas City
1923-25=100 .
Minneapolis
_
1923-25=100
New York
1923-25=100 .
Philadelphia*
1923-25-100
Richmond
1923-25=100
St. Louis
1923-25=100..
San Francisco
. 1923-25=100
Installment sales, New England dept. stores,
ratio to total sales
percent-Stocks, value, end of month:
Unadjusted
-1923-25=100
Adjusted .
1923-25=100.
Mail-order and store sales:
Total sales, 2 companies
thous. of dolls.
Montgomery Ward & Co.. thous. of dolls..
Sears, Roebuck & Co
thous. of dolls

20, 357
1, 936
78, 005
15, 201
458, 606
91, 721

18, 244
1,920

19, 463
1,925

22, 473
1,930

20, 216
1,932

33, 099
1,932

15, 845
1,927

16, 245
1,927

79, 317 63, 625 66, 530 62, 849 79, 616 57, 235 61, 102
15, 863 15, 906 16, 633 15, 712 15, 923 14, 309 15, 276
490, 487 391, 804 415, 659 395, 275 498, 470 371, 394 406, 156
98, 097 97, 951 103, 915 98, 819 99, 694 92, 849 101, 539

3,298
876

3,314
382

3,403
382

3,406
383

3,386
382

3,641
382

3, 425
381

3,081
381

3,290
382

3,201
381

3,173
379

3,012
376

3,045
373

1,191
103

1,268
107

1,311
107

1,350
106

1,445
105

1,554
105

1,431
105

1,278
105

1, 311
105

1,320
105

1,227
104

1,147
103

1,142
103

1,082
117

1,001
115

976
116

950
117

887
117

918
117

884
117

784
117

875
116

826
116

865
116

863
115

911
114

1, 025
156

1,045
160

1,116
159

1,106
160

1, 054
160

1,169
160

1,110
159

1,019
159

1,104
161

1,055
160

1,081
159

1,002
158

992
156

5,752
454

5, 055
434

5, 658
438

6,962
442

6,334
444

11, 368
445

4,270
446

4,491
449

5,137
451

6,277
451

6,553
451

6,512
452

5,784
454

14, 204
1,477

« 10, 747
1,472

13, 053
1,474

16, 752
1,477

15, 042
1,477

18, 942
1,476

8,688
1,473

8,460
1,474

10, 234
1,478

14, 592
1,478

14, 433
1,478

14, 617
1,478

13, 564
1,478

« 59
60
56
61
62
61
60
56
61
50
67
58
76

65
49
53
48
50
44
47
50
50
56
42
55
47
75

68
71
65
75
69
55
72
73
72
80
53
77
71
73

69
75
75
80
71
61
77
71
62
95
74
94
68
79

63
73
63
76
65
57
68
64
56
91
66
86
67
68

60
106
96
115
100
90
99
96
85
134
101
137
92
121

60
49
43
50
49
41
42
44
40
56
44
54
43
54

60
49
48
43
46
41
45
45
37
54
40
51
42
52

57
50
49
51
50
42
53
53
56
65
49
61
47
59

67
68
59
64
63
64
62
62
66
78
60
78
60
68

67
67
66
69
68
61
65
63
60
76
59
81
60
73

68
64
54
65
66
58
54
57
55
77
58
74
57
66

«70
49
46

a 44
40
49
39
51
42
67

a 46
a 48

45
a 44

9.6

9.3

9.9

7.3

4.1

6.2

7.1

6.3

5.3

6.9

5.7

7.9

62
64

59
61

63
60

67
61

69
61

56
60

52
58

54
57

55
54

55
53

56
55

56
57

56
60

40, 327
15, 657
24, 670

33, 777
12, 988
20, 789

39, 156
14, 638
24, 518

45, 423
19, 805
25, 618

41, 281
16, 552
24, 729

51, 556
21, 055
30, 501

26, 958
10, 100
16, 858

26, 176
10, 114
16, 062

27, 554
11,211
16, 343

35, 365
15, 574
19, 791

37, 778
15, 103
22, 675

38, 986
16, 165
22, 821

33, 566
13, 615
19, 951

60.0
43.7
38.4
35.3
63 2
78.9
80.8
76.8
80.2
53.2
76.4
77 8
70.9
35.3
44.5
47.9
79.4
60.2
66.6
40.8
73.0
75.7
66.1
64.2
43.7
47.8
39.7
53.4
60.6
42.6
37.6
34.2
62 3
80.3
82.1
76.9

64.1
48.4
44 1
39 1
69 4
79.4
85.0
78 1
81.9
58.1
79 6
80 1
77.9
39.9
48.0
53.5
80.9
68.1
76.4
43.2
79.9
85.8
64.9
66.4
44.6
51.6
38.4
53.8
64.8
46.8
42 1
37.5
67 7
82.3
86.7
77.4

68.9
51.8
47 6
43.7
70 3
84.0
92.3
78 1
83.1
65.3
85 4
86 0
83.0
44.0
51.8
59.5
82.5
77.0
86.0
50.0
85.7
94.1
64.7
65.6
49.2
58.4
41.4
58.7
70.1
51.6
45.2
42.4
73 3
87.5
95.6
76.4

EMPLOYMENT CONDITIONS AND WAGES
EMPLOYMENT
61.5
60.9
62.0
73.4
58.6
Factory, unadjusted (F.J2.B.)..1923-25=100.Cement, clay, and glass
1923-25=100..
42.1
43.4
44.9
55.8
44.6
42.4
44.3
Cement
1923-25=100..
50.4
39.2
43.3
38.5
39.4
39.0
47.2
Clay products
1923-25 = 100
38.0
56.0
57.0
Glass
. .
1923-25=100
53.4
76 0
51.8
75.1
75.5
Chemicals and products..
1923-25=100..
72.2
74.0
89.9
76.9
79.4
75.7
Chemicals and drugs
1923-25=100.. 100.7
80.1
74 6
74.3
Petroleum refining - . „ 1923-25=100
76.6
79 7
75.8
83.8
85.0
82.9
80.7
Food products
1923-25 = 100..
89.3
53.3
50.4
51.7
53.6
Iron and steel
1923-25=100..
72.7
79.0
72.7
78.0
88 7
76.1
Leather and products
_
1923-25=100
81.7
73 4
Boots and shoes
1923-25—100
88 7
79.4
81.1
67.9
Leather
1923-25=100 .
69.6
88.6
62.6
65.0
39.0
38.1
37.7
47.6
36.4
Lumber and products
1923-25=100..
45.9
45.8
46.4
Machinery
_ ..1923-25= 100..
46.0
57.1
47.1
48.4
Metals, nonferrous
1923-25=100 _
65.4
45.8
46.6
82.2
80.9
82.3
79.3
Paper and printing
1923-25=100..
86.9
60.2
60.5
61.2
83.3
63.6
Rubber products
1923-25=100 .
62.9
62.7
Auto tires and tubes
1923-25=100..
91.6
66.3
63.3
55.2
53.3
58 4
50.7
56.6
Boots and shoes
.1923-25=100
75.7
73.1
62.3
71.9
Textiles and products
1923-25=100 _
87.8
75.2
96.4
76.2
63.8
Fabrics
... 1923 -25 =100..
72.6
70.3
74.4
67.8
66.4
58.4
Wearing apparel
1923-25=100 _
69.9
71.9
72.7
Tobacco manufactures
1923-25= 100..
67. 6
68.3
43.1
41.3
45.1
43.3
Transportation equipment
1923-25= 100..
51.7
37.3
44.3
40.5
60.9
50.8
Automobiles
1923-25=100..
42.1
43.4
Car building and repairing. .1923-25= 100 ._
40.1
43.7
38.7
66.9
64.5
63.4
62.4
64.5
Shipbuilding.
1923-25=100..
61.2
Factory, adjusted (F.E.B.)
1923-25=10060.3
73.3
58.8
61.1
41.9
43.8
44.3
53.9
40.5
Cement, clay, and glass
1923-25 = 100..
41.1
46 9
41.8
Cement
1923-25=100
36.4
42.6
37.3
39 0
36.4
38.8
Clay products
., . . 1923-25=100 .
45.3
54.4
51.1
51.6
Glass
1923-25=100
74 9
56 0
73.7
75.2
92.4
74.9
Chemicals and products
1923-25=100..
74.0
77.0
78.6
Chemicals and drugs
1923-25=100..
103.3
77.6
78.6
75.2
74.7
74.4
75.0
Petroleum refining
1923-25=100..
78.3
* New series. For earlier data see p. 20 of the December 1932 issue.




59.6
41.4
34.0
36.1
56.2
75.4
79.6
75.4
81.5
52.1
70.0
70 3
68.6
36.6
46.0
46.8
81.6
61.8
62.2
60.3
71.1
74.1
63.4
68.8
44.8
45.2
42.7
62.4
60.6
42.6
35.3
37.1
57.7
75.2
78.3
76.3

58.1
36.7
31.0
30.4
52.2
76.2
80.2
75.0
78.6
49.6
73.3
74.6
68.1
33.8
44.0
44.4
80.2
59.1
61.3
52.7
69.6
72.8
61.7
60.4
46.1
50.4
41.3
60.9
59.4
39.4
34.0
32.8
55.7
76.4
79.7
76.4

59.2
37.8
30.7
31.4
54.4
77.3
80.5
75.7
78.4
51.8
77.3
79.2
69.6
33.4
44.4
45.3
80.1
59.4
62.5
50.4
72.3
73.7
69.0
63.4
45.1
49.6
40.6
57.1
59.4
39.9
33.8
33.4
56 0
76.4
78.9
76.7

56.7
57.8
38.1
40.5
31.0
36.7
31.2
32.5
55.6
58.6
78.2
82.4
80.1
78.8
75.8
75.9
78.2
76.9
49.1
50.6
76.6
75.0
78.8
77.7
67.8
63.9
31.8
32.8
42.8
43.1
42.3
44.4
78.4
78.7
57.0
57.1
60.4
60.6
46.4
46.7
67.7
69.7
68.1
69.6
69.8
66.7
57.6
56.3
42.5
41.4
44.4
43.9
40.3
38.5
54.1
49.8
56.6
57.7
40.2
38.9
33.1
37 3
32.1
32.2
55 3
57 8
77.6
75.6
78.1
79.1
75.9
76.6
*Revised.

28

SURVEY OF CURRENT BUSINESS

Monthly statistics through December 1931, 1933
together with explanatory footnotes and references to the sources of the data, may be found
in the 1932 Annual Supplement to the Survey August

1933

1932

DecemAugust S
j » October November
ber

January

Febru-

ary

March

April

May

June

July

EMPLOYMENT CONDITIONS AND WAGES— Continued
EMPLOYMENT— Continued
|
Factory, adjusted (F.R.B.)— Continued
81.0
81.8
81.3
80.7
Food products
- 1923-25=100—
89.7
51.3
53.2
50.6
73.2
53.8
Iron and steel
1923-25=100—
74.9
74. 0
76.1
73.2
86.4
Leather and manufactures
1923-25 = 100—
74.1
76.7
77.3
78.1
85.7
Boots and shoes
1923-25=10065.0
67.9
Leather
1923-25=100 62.9
69.1
89.0
36.6
46.6
35.7
37.6
37.3
Lumber and products
1923-25=100..
46.4
46.0
46. 1
46.6
57.1
Machinery
—1923-25 = 10047.2
66.1
46.4
47.8
48.9
Metals nonferrous
1923-25=100—
88.1
80. 4
Paper and printing
1923-25=100—
81.1
82.0
81.1
58.6
60.7
81.9
62.7
63.7
Rubber products
1923-25=100—
6-1.4
64.0
67.0
89.0
A.uto tires and tubes - - _ 1923-25 =100..
61. 6
49.4
51.0
60.5
57.2
53.6
Boots and shoes
— — 1923-25 =10072.2
91.2
74.3
72.3
64.8
Textiles and products.
1923-25=100—
99.8
66.1
73.6
75.5
73.9
Fabrics
1923-25=10071.2
69.6
68. 6
68.9
W earing apparel
1923-25=100—
61.5
67.7
67.9
68.3
68.3
68.6
Tobacco manufactures
—1923-25=100—
51.4
44.8
42.8
41.4
45.6
Transportation equipment
1923-25 = 100 —
59.7
49.8
43.0
37.3
45. 6
Automobiles
1923-25 = 100—
43.5
40.0
41.9
38.6
43.6
Car building and repairing. .1923-25 = 10068.2
69.2
70.7
87.6
65.0
Shipbuilding
1923-25=100Factory, by cities and States:
Cities:
'76.8
67.1
64.7
« 65. 1
66.6
Baltimore*
.1929-31 = 10064.0
53.4
53.3
53. 0
51.8
Chicago*
1925-27=10065.2
83.6
66.7
65.1
65.6
Cleveland
Jan. 1921 = 100..
64.7
29.2
37.4
42.0
39.3
Detroit
..... 1923-25 = 100..
76.6
55.4
53.7
55.4
55.7
Milwaukee *
1925-27=10063.4
61.6
55.3
59. 6
59.5
New York
.1925-27 = 100.,
72. 9
64.2
58.3
61.3
63.3
Philadelphia!
- .1923-25=100States:
94.2
68.8
71.6
72.2
72.8
Delawaref
1923-25=100—
54.4
67.9
53.5
54.5
53.5
Illinois
.1925-27=100..
95.3
91.5
94.0
95.1
93.5
Iowa
1923=100—
73.2
64.7
56.6
62.2
61.4
Massachusetts*
1925-27 = 100—
84.0
66.5
68.9
71.0
69.9
Maryland*
1929-31 = 100..
74.9
63.4
66.2
66.0
65. 5
NewJerseyf
1923-25=100..
65.7
54.4
59.5
57.8
58.9
New York
1925-27 = 10079.9
61.4
59.3
60.3
Ohio
.—1926 = 100—
61.5
73.4
59.6
65.6
63.6
65.2
Pennsylvania!
1923-25=100..
77.5
60.2
60.5
61.1
60.1
Wisconsin
1925-27=100.Nonmanufacturing (Dept. of Labor):
Mining:
47.7
63.9
49.2
55.8
62.7
Anthracite...
1929=10068.6
67.0
59.4
62.4
69.4
Bituminous coal
1929=100—
36.8
30.5
28.6
31.9
29.3
Metalliferous
1929=100—
60.8
57.4
56.8
56.2
56.5
Petroleum, crude production.. .1929 =10051.6
52.4
52.4
49.4
51.1
Quarrying and nonmetallic
1929=100Public utilities:
69.5
74.1
72.3
73.5
71.8
Electric railroads
1929=100..
78.1
81.5
79.9
81.0
79.1
Power light and water
1929=100
68.1
76.2
78.1
77.4
75.5
Telephone and telegraph..
1929=100Trade:
81.3
78.1
72.6
77.8
81.7
Retail
1929=10079.7
76.4
77.8
77.1
77.6
Wholesale
1929=100
Miscellaneous:
98.5
98.7
98.7
98.6
98.2
Banks, brokerage houses, etc.*._1929=100112.7
99.0
125.3
81.1
50.5
Canning and preserving
1929=100
83.1
79.5
83.3
82.3
Dyeing and cleaning*
1929=10078.0
75.4
77.1
77.6
77.0
74.3
Hotels
1929=10077.9
77.5
76.2
78.9
78.6
Laundries*...
—
1929=100..
Miscellaneous data:
27.6
35.7
30.4
37.9
40.8
Construction employment, Ohio.. 1926=100—
Farm employees, hired, average per farm
.89
number
1.01
1.09
.77
Federal and State highway employment,
329, 813 333, 403 374. 405 373, 246 371, 667
total*
number
Construction*
number— 171,576 182, 201 219,277 214, 427 210, 939
Maintenance*
.number. _ 158, 237 151, 202 155, 128 158, 819 160, 728
Federal civilian employees:
611,010 610,948 608, 488 607, 904
United States* . .
number..
66, 974
67, 070
67, 259
66, 388
Washington
number..
1,033
1,031
996
1,010
1,013
Railroad employees, class I
thousands..
Trade-union members employed:
69
67
69
68
68
All trades
percent of total—
35
34
35
36
33
Building trades*.. .
percent of total..
54
55
54
54
58
Metal trades*
percent of total
81
80
80
78
78
Printing trades* .
percent of total —
82
81
78
80
81
\11 other trades*
percent of total .
46
47
49
46
45
On full time, all trades ...percent of total—
LABOR CONDITIONS
Factory operations, proportion of full time
85
86
85
92
83
worked, total
percent-91
91
93
90
90
Chemicals and products.
percent-94
95
95
94
94
Food products
percent-84
95
87
86
80
Leather and products
percent-79
74
78
76
91
Lumber and products
.percent-Metal products:
68
73
67
70
85
Iron and steel.,
percent..
78
80
80
86
73
Other... _
.
percent-87
86
94
86
83
Paper and printing
percent-79
79
80
78
91
Stone, clay, andglass..
percent94
92
88
93
97
Textile products
percent-80
79
79
78
86
Tobacco products,
percent-82
78
78
81
91
Transportation equipment
percent. _
69
73
78
93
70
Automobiles
percent-Hours of work per week in factories:*
32.2
34.9
36.5
36.5
38.8
Actual, avg. per wage earner
„ hours—
* New series. For earlier data see p. 20 of the October 1932 issue (hours of work) and
(employment). Data for Massachusetts subsequently revised for 1931, 1932, and 1933. See p.
I Revised series. For earlier data see p. 19 of the September 1933 issue.




October 1933

80.0
52.8
72.0
72.9
68.3
36.8
46.4
47.4
80.2
63.2
65.4
56.3
70.4
72.9
64.0
67.7
47.4
51.6
42. S
62.4

79.6
50.6
72.9
74.4
66. 9
35.0
44.5
44.8
79.6
59. 7
62.6
51.2
69.2
72.2
61.5
64. 9
47.4
53. 3
42.0
59.1

79.2
51.4
75.6
77.5
67.5
34.4
44.2
44.4
79.9
59.1
62.3
49.6
70.4
72.2
66.1
64.1
45.0
48.9
41. 1
54.1

78.4
48.3
75.7
78.0
65.2
32.5
42,2
41.0
78.5
56.6
59.7
47.3
65.4
66.9
61.9
57.8
41.7
41.9
40. 5
50.9

81.2
50.0
76.4
79.3
64.4
33.3
42.6
43.4
78.8
56.7
59.6
47.9
68.5
69.2
66.8
57.5
40.1
41.5
38.3
47.0

82.6
52.5
79.7
81.4
72.6
35.7
44.2
47.4
79.9
59,7
65.3
42.9
73.4
75. 9
67.4
65.4
41.9
43.8
39.4
52.1

82.3
58.1
83.9
84.7
80.3
40.0
47.7
53.6
81.6
67.8
75.0
46.2
81.6
86.7
68.7
66. 9
43.9
50.3
38.2
53.2

83. 6
66.3
85.7
86.0
84.6
43.8
51.7
60.3
83.4
76.4
84.4
52.4
90.3
97.6
71.9
67.3
49.3
58.8
41.2
60.1

64.9
49.8
66. 6
48,0
54. 4
57.9
GO. 9

61.2
49.2
66.6
28.8
53.7
55.8
58. 8

63.5
49.7
66.8
49.2
54.1
58.0
58.9

60.5
48.2
61.7
41.8
54.3
56.3
57.1

64.3
49.3
65.3
50.0
57.4
57.8
57.8

63.6
51.1
68.8
52.5
61.0
58.4
60.9

64.8
53.4
73.9
60.7
68.2
59.1
64.1

71.1
56.7
78.6
62.8
71.9
59.2
66.6

74.2
51.7
92.6
59.1
69.4
65.2
57.1
60.7
63.3
58.8

74.1
50.7
85.6
58.1
65.4
62.2
55.4
60.6
60.3
57.3

75.2
52.1
88.2
60.3
67.5
63.4
56.3
61.5
61.8
58.8

72.1
50.8
83.2
56.2
64.3
60.9
53.7
57.2
58.8
58.6

70.3
51.7
83.7
56.4
67.5
60.8
55.3
60.5
59.0
60.8

73.8
53.6
86.4
58.5
68.3
63.7
57.1
65.7
62.6
63.3

80.0
57.2
90.5
62.9
71.0
67.3
59.5
72.5
65.5
69.5

87.9
60.9
93.0
69. 0
78.9
70.4
62.2
o76.4
68.2
75.9

62.3
70.0
33.3
57.2
42.3

52. 5
69.8
32.4
57.2
35.1

58.7
69.3
31.5
57.0
34.8

54.6
67.6
30.0
56.5
35.1

51.6
63.7
29.4
56.8
39.3

43.2
61.2
30.0
56.9
43.4

39.5
61.3
31.5
58.0
47.3

43.8
63.2
33.0
59.5
49.5

71.4
78.4
74.8

70.6
77.7
74.6

70.4
77.4
73.9

69.8
76.9
73.2

69.5
76.9
72.3

69.1
76.9
70.1

69.3
77. 3
69.2

69.4
77.5
68.5

95.2
77.0

76.9
75.3

73.4
74.1

71.4
73.1

78.6
73.3

77.0
74 0

78.3
75.7

74.6
76.9

98.0
33,7
75.2
73.2
75.9

97.6
34.1
73.0
73.8
75.4

97.0
35 1
70.9
73.8
74.4

96.8
33.2
71.2
72.4
73.0

96.3
49.2
81.1
71.9
73.4

96.4
45.5
82.0
71.9
73.5

97.4
55.6
85.6
73.6
76.0

97.8
76.6
82.9
75.6
76.3

24.8

23.9

21.3

20.1

22.1

24.0

26.9

26.8

.72

.74

.69

.79

.86

.96

1.01

290, 465
150, 479
139, 986

266, 443
115, 404
151, 039

255, 256
114, 567
140, 689

279, 213
133, 595
145, 618

299, 882
162, 816
137, 066

330, 138
187, 371
142, 767

359, 605
206, 664
152,941

332, 277
190, 633
141, 644

600, 943
66, 302
994

599, 990
66, 800
960

600, 311
66, 802
956

603, 818
67, 557
934

605, 554
67, 063
939

610, 652
66, 560
952

601, 944
65, 437
973

591, 186
65, 991
1,005

66
31
54
80
79
44

65
30
53
80
78
45

66
29
50
78
79
46

66
28
51
78
78
44

67
29
51
78
80
46

67
31
53
77
80
47

69
33
55
77
81
48

69
33
55
77
81
48

84
90
93
80
73

84
89
94
86
73

85
90
93
90
77

84
89
92
88
77

86
92
94
88
82

88
94
95
90
84

90
95
94
92
87

91
95
95
94
89

68
80
85
78
90
82
84
80

70
78
86
85
89
80
87
85

72
77
88
83
90
79
86
82

70
73
87
83
87
78
83
76

73
76
88
84
90
83
90
90

77
81
89
87
93
83
89
88

82
85
91
89
96
84
90
92

85
86
92
89
96
85
90
90

35.4
34.9
35.2
32.2
33.8
37.4
41.2
42.6
p. 18 of the December 1932 issue and pp. 19 and 20 of the June 1933 issue
19 of the August 1933 issue.
° Revised.

SURVEY OF CURRENT BUSINESS

October 1933
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

29

1933 |

1933

k
AU^JSI ^
5

\'J£.OiSi

November

'*'£?"'

January

ebruary

March

April

May

June

July

EMPLOYMENT CONDITIONS AND WAGES—Continued
LABOR CONDITIONS-Continued
Labor disputes: |
Disputes
~
number ..
Man-days lost
number
Workers involved
numbor
Labor turnover (quarterly):*
Accessions
percent of no. on pay rolL_
Separations:
Discharged
percent of no. on pay roll
Laid-oli
...percent of no. on pay rolL.
Voluntary quits
percent of no. on pay roll..

38
754 423
27 717

PAY ROLLS
Factory, unadjusted (F.^.S.)-. .1923-25=100Cement, clay, and glass. _ „
1923-25=100..
Cement
1923-25 = 100..
Clay products
1923-25=100
Glass
.... -1923-25 ==100
Chemicals and products
.1923-25=100..
Chemicals and drugs
1923-25=100 .
Petroleum refining
1923-25=100
Food products
- - -1923-25=100
Iron and steel
1923-25=* 100—
Leather and products
_ 1923-25—100
Boots and shoes
..__1923-25=100—
Leather
. 1923-25=100
Lumber and products
.,1923-25 =100..
Machinery
1923-25=100
Metals, nonferrous
1923-25=100 .
Paper and printing
. 1923-25 = 100
Rubber products
1923-25=100 .
Auto tires and tubes...
..1923-25=100—
Boots and shoes.. „_
1923-25=100—
Textiles and products..—
1923-25=100..
Fabrics
1923-25=100
Wearing apparel
.1923-25 = 100—
Tobacco manufactures
. _ .1923-25=100
Transportation equipment
1923-25=100—
Automobiles
1923-25-- 100
Car building and repairing. .1923-25= 100—
Shipbuilding
. . .1923-25=100 _
Factory by cities:
Baltimore*
1929-31=-- 100 .
Chicago*—.
1925-27 = 100..
Milwaukee*
1925-27=100
New York *...
1925-27 =100...
Philadelphia f
1923-25=100
Factory, by States:
Delaware!
1923-25=100
Illinois.
1925-27 = 100..
Maryland *
1929-31 = 100..
Massachusetts *
.
1925-27 = 100 „
New Jersey f
1923-25=100..
New York
. .1925-27 = 100
Pennsylvania t
1923-25 = 100 ..
Wisconsin
1925-27 = 100
Nonmanufacturing (Department of Labor) :
Mining:
Anthracite
1929—100
Bituminous coal
1929 = 100..
Metalliferous
1929—100
Petroleum, crude production... 1929 = 100. _
Quarrying and nomnetallic
1929 =100. .
Public utilities:
Electric railroads
1929—100
Power, light, and water
1929=100..
Telephone and telegraph
1929=100...
Trade:
Retail
1929-100
Wholesale
1929=100
Miscellaneous:
Banks, brokerage bouses, etc.*..1929 = 100—
Canning and preserving
1929 = 100..
Dyeing and cleaning *
1929=100
Hotels
.
1929=100_~
Laundries*
.1929=100

33
566 045
7 456

23
l-d'7 059
o 321

91

68 154
l' 8%

12
40 4Q°
' ^97

29
240 9 '2
8 790

39
10"' Qr;0
0 7' '•''

41
445 771
19 704

46
535 ()<:t9
19 807

Q

Q
°49
132
63
603
7°3 "537 983 2 143 085
a
!6 534 099 41^
110 032

12.55

10 50

8 50

20 86

45
10. 78

43
8. 75

10 14

52
4 46

2 10

1 77

1 56

2 23

i
r- ":
oo.
7
34. 6
hi. 6
°) 3

4.>. 9
48 2
43. 9
52 5
30.4
49. 5

259
67 i
41.5
43. 0
35. 7
42.3
42, 1
42.6
49 4
31.6
32 7
28.6
53.6

42.1
21.C
26. 3
H4
35 8
59.8
58 -i
GO 3
70 8
23. 4
54 5
65. 2
59 •}
20 9
27 0
30 3
70 0
36 4
85. 6
39. 9
53.1
51 7
56.0
51 0
27.3
22 2
28.9
52 4

05 9
39.5
52 0
50. 5
54 8

45. 9
31.6
30. 1
45.8
39.8

47.2
32. 0
32 2
51.3
44 4

48.7
31.4
34 1
51.6
47 3

46 0
28.5
34 3
48.0
44 7

46 0
2.8.3
31 6
46.2
42 6

42 5
28. 4
30 2
44.0
39 6

42 5
28.6
30 3
45.1
40 1

41 4
25.7
27 7
43.7
37 5

44 3
26.4
34 8
46.0
37 9

46.9
29.3
38 7
45.6
41 8

50 9
32.2
45 8
46.5
45 3

58 1
35.2
47 7
47.4
48 0

64 9
42. 0
07.8
57. 3
57.5
51.0
53. 0
53.3

47.3
<U. 0
o-47. 6
40.8
48.0
41.2
34.8
35 3

50 7
32.2
49.3
46.2
51.4
44 9
37. 6
37 0

50 9
32 5
5L2
47.3
52.0
46 4
40.6
39 3

49 4
30. 1
48.9
43.5
49. 6
44 2
39 1
38 2

52 2
29.1
48.4
41.8
49.6
42 6
37.4
35 0

49 6
28.5
44.7
39.7
46.2
40 1
33 7
32 5

51 4
29.6
45.7
42.3
47.5
40 7
34 8
34 0

47 0
27.2
44.0
37.2
43. 5
38 4
32 5
32 6

45- 0
28.2
45.9
38.0
45.2
40 1
33.4
36 4

51 2
31.3
49.1
42.2
48.1
42.4
37.6
40.6

56 9
35.4
53.1
47.0
52.1
45 1
42.0
46 8

66 0
37.9
60.5
53.0
54.4
48 0
45.3
49 2

46 6
43. 3
21 9
42.5
29.9

41 4
26. 4
16 5
42.9
29.7

47 0
30.2
17 0
41,9
30.5

66 7
37.8
18 0
42.5
30.1

51 0
38.0
18 7
42.4
27.1

56 2
37.7
18 7
41.7
22.1

43 2
36.1
18 1
39.9
18.1

56 8
37.2
17 8
41.7
17.4

48 8
30.7
17 4
42.5
17.8

37 4
26.6
16 4
40.1
20.2

30 0
26.9
17 0
41.6
23.8

34 3
29.2
18 3
40.6
27.5

38 2
33.6
19 0
42.2
28.4

58.2
70.9
66.1

63. 8
76.7
79.1

62 5
74.7
75.9

61.5
74.4
75.7

61 7
73.2
74.3

61 9
73.2
73. 5

60 9
73.0
71.7

60 6
71.6
71.9

59 4
71.9
71.6

58 1
69.4
67.8

58 2
69.9
68.5

58 0
69.9
66.6

57 4
70.0
66.7

62 7
60.8

60 7
63.2

64 6
63 1

67 1
63.9

66 9
63 3

73 6
62.6

62 7
61.7

58 4
58.6

55 1
57 1

60 4
56 0

59.5
57.4

60 5
57.3

58 1
59.1

84.7
68.3
52.8
54.0
57.6

88.5
65.6
56.3
59.6
63. 9

87.3
75.1
61 0
59. 1
62 9

86. 5
51.8
58 8
58.6
61.2

86.0
34.4
52 3
57.5
59 1

85.7
25.6
48 4
56.6
58.7

85.5
24.8
46 6
55.7
57 9

84.7
25.9
42 4
55.9
55 5

84.1
24.2
41 0
53.5
52 9

83.3
33.5
54 6
51.7
54.0

83.6
31.8
53.9
51.8
54.5

84.7
36.7
56.7
52.3
56.7

85.2
46.2
52.8
53.3
56.1

\
1
i
.
-

72.2
79 i
00 7
71 7
5/ 7

f>8 i

68 2
67 {)

>;' » ' 3

I
0.'. 7 ,1
75 ! \
28. 9 •»
38 9 ?
50. ! i
70 8 1
(51. -1

or.. 4

iii

40.1
23. 9
25. 1
17 6
35 9
60. 0

<

M-7
52. 4
49 0
19. 3
27 1

43.5
25. 4
27. 0
20 0
38 7
60.7
61 9
63 3
7" 9

38,1
42. 4
55. 6
65 2
56.3
52 6
29.1
23 3
31. 4
53 4

41,8
40.9
25.7 1 23.3
21 8
18.4
1Q 0
17 5
37*8
39 5
60, 9
59. 8
62 3
60 5
03 1
62 8
67 0
66 1
25, 6
24.2
43 8
42 0
40. 7
38.7
53 9
55 0
20.9
18.8
27 4
28 0
30 1
31 9
70 2
69 8
38 6
39 8
36.1
36.7
48.3
52.2
49.4
40. 4
51 9
50 1
44.2
39.1
52 4
50 4
33.8
31.9
32 0
27 6
33.7
33.5
52 4
48 8

39.2
20. 2
1.6. 1
13 4
?>6 0
60.7
60 6
64 6
64 1
22.7
43 7
41.7
50 9
16.3
26 0
27 5
67 0
35 4
34. 8
38.0
44.2
46 0
39.2
38 3
34. 0
36 3
30.8
46 6

40.0
20.9
16.0
14 3
37 3
60. 8
61 1
34 3
62 7
24.7
50 0
49. 0
53 9
16. 3
90 3
27 &•
65 8
35 8
35.7
36.3
48.2
48 4
47. 7
40 2
32.1
32 2
30. 8
44 2

35.9
20.6
16.4
13 8
36 7
60.4
59 8
64 5
59 8
22.4
47 1
46.2
50 3
14.3
94 o
25 1
63 3
31 1
31.7
28.6
41.3
40 8
42. 4
38 0
29.2
27 0
29.9
40 3

63 8
62 6
24,4
45 9
46.0
45 4
15. 6
247 4
2 4
59 4
34 2
35.2
30.2
45.2
43 0
49.8
35 9
30.6
32 3
28.6
37 4

*V 0
54.6
22 4
32 2
71 7

33 y

38.6
22. 0
18.3?
14 '
39 9
&).8
58 4

42.0
25.1
21.2
15 9

29.5
50 8
49.2
56 6
18.0
27 4
34 5
64 9
40 2
49.0
34.7
46.8
50 1
40.1
45 5
35.3
40 4
30.6
40 3

46.2
29.1
25.1
18 8
52 1
64.6
66 9
60 3
66 3
36.2
57 4
54.9
66 4
21. 7
32 0
41 4
66 6
57 3
62.0
38.4
53.6
60 5
39^4
47 3
36.0
43 2
29.8
40 3

49.9
30.2
27.6
21 2
49 8
67.9
72 6
66 1
68 2
42.4
64 2
62.2
71 4
24.6
35 7
46 5
67 8
65 2
69.7
47.3
58.9
67 2
41.9
47 3
38.3
46 1
31.4
44 9

45 q
01.9
02 0
05 1
04 8

WAGES— EARNINGS AND RATES
Factory, weekly earnings (25 industries):*
16.71
19.15
16.84
16.21
15.39
18.49
19.25
15.35
16.23
16.37
14.56
All wage earners
dollars..
16.86
16.13
Male:
18.94
17. 75
21.99
19. 25
19.40
21.18
22.16
18. 58
18. 55
18.83
18.67
Skilled and semiskilled
dollars..
17.51
16. 54
14.42
13.30
15.83
16.48
16. 17
14. 35
13.89
13.92
13. 13
14.20
13.66
12.27
13. 94
Unskilled
dollars..
11.03
12.93
12.22
11. 86
10.09
12.30
13.83
11.70
10.97
9.93
Female
dollars _
10.60
11. 56
10.96
62.8
69.5
72.0
57.7
72.3
63.4
60.9
57.8
54.7
61.0
63.3
61.5
60.6
All wage earners
— 1923 =100. .
Male:
61.5
71.4
57.6
60.3
60.2
53.7
68.8
62.5
63.0
60.6
Skilled and semiskilled
1923 = 100. .
71.9
56.9
61.1
64.7
74.0
64. 4
55.1
71.1
58.9
62.6
63.7
62.3
59.7
72.6
62.5
Unskilled
...1923 = 100-.
61.3
64.0
71.3
80.2
58.5
75.0
67.9
67.1
63.6
57.6
61.5
70.9
68.8
63.6
Female
1923 = 100—
Factory, av. hourly earnings (25 industries) :
.453
.460
.452
.479
.455
.487
.468
.467
.468
.460
.497
.474
.464
All wage earners *
dollars-Male:
.522
.513
.
541
.530
.
527
.529
.521
.511
.549
.538
.527
.517
.560
Skilled and semiskilled *
-dollars-.368
.391
.392
.387
.380
.375
.373
.369
.375
.381
.377
.381
.409
Unskilled *
. . dollars..
.297
.322
.312
.294
.300
.303
.362
.306
.303
.299
.311
.305
.298
Female *
dollars-.
* New series. For earlier data see p. 20 of the October 1932 issue (weekly earnings and turnover r*te<0 -^rid n. 18 of the December 1932 issue (hourly earnings and Maryland and Massachusetts and Baltimore pay rolls). Data for Massachusetts subsequently revised for 1931,1932, and 1933. See p. 19 of the August 1933 issue. Other data
are on pp. 19 and 20 of the June 1933 issue.
« Revised.

t Data for 1932 revised. For revision of labor disputes for months January to May see p. 29 of the July 1933 issue, and p. 19 of the September 1933 issue (employment
http://fraser.stlouisfed.org/
and Davrolls).

