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OCTOBER 1934
SURVEY
OF
CURRENT BUSINESS
UNITED STATES
DEPARTMENT OF COMMERCE
BUREAU OF FOREIGN AND DOMESTIC COMMERCE
WASHINGTON
V O L U M E 14
N U M B E R 10
THE FIRST COMPLETE OFFICIAL RECORD ISSUED IN 1934
UNITED STATES BUREAU OF MINES
MINERALS YEARBOOK
1934
COMPLETE A C C O U N T OF
REGULATIONS PERTAINING
TO GOLD AND SILVER.
REVIEW OF CODE DEVELOPMENTS UNDER N.R.A.
C O M P L E T E PRODUCTION
DATA IN FOREIGN COUNTRIES.
DETAILED STATE MINING REVIEWS.
72 CHAPTERS.
59 CONTRIBUTORS.
1154 PAGES
106 ILLUSTRATIONS.
CONTENTS
Part I—Rericu1 of the mineral industry.
The status of the mineral industries
Statistical summary of mineral production
Mineral production in foreign countries
Part 11—Metals:
Gold and silver
Copper
Lead
Zinc
Lead and zinc pigments and zinc salts
Detailed accounts of rnetai production
in Alabama, Arizona, Arkansas, California, Colorado, Georgia, Idaho, Illinois, Kansas, Kentucky, Maryland,
Michigan, Missouri, Montana, Nevada, New Jersey, New Mexico, New
York, North Carolina, Oklahoma,
Oregon^ Pennsylvania, South Carolina, South Dakota, Tennessee, Texas,
Utah, Virginia, Washington, Wisconsin and Wyoming.
Secondary metals
Iron ore, pig iron, ferro-alloys, and steef
Bauxite and aluminum
Mercury
Manganese and manganiferous ores
Molybdenum
Tungsten
Tin
Chromite
Antimony
Arsenic
Radium, uranium, and vanadium
Platinum and allied metals
Minor metals: Beryllium, bismuth, cadmium, cobalt, selenium and tellurium, tantalum and Columbian,
titanium, and zirconium
Nickel
Ore concentration
Part 111—N on met ah:
Coal
Coke and byproducts
Recent developments in coal preparation and utilization
Fuel briquets
Crude petroleum and petroleum products
The chemistry and refining of petroleum
Fluid-energy relations in production of
petroleum and natural gas
Natural gas
Natural gasoline
Carbon black
Helium
Asphalt and related bitumens
Cement
Dimension stone
Slate
Crushed nnd broken stone
Sand and gravel
Gypsum
Lime
Clay
Abrasive materials
Sulphur and pyrites
Salt, bromine, calcium chloride, and
iodine
Phosphate rock
Fuller's earth
Talc and ground soapstone
Fluorspar and cryolite
Feldspar
Asbestos
Barite and barium products
Potash
Magnesium and its compounds
Mica
Natural sodium compounds and boron
minerals
Precious and semiprecious .stones.
Part IV—Mine safety:
Safety in mining
COMPLETE INDEX
PRICE $1.75. Send no money to the United States Bureau of
Mines. This book may be purchased only from the Superintendent
of Documents, Government Printing Office, Washington, D. C.
N u m b e r 10
O C T O B E R 1934
V o l u m e 14
W E E K L Y D A T A T H R O U G H S E P T E M B E R 2 2 , 1934
M O N T H L Y DATA T H R O U G H A U G U S T
SURVEY OF
CURRENT BUSINESS
PUBLISHED
U N I T E D STATES D E P A R T M E N T O F C O M M E R C E
BUREAU OF FOREIGN AND DOMESTIC COMMERCE
WASHINGTON
CONTENTS
SUMMARIES AND CHARTS
Business indicators
Business situation summarized
Comparison of principal data, 1930-34
Commodity prices
Domestic trade
Employment
Finance
Foreign trade
Real estate and construction
Transportation
Surrey of individual industries:
Automobiles and rubber
Forest products
Iron and steel
Textiles
Page
2
3
4
5
6
7
8
9
10
11
12
13
14
15
SPECIAL ARTICLE
Summary of the Retail Census of 1933
16
STATISTICAL DATA
Revised series: Imports by grand divisions, countries, and commodities; 1933
20
Weekly business statistics
21
STATISTICAL DATA—Continued
Monthly business statistics:
Business indexes
Commodity prices
Construction and real estate
Domestic trade
Employment conditions and wages
Finance
Foreign trade
Transportation and communications
Statistics on individual industries:
Chemicals and allied products
Electric power and gas
Foodstuffs and tobacco
Fuels and byproducts
Leather and products
Lumber and manufactures
Metal and manufactures:
Iron and steel
Machinery and apparatus
Nonferrous metals and products
Paper and printing
Rubber and products
Stone, clay, and glass products
Textile products
Transportation equipment
Canadian statistics
General index
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86891—34
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Inside back cover
SUEVEY OF CURRENT BUSINESS
October 1934
Business Indicators
1923-25 = 100
INDUSTRIAL PRODUCTION
160
160
100
!00
CONSTRUCTION CONTRACTS AWARDED
FACTORY EMPLOYMENT AND PAYROLLS
160
ZOO
too
100
TOTAL FREIGHT CAR LOADINGS
INDUSTRIAL PRODUCTION
160
160
100
100
FREIGHT CAR LOADINGS L.C.L
$AD JUSTED
UNADJUSTED'
40 HIM!
LilLLL
40
l i i i i i Inn
WHOLESALE PRICES
DEPARTMENT STORE SALES
200
160
100
soo
o Lu
VALUE OF EXPORTS
200
200
100^
100
BANK DEBITS OUTSIDE NEW YORK CITY
200
*'ADJUSTED FOR SEASONAL VARIATION
160
VALUE OF IMPORTS
FEDERAL RESERVE MEMBER BANK LOANS*
100
i"l930
* REPORT/KG MEMBER BANKS
D.D.
SURVEY OF CURRENT BUSINESS
October 1934
Business Situation Summarized
NDUSTRIAL production remained practically
Iadjusted
unchanged during August, but the seasonally
index of production declined further. The
available weekly data for early September do not
indicate a reversal of the downward trend of the adjusted index. Retail sales data reveal some improvement in the distribution of goods. Gains may also be
noted in export trade, and in the expansion in factory
pay rolls after 3 months of decline.
Further recession in the iron and steel and automobile industries were the major factors influencing the
decline in the adjusted index of manufacturing production during August. Declines also occurred in the
leather and shoe industry, but increases were reported
in the textile, food products, and lumber industries.
During September, steel production has improved but
not to an extent sufficient to advance the seasonally
adjusted index; automobile output has declined by
more than the usual seasonal amount; while operations in all branches of the textile industry were
reduced by the strike.
Only a slight change in the number employed was
noted in the August report of the Bureau of Labor
Statistics. The expansion in factory employment,
amounting to 1 percent, was in accordance with the
usual seasonal movement. Factory pay rolls increased
3 percent, recovering nearly half of the loss of the
preceding month. Increased employment was reported in more than half of the 90 manufacturing
industries surveyed.
Retail sales reports for August were featured by an
increase of about 10 percent in the adjusted index of
department-store sales. The dollar volume was 2 percent higher than in August 1933. Variety-store sales
were equal to the July total and rural sales duplicated
the substantial rise of August 1933. Retail food sales
were unchanged from July. The index of new passenger-car sales, however, declined after a marked rise
in June and July.
Distribution of goods by the railroads failed to rise
during August but expanded during the first 3 weeks
of September. Foreign-trade returns for August show
a slightly greater-than-seasonal rise in exports and a
decline in imports.
Construction contracts awarded during August were
about the same as in July, the decline in privately
financed work being offset by an increase in the volume
of public works. The adjusted index of contracts has
varied only 1 point in a period of 4 months.
After advancing steadily for a 2-month period as a
result of the advances in prices of farm products and
foods, the wholesale price index has moved irregularly
with little net change since the first week of September.
Retail prices, except those of foods which have followed the upward trend in wholesale food prices, have
changed only slightly on the average.
The volume of available bank credit has been maintained at a high level as evidenced by the large excess
reserves of the member banks. The amount of bank
loans outstanding has changed very little during
September despite the expansion in nonsecurity loans.
Adjusted
3
VI
2
I
3
i
1
Year and month
*&
•w
O
r«
•*•*
o
1 i 3
i i g
1
§
1
o
B
X
Merchandise, I.C.I.
TotaJ
•dO>
•w
£
"OB
s
I
"w
3
«
^
'5*
rt
1
i
as
3
5
rt
C
1 -21
a
<«
3
3
:
M
»
Monthly
average,
1926=100
Monthly average, 1923-25 = 100
1931: August
1932: August
1933:
August
September
October
November
December _ __ .
1934:
January
February
_.
March
April.
May
June -_
July
August
Monthly a v e r a g e
January t h r o u g h
August:
1932
1933
1934
Wholesale price index, 784
commodities
I
I
Department
Foreign
store sales, trade, value,
value
adjusted 2
Freight-car loadings
Construction contracts, all
types, value, adjusted 2
J
Number of employees, adjustea 2
Uiladjusted
Amount of pay rolls*
unadjusted
Factory employment
and pay rolls
Industrial production
Bank debits outside New
York City
MONTHLY BUSINESS INDEXES
77
58
82
66
82
60
82
59
79
65
76.8
60.0
65.9
40.6
76
53
72
51 i
80
68
86
68
68
49
89
65 ;
47
31
54
29
83.8
59.6
59
30
72. i
65.2
90 I
85 !
78
72
69 |
89
84
76
70
67
94
93
88
84
80
91
84
76
72
75
91
83
76
70
73
91
87
81
81
85
76.4
78.0
77.8
75.9
75.0
56.8
59.1
59.4
55.5
54.5
65
68
66
60
56
61
60
58
59
63
69
70
70
67
64
69
68
66
66
68
59
73
77
75
121
77
70
70
65
69
!
i
i
i
i
38
40
42
42
48
50
48
46
40
42
62.7
61.9
66.0
60.5
67.4
24
30
37 1
48
58
69.5
70.8
71.2
71.1
70.8
77
83
86
88
89
84
74
U
75
82
85
89
89
83
73
73
85
88
91
81
87
87
85
83
78
81
84
85
86
83
75
73
76
80
82
85
86
83
74
72
88
91
100
90
89
87
85
80
75.1
78.4
81.0
82.2
82.4
81.4
79.4
79.2
54.0
60.6
64.8
67.3
67.1
64.8
60.4
63.2
58
61
63
60
63
64
63
63
64
64
66
62
63
64
61
59
65
65
67
67
67
65
64
65
70
67
66
65
65
65
65
65
57
59
73
73
77
70
51
60
69 |
71 !
77
77
77
74
72
79
44
47
50
50
45
50
48
49
42
42
44
42
47
44
43
39
66.9
59.7
71.4
72.4
71.5
74.8
70.5
68.0
49
44
33
32
26
26
27
27
72.273.6
73.7
73.3
73.7
74.6
74.8
76.4
63
76
81
69
78
86
65.0
65.1
79.9
47.7
44.1
82.7
55
56
62
37
33
47
35
35 |
43 |
67.5
59.2
69.4
28
19
39
65.4
63.4
74. ft
78
59
64
76
82
;
i
|
!
!
i
1
Adjusted for number of working days.
1
74
67
66
2
63
57
65
Adjusted for seasonal variation.
SURVEY OF CURRENT BUSINESS
October 1934
Comparison of Principal Data, 1930-34
8 MONTHS
X///////A
REMAINDER OF YEAR
BANK DEBITS OUTSIDE NEW YORK CITY- (BILLIONS OF DOLLARS)
CONSTRUCTION CONTRACTS AWARDED - (BILLIONS OF DOLLARS)
STEEL INGOT PRODUCTION - (MILLIONS OF TONS)
AUTOMOBILE PRODUCT ION -(THOUSANDS OF CARS)
FREIGHT CAR LOADINGS -(MILLIONS OF CARS)
D.D.7654
SURVEY OF CURRENT BUSINESS
October 1934
Commodity Prices
Ketail prices, excluding foods, as measured by the
Fairchild index, declined slightly during August for the
fifth consecutive month. The decline since the year's
high in March amounts to 2.1 percent, but the index is
6.3 percent above the corresponding period a year ago,
and 26 percent above the low for 1933.
Retail food prices for the 2-week period ended September 11 advanced 1.3 percent. Since the reporting
period ended June 5, when the index stood at 108.4 or
practically the same level as in February, the increase
in food prices has amounted to 7.7 percent.
Farm prices, according to a report of the Department
of Agriculture for September 15, are somewhat higher
than in mid-August when they averaged 87 percent of
pre-war prices. Cotton prices remained relatively
steady during the month, but the prices of grain and
livestock and livestock products continued to advance.
Prices received by farmers in August are reported as
77 percent of the prices paid by farmers on the pre-war
basis. The comparable percentage for August 1933
was 64 and for the entire year 1932, 53.
The cost of living of wage earners, as reported by
the National Industrial Conference Board, advanced
during August for the fourth consecutive month. The
increase for August amounted to 0.6 percent. This
brought living costs for this group to a level 3.5 percent
above that for a year ago, but they were 21 percent
below August 1929, according to this computation.
an advance during each of the preFOLLOWING
ceding 6 weeks, the index of the wholesale prices of
784 commodities, or price series, as reported by the
Bureau of Labor Statistics, fell 0.3 points in the week
ended September 15 to 77.5 percent of the 1926 level.
The recession is attributable to a decline in the prices
of farm products and foods which had risen rapidly as
a result of the drought, and to a decline in the prices
of building materials, since slight advances occurred in
5 groups and no change in the other 2. The prices of
metals and metal products and building materials continue at the highest levels of any of the 10 groups on
the basis of 1926 prices, a position which these two
components have held since the last week of July.
The disparities among the price indexes of these 10
groups have been further reduced as a result of the rise
in the prices of farm products and foods since the first
week of May. During this time, prices of farm products have risen 25 percent and food prices 14 percent,
while the prices of the other eight groups taken together have fallen 0.5 points. As a result, the price
indexes of farm products and foods in the week ended
September 15 were 6.1 percent and 2.9 percent, respectively, below the index for the other eight groups,
whereas in the week ended May 5 they were 25 percent
and 16 percent, respectively, lower. The prices of
textile products are now the lowest of the 10 groups as
compared with the prices that prevailed in 1926.
INDEXES OF COMMODITY PRICES
QOfi
Economic classes
-.2
H!
«o
"°S
£
>»
Tear and month
ll
t»
V
•a3
1
•a
v
A
if
as I
£
1
f
I
1
ic
eg
s
1*
«|
£
o
t»
1
<sIf
'G
3
£
a
!
1
O
£ i
oft
fcfi
M
"8
S
1
1
T3
C
rt
tt
H
s
1
1
•ac
•d
bfi
da
•3
6
£
c3
fl>
•a
5
1%
vo
.&
i
1
3«
S
A
as
1
•a
72.1
65. 2
76.4
70.7
64.1
55.7
68.3 j 63. 5
57.9 49.1
44.8 j 74.6 | 76.0
38.2 61.8 61.9
74.2
70.1
77.6
69.6
76.9
73.3
66.5
72.1
88.7
69.7
84.9
73.6
83.9
80.1
65.5
52.7
Mo.
average,
1 1923 =
| 100
85. 9
68.3
76.8
64.6
69.5
70.8
71.2
71.1
70.8
73.4
74.8
75.4
75.2
74.8
60.6
61.7
61.8
62.4
61.9
71.7
72.9
72.8
71.4
72.3
57.6
57.0
55.7
56.6
55.5
64.6
63.9
58.2
61.3
60.4
64.8
64.9
64.2
64.3
62.5
51.0
51.5
51.0
48.2
46.0
74.1
76.1
77.2
77.2
77.5
81.3
82.7
83.9
84.9
85.6
73.1
72.7
72.7
73.4
73.7
65.5
70.4
73.6
73.5
73.4
91.7
92.3
89.0
88.2
89.2
77.6
79.3
81.2
81.0
81.0
81.2
82.1
83.0
82.7
83.5
74.6
76.9
77.1
76.8
76.4
65.4
65.1
65.3
65.5
65.7
72.2
73.6
73.7
73.3
73.7
74.6
74.8
76.4
76.0
77.0
77.2
77.1
77.8
78.2
78.2
79.3
64.1
66.0
65.9
65.1
65.1
67.3
68.3
71.6
71.9
74.8
74.3
73.9
73.7
72.9
72.7
73.6
58.7
61.3
61.3
59.6
59.6
63.3
64.5
69.8
63.7
63.2
62.3
58.8
63.9
72.4
74.8
86.0 i
1
64.3
66.7
67.3
66.2
67.1
69.8
70.6
73.9
48.9
53.3
56.5
57.3
60.0
62.2
63.4
69.4
78.3
78.7
78.5
78.6
78.9
78.2
78.4
78.3
86.3
86.6
86.4
86.7
87.3
87.8
87.0
85.8
74.4
75.5
75.7
75.5
75.4
75.6
75.4
75.7
73.1
72.4
71.4
71.7
72.5
72.8
73.9
74.6
89.5
89.6
88.7
88.9
87.9
87.1
86.3
83.8
80.8
81.0
81.4
81.6
82.0
82.0
81. 6
81.8
85.5
87.0
87.1
87.9
89.1
87.7
86.8
86.7
59.9
50.9
58.9
70.6
68.3
78.5
71.9
73.4
86.7
74.2
72.3
75.4
70.1
63.3
73.8
73.9
76.5
87.7
75.7
73.3
81.5
80.4
78.6
87.3
Monthly average, 1926=100
1931: August
-_
1932' August
1933:
August
September
October
November _
December
1934:
January..
February
March
April
May
June
July
August
Monthly
average,
January through
August:
1932
1933
1934
i
a ft I
4!
i 1 i
65.4
63.4
74.0
71.0
68.2
77.6
55.5
53.8
66.7
59.3
61.9
73.4
49.0
49.0
63.3
42.0 1 61.4
49.3 58.9
68.1 68.3
Farm, combined index, 27
commodities (Department
of Agriculture)
•*n as
Cost of living (National Industrial Conference Board)
~
Wholesale (Department of Labor)
Groups and subgroups
Retail
-M
fl
H>
3
S
-M
fc^'u"
S|
S3
«°
•d
o
©
fe
I*
e8
2*0
11
ji
i
Mo.
Dec.
Mo.
average, average,
1930
1909to 1913= (Jan. 1,
1914 =
1931)
100
100
100
88.9
120
75
73. 6
101
59
76.9
77.9
78.0
77.8
77.3
72
70
70
71
68
107
107
107
107
104
82.6
86.0
87.1
88.0
88.0
76.5 67.5
76.9 68.5
76.5 69.3
75.3 69.5
73.6 69.8
72.7 70.2
71.5 69.9
70.8 70.3
77.5 j
78.3
78.5
78.4
78.6
78.8
79.1
79.6
70
76
76
74
74
77
80
87
105
108
109
107
108
109
110
113
88.5
89.5
89.6
89.4
88.6
88.2
87.9
87.7
55.6
58.3
74.3
78.6
73.3
78.6
58
60
77 I
103
96
109
77.3
72.7
88.7
i
64.7
60.8
69.4
SURVEY OF CURRENT BUSINESS
October 1934
Domestic Trade
CONTRAST to the continued recession in inINdustrial
production, sales through retail stores dur-
reported sales equal to last year, while in the other
areas the gains ranged from 2 to 10 percent. Since
Fairchild's retail price index as of September 1 was
only about 6 percent higher than a year ago, compared with a spread of about one-fourth in some earlier
months of the year, current dollar comparisons with
a year ago reflect more closely the actual volume
movement than they did a few months ago.
Sales through variety stores during August were
about the same as in July but were 16 percent higher
than in 1933. The seasonally adjusted index rose
fractionally. The 18 percent increase in dollar sales
of general merchandise in small towns and rural areas
in August as compared with July equaled the rise in
the corresponding period of 1933. Chain-grocery
sales were less favorable, as the dollar value remained
unchanged while prices increased. August sales were
3.5 percent above the same month of 1933.
Sales of new passenger cars during August did not
measure up to preliminary reports. The seasonally
adjusted index dropped from 67.0 in July to 56.5 in
August, thus canceling the major part of the rise of
the 2 preceding months. Unit sales were lower for
the month, contrary to the usual trend.
Commercial failures during August were slightly
higher than in July, but otherwise they were the lowest
since October 1920, according to Dun & Bradstreet.
Liabilities of failed concerns were less than in Julv.
ing August were generally favorable. The improved
trend has also prevailed during September, according
to the fragmentary data that are available. The
heavy expenditures of the Federal Government for
relief (including drought relief) and for public works
employment has undoubtedly been a factor in sustaining retail buying. The cash income of the farm
population also improved during August, reflecting the
higher price level prevailing during this period,
although the rise was less than usual for the month.
Department store sales were sharply higher during
August. The seasonally adjusted index moved up
about 10 percent, more than canceling the recession of
the 2 preceding months. At 79 percent of the 1923-25
average, the adjusted index reached the highest point
since April 1932. Sales were about 2 percent higher in
August than in the comparable period last year,
while the cumulative gain for the year through August
was 15 percent. Since retail prices of department
store articles were approximately the same in August
as in July, last month's gain apparently represents an
increase in physical volume.
Boston was the only reserve district reporting a
smaller dollar volume of department store sales in
August than in the same month of 1933. The New
York, Cleveland, St. Louis, and Minneapolis districts
DOMESTIC TRADE STATISTICS
!
Retail trade
Chain -store sales
Department stores
Year and month
Sales
Stocks 3
Unad- Adjust- justed 2
ed^
Unad- Adjust- justed
ed a
Monthly average, 1923-25=100
1931: August
1932: August __
1933:
August _ __ .- .
September
October
November
_ _ _
December..
1934:
January
._ February
March
April
May
June
July
_
. .
August
Monthly average January
through August:
1932
1933
1934
68
49
59
73
77
75
121
57
59
73
73
77
70
51
60
63
57
65
Variety stores
Combined
index
Unad- Ad(19 com- just- justpanies)
ed i
ed »
Avg. same Monthly avermo. 1929- age, 1929-31 =
31 = 100
100
Mail- New passenorder
ger car sales
and
store
sales, 2 Unad- Adhouses just- justed 2
ed i
Wholesale
trade
Employment
Pay
rolls
Thou- Monthly aver- Monthly aversands of age,
1929-31 = 100 age, 1929=100
dolls.
Freight-car
loadings, merchandise I.C.I.
Commercial
failures
Unad- Adjusted* justed a
Fail- Liabilities
ures
Monthly average, 1923-25=
100
Num- Thouber ofsands
dolls.
89
65
77
59
80
61
80
80.6
68.8
91.1
77.7
43, 004
33, 777
58.8
34.0
52.5
30.0
86.5
76.4
82.1
63.2
86
68
86
68
1,944
2,796
53, 025
77, 031
77
70
70
65
69 |
62
73
77
78
62
64
70
70
69
65
84
85
84
83
88
76.7
82.5
86.9
86.8
153.7
86.7
86.4
85.6
85.5
83.3
40, 060
43, 219
53, 550
52, 037
61, 971
58.3
51.2
42.7
33.0
17.3
52.0
52.0
53. 5
53.0
30.5
79.7
82.1
83.5
83.4
83.3
60.8
62.3
66.0
64.1
64.5
69
70
70
67
64
69
68
66
66
68
1,472
1,116
1,206
1, 237
1,132
42, 776
21,847
30, 582
25, 353
27, 200
69
71
77
77
77
74
72
79
59
63
67
68
68
63
59
61
66
66
65
65
66
65
64
64
89
85
88
86
85
70.2
73.0
87.2
82.5
90.0
86.3
79.7
79.6
94.2
87.5
94.8
87.2
90.0
90.8
89.5
90.0
36, 705
36, 016
43, 59^
46, 037
51,072
46, 330
37, 387
44, 134
22.8
45.7
68.4
87.9
78.1
84.6
73.9
63.6
33.5
54.5
64.5
59.0
55.5
63.5
67.0
56.5
82.4
83.0
83.6
83.9
84.6
84.1
84.0
84.3
63.9
64.6
65.7
66.8
66.3
66.5
67.6
66.4
65
65
67
67
67
65
64
65
70
67
66
65
65
65
65
65
1,364
1,049
1,102
1,052
977
1,033
912
929
32, 905
19, 445
27, 228
25, 787
22, 561
23, 868
19, 326
18, 460
35, 340
33, 339
42, 659
41.9
46.9
65.6
79.4
75.3
83.7
68.8
58.5
66.0
73
67
66
2,853
1,952
1,052
87, 688
49, 731
23, 698
I
67
56
64
i Corrected to average daily basis.
74.3
72 2
81.1 _
»Adjusted for seasonal variation.
' End-of-month figures.
SURVEY OF CURRENT BUSINESS
October 1934
Employment
A
SLIGHT gain in employment and pay rolls between
the middle of July and the comparable period of
August was reported by the Bureau of Labor Statistics.
The increase in employment resulted from the gain of
1 percent in the number of factory workers as there
was a decline in nonmanufacturing industries.
The expansion in factory employment reflected the
seasonal upturn in a number of major industries, particularly in the wearing apparel and in several of the
foodstuffs groups. While the recession in the seasonally
adjusted index was the third successive monthly loss,
the decline in August was very slight. The drop from
May to August amounted to less than 4 percent.
More than half of the 90 manufacturing industries
surveyed recorded employment increases during August. These ranged from a maximum of 61 percent
for the seasonally active canning and preserving industry to numerous small gains, many of which were
less than 1 percent.
After allowance for the usual seasonal change, 5 of
the 14 major industrial groups—chemicals, food products, paper and printing, textiles, and tobacco manufactures—reported increases. Without considering this
factor, eight of the groups showed increased employment. The largest decreases, between 5 and 6 percent,
were in the railroad repair shop and transportation
equipment groups.
The Bureau of Labor Statistics reports that a breakdown of their factory employment index into a classification of industries producing durable and nondurable
goods gives an index for August of 66.0 for the former
and 93.9 for the latter, both based on the 1923-25 average as 100. During August as compared with July
employment increased 3.5 percent in the nondurable
group and declined 1.9 in the durable group. While
it has been obvious from the group indexes that the
major unemployment problem is in the durable-goods
industries, the figures above give statistical evidence
of the disparity in employment trends between these
two great groups of industries.
Increases in factory pay rolls were reported in 51
industries, the gain for all industries amounting to 3
percent. August pay rolls in manufacturing industries were 9.5 percent higher than in 1933, while average pay rolls for the first 8 months of the year exceeded
the comparable 1933 average by 43 percent. The
corresponding employment increases were 3.9 percent
in August and 23 percent for the 8-month period.
Labor difficulties have assumed increasing importance during the past month, with a major strike in
effect in the textile industry between September 3 and
September 22.
Relief activities of the Federal Government continue
to supply a source of work and income for a large
number of persons. The average number employed
under the Emergency Works program was higher in
August than in July according to preliminary data,
although the number on the rolls at the end of the
month, 1,212,000, was about the same as a month
earlier.
STATISTICS OF EMPLOYMENT, PAY ROLLS, AND WAGES
Year and
month
1931: August
1932: August
1933:
August— -_
September..
October
November ._
December—
1934:
January
February. _ _
March
April
May
June
_.
July
August
Monthly average, January
t h r o u g h
August:
1932
1933
1934
Nonmanufacturing employment and pay rolls
Factory employment
i
Wages
(Department of Labor)
and pay rods
Trade- !
union
!
Power
and
Telephone
Bituminous
;
Pay
Anthracite
Factory »
memEmployment rolls
and telegraph Retail trade j bers
mining
coal mining
light
emEm1 ployed i Average Average
EmEmEmEmp
Pay ployPay
Pay
Unad- ployPay
Unad- Adweekly hourly
ploy- rolls
ploy1 earnings
justed justed i justed ment nils ment rolls ment
earnings
ment rolls
Percent
Monthly average,
Dollars
Monthly average, 1929=100
of total :
1923-25=100
members
±£i &
77.1
60.1
76.8 1
60.0
65.9
40.6
67.3
49.2
56.4
41.4
77.0
59.4
50.6
26.4
95.9
81.5
96.2
76.7
85.9
78.1
92.3
79.1
81.8
72.6
76.4
80.0
79.6
76.2
74.4
76.4
78.0
77.8
75.9
75.0
56.8
59.1
59.4
55.5
54.5
47.7
56.8
56.9
61.0
54.5
46.6
60.7
61.6
47.8
44.3
68.6
71.8
68.0
74.8
75.4
43.3
44.1
44.1
50.7
50.8
78.1
80.3
82.2
82.6
81.8
70.9
71.8
76.2
74.5
74.4
68.1
68.3
68.7
68.9
69.4
66.1
64.6
67.0
67.7
67.7
78.1
86.0
89.6
91.6
105.4
73.3
77.7
80.8
82.3
82.4
81.0
78.6
79.4
75.1
78.4
81.0
82.2
82.4
81.4
79.4
79.2
54.0
60.6
64.8
67.3
67.1
64.8
60.4
62.2
64.1
63.2
67.5
58.2
63.8
57.5
53.6
49.5
73.2
65.8
82.4
51.7
64.0
53.3
42.3
39.7
75.8
76.1
77.8
72.2
76.7
76.7
77.0
77.1
51.3
54.6
58.9
51.4
54.4
55.1
49.7
50.4
82.2
81.2
81.7
82.4
83.1
84.0
85.0
85.6
73.8
74.4
75.6
76.8
77.6
77.8
81.1
79.9
70.2
69.8
70.0
70.2
70.2
70.4
71.0
71.0
69.0
67.9
70.4
68.8
71.4
71.3
72.3
74.0
47.7
43.8
62.7
63.1
49.0
59.7
52.9
41.9
59.1
67.5
65.6
76.2
35.4
33.0
53.2
84.7
77.3
83.2
82.8
70.8
80.7
71.2
7M
84.2
68.9
70.6
64.5
64 7
79.4
i
i Adjusted for seasonal variations.
".i
]
Common
labor
Cents
per
hour
67 ;
74 1
22. 49
15.35
0.568
.487
36
32
62.7
69.2
72.3
72.6 !
80.3
69
71
73
72
71
19.34
19.41
19.50
18.44
18.57
.507
.536
.542
.546
.550
35
37
37
38
38
84.6
83.8
87.2
88.2
88.8
88.2
83.3
81.8
68.8 1
67.7
69.5
71.5
71.8
71.6
69.5
67.3
72
74
75
76
76
75
72
72
18.89
19.81
20.49
21.00
20.79
20.70
19.92
19.59
.551
.558
.561
.579
.586
.586
.587
.588
37
37
42
43
43
43
42
41
79.4
76.0
85.7
70.1
59.7
69.7
68
67
74
17.36
17.08
20.15
.510
.464
.575
33
33
41
80.3
60.7
'National Industrial Conference Board.
8
SURVEY OF CUEEENT BUSINESS
October
1934
Finance
in financial markets during SeptemCONDITIONS
ber reflected no outstanding changes. After a
downward tendency in stock prices during the first
half of the month, quotations have moved irregularly
upward. Gains were most marked in the industrial
groups. Utility stocks held close to the lowest levels
of the last 2 years. The turn-over, which in August
was the smallest for that month since 1923, has continued low during the current month.
Bond prices have also shown a weakening tendency,
the Dow-Jones average price of 40 bonds receding 3
points in a period of about 3 weeks. Coincident with
the recovery of stock prices after the middle of the
month, bond quotations, particularly on lower- and
medium-grade issues, also moved higher.
No evidence of a revival of the new capital market
is afforded by the newr capital issues of August and
the first 3 weeks of September. Among the more important offerings during this period, exclusive of Federal Government obligations, were several municipal
issues and one utility issue. United States Government financing during August was confined to sales of
$376,000,000 of 182-day bills. On September 15, the
Treasury carried out a large refunding operation.
Federal Government expenditures for the present fiscal year through September 20 exceeded receipts by
$470,506,000, the cumulative deficit being more than
twice as large as in the comparable period of the 1934
fiscal year. The public debt as of that date stood at
$27,173,642,000, compared with $23,057,624,000 a year
ago.
Money rates during the period under review remained at very low levels. Yields on short-term Government securities showed a slight increase in response
to price recessions in long-term Government issues.
Rates on call loans and commercial paper remained at
the extremely low levels of recent months. The plethora of banking funds is reflected in the continued
high level of excess reserves of member banks which are
currently about 1% billion dollars.
Federal Reserve bank credit outstanding showed no
important change in recent weeks. Total loans and
investments of reporting member banks have declined,
although investments and nonsecurity loans each show
an increase. Loans on securities have been steadily
reduced; in contrast, "all other" loans have shown a
moderate but steady rise since the latter part of July.
The first outflow of gold as a result of exchange
transactions since early 1933 occurred during August.
Approximately $14,000,000 of gold was exported during
the second half of the month, and additional shipments
were made during the first week of September. The
outward movement ceased coincident with the strengthening of the dollar in the second week of the month.
Bankers' acceptances outstanding increased during
August for the first time since January. This checking of the downward trend was probably influenced by
seasonal considerations. The slight gain of $4,398,000
resulted from the increase in domestic and export bills.
Import acceptances and those issued for the purpose
of financing goods abroad continued to decline in
volume.
FINANCIAL STATISTICS
i
Bank
debits
outside
New
Tear and month York
City
1931:
August ._ . .
September
1932:
August ._
September
1933:
August...
September
October
November
December
1934:
January. .
February _ _ _ _
March
,_!
April
May. ... _ .
June
_
July.
August
i
1
91 cities.
Net
R e p o r t i n g m e m b e r Federal Total
gold
banks,
Wednesday
bankimi ers'
Savings deposits
closest to end of Reserve
acports
bank i ceptmonth i
inMoney
credit
cluding
in
out- j ances
circuoutgold
stand- ! standLoans
relation
in
All
InNew i Postal
on
leased
ing,
York 1 Savvestend/»of \ end
1 securi- other
of from
State
loans ments month month
ings
ear| ties
!
1
1
mark * i
Millions of dollars
1, 255
1,578
16,627
1, 090
41.5
996 I -258.5
4, 947 i
-,, 133 I
5, 173 i
f>, 231
423
469
11, 757 I
11, 767
3,971
3, 984
5, 354
o, 268
7,147
7,604
2,331 i
2,233 i
681
683
106.6
100.2
5,720 1
5, 685 ;
5, 243
5, 282
848
859
12,375
12,215
13,027 i
11,927 i
13,288 !
3,766
3, 687
3,604
3,569
3,620
4,767
4,853
4,989 !
4,999 |
4,765 !
8,074
7,989
8,158
8, 104
8,200
2,297
2,421
2,549
2,581
2,688
!
i
>
1
694
715
737
758 i
764
-.9
-7.4
5,616
5,632
5,656 !
5,681 \
5,811
5, 059
5,079
5, 049
5, 029
5, 064
1,178
1,181
1,189
1,199
1,209
13, 198
11,784
14,077
14,278
14,105 i
14, 754
13,910 i
13,421
3,609
3,520
3,514
3, 577
3,476
3,529
3, 358
3,247
4,740
4,665
4,647 !
4, 559
4,550
4,485
4,515
4,555 !;
8,772
9,215
9,311
9,326
9,280
9,723
9,889
9,906
2,630
2,567
2,545
2,485
2,4fi3
2,472
2,462
2,464
!
;
1
i
!
!
I
771
750 '
685
613
569
534
516
520 !
9.4
521. 2
236.5
53.6
34.1
64.7
52.9
36.2
5,669 i
35,339
5,368
5, 366
5,355
5,341
5,350
5,355
5. 067
5, 076
5, 122
5,097
5, 090
5,134
5, 114
5,054
1,201
1,200
1,200
1,197
1,197
1, 198
1,191
1,193
2
Net exports indicated by (—).
1926=100 Dollars ofThous.
dollars Dollars
Percent
|
j
16,526
Averi Bond
Stock prices,
age
Interest
New
divirates,
prices
York
New
dend
com(431)
per
Stand- Stock capital
mercial
Exard
paper
issues share
(600
(4-f
Statis- change
com- months)
(dotics
mestic)
panies)
i
-!5 !
2.7
!
|
i
i
i
i
95.5
81.7
93.75
88. 34
120, 329
270, 570
2.26
2.18
2
2
53.3
58.2
83.70
83. 93
62, 024
88, 515
1.25
1.24
2 -2^0
2 -2H
75.1
74.8
69.5
69.1
70.4
87.91
85.82
84.70
82.98
85.11
45,789
63,814
58, 702
88, 257 I
57, 000
1.05
1.06
1.06
1.10
1.11
75.6
80.5
77.1
79.6
71.8
73.5
71.4 1
67.8 !
88.77
90.12
91.09
92.54
92.32
93.16
92.00
47,775
79,121
97, 276
143,404 j
102,733 1
122,506 1
216,645
179,548
1.12
1.15
1.16
1.16
1.18
1.19
1.21
1.23
!
«.i.|
1H
1H-1H
1H-1H
UMH
1K-1H
1 -ifc
i -1M
i
H-i
W-i
M-i
' Gold coin reported in circulation prior to Jan. 31, 1934, was eliminated from the total as of that date.
SURVEY OF CURRENT BUSINESS
October 1934
Foreign Trade
trade increased during August by more
EXPORT
than the usual seasonal amount, while imports
Total imports declined 6 percent in value during
August. As this downward movement was contrary to
declined. Although agricultural exports were higher the usual trend, the adjusted index dropped from 43 per
in quantity and value, a considerable part of the increase cent of the 1923-25 average in July to 39 percent in
was due to larger exports of a variety of nonagricul- August. The August index was 11 points below the
tural products.
figure recorded in August 1933, when the peak of the
The increase in value of total exports during August import movement resulting from forward buying was
as compared with July was 6.3 percent, while the reached following the suspension of gold payments by
increase ordinarily is 4 percent. The adjusted index the United States.
The decline in total imports during August 1934
advanced from 48 percent of the 1923-25 average in
July to 49 percent in August. The corresponding resulted chiefly from a reduction in incoming shipments
indexes in August 1933, 1932, and 1931 were 38, 31, of crude materials and semimanufactures. Tin, crude
and 47, respectively.
rubber, inedible vegetable oils, hides and skins, unPrincipal export articles which increased in quantity dressed furs, and unmanufactured tobacco showed
and value during August, included unmanufactured reductions in value ranging from $2,300,000 for tin to
tobacco, wheat and flour, canned fruit, machinery and $500,000 for tobacco. The total decline for the commodappliances, aircraft and parts, and lumber; the increase ities mentioned amounted to $7,400,000. Among the
in value of these articles ranged from $4,300,000 for import commodities, there were, however, a number of
tobacco to $1,000,000 for lumber. Gasoline, wood instances of an expansion in the quantity of purchases
manufactures, iron and steel-mill products, advanced during August, particularly among the foods and textile
manufactures of iron and steel, rubber manufactures, manufactures. The quantity of cane-sugar imports
fertilizers, paper manufactures, firearms and ammuni- from Cuba, which were less than one-third as large in
tion, and leather were among the other leading exports the 7 months ended July as in the same period of 1933,
registering a considerable expansion.
increased 81 percent in August as compared with the
Exports of automobiles, including parts and accesso- preceding month. Although newsprint and burlaps,
ries, declined $3,100,000 and unmanufactured cotton fell the leading manufactured import commodities, declined
off $2,500,000. Varying trends appeared in exports of considerably during August, the value of total imports
petroleum products. While shipments of gasoline of finished manufactured articles increased about 3
increased considerably, exports of crude petroleum, percent, principally because of the increase in textile
fuel oil, and lubricating oil declined.
manufactures and art works.
EXPORTS AND IMPORTS
Indexes
ExValue Value ports, i
inof
of
total total clud- Total
ing
Yearj&ndmonth
imexports, ports, reexports
adadjusted i justed1
Criude
mat erials
Raw i Total
cotton
Total
IInishe 1
mainufacti ires
Food stuffs
Fruits
and
prep- 1
arations i
Monthly average, 1923-25=100
1931: August...
1932: August
1933:3
August —
September
October
November
December
_
1934:
January
February
„
March
April
May
June
.„ ._ .
July
August
Cumulative, January
through August:
1932. ... .
1933
..
1934..,
1
54
29
164. 8
108.6
161.5
106.3
25.5
29.7
38
40
42
42
48
50
48
46
40
42
131.5
160.1
193.1
184.3
192.6
129. 3
157.5
190.8
181.3
189.8
42.0
63.6
81.8
71.3
73.1
44
47
50
50
45
50
48
49
42
42
44
42
47
44
43
39
172.2
162.8
191.0
179.4
160.2
170.6
161.8
172.0
169.5
159.7
187.5
176.5
157. 2
168.0
159.2
169.8
60.4
54.2
55.3
45.9
38.0
47.0
37.2
39.7
335 1, 055. 4 1, 030. 2
944.9
927.8
335
343 1, 370. 0 1, 347. 4
298.2
300.8
377.6
47
31
337
333
348
Adjusted for seasonal variations.
86891—34
2
I m ports i
Exports of United States merchandise
J
i
1
9.9 i
18. 1
28. 1
17.3
28.2
45.3
54.2
48.8
44.3
16.9
18.7
23.5
24.1
24.3
41.5
37.7
317
24.5
17.6
28.9
20.3
17.8
22.7
19.6
20.1
17.8
16.8
14.9
17.1
32.1
195.5
205.6
223. 0
160.1
112.4
151.0 !
8.0
5.4 i
Semimanufactures
Millions of dollars
84.1
23. 9
20.2
46.3
12.9
9.0
20.5
21.3
24.4
24.2
28.5
5.6
6.8
11.0
9.7
8.3
8.4
25.0
24.5
6.8
5.5 I 31.4
4.4 \ 29.4
3.3 1 26.2
27.9
4.0
2.9
28.8
7.7 i 29.4 j
42.2
31.8
43.0
!
Total
AutomoMa- biles,
chin- parts,
ery
and
accessories
133.7 i
138. 6
222.6 '
Total
Crude Food- Semimaiimaterials stuffs ufactures
Finished
manufactures
JO. 8
5.1
166.7
91.1
47.7
22.2
45.4
29.2
28.3
15.1
45.3
24.6
50.0
53.9
61.1
61.7
63.9
11.1
11.7
13.5
16.0
15.8
8.1
8.3
8.6
7.3
9.3
154.9
146.6
150.9
128.5
133.5
50.8
48.3
46.9
37.3
36.2
35.4
31.2
34.8
30.6
42.4
35.1
33.5
33.2
27.8
27.2
33.7
33.6
36.0
32.8
27.7
61.4
61.4
80,8
83.4
76.2
78.1
76.2
78.7
14.4
14.6
18.3
19.2
17.0
18.6
18.9
20.2
10.8
13.2
20.6
21.5
20.6
20.0
18.4
15.3
128.7
125.0
153.1
141.1
146.9
135.0
124.1
117.3
35.7
36.9
44.9
41.0
42.8
42.6
39.1
34.2
39.3
38.3
48.6
45.6
46.3
39.3
29.1
30.8
26.4
22.2
29.7
26.1
26.0
26.8
27.5
23.0
27.3
27.6
29.8
28.4
30.8
26.4
28.5
29.2
438.3 :
91.0
75.5
56.9 | 917.3
57.1
890. 0
HO. 4 1.071.2
247.3
249.4
282.0
317,2
376. 0
5«B,2 ' 141.1
General imports through December 1933; imports for consumption in 1934.
278.1
317 3
152.3
170. 3
20H.7
i Monthly average.
235.7
192.2
228.1
10
SURVEY OF CURRENT BUSINESS
October 1934
Real Estate and Construction
A N INCREASE of 34 percent in the volume of
-^** public works contracts let during August as compared with July was responsible for the slight gain
recorded in the total for all classes of construction for
that month. There was a substantial drop in the
amount of privately financed work placed under contract following the spurt of the preceding month.
Contracts let during the first half of September were
higher, on a daily average basis, than in the preceding
month and were also above the comparable period of
1933. Last September marked the beginning of the
rapid rise in the volume of public work placed under
contract which increased the monthly awards in the
public-works classification from $32,000,000 in August
to $104,000,000 in November of that year.
Actual construction operations are on a scale in
excess of last year. In the week ended September 8,
the number of persons employed directly on public
works projects, both Federal and non-Federal,
amounted to 589,000, compared with less than 100,000
in the first week of October 1933 (the first period for
which the data are available). The estimated weekly
expenditures for public construction in the first week
of September were in excess of $28,000,000 which figure
although $4,000,000 less than the peak reached in the
week of July 28, compares with $4,168,000 in the week
of October 5, 1933. The decline since the end of July
has resulted from the tapering off of road construction.
Privately financed contracts in August were about
one-fourth less than in July, the drop last month being
larger than the increase which occurred in July over
June. During the elapsed 8 months of 1934, the F. W.
Dodge Corporation statistics for the 37 States east of
the Rocky Mountains reveal that privately financed
work amounted to $400,654,500 as compared with
$391,926,200 in 1933, a gain of about 2 percent.
Residential building contracts declined further
during August, and for the 8 months of 1934 were only
7.6 percent in excess of last year. For the past 4
months, May to August, inclusive, residential contracts were less than a year ago. Nonresidential
contracts let in August also declined below the July
total due to the drop in factory construction which
had shown a gain in July as a result of the award of a
few relatively large contracts. The only substantial
gain in this classification in August was in the educational group.
The Federal Housing Administration has undertaken an aggressive rehabilitation campaign in an
effort to stimulate employment in the construction
industry. The support of banks throughout the country has been enlisted in carrying out the financing of
operations under this plan, and provision made for
reducing the costs of such financing. The second part
of the program will deal with the construction of new
homes, but this phase is not expected to be under way
before November. The recent real property inventory
taken by this Department revealed a large potential
market in the home repair and modernization field.
For example, the survey showed 44 percent of all structures in need of minor repairs and 16 percent in need of
major repairs.
BUILDING MATERIALS, CONSTRUCTION, AND REAL ESTATE
Year and month
F.JR.B.
index
adjusted i
AH types of
construction
ResidentiaS
building
NumMilber of lions
of
proj- dollars
ects
Mil-
j
Publie
utilities
Explosives,
Pubnew Maple Oak
lic
orders floor- floorworks
ing
ing
!
Monthly
average,
1923-25 =
100
1931: August
__
1932: August
1933:
August
September _ _
_ _
October
November
December
_ _
1934:
January
February
March.__ _ _ __
April
.
May_._
June
July.... .
August
Monthly average January through
August:
1932
1933
1934
.
_.
1
59 1 9, 242
30 I 7, 185
•ir ssi
233
134
14. 1
5. 5
8, 186
7,594
7,476
6,232
7, 677
106
120
145
162
207
49 j 7, 729
44 i 5, 507
33 i 7,927
32
8,114
26
9,153
26
8,368
7,182
27
21
28
19
33
24
30
37
48
58
i
1
j
:
I
Mil
Millions of
dollars
I Thou- Thousands of Thoufeet, board sands of
|sands of
barrels
i pounds
measure
60. 2
20. 8
12.4
7.4
60.9 j 27,092
56.7 19, 214
3, 397
2,816
21, 464
11,626
15,172
10, 968
6. 4
6. 3
6. 9
6. 4
5. 9
21. 9
21. 5
21. 5 i
23. 6
23. 9
19.4
3.4
7.0
6.9
34.0
32.0 25,106
57.3 25, 107
85.7 25,084
104.1 ! 23,256
99.2 23,318
3,386
2,622
3,236
2,300
3,234
12, 793
9,563
8,624
10, 017
6,417
5,994
6, 517
6, 750
4,463
3, 738
7,625
186
97
178
131
134
127
120
120
3. 9
3, 6
8. 0
6. 0
6. 2
7. 5
4. 8
5. 0
15. 1
14. 5
28. 1
22. 7
24. 8
26. 6
19. 9
18. 6
10.6
6.4
21.0
12.4
5.6
13.1
7.9
8.7
103.1 28, 504
46.7 25,584
71.9 27, 725
57.5 1 26,958
51.2 24, 231
44.3 24, 812
31.2 23, 384
41.9
3,665
3,665
4,643
4.303
4, 512
3,573
4,421
4,279
5,137
8,112
13,711
9,476
9,813
7,965
7,713
9,041
6,628
7,030
7,701
116
78
137
6. 5
5. 9
5. 6
25. 4
19. 8
21. 3
6.5
6.5
10.7
39.2 "17, 729
19.1 "18, 216
56.0 "25, 885
2,275
2,621
4.133
11,433
10, 788
8.871
Based on 3-month moving average and adjusted for seasonal variations.
Highways
under
construction
(National
CeIndusment
trial
Recovery
Act)
Building material
shipments
Construction contracts awarded
Thousands of
dollars
Construction
costs,
Eng.
NewsRecord 2
Monthly average,
1913 =
100
Longterm
realestate
bonds
issued
Home
Loan
Bank,
loans
outstanding
Thousands of
dollars
171.4
156. 8
2,100
0
34, 962
92, 215
134, 491
159, 575
167.0
175.5
187.7
190.1
192.1
0
0
0
0
0
59, 806
66, 329
73, 110
80, 699
88, 442
3,778
2,952
4,618
6,492
8,784
8,539
7,893
8,297
197, 088
216, 291
239, 974
269, 229
288, 460
283, 506
267, 509
231, 554
191.3
194.0
194.0
195.9
199.6
199.6
199.7
198.4
0
0
0
0
0
0
400
0
92, 497
94, 040
93, 125
88, 922
86, 842
86, 248
85, 723
85,519
6,811
5,327
6.419
249, 201
156.2
162.1
196.6
319
113
50
33, 298
89,115
2 First of month, Sept. 1, 1934, index, 200.6.
° 1 months' average.
11
SURVEY OF CURRENT BUSINESS
October 1934
Transportation
Both gross operating revenue and net operating income of class I railroads declined in July from June, 2
volume of the year. This was slightly above the percent and 16 percent, respectively. As compared
loadings for the week ended September 1 and 83,256 with July 1933, gross operating revenue declined 6 perabove the week ended September 8, which included the cent and net operating income 46 percent. PrelimiLabor Day holiday. Loadings for each of these 3 nary data indicate that gross operating revenue for
weeks were from 2.1 to 4.2 percent below the loadings August will be above that for July, and that net operfor the comparable weeks of 1933, and from 33 to 37 ating income will also be larger. For the first 7
percent below the average loadings for these weeks months of the year gross operating revenue increased
during the past 15 years. Loadings for the 37 weeks 11.5 percent and net operating income 19 percent over
of the year ended September 15 totaled 22,021,032 the preceding year. Thirty-three class I railroads
failed, however, to earn expenses and taxes during this
cars, an increase of 8.6 percent over a year ago.
The index of car loadings for August, adjusted for 7-month period.
In order to bolster their financial position, the
seasonal variation, declined 2 points to 59 percent of
railroads
on August 27 petitioned the Interstate Comthe 1923-25 monthly average, the lowest level reached
merce
Commission
for an increase in freight rates estisince November 1933. Of the eight groups of freight,
listed in the table below, livestock was the only one mated to yield approximate!}^ $170,000,000. Action
to show an increase after allowance for the usual sea- on this request has not yet been taken.
sonal gain. Such shipments, obviously affected by the
The number of employees of class I railroads, at
drought, rose 27 percent more than the usual seasonal the middle of August, declined 1.6 percent below the
increase. This brought the adjusted index for this July total, the second consecutive monthly loss, but
class of shipment to 7 percent above the 1923-25 was still above the 1,000,000 figure which was reached
monthly average. The group with the next highest last April. Decreases in employment for August were
index on this basis for August was grain and grain recorded in each of the eight classes of employees with
products, for which the index was 30 percent below the the major decrease, 3.45 percent, in maintenance of
base indicated. Shipments of forest products were equipment and stores.
the lowest, relatively, being 71 percent below the
Practically all of the railroads have joined in an
1923-25 monthly average. The adjusted index of attack on the constitutionality of the Railway Pension
less-than-carlot shipments remained unchanged for Act in a petition filed on August 13 with Judge Proctor
the fifth consecutive month.
in Supreme Court of the District of Columbia.
loadings for the week ended SepFREIGHT-CAR
tember 15 totaled 645,986 cars, the largest weekly
!
F.R.B. index
i
]j
V
1
3
I
CO
Year and month
4
1 f
1931: August _ _
1932: August
1933:
August _ _
September
October
November
December.
1934:
January
February
March
_
April
May
June
July
August
Monthly average, January through August:
1932 .
1933
1934
1
Daily average basis.
2
3
e
as
1
Monthly average, 1923-25= 1
100
I
76
72 747. 6
53
51 516.2
J!
Iaa
£
£
2
o
i
I
:\
T3
X
1 *§
I i
3
*
3
8
fi
jjS
1 1
Freight-car surplus
Freight-car loadings
Thousands
Thousands of
dollars
on
1
I£
0
Canal traffic
1
OS
&§
^
ta
-2
00
1
1
&
rt
*Ir 1 !
1
-w
I
118.7
84.6
4.6
2.7
27.6
15.5
44.3
38.5
21.7
16.9
214.0
168. 8
35. 0
7.1
28178
182.1
574
708
2,091
1,323
360, 283
249, 389
55, 376
27, 985
8, 385
3,095
125. 1
125.0
125.0
125.5
114.1
6.7
7.0
6.7
6.4
6.7
27 7
24'. 7
24.4
23.4
18.1
29.7
31.2
29.8
30.9
25.9
16.6
20.3
23.2
20.5
15.1
170.4
168.4
172.6
166.7
148.5
36.2
36.8
27.8
7.4
2.9
220.4
227.6
242.0
210.7
181.9
398
380
385
441
463
1,351
1,392
1,256
1,054
1,333
297, 018
292, 147
294, 342
257, 676
245, 330
60, 978
60, 936
57, 265
37, 566
37, 764
7,691
8,453
7,154
3,014
172
623
517
593
664
0
1,002
961
1,082
964
922
1,306
1,132
1,227
1,212
1,122
1,303
1,280
258, 006
248, 439
293, 178
265, 391
282, 024
282, 779
275, 984
30, 931
29, 281
52, 038
32, 265
39, 495
41, 836
35, 221
0
0
0
13
5,745
7,901
7,522
} 6 989
0
0
0
140
550
557
519
846
979
1,119
1,038
1,008
835
770
"1,372 "259, 820 <>17, 272
"1,047 "244, 136 "31, 294
"1,226 "272,257 037,295
A 1,932
*4, 302
*5, 634
Trlousands of cars
61
60
58
59
63
58
61
63
60
63
64
63
63
64 i 544.4
64 577.2
66 611.8
62 583.7
63 610.4
64 615.6
61 586.6
59 605.0
129.8
143.8
145.9
100.3
106.8
100.3
93.2
95.9
7.7
10.1
8.9
5.8
6.8
6.8
4.4
4.1
18.3
21.8
23.7
24.2
25.1
24.6
20.8
22.3
29.4
30.1
29.6
26.5
28.1
34.9
42 7
40.1
17.5
15.3
13.4
16.3
16.2
15.4
22.2
30.9
153.8
156.9
165.5
166.0
164.9
157.7
153. 2
159.6
3.1
3.1
3.7
7.4
20.7
33.1
31.3
29.0
184.8
196.2
221.0
237.4
241.6
242.7
218.7
223.1
434
375
357
368
355
343
348
359
55
56
63
532.5
540.4
593.1
92.1
101.9
115.0
4.1
5.2
6.9
17.8
20.3
22.7
32.0
33.3
32.6
17.4
15.7
18.2
178.2
161.7
159.8
3.9
11.2
16.5
186.9
191.1
221.4
737
555
367
I
I
!
!
Financial
statistics, class
I railroads
Thous.
of long
tons
859
426
650
528
4
65
68
66
60
56
632.8
640.9
651.4
591.5
513.1
Pullman passengers carried
i
!
RAIL AND WATER TRAFFIC
Adjusted for seasonal variations.
3
American vessels, both directions.
4
Average weekly basis. » 7 months' average
Thousands of
short tons
!
"(;42
"708
"942
* Average, A pril-August.
12
SURVEY OF CURRENT BUSINESS
October 1934
Automobiles and Rubber
schedules in the automobile indusPRODUCTION
try have undergone a sharp downward revision
of 1933, by major regional areas, indicates that the
increases have been particularly pronounced in the
during September because of the recession in demand, southern area, and that sales in that region and in the
which usually occurs at this period of the year, and Middle West have been above the average for the
the preparations that are under way for next year's country. The territorial divisions are, of course,
offerings. On the basis of estimated weekly assem- rough and the comparisons should be read on that
blies for the month through the 22d, the indicated basis. The percentage increases follow: East, 22;
production for September is 170,000 units which would South, 67; Middle West, 47; West, 38; and the avermean a larger than seasonal decrease from the August age for the country, 41.
total. The results of the year to date, however, have
A decline in the output of the rubber industry during
been satisfactory from the volume standpoint with August is indicated by the further recession in the
the probable output for the first three-quarters of the daily average consumption of crude rubber and also
year around 2,400,000 units, or 46 percent in excess by the employment and pay-roll data. Production of
of the same period of 1933. If the output in the final pneumatic casings, however, recovered some of the
quarter equals the performance of the same period severe drop of the preceding month. This increase
last year, 1934 production will be well in excess of accompanied a rise of about 19 percent in shipments
2,600,000 cars and trucks, the largest figure since 1930 to dealers. Shipments to automobile manufacturers,
when the comparable total was 3,3*56,000.
however, were nearly 40 percent less than in July.
While production in August was in line with pre- Inventories of the manufacturers are gradually being
liminary estimates, the retail sales were not as large reduced. Stocks, which had been built up in the
as suggested by early reports. The Bureau's index of spring to 11,621,000 casings, had been reduced by the
new passenger-car sales, which is adjusted for seasonal end of August to about 8,460,000.
variation, declined rather sharply after recording a
Restrictions on the production of crude rubber are
substantial increase in the preceding 2 months. Not- reported to be tightening gradually, and some receswithstanding this loss, the August retail volume sion in world stocks occurred in August. The price of
was higher than in the comparable 1933 period. crude gradually strengthened, reaching 15% cents, but
Reports on September sales indicate that the trend has reports of difficulties in securing the ratification by
continued downward.
one minor producing country of the international
A comparison of the trend of registration figures for rubber agreement was followed by a recession in the
the first 7 months of 1934 with the comparable period middle of September.
AUTOMOBILE AND RUBBER STATISTICS
!
Automobile production
Year and month
New
pasCanada
United States
senger
car
PasF.R.B.
Passen- Trucks 11 regsen- Taxi- Trucks
istraindex, Total
ger
Total
ger
tions
adcabs
cars
justed^
|
1
i
Monthly average,
192325=100
1931: August
1932: August
1933:
August
September
October
November,
December. .. _
1934:
January^ __
February
.
March
April....
May
June
July
August
Monthly average, January through August:
1932
1933
1934
Automobile
exports
Thousands
New passengercar sales
Pneumatic
tires 3
AdUnadjusted justed i
DoWorld
Do- mestic
Pro- mestic
Im- stocks,
conduc- ship- sump- ports
end
of
tion ments tion,
month
total
Monthly average,
1929-31=100
Number
Crude rubber
Long tons
Thousands
52
23
187
90
155
76
104
9
31,772
14, 418
4,544
4, 067
5,675
2,893
2,374
2,044
155, 744
93,457
58.8
34.0
52.5
30.0
3,125
2, 471
3.845
2,065
25, 379
20, 582
39, 033
33, 989
550, 580
595, 782
60
55
45
30
45
233
192
135
61
81
191
157
105
41
49
68
9
63
1.611
1,299
41, 441
34, 424
29,813
18, 318
29, 776
6,079
5,808
3,682
2,291
3,262
6, 516
6,330
5,906
3,527
3,066
3,792
4,614
5,567
3,176
6,460
178, 935
157, 976
136, 326
94, 180
58, 624
58.3
51.2
42.7
33.0
17.3
52.0
52.0
53.5
53.0
30.5
3,995
3,199
2,743
2,432
2,466
3,674
2,714
1,943
1,686
2,726
39,097 45, 413
31,047 46, 255
27, 758 46, 034
25, 371 41, 821
25, 306 40, 751
603, 711
619, 019
628, 127
646,423
644,898
56
71
78
85
78
82
77
61
157
232
331
355
332
308
267
235
113
188
275
289
274
262
224
184
321
27
16
I
0
0
0
0
43, 255
44, 041
56, 525
65, 714
57, 887
46, 213
42, 708
51,309
6,904
8, 571
14, 180
18, 363
20, 161
13, 905
11,114
9,904
3,685
8,872
16, 141
16, 509
16, 058
18, 071
17,621
12,522
61, 242
7,573
94, 887
6,039
10, 076 173, 287
10, 756 222, 900
8,612 219, 163
6,816 1 223,642
6,338 228, 760
7,305 193,828
22.8
45.7
68.4
87.9
78.1
84.6
73.9
63.6
33.5
54.5
64.5
59.0
55.5
63.5
67.0
56.5
3,804
4,205
5.025
4,627
4,323
4,212
3,252
3,428
3,043
3,106
3,966
4,212
5,049
4,956
3,954
4,086
35, 159
36, 518
43, 329
40,902
39, 571
36, 620
30, 035
30,312
49,088
35, 220
42, 253
45, 175
49, 901
48, 748
42, 674
32, 700
643, 355
652, 690
653,000
647, 993
659, 865
660, 699
671, 882
663,747
42
56
74
134
182
277
113
152
226
71
174
46
21, 120
29, 277
,50, 957
6, 401
6, 360
12, 888
4, 017
5,710
13,685
2,030 i 107,659
2, 963 i 130,890
7,939 177,214
41.9
46.9
65.6
3,069
3, 175
4,109
3,111
3,083
4,047
26, 532
30, 433
36,560
35, 993
30, 505
43,220
612, 342
618, 675
656,654
1
Adjusted for seasonal variations.
8
i
See note on p. 51. August figures are preliminary.
13
SURVEY OF CURRENT BUSINESS
October 1934
Forest Products
quarter. In making this decision the committee had
in mind the large surplus stocks of lumber as well as
has subsequently moved lower. The increase in the the demand prospects of the rest of the year.
Forest-products carloadings during the 4 weeks of
cut for the month of August was in excess of the usual
seasonal gain, resulting in the first gain in the season- August, totaling 89,342 cars, were 19 percent lower
ally adjusted index since last March. This improve- than in the same period in 1933. Estimated lumber
ment also brought the Federal Reserve Board's index loadings also declined by a like amount. For the year
up to 36 percent of the 1923-25 average, or 3 points to date total loadings of forest products and lumber
above the average for the year to date. Estimated were 12 and 10 percent higher, respectively, than in the
total production for the elapsed 8 months of 1934, similar period last year.