Federal Reserve Bank of St. Louis

30

SURVEY OF CURRENT BUSINESS

Monthly statistics through December 1931, 1933
together with explanatory footnotes and references to the sources of the data, may be found
in the 1932 Annual Supplement to the Survey August

October 1933

1933

1933

Decem- January FebruAugust SeptemOctober November
ber
ber
ary

March

April

May

June

July

EMPLOYMENT CONDITIONS AND WAGES—Continued
WAGES— EARNINGS AND
Continued

RATES—

Factory, weekly earnings, by 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:
Farm wages, without board
(quarterly)
dolls, per month
Railroads, wages— _ . „ dolls, per hour__
Road-building wages, common labor: #
United States
__ _ .dolls, per hour__
East North Central
dolls, per hour..
East South Central
dolls, per hour..
Middle Atlantic
dolls, per hour
Mountain States..
dolls, per hour..
New England
dolls, per hour,.
Pacific States
dolls, per hour
South Atlantic
... .dolls, per hour..
West North Central
dolls, per hour—
West South Central
dolls, per hour..
Steel industry:
U.S. Steel Corporation
dolls, per hour..
Youngstown district percent base scale

72.8
67.8
78.1
84 7
77 G
74 9
66.2

.35
. 42
.20
.35
.43
. 37
.50
.23
.35
.28
.44

59.9
55.6

74.4
64. 4
73.1
86 8
77 9
62.5
59.0

71.6
59. 7
70.8
83 8
75. 1
59.5
58.7

73.7
60.5
70.8
84 1
74.7
59. 1
55.7

70.2
60.2
68.3
82 2
72.4
55.7
53.1

71 7
61.9
70.1
g9. 7
72 3
56 8
54. 1

68 3
57.4
66.2
78 9
71*6
55 7
52. 1

67 2
59 1
67.4
82 0
72 6
57 6
53.9

72 8
63 1
72,1
83 4
74 2
61 9
58.5

74 7
66 9
74.7
85 4
75 8
66 9
62 2

.599

26. 36
.611

.608

.615

23.62
.614

.616

.631

22.98
.807

.els

.602

24 27
603

32
36
19
34
43
33
47
18
31
26

.32
.36
.19
.34
.44
.34
.47
.19
.34
.26

.32
.37
.19
.35
.44
.34
.48
.19
3^
!27

.32
.37
.20
.34
.44
.34
.48
.20
.32
.26

.32
.37
.20
.35
.44
.33
.48
.21
.34
.27

.32
.38
.20
.36
.43
.35
.50

.32
.39
.20
.35
.44
.33
.51
.21
.35
.28

.32
.40
.19
.36
.43
.34
.50
.21
.34
.27

.33
.41
.20
.43
.32
.^9
.22
.34
.27

.33
.39
.20
35
.43
.32
50
.22
.34
.28

.33
.39
20
35
.42
.33
49
.23
.34
.28

34
.41
20
35
.44
.35
51
.22
.35
.27

.38
94.0

.38
94.0

.38
94.0

.38
94.0

.38
94.0

.38
94.0

.38
94.0

.38
94.0

.38
94 0

.38
94 0

.38
04 o

94 0

72.0
61.7
72.0
83 8
75 8
58,0
55.0

72.9
63. 2
74.2
86 1

.'34

78 7
67 1
76.7
85 4
^7 o
68 8
61 9

a. 44

FINANCE
BANiCING
Acceptances and commercial paper outstanding683
720
707
681
710
704
699
694
Bankers' acceptances, total. -.mills, of dolls. .
671
669
697
687
738
Held by Federal Reserve banks:
2
1
4
2
4
3
3
2
307
For own account.
..mills, of dolls..
280
164
41
13
For foreign correspondents
32
43
39
49
40
41
30
mills, of dolls45
40
43
36
36
37
Held by group of accepting banks, total
655
604
573
574
626
605
325
261
404
mills, of dolls..
552
499
505
487
268
224
156
256
199
198
153
252
201
Own bills
mills, of dolls..
206
201
229
248
414
386
380
370
406
376
124
108
Purcnased bills ..
mills, of dolls
247
199
276
287
304
64
28
62
38
42
52
55
85
86
Held by others
mills, of dolls..
154
123
115
147
Commercial paper outstanding
85
110
110
108
81
84
72
113
64
mills, of dolls107
60
97
73
Agricultural loans outstanding:
102
95
92
88
98
117
87
86
85
Credit banks, intermediate.— mills, of dolls..
107
82
89
83
1,121
1,129
1,112
1,132
1,116
1,125
1,107
1,110
1 104
Land banks, Federal
mills, of dolls
1 102
1 103
1,105
1 101
415
454
409
404
399
420
460
395
Land banks, joint-stock
_ mills, of dolls. _
375
382
390
378
386
24, 466 22, 437 « 22, 062 22 624 25 486 29 712
25, 215 25, 931 25, 298 20, 750 26, 787
Bank debits, total
mills of dolls
25 451
31 232
9, 815 13, 967
12, 413
14, 163 12, 944
12, 036 « 12, 454
12,012
13, 458
16,743
New York City.
mills, of dolls— 13, 076
17, 354
13, 977
11, 767
12, ,354
10, 935 12, 820 12, 053 10, 401 « 9, 608
11, 757
10, 612
Outside New York City. ....mills, of dolls- 12, 375
12, 969
11, 509
13, 878
Brokers' loans:
Reported by New York Stock Exchange
380
338
359
347
311
322
916
325
«360
332
529
780
917
mills, of dolls..
1.42
1.52
1.52
1.56
1.39
1.56
1.20
1.63
2.50
1.19
2.15
2.80
1.83
Ratio to market value
percent..
By reporting New York member banks
394
425
362
353
454
512
418
345
635
764
mills of dolls
881
876
Federal Reserve banks:
Acceptance holdings. (See Acceptances.)
5,848
5,986
6,115
6,033
6,464
6,610
5,815
5,905
6,531
6,442
6,606
6,466
Assets, total
mills, of dolls—
6,607
Reserve bank credit outstanding
2,202
2,233
2, 145
2,077
2,572
2,227
2,794
2, 209
2,220
mills of dolls. _
2,459
2,297
2,331
2,218
33
35
31
34
33
336
305
34
20
9
7
48
Bills bought.-.
mills, of dolls171
332
235
309
328
274
582
426
433
302
164
167
435
153
Bills discounted .
mills, of dolls. _
1,854
1,851
1,852
1,855
1, 851
2,028
1,763
1,866
1,838
1,890
2, 129
1,837
1,998
United States securities.. mills, of dolls3,242
3,331
3,091
3,457
3,126
3,455
2,980
3,195
3,807
3, 793
3,633
3,813
Reserves, total
mills, of dolls3,820
3,049
2,893
3,250
3,256
2,952
3,543
3,003
3, 161
3,416
3,520
2,773
3,548
3, 588
Gold reserves
mills of dolls
5,848
5,986
6,115
6,033
6,464
6,610
6,606
5,815
5,905
2,544
6, 466
6, 531
Liabilities, total
mills, of dolls6,607
2.312
2,484
2,561
2, 554
2,394
2,236
2,133
2,241
2,446
2,380
2,494
6,442
Deposits, total
mills, of dolls..
2,675
2; 225
2,509
2,411
1,949
2,132
2,383
2,446
2,141
2,167
2,146
2,292
2,294
Member bank reserves... mills, of dolls.. 2,409
2,692
2,739
3,696
2,750
2,709
2,725
3,428
3,203
2,814
3,417
3,012
Notes in circulation
mills, of dolls..
2,988
3,094
59.3
68.0
62.6
62.9
62.6
Reserve ratio
percent...
58.9
62.0
61.1
65.5
55.3
68.2
67.4
68. 3
Federal Reserve member banks:
Deposits:
6
11, 745
11, 758 11,899
11,461
10, 593
11 127 &11
740 6 11 549 fc 11 261
10, 982 11, 229
212
Net demand
mills of dolls &11
b
6
b
5,668
5, 640
5,709
5, 656
5,648
5,288
5 565
5,633
5, 346 bb 5, 286
5 440
5 506
Time .
mills of dolls
6
b
f
8, 589
8,201
8, 585
8,507
8,559
8,196
8, 570 6 8,632
7,743
8, 927
Investments....
mills, of dolls. _ b 8, 776
- 8, 708
b
10,
413
10,
297
10,
166
&
9,
660
10,
706
10,
441
9,
627
9,
753
10,
796
Loans, total
mills, of dolls—
9, 808
9,715
9, 823
b
4,521
4,512
4,288
4, 315
b 4, 252 b 4, 267
4,259
4, 234
4,311
4, 308
4, 335
On securities. ...
mills, of dolls . bb 4, 328
6
b
5, 982
6,185
6,125
6,284
5,907
5,393
5, 408 * 5, 486
6,130
5, 407
5, 488
All other loans
mills of dolls
5 480
Interest rates and yield on securities:
3/4
%
Acceptances, bankers' prime
percent-%-Yz
fc-H
H
%
5/8
%-Vi
H
H-lH
M-H
Bond yields. (See Bonds.)
2.00
1.35
1.00
3.32
1.00
1.00
1.00
1.00
.98
2.00
1.37
1.00
1.00
Call loans, renewal
.
percent..
3
2-2 \i IH-2H
2-2*6
Com'l paper, prime (4-6 mos.)
percent-2-3 K
1^-2
2-2J4
1J4-1 /* 1H-1H
i}4
iK-iM
lH-4^
2.50
2.50
2.50
2.50
"3.50
2.50
2.50
<3.00
*2.50
2.50
2.50
2.50
2.50
Discount rate, N.Y.F.R. Bank
percent-5.58
5.58
5.58
5.58
5.58
5.58
5.58
5.58
5.58
5.58
5.58
5.00
5.58
Federal land bank loans
percent..
3.39
3.35
3.10
3.10
3.38
3.25
3.17
3 44
3.10
3.10
3.13
3.10
3.10
Intermediate credit bank loans
percent5.25
5.50
6.00
5.50
Real estate bonds long term
percent
Stock yields. (See Stocks.)
Time loans, 90 days
percenttt-lH
H
H-1H
1-lfc
l-i H
1-1M
fc
K
H-M
&-1
Savings deposits:
5,282
5,265
5,164
5,271
5,314
5,220
5,317
5,269
5,059
5,243
5,113
5,130
5,085
New York State..
mills, of dolls..
* New series. For earlier data see p. 18 of the December 1932 issue. Data for Massa# Beginning with March 1932, method of computing rates was changed.
chusetts subsequently revised for 1931-32-33. See p. 19 August 1933 issue.
« Revised.
' Rate changed June 23. 1932, Mar. 3, Apr. 7 and May 26, 1933."
t> Estimated for 101 cities on basis of report for 90 cities. Breakdown

» Figures incomplete due to bank holiday.
of loans revised April through Juno.



v^-%

m-m

m-iv* m-iH

m-3H

\M-iyi

VA-VA

SURVEY OF CURRENT BUSINESS

October 1933

31

1932
Monthly statistics through December 1931, to- 1933
gether with explanatory footnotes and references to the sources of the data, may be found
in the 1932 Annual Supplement to the Survey August August Septem- October Novem- Decem- January Februber
ber
ber
ary

1933
March

April

May

Juno

July

FINANCE—Continued
BANKING— Continued
Savings deposits— Continued
U.S. Postal Savings:
Balance to credit of depositors
thous. of dolls__ 1,177,626 847, 421 858,
Balance on deposit in banks
thous. of dolls. _ 949, 049 763, 262 771,

720

870, 823

884, 297

900, 796

942, 519 1,006,185

,112,715 1,158,416 1,178,788 "1,187,183 , 176, 795

219

783, 921

779, 971

792, 725

797, 169

852, 986

935, 987

974, 142

85
29, 513

67
13, 508

102
20, 092

93
43 319

161
70, 914

241
135,020

148
72 870

2 796

2 182

2 273

2 073

2 469

2 919

2 378

1 948

1 921

141
513

150
542

132
480

169
614

172
565

1 909

177
649

157
500

150
462

147
422

161
466

133
362

19
55
28
74

15
55
20
55

14
59
19
70

16
48
15
60

17
60
18
62

15
43
17

10
41
13
44

17
48
17
59

9
35
11
40

58
27

56
31

63
33

68
40

*>5
59
27

9
47
18
45

68
42

44
97

14
67
17
78

51
27

66
33

61
38

17
117

19
75

29
74

27
67

18
92

22
75

22
43

17
44

24
45

978, 286 '97(3, 377

958, 985

1 648

FAILURES
Bank suspensions:
Total
number..
Deposit liabilities—
thous. of dolls..
Commercial failures:
Total
number
Agents and brokers
number
Manufacturers, total
.- ..number
Chemicals, drugs, and paints, .number. .
Foodstuffs and tobacco . _ number
Leather and manufactures
number..
Lumber
number
Metals and machinery.
number
Printing and engraving
number
Stone, clay, and glass.—
.number..
Textiles
.number
Miscellaneous
number
Traders, total
number. .
Books and paper
number
Chemicals, drugs, and paints .. number __
Clothing
number
Food and tobacco
- ..- ..number
General stores
number
Household furnishings
.number..
Miscellaneous
.
_ .number
Liabilities total
thous. of dolls
Agents and brokers
— -thous, of dolls...
Manufacturers, total
thous. of dolls..
Chemicals, drugs, and paints
thous. of dolls..
Foodstuffs and tobacco. -thous. of dolls..
Leather and manufactures
thous. of dolls ._
Lumber
thous. of dolls..
Metals and machinery.. .thous. of dolls, .
Printing and engraving.-thous. of dolls..
Stone, clay, and glass thous. of dollsTextiles
- - thous. of dolls _
Miscellaneous
thous of dolls
Traders, total.
thous. of dolls..
Books and paper
thous. of dolls..
Chemicals, drugs, and paints
thous. of dolls. _
Clothing
thous. of dolls..
Foods and tobacco...
thous. of dolls .
General stores
thous. of dolls
Household furnishings.- .thous. of dolls. .
Miscellaneous
thous. of dolls

1 472
114
357
42
11
42
49
18
17
BO

451
61

387
46

224
272
51, 098
6,407
18, 737

212
245
47, 972
8, 074
19, 021

174
236
35, 345
4,420

13, 047

1 421
120
325
7
33
11
30
26
20
11
42
145
976
15
300
138
364
36
146
177
27,48!
5, 655
8, 282

739
1, 233

341
526

607
545

150
372

121
279

345
3, 342
2, 464
374
1,482
1,120
8, 467
32, 056
72

322
2,539
2,766
461
671
1, 463
7. 389
23, 204
90

421
3,618
2,867
1,410
975
951
7,628
25, 954
687

2, 542
5,098
1,726
1,271
904
5. 803
20, 877

311
2, 166
2, 179
678
1,118
948
5,125
17, 878
221

559
2, 285
858
420
436
6S9
2, 635
13, 544
223

1,806
6,224
5, 805
3, 600
9, 249
9.093

1,376
5,051
7,987
3,040
7, 324
7,206

1,277
3, 576
4,619
1,608
6, 378
5,656

4, 093
2,888
5,766

1, 366
2,741
4, 576

793
4,672
7,054

4, 421
6, 447

1, 103
2,432
5, 064
587
3. 331
5,140

882
1,401
3,971
446
2, 363
4, 258

16,917
6,136
1,402
4,734

16, 966
6, 110
1,394
4,716

16, 984
6,077
1,382
4,695

16, 981
6,033
1, 368
4,665

17, 020
6, 002
1,357
4,645

17, 047
5, 960
1, 343
4,617

17,030
5, 910
1,322
4, 588

17,107
5, 876
1,311
4, 565

6,224
1,378
1, 674
2,649
523

6, 231
1,400
1,670
2, 639

6,259
1,427
1,672
2, 637
523

6, 266
1, 447
1,670
2, 631

6, 275
1,465
1,666
2,627

522

6,238
1,406
1,671
2, 638
523

518

517

6,267
1, 466
1,665
2, 618
518

6, 293
1,494
1,669
2,613
517

6, 326
1,522
1, 671
2, 615
518

2,941

2,948

2,967

2,997

2,975

2,987

2, 987

2,970

2,965

934
14
681

1,047
12
776

996
14
747

1, 034
14
762

1,076
25
792
258
687, 776
43, 295
198, 046
446, 435
237, 338
22, 056
7,412
50, 987
156, 883

1,076
33
802
242
666, 095
42, 456
205, 780
417, 859
254, 831
36, 407
8, 252
54,025
156,147

490
209
47
57
177
1 54

483
195
50
56
182

229

189

197

177

232

203

219

64
179

1,970
29
133
404

1,528
24
131
317

1, 581
22
121
9
78

1,461
20
108
233

1, 686
17
151
334

2, 182
29
160
507

1, 721
Q
121
361

1,336
11
86
230

573
107

387
76

479
qg

428
93

461
123

495
169

450
107

351
96

400
69

15, 192

340
384
77 031
12, 666
27, 462

266
327
56 128
7, 345
22, 310

256
3'?7
52 870
7, 857
18, 897

250
329
53 621
6, 808
23,918

250
350
61 189
9,721
24, 577

412
410
79 101
11,433
30, 747

355
318
65 576
9, 157
24, 363

268
294
48, SCO
7,713
17, 583

650
764

354
1, 444

474
930

409
613

770
456

484
1, 061

287
797

5, 599
1,170

35
2, 652
2, 995
213
631
59]
6, 661
18, 217
320

2,222
3, 701
5,068
699
1, 230
4 614
8 130
36, 905
433

529
6.660
4,302
1,248
444
1,342
6 381
26, 471
314

945
3,752
2,820
1,126
1,376
1, 680
6 176
26, 117
265

242
4,277
2,161
626
2, 274
1,906
11 206
23, 095
347

569
3,814
2, 527
1, 354
1, 454
3, 142
10, 172
29, 890
272

2, 310
4,255
3,326
923
1,007
4, 385
13, 457
36, 921
334

1, 574
2,347
6, 757
491
2, 334
4, 394

1,740
6, 590
9.329
1 712
7,134
9 967

1,286
5,205
4, 639
819
6, 089
8, 119

1 , 851
3,360
5, 783

1,409
2,843
4,217

956
5,678
8,224

5, 397
8,042

1,514
4,312
9,101
2, 058
4, 692
7, 941

16 675
Assets admitted, total f
mills, of dolls
6, 256
Mortgage loans..
.mills, of dolls Farm
mills, of dolls
1 443
4,813
Other
mills, of dolls..
Bonds and stocks held (book value)
G. 179
mills, of dolls
1,344
Government
.mills, of dolls..
1, 669
Public utility
.
mills, of dolls .
2,655
Railroad
mills, of dolls
511
Other
mills, of dolls
Policy loans and premium notes
2,910
mills, of dolls .
Insurance written:!
1, 026
Policies and certificates
thousands-- 1, 156
17
18
Group
thousands. .
774
881
Industrial
thousands. .
257
236
Ordinary
thousands
Value, total
thous. of dolls-. 688, 620 668, 779
Group
thous. of dolls. _ 24, 437 28, 979
Industrial
thous. of dolls 229, 545 196, 340
Ordinarv thous. of dolls 434, 638 443, 460
234, 163
Premium collections!
thous. of dolls..
11,961
Annuities
thous. of dolls
7 980
Group
thous of dolls
58, 635
Industrial
thous. of dolls
155, 587
Ordinary
thous. of dolls

16, 733
6,228
1,434
4,794

16, 790
6,197
1, 424
4,773

16, 830
6,168
1, 415
4,753

6,190
1,353
1,669
2, 653

515

6,206
1,366
1,671
2,649
520

2,925

2,936

1,001
18
99
148
387
41
134
174
42, 776
9,367

840

46
39
17
41

154

157

131

1,352
19
129
239

1,282
20
119
1S4

1,153
13

2(!0

LIFE INSURANCE
(Association of Life Insurance Presidents)

951
41
681

1,059
29
781

1,028
23
747

990
43
648

923
9
686

229

248

258

299

227

239

259

235

258

639, 937
61,018
174, 156
404, 763
209, 891
10, 221
6,798
53, 379
139, 493

670, 039
38, 868
198, 053
433, 118
236, 284
17, 037
7,285
58, 052
153, 910

671, 242
36, 262
184, 882
450, 098
223, 842
12, 282
7,063
51, 048
153, 449

741, 920
67, 810
154, 864
519, 246
335, 642
28. 752
8,644
116,838
181, 408

614, 431
22, 546
168,312
423, 573
242, 251
17, 612
9,235
59, 243
156, 161

609, 725
16, 842
168, 400
424, 483
229, 590
17, 283
7,571
51, 997
152, 739

640, 414
17, 345
187, 761
435, 308
229, 160
14, 545
8,718
50, 448
155, 449

628, 778
21, 711
183, 462
423, 605
227, 102
13,906
6,878
48, 519
157, 799

645, 320
22, 450
190, 138
432, 732
241, 776
15, 308
7,786
53, 440
165, 242

438
187

479
200

499
221

538
233

481
217

474
211

462
209

464
206

495
213

49
55
178

(Life Insurance Sales Research Bureau)
Insurance written,ordinary total-mills, of dolls..
Eastern district
mills, of dolls
Far Western district
mills, of dolls
Southern district
mills, of dolls..
Western district
mills, of dolls
Lanse rates
a

1925-26-100—

493
207

488
233

48

47

42

49

47

51

44

46

45

47

58
180

51
177

48
161

51
179

53
179

58
196

48
172

51
166

48
160

53
158

157

146

132

Revised.
t Revised series, For earlier data see pp, 18, 19, and 20 of the July 1933 issue (insurance written and admitted assets); and p. 18 of the June 1933 issue (premium
collections).




32

SURVEY OF CURRENT BUSINESS

1932
Monthly statistics through December 1931, 1933
together with explanatory footnotes and references to the sources of the data, may be found
SeptemDecem- January FebruOctober Novemin the 1932 Annual Supplement to the Survey August August
ber
ber
ber
ary

October 1933
1933
March

April

June

July

FINANCE— Continued
MONETARY STATISTICS
Foreign exchange rates:
Argentina
dolls, per gold peso.. 0. 794
0.586
0 586
0 588
0 5%
0 586
0 r>86
0 586
0 583
0 605
192
Belgium
dolls per belga
139
145
139
139
139
13C)
140
139
140
Brazil
dolls, per milreis
. 080
076
076
076
076
076
076
076
076
076
.943
Canada .
_ -dolls, per Canadian doll..
.876
903
91°
873
875
835
%6
' 835
847
. 082 ; .060
Chile
dolls, per peso..
.060
. 000
. 060
.060
.060
. 060
.060
. 060
4. 50
England
dolls, per £_.
3.48
3.47
3.42
3.40
3. 28
3.28
3.36
3.43
3.58
03q
03 Q
. 054
France
dolls, per franc
039
039
039
039
039
041
039
9
939
944
,327 |
Germany
dolls, per reichsmark..
.238
238
38
238
238
238
23S
9
. 339
.282
India
dolls, per rupee-. 262
969
.257
254
48
248
258
*258
. 072
Italy
- dolls, per lira..
051
,051
051
051
051
051
051
051
054
991
. 245
213
Japan
dolls, per yen__
.236
?3I
207
207
208
'"06
40 v
490
409
40,3
40 •>
Netherlands
dolls, perflorin.. . 554
. 40'^
402
40°
404
.115
.081
Spain
dolls, per peseta. 081
. 082
. 082
.082
. 082
. 082
,084
.089
. 179
.178
Sweden— .
--- dolls, per krona..
. 175
. 174
.179
.183
. 183
.182
,188
! Si .474
Uruguay
dolls, per peso479.
. 474
47.1
4~3
. 473
.473
.473
474
Gold and money:
Gold:
4 )40
•i 99 r>
4 4C}{
4 323
4 499
Monetaiv stocks U S
mills of dolls
4 030
4 *''fiO
4 ^m
4 °°6
4 547
Movement, foreign:
(
l0
A
k
Net release from earmark _thous. of dolls..
100, 501
"t 2, .s')
45, 774
,
566
*
-178,2^
'•-91,491
100,092
71,0.^
3C,
701
i\
o ^ 1 99 1(> NT/1 1
Exports
thous. of dolls _ H ! 1 7r
oO
Gi
lo
It
' I i})
3,CK,
•jO 307
Imports
thous. of dolls. _
IGu ^7 ' 1"S 4 "9
21 ! I f O
?0 071
P "69
14 °18
Net gold imports, including gold released
from earmark^ *
thous. of dolls. _ o CWi 100,61 ; 100 186 P-6J .°S7 70 3% 17] ^79
23 7'X)
- IP/) 409
113 28"
Production, Rand
fine ounces. . tfu.m • 191, ,:•_• <>f !,«,)! 07 .9t •> '^ / K > ••'•{.o, f :s 'JO/', 457 °^&3, 775 r >1t>, <^f } 895,097
Receipts at mint, domestic fine ounces - . i>0, :'('- j u,<,( b > 11,". {5,'S 17i,2JU 1-. 515 141,." s
1 j, iK". h1), 0,(.
is ,( H 120, 4".l
o, L l ' t
Money in circulation, total. .-mills, of dolls.5, 7 JO
o, OS5,bi,
5 M)2
5. 0%
5,bi,5
o, tol
6, 137
f,U9Silver:
7,015
U:j
81-8
Exports
thous. of dolls—
20<j
l,nf L
1, 2uO
1,'jjf.
L ".9
1°3
I,o54
s; 5
Imports
thous. of (lolls.. 11.C02
J, 0:2
j 7fi,
I, 305
i, 20.;
I 6'!3
1 5°(
.«;l , .2,0
Price at New York
dolls, per fine oz_.
. -t i
2i<j
2. 79
. 807
Production, estimated, world (85 percent of
,-• (\"ii)
I 1 \)
oy, uu
p.^1)'
total)
thous of fine oz
i'j (} '4
i ' °,5 l
ir '*
11 ')"}
i,4jl
Canada
- - - thous. of fine oz..
i j .
i i ! /5
1 V)Q
! ( 19
i *".3
• 015
1 " '•}
,j,0«l,
Mexico
thous. of fine oz__
' . oii
» 1 <6
4 6' 8
United States
thous. cf fine oz__
2, 170
1,01^
V.GO
I,t0j
2, 574
1 , 907
Stocks, end of month:
e
C 0,-T
United States
- _ _ . thous. of fine oz_.
4, -J.3
,,Ulj
h ( ?j
5 S>1
5 9 >1
7 0''0
i "," i
Canada
thous. of fir 3 oz
i < 1'
i !;]*'
1 "> ">Q
1 ~i i
1 f<JO
1 831
NET CORPORATION PSOFITS
(Quarterly)
]9^ g
183. 3
Profits, total..
mills, of dolls209. 5
Industrial and mercantile,
d
d
a 2"! I
total
mills, of dolls—
87. 9
IF 6
d 4 f,
Autos, parts and accessories mills, of dolls.
>i 20. 4
" 30 9
Foods
..
—mills, of dolls. _
18 1
18 y
17 8
d
Metals and mining
. . mills, of dolls. _
«2 5
"' 6 1
16
d 3 q
<•' ] 4
d j (5
Machinery
mills of dolls.
d
d 0 2
Oil
mills, of dolls. _
7 5
1^ 0
1
Steel and railroad equipment
mills, of dolls. .
«* 32 8
'-' HO 1
10.4
Miscellaneous
mills, of dolls..
l-i 4
17 I
Public utilities..
mills, of dolls63. 0
62. 0
67. 1
33 o
Railroads, class I
. ...mills, of dolls. .
89 6
130 8
Telephones..
mills, of dolls...
51. 8
54 C
41 4
PUBLIC FINANCE (FEDERAL)
Debt, gross, end of month
mills, of dolls—
20, 611
20, 81 ;; 20, bOG 20, 806 20, 802 20, 935
20, Of; 7
21,441
21,302
t
Expenditures, chargeable to ordinary
9^9 •:•$<$ •->i~-> 4(5]
1-1, OUv) •i 257 084
receipts
thous. of dolls
205 725 373 209 246 159 7G2 406
213
091
Receipts, ordinary, total
thous. of dolls.. 1.07. 5.' 1 ! 111,133 259 958 148, 004 124, 507 351,695 134,044 121, 312 283, 286 130, 552
Customs
- thous. of dolls. _ «>J, K"'» i 21 Vti 25* 035 24 744
2-i 051
19 929
18 352
16 442
17 444
17 ^00
Internal revenue, total
thous. of dolls— IP-}, I.Vi * 79, 940 216, 481 89, 850 85, 484 210, 995 86, 805 90, 715 242, 464 89, 062
Income tax _ .
thous. of dolls.. 14, OJ1 * 15, 083 142, 203 13 063 14 328 141 033 17 889 27 713 176 259 19 500
CAPITAL ISSUES
;
Total, all issues (Commercial and Financial
Chronicle)
thous. of dolls. _ 52,901 A< 169 482 138, 607 124, 062 76 400 157 920
109 963
45 3S8
56 513
lr* 094
52,001 167 482
Domestic, total
thous. of dolls
78 607 120 047
76 400 157 990 109' 963
43 788
56 513
19 094
0
Q
0
o
0
Foreign, total
thous. of dolls..
B 2 000 60, 000
4,015
1 600
0
1 1, O.,0 f 133 305
Corporate, total
thous. of dolls.
10 882
41 591
67 489
64 517
28 844
37 555
5 418 35 541
Industrial
thous. of dolls.. iM,ro 5
0
763
6,966
7, 592
8,760
600
0
2, 660
3, 270
0*
o
o
o
o 1,200
o
o
Investment trusts
thous. of dolls. _
0
0
0
Land, buildings, etc
thous. of dolls. _
0
700
220
0
600
0
900
0
0
0
Q
o
Long-term issues
thous. of dolls..
0
o
700
220
200
0
900
0
Apartments and hotels.thous. of dolls..
0
0
0
0
0
0
0
0
0
0
Office and commercial.thous. of dolls..
0
0
0
0
0
0
0
0
0
0
Public utilities
thous. of dolls..
99, 999
9,732 60, 523 37, 608
3,124 44, 925
414
2,148 28, 104
Q
0
o
o 1, 800 15 000 12 000 36 241
Railroads
.
thous. of dolls
26 450
4 778
Q
Q
0
o
Miscellaneous
thous. of dolls. _
o 1 355
o
450
6, 346
o
0
Farm loan bank issues
thous. of dolls..
4,000
0
5,000 13, 000
9,100
9, 500
1, 400
0
0
4
38,
852
Municipal, States, etc..
thous. of dolls..
34, 088 63, 725 43, 458 29 809 116 076 35 946
17 558
13 677
9 87
Purpose of issue:
New capital, total
thous. of dolls.. 45, 600 61, 645 89, 971 100, 020 44, 801 122, 713 64,610 19, 636
24, 928
16, 265
Domestic, total
thous. of dolls.. 45, 600 59, 645 69, 971 96, 005 44, 801 122, 713 64, 610 19, 636
24, 928
16, 265
14, 050 1 26 281
Corporate
thous. of dolls
10 633
48 474
6 550
22 157
10 399
1 314
17 T35
3 170
0
Farm loan bank issues. thous. of dolls..
4,000
9,100
5,000
13,
000
9,500
1,400
0
0
'
°
Municipal, State, etc.-thous. of dolls.. 31, 550 ! 33,364 59, 421 38, 431 29, 168 99, 315 32, 953 16, 922
7, 593
13, 095
0 } 2, 000
Foreign
thous. of dolls..
20, 000
4,015
0
0
0
0
0
0
7,302 1 107 838 48 636
Refunding, total
thous of dolls
24 042 31 599 35 207 45 353 3^ 877
2 829
°0 460
0 1 10?) 114
Corporate
thous. of dolls..
4, 332
19, 015 30, 958
18, 446 42, 360 36, 241
2,248
18, 207
Type of security, all issues:
Bonds and notes, total
thous. of dolls.. 38, 852 j 164,683 138, 257 120, 770 74, 487 153, 209 106, 713 56, 513
44, 453
13, 677
0 *! 131,595
Corporate
.—thous. of dolls..
10, 532
64, 198 39, 678 24, 133 61, 267
37, 555
5, 418
34, 607
Stocks
thous. of dolls__ 14, 050 j 1,800
o
350
3,291
1,913
4,711
3, 250
5 418
935 '
fc>tate and municipals (Bond Buyer):
Permanent (long term)
thous. of dolls.
•- 47, 568 82, 737 67, 178 47, 726 165, 167 85, 930 64 951
45 573
58 579
Temporary (short term)
thous. of dolls. .
} 74.368 81. 688 28. 928 40. 589 145. 590 105. 173 77. 389
92. 719 1 72. 048
a
<i
Revised.
# Or exports (—•).
= deficit
*New
series superseding old series which covered the physical movement only. For earlier data see p. 20 of December 1932 issue.
h
Allowance has been made for gold earmarked at Bank of England for the account of the Federal Reserve Bank of New York.
* Differs from Federal Reserve Board figure, since $8,900,000 declared for export on Feb. 28 was cot actually taken from Federal Reserve Bank




May

:::;::

i;?L;

0 679

0 711

076
876
.063
3.93
046
974
296
061

076
899
.075
4.14
048
288
311
064
9
58
490
.104
.213
560

IftO

9JQ

470
. 100
.202
53°
A

4 317

Q 1 A

&

or»7
-IQK
fVTQ

945
.084
4.65
055
0
^3
349
0"4
288
562
.1.17
.240
651

4

01Q

84, 471

1 785

3, 545
4 380
1 136

9^5
944, 604
114,017
5, 876

301
918, 633
64, 445
5, 742

592
923, 671
99, 581
5, 675

235

343
15 472
.357

2, 572
5 386
. 376

1 014

z> ]/)7
1,933

8 720
644
5 067
1,465

9 K 51
1 277
~i 100
1, 552

8 r'6S
1 707

6 583
1 690

8 215
2 0°8

22,114
99 Q9f>

.341
O 7"'?

gr, ^yg

1 496

309. 1
50 1
25.8
2 1
d (_! 1

«*' 10 2
d

c::_:::~
j

15 9
25. 4
65. 6
119. 2
47.1

21, 853

22, 539

22, 610

97Q fir^

41 1, 352
30o, 162
22, 943
251, 001
146, 575

203 150
179,011
25 081
131, 116
11,983

222, 644
1()2, 644
GO, 000
60, 378
15, 415
0
0
0
0
0
3,000
41, 9G3
0
0
102, 266

161,990
161 857
133
95,955
86, 730
1,089
0

43, 802 110, 148
110, 148
43, 802
12, 082
3 K(^4
0
1
98, 066
40, 218
0
01
112, 496
15 84
48, 296
12, 0.50

117,083
116,950
52, 760
35, 000
29, 190
133
44 907
43, 061

213, 592
51, 326
9, 052

79, 096
13, 061
82, 894

107, 905
210. 783

37, 939
13,916

167,
9
0
114,
15

152
515
754
688

59 643
59 643

o

15 634
9, 043

o
0
o

0
0
6, 591
0
0
0
44 009

56, 559
12, 550
3 084
53 915
105. 047

a

o

0
0
7,000
1,061
75
35, 000
31, 035

of New York until Mar. 1.

SURVEY OF CURRENT BUSINESS

October 1933

Monthly statistics through December 1931, to- 1933
gether with explanatory footnotes and references to the sources of the data, may be found August
in the 1932 Annual Supplement to the Survey

33

1933

1933

Decem- January
August SeptemOctober November
ber
ber

March

ary

May

April

June

July

FINANCE— Continued
SECURITY MARKETS
Bonds
Prices:
All listed bonds, avg. price (N.Y.S.E.)
dollarsDomestic issues
dollars..
Foreign issues
dollarsDomestic (Dow-Jones) (40)
percent of par 4% bond..
Industrials (10)... percent of par 4% bond..
Public utilities (10)
percent of par 4% bondRails, high grade (10)
percent of par 4% bond..
Rails, second grade (10)
percent of par 4% bond..
Domestic! (Standard Statistics) (60).dollarsU.S. Government (Standard Statistics)*
dollars..
Foreign (N Y Trust) (40)
percent of par
Sales on New York Stock Exchange:
Total
thous. of dolls, par value
Liberty-Treas.. .thous. of dolls, par valueValue, issues listed on N.Y.S.E.:
Par, all issues _. .
. mills, of dolls
Domestic issues
mills of dolls
Foreign issues..
mills, of dolls
Market value, all issues
mills, of dolls..
Domestic issues
mills, of dolls
Foreign issues
mills, of dollsYields:
Domestic t (Standard Statistics) (60) .percentIndustrials (15) _ _
percent-Municipals (15) t-percent..
Public utilities (15)
percentRailroads (15)
percentDomestic, municipals (Bond Buyer) (20)
percent..
Domestic, U.S. Government:
Treasury bonds (3 long term)
percent __
Treasury notes and certificates (3-6
months) _
percent
Cash Dividend and Interest Payments
and Bates
Total (Journal of Commerce) — -thous. of dolls..
Dividend payments
thous. of dolls.
Indus trial and miscellaneous
thous. of dolls..
Railroads, steam
thous. of dolls. _
Railways, street
thous. of dolls
Interest payments
thous. of dolls..
Dividend payments (N. Y. Times)
thous. of dolls..
Industrial and miscellaneous.thous. of dolls. _
Railroad
thous. of dolls—
Dividend payments and rates (Moody's):
Dividend payments, annual payments at
current rate (600 companies)
mills, of dolls..
Number of shares, adjusted...
millions..
Dividend rate per share, weighted average
(600).
dollarsBanks (21)
dollars-Industrials (492)..
....dollarsInsurance (21)
.
dollars
Public utilities (30)...,
-dollarsRailroads (36)
,
..dollars-

84.63
87.91
71.34

77.27
83.70
65.89

77.50
83.93
66.10

76.37
82.04
66.30

73.91
81.36
60.72

77.27
81.65
60.22

78.83
83.32
61.34

74.89
79.09
58.45

74.51
78.58
58.59

76.57
80.07
62.86

80.79
84.73
65.31

82.97
86.84
67.77

84.43
88.03
70.26

72.67
62.02

53.35
48.08

55.01
52.21

49.86
49.56

47.51
46.98

44.05
44.81

46.94
47.66

46.22
44.35

42.01
39.88

41.35
42.32

50.64
51.57

67.67
58.92

73.00
62.85

79.47

69.96

70.10

70.95

69.49

69.79

73.66

71.53

64.99

64.62

69.09

74.60

79.63

89.95

79.32

82.07

80.76

78.19

77.88

82.49

81.92

77.23

73.62

80.35

84.35

88.95

65.72
89.9

36.67
84.3

36.88
87.0

29.79
85.2

27.98
83.1

24.20
82.2

25.95
84.1

25.17
82.5

23.92
76.7

22.71
75.4

30.60
82.0

69.23

66.32

86.8

89.6

103. 40

101. 95
55 82

102. 47
63 47

102. 52
58 00

102. 57
53 17

103. 19
57 51

103. 75
59 83

103.36
54 19

101. 09
53 55

102. 00
55 52

102. 91
56 47

103. 54
57 11

103. 62
59 50

216,818
15, 597

333, 076
25, 769

250, 265
24, 351

178, 562
20, 250

158 905
15, 782

241 850
37, 424

260 021
38, 362

230 082
45, 387

193, 181 269 585 350, 626
55, 176 6l! 000 38, 367

344, 050
23, 583

323. 139
20, 498

41,613
33, 376
8,237
35, 218
29, 342
5,877

51, 863
33, 140
18, 724
40, 073
27, 736
12, 336

61, 780
33 114
18, 667
40, 132
27, 793
12, 339

51, 744
33, 102
18, 642
39, 518
27, 158
12, 360

51 543
32 942
18, 600
38, 095
26 801
11, 294

41, 305
32 866
8,438
31,918
26 836
5,082

41, 173
32 770
8, 403
32, 457
27, 302
5,154

41, 107
32 738
8 369
30, 785
25 893
4,892

41,006
32 666
8,340
30, 554
25, 668
4,887

40 948
32 624
8*324
31, 354
26 121
5 233

40, 844
32, 553
8,291
32, 998
27, 583
5,415

40, 878
32, 593

40, 812
32, 538

33, 917
28, 303
5,615

34, 458
28, 645
5,813

5.12
6.14
4.54
4.84
4.95

5.57
6.93
4.50
5.22
5.65

5.35
6.61
4.39
5.06
5.36

5.50
6.91
4.37
5.11
5.63

5.68
7.32
4.38
5.14
5.86

5.75
7.38
4.37
5.06
6.19

5.59
7.29
4.23
4.91
5.93

5.73
7.60
4.28
5.11
5.93

6.25
8.14
4.88
5.54
6.45

6.38
8.27
5.05
5.63
6.56

5.78
6.94
5.27
5.26
5.63

5.37
6.39
4.71
5.03
5.34

5.15
6.16
4.60
4.86
4.97

4.98

4.55

4.57

4.59

4.65

4.61

4.48

4.92

5.24

5.69

5.35

5.09

«5.00

3.40

3.57

3.54

3.54

3.55

3.48

3.39

3.47

3.58

3.55

3.47

3.40

3.38

.01

.14

.03

.45

.29

.07

.19

349, 620 «367, 100
101, 800 "119,600

437, 440
125, 000

621, 654
167, 300

561, 279
136, 850

428, 449
153, 884

571, 529
134, 350

763, 219
205, 900

88, 100
4,900
2,700
247,820

101, 900
« 7, 000
« 3, 000
247, 500

103, 000
7,300
3,200
312, 440

144, 400
1,425

115,800
2,950
3,000

158, 200
16, 500

274, 565

437, 179

557, 319

211, 432 246, 113
197, 493 226, 892
13, 939 « 19, 221

211, 890
191, 066
20, 824

116,211

04

07

01

1.34

438, 032
130, 500

546, 439
120 200

863, 492
270, 600

3S7, 200
145 400

430, 351
140, 000

140, 900
10, 400
4. 000
454, 354

104, 000
7,500
2,500
307, 532

102, 800 °230, 500 «117, 000 "102,200 °96, 409
8,000 11, 300 11, 500
5,900 10, 500
3,300
4,100
4 900
2,600
2 000
592,
892
241, 800 290, 351 424, 429
426, 239

156, 599
154, 009
2,590

133, 344
126, 878
6,466

264, 189
243, 592
20, 597

205, 769
190, 508
15, 261

164, 840
140, 343
24, 497

222, 244
206, 328
15,916

162, 468
158, 000
4,468

130, 607
124, 823
5,784

218, 591
199, 362
19, 229

» Revised.

2,674

8,274

3,000

105, 160
11, 051

970.6
923. 84

1, 163. 6
928. 42

1,148.9
928. 67

1, 146. 7
928. 12

1, 126. 8
925. 58

1,119.7
925. 25

1,112.9
924. 21

1, 070. 3
924. 39

1, 024. 9
922. 56

1, 006. 2
923. 32

965.4

972.4

923. 36

923. 29

923. 63

1.05
3.99
.73
1.66
2.15
.90

1.25
4.78
.94
1.87
2.35
.81

1.24
4.78
.93
1.89
2.30
.81

1.21
4.78
.92
1.89
2.30
.81

1.22
4.79
.90
1 89
2.34
.81

1.21
4.79
.89
1 89
2.31
.81

1.20
4.78
.88
1 89
2.31
.86

1.16
4.78
.82
1 78
2.31
.86

1.11
4.36
.78
1 76
2.25
.86

1.09
4.32
.77
1 66
2.19
.86

1.06
4.32
.72
1.66
2.19
.86

1.05
3.99
.72
1.66
2.19
.86

1.05
3.99
.73
1.66
2.19
.86

63.5
28.2
28.3
56.17
90.07
22.29
49.9
47.7
80 6
27.5

62.1
27.6
27.4
57.63
92.71
22.56
47 5
45 4
77 6
25 5

59.1
27.1
26.2
55. 05
89.54
20.58
47 4
44 P
79 6
25 7

62.7
28.0
28.1
58.65
94.81
22.50
49 1
46 2
81 8
27 6

56.1
23.9
26.9
52.99
84.55
21.43
44. 9
42 5
73 i
26 7

57.6
21.8
27.4
53.17
85.07
21.27
43 2
41 6
67 0
25 6

65.0
21.6
27.4
60.09
97.20
22.97
47 5
48 8
63 5
26 3

81.6
27.7
37.6

94.1
34.1
44.2

100.4
34.7
51.7

66.3
43.1
29, 188

63.3
41 7
23 038

65.8
41 4
23 208

67.9
44.0
18 720

63.5
42 5
19 320

49.2
38 1
20 089

23, 441
1,312

22, 259
1,312

22, 768
1,312

23, 073
1,303

19, 701
1,296

5.73
6.08
5.64
3.11

5.84
6.12
5.87
3.33

5.68
6.00
5.61
3.28

5.42
5.78
5.28
3.05

7.02

7.19

7.34

7.17

Prices:
Stocks
Dow-Jones:
98.4
67.5
Industrials (30)— _
dolls, per share. .
72.6
30.8 j! 29.1
Public utilities (20)
dolls, per share35.3
29.4
49.6
Railroads (20).—
dolls, per share32.3
61.70
New York Times (50)
dolls, per share-- 88.24
65.35
Industrials (25)
dolls, per share .. 135. 86
98.07 101. 58
Railroads (25)
dolls, per share-40.63
25. 33
22.13
75.1
Standard Statistics (421)
1926=100
58.2
53.3
Industrials (351).
_ 1926=100
78.8
51.5
55.8
87.1
84.2
Public utilities (37)
1926=100
91 4
Railroads (33)
1926=100
29.2
49.4
34.5
Standard Statistics:
58. 3
Banks, N.Y. (20)
1926=100..
64.8
73.5
58.2
43.4
Fire insurance (20)
1926=100
47.3
42,
466 82, 649 67, 424
Sales, N.Y.S.E _
thous. of shares
Value, and shares listed, N.Y.S.E.:
Market value all listed shares.mills. of dolls.. 36, 670 27, 783 26, 735
1,312
Number of shares listed
millions-1,290
1,311
Yields:
Common, Standard Statistics (90).. percent..
3.25
5.65
4.91
2.93
5.75
5.22
Industrials (50)
—
percent-Public utilities (20)
_
percent5.74
4.78
5.03
Railroads (20)
percent2.73
4.47
2.51
Preferred, Standard Statistics:
Industrials, high grade (20)—
percent. .
7.11
6.88
6.20
Stockholders (Common Stock)
American Tel. & Tel. Co., total
.number..
705, 501
Foreign
number..
7,348
Pennsylvania Railroad Co., total
number.
251, 041
Foreign
number..
3,327
189, 981
U.S. Steel Corporation, total
number
Foreign
number..
3,140
Shares held by brokers,,
percent of total. .
14.27




a

8,285

t Revised series. For earlier data see D. 19 of the April 1933 issue.

701, 037
7,507
250, 506
3,323
190, 853
3,155
15.21

976.0

74.59

85.26

88.46

62 9
65 3
79 2
37.5

134. 53
36.01
74 9
77 3
96 9
44.0

135. 84
41.09
80.4
83.5
97.5
52.6

47.2
37 8
52 901

53.1
50.4
104, 229

60.7
55.7
125 627

60.9
60.0
120, 300

19, 915
1,293

26, 815
1,294

32, 473
1,294

36, 349
1,285

32, 762
1,281

6.10
6.36
6.10
4.13

6.30
6.25
6.82
5.22

5.58
5.24
6.83
5.12

3.99
3.67
5.18
3.59

3.27
3.02
4.12
3.06

3.02
2.76
4.09
2.58

7.32

7.52

7.32

6.78

6.38

6.22

700 212
7,554
248 688
3,310
193 140
3,192
16.07

118. 40

30.79

690, 886
7, 564
244, 295

3,279

187, 477
3, 151
17.91

' New series. See p. 20 of the June 1933 issue for earlier data.

34

SUKVEY OF CURRENT BUSINESS

Monthly statistics through December 1931, 1933
together with explanatory footnotes and references to the sources of the data, may be found
in the 1932 Annual Supplement to the Survey August August

October 1933
1933

1933

Decem- January
October November
ber

ber

February

March

April

May

June

July

FOREIGN TRADE
INDEXES
Value:
Exports, unadjusted
-_. 1923-25=100..
Exports, adjusted for seasonal. .1923-25= 100..
Imports, unadjusted
... 1923-25= 100. _
Imports, adjusted for seasonaL-1923-25=100._
Quantity, exports:
Total agricultural products
1910-14=100..
Total, excluding cotton
-1910-14=100..

35
38
48
50

29
31
28
29

35
33
31
32

40
33
33
32

37
32
32
32

35
33
30
30

32
31
30
29

27
29
26
26

28
28
29
26

28
29
27
25

30
32
33
32

32
36
38
40

38
43
44
48

66
50

64
60

90
66

126
98

120
85

116
67

97
73

71
58

67
59

59
51

71
47

72
45

80
51

131,451 108, 599 132, 037 153, 090 138, 834 131,614 120, 630 101, 530 109, 032 105, 219 114, 243 119, 809
Experts, incl. reexports
thous. of dolls
By grand divisions and countries:
2,509
3,374
2,632
2 727
3,744
2,809
2,609
2,864
3,055
2,335
2,462
3,431
Africa
__
-thous. of dolls_.
25 272 20, 171 22, 684
24 446
18 810 22 180
25 967
27, 717 30 177
17 823 20 630 26' 625
Asia and Oceania
thous. of dolls
4,927
7,299
9,614
10 157
7,803 10, 716 13, 121 15, 606 11, 185
7,720
Japan
thous. of dolls
6,406 » 8, 267
Europe
.
thous. of dolls-- 62, 710 52, 909 72, 628 84, 816 70, 163 64, 421 62, 218 51, 099 50, 321 52, 223 56, 883 58, 820
9,219
8,924
10, 252
11, 158
10, 241
7,653
7,955
8,178
France
thous. of dolls.. 8,476
10, 184
8,164
8,077
9,038
15, 791 15, 671 12, 534
10, 421 11,739
8,563
7,035
11,415 10, 235
8, 663
Germany
.
thous. of dolls
8,977
4,412
4,058
4,329
3 596
3,506
4,774
6,835
4,443
5,566
3,986
4,558
Italy
thous. of dolls
3,101
United Kingdom
thous. of dolls.. 24, 686 18, 638 25, 725 32, 920 24, 753 21, 491 21, 309 18, 730 17, 645 18, 235 18, 787 22, 233
North America, northern _ _ thous. of dolls.. 20, 768 19, 230 19, 196 20, 777 18, 824 13, 645 12, 664 11, 703 14, 200 13, 418 16, 730 18, 421
Canada ..
__ . thous. of dolls. 20, 301 18, 846 18, 731 20, 504 18, 326 13, 437 12, 432 11,501 13, 841 13, 159
16, 433 18, 069
8,091 10, 621 10, 384
8,364
North America, southern. -thous. of dolls.. 10, 894
8,224
9,695 10, 125 10, 412
9,296
10, 636
10, 364
2,821
2,521
2,907
2,682
2,173
3,315
2,905
3,274
Mexico
thous. of dolls
2,340
3,208
2,967
2,852
8,125
8,131
8,462
6,778
9,396 10, 095
8,580
South America
thous. of dolls
8 890
7 000
7,784
7 175
7,573
2,712
2,785
2,711
2,897
2,253
3,035
2,635
2, 756
2,350
2,550
1,873
2,535
Argentina
thous. of dolls
2,682
3,397
1,825
1,984
2,265
3, 578
2,605
1,647
1,813
Brazil
thous. of dolls.. 2,089
1,912
2,320
291
348
260
245
234
294
518
Chile
-. -thous. of dolls
338
220
373
375
297
By economic classes:
129, 292 106, 270 129, 538 151, 035 136, 402 128, 975 118, 600 99, 438 106, 310 103, 106 111, 883 117, 523
Exports, domestic .
thous. of dolls
28, 621 34 977 40 257
Crude materials
thous. of dolls
41 968 29 742 47 397
60, 517 55, 326 52, 234 42, 294 31, 848 29, 359
20.6
29.3
28.2
32.1
40.0
39.0
29.7
26. 1
38.5
Haw cotton
mills, of dolls
18.1
16.9
18. 1
19, 885 15, 961 16, 178 12,819
16 886
17 317
Foodstuffs, total
thous. of dolls
20 381 25, 219
13, 397
11,310 13 044 13 362
3,244
2,704
3,062
5,964
8,614
4,367
4,663
3,024
8,610
3,524
Foodstuffs, crude
thous. of dolls..
5,860
2,510
11 352
11, 594
11,515
9,575
Foodstuffs, manuf
thous. of dolls
13 824
14 521
16, 605 11 975
8,800 10 020 10 659
9 873
3.8
5.4
12.2
4.8
4.6
Fruits and preparations. .mills, of dolls. .
7.9
2.9
3.8
5.6
3.9
9.6
2.9
5.9
4.5
4.0
5.2
4. 1
4.6
55
4 9
Meats and fats
mills of dolls
54
4 8
4 4
4 0
1.2
2.1
1.2
3.4
2.7
2.0
Wheat and flour _ _ mills, of dolls
3.5
1.0
15
2.6
1.3
1.1
14, 589
15, 742 15, 831 13, 242 16 507
18 181
Manufactures, semi
thous. of dolls
12 868
16, 867
17 644
20 465
15 869
15, 292
Manufactures, finished thous. of dolls.. 49, 973 46, 343 45, 891 48, 433 46, 601 45, 038 44, 296 41, 528 47, 047 47, 884 46, 218 45, 732
6.3
6.5
Autos and parts.
.mills, of dolls..
5.0
4.4
5.1
7.0
7.4
5.1
4.9
8.1
6.9
7.4
3.8
5.6
5.3
5.4
4.6
5.1
3.9
Gasoline
. . mills, of dolls
37
5.8
34
39
6.0
9.2
9.7
8.5
9.1
10.2
9.3
Machinery. __
mills, of dolls..
9.0
9.1
11.6
9.4
10 9
8.8
Imports, total
thous. of dolls.. 154, 976 91, 102 98, 411 105, 499 104, 468 97, 087 95, 994 83, 803 94, 864 88, 412 106, 903 122, 262
By grand divisions and countries:
1,990
1,412
2,502
1,946
2,616
1,250
2,243
Africa
thous. of dolls.. 3,179
1,317
1,631
1,208
1,198
Asia and Oceania
thous. of dolls.. 47, 024 25, 439 27, 732 28, 110 30, 348 30, 628 31, 090 24, 247 28, 760 27, 069 31,751 33, 909
5,686
8,462 11, 467
7,935
Japan
thous. of dolls.. 14,099 10, 068 12, 135 10, 505 11, 730 12, 322
7,527
8,055
Europe
thous. of dolls. . 51, 147 26, 335 32, 390 36, 800 35, 422 28, 967 28, 226 26, 794 28, 192 24, 421 30, 805 41, 174
3,824
2,991
3,111
2,733
3,389
4,510
3,128
France.,
thous. of dolls..
4,023
4,549
3,000
5,410
2,207
4,752
5,212
7,152
4,873
5,612
6,800
5, 113
Germany .
thous. of dolls . 8,702
5,698
6,754
6,380
4,727
2,977
2,552
3,282
2 502
3,618
3,720
Italy
thous. of dolls
3 900
3 473
3 131
3,984
2 693
3 318
4,852
5,347
5,194
4,371
8,010 11,171
United Kingdom
.thous. of dolls
6,421
6,789
6,540
5,796
5,095
14, 073
8,567 10, 123 11, 140
15, 405 15,716
North America, northern. -thous. of dolls.- 18,024 13, 532 13, 172 14, 701 13, 789 11, 493 11,419
8,529
14, 800 15, 263
Canada
thous. of dolls.. 17,666 12, 741 12, 507 13,771 13, 021 11, 006 10, 744
10, 055
11, 078
9,334
8,197
9,624
9,079
North America, southern. .thous. of dolls. . 11,128 12, 870 10, 623
8,684
11, 490
11,678 12, 697 10, 931
2,285
2, 303
2,505
3,586
2,062
1,942
2,575
2,517
Mexico
_
thous. of dolls..
2,503
2,425
1,819
3,046
18, 289
15 036
South America
thous of dolls
24 475
14, 008
12, 906
11 610
13 244
13 723 14 719
13, 563
14 667
14 853
1,772
1, 320
1,177
827
1,636
1,018
1,257
598
1,148
Argentina
thous of dolls
6 234
804
1,011
7,244
5,158
6,958
6,105
5,532
6,114
3,184
6,617
5,816
7,056
Brazil
thous. of dolls.. 9,063
6,383
438
3,788
409
145
271
230
194
Chile ._
-thous. of dolls..
806
1,680
134
260
156
By economic classes:
Crude materials
thous. of dolls.. 50, 660 22, 150 27, 268 27, 202 27, 780 28, 737 27, 205 21, 129 23, 633 21,134 24, 920 34, 301
19, 721 17,775
17,327 19, 445 19, 153 17, 643 17, 929 17, 864
13 885
18,411 16, 557
Foodstuffs crude
thous. of dolls
19 758
19,083
20, 033
16, 270
15, 145
Foodstuffs, manufactured— thous. of dolls.. 15, 644 15, 340 13, 941 14, 056 12, 821 10, 519 12, 817 12, 097
27, 812
18, 337
13, 606
14, 751
13, 537
35 233 15, 091 14, 619
16, 719
16, 747
16, 154
Manufactures, semi
thous. of dolls
16, 615
Manufactures, finished thous. of dolls.. 33, 681 24, 635 25, 255 28, 076 28, 099 23, 440 21, 889 19, 107 22, 924 20, 914 23, 622 23, 290

144, 197

VALUE §
3,262
30 127
15, 046
68, 081
8, 516
11,349
4,741
24, 787
21, 300
20, 927
11, 723
3, 524
9,704
3,414
2, 327
456
141, 661
51, 509
36.8
15 383
3,078
12, 305
4.3
5 7
1.1
21, 359
53, 410
7.5
60
10.1
142, 992

2,607
47, 796
14, 423
43, 782
3,825
7,466
3,518
12, 577
19, 809
19, 383
11,541
2,461
17, 457
4,037
6,427
763
46, 441
15, 897
22, 878
31, 021
26. 755

TRANSPORTATION AND COMMUNICATIONS
TRANSPORTATION
Express Operations
Operating revenue
Operating income

thous. of dolls, _
thous. of dolls..

7,122
132

7,216
130

7,039
134

7,351
124

6,603
136

6,368
138

6 438
129

6,523
115

6,746
122

6,659
121

8.219
8.229
637, 191 659, 316
45,400 45, 114

8.212
702, 854
48, 647

8.235
684, 096
47, 600

8.235
728, 015
50, 459

8.192
690, 837
47, 384

8.192
640, 635
43, 656

8.169
689, 427
46, 471

8.143
763, 031
45 784

8.143
693, 493
47 401

8.143
697, 099
45, 134

8.143
620, 424

51
51
48
63
71
51
44
52
35
20
19
21
59
56
58
53
46
39
65
64
63
5
5
5
45
44
45
April, and May 1933.

51
44
27
24
76
50
65
8
54

56
47
33
30
81
51
68
21
60

60
54
44
36
83
46
67
32
64

66
66
55
38
98
46
70
62
67

6,775
136

Electric Street Railways

Fares, average (320 cities)
Passengers carried f
Operating revenues

_

..cents..
thousands . . 637, 278
thous. of dolls

Steam Railroads
Freight carloadings (F.R.B.):
52
Index, unadjusted
.1923-25 = 100
53
61
65
58
65
Coal
1923-25-100
49
64
72
77
74
72
23
Coke .
. . . .1923-25 = 100
41
48
31
40
55
Forest products- _
1923-25=100
21
18
25
26
23
37
57
Grain and products
1923-25 = 100..
82
83
72
63
64
Livestock
. .
1923-25 = 100
69
50
51
64
59
50
64
Merchandise, l.c.l
1923-25 = 100
68
72
72
70
69
7
5
Ore
-.1923-25=100..
18
16
90
16
Miscellaneous
_
1923-25=100..
63
53
62
66
56
45
§ 1932 figures include final revisions. For revisions for January through March 1932 see issues of March,
t Revised series. For earlier data see p. 19 of the August 1933 issue.




35

SURVEY OF CURRENT BUSINESS

October 1933

1932

1933

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

August

1933

Decem- January
October NovemAugust September
ber
ber

Febru-

ary

March

April

May

June

July

TRANSPORTATION AND COMMUNICATIONS—Continued
TRANSPORTATION-Continued
Steam Railroads— Continued
Freight carloadings— Continued
Index, adjusted
1923-25 = 100..
Coal
1923-25=100__
Coke
1923-25=100 .
Forest products
.
1923-25=100
Grain and products
1923-25=100
Livestock
-1923-25=100..
Merchandise, l.c.l
1923-25=100..
Ore
1923-25=100
Miscellaneous
1923-25=100
Total cars ^
thousands
Coal .
thousands .
Coke
thousands
Forest products
thousands
Grain and products
thousands
Livestock
thousands
Merchandise, l.c.l
thousands
Ore
thousands
Miscellaneous
_
thousands
Freight-car surplus, total..
thousands
Box
thousands
Coal
_
thousands-Equipment, mfrs. (See Trans. Equip.)
Financial operations (class I roads) :
Dividends paid. (See Finance.)
Operating revenues
thous. of dolls.
Freight
thous. of dolls
Passenger. . ._
thous. of dolls
Operating expenses.thous. of dolls..
Net operating income
thous. of dolls. .
Operating results (class I roads) :
Freight carried 1 mile
mills, of tonsReceipts per ton mile
cents
Passengers carried 1 mile
millions

61
74
61
35
53
56
69
53
57
2,503
494
27
109
118
66
680
137
872
398
237
106

54

51
51
25
20
68
57
68
10
48
2,065
338
11
62
154
67
676
28
728
708
377
261

54
59
32
24
68
54
69
10
52
2,245
414
14
69
148
81
681
24
813
599
324
210

57
68
39
25
65
52
69
12
56
3 158
676
24
95
174
117
893
32
1,148
545
314
171

57
66
40
24
59
51
68
10
57
2,195
491
19
64
111
76
666
12
756
622
353
198

58
69
45
22
59
50
69
20
57
2,487
626
28
66
132
83
777
9
765
647
376
196

56
56
40
22
61
50
69
20
57
1,910
429
21
55
106
69
613

233

206

252 102
194 987
31 385
189, 631
28, 368

272 473
214 599
30, 481
189, 377
49, 647

298, 462
244, 074
26, 179
200, 147
63, 839

253, 575
203, 146
24, 859
189, 667
34, 179

246, 062
188, 164
30, 202
188, 205
32, 857

226, 555
179, 239
26, 654
181, 680
13, 266

20 046
1 065
1,556

22, 706
1 029
1,529

26, 344
1 010
1,231

21, 754
1.020
1,156

21, 102
.978
1,380

19, 986
.995
1,167

214
528
1 349
650
"939
3,095
1 893
1 162

215
478
1,347
638
1,061
3,807
1 768
1,292

235
554
1,582
723
1,014
3,924
2,171
1,252

224
588
1,532
682
751
2,877
2,021
1,087

224
0
1,622
587
51
215
2,177
147

7
610
692
381

50

244

53
53
29
22
99
53
63
17
52
2 505
397
17
86
177
82
803
16
996
619
314
237

56
52
33
28
99
54
66
14
57
2 128
318
15
83
148
66
661
31
805
553
281
204

60
63
44
34
95
54
67
18
61
2 265
362
20
ICO
147
62
654
44
876
454
24^
148

65
75
63
39
82
55
70
34
64
3 109
561
33
134
225
75
832
110
1 139
393
216
117

211,613
168, 790
23, 585
170, 864
9,855

217 599
174 916
21 886
175, 295
10, 548

224 877
180 212
22 920
173, 296
19, 041

255 256
207 490
23 Oil
181, 584
40, 693

278 311
223 236
30' 981
185, 325
59, 483

293, 708
240 172
30, 964
194, 908
64, 307

19,117
.977
1,045

19 357
I 009

19 831
1 012
1 088

21 732
1 046
1 170

23 712
1 036
1,465

26, 460

245
542
1 630
783
835
3,490
2 14°
1 109

207
479
1 6C>1
779
994
3,582
1 960
1 239

65
45

19
58

55
35

20
69

49
66

45
62

1, 958

1 841

20
51

492
25
55
101
62
618
7
598
650
368

23
47

366
18
59
104
52
624
8
611
681
362

997

Waterway Traffic

Canals:
Cape Cod
_ thous. of short tons
New York State
thous. of short tons
Panama, total
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 tonsOcean traffic:
Clearances, vessels in foreign trade
thous. of net tons..
Foreign
thous. of net tons
United States. thous. of net tons
Shipbuilding. (See Trans. Equip.)

254

980
7,690
1 212

200
0

158
0

192

1,464

1,435

0
2,225

0
1,983

0
2 468

o

212
183
1 528
302
352
696
2 289
588

560
0
0

623
0
0

o

1 738

724

o

288
1 699
823
839
6, 050
2 179
1 121

351

148

127

170

150

110

83

81

92

115

168

283

291

113
1 339

100
601

95
697

109
796

113
763

94
776

81
799

72
683

79
701

82
776

113
1 022

110
1 397

«133
1 561

851

430

446

534

494

434

465

400

357

456

576

827

732

6,363
4 059
2 304

6,191
4 053
2 138

5,902
3 747
2,155

5,325
3 305
2,020

5, 019
3 084
1,936

4,299
2,701
1,598

4,226
2,633
1,594

4,050
2,460
1,590

4,528
2 861
1 667

3,326
1 782
1 544

5, 129
3 259
1 870

5, 515
3 530
1 985

5,991
3 779
2 212

57, 995
15 936

52, 829
14, 586

38, 548
11, 192

30, 671
9,102

22, 889
6,913

24,300
7,854

24, 506
7,633

24, 945
8 070

29 557
9 365

38, 543
12, 629

54, 247
18 861

61, 504
21,417

3.24
46

3.16
48

3.12
53

3.13
50

2.98
47

2.94
54

2.98
51

2.80
45

2.85
48

2.71
51

2.83
47

2.84
48

54 070
57, 887
8 783
2 719
10 163

60, 258
38, 368
8,856
3, 129
8 039

28, 058
28,854
7,788
2,388
6,133

14, 879
22, 129
8,031
2,006
6,007

13, 259
20, 461
8,040
1,846
4,838

14, 159
19, 792
5,019
1,511
5 742

17, 005
19, 097
4,345
1 277
4 945

18 414
16 682
4 287
1 393
6 480

18 539
16* 012
4 409
1 300
9 744

20, 029
17, 727
4,002
1,694
17 428

18 325
22, 238
10 414
1 726
23 563

12 323

488 562
125, 973

211, 601
57, 226

69, 454
19, 838

36, 290
7,947

27, 343
5,662

36, 463
6,226

43, 379
6,496

40 969
5,734

66 313
11, 326

92, 518
21, 733

229 496
59, 924

440, 728
117, 750

1 323
3,475

1?339
3,648

1,158
3,127

1,078
2,902

1,248
3,294

1,158
3,208

2,784

952

872
2,643

974
2,880

951
2,711

1 201
3,608

3,356

82, 690
55, 911
19, 857
56, 976
17, 048
15, 592

82,588
56, 119
19, 537
55, 180
18, 743
15, 498

83, 045
57, 094
19, 093
55, 390
18, 966
15, 379

80, 679
56, 356
17, 575
55, 444
17, 061
15, 261

81, 904
56, 500
18, 507
56, 175
18, 540
15, 142

79, 726
56,011
17,016
58, 215
14, 024
15,015

76, 061
53, 962
15, 512
55, 559
13, 102
14,902

78, 925
54, 615
18, 155
57, 387
14, 254
14, 779

78, 053
54, 116
17, 442
55, 653
14, 897
14, 676

80, 797
54, 706
19, 502
57, 297
15, 996
14, 589

80, 704
54, 104
19, 832
56, 193
16, 201
14, 483

79, 421
52, 341
20, 167
55, 473
15,954
14, 399

8,638
6,545
7,646
602

8,728
6,534
7,521
818

8,229
6,205
7,494
349

7,706
5,697
7,425
<*104

8,352
6, 334
7,010
888

7,317
5,529
7,117
<*194

6,976
5,250
6,605
d
346

8,827
6,841
7,055
1,375

7,992
6,133
6,655
938

9,169
6,952
6,945
1,817

9,557
7,289
7,790
1,309

9,297
7,032
7,434
1,447

Travel
Airplane travel:
Passengers carried*
. number..
Passenger miles flown* thous. of miles
Hotel business:
Average sale per occupied room.
dollars..
2.98
Rooms occupied
percent of total
49
Foreign travel:
Arrivals, U.S. citizens
number
Departures, U.S. citizens
.. number
Emigrants
..
number
Immigrants
number
Passports issued
number
7 540
National parks:
Visitors
number
441 795
Automobiles
number
117 261
Pullman Co.:
Passengers carried
thousands
Revenues, total
thous. of dolls..

~

COMMUNICATIONS
Telephone (class A companies) :
Operating revenues.-thous. of dolls..
Station revenues
thous. of dolls..
Tolls, message
thous. of dolls
Operating expenses
thous. of dolls..
Operating income
thous. of dolls..
Stations in service, end of mo. . thousands
Telegraphs and cables:
Operating revenues
thous. of dolls..
Commercial telegraph tolls.thous. of dolls.. --------Operating expenses
thous. of dolls..
Operating income
-thous. of dolls..




1 Data for October, December 1932, April and July 1933 are for 5 weeks; other months 4 weeks.
* New series. Covers scheduled airlines operating in United States.
Earlier data not published,
d
o Revised.
=deficit.

36

SURVEY OF CURRENT BUSINESS

October 1933

1932
Monthly statistics through December 1931, 1933
together with explanatory footnotes and references to the sources of the data, may be found
Decem- January FebruOctober Novemin the 1932 Annual Supplement to the Survey August August September
ber
ber
ary

1933
March

April

May

June

July

CHEMICALS AND ALLIED PKODUCTS
CHEMICALS
Alcohol:
Denatured:
Consumption (disposed of)
thous of wine gal
Production
thous. of wine gal—
Stocks, end of month... thous. of wine gal..
Ethyl:
Production ..
thous. of proof gal. _
Stocks, warehoused, end of month
thous of proof gal
Withdrawn for denaturing
thous. of proof gal—
Methanol, wood distilled:
Crude:
Production *
*
gallons.. 262, 446
Stocks, total *
gallons.. 295, 357
Refined:
E xports
gallons . _ 42, 458
.37
Price, wholesale, N.Y
dolls, per gaL.
Production *
gallons.. 181, 625
Shipments *
gallons-. 97, 697
Stocks, end of month *
gallons.. 444, 179
Methanol, synthetic:
Production...
gallons.. 860, 314
Shipments
gallons- 955, 301
Stocks, end of month
_gallons_, 1,178,525
Explosives:
Orders new
thous of Ib
Production
thous of Ib
Shipments
thous of Ib
Stocks end of month
thous of Ib
Sulphur and sulphuric acid:
Sulphur production (quarterly) long tons
Sulphuric acid (104 plants):
Consumed in prod of fertilizer short tons
Price, wholesale 66°, at works
dolls, per short ton.. 15.50
Production
short tons
Purchases:
From fertilizer mfrs
short tons
From others
short tons .
Shipments:
To fertiliser mfrs
short tons
To others
short tons..

8,679
8,172
5,016

7,000
6,633
4, 639

7,041
7,255
4,841

12, 365

13, 355

13, 140

7,391

5,278

6,014

9,084

8,229

9,012

9,149

10, 683

11, 684

18, 079

18 780

19 154

18, 020

16, 140

14, 782

15 922

16, 639

19, 186

19 094

20, 382

22, 230

13, 780

11,906

11,905

8,011

6,722

5,969

6,691

7,013

6,071

8,264

8,688

8,654

98, 872
477, 538

98, 108
329,507

188, 405
253, 055

290, 557
273, 701

303, 026
228, 867

312, 481
297, 163

256, 826
281, 484

268, 064
288, 198

174, 201
271, 914

184,921
253, 499

179, 368
317, 110

210, 709
285, 619

60, 123
.37
150, 686
145,724
247, 535

134 564
.37
102, 448
92, 220
257, 763

79, 714
.37
197, 534
159, 491
295, 806

83, 731
.37
140, 584
195, 065
241, 325

62,156
.37
173, 636
196, 786
218, 175

112, 122
.37
165, 860
59, 546
324, 489

62, 613
.37
117,236
90, 285
351, 440

233, 754
.37
124, 086
93, 848
381, 678

147, 338
.37
82, 846
105, 559
358, 965

59, 621
.37
95, 365
105, 578
348, 752

33, 100
.37
98, 131
131, 203
315, 680

93, 833
.37
153, 199
108, 628
360, 251

792, 641 697, 890 571,372 531, 635 643. 598 352, 748 324, 527 178, 232
461, 299 550, 862 958, 909 819, 251 587, 406 512,781 625, 484 665, 702
,682,607 3,829,635 3,442,098 3,154,482 3,210,674 3,050,641 2,749,684 2,262,214

425, 333
576, 646
,110,901

561, 918
366, 015 559, 002
732, 735
761, 369 830, 220
,715,547 1,444,329 1,273,512

15, 435
15, 804
14, 986
15, 307

15, 006
16, 005
15, 502
15, 711

14, 975
15, 781
15, 449
16 033

17, 607
17 903
18 956
15 187

20
19
20
14

867
557
152
548

22
22
23
14

6,277
4,917
3,468

122
624
Oil
213

19, 074
20 753
20 054
14 912

194 471

5,328
4,616
2,750

17, 998
17 930
17 807
15 020

4,519
3,614
1,839

17
17
17
15

3,758
3,909
1,988

129
777
520
545

15
16
16
14

437
008
424
935

3,900
4,147
2,230

3,654
3,682
2,256

5,170
5,099
2,483

17, 886
17, 271
18, 213
13 759

233, 233

116, 478

188, 607

4,662
4,890
2,570

4 818
4,915
2,349

52 272

53 259

74 813

99, 615

102 886

100 446

87 500

76, 573

71, 649

67, 162

a

53, 586

71, 372

15.60
58 345

15.50
61, 152

15.50
84 471

15.50
115, 684

15.50
119, 350

15.50
114, 618

15.50
99 825

15.50
79, 328

15.50
73, 900

15.50
90, 605

15.50
0
76, 530

15.50
98, 499

12,404
6,586

11 846
4,652

16 224
9,158

14, 702
13, 429

17 583
9,830

13 794
15,002

10 625
9,987

10, 309
8,544

12, 222
14, 487

7,311 « 10, 323
8,247 ° 13, 320

23, 043
16, 147

5,720
24, 380

7,139
23, 261

10, 920
23, 579

10, 165
22, 805

15 284
24, 363

14, 641
26, 538

14 063
21, 675

14, 439
19, 751

14, 065
23, 612

13, 194 « 14, 236
37, 278 0 30, 819

13, 251
38, 885

"39
52, 926
15, 234
36, 708
172
57, 530
26 208
0
4,063
23, 650

97
64, 701
32, 606
30, 005
374
88, 006
44 817
517
3 220
33, 534

98
67, 268
20 679
44, 204
50
91,619
42 831
13
9,506
30, 000

60
71, 724
13, 833
50, 299
65
85, 206
48, 627
4,887
4,888
24, 478

85
71, 136
18, 185
52, 314
73
47, 956
30 760
48
4,878
7,128

205
56, 163
8,829
44, 128
14
94, 313
55 281
405
5, 956
24, 968

298
59, 894
7 836
50, 143
80
90, 349
65 457
2,516
4 539
17, 998

825
85, 481
9,485
73, 165
55
97, 507
61, 535
106
5,814
21, 885

« 1,119
69, 580
4,239
63, 621
57
102. 204
70, 934
66
3,934
20, 537

1.270

1.295

1.295

FERTILIZERS
Consumption, Southern States
thous. of short tons..
Exports, total §
. .
long tons. _
Nitrogenous §
long tons _
Phosphate materials
long tons..
Prepared fertilizers
long tons..
Imports, total§
long tons—
Nitrogenous§
long tons
Nitrate of soda§
. long tons. _
Phosphates
long tons
Potash
long tons—
Price, nitrate of soda, 95 percent, N.Y.
dolls, per cwt —
Superphosphate, bulk:
Production. __
_
short tons..
Shipments to consumers
short tons
Stocks, end of month
short tons..
NAVAL STORES
Pine oil:
Production
_
gallons __
Rosin, gum:
Price, wholesale "B," N.Y... dolls, per bblReceipts, net, 3 ports
bbl. (500 Ib.)-Stocks, 3 ports, end of month.-bbl. (500 lb.)..
Rosin, wood:
Production
„ bbl. (500 lb.)._
Stocks, end of month
bbl. (5001b.)._
Turpentine, gum:
Price, wholesale, N.Y
dolls, per gal—
Receipts, net, 3 ports
bbl. (50 gal.)..
Stocks, 3 ports, end of month. bbl. (50 gal.)..
Turpentine, wood:
Production
_._
bbl. (50 gal.)-Stocks, end of month
bbl. (50 gal.) —

45
90, 433
8,628
79, 428
352
102, 028
34, 129
3,943
4, 603
56, 045

1.295

283, 152

235
60, 349
5,987
52, 479
104
101, 085
59, 561
8,431
3,486
22, 714

43
85, 534
7,625
71, 624
166
105, 083
72, 190
29, 921
5, 246
19, 107

1.633

1.220

1.240

1.295

1.295

1.305

1.345

1.345

1.315

112, 919
12, 275
868, 657

117, 175
80 779
853, 035

150, 018
47, 338
874, 042

209, 476 224, 794 227, 154 188, 631
13, 028
7,892
16, 188
31 561
979,903 1,076,520 1,089,429 1,066,567

167, 114
155, 402
897, 888

158, 890
265, 511
521, 297

177, 649
94,066
477, 497

130, 271
21, 508
514, 853

163, 953
17, 515
564, 657

189, 132

231, 115

195, 248

227, 273

186, 598

202, 929

184, 760

208, 133

215, 130

271, 014

3.28
63, 372
212, 526

4.10
110, 450
227, 022

4.30
121, 946
219, 882

5.16
123, 977
234, 578

199, 202

233, 286

4.96
113, 107
227, 943

3.41
99, 148
386, 664

3.65
83, 484
356, 985

3.55
75, 153
335, 301

3.44
76, 804
346, 908

3.01
71, 458
332, 613

2.89
35, 064
295, 859

2.89
30, 639
263, 270

2.89
35, 796
237, 350

42, 961
57, 010

31, 141
104, 990

31, 155
102, 422

33, 132
96, 367

31, 308
98, 048

29, 220
100, 053

31, 188
104, 771

25, 583
104, 223

26, 597
98, 615

24, 926
86, 406

31, 045
70, 934

35, 163
63, 058

41, 033
61, 785

.48
33, 237
74, 920

.42
27, 770
86, 467

.46
22, 811
82, 364

.46
19, 362
82, 503

.45
18, 125
91, 212

.42
15, 979
Ql, 971

.45
6,283
84, 096

.45
2,826
74, 894

.46
6,710
63, 679

.43
18, 176
59, 212

.47
32, 359
67, 117

.46
35, 549
64, 824

.51
35, 265
70, 451

6,779
5,496

4,861
6,930

5,020
7,054

5,202
8,312

5,454
10, 602

5,070
13, 112

4,975
14, 194

4,175
14,399

4,255
12, 387

3,831
10, 863

5,028
6,981

5,514
7,242

6,516
5,673

OILS, FATS, AND ANIMAL
BYPRODUCTS
Animal fats and byproducts (quarterly):
Animal fats:
171,011
Consumption, factory
thous. of Ib _
Production
thous of Ib
474, 719
240, 524
Stocks, end of quarter
thous of Ib
Animal glues:
Production
thous. of Ib
11,755
73, 954
Stocks, end of quarter
thous. of Ib
Gelatin, edible:
Production
thous of Ib
1 300
Stocks, end of Quarter
thous. of lb._
8.508
* New series. For earlier data see p. 20 of the April 1933 issue.
§ Data for 1932 revised. See p. 36 of the June 1933 issue.
° Revised.