Emplo3^ment in the lumber and allied-products
however, was only slightly larger than the corregroup increased 0.4 percent and pay rolls 6 percent
sponding total for 1933.
Lumber shipments during August exceeded produc- during August. Among the industries showing imtion, resulting in some curtailment of the large stocks proved employment were included furniture, sawmill,
in the hands of manufacturers. The gain in shipments and turpentine and rosin; millwork alone showed a
was influenced by the settlement of the longshore- loss from the preceding month. As compared with
men's strike on the Pacific coast and also by price August 1933, pay rolls were greater by 10 percent
considerations. During the first half of September, and 41 percent, respectively, in the sawmill and
however, shipments dropped below the level of the turpentine and rosin industries.
Activity in the paper and pulp industry was well
cut. Production was in excess of the new orders
received in all but 1 of the 6 weeks ended September 15. maintained during August, according to the trend of
Orders for the year through September 15 were 10 the employment and pay-roll data. Pay rolls were up
percent less than in 1933 and 5 percent less than the 2 percent for the month, while employment was
production for this same period.
unchanged. Production of newsprint paper in the
On the assumption that the decline in lumber United States during August was 9 percent greater
demand during the final quarter of 1934 would be than July; shipments from mills also increased, reachlarger than the usual seasonal reduction, the national ing the highest level since April 1932; and stocks
control committee of the lumber code authority set the declined. Consumption of newsprint by publishers,
"net" cut for this period at 3,073,500,000 feet, as although declining slightly below the July total, was
compared with 3,832,000,000 feet for the current the largest August consumption since 1931.
production increased steadily from the
EMBER
early part of July to the middle of August, but
FOREST PRODUCTS STATISTICS
Produ etion,
adju sted i
I[*ay rolls»
Employment
F
Paper
Lum- and
ber printing
Tear and month
rir i s»w-
Turpentine
!s
tur'e,
! m=j
> and
i
i
aual
rosin,
unadjusted
jurtrtijj™*""
Urladjustt 3d
Furniture
Turpentine
and
rosin
Sawmills
Lu mber pr oductiorl
CarloadIngs, |
forest Doug- South- South- Caliern
fornia
prod-2
ern
las
hardreducts !
fir
pine
woods wood
, .__
38
23
105
84
73.5
50.8
39.2
24.7
80.7
66.8
58.4
28.7
33.0
13.0
Thousands of
cars
42.8
27.6
31.8 i
15. 5
August
September
October
November -_
December
1934:
January
February
March
April .
May
._ .
June_
July
August
_.
46
36
33
30
32
106
104
99
95
97
68.6
74.8
72.2
67,3
63.8
32.7
34.5
35.6
34.4
34.0
89.4
97.6
103.9
101.1
107.7
43.9
52. 8
55.0
45.0
40.1
20.1
23.2
23.3
21.8
20.0
36. 3 '
43.3
48.3
45.3
48.9
27.7
24.7
24.4
23.4
18.1
34
29
38
33
33
31
29
36
99
99
100 I
100 1
100
i
:
|
82.2
63.0
64.1
63. 0
64.5
64.7
64.9
62.8
32.1
32.7
33.7
34.5
35.6
34.2
33.1
33.0
97.8 \
98.6 1
101.4
101.2
102. 4
98.6
97.3
98.3
35.3
40. 5
41.1
40.3
40.5
41.2
39.3
42.7
17.4
19.1
20.7
22.5
24.2
23.2
20.9
22.1
50.4 !
51.7 I
46.2
53.7
51.4
51.0
50.3
51.3
18.3
21.8
23.7
24.2 |
25.1
24.6 1
20.8 !
22.3
Monthly average, 1923-25=100
1931:
1932:
1933:
August
August
Consumption
by
publishers
Millions of feet, board measure
1
Imports
Production
S hort tons
'S
120
91
143
59
16
11
146, 249
123,873
157, 037
147, 669
88, 203
79, 334
188
137
132
128
133
114
104
103
96
165
150
143
131
135
15
18
22
16
17
127, 837
134, 306
152, 098
154, 934
148, 427
151,210
177, 750
175,711
176, 766
168, 787
85, 327
72, 091
82, 052
87, 567
80, 895
106
112
124
117
118
108
99
99
124
128
120
135
116
146
116
20
23
25
24
26
26
21
140, 955
156, 721
160. 815
193, 088
154, 175
150, 500
145, 095
168, 752
124, 584
168, 839
196.490
204. 036
200, 004
197, 227
171, 390
84, 897
71, 544
84, 966
80, 505
89, 726
82, 260
74, 017
80, 903
086
012
011
0M
143, 105
131, 395
156, 913
152, 386
136,816
178, 915
87, 314
77, 884
81, 102:
1U
109
132
151
153
132
77
70
153,958
i1
Monthly average, January through August:
1932
.
1933 ___
1934
1
N ewsprint
25
32
33
i
59. 7
57.4
63.7
26.5
25.5
33.6
Adjusted for seasonal variations.
72.1
74.1 i
99.5
35.1
30.4
40.1
14.6
12.9
31.3
2
33.2
31.3
50.8
17.8
20.3
22.7 :
Weekly average.
099
Q 132
0118
93
104
110
0126 |
»7 months average.
14
SURVEY OF CURRENT BUSINESS
October 1934
Iron and Steel Industry
in the iron and steel industry in
CONDITIONS
mid-September are without evidence of the beginning of a broad Fall improvement. Demand has
continued on a restricted basis, according to the trade
reviews, with Government-financed construction one
of the few sources of increased business, as indicated
by the fact that structural steel awards during August
were one-fifth higher than in July and relatively large
also during the first half of September.
The reaction from the abnormally high rate of ingot
production in the second quarter carried the rate of
operations below one-fifth of the rated capacity of the
industry in early September before a moderate recovery
occurred. Weekly estimates of ingot output, however,
do not indicate a gain in the average rate of output
for the current month over August when the industry operated at 22.93 percent of capacity, or about
four points less than in July. The rate of finishing
operations may have been at a somewhat higher rate as
the shipments of finished products by the leading steel
producer increased in August as compared with July.
August iron and steel output, adjusted for seasonal
variation, was at 38 percent of the 1923-25 average,
compared with 85 in June arid 80 in August 1933.
Although activity during July and August was far
below a }7ear ago, production in the elapsed eight
months of 1934 exceeded the comparable total of a
year ago by about one-fourth.
Pig-iron production in August was the smallest
since May 1933, with operations on the basis of about
one-fourth of capacity. The daily average rate of
production, 34,012 tons, was 14 percent less than in
July and 42 percent lower than in August 1933,
although double the output for the comparable
period of 1932. There was a net loss of 14 active blast
furnaces during the month.
Daily average steel-ingot production, at 50,495 tons,
was down to the lowest figure since the first quarter of
1933. The erratic performance of the industry during
the current year is indicated by comparing August
production with the high of 124,174 tons recorded in
May, this latter figure being at the rate of 56.39 percent
of capacity.
Steel consuming industries reporting an improvement in August business included the machine tool
and forging machinery group. New orders, which
had declined during the 2 preceding months, increased
by about one-fifth during August as compared with
July. An increase occurred in both foreign and
domestic sales, with 53 percent of the companies
reporting a larger volume of business.
Export markets have afforded an outlet for a
relatively large tonnage this year. Foreign shipments
during the first 8 months of 1934 were the largest for
this period since 1930. Scrap exports, however, have
constituted 61 percent of the total shipments so far
this year.
Prices of finished steel products have changed only
slightly in recent weeks, and current prices have
generally been reaffirmed for the fourth quarter. The
Iron Age composite price of scrap for three cities
dropped to $9.58 a ton in the middle of September.
IRON AND STEEL STATISTICS
General operations
EmPay
Produc- ployEx- Imtion, ment, rolls,
unad- ports ports
adadJusted * justed' justed
Year and month
Monthly average,
1923-25=100
1931: August
1932: August
1933:
August
September
October
November December
1934:
January
February
March
April
May
June
July
August
Monthly average,
through August:
1932
1933
1934
...
1
--
._ _
January
-.
.
Iron and
steel
Pig iron
Production
Furnaces
in
blast
Thousands of long
tons
Number
Steel ingots 'steel sheets « i United
Prices
II
1 States
Steel
CorpoSteel
ration, Iron billets,
Steel Finished
ProNew Ship- finished
and Besse- scrap
steel,
duc- Per- or- ments prodsteel, mer (Chicomtion cent ders
ucts,
com- (Pittscago)
posite
of
ship- posite^ burgh)
caments
pacThou- ity
Dollars
sands
Long
Thousands of
Dollars per long ton
per 100
of long
short tons
tons
pounds
tons
50
23
68.2
48.8
50.8
23.5
73
33
30
24
1,281
531
76
42
1,717
847
31
15
123
66
152
61
573, 372
291,688
30.73
28.77
29.00
26.00
8.38
5.75
2.19
2.17
80
65
60
47
60
68.7
70.9
69.4
68.1
67.6
50.0
47.5
47.6
43.3
43.7
119
109
165
158
185
47
56
47
29
31
1,833
1,522
1,356
1,085
1,182
98
89
79
76
75
2,864
2,283
2,085
1,521
1,799
49
40
37
27
33
159
145
79
88
110
174
164
175
99
112
668, 155
575, 161
572, 897
430, 358
600, 639
29.92
30.36
30.53
30.25
31.01
26.00
26.00
26.00
26.00
26.00
10.45
9.84
9.33
8.56
8.94
2.17
2.20
2.26
2.26
2.31
56
63
66
76
84
85
47
38
64.9
66.4
69.1
71.5
74.3
76.3
71.4
68.8
41.1
45.7
51.3
56.8
61.3
62.6
47.6
45.5
178
151
261
202
242
219
233
243
23
25
38
27
29
25
18
33
1,215
1,264
1,620
1, 727
2,043
1,930
1,225
1,054
87
89
96
110
117
89
75
61
1,971
2,183
2,761
2,898
3,353
3,016
1,473
1,363
33
41
46
53
56
53
27
23
209
184
158
272
246
115
73
66
131
147
201
184
241
302
85
78
331, 777
385, 500
588, 209
643,009
745, 063
985, 337
369, 938
378,023
31.15
31.30
31.38
32.67
32.97
32.96
32.32
32.24
26.00
26.00
26.00
26.75
29.00
29.00
27.40
27.00
10.50
11.00
12.13
11.75
10.95
9.75
9.55
9.19
2.31
2.31
2.31
2.40
2.53
2.53
2.46
2.44
32
52
64
54.8
53.5
70.3
30.8
31.5
51.5
51
91
316
31
31
27
784
1,008
1,510
54
67
91
1,169
1,863
2,377
21
33
42
93
135
165
98
118
171
356, 253
447, 737
553,357
29.21
28.56
32.12
26.78
26.00
29.14
6.44
7.50
10.60
2.16
2.11
2.41
Adjusted for seasonal variations.
1
Black, blue, galvanized, and full finished.
3 See note on p. 46.
15
SURVEY OF CUERENT BUSINESS
October 1934
Textile Industries
HE strike in progress in various branches of the
T
textile industry during the period September 3-22
resulted in a substantial curtailment of production
during the current month. Definite data are not
available as to the extent to which operations were
curtailed, but estimates of cotton cloth production
have been made by the code authority for the 2 weeks
ended September 15 which show a weekly production of
58,000,000 yards, compared with 115,000,000 yards
in the week ended September 1. Since the strike
originated in this division of the industry, presumably
its major effects would be reflected by the cotton
cloth statistics. The stoppage of output in numerous
plants had the effect of substantially curtailing stocks
which, in general, had been increased in recent months
and were high relative to the current demand.
During August production in the textile industries
as a group was higher than in the preceding month,
both actually and after allowances for the usual
seasonal movement. The Federal Reserve Board's
adjusted index moved up to 80 percent of the 1923-25
average, or 3 points above the figure for each of the
two preceding months, The increase in cotton consumption was a major factor in this upturn.
As machine operations in the cotton textile industry
were curtailed by the 25 percent limitation of hours
through the week of August 25, operations for the
month were at a rate only moderately higher than in
July. Production was increased during the final week
in August when the lifting of this limitation permitted
the further building up of stocks in anticipation of the
strike. Spindle activity was at the rate of 76.8 percent of single-shift capacity, compared with 74.3 in
July and 106.7 in August 1933. Daily average raw
cotton consumption was 7 percent in excess of the
July total; the usual seasonal variation is slight.
Conditions in the silk industry have not improved
to any marked extent, although the suspension of
operations incident to the strike probably aided in the
reduction of stocks. The accumulation of stocks had
caused the code authority to order a general curtailment of activity for the period August 24 to September
28, inclusive, but this order was suspended on August
27. The adverse conditions which have prevailed for
some time in the industry continue to be reflected in
the relatively low level of silk consumption. The
August increase in silk deliveries to the mills fell short
of the usual seasonal increase. Cloth shipments, however, rose sharply and cloth production also increased.
The gain in throwing activity was the result of the
sharp increase in the production of silk for knitting.
Production of wool fabrics during August, according
to preliminary data, was at a slower pace than in July.
The output of both broad and narrow looms declined.
Woolen spindle activity, however, was at a higher
rate than in the preceding month. Worsted spindle
activity, which had improved during July, again declined with operations in August on the basis of 26
percent of capacity.
1
87
91
94
90
89
77
77
80
508, 021
477, 046
544, 870
512, 594
519, 299
363. 262
359, 951
430, 949
6,973
6,692
7,706
7,259
7,268
5,241
5,152
5,753
75
102
86
384,937
548, 037
463, 249
Adjusted for seasonal variations.
70
60
Monthly av- Bales of
Percent of active hours Dollars
erage,
133
per
to total
1926 = pounds
pound
100
67.4 46, 454
2.512
53.4 59, 905
1.647
Stocks,
end of
month
Production
93.5
91.3
88.8
86.0
85.5
55, 694
50, 467
51, 037
43, 466
33, 570
99
82
68
63
54
83
69
65
60
46
51
48
41
39
27
87
73
62
64
57
78.9
82.7
84.5
84.4
84.3
42, 852
31, 185
28, 521
34, 822
26,959
34.8
35.5
41.6
46.2
33.6
31.1
34.8
29.1
39.2
106,280
104, 949
99,614
106, 388
107, 128
118, 034
111, 154
108,358
86.5
88.6
89.1
88.2
86.3
86.0
85.1
86.4
35, 968
34, 348
36, 119
29,889
28, 213
26, 213
25, 936
38,210
70
76
75
70
68
71
71
72
52
48
44
39
40
29
31
26
34
39
38
40
41
30
26
24
67
69
66
55
56
54
53
51
84.3
84.3
84.0
82.0
81.0
80.8
80.7
78.9
40, 942
39, 021
44, 080
37, 392
38, 740
33, 069
32, 021
36,347
52.8
64.3
62.3
54.9
37.9
45.8
42.7
32.0
37.0
36.6
35.8
30.0
24.5
24.2
56.0
62.5
59.7
48.6
31.5
40.0
41.5
5,372
7,550
6,506 103,218 i07, 738
53.8
62.3
87.0
27, 694
42, 636
30,613
42
75
72
42
65
39
21
42
34
44
69
59
58.6 44, 490
61.8 ! 43,493
82.0 37,689
86, 517 137,661
99,901
104, 920
131,426
122, 951
114,803
83, 414
75, 833
81,499
1
Printed only.
' Grease equivalent.
Wholesale price,
raw, Japanese,
13-15 (New York)
7,944
7,053
7,256
6,795
5,080
45
26
Spinning
spindles 4
588, 902
499,482
504, 055
475, 247
347, 524
78
57
Narrow
looms
114
99
91
89
78
66
59
Operations, machinery activity
Broad
looms
i
|
Percent of active hours
to total reported
Silk
Deliveries to mills
6,198
5,530
•3
E
W h o l e s a l e price,
woolen and worsted
goods
425, 030
404, 497
Month- Thouly avsands
erage,
of
1926= pounds
100
64.0 51, 140
52.6 41, 361
Looms
Narrow
Thousands of
yards
Spinning
spindles
Worsted
Millions of
spindle
hours
Wool manufactures
Woolen
Kunning
bales
Wool
Consumption 3
Monthly average,
1923-25=
100
99
90
Cotton cloth
finishing
2
Wholesale price,
cotton goods
Cotton and manufactures
Spindle activity,
total
1931: August
1932: August
1933:
August
September
October
November
_
December
1934:
January
February
March
April
May
June
July
August
Monthly average, January
through August:
1932
1933
1934
Cotton,
raw
Mill consumption
Year and month
Production index, adjusted i
TEXTILE STATISTICS
' Twisting spindles.
1
.881
.889
.647
.465
.416
.453
.550
.405
.318
.284
.199
.139
.387
.523
.613
.329
16
SUEVEY OF CUERENT BUSINESS
October 1934
Summary of the Retail Census of 1933
By John Guernsey, in Charge of Retail Distribution, Bureau of the Census
ATA gathered by the Census of American BusiDness,
which is nearing completion, measures the
extent to which retail trade was affected by the depression. While the available monthly indexes had
indicated the precipitous nature of the drop in dollar
volume, these data covered such a small segment of
the retail field that their accuracy was subject to at
least some measure of doubt when used to arrive at
conclusions concerning all retail expenditures. The
census data reveal that the decline in dollar volume
was not exaggerated by the monthly indexes; rather the
actual decline in the total on the basis of preliminary
statistics appears to be somewhat greater than estimates, based on the available current data, indicated.
DOLLAR VOLUME OF SALES OFF BY NEARLY
ONE-HALF IN 1933
Preliminary retail census sales figures show that the
4 years of depression since 1929 took a toll of nearly
one-half of the dollar volume of business done at retail. Final figures so far developed indicate no material change from the preliminary figures.
Also revealed are (1) a 47 percent decrease in fulltime employment; (2) a 43.7 percent decrease in the
total pay roll; (3) no change of consequence in the
%St$'}f
^wi
number of stores, and (4) a marked and continued
upward trend in employment throughout the latter half
of 1933.
Because of the decided pick-up in retail business during the latter half of 1933 and the upward trend in
prices during that period, it is apparent that the total
retail sales for 1933 of $25,700,712,000, representing a
decrease of 47.7 percent from the total sales of $49,114,653,000 shown by the 1929 census, do not register the
full extent of the decline in the purchases of consumer
goods at the low point of the depression. The last half
of the year normally accounts for more than 50 percent
of the annual total of retail sales, and in the latter half
of 1933 the seasonal upturn was further accentuated
by some measure of price increase and an unusual acceleration of purchases. There can be no question
that retail sales during the first half of 1933 were running well below 50 percent of the 1929 pace,
NUMBER OF RETAIL ESTABLISHMENTS ONLY
SLIGHTLY LESS THAN IN 1929
Notwithstanding the great shrinkage in the volume
of sales, there was no material change in the number of
stores in operation. Stores totaled 1,543,158 in 1929
and the preliminary figure for 1933 is 1,520,339, with
TOTAL RETAIL SALES BY STATES, 1933
AND
PER CENT DECREASE SN SALES 1929-1933
A>
A
\' )
\\
MASS
n v \ I V / & 2»
^°6 V*^?U"R ,
r"^fe*2f _$j|§
v
<.y v
(/A'PO? OCW STviTE NAME THE ARRANGEMENT OF DATA IS AS FOLLOWS.
RETAIL SALES IN MILLIONS
PER CENT DECREASE IN SALES
(fijatf an preliminary state reports)
\
j
[^
| UNDER
^ 45 TO S4
54 AND Q¥ER
17
SURVEY OF CURRENT BUSINESS
October 1934
a few more to come. It is apparent, therefore, that
no material decrease in the number of retail establishments has taken place, despite uninformed forecasts to
the contrary. Nevertheless, the more detailed final
reports are revealing that changes of considerable importance have taken place in several kinds of business.
Declines in the number of specialized apparel stores,
automobile dealers, cigar stores, jewelry stores, and in
the furniture household group have been offset by increases in the number of filling stations and in small
businesses that require a minimum of capital—such as
restaurants, garages, coal and wood yards, and secondhand stores. In most States, also, there lias been
either no change in the number of drug stores or an
actual increase. In practically all States, these lastnamed kinds of business and some additional ones,
such as heating and plumbing shops, and general
merchandise stores (including variety and department
stores), have shown the most favorable comparisons
with 1929.
SHIFTS IN DISTRIBUTION TRENDS
State reports b}^ kinds of business are now being
released as rapidly as the tabulations for various
States are completed; at this writing reports for some
36 States are available. United States totals, which
are expected to be completed during October, will
reveal the nature and significance of the changes wrhich
occur under the pressure of a serious depression, or
at least those which have occurred during this particular 4-year period.
One of the interesting shifts which is apparent from
the data now compiled is in the food group. Although
grocer}7" stores, meat markets, and combination stores
when grouped together show substantially the same
ratio of decrease in dollar sales as the food group as
a whole, the specialized grocery stores and specialized
meat markets have experienced a considerably larger
decline, both in number of stores and in the volume of
sales, than the combination grocery-meat stores. In
many States the combination stores show an actual
Table 1.—Summary of Retail Trade, by States, 1929 and 1933
Net sales
Rank according
to volume of
business
Number of stores
Amount (in thousands of
dollars)
State
1929
1933
1929
United States,
. ..
-
Alabama,.
- _
Arizona
Arkansas,,
_ __ _
California
Colorado, ., _ _ _ _ _ _ _
Connecticut _ _ _ _ _
Delaware
District of Columbia _
Florida
Georgia _
_ - _ _
Idaho
Illinois _ _
_
_ _
_ __ __
Chicago (proper)
Indiana
._ _
___ ___ _
Iowa
Kansas
Kentucky
Louisiana _ _
_ Maine
_ ,
,
Maryland
Massachusetts _ , _ _
Michigan
Minnesota
Mississippi
Missouri.
.. _ __ _ , ,
ATontana
Nebraska
Nevada _ _
Now Hampshire,_ _,
New Jersev
New Mexico
New York
New York City ,
North Carolina
North Dakota
- ,_ . ,
Ohio
Oklahoma
- _ _ _ _ _ _ _ _
Oregon
Pennsylvania 2
Rhode Island
South Carolina
South Dakota
Tennessee
Texas
Utah _ _
Vermont.. ..
Virginia
Washington
, . , . .. _ , _
West Virginia
Wisconsin
Wvomine _ . _ ,
1
2
Percent
decrease
1929-33
Percent
of total,
1933
1933
1, 543, 158
1, 520, 339
49,114,653
25, 700, 712
47.7
100.0
21, 442
5,068
17, 937
85, 691
13, 993
22, 202
3, 688
5,931
22, 449
28, 687
4, 916
96, 900
43, 576
41,618
32, 716
25, 605
27, 117
23, 288
11,091
21.082
54, 183
55, 958
30, 725
17, 256
47, 039
6, 951
17, 637
1,310
6,557
60, 010
4, 191
190, 017
103, 036
28, 831
8,077
83, 717
27, 339
14, 570
135, 275
9,542
15, 036
8, 845
23, 384
66, 918
5, 249
5,189
26, 120
22,110
17, 244
39, 474
2, 983
20, 079
4,745
15, 822
89, 107
13,667
21, 738
3,421
6,139
21, 649
26, 699
5, 136
98, 793
44, 578
41, 236
34, 551
26, 653
25, 651
22, 239
11,383
23, 438
51,812
56, 937
33, 947
14, 775
49, 185
6,711
19, 185
1,459
6, 297
63, 935
4, 238
177, 034
97, 597
27, 585
7, 967
85,818
26,313
13, 749
1.15,421
8,417
15, 468
8.538
22, 794
67, 171
5, 090
4, 884
26, 419
22 273
17^124
44, 487
3, 160
527, 101
198, 620
412, 680
3, 210, 8G3
466, 959
768, 510
103, 513
336, 262
504, 523
635, 440
169, 087
3,711,903
2, 127, 520
1, 222, 384
972, 136
744, 586
587, 340
476, 643
307, 628
619, 573
2, 054, 976
2, 226, 398
1, 051, 930
413, 737
1, 448, 220
243, 828
562, 944
50, 401
184, 285
1, 843, 545
119,758
7,070,414
4, 272, 633
653, 419
234, 540
2.834,831
795, 028
455,931
3, 803, 941
318, 295
300, 220
255, 197
643,817
2, 043, 020
196,559
152, 175
600, 929
761.808
447. 877
1,237,442
103, 437
249, 692
76, 147
179, 284
1,816,793
235, 749
426, 183
58, 057
234, 947
288, 227
351, 801
87, 322
1, 727, 407
990, 982
569, 080
479, 223
327, 997
305, 491
263, 542
183, 551
378, 869
1,210,895
1, 069, 872
584,412
140, 869
757, 051
111, 162
275, 463
28, 391
110,480
1,011,279
53, 557
4, 005, 615
2, 403, 601
363, 207
107, 905
1,417,109
343. 495
224, 288
2, 014, 402
185, 173
185, 176
105, 951
330, 862
959, 029
94, 884
77, 844
357, 889
416, 490
244, 163
618,649
55, 788
52.6
61.7
56.6
43.4
49.5
44.6
43. 9
30.1
42.9
44.6
48.4
53.5
53.4
53. 5
50.7
56. 0
48.0
44.7
40.3
38.9
41.1
52.0
44.4
66. 0
47.7
54.4
51.1
43.7
40, 1
45.2
55.3
43.3
43.8
44.4
54.0
50.5
56. 8
50.8
47.1
41.8
38.3
58.4
48.6
53.1
51. 7
48. 9
40.4
45 3
45.4
50.0
46.1
1.0
.3
.7
7.1
.9
1.7
2
1
!Q
1. 1
1.4
.3
6.7
2.2
1.9
1.3
1.2
1.0
.7
1.5
4.7
4.2
2.3
.6
3.0
.4
1.1
.1
.4
3.9
15! 6
1929
1933
Average number of
employees, 1933
Full time Part time Full time Part time
2,691,310
730, 900
2, 669, 243
252, 706
30, 074
7, 328
8, 668
2,467
5, 590
50, 178
6, 602
11, 105
1, 890
4, 448
9, 385
12, 235
2, 664
55, 62 1
28, 569
21,821
16,415
12, 163
9, 923
6, 313
4, 389
12,383
32, 982
29, 789
10, H4
4, 798
23,415
21, 862
7, 526
2,020
912
1,363
20, 497
2,111
4,253
570
1,792
2,435
2,806
821
22, 716
12, 787
6, 703
4,824
4, 123
2,773
1,723
1, 607
4.317
12, 208
9, 725
5,521
1,066
7, 372
1,224
3, 845
315
1 , 040
9, 027
581
31,891
16, 929
3, 193
819
17, 004
3, 053
2, 424
19, 237
1, 627
1, 529
860
2, 632
7, 331
910
668
3,038
4,642
2, 092
8,951
515
26
41
33
4
29
16
47
34
27
21
44
3
28
45
36
3
30
15
46
31
25
20
43
4
12
14
18
24
28
36
2?
7
6
13
32
10
39
13
14
23
24
27
35
17
6
122, 8 41
63, 337
49, 120
34, 41 7
32, 682
37, 069
17, 620
41, 747
132, 120
12
37
10
38
26
49
39
8
48
62, 140
If), 897
89, 746
9. 900
28, 623
2,416
10, 363
95, 269
5, 154
49
43
9
46
1
18,168
175, 118
25, 733
43, 966
5, 716
27, 302
33, 393
42, 137
7, 172
198,434
105,352
22?)! 468
1.4
.4
5.5
1.3
.9
7.S
19
40
5
15
30
'.7
.4
1.3
3. 7
.4
.3
1.4
1.6
1.0
2.4
.2
35
37
38
20
8
42
45
23
17
31
11
48
18
40
5
21
32
2
34
33
41
22
9
42
44
19
16
29
11
47
Total pay roll, 1933
(in thousands of
dollars) 1
39,136
9, 457
1 59, 943
37, 984
22, 261
218, 999
18,852
20, 196
9, 997
37, 832
109, 727
9,810
7, 439
41, 071
37,315
24. S03
60, 679
4, 973
13,814
192, 874
24, 980
48, 474
5, 790
30, 541
29, 446
32, 841
7,106
206, 013
136, 063
56, 558
42, 090
28, 368
27, 683
28, 444
16,997
40,641
142, 820
98, 377
59, 804
12,200
82, 454
10,377
£ 877
736
2, 942
23, 747
1, 452
71,838
34,321
14, 064
2, 457
50, 038
10, 746
6.415
59, 029
4,371
7, 409
3, 076
10, 284
27, 440
1 ,' 982
10,855
12,674
7,124
24, 355
1, 155
24, 057
2, 978
10, 167
110,462
4, 824
440, 954
285, 864
32, 032
8, 443
155, 581
31,298
21,613
209, 507
19, 360
15, 340
8, 494
31, 119
98, 234
9, 352
7, 028
36, 959
38, 465
22, 392
57, 209
5, 235
Does not include compensation of proprietors.
Owing to field conditions over which the Bureau had no control, there is reason to believe that reports from some of the smaller retail stores in Pennsylvania were not
collected. Based upon conditions obtaining in the adjacent States of New York, New Jersey, and Ohio, it would appear that the number of stores in Pennsylvania should
be about 132,400, or nearly 17,000 more than here reported; and that the sales total for the State should be about $2,070,000,000, which is 2% percent more than is here
reported. No adjustment has been made for the apparent underenumeration
86891
18
SURVEY OF CURRENT BUSINESS
increase in number, and a decrease in dollar volume
considerably less than the average for the group.
Combination food stores, which in 1929 were fewer in
number than the strictly grocery store, by 1933 had
become a more important factor in food distribution
than grocery stores and meat markets together.
WIDE DIFFERENCE IN INCIDENCE OF DEPRESSION
IN VARIOUS SECTIONS
The accompanying map shows for each State the
total of retail sales as indicated by the preliminary
figures of the 1933 census, and the percentage of decrease in comparison with 1929. Three shadings have
been used to distinguish between those States showing
less than a 45-percent decrease, those in which the
decrease is between 45 and 54 percent, and the nine
States wherein the loss in dollar volume as compared
with 1929 exceeded 54 percent.
Table 2.—Comparison of Summary Data, 1929 arid 1933
Number of stores
Sales
Employment (average number
throughout year) :
Full-time employees
Part-time employees. _. _.
Proprietors (active)
Ratio of part-timers to total
employees
percent- _
Ratio of active proprietors to
total retail workers (employees and proprietors)
^percent- Payroll total 1
Full-time
Part-time
Average annual earnings per
full-time employee
1
Percent of
change
1929
1933
1, 543, 158
$49,114,653,000
1, 520, 339
$25, 700, 712, 000
-1.5
-47.7
3 833 581
676, 559
1, 510, 607
2 691 310
730, 900
1 , 572, 588
29 8
+8.0
+4.1
15
21
+6.0
25
$5, 189, 669, 000
$5, 028, 282, 000
$161,387,000
31
$2, 921, 949, 000
$2, 669, 243, 000
$252, 706, 000
+6.0
-43.7
-46.9
+56.6
$1,312
$992
-24.4
Does not include compensation of proprietors.
Generally, the most severe recession occurred in the
wheat-growing and cotton-growing States, while most
of the States along the Atlantic seaboard, as well as
Minnesota, Nevada, and California, fared better than
the remainder of the country. New England's showing is partly accounted for by the fact this sectionhat t
had already felt the depression before 1929 and has
been among the first to enjoy some measure of recovery. The District of Columbia, of course, is in a
class by itself in that its source of income is little
dependent upon industrial pay rolls and little influenced
by sudden changes in economic conditions.
FEWER BUSINESS CLASSIFICATIONS IN 1933 CENSUS
The Bureau of the Census emphasizes the fact that
comparisons between the detailed business classifications of the 1929 and 1933 census should be made
with considerable reservation because of variations
caused by changes in the character of business, lack
of full commodity information in 1933, and the unavoidable proportion of clerical errors. However,
every effort is being made to insure that group figures
can be accepted with a high degree of comparability.
To further such comparisons, only 53 business classifications are used in the new census, and the more
than 200 classifications under which the 1929 census
October 1934
data were shown are being consolidated to afford as
dependable comparisons as it is possible to produce.
EMPLOYMENT BELOW 1929 BUT PART-TIME
EMPLOYMENT HIGHER
In table 2 there is shown a summary comparison for
the years 1929 and 1933 of employment and pay rolls
in retail trade. The number of full-time employees
decreased nearly 30 percent, offset to some extent by a
4 percent increase in the number of proprietors actively
engaged in their own stores. In numbers, the decrease
in full-time employees aggregated 1,142,000 arid the increase in the number of active proprietors amounted to
only 62,000. More part-time employees were engaged
in 1933 than in 1929, the average number on an annual
basis having increased from 676,000 to 730,900, or
8 percent. It is evident that, in spite of the replacement of full-time employees by part-time workers and
by proprietors, more than 1,000,000 persons who were
earning an average of $1,312 per year in retail stores
before the depression were thrown out of employment
sometime during the 4-year period. The Bureau of
Labor Statistics monthly index of retail-trade employment shows this decline to have occurred gradually
over this period. The sample data of that Bureau,
however, did not reveal the full extent of the decline
since their index showed a drop of 18 percent, compared
with the census figures for full and part-time employees
combined of about one-fourth.
Table 3.—Employment in Retail Trade, by Months, 1933
[Preliminary figures]
Number of employees
Month
January
February _
.
_- _
March
April
May
__ _
June
July
August _
September
October..
_ _ _ _ _ _ _
November
December
Average f o r year _ _ _ _ _ _ _ _ _ _ _ „
Full-time Part-time
employees employees
2, 495, 333
2, 481, 167
2, 484, 524
2, 556, 195
2, 583, 446
2, 648, 662
2,674,014
2, 721, 674
2, 853, 968
2, 890, 238
2, 904, 238
3, 002, 255
2,691,310
617,069
621, 808
633, 580
710, 248
706, 213
724, 027
714,544
729,614
769, 471
795, 210
816, 039
932, 983
730, 900
Total employees
3,112,402
3, 102, 975
3, 118, 104
3, 266, 443
3, 289, 659
3, 372, 689
3, 388, 558
3,451,288
3, 623, 439
3, 685, 448
3, 720, 277
3, 935, 238
3, 422, 210
The employment in retail stores by months for the
year 1933 is shown in table 3. Especially noteworthy
is the low employment during the first quarter of 1933
and the high employment during the last quarter, as
compared with the average for the year. The substantial gains in retail employment in the latter half of
1933 is perhaps more readily seen from table 4 which
affords a comparison with the 1929 trend, using the
average number of employees for each year as 100.
December showed an improvement over the first
month of the year of 27 percent, and over the April
figure of 21 percent. While normal seasonal influences
were, of course, a factor in this improvement it is of particular interest to note that the rise between April and
December 1929, amounted to 7.2 percent. Consequently, it is evident that real progress in reemployment was
made, entirely aside from seasonal considerations.
SURVEY OF CURRENT BUSINESS
October 1934
AVERAGE EARNINGS PER EMPLOYEE NEARLY
ONE-FOURTH BELOW 1929
Pay rolls show a decrease from 1929 of about 44
percent. It is significant that the full-time pay roll
decreased in almost the same ratio as sales decreased.
Part-time pay roll took up some of the decrease.
Whereas normally the part-time pay roll in retail
stores averages about 3 percent of the total, in 1933
this ratio had increased to more than 8 percent, a
new condition in the retail field.
Table 4.—Monthly Fluctuations of Retail Trade Employment for the United States
[Expressed as percentages of the year's average number of employees]
1929
1933
Month
Average month
January
February
jVIarch
April
_ __
May
June
July
August
September
October
November
December -
._
Full time
Part time
Total full
time and
part time
Percent
100
Percent
100
Percent
100
92.7
92.2
92.3
95.0
96.0
98.4
99.4
101 1
106.0
107.4
107.9
111.6
84.4
85.1
86. 7
97.2
96.6
99. 1
97.8
99 8
105.3
108.8
111.6
127.6
90.9
90.7
91 1
95.4
96.1
98 6
99.0
100 8
105.9
107.7
108 7
115.0
Total full
time and
part time 1
Percent
100
97
98
101
104
1
Employment data for 1929 were shown for 4 months only, as of Apr. 15, July 15,
Oct. 15, and Dec. 15.
Most significant of all the employment data is the
change in average annual earnings per employee.
These decreased from $1,312, for the average full-time
employee in 1929, to $992 last year. The 24.4 percent
reduction is probably a true measure of the change in
wages in the retail field which occurred during the
depression.
THE EFFECT ON PRICE CHANGES ON SALES VOLUME
The decrease in the dollar volume of retail sales
was due in part to the decline in prices and in part to a
decrease in the consumption of goods. It seems to be
reasonably certain, however, that the sales of foods
which in 1929 constituted more than one-fifth of the
total, will show a decrease not far different from the
decrease in food prices. How important price changes
were in reducing the dollar sales for all retail business,
it is impossible to say because of the lack of retail
price data.
19
The American Business Division of the Bureau of
the Census, which compiled the 1933 distribution
census, is now conducting a study of the fragmentary
and inadequate price data available and will attempt
to arrive at some kind of composite of the retail price
change which has occurred since 1929, and, to the
extent that the estimate is accepted, it will be possible
thereby to approximate the measure of actual decrease
in consumption.
Price data which have been reviewed so far are
generally based on small samples, except for the Bureau
of Labor Statistics food index and one large chain's
figures as a measure of food price changes. Access
has also been obtained, through the courtesy of Dr.
Isador Lubin, Commissioner of Labor Statistics, to
the basic data for certain other commodities, the
prices of which have been recorded at intervals of
6 months over a period of many years, including the
period since 1929. Another measure of retail prices
is available in the Fairchild index, and there are one
or two others.
In the field outside of foods, a mass of price data
has been promised by the two largest mail-order
houses, recording the changes in catalog prices, at
seasonal intervals, of each principal item of merchandise sold by those companies continuously since
1929. Weighting will be attempted with the help of a
special compilation now being prepared by one of the
mail-order houses that is contributing these data,
showing the percentage of sales of each such commodity
in relation to the total sales in the department of which
it is an item. Whether definite conclusions may be
drawn from the data which have been promised for
this special study, cannot be foretold at this time.
FINAL REPORTS WILL REVEAL OTHER INTERESTING
DATA
The final census reports are expected to reveal
many changes which have occurred so gradually over
the 4-year period that their effects have not been
noted. The data are sure to have a far-reaching
effect in modifying the methods of distribution to
retailers, and perhaps in making possible substantial
economies in sales promotion and marketing generally.
In addition, the results will be of great assistance to
statisticians and economists interested in the study of
distribution trends and consumer purchasing.
20
SURVEY OF CURRENT BUSINESS
October 1934
IMPORTS BY GRAND DIVISIONS, COUNTRIES, AND COMMODITIES, 1933'
Imports
Total
thous. of doL.
By grand divisions and countries:
Africa
thous. of dol__
Asia and Oceania
thous. of doL.
Japan
thous. of doL.
Europe
thous. of dol_.
France
thous. of doLGermany
thous. of dol_.
Italy
thous. of doL.
United Kingdom
thous. of doL..
North America, northern
thous. of doLCanada
thous. of dol_.
North America, southern,_.thous. of cloL_
Mexico
thous. of dol_ South America
thous. of doL.
Argentina
thous. of doLBrazil
thous. of uoL_
Chile
thous. of dol__
By economic classes:
Crude materials
thous. of dol_.
Foodstuffs, crude
thous. of dol_.
Foodstuffs, manufactured,,.thous. of doL.
Manufactures, semi
thous. of dol
Manufactures, finished
thous. of dol__
By individual items:
Asphalt
thous. of short tons__
Bauxite
long tons
Burlaps and fibers:
Burlaps
thous. of Ib
Fibers
long tons - _
Buttons, total
thous. of gross..
From Philippines
thous. of gross..
Cheese
thous. of Ib
Cocoa
long tons
Coconut or copra oil
thous. of Ib
Coffee
thous. of bags__
Copper, total
short tons__
Ore and blister
short tons
Copra__,
short tons
Cotton
thous. of bales
Cotton cloth
thous. of sq. yd
Fertilizer, total
long tons._
Nitrogenous
long tons_
Nitrate of soda
long tons.
Phosphates
long tons..
Potash
long tons..
Flaxseed
thous. of bu.
Gold
thous. of doL
Hides and skins, total
thous. of ib_
Calf and kip skins
thous. of lb_
Cattle hides
thous. of lb_
Goat skins
thous. of lb_
Sheep and lamb skins
thous. of l b _ .
Iron and steel
long tons..
Iron ore
thous. of long tons
Lead, refined
short tons__
Manganese ore
thous. of long tons..
Newsprint
short tons. Petroleum, crude
thous. of bbL_
Rayon
thous. of lb_.
Rice
pockets (100 lb.)_.
Rubber, crude, incl. latex
long tons..
Shells, total
thous. of lb_.
Mother-of-pearl
thous. of Ib
Silk, raw
thous. of Ib
Silver
thous. of dol
Sugar, raw
long tons__
Tagua nuts
thous. of l b _ _
Tea
thous. of l b _ _
Tin, bars, blocks, etc
long tons__
Tobacco leaf, unmanufactured ;thous. o f l b _ _
Vegetable oils, total
thous. of l b _ _
Wood pulp, chemical
short tons-_
Wood pulp, mechanical (ground wood)
short tons__
Wool, unmanufactured
thous. of lb_.
January
Tolal
96, 008
25, 181
28,136
911
8, 768
8, 187
18, 009
21
2,625
94,213
55, 364
405
5,956
24. 868
368
128, 479
14, 729
2, 641
210,208
178,928
1
Compiled
uoinpiiea by
oy the
me Bureau
Bureau of
01 Foreign
v oreign and
ana Domestic Commerce, U.S. Department of Commerce, and represent the final corrected totals for the year. Although not all
of the statistics have been revised, a complete tabulation of the year's figures is presented herewith for convenience. The export revisions were presented on p. 20 of the
September 1934 issue
NOTE
The following applies to the new series on steel castings shown on page 47. The new series are available
only back to January 1933.
Present series are based on reports submitted to the Bureau of the Census by 164 manufacturers with a monthly capacity of 156,646 tons which is estimated to represent 85
percent or more of the commercial steel casting capacity. Of the estimated capacity, 68,000 tons are usually devoted to railway specialties and 88,646 tons to miscellaneous castings. Capacity is computed on the basis of the best 6 consecutive months' performance since Jan. 1, 1919. The 164 manufacturers produced 9 percent more
tonnage in 1933 than the 128 concerns included in the series published in the Survey. The ratio of output to capacity in the overlapping period 1933 was approximately
the same for both series (14.4 percent for the old series and 14.8 percent in the new series). Revised data for months of 1933 not shown above follow: New orders, total,
January 14,450, February 13,179, March 13,178, April 15,942, May 22,612, June 34,965, and July 31,878; railway specialties, January 3,225, February 2,446, March 2,926, April
4,831, May 3,784, June 7,018, and July 7,754; new orders, total, percent of capacity, January 9.2, February 8.4, March 8.4, April 10.2, May 14.4, June 22.3, and July 20.4; production, total, January 15,378, February 13,802, March 14,896, April 13,492, May 20,751, June 29,455, and'July 31,718; railway specialties", January 2,871, February 2,299, March
3,442, April 2,935, May 3,676, June 4,332, and July 6,501; production, total, percent of capacity, January 9.8, February 8.8, March 9.5, April 8.6, May 13.2, June 18.8, and
July 20.2.
21
SURVEY OF CURRENT BUSINESS
Otober 1934
WEEKLY BUSINESS INDICATORS
[Weekly average, 1923-25 = 100]
1934
1933
11*31
19 32
Sept. (Sept. Sept. Sept.;Sept.,Sept. Sept, Sept. Sept. Sept.
19
22 | 15
24
17 26
8
23 j 16 | 9
ITEM
j
Business activity:
New York Times*#f
72.3 71.8
Business Week*f
58.01 57.8
Commodity prices, wholej
sale:
Dept. of Labor, 1920-100:
Combined index (784) ... 77. 5 77. 5
Farm products (67) _ - - 73. 6! 73. 7
Food (122)
76.7 70. 2
AH others (5J5)
7S 4 7b 5
Fishei's index, 1920=1 >0
80 2 79 Q
Combine'' mckx (120)
V^ncmtural 00)
0; 0)
Nt nipiG-ultuic 1 (jQ)
0) 0;
Copper, eleaiohtict
t 3 S (rt S
Cotton, middhnu, >po*
±7 81 18 2
ConstmcUon (onti v{^ + 1
29 5
D i M i i b u t u n Car ' Mdiii s
07 1| 07
L m p l o \ n ent I K t ' o t l u lor\
70 S
Finance
4 1 7 IS u
I nluieN commtiuil
b( GUI it \ pi ices
Bond ])i ices
101 b 101 .
Mock pnc< ^ f
SO 0 7U 9
|
I
73.5 77.71 78.4 79.8 67.9 66.7 78.4 79.1
57. 7 61. 6| 61.2! 62.6 55.2 54.8 72.3 71.5
j
j
77.8
74.3
77.2
78 5
71.5;
59.3:
65. 9!
70 5
80 2 71
0) 50
0) 70
63 > 03
19 i 30
o2
58 7 08
f
&
4
8
0
)
8
65.4
49.3
62. 1
70.6
65.4
49.2
62.1
70 4
62 4
46 4
64 9
'35
27 2
31 8
00 3 02 1
62.9
46 8
05 i
H
2'» 1
70.51
55.9:
65. li
76 1
69.7
56.0
65. 0
71 8
71 1
50 Oi
70 2
03 0
35 J
28 :
OJ? 8
1
f 1 >
70 9
>0 0
T 9
H rt
6^ I
!
50 0
Finance— Continued.
Banking:
Debits, outside N. Y. C. J_
Federal Reserve reporting member banks :§
Deposits:
Net demand
Time
Loans, total
Interest rates:
Call loans!
Time loans!
-_
Money in circulation
Production:
Automobiles
.. - ~
Bituminous coaU
Electric power!
Lumber _ . _
Petroleum j
Steel ingots*'
_
_ ._
Receipts, primary markets:
Cattle and calves
Hoi?s
Cotton
. . _ _
Wheat
"
68
5^
71
19
23
57
0
8
f
3
2
o
68. 9
55 0
71 9
51 4
23 5
61.
11 7 51 0
42 S 03 f t 67 f 02 7 1 ' ) 0 120 o 118 7 101 7
103 2 < « t l) 97 1 90 7 90 ^ 90. 5 99 1 101 4
81 »s "J 0 <*- 9 ' 0 2 Oo " 02 5 102 2 197 3
I
r
is prelimm n
t "\\eekh
' Computed iio r m d — it 0
I a f e t \^
See wet kh suppi imi t < n Ti^e 1 *^ f c r e ^ p K n tioii
1934
1932
1933
1931
Sept, Sept. Sept. Sept, Sept. Sept. Sept. Sept. Sept, Sept.
22
24
17
19
15
8
23
16
26
ITEM
71.9 64.6 70.9 66.4 56.9 64.7 65.8 57.4 86.7 93.0
129.2 130.2 129.2 103.1 103.5 101.8 91.9 93.0 106.7 108.7
125.2 125.7 126.1 124. 2 123.7 123.9 124.1 123.7 150.8 152.1
69.9 70.4 70.6 78.5 78.8 78.3 85.8 86.1 113.8 114.1
24.2 24.2 24.2 18.2 18.2 18.2 48.5 48.5 36.4 36.4
22.9 22.9 22. 9 16.2 14.4 17.1 34.3 34.3 40.0 34.3
111.8 111.8 111.' 7 115.8 115.8 116.4 116.6 117.2 106.6 105.2
50. 2 56.3 50.0 62.5 63.0 56.5 25.3 30.3 51.4 53.9
67.9 68.1 69. 9 65. 5 70.4 75.7 61.9 60.1 72.8 70.9
97. 9 98. 1 93.9 98.4 99.8 95.0 89.5 88.6 99.6 99.8
35. 8 36.8 31. 5 36.9 36.9 33.8 25.1 24.3 39.2 41.1
117.5 119.4 115.4 119.4 125.0 129. 2 104.6 105. 2 105.3 105. 7
30.3 27.6 26.3 52.6 52.6 55. 3 23.1 19.7 36.8 38.2
172. 6 219. 2 228.0 86.8 84.3 74.0 87.4 87.7 85.6 89.3
50.4 48.7 50.0 58.9 53.2 52.8 58.6 55.2 60.2 57.9
146.2 111.2 75.8 200. 0 149. 2 106.2 176.9 155.0 178.1 139.2
61 5 66.1 55. 4 66.7 76.8 69.7 102.3 127.6 119.0 112.0
l
1928-30 = 100.
1 Daily average.
Temporarily discontinued.
# Index revised.
'933-34 indexes are based on reports from 91 cities; earlier data cover 101 cities.
WEEKLY BUSINESS STATISTICS
ITEM
COMMODITY PRICES, WHOLESALE
Copper, electrolytic, New York
dol per Ib.
Cotton, Middling, spot, New York
dol. per l b _ _
Food index (JSradsf reefs)
dol per Ib
Iron and steel composite!
dol. per t o n - Wheat, No. 2 Hard Winter ( K . C . ) . _ _ . . dol. per biu..
FINANCE'
Banking:
Debits, New York City
mills, of do! Debits, outside New York Citv _
milK of dol
Federal Reserve banks:
Reserve bank credit, totalmills, of doL.,
Bills bought
....
mills, of doL
Bills discounted
mills of dol
U.S. Government securities
mills, of doL.
Federal Reserve reporting member banks: §
Deposits, net demand-mills, of dol__
Deposits, time
,_
mills, of clol..
Investments, total
mills of doi
U.S. Government securities
mills, of d o l _ _
Loans, total
mills of dol
On securities
mills, of doLAll other
mills of dol
Interest rates, call lo^ns
percent
Interest rates, time loans
percent
Exchange rates:
French franc (daily av )
cents
Pound sterling (daily av.)
dollars- .
Failures, commercial
number
Gold and money:
Gold price (daily av.)
dol. per ounce __
Money in circulation
mills of dol
Security markets:
Bond sales (N.Y.S.E.)-..-.thou». of dol. par value. .
Bond prices 40 corporate issues
dollars
Stock sales (N.Y.S.H.)
thous. of sharesStork prices (Ar Y Times)
dol per share
Stock prices (421) (Standard Statistics)
1926 = 100-.
Industrial (351)
1926 — 100
Public utilities (37)
1 920 = 100- _
Railroad (33)
19°6 — 100
PRODUCTION, CONSTRUCTION, AND
DISTRIBUTION
Production:
Automobiles (Cram's estimate) _ number
Bituminous coal (daily av.)
thous. of short tons__
Electric power
__
__. _ mills, of kw-hr__
Petroleum
_
_
thous. of bbl
Steel ingots (Dow, Jones estimate) _.pct. of capacity-Const ruction-contract awards (da av ) thous of dol
Distribution:
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-_
M iscellaneous
cars _ _
Receipts:
Cattle and calves
thousands-.
Hogs
thousands
Cotton into sight
thous. of bales
Wheat at pr'nrry markets
thous. of bu_.
Wool at Boston, total,- _ . _ _ _ thous. of Ib _
1930
Sept. 27
Sept, 22
1 934
Sept. 15
Sei t. b
Sept. 2^
1033
Sept. If)
0. 088
. 130
2.41
32. 13
1.07
0. 088
.131
2.38
32. 14
1.09
0. OS8
. 134
2.40
32.17
1.08
0. 088
.098
1.92
30. 31
.90
0. 087
.096
1.89
30.26
.87
0. 088
.090
1.91
30. 29
.84
0. 060
.074
1.77
28. 96
.49
0. 060 i
.071 *
1. 78
28.91 |
.46
0. 068
.063
2. 15
30.60
.43
0.071
.064
2. 19
30. 61
.45
0.099
.104
2.71
32.70
.77
3, 092
3, 333
2, 584
2, 995
2, 368
2,741
3, 175
3,078
2 641
2, 461
2, 501
4. 215
3, 052
3.211 !
2,662 I
5,231
4,018
5, 261
4,315
6, 157
4,850
2, 466
2, 469
5
23
2,431
2, 467
22
2, 481
24
2,432
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
12,943
4, 478
9, 957
6,631
7, 799
3, 095
4 704
1.00
1.00
13,041
4, 496
9, 923
6, 573
7, 855
3, 162
4 (593
1 . 00
1.00
! 2, 93fi
4, 508
9, 877
6. 538
7,880
3,211
4 669
1.00
1.00
10,519
4,502
8, 032
5, 086
8, 560
3, 703
4, 857
. 75
.71
10, 558
4, 484
7, 984
5,044
8, 596
3, 773
4, 823
.75
.63
10, 380
4, 495
8,024
5,083
8, 538
3,748
4,790
.75
.™
10 385
4, 572
7, 589
4, 689
9,270
3.974
5, 296
2.00
1.50
10 513
4, 555
7,192
4,283
9,303
4,007
5, 296
2.00
1.50
1.50
1. 75
1.50
1.50
2.00
2.96
6. 674
5. 00
182
6. 671
5.01
199
6.684
5. 00
174
6.042
4.79
259
5. 664
4. fil
275
5. 608
4.54
255
3.919
3.47
529
3.917
3.48
515
3. 933
3.99
483
3.920
4.86
426
3.926
4.86
488
35. 00
5, 430
35. 00
5,427
35.00
5,423
31.72
5, 623
29.74
5, 625
29.59
5, 652
20. 67
5, 660
20. 67
5, 690
20. 67
5,176
20. 67
5,108
20.67
4, 469
72. 440
00. 94
3, 223
77. 70
65. fi
74.3
62. 1
34.0
80, 280
91. 21
3, 323
76. 91
65. 7
74. 3
62.9
34.1
69. 990
92. 42
2, 290
79. 44
68. 6
77.6
64. 9
36.4
82, 700
84.64
15. 933
87.45
75. 8
82.8
77.4
46. 9
49, 500
86. 92
11,248
90. 23
78.3
83.9
84.8
50.7
37, 500
86.78
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
1 6, 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
38, 329
1, 157
1,631
2, 448
23
42, 960
1,160
1, 634
2,488
21
4,729
38, 166
1, 191
1,565
2,404
20
47, 649
1.116
1, 639
2,487
40
5, 275
48, 053
1.199
1, 663
2, COS
40
4,606
43, 121
1,289
1, 583
2,692
42
19, 327
1, 054
1, 491
2,179
18
5, 101
23, 116
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
643, 120
125, 676
23, 061
33, 043
164, 040
24, 230
240, 869
645, 986
122, 303
22, 606
37, 765
35 168
163,916
25, 604
238, 624
562, 730
105, 396
19. 424
31,913
35, 834
141,373
23, 255
205, 535
659, 866
127, 538
25, 489
33, 806
21, 702
174, 839
37, 986
238, 506
660, 086
133, 207
25, 637
31,554
20, 070
172, 784
42, 907
233, 927
577, 933
117. 581
22, 562
26, 888
18,812
148, 546
36, 701
206, 843
595, 604
116,847
18, 577
36. 046
23.110
178, 653
5, 599
216, 772
587, 246
110,264
18, 050
35, 890
21, 706
176, 948
6, 558
217, 830
738, 036
133,430
25, 525
36, 978
25, 191
216,811
25, 806
274, 295
742, 614
127, 611
26. 563
40, 190
24, 906
217,912
29, 855
275, 577
950, 663
161,110
42, 159
43, 070
29, 068
244, 759
48, 095
382, 402
532
325
380
4,887
990
675
314
289
5, 260
1,705
702
332
197
4,410
886
267
380
520
5,307
2, 495
260
343
388
6, 109
3,980
228
341
276
5, 546
1, 823
269
378
460
8, 136
2,227
270
356
403
10, 148
17,702
264
389
463
9, 465
841
275
374
362
8, 907
3, 379
308
409
572
11, 512
1, 335
39 901
Sept. 9
.
1932
1931
Sept. 24 Sept. 17 Sept. 26 Sept 19
t Revised series (scrap now included). Revised data back to 1929 will be presented in a subsequent monthly issue.
§ Statistics covered 91 cities since Jan. 10, 1934, and 90 cities before; 1 city was added to the series in order to offset the effect of 1 member bank which ceased reporting
Comparable figures not available prior to 1932.
22
SURVEY OF CURRENT BUSINESS
October 1934
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.
1
Monthly statistics through December 1931, | 1934
ences to the sources of the data, may be found
in the 1932 Annual Supplement to the Survey
1933
Decem- January FebruAugust August Severn- October Novemary
ber
1934
March
April
May
June
July
BUSI]^ESS IND13XES
BUSINESS ACTIVITY ( Annalist)!
71.3
83.5
76.4
72.3
68.4
73.1
Combined index ^
__ normal = 100. .
69.5
76.7
78.9
80.0
80 2
62.4
63.9
Automobile production f
normal = 100. _
50.0
57.2
77.9
59.6
28.6
40.1
71.1
78.5
70. 1
91.3
116.0
101.2
95.4
130.2
130.2
Boot and shoe production
normal = 100..
98.7
93.0
104.2
118.7
115.9
59.6
62.3
59.4
Carloadings, freight
normal = 100. .
60.6
59.0
62.2
65.2
69.0
67.4
64.7
63.9
43.9
51.4
47.5
34.4
46.2
54.4
52. 6
Cement production
normal = 100. _
31.5
33.9
34.8
55.8
82.4
121.3
90.4
89.9
Cotton consumption
- .normal = 100..
97.6
83.8
68.5
90.8
92.0
88.8
89.2
90. 0
Electric power production
normal =100..
94.6
89.3
88.4
96.1
95.3
92.7
90.0
89.5
93.7
93.1
55. 5
72.5
60.6
51.9
56.7
52.6
48.3
51.9
49.5
53. 3
Lumber production
normal = 100. .
54.5
34.8
64.9
45.0
37.2
42.1
54. 5
Pig-iron production
normal=100._
54.7
42.7
50. 9
63. 1
45.8
57. 1
71.8
71.3
49.6
59.2
69.6
Silk consumption
normal = 100. .
71.6
52.0
51.5
60.6
66.6
34.3
59.3
77.7
74.9
62.1
54. 2
41.3
69.8
Steel ingot production f
..normal = 100..
53.7
48.1
54. 9
43.9
77.4
66.8
105.2
102.4
72.6
Wool consumption
..normal = 100.
120.3
73.9
92.3
78.9
75.8
r>2 7
59.6
62 1
70.1
65.7
62 1
59. 1
Zinc production
normal = 100
70.9
60 5
71.7
61 5
INDUSTRIAL PRODUCTION (F.B.B.)
v 74
89
86
88
90
72
69
85
78
77
Total unadjusted
1923-25=100
83
P 73
89
84
89
70
85
89
Manufactures, unadjusted
1923-25=100..
76
67
75
82
67
96
98
66
40
109
60
25
Automobiles'
1923-25=100
19
46
76
62
42
68
53
65
46
40
38
30
Cement
1923-25=100
28
37
100
96
82
88
99
86
96
89
102
87
Food products
1923-25=100
90
87
90
115
132
108
108
70
50
80
88
106
Glass, plate
1923-25 = 100..
38
79
75
84
91
53
65
59
43
66
Iron and steel •
- .1923-25=100
53
106
p 105
110
102
114
107
113
88
81
90
Leather and shoes §
1923-25=100
109
38
39
35
49
34
35
37
29
29
30
28
Lumber
1923-25=100..
' 102
'102
'105
'102
' 102
J> 104
'92
'102
Paper and printing
1923-25—100
'98
'96
153
143
152
153
157
152
142
Petroleum refining.
..1923-25=100..
146
144
138
102
'"78
110
117
115
98
79
Rubber tires and tubes
1923-25=100
73
75
90
108
50
22
20
46
63
28
32
21
Shipbuilding
1923-25-100
36
18
p 76
'96
'108
'99
94
'93
'74
'93
'91
'97
Textiles
1923-25=100 .
130
135
113
118
131
128
116
99
131
Tobacco manufactures
_ .1923-25=100
97
120
87
83
94
93
91
81
88
84
80
85
Minerals, unadjusted
1923-25 = 100
88
P50
76
89
76
61
75
Anthracite
1923-25=100
71
75
67
89
95
62
84
'60
74
60
69
67
72
69
74
Bituminous coal
1923-25=100
78
60
95
117
131
108
Iron ore shipments
1923-25=100
19
65
43
58
35
54
55
66
74
Lead
..1923-25 = 100
68
66
65
128
' 126
136
121
' 125
129
122
' 115
Petroleum, crude
1923-25=100
115
115
'116
43
52
39
28
33
46
37
32
37
Silver
1923-25 = 100
36
39
66
56
72
71
73
75
72
67
70
71
68
Zinc
1923-25=100..
86
73
91
84
84
85
76
72
75
81
Total adjusted
-._ 1923-25 = 100
78
72
86
'82
91
85
76
80
Manufactures, adjusted
1923-25 = 100..
83
70
73
76
78
61
78
°60
45
45
85
Automobiles*
1923-25=100
55
56
30
57
48
50
49
58
55
Cement
1923-25=100
37
35
36
61
39
98
84
106
95
105
Food products
1923-25=100
85
92
96
91
93
86
S3
106
86
98
°130
99
98
70
52
106
Glass, plate
1923-25=100
107
84
38
66
76
80
65
60
47
60
56
63
Iron and steel •
- 1923-25 =100
115
95
102
92
106
116
94
93
92
107
Leather and shoes §
1923-25=100
97
33
38
36
46
36
33
32
34
29
33
Lumber
1923-25=100
30
' 100
' 100
'106
'104
'99
'97
'99
' 100
Paper and printing
1923-25 — 100
' 95
'99
153
143
153
142
152
157
152
145
144
Petroleum refining
1923-25 = 100. .
137
P 79
81
106
111
103
90
97
97
Rubber tires and tubes
1923-25=100..
97
108
100
39
59
41
41
15
20
39
65
Shipbuilding
1923-25 = 100
26
30
p gQ
'89
'94
'114
'99
'91
'89
'91
Textiles
1923-25 = 100
'78
87
'90
128
119
126
123
128
Tobacco manufactures _ .. 1923- 25 =100
115
108
95
123
138
132
89
p 80
100
91
87
81
91
Minerals adjusted
1923-25-100
81
85
88
90
76
109
74
p 50
61
82
73
55
73
89
Anthracite
1923-25=100
68
72
84
p 61
75
65
61
65
67
74
72
Bituminous coal
.
1923-25 = 100
66
40
47
63
23
57
Iron ore shipments
1923-25 = 100
68
66
57
44
57
64
64
64
Lead
. . 1923-25 = 100
36
71
67
56
127
122
P 124
134
125
125
Petroleum, crude
1923-25=100
120
116
120
119
118
44
47
Silver
1923-25 = 100
39
33
29
45
49
28
33
37
36
65
60
77
77
68
Zinc
.