18
81, 140
6,579
70, 789
250
81, 207
38, 490
5,308
2,949
38, 053

149, 864
570, 199
235, 326

I

138, 652
598, 610
283, 313

173, 578
641, 744
375, 650

4,937
10, 751

3,180
9,822

14, 085
72, 856
3 511
9.107

37

SURVEY OF CURRENT BUSINESS

October 1933

1932
Monthly statistics through December 1931, 1933
together with explanatory footnotes and references to the sources of the data, may be found
Decem- January FebruOctober Novemin the 1932 Annual Supplement to the Survey August August September
ber
ary
ber

1933
March

April

May

June

July

CHEMICALS AND ALLIED PRODUCTS—Continued
OILS, FATS, AND ANIMAL BYPBODUCTS-Contmued
Animal fats and by-products— Continued
Greases:
Consumption, factory . .
thous. oflb._
50, 047
74, 640
Production
thous. of Ib
Stocks end of quarter
thous. of Ib _
69, 162
Lard compounds and substitutes:
276, 916
Production
thous. of Ib
24, 480
Stocks, end of quarter - . thous. of lb__
Fish oils (quarterly) :
38, 943
Consumption, factory
. thous. of lb__
36, 722
Production .
._
thous. of lb__
195, 886
Stocks end of quarter
thous. of Ib _
Vegetable oils and products:
Vegetable oils, total:
Consumption, factory (quarterly)
thous. of Ib
506, 351
444
2,029
Exports
thous. of lb-_
867
5,516
Imports§
...
thous. of lb_. 84, 938 55, 978 43, 971 41, 085
Production (quarterly)
thous. of lb__
418, 363
Stocks, end of quarter:
538, 909
Crude
thous. of Ib
532, 231
Refined
thous. of lb__
Copra and coconut oils:
Copra:
Consumption, factory (quarterly)
short tons..
42, 067
Imports
_ ..
short tons.. 31, 783 14, 482 16, 397 23, 362
Stocks, end of quarter
short tons.
9,448
Coconut or copra oil:
Consumption, factory:
130, 032
Crude (quarterly)
thous. of lb__
Refined, total (quarterly)
thous. of lb__
62, 380
10, 425
In oleomargarine
thous. of lb__
9,621
11,920
9,442
Imports
thous. of lb._ ~~ 22,727' 15, 698 17, 335
Production (quarterly) :
53, 015
Crude
thous. of Ib
Refined
_
thous. of lb_.
57, 350
Stocks, end of quarter:
145, 339
Crude
- thous. of lb__
13, 004
Refined
thous. of Ib
Cottonseed and products: t
Cottonseed: f
Consumption (crush)
short tons 233, 223 «152, 826 873, 033 711, 236
Receipts at mills .
..short tons.. 232, 646 «118, 409 968, 757 1,258,516
Stocks at mills, end of month.short tons.. 220, 306 "265, 607 666,877 1,214,157
Cottonseed cake and meal: t
12, 622
25,702
3,030
Exports*
short tons.. 2,231
Production.
. - short tons.. 106, 632 °70, 907 256, 555 319, 695
Stocks at mills, end of month-short tons.. 178, 853 •98, 714 201, 421 308, 788
Cottonseed oil, crude: t
Production
thous. of lb_. 70, 878 «46,012 173, 198 218,949
Stocks, end of month
thous. of lb_. 58, 826 "29, 177 103, 100 133, 875
Cottonseed oil, refined:
Consumption, factory (quarterly)
thous of Ib
283 700
1,241
1,292
In oleomargarine
thous. of lb_.
1,270
Price, summer yellow, prime, N. Y.
dolls, per lb_.
.045
.045
.052
.040
Production t
thous. of lb_. 58, 090 «39, 780 81, 183 165,906
Stocks, end of month f
thous. of Ib.. 640, 607 "525, 697 503, 199 581, 583
Flaxseed and products:
Flaxseed:
Imports, United States
thous. of bu__ 1,781
603
20
437
Minneapolis and Duluth:
2,845
Receipts
. thous. of bu_. 1,075
2,486
1,548
519
1,427
Shipments
thous. of bu_.
1,700
156
Stocks, end of month
thous. of bu_. 1,117
1,565
3,265
2,109
Oil mills:
Consumption, quarterly.thous. of bu__
3,739
Stocks, end of quarter thous. of bu.
2,663
Price, no. 1, Minn
dolls, per bu_.
1.01
1.13
1.88
1.11
Production, crop estimate. thous. of bu._ «7, 009
Stocks, Argentina, end of month
thous. of bu
7,087
5,906
3,937
Linseed cake and meal:
Exports
_
-thous. of Ib.. 58, 686 19, 372
5,923
22, 116
Shipments from Minneapolis
thous. of lb_. 6,199 12,960 14, 338 11, 367
Linseed oil:
Consumption, factory (quarterly)
thous. of lb__
51, 575
Price, wholesale, N.Y
dolls, per lb_.055
.061
.063
.105
Production (quarterly)
thous. of lb._
68, 503
Shipments from Minneapolis
thous. of lb._ 4,864
4,752
4,849
7,257
Stocks at factory, end of quarter
thous. of Ib..
97, 496
Lard compound:
Price, tierces, Chicago*
dolls, perlb..
.069
.074
.066
.071
Oleomargarine:
Consumption (tax-paid withdrawals)
thous. of lb_. 19, 227 15, 020 16, 211 19, 391
Price, standard, uneolored, Chicago
dolls, per lb_.
.095
.093
.095
.095
Production
thous. of lb_.
16, 016
17, 128
19, 528
«As of Sept. 1.
/As of Dec. 1.
t For revisions of the year ended July 1932, see p. 20 of the February 1933




3,961
50, 631

48, 575
80, 058
72, 013

44, 889
79 411
71, 894

59, 535
89 974
75, 634

225, 932
26, 265

203, 564
25, 020

245, 010
21, 792

36, 817
28, 682
197, 290

29, 741
18, 197
181,374

41, 795
6,602
149, 105

837, 087
6,356
66, 191
798, 395

7,406
75, 298

6,627
40,237

575, 970
763, 781

25, 049

11,936
14, 912

56, 959
26, 772
28, 084

660, 362
4,697
69, 913
600, 825

2,357
55, 039

2 243
82, 720

664, 447
839, 933

18,009

27, §66

59 225
14,852
24 571

127, 640

120 207

67, 701
12, 234
26, 110

69 426
13, 498
29, 651

13, 434
28, 136

10, 706
13, 148

701, 039
1,234
87, 056
432, 308

1 744
65, 624

488, 679
769, 898

15, 754

24, 895

62, 805
27, 257
23, 779

46, 581

141, 082
12, 788
20, 210

12, 272
32, 677

72, 476
8,715
29, 776

70, 819
59, 847

76 028
61 785

79, 942
68, 389

120, 928
14, 227

138 551
14 382

138, 024
16 815

10, 750
13, 026

673, 397 483, 290 419, 354
892, 182 381, 139 300, 753
1,432,942 1,328,607 1,211,440

440, 333
198, 291
969, 398

368 336
148 382
749, 164

249, 267
95, 100
594,997

219 024
71,921
447, 894

171, 669
40, 659
316, 764

161 560
65 679
220, 883

18, 430
302, 815
367, 661

28, 698
216, 133
366, 626

21, 941
190, 943
342, 565

23, 873
198, 762
332, 624

5,039
167 464
286, 197

4,564
115, 602
221, 453

5,373
100, 631
207, 175

50
79, 975
197, 902

961
74 237
160, 631

208, 238
147, 746

151,315
143, 835

130, 699
146, 688

139, 178
159, 060

116, 668
161, 246

80, 163
122, 517

73, 324
81, 279

56,347
63, 759

51, 745
52, 444

1,378

229, 799
1,519

1,467

1,274

209 942
1,408

1,382

1,491

262 648
1,379

1,274

.037
187, 047
670, 558

.035
133, 618
730,492

.036
112, 212
759, 730

.035
113, 517
802, 125

.037
107, 938
807, 376

.040
97, 615
804, 201

.050
107, 508
779, 447

.056
70, 512
737, 849

.064
57, 450
676, 163

384

914

368

570

732

221

806

1,056

1,391

729
1,340
1,200

434
293
1,210

399
393
1,023

101
126
1,026

107
153
950

179
235
1,037

524
267
912

641
334
960

244
254
875

4,998
3,121
1.09
1 11, 787

1.16

1.10

4 365
1 646
1.13

1.28

1.43

1.06

4,268

854

1.72

2.05

3 937

5 512

5 512

5 512

6 299

6 693

8 268

7 087

4 724

17, 797

14, 753

26, 690

22,799

17,291

20, 518

17, 676

26, 862

38, 382

8,411

8,576

8,297

6,410

8,693

9,564

10, 799

7,792

8,651

.067

43, 833
.069
90, 987

.073

.072

39, 021
.075
79, 595

.078

.087

76, 975
.094
79, 035

.108

2,510

4,108

3,462

4,405

8,152

8,770

7,855

5,861

4,007

121, 775

141, 105

86, 926

.063

.060

.059

.059

.060

.063

.073

.075

.077

20, 048

18, 269

22, 920

15, 498

23, 106

18, 358

19, 578

15, 578

18, 929

.095
19, 166

.095
20,-142

.095
21, 023

.080
17, 246

.077
21, 387

.081
20, 439

.094
20, 031

.095
15, 530

.095
18, 406

issue.

* New series. Earlier data not published.
§ Data for 1932 revised. See p. 37 of the June 1933 issue.

38

SURVEY OF CURKENT BUSINESS

1933
Monthly statistics through December 1931, 1933
together with explanatory footnotes and references to the sources of the data, may be found
Decem- January
October Novemin the 1932 Annual Supplement to the Survey August August September
ber
ber

October 1933
1933

February

March

April

May

June

July

CHEMICALS AND ALLIED PRODUCTS—Continued
PAINTS
Paints, varnish, and lacquer products: #
Total sales (588 estab.)
thous. of dolls. _
Classified (315 estab.)thous. of dolls..
Industrial
thous. of dolls _.
Trade
thous. of dolls
Unclassified (273 estab.)
thous. of dolls..
Plastic, cold-water paints, and calcimines:
Sales:
Calcimines
. dollars _
Plastic paints
_
dollars..
Cold-water paints
dollars..
PYROXYLIN PRODUCTS
Rods:
Production*
.
thous. of lb._
Shipments*
.thous. of Ib _
Sheets:
Production*
thous. of Ib
Shipments*
thous. of lb_Tubes:
Production*
thous. of lb_.
Shipments*
thous. of lb__
ROOFING
Dry roofing felt:
Production
short tons
Stocks end of month
short tons
Prepared roofing, shipments:
Total
thous. squares
Grit roll
-. thous. squares..
Shingles (all types)
thous. squares
Smooth roll
thous. squares..

16, 032
10, 770
3,851
6,919
5,263

16, 806
11, 198
3,981
7,217
5,608

15, 592
10, 607
3,997
6,610
4,986

13, 260
8,796
3,599
5,197
4,464

10, 128
6,730
3,223
3,507
3,398

11, 946
7,694
3,530
4,164
4,252

12, 346
8,184
3,417
4,767
4,161

14, 436
9,174
3,385
5,799
5,253

20, 343
13, 319
4,672
8,647
7,025

27, 574
17, 805
6,053
11, 752
9,768

102, 299
64, 229
54, 028

117,732
68, 485
48, 150

113, 493
65, 529
47, 344

68, 098
129, 064
42, 228

65, 660
50, 170
30, 756

60, 047
74, 379
37, 214

75, 988
104, 789
42, 320

99, 810
86, 440
44, 159

116, 523
88, 071
61,314

181, 543
114, 546
84, 241

142
126

155
163

135
188

144
154

72
105

76
119

81
102

65
91

105
132

163
127

540
691

802
941

940
1,007

839
818

713
787

635
753

597
688

535
687

594
804

984
955

14
25

29
33

33
47

26
52

18
27

14
29

23
26

18
33

26
27

33
37

18, 474
4,078

22, 781
3,717

17, 778
3,706

9,450
4,662

7,604
4,827

5,460
4,864

11, 100
5,146

14, 168
4,959

16, 477
4,454

20 741
3,701

19 678
5,472

20 313
3 908

2,837
672
707
1,457

3,103
764
878
1,461

2,573
630
656
1,287

1,202
271
192
739

621
141
118
362

840
191
113
535

1,694
348
323
1,022

2,731
525
522
1,685

2.267
522
470
1,275

2,804
691
672
1,441

2,026
552
435
1,039

2 700
662
617
1,421

152 678
113 739
83, 287

ELECTRIC POWER AND GAS
ELECTRIC POWER
Consumption, industrial, for power purposes.
(See Business Indexes.)
Fuel consumed in production of electrical
energy. (See Fuels.)
Production, total f
mills, of kw.-hrs..
By source:
Fuels
mills, of kw.-hrs__
Water power
mills, of kw.-hrsBy type of producer:
Central stations
mills, of kw.-hrs..
Street railways, manufacturing plants, etc.
mills, of kw.-hrs
Sales of electrical energy:
Sales to ultimate consumers, total
(N.E.L A.)
mills, of kw.-hrs..
Domestic service
mills, of kw.-hrs__
Commercial —retail
mills, of kw.-hrs.Coinmprcial —wholesale mills, of kw.-hrs
Municipal and street lighting
mills of kw.-hrs
Railroads:
Electrified steam
mills, of kw.-hrs.. -Street and interurban mills of kw -hrs
Gross revenue from sales of energy (Electrical
World)
thous. of dolls
Revenues from ultimate consumers
(N E L A )
thous. of dolls -

--

0

6,764

6,752

7,073

6,952

7,149

6,932

6,286

6,674

6,462

4,179
2,585

4,316
2,436

4,351
2,722

4,087
2,865

4,377
2,772

3,982
2,950

3,651
2,635

3,664
3,010

3,368
3,094

a

6,328

6,315

6,609

6,513

6,670

6,535

5,922

6,265

6,059

a

436

437

464

439

479

397

364

409

403

422

5,045
838
1,016
2,617

5,238
911
1,055
2,698

5,326
984
1,065
2,653

5,423
1,076
1,117
2,578

5,345
1,131
1,125
2,383

5,373
1,206
1,121
2,343

5,026
1,074
1,044
2,248

4,878
1,004
984
2,221

4,988
980
984
2,423

175

183

199

207

217

234

211

196

7, 000

« 7, 231

7,463

3,603
3, 396

" 4, 206
« 3, 025

4,637
2,826

6, 578

a

6, 792

7,008

439

455

5,237
907
969
2,772

5,603
889
997
3,159

5,760
867
1,013
3 310

179

167

143

150

53
318

55
314

54
304

56
302

42
311

41
305

45
331

46
350

50
382

49
361

50
348

55
361

152, 020

159, 040

165, 410

169, 730

171, 880

171, 370

158, 620

151, 920

151, 420

149, 950

153, 590

140, 256

145, 976

151, 551

156, 862

157, 561

160, 279

149, 768

142,487

142, 512

141, 163

143, 368

143, 212

10, 155
9,616
46
485
25, 608
19, 519
177

10, 203
9,659
49
488
28, 213
21, 899
219

10, 159
9,606
58
487
30, 335
22, 990
794

10, 038
9,484
62
484
30, 186
21, 338
2,030

10,002
9,445
63
486
31, 824
21, 641
3,244

9,907
9,356
61
482
32, 324
21, 937
3,424

9,879
9,328
62
481
30, 949
20, 714
3,395

9,853
9,305
61
478
30, 655
20,821
3,216

9,824
9,279
61
476
30, 459
21, 103
2, 576

9,826
9,281
58
479
29, 937
21 481
1,449

9, 848
9,313
51
478
28, 483
20, 999
473

9 891
9,359
45
481
26, 129
19 026
221

GAS

Manufactured gas:*
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 Revenues from sales to consumers
thous. of dolls .
Domestic
thous. of dolls..
House heating
_
thous. of dolls
Industrial and commercial ..thous. of dolls.Natural gas:*
Customers, total
thousands-Domestic
thousands
Industrial and cOTnmfircial thonsands ,_
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 dolls..
Domestic
-- -- thous. of dolls
Industrial and commercial thous. of dolls. .

5,778

5,949

6,372

6,632

6,737

6,778

6,661

6,438

6,607

6,864

6,886

6,763

29,687
24, 220
163
5,208

32, 405
26, 727
198
5,375

34, Oil
27, 612
632
5,650

33, 022
25, 596
1,458
5,845

34, 134
25, 802
2,213
5,990

34, 288
25, 929
2,292
5,945

32, 872
24, 608
2,289
5,841

32, 509
24, 551
2,166
6,667

32, 435
25, 020
1,787
5,516

32, 205
25, 422
1 014
5,649

31, 246
25, 251
370
5, 531

28, 825
23, 224
193
5,321

5,420
4,972
446
48, 549
8,034

5,427
4,980
446
52, 615
8,509

5,453
4,996
455
60, 001
13, 541

5,486
5,020
464
73, 280
21, 625

5,499
5,032
466
88, 716
35, 325

5,470
5,003
465
90, 047
40, 477

5,503
5,011
491
86 262
34, 998

5,470
4,986
482
80, 289
33, 153

5,430
4, 955
473
73 188
28, 182

5,444
4 972
470
62 095
20 687

5,391
4 945
444
56 339
13, 348

5,362
4 916
445
54 040
9 168

39, 935

43, 651

45, 283

50, 558

52, 175

48, 777

50, 337

46r 361

44, 423

40 640

42 479

44 244

16, 501
8,823
7,600

17, 469
9,243
8,147

20, 720
11, 607
8,964

25, 907
15, 464
10, 245

33, 407
21, 784
11, 455

35, 709
24, 450
11, 130

33, 936
22, 250
11, 487

30, 858
20,201
10, 530

27, 322
17 562
9,655

23, 359
14 664
8 604

19, 817
11 253
8,482

17, 403
8 996
8,313

# Since March 1932 detailed figures are not strictly comparable owing to changes in firms reporting.
* New series. For earlier data see p. 19 of the January 1933 issue (pyroxylin products) and p. 19 of the May 1933 issue (gas),
t For revised data for year 1932 see pp. 38 and 56 of the May 1933 issue.
° Revised




SURVEY OF CURRENT BUSINESS

October 1933
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

1933
August

39
1933

1932
Decem- January] ™?'
October NovemAugust September
ber
ber

March

April

May

June

July

FOODSTUFFS AND TOBACCO
DAIEY PKODUCTS
Butter:
Consumption, apparent*
.thous. of lb._ 142,668 « 152, 400 141, 715
.21
.20
.21
Price, N.Y., wholesale (92 score) dolls, perlb..
Production (factory)f
thous. of lb._ 166,884 149, 625 127, 386
52, 082
43, 022
Receipts, 5 markets
_thous. of lb__ 63, 877
Stocks, cold storage, creamery, end of month
89,490
thous. of Ib.. 175, 187 107, 259
Cheese:
44, 885
Consumption, apparentf.
thous. of lb._ 39, 212 «45,079
3,100
1,079
Imports
. tbous. of lb__
4,665
.14
.14
.14
Price, No. 1 Amer. N.Y
dolls, per Re52, 371
48, 077
production (factory) t
..thous. of lb__ 49, 927
34, 796
31, 510
American whole milkf
thous. of lb._ 39,651
12, 771
14, 856
Receipts 5 markets
thous. of lb__ 12, 656
Stocks, cold storage, end" of monthf
thous. of lb._ 108, 007
79, 847
81, 406
66, 721
68, 555
American whole milkf
thous. of lb._ 94, 385
Milk:
Condensed and evaporated:
Production:f
Condensed (sweetened)
thous. of lb_. 15, 704
16,346
18,398
Evaporated (unsweetened) #
thous. of lb__ 149, 757 158, 780 132, 617
Exports:
542
342
Condensed (sweetened)
thous. of lb._
570
2,394
Evaporated (unsweetened). thous. of lb__
2,725
2,574
Prices, wholesale, N.Y.:
4.72
Condensed (sweetened) -dolls, per case..
4.73
4.68
Evaporated (unsweetened)
dolls, per case..
2.70
2.25
2.25
Stocks, manufacturers, end of month:
Condensed (sweetened):
Bulk goods
thous. of lb._ 10 607
12, 308
10, 541
18, 672
Case goods
thous. of lb__ 16, 428
20, 537
Evaporated (unsweetened):
Case goods..
thous. of lb._ 176, 946 190,912 176, 197
Fluid milk:
Consumption in oleomargarine
thous. of Re3,792
4,054
production, Minn, and St. Paul
thous. of lb_. 25, 984
22, 381
21, 945
Receipts:
Boston, incl cream
thous. of qt__
18, 354
19, 799
Greater New York
thous. of qt__
118, 806 115, 727
Powdered milk:
192
316
256
Exports
thous. of lb._
11,312
Orders net, new
thous. of lb_. 11 437
10, 426
24, 918
Stocks, infgrs. end of mo
thous. of lb._ 13, 704
21, 785
FRUITS AND VEGETABLES
Exports, fruits and preparations. (See Foreign trade.)
Apples:
Production, crop estimate
thous. of bu._ •149, 408
Shipments, car lot
carloads1 538
1,641
8,457
Stocks, cold storage, end of month
thous. of bbl..
1,974
Citrus fruit, car-lot shipments
carloads..
6,305
5,621
5,948
1 792
Onions, car-lot shipments
.carloads1,419
3,610
Potatoes:
Price, white, N.Y .
dolls, per 100 lb._ 2 305
.921
.913
Production, crop estimate
thous. of bu_. '293, 585
Shipments, car lot .
. carloads. 10 555 ~"§^277" "12^738"
GRAINS
Exports, principal grains, including flour and
2 749
meal
thous. of bu
8 524
6 098
Barley:
Exports, including malt
thous. of bu_.
437
995
1,028
Price, no. 2, Minn
dolls, per bu._
.58
.32
.31
Production, crop estimate
thous. of bu__ •159, 339
5,531
Receipts, principal markets *__ thous. of bu._
6,037
4,631
Visible supply, end of month.. thous. of bu.. 14, 069
4,616
6,625
Corn:
Exports, including meal
.thous. of bu__
438
697
312
Grindings
thous. of bu._
5,165
5,981
Prices, wholesale:
No. 3, yellow (Kansas City) .dolls, per bu._
.33
.29
.50
No. 3, white (Chicago)
dolls, per bu._
.53
.32
.30
Production, crop estimate
thous. of bu__ '2,284,799
Receipts, principal markets
thous. of bu._ 13, 543
14, 300
19, 391
Shipments, principal markets .thous. of bu._ 14, 659
5,280
11, 177
Visible supply, end of month._thous. of bu_. 57, 747
15,065
19, 545
Oats:
Exports, including oatmeal
thous. of bu_.
172
531
1,218
Price, no. 3, white (Chicago) dolls, per bu_.
.36
.17
.17
Production, crop estimate
thous. of bu__ •687, 647
Receipts, principal markets
thous. of bu_. 19, 978
22, 446
9,715
Visible supply, end of month. .thous. of bu__ 44, 746
29,042
27, 259
Rice:
Exports §
pockets 100 Ib
73 077 134, 463 101 676
Imports
pockets 100 Ib . 30, 368
2,378
5,428
Price, wholesale, head, clean, New Orleans
.031
dolls, per lb_.
.022
.020
Production, crop estimate
thous. of bu__ • 35, 182

141, 933
.21
121,819
39, 720

138, 524
.23
109, 790
40, 714

134, 106
.24
120, 841
43, 074

128, 678
.20
127, 076
50, 828

122, 655
.19
119, 212
44, 750

129, 093
.18
129, 379
50, 672

133, 645
.21
135, 371
48, 072

160, 871
.23
187, 205
65, 023

128, 815
.23
200, 712
73, 116

66, 828

37, 207

22,043

17,833

11, 580

9,255

9,398

35, 159

106, 378

45, 529
6,300
.13
45, 755
29, 267
13, 329

41,432
6,609
.13
39, 293
23, 601
12, 505

41, 194
4,845
.13
37, 716
22, 819
11, 405

39, 871
3,070
.12
31, 387
23, 815
10, 768

40, 549
3,545
.11
29, 480
22, 124
9,981

43, 817
2,892
.11
34, 073
26, 186
12, 725

45, 273
3,891
.12
36, 281
29, 578
12, 728

56, 740
5,527
.15
56, 116
43, 422
16, 037

40, 835
6,862
.15
64, 359
51, 142
13 989

45, 499
3 440
.15
57 813
46, 209
16 993

78, 274
66, 813

73, 916
62, 392

68, 714
57, 749

63, 321
53, 532

55, 731
46,992

48, 806
41, 625

43, 626
37, 321

48, 481
41, 336

78, 715
67, 456

« 94, 291
° 82, 771

133, 123
.25
177, 638
64, 057
a

150, 934

19, 452

14, 699

16, 575

15, 178

12, 715

14, 580

15,947

21, 363

19, 496

14, 805

120, 173

106, 184

112,816

112, 209

104, 658

141, 090

172, 178

203, 685

220, 655

179, 668

583
2,833

522
2,601

592
3,036

506
3,129

526
2,629

475
2,893

562
3,290

482
2,122

333
3,147

330
3,305

4.68

4.68

4.68

4.68

4.68

4.68

4.68

4.68

4.70

4.73

2.25

2.25

2.56

2.55

2.42

2.03

2.19

2.55

2.60

2.63

8,334
16, 302

7 505
14, 673

7,427
12, 234

6,488
9,524

5,573
7,831

5 453
5,935

6 076
5,310

8 455
9,860

12 947
14, 996

o 11 437
° 16, 932

146, 204

139,957

100, 092

107, 154

101, 085

50, 571

36, 975

48, 127

104, 088

0

131, 980

4 646

4 485

4,736

5,039

3,988

5 041

4 858

4 814

3 773

4 426

24, 571

26, 727

31,705

34, 903

32,457

36, 718

34, 908

37, 821

36,342

29, 395

18, 571
113, 877

17 589
107, 768

17, 725
108, 829

17, 848
109, 567

16, 364
102, 264

18 266
112, 525

17 591
109, 550

19 409
121, 759

18 876
118, 690

19 235

178
10 089
20, 004

291
8 982
18, 505

225
10 207
18, 326

183
7,877
17, 473

179
7,789
16, 389

160
9 55Q
14, 997

248
10 251
13, 354

192
12 132
13, 695

225
12 910
13, 040

205
a 11 237
"13,303

23 459

10 666

' 140, 775
6 030

6 278

5 875

4 999

2 830

1 964

1 083

1 420

8,827
6,694
3 371

9,811
11, 022
2 084

6,703
13, 566
2 311

4,138
12,287
2 252

2,894
13 624
2 431

1, 567
12 813
2 456

590

14, 047
2 740

12 345
1 727

7 487
1 145

.910

1 061

1 101

1 417

2 371

~~I4,~2§6~ ""ll~704"

8 176

10 075

1,244
.29

1,353
.31

8,513
13, 277
1 657

1 257
1 254
1 258
1 250
1 290
' 357, 679
11 944 "l6~570~ ~~16 359" ~~24~481~ ~~18~005~

17 908 ~~21~302~ "ll"834

5 715

4 826

3 569

4 172

2 803

3 176

3 210

4 220

1,121
.26

449
.25

1,113
.30

648
.40

785
.45

858
.43

836
.64

3,272
7,151

940
.29
/ 299, 950
2,724
2, 914
7,633
8,242

1,787
8,685

1,203
8,496

1,683
8,320

5,055
8,414

8,780
10, 809

5,091
11, 701

6,280
11,633

1,915
5,856

2,320
5,569

699
5,167

155
5,758

583
5,022

371
5,830

187
7,117

713
8,862

453
5, 473

581
6,511

.24
.25

.24
.25

.22
.23
'2,875,570
12, 644
11, 552
9,318
6,486
27, 534
30,724

.23
.24

.22
.23

.26
.26

.33
.36

.39
.44

.40
.45

.52
.57

12,715
3,750
33,793

12, 641
3,602
35,006

9,885
4,991
36, 120

16, 623
11,776
32, 463

26, 464
16, 718
38, 362

33, 742
15,111
49, 187

46, 223
23, 594
63, 456

24, 516
12, 444
28,252
566
.15

5,421
28, 532

406
.15

525
.15
'1,238,231
3,189
3,745
27, 316
26, 310

237
.15

360
.15

582
.17

210
.22

153
.25

163
.30

155
.39

4,352
26, 220

4,236
25, 434

4,767
23,983

8,191
22, 228

11, 791
23, 695

12, 159
28, 173

16,542
34, 598

163 347
6,287

176 704
21 381

211 802
20, 102

153 549
31 872

152 025
23 837

166 291
28* 704

157 °35
2l' 635

69 816
20 047

71 573
16 913

163 348
20 345

.021

.020

.020
/ 39, 356

.019

.019

.021

.022

.026

.026

.029

* New series. For earlier data see p. 20 of the November 1932 issue (barley) and p. 19 of the June 1933 issue (butter).
# Bulk evaporated milk not included since December 1931.
» As of Sept. i. / As of Dec. 1. • Revised.
t Revised series. For earlier data see p. 19 of the April 1933 issue (American whole milk and total cheese stocks) and p. 20 of the January 1933 issue for year 1931.
For 1932 revisions for butter, factory cheese, American whole milk cheese, condensed and evaporated milk see p. 39 of the September 1932 issue.
§ Data for 1932 revised. For revision see p. 39 of the June 1933 issue.




SURVEY OF CURRENT BUSINESS

40

1933
Monthly statistics through December 1931, 1933
together with explanatory footnotes and references to the sources of the data, may be found
Decem- January
in the 1932 Annual Supplement to the Survey August August Septan- Lctober November
ber

October 1933
1933
^j?1"

March

A pril

May

June

July

FOODSTUFFS AND TOBACCO— Continued
GRAINS-Continued
Rice— Continued
Receipts, southern paddy, at mills
thous. ofbbl. (1621b.)_.
171
Shipments to mills, total
thous. of pockets (100 lb.)_.
431
87
New Orleans.—thous. of pockets (lOOlb.)..
Stocks, domestic, end of month
thous. of pockets (100 lb.)._
671
Rye:
2
Exports, including
flour
thous. of bu_.
.72
Price, No. 2, Minneapolis
dolls, per bu._
Production crop estimate
tbous. ofbu-. « 23, 116
Receipts, principal markets* _ -thous. of bu._ 1,143
Visible supply, end of month* thous. of bu-- 11,998
Wheat:
Exports:
Wheat, including flour thous. of bu_. 1,700
21
Wheat only
.
-. thous. of bu_.
Value, wheat and flour. (See Foreign
Trade.)
Prices, wholesale:
No. 1, Northern, Spring, Minn,
.94
dolls, per bu_.
No. 2, Red, Winter, St. Louis
.92
dolls, per bu__
.90
No. 2, Hard, Winter, K.C__ dolls, per bu_.
Weighted average, 6 markets, all grades
.92
dolls, per bu..
Production, crop estimate, total
•
506,
557
thous. of bu
Spring wheat
thous of bu « 166, 202
•
340,
355
Winter wheat .
-thous. of bu._
Receipts
thous, of bu._ 26, 748
Shipments
thous. of bu._ 13, 729
Stocks, visible supply, world. -thous. of bu._
Canada
-thous. of bu_. ~191~545~
United States
thous. of bu._ 149, 732
Stocks, held by mills (quarterly)
thous. of bu._
Wheat flour:
Consumption (computed) t---thous. of bbl._
362"
Exports
thous. of bbl__
Grinding of wheat
thous. of bu._ 31, 037
Prices, wholesale:
7.14
Standard Patents, Minn... dolls, per bbl__
Winter, straights, Kansas City
6.05
dolls, per bbl._
Production:
Flour, actual (Census)
thous. of bbL. 6,753
Flour, prorated, total (Russell's) f
thous. of bbl._
Offal
-thous. of lb__ 551,370
40
Operations percent of total capacity
Stocks, total, end of month (computed)
thous of bbl
Held by mills (quarterly) thous. of bbl__

293

843

1,606

1,186

706

687

747

821

1,032

628

257

112

621
96

694
83

957
90

988
97

834
83

838
67

750
48

1,058
72

1,102
19

821
54

565
49

554
50

1,040

1,856

1,225

1,915

2,177

2,107

2,013

2,036

1,833

1,650

1,381

937

1
.34

1
.34

29
.32

1
.31

2
.31
/ 40, 409

0
.33

1
.32

1
.35

3
.43

2
.52

17
.62

6
.83

1,458
0,052

991
8,700

587
8,485

423
8,030

610
7,993

608
7,934

286
7,790

546
7,688

1,269
8,006

5,211
8,806

2,573
10, 501

1,689
11, 273

5,613
3,899

4,226
2,479

4,422
2,656

5,995
3,714

3,549
1,728

3,313
1,793

2,176
729

2,105
456

1,754
194

1,523
14

1,719
16

1,391
29

.58

.58

.54

.49

.48

.50

.49

.53

.63

.74

.80

1.08

.63
.48

.54
.48

.50
.45

.47
.43

.46
.42

.50
.44

,49
.44

.55
.48

.69
.60

.81
.70

.82
.76

1.01
.98

.55

.55

.51

.49

.46

.48

.48

.53

.64

.73

.78

1.00

27, 238
17, 540
528, 700
224, 678
190, 310

17,584
23,464
525, 800
231, 342
177, 025

'726.283
/264 604
/461, 679
13,859
13, 604
592, 670
233, 592
168, 958

12,814
8,375
643, 550
228, 647
158, 228

9,869
7,481
620, 400
223, 439
148, 426

12, 729
10, 246
577, 600
225, 360
136, 724

15, 753
13, 421
522, 330
215, 204
125,934

23, §16
17, 258
475, 380
196, 581
118, 546

28, 598
15, 822
458, 610
197, 665
124, 973

37, 172
17, 527
459, 660
193, 879
135, 493

a 10, 338
376
42,880

a 9, 239
483
39, 841

a 9, 192
387
38, 007

« 9, 281
324
36, 949

« 8, 247
308
33, 133

« 8, 144
351
40, 705

« 9, 056
332
42, 560

« 9, 942
321
40, 392

40, 732
19, 648
423, 600
108, 522
188, 238

38, 410
21,313
497, 500
179,122
193, 931

154, 037

116,910

147, 095

131, 854

a 9, 634
365
41,417

a 9, 413
372
43, 015

4.16

4.14

3.92

3.72

3.74

3.80

3.71

4.03

4.54

3.24

3.21

3.00

2.84

2.85

3.00

2.75

3.04

3.48

9,005

9,395

9,382

8,719

8,323

8,077

7,216

8,867

8,298

a 10, 082 0 10, 530 a 10, 514
731, 368 752, 259 762,369
53
57
60

a
9, 772
691, 984
55

0
9, 328 a 9, 055
660,411 646, 950
51
52

a 8, 573
572, 587
50

« 9, 255
709, 357
53

a 9, 128
745, 950
59

4 900

5,660
3,718

5,400

5 155

5 900
4,245

o 5 700

0

5 750

5 500
4,012

4 940

« 8, 455
362
39, 487

10, 322
290
« 38, 288

4.86

5.38

7.55

4.03

4.13

6.11

8,777

8,577

8, 275

" 9, 963 « 9,417
711, 463 696, 558
52
54

9, 375
680, 822
53

5,700
2,993

4,463

5 100

LIVESTOCK AND MEATS
Total meats:
993
1,095
1,042
1 163
1,002
1,014
1,030
1 107
a 1,051
1 096
1 088
1,061
919
Consumption apparent
mills of Ib
Exports, value of meats and fats. (See Foreign Trade.)
Production (inspected slaughter)
1,052
mills, oflb.. 1,164
1,059
1,172
1,106
1,314
955
1,059
1,239
1,019
1,240
1,185
1,038
Stocks, cold storage, end of month total
749
mills, oflb.. 1,101
544
513
620
780
1,049
a 1, 146
751
751
865
637
717
42
37
45
51
65
45
35
43
47
46
40
75
73
IVTiscellaneous meats
mills of Ib
Cattle and beef:
Beef and veal:
Consumption, apparentthous. of lb._ 473, 221 364, 867 404, 826 380, 576 357, 250 331, 693 371, 847 343, 608 373, 610 376,913 432,849 434, 366 a 423, 174
1,135
969
927
1,657
1,130
943
1,561
Exports§
-. . thous. of lb__ 1,689
796
1,164
1,018
844
1,344
Price, wholesale:
Beef, fresh native steers, Chicago
.097
.124
.144
dolls, per Ib—
.143
.136
.092
.098
.106
.105
.094
.113
.094
.094
Production, inspected slaughter
thous. of Ib-. 475, 679 360, 441 404, 123 389, 873 361, 405 332, 357 365, 532 338, 763 370, 562 372, 635 430, 356 436, 508 426, 689
Stocks, cold storage, end of month
thous. of lb-_ 48, 482 24, 376 25, 909 36, 036 41, 029 42, 870 39, 550 36, 015 33,781 30, 658 30, 538 35, 136 « 41, 823
Cattle and calves:
Movement, primary markets:
1,171
1,543
1,161
Receipts
.. thous. of animals-. 1,657
1,689
1,896
1,606
1,318
1,136
1 449
1 558
1,296
1 456
962
924
689
786
829
Slaughter, local
thous of animals
916
824
847
725
1 068
959
1 006
953
Slaughter, inspected. (See Leather and
leather products.)
735
866
494
386
Shipments, total
thous. of animals..
773
656
471
407
456
603
534
489
460
479
Stocker and feeder. -thous. of animals. .
390
377
210
152
97
280
129
213
152
150
193
111
Price, wholesale, cattle, corn fed, Chicago
8.09.
5.44
dolls, per 1001b._
8.96
7.00
5.77
5.09
8.73
5.16
5.52
6.32
6.32
6.36
6.50Hogs and products:
Hogs:
Movement, primary markets:
Receipts
thous. of animals
2,505
2,691
2,775
3,121
2, 405
3,381
2,699
2,638
2,798
3,917
3 143
3 361
2 871
Slaughter, local
thous. of animals.. 2,957
1,739
1,830
1,921
1,881
2,396
1,658
2,167
1,896
2,084
2,412
2,621
2, 136
Slaughter, inspected. (See Leather
and leather products.)
855
739
Shipments, total thous. of animals..
761
891
959
975
803
715
856
714
718
737
736
21
21
23
Stocker and feeder.. thous. of animals..
26
20
24
29
41
20
29
38
46
55
4.12
3.64
4.23
Price, heavy, Chicago—dolls, per 100 lb._
3.37
3.06
2.94
3.41
3.92
3.94
3.75
4.57
4.58
4.5&
0
Revised.
« As of Sept. 1.
/ As of Dec. 1.
* New series. For earlier data see p, 20 of the November 1932 issue
§ Data revised for 1932. For revision see p. 40 of the June 1933 issue.
t Data revised from July 1931. See p. 19 of the August 1933 issue.