1923-25=100
77
72
67
66
66
64
INDUSTRIAL CONSUMPTION OF
ELECTRICAL ENERGY
Consumption by geographic sections:
110.2
106.2
104.0
Total, United States
1923-25=100
107.7
97.7
102.0
101.8
111.0
96.0
112.0
108.0
116.4
114.4
108.9
Middle Atlantic
1923-25 * 100
113.7
112.0
112.0
104.3
101.8
117.8
0)
110.4
105. 0
New Eneland
...1923-25=1 00. _
108.1
no. 2 101. 1 108. 7 104.2
104.0
95.3
97.8
0)
(1)1
104.1
109.3
94 1
95 5
North Central
1923-25=100
101.5
96.7
103 8
91 3
109 8
111.0
120.0
121.3
106.0
Southern
1923-25=100
114.8
112.0
117.0
113.3
107.5
103.9
120 4
118.4
116.5
Western
1923-25 = 100.
113.3
111.7
112.8
116.9
118.2
121.4
115.3
126.3
0)
Consumption by industries:
110.2
106.2
107.7
104.0
Total, all industries—
1923-25=100.
102.0
101.8
111.0
96.0
97.7
112.0
0)
Automobiles, including parts and acces91.4
90.2
63.7
61.8
52.1
sories
1923-25 = 100
49.3
61.4
95.5
101.0
78.9
0)
Chemicals and allied products
149.7
158.0
1923-25=100..
152.5
159.6
160.0
162.1
162.8
160. 5
161.3
147.5
0)
(1)
107.2
124. 5
Food products
1923-25=100
133.3
137.0
120.3
125 0
107 3
106 0
116 0
117 5
93.2
92.4
101.2
Leather and products
1923-25=100
91.2
89.7
124.3
99.0
(1)
89.3
85.5
104.0
106.5
99.7
Lumber and products
1923-25=100..
100.3
100.6
102.3
112.0
107.7
104.6
97.8
102.9
t Revised series. For earlier data see p. 19 of the October 1933 issue, business activity, Annalist.
\ For 1933 revisions of the combined indexfand automobile and steel ingot production indexes see p. 22 of the August 1934 issue,
o Revised.
' Preliminary.
i Discontinued by Electrical World.
§ Series revised. For earlier data see p 19 of the January 1934 issue. Revisions did not change the combined indexes except for a few months and in
a slight amount.
* Index of automobile and iron and steel production revised for 1933. See p. 22 of the September 1934 jssue for a complete record of, tk.Q reyisions,
i
a 77 2
71.2
« 107. 5
64.9
52.6
68.5
a 95. 8
47.6
64.6
61.7
77.4
63.0
52. 2
a
»72.9
70.9
107. 2
61.9
49.5
77.6
"96. 2
44.8
40.6
58.2
40.8
63. 3
51.4
84
83
93
72
95
79
85
95
32
a 74
73
82
64
100
91
44
154
102
47
p73
144
87
156
81
41
p 72
139
85
52
59
105
51
131
34
53
60
106
57
132
44
55
83
83
82
58
96
77
85
99
31
154
84
38
77
132
87
69
67
54
56
130
45
57
29
P 74
53
102
92
47
98
29
156
83
28
v 77
128
85
63
65
52
53
°128
40
,57
107.2
108.1
98.0
107. 5
117.3
115.0
0)
0)
107. 2
85.7
0)
0)
161.0
126.8
96.0
100.0
0)
0)
0)
0)
0}
('}
('}
0)
these instances bv
SURVEY OF CURRENT BUSINESS
October 19S4
Monthly statistics through December 1931, 1934
together with explanatory footnotes and references to the sources of the data, may be found
in the 1932 Annual Supplement to the Survey August
23
1933
1934
Decem- January FebruOctober NovemAugust September
ber
ary
ber
March
April
May
June
July
BUSINESS INDEXES—Continued
I
INDUSTRIAL CONSUMPTION OF
ELECTRICAL ENERGY— Continued
Consumption by industries— Continued.
Metals group
1923-25=100
Fleetrical apparatus
1923-25 — 100
Metal-working plants...
1923-25 = 100. _
Rolling mills and steel plants
1923-25=100Paper 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-
(i)
(i)
(l)
80 7
108 4
76.4
83 8
115 2
80.6
80 7
111 7
79.0
71 0
107 0
78.0
0)
(i)
(i)
(i)
(i)
88.3
130.0
143 5
80.0
105.1
110.3
89.3
139.5
131 0
83.5
100.4
109.2
83.5
134.2
113 8
83 5
85.8
107.4
93
112
118
122
67
173
74
50
92
101
54
85
100
126
92
76
344
69
69
72
76
49
118
111
109
124
66
167
126
194
92
79
89
59.0
61.5
66.0
49.0
50 0
44 5
C1)
i
75 7
99 4
77.5
76 2
97 1
78.7
89 3
108 2
88.6
90 5
108 1
85.0
96 0
127 7
90.1
102 1
137 1
92.3
98 6
133 0
89.7
75.6
127 4
115 6
86 7
91 5
108.5
77.0
120.0
108 2
89 3
72.2
94.6
77.8
119 8
128 6
91 0
74 3
99.5
88.9
130.3
140 2
107.6
88.7
119.2
87.1
122 5
138 2
85 7
86.4
106.4
92.3
126 8
143 0
80 2
105.3
109.6
95.9
125. 7
143 0
81 3
107.3
100.0
98.0
122.0
136 2
87. 1
100.1
92.2
126
87
102
87
70
115
166
288
106
77
108
105
92
96
82
120
84
119
209
77
56
71
81
85
98
75
113
42
76
112
66
45
65
74
88
94
92
78
28
60
61
71
42
93
60
72
84
68
81
36
47
38
57
43
67
80
100
67
111
24
55
50
71
37
104
66
84
94
72
119
22
47
42
70
29
90
77
97
123
83
120
91
56
42
108
37
102
74
93
127
77
100
253
54
28
60
57
120
124
100
77
444
77
35
87
119
75
56.5
49 5
45 0
66 5
48 5
45 0
60 5
52 5
48 0
48.5
46 5
45 0
50.5
52 0
53' 5
45.5
54.5
56.0
48.0
57 0
60 0
45 0
58 5
64 0
50.0
58 0
59 5
48.5
65.5
77.0
« 54 5
o 71 o
• 87 5
52.5
57.5
48.0
51.0
53.5
53.5
52.5
56.0
54.0
«54.5
05.0
45.5
63.5
47.0
65.0
51.5
63.5
48.0
65.0
50.0
"47.5
(i)
i
o
$
(\\
0)
(1)
(1)
MARKETINGS
Agricultural products *(quantity). 1923-25 =100Animal products
1923-25 =1 00. _
Dairy products
.1923-25=100Livestock
1923-25=100—
Poultry and eg?s
1923-25=100
Wool
°
1923-25 = 100Crops
1923-25 = 100..
Cotton
1923-25=100
Fruits
1923-25=100Grains
1923-25 = 100
Vegetables
1923-25=1 00 ..
Agricultural products, cash income received
from marketings of: *
Crops and livestock:
Unadjusted
.
1924-29 = 100—
Adjusted
.1924-29=100
Crops adjusted
1924-29 =100—
Livestock and products, adjusted
1924-29 = 100Dairy products, adjusted
1924-25=100—
Meat animals, adjusted.. 1924-29= 100Poultry and eggs, adjusted
1924-29 = 100..
92
107
56.0
55. 5
54.5
70.0
48.0
64.5
50.5
66.5
45.5
67.0
43.5
68.5
46.0
66.5
36.0
60.5
45.5
61.5
47.5
53. 0
48.5
46.0
51.5
57. 0
46.0
49.0
53.0
59.0
50.5
52.0
51.0
144
111
121
104
116
96
78
144
142
108
112
126
109
99
81
154
82
80
167
123
167
88
213
103
174
153
109
120
119
110
100
82
153
73
86
163
151
185
104
216
112
215
167
109
117
105
113
99
82
149
73
96
152
177
209
116
224
122
270
171
110
111
102
117
96
84
153
75
105
153
185
215
121
218
124
294
170
121
102
117
94
82
159
71
99
152
192
213
120
213
124
295
162
111
126
103
117
96
83
167
68
107
151
167
199
111
201
129
273
155
111
129
92
117
99
80
162
84
117
157
166
187
102
192
115
252
148
108
126
81
116
99
80
162
71
116
160
167
176
95
188
108
231
142
109
123
81
116
104
81
159
85
111
160
167
166
90
182
98
213
136
108
117
84
116
105
80
150
78
113
159
163
157
88
171
93
198
132
109
« 115
95
115
95
79
143
92
102
159
164
" 148
"• 87
162
97
a Ig2
a 173
262
323
253
341
221
294
151
161
233
256
321
242
346
233
274
148
145
233
248
337
225
340
228
278
148
134
219
P 253
v 349
216
340
236
334
144
125
202
P 248
P 367
220
339
215
291
140
114
205
P 250
v 343
214
348
P 245
f 367
209
347
v 254
v 423
211
347
"266
332
152
85
197
v 260
407
225
347
v 258
* 268
303
135
108
214
v 242
v 360
193
347
*281
296
134
104
198
77 5
77 3
72 0
87.1
62 7
91.9
78 3
77 5
74 1
87.1
62 8
92.1
78 5
77 7
74 3
87.1
63 1
92 2
78 4
77 9
73 5
86.5
63 7
92.4
76
93
77
101
78
64
77
62
76
94
79
108
78
65
72
58
74
94
76
105
77
63
70
56
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
Text iles
1 923-25 =100
Raw materials
1923-25=100
Chemicals and allied prod. .. 1923-25 = 100..
Fooclstuffs
1923-25 = 100
Metals
1923-25 = 100
Textile materials
1923-25 — 100
World stocks— foodstuffs and raw materials:
Total
1923-25 = 100
Coffee— adj. for seasonal
1923-25 = 100
Cotton— adj. 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
112
158
163
168
88
217
105
173
231
p374
238
74
no
*255
P263
297
144
98
192
*260
328
147
83
202
392
218
*366
i>287
304
a 14(J
a U4
« 117
109
116
96
79
141
115
103
161
163
160
85
198
108
221
*387
242
309
142
142
83
215
78
241
78 6
77 g
74 1
85.7
64 2
92 4
78 8
77 3
74 5
85.8
64 6
92.5
79 1
77 0
75 2
86.4
64 7
92 5
74
90
76
105
78
63
69
59
77
94
76
108
89
64
69
57
80
99
77
103
92
66
73
61
COMMODITY PRICES
COST OF LIVING (N.I.C.B.)
Total, all groups
Clothin^
Food
_
Fuel and light
Housing
Sundries
.
1923=100 _
1923 = 100
1923=100 .
1923=100..
1923 = 100
1923=100
79.6
77 2
76.5
86.9
65.4
92.3
76.9
70 0
73.0
84.3
63 2
91.8
77.9
75 6
73.2
85.9
63 6
92 3
78 0
77 7
73 4
87.0
63 2
91 4
77 8
77 8
73 0
87.4
62 8
91 5
77 3
77 4
71 7
87.5
62 8
91 5
FARM PRICES (Dept. of Agri.) §
Total, all groups
1909-14=100
87
72
70
71
68
70
Cotton and cottonseed
1909-14=100
71
107
69
71
76
77
Dairy products *
.
1909-14=100
80
72
76
76
78
78
Fruits and vegetables
1909-14=100
100
120
101
86
81
83
Grains
1909-14=100
107
81
78
68
74
73
Meat animals
1909-14=100
68
62
63
52
63
59
Poultry products * . ._ .1909-14=100
84
67
77
94
95
105
76
Unclassified
1909-14=100..
54
53
56
62
63
l
* Revised.
Discontinued by Electrical World.
* New series. See p. 18 of the March 1933 issue (marketings-quantities), p. 20 of May 1933 issue prices, and
of agricultural products).
§ September figures on old basis not available. New series will be shown in a subsequent issue.
v Preliminary.
70
82
73
92
75
55
82
60
pp. 16-19 of the May 1934 issue cash income for marketings
SURVEY OF CURRENT BUSINESS
1933
Monthly statistics through Decemb>er 1931, 1934
.nd referI
together with explanatory footnotes ai»~
*^»ences to the sources of the data, may be found
Novem- Decem- January
in the 1S32 Annual Supplement to the Survey
ist August 'iSeg]£m' October
ber
ber
October 1934
1934
February
March
April
May
June I
i
July
COMMODITY PRICES—Continued
RETAIL PRICES
Department of Labor indexes:
Coal . _
1913=100-.
Food#
1913=100—
Fairchild's index:*
Combined index..
-Dec. 1930=100..
Apparel:
Infants' wear
Dec. 1930=100Men's
Dec. 1930=100-.
Women's
Dec 19 $0— 100
Home furnishings
Dee 1930= 100
Piece goods
Doc. 1930=100.
WHOLESALE PAiiC&a
Department of Labor index:
Combined index (784)
_,U20-iOO~
Econoniic classes:
Finished products - - ._ --19~<J -10U-~
Raw materials
- - - -. - 192>)=10U—
Semimanufactures
1926= 100.
Farm products
,-..— Iy2o— 100~_
Qrains
- 192u — loO.Livestock and poultry. -- - _ 1926= 100 .
1
i
j
1
162
112
160
107
166
107
167
107
168
107
167
104
87.7
82.5
86.0
87.1
88.0
88.0
88.5
89,5
89.6
94. 0
87 7
90 1
88 5
85. 5
85.4
80.4
85 7
81 7
80 2
91.2
82.9
89 3
83 7
81.8
91.3
85.6
90.5
85.0
82.8
90.5
80.2
90.5
85.9
84.8
90.4
86.2
90.3
85.8
82.8 1
91.0
86.5
89. 5
86.5
84.2
93.2 i
88.4 ;
90.2
87.5 !
85.6
93.6
88.9
91.2
88.7 :
85.9 <
70 i
69.5
70.8 i
71. 2
71.1
70.8 i
1 2. 2
73.6
79 ;
71 0
7J. (j
73.4
oO. 0
71. 7
57 t>
64 b
1)4 ^
05 7
71.1 [
51.0
74. 1
81.3
81 5
90.3
79 4
73. 1
7H 0
57.6
69. 0
05 5
83 8
99.5
40. 9
91 7
96. 1
91.5
S° 5
77.6
76 3
78 ( >
81.2
78 6
08. ?
74. 8
01. 7
72.9
57.0
63.9
40. 7
04 <•*
•
•
1
;
!
;
i
66.8
51.5
76. 1
82.7
82 6
90.8
82 0
72, 7
78 8
56.8
66. 6
70 4
90 4
101. 5
49,6
92 3
98. 9
84.1
85 4
79.3
78 4
80 5
82.1
gO 3
68.5
:
i
75.4
61.8
72.8
55. 7
58. 2
45. 4 1
64 2 '
66 0 •
62. 5
51.0
52. 7
gq ()
98^9
71.2
83 2
81.2
79 g
g9 §
83.
0
89 4
67.0
75. 2
02.4
71.4
56. 6
61.3
41.2
04 3
07 2
61.7
48.2
77. 2
84.9
84 7
91. 2
80 5
73.4
79 2
58.4
07. 8
73 5
93 8
94.6
51.6
88 2
99.0
70.1
79 3
81.0
79 4
82 8
82.7
83 5
68.0
74.8 •
61.9
72.3
55.5
00. 4
88. 0
62 5
65 1
63.0
40.0
77.5
85. 6
85 7
91.2
88 0
73. 7
79.2
59. 0
68.1
73 4
94 0
92.2
51.6
89 2
98. 6
74.9
80 1
81.0
79 3
82 Q
83. 5
83 6
66.6
70.0 1
64.1 i
71.9
58.7
03.7
41.1
64 3
65.0
68.0
48.9
78.3
86.3
86 6
93.9
87 4
74.4
78.8
65.2
68.4
73 1
92 3
90.8
51.1
89 5
98. 5
77.2
7Q g
80.8
78 8
82 9
85.5
83 6
66. 1
77.0
66.0
74.8
61.3
03.2
48.2
06 7
69. 1
71.7
53.3
78. 7 '
86.6
87.2
93.9
87. 3
75.5
78.8
71.5
69.2
72. 4
91 8
89.3
50.3
89 6
98.4
78.0
80 1
81.0
79 2
83 0
87.0
80 3
65.8
70.3
74. 0
74.4
93 5
69 4
34.6
78. 9
65 4
43 2
81.0
74.7
76.9
81.1
91 3
74 8
34 5
82.7
65 1
43 2
82.2
74.7
77.1
84. 8
gs 8
74 7
32 0
84.5
65 3
43 2
82.4
73.7
76.8
88.0
86 0
72 5
30 4
84.4
65 5
43 2
82.5
72.5
76.4
87.9
85 o
71.2
29.6
84.3
65 7
43.2
82.5
72.5
76.5
87.5
86 5
70 6
29.7
84.3
67 5
43 2
83.0
69 6
85 0
70 0
86 2
68 5
85 1
68 2
84 6
68 4
86. 1
39.7
45. 0
63.4
35.3
17.1
26.3
36.9
63.2
89 0
42.8
41.5
45.0
63.3
35 7
17.0
26.4
39.9
77.1 ;
92 8 i
46.3 i
37.6
44.5
57. 5
35 7
17.9
23.0
33.7
72.8
95 3
34.8
39.3
44.5
57.0 1
36 8
20.3
20.5
30.4
73.7
105 6
43.4
39.3
46.5
57.0
37. 5
20.8
19.8
30.2
75.2
105 2
41.6
()^ h
b 0
')]
J
;
Dairy products
ly26=loi*
(< 1 ')
Fruits and vegetables
192b=iuO—
b'J 4
Meats
. . _
11^6=100
7s *
Of her products
... .. — .1920— loO.. i
Building materials...1920-^00.
91 3
Brick and tile
11)20 ~ 100
W b
Cement. .. .1^2d = loO6i S
LULQ ber
3 920 — 1 00
Chemicals and drugs ..
192b=iOO
7J. J
Chemicals
1920 — 100
Drugs and pharmaceuticals-192')=100-cl 8
Fertilizer materials
1926 = 100.
71 o
Fuel and lighting
1920 - JoO
Electricity
1 ( ;''0~-JOO
Gas
.... --..
1926=100
rj.G
Petroleum products
. .19^=100.
•v* ^
Hides and leather
19°0— 100
<7. 9
Boots and shoes..
1926=100
Hides and skins
1926 = 100—
71.3
Leather
19^6 ~ 109
rsi. S
House furnishing goods
i9'?'j=l00
7<i ^
Furniture
1 ^ "'O — 100
M.(
Furnishings
19'^i— 10'}
b')
7
Metals and metal products. ,-1926= if )
>)() 6
Iron and steel
19 M — 1( 0
f»Y
',
Metals, non ferrous
1926=109
Plumbing and heating equip75.
0
ment
__ . 1926=100
1Q. Textile products
1926=100.
79. •>
Clothing
192(i=lOd
N> i
Cotton goods
1926 — 100
.".'J -i
Knit goods
1920=100
.1 i
Silk and rayon
_
1920 ~ i u f )
7 * 'J
Woolens and worsted ._
1928—100
^U J
Miscellaneous
1926 — 100
44.7
Auto tires and tubes
1920—100
82.4
Paper and pulp
1926=100. j
Other wholesale price indexes:
73.4
Bradstreet's (96)
1926=100 i
89.7
Dun's (300)
_ --1926=100
World prices, foodstuffs and raw materials:* !
50.4
Combined index-..,
1923-25 = 100.
56.8
Coffee
1923-25=100- "i
i
03. 5
Copper
1923-25 = ] 00.
49.3
Cotton
i9?3-25— 100 "!
!
36. 2
Rubber....
1923-25 = 100.
15.8
Silk
..1923-25 = 100. 1
43.
4
Sugar
1923-25 = 100.
67. 5
Tea
.
1923-25
= 100.
9 9
103.
3
T''n
]9 3- 5~-100
59. 4
Wheat
1923-25=100.
Wholesale prices, actual. (See under respective commodities.)
PURCHASING POWER OF THE
DOLLAR *
Wholesale prices
.1923-25 = 100. ! 131.8
Retail food prices,
.
. — 1923-25 = 100. 134, 0
Farin prices
1923-25 = 100.. "' 158. 7
Cost of living
10°3~95 --= 100 ~- ; 127.9
!
S J
C,
4: 9
!
!
<
i
i
i
i
i
i
83. 9
84 6
91. 2
84 2
72. 7
78 6
50. 8
67. 6
73 6
02 3
100! s
i
I
1
:
i
1
!
i
!
j
I
!
i
!
i
167
105
168
108
168 i
109 !
164
107 i
156
108
157
109
159
110
89.4
88.6
88.2
87.9
93.9
87.9 i
Ql 4
88 2
85.5
93.9
88. 1
91 0
88.4
85.5
93.8
87 7
90.8
88.1
85.5
93.9
88. 3
90 4
88.2
84.8
73.7
73.3
73.7 i
76.4
74.8
77.2
65.9 !
74.3
01.3
02.3 !;
49.5
67 3 '
68 9 i
71.6 i
56.5 i
78.5 !
86. 4 !
88.5 ;
93.9
86.4
75.7 ,
79.0
71.9 i
69.5 '
71.4
88. 5 !
89.4 |
48.7 !;
88.7
77 1
65 1
73.9
59.6
58.8
49.2
06 2
06 5
67.9
57 3
78.6
80.7
90 7
89.7
87 2
75.5
78 6
72.2
68.7
71 7
88 3
78.2
67.3
78 2
08.3
73. 4 ;
79.7
81.4
79.8
83.2
87.1
80.3
66.3
49.4
88 9
98.5
76. 7
78 4
81.6
79 9
83 5
87.9
87 3
68.0
77 8 i
65 1
73.7 :i
59.0
03 9
47.8
67 1
07 1
68.2
60 0
78.9
87.3
91 2
89.4
85 9
75.4
78 G
72.8
66.4
72.5
88 9
94.0
50.7
87 9
98.5
73.5
70 3
82.0
80 1
84. 1
89.1
90 2
68.1
(«! 3
72.4
48.3
09 8
73.0
70. 1
02. 2
78.2
87.8
91.1
93.9
86.3
75.6
78.0
73.1
07.9
72.8
90.0
97.5
50.0
87.1
98.4
70.1
75.3
82.0
79. 0
85.1
87.7
88.0
08.5
04. 5
74.8
48.8
70 C.
74 8
08. 2
03. 4
78.4
87.0
91.3
93.9
85. 3
75.4
78.5
73.0
07.0
73.9
92.4
99.2
51. 3
80.3
98.0
00. 0
75.1
81.0
78. 5
72.7
70.9
87.2
88.6
67.0
31.0
84.3
68.5
43. 5
82.7
72.7
76.5
87.2
89.1
65.6
29.4
84. 0
69. 3
44.6
82.7
75.2
75.3
85.7
88.2
64.2
28. 4
82.0
69.5
44.6
83.6
75.0
73.6
82.7
80.3
65.3
26.5
81.0
69.8
44.6
83.7
75.1
72. 7
82. G
80.0
02.8
25.0
80.8
70.2
44.0
83.5
75. 0
71. 5
81.9
85. 1
59. 5
24.5
80.7
09.9
44.0
82.4
69 7
87 2
71.7
87.5
71.0
86.6
70.9
85.5
70.7
86.9
71.5
88.0
72.1
89.0
41.2
50.4
57.0
41.5
21.8
20.3
29.9
78.4
103 2
44.1
43.2
57.3
56.3
45.2
24.5
21.7
33.2
78.2
102. 7
42.1
42.4
57.8
56.3
45.2
25.8
19.6
27.7
76.3
106.9
42.6
40.9
55.9
59.1
43.8
28.3
18.4
19.5
76.8
110.6
43.2
40.3
55.9
59. 9
41.9
31.0
17.9
19.5
74.3
106.5
42.4
43.0
55.9
02. 1
45.2
31.0
10.8
32.9
09.0
101.9
42.7
47.0
53. 9
03. 5
47.4
34.2
15.9
41.0
00. 4
103.3
48.4
139.5
142. 5
197.2
131 4
136.8
138.3
181.5
130 0
136. 6
138.1
181.5
129.7
137.4
139.5
186.6
129.9
136.6
138.5
186.6
129.5
135.0
137.4
179.2
129.2
134. G
136. 2
172.4
128. 7
98.5 ;
go 2
84. 8
SO. S
86.7
68.8
i
144.9
140.4
191.6
139 5
142.2 I
140.1 i1
197.2
130 7 '
141. 4
139. 7
197. 2
130 5
CONSTRUCTION
141.8 I
140.4
194.6
130 9
142. 2
141.1
202.8
131 8
AND REAL
ESTATE
CONSTRUCTION CONTRACTS
AWARDED
Contracts awarded, F.R.B.:
30
32 |]
33
Total, unadjusted
1923-25=100..
40!
42
29
25 i
30 !
35
46
12
13
12 j
10 ;
Residential ... _
1923-25 = 109
10 I
10
12
11
« 12
12 |
12
26
33 !
44 |
58
49
]
Total, adjusted...
1923-25 = 100
27
24
30
!
37
48
a
12
11
i
12 i
11
Residential
1923-25 -100..
12 !
12 i
12
13
13
11 !
12 i
a
Revised.
* New series. For earlier data on the following subjects refer to indicated pages of the monthly issues as follows: Fairchild's Index, p. 19, December 1932; World Prices,
p. 20, September 1932; Purchasing Power of the Dollar, p. 18, August 1933.
# The data on retail prices of food until Aug. 15 were reported as of the 15th of each month. From then on the prices have been reported every 2 weeks, The monthly
figures here given subsequent to August 1933 represent the figure nearest to the 15th of the month.
October 1934
SURVEY OF
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
1934
August
25
CURRENT BUSINESS
1933
August
1934
Septem- October Novem- Decem- January
ber
ber
ber
i
[
|yyU"
March
Apr il
May
| June
July
CONSTRUCTION AND REAL ESTATE—Continued
|
CONSTRUCTION CONTRACTS
AW AEDED— Continued
F. W. Dodge Corporation (37 States):
Total, all types:
Projects
number
Valuation
thous. of dol._
Nonresidontial buildings:!
Projects
number-Floor space
thous. of sq ft .
Valuationthous. of doL.
Public utilities:*
Projects
number
Valuation
thous. of dol__
Public works:#
Projects
number. _
Valuation
. thous. of dol
Residential buildings:
Projects
._
.number
Floor space
.
thous, of sq. f t _ .
Valuation
thous, of doL.
E ngin eering constructio u :^
Total contracts awarded (E.N.R.)
thous. of dol—
HIGHWAY CONSTRUCTION
Concrete pavement contract awards:
Total
.thous. of sq. yd..
Roads only
thous. of sq. yd..
Highways:
Approved for construction (N.I.R.A.):*
Mileage
. __
number
Public works funds allotted. .thous. of dol..
Under construction (N.IM.A.):*
Estimate^ total cost
thous. of doL.
Public works funds allotted -thous. of doL.
Federal aid funds allotted___thous of doL.
Mileage
.number..
CONSTRUCTION COSTS
Building costs—all types (American
Appraisal
Co )*
1913 — 100
Building costs— all types C4.0.C.)--1913=100__
Building costs— all types (E.N.R.) §_1913 = 100._
Building ons is—-factory (Aberthaw) 1914 = 100
7,625 i 8, 186
120, 269 i 105,989
7, 594
120, 134
|
8,114
131, 225
6,232
7.677
7,476
145, 367 | 162,341 207, 210
7,729
186, 464
5, 507
98, 716
7,927
178, 346
3,189
5, 185
50, 040
3, 419
5, 470
57, 616
2,256
4,271
29, 015
2, 959
7,673
57, 329
3. 141 • 3, 210
7,991
8,093
38, 737
52, 797
3,061
7, 147
43, 142
353
322 j
34, 043
10, 596
185
6,443
245
21, 003
193 !
12, 372 !
205
5, 599
232
13, 069
199
7,901
1,051
31 166
9, 153
134, 439
8,368
7 182
127, 116 * 119,663
3,134
8,996
51,071
2,777
6,337
32, 708
2,302
6,470
37, 836
2,387
8,330
31,117
2,072
5,053
27, 645
206
8,651
157
19, 395
173
3,425
210
6,995
215
6,938
1, 087
41, 906
1,251
32, 003
1, 591
57, 324
1,718
85, 729
1,445
104, 141
2, 446
99 227
2, 222
103, 141
1,101
46, 739
1,761
71,937
1,184
57, 535
1, 537
51, 202
1,344
44, 340
3, 198
5,030
18, 641
4,001
6, 369
21, 884
3, 528
6,296
21, 549
3, 161
6. 868
21, 526
2,500
6S 433
23, 616
1,720
5,890
23, 900
1,730
3, 943
15,110
1.965
3, 634
14, 520
2,962
8, 046
28, 076
3, 590
5, 985
22, 6SG
4,201
6, 159
24, 840
3 731 '•
3 027
7, 504 i
4, 795
26, 565 ! « 19, 845
109, 115
74, 063
108, 677
141, 622
147, 446
102, 563
101, 581
79( 261
122, 204
101, 192
116, 743
109, 993
118,000
2, 858
1,557
5, 650
5,300
5, 764
4,826
7,970
6,409
5,542
4,171
5,918
4,107
3, 921
2,131
3,586
2,356
3,353
2,143
2, 459
1,463
3, 752
2,200
2,628
1,572
2,949
2,093
1,614
15, 598
4,648
72, 778
5,147
74, 731
4.748
78, 619
5, 607
93, 439
4,491
80, 795
4.333
80, 456
4,267
77, 283
3,279
62,216
2,405
43, 297
1,718
31, 149
1, 225
22, 481
231, 554
211,512
7, 608 ;
10, 220
34, 962
32. 893
1,063
2,305
92, 215
85, 989
?., 177
5,910
134, 491
124, 652
5, 071
8,813
159, 575
147, 264
5, 561
10, 504
197, 088
180, 944
7, 042
12, 084
216,291
198, 759
7, 574
12, 827
239, 974
221, 169
7, 955
13, 062
269, 229
248, 942
8,435
14, 111
288, 460
267, 371
8, 914
14,311
283, 506
263, 042
8,634
13, 674
267, 509
246, 394
8,421
12, 524
150
165
167.0
151
166
175. 5
173
151
166
187. 7
152
167
190.1
153
168
192.1
175
153
168
191.3
154
169
194.0
156
172
194.0
176
157
180
195. 9
158
180
199. 6
177
182
199.7
23, 627
20, 448
21, 465
22, 454
27, 626
28, 003
31, 443
31,312
22, 029
25, 271
20, 006
19, 484
59, 806
47 4
66, 329
42 2
73, 110
45 8
80, 699
54. 1
88, 442
53.8
92, 497
5L5
94, 040
46.3
93, 125
46.3
88, 922
45.2
86, 842
45 7
86, 248
47.9
85, 723
3,104
309
26
22
80
1, 022
37
829
12
0
13
202
33
0
2,495
188
0
27
68
921
36
688
12
0
5
188
34
0
185
198. 4 !
"
MISCELLANEOUS DATA
Construction— employment and wages:
Emp'oyment, Ohio. (S^e Employment.)
"Wages, road building. (See Employment.)
Fire losses, United States
thous. of doL_ 19, 613
Ship construction. (See Trans. Equipment.)
Real estate:
Home Loan Bank, leans outstanding *
thous, of doL. 85, 519
Market activity
each month 1920-100
Now financing. (See Finance.)
158 ;
180
199.6 i
0
2,905
8 275
60, 751
DOMESTIC TRADE
ADVERTISING
Radio broadcasting:
Cost of facilities, total
thous. of dol_.
Automolive
_._thous. of dol..
Building materials
thous. of dol._
Clothing and dry goods.
thous. of dol._
Confectionery
thous of dol__
Drugs and toilet goods
thous. of dol_.
Financial
thous. of dol..
Foods
thous. of dol._
House furnishings
thous. of dol .
M achi nery
thous . of doL _
Paints and hardware
thous. of dol_.
Petroleum products
.. ..thous. of dol_.
Kiulios
thous of dol
Shoes and leather goods
thous. of dol._
Soaps and housekeepers' supplies
thous. of doL.
Spcrting Foods
_ __thous. of dol _
Stationery and publishers thous. of doL_
Tobacco manufactures
thous. of dol__
Miscellaneous
thous. of dol__
Magazine advertising:
Cost, total
_ thous. of doL .
Automotive
thous of dol
Building materials
thous. of dol_Clothing and dry goods
thous. of dol._
Confectionery
thous. of dol__
Drugs and toilet goods
tlious. of dol...
Financial..
thous. of dol..
2,249
178
0
19
34
787
36
719
6
0
7
189
39
6
1,907
234
0
5
39
357
"59
«566
38
0
7
"268
46
0
2,103
209
6
24
80
499
95
655
0
0
15
243
60
0
3, 256
261
30
46
188
910
64
1, 080
11
0
19
311
58
3,697
289
17
43
168
1,048
61
1,091
54
15
11
258
54
0
3,793
268
15
18
162
1,196
65
997
55
12
20
259
47
0
3,585
338
4
30
142
1,089
57
945
36
3
21
245
39
0
3,998
348
0
36
119
1,222
64
1,061
78
0
22
267
45
0
3,740
338
o
3, 466
273
26
43
177
978
60
1,132
12
9
19
307
58
0
40
109
1,168
63
999
46
0
24
241
45
0
3,728
371
32
30
78
1,168
56
974
50
0
20
243
36
0
112
0
23
38
54
«75
0
0
187
27
92
0
0
113
10
92
0
2
134
47
95
0
24
185
69
115
0
23
381
67
145
0
13
437
84
142
0
13
392
89
190
0
18
416
112
100
0
31
328
114
216
0
35
310
110
178
0
48
187
107
141
0
27
93
65
7,291
5,825
791
97
78
178
1, 385
167
« 6, 324
9,148
935
227
357
300
1,969
226
9, 403
739
213
304
295
2,335
240
8, 319
574
173
245
302
2,056
196
6,283
48.6
97
178
100
1,332
179
8,209
1, 138
139
187
86
1, 894
192
9,232
932
183
298
142
2, 193
220
11, 693
1, 543
293
413
168
2,431
250
11, 5S6
1, 665
267
393
165
2, 170
266
10, 822
1,639
191
326
178
2,119
241
9,200
1,386
171
281
178
1,884
222
997
131
113
226
1, 698
195
760
M18
» 390
« 138
« 1, 434
153
« Revised.
* New series. For earlier data on building costs, American Appraisal Co., refer to p. 20 of the August 1933 issue. N.I.R.A. highway work started in September 1933.
First Home Loan Ba.uk data were issued for December 1932.
t Revised series. For revision? of construction contracts awarded on nonrcsidential buildings for years 1930, 1931, and 1932, refer to p. 20 of the September 1933 issue.
# These series represent a break-down of the combined total shown in the Survey previous to September 1933. For earlier data see p. 20 of the September 1933 issue.
•I Months of August and November 1933, March. May, and August 1934 include 5 weaks; other months include 4 weeks.
§ Index as of Sept. 1, 1934, 200.6.
86891—34
4
26
SURVEY OF CURRENT BUSINESS
1
Monthly statistics through December 1931, 1934 1
together with explanatory footnotes and refer- " "
'"
ences to the sources of the data, may be found
in the 1932 Annual Supplement to the Survey August 1 August
October 1934
1933
" " "
Se
1934
~
P£m- j October
N
" "
™f-
D
^
m
r "
i January; ^I^I11"
March
April
May
June
July
DOMESTIC TRADE—Continued
!
ADVERTISING— Continued
Magazine advertising—Continued.
Cost, total — Continued.
Foods
thous. of dol—
G arden
thous. of dol . .
House furnishings
thous. of dol. _
jewelry and silverware
thous. of dol—
Machinery
thous. of dol. _
Office equipment
thous. of dol—
Faints and hardware
thous. of dol. .
Petroleum products
thous. of dol..
Radios
— -t.hous, of dol—
Schools
thous. of dolShoes and leather goods
thous. of dol..
Soaps and housekeepers' supplies
thous. of dol—
Hportin 0 " ""oods
thous. of do!
Stationery and books
thous. of dol —
Tobacco manufactures
thous of dol
Travel "ind amusement
tho'^s of dol
Miscellaneous
thous. of dol—
Lineage, total t
thous. of linesNewspaper advertising:
Lineage, total (22 cities)
thous. of lines. _
Lineage, total (52 cities)
thous. of linos..
Classified
thous. of linesDisplay
thous. of lines..
Automotive
thous . of li nes - .
Financial
thous, of lines..
General
thous. of linosRetail
thous. of lines..
i
1, 330
8
183
36
41
70
24
248
64
143
39
1,016 i!
5
1.28 !
25 1
24 >•
13
2
320
101
135
13
a
1, 685
15
663
127
25
76
117
202
103
116
140
1,958
7
594
160
29
70
82
168
273
105
134
1, 777
8
367
176
29
83
32
190
238
84
108
1, 173
50
229
119
23
110
17
107
235
124
54
1, 7S5
76
348
34
32
1,916
59
535
33
I
119
615
81
582
453
202
399
1, 870
1,899
371
102
325
370
291
224
1, 791
336
93
166
421
283
312
1, 375
66, 357
99, 823
16, 199
83, 024
5, Sc'tf
1, 500
18, 769
67,791
63, 962
96, 716
15, 548
81,188 ;
3, 986
1,506
12,275 !
63,451 j
55, 462
82, 455
15,045
67, 409
5, 931
4il7')4
J 1\ 2S7
75, 331
5, 403
1. 259
16.337
52, 326
70, 271
105, 970
19, 467
86, 503
4, 683
1, 497
20, 071
60, 252
62.7
63. 5
64.2
65.2
2, 392
3,839
2,304
2,384
1, 153
10
°269
"34
14 !
18
a
52
225
85
143
58
43S
438
179
127
461
2 til '
433
204 <
l.lbl
1, 534
5?, 710
86, 333
IS, 158
to HI
»7, o93
17, 790
69, 902
f>, 514
1,219
} 3, 7GV)
48, 401
6, 7 r'7
1, 1, r2
«l<00 j
1,407 ;
62, 327
46
1,711 i
61 !
1,039 1
190 ;
65
110
39
91
91
145
115
101
62
1,909
75
867
109
40
110
163
258
108
113
198
583
55
161
439
284
319
1,765
578
72
187
449
343
414
2, 013
717
114
198
523
459
574
2,469
CO
45
102
2Q3
228
100
128
i
;
i
i
:
;
213
;
711
184
349
425
521
652
2, 501
'.
!
j
i
!
I
1,568
41
780
236
39
99
135
303
85
133
222
643
223
137
486
418
580
2,271
:
1,607
31
351
.86
!
;
!
81
88
288
98
132
105
!
i
;
!
i
i
i
:
!
6.51
223
117
454
257
472
1,853
13^977
45, 343
80, 788
13, 661
67, 126
4, 358
1, 643
15, 745
44, 381
103, 648
16, 577
87, 071
6, 179
2, 010
10, 384
59, 498
107,491
17, 80S
89, 683
8, 180
1, 808
20, 183
59,512
67.4
67.6
67.2
67.4
65.9
66.0
« 70. 1
65. 8
2, 525
2,864
2, 106
2,507
2,393
2,320
2,185
2, 048
3,611
34, 551
3, 419
31, 743
3, 822
36, 183
3, 519
34, 225
3, 553
34, 097
3, 452
33, 896
3, 270
32, 670
11, 282
89, 761
2,030
10,056
79, 192
2, 006
11, 999
10, 476
94, 176 i 85, 219
3,047 {
2, 118
11,257
89, 684
2,219
10, 953
88, 088
2,422
9, 784
83, 727
2,043
112, 122 ! 103, 646
17,932
18. 689
94, 190 , 84, 957
9, 290
9,503
1, 4SI
1,528
21 \ 798
19.531
61,616
54, 395
j
83, 183
16, 475
66, 709
7,078
1, 718
15, 279
42, 636
GOODS IN WAREHOUSES
Space occupied, public merchandising warehouses
percent of total—
NEW INCORPORATIONS
Business incorporations (4 States) ...number.. i
2, 013
POSTAL BUSINESS
Airmail weight dispatched
pounds—
690, 177 643, 621 665, 458 631, 748 657,203
Money orders:
Domestic, issued (50 cities):
3, 338
4, 013
8.078
3, 250 i
Number
- thousands
3, 286
3, 057
Value
— thous. of dol— ! 32,795 30, 894 30, 959 33, 146 32, 232 i 35,487
Domestic, paid (50 cities) :
9, 598
11, 106
Number
- - - - - thousands . i 10, 253
11, 173 I 12, 118
9,426
Value
thous. of dol— j 88, 045 87, 281 87, 571 102, 877 98, 630 ! 98, 551
2. 072
1, 998
2, 279 ; 5, 110
Foreign issued — value
thous. of dol
2, 619
Receipts, postal:
50 selected cities
thous. of doL.
50 industrial cities
thous. of dol—
i
RETAIL TRADE
Automobiles:*
New passenger car sales:
84. 6
"73.9
22.8
45.7 i
68. 4
87. 9
42.7
33.0
17.3
58. 3
51.2
78. 1
Unadjusted
1929-31 = 100 •
63.6
a
63.5
67.0
30. 5
52.0
53.5
53.0
33.5
54.5 1
Adjusted
1929-31 = 100.. |
52.0
64.5 1
59.0
55. 5
56.5
i
Chain store sales:
Chain Store Age index:*
Combined index (19 companies)!
av same month 1929-31 — 100
84
89
84
83
88
85
85
88
86
85
i
Apparel index (3 companies) t
91
88
av. same month 1929-31 = 10097
91
88
93
88
84
90
100 i
103 !
98
Grocery (6 companies)
j
80
80
av same month 1929-31 — 100
81
79
80
83
79
81 |
78 i
78
Five-and-ten (variety) stores:*
86.3
86.9
70.2
79.7
Unadjusted
1929-31 = 10079.6 1
76.7
86.8
153.7
87.2 ;
82.5 i
82.5
73.0
90.0
90.8
89.5
86.7
85.6
94.2 I
Adjusted
1929-31-100
90.0 i
86.4
85.5
83.3
87.5 |
94.8 i
87.2 ;
90.0
H. L. Green Co., Inc.:*
2,287
1,840
1, 782
2, 082
1, 974
1,994
2,106
4, 071
1,619
1,525
2,377 :
1,903 !
Sales
thous. of dol.
2, 218
131
135
132
132
131
S tores operated
nurnber. !
132 1
133
135
134
133 1
133 I
135
132
S. S. Kresge Co.:
11,523
9,472
9, 921
10, 848
10, 635
10, 465
19, 732
12, 321
10, 146 1 11,680
Sales
- thous. of dol i 10, 252
8,825
8,797
724
724
720
721
721
Stores operated _
number. |
721
722
726 |
719 720
723
724 i
723
S. H. Kress & Co.:
5,757
5,336
5,771
5, 586 1 11, 441
5,107
5, 406
5,083
6,331
5,732
Sales
thous. of dol ! 5, 574 1 >,417
6,
096
227
229
227
231.
230
230
Stores operated
number _ i
230 I
230
231
231
230 !
230 !
230
McCrory Stores Corp.:
;
2, 820
2, 365
2,867
2,837
5, 664
2, 492 ! 2, 497 1 3,257
Sales
thous. of dol ! 2, 419 I 2, 619
2,800
2,582 !
2, 745
202
200
195 !|
209
209
209
Stores operated
.number. i
210
204
204 1
209
205
204
225
i
G. C. Murphy Co.:
2,466
2,076
1,912
1,994
1, 976 1 3, 591
1,555
1, 584
Sales
thous. of dol. ' 2,118 1 1, 803
2,246
2,060 1
2, 367
181
181 ]
179
181
179
180
180
179
Stores operated
number _
180
180
180 !
181
179
F. W. Woolworth Co.:
22, 000 1
19, 515
20, 795 S 20,357
21, 642
22, 035
20, 996
18, 137 ! 17, 860
Sales
- thous. of dol
36, 996
24, 035
19, 788 1 22, 005
1, 949
1, 949
1,942 | 1, 936
1, 942
Stores operated .
...number. i 1,951 | 1, 936 1, 937
1, 937 | 1, 937
1, 940
1, 944 ;
1, 946
Grocery chains:
A. & P. Tea Co.:
i
("")
Sales value total
thous of dol .
(*) f 76,005 60, 661 63, 856 77, 63 1 64, 479 59, 923 ; 64,272 81,292 62,464
p 15, 201
15, 165
15, 964
16, 120
15,5^0
14, 981 ! 16, 068
Weekly average
thous of dol
16, 258
15, 616
(2)
Sales, tonnage, total (estimated) ... tons., i (22 ) 1 458, 606 357, 638 376, 069 460, 525 ] 386, 947 ! 356,514 I 377,782 ! 477,825 364,467 i
9
Weeklv average
..-.
.tons..
( ) 1 91,721 89, 410 94, 017 92. 105 . 96, 737 i 89.129 94. 448 i 95,565 91.117 i
(2)
2
« Kevised.
Discontinued.
* New series. For description of Chain Store Age indexes see p. 19 of the December 1932 issue. Comparable data of II. L. Green Co., Inc., sales prior to July 1933 not
available. For earlier data on automobiles see p. 19 of the April 1934 issue and variety store sales p. 18 of the March 1934 issue.
t Revised series.t^For revisions refer to the indicated pages of the monthly issues as follows: Magazine advertising, p. 20, October 1933, combined sales index end apparel
sales index of Chain Store Age, p. 26, October 1933,
!
27
SURVEY OF CURRENT BUSINESS
October 1934
Monthly statistics through December 1931, 1934
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
October
August September
1934
Novem- Decem- January
ber
ber
February
April
March
May
' June i July
DOMESTIC TRADE— Continued
RETAIL TRADE— Continued
\
Restaurant chains (3 companies) :
Sales
thous. of dol..;l
Stores operated
number
Other chains:
W. T. Grant & Co.:
Sales.
thous. of doL.
Stores operated
number
J. C. Penney Co.:
Sales
thous. of dol..
Stores operated
number
Department stores:
Sales, total value., adjusted
1923-25=100..
Rales, total value, unadjusted_.1923-25=100_.
Atlanta
1923-25- 100
B oston
1 923- 25 = 1 00
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=] 0(5
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 doL.
Montgomery Ward & Co... thous. of doL.
Sears, Roebuck & Co
thous, of doL.
3, 298
376
3,218
375
3, 444
375
3,141
375
'"' 374
3,472
374
3, 146
373
3, 678
373
3, 541
372
3,475
373
3, 308
372
3, 265
372
6, 752
454
6, 423
454
7,113
454
6, 900
456
12, 451
457
4, P33
'457
4, 550
457
C, 774
457
5, 950
457
7, 180
457
7, 361
458
5,743
458
16,119 « 14, 212
1, 467
1,477
16,288
1,471
18, 643
1, 468
19,216
1, 468
25, 824
1, 467
12, 444
1, 466
11, 745
1, 466
16, 497
1, 467
3 ', 405
17,086
1,467
16, 797
1, 485
13, 967
1,465
70
73
67
70
77
75
64
67
68
70
78
60
79
63
73
73
94
70
72
09
121
117
114
114
103
120
113
93
14U
105
147
lGf!
71
59
64
46
61
51
61
54
43
58
43
82
71
80
78
79
74
67
81
67
57
SO
65
61
60
61
56
61
50
66
57
76
65
75
71
74
69
61
75
67
54
89
66
87
70
69
69
65
12.2
12.7
9.8
9.3
7.0
4.2
61
64
62
64
73
70
77
70
78
69
62
65
59
66
44, 134 « 40, OCO
18, 915 « 15, 360
24, 670
25, 219
43, 219
1C, 600
26, 619
53, 550
23,017
30. 533
52, 037
20, 742
31,295
61,971
25, 022
36, 949
•36, 705
14, 734
21, 971
6, 295
458 !
79
60
69
54
69
61
61
64
56
61
Si73
i
76
70
66
SI
58
61
60
56
46
63
49
(53
o'J
75
73
85
69
92
71
82
67
69
75
74
74
70
71
70
73
69
67
63
58
80
65
90
62
67
9.4
6,6
6.5
7.5
6.1
7.6
63
66
67
65
68
65
68
66
63
65
"59
64
36, 016
15, 422
20, 594
43. 592
18,312
25, 280
46, 037
20,872
25, 165
51,072
20, 935
30, 137
46, 330
19, 266
27.C64
37. 387
15,891
21, 496
52
59
73
74
73
ii i
s
I
51
45
50
« 48
41
a 49
a
41
59
43
62
EMPLOYMENT CONDITIONS AND WAGES
EMPLOYMENT
Factory, unadjusted CB.i.S.)*— 1923-25=100..
Chemicals and products
..1923-25=100..
Chemicals
1923-25—100
Druggists' preparations
.1923-25=100..
Paints and varnishes
__ 1923-25 =100-.
Petroleum re^nino
1923-25—100
Rayon and products
1923-25=100..
Food and products
1923-25-100
Baking
1923-25—100
Beverages
1023-25 — 100
Slaughtering, meat packing- 11&23~25-=100._
Iron and steel and products
923-25 -=- 1 00. .
Blast furnaces and steel works.!923-25= 100__
Structural and metal work.. _1923-25=100_.
Tin cans, etc
1923-25=100
Leather and products...
1923 2*1 = 100..
Boots and shoes
1923-2 >= ICO
Leather
192>25-100
Lumber and prodncts
1923-25 — 100
J' ur n i ture
1 923-25 — 1 00
Millwork
...1923-25 = 100.
Sawmills
. 1923-25 = 100
Turpentine and rosin.. ...jy23 25— 100__
Machinery
- 1923-25=100
Agricultural implements ... 1923-25 = 100..
Electrical machinery, etc
1GL* -?5=OOO__
Foundry and muchino shop preM'ct"
r>
79. 4
106. 9
110.9
81.0
98.2
113.4
304.2
122. 1
115.8
185.8
112.4
68.6
69.7
59.0
99.1
91.1
91.9
88.4
49.0
62 9
36.2
33.9
98.3
78. 6
66.8
05. 3
69. 0
Radios and phone graphs .. . ;3-25=100
Metals, nonferrous
l'«2i-V5
= l°0__
~73.' 5
Aluminum manufacture^
j ) 2j- '" — 100..
69. 1
Brass, brouzp, oon •"'i i^'-i...!*^ " =100__
87. 1
Stfimnod end eLirru-l ^are NCo-25- 1 KJ
Paper ind prmtica
li/. ^-..5 -100
93.8
Paper and pulp
1 9/^-25— iOO ' 104.8
Railroad repair shops
19^-2^ = 100..
Electric railroad
1023-2C — 100
66.0
54.4
Steam railroad
_
192V23— 100
Rubber products
1923-25=100
80.7
Rubber tires and tubes
1923-25= i«ft__
73.9
Stone, clay, and glass products 1923-25 =1CO__
53.1
Brick, tile, and terra cotta.._1923-2r.=-1CO_.
31.8
Cement
1923-25=100..
55. 0
Glass
1923-25=100
87.6
Textiles and products
1923~?5-100
88.2
Fabrics..
1923-25 = 100..
85. 6
Wearing apparel
1923-25=100..
90.1
Tobacco manufactures
.. 1923-25=100
65.1
Transportation equipment. . . . 1 923-25 = 100. . 83.3
Automobiles... __
1923-25=300
92.5
Cars, electric and steam
-.1923-25 = 100..
48.1
Shipbuilding..
_.
1923-25 = 100
71.2
Factory adjusted (F.R.B.) *
1923-25=100..
Chemicals and products
1923-25=100..
Chemicals
1923-25=100..
Druggists' preparations
1923-25=100...
Paints and varnishes
1923-25=100..
Petroleum refmin**
1923-25—100
Rayon and products
._ 1923-25 = 100
a
Revised.
* New series. For earlier data see p. 20 of t> ie
July ?934, factory employment.
79.2
110.9
114.9
100.6
100. 9
111.3
304.2
76.4
99. 1
96.8
88. 7
93.5
98.9
316. 1
105. 4
102. 7
162. 7
94.2
68.4
69.8
49.3
89. 8
92.9
93.2
92.2
50.4
68.7
39.8
33.6
89.4
64.5
43.5
55.0
I"i0 *
158. 7
69. 2
80. 3
76. 2
So' 3
SS 7
97. 6
54, 2
64. 7
53. 3
86.6
78. 0
52.8
35. 6
53.1
77.8
97.8
99.3
90.3
62.2
61.6
68.7
29.4
57.5
76.4
103. 0
100.3
90.5
97! 1
316. 1
80.0
106.0
101.2
95.1
94.1
104.9
330.3
120.9
108.9
161.1
102.2
71.4
71.8
53.9
92.3
90.7
90.3
92.5
54.3
77.2
39.9
35.6
97. 6
69.8
48.2
58.4
79.6
109. 1
103.2
99.8
94.0
108.8
331.3
115.9
110.1
150.6
101.5
69.8
70.2
54.6
85.0
88.9
88.3
91.4
55.2
78.5
38.7
36.2
103.9
73,0
52.4
60.6
76.2
108.4
104.0
101.9
91.1
110.0
332. 0
104.8
109.1
136.3
98.9
67.9
67.9
53.3
83.9
79.1
77.0
87.8
52. 3
72.4
37.2
34.7
101. 1
73.3
£6.1
60.3
74.4
107.6
103.5
103.0
90.1
111.2
322.0
99.2
107.7
140.5
98.0
66.6
67.0
52. 7
86. 4
78.7
75. 8
90.8
49. 8
65. 9
36.3
33.3
107.7
71.8
61.2
59. 4
73.3
107.9
104.8
101.9
93.9
110.3
319. 4
94.1
306.4
140. 5
96.5
63.5
65.0
51.6
79.1
82.9
80. 8
91.4
45.6
60.0
33.3
30.7
97.8
70. 0
65.8
57.8
77.7
110.6
104.8
102.4
97.6
110. 6
325. 2
93.9
108.4
141.5
95. 5
66.6
67.3
52.8
79. 6
90. 3
89.6
93. 6
47.1
62.4
36. 1
31.3
98.6
72.9
75.6
f/J. 2
80. 8
82. 3
112.8
H3.3
107.7 110.8
103. 1
100. 6
98. 4
102. 6
110. 2
107. 8
321.9
319.0
96. 2
97. 2
110.3 111.2
147.7
156.6
92. 8
92. 4
70.0 1
72.6
70.1 i
72.9
53.9 i
56.0
85. 4
88. 2
92. 7
92. 3
92. 2
92. 2
95. 1 :
93. 2
48. 5
49. 4
63. 0 i
GO. 8
37.6 I
39.4
32. 6
34. 3
101.4
101.2
76.8 !
80.3
75.9 i
87.2
01. 8
63. 7
82.4
106.1
111.2
97.7
107.4
109.5
267.7
99.6
113.2
169. 1
96.7
75.2
76.8
58.5
91.2
91.4
91.3
92.1
51.0
61.3
40.4
36.1
102. 4
81.3
83.0
65.4
81.0
104.5
111.7
96.9
106.1
111.4
273.8
105.1
114.6
183.0
101.4
76.4
79.1
59.7
96.7
87.7
86. 8
91.5
50.0
62.4
37.9
35. 1
98. 6
80. 8
6f'! 2
78.6
105. 3
112.3
93.8
« 101.2
111.7
296.8
110.1
116.3
188.9
103.5
70.3
72.4
59. 0
99. 6
89.4
89.0
91.5
48. 8
62. 0
37.0
33.8
97. 3
78. 6
69. 3
65. 1
62.4
195. 9
74.3
84. 5
78.3
92.4
92 7
103. 1
55. 1
65. 1
54. 3
83. 8
70. 3
62.5
248. 3
72.6
81.7
74.8
79 8
94.2
102. 2
54.8
66.6
53.9
S6.7
72.5
50. 3
29.2
41.2
82.2
92.9
93. 5
87.7
60.0
53. 5
56.6
28.5
63. 5
61.4
219. 4
69. 8
80.9
72. 1
7« 9
94. 5
68.3 1
187. 6 :
79.8
93. 1
102. 5
53.4
65.8
52. 5
84.6
74.6
49.8
25.6
41.0
89.5
96.8
96. 4
93.4
62. 1
84.7
97.4
38. 5
66.0
87. 5
83.7
104. 4
69. 5
205. 0
73. 2
08. 9
75. 0
90. 3
ice! o
66.3
54. 7
87. 1
78.1
52. 1
26.9
42.4
93. 9
100. 0
98.4
99. 4
64. 4
93. 4
10S.4
•10. 8
69.3
Go. 3
57. 2
90. 0
82.1
55. 3
30.5
48.0
95. 9
99. i
98.8
100. 0
64. 7
99. 1
114.9
43. 9
71.7
73. 6
20L2
77. o
78. 1
81.2
95.6
95.9
107.2
59.6
66. 7
59.1
89.1
82.7
57.7
33.1
57. 6
95.1
96.1
94.9
94.7
61.3
99.4
114.4
48.5
73.1
7J». J.
200. 0
75. 9
76. 0
78. 2
93. 0
53.5
66.7
52.5
83.9
71.8
49.0
27,1
36.6
82.9
88.0
89.7
80,4
62.1
61.1
06. 1
31.8
67.3
61.2
181.7
67.3
78.0
70.9
72.7
92.4
100.3
52. 8
65. 9
51.8
82.0
71.5
47.3
24,7
35.6
83. 8
88.2
89.4
81.4
54.5
71.2
80. 3
31.6
64.4
64.1
177. 5
70.9
79. 6
104! 8
58. 3
66. 3
57. 7
83.9
77.4
318
48.0
80. 4
98.2
97.6
95. 6
61.7
64.3
71.6
28.5
64.2
63. 6
238. 2
75. 6
83.2
77.5
93 3
94.5
104. 1
55.0
65. 8
54.1
88.7
74.7
51.6
31.8
41.4
81.1
97.7
96.7
95.8
64. 6
59.1
64.2
27.9
66.1
78.0
105. 5
101.7
93.1
95.2
103. 0
330. 3
77.8
106.9
102. 1
95.4
93. 7
109.0
331.3
75.9
106. 6
101. 9
98.4
91.8
111.1
332. 0
75.0
106.6
101. 4
101.4
91.6
112.6
322.0
75.1
107.7
103.4
99.7
96.1
112.4
319.4
78.4
109. 6
103. 1
101. 4
97.7
112.1
325.2
81.0 1 82.2
110.0 | 109.4
106.5
110. I
100.9 1 102.4
97.7
102.2
111.3
107.8
321.9
319.0
82.4
107.9
113. 1
101. 3
103. 6
109.7
267.7
81.4
108. 9
113.9
101.4
102. 2
110.4
273. 8
101! i
78! i :
!
!
i
I
i
!
i
!
i
i
71.6
200.2
ry. i
In. 0
95.1
10>5. 8
59. 8
66.7
59.3
85. 6
81.7
57.1
34.4
59.1
93.6
90.9
89.9
89.3
62.4
95.1
106. 8
53.9
76.6
a
3L7
58.4
89. 1
85.9
87.0
79.8
01. 1
87.8
98.4
51.3
69.2
79.4
109. 6
115. 1
99.0
« 101.4
109.3
296. 8
a
Decem ber 1932 h sue, depa rtment si ore sales, Philadeli)hia. and pp.16 to 20, inclusive, of Ju ne 1934, a ad pp. 16 and 19 of
28
SURVEY OF CURRENT BUSINESS
Monthly statistics through December 1931, i 1934
together with explanatory footnotes and refer- j
ences to the sources of the data, may be found
in the 1932 Annual Supplement to the Survey
October 1934
1934
1933
.
j Novem- Decem- January Febru- li ._,
August ! SeptemMarch
ary
ber
ber j October 1
ber
April
May
July
June
EMPLOYMENT CONDITIONS AND WAGES—Continued
EMPLOYMENT— Continued
Factorv adjusted— Continued.
110.8
97.4
103.2
Food and products
1923-25=100..
115.4
102. 4
107.0
Baking
1923-25=100 _
114.7
103. 2
96. 1
Slaughtering, meat" packing- 1923-25= 100_.
68.8
68. 7
70.9
Iron and steel and products.... 1923-25 =100 70. 3
70. 4
71.9
Blast furnaces and steel works 1923-25= 100—
57. 6
48. 1
52. 4
Structural and rnetal work___1923-25=100._
83.8
92. 4
87.1
Tin cans, etc
1923-25= 100__
89.7
87.3
87. 9
Leather and products
1923-25=100..
87. 5
88.8
86.0
Boots and shoes
1923-25=100..
89. 7
93.6 |
92.4
Leather
1923-25 = 100.
49.8 !
48. 4
52. 9
Lumber and products
1923-25=100
68. 6 :
62. 8
74.8
Furniture
1923-25=100..
39.2 i
39.5
Mill work
1923-25=100..
33.0
32.7
34. 5 !
Sawmills
1923-25 = 100
64.2
78. 1
67.9
Machinery
- 1923-25 = 100_
45. 9
70. 5
51.4
Agrieul tural implements
1923-25= 100. _
55.0
58.4
65.
3
Electrical machinery, etc
1923-25= 100__
Foundry and machine-shop p r o d u c t s
68.
9
59.3
62.2
1923-25=100..
144. 3
197.7
146. 7
Kartios and phonographs
1923-25=100..
70.4
75. 0
74.8
Metals, nonferrous
1923-25=100
73.3
76.8
79.2
Brass, bronze, copper prod... 1923-25 = 100...
91.3
89. 1
93. 9
Stamped and enamel ware— 1923-25 =100. _
89.9
95.0
93.0
Paper and printing
1923-25=100
97.6
104. 8
103. 1
Paper and pulp
1923-25 = 100..
54.0
54.8
Railroad repair shops
1923-25=100..
64.7
GO. 0
65.1
Electric railroads
1923-25 = 100
54. 2
53. 1
54.0
Steam railroads
1923-25=100 _
82 0
87, 9
89.4
Rubber products
1923-25= 100..
73.8
77. 9
77.7
Rubber tires and tubes
1923-25 = 100..
52.0
51. 4
51.0
Stone, clav, and glass products. 1923-25 = 100—
32.9
29. 4
32.9
Brick, tile, and terra cotta.._1923-25=100__
49.9
45.2
51.6
Cement
_
1923-25= 100..
89. 1
79.1
78.6
Glass
1923-25=100101.2
91. 3
Textiles and products
1923-25=100
98.1
89.0
103. 1
98.4
Fabrics
1923-25= 100..
92.4
92.4
93.4
Wearing apparel
1923-25= 100..
62.4
65.4
^obacco manufactures
1923-25—100
60.0
61.7
83.3
65. 5
Transportation equipment
1923-25= 100—
68.6
92.3
Automobiles
1923-25 = 100 .
72.7
28.0
45. 8
27.9
Cars, electric, and steam
1923-25=100—
75.
3
60.8
68.4
Shipbuilding
1923-25=100..
Factory, by cities and States:
Cities:
80. 1
a 75. 5
Baltimore*
1929-31 = 100..
79.1
67.9
64.0
65.3
Chicago*
1925-27=100..
79.6
75.5
75.2
Cleveland*
1923-25=100.
70. 2
64.7
59.6
Detroit
1923-25=10076.6
81. 0
79.2
Milwaukee *
1925-27=100..
63.4
71.8
New York
. . .1925-27 =100..
69.0
72.9
77.6
78.3
Philadelphia f
1923-25= 100..
75.7
Pittsburgh*
1923-25=100.
77.4
79.4
States:
94.2
92. 6
98.1
Delaware t
1923-25=100..
67.9
Illinois
1925-27=100..
69.7
95.3
10S. 5
99.3
Iowa
1923=100..
73.2
75.1
68.3
M assachusetts * t
1925-27 = 100—
«83.8
Marvland *
1929-31 = 100.
86. 2
88.3
8? 3
74.9
79.5
New Jersey t
- - 1923-25 = 100—
65.7
New York
1925-27=100
70.4
69.6
Ohio
1926=100 .
87. 7
81.9
83.7
73. 2
76.3
Pennsylvania t
1923-25 = 100_.
76. 2
77.5
Wisconsin
1925-27 = 100..
82.4
79.7
Nonmanufacturing (Dept. of Labor}:
Mining:
Anthracite
1929 — 100
47.7
49.5
56.8
Bituminous coal - - - - . 1929=100..
68.6
77. 1
71.8
MeiPlliferous
.1929=100
36.8
38.9
Petroleum, crude production. .. 1929= 100. .
60.8
66.2
82. 7
Quarrying and nonmetallic
1929=100..
51.6
52.6 !
54. 7
Public utilities:
Electric railroads
1929—100
72.8
69.5
69.7
Power and light
1929=100
78.1
80.3
85. 6
Telephone and telegraph. _. ..1929=100 _
68.1
68.3
71.0
Trade:
Retail
1929 = 100..
86.0 i
81. 8
78.1
Wholesale
1929=100
82.1
79. 7
84. 3
Miscellaneous:
Banks, brokerage houses, etc.*t-1929=100._
99.0
98.3
(3)
Dyeing and cleaning * f
1929=100
78. ft
78.8
81.9
Hotels
1929—100
77.1
78.7
86. 2
Laundries * f
1929=100.,
82.6
83.7
81.1
Miscellaneous data:
Construction employment, Ohio.-1926=100._
27. 1
29. 1
28.3
Farm employees, hired, average per farm
number-.94
.88
1.05
Federal and State highway employment,
total *
number.. 531,031 329,813 337, 973
Construction *
...number.. 350, 764 171,576 177,413
Maintenance *
number.. 180,270 158, 237 160, 560
Federal civilian employees:
United States *
number
707, 546 592, 490 602, 465
Washington
number.. 91, 065
67, 715 69, 740
Railroad employees, class I
thousands..
1,031
I, 053
1,047
101. 7
107.7
93.9
67.6
68.1
53.1
89.8
82.4
80.6
90.4
49.9
63. 8
36.9
34.0
72.1
61.4
59.4
104. 0
108.7
93.7
64.9
65.5
53. 0 !
84.5 !
83.6
82.1
89.8
47.2 !
62.2
34.3
32.1
71.8
63.6
57.8 i
62.8
215.1
69.2
72.6
79.1
93.0
101. 1
53.6
66.7
52.6
84.3
74.3
50.0
28.6
38.6
83.2
87.3
88.2
81.7
61.9
65.6
71.8
34.6
67.3
62.1
215.8 1
69.4 i
71.3 1
75.1
91. 7 i
100. 3
53.6 !
65.9 !
52.6 !
83.4 !
73.7 i
52.0 i
28.1
40.1
91.1
88.1
88.5
83.1
58. 4
72.1
81.1
35.4
62.5
104. 6
108.4
100. 7
69.4
70.7
53.4
85. 2
86.7
85.6
91.4
53.1
72.2
38.4
35.6
70.8
55. 0
60.6
102.3
107.4
97.9
68.1
68.7
53. 2
87.7
80.9
79.4
87.2
50.9
67.3
37.2
34.4
72.3
57.9
60.3
64.1
168. 0
74.8
78.4
93.2
94.2
104. 1
54.7
65. 8
53.8
89.4
77.3
49.7
31.1
39.8
76.9
96.1
95.8
92.7
61.9
63.9
69.8
29.1
70.7
63.7
203. 2
71.7
75. 6
79.9
93.0
102. 2
55.0
66.6
54. 1
87.0
75.1
50. 0
29. 3
40.9
81.2
92.1
91.8
88.7
63.1
60.5
65.3
31.6
66.1
80.9
65.6
71.9
37.3
79.1
70.0
81.4
75.2
76.8
63.0
74.6
41.6
76.7
67.8
79.3
74.7
74.1
60.9
74.1
61.7
77.1
67.4 I
76.8
73.4
72.1
60.8 !
78.5
83.2
76.7
66.9
73.3
70.0
95.1
68.9
101.9
76.5
90.1
80.5
69.6
83.2
76.8
80.0
94.2
66.2
98.8
72.9
85.5
80.5
67.4
80.5
75.3
78.3
92.7
65.4
99.8
69. 1 !
81.2
79.8
66.2
80. 1
72.5
76.5
89.0
64.0
98.4
68.5
79.0
77.4
65.8
79.4
69.5
75.7
56.9 I
68.0
40.7
70.6
53.2
61.0
74.8
40.6
72.2
51.1
54.5
75.4
40.6 i
75.0
45.3
70.6
82.2
68.7
71.0
82, 6
68.9
89.6 i
83.5
91.8
83.4
99.4
81.6 i
77.0
81.3 1
99.6
78.1
75.8
78.4
28.1
29.1
.86
.73
i
104.3
110.8
93.9
66.4
66.6
54. 3
83.2
88.4
87.8
91.2
48.4
63.0
36.6
32.7
74.0
71.1
59.2
107.8
112.6
95.1
69. 1
68.6
55.2
88. 1
90. 5
90. 0
92.9
49.8
64.1
38.1
33.7
78.4
70.9
61.8
104.0 |
113.0 !
95.4
71.5 !
71.4
56. 7
87 8 '
93. 0
93.1 i
93.0
50.0
63.0 !
39.2 i
34.5 !
81. 5
82.3 i
63.7 i
106.4
113.2
97. 9
74.3
75.7 '
T8. 9
90.3
94. 0
94.2
93 4
51.3
64. 5
63.8
216.4
70.1
71.3
78.9
92.9
102. 5
54.2
65.8
53.3
85. 1
75. 4
52.7
29.4
46.1
91.8
95.1
94. 8
91.3
62.6
82.6
94.6
41.4
62.8
70.4 i
253. 7
76.0
i
i
!
i
67.4
250. 8
73.7
76.0
84.3
93. 4
104. 4
55. 8
66.3
55. 0
89. 0
79.7
53.1
29. 2
45.3
93.1
97.3
96.5
94. 9
64.9
89. 6
103. 7
41.1
65.7
9L4
95.5
106. 8
57.4
66. 8
56. 8
90.4
80.7
54. 7
30. 3
48.2
94.4
97. 8
96.1
97.3
65.7
93.8
108.8
40.6
67.3
72.4
239.4
7^.2
80.7
94 3
P'15
107. 2
59.2
66.7
58.7
87.5
78.9
56.2
31.3
5u. 9
93.4
96.0
94.8
94.8 '
61.6
91.0 '
104. 1
44.2
70.9
76.1 i
63.2 !
83.6 !
99.1
75.8
71.4
76.1
73.4
79.6
64.2
84.5
107.7
80.6
74.7
78.4
87.9
84.6
65.1
88. 5
112. 7
81.6
74.7
78.8
77.6
84.5
66.9
87.5 !
100. 5 '
86. 2
73.3
77. 6
80.2
81. 9
67.7
86.7
83. 1
85.1
70. 5
77. 4
81.5
i
!
i
95.8
69.1
105. 5
74.1
86.7
80.1 I
72.2 1
89.6 i
76.1
79.3
96.1
70.4
108. 9
74.8
90.3
79.9
73.2
91. 9
77.1
79.0
95.5
72.1
ill. 0
73.5
89.4
81.6
72.1
93.8
77.0
84.1
97. 9
72.7
111.7
69.3
87. 6
82.2
71.0
93.3
77.3
84.1
64.1
75.8
39.6
73 2
39^7
63.2 i
76.1
40.3 i!
72.4
38.8 i
67.5
77.8
39.8
72. 8
42.0 !
58. 2
72. 2
41.7
74.0
48.7
63. 8
76.7
40.8
76.7
54.3
76. 7
41.0
80. 0
56.6
53. f
77. f
39. {
81. f
55. f
70.8
81.8
69.4
70.5
82. 2
70.2
71.0 i
81.2 i
69.8 \
71.7
81.7 !
70.0
72. 2
82.4
70. 2
72. 6
83.1
70.2
73.2
84.0
70.4
73. 1
85. (
71. C
105.4
83.3
84.6
82.4
83.8 !
83.0
87.2 •
83.6
88. 2
83.9
88.8
84.6
88. 2
84.1
83 ;
99.3
70.5
77.6 |
78.4
99.2
68.1
81.5
78.5
99.4
68.1
84.8
78.4
!
(3)
72.4 !
86.4 i
79.2
(379) Q
86^7
80.5
(3)
84.3
85.7
82.1
(3)
84.9
86. 2
84.0
(3)
SO. f
27.3
23.6
21.0 I
20.2
24.5
31.7
38.0
.64
.73
.67 !
.80
.80
.92
1.02
•8"
306, 090 ! 296,265 345,278
179, 125 164. 038 209, 167
126, 965 132, 227 136, 111
466, 504
299, 133
167, 371
545,013
374, 056
170, 957
.-.-A?*
680, 026
83, 850
1, 033
694, 968
85, 939
1, 061
6?6, 977
C7, I1"*
a
1, C71
7":. 0"f
384, 029 j 420,069 362, 031 315, 989
212, 727 i 249,239 i 221, 168 179, 499
171,302 170, 830 140, 863 136, 490
613, 242
71, 054
1,042
624, 118
73, 131
1,014
627, 713
75, 450
982
627, 155
78, 045
982
93.4
66.0
101.6
73.0
83.8
78.9
69.6
85.4
73.7
77.2
647, 759
79, 913
992
:
i
1
1
I
i
!
!
659, 503
81, 569
1,016
O'j
107.3
] 13. 4
^Ol.'-J
76 3
7J 3
5'». 4
(_ ;> t.
91.4
90. '.'
V o
ft
« 106. 7
1 11. 0
104. 1
71. i
73 4
57. S
';,". 8
*• ' ',!
h/. 7
V'i. 1
±9. C
K8
U.o
3>,.7
33. 1
Q
35! 6
82 0
80. 5
65.4
3L2
81. 2
ns
bf 2
7f 8
78 7
! 2.9
,<5 5
106.0
65. 1
2 " •'] 5
"i 5. 1
7"» S
(}* 4
h 1 5- -s
"*,.')
6n 7
oS. 8
812
51.' 9
3±
0
,C5 4
90.5
1'V 1
GO. S
%. 1
101.1
49. 6
75. 7
."7 I
S2.8
7 j. (,'
"3. 'J
?* . 3
5i. 3
(
<2. S
9':. 2
* 1 0. 6
Si. 5
01.8
85.3
yr 5
17. 9
70.8
* si. e
82'. f
S3. 9
82. 6
68. 1
77 1
79! 2
96. 6
71. 5
J
a
0
fiY.f
87. C
81. 7
60.7
89. C
76.3
34. f
86. ;84. (
]68i 501
87, t <7
1, C6
"Revised.
3 Not available.
* For earlier data see the following references: Employment in Baltimore, Milwaukee, Maryland, and Massachusetts, and Federal civilian employment, total United
States, pp. 18 and 19. December 1932; employment in banks and brokerage houses, etc., Federal and State highway employment dyeing and cleaning establishments and
laundries and employment in Chieaeo. pp. 19 and 20. June 1933; Pittsburgh employment, p. 18, January 1934. Cleveland employment', p. 19. July 1934.
t For revised data refer to the indicated pages as follows: Employment in Delaware, New Jersey, Pennsylvania and Philadelphia, p. 19, September 1933; and for Massachusetts, employment for 1931, 1932, and 1933, p. 19, A ugust 1933. Employment in banks, brokerage houses, etc., for 1932, p. 28, January 1934. Employment in laundries and
dyeing and cleaning establishments, p. 20, August, 1934.
29
SURVEY OF CUIiSENT BUSINESS
October 1934
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
1934
August August
1933
Septem- October Novem- [ Decem- January Februber
ber
j ber
ary
1934
March
April
May
June
July
EMPLOYMENT CONDITIONS AND WAGES—-Continued
EMPLOYMENT— Continued
Miscellaneous data— Continued.
Trades-union members employed:
All trades
_.. percent of total-Building trades*. _
oercent of total-Metal trades*
percent of total Printing trades*
.percent of total-All other trades*
percent of total-On full time, all trades.. .percent of total—
LABOB CONDITIONS
Hours of work per week in factories:*!
Actual, average per wage earner
hoursLabor disputes: f §
Disputes
number
Man-days lost..
number. _
Workers involved-number-Labor turnover (quarterly):*
Accessions
percent of TO on Day roll
Separations:
Discharged
percent of no on pay roll
72
40
75
82
78
48
69
34
58
78
81
49
71
37
61
78
78
51
73
38
64
79
.84
52
72
37
64
80
82
50
71
38
64
81
80
49
72
42
65
81
81
49
74
45
66
81
83
52
75
45
70
82
84
53
76
42
72
82
84
76
43
75
83
84
52
75
45
78
83
81
49
72
43
76
83
°78
48
33.5
38.2
36.3
36.1
33.8
33.8
34.3
35.5
36. 4
33.1
35.5
35.4
34.1
52
99
125
98
1,570,512 3,873,^62 3,659,502 1,298,113
53, 844 163,682 101, 146
23, 700
30
31
404, 993 « 616,465
13,152 30, tflS
a 11(3
81
p 113
39
°94
54
"1,903.450 P2.30fi.428
789, 553 1,091,023 2,280,164 "2,221,390
18, 627 37, 700
78, 035 0 73, 355 0 76, 739 f 66, 087
22.88
11.31
19 79
13.07
.78
6. 31
4. 16
.62
11 34
2 18
61
6 65
2 73
.69
11 00
2 97
Voluntary Quits percent of no on pay roil
FAY ROLLS
62.2
59.4
59.1
55.5
56.8
64.8
67.3
67.1
54.5
54.0
60.6
60. 4
64.8
Factory unadjusted CB.£.S.)*_— 1923-25= 100—
89. 9
77.9
81. 5
84. 6
88.3
85.5
87.2
92. 3
88. 1
84.9
84.5
«88. 7
Chemicals and products
1923-25=100—
89.1
96. 5
81.0
85. 1
94.4
80.6
85.7
96. 1
96.6
86.6
95.8
86.9
88.0
89. 1
Chemicils
1923-25-10085.4
89.9
81.0
92.4
91.0
88.5
90. 3
92.8
92.9
86. 1
90.9
91.8
Druggists' preparations
1923-25= 100. .
92.6
76. 9
69.8
68.7
70.7
68.3
87.9
83.0
68.8
74.5
86. 3
« 78. 8
7J.5
Paints and varnishes
1923-25=100 77. 1
82.2
97
2
89.4
86.0
89.8
89.4
93. 1
89.5
92.7
90.8
92.0
95.7
Petroleum refining
1923-25 = 100- 92. 0
213.2
213.2
197.8
218.3
218.9
191.2
220.9
220.0
221. 3
200.0
208. 6
208. 1
218. 2
Ravon and products ...
1823-25=100—
82. 1
105. 1
94.8
91. 1
85.3
84.4
87 2
83 1
95 6
80 7
81. 1
91.9
Food 3nd products
lQ?3-25— 100
82 2
90.2
97.8
83.1
90. 4
90.6
95.3
91.4
89.6
88.5
96. 5
98. 2
91.3
Baking
1923-25=100-.
91.8
185. 0
146. 2
131. 9
153.8
120.5
127.7
167. 0
182.5
130.8
123. 5
150. 9
193. 5
Beverages 1023-25 = 100—
138.3
72.1
78.2
99. 0
77.7
76.6
82.0
91.4
81.8
76.1
30.7
87.2
78.6
75.9
Slaughtering, meat packing. .1923-25= 100—
45. 5
47.5
50.0
47.6
43.3
41.1
62. 6
43.7
45.7
56. 8
61.3
47. 9
Iron and steel and products
1923-25 = 100—
51.3
53.1
44.0
47.9
42.2
48.0
59.4
43.0
46.1
66. 1
41.2
68. 9
47.6
Blast furnaces and steel works. 1923-25= 100- .
52.2
33.7
41.8
29.7
35.9
35.4
34.2
41.5
31.9
37.6
40. 0
33.5
42.7
Structural and metal work... 1923-25=100—
35. 1
81.9
93.6
80.8
75.6
74.7
84.2
86.9
94. 1
81.5
71.1
70.5
Tin cans, etc
1923-25=10094. 5
79.7
78.2
77.5
72.3
78. 7
60.1
82.1
78.9
61.1
67.5
81.7
72.9
Leather and products
3923-25=100.
84, 4
77. 2
77.1
79. 1
77.7
70.1
64.2
55.6
55.7
81.0
81.8
77.6
70.5
76.2
84. 1
Boots and shoes 1923-25 = 100-78.2
74.3
78.6
78.8
76. 1
78.8
82.6
82.0
77.9
81.9
79.8
79. 2
83. 9
Leather
1923-25=100—
32,4
37.3
38.1
33.6
34 6
33. 5
31 0
30 5
27 4
33 3
Lumber and products
1923-25—100
33 9
31 6
31 9
52.8
43.9
55.0
42.7
45.0
40.1
35.3
40.5
40.3
40.5
Furniture
1923-25=100-41.2
41.1
39. 3
24.1
23.8
22.1
23. 1
23.5
22,0
19.7
21.7
24.6
25. 3
24. 1
Millwork
1923-25=10023.2
23. 1
23.2
20.1
2D 9
23.3
22.1
21.8
17.4
20.0
19. 1
24 2
20 7
Sawmills
1923-25=100
22 5
23 2
43.3
36.3
51.3
48.3
45.3
48.9
50.4
51.4
Turpentine and rosin
1923-25 = 100-.
51.7
53.7
51.
0
50.3
46.2
46.6
43.5
50.2
50.2
57 8
49 1
47 6
Machinery
1923-25—100
60 5
6 l> 2
51.8
61 6
58 1
55 8
41.6
37.0
47.4
53.6
65.2
68.3
59.8
75.7
87.2
Agricultural implements
1923-25=100..
93.6
76. 1
78.2
70. 2
37.5
39.7
41.3
41.5
38.2
50.2
39.8
40.9
Electrical machinery, etc
1923-25=100—
49.9
47.8
49.8
51.8
43.8
Foundry and machine shop products
41.3
50.3
39.9
41.9
43.3
45.4
41.3
41.3
54.4
56.8
1923-25=100-55.5
51. 1
49.9
104.1
123.1
84.2
142.8
150.5
128.4
96.5
95.1
112,4
108.9
117.4
114.4
Radios and phonographs
1923-25=100—
101. 5
51.6
52.4
53. 8
53.6
48.3
50.2
52.2
Metals, nonferrous
1923-25=100-.
47.1
60.6
58.9
57.9
56.8
54. 1
59.5
59.2
62.2
60.1
47. 0
58.5
50.9
Aluminum manufactures
1923-25=100-.
61.1
67.0
63. 5
50. 4
64.2
59. 1
54.0
49.4
51.2
52.9
52.5
51.4
49.0
48.3
62.1
Brass, bronze, copper prod— 1923- 25= 100—
59.8
58.4
54. 4
56.3
62.7
63.6
62.3
66.6
66.2
60.9
70.8
56.8
Stamped and enamel ware... 1923-25= 100- .
80.8
83. 6
80. 1
72.9
75.8
74.7
76.0
78 4
71.0
77.2
74 3
Paper and printing
1923-25—100
75.6
76 0
SO 6
79 7
78 9
77 3
77 7
77.6
76. 2
77.5
78.8
72.4
71.9
76.4
Paper and pulp.
_
1923-25=100
71.3
79
8
81
3
78 5
77 1
78 6
45.3
48.9
42.1
45.9
46,1
44.7
Railroad repair shops—
1923-25=100..
48. 5
45.6
53.8
53 0
53 8
51 i
48 5
53.0
f)Q (]
53.4
54.2
56.2
Electric railroads .
1023-25 = 100
58.5
56.8
55. 4
56.4
59 4
58 8
59 2
58 6
44.8
48.6
41.2
47.9
45.5
43.8
Steam railroads
1923-25=100..
45.5
44.9
53. 5
52.7
50. 6
53.5
47.9
61.4
61.9
Rub ber products
1923-25 = 100- .
62.9
59.0
65.2
58.8
58.3
58.7
73.4
70.3
70.5
61.9
50.4
53.3
47.3
49.9
49.7
48.6
Rubber tires and tubes
1923-25 = 100..
44.8
57.9
64.5
67.6
63.4
55. 9
61.' i'
33.5
33.6
33.9
29.9
Stone, clay, and glass products.. 1923-25 = 100..
34.9
31.8
31.0
33.3
39. 5
38.8
36. 1
34.7
38. 8
16.5
17.4
Brick, tile, and terra cotta
1923-25=10014.9
12.2
16.8
13.6
12.7
13.1
18.1
17.0
16. 4
19.3
13.7
25. 8
Cement
1923-25
= 100-.
32.0
24.7
35. 4
23.0
19.1
19.4
22.5
35.8
24.1
30.6
39.9
39. 1
62 2
63 5
68 2
59 6
Glass
lQ23-25 — 100
65 3
63 0
64 4
73 5
75 8
80 8
73 4
69 5
74 6
79' §
78. 7
74 1
Textiles and products
1923-25—100
68' i
77 4
69 7
64 0
64 8
77 9
74 1
(>o -^
82 6
77.6
79.2
Fabrics
_
1923-25- -100
64 7
77.5
go" 8
73 2
78.3
68 6
67 0
74 9
79 3
64 4
66 c)
75.9
Wearing apparel
1923-25 = 1 CO- - 70. 6
59.5
51.2
72.7
58.6
56.6
72.3
68. 1
76.1
61.7
81.4
48. 2
47 •}
47 5
Tobacco manufactures.
_ .1923-25= 100- _
44.5
49. 3
51.2
45.5
46.5
39.8
CO. 1
46 2
45 8
48.2
Transportation equipment
1923-25= 100- .
49.7
43. 3
38.6
72.0
69. 9
43.7
52.7
88. 0
92. 2
78. 1
<>5. 4
84.5
53.1
55. 7
82.3
Automobiles
._
1923-25— 10^
46 1
39 6
46 0
58 3
107 A
100 4
8 r} 8
98 1
70 7
23.1
24. 2
24.2
24.4
36.4
Cars, electric and steam. .... 1923-25= 100..
27.2
26.0
47. 0
47. 3
43. 0
46.3
39.7
53. 1
45.9
152 4
Shipbuilding. 1923-25=100
40.0
47.5
49 4
49.0
46.8
56 4
48 2
60 0
53 9
60 2
5"» 6
Factory by cities:
68.
8
Baltimore *
1 929-31= 100..
68.8
«
63.
2
67.5
65.1
63.1
61.4
65.9
76.6
75.
3
70.6
77.6
37 3
49 Q
4/f Q
A~~> £
39 9
39 5
39 4
Chicago *
1925-97—100
451 9
37 5
38 9
40 5
41 4
• • r> 8
51 8
Milwaukee*
lO^-0?— 100
6 1
53 4
5° 0
51 5
51 7
49 8
53 6
6^ S
59 7
58 6
65 8
61 8
57.3
New York *
1925-27=100..
53.2
50.5
59.4
55.9
53.6
57.4
53.7
59.2
62.1
60.9
56.2
55. 3
Philadelphia *f
1923-2/5=100
59 4
54 8
63 1
59 8
57 2
61 7
54 4
58 7
62 5
61 4
61 3
61 9
61 3
Pittsburgh *
1923-25 — J 00
49.0
52 7
47 6
45 7
46 4
55 5
41 9
46 5
52 7
55 2
65 4
50 6
65 4
Factory, by States:
Delaware f
1923-25=100-.
67.7
64.9
66. 5
67.4
65.5
67.7
63.4
68.3
69.5
68.7
71.2
69.0
71.4
40 i
Illinois 1925-27-100
4-8 6
43.0
42 6
43 0
40 3
40 5
43 2
40 5
46 8
48 0
45 2
49 9
a
Maryland *
1929-31 = 10073.8
67.4
°67.4
72.6
73.0
69.5
64.8
70.3
78.9
78.7
74.5
79.9
77. 1
59.4
59.4
Massachusetts *t
1925-27=100...
57.3
55.7
52.8
55.0
58.8
53.1
60.7
59.6
54. 3
60.6
55.0
Ne w J ersey t
1923-25 — 1 00
fil Q
60 0
62 0
64 4
57 5
61 6
61 2
f'3 1
58 4
61 3
62 7
64 5
64 7
New York
1925-27 = 100..
55.0
54.1
51.3
56. 9
51.0
51.8
51.8
54.7
58.2
59.0
58.3
57.0
55. 7
Pennsylvania f
_.
1923-25—100
53 6
52 4
53 2
55 3
50 6
52 4
56 9
46 7
61 Q
58 7
55 5
56 8
61 3
g9 i
Wisconsin
. .. 1925-27=100
53.8
52.3
53 3
55.3
50 1
60 7
54 4
50 5
63 9
58 9
59 6
64 0
Nonmanufacturing (Department of Labor):
Mining:
Anthracite
1929 = 100—
46.6
60.7
44.3
61.6
39.7
47.8
73.2
65.8
82.4
51.7
64.0
53.3
42.3
44 i
Bituminous coal —
1929=100
43 3
44 1
50 7
50 4
50 8
51 3
54 6
58 9
51 4
54 4
55 1
49 7
21 9
23 9
25 q
o« 7
27 2
M etalliferous
1929— 100
26 2
25 4
25 6
27 0 I
26 0
25 9
25 6
25 1
Petroleum, crude production
1929 = 100—
44.4
50. 1
53.2
42.5
50.3
61.2
50.5
53.0
52' 5
53.4
56. 4
56. 9
60.0
Quarrying and nonrnetallic
1929=100-29.3
24.4
29.9
31.2
28.3
34.0
21.3
21.0
24.1
29.9
37.0
35. 0
35. 0
0
Revised.
v Preliminary.
* For earlier data on the following subjects refer to the indicated pages of the monthly issues as follows: Trades-union members employed, p. 18, December 1932; hours
of work and labor turnover rates, p. 20, October 1932; pay rolls. Baltimore, p. 18, December 1932; pay rolls, Chicago, p. 20, June 1933; pay rolls, Milwaukee, p. 18, December
1932; pay rolls, New York, p. 20, June 1933; pay rolls, Philadelphia, p. 18, December 1932; pay rolls, Pittsburgh, p. 18, January 1934; pay rolls, Maryland and Massachusetts,
p. 18, December 1932. Data on factory pay-roll indexes, by classes shown on p. 18 of June 1934 issue. See also p. 19, July 1934.
t Revised series For revisions on thp following subjects refer to the indicaieU pages of tne monthly issues as follows: Labor disputes for 1932. p. 29, July 1933; pay rolls,
Philadelphia and Delaware, p. 19 Sep'emhpr 1933 pay rolls. Massachusetts. f r >r 1931. 1932 and 1933, p. 19, August 1933; pay rolls, New Jersey and Pennsylvania p 19,
September 1933. Hours of work per week in factories revised for 1933. See p. 20 of the July 1934 issue.
§ Data for 1933 revised. See p. 29 of the September 1934 issue.
30
SURVEY OF CURRENT BUSINESS
Monthly statistics through December 1931, 1934
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 1934
1934
1933
Decem- January
August SeptemOctober November
ber
ber
F]
| ?™'
March
April
May
June | July
i
EMPLOYMENT CONDITIONS AND WAGES— Continued
PAY EOLLS— Continued
Nonmanufacturing (Department of Labor)— Con.
Public utilities:
Electric railroads
1929 = 100
Power and light
1929=100
Telephone and telegraph
1929 = 100. _
Trade:
Retail
1929=100..
Wholesale
1929=100
Miscellaneous:
Banks, brokerage houses,
etc.*t-1929=100..
Dyeing and cleanina*f
1929~100
Hotels
°
1929 = 100 _
Laundries*!
1929=100..
WAGES—EARNINGS AND RATES
Factory, weekly earnings (25 industries) :*t
All wage earners
- dollars..
Male:
Skilled and semiskilled
_. .dollars
Unskilled
dollars..
Female
-- -dollars
All wage earners
....1923=100..
Male:
Skilled and semiskilled
1923=100..
Unskilled
1923 = 100
Female
1923=100 .
Factory, a v. hourly earnings (25 industries) :*f
All wage earners
dollars-Male:
Skilled and semiskilled
dollars..
Unskilled
dollars
Female
dollars..
Factory, weekly earnings, by States:
Delaware
1923-25 = 100. _
Illinois
.1925-27 = 100
Massachusetts*!
1925-27=100
New Jersey
1923-26=100
New York
... 1925-27= 100
Pennsylvania
1923-25=100
Wisconsin
1925-27=100
Miscellaneous data:
Construction wage rates:*§
Common labor (JSJ.JV.J2.)_..dol. per hour__
Skilled labor (E.N.R.)
dol. per hour..
Farm wages, without board (quarterly)
dol. per month. _
Railroads, wages
dol. per hour
Road-building wages, common labor:#^f
United States
dol. per hour
East North Central
dol. per hour..
East South Central
dol. per hour
Middle Atlantic
dol. per hour
Mountain States
dol. per hour
New England
dol. per hour..
Pacific States
_ .dol. per hour
South Atlantic
dol. per hour
West North Central.
__dol. per hour..
West South Central.
dol. per hour
Steel industry:
U S Steel Corporation
dol. per hour
Youngstown district
percent base scale..
62.8
79.9
74.0
58.2
70.9
66.1
57 8
71.8
64.6
59 8
76.2
67.0
59 4
74 5
67.7
59 6
74.4
67.7
59 2
73. 8
69.0
60 1
74 4
67.9
62 2
75 6
70.4
62 9
76.8
68.8
63 0
77.6
71.4
63.2
77.8
71.3
63.8
81.1
72.3
67.3
66 4
62.7
60 8
69.2
62 3
72.3
66 0
72.6
64 1
80.3
64.5
68.8
63 9
67.7
64 6
69.5
65 7
71.5
66 8
71.8
66 3
71.6
66.5
69.5
67.6
(3)
56 7
64.5
66.6
84.4
50 0
54.0
60.3
84.5
57 1
55.6
63.5
84.7
57 4
56.2
62.5
86.1
52 5
55.2
60.7
87.4
47 3
57.6
61.1
88.1
46 8
80.8
61.7
87 0
46 3
65.2
61.7
(3)
51 7
66 6
62.7
(3)
60 8
60. 5
64.4
(3)
65 1
65.9
66.9
(3)
64 1
66.2
68.3
(3)
58 9
65.6
68.2
19.59
19.34
19.41
19.50
18.44
18.57
18.89
19.81
20 49
21.00
20 79
20.70
21.73
15.96
14.24
73.6
22. 26
16.14
13.91
72.7
22 05
16.04
14 31
72.9
22.35
16.34
14.31
73.3
21.05
14.87
13.74
69.3
21.10
15.27
13 48
69.8
21.44
15.74
13 43
71.0
22.28
16.42
14 85
74.4
22 87
16.95
14 63
77.0
23.46
17.41
14.71
78.9
23.25
16.88
14 63
78. 1
23.22
17.04
14.58
77.8
70.6
71.6
82.6
72.2
72 4
80.7
71.6
72 0
83.0
72.5
73 3
83.0
68.3
66 7
79.7
68.5
6S 5
78.2
69.6
70 6
77.9
72.3
73 7
86 1
74.3
76 1
84 9
76.2
78 1
85 3
75.5
75 8
84 9
75.4
76.5
84.6
.588
.507
.536
.542
.546
.550
.551
.558
.561
.579
.586
.586
.587
.650
.481
.426
.566
.412
.366
.593
.439
.401
.598
.444
.404
.604
.445
.404
.609
.450
.407
.608
.456
.411
.614
459
.415
.615
465
.419
.633
.479
.425
.646
486
.428
.648
.480
.429
.649
.484
.429
76.3
71.7
75.4
86.5
80.9
77 0
71.2
72.3
67 8
78.1
84 7
77.6
74 9
66.2
72.4
66 6
79.0
83 3
79 0
72 2
64 8
74.6
67.3
77.5
84.5
77.8
73 9
66.6
72.8
65.6
76.2
85 0
76.8
71 5
64.5
75.1
66 7
71.2
84 7
77.4
71 5
63.3
74.6
68 4
72.5
83 3
78.7
69 6
64. 1
76.6
70 5
75.3
85 7
78 6
73 5
68 1
75
71
76
85
80
76
72
4
2
4
4
8
7
1
75.8
72 1
75 9
86 7
80.6
78 2
72 2
75.3
73 6
75 8
87 3
80 7
82 6
74 0
76.3
74.1
74.3
87.0
80.2
81 3
74.3
77.1
72.6
75.2
85 3
79.8
74 4
69.3
.530
1.11
.443
.99
.452
1.02
.506
1.03
.510
1.04
.520
1.06
.516
1.05
.527
1.06
.527
1.07
.534
1.08
.534
1.10
.534
1.10
.530
1.10
.597
25.89
606
603
.613
24.90
616
612
631
26.88
609
610
.600
27.29
.599
41
.50
30
41
.56
.43
.58
.31
.45
.34
35
.42
20
.35
.43
.37
.50
.23
.35
.28
37
.43
20
36
.44
.38
52
.25
.36
.28
.37
.43
20
.37
.44
.40
.55
.25
.37
.29
.38
.45
21
.38
.45
.40
.57
.24
.37
.30
38
.45
23
39
.47
.39
58
.25
.38
.31
37
.45
23
41
.48
.40
.58
.21
.38
.29
37
.46
25
.42
.49
.41
.57
.23
.36
.32
42
.50
30
.42
.55
.44
.57
.31
.41
.35
43
.51
30
,41
.55
.46
.57
.31
.41
.35
43
.51
30
.41
.55
.44
.57
.31
.43
.35
.43
.51
30
.41
.55
.43
.57
.31
.42
.35
40
.50
30
.41
.56
.43
.58
.32
.43
.34
.485
101.5
.440
101.5
.440
101.5
.440
101.5
.440
101.5
.440
101.5
.440
101.5
.440
101.5
.440
101.5
.485
101.5
.485
101.5
.485
101.5
.485
101.5
19.92
0
22. 38
16.47
14.36
74.9
» 72. 7
73 9
83.3
FINANCE
BANKING
Acceptances and com 'I paper outstanding:
534
694
613
516
764
771
685
569
Bankers' acceptances, total
mills, of dol—
715
737
758
750
520
Held by Federal Reserve banks:
1
3
1
1
23
For own account
mills, of dol—
127
105
56
18
1
4
41
2
31
4
4
5
For foreign correspondents.mills. of dol
40
3
5
3
Held by group of accepting banks, total
472
480
499
442
536
517
592
599
567
581
576
507
mills, of dol. .
483
220
222
252
236
222
271
223
255
226
252
236
273
266
Own bills
mills, of dol._
324
260
282
321
312
299
281
250
247
219
315
Purchased bills
mills, of doL_
261
326
42
154
70
59
53
112
156
138
190
95
108
81
Held by others
mills, of dol- .
37
133
139
141
151
168
Com'l paper outstanding
mills, of dol..
123
130
133
109
108
117
107
188
Agricultural loans outstanding:
Farm mortgages:
1,458
1,484
1,214
1,549
1,631
1,690
1,288
1,371
Federal laud banks
mills of dol
1,110
1,126
1,156
1,104
349
345
320
392
335
306
Joint stock land banks
mills, of dol_.
413
408
401
370
416
381
6
259
238
311
34
174
379
430
Land bank commissioner* mills of dol
2
71
120
16
Loans and discounts of Federal interme172
149
156
202
141
148
191
diate credit banks
mills, of doL.
127
133
150
198
107
Other loans:
165
164
321
319
317
168
167
167
150
Agr. marketing act*
mills, of dol__
329
Banks for cooperatives, incl. Central
11
16
19
15
17
21
21
Bank*
mills, of dol_.
7
15
19
84
81
68
94
90
73
90
91
Emergency crop loan*
mills, of doi._
136"
135"
110
91
4,409 14, 392 28, 117 38, 518
2
6
27
157
665
Prod. cred. ass 'ns*thous. of dol
49, 820
145
145
146
145
155
147
145
Regional ag. credit corp.*
mills, of doL.
143
138
143
129
158
3
« Revised.
Not available.
* New series. For earlier data on the following subjects refer to the indicated pages of the monthly issues, as follows: Pay rolls, banks, brokerage houses, etc., p. 19,
June 1933; pay rolls in dyeing and cleaning establishments and laundries, p. 19, June 1933; factory weekly earnings, p. 20, October 1932; factory hourly earnings, p. 18,
December 1932; weekly earnings, Massachusetts, p. 18, December 1932; construction wage rates, p. 19, September 1933. Earlier data on additional series of agricultural
loans outstanding will be shown in a subsequent issue.
t Revised series. For revisions on the following subjects refer to the indicated pages of the monthly issues, as follows: Pay rolls of banks, brokerage houses, etc., for
1932, p. 29, January 1934; Massachusetts weekly earnings for 1931, 1932, and 1933, p. 19, August 1933 issue; pay rolls in laundries and dyeing and cleaning establishments,
p. 20, August 1934; factory weekly and hourly earnings revised for 1933. See p. 20 of the July 1934 issue.
# Beginning with March 1932 method of computing rates was changed.
"S Increase in wage rates during March 1934 was due to provisions of title I, sec. 204, par. 2, item C of the National Recovery Act, which required State highway departments to fix minimum wage scales.
§ Construction wage rates as of September 1,1934, common labor, $0.535 skilled labor, $1.12.
=
October 1934
SURVEY OF CURRENT BUSINESS
Monthly statistics through December 1931, 1934
together with explanatory footnotes and references to the sources of the data, may be found
in the 1932 Annual Supplement to the Survey August
31
1934
1933
Decem- January FebruAugust SeptemOctober November
ary
ber
ber
March
April
May
June
July
FINANCE— Continued
BANKING-Continued
Bank debits, total.
mills, of dol—
New York City
._
..mills, of dol—
Outside New York City
mills, of delBrokers' loans:
Reported by New York Stock Exchange
mills, of dol—
Ratio to market value
percent—
By reporting New York member banks
mills, of dol—
Federal Reserve banks:
Acceptance holdings. (See Acceptances.)
Assets, total
mills, of dol—
Reserve bank credit outstanding
mills, of doL.
Bills bought
mills, of dol—
Bills discounted
.mills, of dol—
United States securities
mills, of doL.
Reserves, total§
mills, of dol—
Qold reserves
mills of dol
Liabilities, total
mills, of doL.
Deposits, total
mills, of dol—
Member bank reserves
mills, of dol—
Notes in circulation
mills, of dol—
Raserve ratio
percent—
Federal Reserve member banks: *
Deposits:
Net demand.. __
.mills, of dol—
Time
mills, of dol—
Investments
mills, of dol—
Loans, total
mills, of dol—
On securities..^
mills, of dol—
All other loans
mills, of dol—
Interest rates and yield on securities:
Acceptances, bankers' prime
percent..
Bond yields. (See Bonds.)
Call loans, renewal
..percent-Corn '1 paper, prime (4-6 inos.)
percent..
Discount rate, N.Y.F.R. Bank
percentFederal land bank loans
percent-Intermediate credit bank loans
percent--
25, 706
12, 285
13, 421
25,451
13, 076
12, 375
24, 555
12, 340
12, 215
26, 307
13, 280
13, 027
24, 131
12, 204
11, 927
26, 301
13,013
13, 288
27, 221
14, 023
13, 198
25, 015
13, 231
11, 784
29, 685
15, 608
14, 077
31, 231
16, 953
14, 278
28, 757
14, 652
14, 105
30, 142
15, 388
14, 754
27, 752
13, 842
13, 910
874
2.68
917
2.50
897
2.74
776
2.58
789
2,43
845
2.55
903
2.42
938
2.56
981
2.67
1,088
2.99
1,016
3.00
1, 082
3.14
923
3.00
793
881
806
749
720
837
888
858
886
974
915
1,017
885
8,197
6,607
6,735
6,889
6,865
7,041
6,989
7,309
7,669
7,953
8,028
8,175
8, 161
2,464
5
23
2,432
5, 220
5,101
8,197
4, 312
4,052
3,134
70.1
2,297
153
2,129
3,820
3,588
6,607
2,675
2,409
2,988
67.4
2,421
7
128
2,277
3,805
3.591
6,735
2,748
2,438
3,002
66.2
2, 549
7
116
2,421
3,817
3,591
6,889
2,885
2,685
2,966
65.2
2,581
24
119
2,432
3,778
3,573
6,865
2,796
2,573
3,030
64.8
2,688
133
98
2,437
3,794
3,569
7,041
2,865
2,729
3,080
63.8
2,630
111
83
2,434
3,792
3, 557
6,989
3, 035
2,652
2,926
63.6
2,567
62
64
2,432
4,140
3,931
7, 309
3, 265
3,093
2,980
66.3
2,545
29
54
2,447
4,537
4,336
7, 669
3, 653
3, 457
3,038
67.8
2,485
9
39
2,431
4, 843
4, 303
7, 953
3,982
8, 599
3.060
68.8
2,463
5
31
2,430
4, 899
4,683
8,028
4,023
3,746
3,069
69.1
2,472
5
25
2, 432
5,022
4, 808
8, 175
4, 138
3, 840
3,101
69.4
2,462
5
22
2, 432
5, 154
4, 930
8, 161
4, 295
4, 029
3, 077
69.9
12, 926
4,510
9,906
7,802
3,247
4,555
10,427
4,508
8,074
8, 633
3,766
4,767
10, 505
4,501
7,989
8, 540
3,687
4,853
10,653
4,470
8,156
8,593
3,604
4,989
10, 751
4,410
8,104
8, 568
3,569
4,999
10, 952
4,351
8,200
8,385
3,620
4,765
11,118
4,367
8,772
8,349
3,609
4,740
11, 398
4,370
9,215
8,185
3,520
4,665
11,794
4,419
9,311
8,161
3,514
4,647
12, 221
4, 454
9,326
8,136
3,577
4,559
12, 426
4,455
9,280
8,026
3,476
4,550
12, 504
4, 501
9,723
8,014
3,529
4,485
12, 745
4,488
9,889
7, 873
3, 358
4,515
li~X
K-M
M
x
M-M
H
H
H
H-H
H-M
&-H
H-H
H-K
1.00
H-l
1.50
.98
IK
2.50
5.00
3.13
.75
Itf-lH
2.50
5.00
3.13
.75
.75
2.00
5.00
3.04
1.00
1H-1H
2.00
5.00
2.98
1.00
1M-1M
«1.5G
5.00
3.00
1.00
1-1K
1.50
5.00
2.74
1.00
'2,00
5.00
3.13
.94
itf-lH
2.00
5.00
2.96
1.00
1
1.50
5.00
2.26
1M
i-iM
1.50
5.00
2.50
1.00
14-1
1.50
5. 00
2.00
_ _.
1.00
%-l
1.50
5.00
2.00
Stocks yields. (See Stocks.)
5
yr%
M-i
Time loans, 90 days-.-—
.percent5i-l
4~M
94-1
1-ltf
H-i
H-ltf
1-1H
H-l
«-l
%-l
H-i
Savings deposits:
5, 090
5,049
5,064
New York State _ .
mills, of dol _
5, 054
5,079
5,067
5,059
5,029
5,076
5,122
5,C97
5, 134
5,114
U.S. Postal Savings:
Balance to credit of depositors
thous. of doL . 1,192,511 1,177,667 1,180,668 1,188,871 1,198,656 1,208,847 1,200,771 1,200,023 1,199,983 1,197,485 1,196,881 "1,197,887 1, 190, 712
Balance on deposit in banks -thous. of dol.. 620, 079 947, 822 937, 409 918, 644 910, 133 914, 235 902, 225 883, 705 856, 323 806,163 730, 051 "694, 575
670, 182
FAILURES
Commercial failures:
977
1,206
1,132
1,472
1,116
1,364
Total
. number
929
1,237
1,049
1, 102
1, 052
912
1, 033
99
112
114
Agents and brokers
number..
115
100
118
95
106
85
106
102
95
98
246
314
Manufacturers, total
_ .number—
273
311
258
237
295
248
357
301
281
235
279
7
4
13
Chemicals, drugs, and paints ..number..
25
6
6
5
7
13
6
6
4
6
32
46
42
Foodstuffs and tobacco
number-23
20
31
30
32
22
23
23
23
27
7
11
13
Leather and manufactures.. —.number..
4
12
13
11
9
13
19
7
11
9
26
36
Lumber
number
34
28
24
42
37
32
27
36
40
32
37
26
31
Metals and machinery
number
38
27
43
32
49
39
25
38
41
33
25
10
22
Printing and engraving
number—
16
18
13
17
16
27
20
10
16
17
9
10
19
11
Stone, clav, and glass
number
17
17
16
20
13
5
9
17
5
12
27
29
Textiles
number —
15
32
34
30
19
29
32
22
26
40
47
101
121
Miscellaneous
number..
119
105
92
84
123
117
105
125
113
81
88
632
774
Traders, total
number
728
780
1,001
951
820
716
669
597
695
579
659
11
Books and paper
number-10
18
5
11
18
14
12
12
7
10
14
8
64
Chemicals, drugs, and paints .. number _.
63
99
58
78
69
87
80
62
59
63
57
68
109
81
Clothing
__ _ number
115
212
148
117
116
65
104
88
101
91
71
250
Food and tobacco
number _.
284
310
302
330
264
276
387
319
283
275
251
298
24
41
General stores
number __
41
41
34
35
40
20
19
25
23
22
20
68
Household furnishings
number
134
105
93
96
99
125
108
95
131
65
64
68
106
174
170
Miscellaneous
— .number
138
154
124
94
150
129
119
92
113
93
22, 561 23, 868
Liabilities, total
thous of dol
30, 582 25, 353 27, 200 32,905 19,445 27,228 25, 787
18, 460 42, 776 21, 847
19, 326
3,350
8,447
Agents and brokers
thous. of dol—
5,282
3,401
9,367
4,833
9,096
4,331
4,880
5,319
5,529
3,698
4,116
9,674
Manufacturers, total
-thous. of dol—
15, 192
8,850
7,646
7,808
8,658
10, 300
9,265
7,489
5,943 12,239
9,581
6,786
Chemicals, drugs, and paints
62
14
267
52
34
thous. of doL.
650
831
225
22
89
165
252
309
331
Foodstuffs and tobacco
thous. of dol—
764
493
184
228
380
489
192
573
207
378
344
146
178
14
151
Leather and manufactures.-thous. of dol—
576
405
164
86
195
339
220
35
488
138
1,579
Lumber
—thous. of doL2,652
993
2,102
1,095
1,748
1,638
1,170
2,600
1,291
991
1,412
975
1,334
Metals and machinery
thous. of dpi—
452
1,372
1,228
1,017
284
1, 159
3,237
2,995
771
1, 703
1,543
766
140
Printing and engraving. __ thous. of doL.
404
415
568
504
126
323
213
775
508
412
175
778
348
Stone, clay, and glass
thous. of dol—
874
194
631
248
506
487
503
140
1,099
432
192
146
951
Textiles
thous. of dol.
668
601
591
355
437
343
1,123
2,183
580
1, 361
998
717
4,751
3,704
Miscellaneous
thous. of dol—
4,537
3,812
6, 66J
2,777
3,707
4,243
2,902
3,510
3, 197
2,059
2.765
9,537
Traders, total
. thous. of dol—
9,368 13, 285
12, 263
9,446
18, 217
18,111
9, 171
10, 108 10, 168
8,124
10,319
7,569
80
Books and paper— ..
thous. of dol—
61
217
198
31
293
127
320
195
231
152
225
135
739
Chemicals, drugs, paints. -thous. of doi—
746
792
1,574
598
781
812
609
714
750
826
870
167
1,044
Clothing
thous. of dol—
894
1, 232
2,347
1,113
1, 042
1,254
1,083
1,149
2,271
1,367
587
790
3,875
Foods and tobacco
thous. of dol—
4,424
2,928
4,068
2,854
3,124
3,859
7,164
6,757
2,769
3,505
3,957
3, 222
175
General stores
thous. of dol—
218
278
595
371
540
224
491
420
457
317
145
123
1, 091
Household furnishings
thous. of doL.
1,222
2,334
1,910
1,324
1,754
1,633
2,146
1,732
2,467
802
943
839
Miscellaneous
thous. of dol—
1.449
4.394
2.726
4. S40
4.140
2.720
4.933
2.284
1.948
2.543
2.573
3. 267
2. 145
a
Revised,
« Rate changed, Oct. 20, 1933, and Feb. 2, 1934.
* New series. Earlier data for Federal Reserve member banks shown on p. 18 of the January 1934 issue. These data cj ver 90 cities and supersede the previous data for
101 cities. They are available only from January 1932 to date. One additional city has been added in 1934 to offset the dropping of 1 bank which discontinued reporting.
§ Figures subsequent to December 1933 represent gold certificates on hand and due from U.S. Treasury, plus redemption fund—Federal Reserve notes, $35,138,000 on
Feb. 28, $32,748,000 on Mar. 31, $31,400,000 on Apr. 30, $30,000,000 on May 31, $25,724,000 on June 30, $24,056,000 oa July 31, and $24,000,000 on August 31, 1934.
32
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 tp^the^urvey
SURVEY OF CURRENT BUSINESS
1934
August
October 1934
1933
SeptemDecemFebruAugust
October Novem-1
ber
b e r l ber!'™^
1934
March i April
May
! June
FINANCE—Continued
LIFE INSURANCE
(Association of Life Insurance Presidents)
17, 360
Assets, admitted, totaif
mills, of dol— 17, 725 17, 134
17, 162 17, 212
17, 250 17, 217
17, 299
17,417
17, 345
17, 556
17, 487
17, 659
5,201
Mortgage loans
mills, of dol—
5, 837
5,794 j 5,747
5,612
5,511
5,700
5,649
5,568
5,457
5, 335
5,272
5, 398
1,047
1,164
Farm
mills, of dol_
1, 300
1,234
1, 214
1,286
1,266
1,248
1,193
1,124
1,101
1,143
1,076
4,154
4,537
Other
_ .- mills, of dol—
4,452
4, 398
4, 347
4,508
4,481
4,415
4, 375
4, 314
4, 234
4, 274
4,196
Bonds and stocks held (book value):
7, 200
6, 389
mills, of dol—
6,428
6,480
6, 599
6,625
6,704
6,763
6, 794
6,919
7,010
6, 868
7,133
2,236
1,762
1, 569
1,599 i 1,650
1,835
1, 891
1, 967
Government
- —
mills, of doL2,022
1,945
2,017
2,116
2,203
1,750
1, 681
1,689
1,692
1,694
Public utility
mills, of dol
1, 697
1,712
1, 716
1, 710
1,719
1,732
1,740
2,617
2,619
Railroad
mills, of dol_
2,619
2,618
2,620
2, 585
2, 589
2, 584
2, 588
2,592
2,587
2, 606
2' 5S6
597
520
521
520
520
511
616
527
540
Other
mills, of doL_
559
584
611
570
Policy loans and premium notes
2, 889
mills, of dol—
2,951
2,945
2,957
2,939
2,948
2,947
2,936
2, 924
2, 893
2, 915
2, 907
2, 898
Insurance written: f
962 i 1,082
1,071
1,096
Policies and certificates
thousands. . 1,073
1,156
1,039
1,228
1, 015
1, 042
1, 178
1,201
1, 132
25
Group
thousands
33
23
18
30
47
29
30
15
46
M
20
793
702
812
772
881
Industrial
thousands-773
766
752
894
841
FT
7fO
255
Ordinary
thousands.226
246
269
257
244
304
275
218
27h
L91
"»<)*
50
Value, total
thous. of dol— 69!i, 870 688, 620 577, 776 657, 362 681, 049 715, 256 665, 457 648, 073
"62 90
GrouD
thous. of dol _ 39, 628 24, 437
23,028 i 25,920 41,483 55, 693 32, 673
^,8 2
F 241
t : '4
4 > *,)
57, M2
Industrial
thous. of dol— 212, 3SO 229, 545 180, 105 212, 452 202, 843 194, 030 197, 108 1% 81 rb
.20 > 9° (> }
2C> ~ h
Ordinary
thous. of dol— 417,871 434, 63*! 374, 643 418, 990 436, 723 465. 533 435, 676 4 i,3°
511, D
4 f HJ2"* J
1
I
O
9' -,- >
214,
682
1 2 ', ill
223,261
208,976
!
225,336
249,
884
324,
877
Premium collections f
thous. of dol
21, 900
17, 051
19, 024
15, 876 30. 012 25, 563
Annuities
thous. of dol
2j f J
9 <L
2J, 231
7,903
9,
060
6,
842
7,
216
6,909
Group
thous. of dol
_ 9, 226
S ?5 >
S t 0
7, n
Industrial
- -thous. of dol— 1 _ . _ _ - 47, 853 52, 939 53, 612 46, 253 113,588 59, 051
5^ < 0
54 072
54 5 > j
Ordinary
._ thous. of dol
_ _ - 145, 626 132, 144 145. 484 145, 644 172, 051 156, 210 llo.db" 131 82 »
59, 474
151 81^
(Life Insurance Sales Research Bureau)
Insurance written, ordinary total
484
504
418
465
493
472
mills, of dol—
548
471
571
4JS
194
208
167
215
202
207
Eastern district
_ mills, of dol—
217
203
21 4
47
43
45
50
48
56
43
Far Western district
mills, of dol—
45
54
59
52
58
58
Southern district
mills, of dol—
67
53
54
63
60
67
1
172
156
170
174
181
208
Western district
mills, of dol._
211
180
1/7
169
209
136
133
Lapse rates
1 925-26 = 100
125
iJ
MONETARY STATISTICS
Foreign exchange rates: #
.861
.920
&. 338
.794
.861
Argentina
dol. per gold peso _
.758
".335
&.340
». 336
".336
6.344
f>. 340
*. 337
237
.207
.192
.207
.223
.217
.234
Belgium
dol. per belga__
.220
.229
. 234
.233
. 234
.234
.082
.085
.086
'. 085
Brazil
dol. per milreis —
.080
.086
.086
.085
.085
.086
. 084
.085
. 030
1.012
1.024
.976
.965
.943
Canada
dol. per Canadian dol
1.006
.995
. 992
1. 002
.998
1. 012
1. 002
1. 008
.101
.089
.082
. 087
. 103
.096
.095
Chile
dol. per peso—
.103
.096
.101
.103
. 103
. 102
5.07
4.67
5.15
4.50
4.66
5.12
England
_ - dol. per £__
5.05
5.03
5.09
5.15
5. 11
5.05
5.04
.063
.058
.054
.058
.062
.061
France....
dol. per franc..
.065
. 066
. 086
. 060
. 030
.382
.354
.354
.327
Germany
dol. per reichsruark—
.376
.373
.389
^385
. 397
.396
. 395
. 383
.350
.383
India
dol. per rupee..
.339
.350
.384
! 38 1
.380
.379
.379
. 383
. 388
379
.078
.084
.072
.078
Italv
dol. per l';ra
.087
.082
.OS6
.083
.086
. OS6
.086
.080
. 304
.278
. 300
.273
.269
Japan
dol. per yen-.307
.301
. 303
.29S
.298
. 300
• SOS
.684
.600
.646
.554
.599
Netherlands
. . _dol. per florin .
.636
.629
. 07S
.660
. 673
.679
.678
.124
.131
.124
. 138
Spain
dol per peseta
.115
.130
.133
. 128
.133
. 136
. 137
.137
'. 137
.241
.232
.241
.201
. 266
.26n
Sweden
dol. per krona
.264
.260
. 260
.260
. 203
.280
. 263
.763
Uruguay
dol per peso
.810
.702
.708
. 643
.746
.802
.801
.758
. 800
.788
,803
.803
Gold and money:
Gold:
4,324
4,323
Monetary stocks, U.S
mills, of dol__
7, 971
4,327
4,323
7,602
7, 893
4,323 « 4, 323 m 7, 137
7, 736
7, 821
7, 759
Movement, foreign:
a
600
Net release from earmark_thous. of dol— -1,055 79, 467 49, 305 26, 867
« 588
11, 780 « 12, 206 * 68, 653
-837 -1,133
"489
980
2, 957
111
Exports
thous. of dol— 14, 556
81, 473 58, 281 34, 046
44
4,715
37
10,815
61
6,586
1, 7SO
2,174
Imports
thous. of dol _ 51,781
1,
696
«
52,
4SO
1, 544
1,085
1,687
54, 785 35, 302
1, 947 452, 622 237, 380
70, 291
Net gold imports, including gold released
from earmark ° *
thous. of dol.. 36, 170
-921 -7, 442 -5,483
-463
2,652
9,438 «521, 223 «236, 499
53. 615 a 34, 071 « 64,691 « 52, 934
Production, Rand
fine
ounces-934,714 901, 799 908, 888 898, 468 894, 156 907, 641 826, 363 874, 112 865, 822 898,418 868, 129 « 876,094
141,910
162,
280
184,
622
93, 222
Receipts at mint, domestic fine ounces. _ "93," 212" 86, 265 105, 985 155, 532
97, 751 101, 217
94, 439
116, 543 68, 845
Money in circulation, total
mills, of dol._
5, 350
5,355
5,632
5,681
5,616
5,656
5,811
5,341
5, 689
5, 339
5,368
5, 386
5, 355
Silver:
1,741
464
1,789
Exports
- _ _ thous. of dol._
3,321
7, 015
2,281
859
665
1, 425
2. 404
590
734
1, 638
3,494
a 2, 458
Imports
thous. of dol__ 21, 929
4,083
11, 602
4,106
4, 977
1,823
3, 593
1, 955
4, 435
5,431
2,128
Price at New York__
dol. per fine oz_.
.490
.384
.382
. 463
.361
.430
.442
.459
.452
.436
. 442
. 452
.452
Production, estimated, world ®
thous. offineo z _ _ 14, 911 13, 944
14, 158
12,692
15,012
13, 059
14,824
14, 866 «» 13, 695
13,640
16, 131
13, 427
16, 519
Canada
thous. of fine oz
1, 474
1, 378
1,747
1,618
1, 638
1,131
1, 015
1, 359
1,368
1, 085
1,351
1,543
963
a
Mexico
thous. of fine oz
4,324
6,033
5, 391
6, 000
5, 920
6,661
4. f 95
6,461
5, 321
6,000
7, 065
5,413
United States
_ . -thous. offineo z _ _ ?,G87
1,863
"1,853
1, 489
1,918
1, 502
2,791
2,312
1,781
2,025
2,
303
1,903
2| 389
Stocks, refinery, end of month:
United States
thous. of fine oz,.
5, 638
7, 805
5, 068
3,537
5, 274
10, 645
11,865
3,665
5,669
7,275
7, 174
7,907
8,919
Canada
_
_ _ _thous. of fine oz
1,862
1, 744
2, 402
2,141
2,257
2,340
1,909
1,758
2,055
2, 423
2,389
2, 449
2,630
NET CORPORATION PROFITS
(Quarterly)
Profits, total f
mills, of dol
315 2
415.6
309 2
Industrial and mercantile, total
ft
mills, of dol—
128.9
72.5
94.8
Autos, parts and aecessories—niills. of dol—
42.5
31.8
Foods . .
mills, of dol
26.2
20 7
20] 5
Metals and mining
mills, of dol .
9.2
7.6
9.0
Machinery _ _
mills, of dol
16
18
31
Oil
mills, of dol
17.8
18.7
2.8
Steel and railroad equipment
d
d
d
mills, of dol
47
10. 1
10 9
Miscellaneous
mills, of dol
37.7
38.9
38.1
|
52 3
Public utilities!
mills, of dol
56 9
59 1
Railroads, class I
mills, of dol
186 2
132 6
112 2
Telephones
mills, of dol__
_
48.2
47.2
49.1
Revised.
° Or exports (— ).
Deficit..
b
Quotation based on paper peso instead of gold peso as formerly. Former equivalent to 44 percent of latter. See note on p. 56 of the Mar. 1934 issue.
* New sorios superseding old series which covered the physical movement only. For earlier data see p. 20 of December 1932 issues, net gold imports.
t Revised series. For earlier data see pp. 18 and 20 of the July 1933 issue, insurance written and admitted assets; p. 18 of the June 1933 issue, premium collections, and
p. 19 of the July 1934 issue, corporation profits.
* Data are compiled by the Am^rlc^n Bureau of Mftta! Statistics and represent the estimated world output. The series previously presented in the SURVEY covered
the principal producing countries only \vhu'.h vv^re stated to produce 35 percent of tiie total. Actually, however, the percentages varied for the years indicated as follows:
1928, 87.9; 1929, 87.1; 1930, 85.5; 1931, 82. 0; 1932, 75.5, and 1933,* 77.5.
*m Par values of foreign currencies as given on pp. 86 and 87 of 1932 annual supplement were changed with the reduction in gold content of the United States dollar.
Decision of Treasurj^ and Federal Reserve to omit gold coin from circulation figures as of Jan. 31. at which time it was carried as $287,000,000, is not reflected in the
January total, which is the daily average figure for the month. Large increase in February total resulted from revaluation of the dollar to 59.06 percent of its former gold
content.