October 1933

SURVEY OF CURRENT BUSINESS

Monthly statistics through December 1931, 1933
together with explanatory footnotes and references to the sources of the data, may be found
in the 1932 Annual Supplement to the Survey August

41

1932

1933

Decem- January FebruAugust SeptemOctober November
ary
ber
ber

March

April

May

June

July

FOODSTUFFS AND TOBACCO— Continued
LIVESTOCK AND MEATS-Continued
Hogs and products— Continued
Pork, including lard:
Consumption, apparent
thous. of lb._ 632,622 579, 170 628, 785 646, 527 631, 229 631, 981 634, 850 523,896
Exports, total
thous. of lb__ 49, 240 42, 815 53, 500 62, 827 47, 358 59, 558 88, 713 65, 761
Lard ._
..
thous. of lb._ 35, 714
34, 973 44, 789
53, 573 35, 897 49, 919 78, 137 57, 773
Prices:
.132
.141
.118
Hams, smoked, Chicago dolls, per lb_.
.126
.108
.108
.137
.107
Lard:
.060
,055
.054
.053
.042
.046
.046
Prime contract, N.Y
dolls, per lb__
.048
.068
.062
.069
.055
.052
.051
Refined, Chicago*
dolls, per Re.065
.066
production, inspected slaughter, total
thous. of lb__ 631,418 536, 291 571, 476 607, 951 643, 777 789, 467 819, 244 628, 937
Lard
thous. of lb__ 129,045 102, 679 105, 696 112, 063 128, 446 163, 864 175, 438 131, 985
Stocks, cold storage, end of mo.
thous. of Ib... 977, 341 679, 453 568, 909 467, 958 433, 644 531, 938 627, 925 667, 503
Fresh and cured
thous. of lb_. 753, 134 578, 876 498, 253 433, 548 403, 898 490, 850 575, 084 609, 321
29, 766 41, 088 52, 841 58, 182
Lard..
_._
thous. of lb_. 224, 207 100, 577
70, 656 34,410
Sheep and lambs:
Lamb and mutton:
58,415 62, 129 60, 447
53, 421 50, 030
54, 482
51,720
Consumption, apparent
thous. of lb_. 56, 759
Production, inspected slaughter
thous. of lb_. 56, 666
53, 366 49, 910 53, 761 51, 400
58, 713 62, 823 61, 449
Stocks, cold storage, end of mo.
1,490
2,904
thous. of lb_.
1,305
2,974
2,767
2,029
1,983
1,683
Movement, primary markets:
2,752
1,914
Receipts
thous. of animals..
2,919
2,203
1,795
3,239
3,265
1,657
1,249
1,020
Slaughter, local.. _„
thous. of animals..
1,447
1,107
919
1,083
1,330
1,340
Slaughter, inspected. (See Leather and
leather products.)
1,509
776
1,892
820
1,457
1,900
1,145
749
Shipments, total
thous. of animals..
347
82
501
Stocker and feeder
thous. of animals..
460
535
803
196
108
Prices, wholesale:
1.88
1.75
1.56
1.75
1.88
1.63
1.50
1.75
Ewes, Chicago
dolls, per 100 lb_.
5.44
5.53
5.03
5.03
5.05
Lambs, Chicago .
dolls, per 100 lb_. 6.81
5.17
5.38
Poiiltry and eggs:
Eggs:
951
1,035
853
605
1,050
988
Receipts, 5 markets
thous. of cases..
738
618
Stocks, cold storage, end of month:
8,941
163
5,960
3,225
1,199
75
Case
thous. of cases
4,895
159
Frozen
thous. of lb._ 102, 488 92, 967 84, 187 74, 314 64, 150
65, 339 46, 448 40, 450
Poultry:
74, 866 30, 153 21, 975
21, 751 24, 739
32, 140
73, 950
Receipts, 5 markets
-thous. of lb_. 23, 966
Stocks, cold storage, end of mo
thous. of lb._ 47, 753 30, 305 36, 683 54, 9S9 91, 118 111,642 104,833 88, 675
TROPICAL PRODUCTS
Cocoa:
Imports
long tons
Price spot, Accra, N.Y
dolls, per lb._
Shipments, Gold Coast and Nigeria
long tons..
Coffee:
Clearances from Brazil, total . thous. of bags..
To United States
thous. of bags..
Imports into United States. -thous. of bass,.
Price, Rio no. 7, N.Y
..dolls, per lb._
Receipts at ports, Brazil
thous. of bags_Stocks, world total, incl. interior of Brazil
thous. of bags..
Visible supply, total excl. interior of Brazil
thous. of bags..
United States
thous. of bags
Sugar:
Raw sugar:
Cuban movement:
ExDorts
long tons
Receipts at Cuban ports
lona tons
Stocks, total, end of month
thous. of long tons..
United States:
Meltings, 8 ports t
long tons
Price, wholesale, 96° centrifugal, New
York
_ _ dolls, per Ib
Receipts:
From Hawaii and Pto. Rico.Jong tons..
Imports §
_ _ _
.long tons
Stocks at refineries, end of mo.f
long tons..
Refined sugar:
Exports, including maple §
long tons__
Price, retail, gran., N.Y
dolls, per lb_.
Price, wholesale, gran., N.Y. dolls, per lb_.
Shipments, 2 ports
_ _ _ . long tons
Stocks, end of month, 2 ports.. Jong tons..
Tea:
Imports
._
..thous. of Ib..
Price, wholesale, Formosa, fine, N.Y.
dolls, per lb._

561, 356
58, 351
47, 661

596, 651 615, 825
50, 639 56, 154
38, 741 46, 038

605, 893 « 576, 467
51,112
52, 093
36, 200
37, 941

.114

.116

.121

.128

.135

.048
.055

.049
.058

.066
.073

.066
.071

.073
.074

623, 747
127, 436

677, 378
139, 066

750, 898 823, 375
150, 410 171, 519

707, 530
148, 330

671,914
610, 240
61, 674

702, 255
630, 360
71, 895

781, 442 946, 980 "1,027,581
670, 553 760, 730 a 808, 322
110, 889 186, 250 a 219, 259

57, 790

56, 419

<* 51, 054

58, 368

54, 569

58, 456

54, 556

50, 862

57, 939

56, 397

1,818

1,773

1,843

1,807

« 1, 594

1,844
1,099

2,097
1,152

2,402
1,319

2,091
1,167

2,226
1,106

747
65

948
107

1,081
125

912
100

1,103
108

1.75
5.38

1.88
6.18

1.88
6.10

2.16
7.28

1.83
7.20

1,639

2,280

2,502

1,576

1,152

1,833
45, 090

4.857
62, 944

8,062
85, 323

9,364
« 9, 507
103, 019 « 107, 660

17, 879

18, 617

23, 123

24, 086

22, 121

67, 285

45, 824

38, 131

42, 705

« 44, 970

23, 884
.0548

7,989
. 0475

20, 212
.0488

19, 642
.0428

19, 730
.0408

19, 873
.0383

25, 181
.0367

22, 853
.0358

14, 471
.0370

20, 324
.0388

14, 801
.0450

18, 097
.0480

18, 198
.0550

23, 865

10, 808

9,481

22, 220

34, 486

52, 183

51, 234

29, 577

25, 349

17, 739

18, 028

19, 613

17, 832

1,329
627
1,128
.076
1,565

612
301
601
.085
814

798
385
782
.094
926

1, 339
657
923
.088
1,155

894
390
935
.082
1,196

962
403
945
.084
1, 785

1,303
784
911
.083
1,315

1,117
655
1,083
.085
1,401

1,245
678
1,109
.082
1,792

1,116
597
922
.078
1,588

1,197
625
1,187
.082
1,631

1,366
716
977
.076
1,543

1,586
745
865
.076
1, 440

(t)

(t)

31,828

31,612

31, 005

29, 819

28, 956

27, 282

26, 089

24, 233

23, 095

22, 394

6,634
1,006

5,152
643

4,975
596

5,415
624

5, 287
584

5,508
562

5,154
545

5,296
714

5,778
703

5,888
735

5,754
821

6,140
735

6,418
747

291,832
141, 147

84, 873
76, 992

114, 282
76, 727

98, 478
64, 693

94, 103
62, 549

2,825

2,637

2,386

361, 308 411,361

358, 713

2,213

2,195

2, 038

1,838

1, 653

1,535

1,444

2,062

2,911

2,882

408, 918

352, 650

400, 486

280, 791

232, 828

212, 808

215, 768

224, 948

342, 037

345, 677

.035

.032

.031

.032

.030

.029

.027

.028

.030

.031

.033

.034

.035

99, 100
169, 933

141, 275
326, 859

107,743
220, 721

87, 802
151,139

46, 544
139, 146

37, 213
136, 805

86, 809
170, 779

125, 149
163, 821

170, 909
258, 951

227, 499
308, 660

185, 062
305, 753

164, 316
261, 516

176, 296
312, 112

369, 780

393, 734

313, 670

256, 180

193, 899

152, 131

147, 879

200, 163

281, 051

367, 515

426, 714

448, 183

498, 052

4,062
.052
.046
67, 208
42, 018

2,788
.048
.041
75, 990
38, Oil

2, 526
.048
.042
51, 423
39, 327

3, 538
.049
.041
46, 070
39, 560

2,969
.049
.042
77, 390
66, 431

2,616
.049
.041
88, 589
71, 385

2, 470
.049
.039
83, 876
59, 315

2,768
.047
.038
94, 278
65, 767

3,325
.048
.041
52, 654
26, 046

2,854
.048
.042
66, 774
25, 605

3,090
.049
.044
76, 163
32, 826

3,625
.049
.045
62, 279
36, 513

3,513
.054
.046
59,718
38, 928

11, 575

8,004

9,405

9,353

10, 364

9,817

9,038

5,705

6,635

7, 067

7,295

5,846

8,909

.175

.175

.175

.175

.175

.175

.175

.175

.175

.175

.175

.175

.175

MISCELLANEOUS PRODUCTS
19, 734
18, 104
15, 506 14, 852
15, 033
15, 561 11, 844
10, 717
Candy sales by manufacturers._thous. of dolls.. 16, 286
14, 076 21, 255 21, 219 20, 613
Fish:
Landings, fresh fish, principal ports
thous. of lb_.
31, 817 31, 265 33, 069
18, 653 14, 038 17, 270 22, 325 24, 158 28, 426 30, 297 22, 231
28, 784
1,014,716 1,098,118 501, 737 281, 139 395, 267 282, 104 631, 818 516, 749 378, 682 477, 019 301, 645
Salmon, canned, shipments
cases
Stocks, total, cold storage, 15th ot month
51, 345 59, 209
63, 167 62, 168 55.749 45, 756 35, 469 25, 855 19, 335
thous. of lb._ 44, 850
19, 646 25, 711
33, 231
t Missing data not available.
« Revised.
* New series. Earlier data not published.
J Data for 1932 revised. For revisions for full year 1932 see p. 41 of the June 1933 issue.
t For revised data for year 1932 see p. 41 of the May 1933 issue.




42

SURVEY OF CURRENT BUSINESS

Monthly statistics through December 1831, 1933
together with explanatory footnotes and references to the sources of the data, may be found
in the 1932 Annual Supplement to the Survey August August

October 1933

1932

1933

Decem- January
^rm- October November
ber

Se

February

March

April

May

June

July

38, 725
9,910

38, 713
4,285

20, 251
2, 669

18, 523
1,502

30, 621
1,880

FOODSTUFFS AND TOBACCO—Continued
TOBACCO
Leaf:
24, 257
42, 419
Exports §
. thous. of Ib . 24, 503
1, 606
1,695
Imports, unmanufactured
thous. of Ib—
1,614
Production, crop estimate
thous. of lb__ «1,361,745
Stocks, total, including imported types
(quarterly)
mills, of Ib _
2,095
Flue-cured, fire-cured, and air-cured
mills, of Ib
1,606
"
"'
Cigar types
. - .mills, of Ib .
403
Manufactured products:
Consumption (tax-paid withdrawals):
9,559
9,311
Small cigarettes
_._
millions.. 11, 189
Large cigars
thousands.. 434, 821 401, 143 405, 419
Manufactured tobacco and snuff
thous. of Ib— 32, 942
31, 303
31, 693
171,439 204 493 227 354
Exports cigarettes
thousands
Prices, wholesale:
4.851
6.042
Cigarettes
dolls, per 1,000..
6.042
48. 685
49. 135
Cigars
..dolls, per 1,000.. 46. 062

59, 103
2,247

47, 180
4,950

31, 842
4,147
'1,015,512

28 403
16, 392

25, 796
7,397

2 145

2 278

2, 098

1 679
383

1 785
389

1. 599
399

8,351
436, 832

7, 614
419, 173

7,319
254 135

8,622
296 640

7, 854
287 430

7,974
290, 111

7,973
321, 207

12, 823
371, 373

12, 4C3
4 IS, 570

9,526
400, 511

28, 847
159 743

28, 000
140 081

24, 116
216 297

27, 786
207 980

24, 446
146 038

27, 456
238 126

28, 847
131 016

31, 838
197 603

32, 358
142 109

28, 782
?0/' 360

6.042
48. 685

6.042
48. 685

6.042
48. 685

5.292
48. 685

4.961
46. 062

4. 851
46.082

4. 851
46. 062

4. 851
46. 062

4. Sol
46. 062

4.851
46. 062

80

60

38

31

83

102

FUELS AND BYPRODUCTS
COAL
Anthracite:
Exports
thous. of long tons
Prices:
•
Retail, composite, chestnut
dolls, per short ton..
Wholesale, composite, chestnut #
dolls, per short ton..
Production
thous. of short tons..
Shipments
thous. of short tons..
Stocks, in storage ._ . thous. of short tons..
Stocks, in yards of dealers, end of month
no of days' supply
Bituminous:
Consumption:
Coke plants
thous. of short tons,.
Electric power plants f
thous of short tons
Railroads
thous of short tons
Vessels, bunker
thous. of long tons..
Exports
thous. of long tons..
Price, retail composite, 38 cities
dolls, per short ton..
Prices, wholesale:
Composite, mine run.dolls. per short ton..
Prepared sizes (composite)
dolls, per short ton..
Production
.
.thous. of short tons...
Stocks, consumers, end of month
thous of short tons. _

99

82

12.65

13.28

13.52

13.58

13.60

13.65

13.61

13.53

13.48

13.00

12. 25

12.00

12.26

9.648
10. 541
4, 396 1 3,465
3, 942 I 3,050
977 1 2,250

10. 774
4,108
3, 664
2,263

10. 909
5,234
4,758
2, 261

10. 932
4,271
3,881
2,164

10. 921
5,089
4,512
1,732

12. 228
3,807
3,326
1,236

12. 228
4,275
3,782
792

10. 874
4, 519
3 866
511

10. 095
2,891
2,461
457

9.616
2, 967
2, 508
435

9. 341
3, 928
3,512
533

« 9. 542
3,677
3,212
736

60

42

34

46

32

42

112

112

92

89

67

53

4,346

2,190

2,303

2,618

2,658

2,729

2,708

2,502

2,554

2,469

2,854

117
953

2 517
4, 057
109
858

2 558
4,375
100
833

2 610
5 096
98
1,012

2 480
4,769
93
948

2 678
5 080
83
453

2 492
4,682
59
337

2 294
4 492
63
311

2 305
4 481
58
287

2 074
4,248
65
435

o 2 196
4 354
103
722

1

a

3,329

4,164

2 481
4, 357
106
806

2 781
4 659
118
983

7. 77

7.52

7.54

7.60

7.59

7.51

7.46

7.45

7.43

7.37

7.17

7.18

7.64

3.690

3. 617

3.596

3.613

3.597

3.582

3.566

3.555

3.549

3.503

3,497

3.500

« 3. 571

3.726
33, 910

3.554
22, 489

3.568
26, 314

3.643
32, 677

3.657
30, 632

3.642
31, 110

3.614
27, 060

3.598
27, 134

3.581
23, 685

3.416
19, 523

3.416
22, 488

3.400
25, 320

3. 548
29, 482

27, 504

30, 038

29, 666

29, 046

23, 843

22, 486

1

a

23, 250

COKE
Exports
-thous. of long tons..
Price, furnace, Connellsville
dolls, per short ton..
Production:
Beehive
thous. of short tons..
Byproduct
thous. of short tons..
Petroleum
thous. of short tons..
Stocks, end of month:
Byproduct plants
thous. of short tons..
Petroleum refinery
thous of short tons

73

87

60

63

51

27

21

22

23

14

46

56

62

2.91

2.08

2.08

2.05

1.91

1.88

1.88

1.81

1.75

1.75

1.75

1.84

2.50

71
2,923

41
1,474
150

46
1,544
150

68
1,739
155

81
1,752
147

96
1,786
150

82
1, 785
95

84
1,639
107

93
1, 666
147

47
1,656
138'

47
1,921
145

50
2,241
154

68
2,797
154

2,915

4,221
1,515

4,223
1,484

4,028
1 434

3, 857
1,393

3,515
1, 330

3,308
1,236

2,831
1,172

2, 703
1, 149

2,847
1, 149

2, 975
1, 176

2,947
1, 185

2,846
1 149

PETROLEUM ANI> PRODUCTS
Crude petroleum:
65, 504
74, 619
67, 984
68, 822
74, 340
66, 093
61, 042
67, 271
63, 913
66, 698
65, 998
Consumption (run to stills) ... thous. of bbl._
3,803
1,963
2,831
2,369
2,910
2, 206
2, 143
1,862
1, 893
2,455
2,746
Imports
thous. of bbl . "~3,~673~
.860
.380
.380
.380
.860
.860
.530
.505
.276
.315
.860
.745
Price, Kansas-Oklahoma
dolls, par bbL.
63, 384
75, 302
65, 313
82, 841
63, 998
84, 747
66, 220
65, 036
65, 219
61, 029
58, 044
Production
thous. of bbl—
63
63
61
72
60
60
67
61
60
69
Refinery operations
pet. of capacity-61
Stocks, end of month:
California:
95, 322
94, 554
95, 322
95, 367
95, 765
95, 590
95, 349
94, 895
95, 048
95, 457
95, 933
Heavy crude and fuel oil. -thous. of bbl._
40, 264
39, 297
39, 958
39, 909
38, 722
39, 998
39, 340
39,516
37, 537
40, 149
40, 367
Light crude
thous. of bbl..
301,
331
290,
404
289,
342
295,
349
289,
933
305,
709
293,
278
297,
166
303,
260
309,011
307,
523
East of California, total
thous. of bbl. _
47, 568
46, 797
48, 889
47, 100
48, 997
43, 287
40, 507
39, 329
47, 902
50, 839
50, 220
Refineries
thous. of bbL.
242,
545
253,
763
243,
304
240,
936
265,
724
245,
376
246,
460
253,
040
267,
018
266,
380
246, 327
Tank farms and pipe lines thous. of bbl _
485
486
855
472
639
1,145
913
825
793
444
372
Wells completed
..
. .number. .
Mexico:
1,398
1,940
1,595
1,776
1,372
1,509
1,290
1,577
1, 403
1, 867
Exports
thous. of bbL.
2,641
2,825
2,961
2,890
2,547
2,514
2, 570
2,463
3,008
2,886
2,893
2,805
Production
thous. of bbL.
Venezuela:
9,582
9.624
7,794
8,377
9,104
10, 076
8,124
8, 087
8,661
9, 340
8,222
Exports..
thous. of bbl— 10, 146
8,834
9, 945
8,767
9,430
9,171
9,309
9,699
9,058
9,133
8,803
9,262
Production
thous. of bbl— 10, 309
Refined products:
Gas and fuel oils:
Consumption:
a
ffl
674
652
625
649
580
755
731
703
727
780
897
Electric power plants!
thous. of bbl—
2,699
2, 7S5
3,019
2,882
3, 345
2,703
3,077
2,809
2,948
2,898
2,926
Railroads
thous. of bbl ..
2,763
2,702
2,779
2,813
2, 916
2,751
2,826
2, 726
3,066
3,350
Vessels bunker
thous. of bbl
3,070
3, 179
Price, fuel oil, Oklahoma, 24-26 refineries
.563
.425
.363
.470
.556
.475
.331 I
.415
.425
.325
.444
.356
dolls, per bbl—
t For revised data for year 1932, see p. 42 of the May 1933 issue.
# Price converted to short-ton basis.
§ Data for 1932 revised For revisions for full year of 1932 see p. 42 of the June 1933 issue
• Revised.
« As of Aug. 1.
f As of Dec. 1.




79, 525
3,411
.460
84, 387
73
95, 335
36, 625
306, 969
48, 304
258 665
548
« 2, 951
9, 636
10, 052

0

1,027
2,891
2 896

.415

October 1933

SURVEY OF CURRENT BUSINESS

Monthly statistics through December 1931, 1933
together with explanatory footnotes and references to the sources of the data, may be found
in the 1932 Annual Supplement to the Survey August

43

1932

1933

: Decem- January FebruAugust SeptemOctober November
ber
ber
ary

March

April

May

June

July

FUELS AND BYPRODUCTS—Continued
PETROLEUM AND P&ODUCTS-Con.
Refined products— Continued
Gas and fuel oil — Continued
Production:
Residual fuel oil*
thous of bbl
Gas oil and distillate fuels*
thous of bbl
Stocks:
Residual fuel oil, east of California*
thous. of bbl
Gas oil and distillate fuels, total*
thous. of bbl
Gasoline:
Consumption
thous. of bbl
Exports
thous. of bbl
Exports, value. (See Foreign Trade.)
Price, wholesale:
Drums, delivered, N.Y dolls, per gal__
Refinery, Oklahoma
dolls, per gal-Price, retail, service station, 50 cities
dolls per gal
Production:
At natural gas plants
thous. of bbl „_
At refineries
thous of bbl
Retail distribution (41 States) t
mills, of gal_Stocks, end of month:
At natural gas plants
thous. of bbl
At refineries
thous. of bbl__
Kerosene:
Consumption
_thous. of bbl_
Exports
thous of bbl
Price, 150° water white, refinery, Pa.
dolls, per gal._
Production
__
thous. of bbl
Stocks, end of month
thous. of bbl..
Lubricating oil:
Consumption..
thous. of bbl._
Price, cylinder oil, refinery, Pa.
dolls, per galProduction
thous. of bbl_.
Stocks, refinery, end of month
thous of bbl
Other products:
Asphalt:
Imports..
thous. of short tons.Production thous. of short tonsStocks, refinery, end of month
thous. of short tons..
Coke. (See Coke.)
Wax:
Production
thous. of lb__
Stocks, refinery* end of month
thous. of Ib

17 793

17 403

17 113

18 068

18 491

18 578

17 156

19 246

19 145

20 010

20 556

21 572

5 519

5 665

6 382

5 582

5 980

6 885

6 451

6 845

5 751

6 108

6 271

7 295

26, 829

26, 000

23, 494

21, 874

19, 928

18 911

18 069

17, 714

17 230

17 763

17, 374

17,941

16, 971

17, 905

18, 495

16 775

14, 110

12 683

11 549

11, 557

11 390

12 890

14, 980

17 760

1,550

35, 207
2,260

33, 645
2 569

32 255
2 213

30, 294
2 356

27, 191
1 830

26, 442
2 251

23 312
1 729

28, 227
1 829

30 176
3 024

33, 999
1 955

37, 710
2 154

34, 458
3 029

.165
.041

.139
.050

.150
.046

.144
.047

.153
.046

.151
.037

.135
.028

.135
.026

.135
.026

.143
.023

.145
.026

.149
.037

.105
.048

!

.137

.125

.130

130

125

116

115

116

116

308

131

2,819
32 883

2,793
30 908

2,924
33 212

2,855
32 072

2,888
31 254

2,876
30 508

2,543
27 676

2,771
31 577

2, G74
31 921

2,776
34 611

2,669
35 428

1,057

997

975

858

801

768

690

810

884

o 969

1,074

616
36, 700

586
32, 806

576
32, 207

478
32, 720

449
35, 404

539
37, 691

651
35, 652

752
36, 882

814
35, 881

9°6
33, 757

873
30, 582

950
30, 142

2,279
998

2,581
1 081

3 115
944

3 621
970

3 149
630

3 656
872

3 274
615

2 975
629

2 Q25
691

3 005
598

3 115
349

2 041
846

.044

.049
3,497
6,247

.048
3,449
6,018

.048
3 463
5,465

.048
3 801
4,672

.048
4 097
4,974

.049
4 363
4,794

.048
3 691
4,574

.048
3 877
4,827

.047
4 046
5, 280

.045
4 146
5,761

.044
4 126
6,404

.044
4 272
7,785

951

932

1,143

1,115

1,042

859

1,101

1,143

1, 390

1, 624

1,646

1,630

.179

.177
1,587

.159
1,648

.108
1,713

.131
1 644

.133
1 625

.133
1 827

.119
1 621

.113
1 794

.116
1 871

.134
2 114

.149
1 846

.169
1 965

7 965

8 182

8 289

8 245

8 375

8 796

8 812

8 712

8 330

8 167

7 734

7 199

1
232

1
239

1
229

1
177

1
141

3
102

0
95

3
124

0
152

299

1
247

1
265

298

292

248

280

276

272

294

304

306

298

288

278

620

2

2, 769
36 576

38, 920

36, 680

31, 360

33, 320

35, 000

36, 680

28, 000

36, 400

37, 800

40, 600

38, 640

36, 120

206, 461

200, 581

188, 637

180 441
'

163 628

160 240

147 849

136 785

Y>4 997

124 770

112 614

98 536

29, 292
4,606
10 432
3,' 759
5,909

38, 996
6, 353
14, 887
7^184
7,412

50, 103
6,500
24 836
8^579
7, 756

LEATHER AND PRODUCTS
HIDES AND SKINS
Imports, total hides and skins§_ .thous. of lb._ 50, 828
5,492
Calf and kip skins
thous. of lb__
Cattle hides
thous. of Ib . 26, 374
8,733
Goatskins
thous. of lb._
Sheep and lamb skins
thous. of Jb__
8,320
Livestock, inspected slaughter:
Calves ... .
thous. of animals .
416
Cattle
thous. of animals__
840
Hogs
thous. of animals. . 3, 477
1,532
Sheep
_
thous. of animals
Prices, wholesale:
Packers, heavy native steers, Chicago
dolls, per lb_.
.150
Caifskins, No. 1 country, Chicago
dolls, per lb_.
.190
LEATHER
Exports:
Sole leather
thous. of lb._
167
Upper leather§
__thous. of sq. ft.. 4,917
Production:
Calf and kip*
thous. of skins..
Cattle hides*
thous. of hides..
Goat and kid*
thous. of skins..
Sheep and lamb*
thous. of skins
Prices, wholesale:
Sole, oak, scoured backs (Boston)
dolls, per Ib..
.40
Upper, composite, chrome, calf, black,
"B" grade
dolls, per sq. ft..
.348

8, 617
2,691
1,238
2,009
1,625

8,545
3,337
985
2,106
1,011

16, 700
2,829
6, 871
4,183
1,464

21, 777
3,099
6,636
3, 677
5, 585

18, 046
2,350
4,776
5,303
3,653

14, 728
2,591
3 288
4^795
2,127

12,916
1,987
2, 545
4, 266
2,688

14, 256
1,816
3, 127
5,454
2,090

17, 516
3,445
4, 463
6, 222
1, 150

362
633
1,579
2,970

366
718
3,252
1,667

389
694
3,605
1,601

376
627
3,778
1,388

327
567
4,584
1, 264

345
612
4, 700
1, 332

317
569
3, 647
1, 250

398
617
3, 602
1, 413

426
616

476
717

441
751

3, 847
1 409

401
752

4, 286
1 505

4 626
1 490

3 914
1 399

.122

.137

,066

.081

.073

.065

.055

.054

.048

.052

.062

.098

.063

.076

.082

.068

.061

.066

.061

.066

.076

.121

155
4,715

137
6,162

130
5,807

222
5,748

137
5,276

134
4,484

86
5,071

162
6,005

108

123

4,541

88

5, 192

175

4,876

6, 404

1,232
1,082
3,379
2,170

1,180
1,272
2,571
2,907

1,126
1,325
2,651
4,002

946
1,330
2,835
3, 212

894
1,311
3,205
1, 797

839
1,276
3,431
1,897

871
1,233
3,320
2, 163

920
1,303
3,451
2 123

822
1, 175
2,770
1 847

1,051
1,406
3, 120
3 305

1,384
1, 489
3! 925
3, 997

1, 393
1. 413
4,' 133

. 153

.174

4 , 90S
&£&

.27

.28

.29

.28

.26

.25

.23

.23

.23

.29

.34

.243

.250

.252

.250

.242

.235

.233

.236

.241

.281

.314

.330

251 036

907
/y/, PQ7
oy/

on
A 4ol
/t o 1
294,

. 37

LEATHER MANUFACTURES
Gloves and mittens:
Production (cut), total
. _ dozen pairs
156, 121 223, 879 294, 668 269, 609 181, 693 142, 476 152, 378 166, 375 190 893
:
Dress and street
dozen pairs
77, 989 104, 471 132, 222 128, 020 70, 608 53, 152 72, 106 83 188 101 9S7
Work
dozen pairs. _
78, 132 119, 408 162, 446 141.' 589 111.' 085 89! 324 80! 272 83! 187 88! 906
« Revised.
* New series. For earlier data see p. 20 of the February 1933 issue (gas and fuel oil) and p. 19 of tba June 1933 issue (leather).
t For revised figures for year 1932 see p. 43 of the May 1933 issue.
§ Data revised for 1932. For revisions for full year 1932, see p. 43 of the June 1933 issue.




191 AQA
8Q. 2X2

i / i , "iy-i

1 50, 455
147 949

142, 508
151 Q73

SURVEY OF CURRENT BUSINESS

44

Monthly statistics through December 1981, 1933
together with explanatory footnotes and references to the sources of the data, may be found
in the 1932 Annual Supplement to the Survey August August

October 1933
1933

1932
Septem- October Novem- Decem- January Februber
ber
ber
ary

March

April

May

June

July

LEATHER AND PRODUCTS—Continued
LEATHER MANUFACTURES-Contd.
Shoes:
Exports
thous. of pairs80
Prices, wholesale:
Men's black calf blucher,
Boston.
-dolls, per pair5.35
Men's black calf oxford, lace,
4.23
St. Louis
_
dolls, per pairWomen's colored calf, Goodyear welt, ox3.77
ford, averagedolls, per pairProduction, total—.
thous. of pairs- p 37, 560
Men's
thous. of pairsBoys' and youths'—
thous. of pairsWomen's
thous. of pairsMisses' and children's
thous. of pairs.
Slippers, all types
thous. of pairsAll other footwear
thous. of pairs.

58

67

74

70

5.75

5.75

5.75

5.50

5.50

3.85

3.85

3.85

3.85

3.85

3.35
30,785
6,822
1,613
13,670
2,598
3,426
2,656

3.35
33,885
7,886
1,846
13,644
3,023
4,688
2,798

3.35
33, 070
8,044
1,997
11,213
3,020
5,929
2,867

3.35
25,149
6,917
1,810
5,470
2,284
6,405
2,263

3.30
20, 096
5,397
1,513
5,938
1,976
3,255
2,017

3.25
22, 717
5,763
1,442
9,283
2,482
1,368
2,378

76

35

41

71

71

57

5.50

5.50

5.50

5.50

5.50

3.85

3.85

3.85

3.85

3.85

3.25
26,384
6,092
1,448
11,360
2,879
1,852
2,752

3.25
28, 576
6,837
1,532
11, 608
3,081
2,399
3,119

63

51

3.85

4.08

3.25
27,630
6,217
1,607
10, 726
2,985
2,583
3,512

3.27
3.35
32,965 »34,861
8,362 « 9, 040
1,932
1,683
11, 950 »12, 061
3,226
3,248
3,525 « 4, 340
4,197 « 4, 262

3.45
* 33, 661
8,328
1,993
12, 551
3,052
4,484
3,253

89, 304

94, 525

95, 235

5,430

7,515
60 199

« 6, 681
62 345

5.15

LUMBER AND MANUFACTURES
LUMBER
Exports, all types*
M ft.b.m..
Retail movement:
Retail yards, Ninth Fed. Res. Dist.:
Sales..
M ft.b.m—
Stocks end of month
IVI ft.b.m
Retail yards, Tenth Fed. Res. Dist.:
Sales
M ft.b.m..

78, 192

55, 163

65, 267

79, 639

62, 637

68, 322

70, 582

49, 626

67, 719

75, 185

4,808

6,904

6,703

6,484

64 344

63 216

60 992

58, 329

55 911

1,916
54 295

1,685
54 292

1,237
54 949

1,952
56 253

57 227

2,124
29, 208

2,319
30, 247

2,429
29, 294

2,411
28, 683

1,785
28, 324

1,281
28, 105

1,615
27, 371

1,530
27, 214

1,662
27 031

28 029

28 059

28 365

29, 034

M ft.b.m—
. - _ M ft.b.in—
M ft.b.m-.

2,643
5,388

2,893
4,022

3,179
5, 102
1,545

1,920

1,390

1,588

1, 155

1,501

2,452

3,942

5,195

_M ft.b.m..

1,736
1,590
19, 413

1,359
1,496
19, 261

784
1,318
18, 712

736
1,246
18, 483

3 899
1,078
2 097
17, 238

5,141
1,650
2,715
16, 129

3,485

1,624
1,902
19, 119

4, 384
14, 590

4 994
3,761
4 326
14, 228

,, „ ,
M ft.b.m-. M ft.b.m..
M ft.b.m..
M ft.b.m..
M ft.b.m..

3,238

9,369

9,654

22, 645

15, 568

13, 499
17, 581
15, 888
17, 723
37, 176

13, 924
17, 693
13, 676
42, 806

6,730

3,678
2,026

58 122

2,506

2,534

2,326

Flooring
Maple, beech, and birch:
Orders:
New
_
Unfilled^ end of month
Production
Stocks, end" of month
Oak:
Orders:
New
Unfilled end of month
Production
Shipments
Stocks, end of month.

-

4, 252

4,793

3,968

4,269

3,432

1,083

3,206

3,420

17, 171

1,067
2,816
20, 212

19, 145

1,718
2,031
19, 025

12, 858
14, 567
18, 446
12, 793
60, 946

16, 508
12, 599
11, 008
11, 626
53, 067

13, 506
13, 359
11, 087
11, 739
53, 729

10, 371
14, 259
10, 574
10, 657
50, 418

4,241
12, 945
8,136
5,918
53, 138

11, 766

4,164
11, 556
5,501

14, 636

7,616
15, 095

54, 752

4,433

5,784
6,074

55, 200

55, 171

114
265
59
102
2 4Q8

2,234

154
275
68
135
2 417
2 141

113
256
68
128
2 323

2,066

101
246
68
105
2 260
2,015

68
252
49
75
2 217
1,965

79
238
60
86
2 166
1,928

90
230
60
86
2,118
1,888

73
538
466

75
523
448

65
481
416

65
460
395

65
451
386

52
440
388

76
661
585

76
634
559

69
624
554

61
608
547

53
600
547

1,538
7,138

933
11, 536

526
10, 968

8,729

1,396

3,386

2,402

5,926
4,327

4,959
7,573

22,418

5,535
2,832

9,445

52, 130

7,553
9,479

50, 190

12, 464
14, 549
48, 073

98
226
64
98

(i)
0)
(i)

1,832

146
247
71
120
1 982
1,735

0)
0)

233
264
135
229
1,826
1,562

51
425
374

52
411
358

59
392
332

0)
(1)
0)

68
356
288

71
614
543

73
594
521

67
584
517

69
563
494

(1)

85
538
453

4,519
9,351

6,647
8,892

7,432

4,914
14, 372

5,553

7,382

8,941

16, 353

26, 690

26, 280

24, 878
34, 425

31, 771
28, 132

35, 795
24, 478

39, 447

15,681

32, 968
23, 308

141, 457
107, 883

134, 294
120, 417

229, 196
195, 175

247, 549
203, 680

154, 439
218, 900

10.67

Hardwoods
Hardwoods (Southern and Appalachian districts):
Total:
Orders:
New
mill. ft.b.m _
Unfilled^ end of month
mill ft b m
Production
mill. ft b.m
Shipments
mill. ft. b.m Unsold stocks
mill. ft b.m—
Gum:
Orders, unfilled, end of month
mil] ft.b.m .
Stocks total end of month mill f t b m
Unsold stocks
mill. ft.b.m-Oak:
Orders, unfilled, end of month
mill ft b m
Stocks total end of month mill f t b m
Unsold stocks
mill. ft.b.m—
Northern hardwoods:
Production
M ft.b.m..
Shipments
M ft.b.m—

1,063

6,523

2,058

0)

(0
0)
3,523

Softwoods
Fir, Douglas:
Exports :§

24, 933
18, 276
21,035 24, 809 19, 085 23, 326 25, 720 15, 379
Timber
M ft.b.m— 16, 408 18, 172 14, 453 23, 647 22, 178 24, 588 17, 720 17, 865
Orders:
New1
—
-M ft.b.m- 122, 656 116,836 153, 543 112, 360 94, 901 106, 093 105, 645 97, 140
76, 100
81, 024 119, 074
81, 920
85, 053 120, 865 109, 674
Unfilled, end of month
M ft.b.m. Prices, wholesale:
8.58
9.50
16.99
8.93
8,93
8.97
8.66
8,96
No 1 common
dolls, per M ft.b.m—
Flooring, 1 x 4, "B" and better
32.62
21.22
20.61
21.58
20.02
20.60
20.80
20.68
dolls, per M ft.b.m—
Production^
_
M ft.b.m.. 188, 460 89, 977 96, 244 113, 255 94, 454 81, 920 93, 558 97, 587
Shipments^
M ft.b.m.. 184, 431 105, 645 111, 464 128,923 105, 645 82, 815 96, 244 104, 302
Hemlock, northern:
1,598
1,458
2,088
2,305
1,302
976
2,433
Production
-M ft.b.m—
4,314
2,868
3,109
7,061
5,507
7,097
1,843
Shipments
M ft.b.m—
Pine, northern:
8,792
4,954
6,139
4,643
4,218
6,824
7,605
Orders, new .
M ft. b. re- 9,323
0
0
3,336
1,296
0
3,809
2,628
production
M ft.b.m.. 16, 270
4,126
6,403
4,379
6,482
9,783
6,298
6,657
Shipments
M tf.b.m.- 12, 829
1 Data for July, October, December 1932, March, June, and August 1933 are for 5 weeks; other months, 4 weeks.
*a New series. See p. 20 of November 1932 issue for earlier data.
Revised.
§ Data revised for 1932. For revisions for full year 1932 see p. 44 of the June 1933 issue.
p Preliminary.
i Data not computed for May 1933.




11.02

11.34

13.36

16.20

21. 30
105, 645
119, 970

21.34
115, 046
140, 114

22.42
137,428

24.59

149, 962

175, 030
197, 860

30.81
196, 070
184, 879

2,443
5,176

1,747
7, 555

2,354
11,440

4,161
14, 447

14, 646

5,050

9,352

4,966

1,246
8,317

13,011 14, 548
7,035 1 14, 942
11,984 ! 15, 069

13, 599
15, 335
14, 733

0

2,770

SURVEY OF CURRENT BUSINESS

October 1933

45

1932
Monthly statistics through December 1931, 1933
together with explanatory footnotes and references to the sources of the data, may be found
Decem- January Februin the 1932 Annual Supplement to the Survey August August SeptemOctober November
ber
ber
ary

1933
March

April

May

June

July

LUMBER AND MANUFACTURES—Continued
LUMBER— Continued
Softwoods— Continued
Pine, southern:
Exports:
Lumber §
M ft.b.m__
Timber § __
M ft.b.m..
Orders:
New
'
M ft.b.m
Unfilled, end of month
M ft b m
Price,
flooring
dolls, per M ft.b.m
Production .
M ft.b.m..
Shipments
M ft.b.m
Redwood, California:
Orders:
New
M ft.b.m.
Unfilled
.
.
M ft.b.m
Production
M ft b m
Shipments
. ._ M ft.b.m
FURNITURE
Household:
All districts:

23 843
8,353

19, 224
3, 695

21, 460
5,621

24, 781
6,902

20, 109
2,278

24, 454
6,787

20, 876
5,254

18, 232
5,024

17, 300
7,684

21,427
4,831

24, 979
7, 5S2

21 188
4,560

29 532
9,015

117 535 149, 149
70 745 79 847
17.05
31 85
91, 241
125, 056

134, 018
81 645
17 86
80, 181
127 280

144, 316
74 958
17 75
113,467
154 329

90 589
50 184
18 33
99, 470
107 000

67, 529
44 014
17 37
75, 161
73 690

95, 685
57 377
17 80
85, 494
84, 271

75, 575
55 419
17 06
77, 798
81,071

113, 044
63 838
17 44
87, 401
100 714

112 854
67 414
17 55
88, 752
110 019

179 843
Q2 049
18 56
115,783
154 498

158 9833
88 55
22~70
120 613
1^9 210

120 352
81 031
28 57
125 935
131 646

13, 990
19, 943
11 023
12, 862

15, 866
23 247
10 829
11, 921

15,415
22 798
11 101
15 636

12, 708
21 886
12 253
13 451

13, 630
24 460
12 603
10 989

12, 151
18 824
14 319
13, 581

11,973
18, 302
14 603
12, 269

13, 744
17 493
12 147
14 207

17, 965
19 113
9 804
15 731

29, 834
30 117
7 490
18 249

37 572
39 309

132 539
128 700
24
30
15
30

017
511
390
818

27 838

30
37
9
31

646
706
497
843

L..

26 0

Grand Rapids district:
Orders:

39 0

44 0

43 0

39 0

33 0

97 0

18 0

97 0

37 0

42.0

r
6 5
10

New
no of days' production
Unfilled, end of
month
no of days' production
Outstanding accounts, end of
month
no of days' sales
Shipments
no of days' production
Southeastern district:
Orders, unfilled, end of
month
dolls , average per firm
Shipments
dolls average per firm
Prices, wholesale:
73.2
Beds
1926=100
Dining-room chairs, set of 6
1926=100..
Kitchen cabinets
1926=100.. ' 85.6
Living-room davenports
1926=100 / 76.7
Steel furniture. (See Iron and Steel Section.) -^>'^t

r 91. o

7 5
14

9 0
11

13 0
g

18 0
5

7 0
9

7 0

g

13 0
Q

7 0
7

8 0
g

»«11

52.0
3.0
15

10

11

9

7

g

7

5

5

5

7

11

17

21
22 0
9

27
31 0
12

27
34 0
12

25
33 0
9

25
33 0
6

24
22 5
g

20
19 0

7

19
10 0
5

19
14 0
6

18
21 0

o

18
25.0
6

21
34.0
10

23 799
36 325

26 788
40 252

22 407
43 665

11 042
32 549

9 290
16 277

20 448
25 975

15 286
33 660

14 298
30 388

17 259
35 96^

64.4
89.5
78.4
69.8

64 4
89.5
91.4
69.8

64 4
89.5
91.4
69.8

63 9
89.5
91.4
69.8

63 9
89.5
91.4
69.8

62. 1
89.5
87.5
73.6

62 1
89.5
87.5
73.6

62 1
89.5
74.1
73 6

62 1
89.5
74.1
73 6

62 1
89.5
74.1
73 6

63.6
89.5
74.1
76.7

66.1
89.5
74.1
76.7

100 395
28 061

123 169
26 295

102, 581
34, 368

88, 311
52, 805

28 16

28.45

28. 73

29.81

59

80

95

772
15

1,266
21

1,894
39

2,626
81

g
28
83

448
353
901

887
343
1,281

2,483
515
3,431

28, 848
23 879
4,969

28, 314
23 407
4,907

27, 479
22, 690
4,789

27, 772
22, 980
4,792

3

2

6

4

METALS AND MANUFACTURES
IRON AND STEEL
Foreign trade, iron and steel:
Exports §
long tons 119, 374 32, 955 36, 038 41 226 56, 023 54 139 56 720 63 936 80 567
46, 839 23, 623 29, 241 33, 706 34, 924 29, 390 21, 892 19 748 22, 114
Imports *
.
long tons
Price, iron and steel
30.04
29.32
29.32
29.12
composite
-- dolls, per long ton
29.33
28.35
28.69
28.93
28.31
Sales, iron, steel, and heavy hardware
January 1921 — 100
80
81
86
76
57
54
65
55
Ore
Iron ore:
Consumption by furnaces
696
thous. of long tons.. 2,612
607
661
593
697
634
735
630
7
g
159
Imports
thous. of long tons
25
45
19
40
14
16
Receipts:
Lake Erie ports and furo
o
3,930
0
0
549
naces
thous. of long tons
619
299
614
1,132
0
0
0
0
172
57
88
Other ports
._ thous, of long tons
220
722
Shipments from mines.. thous. of long tons.. 5,101
641
0
927
250
0
0
0
Stocks, total, end of month
thous. of long tons.. 30, 156 32, 164 32, 324 32, 457 32, 084 31, 490 30, 812 30, 152 29, 557
25, 260 26, 896 27 083 27 234 26 893 26 328 25 680 25 047 24 486
At furnaces
thous of long tons
Lake Erie docks.
thous. of long tons.. 4,896
5,241
5,268
5,223
5,162
5,132
5,071
5,191
5,105
Manganese ore, imports (manganese content) #
4
3
1
thous. of long tons..
0
2
0
0
0
0
Iron, Crude, and Semimanufactures
Castings, gray-iron:
Orders:
New __ _. _ __ av. tons per foundry
61
71
69
56
50
61
64
59
Unfilled, end of month
av. tons per foundry
52
51
47
58
49
41
49
49
Production
av. tons per foundry
65
78
62
65
69
78
74
66
90
Receipts (materials) av. tons per foundry
96
96
103
64
67
86
83
Stocks (materials).- av. tons per foundry
217
231
237
232
221
236
246
210
Castings, malleable: *
28, 323
12, 508
12, 645
11, 273
Orders, new
_
short tons
7,776
10, 582
14, 304
14, 504
12, 850
31,811
9,959
12, 638
Production
short tons
12 274
13 622
13, 780
6 804
10 051
14 128
36.6
16.2
11.4
14 5
16.0
14.9
Percent of capacity
8 0
11.6
16 2
30, 195
Shipments
short tons
14, 315
14, 215
11, 077
8,631
9,746
12, 745
11,615
14, 366
Pig iron:
Furnaces in blast, end of month:
56, 070 16, 225 19, 205 20, 170 20, 860 15, 810 18, 820 18, 910 15, 580
Capacity
long tons per day
98
38
Number _
_. _
42
45
42
45
47
49
51
Prices, wholesale:
13.50
16.20
13.50
13.50
13.50
13.50
Basic (valley furnace). .dolls, per long ton-13.50
13.50
13.50
14.68
14.74
Composite pig iron
dolls, per long ton.. 17.16
14.69
14.68
14.68
14.73
14.71
14.81
Foundry, no. 2, northern (Pitts.)
16.39
16.39
16.39
16.39
dolls, per long ton.. 18.59
16.39
16.39
16.39
16.39
542
554
593
546
569
Production —
thous. of long tons.. 1,833
645
531
631
* New series. For earlier data see p. 20 of November 1932 issue (iron and steel imports) and p. 20 of the April 1933 issue (castings).
published.
# Imports from Cuba not included.
t Revised. Earlier data not published.
§a Data revised for 1932. For revisions for full year 1932 see p. 45 of the June 1933 issue.
Revised.