,I,Li
;?oi
October 1934
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
1934
33
1933
1934
tem
Antrim* |' SeP
' | October
Ootnhpr (1 N ovemJanuaryj ^August
,' December
ber
bef
AugUSt
March
April
May
June
26, 158
26, 118
26, 155
27, 053
July
FINANCE—Continued
PUBLIC FINANCE (FEDERAL)
Debt, °TOSS, end of month
mills, of dol
27, 080
Expenditures, total (incl. emergency) cf
thous. of dol— 523, 078
Receipts, total
thous of dol I 297,256
Customs _ _ _ _ _ _ _
_ thous o f d o l
22, 952
Internal revenue, total
thous. of dol-_ 229, 548
Income tax
-thous. of dol
22, 924
Reconstruction Finance Corporation loans outstanding, end of month:*§
Grand total
thous. of dol.. 2,691,917
Total section 5 as amended-.tb.ous. of doL. 1,297,412
Barik and trust companies including receivers
thous of dol
594, 905
Building and loan assoc thous. of dol__ 31, 494
lusurance companies
thous. of dol_. 31,678
Mortgage loan coinpanies-thous. of doL . 102, 081
Railroads, inel. receivers. -thous. of dol.._ 343, 189
All other under section 5_ -thous. of dol_. 134, 084
Total emergency relief and construction act
as amended
thcus. of dol 533, 864
Self-li(iuidating projects .. -thous. of dol— 107, 287
Financing of exports of agricultural surpluses
thous. of dol— 14, 985
Financing of agricultural commodities,
and livestock
thous . of dol - . 113,008
Amounts made available for relief and
work relief
thous. of dol. _ 298. 524
Total bank conservation act as amended
thous. of dol-- 803, 280
Agricultural adjustment act of 1933
thous of do)
CAPITAL ISSUES
Total, all issues (Commercial and Financial
Chronicle)
thous. of dol — 258,810
Domestic, total
thous. of dol— 208,810
Foreign, total
thous. of dol — 50, 000
Corporate, total
thous. of dol— 18,019
Industrial
thous. of dot... 10, 500
0
Investment trusts
thous. of doi
0
Land, buildings, etc
thous. of dol—
0
Long-term issues-.-.thous. of dol_.
0
Apartments and hotels... thous. of dol-.
0
Office and commercial-.. thous. of dol—
6,315
Public utilities
thous. of dol —
1,
204
Railroacls
thous. of dol—
0
MiscelJaneous
thous of dol
Farm loan bank issues
thous. of dol — 164, 111
Municipal, States, etc
thous. of dol.. 20, 680
Purpose of issue:
New capital, total
thous. of dol_. 179,548
Domestic, total
thous. of dol— 179, 54 S
8, 019
Corporate
thous. of dol—
Farm loan bank issues. -thous. of dol__ 153,111
Municipal, State, etc
thous. of dol— 18,418
0
Foreign
....thous. of dol —
Refunding, total
. thous. of dol— 79, 262
Corporate
thous. of dol - - 10, 000
Type of security, ail issues:
Bonds and notes, total
thous. of dol— 258,810
Corporate
thous. of dol— 18, 019
0
Stocks
thous . of dol . .
State and municipals (Bond Buyer):
Permanent (Ions term)
thous of dol
Temporary (short term)
thous. of dol—
SECtJRITY MARKETS
23, 099
23, 051
23, 050
23, 534
23, 814
320, 577
197, 533
32, 690
163, 158
14, 091
339, 452
333, 252
33, 793
318, 986
134, 343
508, 642
272, 747
31, 938
164, 148
10, 348
510, 375
219, 493
26, 565
135, 707
17, 783
725, 086
341, 776
24, 994
302, 432
128, 286
25, 068
26, 052
27, 189
997, 022 643, 965 623, 592 '2,983,939 563, 226 749, 347
478, 859
229, 118 / 3,024,210 / 434, 555 / 199, 278 1 246. 801 / 411,337 / 232, 712
26, 306
23, 275 23, 122
23, 792 21,041
20, 837
19,331
182, 405 174, 036 390, 353
153, 364 194, 294 362, 243
195, 592
15, 850 24, 803 228, 526
21, 075 23, 776 186, 161
21, 709
1,864,817 1,852,456 1,829,663 1,962,402 2,255,025 2,533,566 2,604.790 2. 665, 861 2, 712, 546 2,746,464 2,883,599 2,714,040
1,458,184 1,432,249 1,398,176 1,451,067 1,550,110 1,601,786 1,594,667 1, 509, 691 1,476,613 1,450,459 1,436,191 1,336,592
689. 180
78, 055
68,241
158, 357
331, 102
133,245
682, 318
75, 604
67, 793
158, 199
331,755
116,575
666, 463
72, 192
67, 596
157, 101
330,157
104, 367
689, 391
68, 534
65. 050
160, 612
333, 423
134, 057
711,425
66, 237
60. 930
177, 845
337, 080
190, 773
710,685
63,617
57, 383
180, 497
340, 726
248, 878
700, 278
60, 141
54, 249
167,610
365, 205
247, 183
657, 379
55, 854
51, 700
161, 574
345, 181
238, 003
627, 460
50, 799
38, 575
188, 008
344, 934
224, 064
613,397
45, 495
35, 929
191,393
344, 716
219, 559
598, 907
40, 442
34, 748
192, 150
353, 385
216, SCO
582, 200
30, 893
32,019
184, 790
354, 447
145,643
347, 315
41, 801
353,813
48, 540
362, 135
56, 038
397, 938
60, 020
433, 937
63, 451
514,519
71. 746
538, 204
71, 220
556, 223
80, 195
561, 229
82, 666
571,907
88, 560
612, 190
93, 009
571,964
96, 062
3, 402
3, 687
3, 912
4,498
6, 895
9,063
10, 076
11,073
12, 330
12,752
13,948
15, 185
2, 920
2, 571
3,170
34, 405
64, 576
134, 695
157,896
165, 951
167, 335
172, 034
206, 672
162, 175
299, 193
299,015
299, 015
299,015
299, 015
299, 015
299, Oil
299, 003
298, 898
298,561
298, 561
298, 542
59, 320
63, 096
66, 052
110,097
264, 189
410, 472
465, 130
593, 048
656, 187
704, 036
814, 707
781, 436
3, 300
3,300
3,300
94, 176
94, 176
0
26, 765
22, 903
0
90, 279
90, 279
0
6,511
6,511
0
0
0
0
0
0
0
0
0
83, 768
74, 566
74, 566
0
10, 150
15,351
0
0
0
0
0
550
0
250
14, 250
44, 166
90, 243
90, 243
0
7, 483
5,983
0
0
0
0
0
1,500
0
0
28, 000
54, 759
86, 984
86. 984
0
15, 336
3,366
146, 879
146, 879
0
26, 340
4,609
0
0
236, 245
235, 045
1,200
87, 524
5, 195
0
0
0
0
0
3, 862
0
30, 000
37, 411
59, 363
59, 363
0
3,109
3, 109
0
0
0
0
0
0
0
0
0
56, 254
0
12, 000
0
0
8, 900
62, 718
0
0
15, 000
6, 481
250
25, 000
95, 540
0
0
5, 583
76, 746
0
45, 000
103, 722
141,872
141,872
0
31, 781
6, 199
0
0
0
0
0
8, 000
17,582
0
32, 500
77, 591
305, 522
305, 522
0
33,167
420
0
0
0
0
0
4,000
19.747
9, 000
158,900
113,455
373, 362
373, 362
0
145, 779
1,569
310
400
400
0
0
43, 500
100, 000
0
135, 000
92, 583
45, 789
45, 789
14, 050
0
a
31, 740
0
« 9, 863
0
63,814
63,814
8,911
18, 000
36, 903
0
30, 362
17, 854
58, 702
58, 702
3, 109
0
55, 592
0
662
0
88, 257
88, 257
6,511
0
81, 746
0
2,022
0
57, 000
57, 000
15, 601
0
41, 399
0
17, 566
550
47, 775
47, 775
5, 983
5, 000
36, 792
0
42, 467
1,500
79, 121
79, 121
13, 058
7,000
59, 063
0
7,863
2,308
97, 276
97, 276
13, 770
3,000
80, 506
0
49, 603
12, 569
143, 404
143, 404
28, 241
15, 000
100, 164
0
92, 841
59, 283
1 02, 733
102,733
28, 823
12, 500
61,410
0
39, 139
2, 958
122,506
124, 50'i
liif>00
10l,5hO
0
183, 016
23, 747
216,6-15
216,645
20, 279
105,000
91, 366
0
156,717
125, 500
« 4 1,602
0
14, 050
85, 265
17,854
8, 911
56, 254
3, 109
3, 109
83, 843
58, 965
16,150
15, 601
84, 260
1,500
5,983
85, 926
15, 366
1, 058
142, 270
26, 340
4, 609
231, 550
87, 524
4,695
138,631
2S, 540
3, 241
296, 102
23, 747
9, 420
371,783
125, 500
1,579
110,885
16, 858
52, 191
43, 006
90, 391
53, 830
124, 941
21, 376
81, 125 * 194,700
59, 399
39, 393
1 34, 509
60, 461
«a 55, 652
55. 652
0
14, 050
14, 050
0
0
0
0
0
0
0
0
0
-41,003
a
a
o
o
6,436
8o
o
302, 474 «143, 242 •76,434 °104,871
74, 979 86, 175 25, 395 59, 341
a
l!2,923
18, 825
Bonds
Prices:
90. 80
89. 79
83.00
84.63
82.33
86.84
90. 17
All listed bonds, (N.Y.S.E.)..
dollars-- 88. 99
81.36
83.34
88.27
89.15
90.46
93. 16
91. 13
85.82
92, 00
84. 70
82. 98
92. 32
87.91
Domestic issues
dollars—
85.11
88.77
90.12
91.09
92.54
80. 15
79. 59
71.54
72.85
80.89
81. 57
80.79
74. 67
Foreign issues
dollars. . 78. 97
75.90
78.65
80.43
71. 34
Domestic (Dow-Jones) (40)
83. 89
81.66
84. 12
69.58
66.99
82. 93
72.67
62. .14
79.73
83.42
65.46
71.89
77.85
percent of par 4% bond76.83
77. 55
76.07
59.79
56. 50
53.51
72.34
76.72
62. 02
69.64
Industrials (10) - .percent of par 4% bond-56.53
63.83
Public utilities (10)
93.
48
91.
26
92. 59
88.34
76.57
75.83
87.37
79.47
70.37
75.
64
81.98
71.85
80.18
percent of par 4% bond—
Rails, high grade (10)
103. 47
85.74
104. 68
85.47
79.22
100. 50
101. 57
97.46
percent of par 4% bond— 102. 19
89. 95
83.07
89.05
95.19
Rails, second grade (10)
64. 59
71.45
62.34
58.38
71.84
69. 92
65. 72
52.77
64.41
71.22
71. 97
57.28
73.94
percent of par 4% bond—
99. 0
97.8
99. 3
87.9
95.1
89.9
86.5
82.6
83.6
97. 6
88.3
92.9
Domestic! (Standard Statistics) (60) -dollars—
97.0
105. 90
106. 47
103. 74
U.S. Government (Stand. Slat, ) * _ _ _ _ dollars. . 105. 42
103. 51 103.51 101. 39
104. 66
105. 34
103. 40
102. 74
100. 95
101. 43
66.04
65. 10
66.78
66. 54
57. 97
58. 78
61.53
Foreign (N.Y. Trust) (40) --.percent of par. 61.47
67. 73
70.22
67.78
58. 95
Sales on New York Stock Exchange:
Total
thous of dol par value 317, 140 216,818 234, 296 231, 520 296, 989 267, 259 413,391 373, 852 324, 464 356, 859 283, 899 260, 507 263, 750
64, 643
69, 290
15, 597
33, 886 34, 678 93, 536 41,865 70, 264
23, 606 47, 980
Liberty-Treas
thous. of dol. par value-- 151, 220
55, 496 65, 488
Value, issues listed on N.Y.S.E.:
43,
554
44,
337
43, 964
40,
875
42,
010
41,613
41,
581
41,
829
41,
761
41,
727
42.
406
41,
737
Par, all issues
.
mills, of dol—
41,765
35, 663
36, 113
33,851 34, 504
Domestic issues
mills, of dol— 36, 515 33, 376 33, 370 32, 680 33, 821 33,815 33, 792 33, 775 33, 771
7,
890
7,
902
7,851
7,822
8,212
7,955
8,195
8,014
7,962
8,189
7, 969
8,237
7,915
Foreign issues
mills, of dol—
39, 547
39, 473
37, 781 38, 239
Market value, all issues
mills, of dol— 39, 454 35, 218 34, 514 33, 651 34, 180 34, 861 36, 264 36, 843 37, 198
33,
223
33,
225
33, 277
28, 065 28, 778 29, 996
29, 342 28, 639 27, 681
30, 440 30, 764
31,325 31,855
Domestic issues
mills, of dol
6, 324
C, 249
6,177
6, 435
5,970
6,456 . 6, 384
5,877
5,875
6,115
6,083
6,268
6,403
Foreign issues
mills, of dol—
a
Revised.
* New series. For earlier data see p. 20 of the August 1933 issue, Reconstruction Finance Corporation and p. 20 of the June 1933 issue, U.S. Government bond prices.
§ This excludes the amount outstanding of $435,914,728 on Jan. 31. $478,243,891 on Feb. 28, $486,686,553 on Mar. 31, $486,717,731 on Apr. 30, $487,635,731 on May 31, $493,112,904 on June 30, $499,251,915 on July 31, and $499,251,915 on Aug. 31, 1931, representing payments made to States by the R.F.C. under the Emergency Relief Act of 1933
upon certification of grants by the Federal Emergency Relief Administrator.
I Includes $2,808,221,133 for February, $2,233,252 for March, $409,051 for April, $298,868 for May, $213,447 for June, $272,163 for July, and $268,204 for August, representing
the increment resulting from reduction in weight of gold dollar.
o The figure for expenditures includes $2,000,000,000 exchange stabilization chargeable against increment in gold.
<? Series revised to include emergency expenditures. Figures as shown in Survey for months prior to May 1932 are comparable with this series. Comparable figures
beginning May 1932 to March 1933 are as follows: 1932, May, $470,444,000; June, $888,121,000; July, $497,681,000; August, $372,767,000; September, $280,639,000; October,
$456,692,000; November, $282,980,000; December, $S3S,866.000; 1933, January, $359,509,000; February, $360,341,000; and March, $439,475,000. Later data are in monthly
numbers.
34
SURVEY OF CURRENT BUSINESS
Monthly statistics through December 1931, 1934
together with explanatory footnotes and references to the sources of the data, may be found
in the 1932 Annual Supplement to the Survey August J August
October 1934
1933
1934
Novem- 1 Decem- January Februg£ ' October
ary
ber
ber
Se
m
March
May
April
June
July
FIN AN CE— Continued
SECURITY MARKETS— Continued
Bonds— Continued
Yields:
Domestic t (Standard Statistics} (60) .percent ..
Industrials (15).
percent-Municipals (15) t
percent- .
Public utilities (15)
percent-Railroads (15)
percent
Domestic, municipals (Bond Buyer) (20)
percent- .
Domestic, U.S. Government:
Treasury bonds*.
percent ..
Treasury notes and certificates (3-6
months)
,
percent-
4. 55
5. 12
3.81
4. 57
4.68
5.12
6.14
4.54
4.84
4.95
5.28
6.30
4.59
5.01
5.23
5.39
6.49
4.60
5.12
5.35
5.72
6.73
4.89
5.41
5.86
5.63
6.68
4.89
5.40
5.54
5.25
6.17
4.67
5.08
5.07
4.90
5.70
4.48
4.75
4.66
4.74
5.51
4.24
4.65
4.56
4.61
5.28
4.11
4.58
4.46
4.15
4.98
4.94
5.01
5.52
5.48
4.89
4.74
4.56
4.27
2.99
3.21
3.20
3.22
3.46
3.53
3.50
3.32
3.21
3. 12
.01
.04
.09
.22
.29
.25
.08
.01
349, 620
101, 800
391, 589
90, 700
645, 205
180, 150
412,855
109, 950
566, 059
115, 600
891, 926
301, 260
403, 348
152, 750
406, 867
139, 600
88, 100
4,900
2, 700
247, 820
70, 100
6, 800
500
300, 889
129, 750
18. 200
4,300
465, 055
98, 500
2,000
2,300
302, 905
99, 100
5,700
700
450, 459
247, 300
26, 960
3,975
590, 680
129, 300
13, 600
1,700
250, 598
211,432
197, 493
13, 939
164, 629
158, 577
6,052
123, 492
117, 263
6,229
259, 518
243, 742
15, 776
191,995
165, 023
26, 972
201, 854
174, 709
27, 145
212,413
188, 244
24, 169
970. 6
923. 84
978. 8
923. 78
978.2
923. 80
1,017.8
926. 13
1,023.4
926. 13
1,038.7
926. 42
1. 05
3. 99
L 66
2. 15
.90
1.06
3.99
.75
1.66
2.11
.90
1.06
3.99
.76
1.66
2.07
.91
1.10
3.55
.82
1.66
2.07
.91
1.11
3.61
.83
1.67
2.07
.91
1.12
3.58
.85
1.67
2.06
.98
91.6
20. 5
35. 4
79. 16
130. 46
27. 86
67. 8
76.7
64. 6
35. 6
98.4
30.8
49.6
88.24
135. 86
40.63
75.1
78.8
87.1
49.4
100.3
27.9
47.2
86.46
135. 45
37.49
74.8
80.7
80. 1
47.2
92.8
96.4
24.9
23.7
38.9 i1
38. 6
79.54
82. 87
i! 127.86
134. 22
31.52
31. 23
69. 1
1
69. 5 I
!
75.5
76.7
70.0
75,0
1
40.3 i
38.4
99.3
23.2
40.5
85.18
137. 27
33. 12
70.4
78.8
67.3
40.3
53. 4
65.1
16, 693
58.3
58.2
42, 466
42.5
47.1 '
50.7 i
51.8
56.6 !
53. 5 I
43, 319 ! 39, 379 | 33, 646
32, 618
1,310
36, 670
1,290
32, 730
1,293
4.00
3.60
6.30
3.71
3.25
2.93
4.78
2.73
3.37
2.96 !
5.48
2.93
5.71
6.20
6.26
Cash Dividend and Interest Payments
and Rates
Total (Journal of Commerce)
thous. of dol...
(33)
Dividend payments
thous. of doL.
()
Industrial and miscellaneous
(3)
thous. of doL.
Railroads, steam
thous. of doL.
V)
Railways, street—
_. thous. of dol..
( :i )
Interest payments
thous of dol
(:!)
Dividend payments (N.Y. Times)
thous. of doL. 245, 625
Industrial and miscellaneous.. thous. of doL. 230, 338
15, 2S9
Railroad
thous of dol
Dividend payments and rates (Moody' s):
Dividend payments, annual payments at
current rate (600 companies). mills, of dol— 1, 128. 9
Number of shares, adjusted
millions-- 91S. 08
Dividend rate per share, weighted average
1.23
(600)
.
dollars-.
Banks (21). .
dollars
3. 77
.98
Industrials (492)
dollars
1.71
Insurance (21)
.
dollars
1.98
Public utilities (30)
dollars..
1. 20
Railroads (36)
dollars
Stocks
Prices:
Dow-Jones:
Industrials (30)..
dol. per share-Public utilities (20)
dol. per share-Railroads (20)
dol. per share-New York Times (50)
dol. per share..
Industrials (25)
dol. per share ._
Railroads (25)
dol. per share-Standard Statistics (421)
1926-100
Industrials (351)
1926-100
Public utilities (37) .
1926=100
Railroads (33)....
1926=100..
Standard Statistics:
Banks, N Y (20)
1926-100
Fire insurance (20)
1926=100-Sales, N.Y.S.E
...thous. of shares
Values, and shares listed, N.Y.S.E.:
Market value all listed shares, .mills, of dol—
Number of shares listed
.millions
Yields:
Common, Standard Statistics (90). .percentIndustrials (50)
_
percent-Public utilities (20)
percent—
Railroads (20).,.
percent-Preferred, Standard Statistics:
Industrials, high grade (20)
percent-.
Stockholders (Common Stock)
American Tel. & Tel. Co., total
number-Foreign
number
Pennsylvania Railroad Co., total
number..
Foreign
number..
U.S. Steel Corporation, total
number. .
Foreign
number
Shares held by brokers
percent of total
::::::::
682, 299
7,629
240, 237
3, 234
186, 105
3, 171
IS. 66
:
'
!
!
;
4.56
5.29
3.93
4.57
4.47
4.47
5.19
3.73
4.51
4.45
4.17
4.01
4.05
!
3. 01
2. 94
2. 85
576, 940
162, 800
(3)
(33)
()
(33)
()
111,200
15, 600
1,200
267, 267
111, 050
17, 900
6, 400
414, 140
(3)
(3)
(3)
(3)
(33)
(3)
(3)
()
(33)
( 3)
( 3)
()
177, 807
172,416
5,391
162, 170
155, 651
6,519
264, 155
246, 149
18, 000
217, 544
182,794
34, 750
113,295
107, 860
5, 435
1, 063. 4 1, 079. 8
926. 87 929. 04
1,073.4
929. 04
1.094.5
929. 04
1, 105. 1
929. 04
1,113.4
918. 05
1.15
3.58
.88
1.67
2. 06
.98
1.16
3.58
.90
1.69
2.06
.98
1. 16
3. 58
.91
1.70
1. 98
.98
1. 18
3.58
. 94
1.70
l.DS
.98
1.19
3.60
.95
1.70
1.97
1.09
1.21
3.77
.96
1.71
1.97
1.20
102.7
25.2
44.9
88. 21
140. 48
35.95
75.6
84. 0
73.2
45.5
107.3
28.4
50.8
94.35
147. 91
40.79
80.5
88.4
80.6
50.0
102. 1
26.4
48.1
90.06
141.30
38. 83
77. 1
84.9
76.1
47.6
104. 3
26.0
49. 5
92. 36
144. 84
39.88
79. 6
88.3
76.3
49.3
95. 3
23. 1
43. 6
82. 66
131.17
34. 15
71.8
79.6
69. 8
43. 3
96.7 1
23. 8 .
44.3 !
85.71
135. 70 i
35.73
73.5
81.4
71.9
44.1
94. 5
22. 2
40*7
83. 00
133. 87
32.12
71.4
79.7
69.2
41.2
42.4
49.9
34, 878
51.6
57.5
54, 567
57.8
64.2
56, 830
56.7
62.8
29, 916
60.4
66.9
29, 847
58.6
65. 2
25, 343
58.7
66.7
16, 802
57.8
66.8
21, 116
30, 118 ! 32,542
1, 295
1, 293 i
33, 095
1,293
37, 365
1,293
36, 658
1,293
36, 700
1,294
36, 432
1, 295
33,817
1, 294
34, 440
1,295
30, 752
1,294
3. 59 :
3. 25 1
5.61
2.51 |
3.65
3.26
6.13
2.62
3.59
3.21
6.24
2.48
3.36
3.04
5.59
2.25
3.10
2.81
4.94
2.18
3.33
3.00
5.50
2.32
3.25
2.90
5.58
2.24
3. 58
3.25
5.83
2.54
3.55
3.29
5.44
2.49
3.67
3.38
5.73
2.69
6.38
6.51
6.50
6.30
6.01
5.96
5.82
5.78
5.73
5.67
F;;;;;;
:.:::::.:
i
680,454
7, 418
238, 876
3,208
187, 978
3,450
! 18 sn
(3) .
675, 426
7, 686
i 233,826
i 3,165
190,745
;! 3,785 1
19. 73 -
671, 052
7, 563
! 235,809
3,174
186, 612
3,770
19 01
:
:;.; ; :;
4. 45
5.10
3.75
4.47
4.47
FOREIGN TRADE
j
INDEXES
Value:
Exports, unadjusted
1923-25—100
Exports, adjusted for seasonal 1923-25 = 100._
Imports, unadjusted
. 1923-25 = 100
Imports, adjusted for seasonal -19 23-25 = 100. _
Quantitv, exports:
Total agricultural products. _ _ . 1910-14 = 100. .
Total, excluding cotton
1910-14 = 100—
45
49
37
39
35
38
48
50
42
40
45
48
51
42
47
46
49
42
40
40
51
45
t?
42
46
54
66
50
97
57
120
77
111
79
109
93
%42
43
47
41
42
50
50 \
49 ;
44
47
50
45
42
42
45
48
47
45
50
42
44
43
48
39
43
93
72
80
63
75 j
67
60
63
50
60
59
48
46
46
VALUE §
Exports, incl. reexports
thous. of dol
171, 965 131, 473 160,119 193, 069 184, 257 192, 638 172, 174 162, 805 191,015 i 179, 444 160, 207 170, 574 161, 787
By grand divisions and countries:
i
8,502
6,595 1 5,708
5,637 J 7,064
3,940
4,999
4,166
4, 535
4,670
5, 899
3. 740
Africa
__ _
thous. of dol
6, 659
35, 935
24, 446 1 32, 120 35, 050
37, 573 40, 878 35, 903 34, 229 37,641 I 37, 490 i 27, 538 1 38, 393
38, 132
Asia and Oceania
thous. of dol
12,812
11,507
16,310
14, 926
16,295 I 14,824
16, 763
Japan
thous. of dol._ 13, 857
10, 157
15, 599
16,825
17, 056
18, 259
61,814
62, 746
Europe
thous. of dol.. 68, 728
81,874 108, 596
94, 864 102, 208 90, 030 82, 182 92,496 80,150 ! 66,692 67,618
7,263
6,379
13,200
8,140
12,384
17,041
10. 935 12,909 i 10,674
8,476
14, 082
France
thous. of dol__ 10, 476
12, 129
7,703
13,
820
15,392
!
10,
824
6,
847
8,230
15,
728
8,998
Germany
thous. of doL. 10, 803
13, 728
17, 720
16, 873
13, 577
* New series. For earlier data see p. 20 of the August 1934 issue, yield on United States domestic Ions; term bonds (all issues except those due or callable within 8 years.)
t Revised series. For earlier data see p. 19 of the April 1933 issue, yield on domestic and public utility bonds.
§ Data revised for 1932. See p. 34 of the March 1933 issue. Other revisions for the year 1932 were shown on p. 34 of the April, May, December, 1933, and January 1934
issues.
For revised data for months of 1933 see p. 20 of the September 1934 issue,
3 Comparable data not available.
35
SUEVEY OF CUREENT BUSINESS
October 1934
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
1934
August
1933
I
1934
DecemAugust SeptemOctober November
ber
ber
January February
March
April
May
June
July
FOREION TRADE— Continued
VALUE— Continued
Exports, incl. reexports— Continued.
By grand divisions and countries — Contd.
Europe — Continued.
Italy
thous. of dol
4, 951
30, 694
United Kingdom
thous. of dol
North America, northern
thous. of doL_ 27, 852
Canada
thous. of dol _ 27, 257
North America, southern
thous. of doL. 14, 073
4, 765
Mexico
thous. of dol
16, 522
South America
_ thous. of dol
4, 437
Argentina
thous. of dol_.
3, 965
Brazil
thous. of dol _
1,329
Chile
thous. of dol__
By economic classes:
169, 832
Exports domestic
thous. of dol
Crude materials
thous. of dol__ 39, 662
17.8
Raw cotton
mills, of dol
Foodstuffs, total
thous. of doL_ 22, 071
5, 287
Foodstuffs, crude
thous. of doL.
Foodstuifs, marmfact'jred.-thous. of dol_. 16, 784
7. 7
Fruits and preparations_.mills. of dol_.
5.8
Meats and fats___ - -_ mills, of dol ..
3.0
Wheat and
flour
mills of dol
29, 403
Manufacture^ SPIIHthous. of dol
Manufactures, finished ... thous. of dol_. 78, 690
15. 3
Autos and parts
mills, of dol...
4.1
Gasoline
miUs. of dol
20. 2
.Machinery
mills
of
dol
119,515
Imports, total J1
thous. of dol
Imports for consumption *
thous. of dol.. 117,288
By grand divisions and countries: #cf
2, 260
Africa
thous. of dol
Asia and Oceania
.. .. thous. of doL. 34, 368
8, 805
Japan
thous. of dol
Europe
thous. of dol _. 35, 788
4, 198
France
thous. of dol__
5, 515
Germany
thous. of dol
Italy - - - - - ... thous. of dol . 2,771
7, 649
United Kingdom
thous. of dol
North America, northern
thous. of dol__ 19, 260
18, 759
Canada
thous. of clol
North America, southern
thous. of doL- 10, 651
2, 962
Mexico- ._
thous. of dol .
South America
thous. of d o l _ _ 14, 961
1,159
Argentina
thous. of dol..
6, 671
Brazil
thous. of dol
1,038
Chile
fhous of dol
By economic classes: #c?
34, 237
Crude materials
thous. of dol
17, 748
Foodstuffs crude
thous. of dol
Foodstuffs, manufactured . __thous. of dol.. 13, 100
Manufactures, semithous. of dol__ 22, 973
Manufactures, finished
thous. of doL. 29, 230
3, 595
24, 686
20, 768
20, 301
10, 885
3, 313
8,889
2, 897
2,088
338
7,239
28, 474
21, 484
21, 000
9, 462
3,324
10,643
3, 588
2,650
656
8,537
39, 532
21,838
21, 486
11,181
3, 499
12, 237
4,141
3,194
458
5,934
33, 564
23, 252
22, 833
11, 648
3, 685
12, 249
4,559
2,862
491
6,728
43, 878
18, 898
18, 513
11, 791
3, 456
12, 965
3.322
3,626
777
5,754
32, 244
19, 096
18,812
12, 342
4,136
10, 864
2, 942
2,938
545
6,291
27, 962
19, 879
19, 602
11,788
3,764
9,728
2, 552
2,838
593
5,327
32, 288
25, 798
25, 363
15, 405
4,382
13, 081
3,909
3,400
654
4,596
28, 840
26, 650
26, 254
15, 989
4, 668
13, 449
3.619
3,169
1,020
4, 853
25, 922
32,415
31, 989
14, 927
4, 753
12,998
3, 368
2 989
883
4,276
24, 862
28, 515
27, 987
15, 064
4,666
13,919
3,504
3, 343
1,048
4,275
24, 380
27,281
26, 761
14, 656
4,762
13, 597
3,692
3,216
814
129, 315
41, 968
28.2
16, 886
3,062
13, 824
5.6
5.4
1.5
20, 463
49, 998
8. 1
3.4
11. 1
154, 918
152, 714
157, 490
63, 611
45.3
18, 701
3, 398
15, 302
6.8
5.9
1.3
21, 261
53,916
8.3
3.9
11.7
146, 643
147, 599
190, 842
81, 794
54.2
23, 510
5,042
18, 468
11.0
6.2
1.2
24, 445
61, 093
8.6
6. 5
13. 5
150, 867
149, 288
181,291
71, 299
48.8
24, 055
6,653
17, 402
9.7
6.6
1.6
24, 195
61, 743
7.3
7 2
128, 541
125, 269
189, 808
73, 071
44.3
24, 344
7,464
16, 880
8.3
6.7
3.9
28, 497
63, 897
9.3
4. 1
15.8
133, 518
127, 170
169, 531
60, 402
41.5
22, 693
7, 294
15, 399
8.4
6. 1
3.1
25, 018
61,418
10.8
4.8
14.4
135, 513
128,738
159, 671
54, 218
37.7
19, 569
6,894
12, 675
6.8
5.4
2.7
24, 456
61, 428
13.2
4.3
14.6
132, 656
125,011
187, 495
55, 276
34.7
20, 073
6,139
13, 934
5.5
5.9
3.2
31, 382
80, 764
20.6
5.6
18.3
157, 908
153, 075
176, 499
45, 878
24.5
17,821
5, 348
12, 473
4.4
5.1
3.7
29, 361
83, 440
21.5
5.8
19.2
146, 517
141, 137
157, 171
37, 975
17.6
16, 816
3,994
12, 822
3.3
6.8
1.9
26, 189
76, 191
20.6
3.8
17.0
154, 647
146, 866
167, 957
47, 003
28.9
14, 923
3,023
11, 900
4.0
5.7
1.1
27, 923
78, 108
20.0
4.0
18.6
136, 082
135, 048
159, 242
37, 199
20.3
17, 058
3,685
13, 373
2.9
5. 7
1.6
28, 834
76, 152
18.4
3.5
18. 9
127, 342
124, 123
3, 179
47, 026
14, 101
51, 149
5, 410
8,702
3, 473
14, 073
17, 962
17, 668
11, 128
2, 503
24, 475
6, 232
9, 063
806
3,915
43, 398
14, 217
49, 981
5,668
8,506
3, 108
12, 093
20, 493
19,979
10, 989
1,873
17, 866
4, 538
6,561
1, 092
2, 303
45, 604
14, 503
51,908
5, 116
7, 667
3,838
15, 253
20, 070
19, 618
9,848
1,766
21, 134
5, 942
8,095
1,545
2,764
39, 049
11,657
43, 577
5,627
6,604
3, 180
9,254
17, 890
17, 123
9, 789
2,305
15, 473
3,420
5,885
953
2, 587
39, 476
10, 372
42 292
6, 891
6,894
2,915
8,252
22, 083
21, 200
9, 675
3, 295
17, 406
2,315
8, 256
1,018
2, 542
44, 714
9, 530
37, 303
4,491
6,472
2,847
7, 997
17, 195
16, 397
9, 317
2,824
17, 704
2,379
7,826
1,236
2,780
36,211
9,114
44, 765
7, 436
6,075
2, 852
11, 033
14. 343
14, 163
8,472
2,859
18,721
2, 727
8,561
898
4,785
48, 893
11,453
45, 753
5,611
7,495
3,613
11, 357
18, 208
17, 929
10, 768
3, 922
24, 620
3,365
9, 436
2,631
3,700
51, 746
10, 186
37, 545
3,898
5,738
2, 912
9.008
16, 506
16,271
9, 720
3,110
21, 921
3, 076
7,127
3,784
55, 877
10, 121
39,412
4, 320
5, 469
2, 988
10, 302
19, 242
18, 735
10,912
3,000
18,818
2,981
5, 496
2,288
3 ?22
2, 806
49, 146
9, 279
35, 823
4, 189
5, 168
2, 474
7,881
18, 468
17, 856
13, 039
3, 466
16, 800
1, 683
5, 635
1, 325
2, 335
38, 335
8, 599
37, 899
3, 534
5, 354
2,651
9, 703
19, 360
18, 697
9, 285
2,441
16, 908
2,010
6,583
1, 448
50, 755
19, 758
15,611
35, 122
33, 673
48, 334
16, 846
14, 366
33, 496
33, 601
46, 886
17, 741
17, 088
33, 181
35,971
37, 281
14, 853
15, 783
27, 838
32, 805
36, 233
18, 458
23, 910
27 236
27, 680
35, 726
18, 423
20, 840
26, 415
27, 334
36, 894
20, 997
17, 299
22, 220
27, 602
44. 862
26, 108
22, 482
29, 728
29, 847
41,000
21,916
23, 676
26, 118
28, 418
42, 812
18, 406
27,913
26, 889
30, 846
42, 578
17, 283
21,977
26, 849
26, 361
39, 086
17, 239
11,860
27, 464
28, 474
7,011
136
7,392
122
6,961
149
8.143
8.143
790, 773 833, 230
~
8.143
751, 053
8.143
697, 676
TRANSPORTATION
TRANSPORTATION
Express Operations
Operating revenue
thous. of dol__
Operating income
- thous. of dol_Electric Street Railways
8.143
Fares, average (320 cities)
cents_654, 485
Passengers carried f
thousands
Operating revenues
_ thous. of dol__
Steam Railroads
Freight carloadings (F.R.B.):
Index unadjusted
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
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 1
1923-25=100
Ore
1923-25=100
Miscellaneous
1923-25=100
Total cars K
_-.
thousands-.
Coal
thousands ...
Coke . - --. .- -- thousands
Forest products
thousands
Grain and products
thousands-Livestock
thousands
Merchandise, l.c.l
thousands..
Ore
_
- - thousands
Miscellaneous
thousands-..
63
ie'o
AND
COMMUNICATIONS
6, 374
138
6,743
139
6,719
132
6,789
139
7, 090
133
6,641
140
6,590
142
8.136
637, 278
45, 055
8.143
650, 745
44, 225
8.143
704, 963
47, 956
8.143
688, 201
46, 962
8.143
741, 119
8.143
750, 249
8.143
698, 933
65
7,052
136
8.143
640, 278
68
66
58
60
56
61
64
60
63
63
63
72
70
71
77
69
85
82
55
57
58
61
54
59
67
53
59
86
71
48
58
38
56
31
37
35
33
32
26
26
31
34
33
30
33
35
64
64
84
69
65
66
58
65
78
95
63
57
61
50
95
63
68
53
60
47
46
46
70
40
48
49
69
65
70
70
64
65
67
65
64
67
65
67
67
90
73
96
68
17
8
8
8
10
59
83
19
87
63
64
68
69
55
60
55
58
64
68
71
65
70
61
59
60
64
58
63
64
59
62
64
66
63
61
74
58
62
67
68
65
65
78
68
69
63
66
87
61
39
53
61
60
52
55
76
50
71
56
43
58
35
32
29
33
34
31
30
30
32
31
33
33
30
53
70
57
57
62
59
68
68
74
79
75
75
90
56
53
107
51
51
51
47
52
48
52
54
84
46
69
65
66
68
66
70
68
67
65
65
66
65
65
53
24
34
43
59
49
33
34
41
38
39
48
46
59
57
59
57
71
69
61
67
66
67
62
68
68
2,420 « 2, 531
2,606
3,205
2,366
2,565
2,178
2,309
2,335
2,442
3,059
3,078
2,346
383
502
«500
625
500
570
519
575
401
730
427
502
373
17
34
27
35
27
26
31
40
23
45
27
18
34
98
"111
123
89
93
91
73
87
97
101
118
123
83
160
124
"119
156
119
129
118
120
106
148
112
174
171
124
«67
93
82
101
75
70
61
65
67
65
77
89
°682
842
638
691
742
667
615
627
664
828
660
789
613
M45
111
184
116
15
30
12
12
19
29
83
166
125
892
968
«S82
1, 138 i
843
909
739
785
1,105
950
1,214
967
875
a
* New series. Earlier data on value of imports for consumption will be shown in a subsequent issue.
Revised,
t Revised series. For earlier data see p. 19 of the August 1933 issue.
# Beginning with January 1934 import data represent imports for consumption and are not comparable with earlier figures which consist of general imports. See explanation on p. 9 of the March 1934 issue.
H 1Data for September and December 1933, March and June 1934 are for 5 weeks; other months 4 week^?,
d Data revised for 1933.^For months.not.sbown above see p. 20 of this issue.
57
35
72
55
SURVEY OF CURRENT BUSINESS
October 1934
I
1933
Monthly statistics through December 1931,
1934
together with explanatory footnotes and refer- 1
ences to the sources of the data, may be found
Decem- January Februin the 1932 Annual Supplement to the Survey j August August : Seg£m' October Novemary
ber
ber
1934
March
April | May
:
June
i
j
July
TRANSPORTATION AND COMMUNICATIONS—Continued
TRANSPORTATION— Continued
Steam Railroads—Continued
Freight-car surplus, total _ ....thousands
Box
thousands
Coal
thousands
Equipment, mfrs. (See Trans. Equip.)
Financial operations (class I railways) :
Dividends paid. (See Finance.)
Operating revenues f
thous. of dol..
Freightf
thous. of doL.
Passenger f
thous. of dol 1
Operating expenses f
thous. of clol i
Net railway operating income t— thous. of dol_.
Operating results (class I roads):
Freight carried 1 mile
mills, of tons..
Receipts per ton-mile
- - cents
Passengers carried 1 mile
millionsWaterway Traffic
Canals:
Cape Cod
thous. of short tons..
New York State
thous. of short tons
Panama, 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.. |
398
237
106
380
223
106
385
228
111
441
253
136
297, 018
241, 242
32, 242
202, 453
60, 978
292, 147
235, 434
32, 014
199,416
60, 936
294, 342
239, 603
29, 835
204, 694
57, 265
26, 468
. 999
1,717
26, 130
1.006
1,716
26, 412
.990
1, 584
1 J7*
254
CJ3
1,914
1,012
9SO
7, 6<)1
2, 227
1, 212
233
517
1,797
961
1, 129
8, 453
2, 166
1,372
299
593
2, 126
1,082
1,041
7, 154
2,394 i
1, 353
1
281
664
1,950
964
775
3,014
2, 477
1,070
235
0
2, 192
922
6
172
2,405
131
262
0
2, 087
846
0
0
2,455
0
112
0
2,124
979
0
0
2, 035
0
Li
351
234
219 1
222
201
S53
31
97 i
429 1
97 !
1,075 i
350
209
119
N
'), ' l 0
!
Rivers:
Allegheny..-.
thous. of short tons_ . ;
Mississippi (Government barges)
thous. of short tons..
Monongahela
thous. of short tons..
Ohio (Pittsburgh to Wheeling)
thous. of short tons..
Ocean traffic:
Clearances, vessels in foreign trade f
thous. of net tons..
Foreignf
thous. of net tons..
United States!
thous. of net tons,.
Shipbuilding. (See Trans. Equip.)
Travel
Airplane travel:
Passengers carried*
number..
Passenger miles flown* thous. of miles..
Hotel business:
Average sale per occupied room
dollars..
Rooms occupied
percent of total..
Foreign travel:
Arrivals, U.S. citizens
number_.
Departures, U.S. citizens
number..
Emigrants
number.
Immigrants
number..
Passports issued
numberNational parks:
Visitors
number.
Automobiles
numberPullman Co.:
Passengers carried
thousands.
Revenues, total
thous. of dol..
COMMUNICATIONS
Telephone (class A companies):
Operating revenues
thous. of dol.
Station revenues
thous. of dol.
Tolls, message
thous. of dol.
Operating expenses
thous. of dol.
Operating income
thous. of dol_
Stations in service, end of mo
thousandsTelegraphs and cables:
Operating revenues
thous. of dol.
Commercial telegraph tolls, .thous. of dol.
Operating expenses
thous. of dol.
Operating income
thous. of dol.
i!5
434
248
129
375
225
94
257, 676
209,912
24, 972
191, 824
37, 566
245,330 258,006
191,667 i 208,780
29,312 I 27,200
187,081 i 195,849
37, 764
30, 931
248, 439
201, 661
25, 377
] 88, 591
29, 281
23, 936
.965
1, 223
22,001
23,762
.961 !
.969
1,491 ;
1,346
23, 198
.963
1, 234
I
600 I
6,365
4,05-1
2,301
5,786 j
3,741
2,045
65,181
22, 798
i
J
824 i
5.211
3, 274
1,937
50,413
19, 356
35, 667
13, 492
4,509 : 4,354 I 4,201
2,841 : 2,888 i 2,725
1,668 ! 1,466 1,475
26,711
10,411
2.97 I
53 |
i 46, 528 ! 25, 675
27,137 i 23, 285
! 3,784 ! 3, 856
i 2,9f>l i 3,004
i 5,913 I 4,790
13, 179 !
14,597 i
3, 232 !
2,251
4, 601
11,979
10,707
3, 187
2.324
3, 922
11,848
13,936
2,907
1,843
5,409
44,464
10,205
36,120 j
7,761 j
43,510 I
8,346 !
1,054
2,749
1,333
3,552
1,306 '
3,722
242 i[ 80, 662
830 ; 54, 229
421 l 19,818
767
58, 777
017 I 15. 609
448 I 14.449
81,563 j
55,012 !
19,657 !
56,803 i
16,714 I
14,483
2. 91 I
52 !
:
1,351 ;
3,621 l
I
j
659 i
5,349
3,392
1,957
441,795 j 182,954 i 75,140
117,261 ! 49,109 i 19, 933
1
106
1,387
2.93
57
2.98 i
49 i
43, 525
37, 626
5,120
2,628
7,540
415
463
264 ;
141 i
79,356
52.294
20.295
55,700
16,383
14,368
>
j
!
|
i
j
9,171
7,065
7,715
1,041
I
I
!
i
1,392 j
3,798 i
78,615
52. 668
19, 206
55, 271
15, 829
14, 427
80, 395
54, 250
19, 219
209
-,571 j
,444
j
1,863 '
i, 562
', 627
625
7, 557
2.85 j
58 I
9,076 j
6,970 !
8,101 :
561
2.95
57
! 15,334
i 18, 433
I
2,077 |
1,714
i
4, 190 i
!
57,526 j
9,344 i
19,479 18,213
18,003 j 18,984
2,343 !
3,126
19,760
132,030 ! 287,721 ! 570, 295
31,626 78,928 | 145,887
1,122
3,334
1,303 !
3,978 |
1,280
3, 710
533 ]
220 !
341 !
•80 i
799 |
523 i
272 j
360 '
513 i
CHEMICALS AND ALLIED PRODUCTS
1
;
|
CHEMICALS
i
j
j
!
Alcohol:
j
Denatured:
i
Consumption (disposed of)
13, 502 j 10, 781
7, 172 \ 5, 125
5, 398 1 6, 103
5,228
5,680
5, 589
5,505
7, 923
6, 448
thous. of wine gal
5,691 ! 5,264
5,456 | 5,870
12, 771
12, 072
5, 259
6, 192
o, 540
5, 574
7, 452
6,731
Production
thous. of wine gal
2,602
1, 114 jl 1, 245
1,298 ; 1,059
1,580
2, 544
1,316
1,076
2,063
1,801
1, 527
Stocks, end of month _thous. of wine gal
Ethyl:
13,810 ; 12,313 12,731 13, 478 12, 998
13, 702
Production
.thous. of proof gal
_. 12, 482 13, 968 16, 509 15, 979 j 15, 396 ! 13, 756
Stocks, warehoused, end of month
1
I
20, 642 ; 21, 590
13, 025
15, 606 ! 17, 184
24, 375
25, 893 27, 971
18, 948
28, 967
24, 595
25, 423
thous. of proof gal
Withdrawn for denaturing
8,776 \ 8,325
9, 032 ! 9, 668
8, 666
10, 148
9, 248
9,486 12, 478 21,775 20, 624
11,359
thous. of proof gal
i
I
Methanol, wood distilled:
Crude:
265, 596 243,183 ! 312,085 327,337 300, 303 360, 822 337,983 | 366,052 342,307 i 324,0631 298,165
256, 136
Production* f
gallons..
319. 158 337, 174 i 406, 939 ! 502, 803 485,853 j
Stocks, total* t
gallons..
0
Revised.
v
Preliminary.
* New series. Covers scheduled airlines operating in United States. See p. 20 of the February 1934 issue for earlier data and p. 20 of the April 1933 issue for methanol.
t Revispd series. For earlier data see p. 20 of the^April 1934 issue for operating revenues, operating expenses, and net railway operating income of class I railways; and
p. 36 of the May 1934 issue for methanol. For revisions of data for clearances of vessels in foreign trade, see p. 36 of the September 1934 issue.
37
SURVEY OF CURRENT BUSINESS
October 1934
!
1933
Monthly statistics through December 1931, | 1934
|
together with explanatory footnotes and references to the sources of the data, may be found
Novem- Decem- January Februin the 1932 Annual Supplement to the Survey August August Septemary
ber i October
ber
ber
1934
March
April j May
Jun<
July
CHEMICALS AND ALLIED PRODUCTS—Continued
CHEMICALS— Continued
Methanol, wood distilled — Continued.
Refined:
Exports
gallons
Price wholesale N" Y
dol. per galProduction*
gallons
Shipments*
gallons. .
Stocks, end of month*
gallons ...
Methanol, synthetic:
Production _
gallons- .
Shipments
gallons
Stocks end of month
.gallonsExplosives:
Orders new*
thous. o f l b .
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
dol. per short ton..
Production
short tons
Purchases:
From fertilizer nifrs
short tons,.
From others
short tons
Shipments:
To fertilizer nifrs
short tons
To others
short tons
77, 732
. 38
145, 657
.37
187, 555
1 66, 638
330, 679
106, 358
.38
101,484
.38
135,279 i 57,259
.38
.38
S60, 314 1,460,589 1,643,040 1,099,249 962, 185
955, 301 1,425,009 1,732,458 1,233,198 833, 978
1,178,525 1,214,105 1,124,687 990, 738 1,118,945
979, 686
690, 961
910, 872
23,318
28, 504
25, 584
27, 725
42, 458
.37
181, 625
97, 697
444, 179
25, 106
NAVAL STORES
Pine oil:
Production
gallons. _
Rosin, gum:
Price, wholesale "B", N.Y
dol. per bbl_.
Receipts, net, 3 ports
__bbl. (5001b.)_.
Stocks, 3 ports, end of month.bbl. (5001b.)._
Rosin, wood:
Production
_.bbl. (5001b.)_.
Stocks, end of month
bbl. (500 Ib.)..
Turpentine, gum:
Price, wholesale, N.Y
dol. per galReceipts, net, 3 ports
bbl. (50 gal.),Stocks, 3 ports, end of rnonth.bbl. (50 gal.) —
Turpentine, wood:
Production
bbl. (50 gal.)._
Stocks, end of month.
bbl. (50 gal.) ..
25, 107
55, 553
.37
163, 619
175, 608
447, 222
25, 084
96, 293
.37
144, 846
193, 398
309, 762
23, 256
38, 556
.38
52,612
.38
28, 348
.38
754, 980
897, 294
922,511
939,439
26, 958
24, 231
24, 812
23, 384
291, 366
313, 283
322,011
289, 089
117, 72S
92, 962
160, 688
154, 205
150, 097
161, 500
149, 236
133, 983
107, 842
83, 969
80, 214
1 5. 50
15. 50
131,016
15.50
133, 056
15. 50
158, 406
15. 50
155,407
15. 50
155, 695
15. 50
143, 811
15. 50
139,615
15. 50
132, 549
15.50
119,619
15. 50
107, 568
15. 50
92, 894
15.50
88, 049
12.547
16,745
29, 102
21, 804
17,765
23, 604
27, 126
31, 693
34, 589
33, 680
36, 181
23, 763
32, 312
29, 470
20, 151
27, 300
16, 945
27, 766
12, 158
22, 721
5,735
18, 793
3, 441
20, 577
7,411
25, 951
27, 790
29, 587
16,511
41,970
31, 215
38, 327
23, 276
36, 270
23, 994
33, 728
26, 507
38, 008
26, 664
27. 163
21, 242
22, 793
23, 733
34, 167
21, 926
30, 240
14,312
25, 894
10,242
25, 783
14,590
21,991
38
90, 433
8, 628
79, 428
352
102, 268
18 535
34, 369
150
3, 943
1, 541 1
4, 603
25, 845
57, 049
86
123, 287
19, 834
97, 479
375
107, 076
56, 682
5,248
9, 643
39, 006
100
116,584
9, 059
102, 986
763
123, 390
70, 729
29, 652
5,677
44, 548
65
117,954
11,813
102,115
281
119,527
60, 106
13, 762
7, 351
48, 685
190
81, 359
16, 824
59, 887
131
124,503
66, 554
23, 508
1,829
51, 600
358
60, 390
10, 227
48, 304
11
140, 327
95, 509
33, 690
3, 521
37, 242
499
109, 938
14, 240
91, 639
1,234
118, 692
37, 438
75, 950
289
206. 781
147, 722
74, 584
2, 267
55, 344
764
98, 294
18, 043
74, 287
206
178, 430
133, 706
80, 466
4,158
35, 845
157
113,752
2. 646
106, 354
426
103, 723
71,057
39, 321
5,847
17,310
51
105, 285
5, 004
90, 202
104
60, 707
44, 104
10, 504
1,910
13, 355
20
83, 382
4, 577
75, 000
273
69, 285
43, 576
10,970
1, 495
19, 205
1.295
1.295
1.295
1.350
FERTILIZER
Consumption, Southern States 1
48
thous. of short tons..
Exports, totalf
lone tons.. 120, 110
Nitrogen oust .
long tons _ 1(5, 553
Phosphate materials!
long t,ons_.. 108, 475
405
Prepared fertilizers
long tons..
Imports, totalt#
long tons.. 48, 442
Nitrate of sodaf— .
long tons.
Phosphatesf
long tons
Potash t
long tons _ _
Price, nitrate of soda, 95 percent, N.Y.
dol. per cwt...
Superphosphate, bulk:
Production
short tons..
Shipments to consumers
short tons
Stocks, end of month
short tons
36, 523
.37
106, 494
91, 462
459, 211
121, 845
70, 739
17, 343
2, 309
47, 293
1.295
1.295
1.350
1.350
1.350
1.350
1. 350
1. 350
262, 705
15, 403
691,913
240, 243
94, 436
735, 567
320, 307 334, 457 322, 783 328, 345 295, 334
40, 652
74, 090
59, 466
18, 329
20, 042
861, 546 1,011,529 1,089,179 1,130,174 1,124,243
285, 762
161,372
976, 775
232, 936
209, 026
806,914
168, 509
85, 508
820, 096
153, 236
21,403
839, 680
147, 084
9, 71 1
871,093
282, 24^
283, 152
258, 081
274, 095
269, 719
243, 196
305, 445
306, 375
293, 589
305, 273
293, 807
200, 020
201,410
5.31
109, 234
218, 250
4.96
113, 107
227, 943
5.08
91, 251
218, 280
4.85
90, 474
211, 422
4.84
81, 896
209, 218
4. 65
81, 627
210, 771
4.66
39, 219
171, 263
5.38
32, 640
152, 569
5.44
59, 443
142, 574
5.56
69, 496
156, 447
5.49
97, 905
161, 001
5. 40
102,417
171, 805
5. 31
116,019
200, 049
38, 537
105, 887
42, 961
57, 010
43, 213
60, 305
44, 821
65, 957
43, 197
71, 058
40, 433
73, 151
46, 850
83, 007
46, 016
86, 492
43, 753
89, 963
45, 454
90, 329
43, 243
98, 080
38, 554
98, 558
37, 037
105, 280
46
32, 473
65, 510
.48
33, 237
74, 920
.47
26,911
79, 563
.44
24, 479
79, 616
.47
18, 535
80, 383
.47
17, 352
81, 269
.52
4,985
68, 786
.62
2,639
54, 138
.59
8,721
46, 010
.59
17, 315
46, 465
.56
24, 658
42, 570
.51
27,014
47, 092
.48
31, 148
55, 171
5, 904
19, 078
6,779
5,496
6,642
8,004
6, 929
11, 626
6,880
14, 078
6,916
16, 433
7,970
18, 020
7,892
17,859
7,279
19, 253
7,729
20, 289
7, 050
20, 689
6, 393
19, 515
5, 547
19, 016
1. 350
OILS, FATS, AND ANIMAL
BYPRODUCTS
Animal fats and byproducts (quarterly):
Animal fats:
Consumption, factory
thous. of lb_.
190, 774
176, 561
177, 809
150, 070
Production
thous. of lb__
545. 950
579, 049
692, 340
5«4, 471
Stocks, end of quarter
thous. of Ib
!
444,620
373, 655
362, 129
417, 599
Gelatin, edible:
Production
thous. of lb._
i
3 585
1,328
3,602
4,886
—
Stocks, end of quarter
thous. of lb__
8,908
8,009
8, 594
9,561
Greases:
Consumption, factory
thous. of J b _ _
64. 722
50, 665
50, 744
64, 940
Production
...thous. of Ib
88, 529
90, 175
88. 154
85, 801
75 flri2
Stocks, end of quarter
thous. of Ib
79, 633
84, 600
97, 313
Lard compounds and substitutes:
Production
thous. of lb_.
! 218,114
247, 898
;_
_ 238, 336
240, 739
Stocks. end of quarter
thous. o f l b _ _
25. 133
23, 648
26, 599
27, 301
Fish oils (quarterly):
Consumption, factory _
thous. of Ib
44, 536
43, 104
38, 166
36, 092
Production
„ _ _ _ thous, of l b _ _
43. 936
39, 797
33, 158
9, 136
Stocks, end of quarter
thous. of lb._
161.411
151,614 —
„. 157,423
158, 396
Vegetable oils and products:
Vegetable oils, total:
Consumption, factory (quarterly)
789.311
thous. of lb__
652 544
617, 782
829 229
Exports
thous of l b _ _
883
444
504
1, 034
2,232 ! 5,223
4, 269
1, 094
2,524
2, 138
2,578
923
1,773
Imports t#
thous. of l b _ _ 41,302 79, 726 93, 139 86,451 j 90,331 55, 176 91, 959 66, 010 51, 535 70, 163 56, 668 59, 694
68, 665
Production (quarterly)
thous. of lb_.
812.514
301 986
547, 514
640 075
Stocks, end of quarter:
Crude.
thous. of lb__
564, 074
i
i 757,523
| 530,959
716, 692
Refined
thous. of Ib_.
655, 532
.
j
1 801,835
797, 171
870, 068
* New series. For earlier data see p. 20 of the April 1933 issue (methanol) and p. 19 of January 1934 issue (explosives).
1 Figures revised due to dropping of Missouri from Southern States classification. See p. 19 of the January 1934 issue for earlier data.
# Sec footnote on p. 35 of this issue. Monthly revisions for 1933 are shown on p. 20 of this issue.
t Revised series, see p. 36 of the June 1933 issue, for 1932 revisions, exports and imports of fertilizer and imports of vegetable oils; for 1933 revisions on exports see p. 20
of the September 1934 issue.
• Texas only. Louisiana produced 23 percent of United States production in 1933.
_:::::::.
38
SURVEY OF CURRENT BUSINESS
Monthly statistics through December 1931, 1934
together with explanatory footnotes and references to the sources of the data, may be found
! Septemin the 1932 Annual Supplement to the Survey August August i her
October 1934
1933
Der November
1934
D
m
«£ - ; January
Fe
ab™-
March
April
May
June
July
CHEMICALS AND ALLIED PRODUCTS—Continued
OILS, FATS, AND ANIMAL
|
BYPRODUCTS— Continued
1
Vegetable oils and products— Continued.
Copra and coconut oils:
Copra:
Consumption, factory (quar.).short tons..
76, 805
77, 944
74 697
65 439
10, 079
Imports #
short tons
31, 783 24 983 32, 530 36 312 30 182 23 786
18 079
21 698
12 037 | 24 519 20 599
37 352
Stocks end of quarter
.- short tons..
44, 537
49 190
59 831
35 386
Coconut or copra oil:
Consumption, factory:
Crude (quarterly)..thous. of lb._
161, 829
133, 934
178, 399
177 236
Refined, total (quarterly).thous. of lb._
81, 498
78 290
83 064
72 048
7,765 12, 659
In oleomargarine
thous. of lb__
14, 687
13, 251
14, 307
12,
745
13, 028
10, 558
13, 599
4,542
10, 559
9, 396
6,315
17,210 22, 727 33 887 36, 203 40 668 15 971 46 296 35 816 22 079 30 533 24 614 29 047
Imports #
thous. of Ib
35 742
Production (quarterly):
Crude
thous. of lb_.
96, 526
98, 579
95, 032
84, 291
Refined
thous. of lb_.
79 931
73 395
76 143
97 301
Stocks, end of quarter:
Crude
thous. of lb__
132, 530
182, 822
192, 808
174, 154
Refined
thous. of lb._
15 562
14 792
16, 400
39 886
Cottonseed and products: f
Cottonseed: t
, ,,
Consumption (crush)
snort tons _ 195, 761 "235 033 522 590 646, 532 576 957 446 204 471 078 440 480 346 330 170 588 110 312 90 597
96 167
Receipts at mills
- ..short tons__ .271, 145 a 236, 040 891 359 1,130,474 846 525 404 006 191 428 162 454 107 802 40* 744 55 365 52 143
40* 330
Stocks at mills, end of month-short tons.. 300, 023 "221, 945 589, 130 1,073,072 1,324,640 1,300,442 1,020,792 742, 249 503, 721 373, 877 318, 930 280, 476 224, 639
Cottonseed cake and meal: t
1,195
2,231
Exports t
short tons..
8,986 16, 494 10, 119 14 130
14 625
5,305
380
91
203
78
366
Production
short tons. _ 90, 633 aa 107, 335 232,851 289,617 258, 955 207, 711 211, 110 199, 972 163, 828 80 814 50, 880 41 800
44, 129
96,
147 177, 948 258, 257 313, 114 315, 070 312, 096 289, 538 279, 103 264, 299 252, 014 219, 748 176, 178
Stocks at mills, end of month .short tons..
128, 379
Cottonseed oil, crude: t
32, 795
Production
thous. of l b _ _ 59, 322 »71, 562 159, 454 201, 648 179, 866 137, 987 145, 587 136, 564 112, 547 58, 201 38, 676 27, 586
Stocks, end of month
thous. of lb__ 38, 670 «59,111 119, 580 145, 196 159, 877 168, 850 188, 908 173, 761 146, 569 109, 290 76,077 45, 045
35, 549
Cottonseed oil, refined:
Consumption, factory (quarterly)
thous. of lb._
248 412
263 371
252 827
257 527
6,280
In oleomargarine
thous. of lb_.
1,332
1,777
4,150
1,889
2 158
3 369
1 938
1 536
1 489
3 718
1 785
2 073
Price, summer yellow, prime, N.Y.
dol. per lb-_
.068
.042
. 052
.051
.059
.051
.050
.047
.045
.047
.052
.053
.043
42, 204
Production f
thous. of Ib-. 48, 522 "57, 393 77, 593 156, 657 151,963 122 426 110,950 132, 791 126, 978 95 850 63, 892 55 826
Stocks, end of month t
thous. of l b _ _ 543, 144 «641, 110 622, 799 676, 537 723, 138 769, 235 780, 992 811, 464 838, 547 844, 033 805, 216 740, 721 655, 584
Flaxseed and products:
Flaxseed:
Imports, United States #--- thous. or bu_.
695
821
2,515
1,524
1,690
1,637
1,805
1,981
1,898
484
1,031
806
1,144
Minneapolis and Duluth:
681
162
524
322
Receipts
thous. of bu._
1,123
118
1,568
250
155
298
288
148
139
152
98
Shipments
thous. of bu._
645
629
36
169
158
58
113
91
81
171
208
672
628
1,452
Stocks, end" of month
thous. of bu._
964
983
696
1,117
1,834
984
981
646
1,039
793
Oil mills:
Consumption, quarterly -thous. of bu._
5, 156
5,016
6,074
6,760
Stocks, end of quarter
thous. of bu_.
1,421
2,051
2,869
2,713
1.90
2.05
1.80
1.82
1.91
Price, no. 1, Minn.__
—dol. per bu._
1.89
1.88
1.88
1.90
1.91
1.77
1.82
1.77
Production crop estimate thous. of bu__ /5, 253
« 6 806
Stocks, Argentina, end of month
thous. of bu_. 3,543
3,150
1,772
6, 299
4, 724
7,283
5,118
2,939
2,362
1,575
2,362
4,331
6,693
Linseed cake and meal:
33, 441
32 126
Exports
thous. of Ib
34 328
58 686 52 481 56, 544 61 009 56 069 43 239 37, 766 38 080 38 136 31 739
Shipments from Minneapolis
5,292
thous. of lb-_
7, 628
5,871
8,938
6,648
9, 847
6,199
7,405
5.513
6,508
8,228 10, 760 10, 025
Linseed oil:
Consumption, factory (quarterly)
thous. of lb_.