7 ni o

75

108

143

162

51
68
103
236

65
99
145
254

83
122
169
363

103
141
206
359

18 449
18 566
21 8
17, 261

?4 671
24 628
29 0
23, 077

31, 997
31, 118
35.8
29, 268

°28. 458
«30, 865
36.3
a 29, 155

22 805
48

33 160
63

51, 675
90

"61,435
106

13.50
14. 75

14.20
15.45

15.00
16. 02

15. 50
16.70

16.39
624

16.59
887

17.39
1.265

17. 89
1,792

Furniture activity, all districts, not

SURVEY OF CURRENT BUSINESS

46

1932
Monthly statistics through December 1931, 1933
together with explanatory footnotes and references to the sources of the data, may be found
Decem- January
October Novemin the 1932 Annual Supplement to the Survey August August September
ber
ber

October 1933
1933

February

March

April

May

June

20, 837
29, 004
25, 979
554, 391

44, 681
22, 918
20, 025
583, 037

70, 265
88, 444
53, 934
549, 059

44, 308
66, 757
49, 170
518, 384

43,857
70, 787
58, 252
495, 150

0

0

a

July

METALS AND MANUFACTURES—Continued
IRON AND STEEL— Continued
Iron, Manufactured Products
Cast iron boilers and radiators:
Boilers, gas-fired:
Production
tbous. of B.t.u..
Shipments, quantity
thous. of B.t.u _
Shipments, value
dollars-Stocks, end of month
thous. of B.t.u ..
Boilers, range:
Orders:
New -_
__ number of boilers .Unfilled, end of month, total
number of boilers. .
Delivery, 30 days or less
number of boilers. .
Delivery, more than 30 days
number of boilersProduction
number of boilers
Shipments
number of boilers..
Stocks, end of month, .number of boilers. _
Boilers, round:
Production
.thous. of lb_.
Shipments
thous. of Ib
Stocks, end of month
._ thous. of lb..
Boilers, square:
Production
thous. of lb._
Shipments
_
thous. of lb._
Stocks, end of month
thous. of lb.
Boiler fittings, cast iron:
Production
short tons
Shipments
short tons
Boiler fittings, malleable:
Production. _
short tons_.
Shipments
short tons
Radiators:
Production thous of sq ft heating surface
Shipments. -thous. of sq. ft. heating surface. ~
Stocks, end of month
thous. of sq. ft. heating surface. .
Radiators, convection type:
New orders:
Heating elements only, without cabinets or
grilles. thous. of sq. ft. heating surface#_.
Heating elements, including cabinets and
grilles. thous. of sq. ft. heating surface#..

58, 786
76, 265
79, 831
591, 220

100, 732
91,465
81, 844
555, 483

87, 771
94, 748
97, 193
531, 238

83, 731
58, 680
52, 446
563, 333

9,207
42,911
41,382
521, 374

64, 989
42, 662
38, 243
528, 238

48, 454
42, 169
26, 543
559, 851

66, 977

30, 750

39, 326

51,073

35, 551

27, 564

35, 774

29, 801

36, 586

« 39, 436

« 92, 998

34, 337

6,585

6,900

8,320

6,333

8,073

6,016

6,247

4,967

8,872

35, 974

24, 948

24, 734

31, 206

4,952

5,290

6,917

4,591

5,639

3,686

4,146

3,289

7,397

34, 335

21, 863

21, 280

3,131
60, 398
57, 374
30, 471

1,633
28, 796
29, 469
26, 073

1,610
37, 297
39,011
24, 359

1,403
48, 912
49, 653
23, 618

1,742
36, 923
37, 538
23, 003

2,434
29, 375
27, 582
26, 195

2,430
39, 991
37, 831
28,355

2,101
27, 042
29, 570
25, 827

1,678
« 38, 499
« 37, 866
25, 843

1,475
« 35, 278
« 35, 531
25, 590

1,639
3,085
64, 457 «68 284
« 65, 806 a 68, 575
24, 151
23, 860

3,454
"48 762
«45, 175
27, 447

2,225
3, S91
34, 273

3,648
6,225
31, 963

6,220
8,896
29, 617

3,639
4,704
28, 734

1,823
3, 552
26, 863

2,035
2,102
24, 517

2,279
2,133
24, 736

1,811
1,772
24, 235

2,393
1,792
24, 927

3, 242
2,403
26, 063

3,870
4 159
26, 124

4, 168.
3 954
28, 335

9,734
13,653
123, 174

13, 793
19, 113
118, 280

16,824
25, 845
109, 730

11,003
13,335
107, 572

4, 918
10, 434
101,448

6,144
6,410
99,032

7,602
5, 567
100, 585

6,211
4,860
100, 409

9,613
4,465
105, 457

12, 140
6, 412
111,099

13 539
10, 828
116 °38

1,655
2,665

2,426
3,461

3,187
3,954

2, 787
3,019

1,717
2,165

1,401
2,319

1,514
2,161

1,592
2,228

1,577
2,322

2, 919
4,191

4 706
5 464

14 848
12, 124
122 118
|-^
4 417
6 072

1,229
1,537

1,743
2,215

2,128
2,027

1,804
1,701

1,025
1,115

995
1,375

1,088
1, 433

1,100
1,302

1,284
1,586

2,140
2, 827

3 607
3 765

4,107
4 499

1,975
4,340

2, 751
5,331

4,472
7,630

4,299
4,816

3,236
3,474

2,547
2,001

2,992
1,634

2,231
1,542

3,002
1,605

3,754
2, 133

4 138
3. 346

3 368
3,727

33, 688

31, 270

28, 363

27, 967

27, 838

28, 250

29, 646

30, 417

31, 992

33, 512

35, 626

35, 346

0

44, 961

64

156

126

87

48

54

70

33

35

35

68

95

55

173

165

211

180

155

142

98

86

60

123

241

160

173

169, 666
180, 446
553, 600

240, 584
243, 444
542, 254

295, 734
316, 157
529, 846

187, 794
192, 849
521, 537

165, 401
165, 238
533, 788

142, 935
143,991
531,916

121, 070
129, 670
521, 628

149, 477
163, 220
389, 392

142, 164
144,612
391,819

186,896
191,857
382, 858

176 775
183 5^0
379, 683

235 443
229 858
384, 068

Sanitary Ware
Bathroom accessories: t
Production
number of pieces 263 Q-40
Shipments
number of pieces 276, 601
Stocks, end of month
number of pieces. . 371, 407
Plumbing brass. (See Nonferrous metals.)
Plumbing and heating equipment, wholesale
price (8 pieces)*
dollars— 205. 78
Porcelain enameled flatware:
Orders, new, total
dollars
Signs
_
dollars-Table tops
dollars-Shipments, total
_
dollarsSigns
dollars..
Table tops
._
dollars—
Porcelain plumbing fixtures:
Orders:
New, net
number of pieces
4 240
Unfilled, end of month.. number of pieces-- 5,481
Shipments
number of pieces
3 °11
Stocks, end of month
number of.pieces.- 9,716
Vitreous china plumbing fixtures:
Orders:
New, net
number of pieces l e C 160
Unfilled, end of month .-number of pieees.. 231, 599
Shipments..
number of pieces 189 923
Stocks, end of month
number of pieces. . S25, 530
Woodwork, plumbers':
Orders:
New, net
number of pieces-Unfilled, end of month. .number of pieces..
Shipments
number of pieces..
Stocks, end of month.. ..number of pieces..

192. 31

192. 57

193. 28

192. 43

192. 63

186. 40

182. 80

182. 00

182. 03

183. 93

197. 50

366, 279
131, 644
75, 650
422, 290
175, 715
83, 075

412,119
123, 861
94, 831
453, 808
159, 400
101, 582

460, 683
157, 678
123, 484
461, 617
146, 812
121, 222

385, 718
172, 933
77, 681
404, 273
172, 467
83, 551

362, 371
216, 931
46, 475
389, 683
232, 611
55, 899

236, 234
87, 158
48, 685
249, 817
101, 148
48, 202

278, 361
102, 219
59, 574
271, 694
113, 582
50, 424

344, 763
144, 615
75, 177
324, 114
126, 671
72, 983

475, 156
195, 358
121, 182
388, 115
148, 793
104, 820

493, 892
217, 813
91,861
504, 576
216, 901
106, 946

653 402
210 228
191, 979
556 300
209 375
116,676

744 215
236 173
176,416
670, 785
194 766
183, 603

3,217
3,455
2,991
14, 479

3,628
3,980
3,021
13, 560

2,788
3,747
2,900
14, 580

2, 547
3,405
2,799
13,053

1,708
3,124
1, 833
13, 838

1,643
2,888
1,442
13, 343

1,404
2,884
1,399
11,811

2,104
2,991
1,936
11, 490

1,698
2,776
1,885
11, 339

3,041
3,430
2,381
11,345

3 246
4, 362

11,184

3 245
4,537
2 933
10, 635

98, 156
109, 297
98, 782
512, 697

77, 424
91, 738
94, 983
504, 039

86, 721
87, 601
91, 061
486, 470

65, 426
83, 826
66, 437
496, 039

56, 687
85, 480
57, 594
518, 245

80, 283
79, 903
89, 395
506, 126

77, 531
76, 802
80, 632
472, 472

118, 697
99, 332
96, 167
443, 858

245, 024
198, 787
145, 569
391, 369

296, 264 a9H7 O^O
307, 118 °319, 503
187, 933 TQ4 8.A.K,
340, 218 315, 371

241,362
211 ^49
311,183

95, 232
70, 669
104, 675
135, 110

141, 736
77, 443
134, 962
118,921

94, 226
78, 670
94, 392
117, 633

71,413
78, 157
71, 926
115, 330

55, 366
60, 967
72, 330
111,847

71, 303
72, 684
60, 400
112,416

70, 737
72, 657
70, 764
112, 457

77, 781
71, 170
79, 268
113,953

97,851
77, 592
88, 467
106, 715

169, 543
130,715
116,420
101, 774

Steel: Crude and Semimanufactured
16, 624
8,726
7,229
9,572
12, 759
13, 253
14, 196
Bars, steel, coldfinished,shipments .short tons. . 46,312
12, 209
11, 934
Castings, steel:
29,
057
14, 507
11, 458
10, 147
11, 882
12, 942
Orders, new, total
. __
short tons13, 235
11,857
11, 896
13, 283
7, 976
4, 692
2,784
1,531
2 918
3,088
Railroad specialties
short tons
3,337
2, 680
2, 489
2 998
20
10
7
8
8
9
9
8
Percent of capacity
9
8
30, 992
12, 071
12, 331
13 712
13, 209
11,334
12, 531
Production, total
short tons
13 886
13, 951
12 438
6,767
3,285
2,806
3,672
2,753
2,259
Railroad specialties
short tons
2,465
2,520
2,721
2,617
21
9
8
9
9
9
8
8
10
Percent of capacity ..
10
Ingots, steel: §
2,901
847
1,363
1,032
Production
._
thous. of long tons
9?2
1,030
1,087
910
1,087
F61
49
15
18
16
25
Percent of capacity
21
18
15
18
19
Prices, wholesale:
.0206
.0212
.0210
Composite, finished steel
dolls, per lb.. .0217
.0217
.0215
.0214
.0210
.0216
.0216
Steel billets, Bessemer (Pittsburgh)
26.00
dolls, per long ton.. 26.00
26.00
26.00
26.00
26.00
26.00
26.00
26.00
26.00
0
Revised.
* New series. For earlier data, see p. 20 of the January 1933 issue (price series). Earlier figures on convection type radiators not published.
§ Series revised for 1932. For revision for full year 1932, see p. 46 of the July 1933 issue.
llnequivalent direct radiation.
t Revised series. For earlier data, see p. 20 of this issue.




57, 549

0

a

1 QIJ

203. 56

m

fiftS

23, 132

32, 774

20, 782
3,642
14
19, 072
3, 470
13

32, 026
6,828
22
27, 300
4,167
19

2,002
34

2,598
46

3,204
59

.0208

.0209

.0217

26.00

26.00

26.00

36, 538
a

29, 505
a
7, 562
'
«20
« 29, 240
°6, 304
«20

SURVEY OF CURRENT BUSINESS

October 1933
1933

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

47
1933

1933

August

Decem- January
August SeptemOctober Novem"£* | March
ber
ber
ber

May

April

June

July

METALS AND MANUFACTURES—Continued
IRON AND STEEL— Continued
Steel: Crude and SemimanufacturedContinued
Prices, wholesale— Continued
Structural-steel beams (Pittsburgh)
dolls, per lb__
Steel scrap (Chicago) .dolls, per gross ton_.
U.S. Steel Corporation:
Earnings, net
thous. of dolls
Orders, unfilled, end of month
thous. of long tons..

.0160
10.45

» Revised.



d

.0160
6.25
d

1,890

Steel: Manufactured Products
Barrels, steel:
Orders, unfilled, end of month
number.. 534, 549
Production
-.number _ 480, 670
35 5
Percent of capacity
470, 632
Shipments
number
Stocks, end of month
number-- 38, 706
Boilers, steel, new orders:
994
Area
thous. of sq. f t _ _
Quantity
number of boilers _
511
Furniture, steel:
Business group:
Orders:
New .
thous. of dolls .
837
684
Unfilled, end of month. ..thous. of dolls. .
693
Shipments
.
thous. of dolls
Shelving:
Orders:
194
New
thous. of dolls
222
Unfilled, end of month thous. of dolls..
Shipments
thous of dolls
179
Safes:
Orders:
New
.
thous. of dolls
120
Unfilled, end of month. _.thous. of dolls..
225
Shipments
thous. of dolls
107
Lock washers, shipments,
thous. of dolls..
152
Plate, fabricated steel, new orders, total
short tons.. 15, 714
Oil storage tanks
short tons
2 079
Sheets, black, blue, galvanized, and full finished:
Orders:
New
short tons
158 830
Unfilled, end of month
,
short tons- 212, 879
Production, total
short tons
203 893
Percent of capacity
62 8
Shipments
__ short tons- 174 480
Stocks, end of month, total
short tons_. 115, 876
Unsold stocks
.short tons51 293
Structural steel, fabricated:
Orders, new
short tons..
Percent of capacity
Shipments
short tons..
Percent of capacity
Tin and terne plate: *
Production
thous. of long tons
200
Track work, production,. _ _„_ short tons
3 425
MACHINERY AND APPARATUS
Air-conditioning equipment:
Orders, new, total
thous. of dolls
Air-washer group
thous. of dolls..
Fan group
thous. of dolls..
Unit-heater group
thous. of dolls..
Electric overhead cranes:
Orders:
New
thous. of dolls
Unfilled, end of month
thous. of dolls,.
Shipments
thous. of dolls..
Electrical equipment. (See Nonferrous metals.)
Electric hoists:
Orders, new:
Quantity
no. of hoists..
Value
dollars..
Shipments
dollars _
Exports, machinery. (See Foreign Trade.)
Foundry equipment:
Orders:
New
„
1 922-24= 100__
Unfilled, end of month
1922-24=100..
Shipments „
. ,
1922-24=100
Fuel equipment:
Oil burners:
Orders:
New „
no of burners
Unfilled, end of month— no. of burnersShipments...
no. of burners..
Stocks, end of month
no. of burners
Pulverized fuel equipment:
Orders, new, central 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..

. 0160
5.75

913

.0160
6.00

.0160
5.93

.0160
5.25
d

4, 475

.0160
5.25

.0160
5.25
d

3 828

.0160
6.00

.0160
8.45

.0160
8.91

.0160
10.41

4 882

3, 795

1,970

1,985

1,997

1,968

1,968

1,899

1,854

1,841

1,865

1,930

2,107

2,020

617, 165
362, 993
26 0
360, 509
34, 934

613, 373
395, 640
28 4
398, 241
32, 333

475, 318
422 637
30 2
417, 470
37, 500

387, 050
373 190
26 7
376 647
34, 043

330, 359
300, 570
21 6
307, 372
27, 160

275, 354
292 201
21 0
292 609
26, 752

453, 083
269 755
19 7
272 432
24 075

510, 737
373 340
27 2
371 945
25 470

526, 491
401 086
29 2
402 506
24 050

614, 214
465 418
33 9
467 695
21 773

641, 441
572 851
42 0
568 437
26, 187

647, 924
555 404
41 0
552 923
28, 668

291
403

467
443

232
379

316
301

156
215

218
197

128
176

245
193

225
235

396
328

550
511

611
498

574

551

577

577

589

552

449

521
583

505
464

419

447

544

686
456
636

607
541
523

106

117

127
121

139
104

178
182
166

180
206
156

524
543

536
578

582
622

577
582

551
611

125

153

144

169
141

139

153

180
146

181
142

194
125

142
135

98

102

129

97

219
118

214
102

94

442
482

374
405

142

159

143
138

168
134

406
512

172
173
167

169
116

84

112

171
82

198
86

209
106

180
117

190
89

129
213
119
156

117

84

43

50

66

65

114

118
203
105
168

11,916
4,394

11, 109
3,753

16, 737
5 941

7,873
1 446

9,510
3 154

11,128
1 501

16, 588
8 347

8,903
1 270

9,502
2 983

16, 243
2 OKQ

37, 020
20 894

20, 058
6 013

66, 132
81, 283
57 417
15 3
61,284
107, 680
58, 651

78, 925
86, 570
89, 817
23 9
75, 490
107, 624
58, 797

94 656
90, 707
108 111
28 7
92, 424
105, 833
60, 257

66 274
77, 339
QO 679
26 6
76, 866
103, 321
60, 177

76 962
84, 390
77 489
22.7
67, 412
94, 658
57,413

75 615
77, 509
85 337
25 9
79 234
94, 783
54 831

80 550
83, 760
91 723
27 8
72 772
100, 688
57 296

83 °95
91, 993
64 724
19 6
74 880
95, 606
52 199

118 594
111,311
111 942
34 5
100 353
9l| 859
47 815

144 192
136, 592
139 696
43 1
11Q 159
98, 991
51 295

240 737
229, 436
166 272
51 2
15° 953
104, 355

174 191
228, 696
188 143
58 0
174 145
104,815
42 095

78, 800

74, 400

145, 600

21

19
86,400
22

51, 600

85, 600

111,200
28
90, 800
23

76, 000

68, 800

75

77

88

82

80

85

88

1 765

1 845

1 984

1 822

2 013

1 662

145
1 768

1Q4
2 471

188
2 982

554

411

345

350

412

60
187
103

80
235
97

580
106
308
167

802
« 124
» 4S3
« 195

«437

20

1,797

546

1,430

632

200
108

191
107

52

1,245

739

13
19

72

59

90

K.Q Qf/7

17

670

35
290
221

38
334
260

48
360
331

72
287
311

93
230
231

43
319
66

37
401
51

67
414
61

31
222
42

36
209
43

12
220
29

78
34, 627
28, 099

63
25, 259
33, 122

69
26, 829
31,810

78
26, 266
28, 772

46
18, 792
22, 102

18.6
15.2
29 8

11.9
17.6
10 2

23.2
24.4
17 6

11.8
22.4
14 5

7 319
647
7,240
9 645

11 621
1,071
11,197
8 319

12 036
939
12, 168
6 772

0
4

0
0

0
0

3
3
11

1
0
5

0
0
3

Deficit for quarter.

82

100

36

82
431
399

56.3
35.3
49 7

.0160
5.25

62
209
141

41
186
118

82

94

794
a 144
« 213

13
177
44

21
189
9

39
196
32

39
228
7

33
228
33

81
265
44

159
349
75

18.6
13.3
24 7

68.4
58.5
23 2

16.1
60.0
14 6

9.8
50.4
19 7

19.4
14.7
55 1

25.6
16.8
24 5

45.5
24.8
37 4

48.8
35.8
38 3

3 920
'464
4,395
6 935

3 371
'779
3,074
7 812

1 694
646
1,827
7 813

1 956
311
2,019
7 534

2 878
615
2,574
7 162

2 755
526
2,844
7 526

3 562
675
3, 413
7 815

4 C94
1, 480
3,889
7 632

6 212
1,487
6,205
7 487

0
0

0
0

0
0

0
0

0
2

0
0

0
0

0
0

0
0

0
0

0
0
10

0
0
8

0
0
0

1
0
10

2
1
2

1
3
5

0
1

1
1
3

4
5
11

0
2
9

*New series.

3

For earlier data see p. 20 of the December 1932 issue.

48

SURVEY OF CURRENT BUSINESS

October 1933

1932
Monthly statistics through December 1931, 1933
together with explanatory footnotes and references to the sources of the data, may be found
Decem- January FebruOctober Novemin the 1932 Annual Supplement to the Survey August August September
ber
ber
ary

1933
March

April

May

June

July

METALS AND MANUFACTURES—Continued
MACHINERY AND APPARATUS— Con.
Fuel equipment — Continued
Stokers, mechanical, new orders:
Class 1, residential *. . _ _number-- 1,199
Class 2, apartment and small com98
mercial *
_
- - number __
Class 3, general commercial and small
136
commercial heaters *
number ._
Class 4, large commercial: *
213
Number
- 40, 644
Horsepower
Machine tools:
Orders:
57
New
1922-24=100.74
Unfilled, end of month
.1922-24=100,.
39
Shipments
_
1922-24=100 _
Pumps:
Domestic, water, shipments:
Pitcher, hand, and windmill
units.. 42, 713
509
Power, horizontal type
- .units _
Measuring and dispensing, shipments:
Gasoline:
1,193
Hand operated
units _
Power
_
units.. 5,197
Oil, grease, and other:
Hand operated
...
units.. 15, 676
719
Power
units
Steam, power, and centrifugal:
Orders:
786
New
- thous. of dolls _
Unfilled, end of month— thous. of dolls.. 1,616
642
Shipments
- thous. of dolls _
227
Water-softening apparatus, shipments_-units._
7,563
Water systems, shipments
.
_ units
Woodworking machinery:
Orders:
1
Canceled
thous of dolls
333
New
thous. of dolls
346
Unfilled, end of month
thous. of dolls..
Shipments:
219
Quantity
...
machines -_
337
Value
.thous. of dolls

757

1,248

1,299

709

521

251

307

252

218

357

488

«668

143

200

167

89

55

24

27

18

8

19

18

83

82

100

102

50

64

33

29

22

15

42

49

137
26, 056

166
29, 139

117
20, 819

91
13, 283

98
18, 375

63
12 248

55
11, 113

84
16, 550

57
13 599

93
23, 212

187
32, 723

170
41, 249

28
78
30

29
60
43

27
41
45

32
42
29

36
45
32

32
49
26

15
35
27

13
28
22

16
27
20

28
33
23

40
40
31

54
59
36

19, 983
412

22, 595
324

14, 247
334

12,415
321

12, 772
256

17, 819
258

18, 303
269

19, 073
303

22, 778
350

30, 755
496

39, 291
578

44, 036
524

2,411
5,697

1,731
4,316

1,813
4,692

1,681
4,442

1,080
2,941

1,144
2,974

965
3,221

1,418
4,048

1 745
4,925

2 450
6,089

2 038
6,940

23, 752
751

28, 305
1, 647

25, 105
972

30, 031
493

20, 408
355

14, 754
401

14, 918
290

15, 651
367

20 958
576

32, 849
497

25, 096
429

20, 702
616

387
1,369
437
185
5,818

437
1,333
450
263
5,088

387
1, 310
399
217
3,999

368
1,193
378
185
3,188

359
1,051
494
182
2,258

277
1,012
310
208
3,533

424
1,103
318
190
2,908

404
1,066
434
171
2,778

466
1,093
435
167
3 706

511
1, 126
474
215
5 605

736
1,261
597
232
6,358

732
1, 475
517
197
7,560

1
139
249

2
187
256

161
221

5
147
195

11
167
171

2
124
179

5
113
187

97
201

2
138
205

3
272
290

8
389
341

5
370
369

195
173

114
175

153
193

134
164

159
175

100
111

104
98

63
81

82
132

149
191

275
316

228
322

81
a

a

1 464
6, 733

NONFERROUS METALS AND
PRODUCTS
Metals
Aluminum:
9,546
10, 974
12, 944
10, 777
Imports, bauxite. _.
longtons.. 8, 304 10, 809 11, 008 11, 553 10, 481
11, 176
4,807
18, 345
Wholesale prices:
.2290
.2290
.2290
.2290
.2290
.2290
.2290
.2290
.2290
No. 1, virgin, 98-99, N.Y
dolls, per lb_. .2290
.2290
.2290
.0300
.0738
.0300
.0400
.0315
.0400
.0400
.0400
.0675
.0400
Scrap, cast, N.Y...
dolls, per lb._
.0548
.0416
Babbitt metal:
2,754
1,406
2 32H
1,320
1,265
1,573
1 149
1 346
1 135
1 178
Production total
thous of Ib
1 544
2 111
694
298
321
325
381
272
326
193
450
260
274
For own use
thous. of lb-_
325
994
1,108
945
1, 193
824
1,074
942
1,878
Sales
. -thous. oflb.. 2,060
918
1
786
1 270
Copper:
8, 240
15, 821
5,839
8,318
9,826
12, 567
12, 139
12, 515
12, 575
Exports, refined§
short tons.. 12, 955
10 644
10 976
7,067
8,329
4,944
6,636
12, 305
10, 301
8, 768
8,563
8, 004
Imports, total§
short tons.. 14, 335
11, 120
7,214
4,944
6,277
9,604
8,187
14, 319
6,609
8,548
10, 445
8,004
7,881
5,423
9,889
Ore and blister
short tons
.0522
.0598
.0513
.0573
.0478
.0481
.0501
.0777
.0478
Price, electrolytic, N.Y
dolls, per lb_. .0877
.0670
.0540
Oold. (See Finance.)
Lead:
Ore:
Receipts in U S. ore
.short tons _ 21, 958 20, 333 20, 421 20, 755 21, 245 25, 465 22, 580 22, 299 24, 037 17 835 17 673 17, 502
1,346
1,990
770
2,615
1,887
2,298
2,298
3,807
1,915
Shipments, Joplin district
short tons.. 4,093
2,552
2,772
Reiined:
674
5, 563
1,113
1,220
381
200
480
66
2,531
518
Imports
short tons..
20
183
.0324
.0347
.0305
.0450
.0305
.0300
.0300
.0315
.0417
Price, pig, desilverized, N.Y-.dolls. per lb._
.0300
.0365
.0326
Production
_
. .short tons.. 18,611 17,118 20, 498 21, 092 24, 465 21, 173 24, 615 20, 033 24, 684 23 385 19 405 21, 783
Shipments, reported-.
short tons_. 35, 821 29, 624 27, 682 31,045 23, 065 24, 089 19, 030 17, 349 21,950 25, 378 28, 197 34, 825
Stocks, end of month
short tons.. 160, 486 175, 907 173, 159 171, 445 175, 532 176, 157 184, 693 189, 751 194, 251 196, 827 197, 109 193, 005
Silver. (See Finance.)
Tin:
Consumption in manufacture of tin and
1,200
1,300
1,100
3,110
1,400
1,300
1,360
1,310
1,400
terneplate *
. long tons _
3 020
1 460
2 260
2,585
3,240
2,680
3,130
2,645
3,725
3,330
6, 145
3,045
Deliveries
long tons.. 8,020
4 555
4 835
2, 582
2, 399
2, 668
3,063
9,177
2 802
3,786
2 262
Imports, bars, blocks, etc
long tons _
2 830
6 839
4 274
5 725
.2332
.2296
.2392
.2476
.2269
.2270
Price, Straits, N.Y
dolls, per lb_. .4474
,2434
. 4421
.2350
.2715
.3591
Stocks, end of month:
World, visible supply..
Jong tons.. 33, 534 47, 177 47, 739 47, 048 47, 471 45, 796 44, 223 43, 160 43, 528 42, 541 41, 883 39, 964
2 741
3,441
4, 459
5,788
4, 191
4,291
4, 496
3 461
United States
long tons
3 474
2 281
2 040
3 036
Zinc:
Ore, Joplin district:
7,192
22, 280
12, 032
24, 715
Shipments
short tons.. 26, 605
30 875
23, 948
22 262
10 976
*>0 456
19 830
13 869
Stocks, end of month
..short tons.. 10, 496 67, 902 64, 136 51, 201 42, 891 37, 500 24, 515 18, 343 19 987 17 167 18 108 15 232
Price, slab, prime, western (St. Louis)
.0309
.0332
.0303
.0276
dolls, per lb._
.0492
.0302
.0312
. 0267
.0299
.0435
.0330
.0381
Production, total (primary)
short tons.. 33, 550 13,611 13, 260 15,217 16, 078 18, 653 « 19, 519 « 19, 551 a 21, 848 0 21, 507 o- 21, 556 24, 027
Retorts in operation, end of mo. --number-- 27, 220 14, 514 14,915 17, 369 19, 753 21,023 22, 660 0 23, 389 a 22, 375 a 22, 405 23, 569 24, 404
Shipments, total.
short tons.. 42, 443 16, 360 20, 638 19, 152 15, 970 15, 745 « 14, 731 0 14, 755 15 909 19 439 a 27 369 36 737
Domestic
short tons.. 42, 421 16, 321 20, 618 19, 132 15, 950 15, 725 « 14, 691 14, 755 « 15, 909 a 19, 394 " 27, 389 36, 693
Stocks, refinery, end of month. . .short tons— 100, 247 133, 153 125, 775 121,840 121, 948 124, 856 129, 644 134, 440 140, 379 142, 447 136, 634 123, 924

12, 732

.2290
.0663
2 485
544
1.941
12, 592
14, 644
14, 642
.0864

17, 877
2,908
58
.0445
18, 526
0
45, 177
« 171,275

2 920
6,540
8 449
.4638
38, 043
4 549
22 111
14 621

.0488
30, 905
25, 836
45 689
45, 667
109, 140

Electrical Equipment
1,984
1,705
Conduit, nonmetallic, shipments.-thous. of ft_.
1,180
1,877
1,045
1,341
1, 622
846
Delinquent accounts, electrical trade. (See
Domestic trade.)
620
334
106
100
591
Furnaces, electric, new orders
kilowatts..
936
205
247
211 '
* New series. For earlier data see p. 19 of the January 1933 issue (stokers) and p. 20 of December 1932 issue (tin consumption).
§ Data for 1932 revised. For revisions for full year 1932 see p. 48 of the June 1933 issue.
a
Revised.




1,091

2,303

2, 609

2,194

2, 157

688

1 357

783

October 1933
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
1933
August

49

1932
August

1933

Septem- October Novem- Decem- January
ber
ber
ber

Febru-

ary

May

June

57, 897

79, 514

March

April

July

METALS AND MANUFACTURES—Continued
NONFERROUS METALS AND
PRODUCTS— Continued
Electrical Equipment— Continued
Electrical goods, new orders t (quarterly)
thous. of dolls..
Laminated phenolic products, shipments
dollars.. 608, 788
Mica, manufactured:
Orders, unfilled, end of
month
thous. of dolls
124
Shipments _
thous. of dolls
130
Motors (direct current) :
Billings (shipments)
dollars..
Orders, new
__
. .dollars .
Panel boards and cabinets, shipments
thous. of dolls..
167
Porcelain, electrical, shipments:
59, 120
Special .
.
- dollars
Standard
.dollars.. 47, 342
344
Power cables, shipments—
thous. of ft
Power switching equipment, new orders:
Indoor
_
dollars.. 27,613
Outdoor
_
_ _.
. .. ..dollars
65, 875
Radiators, convection type. (See Iron and steel.)
Reflectors, industrial, sales . . _
units
Vacuum cleaners, shipments
number
Vulcanized fiber:
Consumption
.thous. of Ibs
1,948
Shipments
_
thous. of dolls..
446
Welding sets, new orders:
Multiple operator
unitsSingle operator
.
«. units
Miscellaneous Products
Brass and bronze (ingots and billets):
Deliveries
net tons..
5,027
Orders, unfilled, end of month
net tons.. 14, 664
Brass, plumbing:
Shipments * ._
number oi pieces 1,060,739
Brass sheets, wholesale price, mill
dolls, per lb.__
.147
Copper, wire cloth:
Orders:
Make and hold-over, end of month
289
thous. of sq. ft..
New
,thous. of sq. ft
491
Unfilled, end of month
thous. of sq. ft—
729
Production
thous, of sq. ft—
444
Shipments
_ _
thous. of sq ft
492
Stocks end of month
thous of sq ft
682
Fire-extinguishing equipment. (See automobiles.)

63, 319

375, 849

456, 720

379, 687

325, 004

299, 259

294, 230

311, 439

391, 055

560, 582

622, 979

44
49

49
47

51
56

46
65

45
56

46
58

29
50

28
48

34
53

42
76

122
90

148
118

163, 242
134, 651

160, 016
137, 704

129, 488
124, 546

150, 283
146, 813

186, 285
133, 950

108, 871
83, 679

136,566
168, 266

150, 571
141, 313

128, 786
118, 359

231, 210
158, 094

213, 167
265, 054

219, 601
376, 758

578, 503

193

179

142

147

173

191

146

137

130

157

204

165

32, 074
19, 121
696

37, 257
20, 820
544

49, 051
22, 688
420

42, 664
15, 715
343

29, 007
11,450
282

20, 310
14, 721
254

27, 897
15, 770
439

38,311
17, 188
235

25, 722
17, 197
288

34, 813
21, 181
246

43, 733
45, 781
412

45, 922
30, 498
245

22, 064
48, 058

20, 316
45, 139

13, 345
26, 216

15, 343
38, 000

17, 703
58, 618

19,799
42, 173

25, 096
33, 784

10, 812
36, 482

17, 356
74, 979

23, 161
35, 936

23, 506
50, 527

26, 000
65, 354

35, 094
30, 088

37, 736
33, 821

38, 453
38, 000

35, 327
36, 178

29, 699
38, 727

27, 668
28, 462

25, 952
30, 106

25, 381
43, 340

30, 223
37, 934

32, 142
41,661

38, 970
44, 531

46, 453

664
203

753
255

1,047
260

903
245

948
188

876
204

811
192

874
187

864
206

1,357
285

1,964
404

2,032
434

2
88

0
70

0
64

6
63

1
101

3
39

2
39

1
57

1
70

2
94

0
156

2
200

1,758
18, 790

2,112
18, 336

1,969
17, 002

1,646
16, 648

1,492
16, 373

1,261
15, 934

1,421
14, 952

1,586
15, 991

2,274
16, 408

3,804
16,712

4,973
15, 568

5,601
15, 657

641, 498

789, 862

837, 258

637, 923

446, 608

493,477

585, 775

563, 671

664, 573

.120

.124

.125

.125

.125

.110

.110

.110

.115

.122

.133

.140

533
310
117
281
283
878

525
309
103
299
306
865

503
288
103
308
276
901

506
301
115
289
275
800

507
249
130
253
227
921

487
275
106
241
257
868

518
257
110
220
220
863

542
317
118
267
265
832

549
281
102
256
238
845

543
642
406
294
305
829

510
484
648
458
457
802

272
379
735
400
477
738

178, 577

1,007,966 1,291,994 1,112,013

PAPER AND PRINTING
WOOD PULP
Chemicai :
Consumption and shipments total
short tons
151, 502
Soda
short tons..
21, 190
Sulphite, total
short tons
99, 404
Bleached
short tons..
30, 138
Unbleached
__ . short tons
22, 364
Sulphate.
short tons..
30, 034
Other grades..
short tons..
874
Imports §
short tons.. "l94,~64l" 73, 721
Price, wholesale, sulphite, unbleached
dolls, per 100 lbs._
1.75
1.58
Production, total
short tons
151, 632
Soda .
_
short tons
20, 094
Sulphite, total
short tons
99, 644
Bleached
_
short tons..
30, 546
Unbleached . __ _
short tons
24, 012
Sulphate
_
short tons..
31, 162
Other grades
short tons__
732
Stocks, end of month, total
short tons.
34, 184
Soda
short tons
3,498
Sulphite, total
short tons—
26, 768
Bleached
short tons
5,156
Unbleached .... .
short tons
6,950
Sulphate
short tons
3,712
Other grades
short tons.
206
Mechanical (ground wood):
Consumption and shipments
short tons
91, 772
Imports
...short tons.. 21, 354
8,998
Production
short tons..
77, 397
Stocks, end of month
short tons—
81, 394
PAPER
Total paper, incl. box board and newsprint:
Production..
_
short tons
494, 569
Percent of capacity
55
Shipments
_
.short tons..
528, 413
Stocks, end of month.,
short tons
403, 472
Book paper:
Orders, new:
Coated
percent of normal production
40
Uncoated— percent of normal production
52
* New series. Data prior to October 1931 not publis bed.
§
t
Revised
series.
For
earlier
data
see
p.
19
of
the
Au
?ust 1933




62, 912

284, 779

157, 202
21, 106
103, 368
34, 784
22, 756
32,076
652
78, 095

172, 764
21, 274
111,602
37, 158
24, 590
39, 294
594
119, 612

163,454
20, 572
107, 684
34, 972
23, 646
34, 736
462
142, 363

143, 140
16,910
96, 036
32, 466
18, 010
29, 596
598
146, 289

159, 268
20, 580
108, 022
43, 314
22, 744
30, 040
626
138, 971

163, 686
20, 066
113, 646
44, 500
24, 274
29, 290
684
98, 431

187, 706 a 177, 268
28, 334 «22, 412
127, 312 o!22, 400
46, 578
49, 406
29, 608
30,080
31,904
31, 340
720
552
78, 921
62, 409

212, 300
30, 654
142, 854
56, 986
30, 840
38, 220
572
82, 176

229, 034
33, 106
151, 002
57, 844
33, 300
44, 030
896
137, 206

1.58
159, 028
19, 852
103, 586
35,940
23, 582
34, 840
750
32, 020
2,942
24, 694
6,312
6,484
4,080
304

1.58
175, 610
21, 102
111, 452
36,986
26, 424
42, 366
690
30, 534
3,504
22, 378
6,140
6, 152
4,252
400

1.58
164, 856
19, 604
108, 152
34, 906
24, 238
36, 604
496
29, 148
3,224
21, 846
6,074
5, 744
3,644
434

1. 53
144, 150
16,448
95, 036
31, 558
17,916
31,992
674
28,624
3,318
20, 464
5, 166
5,268
3,822
510

1.53
165, 182
19, 934
111,610
41, 964
27, 288
33, 080
558
54, 536
2,840
46, 744
23, 116
13, 602
4,510
442

1.53
162, 956
18,978
112, 848
41, 422
28,008
30, 466
664
50, 206
2,368
43, 758
20, 038
14, 996
3,658
422

1.53
183, 850
22, 602
126, 242
45, 020
32, 080
34, 214
792
47, 352
2,492
40, 210
15, 652
14, 990
4,156
494

1.53
170, 848
20, 138
116, 354
45, 258
25, 754
34, 042
314
«39, 830
3,304
°32, 280
14, 332
8,780
3,990
256

1.53
203, 752
23, 964
138, 918
53, 424
30,518
40, 102
768
33, 186
2,920
26, 598
10, 770
6,712
3,216
452

1.55
224, 448
25, 954
149, 638
54, 688
35, 230
48, 162
694
29, 634
2,588
22, 772
7,614
6,180
4,024
250

89, 437
17, 896
74, 998
66, 955

92, 235
17, 876
85, 573
60, 294

98, 102
24, 956
97, 646
58, 457

91, 706
17, 403
90, 780
57, 531

81, 382
8,210
78, 665
52, 028

76, 037
5, 594
73, 729
49, 820

88, 555
9,064
86, 840
48, 105

86, 431
7,949
91, 498
53, 172

101, 997
18, 084
109, 128
60, 303

106, 671
18, 684
105,018
59, 218

496, 492
60
551, 460
381, 665

542, 247
62
574, 761
359, 847

500, 379
58
517,611
366, 685

462, 470
52
472, 198
363, 962

454, 618
53
479, 892
349, 389

58

46
49
36
43
43
53
41
46
43
60
47
60
53
43
51
51
49
55
Data rev sed for 19 32. For ]revisions or full ye ar 1932 se 3 p. 49 of the June 1933 issue
ssue.