78, 189
63, 712
70, 824
55, 778
~098
Price, wholesale, N.Y
-dol. per lb-_ """."699" """."165"
.099
."097"
."097~ "~~.~096~
.093
.104
.095 ""."693" ""."693"
"093"
98 026
Production (quarterly)
thous. of Ib.
97 452
113 413
133 906
3, 735
2,774
3,603
3,969
Shipments from Minneap. -thous. of lb._
4,864
2,436
2,337
2,859
3,644
1,679
5,351
1, 400
997
Stocks at factory, end of quarter
thous. of lb._
128, 413
160, 791
99, 632
157, 724
Lard compound:
.078
.086
.074
.073
.074
.073
Price, tierces, Chicago*
dol. per lb_.
.079
.069
.068
.074
.068
.073
.066
Oleomargarine:
'
Consumption (tax-paid withdrawals)
15,847
thous. of lb-_ 25, 736 19, 227 23, 446 22, 417 23, 597 23, 809 16, 861 21,350 j 22, 083 16, 146 20, 063 13, 870
Price, standard, uncolored, Chicago
.080
.080
.078
dol. per lb_.
.094
.070
.070
.095
.080
.070
.095
.078
.070
.073
16, 363
13, 986
Production
thous. of lb._ 22, 026 20, 859 21, 553 23, 664 23, 943 21, 386 17, 870 21, 572 23, 616 18, 023 18, 266
PAINTS
Paints, varnish, and lacquer products:!
17,715 i 23 193 27 769 33,679 28 794
20, 621 19 098
18, 944
Total sales
thous. of dol
16 234
16 156 20, 644
23 484
11,895 15,610 18, 436 22, 172
14, 163
12, 326
Classified
thous. of dol_.
13, 486
15,910
11, 223
10, 576
13, 007
18, 944
5, 639
8, 092
6,323
4,950
7,105
Industrial
thous. of dol_.
6,015
4,418
7,449
5,545
4,656
7,590
7,630
Trade
thous. of dol
7,840
7,376
6, 256 ! 8,505 10 846 14, 080
7 462
6 566
6 158 I 7,471
8 461
11 314
Unclassified (273 estab.)
thous. of doL.
5,820 ! 7,583
6,457
6,618
7,574
6,091
5,012
7,158
5,580
9,851
9,333 11,507
Plastic, cold-water paints, and calcimines:
Sales:
Calcimines
dollars.. 235, 325 143, 483 174, 793 154, 521 119, 733 137,964 134, 418 118,811 i 140, 743 271 929 322, 583
211, 782
21,330
Plastic paints
.dollars. . 25, 292 104, 376 79, 681 62, 429 84, 655 79, 792 61, 446 49,437 45, 136 44 706 39,825 ! 25 782
63, 442
Cold-water paints
dollars.. 71, 299 63, 572 56, 844 66, 913 63, 942 69, 745 54, 049 50, 452 69, 406 70, 783 93,204 , 77, 454
CELLULOSE PLASTIC PRODUCTS
Nitro-cellulose:*
Sheets, rods, and tubes:
1,585
965
1, 152
715
Production
thous. of Ib
1,387
1 435
973
909
798
948
1 598
778
1 384
956
1,551
1,277
1,252
748
1,221 i
1,046
Shipments
thous. of Ib
930
1,069
1 450
1,026
946
1 085
Cellulose-acetate:*
Sheets, rods, and tubes:
317
375
230
302
Production
thous. of lb__
214
207
512
258
325 i
358
436
405
510
264
383
232
218
352 :
279
418 j
351
300
Shipments
thous. of lb__
230
377
556
558
0
Revised.
* For earlier data on lard compound price see p. 18 of the January 1933 issue. Data not available for cellulose products prior to January 1933.
t Revised series. For year ended July 1932 see p. 20 of the February 1933 issue, cottonseed, and for the year of 1932 see p. 37 of the June 1933 issue, exports of cottonseed
cake and meal. Data revised for 1933; see p. 19 of the Sept. 1934 issue.
§ Since March 1932, detailed figures are not strictly comparable owing to changes in firms reporting.
• Dec. 1 estimate.
# See footnote on p. 35 of this issue. Data revised for 1933; see p. 20 of this issue.
/Sept. 1 estimate.
i
39
SURVEY OF CURRENT BUSINESS
October 1934
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
1934 j
August
August September
1934
October ; N ™^-
Decem- January Februber
ary
March I April
May
June
July
CHEMICALS AND AKLIED PRODUCTS— Continued
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
19,467
5, 687
17, 457
7,110
12, 434
5,989
14, 322
4,341
10,819
4,499
7, 352
5,003
8,868
8,037
7,722
6,647
13,817
6,350
19,816
5,072
19, 945
4, G77
17, 021
6,324
12, 232
5,397
1,774
487
465
822
2,076
491
437
1,147
2, 582
555
480
1,547
1,561
329
342
890
830
168
157
505
1,046
215
144
686
1,006
223
178
605
2, 161
420
412
1,329
2,873
536
727
1, 610
2, 334
587
656
1.091
1, 265
326
388
551
1,617
382
423
812
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 -hr
By source:
Fuels t _ _ _ _ _
mills, o f kw.-hr .
Water power t
mills of kw -hr
By type of producer:
Central stations t
mills of kw -hr
Street railways, manufacturing plants, etc,
mills of kw -hr
Sales of electrical energy:
Sales to ultimate consumers, total (Edison
Elec. Inst )
mills, of kw.-hr
Domestic service
mills, of kw.-hr. _ ;
Commercial — retail
mills of kw -hr :
Commercial — wholesale mills, of kw.-hr .
Municipal and street lighting
mills, of kw.-hr- _ 1
Railroads:
Electrified steam _
mills, of kw.-hr !
Street and interurban. .mills, of kw.-hr__
Gross revenue from sales of energy (Electrical
World)
thous. of dol_.
Revenues from ultimate consumers (Edison
Elec. Inst.)
_thous. of dol
GAS
Manufactured gas:*f
Customers, total
thousands
Domestic
thousands..
House heating
thousands..!
Industrial and commercial
thousands..
Sales to consumers
millions of cu ft
Domestic
millions of cu. it-House heating.
millions of cu. ft._
Industrial and commercial
millions of cu. ft._
Revenue from sales to consumers
^hous. of dol
Domestic
thous of dol
House heating
_
thous. of dol
Industrial and commercial thous of dol
Natural gas:*f
Customers, total
thousands ._
Domestic
thousands ._
Industrial and commercial
thousands
Sales to consumers
millions of cu. ft__
Domestic
millions of cu. ft._
Industrial and commercial
millions of cu. ft.
Revenues, from sales to consumers
thous. of dol
Domestic
thous. of doL.
Industria] and commercial. -thous. of dol. _
7, 606
7, 688
7,350
7,479
7, 243
7,470
7,631
7,049
7,717
7,443
7, 683
7,472
7,601
o, 189
2,477
4,766
2,922
4,440
2,909
4,854
2,625
4,725
2,518
4,736
2,734
4, 662
2,970
4,751
2,298
4,642
3,075
3,955
3,488
4. 465
3, 218
4,779
2, 693
5,000
2,601
7,215
6,911
7,026
6,788
6,990
7,147
6,571
7,263
6, 981
7, 195
« 7,040
« 7, 172
473
439
453
455
480
484
478
454
462
488
432
429
5,872
864
1,014
3,401
5,830
940
1,041
3,254
5,780
1,003
1, 068
3, 068
5, 716
1,081
1,102
2,862
5,691
1,147
1, 138
2,662
5,911
1,244
1,162
2,748
5, 766
1,123
1,085
2,831
5,796
1,056
1, 046
2, 971
5,842
1, 026
1, 059
3,119
5,917
967
1,035
3, 293
5, 882
973
1, 049
3,273
5,808
956
1, 060
3,212
166
176
191
197
212
222
202
191
176
108
144
150
56
309
55
304
58
332
59
353
63
387
62
396
62
388
66
413
59
356
55
338
54
324
154, 930
160, 080
163, 940
165, 890
169, 540
143, 442
146, 688
150, 390
153, 980
156, 127
162, 070
154, 832
149, 780
149, 852
147,915
147, 337
146, 529
9,819
9,329
44
438
24, 407
18, 030
176
9,866
9,372
48
436
26, 200
19, 882
244
9,902
9,387
68
438
28,214
21,017
836
9,880
9,355
78
437
29, 382
20, 254
2,484
9,856
9,328
81
438
31, 054
20, 577
3,659
9,859
9,320
89
441
33, 143
21,417
4,562
9,876
9,335
91
441
33, 425
20, 905
4,833
9,861
9,318
88
445
33, 841
21, 201
4, 592
9,911
9,364
93
443
31, 886
20, 484
3,348
9,971
9, 425
9f>
440
30, 149
20,871
1, 660
10, 004
9, 461
91
441
28, 657
20, 441
670
9, 996
9, 457
87
441
25, 358
18,021
317
\
- ..v
;j
j
. .1
6,067
5, 930
6,179
6,443
6,636
6,945
7,481
7,848
7,872
7,460
7,404
6, 846
27, 764
22, 487
162
5,016
30, 046
24, 688
217
5,028
31, 705
25, 716
621
5,241
31,961
24, 709
1,644
5,476
32, 936
24, 877
2,346
5,577
34, 527
25, 727
2,895
5,757
34, 242
25, 128
3,019
5,950
34, 481
25, 394
2,851
6, 094
32, 869
24, 684
2, 152
5,900
32, 313
25, 224
1,298
5, 669
31, 351
25, 162
540
5, 519
28, 196
22, 639
289
5, 165
5,274
5,008
265
52, 374
10, 296
5,331
5,063
267
56, 399
11,869
5, 387
5,109
276
61, 679
15, 135
5,463
5,164
298
74, 393
23, 838
5,445
5,145
299
80, 300
31,406
5,483
5,175
306
93, 222
39, 238
5, 500
5,191
307
94, 349
38, 402
5,504
5,193
309
92, 177
37, 879
5, 492
5, 189
301
83, 073
29, 756
5, 478
5, 184
292
72,127
21, 143
5, 484
5, 199
283
66, 509
15, 106
5, 435
5, 155
278
59, 115
11,256
41, 432
43, 688
45, 882
49, 753
47, 761
53, 080
54, 836
52, 898
52, 340
50, 143
50, 523
46, 865
16, 935
9,337
7,495
18, 216
10, 288
7,804
20, 874
12, 296
8,467
25,911
16, 434
9, 335
29, 865
20, 271
9, 398
35, 406
24, 850
10, 388
34, 815
23,814
10,812
34, 085
23, 382
10, 498
29, 418
19, 254
9, 996
24, 170
14, 799
9, 236
21, 020
11, 851
9, 035
18, 098
9, 804
8, 135
FOODSTUFFS AND TOBACCO
BEVERAGES
Fermented malt liquors: *
Consumption (tax-paid withdrawals)
2,669
thous. of bbl-_ p 4, 444
2, 953
2,039
1,678
2,165
2,008
2,625
1,865
2,855
3,796 « 4, 550
4,939
Production
thous. of bbl._ p 4, 608
3,488
2,875
2,292
1,918
2,494
3,263
2,119
2,422
3,703
4,455 « 4, 826
5, 075
4,341
Stocks, end of month.
thous. of bbl.J
4,240
4,460
4,585
4,762
5, 675
4,403
6,325
6, 718
5,218
6, 868
6, 797
Distilled spirits: *
Consumption (tax-paid withdrawals)
thous. of proof gal517
517
471
1,269
2,780
4,337
3,418
2,405
2,281
2,381
2, 366
2, 747
Whiskey
__thous. of proof gal230
256
159
965
2,828
2, 376
2, 124
3, 753
1,893
2, 097
2 210
1,974
9^ 635
9' 33,1
2,311
2,311
Production, total.,
thous. of proof gal2,311
2,311
5,769
7, 345
7, 970 10, 281
8, 158
8^814
g' 182
Whiskey
thous. of proof gal2,074
2,074
2,074
2,074
9,009
8,828
4, 794
7,211
.6, 567
8, 695
7', 600
21,714
Stocks, end of month
thous. of proof gal23, 166 25, 464 27, 582 28, 695 32, 280 37, 992 45, 766 51, 404 58^ 137 63^ 351
68 872
Whiskey
thous. of proof gal.
19, 122 20, 472 22, 695 24, 917 25, 850 29, 269 34i 496 41,326 46,' 386 52, 859 57^ 962
63,' 422
DAIRY PRODUCTS
Butter:
Consumption, apparent*
thous. of lb_- 150.881 "142, 057 139, 403 143, 939 134, 709 138, 550 147, 530 145, 476 144, 107 136, 671 159, 369 138, 657
133, 067
27
.21
Price, N.Y., wholesale (92 score)-dol. per lb..|
.24
.24
.24
.20
.25
.24
.20
.24
.25
.25
.24
Production (factory)f___
thous. of l b _ _ j 162, 589 "166, 562 138, 801 129, 689 112,413 111,763 112, 430 106, 448 122, 746 133,218 174, 692 181,759
171,682
Receipts, 5 markets
thous. of lb_. 57, 881
63, 877 54, 844 50, 801 47, 955 49, 226 45, 882 40, 888 50, 520 47, 206 61, 499 63, 812
61, 251
Stocks, cold storage, creamery, end of month |
120, 435 175, 476 174, 713 160, 463 138, 166 111, 249 75, 995 36, 853 15,351
thous
11,838
27, 161
70, 148 0 108, 748
a
Revised.
* Preliminary.
* New series. For earlier data see p. 19 of the May 1933 issue, manufactured gas, and p. 19 of the June 1933 issue, butter consumption. Monthly data on distilled
spirils available beginning July 1933 and on fermented malt liquors, April 1933.
1 For revised data for electric-power production for 1932, see pp. 38 and 56 of the May 1933 issue; for 1933 see p. 38 of the May 1934 issue; for manufactured gas for 1932
and L933 and natural gas for 1931, 1932, and 1933, see p. 20 of the May 1934 issue; for butter production for 1931 see p. 20 of the January 1933 issue.
40
SUEVEY OF CURRENT BUSINESS
Monthly statistics through December 1931, 1934
together with explanatory footnotes and refer- !
ences to the sources of the data, may be found
in the 1932 Annual Supplement to the Survey i August
October Hlt!4
1933
iSeptem-
A
t •
AUgUSt
ber
1934
October November
D
f^m" January
F
|^u"
March
April | May j June
July
FOODSTUFFS AND TOBACCO— Continued
DAIRY FEOBUCTS-Continued
Cheese:
Consumption, apparent!
thous. of lb~ 54,874
Imports#
thous. of lb~
3,511
Price, No. 1 Amer. N.Y
dol. per lb—
. 15
Production (factory) t
-- -thous. of lb._ 57, 887
American whole niilkf
thous. of lb— 44, 650
Receipts, 5 markets
thous. of lb-. 17, 257
Stocks, cold storage, end of montht
thous. of lb— 122, 220
American whole milkf
thous. of lb— 103, 736
Milk:
Condensed and evaporated:
Production:!
Condensed (sweetened)
thous. of lb_. 19, 425
Evaporated (unsweet'ed) §.. thous. of lb— 175, 125
Exports:
Condensed (sweetened)
thous. of lb~
985
Evaporated (unsweetened) _thous. of lb—
5, 066
Prices, wholesale, N.Y.:
Condensed (sweetened) ___dol. per case—
4. 85
Evaporated (unsweet'ed)— dol. per case—
2.70
Stocks, manufacturers, end of month:
Condensed (sweetened):
Bulk goods
__thous. of lb-_
8, 692
Case goods
thous. of lb— 17, 432
Evaporated (unsweetened):
Case ^oods
thous. of lb— 167, 010
"Fluid milk:
Consumption in oleomargarine
thous. of lb—
5, 184
Production, Minn, and St. Paul
thous. of lb— 27, 988
Keceipts:
Boston, incl. cream
thous. of qt—
Greater New York *
thous. of qt— "i63,"812"
Powdered milk:
319
Exports
.-thous. of lb~
Orders, net, new
thous. of lb—
Stocks, mfrs. end of mo
thous. of lb— "42," 088"
J
« 44, 15S
3, 100
.14
0
54, 901
« 42, 857
12, 655
41, 305
2,730
.13
43. 291
33, 897
12, 170
44, 770
3, 830
. 13
36, 494
28. 006
12. 709
39, 978
4, 988
.13
24,410
18, 027
10, 771
37, 182
4,524
.13
25, 742
19, 234
10, 747
44, 284
2, 823
.13
28, 436
19, 821
13, 788
44, 371
3,902
.17
28, 962
21, 536
12, 366
47, 833
4, 757
.15
37, 541
28. 234
9,938
45,459
3,676
. 13
44,897
33,788
10,553
59,854
1 3,936
i
. 14
! 61,754
!
47,563
i 15,029
45. 352
3, 897
.15
66. 545
53, 222
14, 392
108, 035
94, 394
113,131
99, 326
109, 655
95, 831
99, 009
85, 146
91,970
77, 773
78, 789
65, 476
67, 819
54, 934
62,153
49, 856
65,450 ! 71,469
52,217 ! 58,073
96 960
79, 925
« 16, 566
°-154, 595
18,201
126, 079
19, 232
109,754
13, 766
73, 039
14, 708
84, 972
15, 836
99, 073
13, 015
100, 272
16, 989
131,719
20,532 i 24,907
152,401 i 188,688
22,103
210, 750
16, 997
190, 089
342
2, 394
312
2,885
322
1,927
251
1, 843
286
2,800
476
3,545
253
2, 597
201
3, 421
597
4,053 j
544
1,615
1.276
2, 562
1, 261
3,278
4. 73
2.70
4.73
2.70
4.73
2.70
4.73
2.70
4.73
2.70
4.85
2. 70
4.85
2.70
4. 85
2.70
4.85
2.70 i
4.85
2.70
4. 85
2. 70
4.85
2. 70
11, 186
16, 428
10, 364
14, 683
10, 523
13, 198
9, 813
10, 783
9,664
9,137
7,657
6,394
5, 943
4,774
4, 918
4,875
4,937 ]j
5,924
8,458
9,239
10.105
13, 912
o9,921
17, 156
177, 536
208, 493
234, 665
225, 040
210, 407
167, 074
112,936
99, 176
117,115 i 151,691
!
46, 932
3,213
.13
62, 682
49, 106
16,487
a
115,842
97, 018
0
153,149 « 205, 545
5, 044
5,220
5,344
5,765
5,106
4,313
5, 041
5, 682
4,168
3,461
3,900
25, 984
22, 812
25, 074
26, 300
31, 349
35, 021
33,813
33, 665
36,732 j 37,908
35, 202
31,899
19, 382
111,747
18, 243
107, 756
18,617
111, 298
17,604
104, 901
16,713
106, 185
17. 328
104, 575
16. 250
96, 427
18.216
107, 667
17,758 ' 18,793
103,395 i 111,196
19, 168
110,931
20, 766
110,460
192
11,773
13, 140
184
9,871
15, 294
215
10, 134
20, 332
196
9,512
22, 716
162
9, 306
30, 100
351
9,732
29, 372
130
10, 577
24, 920
316
11, 197
25, 006
316 i
225
10,923 i 12,670
27,048 ! 35,003
309
14,691
40,315
209
13, 008
42, 717
4,225
FRUITS ANB VEGETABLES
'
Apples:
Production, crop estimate
thous. of bu__ /111, 703
«142 981
1, 897
6,530
1,597
9,170
Shipments, car lot!
carloads.16, 509
4, 367
2,254 ; 1,387
756
6,856
6,806
4,722
1, 145
Stocks, cold storage, end of month
thous. of bbl.1,749
8, 376
7,515
2,131
1, 055
392
5, 474
7,135
3,858
Citrus fruit, car-lot shipments!
carloads..
7, 051
10, 822
6, 904
8,292
13,039
12,303
6,415
14, 409
11,741
15, 785
13, 604
10, 140
8,128
2, 342
Onions, car-lot shipments!
carloads-.
1, 971
1,871
2,018
3,407
2,933 , 3,031
3,328
2,605
2,872
2,125
2,195
1,303
Potatoes:
.894
Price white N Y
dol per 100 lb
1.965
2.080
2. 017
2.013 i 1.762
2.305
2.195
2.388
2.506
1. 541
1.997
1.200
Production, crop estimate
thous. of bu.- /337, 141
•320,353
Shiprnents, car lott
carloads— 11, 513 ~ 10~795 ~"l7~478~ ~~21~902~ ~~13~685" 12,247 ~~21,~748~ 17," 158" ~~23~ 634" "l9 f ~763~ : ~~2li"467~ 25," 687"
18, 748
GRAINS
Exports, principal grains, including flour and
3, 371
2, 605
6, 220
5, 182
meal!
thous. of bu..
2,831
4,609
2,169
5, 757
5,325
1,884
4,854
6,657
759
Barley:
Exports, including malt!
thous. of bu—
789
1,314
411
437
283
514
425
408
690
502
151
139
m
Price, no. 2, Minn
dol. per bu—
.68
.72
.63
.69
.70
.58
.67
.68
.71
.71
.85
(2)
Production, crop estimate
thous. of bu~ / 122, 963
«1 56, 988
8, 556 ~"~5"719" "~6,~687 "~4,~315~ "~2,~974~
2,678
3,502
3,574
Receipts, principal markets*.— thous. of bu..
4,411
3,813
2,825
3,026
3. 509
10,911 9,301
Visible supply, end of month* -thous. of bu._
9, 006
12, 207
14, 069
14, 830
8, 317
15, 665 14, 635 14, 102
15, 692
13, 362
6, 946
Corn:
Export" including meal!
thous o f b u
209
371
471
482
247
438
1,283
«288
167
244
248
408
518
4,042
4,690 ; 5,271
8,694
4, 645
5,737
Grindings
thous. of bu_.
6,005
3,924
6, 738
5,761
4,163
5,721
4,797
Prices, wholesale:
.78
No. 3, yellow (Kansas City).. dol. per bu~
.44
.50
.43
.45
.38
.45
.43
.45
0)
0)
0)
.76
.44
No. 3, white (Chicago)
dol. per bu~
.42
.49
. 55
.53
.48
.50
.51
.66
.47
!62
.49
Production, crop estimate
thous. of bu— /1,484,602
*2,343,883
8,632
8,072
Receipts, principal markets
thous. of bu.. 41, 447
12,800
26, 610 21,840 16, 622
13, 543 21, 333
15, 052
26, 568
9, 579
14, 458
9,017
9,471 ' 15,877
Shipments, principal markets- -thous. of bu— 17, 488
14, 659
17, 887
7,921
11,353
13,610
13, 729
8, 688
10, 675
6,812
57,396 ; 46,808
38, 518
Visible supply, end of month*— thous. of bu.- 60, 451
44, 830
57. 747
59, 670 61, 462 64, 045 69, 334
68, 067
68, 384 65, 682
Oats:
Exports, including oatmeal!_--thous. of bu~
69
232
82
105
84
95 i
68
178
74
81
123
69
.49
Price, no. 3, white (Chicago)
dol. per bu~
.32
.38
.34
.33
.32 |
.35
.35
.45
. 43
.35
.37
.36
Production, crop estimate.
thous. of bu— f 545, 870
•731,524
2,736 j 5,002
7, 231
3,050
2,811
Receipts, principal markets — thous. of bu~
5, 054
19, 978
8.815
3, 388
4,156
3,938
3,390
4,029
22, 524
Visible supply, end of month •-thous. of bu.. 24, 605
44, 740 49, 387
21, 445
48, 642 47,818 46, 503 44, 696 42, 307 38,011 32,902 i 26,205
Rice:
58,656 1 41,267 89, 197
Exports!
pockets 100 lb— 59, 421
75, 296
73, 077
26, 987
78, 296 79, 288 96, 097 104, 951 87, 639 142, 504
58, 464
Imports^
pockets 1001b-_ 46, 173 30, 368 23, 034
15, 169 27, 494
22, 861 15, 338 22, 150 35, 581 44,493 52,973 59, 149
Price, wholesale, head, clean, New Orleans
.039
dol. per lb—
.039
.039
.031
.034
.036
.039
.039
.039
.039
.038
.039
.039
Production, crop estimate
thous. of bu— / 36, 492
•35, 619
Receipts, southern paddy, at mills
247
183
153
496
thous. of bbl. (162 lb.)._
2,094
191 i
191
171
932
1,100
1,067
426
Shipments to mills, total
555
525
483
thous. of pockets (100 lb.) —
431
746
436 j
417
965
773
605
910
573
853
78
64
35
71
52 !
57
New Orleans... thous. of pockets (100 lb.) —
92
87
47
96
67
28
63
Stocks, domestic, end of month
972
1, 575
1,267
2,439
2, 215 I 1, 896
thous. of pockets (100 lb.)..
2,632
671
1,157
2,373
2,767
2,488
2,648
a
Revised.
«Dec. 1 estimate.
/ Sept. 1 estimate.
1
Prices not available.
2
Discontinued.
* New series. For earlier data see p. 20 of the November 1932 issue, barley, receipts of milk in Greater New York, p. 20 of the August 1934 issue.
t Revised series. For revisions refer to the indicated pages of the monthly issues, as follows: For 1931 on apparent consumption ol cheese, production of total and
American whole-milk cheese, and production of condensed and evaporated milk, p. 20, January 1933. For earlier data on stocks (cold-storage holdings) of total and American
whole-milk cheese, p. 19, April 1933. For 1932 revised data on production of factory and American whole-milk cheese, production of condensed and evaporated milk, p. 39
September 1933. For subsequent revisions for 1932 on production of evaporated milk, p. 39, November 1933. For 1933, car-lot shipments of apples, citrus fruits, onions, and
potatoes, p. 39, April 1934. For 1932 exports of rice, p. 39, June 1933. For revised figures on 1933 exports of grains (total), barley, corn and rice for months, see p. 20 of Sept.
1934 issue.
# See footnote on p. 35 of this issue. Data for 1933 also revised, see p. 20 of this issue.
§ Bulk evaporated milk not included since December 1931. • Visible supply east of Rocky Mountains as reported by Dunn & Bradstreet.
m
»
41
SURVEY OF CURRENT BUSINESS
October 1934
1933
:ember 1931, 1934
tes and referi
may be found
Decem- January; F^yU"
October Novemto the Survey August August September
ber
ber
1934
March
April
May
June
July
FOODSTUFFS AND TOBACCO—Continued
GRAINS-— Continued
Rye:
0
Exports, including
flour
thous. of bu._
.89
Price, no. 2, Minneapolis
dol. per bu_.
Production crop estimate
thous of bu / 17 2G1
847
Receipts, principal markets*... thous. of bu..
Visible supply, end of month*_thous. of bu~ 11,798
Wheat:
Exports:f
Wheat, including flour -.thous. of bu~. 2,042
Wheat only
thous. of bu~. 1,776
Value, wheat and flour. (See Foreign
Trade.)
Prices, wholesale:
No. 1, Northern, Spring, Minn,
1.17
dol. per bu__
1.01
No. 2, Red, Winter, St. Louis.-dol. per bu__
1.07
No. 2, Hard. Winter, K.C
dol. per bu~.
Weighted average 6 markets, all grades
dol. per bu_1.15
Production, crop estimate, total
i
3
.71
3
.62
1,218
11, 998
1,704
12, 968
668
13, 158
1,721
21
1,531
43
1,490
24
1,930
513
.94
.92
.90
.90
.89
.87
.85
,86
.83
.86
.90
.84
.92
.89
.84
.87
7493 285
q
•
h
t
th
f |
/ 92 763
Winter wheat
thous. of bu_. / 400, 522
23, 045 "26," 748"
Receipts __
_ _
thous. of bu
Shipments
thous. of bu_. 13, 934 13, 729
482, 600
Stocks, visible supply, world _ . thous. of bu.C an ad a
---thous. of bu "l83~7l6 191,545
United States •
.. thous ofbu 121,727 149, 732
Stocks, held by mills (quarterly)
thous of bu
Wheat flour:
Consumption (computed) f
thou^ of bbl
435
Exports
-.-.thous. of bbLGrinding of wheat _ .
thous of bu
39, 690
Prices, wholesale:
7.46
Standard Patents, Minndol. per bbl -Winter, straights, Kansas City
6.14
dol. per bbLProduction:
Flour, actual (Census)_.---_thous. of bbl.. 8, 650
Flour prorated, total (Russell's) f
thous of bbl
Offal
„___
-thous. of lb_- 705, 305
Operations, percent of total capacity
52
Stocks, total, end of month (computed)
thous of bbl
Held by mills (quarterly) thous of bbl
"22," 604"
13, 568
515, 950
213,356
153, 438
0
.64
0
.61
3
.59
9
.57
0
.60
1
.69
0
.74
402
12, 936
236
12, 032
181
11, 621
251
11,002
1,368
10, 505
1,903
11,452
2, 246
12, 208
4,570
2,867
4,039
2,667
4,733
3,065
5,482
3, 576
4, 335
1,456
1,415
387
2, 168
826
.83
.87
.80
.88
.91
.84
.90
.91
.85
.88
.89
.82
.83
.83
.78
.94
.87
.86
1.09
.91
.89
3.10
.92
.93
.83
.88
.91
.88
.83
.94
.95
.95
0 !
.60
•21,236
430 1
1,501
14, 153
13,735
3
.72
0
.62
~~17,~624~ "Ii~6i2~
15,551
17, 473
516, 580 501, 060
244, 965 242, 478
149, 719 138, 505
5,975 '
4,152 :
•527 978
«176 370
•351,608
11,151 "~8~747~ "16," 669" "~~97664~ "~8,~ 408" ~~12~479~ ~~23,~445~ "~49~708
10, 231
15, 447
8,921
6,492
14, 566
8,087
11,685
16,831
532, 920 582, 140 558, 440 532, 980 495, 150 463, 660 451, 860
477, 190
241, 084 233, 368 227, 060 220, 759 211,091 196, 869 190,717
185, 120
94, 504
79, 395
86, 856
77, 631
129, 574 113, 671 104, 554
117, 973
102, 968
115, 247
153, 635
173 884
7,127
362
30, 866
8 063
317
34, 473
8,749
312
37, 371
8,848
302
37, 067
8,607
388
33, 492
8,759
362
39, 903
8,633
292
36, 029
9,171
355
38, 320
7,963
406
34, 187
9,052
270
37, 089
219
34, 476
286
33, 701
7.14
6.93
6.75
6.90
6.65
6.84
6.83
6.64
6.34
6.84
7.05
7.18
6.05
5.93
5,50
5.60
5.40
5.63
5.55
5.40
5.28
5.48
5.79
6.01
6,719
7,540
8, 181
8,116
7,332
8,719
7,867
8,362
7,455
8,103
7,507
7, 325
7,956
548, 544
40
8 769
609, 599
46
9,171
656, 225
50
9,158
653, 267
52
8,062
589, 978
47
9,564
706, 100
54
8,677
639, 724
55
9,465
674, 587
50
8, 298
607, 078
48
9,208
657, 205
50
613, 279
46
600, 486
47
4,960
5,350
3 825
5,460
5, 500
4,567
4,634
5,010
4,761
4,700
4,157
4,764
4,650
3,914
LIVESTOCK AND MEATS
Total meats:
1, 052
1,272
1,085
1, 205
1,038
1,000
1, 178
1,159
1,160
1,015
Consumption, apparent
mills, of lb__
1,163
981
Production (inspected slaughter)
1,142
1,052
1,015
1,465
1, 241
1,164
1,231
1,077
1, 251
1,057
1, 076
1,066
mills, of Ib
Stocks, cold storage, end of month, total
932
945
1, 048
1,104
730
911
1, 043
935
920
773
880
940
« 994
mills, of lb..
61
65
71
66
56
54
52
73
50
63
" 78
Miscellaneous meats
mills oflb
89
65
Cattle and beef:
Beef and veal:
Consumption, apparent
thous. of lb._ ~~~2~269~ 473, 257 465, 155 489, 501 436, 960 415, 516 499, 292 438, 808 463, 946 448, 926 499, 805 "461, 905 440, 043
1,924
1,35(1
Exportsf
.
thous. of lb-_
1,389
2,670
1, 514
1,689
1,778
2, 063
1,060
1,678
1,859
2,250
Price, wholesale:
Beef, fresh native steers, Chicago
.092
.082
.089
.113
.098
.090
.090
.094
.096
.099
.125
. 123
dol. per lb-~
.114
Production, inspected slaughter
475, 679 466, 068 494, 763 445, 009 423, 351 492, 762 431, 000 454, 655 437, 914 493, 768 463,411
453, 986
thous. of Ib
Stocks, cold storage, end of month
thous. oflb._ 80, 237 48, 446 51, 198 59, 233 70, 010 79, 232 72, 948 64, 745 55, 848 46, 590 42, 546 45, 471 "61,545
Cattle and calves:
Movement, primary markets:
2 98-")
1, 669
1 343
1,643
1,404
1,812
2,178
1,500
Receipts __
thous of animals
4 234
1 699
1 809
1 653
1 592
854
952
1,160
1,098
Slaughter, local
-thous. of animals
993
999
1,225
1.209
2 186 « 1,079
I f57'>
1 004
1 045
Slaughter, inspected. (See Leather and
leather products.)
491
527
437
Shipments, total
__thous. of animals
2 041
«602
971
731
592
585
495
638
1 231
518
165
121
528
Stock er and feeder__thous. of animals. 381
176
213
802
261
138
162
139
147
470
Price, wholesale, cattle, corn fed, Chicago
5.32
6.32
5.26
5.55
6.83
5.77
8.57
8.50
6.23
6.51
8.23 i
dol. per 100 lb_7.44
8.40
Hogs and products:
Hogs:
Movement, primary markets:
Receipts..
thous of animals
3, 924
4, 231
2 521
3, 332
3 207 •
2 067
2 727
6 494
3 076
2 684
2 468
2 519
2 674
Slaughter, local
thous. of animals
2,382
3,010
5,552
2,406
i 883
1,934
1,699
1,853
2 272
1,420 « 2, 962
1,679 :
1 777
Slaughter, inspected.
(See Leather
and leather products.)
Shipments, total
thous. of anirnals..
1,032
929
828 j
813
1,207
759
645
"857
873
801 !
798
732
781
Stocker and feeder
thous. of animals..
29
28
41
41
59
37
33
34
39
37 ;
45
28
46
Price, heavy, Chicago
dol. per 100 lb_.
4.04
4.15
3.31
3.38
4.34
3.94
6.19
4.49
4.27
3.58
4.33 •
4.85
3.87
Pork, including lard:
Consumption, apparent
thous. oflb
628, 786 637, 565 652, 097 670 866 567,717 715, 880 512. 275 536 044 518 587 631 250 "577, 156
493 579
Exports, totalf
thous. of lb_. 45, 644 49, 240 61, 157 61, 864 63, 705 67, 453 62,617 60, 715 52, 114 49, 762 79, 942 56, 251
51, 243
Lardf...
thous. of lb~. 29, 358 35, 714 48, 743 49,812 47, 563 54, 838 51, 202 36, 908 39, 493 i 39,350 66, 167 41, 008
33, 466
Prices:
Hams, smoked, Chicago
dol. per lb_.122
.172
.124
.127
.118
.132
.119
.120
.136
.156
.136
.138
.171
Lard:
Prime contract, N.Y
_dol. per lb__
.059
.060
.051
.090
.060
.057
.057
.066
.066
.068
.067
.072
.071
Refined, Chicago*—.
dol. per Ib—
.071
.062
.099
.067
.069
.068
.059
.071
.070
.073
.081
,077
. 073
»Revised.
* New series. For earlier data, see p. 20 of the November 1932 issue, rye; and p. 18 of the January 1933 issue, wholesale price of lard.
t Data revised. For revisions on wheat flour, production and consumption (Russell's) from July 1931 to December 1932,, see
p. 19 of thei August
1
seep
1933 issue. For revisions
of beef and veal exports for 1932, see p. 40 of the June 1933 issue. For revised export data for 1933 see p. 20 of the September 1934 issue.
• Dec. 1 estimate.
/ Aug. 1 estimate.
• Visible supply east of Rocky Mountains as reported by Dun & Bradstreet.
42
SURVEY OF CURRENT BUSINESS
October 1934
1933
Monthly statistics through December 1931, 1934
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
1934
March
April
May
June
July
FOODSTUFFS AND TOBACCO—Continued
LIVESTOCK AND MEATS— Continued
Hogs and products— Continued.
Production, inspected slaughter, total
thous. of lb_.
Lard
thous. of Ib _
Stocks, cold storage, end of mo.
thous. of lb__
Fresh and cured
thous. of lb._
Lard
thous. of Ib .
Sheep and lambs:
Lamb and mutton:
Consumption, apparent
thous. of lb__
Production, inspected slaughter
thous. of lb._
Stocks, cold storage, end of mo.
thous. of lb__
Movement, primary markets:
Receipts
thous. of animals. _
Slaughter, local
thous. of animals..
Slaughter, inspected. (See Leather and
leather products.)
Shipments, total
thous. of animals. _
Stocker and feeder
thous. of animals..
Prices, wholesale:
Ewes, Chicago
dol. per 100 lb__
Lambs Chicago
- dol. per 100 lb__
Poultry and eggs:
Eggs:
Receipts, 5 markets .
thous. of cases..
Stocks, cold storage, end of month:
Case
thous. of cases..
Frozen
thous. of lb__
Poultry:
Receipts 5 markets
thous. of lb__
Stocks, cold storage, end of mo.
thous. of lb__
TROPICAL PRODUCTS
Cocoa:
Imports #
long tons..
Price, spot, Accra, N.Y
dol. perlb..
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 bags..
Price, Rio No 7, N Y
dol. per Ib...
Receipts at ports, Brazil
thous. of bags..
Stocks, world total, incl. interior of Brazil
thous. of bags..
Visible supply, total excl. interior of Brazil
thous. of bags..
United States
..thous. of bags..
Sugar:
Raw sugar:
Cuba:
Stocks, total, end of month
thous. of long tons..
United States:
Meltings 8 ports f
long tons
Price, wholesale, 96° centrifugal, New
York
_ .- dol. perlb
Receipts:
From Hawaii and Puerto Rico
long tons__
Imports f #
. long tons
Stocks at refineries, end of mo. f
long tons..
Refined sugar:
Exports, including maplef
long tons
Price, retail, gran., N.Y
dol. per lb__
Price, wholesale, gran., N.Y.._dol. per lb._
Receipts:
From Hawaii and Puerto Rico* long tons. _
Imports:
Cuba*
long tons..
Philippine Islands* long tons
Shipments, 2 ports
long tons
Stocks, end of month, 2 ports._.long tons..
Tea:
Imports #
__
__
thous. of Ib
Price, wholesale, Formosa, fine, N.Y
dol. per lb__
709, 212
540, 493
168 719
631, 418
129, 045
539, 848
108, 085
518, 294
98, 180
752, 912
143, 491
751, 663
150, 287
915, 320
188 461
573, 708
115, 974
508, 993
99 612
572, 457
113 056
699, 676
137 597
633, 062
124 069
574, 229
107 101
981, 177
756, 701
224, 476
822, 498
630, 437
192, 061
627, 001
493, 308
133, 693
645, 531
529, 454
116, 077
762, 206
629, 696
132, 510
899, 160
730, 404
168 756
910, 000
733, 956
176 044
830, 997
657, 222
173 775
835, 185
656, 087
179 098
823, 808
641, 568
182 240
823, 560
628, 425
195 135
"853, 063
°643, 566
a209 497
56, 762
60, 116
63, 210
52, 543
54, 869
56, 556
48, 605
52, 039
47, 676
47, 166
45 709
47 452
56, 666
60, 540
63, 897
52, 952
56, 026
56, 799
47, 519
51,097
46 976
47, 286
45 829
47 551
1,606
1,487
1,886
2,511
2,888
4,012
4,183
3,052
2,024
1,281
1,363
1,450
°1,518
2 615
1, 106
2,795
°1, 291
2,911
1,277
3,268
1,351
2,064
1,068
1,774
1,033
1,818
1,132
1,454
902
1,570
957
1 838
959
2 114
1,014
1 810
918
2 152
998
1,482
390
1,509
347
1,622
498
1,904
857
1, 031
462
739
143
691
116
547
79
625
81
872
135
1,014
155
891
115
1, 155
190-
1.47
5 59
1.88
6.81
1.88
6.34
1.88
6.40
1.88
6.28
2.44
6.59
2.75
7.23
4.18
8.33
5.00
8.63
4.75
8 90
3.00
8 97
1.63
7 94
1.78
5 91
828
951
733
651
514
590
808
1,165
1,824
2,051
1 927
1 452
1 009
7, 936
112 348
8, 944
102, 449
7,466
93, 182
5,175
82, 302
2,641
72, 348
731
61, 419
50
49, 910
90
39, 181
1,208
38, 679
4,640
62 632
7,819
93 947
8, 965
116 058
«8, 961
0121 564
°1 861
23, 966
24, 862
32, 098
80, 502
70, 640
31,531
19, 336
16, 435
13 347
19 604
22 755
29 417
46, 054
47, 789
50, 177
59, 528
91,211
123, 503
120, 177
101, 776
74, 197
49, 212
39, 790
40, 609
°44, 904
10 914
. 0535
23, 884
.0548
22, 056
. 0470
11,346
. 0420
10, 903
.0458
9,581
.0419
19, 146
.0472
16,919
.0520
30, 502
.0540
26, 539
.0539
8 044
.0561
10 843
. 0572
10 456
.0535
15, 803
23, 865
10, 260
11, 409
22, 126
44, 599
52, 253
47, 607
42, 235
22, 287
9,850
10, 568
10, 798
1,077
649
758
097
1, 245
1, 329
627
1,128
.076
1, 565
1,465
770
834
.074
1,836
1,274
602
1,019
.074
1,646
1,448
873
838
.074
1,434
1,426
752
1, 144
.081
1,520
1,877
997
1,100
.091
1,419
1,476
779
1, 353
.107
1,381
842
425
996
104
1,212
903
418
790
103
780
1, 449
546
736
102
901
787
512
788
095
919
22, 370
23, 598
24, 725
31,118
29, 309
27, 141
6, 634
1, 006
6,957
976
7,179
945
8,600
891
8,564
932
8, 526
886
8, 499
916
1,242
636
1,305
. 109
1,534
0)
0)
0)
0)
0)
7,345
966
7,590
1,076
7,718
1,038
7,564
980
8,084
1,025
8, 496
955
2,041
2,213
2,081
1,598
1,292
1,212
926
1,335
1,862
2,422
2,475
2,364
2,212
307 685
408, 918
277, 642
258, 209
264, 289
179, 119
237, 313
259, 470
289, 666
272 885
344 352
350 731
300 448
033
.035
.036
.033
.032
.032
.032
.033
.031
.028
.028
029
032
73, 180
91 212
99, 100
169, 933
108, 023
177, 152
63, 845
170, 729
53, 354
160, 908
30, 840
105, 123
79, 790
173, 846
192, 519 "205, 989 «155, 446
114,484 173, 838 214, 079
146, 258
250 111
149, 087
197 640
622, 449
369, 780
311,462
290, 416
248, 054
203, 513
256, 031
291, 644
406, 345
516, 505
561, 680
537, 831
626, 468
9 494
.055
.047
4,062
.052
.046
4,020
.052
.046
4,427
.051
.045
4,900
.052
.044
5,965
.052
.043
3,560
.052
.042
4,187
.051
.044
4,248
.051
.044
4,246
.051
.044
5,622
.051
.041
4 649
.052
.045
6 376
.055
.047
a
188, 196
53 117
536
13, 968
11,671
4,279
513
873
13, 203
9,981
13, 596
15, 294
14, 180
12, 366
11,039
79, 499
39,454
27, 971
86, 122
29,664
27,268
30,985
16, 478
10,879
9,913
68 609
10, 228
67, 208
42, 018
49, 909
32, 649
36, 464
25, 984
35, 636
23, 473
34, 668
26, 360
39, 925
22, 701
48, 267
21, 950
53, 045
30, 282
45, 883
31, 164
16, 473
21, 512
76, 934
25, 147
24, 728
3 323
58 694
22, 373
43, 939
590
70 545
18,918
9, 193
11,575
9,496
10, 929
6,418
7,670
6,938
4,696
6,578
4,493
4,389
5,419
6 471
.215
.175
.175
.175
.175
.175
.181
.185
.185
.193
.199
.215
.215
o
MISCELLANEOUS PRODUCTS
Candy sales by manufacturers.. thous. of dol._ 16, 433 16,286 21, 553 22, 598 22, 303 22, 319 20, 516 19, 538 21,951 16, 792 16, 884 12, 945
10, 010
Fish:
Landings, fresh fish, principal ports
34, 036
30, 542
33, 595
21, 170
17, 043
16, 739
18, 185
24, 782
thous. of lb__
37, 906
34, 848 630, 699
33, 392
700, 734 603, 692 318, 730 200, 074 312, 064 403, 556 513, 130 449, 736 229, 108 203, 316 263, 883
Salmon, canned, shipments
cases..
496, 061
Stocks, total, cold storage, 15th of month
thous. of lb__ 62, 577 44, 882 51, 475 55,928 58, 338 57, 188 44, 660 32, 712 18, 481 15, 883 20, 189 34, 285
50, 582
- Revised.
* New series. For earlier data, see p. 20 of this issue, for receipts as refined sugar from Hawaii and Puerto Rico and imports from Cuba. Data prior to May 1934 not
available on refined sugar from Philippine Islands.
t For revised data for 1932 on sugar meltings and stocks, see p. 41 of the May 1933 issue. For 1932 revisions of sugar imports and exports, see p. 41 of the June 1933
issue. For revisions of exports in 1933, see p. 20 of the Sept. 1934 issue.
#1 See footnote on p. 35 of this issue. Data revised for 1933. See p. 20 of this issue.
Data not available.
SURVEY OF CURRENT BUSINESS
October 1934
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
1934
August
43
1934
1933
Decem- January FebruAugust SeptemOctober November
ber
ary
ber
March
April
May
June
44,411
4,228
41, 342
4,775
31, 380
4,548
29, 563
6,139
July
FOODSTUFFS AND TOBACCO—Continued
TOBACCO
Leaf:
24, 503
Exports t
tbous. of Ib— 25, 605
Imports, unmanufactured #
thous. of Ib—
1,666
3,830
Production, crop estimate
thous. of lb__ fl,078,117
Stocks, total, including imported types
(quarterly)
mills of Ib
Flue-cured, fire-cured, and air-cured
mills, of lb._
Cigar types..
. . mills, of Ib
Manufactured products:
Consumption (tax-paid withdrawals):
Small cigarettes
millions
11 810
11, 189
Large cigars
thousands
425, 453 434, 821
Manufactured tobacco and snuff
32, 942
thous. of Ib— 30, 948
Exports, cigarettes
thousands
310, 334 171, 439
Prices, wholesale:
Cigarettes
dol. per 1,000..
4.851
5.380
Cigars .
dol. per 1,000 46 839
46. 062
42, 396
2,349
66, 217
1,911
44, 228
2,776
62, 568
4,198
•1,385,107
26, 997
4,218
28,406
5,449
2,009
2,182
2,435
2,204
1,529
389
1,718
377
1,957
384
1,727
387
9 5?8
423, 600
9 176
408, 452
6,835
415, 347
7,800
276, 690
11 483
337, 292
9 168
299, 214
9,333
354, 165
29, 133
271, 311
30, 546
272, 496
25, 407
238, 329
21, 686
271, 219
30, 846
283, 784
28, 351
188, 956
31, 478
246, 278
27, 260
344, 740
4.851
46 062
4.851
46 519
4.851
46. 461
4.851
46. 461
5.274
46 616
6. 380
46 893
5.380
46. 839
99
88
9, 2P4
11, 174
345, 067 380, 450
19, 013
5,209
12 045
404, 456
11 355
378, 056
29, 056
336, 264
29, 420
252, 609
28, 691
225, 387
5.380
46. 839
5.380
46. 839
5.380
46 839
5.380
46 839
71
125
89
82
FUELS AND BYPRODUCTS
COAL
Anthracite:
Exports.
thous. of long tons—
Prices:
Retail, composite, chestnut
dol. per short ton-Wholesale, composite, chestnut t
dol. per short ton..
Production f _ - __ ._ thous. of short tons
Shipments t
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
dol. per short ton..
Prices, wholesale:
Composite, mine run___dol. per short ton..
Prepared sizes (composite)
dol. per short ton—
Production f
_ thous. of short tons
Stocks, consumers, end of month
thous of short tons
87
99
125
85
83
71
96
12.83
12.65
13.12
13.23
13.26
13.24
13.25
13.27
13.27
12.94
12.34
12.40
12.60
9.598
3,584
3,110
2,023
9.648
4,396
3,990
977
9.962
4,993
4,222
1,267
9.931
4,711
4,147
1,351
9.926
4,811
4, 098
1,293
9.922
4,424
4,012
1,106
9.912
6,125
5,189
725
9.881
5,952
5,198
316
9.878
6,418
5,356
308
9.459
4,837
4,173
690
9.084
5,250
4,491
1,165
9.216
4,184
3, 495
1,541
9.451
3,443
2, 974
1,769
38
34
29
19
17
44
59
61
65
63
119
1,036
4,346
4,020
3,805
3,536
3,694
3,774
3,832
4,578
4, 306
4,757
4,459
3,519
2,882
4,746
117
953
2,674
4,759
122
976
2,826
5,159
134
811
2,738
5,002
140
1,000
2,827
4,984
91
448
2,817
5,256
73
369
2,871
5,180
70
382
2,821
5,759
90
490
2,391
4,837
81
675
« 2, 652
4,804
122
1,074
o 2,801
4,553
107
991
«2, 937
101
1,108
8.30
7.77
7.94
8.08
8.18
8.18
8.24
8.22
8.23
8.18
8.13
8.18
8.23
4.199
3.690
3.722
3.929
3.963
3.961
3.972
3.974
3.972
4.120
4.179
4. 200
4.185
4.393
27, 462
3.726
33, 910
3.829
29, 500
4.119
29, 656
4.167
30, 582
4.164
29, 600
4.178
32, 916
4.210
31, 970
4.216
38, 497
04 770
Z^t,
/ //
4. 233
4.217
28, 100
4.236
26, 424
4.343
25, 280
30, 582
34, 095
34, 143
32, 840
27, 100
28, 371
27,711
28, 490
29, 393
30, 399
COKE
Exports
thous. of long tons
Price, furnace, Connellsville
dol. per short ton—
Production:
Beehive t
thous of short tons
Byproduct f
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
127
73
85
72
56
39
39
55
45
25
52
66
105
3.73
2.91
2.63
3.47
3.75
3.75
3.63
3.50
3.43
3.59
3.64
3.73
3.73
44
2,280
75
2,920
112
63
2,708
139
47
2,579
139
98
2,341
118
95
2,451
129
97
2,476
127
118
2,493
121
150
2,969
126
61
2,875
101
51
3,192
74
51
2,990
104
«51
2,381
96
2,648
3,022
1,036
3,080
987
3,053
891
3,043
760
2,850
727
2,347
637
1,808
595
1,713
565
1,964
553
1,948
515
2,047
504
2,312
494
PETROLEUM AND PRODUCTS
Crude petroleum:
Consumption (run to stills) __ -thous. of bbl—
79, 151 75, 316
75, 461 68,461 70, 440 71, 512 66, 470 71, 807 73, 563 76, 258
79, 812
76, 054
Imports #
thous. of bbl— ""2,621"
3,673
1,758
1,875
2,069
3,011
2,876
2,416
2,272
2,877
3,442
2,561
3,947
Price, Kansas-Oklahoma.. . dol. per bbl
.940
.505
.940
.940
.768
.940
.940
.940
.940
.940
.940
.940
.940
85, 239
Production t
thous. of bbl_.
78, 186
76, 017 69, 755 72, 060 71, 976 65, 450 75, 548 75, 796 79, 870 80, 040
81, 548
Refinery operations
pet of capacity
73
69
71
65
65
66
69
67
71
73
70
72
Stocks, end of month:
California:
Heavy crude and fuel oil— thous of bbl—
95, 273 94, 926 92,507
90, 242 87, 826 86, 869 83, 812 81, 584 78, 965 76, 604
73, 834
74, 815
Light crude
thous. of bbl—
* 35, 197 * 35, 076 6 35, 568 6 35, 399 • 634,104 633,864 6 33, 350 6 34, 093 633,889 6 33, 721 6 33, 802 6 34, 247
East of California, total f.._thous. of bbl—
"315, 563 6315, 878 *312, 815 6311, 758 • 6312,070 6311,659 6309, 864 6311, 576 6312, 005 6313, 840 6315, 051 6 312, 673
6 56, 429 6 56, 452 6 54, 458 6 55, 837 6 57, 048 6 55, 458 6 55, 582 6 56, 383 6 55, 482 6 57, 069 6 56, 526 6 55, 694
Refineries t
thous. of bbl—
Tank farms and pipe linesf thous of bbl
6259, 134 6259, 426 6258, 357 6255, 921 6255, 022 6256, 201 6254, 282 6255, 193 6256, 523 b256, 771 6258, 525 6 256, 979
992
643
955
1,070
914
905
910
810
930
1,112
1,182
Wells completed t- number
1,126
Mexico:
Exports
thous. of bbl2,099
2,607
1,184
1,278
2,582
947
1,979
2,148
2,179
2,260
2,621
2,167
2,037
Production
thous. of bbl2,893
2,900
2,428
3,114
2,606
3,259
2,862
3,192
3,206
3,299
2,715
2,923
Venezuela:
Exports
thous. of bbl—
10,096
10, 398
10, 146
9,959
10, 558
9,844
9,962
9,199
10, 268
10, 723
10, 822
Production
_
_.thous. of bbl—
10,309
10, 182
10, 728
10, 717
11,084
10, 900 11, 028
10, 860
9,769
11, 542
11, 203
° Revised.
t Revised series. For revisions refer to the indicatec 1 pages of the monl,hly issue 3, as followare: Expoi•ts of tobsicco for K 32, p. 42, June 1932 . Data revised for 1933, for
revisions of such months not shown above see p. 20 of the September 1934 issu e; 1932 fin al revisioii of anthnicite and 1bituminoiis coal pr Dduction, p. 42, Jan uary 1934 ; anthracite shipments for 1932, p. 42, December 1933; corisumptiori of bitum inous coa I by electr ic power islants, p. 12, May 1933; beehive and b yproduct coke for ] 932, p. 43, December 1933. Data revised for 1933. Beehive and b yproduct coke see i5. 43, July 1934. Ci*ude petrc leum pro Auction, stocks, east of Califo rnia (tota 1), at refiileries anc [ at tank
farms and pipe lines, and wells completed, for 11
m, p. 56,Novemb ar 1933.
fc Statistics here given as of Aug. 31 and subsequent inonths ar e not comiparable vnth the fi gures for earlier memths bee mse of re visions a ad transf ers from one kind
of storage to another as a result of the new form of report to the P tfroleum sidministrc itive Boar d. Thelbureau of Mines ha 5 not foun d it possi ble to rec<?ncile these figures
and will report them henceforth to compare wi ,h the Au gust data . The A ug. 31 figiires on th e old basis are on ]). 42 of th e Noveml )er 1933 issue.
« New basis, as of Dec. 31, caused by 1,089,000 barrels being cla ssified as uel oil
# See footnote on p. 35 of this issue. Data r evised for 1933. Se e p. 20 of this issue
t Price converted to short-ton basis.
• Dec. 1 estimate.
f Sept. 1 estimate.
":::::::
44
SUEVEY OF CURRENT BUSINESS
Monthly statistics through December 1931, 1934
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 1934
1933
1934
Decem- January Febru«g£B- October November
ber
ary
8
March
April
May
June
July
FUELS AND BYPRODUCTS—Continued
PETROLEUM AND PRODUCTS~Con.
Refined products:
Gas and fuel oils:
|
Consumption:
908
Electric power plantsf
thous. of bbl._
Railroads
.thous. of bbl J
Vessels bunker
thous of bbl
2, 633
Price, fuel oil, Oklahoma, 24-26 refineries
dol. per bbL.725
Production:
Residual fuel oil* t
_»__thous. of bbl .
Gas oil and distillate fuels* t
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. _
1, 766
Exports, value. (See Foreign Trade.)
Price, wholesale:
Drums, delivered, N.Y
dol. per gal._
.155
Refinery, Oklahoma
dol. per gal._
.047
Price, retail, service station, 50 cities
dol. per gal
Production:
At natural gas plants!
thous. of bbl .
At refineries!
thous. of bbl
Retail distribution (41 States) !
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 .
976
Price, 150° water white, refinery, Pa.
dol. per gal..
.046
Production
.
,
thous. of bbl._
Stocks end of month _ .. thous. of bbl
Lubricating oil:
Consumption!
. - _. thous. of bbl
Price, cylinder oil, refinery, Pa.
dol. per gal..
. 148
Production
__thous. of bbl _
Stocks, refinery, end of mo., thous. of bbl._
Other products:
Asphalt:
1
Imports??
_ . . thous. of short tons
Production!
..thous. of short tons..
Stocks, refinery, end of month
thous. of short tons. _ ;
Coke. (See Coke.)
;
Wax:
Production
thous. of Ib .
Stocks refinery endofnio thous o f l b
!
979
2,817
3,070
904
2,953
2, 669
943
3,292 ,
2,397 :
.444
.563
21, 049
20, 143
20, 819
6,143
6,375
7,157
« 19, 097
18,824
20, 315
18, 948
20, 160
20,454
37, 426
1,548
34, 303
1,802
32, 973
2,455
.165
.041
.174
.052
.177
.051
.620 |
.140
.145
2, 824
36, 524
2,791
36, 581
1, 085
1,030
962
847
29, 038
661
28, 747
572
28, 572
2, 799
621
3,375
726
.044
4, 109
8,445
918 !
3, 154 :
1,511 j
954
3,118
2,705
910
3, 166
2,646
812 ;
875 i
2,890 !
2,399
3,250
2,782 !
.750
.738 i
.750
.750
, 750
.725
18, 183 | 20,539 j
19, 344
20, 297
20, 136
20,380
8,004
7, 563
7r 761
8,042
7, 651
21, 507
755
3, 118
2, 457
•801
3, 174
2, 652
" 832
3,234
2. 530
•863
2, 412
.650
.663
.690
19,004
18, 962
19, 847
7,252
7,691
18,957
« 17, 660
16, 134
14, 233
14, 044
15, 673
16,501
19, 249
19,016
< 16, 212
14, 136
12, 322
10, 658
11,403
13, 174
16, 313
19,603
30, 262 !
2,771
28, 787
1, 452
29, 416
1,797
25, 048
1, 772
30, 528
2,235
32, 735
2, 436
38, 141
1,643
36, 296
1.780
37, 695
1, 495
.177 i
.050
.177
.050
.165
.048
6,391 ;
7, 155 !
.166 !
.048
.158
.044
. 145
.045
. 150
.048
. 155
.046
.155
. 045
.136
.136
.139
.141
3,019
32, 705
2, 926
34, 097
2,907
35, 194
2,838
34, 850
940
978
1, 061
1,070
979
41, 852
1,022
42, 578
1,276
40,914
1,517
36, 507
1, 646
33, 885
1, 590
33, 135
4,245
576
4,154
716
4,218
657
3, 654
1, 148
3,222
648
2,372
962
2, 815
751
.052
4,289
< 6, 557
.048
4,507
6,228
.045
3, 961
5,299
.048
4,576
4,986
.048
4,647
4, 822
.047
4,548
5,470
. 048
4, 206
a, 385
.045
4, 256
6, 998
1,538
1, 667
1,440
1, 302
1, 643
1,651
1,941
1,569
1,491
.190
2,115
6,776
.190
2,375
7, 075
.190
2,212
1
7, 030
. 208
2,198
7,020
.220
1,865
7,120
.220
2,152
6,837
.220
2, 322
6,796
.219
2,577
6 773
.208
2,211
6, 752
. 183
2, 200
6.782
0
218
3
234
1
156
4
151
3
145
1
106
0
156
3
205
1
250
3
278
3
318
268
253
242
259
255
304
331
371
378
382
358
350
40, 320
85, 924
42, 280
80, 300
47, 320
75, 803
43, 680
72, 751
41, 720
68, 833
46, 480
78, 934
39, 200
83, 791
43, 120
86, 644
39, 480
91, 703
41,720
101,551
40, 320
108, 087
34, 160
115, 137
. 142
.143
.139
2,931 '
32, 891
3,005
31, 685
3, 024
33f 462
2,795
30,472
931
841
852
788
609
27, 308
'992
< 34, 760
992
37, 774
3,406
922
3,726
1,045
4,143
851
.048
4,004
8,343
.053
3,993
7,987
.053
4,005
7, 217
1,535
1,426
1,507
.179
2,019
7,226
.183
2,046
7,007
1
247
.143
2,981 !
35, 971
.142 ;
2, 960
37, 023
LEATHER AND PRODUCTS
HIDES AND SKINS
Imports, total hides and skins!#_thous. of lb_. 12, 958 50, 82S 36, 354 32, 645 21, 596 20, 765 18, 662 17, 683 20, 709 22, 625 21, 235 22, 181
19, 907
1,221
5, 492
808
3,191
4, 192
2,104
1,856
2,259
2,840
Calf and kip skins
_
. -thous. of Ib
2,405
1,580
1,914
1, 900
7, 265
7,762
5, 837
5,184
5,807
Cattle hides
.
thous. oflb.. 4, 571 26, 374 17, 488 14, 450 10, 227
6,388
9,577
8,268
9,119
8,291
6, 843
8, 733
7,901
5.318
6,140
5,837
Goatskins
.thous. of lb._ 4, 355
7, 598
7,217
5, 818
5,607
3,124
2, 494
Sheep and lamb skins..
___thous. oflb.. 2, 512
8, 320
4,086
2,541 ;
4. 247
5, 083
2, 378
3,315
3,457
3, 006
2, 930
Livestock, inspected slaughter:
526
402 i
471
Calves
thous. of animals .
970
416
455
424
405
437
534
(500
601
770
1
749
840
821
721
831
861
733
864
777
771
Cattle
thous. of animals.. 1, 576
932
1,912
3,411
UQCTS
....
thous. of animals.. 2, 641
3,058
5,391
3,477
3,038
4,501
4,530
3,433
3,039
4, 318
3r 763
3, 323
1, 164
1,668
1, 532
1,356
1,390
1,159
1, 242
Sheep
thous. of animals.. 1,523
1, 609
1,407
1,244
1, 259
1,294
Prices, wholesale:
Packers, heavy native steers, Chicago
.108
dol, per lb._
.132
.088
.103
.103
.099
.103
. 150
.101
.096
.104
.098
. 098
Calfskins, no. 1 country, Chicago
.129
dol. per lb__
.076
.174
.158
.156
.167
.144
. 190
.137
.121
. 116
. 106
. 093
Exports:
LEATHER
Sole leather
thous of Ib
167
124
102
252
753
113
136
282
156
186
294
186
205
Upper leather! •
thous. of sq. ft
4,917
6,684
5, 043
6,315
5,290
6,160
6,703
4,859
6, 144
4. 336
4,918
3,850
5, 457
Production:
Calf and kip* __ _
thous. of skins
1, 435
1,113
1, 126
1,063
1,013
981
879
911
1 , 032
1,086
999
1,152
Cattle hides*!
thous. of hides..
1,563
1 , 439 !
1, 538
1,623
1, 520
1, 662
1,640
1, 738
1. 700
1,633
1,681 ;
1,507
Goat and kid*
thous, of skins..
4, 634
4,005 !
3, 994
3, 786
3,763
4,290
4,074
4,358
3, 940
3,949
3,496
3, 638
Sheep and lamb*! _ _
thous. of skins
3,934
2,322
3,239 i
3, 290
2,630
3, 558
2,580
3,690
3,791
3, 300
2,610
2,773
Prices, wholesale:
Sole, oak, scoured backs (Boston) dol. perlb.
.27
.32
.40
.39
.35
.31
.32
.31
.30
.30 |
.30
,.2S
.29
Upper, composite, chrome, calf, black, "B"
.344
.348
grade
..— dol. per sq. ft..
. 300
.349
.337
.350
.352
.352
.347
.343 i
.337
.333
.320
• New series. For earlier data see p. 20 of the February 1933 issue, production of residual fuel oil and gas oil and distillate fuels, and p. 19 of the June 1933Tissue, leather.
! Revised series. For revisions refer to the indicated pages of the monthly issues, as follows: Consumption of gas and fuel oils in electric-power plants for 1932, p. 43,'
May 1933, for 1933 revisions, p. 43 May 1934; production of residual fuel oils and gas oil and distillate fuels, stocks of residual fuel oil east of California, consumption of gasoline, production of gasoline at natural gas plants and refineries, stocks of gasoline at refineries, consumption of kerosene and lubricating oil, and production of asphalt for
1932, p. 56, November 1933; retail distribution gasoline in 41 States for 1932, p. 43, May 1933, for 1933, p. 43, May 1934; production of cattle and sheep and lamb hides, p. 44
April 1934; imports of total hides and skins and upper leather for 1932, p. 43, June 1933.
• Beginning Aug. 31, figures reported on the new basis, caused by transfer of 414,000 barrels from gas-oil and fuel-oil stocks.
r
New basis caused by transfer of 243,000 barrels from bulk terminal stocks and approximately 93,000 barrels transferred from refinery stocks.
1
New basis resulting from transfer of finished stocks to unfinished stocks and addition of stocks not previously reported.
• See footnote on p. 35 of this issue. Imports also revised for 1933. See p. 20 of this issue.
• Data revised for 1933. See p. 20 of the September 1934 issue.
• Revised.
SURVEY OF CURRENT BUSINESS
October 1934
Monthly statistics through December 1931, 1934
together with explanatory footnotes and references to the sources of the data, may be found
in the 19S2 Annual Supplement to the Survey August
45
1934
1933
Decem- January FebruOctober NovemAugust Septemary
ber
ber
ber
March
April
May
June
July
LEATHER AND PRODUCTS—Continued
LEATHER MANUFACTURES
Gloves and mittens:
Production (cut), total
. dozen pairs
316, 436
Dress and street
dozen pairs
168 559
Work
dozen pairs
147, 877
Shoes.
Exports ._
. thous. of pairs
80
88
Prices, wholesale:
Men's black calf blucher,
Boston
_
dol. per pair..
5.35
5.50
Men's black calf oxford, lace,
St. Louis
_._
-...dol. per pair..
4.23
4.15
Women's colored calf, Goodyear welt, oxford, average
dol. per pair._
4.00
3.77
Production, total
--.thous. of pairs.. * 33, 942 37, 019
Men's
thous. of pairs..
9,138
Boys' and youths'
thous. of pairs. _
2,103
14, 521
Women's
thous of pairs
3,201
Misses' and children's
thous. of pairs...
Slippers, all types
thous. of pairs. .
4,735
All other footwear
thous. of pairs
3,321
281, 363
141 776
139 587
282, 249
127 317
154, 932
228, 486
100 559
127, 927
178, 398
57 050
121, 348
171, 242
69, 196
102, 046
64
58
77
78
40
41
100
76
75
90
88
5.40
5.40
5.50
5.50
5.50
5.50
5.50
5.55
5.50
5.50
5.50
4.35
4.35
4.35
4.20
4.15
4.15
4.15
4.15
4.15
4.15
4.15
3.85
31, 234
7, 656
1,711
12 098
2,670
4,138
2,962
3.85
31, 455
8,293
1,827
10, 999
2,492
4,986
2,858
3.85
23, 695
6,909
1,515
6,783
1,974
4,256
2,258
3.93
20, 095
6,186
1,150
6,765
1,889
1,955
2, 151
4.00
25, 787
7,046
1,342
10, 639
2, 589
1,424
2,746
4.00
30, 120
7,845
1, 481
12, 245
3, 056
2,327
3,166
4.00
33, 357
8,669
1,503
14, 006
3,686
3,565
3,927
4.00
34, 152
8,423
1,506
13, 066
3,271
3,597
4,288
4.00
4.00
33, 874 a 28, 379
8,211 « 7, 585
1,540 * 1, 479
12, 776 0 9, 472
3,185 «0 2, 757
4,072
3, 899
4, 090 " 3, 187
4.00
« 27, 982
6,663
1,450
11,654
2, 593
3,282
2,341
LUMBER AND MANUFACTURES
LUMBER
Exports (boards, planks and scantlings) • •
M ft.b.m.. 115,145
Retail movement:
Retail yards, Ninth Fed. Res. Dlst.:
Sales
M ft.b.m.. 7,869
Stocks, end of month
._.M ft.b.m.. 59,343
Retail yards, Tenth Fed. Res. Dist.:
Sales
.
......M ft.b.m..
Stocks, end of month.
M ft.b.m..
r8, 192
75, 965
80, 463
73, 065
97, 956
96, 969
70, 282
83, 453 109, 919
60, 991
53, 879
62, 452
6,498
30, 344
6,868
59, 031
7,555
56, 902
3,879
55, 606
2,266
56, 764
3,147
58, 837
3,077
60, 533
2,994
61, 827
4,440
62, 857
6,467
63, 800
6,656
62, 665
6,574
60, 754
2,124
29, 208
2,175
29, 156
2,430
28, 428
2,168
28, 190
1,862
27, 951
2,268
27, 665
1,792
27, 493
2,059
28,351
2,300
28, 052
2,268
27, 760
2,083
27, 734
1,290
13, 643
Flooring
Maple, beech, and birch:
Orders:
New
Unfilled, end of month
Production
_
Shipments.„_
Stocks. end of month
Oak:
orders:
New
Unfilled, end of month
Production
Shipments
.
Stocks, end of mouth..
ft.b.m..
ft.b.m..
ft.b.m..
ft.b.ni-.
ft.b.m..
4,072
5,148
3,326
4,279
18,741
2,643
5,388
4,252
3,386
17, 171
2,243
4,622
2,784
2,622
17, 723
3,759
5, 755
3,161
3,236
18, 610
2,419
5,889
2,342
2,300
18, 546
2,219
4,789
2, 353
3, 234
18, 210
3,629
4,656
2,486
3,665
19, 349
4, 763
5,667
2,964
3,665
18, 666
6,438
7,167
4,596
4,643
18, 828
3,037
5,598
4,226
4, 303
19, 195
4,437
5,998
4,480
4,512
19, 526
3, 283
5,771
4,103
3,573
20, 828
4,092
5, 606
2,451
4,421
19, 059
M ft.b.m..
M ft.b.m..
M ft.b.m..
M ft.b.m..
M ft.b.m__
8,061
8,241
8,115
9,041
64,168
12, 858
14, 567
18, 446
12, 793
50, 946
6,341
11, 377
9,376
9,563
62, 415
8,130
11, 456
6,953
8,624
65, 029
12, 263
12, 066
6,989
10, 017
63, 795
3,365
10, 655
6,854
6,417
65, 234
5,423
10, 245
6,900
5,137
65, 051
28, 238
29, 788
7,737
8,112
65, 285
682
17, 005
8,919
13,711
62, 532
5,800
12, 415
10, 360
9,476
63, 938
8,646
11, 135
9,546
9,813
62, 635
6, 521
9,426
8, 951
7,965
63, 375
6, 937
8,764
7,301
7,713
64, 251
128
208
165
158
1,789
1,581
128
200
150
131
1,728
1,528
128
211
143
124
1,740
1,530
143
234
131
124
1,784
1,550
71
218
135
116
1,870
1,652
230
124
90
1,887
1,657
124
240
128
116
1,891
1,651
135
239
120
128
1,862
1,623
150
265
135
131
1,856
1,591
113
241
116
124
1,861
1,621
94
232
146
109
1,914
1,682
80
453
373
65
350
285
76
364
382
334
44
395
352
46
411
365
46
414
48
425
377
48
424
376
44 i
427 i
383 !
41
442
401
,
447
71
554
482
78
549
471
76
557
481
92
570
477
85
582
496
85
584
499
88 |
588 i
500 i
90
582
492
110
578
468
95 !
580 [
485 I
95 i
606 i
511 !
91
623
523
9,574
10, 285
10,677
10,686
13, 298
15,178
11,162
19,965
18, 086
17, 227
18, 204
14, 581
16, 919
12,890 |
13, 090 |
10, 6Q7
25, 380
52,956 I 14,701
25,256 | 10,422
1,173 i
426 i
7,190
3,252
M
M
M
M
M
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_.|
Stocks, total, end of month
mill.ft.b.m..'
Unsold stocks.mill.ft.b.m.-j
Gum:
Orders, unfilled, end of month
mill.ft.b.m..
Stocks, total, end of month...mill.ft.b.m..
Unsold stocks.mill.ft.b.m..
Oak:
Orders, unfilled, end of month
|
mill.ft.b.m..!
Stocks, total, end of month., .mill. ft.b.in.J
Unsold stocks
_mill.ft.b.m_.j
Northern hardwoods:
!
Production.
M ft.b.m..
7,129
Shipments
M ft.b.m..! 13,290
11, 376
21,814
14, 290
13,039
Softwoods
!
Fir, Douglas:
!
Exports:!
Lumber •
__M ft.b.m.. 60,138 24,933 27,515 25,361 20,373 30,871 27, 599
Timber..
__M ft.b.m.. 34,513 16,408 16,043 I 14,854 11, 602 18,975 10,094
Orders:
119,970
New t
..M ft.b.m..|
122, 656 131,161 118,179 164, 287
Unfilled, end of month
...M ft.b.m..!
105,645 112,807 116,388 120,865 123, 351 142,352
Price, wholesale:
!
No. 1 common
dol. per M ft.b.m..! 18.00
18.56
18.27 ! 18.50
16.91
18.39
16.99
Flooring, 1x4, "B" and better
!
dol. per M ft.b.m..! 30. 00 32.62
33.71
37.00
37.00
33.79
33.85
Pr9duction 1
M ft.b.m..!
132,056 128,027 111,017 109, 226
188,460
Shipments ^
M ft.b.m.J
184,431 141,904 119, 522 118,179 106,093 81,472
0
Revised.
* New series. For earlier data, see p. 20 of the November 1932 issue, lumber exports.
§ Data revised for 1932, see pp. 44 and 45 of the June 1933 issue, exports of Douglas fir lumber and timber.
5 Data for August and November 1933, March and June 1934, are for 5 weeks; other months, 4 weeks.
9 Preliminary.
• Data revised for 1933. See p. 20, of the September 1934 issue.
1
|
I
I
!
16, 733
13, 354
25,492
13,876
20,824
119,970 145,933
144,143 j 123,103
19.00 !
37.00
132, 056
111,912
141, 457
152, 648
19.00
19.00
37.00
150,857
131,161
37.00
152, 648
136,980
139, 666
179, 059
18. 00 1
37.00
132, 056
106,988
228
116
94
1,940
9,578
83,710 I 89,530
153,991 i 225,167
18. 00
18.00
37.00 !
77,443 j
68,042 !
37.00
69,833
65,804
46
SURVEY OF CURRENT BUSINESS
October 1934
1933
Monthly statistics through December 1931, 1934
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
ary
ber
LUMBER
LUMBER—Continued
Softwoods—Continued
Hemlock, northern:
7,861
Production...
M ft.b.m.
10, 046
Shipments
M ft.b.m.
Pine, northern:
6,754
Orders, new...
M ft.b.m.
8,664
Production
M ft.b.m.
6,902
Shipments
M ft.b.m
Pine, southern:
Exports:
Lumber §
M ft.b.m.. 26,698
7,754
Timber §
M ft.b.m..
Orders:
New
M ft.b.m._ 113, 561
Unfilled, end of month
M ft.b.m._ 64, 366
34. 77
Price, flooring
dol. per M ft.b.m..
Production
M ft.b.m.. 98, 961
Shipments
M ft.b.m.. ] 113,913
Redwood, California: |
!
Orders:
New
M ft.b.m__t
Unfilled
M ft.b.m..|
Production
M ft.b.m._j
Shipments
M ft.b.m_.|
FURNITURE
Household:
!
All districts:
39.0
Plant operations *_
percent of normal..,
Grand Rapids district:
Orders:
5.0
Canceled
percent of new orders..!
New
no. of days' production.!
Unfilled, end of month
j
no. of days' production._|
Outstanding accounts, end of month
;
16
no. of days' sales. J
24.0
Plant operations f
percent of normal-8
Shipments
no. of days' production...
Southeastern district:
!
Orders, unfilled, end of month
j
dol., average per firm..! 34, 759
Shipments
dol., average per firm..! 63, 349
Prices, wholesale:
I
71. 5
Beds
1926=100..!
90. 1
Dining-room chairs, set of 6
1926=100.-]
87.5
Kitchen cabinets
1926=100._|
79. 4
Living-room davenports
1926 = 100_ _ i
Steel furniture. (See Iron and Steel Section.) !
1934
March
April
May
June
July
AND MANUFACTURES—Continued
2,731
13, 526
2,355
9,690
2,350
17, 775
2,991
14, 856
4,053
6,987
3,631
6,464
6,312
6,297
6,474
7,699
6,588
7,631
5,658
8, 734
10, 159
8,725
11,55
6,15
9, 323
16, 270
12,829
11,842
16,139
12,925
10, 253
8,664
12, 770
7,095
1,377
8,196
6,997
1,029
6,456
5,224
1,578
6,192
6,905
2,357
5,535
6,272
4,928
7,612
5,924
4,356
6,384
6,970
8, 933
6,000
8,794
11, 134
8,317
5,34
11,26
7,48
23, 843
8, 353
24,686
5,915
21,677
5,632
19, 038
5,229
21, 156
7,431
20, 415
4,516
22, 655
7,652
26, 549
6,491
27, 735
3,725
23, 113
8,885
26, 604
6,506
26,50
9,55
98, 426 91, 298
59,976 55, 073
37.93
35.30
113,504 103, 751
107, 226 90, 329
90, 617
54, 637
38.14
103, 108
95, 057
73, 167
53, 068
38.41
95, 983
81, 272
102, 720
76, 074
38.11
106, 019
88, 198
108, 336 133, 794
90, 425 87, 681
38.21
38.16
112, 141 124, 469
99, 193 117, 391
110, 348
97, 498
38.28
116,615
108, 320
121, 028
82,514
37.86
117,665
122, 202
100, 863
76, 325
38.02
107, 606
115, 461
90,79
77,59
36.5
99,22
96,29
23, 306
26, 325
22,154
24,481
39, 581
39, 810
16, 475
25, 733
15, 228
33, 872
16, 733
21, 674
13, 935
26, 853
19, 939
20, 349
20, 278
27, 698
22, 901
18, 943
26, 083
32, 222
25, 184
21, 755
19,217
30, 693
24, 482
20, 644
23, 300
33, 740
26, 199
20, 147
17, 958
32, 769
25, 880
19, 402
15,83
29, 53
20,64
18,15
42.0
34.0
31.0
30.0
30.0
30.0
30.0
32.0
35.
7.0
9.5
5
18
28.5
7
18
29.0
18 !
27.0 !
37, 518
37,943
34,123
51, 145
27, 627
o», iyt»
76.1
90.1
87.5
79.4
76.1
90.1
87.5
79.4
76.1
90.1
87.5
79.4
117, 535
70, 745
31.85
132, 539
128, 700
24, 017
30, 511
15, 390
30,818
22, 340
27,711
17,963
24, 758
46.0 |
55.0
3.0 !
13 !
5.0
12
14. 0 i
16.0
7 '
12.0
5
4.0
10
26
42.0
13
25
42. 0 !
13
23
36. 0
9
20 j
33.0
7
18
29.0 I
6
25
30.0
13
79,831 ! 93,899 36, 943 i 14,147 ! 11, 894
95,772 1 82,284 i 76,705 I 41,660 j 19, 698
73.2 j
91.0
85.6
76.7
76.1 j
91.0
87.5 :
76.7
76.1
91.0
87.5
81.7
METALS AND
76.1 i
91.0 i
87.5
79.4 ;
76.1
91.0
87.5
79.4
8.0 I
7 !
16
27.0
15
19.0
4t>, IV /
t'i, OiZ
OU, OZi
•10, y<t
74.9
73.2
90.1
87.5
79.4
71.5
90.1
87.5
79.4
71.
90.
87.
79.
26,360
90.1
87.5
79.4
40,317
!
MANUFACTURES
IRON AND STEEL
Foreign trade, iron and steel:
Exports §
-long tons _ 242, 947 119, 374 108, 799 164, 755 157, 600 184, 579 178, 023 151, 184 261, 269 201, 539 241, 753 219, 406 233, 186
24, 858
29, 465
17, 676
32, 418
26, 862
Imports *#
long tons
38, 393
46, 839
46 673
28 979
31 310
22 653
25 407
55 706
Price, iron and steel composite *
32.32
32.96
32.97
32. 24
32.67
dol. per long ton..
31.38
31.01
29.92
30.25
31.15
30.36
30.53
31.30
Sales, iron, steel, and heavy hardware
114
109
82
105
87
January 1921 = 100. _
91
99
105
107
88
100
93
78
Ore
Iron ore:
Consumption by furnaces
2,721
2, 958
600
1,444
2,470
thous. of long tons..
2,612
2,190
2,102
1,898
1,460
1,598
1,728
1,656
202
196
188
128
154
Imports #
thous. of long tons
159
151
107
86
89
64
136
79
Receipts:
Lake Erie ports and furnaces
3,362
3,118
1, 468
0
3,421
thous. of long tons.. 3, 092
0
3,930
4,205
918
20
0
0
683
1,090
1,151
o
0
o
0
o
Other ports
thous. of long tons
1, 147
1, 132
1,120
359
1,200
4,
461
2,631
4, 432
4, 162
0
Shipments from mines, -thous. of long tons..
5,504
4,543
5,101
785
6
0
0
0
Stocks, total, end of month
29, 961
25, 598
27, 043
thous. of long tons.. 32,713 30, 156 33, 449 36, 345 36, 200 34, 673 32, 973 31,216 29, 041 26, 581
25, 461
21,218 22, 700
22, 010
At furnaces
thous. of long tons27, 858
31, 044
25, 260
28, 415
30, 794
29, 346
24, 060
27, 727
26, 040
4,380
4,
343
4,500
Lake Erie docks
thous. of long tons
4, 856
5,327
4,571
5,301
4,896
5,034
5,406
4,981
5 246
5, 176
Manganese ore, imports (manganese content) J
2
49
48
30
21
20
thous. of long tons..
4
23
19
5
3
8
7
Iron, Crude, and Semimanufactured
Castings, malleable:*
32, 639
21, 862
24, 499
38, 453
21,306 28, 323 22, 744
Orders, new. _
short tons
19, 933
32, 501
42, 961
20, 830
26, 305
36, 594
23, 388
Production
short tons.. 23,910 31,811 27, 078 24, 381 21, 944 21, 870 30, 417 33, 939 43, 438 40, 742 37, 165 28, 340
27.6
33.4
42.7
47.9
27.8
28.4
Percent of capacity
25 0
49.9
36 6
31 6
25 6
35 8
40. 1
27, 591
25, 784
Shipments
_.
short tons
25, 402
20, 422
22, 310
30, 195
19, 676
26, 642
31,412 41, 530 39, 817 39, 493 31,607
Pig iron:
Furnaces in blast, end of month:
67, 300
35, 585
63, 270
48, 190
31 295
Capacity
long tons per day
48 215
39 755
35 505
41 085
56 070
34 410
46 260
53, 720
75
89
110
117
Number
61
98
89
79
89
96
76
75
87
Prices, wholesale:
18.00
18.00
17.25
18.00
Basic (valley furnace) ...dol. per long ton-18.00
17.00
17.00
16. 20
17.00
17.00
17.00
17.00
17.00
18.94
18. 94
18.94
18.36
Composite pig iron
dol. per long ton.. 18.94
17.84
17.94
17.84
17.94
17. 16
17.87
17.94
17.94
Foundry, no. 2, northern (Pitts.)
19.64
20.39
20.39
20.39
19.39
19.39
dol. per long ton..
18.59
19.39
19.39
19.39
19.39
19.39
20. 39
2.043
1,727
1,930
Production
thous. of lone tons..
1,225
1.054
1.522
1.356
1.085
1.182
1.264
1.620
1.833
1.215
* New series. Earlier data on furniture activity, all districts, not published. For imports of iron and steel, see p. 20 of the November 1932 issue, for castings, p. 20
of the April 1933 issue. New series on iron and steel composite price will be shown in a subsequent issue.
§ Data revised for 1932. For revisions, see p. 45, exports of Southern pine lumber and timber, and p. 45, iron and steel, of the June 1933 issue. Data revised for 1933;
see p. 20, of the September 1934 issue.
t Revised. Data prior to April 1933 not published.
j Beginning with January 1934 the report includes all known operators. Prior to this time approximately 89 percent of the listed capacity was included.
If Imports from Cuba not included.
# See footnote on p. 35 of this issue. Data revised for 1923; see p. 20 of this issue.
SURVEY OF CUEEENT BUSINESS
October 1934
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
1934
August
47
1933
1934
Decem- January FebruOctober NovemAugust September
ary
ber
ber
March
April
May
June
July
METALS AND MANUFACTURES—Continued
IRON AND STEEL— Continued
Iron, Manufactured Products
Cast-iron boilers and radiators:
Boilers, gas-fired:
Production
. __ thous. 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: t
Orders:
New
number of boilers.. 36, 006
Unfilled, end of month, total
number of boilers..
9,893
Delivery, 30 days or less
number of boilers. . 8,695
Delivery, more than 30 days
number of boilers. . 1,298
Production
number of boilers.. 37, 735
Shipments
number of boilers_. 35, 751
Stocks, end of month. .number of boilers.. 35, 853
Boilers, round:
Production
__ _
thous. of lb__
Shipments
thous. of lb_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 t _ _
62
Ileating elements, including cabinets and
grilles. -thous. of sq. ft. heating surface J._
178
Sanitary Ware
Bathroom accessories: t
Production
number of pieces
205 380
Shipments
__ number of pieces
21l' 005
Stocks, end of month
number of pieces
375 376
Plumbing brass. (See Nonferrous metals.)
Plumbing and heating equipment, wholesale
price (8 pieces)*
dollars.. 218. 16
Porcelain enameled flatware:
Orders, new, total...
dollars.. 719, 146
Signs
-__
dollars-- 306, 463
Table tops
dollars-- 145, 494
Shipments, total
dollars-- 740, 802
Signs
,
dollars-- 332, 917
Table tops
dollars.. 145, 001
Porcelain plumbing fixtures:
Orders:
New, net
number of pieces
9 723
Unfilled, end of month-number of pieres..
4, 333
Shipments
_ __ __ number of pieces
2 "42
Stocks, end of month
number of pieces. . 9,626
Vitreous-china plumbing fixtures:
Orders:
New, n e t _ _
__ number of pieces
126 652
Unfilled, end of month. number of pieces.. 105, 703
Shipments
number of pieces
118 659
Stocks, end of month
number of pieces. . 636, 872
Steel: Crude and Semimanufactured
Bars, steel, cold finished, shipments .short tons,. 17, 622
Castings, steel:*
Orders, new, total
short tons.. 25, 531
Railway specialties
short tons
5 697
Percent of capacity
_.
16 3
Production, total
short tons.. 43, 735
Railway specialties
_ short tons
17 741
Percent of capacity
27 9
Ingots, steel: §
Production
thous of long tons
1 363
Percent of capacity
23
Prices, wholesale:
Composite, finished steel
dol. per lb._
.0244
Steel billets, bessemer (Pittsburgh)
dol. per long ton..
27.00
Structural-steel beams (Pittsburgh)
dol. perlb-.
.0180
Steel scrap (Chicago).... dol. per gross ton
9.19
U.S. Steel Corporation:
Earnings, net
thous of dol
Shipments, finished products * long tons. ~. 378, 023
52, 737
61, 446
56, 558
486, 438
84, 667
95, 765
90, 566
473, 506
69, 680
93, 860
90, 742
449, 326
24, 813
47, 843
46, 783
426, 297
18, 268
37 609
34, 155
406, 956
72, 351
37, 800
34, 273
29, 174
30, 509
45, 788
88, 274
39, 974
39, 326
35, 683
34, 627
33, 576
35, 360
17, 744
7,612
6,905
13, 307
20, 555
21, 725
14, 368
17, 013
11,338
11,818
9,738
32, 229
16, 054
5,726
5,407
6,275
16, 454
19, 002
12, 044
13,101
8,688
9, 150
7,844
3,131
64, 887
62, 690
37, 865
1,690
56, 151
55, 416
38, 600
1,886
46, 366
44, 405
40, 561
1,498
28, 589
29, 881
39, 269
7,032
22, 205
27, 125
33, 897
4,101
43, 466
38, 540
38, 823
2,723
80, 668
87, 104
32, 387
2,324
49, 100
46, 301
35, 186
3,912
35, 960
36, 681
34, 465
2, 650
41, 02]
41 358
34, 128
2, 668
34, 741
33, 180
34, 902
1,894
33, 255
33 746
33, 869
5,408
4,357
29, 394
5,076
6,137
28, 548
5,820
9,374
25, 329
4,531
5,500
24, 636
3 414
3, 156
35,005
4 890
2,823
35, 685
4,246
3,081
40, 012
4 913
2,827
40, 558
3 982
2 544
42, 012
4 133
2 659
43 585
3 342
2 361
44, 544
2 6^1
2 592
44 739
15, 240
14, 685
121,451
15, 248
20, 509
117, 419
11,336
24, 841
104, 835
10, 622
14, 622
100, 784
9,048
9 064
89, 667
9,980
8,300
96, 896
11, 428
8 710
104, 263
15, 255
8 241
108, 077
11,965
8 287
111,800
15 014
8 332
118,411
15, 498
10 029
123, 956
11 652
11 172
124,414
6 025
5 640
4 430
4 575
4,991
4 965
4 698
4 467
3 344
3 592
4 908
6 362
4 237
3 572
4 178
3 184
3 667
3 564
3 557
3 604
3 495
3 586
3 333
3 523
4,436
3,876
3, 147
2,667
2,839
2,206
2 184
1,680
1 581
1,627
2 570
3,414
2 610
2,390
2 730
2,094
2 450
2,175
2 856
2,570
2 ^36
2, 445
2 282
2,180
5,355
4,354
4,326
5,173
3,273
6,076
2,989
4,794
1,655
2,870
2,266
2,484
2,409
2,307
2,923
2,182
2,663
2,682
3,969
2,630
3, 964
3, 197
3,483
3, 136
36, 317
35, 614
32, 926
31, 249
30, 029
30, 295
30, 593
31, 365
31, 389
32, 775
33, 537
33, 867
64
68
137
123
95
126
45
77
30
45
52
77
173
163
172
160
96
60
76
97
135
95
122
128
263 940
276 601
371 407
227 363
231 814
366 956
348 414
357 964
357 406
191 441
182* 852
365 995
94 141
88 297
361 424
169 894
174 069
357 249
147 407
136 027
368 629
167 684
108 593
106 716
374 420
°»7fi 9Q7
933 ]7fl
219 629
383 646
292 872
2°3 461
383 557
156 270
150 739
383 161
205. 78
215. 02
214. 96
209. 82
204. 10
204. 17
204. 74
203. 50
217. 40
672, 671
236, 017
218,010
698, 452
239, 526
244, 588
638, 236
233, 255
166, 039
620, 876
203, 417
182, 013
609, 456
264, 384
82, 274
618, 572
251, 120
97, 210
668, 426
446, 101
44, 194
536, 450
219, 762
50, 208
346, 459
173, 676
42, 609
439, 693
257, 021
48, 538
391, 358
165, 402
62, 019
472, 676
238, 110
62, 900
521, 796
155, 005
106, 895
530, 096
204, 817
99, 155
731, 321
197, 691
105, 844
715, 665
231, 974
114, 041
4 240
5,481
3 211
9,716
5 452
7^214
3 552
9,' 509
9 949
5 831
9,264
2 548
10, 076
1 598
8,947
1 562
10! 071
1 818
8,722
1 909
9,162
1 508
8,320
1 779
9,575
1 455
6J888
2 594
8,951
31 370
46 981
120, 597
87, 768
99 403
64 199
4K 906 477, 474
35 067
80, 173
42 662
579, 227
56 577
81, 334
55 416
643, 054
79 106
89, 878
70 688
660, 658
60 045
75, 198
74 7^5
683, 797
700, 419
180
231,
189
325,
379
818
923
530
103
173,
162
348,
475
019
274
233
6,201
3 135
9,402
216. 88
218. 91
217. 88
817,818 899, 506
286, 555 343, 340
119,387 112,965
722, 258 842, 156
215, 673 302, 888
117, 335 110, 862
736, 858
266,811
107,398
826, 975
307,511
116,601
594, 146
226, 883
110,079
738, 460
304, 752
106, 273
1 822
5,277
9,140
2 °. ^4
10, 422
1 7*}9
4, 852l
1 76 )
10, 981
1 785
4,390
1 954
10, 762
QQ CCC
1 1fi ^9°,
197 ^7
80, 450
87, 095 103, 400
1 09 878
693, 986 677, 830
1 787
6,276
9 074
88 4°,fi
97, 710
658, 788
46, 312
35, 468
27, 877
21, 792
42, 036
19, 409
25, 989
27, 838
28, 885
30, 809
29, 940
18, 130
31, 502
8 185
25, 220
6 414
16 1
28, 087
5 254
17 9
26, 135
6 649
16 7
27, 826
6 09°
17 8
25, 558
4 140
16 3
24, 721
4 6^5
15 8
25,612
4 900
26, 296
5 852
16 8
27, 644
35, 698
15 471
60, 046
63, 142
46, 831
41, 537
« 41, 822
ID 408
99 4fl7
46, 242
57,313
50, 268
° 46, 182
o« a
00 1
9 98°,
f\QK.
C91
9Q 1
33, 834
6 996
21 6
2 8fi4
2
1
1 fi 4
23, 718
5 094
15 1
9fi 7^8
99 8
QQ O
28, 526
6 428
39, 491
1 7 f\
189
1 9 1 74
9Q
£>
a
29 5
CO
27
.0253
.0253
. 0246
29.00
29.00
27.40
. 0185
9.75
.0181
9.55
49
40
37
27
33
33
41
.0217
.0220
.0226
.0226
.0231
.0231
.0231
.0231
.0240
26.00
26.00
26.00
26.00
26.00
26.00
26.00
26.00
26.75
.0160
10.45
.0161
9.84
.0170
9.33
.0170
8.56
.0170
8.94
.0170
10.50
.0170
11.00
.0170
12.13
.0170
11.75
.0185
10.95
CO
11 817
5 537
6 C7Q
"668," 155" 575, 161 572,897 ! ~430,~358" 600, 639 331, 777 385, 500 588, 209 ~643~669~ "745," 063" 985, 337 ""369,138
* New series. For earlier data, see p. 20 of the January 1933 issue wholesale price of plumbing and heating equipment and for United States Steel Corporation shipments,
s p. 18 of the January 1934 issue. Earlier figures on convection-type radiators prior to January 1932 not published,
t In equivalent direct radiation.
t Revised series. For earlier data on bathroom accessories see p. 20 of the October 1933 issue, and for range boilers see p. 20 of the July 1934 issue.
§ Data for 1933 revised. See p. 47 of the August 1934 issue. For 1932 revisions, see p. 46 of the July 1933 issue.
Revised.
See footnote on p. 20 of this issue.
48
SURVEY OF CURRENT BUSINESS
1934
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
October 1934
1933
1934
i DecemAugust August Septeem- October November | ber January
February
March
April
May
June
July
METALS AND MANUFACTURES—Continued
|
EL— Continued
ured Products
[ month
number. _ 605, 573 534,549 i 539,846 492, 072 333, 443 597, 453 527, 377 500, 355 726, 569
316, 340 480, 670 1 519, 191 798, 981 577, 017 556, 586 662, 293 521, 950 620, 439
number
58.9
789, 474
42, 685
42.6
582, 299
37, 403
41.9
556, 627
37, 151
48.8
660, 688
38, 479
38.6
520, 987
39, 442
46.0
628, 485
31, 396
820, 884
589 182
43.6
590, 337
30, 241
865, 012
431, 567
34.3
426, 175
35, 633
935, 651
612, 695
48.7
607, 692
41 158
684, 403
519, 444
41.9
528, 847
31 755
428
447
427
395
287
296
309
328
236
249
227
212
376
294
441
380
277
304
360
415
377
455
number-number
25.5
318, 678
29, 461
thous. of sq. ft._.
number of boilers _
566
597
994
611 1
..thous. of doL.
thous. of doL.
„.. -thous. of doL.
870
815
1,101
837 i
684 j
693 !
869
819
734
800
794
825
865
764
800
964
719
1,040
1,059
781
997
1,023
910
894
1,020
975
956
972
1,013
934
1,039
975
1, Oil
1,115
1,044
1,046
866
1,047
863
_ . . thous. of dol .
mth
thous. of doL.
thous. of dol_-
206
172
226
« 197 i
«223 1
« 182 !
142
200
164
185
239
146
191
234
196
288
231
200
260
276
215
274
272
279
396
272
395
321
246
346
343
301
288
253
200
3.54
222
191
231
thous of dol
thous. of doL.
thous. of doL,
>
thous. of doL.
ew orders, total
short tons.,
short tons
7anized, and full fin-
162
196
166
162
120
225
107 i
152 I
93
192
126
122
98
158
132
118
136
147
147
118
125
151
113
170
131
156
126
190
143
174
126
174
158
166
166
231
154
157
164
246
159
160
161
238
186
194
153
201
136
200
130
171
16, 320 i 16, 166
2 581 i 1, 033
17, 964
1,434
14, 466
3, 734
13, 692
2,160
15, 897
3,754
14,641
2,476
38, 924
2,202
20, 085
2,998
21,891
8,746
27, 395
11,019
« 12, 523
2,028
79, 141
102, 262
146, 106
45.0
174, 829
105, 331
52, 353
88, 354
94, 270
102, 585
31.6
99, 499
105, 950
55, 495
110, 263
92, 831
113,111
34.9
111,867
101, 220
51, 622
209, 463
166, 182
163, 622
50.4
130, 878
106, 310
54, 922
184, 355
206, 292
194, 830
60.0
146, 905
117, 230
63, 600
158, 244
159, 672
220, 282
67.8
200, 701
114,934
57, 722
272, 412
251, 123
214, 522
66.0
184, 042
135, 796
53, 683
246, 315
257, 845
256, 537
79.0
240, 730
137, 510
48, 714
114, 855
74, 392
199, 438
61.4
301, 832
106, 950
56,666
72,517
69, 472
85, 286
26. 2
85, 442
110,400
71,362
35.5
38.3
470,632 ! 524,719
38,706 ! 33,178
!
rath
mth
...short tons.,
short tons _
short tons _
16,293
3,334
short tons..
short tons..
short tons
66, 064
64, 270
77, 197
23 8
77. 706
109, 282
71,968
thous. of long tons
short tons.. '
o, 364
th
.._
totaL
115
158,830
212,879
203,893
62 8
174, 480
115, 876
51 293
| 145,320
: 194,223
i 180,304
1
55. 5
163, 634
115, 183
i 53,617
200 '
3,425 I
195
3,845
188
186
175
3,006
3,087
2,759
85
2,811
101
164
160
166
150
80
3,310
4,446
6,132
5,764
6, 184
5. 226
747;
830
64
373
393
340 !
341 !
43 !
195 I
151 i
94
234
54
42.6
31.7
42.1
36.6 !
29.6 !
38.3
12,242
2,594
14,222
5,871 I
2,113 i
6,352 I
13,999 !
0 j
0
0 i
0
15 !
1,048 !
150
101
162
25,464
37.2
105
52
a
168
29,891
45.9
116 ;
Revised.
3 Discontinued.
*New series. For earlier data see p. 20 of the December 1932 issue, tin and terne plate, p. 19 of the January 1933 issue, stokers, p. 20 of the July 1934 issue for new orders
machine tools (including forging equipment). Current oil-burner series available only back to January 1933 are based on reports from 149 concerns; see p. 48 of the
May 1934 issue for January, February, and March 1933 data.
October 1934
SURVEY OF CURRENT BUSINESS
49
1933
Monthly statistics through December 1931, 1934
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
1934
March j April j
i
i
May
June
July
METALS AND MANUFACTURES—Continued
MACHINERY AND APPARATUS-Con.
Pumps:
Domestic, water, shipments:
Pitcher, hand, and windmill
units- 34, 077
Power, horizontal type
units..
821
Measuring and dispensing, shipments'
Gasoline:
Hand operated
. _ ...
units
620
Power.
units _
2,630
Oil, grease, and other:
Hand operated
_
units.. 5, 092
614
Power
units
Steam, power, and centrifugal:
Orders:
580
New
thous of dol
Unfilled, end of month
thous, of dol._
Shipments
-thous. of doL.
Water-softening apparatus, shipments .units .
Water systems, shipments
_._unitS--L _ __
Woodworking machinery:
Orders:
Canceled.
_. . thous. of dol
New
.thous. of doL.
Unfilled, end of month
thous. of dol_Shipments:
Quantity
- .«
machines
Value -.
thous. of dol
42, 713
509
34, 051
396
24, 468
505
20, 178
427
17, 539
395
21, 242
317
32, 734
450
30, 620
639
26, 887
553 I
29, 848
777
34, 320
715
27,851
891
1,190
5,197
851
3,683
379
1,751
274
1,103
262
1,356
488
1, 262
659
1,890
834
1,894
685
2,745
692
3,327
773
2,712
488
3, 193
15, 621
774
10, 588
1,005
7,889
916
6,517
683
3,003
342
4, 468
411
5,323
621
6,119
404
6,678
613
6,960
608
5,526
579
5,242
488
786
1,616
642
232
7,563
771
1,775
609
329
6,084
638
1,798
608
227
4,378
607
1,714
687
200
3,045
545
1,526
704
196
2,631
663
469
727
654
665
703
P",
541
1
333
346
6
309
306
8
240
262
26
214
256
8
209
215
9
279
277
8
286
303
6
292
250
256
263
219
337
238
337
202
273
131
192
143
243
136
213
199
244
199
342 i
143 •
247 .
12, 985
8,304
16, 262
21, 636
13, 633
7,958
14, 365
13, 936
13, 534
. 2095
.0907
.2290
.0738
.2290
.0738
.2290
.0738
.2290
.0738
.2290
.0788
.2290
.0836
.2095
.0981
.2095
.1025
1, 856
457
1,400
2,754
694
2,060
2,419
615
1,804
2,091
536
1,555
1,964
357
1,606
1, 459
416
1,043
2,256
417
1,839
2,147
431
1,716
24, 279
16, 565
15, 048
. 0878
12, 955
14, 335
14, 319
.0877
12, 127
17, 403
17, 343
.0875
10, 733
8,164
8,164
.0795
13, 108
15, 338
15, 334
.0788
15, 962
18, 290
18, 287
.0789
14, 459
16, 092
15, 700
.0789
2,238
21, 958
4, 093
26, 369
5,333
29, 847
3,495
28, 941
2,224
27, 471
1,590
1,587
.0375
22, 999
33, 606
234, 312
674
.0450
18,611
36, 054
160, 211
84
.0450
28, 021
29, 129
166, 201
645
.0431
35, 399
33,314
174, 721
933
.0429
38, 459
30, 719
187, 814
1,780
4, 045
2,826
.5195
3,110
8,020
9,166
.4474
3,030
5,105
5,885
.4665
2,920
6, 035
6,895
.4792
15, 494
4,968
33, 534
5,788
30, 162
6,003
27, 686
16, 992
26, 605
10, 496
.0428
26, 269
30, 442
21, 659
21, 659
102, 192
.0492
33, 510
27, 220
42, 403
42, 381
99, 264
1
|
i
248
244
225
3
237
233
2
252
297
172
292
123
220
127
186
10, 576
16, 685
13, 394
13, 249
.2095
.1069
.2095
.1106
. 2095
.1003
. 2095
.0938
2,474
498
1,976
2,528
564
1,964
2, 426
536
1,890
2,262
643
1,619
•1,989
•663
•1,435
19, 395
5,785
5,533
.0778
24, 210
25, 382
24, 729
.0778
24, 925
13, 724
13,418
.0817
22, 306
15, 247
15,011
.0828
30, 721
23, 226
23, 221
.0859
25, 324
14, 780
14, 724
.0878
25, 592
1.524
22,137
1,404
24, 375
3,597
24, 005
2,933
25,729 •21,803
5, 082
3,390
22,304
1, 518
1,732
.0414
36, 649
26, 034
203, 061
826
.0400
34, 818
33,911
207, 674
0
.0400
31, 892
25, 778
216,224
1,928
.0400
31. 379
30, 365
221, 465
955
.0418
28, 723
30, 673
222, 892
1,537
.0414
34, 741
29, 316
233, 245
1,662
.0398
29, 695
28, 276
238, 181
1, 719
.0377
27, 354
29, 479
240, 595
2,880
3,350
3,335
.5307
2,710
3,130
4,425
.5287
1,320
3,310
0
.5188
1,670
2,940
1,944
.6162
2,540
3,835
3, 569
.6374
2,480
4,405
3,307
.5560
2,570
4, 110
3, 932
.5352
2,330
3, 845
4, 242
.5122
1,240
3, 575
4,900
.5192
27, 940
6,664
26, 075
6,769
23, 812
7,504
22, 476
8,209
21,694
7,014
20, 423
6,459
17, 704
5,649
17, 371
5,089
17, 251
5, 094
16, 313
6, 461
28, 952
14, 064
24, 637
13, 787
19, 083
15, 514
28, 255
12, 000
20, 802
19, 428
21,600
14, 778
26, 487
17, 211
25, 689
16, 562
25, 300
17, 922
34, 934
21, 788
11,820
13, 368
.0470
33, 279
25, 416
34, 279
34, 279
98, 264
.0475
35, 141
26, 820
37, 981
37, 937
95, 424
. 0452
32, 582
28, 142
26, 783
26, 783
101, 223
.0446
32, 022
27, 190
27, 685
27, 663
105, 560
.0427
32, 954
28, 744
26, 532
26, 488
111,982
.0438
30, 172
30, 763
32, 361
32, 361
109, 793
.0437
33, 721
26, 952
32, 753
32, 750
110, 761
.0437
30, 562
26, 692
31,948
31, 948
109, 375
. 0435
30, 992
27, 193
35, 635
35, 635
104, 732
.0424
25, 143
31,284
30, 186
30, 138
99, 689
. 0432
• 24, 843
30, 324
26, 950
26, 950
0
97, 582
NONFERROUS METALS AND
PRODUCTS
Metals
Aluminum:
Imports, bauxite #
long tons
Wholesale prices:
No. 1, virgin, 98-99, N.Y
dol. per lb._
Scrap, cast, N.Y
_-..dol. per lb.Babbitt metal:
Production, total
thous. of lb._
For own use
thous. of lb__
Sales. __
„
thous. oflb..
Copper:
Exports, refined § * . _
short tons
Imports, total § #
short tons..
Ore and blister
short tons
Price, electroilytic,N.Y
dol. per lb_.
Qold. (See F nance.)
Lead:
Ore:
Keceipts in U.S. ore
..short tons
Shipments, Joplin district
short tons..
Refined:
Imports #
short tons..
Price, pig, desilverized, N.Y._,dol. per lb_.
Production
short tons..
Shipments, reported
short tons
Stocks, end of mouth __
short tons
Silver. (See Finance.)
Tin:
Consumption in manufacture of tin and
terneplate*
long tons
Deliveries .
long tons
Imports, bars, blocks, etc. #
long tons .
Price, Straits, N.Y...
dol. per Ib
Stocks, end of month:
World, visible supply
long tons
United States
long tons
Zinc:
Ore, Joplin district:
Shipments
short tons
Stocks, end of month
short tons..
Price, slab, prime, western (St Louis)
dol. per lb_.
Production, total (primary) §... short tons..
Retorts in operation, end of mo
number..
Shipments, total §
short tons
Domestic §
..short tons..
Stocks, refinery, end of month §. short tons..
Electrical Equipment
Conduit, nonmetallic, shipments.thous. of ft.. 1,575
1,293
2,803
1,069
1,252
814
1,606
1,097
1,111
1,488
1,981
1,551
1,426
Delinquent accounts, electrical trade. (See
Domestic trade.)
Furnaces, electric, new orders
-kilowatts.. 1,150
1,452
664
936
829
1,422
981
1,147
1,462
1,415
1,090
484
479
Electrical goods, new orders t (quarterly)
1
thous. of dol. _
98, 768
88, 544
92, 302
128, 034
Laminated phenolic products, shipments
dollars. . 695, 382 608, 788 585, 454 561, 984 493, 125 438, 483 601, 395 566, 490 844, 449 780, 160 760, 788 804, 870 667, 198
Mica, manufactured:
Orders, unfilled, end of month
thous. of dol._
46
124
136
157
107
124
112
142
63
78
78
53
Shipments
--thous. of dol..
99
111
130
106
100
120
99
121
111
147
158
114
106
Motors (direct current):
Billings (shipments)
_
dollars..
289, 101 255, 170 238, 047 295, 298 414, 804 220, 776 309, 232 274, 937 287, 031 280, 771 335, 307
260, 355
Orders, new
dollars..
453, 476 253, 015 272, 973 283,037 375, 719 235, 394 215, 558 337, 280 245, 784 32.1, 483 366, 613
207, 654
Panelboards and cabinets, shipments
thous. of dol..
167
148
162
191
205
148
152
192
197
225
204
211
• New series. For earlier data, see p. 20 of the December 1932 issue.
§ Data for 1932 revised; for revisions see p. 48 of the June 1933 issue, exports of
• Revised.
refined and total imports of copper; for revisions of 1933 on zinc, see p. 49 of the
t Revised series. For earlier data see p. 19 of the Aueust 1933 issue.
February 1934 issue.
• Data on exports revised for 1933. See p. 20 of the September,
# See footnote on p. 35 of this issue. Data for 1933 revised. See p. 20 of this
1934 issue.
issue.
50
SURVEY OF CURRENT BUSINESS
Monthly statistics through December 1931, 1934
1933
together with explanatory footnotes and references to the sources of the data, may be found August August Septem- October
in the 1932 Annual Supplement to the Survey
ber
October 1934
1934
No v e m
b er -
Decem- January Februber
ary
March ! April
May
June
July
METALS AND MANUFACTURES—Continued
NONFERROUS METALS AND
PRODUCTS-Continued
Electrical Equipment — Continued
Porcelain, electrical, shipments:
Special
dollars
49, 371 59, 120 53, 046 59, 028 51, 736 42, 433 30, 426 28 568 43 433 40 374 42 307 51 359
53 523
Standard .
dollars.. 24, 691 47, 342 37, 186 25, 118 23, 738 14, 657 20, 543 17, 244 22, 403 27 666 22 169 21, 539
22 383
344
312
Power cables, shipments
thous. of ft
313
404
173
177
321
180
390
337
363
312
Power switching equipment, new orders:
Indoor
dollars
27, 613
27,911
27, 178
31, 347
32, 289
28, 619
27
611
33 122
33 903
35 475
22
920
33 283
65, 875
Outdoor
_ .dollars
81, 635
38, 321
39, 083
47, 550
38, 002
43, 075
92 297
86* 788 115 806
90 477
125* 838
Radiators, convection type. (See Iron and
steel.)
49, 945
50, 484
47, 770
Reflectors, industrial, sales.
units..
59, 451
53, 768
49, 978
45, 604
52 453
48, 456
46 681
44 666
57 641
Vacuum cleaners, shipments:
43, 916
61, 340
62, 000
Floor cleaners
__ .
number. _
59, 246
60, 000
45, 006
54 000
78 475
65 526
65 213
50 348
40 065
13, 198
18,317
13, 856
14, 802
Hand-type cleaners *
number..
15, 945
18, 357
20,014
11,908
23,461
18, 759
12, 025
21, 738
Vulcanized fiber:
1,948
1, 963
1,591
1,741
Consumption
thous. of Ib
1,798
1,876
1 552
1 464
1 767
1 908
1 833
1 839
1 912
329
446
412
Shipments
thous. of dol
353
313
406
313
*294
' 451
387
' 357
432
316
Welding sets, new orders:
6
4
9
1
1
0
9
4
4
Multiple operator
units. _
0
2
2
305
143
147
141
176
306
219
Single operator
.
units.
252
292
335
332
333
Miscellaneous Products
Brass and bronze (ingots and billets) :
5,027
3,764
Deliveries
net tons
4,386
2,663
2,145
14 664
Orders unfilled end of month
net tons
14 065
13 465
14 447
13 678
Brass, plumbing:
Shipments *
number of pieces.. 707, 156 1,060,739 844, 606 695, 863 526, 883 347, 988 552, 353 660, 820 799, 592 704, 816 788, 911 740, 222 a 693, 979
.144
.145
.140
.138
.145
.143
.147
.138
Brass sheets, wholesale price, milL.dol. per lb-_
.148
.139
.148
.148
.138
Copper, wire cloth:
Orders:
Make and hold-over, end of month
48
63
56
49
50
76
51
289
thous. of sq. ft..
249
107
97
93
80
314
282
279
238
369
307
691
New
.. thous. of sq. ft
491
362
325
249
316
368
798
745
622
461
423
393
729
451
459
Unfilled, end of month
thous. of sq. ft..
657
603
568
460
418
343
382
281
444
324
430
350
364
459
391
356
Production
thous. of sq. ft__
460
384
378
401
311
325
300
380
492
312
Shipments
thous. of sq. ft
466
351
339
489
725
748
788
814
696
714
718
Stocks, end" of month
thous. of sq. ft_.
682
714
680
636
657
698
Fire-extinguishing equipment. (See automobiles.)
PAPER AND PRINTING
WOOD PULP
Chemical:
Consumption and shipments, total t
short tons
Soda
short tons
Sulphite, total
short tons .
Bleached
short tons
Unbleached
short tons
Sulphate
short tons
Imports f #
short tons.. 142, 864
Price, wholesale, sulphite, unbleached
dol. per 100 lb._
2.10
Production, total f
.
..short tons..
Soda
short tons
Sulphite, total
_ . short tons .
Bleached
.. .
short tons.. - - . - _ _
Unbleached
short tons
Sulphate
short tons
Mechanical (ground wood): f
Consumption and shipments
short tons..
Imports #
short tons.. 17, 272
Production
short tons
307, 192
32, 345
134, 884
65, 919
68, 965
139 963
194, 641
298, 680
31,261
143, 912
74, 397
69, 515
123 507
192, 338
303, 620
32, 637
147, 783
67, 770
80, 013
123, 200
191,019
267, 383
28 081
144, 472
54, 412
90, 060
94, 830
218, 833
278, 551
33 897
153, 579
65 050
88, 529
91 075
158, 815
1.75
309, 065
33, 039
134, 934
65, 202
69, 732
141, 092
1.79
303, 195
31,834
146, 480
78, 395
68, 085
124, 881
1.91
306, 576
33, 000
150, 253
68, 524
81, 729
123, 323
1.95
275, 405
28, 831
149, 809
57, 155
92, 654
96, 765
1.95
275, 700
34, 448
151, 434
64, 726
86, 708
89, 818
116, 275
21,354
103, 540
99, 726
24, 909
92, 083
102, 654
30, 966
103, 274
108, 456
25, 912
108, 024
105, 101
15, 872
107, 465
139, 835
2.10
14, 713
109, 405
77, 150
125, 486
136, 947
150, 031
2.10
2.10
2.10
2.10
2.10
2.10
11, 408
9,239
14, 243
17, 555
11,051
21, 037
144, 133
PAPER
Total paper:
925, 347 852 366 797,014 785, 374 738, 266
Production f
short tons
921, 401 854, 959 789, 048 754, 153 733, 585
Shipments f
.short tons
Book paper:
Orders, new:
52
53
51
61
57
67
52
50
Coated
percent of normal production
67
63
59
54
70
68
61
64
59
59
63
58
Uncoated percent of normal production. .
61
63
Orders, unfilled:
5
5
7
6
7
6
6
6
Coated
number of days' production
7
9
5
4
6
7
5
5
5
10
Uncoated
number of days' production _
4
98, 842
90, 534
99, 746
90, 708
Production f
short tons
85, 419
Percent of capacity
_ ._
_
98, 644 100, 943
88, 271
Shipments f
short tons
89, 710
88, 580
Newsprint:
Canada:
Exports. _. _
short tons_. 183, 930 165,880 177, 806 171, 947 162, 293 185, 637 187, 821 131,919 239, 443 157,031 222, 071 202, 177 212, 845
179, 655 188, 827 204, 136 175, 304 188, 381 174, 447 211,819 216,510 242, 490 229, 637
Production
_
.short tons 216, 164 "196,603
208 238
Shipments from mills
short tons. _ 209, 938 0 196, 703 183, 994 187, 734 211, 520 172, 285 186, 805 169, 054 207, 906 220, 769 236, 764 225, 449 199, 926
Stocks, at mills, end of month.. short tons.. 61, 359 « 41, 792 37, 237 38, 415 30, 858 33, 847 34, 711 40, 445 42, 973 37, 247 42, 459 46, 782
55, 099
United States:
Consumption by publishers.. .short tons.. 145, 095 127, 837 134, 306 152, 098 154, 934 148, 427 140, 955 153, 958 156, 721 160, 815 193, 088 154, 175 150, 500
Imports #
short tons 171,390 151,210 177, 750 175, 711 176, 766 168, 787 168, 752 124, 584 168, 839 196, 490 204, 036 200 004 197, 227
Price, rolls, contract, destination, N.Y.
40.00
40.00
40.00
40.00
40.00
40.00
40.00
40.00
bases..
dol. per short ton-- 40.00 a 40.00
40.00
40.00
40.00
82, 052
84, 897
85, 327
80, 903
72, 091
71, 544
84, 966
80, 505
87, 567
80, 895
Production, total
short tons
89, 726
82, 260 00 74,017
84, 629
74, 139
68, 127
83, 196
82, 031
Shipments from mills
short tons
90, 482 « 83, 447
81, 580
88, 078
89, 957
78, 480
86, 829
68, 047
Stocks, end of month:
18, 991
17, 784
22, 060
20, 601 "39,146
19, 152
22, 335
20, 337
19, 676
18, 566
At mills
short tons
18, 630
24 080
30 174
At publishers
.
short tons 270, 690 171,011 177, 732 178, 159 184, 875 199, 845 208, 895 192, 808 192, 335 202, 467 216, 061 241, 136 253, 489
In transit to publishers
short tons.. 27, 670 30, 934 34, 214 36, 679 40, 746 37, 557 34, 737 38, 345 45, 749 43, 432 46, 200 28,915
28, 202
* New series. For earlier data on hand type vacuum cleaners see p. 20 of the August 1934 issue. Data prior to July 1931 not published on brass plumbing fixtures.
f Revised series. For earlier data see pp. 18, 19, and 20 of the November 1933 issue for chemical, mechanical wood pulp, and total paper; p. 49 of the June 1933 issue for
1932 for chemical wood pulp imports; and p. 19 of the December 1933 issue for book paper.
# See footnote on p. 35 of this issue. Data for 1933 revised. See p. 20 of this issue.
« Revised.
October 1934
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
1934
51
1934
1933
August August
January Febru-
October I
March
April
May
June
July
PAPER AND PRINTING—Continued
PAPER— Continued
Paper board: *
Production
-Short tons..
Shipments
short tons
Box board: §
Consumption wast0 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.Writing (fine) paper: f
Production
_
_ _ _ _ _ .short tons
Percent of capacity
Shipments!
_
short tons
Wrapping paper:
Production t
- - short tons..
Percent of capacity
Shipments!
_ short tons..
All other grades:
Production!
short tons
Shipments! —
short tons..
PAPER PRODUCTS
Abrasive paper and cloth, shipments:
Domestic _
_ _
reams-Foreign
-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
PRINTING
Blank forms, new orders
thous. of sets_.
Book publication, total— number of editions- _
New books
_
number of editions
New editions
number of editions.
Operations (productive capacity) 1923=100
Sales books:
Orders new
thous. of books
Shipments
_
thous. of books.
368, 464
371, 043
48, 528
8,216
349, 903
349, 553
301, 868
307, 000
292, 741
276, 348
265, 468
264, 672
226, 455
187, 837
161, 595
145, 307
121, 703
170, 763
176,423
222 074
191 545
167 978
205, 418
221 937
307, 321
118, 298
312, 747
77 3
252, 036
63, 965
238, 771
105, 423
252, 452
70 7
226, 336
65, 110
185, 026
62, 177
228, 416
60. 1
191, 989
63, 315
199, 059
55, 080
206, 933
54. 1
175, 148
70,263
169, 116
48, 920
176, 337
47 1
152, 712
64, 965
218, 169
63, 328
230, 311
57.3
187, 557
77, 825
234,318
75, 143
223,366
63 5
192,685
75, 687
264, 985
86, 033
254, 819
63.4
221, 114
84, 326
230, 754
76 578
244, 334
66 1
213, 956
82, 190
225, 957
80 958
223, 478
55 4
197, 543
74, 670
214, 236
72, 990
224, 214
57. 1
190, 896
0
70, 659
200, 278
73, 256
201, 924
52 6
179, 264
71,078
82 838
105, 471
119, 809
137 287
150, 645
176, 761
193,321
204 259
213 308
223 262
219 847
230 557
21, 857
20, 245
15, 374
30, 143
20, 577
27, 679
36, 865
31, 296
28, 443
27, 682
15, 950
27, 631
53, 943
78
53, 727
42, 767
76
41, 441
46, 636
70
43, 232
40, 958
61
38, 378
43, 236
65
39, 993
160, 982
105
161, 143
140, 334
98
136, 826
129, 658
89
123, 045
109, 742
75
109, 303
99, 259
70
100, 053
153, 973
149, 662
143, 470
147, 918
142, 792
141, 221
160, 313
151, 496
157, 350
151, 528
67, 442
6,739
61, 656
6,699
80, 366
7,823
44, 595
8,972
29, 581
11, 733
41,311
9,450
46, 235
10, 947
56, 811
15, 322
57, 097
7,312
58, 121
11, 854
54, 185
8,030
46, 050
8,100
90
81
87
97
64
70
600, 157 566, 267
481, 396 452, 869
118, 761 113, 398
71
78
49
493, 888
395, 814
98, 074
56
63
70
63
40
37
422, 365 378, 189
335, 551 303, 101
86 814 75, 088
69, 937
552
457
95
94, 244
572
491
81
64
60, 009
824
699
125
68
69, 318
754
643
111
71
69,329
652
545
107
74
60, 083
882
764
118
74
62, 642
470
393
77
72
60, 789
630
539
91
74
72, 204
806
677
129
76
70, 209
585
491
94
76
72, 167
542
457
85
78
92, 182
698
564
134
71
63, 133
485
386
99
71
11 129
13, 010
13, 364
11, 950
10, 958
10, 483
9,697
11, 627
9,341
10, 538
11, 201
9,668
9,430
11,219
9 733
9,932
12 135
10 953
9 782
10 655
11 650
11,395
11 127
11,470
11 42?
11 357
30 035
22 033
42, 674
RUBBER AND RUBBER PRODUCTS
CRUDE AND SCRAP RUBBER
Crude:
Consumption, total
long tons.. 30, 312
For tires J!
longtons..
Imports, total, including latex ! #.Iong tons.- 32, 700
Price, wholesale, smoked sheets, N.Y.
dol. per lb_.
.155
Shipments, world
long tons..
Stocks, world, end of month !
long tons..~663~747
85 348
Afloat total
long tons
50, 348
For United States
long tons
London and Liverpool _ _ _ long tons,. 105, 290
British Malaya
long tons
105 000
United States!
long tons.. 368, 200
Reclaimed rubber:
7 066
Consumption
long tons
Production
long tons..
8, 160
Stocks, end of month
long tons.. 20, 649
Scrap rubber:
Consumption by reclaimers
long tons..
TIRES AND TUBES J
Pneumatic casings:
Production
thousands
Shipments, total
_ .. _ _. thousands..
Domestic
thousands .
Stocks, end of month
thousands..
Solid and cushion tires:
Production
thousands
Shipments total
thousands .
Domestic
thousands-Stocks, end of month
thousands..
Inner tubes:
Production
. ._
thousands-Shipments total
thousands
Domestic
_
-_ - - - thousands _
Stocks, end of month...
thousands..