_

1.64

:::::::::

23, 612

52
56
73
59
« R e ^srised.

50

SURVEY OF CURRENT BUSINESS

October 1933

1932
Monthly statistics through December 1931, 1933
together with explanatory footnotes and references to the sources of the data, may be found
Decem- January Februin the 1932 Annual Supplement to the Survey August August SeptemOctober Novemary
ber
ber
ber

1933
March

April

May

June

July

PAPER AND PRINTING— Continued
PAPER— Continued
Book paper— Continued
Orders, unfilled:
Coated
number of davs' production _
Uncoated
number of days' production..
Production
.
short tons..
Percent of capacity
Shipments
short tons__
Stocks, end of month
short tons..
Box board:
Consumption, waste paper
.short tons..
Orders:
New
short tons..
Unfilled, end of month
short tons_.
Production
—
short tons..
Operations, percent of capacity Shipments..
short tons..
Stocks, end of month
short tons..
Stocks of waste paper, end of month:
At mills
short tons..
In transit and unshipped purchases
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.
basis
dolls, per short ton..
Production, total...
short tons..
Shipments from mills
-- . .short tons..
Stocks, end of month:
At mills
short tons..
At publishers
short tons..
In transit to publishers
short tons..
Writing (fine) paper:
Production
short tons..
Percont of capacity
Shipments
short tons—
Stocks, end of month
short tons..
Wrapping paper:
Production. _
..short tons—
Percent of capacity
Shipments
..short tons..
Stocks, end of month
short tons..
All other grades:
Production
short tons..
Shipments
short tons..
Stocks, end of month.—
short tons..
PAPER PRODUCTS
Abrasive paper and cloth, shipments:
Domestic
reamsForeign
reams..
Paper board shipping boxes:
Operating time, total
percent of normal ..
Corrugated
._
percent of normal _ _
Solid
fiber
percent of normal—
Production, total
thous. of sq. ft..
Corrugated
thous. of sq. ft—
Solid
fiber
...thous. of sq. ft—
Rope paper sacks shipments*
1930-31 = 100—

3
3
4
5
6
4
84, 756 83, 400 88, 988
46
51
60
116, 585 118, 100 123, 060
78, 063 76, 814 72, 436

3
4
3
5
4
4.
87, 119 86, 858 83, 905
59
59
58
116, 784 115, 616 121, 628
77, 289
78, 294
70, 778

4
3
85, 583
64
119,074
74, 671

4
3
4
5
93, 628 82, 299
49
66
115,859 117,597
77, 210 75, 820

5
6
94, 891
55
112,070
80, 900

6
10
104, 665
63
126,975
83, 327

6
8

163, 909

196, 910

228, 116

197, 306

155, 729

158, 458

182, 701
35, 864
173, 805
51.5
171, 486
81, 805

205, 783
53, 331
180, 421
61.4
188, 103
74, 237

199, 119
48, 536
201, 777
61.6
203, 932
72, 083

163, 128
33, 575
179, 094
58.1
178, 189
72, 491

152, 807
33, 490
157, 357
45.7
152, 874
76, 173

157, 245
36, 030
154, 497
48.2
154, 280
76, 473

151, 343

174, 756

160, 794

172, 693

160, 600

173,415

23, 897

26, 666

30, 448

31, 325

24, 370

26, 481

165, 880 152, 761
194, 262 "157,424
194, 354 <* 154, 386
41, 826 «50, 004

119,277
150, 691
142, 633
48, 062

148, 935
157, 506
157, 568
48,411

153, 569
161, 334
164, 327
45, 461

138, 993
13S, 682
140, 770
42, 337

127, 779
140, 539
133, 056
49, 837

107, 446
124, 788
120, 094
54, 515

138, 005
137, 078
140, 694
50, 872

113, 139
148, 377
161, 040
37, 232

168, 719
170, 047
164, 991
43, 428

152, 152
171,830
171, 889
43, 068

167, 303
180, 387
"180, 836
41, 963

127, 837
151,210

123, 873
147, 669

127, 425
133, 830

144, 993
148, 291

145, 889
155, 499

132, 761
135, 430

127, 446
130, 917

116,307
94, 908

123, 402
114, 500

132, 032
139, 213

160, 773
157, 314

130, 879
142, 700

132, 482
163, 433

40.09
84, 521
82, 503

53.00
«78, 631
•77, 109

51, 25
70, 621
73, 234

45.00
76, 731
76, 922

45.00
81, 662
83, 922

45.00
80, 075
79, 002

45.00
74, 356
72, 637

45.00
67, 665
66, 884

45.00
76, 521
77, 933

40.00
74, 534
76, 085

40.00
81, 181
78, 861

40.00
81, 939
84, 970

40.00
<* 79, 616
« 82, 145

21,407
171,011
30, 934

"35, 708
188, 436
23, 195

33, 095
181, 613
26, 191

32, 790
165, 459
29, 586

30, 581
171, 798
28, 758

21, 783
172, 272
24, 171

23, 502
166, 954
24, 601

23, 363
157, 489
27, 347

23, 005
149, 971
23, 691

21, 171
139, 637
27, 066

23, 560
137, 451
24, 290

21,964
135, 342
24, 051

19, 378
157, 118
26, 278

23, 803
45
24, 160
51, 446

25, 790
53
26, 512
50, 719

27, 123
54
27, 421
49, 940

24, 546
49
24, 325
50, 156

21, 233
42
21,318
50, 063

25, 371
49
26, 563
50, 099

25, 191
53
25, 468
48, 984

29, 744
59
29, 655
48, 965

24, 150
49
25, 406
47, 548

33,779
63
31,347
49, 176

40, 318
79
38, 584
50, 894

60, 479
66
59, 874
70, 825

60, 182
71
65, 719
64, 561

68, 333
77
74, 961
57, 963

59, 149
67
58, 203
58, 903

50, 005
57
48, 905
59, 554

52, 054
62
51,950
57, 240

48, 881
63
49, 028
57, 596

57, 525
65
58, 791
56, 307

58, 212
72
60, 133
54, 405

72, 196
83
73, 279
53,314

83, 663
99
91, 527
46, 502

72, 197
78, 968
85, 351

76, 078
79, 792
80, 818

79, 295
68, 465
74, 635

68, 809
56, 188
77, 265

66, 942
54, 483
78, 095

64, 435
52, 834
71, 297

62, 851
50, 062
72, 135

69, 329
54, 891
74, 912

68, 511
57, 197
73, 394

86, 137
70, 278
73, 371

88, 432
70, 342
71, 591

34, 835
5,867

39, 897
6,532

42, 297
5,574

35, 424
5,331

28, 125
6,522

37, 648
4,412

35, 878
6,832

32, 412
6,829

40, 468
5,478

53, 187
7,675

60, 549
8,984

59, 784
6, 945

62
71
79
76
83
66
48
65
57
436, 358 447, 032 508, 182
371, 427 405, 922 436, 406
64, 931 71,110 71, 776
108
115
125

65
69
52
409, 736
345, 756
63, 980
112

58
62
44
361, 871
306, 447
55, 424
120

56
62
39
376, 200
314, 084
62, 116
106

60
65
43
398, 014
329, 133
68,881
81

58
61
47
380, 452
306, 667
73, 785
112

65
71
47
460, 970
385, 117
75, 853
124

80
86
60
565, 471
463, 567
101, 904
95

88
93
72
626, 415
499, 226
127, 189
102

91
100
65
631, 484
513, 490
117,994
112

41, 061
609
504
105
63

41, 252
806
655
151
66

40, 396
1,090
912
178
66

38, 364
700
595
105
67

50,350
875
707
168
66

46, 602
457
390
67
66

45, 053
679
576
103
70

53, 337
766
621
145
62

46, 508
805
637
168
62

59, 226
530
477
53
67

82, 156
511
416
95
63

72, 099
660
554
106
63

7,879
9,128

8,575
8,704

10, 190
9,082

8,476
8,874

7,645
9,068

9,735
7,920

7,907
7,653

7,399
8,048

9,902
8,570

10, 380
9,572

12, 934
11, 162

13, 078
11, 097

15,701
8,179
28, 475

22, 817
13, 555
21, 034

38, 785
22, 337
26, 736

44, 654
26, 075
23, 504

43, 660
24, 751
45, 243

67, 442
6,739

PRINTING
Blank forms, new orders
thous. of sets— 94, 244
572
Book publication, total.. .number of editions—
491
New books
number of editions _
81
New editions
number of editions-Operations (productive capacity) ... 1923= 100..
Sales books:
Orders new
thous. of books _. 13, 364
Shipments.
thons. of books.- 11,950

RUBBER AND RUBBER PRODUCTS
CRUDE AND SCRAP RUBBER
Crude:
Consumption, total..,
long tons.. 39, 097 20, 582
For tires
long tons...
12, 646
Imports, total, including latex§-__ long tons.. 45, 413 33, 989
Price, wholesale, smoked sheets, N.Y.
.073
dolls, 17perlb—
.036
76, 000 56, 327
Shipments, world
Ion tons
Stocks, world, end of monthf
long tons.. 607, 978 595, 782
Afloat, total
.
. .long tons.. 91,355 74, 808
66, 355 53, 558
For United States
long tons
London and Liverpool
.long tons— 96, 623 104, 408
British Malaya
long tons
85, 000 66, 134
United Statesf
long tons . 335, 000 350, 432
Reclaimed rubber:
6,990
3,461
Consumption
long tons
Production
.
Icng tons _ 11, 005
3,101
Stocks, end of month
long tons
9,924 10, 387
Scrap rubber:
• Consumption by reclaimers
.long tons..
' « Revised.
t For revised data for year 1932 see p. 50 of May
year 1932 see p. 50 of the June 1933 issue.




20, 692
10, 399
29, 280

19, 337
10, 340
35, 8C6

20, 157
9,388
29, 620

15, 631
7,408
32, 016

19, 928
10, 376
30, 663

.039
.034
.034
.033
.033
59, 683 54, 403 57, 976
56, 700 59, 000
599, 761 604, 008 611,301 621, 078 614, 851
78, 775 69, 240 74, 505 71,147 60, 674
57,735 50, 220
54, 505
51, 147 40, 674
103, 195 100, 001 96, 324 91, 121 89, 267
64, 321 68, 836 71, 441 77, 024 74, 590
353, 470 365, 931 370, 577 379, 000 385,354
4,136
5,043
9,982
1C, 229
1933 issue,

4,340
6,275
9,877

4,135
6,215
9,973

3,135
5,345
10, 794

3,560
4,983
10, 733

18, 825
9,587
22, 969

.029
.030
.036
54, 500 56, 900 55,000
618, 299 622. 142 617, 490
65, 123 60, 914 65, 431
41,123 36,914 38, 431
92, 153 94, 658 95, 151
71, 677
67, 583 66,911
386, 686 395,987 389, 997
3,229
4,303
10, 936

19, 512
* New series. Earlier data not published.

2,556
3,617
10, 227

3,261
4,340
9,484

.061
.049
57, 000 62, 000
620, 586 632, 565
81, 177 106, 510
54, 177 79, 510
98, 609 102, 511
70, 489 82, 331
370,311 341,213
5, 750
7,864
9,065

7,159
9, 956
8,733

a

.078
" 74, 000
619, 752
« 96, 794
71, 794
« 99, 906
88, 189
334, 853
7,642
11,326
9,311

14, 132
27, 800
§ Data revised for 1932, for revisions for full

SURVEY OF CURRENT BUSINESS

October 1933

Monthly statistics through December 1931, 1933
together with explanatory footnotes and references to the sources of the data, may be found
in the 1932 Annual Supplement to the Survey August August

51

1932

1933

Septem- October Novem- Decem- January
ber
ber
ber

Febru-

ary

March

May

April

June

July

RUBBER AND RUBBER PRODUCTS—Continued
TIRES AND TUBES
Pneumatic casings:
Production
thousands
Shipments, total
thousands
Domestic
__thousands__
Stocks, end of month
thousands
Solid and cushion tires:
Production.
_
thousands. .
Shipment5' total
thousands
Domestic
thousands
Stocks, end of month
_ .. ..thousands
Inner tubes:
Production
_ _ thousands
Shipments total
thousands
Domestic
thousands. .
Stocks end of month
thousands
Raw material consumed:
Fabrics
_
..thous. of lb._
Crude rubber. (See Crude Rubber.)

2 471
2,124
2,065
5 327

2 031
2,466
2,411
4 877

2 055
1 439
1,385
5 501

1 843
1 369
1,306
5 964

1 586
1,455
1,405
6 115

1 806
2 077
2,011
5 789

1 871
1 834
1,764
6 902

1 630
1,674
1,616
5 832

2 499
2 923
2,874
5 419

4 151
4 144
4,077
5 408

4 880
5,044
4,320
5,292

4,571
4,398
4,324
5,475

8
g

8
g

6
7

6
6

7
5

6
7

7
g

7
7

7
g

9
9

7
25

7
24

7
24

5
23

5
24

7
22

7
21

6
21

7
20

9
21

15
15

14
20

15
14

13
21

2,199
2 002
3,966
4 902

2,081
2 478
2,440
4 602

1,749
1 327
1,292
4 971

1 604
1 263
1,221
5 330

1,423
1 379
1,348
5 400

1,675
2 028
1,989
4 957

1,779
1 682
1,646
6 085

1,506
1,522
1,486
5 095

2 282
2 441
2,410
4 951

3,760
3 571
3,530
5 105

4, 358
4, 622
4,575
4 878

4,482
4,169
4,110
5, 152

10, 116

8,417

8,345

7,827

5,993

7,899

7,263

6,364

10, 460

16, 778

19, 553

18, 709

307

MISCELLANEOUS PRODUCTS
Rubber bands, shipments.
thous. of lb_.
Rubber clothing, calendered:
Orders net number of coats and sundries
Production number of coats and sundries
Rubber-proofed fabrics, production, total
thous of yd
Auto fabrics.
_
thous. of yd_.
Raincoat fabrics
thous. of yd__
Rubber flooring, shipments. ..thous. of sq. ft_.
Rubber and canvas footwear:
Production total
thous of pairs
Tennis
thous. of pairs
Waterproof
thous of pairs
Shipments, total
thous. of pairs..
Tennis
thous of pairs
Waterproof
thous. of pairs
Shipments domestic total thous of pairs
Tennis
thous. of pairs
Waterproof
. .thous. of pairs
Stocks, total, end of month thous of pairs
Tennis
thous. of pairs
Waterproof
thous of pairs
Rubber heels:
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:
Production
. _ thous. of pairs
Shipments, total*
thous of pairs
Export
__ thous. of pairs
Repair trade..
..thous. of pairs..
Shoe manufactures
thous. of pairs..
Stocks, end of month
thous of pairs
Mechanical rubber goods, shipments:
Total
_
..thous. of dolls..
Belting..
thous. of dolls..
Hose
_
thous. of dolls. .
Other..
thous. of dolls

260

319~

199

210

315

170

138

189

167

162

191

247

313

13 321
28 284

31 577
22 770

35 417
35 306

22 353
38 704

6 827
25 759

11 574
24 409

7 327
16 330

8 058
20 997

8 037
14 227

9 808
19 392

11 756
35, 873

2 952
268
1,489
434

4 510
301
2,719
421

4 918
404
3,065
383

3 890
332
2,461
307

1 779
234
707
252

2 052
'221
799
188

2 146
243
616
269

2 303
134
953
307

2 988
241
1,275
218

4 891
467
2,321
365

4, 249
603
3, 195
310

5,992
584
3,301
255

3 576
1,375
2 201
3,342
1 208
2,134
3 272
1,175
2,096
17, 358
4,615
12 743

3 767
1,190
2 577
4,641
1 249
o "jqo
4*589
1 226
3,363
16 483
4,556
11 928

4 139
1,055
3 084
5,234
600
4 634
5 189

5 007
1 385
3 623
6,375
454
4 922
5 330

4 782
1,603
3 179
4,813
651
4 262
4 773

3 172
2,636
3 230

3 860
2,794
1 066
4, 212
3 516

3 637
3 202

4 149
3 470

15 038
5 955
9 083

15 016
7 016
8 000

3 275
2,185
1 090
3,537
2 256
1 281
3 511
2 245
1,267
15 088
6 937
8 151

3 281
2,634

4,618
15 388
5 010
10 378

3 725
1 913
1 812
3,156
1 814
1 342
3 136
1 801
1 335
15 351
7 008
8 343

14, 965
6,730
8,235

14 462
6,135
8 326

14 110
5,413
8 697

3,732
2, 153
1,579
3,925
3,085
840
3,857
3,025
833
13, 922
4,485
9,437

3,824
1,496
2,327
4,333
2,251
2,082
4,253
2,181
2,072
13, 517
3,832
9,685

11, 073
14 395

14 205
18 000

16 736
16 222

14 162
13 188

12 433
13 641

13 142
IX 336

13 030
10 888

11, 222
10 761

10 353
12 383

19 427
20 484

23, 479
27, 717

21, 496
20, 116

2 433
8 694
21 808

2 909
7 758
25 267

7,914
25, 549

4,441
7 661
23, 740

13 419
22, 688

7, 155
20, 278
18, 402

6,184
13, 638
19, 861

3,959
3,925
235
271
3,419
3 302

3,108
3 256
266
2,988
3,215

5,209
5 482
1
335
5,146
3 006

6,094
6,786
5
395
6,386
2,228

5,154
5,024
4
436
4,584
2,333

2,018
358
802
858

2,273
| 371
1903
999

2,847
521
1,067
1,259

3,924
865
1,471
1,588

4,191
1,187
1,428
1,575

187
4,260
9,948

297
5,520

571

233

422
4,908

184
3,966

168
4,254

258
2,423

209

221

12 183
20, 534

5 012
10 977
21, 029

9 038
21, 749

10 960
20 337

2,599
2 660
12
140
2,508
2,373

4,054
4 353

5 081
4 792

4 780
4 420

4 247
3 777

215
4,131
2 024

269
4,519
2 168

316
4,099
2 559

4,647
5 265
6
209
5,050
2 369

275
3,502
2 766

4,008
3 728
3
362
3,362
3 121

2,152
563
785
804

1,975
456
706
813

2,192
481
844
867

1,990
423
709
858

1,992
397
780
816

2,060
382
730
949

1,815
352
633
830

24, 449

7

4

5

1

647
3,390
2,842
548
3,339
2,800
539

170
2,677

536
3,672
442

435

281

1

696
679

182
6,883

284

293

STONE, CLAY, AND GLASS PRODUCTS
BRICK #
Common brick, wholesale price, red, N.Y.
dolls, per thous ..
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 t
.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

«

9.25

9.30

9.25

9.25

9.25

9.25

10.13

9.25

9.25

9.25

9.25

9.25

9.25

432
256
226
2,790

477
149
258
3,196

424
180
228
3,177

363
200
221
3,119

351
151
134
3,091

352
98
85
3,133

292
35
79
3,061

300
24
50
3,030

324
27
94
2,975

359
93
131
2,911

350
139
169
2,860

398
157
207
2,823

408
245
213
2,797

5,923
2,537
176
2,508
4, 151

2,254
2,523
455
1,808
5,898

3,650
2,187
300
1,668
4,813

8,050
901
0
1,231
4,477

5,755
798
82
884
4,792

7,325
606
110
1,233
4,622

4,812
307
80
778
4,020

3,675
511
15
861
3,501

2,775
492
50
742
3,003

1,580
588
72
606
3,877

1,315
730
71
1,265
1,936

3,955
1,148
15
947
2,042

1.436
6,262
27.4
6,709
20, 117
6,769

1.436
7,804
35.2
7,979
19, 936
6,840

1.549
8,609
37.6
8,697
19, 848
« 6, 832

PORTLAND CEMENT

1.436
1.388
1.586
1.388
1.388
1.388
1.424
1.436
1.436
1.426
3,684
7,835
8,210
7,939
6,462
4,183
8,223
4,248
2,958
2,777
34.2
29.1
35.9
18.5
12. 9
16. 1
18.9
36.9
34.6
13.4
4,782
3,510
5,994
10, 968
9,729
8,743
2,502
4,949
2,835
2,278
19, 398
22, 077
17, 878
17, 084
18, 788 20, 205 20, 624 21, 125 21, 298 20, 542
7,146
5,938
6,422
6,890
7,175
6,093
6,092
6,708
5,995
6,470
* New series. Earlier data not published on rubber heels and soles. For machine production of brick see p. 20 of the June 1933 issue.
t Adjusted for degrading and year-end physical inventories.
# Census Bureau has comparative summaries for 2 months only on structural clay products. Series not comparable over 13-month period.

Price, wholesale, composite
dolls, per bbL.
Production
thous. of bbL_
Percent of capacity
Shipments
thous. of bbL.
Stocks, finished, end of month, .thous. of bbL.
Stocks, clinker, end of month.. _thous. of bbL.




• Revised.

52

SURVEY OF CURRENT BUSINESS

October 1933

1933
Monthly statistics through December 1931, 1933
together with explanatory footnotes and references to the sources of the data, may be found
Decem- January Februin the 1932 Annual Supplement to the Survey August August l86^- October November
ber
ary

1933
March

April

May

June

July

STONE, CLAY, AND GLASS PRODUCTS—Continued
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
Percent of full operation » . Unfilled, end of month number of turns
Production:
Total
number of turns
Percent of full operation
Shipments:
Total
_ - - - number of turns ._
Percent of full operation
Stocks, end of month.
number of turns..
Plate glass, polished, production^
thous. of sq.[ft__

2,492
72.3
2,553
5,033

11, 768

1,660
49.1
« 1, 789
« 5, 871

1,462
46.8
2,027
5,167

1,750
63.8
1,774
5,123

1,462
44.9
1,366
5,343

1,636
51.3
1,738
5,244

1,020

1,164

1 151

1,455

1, 485

1 363

1,187

948

1,043

1,286

1,222

1 219

885

782

1,090

1,338

1,144

795

1,122
38.7
5,254

1,087
37.5
5,063

1,279
44.1
4,799

1,260
43 5
4,852

1,083
37.4
4,949

1,843

3,567

4,120

4,718

4,268

1,508
46.4
1,422
5,247

1,704
49.5
1,621
5,406

1,568
49.2
1,682
5,305

1,693
49.1
1,969
5,036

2,007
60.5
2,129
4,893

1,049

1,379

1,300

2 241

2 145

1 331

1 280

1,327

1,390

2 217

2 324

2 100

1,010

1,008

1,161

1,484

1 670

1 611

986
34 0
4,480

1,006
35 4
4,397

1,267
44.6
4,388

1,226
43 2
4,342

1,422
50.1
4,413

2,027
71 4
4,091

1,583
55.8
4,110

6,472

5,186

5,112

4,893

8,286

9,946

11, 828

1,585
51.8
1,508
5,325

2,322
72 8
2,112
5,103

GYPSUM *
Crude (quarterly):
Imports
..
.. _ _ short tons
Production
short tons
Shipments (uncalcined)
._ short tons
Calcined (quarterly):
w
Production. _
_ ,_ _. . short tons
Calcined products (quarterly):
Shipments:
' ']"
Board, plaster (and lath)_,thous. of sq. ft..
Board, wall ...
thous. of sq. ft
Cement, Keenes
short tons
Plasters, neat, wood fiber, sanded,
gaging, finish, etc
short tons..
For pottery, terra cotta, plate glass,
mixing plants, etc
short tons
Tile, partition
thous. of sq. ft._

173, 366
423, 139
159, 160

80, 366
252, 891
96, 374

197, 730
61, 106

o

74, 240
369 016
146, 569

262, 812

199, 083

168, 931

297, 033

31, 435
52, 441
3,597

22, 951
41, 663
2,634

18, 882
42, 442
2,073

28, 945
67, 438
3 831

202, 332

155, 603

121, 490

217, 274

19, 130
1,842

18, 219
1,393

17, 249
1,406

24 795
1,516

TERRA COTTA
Orders, new:
Quantity
Value

.

..

short tons
thous. of dolls..

182
21

1,377
118

672
62

790
88

1,365
96

1,188
92

1,306
79

292
26

2,333

1,105

1 297

72

565
47

834
68

198

67

TEXTILE PRODUCTS
CLOTHING
Hosiery: *
Orders:
New
thous. of dozen pairs
Unfilled, end of month
thous. of dozen pairs..
Production
thous. of dozen pairs..
Shipments, net
thous. of dozen pairs
Stocks, end of month.. thous. of dozen pairs..
Men's and boys' garments cut: t
Overcoats
thous. of garments..
Separate trousers
. thous. of garmentsSuits
thous. of garments
Rubber clothing. (See Rubber products.)

5 595

6,693

6,582

5,145

4,185

3,666

3,860

5,006

5 406

7 547

8 075

4,684

3,360
4,117
4,311
8,818

4,043
5,346
5,760
8,492

4,413
6,003
6,006
8,154

3,617
5,680
5,645
8,070

2,877
4,695
4,783
8,251

3,006
4,197
3,516
9,010

2,826
4,063
4,047
9,010

3,109
4,408
4,731
8,776

3,892
4,263
4,603
8,469

5,865
5,559
5,358
8,740

7,155
6,115
6,537
8,390

5,939
5,075
5,556
7,719

285
1,664
1,480

482
2,025
1,734

638
1,947
1,565

554
1,495
964

172
1,164
1,077

178
1,390
1,450

267
1,436
1,850

216
1,676
1,745

122
1,844
1,593

131
2,106
1,599

330
2,401
1,807

409
2,089
1,681

COTTON
600
696
621
494
492
504
442
471
502
440
471
Consumption f
thous. of bales
403
589
Exports:
»
Quantity, exclusive of linters
692
615
592
794
488
436
1,012
1,040
557
734
1,008
thous. of bales. .
452
531
Value. (See Foreign Trade.)
Qinnings (total crop to end of month)
171
12, 710
9,246
11, 631
12, 086
thous. of bales
865
4,835
12, 418
1 394
9
7
7
4
11
12
14
7
9
13
Imports
thous. of bales.
21
16
10
Prices:
.106
.087
.082
.061
.061
To producer
dolls. perlb__
.072
.054
.056
.055
.064
.059
.065
.088
.108
.096
.070
.086
.061
.069
.062
.059
Wholesale, middling, N.Y
dolls, per lb_.
.074
.077
.062
.066
.096
/ 13, 002
Production, crop estimate
thous of bales « 12 414
771
761
584
728
569
Receipts into sight §
thous. of bales..
782
1,860
2,784
1,586
599
2,970
1,078
526
Stocks, end of month: f
Domestic, total mills and warehouses
7,090
7,720
8,716
9,520
10, 250
11,880
11, 094
12, 134
11,516
10, 822
9,056
thous. of bales.. 6,946
7,638
1,401
1,351
1,343
1,395
1,442
1,368
1,530
1,495
Mills
.
_ thous. of bales.. 1, 160
1,087
1,267
1,457
1,090
5,739
6,319
8,152
7,321
8,907
9,827
10, 021
9,380
7,969
10, 677
10, 350
Warehouses
thous. of bales
6 548
5 786
8,341
7,713
9,014
9,796
9,560
10, 182
9,479
10, 518
10, 552
10, 549
World visible supply, total
thous. of bales.. 7,254
7,602
8,251
6,429
5,608
7,042
7,613
7,977
8.403
6.534
7.783
8.884
8.878
8.759
American cotton
_
_thous. of bales. . 5.602
5.751
° Revised.
• As of Sept. 1.
f Final estimate.
§ Data for fiscal year 1932 revised August 1931, 331; September, 1,654; October, 4,121; November, 3,048; December, 1,838; January 1932, 1,570; February, 931; March,
881; April, 577; May, 352; June, 221. For revision of fiscal year 1933 see p. 52 of the September 1933 issue.
# Partly estimated for months of 1933.
* New series. For earlier data on gypsum see p. 20 of the January 1933 issue. For hosiery see p. 19 of the April issue, 1933 data partly estimated. Earlier data on
glassware not published.
t For revisions for the year ended July 1932 see p. 20 of the February 1933 issue.




53

SURVEY OF CUREENT BUSINESS

October 1933

1933
1932
Monthly statistics through December 1931,
together with explanatory footnotes and references to the sources of the data, may be found
Decem- January Februin the 1932 Annual Supplement to the Survey August August SeptemOctober November
ber
ber
ary

1933
March

April

May

June

July

TEXTILE PRODUCTS—Continued
COTTON MANUFACTURES
Cotton yarn:
Carded sales yarn:
Orders, unfilled, end of mo thous. of Ib _
Production (weekly average) thous. of Ib
Stocks, end of month
thous. of lb_.
Prices, wholesale:
.361
22/ls, cones, Boston..
. dolls, perlb
40/ls, southern, spinning
dolls, per lb._
.548
Cotton goods:
Abrasive cloth. (See Paper Products.)
Cotton cloth:
Exports§
thous. of sq. yd.. 18, 213
1,404
Imports
thous. of SQ. yd
Fiber consumption for tires. (See Rubber and
Rubber Products.)
Prices, wholesale:
.070
Print cloth, 64 x 60
dolls, per yd..
Sheeting, brown, 4 x 4 (Trion mill)
.088
dolls, per yd._
Cotton cloth finishing:
Printed only (mills and outside):
Production
thous. of yd..
Stocks, end of month
thous. of yd..
White, dyed and printed (outside mills):
Billings (finished goods)
thous. of yd..
Operations
percent of capacity
Orders, new, gray yardage... thous. of yd..
Orders unfilled, end of mo
day's prod
Shipments (finished goods)
cases..
Stocks, end of month (finished goods)
cases
Spindle activity: f
Active spindles
thousands.. 25, 885
Active spindle hours, total,, mills, of hours.. 7,942
258
Average per spindle in place
hours..
106.7
Operations
percent of capacity
RAYON AND SILK
Rayon:
Imports
thous. of lb._
Price, wholesale, 150 denier, "A" grade,
N.Y
dolls, per Ib..
Stocks imported end of month thous of Ib
Silk:
Deliveries (consumption)
.
. bales
Imports, raw
thous. of Ib—
Operations, machinery activity:
Broad looms
. percent of capacity
Narrow looms
percent of capacity
Spinning spindles
percent of capacity
Prices, wholesale:
Raw, Japanese, 13-15, N. Y_. dolls, per lb._
Silk goods, composite
dolls, per yd..
Stocks, end of month:
World, visible supply
bales..
United States:
At manufacturers
bales
At warehouses
.
bales

33, 551
1,798
11, 188

35, 108
2,534
10, 315

30, 592
2,885
9,533

28, 474
2, 531
10, 046

28, 901
2,131
11, 099

27, 321
2,225
11,612

26, 459
2,095
12,072

29, 326
1,720
11, 892

33, 455
2,116
10, 481

38, 362
3,047
9,927

39, 974
3,469
7,717

.183
.264

.208
.288

.196
.281

.187
.271

.174
.270

.168
.270

.163
.270

.175
.276

.179
.278

.216
.306

.251
.345

.311
.410

24, 157
1,166

25, 227
1,155

24, 010
1,633

25, 379
2,118

30,479
2,498

34, 332
2,625

34, 215
2,794

39, 475
4,125

28, 150
3,510

27, 384
4,808

30, 178
3,823

28, 704
3,088

.039

.041

.037

.033

.033

.032

.031

.032

.037

.048

.059

.067

.040

.047

.046

.041

.038

.038

.037

.037

.039

.050

.064

.077

64,480
62, 547

87, 988
59, 040

87, 956
66, 633

69, 515
74, 850

79, 175
81, 933

88, 300
80, 097

93, 773
82, 272

95, 746
80, 446

74, 463
80, 765

88, 278
81, 740

100, 479
75, 395

90, 106
72, 909

38,092
42
48, 994
2.2
21, 802

62, 247
57
58, 788
2.2
26, 496

55, 594
62
51, 406
1.9
28,081

47, 956
49
45, 570
1.1
24, 748

37, 674
41
55, 786
1.6
19, 864

38, 282
55
52, 258
2.1
25, 698

47, 503
67
55, 891
2.7
28, 156

51, 148
60
61, 681
2.1
30, 339

43,006
60
58, 847
3.0
28,700

55, 018
68
72, 565
3.0
34, 684

80, 782
84
140, 632
8.8
51, 004

75, 847
76
93, 660
4.6
48, 389

13, 285

14, 896

17,086

18, 684

14, 590

13, 407

14, 919

15,768

16, 104

15, 418

30, 580

35, 433

22, 022
5,539
175
72.4

23, 884
6,866
218
94.6

24, 588
7,046
224
97.0

24, 350
6,967
221
96.9

23, 775
6,386
203
87.2

23, 767
6,788
217
95.1

23, 659
6,286
202
95.0

23, 429
7,048
227
93.9

23, 417
6,569
212
95.7

24, 571
8,310
268
112.3

25, 541
9,299
301
129.1

26, 069
8,128
263
117.5

1,126

400

502

517

425

285

221

351

45

8

52

366

828

.65

.55
286

.60
240

.60
228

.60
225

.60
226

.60
a 242

.60
241

.60
257

.50
253

.55
249

.60
237

.60
287

59, 905
7,134

59, 694
8,564

53, 703
7,331

43, 955
8,066

40, 548
8,301

46, 204
4,988

32, 665
3,402

38, 934
4,254

41,910
5,660

47, 151
6,404

53, 627
7,732

44, 597
8,396

67.6
38.3
50.2

83.7
43.6
62.0

84.5
46.8
61.9

76.2
45.3
52.2

83.2
34.2
55.5

89.7
37.2
56.8

80.6
36.8
48.9

56.6
36.3
38.2

59.2
42.2
49.8

75.4
46.0
52.3

74.8
53.0
62.8

82.9
53.2
78.4

1.647
.92

1.805
.92

1.673
.92

1.562
.92

1.550
.91

1.305
.90

1.201
.89

1.182
.89

1.324
.92

1.586
.95

2.155
.98

2.273
1.02

42, 852
7,828

1.881
1.04

246, 148

249, 258

246, 450

258, 280

282, 616

256, 142

239,864

237, 236

234, 523

224, 425

218, 923

243, 529

23, 092
55, 515

24, 951
52, 228

22, 250
49, 393

22, 826
54, 465

24, 336
57, 932

22, 443
62,837

23,406
69, 747

22, 074
60, 459

20, 243
43, 814

21, 151
43, 038

20, 243
40, 125

22, 190
33, 933

21, 458
51,684

55, 694
40, 060

41, 361
693

46, 055
1,554

42, 423
4,468

38,963
5,408

36,532
4,977

35, 510
5,134

33, 278
4,864

24, 943
4,451

28, 701
6,140

46, 898
3,179

58,688
10, 898

57, 377
31, 406

113

85

106

100

82

92

84

87

55

62

107

134

134

45
51
87

19
26
60

24
36
65

29
43
66

28
42
59

23
33
58

23
36
59

23
36
68

22
28
43

25
29
42

31
46
66

44
53
87

46
54
97

99
83

59
57

70
74

73
73

60
58

55
57

59
56

60
57

42
32

53
35

77
72

100
92

108
96

.80
.37

.39
.16

.48
.23

.47
.22

.45
.21

.44
.20

.44
.20

.43
.19

.44
.19

.49
.20

.63
.29

.70
.32

.79
.35

WOOL
Consumption, grease equivalent. .thous. of lb_.
Imports, unmanufactured §
thous. of Ib
Operations, machinery activity:
Combs
percent of capacity
Looms:
Carpet and rug.
.percent of capacity
Narrow
percent of capacity
Wide
percent of capacity
Spinning spindles:
Woolen
percent of capacity
Worsted
percent of capacity
Prices, wholesale:
Raw, territory, fine, scoured dolls, per lb._
Raw, Ohio and Penn.fleeces—dolls, per lb..
Suiting, unfinished worsted, 13 oz. (at mill)
dolls, per yd..
Women's dress goods, French serge, 54" (at
factory)
dolls, per yd—
Worsted yarn, 2/32s, cross-bred stock, Boston
dolls, per lb..
Receipts at Boston, total
thous. of lb..
Domestic
thous. of lb._
Foreign
thous. of lb..

1.765

1.135

1.175

1.175

1.175

1.175

1.175

1.175

1.175

1.163

1.395

1. 550

1.613

1.065

.750

.750

.750

.750

.750

.750

.750

.750

.750

.780

.925

.975

1.18
61, 303
45, 593
15, 710

.76
42,909
42, 764
145

.85
28, 281
28, 209
72

.88
17, 556
16, 960
596

.85
11,858
11, 136
722

.83
5,927
5,063
864

.80
8,978
7,991
987

.80
9,281
8,384
897

.80
4,657
4,032
625

.83
6,835
6,544
291

.93
17, 630
17, 415
215

1.09
54, 510
52, 995
1,515

1.17
83, 318
70, 876
12, 442

29, 064
21, 344

28, 865
22, 937

22, 413
17, 521

34, 842
25, 118

27,284
12, 307

30, 192
20, 079

34, 251
17, 820

34, 499
23, 807

MISCELLANEOUS PRODUCTS
Burlaps and fibers, imports:
Burlaps
thous. of lb.. 50, 203 29,931 23, 114 22, 403 31, 340
Fibers
... _ long tons
23, 323
24, 457
25, 737
20, 523
21,895
a
Revised,
t For revisions for the year ended July 1932 see p. 20 rf the Fel>ruary 192 3 issue.
§ Data for 1932 revised. For revisions for fiill year 11)32 see p. 53 of the .Fune 1933 issue.




54
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
1933

October
1933

1933

DecemOctober NovemAugust August September
ber
ber

January

February

March

April

May

June

July

TEXTILE PRODUCTS — Continued
MISCELLANEOUS PRODUCTS-Con.
Buttons and shells:
Buttons:
Imports, total §
thous. of gross
From Philippines
thous. of gross..
Fresh- water pearl:
Production
. . percent of capacity
Stocks, end of month
thous. of gross..
Shells, imports, total
..thous. of lb_.
Mother of pearl
thous oflb
Tagua nuts, imports
__. thous. of lb_.
Elastic webbing, shipments
thous. of dolls
Fur, sales by dealers
thous. of dolls..
Pyroxylin coated textiles (artificial leather):
Orders, unfilled, end of month
thous. of linear yd
Pyroxylin spread
_ .. .thous. of lb..
Shipments, billed
thous of linear yd

93
62

93
87

69
66

50
47

72
67

77
64

88
49

73
57

71
58

75
61

98
74

86
74

114
77

779
713
3,264

30.3
7,939
751
184
609
518
2,879

39.2
7,340
271
219
516
774
4,016

46.3
7,136
356
285
1,063
850
3,233

45.2
7,194
413
360
599
731
1,688

38.0
8,025
741
214
586
605
1,275

40.0
7,971
684
677
864
663
1,547

41.3
7,751
297
267
1, 356
656
1,498

36.2
7,325
3,255
394
1,087
619
1,473

43.2
7,132
200
181
865
615
2,053

51.3
6,938
567
549
1,176
820
3,288

54.2
6,792
172
120
1,983
1,093
3,663

49.0
5,983
815
150
3,236
1,301
3,860

1,785
1,959
1,881

1,996
2,403
2,410

2,096
2,216
2,282

1,779
1, 855
1,783

1,675
1,862
1,791

2,175
2,121
1,956

2,188
2,374
2,128

1,992
2, 333
2,079

2,699
3,039
2,781

2,753
3,920
3,760

3, 745
4,450
4,202

3,195
4,348
4,280

5,137

Wfw.-jwww**-

TRANSPORTATION EQUIPMENT
AIRPLANES
Production, total
number
101
118
59
Commercial (licensed)
number. _
58
29
Military (deliveries)
number
18
24
For export
number
31
AUTOMOBILES
Exports:
Canada:
1, 714
Automobiles, assembled
number..
1,654
1,523
Passenger cars
number
1,233
1 108
1,368
United States:
Autos and parts, value. (See Foreign
Trade.)
Automobiles, assembled, total §. .number.. 10, 308
5,654
4,937
6,516
Passenger cars §
«
_ number..
2,893
3,053
3,792
2,044
Trucks §
number..
2,601
Financing:
Retail purchasers, total
thous. of dolls..
45,069
38, 837
21, 551
New cars
thous. of dolls
24, 645
Used cars
thous of dolls
18 909
15 989
Unclassified
thous. of dolls
1,297
1,516
Wholesale (manufacturers to dealers)
thous. of dolls
22, 104
18 677
Fire-extinguishing equipment:!
Shipments:
20
Motor-vehicle apparatus _
number.
23
26
Hand types
number. _ 21, 183
14, 453
13, 708
Production:
Automobiles:
6,079
Canada, total
_
number..
2,342
4,067
4,919
Passenger cars .
. ._ number..
1,741
3,166
236, 480
90, 325
United States, total
number
84, 150
64, 735
Passenger cars
_ number. 195, 076
75, 898
68
Taxicabs
number. _
9
13
41, 336
Trucks .
-.
number
14, 418
19, 402
961
«233
Automobile rims
thous. of rims.198
Registrations, new passenger cars t number. _ P175, 000
93, 457
81, 893
Sales (General Motors Corp.):
86, 372
34, 694
To consumers __ .
number
37, 230
30, 419
To dealers, total..
.number. . 97, 614
30, 117
23, 545
24, 151
U.S. dealers
number.. 84, 504
Shipments, accessories and parts, total t
Jan 1925 — 100
35
35
Accessories, original equipment
24
22
Jan 1925=100
Accessories to wholesalers
Jan. 1925 =100. .
56
47
Replacement parts
..Jan. 1925=100..
94
99
Service equipmentJan. 1925=100..
43
40
RAILWAY EQUIPMENT
Equipment condition:
Freight cars owned:
Capacity
mills, of lb.. 195, 487 202, 196 201, 594
2,061
Nurnber, total
thousands _
2,149
2,141
304, 202 253, 608 262, 153
Bad order, total number
14.9
12.4
Percent of total in bad order, .
11.9
Locomotives, railway:
Owned:
2,390
Tractive power
mills, of lb..
2,458
2,448
Number, total
number
52, 936
51, 058
53, 192
Awaiting classified repairs ...number.. 11, 000
8,396
8,875
21.9
16.2
17. 1
Percent of total62
Installed
number
73
31
248
Retired
number
133
287
Passenger cars:
49, 310
On railroads (end of quarter)
number
Equipment manufacturing:
Freight cars:
130
1,285
Orders, new, placed by railroads
cars_.
16
1,275
Orders, unfilled, total.,
._ cars.
1,129
1,404
0
0
E quipment manufacturers
cars. .
0
1,404
1,275
Railroad shops.— »
cars..
1,129
1
44
Shipments, total
cars..
427
1
392
19
Domestic
_
cars..
• Revised.
§ Data revised for 1932. For revisions for full year 1932 see p. 54 of the
t Revised series. See p. 19 of the August 1933 issue for earlier data on
published.
p Preliminary.




111
48
21
42

98
34
20
44

125
37
49
39

87
35
27
25

92
21
30
41

119
44
45
30

106
62
27
17

122
66
35
21

143
78
48
17

2,416
2 124

1,338
1, 163

1,090
833

475
289

256
169

1,601
1,658

1,256
936

2,690
2,194

2,247
1,805

1,731
1 220

4,282
1,733
2,549

3,115
1,762
1,353

4,978
2,757
2,221

10, 143
7,059
3,084

8,657
5,521
3,136

8, 056
5,528
2,528

8,318
5,662
2,656

7,538
5,093
2,445

7,235
4, 757
2,478

9,128
5, 546
3,582

33,624
17, 644
15 036
943

27, 727
13, 981
12 834
913

27. 025 «a 31, 280 « 29, 189 « 33, 547 ° 45, 337 « 58, 193
14, 091 a 18, 328 « 16, 842 0 19, 464 0 28, 226 a 37,475
19, 428
13, 335 16, 107
12 174 o 11 725
12 174
1, 289
1,005
748
760
779
621

65, 514
43, 004
21, 182
1,328

60, 135
43, 334
20 542
1,259

13 132

11 774

20, 131

30, 134

37, 515

27, 706

40, 841

55, 006

56, 938

58, 309

17
12, 089

14
11, 695

21
10, 047

14
10, 749

24
11,841

28
12, 870

31
12, 415

18
16, 401

25
22, 642

21
19, 495

2,923
2,361
48 702
35, 102
5
13, 595
237
63, 195

2,204
1,669
59 557
47, 293
239
12, 025
455
44, 358

2,139
1,561
107, 353
85, 858
291
21, 204
559
45, 683

3, 358
2,921
130, 044
108, 321
5
21, 718
727
79, 821

3,298
3,025
106, 825
91, 340
152
15, 333
580
69, 464

6,632
5,927
117,949
99, 225
660
18, 064
347
78, 741

8,255
6,957
180, 667
152, 939
411
27, 317
898
119, 909

9,396
8,024
218,303
184, 644
'
54
33, 605
938
160, 242

7,323
6,005
253, 322
211, 448
35
41, 839
1,015
174, 190

6,540
5, 322
233, 088
195,019
4
^8, 065
890
185, 660

26, 941
10, 924
5,810

12, 780
5,781
2,405

19, 992
53, 942
44, 101

50, 653
82, 117
72, 274

42,280
59, 614
50, 212

47, 436
58, 018
45, 098

71, 599
86, 967
74, 242

85, 969
98, 205
85, 980

101, 827
113, 701
98, 9-%

87, 298
106,918
92, 546

39

45

51

51

50

41

64

71

81

76

°6
85
91
36

36
73
86
31

48
54
76
28

46
46
84
36

45
40
84
34

33
42
87
32

59
46
106
38

64
56
118
50

73
99
129
50

68
83
119
47

201, 326
2,138
268, 170
12.7

201, 055
2,134
265, 239
12.6

200, 547
2,127
266, 066
12.6

200, 250
2,123
266, 594
12.7

198, 997
2,106
269, 378
12.9

198, 652
2,101
274, 368
13.2

198, 158
2,095
286, 987
13.8

197, 664
2, 088
303, 758
14.7

2,444
52, 791
9,190
17.8
47
193

2,439
52, 650
9,316
18.0
32
173

2,435
52, 490
9,558
18.5
36
196

2,432
52, 401
10, 014
19.4
31
120

2,428
52, 237
10, 290
20.0
57
221

2,423
52, 081
10, 545
20.6
41
197

2,422
52, 020
10, 743
21.2
44
105

2,410
51, 654
11, 103
21.9
43
410

2,407
51, 537
11, 203
22 2
89
° 355

50
1,561
0
1,561
0
0

8
1,205
0
1, 205
3
3

500
1,205
0
1,205
2
2

2
2,398
0
2,398
12
12

50
2,431
50
2,381
15
14

0

2,396
51, 233
11, 109
22 1
23
322

48, 599

48, 988
0
2,465
0
2,465
0
0

196, 733 ° 196, 059
2,077
2,069
316, 107
316, 437
15.4
15.4

3
2,223
1
2, 222
3
3

0
1,974
0
1,974
15
15

June 1933 issue.
fire extinguishers and passenger-car registrations

6
1,873
0
1,873
9
9

66
1,187
0
1,187
165
120

Earlier data on accessories and parts not

SURVEY OF CURRENT BUSINESS

Sctober 1933

Monthly statistics through December 1931, 1933
together with explanatory footnotes and references to the sources of the data, may be found
in the 1932 Annual Supplement to the Survey August August

55
1933

1932
Septem- October Novem- Decem- January February
ber
ber
ber

March

April

May

June

July

TRANSPORTATION EQUIPMENT—Continued
RAILWAY EQUIPMENT— Continued
Equipment manufacturing— Continued
Locomotives, industrial electric (quarterly):
Shipments total
number
Mining use
number
Locomotives, railway:
Orders, new, placed by railroads-number. _
Orders, unfilled, end of month —
Equipment manufacturers (Census)
total
number__
Domestic, total
number
Electric
number..
Steam
number..
Railroad shops (A.R.A.)—
number .
Shipments:
Domestic, total
number..
Electric
number
Steam
number..
Exports, total §
number
Electric§
number
Steam
.
number
Passenger cars:
Orders, new, placed by railroads-number. .
Orders, unfilled (end of quarter) number
Shipments, total
numberDomestic
nuinber.-

12
12

14
14

13
12

26
26

0

0

0

0

0

1

4

2

0

0

2

0

11

79
77
75
2
1

111
105
104
1
5

98
96
95
1
4

86
86
85
1
3

78
78
77
1
3

73
73
72
1
3

71
71
70
1
3

a 70
aa 70

69
69
67
2
3

68
68
6-7
1
3

70
67
66
1
1

71
68
66
2
1

80
77
75
2
1

2
1
1
11
8
3

9
9
0
1

9
9
0
2
2
0

10
10
0
12
12
0

8
8
0
2
2
0

6
6
0
6
6
0

2
2
0
0

1
1
0
5
5
0

11

o

1
0
1
5
5
0

0

0

2
2
0
9
4
5

0
0
0

o

»a 3
3
0
2
2

0

0

0

0

0

0

0

0

0
0

0
0

0
0

6
0

4
4
0
0

0

0
0

0
15
0
0

0

0
0

0
47
0
0

0
0

6

o

0

4
4

51
51
0

19
19
0

16
16
0

31
27
4

12
12
0

13
13
0

21
21
0

27
27
0

38
38
0

12
11
1

22
22
0

52
52
0

57
57
0

5,673
1,867

147
2,697
240

94
10, 273
9,601

87
22, 795
19, 834

18
39, 179
36, 733

18
7,698
5,888

22
15, 944
13, 741

24
9,338
8,531

14
41, 213
37, 537

12
2,885
1,578

18
9,474
7,246

35
2,794
35

38
5,264
319

o

1

68
2
3

0

7
4

o

0
8
8

o

ELECTEIC TRUCKS AND TRACTORS
Shipments, industrial, total
Domestic
.
Exports

number..
_ _. _ numbernumber. .

SHIPBUILDING
United States:
Merchant vessels under construction
thous of gross tons
Completed during month _ _ total gross t»ns._
Steel
total gross tons..
World (quarterly):
Launched:
Number
ships
Tonnage
thous. of gross tons
Under construction:
Number
ships
Tonnage _
- -. thous. of gross tons. _

53
188

58
213

192
901

203
766
,-

83
79

232
741

209
732

.te>

CANADIAN STATISTICS
Business indexes: *
75.8
72.6
75.3
77.1
78.1
Physical volume of business.. . 1926=100 _
89.8
70.4
89.5
67.7
71.8
71.9
73.6
Industrial production, total
1926= 100. .
39.4
19,5
31.5
25.5
30.7
37.1
Construction
1926=100
134.4
168.0
128.0
131.3
137.1
127.8
Electric power
1926=100.70.2
70.6
72.3
74.3
75.5
Manufacturing
1926=100..
96.9
60.0
64.7
65.8
59.6
60.5
Forestry.
1926 = 100
94.0
90.5
86.4
Mining
1926=100..
84.8
89.5
99.3
95.7
86.9
86.1
Distribution .
1926=100
90.5
90.4
91.3
88.8
58.4
60.1
64.3
68.1
59.8
Carloadings
1926=10067.9
47.5
66.4
47.3
63.0
64.6
Exports (volume)
1926= 100__
65.1
67.5
64.7
70.6
59.8
63.8
Imports (volume)
1926=100..
65.0
113.4
113.7
115.3
114.3
111.6
Trade employment
1926=100.112.7
189.0
83.8
62.3
59.1
196.6
Agricultural marketings
1926=100 _
197. 2
87.4
59.5
222.6
213.9
56.6
Grain marketings
1926=100
224.6
67.4
70.3
74.5
79.9
77.1
Livestock marketings
1926 ==100..
74.5
Commodity prices:
80.4
80.4
81.4
80.0
Cost of living index.. . ._ _
1926=100
81.1
a
66.7
64.0
« 64.7
°65. 9
65.0
Wholesale price index
1926 = 100
69 4
83.2
86.3
86.0
86.7
84.7
87.1
Employment, total (first of month) .1926 = 100—
84.4
67.6
84.3
77.9
Construction and maintenance. ..1926 =100..
90.0
88.4
80.3
82.6
83.1
84.1
Manufacturing
1926=100
81.7
85 2
98.2
101.2
99.9
Mining
1926 = 100.,
96.5
94.8
97.4
119.4
103.7
109.8
106.5
Service
1926=100
117.0
111.8
115.4
113.1
114.5
117.8
113.8
Trade 1926=100
110 5
83.9
87.2
Transportation
1926=100-.
86.5
84.5
85.3
81.2
Finance:
Banking:
2,085
2,367
2,466
2,116
2,098
Bank debits
mills, of dolls.2,649
Exchange. (See Finance.)
102.7
102.3
103.3
101.9
98.1
Interest rates
1926=100
95 0
196
193
199
229
188
Commercial failures *
numberLife insurance, sales of ordinary life (15 cos.)
thous. of dolls__ 27, 263 28, 370 25,207 29, 858 34, 003 33, 483
Security issues and prices:
178
New bond issues, total
thous. of dolls.. 94, 790 59, 529 71, 103 106, 046 45, 094
o
825
125
180
360
Corporation
thcus of dolls
500
Dominion and provincial
0
thous. of dolls.. 80, 000 55, 980 68, 350 104, 275 35,000
1,646
2,573
178
3,189
Municipal
thous. of dolls.. 14, 290
9,269
0
0
0
0
0
0
Railways
thous. of dolls
4.92
4.88
4.70
4.90
Bond yields
percent-4.95
4.55
53.4
51.3
63.0
54.8
Common stock prices, total
1926=100—
59.0
78.7
76 1
67 5
74.4
69 6
Banks
1926=100
73.9
75 2
58.4
73.8
63.1
62.5
Industrials
1926=100
69.9
113.3
45.1
Utilities.
1926=10056.9
46.6
49.1
51.9
53.9
« Revised.
* New series. For earlier data see p. 18 of the February 1933 issue (business indexes) and p. 20 of this
§ Data revised for 1932. For revision for full year 1932 see p. 55 of the June 1933 issue.




55
93

68.1
62.2
25.2
131.6
62.2
63.4
80.5
84.3
56.1
56.6
52.4
111.5
56.1
52.5
71.9

67.0
60.9
20.3
136.1
68.7
59.8
94.2
83.8
57.9
49.6
50.8
110.9
76.5
75.9
79.4

68.4
62.5
16.1
134.4
62.7
60.7
91.4
84.8
61.8
51.1
50.0
110.5
129 0
140 2
77.8

69.8
65.1
20.6
134.9
67.0
63.7
81.9
82.9
59.4
47.9
44.2
110.1
104. 1
109 7
79.2

76.4
72.7
14.1
138.9
77.4
75.7
93.4
86.7
62.9
66.6
54.8
110 3
95.4
98 3
82.5

82.2
79.8
19.6
149.0
85.7
79 2
95.0
88 9
66.8
65.3
56.7
112 2
221 9
252 5
84.8

84. 1
82.6
34.0
160.7
88.2
87 0
78.3
88 4
62.6
71.5
59.7
111 9
136 3
148 5
81.2

79.7
63.9
78.5
58.5
74.4
96.9
102.2
119.6
78.3

79.0
63.6
77.0
56.2
75.0
94.0
104.2
109 4
75.0

78.4
64 4
76.9
56.5
75 8
94.6
102 9
107 3
74.1

78.6
65.4
76.0
54.7
76 0
91.4
102.5
107 6
74.2

77.6
P
6 9
77.6
60.8
76 8
89.9
99 9
108 6
78.9

77 6
67 6
80.7
67.8
80 0
91.4
106 2
109 1
79.0

77 8
70 5
84.5
78.2
83 0
93 1
111 5
111 8
80.5

1,969

1,830

1,887

1,877

2,650

2,982

3,528

99.2
216

98.7
214

100.0
192

101.3
184

98 1
175

97 1
158

96 7

29, 367

26, 323

29, 763

29, 770

30, 497

32, 398

30, 255

19, 987
0

425

o

731
625

10, 707

11,173

74, 958

485

122, 892
1 110

19,000
987
0
4.75
51.6
67.5
69.6
44.6

0
425
0
4.73
47.6
65 5
56.3
38.8

0
106
0
4.79
47.3
62 3
57.3

0
10, 707
0
4.85
51.9
59 8
67.5
38.5

7,815

117, 474

68, 350

0
4.70
63. 7
64 6
85 8
47.2

4.65
74.7
72 7
103 6
53. 8

o

1 000
4.63
83.3
79 Q
118 3
58.5

OQ O
GO. £i

issue (commercial failures).

o

2,873

4,308

o

5,608

56

SURVEY OF CURRENT BUSINESS

October

1932
Monthly statistics through December 1931, 1933
together with explanatory footnotes and references to the sources of the data, may be found
Decem- January FebruOctober Novemin the 1932 Annual Supplement to the Survey August August September
ber
ary
ber

1933

March

April

May

June

July

CANADIAN STATISTICS—Continued
Foreign trade:
Exports
.thous. of dolls .. 45, 135
Imports
thous. of dolls.. 38, 747
Exports, volume:
Automobiles. (See Transportation Equip.)
Newsprint. (See Paper and Paper Products.)
Wheat
- - thous. of bu._ 8,653
480
Wheat
flour
_. thous. of bbl__
Trade with U.S. (See Foreign Trade.)
Railway statistics:
186
Carloadings
thous. of cars..
Financial results:
Operating revenues
thous. of dolls..
Operating expenses
thous of dolls
Operating income
.thous. of dolls..
Operating results:
Freight carried 1 mile
. mills, of tons..
Passengers carried 1 mile
mills, of passengers..
Commodity statistics:
Production:
Automobiles. (See Transportation Equip.)
Electrical energy, central stations
mills, of kw.-hr.. 1,508
Pig iron
.thous. of long tons..
Steel ingots and castings
thous. of long tons..
Livestock, inspected slaughter:
99
Cattle and calves
thous. of animals..
187
Swine
..
thous. of animals..
101
Sheep and lambs
thous. of animals..
Newsprint. (See Paper and Paper Products.)
Silver. (See Finance.)
Wheat, visible supply. (See Foodstuffs.)
Wheat
flour
thous. of bbl__

41, 855
36, 527

42, 665
34, 504

57, 160
37, 095

46, 621
37, 769

43, 109
28,961

32,000
24, 441

26, 814
23, 514

37, 161
32, 851

20, 312
20, 457

46, 109
32, 927

46, 472
36, 619

51, 866
35, 738

18, 290
330

26, 874
385

40, 192
529

27, 302
577

27, 736
492

14, 707
397

10, 922
333

14, 816
490

4,460
234

21, 465
565

16 999
545

16 374
493
163

176

216

212

193

153

134

133

157

138

161

176

23, 100
21, 922

268

28, 988
22, 254
5,949

28, 190
20, 839
6,385

24, 276
19, 308
4,057

21, 902
19, 434
1,904

17, 643
18, 528
d
1,813

16, 788
17, 881
d
2, 073

20, 612
19, 161

19, 530
18 072

351

21, 447
19, 298
1,136

24 310
20 344
3 071

1,572

3,043

2,607

2,181

1,740

1,388

1,302

1,712

1,413

1,529

2 133

138

122

96

90

130

95

88

97

105

100

141

1,230
6

1,279
6

1,390
7

1,448
14

1,433
27

1,397
29

1,300
6

1,371
0

1,295

1,349
0

1,371
1

1,443
32

27

23

17

37

31

41

12

11

11

23

32

49

79
189

82
166

78
189

80
250

60
268

71
247

65
220

89
250

49

36

42

97
232

116
279

91
235

88
191

859

845

1,005

86

1,272

101

1,385

148

1,722

119

1,943

49

1,010

520

o

30

1,013

30

1,334

72

56

1,186

1,323

«* Deficit.

CHANGES IN STATISTICAL SERIES MADE SINCE PUBLICATION OF THE 1932 ANNUAL SUPPLEMENT
DATA ADDED IN DECEMBER 1933 ISSUE
Page
Fairchild retail price index
24
World prices, foodstuffs and raw materials
24
Chain-store sales index
26
Department-store sales, Philadelphia
.- 27
Factory employment, Baltimore, Milwaukee,
Maryland, and Massachusetts
28
Miscellaneous employment:
Civil service, United States
28
Trade union members employed, by groups
28
Factory pay rolls, Baltimore, Milwaukee, Philadelphia, Maryland, and Massachusetts
29
Hourly earnings, United States (National Industrial Conference Board)
.— 29
Weekly earnings, factory, Massachusetts
30
Net gold imports, including gold released from
earmark
32
Pyroxylin rods, sheets, and tubes, production,
shipments
38
Residual fuel oil, production and stocks
43
Gas oil and distillates, production and stocks
43
Convection type radiators, new orders
46
Plumbing fixtures, wholesale price
~
46
Plumbers' brass, shipments..
49
Tin and terne plate, production
..- 47
Tin consumption in manufacture of tin and terneplate
48
Mechanical stokers, new orders
48
Rubber heels and soles, total shipments
51
Illuminating glassware, new orders, production,
shipments, and stocks
52
Gypsum, imports, production, and shipments
52
Auto accessories and parts, composite index of shipments
._
54
Canadian statistics, electric-power production
index
55
DATA ADDED IN THE JUNE 1933 ISSUE
Building costs, all types (American Appraisal Co.). 25
Factory employment, Chicago
28
Nonmanufacturing employment—banks, brokerage houses, etc.; dyeing and cleaning; and laundries
28

DATA ADDED IN THE JUNE 1933 ISSUE—
Continued
Page
Miscellaneous employment—Federal and State
highways, construction and maintenance
28
Factory pay rolls, New York and Chicago
_. 29
Nonmanufacturing pay rolls—banks, brokerage
houses, etc.; dyeing and cleaning; and laundries. 29
Bond prices, U.S. Government (Standard Statistics)
33
Airplane travel, passengers carried, passenger miles
flown
_
35
Lard compound, wholesale price, tierces, Chicago. 37
Lard, refined, wholesale price, tierces, Chicago
41
Leather production (Tanner's Council)
43
Household furniture, plant operations, all districts
45
Rope paper sacks, shipments
50
Face brick, machine production
51
DATA DEOPPED IN DECEMBER 1933 ISSUE f
Industrial production indexes: Copper (mined),
metals, nonferrous
Stock indexes, world copper stocks
Construction volume (A.G.C.)
._
Factory operations, proportion full time worked,
miscellaneous group
_
Applicants at employment agencies, Western
States—
Methanol, stocks:
At crude plants
_
At refineries and in transit
Pine-oil stocks
Paints, varnish, and lacquer products, unclassified
sales, 315 establishments
Milk, condensed and evaporated, total exports,
production, and stocks
Gas and fuel oil, production and stocks (combined
series)
Hides and skins, stocks, all series
Sole and belting leather, production, stocks, all
series
Upper leather, production, stocks, all series
Walnut lumber, orders, production, shipments,
and stocks

t Pages refer to those upon which series were last shown in the November 1932 and May 1933 issues.




22
23
25
28
28
36
36
36
38
39
42
43
43
43
44

DATA DEOPPED IN DECEMBER 1932
ISSUE—Continued
Page
North Carolina pine, production and shipments.. 44
Iron and steel, boilers (round and square) and radiators, new orders
46
Enameled sanitary ware, baths, lavatories, sinks,
miscellaneous, all series
46
Enameled sheet-metal ware, shipments
46
Plumbing fixtures, wholesale price
46
Mechanical stokers, large (see new series) new
orders
_
_
48
Copper:
Production, all series
48
Shipments, domestic, refined
48
Stocks (North and South America), blister and
refined
_
48
Porcelain, nail knobs, tubes, shipments
49
Galvanized sheet-metal ware, all series
49
Newsprint, production, percent of capacity
50
Binders' board, production
_
51
Glass containers, unfilled orders
52
Illuminating glassware, orders, production, shipments, and stocks. (See new series)
52
DATA DEOPPED IN JUNE 1933 ISSUE f
Farm products—price index of dairy and poultry
products
Building costs, by types of construction (American
Appraisal Co.)
McLellan 5- and 10-cent stores (sales and stores).Hours of work per week in factories, nominal or
full-time week (National Industrial Conference
Board)
Unemployment, applicants, at employment
agencies...
Gold, held under earmark for foreign account
Bond prices, domestic, U.S. Liberty (N.Y. Trust
Co.)
Rope paper sacks, shipments
Scrap rubber, stocks at reclaimers
Face brick production (brick drawn from kilns)..
Glass containers, net new orders
Cotton textiles, production, shipments, stocks, etc.
Wool machinery activity, sets of cards

23
25
26
28
29
32
33
50
50
51
51
53
53

^jc?^v/f
f"**i? <'*•*?"' .Yi.~ < .'X*.
y^V'®:fe|

INDEX TO MONTHLY BUSS NESS STATISTICSW''--^"'1.
Page
50
Abrasive paper and cloth ....... ..
30
Acceptances, bankers'
54
Accessories, automobile..
25,26
Advertising, magazine, newspaper, radio.
34
Africa, United States trade with
30
Agricultural wages, loans
47
Air-conditioning equipment
26
Air mail
.
35,54
Airplanes
36
Alcohol, denatured, ethyl, methanoi...
48
Aluminum
....
36,37
Animal fats, glues, greases
..
22 29,42
Anthracite industry
29,52
Apparel, wearing
„
Argentina, United States trade with; exchange; flaxseed stocks
32, 34,37
34
Asia, United States trade with....
43
Asphalt
Automobiles
22,27,28 29,54
48
Babbitt metal
31
Bank suspensions
39
Barley
...
46
Bathroom fixtures
40
Beef and veal
22,28,29,42
Bituminous coal
Boiler and boiler fittings.
Bonds, prices, sales, value yield*
Book publication-.
Boxes, paper, shipping...
Brass,.
Brazil, coffee: exchange; United States trade
with
32,34,41
Brick
51
Brokers' loans.
30
Bronze
49
Building contracts awarded..
24,25
Building costs
25
Building materials
24,25,44,46,47,51
Business activity index (Annalist)
22
Business failures.
.
31
Butter
39
Canadian statistics
55,56
Candy
41
Canal traffic
35
Capital issues
32
Carioadings
22,34,35
Cattle and calves
40,43
Cement
22,27,29,51
Chain-store sales..
26,27
Cheese
_
39
Chile, exchange; United States trade with— 32,34
Cigars and cigarettes.
... .... 42
Civil-service employees
28
Clay products
23,24,27,28,29,51
Clothing
24,25,27,28,29,52
Coal
22,28,29,42
Cocoa
41
Coffee
23,41
Coke
_
42
Collections, electrical trade
26
Commercial paper
.
30
Communications
.
35
Construction:
Contracts awarded, indexes
24
Costs
25
Highways
25
Material costs
25
Copper
48
Copper wire cloth....
49
Copra and coconut oil
.
37
Corn
39
Cost-of-living index
23
Cotton, raw and manufactures
.
23,52
Cottonseed, cake and meal, oil
37
Crops
23,37,39,40,52
Dairy products
23,39
Debits, bank
30
Debt, United States Government
32
Delaware, employment, payrolls... .
. 28,29
Department-store sales and stocks
27
Deposits, bank
30
Disputes, labor
29
Dividend payments
33
Douglas
fir
44
Earnings, factory
.
29,30
Eggs
_
23,41
Electric power, production, sales, revenues
22,38
Electrical energy, consumption index...
22,23
Electrical equipment
.
48,49
Electric railways.....
34
Employment:
Cities and States
28
Factory, Federal Reserve Board indexes— 27,28
Nonmanufacturing
...
28
Miscellaneous data...
28
Emigration
35
Enameled ware
.
46
Engineering construction..
25
England, exchange; United States trade with. 32,34
Exchange rates, foreign
32
Expenditures, United States Government
32
Explosives
36
Exports
34
Factory employment, pay rolls, operations..
27,
28,29,30




Factory operations, proportion of full time
worked
*.*••«••
28
Failures, bank; commercial
*»»«M»
31
Fairchild retail price index
f~«•**
24
Fares, street railways
.*...,.
34
Farm employees
.„...
28
Farm prices, index
....«
23Federal Government,
finances
«%.«•.*»
32,
Federal-aid highways
...;..„* 25,28
Federal Reserve banks, condition of.. _-„..,.•
30
Federal Reserve member bank statistics^...
30
Fertilizers
.__
...w-#i
36
Fire-extinguishing equipment
.....,M»~
54
Fire losses
..w.25
Fish andfishoils
.. 37,41
Flaxseed
_.
_
£„»«,
37
Flooring, oak, maple, beech, and birch.***..
44
Flour, wheat
,.**..
40
Food products
22,23,27,28,2»,$§»40t41
Footwear.
_
.**.. 44,51
Foreign trade, indexes, values
........
34
Foundry equipment
_.„*...."
47
France, exchange; United States trade with- 32,34
Freight cars (equipment)
...... 27^54
Freight carloadings, cars, indexes
„».».,,. 34,35
Freight-car surplus
;..-..f.
35
Fruits
..... 23,30
Fuel equipment
.„.,.. 47*48
Fuels....
... 42,43.
Furniture
._...».„ 45*47
Gas, customers, sales, revenues
..*».«.
38
Gas and fuel oils
. 42,43
Gasoline
„„...43
General Motors sales
..-._...-...
54
Glass and glassware
22,27,28,29,52
Gloves and mittens
~_..J....
43
Gold
_
„
32
Goods in warehouses
.
.......
26
Grains
_
23,24,39,40
Gypsum
....... 59
Hardwoods
.*..... 44
Heels, rubber
...
51
Hides and skins
i*...—
43
Hogs
40,41,43
Hosiery
....... 52
Hotels
.
28,29,35
Housing
23,25
Illinois, employees, factory earnings..*.. 28,29,30
Imports
_.....*34
Income-tax receipts
>—„....
32
Incorporations, business
......... 26
Industrial production, indexes—._.—......,
22
Installment sales, New England..._.,..—27
Insurance, life
...*.;....
31
Interest payments
.„..,,,..,.33
Interest rates
...v**»*»«»
38
Investments, Federal Reserve member bonk*.
30
Iron, ore; crude; manufactures
«**.»22#45t46
Italy, exchange; United States trade with-. 32,34
Japan, exchange; United States trade with.. 32,34
Kerosene
„»,.*.,.»..
43
Labor turnover, disputes
.,..»„.»..
20
Lamb and mutton
.
.
.
*
.
.
.
41,43
r
Lard
*_„„
41
Lead
-....„-.
48
Leather
22,23,24,25,26,27, 28*29, 43
Leather, artificial
-_
—....**„
,54
Liberty bonds
—,..».,.*...'.•
33
Linseed oil, cake, and meal
,.^....4.*
37
Livestock
.
23,40,41,43
Loans, agricultural, brokers', time_.-.-..-.
30
Locomotives
.....*..... 54,5$
Looms, woolen, activity
.^.......
S3
Lubricating oil
.
.„-*«.„...
43
Lumber
22,23,24,21,28,29,44,45
Lumber yards, sales, stocks
....^*...
44
Machine activity, cotton, silk, wooU.......
53
Machinery
_. 25,26, 27, 28,3f ,34,47,48,49
Machine tools, orders, shipments......-—48
Magazine advertising...
.••»»^... 25,26
Manufacturing
*..„._..<.
22
Marketing, agricultural, forest product*..-.
23
Maryland, employment, pay rolls—..^..... 28,29
Massachusetts, employment, pay roBa...... 28,29
Meats
,**«»^J.». 40,41
Metals
_. 22,23,27,3il»29f4St46t47
Methanoi
.........
3ft
Mexico:
Petroleum production and exports....... • 42
Silver production
.*....*..
32
United States trade with
..*»...*34
Milk
*
*
39
Minerals
„-.. 22,42,45,48
Money in circulation
._„.....-*..
32
Naval stores
.......... 23,36
Netherlands, exchange
..»*•...,..
32
New Jersey, employment, pay roll». ****..•» 28,29
Newsprint
......!..* 50
New York, employment, pay roll*, canal
traffic
.....»* 28,29,35
New York Stock Exchange
I.......... 30,33
Notes in circulation
,..*....,..;,
30
Oats
.
39
Oceania; United States trade with.........
34
Ohio employment
....*..^..
28

«r «wi;**£c*»r wurccv Hutwtcyvf. criui

Pawports issued.

.TIL J.T
»ai'+;».c ** z

x^'actory, Federal Reserve Board.*.....,..*.. :
*!•*** to dtfe* and ^«»t™^UU»^\H
Nonmanufacturing indu*trie*.I - -*"- -*' "---' •
Pennsylvania, employment, iWJsTHra
Petroleum and product*.—... 22,27,2
Pig Iran
.*....,..^*»4,.
Postal business.

*.,—^..;

*'."" -'', •>\ ''.i-v it1 r "', w«?€ i

Price** " * * - " ~ - ~ * . . - * , . . ~ - . - . 4 r * * * T , . ^0
Co** of Hiring, indexes...
..^w—
, Farm, indexes.....-....—......_...,
Retail, indexes......................
r -.—,„__„___,,

T _—

,

if^H'^SM
^'Bfxt't^.SiC 'i

I
l
l
l
i

>», ^ *!'•»,* "',"',,;» ^iif^ftii'" ill

^aaAi^m^i^i^^^.^:^^:i::^ ,/;:\/'^'|lf '|
.... ...........
Production* industrial*..
ittSCIIZIII^^Ii^^^fe; ^||f; '^!?':|i*S| j
Pro0ts, corporation.
t

World, fOOOAtUCm

!ee°Z,.Z^
Public
Pullman CD

.'C^-'OT rf

^^•••.•'--.•''^vi .?
^^^•-•••;>ii|!f'
-:i#«s ^

Radiator*.....................^........^,^ '" •- 4
Radio, adverti*in|.^.
.....I
*£££%£$ *?
Railroads; operation*; eQUipntents pnaociai
•-. . "^,*ttiti*tic*...*........*...^.*..i,*»x 34t^f*fW-., .
- . , . , , , . -&
Railways, »treet...
^».w
>
m^^*j*.*>»\jM•.. - - * , ( ) •• •'• - -tf*
5
; :
Rayon....
^..........»^..«ii*»*****^ - ^st'* " '5 ''" "•v - *'^'
'''"''i? ''.
Real-estate market activity.
^.*4.»»'*- »V . -;-V • * . ,/ > ; "*^; 1 , ' ,

?<8Srtf

2^™!!!!^z:::n::^:i -.-•iftif.
: : .• •>>•./ 'M >J
r
• • ''••"--''•
T ^^ N'-^i'^s;i
Grocery.tnrn::r^nnnnr34 .Tf v.f-/ ^^ii-'j •;
.—«,.,»v.,.,-. .. ;j i: >|,,

trade:
Chain stores:

J
•"•r-^*.;Vh«
'--^j "ij
..«..«-<«ikM> •;*/•; JIFu-'
•«*'.*',• ' ' >•••"•;
''* -•-''/.

. - _^---> -'v *w '•:-.' * ?

: * ^ '?•; j *

MH^^.^,^',

^•^,.c?.r^,i
^ .;. .^^ •<

"•

tifes..... ........... 22,23^
Rytf.--------,
Sanitary wwe*.....

'-6VA;-.;X'';:*t

1

;

' ',/'..§"

Silk.___ --- ^.^ ---------- . --- ...-i,

—»- *T*-v-yn;
Stone.day, and gl

Tile....
Timber..
Tobaccb.........
Tools, machine...
Travel
.
.
...»»«,.
Truck* and tractor*, Industrial dectiic.w.^..^
United Kingdom, exchange; United Statea _
trade with
„—.—.
^.i....^;. 31,

Ut

,,

w

tatcs. Stjccl C^M|)ocalJcm.... . . <^. -,

......—!.!.T28ri9,3t>ii,

Vegetable oil*
Vegetables.

.....*.^.* ">•
employment;
wood iii^i*,.^.....^*......
,
Wool.*..,.
Zuic.........-.....-.-.— .—....—.,.... 22,4$

^''•-Uli i
. ;.:;>• f-'i. .':^,...V';i:!^ 'I
{

"

VALUABLE SOURCE BOOK OF AUTHENTIC

STATISTICAL DATA FOR INDUSTRIAL AND COMMERCIAL ORGANIZATIONS, ECONOMISTS AND STUDENTS, COVERING EVERY PHASE
OF THE FOREIGN TRADE OF THE UNITED STATES—

Foreign Commerce and Navigation
of the

United States
For the Calendar Year 1932

Following are a few of the summary tables that illustrate the
wide scope of data presented in this volume:

' 't' - General foreign trade summary, fiscal years 1910-14, calendar years 1925-32
/FciSfeigji trade by grand divisions, fiscal years 1910-14, calendar years 1925-32
Total values of exports and general imports of merchandise, by countries, calendar
years 1930-32
Total values of domestic and foreign exports and free and dutiable general imports,
by countries, calendar year 1932
Total values of exports and general imports of merchandise, by customs districts,
calendar years 1928-32, and duties collected 1932
Total values of exports of foreign merchandise, by customs districts, calendar years

591 Quarto Pages

Bound in Buckram

$2.00 per copy

Copies of this ^publication may be obtained from the Superintendent of Documents
'- Government Printing Office, Washington, D.C., or any district office
o
of the United States Department of Commerce

•



U.S. G O V E R N M E N T P R I N T I N G OFFICE: 1933