Raw material consumed:
Crude rubber. (See Crude rubber,)
Fabrics
-thous. of l b _ _
39, 097
25, 457
45, 413
31, 047
20, 161
4(5, 255
27, 758
17,984
46, 034
25, 371
15,712
41, 821
25, 306
15,471
40, 751
35, 159
26, 767
49, 088
36, 548
28, 304
35, 220
43, 329
33,766
42, 253
40 902
31,219
45, 175
39 571
30, 195
49, 901
36 620
27,611
48, 748
.073
75, 462
603, 711
88 355
66, 355
96, 661
85, 573
333, 122
.073
74, 000
619, 019
97 468
71, 568
95, 022
85, 207
341, 322
.076
84, 000
628, 127
101 530
73 210
89, 766
81 758
352, 782
.086
78, 111
646, 423
109 955
71 425
87, 984
85 231
363, 253
.088
87, 801
644, 898
109 508
69 508
86, 505
87 185
365, 000
.093
82, 000
643, 355
92 210
57, 210
90, 320
88 215
372, 610
.104
85, 000
652, 690
103 329
66 329
92 519
92 210
364, 632
.109
83, 000
653, 000
105 403
68 403
94, 337
96 499
355, 254
.126
84, 000
647, 993
108 314
70' 314
96 134
97 146
351,759
.133
115,000
659, 865
112 401
72 401
96 214
% 971
354, 909
.134
70, 000
660, 6£9
98 373
5s' 373
99 733
102 045
360, 548
6,990
11, 005
9,924
5,818
9,809
10, 473
5 337
8,898
11, 713
4 688
8,519
12, 652
4,404
8,966
13, 692
5 600
9,238
17, 227
6 423
8,934
16, 770
8 328
10, 790
18, 333
7 697
10' 185
18, 508
7 980
10 848
19, 454
7 615
10 820
19, 641
025
096
966
301
4 627
4' 305
4 212
11 621
4 323
5* 172
5 049
10 793
16
14
13
30
19
18
17
29
593
212
141
267
4 228
4 755
4' 663
9*741
37, 638
33, 486
0
.146
65, 000
07 1,882
a (JO ^Q
a
57 336
105 989
106 448
367, 109
7 006
q 446
22, 035
33 052
3,995
3,766
3, 674
5,656
3,199
2,803
2,714
6,076
2 743
2,030
1,943
6,769
2,432
1,758
1 686
7,397
2 466
2,825
2 726
7,110
3 804
3,126
3 043
9,394
4 205
3,186
3 106
10, 403
16
13
13
24
15
14
13
24
12
11
11
26
11
9
8
28
11
13
12
26
14
14
13
30
12
13
12
28
15
15
14
28
3,933
3 750
3, 685
5,303
3,070
2 778
2,719
5,607
2,805
2 141
2,079
6,265
2,290
1 682
1,636
6,900
2,105
2 728
2 656
6,252
3 445
3 103
3 045
8,151
3,956
3 224
3 164
8,892
5 039
3 995
3 906
9 937
5
4
3
11
4
4
4
10
4
5
4
9
3
5
5
8
412
071
956
913
a
a
a
a
3
4
3
9
252
033
954
154
21
19
19
31
a 18
a lg
a 17
a 30
974
150
058
532
a 3 425
a 4 193
a 4 133
a 7*812
16, 821
11, 116
13, 592
10, 447
9,986
16, 437
18, 721
20, 927
18, 785
19,371
17, 716
13, 267
Revised.
t Revised series. For earlier data see pp. 13 and 20 of the December 1933 issue for writing, wrapping, and other grades of paper; for 1932 revisions, p 50 of the June 193?
issue for crude rubber imports; and for 1932 revision, p. 50 of the May 1933 issue for world and United States stocks. Data on consumption of rubber for tires revised for
1932, 1933, and 1934. For revisions see p. 51 of the Aug. 1934 issue.
§ Earlier data on box board not available, prior to January 1933.
J Data for 1934 are estimated to represent approximately 97 percent of the industry; data are estimated to cover 79 percent of the industry for 1929-33. inclusive, and
75 to 80 percent prior to 1929.
# See footnote on p. 35 of this issue. Data for 1933 revised. See p. 20 of this issue.
* New series. See p. 19 of the December 1933 issue.
0
SURVEY OF CURRENT BUSINESS
52
cember 1931,
)tes and refermay be found
k to the Survey
1934
August
October 1934
1934
1933
August
Decem- January FebruP£m- October November
ary
ber
Se
March
April
I
May
June
July
RUBBER AND RUBBER PRODUCTS—Continued
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—I
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 pairsStocks, total, end of month—thous. of pairsTennis
.._
..thous. of pairsWaterproof
thous. of pairs..
Rubber heels:
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 pairsRubber soles:
Production
--thous. of pairs—
Shipments, total*
thous. of pairs—
Export
thous. of pairs..
Repair trade..
_
thous. of pairs. J
Shoe manufactures
thous. of pairs
Stocks, end of month
thous. of pairs
Mechanical rubber goods, shipments:
Total.
thous. of dol
Belting
thous. of dol— 1
Hose
thous. of dol—j
Other
thous. of dol—!
260
208
188
185
186
303
220
262
342
21,525
41, 610
17, 948
J7, 371
23, 526
41, 612
14, 878
38, 342
13,818
27, 074
13,811
21, 777
15, 246
20,062
19, 963
11, 364
15,615
13, 795
5,136
466
2,791
319
3,948
375
2,483
252
3,740
317
2,393
329
2,458
318
1,165
268
1,682
306
628
211
2,488
257
939
273
3,194
301
1,429
393
3,575
434
1,527
490
5,319
1,898
3,421
5,126
1,640
3,487
5,043
1,575
3,468
13, 749
4,134
9,616
4,827
1,379
3,448
6,061
1, 261
4 800
5,993
1 215
4 778
12,512
4,252
8,261
5,931
1,739
4,193
5 634
679
4, 955
5,591
656
4,935
12, 806
5,312
7,495
22, 632
18,410
282
7,352
10, 775
24,123
19, 621
L4, 809
306
4,635
9,868
28, 637
19, 103
14, 157
340
3,765
10, 052
33, 750
15, 955
11, 287
337
4,552
6,398
38, 436
13, 625
12, 738
322
3,215
9,201
37, 528
14, 826
13, 463
432
2,833
10, 198
42, 587
16, 293
20, 544
175
9,273
11,096
38, 986
5,177 !
4,392 j
8 '
579
3,806
3,011
4, 351
3,803
3
281
3,518
3,645
4,244
3,678
9
333
3,336
4,286
4,054
2,763
2
409
2, 351
5,559
4,496
4,527
3
281
4,244
4,281
5,499
5,594
5
388
5,201
5,090
3,892
975
1,298
1,619
3 675
*882
1 206
1 587
3 275
808
1 117
1 350
2 836
' 607
1 013
1 216
2 848
627
1 015
1 206
3 479
699
1 297
1 483
.:
.. .
293
238
220
3,877
575
1,670
437
3,908
594
1,778
540
3,156
478
1,320
526
19, 903
19, 294
347
6,605
12, 199
39, 592
17, 802
16, 991
328
4, 673
11,991
39, 961
19, 603
20, 120
137
6,928
13, 055
39, 763
19, 412
20,513
426
3,946
16, 142
38, 446
15, 903
15, 656
346
4,485
10, 825
38, 997
5,711
5,804
1
617
5,186
5,010
5, 726
5,770
3
532
5,235
4,838
5,018
4,739
5
275
4,459
4,989
5,040
4,881
4,772
5, 050
10
241
4,799
4,955
3, 082
3, 277
3 491
757
1 147
1 587
4 437
*830
1,500
2 108
4 297
863
1,498
1,937
4 589
959
1,790
1 840
„
493
4,387
5,360
290
2, 984
4, 933
STONE, CLAY, AND GLASS PRODUCTS
BRICK §
Common brick, wholesale price, red, N.Y.
dol. 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 J
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
10.50
9.25
9.25
9.25
8.75
9.00
9.25
9.88
10.50
10.50
10.50
10.50
10. 50
432
256
226
2,790
379
185
180
2,778
328
174
208
2,705
320
174
123
2,750
340
109
111
2,717
355
53
133
2,663
644
33
77
2,532
664
57
136
2,483
657
104
149
2,464
621
137
197
2,450
545
158
ISO
2,380
503
179
181
2,300
865
2,084
58
1,419
3,130
315
903
15
975
2,608
245
882
19
891
2,189
1,775
1,431
773
642
1,485
75
601
0
800
2,010
100
967
16
791
2,213
900
359
54
366
2,042
355
563
126
721
1,755
705
437
29
1,006
1,518
605
1,340
60
1,346
1,324
425
1,228
44
965
1,434
155
1,219
45
848
1, 351
1.586
8,223
35.9
5,994
22, 078
6,474
1.595
5,638
25. 5
6,517
21,216
6,507
1.603
5,037
22. 1
6,750
19, 502
6,204
1.603
4,672
21.2
4,463
19, 709
5,877
1.603
3,526
15. 5
3,738
19, 541
5,717
1.650
3,779
16.6
3,778
19, 547
5,919
1.650
4,168
20.2
2,952
20. 762
5,936
1.650
5,257
23.0
4,618
21, 422
6,318
1.575
6,544
29.6
6,492
21,557
6,565
1. 570
8, 554
37.5
8,784
21, 301
6,304
1. 550
8, 786
39.8
8, 539
21, 600
6,424
1. 650
8,134
35.7
7,893
« 21, 852
« 6, 588
PORTLAND CEMENT
Price, wholesale, composite
dol. per bbl—
Production
thous. of bbl—
Percent of capacity
Shipments
thous. of bbl—
Stocks, finished, end of month.. thous. of bbl—
Stocks, clinker, end of month. ..thous. of bbl._
1.650
7,863
34 5
8,297
21,419
6,358
GLASSWARE, ETC.
Glass containers: #
.3, 160
3,117
3,032
3,252
2,600
2,920
2,770
2 492
2 237
2 123
Production
thous of gross
3 168
2 158
1,997
55.2
56.6
55.1
56.8
49.2
53.2
49.2
64.0
46.6
Percent of capacity
...
67.6
67.4
62.6
72.3
2,974
2,914
3,136
3,172
3,137
3,080
2.662
2,585
Shipments
thous. of gross..
2,529
2,084
1,806
1,873
2,553
7, 567
7, 483
7,558
7, 545
7,622
7,480
Stocks, end of month
thous. of gross
7,719
5,112
5,238
7,078
5, 033
4,736
4,796
Illuminating glassware:*
Orders:
1,453
1,553
1,145
1,491
1,522
1,423
1, 571
1,480
New and contract
number of turns
1,150
1,781
1, 556
1,473
1,815
2, 205
1,951
1,794
1,858
1,918
1, 865
2,259
Unfilled, end of month. .number of turns. . 2,216
1,856
1, 805
2,168
2,027
1,958
1,062
1,276
1,512
1,495
1,763
1,453
1,460
1,256
Production ._
number of turns
1 713
1 588
1 030
1,647
1 926
Shipments:
1, 105
1,446
1,427
1,255
1,936
1,390
1,423
1,439
1,413
1,701
1,582
1,171
1,736
Total
- -- ..number of turns
43.1
56.3
55.6
48.9
75.4
49.9
55.1
Percent of full operation
50.5
41.2
59.9
61.2
56. 1
55 7
4,610
4,641
4,735
4,615
4,367
4,286
4,431
Stocks, end of month
number of turns. - 4,649
4, 165
4,656
4,581
4,205
4,038
Plate glass, polished, production f
7,242
6, 520
7,764
8,629
9,927
7,441
7, 450
5,794
4,169
6,347
7,607
11, 327
8,925
thous. of sq. ft—
• Revised.
* New series. Earlier data not published on rubber heels and soles prior to December 1932, and on illuminating glassware prior to July 1932 (except production and
percent of capacity); for earlier data see p. 20 of the June 1933 issue, face brick, machine production.
§ Census Bureau has comparative summaries for 2 months only on structural clay products. Series not comparable over 13-month period.
t Adjusted for degrading and year-end physical inventories.
t Revised data for 1933 represent total production for the United States.
# Series on glass containers are not comparable for 1934 and earlier years due to increase of number of firms reporting to 44. Shipments of the 44 firms for the first 8
months of 1933 amounted to 22,906,757 compared with 15,220,101 for the 30 firms reporting a year ago. Comparable statistics on shipments for the companies, now reporting
by years, from 1928 to date were as follows (in gross): 1928, 31,913,015; 1929, 33,785,893; 1930, 31,905,933; 1931, 31,413,503; 1932, 26,947.949; and 1933, 33,048,747. Data are not
available for this period on production and stocks, nor are monthly figures on shipments available. It may be noted from the trend of these data that the monthly figures
prior to 1934 had a downward bias.
SUEVEY OF CURRENT BUSINESS
October 1934
Monthly statistics through December 1831,
together with explanatory footnotes and references to the sources of the data, may be found
in the 1932 Annual Supplement to the Survey
1934
1933
1934
August
53
Decem- January
October NovemAugust September
ber
ber
February
March
May
April
June
July
STONE, CLAY, AND GLASS PRODUCTS—Continued
GYPSUM *
Crude (quarterly):
Imports.
short tons
Production
short tons
Shipments (uncalcined)
_ short tons
Calcined (quarterly):
Production
.. __
short tons
Calcined products (quarterly):
Shipments:
Board, plaster (and lath)__thous. of sq. ft.
Board, wall
thous. of sq. ft..
Cement, Keenes
short tons
Plasters, neat, wood fiber, sanded, gaging,
finish, etc
short tons
For pottery, terra cotta, plate glass, mixing
plants, etc
short tons
Tile, partition
thous. of sq. ft
117, 532
431 521
158, 061
88, 820
241 100
89, 511
0
266 761
85, 747
90, 453
432 020
173, 218
264, 805
182, 194
206, 476
319, 983
21, 796
41, 314
2,752
19, 339
43, 058
2,514
31, 591
76, 218
4,258
187, 152
139, 623
149, 420
226, 405
30, 861
1,715
17, 220
1,333
24, 063
2,222
29 437
2,426
35, 339
54, 943
4,232
—
-
TERRA COTTA
Orders, nevr:
Quantity
Value
short tons .
thous. of dol._
1,382
84
182
21
717
65
342
34
341
33
764
52
1,159
112
902
82
996
95
1,630
122
964
83
a g 988 0a ]Q 240 a 9 701 a 9 992
°8 165
10' 381 a 9 326 o 9' 487
o 17 091 a 17 053 a 17 531 a is 139
8 257
8 335
18 164
6 443
6*254
18 353
506
39
880
69
TEXTILE PRODUCTS
CLOTHING
Hosiery: *
Production
thous. of dozen pairs
Shipments
thous. of dozen pairs
Stocks end of month thous of dozen pairs
Men's and boys' garments cut:
Overcoats
thous. of garments..
Separate trousers
thous. of garments..
Suits
thous. of garments.COTTON
Consumption f
„
thous. of bales
421
Exports:
Quantity, exclusive of linters
thous. of bales..
268
Value. (See Foreign Trade.)
Qinnings (total crop to end of month)
thous. of bales_.
1,398
11
Imports#
thous of bales
Prices:
To producer
_._
_.
dol. perlb..
.131
Wholesale, middling, N.Y
dol. per lb_.
.134
Production, crop estimate
thous. of bales__ / 9, 252
527
Receipts into sight ^
thous of bales
Stocks, end of month: f
Domestic, total mills and warehouses
thous. of bales.. 6,905
Mills.,.thous. of bales
1,081
Warehouses
thous. of bales
5 824
World visible supply, total
thous. of bales..
6,639
4 532
American cotton
thous of bales
a
8, 776
0
a 8 018
9 505
a 7 208
°6 760
a 16 164
569
2,193
1,832
527
1,792
1,385
553
1,702
1,163
354
1,191
907
135
929
1,061
589
499
504
475
348
508
a 477
531
869
« 1,045
915
820
739
628
c
« 1, 396
• 5, 908 • 10, 355
a 12
a 11
a 10
.088
,096
.088
.097
.090
.097
.096
.100
782
a 2 141
°3 252
a 2 349
0
a
a 6 14g
a
8 918 0 7 697 a 6 009
a 15 152 a 15 473 a 15 612
6, 955
1,156
o 5 yqg
7,254
5 602
12, 106 « 12, 356 • 12, 557
°9
13
13
.096
.102
• 13, 047
a
14
o 545
513
o 519
363
550
387
285
459
306
12
i^
10
100
11
.110
.114
a 515
.116
.123
.123
.129
339
432
12, 664
19
.103
.113
.117
.123
.117
.123
.116
.119
a 715
o 427
a 598
a 522
« 8, 536 • 10, 838 « 11,977 « 11,977 • 11, 102
1 160 a I 3Q3 a i 573
1 642 o. i 606
a 7 376 a 9 474 a JO 404 a ]o 33s; a 9 4g6
7*. 901
9,383
9,848 10, 060
9,837
6 385
7 828
8 255
7 693
8 203
10, 293
o i 657
a 8 637
9,284
7 025
a 1 283
0
9, 499
a \ 651
a 7 848
8,868
6 516
• 8, 679 »a 7, 982 •7,311
1 422 1 326
1 585
a 7 094 o 6 560 a 5 985
7^362
7^959
8,566
6 093
5 541
5 040
0
360
• 6, 794
a 1 228
o 5 566
6,950
4 707
COTTON MANUFACTURES
Cotton yarn:
Prices, wholesale:
22/ls, cones, Boston
dol. per lb__
.315
.361
.339
.321
.301
.316
.322
.295
.327
.301
.298
.320
.308
40/ls, southern, spinning.
dol. per lb__
.464
.548
.505
.494
.458
.478
.467
.458
.479
.480
.451
.471
.459
Cotton goods:
Abrasive cloth. (See Paper Products.)
Cotton cloth:
Exports §
„
thous. of sq. yd.. 14, 342 18, 215 13, 788 13, 095 15, 092 17, 919 16, 790 20, 071 22, 556 23, 791 22, 792 21, 223
15, 647
Imports #
thous. of sq. yd.. 2,108
2,720
2,442
3,204
3,925
4,004
3,985
4,616
5,426
1,701
6,135
3,817
1,944
Prices, wholesale:
Print cloth, 64 x 60. _.
—dol. per yd..
.071
.070
.067
.067
.065
.066
.069
.072
.070
.063
.064
.067
.067
Sheeting, brown, 4 x 4 (Trion mill)
dol. per yd..
.079
.088
.080
.078
.073
.076
.077
.081
.082
.077
.080
.076
.077
Cotton cloth finishing: *
Production:
Bleached, plain
thous. of yd.. 113,209
108, 328 122 869 132 678 163 772 150 138 137 053 106 741 101 015
Dyed, colors
-thous. of yd.. 73, 651
60,294 76, 678 89, 192 117 562 104 689 97 838 73* 954
66 472
Dyed, black
thous. of yd..
5,738
5 834
4,616
4 761
6 416
5 258
4 885
5 916
5 686
Printed
thous. of yd
84, 499
86 517 99 901 104 920 131 426 122 951 114 803 83 414
75 833
Stocks: •
Bleached and dyed
thous. of yd.. 309, 826
341, 351 332, 985 325,313 327 040 308 895 310 471 314 413 310 251
Printed —
-thous. of yd.. 108, 358
137, 661 106, 280 104, 949 99, 614 106, 388 107, 128 118, 034
111, 154
Spindle activity: f
OK OQp
24 154 a 25 926 a 25 993 o 25 8S4 a 25 421 a 24 828 o 95 647 a 26 380 a 26 525 a 9fi 4R^
Active spindles
thousands
94 41 R
•
24
621
a
Active spindle hours, total, .mills, of hours.. 5,753 o 7, 944 0 7, 053 * 7, 256 « 6, 795 « 5, 080 « 6, 973
6,692 • 7, 706 0 7, 259 0 7, 268
5,152
5, 241
Average per spindle in place
hours..
186
258
229
235
220
« 164
225
249
216
234
«234
169
167
Operations
.percent of capacity..
76.8
106.7
99.6
101.9
96.3
73. 5
98 R
102 o
IfU R
74 3
79 7
08 9.
101 R
* New series. For earlier data on gypsum, see p. 20 of the January 1933 issue; the new series on hosiery compiled by the Hosiery Code Authority and are estimated to
represent 95 percent of the industry. The revised data on hosiery presented herewith are based on a check of the data previously reported, made by the Code Authority.
Data on cotton cloth finishing are from the National Association of Finishers of Textile Fabrics and cover practically all the industry; figures are not available for earlier
periods; the production statistics are prorated from data for 4-week periods; stocks are as reported at end of each 4-week period.
• Dec. 1 estimate.
• Kevised.
/As of Sept. 1.
1 For revisions for crop years 1932 and 1933 see p. 52 of the October 1933 issue and p. 52 of the September 1933 issue, respectively.
t For revisions of cotton consumption domestic stocks and spindle activity for the year ended July 1932 see p. 20 of the February 1933 issue, and for cotton consumption domestic stocks and spindle activity for the year ended July 1933 see pp. 52 and 53 of the November 1933 issue.
§ Data revised for 1932. For revisions see p. 53 of the June 1933 issue. Data revised for 1933; see p. 20 of the September 1934 issue.
# See footnote on p. 35 of this issue. Data revised for 1933; see p. 20 of this issue.
• Stocks at end of 4-week periods.
o
54
SURVEY OF CURRENT BUSINESS
Monthly statistics through December 1931,
together with explanatory footnotes and references to the sources of data, may be found
in the 1932 Annual Supplement to the Survey
r
•<* H .«•<* „ j
1934
j
1933
August
October 1934
August j86^- October November
D
-f
1934
^nuary February
March
April
May
July
June
TEXTILE PRODUCTS—Continued
RAYON AND SILK
Rayon:
Imports#
- - -thous. of lb_.
Price, wholesale, 150 denier, "A" grade,
N.Y
dol. per lb__
Stocks, imported, end of month.thous. of lb_.
Silk:
Deliveries (consumption) .
bales..
Imports raw#
thous. of Ib
Prices wholesale:
Haw, Japanese, 13-15, N.Y
dol. per lb._
Silk goods, composite
dol. per yd__
Stocks, end of month:
World visible supply
bales
United States:
At manufacturers
bales
At warehouses
bales
Silk manufacturing:
Operations, machine activity:
Spinning spindles: *
All
- -.percent of capacity..
5-B
percent of capacity..
Weaving:
Broad loomsf
percent of capacity __
Narrow loomsf
percent of capacity. _
Silk piece goods:*
Commission mills:
New orders
yards per loom
Production
yards per loom _
Shipments
. . . yards per loom..
Stock-carrying mills:
Production
yards per loom..
Shipments
yards per loom..
Stocks, end of month
yards per loom..
Still to come off looms yards per loom..
27
1,126
395
770
92
338
32
64
42
14
0.55
0.65
410
0.65
398
0.65
504
0.65
507
0.65
506
0.65
488
0.65
477
0.65
467
0.55
0.55 j
36, 247
4 731
42, 852
7 828
31, 185
7 007
28, 521
7 029
34 822
5 472
26 959
4 833
40 942
3 895
39 021
4 279
44 080
5 796
37 392
4 798
38 740 i
5 176
33 QQQ
5 037
32 021
4 719
1. 133
0.93
1.881
1.04
1.889
1.04
1.647
1.04
1.465
1.04
1.416
1.04
1. 453
1.04
1.550
1.04
1.405
1.04
1.318
1.01
1.284 !
0.96
1. 199
0.93
1.139
0.92
285 000
264, 130
283 731
301 981
323 171
314 921
317 000
307 000
287 000
278 000
268 000
18 500
58 694
23 092
55, 515
24 480
73 800
23 078
93 625
23 153
91 122
24 762
96* 786
23 139
83* 820
22 415
74* 607
22 640
62 828
21 902
61 083
21 675
6l' 060
9Q 430
59 048
!
19 479
66 268
39.2
34 9
56 0
40 2
62 5
52 0
59.7
53 2
48 6
45 9
31 5
39 5
40 0
38 9
:
41 5
37* 2
46 2
29 1
52 8
32 0
64 3
37 o
62 3
36 6
54 9 i
35 8
37 q
30 0
45 8
94 5
34 8
33 6
35 5
31 1
41 6
34 8
498 7
402 2
456 4
~
30
4
24
0.55 |
0.55
259 000 1 272
!
000
4° 7
*>4 2
468 0
780 9
766.3
277 0
614 8
572 0
247 3
434 2
411 7
278 4
458 5
426 1
288 4
391 8
391 0
400.2
357. 3
771.8
331.1
351.5
726. 3
510.4
283 1
253. 1
785.8
495 4
323.2
276.4
880.3
436.7
327.0
333.0
898.7
463.5
364 0
458.5
811.8
521.0
416 0
412.4
831.0
454.7
446.6
445.8
901.1
430.3
344.9
390.2
937.7
384.1
269 7
357 7
890.3
378 5
290 0
271 i
977.3
372 8
266 0
282 3
1, 004. 5
327 4
7,046
55, 694
40, 060
50, 467
21, 308
51, 037
19, 633
43, 466
15, 997
33, 570
16, 168
35, 968
9,637
34, 348
12, 622
36, 119
16, 975
29, 889
13, 567
28 213
7,458
26 213
8, 003
25 936
7, 632
38
113
108
108
100
76
74
65
61
46
a 47
40
a
37
35
'4
51
45
51
87
49
48
73
49
41
62
46
39
64
35
27
57
35
34
67
40
39
69
43
38
66
39
40
55
42
46
30
54
0
a
a
33
26
53
72
28
99
83
82
69
68
65
63
60
54
46
70
52
76
48
75
44
70
39
0. 76
0.31
0.80
0.37
0.82
0.39
0.84
0.41
0.85
0.41
0.88
0.42
0.88
0.42
0.88
0.42
0.87
0.40
0.85
0.37
1.634
1.765
1.800
1.800
1.800
1.800
1.800
1.800
1.763
1.287
1.065
1.125
1.125
1.125
1.125
1.125
1.125
1.125
1.21
1.18
61, 303
45, 593
15, 710
1.29
28, 981
22, 204
6,777
1.35
18 931
15, 241
3 690
1.35
14, 068
11, 073
2,995
1.35
6,176
4,824
1,352
1.35
1.35
1.35
50, 203
20, 527
25, 097
18, 974
49, 848
21, 824
33, 914
18, 713
31, 061
22, 195
35, 768
28,406
26, 346
18, 839
99
62
53
44
102
74
125
82
45
39
157
61
56.3
5,737
779
713
3,264
1,270
5,280
52.9
5,832
506
483
2,216
1,074
2,743
60.4
5,827
505
365
3,066
1,097
876
58.8
6,211
667
41.8
7,315
1, 057
1,506
1, 223
2,751
3,691
3,889
2,660
2,761
2,718
2,556
2,697
2,578
2,477
2,157
2,024
286 8
429. 5
952. 2
320.0
WOOL
Consumption grease equivalent- thous. of Ib .
Imports, unmanufactured §#
thous. of lb._
Operations, machinery activity: •
Combs worsted
. .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
dol. per lb._
Raw, Ohio and Penn., fleeces. ...dol. per lb_.
Suiting, unfinished worsted, 13 oz. (at mill)
dol. per yd..
Women's dress goods, French serge, 54" (at
factory)
dol. per yd..
Worsted yarn, 2/32s, crossbred stock, Boston
dol. per lb._
Receipts at Boston total
thous. of Ib .
Domestic
-thous. of lb_.
Foreign
thous. of Ib .
a 41
a
56
a
68
a 71
<* 40
71
29
0.84
0.33
0.84
0.31
0.84
0.31
1.650
1. 634
1. 634
1.634
1.103
1. 119
1. 139
1.139
1.35
1.31
1.28
1.26
35, 113
23, 059
30, 573
17, 861
34, 400
17, 172
27 093
21 399
42, 471
15 010
72
47
78
47
54
35
121
77
45
42
77
62
46.5
7,342
1,862
559
1,291
989
3,077
62.7
7,187
1,608
1,204
3,148
61.7
7,327
345
168
1,148
956
2,209
57.9
7,303
414
313
638
858
1,802
40 0
7,118
310
226
458
705
1,643
23 7
6,791
335
1,154
44.8
7,328
274
254
1,457
883
3,515
°1, 991
2,599
2,351
2,148
3,383
3,283
2,876
4,210
5,278
3,812
3,811
5,199
4,854
'
3,346
4,681
4,023
3,139
3,350
3,327
3 224
2, 706
2,645
3 323
2,972
2,649
a
31
MISCELLANEOUS PRODUCTS
Burlaps and fibers, imports:#
Burlaps
- thous. of lb_. 31, 631
15 625
Fibers §
long tons
Buttons and shells:
Buttons:
79
Imports, total§#_._.
thous. of gross..
From Philippines - - thous. of gross..
70
Fresh- water pearl:
Production
percent of capacity
Stocks, end of month
thous. of gross.. ~ ~ ~ i ~ 6 4 4 ~
Shells imports total#
thous. of Ib
Mother-of-pearl
thous. of Ib
526
524
Tagua nuts imports;?
thous. of Ib _
Elastic webbing, shipments
thous. of doL.
2 339
Fur sales by dealers
thous. of dol
Pyroxylin-coated textiles (artificial leather):
Orders unfilled end of mo thous. linear yd
Pyroxylin spread
..thous. of Ib .
Shipments, billed
. thous. of linear yd. _
612
877
711
393
709
657
867
199
650
646
TRANSPORTATION EQUIPMENT
AIRPLANES I
119
132
123
107
81
175
196
Production, total
number..
29 '
24 i
94 !
66
66
113
66
Commerical (licensed)
number..
81
27
57 j
21
28
35
14 !
57 |
85
Military (deliveries)
number..
24 I
37 i
36
25
15;
18
13
For export—
number..
* Revised.
§ Data revised for 1932. For revisions see pp. 53 and 54 of the June 1933 issue. Data also revised for 1933; see p. 20 of this issue.
# See footnote on p. 35 of this issue.
t Compiled by the Silk Code Authority (The National Federation of Textiles, Inc.) and represent the percentage of operations based on an 80-hour week (2 shifts of 40 hours
each). Data are not comparable with the series previously shown in the Survey which were based on a smaller sample and which were computed on the basis of a 48-hour
week. The code authority expects to adjust the old series to a comparable basis, when opportunity affords.
* New series. Silk spindle activity, compiled by Silk Throwing Code Authority; not comparable with spinning data previously shown. For earlier data on silk piece
goods (stock-carrying mills only) see p. 20 of August 1934 issue.
• Beginning with the July 1934 report the statistics are reported on the basis of 4 and 5 weeks, the weekly distribution being determined by the Saturdays. The statistics presented herewith are still based on the pre-code computed normal (currently based on the single-shift performance over the 5-year period 1928-32). The current data
represent practically complete coverage of the industry.
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
55
SURVEY OF CURRENT BUSINESS
October 1934
August
1934
1933
1934
August
Se
E*°m- October
Novem- Decem- January! ™J*
ber
ber
March
April
May
June
July
TRANSPORTATION EQUIPMENT—Continued
AUTOMOBILES J
Exports:
Canada:
2,384
1,714
3,026
2,868
1,750
1,625
4,920
3,950
4,205
6, 555
3,517
2,190
5, 255
Automobiles, assembled
number-1,042
1,233
2,428
1,228
1,118
2,269
4,161
2,930
3,185
4, 692
2,532
1,726
3,970
Passenger cars
..numberUnited States:
Value. (See Foreign Trade.)
11,473
11, 258
10, 308
10, 944
6,703
9,526
26, 217
27, 265
25, 670
24, 887
23, 959
14,911
Automobiles, assembled, total §... number.. 19, 827
5,906
3,066
3, 685
8,872
16, 141
6,516
3,527
18, 071
6,330
16, 509
16, 058
17, 621
Passenger cars§
number _ _ 12, 522
3,792
5,567
7,573
6,039
10, 076
8,612
4,614
3,176
6,460
10, 756
6, 338
6,816
Trucks§
- number..
7,305
Financing:
69, 203
57, 503
33, 124
34, 437
45, 378
71, 187
62, 539
43, 889
87, 998
99, 591 "0 99, 114
95, 485
Retail purchasers, total
.. thous. of dol._
36, 790
46, 428
59, 772
47, 291
26, 278
17, 794
19, 190
29, 290
67, 991
68, 842
40, 887
65, 093
New cars
thous. of dol..
14, 532
21, 368
22, 536
19, 665
16, 741
14, 420
29, 763 *0 28, 401
28, 601
15, 198
26, C94
20, 393
Used cars
thous. of dol _
1,532
1,360
1,048
827
1,407
1,837
1,871
1, 791
870
798
890
1,259
Unclassified _
.thous. of dol..
Wholesale (manufacturers to dealers)
69, 613
38, 963
16, 573
35, 879
61, 514 102, 776 121, 061 123, 691 102, 706
thous. of doL .
17, 703
90, 294
51, 127
Fire-extinguishing equipment: f
Shipments:
19
14
19
28
19
27
20
35
25
36
32
45
17
Motor-vehicle apparatus
number
21, 204
17, 996
21, 892
17, 956
22, 264 o 22, 183
21, 183
25, 356
15, 715
16, 597
21, 495
18, 348
28,915
Hand types
.
number.
Production:
Automobiles:
3, 682
3,262
6,904
8,571
14, 180
9,904
6,079
2,291
18, 303
13, 905
11,114
5,808
20, 161
Canada, total
number..
12, 272
2,723
4,946
15, 451
8,407
7, 325
4,919
1,503
2,171
7,101
] 6, 504
10, 810
Passpnger cars
number _
4,358
60, 683
80, 565 156, 907 231, 707 331, 263 354, 745 331,652 308, 065 a 266, 576
United States, total t
number.-. 234, 809 232, 855 191,800 134, 683
40, 754
49, 490 113,331 187, 639 274, 722 289, 030 273, 765 261, 852
223, 868
Passenger cars f
number _ 1 183,500 191, 346 157, 367 104, 807
1
321
0
9
63
16
0
0
68
1,611
1,299
27
0
Taxicabs
. number..
41, 441
29, 813
34, 424
18,318
43, 255
44, 041
65,714
29, 776
56, 525
57, 887
46, 213 a 42, 708
Trucks t
number.. 51, 309
1,652
752
523
1,262
961
627
789
1. 636
1,140
1,016
Automobile rims
thous. of rims._
701
506
1, 1£5
Registrations:
94, 180
58, 624
61, 242
94, 887 172, 287 222, 900 219, 163 223, 642 « 228, 760
New passenger cars t
.number. _ 193, 828 "178, 935 157, 976 136, 326
33, 894
22, 903
24, 476
38 882
39, 831
37 490
28 807
28, 058
18, 691
15, 580
34, 778
31, 281
New commercial cars *
number f 39 000
Sales:
General Motors Corporation:
98, 174 106, 349
101,243
86, 258
63, 518
35, 417
95, 253 112, 847
86, 372
11,951 23, 438
58, 911
To consumers
number
71, 458
53, 054
97, 614
10, 384
21, 295
62, 506 100, 848 153, 250 153, 954 132, 837 146, 881
134, 324
To dealers, total
_..
number. . 109, 278
81, 148
41, 982
107 554
87, 429
82, 222 119, 858 121, 964 103, 844 118, 789
84, 504
67, 733
3,483
11, 191
46, 190
U S dealers
number
Shipments, accessories and parts, total *
59
141
127
99
Jan 1925=100
115
56
59
78
108
106
74
80
Accessories, original equipment
47
150
Jan 1925=100
44
101
05
130
112
53
74
109
71
66
73
72
91
96
82
86
67
83
Accessories to wholesalers
Jan. 1925=100
99
101
77
65
127
109
102
llf,
134
105
139
135
Replacement parts
Jan. 1925=100 _
89
118
143
120
72
67
47
43
71
71
Service equipment
Jan. 1925=100
46
56
57
59
86
48
RAILWAY EQUIPMENT
Equipment condition:
Freight cars owned:
186, 940 195, 380 194, 387 193, 556 193, 050 192, 826 192, 167 191, 580 191, 149 190,079 189, 700 189, 426 a 188, 491
Capacity
mills, of Ib
1,994
1,971
1,949
2, 038
2,007
1,989
1,985
2,031
2,019
2,012
Number, total _ ...
thousands _
2,060
2,047
2,027
293, 173 304, 202 295, 056 295, 087 295, 784 289, 985 286, 928 295, 582 291, 081 295, 191 301,368 298, 846
299, 780
Bad order, total
number
15.4
15.3
14.7
14.4
14.7
15.0
15.3
15.5
Percent of total in bad order
14.9
14.6
14.8
14.5
14.9
Locomotives, railway:
Owned:
a
2,356
2,341
2, 334
2, 310
2,297
2,391
2,382
2,379
2,372
2.345
Tractive power
mills, of Ib
2 363
2,370
2,361
49, 21 1 a 48, 587
50, 677
49, 861
49, 573
49, 395
Number
.
_.
. .number-- 48, 210
51, 081
50, 788
50, 446
50, 323
50, 103
50, 034
Awaiting classified repairs
number-- 10, 771
10,
963
10,
824
11,
259
11,095
10,
789
11, 000
10,
895
10,
965
11,080
10,
803
10, 735
11,119
22 4
22 0
23 0
22 8
22 3
21 8
21 9
22 8
22 3
21 9
21 5
22 2
Percent of total
22 6
62
42
52
40
70
46
Installed
number..
73
26
38
53
35
37
75
162
439
192
568
Retired
number-261
294
144
311
224
248
258
218
346
Passenger cars:
On railroads (end of quarter)
number _ _
« 45, 842
45, 303
47, 232
46, 407
Equipment manufacturing:
Freight cars:
522
520
1,217
0
Orders, new, placed by railroads
cars..
113
130
12
750
19
665
150
517
19, 727
8, 372
6,512
15,964
Orders, unfilled, total
cars..
732
21,011
1, 129
127
125
224
17,813
13, 755
275
5,019
0
0
o
o
o
o
2,847
1,700
15,
174
9,
607
Equipment manufacturers
cars
10,
000
12
516
10
4,812
127
224
722
5, 964
5, 525
1,129
125
5,837
4,148
275
5,019
5,297
162
42
62
Shipments, total
cars _
159
427
67
48
24
25
112
62
392
22
22
21
159
Domestic
cars
66
24
Locomotives, industrial electric (quarterly):
Shipments, total . _ _
.number..
70
38
38
39
Mining use
number
37
37
38
70
Locomotives, railway:
1
4
Orders, new, placed by railroads -.number. .
5
0
10
40
17
0
0
3
20
3
Orders, unfilled, end of month:
Equipment manufacturers (Census)
83
82
121
total
number
74
146
136
79
83
134
97
136
138
120
72
142
124
79
Domestic, total
number. _
79
125
77
79
95
117
116
123
127
78
72
60
77
88
60
Electric...
.number..
75
78
85
86
85
60
62
1
1
2
2
0
Steam
number
54
65
64
10
31
31
61
67
i
1
1
1
1
1
1
1
o
o
Railroad shops (A R A )
number
20
Shipments:
2
0
1
1
Domestic, total
number. .
4
2
2
7
5
0
0
6
31
•7
1
1
5
5
1
0
0
0
o
2
Electric
number
31
1
1
2
0
2
0
0
6
0
Steam
_.
_
number
0
0
o
0
7
6
16
11
10
12
3
7
Exports, total t
number..
6
7
14
1
4
7
7
11
8
4
4
9
4
Electric
number
10
1
1
4
Steam .
number..
3
3
2
2
7
2
3
0
3
Passenger cars:
Orders, new, placed by railroads.. number..
0
0
0
75
2
0
58
47
0
0
0
0
177
3
6
Orders, unfilled (end of quarter) number
92
118
0
2
0
0
0
0
0
0
Shipments, total
number
0
0
2
0
0
0
0
0
0
o
Domestic
number. _
ELECTRIC TRUCKS AND TRACTORS
52
57
60
72
Shipments, industrial, total
number-52
67
46
63
36
51
70
29
65
57
58
52
64
71
60
Domestic
number. 39
64
27
35
49
64
1
2
6
1
1
0
Exoorts
number. _
0
3
7
3
2
« Revised.
» Preliminary.
* New series. For earlier data see p. 20 of the February 1934 issue for shipments, accessories and parts, and registrations of new commercial cars.
t Revised series. For earlier data see p. 19 of the Aueust 1933 issue for fire extinguishers and passenger-car registrations; and p. 55 of the June 1933 issue for 1932 exports
of locomotives. Data on automobiles revised for 1933. See p. 55 of the August 1934 issue.
t Index of sales of new passenger cars is on p. 26 of this issue.
§ Data revised for 1932. See p. 54 of the June 1933 issue. Data revised for 1933. See p. 20 of the September 1934 issue.
?
1
56
SUEVEY OF CUERENT BUSINESS
Monthly statistics through December 1931, 1934
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 1934
1933
August I S^-j October
1934
™™' DecemJanuary Februber
ary
N
March
April
May
48
12, 904
8 101
46
11,958
9 843
June
July
TRANSPORTATION EQUIPMENT—Continued
SHIPBUILDING
United States:
Merchant vessels:
Under construction thous. of gross tons Completed during month-total gross tons..
Steel
total gross tons
World (quarterly):
Launched:
Number
-- ships.Tonnage
_ _ ._ thous. of gross tons. .
Under construction:
Number
ships.Tonnage
thous. of gross tons__
5,156
2,907
36
5,673
1,867
26
2,787
1,181
24
5,148
3,751
25
6,930
1,406
25
8,363
7 743
44
4,159
1 814
43
2,976
1 437
42
5,314
2 085
38
7,535
3 256
90
130
71
175
55
86
99
149
216
757
206
757
269
1,079
288
1 216
35
10, 970
7 877
CANADIAN STATISTICS
!
Business indexes:*
89.8
88.2
99.0
90.8
85.5
Physical voiurne of business
1926=100..
86.2
86.8
86.4
99.6
93.1
92.6
95.8
95.7
89.5
90.2
87.4
83.9
Industrial production, total
1926= 100..
99.8
85.1
84.5
84.0
92.0
91.4
99.9
95.2
95.6
27.2
45.4
28.6
40.7
39.7
36.4
47.4
Construction!
1926= 100..
34 1
35 1
25 7
36 2
28 9
35 5
168.0
148.9
148.8
Electric power
1926=100.. 184.8
158.1
156.5
162.9
168. 9
188.5
176.0
176.7
185.7
180.6
96.9
97.0
87.9
86.2
Manufacturing
1926=100.. 100.7
88.6
80 7
83 2
100 2
88 8
87 7
98 7
99 0
94.0 i
86.2
88.0
87.2
Forestry
1926=100..
98.4
88.4
96.4
94 2
103 6
96 7
100 3
100 1
96 7
110.7 i
123. 7
130.9
114.4
Mining!
,1926=100 _
135 7
118 2
120 6
117 0
127 3
149 0
160 2
146 3
117 2
90.5 !
90.5
92.6
89.9
Distribution
1926= 100..
96.7
89.3
93.2
93 1
96 3
96 0
98 5
97 5
96 e>
74 3
70 3
67.9
63.9
62.6
Carloadings
1926=100
62 9
74 9
60 4
73 6
71 4
75 6
76 0
73 4
65.1
67.6
85.8
Exports (volume)
1926=100..
58.3
53 5
77 3
75 4
63 7
73 0
79 6
69 6
77 1
76 7
65.0
70.5
71.6
72 2
Imports (volume)
1926=100
70 0
77 4
67 8
62 8
64 0
64 7
82 8
69 3
73 1
112.7
113.9
114.8
Trade employment
,1926=100.. 118 0
112 8
115 9
113 8
116 3
119 2
117 8
117 2
119 6
118 0
197. 2
101. 1
70.5
41.8
Agricultural marketing
1926= 100.. 172 8
48.2
30.7
67 1
63 8
130 6
56 9
97 2
148 8
224.6
106.2
70.0
Orain marketings
1926=100
24 7
36 7
41 6
195 8
140 1
61 1
58 7
49 3
99 6
164 0
74.5
72.5
78.0
Livestock marketings
. . .1926= 100..
65.2
70 0
57.5
94 0
77 6
86 7
86 4
90 6
87 8
80 5
Commoditv prices:
o 79 4
a 78 5
«78. 3
°78. 5
°77.6
78.7
Cost of living index <?
1926=100_.
°77 8
•77. 9
•78. 2
«78 7
°79 9
o 78 2
78 4
72 l
69.5
68.9
Wholesale price index #
1926 = 100
67 9
72 3
68 9
69 0
70 6
72 0
72 1
71 1
71 1
72 0
87.1
90.4
88.5
Employment, total (first of month). 1926 = 100..
91.3
99.9
91.8
88.6
91.4
92.7
92.0
91.3
96.6
101.0
88.4
88.4
Construction and maintenance.. .1926 = 100.. 129.0
97.0
94.6
94.6
88.1
98.0
100.8
95.8
95.8
116.7
140.6
86.8
85.2
86.7
94.2
Manufacturing
1926 = 100..
84 4
86.5
80.0
84 2
90 2
86 5
93 2
88 1
93 8
97.4
100.4
105.8
Mining
1926=100..
110.3
109 7
105.5
106 8
109 4
108 9
103 6
106 2
103 3
107 0
113.8
Service
„. .1926= 100.. 123.0
108. 1
111.8
107.9
108.8
109.8
111 7
108 7
109 3
111 8
115 4
119 7
110.5
111.8
115.0
Trade
.
1926=100.. 116 5
115 6
119 1
122 3
112 5
115 6
111 6
116 5
116 1
119 1
81.2
82.5
82.7
Transportation
1926=100..
83.6
81.4
79.8
76.3
76 2
78 0
78 5
80 3
82 6
75 9
Finance:
Banking:
2 597
9 (502
Bank debits
. mills, of dol.. 2 533
2 649
2,457
2 489
2 823
2 492
2 838
3 129
2 089
2 536
2 767
97 2
Interest rates
..1926=100..
95.0
82.3
95.8
97 3
94 8
84 8
98 5
90 1
96 0
85 4
87 7
83 1
Commercial failures*
number ._
150
155
144
155
159
153
132
140
140
141
115
Life insurance, sales of ordinary life (14 cos.)*
thous. of dol._
27, 263
25, 381
31, 472
34, 185
37, 376
Security issues and prices:
New bond issues, total
thous. of dol._ 52, 737 94, 790
486 225, 780
6, 805
29
40, 946
3,634
76, 822
26, 059
9,514
31, 964
51, 447
o
0
0
o
o
Corporation
_ thous. of doL.
500
90
380
6,452
1,575
16 280
2 200
450
Dominion and provincial. .thous. of dol. . 52, 150 80, 000
0 225, 000
5,000
0
40, 799
22,
700
57, 707
3,000
0
15, 000
50, 000
Municipal .
.
--thous. of dol.
486
587
14, 290
690
230
29
664
147
2 979
634
684
7 314
997
Railways.
_
..thous. of doL.
0
0
0
0
0
12, 000
0
0
0
0
0
0
0
Bond yields
..percent
4 55
4.59
4 72
3 94
4 53
4 66
4 32
4 66
4 06
4 60
4 20
4 09
3 98
Common stock prices, totalt
1926= 100..
83.8
81.8
81.6
75.3
81.6
73.3
76.8
88.0
88.6
86.5
87.2
90.7
81.3
72 7
Banks
1926=100
74 8
73 1
76 0
64 7
68 4
75 2
71 7
71 7
76 9
76 7
76 1
73 6
Industrials
1926=100.. 120. 1
117.2
119. 1
111 4
103 6
113 4
128 0
123 8
128 5
118 6
126 1
133 0
116 6
Utilities
1926=100
51 2
53 5
56 8
47 8
56 7
47 8
58 8
48 5
53 5
58 0
54 5
58 1
50 6
Foreign trade:
Exports
... _ __
thous of dol 55 837 45, 135 58, 329 61 035 60 9?6 51, 624 47 118 38 365 58 364 32 047 58, 543 58 643
56 787
Imports
thous. of dol .. 43, 507 38, 747 38, 698 41, 070 43, 712 35, 368 32, 391 33, 592 47, 519 34, 815 52, 887 46, 186
44, 145
Exports, volume:
Automobiles. (See Transportation Equip.)
Newsprint. (See Paper.)
Wheat
.
-.
..thous. of bu . 14 710
8,653
19, 666
17, 458
7 088
23 305
23 144
19 024
10 103
6 513
3 568
12 979
18 426
Wheat
flour
thous. of bbl..
412
480
553
514
418
448
493
548
328
341
441
482
408
Railway statistics:
Carloadincrs
.
_
-thous. of cars
202
222
205
186
201
158
176
189
164
194
177
193
188
Financial results:
Operating revenues
thous. of dol
25, 872
23, 730
27, 239
22, 749
24, 176
21,011
20 627
24 657
26 06Q
23 395
24 436
Operating expenses
thous. of dol..
19, 829
21, 144
19, 683
18, 241
18, 340
19, 945
19, 601
20, 630
21, 240
19, 488
20[ 763
d go
Operating income
thous. of dol
5 111
1 679
6 654
5 040
3 916
216
2 976
3 814
2 636
2 839
Operating results:
Freight carried 1 milo
mills, of tons. .
2,103
1,752
2,442
1,537
1,682
2,011
1,986
1,629
1,721
1,869
1,873
Passengers carried 1 mile
mills, of pass
145
136
96
91
138
109
103
127
98
183
103
Commodity statistics:
Production:
Automobiles. (See Transportation Equip.)
Electrical energy, central stations
mills, of kw.-hr.. 1,659
1,489
1,702
1,708
1,724
1,508
1,618
1,796
1,613
1,621
1,697
1,708
1,830
37
Pig iron
thous. of long tons
31
42
27
12
35
30
37
12
31
27
38
37
Steel ingots and castings
thous. of long tons..
38
48
50
64
49
43
61
73
58
70
71
64
67
Livestock, inspected slaughter:
Cattle and calves
thous. of animals..
111
101
108
99
100
67
84
91
106
119
116
107
133
Swine
thous. of animals..
169
195
235
277
253
270
263
187
259
252
267
223
178
Sheep and lambs
thous. of animals-97
148
182
84
41
101
40
36
38
34
32
56
75
Newsprint. (See Paper.)
i1
Silver. (See Finance.)
Wheat, visible supply. (See Foodstuffs.)
Wheat
flour
thous. of bbl_.
1,393
1,444
1, 102
1,651
1,827
967
1,043
1,064
1,089
1,127
1,073
1,175
a
Revised.
* Deficit.
* New series. For earlier data see p. 18 of the February 1933 issue, business indexes, p. 20 of the October 1933 issue, commercial failures, and p. 20 of the February 1934
issue, life-insurance sales.
>v*"*f Revised series. See p. 55 of the April 1934 issue, construction, and mining, for 1933. Series on common-stock prices revised back to December 1932 as a result of
additional stocks being added, for revision see p. 56 of the April 1934 issue.
# Number of commodities changed from 502 to 567 beginning with month of January 1934.
4 Data revised from January 1932 through July 1933. Revision for 1932 see p. 55 of the November 1933 issue. Final revisions for 1933 not shown above are as
follows: January, 78.9; February, 78.1; March, 77.5; April, 77.8; May, 76.7; June, 76.7, and July, 76.9.
BNDEX TO MONTHLY BUSINESS STATISTICS
Page
Abrasive paper and cloth
51
30
Acceptances, bankers'
55
Accessories, automobile
25,26
Advertising, magazine, newspaper, radio
34,35
Africa, United States trade with
Agricultural products, cash income received
23
from marketings of
30
Agricultural wages, loans
47
Air-conditioning equipment
26
Air mail
36,54
Airplanes
,
36,37
Alcohol, denatured, ethyl, methanol
48
Aluminum
37
Animal fats, greases
Anthracite industry
22, 29,43
29,53
Apparel, wearing
Argentina, United States trade with; exchange; flaxseed stock
32, 35,38
34,35
Asia, United States trade with
44
Asphalt
_
Automobiles
22,26,27,28,29 54,55
49
Babbitt metal
40
Barley
47
Bathroom fixtures
Beef and veal
41
Beverages, fermented malt liquors and dis39
tilled spirits
Bituminous coal
22, 28 29,43
47
Boiler and boiler fittings
33,34
Bonds, prices, sales, value, yields
51
Book publication
51
Boxes, paper, shipping
50
Brass
Brazil, coffee; exchange; United States trade
with
.
32 35,42
52
Brick
31
Brokers' loans
50
Bronze
24,25
Building contracts awarded
25
Building costs
Building materials
24,45 46,47
22
Business activity index (Annalist)
31
Business failures
39
Butter
56
Canadian statistics
42
Candy
36
Canal traffic
33
Capital issues..
22,35
Carloadings
41
Cattle and calves
38
Cellulose plastic products
29,52
Cement
___
22, 27, 28
26,27
Chain-store sales
40
Cheese
32,35
Chile, exchange; United States trade with
43
Cigars and cigarettes
28
Civil-service employees
Clay products
23, 24, 27, 28 29,52
Clothing
24, 25, 27, 28 29,53
Coal
_._
22,28 29,43
42
Cocoa
23,42
Coffee
43
Coke
_
30
Commercial paper
36
Communications
Construction:
24
Contracts awarded, indexes
25
Coats
25
Highways
30
Wage rates
49
Copper
50
Copper wire cloth
38
Copra and coconut oil
40
Corn
23
Cost-of-living index
23,53
Cotton, raw and manufactures
38
Cottonseed, cake and meal, oil
Crops
23,38 40,53
23,39
Dairy products
31
Debits, bank
33
Debt, United States Government
28,30
Delaware, employment, pay rolls
27
Department-store sales and stocks
30,31
Deposits, bank
29
Disputes, labor
34
Dividend payments
42
Douglas fir
29,30
Earnings, factory
23,41
Eggs
22,23
Electrical energy, consumption index
49
Electrical equipment
Electric power, production, sales, revenues. _ 22,39
35
Electric railways
.
Employment:
28
Cities and States
27,28
Factory
28
Nonmanufacturing
28
Miscellaneous
36
Emigration
47
Enameled ware
25
Engineering construction
England, exchange; United States trade with. 32,35
32
Exchange rates, foreign
33
Expenditures, United States Government-..
37
Explosives
.
34,35
Exports
Factory
employment, pay rolls
27, 28, 29,30
31
Failures, commercial
,-http://fraser.stlouisfed.org/
Federal Reserve Bank of St. Louis
Page
24
Fairchild retail price index
35
Fares, street railways
28
Farm employees
23
Farm prices, index
33
Federal Government, finance
25,28
Federal-aid highways
31
Federal Reserve banks, condition of
31
Federal Reserve member bank statistics
37
Fertilizers
55
Fire-extinguishing equipment
25
Fire losses
37,42
Fish and fish oils
38
Flaxseed
45
Flooring, oak, maple, beech, and birch..
41
Flour, wheat
_ _
Food products
22,23,27,28,29,39,40, 41,42
45,52
Footwear
34,35
Foreign trade, indexes, values
48
Foundry equipment
France, exchange; United States trade with. 32,35
27,55
Freight cars (equipment)
35
Freight cat-loadings, cars, indexes
36
Freight-car surplus
23,40
Fruits
48
Fuel equipment—
43,44
Fuels
46,48
Furniture
39
Gas, customers, sales, revenues
44
Gas and fuel oils
.
44
Gasoline
55
General Motors sales
Glass and glassware
22, 27, 28, 29,52
44
Gloves and mittens
32
Gold__
_
26
Goods in warehouses
Grains
23, 24, 40,41
53
Gypsum
45
Hardwoods
52
Heels, rubber
44
Hides and skins
41,44
Hogs
25
Home Loan Bank, loans outstanding
53
Hosiery__
Hotels..
_
28, 30,36
23
Housing
Illinois, employees, factory earnings
28, 29,30
34
Imports
33
Income-tax receipts
26
Incorporations, business
22
Industrial production, indexes
27
Installment sales, New England
32
Insurance, life
34
Interest payments
31
Interest rates
31
Investments, Federal Reserve member banks.
22,46
Iron, ore; crude; manufactures
32,35
Italy, exchange; United States trade with
Japan, exchange; United States trade with__ 32,34
44
Kerosene
29
Labor turnover, disputes
42,44
Lamb and mutton
41
Lard
_
49
Lead___
Leather
____
22, 23, 24, 25, 26, 27, 28, 29,44
54
Leather, artificial
33
Liberty bonds
38
Linseed oil, cake, and meal
__
Livestock
23,41, 42,44
30
Loans, agricultural, brokers', time
55
Locomotives
54
Looms, woolen, activity
44
Lubricating oil
Lumber
22,23,24,27,28,29, 45,46
45
Lumberyards, sales, stocks
53,54
Machine activity, cotton, silk, wool
48
Machine tools, orders, shipments
Machinery
--.--26,27,28,29,35, 48,49
25,26
Magazine advertising
22
Manufacturing indexes
23
Marketings, agricultural
28,29
Maryland, employment, pay rolls
28,29
Massachusetts, employment, pay rolls
41,42
Meats
Metals
22,23,27,28,29, 49,50
36,37
Methanol
Mexico:
43
Petroleum production and exports
32
Silver production
35
United States trade with
40
Minerals
.._
22, 43,49
32
Money in circulation
National Industrial Recovery Act, highway
25
construction
37
Naval stores
32
Netherlands, exchange
New Jersey, employment, pay rolls
.— 28,29
50
Newsprint
New York, employment, pay rolls, canal
traffic
28, 29,36
30,33
New York Stock Exchange
31
Notes in circulation
40
Oats
34,35
Oceania, United States trade with
28
Ohio employment
36
Ohio River traffic
37,38
Oils and fats
38
Oleomargarine
Page
Paints
__
38
Paper and pulp
22,23,27,28,29,50,51
Passenger-car sales index
26
Passengers, street railways; Pullman
35,36
Passports issued
36
Pay rolls:
Factory
29
Factory, by cities and States
29
Nonmanufacturing industries
29,30
Pennsylvania, employment, pay rolls
28, 29
Petroleum and products
22,28,29,43,44
Pig iron
22,46
Pork
41,42
Postal business
26
Postal savings
31
Poultry
23,42
Prices:
Cost of living, indexes
23
Farm indexes
23
Retail, indexes
23, 24
Wholesale, indexes
24
World, foodstuffs and raw material23
Printing
51
Production, industrial
22
Profits, corporation
32
Public, finance.
33
Public utilities
28,30,34,39
Pullman Co
36
Pumps
49
Purchasing power of the dollar
24
Radiators
,„
47
Radio, advertising
25
Railroads; operations, equipment, financial
statistics
35, 55
Railways, street
35
Rayon
54
Real-estate market activity
25
Reconstruction Finance Corporation, loans
outstanding
33
Registrations, automobiles
55
Rents (housing), index
23
Retail trade:
Automobiles, new passenger
26
Chain stores:
5-and-10 (variety)
26
Grocery
26
Department stores
27
Mail order
27
Roofing
39
Rice..
40
Rubber, crude; scrap; clothing; footwear;
tires
_
22, 23, 24, 27, 28, 29, 51, 52
Rye
40
Sanitary ware
47
Savings deposits
31
Sheep and lambs
42
Shipbuilding
22, 27, 28, 29, 56
Shoes
22,24,25,26,27,28,29,45
Silk
23,54
Silver
__.
22,32
Skins
44
Softwoods
45,46
Spain, exchange
32
Spindle activity, cotton
53
Steel, crude; manufactures
22,47
Stockholders
34
Stock indexes, domestic and world
23
Stocks, department stores
27
Stocks, issues, prices, sales, yields
34
Stone, clay, and glass products. 22,23,27,28,29,52,53
Sugar
23,42
Sulphur
37
Sulphuric acid
37
Superphosphate
37
Tea
23,42
Telephones and telegraphs
36
Terneplate
48
Terra cotta
53
Textiles, miscellaneous products
54
Timber
45
Tin and terneplate
23,48
Tires
22,24,27,28,29,51
Tobacco
22, 25, 26, 27, 28, 29,43
Tools, machine
48
Trade unions, employment
29
Travel
36
Trucks and tractors, industrial electric
55
United Kingdom, exchange; United States
trade with.
32,35
Uruguay, exchange
32
United States Steel Corporation
30,34,47
Utilities
28,30,34,35,38,39,55
Vacuum cleaners
50
Variety store sales index
26
Vegetable oils
__
_
37,38
Vegetables
23,40
Wages
— 29,30
Warehouses, space occupied
26
Waterway traffic
36
Wheat and wheat
flour
23,41
Wholesale prices
24
Wisconsin, employment; pay rolls
28, 29
Wood pulp
50
Wool.
22,23,54
Zinc
_
22,49
RECENT RELEASES
OF THE
BUREAU OF FOREIGN & DOMESTIC COMMERCE
COSTS, SALES, AND PROFITS IN THE RETAIL DRUG STORE
DOMESTIC COMMERCE SERIES NO. 90; 20 CENTS
This final report of the National Drug Store Survey covers the operations of 11 independent and
2 chain drug stores in St. Louis; April 1931-March 1932. It views the stores as entities and is
written from the standpoint of operating costs. For seven of the independent stores there is
presented a detailed analysis of sales and costs by departments and commodity groups, and
profits from the operation of the several departments.
WHOLESALE DRUGGISTS9 OPERATIONS
DOMESTIC COMMERCE SERIES NO. 86; 15 CENTS
A part of the National Drug Store Survey. A case study covering the 1931 operations of a
well-managed, full-line, full-service wholesale druggist located in a western city. Major subjects
covered include a general description of operations; detailed analysis of financial ratios and
operating costs; comprehensive analysis of customers; detailed commodity analysis; special
studies including deliveries, returned goods, etc. ; a special commodity index is included.
RETAIL OPERATING COSTS WITHIN A METROPOLITAN
COMMUNITY
DOMESTIC COMMERCE SERIES NO. 88; 10 CENTS
Based upon the 1930 Census of Distribution— Retail. The information is broken down by those
expense items and kinds of business reported in the Census, specially analyzed for this publication. The data presented are based on a complete census of one city, they constitute not a sample
but the entire retail business of a metropolitan community and so reflect the actual condition
resulting from both well-managed and badly-managed retail stores. The effect of sales volume
on operating ratios in the central shopping district is also shown.
RETAIL CREDIT SURVEY, JULY-DECEMBER 1933
DOMESTIC COMMERCE SERIES NO. 89; 5 CENTS
Presenting factual information on credit questions. Coverage is limited to six leading retail
trades — furniture, shoes, jewelry, department store, men's clothing, women's clothing stores.
It is considered by credit authorities as being an excellent guide for credit extension in other
sections of retail trade.
WORLD CHEMICAL DEVELOPMENTS IN 1933 AND EARLY 1934
TRADE INFORMATION BULLETIN NO. 818; 10 CENTS
Revolutionary changes affecting the world's chemical business are considered, along with other
important data, in this bulletin, which reviews the chemical industries of all major and several
minor chemical consuming and producing countries in Europe, and of such other countries,
especially Japan and Canada, as have recently been devoting more attention to developing their
chemical industries. A world picture is presented to the reader.
Copies of the above bulletins may be obtained from the Superintendent of Documents,
Washington, D.C. Remittances should accompany all orders. A discount of 25 percent is
allowed on all orders for 100 or more copies of a single publication to be mailed to one address.
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U. 3. SOVERMMENT P R I N T I N G OFFICE: 1934
@FedFRASER